Stockwinners Market Radar for April 27, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

ANAB

Hot Stocks

20:11 EDT AnaptysBio holder Ecor1 buys 147.3K shares of common stock - In a regulatory filing, AnaptysBio disclosed that its holder Ecor1 Capital bought 147.3K shares of common stock on April 23rd in a total transaction size of $3.48M, adding to their position by 2%.
RAIN

Hot Stocks

20:10 EDT Rain Therapeutics holder buys 550K shares of common stock - In a regulatory filing, Rain Therapeutics disclosed that its holder Perceptive Advisers bought 550K shares of common stock on April 27th in a total transaction size of $9.35M.
ALEX

Hot Stocks

20:03 EDT Alexander & Baldwin raises quarterly dividend to 16c from 15c per share - The dividend is payable on July 6, 2021 to shareholders of record as of the close of business on June 28, 2021.
MRKR

Hot Stocks

19:49 EDT Marker Therapeutics to present mTAA-specific T cell manufacturing data - Marker Therapeutics announced that it will present data detailing a new robotics technology to aid in multi-tumor-associated antigen (mTAA)-specific T cell therapy manufacturing at the upcoming American Society of Gene & Cell Therapy Annual Meeting, taking place virtually May 11-14, 2021. The data will be presented by lead author Anastasiya Smith, Ph.D. The presentation details how the robotic assistant prototype, co-designed by Marker Therapeutics and ABB Robotics, could in the future be integrated in a standard biosafety cabinet to collaborate with a human operator during mTAA-specific T cell manufacturing. The researchers found that the robotic assistant prototype was more precise and accurate than human operators in pipetting liquid and was more consistent in the number of cycles performed over a 1-hour test period, while the human operator's performance deteriorated over time. The authors conclude that the future combination of process simplification with robotic automation may be able to address some of the challenges associated with cell therapy and make this therapy readily available to a larger patient population.
BB

Hot Stocks

19:02 EDT BlackBerry names Tom Eacobacci as COO - The company states: "BlackBerry announced steps to further align operations and go-to-market efforts to its key market opportunities as well as strengthen its management team. This follows the company's previous announcement to separately report revenues of its operating business units in the new fiscal year. With Software and Services growth as the top priority for fiscal year 2022, BlackBerry will organize around two business units: Cyber Security and IoT. To drive focus in each of these market opportunities BlackBerry is appointing business unit general managers with deep industry expertise to provide direction to strategy, engineering, direct and channel sales, customer support and field marketing. BlackBerry has promoted President Tom Eacobacci to BlackBerry President and Chief Operating Officer. Eacobacci will also serve as Acting General Manager of the Cyber Security business unit, which combines BlackBerry Spark together with the company's critical event management and secure communications solutions. BlackBerry is also announcing the appointment of Mattias Eriksson as President and General Manager of the newly-formed BlackBerry IoT business unit."
BG

Hot Stocks

18:56 EDT Bunge changes segment reporting to align with value chain operating structure - Bunge Limited announced that it has changed its segment reporting to align with the company's new value chain operating structure. Beginning with the first quarter 2021, Bunge will report Core Segment results as follows: Agribusiness, which includes processing and merchandising; Refined and Specialty Oils; and Milling. Bunge will also continue to report Corporate and Other results and Non-core Segment results, which is made up of Sugar & Bioenergy. The primary changes are elimination of the fertilizer reporting segment, the results of which are now included in the processing component of the Agribusiness reporting segment, the realignment of grains and oilseeds operations into processing and merchandising, as well as other immaterial reclassifications between Core and Corporate and Other segments. The segment reporting changes reflect a corresponding change in how the company's CEO reviews financial information in order to allocate resources and assess performance. In conjunction with this change, certain prior year amounts have been recast to conform to the new segment reporting structure. These changes have no impact on previously-reported consolidated balance sheets, statements of income (loss), comprehensive income (loss), changes in equity or cash flows.
SIX

Hot Stocks

18:40 EDT Six Flags New England cleared to reopen with rides and attractions - Six Flags announced that Six Flags New England has received state clearance to reopen with rides and attractions. The park, located in Agawam, Massachusetts, will open for its 21st season to Members and Season Pass holders on May 14, and to the general public on May 15, 2021. Additionally, the company's two California waterparks, Hurricane Harbor Los Angeles and Hurricane Harbor Concord, will open to the public May 15 and May 22, respectively. The parks will operate at reduced attendance levels, in accordance with state reopening guidelines for theme parks and waterparks, utilizing a reservation system. The parks will implement the extensive safety measures already in use at Six Flags parks throughout the system. Six Flags New England's Dinosaurs: A Walk Thru Experience will be available through May 23 with paid park admission.
RHHBY

Hot Stocks

18:36 EDT FDA AdCom in favor of maintaining accelerated approval for Genentech's Tecentriq - Genentech, a member of the Roche Group, announced the FDA Oncologic Drugs Advisory Committee voted 7 to 2 in favor of maintaining accelerated approval of Tecentriq in combination with chemotherapy for the treatment of adults with unresectable locally advanced or metastatic triple-negative breast cancer whose tumors express PD-L1, as determined by an FDA-approved test. Today's ODAC meeting is part of an industry-wide review of accelerated approvals with confirmatory trials that have not met their primary endpoint(s) and have yet to gain regular approvals. The advisory committee provides the FDA with independent opinions and recommendations from outside medical experts, though the recommendations are not binding. The FDA has not announced when it will make its final decision for Tecentriq in this indication. The FDA's Accelerated Approval Program allows for conditional approval of a medicine that fills an unmet medical need for a serious condition, with specific postmarketing requirements to confirm the clinical benefit and convert to regular approval.
MSFT NUAN

Hot Stocks

18:30 EDT Microsoft says healthcare business a 'critical opportunity for us' - Says Nuance a "great fit for us." Says lots of OpEx going towards new markets.
OMC

Hot Stocks

18:25 EDT Omnicom CEO sells 81K shares of common stock - In a regulatory filing, Omnicom disclosed that its CEO John Wren sold 81K shares of common stock on April 26th in a total transaction size of $6.54M, reducing his stake by about 6%.
RAIN

Hot Stocks

18:24 EDT Rain Therapeutics director Aaron Davis buys 1.175M shares of common stock - In a regulatory filing, Rain Therapeutics disclosed that its director Aaron Davis bought 1.175M shares of common stock on April 23rd in a total transaction size of $19.85M.
CMG

Hot Stocks

18:18 EDT Chipotle director buys 673 shares of common stock - In a regulatory filing, Chipotle director Matt Carey disclose a purchase of 673 shares of Chipotle stock on April 23rd in a total transaction size of $999.4K.
MSFT

Hot Stocks

18:10 EDT Microsoft sees Q4 Productivity and Business Processes revenue $13.8B-$14.05B - Sees Q4 Intelligent Cloud revenue $16.2B-16.45B. Sees Q4 More Personal Computing revenue $13.6B-$14.0B. Sees Q4 COGS $13.7B-$13.9B. Sees Q4 OpEx $13.1B-$13.2B. Sees Q4 CapEx up sequentially. Sees Q4 tax rate about 16%. Expects FX to boost Q4 revenue by 3%. Comments taken from Q3 earnings conference call.
PCAR

Hot Stocks

17:56 EDT Paccar increases quarterly dividend 6% - Paccar's board approved an increase of 6% in the regular quarterly cash dividend to 34c per share from 32c per share. The dividend will be payable on June 2 to stockholders of record at the close of business on May 12.
MSFT

Hot Stocks

17:51 EDT Microsoft says Q3 a record quarter powered by commercial cloud - Says Dynamic 365 had a "breakthrough quarter." Seeing increased adoption of 365 across many industries. Saw "record engagement" in LinkedIn. Says Teams usage continues to grow. Comments taken from Q3 earnings conference call.
DHR

Hot Stocks

17:39 EDT Danaher senior VP Lalor sells over 3,000 common shares - In a regulatory filing, Danaher senior VP of Human Resources Angela Lalor disclosed the sale of 3,092 common shares of the company on April 23 at a price of $255.79 per share.
SBUX

Hot Stocks

17:37 EDT Starbucks sees store visitation frequency normalizing in 2H21 - Says Q2 EPS driven by better-than-expected margin recovery. Says has better visibility to anticipate FY results. Says increase in FY21 guidance attributable to better-than-expected results in first half. Says will not provide monthly comps guidance going forward. Sees store visitation frequency normalizing in 2H21.
BA

Hot Stocks

17:34 EDT Boeing awarded $106.82M Air Force contract modification - Boeing has been awarded a $106.82M change-order-definitization, cost-plus-incentive-fee modification to a contract for the Flight Test Telemetry Termination Rapid Fielding Initiative, or FT3 RFI. This contract allows the implementation of initiatives to meet the FT3 flight schedule. Work will be performed in Layton, Utah, and is expected to be completed June 28, 2024. No funds are being obligated at the time of award. Air Force Nuclear Weapons Center is the contracting activity.
LMT RTX

Hot Stocks

17:33 EDT Raytheon Technologies, Lockheed Martin JV awarded $175.94M Army modification - Raytheon (RTX) and Lockheed Martin (LMT) Javelin joint venture was awarded a $175.94M modification to a contract for the Javelin Weapon System. Work will be performed in Tucson, Arizona, with an estimated completion date of November 30, 2023. FY10 Foreign Military Sales funds and FY21 missile procurement, Army funds in the amount of $175.94M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
TAK

Hot Stocks

17:32 EDT Takeda's Mobocertinib or TAK-788 granted FDA priority review in NSCLC treatment - Takeda Pharmaceutical announced that the FDA has granted priority review for the company's New Drug Application for mobocertinib,or TAK-788, for the treatment of adult patients with epidermal growth factor receptor Exon20 insertion mutation-positive metastatic non-small cell lung cancer, as detected by an FDA-approved test, who have received prior platinum-based chemotherapy. Mobocertinib is the first oral therapy specifically designed to selectively target EGFR Exon20 insertion mutations. The NDA for mobocertinib is primarily based on results from the Phase 1/2 trial, which is evaluating the safety and efficacy of oral mobocertinib in patients with mNSCLC. The application was submitted under the FDA's accelerated approval program.
GOOGL GOOG

Hot Stocks

17:30 EDT Alphabet says it saw phenomenal growth in YouTube - Says plans to invest $47B in 2021 in offices and data centers. Says plans on adding 10,000 jobs in 2021. Says off to great start of the year. Says saw sustained growth in most categories. Says saw phenomenal growth in YouTube. Says YouTube audience is incremental to that of TV. Says services segment will have stronger performance in the second half. Says too early to tell how durable consumer behavior will be as restrictions are lifted. Says Google Cloud approach has not changed. Says primary use of capital is to support organic growth in businesses. Comments taken from Q1 earnings conference call.
LMT

Hot Stocks

17:28 EDT Lockheed Martin awarded $214.71M Army contract modification - Lockheed Martin was awarded a $214.71M modification to a contract for the M270A2 Multiple Launch Rocket System. Work has an estimated completion date of September 30, 2024. FY21 missile procurement, Army funds in the amount of $214.71M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
SBUX

Hot Stocks

17:24 EDT Starbucks says coffee products top share gainer in U.S. in Q2 - Says regained momentum in China at end of Q2. Says Starbucks remained number one brand in terms of total coffee in U.S. and was top market share gainer in Q2. Says Starbucks products on single-serve platforms continued to exceed expectations globally in Q2.
SBUX

Hot Stocks

17:20 EDT Starbucks says resurgent COVID restrictions in China hurt Q2 results - Says U.S. comp growth attributable to increased customization and all-time high food attach. Says Q2 results in U.S. "phenomenal." Says "particularly pleased" with ability to improve digital operations in China during pandemic.
WDR UTL

Hot Stocks

17:19 EDT Unitil to replace Waddell & Reed in S&P 600 at open on 5/3 - Macquarie Group is acquiring Waddell & Reed Financial in a deal expected to be completed soon pending final conditions.
EA...

Hot Stocks

17:18 EDT Genworth to replace Glu Mobile in S&P 600 at open on 5/3 - Electronic Arts (EA) is acquiring Glu Mobile (GLUU) in a deal expected to be completed soon pending final conditions.
GNW G

Hot Stocks

17:17 EDT Genpact to replace Genworth in S&P 400 at open on 5/3
CALX

Hot Stocks

17:16 EDT Calix jumps 7% to $48.00 after Q1, Q2 outlook tops estimates
SBUX

Hot Stocks

17:14 EDT Starbucks says many pandemic behaviors 'here to stay' - Says customers "longing for" human connection. Says rewards members growth reflects "strong" customer engagement strategy. Says 90-day active SR member base increasing. Says continues to invest in improving drive-through operations. Comments taken from Q2 earnings conference call.
TER

Hot Stocks

17:05 EDT Teradyne CEO says test demand 'stronger than expected' - "Coming off a strong 2020, we continued to grow both our Test and Industrial Automation businesses resulting in first quarter revenue growth of 11% compared to one year ago," said Teradyne President and CEO Mark Jagiela. "Test demand for automotive, industrial, memory, and mobility remain strong and growing. The Industrial Automation recovery is in full swing with 33% growth compared to Q1 2020. Looking ahead, test demand at this point in the year is stronger than expected fueled by both continued device complexity increases and unit growth. Both the SOC and Memory test markets will likely exceed the top end of our market forecast resulting in higher sales and profits as reflected in our Q2 guidance. Additionally, increasing forecasts for wafer fabrication equipment investments are a strong indicator for test growth in the years to come. In Industrial Automation, we remain on track for more than 30% revenue growth in 2021 as demand continues to strengthen."
CMA

Hot Stocks

17:04 EDT Comerica adds 10M shares to stock repurchase pact - Comerica announced its Board of Directors declared a quarterly cash dividend for common stock of 68c per share. The dividend is payable July 1 to shareholders of record at the close of business on June 15. The Board also declared a dividend of $1,406.25 per share on the Series A Non-Cumulative Perpetual Preferred Stock of Comerica Incorporated, payable July 1, to preferred stock shareholders of record at the close of business on June 15. In addition, the Board approved the authorization to repurchase up to an additional 10 million shares of Comerica Incorporated outstanding common stock. This authorization is in addition to the 4.9 million shares remaining at March 31 under the Board's prior authorizations for the share repurchase program. There is no expiration date for the share repurchase program. The timing and actual amount of share repurchases are subject to various factors, including the Corporation's earnings generation, capital needs to fund future loan growth and market conditions. Shares will be purchased occasionally in the open market, through privately negotiated transactions, utilizing Rule 10b5-1 plans or otherwise. The repurchased shares may be held as treasury stock or retired.
OII

Hot Stocks

17:02 EDT Oceaneering wins multiple contracts with anticipated aggerate revenue of $135M - Oceaneering announced that its manufactured products segment has won multiple contracts during the first four months of 2021, with anticipated aggregate revenue in excess of $135M. The anticipated revenue from these contracts with international oil and gas operators and marine construction companies ranges in value from less than $10M to greater than $90M. Each contract scope of work involves the manufacture of subsea production umbilicals and umbilical termination hardware at one of Oceaneering's facilities, located in Panama City, Florida, Niteroi, Brazil, and Rosyth, Scotland. Manufacturing of the umbilicals is expected to commence promptly, with production schedules ranging in duration from several months to five years.
CNK

Hot Stocks

17:00 EDT Cinemark to add new 14-screen theatre in Riverton, Utah - Cinemark Holdings, in partnership with CenterCal Properties LLC, announced that it will be expanding its presence in Utah with the addition of a new 14-screen theatre in Mountain View Village located in Riverton. Formally agreed upon in 2019, the theatre is currently under construction and set to open mid-2022. "We are thrilled to be expanding the immersive, cinematic experience of seeing a film on the big screen with the addition of a brand-new Cinemark theatre in Riverton," said Jay Jostrand, Cinemark EVP of Real Estate. "We know Utah has an avid moviegoing community, and we are proud to work with long-time partner CenterCal Properties to bring this new entertainment destination to life with our best amenities and the sight and sound technology that cannot be replicated at home."
BXP ROKU

Hot Stocks

16:57 EDT Boston Properties: Roku signs new 10-year lease agreement in Santa Monica, CA - Boston Properties (BXP) announced that Roku (ROKU) has signed a new, 10-year lease agreement for 72,000 square feet in BXP's 1.2M square foot Colorado Center office campus in Santa Monica, California.
ETH

Hot Stocks

16:47 EDT Ethan Allen announces dividend, declares special cash dividend of 75c per share - Ethan Allen Interiors announced that its Board of Directors has declared a 75c per share special cash dividend to shareholders of record as of May 11, payable May 25. The Board also declared a regular quarterly cash dividend of 25c per share to shareholders of record as of May 11, payable May 25. Farooq Kathwari, Chairman and CEO commented, "We are pleased to continue our growth in sales and earnings. With a strong balance sheet and our continued confidence in continuing our growth, we are pleased to share a special cash dividend in addition to our regular cash dividend." Mr. Kathwari further stated, "In these challenging times, we continue to maintain a focus on safety and treating our associates, and customers, with dignity and compassion. We see continued strong demand for our product offerings and the services of our interior design professionals who are increasingly combining personal service and technology. To meet this strong demand, we are also focused on expanding production throughout our North American manufacturing where 75% of our products are made." As previously announced on April 14, 2021, the Company will release its fiscal 2021 third quarter financial results on April 29, 2021.
COF

Hot Stocks

16:40 EDT Capital One CEO says investments to transform technology 'paying off' - "Strikingly strong credit drove another quarter of record earnings per share, and our investments to transform our technology and how we work are paying off," said Richard Fairbank, Founder, Chairman and CEO. "Our modern technology is powering our response to the pandemic, and putting us in a strong position for opportunities that emerge as sweeping digital change transforms banking."
COF

Hot Stocks

16:39 EDT Capital One reports Q1 net interest margin 5.99%, down 6 bps sequentially - Reports Q1 Net charge-offs of $740M; Efficiency ratio of 52.58%, Operating efficiency ratio of 45.54%.
AMGN

Hot Stocks

16:36 EDT Amgen drops 5% to $242.90 after Q1 results miss estimates
VCYT

Hot Stocks

16:35 EDT Veracyte says Percepta GSC study published in BMC Cancer - Veracyte announced the publication of a new study that demonstrates the robust performance of the Percepta Genomic Sequencing Classifier (GSC), a novel genomic test, in helping to improve lung cancer diagnosis. The data, based on widely accepted community guidelines for establishing analytical validity, add to the growing body of clinical evidence supporting the use of the Percepta GSC to guide next steps for patients with lung nodules whose bronchoscopy results are inconclusive. The peer-reviewed paper appears online in the journal BMC Cancer. Veracyte scientists followed criteria established by the Evaluation of Genomic Applications in Practice and Prevention (EGAPP) Working Group and the Centers for Disease Control's ACCE Project to evaluate the analytical validity of the Percepta GSC. They also assessed the Percepta GSC for reproducibility within and across laboratories. Based on the guidelines, the scientists determined the Percepta GSC test is suitable for routine clinical use with robust analytical sensitivity, analytical specificity, and reproducibility. Expected variability in clinical laboratories - assessed in this study by using different instruments, operators, and labs - was found to be negligible. "We are pleased to share the results of this analytical validation study, which clearly demonstrate the Percepta GSC's robust performance regardless of variations in RNA quantity, as well as the presence of blood or other contaminants, in patient samples," said Giulia C. Kennedy, Ph.D., Veracyte's chief scientific officer and chief medical officer, and an author of the study. "These findings should give physicians further confidence that the Percepta GSC can help them determine next steps for their lung-nodule patients when bronchoscopy results are inconclusive."
HUM

Hot Stocks

16:35 EDT Humana to acquire remaining interest in Kindred at Home - Humana announced it has signed a definitive agreement to acquire the remaining 60% interest in Kindred at Home, or KAH, from TPG Capital, the private equity platform of global alternative asset firm TPG, and Welsh, Carson, Anderson & Stowe for an enterprise value of $8.1B, which includes Humana's existing equity value of $2.4B associated with its current 40% minority ownership interest. KAH employs approximately 43,000 caregivers providing home health, hospice and community care services to over 550,000 patients annually. KAH has locations in 40 states, providing extensive geographic coverage with approximately 65% overlap with Humana's individual Medicare Advantage membership. This acquisition, which is expected to close in the third quarter of 2021, is subject to customary state and federal regulatory approvals. Humana expects to fund the approximately $5.7B transaction through a combination of parent company cash and debt financing. The company does not anticipate a material impact to earnings in 2021 from this pending transaction. Humana expects the transaction to provide modest additional financial flexibility for 2022.
YUMC

Hot Stocks

16:34 EDT Yum China CEO 'optimistic' about long-term growth opportunity in China - Joey Wat, CEO of Yum China, commented, "Our first quarter results once again demonstrated the resilience of Yum China and were accomplished by our dedicated and tireless team of over 400,000 people. We delivered solid sales growth and operating profit amid challenging market conditions. Our operations and supply chain teams overcame a wide array of challenges and uncertainties, managed potential disruptions and delivered robust operations for our stores. Our brands adapted quickly to an unusual Chinese New Year, driving on- and off-premise dining demand with compelling offers and flexible resource planning. KFC continued its journey of accelerated growth, while Pizza Hut made significant strides in making its business more resilient." Wat continued, "We remain optimistic about our long-term growth opportunity in China, which is reflected in our vigorous pace of investment. We accelerated store network expansion, opening 315 new stores during the quarter. As part of our end-to-end digitization initiatives, we are digitizing and automating our restaurants to improve operational efficiency. Leveraging emerging technologies, we have been enhancing our ability to manage inventory, product quality and kitchen processes. Furthermore, we continue to fortify our supply chain to give us more operational flexibility, allow us to be more responsive and to grow even faster. During the quarter, we took a 5% equity interest in our largest poultry supplier Sunner to deepen collaboration, and broke ground to build an intelligent supply chain support center in Chengdu. All these initiatives are essential to help accelerate our growth in the years ahead." Andy Yeung, CFO of Yum China, added, "While we are pleased with the first quarter performance, sales were impacted by regional outbreaks and significantly reduced travel volumes. The impacts of COVID-19 are subsiding, but we continue to expect the recovery of same-store sales to 2019 levels to take time and the recovery path to remain uneven and non-linear. In the short term, the top priority of our business is to drive consumer traffic back to our stores. We plan to invest more in our marketing, value proposition, digital engagement and customer service. On the other hand, we are also seeing early signs of inflationary pressure in commodity prices and wages as the economy continues to recover. Despite the lingering effects of COVID-19, we will continue to invest to drive sustainable long-term growth."
YUMC

Hot Stocks

16:33 EDT Yum China backs FY21 CapEx view $600M - Expects to open approximately 1,000 new stores (gross).
YUMC

Hot Stocks

16:32 EDT Yum China reports Q1 total system sales up 34% year over year, SSS up 10% y/y - Total system sales increased 34% year over year, with increases of 24% at KFC and 57% at Pizza Hut, excluding F/X. Same-store sales increased 10% year over year, with increases of 5% at KFC and 38% at Pizza Hut, excluding F/X. Opened 315 new stores during the quarter; total store count reached 10,725 as of March 31, 2021. Restaurant margin was 18.7%, compared with 10.7% in the prior year period.
IEX

Hot Stocks

16:31 EDT Idex Corp. to acquire Airtech for $470M - IDEX announced that it has entered into a definitive agreement to acquire Airtech Group, Inc., US Valve Corporation and related entities from investment funds managed by EagleTree Capital for cash consideration of $470M, subject to customary post-closing adjustments. The company provides customized solutions across diversified end markets such as alternative energy, food processing, medical, packaging and transportation. Airtech serves clients globally, with operations in the United States, Europe and Asia.
SBUX

Hot Stocks

16:28 EDT Starbucks slips nearly 2% to $114 per share after Q2 results
AMGN

Hot Stocks

16:28 EDT Amgen sees FY21 CapEx $900M
AMGN

Hot Stocks

16:27 EDT Amgen sees FY21 share repurchases $3B-$5B, up from prior view $3B-$4B - Sees FY21 tax rate 13.5%-14.5%. Previously, the company expected a tax rate in the range of 13.0%-14.0%.
NGVT

Hot Stocks

16:26 EDT Ingevity announces strategic partnership with RNG platform GreenGasUSA - Ingevity announced a strategic partnership with and investment in GreenGasUSA Holdings, LLC, an integrated renewable natural gas solutions provider helping customers reduce their environmental impact. Charleston, South Carolina-based GreenGas contracts with agricultural farms, landfills and industrial and municipal wastewater treatment facilities to collect and treat biogas from the organic waste of their operations that it then sells as pipeline-quality, low-carbon RNG. GreenGas also provides compression, transportation and delivery of natural gas directly to customers through its wholly owned pipeline injection point or as part of its virtual pipeline services. With this investment, Ingevity now holds a less than 50% ownership in GreenGas. Initially, Ingevity's funding will enable GreenGas to further develop biogas capture and cleanup systems at facilities where harmful methane-producing organic waste can be converted to RNG instead of being flared off or escaping into the atmosphere. GreenGas founder Marc Fetten will continue as GreenGas CEO, overseeing growth strategy and business development efforts. Ingevity said it will now play an active role in exploring and accelerating the application of its activated carbon-based, low-pressure adsorbed natural gas technology for the storage and transport of natural gas as part of the GreenGas model. The collaboration will also be integral in facilitating RNG use within Ingevity's ANG vehicle platform by offering fleet customers broader access to the benefits of RNG as a transportation fuel, which Natural Gas Vehicles of America notes reduces greenhouse gas emissions by up to 125%. Looking to the future, Ingevity is uniquely positioned to leverage its expertise as an operating and technology partner for GreenGas, while the investment also helps Ingevity gain a foothold in the rapidly expanding RNG industry.
ICFI

Hot Stocks

16:26 EDT ICF International awarded two global consulting contracts by FTA - The Federal Transit Administration, or FTA, has awarded global consulting and digital services provider ICF two new call orders to automate and modernize the National Transit Database, or NTD. The orders, which were issued under the U.S. Department of Transportation Software Engineering Support blanket purchase agreement awarded to ICF in March 2020, have a combined value of $13M. Each has a term of five years, including a base year and four one-year options. ICF will deploy Appian's low-code/no-code platform to harness the power of artificial intelligence and machine learning.
AMGN

