Stockwinners Market Radar for June 17, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

IVBXF

Hot Stocks

20:19 EDT Innovent Biologics doses first patient in phase 2 tiral of Taletrectinib - Innovent Biologics announced that the first patient has been dosed in a Phase II basket trial of taletrectinib for solid tumors containing NTRK fusion. In June 2021, Innovent entered an exclusive agreement with AnHeart Therapeutics Co., Ltd., a clinical stage oncology company focused on underserved patients in global markets, under which Innovent obtained exclusive rights to co-develop and commercialize taletrectinib in Greater China.
MED

Hot Stocks

19:47 EDT Medifast CEO sells 13.5K shares of common stock - In a regulatory filing, Medifast disclosed that its CEO Daniel Chard sold 13.5K shares of common stock on June 15th in a total transaction size of $3.76M, reducing his stake by about 11%.
PNTG

Hot Stocks

19:46 EDT Pennant Group CEO sells 70K shares of common stock - In a regulatory filing, Pennant Group disclosed that its CEO Daniel Walker sold 70K shares of common stock on June 15th in a total transaction size of $2.84M, reducing his stake by about 4%.
CAI

Hot Stocks

19:35 EDT CAI International to be acquired by Mitsubishi HC Capital at $56 per share - CAI International announced that it has entered into a definitive agreement to be acquired by Mitsubishi HC Capital Inc. . Under the terms of the merger agreement with MHC, MHC will acquire all of CAI's outstanding and fully diluted common stock in an all-cash transaction for $56.00 per share, which represents a total equity value of approximately $1.1B, consisting of $104M of preferred stock and $986M of common stock equity value, assuming a fully-diluted share count of 17.6 million based on the treasury stock method, and an enterprise value of $2.9B, based on balance sheet information included in the Company's most recent Quarterly Report on Form 10-Q as of March 31, 2021. Chairman David Remington says: "After a review of strategic alternatives by our Board of Directors, we are pleased to reach this agreement with MHC, which we believe is in the long-term best interests of our shareholders. This merger is the culmination of discussions that started in Fall of 2019. During those discussions we have been most impressed by the vision of MHC, a vision shared by Hiromitsu Ogawa, who founded CAI over 30 years ago. Mr. Ogawa built a world class container leasing company by focusing on delivering value to customers and we are pleased that this vision will endure. We believe our shipping line customers and manufacturing partners will most certainly benefit from the scale and financial strength of the merged company."
AMAT

Hot Stocks

19:06 EDT Applied Materials CEO sells 102.9K shares of common stock - In a regulatory filing, Applied Materials disclosed that its CEO Gary Dickerson sold 102.9K shares of common stock on June 15th in a total transaction size of $14.4M, reducing his stake by about 5%.
PDSB

Hot Stocks

19:04 EDT PDS Biotechnology CFO buys 17.6K shares of common stock - In a regulatory filing, PDS Biotechnology disclosed that its CFO Seth Van Voorhees bought 17.6K shares of common stock on June 15th in a total transaction size of $150K.
BMY ESALY

Hot Stocks

18:32 EDT Bristol-Myers, Eisai enter agreement to co-develop, commercialize MORAb-202 - Eisai (ESALY) and Bristol-Myers Squibb (BMY) announced today that the companies have entered into an exclusive global strategic collaboration agreement for the co-development and co-commercialization of MORAb-202, an antibody drug conjugate. MORAb-202 is Eisai's first ADC and combines Eisai's in house developed anti-folate receptor alpha antibody, and Eisai's anticancer agent eribulin, using an enzyme cleavable linker. It is a potential best-in-class FRalpha ADC with a favorable pharmacology profile and demonstrated single agent activity in patients with advanced solid tumors. Eisai is currently investigating MORAb-202 in FRalpha-positive solid tumors (inclusive of endometrial, ovarian, lung and breast cancers) in two studies: a Phase 1 clinical study in Japan and a Phase 1/2 clinical study in the United States. The companies are planning to move into the registrational stage of development for this asset as early as next year. Under the agreement, Eisai and Bristol Myers Squibb will jointly develop and commercialize MORAb-202 in the following collaboration territories: Japan; China; countries in the Asia-Pacific region; the United States; Canada; Europe, including the European Union and the United Kingdom; and Russia. Bristol Myers Squibb will be solely responsible for developing and commercializing the drug in regions outside of the collaboration territories. Eisai will remain responsible for the manufacturing and supply of MORAb-202 globally. Under the financial terms of the agreement, Bristol Myers Squibb will pay $650M U.S. dollars to Eisai including $200M U.S. dollars as payment toward Eisai research and development expenses. Eisai is also entitled to receive up to $2.45B U.S. dollars in potential future development, regulatory, and commercial milestones. The parties will share profits, research and development and commercialization costs in the collaboration territories and Bristol Myers Squibb will pay Eisai a royalty on sales outside of the collaboration territories. Eisai is expected to book sales of MORAb-202 in Japan, China, countries in the Asia-Pacific region, Europe and Russia. Bristol Myers Squibb is expected to book sales of MORAb-202 in the United States and Canada.
AZEK

Hot Stocks

18:24 EDT Azek CEO: We're very bullish about our future - In an interview on CNBC's Mad Money, Jesse Singh said the value proposition Azek offers is a fantastic product with low maintenance. The vast amount of the company's portfolio is not subject to price swings of typical commodities. Azek uses hundreds of recycled materials with its products, he noted. "From an environmental standpoint, we're better because of recycled content." Singh said Azek has dramatically increased its marketing spend and expects the company to grow as consumer awareness of its products builds.
ASAN

