Stockwinners Market Radar for May 06, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

AGR PNM

Hot Stocks

19:54 EDT Avangrid-PNM merger approved by Public Utility Commission of Texas - The Public Utility Commission of Texas voted to approve the unanimous stipulation and agreement among parties for the merger of PNM Resources (PNM), including its Texas utility subsidiary, Texas-New Mexico Power Company, with AVANGRID (AGR). In the now-approved unanimous settlement, which was filed on March 30, the Staff of the PUCT and all other parties to the proceeding agreed the proposed merger is in the public interest.
WPM

Hot Stocks

18:50 EDT Wheaton Precious Metals raises quarterly dividend 40% to 14c per share - Wheaton Precious Metals announced that its Board of Directors has declared its second quarterly cash dividend payment for 2021 of 14c per common share, an increase of 40% relative to the comparable period in 2020 and representing the third quarterly dividend increase in a row.
ETSY

Hot Stocks

18:34 EDT Etsy CEO: We're pleased with buyer frequency and loyalty - In an interview on CNBC's Mad Money, Josh Silverman said habitual buyers were up 200% y/y in Q1. The company had 90M active buyers in Q1. Etsy plays a different game, it's all about customization, he noted. The Etsy model is extremely responsive to consumer trends, Silverman added.
PZZA

Hot Stocks

18:24 EDT Papa John's CEO: We're an e-commerce business - In an interview on CNBC's Mad Money, Rob Lynch said over 70% of the company's business comes through the e-commerce channel. Papa John's first offered digital ordering in 2001. "We've spent 20 years getting it right. We're the best at it," Lynch added. The company is working hard to make the digital experience as frictionless as possible, he noted. "We always put the best ingredients into everything we make. The creativity coming from our culinary group is amazing," Lynch said.
CNI...

Hot Stocks

18:15 EDT Canadian National comments on the STB's decision regarding CP's voting trust - Canadian National (CN) issued a statement in response to the Surface Transportation Board's decision regarding the voting trust in connection with Kansas City Southern's (KSU) existing merger agreement with Canadian Pacific Railway (CP). The statement says, among other things: "CN is encouraged by the STB's decision today to approve the Voting Trust for CP's proposed acquisition of KCS. The STB applied the same public interest factors that CN stated should apply to both Voting Trusts. For the reasons given in the STB's decision, CN is confident that the STB will reach the same decision with respect to the identical Voting Trust put forward for CN's proposed acquisition of KCS. Approving both Voting Trusts will allow KCS to choose the bid it judges to be best for its shareholders. CN maintains that it has presented a better bid, is a better partner, a better railway and therefore the best solution for KCS. Our proposal presents an unparalleled opportunity for customers, employees, shareholders and the North American economy. We remain confident in our ability to close the combination with KCS, and we look forward to continuing to engage productively and respectfully with the KCS Board to deliver a superior and pro-competitive transaction to CN and KCS' respective stakeholders".
SBSI

Hot Stocks

18:03 EDT Southside Bancshares increases quarterly cash dividend 3.1% to 33c per share - The board of directors of Southside Bancshares approved a 3.1% increase to the regular quarterly cash dividend of 1c to 33c per common share and declared a regular quarterly cash dividend of $0.33 per common share. The cash dividend is scheduled for payment on June 3 to common stock shareholders of record on May 20.
BAESY

Hot Stocks

17:59 EDT BAE Systems awarded $325.53M Defense Logistics Agency contract - BAE Systems has been awarded a maximum $325.53M firm-fixed-price contract for global positioning systems receiver parts and vendor-managed inventory services. This was a sole-source acquisition using justification 10 U.S. Code 2304 as stated in Federal Acquisition Regulation 6.302-1. This is a one-year one-time procurement with nine one-year option periods. The first option is being exercised at the time of award. Locations of performance are Iowa, New Hampshire and Virginia, with a May 5, 2022, performance completion date. Using military services are Army, Navy and Air Force. Type of appropriation is FY21 procurement funds, and operations and maintenance funds. The contracting activity is the Defense Logistics Agency.
FOXF

Hot Stocks

17:57 EDT Fox Factory appoints Toby Merchant Chief Legal Officer - Fox Factory has announced the appointment of three key new leadership additions as the Company continues to lay the foundation for its next phase of growth. "Thanks to our existing team, we have experienced tremendous growth and portfolio diversification. In order to achieve the breakthrough results we aspire to reach, we have to do things thoughtfully and with our strategic vision in mind," commented Mike Dennison, FOX's Chief Executive Officer.Mr. Toby D. Merchant joins the Company as its first Chief Legal Officer and Secretary. Mr. Merchant has over 16 years of experience working with public and private companies on a variety of matters ranging from corporate governance, securities matters, and company-specific issues, to leading domestic and international mergers, acquisitions, and divestitures. Prior to joining the Company, Mr. Merchant was the Chief Operating Officer and General Counsel to McKenna & Associates,a boutique advisory firm that manages its own proprietary capital. Before that, Mr. Merchant was a partner at Squire Patton Boggs where he was a member of the firm's global Corporate and Financial Services practice groups from October 2006 until November 2019. Prior to Squire Patton Boggs LLP, Mr. Merchant was an associate at Dinsmore & Shohl LLP in the firm's corporate practice group. Mr. Merchant graduated with a B.S. degree from Cornell University and earned his Juris Doctor at Case Western Reserve University where he graduated cum laude. Chief Purpose & Inclusion Officer Additionally, the Company recently promoted Ms. Jackie B. Martin to Chief Purpose & Inclusion Officer. She joined the Company in September 2020 as Vice President, Inclusion, Diversity & Engagement.
RTX

Hot Stocks

17:57 EDT Raytheon Technologies awarded $495M Navy contract - Raytheon Technologies was awarded a $495M hybrid firm-fixed-price and cost reimbursement, indefinite-delivery/indefinite-quantity, single award contract to provide logistics consulting services to coordinate the complex repair process for the supply chain management center logistics integration support secondary repairable program. The contract has a five-year ordering period and a six-month option to extend services with a maximum value of $495M. Work s expected to be complete in November 2026. FY21 operation and maintenance funds in the amount of $5,000 is being obligated under the contract's initial task order to fund the minimum guarantee and will expire at the end of the current fiscal year. This contract was competitively solicited via beta.sam.gov, with six proposals received. The Marine Corps Logistics Command is the contracting activity.
CACI

Hot Stocks

17:55 EDT CACI awarded $496M Air Force contract for ATSSI II - CACI has been awarded an estimated maximum $496M indefinite-delivery/indefinite-quantity contract for Automated Test System Sustainment Initiative II, or ATSSI II. This contract provides support to the Ogden Air Logistics Complex's, or OO-ALC, ATSSI II program for the continued development and sustainment of a depot technology infrastructure supportive of the OO-ALC mission to perform critical test functions important to the ongoing operational safety, suitability, and effectiveness of multiple Air Force weapon systems/subsystems. Work will be performed at Hill Air Force Base, Utah, and is expected to be completed May 5, 2030. This award is the result of a competitive acquisition and two offers were received. FY21 working capital funds in the amount of $266,679 are being obligated on the first task order. Air Force Sustainment Center is the contracting activity.
PTON

Hot Stocks

17:50 EDT Peloton sees 10% of Thread, Thread Plus units being returned - Says doesn't anticipate major manufacturing change to Tread.
IBIO

Hot Stocks

17:44 EDT iBio provides update on its IBIO-201 program - iBio provided an update on its IBIO-201 program and reported on its progress in developing a second-generation subunit vaccine candidate, IBIO-202, being designed for the prevention of SARS-CoV-2 infection. IBIO-201, the Company's vaccine candidate combining antigens derived from the spike protein fused with iBio's patented LicKM booster molecule, recently completed IND-enabling toxicology studies. The studies identified no adverse effects at low or high doses. -"Combined with data from previous immune-response studies, these pathology results help demonstrate the potential value of LicKM as a useful tool in our vaccine development toolbox," said Tom Isett, Chairman and CEO of iBio. The Company also reported on development of IBIO-202, a subunit vaccine candidate that targets the nucleocapsid protein ( of SARS-CoV-2. N proteins of many coronaviruses are highly immunogenic and are expressed abundantly during infection. In addition, the N protein is more highly conserved than the S protein, and therefore new viral variants may be less likely to escape vaccine protection.
AMSC

Hot Stocks

17:36 EDT AMSC acquires Neeltran - AMSC announced that it has acquired Neeltran, a private Connecticut-based company that supplies rectifiers and transformers to industrial customers. At closing, AMSC paid $4.5M in cash and issued 301,556 restricted shares of AMSC common stock having a value of approximately $4.3M. Additionally, AMSC paid $7.6M directly to Neeltran lenders at closing to extinguish outstanding Neeltran debt. AMSC expects this acquisition will generate operating cash flow and be accretive to earnings per share within 12 months from closing.
MNTK

Hot Stocks

17:34 EDT Montauk Renewables signs agreement to sell RNG for European market use - Montauk Renewables announced that it has signed an agreement to sell a portion of its Renewable Natural Gas, or RNG, production as a feedstock to make fuel for the European market. Beginning July 2021, the company will sell approximately 900,000 MMBtu annually of is production, currently monetized under an expiring domestic floor-price agreement, to Iogen RC Fuels under a new 4.5 year fixed-price agreement to make vehicle fuel to serve the European market.
GPRO

Hot Stocks

17:34 EDT GoPro jumps 8% to $11.27 after guiding FY21 revenue to high end of range
PTON

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17:31 EDT Peloton rises over 1% to nearly $85 during quarterly call
SHAK

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17:29 EDT Shake Shack drops 9% to $96.35 after Q2 revenue guidance misses estimates
BYND

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17:26 EDT Beyond Meat sees continued sequential improvement in food services business - Sees year-over-year growth in sales for food service customers.
BYND

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17:25 EDT Beyond Meat says Europe production facility to be fully operational soon
EOG

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17:20 EDT EOG Resources lowers 2021 crude oil volume view to 433,000-444,000 Bopd - Sees 2021 natural gas volumes 1,295-1,445 MMcfd.
IRTC

Hot Stocks

17:20 EDT iRhythm sees Q2 sequential volume growth of approximately 4% - For the second quarter 2021, iRhythm expects sequential volume growth of approximately 4% over the first quarter of 2021 and OPEX to be approximately flat to first quarter 2021 with reductions in stock-based compensation and payroll taxes offset by increases in legal and consulting spending and hiring to support investments.
BYND

Hot Stocks

17:18 EDT Beyond Meat sees unveiling new lower fat Beyond Burger patty later this year - Says seeing enough stability in recent trends to cautiously resume near-term guidance. Says providing guidance with the understanding that a resurgence of COVID-19 would cause company to revisit guidance. Says saw continued momentum in international retail. Says Beyond Burger rated #1 plant-based burger in Germany by large consumer advocacy group. Says U.S. food service revenue slipped as business continues to grapple with slowing demand due to COVID-19. Sees introducing second Beyond Burger patty option with less saturated fat later this year. Comments taken from Q1 earnings conference call.
EOG

Hot Stocks

17:17 EDT EOG Resources declares special dividend of $1.00 per share - EOG Resources declared a special dividend of $1.00 per share payable July 30 to stockholders of record as of July 16.
PTON

Hot Stocks

17:17 EDT Peloton to postpone launch of Tread in the U.S. - Says Tread, the company's treadmill, was originally set to come out May 27. Says will continue to produce treadmill content. Says there have been reports of minor quality issues related to how tablet console is attached to the Tread. Sees offering Tread for sale as soon as CPSC's full review is completed. Comments taken from Q3 earnings call.
DBX

Hot Stocks

17:14 EDT Dropbox targets long-term gross margin of 78%-80% - Also targets long-term operating margin of 28%-30% and annual free cash flow of over $1B. Comments taken from investor presentation slides. Reference Link
DBX

Hot Stocks

17:12 EDT Dropbox Q1 ARR increased 13% - The company states: "Total ARR ended at $2.112B, an increase of 13% from the same period last year. On a constant currency basis, Total ARR grew $60.5M quarter-over-quarter, and year-over-year growth would have been 12%. Paying users ended at 15.83M, as compared to 14.59M for the same period last year. Average revenue per paying user was $132.55, as compared to $126.30 for the same period last year."
NGA

Hot Stocks

17:06 EDT Lion Electric closes business combination with Northern Genesis Acquisition - Lion Electric and Northern Genesis Acquisition Corp. announced the completion of their previously announced business combination. The Business Combination was approved by NGA stockholders at a special meeting held on April 23. Beginning on May 7, Lion's common shares are scheduled to begin trading on the New York Stock Exchange and the Toronto Stock Exchange under the new symbol "LEV", and its warrants are scheduled to begin trading on the NYSE under the new symbol "LEV WS" and on the TSX under the new symbol "LEV.WT." The transaction, including the concurrent private placement, resulted in proceeds of approximately $490M to Lion, after payment of transaction expenses. Approximately $90M of the net proceeds were used to repay outstanding credit facilities and debt instruments. The remainder of the net proceeds of the transaction are expected to be used to finance Lion's growth strategy, including the planned expansion of the company's U.S. manufacturing capacity, the continued development of advanced battery systems, the planned construction of a highly automated battery system assembly factory in Quebec and other general corporate purposes.
STND

Hot Stocks

17:03 EDT Standard Financial, Dollar Mutual Bancorp approved for merger - Dollar Mutual Bancorp and Standard AVB Financial jointly announced that the parties have received all the regulatory approvals necessary to complete the merger of Standard into Dollar. The Standard stockholders approved the merger at a special meeting of stockholders held on January 19. The parties expect that their proposed merger transaction will be completed after market hours on May 28. Dollar is the mutual holding company for Dollar Bank, Federal Savings Bank. Standard is the stock holding company of Standard Bank, PaSB, a Pennsylvania chartered savings bank. In connection with the merger of Standard into Dollar, Standard Bank will convert to a federal savings bank. Dollar Bank and Standard Bank will continue to operate as separate financial institutions with Dollar as the holding company for each institution.
ATR

Hot Stocks

17:01 EDT AptarGroup raises prices 5% for beauty, personal care, home care products - AptarGroup announced that it will increase prices five percent for its beauty, personal care and home care products. The price increases will take effect June 1, 2021 and will be in addition to any price adjustments related to raw material cost increases. The price adjustments are necessary due to sustained significant cost inflation on non-raw material input costs including freight, energy and labor. "While Aptar Beauty + Home has continuously implemented innovative solutions to increase efficiency in our production and distribution process with the aim of delivering high quality products at competitive prices, price adjustments are necessary as we are facing unprecedented cost increases across all input channels. This is on top of absorbing the costs of keeping our production teams safe and operating our facilities safely throughout the global COVID-19 pandemic," said Marc Prieur, President, Aptar Beauty + Home.
DRH

Hot Stocks

16:58 EDT DiamondRock sells Frenchman's Reef resort to Fortress affiliate - DiamondRock Hospitality Company announced that it sold the 478-room Frenchman's Reef Marriott Resort & Spa and Noni Beach, Autograph Collection project in St. Thomas, U.S.V.I. to an affiliate of Fortress Investment Group LLC. As consideration, DiamondRock has received an upfront cash payment as well as a participation right in the future profits of the hotel once certain return metrics are achieved. The resort has been closed since it experienced devastating impact from sequential hurricanes in 2017. Under Fortress ownership, the Frenchman's Reef will complete a major rebuilding project and reopen as a global destination resort. "We are extremely excited to steward this important property through the completion of its ambitious rebuilding and, ultimately, to its reopening as a global destination with unrivaled facilities and amenities," said Thomas W. Pulley, Global Head of the Fortress Credit Real Estate business. "This is a remarkable property-an irreplaceable asset that we are thrilled to add to our portfolio. We welcome the opportunity to contribute to the long-term vibrancy of the St. Thomas economy, and look forward to working closely with U.S.V.I. officials and engaging with the people of St. Thomas as an important employer."
PLNT

Hot Stocks

16:58 EDT Planet Fitness announces minority investment in iFIT - Planet Fitness announced a minority investment in iFIT, a global health and fitness technology company that develops and sells interactive software, content, and equipment. This investment builds upon Planet Fitness and iFIT's existing collaboration announced in April 2020, in which Planet Fitness partnered with iFIT to accelerate Planet Fitness' digital offerings with expanded and enhanced content.
DDOG CRM

Hot Stocks

16:57 EDT Datadog names Adam Blitzer as COO, effective May 10 - Datadog (DDOG) announced the appointment of Adam Blitzer as COO. Blitzer brings fourteen years of experience in the SaaS space. Blitzer was at Salesforce (CRM) for eight years, culminating in his role as Executive Vice President and General Manager of Digital. Blitzer will join Datadog on Monday, May 10.
DDOG CRM

Hot Stocks

16:56 EDT Datadog names Adam Blitzer as COO - Datadog (DDOG) announced the appointment of Adam Blitzer as COO. Blitzer brings fourteen years of experience in the SaaS space. Blitzer was at Salesforce (CRM) for eight years, culminating in his role as Executive Vice President and General Manager of Digital.
MTRN

Hot Stocks

16:52 EDT Materion raises quarterly dividend to 12c from 11.5c per share - The dividend is payable on June 11, 2021 to shareholders of record at the close of business on May 27, 2021.
EXPE

Hot Stocks

16:52 EDT Expedia plans to 'lean into' travel wave, CEO says
EXPE

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16:52 EDT Expedia seeing booking trends well above 2019 levels
EXPE

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16:51 EDT Expedia expects overhead costs to step up by $50M sequentially
EXPE

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16:48 EDT Expedia cautiously optimistic about pace, shape of recovery
RVLV

Hot Stocks

16:47 EDT Revolve Group reports Q1 active customers down 3% at 1.5M - Reports Q1 orders placed up 9% at 1.28M and average order value down 1% at $256.
EXPE

Hot Stocks

16:46 EDT Expedia remains on track for $200M in annual savings
WMT

Hot Stocks

16:45 EDT Walmart to acquire MeMD, terms not disclosed - Walmart Health and MeMD announced they have entered into an agreement for Walmart Health to acquire MeMD. This acquisition will, over the coming months, allow Walmart Health to provide access to virtual care across the nation including Urgent, Behavioral, and Primary care, complementing the company's in-person Walmart Health centers. "Telehealth offers a great opportunity to expand access and reach consumers where they are and complements our brick-and-mortar Walmart Health locations. Today people expect omnichannel access to care and adding telehealth to our Walmart Health care strategies allows us to provide in-person and digital care across our multiple assets and solutions," said Dr. Cheryl Pegus, Executive Vice President, Health & Wellness. "Our Health & Wellness mission is to focus on the consumer's seamless experience and improved health. We are excited to welcome MeMD employees to the Walmart family, and we are looking forward to together, accelerating health care access across the country." The acquisition, which is subject to regulatory approval, is expected to close in the coming months.
EXPE

Hot Stocks

16:44 EDT Expedia: Summer looks 'strong,' particularly in the U.S. - Says summer looks strong particularly in the U.S., where vaccinations are well along the way. Comments taken from Q1 earnings conference call.
SHAK

Hot Stocks

16:43 EDT Shake Shack: Same-Shack sales in April were up 86% vs. last year - Average weekly sales were $64,000 in the first quarter of 2021.
DRNA

Hot Stocks

16:41 EDT Dicerna sees cash sufficient to fund clinical, operating plan into 2024 - Dicerna believes that its cash, cash equivalents, held-to-maturity investments, the proceeds from the April 2021 royalty financing transaction and anticipated milestone and other payments from existing collaborations will be sufficient to fund the execution of its current clinical and operating plan into 2024, which includes the Company's expectations to advance nedosiran through planned pivotal development, regulatory filing and approval and commercial launch; and supporting all R&D activities for current internal and collaboration pipeline programs. This estimate assumes no funding from new collaboration agreements or from external financing events and no significant unanticipated changes in costs and expenses. Dicerna expects its overall expenses to continue to increase for the foreseeable future, largely due to investments in staffing and market readiness activities, clinical manufacturing activities, continued clinical activities associated with its core product candidates and continued activities under its existing collaboration agreements. The Company continues to forecast receiving over $83 million in cash from its current collaboration agreements during full-year 2021.
YELP

Hot Stocks

16:40 EDT Yelp reports Q1 ad clicks down 8%, average CPC down 3% - Reports Q1 paying advertising locations down 10%. Reports Q1. adjusted EBITDA $44M vs. $17M last year. Reference Link
TPL

Hot Stocks

16:40 EDT Texas Pacific Land board approves $20M share repurchase program - The company said: "On May 3, 2021, our board of directors approved a stock repurchase program to purchase up to an aggregate of $20.0 million of shares of our outstanding common stock."
STMP

Hot Stocks

16:37 EDT Stamps.com sees FY21 operating expenses increasing up to 20% or more - The company said: "The strong increases in e-commerce-based consumption in response to the COVID-19 pandemic contributed to meaningful financial benefits to the Company in 2020. Despite those financial benefits, there remains substantial uncertainty in 2021 from the myriad of macroeconomic factors associated with the ongoing pandemic, and the resulting effect on global e-commerce. As such, for 2021 we are not at this time providing specific guidance on revenue, GAAP net income, GAAP net income per fully diluted share, effective tax rate, non-GAAP adjusted income, non-GAAP adjusted EBITDA or non-GAAP adjusted income per fully diluted share. The aforementioned uncertainties surrounding 2021, while making specific guidance with meaningful ranges of potential outcomes difficult, do not impact our operating strategies. As such, we plan to continue to invest in our global technology platforms and would expect our operating expenses in 2021 to increase as much as 20% or more, reflecting annualization of investments made during 2020 as well as additional investments expected in 2021."
OEC

Hot Stocks

16:35 EDT Orion Engineered sees FY21 adjusted EBITDA $250M-$280M - "Despite the still challenging COVID-19 situation in many countries, our second quarter order book remains strong and we are confident in our ability to navigate 2021 and beyond successfully. Although our customers' visibility into the second half is less clear than usual, we are reinstating full year 2021 Adjusted EBITDA guidance in the range of $250 million to $280 million," the company said.
GENI

