Stockwinners Market Radar for May 20, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

MTCR

Hot Stocks

20:40 EDT Metracrine Chief Medical Officer and CEO disclose new insider buys - In a regulatory filing, Metracrine Chief Medical Officer Hubert Chen disclosed the purchase of 3.3K shares of common stock for $11.8K and CEO Preston Klassen disclosed the purchase of 20.5K shares of common stock for $74.7K.
NCR

Hot Stocks

20:39 EDT NCR Corp. COO sells 102.3K shares of common stock - In a regulatory filing, NCR Corp disclosed that its COO Owen Sullivan sold 102.3K shares of common stock on May 19th in a total transaction size of $4.84M, reducing his stake by about 28%.
ARW

Hot Stocks

20:37 EDT Arrow Electronics CEO sells 55.6K shares of common stock - In a regulatory filing, Arrow Electronics disclosed that its CEO Michael Long sold 55.6K shares of common stock on May 20th in a total transaction size of $6.71M, reducing his stake by about 31%.
GLD

Hot Stocks

20:25 EDT SPDR Gold Shares holdings rise from 1,031.27MT to 1,037.09MT - This is the highest level of holdings since March 31st.
DIS

Hot Stocks

18:34 EDT ESPN broadcast of Lakers-Warriors play-in game drew 5.62M viewers - Disney's ESPN said its exclusive telecast of the Los Angeles Lakers vs. Golden State Warriors game generated 5,618,000 viewers, making it the largest audience for an NBA game on ESPN since the 2019 Western Conference Finals, according to Nielsen. The telecast peaked with 6,149,000 viewers on ESPN from 12:30-1 a.m. ET. The Lakers vs. Warriors game, part of the State Farm NBA Play-In Tournament, was up 190% from the single Play-In game on ABC last season. It was the second-most watched NBA game of the 2020-21 season across all networks, only behind the Los Angeles Lakers vs. Dallas Mavericks Christmas Day game simulcast on ABC and ESPN. It won the night across all of television in every key sales demo, ESPN said. In addition, ESPN's early game last night, featuring the Memphis Grizzlies vs. San Antonio Spurs, delivered an average audience of 2,293,000 viewers, making it the third-most watched NBA game on ESPN of the 2020-21 season.
GOLD

Hot Stocks

18:27 EDT Barrick Gold CEO: Copper is 20% of our business - In an interview on CNBC's Mad Money, Mark Bristow said Barrick has a significant presence in all the big copper regions around the world. According to Bristow, copper represents about 20% of the company's business.
AFG

Hot Stocks

17:52 EDT American Financial receives Ohio regulatory approval for Annuity unit sale - American Financial Group announced that the Ohio Department of Insurance has approved the sale of its Annuity businesses, consisting of Great American Life Insurance Company and its two insurance subsidiaries, Annuity Investors Life Insurance Company and Manhattan National Life Insurance Company, to Massachusetts Mutual Life Insurance Company. The sale is expected to close on May 28, 2021. AFG expects to receive total after-tax cash sale proceeds of $3.4B.
GLPI

Hot Stocks

17:49 EDT Gaming and Leisure Properties boosts dividend 3% to 67c per share - Gaming and Leisure Properties announced that the Company's Board of Directors declared the second quarter 2021 cash dividend of 67c per share of its common stock, an increase of 2c per share per quarter, or 3%. The dividend is payable on June 25 to shareholders of record on June 11.
CHMG

Hot Stocks

17:43 EDT Chemung Financial raises quarterly dividend 19.2% to 31c per share - Chemung Financial announced that its Board of Directors has approved a dividend increase of 5c per share, equal to a quarterly cash dividend of 31c per share, payable on July 1, 2021 to common stock shareholders of record as of the close of business on June 17, 2021. This represents a dividend increase of 19.2%. Anders M. Tomson, President and CEO stated, "We are pleased that our Company's strong financial results have allowed us to increase our cash dividend. This continues our long history of paying uninterrupted cash dividends, and we are proud to reward our shareholders with this dividend increase."
STNE

Hot Stocks

17:39 EDT StoneCo announces up to $200M new share repurchase program - StoneCo announced that its board of directors, pursuant to written resolutions dated May 19, has authorized a share repurchase program, under which Stone may repurchase up to $200M in outstanding Class A common shares. This new share repurchase program is a replacement to the previous share repurchase program announced by Stone on May 13, 2019. Under the former program, Stone repurchased a total of 3,595,713 shares on an average price of $55.40 per share, with a total amount of $199.2M.
GLPI

Hot Stocks

17:39 EDT Gaming and Leisure Properties raises quarterly dividend 3% to 67c per share - Gaming and Leisure Properties, Inc. announced that the company's Board of Directors declared the second quarter 2021 cash dividend of 67c per share of its common stock, an increase of 2c per share per quarter, or 3%. The dividend is payable on June 25, 2021 to shareholders of record on June 11, 2021. While the company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.
TCS

Hot Stocks

17:29 EDT Container Store CEO buys 20.5K shares of common stock - In a regulatory filing, Container Store disclosed that its CEO Satish Malhotra bought 25.5K shares of common stock on May 20th in a total transaction size of $251K, boosting his stake by about 41%.
TYL

Hot Stocks

17:27 EDT Tyler Technologies chairman sells 10K shares of common stock - In a regulatory filing, Tyler Technologies disclosed that its chairman John Marr sold 10K shares of common stock on May 18th in a total transaction size of $3.97M, reducing his stake by about 6%.
GD

Hot Stocks

17:19 EDT General Dynamics awarded on $110.15M Army order - General Dynamics and EXPAL will compete for each order of the $110.15M firm-fixed-price contract for the demilitarization and disposal of conventional ammunition. Bids were solicited via the internet with eight received. Work locations and funding will be determined with each order, with an estimated completion date of May 20, 2026. U.S. Army Contracting Command is the contracting activity.
LHX

Hot Stocks

17:17 EDT L3Harris Technologies awarded $438M USOC contract modification - L3Harris Technologies received a maximum ordering limit increase modification in the amount of $438M on an indefinite-delivery/indefinite-quantity contract for the Suite of Integrated Radio Frequency Countermeasures program. This modification raises the maximum ordering amount to $493M and adds pricing for procurement of modules and parts. This contract has a five-year ordering period. The first task order was funded with FY20 operation and maintenance funds at the time of contract award. All subsequent task orders will be funded with appropriate funding. The majority of the work will be performed in Clifton. This contract is a non-competitive award and is in accordance with Federal Acquisition Regulation 6.302.1. U.S. Special Operations Command is the contracting activity.
SJR

Hot Stocks

17:07 EDT Shaw Communications shareholders approve plan for combination with Rogers - Shaw Communications announced that holders of its Class A Participating Shares and Class B Non-Voting Participating Shares have overwhelmingly voted in favour of the previously announced plan of arrangement for the proposed business combination with Rogers at the special meeting of Shaw's shareholders held on May 20. The completion of the arrangement requires the approval of at least two-thirds of the votes cast by the holders of the Class A Shares and Class B Shares at the Meeting, voting separately as a class, as well as majority of the minority approval of the Class A Shareholders and Class B Shareholders, each voting separately as a class. As of April 6for the Meeting, there was a total of 22,372,064 Class A Shares and 476,285,262 Class B Shares outstanding. Shaw will be seeking a final order from the Alberta Court of Queen's Bench on May 25 to approve the Arrangement. The transaction remains subject to other customary closing conditions. The Arrangement is expected to be completed in the first half of 2022. Rogers has exercised its right to require Shaw to redeem all of Shaw's issued and outstanding preferred shares (at the redemption price of $25.00 per share plus any accrued and unpaid dividends up to but excluding the redemption date) on June 30, 2021 in accordance with their terms. Shaw expects to provide notice of its intention to redeem the preferred shares to the registered holders thereof on May 28, 2021.
ASH

Hot Stocks

17:01 EDT Ashland increases quarterly dividend 9% - The board of directors of Ashland Global Holdings has authorized a 9% increase in the quarterly dividend from 27.5c to 30c per share on the company's common stock. The dividend is payable June 15 to stockholders of record at the close of business on June 1.
CYDY

Hot Stocks

16:57 EDT CytoDyn names Antonio Migliarese as new CFO - CytoDyn announced the promotion of Antonio Migliarese to CFO of the company. Mr. Migliarese joined CytoDyn in January 2020, and previously served as Vice President, Corporate Controller.
OAS OMP

Hot Stocks

16:48 EDT Oasis Midstream says it continues to 'benefit' from Oasis Petroleum relationship - Oasis Midstream Partners LP (OMP) commented on Oasis Petroleum's (OAS) recently announced Permian divestiture and Williston acquisition. Oasis Petroleum Inc. announced it entered into a series of definitive agreements to sell its entire Permian Basin position. The primary transaction is expected to close around June 30, 2021. OMP retains its Permian midstream assets in Panther DevCo and expects to benefit from incremental activity versus status quo on the Permian asset, based on plans from the new operator. OMP's customer base continues to diversify with Oasis's Permian assets moving to third-party revenue up to 17% pro forma for Oasis' Permian divestiture. Additionally, with 1Q21 earnings results, OMP announced multiple incremental third-party contracts and continues to work a robust pipeline of new opportunities in the Williston and Permian Basins. OMP continues to benefit from its mutually beneficial relationship with Oasis, whose compelling financial position and deep low-cost inventory are expected to provide strong support to OMP's financial outlook. Following its recently announced Williston acquisition and Permian divestiture, Oasis has indicated it is likely to accelerate activity at OMP dedicated areas in 2022 and beyond. OMP's 2021 guidance is unchanged from the May 4 update. Chief Executive Officer, Taylor Reid, commented, "Oasis Midstream Partners continues to improve due to Oasis's announced divestiture of its Permian assets and recent Williston acquisition. The change in Permian operator will further diversify our customer base, and anticipated incremental activity by the new operator enhances OMP's financial outlook. Oasis's recent Williston acquisition enhances its free cash flow outlook, allowing Oasis to redirect activity from the Permian to OMP dedicated areas in the Williston in 2022 and beyond. OMP believes it is well positioned to capture volumes derived from resilient activity levels at Oasis, which are supported by our sponsor's strong balance sheet and attractive asset base that generates significant free cash flow. We look forward to solid execution and continuing to increase the value of our partners' investment."
OAS

Hot Stocks

16:48 EDT Oasis Petroleum raises FY21 volume guidance to 63.5-66.5 from 67.5-71.0 MBoepd - Oasis is updating its FY21 volume and CapEx guidance to reflect the Permian divestment. 2021 E&P CapEx is expected to be $205M-$220M, as incremental activity that was planned in the Permian is expected to shift into the Williston in 2H21.
CCL

Hot Stocks

16:40 EDT Holland America Line announces plans to restart cruising to Alaska in July - Following passage of the Alaska Tourism Restoration Act, work with Alaska government officials, and recent guidance from the U.S. Centers for Disease Control and Prevention, CDC, Holland America Line is announcing plans to restart cruising to Alaska in July roundtrip from Seattle, Washington, aboard Nieuw Amsterdam. Plans for these cruises to fulfill Holland America Line's obligations under the Passenger Vessel Services Act, PVSA, are expected to be approved, as are final instructions from CDC, and the company is beginning the return-to-cruising preparation process effective immediately. "Holland America Line has been cruising to Alaska for nearly 75 years, and we feel deeply committed to trying to help our friends in 'The Great Land' get back on their feet in any way we can this summer," said Gus Antorcha, president of Holland America Line. "Given the recent positive collaboration from the CDC, as well as optimism about a resolution with the PVSA, we feel like it's now or never to give ourselves a chance to bring cruising back to Alaska this year. "We would like to offer our sincerest appreciation to Senators Lisa Murkowski and Dan Sullivan, Congressman Don Young and Governor Mike Dunleavy for their tireless efforts on behalf of the many small businesses that are the backbone of Alaska tourism."
LRMR

Hot Stocks

16:35 EDT Larimar gets EMA PRIME designation to CTI-1601 for the treatment of FA - Larimar Therapeutics announced that the European Medicines Agency has granted Priority Medicines designation to CTI-1601 for the treatment of FA. CTI-1601 is a recombinant fusion protein intended to deliver human frataxin into the mitochondria of patients with FA who are unable to produce enough of this essential protein. The PRIME designation was based on positive data from Larimar's nonclinical studies and Phase 1 clinical program in patients with FA. As announced last week, pharmacodynamic data from this program showed that daily subcutaneous injections of CTI-1601 at doses of 50 mg or 100 mg resulted in frataxin levels in peripheral tissues or buccal cells, that were at or in excess of those that would be expected in phenotypically normal heterozygous carriers. Safety data from the program indicated that repeated subcutaneous injections of CTI-1601 were generally well tolerated at doses up to 100 mg administered daily for 13 days. "We are thrilled to receive this PRIME designation, which provides valuable regulatory benefits and important external validation for our Friedreich's ataxia program," said Carole Ben-Maimon, MD, President and Chief Executive Officer of Larimar. "Notably, we believe CTI-1601 is the only drug candidate to receive such a designation for the treatment of FA as well as the only clinical-stage candidate that we are aware of that is designed to address the root cause of the disease. We look forward to CTI-1601's continued clinical development and to the planned initiations of our Jive open label extension and pediatric multiple-ascending dose trials, which are expected in the second half of the year." The PRIME program is designed to enhance support for the development of medicines that target an unmet medical need. Through PRIME, the EMA offers early and proactive support to medicine developers to optimize the generation of robust data on a medicine's benefits and risks and enable accelerated assessment of medicines applications so that these medicines can reach patients earlier. To receive a PRIME designation, a product candidate must show its potential to benefit patients with unmet medical needs based on early clinical data or on compelling non-clinical data and tolerability data from initial clinical trials. For more information on the PRIME program visit the EMA website.
CCL

Hot Stocks

16:34 EDT Carnival announces planned resumption for Princess Cruises in July - Following passage of the Alaska Tourism Restoration Act, work with Alaska government officials, and recent guidance from the U.S. Centers for Disease Control and Prevention, or CDC, Carnival's Princess announced its intent to return to service in the United States with a partial season of Alaska sailings from Seattle. Departing July 25 through September 26, round-trip Seattle, seven-day cruises, onboard Majestic Princess, a MedallionClass ship, will be open for sale on May 21. These cruises will visit signature ports, glaciers and attractions in Alaska. Plans for these itineraries to fulfill obligations under the Passenger Vessel Services Act, or PVSA, are expected to be approved as are final instructions from CDC. Princess is continuing its return-to-cruising preparation already underway. These Princess cruises to Alaska are available for guests who have received their final dose of an approved COVID-19 vaccine at least 14 days prior to the beginning of the cruise and have proof of vaccination. Crew vaccinations will be in accordance with CDC guidelines.
IKNX

Hot Stocks

16:33 EDT IKONICS and Teresa Collins partner for product promotion and distribution - IKONICS will work together with Teresa Collins Studio, a worldwide brand in the creative crafts market. The companies agree to collaborate in the promotion of the Ikonart Custom Stencil Kit along with the Ikonart ancillary product line. Ikonart intends to use Teresa Collins' brand images, designs, prints and patterns to help both companies integrate further into larger distribution channels. The goal is to connect consumers to the Ikonart Smart Screen Stencil brand and expand sales.
LRMR

Hot Stocks

16:32 EDT Larimar receives EMA priority medicines designation for CTI-1601 - Larimar Therapeutics announced that the European Medicines Agency has granted Priority Medicines designation to CTI-1601 for the treatment of FA. CTI-1601 is a recombinant fusion protein intended to deliver human frataxin into the mitochondria of patients with FA who are unable to produce enough of this essential protein. The PRIME designation was based on positive data from Larimar's nonclinical studies and Phase 1 clinical program in patients with FA. As announced last week, pharmacodynamic data from this program showed that daily subcutaneous injections of CTI-1601 at doses of 50 mg or 100 mg resulted in frataxin levels in peripheral tissues that were at or in excess of those that would be expected in phenotypically normal heterozygous carriers. Safety data from the program indicated that repeated subcutaneous injections of CTI-1601 were generally well tolerated at doses up to 100 mg administered daily for 13 days. "We are thrilled to receive this PRIME designation, which provides valuable regulatory benefits and important external validation for our Friedreich's ataxia program," said Carole Ben-Maimon, MD, President and Chief Executive Officer of Larimar. "Notably, we believe CTI-1601 is the only drug candidate to receive such a designation for the treatment of FA as well as the only clinical-stage candidate that we are aware of that is designed to address the root cause of the disease. We look forward to CTI-1601's continued clinical development and to the planned initiations of our Jive open label extension and pediatric multiple-ascending dose trials, which are expected in the second half of the year."
OPRA

Hot Stocks

16:31 EDT Opera receives Nasdaq notification of non-compliance - Opera Limited announced that it received a letter from the Nasdaq Stock Market on May 18, 2021, notifying the company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its annual report on Form 20-F for the fiscal year ended December 31, 2020. This notification has no immediate effect on the listing or trading of the company's shares.
OCCI

Hot Stocks

16:25 EDT OFS Credit estimates NAV per share of $13.91-$14.01 as of April 30, 2021 - OFS Credit Company announced the following net asset value estimate as of April 30, 2021. Management's unaudited estimate of the range of its NAV per share of its common stock as of April 30, 2021 is between $13.91 and $14.01. This estimate is not a comprehensive statement of the company's financial condition or results for the month ended April 30, 2021. This estimate did not undergo the company's typical quarter-end financial closing procedures and was not approved by the company's board of directors. "We believe that the COVID-19 pandemic presents material uncertainty and risks with respect to the underlying value of the Company's investments, financial condition, results of operations and cash flows," the company said. "Further, the operational and financial performance of the Company has been, and may continue to be, significantly impacted by the COVID-19 pandemic, which in turn has, and may continue to have, an impact on the valuation of the Company's investments. As a result, the fair value of the Company's portfolio investments may be materially impacted after April 30, 2021 by circumstances and events that are not yet known. To the extent the Company's portfolio investments are further adversely impacted by the effects of the COVID-19 pandemic, the Company may experience a material adverse impact on its future net investment income, the fair value of its portfolio investments, its financial condition and the financial condition of its portfolio investments."
PANW

Hot Stocks

16:22 EDT Palo Alto Networks jumps 5% to $360 after Q3 results beat, FY21 guidance raised
MSEX

Hot Stocks

16:20 EDT Middlesex Water files petition to NJBPU for Rate adjustment - Middlesex Water filed a petition with the New Jersey Board of Public Utilities NJBPU requesting an increase of approximately $31M to its base rates in its Middlesex system. Middlesex is filing for recovery of prudently-incurred investments made to address aging drinking water infrastructure and a variety of other improvements to help ensure continued resiliency, reliability and overall quality of service since the Company's last rate filing in October 2017."Delivering safe drinking water that is vital to public health protection, and in which our customers can have the utmost confidence, requires us to take a long-term, disciplined operational view," said Dennis W. Doll, Middlesex Water President and CEO. "We've made significant investments as well as substantial progress towards further enhancing and ensuring continued reliability, resiliency and overall service quality throughout our water distribution system in New Jersey since our last filing. Under our Water For Tomorrow(R) capital improvement program, more than $267M has been invested in several large-scale utility infrastructure projects to further ensure water quality, strengthen our ability to meet regulatory requirements and harden our distribution network against potential weather-related and other risks. Throughout our 124-year history, we continue to focus on responsibly planning, building and delivering for current and future generations to support quality of life and the economic vitality of the communities we serve," added Doll.
DECK

Hot Stocks

16:19 EDT Deckers Brands jumps 6% to $329.26 after Q4 results beat estimates
EQH

Hot Stocks

16:18 EDT Equitable Holdings raises quarterly dividend to 18c from 17c per share - The dividend on the common stock will be payable June 7, 2021 to shareholders of record at the close of business on May 31, 2021.
DECK

Hot Stocks

16:17 EDT Deckers Brands reports Q4 gross margin 53.2% vs. 51.5% a year ago
WERN NAV

Hot Stocks

16:17 EDT Werner integrates with Navistar 360 to 'enhance' professional driver experience - Werner Enterprises WERN) announces the integration of Navistar International (NAV) 360, I360, providing significant benefits to Werner professional drivers, including time savings and improved repair velocity. On the heels of the company's first anniversary of Werner EDGE, the new integration is another step in the company's innovation strategy and is a cloud-based technology enhancement that delivers seamless, transparent communications with the International service network. "With a comprehensive, easy-to-use interface, Navistar I360's communications and fleet management platform provides dual benefits for our professional drivers and Werner associates, enabling faster, more efficient support across the organization," said Werner's Chief Information Officer Daragh Mahon. "Working with Navistar is another important step in Werner's journey to the cloud and maintaining our leadership position as our industry undergoes its important technology transformation." The API integration with Navistar launched in March 2021 and was built to follow the industry standard of the Technology Maintenance Council. By utilizing the Navistar integration, Werner is able to send trucks to certified OEMs with the parts inventory to quickly get vehicles back on the road, while also gaining warranty coverage on the repairs. Werner EDGE will continue to lead in the integration with direct APIs, with another Navistar integration in the pipeline, which will automate fault data to the providers. "It is exciting to work with the Werner EDGE team on evolving their digital transformation initiatives for service event management," said Navistar's Director, Customer Aftermarket Technology Brian Mulshine. "Werner is finding creative ways to leverage available data from our systems to automate back office processes and improve the driver experience. Additionally, our dealers are utilizing more effective communications, allowing them to address service repairs efficiently. Investments in digital integrations with OnCommand Connection and International 360 technology will help the industry streamline processes for our customers, dealers and suppliers."
ARES

Hot Stocks

16:16 EDT Ares Management to acquire Black Creek Group - Ares Management announced that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group's U.S. real estate investment advisory and distribution business, a real estate investment management firm. "We are very pleased to enter into this strategic transaction with Black Creek, which further scales our real estate business, expands us into core / core-plus strategies and provides us with a leading non-traded REIT retail distribution platform," said Michael Arougheti, Chief Executive Officer and President of Ares. "We believe that this highly complementary combination will add meaningful revenue synergies for our real estate business as we offer new products to our existing investor base." "This acquisition presents an attractive opportunity to further enhance our team's capabilities and grow our leading global real estate equity and debt business to approximately $29 billion in assets under management with offices spanning across the U.S. and Europe," said Bill Benjamin, Partner and Head of the Ares Real Estate Group. "We are very excited to partner with senior management at Black Creek to offer new strategies, expand our sourcing networks and bolster execution. We have known and respected the team at Black Creek for many years and we believe there is a strong cultural alignment, which positions us for long-term success of our combined businesses." Upon closing, key members of the Black Creek leadership team will remain in place and become part of the Ares Real Estate Group, which is led by Bill Benjamin. The transaction consideration will include an upfront amount comprised of a combination of cash and Ares Operating Group Units in addition to a potential performance-based earnout payable in a combination of cash and Ares equity. The transaction is expected to be accretive to Ares' after-tax fee related earnings per share of Class A common stock and after-tax realized income per share of Class A common stock in the first year and a more meaningful driver of growth in earnings in the years ahead. The transaction is expected to close early in the third quarter of 2021 and is subject to customary closing conditions, including regulatory approvals.
POOL