Hot Stocks

18:12 EDT Asana CEO buys 320K shares of common stock - In a regulatory filing, Asana disclosed that its CEO Dustin Moskovitz bought 320K shares of common stock on June 15th in a total transaction size of $15.4M, boosting his stake by about 5%.
ASAN

Hot Stocks

18:11 EDT Asana CEO buys 320K shares of common stock - In a regulatory filing, Asana disclosed that its CEO Dustin Moskovitz bought 320K shares of common stock on June 15th in a total transaction size of $15.4M, boosting his stake by about 5%.
ATHA

Hot Stocks

18:02 EDT Athira Pharma CEO Leen Kawas placed on temporary leave pending board review - Athira Pharm "announced that Mark Litton, PhD, MBA, in his capacity as Chief Operating Officer, has assumed day-to-day leadership responsibilities for the company, effective immediately. This follows the Board's determination to place Leen Kawas, PhD, President and CEO of Athira, on temporary leave pending a review of actions stemming from doctoral research Dr. Kawas conducted while at Washington State University. Dr. Kawas will remain on the Board. The Board has formed an independent special committee to undertake this review. The Company does not intend to comment further on this matter until the review has concluded." Shares of Athira Pharma are down 39.7% afterhours at $11.00.
LUB

Hot Stocks

17:39 EDT Luby's signs agreement to sell Fuddruckers franchise to Nicholas Perkins - Luby's has entered into an agreement to sell the Fuddruckers franchise business operations to a newly formed affiliate of Nicholas Perkins. The purchase by the Perkins affiliate, Black Titan Franchise Systems, encompasses the master ownership of the Fuddruckers brand worldwide. The Fuddruckers brand currently has 92 locations operating in the U.S., including 13 locations operated by affiliates of Mr. Perkins. It is currently anticipated the Fuddruckers franchise brand sale transaction could provide Luby's with approximately $18.5M of value, most of which will be derived from the purchaser's issuance of a note to Luby's and assumption of certain liabilities. There can be no assurance that the company will realize or receive the full value of such consideration. This amount is in addition to the value the company will realize from the sale of company owned real estate at a number of Fuddruckers company owned stores. The sale of the Fuddruckers franchise operations is another step in the formal plan of liquidation and dissolution approved by its shareholders on November 17, 2020. The transaction is not subject to a financing contingency. The parties anticipate the transaction will close within the next ninety days. Luby's has now also completed the transfer of operations for all five additional company owned Fuddruckers locations to affiliates of Black Titan Holdings. Luby's is also in advanced discussions to complete a sale/franchise of an additional, 14th, Fuddruckers company owned store to Black Titan, who will continue to run that store as a Fuddruckers franchise. Following all these transactions, Luby's will have five remaining stand-alone company owned Fuddruckers stores operating as well as four combo Fuddruckers operating with Luby's Cafeterias.
MGY

Hot Stocks

17:39 EDT Magnolia Oil & Gas falls over 3% after block sale by top holder EnerVest - Shares of Magnolia Oil & Gas are down 3.7% after hours at $14.36 following a 7.6M share block trade. The shares are being offered by the company's top holder EnerVest, Bloomberg reports.
GVA

Hot Stocks

17:31 EDT Granite awarded $44M project in Reno, NV - Granite announced that it has been awarded the contract for the Oddie Boulevard/Wells Avenue Corridor Project by the Regional Transportation Commission of Washoe County in Reno, Nevada. The project will introduce multi-modal transportation to a 3.2-mile-long corridor from Reno to Sparks. This award is one of several large projects in the Reno area in recent years, and further strengthens Granite's working relationship with the RTC. The approximately $44M project is anticipated to be included in Granite's second quarter backlog.
GLD

Hot Stocks

17:27 EDT SPDR Gold Shares holdings fall from 1,045.78MT to 1,041.99MT - This is the lowest level of holdings since June 8th.
ADBE

Hot Stocks

17:18 EDT Adobe says piloting a return to San Jose office in July - Says Q2 creative cloud performance was strong. Says continued growth of mobile traffic, leading to new customer acquisition of mobile offerings. Says experienced explosive growth in Acrobat web services driven by significant improvements in SEO. Says piloting a return to its San Jose office, starting with a small group of fully vaccinated employees in July.
TGI LMT

Hot Stocks

17:08 EDT Triumph selected by Lockheed to support F-35 sustainment at MCAS Cherry Point - Triumph Group (TGI) announced that its Actuation Products & Services operating company will provide hydraulic utility actuation valves to Lockheed Martin (LMT) to support F-35 fleet readiness at the Marine Corps Air Station Cherry Point. The Clemmons, North Carolina based Triumph facility will provide engineering and material support for the program over the next five years, bolstering the company's efforts to grow defense contract programs. Triumph has provided original equipment and aftermarket HUAV parts for the F-35 program since 2014. The company began working with Lockheed Martin to provide HUAV aftermarket parts for military depot operations last year. The engineering and logistics agreement in support of sustainment efforts at the MCAS Cherry Point will further showcase Triumph's technical capability in high demand depot settings. "We are excited to expand our support of the F-35 program and support MCAS Cherry Point and the U.S. fighters who expect and demand fleet readiness," said Scott Ledbetter, President of Triumph Actuation Product & Services operating company. "Our Clemmons team will provide exceptional service to Lockheed Martin and their Marine Corps customers over the next five years. We look forward to expanding our relationship with Lockheed Martin to support future depot opportunities."
FDBC