Hot Stocks

16:25 EDT Amgen reports Q1 total product sales down 5% - Total product sales decreased 5% for the first quarter of 2021 versus the first quarter of 2020. Unit volumes grew 4% while net selling price declined 7%. Year-over-year growth was negatively impacted by 2% due to a benefit in Q1 2020 from ~$150M of changes to estimated sales deductions that did not recur to the same magnitude in Q1 2021. In addition, in Q1 2021, Enbrel, Otezla and Aimovig followed the historic pattern of lower Q1 sales relative to the remainder of the year due to the impact of benefit plan changes, insurance reverifications and increased co-pay expenses as U.S. patients work through deductibles.
AIRC

Hot Stocks

16:25 EDT Apartment Income REIT CIO Wagner resigns - Apartment Income REIT Corp. announced that Conor Wagner has resigned as Senior Vice President and Chief Investment Officer of AIR for an opportunity in Southern California. Wagner will remain with AIR through May 14 to provide for a smooth transition. Terry Considine, AIR's CEO remarked, "I am delighted for Conor and his family. His new assignment is a 'dream job' and allows his family to return home. I want to express my gratitude to Conor for his many contributions over the past three years. He possesses great insight and integrity. He was the architect for our simplified business model, and therefore for its unlocking of $1 billion in shareholder value. He leaves as a much-valued friend. He will be missed."
AMGN

Hot Stocks

16:24 EDT Amgen CEO 'remains confident' in FY21 outlook - "While our business continued to be impacted by the COVID-19 pandemic particularly in the first two months of the quarter, we are encouraged by strong volume trends in many of our newer products and remain confident in the outlook for the full year," said Robert Bradway, chairman and CEO. "We also continue to advance key pipeline opportunities, including three late-stage assets that have earned Breakthrough Therapy Designation from the U.S. Food and Drug Administration."
ACCO

Hot Stocks

16:23 EDT Acco Brands 'confident' in ability to generate at least $135M of FCF for FY - For the full year, the company is confident in its ability to generate at least $135M of free cash flow.
PRVB

Hot Stocks

16:23 EDT Provention Bio provides regulatory update on BLA for teplizumab - Provention Bio announced the company took part in an informal meeting with the U.S. FDA on April 23 in connection with the FDA's ongoing review of the teplizumab Biologic License Application for the delay or prevention of clinical type 1 diabetes. The purpose of this meeting was to discuss the FDA's considerations, thus far, regarding comparability between the Company's proposed commercial product and drug product used historically in clinical trials originating from drug substance manufactured by Eli Lilly over a decade ago. The FDA reported at the meeting that it had concluded that the pharmacokinetic (PK) profiles of the two drug products evaluated in the Company's single, low-dose pharmacokinetic/pharmacodynamic bridging study conducted in healthy volunteers are not comparable, since the intended commercial product did not meet the pre-specified 80-125% PK area under the curve comparability target range. The FDA also stated that it cannot be certain if this observation is not clinically relevant, given that the relationship between transient lymphocyte reduction, a PD marker, which was comparable in the PK/PD bridging study, and clinical efficacy, has yet to be fully validated. The FDA emphasized its understanding of the high unmet need associated with delaying the onset of clinical-stage T1D and reiterated their willingness to work with the Company to find a solution and path forward for the comparability issue. Nevertheless, the Company is reiterating previous guidance that the FDA's PK comparability considerations are likely to result in a delay in potential BLA approval timelines and that the specifics of such delay will depend upon the outcome of ongoing discussions with the FDA to find a solution, including potentially providing FDA reviewers with PK/PD data from the Company's on-going Phase 3 PROTECT study in newly diagnosed patients. The FDA also informed the Company that it plans to mention its PK comparability review in the clinical pharmacology summary of its briefing materials for the Advisory Committee meeting on May 27th, along with a statement that the FDA is actively working with the Company to resolve the issue and that the focus of the Advisory Committee meeting is efficacy and safety of teplizumab. It is the Company's understanding that since the FDA's PK comparability considerations do not bear on the benefit-risk assessment of the TN-10 study clinical data package, no comparability related questions or discussion topics are planned for the meeting. The FDA also recommended that both the FDA and the Company update their Advisory Committee briefing materials to reflect the removal of the term "prevention" from the previously proposed indication, as the remaining term "delay" more accurately reflects the results of the TN-10 trial. "We would like to thank the FDA for meeting with us to explain its PK comparability considerations, thus far, and especially for its willingness to work with us to find a path forward," stated Ashleigh Palmer, CEO and Co-Founder, Provention Bio. "We are also fully aligned with the FDA's recommendation to remove the term 'prevention' from the wording of teplizumab's initial indication and instead focus exclusively on delaying the progression of disease. We believe this will help to reinforce the fact that, while pre-symptomatic, T1D patients with two autoantibodies and dysglycemia already have the disease and may benefit from therapeutic options targeting the preservation of functional beta cell mass. We remain enthusiastic about the clinical efficacy and safety data submitted in connection with the BLA in support of teplizumab's potential to address the high unmet needs of pre-symptomatic T1D patients. Finally, we are looking forward to participating alongside the patient community, treating physicians, and additional members of the T1D community in the upcoming FDA Advisory Committee Meeting, the importance of which could not be more clear at this juncture."
BIVI

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16:21 EDT BioVie acquires NeurMedix, announces Cuong Do as CEO - BioVie announced the acquisition of the biopharmaceutical assets of NeurMedix, a San Diego based privately held clinical-stage pharmaceutical company focused on novel therapeutic assets for the treatment of neurodegenerative and neurological disorders, as well as certain cancers. Under the terms of the agreement, BioVie will pay to NeurMedix consideration consisting of 8,361,308 newly issued BioVie shares and approximately $3M cash at closing, an additional $7.3M cash payment after all contemplated clinical programs have been funded and a pivotal Phase 3 clinical trial for NuerMedix' lead drug candidate, NE3107, has met its primary endpoints, and additional shares over time as various significant clinical, regulatory, and commercial milestones are met. The transaction is expected to close in June. NeurMedix's lead clinical drug candidate, NE3107, 17a-ethynyl-androst-5-ene-3b,7b,17b-triol, is a small molecule, orally administered, highly effective inhibitor of insulin resistance and the pathological inflammatory cascade and with a novel mechanism of action. There is emerging scientific consensus that both inflammation and insulin resistance play fundamental roles in the development of Alzheimer's and Parkinson's Disease. NE3107 uniquely inhibits neuroinflammation and insulin resistance in the brain, which is different from insulin resistance in the periphery. Consequently, NE3107 could represent an entirely new medical approach to treating these devastating conditions affecting an estimated 6M Americans suffering from Alzheimer's and 1M from Parkinson's. This molecule has demonstrated a wide safety margin, absence of immunosuppression and the ability to cross the blood-brain barrier in pre-clinical and Phase 2 clinical trials. In February, NeurMedix announced authorization by the U.S. FDA to initiate its pivotal Phase 3, randomized, double-blind, placebo-controlled, parallel group, multicenter study of NE3107 in subjects who have mild to moderate Alzheimer's Disease. This trial will include 316 adult patients with expected initiation mid-2021 and expected primary completion in 2H 2022. In addition to Alzheimer's Disease, BioVie will endeavor to advance NE3107 in a range of other diseases where insulin resistance and inflammation is implicated, including Parkinson's, multiple myeloma and prostate cancer in the coming year. Concurrent with the assets acquisition, BioVie announced the appointment of Cuong Do as president and CEO, effective immediately. Do is a veteran biotech and pharmaceutical entrepreneur, having previously founded Callidus Biopharma, Lysodel Therapeutics and M6P Therapeutics. Under the terms of the agreement, BioVie has agreed to pay the following consideration to the shareholders of NeurMedix: 8,361,308 newly issued BioVie shares, approximately $3M in cash, an additional $7.3M cash payment payable after all contemplated clinical programs have been funded and a pivotal Phase clinical trial for NeurMedix's Alzheimer's drug candidate has met its primary endpoint. Contingent payments in additional BioVie shares upon achievement of significant milestones include: $350M upon hitting endpoints in pivotal trials, $700M upon FDA acceptance of NDA filing, $1.2B upon FDA approval of NDA and $750M upon achieving $1B trailing 12-month net sales.
MET

Hot Stocks

16:20 EDT MetLife raises quarterly dividend by 4.3% to 48c per share - The dividend will be payable on June 14, 2021, to shareholders of record as of May 11, 2021.
ENDP

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16:18 EDT Endo names Mark Barberio Chairman of Board of Directors - Endo International announced that Mark Barberio, who currently serves as an independent member of Endo's Board of Directors, has been appointed Chairman of the Board effective at the company's 2021 Annual General Meeting. Mr. Barberio's appointment is part of Endo's ongoing Board succession process, which has also included adding two new Board members since the company's 2020 Annual General Meeting. In addition, Paul Campanelli, who has served as Chairman of the Board since 2019 and who served as President and CEO from 2016 to 2020, will retire from the Board upon the expiration of his current term at the company's 2021 Annual General Meeting. Finally, Roger Kimmel, who has been Senior Independent Director since 2019 and who served as Chairman of the Board from 2014 to 2019, will also retire from the Board upon the expiration of his current term.
JNPR

Hot Stocks

16:18 EDT Juniper sees sufficient semi supply to meet full-year forecast - Juniper said, "We have invested to strengthen our supply chain and have increased inventory levels over the course of the last year. We continue to work closely with our suppliers to further enhance our resiliency and mitigate recent disruptions outside of our control. Despite these actions, we believe extended lead times will likely persist for the next few quarters. While the situation is dynamic, at this point in time, we believe we will have access to sufficient semiconductor supply to meet our full-year financial forecast."
FTI

Hot Stocks

16:17 EDT TechnipFMC backs FY21 Subsea revenue view $5B-$5.4B - Backs FY21 Surface Tech revenue view $1.05B-$1.25B. Backs FY21 CapEx view roughly $250M.
PPD

Hot Stocks

16:16 EDT PPD not providing guidance - The company states: "Due to the proposed merger with Thermo Fisher previously announced on April 15, 2021, which is subject to regulatory approvals in addition to the satisfaction of customary closing conditions, PPD will no longer be providing financial guidance."
PINS

Hot Stocks

16:14 EDT Pinterest reports Q1 global MAUs 478M, up 30% - Reports Q1 global ARPU $1.04, up 34%.
NCR

Hot Stocks

16:12 EDT NCR Corp. expects Covid-19 pandemic to negatively impact business - The company said: "While it is difficult to project how disruptive and protracted the pandemic will be, we do expect it will negatively impact our business. We expect all of our segment results to be negatively impacted by the COVID-19 pandemic. We expect our hardware revenues to be most impacted while our recurring revenue streams are expected to be more resilient."
NCR

Hot Stocks

16:11 EDT NCR Corp.: Q1 results represent a 'great start to the year' - "Our first quarter results represent a great start to the year with increased momentum in our shift to NCR-as-a-Service," said Michael Hayford, President and CEO. "Our performance included strong recurring revenue growth, margin expansion and cash flow generation. We are benefiting from the successful execution of our strategy and are a stronger company than we were a year ago. We are confident our strategy will drive accelerated profitable growth and deliver long-term value creation for stockholders. Our financial position is strong, and our proposed transaction with Cardtronics remains on track for a mid-year 2021 close, subject to regulatory and Cardtroncs' shareholder approval."
V

Hot Stocks

16:11 EDT Visa not providing FY21 outlook - "Given the continuing impact of COVID-19 and the significant uncertainty in the global economy, it is difficult to reasonably estimate the Company's annual results; therefore we are not providing a fiscal full-year 2021 outlook at this time," the company said.
EIX

Hot Stocks

16:11 EDT Edison International to provide 2021 guidance after CPUC decision - Edison International will provide 2021 earnings guidance after a final decision has been adopted by the CPUC on the Southern California Edison 2021 GRC, consistent with the company's prior practice.
GOOGL

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16:10 EDT Alphabet Class A shares up 4% to $2,392.65 after Q1 earnings report
MSFT

Hot Stocks

16:10 EDT Microsoft CEO: Digital adoption curves aren't slowing down - "Over a year into the pandemic, digital adoption curves aren't slowing down. They're accelerating, and it's just the beginning," said Satya Nadella, chief executive officer of Microsoft. "We are building the cloud for the next decade, expanding our addressable market and innovating across every layer of the tech stack to help our customers be resilient and transform." "The Microsoft Cloud, with its end-to-end solutions, continues to provide compelling value to our customers generating $17.7 billion in commercial cloud revenue, up 33% year over year," said Amy Hood, executive vice president and chief financial officer of Microsoft.
HA

Hot Stocks

16:09 EDT Hawaiian Holdings sees Q2 total revenue down 45%-50% - Sees Q2 ASMs down 30%-33%; Operating Expenses, excluding non-recurring items down 20%-24%; Interest expense $30M; Adjusted EBITDAR ($70M)-($20M); effective tax rate ~21%; and Fuel Price per Gallon $1.75.
CHRW

Hot Stocks

16:09 EDT C.H. Robinson expect tight market conditions in NAST business - The company states: "Looking forward, we will stay the course with our strategy of pursuing market share gains that align with our profitability expectations and will continue to invest back into the business in order to drive innovation and improve service to our customers and carriers. Within our NAST business, we expect tight market conditions to continue through the balance of this year. Regardless of how cyclical market conditions change and evolve, we will stay focused on driving growth and expanding our business with customers across our global suite of modes and services. We're very pleased with the performance of our Global Forwarding business, where we have built sustainable competitive advantages due to structural changes that we've made over the last few years. Across the board, as one of the world's largest aggregators of a highly fragmented and diverse carrier base on multiple continents, we're committed to creating better outcomes for our customers and our carriers by delivering industry-leading technology that's built by and for supply chain experts."
MSFT

Hot Stocks

16:08 EDT Microsoft reports Q3 Commercial Cloud revenue $17.7B - Reports Productivity & Business Processes revenue $13.6B, Intelligent Cloud revenue $15.1B.
MSFT

Hot Stocks

16:07 EDT Microsoft reports Q3 operating income $17B, up 31%
YMAB

Hot Stocks

16:07 EDT Y-mAbs submits Omburtamab MAA to European Medicines Agency - Y-mAbs Therapeutics announced that the Company has submitted its Marketing Authorization Application to the European Medicines Agency for omburtamab for the treatment of pediatric patients with CNS/leptomeningeal metastasis from neuroblastoma. Omburtamab is an investigational, monoclonal antibody that targets B7-H3 and is radiolabeled before intraventricular central nervous system administration. B7-H3 is an immune checkpoint molecule that is widely expressed in tumor cells of several cancer types. "We believe omburtamab is on track to potentially become the first EMA approved targeted therapy for pediatric patients with CNS/leptomeningeal metastasis from neuroblastoma," said Thomas Gad, founder, Chairman and President at Y-mAbs. "With this submission to EMA, Y-mAbs is continuing to advance the omburtamab program to potentially provide access to this innovative therapy to pediatric patients globally as quickly as possible." In addition, Y-mAbs recently concluded a Type B meeting with the U.S. Food and Drug Administration regarding omburtamab and the Company continues to be in close dialog with the FDA and maintains its aim of resubmitting the Biologics License Application to the FDA late in the second quarter or in the third quarter of 2021. Dr. Claus Moller, the Company's Chief Executive Officer, continued, "We are excited to submit the MAA for omburtamab, and very pleased about the progress we are making. We believe omburtamab can potentially address a significant unmet medical need for children with CNS/leptomeningeal metastasis from neuroblastoma. We also are continuing to work closely with the FDA to resubmit the omburtamab BLA."
GOOGL GOOG

Hot Stocks

16:06 EDT Alphabet CFO says 'very pleased' with ongoing momentum in Google Cloud - Ruth Porat, CFO of Google and Alphabet, said: "Total revenues of $55.3 billion in the first quarter reflect elevated consumer activity online and broad based growth in advertiser revenue. We're very pleased with the ongoing momentum in Google Cloud, with revenues of $4.0 billion in the quarter reflecting strength and opportunity in both GCP and Workspace."
BE

Hot Stocks

16:06 EDT Bloom Energy deploys first fuel cells powered solely by hydrogen - Bloom Energ announced that, in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group, it has successfully deployed 100 kilowatts of solid-oxide fuel cells powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity.
GOOGL GOOG

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16:05 EDT Alphabet reports Q1 Traffic Acquisition Costs $9.71B vs. $7.45B a year ago
GOOGL GOOG

Hot Stocks

16:05 EDT Alphabet reports Q1 Google Cloud revenue $4.05B vs. $2.78B a year ago
GOOGL GOOG

Hot Stocks

16:05 EDT Alphabet reports Q1 Google advertising revenue $44.68B vs. $33.76B a year ago - Reports Q1 YouTube ads revenue $6.0B vs. $4.0B in same quarter of prior year.
CUB

Hot Stocks

16:04 EDT Cubic receives shareholder approve of Veritas merger pact - Cubic Corporation announced that, at a special meeting of shareholders held on April 27, 2021, the shareholders of the company approved a proposal to adopt the merger agreement entered into between the Company and an affiliate of Veritas Capital, under which Veritas and Evergreen Coast Capital Corporation, an affiliate of Elliott Investment Management L.P., will acquire the company for $75.00 per share in cash. Approximately 70.3% of the shares of the company's common stock issued and outstanding as of the close of business on March 18, 2021, the record date for the Special Meeting, voted to adopt the Merger Agreement. The proposed transaction remains subject to the receipt of certain regulatory approvals and the satisfaction of other closing conditions. The Company currently anticipates that the proposed transaction will be completed during the second calendar quarter of 2021.
CETX...

Hot Stocks

16:03 EDT Cemtrex showcases collaboration with Dropbox - Cemtrex is showcasing a project to "create a dynamic landing page for Dropbox (DBX) and The Infatuation's exclusive collaboration, The Lunch Dropbox." "With just one month to develop and launch the website, the C-Labs team dove into design and UI/UX simultaneously to ensure timely development... C-Labs delivered a fully responsive website complete with a horizontal parallax scroll, a sweepstakes entry form, and an embedded Spotify (SPOT) playlist," the company explains in a post on its website.Reference Link
CYBE

Hot Stocks

16:01 EDT Cyberoptics receives $2.4M Mini LED inspection/metrology order - CyberOptics announced that it has received a new order valued at approximately $2.4M for its SQ3000(TM) Multi-Function systems for mini LED inspection and metrology. The systems are expected to ship periodically through-out 2021, starting in the second quarter ending June 30.
CYBE

Hot Stocks

16:00 EDT CyberOptics receives $2.4M order for mini LED inspection and metrology - CyberOptics announced that it has received a new order valued at approximately $2.4M for its SQ3000 Multi-Function systems for mini LED inspection and metrology. The systems are expected to ship periodically through-out 2021, starting in the second quarter ending June 30.
SFBS

Hot Stocks

15:46 EDT ServisFirst CFO Foshee sells 3,000 shares of company stock - ServisFirst CFO William Foshee disclosed n a filing that he had sold 3,000 shares of company stock at $63.81 per share on April 27, for a total transaction amount of $191,430.
KO

Hot Stocks

15:08 EDT Coca-Cola CEO sells 110,000 common shares - In a regulatory filing, Coca-Cola chairman and CEO James Quincey disclosed the sale of 110,000 common shares of the company on April 23 at a price of $54.4824 per share.
NSC

Hot Stocks

15:01 EDT Norfolk Southern declares 99c per share dividend, accelerates payment date - Norfolk Southern announced a regular quarterly dividend of 99c per share on its common stock. The dividend is payable May 20 to shareholders of record on May 7. "Norfolk Southern is reducing the days between shareholder of record date and payable date beginning this quarter, effectively accelerating payments to shareholders," the company stated.
SCCO

Hot Stocks

14:57 EDT Southern Copper expects Peru to acknowledge 'significant progress' at Tia Maria - Southern Copper said, "On January 7, 2021, the mayor of the Islay province (Arequipa, Peru) awarded a City Diploma to SPCC in recognition of the Company's efforts to assist the population of Islay during the COVID-19 pandemic. SPCC provided medical assistance, tests, oxygen, personal protection equipment and food stuffs to the population in the area of influence of the Tia Maria project. We reiterate our view that the initiation of construction activities at Tia Maria will generate significant economic opportunities for the Islay province and the Arequipa region. Given the current Peruvian economic situation, it is crucial to move ahead on projects that will stimulate a sustainable growth cycle. During the construction and operation phase, we will make it a priority to hire local labor to fill the 9,000 jobs (3,600 direct and 5,400 indirect) that we expect to generate during Tia Maria's construction phase. When operating, we expect Tia Maria to directly employ 600 workers and indirectly provide jobs for another 4,200. Additionally, from day one of our operations, we will generate significant contributions to revenues in the Arequipa region via royalties and taxes. We expect the Peruvian government to acknowledge the significant progress the project has made on the social front and the important contributions that Tia Maria will generate for Peru's economy and, consequently, take the necessary steps to provide SCC with adequate support to initiate construction."
SCCO

Hot Stocks

14:54 EDT Southern Copper calls Mexico vaccine efforts 'very positive development' - The company said, "We believe that the vaccination efforts, which have been carried out by the state of Sonora (Mexico), represent a very positive development. Through this endeavor, 100% of the medical personnel at our operations have been vaccinated. Similarly, 98% of the workers over the age of 60 in Cananea, and 100% of those in Nacozari, have also received a vaccine. This significant advance gives our personnel needed protection against the COVID-19 virus; provides peace of mind to both workers and their families; and allows the Company to begin normalizing operating levels at our installations. Our Company is contributing to this effort by providing logistical support during the vaccination roll-out."
STT

Hot Stocks

14:31 EDT State Street names Aman Thind global chief architect - State Street announced that it has appointed Aman Thind to executive vice president and global chief architect. In this role Thind will report to Brian Franz, global chief information officer. "With experience on both the trading floor and in technology strategy, Aman brings a unique perspective to our technology roadmap across multiple dimensions," said Franz. "Technology will continue to be a key enabler of our clients' growth objectives and we are confident that Aman's expertise will enhance the delivery of solutions, help them accelerate time to market and build stability, resiliency and scalability into their operations."
STT

Hot Stocks

14:31 EDT State Street names Aman Thind global chief architect - State Street announced that it has appointed Aman Thind to executive vice president and global chief architect. In this role Thind will report to Brian Franz, global chief information officer. "With experience on both the trading floor and in technology strategy, Aman brings a unique perspective to our technology roadmap across multiple dimensions," said Franz. "Technology will continue to be a key enabler of our clients' growth objectives and we are confident that Aman's expertise will enhance the delivery of solutions, help them accelerate time to market and build stability, resiliency and scalability into their operations."
SPR

Hot Stocks

14:20 EDT Spirit AeroSystems announces joint venture agreement with Evergreen Aviation - Spirit AeroSystems announced a planned expansion of its aftermarket presence in the Asia-Pacific region by signing a joint venture agreement with Evergreen Aviation Technologies Corporation, or "EGAT." "The new agreement is expected to complement Spirit's recent acquisition of Applied Aerodynamics and last year's acquisition of select Bombardier assets, and further strengthen its global maintenance, repair and overhaul capabilities. Under the joint venture agreement, Spirit and EGAT will form a new company, Spirit Evergreen Aftermarket Solutions, and will transfer repair capabilities to SEAS, increasing manufacturing expertise and services to meet growing fleet demands in the region," Spirit AeroSystems stated. "While the joint venture agreement has been signed, forming the joint venture is subject to the satisfaction of certain conditions precedent including foreign investment approval," the company added.
GE

Hot Stocks

14:17 EDT General Electric reports 400 LEAP-1B unit order cancellations recorded in Q1 - In a regulatory filing, GE disclosed that Aviation segment orders were down $2.0B, or 26%, segment revenues were down $1.9B, or 28%, and segment profit was down $0.4B, or 36%, for the three months ended March 31, 2021. "Backlog as of March 31, 2021 decreased $1.0B from December 31, 2020, primarily due to approximately 400 LEAP-1B unit order cancellations. Backlog decreased $13.9B - 5% - from March 31, 2020, primarily due to a reduction in our Commercial Services backlog and cancellations of commercial equipment orders, which included approximately 1,900 LEAP-1B unit order cancellations," the company's 10-Q filing stated.
SPR BDRBF

Hot Stocks

13:58 EDT Spirit AeroSystems acquires assets of Applied Aerodynamics - Spirit AeroSystems (SPR) announced the acquisition of the assets of Applied Aerodynamics, a composite maintenance, repair and overhaul company based in Farmer Branch, Texas, which complements the company's acquisition of select Bombardier (BDRBF) assets. "Spirit AeroSystems is investing heavily in MRO capabilities to improve the customer experience as part of its strategic transformation to be a more balanced, global company and Applied Aerodynamics is an obvious fit to help us achieve this goal," said Jim Lickteig, senior director of Aftermarket Solutions at Spirit AeroSystems. "With this acquisition, we're prepared to help customers where they need us the most as they rise out of this pandemic. By providing customized, high-quality MRO solutions, we can help operators control their costs and improve efficiencies and speed because of the added capacity." Spirit will be expanding the capabilities of Applied Aerodynamics to its other MRO locations, including Wichita, Kan., Western Europe, North Africa, and East Asia, over the next year as part of its ongoing commitment to helping customers increase their competitiveness in the market.
CTEK

Hot Stocks

13:02 EDT CynergisTek announces expansion renewal of $1.4M managed services agreement - CynergisTek announced a $600,000 managed services renewal agreement with a long-term client along with over $800,000 in new services to add coverage for its new affiliate hospitals to conduct on-going security risk assessments and related services.
FFIN

Hot Stocks

12:48 EDT First Financial raises quarterly dividend 15.4% to 15c per share - First Financial Bankshares' board of directors declared a 15c per share cash dividend for the second quarter, which represents a 15.4% increase and will be paid to shareholders of record on June 16, 2021, with payment set for July 1, 2021. "Due to our strong capital position and historical increases in earnings, we are pleased to announce the increase in our quarterly cash dividend for our shareholders," said F. Scott Dueser, Chairman, President and CEO. "We are also grateful to our shareholders for the re-election of our directors and the passage of the three proposals."
SIVB BPFH

