Stockwinners Market Radar for June 01, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

INT

Hot Stocks

19:59 EDT World Fuel Services CEO buys 10K shares of common stock - In a regulatory filing, World Fuel Services disclosed that its CEO Michael Kasbar bought 10K shares of common stock on May 27th in a total transaction size of $314K, boosting his stake by about 1%.
INCY...

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19:49 EDT Eli Lilly to present data that Olumiant improved conditions in RA - The company states: "Eli Lilly (LLY) and Incyte (INCY) will present data from post-hoc analyses that suggested OLUMIANT, or baricitinib, 4 mg tablet reduced pain and duration of morning joint stiffness, and improved overall physical function at 12 weeks, among patients with moderate to severe rheumatoid arthritis, or RA, compared to HUMIRA, or adalimumab, and placebo. These results are being presented at the virtual Annual European Congress of Rheumatology, June 2-5, 2021. In a post-hoc analysis of the Phase 3 RA-BEAM study, patients treated with OLUMIANT 4 mg saw greater improvements in pain relief and physical function, as well as reduced duration of morning joint stiffness, at 12 weeks compared to HUMIRA and placebo. These differences in pain relief were not influenced by disease activity during treatment. In this analysis, improvements in fatigue with OLUMIANT 4 mg were greater than with placebo and similar to HUMIRA after 12 weeks of treatment. Safety results were consistent with the established safety profile for OLUMIANT in patients with RA."
ABBV LLY

Hot Stocks

19:48 EDT Eli Lilly to present data that Olumiant improved conditions in RA - The company states: "Eli Lilly (LLY) and Incyte (INCY) will present data from post-hoc analyses that suggested OLUMIANT, or baricitinib, 4 mg tablet reduced pain and duration of morning joint stiffness, and improved overall physical function at 12 weeks, among patients with moderate to severe rheumatoid arthritis, or RA, compared to HUMIRA, or adalimumab, and placebo. These results are being presented at the virtual Annual European Congress of Rheumatology, June 2-5, 2021. In a post-hoc analysis of the Phase 3 RA-BEAM study, patients treated with OLUMIANT 4 mg saw greater improvements in pain relief and physical function, as well as reduced duration of morning joint stiffness, at 12 weeks compared to HUMIRA and placebo. These differences in pain relief were not influenced by disease activity during treatment. In this analysis, improvements in fatigue with OLUMIANT 4 mg were greater than with placebo and similar to HUMIRA after 12 weeks of treatment. Safety results were consistent with the established safety profile for OLUMIANT in patients with RA."
AMC

Hot Stocks

19:32 EDT AMC Entertainment extends afterhours gains, up 20% at $38.46
LLY

Hot Stocks

19:03 EDT Eli Lilly says Taltz showed long-term improvement in Phase 3 study - Eli Lilly and Company will present new data from Phase 3 studies that further demonstrated the long-term efficacy and safety profile of Taltz among patients with axial spondyloarthritis. These results are being presented at the virtual Annual European Congress of Rheumatology, June 2-5, 2021. AxSpA is recognized as a single disease entity, with two subtypes which are defined depending on the presence or absence of defined structural damage of the sacroiliac joints on plain x-ray films as per the modified New York criteria. In COAST-Y, Taltz showed consistent and sustained long-term improvements in signs and symptoms, functionality and quality of life in patients with r- and nr-axSpA. In this study, more than half of patients treated continuously with Taltz through two years achieved Assessment of SpondyloArthritis international Society 40% response. An analysis of two Phase 3 studies in r-axSpA and the long-term extension trial, found that 9 out of 10 patients treated with Taltz did not show radiographic progression for up to two years, as measured by mean change from baseline of modified Stoke Ankylosing Spondylitis Spinal Score less than2. Overall mean rates of progression were low among patients treated with Taltz. These results were similar among patients who were previously treated with anti-TNF therapy and those who had not previously been treated with a biologic.
TSN

Hot Stocks

18:32 EDT Tyson Foods debuts plant-based products brand First Pride in Asia Pacific - Tyson Foods is launching a new line of plant-based products in select retail markets and e-Commerce across Asia Pacific under the brand, First Pride. This is the first time the company has introduced plant-based products in Asia, as it works to make protein more accessible and affordable for more people around the world. Tyson Foods is initially launching the products in Malaysia and will roll them out to other markets in the region in the coming months. "We're thrilled to offer Asia Pacific consumers more high-quality protein choices as they explore flexitarian diets," said Tan Sun, president, Tyson Foods APAC. "The Asian market is a natural fit for this category with traditional plant-based products like tofu already entrenched in the culture. The key to meeting consumer preferences with new plant-based protein is through innovation and making locally relevant products that taste great, which is our expertise.
A

Hot Stocks

18:23 EDT Agilent general counsel Tang sells over 13,000 common shares - In a regulatory filing, Agilent Technologies general counsel Michael Tang disclosed the sale of 13,465,275 common shares of the company on May 27 at a price of $136.154 per share.
AMZN...

Hot Stocks

18:21 EDT Amazon to actively support federal legislation to legalize marijuana - Amazon said it is adjusting its drug testing policy. "In the past, like many employers, we've disqualified people from working at Amazon if they tested positive for marijuana use," said Amazon Worldwide Consumer CEO Dave Clark. "However, given where state laws are moving across the U.S., we've changed course. We will no longer include marijuana in our comprehensive drug screening program for any positions not regulated by the Department of Transportation, and will instead treat it the same as alcohol use. We will continue to do impairment checks on the job and will test for all drugs and alcohol after any incident. And because we know that this issue is bigger than Amazon, our public policy team will be actively supporting The Marijuana Opportunity Reinvestment and Expungement Act of 2021 (MORE Act)-federal legislation that would legalize marijuana at the federal level, expunge criminal records, and invest in impacted communities. We hope that other employers will join us, and that policymakers will act swiftly to pass this law." Publicly traded companies in the space include Acquired by TLRY (APHA), Aurora Cannabis (ACB), CV Sciences (CVSI), CannTrust Holdings (CNTTF), Canopy Growth (CGC), Cronos Group (CRON), General Cannabis (CANN), India Globalization Capital (IGC), Tilray (TLRY), Trulieve Cannabis (TCNNF) and Zynerba (ZYNE). Reference Link
LNDC

Hot Stocks

18:08 EDT Landec sells investment in Windset Holdings for $45.1M - Landec announced that it has completed the sale of all of its equity interests in Windset Holdings to affiliates of the founding and controlling investors of Windset for a purchase price of $45.1M, which is equal to the carrying value on Landec's balance sheet as of the fiscal third quarter ended February 28, 2021.
LIND

Hot Stocks

18:06 EDT Lindblad Expeditions CEO buys 36.5K shares of common stock - In a regulatory filing, Lindblad Expeditions disclosed that its CEO Dolf Berle bought 36.5K shares of common stock on May 27th in a total transaction size of $636K. Shares of Lindblad Expeditions are up over 4% at $17.89 in after-hours trading.
SFT

Hot Stocks

18:05 EDT Shift CFO buys 10K shares of common stock - In a regulatory filing, Shift disclosed that its CFO Oded Shein bought 10K shares of common stock on May 27th in a total transaction size of $70K.
WORX

Hot Stocks

18:04 EDT SCWorx announces compliance with Nasdaq listing standards - SCWorx announced that it has regained compliance with The Nasdaq Stock Market's continued listing requirements regarding annual stockholder meetings and periodic reporting. In a letter dated May 25, 2021, Nasdaq indicated that SCWorx has regained compliance with its continued listing requirements for periodic reporting as a result of the filing of the Company's Annual Report on Form 10-K for the year ended December 31, 2020. In addition, the Company received a letter from Nasdaq on May 27, 2021 indicating that it has regained compliance with the annual meeting requirement as a result of having completed its Special Meeting in lieu of the Annual Meeting of Stockholders on May 24, 2021. At this time, all deficiencies of which the Company has been notified have been rectified, and Nasdaq considers these matters closed. As such, SCWorx's common stock continues to be listed and trading on Nasdaq under the symbol "WORX". In addition, the Board of Directors of SCWorx announced that Tim Hannibal, the Company's President and COO, has been promoted to Chief Executive Officer of the Company Mr. Hannibal originally joined the company as Chief Revenue Officer in late 2016. Prior to SCWorx Mr. Hannibal was Founder, President and CEO of a Software-as-a-Service company, VaultLogix, for 13 years.
IDXX

Hot Stocks

18:03 EDT Idexx Laboratories senior VP Turner sells 2,000 common shares - In a regulatory filing, Idexx Laboratories' senior VP Kathy Turner disclosed the sale of 2,000 common shares of the company on May 28 at a price of $558.4421 per share.
DKS

Hot Stocks

18:01 EDT Dick's Sporting vice chairman sells 96K shares of common stock - In a regulatory filing, Dick's Sporting disclosed that its Vice Chairman William Colombo sold 96.1K shares of common stock on May 27th in a total transaction size of $9.6M, reducing his stake by 37%.
RNG

Hot Stocks

17:49 EDT RingCentral director Theis sells 2,000 class A shares - In a regulatory filing, RingCentral director Robert Theis disclosed the sale of 2,000 class A common shares of the company on May 27 at a price of $260.66 per share.
SLCT

Hot Stocks

17:45 EDT Select Bancorp trading resumes
ZM

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17:32 EDT Zoom Video up 3.9% after reporting better-than-expected Q1 earnings, guidance
TCPC

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17:22 EDT BlackRock TCP Capital announces retirement of CEO Howard Levkowitz - BlackRock TCP Capital Corp. announced that Rajneesh Vig will succeed Howard Levkowitz as chairman and CEO and Phil Tseng will assume the roles of President and COO. Howard Levkowitz, a co-founder of TCP, announced that he will be retiring from his role as CEO of BlackRock TCP Capital Corp. on August 5 and as a director and chairman of the board on September 30. Howard will serve as chairman of BlackRock's US Private Capital business until the end of the year. Raj Vig will assume the role of CEO on August 5 and chairman on September 30. Phil Tseng will assume the role of COO on August 5 and president on September 30.
HPE

Hot Stocks

17:21 EDT HP Enterprise falls over 2% to $15.75 after Q2 earnings and guidance
FDS

Hot Stocks

17:19 EDT FactSet CEO Snow sells over $800K in company shares - FactSet CEO Phillip Snow disclosed in a filing that he had sold 2,500 shares of company stock at $334.90 per share on June 1, for a total transaction amount of $837,250.
LACQ

Hot Stocks

17:17 EDT Leisure Acquisition receives suspension notification from Nasdaq - Leisure Acquisition announced that on June 1, Nasdaq notified LACQ that trading in the Company's securities on Nasdaq will be suspended effective with the open of the market on Thursday, June 3 due to the Company's failure to complete an initial business combination by June 1 which date the notice stated represented the full extent of the Nasdaq Hearing Panel's discretion in this matter. The Company expects that its securities will be immediately eligible to trade on the OTC Markets system on Thursday, June 3. A
FBNC SLCT

Hot Stocks

17:17 EDT First Bancorp to acquire Select Bancorp for $18.10 per share - First Bancorp (FBNC) and Select Bancorp (SLCT) announced the signing of a definitive merger agreement under which First Bancorp will acquire Select in an all-stock transaction with a total current value of approximately $314.3M, or $18.10 per share, based on First Bancorp's stock price as of May 28. The merger agreement has been unanimously approved by the boards of directors of each company. The transaction is expected to close in Q4 of 2021 and is subject to customary conditions, including shareholder and regulatory approval.
SLCT

Hot Stocks

17:10 EDT Select Bancorp trading halted, news pending
NSYS

Hot Stocks

17:03 EDT Nortech Systems announces CEO and CFO to adopt two 10b5-1 trading plans - Nortech Systems announced that CEO Jay D. Miller and CFO Chris Jones have each adopted a prearranged trading plan under Rule 10b5-1 of the SEC Act of 1934 to purchase shares of Nortech's common stock on the open market. Rule 10b5-1 permits officers and directors of public companies to adopt predetermined plans for purchasing or selling specified amounts or value of stock. Miller and Jones' purchase transactions will be reported via SEC Form 4 filings.
DMYI

Hot Stocks

17:02 EDT dMY Technology Group, Inc. III receives NYSE notice over delayed 10-Q filing - dMY Technology Group, Inc. III announced that it received a notice from the New York Stock Exchange 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 Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the Securities and Exchange Commission. The notice has no immediate effect on the listing of the Company's stock on the NYSE. The NYSE informed the company that, under the NYSE's rules, the company can regain compliance with the NYSE's continued listing requirements by filing the Q1 2021 Form 10-Q with the SEC at any time prior to November 24, 2021.
NSTD

Hot Stocks

17:01 EDT Northern Star Investment Corp. IV receives noncompliance notice from NYSE - Northern Star Investment Corp. IV announced that on May 25, 2021, it received a letter from the New York Stock Exchange advising the company that the company did not comply with Section 802.01E of NYSE's Listed Company Manual for continued listing because NYSE had not received the company's Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021. On April 12, 2021, the Staff of the U.S. Securities and Exchange Commission issued the "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies, which clarified guidance for all SPAC-related companies regarding the accounting and reporting for their warrants. As a SPAC, the company has been re-evaluating the accounting treatment of its warrants as equity, and determining whether, based on the SEC Statement, such warrants should be, and should previously have been, classified as liabilities measured at fair value, with non-cash fair value adjustments recorded in earnings at each reporting period. Because the company does not have full-time accounting and administrative staff, it is reliant on third-party accountants to perform this evaluation in order to inform the company's determination. The SEC Statement has given rise to significantly increased demand for the services of third-party accountants, delaying resolution of this issue and finalization of the Form 10-Q.
SLNG

Hot Stocks

17:00 EDT Stabilis Energy acquires LNG production facility - Stabilis announced that it has completed the acquisition of an LNG production facility in Port Allen, Louisiana from HR Nu Blu Energy. Terms of the acquisition were not disclosed. The Port Allen facility is strategically located in the eastern Gulf Coast region and will support some of Stabilis' largest customers. Built in 2018, the facility has nameplate production capacity of 30,000 LNG gallons per day which increases Stabilis' total nameplate production capacity by approximately 30%. Stabilis believes that it will be able to sell all of the facility's capacity immediately with contracts from existing customers. Stabilis projects that the acquisition will be immediately accretive to earnings. Incremental annual EBITDA is projected to be $2.5M-$3M.
TYHT

Hot Stocks

16:40 EDT Shineco unaware of reason for stock volatility - Shineco announced in response to unusual market activity, and after speaking with its officers, directors, major shareholders and other relevant persons, that it is unaware of the reason behind recent stock price volatility. The company confirms that there is no corporate development relating to its business and affairs that has not been previously announced.
MITO

Hot Stocks

16:34 EDT Stealth Biotherapeutics announces elamipretide received ODD from EMA - Stealth BioTherapeutics announced that the European Medicines Agency, or EMA, has granted orphan drug designation, or ODD, for elamipretide for the treatment of Barth syndrome, an ultra-rare genetic condition. ODD is granted to investigational therapies intended for the safe and effective treatment of rare diseases with an unmet medical need that affect fewer than 5 in 10,000 people in the European Union. This designation provides companies with certain benefits and incentives including clinical protocol assistance, differentiated evaluation procedures for Health Technology Assessments in certain countries, access to a centralized marketing authorization procedure valid in all EU Member States, and if approved, marketing exclusivity in the EU for 10 years.
RACA

Hot Stocks

16:32 EDT POINT Biopharma receives NRC materials license for Indiana facility - POINT Biopharma Inc. announced that the U.S. Nuclear Regulatory Commission has issued a Materials License for its new production facility located in Indianapolis, Indiana. POINT is currently finishing renovations to its 80,000-square-foot radiopharmaceutical manufacturing center which, when complete, will make it one of the largest, state-of-the-art, Good Manufacturing Practices radioligand manufacturing facilities in the world. The NRC Materials License authorizes the handling of nuclear material in chemical and/or physical form, enabling POINT to begin work with a wide variety of radioisotopes on-site and complete testing and qualification of its operations. "The completion of our Indianapolis facility and scope of this Materials License will enable POINT to quickly bring its drug manufacturing operations online," said Todd Hockemeyer, EVP, US Manufacturing Operations at POINT Biopharma. "Our mission is to make radioligand therapy applicable to more cancers, available to more people, thereby improving the lives of cancer patients and their families everywhere. This Materials License is an important milestone in our journey to deliver on our mission." POINT Biopharma has entered into a definitive merger agreement with Research Alliance Corp. I. Upon closing, the combined company is expected to be listed on Nasdaq under the ticker symbol "PNT". A full description of the terms of the business combination can be found in registration statement on Form S-4 filed with the SEC by RACA.
POST THS

Hot Stocks

16:32 EDT Post Holdings to acquire RTE cereal business of TreeHouse Foods for $85M - Post Holdings (POST) announced that it has acquired the ready-to-eat cereal business of TreeHouse Foods (THS) for $85M, effective June 1. The acquisition includes two facilities located in Lancaster, Ohio and Sparks, Nevada, which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Illinois as well as inventory valued at approximately $30M. The financial results of the acquired RTE cereal business are expected to be reported in the Post Consumer Brands segment and are expected to be modestly dilutive to Post's Adjusted EBITDA for fiscal year 2021 and accretive in fiscal year 2022.
ALSN

Hot Stocks

16:22 EDT Allison Transmission launches next-gen hydraulic fracturing transmission - The company states: "Allison Transmission announced the launch of the Allison FracTran, a revolutionary hydraulic fracturing transmission. Based on current market demand, FracTran will be launched with a rating of 3,300 horsepower and 10,000 lb.-ft. of input torque. However, FracTran is capable of up to 3,500 horsepower with no hardware modifications required. This robust hydraulic fracturing transmission will deliver unparalleled performance in high pressure duty cycles in the harshest of operating environments. Key benefits and specifications of the FracTran include high reliability with a service life up to 25,000 hours, an overhaul that provides a second life without hard parts replacement resulting in low total cost of ownership, and eight ranges available with multiple gear ratio options to meet the unique performance demands of our customers. In addition, the FracTran offers filter and fluid life prognostics, a transmission-mounted control module, torsional measuring diagnostics, and an on-rig telematics gateway."
ALG

Hot Stocks

16:21 EDT Alamo Group expands board and appoints Ronald Robinson as new member - Alamo Group announced that it has expanded the membership of its Board of Directors from seven to eight members and has appointed Jeffery A. Leonard as a new member of the Board, effective June 1. As previously announced, Leonard succeeded Ronald A. Robinson as President and CEO of the Company, effective May 31.
ALL

Hot Stocks

16:19 EDT Allstate to buy SafeAuto for $270M in cash - The Allstate Corporation has agreed to acquire SafeAuto, an auto insurance carrier focused on providing state-minimum private-passenger auto insurance with coverage options in 28 states. Total consideration includes a $270M cash purchase price plus approximately $30M in pre-close dividends of certain non-insurance assets. The transaction is expected to close near the end of the third quarter, subject to regulatory approval and customary closing conditions. The cash purchase of SafeAuto would be immediately accretive to earnings.
MNPR

Hot Stocks

16:17 EDT Monopar Therapeutics announces Andrew Cittadine, COO - Monopar Therapeutics announced the appointment of Andrew Cittadine, MBA, as Chief Operating Officer. In this role, Mr. Cittadine will provide leadership and oversight of Monopar's global operations and business and development strategy.
OCA

Hot Stocks

16:17 EDT Omnichannel Acquisition receives anticipated NYSE notice over report filing - Omnichannel Acquisition Corp. received written notification from The New York Stock Exchange on May 25, 2021 that, because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the Securities and Exchange Commission, the company does not comply with the continued listing requirements under Section 802.01E of the Listed Company Manual, which requires NYSE-listed companies to timely file all periodic reports with the SEC. The NYSE informed the company that the company has six months from the 10-Q filing due date to file the Form 10-Q. The Notice has no immediate effect on the listing or trading of the Company's securities on the NYSE.
NBTX

Hot Stocks

16:17 EDT Nanobiotix names Bart Van Rhijn as CFO - Nanobiotix announced the appointment of Bart Van Rhijn, MBA, as CFO and member of the company's executive board. Mr. Van Rhijn "brings proven capabilities in global financial management, business development and pharmaceutical commercialization as the Company prepares for the planned launch of its second clinical registration study for potential first-in-class radioenhancer NBTXR3 in head and neck cancer, continued development in immunotherapy, and planned expansion across solid tumor types and therapeutic combinations. He succeeds Philippe Mauberna, who will step down from his roles as chief financial officer and executive board member after 8 years of service to the Company. Mr. Mauberna will assume a temporary role to support the organization during transition", the company states.
EW

Hot Stocks

16:16 EDT Edwards Lifesciences announces FDA clearance of Acumen HPI software - Edwards Lifesciences announced that Acumen Hypotension Prediction Index, or HPI, software with the Acumen IQ finger cuff has received FDA clearance. This is the first noninvasive solution that unlocks Acumen HPI software and uses machine learning to alert clinicians of the likelihood a patient is trending toward hypotension, or low blood pressure. Until now, Acumen HPI software has only been available for patients using an invasive arterial line.
MOTV

Hot Stocks

16:16 EDT Motive Capital receives notice of delisting from NYSE - Motive Capital Corp. announced that it received a notice from the New York Stock Exchange on May 25, 2021 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 Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the Securities and Exchange Commission.
AQB

Hot Stocks

16:15 EDT AquaBounty has first harvest of genetically engineered Atlantic salmon - AquaBounty Technologies announced: the successful completion of the first commercial scale harvest of its genetically engineere Atlantic salmon at the Albany, Indiana Farm; the regulatory approval of the Company's GE Atlantic salmon by Brazil's National Biosafety Technical Commission CTNBio; and the addition of Gail Sharps Myers to AquaBounty's Board of Directors. "We are thrilled to commence commercial-scale harvesting of our GE salmon at our Indiana farm," said Sylvia Wulf, Chief Executive Officer of AquaBounty. "The first weeks of our harvest supply are fully committed and our customers are excited to introduce the salmon in their markets. We will continue to ramp up production to the farm's full capacity throughout the course of the year." AquaBounty is also pleased to announce the approval of its application to Brazil's National Biosafety Technical Commission for the sale of the Company's GE Atlantic salmon in Brazil. With this approval, the Company moves closer to realizing an exciting new market opportunity in South America. "This is another significant achievement for AquaBounty as we seek to expand our presence into new international markets," added Wulf. "This approval now enables us to seek production and distribution partners in Brazil, the largest and most populated country in South America with significant demand for salmon."
KODK

Hot Stocks

16:11 EDT Eastman Kodak says NY AG 'wrong on the facts' - Eastman Kodak Company issued the following statement in response to the New York Attorney General: "This morning the New York Attorney General filed an application in New York state court seeking investigative testimony and documents from Kodak. Prior to this filing, the Company repeatedly offered to make witnesses available and the Attorney General repeatedly declined. It is telling that she has now chosen to publicly seek this order asking for the very testimony in which she previously had no interest. Mr. Continenza was not in possession of material non-public information and, contrary to the Attorney General's allegations, his small stock purchase was pre-approved by Kodak's General Counsel during an open trading window in accordance with Kodak's insider trading policy and was subsequently found to be compliant by outside counsel in an independent investigation. Importantly, Mr. Continenza has purchased Kodak stock in virtually every open window period - and has never sold a single share. In addition to being wrong on the facts, the Attorney General's novel and highly problematic legal theory that seeks to impose liability in the absence of intent would have a chilling effect on directors and executives of every public company, who could never invest in their own companies without fear of having good-faith decisions, pre-approved by counsel, second-guessed by regulators and charged as insider trading. We are confident that the facts and the law are on our side and are prepared to present our case in court if there becomes a need to do so."
IRTC

Hot Stocks

16:10 EDT iRhythm CEO Mike Coyle to resign, CFO Douglas Devine to assume interim CEO role - iRhythm Technologies announced that Mike Coyle has decided to resign from his position as president and CEO and a member of the company's board, effective June 1, due to personal matters. Douglas Devine, the company's CFO, has assumed the role of interim CEO while a search for a permanent CEO is conducted. The iRhythm board has formed a CEO search committee and has retained a leading executive search firm to assist in the search process. Coyle has agreed to support a well-ordered transition of his CEO responsibilities and will provide consulting services to iRhythm with a focus on reimbursement matters until a permanent CEO has been named.
HPE

Hot Stocks

16:10 EDT HP Enterprise raises FY21 free cash flow view to $1.2B-$1.5B from $1.1B-$1.4B
ICFI

Hot Stocks

16:10 EDT ICF International awarded $34M contract by N ASA - NASA recently awarded ICF a re-compete contract to provide technical and administrative support to the U.S. Global Change Research Program National Coordination Office. The contract is valued up to $34M, which includes an $8M indefinite delivery, indefinite quantity component. It has a term of five years, including a one-year base and four one-year option periods.
HPE

Hot Stocks

16:10 EDT HP Enterprise says raising guidance to reflect momentum in demand - CEO Antonio Neri says: "Our disciplined execution on our strategic priorities is positively impacting both top and bottom line performance. We are strengthening our core compute and storage businesses, doubling down in our growth Intelligent Edge and HPC businesses and accelerating our pivot to as-a-service, while also advancing our cloud-first innovation agenda to become the edge-to-cloud platform as-a-service choice for our customers and partners. As businesses emerge from the pandemic and move beyond the immediate needs of COVID, digital transformation is at the forefront of their strategic initiatives. Our focus has been to accelerate our strategy in order to help our customers transform their businesses, optimize their applications and data across an increasingly distributed world, and be future ready, today." CFO Tarek Robbiati says: "The overall demand environment is improving, and we are seeing traction across our portfolio. We are once again raising our full-year guidance to reflect the continued momentum in the demand environment and our strong operational performance to date. This marks the third increase in our outlook since our Securities Analyst Meeting last October."
AVTR

Hot Stocks

16:08 EDT Avantor acquires RIM Bio, terms not disclosed - Avantor announced that it has acquired RIM Bio, a China-based manufacturer of single-use bioprocess bags and assemblies for biopharmaceutical manufacturing applications. RIM Bio's Changzhou, China, facility is Avantor's first single-use production plant in the AMEA region, building on the company's existing global single-use manufacturing network in the Americas and Europe and greatly increasing capacity to meet growing global demand in bioprocessing. Avantor will leverage RIM Bio's proprietary technologies and best-in-class lead times to provide single-use customers with a differentiated offering.
VCKA

Hot Stocks

16:07 EDT Vickers Vantage Corp. I receives Nasdaq notification of non-compliance - Vickers Vantage Corp. I announced that on May 28 it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market advising the company that the company does not comply with Nasdaq's Listing Rule 5250(c)(1) for continued listing because Nasdaq has not received the company's quarterly report on Form 10-Q for the fiscal quarter ended March 31, 2021. Nasdaq has informed the company that it has until July 26 to submit a plan to regain compliance with respect to this delinquent report. If Nasdaq approves the company's plan, it has the discretion to grant the company an extension of up to 180 calendar days from the due date of the Form 10-Q to regain compliance.
MSM

Hot Stocks

16:07 EDT MSC Industrial acquires majority interest in Wm. F. Hurst Co., terms undisclosed - MSC Industrial has acquired a majority interest in Wm. F. Hurst Co., a Wichita, Kansas-based distributor of metalworking tools and supplies with deep expertise and customer relationships in the aerospace industry. Under the agreement, Wm. F. Hurst will continue to go to market under its current name as an MSC company. The company's president and owner, John Mullen, will continue to lead the business and hold a minority interest. Financial terms of the transaction were not disclosed.
TWNT

Hot Stocks

16:07 EDT Tailwind Two Acquisition gets NYSE continues listing notice - Tailwind Two acquisition announced that it received a formal notice of non-compliance from the New York Stock Exchanger elating to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31 as required under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual. On April the staff of the Securities and Exchange Commission issued "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies SPACs , which clarified guidance for all SPAC-related companies regarding the accounting and reporting for their warrants. The immediacy of the effective date of the new guidance set forth in the Statement has resulted in a significant number of SPACs re-evaluating the accounting treatment for their warrants with their professional advisors, including auditors and other advisors responsible for assisting SPACs in the preparation of financial statements. This, in turn, has resulted in the Company's delay in preparing and finalizing its financial statements as of and for the quarter ended March 31, 2021 and filing its Form 10-Q with the SEC by the prescribed deadline. Under NYSE rules, the Company generally has six months following receipt of the notification of non-compliance to regain compliance with the continued listing standard, subject to any extensions by NYSE.
SYF

Hot Stocks

16:05 EDT Synchrony announces organizational changes - Synchrony announced organizational changes aimed to further align the company's resources with its partners and evolving consumer expectations, while leveraging its innovation, data, expertise and scale to deliver products and capabilities to market faster. Synchrony is making the following changes: Synchrony will align its partner portfolios across five platforms - expanded from three today - to better match the growth and diversification of its partnerships over the past several years. This structure will enable Synchrony to better serve the distinct needs of partners based on their industry and how they operate, as well as further scale products and capabilities to drive stronger growth. The Growth Organization will bring together Synchrony's marketing, data, analytics, customer experience, and product development teams into one cohesive group. The organization will work to bring data-driven, consumer-focused offerings to market across partner portfolios, with a focus on seamless customer experiences. This team will elevate Synchrony's focus on digital products and capabilities, while driving commercialization strategies to proactively deliver for the company's partners and consumers. Bringing together the Technology and Operations teams will drive collaboration, further accelerate the company's digital initiatives and more seamlessly service Synchrony's customers in the channels they prefer. The organization will further scale Synchrony's Agile culture and will continue to speed the company's innovations while driving greater operational excellence.
VPG

Hot Stocks

16:04 EDT Vishay Precision acquires Diversified Technical Systems - Vishay Precision Group announced it acquired California-based Diversified Technical Systems. The transaction price is approximately $47M, subject to customary post-closing adjustments. VPG will finance the acquisition through a combination of cash on hand and third party borrowings. In 2020, DTS achieved sales of approximately $32M and an EBITDA margin in excess of 25%.
AUTO F

Hot Stocks

16:02 EDT AutoWeb reports FordDirect terminating new vehicle leads portion of lead pact - In a regulatory filing after the close on Friday, AutoWeb (AUTO) disclosed that on May 24 the company received written notice from Direct Dealer LLC dba FordDirect (F) that FordDirect has decided to suspend its new vehicle lead marketing program for the near future. As a result, FordDirect notified AutoWeb that FordDirect is terminating effective September 30, 2021 the new vehicle leads portion of the lead agreement, dated December 1, 2020, between AutoWeb and FordDirect. The used vehicle portion of the lead agreement will remain in place pursuant to the terms of the lead agreement. The expiration date of the lead agreement is November 31, 2021 and either party may terminate it in whole or in part with 120 days prior written notice. "The lead agreement provides for the sale of new and used vehicle leads to FordDirect for redistribution or resale to FordDirect's retail franchise dealers. In the first quarter of 2021, FordDirect new vehicle leads accounted for approximately 7% of total revenues and accounts receivable reported for AutoWeb. Leading up to the termination of the new vehicle leads portion of the lead agreement on September 30, 2021, AutoWeb anticipates it will transition FordDirect's retail franchise dealers out of AutoWeb's OEM program and begin signing the network of dealers into AutoWeb's retail program," the filing stated.
WSBF

Hot Stocks

16:02 EDT Waterstone Financial declares special dividend of 50c per common share - The board of Waterstone Financial declared a special dividend of 50c per common share. The dividend will be paid on June 15 to the company's stockholders of record on June 11.
MRNA TMO

Hot Stocks

16:02 EDT Moderna announces pact with Thermo Fisher for COVID-19 vaccine manufacturing - Moderna (MRNA) announced that it has entered into an agreement with Thermo Fisher Scientific (TMO) for fill/finish sterile manufacturing services and supply packaging for Moderna's COVID-19 vaccine. Under the terms of the agreement, Thermo Fisher's commercial manufacturing site in Greenville, North Carolina will be used for aseptic fill/finish, labeling and packaging to support the production of hundreds of millions of doses of the Moderna COVID-19 vaccine. Production will begin in the third quarter of 2021. "Thermo Fisher has been a critical partner in supplying raw materials for our COVID-19 vaccine and we are now pleased to further expand our relationship as an important manufacturing partner as well," said Juan Andres, Moderna's Chief Technical Operations and Quality Officer. "The addition of Thermo Fisher to our network will support our efforts to scale up our manufacturing ability."
PFE...