Hot Stocks

17:01 EDT Fidelity D & D Bancorp receives all required approvals for Landmark acquisition - Fidelity D & D Bancorp, the parent bank holding company of The Fidelity Deposit and Discount Bank, announced that the shareholders of Landmark Bancorp, Inc. have overwhelmingly approved the previously announced proposed acquisition of Landmark by a subsidiary of Fidelity with over 77% of the issued and outstanding shares of common stock of Landmark voting in favor of the proposed transaction. In addition, Fidelity announced the receipt of all required regulatory approvals or waivers for Fidelity's proposed acquisition of Landmark and its wholly-owned subsidiary, Landmark Community Bank. The Federal Deposit Insurance Corporation has approved the Bank Merger Act application to merge Landmark Community Bank with and into The Fidelity Deposit and Discount Bank. The Pennsylvania Department of Banking and Securities has approved the merger of Landmark with and into a subsidiary of Fidelity and the bank merger. The Federal Reserve Bank of Philadelphia has granted Fidelity a waiver in regard to its merger application requirements. The mergers of Landmark with and into a subsidiary of Fidelity and Landmark Community Bank with and into Fidelity Bank are expected to be completed on July 1, 2021, subject to the satisfaction of customary closing conditions.
BANX

Hot Stocks

16:54 EDT StoneCastle reports NAV $21.92 as of May 31 - StoneCastle Financial announced that the company's estimated and unaudited Net Asset Value as of May 31 was $21.92. The NAV was up 12c from the prior month-end.
GEO

Hot Stocks

16:44 EDT Geo Group CEO buys 166.6K shares of common stock - In a regulatory filing, Geo Group disclosed that its CEO George Zoley bought 166.6K shares of common stock on June 15th in a total transaction size of $1.12M, boosting his stake by about 5%.
ADBE

Hot Stocks

16:43 EDT Adobe sees Q3 digital media segment revenue up 22% - Sees Q3 digital experience segment revenue up 21%. Sees Q3 digital experience subscription revenue up 25%.Sees Q3 tax rate 16%. Says return of summer seasonality is expected. Says pleased with first half performance and expects the momentum to continue, with typical Q4 strength. Guidance and comments taken from Q2 investor presentation slides.
NNBR

Hot Stocks

16:42 EDT NN, Inc. CEO Veltman buys 20K shares of company stock - NN, Inc. CEO Warren Veltman disclosed in a filing that he has purchased 20,000 shares of company stock at $7.05 per share on June 17, for a total transaction value of $141,000.
WPC

Hot Stocks

16:42 EDT W.P. Carey raises quarterly dividend to $1.05 per share - W.P. Carey reported that its board of directors increased its quarterly cash dividend to $1.05 per share, equivalent to an annualized dividend rate of $4.20 per share. The dividend is payable on July 15, 2021 to stockholders of record as of June 30, 2021.
GOOD

Hot Stocks

16:32 EDT Gladstone Commercial acquires industrial facility in Texas for $8.1M - Gladstone Commercial acquired a 25,200 square foot industrial service facility in Baytown, Houston, Texas for $8.125M on June 17.The initial capitalization rate for the acquisition was 5.9%, with an average capitalization rate of 7.1%. The property is 100% leased to Mobile Mini, a wholly-owned subsidiary of a leading storage solutions provider, WillScot Mobile Mini, with 12.7 years of remaining lease term. Situated on 10.2 acres, the facility is located within the Thompson Ten Industrial Park.
CLBK

Hot Stocks

16:32 EDT Columbia Financial to aqcuire Freehold Bank - Columbia Bank and Freehold Bank announced the signing of a definitive merger agreement. Under the terms of the merger agreement, Columbia will acquire Freehold, with Freehold MHC and Freehold Bancorp merging into Columbia Bank, MHC and Columbia Financial, respectively. At the effective time of these mergers, Freehold Bank will convert to a federal savings bank and operate as a wholly-owned subsidiary of Columbia Financial. Freehold Bank is Monmouth County's oldest savings institution, having provided financial services in its local community for more than 167 years, and operates from its main office and one branch office, both of which are located in Freehold, New Jersey. As of March 31, 2021, Freehold Bank had total assets of $299.8M, loans of $155.9M, deposits of $197.2M and equity capital of $39.5M. The transaction, which has been approved by each company's Board of Directors, is subject to satisfaction of customary closing conditions, including receipt of various regulatory approvals, and is expected to close in the fourth quarter of 2021 after all such conditions are met. On a pro forma basis, the transaction is expected to be accretive to Columbia's 2022 net income, but slightly dilutive to 2022 earnings per share by approximately 2% pursuant to the additional shares issued to Columbia Bank, MHC. The transaction is projected to be approximately 3% accretive to fully converted tangible book value.
GERN