Hot Stocks

12:44 EDT SVB Financial confirms purchase price for Boston Private is 'best and final' - On April 27, 2021 Boston Private Financial Holdings (BPFH) adjourned its special meeting of shareholders until May 4, 2021 to solicit additional votes in support of the merger between Boston Private and SVB Financial Group (SIVB). To provide clarity to Boston Private shareholders, SVB is confirming it will not increase the purchase price if Boston Private shareholders do not approve the transaction at the adjourned meeting.
DKNG

Hot Stocks

12:33 EDT DraftKings strikes distribution and content relationship with Meadowlark Media - DraftKings completed a content distribution, monetization and sponsorship agreement with Meadowlark Media. As part of the deal, Meadowlark Media and DraftKings will distribute The Dan Le Batard Show with Stugotz and the Le Batard & Friends Network across a wide range of audio, TV, digital and social channels, the company said. Additionally, the network of shows will prominently feature DraftKings' odds, betting trends and general sportsbook and daily fantasy information, it added. "We're thrilled to find a collaborator in DraftKings that shares our vision to grow Dan Le Batard's already wildly popular network of shows in non-conventional ways," said Meadowlark CEO John Skipper. "With the freedom to widely distribute these programs, we'll be able to reach the largest possible audience and provide incredible content to DraftKings."
YVR

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12:29 EDT Liquid Media announces Andy Wilson replaces Daniel Cruz as CFO - Liquid Media Group announces that Andy Wilson has joined Liquid as the chief financial officer of the company. Wilson will replace the company's prior CFO, Daniel Cruz. "Cruz will remain involved with the company both in his capacity as a director, as well as in a Senior Advisor role," Liquid Media said.
KFRC

Hot Stocks

12:06 EDT Kforce announces agreement to sell corporate headquarters facility - Kforce announced that it entered into an agreement to sell its corporate headquarters and, upon closing, lease it back for 18 months as it looks for available space in the Tampa Bay area for its "future state-of-the-art corporate headquarters." The sale is anticipated to close in mid-May 2021. Joseph Liberatore, President, said, "The pandemic has permanently changed the way we work and has showcased our ability to thrive remotely. We believe our future lies in a technology-enabled, fully integrated hybrid work environment. This decision is not only based on our review of business data and trends, but also on feedback from multiple employee surveys where they have indicated a strong desire for less time in the office and a greater amount of flexibility. We could not be prouder of how our people have adapted and performed during this pandemic, while working 100% remotely."
F

Hot Stocks

12:05 EDT Ford announces Ford Ion Park global battery center of excellence - Ford today announces a new global battery center of excellence - called Ford Ion Park - to accelerate research and development of battery and battery cell technology - including future battery manufacturing. The company is building on nearly two decades of battery expertise by centralizing a cross-functional team of 150 experts in battery technology development, research, manufacturing, planning, purchasing, quality and finance to help Ford more quickly develop and manufacture battery cells and batteries. The Ford Ion Park team also is exploring better integration and innovation opportunities across all aspects of the value chain - from mines to recycling - working with all teams within Ford, including experts at Ford's new Battery Benchmarking and Test Laboratory, Ford Customer Service Division, plus key suppliers and partners. The Ford Ion Park team already is underway. In addition, a $185 million collaborative learning lab in Southeast Michigan that is dedicated to developing, testing and building vehicle battery cells and cell arrays opens late next year. This world-class 200,000 sq.-ft. learning lab will include pilot-scale equipment for electrode, cell and array design and manufacturing and will use state-of-the-art technology to pilot new manufacturing techniques that will allow Ford to quickly scale breakthrough battery cell designs with novel materials once the company vertically integrates battery cells and batteries. Anand Sankaran will lead the Ford Ion Park team as its new director. A 30-year veteran of Ford, Sankaran brings to the new position decades of battery and electrification expertise - including his current role as the company's director of Electrified Systems Engineering, as a 1999 Henry Ford Technology Award winner for his electrification work at the Ford Research Lab and a product development leader who applied his research and technical innovations on key production vehicles, including the award-winning original Escape Hybrid, 2021 Mustang Mach-E and 2022 F-150 Hybrid.
BECN

Hot Stocks

12:03 EDT Beacon Roofing appoints Sean McDevitt as EVP, CHRO - Beacon announced the appointment of Sean McDevitt as Executive Vice President and Chief Human Resources Officer. Mr. McDevitt will join Beacon May 3, 2021, assume his new responsibilities immediately, and work closely with current CHRO Christopher Harrison, who will support the transition up through his previously announced departure later this quarter. Prior to joining Beacon, Mr. McDevitt had served as Executive Vice President and CHRO at Apple Leisure Group, a $4.5B global integrated travel company.
TNET

Hot Stocks

12:02 EDT TriNet falls -7.3% - TriNet is down -7.3%, or -$6.15 to $78.15.
SQNS

Hot Stocks

12:01 EDT Sequans falls -8.1% - Sequans is down -8.1%, or -51c to $5.82.
PQG

Hot Stocks

12:01 EDT PQ Group falls -13.5% - PQ Group is down -13.5%, or -$2.26 to $14.44.
CAAP

Hot Stocks

12:01 EDT Corporacion America Airport rises 12.9% - Corporacion America Airport is up 12.9%, or 67c to $5.87.
AAN

Hot Stocks

12:00 EDT Aaron's rises 20.4% - Aaron's is up 20.4%, or $5.38 to $31.82.
TBI

Hot Stocks

12:00 EDT TrueBlue rises 22.7% - TrueBlue is up 22.7%, or $5.24 to $28.30.
SRNE

Hot Stocks

11:42 EDT Sorrento Therapeutics gets FDA clearance to proceed with Phase 2 Sti-3031 study - Sorrento Therapeutics and its development partners have advanced into clinical development a number of fully human monoclonal antibodies or the treatment of COVID-19 and various cancers. Two independent anti-PD-L1 mAbs are now in Phase 2 and Phase 3 clinical studies. A PD-L1 mAb was licensed to ImmuneOncia Therapeutics, a joint venture between Sorrento and Seoul-based Yuhan Corporation. IMC-001 has completed a Phase 1b study in patients with metastatic or locally-advanced solid tumors and is nearing completion of a Phase 2, open-label, "Neo-Chance" study in patients with resectable gastric cancer, esophageal cancer and liver cancer. ImmuneOncia has also started to enroll patients in a Phase 2 study in relapsed or refractory extranodal NK/T cell lymphoma, nasal type. Sorrento has filed an IND in the U.S. and received clearance from the FDA to proceed with a Phase 2a study for STI-3031 for advanced urothelial carcinoma. A second antibody, Socazolimab, is licensed to Lee's Pharmaceutical Holdings Limited in the Greater China territory, and has been cleared to begin a multicenter Phase 3 trial as a potential first-line treatment for patients with extensive-stage small-cell lung cancer. Professor Shun Lu is the Principal Investigator. Additionally, Phase 1b studies in several other indications have been completed for this product candidate, including: recurrent metastatic cervical cancer, advanced urothelial carcinoma, and high-grade osteosarcoma after adjuvant chemotherapy for maintenance. In addition, a Phase 1b/2 study has been initiated as a potential neoadjuvant treatment option for esophageal carcinoma. For cervical cancer, a pivotal study has been completed with a breakthrough therapy designation granted by the National Medical Products Administration in China. Sorrento intends to open an IND in the U.S. with the intent to have an end-of-phase 3 meeting or pre-NDA discussion with the FDA for various cancer indications.
SPOT

Hot Stocks

11:19 EDT Spotify announces launch of paid subscription platform for podcasters - In a post to its site earlier, Spotify stated: "More and more creators are bringing their podcasts and shows to Spotify. With 345 million monthly listeners on Spotify, there's a massive opportunity for all of these creators to monetize their work-and we believe there needs to be a variety of options for them to choose from to do so... Today begins the rollout of our monetization options for all creators: with Paid Subscriptions, Spotify's Open Access Platform, and bringing independent creators into our Spotify Audience Network. Today, we're rolling out a paid subscription platform for podcasters that gives them maximized revenue, wide reach, and discoverability. The program begins rolling out in the U.S. today and will expand internationally in the coming months. This feature will be available to creators through Anchor, allowing podcasters to mark episodes as subscriber-only and publish them to Spotify and other podcast-listening platforms. For the next two years, this program will come at no cost to the creator, meaning that participating creators receive 100% of their subscriber revenues - excluding payment transaction fees. Starting in 2023, we plan to introduce a competitive 5% fee for access to this tool. By enabling wide distribution of subscriber-only content, our aim is to help podcasters maximize their subscription audiences and grow them from their existing listener bases. Within Spotify, this content will be searchable and discoverable like any other podcast episode." Reference Link
T

Hot Stocks

11:11 EDT Turner Sports, NHL announce seven-year multimedia rights agreement - Earlier, Turner Sports, a division of WarnerMedia, and the National Hockey League announced they have reached a "multi-faceted," seven-year agreement set to begin with the 2021-22 season. "This historic multimedia rights agreement will bring the Stanley Cup Final and Stanley Cup Playoffs to TNT and TBS for the first time, along with providing Turner Sports rights to up to 72 regular season games and the NHL Winter Classic each season. The multi-year agreement is highlighted by TNT crowning a champion through its exclusive live coverage of the Stanley Cup Final in three of the seven years; half of the Stanley Cup Playoffs each year; and rights to up to 72 exclusive national regular season games each season. Additionally, TNT will exclusively present the NHL Winter Classic each year, among other live events. Live game and studio coverage details, along with programming plans, will be announced in the months ahead," Turner Sports stated. Reference Link
JBLU

Hot Stocks

10:46 EDT JetBlue sees U.K. opening for travel 'in some form' for summer
PII

Hot Stocks

10:43 EDT Polaris sees Q2-Q4 'very similar' to Q1 in terms of revenue, profitability - Comments taken from Q1 earnings conference call.
DMTK CI

Hot Stocks

10:24 EDT DermTech jumps 18% after Craig-Hallum says Cigna now covering test - Shares of DermTech are up 18% to $48.49 after Craig-Hallum said that Cigna has become the first insurer to cover the company's Pigmented Lesion Assay genetic test.
JBLU

Hot Stocks

10:20 EDT JetBlue 'pleased' with demand returning so quickly
JBLU

Hot Stocks

10:18 EDT JetBlue expects only 10 aircraft from fleet to remain in storage through summer
JBLU

Hot Stocks

10:17 EDT JetBlue sees achieving better than 2019 CASM ex-fuel in 2022
JBLU

Hot Stocks

10:17 EDT JetBlue sees being breakeven on an EBITDA basis in Q3 - Expects to remain in positive territory through end of year.
JBLU

Hot Stocks

10:17 EDT JetBlue sees Q2 EBITDA ($200M)-($100M), reflecting acceleration of demand
JBLU

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10:16 EDT JetBlue sees Q2 capacity down about 15% -
JBLU

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10:15 EDT JetBlue sees unit revenue improving meaningfully in Q2
JBLU

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10:12 EDT JetBlue to announce inaugural London flight 'soon'
CP...

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10:09 EDT Canadian Pacific sends letter to Surface Transportation Board - Canadian Pacific Railway Limited (CP) filed a letter with the Surface Transportation Board. The letter says in part: "I am writing on behalf of the Canadian Pacific Applicants in Finance Docket No. 36500,1 in response to the letter submitted by Canadian National (CNI) on April 26 in the above-referenced dockets. In that submission, CN asks the Board to subject the voting trust arrangement proposed by Canadian Pacific for its acquisition of Kansas City Southern (KSU) to the same review process and standards that govern CN's proposed voting trust. CN's position is both contrary to law and fundamentally at odds with the very different factual contexts of the two voting trust proposals. Accordingly, we respectfully submit that the Board should proceed to review each of the pending voting trust proposals under the different regulatory review processes and standards applicable to each of them. CN's proposal, by its own admission, is subject to the 2001 rules and their requirement that the Board conduct the "public interest" review mandated by new Section 1180.4(b)(4), which goes beyond consideration of whether the trust will insulate KCS from premature control.2 The Board should proceed to establish a process for consideration of CN's proposal, in which CP intends to participate. Though CP will in due course demonstrate why approval of CN's proposal to acquire the shares of KCS prior to obtaining control authorization is not in the public interest, CP wishes to expand briefly on why there is no merit to CN's suggestion that its trust proposal should be subject to the same review process as CP's proposal... CP requests that the Board proceed with each of the pending voting trust proposals under the different regulatory review processes and standards that apply to them. CP appreciates the Board's attention to this matter."
XOM

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10:08 EDT Pension funds support Engine No. 1's director candidates for Exxon Mobil board - Engine No. 1 issued the following statement in response to U.S. pension funds CalSTRS, CalPERS, and New York State Common supporting Engine No. 1's four director candidates. Engine No. 1 commented, "We are pleased CalSTRS, CalPERS and New York State Common, the three largest U.S. pension funds, recognize that addressing the issues at ExxonMobil and positioning the Company for success in a changing industry and world requires new directors with decades of experience in value-creating, transformative change in the energy sector. We are thankful for their support in helping to ensure ExxonMobil is best positioned to deliver sustainable value to shareholders for decades to come."
JBLU

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10:08 EDT JetBlue sees ongoing demand acceleration continuing into summer - Comments taken from Q1 earnings conference call.
SLGL

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10:05 EDT Sol-Gel Technologies says action on EPSOLAY NDA could not be taken - Sol-Gel Technologies announced an update regarding the U.S. Food and Drug Administration approval process for EPSOLAY 5% topical cream for the treatment of Inflammatory lesions of rosacea in adults. In September of 2020, Sol-Gel was informed by the FDA that the PDUFA goal date for EPSOLAY is April 26, 2021. Subsequently, the COVID-19 pandemic restricted the FDA's ability to conduct pre-approval inspections. In our most recent written communication with the FDA regarding EPSOLAY, the final content of the labeling was discussed and agreed to. As of today, Sol-Gel has received no notification from the FDA, but did receive email confirmation that that action on the NDA for EPSOLAY could not be taken since a pre-approval inspection of the production site of EPSOLAY still needs to be conducted. The Company continues to follow-up with the FDA on the scheduling of this inspection.
CPSI EQH

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10:02 EDT CPSI names Amaris McComas as new Chief People Officer - CPSI (CPSI) announced that Amaris McComas has been named the company's new Chief People Officer, effective May 3. In this new senior role for CPSI, McComas will have oversight of all of the company's organizational and leadership development, talent management, succession planning, compensation, and benefits for the approximately 2,000 CPSI employees, including an expanding remote workforce. McComas brings over 15 years of experience in human resources management to CPSI and most recently served as Head of Talent, Strategy and Transformation for Equitable (EQH).
AZN

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10:02 EDT AstraZeneca, Geneseeq collaborate to build bio-diagnostics center in Guangzhou - Geneseeq Technology and AstraZeneca announced their strategic collaboration to establish a Bio-Diagnostic Innovation Center in Guangzhou, China. The center is expected to initiate an integrative and patient-centric program where disease diagnosis, treatment, and rehabilitation coexist. The companies said center will combine Geneseeq's expertise in developing clinical diagnostics tools, with AstraZeneca's experience in oncology therapeutics development to produce innovative diagnostics platforms for cancer patients. The collaboration also outlines joint efforts to build a clinical diagnostics laboratory in Guangzhou International BIO-Island. Under its collaboration with AstraZeneca, Geneseeq will build its fourth core laboratory in South China, in addition to its laboratories in Nanjing, Shanghai and Beijing. The two companies hope to bring highly scalable and broadly applicable clinical diagnostic tools to cancer patients soon.
MDT

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10:01 EDT Medtronic receive breakthrough designation for Emprint ablation catheter kit - Medtronic announced it has received Breakthrough Device Designation status from the U.S. Food and Drug Administration for the Emprint ablation catheter kit - an investigational device not yet approved or cleared in the United States. The catheter is intended to be used in conjunction with the Emprint microwave generator and Medtronic lung navigation platform to provide a minimally invasive, localized treatment of malignant lesions in the lung, and it can be used together with standard of care therapy when indicated.
NGA

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10:00 EDT Northern Genesis Acquisition falls -5.8% - Northern Genesis Acquisition is down -5.8%, or -$1.08 to $17.46.
SKLZ

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10:00 EDT Skillz falls -7.4% - Skillz is down -7.4%, or -$1.57 to $19.59.
PQG

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10:00 EDT PQ Group falls -8.4% - PQ Group is down -8.4%, or -$1.41 to $15.29.
UPS

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10:00 EDT UPS rises 10.3% - UPS is up 10.3%, or $18.19 to $194.00.
AAN

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10:00 EDT Aaron's rises 15.7% - Aaron's is up 15.7%, or $4.16 to $30.59.
TBI

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10:00 EDT TrueBlue rises 20.7% - TrueBlue is up 20.7%, or $4.77 to $27.83.
LFMD

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09:58 EDT Millennium Management reports 4.8% passive stake in LifeMD - Israel Englander's Millennium Management disclosed last night a 4.8% stake in LifeMD, representing over 1.25M shares. The filing with the SEC is for a passive stake and does not allow for activism. LifeMD shares are down 15c to $9.40 in early trading.
NSPR

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09:50 EDT InspireMD trading resumes
SYF

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09:48 EDT Synchrony says delinquencies will result in lower net charge-offs in Q2 - Says seeing strong trends on purchase volume. Says credit continued to perform exceedingly well. Says deposits were down 3% from last year. Says provision for credit losses down 80%, and that the decrease is driven by reserve change and lower net charge-offs. Says delinquencies will result in lower net charge-offs in Q2. Says industry forbearance has abated. Says expects lower RSA's in second half of the year reflecting lower net charge-offs. Says on pace to achieve expense savings. Says 5M new accounts opened this quarter. Comments taken from Q1 earnings conference call.
XYF

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09:47 EDT X Financial falls -6.0% - X Financial is down -6.0%, or -24c to $3.78.
SQNS

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09:47 EDT Sequans falls -7.4% - Sequans is down -7.4%, or -47c to $5.86.
PQG

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09:47 EDT PQ Group falls -11.7% - PQ Group is down -11.7%, or -$1.96 to $14.74.
UPS

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09:47 EDT UPS rises 8.8% - UPS is up 8.8%, or $15.48 to $191.29.
TBI

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09:47 EDT TrueBlue rises 12.7% - TrueBlue is up 12.7%, or $2.93 to $25.99.
AAN

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09:47 EDT Aaron's rises 13.8% - Aaron's is up 13.8%, or $3.65 to $30.08.
NSPR

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09:45 EDT InspireMD trading halted, volatility trading pause
NEON

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09:43 EDT Neonode announces Original Equipment Manufacturer agreement with Merim - Neonode and Merim Groupe have signed an Original Equipment Manufacturer agreement for Merim Groupe to design, market and sell contactless kiosk products and solutions featuring Neonode Touch Sensor Modules, the company announced. "The quick service restaurant segment is a key segment in the interactive kiosk market and we look forward to growing our contactless touch business for QSRs with Merim Groupe," said Dr. Urban Forssell, CEO of Neonode.
BYD...

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09:34 EDT Nevada reports March statewide gaming win up 72.66% to $1.07B - Nevada reports March Las Vegas Strip gaming win up 67.21% to $501.46M versus last year's $299.89M. Publicly traded companies in the gambling space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
WTER

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09:32 EDT Alkaline Water enters contract packaging agreement with Creekside Springs - Alkaline Water announced that it has entered into a contract packaging agreement with Creekside Springs of Ambridge, Pennsylvania to produce Alkaline88 bottled water products for the region. "This move is important as our retail sales continue to increase. With the addition of major retailers and anticipated SKU expansion in up to 16,000 current retail locations, it is critical to stay ahead of consumer demand for Alkaline88(R)," stated Richard A. Wright, president and CEO of Alkaline Water. "Creekside Springs is a great operator. Their western Pennsylvania plant will service our growing Midwest and Northeastern customer-base, which includes Meijer's 240 recently added stores and the expansion of our one-gallon and one-liter bottles into thousands of CVS drugstores throughout the region. Creekside Springs will use some of our latest technological innovations, which should allow them to become a major producer for us. We project this plant is capable of producing up to $30 million of wholesale per year," concluded Wright.
AMZN

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09:31 EDT Amazon announces new Fire HD 10 tablets - Amazon announced the next generation of Fire HD 10 tablets. The Fire HD 10 and first Fire HD 10 Plus offer a brighter full HD display, updated design, and new features. Plus, with the Fire HD 10 Productivity Bundle, customers can get more done with a detachable keyboard case and a Microsoft 365 Personal subscription. Amazon also introduced an all-new Fire HD 10 Kids tablet for kids ages three to seven, and new Fire Kids Pro tablets built with six to 12 year-olds in mind. "Our best tablets just keep getting better. The new Fire HD 10 is brighter, thinner, and lighter, with an octa-core processor for fast and responsive performance, 50% more RAM, and all-day battery life-and is still only $149.99," said Kevin Keith, vice president, Amazon Devices. "Plus, we added new apps, features, and accessories, including a Productivity Bundle with the Fire HD 10, a Microsoft 365 Personal subscription, and a detachable keyboard case, to help you get more done."
AVAV

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09:29 EDT AeroVironment awarded $26M Switchblade contract by USSOCOM - AeroVironment announced it was awarded a cost-plus-fixed-fee contract on March 31 by the United States Special Operations Command, USSOCOM, for $26,120,810 with $7,159,036 funded upon receipt. The contract includes delivery and integration of Switchblade 600 tactical missile systems into specialized maritime platforms, scheduled to be completed by January 2023.
CVU

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09:28 EDT CPI Aerostructures receives $4.4M purchase order from U.S. Air Force - CPI Aerostructures announced that it has been awarded a $4.4M purchase order under a previously announced contract from the U. S. Air Force to provide structural modification kits, program management, logistics, and other sustainment services in support of Phase 3 of the T-38C Pacer Classic III Fuselage Structural Modification Kit Integration program and the Talon Repair Inspection and Maintenance program. In July 2019, the company announced the PCIII and TRIM contract valued at up to $65.7M. The new purchase order brings the total funded value of the contract to $28.4M and extends the currently funded period of performance into late 2024. The Northrop T-38 has been the principal supersonic jet trainer used by the Air Force for more than 50 years. PCIII and TRIM are expected to increase the structural service life of the aircraft to beyond 2030.
BLNK

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09:27 EDT Blink Charging appoints Harjinder Bhade as CTO - Blink Charging announced the appointment of Harjinder Bhade, as Chief Technology Officer. The appointment of Bhade signals the Company's focus on aggressive development of its product line-up and technology infrastructure. Most recently, Mr. Bhade spent more than six years as Chief Technology Officer and Senior Vice President of Engineering at Engie Storage, a battery-based energy storage solutions provider. In this role, Mr. Bhade will expand the Company's existing technology to further position itself as a leader in the super competitive and fast-growing EV charging industry in the U.S. and globally. He will be critical in developing the next generation products to meet future demand, while expanding the Blink network to create a comprehensive next-generation network and EV charging experience.
CLRO

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09:26 EDT ClearOne reviews features of its products in relation to the pandemic - ClearOne shares the experiences of CelebExperts CEO Evan Morgenstein when using their products during the pandemic. "As a talent representative and booker whose job requires making great first impressions and providing responsive, reliable service to clients, Morgenstein has been able to rise above the challenges presented by Covid with the help of the ClearOne Aura Versa 50 videoconferencing system that offers 4K video clarity and superior audio capture and playback," the company said. " Morgenstein views his upgraded equipment as akin to his early adoption of the iPhone...The ClearOne Aura Versa 50 system is a massive upgrade from the integrated cameras and microphones found in laptops. The screen-mountable UNITE 50 4K ePTZ camera includes pan, tilt and 4x zoom functions controlled by a remote, while the CHAT 150 USB speakerphone provides crystal-clear HDConference audio quality with physical buttons for volume and mute functions," ClearOne added. "In addition to the 4K video quality upgrade, Morgenstein said the improved audio clarity on both sides of the conversation helps keep meetings on schedule, aids in understanding non-native English speakers and limits the need for people to repeat themselves. Essentially, the goal is to achieve the responsiveness and feel of an in-person meetings," the company stated.
ADBE

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09:26 EDT Adobe, Sinch extend strategic collaboration - Sinch announced a strategic partnership with Adobe to reimagine global marketing engagement with mobile users through one- and two-way campaigns across a broad array of chat messaging applications. The new solution was introduced at the Adobe Summit. Leveraging the power and flexibility of Sinch's underlying omnichannel Conversation API, Adobe Experience Cloud customers can now drive interaction over conversational messaging channels without leaving Adobe Journey Optimizer, a new application within Adobe Experience Cloud.
CYTH

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09:26 EDT Cyclo announces design of study evaluating Trappsol Cyclo in Niemann-Pick - Cyclo Therapeutics announced that it has posted its protocol on www.ClinicalTrials.gov and is preparing to commence its pivotal Phase 3 study evaluating Trappsol Cyclo, a proprietary formulation of hydroxypropyl beta cyclodextrin, used intravenously, in the treatment of Niemann-Pick Disease type C. Both the FDA and EMA are in agreement with the Company's pivotal Phase 3 protocol and have given clearance to proceed with the study. NPC is a rare genetic disease affecting 1 in 100,000 live births globally. NPC affects every cell in the body due to a defect in the NPC1 protein which is responsible for cholesterol processing in the cell. As cholesterol accumulates in cells, NPC causes symptoms in the brain, liver, spleen,
PKI

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09:25 EDT Oxford Immunotec's T-SPOT Discovery SARS-CoV-2 test used in UK Com-COV trial - Oxford Immunotec announced that its T-SPOT Discovery SARS-CoV-2 kit will be used for T cell testing in the UK Com-COV trial. The company is collaborating with the Oxford Vaccine Group, part of the team that developed the Oxford-AstraZeneca vaccine, who is leading the Com-COV trial. The trial will help understanding of the effects on the immune response when different combinations of approved COVID-19 vaccines are administered for the first and second immunization doses. This study is funded by the UK Vaccine Task Force and the National Institute for Health Research. The Com-COV trial aims to understand how well people's immune systems respond when they are primed with one type of vaccine, then boosted with another and to see how effective the response is when the second dose is separated from the first dose by different periods of time. The study will also examine how common vaccine reactions, such as fever, are after such "mixed" schedules. The first stage of this program has already recruited 830 participants, but has recently been expanded to include a second stage recruiting an additional 1,050, aged over 50, who will have a complete analysis of their immune response to vaccination carried out. Combining vaccines might give broader, longer-lasting immunity against the virus and new variants of it. The study will also give useful information about extending the gap between prime and boost as well as a better understanding of whether combining different vaccines creates a more flexible immunization program, potentially allowing more people to be immunized more quickly. The vaccines being examined in the study are AstraZeneca ChadOx1 nCoV-19, Pfizer BioNTech BNT162b2, the Moderna mRNA vaccine and the protein adjuvant vaccine produced by Novavax. The custom version of the Company's T-SPOT Discovery SARS-CoV-2 kit will be used to assess if the vaccination combinations induce a T cell response in study subjects. The kit uses the T-SPOT technology platform, a commercialized, standardized ELISPOT platform, which allows for the reproducible measurement of T cells reactive to SARS-CoV-2. Testing for an immune response using T cells may offer several advantages over conventional antibody testing due to the limitations reported with antibody testing. Of particular importance is that T cells have been shown to be long lived, whereas antibodies can wane over time. This could give an added importance to longer-term T cell testing well after initial infection. The T-SPOT Discovery SARS-CoV-2 test has also demonstrated in previous studies that a high SARS-CoV-2 specific T cell response may be associated with protection from infection.
RNGTF