Hot Stocks

16:16 EDT Pool Corp. CEO buys 465 shares of common stock - In a regulatory filing, Pool Corp. disclosed that its CEO Peter Arvan bought 465 shares of common stock on May 19th in a total transaction of $199.6K.
PANW

Hot Stocks

16:15 EDT Palo Alto Networks CEO says 'great strength across our business' - "The work-from-home shift earlier in the year and recent cybersecurity issues have increased the focus on security. Coupled with good execution, this has driven great strength across our business, with Q3 billings growth accelerating to 27% year over year. In particular, we saw a number of customers make large commitments to Palo Alto Networks across our three major platforms," said Nikesh Arora, chairman and CEO of Palo Alto Networks. "We are pleased to be raising our guidance for fiscal year 2021 as we see these trends continuing into our fiscal fourth quarter, bolstering our confidence in our pipeline."
KAI

Hot Stocks

16:14 EDT Kadant announces up to $20M share repurchase plan - Kadant announced that its board of directors has authorized the repurchase of up to $20M of its equity securities effective May 20 through May 20, 2022. Repurchases may be made in public or private transactions, including under Securities Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any repurchases will be at the discretion of company management and will be based on market conditions and other considerations, including limitations contained in our credit agreement entered into on March 1, 2017, as amended. The company has not repurchased any shares of its common stock under the $20M authorization that expired on May 13.
DECK

Hot Stocks

16:13 EDT Deckers Brands board approves increase of $750M to share repurchase plan
RFIL

Hot Stocks

16:12 EDT RF Industries gets $7.6M follow-on order from tier-1 wireless carrier - RF Industries, announced it has received a $7.6M follow-on order from its new tier-1 wireless carrier customer at the Company's Cables Unlimited division for its OptiFlex hybrid fiber solution, for use in the build out of wireless tower sites. "We are delighted to receive another substantial order from this new tier-1 wireless carrier customer within the past two months and appreciate their continued trust in us to be a part of their infrastructure deployment plan," said Robert Dawson, President and CEO of RF Industries. "This sizeable follow-on order is another significant win for us and highlights the increasing demand for our product offering as wireless carriers begin their 5G build out and related network densification. Our OptiFlex solution has been one of the key components of our growth in the last few years and we're excited about the continued opportunities for this product line. This unique hybrid fiber solution supports wireless carrier tower site upgrades, and along with our other carrier-based solutions, is part of the more complete set of products we have been building to serve the wireless marketplace. Significant project wins like this, layered on top of our higher run rate distribution sales, give us confidence that our combined product platform is a springboard for future revenue growth."
BIIB

Hot Stocks

16:11 EDT Biogen receives GMP multi-product license for Switzerland facility - Biogen announced that its next generation manufacturing facility in Solothurn, Switzerland has received a good manufacturing practice, or GMP, multi-product license from the Swiss Agency for Therapeutic Products. The Solothurn facility combines Biogen's latest concepts for fed-batch cell culture technology and protein purification, enabling the large-scale production of biopharmaceuticals. With more than 500 employees, the highly modernized facility design consists of multiple bio-manufacturing cells, or BMCs, with site infrastructure in place to support future BMCs if needed. The GMP licensure is an important step in the readiness of the site, which enables the future submissions of product files to regulatory authorities. Notably, the site could support the manufacturing of aducanumab if approved, expanding on Biogen's existing capacity in Research Triangle Park, North Carolina, as well as the potential manufacturing of lecanemab and other biologic assets.
SIG

Hot Stocks

16:10 EDT D.E. Shaw reports 5.0% passive stake in Signet Jewelers - D.E. Shaw disclosed a 5.0% stake in Signet Jewelers, which represents over 2.62M shares. The filing does not allow for activism.
HD

Hot Stocks

16:10 EDT Home Depot announces $20B share repurchase plan - The board of directors authorized a new $20B share repurchase program, replacing its previous authorization.
AUPH

Hot Stocks

16:08 EDT Aurinia to present 'supportive' AURORA 2 study interim analysis - Aurinia Pharmaceuticals announced that a supportive interim analysis of its AURORA 2 continuation study will be presented at the upcoming European Alliance of Associations for Rheumatology 2021 Congress June 2-5, 2021. Subjects who completed one year of treatment in Aurinia's Phase 3 AURORA study were eligible to enroll in the two-year, blinded, controlled continuation study. The interim analysis to be presented at EULAR evaluated subjects with up to two years of total treatment: one year from AURORA 1 and up to one year in AURORA 2. Previously reported results from AURORA 1 and the Phase 2 AURA-LV study showed that compared with mycophenolate mofetil and low-dose steroids alone, the addition of voclosporin significantly increased the renal response rate and reduced proteinuria, as measured by urine protein creatinine ratio, in subjects with lupus nephritis at approximately one year of treatment. The interim analysis of AURORA 2 showed that subjects in the LUPKYNIS treatment arm sustained meaningful reductions in proteinuria, with no change in mean estimated glomerular filtration rate at 104 weeks of treatment. "Following the enhanced renal response rates achieved in AURORA 1, these additional data show that LUPKYNIS also provides the ability to sustain positive outcomes over time," said Amit Saxena, M.D., Assistant Professor at the Department of Medicine at NYU Langone Medical Center. "The strong and growing pool of data available on LUPKYNIS clearly demonstrates the clinical value and safety of this therapy for a patient population that has historically been challenged with a lack of effective treatment options."
PCSA

Hot Stocks

16:08 EDT Processa Pharmaceuticals doses first patient in PCS499 trial - Processa Pharmaceuticals announced it has dosed its first patient in the Processa trial to evaluate PCS499 in treating ulcerations in patients who have Necrobiosis Lipoidica, or NL. NL is a rare, chronic, idiopathic, granulomatous disease of collagen degeneration caused by a number of diverse pathophysiological changes in a patient. In approximately 30% of NL patients, an open ulcer forms that can have a significant impact on a patient's quality of life.
CCCC

Hot Stocks

16:08 EDT C4 Therapeutics appoints Lauren White as CFO - C4 Therapeutics announced the appointment of Lauren White to the role of chief financial officer, effective June 21. Ms. White's appointment will initiate William McKee's planned transition from interim chief financial officer, a role he has held since March 31, 2020. Mr. McKee will remain engaged to support C4T in a part-time consulting capacity to ensure a smooth transition. As we continue to advance our portfolio of novel protein degraders, we are delighted to welcome Lauren to our team. Her proven track record of strategically allocating resources across research and early-stage clinical development programs, as well as her experiences in financial reporting and accounting, will be invaluable as we continue to build C4T and work to transform patient care," said Andrew Hirsch, president and chief executive officer of C4 Therapeutics. "In addition, we are incredibly grateful for Bill's contributions in shepherding C4T through our Series B financing and initial public offering and in establishing a foundational financial framework for C4T as a public company." Ms. White joins C4 Therapeutics with over 20 years of international experience in corporate finance and strategy. She is joining from Novartis, where she held roles of increasing responsibility within the global finance
XPER CMLS

Hot Stocks

16:08 EDT Xperi's DTS integrates Cumulus Media into car infotainment platform - The company states: "DTS, a wholly owned subsidiary of Xperi Holding Corporation (XPER) and CUMULUS MEDIA (CMLS) announced the integration of CUMULUS MEDIA's network of radio stations into the DTS AutoStage connected car infotainment platform. DTS AutoStage is the first global hybrid radio platform to be commercialized around the world, supporting operations in 60 countries and currently coming to market in the new Mercedes-Benz S-Class."
NVCN

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16:07 EDT Neovasc provides update on litigation in Germany - Neovasc reported that the Higher Regional Court in Munich, Germany has upheld the first instance judgment of the Regional Court Munich of June 16, 2017, in which the court had found that Edwards Lifesciences had contributed in part to the invention of the Tiara and awarded to Edwards co-entitlement rights to the disputed Tiara European patent application. There are no monetary awards associated with these matters and no damages award was recognized.
SKIN

Hot Stocks

16:07 EDT Beauty Health receives expected Nasdaq notification - The Beauty Health Company announced it received a notice on May 19, 2021 from the Listing Qualifications Department of The Nasdaq Stock Market indicating that as a result of the company's failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2021, the company no longer complies with the continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1). The notice has no immediate impact on the listing of the company's securities, which will continue to trade on the Nasdaq Capital Market, subject to the company's compliance with other applicable continued listing requirements.
CCL

Hot Stocks

16:06 EDT Carnival plans to resume cruising to Alaska in July - Carnival announced that three cruise line brands are expected to return to service in the U.S. starting in July with Alaska sailings departing directly from Seattle. Princess Cruises, Holland America Line and Carnival Cruise Line plan to resume guest cruise operations for a partial season in Alaska, each with one ship sailing round-trip. These Alaska cruises are available for guests who have received their final dose of an approved COVID-19 vaccine at least 14 days prior to the beginning of the cruise and have proof of vaccination. Crew vaccinations will be in accordance with CDC guidelines. Plans for these itineraries to fulfill obligations under the Passenger Vessel Services Act are expected to be approved. Princess Cruises, Holland America Line and Carnival Cruise Line are each continuing the return-to-cruising preparation already underway. Princess Cruises will resume operations in Alaska starting July 25 through September 26. Holland America Line's first cruise is scheduled to depart July 24, with 11 Saturday departures that will operate through October 2. Carnival Cruise Line has already opened Alaska sailings departing from Seattle beginning July 27, with weekly departures through September 14 aboard Carnival Miracle. The company is currently sailing with two of its brands in Europe - AIDA Cruises and Costa Cruises. Additionally, eight of Carnival Corporation's nine cruise line brands have announced plans to resume guest operations this summer in Europe, the Caribbean and Alaska.
PLUS

Hot Stocks

16:06 EDT ePlus has 'positive' outlook for FY22 - "Fiscal 2021 was a very successful and productive year for ePlus, as we strengthened our capabilities both organically and through acquisitions, while generating growth in adjusted gross billings, margins and earnings," the company said. "Although component shortages may delay some near-term revenue, as the market continues to evolve, we expect to see accelerated demand for collaboration, remote work solutions, security, and cloud services. We remain positive in our outlook for fiscal 2022 as ePlus continues to focus on the high growth areas that are critical to our customers' digital transformation initiatives."
SREV

Hot Stocks

16:05 EDT ServiceSource expands recruitment into new U.S. markets - The company states: "ServiceSource announced it will expand the markets where it recruits employees, offering new virtual work roles across eight southern U.S. states. Since early 2020, the company has successfully recruited, hired and on-boarded more than 500 employees worldwide using a completely virtual process. ServiceSource previously aligned its U.S. hiring efforts near its office locations in the greater Nashville and Denver metropolitan areas. Now, to tap into the growing preference among potential job candidates to untether their work from a traditional office, the company will expand and accelerate its search for candidates with the best skills and culture fit from a wider variety of locations."
ROST

Hot Stocks

16:04 EDT Ross Stores reports Q1 SSS up 13% versus 2019 - "As previously announced, financial results and guidance throughout fiscal 2021 will be compared against fiscal 2019," the company said. "We believe the significant impact from the extended closure of our operations in the spring of 2020, and the disruptions caused by COVID-19 throughout last year, make this a more relevant basis for comparison."
SGOC

Hot Stocks

16:02 EDT SGOCO Group receives deficiency letter from Nasdaq - SGOCO Group received a notification letter from the Nasdaq Listing Qualifications Department notifying that the company is no longer in compliance with Listing Rule 5250(c) for continued listing due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2020 with the SEC. The company has until July 16 to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. The company intends to submit the Compliance Plan as soon as practicable. The company's independent registered public accounting firm will require additional time to conduct an audit of the company's financial statements for the year ended December 31, 2020. The Company intends to file the Annual Report as soon as practicable. The letter has no immediate impact on the listing of the company's ordinary shares on Nasdaq.
ROST

Hot Stocks

16:02 EDT Ross Stores authorizes new $1.5B stock repurchase program - Ross Stores said its Board of Directors authorized a new program to repurchase up to $1.5B of its common stock through fiscal 2022, with plans to buy back $650M this year and $850M in 2022. CEO Barbara Rentler noted, "The reinstatement of our share repurchase program reflects the current strength of our balance sheet, confidence in the Company's ability to generate excess cash after funding our growth and other capital needs of the business, and our long-standing commitment to enhancing stockholder value and returns."
LAZR TSLA

Hot Stocks

15:50 EDT Luminar up 5% in late day trade as InsideEVs article circulates - Shares of Luminar (LAZR) are up 5% to $22 in late day trading in apparent reaction to an InsideEVs article discussing speculation that the company's technology is involved in a test involving Tesla (TSLA). Reference Link
CWST

Hot Stocks

15:30 EDT Casella Waste, Rudarpa break ground on RNG processing facility - Casella Waste Systems in partnership with Rudarpa, Inc. officially broke ground on a Renewable Natural Gas processing facility on May 19 at its North Country Environmental Services disposal facility in Bethlehem, N.H. Project partners and local officials took part in the ceremony, celebrating the official start of the project that is the first of its kind in New Hampshire. "We're thrilled to see this vision begin to take shape in Bethlehem," said Casella Chairman and CEO John W. Casella. "We're grateful to our partners who helped to develop the infrastructure that will lead to opportunity and environmental benefits for the entire state of New Hampshire and look forward to bringing the additional economic benefits to Bethlehem for years to come." The construction phase of the project is estimated to take 13 months and is expected to create up to 30 full time jobs. Once operational, up to 12 full and part time jobs are expected to be created to allow the facility to produce at capacity.
MDP SNAP

Hot Stocks

15:02 EDT Meredith's Allrecipes announces partnership with Snapchat - Meredith Corporation's (MDP) Allrecipes announced it will be "the exclusive food category partner" of the Scan feature within Snap's (SNAP) Snapchat. "The new offering enables home cooks to access Allrecipes recipes based on ingredients captured in the Snapchat camera. Available later this year, this new feature will make it fun and easy to create a variety of dishes with food that's already in users' kitchens or grocery carts," Allrecipes stated.
ILMN

Hot Stocks

14:47 EDT FTC to proceed with administrative trial regarding charges about Illumina deal - The Federal Trade Commission announced it has authorized staff to dismiss its federal court complaint for Preliminary Injunction and Temporary Restraining Order in the case regarding Illumina's $7.1B proposed acquisition of GRAIL. Acting Bureau of Competition Director Maribeth Petrizzi issued this statement on the Commission's action: "The FTC sought preliminary relief in federal court to prevent Illumina and GRAIL from merging while the case is being decided on the merits in administrative court. At the time, a district court order was necessary to prevent the parties from consummating their merger. The administrative trial is scheduled to begin on August 24, 2021. Now that the European Commission is investigating, Illumina and GRAIL cannot implement the transaction without obtaining clearance from the European Commission." The FTC confirmed that it plans to proceed with administrative trial regarding allegations that the vertical merger would harm competition in the U.S. market for multi-cancer early detection tests. Reference Link
COIN...

Hot Stocks

14:18 EDT Federal Reserve to publish paper on U.S. central bank digital currency - Federal Reserve Board Chair Jerome Powell announced that the Federal Reserve plans to publish this summer a discussion paper that will explore the implications of technology for digital payments, with a particular focus on the possibility of issuing a U.S. central bank digital currency. "As the central bank of the United States, the Federal Reserve is charged with promoting monetary and financial stability and the safety and efficiency of the payment system," Powell said in a video message. "In pursuit of these core functions we have been carefully monitoring and adapting to the technological innovations now transforming the world of payments, finance, and banking." Reference Link
LEGN JNJ

Hot Stocks

14:15 EDT Legend Biotech reports EMA has accepted MAA for cilta-cel in treatment of RRMM - Legend Biotech (LEGN) announces that the European Medicines Agency has accepted the Marketing Authorisation Application, or MAA, seeking approval of ciltacabtagene autoleucel, or "cilta-cel," for the treatment of patients with relapsed and/or refractory multiple myeloma, or RRMM. "The acceptance of the MAA confirms that the application is valid and marks the commencement of the EMA's assessment process. Pursuant to Legend Biotech's collaboration agreement with Janssen Biotech, Inc., Legend Biotech will receive a milestone payment of $15M relating to the EMA's acceptance of the MAA," the company stated. Janssen Biotech is a Johnson & Johnson (JNJ) company.
SNAP

Hot Stocks

14:11 EDT Snap introduces next generation of Spectacles - Snap has unveiled the next generation of Spectacles, which it calls "Snap's first pair of display glasses designed for creators to overlay their Lenses directly onto the world." Snap said: "Each generation of Spectacles has served as a building block in our journey with the creator community, and now the new Spectacles bring imagination to life in a natural way - with our eyes looking out at the world in front of us. Not for sale, Spectacles enable augmented reality creators to discover new ways to fuse creativity and utility through immersive experiences built in Lens Studio... Snap has offered new Spectacles to a select group of global creators to realize their visions overlaid on the world and push the boundaries of augmented reality."
SYY

Hot Stocks

14:09 EDT Sysco announces $5B share repurchase authorization - Sysco announced a share repurchase authorization of $5B, to be available until fully utilized. "Today represents a pivotal moment, as we introduce our Recipe For Growth and our new purpose platform. We are creating new capabilities for Sysco that will enable us to better serve our customers, win share and increase customer loyalty. Our strategy will deliver compelling financial results and will establish a growth trajectory for the company that is fueled by our purpose," said Kevin Hourican, Sysco CEO "Only Sysco has the leadership and financial strength to deliver upon all five elements of our Recipe For Growth, further differentiating Sysco and creating a sustainable competitive advantage."
SYY

Hot Stocks

14:09 EDT Sysco announces share repurchase authorization of $5B - "Sysco's strategy is built upon its commitment to a balanced capital allocation strategy - investing for growth, while preserving our strong balance sheet and investment grade rating and returning value to our shareholders. The combined actions we are announcing today position Sysco for long-term growth and success," said Aaron Alt, Sysco's CFO.
SYY

Hot Stocks

14:04 EDT Sysco board increases quarterly dividend 2c to 47c per share - The company announced that its Board of Directors acted to increase its quarterly dividend through a 2c per share increase, to 47c per share, representing Sysco's 52nd consecutive annual dividend increase. The increase will be paid as part of Sysco's regular quarterly cash dividend, payable on July 23, to common stockholders of record at the close of business on July 2.
ATI

Hot Stocks

14:02 EDT Allegheny Technologies names Robert Wetherbee board chair - Allegheny Technologies announced that at the conclusion of its 2021 Annual Meeting today, Robert S. Wetherbee became Board Chair in addition to his role as Chief Executive Officer and President. His appointment is concurrent with the retirement of Diane C. Creel, who was ATI's Lead Independent Director from 2011-2019, when she became Board Chair. Her retirement coincides with the end of her most recent term, consistent with ATI's mandatory director retirement age policies. Recognizing the fundamental importance of independent Board oversight, the Board named current Board member J. Brett Harvey Lead Independent Director. In this role, he will provide oversight to ensure the continued independent and efficient operation of the Board and, as necessary, serve as a liaison between the independent members of the Board and ATI's management.
SNAP FTCH

Hot Stocks

14:01 EDT Snap announces new augmented reality tools, partnership with Farfetch - Snap announced new augmented reality tools and camera experiences for Snapchatters, creators, and businesses. "Alongside its partners, Snap is building a camera that transforms how its community interacts with the world around them through access to contextual information and richer augmented reality experiences. More than 5 billion Snaps are created every day on average, making the Snapchat camera one of the most used in the world. Snapchat opens to the camera, so it's at the center of how the global Snapchat community communicates with friends, expresses themselves, and learns about the world," the company stated. Snap added: "Snap is introducing new AR try-on experiences with fashion partners, bringing Snapchatters together with the businesses they care about through the Snapchat camera. FARFETCH provides an immersive shopping experience using 3D Body Mesh and voice-enabled controls, letting Snapchatters now say what items they're looking to browse and try on in AR. Prada is tapping into new gesture recognition capabilities that let shoppers signal to the camera when they want to try on another item."
SNAP

Hot Stocks

14:00 EDT Snap introduces new AR tools, camera experiences - Snap announced new augmented reality tools and camera experiences for Snapchatters, creators, and businesses. Alongside its partners, Snap is building a camera that "transforms how its community interacts with the world around them through access to contextual information and richer augmented reality experiences," the company said. Scan enables Snapchatters to search through millions of Lenses by matching what is seen through the camera to the most relevant AR experiences on Snapchat. More than 170M Snapchatters Scan the world around them every month. Today, Snap is bringing the Scan button to the forefront, placing it on the main Camera screen of Snapchat. In addition, Snap is updating Lens Studio with advanced tools that empower creators to build even more robust, innovative Lenses across gaming, education, shopping, and more, and refine them over time. Lens Studio now features Connected Lenses, which lets friends interact together in real time, whether located in the same room or across the world. Snap and the LEGO Group have created the first Connected Lens, so starting today, friends can collaboratively build with LEGO bricks on Snapchat. Snap also introduced new AR try-on experiences with fashion partners, bringing Snapchatters together with the businesses they care about through the Snapchat camera.
$DOGE TSLA

Hot Stocks

13:59 EDT Elon Musk says has not, and won't, sell any dogecoin - Tesla CEO Elon Musk via Twitter, "Yeah, I haven't & won't sell any Doge."
SNAP...