Hot Stocks

16:31 EDT Geron says IMbark Phase 2 data published in Journal of Clinical Oncology - Geron Corporation announced the publication of data from the IMbark Phase 2 clinical trial in the Journal of Clinical Oncology in a paper entitled, "Randomized, Single-Blind, Multicenter Phase II Study of Two Doses of Imetelstat in Relapsed or Refractory Myelofibrosis." The publication highlights the clinical benefits observed in the study, including symptom response and overall survival, as well as the evidence of disease-modifying activity from biomarker and bone marrow fibrosis assessments. "We are pleased with the publication of our IMbark Phase 2 data in the high-impact Journal of Clinical Oncology. This highlights the importance of the study data in the advancement of treatment options for MF patients who no longer respond to currently approved JAKi therapies," said Aleksandra Rizo, M.D., Ph.D., Geron's Chief Medical Officer. "Imetelstat is a novel telomerase inhibition approach that may alter the course of the disease in patients with myelofibrosis. We look forward to confirming these results in our ongoing IMpactMF Phase 3 clinical trial in refractory MF." The publication reports efficacy, safety and biomarker results from the IMbark Phase 2 clinical trial and is available online. As stated in the paper, IMbark tested two imetelstat doses and the 9.4 mg/kg dose every three weeks demonstrated clinical benefits in symptom response rate, with an acceptable safety profile for this poor-risk JAKi relapsed/refractory MF patient population. Biomarker and bone marrow assessments suggested selective effects on the malignant clone.
X

Hot Stocks

16:23 EDT U.S. Steel says higher steel selling prices continue to be reflect in contracts - The company states: "The Flat-rolled segment is expected to generate more than double first quarter's EBITDA. Higher steel selling prices continue to be reflected in our adjustable contracts and spot selling prices. Additionally, the absence of seasonal mining headwinds from the first quarter are also expected to contribute to higher EBITDA performance, quarter-over-quarter. The Mini Mill segment is expected to exceed first quarter's already industry leading EAF-based performance. Improved efficiencies from a fully ramped Phase 2 expansion and higher steel selling prices are expected to contribute to record setting EBITDA margins for the segment. Continued strong demand in our European segment and higher steel prices are expected to deliver increased EBITDA performance compared to the first quarter. Higher raw material costs, particularly for iron ore, and increasing costs for emission allowances are expected to be a continued headwind. In Tubular, market conditions are steadily improving. Oil and natural gas rigs are coming back on-line supported by higher oil and natural gas prices. This is starting to move pipe inventory within the supply chain and increase customer demand for new product. We expect near breakeven EBITDA performance in the second quarter aided by increased customer activity, higher selling prices, and improved cost performance as we begin consuming more internally produced rounds from the Fairfield electric arc furnace."
X

Hot Stocks

16:22 EDT U.S. Steel says to redeem $718M in 2025 senior notes - U. S. Steel "notified the trustee that it has elected to fully redeem and pay the approximately $718M aggregate principal amount of its outstanding 6.875% Senior Notes due 2025. Pursuant to the indenture, the Notes will be redeemed with cash on hand at a price equal to 101.719% of the principal amount, plus accrued and unpaid interest to, but excluding, the redemption date of August 15, 2021. Today's announcement is in addition to the aggregate principal debt repayment of approximately $1.5B year to date, excluding the impact of the Big River Steel debt assumed in connection with the acquisition."
X

Hot Stocks

16:19 EDT U.S. Steel CEO says higher steel prices, demand driving EBITDA twice that of Q1 - CEO David Burritt says: "Higher steel prices and strong flat-rolled steel demand coupled with well-run operations are expected to deliver adjusted EBITDA that more than doubles our first quarter performance. Continued strong demand and low steel inventories are empowering today's ongoing market improvements. These market fundamentals are showing no signs of slowing down and have us increasingly confident of another strong year in 2022."
GSM

Hot Stocks

16:19 EDT Department of Commerce imposes 12.27% duties on Malaysian silicon metal imports - Globe Specialty Metals, a subsidiary of Ferroglobe and Mississippi Silicon reported that the U.S. Department of Commerce will impose final duties of 12.27% on all silicon metal imports from Malaysia. The decision closes out a set of investigations requested by GSM and MS last June to stop producers in four countries, including Malaysia, from selling dumped and unfairly subsidized metal imports into the United States with all having resulted in favorable final rulings. On March 24, the U.S. International Trade Commission, or ITC, unanimously determined that imports from Bosnia and Herzegovina, Iceland, and Kazakhstan are a cause of material injury to the U.S. industry. On April 19, Commerce issued final antidumping and countervailing duty orders imposing duties as high as 160% on all imports of silicon metal of Bosnia and Herzegovina, Iceland, and Kazakhstan.
SWBI

Hot Stocks

16:18 EDT Smith & Wesson Brands jumps 4% to $20.70 after Q4 results beat estimates
MEI

Hot Stocks

16:12 EDT Methode Electronics raises dividend 27% to 14c per share - Methode Electronics announced that its board of directors has declared a quarterly dividend of 14c per share to be paid on July 30 to common stockholders of record at the close of business on July 16.The amount represents a 27% increase from the previously declared dividend and is further evidence of the company's commitment to a balanced capital allocation strategy.
SWBI

Hot Stocks

16:10 EDT Smith & Wesson Brands reports Q4 gross margin 45.1% vs. 32.2% last year
HYFM