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09:23 EDT Osisko Development announces drilling results from Cariboo drill program - Osisko Development Corp. is pleased to announce drilling results from the category conversion drill program campaign at its Cariboo Gold Project in central British Columbia. This news release discusses the final assay results from the 2020 exploration and delineation drill campaign on Valley, Mosquito and Shaft Zones and includes holes CM-20-100 to CM-20-105 and IM-20-036 to IM-20-061. Detailed drilling results, drill hole location plan maps and vertical sections are presented at the end of this release. The infill drilling results continue to demonstrate continuity and expansion of modelled vein corridors. Drilling highlights include 6.97 g/t Au over 6.50 g/t Au and 7.73 g/t Au over 13.00 meters in hole CM-20-100. Hole CM-20-100 confirmed anomalous gold values within multiple modelled vein corridors. On Island Mountain, Shaft Zone highlights included 11.48 g/t Au over 8.35 meters in hole IM-20-039 and on Mosquito Creek Zone 22.76 g/t Au over 7.00 meters in hole IM-20-053. The modelled vein corridors remain open at depth and are currently being drill tested with four diamond drill rigs. A total of ten rigs are currently active on Cariboo. Recent Drilling Highlights: CM-20-100: 6.97 g/t Au over 6.50 meters; CM-20-100: 7.73 g/t Au over 13.00 meters including 35.50 g/t Au over 0.85 meter; CM-20-101: 30.70 g/t Au over 1.35 meters; CM-20-102: 5.62 g/t Au over 9.45 meters including 28.10 g/t Au over 0.50 meter; IM-20-037: 7.14 g/t Au over 5.05 meters; IM-20-037: 15.45 g/t Au over 4.50 meters including 56.20 g/t Au over 0.50 meter; IM-20-039: 17.84 g/t Au over 4.30 meters including 42.30 g/t Au over 1.25 meters; IM-20-039: 11.48 g/t Au over 8.35 meters including 66.50 g/t Au over 0.65 meter; IM-20-041: 7.18 g/t Au over 4.75 meters; IM-20-043: 12.36 g/t Au over 6.75 meters including 40.60 g/t Au over 0.75 meter; IM-20-050: 46.60 g/t Au over 0.85 meter; IM-20-053: 22.76 g/t Au over 7.00 meters including 47.00 g/t Au over 1.50 meters; IM-20-053: 24.73 g/t Au over 2.50 meters including 59.70 g/t Au over 1.00 meter; IM-20-059: 28.10 g/t Au over 1.50 meter; IM-20-059: 9.31 g/t Au over 6.00 meters; IM-20-061: 23.70 g/t Au over 1.50 meters. Mineralized quartz veins on Cariboo are overall sub-vertical dip and northeast strike. Vein corridors are defined as a high-density network of mineralized quartz veins within the axis of the last folding event's folds and hosted within a brittle meta-sandstone or calcareous meta-sandstone. Vein corridors are modelled at a minimum thickness of 2 meters and average about 4.5 meters true width. Individual mineralized veins within these corridors have widths varying from centimeters to several meters and strike lengths from a few meters to over 50 meters. These corridors have been defined from surface to a vertical depth averaging 300 meters and remain open for expansion at depth and along strike. Gold grades are intimately associated with quartz vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins. True widths are estimated to be 60% to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.
TMUS

Hot Stocks

09:22 EDT T-Mobile, Zyter announce partnership to deliver virtual healthcare solutions - T-Mobile and Zyter announced a partnership to deliver virtual healthcare solutions - including telehealth and remote patient monitoring and care team collaboration - to more healthcare organizations and their patients across the U.S. Together, the companies are making virtual care more accessible to more people, which serves to improve patient outcomes, reduce readmission rates and increase overall patient wellbeing. By partnering with T-Mobile, Zyter's digital health platform - Zyter Digital Health Platform and products including, Zyter Telehealth, Zyter Remote Patient Monitoring and ZyterHome - will reach more people over its 5G network. Under the terms of this agreement, Zyter and T-Mobile will collaborate to deliver integrated healthcare solutions to existing and potential T-Mobile customers nationwide. Together, the companies will enable healthcare organizations to provide patients with remote and secure collaboration with care teams who can monitor, diagnose, and remotely treat patients anytime, virtually anywhere, using the T-Mobile 4G LTE/5G network.
UPS

Hot Stocks

09:22 EDT UPS says 'confident' domestic margin will expand in 2021 - Says "confident" in operating leverage going forward. Says continues to invest in time and transit. Expects to increase weekend delivery. Says first allocation of capital will be into the business. Says "committed" to the dividend and "improving flexibility of the balance sheet."
WING

Hot Stocks

09:21 EDT Wingstop to expand into Canada thorugh an agreement JPK Capital - Wingstop announced plans to extend its global reach by expanding into Canada through an agreement with JPK Capital to develop 100 Wingstop locations across Canada in the next 10 years, with the first set to open in Toronto. JPK Capital is a single-family office motivated by sustainable change, technological innovation, and long-term vision. Founded in 2017 and led by entrepreneur and founder of Luxury Retreats Joe Poulin, JPK Capital specializes in providing the long-term capital, strategy, and tech expertise consumer businesses need to scale and grow their operations. JPK Capital's portfolio includes successful restaurant franchises across several countries.
NCR GOOG

Hot Stocks

09:19 EDT NCR and Google Cloud collaborate on digital transformation in banking - NCR Corporation (NCR), and Google (GOOG) Cloud announced a global strategic partnership. Under the terms of the agreement, NCR will expand cloud availability of its Digital Banking software portfolio, including NCR Channel Services for retail banking as well as its card and payments processing platform NCR Authentic. "This initiative expands the cloud deployment options for NCR's customers, making it easier and faster for financial institutions to bring new digital banking services to market and accelerate digital transformations with confidence," said Frank Hauck, President and General Manager of NCR Banking. "Financial institutions will benefit from NCR's depth of banking industry experience along with the trusted, secure cloud platform provided by Google Cloud." NCR and Google Cloud will collaborate on product development and innovation to further enhance the suite of cloud-based solutions and analytics available to banking customers on Google Cloud. Google Cloud is a leading infrastructure, platform and industry solutions provider, helping businesses solve their most critical problems across 200 countries. With the ubiquitous Google Cloud, NCR's customers will gain a leading solution for powerful computing, data storage and powerful analytics, and business insight. "We're partnering with NCR to help accelerate the digital transformation of financial services organizations," said Derek White, vice president, Global Financial Services at Google Cloud. "Bringing NCR's widely adopted digital banking software onto Google Cloud means financial institutions can leverage scalable, secure cloud infrastructure, with the flexibility to deploy new, cloud-native solutions across on-premises, hybrid cloud, and as-a-service models, enabling them to deliver exceptional customer experiences."
RVVTF

Hot Stocks

09:19 EDT Revive Therapeutics files for orphan drug designation for psilocybin - Revive Therapeutics is pleased to announce it has filed an application with the U.S. Food and Drug Administration to receive Orphan Drug Designation for Psilocybin to treat moderate to severe traumatic brain injury.
AMPE

Hot Stocks

09:19 EDT Ampio announces results from AP-014 Phase I clinical trial - Ampio Pharmaceuticals revealed positive results in its AP-014 Phase I clinical trial utilizing inhaled Ampion in treating respiratory distress in patients as a result of COVID-19. All patients in the study have now completed treatment, including a follow-up at Day 28 after treatment. The study not only met its primary endpoint, the final data showed an even greater improvement in all-cause mortality over patients treated using Standard of Care (SOC) than initially reported. Mortality in the SOC group was 24%, while that in the group treated with SOC and Ampion was only 5%, a 78% improvement in all-cause mortality. Preliminary results had been reported in March as 21% for SOC and 8% for Ampion, or a 62% improvement.
AMPE

Hot Stocks

09:17 EDT Ampio receives positive response from FDA for AP-013 Phase III trial - Ampio Pharmaceuticals announced that it had received a positive response from the FDA on its plans for its AP-013 Phase III trial for the intra-articular injection of Ampion, its novel anti-inflammatory, for patients suffering from severe osteoarthritis of the knee, OAK. The AP-013 study was paused in early 2020, along with over 1,000 other trials, because of the COVID-19 pandemic, and the FDA was providing Ampio with guidance on steps for moving forward and completing the trial. The AP-013 study is being conducted under a Special Protocol Assessment, or SPA, which provides a documented and structured framework for communication and gaining agreement with the FDA to support a commercial Biologics Licensing Application, BLA.
XLNX

Hot Stocks

09:16 EDT Xilinx announces full production shipments of 7nm Versal AI Core, prime devices - Xilinx, announced that its Versal AI Core and Versal Prime series devices are now shipping to customers in full production volumes. Additionally, the third series in the Versal portfolio, Versal Premium, has now shipped to multiple tier-one customers through the company's early access program. Versal is the industry's first adaptive compute acceleration platform. Versal ACAPs combine scalar processing engines, adaptable hardware engines, intelligent engines with leading-edge memory and interfacing technologies to deliver powerful heterogeneous acceleration for any application beyond the capabilities of an FPGA. The Versal AI Core series delivers the highest compute and lowest latency in the Versal portfolio, enabling breakthrough AI inference throughput and performance through its AI engines. Versal AI Core is optimized for compute-intensive applications primarily for the data center, 5G wireless, and A&D markets, including machine learning and advanced signal processing. Customers have deployed Versal AI Core to accelerate workloads such as 5G gNodeB base stations, satellite-based broadband services, and audio-video bridging in 3D immersive stadium sports videos.
GOLD

Hot Stocks

09:15 EDT Barrick Gold third underground mine on track to start production - Barrick Gold's Loulo-Gounkoto gold complex's third underground mine has reached its first mining level and is scheduled to start delivering ore tonnes to the plant during the current quarter, president and chief executive Mark Bristow told a media briefing here today. At the same time, a prefeasibility study has started on two more mines on the Loulo permit: an underground operation at Loulo 3 and a large open pit at Yalea South. These, Bristow said, would add mining sources and improve feed flexibility, providing further support for the complex's robust 10-year plan. Meanwhile exploration programs designed to replace depleted reserves are continuing to deliver good results. The complex produced 193,014 ounces of gold in Q1 and is on track to achieve its full-year guidance of 640,000 to 700,000 ounces.
NLOK

Hot Stocks

09:15 EDT NortonLifeLock, National PTA expand partnership - National PTA and NortonLifeLock announced an expansion of their partnership to engage more families and ensure equity in cyber safety conversations. With a new $1M commitment from NortonLifeLock, over the next two years National PTA will more than triple the amount of grant funding to local PTAs provided through NortonLifeLock, as well as modernize and relaunch The Smart Talk, a free, interactive tool and educational program originally created five years ago by National PTA and NortonLifeLock. The Smart Talk helps families address privacy, screen time, social media etiquette, app usage, texting and calling, and set tech ground rules for their household.
ADBE FDX

Hot Stocks

09:13 EDT Adobe, FedEx announce multi-year collaboration with integration of ShopRunner - Adobe (ADBE) and FedEx (FDX) announced a new, multi-year collaboration starting with the integration of ShopRunner, an e-commerce platform and subsidiary of FedEx Services, with Adobe Commerce. Brands and merchants can better tackle the increase in package volume by offering free two-day shipping and seamless checkout and returns. The integration will give Adobe merchants access to FedEx post-purchase logistics intelligence. Brands and merchants will have the option to enable and promote free two-day shipping to their consumers. Brands and merchants can provide shoppers with a return process backed by FedEx with services like label-less returns, access to return-packaging at FedEx locations, easy drop-off and more. Plans are that Adobe Commerce and Magento Open Source merchants in the U.S. will be able to download the FedEx extension from the Magento Marketplace in late 2021.
BYND

Hot Stocks

09:12 EDT Beyond Meat launches new Beyond Burger at grocery stores nationwide - Beyond Meat announced that the new version of its iconic Beyond Burger will arrive in grocery stores nationwide beginning the week of May 3rd. The latest and greatest Beyond Burger, which offers impressive advancements in taste and nutrition, will be sold in a 2-pack, the brand's first-ever value 4-pack and a 1lb. Beyond Beef pack.
NNDM

Hot Stocks

09:12 EDT Nano Dimension acquires 3D-micro-printing company, NanoFabrica - Nano Dimension announced that it has signed and closed a definitive agreement to acquire NanoFabrica. Nano Dimension will pay the shareholders of NanoFabrica a total ranging between $54.9M-$59.4M. Out of that, between $23M-$27.5M will be paid in cash, and approximately $32M was paid in American Depositary Shares of Nano Dimension. Certain cash payments will be based on NanoFabrica's revenue and gross margin performance in the next 12 months. NanoFabrica's scientists and engineers, all of whom are expected to now join Nano Dimension, are leading experts and industry veterans in materials, software, mechanical automation, and robotics. They are going to continue to be led by NanoFabrica's two founders, Dr. Jon Donner and Eyal Shelef.
GE

Hot Stocks

09:11 EDT General Electric will continue to explore options in and around insurance
APO

Hot Stocks

09:10 EDT Apollo Global launches credit secondaries platform with $1B in assets - Apollo Global Management announced its expansion into the secondaries markets with the launch of Apollo Credit Secondaries, a new platform with $1B in assets to deploy to private credit secondary transactions. The platform is anchored by investments from Apollo's insurance clients and the Firm expects to raise a dedicated fund in the future to establish a leadership position in the burgeoning asset class. Apollo Credit Secondaries will look to capitalize on the continued growth of private credit, addressing related liquidity or portfolio needs from underlying investors. The platform is part of Apollo's nearly $330B Credit business, which the Firm believes will provide it with unique advantages to sourcing and underwriting a portfolio of credit secondaries. Apollo expects to maintain its disciplined investment approach and generate attractive risk-adjusted returns with meaningful downside protection. Apollo expects to augment its efforts in credit secondaries with additional team members over the coming months, building out its secondaries capabilities in partnership with its global client base.
BLUW

Hot Stocks

09:10 EDT Blue Water Acquisition Corporation (Class A Stock) trading resumes
GDDY

Hot Stocks

09:09 EDT GoDaddy launches Hub by GoDaddy Pro - GoDaddy announced the launch of the Hub by GoDaddy Pro, a new and free site experience for website designers and developers. The Hub brings together all of the GoDaddy Pro-specific tools and solutions into a single dashboard. The Hub provides a new integrated project, site and client management platform for GoDaddy Pro members so they can more easily navigate between projects and client sites, and efficiently run their business with new tools like to-do lists and timelines.
EWTX CATB

Hot Stocks

09:09 EDT Edgewise Therapeutics appoints Joanne Donovan as CMO - Edgewise Therapeutics (EWTX) announced the appointment of Joanne Donovan to the position of CMO. Donovan will be responsible for leading clinical, medical and regulatory strategy and operations for the company's pipeline, including EDG-5506, the company's lead product candidate that is advancing in clinical development for Duchenne and Becker muscular dystrophy, or DMD and BMD. Prior to joining Edgewise, Donovan served as CMO and senior VP, clinical development at Catabasis (CATB). In this role, Donovan led clinical development in DMD from first-in-human through Phase 3 studies and New Drug Application preparation.
EWTX CATB

Hot Stocks

09:09 EDT Edgewise Therapeutics appoints Joanne Donovan as CMO - Edgewise Therapeutics (EWTX) announced the appointment of Joanne Donovan to the position of CMO. Donovan will be responsible for leading clinical, medical and regulatory strategy and operations for the company's pipeline, including EDG-5506, the company's lead product candidate that is advancing in clinical development for Duchenne and Becker muscular dystrophy, or DMD and BMD. Prior to joining Edgewise, Donovan served as CMO and senior VP, clinical development at Catabasis (CATB). In this role, Donovan led clinical development in DMD from first-in-human through Phase 3 studies and New Drug Application preparation.
CYCN

Hot Stocks

09:09 EDT Cyclerion Therapeutics announces highlights from webinar on CY6463 - Cyclerion Therapeutics hosted a webinar to provide clinical updates for its first-in-class, CNS-penetrant soluble guanylate cyclase stimulator CY6463 in Alzheimer's Disease with Vascular pathology and Mitochondrial Encephalomyopathy, Lactic Acidosis and Stroke-like episodes. Supported by recent clinical and preclinical data, Cyclerion also discussed the potential for CY6463 to treat Cognitive Impairment Associated with Schizophrenia, with key insights from Dr. Andreas Reif on the role of the sGC pathway in the disease. In addition, Cyclerion introduced its latest development candidate CY3018, a differentiated, next-generation, CNS-penetrant sGC stimulator. Modulating a fundamental CNS signaling pathway: sGC stimulators amplify the power of the nitric oxide-soluble guanylate cyclase-cyclic guanosine monophosphate pathway signaling to address central aspects of disease pathophysiology. Preclinical data from CY6463 and extensive academic work validate the crucial role of the sGC pathway in brain physiology. Clinical data from the recent translational pharmacology study confirm the ability of CY6463 to impact brain oscillations, neuroinflammation and neurophysiological function. CY6463 Updates: Disease-relevant, biomarker-guided pipeline strategy: The company is advancing parallel, signal-seeking, exploratory studies in well-defined patient populations with cognitive impairment including neurodegenerative, neuropsychiatric, and mitochondrial diseases. CY6463 targets sGC, a proven druggable target, in critical brain regions and cell types linked to cognition and has demonstrated an impact on multiple biomarkers associated with cognition in previous Phase 1 studies. ADv clinical trial initiation: The U.S. Food and Drug Administration cleared the Investigational New Drug (IND) application for CY6463 in ADv, and the Company anticipates beginning to enroll patients in a 12-week Phase 2a clinical trial in patients with ADv by mid-2021, barring any COVID-19 related delays. This exploratory study is designed to evaluate safety, tolerability, and pharmacodynamic effects including impact on disease-relevant biomarkers. MELAS clinical trial advancement: This study is enrolling more slowly than initially projected, primarily due to COVID-19. Data from the exploratory 29-day open-label Phase 2a pilot study in patients with MELAS are now expected by year end 2021. Potential to treat CIAS with novel mechanism: Neuropsychiatric key opinion leader and expert in the neurobiology of nitric oxide and its relation to psychiatric disorders, Andreas Reif, M.D., Chair, Department of Psychiatry, University Hospital Frankfurt, discussed the sGC pathway and its role in cognitive function and CIAS. Reduced NO-sGC-cGMP signaling is linked to cognitive dysfunction in schizophrenia. Stimulation of sGC by CY6463 to amplify NO-sGC-cGMP signaling is a potential first-in-class approach for the treatment of CIAS. Cyclerion is planning to initiate a Phase 1b signal-seeking study in CIAS to evaluate safety and near-term impact on disease-relevant biomarkers. CY3018, a differentiated, next-generation CNS-penetrant sGC stimulator: Cyclerion shared information on the latest development candidate, CY3018. Preclinical data show increased CNS-exposure, with significantly increased cerebrospinal fluid to plasma ratio, compared to CY6463. This increased CNS distribution is mirrored by a higher level of pharmacological activity in the CNS relative to the periphery. The company is advancing CY3018 through IND-enabling development. Cash, cash equivalents, and restricted cash balance on March 31, 2021 was approximately $45 million, as compared to approximately $58 million on December 31, 2021. As of April 2021, Cyclerion has substantially streamlined its operating model to invest more fully in its priority opportunities in cognition and expects average monthly cash use for the foreseeable future to be approximately 50 percent that of 2020.
CHFS

Hot Stocks

09:08 EDT CHF Solutions changes company name to Nuwellis - CHF Solutions announced it is now Nuwellis to reflect "its core therapeutic focus areas: pediatric, critical care, and heart failure fluid imbalance," the company said. "2020 was a transformational year for our company, we grew in unexpected ways and expanded our therapeutic focus areas," said Nestor Jaramillo, Jr., President and CEO of Nuwellis. "We are no longer exclusively a heart failure company, as our prior name suggested. Nuwellis represents our mission to better adhere to the needs of all patients suffering from fluid imbalance and reflects our new commercial focus. This is an exciting time for our company and represents the growth we have seen and strive to continue to achieve. We will continue to evolve in order to give patients and their providers the best technology to restore fluid balance, and rebranding is a high-level change that reflects our commitment." In conjunction with the name change, the company's ticker symbol listed on the NASDAQ will change from CHFS to NUWE, effective April 27, 2021.
DEA

Hot Stocks

09:07 EDT Easterly Government Properties acquires USAO facility in Illinois - Easterly Government Properties announced that it has acquired a 43,600 leased square foot United States Attorney's Office, or USAO, facility in Springfield, Illinois. USAO - Springfield, a three-story build-to-suit construction for the Department of Justice United States Attorney's Office for the Central District of Illinois, was constructed in 2002 and is 100% leased to the General Services Administration, or GSA, on behalf of the USAO pursuant to a 20-year lease, which does not expire until March 2038. USAO - Springfield is located on the same block as the United States District Courthouse, serves as the headquarters for the USAO's Central Division of Illinois with subordinate staffed offices in Peoria, Rock Island and Urbana. The district includes 46 of the 102 counties within the State of Illinois.
IBM

Hot Stocks

09:07 EDT IBM announces innovations across storage portfolio - IBM announced innovations across its storage portfolio designed to improve the access to, and management of, data across increasingly complex hybrid cloud environments for greater data availability and resilience. First, the company announced plans to launch a new container-native software defined storage, or SDS, solution, IBM Spectrum Fusion in the second half of 2021. The solution will be designed to fuse IBM's general parallel file system technology and its data protection software to give businesses and their applications a simple and less complex approach to accessing data seamlessly within the data center, at the edge and across hybrid cloud environments. IBM (NYSE: IBM) today announced major innovations across its storage portfolio designed to improve the access to, and management of, data across increasingly complex hybrid cloud environments for greater data availability and resilience. In addition, IBM introduced updates to its IBM Elastic Storage System (ESS) family of high-performance solutions that are highly scalable and designed for easy deployment: the revamped model ESS 5000, now delivering 10% greater storage capacity1 and the new ESS 3200 which offers double the read performance of its predecessor.
CNI

Hot Stocks

09:06 EDT CN appoints Roberta Louise Jamieson, Murray Sinclar as co-chairs of IAC - The Board of Directors of CN is pleased to announce that Ms. Roberta Louise Jamieson, OC, Kanyen'keha:ka, and the Honourable Murray Sinclair, Mizanay Gheezhik, have accepted to Co-Chair the CN Indigenous Advisory Council, an independent body comprised of Indigenous peoples' representatives from across the country. The Council's mandate is to provide advice to the members of CN's Board and President and CEO on issues that are relevant to CN and its relationship with the over 200 Indigenous communities in which CN operates. The goals of the IAC include reinforcing diversity and inclusion through policies and procedures that reflect these values, as well as fostering meaningful and long-lasting relationships between the railway and Indigenous peoples.
TRUE

Hot Stocks

09:05 EDT TrueCar sees April new vehicle sales up 97% from last year - TrueCar forecasts total new vehicle sales will reach 1,402,135 units in April, up 97% from a year ago and down 12.6% from March 2021, when adjusted for the same number of selling days. This month's seasonally adjusted annualized rate, or SAAR, for total light vehicle sales is an estimated 17.1M, bouncing back from 8.7M SAAR in April 2020. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 1,259,036 units, an increase of 94.5% from a year ago and a decrease of 11.8% from March, when adjusted for the same number of selling days.
IEA

Hot Stocks

09:04 EDT Infrastructure and Energy Alternatives awarded $50M wind construction contract - Infrastructure and Energy Alternatives announced that the company has been awarded the Plymouth Wind Energy Center contract valued at approximately $50M. Invenergy awarded this project to IEA Constructors, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects. The award is for the construction of a 200 megawatt utility-scale wind farm in northwest Iowa. Work on the Plymouth Wind Energy Center began in April and is expected to be completed in late 2021. IEA will self-perform all of the engineering, procurement and construction needs of the project, including the construction of project roads, installation of foundations, offloading of equipment and erection of 73 GE wind turbine generators.
VZ

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09:04 EDT Verizon launches Small Business Days ahead of Small Business Week - Ahead of Small Business Week, Verizon Business is helping small business customers get the technology and tools they need to jumpstart their mobile communications, connectivity and security, including offers worth up to $1,000 in value. Beginning April 29th and extending through May 7th, Verizon small business specialists will provide complimentary tech evaluations, waived fees, a 10-year price guarantee for 5G Business Internet starting as low as $69/month and special discounts like up to $1,000 off a select new 5G phone with number transfer and select trade-in.
SSNC

Hot Stocks

09:03 EDT SS&C amnends offer to acquire Mainstream group - SS&C Technologies Holdings announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.25 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis. SS&C has agreed to increase the consideration payable under the scheme after receipt by Mainstream of a non-binding indicative cash offer of $2.20 per security from a third party. As a consequence of such increase and related amendments, Mainstream has terminated any discussions with such third party. Terms of the proposed acquisition imply an enterprise value for Mainstream of approximately A$332M or approximately $259M, including transaction costs and net debt. The purchase will be subject to customary conditions, including approval by Mainstream shareholders, the relevant Australian court and certain regulatory approvals, and is expected to close in the Q3. Mainstream is being advised by Miles Advisory Partners as financial adviser and Maddocks as legal adviser. SS&C is being advised by Citi as financial adviser and Gilbert + Tobin as legal adviser.
FARM