Hot Stocks

13:42 EDT Snap announces partnerships with Disney, Bumble - Snap (SNAP) announced new partnerships and developer products across its Snap Kit, Games, Minis and Bitmoji platforms. Snap also introduced Map Layers, which it calls "a new way for partners to bring their services to the Snap Map." As part of these announcements, Snap reported that it is collaborating with Disney's (DIS) PhotoPass Service to bring Snap's Camera technology to Walt Disney World Resort through Camera Kit. "Using the My Disney Experience app, guests will be able to transform Cinderella Castle with augmented reality, or add AR to the photos and videos they capture in the app. Starting today, fans can get an early preview on Snapchat, with new Mickey Mouse and Minnie Mouse Lenses, available in the U.S. for a limited time, and exclusive to Walt Disney World Resort guests beginning next month," Snap stated. In addition, Snap announced that as of today, Bumble (BMBL) users can send video notes and use Snapchat Lenses to personalize the virtual dating experience. "Later this year, Bumble is also integrating a new Snap Kit product, Sticker Kit, to bring Bitmoji, Stickers and Gifs to their platform. Sticker Kit offers developers one convenient interface to integrate Snap's creative tools into their app experiences," Snap stated.
POSH SNAP

Hot Stocks

13:40 EDT Poshmark jumps 8.3% to $38.22 after announcing deal with Snap
SNAP

Hot Stocks

13:39 EDT Snap announces tools, workflows, monetization opportunities for Creators - Snap announced new tools, workflows and monetization opportunities to support Creators' growth on Snapchat. The company said, "Story Studio is Snap's new standalone app that offers powerful editing tools to make professional content for mobile, on mobile. It's a fast and fun way to make more advanced, engaging vertical videos that share right to Snapchat - and anywhere else. Built for Creators, Story Studio offers insights into trends happening on Snapchat. It is launching later this year on iOS and will be available for free...Spotlight is rolling out globally, and already reaches 125 million monthly active users. The number of viewers watching Spotlight for at least 10 minutes per day grew by over 70% from January to March. Snap continues to offer millions per month to reward Snapchatters for their creativity. Since launching in November, over 5,400 Creators have earned more than $130 million dollars. Snap also launched a new destination to watch Spotlight content on the web, even without a Snapchat account. There, Creators and brands who lean on desktop tools like Final Cut Pro can easily upload content into Spotlight directly from Chrome or Safari, even in high-definition 4k video resolution...In addition, Snap is expanding the monetization opportunities available to Creators through a new feature called Gifting, and offering new ways for fans to connect with their favorite Creators. A Gift is a show of support Creators can receive from their fans who want to build meaningful personal relationships with them through Story Replies, which are direct messages a Creator can choose to repost to start a broader conversation around the topics they love. Creators have control over the types of messages they receive with custom filtering, so conversations stay respectful and fun. Our Creator community uses Story Replies as a way to build stronger relationships and engage with their fans. In the Middle East, where the Creator community is thriving, over 90% of Snap Stars receive Story Replies from their fans.
POSH SNAP

Hot Stocks

13:38 EDT Poshmark, Snap partner to bring social shopping to Snapchat with Poshmark Mini - Poshmark (POSH) announced a partnership with Snap (SNAP) to launch Poshmark Mini: a bite-sized social shopping experience of Poshmark that lives inside of Snapchat. Launching in the coming weeks, the Poshmark Mini empowers Poshmark's and Snap's social-driven communities to connect with each other and explore curated products. "Community is at the heart of everything we do, and we're focused on building the world's largest and most accessible social shopping community where everyone is welcome and anyone can thrive," said Steven Tristan Young, Chief Marketing Officer of Poshmark. "We're delighted to bring our simple, social and sustainable shopping experience to Snap, a brand that also prioritizes and fosters community. This partnership is a natural extension of our founding mission to put people at the heart of commerce and allows us to create more engaging, dynamic, and personalized shopping experiences everywhere consumers are."
BMY

Hot Stocks

13:29 EDT Bristol-Myers reports FDA approves Opdivo in esophageal or GEJ cancer indication - Bristol Myers Squibb announced that the U.S. Food and Drug Administration has approved Opdivo for the adjuvant treatment of completely resected esophageal or gastroesophageal junction, or GEJ, cancer with residual pathologic disease in patients who have received neoadjuvant chemoradiotherapy. The approval is based on results from the Phase 3 CheckMate -577 trial that evaluated Opdivo compared to placebo in esophageal or GEJ cancer patients with residual pathologic disease following neoadjuvant CRT and complete resection. This application was reviewed under the FDA's Real-Time Oncology Review, or RTOR, pilot program, which aims to ensure that safe and effective treatments are available to patients as early as possible. The review was also conducted under the FDA's Project Orbis initiative, which enabled concurrent review by the health authorities in Australia, Canada and Switzerland. Adam Lenkowsky, senior vice president and general manager, U.S. Cardiovascular, Immunology and Oncology, Bristol Myers Squibb, said, "Today's news marks an important step for patients as well as meaningful progress toward our commitment to pioneering immunotherapy treatment options in earlier stages of disease where there is the potential to reduce the risk of recurrence."
GOOG GOOGL

Hot Stocks

13:27 EDT Google plans 'first ever physical retail store' in New York's Chelsea - In an earlier posting to Google's The Keyword blog, Jason Rosenthal VP, Direct Channels & Membership, said, in part: "Today, we're announcing our plans to open Google's first ever physical retail store, in one of the greatest cities in the world: New York. The new Google Store in Chelsea will be a space where customers can experience our hardware and services in a helpful way. We'll be opening our doors to the public in summer 2021. At the Google Store, customers will be able to browse and buy an extensive selection of products made by Google, ranging from Pixel phones to Nest products, Fitbit devices to Pixelbooks and more. Or they can shop online at GoogleStore.com and pick up their orders in store. Throughout the store, visitors will be able to experience how our products and services work together in a variety of immersive ways, which we're excited to share more about when the doors open. We'll have experts on hand to help visitors get the most out of their device, such as troubleshooting an issue, fixing a cracked Pixel screen or helping with installations. It doesn't matter whether you're a longtime Pixel user, are curious about our Nest displays or want to participate in one of the how-to workshops we'll offer throughout the year - our team will be able to provide you with help that's specific and personalized to your needs. " Reference Link
SVVC

Hot Stocks

12:49 EDT Firsthand Technology Value Fund shareholder issues statement to directors - Firsthand Technology Fund (Nasdaq: SVVC) 3.7% shareholder Rawleigh Ralls issued a statement regarding his views on the Fund's independent board members, Kimun Lee, Greg Burglin, Nicholas Petredis and Rodney Yee and the Fund's performance. Ralls believes have each sat on the Board of SVVC for most or all of the Fund's life. Ralls believes these Directors have presided over an "epic failure of fund management performance in seemingly unblinking fashion." The statement said in part: "For the nearly 10 years that these individuals have served as directors, SVVC's share price declined 78% through year-end 2020. Despite this performance, the Board has repeatedly renewed the contract with the Fund's advisor, Firsthand Capital Management, led by Kevin Landis. Mr. Ralls believes these Board members also "rubber stamped unconscionable fund management fees" totaling $33.8M over nearly ten years, yet SVVC's market cap has shriveled to just $42M. For this work, over most of the last 3 years, SVVC directors have been paid $50,000 per year, up 150% from $20,000 per year in 2016, "despite SVVC's death spiral destruction of shareholder value," added Mr. Ralls. SVVC's Code of Ethics states that directors "owe a fiduciary duty to fund shareholders. This means a duty of loyalty, fairness and good faith toward the shareholders, and a corresponding duty not to do anything prejudicial to or in conflict with the interests of the shareholders."...A truly independent and sentient Board has ample reason to replace Firsthand Capital Management and Mr. Landis."
BMWYY

Hot Stocks

12:45 EDT BMW sees positive EUR 1B impact in Q2 from legal revaluation - Based on the progress of the proceedings, BMW said it expects, compared with the statement of objections of April 5, 2019, that the EU Commission will "significantly reduce" its allegations against the company in terms of content and duration. The subject matter of the proceedings is whether German automobile manufacturers cooperated in technical working groups to restrict competition in the development and rollout of emission-reduction technologies. The legal conformity of diesel vehicles is not subject of the proceedings. The BMW noted that it has not and has not been accused of unlawful manipulation of emission control systems. In April 2019, BMW recognized a provision of around EUR 1.4B. Based on the new information, BMW continues to consider it more likely than not that the EU Commission will issue a fine to BMW. "However, the significant limitation in the scope of the allegations has led to a revaluation of the provision," the company said. This revaluation will result in a positive effect on earnings of around EUR 1B in Q2. This effect on earnings is not included in the current guidance for 2021 and will lead to an increase in the EBIT margin for the Automotive segment of around one percentage point. BMW continues to expect a "significant increase" in earnings before taxes in the current financial year. "If the allegations are significantly reduced as expected, BMW AG would refrain from taking legal action against the issuance of any fine," it added.
CATO

Hot Stocks

12:36 EDT Cato Corp. trading resumes
SYY

Hot Stocks

12:30 EDT Sysco to acquire Greco and Sons, terms not disclosed - Sysco Corporation announced it has entered into an agreement to acquire Greco and Sons, an independent Italian specialty distributor in the United States from Arbor Investments and the Greco family. Greco and Sons operates 10 distribution centers servicing 22 geographies nationwide, with approximately $800M in annual revenue. "We are excited to welcome Eddie Greco and the rest of the Greco and Sons family to Sysco. The addition of this great company to Sysco's portfolio of specialty companies will enable us to better serve Italian-focused customers by establishing a new Cuisine-Focused Selling platform. Greco has perfected a go-to-market approach to serve the Italian segment, and we are committed to maintaining that excellence and expanding the capability to new geographies, over time," said Kevin Hourican, Sysco's president and chief executive officer. "The Greco team will bring significant experience and considerable expertise to this high growth sector, along with a track record of exceptional customer service and an extensive selection of exclusive premium products. Our combined value proposition will help both our companies achieve greater growth through a highly differentiated and tailored customer experience." The acquisition is subject to regulatory approval and other customary closing conditions.
CATO

Hot Stocks

12:29 EDT Cato Corp. announces resumption of 11c per share quarterly dividend - The board of directors of The Cato Corporation declared a regular quarterly dividend of 11c per share, payable on June 21 to shareholders of record on June 7. The 11c dividend, or 44c on an annualized basis, represents an annualized yield of 3.1% at the closing market price on May 19, the company noted.
TWTR

Hot Stocks

12:14 EDT Twitter starts rolling out new verification application process - Twitter said that, starting today, it will begin rolling out its new verification application process and reviewing public applications for verification on Twitter. "Over the past several months, we've been working to bring clarity to the verification eligibility criteria and launched a new policy shaped by public feedback," the company said. "We also started enforcing that policy by automatically removing the verified badge from accounts that no longer meet the updated criteria for verification, such as those that are inactive or incomplete. We're grateful for all who participated in our public feedback period and shared ideas for how we can improve verification on Twitter." To qualify for verification, accounts must fit the criteria of one of six categories, namely government; companies, brands, and organizations; news organizations and journalists; entertainment; sports and gaming; and activists, organizers, and other "influential individuals." Reference Link
BTC...

Hot Stocks

12:13 EDT Biden tax compliance proposal targets crypto transfers over $10,000 - The Treasury Department detailed President Biden's proposed set of tax compliance measures "to foster a tax system where Americans pay the taxes they owe." The proposal includes additional resources for the Internal Revenue Service to address the growth of cryptoassets. "Despite constituting a relatively small portion of business income today, cryptocurrency transactions are likely to rise in importance in the next decade, especially in the presence of a broad-based financial account reporting regime. Within the context of the new financial account reporting regime, cryptocurrencies and cryptoasset exchange accounts and payment service accounts that accept cryptocurrencies would be covered. Further, as with cash transactions, businesses that receive cryptoassets with a fair market value of more than $10,000 would also be reported on. Although cryptocurrency is a small share of current business transactions, such comprehensive reporting is necessary to minimize the incentives and opportunity to shift income out of the new information reporting regime" Reference Link
ANF

Hot Stocks

12:00 EDT Abercrombie & Fitch falls -8.4% - Abercrombie & Fitch is down -8.4%, or -$3.41 to $37.13.
KSS

Hot Stocks

12:00 EDT Kohl's falls -10.8% - Kohl's is down -10.8%, or -$6.53 to $53.72.
CODYY

Hot Stocks

12:00 EDT Saint-Gobain acquires Chryso for enterprise value of EUR 1.02B - Saint-Gobain today announces having entered into an agreement to acquire Chryso, a provider of construction chemicals, from funds advised by Cinven. The company employs about 1,300 employees and generated over the last twelve months revenues of approximately EUR 400M and an EBITDA of EUR 85M. "The acquisition of Chryso perfectly fits within Saint-Gobain's strategic vision of worldwide leadership for sustainable construction. It will further expand the Group's presence in the growing construction chemicals market with combined sales of more than EUR 3 billion across 66 countries," Saint-Gobain said in a statement. The enterprise value of EUR 1.02B represents a multiple of 12.0 times Chryso's last twelve months EBITDA. Saint-Gobain will fully finance the acquisition using the proceeds from divestments.
TGI

Hot Stocks

12:00 EDT Triumph Group falls -11.9% - Triumph Group is down -11.9%, or -$1.95 to $14.50.
LSPD

Hot Stocks

12:00 EDT Lightspeed POS rises 13.7% - Lightspeed POS is up 13.7%, or $7.86 to $65.30.
DAO

Hot Stocks

12:00 EDT Youdao rises 13.9% - Youdao is up 13.9%, or $3.12 to $25.52.
NTP

Hot Stocks

12:00 EDT Nam Tai Property rises 14.8% - Nam Tai Property is up 14.8%, or $2.98 to $23.06.
CB

Hot Stocks

11:43 EDT Chubb shareholders approve annual dividend increase to $3.20 per share - Chubb Limited announced that its shareholders have approved all matters submitted to the Chubb Limited 2021 Annual General Meeting, held at the company's offices in Zurich, Switzerland. Shareholders approved a 2.6% increase in the company's dividend to $3.20 per share annually, or 80c per share, per quarter, from $3.12 per share, or 78c per share, per quarter. This marks the twenty-eighth consecutive annual increase in the company's dividend.
CATO

Hot Stocks

11:31 EDT Cato Corp. trading halted, news pending
UG

Hot Stocks

11:19 EDT United-Guardian increases mid-year dividend to 48c per share - United-Guardian announced that the company's Board of Directors, at its meeting on May 18, 2021, declared a cash dividend of 48c a share, which will be paid on June 7, 2021 to all stockholders of record on May 31, 2021. This will be the 26th consecutive year that the company has paid a dividend. Ken Globus, President of United-Guardian, stated, "Based on our strong first quarter earnings, as well as our expectation that sales will remain strong for the second quarter, the company's Board of Directors determined that it was appropriate to increase our mid-year dividend. This represents an increase of 33% over the dividend we paid at the end of 2020, and a 33% increase over the 2020 mid-year dividend. The Directors believe that the worst of the coronavirus pandemic is behind us, and that the health of our company, as well as the global economic situation in general, will continue to improve as the year progresses. Considering the company's very strong financial condition, taking into account any foreseeable needs for capital, the company's Board and its management concluded that increasing our mid-year dividend was in the best interests of both the company and its shareholders."
HOOD

Hot Stocks

11:05 EDT Robinhood launches product to buy shares at IPO price before public - Robinhood said on its website, "Today, we're starting to roll out IPO Access, a new product that will give you the opportunity to buy shares of companies at their IPO price, before trading on public exchanges. With IPO Access, you can now participate in upcoming IPOs with no account minimums. Most IPO shares typically go to institutions or wealthier investors. With IPO Access, everyday investors at Robinhood will have the chance to get in at the IPO price...Discover upcoming IPOs from a list of participating companies that plan to distribute shares to Robinhood...Request to buy shares of companies at their initial listing price range. When the final price is set, you'll be able to review, edit, or cancel your request, before shares are allocated to Robinhood customers...Watch and wait-IPO shares can be very limited, but all Robinhood customers get an equal shot at shares regardless of order size or account value." Reference Link
BJ

Hot Stocks

10:31 EDT BJ's Wholesale to open six new clubs in 2021 - BJ's Wholesale Club announced it is expanding its footprint by opening six new clubs this fiscal year. Its newest clubs will be located in Seabrook, N.H., Port Charlotte, Fla., Commack, N.Y., South Fayette, Pa., Ross Township, Pa. and Lansing, Mich. The locations in the greater Pittsburgh area and in Lansing, Mich. are both new markets for the retailer. Additionally, the new clubs in Port Charlotte, Fla., South Fayette, Pa., Ross Township, Pa. and Lansing, Mich.
BNGO

Hot Stocks

10:11 EDT Bionano Genomics granted patent for genomic coverage measurements - The United States Patent and Trademark Office posted on its website a patent for Bionano Genomics relating to the reduction of bias in genomic coverage measurements. Shares of Bionano are up 20c to $5.80 in morning trading. Reference Link
GSK INVA

Hot Stocks

10:02 EDT GlaxoSmithKline sells 32M shares of Innoviva for proceeds of $392M - GlaxoSmithKline (GSK) said it has agreed with Innoviva (INVA) to sell all of its approximately 32M shares of common stock of Innoviva back to Innoviva at a price of $12.25 per share, raising gross proceeds of approximately $392M. Following settlement of the transaction, GSK will no longer hold any Innoviva stock. "The terms of GSK's long-standing and successful respiratory collaboration with Innoviva remain unchanged...This equity disposal releases capital to enable GSK to make further investment behind the Group's strategic priorities," it added.
TGI

Hot Stocks

10:00 EDT Triumph Group falls -8.0% - Triumph Group is down -8.0%, or -$1.32 to $15.13.
BJ

Hot Stocks

10:00 EDT BJ's Wholesale falls -8.6% - BJ's Wholesale is down -8.6%, or -$4.16 to $44.42.
KSS

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10:00 EDT Kohl's falls -10.6% - Kohl's is down -10.6%, or -$6.36 to $53.89.
DAO

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10:00 EDT Youdao rises 12.1% - Youdao is up 12.1%, or $2.70 to $25.10.
LSPD

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10:00 EDT Lightspeed POS rises 14.3% - Lightspeed POS is up 14.3%, or $8.23 to $65.67.
SPCE

Hot Stocks

10:00 EDT Virgin Galactic rises 14.9% - Virgin Galactic is up 14.9%, or $2.58 to $19.85.
EZGO

Hot Stocks

09:50 EDT EZGO Technologies to acquire land, factory building for $10.2M - EZGO Technologies announced that the Company has agreed to acquire land and factory buildings owned by Tianjin Jiahao Bicycle Co. for a total purchase price of approximately $10.2M. The transaction is expected to close by June 15, 2021. With the completion of this transaction, Jiangsu Baozhe Electric Technology, the domestic operation company of EZGO, will have more than 35,000 square meters of factory land, including two factory buildings and an administration building, and a construction area of approximately 11,000 square meters. EZGO will also have the flexibility to construct an additional 40,000 square meters of production factory buildings on this land, located in the Beijing-Tianjin Science and Technology Valley in the Wuqing District of Tianjin, which is a part of China's Bicycle Kingdom Industrial Zone. Home to several reputable technology enterprises, this model industrial park in Tianjin is one of the most important centers of the parts supply chain for China's e-bicycle industry. The Tianjin Jiahao property is conveniently and strategically located less than 1/2 km away from the Beijing-Tianjin Expressway entrance. The estimated production capacity of the existing factory buildings purchased in this transaction is 100,000 units of two-wheeled e-bicycles. The estimated production capacity of the factory building expected to be built on the remaining land being purchased is anticipated to be approximately 500,000 units of two-wheeled e-bicycles. EZGO's current production capacity at its previously leased factory in Nancai Town of Tianjin was nearly 300,000 e-bicycles, with actual capacity of 150,000 e-bicycles due to limited turnover space. This purchase will enable EZGO to significantly ramp production of its e-bicycles following the Company's successful application for the national first-class electric motorcycle qualification.
KSS

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09:47 EDT Kohl's falls -7.5% - Kohl's is down -7.5%, or -$4.51 to $55.74.
BEKE

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09:47 EDT KE Holdings falls -8.2% - KE Holdings is down -8.2%, or -$4.11 to $46.15.
BJ

Hot Stocks

09:47 EDT BJ's Wholesale falls -9.9% - BJ's Wholesale is down -9.9%, or -$4.81 to $43.77.
LSPD

Hot Stocks

09:47 EDT Lightspeed POS rises 8.0% - Lightspeed POS is up 8.0%, or $4.57 to $62.01.
CATO

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09:47 EDT Cato Corp. rises 9.3% - Cato Corp. is up 9.3%, or $1.32 to $15.54.
SPCE

Hot Stocks

09:47 EDT Virgin Galactic rises 22.0% - Virgin Galactic is up 22.0%, or $3.80 to $21.07.
INVA GSK

Hot Stocks

09:42 EDT Innoviva announces repurchase of GSK equity stake for $392M - Innoviva (INVA) announced the execution of definitive agreement to purchase of GSK's (GSK) equity stake in Innoviva, constituting approximately 32M shares, or 32% of the outstanding common stock, at $12.25 per share, representing a 3% discount to the 5-day volume weighted average price of the Company's common stock, for a total purchase price of $392M.
BJ

Hot Stocks

09:42 EDT BJ's Wholesale doesn't see Q1's merchandise margin improvement recurring
BJ

Hot Stocks

09:41 EDT BJ's Wholesale sees remaining three quarters SSS down 10% - Comments taken from Q1 earnings conference call.
ALKS

Hot Stocks

09:39 EDT Alkermes appoints Emily Peterson Alva to board with support from Elliott - Alkermes earlier today announced the appointment of a new independent director, Emily Peterson Alva, to the company's board. A former Lazard M&A Partner with more than 15 years of investment banking experience, Alva "brings significant experience navigating complex strategic, transactional and governance matters for public companies across many sectors including specific expertise in healthcare and pharmaceuticals," Alkermes said in a statement. "Elliott strongly supports Emily's appointment to the Alkermes Board and its newly formed Financial Operating Committee," said an Elliott Advisors spokesperson. "Emily brings significant financial and strategic expertise to the Board. This is another welcome step by Alkermes to drive value creation for shareholders as the company implements its Value Enhancement Plan and builds on recent operational progress."
JNJ

Hot Stocks

09:35 EDT Janssen reports 96% overall response rate for Imbruvica plus venetoclax - Janssen Pharmaceutical of Johnson & Johnson announced new data from the fixed-duration cohort of the investigational Phase 2 CAPTIVATE study, showing that 95% of patients treated with combined Imbruvica plus venetoclax were alive and progression-free at two years.Deep remissions were seen across all subgroups, including patients with high-risk chronic lymphocytic leukemia, the company in a statement. The CAPTIVATE study evaluated previously untreated CLL/small lymphocytic lymphoma patients 70 years or younger, including patients with high-risk disease. At a median follow-up of 27.9 months, the complete response rate in the overall population was 56% and was consistent across high-risk subgroups.Of the patients who achieved a CR, 89% had a durable CR of at least one year. Among the remaining 11%, one patient had progressive disease; the remaining patients with response follow-up of less than one year were not evaluable. The overall response rate was 96%. Reference Link
RL

Hot Stocks

09:32 EDT Ralph Lauren sees double digit growth in each region in FY22
ORBC

Hot Stocks

09:30 EDT Orbcomm, Unseenlabs partner for maritime surveillance service - ORBCOMM announced that it has entered into a global commercial reseller agreement with Unseenlabs, a French company that specializes in the geolocation of ships at sea and a European leader in satellite Radio Frequency detection from space, to offer its unique, space-collected RF services for maritime surveillance applications to ORBCOMM's government and commercial Automatic Identification System customers.
CSCW

Hot Stocks

09:29 EDT Color Star Technology signs MOU with Movie Planet, Youa Group - Color Star Technology announced the signing of a Memorandum of Understanding on April 23 through its wholly-owned subsidiary, Color China Entertainment Co., Ltd., Movie Planet, and a South Korea-based company, Youa Group. Pursuant to the MOU and subject to definitive agreements, the three parties will aim to jointly develop a NFT application for the Hollywood Film Festival and International Film Festival databases.
CRTO

Hot Stocks

09:27 EDT Criteo acquires retail media technology company Mabaya - Criteo has acquired Mabaya, a retail media technology company that powers sponsored products and retail media monetization for major ecommerce marketplaces globally. The acquisition of Mabaya aims to strengthen Criteo's Commerce Media Platform strategy. In 2020, Criteo Retail Media's growth was 122% year-over- year in the latest quarter.
TU