Hot Stocks

15:58 EDT NIH announces start of Phase 1/2 trial evaluating mixed COVID vaccine schedules - The National Institutes of Health has started a Phase 1/2 clinical trial in which adult volunteers who have been fully vaccinated against COVID-19 will receive booster doses of different COVID-19 vaccines to determine the safety and immunogenicity of mixed boosted regimens. It will include approximately 150 individuals who already have received one of the three COVID-19 vaccine regimens currently available under FDA Emergency Use Authorization in the United States: the Janssen COVID-19 vaccine, also referred to as the Johnson & Johnson (JNJ) vaccine, or Ad26.COV2-S, the Moderna (MRNA) COVID-19 vaccine, also known as mRNA-1273, and the Pfizer (PFE)-BioNTech (BNTX) COVID-19 vaccine, also known as (BNT162b2). Each vaccine group will enroll about 25 people ages 18 through 55 years and approximately 25 people age 56 years and older. Twelve to 20 weeks following their initial vaccination regimen, participants will receive a single booster dose of the Moderna COVID-19 vaccine as part of the trial. People who have not yet received an FDA authorized COVID-19 vaccine are also eligible to enroll in the trial in a separate cohort. Initially, these volunteers will receive the two-dose Moderna COVID-19 vaccine regimen and will be assigned to receive a booster dose of a vaccine about 12 to 20 weeks later. The trial has an adaptive design and may add arms as vaccines are awarded EUA and/or variant lineage vaccines become available for evaluation. "Although the vaccines currently authorized by the U.S. Food and Drug Administration offer strong protection against COVID-19, we need to prepare for the possibility of needing booster shots to counter waning immunity and to keep pace with an evolving virus. The results of this trial are intended to inform public health policy decisions on the potential use of mixed vaccine schedules should booster doses be indicated," said NIAID Director Anthony Fauci, M.D.
AMZN

Hot Stocks

15:50 EDT AWS announces general availability of Amazon Location Service - Amazon Web Services, or AWS, an Amazon.com company, announced the general availability of Amazon Location Service, a new service that it said "makes it easier and more cost-effective for customers to add location functionality to their applications without compromising on user privacy or data security." AWS stated: "With Amazon Location Service, customers can embed location functionality in their applications using data from location-based service providers Esri and HERE Technologies to provide maps, points of interest, geocoding, route planning, geofencing, or asset tracking. Amazon Location Service is as low as 1/10th the cost of the most common LBS providers, and customers pay only for the number of user requests, assets tracked, or devices managed."
ACN CG

Hot Stocks

15:47 EDT Accenture Federal Services to acquire Novetta, terms not disclosed - Accenture Federal Services, a wholly owned subsidiary of Accenture (ACN), has entered into an agreement to acquire Novetta, an advanced analytics company serving U.S. federal organizations that are pushing the limits of what's possible with machine learning, cyber, and cloud engineering. The completion of the acquisition from The Carlyle Group (CG) is subject to regulatory review and other customary closing conditions. Terms of the transaction were not disclosed.
TKAT

Hot Stocks

15:45 EDT Takung Art trading resumes
TKAT

Hot Stocks

15:24 EDT Takung Art reports agreement to invest in Cultural Objects - In a regulatory filing, Takung Art Co. disclosed that on May 28 the company and Cultural Objects Provenance Holdings Limited, a company with a subsidiary engaged in the operation of an NFT platform related to collectibles, entered into a securities purchase agreement pursuant to which the company shall invest in Cultural Objects through paying a purchase price that consists of $500,000 in cash and the issuance by the company to Cultural Objects of 282,000 restricted shares of the common stock of the company in exchange for 54,100 common shares of Cultural Objects, and, subject to the satisfaction of the conditions listed in the agreement, including, without limitation, the completion by Cultural Objects, to the satisfaction of the company, of an NFT platform for primary market sales and the launch of a physical exhibition / show with sales of collectibles utilizing Cultural Objects' authentication technology to the satisfaction of the company, 290,000 unvested restricted shares of common stock in exchange for 32,460 unvested common shares of Cultural Objects. The closing of the agreement is subject to satisfaction of customary closing conditions, the filing noted.
COIN $DOGE

Hot Stocks

15:14 EDT Coinbase says Dogecoin launching on Coinbase Pro - Coinbase said in a post to its blog: "Starting Today Tuesday June 1, transfer DOGE into your Coinbase Pro account ahead of trading. Support for DOGE will generally be available in Coinbase's supported jurisdictions. Trading will begin on or after 9AM Pacific Time (PT) Thursday June 3, if liquidity conditions are met." Reference Link
TKAT

Hot Stocks

15:00 EDT Takung Art trading halted, news pending
KODK

Hot Stocks

14:59 EDT NY Attorney General asks court to force Kodak CEO to testify on insider trading - New York Attorney General Letitia James announced a new action taken in her investigation of insider trading by the chief executive officer of the Eastman Kodak Company. Attorney General James filed a petition with the New York County State Supreme Court to have Kodak CEO Jim Continenza publicly testify about his purchase of more than 46,000 shares of Kodak stock early last summer and "Kodak's subsequent false statements about that trading to investors last month," the AG stated. The AG's office added: "Continenza made the purchase while he was leading secret discussions with the Trump White House and the federal government for a $655 million loan to enable Kodak to repurpose legacy assets in Rochester to produce chemicals to address this need. Attorney General James' petition also asks the court to order public testimony from Kodak's general counsel, as well as for the company to produce related documents." Reference Link
AYRO

Hot Stocks

14:57 EDT AYRO tweets link to report on rising demand for EV trucks - AYRO Inc tweeted: "Very interesting read on how the rise in #ecommerce is increasing demand for #electric #delivery vehicles. AYRO is building compact, light-duty EVs today that can tackle last-mile delivery challenges, while producing zero planet-warming emissions." The tweet from AYRO, which is being circulated by traders, links to a previously published report and was accompanied by an image of an Amazon Prime delivery vehicle. Reference Link
AMD

Hot Stocks

14:57 EDT AMD unveils new Radeon RX 6000M Series Mobile Graphics - At Computex 2021, AMD introduced "several powerful new solutions that take high-performance gaming to new levels." Designed to bring "world-class performance, incredible visual fidelity and immersive experiences" to gaming laptops, the new AMD Radeon RX 6000M Series Mobile Graphics include the top-of-stack Radeon RX 6800M - the fastest AMD Radeon GPU for laptops, delivering desktop-class performance to power ultra-high frame rate 1440p gaming anywhere. AMD also introduced theAMD Advantage Design Framework, the result of a multi-year collaboration between AMD and its global PC partners to deliver the next generation of premium, high-performance gaming laptops. Combining AMD Radeon RX 6000M Series Mobile Graphics, AMD Radeon Software and AMD Ryzen 5000 Series Mobile Processors with exclusive AMD smart technologies and other advanced system design characteristics, AMD Advantage systems are designed to deliver best-in-class gaming experiences. The first AMD Advantage laptops are expected to be available from leading OEMs beginning this month. In addition, AMD unveiled AMD FidelityFX Super Resolution, a spatial upscaling technology designed to boost framerates up to 2.5X in select titles at 4K resolution and deliver a high-quality, high-resolution gaming experience. More than 10 game developers plan to integrate FSR into their top titles and game engines in 2021, with the first games supporting FSR expected to be available later this month, AMD said.
WMT

Hot Stocks

14:53 EDT Walmart U.S. announces store hours to expand starting Saturday, June 5 - Dacona Smith, Executive Vice President and Chief Operating Officer, Walmart U.S., announced in post to the company's blog: "As customers and associates across the country continue to get vaccinated against COVID-19, there is a growing optimism that, as a country, we may soon be able to turn the page on what has been a very challenging time... As cases spiked, you saw us limit shopping hours, step up our cleaning and sanitization measures, broaden access to convenient, no-touch shopping options like pickup and delivery and restrict our entrances to one main door, where our health ambassadors could help support customers. Many of those same policies and processes are in place today, but as the curve flattened over the last year, we felt comfortable making some careful adjustments. Some of our decisions have been to turn something on or off, while others have been more of an evolution... When the pandemic started to hit hard early last year, we restricted our shopping hours. We said then that we would continue to stay very close to the best science and guidance around the virus and make business choices aimed at protecting the health and safety of our customers and associates. As COVID-19 cases leveled out, we expanded our closing time late last year and now, with the number of fully vaccinated Americans growing higher every day, we believe we can adjust hours once again. Starting Saturday, June 5, store hours will expand to 6 a.m.-11 p.m. unless otherwise mandated by state or local government. Also, beginning July 3, we'll be resuming pre-COVID hours for most of our pharmacies and vision centers." Reference Link
EHC

Hot Stocks

14:44 EDT Encompass expands into three new states with Frontier Home Health deal complete - Encompass Health announced it has completed its previously announced acquisition of Frontier Home Health and Hospice. "Effective today, this acquisition adds nine home health and 11 hospice locations to the company's footprint, allowing the company to serve markets in Alaska, Montana and Washington, three new states for the company, and expand its existing presence in Colorado and Wyoming," Encompass stated.
IPVI

Hot Stocks

14:33 EDT InterPrivate IV InfraTech Partners reports NYSE notice on delayed form 10-Q - InterPrivate IV InfraTech Partners announced that it received a notice from the New York Stock Exchange 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 Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the SEC. The notice has no immediate effect on the listing of the company's stock on the NYSE, the company said. The NYSE informed the company that, under the NYSE's rules, the company can regain compliance with the NYSE's continued listing requirements by filing the Q1 2021 Form 10-Q with the SEC at any time prior to November 24, 2021. As the company reported in its Form 12b-25 filed with the SEC on May 18, 2021, the company is currently determining the extent to which the April 12, 2021 statement released by the Staff of the SEC relating to the accounting and reporting considerations for warrants issued by special purpose acquisition companies, or "SPACs," will impact its financial statements as of and for the fiscal quarter ended March 31, 2021, which will be included in the Q1 2021 Form 10-Q.
ABT...

Hot Stocks

14:28 EDT Abbott warning on waning COVID demand drags testing peers lower - Shares of Abbott Laboratories (ABT) are sharply lower after the company lowered its full-year 2021 outlook this morning, stating that its updated guidance is "due to significantly lower recent and projected COVID-19 diagnostic testing demand." Robert Ford, Abbott's president and CEO, said: "We've recently seen a rapid decline in COVID-19 testing demand and anticipate this trend will continue, which led us to adjust our full-year guidance. At the same time, excluding COVID-19 tests, our organic base business growth is accelerating, we continue to see improving end-markets and our new product pipeline continues to be highly productive." In afternoon trading, Abbott shares have fallen $9.61, or 8%, to $107.04. Meanwhile, Quidel (QDEL) shares are down nearly 8% to $108.88, Fluidigm (FLDM) has slid 7% to $5.41, Opko Health (OPK) has declined 6% to $3.59, Thermo Fisher (TMO) dipped 5% to $448.52, OraSure (OSUR) is down 2% to $9.44, Meridian Bioscience (VIVO) is down 2% to $20.45, Bio-Rad (BIO) fell 3% to $587.19, Hologic (HOLX) declined 2% to $61.54 and Becton Dickinson (BDX) is 1% lower at $239.73.
IPVF

Hot Stocks

14:17 EDT InterPrivate III Financial Partners reports NYSE notice on delayed form 10-Q - InterPrivate III Financial Partners announced that it received a notice from the New York Stock Exchange 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 Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the SEC. The notice has no immediate effect on the listing of the company's stock on the NYSE, the company said. The NYSE informed the company that, under the NYSE's rules, the company can regain compliance with the NYSE's continued listing requirements by filing the Q1 2021 Form 10-Q with the SEC at any time prior to November 24, 2021. As the company reported in its Form 12b-25 filed with the SEC on May 18, 2021, the company is currently determining the extent to which the April 12, 2021 statement released by the Staff of the SEC relating to the accounting and reporting considerations for warrants issued by special purpose acquisition companies, or "SPACs," will impact its financial statements as of and for the fiscal quarter ended March 31, 2021, which will be included in the Q1 2021 Form 10-Q.
BTI

Hot Stocks

14:14 EDT Texas AG announces settlement agreement with tobacco companies - Texas Attorney General Ken Paxton announced a settlement agreement with tobacco companies that will result in $195M paid to Texas. "The lawsuit arose out of the 1998 Texas Tobacco Settlement Agreement, by which major tobacco companies must make annual payments to Texas to reimburse it for smoking-related health care costs. In 2015, ITG Brands LLC acquired four cigarette brands from R.J. Reynolds Tobacco Company-Kool, Maverick, Salem, and Winston-but neither company made the required settlement payments related to those brands after the sale. Because of the agreement, ITG Brands has assumed the financial obligations for these brands, agreed to pay $195 million now in back payments owed, and committed to make payments to the State of Texas going forward," Paxton announced. R. J. Reynolds Tobacco Company is an American tobacco manufacturing company owned by Reynolds American, which is a subsidiary of British American Tobacco. Reference Link
IPVA

Hot Stocks

14:07 EDT InterPrivate II Acquisition reports NYSE notice on delayed form 10-Q filing - InterPrivate II Acquisition Corp. announced that it received a notice from the New York Stock Exchange 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 Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 with the SEC. The notice has no immediate effect on the listing of the company's stock on the NYSE, the company said. The NYSE informed the company that, under the NYSE's rules, the company can regain compliance with the NYSE's continued listing requirements by filing the Q1 2021 Form 10-Q with the SEC at any time prior to November 24, 2021. As the company reported in its Form 12b-25 filed with the SEC on May 18, 2021, the company is currently determining the extent to which the April 12, 2021 statement released by the Staff of the SEC relating to the accounting and reporting considerations for warrants issued by special purpose acquisition companies, or "SPACs," will impact its financial statements as of and for the fiscal quarter ended March 31, 2021, which will be included in the Q1 2021 Form 10-Q.
NVDA AAPL

Hot Stocks

13:52 EDT Nvidia Shield now can stream Apple TV app - Starting Tuesday, Nvidia (NVDA) Shield owners can stream the Apple TV (AAPL) app, including Apple TV+. Apple TV channels are also on the Apple TV app, such as AMC+, Paramount+ and Starz, and watch ad-free and on demand, directly on the Apple TV app. Apple TV also works with the built-in Google Assistant on Shield for hands-free control of entertainment. Reference Link
RVP

Hot Stocks

13:49 EDT Retractable Technologies jumps 29% after DHS contract extension notice - Shares of Retractable Technologies are up $2.67, or 29%, to $11.76 in afternoon trading.
RVP

Hot Stocks

13:40 EDT Retractable Technologies trading resumes
RVP

Hot Stocks

13:37 EDT Retractable Technologies receives notice of intent to extend government contract - Retractable Technologies announced that it received a preliminary notice from the U.S. Department of Health and Human Services, Office of the Assistant Secretary for Preparedness and Response expressing its intent to exercise all seven one-month option periods under 75A50121P00021 contract between HHS/ASPR and Retractable. Such option exercises would extend the contract expiration date to February 14, 2022. As previously disclosed, the option periods increase the value of the contract by $92,772,680, including the price of the products and freight reimbursement.
RVP

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13:35 EDT Retractable Technologies trading halted, volatility trading pause
T...

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13:25 EDT Discovery says "Warner Bros. Discovery" to be name for proposed new company - Discovery, Inc. (DISCA, DISCB, DISCK) announced the new name of the proposed standalone entertainment company that will emerge from the combination of AT&T's (T) WarnerMedia and Discovery assets: "Warner Bros. Discovery." Discovery said: "The Warner Bros. Discovery name will honor, celebrate and elevate the world's most-storied creative studio in the world with the high quality, global nonfiction storytelling heritage of Discovery. " David Zaslav, President and CEO of Discovery and the future CEO of the proposed Warner Bros. Discovery, added: "Warner Bros. Discovery will aspire to be the most innovative, exciting and fun place to tell stories in the world - that is what the company will be about. We love the new company's name because it represents the combination of Warner Bros.' fabled hundred year legacy of creative, authentic storytelling and taking bold risks to bring the most amazing stories to life, with Discovery's global brand that has always stood brightly for integrity, innovation and inspiration."
PNTM

Hot Stocks

13:02 EDT Pontem announces receipt of NYSE continued listing standard notice - Pontem Corporation announced that it received a formal notice of non-compliance on May 25, 2021 from the New York Stock Exchange relating to the Company's failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 as required under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual. On April 12, 2021, the staff of the Securities and Exchange Commission issued "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies, which clarified guidance for all SPAC-related companies regarding the accounting and reporting for their warrants. The immediacy of the effective date of the new guidance set forth in the Statement has resulted in a significant number of SPACs re-evaluating the accounting treatment for their warrants with their professional advisors, including auditors and other advisors responsible for assisting SPACs in the preparation of financial statements. This, in turn, has resulted in the Company's delay in preparing and finalizing its financial statements as of and for the quarter ended March 31, 2021 and filing its Form 10-Q with the SEC by the prescribed deadline. The Company expects to file the Form 10-Q with the SEC as soon as reasonably practicable.
WMT

Hot Stocks

13:01 EDT Walmart's Sam's Club announces return of sampling and demo program - Sam's Club, a division of Walmart, announced the return of its sampling and demo program, Taste & Tips. "Officially re-launching this week, Taste & Tips allows members to sample food and review products when they visit the club. Initially, Taste & Tips will take place on the weekends and in limited quantities, using new safety measures, such as sealed samples. Sam's Club's sampling program has been an attraction in clubs for more than 35 years, but it was paused last March out of concern for the health and safety of members and associates during COVID-19," the company stated.
AMC

Hot Stocks

12:52 EDT Mudrick exits AMC, calls shares 'massively overvalued,' Bloomberg reports - Mudrick Capital Management sold all its stock in AMC Entertainment (AMC) as of today, the same day the movie chain disclosed that the investment firm had bought $230.5M of new share, Katherine Doherty of Bloomberg reports, citing a person with knowledge of the matter. Mudrick sold AMC at a profit and told clients that the shares are "massively overvalued," the source told Bloomberg. Shares of AMC Entertainment are off the day's highs but remain up 19% to $31.09 in afternoon trading.
BASFY

Hot Stocks

12:45 EDT BASF reports Heinz takes over as Chairman and CEO of North American affiliate - Effective today, Michael Heinz takes over as Chairman and Chief Executive Officer of BASF Corporation, the North American affiliate of BASF SE, the company announced. Heinz succeeds Wayne Smith, who led BASF Corporation for six years. Heinz has been a member of BASF SE's Board of Executive Directors since 2011 and will continue serving in this role in addition to leading the company's North American activities. As part of his Board duties, Heinz is also responsible for BASF's global Chemicals and Materials business segments as well as the South America region, the company stated.
IBKR

Hot Stocks

12:36 EDT Interactive Brokers reports May DARTs up 37% from prior year - Interactive Brokers reported its electronic brokerage monthly performance metrics for May. Brokerage highlights for the month included 2.25M Daily Average Revenue Trades, or DARTs, 37% higher than prior year and 3% higher than prior month; Ending client equity of $348.3B, 83% higher than prior year and 1% higher than prior month; Ending client margin loan balances of $45.8B, 97% higher than prior year and 2% higher than prior month; Ending client credit balances of $80.8B, including $2.7B in insured bank deposit sweeps, 15% higher than prior year and 2% lower than prior month; 1.39M client accounts, 65% higher than prior year and 2% higher than prior month; 373 annualized average cleared DARTs per client account; and average commission per cleared commissionable order of $2.49 including exchange, clearing and regulatory fees.
LDI

Hot Stocks

12:00 EDT LoanDepot falls -8.1% - LoanDepot is down -8.1%, or -$1.38 to $15.57.
GIX

Hot Stocks

12:00 EDT GigCapital2 falls -10.6% - GigCapital2 is down -10.6%, or -$1.07 to $9.01.
RENN

Hot Stocks

12:00 EDT Renren falls -14.2% - Renren is down -14.2%, or -$1.76 to $10.60.
AHT

Hot Stocks

12:00 EDT Ashford Hospitality rises 19.3% - Ashford Hospitality is up 19.3%, or 78c to $4.83.
CLDR

Hot Stocks

12:00 EDT Cloudera rises 23.9% - Cloudera is up 23.9%, or $3.08 to $15.94.
WPG

Hot Stocks

12:00 EDT Washington Prime rises 52.3% - Washington Prime is up 52.3%, or $1.16 to $3.38.
TLS

Hot Stocks

11:55 EDT Telos director Maluda sells 40,000 common shares - In a regulatory filing, Telos director John Maluda disclosed the sale of 40,000 common shares of the company on May 27 at a price of $33.16 per share.
VLVLY

Hot Stocks

11:45 EDT Volvo proposes distribution of SEK 9.50 per share from sale of UD Trucks - AB Volvo's board of directors proposes that the proceeds from the sale of UD Trucks are to be distributed to the shareholders and will convene an extraordinary general meeting for a resolution on the proposal, the company announced. The proposal entails a distribution of SEK 9.50 per share, corresponding to approximately SEK 19 billion. The extraordinary general meeting will be held on June 29, 2021. Reference Link
STAY BX

Hot Stocks

11:43 EDT Tarsadia urges Extended Stay shareholders to vote against proposed sale - Tarsadia Capital, together with its affiliates, associates and funds it manages, commented on the updated offer from Blackstone Real Estate Partners (BX) and Starwood Capital Group to acquire Extended Stay America (STAY). Tarsadia continues to urge shareholders to Vote Against the proposed sale on the GOLD card at the Special Meeting scheduled for June 8, 2021. Tarsadia issued the following statement: "A $1 bump in price is a small Band-Aid that cannot cure a fatally flawed process. The updated offer announced today, representing just a 5% increase over the previous price, is nothing more than an attempt to jam through a transaction that still significantly undervalues the Company and was the result of a process that was not designed to elicit the highest bid for STAY or create competition for Blackstone and Starwood. Notably, both leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC, in their reports recommending shareholders vote against the Sale, concluded there were serious flaws in the sale process, valuation and timing of the transaction. We continue to urge shareholders to vote Against the Sale."
JNJ

Hot Stocks

11:39 EDT Janssen announces U.S. FDA breakthrough therapy designation for teclistamab - Earlier, the Janssen Pharmaceutical Companies of Johnson & Johnson announced that the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation for teclistamab in the treatment of relapsed or refractory multiple myeloma. "This distinction for teclistamab, an off-the-shelf, T-cell redirecting, bispecific antibody targeting both B-cell maturation antigen and CD3 receptors, follows a PRIME designation from the European Medicines Agency received earlier this year. Today's BTD marks the 11th received by Janssen's Oncology Therapeutic Area," the company stated.
PFE BNTX

Hot Stocks

11:30 EDT EMA recommends added manufacturing capacity for BioNTech/Pfizer vaccine - The EMA announced that it has recommended the approval of additional manufacturing and filling lines at Pfizer's (PFE) vaccine manufacturing site in Puurs, Belgium. "The recommendation by the Agency's Committee for Human Medicines is expected to have a significant and immediate impact on the supply of Comirnaty, the COVID-19 vaccine developed by BioNTech and Pfizer, in the European Union," the EMA stated. Reference Link
HOOD

Hot Stocks

11:06 EDT Robinhood announces Rubinstein, Loop and Zoellick join board - Robinhood stated in a post to its corporate blog: "We're excited to share that we're growing the Robinhood Markets Board of Directors. Jon Rubinstein, Paula Loop and Robert Zoellick have been appointed as independent directors, with Jon to serve as the Board's lead independent director. Jon and Bob are joining the Board effective immediately, and Paula's appointment will be effective June 17, 2021." Vlad Tenev, CEO and Co-Founder of Robinhood, added: "Jon, Paula and Bob bring tremendous experience across finance, technology, accounting, governance, international markets and public policy. They will each provide invaluable leadership for Robinhood as we continue to build great products for customers and pursue our mission to democratize finance for all." Reference Link
CLW

Hot Stocks

11:02 EDT Clearwater Paper announces closure of Neenah, Wisconsin facility - Clearwater Paper announced the indefinite closure of its Neenah, Wisconsin facility, which includes three tissue machines and ten converting lines, removing a total paper production capacity of approximately 54,000 tons. Clearwater Paper intends to indefinitely close Neenah and exit the away from home business by the end of July 2021. Clearwater Paper acquired the Neenah mill in 2010 and produced private brand tissue products for commercial and retail customers at the mill. The facility's approximately 290 employees will be impacted by the closure. "Despite the best efforts of our dedicated employees, our Neenah location and assets cannot cost effectively compete in the markets that we serve. This was a difficult decision, because it affects our people, their families and the Neenah community. We are committed to supporting our people through this challenging time," said CEO Arsen Kitch. The company and the union will be meeting this week to discuss the impact on employees, Clearwater stated.
LFUS CAT

Hot Stocks

11:05 EDT Littelfuse appoints Maggie Chu as CHRO - Littelfuse (LFUS) announced it has appointed Maggie Chu as the company's SVP and chief human resources officer effective June 1, 2021. Chu will report to Littelfuse president and CEO Dave Heinzmann, and she will be a member of the Littelfuse Leadership Team. Most recently, Chu was segment HR director for Caterpillar's (CAT) Energy & Transportation segment and Corporate Services group.
STTK

Hot Stocks

10:46 EDT Shattuck Labs appoints Abhinav Shukla as CTO - Shattuck Labs announced the appointment of Abhinav Shukla, Ph.D., as chief technical officer. Shukla joins Shattuck from Redpin Therapeutics, where he was the Chief Technical Operations Officer and was responsible for all aspects of process, analytical and formulation development, and cGMP manufacturing.
SVA

Hot Stocks

10:41 EDT World Health Organization validates Sinovac-CoronaVac vaccine for emergency use - The World Health Organization said in an emailed statement that is has validated the Sinovac-CoronaVac Covid-19 vaccine for emergency use, "giving countries, funders, procuring agencies and communities the assurance that it meets international standards for safety, efficacy and manufacturing."
SVA

Hot Stocks

10:36 EDT Sinovac Covid vaccine validated for emergency use by World Health Organization
GRFS

Hot Stocks

10:31 EDT Grifols begins commercializing HyperHEP B formulation - Grifols began commercializing HyperHEP B, a new formulation of its hepatitis B immune globulin for hepatitis B postexposure prophylaxis. The new formulation, which was approved by the U.S. Food and Drug Administration in December 2020, uses a unique caprylate chromatography process, which significantly reduces procoagulant activity and IgG aggregates. It also includes FDA labeling for capacity to remove pathogenic prions. HyperHEP B is the newest version of Grifols' current HBIG, HyperHEP B S/D, which is presently prescribed globally in over 20 countries. Earlier this year Grifols, in partnership with Direct Relief, donated six million international units of HyperHEP B S/D to various underserved countries around the world.
MUDS TOPP

Hot Stocks

10:25 EDT Candy Digital announces long-term NFT agreement with MLB - Candy Digital announced earlier this morning that it is entering the NFT, or "non-fungible token," space with "three of the world's most innovative companies across sports, e-commerce, technology, collectibles and cryptocurrency" along with an exclusive long-term agreement with its first content partner Major League Baseball. "Candy Digital is being launched by three titans of their respective industries who bring unique expertise and skill sets for scaling businesses within the digitally native world: Michael Rubin, Executive Chairman, Fanatics; Mike Novogratz, founder and CEO, Galaxy Digital; and Gary Vaynerchuk, Serial Entrepreneur and Investor. Leveraging deep experience in sports, e-commerce, fintech, blockchain, pop culture and digital media, the founders and their respective companies have positioned Candy to enter the digital asset marketplace with significant resources, skills, and capabilities," the company stated. "Candy is building Major League Baseball's official NFT ecosystem where fans and collectors will be able to purchase, trade and share officially licensed NFTs to deepen their love of the sport. Candy's team of world class digital artists, designers and technologists are developing a broad range of digital collectibles, beginning with sports content and expanding into art, entertainment, music and more. Candy's NFTs will be available on its online platform where fans will be able to purchase, collect, view, and trade via a branded storefront and secondary marketplace... Candy and Major League Baseball's first release will be a 1-of-1 NFT of Lou Gehrig's famous "Luckiest Man" speech that he delivered on July 4, 1939, after being diagnosed with ALS," the company added. The Topps Company, which offers a series of trading-card-style NFTs from MLB, previously announced a definitive agreement for a business combination with Mudrick Capital Acquisition Corporation II. Upon closing of the transaction, which is expected in late second or early third quarter, the combined company will be named Topps and remain listed on NASDAQ under the new ticker symbol "TOPP." In morning trading, Mudrick Capital Acquisition Corporation II shares are down 80c, or 6%, to $12.85.
D...

Hot Stocks

10:08 EDT Dominion, Eversource, Orsted reach deal on contract to charter Charybdis - Dominion Energy (D), Orsted (DNNGY) and Eversource (ES) announced an agreement for Orsted and Eversource to charter Dominion Energy's Charybdis, the first Jones Act-qualified offshore wind turbine installation vessel in the United States, for the construction of two offshore wind farms in the Northeast. Charybdis, which is expected to be sea ready by late 2023, will first be deployed out of New London harbor to support the construction of Revolution Wind and Sunrise Wind, both under joint development by Orsted and Eversource, to serve nearly 1 million homes in Rhode Island, Connecticut and New York. Once complete, the two projects will generate more than 1.6 gigawatts of clean, renewable energy. The charter's terms will allow the vessel, subject to state regulatory approval, to support construction of Dominion Energy's 2.6 gigawatt Coastal Virginia Offshore Wind project off the coast of Virginia Beach, which is expected, consistent with prior guidance, to be completed in 2026.
PEGA

Hot Stocks

10:05 EDT Pegasystems, The Ryder Cup enter multi-year agreement - The Ryder Cup and Pegasystems announced a multiyear agreement establishing Pega as a worldwide supplier of the 43rd and 44th Ryder Cup. Pega's sponsorship will contribute toward the distinguished experience both teams and spectators have come to expect from this event. Pega will also work with Ryder Cup broadcast partners to create online content on the value of partnerships.
TU

Hot Stocks

10:04 EDT Telus investing $25M to connect Leduc to fibre optic network - TELUS is investing $25M to connect more than 90 per cent of homes and businesses in Leduc directly to fibre optic network. This investment is part of TELUS' recently announced commitment to invest $14.5B in infrastructure and operations across Alberta through 2024 to further support the province throughout the Covid-19 pandemic and subsequent economic recovery. Construction on the PureFibre network in Leduc is already underway, and TELUS anticipates the majority of homes and businesses will be connected by next spring.
BGNE

Hot Stocks

10:03 EDT BeiGene says data from Phase 3 ALPINE trial to be presented at EHA - BeiGene announced that results from the interim analysis of the Phase 3 ALPINE trial comparing BRUKINSA to ibrutinib in adults with relapsed or refractory chronic lymphocytic leukemia or small lymphocytic lymphoma will be reported in an oral presentation as part of the Presidential Symposium at the 26th European Hematology Association 2021, or EHA2021, Virtual Congress. Results from the interim analysis were based on 415 enrolled patients in the trial, including 207 on BRUKINSA treatment and 208 on ibrutinib treatment. As previously announced, the ALPINE trial met its primary endpoint, with BRUKINSA demonstrating non-inferiority in objective response rate, or ORR, per investigator assessment and independent review committee, and superiority in ORR per investigator assessment. The trial also met a pre-specified secondary endpoint related to safety, with BRUKINSA demonstrating a statistically significant lower risk of atrial fibrillation or flutter, compared to ibrutinib. More details on the ALPINE trial results will be provided by Peter Hillmen, MBChB, Ph.D., Professor of Experimental Haematology at University of Leeds and trial investigator, in an oral presentation at EHA2021 on Friday, June 11. "The positive topline results from the Phase 3 ALPINE trial interim analysis suggest that BRUKINSA could improve clinical benefit for patients with CLL, compared to the first-generation BTK inhibitor. BRUKINSA was designed to optimize selectivity and deliver sustained BTK inhibition, and we hope our bold approach in its clinical development, including two head-to-head trials, can provide additional evidence to support its potential as a best-in-class BTK inhibitor. We look forward to the first presentation of these data in the Presidential Symposium at EHA," said Jane Huang, M.D., Chief Medical Officer, Hematology at BeiGene.
WWE

Hot Stocks

10:02 EDT WWE appoints Samira Shah as general counsel, Jamie Horowitz as EVP - WWE announced three additions to the organization's senior leadership team. Joining the company will be Jamie Horowitz as Executive Vice President, Development & Digital, Samira Shah as General Counsel and Corporate Secretary, and Matt Drew as Senior Vice President, International. Horowitz will oversee much of WWE's original content including scripted and unscripted programs for digital and social media. Horowitz will also be responsible for WWE Studios in Los Angeles. Most recently, Horowitz served as Executive Vice President, Global Content at DAZN where he oversaw the company's original programming, social content and editorial strategy. As General Counsel and Corporate Secretary, Shah will oversee WWE's legal affairs and serve as principal legal adviser for the company. Her oversight will include litigation, intellectual property, corporate governance, government relations, risk management, talent contracts and compliance. Most recently, Shah served as General Counsel and Corporate Secretary at Moda OperandiAs SVP, International, Drew will be charged with . growing WWE's brand and business outside of the U.S. In addition to managing WWE's global media partners, he will work with other company leaders to devise WWE's international strategy for live events, digital, consumer products and new revenue opportunities. Drew previously served as Executive Vice President, Rights Acquisition at DAZN.
IPPLF...