Hot Stocks

09:03 EDT Farmer Bros. announces new credit facilities - Farmer Bros. announced the finalization of a new $127.5 million, four-year financing arrangement, which includes an $80.0 million asset-backed revolving credit facility and $47.5 million term loan due April 2025. This arrangement replaces its existing revolving credit facility that was scheduled to mature November 2023, and provides significantly more borrowing capacity over the term of the arrangement at a lower overall cost of borrowing. Additionally, the new arrangement reduces or eliminates several negative covenants in its existing credit facility. The financing was led by Wells Fargo Bank. In accordance with the terms of the financing agreement, the proceeds may be used for general corporate purposes and the Company may prepay amounts borrowed under the asset-backed revolving credit facility at any time without premium or penalty.
EXPI

Hot Stocks

09:02 EDT eXp World Holdings expands real estate operations into Columbia - eXp World Holdings has expanded into Colombia, under the eXp Colombia banner. eXp Realty now operates in 14 countries and territories with more than 50,000 agents across the globe. eXp Realty's worldwide expansion is being led by Michael Valdes, President of eXp Global and an international real estate veteran with experience opening markets around the world. eXp Colombia's brokerage operations will be led by Santiago Carrizosa, Managing Broker, eXp Colombia. Colombia represents the first of the three markets that eXp Global has identified for expansion in the second quarter of 2021, with the openings of Spain and Israel slated to open later in the quarter. Puerto Rico, Brazil, Italy and Hong Kong opened eXp operations in the first quarter of 2021.
GE

Hot Stocks

09:02 EDT GE: 'We need aviation to come back,' business recovery a matter of when, not if
TRVG

Hot Stocks

09:02 EDT Trivago collaborates with TUI to offer activities feature - trivago announced a collaboration with TUI Group to provide trivago users with direct access to more than 55,000 excursions, activities and tickets. As trivago's activities partner, TUI will power the new 'Activities' section on the trivago website. trivago users will have direct access to a diverse portfolio of experiences, from guided tours and tickets for world renown landmarks and attractions, such as the One World Observatory, Colosseum and Harry Potter Studios, to unique activities, including sunset stadium climbs and double-decker bus dining. The majority of experiences will have immediate email confirmation and can be cancelled up to 24 hours before they start, offering peace of mind when booking.
AMZN WIT

Hot Stocks

09:02 EDT Wipro achieves AWS mainframe migration competency status - Wipro (WIT) announced that it has achieved Amazon Web Services ( AMZN) AWS Mainframe Migration Competency status. This designation recognizes that Wipro has proven solutions, practices, and customer success in migrating both mainframe applications and data to AWS. Recognizing the complexity of a mainframe migration, AWS customers seek proven methodologies, tools, and best practices to empower successful migrations. The AWS Partner Network plays a critical role in these efforts by providing access to mature technology products and services for customers' mainframe migrations from AWS Partners with proven solutions and expertise. AWS launched the AWS Mainframe Migration Competency to help customers confidently identify and engage AWS Partners who specialize in mainframe migration. These AWS Partners are vetted, validated, and verified against a high bar to achieve the AWS Mainframe Migration Competency. The high bar validates and verifies that AWS Partners with AWS Mainframe Migration Competency status offer mature solutions and practices and repeatable mainframe migration success.
IBM

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08:57 EDT IBM boosts quarterly dividend to $1.64 per common share - The IBM board of directors boosts dividend to declared an increase in the regular quarterly cash dividend to $1.64 per common share, payable June 10to stockholders of record as of May 10. IBM has paid consecutive quarterly dividends since 1916.
UPS

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08:53 EDT UPS says Q1 mix 'continued to be positive' - Says International results "excellent," with "very strong" volume growth. Says "absolutely moving in a positive direction" with balance sheet.
GE

Hot Stocks

08:53 EDT GE sees strong trends in offshore wind market continuing through decade
BLUW

Hot Stocks

08:46 EDT Blue Water Acquisition to bring Clarus Therapeutics public via merger - Clarus Therapeutics, a pharmaceutical company advancing androgen and metabolic therapies for men and women, and Blue Water Acquisition Corp., a special purpose acquisition company, or "SPAC," announced a definitive business combination agreement that will result in Clarus becoming a publicly traded company. This transaction values Clarus at $379M on a fully diluted basis, assuming no redemptions by Blue Water stockholders. In addition, current Clarus stakeholders will invest an additional $25M in Clarus following the announcement of this transaction. Clarus Therapeutics shareholders and Blue Water Acquisition Corp. shareholders will hold shares in Clarus Therapeutics, which is expected to be listed on NASDAQ. "When I established Clarus, the singular focus of our team was the development and launch of an oral TRT product to address a significant void in treatment options available to appropriate men in need of testosterone therapy. When JATENZO launched in early 2020, it represented not only the culmination of those efforts but also brought our collective vision to life. Clarus is now ready to enter the public markets and build out its pipeline. The merger with Blue Water Acquisition Corp. is expected to bring fresh capital and exceptional board members to the company so that we can expand our commercialization of JATENZO in the U. S., develop new innovative products, and set a broader course for Clarus beyond men's health," said Dr. Robert Dudley, chairman, CEO and president of Clarus. Subject to stockholder approval and the satisfaction of customary closing conditions, the business combination transaction is expected to close in the third quarter of 2021.
ICE

Hot Stocks

08:43 EDT IntercontinentalExchange debuts ultra-low latency wireless services in Europe - Intercontinental Exchange announced the launch of its ultra-low latency wireless market data offering in the London metro area and Frankfurt by ICE Global Network, IGN. Connectivity, speed and reliability are essential for market participants. IGN provides customers with an abundance of data and connectivity to more than 150 capital market venues and 750 native market feeds. The addition of wireless market data services in Europe will offer customers a new choice of provider and expand market data options for all customers. With competitive latencies connecting customers quickly and efficiently to select global markets, this offering also appeals to firms seeking diversity from private networks. IGN will leverage existing wireless infrastructure in Europe to help customers meet the increasing demands they face to make decisions in fractions of seconds. The wireless market data offering will allow clients to access both cash and derivatives packages in the London triangle from ICE Futures, Euronext, CBOE Europe and LSE, as well as Eurex and Xetra from Frankfurt. The use of this reliable wireless network will allow customers to leverage the benefits of a highly optimized wireless service to help enhance their trading performance.
EFRTF

Hot Stocks

08:43 EDT Nexus Real Estate to acquire two industrial properties for $56.1M - Nexus Real Estate Investment Trust is pleased to announce that it has entered into 2 separate conditional purchase and sale agreements to acquire 2 industrial properties for an aggregate purchase price of approximately $56,100,000. One of the properties is located in London, Ontario and one in Edmonton, Alberta. The properties have a combined gross leasable area of approximately 496,000 square feet, and the aggregate purchase price represents a weighted average going-in capitalization rate of 6.0%. The acquisitions are conditional on the REIT completing due diligence to its satisfaction, and one of the transactions will require TSX and unitholder approval for the issuance of Class B LP Units of a subsidiary limited partnership of the REIT as partial purchase price consideration. The Class B LP Units will be priced at $8.6278 per unit, being the volume weighted average trading price of the REIT's units for the 5 days prior to the April 26, 2021 purchase and sale agreement execution date. The REIT anticipates that these acquisitions will be funded with cash on hand, $28,500,000 of Class B LP Units issued as consideration, assumed mortgage financing and with the proceeds of new mortgage financing to be placed on the properties. The London, Ontario acquisition is expected to close on November 1st and the Edmonton acquisition on July 4th.
GE

Hot Stocks

08:43 EDT General Electric: Healthcare orders continue to improve
UPS

Hot Stocks

08:42 EDT UPS says Q1 results exceeded expectations, driven by great execution - Says all business segments delivered strong performance. Sees "even more opportunity ahead" in International markets. Says market demand outpacing supply. Expects pricing in the industry to "remain firm." Says "laser-focused on operational excellence." Says strategy is "gaining traction." Comments taken from Q1 earnings conference call.
DDD

Hot Stocks

08:42 EDT 3D Systems announces VSP Hybrid Guides - 3D Systems announced VSP Hybrid Guides - the latest enhancement to its VSP surgical planning solutions portfolio. "This first-to-market solution for maxillofacial surgeons combines the strength of titanium with the relative softness of nylon in a single patient-specific guide with registration to the dentition for added confidence in guide placement and surgical site visibility. This latest innovation was engineered in response to customer feedback and demonstrates 3D Systems' commitment to driving better outcomes for maxillofacial and reconstructive surgeons and their patients... Tooth-based registration is achievable with nylon material, and the profile advantages of a rigid metallic cutting and drilling guide are preserved. The new guides are assembled with easy-to-use connection sites that are engineered to confirm a proper connection. Depending on the surgeon's preference, patient-specific instruments can be designed that allow multiple cutting/drilling locations on a single occlusal-based guide. A secondary benefit of using occlusal registration is the potential for a reduced guide footprint. The slimmer profile guides not only provide easier placement in areas with limited exposure but also improve a surgeon's visibility of the surgical site," the company said.
CLRB

Hot Stocks

08:42 EDT Cellectar receives notification of grant of composition of matter patent - Cellectar Biosciences announced that it has received notification of formal grant of the patent titled, "Phospholipid-Ether Analogs as Cancer-Targeting Drug Vehicles" by the Eurasian, Australian and Mexican patent authorities. This patent provides composition of matter and use protection for the company's proprietary phospholipid-ether analogs as a targeted delivery vehicle in combination with a broad range of commonly used chemotherapeutic classes such as alkaloids, nucleoside analogs, as well as other classes of small molecule chemotherapeutic agents. The cancer-targeting PLE delivery vehicle serves as the foundation for the company's research, development and pipeline including CLR 131, our lead product candidate. CLR 131 is currently in multiple clinical studies, including a pivotal registrational study in Waldenstrom's macroglobulinemia, a Phase 2b study in multiple myeloma, and a Phase 1 study in multiple pediatric solid tumor indications.
ITI

Hot Stocks

08:40 EDT Iteris, Continental enter pact to explore intelligent infrastructure solutions - Global mobility supplier Continental and Iteris announced they have entered into a collaboration agreement to explore intelligent infrastructure solutions for communities across North America. With the goal of readying cities for advancements in connected and automated vehicle technologies, the partnership is designed to help ensure safer and more efficient mobility. The future-oriented traffic infrastructure collaboration will leverage automotive sensors and infrastructure-to-vehicle, or I2V, connectivity to make city transportation systems across North America more efficient, while supporting local and regional transportation agencies' efforts to achieve their Vision Zero goals. Information generated by the automotive sensors will be used to enable collective perception capabilities. In addition to sharing a connected vehicle's location with other V2X-enabled devices, collective perception messaging enables that vehicle to also share what it senses with the rest of its connected environment. The collaboration is focused on improving the current transportation infrastructure while working toward a more balanced, intelligent and optimized infrastructure that communicates seamlessly with the mobility ecosystem in the future thanks to expanded sensing capabilities.
OPK

Hot Stocks

08:39 EDT BioReference Laboratories renewed as COVID-19 testing provider for MLS - BioReference Laboratories, an OPKO Health company, announced its renewal as the COVID-19 testing provider for Major League Soccer, which began on April 17 along with the 2021 MLS season. Similar to BioReference's role as the testing provider for the MLS is Back Tournament, BioReference is providing laboratory-based PCR COVID-19 testing as well as point-of-care (rapid) COVID-19 testing to players, match officials, and League staff for 13 Club teams. In addition to providing testing to players, match officials, and staff, BioReference is working with the New England Revolution to test fans with field level seats prior to home games, which began with the Revolution's first season home game at Gillette Stadium on April 24.
POAI

Hot Stocks

08:39 EDT Predictive Oncology announces Christina Jenkins as new board member - Predictive Oncology announce their newest board member Dr. Christina Jenkins. Jenkins is a strategic advisor and venture investor whose expertise spans clinical medicine, venture capital, health systems and health plans. Jenkins is a Venture Partner at Phoenix Venture Partners, where she co-leads the firm's seed-stage investment strategy in the healthcare/life sciences vertical. She is a board director for Independence Health Group, a board Observer for Madorra, and an advisory board member of multiple value-generating healthcare companies.
RNWK

Hot Stocks

08:39 EDT RealNetworks down over 20% to $2.70 after pricing equity offering - The last closing price on RealNetworks was $3.41.
GNBT

Hot Stocks

08:38 EDT Generex receives $2M development payment from Beijing Youfeng Biological - Generex Biotechnology Corporation announced that in connection with its partnership with the National Institute for Viral Disease Control and Prevention, Chinese Centre for Disease Control and Prevention, Beijing Youfeng International Consulting Co., Ltd and Beijing Guoxin Haixiang Equity Investment Partnership, the company has received a $2 million development payment from Beijing Youfeng Biological Technology. In exchange for this payment, Generex will provide to Youfeng-BI and our Chinese partners research results, data, regulatory documents, and manufacturing methods to support the filing of an Investigative New Drug application for the Ii-Key-SARS-CoV-2 Vaccine in China. Pursuant to the partnership, the company's partners in China are responsible for the development and regulatory approval of the Ii-Key COVID Vaccine by the NMPA in China. All clinical trials will be conducted under guidelines of the International Council on Harmonisation, so the data can be used for submission to FDA, EMEA, and other international regulatory agencies; Generex Biotechnology Corporation and NuGenerex Immuno-Oncology maintain the rights to the Ii-Key-SARS-CoV-2 Vaccine in the rest of the world outside China. Generex will coordinate technology transfer with the Chinese partners to facilitate research and development efforts required to achieve the commercial approval of a Complete Vaccine in China. A complete vaccine is designed to regulate the immune system to provide a targeted, neutralizing antibody response without generating off-target, non-neutralizing antibodies that can lead to antibody dependent enhancement of disease; further a complete vaccine should activate the appropriate T cell responses to yield long-term immune memory without activating detrimental Th2 responses that have been associated with immune-related complications of COVID-19 disease. NuGenerex Immuno-Oncology has filed for and expects to receive a trademark for The Complete Vaccine and has filed patent applications for the Ii-Key-SARS-CoV-2 Vaccine and Ii-Key Vaccine platform.
DSP DV

Hot Stocks

08:37 EDT Viant, DoubleVerify announce IQM integration into Adelphic advertising software - Viant (DSP) and DoubleVerify (DV) announced the integration of DoubleVerify's Inventory Quality Management, or IQM, into the Adelphic advertising software. IQM provides transparency into the quality of digital media. The new integration serves as an additional layer of Adelphic's Inventory Quality Program, which provides brand safety controls across all formats, including Connected TV.
OSIS

Hot Stocks

08:37 EDT OSI Systems IDIQ contract for up to $480M - OSI Systems, announced that its Security division was one of three vendors awarded an indefinite delivery, indefinite quantity contract by the U.S. Customs and Border Protection for multi-energy portal x-ray systems, including installation and training. The IDIQ contract has a potential value of up to $480M and contains a five-year ordering period for systems and up to ten years for potential maintenance support. "We are excited to receive this IDIQ award and look forward to supporting CBP's non-intrusive inspection program," said Deepak Chopra, OSI Systems' Chairman and CEO.
BVS

Hot Stocks

08:36 EDT Bioventus announces first commercial shipment of BITS balance system - Bioventus announced the first commercial shipments of the Bioness Integrated Therapy System, or BITS, for Balance. BITS Balance "accelerates the value of the BITS platform by adding over 40 new programs and assessments, leveraging proprietary motion sensing technology on any easy to use, adjustable balance platform. From independent physical therapy practices, to regional medical centers, and national providers, the technology will aid clinicians in challenging, assessing, and tracking patients' balance, stability, and strength, ultimately maximizing therapy outcomes," the company said.
HES

Hot Stocks

08:35 EDT Hess Corp. announces oil discovery at Uaru-2, offshore Guyana - Hess announced another oil discovery offshore Guyana at the Uaru-2 well on the Stabroek Block, which will add to the previously announced gross discovered recoverable resource estimate for the block of approximately 9 billion barrels of oil equivalent. Uaru-2 encountered approximately 120 feet of high quality oil bearing sandstone reservoir, including newly identified intervals below the original Uaru-1 discovery. The well was drilled in 5,659 feet of water and is located approximately 6.8 miles south of the Uaru-1 well. "The Uaru-2 discovery will add to the discovered recoverable resource estimate of approximately 9 billion barrels of oil equivalent," CEO John Hess said. "We expect to have at least six FPSOs on the Stabroek Block by 2027, with the potential for up to 10 FPSOs to develop the current discovered recoverable resource base." Production from the Liza Phase 1 development on the Stabroek Block utilizing the Liza Destiny FPSO reached its nameplate capacity of 120,000 gross barrels of oil per day in December 2020 and remained at this level during the first quarter of 2021. In mid April, production from the Liza Destiny was curtailed for several days after a minor leak was detected in the flash gas compressor discharge silencer. Production has since ramped back up and is expected to remain in the range of 100,000-110,000 gross barrels of oil per day until repairs to the discharge silencer are completed in approximately three months. Following this repair, production is expected to return to, or above, nameplate capacity.
ECL

Hot Stocks

08:34 EDT Ecolab expects 'robust' consolidated gains in second half - The company said, "The continued uncertain outlook regarding the timing and pace of global economic recovery from COVID-19's impact does not yet present an adequate basis for us to provide either quarterly or annual earnings forecasts. We expect continued recovery in the full year 2021. Healthcare & Life Sciences segment sales are expected to moderately improve over the prior year's very strong gain, with good year-on-year sales growth from our Industrial and Other segments. We look for our Institutional & Specialty segment to show a significant year-on-year increase for the full year as it progressively recovers toward its pre-COVID peak 2019 levels. We look for significant growth in the second quarter, primarily driven by strong year-on-year growth in our Institutional division as new business as well as improving trends in early-reopening U.S. states and continued U.S. vaccination progress more than offset a softer Europe and emerging market recovery. We expect robust consolidated gains in the second half, and continue to look for strong year-on-year growth for the full year 2021 with earnings per share above 2019 earnings per share from continuing operations excluding the estimated $0.15 per share impact of the Texas freeze."
CWBR

Hot Stocks

08:34 EDT CohBar appoints Joseph Sarret as CEO and director - CohBar announced the appointment of Joseph Sarret, M.D., J.D. as CEO and director, effective May 3, 2021. The board of directors expresses appreciation for the contribution of Steven Engle during his tenure as CEO and director of the company. In addition, David Greenwood, a current director with 40 years of financial and operational experience in biotechnology and investment banking, has assumed the role of chairman of the board. In connection with his appointment as CEO, CohBar announced it has granted Dr. Sarret equity awards that were approved by the Compensation Committee of its board of directors, with a grant date of May 3, 2021, as a material inducement to employment. CohBar granted Dr. Sarret an option to purchase 2,600,000 shares of CohBar common stock. One-fourth of the shares underlying this option will vest on May 3, 2022 and thereafter 1/48th of the shares underlying the option will vest monthly, such that the shares underlying the option will be fully vested on May 3, 2025, subject to Dr. Sarret's continued employment with CohBar on such vesting dates. Of the shares subject to the Time Based Grant, shares with a fair market value of $100,000 based on the closing price of CohBar's common stock on the effective date of the Time Based Grant will be issued pursuant to CohBar's Amended and Restated 2011 Equity Incentive Plan, and the balance of the shares subject to the Time Based Grant will be granted pursuant to the inducement grant. CohBar also granted Dr. Sarret as an additional inducement grant an option to purchase 1,300,000 shares of CohBar common stock, with a grant date of May 3, 2021, which will vest over a two-year period, subject to Dr. Sarret's continued employment with CohBar on such vesting dates and the achievement of certain performance metrics that will be determined by the Board no later than June 30, 2021. Each of the options will have an exercise price equal to the closing price of CohBar's common stock on May 3, 2021.
XOM

Hot Stocks

08:30 EDT Exxon Mobil announces discovery at Uaru-2 offshore Guyana - ExxonMobil said it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana. Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently estimated to be approximately 9 billion oil-equivalent barrels. Drilling at Uaru-2 encountered approximately 120 feet of high quality oil bearing reservoirs including newly identified intervals below the original Uaru-1 discovery. The well was drilled in 5,659 feet of water and is located approximately 6.8 miles south of the Uaru-1 well. "The Uaru-2 discovery enhances our work to optimally sequence development opportunities in the Stabroek Block," said Mike Cousins, senior vice president of exploration and new ventures at ExxonMobil. "Progressing our industry-leading investments and well-executed exploration plans are vital in order to continue to develop Guyana's offshore resources that unlock additional value for the people of Guyana and all stakeholders." In January 2020, ExxonMobil announced that Uaru-1 was the 16th discovery in the Stabroek Block. The well encountered approximately 94 feet of high-quality oil-bearing sandstone reservoir and was drilled in 6,342 feet of water.
ERJ

Hot Stocks

08:30 EDT Embraer delivers nine commercial, 13 executive jets in Q1 - Embraer delivered a total of 22 jets in the first quarter, of which nine were commercial aircraft and 13 were executive jets (10 light and three large). As of March 31st, the firm order backlog totaled $14.2B.
TTOO

Hot Stocks

08:28 EDT T2 Biosystems announces meta-analysis of T2MR technology - T2 Biosystems announced that Expert Review of Medical Devices, a peer-reviewed medical journal, published meta-analysis findings confirming that utilization of T2 Biosystems' Magnetic Resonance technology for identification of bloodstream infections provides faster time to detection, faster transition to targeted microbial therapy, faster de-escalation of empirical therapy, and shorter Intensive Care Unit and hospital stay, and with comparable mortality rate versus the current blood culture standard. Study authors of the meta-analysis, "Antimicrobial and Resource Utilization with T2 Magnetic Resonance for Rapid Diagnosis of Bloodstream Infections: Systematic Review with Meta-analysis of Controlled Studies," systematically searched MEDLINE, EMBASE, and CENTRAL for randomized trials or observational controlled studies of patients with suspected BSIs receiving a diagnosis with T2MR or blood culture, ultimately including 14 studies. Key meta-analysis results include: significant reduction in the time to detection and time to species identification with T2MR vs. blood culture; patients testing positive on T2MR received targeted antimicrobial therapy faster; and patients testing negative on T2MR were de-escalated from empirical therapy faster vs. blood culture; and length of ICU stay and hospital stay were shorter with T2MR vs. blood culture.
NTWK

Hot Stocks

08:26 EDT NetSol Technologies signs multi-million-dollar renewal with Japanese customer - NETSOL Technologies announced that it has secured a multi-million-dollar renewal of its current agreement with an existing tier-one Japanese automotive customer in Thailand. Under the terms of the contract, this customer will continue to license certain key components of NETSOL's NFS Retail platform, including its NFS Credit Application Processing System and NFS Contract Management System. "This customer has been a market leader in the financing and leasing of commercial vehicles and pickup trucks in Thailand for some time, and we're looking forward to building our already-strong working relationship for years to come," said NETSOL President and Otoz CEO Naeem Ghauri. "Over the past few years, we've been able to provide clear value and quality for their operations, utilizing both the CAP and CMS components of our NFS Retail platform. On a broader level, this renewal further solidifies our standing in Thailand and across Asia-Pacific as the preferred business partner for auto captives and finance and leasing companies in the region."
LUMO

Hot Stocks

08:23 EDT Lumos Pharma to present newly released data for patients treated with LUM-201 - Lumos Pharma announced that new data highlights from three patients with pediatric growth hormone deficiency previously treated with the company's lead asset LUM-201 will be presented during a virtual key opinion leader event to be held today, April 27, 2021, at 10:30am ET. This previously unreleased data from Merck's 020 study will be presented by Dr. Cassorla as part of his overview of the key aspects of LUM-201's mechanism of action. This subgroup of the Merck 020 trial specifically examined the effect LUM-201 had on the pulsatile secretion of growth hormone over 24 hours in patients with PGHD after 6 months of treatment with LUM-201, compared to that patient's baseline GH secretion. As has been previously disclosed in adults, LUM-201 increased the pulsatile release of growth hormone for 24 hours in Predictive Enrichment Marker Positive subjects. GH area under the curve increases of less than 2-fold in these PEM-Positive subjects resulted in sizable increases in height velocity after 6 months of treatment. The importance of PEM selection is demonstrated with one PEM-Negative subject showing no increase in GH AUC over the 24-hour monitoring period nor an increase in height velocity after 6 months of treatment with LUM-201. These data support the mechanism of action of LUM-201, augmented pulsatile release of GH, and further support the use of PEMs to identify patients likely to respond to LUM-201. These results are also consistent with data published recently in the Journal of the Endocrine Society and presented at the Endocrine Society 2021 Annual Meeting.
TDAC

Hot Stocks

08:23 EDT Lottery.com enters partnership with Countable - Lottery.com announced that its charitable sweepstakes platform, WinTogether Trust, has entered into an agreement with Countable Corp. to reimagine the future of engaging communities online for WinTogether's charitable initiatives. Together, Countable and WinTogether aim to propel financial success for top tier organizations at the nexus of social impact issues, such as sustainability, social justice, and education. WinTogether and Countable plan to bring visibility and engagement through dedicated hubs for each charitable campaign. Social content will be shared across the WinTogether site, powered by Countable, and via Causes.com, a service division of Countable, with a broad audience of 192M followers. Content will be tailored to targeted Causes.com audience cohorts in an effort to effectively amplify key messages and drive impact for WinTogether philanthropy.
CWH

Hot Stocks

08:22 EDT Camping World announces investment in Audio entertainment app for travelers - Camping World Holdings announced a technology platform investment in HearHere, the mobile audio entertainment app for travelers. The Company plans to integrate HearHere into the Company's proprietary trip planning tool to provide consumers real-time content as they travel throughout the country. The proprietary trip planning tool is part of the acquisition announced earlier this week of campground booking engine, Nomad Reservations. This investment further expands the Company's commitment to supporting entrepreneurship, innovation, and technology in the RV and outdoor marketplace. HearHere is a subscription-based audio app that provides content and stories from a historical, natural and cultural perspective based on the consumer's location to bring the landscape to life. The professional content narration, from a host of top voice talent, allows the consumer to explore the great outdoors, while gaining knowledge and awareneess of the surrounding areas by engaging with the app. HearHere is currently working on expanding its content library to include more than 10,000 stories about places, people and events in the United States.
KVHI