Hot Stocks

16:09 EDT Hydrofarm to acquire Aurora Innovations for $161M - Hydrofarm announced it has entered into an agreement to acquire Aurora Innovations, Aurora International and Gotham Properties, a Eugene, Oregon-based manufacturer and supplier of organic hydroponic products. Aurora's Roots Organics and Soul soil, grow media and nutrients brands, as well as its Procision perlite and peat moss professional mixes will be added to Hydrofarm's lineup of proprietary branded products. Hydrofarm will fund the closing transaction consideration of $161M using a combination of cash and approximately $26M in newly issued HYFM common stock. The referenced transaction consideration excludes a potential earn out payment estimated at approximately $21M based on achievement of certain performance metrics. Under the terms of the transaction agreement, Aurora will become a wholly-owned indirect subsidiary of Hydrofarm Holdings. Subject to customary closing conditions, the transaction is expected to be completed in July. Founded in 2000, Aurora is a family-owned business with a vertically integrated manufacturing base with three locations across North America. The company is dedicated to ethical and sustainable practices and offers comprehensive plant fertility product lines free from harmful chemical residues and pesticides. Aurora will add to Hydrofarm's growing proprietary brand nutrient and grow media line-ups, including its first organic nutrient and premium soil brands. Hydrofarm will also gain new domestic manufacturing and distribution capabilities on the east and west coasts along with a peat moss harvesting operation in Canada. Hydrofarm expects Aurora to generate approximately $60M in net sales across the full calendar year 2021. The full transaction consideration, including the estimated earnout payment, represents an acquisition value of approximately 9x Aurora's 2021 adjusted EBITDA, excluding synergies but including the net present value of estimated tax benefits resulting from the transaction.
SWBI

Hot Stocks

16:09 EDT Smith & Wesson Brands raises quarterly dividend 60% to 8c per share - This quarter's dividend will be paid to stockholders of record on July 1st with payment to be made on July 6th.
CCL

Hot Stocks

16:09 EDT Carnival's Princess line plans to resume cruising in U.S. in fall - Carnival's Princess Cruises announced its intent to return to service in the U.S. sailing from Los Angeles, San Francisco, and Ft. Lauderdale this fall, following collaboration with government officials, and evolving guidance from the CDC. Starting between September 25 and November 28, 2021, cruises onboard eight Princess MedallionClass ships will take guests to the Caribbean, Panama Canal, Mexico, Hawaii, and the California Coast. Dining, entertainment, and shore excursion details are currently being finalized and will be communicated in the coming weeks. Princess cruises sailing through 2021 are available for guests who have received their final dose of an approved COVID-19 vaccine at least 14 days prior to the beginning of the cruise and have proof of vaccination. Crew vaccinations will be in accordance with CDC guidelines.
ADBE

Hot Stocks

16:08 EDT Adobe jumps 2.8% to $567 after Q2 earnings beat and Q3 guidance
SWBI

Hot Stocks

16:08 EDT Smith & Wesson Brands announces new $50M share repurchase plan - Deana McPherson, Executive Vice President and CFO, commented, "The hard work and dedication of all of our employees, combined with record-breaking demand for our high-quality products drove equally record-breaking financial results for the year, including record revenue, net income, earnings per share, and cash generation. We began our first year as a pure-play firearm company with clear strategic priorities, and we have delivered on our strategy. During fiscal 2021, we invested in our business and our people, we repaid all of our bank debt, we repurchased over 10% of our outstanding common stock, and we began paying our stockholders a quarterly dividend for the first time in company history. Continuing with our capital allocation strategy, I am pleased to announce that our Board has authorized a new $50 million share repurchase program as well as a 60% increase in our quarterly dividend to 8 cents per share. This quarter's dividend will be paid to stockholders of record on July 1st with payment to be made on July 6th."
RMBL

Hot Stocks

16:08 EDT RumbleOn names COO Peter Levy to board of directors - RumbleOn announced Peter Levy, the company's Chief Operating Officer has been appointed to its Board of Directors, effective June 17, 2021. "Peter has been instrumental to the evolution of RumbleOn and we are thrilled to welcome Peter to our Board of Directors," said Marshall Chesrown, RumbleOn's Chairman and Chief Executive Officer. "Not only is he passionate about the powersports industry, but he has a deep understanding of our business and is highly respected by colleagues across both our organization and RideNow's. He has worked alongside Steve, me and our entire executive team since 2017 and is a natural fit to join our Board as we enter the next stage of growth."
ADBE

Hot Stocks

16:08 EDT Adobe reports Q2 Digital Media segment revenue $2.79B, up 25% from last year - Q2 Creative revenue grew to $2.32 billion, representing 24% year-over-year growth. Document Cloud revenue was $469M, representing 30% year-over-year growth. Digital Media Annualized Recurring Revenue ("ARR") increased $518M quarter-over-quarter to $11.21B exiting the quarter. Creative ARR grew to $9.53B and Document Cloud ARR grew to $1.68B.
RMBL

Hot Stocks

16:07 EDT RumbleOn names Beverly Rath interim CFO - RumbleOn announced that Beverly Rath will act as Interim Chief Financial Officer, effective immediately, following the unexpected death of Steven Berrard, RumbleOn's co-founder and CFO on June 7, 2021. Rath will report to Marshall Chesrown, RumbleOn's Chairman and Chief Executive Officer. The Company also announced the promotion of Carlos Ramirez to Assistant Controller. "It gives me great confidence to know such a seasoned financial executive is stepping into the role as our Interim CFO. Beverly has worked alongside Steve for five years, and has been a key part of our finance organization since the beginning," commented Marshall Chesrown, RumbleOn's Chief Executive Officer. "I'm also pleased to announce that Carlos Ramirez was promoted to Assistant Controller. Carlos has been an integral part of the finance team and will support Beverly as we grow our finance operation. I look forward to working closely with the team as we continue to execute on our existing vision, plan and strategy."
FOXA FOX