Hot Stocks

10:02 EDT Inter Pipeline tells holders to reject 'hostile' Brookfield Infrastructure bid - Inter Pipeline (IPPLF) reiterated its recommendation that shareholders "reject a hostile takeover bid" at a value of $16.50 per share from an affiliate of Brookfield Infrastructure Partners (BIP). Inter Pipeline's board has "unanimously determined that the Hostile Bid is not in the best interests of the Company or its shareholders." As disclosed separately today, the board is recommending that shareholders support a strategic combination with Pembina Pipeline (PBA). Inter Pipeline shareholders will receive 0.5 of a share of Pembina for each share of Inter Pipeline that they own. The consideration is valued at $19.45 per share of Inter Pipeline based on the closing price of Pembina common shares on May 31.
PRO CVX

Hot Stocks

10:01 EDT Pros Holdings announces appointment of Jourdan to board of directors - PROS Holdings (PRO) announced the appointment of Leland "Lee" Jourdan to its board of directors effective June 1. Jourdan joins the board as an independent director. Recently retired from Chevron (CVX), he spent the past 18 years in senior management roles including Chief Diversity and Inclusion Officer, Senior Management Sponsor, and Vice President, Commercial and Business Development for each of the IndoAsia and Asia South regions.
CPRI

Hot Stocks

10:01 EDT Capri Holdings promotes Hendricks to Senior Vice President, Chief People Officer - Capri Holdings announced that Jenna Hendricks will be promoted to Senior Vice President, Chief People Officer effective June 1, 2021. In this role, Hendricks will be responsible for leading the global human resources organization for Capri Holdings across all three luxury houses to further drive innovative solutions that promote a talent-centric culture. Hendricks will continue to report to John Idol, Chairman and CEO.
ZIM

Hot Stocks

10:00 EDT ZIM Integrated falls -6.1% - ZIM Integrated is down -6.1%, or -$2.83 to $43.57.
GIX

Hot Stocks

10:00 EDT GigCapital2 falls -6.6% - GigCapital2 is down -6.6%, or -67c to $9.41.
RENN

Hot Stocks

10:00 EDT Renren falls -16.6% - Renren is down -16.6%, or -$2.05 to $10.31.
AMC

Hot Stocks

10:00 EDT AMC Entertainment rises 16.0% - AMC Entertainment is up 16.0%, or $4.19 to $30.31.
CLDR

Hot Stocks

10:00 EDT Cloudera rises 24.1% - Cloudera is up 24.1%, or $3.10 to $15.96.
WPG

Hot Stocks

10:00 EDT Washington Prime rises 48.6% - Washington Prime is up 48.6%, or $1.08 to $3.30.
DDD

Hot Stocks

09:53 EDT Trilantic North America to acquire On-Demand business from 3D Systems - Trilantic North America announced that it has agreed to acquire the On-Demand Manufacturing business from 3D Systems in partnership with Ziad Abou, a tenured industry pioneer and veteran who held the role of Senior Vice President and General Manager of 3D Systems' On-Demand Manufacturing business for nearly a decade, and other industry executives. The acquisition is subject to customary closing conditions and certain closing adjustments. The company, which will operate under the name QuickParts post-closing and will be led by Abou as CEO, is an internationally recognized digital manufacturing leader that provides on-demand 3D printing and custom manufacturing services.
DIS

Hot Stocks

09:51 EDT Disney's ABC stations support adoption of impressions-based currency - Debra OConnell, President, Networks - Disney Media & Entertainment Distribution, released the a statement regarding the adoption of impressions-based selling and buying for local broadcast television: "Today, the ABC Owned Television Stations provide best in class content that serves our communities on a variety of video platforms, including linear, digital and OTT. Marketers with local strategies want to build multiplatform campaigns and need a common currency to do so effectively. Using an impressions-based currency to evaluate, sell and buy local broadcast video enables us to offer our advertisers full visibility into local audiences and extends the overall reach of their messaging across platforms. The ABC Owned Television Stations fully support the adoption of impressions as the currency for local broadcast TV."
SCO

Hot Stocks

09:47 EDT Scor ADR falls -5.2% - Scor ADR is down -5.2%, or -$1.13 to $20.67.
SPCE

Hot Stocks

09:47 EDT Virgin Galactic falls -6.4% - Virgin Galactic is down -6.4%, or -$2.00 to $29.23.
RENN

Hot Stocks

09:47 EDT Renren falls -10.4% - Renren is down -10.4%, or -$1.28 to $11.08.
BTU

Hot Stocks

09:47 EDT Peabody Energy rises 10.1% - Peabody Energy is up 10.1%, or 67c to $7.30.
AMC

Hot Stocks

09:47 EDT AMC Entertainment rises 19.1% - AMC Entertainment is up 19.1%, or $4.99 to $31.11.
CLDR

Hot Stocks

09:47 EDT Cloudera rises 23.8% - Cloudera is up 23.8%, or $3.06 to $15.93.
GRNV

Hot Stocks

09:43 EDT Helbiz, Vox announce collaboration to support tourism in Rome - Helbiz, global leader in micro-mobility that is the business combination target of GreenVision Acquisition (GRNV), announced a collaboration with Vox to support tourism in Rome and throughout Italy through the VOX POPguide app. As part of this partnership, tourists will be able to visit historical areas and cultural sites of interest around Rome via scooter or electric bike by listening to the dedicated audio guide, which will be available on the Helbiz mobile app. The service, launched today in Rome, will also be operational in cities where Helbiz is present including Milan, Naples, Turin, Florence, Verona, Genoa, Bari, Pescara, Cesena, Ravenna, Parma, Pisa, Latina, Naples, Modena, Palermo, Ferrara, and Rimini.
MSRT

Hot Stocks

09:39 EDT MassRoots issues update on expected acquisition of Empire Services - MassRoots released the following update on its expected acquisition of Empire Services and plans to meet the listing requirements and apply to list its shares of common stock on a national exchange. MassRoots recently entered into a Letter of Intent to acquire Empire, which is expected to result in MassRoots generating significant revenues and positive cashflows from operations. Upon closing of the Empire acquisition, the company intends to apply to uplist to the Nasdaq Capital Market or the NYSE American Market, which MassRoots believes would result in a significant increase in visibility, liquidity, and institutional interest for its stock. Upon closing of the merger, Meeks will join MassRoots' Board of Directors as its Executive Chairman.
JNJ

Hot Stocks

09:38 EDT Supreme Court refuses to consider appeal of $2.1B Johnson & Johnson talc award - The Supreme Court has refused to consider an appeal requested by Johnson & Johnson to a 2018 jury finding that its talc-based powder helped cause ovarian cancer, meaning the pharma and consumer goods company must pay a $2.1B award to women who claimed its baby powder was contaminated with asbestos.
RCL

Hot Stocks

09:34 EDT Silversea Cruises announces summer voyages in Alaska, Iceland - Silversea Cruises has announced new summer voyages in Alaska and Iceland, starting in July 2021. With the passage of the U.S. Alaska Tourism Restoration Act, which enables cruises to Alaska without required stops in Canada, Silver Muse will resume round-trip sailings from Seattle starting July 29, making Silversea the first ultra-luxury cruise line to operate in Alaska this summer. Silver Shadow will circumnavigate Iceland with the launch of new all-Icelandic itineraries, returning to Northern Europe with three 10-day voyages from Reykjavik, beginning July 30.
COIN

Hot Stocks

09:32 EDT Coinbase says Coinbase Card can now be used with Apple Pay and Google Pay - "You can now use your Coinbase Card with Apple Pay and Google Pay to make it even easier to spend crypto at home and on the go," Coinbase stated in a post to its corporate blog. "Starting this week, we'll invite select customers off the waitlist to begin earning up to 4% back in crypto rewards. If you're already on the waitlist for Coinbase Card, you'll soon receive an invitation to apply," the company added. Reference Link
SPTN

Hot Stocks

09:31 EDT SpartanNash appoints Douglas Hacker as chairman of the board - SpartanNash Company announced the appointment of Douglas Hacker as Chairman on its Board of Directors. The announcement follows SpartanNash's appointments of three new executive officers, six vice presidents and 11 directors in 2021, as well as the addition of Tony Sarsam as President and CEO in September 2020. Hacker was officially voted in as Chairman after the Company's 2021 annual shareholder meeting on May 26. He previously served as a Director of Nash Finch since 2005, prior to its merger with SpartanNash in 2013. He has acted as SpartanNash's Lead Independent Director since May 2018, and his appointment as Chairman follows former Chairman Dennis Eidson's retirement.
ERJ

Hot Stocks

09:29 EDT Halo places order of 200 eVTOL aircraft order from Embraer's Eve - Halo has placed a firm order of 200 Eve Urban Air Mobility vehicles, making it the launch customer for this aircraft. The electric vertical take-off and landing, eVTOL, aircraft have an expected delivery date in 2026. One hundred of the vehicles will be used for operations in the United States and 100 will operate in the United Kingdom. Halo becomes Eve's launch partner in building the world's first comprehensive urban air mobility system. The order establishes Eve, an independent company formed by Embraer S.A., as the leader in a global eVTOL market that is growing rapidly in response to enthusiasm around sustainability and vertical mobility. In addition, Halo announced the alignment of U.K.-based Halo Aviation and U.S.-based Associated Aircraft Group under the Halo brand. Eve is working with Embraer and Atech, a subsidiary of the Embraer Group, to develop an Urban Air Traffic Management system that will set the standard for safety, efficiency and performance. Eve and Halo will work together with the U.K. Civil Aviation Authority and U.S. regulators to advance the first international eVTOL operator partnership of its kind, a key to creating a true urban air mobility ecosystem.
CYDY

Hot Stocks

09:27 EDT CytoDyn, Philippine Airlines collaborate for transportation of leronlimab - CytoDyn announced a joint collaborative effort with Philippine Airlines as the preferred partner in transporting leronlimab to the Philippines for treatment of critically ill COVID-19 patients. CytoDyn recently provided the Philippines with enough leronlimab to treat 100 patients free of charge, distributed locally by Chiral Pharma Corporation for patients under Compassionate Special Permit. Philippine Airlines has stepped up to help with one of the main challenges, the long delivery time from the USA to the Philippines. The flag carrier will help transport vials from Los Angeles to Manila on PAL's nonstop flights, enabling the delivery of leronlimab to critical patients as quickly as possible.
CSSE

Hot Stocks

09:25 EDT Chicken Soup says Going From Broke exceeds 1M views on Crackle - Chicken Soup for the Soul Entertainment announced that the series Going From Broke, the Crackle original from executive producer Ashton Kutcher and Chicken Soup for the Soul Entertainment, has driven over 1 million total views since the May 20th launch of episode 1 of season 2. Episode 1 alone has already been viewed over 600,000 times. Unlike last season in which 10 episodes were released at once, this season's episodes are being released one episode at a time. Despite that fact, views are up over 32% over last season's first 10 days.
GRA ALB

Hot Stocks

09:24 EDT W.R. Grace completes acquisition of Fine Chemistry business - W. R. Grace & Co. (GRA) announced the completion of its acquisition of the Fine Chemistry Services business of Albemarle Corporation (ALB) for approximately $570 million, including $300 million paid in cash and $270 million funded through the issuance to Albemarle of non-participating preferred equity of a newly created Grace subsidiary.
NMKEF

Hot Stocks

09:23 EDT Nemaska Lithium secures chemical conversion facility site - Nemaska Lithium announces that it has entered into an option agreement to purchase a 500,000m plot of land in the Industrial park and port of Becancour to construct and operate its chemical conversion facility. The Conversion Facility will form part of an integrated project to market solution with Nemaska Lithium's Whabouchi mine to produce battery grade lithium hydroxide. The selection of the Becancour site comes at the end of a rigorous analysis by Nemaska Lithium to identify the best location for the Conversion Facility. The conclusion from the analysis found that the construction and operation of the Conversion Plant in Becancour offers the following advantages: provides direct access to a year-round deep-water port; allows plant design, construction and operation to be carried out without the constraints associated with pre-existing buildings; simplifies plant construction and provides options for future development; and avoids issues associated with the construction and operation of a chemical plant within an urban community.
GNUS

Hot Stocks

09:21 EDT Genius Brands names Never Wrong Toys as global master toy partner - Genius Brands International and Never Wrong Toys announce the appointment of Never Wrong Toys as global master toy partner for the animated series, Rainbow Rangers, available for streaming now on Kartoon Channel!, and from July on Netflix in the U.S., Canada, U.K., Australia, New Zealand, and the Middle East., Amazon Prime Direct in U.S. and U.K., and HBO Max Lat Am, joining Nick Lat Am, as well as key broadcasters around the world. Genius Brands and Never Wrong Toys will collaborate to develop a broad range of preschool products in the toy category, including dolls/figures, playsets, plush, vehicles, technology and interactive toys, musical toys, role play and much more. The toy line is anticipated to hit the retail market in Q1 2022 to coincide with the premiere of season three of Rainbow Rangers, exclusively on Kartoon Channel!
AI...

Hot Stocks

09:20 EDT C3 AI, Shell extend collaboration to accelerate deployment of AI, ML application - C3 AI (AI) and Shell (RDS.A;RDS.B) announced a five-year renewal of their strategic agreement to accelerate the deployment of enterprise AI and ML applications on the C3 AI Suite across Shell. This renewal is a significant expansion of the relationship C3 AI and Shell initially developed several years ago. The primary objective of the agreement is to address reliability, asset integrity, and process optimization across Shell businesses. "The need to accelerate the digital transformation of the energy industry and to ensure climate security has never been greater," said C3 AI Chairman and CEO Thomas Siebel. "Together with Shell, we are committed to driving cleaner energy and climate initiatives globally through the power of tried, tested, and scalable enterprise AI-based solutions. Our collaboration will shape the global market for AI/ML applications in the energy and resource industries."
CYDY

Hot Stocks

09:19 EDT CytoDyn recieves purchase order from Chiral Pharma for leronlimab use - CytoDyn announced that Chiral Pharma Corporation in the Philippines placed its first purchase order for leronlimab under a Compassionate Special Permit to treat critically ill COVID-19 patients in the Philippines. The Company expects to recognize revenues related to this purchase order upon fulfillment of the purchase order and the terms of the agreement.
KMI...

Hot Stocks

09:17 EDT Kinder Morgan to purchase Stagecoach Gas Services for $1.225B - Kinder Morgan (KMI) announced that it has agreed to acquire Stagecoach Gas Services, a natural gas pipeline and storage joint venture between Consolidated Edison (ED) and Crestwood Equity Partners (CEQP). Stagecoach consists of 4 natural gas storage facilities with a total FERC-certificated working gas capacity of 41B cubic feet and 185 miles of natural gas pipelines with multiple interconnects to major interstate natural gas pipelines, including Tennessee Gas Pipeline, a KMI subsidiary. The transaction requires regulatory approval under Hart-Scott-Rodino, and it is expected to close in the third quarter of 2021. KMI expects the investment to be immediately accretive to its shareholders. The $1.225B purchase price represents approximately10 times Stagecoach 2020 EBITDA that, with synergies, is expected to improve to a high single-digit EBITDA multiple.
CRM

Hot Stocks

09:17 EDT Salesforce and Combs Enterprises partner to create Shop Circulate marketplace - Combs Enterprises and Salesforce have teamed up to create SHOP CIRCULATE, a curated digital marketplace that allows consumers to discover and buy products exclusively created and sold by Black entrepreneurs. This new platform will be designed and built by Deloitte Digital, a leading Experience Consultancy and global strategic partner for Salesforce, and powered by Marketplacer's best-in-class online marketplace technology.
GHM

Hot Stocks

09:16 EDT Graham acquires Barber-Nichols for $70M in cash, stock deal - Graham announced that it has completed the acquisition of management-owned Barber-Nichols for $70.1M in a combination of 87% cash and 13% stock. The company also announced it has entered into new credit facilities including a 5-year term loan to finance a portion of the purchase price. With $56M in revenue and low-double digit EBITDA margins, BNI designs and manufactures specialty turbomachinery including highly specialized pumps, compressors and fans, and rocket engine turbopumps for critical applications, primarily in the defense and space industries. Graham acquired BNI for total consideration of $70.1M comprised of approximately $61.1M in cash and $9.0M in equity, or approximately 610 thousand shares at $14.69 per share. The purchase price is subject to typical working capital adjustments. The cash consideration was paid using a combination of $41.1M of cash on hand and $20.0M from a new credit facility. The purchase price represents an 11x twelve-month forward Adjusted EBITDA multiple. Following the acquisition, Graham's total shares outstanding are 10.6M. The stock purchase agreement also includes a contingent earn-out dependent upon certain post-acquisition financial measures of BNI, in which the sellers are eligible to receive up to $14M in additional cash consideration. Graham entered into a new five-year, $20M term loan to pay a portion of the acquisition purchase price and a $30M revolver with a $10M accordion feature for potential acquisitions. The interest rate on the term loan is variable based on levels of borrowings. At the current level, the rate is the Bloomberg BSBY short-term credit sensitive index plus 1.50%. The company also announced that Daniel Thoren, who was BNI's Chairman of the board and served as president and CEO for 24 years, has been appointed as President and COO of Graham Corporation. Matthew Malone, who had been recently named BNI's President & CEO, has been appointed Vice President and General Manager- Barber-Nichols for Graham.
LOTZ

Hot Stocks

09:13 EDT CarLotz to open hub in Denver, Colorado - CarLotz announced it will open a hub in Denver, Colorado. Located at 8120 West Tufts Avenue in Denver, the hub is the first for CarLotz in Colorado and in the Rockies. It is expected to open later this year.
FAT

Hot Stocks

09:12 EDT Fatburger, Death Row Records partner with the GRAMMY Museum - Fatburger and pioneering record label, Death Row Records, have officially partnered with the GRAMMY Museum in honor of the hip-hop label's thirtieth anniversary and African American Music Appreciation Month. This month, patrons at Fatburger can help support the continued legacy of The GRAMMY Museum by purchasing a XXXL Burger. Fans can also celebrate with limited-edition merchandise and 60 non-fungible tokens.
LOTZ

Hot Stocks

09:11 EDT CarLotz to open hub for St. Louis metro area - CarLotz announced it will open a hub to serve the St. Louis metro area. Located just outside of St. Louis at 1807 W Highway 50 in Fairview Heights, Illinois, the hub will provide CarLotz's guests in the greater St. Louis market with easy access to its service, value and inventory. The hub is expected to open later this year.
SUMO AMZN

Hot Stocks

09:10 EDT Sumo Logic and and AWS collaborate on hybrid threat protection - Sumo Logic (SUMO) announced the availability of a new multi-cloud and hybrid threat protection offering powered by Amazon Web Services, AWS (AMZN). The solution, Sumo Logic Cloud SIEM Powered by AWS, is built on the Sumo Logic Continuous Intelligence Platform and incorporates its security intelligence portfolio, which includes compliance, security analytics, and Cloud SIEM technologies with out-of-the-box integration with key AWS security services, and integrations with cloud-based SaaS and on-premises security services. The new solution is available in AWS Marketplace and provides deep insights to eliminate security blind spots across multi-cloud and hybrid environments to enhance security posture, and reduce an organization's risk profile.
PRGS

Hot Stocks

09:09 EDT Progress Software announces release of Progress DataDirect connectors - Progress announced the release of new Progress DataDirect connectors that seamlessly integrate with AWS Glue and dramatically simplify real-time data movement between a variety of data sources. The connectors are currently available in the AWS Marketplace. A serverless data integration service, AWS Glue makes it easy for anyone to discover, prepare and combine data for analytics, machine learning and custom application development on Amazon Web Services. While AWS Glue natively supports connectivity to AWS services, there is an ever-growing market of applications and databases that need to be accessed but are not directly accessible to AWS Glue processes. With DataDirect connectors for AWS Glue, users can easily access real-time data directly from AWS Glue, breaking down data silos to gain actionable insights.
KFY

Hot Stocks

09:07 EDT Korn/Ferry and NAIC form exclusive partnership - Korn Ferry and the National Association of Investment Companies, or NAIC jointly announced that they have formed an exclusive partnership to collaborate on a suite of transformational initiatives to improve diverse talent distribution and create more inclusive organizations in the alternative investment industry. The partnership brings Korn Ferry's vast global resources and innovative approach to inclusive talent acquisition and leadership development to the diverse investment manager space in a thoughtful and intentional way. It also leverages NAIC's robust professional network and comprehensive insights as the premier diversity thought leader in the alternative investment industry. Through this collaboration, Korn Ferry will support several key NAIC initiatives designed to increase representation and foster success for diverse professionals in the private equity and hedge funds space.
CEQP...

Hot Stocks

09:07 EDT Crestwood Equity, Consolidated Edison announce divestiture of Stagecoach Gas - Crestwood Equity Partners (CEQP) and Consolidated Edison (ED) announced that their subsidiaries entered into a purchase and sale agreement to divest Stagecoach Gas Services to a subsidiary of Kinder Morgan (KMI) for $1.225B. The cash proceeds from the divestiture will be split pro rata between Crestwood and Con Edison in line with each member's 50% ownership interest in the joint venture. The agreement was signed on May 31 and is subject to two closing periods. The first closing consists of the transfer of the Stagecoach subsidiaries (with the exception of Twin Tier Pipeline LLC) valued at $1.195B, and is expected to occur following approval under Hart-Scott-Rodino, during the third quarter.
HPQ

Hot Stocks

09:07 EDT HP Inc. completes $425M acquisition of HyperX, sees accretion - HP Inc announced the completion of its acquisition of HyperX, the gaming division of Kingston Technology Company. The acquisition supports HP's strategy to drive growth in its Personal Systems business, where gaming and peripherals are attractive segments. "We are delighted to officially welcome the incredible people of HyperX to HP. HyperX has built a loyal following among gamers and we look forward to further strengthening the HyperX brand," said Alex Cho, president, Personal Systems, HP Inc. "This acquisition further advances our ability to create the compute experiences of the future, expand into valuable adjacencies, and unlock new sources of growth." HyperX's award-winning product portfolio spans a range of gaming peripherals, including headsets, keyboards, mice, mouse pads, USB microphones, and console accessories. As previously announced, the purchase price of the transaction was $425M. The acquisition is expected to be accretive on a non-GAAP basis to HP in the first full year following closing.
BUD

Hot Stocks

09:06 EDT AB InBev achieves 2025 renewable electricity sustainability goal - Anheuser-Busch announced today that its entire portfolio of domestic beer and seltzer brands - including Bud Light, Michelob ULTRA, Busch and its Brewers Collective family of craft partners - is now brewed with 100% renewable electricity from solar and wind power. The Anheuser-Busch Solar Farm, the brewer's 222MWac solar project in Texas, officially comes online this month, marking the early achievement of Anheuser-Busch's Sustainability Goal to source 100% of its purchased electricity from renewables by 2025.
AEP

Hot Stocks

09:06 EDT American Electric announces several top management changes - American Electric Power announced several executive leadership changes to support the company's strategic priorities, according to Nicholas K. Akins, AEP chairman, president and CEO. The changes are effective July 1. Therace M. Risch has been promoted to executive vice president and Chief Information & Technology Officer. Risch leads technology initiatives across AEP including information technology, innovation and digital initiatives. She will also oversee the company's cyber and physical security organization, led by Stephen L. Swick, vice president and Chief Security Officer. Risch will continue to report to Akins. Charles E. Zebula, currently executive vice president - Energy Supply, has been named executive vice president - Portfolio Optimization and will continue to report to Akins. Zebula will lead operational and performance management and corporate asset strategy. Greg B. Hall, president of AEP Energy Partners, has been promoted to executive vice president - Energy Supply, reporting to Akins. He will oversee AEP's competitive businesses including AEP Generation Resources, AEP Energy, AEP OnSite Partners and AEP Renewables. The position of Brian X. Tierney, executive vice president - Strategy, is being eliminated and he is leaving the company. Risch joined AEP in May 2020 as senior vice president and chief information & technology officer. Previously, she was executive vice president and chief information officer for J.C. Penney Co.; executive vice president and chief information officer at COUNTRY Financial; and vice president of technology delivery services at Target Corp. Risch earned a bachelor's degree in mathematics and economics from Ripon College in Ripon, Wisconsin. Zebula has served in his current role since 2013 and previously held leadership roles including senior vice president and treasurer, senior vice president.
SFT

Hot Stocks

09:04 EDT Shift executives announce purchase of shares - Shift announced completed purchases of SFT Class A common stock on the open market by certain Section 16 and other executives: Co-Founder and Co-CEO Toby Russell; Co-Founder and Co-CEO George Arison; CFO Oded Shein; and CRO Mark McCollum.
CCMP

Hot Stocks

09:04 EDT CMC Materials elects Dr. Anne Roby to company's board - CMC Materials announces the election of Dr. Anne K. Roby to the Company's Board of Directors. Dr. Roby, most recently served as an Executive Vice President and Member of the Management Committee of Linde plc, a leader in industrial and specialty materials for the semiconductor and other industries, from September 2017, upon Linde's merger with Praxair, Inc., until her retirement in July 2020.
HROW

Hot Stocks

09:04 EDT Harrow Health launches new corporate, investor website - Harrow Health announced the launch of its newly redesigned corporate and investor website, harrowinc.com. The new website, which is mobile-friendly, improves functionality and provides easy access to both historical and current information on the Company, including Letters to Stockholders and its Corporate Presentation. The website also provides detailed information about Harrow Health's journey to becoming one of the leading eye health companies in the United States, along with the Company's mission, vision and values, its product pipeline, and its quest to be a part of providing the gift of eyesight to Americans and people in areas around the world where eyecare isn't as readily available or affordable.
GRWG

Hot Stocks

09:03 EDT GrowGeneration launches e-commerce platform - GrowGeneration announced the launch of GrowGeneration.com. The company's newly redesigned e-commerce platform now includes the option to Buy Online Pickup in Store. The BOPIS service will be available at select GrowGen locations.
VAL

Hot Stocks

09:03 EDT Valaris awarded well contract with Total E&P Cote d'Ivoire - Valaris announced that it has been awarded a one-well contract with Total E&P Cote d'Ivoire B.V. offshore Ivory Coast for drillship, VALARIS DS-12. The contract is expected to commence in the Q3.
KNX

Hot Stocks

09:03 EDT Knight-Swift announces stock acquisition of UTXL purchase price was $22.5M - Knight-Swift Transportation acquired 100% of the equity interests of Kansas City, Missouri-based UTXL. UTXL is a premier third-party logistics company, specializing in over-the-road full truckload and multi-stop loads in any length of haul throughout the United States, Canada, and Mexico. The purchase price consideration was approximately $22.5M, a portion of which was placed in escrow to secure indemnification obligations. The purchase price consideration is subject to a customary working capital adjustment and additional potential deferred payments over the next two years.
WDAY

Hot Stocks

09:03 EDT Workday announces continued momentum with healthcare solution - Workday announced continued momentum, with its healthcare solution, including supply chain management. New customers including the Medical University of South Carolina, Northeast Georgia Health System, Sentara Healthcare, and Sharp HealthCare have selected Workday to help transform operations to support new business models and improve care delivery. In addition, organizations such as Allina Health, Bon Secours Mercy Health, South Shore Health, and Spectrum Health were able to shift to virtual deployments amid the COVID-19 pandemic, going-live on schedule, helping maintain business continuity and improving medical supply management to support patient care.
SSNC

Hot Stocks

09:03 EDT SS&C amends proposal for acquisition of Mainstream - SS&C Technologies Holdings announced that it has amended the Scheme Implementation Deed with Mainstream Group Holdings to provide for an acquisition by SS&C of 100% of the shares and outstanding equity rights in Mainstream for A$2.76 per security pursuant to a scheme of arrangement. In the absence of a superior proposal, and subject to the independent expert concluding that the revised scheme is in the best interests of Mainstream shareholders, being customary carve-outs, the board of directors of Mainstream intends to support the revised scheme of arrangement on that basis. Terms of the proposed acquisition imply an enterprise value for Mainstream of approximately A$406M or approximately $314M, including transaction costs and net debt. The purchase will be subject to customary conditions, including approval by Mainstream shareholders, the relevant Australian court and certain regulatory approvals, and is expected to close in the Q3. SS&C is being advised by Citi as financial adviser and Gilbert + Tobin as legal adviser.
ECPG

Hot Stocks

09:02 EDT Encore Capital completes offering of senior secured notes - Encore Capital Group announced that it has completed its offering of GBP250 million aggregate principal amount of 4.25% senior secured notes due 2028. Encore used the proceeds from the offering to redeem in full the outstanding GBP226.2 million 7.50% senior secured notes due 2023 and to pay certain transaction fees and expenses incurred in connection with the offering of the Notes. In the second quarter of 2021, the Company expects to record charges related to the offering totaling approximately $8 million after tax.
FMBI

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09:00 EDT First Midwest trading resumes
ONB

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09:00 EDT Old National Bancorp trading resumes
SESN...