Hot Stocks

08:21 EDT KVH Industries introduces P-series IMUs with PIC technology - KVH Industries announced that it has introduced the P-1750 IMU and the P-1725 IMU to complement the previously released P-1775 IMU and create a full line of IMUs that feature high-performance accelerometers and KVH's patented photonic integrated chip technology. The KVH P-series IMUs are offered in the same proven, compact IMU housing design, and now offer more dynamic and accurate sensor performance delivering improved navigation capability and more environmental robustness in vibration and shock capability for more challenging applications.
GE

Hot Stocks

08:21 EDT GE sees growth in Services for 2021, but may fluctuate q/q due to pandemic
LBAI

Hot Stocks

08:20 EDT Lakeland Bancorp board authorizes annualized 8% increase in cash dividend - CEO Thomas Shara said, "The quarterly results were record earnings for Lakeland which were bolstered by an 11 basis point increase in our net interest margin and an increase in pre-tax income. Considering our continued success, the Board authorized an annualized 8% increase in our cash dividend."
ESPR

Hot Stocks

08:20 EDT Esperion announces publication of CLEAR outcomes trial for NEXLETOL - Esperion announced the peer reviewed publication of the key design paper outlining the baseline characteristics of the enrolled patient population, rationale and design of the CLEAR Outcomes trial evaluating NEXLETOL Tablet in patients with documented statin intolerance, the first and only cardiovascular outcomes trial to exclusively study this patient population at high risk of cardiovascular disease, in the May 2021 issue of the American Heart Journal. CLEAR Outcomes is a Phase 3, event-driven, randomized, multicenter, double-blind, placebo-controlled trial designed to evaluate whether treatment with NEXLETOL reduces the risk of cardiovascular events in patients with or who are at high risk for CVD with documented statin intolerance and elevated LDL-C levels. The primary endpoint of the study is the effect of NEXLETOL on four-component major adverse cardiovascular events, or MACE. The study, which was fully enrolled in August 2019, includes over 14,000 patients at over 1,200 sites in 32 countries. Additionally, CLEAR Outcomes has enrolled about 6,000 patients with diabetes, with potential to further understand the impact of bempedoic acid on glycemic control. CLEAR Outcomes is designed to provide 90% power to detect an approximately 15% relative risk reduction in the primary endpoint in the bempedoic acid treatment group as compared to the placebo group. The trial is expected to complete with a minimum of 1,620 patients with an estimated median treatment duration of 3.5-4 years. This duration is considerably longer than other recently completed CVOT's and therefore, this study is anticipated to provide a thorough representation of the benefit-risk profile of bempedoic acid on key cardiovascular endpoints. Based on currently estimated MACE event rates, the CLEAR Outcomes trial is estimated to reach the target number of MACE primary endpoints in the second half of 2022. The 2020 approval of NEXLETOL in the U.S. was supported by a global pivotal Phase 3 LDL-C-lowering program conducted in more than 3,000 patients with atherosclerotic cardiovascular disease and/or heterozygous familial hypercholesterolemia. In these studies, NEXLETOL provided an average of 18% placebo-corrected LDL-C lowering at week 12 when used with maximally tolerated statins. The most common adverse reactions were upper respiratory tract infection, muscle spasms, hyperuricemia, back pain, abdominal pain or discomfort, bronchitis, pain in extremity, anemia and elevated liver enzymes. NEXLETOL is indicated as an adjunct to diet and maximally tolerated statin therapy for the treatment of adults with HeFH or established ASCVD who require additional lowering of LDL-C. The effect of bempedoic acid on cardiovascular morbidity and mortality has not been determined1. Please see important safety information below.
GE

Hot Stocks

08:18 EDT General Electric sees Industrial free cash flow growth in Q2 similar to Q1 - Comments taken from Q1 earnings conference call.
DARE

Hot Stocks

08:18 EDT Dare Bioscience to present results from Ovaprene PCT clinical study - Dare Bioscience announced that data from the Company's postcoital test clinical study of its novel investigational hormone-free monthly intravaginal contraceptive, Ovaprene, will be presented at the 2021 American College of Obstetricians and Gynecologists Annual Clinical and Scientific Meeting. The meeting will be conducted virtually from April 30 - May 2, 2021. The poster will present topline results from the Ovaprene PCT clinical study, a pre-pivotal, multi-center, open-label, non-significant risk device trial. In the PCT study, Ovaprene prevented essentially all progressively motile sperm from entering the cervical canal, a surrogate marker for contraceptive effectiveness. In PCT studies of similar size, products that demonstrated no motile sperm in the cervical mucus during PCT assessments later demonstrated "typical use" contraceptive effectiveness of 86-91% in pivotal contraceptive studies evaluating pregnancy rates over six-month periods. If approved, Ovaprene could be the first monthly non-hormonal prescription contraceptive product addressing an important unmet need in the contraceptive method mix.
RVNC

Hot Stocks

08:15 EDT Revance says 1st patient enrolled for DaxibotulinumtoxinA study by Fosun Pharma - Revance Therapeutic announced that Shanghai Fosun Pharmaceutical Industrial Development, Fosun Pharma Industrial, a wholly-owned subsidiary of Shanghai Fosun Pharmaceutical has initiated Phase 3 trials of DaxibotulinumtoxinA for Injection in China, for the treatment of glabellar lines and cervical dystonia. Both trials enrolled and dosed their first patients in April. China is a fast-growing market for neuromodulators, with an estimated aesthetics and therapeutics opportunity of $318 million in 2021 that is projected to increase to $762 million by 2027, 15.7% CAGR. "The initiation of Phase 3 clinical trials for the treatment of glabellar lines and cervical dystonia marks an important advancement in our international expansion efforts and partnership with Fosun Pharma," said Mark J. Foley, President and Chief Executive Officer at Revance. "Fosun Pharma is a leading pharmaceutical and healthcare company in China and we look forward to continuing our collaboration with them in order to bring our next-generation product to the second largest neuromodulator market in the world." Revance entered into a license agreement with Fosun Pharma Industrial in 2018, whereby Fosun Pharma Industrial received exclusive rights to develop
ZGNX

Hot Stocks

08:15 EDT Zogenix launches Global Access Program for FINTEPLA oral solution - Zogenix announced the launch of its new global access program for FINTEPLA oral solution. FINTEPLA was approved in the U.S. and European Union in 2020 as an add-on therapy for the treatment of seizures associated with a debilitating rare epilepsy called Dravet syndrome in patients aged two years and older. The Zogenix Access Program expands access for physicians in other parts of the world, where local regulations allow, including European countries where reimbursement has not yet been established. Zogenix has partnered with Durbin, a part of Uniphar Group's Product Access Division and a leading specialist in the international distribution of specialized pharmaceuticals, to manage the Zogenix Access Program for FINTEPLA. Durbin has extensive global experience providing, high-quality support while adhering to complex local requirements.
VTGN

Hot Stocks

08:14 EDT VistaGen Therapeutics announces appointment of Joanne Curley to board - VistaGen Therapeutics announced the appointment of Joanne Curley, Ph.D. to its board of directors. Following the appointment of Doctor Curley, VistaGen's board will be comprised of seven directors. "Joanne brings more than 25 years of pharmaceutical industry experience across numerous key operational and therapeutic areas," said Shawn Singh, CEO of VistaGen. "Her track record of propelling seven products from early development through regulatory approval is impressive and reflects her extensive experience and understanding of the entire life cycle of drug development. As we expand our business and pursue our mission to improve mental health and well-being for individuals in the U.S. and abroad, her tremendous leadership, creativity and expertise will be invaluable to VistaGen."
PTC MSFT

Hot Stocks

08:13 EDT PTC promotes Catherine Kniker to EVP and Chief Strategy Officer - PTC (PTC) announced that Catherine Kniker has been promoted to EVP and Chief Strategy Officer, replacing Kathleen Mitford who will leave PTC to join Microsoft (MSFT) as Corporate Vice President, Azure Marketing. PTC and Microsoft have a long-standing and strong alliance. During her tenure at PTC, Mitford held a range of executive roles, including leading the market and competitive strategy team, and then leading the company's core products group including the global research and development efforts. Most recently, as EVP and Chief Strategy Officer, Mitford was responsible for overseeing the company's strategy, corporate development, strategic alliances, corporate marketing, and academic programs. Mitford has helped define the company's strategy for growth in the Internet of Things, or IoT, Augmented Reality, and SaaS markets. Mitford is a frequent speaker and advocate for initiatives to drive inclusion, diversity, and women in technology. She has received leadership awards from the Massachusetts Technology Leadership Council and the Manufacturing Institute.
SMG

Hot Stocks

08:13 EDT Scotts Miracle-Gro announces 2021-2025 ESG business goals - The Scotts Miracle-Gro Company announced its new environmental, social and governance-driven business goals that will guide the company's sustainability strategy over the next five years. The goals, which were revealed with the release of ScottsMiracle-Gro's 2021 Corporate Responsibility Report, outline how the company will deliver on its corporate purpose--to GroMoreGood everywhere--for associates, communities, consumers and the environment throughout 2021 and beyond. ScottsMiracle-Gro has intensified its actions to align business practices over the past decade in ways that are good for the planet, people and communities. During 2019-2020, the company underwent a formal materiality assessment, following the guidelines of the Global Reporting Initiative, to prioritize its most important ESG opportunities and risks and to further align its sustainability goals and commitments with stakeholder priorities. Based on that assessment, five key areas of focus were identified to drive ScottsMiracle-Gro's sustainability strategy over the next five years: Product Stewardship and Safety; Operations and Supply Chain; Associate Engagement and Wellness; Community Engagement; Governance and Transparency. Some highlights from ScottsMiracle-Gro's recently announced ESG goals featured in their 2021 Corporate Responsibility Report include: Community Engagement: Connecting 10 million children to the benefits of gardens and greenspaces; Reaching 145 million Americans through environmental partnerships; Investing $2.5 million in criminal justice reform and economic inclusion initiatives within the cannabis space. Product Stewardship and Safety: Tripling the amount of recycled content in plastic packaging; Increasing consumer brand packaging that can be recycled or reused by 50%. Operations and Supply Chain: Utilizing established data collection process for emissions and waste in 100% of locations to establish baseline metrics and future improvement goals; Demonstrating improvement on identified "GroMoreGood" Goals among 75% of suppliers/ Associate Engagement and Wellness: Applying diagnostic data to identify strengths and areas of opportunity in the company's mission to ensure all associates are treated in a fair and equitable manner Continuing to provide holistic health and wellness programs to help people through their best and most challenging times, with the goal of enhancing their health, happiness and longevity.
GH

Hot Stocks

08:12 EDT Guardant Health announces collaboration with Daiichi Sankyo - Guardant Health announced a strategic collaboration with Daiichi Sankyo to pursue regulatory approval and commercialization of the Guardant360 CDx blood test as a companion diagnostic for Enhertu, a HER2-directed antibody-drug conjugate, or ADC, being studied in the treatment of patients with advanced metastatic non-small cell lung cancer, or NSCLC. The Guardant360 CDx test is FDA-approved to provide comprehensive genomic profiling results to guide treatment in all solid tumors, including NSCLC. Sequencing a broad number of genes to understand the molecular drivers of a patient's cancer is critical, as the number of treatment-relevant genomic alterations continues to grow.
AMK

Hot Stocks

08:11 EDT AssetMark Financial launches alternative investments by iCapital Network - AssetMark and iCapital Network announced the launch of AssetMark Alternative Investments by iCapital, a customized alternative investments service on the AssetMark platform. The solution provides a "curated selection of fully diligenced alternative investments with low minimums and a seamless end-to-end investing experience to support independent advisors in attracting and serving high-net-worth clients," the company said. AssetMark Alternative Investments augments the investment solutions available to independent registered investment advisors, or RIAs, on the AssetMark platform with alternative investment strategies designed to "address the diversification and return objectives of qualified HNW investors. The offering provides access to alternative investment managers professionally diligenced by iCapital, through a convenient, best-in-class user experience. It features an integrated, single sign-on with automated subscription and administration, document management, and reporting," the company stated.
DLA

Hot Stocks

08:11 EDT Delta apparel announces strategic partnership with Autoscale.ai - Delta Apparel announced a strategic partnership with Dallas-based Autoscale.ai to integrate its technology that automates the product design, marketplace listings and advertising management for online retail. DTG2Go is a market leader in the on-demand, direct-to-garment digital print and fulfillment industry, bringing technology and innovation to the supply chain of its customers. DTG2Go uses highly-automated factory processes and its proprietary software to deliver on-demand, high-quality digitally printed apparel direct to consumers on behalf of its customers. The strategic alliance between DTG2Go and Autoscale.ai brings the two technology-minded businesses together to provide a seamless solution to customers - from design to fulfillment. Through this strategic partnership, the Autoscale.ai technology will be integrated with DTG2Go to offer its customers an innovative solution for selling on-demand decorated apparel utilizing Autoscale's automated workflow for design creation, art and licensing management and ad-spending for online revenue. More specifically, Autoscale.ai enables one single design to be instantaneously transformed into hundreds of variations for broader consumer appeal. The patent-pending software then automatically optimizes the product descriptions and lists those products virtually across multiple online marketplaces. Utilizing data-driven analytics and advanced automation built into the software, customers can easily focus designs on consumer preferences and more efficiently utilize advertising to boost sales.
SCOR VIAC

Hot Stocks

08:11 EDT Comscore to expand agreement with ViacomCBS - Comscore (SCOR) announced an expanded renewal agreement to provide ViacomCBS (VIAC) with Comscore's National TV measurement currency for its leading portfolio of news, entertainment and sports networks. Comscore's partnership with ViacomCBS linear television measurement began in 2014 and quickly expanded to develop advanced audiences to support Viacom's industry leading Vantage Platform. The new, expanded agreement goes beyond advanced advertising, and will enable ViacomCBS to guarantee its traditional linear advertising campaigns on Comscore's National TV currency, a key element as the media and entertainment company looks to diversify its partnerships around measurement across both its linear and digital assets.
OXSQ

Hot Stocks

08:09 EDT Oxford Square Capital reports NAV of $4.88 as of March 31 - As of March 31, 2021, net asset value per share was $4.88, compared with the NAV per share of $4.55 at the prior quarter end.
DLTH

Hot Stocks

08:09 EDT Duluth Holdings appoints Sam Sato as president and CEO - Duluth Holdings has appointed retail industry veteran Samuel Sato as president and CEO, effective May 3, 2021. Sato will succeed founder Steve Schlecht who has guided the company as CEO since September 2019. Sato will report directly to the board of directors, and it is anticipated Sato will also become a member of the board on May 27, 2021. Also effective on May 27, 2021, Schlecht intends to transition to non-executive chairman of the board.
SHLS

Hot Stocks

08:08 EDT Shoals Technologies appoints Jeff Tolnar as SVP, electric vehicles solutions - Shoals Technologies Group announced the addition of four strategic senior hires to drive the Company's U.S. and international growth in the solar, energy storage and electric vehicle markets. Jeff Tolnar joins Shoals as SVP of Electric Vehicle Solutions. In this role, he is responsible for expanding Shoals' industry-leading solar EBOS solutions into the global EV market to enable more economical, efficient and higher quality EV charging infrastructure deployments. Mr. Tolnar was most recently Chief Commercial Officer for Shell Greenlots where he was responsible for the company's electric mobility solution sales, marketing, regulatory policy, sales operations, and partnerships. Brian Van Heel joins Shoals as VP of Sales in the U.S. In this role, he is responsible for overseeing U.S. sales of Shoals' EBOS solutions with a focus on delivering customized systems for solar and energy storage projects to meet specific customer needs. Prior to joining Shoals, Mr. Van Heel led U.S. sales for global companies such as Delta Electronics and Huawei Technologies. Josep Tienda joins Shoals as VP of Sales in EMEA and is responsible for growing Shoals' presence and EBOS sales in key international markets, including Spain, Brazil, Germany, Italy, Portugal and the Middle East. He most recently served as the EMEA Sales Director for Excelitas Technologies, where he was responsible for the Development and Execution of the Distribution commercialization strategy, leading EMEA sales and business development in the region since 2014. Kathy Heilmann joins Shoals as VP of Marketing/ In this role, she is responsible for driving brand development and growth strategies as Shoals grows its international presence and expands its EBOS leadership beyond solar to energy storage and EV charging. Previously, Ms. Heilmann was the Director of Marketing for the Americas at Canadian Solar, where she was instrumental in driving marketing programs in North and South America.
WIMI

Hot Stocks

08:07 EDT WiMi Hologram Cloud obtains patent for HMD for holographic AR systems - WiMi Hologram Cloud announced that it has obtained a patent for head-mounted display for holographic AR systems. This patent is the result of the independent research and development, which is conducive to further improve the intellectual property protection system, maintain the leading position in technology and enhance the core competitiveness of the company.
QUOT NLSN

Hot Stocks

08:07 EDT Quotient appoints Matthew Krepsik as chief analytics officer - Quotient (QUOT) announced that Matthew Krepsik has joined the company as chief analytics officer. In his new role, a first for Quotient, Krepsik will lead the company's data, analytics and measurement practice, which enables Quotient's advertiser and retailer partners to deliver high performing, data-driven marketing strategies fueled by insights into consumer purchase behavior. Krepsik brings to Quotient more than 15 years' experience with data analysis in various managerial roles at Nielsen (NLSN), where he most recently led attribution, media planning, and activation products.
PATH

Hot Stocks

08:07 EDT UiPath appoints Bettina Koblick Chief People Officer - Enterprise automation software company, UiPath announced the appointment of Bettina Koblick as its Chief People Officer. Koblick will report directly to UiPath co-founder and CEO Daniel Dines and will lead all aspects of the people function, from employer brand to talent acquisition through the entire employment lifecycle. Andreea Baciu, UiPath interim CPO, will become the Company's first Chief Culture Officer, reporting to Koblick and continuing to be part of Dines' leadership team. In this role, Baciu will work across the organization to continue building a winning team and nurturing a culture of belonging that aligns UiPath global inclusion and diversity goals with business outcomes. Koblick joins UiPath from ServiceMax where she served as Chief People Officer. She brings to UiPath deep experience based on her time with software companies that varied in scale and stage, from small private startups to Fortune 500 firm Symantec.
GRWG

Hot Stocks

08:06 EDT GrowGeneration to enter Mississippi's medical cannabis market - GrowGeneration announced it has signed a lease in Jackson, Mississippi, for the future site of a state-of-the-art GrowGen garden center. This will be the company's first location in the state of Mississippi, with 40,000 square feet of warehouse and showroom space, and will feature indoor vertical farming and controlled environment agriculture. Importantly, the opening of GrowGen's newest location will coincide with the implementation of Mississippi's new medical cannabis program, approved by voters in November.
MDT

Hot Stocks

08:06 EDT Medtronic receives approval from FDA to evaluate its TNM - Medtronic announced approval from the FDA to proceed with an investigational device exemption, or IDE, trial to evaluate its internally developed implantable tibial neuromodulation, or TNM, device - a therapy designed to provide relief from symptoms of bladder incontinence. The TITAN 1 Feasibility Study is a prospective, multicenter, feasibility study to characterize the procedure for the implantable TNM device in subjects with bladder incontinence.
MDT

Hot Stocks

08:05 EDT NeuroOne Medical receives approval from FDA to evaluate its TNM - Medtronic announced approval from the FDA to proceed with an investigational device exemption, or IDE, trial to evaluate its internally developed implantable tibial neuromodulation, or TNM, device - a therapy designed to provide relief from symptoms of bladder incontinence. The TITAN 1 Feasibility Study is a prospective, multicenter, feasibility study to characterize the procedure for the implantable TNM device in subjects with bladder incontinence.
ESTA

Hot Stocks

08:05 EDT Establishment Labs completes enrollment in Motiva Mia case series in Costa Rica - Establishment Labs announced it has completed enrollment in its one hundred patient Motiva Mia case series in Costa Rica. The Institutional Review Board, or IRB, approved study began in December 2020 and follows the initial 2019 case series in Asia. Establishment Labs also announced that is has submitted the tools used in the Motiva Mia breast enhancement procedure for CE mark. Fifteen board-certified plastic surgeons from Costa Rica, Sweden, England, Brazil, Austria, Italy, Belgium, and the United States participated in the case series. The single-center study is a prospective, interventional, single-arm, feasibility study of women 18 years or older in primary minimally invasive breast enhancement.
LSEA

Hot Stocks

08:05 EDT Landsea Homes to acquire Vintage Estate Homes for $54.6M in cash - Landsea Homes announced it has entered into a definitive agreement to acquire Vintage Estate Homes, a Florida-based homebuilder with communities in Florida and Texas. This transaction, once completed, would mark Landsea Homes' entry into the Florida and Texas housing markets. Landsea Homes intends to purchase Vintage Estate Homes for $54.6M in cash. This transaction is expected to close in early May, subject to the satisfaction of certain customary closing conditions.
KSS

Hot Stocks

08:04 EDT Sephora, Kohl's announce brands to debut in retail partnership this fall - Sephora, in partnership with Kohl's, announced more than 125 prestige beauty brands will be coming to Sephora at Kohl's this August as part of their new omni partnership. The curated Sephora at Kohl's assortment, available on Kohls.com and initially in 200 Kohl's stores in 2021, will have some of the most recognizable and coveted brands in makeup, skincare, hair, and fragrance and featured categories like Clean at Sephora. Some of the brands customers will discover include: Anastasia Beverly Hills, Benefit Cosmetics, Charlotte Tilbury, Fenty Beauty, ILIA, Lancome, Makeup By Mario, Make Up For Ever, Milk Makeup, NARS, Rare Beauty, Tarte, Too Faced, Drunk Elephant, Estee Lauder, Fenty Skin, Fresh, Glow Recipe, Kate Somerville, Ole Henriksen, Sol de Janeiro, Summer Fridays, Supergoop, Tatcha, The Ordinary, Youth to the People, Bumble and bumble, Briogeo Hair Care, Drybar, Olaplex, Armani, Gucci, Maison Margiela, Tom Ford, Viktor & Rolf, Yves Saint Laurent.
GSMG

Hot Stocks

08:02 EDT Glory Star New Media signs LOI to acquire YMT - Glory Star New Media Group Holdings announced that it has signed a non-binding letter of intent, or LOI, to acquire YMT Holding, or YMT, a leading integrated cross-border e-commerce platform in China. Pursuant to the LOI, Glory Star intends to issue restricted shares to acquire 100% YMT's equity where upon YMT will become a wholly owned subsidiary of Glory Star. The combined company will aim to become one of the leaders in a globalized, content-driven e-commerce industry, with an estimated user base of more than 300M people. Established in 2010 in China, YMT provides an independent cross-border e-commerce platform with over 100M registered users in 88 countries and over 800 thousand online products available for sale daily. Completion of the transaction is subject to, among other matters, the completion of due diligence, the negotiation of a definitive agreement providing for the transaction, and satisfaction of the conditions negotiated therein. Accordingly, there can be no assurance that a definitive agreement will be entered into or that the proposed transaction will be consummated.
CHK

Hot Stocks

08:02 EDT Chesapeake CEO Doug Lawler departs, Mike Wichterich named interim CEO - Chesapeake Energy announced the departure of Doug Lawler from his position as CEO of Chesapeake, effective April 30. Mike Wichterich, the Chair of Chesapeake's Board of Directors, will serve as Interim CEO while the Board of Directors conducts a search for a new CEO, which it expects to complete over the coming months.
OPRX

Hot Stocks

07:57 EDT OptimizeRx expands omni-channel platform reach at point-of-care - OptimizeRx announced its latest platform expansion at point-of-care with several new health information technology partnerships to further connect the digital channels used by healthcare professionals within the care setting. The expansion increases the reach of the OptimizeRx digital health and communications platform, unlocking new touchpoints for life science companies to engage providers both within and outside the electronic health record. The increased touchpoints amplify physician mindshare, and further diversify the platform's channel mix to address clients' challenges of customer access.
GRMN

Hot Stocks

07:56 EDT Garmin International, WellTeq launch health and wellness solution - Wellteq Digital Health is pleased to announce the Company has launched a comprehensive health and wellness solution in cooperation with Garmin International, Inc., a unit of Garmin and Singapore health and fitness leader UFIT. The combined services of Wellteq's employee wellness platform, Garmin wearables and UFIT's virtual and in-person health and fitness services - including group classes and 1:1 training sessions - caters to almost all employee wellness preferences and needs.
AFYA SFTBY

Hot Stocks

07:49 EDT Afya announces $150M investment from SoftBank Latin America Fund - Afya Limited (AFYA) announced that the SoftBank Latin America Fund (SFTBY) has agreed to purchase R$822M, equivalent to $150M, of Afya's Series A perpetual convertible preferred shares set forth on the Certificate of Designations, subject to customary closing conditions. In addition, Crescera Educacional II Fundo de Investimento em Participacoes Multiestrategia and the Esteves Family have agreed to sell 2,270,208 Class A common shares to SoftBank. In connection with such sale, Paulo Passoni from Softbank will be appointed as a board member of Afya within the next 30 days. SoftBank and its affiliates will beneficially own approximately 8.4% of the total shares of the Company. The company intends to use the proceeds to fund future acquisitions and investments in complementary businesses, products or technologies.
PYR

Hot Stocks

07:47 EDT PyroGenesis sings binding LOI to acquire AirScience Technologies for $4.8M - PyroGenesis Canada is pleased to announce that it has signed a binding Letter of Intent, which outlines the terms and conditions pursuant to which PyroGenesis would acquire AirScience Technologies Inc for $4.8MM. The LOI is binding on AST, but it is only binding on PyroGenesis if in its sole opinion, it is satisfied with the final due diligence currently in progress. The option to satisfy the Purchase Price in shares or cash is at the sole discretion of the buyer, and will only be made on, or about, final closing. AST is a Montreal-based company that designs and builds gas upgrading systems, Pyrolysis-Gas Purification, Coke-Oven Gas Purification as well as providing Biogas & Landfill-Gas Flares and Thermal Oxidizers.
CROX

Hot Stocks

07:47 EDT Crocs jumps 8% to $92.00 after Q1 results beat estimates
EFX

Hot Stocks

07:46 EDT Equifax and Revolut announce new strategic relationship - Equifax and global fintech Revolut announced a new strategic relationship. Used by more than 15M people globally to make over 100M transactions a month, Revolut has selected Equifax to better serve its customers in the United States and provide a more diverse range of services. Equifax was chosen for the ability to provide cloud-native differentiated data assets and real-time predictive analytics for a faster, more informed view of customers and prospects.
SYY