Hot Stocks

16:34 EDT Genius Sports acquires Second Spectrum for $200M - Genius Sports Limited announced that it has entered into a definitive agreement to acquire Second Spectrum, a provider of cutting-edge data tracking and visualization solutions. The aggregate purchase price for the acquisition is $200 million, subject to customary adjustments. The purchase price will be paid at closing in cash and shares of Genius Sports common stock. Consummation of the transaction is subject to customary closing conditions and expected to take place in the second quarter of 2021. The business is expected to be profitable post-integration and additional details and quantification on synergies will provided in Genius Sports upcoming Q1 earnings call.
R

Hot Stocks

16:33 EDT Ryder names John Diez CFO - Ryder System announced the appointment of John J. Diez to executive vice president and chief financial officer. Mr. Diez succeeds Scott T. Parker, who resigned from his position to pursue other opportunities and will remain with Ryder through June 4, 2021 to ensure a smooth transition. Diez, most recently president of Ryder's Fleet Management Solutions (FMS) business, will oversee all of Ryder's financial management functions including finance and accounting, treasury, tax, audit, corporate strategy, and investor relations. As part of this organizational change, Tom Havens, most recently senior vice president and global chief of operations for the FMS business since 2012, has been named president of Ryder's FMS business unit. With this promotion, Mr. Havens joins Ryder's executive leadership team and reports to Ryder Chairman and Chief Executive Officer Robert E. Sanchez.
CHUY

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16:32 EDT Chuy's sees 4-6 new restaurants opening in FY21 - Sees FY21 Net capital expenditures to be approximately $15M to $25M.
EB

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16:29 EDT Eventbrite says gross margins expected to improve - The company states: "As we prepare to move beyond the pandemic and into the future, the structural improvements made to Eventbrite's operating and financial model are becoming ingrained and increasingly evident. Self-sign-on creators accounted for two-thirds of paid tickets in the first quarter, up from one-half a year ago, as we increased emphasis on our most profitable acquisition channel. We acquired over 75,000 new creators during the first quarter without making any upfront incentive payments, and the proportion of first quarter ticket sale proceeds advanced to creators was reduced by 91% compared with a year ago, reflecting the less capital intensive, lower risk nature of self-service customers and changes to our advance payment program. The shift in strategy to focus more on further developing and differentiating our self-service capabilities and less on delivering high-touch support services positions Eventbrite well as the market recovers. Gross margins are poised to improve with increasing paid ticket volume and the discontinuation of certain lower-margined services offered previously. As intended, Sales and Marketing expenses and General and Administrative expenses eliminated in April 2020 have not returned, and we've continued to invest first and foremost in Product and Engineering to support creators' needs. The significant expense reductions we implemented one year ago increase operating leverage, lower our breakeven and provide a path to profitability on an adjusted EBITDA basis as the year and the recovery progress."
PK

Hot Stocks

16:23 EDT Park Hotels & Resorts not providing outlook for FY21 at this time
TDS

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16:22 EDT Telephone and Data raises 2021 revenue view to $3.05B-$3.15B from $3.03B-$3.13B - Raises 2021 adjusted EBITDA view to $1.03B-$1.13B from $975-$1.13B. Sees 2021 Capital expenditures $775M-$875M.
FTV

Hot Stocks

16:21 EDT Fortive names Justin McElhattan, Tami Newcombe group president - Fortive announced today that both Justin McElhattan and Tami Newcombe have been promoted to Group President within Fortive. Mr. Lico stated, "Justin's leadership in our enterprise-wide, connected worker strategy has been critical to taking us beyond gas detection to accelerate our strategy in EHS. His commitment to FBS has been critical to driving results, innovation, and continuous improvement across our EHS businesses.""Tami personifies one of our core leadership competencies, Building Extraordinary Teams, demonstrating the ability to inspire, develop, and drive engagement across our global team while accelerating innovation and growth within Tektronix," Mr. Lico added.
UIS

Hot Stocks

16:20 EDT Unisys reports total company backlog of $3.4B vs. $3.6B as of 4Q20
SQ

Hot Stocks

16:18 EDT Square sees Q2 non-GAAP product development and sales expenses up $120M from Q1 - Square said: "For the second quarter of 2021, we expect non-GAAP product development, sales and marketing, and general and administrative expenses, in aggregate, to increase by approximately $120 million compared to the first quarter of 2021, on a dollar basis. For the full year of 2021, we expect non-GAAP product development, sales and marketing, and general and administrative expenses, in aggregate, to increase by approximately $1.0 billion to $1.1 billion compared to the full year of 2020, representing growth of 50% year over year at the midpoint."
SQ

Hot Stocks

16:17 EDT Square says Seller GPV up 144% year over year in April - Square said: "Given the uncertainty around the impact and severity of COVID-19, we wanted to provide an update on the trends in our business during the month of April... In April, Seller delivered strong gross profit growth year over year. Seller GPV was up 144% year over year in April. The two-year compound annual growth rate for Seller GPV in April was 21%, which was relatively consistent with March. In April, GPV growth improved compared to year-over-year results in the first quarter, driven primarily by regional reopenings, government fund disbursements, and lapping the impact of COVID-19 starting in late March of 2020. We saw continued strength in GPV from our online channels as well as an improvement in in-person activity, which benefited from regional reopenings. GPV growth trends continued to vary by region, product, and vertical, depending primarily on differences in the timing and phases of reopenings."
MSI

Hot Stocks

16:16 EDT Motorola Solutions raises share buyback by $2B - The company announced that its board of directors has approved, subsequent to quarter end, a $2 billion increase to the share repurchase program, raising the total authorization since July 2011 to $16 billion. Under the company's previously authorized $14 billion share repurchase program, approximately $479 million in repurchase authority remained at the end of the first quarter of 2021. The company may continue to repurchase shares from time to time in the open market or in other privately negotiated transactions, subject to market conditions.
TRIP

Hot Stocks

16:15 EDT TripAdvisor: March monthly unique users 58% of 2019's comparable period - January, February, and March 2021 monthly unique users on Tripadvisor-branded websites improved sequentially and were approximately 53%, 56%, and 58%, respectively, of 2019's comparable period, driven by vaccine progress and leisure travel's improving recovery, particularly in the U.S. The company notes that U.S. monthly unique users in March 2021 approached nearly 80% of 2019 levels while traffic outside the U.S. was approximately half of 2019 levels for the same period.
WTRH

Hot Stocks

16:14 EDT Waitr Holdings reports Q1 average daily orders 37.6K - Active Diners as of March 31, 2021 were approximately 2 million.
BILL

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16:13 EDT Bill.com to buy Divvy in stock and cash deal valued at $2.5B - Bill.com announced it has entered into a definitive agreement to acquire Divvy in a stock and cash transaction valued at approximately $2.5B. The transaction has been approved by the Boards of Directors of both Divvy and Bill.com. The deal is expected to close by the end of Bill.com's first fiscal quarter ending September 30, 2021, and is subject to receipt of regulatory approvals and other customary closing conditions. Bill.com will acquire Divvy for approximately $625M in cash and $1.875B of Bill.com Common Stock, subject to customary adjustments for transactions of this nature. "Divvy is a leader in spend management that modernizes finance for business by combining expense management software and smart corporate cards into a single platform. The acquisition supports Bill.com's mission and enhances our ability to deliver value to the combined customer base. Bill.com's expanded solution will enable businesses to automatically manage accounts payable, accounts receivable, and corporate card spend all in one place, saving them valuable time and money. With real-time insight into all their B2B spending and access to multiple payment solutions, businesses will be empowered to spend smarter, better manage their budgets and cash flow, and simplify their back-office financial operations," the company said.
PTON

Hot Stocks

16:12 EDT Peloton says connected fitness subscription growth exceeded forecast - The company said, "Connected Fitness Subscription and revenue growth exceeded our forecast. Incremental investments in expedited shipping allowed us to significantly increase our deliveries in the quarter, reducing our backlog of undelivered purchases. Average Monthly Connected Fitness Churn also meaningfully outperformed expectations and was the lowest level in six years. Our churn benefited from continued high Member engagement as well as system improvements designed to reduce "soft," or unintentional, Member churn."
GPRO

Hot Stocks

16:09 EDT GoPro subscribers surpassed 1M in April
CVET

Hot Stocks

16:07 EDT Covetrus raises FY21 adjusted EBITDA view to $245M-$255M - Sees adjusted EBITDA, a non-GAAP financial metric, of $245 million to $255 million, an increase of $5 million from the Company's prior guidance released on March 1, 2021.
CDXC

Hot Stocks

16:06 EDT ChromaDex sees continued gross margin improvement to slightly over 60% - Looking forward, for the full year, the company expects continued, steady revenue growth driven by its global ecommerce business, as well as growth with existing and new strategic partners, and that the growth rate will accelerate beginning in the second quarter. The company expects continued gross margin improvement to slightly better than 60%, roughly flat R&D expense and slightly higher selling and marketing expense as a percentage of net sales year-over-year. The Company expects slightly higher general and administrative expense, excluding severance, restructuring and legal expense. The company plans to increase investments and resources to drive brand awareness and accelerate its R&D pipeline to capitalize on growth in the NAD+ market globally.
ENTA

Hot Stocks

16:05 EDT Enanta reports positive data from part 2 of Ph.1 study of EDP-514 - Enanta Pharmaceuticals announced positive data from the first two dose cohorts of Part 2 of its Phase 1b study of EDP-514 in chronic hepatitis B virus (HBV) patients already being treated with a nucleoside reverse transcriptase inhibitor (NUC). The data demonstrated that EDP-514, the Company's novel class II oral HBV core inhibitor, was safe and well-tolerated, displayed pharmacokinetics (PK) supportive of once-daily dosing, and resulted in a mean reduction in HBV RNA of 1 log. In the 16 patients randomized in the first two dose cohorts, the majority of patients were HBeAg-negative and treated with tenofovir. EDP-514 was safe and well-tolerated and pharmacokinetics were supportive of once daily dosing, consistent with what was observed in Part 1 in healthy subjects. EDP-514 exposure increased linearly with dose, achieving trough concentrations up to 18-fold the protein-adjusted EC50. No liver enzyme elevations or other laboratory abnormalities were reported and no grade 3 or serious adverse events (AEs) occurred during the treatment period and the 4-week follow-up. Six of 12 patients given EDP-514 had at least one grade 1 or 2 AE during treatment. One patient dosed with 200 mg of EDP-514 had upper abdominal pain, a grade 2 AE, that led to study drug discontinuation.
CYTK

Hot Stocks

16:05 EDT Cytokinetics sees revising financial guidance mid-year - "We expect to revise our financial guidance mid-year once we finalize strategies and potential commercial launch plans for omecamtiv mecarbil. Executing on those strategies and plans may result in our incurring significant additional expenses that were not included in our current financial guidance. We expect that some or all of those potential expenses could be covered by our accessing additional capital through strategic partnership(s) with near term cash infusions or by equity and/or debt financings if deemed appropriate," the company said in a statement
COLD

Hot Stocks

15:40 EDT Americold Realty Trust trading resumes
COLD

Hot Stocks

15:17 EDT Americold Realty Trust trading halted, news pending
AAPL IIVI

Hot Stocks

15:01 EDT Apple awards additional $410M from Advanced Manufacturing Fund to II-VI - Apple (AAPL) has announced a new $410 million award from its Advanced Manufacturing Fund for II-VI (IIVI). The award builds on an initial $390 million awarded from Apple's Advanced Manufacturing Fund in 2017. The expansion of the company's long-standing relationship with II-VI will create additional capacity and accelerate delivery of future components for iPhone, with 700 jobs in Sherman, Texas; Warren, New Jersey; Easton, Pennsylvania; and Champaign, Illinois. II-VI manufactures vertical-cavity surface-emitting lasers that help power Face ID, Memoji, Animoji, and Portrait mode selfies. Apple also works with II-VI to manufacture lasers used in the LiDAR Scanner - technology that helps deliver faster, more realistic augmented reality experiences and improves autofocus in low-light scenes in photos and videos. Reference Link
PUBGY

Hot Stocks

14:52 EDT Massachusetts AG sues Publicis over opioid marketing schemes - Massachusetts Attorney General Maura Healey filed a lawsuit against Publicis Health alleging it designed and deployed unfair and deceptive marketing schemes to help Purdue Pharma sell more OxyContin, including in Massachusetts. In a complaint filed in Suffolk Superior Court today, AG Healey alleges that from 2010 to 2019, Publicis - a subsidiary of global advertising conglomerate Publicis Groupe - partnered with Purdue on dozens of contracts, collecting more than $50M in exchange for marketing schemes to get doctors to prescribe Purdue's opioids to more patients, in higher doses, for longer periods of time. "Responsibility for the opioid crisis runs across the industry, from Purdue and the Sacklers, to consultants and partners like McKinsey and Publicis," said AG Healey. "Publicis convinced doctors to prescribe more OxyContin to more patients as the opioid epidemic was raging. As a result, patients in Massachusetts suffered, overdosed, and died, while Publicis collected tens of millions of dollars." Reference Link
AMBC

Hot Stocks

14:38 EDT Ambac Financial reschedules release of Q1 results, cites FOMB announcement - Ambac Financial announced that it has rescheduled the release of its first quarter 2021 results to May 10, 2021, before market open. "Ambac is rescheduling the release to allow it to consider the possible effect on first quarter results of the May 5th announcement by the Financial Oversight and Management Board, or "FOMB," for Puerto Rico. The FOMB's announcement provides details on an agreement with certain creditors to settle their clawback claims and establish a Plan of Adjustment framework for debts of the Puerto Rico Highways and Transportation Authority and the Puerto Rico Convention Center District Authority and a template for treatment of other clawback claims, including with respect to bonds issued by the Puerto Rico Infrastructure Financing Authority," the company stated.
AMBC

Hot Stocks

14:33 EDT Ambac Financial trading resumes
AGR PNM

Hot Stocks

14:13 EDT Avangrid reports Texas PUC approves merger with Texas-New Mexico Power - Avangrid (AGR) announced that the Public Utility Commission of Texas has voted in its public meeting to approve the unanimous stipulation and agreement among Avangrid, Texas-New Mexico Power Company, the Staff of the PUCT, and all other parties to the proceeding for the approval of the proposed merger with PNM Resources (PNM). TNMP is the PNM Resources Texas utility subsidiary. The announcement also follows the recent Federal Energy Regulatory Commission and Federal Communications Commission approvals, the approval of the merger by PNM Resources' shareholders, the receipt of regulatory clearance from the Committee on Foreign Investment in the United States, and the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, Avangrid said. In addition, the merger requires approval from the Nuclear Regulatory Commission, Avangrid noted.
AMBC

Hot Stocks

14:06 EDT Ambac Financial trading halted, news pending
AIM

Hot Stocks

13:51 EDT AIM ImmunoTech files U.S. patent application for Ampligen use in Alzheimer's - AIM ImmunoTech disclosed in a regulatory filing that on May 5 the company filed one U.S. Provisional Patent Application for the company's drug Ampligen as a potential therapeutic to possibly slow, halt, or reverse the progression of Alzheimer's disease.
AEVA

Hot Stocks

13:40 EDT Aeva Technologies reports 'beyond 500m detection range' for 4D LiDAR - Earlier, Aeva Technologies announced that its "industry-first" 4D LiDAR "now delivers beyond 500m detection range, significantly enhancing its previous performance with software improvements on existing hardware." Mina Rezk, Co-founder and CTO of Aeva, said: "Our team continues to push the boundaries of what's possible toward creating the best perception solution that is built on Aeva's breakthrough FMCW 4D LiDAR on-chip technology, as we aim to offer a combination of performance and scalability that we believe to be unmatched in the industry. This is all accomplished using Aeva's current 4D LiDAR hardware, providing a glimpse of the continuous improvements we aim to deliver to our customers through our proprietary FMCW technology and over-the-air software updates."
NYMX

Hot Stocks

13:37 EDT Nymox to file for Fexapotide Triflutate marketing approval for BPH by Sept. 15 - Nymox Pharmaceutical announces that it will be filing for marketing approval of Fexapotide Triflutate for BPH before the end of the summer, on or before September 15. CEO Dr. Paul Averback said, "The Company will file on or before September 15. We hope but cannot be certain that the date may be before September. Company management will communicate updates where appropriate."
GOOG GOOGL

Hot Stocks

13:31 EDT Google Assistant reveals new family features ahead of Mother's Day - Lilian Rincon, Senior Director of Product Management, Google Assistant, wrote in in part earlier on The Keyword blog: "Moms everywhere can likely agree that this year (and then some) has had us working overtime...We're extending one of our most popular Assistant features, Broadcast, so you can reach your family wherever they are, and they can respond from any device including from their phones. With Family Broadcast, when I get home from my Saturday morning run, I can broadcast to my newly created Google Family Group, "Hey Google, tell my family, how about lunch at noon?" ...Two new Family Bell reminders I plan to set this weekend will remind me to water the plants (which I love, but often forget to do) as well as alert my kids to tidy up the house. It's becoming a very popular feature. Since last summer, more than 20 million Family Bells have been rung to help families stay organized - that's nearly 19 years worth of bells! As a quick hint, you'll soon be able to just say "stop" to end the bell, starting in English. No need to use "Hey Google" again, just like with alarm and timers...Assistant is getting new stories and games that you can access from a smart display or Android device - this weekend, we plan to learn more about Quidditch from the Harry Potter stories with a simple "Hey Google, tell me a Quidditch Story." ...Hopefully this schedule gives you a little Mother's Day inspiration - or even just a stress-free weekend." Reference Link
BDX

Hot Stocks

13:20 EDT Becton Dickinson discloses receipt of SEC subpoena in February - In a regulatory filing, Becton Dickinson stated: "In February 2021, the company received a subpoena from the Enforcement Division of the SEC requesting information from the company relating to, among other things, Alaris infusion pumps. The company is cooperating with the SEC and responding to these requests. The company cannot anticipate the timing, scope, outcome or possible impact of the investigation, financial or otherwise."
GLT

Hot Stocks

13:00 EDT Glatfelter raises quarterly dividend 3.7% to 14c per common share - Glatfelter announced that its board of directors declared a 14c per share cash dividend on its outstanding common stock. The new dividend amount represents a 3.7% increase compared to the prior quarterly amount. The dividend is payable on August 2 to all shareholders of record as of the close of business on July 1.
WFC

Hot Stocks

12:53 EDT Wells Fargo discloses CFPB investigation into consumer deposit account practices - In its 10-Q filing last night, Wells Fargo disclosed: "The [Consumer Financial Protection Bureau, or] CFPB is conducting an investigation into whether customers were unduly harmed by the Company's historical practices associated with the freezing (and, in many cases, closing) of consumer deposit accounts after the Company detected suspected fraudulent activity (by third parties or account holders) that affected those accounts. The CFPB is also investigating certain of the Company's past disclosures to customers regarding the minimum qualifying debit card usage required for customers to receive a waiver of monthly service fees on certain consumer deposit accounts."
UBSFY

Hot Stocks

12:44 EDT Ubisoft announces free-to-play game 'Tom Clancy's The Division Heartland' - Ubisoft announced new video game "Tom Clancy's The Division Heartland," a free-to-play game set in "The Division" universe, is in development at the company's Red Storm studio. "Heartland" is a standalone game that doesn't require previous experience with the series but will provide an all new perspective on the universe in a new setting. The game will be made available in 2021-22 on PC, consoles, and cloud. "The Division" will also be coming to mobile platforms for the very first time, Ubisoft said. Reference Link
RTX

Hot Stocks

12:28 EDT Raytheon Intelligence & Space to support Air Force under $175M contract - Raytheon Intelligence & Space, a Raytheon Technologies business, will provide signals intelligence field services for the U.S. Air Force's Distributed Common Ground System, which collects, processes and analyzes intelligence, the company said in a statement. RI&S will support seven different intelligence applications the Air Force uses to collect and correlate data under the new program, DCGS-Signals Intelligence Field Support, it said. The five-year contract, valued up to $175M, will combine information from airborne, ground and other systems.
MHK

Hot Stocks

12:25 EDT Mohawk Industries exec Thiers sells 5,000 common shares - In a regulatory filing, Mohawk Industries' president of Flooring ROW Bernard Thiers disclosed the sale of 5,000 common shares of the company on May 5 at a price of $222 per share.
WRAP

Hot Stocks

12:09 EDT Wrap Technologies: BolaWrap de-escalates 'volatile' situation in Pennsylvania - Wrap Technologies released new bodycam footage of a successful BolaWrap deployment in Pennsylvania. On April 15, 2021, Northern York County Regional Police Department responded to a call from a local motel of a guest previously reported as being disruptive and behaving erratically. Motel staff requested police to remove the guest from the property. "The BolaWrap deployment immediately de-escalated the situation and brought the subject down from an agitated state to one where she questioned what struck her, giving the officer time to move in and safely take her into custody," said Chief David Lash of NYCRPD. "We didn't have to use any weapons that rely on pain compliance. In this video, it's important to note that you never hear the subject say 'ouch' or scream pain - she had no injuries from the BolaWrap. We were able to take her into custody with no pain to her, no injury to the officers, and no need for decontamination or anything else that would have resulted from using another tool. "We don't consider the BolaWrap as a use-of-force. It is a remote restraint device - another method of taking someone into custody without using force. On our use-of-force continuum, the BolaWrap is deployed before force even begins," added Chief Lash.
QUOT

Hot Stocks

12:01 EDT Quotient Technology falls -22.3% - Quotient Technology is down -22.3%, or -$3.76 to $13.11.
RGS

Hot Stocks

12:01 EDT Regis falls -23.3% - Regis is down -23.3%, or -$2.80 to $9.24.
FSLY

Hot Stocks

12:01 EDT Fastly falls -25.0% - Fastly is down -25.0%, or -$14.52 to $43.54.
HL

Hot Stocks

12:00 EDT Hecla Mining rises 14.7% - Hecla Mining is up 14.7%, or 92c to $7.17.
HOME

Hot Stocks

12:00 EDT At Home Group rises 16.7% - At Home Group is up 16.7%, or $5.22 to $36.51.
SBH

Hot Stocks

12:00 EDT Sally Beauty rises 17.0% - Sally Beauty is up 17.0%, or $3.44 to $23.70.
GOOG GOOGL