Hot Stocks

09:00 EDT Sesen Bio announces expansion of its senior leadership team - Sesen Bio (SESN) announced the expansion of its senior leadership team with the appointment of experienced industry leaders to several key roles: Patricia Drake to Chief Commercial Officer; Steve Barbera to Vice President, Market Access; Julie Hoff to Vice President, Human Resources; and Dewey McLin to Vice President, Medical Affairs. Patricia Drake is a seasoned biopharma executive with over 30 years of experience. Prior to joining Sesen Bio, Drake spent her career at Merck (MRK). Prior to joining Sesen Bio, Barbera served as the Vice President of Market Access at UroGen Pharma (URGN) and played a role in the launch of the company's first commercial product, Jelmyto. Prior to joining Sesen Bio, Ms. Hoff served as Director of Human Resources at Core & Main where she led various initiatives across talent management, M&A, and employee engagement and retention. Prior to joining Sesen Bio, McLin was Sr. Director of Medical Affairs and a Product Development Team lead at Greenwich Biosciences, where he played a role in the successful commercialization of the first cannabis-based product approved by the FDA to treat rare forms of epilepsy.
BROG

Hot Stocks

08:59 EDT Brooge Energy clients renew 233,072 cbm of storage capacity - Brooge Energy announced its customers have successfully renewed their fixed lease contracts for 233,072 cbm of Brooge Energy's Phase I storage capacity, at a premium that is 70% higher than the starting fixed lease storage price of the earlier contracts. The contract renewals consist of a total of 190,072 cbm signed with two clients on three-year terms each consisting of one year plus a two-year mutual renewal clause. The remaining 43,000 cbm was renewed by a client for a three-year term consisting of six months plus six months, subject to mutual renewal for an additional two years.
PBA

Hot Stocks

08:57 EDT Pembina Pipeline sees C$150M-C$200M in synergies from Inter Pipeline acquisition - Key Highlights: Combination of highly connected and complementary assets, resulting in greater vertical integration, expanded customer service offerings, and enhanced global market reach to maximize the value of products produced in the WCSB. Near-term synergies of C$150M-C$200M annually, which are expected to immediately contribute to meaningful adjusted cash flow per share accretion upon closing of the Transaction. Once the Heartland Petrochemical Complex is in full service, the combined company is expected to generate C$1.1B-C$1.4B of adjusted cash flow from operating activities after dividends annually, greatly enhancing its ability to fund existing and future capital investment. Combination will accelerate and de-risk accretive investment opportunities across various value chains, allowing for deployment of capital into projects at attractive rates of return. In addition to the projects currently under construction, the combined company has visible and highly probable unsanctioned investment opportunities in excess of C$6B. Strong financial platform, in adherence with Pembina's financial guardrails, with the addition of significant long-term contracted cash flow and long-lived underlying assets to Pembina's existing strong foundation. Pembina's monthly dividend to increase by C$0.01 per share, or 4.8%, to C$0.22 per share following closing of the Transaction. Following the successful commissioning and in-service of HPC, currently expected in 2022, incremental cash flow from the project is expected to support a further increase to the monthly dividend of an additional C$0.01 per share, to C$0.23 per share. Shared commitment to Environmental, Social and Governance priorities including investments that reduce the combined company's emissions intensity to contribute to a lower carbon economy. Incremental opportunities available to the combined company to be advanced in due course, prior to closing. Inter Pipeline shareholders will benefit immediately from an offer that provides a premium to the current trading price, an immediate 175% increase to their monthly dividend upon closing, and by sharing in the synergies and enhanced growth potential arising from the combined company.
DTE

Hot Stocks

08:52 EDT DTE Energy and AHF announce museum's enrollment in DTE's MIGreenPower program - DTE Energy and the Automotive Hall of Fame, AHF announced the museum's enrollment in DTE Energy's MIGreenPower program. The first museum to enroll in DTE's MIGreenPower program, the AHF will attribute 100% of its energy use to Michigan wind and solar projects. Additionally, the museum has enrolled in Charging Forward, DTE's electric vehicle charging incentive program and now has two charging stations in the parking lot available for visitors with EVs. DTE also performed an energy audit at the museum, a complimentary service the company offers to qualified customers. As a result of the audit, DTE is working with the museum to achieve cost savings by installing energy efficient lighting and implementing other measures to reduce energy usage. "While the Automotive Hall of Fame celebrates our industry's past, we also showcase its future," said Ramzi Hermiz, chairman of the Automotive Hall of Fame Board of Directors. "Embracing clean energy and doing our part to reduce emissions goes hand in hand with the evolution we are seeing in the automotive and mobility markets. We appreciate the support and guidance we've received from DTE Energy toward becoming a carbon-neutral institution."
SUP F

Hot Stocks

08:51 EDT Superior Industries announces electric Ford Mustang to utilize its wheels - Superior Industries International (SUP) announced that it will be one of the first North American aluminum wheel manufacturers to supply premium cast aluminum wheels made from low carbon footprint aluminum for the all-electric Ford (F) Mustang Mach-E. Majdi Abulaban, Superior Industries' CEO, commented, "Climate change, and its far-reaching impacts, is one of the global community's most pressing problems. At Superior, we are doing our part for a greener world by advancing our sustainability initiatives across the organization. As more and more companies align with institutional mandates to achieve net zero greenhouse gas emissions, our products will play an important role, which underscores our aspirations to provide sustainable wheels for automotive OEMs."
ARHH

Hot Stocks

08:51 EDT Assure Holdings enters in-network agreement with Louisiana health insurer - Assure Holdings announced that it has signed an agreement with a commercial health insurer in the state of Louisiana with whom it has had a protracted dispute. The Agreement is effective retroactively as of May 1, 2021, and allows the Company to provide its professional telehealth neurology services for IONM as an in-network healthcare provider of the Insurer in Louisiana. The Agreement will help streamline the Company's billing and collections process in Louisiana by including contracted rates, payment of claims within 45 days, medical necessity conditions and dispute resolution steps. The Agreement includes a right for both parties to terminate the Agreement with 90 days' written notice. In addition, the Insurer has committed to expedite all open claims since January 1, 2020, at the contracted rates. The Agreement concludes a protracted negotiation with the Insurer over a dispute in which cases were performed, services were rendered by Assure and associated claims were submitted, but reimbursement associated with the services performed by Assure were not subsequently made by the payor.
AQB

Hot Stocks

08:51 EDT AquaBounty received approval from CTNBio for sale of GE Atlantic salmon - In a regulatory filing on Friday, AquaBounty disclosed that on May 28, 2021, Sylvia Wulf, the company's CEO, announced that the company had received approval for its application to Brazil's National Biosafety Technical Commission, or CTNBio, for the sale of the company's genetically engineered, or GE, Atlantic salmon. "CTNBio assessed AquaBounty's application to ensure it met the relevant standards and regulatory requirements and concluded that consuming AquaBounty's GE salmon is safe for the environment and human health," the company's filing stated.
ANF

Hot Stocks

08:50 EDT Hollister announces collection co-created by GLSEN student activists - Hollister is celebrating PRIDE Month and the fifth year of its partnership with GLSEN by launching a limited-edition product collection co-created with GLSEN's National Student Council Members. This gender-neutral collection is designed to highlight the beautiful ways to celebrate PRIDE and is made to help customers be their most proud, powerful selves. The collection, which can be shopped online and in stores, features more than 40 PRIDE-themed styles to wear no matter how you choose to celebrate. The product, ranging from tees and shorts, to lounge, swimwear, dresses, fragrance and underwear, is gender-neutral and showcases PRIDE representation across the LGBTQIA+ spectrum. Styles in the PRIDE collection range in price from $9.95 to $49.95.
HEXO

Hot Stocks

08:49 EDT Hexo and Zenabis announce closing of 'arrangement' - HEXO and Zenabis Global announce that they have completed the previously announced arrangement (the , pursuant to which HEXO has acquired all of the issued and outstanding common shares of Zenabis by way of a plan of arrangement under the Business Corporations Act (British Columbia).
WETF

Hot Stocks

08:49 EDT WisdomTree lists bitcoin, ether ETPs on Euronext - WisdomTree has announced its physically-backed bitcoin and ether ETPs have listed on Euronext exchanges in Paris and Amsterdam. WisdomTree Bitcoin and WisdomTree Ethereum each have a total expense ratio of 0.95% and are already listed on Germany's Borse Xetra and SIX, the Swiss Stock Exchange. The listings of BTCW and ETHW on the Euronext exchanges follow a series of new developments across WisdomTree's digital assets platform. In April, ETHW launched on Borse Xetra and SIX. Also in April, BTCW listed on Borse Xetra. WisdomTree offers Europe's lowest priced physically-backed bitcoin and ether ETPs.
SPOK

Hot Stocks

08:48 EDT Spok nominates Randy Hyun to board of directors - Spok announced that its board of directors intends to nominate Randy Hyun for election to the board at the 2021 Annual Meeting of Stockholders, which is expected to be held July 20, 2021. Hyun is the Chief Operating Officer of CarepathRx and the CEO of CarepathRx Health Systems Solutions. The company also announced that its Board of Directors has formed a Capital Allocation Committee which is comprised of Christine Cournoyer, Brett Shockley and Todd Stein. Cournoyer will serve as chairperson of the Committee which will be responsible for assisting the Board in its oversight of the Company's operational objectives and corporate strategy, capital allocation priorities and other opportunities for maximizing shareholder value.
MSLP

Hot Stocks

08:47 EDT MusclePharm closes four more distributors for MP Performance Energy line - MusclePharm Corporation reported that they secured distribution with four additional distributors: Nutrition Systems, a distributor of sports nutrition in Australia and New Zealand, Muscle & Strength, a distributor in the online sports nutrition space, Muscle Foods USA, a domestic nationwide and military sports nutrition supplier, and DNA Sports Nutrition, a distributor of drinks, bars, and nutritional supplements in the United States. MP Energy is slated to begin distribution in summer, 2021.
EARS

Hot Stocks

08:46 EDT Auris Medical starts preparations for Covid-19 trial with Bentrio in India - Auris Medical Holding announced that its affiliate Altamira Medica Ltd. has started preparations for the conduct of a study with its BentrioTM nasal spray for protection against airborne viruses and allergens in India. The study will seek to evaluate the efficacy of Bentrio in the prevention and treatment of acute Covid-19 and shall start recruitment in the third quarter 2021 subject to regulatory and ethics committee approval. "In our studies in human nasal epithelium cells, Bentrio has shown to be highly effective both in protecting against SARS-CoV-2 when applied before infection onset and in reducing infectiousness when applied afterwards", commented Thomas Meyer, Auris Medical's founder, Chairman and CEO. "We now look forward to testing and confirming Bentrio's efficacy also clinically. Despite great progress with vaccination programs, Covid-19 remains a major health risk and concern for many people and many countries worldwide, as evidenced by recent surges in infection rates and the continued emergence of virus variants."
TBK

Hot Stocks

08:45 EDT TriumphPay closes acquisition of Hubtran - TriumphPay announced that it has closed the previously announced acquisition of HubTran, a cloud-based provider of automation software for the transportation industry's back-office. As a result of this acquisition, HubTran will operate as a service of TriumphPay. TriumphPay and HubTran will continue to operate as independent brands until the full integration of the platform is completed, which is expected to occur in the fourth quarter of 2021. Under the terms of the agreement, TriumphPay acquired HubTran for $97M in cash subject to customary purchase price adjustments.
RCAR

Hot Stocks

08:44 EDT RenovaCare intends to 'vigorously defend itself' against SEC allegations - RenovaCare, announced that it intends to vigorously defend itself and its stockholders against allegations made by the U.S. Securities and Exchange Commission in a civil complaint filed on May 28, 2021 regarding legacy events from over 3 years ago. The company said, "The Company strongly disagrees with statements in the Complaint and is disappointed with the action taken by the agency. RenovaCare looks forward to presenting tangible evidence in support of its position in a fair, balanced and unbiased judicial forum. The Company's management remains focused on advancing its technologies, continuing to build the fundamentals of the Company's business, and enhancing and sustaining stockholder value. RenovaCare has cooperated fully and complied with all requests made by the SEC over the past three-plus years and delivered complete documentation relating to its technology, intellectual property, medical journals, interactions with the U.S. Food and Drug Administration and other business matters. The Company believes that the SEC findings and allegations do not relate to these substantive areas. The Company takes issue with the Complaint, which generally alleges that the Company and Mr. Harmel S. Rayat, RenovaCare Chairman, violated the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder, and also alleges that Mr. Rayat aided and abetted the Company's violation of those provisions. The Complaint also charges RenovaCare with violating the reporting provisions of Exchange Act Section 15(d) and Rules 15d-11 and 12b-20 thereunder. The SEC seeks permanent injunctions and civil penalties against both defendants, and officer-and-director and penny stock bars against Mr. Rayat. Recently, RenovaCare was granted full Investigational Device Exemption by the FDA, enabling the Company to conduct a clinical trial to evaluate the safety and feasibility of its SkinGun and CellMist System for the treatment of burn wounds using skin cells obtained directly from the patient. The Company intends to initiate the clinical trial soon at four U.S. burn centers. The Company's SkinGun and CellMist System has been developed as a potential alternative to skin grafting and other treatment options, such as in vitro cultured skin epithelial cells that require a specialized and expensive external laboratory. In late 2019, RenovaCare was issued a patent allowing the Company's novel SkinGun device to spray a variety of tissues and cells, thus opening the door for its potential application in the regeneration of other tissues, beyond skin."
XSPA

Hot Stocks

08:44 EDT XpresSpa announces launch of treatcare.com - XpresSpa Group announced the launch of Treat , a new travel brand that provides access to integrated care services that can seamlessly fit into a health and wellness lifestyle. Empowering travelers to take a health-first approach to the journey ahead, Treat will act as a wellness concierge, providing medical care and wellness services to consumers as they return to travel. "We are elated to announce the launch of Treat, our new lifestyle brand designed to accompany travelers wherever in the world they may go. With a focus on life-long wellness, we look forward to providing our members with an unencumbered confidence to travel, thanks to the knowledge that they have constant medical and wellness support at their fingertips," said Doug Satzman, XpresSpa CEO. "Treat is positioned for a post-pandemic world and designed to deliver on-demand access to integrated healthcare through technology and personalized services. Travelers will be able to access health care, records and real-time information all in one place, as we will feature original content, access to resources about global COVID-19 requirements, and curated e-commerce. Memberships, available later this summer, will provide a mobile app subscription with access to integrated medical and wellness care, virtually and physically in select airports. Treat's mobile app, launching later this summer, will provide access to on-demand virtual care, including chat care, video care and a "travel wallet" with access to a person's medical records and test results.
LVMUY EMN

Hot Stocks

08:43 EDT LVMH Perfumes & Cosmetics collaborates with Eastman Chemical on packaging - LVMH Perfumes & Cosmetics, a division of LVMH (LVMUY) announces its collaboration with Eastman (EMN) to develop packaging made possible through Eastman's molecular recycling technologies. Parfums Christian Dior is the first of LVMH's major historic Houses to introduce Eastman Cristal Renew copolyester, with 30% certified recycled content, for its Dior Addict Lip Maximizer packaging that hits shelves this summer. Eastman and LVMH will continue to work together on sustainable packaging solutions across LVMH's family of distinguished brands, with additional adoption expected over the next several months.
ATER

Hot Stocks

08:41 EDT Aterian announces certain stockholders agree to lock-up pacts - Aterian announced that certain stockholders have voluntarily entered into lock-up agreements with the Company with respect to an aggregate of 4,058,116 shares of common stock or 13.3% of the total issued and outstanding shares of common stock of the Company as of March 31. Aterian's Co-Founder and CEO, Yaniv Sarig, agreed to lock up all of the shares that he controls through January 1, 2022. Also included among the Stockholders are the Company's co-founders, Asher Delug and Maximus Yaney as well as certain sellers in Aterian's recent asset acquisitions, 9830 Macarthur and Healing Solutions. Asher Delug and Maximus Yaney agreed to lock up a portion of the shares that they control through December 1, 2021, and 9830 Macarthur LLC and Healing Solutions LLC have each agreed to extend, with respect to a portion of their shares, the lock-up agreements entered into in connection with Aterian's asset acquisitions to December . The lock-up agreements stipulate that these stockholders will not sell, pledge, assign, transfer, hypothecate or otherwise dispose of any of the Lock-up Shares, or enter into any swap, hedge or engage in any short-selling of the Lock-up Shares, in addition to other restrictions. Yaniv Sarig, Co-Founder and CEO of Aterian, commented, "The lock-up agreements announced today reflect the continued confidence that I and other large Aterian stockholders have in the long term prospects of the Company."
MCHP

Hot Stocks

08:40 EDT Microchip extends FPGA family's security with DesignShield tool - Microchip Technology announced it has extended its FPGA family's security with the DesignShield development tool that further helps prevent this information from being extracted for malicious purposes. The DesignShield tool was created to protect developers of aerospace, defense and other high-assurance systems from cybercriminals trying to acquire an FPGA's bitstream from the fielded system. It deters reverse-engineering of the bitstream, which can often include CPI, by obscuring its logical equivalent using a combination of logic and routing-based encryption techniques. This improves design security and integrity while reducing system corruption risks, and reduces the possibility that custom code, intellectual property, or information critical to national security is used by non-authorized agents.
CNSWF

Hot Stocks

08:39 EDT Lumine Group completes acquisition of Neural Technologies - Lumine Group announced that it has completed the acquisition of Neural Technologies, a provider of modular revenue protection, signalling, machine learning and artificial intelligence software for telecom operators. Its revenue assurance suite includes capabilities for fraud management, revenue assurance, credit-risk management, business assurance, and anti-money laundering. Its ML and AI capabilities assist telecom operators with data integration and customer engagement. Neural is Lumine's 19th acquisition, further establishing Lumine's position as a leading global acquirer of communications and media software businesses.
ACRX

Hot Stocks

08:38 EDT AcelRx announces findings from Sublingual Sufentanil study - AcelRx Pharmaceuticals announced important findings from a podium presentation on DSUVIA during the Best Papers of the Regional Societies session at the California Society of Plastic Surgeons 71st Annual Meeting in Monterey CA. The presentation entitled "The Use of Sublingual Sufentanil for Peri-operative Pain Management in an Outpatient and Clinic Setting" was presented on May 31 by Hisham Seify, FACS and reported on data collected from a total of 76 patients during both short and long-duration general anesthesia plastic surgery cases as well as "awake" cosmetic procedures performed at the Newport Plastic and Reconstructive Surgery's center. Procedures were performed utilizing a single DSUVIA tablet in combination with general anesthesia. Patients undergoing short procedures required no opioids in the postanesthesia care unit, or PACU, and had an average recovery time of 33 minutes with no adverse events reported. Following long-duration procedures, which often included multiple cosmetic procedures combined, 89% of the patients were opioid-free in the PACU, recovery time averaged 1 hour and the only adverse event was one patient that had nausea. Seify also presented his protocol for using DSUVIA during "awake" surgery cases and reported that to date they had seen no adverse events or vital sign instability in these patients. The data presented at the meeting are from an investigator-initiated trial supported by AcelRx. Seify is a paid consultant for AcelRx.
TCON

Hot Stocks

08:38 EDT Tracon Pharmaceuticals says IDMC recommends continuation of ENVASARC trial - TRACON Pharmaceuticals announced that the Independent Data Monitoring Committee for the ENVASARC pivotal trial has recommended that the trial will proceed as planned following the review of safety data from more than 20 patients enrolled into the trial to date. The safety data reviewed included data from more than 10 patients enrolled into cohort A of treatment with single agent envafolimab and more than 10 patients enrolled into cohort B of treatment with envafolimab and Yervoy.
CDNA

Hot Stocks

08:37 EDT CareDx starts enrollment in MAPLE study for liver care - CareDx, announced the enrollment of the first patient in the Molecular Assessment and Profiling of Liver Transplant Recipients MAPLE Study at Mount Sinai Hospital in New York. MAPLE is a multi-center, prospective study of the LiverCare platform, a novel multi-modality approach to assess the status of liver allografts. LiverCare will include the following: AlloSure Liver - donor-derived cell-free DNA-based measure of organ injury.In addition, LiverCare includes a proprietary machine learning algorithm to predict allograft outcomes based on clinical parameters. The study, which was first announced earlier this year, will enroll 1500 liver transplant recipients and marks the beginning of CareDx's work in liver transplant. The first enrolled patient demonstrates the continued momentum behind the study and CareDx's commitment to patient care across transplant organ types. "MAPLE will help us define the application of multi-modality testing in liver transplant," said Dr. Sham Dholakia, Senior Vice President of Medical Affairs at CareDx. "As leaders in transplantation, CareDx was first to market with surveillance tests supported by clinical data in kidney and heart, and we are leading in lung. We will continue to invest in clinical data development and follow the science in support of transplant patients."
BIOX

Hot Stocks

08:37 EDT Bioceres receives approval of HB4 drought soybean in Canada - Bioceres Crop Solutions announced it has successfully completed the regulatory review process and received approval for its HB4 drought and herbicide tolerant soybeans from the Canadian Health Agency and the Canadian Food Inspection Agency. Currently, HB4 soybean is approved for production in the United States, Brazil, Argentina and Paraguay, collectively representing, together with Canada, 85% of the world's hectarage dedicated to the crop.
MJDLF

Hot Stocks

08:37 EDT Major Drilling completes acquisition of McKay Drilling - Major Drilling Group International announced the closing of the previously announced acquisition of all of the issued and outstanding shares of privately-held McKay Drilling, a family-owned drilling company and a leading specialty drilling contractor based in Perth, Australia. The transaction was completed by payment of the cash portion of the purchase price of A$39.7M subject to post-closing debt, working capital adjustments and holdbacks using Major Drilling's current cash balance and debt facilities as well as the issuance of 1,318,101 common shares of Major Drilling, valued on the closing of the transaction by the volume weighted average price of the shares on the TSX for the 10 trading days before the closing date. In addition, an earn-out of up to A$25M will be payable in cash over the next three years, based on the achievements of certain milestones.
WMT

Hot Stocks

08:37 EDT PlantX To launch on Walmart Canada marketplace - PlantX Life is pleased to announce that it has entered into an agreement to launch as a seller on Walmart Canada Marketplace. Walmart Canada Marketplace was launched in 2009 and integrates a curated community of respected and well-known retailers that aim to offer consumers high-quality and reputable products. The new collaboration will enable PlantX to take advantage of the extensive Walmart Canada Marketplace digital marketing services and customer base. PlantX on Walmart Canada Marketplace will initially sell grocery and pantry items from various brands such as Simply Organic, Made in Nature, Cadia and Nutiva, with potential opportunities to diversify its offerings on this platform in the future.
ONB FMBI

Hot Stocks

08:36 EDT Old National, First Midwest announce all-stock merger, value of $6.5B - Old National Bancorp (ONB) and First Midwest Bancorp (FMBI), jointly announced they have entered into a definitive merger agreement to combine in an all-stock merger of equals transaction with a total market value of $6.5B to create a premier Midwestern bank with $45B in combined assets. Under the terms of the merger agreement, which has been unanimously approved by the boards of directors of both companies, First Midwest stockholders will receive 1.1336 shares of Old National common stock for each share of First Midwest common stock they own. Following completion of the transaction, former First Midwest stockholders are expected to collectively represent approximately 44% of the combined company. The new organization will operate under the Old National Bancorp and Old National Bank names, with dual headquarters in Evansville, Indiana and Chicago, Illinois. Michael Scudder, Chairman and CEO of First Midwest Bancorp, will serve as the Executive Chairman and Jim Ryan, Chairman and CEO of Old National Bancorp, will maintain his role as CEO. The Board of Directors of the combined company will have 16 directors, consisting of 8 directors from Old National and 8 directors from First Midwest. Becky Skillman, lead independent director for Old National, will retain this position in the combined company. The transaction is expected to close in late 2021 or early 2022 subject to customary closing conditions, including regulatory and shareholder approvals.
FCMGF

Hot Stocks

08:36 EDT Firm Capital Mortgage CFO Boris Baril resigns - Firm Capital Mortgage Investment Corporation hereby announces that Boris Baril has resigned as CFO of the Corporation effective immediately. In the interim, Sandy Poklar has been appointed CFO until such time as the Corporation finds a permanent replacement, subject to TSX and regulatory approval.
CP...

Hot Stocks

08:35 EDT Canadian Pacific: Opposition to CN-KCS' proposed use of voting trust increases - Canadian Pacific Railway (CP) announced that more than 130 stakeholders have filed statements with the Surface Transportation Board requesting the STB reject Canadian National's (CNI) proposed use of a voting trust. This brings the total letters submitted to more than 960, including 250-plus expressing concern about CN and Kansas City Southern's (KSU) combination, its use of a voting trust, or both, and more than 730 in support of CP-KCS. The opposition letters - from a range of stakeholders including shippers, ports, local governments, transportation associations and other stakeholders - highlight the extensive risks the proposed CN-KCS voting trust poses to competition by reducing shipper options. Stakeholders also expressed strong concerns over the likelihood of reduced service quality and infrastructure investments as a result of the proposed CN transaction. These concerns echo those of the Department of Justice, which on May 14 filed comments with the STB objecting to CN's proposed use of a voting trust on the grounds that a CN merger with KCS would pose greater risks to competition than the CP-KCS agreement. CN's recent announcement that it intends to "divest" KCS' 70-mile line between New Orleans and Baton Rouge (but still retain full operating rights) fails to address these concerns. For example, this token divestment would not begin to address the competitive issues in the rail corridors running north from Louisiana and Mississippi through America's heartland, where KCS and CN have historically competed; nor would it address many shippers and stations that are today served by both KCS and CN in markets like Omaha/Council Bluffs, Jackson, MS, Springfield, IL, and St. Louis. CP-KCS is the only viable Class 1 combination and has received overwhelming support across the transportation supply chain. As previously announced, CP intends to proceed with its STB application process to acquire KCS. CP believes that pursuing its application is in the best interests of both KCS and the public so that the pro-competitive CP-KCS transaction can proceed to be reviewed by the STB and - in the event KCS' agreement with CN is terminated or CN is otherwise unable to acquire control of KCS - a potential acquisition of KCS by CP could be implemented without undue delay. Importantly, the STB has already approved CP's use of a voting trust and affirmed KCS' waiver from the new rail merger rules it adopted in 2001 because a CP-KCS combination is truly end-to-end and pro-competitive. CP stands ready to reengage with KCS.
AME

Hot Stocks

08:35 EDT Ametek appoints Stewart Douglas as CIO - AMETEK announced that its Board of Directors has elected Stewart Douglas as Vice President and CIO, following the retirement of Ken Weirman who held the same position since joining AMETEK in 2010. Douglas joined AMETEK in 2007, serving as Division Vice President of Businesses Systems for the Aerospace & Defense and Power divisions. Prior to joining AMETEK, Mr. Douglas served as IT Director at Rohm and Haas, European IT Manager at Shipley Europe, and European IT Manager at ITT Cannon.
GRTS

Hot Stocks

08:35 EDT Gritstone Oncology appoints Naiyer Rizvi, Shefali Agarwal to board - Gritstone bio announced changes to its Board of Directors. Naiyer A. Rizvi, M.D., newly appointed chief medical officer at Synthekine, a private biotechnology company, and until recently Price Family Professor of Medicine, director of Thoracic Oncology and co-director of Cancer Immunotherapy at Columbia University Medical Center, and Shefali Agarwal, M.D., M.P.H., executive vice president and chief medical and development officer at Epizyme, Inc., have joined the Board. Simultaneously, Tom Woiwode, Ph.D., managing director at Versant Ventures, and Nicholas Simon, senior managing director at Blackstone Life Sciences, have stepped down from the Board.
TRIP TCOM

Hot Stocks

08:33 EDT TripAdvisor and Trip.com Group expand strategic partnership - Trip.com Group (TCOM) and Tripadvisor (TRIP) announced an expansion of the strategic partnership first announced in November 2019, including a new commercial arrangement and waiver under the Governance Agreement. Trip.com and Tripadvisor have agreed to expand their strategic partnership to include Tripadvisor Plus. Initially, Trip.com will provide access to preferential pricing on at least 10,000 properties to benefit the Tripadvisor Plus offering, Tripadvisor's new, direct-to-consumer subscription service. This collaboration, to be launched later this year, is expected to be expanded over time. Concurrently, Trip.com has been granted approval under the Governance Agreement to sell a portion of its holdings in Tripadvisor, which at April 16 consisted of approximately 6.95M shares, to meet its corporate needs. Sales by Trip.com are expected to occur in multiple tranches throughout 2021. Trip.com has relinquished its contractual right under the Governance Agreement to nominate a director to the Tripadvisor board of directors, which position has been held by Trip.com Group CEO, Jane Sun. As an indication of the commitment to the ongoing relationship between the companies, Sun will continue to serve on the Tripadvisor board, subject to the typical shareholder voting process.
XELA

Hot Stocks

08:33 EDT Exela expands PCH deployment for TPA - Exela Technologies announced expansion of PCH Global platform deployment for over 18,000 providers across the country increasing the total PCH Global registered user headcount to over 35,000 healthcare providers and hospital systems. This effort will accelerate the digital transformation efforts for a major US health insurance company's TPA division and is part of a broader relationship built over 24 years. Exela has continued to invest in expanding PCH Global capabilities to provide a cloud hosted solution with one of the best edit resolutions for healthcare claims. This expansion of deployment marks another milestone in PCH Global platform's growing value proposition in healthcare to digitally connect members, providers and1 insurance companies for clean claims, payment transparency and digital appeals. "This deployment accelerates our customer's digital transformation journey by connecting key constituents of the industry. PCH Global will reduce administrative costs and improve transparency by ensuring claims are paid correctly the first time" said Srini Murali, Exela's President for Americas & APAC.
SMP

Hot Stocks

08:32 EDT Standard Motor acquires capital stock of Trumpet Holdings for $108M - Standard Motor Products announced that it has acquired 100% of the capital stock of Trumpet Holdings a Delaware corporation for $108M subject to certain post-closing adjustments. Trombetta is a worldwide leader in providing power switching and power management products to OE customers in various markets. Trombetta generates approximately $60M in annual revenue, and has manufacturing facilities in Milwaukee, Wisconsin, Sheboygan Falls, Wisconsin, and Tijuana, Mexico, as well as a majority ownership in a joint venture in Wuxi, China. SMP will fund the acquisition in cash through borrowings under its revolving credit facility. We anticipate the acquisition will be accretive to earnings in 2021.
DDD

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08:31 EDT 3D Systems to sell On Demand Manufacturing business for $82M - 3D Systems announced it has signed an agreement to sell its On Demand Manufacturing business to Trilantic North America for a purchase price of $82M, subject to certain closing conditions and adjustments. The sale includes the company's On Demand Manufacturing experts and facilities in Lawrenceburg, Tennessee; Seattle, Washington; Le Mans, France; Pinerolo, Italy; and High Wycombe, England. 3D Systems' On Demand Manufacturing business, which will be rebranded under Trilantic North America's ownership as Quickparts, offers a variety of advanced and rapid manufacturing services, including additive and subtractive capabilities. As with the divestitures announced earlier this year, by taking this action 3D Systems can more effectively focus on its strategic purpose as the leader in enabling additive manufacturing solutions for applications in growing markets that demand high-reliability products. 3D Systems will continue its collaboration with Quickparts after the sale closes to support shared customers.3D Systems announced earlier this month that the company is investing in a 50,000 square foot expansion of its presence in Littleton, Colorado to expand its healthcare and industrial application development and advanced production capabilities. Through this infrastructure investment, the company will add expertise and the most advanced metal additive manufacturing technologies to address new, more complex industrial applications such as those for aerospace, automotive, semiconductor, and energy. The enhancements to the Littleton site will complement the work being done at 3D Systems' other application development and advanced manufacturing sites in Rock Hill, South Carolina; Moerfelden, Germany; Budel, Netherlands; and Leuven, Belgium. The company recently added metal 3D printing technology to its site in Leuven in support of the work its application development and advanced manufacturing teams do for the semiconductor capital equipment, aerospace, defense, and automotive industries. Additionally, 3D Systems plans to add both plastics and metals technologies to its Rock Hill, South Carolina location, including the recently announced Roadrunner High Speed Fusion 3D printing system. 3D Systems expects completion of the On Demand Manufacturing transaction to occur in the third quarter of 2021.
ENLV

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08:31 EDT Enlivex Therapeutics announces Canadian issuance of pharma composition patent - Enlivex Therapeutics announced that the Canadian Intellectual Property Office has issued Canadian Patent No. 2,893,962 covering Allocetra, the Company's immunotherapy product candidate. The new patent is expected to provide added intellectual property protection for pharmaceutical compositions, manufacturing methods and uses of Allocetra. Oren Hershkovitz, PhD, CEO of Enlivex, stated, "We are pleased to have this patent granted in Canada, which adds to existing Allocetra patents in various countries around the world. We currently continue to focus our clinical development efforts on life-threatening diseases with high mortality rates and no effective treatments such as sepsis, COVID-19, and solid tumors." Allocetra is being developed as a universal, off-the-shelf cell therapy designed to reprogram macrophages into their homeostatic state. Diseases such as solid cancers, sepsis, COVID-19 and many others reprogram macrophages out of their homeostatic state. These non-homeostatic macrophages contribute significantly to the severity of the respective diseases. By restoring macrophage homeostasis, Allocetra has the potential to provide a novel immunotherapeutic mechanism
JNJ

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08:30 EDT Janssen reports new data for BCMA CAR-T, Cilta-Cel - Janssen Pharmaceutical of Johnson & Johnson announced that new data for ciltacabtagene autoleucel, an investigational B-cell maturation antigen-directed CAR-T therapy, demonstrated sustained efficacy and durable responses in heavily pretreated patients with relapsed/refractory multiple myeloma. Updated results from the Phase 1b/2 CARTITUDE-1 study with a longer-term follow-up at a median of 18 months showed an overall response rate of 98%, with 80% of patients achieving an increasing rate of stringent complete response, highlighting a deepening response over time (increasing from 67% sCR presented at ASH 2020. These data also showed 66% of patients were progression free and alive at 18 months. The latest findings showed 18 month overall survival of 81% and response rates comparable across prespecified subgroups and lines of treatment. Data from the CARTITUDE-1 study supported the filing of a marketing authorisation application to the European Medicines Agency in April 2021. The study included patients who had received a median of six prior treatment regimens. All patients were triple-class exposed, while 42% of patients were penta-drug refractory and 99% of patients were refractory to the last line of therapy. 14% of patients achieved a very good partial response and 3% achieved a partial response. Median time to first response was one month and responses deepened over time. Among minimal residual disease evaluable patients, 92% achieved MRD negativity status at 10-5 at a median of one month post infusion. The data demonstrated a consistent safety profile for cilta-cel and no new safety signals were observed with longer follow-up. Cytokine release syndrome of any grade was observed in 95% of patients with a median duration of four days, and 99% of which resolved within 14 days of onset. Of the 92 patients with CRS, 95% experienced Grade 1/2 events. Neurotoxicity of any grade was observed in 21% of patients, with Grade 3 or higher neurotoxicity observed in 10% of patients. First Results from the CARTITUDE-2 Study. Findings from Cohort A in the Phase 2 CARTITUDE-2 study evaluating the safety and efficacy of cilta-cel in patients with multiple myeloma whose disease progressed after one to three prior lines of therapy, and who were lenalidomide refractory, will be presented for the first time at ASCO and as an oral presentation at the European Hematology Association Congress. Results from this cohort showed early and deep responses at a median of 5.8 months of follow-up, and an ORR of 95% with 45% of patients achieving a sCR, 30% of patients achieving a CR, 10% of patients achieving a VGPR, and 10 percent of patients achieving a PR. The overall safety profile, including incidence of CRS and most common haematologic AEs, was consistent with observations in the CARTITUDE clinical development programme. Results in a separate poster will detail the incidence, mitigation and management of neurologic AEs in patients in Cohort A from the CARTITUDE-2 study.6 Neurotoxicities occurred in 20% of patients; however, there were no movement and neurocognitive treatment-emergent AEs or Grade 3 neurotoxicity events observed in patients of Cohort A.
ADVM