Hot Stocks

09:25 EDT Telus investing $8M to accelerate deployment of high-speed, 5G networks - TELUS announces a private investment of $8M in the Cote-Nord region in 2021 for the deployment of 5G technology to ten communities, as well as the expansion of its PureFibre network to families and businesses in Havre- Saint Pierre. Since last spring, they can already enjoy great symmetrical download speeds with a direct link to fiber optics, the fastest and most reliable Internet technology in the world. With additional financial support of $ 3 million from the governments of Quebec and Canada, TELUS will continue to deploy its high-speed and wireless networks in 2022 in the communities of Longue-Pointe-de-Mingan, Mingan and Port-Menier, which will help bridge digital divides and stimulate innovation in businesses, local organizations and the health and education sectors.
WRAP

Hot Stocks

09:19 EDT Wrap Technologies announces deployment of WRAP Reality platform, BolaWrap - Wrap Technologies released an interview with the Chief David Lash of the Northern York County Regional Police Department in Pennsylvania. Chief Lash discusses his agency's implementation of their recently purchased WRAP Reality virtual reality training simulator and his agency's recent deployment of the BolaWrap remote restraint device on a non-compliant suspect in the field. The purchase of WRAP Reality and the BolaWrap by NYCRPD marks the first agency to deploy WRAP's de-escalation platform, designed to enable agencies to enhance their training leading to better performance in the field through VR simulation and de-escalation tools like the BolaWrap.
HII

Hot Stocks

09:18 EDT Huntington Ingalls debuts Proteus unmanned surface vessel - Huntington Ingalls Industries announced the debut of the Proteus unmanned surface vessel (USV) for testing and development of autonomy capabilities. The 27-foot Proteus USV was outfitted with Sea Machines Robotics' SM300 autonomy system and completed a successful demonstration on Friday, May 14 off the coast of Panama City, Florida.
DDOG

Hot Stocks

09:17 EDT BigPanda joins Datadog marketplace - BigPanda announced its SaaS platform, which is integrated with Datadog, is now available in the Datadog marketplace, providing access to the in-product integration tile to make BigPanda deployments rapid and intuitive.
VZ

Hot Stocks

09:16 EDT Verizon tests 5G Ultra Wideband to enhance hockey fan experience - Verizon is testing how 5G Ultra Wideband can bring hockey fans in the stands closer to the action on the ice by giving them real-time player stats when they point their 5G phone at the action in the rink. The company has been using 5G and mobile edge compute to power select trials for in-venue, interactive applications with the National Hockey League, such as real-time access to video highlights and player tracking data using augmented reality. As part of Verizon's official 5G partnership with the NHL, Verizon is currently working with arena operators to install Verizon 5G Ultra Wideband in select U.S. NHL arenas to bring the power of 5G to center ice.
HTOO CTXAF

Hot Stocks

09:15 EDT Fusion Fuel, Ampol to jointly develop green hydrogen production plant - Fusion Fuel Green PLC (HTOO) is pleased to announce that it has executed a Heads of Agreement with Ampol Limited (CTXAF) to develop a green hydrogen production plant in Queensland, Australia. The project includes the installation of a demonstrator plant for the production of green hydrogen, using Fusion Fuel's proprietary HEVO-SOLAR technology, at Ampol's Lytton refinery site in Brisbane. It is expected that the plant will be commissioned and operational within the next 12 months, with the HoA also providing a framework for the companies to enter a 50/50 joint venture to pursue other green hydrogen opportunities in the region.
MODV

Hot Stocks

09:14 EDT ModivCare partners with Michigan Department of Community Health, FEMA - ModivCare is providing much-needed transportation services to Michigan residents in Wayne, Oakland, and Macomb counties wishing to receive the COVID-19 vaccine who face transportation insecurity and are unable to access the mass vaccination site. The door-to-door service is being provided by one of ModivCare's local transportation partners, M RUN LLC, based out of Warren, MI and serving the metro Detroit area. ModivCare began offering rides the same day Ford Field opened its doors as the state's first federally operated mass vaccination clinic on March 23.
AA

Hot Stocks

09:14 EDT Alcoa exploring technology to reduce carbon emissions in alumina refining - Alcoa announced a development project with the potential to significantly reduce carbon emissions in the alumina refining process, which would further enhance the Company's strong sustainability performance across the aluminum value chain. The Australian Renewable Energy Agency, ARENA, has granted to Alcoa of Australia $8.8M to test the potential use of renewable energy in a process known as Mechanical Vapor Recompression . Alcoa of Australia is currently conducting technical and commercial studies to adapt MVR technology to refining. Electricity sourced from renewable energy would power compressors to turn waste vapor into steam, which would then be used to provide refinery process heat.
RL

Hot Stocks

09:13 EDT Ralph Lauren 'optimistic' on more favorable operating environment ahead
HY

Hot Stocks

09:13 EDT Hyster announces Hyster Reaction solution - Hyster Company announces a package of technologies designed to reinforce proper lift truck operation by automatically adjusting truck performance based on real-time equipment status, location and operating conditions. The Hyster Reaction solution uses breakthrough technology resulting from an investment of over 29,000 hours of research and development time in cooperation with one of the world's largest logistics and technology companies.
UNIT

Hot Stocks

09:12 EDT Uniti Group CFO Mark Wallace to take leave of absence - Uniti Group announced that its CFO Mark Wallace, is taking a leave of absence due to health reasons, effective immediately. The Company's Board of Directors has appointed Paul Bullington as interim CFO and Principal Financial Officer. Mr. Bullington currently serves as Senior Vice President of Strategic Operations at Uniti Fiber.
SLB AMZN

Hot Stocks

09:12 EDT Schlumberger announces collaboration with Amazon Web Services - Schlumberger (SLB) announced a collaboration with Amazon (AMZN) Web Services, or AWS, to deploy domain centric digital solutions, enabled by the Delfi cognitive E&P environment, on the cloud with AWS. This collaboration will bring AWS customers to the Delfi Petrotechnical Suite, which provides access to AI-enhanced applications from Schlumberger and computing from AWS's infrastructure.
SRNE

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09:11 EDT ANVISA authorizes Sorrento Phase 2 trial of COVI-MSC in COVID-19 patients - Sorrento Therapeutics announced receipt of clearance from the Brazilian regulatory agency to proceed with a Phase 2 Pivotal clinical trial of COVI-MSC, an injectable infusion of mesenchymal stem cells, for the treatment of hospitalized COVID-19 patients suffering from ARDS. The Brazil study is a Phase 2 Pivotal, multi-center, randomized, controlled study to evaluate the safety and efficacy of three infusions of COVI-MSC, administered every other day, to hospitalized patients experiencing moderate or severe COVID-19 with ARDS. The study is expected to enroll 100 patients in three months from the date of first enrollment. Sorrento expects this projected pace of enrollment due to the extensive COVID-19 disease burden in Brazil, Sorrento's partnership with a leading local clinical research organization, and existing relationships with high quality medical centers throughout the country. The current partnership with Synova Health leverages high quality clinical trial sites in addition to a dozen centers already enrolling COVID-19 patients for another Sorrento Phase 2 clinical trial. Additional studies are also being discussed for early clearance in parallel or immediately following this study. Priority access to multiple trials is being given to Brazilian patients following the rapid and openly collaborative interactions Sorrento has been able to establish with ANVISA regulators.
RL

Hot Stocks

09:10 EDT Ralph Lauren sees Club Monaco sale closing in Q1 - Comments taken from Q4 earnings conference call.
ESE

Hot Stocks

09:10 EDT Esco Technologies to acquire Altanova Group, terms not disclosed - ESCO Technologies announced that it has entered into an agreement to acquire I.S.A Altanova Group S.R.L. Altanova offers a wide range of diagnostic products, monitoring systems, and services for electrical assets related to power generation, transmission and distribution networks, renewable energy and storage, and process industries, worldwide. The transaction is subject to Italian regulatory approval and is expected to close in the next 45 days. Altanova has its roots in three strong, long-experienced companies: ISA, TECHIMP and IntelliSAW which collectively provide synergies to the benefit of its customers in terms of giving access to new solutions and emerging technologies. The group leverages a worldwide geographical presence through its brands, thanks to a number of offices and subsidiaries around the world. Headquartered in Taino, Italy, Altanova provides products and services in more than 100 countries, and its strong market share in Europe and Asia creates a significant international platform for ESCO's Utility Solutions Group and fills important product gaps and geographies currently not served by USG's existing products and solutions. This acquisition positions ESCO to capture additional growth on a global scale as power infrastructure around the world continues to be developed and upgraded. Altanova, which will become part of the USG operating segment, had 2020 calendar year sales of approximately $30M with operating margins slightly above the USG segment in total. Mr. Gino Amadi, founder and a shareholder of Altanova, currently serves as Chief Executive Officer of Altanova and has agreed to remain with the company subsequent to closing.
NTRA

Hot Stocks

09:09 EDT Natera's Signatera DNA test shows 95% pre-surgical detection in Japan trial - Natera announced initial results from the CIRCULATE-Japan trial, the largest prospective molecular residual disease-guided study to date. The prospective, observational GALAXY study uses Natera's personalized and tumor-informed circulating tumor DNA test, Signatera, to monitor MRD status in patients with stage II-IV or relapsed colorectal cancer who are amenable to radical surgical resection. The data to be presented at the 2021 American Society of Clinical Oncology (Annual Meeting June 4-8 focuses on an initial analysis of 400 patients: pre-surgical ctDNA detection rates of 95% in stage II-III disease and greater than 90% overall; longitudinal relapse sensitivity of 92%, which has improved to greater than 93% in the most recent analysis. Updated results will be presented at future conferences in mid-2021. Exceptionally low tissue failure rate of 2.1% and plasma failure rate of 0.4%. Of the 4,425 genes selected for analysis across these 400 patients, only 3% were common to four or more patients, reinforcing the value of an MRD test that is personalized to each patient's unique genetic signature.
CI OSCR

Hot Stocks

09:09 EDT Cigna, Oscar Health expand small business health plans in Arizona - Cigna (CI) and Oscar Health (OSCR) announced that Cigna Administered by Oscar small group health insurance will be available to Arizona employers across Apache, Cochise, Coconino, Gila, Graham, Greenlee, La Paz, Maricopa, Mohave, Navajo, Pima, Pinal, Santa Cruz, Yavapai, and Yuma counties starting July 1, 2021."This pandemic has forced small business owners in Arizona to make many sacrifices, especially when it comes to their health care choices," said Bruce Grimm, Cigna's senior vice president of segments. "As more workplaces reopen, maintaining a safe workplace is vital to helping employees have peace of mind. Through our partnership with Oscar, we are providing more choices for affordable, predictable and simple health coverage to small businesses at a time when they need it most." Small businesses throughout Arizona continue to struggle from the impact brought on by the COVID-19 pandemic. According to the Census Bureau's Small Business Pulse Survey, 30.2 percent of small businesses in Arizona reported a decline in revenue during the first week of October 2020. A survey conducted by Cigna Administered by Oscar found that 88 percent of small businesses plan to better prioritize their employees' health moving forward, and 66 percent say that health insurance is more important to calculate in their budgets than before the outbreak of COVID-19.
HPQ

Hot Stocks

09:08 EDT HP Inc. aims to achieve 50/50 gender equality in leadership by 2030 - HP Inc. announced a series of ambitious goals to drive a more diverse, equitable and inclusive technology industry, including a pledge to achieve gender parity in leadership by 2030. HP's new commitments will contribute to the United Nations Sustainable Development Goals and are consistent with the U.N. Guiding Principles on Business and Human Rights. Since its founding, HP has embraced the power of diversity to fuel innovation and has recognized progress starts from the top. That's why HP intentionally created one of the most diverse board of directors in the technology industry. It also remains one of the top technology companies with women in executive positions. More than 30 percent of HP's leaders are women, nearly doubling the industry's benchmark of 16 percent of women in senior positions. Given that COVID-19 has disproportionately impacted many women, with one in four considering to leave the workplace or downshifting their careers according to a recent Lean In and McKinsey study, HP is making a concerted effort to support women's career advancement. The company aims to achieve 50/50 gender equality in HP leadership by 2030. HP also commits to achieving greater than 30 percent technical women and women in engineering roles by 2030.In addition to championing gender equality, HP has a rich history in advancing racial equality and social justice. As a founding member of the Historically Black Colleges and Universities Business Deans Roundtable, HP has a long-lasting relationship with HBCUs and hosts an annual business challenge to help Black students kickstart a career in technology. HP's Supplier Diversity Program in the U.S. had an overall economic impact of approximately US$1 billion last year. Earlier this year, HP publicly launched its Racial Equality and Social Justice Task Force with a comprehensive set of goals that will accelerate the strategies, practices and policies around pipeline, retention and promotion for Black and African American talent; leverage its industry spending power to influence its ecosystem, including HP's partners, vendors and suppliers; and advocate for Black and African Americans through public policy, civic action and clear corporate positions on local and national issues. HP is also a founding member of OneTen, a coalition of businesses who are coming together to upskill, hire and advance one million Black individuals in America over the next 10 years into family-sustaining jobs. As part of today's announcement, HP aims to have its racial/ethnic representation meet or exceed market availability in the U.S. by 2030.
NUVCF

Hot Stocks

09:06 EDT Nuvei granted approval to process sports betting payments in Michigan - Nuvei Corporation announced that its wholly owned subsidiary has been granted approval by the Michigan Gaming Control Board to provide its services to licensed and regulated online sports betting and iGaming operators within the state. Nuvei is currently permitted to provide its services to licensed and regulated online sports betting operators in 10 states.
MGI

Hot Stocks

09:06 EDT MoneyGram: MGO recorded 95% y/y cross-border transaction growth in April - MoneyGram announced MoneyGram Online recorded 95% year-over-year cross-border transaction growth which drove 111% revenue growth in April. MGO delivered an all-time high for transactions in the month, marking strong sequential growth that continues to be supported by strong consumer demand for the MoneyGram mobile app with its real-time transfer capabilities and high customer retention rates. "Coming off a strong first quarter, we delivered impressive sequential growth in April, and our digital business continues to reach new heights with record customers and strong growth rates in monthly active users," said Alex Holmes, MoneyGram Chairman and CEO. "With our current growth trajectory, we expect the digital business to cross 50% of all money transfer transactions in 2024, which marks an incredibly rapid transformation of our company." MoneyGram also reported that 86% of all transactions were initiated on a mobile device in the first quarter, as consumer demand for the MoneyGram app has continued to soar. The growth rate of monthly active users is accelerating and outpacing the competition, and the average customer lifetime value for users on the app remains about 3-times as high as the average retail walk-in customer.
IBM PBI

Hot Stocks

09:06 EDT IBM selected by Pitney Bowes for global hybrid cloud transformation - IBM (IBM) and Pitney Bowes (PBI) signed an agreement under which IBM will deliver IT automation, machine learning and managed infrastructure services designed to help Pitney Bowes embrace hybrid cloud computing to support its global business plan and goals. IBM is delivering IT automation, machine learning and managed infrastructure services to help Pitney Bowes transform and embrace hybrid cloud computing. Under the agreement, IBM will manage core infrastructure domains including servers, storage systems, end-user computing, and networking for Pitney Bowes, while helping to keep critical business systems running efficiently. IBM and Pitney Bowes signed their global hybrid cloud infrastructure transformation agreement in Q1.
LPLA

Hot Stocks

09:04 EDT LPL Financial selected as custodian for Talisman Wealth Advisors - LPL Financial announced that financial advisors Jennifer Kirby and Frank Granizo launched their new RIA, Talisman Wealth Advisors, and selected LPL Financial as their custodian. The principals of Talisman most recently operated as The Granizo Kirby Group at Merrill Lynch and reported having served approximately $150 million in advisory assets.
F

Hot Stocks

09:04 EDT Ford, SK Innovation announce MoU to create BlueOvalSK battery cell JV - Ford and SK Innovation announced they have signed an MoU to create a joint venture BlueOvalSK to produce approximately 60 GWh annually in traction battery cells and array modules, starting mid-decade, with potential to expand. The creation of the JV is subject to definitive agreements, regulatory approvals and other conditions. Next-gen cells and arrays will be used to power several future Ford battery electric vehicles. Ford's global BEV plan calls for at least 240 gigawatt hours, or GWh, of battery cell capacity by 2030 - roughly 10 plants' worth of capacity. Approximately 140 GWh will be required in North America, with the balance dedicated to other key regions, including Europe and China.
NXST

Hot Stocks

09:04 EDT Nexstar and CW Television Network renew affiliation agreements - The CW Television Network and Nexstar Media Group, and its operating partners announced that they have reached multi-year agreements to renew CW network affiliations in 37 markets across the country . The agreements include five top-10 market affiliates: WPIX-TV in New York City, KTLA-TV in Los Angeles, KDAF-TV in Dallas, KIAH-TV in Houston, and WDCW-TV in Washington, D.C. Taken together, the 37 markets cover more than 31% of the U.S. audience, serving more than 38 million television households. "As the nation's largest CW affiliate group, Nexstar is very pleased to extend its longstanding relationship with the network," said Tom Carter, Nexstar's President, Chief Operating Officer and Chief Financial Officer. "The CW's line-up of prime-time entertainment shows, coupled with Nexstar's highly-rated local news and other market-centric programming enables us to deliver great content to millions of viewers and exceptional value to our advertisers."
CVS

Hot Stocks

09:04 EDT CVS Health announces new Clinical Trial Services business - CVS Health announced its new Clinical Trial Services business that brings together innovation and experience to help solve challenges, driving greater access to clinical trials across the communities it serves and creating a more efficient, convenient experience to improve participant retention and research effectiveness. CVS Health Clinical Trial Services is working with key stakeholders in the biopharmaceutical industry and across the clinical trial ecosystem to design and deliver innovative approaches to research and real-world evidence generation. The new business will initially focus on scaling three core capabilities: Precision patient recruitment: Leveraging analytics, national reach, and local community connections to engage individuals by helping them learn about clinical trial opportunities that may be appropriate for them. Clinical trial delivery: Innovative, decentralized options for the delivery of Phase III/IV clinical trials and real-world evidence studies at CVS locations, at home or virtually. Real-world evidence generation and studies: Retrospective and prospective studies that measure the impact of novel devices and therapeutics in real-world settings.
CETX

Hot Stocks

09:04 EDT Cemtrex announces $1.1M order in Advanced Technologies Segment - Cemtrex has received a $1.1M order to install a new security technology system through its Advanced Technology Segment for a large corrections facility in the United Kingdom.
ONTX

Hot Stocks

09:03 EDT Onconova announces one-for-fifteen reverse stock split - Onconova Therapeutics announced a one-for-fifteen reverse stock split of its common stock, effective May 20, 2021. Beginning at the open of trading on May 21, 2021, Onconova's common stock will trade on the Nasdaq Capital Market on a split-adjusted basis. At Onconova's 2021 reconvened annual meeting of stockholders on April 30, 2021, Onconova stockholders authorized the Company's Board of Directors to amend the Tenth Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split at a ratio in the range of one-for-five to one-for-fifteen. Onconova's Board of Directors subsequently approved a reverse stock split ratio of one-for-fifteen, and the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation to effect the reverse stock split, which became effective upon the filing of the Certificate of Amendment with the Secretary of State of the State of Delaware on May 20, 2021. Upon effectiveness of the reverse stock split, each fifteen shares of Onconova's common stock, par value of $0.01 per share, issued and outstanding immediately prior to the effective time automatically were reclassified, combined, converted and changed into one fully paid and non-assessable share of common stock, par value of $0.01 per share. In addition, a proportionate adjustment will be made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding options, warrants, and convertible preferred stock entitling the holders to purchase shares of our common stock. In particular, at the effective time of the reverse stock split, the Company adjusted its outstanding tradable warrants currently trading on the Nasdaq Capital Market under the symbol "ONTXW" in accordance with the terms of such tradable warrants to reflect the reverse stock split. As a result of these adjustments), each tradable warrant now entitles its holder to purchase one- two hundred and twenty-fifth of a share of Onconova's common stock at an exercise price of $1,107.00 per share of common stock. No fractional shares will be issued as a result of the reverse stock split. Instead, Onconova's stockholders who otherwise would have been entitled to a fraction of a share, will receive a full share of common stock. If a holder of the tradable warrant would be entitled to receive a fraction of a share upon the exercise of the warrant, such fractional share will be rounded down to the nearest whole share. Fractional shares resulting from exercise of other common stock warrants and conversion of outstanding convertible preferred stock will be rounded in accordance with the terms of such securities. The reverse stock split will decrease the number of common shares issued and outstanding from approximately 236.714 million shares to approximately 15.781 million shares.
EBET

Hot Stocks

09:02 EDT Esports Technologies signs patent license agreement with Colossus Bets - Esports Technologies announced an exclusive alliance with Colossus Bets, a global sports jackpot operator and provider. The agreement grants Esports Technologies an exclusive license for the majority of Colossus' cash-out patent portfolio for esports applications.
PREKF

Hot Stocks

09:01 EDT PrairieSky Royalty receives TSX approval for renewed Normal Course Issuer Bid - PrairieSky Royalty is pleased to announce that the Toronto Stock Exchange has accepted the notice of PrairieSky's intention to commence a normal course issuer bid. PrairieSky previously purchased an aggregate of 9,934,091 common shares at a weighted average price per share of $9.58 under a normal course issuer bid that ran between May 19, 2020 and May 18, 2021. On April 19, 2021, PrairieSky announced its intention to seek TSX approval to renew its NCIB for an additional one-year period. The NCIB allows the Company to purchase up to 15,135,000 common shares which represents 6.8% of the common shares outstanding of 222,442,900 as of May 12, 2021, and 10% of the public float of 151,354,864 common shares which is defined as the common shares outstanding after excluding common shares beneficially owned by directors and executive officers of PrairieSky and persons who beneficially own or exercise control or direction over more than 10% of the issued and outstanding common shares of PrairieSky. The NCIB will commence on May 25, 2021 and will expire no later than May 24, 2022. PrairieSky has entered into an automatic purchase plan with its broker, Stifel Nicolaus Canada Inc., in order to facilitate purchases of its common shares. The automatic purchase plan allows for purchases by the Company of its common shares at any time, including, without limitation, when the Company would ordinarily not be permitted to make purchases due to regulatory restriction or self-imposed blackout periods. Purchases will be made by PrairieSky's broker based upon the parameters prescribed by the TSX and the terms of the parties' written agreement. PrairieSky currently intends to purchase up to a maximum of 15,135,000 common shares to effect NCIB purchases over the next 12 months. However, the Company's board of directors may consider, from time to time, applying to the TSX to increase the amount of NCIB purchases. Decisions regarding increases to the NCIB will be based on market conditions, share price, best use of available cash, and other factors including other options to expand our portfolio of royalty assets.
OMER

Hot Stocks

08:59 EDT Omeros says FDA needs more time to review BLA for narsoplimab - Omeros reported that the U.S. Food and Drug Administration will require additional time to review the Biologics License Application for narsoplimab for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy. The new Prescription Drug User Fee Act, PDUFA, target action date is October 17. As part of the ongoing BLA Priority Review, Omeros recently submitted a response to an FDA information request. FDA has classified the response as a major amendment, which requires additional time to review. "We're pleased with our ongoing interactions with FDA on the narsoplimab BLA," said Gregory A. Demopulos, M.D., chairman and chief executive officer of Omeros. "Omeros views the information provided in response to FDA's information request as further supporting the application, and we look forward to making narsoplimab available to HSCT-TMA patients and their physicians as soon as possible." The first drug submitted to FDA for approval in HSCT-TMA, narsoplimab has Breakthrough Therapy and Orphan designations in both HSCT-TMA and IgA nephropathy. The BLA for narsoplimab in HSCT-TMA was accepted for filing in January 2021 under FDA's Priority Review program.
AMTB