Hot Stocks

07:46 EDT Globally Local enters agreement with Sysco - Globally Local announced it has entered into an agreement with Sysco to distribute Globally Local's proprietary manufactured products (such as meat and dairy alternatives) throughout North America. The agreement enables Globally Local to efficiently supply its products to its current and future restaurants throughout Canada and the U.S.
WPDPF

Hot Stocks

07:43 EDT WPD Pharmaceuticals to present assumptions of WPD-201P Clinical Trial Protocol - WPD Pharmaceuticals is pleased to announce that it will attend the 10th Annual Congress of the Polish Society of Pediatric Oncology and Hematology to be held on May 6-8, 2021. During the Congress, WPD will present the key assumptions of the WPD-201P Clinical Trial Protocol, which is planned to start in Q2 2021, as a part of the research project: "New approach to glioblastoma treatment addressing the critical unmet medical need", granted by National Research and Development Center and co-financed by the European Union, under the Smart Growth Operational Program 2014-2020. Berubicin is a second-generation anthracycline candidate for the treatment of a number of Central Nervous System Cancers, including Glioblastoma Multiforme and Malignant Gliomas. Anthracyclines are designed to utilize natural processes to induce deoxyribonucleic acid damage in targeted cancer cells by interfering with the action of topoisomerase II, a critical enzyme enabling cell proliferation. Berubicin was developed by Dr. Waldemar Priebe, Professor of Medicinal Chemistry at The University of Texas MD Anderson Cancer Center, and demonstrated positive responses that include one durable complete response in a Phase 1 human clinical trial conducted previously by Reata Pharmaceuticals. WPD also announces it has engaged Strikepoint Media, to provide digital marketing and brand awareness support. The Company has agreed to pay Strikepoint $50,000 for a 3 month digital media term commencing on April 26, 2021. Strikepoint will not receive any securities of the Company as compensation for their services.
INM

Hot Stocks

07:43 EDT InMed Pharmaceuticals announces voluntary delisting from TSX - InMed Pharmaceuticals announced that, based on the strong trading data on the Nasdaq, it has provided written notice to the Toronto Stock Exchange, or TSX, regarding the voluntary delisting of its common shares. InMed's common shares will continue to be listed and tradable on the Nasdaq under "INM". The company believes that the trading volume of its shares on the TSX no longer justifies the expense and administrative efforts associated with maintaining this dual listing. InMed's listing on Nasdaq provides its shareholders with good liquidity, as Nasdaq has accounted for approximately 86% of its trading volume since its November 12, 2020 listing. "The substantial savings in exchange fees, legal fees, and managerial time and effort to maintain a dual listing can be redirected into scientific programs, further advancing the business of the company," the company said.. InMed's common shares will continue to be listed and traded on Nasdaq and its Canadian shareholders' existing shares will trade through their brokers on the Nasdaq stock exchange. InMed anticipates that its common shares will be delisted from the TSX at the close of trading on or about May 7. "As most brokers in Canada, including discount and online brokers, have the ability to buy and sell securities listed on Nasdaq, InMed's Nasdaq listing will continue to provide shareholders with the same accessibility to trade the company's common shares. Shareholders holding shares in Canadian brokerage accounts should contact their brokers to confirm how to trade InMed's shares on the Nasdaq exchange," the company stated.
RVLGF

Hot Stocks

07:42 EDT Revival Gold commences trading on OTCQX Market - Revival Gold announces that its common shares are now trading on the OTCQX market in the United States under the ticker symbol "RVLGF". Revival Gold will continue to trade on the TSX Venture Exchange in Canada as its primary listing under the symbol "RVG".
BBI

Hot Stocks

07:41 EDT Brickell Biotech completes patient enrollment in Phase 3 Cardigan I study - Brickell Biotech announced completion of patient enrollment in the Phase 3 pivotal Cardigan I study and that the Cardigan II study has surpassed 50% enrollment. Both studies are evaluating sofpironium bromide gel, 15% in patients with primary axillary hyperhidrosis. Brickell's U.S. Phase 3 clinical program for sofpironium bromide gel, 15% is comprised of two pivotal clinical studies, Cardigan I and Cardigan II. Each study is expected to enroll approximately 350 subjects nine years of age and older with primary axillary hyperhidrosis. The studies are multicenter, randomized, double-blinded, vehicle-controlled studies evaluating the efficacy and safety of topically applied sofpironium bromide gel, 15%. Subjects will apply sofpironium bromide gel, 15% or placebo to their underarms once daily at bedtime for 6 consecutive weeks, with a 2-week post-treatment follow-up. The co-primary efficacy endpoints of both studies include the proportion of subjects achieving at least a 2-point improvement on the Hyperhidrosis Disease Severity Measure-Axillaryscale, a proprietary and validated patient-reported outcome measure, and change in gravimetric sweat production, each from baseline to end of treatment. Safety and tolerability assessments will be performed throughout the studies. The company expects to announce results from the Cardigan I and Cardigan II clinical studies in the fourth quarter of 2021. If successful, the results from the studies are expected to form the basis of a prospective New Drug Application in the U.S. for sofpironium bromide gel, 15% for the treatment of primary axillary hyperhidrosis.
TRX

Hot Stocks

07:38 EDT Tanzanian Gold announces James Sinclair retires as executive chairman - Tanzanian Gold announced it "would like to congratulate its founder, James Sinclair on recently turning 80 years old, and announce that Sinclair has retired as executive chairman to continue service as chairman of the board of directors for the company. TanGold has had the privilege of being founded and directed since 2000 by the leadership of the renowned James Sinclair. It is with profound gratitude that the company acknowledges his contribution to the present success and long-term resilience of our enterprise. The company is on the path to further achievements which stem from the foundation created by Sinclair."
MNMD

Hot Stocks

07:34 EDT MindMed begins trading on Nasdaq Capital Market - MindMed is pleased to announce the start of trading on The Nasdaq Capital Market. Trading will begin on Tuesday, April 27, under the symbol "MNMD" on the Nasdaq. As a reminder, MindMed will retain its listing on the Neo Exchange under the symbol "MMED". Once trading begins, the company's subordinate voting shares will convert from the OTCQB under the symbol "MMEDF" to the new symbol "MNMD".
ALDX

Hot Stocks

07:32 EDT Aldeyra gets statistical significance for primary endpoint for reproxalap - Aldeyra Therapeutics announced positive top-line results from the Phase 3 INVIGORATE Clinical Trial of 0.25% reproxalap ophthalmic solution, reproxalap, an investigational new drug, in patients with allergic conjunctivitis. The clinical trial successfully achieved statistical significance for the primary endpoint and all secondary endpoints. "The statistically significant superiority of reproxalap over vehicle across all allergic conjunctivitis symptoms and signs assessed in INVIGORATE is remarkable, and suggests utility in one of the world's most common ocular surface diseases," stated Todd C. Brady, M.D., Ph.D., President and CEO of Aldeyra. "We believe the consistent activity observed across chamber models in allergic conjunctivitis and dry eye disease bodes well for the commercial positioning of reproxalap as potentially the only broadly applicable topical anterior segment immune-modulating drug that may be used for chronic treatment, if approved for marketing." The randomized, double-masked, vehicle-controlled, two-way crossover design allergen chamber Phase 3 INVIGORATE Trial enrolled 95 allergic conjunctivitis patients. The primary efficacy endpoint was change from baseline in subject-reported ocular itching score on a 0-4 point scale over a majority of 11 timepoints from 110 to 210 minutes after allergen chamber entry. The key secondary endpoint was change from baseline in ocular redness on a 0-4 point scale over the duration of the allergen chamber (approximately 3.5 hours).
EQOS

Hot Stocks

07:31 EDT Diginex enters strategic partnerships with Kronos Research, Parallel - Diginex announced that it has entered into strategic partnerships with algorithmic trading firm Kronos Research, and institutional liquidity provider Parallel. As part of the partnerships, both Kronos and Parallel will serve as liquidity providers on EQUOS, the cryptocurrency exchange platform of Diginex, and become shareholders in Diginex. Fees paid by both partners will also secure them EQO, the unique exchange token of EQUOS. The addition of Kronos and Parallel as liquidity providers, follows an announcement made earlier this year, that Diginex had entered into an agreement with GSR to become a liquidity provider for EQUOS, and a shareholder of Diginex.
ALDX

Hot Stocks

07:30 EDT Aldeyra trading resumes
AIM

Hot Stocks

07:25 EDT AIM ImmunoTech completes dosing of Cohort 2 in Phase 1 study of Ampligen - AIM ImmunoTech announced that it has completed dosing of Cohort 2 in a Phase 1 clinical study to assess the safety, tolerability and biological activity of Ampligen as an intranasal therapy, reporting no serious adverse events. AIM also reported no SAEs in Cohort 1. The study will proceed with enrollment into Cohort 3. The clinical study is crucial for the company's ongoing efforts to develop Ampligen as a potential prophylaxis or treatment for COVID-19 and other respiratory viral diseases The Centre for Human Drug Research, an independent institute located in Leiden in the Netherlands, is conducting the clinical study AMP-COV-100, titled "A Phase I, Randomized, Double-Blind, Placebo-Controlled Study to Evaluate the Safety and Activity of Repeated Intranasal Administration of Ampligen in Healthy Subjects." AIM is sponsoring and funding the clinical study. The study protocol calls for a total of 40 healthy subjects to receive repeated administration of either Ampligen or a placebo. Subjects in Cohort 1 received 75 undefined of Ampligen, while subjects in Cohort 2 received 200 undefined of Ampligen. The dosage will escalate to 500 undefined in the next cohort, Cohort 3, with the highest level of 1250 undefined planned for Cohort 4. AIM will continue to provide interim updates on the clinical trial.
LOGC

Hot Stocks

07:24 EDT LogicBio Therapeutics issues update on SUNRISE Phase I/II trial of LB-001 - LogicBio Therapeutics announced an update on screening and enrollment activities for the SUNRISE Phase I/II clinical trial of LB-001, the company's investigational treatment for methylmalonic acidemia based on LogicBio's proprietary gene insertion platform, GeneRide. "The first two patients who entered pre-dosing screening activities did not meet all of the enrollment criteria for the SUNRISE trial, each for different reasons, and we will continue to screen additional patients in the coming weeks," said Daniel Gruskin, M.D., senior vice president and head of clinical development at LogicBio. "With COVID-19 restrictions being lifted in some U.S. states, additional clinical trial sites have recently been activated and have begun recruiting and screening patients." "We expect to enroll our first patient in the SUNRISE trial by mid-year 2021, which represents a slight delay from our earlier communications," said Frederic Chereau, president and CEO of LogicBio. "We are also pleased to report that we have pre-identified enough patients to fully enroll SUNRISE, assuming a certain number of screening failures."
AKTS

Hot Stocks

07:24 EDT Akoustis announces issuance of nine new patents covering XBAW, Wifi 6, 5G, C-V2X - Akoustis Technologies announced the issuance of nine new patents related to its innovative BAW resonators, piezoelectric materials, XBAW manufacturing process, wide-bandwidth RF filters and its applications in 5G mobile and other wireless devices. The new issuances bring the total number of Akoustis' patents to 47, with 78 additional patents pending as of April 23. The newly issued patents include the following: XBAW - Structure and Method of Manufacture for Acoustic Resonator or Filter Devices; XBAW - Structure and Method of Manufacture for Acoustic Resonator or Filter Devices; XBAW - Monolithic Single Chip Integrated RF Front End Module Configured with Single Crystal Acoustic Filter Devices; 5G - Band n79 Acoustic Wave Resonator RF Filter Circuit; WiFi 6 - 5.2 GHz WiFi Coexistence Acoustic Wave Resonator RF Filter Circuit; WiFi 6 - 5.2 GHz WiFi Acoustic Wave Resonator RF Filter Circuit; WiFi 6 - 5.6 GHz WiFi Acoustic Wave Resonator RF Filter Circuit; WiFi 6E - 5.5 GHz WiFi 5G Coexistence Acoustic Wave Resonator RF Filter Circuit; and Automotive - 5.9 GHz C-V2X and DSRC Acoustic Wave Resonator RF Filter Circuit.
LTRX

Hot Stocks

07:23 EDT Lantronix announces use of xDirect Server in development of Sickbay IoT solution - Lantronix announced that its xDirect Server was used in the development of Medical Informatics Corp.'s Sickbay solution, a single, FDA-cleared virtual care and analytics platform. Sickbay transforms data into actionable information to help patient care teams make better, faster decisions and save lives.
LOGC

Hot Stocks

07:23 EDT LogicBio Therapeutics signs agreement with Daiichi Sankyo - LogicBio Therapeutics announced the signing of a research collaboration and exclusive option agreement with Daiichi Sankyo Company. Under the terms of the agreement, the companies will collaborate on the development of treatments for two undisclosed indications based on GeneRide, LogicBio's proprietary gene insertion platform. The agreement also grants Daiichi Sankyo an option to negotiate and acquire worldwide licenses for LogicBio's development programs in these two indications. Financial terms of the collaboration are not disclosed. The GeneRide platform harnesses a cell's natural DNA repair process leading to durable therapeutic protein expression levels.
CSTL MYGN

Hot Stocks

07:22 EDT Castle Biosciences to acquire myPath Laboratory from Myriad Genetics for $32.5M - Castle Biosciences (CSTL) announced it has signed a definitive agreement to acquire all of the equity of Myriad myPath from Myriad Genetics (MYGN). Myriad myPath Laboratory is a CLIA-certified laboratory in Salt Lake City, where the myPath Melanoma 23-gene expression profile, or GEP, test was developed and is currently owned and offered. Castle is acquiring Myriad myPath Laboratory for $32.5M. Castle will finance the acquisition price with cash and cash equivalents on hand. The transaction is expected to close approximately four weeks post signing, at which time Castle will be the successor owner of Myriad myPath Laboratory. The transaction is subject to customary conditions to closing. MyPath Melanoma is a clinically validated GEP test designed to be used as an adjunct to histopathology when the distinction between a benign nevus and a malignant melanoma cannot be made confidently by histopathology alone. Castle currently offers DecisionDx DiffDx-Melanoma, a 35-GEP test designed to characterize difficult-to-diagnose melanocytic lesions. MyPath Melanoma is a distinct test, which Castle anticipates will complement its current offerings.
OC

Hot Stocks

07:21 EDT Owens Corning appoints Gina Beredo as EVP, General Counsel - Owens Corning announced the appointment of Gina Beredo as Executive Vice President, General Counsel and Corporate Secretary, effective June 9, 2021. She will be responsible for overseeing global legal operations, government affairs, and corporate affairs. Ms. Beredo will join Owens Corning from Nordson Corporation, a global designer and manufacturer of dispensing equipment for consumer and industrial adhesives, sealants, and coatings, where she served for eight years, most recently as Executive Vice President, General Counsel and Corporate Secretary. "Gina brings more than two decades of experience working across multiple industries. She has a proven track record leading high-performing teams, supporting business growth, and advising public boards. We are pleased to add such a talented leader to our executive team as her broad expertise will be valuable as our company continues to grow and execute on its long-term objectives," said Brian Chambers, Chairman and Chief Executive Officer.
FNCH

Hot Stocks

07:21 EDT Finch Therapeutics appoints Susan Graf to board of directors - Finch Therapeutics announced that Susan Graf has joined Finch's board of directors and will serve as chair of the Audit Committee. Graf is a biopharma executive with more than 25 years of experience and currently serves as CEO of Akamara Therapeutics.
TGT

Hot Stocks

07:20 EDT Target announces collaboration with interior stylist Hilton Carter - Target announced its limited-time-only collaboration with plant enthusiast and interior stylist Hilton Carter. More than 20 years ago, Target pioneered the concept of designer collaborations, and has since continued to introduce new and exciting collections with both well-established and emerging partners. Hilton Carter for Target, the retailer's first limited-edition collection with a plant stylist, features modern and approachable styles of live and faux plants and accessories designed to spread joy and encourage guests to bring the outside in. With more than 65 products ranging in price from $5-$130, Hilton Carter for Target will be available May 14 on Target.com and in select Target stores.
ARAV

Hot Stocks

07:18 EDT Aravive announces first patient dosed in Phase 3 trial evaluating AVB-500 - Aravive announced the company has dosed the first patient in its Phase 3 trial of AVB-500 in platinum resistant ovarian cancer. The trial is evaluating the efficacy of AVB-500 in combination with paclitaxel and the primary endpoint is progression free survival. In the Phase 1b clinical trial, AVB-500 was well-tolerated with a favorable safety profile and had promising clinical responses in patients who achieved minimal efficacious concentration in a subset analysis, which supported the Phase 3 trial design. "Aravive has simplified the Phase 3 trial's statistical analysis plan to include a single prospectively defined interim analysis to determine whether randomization will continue with all patients, regardless of prior bevacizumab treatment, or only with patients medically ineligible to receive bevacizumab or who chose not to receive bevacizumab," the company said. The final analysis of the primary endpoint preserves the opportunity to evaluate the efficacy in patients who received bevacizumab prior to study entry, as well as those patients who never received bevacizumab. This provides an additional opportunity to be successful in both patient populations, regardless of the results of the interim analysis. Analysis of pretreatment serum sAXL/GAS6 will be conducted to determine whether it can identify patients who benefit from AVB-500 plus paclitaxel, but it will not be used in an interim analysis to select patients since the company believes the trial, which is expected to enroll 300-400 patients, is well-powered for the anticipated treatment effect without the need for biomarker enrichment. The primary endpoint of the trial remains progression free survival by RECIST 1.1, a standard method of assessing clinical activity in this patient population and the accepted regulatory endpoint for full approval. The secondary endpoint is overall survival.
SHW

Hot Stocks

07:17 EDT Sherwin-Williams CEO says 'our businesses are extremely well positioned' - Commenting on the company's outlook, CEO John Morikis noted, "While we are very encouraged with our strong start to the year in a seasonally smaller quarter and continuing strength in the demand environment, our full year adjusted earnings guidance remains unchanged given the near-term uncertainty of raw material availability and cost inflation. Despite the uncertainties, our businesses are extremely well positioned, and we remain confident in our long-term ability to grow faster than the market. We look forward to our June 8th Financial Community Presentation, where we will provide an update on full year sales and EPS guidance, business demand trends, raw material dynamics, technology investments, and our robust ESG initiatives."
LAD

Hot Stocks

07:16 EDT Lithia Motors acquires Planet Honda in Union, New Jersey - Lithia Motors & Driveway announced it has acquired one of the largest Honda dealerships in the country, Planet Honda, located in Union, New Jersey with expected annual revenues in excess of $200M. This purchase brings LAD's total annualized revenues acquired to over $6.7 billion since the launch of its five-year plan ten months ago. "We continue our accelerated pace of acquisitions and are well ahead of our target of acquiring $4 billion in annualized revenues each year," said CEO Bryan DeBoer. "With the most robust and active pipeline in our history, we expect 2021 to be a banner year as we progress toward our five-year plan of $50 billion in revenue and $50 earnings per share. "This transaction was financed using free cash flow and existing on-balance sheet capacity.
PTGX

Hot Stocks

07:16 EDT Protagonist completes enrollment for Phase 2 study of rusfertide - Protagonist Therapeutics announced the completion of enrollment for the Company's Phase 2 study of rusfertide, or PTG-300, in polycythemia vera, or PV. Enrollment easily exceeded the targeted 50 evaluable patients for the study. Those patients eligible for enrollment, but unable to participate in the Phase 2 study, will have the opportunity to enroll in the planned upcoming Phase 3 study, which was announced in March. The Company will provide an interim update on the Phase 2 study at a major medical meeting in the Q2. The Phase 2 study of rusfertide in PV consists of an open-label dose finding phase, followed by a blinded withdrawal phase and an open-label extension. Preliminary data from the Phase 2 study indicated rusfertide's potential to maintain hematocrit to target levels per guidelines set by the National Comprehensive Cancer Network, or NCCN. PV patients face a higher risk of thrombotic events, including heart attack and stroke, when hematocrit levels are not maintained at target levels.
HCDI

Hot Stocks

07:15 EDT Harbor Custom Development closes 23 developed lots for $1.72M - Harbor Custom Development announced that it has closed on 23 developed single family lots for $1.72M in the Siena Creek subdivision in Horseshoe Bay, Texas, located approximately 53 miles west of Austin. On March 10, 2021, Harbor Custom Homes announced entering a contract to acquire a total of 30 lots in Sienna Creek and now anticipates acquiring a total of 34. The 11 remaining lots are scheduled to close during the second and third quarters of 2021.
SCL

Hot Stocks

07:15 EDT Stepan Company believes heightened demand for products will continue - "The Company delivered record quarterly earnings in the first quarter of 2021," said F. Quinn Stepan, chairman and CEO. "Looking forward, we believe our Surfactant volumes in the North American consumer product end markets should recover following the supply chain disruptions caused by the severe weather in Texas. We believe that heightened consumer demand for disinfection, cleaning and personal wash products will continue. We anticipate that demand for surfactants within the agricultural and oilfield markets will improve versus 2020. Global demand for rigid polyols continues to recover from pandemic-related delays and cancellations of re-roofing and new construction projects. This gradual recovery, combined with our first quarter 2021 acquisition of INVISTA's aromatic polyester polyol business, should position our Polymer business to deliver growth versus prior year. We believe the long-term prospects for rigid polyols remain attractive as energy conservation efforts and more stringent building codes are expected to continue. We anticipate our Specialty Product business results will improve slightly year-over-year. Despite current raw material price increases and some supply constraints, we are cautiously optimistic about the remainder of the year."
SURF

Hot Stocks

07:15 EDT Surface Oncology names Henry Rath CBO, Alison O'Neill CMO, Jessica Fees CFO - Surface Oncology announced the appointment of Henry Rath as chief business officer, and the promotions of Alison O'Neill, M.D. to chief medical officer and Jessica Fees to chief financial officer. Prior to joining Surface, Henry worked at TScan Therapeutics, Seres Therapeutics, Amgen, Catabasis and Baxter Biopharmaceuticals. Surface also announced the following internal promotions of key senior executives. Dr. Alison O'Neill, who joined Surface in 2018, to chief medical officer. Dr. O'Neill previously served as senior vice president of clinical development. Jessica Fees to chief financial officer. Ms. Fees has over 20 years of progressive experience and responsibility in finance and operations, including most recently serving as senior vice president of finance at Surface.
TIL

Hot Stocks

07:13 EDT Instil Bio receives orphan drug designation for ITIL-168 in melanoma - Instil Bio received orphan drug designation from the Food and Drug Administration for the treatment of melanoma stages IIB to IV with its ITIL-168 TIL therapy. "The Orphan Drug Designation incentivizes biotech companies to develop new therapies that are important for patients. We are pleased to advance development of ITIL-168 for the treatment of melanoma stages IIB to IV with this designation," said Bronson Crouch, CEO of Instil.
LOGC

Hot Stocks

07:12 EDT LogicBio Therapeutics announces strategic collaboration with CANbridge Pharma - LogicBio Therapeutics announced a strategic collaboration and option agreement with CANbridge Pharmaceuticals, a biopharmaceutical company delivering life-changing therapeutics built upon a foundation in China. Under the terms of the agreement, CANbridge is granted an option to an exclusive license for LB-001, an investigational in-vivo gene editing technology based on LogicBio's GeneRide platform for the potential treatment of methylmalonic acidemia in Greater China. CANbridge would assume responsibility and costs for all future development, regulatory, commercial, and potentially manufacturing activities in the territory upon exercise of said option.The agreement also grants CANbridge a worldwide license for the adeno-associated virus sL65, the first capsid produced from LogicBio's sAAVyTM platform, and development support on gene therapy candidates for the treatment of Fabry and Pompe disease plus two optional indications. LogicBio is eligible to receive an upfront payment of $10M. This payment triggers the development of two gene therapy candidates for Fabry and Pompe disease based on AAV sL65. In addition, it grants options for a LB-001 license in Greater China and two additional undisclosed gene therapy programs. The agreement also includes options payments, clinical, regulatory and commercial milestone payments of up to $581 million and up to double-digit royalties on net sales.
ALKS

Hot Stocks

07:12 EDT Alkermes begins ARTISTRY-6 global phase 2 trial - Alkermes announced the initiation of ARTISTRY-6, a global phase 2 trial evaluating the anti-tumor activity, safety and tolerability of nemvaleukin alfa, or nemvaleukin, monotherapy in patients with melanoma who have been previously treated with anti-PD-L therapy. The study will evaluate intravenously administered, or IV, nemvaleukin in patients with mucosal melanoma and subcutaneously administered, or SC, nemvaleukin in patients with advanced cutaneous melanoma. Nemvaleukin, Alkermes' lead immuno-oncology candidate, is a novel, investigational engineered interleukin-2, or IL-2, variant immunotherapy. Nemvaleukin was granted orphan drug designation for the treatment of mucosal melanoma by the FDA in March. ARTISTRY-6 is designed to evaluate the anti-tumor activity, safety and tolerability of IV nemvaleukin in patients with mucosal melanoma.
MYGN CSTL

Hot Stocks

07:12 EDT Myriad Genetics to sell Myriad myPath Melanoma Laboratory for $32.5M - Myriad Genetics (MYGN) announced that it has signed a definitive agreement to sell the Myriad myPath Melanoma Laboratory, which is the laboratory that offers the myPath Melanoma test, to Castle Biosciences (CSTL) for $32.5M in cash. Castle Biosciences is a specialty laboratory focused on advanced diagnostics for dermatologic cancers. myPath Melanoma has been used by almost 40,000 patients to guide treatment decisions and has been ordered by approximately 20% of dermatopathologists in the country. The deal is subject to customary closing requirements and Myriad expects the transaction to close in its fiscal second quarter.
MRNA

Hot Stocks

07:10 EDT DNA Script partners with Moderna to develop on-demand vaccines, therapeutics - DNA Script announced a partnership with Moderna to develop a prototype for rapid mobile manufacturing of vaccines and therapeutics as part of the Defense Advanced Research Projects Agency's Nucleic Acids On-Demand World-Wide Program. The partnership will employ DNA Script's novel enzymatic synthesis platform to quickly generate high-fidelity nucleic acids without the use of hazardous chemical solvents to power Moderna's existing manufacturing technology for the rapid production of messenger RNA therapeutics and vaccines. As part of the agreement, DNA Script will receive up to $5M in grant funding from DARPA.
ADT AMZN