Hot Stocks

11:59 EDT Google to soon automatically enroll users in two-step verification - In a blog post, Google provided a "sneak peek" at its new investment in tools and features to protect user information, including passwords, and is aiming to create a future where people "won't need a password at all." "Today we ask people who have enrolled in two-step verification (2SV) to confirm it's really them with a simple tap via a Google prompt on their phone whenever they sign in," the company said. "Soon we'll start automatically enrolling users in 2SV if their accounts are appropriately configured. (You can check the status of your account in our Security Checkup). Using their mobile device to sign in gives people a safer and more secure authentication experience than passwords alone. We are also building advanced security technologies into devices to make this multi-factor authentication seamless and even more secure than a password. For example, we've built our security keys directly into Android devices, and launched our Google Smart Lock app for iOS, so now people can use their phones as their secondary form of authentication." Reference Link
CAG

Hot Stocks

11:10 EDT Conagra Brands announces appointment of Eboli as chief supply chain officer - Conagra Brands (CAG) announced the appointment of Alexandre "Ale" Eboli as executive vice president and chief supply chain officer, effective Aug. 2. Eboli will succeed Dave Biegger, who is retiring from the organization at the end of the current fiscal year. Eboli has "25 years of experience of global end-to-end supply chain leadership within the consumer packaged goods industry" and prior to joining Conagra Brands served as the Head of Supply Chain, North America for The Unilever Group (UN, UL), the company said.
CZR

Hot Stocks

11:08 EDT Caesars, Arizona Diamondbacks team up for mobile sports betting - Caesars Entertainment announced a partnership with the Arizona Diamondbacks to launch mobile sports betting in Arizona and build a sportsbook and bar concept on the plaza adjacent to the team's home, Chase Field. The deal simultaneously grants Caesars Entertainment mobile sports betting market access and exclusive sponsorship in sports betting and daily fantasy sports for the D-backs. In tandem, Caesars also finalized a multi-year agreement with Major League Baseball to become an Authorized Gaming Operator of the league.
KEYS

Hot Stocks

11:01 EDT Keysight Technologies awarded $39.8M contract by Air Force sustainment center - Keysight Technologies announced the award of a five-year $39.8M contract by the Air Force Sustainment Center at Robins Air Force Base, Georgia. The contract is for Versatile Diagnostic Automatic Test Station kits that will support VDATS test station production and reduce proliferation of unique test stations. "Since its inception, Keysight has offered advanced capabilities and expertise to the US Air Force in support of VDATS and we're honored to be awarded this contract from the Air Force Sustainment Center," stated Vince Nguyen, general manager, Aerospace & Defense Government Solutions Group at Keysight. "In addition to supporting future upgrades to VDATS test stations, this new multi-year contract with Keysight will provide Robins AFB with ordering convenience and improved configuration management."
ADTN

Hot Stocks

10:53 EDT Adtran sees Q2 non-Gaap OpEx about $52M-$53M
ADTN

Hot Stocks

10:53 EDT Adtran sees Q2 non-GAAP gross margin 41%-43%
TUEM BURL

Hot Stocks

10:44 EDT Tuesday Morning appoints Fred Hand as CEO, member of board of directors - Tuesday Morning (TUEM) announced that Fred Hand has been named Chief Executive Officer and a member of the board of directors, effective May 17. Hand most recently served as Chief Operating Officer of Burlington Stores (BURL). Hand's appointment follows the previously announced transition of Steven Becker, who will step down from his role as CEO and director. Becker will continue to serve in a consultancy role until September 30, 2021.
CAH

Hot Stocks

10:25 EDT Cardinal Health raises quarterly dividend 1% to 49.08c per share - Earlier, Cardinal Health announced that its Board of Directors approved a 1% increase in the company's quarterly dividend from 48.59c per share to 49.08c per share, or $1.96 on an annualized basis. The dividend will be payable on July 15, 2021 to shareholders of record at the close of business on July 1, 2021.
FLMN

Hot Stocks

10:23 EDT Falcon Minerals declares Q1 dividend of 10c per share, up 33% from Q4 - Falcon's board of directors declared a dividend of 10c per Class A share for the first quarter 2021, which will be paid on June 8 to all Class A shareholders of record on May 25. The dividend represents a 33% increase from fourth quarter 2020, Falcon Minerals noted in its Q1 earnings release last night. "The first quarter 2021 dividend does not have any effect on the current $11.34 exercise price of the company's outstanding warrants. The company expects that greater than 50% of its 2021 dividends will not constitute taxable dividend income and instead will result in a non-taxable reduction to the tax basis of the shareholders' common stock. The reduced tax basis will increase a shareholders' capital gain, or decrease shareholders' capital loss, when shareholders' sell their common stock," Falcon stated.
HLF IEP

Hot Stocks

10:19 EDT Icahn filing confirms exit from Herbalife Nutrition position - In a regulatory filing, Carl Icahn and his affiliated entities disclosed that he and Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP may be deemed to beneficially own, in the aggregate, zero shares of Herbalife Nutrition following sales that were transacted over the period of April 28 to May 6.
HOME

Hot Stocks

10:03 EDT At Home Group trading resumes
RKT

Hot Stocks

10:00 EDT Rocket Companies falls -16.9% - Rocket Companies is down -16.9%, or -$3.86 to $18.94.
QUOT

Hot Stocks

10:00 EDT Quotient Technology falls -18.1% - Quotient Technology is down -18.1%, or -$3.06 to $13.81.
FSLY

Hot Stocks

10:00 EDT Fastly falls -21.2% - Fastly is down -21.2%, or -$12.30 to $45.76.
GOLF

Hot Stocks

10:00 EDT Acushnet Holdings rises 12.4% - Acushnet Holdings is up 12.4%, or $5.32 to $48.23.
HOME

Hot Stocks

10:00 EDT At Home Group rises 14.4% - At Home Group is up 14.4%, or $4.52 to $35.81.
SBH

Hot Stocks

10:00 EDT Sally Beauty rises 19.2% - Sally Beauty is up 19.2%, or $3.90 to $24.16.
ADVM

Hot Stocks

09:53 EDT Glass Lewis recommends Adverum investors vote for Sonic board nominees - The Sonic Fund II, L.P., which beneficially owns approximately 6.8% of the outstanding common stock of Adverum Biotechnologies, announced that proxy advisory firm Glass, Lewis & Co. has joined Institutional Shareholder Services n recommending that Adverum stockholders vote FOR the election of Sonic's three independent nominees - Jean Bennett, Jodi Cook and Herbert Hughes - for election to the company's Board of Directors at the upcoming 2021 Annual Meeting of Stockholders, which will be held on Wednesday, May 12, 2021. In reaching its conclusion, Glass Lewis noted the following: "[S]ince the recent SUSAR event, the narrative of this proxy contest has completely turned, in our view, to the point where the board's case against the Dissident now appears to be sorely lacking in credibility, while the Dissident's arguments (particularly that the Company should direct greater attention towards resolving the safety issues of ADVM-022) seemingly carry a great deal of prescience."
HOME

Hot Stocks

09:49 EDT At Home Group to be acquired by Hellman & Friedman for $2.8B, $36 per share - At Home Group announced that it has entered into a definitive agreement to be acquired by funds affiliated with Hellman & Friedman in an all-cash transaction valued at $2.8 B, including the assumption of debt. Under the terms of the agreement, At Home stockholders will receive $36.00 per share in cash, which represents a premium of approximately 17% to the company's closing stock price of $30.67 on May 4, 2021, the last trading day prior to media speculation regarding a possible transaction, and a premium of approximately 25% to the 30-day volume weighted average share price. The transaction was negotiated on behalf of At Home by a Special Committee of its board of directors composed entirely of independent directors with the assistance of independent financial and legal advisors. Following the Special Committee's unanimous recommendation, At Home's Board of Directors unanimously approved the merger agreement and has recommended that At Home's stockholders adopt and approve the merger agreement and the transaction. The transaction is expected to close in Q3 of calendar year 2021, subject to the satisfaction of customary closing conditions, including the approval of At Home's stockholders and expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The transaction is not subject to a financing condition. Upon completion of the transaction, At Home will become a privately-held company and At Home's shares will no longer trade on The New York Stock Exchange.
K

Hot Stocks

09:47 EDT Kellogg says seeing good operating leverage - Says Q1 cash flow "stronger than anticipated." Says price mix "remained positive." Sees "moderating" top line growth through remainder of 2021. Sees toughest gross margin comparison in Q2. Sees FY21 effective tax rate ~22.5%.
RGS

Hot Stocks

09:47 EDT Regis falls -14.5% - Regis is down -14.5%, or -$1.74 to $10.30.
FSLY

Hot Stocks

09:47 EDT Fastly falls -17.8% - Fastly is down -17.8%, or -$10.35 to $47.72.
QUOT

Hot Stocks

09:47 EDT Quotient Technology falls -18.9% - Quotient Technology is down -18.9%, or -$3.19 to $13.68.
PACK

Hot Stocks

09:47 EDT Ranpak Holdings rises 14.1% - Ranpak Holdings is up 14.1%, or $2.84 to $22.98.
GOLF

Hot Stocks

09:47 EDT Acushnet Holdings rises 14.7% - Acushnet Holdings is up 14.7%, or $6.30 to $49.21.
SBH

Hot Stocks

09:47 EDT Sally Beauty rises 17.0% - Sally Beauty is up 17.0%, or $3.44 to $23.70.
HOME

Hot Stocks

09:46 EDT At Home Group to be acquired by Hellman & Friedman for $36 per share
HOME

Hot Stocks

09:45 EDT At Home Group to be acquired by Hellman & Friedman for $2.8B, including debt
APM

Hot Stocks

09:45 EDT Aptorum Group, Exeltis to develop preclinical candidate for endometriosis - Aptorum Group has entered into an agreement with Exeltis to develop, manufacture and commercialize a novel preclinical candidate from Aptorum in the following territories: the European Union and Latin America. This novel candidate is intended to target woman's health and gynecological conditions, such as endometriosis or related conditions. Under the agreement, Aptorum Group will retain the development rights in other jurisdictions in the world, as well as the right to develop the novel candidate into a drug product. Commercialization of the product is subject to relevant regulatory approvals in their respective jurisdictions.
SDXAY

Hot Stocks

09:44 EDT Sodexo awarded contracts, extensions with U.S. Army MEDCOM, DeCA, Guam DOE - Sodexo announced awarded contracts and extensions with the U.S. Army Medical Command, the Defense Commissary Agency, and Guam Department of Education. Specifically, Sodexo extended the company's long-term partnership with the U.S. Army MEDCOM and Guam Department of Education in addition to retaining and winning additional business with DeCA. Sodexo was awarded a contract extension with the U.S. Army MEDCOM where Sodexo has been the prime food services contractor since 2008. Through this extension, Sodexo will continue to serve five premier military treatment facilities located at West Point, NY; Ft. Stewart, GA; Ft. Leonard Wood, MO; Ft. Riley, KS; and Ft. Irwin, CA. Sodexo was awarded both a contract extension and additional sites at multiple commissary locations. Through this partnership, Sodexo will work to improve patron experience at 22 sites, 10 of which are new development sites. This contract is to provide all personnel, supervision, and any items and services necessary to perform the deli and bakery operations. Sodexo was awarded a contract extension with the Guam Department of Education where Sodexo has supported the GDOE Food Service Management Program for the past 10 years through the preparation and distribution of breakfast and lunch for 38 schools in accordance with the GDOE regulations, requirements, policies, and procedures.
HOME

Hot Stocks

09:42 EDT At Home Group trading halted, news pending
LXEH

Hot Stocks

09:42 EDT Lixiang Education Holding Company Ltd (ADS) trading resumes
K

Hot Stocks

09:38 EDT Kellogg says continues to grow rapidly in e-commerce - Says gained share in most key markets around the world in Q1. Says cash flows remain strong. Comments taken from Q1 earnings conference call.
ADT

Hot Stocks

09:37 EDT ADT trading resumes
BNFT ADP

Hot Stocks

09:34 EDT Benefitfocus says ADP seeks injunction from court barring Levin's employment - In a regulatory filing, Benefitfocus (BNFT) disclosed that on May 3, a complaint was filed against Matthew Levin by his former employer, ADP, Inc. (ADP), followed on May 5, 2021 by an application for a temporary restraining order and preliminary injunction in the United States District Court for the District of New Jersey. The ADP complaints allege that Mr. Levin, the recently appointed President and CEO of Benefitfocus, in beginning employment with the company would be in violation of restrictive covenant agreements he entered into with ADP while he was employed as its Chief Strategy Officer. The ADP complaints request, among other things, an injunction from the court barring Mr. Levin's employment with the company. "The company believes the claims made in the ADP complaints are without merit and Mr. Levin intends to vigorously defend himself against these actions and begin his employment with the company as planned on May 10," Benefitfocus stated in the filing.
AIHS

Hot Stocks

09:33 EDT Senmiao announces 1.8M rides completed on ride-hailing platfom in April - Senmiao Technology announced operating metrics for its proprietary online ride-hailing platform for the month of April 2021. From March 2021 to April 2021, the growth rate of the number of completed orders was approximately 16%, and the growth rate of the number of drivers completing rides via the platform was approximately 44%. Since the launch of Senmiao's online ride-hailing platform in Chengdu in October 2020, in Changsha in December 2020, in Neijiang in January 2021, and in Guangzhou at the end of March 2021, over 6.2 million rides have been completed using the platform, including approximately 1.8 million rides during April 2021. The average monthly growth rate of the number of completed orders and Active Drivers during the four months ended April 30, 2021, was approximately 39% and 39%, respectively. Approximately 9% of the completed orders generated during April 2021 originated from the newly launched city of Guangzhou, demonstrating the successful ramp of Senmiao's platform. In addition, at the end of April 2021, approximately 11% of Active Drivers also leased automobiles from Senmiao, which demonstrates the added value brought by Senmiao's strategy to cross sell its core ride-hailing focused automobile finance and leasing business with the newer ride-hailing business.
ADT

Hot Stocks

09:32 EDT ADT trading halted, volatility trading pause
LXEH

Hot Stocks

09:32 EDT Lixiang Education Holding Company Ltd (ADS) trading halted, volatility trading pause
ESEA

Hot Stocks

09:30 EDT Euroseas announces charter for M/V 'EM Hydra' - Euroseas announced a new time charter contract for its container vessel M/V "EM Hydra". Specifically: M/V "EM Hydra", a 1,740 TEU vessel built in 2005, entered into a new time charter contract for a period between a minimum of twenty three and a maximum of twenty five months at the option of the charterer, at a gross daily rate of $20,000. The new rate will commence between May 15, 2021 and May 25, 2021 when the vessel will be redelivered from its current charterer.
WGO

Hot Stocks

09:29 EDT Winnebago joins United Nations Global Compact - Winnebago Industries joins 12,000+ global signatories to the United Nations Global Compact, a corporate sustainability initiative designed to advance universal principles on human rights, labor, environment and anti-corruption. Committing to the UN Global Compact advances Winnebago Industries on its corporate responsibility journey.
PCT

Hot Stocks

09:28 EDT PureCycle sinks after called 'ESG SPAC charade' by short-seller Hindenburg - Shares of PureCycle Technologies are down $5.88, or 24%, to $18.71 in pre-market trading after short selling research firm Hindenburg Research called the company a "zero-revenue ESG SPAC charade" in a report published this morning on its website. PureCycle's Chairman/CEO and other associated executives "collectively took 6 companies public prior to PureCycle. All have failed, resulting in 2 bankruptcies, 3 delistings, and 1 acquisition after a ~95% decline," said Hindenburg, which claims that former employees of earlier "failed companies" said PureCycle's executives "based their financial projections on 'wild ass guessing', brought companies public far too early, and had deceived investors." Multiple competitors and industry experts argue that PureCycle "faces steep competition for high quality feedstock, and called the company's financial projections into question," according to Hindenburg. Reference Link
SURG

Hot Stocks

09:24 EDT SurgePays says Surge Logics files to change name to LogicsIQ - SurgePays announces that its subsidiary LogicsIQ, Inc. has recently made the necessary regulatory filings to formally change its name and branding from Surge Logics, Inc. to LogicsIQ. LogicsIQ is led by a seasoned executive team that has helped revenue grow from $1.6 million in 2018 to $7.2 million in 2019 to $16.0 million in 2020. Management looks to build on its growth both organically and through acquisitions to become the top turn-key software as a service solutions provider of software-driven services to law firms and other industry verticals.
SSNC

Hot Stocks

09:24 EDT SS&C further increases offer on acquisition of Mainstream Group - SS&C has amended the Scheme Implementation Deed with Mainstream Group to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.56 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert recommendation, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis. Terms of the proposed acquisition imply an enterprise value for Mainstream of approximately A$376M or approximately $290M. The purchase is expected to close in Q3. Mainstream has subsequently received a further unsolicited proposal from the same third party at AUS$2.60 per share in cash. Mainstream is currently considering the proposal and may determine that it is a superior proposal, but has not yet done so. If Mainstream does determine that it is a superior proposal, SS&C will have 4 business days to match or offer more favorable terms to the third party's further unsolicited proposal.
GRTS

Hot Stocks

09:23 EDT Gritstone Oncology announces anticipated upcoming milestones - Anticipated Remaining 2021 Milestones: Submit an abstract to the European Society for Medical Oncology conference in September 2021 to present GRANITE data, including longer-term follow-up of late-stage, advanced disease patients who remain in the Phase 1 study, in addition to preliminary data from the Phase 2 cohorts in the same disease context; Advance the SLATE program by initiating a study with the version two cassette optimized for KRAS neoantigens for patients with NSCLC, and sharing data from SLATE v1 cohorts in the third quarter of 2021; Initiate a company-sponsored COVID-19 clinical study in the third quarter of 2021, evaluating a novel vaccine containing Spike and other SARS-CoV-2 epitopes as a boost after first generation vaccination; Share NIAID-IDCRC Phase 1 COVID-19 vaccine data in the third quarter of 2021; Share initial COVID-19 vaccine boost data in the fourth quarter of 2021; Initiate two randomized Phase 2 trials of GRANITE in earlier-stage cancer patients in the second half of 2021; Launch a new SLATE program, centered on an undisclosed shared neoantigen, at the end of 2021.
IRWD

Hot Stocks

09:23 EDT Ironwood announces up to $150M share repurchase program - Ironwood announced that its board of directors has authorized a new share repurchase program under which the company may repurchase up to $150M of its outstanding shares of common stock through December.
CLRO

Hot Stocks

09:19 EDT ClearOne Convergence AV cloud enables Management as a Service opportunities - ClearOne announced the immediate availability of CONVERGENCE AV Cloud, which significantly expands AV Practitioner recurring revenue opportunities for remote, real-time Management as a Service. CONVERGENCE Cloud software is a unified AV network management platform to monitor, control, and audit ClearOne Pro Audio and Video products and services. Remote real-time system access provides at-a-glance and all-inclusive dashboard views with auto-discovery of Pro Audio devices and unlimited scalability designed to support organizations of any size.
CNI

Hot Stocks

09:18 EDT CN moved 2.9 MMT of western Canadian grain in April - CN announced that it moved 2.90 million metric tonnes of western Canadian grain in April 2021, exceeding the previous April record of 2.82 MMT set in 2020 and over 5% ahead of the three-year average of 2.75 MMT. So far, during the 2020-2021 crop year, CN has moved over 25.6 MMT of Canadian grain via carload. This is an increase of 17% compared to the previous crop year to-date record of 21.9 MMT established in the 2018-19 crop year. Containerized grain shipments direct from western Canada are also on record pace at over 860,000 metric tonnes shipped crop year to-date, in addition to the tonnage shipped from eastern Canada.
GNPX

Hot Stocks

09:18 EDT Genprex in-licenses gene therapy technologies for lung cancer treatment - Genprex announced that the Company and a major cancer research center in Houston, Texas, in March 2021, entered into an amendment to their May 2020 License Agreement to grant to Genprex an exclusive worldwide license to an additional portfolio of six patents and one patent application and related technology . The Newly Licensed IP includes methods for treating non-small cell lung cancer (NSCLC) by administration of a TUSC2 therapeutic in conjunction with EGFR inhibitors or other anti-cancer therapies, in patients who are predicted to be responsive to TUSC2 therapy. A TUSC2 gene-expressing plasmid is the active agent in REQORSA immunogene therapy, Genprex's lead drug candidate. "We are pleased to continue optimizing and expanding our world-class intellectual property portfolio with the addition of these technologies," said Rodney Varner, President and Chief Executive Officer of Genprex. "These new technologies further add to our arsenal of combination therapies for REQORSA, and may enable us to improve patient outcomes through the advancement of multiple therapeutic approaches."
GLRE...

Hot Stocks

09:18 EDT Greenlight's Einhorn says AerCap continues track record of 'attractive' deals - David Einhorn, Chairman of Greenlight Capital Re, is speaking about the firm's long positions in AerCap (AER) and Danimer Scientific (DNMR) on the company's earnings call. Danimer's intellectual property is "extremely valuable," criticism on the biodegradability of its products is "unfounded" and recent short reports on the company have included a "blatant misuse of data," Einhorn says.
ASPS...