Hot Stocks

08:57 EDT Amerant Mortgage acquires First Mortgage Company, terms not disclosed - Amerant Mortgage, a joint venture between Amerant Bank and a team of highly specialized professionals in the residential mortgage arena, announced that it had acquired Boise, Idaho-based First Mortgage Company. With the acquisition, First Mortgage was re-branded as Amerant Mortgage and will retain all its existing employees. The office will be Amerant's first outside of Florida. Founded in 1987, First Mortgage processes, underwrites, closes, and funds mortgage loans, and has earned a reputation over the decades for their capabilities in meeting the diverse financial needs of their clients.
HYLN

Hot Stocks

08:56 EDT Hyliion Holdings partners with frac sand solutions provider Detmar Logistics - Hyliion Holdings announced that it has partnered with leading frac sand solutions provider Detmar Logistics. Their first collaboration with a company serving the oil and gas industry, Hyliion will work closely with Detmar as they initiate the electrification of their fleet over the next five years. "We're thrilled to be building a lasting relationship with a business that shares our vision of a net-carbon-negative commercial transportation industry," said Hyliion's Founder and CEO Thomas Healy. "Detmar is paving the way with their commitment to adopting alternative fuels, and we look forward to continuing to offer the practical solutions they need to help realize their goal of becoming a fully electrified fleet." An early adopter of electrification in the oil and gas industry, Detmar owns and operates 127 trucks and hauls over 200 loads of fracking sand per day. The logistics company has placed their initial order of 10 Hyliion Hybrid Electric units, marking the first step on its path to powering 100% of its fleet by low emission solutions. "Oil and gas will continue to be an important part of the world's energy future, and it's imperative that we align with climate efforts to make our operations sustainable for generations to come. Hyliion's approach to electrification by making improvements to our existing semi-trucks makes the most sense for us.
ECL

Hot Stocks

08:55 EDT Ecolab launches Cockroach Multi-Station device for foodservice operations - Ecolab has launched the Cockroach Multi-Station, an innovative, discreet and durable device designed to detect the arrival of cockroaches early and provide ongoing defense to help foodservice providers ensure clean and safe operations.
LEAF

Hot Stocks

08:54 EDT The Other Art Fair Dallas announces 2021 in-person fair plans - The Other Art Fair is set to host its next Dallas edition this October 21-24, in-person at the Dallas Market Hall. Following the success of its inaugural Dallas edition in 2019, The Other Art Fair will host over 100 independent artists along with experiential features by Dallas-based artists and creatives/ The Other Art Fair Dallas will also introduce New Futures, an initiative developed to champion the works of up-and-coming and underrepresented artists from the art fair's local community. The New Futures winners will represent the next generation of Dallas-based emerging artists showing great promise at the beginning of their careers and will present their work at the in-person fair this Fall. Applications are currently open for Dallas-based artists. Ahead of the in-person event later this Fall, The Other Art Fair will introduce its Dallas Virtual Edition of the fair May 25-30. This virtual reality fair program is an interactive shopping experience for art buyers looking to discover new emerging artists and access a robust collection of Texas-based artists, along with compelling content from Dallas-based creatives and arts organizations.
TRKA

Hot Stocks

08:53 EDT Troika Media, Stampede Ventures support Dole's partnership with Datuna - Troika Media Group announced that in collaboration with Stampede Ventures, an LA-based content creation company, the Company's New York-based Mission group was engaged to launch a new non-fungible token series based on a partnership between the Dole Sunshine Company and the "Hungry Artist" David Datuna. The five-piece series includes four fruit-inspired NFTs and a final fifth piece, Sunshine for All.
MNRO

Hot Stocks

08:53 EDT Monro sees Q1 comparable store sales growth of double digits - Says generated record cash flow in FY21. Says still expects $15M-$20M cost savings in FY22. Says comparable store sales increase of 9.4% was driven by strong demand recovery. Says COVID-19 situation is still fluid. Says has ample reasons to be optimistic. Says on track to achieve double-digit comparable store sales growth in Q1. Says expects comparable store sales to moderate in June. Says Q1 gross margin performance will reflect the negative sales impact of a higher sales mix of tires. Sees FY22 capital expenditures $40M-$55M. Comments and guidance taken from Q4 earnings conference call.
CVU LMT

Hot Stocks

08:51 EDT CPI Aerostructures signs $17.2M long-term agreement with Sikorsky - CPI Aerostructures (CVU) announced that it has entered into a new Long-Term Agreement with Sikorsky Aircraft, a Lockheed Martin Company (LMT), to overhaul and repair outboard stabilator assemblies in support of the Sikorsky MH-60 SEAHAWK Performance-Based Logistics Program. The Company estimates this new LTA is valued at $17.2 million over a term that ends in 2027 and includes a single option for an additional two years.
GPK IP

Hot Stocks

08:51 EDT Graphic Packaging redeeming remaining International Paper stake for stock - In a regulatory filing, Graphic Packaging (GPK) disclosed that on May 19 the company and International Paper (IP) entered into a consent and waiver agreement pursuant to which International Paper will sell and transfer the remainder of its membership interests in the company, consisting of 22,773,072 common units, to GPI Holding I, an indirect wholly-owned subsidiary of GPK, for an equivalent number of shares of GPK common stock. "International Paper will dispose of the shares acquired in the exchange immediately upon receipt in one or more transactions exempt from the registration requirements of the Securities Act of 1933, as amended," the filing stated. The exchange is expected to close on May 21. After giving effect to the exchange, International Paper will own no membership interests in the company, Graphic Packaging noted in the filing.
POAI

Hot Stocks

08:50 EDT Predictive Oncology's TumorGenesis partners with Cellevate - Predictive Oncology announced that its wholly owned subsidiary, TumorGenesis, has partnered a deal with the Swedish firm Cellevate AB. The companies are combining TumorGenesis' medias with Cellevate's high engineered matrix materials. This partnering opens new territories for both companies.
MSLP

Hot Stocks

08:48 EDT MusclePharm enters distribution partnership with Odom Corporation, NW Beverages - MusclePharm Corporation announced a multi-State distribution partnership to include Washington, Oregon, Idaho & Alaska with The Odom Corporation, NW Beverages and Craig Stein Beverage. The Odom Corporation, NW Beverages & Craig Stein Beverage will begin selling MusclePharm products starting this Summer in Washington, Oregon, Idaho and Alaska; initially launching three SKU's under the MusclePharm name: Combat/Grapefruit Lime, Shred/Green Apple, Wreckage/Fruit Punch. FitMiss product launch slated for Q4 of 2021.
WETF

Hot Stocks

08:47 EDT WisdomTree announces launch of Efficient Core family of ETFs - WisdomTree announced the launch of the Efficient Core family of ETFs, which includes the International Efficient Core Fund and the Emerging Markets Efficient Core Fund on the NYSE with expense ratios of .26% and .32% respectively. In addition, effective today, the WisdomTree 90/60 U.S. Balanced Fund is renamed as the WisdomTree U.S. Efficient Core Fund. The WisdomTree Efficient Core suite seeks to leverage the benefits of overlays providing fixed income exposure in seeking to provide capital efficiency of U.S., international, and emerging equity markets.
VZ

Hot Stocks

08:46 EDT Verizon Business appoints TJ Fox as SVP, IIoT and automotive - TJ Fox has been appointed Senior Vice President of Industrial IoT and Automotive for Verizon Business. The newly created role is dedicated to fueling the company's expansion in the connected vehicle, device, and industrial equipment markets, which are poised for continued growth. Fox is responsible for leading business development, commercial modeling, and cross-functional efforts for Verizon's IoT and connected auto activities across multiple industries and business sectors .Fox previously served as SVP and President of Verizon Business Markets.
MARA FSLR

Hot Stocks

08:45 EDT Marathon Digital appoints Georges Atoun, Jay Leupp to board of directors - Marathon Digital Holdings has appointed Georges Antoun and Jay Leupp to its board of directors, effective immediately, as Peter Benz transitions to become the company's vice president of corporate development and Michael Berg steps down from his position of director to pursue other projects. As a result, Marathon's board of directors now consists of five directors, including three independent directors and two inside directors. Antoun currently serves as the president of First Solar where he was chief operating officer before being appointed to president, U.S. in July 2015. Jay Leupp is the managing partner of Terra Firma Asset Management. Benz has served on Marathon's board of directors since November 2020 and is transitioning from a member of the board of directs to an executive officer. In his new position as vice president of corporate development, Mr. Benz will be responsible for providing strategic direction and acting as a thought leader whose primary responsibilities include developing and executing innovative strategies to fortify and expand Marathon Digital Holdings' leadership position in the bitcoin mining industry.
CSWI

Hot Stocks

08:43 EDT CSW Industrials sees 2022 tax rate 25% - The company said, "As disclosed in our Annual Report on Form 10-K, we expect our amortization of intangible assets to be approximately $19.3 million in fiscal year 2022; the majority of this is related to the TRUaire acquisition. We expect our share-based compensation expense to be approximately $8.5 million in fiscal year 2022. We expect the amortization created by the TRUaire inventory fair value step-up to be completed as early as the fiscal second quarter of 2022, assuming an approximate rate of $1.0 million per month, as acquired TRUaire inventory is sold. The Company's effective tax rate for fiscal 2022 is expected to be approximately 25%."
CPSH

Hot Stocks

08:40 EDT CPS Technologies receives additional HybridTech Armor Panels order - CPS Technologies announced the receipt of an additional purchase order for HybridTech Armor Panels to be installed as part of an integrated ballistic protection system on U.S. Navy Nimitz-class aircraft carriers from Kinetic Protection, the Navy's prime contractor. The HybridTech Armor panels are an essential component that protects sailors manning crew-served weapons stations aboard the Naval fleet. The value of this second purchase order for four additional ship sets is $5.8M.
MAXN

Hot Stocks

08:40 EDT Maxeon Solar to supply solar panels to Primergy Solar's Gemini project - Maxeon Solar has executed an agreement to supply approximately 1 GW of its high efficiency bifacial Performance 5 UPP solar panels for the construction of the Gemini solar plus storage power plant project located near Las Vegas, Nevada. The project is being built and will be owned and operated by Primergy Solar. The agreement calls for modules to be supplied over a four-quarter period starting in 2Q22; project completion is planned by the end of 2023. Gemini is planned to feature nearly 1.8 million shingled bifacial Performance 5 UPP solar modules. It is anticipated that this project will take a significant portion of the expected output of Maxeon's new capacity during the first year of operation.
GSV

Hot Stocks

08:39 EDT Gold Standard Ventures announces 2021 exploration, development program - Gold Standard Ventures announced plans for the 2021 exploration and development program on its vast land package in Nevada's Carlin Trend. The program includes approximately 7,880 meters of reverse-circulation and core drilling over 46 holes. Drilling is anticipated to start in May 2021. Exploration Focus Areas: Pinion SB Zone: 7 RC drill holes to further develop oxide mineralization at the SB Zone target. Previously released intercepts at SB Zone include: PR20-26, PR20-30, PC20-22, and historical hole PIN14-38; the deposit remain open to the south and east in this target zone. Dark Star: 30 RC and core drill holes to define the limits of near-surface oxide mineralization at Dark Star Main, convert Inferred resources within the mine plan boundary to Measured or Indicated resources, and complete metallurgical core holes for test work in support of future mining and processing. LT: 5 RC drill holes will continue to test for gold mineralization along the LT Fault, to the north of LT20-01 and LT20-08 and structural and stratigraphic targets centered around surface channel sampling conducted in 2020. Three-meter surface channel sampling highlighted 57m of 0.61 g Au/t centered around LT20-01 and the LT-Tesla Fault intersection. Additionally, surface sampling to the south identified 18m of 4.84 g Au/t along the Lotus-LT Fault intersection. Sampling, mapping, and drilling has identified a zone approximately 200 meters long associated with the LT Fault and structural intersections with the northeast striking Tesla and Lotus faults. The mineralization remains open to the north, south, west, and at depth. Other Exploration & Development Work: Pinion: 4 RC drill holes to advance metallurgical and hydrology test work and support mine start-up. South Dome: Exploration will focus on compiling results from the soil survey and geologic mapping completed in 2020. Work to date has identified a domal feature within Pinion stratigraphy that has elevated gold, silver, arsenic and mercury in soils. The goal is to advance the project to a drill decision by the end of year.
UEC

Hot Stocks

08:37 EDT Uranium Energy increases physical and equity uranium holdings - Uranium Energy reported recent increases in its physical and equity uranium holdings. The company has acquired an additional 200,000 pounds of U.S. warehoused uranium. UEC's physical uranium initiative is fully funded with cash on hand and now includes 2.305 million pounds of U.S. warehoused uranium at a volume weighted average price of ~$30 per pound with various delivery dates out to June 2023. The company has also acquired an additional 1M common shares of Uranium Royalty in order to maintain its existing strategic ownership position in URC. The company completed the subscription under a recent bought deal financing which was completed by URC comprised of 6,100,000 common shares at a price of C$4.10 per share for gross proceeds of C$25.0M. Following this closing, UEC now owns 15 million shares of URC at an average cost base of C$1.09 per share. Following the closing of the latest physical and equity acquisitions by UEC, the Company now has over $115M in cash, equity and inventory holdings.
RAIN

Hot Stocks

08:37 EDT Rain Therapeutics appoints Robert Doebele as president - Rain Therapeutics announced the appointment of Rain co-founder Robert Doebele, M.D., Ph.D. as president and chief scientific officer. As president, Dr. Doebele will play a critical role in shaping the company's corporate strategy and operations and will continue to provide his precision oncology expertise to advance Rain's clinical pipeline and lead the company's research and development efforts as CSO. Dr. Doebele co-founded Rain Therapeutics with Mr. Vellanki in April 2017 and has served as executive vice president and CSO.
ALL

Hot Stocks

08:37 EDT Allstate announces estimated catastrophe losses of $544M for April - The Allstate Corporation announced estimated catastrophe losses for the month of April of $544M, $430M after-tax. Catastrophe losses in April comprised five events at an estimated cost of $490M plus unfavorable prior period reserve estimates. One large hail event, primarily impacting Texas and Oklahoma, accounted for approximately 60% of April estimated catastrophe losses.
MS

Hot Stocks

08:35 EDT Morgan Stanley appoints Jonathan Pruzan as COO, Sharon Yeshaya as CFO - Morgan Stanley announced that Ted Pick and Andy Saperstein have been named co-presidents of Morgan Stanley. Both executives are long-serving employees in management positions and both head businesses with. Pick leads Morgan Stanley's institutional securities business and will now also be responsible for Morgan Stanley's international operations and become the co-head of firm strategy and execution. Saperstein leads Morgan Stanley's wealth management business and will now be responsible for all wealth management channels, including Financial Advisors, E-Trade and Morgan Stanley at Work. He will also assume responsibility for firmwide marketing globally. Dan Simkowitz, the head of investment management, will in addition be co-head of firm strategy and execution with Pick and will continue to report to James Gorman, Morgan Stanley's chairman and CEO. Jonathan Pruzan, currently Morgan Stanley's CFO, will become COO, with responsibility for technology, operations and firm resilience; Morgan Stanley's U.S. Banks, and corporate services. Sharon Yeshaya, currently the head of investor relations, will replace Pruzan as CFO, reporting to both Pruzan and Gorman. All of these appointments become effective on June 1.
QNTA

Hot Stocks

08:34 EDT Quanta's Medolife Rx completes initial meeting with CONABIOS - Medolife Rx announced that it completed its initial meetings with CONABIOS, the medical ethics committee that oversees all clinical trial programs in the Dominican Republic. The meeting outlined the next steps in its clinical program on Escozine as a treatment for the SARS-CoV-2 virus and the Company is seeking approval to commence clinical trials. The Company has completed significant preclinical safety and efficacy trials in the DR, which included more than 500 participants. The results of those studies demonstrated the efficacious nature of Escozine(R)in fighting viral infections, specifically in COVID-19 patients, where data showed a reduction in severity and duration of symptoms as well as a decrease in the length of positive tests. Additionally, throughout the preclinical trials, no patients experienced adverse effects to the drug candidate at any dosing level, establishing that the drug is safe and non-toxic. This data was submitted to the Ministry of Health, which led to not only the re-registration of Escozine as a natural alternative medicine in cancer treatment, but enabled the Company to seek medical ethics committee approval to begin Phase II human trials on Escozine as a COVID-19 therapeutic. Upon approval from the committee, Medolife will conduct a controlled, double-blind placebo trial on humans to validate the efficacy of Escozine as a viable treatment. This is in line with traditional regulatory approval practices, such as those in the United States, and the trial should take only a short time once approved. Medolife is conducting clinical trials on Escozine as a treatment for COVID-19 in both the United States and the DR. The Company has completed an Investigational New Drug filing on Escozine(R) through the US Food and Drug Administration and is awaiting a response after submission of its final data set. Escozine recently received renewed product registration in the DR, enabling it to be sold as a natural alternative medicine for the treatment of cancer throughout Latin America.
ANIX

Hot Stocks

08:34 EDT Anixa Biosciences requested additional data for CAR-T IND application by FDA - Anixa Biosciences announced that the FDA has provided details of the additional information it is requesting regarding its Chimeric Antigen Receptor-T cell therapy - CAR-T - being developed in partnership with Moffitt Cancer Center. The Investigational New Drug application for this study was submitted in March, and the FDA subsequently requested additional information before approving the trial. Anixa and Moffitt believe that the requested information can be assembled and provided to the FDA within approximately 30 days, after which the FDA will again respond within 30 days after the submission. The therapeutic product is comprised of engineered T-cells that target the follicle stimulating hormone receptor.
ORN

Hot Stocks

08:34 EDT Orion Group announces contract awards of approximately $17M - Orion Group Holdings announced three contract awards for its Concrete segment in each of its key markets, totaling approximately $17M. The Company was awarded a contract from Hensel Phelps to provide concrete services for the new Royal Caribbean Cruise Terminal in the Port of Galveston, Texas. The $5.5M project calls for paving and tilt-wall construction for the facility with work expected to start during the second quarter with completion expected later this year. The Company was also awarded a $6.5M project in San Antonio, Texas, that requires the construction of four tilt-wall buildings and associated paving. This work will begin in the third quarter and be completed by the fourth quarter of this year. In addition, the Company was awarded a $5.1M contract to construct multiple tilt-wall buildings and perform site paving for a new business park northwest of the Dallas-Fort Worth area. The work under this contract will begin in the third quarter and be completed by the second quarter of 2022. "These project awards are a direct result of the quality and professionalism our team provides our customers," said Mark Stauffer, Orion's President and Chief Executive Officer. "We are also extremely excited for Hensel Phelps providing our team the opportunity to be involved in the new Royal Caribbean Cruise Terminal, as this work represents a great example of cross-selling opportunities between segments for our services."
XAIR

Hot Stocks

08:33 EDT Beyond Air appoints Rebecca Van Doren as head of sales - Beyond Air announced the appointments of Rebecca Van Doren as Head of Sales and Kori-Ann Taylor as Head of Marketing. Van Doren brings over 20 years of healthcare leadership and sales experience to Beyond Air, dedicating the majority of her career to envisioning and invigorating winning commercial strategies for nitric oxide, both in the US and Australia with Ikaria and Mallinckrodt Pharmaceuticals. Taylor joins Beyond Air from aptihealth, where she served as the Chief Marketing Officer, responsible for brand building, developing, and leading all marketing initiatives and launches across health plans and hospital systems.
BEEM

Hot Stocks

08:31 EDT State of California places order for 52 additional EV ARC charging systems - Beam Global announced an order from the California Department of General Services for 52 Beam Global EV ARC solar-powered EV charging systems. The EV ARC systems will expand access to sustainable EV charging and emergency power for 12 state government agencies.
CYDVF

Hot Stocks

08:28 EDT Cypress Development says equipment deliveries on track for Nevada pilot plant - Cypress Development Corp. is pleased to provide an update on its ongoing pilot plant construction in Nevada. Equipment deliveries are on track and plant assembly is expected to commence by month end at the leased facility in Amargosa Valley. The plant remains on schedule is expected to be fully operational in July 2021. The Company has entered into a services agreement with Chemionex, an Ontario based company and innovator in hydrometallurgical process development and direct lithium extraction technology to advise on the DLE section of the pilot plant. Chemionex's owner, Craig Brown, is an internationally recognized expert on aqueous-based chemical separations in the field of ion exchange, with extensive experience in electrochemistry, adsorption, filtration, membranes, evaporation and crystallization. The pilot plant is intended to confirm the extraction of lithium from the Company's Clayton Valley Lithium Project, in accordance with the recommendations outlined in the Company's Prefeasibility Study. The initial operation of the pilot plant will focus on chloride-based leaching to confirm the previously announced results The plant at the Amargosa Valley site will be configured into three primary sections: leaching, tailings handling and DLE. Offsite testing of product and stripped leach solutions will be conducted at NORAM Engineering and Construction Ltd's BC Research laboratory in Richmond Canada. The overall plant operation will be supervised by Continental Metallurgical Services LLC in conjunction with Cypress and del Sol Refining personnel. Each section in the plant will have specific objectives. The leaching section will work to optimize leach conditions and confirm lithium extraction into pregnant leach solution. The tailings handling section will utilize a counter current decantation arrangement of thickener settlers and flocculant mixing determined by Pocock Industrial with the objective of determining materials handling, moisture content and water consumption. Chemionex, under a separate purchase agreement, will provide the equipment for the DLE section of the pilot plant. Additionally, Cypress will be granted an option upon completion of the pilot plant program to license Chemionex's proprietary Lionex DLE technology for commercial use at its Clayton Valley Lithium Project. Both the purchase and option agreements are at advanced stage of preparation. The work conducted by NORAM Engineering will treat the concentrated lithium solution from the DLE portion of the pilot plant to produce lithium hydroxide and test the stripped leach solution for compatibility in recycling to the leaching portion of the plant. The Company is proceeding with the due diligence work with respect to its recently announced letter agreement for water rights with Nevada Sunrise Gold Corp. The parties are working towards completion of a purchase agreement on or before June 7, 2021. The Company also recently leased a 20-acre industrial site near Tonopah, Nevada. The location is at the site of a previous gold milling operation. Cypress is renovating the site which it intends to use for administrative purposes in conjunction with the Clayton Valley Lithium Project.
CP...