Hot Stocks

16:07 EDT Fox Corp. announces $2B incremental stock repurchase plan - Fox Corporation announced that its Board of Directors has authorized incremental stock repurchases of up to an additional $2B of the company's Class A common stock and Class B common stock. With this increase, the company's total stock repurchase authorization is now $4B of which more than $1.56B has been completed to date.
PPC

Hot Stocks

16:06 EDT Pilgrim's Pride acquires Kerry Consumer Foods' Meats and Meals business - Pilgrim's Pride announced that it has executed an acquisition agreement to acquire the Meats and Meals business of Kerry Consumer Foods in the United Kingdom and Ireland. Following the Acquisition, Pilgrim's will be a leading food company, with a significant value-added protein and integrated prepared foods business anchored by a portfolio of strong brands. The Acquisition, which was unanimously approved by Pilgrim's Board of Directors, values the acquired businesses at a GBP 680 million or approximately $952 million based on a 1.40 USD/GBP exchange rate as of June 16. enterprise value. The purchase amount represents an 8.5x multiple on implied expected standalone EBITDA for 2021. "We are pleased to have the opportunity to position Pilgrim's as a leading prepared foods and branded products player through the acquisition of Kerry Consumer Foods' Meats and Meals business," said Fabio Sandri, Pilgrim's' Chief Executive Officer. "The transaction enhances our value-added portfolio by adding market-leading brands such as Denny, Richmond and Fridge Raiders, which we expect to deliver a higher and more stable margin profile." "We look forward to welcoming Kerry Consumer Foods' Meats and Meals business' talented management team and other team members, led by Nick Robinson, to the Pilgrim's family, and we look forward to working together to drive growth and deliver value for all of our stakeholders," Sandri continued.
ULCC EADSY

Hot Stocks

16:04 EDT Frontier Group receives first of four Airbus A320neo aircraft - Frontier Airlines (ULCC) has received an Airbus (EADSY) A320neo aircraft from Aircastle. This is the first of four new A320neos that Aircastle will deliver to Frontier in 2021. The four aircraft are part of Frontier's existing orderbook of approximately 150 A320 family aircraft on order with Airbus.
BDSX SEER

Hot Stocks

16:02 EDT Biodesi announces biomarker webinar in partnership with Seer - Biodesix (BDSX) announced in partnership with Seer, Inc. (SEER), a life sciences company commercializing a disruptive new platform for proteomics, a webinar to present the newest trends in proteomics for biomarker discovery and translational research. The webinar entitled "A New Era in Precision Medicine - Uncovering the Depth & Breadth of the Plasma Proteome with Novel Proteomic Technologies" will be presented by Robert Georgantas, III, PhD, Senior Vice President, Research and Translational Science at Biodesix and Daniel Hornburg, PhD, Principal Scientist from Seer.
SPOT

Hot Stocks

16:01 EDT Spotify acquires Podz to 'accelerate podcast discovery' - In a blog post, Spotify said: "At Spotify, we are investing to build and scale the world's best (and most personalized) podcast discovery experience-and we've acquired Podz, a small, talented team of entrepreneurs, engineers, and designers, to help make that experience even better. Spotify has had machine learning experts focused on improving audio discovery for almost a decade, but there is more work to be done. We believe that Podz' technology will complement and accelerate Spotify's focused efforts to drive discovery, deliver listeners the right content at the right time, and accelerate growth of the category worldwide... We plan to integrate Podz' technology into the Spotify experience, and listeners should start seeing elements of that work before the end of the year." Reference Link
JMIA

Hot Stocks

15:23 EDT Jumia Technologies up 4% after recommendation on Reddit's Wallstreetbets - Shares of Jumia Technologies are moving higher after a user in Reddit's Wallstreetbets forum recommended the name. Jumia in afternoon trading is up 4% to $29.58. Reference Link
UBER LYFT

Hot Stocks

15:20 EDT Seattle Uber, Lyft drivers to get help amid union launch of support services - On July 1, Seattle Uber (UBER) and Lyft (LYFT) drivers will become the first gig workers in the nation to benefit from legal protections against unwarranted termination when the City's groundbreaking Deactivation Rights Ordinance is implemented. On the same day, Drivers Union will launch new support services to help drivers appeal unwarranted deactivations, know their rights under the law, and receive additional job supports. These services will be provided under a contract announced by the City of Seattle Office of Labor Standards, following a competitive bidding process...Initially, Drivers Union will offer support services through in-person outreach where drivers congregate and on virtual communication platforms, with plans to open a support center as pandemic restrictions are phased out. Drivers Union support services for Uber/Lyft drivers will include: Consultation and support services todrivers facing deactivation; Direct legal representation to drivers in deactivation arbitration proceedings; Outreach,education, and support todriversabouttheirrights;and Culturally and language-specific services to drivers intheprimarylanguagesthat drivers speak. Reference Link
CATB VRDN

Hot Stocks

13:59 EDT Viridian reports 9.99% stake in Catabasis Pharmaceuticals - Viridian Therapeutics (VRDN) disclosed a 9.99% stake in Catabasis Pharmaceuticals (CATB), which represents over 7.6M shares. The filing with the SEC allows for activism. The stake following Viridian's acquisition of Quellis Biosciences.
NTDOY...