Hot Stocks

09:17 EDT Altisource extends terms, expands relationship with Ocwen - Altisource Portfolio Solutions (ASPS) announced that its subsidiary Altisource S.a r.l. signed a binding term sheet with Ocwen Financial Corporation (OCN) and Ocwen USVI Services extending the term of the services agreements between them from August 2025 through August 2030 for the existing default solutions that Altisource provides to Ocwen, as well as an expanded suite of solutions. The expanded suite of solutions includes the opportunity to provide field services, first and second chance foreclosure auctions, and title services on Ocwen's F.H.A., V.A. and U.S.D.A. loans. The agreement also establishes a framework for Altisource to expand the foreclosure trustee solutions it provides to Ocwen in additional states and, as mutually agreed upon by the parties, to deliver reverse mortgage related solutions to Ocwen. The agreement also resolves the contractual dispute between the parties related to Ocwen's transfer to New Residential Investment (NRZ) or its affiliates the rights to designate service providers other than Altisource.
VIAC

Hot Stocks

09:17 EDT ViacomCBS says advertising revenue continues to improve - Expects double digit advertising growth in Q2 Expects continued robust streaming growth in Q2. Says "well-positioned" to take share in streaming market. Says "super excited" about Paramount+ trends.
FTRPF

Hot Stocks

09:15 EDT Field Trip Health announces DTC eligibility - Field Trip Health is pleased to announce that its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company in the United States.
LKCO

Hot Stocks

09:15 EDT Luokung Technology allowed to resume trading on Nasdaq - Luokung Technology's motion for a preliminary injunction was granted by the U.S. District Court for the District of Columbia, and that as a result of the ruling, the Department of Defense and other government defendants are enjoined from implementing or enforcing the designation of Luokung as a Communist Chinese military company, and the resulting restrictions pursuant to Executive Order 13959. Upon receipt of the Court's decision, Luokung contacted Nasdaq and requested that Nasdaq reconsider the delisting determination that it previously issued. Nasdaq has withdrawn its delisting letter, and the company's shares will continue to trade on the NASDAQ stock market.
AMHC

Hot Stocks

09:15 EDT Amplitude Healthcare Acquisition Corporation (Class A Stock) trading resumes
SHIP

Hot Stocks

09:14 EDT Seanergy Marine announces delivery of M/V Hellasship, time charter with NYK Line - Seanergy Maritime announced that it has taken delivery of the 181,325 dwt Capesize bulk carrier, built in 2012 by Imabari Shipbuilding. in Japan, which was renamed M/V Hellasship. The delivery of the M/V Hellasship is the first of the four Capesize acquisitions performed already in 2021. The Vessel has been fixed on a time charter with NYK Line, a leading Japanese shipping company and operator. The T/C is expected to commence immediately, upon finalization of the customary transition process and will have a term of minimum 11 to maximum 15 months from the delivery. The gross daily rate of the T/C is based at a premium over the Baltic Capesize Index.
RXT VMW

Hot Stocks

09:12 EDT Rackspace Technology launches Rackspace Services for VMware Cloud - Rackspace Technology (RXT) announced the launch of its next-generation VMware-based cloud offering Rackspace Services for VMware Cloud (VMW). The new offering is purpose-built to deliver a fully managed VMware Cloud experience by offering consumption-based usage, self-service management, and real-time provisioning. Engineered from the ground up leveraging VMware Cloud Director on Dell EMC VxRail(R), Rackspace Services for VMware Cloud sets a new standard for managed VMware environments and introduces unique capabilities, including the ability to mix and match shared and dedicated tenancy seamlessly in a single environment.
ABT

Hot Stocks

09:12 EDT Abbott begins trial for combined atrial fibrillation and heart failure treatment - Abbott announced a new trial focused on treatment for people simultaneously battling both atrial fibrillation and heart failure. The first-of-its-kind trial aims to provide new insights into more effective treatment for patients with AFib and heart failure. Clinical trials assessing therapies deployed in tandem to manage cardiovascular comorbidities are rare. For patients, the two conditions increase the risk of stroke, hospitalization or even death. The TAP-CHF trial will manage patients in two phases to better help physicians understand the impact of monitoring fluctuations in pulmonary pressure. Abbott expects the TAP-CHF trial to enroll up to 100 patients at 10 trial sites in the U.S. At the end of the trial, outcomes of patients who had their heart failure management guided by data from the CardioMEMS HF System will be compared to those who received standard of care (medicine) for their heart failure to determine which patient group had better outcomes based on recurrence of AFib, hospitalization or death. The trial will also provide insights into the effect of catheter ablation in patients with HFpEF.
DAKT

Hot Stocks

09:11 EDT Daktronics selected by UBS Arena to install 45 HDR capable LED displays - UBS Arena selected Daktronics to manufacture and install 45 HDR capable LED displays at the $1.1B multipurpose arena under construction at Belmont Park, New York, including its centerhung scoreboard. The LED displays, totaling more than 15,000 square feet and more than 34 million pixels, will be installed for the arena's opening this fall. The centerhung and focal point of the installation will feature 12 LED displays totaling 4,730 square feet. All centerhung displays will feature 5.9 millimeter pixel spacing and four main video displays will face each side of the arena and feature the highest resolution centerhung display technology in the state to bring excellent image clarity and contrast to fans in every seat. Capable of supporting 90,000 lbs., scoreboard displays will feature one of the longest traveling hoists available in arenas for presenting the LED displays in either its hung or nested positions for concerts or hockey games. The new main centerhung displays will be four times larger than the existing displays at Nassau Veterans Memorial Coliseum. In the main seating bowl, two ribbon and 14 vomitory displays combine for nearly 2,000 feet in length and three rink side scorer's tables with displays measure 25 feet in length. These displays can share additional statistics and graphics while also providing opportunities to highlight sponsors throughout events. Seven marquee displays will welcome fans to the arena and begin branding their experience as they arrive while six entrance, lobby, and concourse displays will immerse and engage fans before fans reach their seats. These displays will allow the venue to connect with guests no matter where they are throughout the venue to ensure they are always informed and don't miss a moment of the action.
OMQS

Hot Stocks

09:10 EDT Omniq to acquire Dangot Computers for $7.6M - OMNIQ announced that it has entered into a definitive acquisition agreement pursuant to which OMNIQ will acquire 51% of Dangot Computers, "a leader in providing state of the art technology enabling frictionless automated order processing & digital payment processing products for retail, fast food and parking, integrated working stations for physicians, drug delivery and blood tests, robotics for smart warehouses, point of sales and other innovative solutions." Upon the effectiveness of the acquisition, OMNIQ will pay the shareholder of Dangot a total of approximately $7.6 million comprised of approximately $5.6 million to be paid in cash and $2 million in restricted shares based on average closing share price over the 30 trading days prior to signing. OMNIQ will have a one-year option to acquire the remaining 49% at the same valuation. Closing is expected shortly, upon receipt of approval by the Israeli Competition Authority.
TGEN

Hot Stocks

09:09 EDT Tecogen sells Tecochill chiller to Connecticut hospital - Tecogen announces the sale of a 200-ton Tecochill chiller to a hospital in central Connecticut. The system is expected to be operational in time for the 2021 cooling season and will provide substantial utility cost savings to the hospital. Tecogen plans to provide maintenance services for the system from its service center in Connecticut under a long-term maintenance agreement to ensure that the hospital continues to benefit from the anticipated utility cost savings for years to come.
ABCL

Hot Stocks

09:08 EDT AbCellera teams with Angios to develop therapeutics to combat blindness - AbCellera and Angios GmbH announced that they have entered into a multi-year, multi-target collaboration to facilitate the discovery of monoclonal and bispecific antibodies for vascular diseases of the eye. AbCellera will use its full stack, AI-powered antibody discovery platform to generate panels of antibodies for up to three Angios-selected targets to address diabetic retinopathy. "Through this collaboration, Angios can focus on advancing their unique scientific insights for treating blindness in diabetes, rather than on establishing and scaling internal antibody discovery capabilities," said Carl Hansen, Ph.D., CEO and President of AbCellera. "We are excited to work closely with Angios to start their programs without delay, including identifying bispecific antibodies against diabetic retinopathy, and moving them forward at maximum speed." Diabetic retinopathy, which is a complication of type 1 and 2 diabetes, is caused by chronic hyperglycemia and is the leading cause of preventable visual impairment and blindness in working-age adults. Patients with diabetes who have an increased risk of developing retinopathy include those with comorbid hypertension and dyslipidemia.1,2
VZ

Hot Stocks

09:08 EDT Verizon Business makes Internet of Things connectivity global - The company said, "Enterprises can now benefit from Global Internet of Things connectivity from Verizon Business for mobile assets in 170 countries worldwide with permanent roaming options in North America and Western Europe all on a single SIM. This global coverage enables organizations to manage a vast array of IoT devices including asset trackers, industrial gateways and sensors via ThingSpace, Verizon's self-service IoT platform."
ONEM

Hot Stocks

09:08 EDT One Medical, ParetoHealth partner to provide healthcare to employers - One Medical and ParetoHealth announced a national distribution partnership to offer One Medical's primary care to ParetoHealth's customer base of over 1,400 employers with more than 440,000 lives covered nationwide. "Together, the two organizations aim to improve employee well-being with a highly engaging healthcare benefit that supports employers in taking control of healthcare costs," the company said. "We believe the combination of One Medical and ParetoHealth's products can provide benefits to employers and employees that are unmatched in the industry. No one else has enhanced primary care and virtual care partnered with a self-insurance solution offering multiyear protection and integrated cost management," said Andrew Cavenagh, CEO, ParetoHealth. "Access to high-quality primary care not only reduces the frequency and severity of high-cost medical claims, but the cost of healthcare overall. It allows employers to guide employees to better quality, lower cost healthcare while providing them with much-needed transparency into healthcare needs in their organization. By partnering with One Medical, ParetoHealth is able to offer our members a unique primary care solution on a national level."
PRIM

Hot Stocks

09:07 EDT Primoris awarded 15 contracts worth over $525M - Primoris announced the award, renewal or extension of 15 multi-year contracts with a combined estimated value over $525M. The contracts were secured by the company's utilities segment. The new contracts include a $60M, five-year MSA agreement to install aerial and underground fiber-optic cable in the Gulf Coast region in conjunction with the Rural Digital Opportunity Fund. This project, which will provide telecommunications service to underserved communities, will begin in Q2.
NVAX

Hot Stocks

09:07 EDT Novavax finalizes advance purchase agreement with Gavi - Novavax announced that it has finalized an advance purchase agreement with Gavi, the Vaccine Alliance, for supply of its recombinant protein-based COVID-19 vaccine candidate to the COVAX Facility. Under the APA, Novavax is expected to manufacture and distribute 350M doses of NVX-CoV2373 to countries participating under the COVAX Facility, which was established to allocate and distribute vaccines equitably to participating countries and economies. Under a separate purchase agreement with Gavi, the Serum Institute of India is expected to manufacture and deliver the balance of the 1.1B doses of Novavax' vaccine. Under the APA, Novavax expects to deliver doses with antigen and adjuvant manufactured at facilities directly funded by the investments Novavax received from the Coalition for Epidemic Preparedness Innovations. CEPI invested nearly $400M in Novavax in the spring of 2020 to advance preclinical and early clinical development, manufacturing scale-up, technology transfer, and manufacturing capacity reservation for NVX-CoV2373. Together, Novavax and Serum Institute expect to initiate delivery of the cumulative 1.1B doses in the third quarter of 2021, pending receipt of appropriate regulatory authorizations. Under the APA, Novavax will receive an upfront payment from Gavi later this month and an additional payment after it secures Emergency Use Listing for its vaccine by the WHO. In addition, Novavax has agreed to provide additional doses in the event that Serum Institute cannot materially deliver expected vaccine doses to the COVAX Facility. Vaccine dose allocation will be determined by Gavi across the AMC-eligible and self-financing participants under a tiered pricing schedule.
VZ

Hot Stocks

09:07 EDT Verizon makes Internet of Things connectivity global - The company said, "Enterprises can now benefit from Global Internet of Things connectivity from Verizon Business for mobile assets in 170 countries worldwide with permanent roaming options in North America and Western Europe all on a single SIM. This global coverage enables organizations to manage a vast array of IoT devices including asset trackers, industrial gateways and sensors via ThingSpace, Verizon's self-service IoT platform."
TCS

Hot Stocks

09:06 EDT Container Store partners with Instacart for same-day delivery nationwide - The Container Store and online grocery platform Instacart announced a new national partnership, which will offer customers same-day delivery }from all 93 The Container Store locations. The new partnership has kicked off across Texas, with plans to expand nationwide across 33 states and Washington D.C. in the coming weeks.
MODV

Hot Stocks

09:06 EDT ModivCare announces acquisition of WellRyde, terms undisclosed - ModivCare announced that the Company has completed the acquisition of nuVizzWellRyde technology platform. WellRyde is an industry-leading technology provider of Advanced Transportation Management Systems software, enabling optimized routing, automated trip assignments and billing, and real-time network monitoring. Today, WellRyde is utilized by over 1,200 transportation provider companies, extending ModivCare's digital reach in the industry. The addition of WellRyde's ATMS software to ModivCare's technology platform accelerates the Company's strategy to create the largest digitally integrated NEMT network in the United States. ModivCare's implementation of WellRyde will allow transportation providers and its Medicaid, Medicare, and commercial patients to benefit from real-time visibility into their trips, providing critical access to care. WellRyde also gives ModivCare the ability to provide on-demand trips and rider-pay models to create new lines of business. ModivCare is excited to serve WellRyde's customers and bring new capabilities to its network.
FFIC

Hot Stocks

09:05 EDT Flushing Financial participating in FHLBNY Small Business Recovery Grant Program - Flushing Financial Corporation announced that the Bank is once again participating in the FHLBNY Small Business Recovery Grant Program. This program supports the financial security and health of workers employed by organizations that have suffered a decrease in revenue as a result of the ongoing COVID-19 crisis.
CMI KBR

Hot Stocks

09:05 EDT Cummins, KBR sign MoU to produce green ammonia solution - Cummins (CMI) and KBR (KBR) have signed a memorandum of understanding, or MoU, to collaborate on offering a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia. As leaders in their respective markets, Cummins in proton exchange membrane, or PEM, electrolysis to generate hydrogen, and KBR with ammonia technologies, the companies have committed to explore the benefits of tightly integrated technologies that aim to provide significant capital and operational savings for their customers.
DXR

Hot Stocks

09:04 EDT Daxor receives NIH funding notification for trial using BVA-100 - Daxor announces the initiation of a multi-center clinical trial with two Veterans Affairs Medical Centers to evaluate Blood Volume Analysis guided management of acute decompensated heart failure utilizing the BVA-100 blood test. "We are gratified to have received notification of intent to fund the study from the NIH so that work may commence immediately with the VA system for this landmark prospective study. Past published data has shown BVA-100 guided care has led to reductions in patient mortality of over 82% and 56% for readmissions. This grant and potential subsequent funding stages will result in the highest quality of clinical data driving adoption of Daxor's unique technology broadly, as well as validation of Daxor's patent-pending clinical guidance system", said Michael Feldschuh, CEO and President of Daxor. "High rates of heart failure rehospitalization and mortality and high treatment costs have persisted for decades despite advances in care. The BVA-100 blood test provides a simple, inexpensive, and objective measurement of volume status and composition. This precision enables individualization of treatment and significantly better outcomes for patients."
STM

Hot Stocks

09:04 EDT STMicroelectronics announces family of ST Intelligent, Integrated GaN solutions - STMicroelectronics has announced a new family of ST Intelligent and Integrated Gallium Nitride solutions, STi GaN. STi GaN is an innovative and unique offering combining power and intelligence in compact, high-performance solutions required by the automotive industry as it shifts to electrified platforms.
AJG

Hot Stocks

09:03 EDT Arthur J. Gallagher acquires Koff & Associates - Arthur J. Gallagher acquired Berkeley, California-based Kaneko & Krammer Corp, dba Koff & Associates. Terms of the transaction were not disclosed. Founded in 1984, Koff & Associates offers HR services, including job classification and analysis, compensation studies, compliance, organizational assessments, performance management programs and recruiting services, primarily throughout California. The team focuses on public sector agencies. Catherine Kaneko, Georg Krammer and their team will continue to operate from their current location under the direction of Scott Hamilton, global head of Gallagher's Human Resources & Compensation Consulting operations.
AFCG

Hot Stocks

09:03 EDT AFC Gamma provides Justice Cannabis with $22M credit facility - AFC Gamma announced it has provided a credit facility of $22M to Justice Cannabis Co., a Chicago-based multi-state operator with licenses in eight states. The credit facility is designed to provide Justice Cannabis Co. with the capital necessary to purchase and complete the build out of its 72,000 square foot cultivation and processing facility, along with the buildout of a dispensary, both in Ewing, New Jersey. AFC will hold the entire $22M of the credit facility, which consists of a first-lien term loan. The loan is secured by first-lien mortgages on Justice Cannabis Co.'s wholly owned real estate properties in New Jersey and other commercial-security interests. AFC Management, LLC served as Lead Arranger and Administrative Agent for the transaction.
ARQT

Hot Stocks

09:03 EDT Arcutis Biotherapeutics presents new data from DERMIS-1, DERMIS-2 phase 3 trials - Arcutis Biotherapeutics announced the presentation of new data from the DERMIS-1 and DERMIS-2 pivotal Phase 3 studies evaluating roflumilast cream as a potential once daily, topical treatment for chronic plaque psoriasis at the European Association of Dermatology and Venereology Spring Symposium. Roflumilast cream is a once daily topical formulation of roflumilast, a highly potent and selective phosphodiesterase type 4 inhibitor. Both Phase 3 trials achieved the primary efficacy endpoint of Investigator Global Assessment Success at week eight, with significantly more patients treated with roflumilast cream 0.3% reaching IGA success compared to the control group of vehicle-treated patients. IGA success is defined as clear or almost clear with at least a 2-grade improvement from baseline. Roflumilast also demonstrated statistically significant improvements over vehicle in key secondary endpoints, including the treatment of psoriasis presenting in intertriginous areas, as measured by intertriginous-IGA success. When plaque psoriasis presents in intertriginous areas, it can be particularly challenging to treat, with physicians often needing to prescribe a regimen of multiple medications for a single patient. In the Phase 3 trials, roflumilast was highly effective for intertriginous plaques, with significantly more roflumilast-treated patients reaching I-IGA success at week eight than vehicle-treated patients, with the vast majority of these patients achieving I-IGA=0. Other key Phase 3 findings include: Roflumilast was statistically superior to vehicle for improvement of psoriasis at all timepoints as measured by the Psoriasis Area Severity Index. Across both trials, approximately 40% of patients achieved a 75% reduction in PASI scores by week eight. Patients with clinically significant itch, as measured by a baseline Worst Itch-Numeric Rating Scale greater than or equal to 4, achieved a 4-point reduction in WI-NRS at week eight. Itch improvement was notable by two weeks, the earliest timepoint measured, with consistent improvements achieved through week eight. Roflumilast safety and tolerability were similar to vehicle, including pooled rates of treatment-related treatment-emergent adverse events, any AE leading to discontinuation and application site pain. There were no treatment-related serious AEs, and local tolerability was highly favorable for roflumilast as reported by patient and investigator assessment of irritation, burning, and stinging.
MBII

Hot Stocks

09:02 EDT Marrone Bio announces BIOSt Nematicide gets climate impact score of 9.8 - Marrone Bio Innovations announced that BIOSt Nematicide seed treatment product, achieved an climate impact score of 9.8 out of 10. The Climate Impact Study showed that BIOSt Nematicide reduced greenhouse gas emissions by 85 percent in soybeans and 87 percent in corn compared with conventional pesticides. The independent study, conducted by Boundless Impact Research & Analytics, assessed GHG emissions, human and environmental safety, and product performance against similar conventional and biological pesticides used in seed treatment.
EBET

Hot Stocks

09:01 EDT Esports Technologies accepting wagers on international betting platform - Esports Technologies is accepting wagers on its international consumer platform, Gogawi.com, for the most popular esports titles, including Counter-Strike, League of Legends, Dota 2, StarCraft 2, Rainbow Six, Warcraft 3, King of Glory, FIFA and others. An upgrade to the platform is its use of the payment services solutions Apcopay, Astropay, and CoinDirect. The platform also allows for more traditional sports betting on the NFL, NBA, Soccer, and more than 40 other sports. The platform also recently added casino and table games to its betting roster thanks to its recently announced partnership with Spinomenal. Gogawi.com recently launched in Thailand.
DDD

Hot Stocks

09:00 EDT 3D Systems announces the acquisitions of Allevi, Additive Works - 3D Systems announced targeted investments to address rapidly expanding application opportunities for additive manufacturing in medical and high-reliability industrial applications. "These investments are another important step in the company's aggressive, four-phase initiative to reorganize, restructure, divest non-core assets, and invest for accelerated growth, which was announced in August of 2020," the company said. With the company's continuing progress toward in vivo regenerative medicine applications, there exists a further opportunity to extend this technology to meet the growing near-term demand for advanced bioprinting solutions in medical and pharmaceutical research & development laboratories. To accelerate this laboratory focus, the company announced the acquisition of Allevi. 3D Systems announces it has signed an agreement to acquire Additive Works, subject to regulatory approval. Integrating Additive Works' simulation expertise into 3D Systems' software team will enhance the company's AM software portfolio and innovation capacity, driving accelerated additive manufacturing adoption across the industrial and healthcare markets that the company serves. This includes Additive Works' Amphyon for experts as well as the Amphyon plugin for CAD users - both of which will continue to be sold and supported to customers as a standalone offering.
RCAR

Hot Stocks

09:00 EDT RenovaCare receives full IDE approval for safety, feasability trial - RenovaCare announced that its Investigational Device Exemption application has been granted full approval by the U.S. Food and Drug Administration. This approval enables RenovaCare to conduct a clinical trial to evaluate the safety and feasibility of its SkinGun and CellMist System for the treatment of burn wounds using skin cells obtained directly from the burn patient. The clinical trial protocol is an open-label, single-arm clinical study that will enroll 14 adult burn subjects with partial-thickness second degree thermal burn wounds. The Company expects to conduct the clinical study at four U.S. burn centers over twelve months.
FPRGF

Hot Stocks

08:58 EDT Falco Resources closes sale of portfolio of net smelter return royalties - Falco Resources is pleased to announce that it has closed the previously announced sale to Osisko Gold Royalties, of its portfolio of net smelter return royalties varying from 1% to 2%, for a cash consideration of C$700,000. The Royalties relate to, among others, properties known as Flavrian and Central Camp which are exploration properties surrounding the main Horne 5 properties. Osisko's subsidiary, Osisko Development Corp. is Falco's largest shareholder. Immediately prior to entering into the Royalty Transaction, Osisko had, directly or through ODEV, beneficial ownership of, or control and direction over, 41,385,240 common shares, representing approximately 18.2% of the issued and outstanding common shares of the Corporation, and 18,247,344 common share purchase warrants. In addition, Osisko holds a loan outstanding to the Corporation which is convertible into 31,992,975 common shares of the Corporation. The Royalty Transaction is a "related party transaction" under Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions. It is exempt from the requirements to obtain a formal valuation and minority approval, pursuant to section 5.5(a) and 5.7 (a) respectively of Regulation 61-101, as the value of the Royalty Transaction represents less than 25% of the market capitalization of Falco. The independent directors of the Corporation have approved the Royalty Transaction and the board members who are nominees or officers of Osisko or ODEV abstained from voting on the resolutions to approve such transactions.
ANF