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08:30 EDT Adverum Biotechnologies appoints Julie Clark as CMO, Brigit Riley as CSO - Adverum Biotechnologies announced the appointment ofJulie Clark, M.D., as chief medical officer, and Brigit Riley, Ph.D., as chief scientific officer effective immediately, both reporting directly to Laurent Fischer, M.D., Adverum's CEO. As chief medical officer, Dr. Clark will be responsible for clinical strategy and implementation of clinical trials across all phases of development. As lead medical director - retina, she was responsible for the Phase 3b clinical trial for BEOVU and served as medical lead for cross-functional team initiatives for product launch. In her position as chief scientific officer, Dr. Riley will be responsible for leading Adverum's portfolio of drug discovery and development programs. Most recently Dr. Riley has been an advisor to several gene therapy companies. On June 1, 2021, Adverum granted Dr. Riley a stock option to purchase 450,000 shares of Adverum's common stock pursuant to the inducement grant exception under Nasdaq Rule 5635(c)(4), as an inducement that is material to her entering into employment with Adverum. The option has a per share exercise price equal to the closing sales price of Adverum's common stock on the Nasdaq Stock Market on the grant date, and will vest over four years, subject to her continued service with Adverum.
IMMP

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08:27 EDT Immutep in collaboration, supply agreement with Merck KGaA - Immutep Limited is in a new collaboration and supply agreement with Merck KGaA, Darmstadt, Germany, for a Phase I/IIa clinical trial in patients with solid tumor. The biotechnology company said the trial will evaluate the feasibility, safety and efficacy of Immutep's lead product candidate, eftilagimod alpha, or IMP321, when given in combination with bintrafusp alfa, an investigational bifunctional fusion protein immunotherapy being jointly developed by Merck KGaA and GlaxoSmithKline.
INFN

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08:27 EDT UFINET selects Infinera's ICE6 800G technology for Colombia network - Infinera announced that UFINET selected Infinera's industry-leading ICE6 800G coherent technology for its new national long-haul network in Colombia. This deployment will double the capacity of UFINET's current network, enabling it to meet the growing bandwidth needs of its customers and provide connectivity in regions currently unconnected. Deploying Infinera's ICE6-powered Compact Modular Platform on UFINET's network will enable the company to cost-effectively and seamlessly increase the number of connectivity services it can provide to its customers.
HEOFF

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08:25 EDT H2O Innovation signs $4.5M of contracts - H2O Innovation announce it was awarded 10 new projects over the last months, including six industrial ones. These new contracts, totaling $4.5 M, will bring the Corporation's Water Technologies & Services business pillar sales backlog to $35.0 M. The first large-scale industrial project won by the Corporation is for the supply of a water treatment system for an automotive customer, following the engineering portion already signed and announced in January 2021. H2O Innovation will deliver two identical reverse osmosis trains each rated for 404 gpm, skid packages for clean-in-place system, chemical dosing kits and flush pumps. The RO units will purify water to meet a specific quality requirement to be used in one of the client's specialized industrial processes. The strict water quality requires the Corporation to take special care in equipment selection and handling and establish a unique assembly process within the H2O Innovation's manufacturing facility. The second contract, also for an industrial customer, consists of a system using multimedia filter, nanofiltration and ultraviolet light technologies for a mining client in northern Quebec. The Corporation will treat ground water to provide 23 grams of drinking water for a worker's camp. The system is specifically designed to fit conveniently in reused and modified shipping containers. Additionally, H2O Innovation recently signed four industrial and four municipal contracts of smaller sizes. Of those, two are seawater reverse osmosis plants, three are ultrafiltration systems and two are brackish water RO systems. Notably, two of these new projects are designed using ceramic membranes, which offer significant operating advantages over polymeric membranes in certain situations, resulting in longer membrane life, higher flux and reduced operating costs.
OEG

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08:25 EDT Orbital Energy's subsidiary awarded project in Central Mississippi - Orbital Energy Group announced that its recently acquired subsidiary, Gibson Technical Services, or GTS, has been awarded a project for approximately 700-miles of engineering and construction turnkey services across Central Mississippi to be completed over the next four years for TEC of Jackson. GTS began the first engineering phase of the Project in April with construction slated to start in June 2021. The Project is being funded with both private TEC capital and from the Federal Government's Rural Digital Opportunity Fund, or RDOF, for rural fiber buildouts. The RDOF extends the Federal Communication Commission's Connect America Fund and will provide $20.4B in funding over a ten-year period to support broadband networks in rural communities across the country. This partnership between TEC and GTS creates one of the first RDOF rural builds to be started in the U.S.
FMBI

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08:25 EDT First Midwest trading halted, news pending
ONB

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08:25 EDT Old National Bancorp trading halted, news pending
BWAY

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08:24 EDT Brainsway says first LCD published proposing coverage for OCD treatment - BrainsWay announced that the first draft Local Coverage Determination, LCD, has been published proposing coverage applicable to the BrainsWay Deep TMS system for the treatment of obsessive-compulsive disorder. The proposed draft LCD, which was issued by the Medicare Administrative Contractor Palmetto GBA, is currently available on the Medicare Coverage Database site for public review. Palmetto's jurisdiction covers Medicare patients in Alabama, Georgia, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia, representing over 9 million covered lives. Palmetto will host a formal meeting open to the public for comment on the draft policy later this month. This will be followed by a review period, with a final policy expected later this year.
ABMD

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08:21 EDT Abiomed acquires preCARDIA, a medical device company - Abiomed has acquired preCARDIA, developer of a proprietary catheter and controller. "The preCARDIA system is uniquely designed to rapidly treat ADHF-related volume overload by effectively reducing cardiac filling pressures and promoting decongestion to improve overall cardiac and renal function," the company said. preCARDIA completed enrollment of 30 patients in an FDA early feasibility study, which demonstrated acute technical success and significant reduction in cardiac filling pressures and rapid diuresis. Additionally, all patients were free of device- or procedure-related major adverse events through 30 days. "We look forward to advancing preCARDIA's technology through the regulatory process and expanding our relationship with heart failure specialists to help improve outcomes in early stage acute decompensated heart failure patients, a new patient population for Abiomed," said Michael R. Minogue, Abiomed's Chairman, President and CEO. "This acquisition aligns with Abiomed's principles of leading in technology and innovation and putting patients first." The preCARDIA system is available for investigational use only and is not approved for use outside of clinical studies.
XNET

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08:19 EDT Xunlei announces COO Weimin Luo resigns - Xunlei Limited announced that Mr. Weimin Luo has resigned from his role as the Company's Chief Operating Officer for personal reasons. The resignation became effective on June 1, 2021. Following his resignation, Mr. Luo will continue to support the Company and serve as its strategy consultant. "I would like to thank Mr. Weimin Luo for his contributions to the Company and wish him well and continued success in his future endeavor," said Mr. Jinbo Li, Chief Executive Officer of Xunlei.
EUCR

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08:18 EDT Eucrates Biomedical Acquisition receives not in compliance letter from Nasdaq - Eucrates Biomedical Acquisition announced that it received a notice from the Listing Qualifications Department of The Nasdaq Stock Market stating that the Company is not in compliance with Nasdaq Listing Rule 5250 because the Company failed to timely file its Quarterly Report on Form 10-Q for the period ended March 31 with the SEC. The Notice has no immediate effect on the listing or trading of the Company's securities on the Nasdaq Capital Market. Under Nasdaq rules, the Company has 60 calendar days from the date of the Notice to submit a plan to regain compliance with the Rule. If Nasdaq accepts the Company's plan, then Nasdaq may grant an exception of up to 180 calendar days from the due date of the Form 10-Q, or until November 22, 2021, to regain compliance.
STAY

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08:18 EDT Extended Stay America to declare special cash dividend of $1.75 per share - As required under the terms of the Company's definitive merger agreement, the Board of Directors of ESA intends to declare a special cash dividend of $1.75 per share of common stock of ESA payable immediately before the effective time of the proposed mergers to holders of record as of the close of business on the day before the date on which the effective time will occur. If (but only if) the merger agreement, as amended, is approved by the STAY shareholders on June 11, 2021 at the reconvened Special Meetings of the Company and the other conditions to the closing are satisfied and waived, the special cash dividend will be payable on June 16, 2021, to holders of record of ESA common stock as of the close of business on June 15, 2021, and the merger effective time will occur immediately after on June 16, 2021. Company shareholders who hold their paired shares of common stock on the record date for the special cash dividend and through the effective time of the merger will be entitled to receive an aggregate of $20.50 in cash, consisting of the $1.75 special cash dividend and merger consideration which, as reduced by the $1.75 special cash dividend, is comprised of $10.40 per share of ESA common stock and $8.35 per share of Class B common stock of ESH.
BX STAY

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08:17 EDT Blackstone, Starwood raise offer to acquire Extended Stay to $20.50 per share - Extended Stay America (STAY), Blackstone Real Estate Partners (BK) and Starwood Capital Group announced that they have signed an amendment to their previously announced definitive merger agreement. Under the terms of the merger agreement, as amended, a 50/50 joint venture between funds managed by Blackstone and Starwood Capital will now pay STAY shareholders an additional $1.00 per paired share in cash for a total consideration of $20.50 per paired share in cash. The merger agreement, as amended, has been unanimously approved by the entire boards of directors of both ESA and ESH. The $20.50 per paired share consideration represents the Blackstone/Starwood Capital joint venture's best and final offer and a 21.0% premium over the closing STAY price of $16.94 on March 12, 2021, the last trading day prior to the execution of the merger agreement on March 14, 2021. The Company encourages shareholders to consider the meaningful downside risk recognized by independent third parties in the event a transaction is not approved. The Company notes that the amended transaction represents an implied 30.3% premium, which ranks in the 81st percentile of precedent REIT all-cash transactions since 2013, based on the extrapolated STAY stock price since the March 15th announcement over which time lodging companies have traded down 7.1%.1 In order to ensure STAY shareholders have sufficient time to consider the amended merger agreement, the Special Meetings of the Shareholders of the Company scheduled for June 8, 2021 will be convened and then adjourned. The ESA Special Meeting will be reconvened on June 11, 2021, at 8:30 a.m., Eastern Time, and the ESH Special Meeting will be reconvened on June 11, 2021, at 9:30 a.m., Eastern Time. The reconvened Special Meetings will be held exclusively online via a live audio webcast at www.virtualshareholdermeeting.com/STAY2021SM. The record date for the Special Meetings will remain April 19, 2021. The transaction has received all regulatory approvals and is on track to close on June 16, 2021 pending shareholder approval at the reconvened Special Meetings on June 11, 2021. The Company's boards of directors both unanimously recommend that STAY shareholders vote to approve the transaction at the reconvened Special Meetings of Shareholders.
OCX...

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08:17 EDT OncoCyte to support Qiagen's test to identify patients for Amgen's LUMAKRAS - Oncocyte (OCX) has signed an agreement with QIAGEN (QGEN) to support the launch of Amgen's (AMGN) LUMAKRAS, Sotorasib. QIAGEN is the leading global provider of "Sample-to-Insight" solutions that enable customers to gain valuable molecular insights from tissue samples. LUMAKRAS is approved for patients with KRAS G12C-mutated locally advanced stage or metastatic Non-Small Cell Lung Cancer (NSCLC). QIAGEN was selected by Amgen to develop a tissue-based companion diagnostic for the new therapy with indications in lung cancer, and QIAGEN selected Oncocyte as a "Day One" clinical lab for offering the QIAGEN Therascreen RGQ KRAS CDx test.
MDLY

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08:17 EDT Medley Management receives not in compliance letter with NYSE listing rules - Medley announced that it received a notice from the NYSE indicating that Medley is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31 with the SEC. The notice has no immediate effect on the listing of Medley LLC's notes on the NYSE. The NYSE informed Medley that, under the NYSE's rules, Medley can regain compliance with Section 802.01E of the NYSE listing requirements by filing the Form 10-Q with the SEC at any time prior to November 24. If Medley fails to file the Form 10-Q by that date, the NYSE may grant, in its sole discretion, a further extension of up to six additional months for Medley to regain compliance, depending on the specific circumstances. Although Medley plans to file the Form 10-Q as soon as possible after completion and finalization of Form 10-Q financial statements and disclosures and completion of review processes, Medley is unable to predict a specific filing date at this time. The Company continues to work diligently to complete and finalize the 10-Q and intends to file the Form 10-Q as soon as practicable.
MCRB

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08:16 EDT Seres Therapeutics announces FDA clearance of IND for SER-155 - Seres Therapeutics announces the Food and Drug Administration has indicated studies for SER-155 may proceed under an Investigational New Drug application. SER-155 is an investigational oral, rationally-designed, cultivated microbiome therapeutic designed to reduce the incidence of gastrointestinal antibiotic-resistant bacterial infections, bacteremia and graft-versus-host disease in immunocompromised patients, including patients receiving allogeneic hematopoietic stem cell transplantation. Prior published studies by Memorial Sloan Kettering Cancer Center collaborators indicate that HSCT patients with a dysbiotic microbiome are at substantially increased risk for bacterial infections and poor outcomes. The SER-155 Phase 1b study is designed to include approximately 70 patients in both an open-label and a randomized, double-blind, placebo-controlled cohort that will evaluate safety and tolerability before and after HSCT. Additionally, the engraftment of SER-155 bacteria and the efficacy of SER-155 in preventing infections and GvHD will be evaluated. Seres developed SER-155 with support from a CARB-X grant, including financial and operational support into Phase 1b. Seres fully owns worldwide rights for commercialization of SER-155.
IIVI

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08:15 EDT II-VI introduces 100 Gbps indium phosphide DMLs - II-VI Incorporated announced the introduction of 100 Gbps indium phosphide directly modulated lasers for high-speed transceivers deployed in datacenters. The growing demand for 400 and 800 gigabit Ethernet transceivers is driving substantial investments in technology advancements of DMLs due to their lower cost and lower power consumption compared to electro-absorption modulated lasers currently used in these high-speed transceivers. II-VI's 100 Gbps DMLs are differentiated by their ability to achieve state-of-the-art modulation speed and signal quality at high output power and low power consumption. As a result, II-VI's DMLs are preferred over EMLs in 400 GbE and 800 GbE transceivers that use 100 Gbps optical lanes.
LEGN

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08:15 EDT Legend Biotech announces new, updated data for BCMA CAR0T cilta-cel - Legend Biotech announced that new and updated results for ciltacabtagene autoleucel, an investigational BCMA-directed CAR-T therapy for the treatment of relapsed or refractory multiple myeloma, will be featured at the 2021 American Society of Clinical Oncology Annual Meeting and at the European Hematology Association Virtual Congress. At a median follow-up of 18 months, updated results from the Phase 1b/2 CARTITUDE-1 study including 97 heavily pretreated patients with RRMM demonstrated an overall response rate of 98 percent, with 80% of patients achieving a stringent complete response, highlighting a deepening response over time.The 18-month progression-free survival rate was 66% and overall survival rate rate was 81%. Patients had received a median of six prior lines of therapy; 88% were triple-refractory and 42 percent were penta-refractory. Response rates were comparable across prespecified subgroups, including number of prior lines of treatment, extramedullary plasmacytomas and cytogenetic risk. These data will be featured in an oral presentation at the 2021 ASCO Annual Meeting on Tuesday, June 8th and as a poster presentation at the 2021 EHA Virtual Congress on Friday, June 11th. The CARTITUDE-1 study supported the Biologics License Application for cilta-cel by Legend Biotech's collaborator, Janssen, which has been accepted for priority review by the Food and Drug Administration with a Prescription Drug User Fee Act target action date of November 29, 2021. Median time to first response was one month and responses deepened over time. Out of 61 minimal residual disease evaluable patients, 92% achieved MRD negativity status at 10-5 at a median of one month post infusion. Cilta-cel data showed a safety profile consistent with what has been previously reported and no new safety signals were observed with longer-term follow-up. The most common hematologic adverse events observed in the CARTITUDE-1 study were neutropenia; anemia; thrombocytopenia; leukopenia; and lymphopenia. Cytokine release syndrome of any grade was observed in 95% of patients, with a median duration of four days, and median time to onset of seven days. Of the 92% with CRS, 95% experienced Grade 1/2 events and CRS resolved in 91 patients within 14 days of onset. There was no new incidence of neurotoxicity; neurotoxicity of any grade was observed in 21 percent of patients, with Grade 3 or higher neurotoxicity observed in 10% of patients.
BSN

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08:15 EDT Broadstone Acquisition receives notice from NYSE - Broadstone Acquisition received written notification from NYSE on May 25 that, because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31 with the SEC, the Company does not comply with the continued listing requirements under Section 802.01E of the Listed Company Manual, which requires NYSE-listed companies to timely file all periodic reports with the SEC. The NYSE informed the Company that the Company has six months from the 10-Q filing due date to file the Form 10-Q. The Notice has no immediate effect on the listing or trading of the Company's securities on the NYSE.
VSAT

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08:13 EDT ViaSat to integrate In-line Network Encryption into Link 16 LEO satellites - Viasat announced it will integrate its In-line Network Encryptor, or INE, into the world's first Link 16-capable low earth orbit, or LEO, satellite, which Viasat is developing for the U.S. Air Force Research Laboratory Space Vehicles XVI program. Viasat's INE will be the first crypto deployment on a Link 16-capable LEO satellite, and will provide communications security and additional enhanced cybersecurity capabilities initially associated with mission data transfer, with future evolutions expected to simultaneously secure user data; telemetry, tracking and command management; and inter-satellite communications-at multiple security levels.
VIRX

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08:10 EDT Viracta Therapeutics begins NAVAL-1 global Phase 2 basket trial for EBV+lymphoma - Viracta Therapeutics announced the initiation of NAVAL-1, a global, multicenter, open-label Phase 2 basket trial for the treatment of relapsed/refractory EBV-positive lymphoma. NAVAL-1 is designed to potentially support multiple new drug application filings across various EBV+ lymphoma subtypes. NAVAL-1 will evaluate nanatinostat in combination with valganciclovir in patients with EBV+ R/R lymphoma and is anticipated to enroll approximately 140 patients at centers in North America, Europe, and Asia-Pacific. The primary endpoint of the trial is objective response rate, with key secondary endpoints including duration of response, survival outcomes, and the safety profile of the combined treatment. Patients with EBV+ relapsed or refractory disease following two or more prior therapies (one or more for extranodal NK/T cell lymphoma) without curative treatment options will be eligible for enrollment.
GENE

Hot Stocks

08:09 EDT Genetic Technologies announces U.S. availability of COVID-19 Risk Test - Genetic Technologies announced the official launch of its COVID-19 Serious Disease Risk Test in the US through its partnership with Infinity BiologiX. IBX will produce, distribute, and sell GENE's test across its established network. Designed to predict disease severity using genetic and clinical information the test provides a risk score to help individuals aged 18 years and over to understand their personal risk of contracting a serious case of COVID-19. In addition, employers, governments, and other public health entities may use the data to make informed decisions about disease risk, treatment options, and vaccination priorities. This will assist in guiding proactive steps to minimize disease exposure and manage the pandemic in the weeks and months ahead. Through its labs in New Jersey and Minnesota and with partner organizations around the US, the company is able to process over 100,000 risk tests per day. IBX launched its COVID-19 saliva-test in May 2020, after receiving FDA Emergency Use Authorization. It was the first test to utilize saliva as the primary biomaterial for SARS-CoV-2, and IBX subsequently became the first company to offer an at-home collection with this approach. Developed by GENE, the COVID-19 risk test will be distributed and sold in the US by IBX, released under GENE's 'powered by GeneType' brand, and is applicable to men and women ages 18 and up. IBX will determine sales and end consumer pricing structure for the risk test and will produce, distribute, and market it in the US.
SELB

Hot Stocks

08:09 EDT Selecta announcer paper on hepatic tolerogenic potential of ImmTOR - Selecta Biosciences announced the peer-reviewed publication of a study investigating the effects of ImmTOR nanoparticles in generating a tolerogenic environment in the liver. The data, published in a Frontiers in Immunology paper titled "Enhancement of the Tolerogenic Phenotype in the Liver by ImmTOR Nanoparticles," demonstrate that ImmTOR induces a tolerogenic phenotype in all major resident antigen-presenting cell populations in the liver, resulting in modulation of hepatic T cell populations. These findings demonstrate the capability of Selecta's ImmTOR platform in promoting hepatic immune tolerance, providing support for the potential of ImmTOR for the treatment of autoimmune diseases affecting the liver. "Liver specific autoimmune diseases result from the loss of natural immunological tolerance to hepatic autoantigens," said Carsten Brunn, Ph.D., president and chief executive officer of Selecta. "The data outlined in this publication demonstrate that ImmTOR could effectively enhances the tolerogenic environment of the liver by inducing tolerogenic antigen-presenting cells and was observed to be protective in an acute mouse model of autoimmune hepatitis. These data are of particular relevance to our primary biliary cholangitis program, and we look forward to building on these findings as we advance our first autoimmune program towards the clinic."
AVNT

Hot Stocks

08:09 EDT Avient appoints Vinod Purayath as Chief Technology Officer - Avient has announced that Vinod Purayath has joined the company as Senior Vice President and Chief Technology Officer. With nearly 20 years of experience in R&D and scientific leadership, Purayath joins Avient to lead the development of emerging, next-generation and sustainable technologies globally for the company. A business leader with a technical, entrepreneurial mindset, Purayath has achieved global success in materials development, with a particular emphasis on semiconductor and digital memory applications. At SanDisk Corporation, he held technical and engineering leadership positions over an eight-year period, building and leading a global team of engineers, whose success underpinned the growth of the company. Dr. Purayath later joined Applied Materials, as the technology leader for its new Selective Removal Products business, and most recently served as Vice President, Process Technology for SunRise Memory.
PBA

Hot Stocks

08:08 EDT Pembina Pipeline to acquire Inter Pipeline for C$19.45 per share - Pembina Pipeline and Inter Pipeline announced that they have entered into an arrangement agreement for Pembina to acquire all of the issued and outstanding shares of Inter Pipeline in a share-for-share transaction which values Inter Pipeline common shares at approximately C$8.3B, or $19.45 per share, based on the closing price of Pembina's common shares on May 31. The Transaction will create one of the largest energy infrastructure companies in Canada, with a pro forma enterprise value of C$53B and a diversified and integrated asset base that can support and grow an extensive value chain for natural gas, natural gas liquids and crude oil, from wellhead to end user. Furthermore, past and future investments by both companies will help access new demand markets for the Western Canadian Sedimentary Basin, benefitting Pembina, its customers and the provinces of Alberta and British Columbia alike. Under the terms of the Transaction, Inter Pipeline shareholders will receive 0.5 of a share of Pembina for each share of Inter Pipeline that they own. The consideration to be received by Inter Pipeline shareholders is valued at C$19.45 per Inter Pipeline share based on the closing price of Pembina common shares on May 31, which represents a premium of approximately 17.8% to the value implied by the takeover bid announced by Brookfield Infrastructure Corporation. The Transaction is valued at approximately C$15.2B, including the assumption of Inter Pipeline's debt. Pembina and Inter Pipeline shareholders are expected to own 72% and 28% of the combined company, respectively. The combined entity will continue to be led by Pembina's senior executive team. Representation from Inter Pipeline on Pembina's board of directors will be determined prior to closing of the Transaction. The Board of Directors of each of Pembina and Inter Pipeline have unanimously approved the arrangement agreement and support the Transaction. The Transaction is structured through a plan of arrangement under the Business Corporations Act, and is subject to the approval of at least two-thirds of the votes cast by holders of Inter Pipeline shares at a special meeting of Inter Pipeline shareholders. The issuance of Pembina common shares pursuant to the Transaction is subject to the approval by a majority of votes cast by holders of Pembina common shares at a meeting of Pembina shareholders. Details of the Transaction and the required shareholder votes will be included in a joint information circular that Pembina and Inter Pipeline expect to mail to their respective shareholders by late-June, and the special shareholder meetings of both companies are expected to be held in mid-summer 2021. In addition to shareholder approvals, the Transaction is subject to regulatory approvals, as well as the approval of the Court of Queen's Bench of Alberta. The Transaction is expected to close in the fourth quarter.
CRTX

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08:07 EDT Cortexyme presents updated baseline data from phase 2/3 GAIN trial - Cortexyme announced the presentation of updated baseline demographic and biomarker data at the American Society of Clinical Psychopharmacology 2021 Annual Meeting. Reflecting the complete set of baseline samples available from 643 GAIN study participants, including 233 individuals in the trial's REPAIR periodontal sub-study, key findings reported in today's presentation, titled "An Update and Baseline Data from the Phase 2/3 Gain Trial of COR388 a Novel Bacterial Virulence Factor Inhibitor for the Treatment of Alzheimer's Disease," include: 84% of participants have an Abeta 42/40 cerebral spinal fluid ratio associated with Abeta positivity on PET scan; 88% of subjects have total Tau CSF levels consistent with AD; 84% have pTau 181 levels consistent with AD in the Amyloid/Tau/Neurodegeneration designation; all subjects had evidence of P. gingivalis-specific IgG at baseline, with 78% exhibiting higher antibody titers associated with periodontal disease; previous research has demonstrated that IgG titers roughly correlate to infection load; more than 90% of participants in the REPAIR periodontal sub-study have moderate to severe periodontal disease at baseline; and 64% of the trial participants carry at least one ApoE4 gene and these participants are stratified across the three treatment groups. Cortexyme's ongoing Phase 2/3 GAIN Trial is evaluating the potential of Cortexyme's lead compound, atuzaginstat, to inhibit the toxic proteases, or gingipains, produced by P. gingivalis in patients with mild to moderate AD and to potentially slow or halt AD progression. The trial has completed enrollment, and 643 subjects have been randomized to one of two doses of atuzaginstat or placebo. The co-primary endpoints are mean change in cognition and function from baseline to 48 weeks compared to placebo. Secondary and exploratory endpoints include change in Winterlight Speech Assessment, cerebral spinal fluid biomarkers, volumetric MRI, and other measures. The GAIN Trial also includes a REPAIR sub-study measuring the efficacy of COR388 on symptoms of periodontal disease, including gingival pocket depth.
NUWE PINC

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08:07 EDT Nuwellis awarded three-year contract with Premier - Nuwellis (NUWE) has been awarded a three-year national contract with Premier (PINC). The new Aquapheresis category agreement allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for Aquadex SmartFlow, the gentle fluid management technology developed by Nuwellis. The collaboration provides Nuwellis with the opportunity to expand into many of the thousands of hospitals with which Premier holds relationships. The agreement was included in the expedited approval program instituted by Premier to quickly offer COVID-19 innovations to patients.
BBI

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08:06 EDT Brickell announces ECCLOCK study results in Journal of Dermatology - Brickell Biotech announced that the results from the Phase 3 long-term safety and efficacy study conducted in Japan by its development partner, Kaken Pharmaceutical were published in the peer-reviewed Journal of Dermatology. The paper, entitled "A phase III, 52-week, open-label study to evaluate the safety and efficacy of 5% sofpironium bromide. BBI-4000, gel in Japanese patients with primary axillary hyperhidrosis," is available online in English at the Wiley Online Library. Kaken and Brickell first announced the release of the Japan pivotal Phase 3 study results in June 2020 and this is the first release of these long-term safety and efficacy results. Kaken received regulatory approval to manufacture and market ECCLOCK in Japan for the treatment of primary axillary hyperhidrosis in September 2020 and launched commercial sales in November 2020. Japan is the first country to approve sofpironium bromide, which also marks the first approval of a topical prescription product for the treatment of primary axillary hyperhidrosis in Japan. "We are pleased to announce the publication of these data from Kaken's Phase 3 long-term safety and efficacy study in the highly regarded peer-reviewed Journal of Dermatology. Publications such as this are a valuable clinical experience resource for Kaken during its commercialization of ECCLOCK in Japan, as it further aids in acquainting Japanese physicians and healthcare professionals on prescribing sofpironium bromide, 5% as a potential best-in-class treatment for patients with primary axillary hyperhidrosis, a chronic medical condition," said Deepak Chadha, Chief Research and Development Officer of Brickell.
ONTX

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08:05 EDT Onconova appoints Mark Gelder as CMO - Onconova Therapeutics announced that Mark Gelder, M.D. will be joining Onconova as CMO, effective as of June 14, 2021. He was most recently the CMO of Elevar Therapeutics, where he led the company's clinical development, medical affairs, regulatory affairs, and preclinical teams.
DUK

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08:04 EDT Duke Energy files additional $56M proposal of Phase II electrification programs - Duke Energy recently filed an additional $56M proposal of Phase II programs to continue the advancement of transportation electrification in North Carolina. The filing follows the November 2020 N.C. Utilities Commission, or NCUC, order approving the company's $25M Phase I electric transportation pilot program. In its earlier order, the NCUC instructed Duke Energy to work with the Public Staff to organize a collaborative stakeholder process and then file any stakeholder-developed pilot programs.
STIM

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08:04 EDT Neuronetics appoints Todd Cushman as VP, business development - Neuronetics announced that Todd Cushman will join the company as Vice President, Business Development, effective immediately. Mr. Cushman will be responsible for international strategy and Company commercial operations, including contract manufacturing, field service and technical support. Anthony Pui, Vice President, International Commercial Development, will report to Mr. Cushman in his new role. Before joining Neuronetics, he was a founding member of Bioness, Inc., a medical technology company specializing in neurological rehabilitation and implantable products for pain management and held several leadership roles throughout his tenure - including president and CEO from 2013 to 2021.
MOGO

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08:04 EDT Mogo announces agreement to acquire additional shares of Coinsquare - Mogo announced that it intends to increase its ownership position in Coinsquare through the acquisition of an additional 2.0% of the outstanding common shares of Coinsquare from Michael Diamond and an affiliated company. Mogo will also have an option to acquire an additional 3.4% of the outstanding Coinsquare Shares from the Vendors within 120 days from the closing date of the acquisition under similar terms, subject to certain conditions. The acquisition, including the exercise of the Option, combined with Mogo's existing ownership of Coinsquare, the previously announced acquisition of an additional 5.4 million Coinsquare Shares, and assuming the exercise of Mogo's existing purchase warrant in Coinsquare, would increase Mogo's total ownership in Coinsquare to approximately 53%. The acquisition is being made pursuant to a binding term sheet entered by Mogo and the Vendors on May 31, 2021 and is expected to complete in mid-June 2021. The acquisition is subject to certain closing conditions customary for a transaction of this nature, including regulatory approval, which includes the approval of the Toronto Stock Exchange.
PBA

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08:04 EDT Pembina Pipeline to acquire Inter Pipeline in $8.3B share-for-share transaction
QNTA

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08:02 EDT Quanta's Medolife Rx launches PSA-style campaign for escozine - Medolife Rx announced that it has launched a local national PSA-style TV ad campaign in the Dominican Republic promoting its lead drug candidate Escozine as a natural alternative medicine for cancer treatment. Additionally, the company has activated a customer service center in the DR that will enable it to better serve the needs of patients in the region. The ad campaign and establishment of a customer service center comes as the Company recently received renewed product registration on Escozine in the DR, enabling it to be sold as a natural alternative medicine for the treatment of cancer throughout Latin America. The campaign is designed to create awareness and interest in Escozine. The Company is pursuing approval of additional therapeutic indications for Escozine in the DR and is currently awaiting bioethics committee approval to begin its next phase of clinical trials. Upon approval from the committee, Medolife will conduct a controlled, double-blind placebo trial on humans to validate the efficacy of Escozine(R) 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.
MITK