Hot Stocks

08:27 EDT Canadian Pacific calls on Kansas City Southern board to reject CN's proposal - Canadian Pacific Railway (CP) sent a letter to Kansas City Southern's (KSU) Board of Directors calling on them to reject Canadian National's (CNI) proposal in light of intervening events and reaffirming its commitment to the pro-competitive CP-KCS combination and the achievable, compelling value under the pre-existing merger agreement. The letter says in part: "Since the KCS Board received CN's initial unsolicited proposal on April 20, 2021, CP has been supportive and understanding of the KCS Board's need to fulfill its fiduciary duties to its shareholders and to better understand what CN was purporting to offer. However, as you know, CP has always believed that CN's proposal is illusory and simply an attempt to dismantle the unique, pro-competitive deal that CP and KCS have agreed upon, a deal which provides compelling short-term and long-term value for our shareholders-value that is actually achievable. While we respectfully disagreed with the KCS Board's decision last week to deem the Revised CN Proposal a Company Superior Proposal, we could understand how the KCS Board might come to that decision given its fiduciary duties. Nevertheless, we have remained confident that the Surface Transportation Board would ultimately reject CN's proposal to use a voting trust, given that allowing CN to close into trust would not be in the public interest... We are excited about this once-in-a lifetime partnership and remain committed to everything this opportunity presents. These two companies have long, proud histories and an even brighter future, together."
GRA

Hot Stocks

08:26 EDT W.R. Grace completes expansion of Kuantan, Malaysia plant - W. R. Grace & Co. announced completion of the expansion of its manufacturing plant in Kuantan, Malaysia. Kuantan, the capital and major seaport town of Pahang, Malaysia, has been home to Grace Specialty Chemicals Sdn Bhd since 1996. The expansion is Grace's fourth extension of the plant since its inception and a direct result of growing worldwide demand for Grace's specialty silica solutions.
SYNA

Hot Stocks

08:25 EDT Synaptics announces Juneau AI-enabled touch controller solution - Synaptics Incorporated announced Juneau, an AI-enabled touch controller solution for the OLED smartphone market, delivering new levels of performance, features and power-efficiency for next-generation phones. Juneau builds on the highly successful Rio touch controller family with an improved signal-to-noise ratio for better touch performance on thinner displays, a 13-bit ADC for improved signal resolution to deliver better accuracy, host-based processing which supports ultra-fast report rates over 300Hz, and the world's first AI-based Face Detect function robust enough to eliminate the need for a separate IR-Prox sensor, all while lowering power consumption by 25% in active mode and maintaining Rio's best-in-class doze mode.
GNTX VWAGY

Hot Stocks

08:24 EDT Gentex ships Bluetooth-enabled mirrors to Volkswagen - Gentex Corporation (GNTX) recently began shipping to Volkswagen (VWAGY) its Bluetooth-enabled automatic-dimming mirror with HomeLink integrated buttons capable of operating a wide range of radio frequency and cloud-based smart home devices. Gentex's Bluetooth-enabled HomeLink mirror will launch with VW as an optional accessory on the 2022 Volkswagen Taos. The feature will then roll out to additional vehicles.
PDSB

Hot Stocks

08:22 EDT PDS Biotechnology announces release of abstract for PDS0101 - PDS Biotechnology Corporation announced publication of abstract #2501 by the American Society of Clinical Oncology. The abstract summarizing interim data from the National Cancer Institute-led phase 2 trial has been accepted for oral presentation at the 2021 ASCO Annual Meeting taking place June 4-8. The presentation, scheduled for June 7, is expected to include results from a larger sample than the 14 patients included in the abstract. Additional data highlights from abstract #2501 include: An overall objective response rate of 71% in patients with refractory HPV16-associated cancers 1 complete response; 9 partial responses; 90% of these of these responses are ongoing after a median 5 months of follow up. The NCI Center for Cancer Research's Laboratory of Tumor Immunology and Biology and Genitourinary Malignancies Branch are jointly leading this Phase 2 trial, which studies PDS0101 in combination with two investigational immune-modulating agents: bintrafusp alfa, a bifunctional "trap" fusion protein targeting TGF-beta and PD-L1, and NHS-IL12, a tumor-targeting immunocytokine. Bintrafusp alfa is being jointly developed by Merck KGaA, Darmstadt, Germany, and GlaxoSmithKline; NHS-IL12 is being developed by Merck KGaA, Darmstadt, Germany. The trial is evaluating the treatment combination in both checkpoint inhibitor naive and refractory patients with advanced human papillomavirus-associated cancers that have progressed or returned after treatment. Objective response is measured by radiographic tumor responses according to RECIST 1.1. These reported data validate the preclinical studies published by the NCI demonstrating that the complementary mechanisms of action of the three immunotherapies which involve potent in-vivo HPV16-specific killer and helper T-cell induction with effective T-cell tumor infiltration, blocking of immune checkpoints as well as targeting of TGF-beta resulted in superior tumor regression.
AMTX

Hot Stocks

08:19 EDT Aemetis notified of U.S. Forest Service grant for patented process - Aemetis has been notified of a grant from the U.S. Forest Service toward the commercialization of a patented process that extracts cellulosic sugars from waste orchard wood, waste forest wood, and other biomass. The sugars from waste wood could potentially be used to produce high value cellulosic ethanol at the existing 65 million gallon per year Aemetis ethanol plant, while the remaining lignin material is expected to be used in the production of negative carbon intensity, cellulosic hydrogen for use in renewable jet and diesel production at the Aemetis Carbon Zero 1 plant being built in Riverbank, CA.
ENTX

Hot Stocks

08:18 EDT Entera Bio intends to meet with FDA to discuss Phase 3 trial design for EB613 - EB613, an orally delivered human parathyroid hormone or PTH, is positioned to be the first oral bone building treatment for osteoporosis. The Phase 2 study's efficacy endpoints include an evaluation of biomarker data after 3 and 6 months of treatment and bone mineral density data after 6 months of treatment. The study met its primary 3-month endpoint. Subjects in the 2.5 mg dose group had a significant increase in bone formation biomarkers P1NP and Osteocalcin from baseline compared to placebo. Patients in the 2.5 mg dose group also had a significant reduction in CTX, a bone resorption marker correlated with a reduction in the breakdown of bone and an important factor for a potential increase in BMD. The last patient enrolled in the study has completed the last visit and final data analyses including 6-month BMD data are expected Q2 2021. Assuming positive final results from this trial, Entera intends to meet with the FDA to discuss the design of a pivotal Phase 3 non-inferiority trial examining the increase in spine bone mineral density of EB613 compared to the increase observed with Forteo and confirm the potential for approval under the 505 (b)(2) regulatory pathway.
MCRB

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08:17 EDT Seres Therapeutics announces David Arkowitz to join as EVP CFO - Seres Therapeutics announced that David Arkowitz will join as Executive Vice President, Chief Financial Officer and Head of Business Development, effective June 1. Mr. Arkowitz will report directly to Eric Shaff, President and Chief Executive Officer of Seres. "I am excited to welcome David to the Seres leadership team. He is a key addition as we continue to lead the development of a potentially new class of transformative treatments across multiple diseases," said Mr. Shaff. "His track record in leading finance functions and operations, combined with his impressive business development and commercial experience, will strongly support our growth."
ENTX

Hot Stocks

08:16 EDT Entera Bio board to accelerate termination date of outstanding warrants - The Company's Board of Directors has decided to accelerate the termination date of its outstanding warrants, upon satisfaction of the sale price condition and in accordance with the terms of the warrants.
ENTX

Hot Stocks

08:16 EDT Entera Bio expects cash to fund operations into 2Q22 - Entera expects an operating loss of approximately $13.0 million for the year ending December 31, 2021 and believes its current cash position will be sufficient to fund its operations into the second quarter of 2022.
CCDBF

Hot Stocks

08:14 EDT CCL Industries announces TSX acceptance of Normal Course Issuer Bid - CCL Industries announced that the Toronto Stock Exchange has accepted a notice filed by the Company to commence a normal course issuer bid. Under the Bid, the Company is authorized to acquire up to 8,000,000 of its Class B non-voting shares, being approximately 4.77% of its issued and outstanding Class B non-voting shares. No Bid is proposed to be made for the Company's Class A voting shares. The Bid will commence on May 25, 2021 and end no later than May 24, 2022. As at May 17, 2021, CCL had 167,696,732 Class B non-voting shares issued and outstanding. All purchases will be made through the facilities of and in accordance with the rules of the TSX and all shares purchased will be cancelled. Except where reliance is placed on the TSX's block purchase exemption, the maximum number of shares that could be purchased under the Bid on any trading day will be limited to 72,469 Class B non-voting shares. The average daily trading volume for the six-month period ended April 30, 2021 was 289,877 Class B non-voting shares. The actual number of Class B non-voting shares purchased, if any, and the timing of such purchases will be determined by CCL, considering market conditions, share prices and other factors. There cannot be any assurances as to how many Class B non-voting shares, if any, will be purchased under the Bid. CCL's management believes that such purchases are an appropriate and desirable use of available funds.
ZEAL

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08:13 EDT Zealand Pharma increases share capital as result of employee warrants exercise - Zealand Pharma has increased its share capital by a nominal amount of DKK 2,000 divided into 2,000 new shares with a nominal value of DKK 1 each. The increase is a consequence of the exercise of warrants granted under one of Zealand Pharma's employee warrant programs. The exercise price was DKK 135.30 per share for the 2,000 new shares and the total proceeds to Zealand Pharma from the capital increase amount to DKK 270,600. The new shares give rights to dividend and other rights from the time of the warrant holder's exercise notice. Each new share carries one vote at Zealand Pharma's general meetings. Zealand Pharma has only one class of shares. The new shares will be listed on Nasdaq Copenhagen after registration of the capital increase with the Danish Business Authority. Following registration of the new shares, the share capital of Zealand Pharma will be nominal DKK 43,451,842 divided into 43,451,842 shares with a nominal value of DKK 1 each.
RL

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08:10 EDT Ralph Lauren reinstates quarterly dividend - The company also announced that its board of directors approved to reinstate its regular quarterly cash dividend on the company's common stock, previously suspended due to the COVID-19 pandemic. The quarterly cash dividend is 68.75c per share for a total annual dividend amount of $2.75 per share. The next quarterly dividend is payable on July 9 to shareholders of record at the close of business on June 25.
NBSE GMTX

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08:08 EDT NeuBase Therapeutics appoints Sandra Rojas-Caro as CMO - NeuBase Therapeutics (NBSE) announced the appointment of Sandra Rojas-Caro, M.D., as Chief Medical Officer, effective May 24, 2021. Dr. Rojas-Caro will oversee the preclinical and clinical development, medical, and regulatory strategy of NeuBase's pipeline to address disease at its base cause. Most recently, she was Chief Medical Officer for Gemini Therapeutics (GMTX), a company focused on redefining age-related macular degeneration and linked disorders with precision medicine.
EVRI CZR

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08:06 EDT Everi Holdings, Caesars Palace to install Jackpot Xpress - Everi Holdings (EVRI) announced an agreement with Caesars Entertainment, Inc. (CZR) to begin a Nevada field trial for Jackpot Xpres(R), Everi's jackpot management system, under guidelines issued by the Nevada Gaming Control Board. The trial will take place at the iconic Las Vegas Strip centerpiece, Caesars Palace. Upon final approval by the Nevada Gaming Control Board, Caesars will have the option to install Jackpot Xpress at all its Nevada properties. Caesars will also have the option to install Jackpot Xpress at all its owned and managed locations, pending further jurisdictional approvals.
FICO

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08:05 EDT Fair Isaac appoints Ben Nelson as Chief Information Security Officer - Fair Isaac appointed Ben Nelson as Chief Information Security Officer. Prior to joining FICO, Nelson was chief information security officer at Tableau, a Salesforce company, as well as vice president of cloud security, at Oracle.
REPL

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08:04 EDT Replimune Group announces program highlights, upcoming milestones - RP1 in combination with Libtayo in CSCC: CERPASS, the Company's Phase 2, global, randomized, controlled, registration-directed clinical trial continues to actively enroll patients and remains on track for a primary data read out in 2022. RP1 in combination with Opdivo in anti-PD-1 failed melanoma: The Company's 125-patient cohort in the IGNYTE Phase 2 clinical trial of RP1 in combination with Opdivo, continues to actively enroll patients and remains on track to report the primary data read out in 2022. RP1 in combination with Opdivo in melanoma and non-melanoma skin cancers: Following a positive Phase 2 data update in October 2020 and enrollment of the initial melanoma cohort being complete, the Company continues to enroll its 45-patient cohort evaluating RP1 in combination with Opdivo in NMSC. The Company plans to provide an update on these programs at its June 3rd investor event. RP1 in anti-PD1 failed NSCLC:The first patient in the cohort of 30 anti-PD1 failed NSCLC patients treated with RP1 combined with Opdivo has been dosed, and the Company expects to report initial data in the second half of 2021. RP1 as monotherapy in solid organ transplant recipients with CSCC: The Company is currently enrolling a 30 patient Phase 1b clinical trial assessing the safety and efficacy of RP1 in liver and kidney transplant recipients with CSCC. Enrollment in this immuno-compromised population has been hampered by COVID 19, but as the effects of the pandemic reduce the Company expects recruitment to increase. Early data from this clinical trial is intended to be presented in the second half of 2021. RP1 in combination with Opdivo in MSI-H/dMMR tumors: The Company continues to expect to be able to decide whether to pursue RP1 for MSI-H/dMMR tumors into registration-directed development by the end of 2021. RP2 alone and in combination with Opdivo: Following positive data with RP2 given as monotherapy that were presented in October 2020, the Company is actively enrolling a 30-patient cohort evaluating RP2 in combination with Opdivo. Updated data from this clinical trial, including an update on patients treated with RP2 monotherapy and initial data with RP2 in combination with Opdivo will be presented at the upcoming June 3rd investor event. RP3 alone and in combination with anti-PD-1 therapy: The Phase 1 clinical trial evaluating RP3 alone and in combination with anti-PD1 therapy in solid tumor patients is actively enrolling and the Company remains on track to report initial data in the second half of 2021. Target evaluation for new indications is currently underway: The Company remains on track to disclose part of its initial development plans for RP2 and/or RP3 in less immune responsive tumor types at the upcoming June 3rd investor event.
BLCT

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08:03 EDT BlueCity CFO Zhiyong Li resigns, Junchen Sun succeeds - BlueCity announced that Zhiyong Li resigned from his position as CFO due to personal reasons, effective May 20. Li will serve as the company's financial advisor for the next six months. Junchen Sun, the company's VP, Finance, will assume the role of acting CFO of the company effective upon Li's departure. Sun joined BlueCity in February 2017. He previously served as financial controller at MicroMedia Holdings Limited from 2015 to 2017 and senior associate at PricewaterhouseCooper Zhong Tian LLP, Tianjin branch from 2011 to 2015.
REPL

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08:03 EDT Replimune Group expects cash to fund requirements into 2H24 - As of March 31, 2021, cash, cash equivalents and short-term investments were $476.3 million, as compared to $168.6 million as of March 31, 2020. This increase was primarily related to $372.5 million in net proceeds from financing activities offset by an increase in cash utilized in operating activities in advancing our expanded clinical development plan. Based on the current operating plan, Replimune believes that existing cash and cash equivalents and short-term investments will fund operating expenses and capital expenditure requirements into the second half of 2024.
VSAT

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08:02 EDT ViaSat, NBA partner on NBA League Pass - The National Basketball Association and Viasat announced a groundbreaking multi-year partnership to make NBA League Pass, the league's premium live game subscription service, available to millions of airline passengers while in flight. The partnership will provide a streaming experience in the sky, enabling airline passengers to access live and on-demand NBA games and content on their personal electronic devices at no extra cost when they register for NBA League Pass in-flight. JetBlue will be one of the first airlines to offer NBA League Pass on Viasat-equipped aircraft, with additional airlines expected to be announced. Available during the 2021 NBA Playoffs, which will tip off Saturday, May 22, Viasat will enable access to the premium version of NBA League Pass - featuring every NBA game live and on-demand - to passengers onboard aircraft with Viasat In-flight connectivity. NBA League Pass will be available on any route, except for flights within the U.S., Canada and China; international flights to and from these three countries will also have access to the service.
XENT

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07:50 EDT Intersect ENT gets CE Mark approval for PROPEL Contour for rhinosinusitis - Intersect ENT announced it has received CE Mark approval for the company's PROPEL Contour, mometasone furoate, sinus implant enabling sales and distribution in the European Union. The Contour CE approval expands the portfolio of PROPEL products available for commercialization inclusive of PROPEL and PROPEL Mini. PROPEL Contour is specifically designed to maintain patency and reduce inflammation, and conform to the sinus ostia by focusing mechanical support and steroid delivery where it is needed to optimize sinus surgery outcomes. It is the third localized drug delivery implant, completing the PROPEL family of drug-eluting, bioabsorable implants now available to ENT specialists in select EU countries. PROPEL Contour features an innovative hourglass shape, specifically designed for placement in the frontal sinuses (between the eyebrows) following sinus surgery for chronic rhinosinusitis patients. The implant features a low-profile flexible delivery system to make it easier to access areas of the frontal sinus ostia.
NFYEF BYDDF

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07:46 EDT NFI Group, BYD partnership delivers 500th electric bus - NFI Group (NFYEF) announced that the BYD UK (BYDDF) and Alexander Dennis Limited electric vehicle partnership has delivered its 500th electric bus. This major milestone comes less than five years after rolling out its first battery-electric bus and will see the 500th vehicle, a zero-emission Enviro400 double deck bus, join the fleet of the partnership's original customer, Go-Ahead London. As the UK's transition to zero-emission transport continues to accelerate, the BYD ADL partnership has already taken firm orders for the next 500 electric buses for public transit operators. In a testament to the UK's leadership in zero-emission vehicle adoption, these 500 new vehicles are expected to be delivered over the next 12 months and will bring the partnership's total deliveries to over 1,000 units. .
OCUP

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07:43 EDT Ocuphire Pharma to host KOL event on Nyxol - Ocuphire Pharma announced that it will host a key opinion leader event on Nyxol, its late-stage product candidate under development as a potential new treatment option for reversing pharmacologically induced mydriasis. The Webinar will feature a roundtable discussion among three KOLs from across the spectrum of eye care providers - optometry, ophthalmology, and retina: Paul M. Karpecki, O.D., F.A.A.O. - Cornea and Refractive Optometrist, Kentucky Eye Institute; Jay Pepose, M.D., Ph.D. - Cornea and Refractive Surgeon, Pepose Vision Institute; Peter Kaiser, M.D. - Vitreoretinal Surgeon, Cole Eye Institute, Cleveland Clinic. Drs. Karpecki, Pepose, and Kaiser will discuss the large unmet need for a treatment to reverse approximately 100 million pharmacological dilations that occur each year. Dr. Pepose will present the positive Phase 3 results from the recently completed pivotal MIRA-2 trial for Nyxol for the reversal of pharmacologically induced mydriasis, which met its primary endpoint and multiple secondary endpoints. The panel will also discuss the pharmacological approaches that have been considered in the past, how Nyxol has the potential to address an unmet medical need as there are no commercial treatments currently available for reversal of mydriasis, and how a reversal agent could benefit their clinical practice and patients. An update will be provided on the reversal of mydriasis program, including the remaining steps prior to NDA submission and plans for commercialization. The KOLs and Ocuphire management will be available to answer questions following the panel discussion.
THTX

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07:42 EDT Theratechnologies announces results from two posters on Trogarzo - Theratechnologies reported on results presented in two separate posters in conjunction with ACTHIV 2021 virtual conference being held May 20-22, 2021. The first poster included findings from a survey conducted among 30 Trogarzo patients to assess real-world patient experience and acceptance of IV administration. The survey found that 100 percent of patients were either very satisfied or moderately satisfied with their experience with Trogarzo. Other highlights included: 60 percent said that their experience with Trogarzo was better than expected while 40 percent said it was about the same; 93 percent of respondents either found the IV infusion process very convenient or neutral; 93 percent said they would likely recommend Trogarzo to another patient living with HIV; 87 percent expressed very high satisfaction with the experience of receiving an infusion and seeing a healthcare professional every two weeks; and, 80 percent were of the opinion that a touchpoint every two weeks was likely to support adherence to other HIV medications. These findings are in line with conclusions drawn from a retrospective evaluation conducted by Option Care Health, a national alternate site infusion provider, and were also presented at ACTHIV 20212. The evaluation demonstrated an overall 98 percent compliance rate with Trogarzo based on 3,528 infusions administered to 130 patients between May 2018 and February 2021. Furthermore, a compliance rate with other antiretrovirals of 89 percent was observed among Trogarzo patients, supporting the patient survey findings.
DKNG

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07:41 EDT DraftKings to become Official Sports Betting Partner of 23XI Racing - DraftKings announced it will become the first Official Daily Fantasy Sports, iGaming and Sports Betting Partner of 23XI Racing and its driver, Bubba Wallace, pending regulatory approval in applicable jurisdictions. The official sponsorship will debut at the EchoPark Automotive Texas Grand Prix at Circuit of the Americas on Sunday May 23, 2021, with the team continuing to sport the DraftKings logo for each race of the 2021 season. While DraftKings is already the Official Daily Fantasy Partner of NASCAR, the agreement with 23XI Racing positions DraftKings to hit a new gear in its motorsports offerings, integrations and entertainment. The new deal allows DraftKings and 23XI Racing to promote an authentic in-app experience for racing fans, and they will also collaborate on a cross-channel social media content video series including race previews and data presented by DraftKings. Fans can also expect to see DraftKings as the primary partner of the No. 23 Camry at the NASCAR Cup Series Race at Pocono Raceway on Sunday, June 27, 2021. As the Official Free-to-Play Partner of 23XI Racing and Bubba Wallace, DraftKings Sportsbook will launch a free-to-play pool ahead of the event with custom prizes like signed Bubba Wallace merchandise.
FTRPF

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07:39 EDT Field Trip Health appoints Tom Daschle as special advisor - Field Trip Health announced the appointment of former US Senate Majority Leader Tom Daschle as a Special Adviser to the Company. Daschle is one of the longest serving Senate Democratic leaders in history and one of only two to serve twice as both Majority and Minority Leader. Senator Daschle is also the Founder and CEO of the Daschle Group, a Public Policy Advisory of Baker Donelson and a legal and government affairs firm that advises clients on a broad array of economic, policy and political issues. In consideration of the services, Senator Daschle will be receiving a stipend and options consistent with grants made to the members of the board of directors of Field Trip.
MNMD

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07:38 EDT MindMed's announces Swiss approval of first clinical trial for mescaline - MindMed announced the approval by the local Swiss ethics committee of the first clinical trial evaluating the acute effects of different doses of mescaline and the role of the serotonin 5-HT2A receptor in mescaline-induced altered states of consciousness. The study will be conducted at the University Hospital Basel Liechti Lab, in Basel, Switzerland, and is planned to start this month. Modern regulated studies using validated psychometric tools and directly comparing different doses of mescaline including placebo are missing. The company believes this phase 1 study will provide such data and a basis for further research in the therapeutic potential of mescaline. The present study will also explore the mechanism of action of mescaline in humans and specifically whether the acute psychoactive effects of mescaline in humans are mediated by 5-HT2A receptors. Whether there are differences in the effects of mescaline compared with those of LSD or psilocybin will also be determined in additional studies. MindMed is assembling a drug development pipeline of innovative treatments based on psychedelic substances including psilocybin, LSD, MDMA, DMT, mescaline and an Ibogaine derivative, 18-MC.
LTRX