Hot Stocks

08:56 EDT Hollister partners with D'Amelio sisters for Social Tourist fashion brand - Hollister is building upon its relationship with leading social media personalities Charli and Dixie D'Amelio to launch Social Tourist, a new trend-forward apparel brand within the Abercrombie & Fitch Co. portfolio. For its initial May 20 launch, Social Tourist will be available exclusively in Hollister stores and online. Social Tourist will have four distinct apparel lines: gender inclusive items, trend pieces such as dresses and skirts, everyday essentials featuring premium basics, and swim. Each collection will include limited-edition items, with new product dropping approximately every month.
HZNP

Hot Stocks

08:55 EDT Horizon Therapeutics announces publication on inebilizumab-cdon - Horizon Therapeutics announced the publication of a new analysis of the pivotal Phase 2/3 N-MOmentum trial for UPLIZNA assessing the potential for reduced risk of worsening disability in those living with NMOSD. These data are published in the May issue of Neurology Neuroimmunology & Neuroinflammation. UPLIZNA is the first and only FDA-approved anti-CD19 B-cell depleting humanized monoclonal antibody for the treatment of adult patients with anti-aquaporin-4 (AQP4) antibody positive NMOSD. A separate analysis of the Phase 2/3 N-MOmentum trial published in the Annals of Neurology highlights a potential new biomarker of disease activity in NMOSD. Currently there is no blood test that can effectively monitor disease activity, severity of attacks or treatment impact for NMOSD patients. But research has indicated that serum glial fibrillary acidic protein may be a relevant biomarker for the disease. "Over the past few years, there has been remarkable progress in the scientific understanding and treatment of NMOSD that has improved patient outcomes," said Quinn Dinh, M.D., vice president, medical affairs, Horizon. "These two publications assess the clinical impact of UPLIZNA on the challenging, progressive effects of NMOSD. Through continued research, we have an opportunity to further enhance our knowledge and ability to support the NMOSD community."
BRBR AEE

Hot Stocks

08:54 EDT BellRing Brands appoints Chonda Nwamu to board of directors - BellRing Brands (BRBR) announced that Chonda Nwamu has been appointed to its board of directors, effective May 5. With the addition of Nwamu, the board now consists of six members. Nwamu currently serves as the Senior Vice President, General Counsel and Secretary for Ameren Corporation (AEE). Ms. Nwamu currently serves on the board of directors of the Boys and Girls Club of Greater St. Louis.
CDR GS

Hot Stocks

08:53 EDT Cedar Realty Trust partners with Asland Capital, Goldman Sachs Urban Investment - Cedar Realty Trust (CDR), the Goldman Sachs (GS) Urban Investment Group and Asland Capital formed a joint venture for the construction of the first phase of Northeast Heights, a mixed-use office and retail development in the Minnesota/Benning submarket of Washington D.C.'s Ward 7 neighborhood. The partnership also announced it has secured $105M in construction financing from J.P. Morgan. The first phase of Northeast Heights is a 258,500 square foot six-story commercial building. The office space is 100% leased to the Washington, D.C., Department of General Services for its headquarters. Cedar Realty Trust and Asland Capital Partners are co-developing the property while the Goldman Sachs Urban Investment Group is serving as a strategic capital partner. Construction is expected to begin in Q2. The joint venture will work to lease the remaining retail space at the property to retailers that benefit tenants of the office building.
ALBO

Hot Stocks

08:53 EDT Albireo Pharma sees cash runway into 2023 - The Company had cash and cash equivalents at March 31, 2021, of $217.1 million, which compares to $251.3 million at December 31, 2020. The Company has sufficient capital resources to fund the planned launch and development programs. Cash runway into 2023 and plans to monetize a Priority Review Voucher, if received upon approval. The 2021 operating cash burn is anticipated to be in the range of $130-$135 million. 2021 revenue from Bylvay is anticipated to be in the low single digit U.S. $ millions.
GBOX

Hot Stocks

08:52 EDT GreenBox announces appointment of Carl Williams to board of directors - GreenBox announced that the board of directors has appointed Carl Williams to the board of directors. "In a move to enhance the Company's governance and knowledge pool relating to international payment services and technology, GreenBox extended an offer to Williams to serve as a member of the company's board of directors and he accepted and will immediately join the board," the company said. Williams most recently served as CEO & chairman of the board of Planet Payment.
VIAC

Hot Stocks

08:51 EDT ViacomCBS CEO says 'thrilled with where we are' - Says there is "clearly momentum" in streaming figures. Seeing "robust growth" in global streaming revenue. Says "unique strategy" is working. Says poised to dramatically expand movie library. Comments taken from Q1 earnings conference call.
ECL

Hot Stocks

08:49 EDT Ecolab launches Water Flow Intelligence, providing visibility of water usage - Ecolab launched Water Flow Intelligence, a digital service that provides industry with real-time visibility of water usage at the enterprise, site and asset levels. "Water Flow Intelligence enables companies to identify opportunities that help improve water management across their operations, deliver on sustainability goals and reduce operational costs by combining smart water meters and sensors with advanced water flow measurement and monitoring, asset performance insights and machine learning," the company said. The service is powered by ECOLAB3D, a cloud-based digital platform that translates data from multiple sources into actionable insights.
WETF

Hot Stocks

08:47 EDT WisdomTree launches WisdomTree Alternative Income Fund - WisdomTree announced the launch of the WisdomTree Alternative Income Fund, or HYIN, on the CBOE with an expense ratio of 3.20%. HYIN seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index, or GLACI. Gapstow Capital Partners has created the GLACI, which is an equal weighted index that tracks the performance of debt and debt-based securities of approximately 35 "Publicly Traded Alternative Credit Vehicles" that consist of Business Development Companies, Real Estate Investment Trusts, and Closed-End Funds.
CYRX

Hot Stocks

08:47 EDT Cryoport, LabConnect announce partnership - LabConnect and Cryoport announced a partnership to provide comprehensive logistics support for an upcoming Phase I/II clinical trial sponsored by Triumvira Immunologics, a privately held biopharmaceutical company developing a novel platform for engineering T cells to attack cancers. The study intends to investigate the safety and efficacy of autologous TAC-T Cells targeting HER2 in relapsed or refractory solid tumors. The partnership will integrate Cryoport's Cryoportal Logistics Management Platform and LabConnect's SampleGISTICS platform to provide Triumvira with the highest possible available level of tracking and proactive management for their samples, source materials, and therapeutic product. Each step from scheduling, sample collection, confirming courier pickups/deliveries, and monitoring transport will be monitored by LabConnect and Cryoport project management.
GE

Hot Stocks

08:45 EDT General Electric acquires molecular imaging agent Zionexa, terms undisclosed - GE Healthcare announced the acquisition of Zionexa, "a leading innovator of in-vivo oncology and neurology biomarkers that help enable more personalized healthcare." The company aims to develop and bring to market Zionexa's pipeline biomarkers, as well as the recently FDA-approved PET imaging agent, Cerianna, which is used as an adjunct to biopsy for the detection of estrogen receptor positive lesions to help inform treatment selection for patients with recurrent or metastatic breast cancer. It is estimated that 168,000 people have metastatic breast cancer ("Stage 4") in the U.S.1, with a five-year survival rate of 28 percent2. Cerianna has been commercially available in the U.S. since December 2020 and today is accessible to approximately 25 percent of the relevant patient population. By leveraging its Molecular Imaging Supply Chain, R&D, Medical Affairs, Market Access, Regulatory, Quality and Commercial expertise, GE Healthcare's Pharmaceutical Diagnostics business - the global leader in pharmaceutical imaging agents - aims to scale Cerianna to be accessible to a minimum of 75 percent of patients by 2023. Kevin O'Neill, President and CEO of GE Healthcare Pharmaceutical Diagnostics, said: "Like GE Healthcare, Zionexa's products are aimed at enabling more precise diagnosis, improved treatment decision-making and ultimately better clinical outcomes for patients. This acquisition further demonstrates our commitment to enabling precision health and providing innovations that support oncologists, nuclear medicine specialists and other physicians throughout a cancer patient's journey, from initial screening and diagnosis to informing therapy selection and monitoring the effectiveness of treatment."
FLDM AZN

Hot Stocks

08:45 EDT Fluidigm announces publication on its mass cytometry technologies - Fluidigm (FLDM) announced the publication of data that validate the potential of its mass cytometry technologies, CyTOF and Imaging Mass Cytometry, to provide new approaches to evaluating cancer therapies in animal models using human tumor xenografts, potentially identifying which patients are most likely to benefit from specific targeted cancer therapies. The research was led by scientists at the Cancer Research UK Cambridge Institute at the University of Cambridge in collaboration with the Imaging and Molecular Annotation of Xenografts and Tumors Cancer Grand Challenges Consortium, and the data have been published online in Nature Communications. This work was funded by Cancer Grand Challenges, AstraZeneca (AZN), a European Research Council Advanced Grant and the EU Marie Sklodowska-Curie Research program. Researchers developed a panel of 33 antibodies designed to detect and differentiate human tumor cells from the surrounding mouse cells and to detect activation of cancer-related signaling pathways as well as markers of cell death. The breast cancer mass cytometry antibody panel was validated in a variety of well-characterized cell lines and then used to evaluate 53 human breast cancer xenograft samples capturing the diversity of breast cancers observed in patients, as previously shown and published in Cell. The study also used drug screening data generated in the same xenograft platform to correlate BCMC-determined cellular phenotypes with response or resistance to specific therapies. Also, a specific cellular architecture was identified and was correlated with response to the PI3K-inhibitors, a class of drugs for which genomic analysis is a poor predictor of response. An additional key finding from the study is the demonstration that defined cell phenotypes with different responses to treatment co-exist within a single tumor. Importantly, this phenotypic variability does not appear to correlate with genetic intra-tumor variability.
POWW

Hot Stocks

08:42 EDT AMMO, Mill City Ventures III partner on GunBroker.com customer financing - AMMO is pleased to announce that it has entered into a non-binding Letter of Intent with Mill City Ventures III, a non-bank lender and specialty finance company, whereby the two companies will work together to provide GunBroker.com customers with the option to purchase items through the GunBroker.com website using short-term consumer financing provided by Mill City.
TPR

Hot Stocks

08:40 EDT Tapestry sees 'mild' impact on Q4 results from Suez Canal blockage
GNBT

Hot Stocks

08:40 EDT Generex's NuGenHealth contracts with FHCA to provide remote patient monitoring - Generex announces that its subsidiary NuGenHealth has signed a contract with Florida Health Care Associates, FHCA, to provide connected care solutions for patient engagement and Remote Patient Monitoring, or RPM, services. NuGenHealth, a joint venture between Generex subsidiary NuGenerex Health and Worldwide Digitech, will provide the software, data framework and back-end support for the NuGenHealth SaaS system to advance collaborative, connected care in order to improve patient health outcomes for patients under the care of FHCA. Under the terms of the agreement, NuGenHealth will provide the SaaS system and implementation, personnel training, and system oversight to optimize workflows for RPM and to collect, analyze, and report real-time patient data. NuGenHealth will also supply FHCA with Bluetooth connected blood pressure monitors, electronic scales, glucose monitors, and pulse oximeters for their eligible patient population. In collaboration with and assistance from the NuGenHealth implementation team, FHCA will implement the NuGenHealth SaaS suite on site, handle the initial onboarding of patients, train their patients on the use of the monitoring devices, and manage the day-to-day monitoring of their RPM patient population.
TPR

Hot Stocks

08:40 EDT Tapestry expects to incur higher freight costs
PRPH

Hot Stocks

08:40 EDT ProPhase Labs to provide COVID testing to Dutchess County, New York - ProPhase Labs announced that it has signed a contract with Dutchess County, New York to provide reliable COVID-19 testing to its nearly 300,000 residents within 22 towns and four villages. ProPhase was awarded the contract after a highly competitive process in which it was able to demonstrate its distinguished multiplex RT-PCR testing, which offers over 99 percent accuracy and provides results within 24-hours that can be reported directly to a patient's smartphone.
XFOR

Hot Stocks

08:38 EDT X4 Pharmaceuticals expects cash to fund operations into 4Q22 - X4 had $116.7 million in cash, cash equivalents and restricted cash as of March 31, 2021. X4 expects that its cash and cash equivalents will fund company operations into the fourth quarter of 2022.
AEZS

Hot Stocks

08:38 EDT Aeterna Zentaris announces selection of development candidate in DC-PTH program - Aeterna Zentaris through its wholly-owned subsidiary Aeterna Zentaris GmbH announced that, in consultation with The University of Sheffield, UK, Aeterna has selected AEZS-150 as the lead candidate in the company's delayed clearance parathyroid hormone fusion polypeptides program. Aeterna will now start the formal preclinical development of AEZS-150 in preparation for a potential IND filing for conducting the first in-human clinical study of AEZS-150. AEZS-150 is being developed with the goal of providing a potential new treatment option of primary hypoparathyroidism in adults. AEZS-150 is a DC-PTH consisting of a modified growth hormone binding protein linked to PTH1-34. It is being developed with the goal of producing a product with delayed clearance of one or two weeks and the potential to be self-administered via a pharmaceutical pen. If successful, it would help patients maintain normal serum calcium and phosphate levels during chronic use. The technology is based on proprietary intellectual property exclusively licensed by Aeterna from the University.
MFA

Hot Stocks

08:37 EDT MFA Financial to acquire Lima One Capital - MFA Financial has entered into a definitive agreement to acquire substantially all of the remaining ownership interests it did not previously own in Lima One Holdings, a nationwide originator and servicer of business purpose loans for residential real estate investors, from affiliates of Magnetar Capital. The acquisition includes Lima One's operating platform and $1.1B servicing portfolio as well as approximately $200M of related financial assets. MFA acquired a strategic minority ownership interest in Lima One in 2018 and has been an active buyer of its BPLs since 2017. MFA expects that Lima One's executive leadership team will continue to remain with the business following the completion of the transaction and Lima One's operating platform will remain in Greenville, SC. MFA will acquire all of the Sellers' ownership interests in Lima One using cash on hand. The transaction is expected to close in Q3. Upon closing, Lima One will become a subsidiary of MFA and its operations will be reflected in MFA's consolidated financial statements.
CSCW

Hot Stocks

08:36 EDT Color Star Technology to sell portion of 'Guilt' movie as NFT - Color Star Technology announced that it will sell a portion of the content of the movie "Guilt" as a NFT. Since its release, the movie "Guilt" has received a great deal of attention. The film, which is adapted from real events, has sparked lively discussion. The Company has decided to sell parts of the unreleased content of the movie as a NFT. The introduction of Color Star's NFT products is a new application of blockchain technology. The company has always believed that the blockchain technology of non-fungible token suits the entertainment industry best. This technology not only promotes the development of entertainment copyrights, but also benefits materially the copyrights owners. With this NFT application in place, Color Star will continue to launch more NFT-related products in areas such as music copyrights and TV copyrights.
BDSI

Hot Stocks

08:35 EDT BioDelivery Sciences expects 2021 revenue $170M-$180M, consensus $179.53M - The Company reiterates its 2021 financial guidance, with full year 2021 total Company net sales of $170 - $180 million, including full year 2021 BELBUCA net sales of $155 - $165 million. Total operating expenses are expected to be in the range of $115 - $120 million, as the Company continues to invest to support the growth of its brands, and EBITDA is expected to be in the range of $40 - $50 million in 2021. The Company expects to continue delivering positive operating cash flow throughout 2021.
FAST

Hot Stocks

08:35 EDT Fastenal reports April sales up 1.2% to $497.1M - Fastenal reported April net sales of $497.14M, up 1.2% compared to the same month of 2020. The company reported April daily sales of $22.6M, up 1.2% year-over-year. Reference Link
LMFA

Hot Stocks

08:34 EDT LM Funding announces 1-for-5 reverse stock split - LM Funding America announced a 1-for-5 reverse stock split of its outstanding common stock, effective at 12:01 a.m. Eastern time on May 7. Beginning tomorrow, May 7, LM Funding's common stock will trade on a split-adjusted basis. At LM Funding's Annual Meeting of Shareholders held on May 11, 2020, the company's shareholders approved a proposal to amend the company's Certificate of Incorporation to effect a reverse stock split of its common stock at a ratio within the range of one-for-two to one-for-ten, as determined by the company's board of directors. On April 21, the board of directors approved a 1-for-5 reverse split, and on May 5, LM Funding filed a Certificate of Amendment to its Certificate of Incorporation to effect the reverse stock split effective as of May 7, 2021. LM Funding's shares of common stock will continue to trade on the NASDAQ under the symbol "LMFA." The new CUSIP number for the company's common stock post reverse stock split is 502074404.
QNTA

Hot Stocks

08:32 EDT Quanta's Medolife implements proprietary electro solution, increase efficacy - Medolife Rx, which is a majority owned subsidiary of Quanta, announced that it has successfully implemented a new technology into its polarization methodology that further increases the effect of polarization, where it increases efficacy and potency of active pharmaceutical ingredients for use in pharmaceutical and nutraceutical products. Proprietary to the company, the original polarization technology was developed by Medolife CEO Dr. Arthur Mikaelian and increases the potency of single molecules and complex compounds. The polarization process leverages quantum biology with the goal of creating a resonating effect. "Medolife leverages this polarization technology in both its nutraceutical consumer wellness products as well as in its pharmaceutical drug candidates, where the company is conducting clinical trials in the areas of the SARS-CoV-2 virus and various forms of cancer," the company said. The company's lead product is Escozine, a proprietary formulation consisting of small molecule peptides derived from Rhopalurus princeps scorpions, is amplified by the company's polarization technology. The company has recently announced milestones in its pharmaceutical programs, culminated in its first major drug product registration in the Dominican Republic, allowing for sales of Escozine throughout Latin America.
ACHL

Hot Stocks

08:31 EDT Achilles Therapeutics receives Horizon 2020 Grant - Achilles Therapeutics announced that it is a member of a consortium that has been awarded a grant from Horizon 2020, an EU Research and Innovation program. The consortium, which is led by UCL and includes The Francis Crick Institute, the Weizmann Institute of Science, and the Technical University of Denmark, in addition to Achilles, will research the immunogenicity of tumor neoantigens with the aim of developing a tool to predict neoantigen immunogenicity. Current technologies struggle to discriminate immunogenic tumor neoantigens from the thousands of background mutations in tumors at scale. The consortium will work together to develop a high throughput neoantigen immunogenicity profiling platform. The project, named DECOD-Ag, will be conducted by a team of world-leading, interdisciplinary scientists from the consortium with expertise in cancer immunotherapy, bioinformatics, peptidomics, mass spectrometry, immune monitoring, clinical and translational medicine. This project has received EUR 3 million from the European Union's Horizon 2020 research and innovation programme under the FETOPEN grant agreement number 964998. Approximately EUR 0.8 million will be allocated to Achilles.
NSIT

Hot Stocks

08:29 EDT Insight Enterprises CEO Ken Lamneck plans to retire - Insight Enterprises, announced that Ken Lamneck plans to retire as President and Chief Executive Officer effective December 31, 2021. Mr. Lamneck, 66, has been with the company since January 1, 2010. Mr. Lamneck will continue to serve as the President and CEO and a member of the Board until a successor has been named. He will then transition to an advisory role.
QRVO

Hot Stocks

08:29 EDT Qorvo acquires MEMS-based senor solution provider NextInput - Qorvo announced that it has acquired NextInput. NextInput has shipped tens of millions of MEMS-based sensors to manufacturers of smartphones, wearables, automobiles and other applications. "The acquisition of NextInput expands Qorvo's technology portfolio and enables Qorvo to accelerate the deployment of force-sensing solutions utilizing MEMS-based sensors," the company said. NextInput will be part of Qorvo's Mobile Products and will be led by NextInput CEO and Founder Ali Foughi.
DTE

Hot Stocks

08:28 EDT Copper Hop Brewing Co. enrolls in DTE Energy's MIGreenPower program - Copper Hop Brewing announced its enrollment in DTE Energy's MIGreenPower program. MIGreenPower provides DTE Electric customers with a turnkey solution to achieving their sustainability goals by attributing their energy use to Michigan wind and solar parks. Copper Hop will be attributing 100% of its energy use to renewable energy and is the first brewery to enroll in the program.
MDXG

Hot Stocks

08:27 EDT MiMedx announces collaboration with the Wake Forest Institute - MIMEDX Group announced a collaborative agreement with the Wake Forest Institute for Regenerative Medicine to develop and advance scientific evidence in support of safe and effective clinical therapies. The partnership reflects a shared vision to advance regenerative science and innovative biologics that restore quality of life for patients, and is geared to further understanding product mechanisms of action and potential therapeutic targets.
MILE BTC

Hot Stocks

08:27 EDT Metromile to accept insurance premiums, pay claims in bitcoin - Metromile (MILE) announced it will soon allow policyholders the option to pay for insurance and receive payment for eligible and approved insured claims in bitcoin (BTC) or dollars. Metromile will purchase $10M of bitcoin in Q2 2021 to adopt cryptocurrency as an additional choice for insurance premiums and payment of claims. Metromile believes allowing cryptocurrency payments will support its commitment to fairer insurance and promote financial resilience for policyholders as cryptocurrency becomes mainstream and a more significant portion of consumers' assets.
BEEM

Hot Stocks

08:26 EDT Beam Global receive federal agency order through federal contract - Beam Global announced that a federal customer has placed a fifth order for EV ARC systems. This repeat order was, for the first time, placed using General Services Administration Multiple Award Schedule Contract Number 47QSWA21D0006. On Jan. 27, 2021, President Biden issued an executive order that called for "clean and zero-emission federal, state, local, and tribal government fleets." The federal government operates approximately 645,000 vehicles. President Biden also proposed $174B investment in the EV market and an additional 500,000 publicly available EV charging stations on U.S. highways. Beam Global views Federal investment in EV infrastructure as an important potential source of future revenues particularly now that the company has been awarded a Federal GSA contract.
FLGT