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08:02 EDT Mitek Systems acquires ID R&D to advance biometric identity fraud protections - Mitek announced that it has acquired ID R&D. Shareholders of ID R&D will be entitled to receive up to $49M in Mitek stock and cash as consideration. "Today's consumers are transacting in a digital-first world, and they expect to trust technology to keep them safe against burgeoning threats. Identity verification has never been more relevant," said Max Carnecchia, CEO Mitek Systems. "Rapid advances in artificial intelligence are enabling novel forms of fraud, which means technologies like those pioneered by ID R&D are critical in this fight." The integration of Mitek and ID R&D simplifies and secures the entire transaction lifecycle for both businesses and consumers. Businesses and financial institutions will have access to one authentication solution to deploy throughout the complete transaction cycle, and can provide consumers with a simple, intuitive approach to fighting fraud. In addition to integrating into the Mitek solution, ID R&D will continue to offer its core biometric components directly to the market. ID R&D will also continue to operate under its brand.
KVHI

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08:00 EDT KVH Industries asks shareholders to vote for its nominated candidates for board - KHV Industries has released a presentation to shareholders asking them to elect the company's nominated candidates, Cielo Hernandez and Cathy-Ann Martine-Dolecki, to the board of directors. In the presentation, KVH Industries argues the nominated directors chosen by VIEX Capital Advisors, who owns a portion of the outstanding shares of the company's common stock, are "not the right candidates for the Board," the company said.
PYR

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07:59 EDT PyroGenesis appoints Ben Simo as CFO - PyroGenesis Canada announced the appointments of Nannette Ramsey, as an independent director to the Board of Directors and, separately, Ben Simo as CFO of the Company. Ramsey more recently served as the Site Manager and Associate Director of Engineering for Edgewood Chemical Biological Center's site at the Rock Island Arsenal in Illinois. The Company has granted Ramsey stock options to acquire 200,000 common shares of the Company with an exercise price of $6.59 per common share, and which are exercisable over a period of five years. The options are granted in accordance with the Company's stock option plan. The appointment of Ms. Ramsey remains subject to regulatory and exchange approval. Simo brings his extensive experience in corporate finance, operational finance, accounting, taxation and financial reporting to the Company as he will be overseeing the finance/accounting departments while contributing to the execution of the Company's strategic plan. Separately, the Company announces that the Board of Directors has appointed Raymond Chabot Grant Thornton as the Company's new auditor, replacing KPMG, effective May 21st, 2021.
TRX

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07:56 EDT Tanzanian Gold appoints Khalaf Rashid as SVP, Tanzania, managing director - Tanzanian Gold is pleased to announce Khalaf Rashid as Senior Vice President, Tanzania and as Managing Director of the Company's wholly owned subsidiary in Tanzania. Rashid is a Tanzanian citizen and resident and has worked with the Government of Tanzania on implementation of various development projects and assisted in an advisory capacity on several policy matters. He will be instrumental in driving business growth and in working with the Executive Team to identify future investment opportunities to expand the Company's portfolio and value.
PLPRF

Hot Stocks

07:54 EDT Plus Products relaunches limited edition gummies for Pride 2021 - Plus Products announced the return of its limited edition Rainbow Sherbet cannabis-infused gummies for Pride 2021. As part of its commitment to acknowledge, elevate and celebrate the intersectionality of race and queer life, PLUS is collaborating with the San Francisco-based Transgender, Gender-Variant & Intersex Justice Project to donate a portion of proceeds from each tin sold to further their mission of ending the human rights abuses committed against Black and Brown TGI people inside of California prisons, jails, detention centers and beyond.
EBIX

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07:53 EDT EbixCash appoints SP Kothari to board of directors - EbixCash Private announced the appointment of Mr. SP Kothari, as a new independent director to the EbixCash Board. S.P. Kothari is Gordon Y Billard Professor of Accounting and Finance at MIT's Sloan School of Management. Most recently, from 2019 to 2021 he served as Chief Economist and Director of the Division of Economic and Risk Analysis at the US Securities and Exchange Commission.
MRTX ZLAB

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07:53 EDT Mirati Therapeutics, Zai Lab enter collaboration for adagrasib in Greater China - Mirati Therapeutics (MRTX) and Zai Lab (ZLAB) announced the companies have entered into a collaboration and license agreement for adagrasib, a small-molecule KRASG12C inhibitor, in Greater China. Under the terms of the agreement, Zai Lab obtains the right to research, develop, manufacture and exclusively commercialize adagrasib in Greater China. Zai Lab will support accelerated enrollment in key global, registration-enabling clinical trials of adagrasib in patients with cancer who have a KRASG12C mutation. Mirati has an option to co-commercialize in Greater China and retains full and exclusive rights to adagrasib in all countries outside of Greater China. Mirati will receive a $65M upfront payment, with the potential to receive up to an additional $273M in development, regulatory and sales-based milestone payments. Mirati is also eligible to receive high-teen- to low-twenties-percent tiered royalties based on annual net sales of adagrasib in Greater China.
LXXGF

Hot Stocks

07:51 EDT Lexagene expects to submit application to list on Nasdaq before year-end - LexaGene Holdings announced it is taking steps to list its common shares on the Nasdaq Capital Market with the goal of submitting its application prior to the end of 2021. A listing on the Nasdaq will make the Company's shares more accessible to retail and institutional investors in the United States and internationally as well as increase share liquidity. LexaGene has taken several steps to prepare for a Nasdaq listing application. First, LexaGene has reserved with the Nasdaq Exchange the ticker symbol LXG, which is good for 24 months. Second, in anticipation of filing the Registration and Annual Report for Canadian Securities Form with the US Securities and Exchange Commission, the Company has retained Latham & Watkins. Specifically, LexaGene is working with Peter Handrinos. Lastly, the Company has engaged RSM US for audit, tax, and consulting services. RSM US will perform the Company's 2020-year end audit. Applying for a Nasdaq listing is subject to first meeting the listing and regulatory requirements of the Nasdaq and SEC. There is no guarantee the Company will meet these requirements in the future, but if it does, the Company will issue a press release once an application has been formally submitted to the SEC. In addition, the Company is pleased to announce that it has engaged Native Ads, Inc., of New York, New York to perform strategic digital media services, marketing and data analytics services including, but not limited to, content development, video production and editing, website development, media buying and distribution, and campaign reporting and optimization. This campaign is beginning on June 1, 2021 and will continue until 150,000 of services are rendered. Lastly, after an independent, third party review by Compensia Inc. on executive compensation and equity, Compensia determined that LexaGene executive officers were at the bottom 10th percentile in equity compensation as compared to other public companies in both Canada and the United States with comparative market caps. Based upon the results from this report and recommendations from the compensation committee, LexaGene's board of directors determined that it was appropriate to adjust the equity for the CEO, CFO, and COO.
PRTK

Hot Stocks

07:51 EDT FDA approves Paratek's sNDA for NUZYRA to treat CABP - Paratek Pharmaceuticals announced that the U.S. Food and Drug Administration FDA has approved the Company's supplemental New Drug Application, sNDA, for the oral-only dosing regimen of NUZYRA for the treatment of adults with CABP. "The approval of an oral-only dose regimen for NUZYRA in pneumonia represents a significant opportunity to offer clinicians the ability to treat patients in either the outpatient or primary care setting. Treating in this way potentially reduces or eliminates hospitalizations and the associated risk and costs from a hospital stay," said Adam Woodrow, President and Chief Commercial Officer of Paratek. "With the community expansion well under way we will broaden our promotional efforts to include this new dosing option and are particularly excited to bring primary care practitioners a new, safe and effective oral antibiotic in time for the upcoming pneumonia season." Approved by the FDA on October 2, 2018, NUZYRA is a novel antibiotic with both once-daily oral and intravenous formulations for the treatment of CABP and acute bacterial skin and skin structure infections. The recently approved oral-only dose for CABP has an initial dose of 300 mg twice on day one and 300 mg once daily thereafter for a total of 7 to 14 days. A modernized tetracycline, NUZYRA is specifically designed to overcome tetracycline resistance and exhibits activity across a broad spectrum of bacteria, including Gram-positive, Gram-negative, and atypicals including other drug-resistant strains.
THXPF

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07:48 EDT Thor Explorations announces results from Makosa Tail Prospect - Thor Explorations announced a first set of drill results from the southern Makosa Tail Prospect at its Douta Project, Senegal. The exploratory drilling program was designed to infill the initial wide-spaced drilling that was completed in late 2020 which led to the Makosa Tail discovery. The results received to date confirm the continuation of the Makosa mineralised system along strike to the south. Highlights include: Makosa Tail Prospect mineralisation confirmed over 1,000m of strike length in a number of parallel lodes including a 300m high grade zone in a previously untested area. Drillhole DTRC155: 5m at 11.0/tAu from 17m; Drillhole DTRC156: 5m at 10.1/tAu from 7m; Drillhole DTRC181: 5m at 3.3/t from 4m. Mineralisation remains open ended to the north, south and at depth. The Douta Gold Project is a gold exploration permit that covers an area of 58 km2 and is located within the Kenieba inlier, eastern Senegal. The northeast trending permit has an area of 58 km2. Thor, through its wholly owned subsidiary African Star Resources Incorporated, contractually acquired a 70% interest in the licence from the permit holder International Mining Company. IMC has a 30% free carry until the announcement by Thor of a Probable Reserve. The Douta licence is strategically positioned 4km east of the deposits Massawa North and Massawa Central deposits which form part of the world class Sabadola-Massawa Project that is owned by Teranga Gold Corporation. Makosa Tail was discovered in late 2020 in an initial 21 RC drillholes that targeted the interpreted southern extensions of the Makosa mineralised system. The follow up RC program was completed using a reduced line spacing of 50m over Makosa Tail. The program comprised 3,765m completed in 52 holes with an average depth of 72m. The focus of the drilling was on near-surface potential over the previously drilled strike length on Makosa Tail. Drill samples were analysed by ALS laboratories in Mali using the AA26 fire assay method. The results indicate multiple parallel, steep north-westerly dipping, mineralised horizons that are developed within a shale/greywacke sequence. Most significant, is the discovery of several higher grade zones towards the southern end of the drilled area where the drill coverage is wide-spaced. Drillhole DTRC155 returned 5m at 11.0g/tAu from 17m. Hole DTRC156 which was drilled on the same section as DTRC155 returned 5m at 10.1g/tAu from 7m. The Makosa Tail drilling has intersected multiple parallel lodes over a strike length of 1,000m with a higher grade zone potentially extending for 300m. Significantly, there is a 1,600m strike length between Makosa Tail and Makosa that is yet to be drill-tested. Systematic infill and step-out drilling is planned to fully assess the ever-increasing scale of the project.
CLDX

Hot Stocks

07:48 EDT Celldex abstract for CDX-0159 Phase 1b accepted - Celldex Therapeutics announced that an abstract describing results from the Phase 1b study of CDX-0159 in patients with antihistamine refractory cold contact urticaria, ColdU, and symptomatic dermographism, SD, the two most common forms of chronic inducible urticaria, CIndU, has been accepted as a late-breaking electronic Poster Discussion Session (ePDS) at the European Academy of Allergy and Clinical Immunology, EAACI, Annual Congress 2021, being held July 10-12, 2021. The ePDS is chaired and will consist of a pre-recorded presentation followed by questions from session chairs during a dedicated timeslot.
ADMP

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07:44 EDT Adamis says bulk of Q1 focus on NDA for ZIMHI naloxone for opioid overdose - Adamis Pharmaceuticals the following business update. "The bulk of our focus during the first quarter was on preparing for the Type-A meeting with the FDA regarding our New Drug Application for ZIMHI naloxone injection product intended for the treatment of opioid overdose. Based on feedback received in that meeting, we resubmitted the NDA in May," stated Dennis J. Carlo, Ph.D., President and Chief Executive Officer of Adamis Pharmaceuticals. "We have also been preparing to begin patient enrollment in a Phase 2/3 clinical trial to evaluate the use of Tempol in patients with COVID-19."
IMVT LLY

Hot Stocks

07:44 EDT Immunovant appoints William Macias as CMO - Immunovant (IMVT) also announced the appointment of William Macias, MD PhD, as Chief Medical Officer. He succeeded Rita Jain, M.D., who informed the company of her plans to step down from her position as Chief Medical Officer to pursue another opportunity. Dr. Macias previously served as a Distinguished Medical Fellow and a member of senior management at Eli Lilly (LLY), where he worked for over twenty years.
IMVT

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07:43 EDT Immunovant plans to initiate pivotal MG trial in late 2021/early 2022 - Pending agreement from regulatory agencies, Immunovant plans to return to the clinic and initiate a pivotal MG trial in late 2021 or early 2022 as well as resume its trial in WAIHA on a similar timeframe. The company plans to initiate at least two additional clinical studies over the next 12 months, including another pivotal trial in 2022. As part of the company's data review, the Ph 2b TED study was unblinded and terminated prior to completion. While the trial showed clear biologic activity based on changes in IgG and pathologic autoantibodies, prematurely terminating the study resulted in inconclusive efficacy results. Forty-one subjects out of a planned seventy-seven reached the twelve-week primary endpoint. Efficacy data in this underpowered subset was more modest than the company had hoped and was not statistically significant on the primary endpoint. However, biologic effects, including a relationship between auto-antibodies and disease activity were observed that the company feels are encouraging with respect to treating TED. Immunovant plans to work with regulators and key opinion leaders on a design for a subsequent study and believes a phase 2 trial rather than a pivotal study is likely to be the appropriate next step in the development of IMVT-1401 in this therapeutic area.
BBIO

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07:41 EDT BridgeBio gets 'Fast Track' designation for encaleret for ADH1 treatment - BridgeBio Pharma announced that the FDA granted Fast Track designation for encaleret for the treatment of autosomal dominant hypocalcemia ,ADH1,. The FDA Fast Track designation program is designed to facilitate the development and to expedite the review of new therapies hoping to treat or prevent serious conditions and fill an unmet medical need. BridgeBio announced the Fast Track designation on World Hypoparathyroidism Awareness Day, an annual global awareness and education event designed to spotlight and support people living with ADH1 and other types of hypoparathyroidism.
AMC

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07:41 EDT AMC Entertainment jumps 13% to $29.47 after announcing new $230.5M equity raise
BIIB

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07:39 EDT Biogen, Bio-Thera announce results from Phase 3 study of BAT1806 - Biogen and Bio-Thera Solutions announced results from the Phase 3 study of BAT1806, a proposed biosimilar referencing ACTEMRA/RoACTEMRA. The study met its primary endpoints, demonstrating equivalence to the reference medicine in patients with moderate to severe rheumatoid arthritis inadequately controlled by methotrexate therapy. The primary endpoint in the study was the American College of Rheumatology 20 percent response criteria. ACTEMRA/RoACTEMRA's primary indication is for moderate to severe rheumatoid arthritis in adults as well as juvenile idiopathic polyarthritis, systemic juvenile idiopathic arthritis, giant cell arteritis and cytokine release syndrome. Biosimilars are products that demonstrate similar efficacy and safety to the originator's reference product, with the advantage that they can be more affordable for patients and healthcare systems. In 2020 global sales of ACTEMRA were 2.8 billion CHF. Biogen has exclusive regulatory, manufacturing and commercial rights to BAT1806 in all countries excluding China. Biogen and Bio-Thera announced a commercialization and license agreement in April 2021 to develop, manufacture and commercialize BAT1806. As satisfactory results were met, Biogen will make a payment of $30M to Bio-Thera Solutions. Should certain commercial milestones be achieved, Bio-Thera Solutions will be eligible to receive potential milestone payments. Biogen will also pay Bio-Thera Solutions tiered royalties.
GPRK

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07:39 EDT GeoPark reports production, operations update in Colombia - GeoPark provides a production and operations update related to the ongoing situation in Colombia. Over recent days, conditions for the company's normal operations in the Llanos basin have been improving and a significant portion of its curtailed production has been brought back online. Currently, net production curtailments vary between 4,000-5,000 boepd, of which approximately 50% correspond to the Platanillo block, which is shut in. Remaining production curtailments correspond to the CPO-5 and Llanos 34 blocks, which depending on surface logistics are currently producing at 70-85% and 90-95%, respectively, of their capacity. GeoPark's net consolidated oil and gas production is currently at 35,000-36,000 boepd, compared to an average production of 38,131 boepd in 1Q2021. Improved conditions are also allowing the company to gradually resume its drilling and well maintenance activities in the Llanos basin. "GeoPark's priority is to ensure the health and safety of its employees, neighbors and contractors. The Company will continue taking all necessary steps to mitigate the impact of current events and once there is more information on the length and overall evolution of these events, GeoPark expects to provide revised oil and gas production guidance and an updated work program," the company said.
GLDG

Hot Stocks

07:38 EDT GoldMining initiates preliminary economic assessment on Sao Jorge project - GoldMining announced that it is initiating a preliminary economic assessment, or PEA, on its 100% owned Sao Jorge Gold Project in Para State, Brazil and announces the results of an updated Mineral Resource Estimate, or MRE. Highlights include indicated Mineral Resources of 0.71M ounces gold, or 14.27M tonnes grading 1.55 g/t gold; inferred Mineral Resources of 0.72M ounces gold, or 17.58M tonnes grading 1.27 g/t gold; the MRE utilizes an optimized pit shell to constrain resources, a database of 145 drill holes totaling more than 37,000 metres and uses modernized cost and pricing assumptions including a $1,600/oz gold price; and GoldMining has initiated work on a PEA at Sao Jorge to further evaluate the economic potential of an open-pit operation and advance opportunities to upgrade and expand the current resource base.
AEHR

Hot Stocks

07:37 EDT Aehr gets over $2.3M follow-on for FOX-XP wafer level test - Aehr Test Systems announced it has received and shipped a follow-on order totaling more than $2.3M from its lead silicon carbide customer for a FOX-XP Wafer Level Test and Burn-in system for high volume production test and burn-in of the customer's line of silicon carbide devices. This system shipped during Aehr's fiscal fourth quarter that ended May 31. This customer is a leading Fortune 500 supplier of semiconductor devices with a significant customer base in the automotive semiconductor market, and is using Aehr's FOX-XP system for high volume production burn-in and infant mortality screening of silicon carbide devices at wafer level for electric vehicle power modules. The FOX-XP system is configured to test eighteen silicon carbide wafers in parallel while contacting and testing 100% of the devices on each wafer.
GSS

Hot Stocks

07:36 EDT Golden Star announces amendment to sale of of Bogoso-Prestea - Golden Star Resources announces that, on May 31 the Company and its wholly owned subsidiary, Caystar Holdings, entered into an agreement with Future Global Resources, or FGR, and its major shareholder, Blue International Holdings, or BIH, to further amend the share purchase agreement dated July 26, 2020 relating to the sale of Golden Star's 90% interest in the Bogoso-Prestea Gold Mine in Ghana to FGR, as supplemented by a letter agreement dated September 30, 2020, and amended by a first amending agreement dated March 28. The staged payments that form the deferred consideration, as outlined in the Share Purchase Agreement, have been reprofiled to allow time for FGR to complete ongoing financing transactions and the environmental bonding process for Bogoso-Prestea. The deferred consideration payments will now fall due as follows: $15M payment that was due on May 31 will now be payable by no later than July 16; should FGR complete a financing transaction prior to July 16 $5M will be immediately payable to Golden Star with the remaining $10M continuing to fall due on July 16; and an amount of approximately $4.6M will continue to fall due by no later than July 31.
RCKY

Hot Stocks

07:36 EDT Rocky Brands announces appointment of Jason Brooks as chairman of the board - Rocky Brands announced that the company's Chief Executive Officer, Jason Brooks, has been appointed as chairman of the board of directors following Mike Brooks' decision to step down as chairman of the board. Mike Brooks will continue to serve as a member of the company's board of directors. In addition, the company's board of directors also appointed G. Courtney Haning as the board's Lead Independent Director. Jason Brooks has served as president and CEO of the company since May 2017. Mike Brooks has served as chairman of the board since 2005. G. Courtney Haning has served on the board of directors of the company since 2000.
SVM

Hot Stocks

07:35 EDT Silvercorp Metals reports results from 2021 exploration programs at TLP mine - Silvercorp Metals reported results from its 2021 exploration programs at the TLP mine, Ying Mining District, Henan Province, China. "Extensive exploration drilling and tunneling are ongoing at the TLP mine, and all other mines at the Ying Mining District," the company said. From October 1, 2020 to May 31, 2021, 34,546 metres from a total of 196 diamond drill holes, including 161 underground holes and 35 surface holes, were completed at the TLP mine. Assay results for 193 holes have been received, with 108 holes intercepting mineralization. Currently, 13 rigs are drilling at the TLP mine.
ARQT

Hot Stocks

07:34 EDT Arcutis Biotherapeutics names Raj Madan as Chief Digital and Information Officer - Arcutis Biotherapeutics announced that Rajvir, Raj, Madan has joined the company as its first Chief Digital and Information Officer. In this role, Mr. Madan will be responsible for providing the vision, strategic direction and overall leadership of digital, data/analytics and information technology initiatives across Arcutis. "We are thrilled to welcome Raj to our executive team. He brings deep expertise in digital and technology transformation in the healthcare sector, and under his guidance, Arcutis will look to evolve our digital and analytics capabilities to transform critical business areas as we move toward our first potential commercial launch," said Frank Watanabe, Arcutis' President and Chief Executive Officer. "We look forward to working with Raj and are excited to leverage his expertise in support of our efforts to elevate the standard of care for dermatological diseases through digital and technology innovations."
APYX

Hot Stocks

07:34 EDT Apyx Medical announces FDA 510k submission for use of renuvion - Apyx Medical announced it has submitted a 510k premarket notification to the Food and Drug Administration, which is intended to obtain a specific clinical indication for the use of Renuvion in dermal resurfacing procedures. "Following the recent completion of our U.S. IDE clinical study evaluating the use of our Renuvion technology in dermal resurfacing procedures, we were pleased to submit our 510k premarket notification for this procedure category on May 28th," said Charlie Goodwin, President and CEO. "This submission is an important milestone that underscores our continued progress in pursuing specific clinical indications to market and sell Renuvion for target procedures in the cosmetic surgery market. I would like to thank our clinical and regulatory teams for their exceptional efforts which has made our recent progress possible, and look forward to the FDA's review of our submission."
ALYA

Hot Stocks

07:33 EDT Alithya Group awarded C$12.4M contract with Quebec government - Alithya Group is pleased to announce that it won an information resources project management contract with a Quebec government ministry worth C$12.4M. This is one of the largest government contracts Alithya has been awarded in Quebec in recent years. As part of this five-year contract, Alithya's professionals will offer leading-edge expertise and support to the client, and provide their teams with the response capability to fully carry out their major responsibilities in managing information resources projects.
ALKS

Hot Stocks

07:33 EDT Alkermes jumps 6% to $23.92 after FDA approval of schizophrenia drug
MRNA

Hot Stocks

07:32 EDT Moderna announces initiation of rolling submission of BLA for COVID-19 vaccine - Moderna announced that it has initiated the rolling submission process with the Food and Drug Administration for a Biologics License Application for the licensure of its mRNA COVID-19 Vaccine to prevent COVID-19 in individuals 18 years of age and older. "We are pleased to announce this important step in the U.S. regulatory process for a Biologics License Application of our COVID-19 vaccine," said Stephane Bancel, Chief Executive Officer of Moderna. "We look forward to working with the FDA and will continue to submit data from our Phase 3 study and complete the rolling submission." Moderna will continue to submit data to support the BLA to the FDA on a rolling basis over the coming weeks with a request for a Priority Review. Once the rolling BLA submission is complete, FDA will notify the Company when it is formally accepted for review. The Moderna COVID-19 Vaccine is currently available in the U.S. under an Emergency Use Authorization, which was granted on December 18, 2020. As of today, according to the U.S. Centers for Disease Control and Prevention, more than 124M doses of the Moderna COVID-19 Vaccine have been administered in the U.S.
MRTX ZLAB

Hot Stocks

07:32 EDT Mirati and Zai Lab enter into collaboration and license agreement for adagrasib - Mirati Therapeutics (MRTX) and Zai Lab (ZLAB) announced the companies have entered into a collaboration and license agreement for adagrasib, a small-molecule KRASG12C inhibitor, in Greater China. Under the terms of the agreement, Zai Lab obtains the right to research, develop, manufacture and exclusively commercialize adagrasib in Greater China. Zai Lab will support accelerated enrollment in key global, registration-enabling clinical trials of adagrasib in patients with cancer who have a KRASG12C mutation. Mirati has an option to co-commercialize in Greater China and retains full and exclusive rights to adagrasib in all countries outside of Greater China. Mirati will receive a $65M upfront payment, with the potential to receive up to an additional $273 million in development, regulatory and sales-based milestone payments. Mirati is also eligible to receive high-teen- to low-twenties-percent tiered royalties based on annual net sales of adagrasib in Greater China.
AMC

Hot Stocks

07:32 EDT AMC Entertainment CEO calls stock sale 'very smart raising of cash' to grow - Adam Aron, CEO of AMC Entertainment, tweeted after the company announced plans to raise $230.5M of cash from the sale of equity to Mudrick Capital: "In our view, this is not mindless dilution, but rather this is very smart raising of cash so that we can grow this company... to many of you on Twitter, to grow YOUR company. Watch out naysayers, $AMC is going to play on offense again. Here we come!" Reference Link
SONM

Hot Stocks

07:32 EDT Sonim names Robert Tirva as COO; CEO Tom Wilkinson to depart - Sonim Technologies announced that Robert Tirva, currently serving as CFO, will be promoted to President and COO. He will report directly to the Board of Directors and work closely with the Strategic Alternatives and Operating Committee. The company also announced that Tom Wilkinson, who has served as CEO since October 2019, will depart the company.
ALKS

Hot Stocks

07:30 EDT Alkermes trading resumes
SVM

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07:26 EDT Silvercorp Metals reports results from 2021 exploration programs at TLP mine - Silvercorp Metals is pleased to report results from its 2021 exploration programs at the TLP mine, Ying Mining District, Henan Province, China. Extensive exploration drilling and tunneling are ongoing at the TLP mine, and all other mines at the Ying Mining District. From October 1, 2020 to May 31, 2021, 34,546 metres from a total of 196 diamond drill holes, including 161 underground holes and 35 surface holes, were completed at the TLP mine. Assay results for 193 holes have been received, with 108 holes intercepting mineralization. Currently, 13 rigs are drilling at the TLP mine. The diamond drilling programs at the TLP mine targeted resource blocks of known silver-lead-zinc veins in the production areas that were missed by limited prior drilling and drifting tunnels, as a result of changes in the dip and pinch-swelling of the pay-zones in the veins. Since access tunnels are already in place, any discovered high-grade blocks can quickly be converted to reserves and mined. The high-grade intercepts for this period are associated with parallel veins T15W, T15W1, T15W2, and T15W3. Other veins include T16E, T2, T2W, T3, T16E, T11, T1, T1a, T22, T23, T24, T33 and T35E1. Highlight of high-grade intercepts in the TLP production area: Hole ZKG6AT15W304 intersected a 2.49 m interval of vein T15W2 grading 3,911 grams per tonne silver, 6.22% lead, 2.11% zinc, 0.08 g/t gold and 0.55% copper at the 808 m elevation, which includes a 0.97 m interval grading 9,901 g/t Ag, 15.30% Pb, 5.27% Zn, 0.19 g/t Au, and 1.39% Cu; Hole ZKG6AT15W305 intersected a 1.62 m interval of vein T15W3 grading 1,556 g/t Ag, 15.27% Pb, 0.24% Zn, 0.10 g/t Au, and 0.23% Cu at the 813 m elevation; Hole ZKT3AT1W101 intersected a 4.00 m interval of vein T23 grading 771 g/t Ag, 11.68% Pb, 0.23% Zn, 0.08 g/t Au, and 0.11% Cu at the 854 m elevation; Hole ZKT7T3E02 intersected an 8.44 m interval of vein T3E grading 523 g/t Ag, 5.10% Pb, 0.36% Zn, 0.11 g/t Au, and 0.13% Cu at the 1,086 m elevation, which includes a 4.20 m interval grading 1,036 g/t Ag, 9.96% Pb, 0.67% Zn, 0.18 g/t Au, and 0.24% Cu at the 1,087 m elevation; Hole ZKT23J001 intersected a 0.89 m interval of vein T2 grading 1,283 g/t Ag, 8.60% Pb, 2.30% Zn, 4.22 g/t Au, and 1.30% Cu at the 676 m elevation; Hole ZKTDB39T103 intersected a 2.90 m interval of vein T3 grading 1,115 g/t Ag, 1.20% Pb, 0.09% Zn, 0.08 g/t Au, and 0.11% Cu at the 818 m elevation; Hole ZKTDB05Y03_1 intersected a 0.52 m interval of vein T35E1 grading 2,086 g/t Ag, 5.79% Pb, 0.62% Zn, 0.05 g/t Au, and 0.35% Cu at the 914 m elevation; and Hole ZKTDB43T302 intersected a 1.04 m interval of vein T3E grading 520 g/t Ag, 1.25% Pb, 0.05% Zn, 4.36 g/t Au, and 0.11% Cu at the 730 m elevation. Exploratory surface drilling in the east and south sides of the resource area in the TLP mine discovered high-grade silver-lead-zinc mineralization at higher elevations. These intercepts of veins T39E2, T17 and T38 are expected to expand the resources in these areas. Hole ZKG4T15W113 intersected a 3.96 m interval of vein T15W1 grading 1,086 g/t Ag, 0.93% Pb, 0.19% Zn, 0.19 g/t Au, and 0.15% Cu at the 672 m elevation; Hole ZKTDB20T1701 intersected a 3.48 m interval from 170.40 m to 173.88 m of vein T17, grading 675 g/t Ag, 0.92% Pb, 0.43% Zn, 0.01 g/t Au, and 0.15% Cu at the 893 m elevation, which includes a 0.78 m interval from 171.26 m to 172.04 m grading 2,206 g/t Ag, 1.44% Pb, 0.71% Zn, 0.02 g/t Au, and 0.40% Cu at the 892 m elevation; Hole ZKTDB27AT39E201 intersected a 0.81 m interval from 99.41 m to 100.22 m of vein T39E2 grading 1,705 g/t Ag, 1.3% Pb, 0.35% Zn, 0.02% Au, and 0.06% Cu at the 803 m elevation; and Hole ZKTDB25AT39E201 intersected a 1.71 m interval from 169.08 m to 170.79 m of vein T39E2 grading 456 g/t Ag, 16.16% Pb, 2.55% Zn, 0.01% Au, and 0.11% Cu at the 785 m elevation. In addition to the drilling program, 4,526 m of exploration drift tunneling were developed at the TLP mine during this period. Highlights of selected mineralized zones exposed in the drift tunnels: Drift Tunnel PD890-T16E-890-2NYM exposed mineralization 85 m long and 0.64 m wide grading 721 g/t Ag, 2.62% Pb and 0.72% Zn within vein T16E on the 893 m level; Drift Tunnel PD820-T22E-700-16NYM exposed mineralization 30 m long and 0.81 m wide grading 692 g/t Ag, 3.43% Pb and 1.05% Zn within vein T22E on the 704 m level; Drift Tunnel PD960-T33-990-13NYM exposed mineralization 20m long and 0.44 m wide grading 1,841 g/t Ag, 1.81% Pb and 1.31% Zn within vein T33 on the 960m level; and Drift Tunnel PD846-T11E-846-10SYM exposed mineralization 110m long and 0.68 m wide grading 427 g/t Ag, 2.26% Pb and 0.44% Zn within vein T11E on the 858 m level.
GRMN

Hot Stocks

07:26 EDT Garmin G5000 flight deck selected by Deutsche Aircraft for D328eco flight deck - Garmin International, Inc., a unit of Garmin, announced an agreement with Deutsche Aircraft to provide the Garmin G5000 integrated flight deck for the D328eco Companion flight deck. "Deutsche Aircraft is working to develop the new D328eco, which is expected to provide the regional air transportation market a more sustainable and environmentally friendly aircraft option by 2025," the company said. "Deutsche Aircraft is developing the D328eco to be a disruptive new entrant in the regional air transportation segment, and we are proud to work in close coordination with their team to help them bring new technologies to this market," said Creighton Scarpone, Garmin director of airline and business aviation sales. "Garmin has an established history of supplying innovative, forward-looking avionics technologies to operators across the industry and we are honored to have been selected to bring our G5000 integrated flight deck into the regional airline market on Deutsche Aircraft's D328eco aircraft."
NUVB

Hot Stocks

07:26 EDT Nuvation Bio appoints David Hanley as Chief Technical Operations Officer - Nuvation Bio announced the appointment of David C. Hanley, as Chief Technical Operations Officer, joining the Company's executive management team. In his new role, Hanley will oversee all early- and late-stage pharmaceutical development and operations, including supply chain, product development and manufacturing efforts, and work closely on commercial planning with Quality, Regulatory Affairs, Clinical Development and Clinical Operations teams. Hanley brings 20 years of pharmaceutical industry experience driving strategy for technical operations and chemistry manufacturing and controls (CMC), including virtual networks, for drug development, manufacturing and distribution in the U.S. and worldwide. He holds diverse disease expertise, including oncology, central nervous system and autoimmune, and product types, including biologics, small molecule therapies, cell therapies and synthetic peptide products. Hanley most recently served as Senior Vice President and Head of Global Pharmaceutical Development and Operations at BioXcel Therapeutics, where he led strategy and execution for CMC development, end-to-end supply chain and external supply manufacturing.
SPPI

Hot Stocks

07:23 EDT Spectrum announces rolontis pre-approval inspection has been initiated - Spectrum Pharmaceuticals announced that the Food and Drug Administration is "on site" for the ROLONTIS manufacturing facility inspection. Spectrum previously received notification from the agency that it would defer its decision on the BLA for ROLONTIS because an inspection of the Hanmi Bioplant in South Korea could not be conducted due to restrictions on travel related to the COVID-19 pandemic.
ALNY

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07:21 EDT Alnylam completes enrollment in APOLLO-B phase 3 study of patisiran - Alnylam Pharmaceuticals announced that it has achieved full patient enrollment in its APOLLO-B Phase 3 study of patisiran, an investigational RNAi therapeutic in development for the treatment of cardiomyopathy in patients with transthyretin-mediated, or ATTR, amyloidosis. Enrollment was completed with over 300 ATTR amyloidosis patients across 90 sites in more than 20 countries. APOLLO-B is the industry's furthest progressed randomized, double-blind, placebo-controlled study of a TTR silencer investigational medicine for the treatment of cardiomyopathy in hATTR and wtATTR amyloidosis patients. Patisiran is the established name for ONPATTRO, which is approved in the United States, Canada and Japan for the treatment of the polyneuropathy of hATTR amyloidosis in adults and in the European Union, Switzerland and Brazil for the treatment of hATTR amyloidosis in adults with Stage 1 or Stage 2 polyneuropathy. Rena Denoncourt, Vice President, TTR Franchise Lead said, "We look forward to announcing topline APOLLO-B results in mid-2022 and are excited about the potential of patisiran to treat multiple manifestations of this rapidly progressive disease and further advance our aspiration to build the industry leading franchise of RNAi therapeutics for the treatment of ATTR amyloidosis."
PWR...