Hot Stocks

13:52 EDT Nintendo led all E3 showcases in peak viewership, says Stream Hatchet - According to gaming-related data firm Stream Hatchet, Nintendo's (NTDOY) E3 presentation had the highest peak viewership across Twitch (AMZN) and YouTube Gaming (GOOG) with 3.1M viewers. Microsoft's (MSFT) Xbox showcase had the second highest peak viewership at 2.3M, followed by Ubisoft (UBSFY) with 1.4M, Square Enix (SQNXF) with 1.3M, and Devolver Digital with 1.1M. Reference Link
BITF...

Hot Stocks

13:52 EDT Bitfarms to commence trading on Nasdaq on June 21 - Bitfarms, a publicly traded Bitcoin mining company that said it is "currently powering approximately 1% of the Bitcoin network with greater than 99% green hydroelectricity," announced that the company has received DTC eligibility for the company's common shares in connection with their listing on the Nasdaq Stock Market. Trading on Nasdaq is expected to begin this coming Monday, June 21, under the symbol "BITF". Bitfarms will retain its listing on the TSX Venture Exchange under the symbol "BITF". "Listing on Nasdaq is an important achievement for Bitfarms and is a significant milestone following multiple years of development and achievement by the Company. We started this company four years ago with a clear belief in the institutional adoption of Bitcoin and Bitcoin mining. This belief has guided us as we worked to build one of the largest Bitcoin mining operations worldwide. When Bitfarms begins trading on the Nasdaq, it will be the largest publicly traded Bitcoin miner in North America using greater than 99% hydroelectric renewable electricity. We are proud to be a leader in the industry in setting the highest standards for ourselves and our mining operations and to be uplisting to one of the most prestigious stock exchanges in the world. Having reached this milestone we are even more excited about where it will take our company next," said Bitfarms' Founder and CEO Emiliano Grodzki.
CNP

Hot Stocks

13:15 EDT CenterPoint Energy applies to IURC to build two natural gas combustion turbines - CenterPoint Energy announced the filing of an application with the Indiana Utility Regulatory Commission, IURC, requesting approval to construct two natural gas combustion turbines to replace portions of its existing coal-fired generation fleet. The filing comes as the next component in CenterPoint Energy's long-term generation transition plan, which seeks to significantly change the way the company generates power and deliver on its commitment to provide a cost-effective, well-balanced energy mix for its 145,000 customers in southwest Indiana. The estimated $323M turbine facility would be constructed at the current site of A.B. Brown power plant in Posey County, Ind. and will provide a combined output of 460 megawatts, sized appropriately to support the anticipated electric generation needed upon the proposed retirement of A.B. Brown units 1 and 2 in late 2023. Construction of the turbines will begin following receipt of approval by the IURC, anticipated in the second half of 2022. The turbines are targeted to be operational in 2024.
VIAV EXFO

Hot Stocks

13:10 EDT Viavi 'ready to engage' with Lamonde, Exfo special committee - Viavi Solutions (VIAV) issued the following statement: "We are extremely disappointed that, without engaging with us, Mr. Lamonde and the EXFO Special Committee quickly rejected our superior proposal to acquire EXFO Inc. (EXFO) for US$7.50 per share, all-cash. We reiterate our Proposal to the EXFO Board, which we continue to believe offers compelling value to EXFO shareholders, including Mr. Lamonde, and is in the best interest of all EXFO stakeholders. VIAVI stands ready to engage with Mr. Lamonde and the EXFO Special Committee in order to reach a definitive agreement to implement a transaction."
ACAC MYPS

Hot Stocks

13:01 EDT Acies Acquisition stockholders approve proposed merger with Playstudios - Acies Acquisition Corp. announced that Acies' shareholders voted to approve its proposed merger with PLAYSTUDIOS, a developer of free-to-play casual mobile and social games. "We are proud to reach this significant milestone in the merger and would like to thank our shareholders for their support throughout the process," said Edward King, Co-CEO of Acies. "We are excited to support PLAYSTUDIOS as they embark on their journey as a publicly listed company. We believe the Company is well-positioned to capitalize on its strategic goals to accelerate growth through continuing to optimize the core portfolio, launch new games, and pursue value accretive acquisitions," added Dan Fetters, Co-CEO of Acies. The parties expect the merger to close as soon as practicable. Following the closing, the Class A common stock and warrants of the combined company, which will be renamed "PLAYSTUDIOS, Inc.," are expected to begin trading on Nasdaq under the ticker symbols, "MYPS" and "MYPSW," respectively. Approximately 97% of the votes cast at the special meeting voted to adopt the merger agreement.
TCNNF...

Hot Stocks

12:33 EDT Connecticut Governor 'looks forward' to signing adult-use cannabis bill - Governor Ned Lamont released a statement regarding final approval in the Connecticut General Assembly of legislation legalizing adult-use cannabis in Connecticut, in which he stated in part: "It's fitting that the bill legalizing the adult use of cannabis and addressing the injustices caused by the war of drugs received final passage today, on the 50-year anniversary of President Nixon declaring the war... The states surrounding us already, or soon will, have legal adult-use markets. By allowing adults to possess cannabis, regulating its sale and content, training police officers in the latest techniques of detecting and preventing impaired driving, and expunging the criminal records of people with certain cannabis crimes, we're not only effectively modernizing our laws and addressing inequities, we're keeping Connecticut economically competitive with our neighboring states. Connecticut residents will benefit from the portion of cannabis revenues that will be dedicated to prevention and recovery services. This measure is comprehensive, protects our children and the most vulnerable in our communities, and will be viewed as a national model for regulating the adult-use cannabis marketplace. I look forward to signing the bill and moving beyond this terrible period of incarceration and injustice." Publicly traded companies in the cannabis space include 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).
PPG