Hot Stocks

08:26 EDT Fulgent Genetics welcomes Dr. Lawrence Weiss as Chief Medical Officer - Fulgent Genetics announced the appointment of Lawrence Weiss, M.D. as Chief Medical Officer, reporting to the Company's Chief Executive Officer, Ming Hsieh. Dr. Weiss will be responsible for expanding Fulgent's reach in molecular diagnostics and driving the advancement of the Company's portfolio of oncologic testing solutions.
AMHC

Hot Stocks

08:25 EDT Amplitude Healthcare Acquisition Corporation (Class A Stock) trading halted, news pending
NMRD

Hot Stocks

08:24 EDT Nemaura Medical progress on listing sugarBEAT for reimbursement in Germany - Nemaura Medical announced progress with the German regulatory authority, or GBA, to achieve reimbursement for its sugarBEAT device. After initial review, the GBA has determined that sugarBEAT does not require GBA review and will go directly to the National Association of Statutory Health Insurance Funds for a listing on the durable medical catalog. The company is now completing the application for this listing, which is expected to be faster than where a GBA review is required.
GECC

Hot Stocks

08:23 EDT Great Elm Capital announces $25M revolving credit facility - Great Elm Capital announced the Company has entered into a Loan, Guarantee and Security Agreement with City National Bank. The Loan Agreement provides for a senior secured revolving line of credit of up to $25 million. The Company may request to increase the revolving line in an aggregate amount not to exceed $25 million, which increase is subject to the sole discretion of CNB. The maturity date of the revolving line is the earlier of May 5, 2024 and May 15, 2022 if the Company's 6.50% notes due 2022 are not refinanced on or prior to such date. Borrowings under the revolving line bear interest at a rate equal to the London Inter-bank Offered Rate plus 3.50%, a base rate plus 2.00% or (iii) a combination thereof, as determined by the Company.
FUSN MRK

Hot Stocks

08:23 EDT Fusion Pharmaceuticals announces clinical trial collaboration with Merck - Fusion Pharmaceuticals (FUSN) announced that it has entered into a clinical trial collaboration with a subsidiary of Merck (MRK) to evaluate Fusion's lead candidate, (FPI-1434), in combination with Merck's anti-PD-1 therapy, KEYTRUDA, in patients with solid tumors expressing insulin-like growth factor 1 receptor. The planned Phase 1/2 combination trial will evaluate safety, tolerability and pharmacokinetics of FPI-1434 in combination with pembrolizumab and is expected to initiate approximately six to nine months after achieving the recommended Phase 2 dose in the ongoing Phase 1 study of FPI-1434 monotherapy. Under the terms of the agreement, Fusion will sponsor the study and Merck will supply KEYTRUDA.
OCX

Hot Stocks

08:23 EDT Medicare coverage determination cites publications from Oncocyte subsidary - Oncocyte announced that a pathway for future Medicare reimbursement coverage may have been created for TheraSure Transplant Monitor, a solid organ transplantation monitoring test developed by Oncocyte's subsidiary Chronix Biomedical. The Chronix monitoring test is intended to use a simple blood draw to monitor for rejection of transplanted organs. Palmetto, the Medicare Administrative Contractor for the Centers for Medicare & Medicaid Services, issued a local coverage determination recognizing molecular testing for solid organ allograft rejection as a category of tests eligible for Medicare reimbursement. This policy extends coverage to any method providing donor derived cell-free DNA values with proven analytical performance. The decision establishes a simplified and accelerated pathway for Medicare reimbursement coverage that Oncocyte's new subsidiary Chronix may follow for its patented solid tumor organ transplant rejection monitoring technology. The coverage policy for transplant rejection monitoring, Molecular Testing for Solid Organ Allograft Rejection, cites three peer reviewed publications on the performance of the Chronix test in solid organ transplant monitoring, and establishes a pricing parameter of $2,700-$2,800 per test depending on the organ transplanted. Oncocyte estimates that total revenues could range from $40,000-$50,000 per patient over a two-to-three year timeframe assuming current transplant monitoring guidelines are followed. The Chronix TheraSure Transplant Monitor test has been validated in clinical cohorts after kidney, heart and liver transplantation. It is also the only patented assay available for dd-cfDNA that reveals absolute cfDNA concentrations in addition to percentage values. Peer reviewed journals and numerous studies have established that absolute concentration data are superior to percentage value data in rejection detection1 in kidney and eliminate a systematic bias seen in competing technologies used to test organ rejection in patients later than one year after transplant.
ALYA

Hot Stocks

08:21 EDT Alithya Group awarded C$10M multi-year contract - Alithya Group announced that it has been awarded a multi-year contract with a C$10M dollars initial value for plant level Operational Technology cyber security consulting services in the North American manufacturing/utilities sector. The contract was awarded to support strategic cyber security initiatives and ensure compliance to the latest industry regulated cyber security standards.
NHYDY

Hot Stocks

08:21 EDT Norsk Hydro announces approval of proposale for dividend of NOK 1.25 per share - The Annual General Meeting of Norsk Hydro ASA was held on 6 May 2021. The meeting was conducted as a virtual meeting due to Covid-19. All proposals on the agenda were adopted, c.f. the notice of the Annual General Meeting that was published 13 April 2021, including the proposal to distribute a dividend of NOK 1.25 per share. The dividend will be paid on May 19, 2021 to ordinary shareholders as of May 6, and who are listed in the Norwegian Central Securities Depository as of May 10. The share will be traded ex-dividend from May 7.
CNNEF

Hot Stocks

08:20 EDT Canacol Energy says gas sales averaged 166 MMscfpd for April - Canacol Energy is pleased to provide the following information concerning its April 2021 natural gas sales and drilling program. Realized contractual natural gas sales were 166 million standard cubic feet per day for April 2021. Nelson 9 development well and Agua Vivas 1 exploration well: The Nelson 9 development well encountered 52 feet true vertical depth of gas pay within the Porquero sandstone target, and will be tied in and on production by early May 2021. The Aguas Vivas 1 exploration well is expected to spud prior to Mid May 2021.
LDOS

Hot Stocks

08:20 EDT Leidos awarded spot on $12.6B DIA SITE III IT support contract - Leidos was recently named as an awardee for the Defense Intelligence Agency's Solutions for the Information Technology Enterprise III contract vehicle. The 10-year multiple-award contract holds a total estimated value of $12.6B. As an awardee, Leidos will continue supporting DIA and compete for task orders to support the overall program. SITE III is DIA's third consecutive Indefinite Delivery/Indefinite Quantity contract to address the evolving information technology requirements vital to the security of the United States. The contract facilitates worldwide coverage for integrated IT intelligence requirements and technical support services to the DIA and National Geospatial-Intelligence Agency.
OCGN

Hot Stocks

08:19 EDT Ocugen presents new preclinical data on OCU200 at ARVO annual meeting - Ocugen announced the presentation of a pre-clinical study to evaluate efficacy of OCU200 in in-vitro and in-vivo models for ocular neovascular diseases. The data will be featured in a virtual poster presentation entitled "OCU200: A potential therapeutic for DME, DR, and wet-AMD" at the Association for Research in Vision and Ophthalmology, or ARVO, 2021 Annual Meeting, taking place May 1-7. OCU200 is a biologic product candidate in preclinical development for treating severely sight-threatening diseases like Diabetic Macular Edema, Diabetic Retinopathy, and Wet Age-Related Macular Degeneration. The purpose of this study was to evaluate efficacy of OCU200 in in-vitro and in-vivo models for ocular neovascular diseases. Angiogenesis and neovascularization are hallmarks for DME, DR, and wet-AMD. Most approved therapeutics target vascular endothelial growth factor, a pro-angiogenic factor with neurotrophic and neuroprotective effects. However, approximately 50% of Patients do not respond to anti-VEGF/Corticosteroids therapies. OCU200 inhibited cell proliferation, cell invasion and tube formation by endothelial cells. In an oxygen induced retinopathy mice model, OCU200 significantly reduced avascular areas at low dose and high dose, and significantly reduced neovascular tufts at low dose compared to vehicle-treated eyes. Aflibercept reduced NVs by 77%. OCU200 showed comparable activity to aflibercept. These findings suggest that OCU200 represents a potential therapeutic for the treatment of DME, DR, and wet-AMD.
HEPA

Hot Stocks

08:19 EDT Hepion completes patient recruitment in Phase 2a AMBITION trial - Hepion Pharmaceuticals announced that it has completed recruitment for its Phase 2a 'AMBITION' clinical trial, with all NASH patients in the 225 mg CRV431 dosing cohort now enrolled. The Phase 2a 'AMBITION' study is a single-blinded, placebo controlled trial designed to assess safety, tolerability, pharmacokinetics, and biomarker analyses for early assessments of efficacy of 75 and 225 mg CRV431. Study drug or placebo are administered orally, once daily for 28 days. Hepion will also examine several biomarkers including collagens, matrix metalloproteinases, lipidomics, genomics, liver transaminases, Pro-C3, ELF score, gene-gene, gene-protein network analysis, and Fibroscan to determine early assessments of efficacy of CRV431 in the treatment of NASH. In addition, Hepion will use AI-POWR, its proprietary Bioinformatics and AI platform that allows for precision medicine, to optimize the understanding the activity of CRV431 in NASH, which will also guide further development of CRV431 in subsequent clinical studies.
MAXN

Hot Stocks

08:18 EDT Maxeon Solar, Clean Capital Energy announce partnership - Maxeon Solar announced that it has been selected by Clean Capital Energy Group, one of Austria's largest and most experienced solar energy service company, as their primary premium solar panel technology provider to build a growing base of residential and commercial solar customers in Austria. This partnership comes after more than 2 years of collaboration with CCE as an official installation partner.
APDN

Hot Stocks

08:18 EDT Applied DNA Sciences, Evvivax updates data on LinearDNA COVID vaccine candidate - Applied DNA Sciences announced a booster injection delivered 30 days after the prime vaccination elicited an average boost in SARS-CoV-2 neutralizing antibody levels by over 5-fold, with every member of the trial cohort producing NAbs. The antibodies produced by the members of the feline cohort were tested against functional SARS-CoV-2 virus of the D614G lineage. The D614G mutation is present in most variants. Testing showed that neutralizing titers were detected in feline sera with a geometric mean titer for the cohort of 398. The average NAb titer results post-booster exceeded the three- to four-fold enhancement previously predicted by the Company. The Company expects to have cellular immunity data for the feline cohort in the coming weeks. Dr. James A. Hayward, president and CEO, Applied DNA, said, "These data are very exciting because they are produced with infectious, functional virus. While no direct comparison is possible, we believe the immune response elicited by the feline cohort is competitive with the immune responses elicited by currently authorized COVID-19 vaccines. The LinearDNA vaccine candidate, produced by scalable PCR-based manufacturing, yields an extremely pure product, was freeze-dried, shipped without refrigeration, and contains no excipients. We believe these results hold great promise for the potential of LinearDNA vaccines for COVID-19 and other diseases in animals (cats, dogs, ferret, minks) and humans."
SILC

Hot Stocks

08:17 EDT Silicom awarded design win for Smart 5G acceleration card - Silicom announced that one of the world's largest mobile infrastructure equipment providers has awarded it a design win for a customized version of one of its Smart 5G acceleration cards. The customer will immediately begin integrating Silicom's current standard card into its Distributed Unit solution for PoCs and initial deployments. In parallel, Silicom will develop another version of the card to be used by the customer for mass deployments.
CYTK

Hot Stocks

08:17 EDT Cytokinetics announces start of OLE study for patients completing REDWOOD-HCM - Cytokinetics announced that the first site has been activated to enroll patients in REDWOOD-HCM OLE, an open-label extension clinical study designed to assess the long-term safety and tolerability of CK-3773274 in patients with symptomatic obstructive HCM. Eligible patients have completed participation in REDWOOD-HCM, the Phase 2 clinical trial of CK-274, a next-in-class cardiac myosin inhibitor discovered by company scientists, in development for the potential treatment of hypertrophic cardiomyopathy.
THRY MA

Hot Stocks

08:17 EDT Thryv Holdings announces global partnership with MasterCard - Thryv Holdings (THRY) announced today a global partnership with Mastercard (MA). Initial engagements include Thryv joining the Mastercard Digital Doors program and co-sponsoring a small business digital education series to help owners better manage and grow their business. Mastercard's partnership with Thryv is part of the company's pledge to bring 1B people and 50M micro and small businesses into the digital economy by 2025. Initial activities from the collaboration will see Thryv join the Mastercard Digital Doors program. Thryv will provide access to its platform on Digital Doors "to help small businesses expand their online presence and better manage operations," the company said.
WHR

Hot Stocks

08:16 EDT Whirlpool targets net zero emissions in plants and operations by 2030 - Whirlpool a global commitment to reach a net zero emissions target in its plants and operations by 2030. The commitment will cover more than 30 of Whirlpool's manufacturing sites and its large distribution centers around the world, spanning all direct (Scope 1) and power-related (Scope 2) emissions. Whirlpool has also committed to a 20% reduction in emissions linked to the use of its products across the globe (Scope 3) by 2030, compared to 2016 levels. This target has been approved by the Science Based Targets initiative, and builds on the company's 60 percent reduction in emissions across all scopes since 2005. "Whirlpool Corporation has a longstanding commitment to sustainability and we established our first office for sustainability over 50 years ago," said Marc Bitzer, chairman and CEO of Whirlpool Corporation. "Our net zero commitment is an important milestone in our ongoing effort to improve life at home by protecting our planet and communities."
MGDPF

Hot Stocks

08:15 EDT Marathon Gold provides Valentine Gold Project update - Marathon Gold Corporation is pleased to provide an update on its plans regarding the continued exploration and development of the Valentine Gold Project, central Newfoundland. Marathon recently published a Feasibility Study for the Project demonstrating robust economics for a conventional open pit mining and milling operation with low initial capital cost and high rate of return. An Environmental Assessment for the Project is ongoing with federal and provincial regulators, and is expected to be completed later this year. Marathon's 2021 exploration program continues to deliver strong results, with a recent mineral resource estimate for the new Berry Deposit demonstrating mine life extension potential for the Project. On this basis, Marathon announces the following: Expanding Exploration and Resource Drilling. An additional 50,000 metres of drilling will be targeted at the Berry Deposit, to be completed over the next 15 months. Together with drilling completed in 2020, and the 30,000 metres of drilling already budgeted for 2021, this will bring the total drilling inventory at Berry to approximately 120,000 metres by mid-2022, sufficient to establish Berry's resource potential over its full 1.5 kilometre long extent. Marathon will also continue to aggressively pursue additional opportunities for resource growth elsewhere within the Valentine Lake property. Testing the Mineral Resource. Marathon will commence a Reverse Circulation drill program of approximately 8,000 metres on the Leprechaun and Marathon Deposits, designed to test resource reconciliation and grade distribution broadly over both deposits. The program will comprise 6 x 12 metre drill spacings to a depth of up to 50 metres, and will commence later this month. Results will be available by the third quarter of this year. Environmental Assessment Proceeding with No Change to Project Scope. Consistent with the Company's previously stated plans, Marathon will seek to complete the current EA process expeditiously, with no changes to the project scope or the mine plan described in the FS and the Project's Environmental Impact Statement. This is based on two open pits at Marathon and Leprechaun and a central 2.5 to 4 million tonne per annum mill. Following release from the EA, and upon Project approval, Marathon will commence applications for the site-specific sectoral permits required for the construction of this mine design. De-risking and Re-ordering Mine Construction. The FS contemplates project construction commencing immediately upon receipt of sufficient permits, with first gold pour in October 2023. With a view to optimising the conditions for a successful on-budget and on-schedule Project build, Marathon is assessing an execution strategy of first commencing construction on the Project's essential infrastructure elements, such as the NL Hydro powerline, site communication systems, camp facilities, and upgrades to access roads and bridges. With this well in hand, site-based construction would commence later in 2022. A development budget and schedule for this de-risked execution strategy, including a revised date of first gold production, will be prepared by the Company in the fourth quarter of this year in support of a construction decision by the Company's Board of Directors. Detailed engineering in support of this work has already commenced.
BMY

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08:14 EDT DarwinHealth announces research collaboration with Bristol Myers - DarwinHealth, a New York City-based biotechnology company, announced a scientific research collaboration with Bristol-Myers Squibb. The research collaboration, the Novel Cancer Target Initiative, employs quantitative systems biology-based algorithms, proprietary databases, and validated technologies to identify novel cancer targets across a range of tumor subtypes. The methodology underpinning the NCTI is based on an understanding of critical mechanisms linked to tumor dependencies and maintenance beyond genetic mutations. To facilitate the discovery of NCTs, DarwinHealth will provide Bristol Myers Squibb proprietary information residing in its drug databases, including tumor context-specific analyses of Master Regulators of distinct tumor subtypes, as well as direct upstream modulators. The NCTI agreement represents an important extension and scientific leveraging of the ongoing Compound-2-Clinic multi-year collaboration initiated with Celgene on August 28, 2019, which aims to assess, characterize, and prioritize for clinical development and experimental validation the oncology-relevant bioactivity of a pre-specified library of Bristol Myers Squibb compounds. As part of the NCTI collaboration, DarwinHealth will receive an upfront payment and has the potential to receive development and commercialization milestone payments.
ORGS

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08:14 EDT FDA approves Orgenesis IDE for pilot clinical trial of Tissue Genesis Icellator2 - Orgenesis announces it has been granted Investigational Device Exemption approval by the Food and Drug Administration to conduct a first-in-human feasibility study of the Tissue Genesis Icellator2 to treat Acute Respiratory Distress Syndrome resulting from COVID-19 infection. The Tissue Genesis Icellator2 is a point-of-care cell isolation device that rapidly recovers high yields of stromal and vascular cells from adipose tissue to be used therapeutically. The SVF derived from the Icellator2 contains a population of mesenchymal stem cells, vascular endothelial cells, and immune cells which migrate to the patient's lungs and other peripheral sites of inflammation. Published nonclinical and clinical evidence indicate that SVF from the Icellator2 may potentially: stabilize microcirculation to improve oxygenation; maintain T and B lymphocytes to support antibody production; and induce an anti-inflammatory effect. Orgenesis believes the multiple mechanisms of action of the SVF derived from the Icellator2 are important to treat ARDS and other inflammatory disorders. The FDA IDE approval covers 21 patients at one clinical site in the United States. This is the first trial approved by the FDA for intravenous administration of the SVF produced by the Icellator2.
TPR

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08:13 EDT Tapestry expects to exceed 2019 operating income, EPS for FY21 - Comments taken from Q3 earnings conference call.
BFRA

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08:12 EDT Biofrontera reports April revenue EUR 6.6M vs. EUR 6M last year - The Company's preliminary, unaudited revenue from product sales in April 2021 amounted to approximately EUR 2,491 thousand, compared to EUR 492 thousand in April 2020, an increase of 406%. The company said, "The sales increase compared to the previous year already perceived since mid-March 2021, especially in our most important sales market, the USA, continued strongly in April 2021. This indicates a significant recovery of the COVID-19 situation in the USA as well as in Germany - presumably also due to the high vaccination rates."
TRVN

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08:11 EDT Trevena announces TRV027 selected by ACTIV initiative for COVID-19 trial - Trevena announced that TRV027, the company's novel AT1 receptor selective agonist, has been selected for an NIH ACTIV, or Accelerating COVID-19 Therapeutic Interventions and Vaccines, trial in COVID-19 patients. The trial, known as ACTIV-4d RAAS, is a component of the National Heart, Lung, and Blood Institute of the NIH's CONNECTS initiative. The objective of ACTIV-4d RAAS is to evaluate treatments targeting the RAAS and to determine whether modulation of the RAAS is an effective strategy for preventing progression to critical illness, multiorgan failure, or mortality in hospitalized COVID-19 patients.
ATRS

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08:11 EDT Antares Pharma appoints Joseph Renda as SVP, commercial - Antares Pharma announced the appointment of Joseph Renda as Senior Vice President of Commercial. Mr. Renda succeeds Patrick Shea who resigned to pursue other interests. Prior to joining Antares, Mr. Renda was Vice President, U.S. Sales Autoimmune and Rare Disease at Mallinckrodt Pharmaceuticals.
AGTC

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08:09 EDT Applied Genetic reports data from the ongoing XLRP phase 1/2 clinical trial - Applied Genetic reported additional data from the ongoing X-linked retinitis pigmentosa Phase 1/2 clinical trial, including 12-month data from Groups 5 and 6 reflecting a 50% response rate among patients who met the inclusion criteria for the Skyline and Vista trials and 24-month data from two of three Group 4 patients providing preliminary evidence of response durability. The third patient was not a responder at Month 12 and no early data are currently available for the remaining four Group 4 patients. Taken together, these data add to the body of evidence suggesting that durable improvements in visual sensitivity and visual acuity may be achieved in patients receiving AGTC's XLRP product candidate while continuing to demonstrate a favorable safety profile. Groups 5 and 6 Month 12 Data. Data at 12 months were available from seven patients in Group 5 and four patients in Group 6. One patient in Group 5 and two patients in Group 6 would not meet the inclusion criteria for the Skyline and Vista trials, resulting in a total of eight patients who were included in the responder analysis. Four of these eight patients were considered responders, all four of whom met the strict criteria of at least a 7 decibel improvement in at least 5 loci. One additional patient did not meet these criteria but had a statistically significant improvement in retinal sensitivity in the treated compared with the untreated eye at 12 months. Consistent with previously reported 6-month data from Groups 2, 4, 5 and 6, assessment of BCVA in these groups at 12 months continue to provide supportive evidence of improved visual acuity in these patients; the difference between treated and untreated eyes is statistically significant. The company believes that these data, together with the favorable safety profile, differentiate its XLRP candidate from competitors. Group 4 Month 24 Data. Data from three of the seven Group 4 patients were available for analysis at Month 24, including two who were responders at Month 12. These two patients are still responders at Month 24 according to the same criteria; the third patient who has reached Month 24 was not a responder at Month 12 or Month 24. To the best of the company's knowledge, this is the first XLRP gene therapy clinical trial to demonstrate continued durability of response at this time point. Safety Data. Data from all 28 patients across six dose groups continue to demonstrate a favorable safety profile with no dose-limiting inflammatory responses observed. This safety profile, which has shown no clinically significant inflammation not manageable with steroids, continues to be observed out to 24 months. Upcoming XLRP Clinical Milestones. AGTC believes it has a best-in-class XLRP product candidate that may provide significant benefit to patients with XLRP. The company expects to: present 12-month trial results from the ongoing Phase 1/2 clinical trial at the American Academy of Ophthalmology Annual Meeting in November 2021; provide Skyline trial results from the 3-month masked interim analysis in 4Q 2021; provide Skyline trial results from the 12-month data in 3Q 2022; and provide Vista trial results from the 6-month masked interim analysis in 4Q 2022.
FOLD SNY