Hot Stocks

07:21 EDT LUMA Energy commences operation, maintenance of Puerto Rico T&D system - Quanta Services (PWR) announced that LUMA Energy, LLC (LUMA), a joint venture between Quanta Services and Canadian Utilities Limited (CDUAF), an ATCO Ltd. Company (ACLLF), has commenced the operations and maintenance of Puerto Rico's electric power transmission and distribution system under the Supplemental Terms Agreement following nearly a year of preparation to transition these responsibilities from the Puerto Rico Electric Power Authority to LUMA.
TSLA

Hot Stocks

07:21 EDT Tesla's Musk attributes higher vehicle prices to supply chain price pressure - In a Tweet responding to complaints about reduced features and higher prices for Tesla vehicles, CEO Elon Musk stated: "Prices increasing due to major supply chain price pressure industry-wide. Raw materials especially." Reference Link
CRVL

Hot Stocks

07:19 EDT CorVel redesigns Care Advocacy model by expanding nurses' roles in claims - CorVel has redesigned the Care Advocacy model by expanding the important role played by nurses in the first 30 days of a claim. The change allows for a personal and customized program for the company's customers and their employees. Care Advocacy is the secondary nursing engagement in CorVel's workers' compensation program, following the Advocacy 24/7 nurse. This approach leverages CorVel's integrated CareMC EdgeSM platform, which identifies claims involving moderate to severe worker injuries and connects a nurse care advocate within 24 hours of the first report. Unlike other early intervention programs, CorVel's Care Advocacy model involves the nurse as a patient advocate for up to 30 days after initial contact. The Care Advocate educates the injured worker on their medical diagnosis, treatment plan, and return-to-work options, and engages them in the care and recovery process as an active participant. The Care Advocate understands the claim process and ensures the worker receives care and treatment quickly and effectively. This patient-centered approach to claims management empowers the injured worker, resulting in increased satisfaction and timely return to work. "Our newly expanded Care Advocacy program is implemented during the first 30 days of a claim-a critical time frame that sets the tone for the claim direction and ultimate outcome," said Karen Thomas, Director of Case Management Innovation at CorVel. "During that time, our Care Advocates focus on what's most important: the injured worker and their well-being. They are true patient advocates who help injured workers navigate the often-confusing claim process. This personalized service can improve medical outcomes and reduce the length of a claim."
BBIO

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07:18 EDT BridgeBio's QED therapeutics, Helsinn Group announce FDA approval of truseltiq - BridgeBio Pharma, through its affiliate QED Therapeutics, and Helsinn Group announced that the US Food and Drug Administration has approved truseltiq under the accelerated approval program for the treatment of patients with previously-treated locally advanced or metastatic cholangiocarcinoma, or CCA, harboring an FGFR2 fusion or rearrangement. truseltiq is an orally administered, ATP-competitive, tyrosine kinase inhibitor of FGFR. In the pivotal trial of patients with advanced, unresectable CCA, an aggressive malignancy with poor prognosis, truseltiq led to cases of tumor shrinkage. The approval of TRUSELTIQ is based on a Phase 2 clinical study in which 108 patients who had undergone at least one prior treatment for advanced CCA received 125 mg of truseltiq daily for 21 days of 28-day cycles. Of these patients, 107 had Stage IV CCA. All patients had received at least 1 prior line of systemic therapy. The study's primary endpoint demonstrated a confirmed objective response rate of 23%. The study also showed a median duration of response of 5.0 months. Additional marketing applications for infigratinib are currently under review in Australia and Canada under Project Orbis, an initiative of the FDA's Oncology Center of Excellence that allows for concurrent submission and review of oncology drugs among participating international regulatory agencies. BridgeBio and Helsinn Group's affiliate, Helsinn Therapeutics, will be jointly responsible for commercialization activities in the U.S. and will share U.S. profits and losses on an equal basis. Helsinn Group will have exclusive commercialization rights on infigratinib outside of the U.S., excluding China, Hong Kong and Macau. BridgeBio will be eligible for tiered royalties as a percentage of adjusted net sales, and payments totaling up to approximately $2.45B in the aggregate. Helsinn Group will fund the majority of ongoing and future research and development related to infigratinib in oncology. BridgeBio and Helsinn Group entered into a global collaboration and licensing agreement in March 2021. BridgeBio previously entered a strategic collaboration with LianBio for development and commercialization of infigratinib in oncology indications in China, Hong Kong and Macau.
OPT

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07:17 EDT Opthea appoints Julia Haller, Judith Robertson to board of directors - Opthea Limited announced the appointments of Julia Haller and Judith Robertson as independent Non-Executive Directors to its Board of Directors, effective June 1, 2021. Julia Haller, Ophthalmologist-in-Chief and William Tasman, MD Endowed Chair at Wills Eye Hospital, serves as Professor and Chair of the Department of Ophthalmology at Sidney Kimmel Medical College at Thomas Jefferson University Dr. Haller received her Bachelor of Arts from Princeton University, graduating magna cum laude, and completed her medical training at Harvard Medical School. Her previous appointments include Professor of Ophthalmology, Johns Hopkins University School of Medicine, The Wilmer Eye Institute. Judith Robertson, most recently Chief Commercial Officer of Eleusis Ltd, was previously Chief Commercial Officer of Aerie Pharmaceuticals, where she oversaw the launch of Rhopressa(R), the first product targeting a new mechanism of action for the treatment of glaucoma in 20 years, and the launch of the combination product Rocklatan.
CRBP

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07:17 EDT Corbus Pharmaceuticals licenses two integrin targeting mAbs - Corbus Pharmaceutical sannounced licensing deals for two new monoclonal antibodies, mAbs, CRB-601 and CRB-602, that target integrins to inhibit activation of transforming growth factor beta,TGFbeta. This new integrin program, in addition to the existing endocannabinoid system program, strengthens and diversifies Corbus' immunology pipeline for inflammatory, fibrotic, and metabolic diseases, and cancer. With these additions, Corbus expects to have four compounds other than lenabasum in Phase 1 testing in 2022. Targeting integrins to inhibit TGFbeta activation. TGFbeta is a multifunctional cytokine involved in many cellular processes, including cell growth and differentiation, immune responses, wound healing, and tissue repair. TGFbeta plays a key role in fibrosis and also promotes cancer growth and metastasis via its effects in the tumor microenvironment. The integrins alphavbeta6 and alphavbeta8 are expressed by cancer cells, and alphavbeta6 is also expressed on epithelial cells in fibrotic diseases. These integrins enable TGFbeta to exert its biologic effects by releasing it from its latent complex. The goal of blocking
FPI

Hot Stocks

07:16 EDT Farmland Partners acquires 8,349 acres in Southern Louisiana fro $26.8M - Farmland Partners announced that it purchased 8,349 acres of cropland in Southern Louisiana for total consideration of $26.8M. This highly improved property consists of 5,943 tillable acres, with a rich history of growing rice and soybeans. The farm is located close to the Mermentau River and contains over 20 miles of canals for surface irrigation during the growing seasons. In addition, the transaction will preserve over 1,200 acres of fresh-water marshland known throughout South Louisiana for its outstanding waterfowl habitat. This marshland will continue to offer environmental benefits and recreational opportunities. The farm will be leased for the next several years at a current yield of approximately 4.2%.
SCOR

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07:15 EDT Comscore signs renewal agreement with Minute Media - Comscore announced it has signed a renewal agreement with Minute Media for the use of Comscore's granular digital audience measurement solutions. The multi-year agreement, which sees Minute Media continuing to use Comscore Media Metrix Multi-Platform and Video Metrix Multi-Platform for U.S. and Hispanic audiences, will enhance Minute Media's current audience measurement and ad planning functionalities.
MYGN

Hot Stocks

07:14 EDT Myriad Genetics completes sale of Myriad myPath for $32.5M - Myriad Genetics completed the sale of its wholly-owned subsidiary, Myriad myPath for 32.5M in cash.
NBRV

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07:14 EDT Nabriva Therapeutics reports inducement grants under Nasdaq listing rule - Nabriva Therapeutics announced that it has granted non-statutory stock options to purchase an aggregate of 6,000 ordinary shares of Nabriva Therapeutics as an inducement to two newly-hired employees. These grants were awarded pursuant to the Nasdaq inducement grant exception as a component of new hire employment compensation. The stock options were granted effective May 28, 2021 with an exercise price of $1.38 per share, which is equal to the closing price of Nabriva Therapeutics's ordinary shares on the date of grant. Each stock option granted has a 10-year term and vests over four years, with 25% of the original number of shares vesting on the annual anniversary of the grant date until fully vested, subject to the employee's continued service with the Company through the applicable vesting dates. The stock option awards were approved by Nabriva Therapeutics' Compensation Committee and were granted as an inducement material to each employee's acceptance of employment in accordance with Nasdaq Listing Rule 5635(c)(4). Each of the stock options is subject to the terms and conditions of a stock option agreement covering the grant and Nabriva Therapeutics' 2021 Inducement Share Incentive Plan.
DTIL

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07:14 EDT Precision BioSciences announces new study using ARCUS nuclease - Precision BioSciences announced a new paper published online in Nature Communications that reports preclinical results using an ARCUS nuclease to target mitochondrial DNA and reduce levels of mutant mtDNA in vivo. The study, "Mitochondrial targeted meganuclease as a platform to eliminate mutant mtDNA in vivo" was led by Carlos T. Moraes, Ph.D., Esther Lichtenstein Professor in Neurology at the University of Miami Miller School of Medicine, with Ugne Zekonyte as first author. Researchers involved with the study reported mitoARCUS-induced heteroplasmic shifts of up to 60% in vitro, with changes persisting for up to three weeks. When tested in a heteroplasmic mouse model, mitoARCUS delivered by AAV effectively shifted heteroplasmy towards wild-type in several of the analyzed tissues of juvenile mice, with no depletion in total mtDNA levels at 6, 12, or 24 weeks. In adult mice treated with AAV-mitoARCUS, there was no editing at any of the potential nuclear off-target sites, and liver and skeletal muscle showed robust elimination of mutant mtDNA with concomitant restoration of mitochondrial transfer RNA levels. "This is the first time ARCUS has been used to edit outside the nuclear genome and has done so with encouraging safety and efficacy in this mouse model," said Derek Jantz, Ph.D., co-author of the paper and Chief Scientific Officer at Precision BioSciences. "We continue to see promising results in preclinical studies suggesting that ARCUS could potentially effectively edit mutant mtDNA in vivo in human clinical trials. I congratulate Carlos and his team on this research and look forward to further work on this program."
STRO MKGAY

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07:14 EDT Sutro Biopharma receives milestone payment from Merck KGaA - Sutro Biopharma (STRO) announced that it has received a milestone payment under its collaboration and license agreement with the healthcare division of Merck KGaA (MKGAY), Darmstadt, Germany, related to a patient enrollment achievement in the Phase 1 dose escalation and expansion study of M1231 in adult patients with metastatic solid tumors, including non-small cell lung cancer, or NSCLC, and esophageal squamous cell carcinoma. M1231 is an investigational bispecific antibody-drug conjugate, or ADC, targeting MUC1-EGFR. M1231 was generated using Sutro's XpressCF and Sutro's XpressCF+ cell-free protein synthesis and conjugation technologies and includes a Sutro proprietary linker-warhead.
FHS

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07:13 EDT First High-School Education acquires 51% stake in Beijing Tomorrow - First High-School Education Group announced the acquisition of 51% equity interests in Beijing Tomorrow Future Plus Education Technology Co., a technology-driven education company, for a consideration of RMB76.5M from an original shareholder that was controlled by a related party of the company. The transaction was closed in late May 2021.
STRO

Hot Stocks

07:13 EDT Sutro Biopharma receives milestone payment from Merck KGaA - Sutro Biopharma (STRO) announced that it has received a milestone payment under its collaboration and license agreement with the healthcare division of Merck KGaA, Darmstadt, Germany, related to a patient enrollment achievement in the Phase 1 dose escalation and expansion study of M1231 in adult patients with metastatic solid tumors, including non-small cell lung cancer, or NSCLC, and esophageal squamous cell carcinoma. M1231 is an investigational bispecific antibody-drug conjugate, or ADC, targeting MUC1-EGFR. M1231 was generated using Sutro's XpressCF and Sutro's XpressCF+ cell-free protein synthesis and conjugation technologies and includes a Sutro proprietary linker-warhead.
VCYT

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07:12 EDT Veracyte to acquire HalioDx for EUR $147M in cash, EUR $113M in stock - Veracyte announced it has reached the terms of an agreement to acquire HalioDx in a transaction to "further accelerate growth and strengthen Veracyte's global leadership in cancer diagnostics," the company said. Upon completion of the required works council consultations, Veracyte expects that the shareholders of HalioDx will enter into a definitive purchase agreement with Veracyte for the purchase and sale of HalioDx. Upon the closing of the transaction, HalioDx will become a subsidiary of Veracyte. At closing, Veracyte will pay approximately EUR $260M in total consideration to HalioDx security holders, consisting of approximately EUR $147M in cash and up to approximately EUR $113M in stock, subject to customary purchase price adjustments. The number of Veracyte shares issued in the transaction will be based on a 10-day volume-weighted trading average of Veracyte shares prior to the closing date. However, without changing the total consideration paid at closing, Veracyte has the option, at its sole discretion, to substitute cash in lieu of shares in any amount up to the entire acquisition consideration. The transaction, which has been unanimously approved by Veracyte's board of directors and is fully supported by the HalioDx board of directors, is expected to close in the third fiscal quarter of 2021, subject to the satisfaction of customary closing conditions, including foreign investment approval in France. Veracyte expects the acquisition of HalioDx to be accretive to its revenue growth in 2021 and to expand the near-term addressable markets for Veracyte's current and pipeline tests. Veracyte also expects the transaction to be strategically accretive to its gross margins once it transitions manufacturing of test kits to HalioDx for use on the nCounter Analysis System.
BSPE

Hot Stocks

07:11 EDT Bespoke Capital shareholders approve merger with Vintage Wine Estates - Bespoke Capital Acquisition announced that BCAC's shareholders voted to approve its proposed merger with Vintage Wine Estates at its shareholder meeting held on May 28, 2021. The domestication of BCAC from British Columbia to Nevada was also approved. On February 4, 2021, BCAC announced a definitive agreement for a business combination with Vintage Wine Estates. Upon closing, the combined company will be named Vintage Wine Estates, Inc. Its common stock will remain listed on the Nasdaq Global Market under the new ticker symbol "VWE" and on the TSX under the symbol "VWE.U". The warrants will remain listed on the TSX under "VWE.WT.U". BCAC also announced that VWE's shareholders have approved the proposed merger. The closing of BCAC's business combination with VWE is expected to occur on or about June 7, 2021.
ATHA

Hot Stocks

07:11 EDT Athira Pharma appoints Mark Worthington as General Counsel - Athira Pharma announced the appointment of Mark Worthington as the company's General Counsel, effective June 1.We have worked with Mark for many years and are excited he is now joining Athira. He brings a wealth of experience providing legal and strategic business counsel to private and public companies including life science companies," said Leen Kawas, Ph.D., President and Chief Executive Officer at Athira. "As our General Counsel, Mark will be integrally involved in Athira's business growth and strategic plans."
CLDR

Hot Stocks

07:11 EDT Cloudera reports Q1 subscription revenue $200.7M, up 7% y/y - Annualized Recurring Revenue grew 12% year-over-year to $805M. Operating cash flow for the first quarter of fiscal 2022 was $162.2M, compared to $68.4M for the first quarter of fiscal 2021. Non-GAAP subscription gross margin for the quarter was 91%, up from 88% in the first quarter of fiscal 2021.
CEVA SQNS

Hot Stocks

07:10 EDT Sequans licenses Ceva's PentaG 5G New Radio IP - CEVA (CEVA) announced that Sequans Communications (SQNS) has licensed the PentaG 5G New Radio IP to power its upcoming 5G platform. Sequans will leverage PentaG to ensure its 5G platform will meet the extreme performance, low latency and strict power budget requirements of the IoT industry. The PentaG architecture contains specialized scalar and vector DSP processors, co-processors, AI processor, accelerators, software and other essential IP blocks, in a highly configurable and modular architecture. PentaG supports the full gamut of 5G eMBB use cases.
PASG

Hot Stocks

07:10 EDT Passage Bio appoints Derrell Porter to board of directors - Passage Bio announced the election of Derrell Porter, M.D., to its board of directors and his appointment to the Audit Committee, effective as of May 27, 2021, the date of Passage Bio's Annual Meeting of Stockholders. Dr. Porter is founder and CEO of Cellevolve Bio, a cell therapy company focused on transforming investigational CNS, oncology and transplant therapies into commercial products.
HNRG

Hot Stocks

07:09 EDT Hallador Energy, Hoosier team to develop renewable generation at Merom site - Hallador Energy announced it will join with Hoosier Energy Rural Electric to develop up to 1000 megawatts of renewable power. The new generation will be located near the Merom Coal Generation Station in Sullivan, IN which Hoosier Energy expects to retire in May 2023. The plan calls for Hallador to develop approximately 200MW of energy from solar and battery storage through power purchase agreements with Hoosier Energy in 2025. Hallador will seek other customers to develop the remaining generation capacity at the Merom interconnection site. "We are excited for the opportunity to work with Hallador Energy and open a path for them to develop renewable energy near the Merom Station," said Donna Walker, President and CEO of Hoosier Energy. "While it may seem surprising for a coal producer to assist with a renewable transition, Hallador has been helping serve the needs of Hoosier Energy for 17 years. Not only will this conversion assist both companies in transitions to a greener future, but it will also benefit our members and their member-consumers as well." "Expanding Hallador's portfolio to include renewable energy is the natural next step in the company's evolution, " said President and CEO Brent Bilsland. "With today's heightened focus on decarbonization, utilities are constantly evaluating the makeup of their generation. Thus, during these times of rapid change we are seeing coal plant retirement dates being both accelerated, for environmental reasons, and delayed, over grid stability concerns," Bilsland said. "Hallador is now uniquely situated to support our customers through coal supply to existing plants while also offering a platform to help customers transition to solar and batteries at the time of their choosing. This flexibility we can now offer is good for our customers, employees, and our shareholders."
PGSVY...

Hot Stocks

07:09 EDT PGS, Ion Geophysical complete Shell Egypt survey - ION Geophysical Corporation (IO) and PGS (PGS) announced the completion of a survey offshore Egypt acquired on behalf of Shell (RDS.A) with an Extended Long Offset design in combination with ION's Gemini source technology. This is the last in a string of PGS programs successfully acquired in the Mediterranean starting in July 2020, and the first proprietary deployment of ION's extended frequency source. The Ramform Tethys towed a wide multi-sensor GeoStreamer configuration, while the Ramform Sovereign towed ION's extended frequency source, designed to help capture richer low frequencies to improve subsurface characterization while limiting higher frequencies to a more ecologically-friendly range. All three companies are aligned in their dedication to sustainable business practices that minimize the environmental impact of operations.
CLDR

Hot Stocks

07:08 EDT Cloudera to acquire SaaS companies Datacoral and Cazena - Cloudera announced that it has agreed to acquire Datacoral and Cazena in two separate transactions. The additions of Datacoral and Cazena will support the evolution of Cloudera's public cloud offering and expand Cloudera's market opportunity as the company moves beyond big data to self-service. The two acquisitions mark an important milestone as Cloudera continues to execute its strategic plan to build a leader in the hybrid cloud space. The acquisitions are expected to close in Cloudera's current fiscal 2022 second quarter, ending July 31, 2021, subject to customary closing conditions.
MSCI V

Hot Stocks

07:08 EDT MSCI appoints Rajat Taneja to board of directors - MSCI (MSCI) announced that Rajat Taneja, President of Technology for Visa (V), has been appointed to serve as an independent director on MSCI's board of directors, effective June 1, 2021. Taneja will serve as a member of the Audit Committee of the board. Following the appointment of Taneja, the board will be comprised of 10 directors.
CTIC

Hot Stocks

07:08 EDT CTI BioPharma's NDA for pacritinib accepted by FDA - CTI BioPharma announced that the FDA has accepted its New Drug Application, or NDA, for pacritinib as a treatment for myelofibrosis patients with severe thrombocytopenia, with the NDA being granted Priority Review. The Prescription Drug User Fee Act, or PDUFA, target action date is November 30. The FDA is not currently planning to hold an advisory committee meeting to discuss the NDA. The NDA was accepted based on the data from the Phase 3 PERSIST-2 and PERSIST-1 and the Phase 2 PAC203 clinical trials, with a focus on the severely thrombocytopenic patients enrolled in these studies who received pacritinib 200 mg twice a day, including both frontline treatment-naive patients and patients with prior exposure to JAK2 inhibitors.
PSEC

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07:07 EDT Prospect Capital says preferred stock offering cumulative issuances exceed $100M - Prospect Capital Corporation announced that Prospect's preferred stock offering of Series A1, M1, M2, and A2 cumulatively has issued $105.9 million in aggregate preference amount since the initial closing in the quarter ending December 31, 2020. The Preferred Stock has a stated annual dividend rate of 5.5%, paid monthly and ranks senior to over $3.6 billion of Prospect's common stock. The Preferred Stock is perpetual and convertible into our publicly traded common stock at the preferred investor's discretion.
EVLO

Hot Stocks

07:06 EDT Evelo Biosciences appoints Mark Plinio as Chief Commercial Officer - Evelo Biosciences announced the appointment of Mark Plinio as Chief Commercial Officer, effective June 14, . Mr. Plinio brings significant pharmaceutical sales and marketing leadership to Evelo, including experience building and managing blockbuster brands through all stages of commercialization. "We are pleased to welcome Mark to Evelo as we look forward to key milestones across our broad portfolio of SINTAX medicines, and continue building our team for the future," said Simba Gill, Ph.D., Chief Executive Officer of Evelo. "Mark's leadership and broad experience launching blockbuster products will be essential as we build the late-stage development and commercial capabilities needed to become a multi-product company delivering on the full promise of our therapies to patients around the world."
HERTF

Hot Stocks

07:06 EDT Heritage Cannabis to acquire Bloom Brands for $15M in all share transaction - Heritage Cannabis announced it has entered into a non-binding letter of intent to purchase all of the issued and outstanding common shares of California based Capna Intellectual/dba Bloom Brands in an all share transaction. Under the terms of the Agreement, Bloom will receive approximately $15M of Heritage common shares in two tranches. The first tranche of $7.5M will be at a deemed value of CA 14c per Heritage share, followed by a second tranche of shares six months after closing at a deemed value of either the greater of CA 16c or a 15% discount to the 15-day VWAP. The agreement also includes potential milestone payments of up to an additional $17M of Heritage common shares contingent upon Bloom achieving certain financial targets over a twelve-month period. All shares issued as part of the agreement will be subject to lock-up provisions and applicable statutory hold periods. The transaction is expected to close by the end of July and is subject to customary closing conditions and applicable third party and regulatory approvals. There can be no assurance that the transaction will be completed on the terms set out herein or at all.
ALKS

Hot Stocks

07:06 EDT Alkermes announces FDA approval to treat adults schizophrenia with LYBALVI - Alkermes announced that the FDA has approved LYBALVI for the treatment of adults with schizophrenia and for the treatment of adults with bipolar I disorder, as a maintenance monotherapy or for the acute treatment of manic or mixed episodes, as monotherapy or an adjunct to lithium or valproate. LYBALVI is a once-daily, oral atypical antipsychotic composed of olanzapine, an established antipsychotic agent, and samidorphan, a new chemical entity. In the ENLIGHTEN clinical development program, LYBALVI demonstrated antipsychotic efficacy, safety and tolerability, including statistically significantly less weight gain than olanzapine in patients with schizophrenia in the ENLIGHTEN-2 study. Alkermes expects to make LYBALVI available for patients in the Q4.
GTBIF

Hot Stocks

07:05 EDT Green Thumb Industries closes on acquisition of Liberty Compassion - Green Thumb Industries announced that it has closed on an acquisition of Liberty Compassion, a Massachusetts-based medical cannabis cultivator and retailer. The acquisition adds cultivation and production capacity and two operating medical cannabis dispensaries located in Boston and West Springfield. With the acquisition, Green Thumb now has two operational cultivation and production facilities in Massachusetts to serve the growing consumer demand for cannabis. Green Thumb's branded products, including Dogwalkers brand pre-roll joints; Doctor Solomon's medical-grade drops, lotions and balms; incredibles gummies, chocolates and tarts; and Rythm premium flower and vapes, are produced in the Commonwealth and available at licensed cannabis dispensaries across Massachusetts. The two Affinity cannabis stores join Green Thumb's Rise Amherst location, which serves medical patients and recreational customers.
BYSI

Hot Stocks

07:05 EDT BeyondSpring says FDA accepts NDA for Plinabulin and G-CSF Combination - BeyondSpring announced that the U.S. Food and Drug Administration, FDA, has accepted for filing, and with Priority Review, the Company's New Drug Application seeking approval for use of plinabulin in combination with granulocyte colony-stimulating factor for the prevention of chemotherapy-induced neutropenia (CIN). Plinabulin, a novel, intravenous infused small molecule, acts as a selective immunomodulating microtubule-binding agent, SIMBA, with immune anti-cancer activities, and broad activities in prevention of CIN across chemotherapy and cancer types. Priority Review is granted by the FDA to applications for medicines that, if approved, would provide significant improvements in the effectiveness or safety of the treatment, diagnosis, or prevention of serious conditions when compared to standard of care. In general, the FDA's Priority Review designation accelerates the review time from 10 months to a goal of six months from the date of acceptance of the filing. The FDA has a Prescription Drug User Fee Act target action date set for the plinabulin NDA of November 30. The U.S. FDA and China NMPA previously granted Breakthrough Therapy Designation in September 2020 for plinabulin and G-CSF combination for "concurrent administration with myelosuppressive chemotherapeutic regimens in patients with non-myeloid malignancies for the prevention of CIN." "We are pleased that the FDA has accepted with priority review our NDA filing for plinabulin, which is one of the key milestones for this product in 2021. We look forward to continue to work closely with the FDA through the review process," said Dr. Lan Huang, co-founder, CEO and chairwoman of BeyondSpring. "Chemotherapy is a very important therapy regimen for cancer patients, even more so with its approval in combination with checkpoint inhibitors. With COVID-19, the NCCN panel had updated the guidelines to potentially double the patient population included in CIN prevention. If approved, plinabulin and G-CSF combination would be an important new and improved option to prevent CIN for approximately 467,500 cancer patients in the U.S. annually."
SYBT

Hot Stocks

07:04 EDT Stock Yards Bancorp completes acquisition of Kentucky Bancshares - Stock Yards Bancorp announced that it has completed its previously announced acquisition of Kentucky Bancshares, Inc. Kentucky Bancshares, headquartered in Paris, Kentucky, is the holding company for Kentucky Bank, which operates 19 branches in 11 communities throughout central and eastern Kentucky, including the Lexington, Kentucky metropolitan statistical area and contiguous counties.
KIRK

Hot Stocks

07:04 EDT Kirkland's announces financial goals for the next two and three years - Kirkland's annual financial goals for the next two to three years include: "Improving comparable sales performance, driven by e-commerce growth, merchandising, brick-and-mortar store productivity and closure of underperforming stores. Stabilizing gross margin by continuing with our current discipline of limited promotional offers, expanding direct sourcing, improving supply chain efficiency and reducing occupancy costs. With improved merchandise quality and to support a better customer experience, we will continue to move towards more targeted promotions. Direct sourcing is expected to increase from approximately 20% of purchases in 2020 to 40% to 50% over the next two to three years. With these product margin improvements, continued efficiencies in our supply chain and lower occupancy costs, our goal is to improve our annual gross profit margin to a mid-30% range over the next two to three years. Improving profitability by leveraging the leaner infrastructure with comparable sales growth. We believe our ideal store count should be in the range of 300 to 350 stores. We believe there will be additional opportunities for more favorable rent terms with ongoing lease renewals. With approximately $45M in annualized operating expenses eliminated from the business, we expect to reach annual EBITDA as a percent of sales in the high-single to low-double-digit range and annual operating income in the mid to high-single-digit range within two to three years. Maintaining adequate liquidity and generating free cash flow while continuing to invest in key strategic initiatives of the business and returning excess cash to our shareholders."
CLAR

Hot Stocks

07:03 EDT Clarus to acquire Rhino-Rack for $198M - Clarus Corporation announced it has entered into a definitive agreement to acquire Australia-based Rhino-Rack, a manufacturer and distributor of highly-engineered automotive roof racks, trays, mounting systems, luggage boxes, carriers, and accessories, for an aggregate purchase price of approximately $198M. Rhino-Rack will continue to operate independently as a wholly-owned indirect subsidiary of Clarus and will constitute a third reporting segment associated with mobile solutions for outdoor adventure. The purchase consideration is comprised of $150M cash and approximately 2.3 million shares of Clarus common stock calculated pursuant to the terms of the purchase agreement. Richard Cropley, Rhino-Rack's founder and Managing Director, is anticipated to be a top five shareholder of Clarus following the completion of the transaction. In addition, an earn-out of $8M in cash is payable on July 31, 2022, contingent on the achievement of a specified revenue target. The Company expects the cash consideration to be financed through the upsizing of the Company's existing credit facility led by J.P. Morgan. The acquisition of Rhino-Rack is expected to be immediately accretive to Clarus following closing. Headquartered in Sydney, Australia and founded in 1992 by Mr. Cropley, Rhino-Rack is an iconic brand that embodies the Clarus' Super Fan ethos. Rhino-Rack has leading market share for its core products in Australia and New Zealand with a growing presence globally, particularly in the U.S., and is best known for its superior "north / south" roof rack designs with best-in-class solutions that "make space for adventure." Customers rely on Rhino-Rack to transform their vehicles for work, play, or anything in between. Rhino-Rack has well-established routes to market through a combination of long-standing distributors, retail relationships, OEM partners, third-party e-commerce sites and growing direct-to-consumer presence. For the trailing twelve-month period ended March 31, 2021, Rhino-Rack generated approximately $90M in net sales and approximately $16.7M of Adjusted EBITDA. Approximately 80% of Rhino-Rack's sales came from Australia and New Zealand, and 20% from North America. The transaction is expected to close in July 2021, subject to customary closing conditions as well as certain regulatory approvals in New Zealand. Following the closing of the transaction, the Rhino-Rack management team will continue to run the business from Rhino-Rack's headquarters in Sydney, Australia. Clarus expects to provide additional information on the Rhino-Rack transaction in connection with its second quarter conference call expected to be held in August 2021.
TMHC

Hot Stocks

06:59 EDT Taylor Morrison increases stock repurchase program by up to $250M - Taylor Morrison Home Corporation announced that its Board of Directors has increased the amount available for repurchases under its stock repurchase program by up to $250 million of the Company's Common Stock. Repurchases of the Company's Common Stock under the program will occur from time to time in open market purchases, privately negotiated transactions or other transactions through December 31, 2022. Since 2015, the Company has repurchased a total of approximately 37 million shares for $735 million, representing 31 percent of its shares outstanding.
LCI...