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07:34 EDT Lantronix announces use of Open-Q 820 uSOM in Whisper Hearing System - Lantronix announced that its Open-Q 820 microSOM was used in the development of the Whisper Hearing System. Created by San Francisco-based Whisper, the Whisper Hearing System is a learning hearing aid that gets better over time and uses artificial intelligence to process sound.
MNRO

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07:33 EDT Monro raises quarterly dividend 9% to 24c per share - Monro also announced that its Board of Directors has approved a $.02 per share increase in the Company's cash dividend for the first quarter of fiscal year 2022 to $.24 per share, representing an increase of 9% as compared to the $.22 per share cash dividend paid in the first quarter of fiscal 2021. The Company has increased its cash dividend 15 times during the 16 years since a cash dividend was first issued. The cash dividend is payable to shareholders of record on the Company's outstanding shares of common stock, including the shares of common stock to which the holders of the Company's Class C Convertible Preferred Stock are entitled. The dividend is payable on June 21, 2021 to shareholders of record at the close of business on June 7, 2021.
SNGX

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07:32 EDT Soligenix granted Japanese patent for synthetic hypericin composition - Soligenix announced that the Japan Patent Office has allowed the patent application directed to proprietary methods to produce a highly purified form of synthetic hypericin, similar to those previously allowed in the U.S. Synthetic hypericin is the active pharmaceutical ingredient in HyBryte, the company's photodynamic therapy, for which positive primary endpoint results in a pivotal Phase 3 study for the treatment of cutaneous T-cell lymphoma were recently announced. This new patent is the first allowed in Japan covering the proprietary methods developed by the company and further expands the comprehensive HyBryte patent estate. The company believes HyBryte has compelling competitive advantages over existing therapies for early stage CTCL and represents a significant commercial opportunity.
ACB

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07:32 EDT Aurora Cannabis, Grow Group renew market access services agreement for UK - Aurora Germany GmbH, a subsidiary of Aurora Cannabis, and Grow Group announced the extension of their long-standing strategic relationship by signing a two-year market access services agreement for the UK. Aurora was one of the first companies to enter into a strategic relationship with Grow in August 2019 and since then, both companies have become leaders in the rapidly growing medical cannabis market in the UK.
IPA

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07:30 EDT ImmunoPrecise Antibodies completes four monoclonal antibody cocktail study - ImmunoPrecise Antibodies announced the completion of an efficacy-driven, preclinical study demonstrating further evidence of the in vivo efficacy of a four monoclonal antibody cocktail against non-overlapping epitopes, utilizing an optimized formulation and, for the first time, demonstrating therapeutic synergy of the cocktail components in vivo. Completed preclinical efficacy studies for its newly optimized 4-antibody cocktail, showing in vivo therapeutic efficacy and synergy for the treatment and protection against SARS-CoV-2 infection. The company believes these are the first publicly reported in vivo synergistic effects of a multi-antibody combination treatment IPA's optimized, 4-Ab cocktail shows high levels of efficacy in treating SARS-CoV-2 in the preclinical study. Updated mutant binding data demonstrates continued in vitro resistance against novel variants of concern, including the recently described Californian and New York variants. Company contracts ChemPartner Biologics for optimized, stable CHO pool generation and cell bank generation for use in cGMP manufacturing.
AVCT

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07:25 EDT AVCtechnologies gifts cybersecurity, technology support to HBCUs - American Virtual Cloud Technologies announced that in the first of several years of a joint initiative it will gift cybersecurity services and technology support as part of a collaborative effort to enable historically black colleges & universities to modernize their IT infrastructures. As part of the project coordinated by the Student Freedom Initiative, a nonprofit dedicated to enabling the social and economic mobility of students at HBCUs, AVCtechnologies will implement multiple Cisco security products, and provide consulting, logistics, engineering implementations, and long-term management services initially to nine, with a desire to implement at all of the 107 HBCUs across the United States.
WOOF

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07:24 EDT Petco CEO says 'We entered 2021 with momentum' - "We entered 2021 with momentum, and delivered record quarterly sales in Q1 driven by our strong execution and unique model across digital and in our Pet Care Centers," said Ron Coughlin, Chairman and CEO of Petco. "We're attracting new customers and gaining market share in a growing category through our unique end to end health and wellness ecosystem. There are more pets in homes than ever and the 1.2 million net new customers we gained in the quarter is a multi-year high, that provides an annuity for years to come. The category acceleration combined with a strengthening of our customer base give us confidence to raise our full year guidance." Petco reduced total debt by 52% to $1.7B and Net Debt by 53% to $1.5B using the proceeds from the company's initial public offering, the recapitalization of a portion of debt outstanding at the time of the initial public offering and Free Cash Flow generation.
GILT

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07:24 EDT Gilat Satellite awarded over $4M in orders for support of LEO constellation - Gilat Satellite Networks announced that it received orders of over $4M for support of gateways of Low Earth Orbit constellations. Gilat's subsidiary, Wavestream, was chosen as the vendor of choice to supply Gateway Solid State Power Amplifiers to a leading satellite operator to support the LEO constellation gateways. The orders were received as part of the previously announced contract.
MYGN

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07:23 EDT Myriad Genetics appoints Melissa Gonzales as president, Women's Health Business - Myriad Genetics announced that Melissa Gonzales has been named president of its Women's Health business. Gonzales has more than 20 years of women's health experience, most recently at Medela, a global leader in breast pumps and medical solutions. In her role at Myriad Women's Health, Gonzales will be responsible for serving consumers, patients and healthcare providers with genetic tests that help women assess their risk of hereditary cancer and provide vital insights during pregnancy or when planning a family. She will report to Nicole Lambert, president of Myriad Genetic Laboratories.
EDRY

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07:21 EDT EuroDry to acquire M/V Blessed Luck for $12.12M - The Company announced that it has agreed to acquire M/V Blessed Luck, a 76,704 dwt drybulk vessel built in 2004 in Japan, for $12.12 million. The vessel is majority owned by a third party and has been managed by Eurobulk Ltd., also the manager of three of the Company's vessels. The vessel is expected to be delivered to the Company within May 2021. The acquisition will be financed partly by a short term sellers' credit of $5 million and an one year bridge loan of $6 million provided by an entity affiliated with the Company's Chief Executive Officer with the remaining funds coming from the Company; both the sellers' credit and short term loan carry an annual interest of 8%. In parallel, the Company is in the process of arranging a bank loan with the acquired vessel as collateral, expected to be finalized within approximately three months, which will provide sufficient funds to repay the sellers' credit and, possibly, part of the bridge loan. At the same time, the Company entered into a charter agreement for the vessel for a period between a minimum of 11 months and a maximum of 13 months at a rate of $19,500/day which will commence upon delivery of the vessel and contribute about $4 million of EBITDA during the minimum period of the charter.
PLUG

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07:18 EDT Plug Power names Benjamin Haycraft VP, strategy and business development, Europe - Plug Power announces Benjamin Haycraft as the Company's newest Vice President of Strategy and Business Development, Europe. Before joining Plug Power, Benjamin Haycraft advised the Company as a Santander banker, resulting in the announcement of the joint-venture projects at the start of 2021 with European leaders including the Renault Group in France and Acciona in the Iberian Peninsula.
XPOA

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07:18 EDT Jam City to become publicly traded company through merger with DPCM Capital - Jam City and DPCM Capital announced that they have entered into a definitive merger agreement that will result in Jam City becoming a publicly listed company. The transaction values the combined company at an enterprise value of $1.2B. Upon closing, the combined company will operate as Jam City Holdings, Inc. and its Class A common stock is expected to be listed on the New York Stock Exchange under the ticker symbol "JAM". In conjunction with the closing of the business combination, Jam City will use the cash proceeds to acquire a leading Montreal-based mobile game publisher Ludia rom FremantleMedia Canada Inc. , bringing together two highly creative leaders in mobile gaming and further strengthening Jam City's market position and global player network. The combined company's well-balanced, diversified portfolio of critically acclaimed, top grossing games is expected to include Harry Potter: Hogwarts Mystery; Cookie Jam; Panda Pop; and Jurassic World Alive. It is also expected to benefit from a strong pipeline of tentpole owned and licensed game releases with leading brands such as DC, and some of Disney's biggest brands, which are expected to accelerate organic growth for the next several years.
AVIR

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07:17 EDT Atea Pharmaceuticals appoints Jerome Adams to board of directors - Atea Pharmaceuticals announced the appointment of Jerome Adams, M.D., M.P.H., to its Board of Directors. Dr. Adams most recently served as Surgeon General of the United States and brings a wide range of experience spanning clinical practice, clinical research, public health, and government agency leadership.
VLRS

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07:15 EDT Volaris raises Q2 capacity guidance to 110%-113% year-over-year - Had previously expected 110% growth. Raises Average daily cash burn/generation to cash generation of $ 0.8M-$1M from cash burn of $ 0.6M. Raises EBITDAR margin percentage view from low to mid 30's to high 20's.
IMNM

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07:14 EDT Immunome announces additional $4.3M award by DOD - Immunome announced a $4.3M increase awarded by the U.S. Department of Defense's, DOD, Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense in collaboration with the Defense Health Agency , for the continued development of an antibody cocktail to combat SARS-CoV-2 and its variants. The additional capital comes less than a year after an initial DOD award of $13.3 million, bringing the total commitment to Immunome to $17.6M. The additional funding is to support expansion of the clinical study following feedback from the FDA. Immunome is continuing efforts towards an IND filing for IMM-BCP-01 in late 2Q/early 3Q 2021. IMM-BCP-01 contains three monoclonal antibodies that bind to non-overlapping regions of the spike protein with picomolar affinity. The antibodies exhibit combinatorial effects in vitro against multiple SARS-CoV-2 variants, including those exhibiting both increased transmission in the United States and resistance to current antibody therapeutics and vaccines. "We are thrilled to have secured additional funding from the Department of Defense," said Purnanand Sarma, Ph.D., President and CEO of Immunome. "We are grateful to the DOD for their continued support and we are eager to move our antibody cocktail into the clinic."
HOOK

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07:13 EDT Hookipa Pharma to present Phase 1 data on HB-201, HB-202 - HOOKIPA Pharma announced that the first data on HB-201/HB-202 alternating 2-vector therapy and expanded data on HB-201 will be featured as an oral presentation at the 2021 American Society of Clinical Oncology Annual Meeting, taking place June 4-8, 2021. HB-201 and HB-202, novel arenaviral therapeutics and HOOKIPA's lead oncology candidates, are being evaluated in an ongoing, first-in-human Phase 1/2 clinical trial for the treatment of advanced Human Papillomavirus 16-positive cancers. The oral presentation will highlight safety, tolerability, immunogenicity and preliminary anti-tumor activity data from about 40 evaluable patients as of March 31. "We're thrilled that our novel arenaviral immunotherapeutics for HPV16+ cancers, HB-201 and HB-202, are being featured at ASCO. We believe our selection as an oral presentation speaks to the strength of the data and the potential of our arenaviral therapeutics to redefine success in cancer treatment," said Joern Aldag, Chief Executive Officer at HOOKIPA. "Following the preliminary HB-201 data shared in December and our translational data presentation at AACR, we're excited to share expanded data from more patients and additional doses, including first results on HB-201/HB-202 alternating 2-vector therapy, as well as detailed safety, tolerability, translational data and preliminary anti-tumor activity results. We believe these data are very encouraging for such an early-stage program."
AGEN

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07:12 EDT Agenus presents new data on balstilimab, AGEN2373 in ASCO abstracts - Agenus announced data on the differentiated activity profile of balstilimab, an anti-PD-1 antibody, and new Phase 1 clinical data for AGEN2373, a CD137 agonist antibody, as published in abstracts for two posters to be presented at the American Society for Clinical Oncology Annual Meeting 2021 from June 4 - 8, 2021. Balstilimab has shown expanded clinical activity in a Phase 2 clinical trial for patients with recurrent or metastatic cervical cancer. Responses have been observed in both PD-L1 positive and PD-L1 negative tumors in contrast to approved anti-PD-1 antibodies which have shown almost no responses in the PD-L1 negative population. Preclinical observations using the company's proprietary platform corroborate these results, showing differentiated activity and superior tumor killing potential for balstilimab as compared to commercially available anti-PD-1 antibodies. Agenus submitted a Biologics License Application to the U.S. Food and Drug Administration on April 19 for the use of balstilimab in patients with recurrent or metastatic cervical cancer. This submission was based on data from the Phase 2 trial showing a response rate of 20% in PD-L1 positive tumors and an overall response rate of 15% with a median duration of response of 15.4 months. AGEN2373 is a conditionally active CD137 agonist antibody designed to overcome limitations seen with first-generation CD137 agonist antibodies, including the development of liver toxicity. In this first-in-human study of AGEN2373 in patients with advanced solid tumors, no dose limiting toxicities were seen at doses up to 3 mg/kg; notably, no liver toxicity has been observed. Five patients demonstrated stable disease out of 19 patients treated with AGEN2373 monotherapy, including one heavily pretreated patient with metastatic leiomyosarcoma who had progressed on prior combination checkpoint immunotherapy.
RZLT

Hot Stocks

07:11 EDT Rezolute appoints Davelyn Hood as director, scientific and patient affairs - Rezolute announced the addition of Davelyn Hood, MD, to its leadership team as Director, Scientific and Patient Affairs. In her new role, Dr. Hood will be a key member of the team in furthering the development of RZ358, Rezolute's monoclonal antibody currently being evaluated in a Phase 2b clinical trial to treat congenital hyperinsulinism, a rare disease that is the most common cause of persistent low blood sugars in children. Dr. Hood is a long-standing member of Congenital Hyperinsulinism International where she has led international collaboration and communication efforts around ensuring increased access to treatment.
RENN

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07:11 EDT Renren receives NYSE non-compliance notification from late Annual Report filing - Renren received a notice from NYSE Regulation indicating that the company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Annual Report for 2020 with the SEC. The company was not able to file the 2020 Form 20-F by its due date primarily due to the additional time required to prepare the company's audited financial statements for the year ended December 31, 2020. The company stated that is making all efforts to file the 2020 Form 20-F as soon as possible. If the company fails to file its annual report and any subsequent delayed filings within six months from the filing due date, the NYSE may, in its sole discretion, allow the company's securities to trade for up to an additional six months depending on specific circumstances. If the NYSE determines that an additional six-month trading period is not appropriate, suspension and delisting procedures will commence.
LORL

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07:09 EDT Telesat, TIM Brasil partner for LEO Test in Brazil - Telesat and TIM Brasil announced the completion of on-orbit testing across several applications with Telesat's Phase 1 Low Earth Orbit satellite. This LEO backhaul testing in Brazil was conducted with TIM Brasil's Innovation Department staff at their state-of-the-art teleport in Rio de Janeiro, leveraging an 85 cm Intellian parabolic antenna to uplink and downlink to the LEO satellite. Throughout the 5-day testing campaign, the teams measured 4G mobile data traffic performance over LEO, achieving an average 38ms round trip latency. All applications tested ran efficiently without interference, fading or performance breaks throughout the tests, including 1080p YouTube video streaming, video conferencing, WhatsApp voice over LTE and interface compatibility. The resulting low latency represents a compelling opportunity for operators like TIM Brasil to expand their mobile and Internet services. Brazil has very good 4G coverage in population centers, but remote communities usually cannot cost-effectively be connected to the core network through fibre or additional cell towers due to long distances and difficult terrain. These tests highlight how Telesat Lightspeed can bring multiple Gbps of affordable, high-performance backhaul connectivity to connect many underserved regions and reduce the digital divide in Brazil.
BLL

Hot Stocks

07:07 EDT Ball Corp. launches Aluminum Cup at major retailers in all 50 states - Ball Corporation's recyclable Ball Aluminum Cup is now available for purchase at major retailers in all 50 states across the U.S. Between May and June, the cups will be available for the first time in more than 18,000 food, drug and mass retailers, including Kroger, Target, Albertsons, CVS and others. The nationwide retail rollout follows the limited pilot that began in 2019.
DFS

Hot Stocks

07:07 EDT Discover and Eazy sign agreement to grow acceptance for cardholders - Discover and Eazy Financial Services signed an agreement to expand acceptance for both company's cardholders. Discover, Diners Club International and network alliance cardholders will now be able to use their card at 95% of point-of-sale merchants and 100% of ATMs in Bahrain. Once Eazy Financial begins issuing its first national cards, its customers will get access to the Discover Global Network and be able to make transactions at more than 50 million merchants in more than 200 countries and territories. This partnership is Discover's second network alliance signed in the past year in Bahrain and will grow acceptance to almost 100% for Discover Global Network cardholders transacting in the country. It is also the sixth alliance agreement Discover has signed in the Middle East and North Africa region. "Continually growing acceptance in this area will benefit all of the cardholders of our regional partners," said Matt Sloan, vice president of international markets at Discover. "Eazy Financial has a strong footprint in the country and working together will provide its cardholders a strong card product." "This partnership with Discover empowers Eazy with the quickest, most effective way to re-engineer its business strategies," said Nayef Tawfeeq Al Alawi, Founder & MD, CEO of Eazy Financial Services. "Discover shall provide Eazy with significant customer acquisition opportunities, and serve as an important brand investment for Eazy and its customers, serving them with trustable, secured and unified Global Card Acceptance."
SNY

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07:07 EDT Sanofi to present data from Phase 1 AMEERA-1 study at ASCO - Phase 1 data from the AMEERA-1 study evaluating amcenestrant, an investigational oral selective estrogen receptor degrader, will be presented at the 2021 American Society of Clinical Oncology Annual Meeting, Sanofi announced. In a pooled analysis, amcenestrant in combination with palbociclib showed encouraging antitumor activity in postmenopausal women with estrogen receptor-positive/human epidermal growth factor receptor 2-negative metastatic breast cancer, or MBC. In this preliminary analysis from the open-label AMEERA-1 study, amcenestrant was evaluated in dose escalation cohorts at 200mg and 400mg daily and in a dose expansion cohort at 200mg daily, all in combination with a standard dose of palbociclib. Eligible patients included post-menopausal women with ER+/HER2- MBC who were pre-treated with endocrine therapy in the advanced setting for at least six months or had resistance to adjuvant endocrine therapy. In the pooled population exposed with amcenestrant at 200mg daily evaluable for response, the objective response rate was 34%, with confirmed partial responses in 12/35 patients, and the clinical benefit rate was 74%, with clinical benefit in 26/35 patients at 24 weeks. Amcenestrant 200mg daily in combination with palbociclib demonstrated a favorable overall safety profile, with treatment related adverse events attributable to amcenestrant similar to those observed with monotherapy. For all grade events, amcenestrant TRAEs occurred in 72% and to palbociclib in 90% of patients, and for grade greater than or equal to3 in 15% and 46% of patients, respectively. "These early clinical data show that the combination of amcenestrant with palbociclib achieved encouraging antitumor activity. The analysis also demonstrated no clinically significant cardiac or ocular findings and an overall safety profile in line with what we saw in the monotherapy setting. It's notable to see this kind of activity in patients with ER+ metastatic breast cancer, where there is a clear need for new therapeutic options," said Sarat Chandarlapaty, M.D., Ph.D., Medical Oncologist, Memorial Sloan Kettering Cancer Center.
COIN

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07:05 EDT Cathie Wood's ARK Investment discloses 169K shares of Coinbase bought yesterday
SQ

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07:05 EDT Cathie Wood's ARK Investment discloses 244K shares of Square bought yesterday
ONCY

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07:04 EDT Oncolytics's combination therapy in pancreatic cancer shows proof-of-concept - Oncolytics announced clinical and biomarker data demonstrating clinical proof-of-concept for pelareorep-checkpoint inhibitor combination therapy in pancreatic cancer. The data will be featured in an upcoming electronic poster presentation at the 2021 American Society of Clinical Oncology Annual Meeting from June 4 - 8. The data are from a phase 2 trial evaluating pelareorep in combination with the PD-1 inhibitor pembrolizumab in pancreatic adenocarcinoma patients who progressed after first-line treatment. Findings from the trial indicate that pelareorep and pembrolizumab synergize and show anti-cancer activity in these difficult-to-treat patients, which is mediated through the complementary immunotherapeutic effects of the two agents. Key data and conclusions that will be featured in this upcoming poster include: disease control was achieved in 42% of patients, with one patient achieving a partial response and four patients achieving stable disease; on-treatment tumor biopsies showed pelareorep replication and increased infiltration of CD8+ T cells and PD-L1+ cells relative to pre-treatment samples; patients achieving disease control showed reductions in pro-tumor regulatory T cells in the peripheral blood and tumor tissue compared to those with progressive disease; patients achieving disease control showed increased activation of anti-cancer CD8+ T cells in the peripheral blood compared to those with progressive disease; pelareorep-pembrolizumab combination therapy was found to be well tolerated, with most treatment-related adverse events being grade 1 or 2. Oncolytics plans to further develop pelareorep-checkpoint inhibitor combination therapy in pancreatic cancer in collaboration with Roche and AIO-Studien-gGmbH through a phase 1/2 multi-center trial designed to investigate the use of pelareorep in combination with Roche's anti-PD-L1 inhibitor atezolizumab in patients with metastatic pancreatic, metastatic colorectal and advanced anal cancers. Oncolytics expects the first patient to be dosed in GOBLET in mid-2021.
TSLA

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07:03 EDT Cathie Wood's ARK Investment discloses 69.5K shares of Tesla bought yesterday
CGC

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07:02 EDT Canopy Growth names Martha Stewart as official strategic advisor - Canopy Growth announced the appointment of Martha Stewart as the company's official strategic advisor. In this new role, Martha will expand upon her existing relationship with the company, leveraging her vast knowledge of product development and branding expertise, to provide the company with dedicated counsel ranging from product innovation to format development and strategic partnerships. Martha's appointment comes on the heels of the successful launch of Martha Stewart CBD in partnership with Marquee Brands and Canopy Growth. Launched in Fall 2020, the product line offers high-quality, CBD wellness supplements including gummies, softgels, and oil drops with flavor profiles inspired by some of Martha's most popular recipes. Martha Stewart CBD for Pet also launched earlier this year and includes oil drops and soft-baked chews in three gourmet flavor combinations and formulas designed to support pet mental and physical well-being
BAM

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06:58 EDT Brookfield Asset Management renews normal course issuer bid - Brookfield Asset Management has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid to purchase up to 132,856,682 Class A Limited Voting Shares, representing 10% of the public float of Brookfield's outstanding Class A Shares. The period of the normal course issuer bid will extend from May 25, 2021 to May 24, 2022, or an earlier date should Brookfield complete its purchases. As at May 18, 2021, the number of Class A Shares issued and outstanding totalled 1,577,564,357, of which 1,328,566,827 shares represented the public float. Of the 132,829,848 Class A Shares approved for purchase under Brookfield's prior normal course issuer bid that commenced on May 25, 2020 and will expire on May 24, 2021, Brookfield purchased 1,998,400 Class A Shares through open market purchases on the TSX and 5,951,806 Class A Shares through open market purchases on the NYSE as of May 18, 2021. The weighted average price that Brookfield paid per Class A Share acquired under this bid was $38.59. Brookfield will enter into an automatic purchase plan on or about the week of June 21, 2021 in relation to the normal course issuer bid.
WTI