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08:08 EDT Amicus appoints Sebastien Martel as SVP, strategy and business development - Amicus Therapeutics (FOLD) announced the appointment of Sebastien Martel as Senior Vice President of Strategy and Business Development. Mr. Martel will lead the Company's corporate strategy and business and corporate development endeavors. He will be a member of the Amicus senior leadership team. Mr. Martel brings 25 years of diversified pharmaceutical and biotechnology expertise to Amicus, with extensive experience in rare disease, most recently as Senior Vice President, Global Head of Rare Diseases at Sanofi (SNY).
NKLA

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08:08 EDT Nikola, TTSI sign LOI for 100 Nikola trucks - Nikola announced a collaboration with Total Transportation Services to expedite zero-emission transportation at the port of Los Angeles/Long Beach. The collaboration includes vehicle trials and a Letter of Intent to order 100 Nikola Class 8 battery-electric vehicle and fuel-cell electric vehicle semi-trucks. The collaboration is subject to negotiation and execution of definitive documentation acceptable to the parties. The LOI is for 100 zero-emission trucks beginning with a four-truck pilot slated to start in the first half of 2022 and consisting of two BEVs and two FCEVs. Based on satisfactory completion of the vehicle trials and subject to TTSI obtaining certain government funding, thirty BEVs are projected to follow later in 2022, and 70 FCEVs are anticipated to start in 2023.
KTOS

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08:06 EDT Kratos Defense awarded $46M to support space domain awareness efforts - Kratos Defense & Security Solutions announced that it has received multiple awards totaling more than $46M to support Space Domain Awareness efforts.
K

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08:04 EDT Kellogg sees FY cash flow $1.1B-$1.2B vs. previous guidance of $1.1B
FULC

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08:04 EDT Fulcrum Therapeutics appoints Christopher Morabito as Chief Medical Officer - Fulcrum Therapeutics announced Christopher Morabito, M.D. has been appointed Chief Medical Officer, effective May 10. Dr. Morabito will oversee the development of Fulcrum's lead programs in facioscapulohumeral dystrophy and select hemoglobinopathies, including sickle cell disease. Most recently, Dr. Morabito served as Chief Medical Officer at Cardurion Pharmaceuticals.
BFARF

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08:00 EDT Bitfarms announces purchase of 6,600 S19j Pro Antminers - Bitfarms provides an update on its plans to reach its previously announced target hash rate of 3.0 EH/s by the end of 2021. Bitfarms is pleased to announce the purchase of 6,600 new generation miners from Bitmain, as the Company aggressively adds to its fleet of installed miners, currently the largest reported installed Bitcoin hash rate in North America by a public company. This purchase of 660 PH is Bitfarms' largest purchase from Bitmain to date. Cumulatively, this purchase represents 660 PH/s out of 1,053 PH/s of miners scheduled for delivery throughout the remainder of 2021. Once installed, these miners are expected to increase Bitfarms' operating hash rate to approximately 2.5 EH/s. This represents a 159% growth rate from the end of 2020 and achieves 83% towards our year end goal of 3 EH/s. If all 2.5 EH/s of equipment were installed today, it would produce approximately 15.5 BTC per day under current market conditions. We intend to seek the acquisition of additional miners to accomplish our year-end goal when conditions are appropriate. The purchase of 6,600 miners is in addition to the significant commitments Bitfarms has recently made to developing new infrastructure in Quebec, which is required to deliver on its growth forecast goals for 2021. These developments include our previously announced Sherbrooke expansion plan, which is projected to increase Bitfarms' installed power capacity by approximately 66 MW. The Sherbrooke expansion will be partially used to accommodate today's announced newly purchased miners.
KOR AU

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07:58 EDT Corvus Gold receives $20M loan from AngloGold Ashanti North America - Corvus Gold (KOR) announces it has entered into a $20M loan agreement with AngloGold Ashanti North America Inc. (AU) to fund the ongoing permitting and pre-development work at the Company's North Bullfrog project as well as ongoing exploration at its Mother Lode and Lynnda Strip projects. Highlights of the agreement for the $20M unsecured loan include: A fixed interest rate of 1.10725% with interest beginning 180 days after Loan signing; Repayment of Loan will be the lesser of 12 months after Loan origination date, or after all North Bullfrog project mine construction permits are obtained by Corvus; A minimum of 70% of the Loan amount to be spent on project work; AngloGold is granted an exclusivity period of 90 days where Corvus will abstain from all discussions or actions related to material transactions involving Company assets or change in share structure. The Loan constitutes a "related party transaction" under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions as AngloGold is a related party of Corvus given its greater than 10% beneficial shareholding. Pursuant to Section 5.7(1)(f) of MI 61-101, the Company is exempt from obtaining minority approval of the Company's shareholders in respect of the Loan because it was determined that the Loan is on reasonable commercial terms that are not less advantageous to the Company than if the Loan was obtained from a person dealing at arm's length with the Company and because the Loan is not convertible into, or repayable in, equity or voting securities of the Company or a subsidiary of the Company or otherwise participating in nature. The Company will file a material change report in respect of the Loan. However, the material change report will be filed less than 21 days prior to the closing of the Loan, which is consistent with market practice and which the Company deems reasonable in the circumstances. This transaction remains subject to TSX acceptance.
QURE

Hot Stocks

07:57 EDT uniQure receives $450M in commercialization, license agreement with CSL Behring - CSL Behring announced the closing of its global Commercialization and License agreement with uniQure (QURE) for etranacogene dezaparvovec, a novel gene therapy for the treatment of hemophilia B. Etranacogene dezaparvovec is currently in Phase 3 clinical trials and has been shown to result in near-normal levels of Factor IX - the blood clotting protein lacking in people with hemophilia B. The global licensing agreement was announced on June 24, 2020 and the closing follows the completion of antitrust reviews of the transaction in the US, the UK and Australia. Under the terms of the agreement, uniQure will receive an upfront cash payment of $450M, with the potential for regulatory and commercial sales milestone payments and royalties as the therapy is developed and commercialized. uniQure will complete the Phase 3 HOPE-B trial and scale up manufacture for initial commercial supply.
CVS

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07:56 EDT CVS Health to administer no-cost COVID-19 vaccines at 19 locations in NH - In an ongoing effort to expand access to COVID-19 vaccines and help the country move forward from the pandemic, CVS Health announced that it will begin vaccinating eligible populations on Sunday, May 9 at 19 select CVS Pharmacy locations throughout New Hampshire. Participating CVS Pharmacy locations are in the following New Hampshire communities: Bedford, Concord, Greenland, Hampton, Hanover, Hooksett, Hudson, Keene, Laconia, Londonderry, Manchester, Merrimack, Nashua, Portsmouth, Somersworth, and Stratham.
PROF AKU

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07:54 EDT Profound Medical, Akumin enter in U.S. agreement for TULSA-PRO - Profound Medical (PROF) announced the signing of a multi-site imaging center agreement for TULSA-PRO with Akumin (AKU). Pursuant to the agreement, Profound expects to install TULSA-PRO systems at up to 10 Akumin centers to be outfitted with diagnostic and therapeutic imaging services specifically dedicated towards men's health. All of these TULSA-PRO systems will be placed under Profound's per procedure business model. The initial geographic focus of the relationship will be in the State of Florida, with Texas and Pennsylvania expected to follow. Based upon the success of the first 10 installations, the two companies hope to expand their relationship in the future to include additional Akumin men's health centers.
LKCO

Hot Stocks

07:53 EDT Luokung Technology announces favorable ruling granting preliminary injunction - Luokung Technology announced that Luokung's previously announced motion for a preliminary injunction was granted by the United States District Court for the District of Columbia. In its ruling, the Court explained that it was preliminarily enjoining "the prohibitions against Luokung in full." As a result of the ruling, the Department of Defense and other government defendants are enjoined from implementing or enforcing the designation of Luokung as a Community Chinese military company, and the resulting restrictions pursuant to Executive Order 13959.
PLTR

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07:52 EDT Palantir announces extended commitment from U.S. Coast Guard - Palantir Technologies announced the U.S. Coast Guard has extended its commitment to use Palantir's software to help it respond to the COVID-19 pandemic. The Coast Guard has been using Palantir's software since April 2020 as the data management, analytics, and operations tool for its response to the pandemic. This contract renewal has a base value of $6.25M and a potential total amount of $11.25M for nine months.
MOGO

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07:52 EDT Mogo in partnership with Tom Lee's Fundstrat for crypto research - Mogo announced a new partnership to provide MogoMembers with exclusive access to crypto and other equity research from FSInsight, a division of Fundstrat Global Advisors ("Fundstrat"). Fundstrat/FSI was founded by Thomas J. Lee, CFA-a top-ranked Wall Street analyst with 30 years of research experience, the former Chief Equity Strategist at global investment bank JPMorgan, and a contributing editor with CNBC-and veteran Wall Street sales executive John Bai. FSI provides individuals with the same quality of research that banks and hedge funds receive to make their investment decisions. Under the agreement, Mogo will be the exclusive distributor bringing FSI's research to Canada's retail investor market. Mogo will make FSI research available to MogoMembers. The focus will be on crypto research and related research products and services produced by FSI, including free weekly and monthly crypto briefings, access to exclusive interviews, and preferred access to monthly and annual subscription-based crypto research available through FSI. MogoMembers will also have access to exclusive quarterly webinars with Tom Lee.
ADAP

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07:51 EDT Adaptimmune expects cash to fund operations into early 2023 - The Company believes that its existing cash, cash equivalents and marketable securities will fund the Company's current operations into early 2023, as further detailed in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, to be filed with the Securities and Exchange Commission following this earnings release.
EQT

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07:50 EDT EQT Corporation to acquire membership interests in Alta subsidiaries for $2.93B - EQT Corporation announced that it has entered into a purchase agreement with Alta Resources Development, pursuant to which EQT will acquire all of the membership interests in Alta's upstream and midstream subsidiaries for approximately $2.93B, subject to customary closing adjustments. The transaction is expected to close in Q3, with an effective date of January 1. The total purchase price for the transaction is $2.93B, consisting of $1B in cash and approximately $1.93B in EQT common stock issued directly to Alta's shareholders. The company expects to fund the $1B of cash consideration with cash on hand, drawings under its revolving credit facility and/or through one or more debt capital markets transactions, subject to market conditions and other factors. The stock consideration consists of approximately 105M shares of EQT common stock representing $1.93B, based on the 30-day volume-weighted average price as of May 5. The transaction was unanimously approved by the board of directors. EQT shares issued as part of the transaction will be distributed directly to Alta shareholders, which represent a diverse set of financial institutions and individuals. No Alta shareholder will receive more than 5% of EQT's pro forma outstanding shares of common stock in connection with the transaction. The transaction is expected to close in Q3, subject to satisfaction of customary closing conditions, including the approval by EQT's shareholders of the issuance of the common stock consideration. All post effective date purchase price adjustments will be netted against the stock consideration and are expected to result in a reduction of approximately 11M shares issued at closing.
NTLA

Hot Stocks

07:48 EDT Intellia Therapeutics expects cash to fund requirements through next 24 months - Intellia expects that its cash, cash equivalents and marketable securities as of March 31, 2021 will enable the Company to fund its robust R&D plans, anticipated operating expenses and capital expenditure requirements at least through the next 24 months. This expectation excludes any strategic use of capital not currently in the Company's base-case planning assumptions.
NTLA

Hot Stocks

07:48 EDT Intellia Therapeutics announces anticipated milestones for 2021 - The Company has set forth the following for pipeline progression: ATTR: Report initial clinical data from Phase 1 study of NTLA-2001 in mid-2021; AML: Submit an IND or IND-equivalent for NTLA-5001 in mid-2021; HAE: Submit an IND or IND-equivalent for NTLA-2002 in 2H 2021; Nominate at least one new development candidate in 2021.
SEAS

Hot Stocks

07:44 EDT SeaWorld appoints Marc Swanson CEO, Elizabeth Castro Gulacsy CFO - SeaWorld announced the appointment of Marc Swanson to the position of CEO and Elizabeth Castro Gulacsy as CFO and treasurer. All changes are effective immediately. SeaWorld's board of directors unanimously approved the appointments. Swanson previously served as interim CEO and has been with the company for over 20 years, having held a number of positions including as CFO and treasurer. Gulacsy previously served as interim CFO and treasurer and has been with the company for eight years, having most recently served as chief accounting officer.
FULC

Hot Stocks

07:43 EDT Fulcrum Therapeutics expects cash to fund requirements into 4Q22 - As of March 31, 2021, cash, cash equivalents, and marketable securities were $143.9 million, as compared to $112.9 million as of December 31, 2020. Based on current plans, the company expects that its existing cash, cash equivalents, and marketable securities will be sufficient to enable it to fund its operating expenses and capital expenditure requirements into the fourth quarter of 2022.
BCRX

Hot Stocks

07:42 EDT BioCryst sees cash runway to take the company into 2023 - The company said, "In the launch period for ORLADEYO, the company is not providing specific revenue or operating expense guidance. Based on our expectations for revenue, operating expenses, and our option to access an additional $75 million from our existing credit facility, we believe our current cash runway takes us into 2023."
UFS

Hot Stocks

07:41 EDT Domtar sees paper demand rebounding through the year - The company stated, "Paper demand will remain dependent upon recovery from COVID-19, but demand is expected to continue to rebound through the year as people return to schools and offices. Near-term pulp markets should remain balanced due to steady demand growth and limited new supply. Recently announced price increases in both pulp and paper will positively impact our results. The second quarter will be affected by seasonally higher maintenance costs in our Pulp and Paper business as we move into the planned outages at some of our major facilities."
ECOM

Hot Stocks

07:39 EDT ChannelAdvisor appoints Paul Colucci as Chief Revenue Officer - ChannelAdvisor promoted Paul Colucci to the role of Chief Revenue Officer. Prior to joining ChannelAdvisor, he served in roles in start-up and established technology companies such as Venda, Thomson Dialog, Profound, and served as President of Accolade Concepts.
CMRX

Hot Stocks

07:37 EDT Chimerix announces expected 2021 milestones - FDA PDUFA action date set for July 7, 2021 for BCV smallpox NDA. Potential procurement agreement for BCV around the time of FDA decision on smallpox NDA, if favorable. Completion of Phase 2 trial of DSTAT in COVID-19 related ALI. Completion of BCV drug product manufacturing to support potential shipments to the SNS of up to $100 million. Blinded independent central review of 50-subject registration cohort of ONC201 in recurrent H3 K27M-mutant glioma.
ATNX

Hot Stocks

07:33 EDT Athenex expects cash to fund operations into 2H22 - Given uncertainty stemming from the CRL for oral paclitaxel, the Company identified and adopted certain cash conservation measures. Considering these initial measures, and based on our current operating plan, we now expect that our cash and cash equivalents, restricted cash and short-term investments as of March 31, 2021, will enable us to meet our current operational liquidity needs and fund operations into 2H 2022.
ATNX

Hot Stocks

07:33 EDT Athenex expects 2021 product sales in line with 2020 levels - In terms of product sales guidance, the Company is limiting financial guidance to only the existing product portfolio, which excludes any proprietary products, until meaningful sales data from the proprietary product, Klisyri, become available. In 2020, the Company recorded a significant amount of revenues from international customers as a result of the global pandemic. However, the Company does not see these revenues as recurring in nature. The Company continues to expand its product portfolio. The Company is affirming the guidance it provided on March 1, 2021, as it currently expects its product sales in 2021, excluding any royalties from Klisyri, to be in line with 2020 levels.
ATNX

Hot Stocks

07:32 EDT Athenex announces key anticipated future milestones - Request a meeting with the FDA to discuss and align on next steps to obtain approval for oral paclitaxel in metastatic breast cancer ; Begin expansion portion of the oral paclitaxel plus pembrolizumab Phase I trial into lung cancer and gastric cancer; Present oral paclitaxel plus pembrolizumab Phase I trial data at a medical conference; EMA approval of Klisyri in 2021; Present abstract on oral docetaxel in metastatic prostate cancer at ASCO 2021; Present abstract on oral paclitaxel plus encequidar in metastatic breast cancer at ASCO 2021; Expect TCR-T NY-ESO-1 IRB approval and to initiate Phase 1 trial enrollment in 1H 2021; Additional GINAKIT2 Phase I data to be presented at the American Society of Gene & Cell Therapy 24th Annual Meeting on May 14, 2021; Results from the I-SPY 2 trial of oral paclitaxel plus anti PD-1 expected in 2022.
KYMR

Hot Stocks

07:31 EDT Kymera Therapeutics provides updated milestones for degrader programs - Expected milestones for IRAK4 degrader program include: presentation of KT-474 preclinical data at the American Association of Immunologists' Virtual IMMUNOLOGY2021 annual meeting; initiation of enrollment in multiple ascending dose portion of Phase 1 trial of KT-474 pending FDA clearance, including healthy volunteers and a subsequent cohort of patients with atopic dermatitis or hidradenitis suppurativa; establish Phase 1 proof-of-biology in healthy volunteers in Q4. Expected milestones for IRAKIMiD degrader program include; submission of KT-413 IND application, and if cleared, initiation of Phase 1 clinical trial in relapsed/refractory B cell lymphomas, including MYD88-mutant DLBCL in second half of 2021; presentation of additional KT-413 preclinical data and potential indication expansion strategies in second half of 2021; and establish Phase 1 proof-of-biology and initial clinical proof-of-concept in patients in 2022. Expected milestones for the STAT3 degrader program include: presentation of additional preclinical data in liquid and solid tumors in second half of 2021; submission of KT-333 IND application, and if cleared, initiation of Phase 1 clinical trial in relapsed/refractory liquid and solid tumors in fourth quarter; and establish Phase 1 proof-of-biology and initial clinical proof-of-concept in patients in 2022.
AUTL

Hot Stocks

07:28 EDT Autolus Therapeutics sees cash runway into 1H23 - Autolus estimates that its current cash on hand will provide the Company with a cash runway into the first half of 2023.
AUTL

Hot Stocks

07:27 EDT Autolus Therapeutics announces key upcoming milestones - Key Upcoming Clinical Milestones: AUTO1 updates in 2021 on ALLCAR19 in patients with r/r B-NHL and longer term follow up of the fully enrolled r/r aALL cohort. AUTO1 - Currently enrolling a potentially pivotal Phase 1b/2 clinical trial in r/r adult ALL patients with data expected in 2022. Updates on Phase 1 programs AUTO1/22 in pediatric ALL, as well as AUTO4 in TRBC1+ Peripheral TCL, in 2021. Phase 1 trials are expected to be initiated in 2021 with AUTO1 in Primary CNS Lymphoma, AUTO5 in TRBC2+ Peripheral TCL, AUTO6NG in Neuroblastoma, and AUTO8 in Multiple Myeloma. First exploratory allogeneic program expected to enter the clinic in 2021.
HAIN

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07:26 EDT Hain Celestial sees gross, adjusted EBITDA margin expansion in FY21 - The company reaffirms its expectation for gross and adjusted EBITDA margin expansion as well as strong double-digit adjusted EBITDA and operating free cash flow growth for fiscal year 2021. For the fourth quarter fiscal year 2021, in comparison to the prior year period, the company expects (a) strong gross margin and EBITDA margin improvement, (b) adjusted EBITDA growth near 10% and (c) 5%-8% decline in net sales when adjusted for foreign exchange, divestitures and discontinued brands. Compared to the fourth quarter of fiscal year 2019, we expect mid-single digit growth in net sales when adjusted for foreign exchange, divestitures and discontinued brands.
ICPT

Hot Stocks

07:22 EDT Intercept lowers FY21 Ocaliva revenue view to $325M-$340M from $325M-$355M - The company said, "As a result of the latest dialogue with the FDA, which we expect to result in a label update restricting the use of Ocaliva in patients with decompensated cirrhosis and in a subset of patients with compensated cirrhosis, we are narrowing our Ocaliva net sales guidance range. We now expect full year 2021 worldwide Ocaliva net sales to be between $325M-$340M. Once the label is finalized and as we monitor post-label update market dynamics, we will plan to refine this range throughout the year as necessary. We are reiterating our full year 2021 non-GAAP adjusted operating expenses to be between $380M-$410M."
AAON

Hot Stocks

07:18 EDT Aaon sees FY21 CapEx $70.7M
AAON

Hot Stocks

07:18 EDT Aaon: Backlog at beginning of May up 'considerably' from end of Q1 - The company said: "We are confident demand is improving. Our backlog at the beginning of May was up considerably from both the end 2020 and the end of the first quarter. Replacement demand is already improving as the economy recovers, and while the new construction market is still facing some challenges, we are beginning to see signs of stabilization. Inflation remains a challenge, but we are confident we will be able to maintain our margin through disciplined price management. In conclusion, as we look to the rest of the year, we continue to anticipate revenue and earnings will progressively improve throughout 2021."
NRG

Hot Stocks

07:17 EDT NRG Energy names Alberto Fornaro as CFO, succeeding Gaetan Frotte - NRG Energy announced the appointment of Alberto Fornaro as Executive Vice President and CFO of the Company, effective June 1. Fornaro will be succeeding Gaetan Frotte, who has been serving as interim CFO in addition to his responsibilities as SVP and Treasurer since February 4. Alberto Fornaro was CFO of Coupang from February 2020 to December 2020 and has been serving as a Senior Advisor since December 2020.
PRQR

Hot Stocks

07:17 EDT ProQR Therapeutics provides update on sepofarsen - Upcoming anticipated sepofarsen events include the following. Report top-line results from the pivotal Phase 2/3 Illuminate trial in H1 2022. The Illuminate trial completed enrollment in January following randomization of 36 patients aged 8 years or older to receive either sepofarsen at the target registration dose, a low dose, or sham treatment. The primary endpoint for Illuminate is mean change from baseline in best-corrected visual acuity at Month 12. Report updated data from the next interim analysis of the Phase 1/2 InSight extension study in H2 2021.
NTDOY