Hot Stocks

07:10 EDT ADT Inc. brings trademark suit against Amazon's Ring - ADT (ADT) brought an action for willful trademark infringement, unfair competition, and related violations against Ring, an Amazon company (AMZN) and provider of smart home security devices. The company said, "In March 2021, the complaint asserts, Ring adopted a blue octagon mark that is virtually indistinguishable from ADT's iconic blue octagon mark, which is protected under numerous federal trademark registrations. ADT's blue octagon is iconic in the security market, proudly displayed on lawn signs and stickers at the homes and businesses of ADT's more than 6.5 million customers across the United States. Following an attempt to imitate ADT's lawn signs, Ring went further and blatantly assimilated ADT's logo into its Ring Alarm Outdoor Siren, according to the complaint. The infringement constitutes Ring's second attempted theft of ADT property. In 2017 Ring obtained an unauthorized copy of a software platform, related trade secrets, and other assets that ADT had spent two years and millions of dollars developing, the complaint explains. ADT brought suit in Delaware and succeeded in enjoining Ring from using the stolen platform before Ring settled with ADT. Now operating as an Amazon company, Ring is again attempting another open theft-this time the theft of ADT's iconic trademark-"seeking to tout a reputation for trust to potential customers that it has not earned," the complaint asserts. Ring believes it can trick consumers who will see a solid blue octagon and believe it is ADT, the most trusted brand in security. As the complaint asserts, "Indeed, even though the blue octagon mark that Ring is using includes the Ring name, ... people will believe that Ring is providing a security service on par with ADT-or, worse, that Ring is providing its security service in partnership with ADT." ADT's suit alleges willful trademark infringement, unfair competition, and false designation of origin under the Lanham Act, 15 U.S.C. SectionSection 1114 and 1125(a); common law trademark infringement; violation of Florida Unfair Competition Law; and Trademark Dilution under the Lanham Act, 15 U.S.C. Section 1125(c) and under Fla. Stat. Section 495.151."
FCF

Hot Stocks

07:08 EDT First Commonwealth raises quarterly dividend 4.5% to 11.5c per share - First Commonwealth Financial Corporation declared a common stock quarterly dividend of 11.5c per share, which represents a 4.5% increase from the previous quarter. The cash dividend is payable on May 21, 2021 to shareholders of record as of May 7, 2021. This dividend represents a 3.2% projected annual yield utilizing the April 26, 2021 closing market price of $14.34.
RMTI

Hot Stocks

07:06 EDT Rockwell Medical announce marketing approval for Triferic ANU in Canada - Rockwell Medical announced that Triferic AVNU received a Notice of Compliance from Health Canada for the replacement of iron to maintain hemoglobin in adult patients with hemodialysis-dependent chronic kidney disease. Rockwell Medical expects Triferic AVNU to become commercially available in Canada during 2022. "The approval of Triferic AVNU by Health Canada is the first international regulatory approval for our intravenous therapy and marks important progress for our strategy to bring Triferic to markets around the world," said Russell Ellison, M.D., president and CEO of Rockwell Medical. "There are more than 20,000 Canadians undergoing dialysis. We expect Triferic AVNU to be an important new treatment option for dialysis clinics and the patients they serve."
IVZ

Hot Stocks

07:06 EDT Invesco increases quarterly cash dividend 10% to 17c per share - The company is announcing a first quarter cash dividend of 17c per share to holders of common shares, an increase of 10%. The dividend is payable on June 3 to common shareholders of record at the close of business on May 11, with an ex-dividend date of May 10.
F

Hot Stocks

07:02 EDT Ford to build new light commercial vehicle in Romania in 2023 - Ford confirmed that it will invest $300M to build a new light commercial vehicle in 2023 at its Craiova Assembly Plant in Romania, including an all-electric version due to debut in 2024 - the first all-electric Ford volume vehicle to be built in Romania. "Adding an all-electric version in 2024 means Craiova will be our third facility in Europe to build an all-electric vehicle. It follows recent investments this year in the Ford Cologne Electrified Vehicle Center in Germany and Ford Otosan's Kocaeli plant in Turkey and sends another clear signal that we are on an accelerated path to providing our commercial vehicle customers with a zero emissions future in Europe," said Stuart Rowley, president, Ford of Europe.
ALDX

Hot Stocks

07:01 EDT Aldeyra trading halted, news dissemination
RTX

Hot Stocks

06:59 EDT Raytheon Technologies reports Q1 backlog $147.4B - Backlog at the end of Q1 was $147.4B, of which $82.2B was from commercial aerospace and $65.2B was from defense.
BDX

Hot Stocks

06:53 EDT Becton Dickinson, CerTest announce addition of saliva to VIASURE SARS-CoV-2 - CerTest Biotec, along with Becton Dickinson announced the VIASURE SARS-CoV-2 Real Time PCR Detection Kit for the BD MAX Molecular Diagnostic System can now be run on saliva specimens. The company said this allows BD MAX System users more flexibility with three alternatives for specimen collection: nasopharyngeal, oropharyngeal and saliva. This kit, CE marked to the IVD Directive detects all currently identified variants of SARS-CoV-2.
KTB

Hot Stocks

06:52 EDT Kontoor Brands, Panda Biotech expand collaboration - Kontoor Brands announced an expansion of its collaboration with Dallas-based Panda Biotech, "an emerging leader in the industrial hemp fiber industry." With this collaboration, Kontoor Brands and Panda Biotech are working to bring traceability and scale to the textile-grade cottonized hemp grown and processed in the United States. Through the Panda Biotech collaboration, which first kicked off in 2019 after the passing of the Agriculture Improvement Act of 2018, Kontoor Brands plans to have U.S. grown and processed hemp in market in its denim apparel by 2023.
OMF

Hot Stocks

06:51 EDT OneMain Holdings sees FY21 C&I segment interest expense 5%-5.2% - Lowering FY21 credit loss expectation to ~5%, driven by strong delinquency trends. Says origination trends expected to improve as the economy re-opens and consumer spending ramps up. Sees FY21 C&I operating expense growth 5%-7%. Comments taken from Q1 earnings conference call presentation slides.
BP

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06:50 EDT BP expects 2021 reported upstream production to be lower than 2020 - The company said, "We now expect disposal proceeds for the year to reach $5-6 billion during the latter stages of 2021. As a result of this quarter's divestments, our target of $25 billion of disposal and other proceeds between the second half of 2020 and 2025 is now underpinned by agreed or completed transactions of around $14.7 billion with approximately $10 billion of proceeds received.bp continues to expect capital expenditure, including inorganic capital expenditur*, of around $13 billion in 2021. Depreciation, depletion and amortization is expected to be at a similar level to 2020. Gulf of Mexico oil spill payments are expected to be around $1 billion post tax.The other businesses & corporate underlying annual charge is expected to be in the range of $1.2-1.4 billion for 2021. The quarterly charges may vary from quarter to quarter. The underlying ETR for 2021 is expected to be higher than 40% but is sensitive to the impact that volatility in the current environment may have on the geographical mix of the group's profits and losses.For full year 2021 we expect reported upstream production to be lower than 2020 due to the impact of the ongoing divestment programme. However, underlying production should be slightly higher than 2020 with the ramp-up of major projects, primarily in gas regions, partly offset by the impacts of reduced capital investment and decline in lower-margin gas assets."
MRK

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06:48 EDT Merck to donate over $5M in supplies, equipment to support efforts in India
BP

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06:48 EDT BP expects Q2 reported upstream production to be lower than Q1 - The company said, "We expect second quarter reported upstream production to be lower than the first quarter mainly due to divestments and seasonal maintenance activities, primarily in the Gulf of Mexico, the North Sea and Trinidad, partly offset by the ramp-up of the Raven and KG D6 R Cluster major projects*. Within this, we expect both gas & low carbon energy and oil production & operations to be lower. -We expect higher product demand across our customer businesses in the second quarter as restrictions begin to ease and vaccination rollouts continue. This should help provide some support to industry refining margins. However, realized refining margins are expected to show a smaller improvement due to the slower recovery in diesel and jet demand and a narrower North American heavy crude oil differential. In addition, we expect a higher level of turnaround activity in our refining portfolio"
MSCI

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06:48 EDT MSCI raises FY21 free cash flow view to $825M-$875M from $785M-$835M - Raises FY21 net cash from operating activities view to $885M-$925M from $845M-$885M. Cuts FY21 effective tax rate guidance to 15%-18% from 16%-19%.
MRK

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06:47 EDT Merck to hold investor briefing featuring Organon on May 3 - Merck announced that members of Organon management will host a virtual investor event where they will present the Organon business strategy, opportunities for growth and financial outlook, followed by a question and answer session on Monday, May 3 at 10:00 am EDT.
BP

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06:47 EDT BP expects cash flow deficit in Q2 - The company said, "For 2021:In the second quarter, bp intends to offset the expected full-year dilution from the vesting of awards under employee share schemes through buybacks, at a cost of around $500 million.Subject to maintaining a strong investment grade credit rating, the board is committed to using 60% of surplus cash flow for buybacks, planning to allocate the remaining 40% to further strengthen the balance sheet and support our strong investment grade credit rating.During the first quarter, bp generated surplus cash flow of $1.7 billion after having reached its net debt target of $35 billion. During the second quarter, cash flow is expected to be impacted by the $1.2 billion pre-tax annual Gulf of Mexico oil spill payment, further severance payments and a smaller improvement in realized refining margins relative to the quarter to date rise in our RMM. As a result of these factors we expect a cash flow deficit in the second quarter-In the second half of the year bp expects to generate surplus cash flow above an oil price of around $45 per barrel with an RMM of around $13 per barrel and Henry Hub of $3 per mmBtu.bp will provide an update on our third quarter buyback plans at the time of our second quarter results, taking into account the surplus cash flow in the first half of the year as well as the outlook for surplus cash flow."
MRK

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06:47 EDT Merck in pact with five Indian generic manufacturers for molnupiravir - Merck announced that the company has entered into non-exclusive voluntary licensing agreements for molnupiravir with five established Indian generics manufacturers. Molnupiravir is an investigational oral antiviral agent currently being studied in a Phase 3 trial for the treatment of non-hospitalized patients with confirmed COVID-19. Merck is developing molnupiravir in collaboration with Ridgeback Biotherapeutics. Merck has entered into these agreements to accelerate availability of molnupiravir in India and in other low- and middle-income countries following approvals or emergency authorization by local regulatory agencies. "The scale of human suffering in India at this moment is devastating, and it is clear that more must be done to help alleviate it. These agreements, toward which we have been working as we have been studying molnupiravir, will help to accelerate access to molnupiravir in India and around the world," said Kenneth C. Frazier, chairman and CEO, Merck. "We remain committed to aiding in the global response that will bring relief to the people of India and, ultimately, bring an end to the pandemic." The agreements have been signed with Cipla Limited, Dr. Reddy's Laboratories Limited, Emcure Pharmaceuticals Limited, Hetero Labs Limited and Sun Pharmaceutical Industries Limited - five generics manufacturers with World Health Organization Pre-Qualified Manufacturing facilities and experience as major suppliers to global and key LMIC procurers. Under the agreements, Merck will provide licenses to these manufacturers to supply molnupiravir to India and more than 100 LMICs. Merck is also in discussions with the Medicines Patent Pool to explore the potential for additional licenses. Separately, Merck will also donate more than $5M worth of oxygen-production equipment, masks, hand sanitizer and financial aid to support relief efforts in India.
CHRA

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06:46 EDT Charah Solutions awarded seven-year contract extension for Ohio power plant - Charah Solutions announced that it has been awarded a seven-year contract extension to provide operations and maintenance of the flue gas desulfurization, or FGD, plant at Luminant's 1,020-megawatt Miami Fort Power Plant in North Bend, Ohio, through the plant's expected retirement in 2027. Charah Solutions has been onsite managing the plant's FGD operations since 2018.
GPK

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06:44 EDT Graphic Packaging announces intent to acquire Americraft Carton for $280M - The company intends to acquire Americraft Carton for approximately $280M. The proposed acquisition is expected to add approximately $200M in sales, $30M in adjusted EBITDA and opportunities for paperboard integration upon completion. Synergies are expected to contribute an additional $10M of adjusted EBITDA within 24 months of closing. The transaction includes seven well-capitalized converting facilities and an outstanding team of dedicated employees.
HTGC

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06:43 EDT Hercules Capital announces supplemental cash dividend of 7c per share for Q1 - This supplemental cash distribution is in addition to the previously announced regular quarterly cash distribution that Hercules declared for the first quarter of 32c per share. Record date is May 12 with payment date of May 19.
GME

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06:39 EDT GameStop up over 7.5% in pre-market after completing at-the-market offering - Shares of GameStop are up 7.5% in the pre-market at $181.80. Yesterday evening, the company announced that it has "completed its previously announced "at-the-market" equity offering program. GameStop disclosed on April 5, 2021 that it had filed a prospectus supplement with the SEC to offer and sell up to a maximum of 3.5M shares of its common stock from time to time through the ATM Offering. The company ultimately sold 3.5M of common stock and generated aggregate gross proceeds before commissions and offering expenses of approximately $551M. Net proceeds will be used to continue accelerating GameStop's transformation as well as for general corporate purposes and further strengthening the Company's balance sheet."
SYF

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06:37 EDT Synchrony expects to redeploy approximately $1B of capital if Gap portfolio sold - Synchrony said along with earnings: "Gap Inc. program agreement will not be renewed and will expire in April 2022; expect strategic options will be accretive to diluted earnings per share relative to renewal terms and if the portfolio is sold we expect to redeploy approximately $1 billion of capital."
LLY

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06:37 EDT Eli Lilly reports Q1 Humulin sales $321.7M, up 2% - The company said, "For the first quarter of 2021, worldwide Humulin revenue increased 2 percent compared with the first quarter of 2020, to $321.7 million. U.S. revenue increased 2 percent, to $219.0 million, driven by higher realized prices, partially offset by decreased demand. Revenue outside the U.S. increased 1 percent, to $102.7 million, primarily due to the favorable impact of foreign exchange rates and higher realized prices, largely offset by decreased volume."
LLY

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06:35 EDT Eli Lilly reports Q1 Taltz sales $403.2M, down 9% - The company said, "For the first quarter of 2021, worldwide Taltz revenue decreased 9 percent compared with the first quarter of 2020, to $403.2 million. U.S. revenue decreased 24 percent, to $249.6 million, primarily due to increased rebates to gain commercial access which resulted in lower realized prices, partially offset by increased demand. Revenue outside the U.S. increased 32 percent, to $153.6 million, primarily driven by increased volume and, to a lesser extent, the favorable impact of foreign exchange rates."
LLY

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06:35 EDT Eli Lilly reports Q1 Alimta sales $559M - The company said, "For the first quarter of 2021, worldwide Alimta revenue remained flat compared with the first quarter of 2020, at $559.0 million. U.S. revenue decreased 19 percent, to $261.1 million, primarily driven by lower volume as a result of customer buying patterns and, to a lesser extent, lower realized prices. Revenue outside the U.S. increased 26 percent to $297.8 million, primarily driven by increased volume in Germany and, to a lesser extent, the favorable impact of foreign exchange rates. The company expects volume declines in the second half of 2021 for Alimta as a result of the anticipated entry of generic competition due to the loss of patent exclusivity in Japan and major European markets."
LLY

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06:34 EDT Eli Lilly reports Q1 Humalog sales $617M, down 11% - The company said, "For the first quarter of 2021, worldwide Humalog revenue decreased 11 percent compared with the first quarter of 2020, to $617.0 million. Revenue in the U.S. decreased 17 percent, to $332.7 million, driven by lower realized prices as higher contracted rebates and discounts were partially offset by lower utilization in the 340B segment. Revenue outside the U.S. decreased 4 percent, to $284.4 million, driven by decreased volume, partially offset by the favorable impact of foreign exchange rates."
PHM

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06:33 EDT PulteGroup reports Q1 home closings up 12% at 6,044 - The company states: "Net new orders for the first quarter increased 31% from the prior year to 9,852 homes. The dollar value of net new orders in the first quarter was $4.6 billion, which is an increase of 42% over the prior year. The Company operated from an average of 837 communities in the first quarter, which is a decrease of 4% from last year's average of 873 communities."
HAS

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06:33 EDT Hasbro reports Q1 operating cash flow of $377.6M - Reports strong cash position with quarter ending cash of $1.43B and first quarter operating cash flow of $377.6M after retiring $300M of debt due May 2021 and paying the dividend.
LLY

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06:33 EDT Eli Lilly reports Q1 Trulicity sales $1.45B, up 18% - The company said, "First-quarter 2021 worldwide Trulicity revenue was $1.452 billion, an increase of 18 percent compared with the first quarter of 2020. U.S. revenue increased 20 percent, to $1.117 billion, driven by increased demand, partially offset by lower realized prices. Trulicity's lower realized prices in the U.S. were primarily due to higher contracted rebates, partially offset by a favorable segment mix that reflected lower utilization in the 340B segment, and modest list price increases. Revenue outside the U.S. was $335.7 million, an increase of 12 percent, driven by increased volume and, to a lesser extent, favorable foreign exchange rates, partially offset by lower realized prices."
PHM

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06:32 EDT PulteGroup announces $1B stock buyback - PulteGroup announced that its board has approved a $1.0B increase to the company's share purchase authorization. This increase brings the company's total share repurchase authorization to $1.2B.
GE

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06:28 EDT GE sees $3.5B-$4B Industrial cash use to be adjusted out of Industrial FCF
UBS

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06:26 EDT UBS 'disappointed' by loss related to default by prime brokerage client - CEO Ralph Hamers said, "However, our first quarter results also factored in a loss related to the default by a single US-based prime brokerage client. We are all clearly disappointed and are taking this very seriously. A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future. This never impeded our ability to serve our clients. We were still able to increase our CET1 capital ratio to 14% and deliver a return on CET1 capital of 18%. Our Investment Bank fully absorbed this loss, yet still delivered a 13% return on attributed equity, which would have been in excess of 30% had it not been for this incident." The default by a US-based client of the prime brokerage business resulted in an impact on 1Q21 Group net profit of $434M. The related loss in operating income of $774M was recognized within the Financing business in the Investment Bank, which provided prime brokerage services to the client, and arose as a result of closing out a significantportfolio of swaps with the client following the default and the unwinding of related hedges. We have exited all remaining exposures in April 2021, with related losses recognized in the second quarter of 2021 which are immaterial for the Group.
GE

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06:26 EDT General Electric sees aviation recovery beginning in 2H
UPS

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06:25 EDT UPS jumps 8% to $190 after Q1 results beat estimates
GE

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06:24 EDT General Electric reports Q1 Power revenue $3.92B, Aviation revenue $4.99B - Reports Q1 Renewable Energy revenue $3.25B, Healthcare revenue $4.31B.
GE

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06:23 EDT General Electric CEO 'proud' of 'solid' Q1 results - GE Chairman and CEO H. Lawrence Culp, Jr. said, "I am proud of the GE team's solid first quarter results, despite a still difficult environment for Aviation. We are improving our cash performance and profitability with Industrial free cash flowgrowth of $1.7 billion year-over-year, excluding BioPharma, and organic margin expansion across all segments, except Aviation. This continued progress sets us up well to deliver on our 2021 commitments." Culp added, "Our recent GECAS transaction serves as an important catalyst in our transformation to a more focused, simpler, and stronger industrial company. At the same time, our businesses are building momentum by accelerating our lean and decentralization efforts. We are shifting more toward offense and capturing opportunities in the energy transition, precision health, and future of flight. I am confident we are well positioned to drive profitable growth, achieving high single digit free cash flow margins over time and creating long-term value for shareholders."
GE

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06:23 EDT General Electric reports Q1 GE Industrial free cash flow ($0.8B) - GE Industrial CFOA was ($0.5B).
JG

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06:19 EDT Aurora Mobile announces partnership agreement with UU Paotui - Aurora Mobile announced that it has entered into a partnership agreement with Zhengzhou Space-time Tunnel Information Technology, or UU Paotui. Aurora Mobile will use its AI-powered Unification Messages System ("JG UMS") to help UU Paotui conduct smart . Aurora Mobile will use its AI-powered Unification Messages System to help UU Paotui conduct smart operations and intelligent user reach. UU Paotui is an online errands and delivery platform for consumers in China. With over 3.2 million task workers, UU Paotui offer services to more than 50M users and 1M merchants in over 230 cities nationwide.
HSBC

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06:19 EDT HSBC sees MSD percentage growth in consumer lending during 2021 - The company said: "Our 1Q21 results were favorably impacted by net ECL releases, particularly in the UK, reflecting improved economic forecasts. There remains a high degree of uncertainty as countries emerge from the pandemic at different speeds and as government support measures unwind. Based on the current consensus economic forecasts trajectory, we expect our ECL charge for 2021 to be below the medium-term range of 30bps to 40bps of average loans that we indicated at our 2020 annual results. We expect mid-single-digit percentage growth in customer lending during 2021. This growth remains highly dependent on the speed at which economies recover from the Covid-19 pandemic, together with the duration of various government support measures and restrictions."
HSBC

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06:18 EDT HSBC to consider whether to announce interim dividend in August
UPS

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06:17 EDT UPS not providing FY21 earnings, revenue guidance - Given continued economic uncertainty, the company is not providing 2021 revenue or diluted earnings per share guidance; however, it is re-affirming its full-year capital allocation plans.
UPS

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06:16 EDT UPS reports Q1 consolidated average daily volume increased 14.3% y/y - "I want to thank all UPSers for delivering what matters, including COVID-19 vaccines," said Carol Tome, UPS CEO. "During the quarter, we continued to execute our strategy under the better not bigger framework, which enabled us to win the best opportunities in the market and drove record financial results."
SQNS

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06:16 EDT Sequans targets 10% sequential increase in revenue for Q2 - The company said, "The following statement is based on management's current assumptions and expectations and assumes no increase in the severity or duration of the COVID-19 pandemic. This statement is forward-looking and actual results may differ materially. Despite the continued supply chain constraints for materials, and factoring in the risk related to the portable router business, management is targeting a 10% sequential increase in revenue."
WOOF...

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06:13 EDT Petco launches credit card program with Alliance Data, MasterCard - Petco (WOOF) announced the launch of Petco Pay, a credit card program in partnership with Alliance Data's (ADS) Card Services business, a provider of payment products and digital solutions and Mastercard (MA). Petco Pay, issued by Alliance Data, includes the Petco Pay Mastercard, a co-branded credit card, and the Petco Pay Credit Card, a private label credit card. In addition to perks, with every purchase made using Petco Pay credit cards, Petco will make a donation to Petco Love. The Petco Pay Mastercard and Petco Pay Credit Card are available exclusively to Pals Rewards members. The credit cards have benefits, including 20% off the first Petco Pay purchase and 8% back at Petco. The Petco Pay Mastercard has additional earning opportunities such as 2% back on grocery store purchases, 1% back wherever Mastercard is accepted and a $25 Pals Reward for spending $500 outside of Petco within the first 90 days of approval. The Petco Pay Mastercard also allows cardholders to experience quick, easy and secure checkout in-store with a contactless payment option.
PPBI

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06:10 EDT Pacific Premier raises quarterly dividend to 33c from 30c per share - Payable on May 14 to stockholders of record as of May 7.
KBR

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06:08 EDT KBR awarded $49.5M Defense Logistics Agency contract - KBR won a $49.5M contract from the U.S. Defense Logistics Agency, or DLA, to sustain and maintain critical automated hydrant fueling systems at Department of Defense facilities worldwide. KBR will provide program management, preventative and corrective maintenance, testing, design support, training, as well as equipment and site support for these fueling systems, which use digital industrial control systems to safely and efficiently operate. The company's efforts will fortify DLA's Hydrant Fueling Automation Maintenance program, an ongoing initiative to standardize maintenance to increase system reliability and maintainability, reduce long-term maintenance costs, and improve performance and safety. This contract will help boost fuel inventory accountability, improve fuel monitoring and prevent spills. The five-year contract includes one base year and four option years. This single award, indefinite delivery/indefinite quantity contract has a maximum value of $49.5M. Work is expected to be performed at 90 locations around the world, and supports the U.S. Army, Navy, Air Force, Marine Corps and Air National Guard.
UPS

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06:01 EDT UPS backs FY21 CapEx view $4B - For FY21: The sale of UPS Freight is expected to close in the second quarter. Capital expenditures are planned to be about $4B. Long-term debt repayments, including $1.5B repaid in the first quarter of 2021, will total $2.5B. Effective tax rate for the remainder of the year is expected to be around 23.5%. The company has no plans to repurchase shares.
OBSV

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05:24 EDT ObsEva initiates PRIMROSE 3 study - ObsEva announced the initiation of the observational PRIMROSE 3 study. PRIMROSE 3 will evaluate long-term bone mineral density, or BMD, in subjects who completed at least 20 weeks of treatment in the Phase 3 PRIMROSE 1 and PRIMROSE 2.
RIO UBS

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05:23 EDT Rio Tinto chief legal officer Barbara Levi to depart in October - Barbara Levi, chief legal officer and external affairs, has accepted a position at UBS (UBS) and will leave Rio Tinto (RIO) by the end of October. A search has commenced to identify a suitable successor. Jakob Stausholm, CEO said, "Barbara has made a significant contribution during her time with Rio Tinto and we will be saddened to see her leave. We offer her our very best wishes for the future."
AMZN

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05:15 EDT Amazon expands Key in-garage grocery delivery service - Amazon announced that Key by Amazon in-garage grocery delivery is expanding to everywhere grocery delivery from Amazon is available, providing service to more than 5,000 U.S. cities and towns. Originally launched in five cities last November, Key in-garage grocery delivery can now be used by millions of eligible Prime members to have their Amazon Fresh and Whole Foods Market groceries delivered inside their garage. Eligible Prime members can shop online at www.amazon.com/fresh or www.amazon.com/wholefoods and build a cart just like they would for any grocery delivery order. Customers with a compatible garage door opener or myQ Smart Garage Hub can connect the myQ app with Key, then select "Key Delivery" at checkout for no additional cost. Once the order is placed, a trained shopper will fill the order, selecting products. Grocery orders are securely delivered by a delivery service professional, and customers can easily use the Key by Amazon app or the Amazon mobile shopping app to be notified when their groceries arrive.