Hot Stocks

06:59 EDT Lannett announces FDA acceptance of ANDA for generic Advair Diskus - Lannett Company (LCI) announced the U.S. Food and Drug Administration has accepted the Abbreviated New Drug Application for Fluticasone Propionate and Salmeterol inhalation powder, which was submitted by Lannett on behalf of its strategic alliance partner, Respirent Pharmaceuticals Co. Ltd. The FDA assigned a Generic Drug User Fee Act of 2017 goal date for this priority original ANDA of January 31, 2022. The product is the generic equivalent of ADVAIR DISKUS of GlaxoSmithKline (GSK). Total U.S. sales of the product, according to IQVIA (IQV), were approximately $3 billion for the 12 months ending April 2021, although actual generic market values are expected to be lower. As previously announced, Lannett entered into an exclusive U.S. distribution agreement for the therapeutically equivalent generic of Advair Diskus of Respirent. Under the agreement, Lannett will commence U.S. distribution of the product after FDA approval and receive a portion of the net profits once it commences distribution of the product. The companies recently extended the term of the agreement to 12 years post commencement of distribution.
GEO

Hot Stocks

06:56 EDT Geo Group names Jose Gordo as CEO, succeeding George Zoley - The GEO Group announced that GEO's Chairman, CEO and Founder, George Zoley, will transition to the position of Executive Chairman of GEO's Board of Directors under a new five-year employment agreement with subsequent automatic one-year renewals, and Jose Gordo will be appointed CEO effective July 1, reporting to Zoley. Gordo has over 20 years of experience in business management, private equity, corporate finance, and business law. Since June 2017, Gordo has served as the Managing Partner of a general partnership that invests in and actively oversees small and medium-sized privately held companies, with a focus on the healthcare, technology, and financial services industries.
ALKS

Hot Stocks

06:55 EDT Alkermes trading halted, news pending
NVO

Hot Stocks

06:54 EDT Novo Nordisk announces collaboration and license agreement with Heartseed - Heartseed Inc. and Novo Nordisk announced that they have entered into an exclusive worldwide collaboration and license agreement for development, manufacturing and commercialization of Heartseed's lead asset HS-001, an investigational cell therapy using purified cardiomyocytes derived from induced pluripotent stem cells, which is currently under development by Heartseed for the treatment of heart failure. Heartseed is planning to initiate a phase 1/2 clinical trial in Japan in the second half of 2021 evaluating the safety and efficacy of HS-001 for the treatment of heart failure caused by ischemic heart disease. Japan's Pharmaceutical and Medical Devices Agency has approved Heartseed's Clinical Trial Application to carry out the clinical trial. Under the terms of the agreement, Novo Nordisk gains exclusive rights to develop, manufacture and commercialize HS-001 worldwide except in Japan. Heartseed will maintain the rights to solely develop HS-001 in Japan and Novo Nordisk has the rights to co-commercialize the product in Japan with Heartseed with 50/50 profit and cost sharing. Heartseed is eligible to receive payments totaling up to $598M dollars including $55M dollars in upfront and near-term milestone payments. Heartseed is also eligible to receive tiered high single-digit to low double-digit royalties of annual net sales outside of Japan.
NAK

Hot Stocks

06:51 EDT Northern Dynasty reports USACE completion of AR for Pebble Project appeal - Northern Dynasty Minerals reports that the US Army Corps of Engineers has completed the 'administrative record' that will serve as the basis for its official review of the negative Record of Decision issued for Alaska's Pebble Project last fall. The USACE completed the AR and provided a copy to Northern Dynasty's 100%-owned, U.S.-based subsidiary Pebble Limited Partnership last week. The Pebble Partnership and its legal counsel are currently reviewing the voluminous record for completeness and relevance to the USACE's permitting decision, and its sufficiency to support a fair, transparent and efficient review. The Pebble Partnership also recently learned the USACE is naming a new Review Officer to lead the Pebble Project appeal. Once in place, the Company expects the new RO to set a detailed timeline for the administrative appeal process, including scheduling a potential site visit and appeal conference.
LOW

Hot Stocks

06:49 EDT Lowe's CEO Marvin Ellison named chairman of the board - Lowe's Companies announced its board of directors has elected Marvin R. Ellison, president, CEO and current director of Lowe's, to the additional role of chairman of the board. Ellison succeeds Richard Dreiling, who has shifted from the role of chairman to lead independent director.
SNY MRK

Hot Stocks

06:48 EDT Sanofi, Merck announce U.S. availabity of pediatric combination vaccine - Vaxelis developed as part of a partnership between Sanofi Pasteur (SNY) and Merck (MRK) is now available in the U.S. Vaxelis is a hexavalent (combination vaccine available in the U.S. Vaxelis is a vaccine given to protect your child from getting diphtheria, tetanus, pertussis, polio, Hib, and hepatitis B. Vaxelis is given to children from 6 weeks through 4 years of age and is given as 3 shots, one at 2 months, one at 4 months and one at 6 months of age. On February 11, 2021, the U.S. Centers for Disease Control and Prevention's Advisory Committee included Vaxelis as a combination vaccine option in the CDC's recommended Child and Adolescent Immunization Schedule. Vaxelis will be widely available in the U.S. through traditional public and private channels, including directly from Sanofi Pasteur via vaccineshoppe.com.
MRK SNY

Hot Stocks

06:48 EDT Merck and Sanofi's Vaxelis pediatric vaccine is now available in the U.S. - Vaxelis, a Diphtheria and Tetanus Toxoids and Acellular Pertussis, Inactivated Poliovirus, Haemophilus b Conjugate and Hepatitis B Vaccine, developed as part of a partnership between Sanofi Pasteur, the global vaccines business unit of Sanofi (SNY), and Merck (MRK), known as MSD outside the U.S. and Canada, is now available in the U.S. Vaxelis is the first and only hexavalent combination vaccine available in the U.S. Vaxelis is a vaccine given to protect children from getting diphtheria, tetanus, pertussis, polio, Hib, and hepatitis B.
SHWZ

Hot Stocks

06:40 EDT Schwazze to acquire Southern Colorado Growers for $11.3M - Schwazze announced signed definitive documents to acquire the assets of Southern Colorado Growers in Huerfano County, Colorado. The proposed transaction includes 34 acres of land with outdoor cultivation capacity, as well as indoor, greenhouse, and hoop house cultivation facilities and equipment. This planned purchase continues Schwazze's expansion in Colorado and, is the company's first major move into cultivation, which will provide high-end, premium cannabis directly to its Star Buds dispensaries and significant production of biomass for its PurpleBee's extraction and manufacturing facility. PurpleBee's is Colorado's largest supplier of wholesale distillate for the CPG market, providing quality distillate to leading vaporizer, concentrates and edibles companies. The consideration for the proposed acquisition is $6.8M for the business and $4.5M for the real estate and farm assets. Total consideration of $11.3M will be paid as $5.9M of cash at closing and $5.4M in Schwazze common stock at closing. After closing, Schwazze has major expansion plans for SCG which includes the buildout of additional hoop house facilities over the next four quarters. SCG produces premium flower with approximately 30 strains and has won multiple Connoisseur Cup awards for select strains in 2020. The acquisition is expected to close in Q3 2021, subject to closing conditions and covenants customary for this type of transaction, including, without limitation, obtaining MED and local licensing approval.
VUZI

Hot Stocks

06:40 EDT Cathie Wood's ARK Investment disclosed buying 773.4K shares of Vuzix on Friday
IMUX NVS

Hot Stocks

06:38 EDT Immunic appoints Inderpal Singh as general counsel - Immunic (IMUX) announced the appointment of Inderpal Singh as General Counsel. In his new role, Mr. Singh will be responsible for legal and compliance matters and will become part of the management team of Immunic. Mr. Singh joins Immunic from Sandoz International (NVS), where he served as the Global Legal Head of Biopharma since January 2018.
RDS.A GIB

Hot Stocks

06:37 EDT Shell, CGI sign new five-year contract valued in excess of C$200M - CGI (GIB) and Shell (RDS.A) extend their long-term partnership, signing a new five-year contract valued in excess of C$200M. CGI will help Shell to grow its Fleet Solutions business, by continuing to modernize its end-to-end mobility management and fuel payments platform that currently processes more than 250 million transactions per year and that provides fleet and mobility managers with a one stop digital portal covering a broad range of their needs. CGI will also work closely with Shell to develop and launch new innovative services for its customers and support Shell's IT roadmap as it adapts to the fast-changing energy market.
CLDR

Hot Stocks

06:36 EDT Cloudera jumps about 25% above $16 after confirming private equity acquisition
PNM AGR

Hot Stocks

06:35 EDT PNM Resources, Avangrid announce hearings scheduled on amended stipulation - On Friday, the Hearing Examiner for the New Mexico Public Regulation Commission set the remaining procedural schedule for the amended stipulation in the merger application of Public Service Company of New Mexico and its parent company, PNM Resources (PNM), with AVANGRID (AGR). This schedule comes after AVANGRID addressed regulatory issues for its northeastern regional utility subsidiaries on service quality standards, including details on routine reviews management audits that are typical for investor-owned utilities in those jurisdictions. The filing reflected AVANGRID's policy on open disclosure of its utility practices with customers, employees, regulators, investors, key stakeholders, and the communities in which AVANGRID operates. The procedural schedule sets August 11 - 20, 2021 as the dates for evidentiary hearings on the amended stipulation reached with 13 other parties to combine their diverse interests and bring over $270M in benefits to New Mexico. Five federal agencies and the Public Utilities Commission of Texas have already completed their reviews and approved the proposed merger, leaving the New Mexico Public Regulation Commission as the only remaining approval necessary for the merger. The original application before the NMPRC was filed in November 2020. Parties supporting the amended stipulated agreement include: the Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani, the Coalition for Clean Affordable Energy, Interwest Energy Alliance, Walmart, Inc., Onward Energy Holdings, LLC, M-S-R Power and Los Alamos County.
LCTX

Hot Stocks

06:32 EDT Lineage Cell Therapeutics annonces new patients with retinal tissue restoration - Lineage Cell Therapeutics announced that restoration of retinal tissue was observed in two additional patients enrolled in the Company's Phase 1/2a study of its lead product candidate, OpRegen. OpRegen is an allogeneic retinal pigment epithelium, or RPE, cell transplant therapy in development for the treatment of age-related macular degeneration, or AMD, with geographic atrophy, or GA, or dry AMD. These new findings occurred in two of the three Cohort 4 patients treated in November of 2020, where surgeons successfully covered the majority of the area of atrophy with a suspension of OpRegen cells. Outer retinal layer restoration, which was observed using clinical high-resolution Optical Coherence Tomography, or OCT, was evidenced by the presence of new areas of RPE monolayer with overlying ellipsoid zone, external limiting membrane, and outer nuclear layer, which were not present at the time of baseline assessment. These findings suggest integration of the new RPE cells with functional photoreceptors in areas that previously showed no presence of any of these cells. These effects were most prominent in the transitional areas around the primary area of GA. In addition to positive anatomical changes, all three patients' visual acuity increased above baseline levels within 6 months post-transplant. The totality of these findings supports the view that atrophic AMD is not an irreversible, degenerative condition and that some portion of diseased retinal tissue may be recoverable. In connection with these findings, Lineage has filed a Patent Cooperation Treaty patent application which describes restoration of the anatomy and/or functionality of diseased retinas.
NRXP RLFTF

Hot Stocks

06:32 EDT NRx Pharmaceuticals announces results, submits EUA for ZYESAMI - NRx Pharmaceuticals (NRXP) announced it has filed an application with U.S. Food and Drug Administration requesting Emergency Use Authorization for ZYESAMI, to treat Critically Ill COVID-19 patients suffering with respiratory failure. Consistent with previously announced top-line data, the study identified a statistically significant increase in the likelihood that patients treated with ZYESAMI would be alive and free of respiratory failure at 60 days, compared to those treated with placebo, and identified a significantly shorter median hospital stay.1 The clinical study report filed with FDA further documents statistically significant advantages for ZYESAMI on all major secondary endpoints. Patients enrolled in the study had respiratory failure despite prior treatment with all approved medicines for COVID-19 including remdesivir. Other therapies administered included steroids, anticoagulants, and various monoclonal antibodies. Although antiviral treatment has shown advantages in treating patients with earlier stages of COVID-19. ZYESAM is the first reported medicine to demonstrate increased recovery and survival in patients who have already progressed to respiratory failure. The randomized controlled trial outcomes remain similarly consistent with the open-label, administratively controlled trial reported in October 2020/ The study enrolled one hundred ninety-six participants who were randomized and treated with either ZYESAMI or placebo, in addition to maximal standard of care at 10 US hospitals. . Patients in earlier stages of respiratory failure were more likely to survive and recover than those who had already progressed to ventilation. However, statistically-significant benefits in the prespecified endpoint were demonstrated in both groups. NRx previously requested limited EUA for highly co-morbid COVID-19 patients. FDA further requested randomized, prospective data regarding ZYESAMI, which are represented in this filing. Separately, the National Institutes of Health is conducting a confirmatory trial that randomizes patients with COVID-19 respiratory failure to ZYESAMI vs. Veklury and placebo in a factorial design trial. A second nationwide trial to determine if similar benefits may be achieved in critically ill patients with inhaled ZYESAMI is being conducted on the I-SPY platform, maintained by the Quantum Leap Healthcare Collaborative. The COVID-AIV clinical trial was co-funded by NRx and Relief Therapeutics (RLFTF). The clinical study report has been shared with Relief Therapeutics for transmission to European health regulatory authorities.
LVS...

Hot Stocks

06:25 EDT Macau reports May casino revenue up 492.2% to 10.445B patacas - Macau's gaming bureau reported May gross revenue from games of fortune in the region increased 492.2% year-over-year to 10.445B patacas. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Resorts (MLCO). Reference Link
CLDR KKR

Hot Stocks

06:23 EDT Cloudera confirms deal to be acquired by CD&R, KKR; transaction valued at $5.3B - Cloudera (CLDR) announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice and KKR (KKR) in an all cash transaction valued at approximately $5.3B. The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021. The Board of Directors of Cloudera has unanimously approved the transaction and recommends that the Cloudera shareholders approve the transaction and adopt the merger agreement. Entities related to Icahn Group, collectively holding approximately 18% of the outstanding shares of Cloudera common stock, have entered into a voting agreement pursuant to which they have agreed, among other things, to vote their shares of Cloudera common stock in favor of the transaction. Cloudera shareholders will receive $16.00 in cash per share, representing a 24% premium to the closing price as of May 28, 2021 and a 30% premium to the 30-day volume weighted average share price. Closing of the deal is subject to customary closing conditions, including the approval of Cloudera shareholders and antitrust approval. The agreement includes a 30-day "go-shop" period expiring on July 1, 2021, which allows the Board and its advisors to actively initiate, solicit and consider alternative acquisition proposals from third parties - with an additional 10 days to negotiate a definitive agreement with qualifying parties. The Board will have the right to terminate the merger agreement to enter into a superior proposal subject to the terms and conditions of the merger agreement.
CLDR

Hot Stocks

06:20 EDT Cloudera confirms deal to be acquired by CD&R, KKR; transaction valued at $5.3B
ADOM

Hot Stocks

06:17 EDT Adomani changes name to Envirotech Vehicles - ADOMANI, has officially changed the company name to Envirotech Vehicles. The Company will continue trading under the symbol ADOM and plans to change its ticker symbol at a later date. We have been doing business as Envirotech Vehicles for several months and are pleased to have received approval for this name change which reflects the transformation of our business into a leading-edge electric vehicle technology company utilizing proprietary systems and technology for purpose built electric vehicles. The name Envirotech better reflects our business going forward: Utilizing cutting-edge technology to provide customers with EV solutions that reduce their carbon footprint," said Phillip Oldridge, Envirotech's CEO. "The market opportunity in front of us is massive, and we look forward to fulfilling the growing need for purpose built electric vehicles. We have begun to work with partners to build the new brand, increase our visibility, and expand our marketing and sales efforts around the Envirotech name."
ACN

Hot Stocks

06:16 EDT Accenture enters agreement to acquire Nell'Armonia, terms not disclosed - Accenture has entered into an agreement to acquire Nell'Armonia, a consulting and technology company specialized in enterprise performance management solutions, headquartered in Paris, France. Financial terms of the transaction are not being disclosed.
YUMC

Hot Stocks

06:15 EDT Yum China launches Digital Clasroom Initiative for digiital learning - Yum China Holdings launched its Digital Classroom Initiative, a new CSR program to help students with limited access to online education to learn coding and acquire essential digital skills. Building on a successful pilot introduced in 2019, Yum China has donated RMB5M to fund the Digital Classroom Initiative, providing children in rural areas with access to digital learning opportunities.
TINV

Hot Stocks

06:14 EDT Tiga Acquisition receives not in compliance letter from NYSE - Tiga Acquisition announced that it has received a notice from the NYSE 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 Quarterly Report on Form 10-Q for the quarter ended March 31 with the SEC on or prior to the due date thereof or by the extended filing due date provided by Rule 12b-25. The NYSE informed the Company that, under NYSE rules, the Company will have six months from May 24 to file the Q1 2021 Form 10-Q with the SEC. The Company can regain compliance with the NYSE listing standards at any time prior to that date by filing its Q1 2021 Form 10-Q. The Company has concluded that based on the SEC Staff Statement, its warrants and forward purchase agreement should be classified as liabilities measured at fair value, with subsequent changes in fair value recorded in the Company's Statement of Operations at each reporting period. The notice from the NYSE has no immediate effect on the listing of the Company's securities on NYSE and indicates that the company has until November 24, 2021 to regain compliance. The Company expects to file the Q1 2021 Form 10-Q well ahead of this deadline and regain compliance.
JKS

Hot Stocks

06:13 EDT JinkoSolar's Tiger Pro module receives first IEC TS 62804-1-1:2020 certificate - JinkoSolar announced that its flagship Tiger Pro dual glass module has received the world's first IEC TS 62804-1-1:2020 certificate issued by DEKRA, one of the world's largest independent inspection companies.
JG YJ

Hot Stocks

06:11 EDT Aurora Mobile announces partnership with Yunji - Aurora Mobile (JG) announced that it has entered into a partnership agreement with Zhejiang Jixiang E-Commerce (YJ), or Yunji, to jointly promote intelligent marketing, digital operations and the development of membership-based e-commerce. Yunji is a leading Chinese membership-based social e-commerce platform offering high-quality products at attractive prices across a wide variety of categories including mobile phones and digital products, beauty and personal care, maternal and childcare products, fresh produce and more. On May 3, 2019, Yunji was listed on Nasdaq and became the first Chinese membership-based e-commerce firm to be listed on a U.S. stock exchange.
KBR

Hot Stocks

06:11 EDT KBR receives $91.8M task order from U.S. Air Force - KBR on a new $91.8M task order to provide high-end engineering services to research, analyze and develop solutions for U.S. Air Force aircraft and other system components managed by the 448th Supply Chain Management Wing. The USAF Installation Contracting Center awarded the cost-plus-fixed-fee task order through the DoD Information Analysis Center's Multiple Award Contract, an indefinite delivery, indefinite quantity vehicle for complex, integrated professional projects.
CURO

Hot Stocks

06:09 EDT Curo Group subsidiary's financing platform selected by LFL Group - Flexiti Financial announced that LFL Group, Canada's largest home furnishings retailer, has chosen Flexiti's omni-channel customer financing platform for all of LFL's retail banners. Since 2018, the FlexitiCard has been accepted at The Brick stores while LFL customers and all Flexiti cardholders have been able to apply and buy online at thebrick.com and leons.ca since 2019. Through this 10-year agreement, which commences in July 2021, Flexiti broadens its relationship with LFL, becoming the exclusive provider of point-of-sale financing for LFL's customers, in-store and online at all LFL retail banners, including Leon's, leons.ca, The Brick, thebrick.com, Appliance Canada, The Brick Mattress Store, Midnorthern Appliance, and Furniture.ca. All LFL banners will begin issuing FlexitiCards at more than 300 stores across Canada over the coming months. This relationship represents over $800M in annual LFL customer sales which will be financed by Flexiti. Flexiti is a wholly-owned subsidiary of CURO Group Holdings
V

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06:09 EDT LoginID announces additional investment from Visa - LoginID announced additional investment from Visa on the heels of its $6M seed round from veteran payment and fintech entrepreneurs. The investment amount from Visa is undisclosed. LoginID provides a wide range of APIs and SDKs which give companies the ability to easily integrate FIDO-certified authentication to any website, application or e-commerce, or banking brand in as little as 15 minutes. This level of authentication is usually complicated and time consuming to integrate. Now brands can add the customer authentication rules, meet new compliance regulations and reduce fraud using biometrics.
HITIF

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06:07 EDT High Tide begins sales at two Canna Cabana stores in Alberta - High Tide announced that its Alberta-based Canna Cabana retail stores located at 7400 Macleod Trail SE, Unit #2 in Calgary, and 4806 50 Avenue in Vegreville, have begun selling recreational cannabis products for adult use. These openings bring High Tide's total branded retail locations selling recreational cannabis products and consumption accessories across Canada to 87.
RNG DTEGY

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06:06 EDT RingCentral announces partnership with Deutsche Telekom - RingCentral (RNG) announced a partnership with Deutsche Telekom (DTEGY) to transform business communications for customers of all sizes. With Deutsche Telekom's extensive network presence and RingCentral's deep Unified Communications as a Service and Contact Center as a Service capabilities, the partnership will deliver mobility-centric, flexible, easy to use, and secure cloud communication solutions. This will bring the benefits of next-generation communications and collaboration capabilities to companies of every size. As a first step, the partnership will offer Deutsche Telekom's customers a co-branded version of RingCentral Video as a lead stand-alone video solution, which delivers reliable, secure, open, video meetings and team messaging based on RingCentral's leading Message Video Phone platform. Deutsche Telekom will introduce the new solution to customers in the second half of 2021.
RNG DTEGY

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06:06 EDT RingCentral announces partnership with Deutsche Telekom - RingCentral (RNG) announced a partnership with Deutsche Telekom (DTEGY) to transform business communications for customers of all sizes. With Deutsche Telekom's extensive network presence and RingCentral's deep Unified Communications as a Service and Contact Center as a Service capabilities, the partnership will deliver mobility-centric, flexible, easy to use, and secure cloud communication solutions. This will bring the benefits of next-generation communications and collaboration capabilities to companies of every size. As a first step, the partnership will offer Deutsche Telekom's customers a co-branded version of RingCentral Video as a lead stand-alone video solution, which delivers reliable, secure, open, video meetings and team messaging based on RingCentral's leading Message Video Phone platform. Deutsche Telekom will introduce the new solution to customers in the second half of 2021.
PRSR

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06:05 EDT Prospector Capital receives not in compliance letter from NASDAQ - Prospector Capital announced that it received a notice from the Listing Qualifications Department of the Nasdaq Stock Market indicating that the Company is not in compliance with Nasdaq Listing Rule 5250 as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended March 31 with the SEC on or before May 24, the extended period provided for the filing under Rule 12b-25 of the SEC of 1934, as amended. The notice has no immediate effect on the listing or trading of the Company's units, ordinary shares or warrants on Nasdaq. Nasdaq has informed the Company that, under Nasdaq's listing rules, the Company has 60 calendar days from the date of the initial Nasdaq notification letter, or until July 26 to file the Q1 2021 Form 10-Q with the SEC to regain compliance with Nasdaq's continued listing requirements. If the Company is unable to file the Q1 2021 Form 10-Q with the SEC by July 26 the Company is permitted to submit a plan to regain compliance with Nasdaq's listing rules on or prior to that date. As the Company reported in its Form 12b-25 filed with the SEC on May 18, the Company is currently determining the extent to which the April 12 statement released by the Staff of the SEC relating to the accounting and reporting considerations for warrants issued by special purpose acquisition companies will impact its financial statements as of and for the fiscal quarter ended March 31, 2021, which will be included in the Q1 2021 Form 10-Q. The Company is working diligently to complete the Q1 2021 Form 10-Q and expects to file such report as soon as practicable.
UCL

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06:04 EDT uCloudlink enters partnership with Lions Den Rental Corp. - UCLOUDLINK GROUP has inked a partnership with Lions Den Rental Corp, a global Internet services provider in the United Kingdom. With an expanding footprint in Europe, this agreement supports uCloudlink's ongoing efforts to broaden its business presence across the region and bring high-quality, innovative hyper-connectivity solutions to more users worldwide. Under the agreement, Lions Den will help uCloudlink develop mobile broadband business opportunities in Europe. Lions Den will be responsible for the advertising and promotion of uCloudlink's products and data connectivity services in the U.K., while uCloudlink will support Lions Den with after-sales services for its products.
NOK DDAIF

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06:04 EDT Nokia, Daimler AG sign patent licensing agreement - Daimler (DDAIF) and Nokia (NOK) announced that they have signed a patent licensing agreement. Under the agreement, Nokia licenses mobile telecommunications technology to Daimler and receives payment in return. The parties have agreed to settle all pending litigation between Daimler and Nokia, including the complaint by Daimler against Nokia to the European Commission. The terms of the agreement remain confidential as agreed between the parties.
AKBA OTSKY

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06:03 EDT Akebia, Otsuka announce FDA acceptance for filing of vadadustat NDA - Akebia Therapeutics (AKBA) and its collaborator, Otsuka Pharmaceutical (OTSKY) announced that the U.S. Food and Drug Administration accepted for filing the New Drug Application for vadadustat for the treatment of anemia due to chronic kidney disease in both adult patients on dialysis and adult patients not on dialysis. The FDA has assigned the application standard review and a Prescription Drug User Fee Act target action date of March 29, 2022. The FDA also indicated that they are not currently planning to hold an Advisory Committee meeting to discuss the application. Akebia and Otsuka are collaborating on the development and commercialization of vadadustat in the U.S., Europe, China, Russia, Canada, Australia, the Middle East, and certain other territories. In addition, Otsuka is working with Akebia to prepare a Marketing Authorization Application for vadadustat for submission to the European Medicines Agency expected this year.
NOK

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06:03 EDT Nokia, NetNordic to deliver 5G-ready private LTE network to Equinor - Nokia announced it has collaborated with systems integrator, NetNordic to enter into a frame agreement with Equinor, a producer of oil, gas and wind power, to deliver a private 4G and 5G-ready solution for Equinor's international operations. The industrial-grade private wireless technology will deliver the reliability, capacity, security and low latency needed to support collaboration between teams across Equinor's installations. The eight year frame agreement will include hardware, software, design, radio planning, implementation and support. Under the agreement, the private LTE network will be installed this summer at Dudgeon and Sheringham Shoal windfarms, located in the UK and both operated by Equinor.
BKR

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06:02 EDT Baker Hughes deploys its remote operation technology across Aramco's operations - Baker Hughes announced it has deployed its remote operations digital technology across Aramco's drilling operations, encompassing 200+ sites, the largest deployment of its kind in Baker Hughes' history. Building upon Aramco's existing data management infrastructure and capabilities, this project provides the company with a single solution that covers data aggregation from the edge; real-time, unified data streaming and visualization; data management; software development services; rig-site digital engineers; and monitoring personnel. The project supports Aramco's ongoing efforts to further drive digital opportunities and initiatives and to enhance operating performance and reduce emissions.
AMGN

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05:56 EDT Amgen, Kyowa Kirin to jointly develop, commercialize KHK4083 - Amgen and Kyowa Kirin Co. announced an agreement to jointly develop and commercialize KHK4083, which is Kyowa Kirin's potential first-in-class, Phase 3-ready anti-OX40 fully human monoclonal antibody in development for the treatment of atopic dermatitis, with potential in other autoimmune diseases. In February, Kyowa Kirin announced positive results from a Phase 2 study of KHK4083 in patients with moderate-to-severe atopic dermatitis, which affects nearly 30 million people in major global markets. Under terms of the agreement, Amgen will lead the development, manufacturing, and commercialization for KHK4083 for all markets globally, except Japan, where Kyowa Kirin will retain all rights. Additionally, Kyowa Kirin will co-promote KHK4083 with Amgen in the U.S. and have opt-in rights to co-promote KHK4083 in certain other markets outside the U.S., including in Europe and Asia. Amgen will make a $400M up-front payment to Kyowa Kirin and future contingent milestone payments potentially worth up to an additional $850M, as well as significant royalty payments on future global sales. Kyowa Kirin and Amgen will share global development costs, except in Japan, and U.S. commercialization costs. Amgen will consolidate sales for KHK4083 in all markets globally, except for Japan. Amgen also will leverage unique data from its deCODE Genetics subsidiary to inform the potential use of KHK4083 in indications beyond atopic dermatitis. The closing of the transaction is conditioned on obtaining any necessary consents and approvals.
KKR

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05:53 EDT KKR and TIGA Investments to acquire The Executive Centre - The Executive Centre, KKR and TIGA Investments announced the signing of definitive agreements under which a consortium led by KKR and TIGA Investments will acquire TEC. The Executive Centre is a provider of premium flexible office space solutions in markets including Greater China, North Asia, Southeast Asia, Australia, India, Sri Lanka, and the Middle East. The company has expanded rapidly across Asia Pacific since it was founded in 1994, fueled by steady demand for premium workspace in prime, central locations from its client base of leading MNCs. It now serves more than 32,000 members across over 150 centers in 32 cities and 14 markets, including Greater China, Japan, South Korea, Southeast Asia, Australia, India, Sri Lanka, and the Middle East, with an annual turnover in excess of $237M. The Executive Centre's offerings include high-quality enterprise solutions, premium private offices, coworking and virtual spaces, each equipped with meeting & event facilities, and a broad range of full IT support and corporate concierge services. As part of the transaction, funds advised by HPEF Capital Partners and CVC Capital Partners will exit their investments in the company. Members of TEC's management team will continue to own shares in the company.
JBSAY...

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05:52 EDT Meat producer JBS USA target of 'organized cybersecurity attack' - On Sunday, JBS USA determined that it was the target of an "organized cybersecurity attack, affecting some of the servers supporting its North American and Australian IT systems." The meat producer added in a statement: "The company took immediate action, suspending all affected systems, notifying authorities and activating the company's global network of IT professionals and third-party experts to resolve the situation. The company's backup servers were not affected, and it is actively working with an Incident Response firm to restore its systems as soon as possible. The company is not aware of any evidence at this time that any customer, supplier or employee data has been compromised or misused as a result of the situation. Resolution of the incident will take time, which may delay certain transactions with customers and suppliers." Publicly traded companies in the meat space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN).
KKR

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05:51 EDT KKR invests in EQuest - EQuest Education Group, an educational services provider in Vietnam, and KKR announced that KKR has invested in EQuest. The investment will be used to support EQuest's expansion and advance its mission to provide students in Vietnam with affordable access to world-class education.