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07:16 EDT Nintendo sees next FY net sales Y1.6T, operating profit of Y500B - Nintendo said: "we expect to see results for the fiscal year ending March 31, 2022 of 1,600.0 billion yen in net sales, 500.0 billion yen in operating profit, 480.0 billion yen in ordinary profit, and 340.0 billion yen in profit attributable to owners of the parent."
SWTX

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07:15 EDT SpringsWorks Therapeutics enters license agreement with KU Leuven, VIB - SpringWorks Therapeutics announced that it has entered into an exclusive worldwide license agreement with Katholieke Universiteit Leuven and the Flanders Institute for Biotechnology for the in-license of a portfolio of novel small molecule inhibitors of the TEA Domain family of transcription factors, designed for the potential treatment of biomarker-defined solid tumors driven by aberrant Hippo pathway signaling. Under the terms of the agreement, SpringWorks will pay KU Leuven and VIB an upfront payment of $11M. KU Leuven and VIB are also eligible to receive up to $285M in development, regulatory and commercial milestones from SpringWorks and tiered single-digit percentage royalties based on any future net sales.
EPZM

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07:14 EDT Epizyme sees current cash runway to extend into 2023
NTDOY

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07:14 EDT Nintendo sold 28.8M Switch consoles in FY ended March - Nintendo said that the results for this fiscal year showed strong software sales for Nintendo Switch, which contributed greatly to the growth of hardware sales. In particular, sales continued to grow for titles released in previous fiscal years, with units of Animal Crossing: New Horizons at 20.85 million, Mario Kart 8 Deluxe at 10.62 million, and Ring Fit Adventure at 7.38 million. As a result, hardware sales reached 28.83 million units, an increase of 37.1% year-on-year, and software sales reached 230.88 million units, an increase of 36.8% year-on-year.
VYNE

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07:13 EDT VYNE Therapeutics expects cash to fund requirements for next 12 months - As of March 31, 2021, VYNE had cash, cash equivalents, restricted cash and investments of $120.4 million. Cash used in operations was $12.6 million. We believe that our existing cash, cash equivalents and investments as of March 31, 2021 and projected cash flows from revenues will provide sufficient resources to fund its current ongoing needs for at least the next twelve months
TRVN

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07:11 EDT Trevena expects cash to fund requirements through 4Q22 - Cash and cash equivalents were $97.7 million as of March 31, 2021, which the Company believes will be sufficient to fund the Company's operating expenses and capital expenditure requirements through the fourth quarter of 2022.
NCLH

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07:07 EDT Norwegian Cruise Line sees Q2 monthly average cash burn $190M - The Company continues to take proactive measures on its financial action plan to conserve cash, control operating and capital expenditures, improve its debt maturity profile and secure additional capital. As of March 31, 2021, the Company's total debt position was $12.2 billion and the Company's cash and cash equivalents was $3.5 billion. The Company has taken the following additional actions to enhance its liquidity since December 31, 2020: Raised approximately $1.6 billion, net of underwriting fees, with an equity offering of approximately 53 million ordinary shares in March 2021. Approximately $1 billion of proceeds were used to repurchase the L Catterton exchangeable notes due 2026. This repurchase allowed the Company to reduce debt and future interest expense while generating incremental liquidity of approximately $530 million with limited additional dilution, as the vast majority of shares issued were already reserved for the L Catterton notes. Issued $1.1 billion of senior unsecured notes consisting of $575 million of 5.875% senior unsecured notes due 2026 and $525 million of 6.125% senior unsecured notes due 2028. Proceeds were used in part to fully repay the Norwegian Jewel and Pride of America credit facilities which were to mature in 2022 and generated approximately $650 million of incremental liquidity. Amended all export credit agency backed credit agreements to defer approximately $680 million of amortization payments through March 31, 2022 and secured covenant waivers and suspensions through December 31, 2022. Deferred certain newbuild-related payments of approximately EUR 270 million through June 30, 2022.Amended Senior Secured Credit Facility to defer approximately $70 million of certain amortization payments due prior to June 30, 2022 and suspend the testing of certain financial covenants through December 31, 2022. The Company's monthly average cash burn for the first quarter 2021 was in line with prior guidance at approximately $190 million, or approximately $170 million per month excluding previously disclosed non-recurring debt modification costs. The Company paid approximately $50 million of one-time debt deferral and modification costs and fees in the first quarter of 2021 as a result of successful debt deferrals and covenant waivers and suspensions, which combined with newbuild payment extensions, have resulted in approximately $1 billion of additional liquidity through the first quarter 2022. For the second quarter of 2021, the Company expects the average cash burn rate to be approximately $190 million per month, as it prepares for a return to service this summer.
NCLH

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07:05 EDT Norwegian Cruise Line reports $1.3B in advance ticket sales as of Mar. 31 - The company said, "Bookings have been strong for future periods resulting in an elongated booking window as guests book further into the future, despite reduced sales and marketing investments and a travel agency industry that has not been at full strength for months. During the first quarter 2021, overall bookings, net of cancellations, were more than double the volumes during the prior quarter. 2022 booking and pricing trends are very positive driven by strong pent up demand. The Company is experiencing robust future demand across all brands with the overall cumulative booked position for the first half of 2022 meaningfully ahead of 2019's record levels with pricing higher when excluding the dilutive impact of future cruise credits. As of March 31, 2021, the Company had $1.3 billion of advance ticket sales, including the long-term portion of advance ticket sales, which includes approximately $0.85 billion of FCCs."
NCLH

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07:05 EDT Norwegian Cruise Line remains actively engaged with CDC - On April 6, 2021, the Company unveiled its two-pronged plan for its long-awaited return to cruising within and outside the U.S. this summer. The Company has announced its phased cruise resumption for voyages embarking outside of the U.S. across its three brands, which include: Norwegian Cruise Line- Norwegian Cruise Line will initially offer seven-day cruises to the Greek Isles on Norwegian Jade from Athens, Greece beginning July 25, 2021, and seven-day Caribbean itineraries originating in Montego Bay, Jamaica beginning on August 7, 2021 on Norwegian Joy and from La Romana, Dominican Republic on Norwegian Gem beginning August 15, 2021. Beginning in September, Norwegian Cruise Line will offer voyages in the Mediterranean departing from Barcelona and Rome on Norwegian Epic and Norwegian Getaway. Oceania Cruises- Oceania Cruises will restart cruise operations with Marina in August, resuming her originally published voyage schedule commencing on August 29, 2021 in Copenhagen. Regent Seven Seas Cruises- Regent Seven Seas Cruises will return to sailing with Seven Seas Splendor cruising from the U.K. beginning September 11, 2021. The voyage will also mark the resumption of Seven Seas Splendor's inaugural season, with the ship having only completed two cruises with guests after being christened in February 2020. In parallel, the Company submitted a proposal to the U.S. Centers for Disease Control and Prevention on April 5, 2021, outlining its plan to restart cruising from U.S. ports beginning July 4th and requesting the CDC lift the Conditional Sail Order. The Company's comprehensive plan is consistent with the CDC's updated travel guidance for a fully vaccinated onboard population and includes the Company's multi-layered SailSAFE health and safety program which extends well beyond the protocols of the travel, leisure and hospitality sectors, all of which have already reopened. The Company strongly believes that by requiring mandatory vaccinations for all guests and crew on initial voyages, in addition to comprehensive preventative protocols, the plan exceeds the intent of the CDC's CSO and would accelerate the path to resume cruising while allowing for the CDC to reallocate resources to competing public health priorities. The Company remains actively engaged in discussions with the CDC regarding recently issued and modified technical guidelines and the incorporation of vaccines into the CSO. As valuable time goes by, given the lead time needed to stand up a ship and the need for an acceptable and definitive agreement
DEN

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07:01 EDT Denbury still expects 2021 production 47,500-51,500 BOE/d - Development CapEx for 2021 are still expected at $250M-$270M.
REGN

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06:59 EDT Regeneron sees FY21 capital expenditures $585M-$650M - Sees FY21 effective tax rate 12%-14%.
CCXI

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06:55 EDT ChemoCentryx trading halted, news pending
TPR

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06:51 EDT Tapestry 'on track' to exceed FY19 EPS for the FY
TPR

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06:50 EDT Tapestry sees FY revenue up at mid-teens rate vs. prior year - Due to the dynamic nature of the Covid-19 crisis and lack of visibility, the company is not providing detailed guidance for fiscal 2021. However, given Tapestry's better-than-anticipated results year-to-date, and assuming a continued recovery emerging from the pandemic, the company now expects revenue for the fiscal year to increase at a mid-teens rate compared to prior year on both a 52 and 53-week basis. This outlook now includes the expectation for fiscal year 2021 operating income and earnings per diluted to share to increase versus fiscal year 2019 on a 52 and 53-week basis.
TPR

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06:49 EDT Tapestry 'on track' to achieve gross run-rate savings of $300M
TPR

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06:49 EDT Tapestry CEO: Results significantly outpaced expectations - Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc., said, "Our third quarter results significantly outpaced expectations, underscoring the power of the Acceleration Program and enthusiasm for our brands. Through a sharpened focus on the consumer, we fueled new customer acquisition at Coach, Kate Spade, and Stuart Weitzman and delivered robust sales growth led by Digital and China. Importantly, for the third consecutive quarter, we achieved operating income gains - compared to both FY20 and FY19 - supported by a continued reduction in promotional activity, higher AUR, and disciplined expense management... Building on this momentum, we are increasingly optimistic about our ability to generate sustainable top and bottom-line growth. Looking forward, while the environment remains volatile, we see encouraging signs of recovery as vaccination efforts progress, resulting in increased consumer confidence, strong demand for our categories, and improving in-store traffic trends. In this context, we remain focused on driving brand relevance and customer engagement through product innovation and compelling marketing, supported by data-driven insights and a digital-first mindset."
MRK ESALY

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06:44 EDT Merck, Eisai receive FDA priority review for KEYTRUDA plus LENVIMA - Merck (MRK) and Eisai (ESALY) announced that the U.S. FDA has accepted and granted priority review for applications seeking two new approvals for the combination of KEYTRUDA, Merck's anti-PD-1 therapy, plus LENVIMA, the orally available multiple receptor tyrosine kinase inhibitor discovered by Eisai. The first set of applications are for the first-line treatment of patients with advanced renal cell carcinoma, based on progression-free survival, overall survival and objective response rate data from the pivotal Phase 3 CLEAR study. The second set of applications are for the treatment of patients with advanced endometrial carcinoma who have disease progression following prior systemic therapy in any setting and are not candidates for curative surgery or radiation, based on PFS, OS and ORR data from the pivotal Phase 3 KEYNOTE-775/Study 309 trial. These are the first applications to be submitted in the U.S. for this combination therapy based on Phase 3 clinical data. The FDA has set Prescription Drug User Fee Act dates, or target action dates, of August 25 and 26, 2021, for the advanced RCC sNDA and sBLA applications, respectively, and September 3, 2021, for the advanced endometrial carcinoma applications.
BDX

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06:43 EDT Becton Dickinson announces intention to spin off Diabetes Care business - Becton Dickinson announced its board of directors has unanimously authorized management to proceed with a plan to spin off the company's Diabetes Care business as an independent, publicly traded company, or NewCo. BD believes the spinoff of the Diabetes Care business will create long-term value for BD shareholders and create a platform to continue to enhance the tools provided to people with diabetes. The transaction is expected to create two, independent companies. BD management expects that, as a separate independent entity, NewCo will be better positioned to pursue its strategic priorities and attract new investors. BD expects the spinoff to be accomplished through a distribution of stock in NewCo to BD shareholders. The spinoff is expected to be tax-free for U.S. federal income tax purposes, except to the extent of any cash received in lieu of fractional shares. BD does not expect the spinoff to impact its current dividend. The transaction is also expected to be completed in the first half of calendar year 2022, subject to the satisfaction of customary conditions, including final approval from the BD board of directors, regulatory approvals and the effectiveness of a Form 10 registration statement that will be filed with the SEC. Devdatt Kurdikar, currently worldwide president of BD Diabetes Care, will be CEO of NewCo. Kurdikar joined BD in February.
MUR

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06:42 EDT Murphy Oil raises FY21 total production to 157-165 from155-165 MBOEPD
TRGP

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06:36 EDT Targa Resources sees 2021 adjusted EBITDA $1.8B-$1.9B
PFE BNTX

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06:34 EDT Pfizer, BioNTech to provide COVID vaccine doses at 2020 Tokyo Games - Pfizer (PFE) and BioNTech (BNTX) announced the signing of a Memorandum of Understanding with the International Olympic Committee to donate doses of the companies' COVID-19 Vaccine to help vaccinate athletes, and their delegations, participating in the Olympic and Paralympic Games Tokyo 2020, which are scheduled to begin on July 23, 2021. Under the MoU, the companies and the IOC will coordinate with National Olympic Committees around the world to understand and work to help address the local need for vaccine doses for national delegations' participation in the Games. Delivery of initial doses to participating delegations is expected to begin at the end of May where possible with the aim to ensure participating delegations receive second doses ahead of arrivals in Tokyo. Under the MoU framework, NOCs and their local governments are expected to coordinate the administration of vaccinations to eligible Games participants. Doses provided under this MoU would be in addition to doses provided under supply agreements with governments worldwide. The donation of vaccine doses will not affect the supply of the national populations with COVID-19 doses under the supply agreements.
VWAGY

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06:27 EDT Volkswagen sees 2021 operating return on sales 5.5%-7% - The company said, "Based on the positive business performance in the first quarter of 2021, the Volkswagen Group is raising its forecast for operating profit, net cash flow and net liquidity. he Group anticipates that - assuming successful containment of the Covid-19 pandemic - deliveries to customers in 2021 will be significantly up on the previous year amid continued challenging market conditions. Challenges will arise particularly from the economic situation, the increasing intensity of competition, volatile commodity and foreign exchange markets, securing supply chains and more stringent emissions-related requirements. Sales revenue of the Volkswagen Group in 2021 are expected to be significantly higher than the prior-year figure. In terms of the operating profit, the Group anticipates an operating return on sales of between 5.5 and 7.0 percent in 2021. In the Automotive Division, net cash flow is expected to rise strongly over the prior year with lower cash outflows from diesel and significantly higher effects from mergers and acquisitions, which will lead to a significant rise in net liquidity. The plans are based on the Volkswagen Group's current structures. The intended acquisition of all outstanding shares in Navistar International Corporation and associated effects on the results of operations, financial position and net assets are not included in the Volkswagen Group forecast."
BUD

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06:18 EDT AB InBev sees FY21 net CapEx $4.5B-$5B
BUD

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06:18 EDT AB InBev sees FY21 normalized EBITDA up 8%-12%, revenue ahead of EBITDA - The company said: "We expect our FY21 normalized EBITDA to grow between 8-12% and our revenue to grow ahead of EBITDA from a healthy combination of volume and price. The outlook for FY21 reflects our current assessment of the scale and magnitude of the COVID-19 pandemic, which is subject to change as we continue to monitor ongoing developments. We expect the normalized ETR in FY21 to be in the range of 28% to 30%, excluding any gains and losses relating to the hedging of our share-based payment programs. The increase versus 2020 is due to factors including the phasing out of temporary COVID-19 measures and changes to tax attributes in some key markets."
ACIW

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06:13 EDT ACI Worldwide still sees 2021 adjusted EBITDA $375M-$385M
ESLOY

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06:10 EDT EssilorLuxottica expectes to deliver 2021 performance comparable to 2019 - The company said, "EssilorLuxottica confirms its confidence in its ability to outperform the eyecare and eyewear industry in 2021, thanks to continued innovation in products and processes and ongoing evolution of the consumer journey.The Company now has the ambition to deliver a performance that is at least comparable to 2019 in both revenue and adjusted operating profit margin, at constant exchange rate. This takes into account the positive momentum in several areas of the business and the gradual normalization of the business environment due to vaccination campaigns, while also weighing the remaining uncertainties around COVID-19."
MRNA

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06:04 EDT Moderna forms new supply pact with with Switzerland for 7M booster vaccine doses - Moderna announced a new supply agreement with the Swiss Federal Government for 7M doses of booster vaccine in 2022, with an additional option for another 7M doses for delivery during the second half of 2022 or first quarter of 2023. Purchase under this agreement is subject to regulatory approval of the booster vaccine candidate. Today's announcement follows two earlier agreements between Switzerland and Moderna to supply a total of 13.5M doses of the COVID-19 Vaccine Moderna. Swissmedic, the Swiss Agency for Therapeutic Products, authorized the COVID-19 Vaccine Moderna in Switzerland on January 12, 2021. "We appreciate the partnership of the Swiss Federal Government, and their continued support demonstrated by this new supply agreement for doses of Moderna variant booster candidates," said Stephane Bancel, CEO of Moderna. "We are encouraged by the new data, which reinforce our confidence that our booster strategy should be protective against these newly detected variants and we will continue to make as many updates to our COVID-19 vaccine as necessary to control the pandemic."
BUD

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06:03 EDT AB InBev names Michel Doukeris to succeed Carlos Brito as CEO - Anheuser-Busch InBev announced that its Board of Directors has unanimously elected Michel Doukeris, President of AB InBev's North America Zone, to succeed Carlos Brito as CEO effective July 1, 2021. Brito will step down after 15 years as CEO and 32 years at the company. "We are grateful to Brito for his tremendous service and leadership," said AB InBev Board Chairman Martin Barrington. "Among his many accomplishments, Brito was the architect who led and built AB InBev into the world's leading beer company and a leading global consumer packaged goods company by masterfully integrating the many businesses that comprise AB InBev today. He has always been a role model of the company's successful ownership culture. The Board thanks Brito for his dedicated service, passion, caring and commitment to making our company dream big and delivering." Barrington added: "After conducting a rigorous and robust selection process, the Board is delighted that our next CEO comes from our deep bench of leadership talent. Michel is the right leader to take the company into its next phase of organic growth and success. He has a proven track record in innovation, multi-category brand building in beer and adjacencies, consumer insight, and expanding premium brands in both emerging and developed markets. The Board is excited to continue to work closely with Michel as we grow the company."
SRLP

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06:03 EDT Sprague Resources sees adjusted EBITDA $105M-$120M
OBSV

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05:44 EDT ObsEva CCO Wim Souverijns to leave, Clive Bertram to succeed - ObsEva announced the appointment of Clive Bertram as chief commercial officer, or CCO, and member of ObsEva's executive committee, effective May 10. Wim Souverijns has served as chief commercial officer of ObsEva since November 2018 and will leave the company on June 30 to pursue a new opportunity. He will work to ensure a transition with Bertram. Bertram joins ObsEva with nearly 30 years of experience in commercialization, strategic, corporate and business development in the pharmaceutical industry. Most recently, he served as chief commercial officer at Petra Pharma and Sangart.
OBSV

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05:29 EDT ObsEva reports Q1 EPS (29c), consensus (28c) - As of March 31, ObsEva had cash and cash equivalents of $68M, compared with $31.2M as of December 31, 2020. "The outset of 2021 was marked with a prioritization of capitalization and commercialization, and we have made significant progress on both fronts," said Brian O'Callaghan, CEO of ObsEva. "In the first quarter of 2021, we raised over $60 million in gross equity proceeds, providing the capital needed to continue to advance our pipeline, reach multiple clinical and regulatory milestones, and execute on our well-defined strategic plan. On the commercialization front, we have created significant optionality and momentum with numerous negotiations that have reached an advanced stage. We plan to build on this momentum and select the best potential partners and strategies for each of our programs and look forward to providing additional updates in due course."
SNY

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05:26 EDT Sanofi enters three-year research collaboration with Stanford University - Sanofi has entered into a three-year research collaboration with Stanford University School of Medicine. Together, the two organizations and their scientists will work to advance the understanding of immunology and inflammation through open scientific exchange. Additionally, Sanofi will provide funding and scientific inputs into projects of mutual interest, crossing multiple therapeutic areas including autoimmune diseases and inflammatory conditions. Sanofi and Stanford Medicine will create a Joint Steering Committee to fund up to three programs a year. Sanofi will host an annual research forum for researchers from both organizations to further exchange ideas, share knowledge and perspectives on relevant scientific matters, and discuss collaborative research projects. The collaboration will begin with three "deep-dive" research projects: exploring cytokine crosstalk in type 2 inflammation, specifically examining the impact of Sanofi's investigational molecules on excessive type 2 inflammation; decoding molecular drivers of effector and suppressor T cells in autoimmunity, to better understand the specific antigens that may cause type 1 diabetes and defining the mechanisms of immune-related adverse events with immune checkpoint inhibitor therapy - with a focus on pneumonitis and inflammatory arthritis - to explore the role of genomics and pathogenic cell identification.
HL

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05:21 EDT Hecla Mining sees FY21 silver production 12.9M-14M ounces - Sees FY21 capital expenditures $110M.
ASPN

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05:16 EDT Aspen Aerogels files patent infringement lawsuit against AMA in Genoa - Aspen Aerogels announced that it has filed a patent infringement action at the Court of Genoa against AMA S.p.A. and AMA Composites S.r.l. related to the import and sale of aerogel products from China. Aspen collected evidence relevant to the case through a court-ordered search of AMA's premises. Aspen asserts that AMA infringes several of Aspen's patents, including those previously enforced successfully against Nano Hi-Tech Co. and Guangdong Alison in Germany. Aspen is seeking monetary damages and an injunction against AMA's allegedly infringing activities.
CEO

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05:15 EDT Cnooc commences production at Liuhua 29-2 gas field - Cnooc announced that Liuhua 29-2 gas field has commenced production. The Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of Hong Kong, with water depth of about 750 meters. A new subsea wellhead has been built, with one development well planned, which will fully utilize the existing production facilities of Liwan 3-1 gas field and other deepwater gas fields. It is expected to reach a peak production of approximately 41M cubic feet of natural gas per day in 2021.Cnooc holds 100% interest of Liuhua 29-2 gas field and acts as the operator.
UMC

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05:13 EDT UMC reports April sales of NT$ 16.38M, up 8.78%