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06:52 EDT W&T Offshore transfers Mobile Bay assets for $215M cash proceeds - W&T Offshore has enhanced its capital structure by entering into a transaction with its wholly-owned special purpose vehicles and Munich Re Reserve Risk Financing. In this transaction, the ompany transferred 100% of its Mobile Bay Area producing assets and related gas treatment facilities to the SPVs in return for the net cash proceeds from a $215M first-lien non-recourse term loan to the SPVs provided by MRRF. Through its 100% ownership in the SPVs, W&T retains the upside value in the Mobile Bay Assets. A portion of the proceeds to the company from the transaction were used to repay the $48M outstanding balance on its reserve-based lending facility and to enter into commodity hedging contracts related to the anticipated future production of the Mobile Bay Assets. The majority of the proceeds to W&T are expected to be used for general corporate purposes, including oil and gas acquisitions, development activities, and other opportunities to grow W&T's broader asset base. The company anticipates an adjustment to its borrowing base under its RBL as a result of the transfer of the Mobile Bay Assets to the SPVs. Key terms of the transaction include: a $215M first-lien secured term loan that is non-recourse to W&T and is amortized over seven years at a fixed interest rate of 7%; W&T continuing to operate the assets under a Master Services Agreement which provides flexibility to continue its drilling and completions program in the area; and Excess cash flows from the Mobile Bay Assets, after debt-service and administrative costs, and subject to meeting certain conditions, being distributed to W&T.
UPS

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06:50 EDT InterCure initiates special home delivery service in collaboration with UPS - As demand for medical cannabis products during the military conflict in Israel remains solid, the company initiated a medical cannabis home delivery program in collaboration with UPS. For the first time, patients in Israel can order InterCure's high-quality branded products directly to their home with same day delivery using UPS's world renowned carrier service.
LLY

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06:50 EDT Eli Lilly announces SURPASS-4 clinical trial meets primary, secondary endpoints - Tirzepatide led to superior A1C and body weight reductions from baseline across all three doses in adults with type 2 diabetes who have increased cardiovascular, or CV, risk compared to titrated insulin glargine in topline results from Eli Lilly and Company's SURPASS-4 clinical trial. For the efficacy estimandi, the highest dose of tirzepatide led to an A1C reduction of 2.58% and reduced body weight by 11.7 kg compared to results for those treated with insulin glargine at 52 weeks. The overall safety profile of tirzepatide was consistent with the glucagon-like peptide-1, or GLP-1, receptor agonist class in this patient population. Gastrointestinal side effects were the most commonly reported adverse events, usually occurring during the escalation period and then decreasing over time. SURPASS-4 is the largest and longest trial of the program to date and is the fifth and final global registration study for tirzepatide in type 2 diabetes to be completed. The study completion was driven by the accrual of major adverse cardiovascular events, or MACE, in order to meet the regulatory submission requirements for evaluating CV risk for type 2 diabetes therapies. The primary endpoint was measured at 52 weeks, and many participants continued treatment beyond 52 weeks, some up to two years. A CV safety meta-analysis was conducted across the clinical program once the predefined number of MACE events occurred. The meta-analysis consisted of 116 participants with adjudicated MACE-4, a composite endpoint of death from cardiovascular or undetermined causes, myocardial infarction, stroke and hospitalization for unstable angina. Comparing pooled tirzepatide versus pooled comparators, a hazard ratio of 0.81 was attained. SURPASS-4 contributed the majority of the MACE-4 events for the CV safety meta-analysis, and within SURPASS-4, a hazard ratio of 0.74 was observed. Lilly intends to submit the full registration package to regulatory authorities by the end of 2021.
BJ

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06:48 EDT BJ's Wholesale reports Q1 digitally-enabled sales growth of 31% - Digitally-enabled sales growth was 31%, reflecting a two-year stacked comp growth of 381% for the first quarter of fiscal 2021. Adjusted EBITDA increased 4.4% year-over-year to $202.4M. Net cash provided by operating activities was $249M and free cash flow was $190.9M.
WMS

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06:47 EDT Advanced Drainage authorizes $250M stock repurchase program - Advanced Drainage has approved a $250M increase in the company's existing stock repurchase program. The company is now authorized to repurchase up to $292M in shares of the company's common stock, inclusive of the $42M previously available for repurchase under the program. As of May 18, the company had 71,591,660 shares of common stock outstanding.
BJ

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06:46 EDT BJ's Wholesale not providing 'formal detailed guidance' - "Given the level of uncertainty associated with the evolution of the pandemic and consumer behavior, fiscal 2021 remains difficult to forecast," said Laura Felice, Executive Vice President, CFO, BJ's Wholesale Club. "As a result, we will continue to refrain from offering formal detailed guidance."
MRK

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06:46 EDT Merck: V114 met primary endpoints in two trials of Phase 3 pediatric program - Merck announced V114, the company's investigational 15-valent pneumococcal conjugate vaccine, met its primary immunogenicity and safety endpoints in two trials of the V114 Phase 3 pediatric clinical program. These data support the potential use of V114 in healthy infants who may have previously started a pneumococcal vaccination series with the currently available 13-valent pneumococcal conjugate vaccine, and in a catch-up setting for healthy children who were either pneumococcal vaccine-naive or who previously received a full or partial regimen with lower valency pediatric pneumococcal conjugate vaccines. In the PNEU-DIRECTION interchangeability study in healthy infants 42-90 days of age, immune responses in those who received a four-dose series of PCV13, and those who received a mixed dose schedule of PCV13 followed by V114, were generally comparable for the 13 serotypes, or strains of pneumococcal disease, targeted by both vaccines. In the PNEU-PLAN catch-up study, immune responses were generally comparable to PCV13 for the 13 shared serotypes when V114 was used as a catch-up regimen in healthy children 7 months to 17 years of age who were either pneumococcal vaccine-naive or who previously received a partial or full regimen of a licensed pediatric PCV.
WMS

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06:46 EDT Advanced Drainage increases dividend 22% to 11c per share - Advanced Drainage has approved a quarterly cash dividend to its shareholders in the amount of 11c per share, an increase of 2c per share, or 22%, over the prior quarter. The quarterly cash dividend of 11c per share will be paid on June 15 to shareholders of record at the close of business on June 1.
BRBS

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06:36 EDT Blue Ridge Bankshares and Aeldra Financial launching Aeldra neobank - Blue Ridge Bankshares' national bank subsidiary Blue Ridge Bank announced a partnership with Aeldra Financial, a Silicon Valley-based financial technology company, to launch a mobile neobank called Aeldra. The neobank bank will target customers in BRICS-Plus countries who have cross-border banking needs in the U.S. Aeldra is a financial services company and banking services are provided by Blue Ridge Bank. Aeldra offers interest-bearing accounts with debit cards and mortgage loans, all of which are backed by Blue Ridge Bank's traditional financial infrastructure.
SPCE

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06:32 EDT Virgin Galactic confirms upcoming test flight of VSS Unity on May 22 - Virgin Galactic Holdings confirmed that the next rocket-powered test flight of SpaceShipTwo Unity will be conducted on May 22, pending weather and technical checks. This follows the completion of a maintenance review of VMS Eve, the mothership jet aircraft designed to carry SpaceShipTwo to an altitude of approximately 50,000 feet. The upcoming VSS Unity test flight will be crewed by two pilots and will carry research payloads as part of the NASA Flight Opportunities program. A key objective of the upcoming flight will be to test the remedial work that has been completed on VSS Unity to lower the EMI levels experienced on the December 12, 2020 flight when the onboard computer halted ignition of the rocket motor. The flight will also incorporate all original test objectives, including assessment of the upgraded horizontal stabilizers and flight controls during the boost phase of the flight, evaluating elements of the customer cabin, and testing the live stream capability from the spaceship to the ground. Following this May flight, and in line with normal procedures, the team will complete an extensive data review, which will inform the next steps in the test flight program.
LB

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06:28 EDT L Brands sees 'significant' growth vs. 2019 - The remainder of the year will present more challenging comparisons to last year, L Brands said, although it does expect significant growth versus 2019.
LB

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06:28 EDT L Brands sees FY21 CapEx $400M-$450M, up $50M vs. previous forecast
LB

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06:27 EDT L Brands sees Q2 gross margin in the low 40s, SG&A about flat to 2019
LB

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06:27 EDT L Brands 'pleased' with May results to-date
LB

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06:25 EDT L Brands: Q1 sales positively impacted by stimulus payments by $125M - In commentary released along with its earnings report, L Brands estimated that Q1 sales were positively impacted by stimulus payments by approximately $125M, with a positive impact to operating income of approximately $80M.
GTH JD

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06:19 EDT Genetron partners with JD.com's JD Health for full-cycle cancer management - Genetron (GTH) announced a strategic partnership with JD Health, a subsidiary of JD.com (JD). The two companies aim to create innovative solutions for full-cycle cancer management. The partnership encompasses both online and offline components, and focuses on six key areas: consumer healthcare, digitization of liver disease management, government medical associations, sharing of customer screening resources, industry and user education, and consolidation of oncology doctors and experts on a single platform. The first phase of the partnership will focus on liver and lung cancer. The company will cooperate with JD Health to cover early cancer screening, molecular profiling, therapy selection, and drug resistance monitoring, leveraging the company's HCCscreen liquid biopsy product for hepatocellular carcinoma and its NMPA-approved 8-gene lung cancer detection kit. In May and June, the company and JD Health will launch a series of HCCscreen marketing and educational activities for people at high risk of developing liver cancer.
KBR

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06:12 EDT KBR awarded contract to support FLNG facility in Nigeria - KBR has announced it will be supporting the development of Nigeria's first ever Floating Liquefied Natural Gas, or FLNG, facility, enabling economic growth and sustainability of the country's future energy supplies. The award, by UTM Offshore Limited, builds on over 40 years of KBR's continuous LNG experience and depth of FLNG capabilities. Acting as owner's engineers, KBR will be responsible for a multi-disciplined due diligence review of the pre-front end engineering design, being completed by Japanese engineering company JGC. UTM Offshore is leading the development of the 1.2M tons per annum FLNG facility in collaboration with LNG Investment Management Services, a subsidiary of Nigeria National Petroleum Corporation.
INCY TAK

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06:12 EDT Incyte's ponatinib meets primary endpoint in Phase 2 trial for leukemia - Incyte (INCY) announced that data from the primary analysis of the Phase 2 OPTIC trial will be presented during an oral session at the 2021 American Society of Clinical Oncology Meeting June 4-8. The OPTIC trial - an ongoing, study prospectively evaluating response-based dosing regimens of ponatinib over a range of three starting doses followed by dose reduction to 15mg with the aim of optimizing efficacy and safety in patients with chronic-phase chronic myeloid leukemia who are resistant to prior tyrosine kinase inhibitor therapy - met its primary endpoint. The trial, sponsored by Takeda (TAK) and co-funded by Incyte, evaluated treatment in patients with resistant disease, with and without mutations. The results show that the optimal benefit-risk profile for ponatinib in patients with CP-CML was achieved with a starting dose of 45mg/day, and upon response, dose reduction to 15mg/day. The results also suggest a clinically-manageable safety profile for ponatinib. The 30mg/day and 15mg/day starting dose cohorts also demonstrated benefit. Rates of arterial occlusive events observed at the time of primary analysis suggest a clinically manageable safety profile. The most common treatment-emergent adverse events Grade 3 or greater were thrombocytopenia - 27% -, neutropenia - 17% - and anemia - 7% -. Incyte has an exclusive license from Takeda Pharmaceuticals to commercialize ponatinib in the EU and 29 other countries. Iclusig is marketed in the U.S. by Millennium Pharmaceuticals, a wholly owned subsidiary of Takeda Pharmaceutical.
MCD

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06:10 EDT Neuberger Berman to oppose reelection of McDonald's board member Richard Lenny - Institutional investor Neuberger Berman said it will not vote for the reelection of McDonald's board member Richard Lenny, who was chair of the compensation committee that awarded former CEO Steve Easterbrook more than $44M after he was terminated in 2019 for having a consensual sexual relationship with an employee. Neuberger Berman said: "In this case, we have concerns related to the nature of former CEO Easterbrook's termination and severance package. Although the Board determined that Mr. Easterbrook violated company policy, the terms of his separation agreement granted him termination without cause treatment for all equity awards. As chair of the compensation committee, we believe Mr. Lenny failed to enforce the company policy violated by Easterbrook by not applying termination for cause treatment for all equity awards and has set a poor precedent for future matters. For these reasons, we intend to oppose the reelection of Mr. Richard H. Lenny." Reference Link
TGI

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06:04 EDT Triumph Group reports Q4 backlog of $1.9B - The company said, "Backlog, which represents the next 24 months of actual purchase orders with firm delivery dates or contract requirements, was $1.9 billion, down as expected compared to the prior year period and on a sequential basis due to divestitures, sunsetting programs and recent production rate reductions, but partially offset by military program increases in Systems & Support. For the fourth quarter of fiscal year 2021, cash flow provided by operations was $22.8 million, reflecting improved working capital and operating margins and which included liquidation of approximately $10.0 million in prior period advances against current period deliveries."
AXNX

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06:03 EDT Axonics receives FDA approval further expanding MRI labeling - Axonics has received FDA approval allowing the use of detachable extremity coils for patients undergoing 1.5T and 3.0T MRI scans. The FDA previously approved 1.5T and 3.0T MRI conditional labeling for using head and full-body transmit coils for the implantable components of the Axonics r-SNM system.
BNTX PFE

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06:03 EDT Pfizer and BioNTech to supply Turkey with 60 million doses of COVID-19 vaccine - Pfizer (PFE) and BioNTech (BNTX) announced that the BioNTech Europe GmbH has entered into an agreement with Turkey's Ministry of Health to supply 60 million additional doses of the companies' COVID-19 vaccine, with an option for an additional 30 million doses. On December 25, 2020, the two companies reported an initial agreement to provide 30 million doses of the Pfizer-BioNTech vaccine to Turkey. This second supply agreement brings the total number of doses to be supplied to Turkey to up to 120 million, all of which will be delivered in 2021. The vaccine, which is based on BioNTech's proprietary mRNA technology, was developed by both BioNTech and Pfizer. BioNTech is the Marketing Authorization Holder in the European Union, and the holder of emergency use authorizations or equivalent in the U.S. - jointly with Pfizer -, United Kingdom, Canada and other countries in advance of a planned application for full marketing authorizations in these countries.
APO ATH

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06:02 EDT Apollo Global co-founder Josh Harris to step down from day to day role - Apollo Global Management (APO) announced that Co-Founder Josh Harris has decided to step down from his day-to-day role at the firm to return to his roots as an investor and entrepreneur. Harris will continue to serve on Apollo's Board of Directors and Executive Committee of the Board. The effective date of Harris' transition will coincide with Apollo's combination with Athene (ATH) expected to close in the first quarter of 2022. Harris will focus on continuing to build his multi-asset-class investing business and HBSE, a sports and entertainment company, as well as growing his family's foundation. Harris said in a statement: "After nearly 31 years at Apollo, it is time for me to start the next chapter of my career, where I will focus full-time on the platforms I've created outside of the firm as well as deepen my commitment to philanthropy and social impact."
SPGI

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05:36 EDT S&P Global announces IEA to use its LNG service - S&P Global Platts announced that the International Energy Agency, or IEA, will use its Liquified Natural Gas, or LNG, service that provides LNG prices as well as data on LNG shipping and LNG plant outages.
YALA

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05:35 EDT Yalla comments on short reports - Yalla announced that it became aware of certain short attack reports. The company said, "The reports contain numerous errors and distorted, misleading and unsubstantiated claims regarding the Company. The Company firmly denies any allegation or claim suggesting that the Company did not provide true and accurate public disclosure about its business and financial performance. The Company stands firmly by the accuracy and appropriateness of its audited financial statements and other public disclosure filed with the Securities and Exchange Commission and otherwise publicly disclosed to its investors.The Company believes these short attacks were purposefully designed to manipulate the price of the Company's shares, with the aim of causing a stock price decline in order to economically benefit the short sellers, to the detriment of the Company's public shareholders. These short attack reports also illustrated their authors' lack of understanding of the Company's business model and the feelings and sentiments of the Company's user community. Yalla will consider any necessary and appropriate course of action to protect the interest of the Company and all of its shareholders, as well as its users, employees and other stakeholders. The Company emphasizes that it has always been and will remain committed to maintaining high standards of corporate governance and internal control, as well as transparent and timely disclosure in compliance with the applicable rules and regulations of the Securities and Exchange Commission and the New York Stock Exchange."
SRNE

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05:32 EDT Sorrento Therapeutics announces first patient treated in Enbrel study - Sorrento Therapeutics announced that the first patient has been treated in a Phase 1b proof-of-concept, open-label study to assess the safety and pilot efficacy of Enbrel administered by the Sofusa Lymphatic Delivery System for the treatment of Rheumatoid Arthritis.
RUN F

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05:31 EDT Sunrun announces partnership with Ford to install intelligent backup power - Sunrun (RUN) announced its partnership with Ford (F) to serve as the preferred installer for Ford intelligent backup power, debuting on the all-electric F-150 Lightning. Sunrun will facilitate installation of the 80-amp Ford Charge Station Pro and home integration system. With Ford intelligent backup power, enabled by the available 80-amp Ford Charge Station Pro and home integration system, the F-150 Lightning can serve as a home backup energy source by dispatching power to the home during a power outage event. Through this partnership, customers will also be provided with the opportunity to install a solar and battery system on their home, enabling them to power their household with affordable energy and charge their F-150 Lightning with the power of the sun.
OBSV

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05:25 EDT ObsEva announces final results from PRIMROSE 1 clinical study of Yselty - ObsEva announced final 76-week results from the PRIMROSE 1 clinical study of Yselty, in development for the treatment of women with heavy menstrual bleeding due to uterine fibroids. These results mark the final data measuring point for both the Phase 3 PRIMROSE 1 and PRIMROSE 2 studies. The PRIMROSE 1 and PRIMROSE 2 trials evaluated 100 mg and 200 mg doses with and without ABT. If approved, Yselty will be the only GnRH antagonist with flexible dose options that addresses the needs of three distinct groups of women suffering from uterine fibroids: 100 mg once daily for women with a contraindication to, or preference to avoid, hormonal ABT, 200 mg once daily with concomitant ABT for long-term use and 200 mg once daily for short-term use. The PRIMROSE 1 post-treatment results are consistent with findings from the PRIMROSE 2 study, showing that off-treatment pain scores remained lower than baseline across all treatment arms. Improvements in other clinically relevant secondary endpoints, including hemoglobin levels and quality of life also persisted off-treatment, supporting the durability of the treatment effect of Yselty. Furthermore, as observed in PRIMROSE 2, the PRIMROSE 1 DXA results at Week 76 showed evidence of BMD recovery for patients treated with both the 100 mg and 200 mg+ ABT doses.
NGG

Hot Stocks

05:22 EDT National Grid, RWE Renewables sign agreement to develop offshore wind projects - National Grid and RWE Renewables, or RWE, announced the signing of a partnership agreement to jointly develop offshore wind projects in the coastal region of the Northeast U.S. With this agreement, National Grid Ventures, the non-regulated division of National Grid, and RWE will be working together to explore opportunities in the Northeast U.S. offshore wind market. This includes an intention to jointly bid in the upcoming New York Bight seabed lease auction.
LBTYA TEF

Hot Stocks

05:20 EDT Liberty Global, Telefonica announce final approval of Virgin Media-O2 JV - The UK's Competition & Markets Authority, or CMA, announced its final approval of the 50:50 joint venture, or JV, between Liberty Global (LBTYA) and Telefonica (TEF) to combine Virgin Media and O2. The CMA cleared the transaction without remedies and now all regulatory conditions are met in alignment with the original terms and the transaction is now expected to close by June 1. Liberty Global and Telefonica announced the joint venture last May, bringing together Virgin Media and O2. The joint venture is expected to deliver synergies valued at EUR 6.2B on a net present value basis after integration costs and will create a nationwide integrated communications provider with EUR 11B of revenue. Liberty Global and Telefonica announced last month the appointment of Lutz Schuler as CEO and Patricia Cobian as CFO of the combined company upon completion of the transaction. Schuler is currently CEO of Virgin Media and Cobian is CFO at O2.
BEKE

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05:13 EDT KE Holdings announces passing of chairman Zuo Hui - The company released the following statement on chairman Zuo Hui: "It is with profound sadness that KE Holdings announces that Mr. ZUO Hui, the founder and chairman of the board of directors of the Company, passed away on May 20, 2021 due to unexpected worsening of illness. Mr. ZUO was a visionary leader since the Company's inception. Through his leadership, drive and determination to lead change, Mr. ZUO helped shape the Company into the leading platform it is today. He led the Company to execute his strong vision in building and launching our Beike platform, pioneering the creation of ACN, continuously investing in talents and technologies, and propelling the evolvement of the housing transaction and service industry. The directors and employees of the Company are saddened by the passing of Mr. ZUO. They extend their deepest condolences to Mr. ZUO's family." The board of directors of the company will make appropriate arrangements for corporate governance and related matters and make an announcement in due course within two weeks.
J

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05:09 EDT Jacobs Engineering announces agreement to expand role at Hinkley Point C - Jacobs has signed a partnership agreement with NNB Generation, which is building the Hinkley Point C nuclear power station in Somerset, U.K. The agreement outlines that Jacobs will remain a strategic partner on the $30B project until the station is commissioned and confirms Jacobs' status as a preferred supplier in agreed areas of scope and support. It is the first time that NNB Genco, majority owned by Electricite de France, has signed a partnership agreement with a professional services provider and it paves the way for similar agreements for HPC and its wider supply chain. Jacobs has been closely involved with the Hinkley Point C project since the outset, and will continue supporting licensing and permitting applications to U.K. regulators and acting as delivery partner for program, project and construction management services on the earthworks, main civil works, marine works and heat sink systems. Jacobs also provides a broad range of specialist engineering and technical services, including equipment qualification for IT and telecommunications systems, HVAC dampers, sensors, thermocouples, polar crane, and smart devices and their associated software. Jacobs' Inspection Validation Centre in Warrington, U.K. is the project's sole supplier of independent assessment and assurance for all aspects of non-destructive testing inspection qualification.
BNTX PFE

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05:05 EDT BioNTech, Pfizer to supply EU with up to 1.8B additional COVID-19 vaccine doses - Pfizer (PFE) and BioNTech SE (BNTX) announced a new agreement with the European Commission, or EC, to supply 900M doses of Comirnaty, the companies' COVID-19 vaccine, to the European Union, or EU, with an option for the EC to request up to an additional 900M doses. This new agreement is in addition to the 600M doses that have already been committed to the EU through 2021. The additional 900M agreed doses are expected to be delivered on a monthly schedule beginning December and continuing into 2023. As part of the agreement, the EC also has an option to increase the number of doses delivered by up to an additional 900M, bringing the total number of potential doses delivered to the EC, inclusive of all agreements, to up to 2.4B. All doses for the EC are planned to be manufactured in the EU.