Hot Stocks

12:09 EDT PPG to expand manufacturing capacity in Europe for packaging applications - PPG announced an expansion of its coatings manufacturing capacity in Europe for packaging applications. The investments at sites in The Netherlands and Poland will support growing customer demand in the region for the latest generation of coatings for aluminum and steel cans used in packaging for beverage, food and personal care items, PPG said in a statement. Financial details related to the expansions were not disclosed. The projects include a further expansion of the company's location in Tiel, The Netherlands, which will increase the plant's production capacity for PPG INNOVEL non-BPA internal coatings for beverage cans by 30%. Expected to be completed in the first quarter of 2022, the project follows a 50% expansion completed at the end of 2020. The Tiel plant also will double its production capacity for PPG iSENSE external coatings that are used for the exterior of metal cans for beverage and personal care packaging. That project is expected to be completed by the end of 2021.
DANOY

Hot Stocks

12:05 EDT Danone agrees to sell plant-based nutritional products brand Vega - Danone announced that it has signed an agreement to sell Vega, the Canada and U.S. plant-based nutritional products brand, to funds managed by WM Partners, a U.S.-based private equity investment firm focused on the health and wellness industry. "The sale of Vega is part of Danone's continuous capital allocation optimization and of the strategic review of Danone's portfolio of brands, SKUs and assets announced in October 2020. The closing of the transaction is subject to customary conditions," the company said.
MAT

Hot Stocks

12:02 EDT Mattel confirms launch of first-ever Hot Wheels NFT series - Mattel announced that Mattel Creations, the company's collaboration and direct-to-consumer platform, is further evolving its toys as art collection to include a Non-Fungible Token series from the super-charged Hot Wheels brand. Breaking into this new market allows Mattel to expand across this emerging art space and advance the collector offering starting with three unique NFTs from the Hot Wheels NFT Garage Series, the company said in a statement. The series features three vehicles from "The First Editions" vehicle collection and are available for auction beginning on Tuesday, June 22 for one week. "Connecting to culture is core to Mattel's DNA, and as we continually look to innovate, evolving physical product to digital art through NFTs was an obvious next step for Mattel Creations," said Richard Dickson, President and COO, Mattel. "Mattel Creations is the perfect platform for us to present limited edition collector products that speak to our incredible fan base as well as attract new fans to our vast portfolio of pop culture brands. Toys as art, and art inspired by toys."
NTDOY

Hot Stocks

12:02 EDT Nintendo's 'Pokemon UNITE' coming to Switch July 2021 - The Pokemon Company International and TiMi Studio Group announced that Pokemon's first strategic team battle game, "Pokemon UNITE," will release in July 2021 on Nintendo Switch (NTDOY) systems and in September 2021 on mobile devices. Pokemon UNITE will be free-to-start, with optional in-game purchases available. Cross-platform play between Nintendo Switch and mobile devices is planned, which will allow players on both platforms to battle together. Additionally, players may use their Pokemon Trainer Club account or Nintendo Account on both Nintendo Switch and mobile to easily keep their progress synced between devices. Reference Link
TAL

Hot Stocks

12:00 EDT TAL Education falls -11.7% - TAL Education is down -11.7%, or -$2.79 to $21.18.
WDH

Hot Stocks

12:00 EDT Waterdrop falls -11.7% - Waterdrop is down -11.7%, or -92c to $6.92.
GATO

Hot Stocks

12:00 EDT Gatos Silver falls -13.9% - Gatos Silver is down -13.9%, or -$2.64 to $16.34.
DUST

Hot Stocks

12:00 EDT Direxion Daily Gold Miners Bear 3X ETF rises 9.8% - Direxion Daily Gold Miners Bear 3X ETF is up 9.8%, or $1.62 to $18.17.
ASAN

Hot Stocks

12:00 EDT Asana rises 10.0% - Asana is up 10.0%, or $4.93 to $54.44.
AMC

Hot Stocks

12:00 EDT AMC Entertainment rises 10.3% - AMC Entertainment is up 10.3%, or $5.67 to $60.85.
RIO

Hot Stocks

11:30 EDT Rio Tinto opens new scandium plant in Canada - Rio Tinto has started operations at a new commercial scale demonstration plant to produce scandium oxide at its Rio Tinto Fer et Titane metallurgical complex in Sorel-Tracy, Quebec. The $6M project, in which the Government of Quebec contributed approximately $650,000 through the Quebec Plan for the Development of Critical and Strategic Minerals, was completed on time and on budget, less than six months after the start of construction, Rio Tinto said in a statement.
HEC TALK

Hot Stocks

11:21 EDT Hudson Executive Investment investors approve combination with Talkspace - Hudson Executive Investment Corp. announced that its stockholders approved all the proposals related to the previously announced business combination with Talkspace. At a special meeting of HEIC stockholders held Thursday, approximately 94.51% of the votes cast, representing approximately 74.05% of HEIC's outstanding shares, voted to approve the business combination with Talkspace. The closing of the business combination is anticipated to take place on June 22, 2021, subject to the satisfaction or waiver of certain customary closing conditions. The combined company will be renamed Talkspace Inc., and its common stock and warrants are expected to commence trading on the Nasdaq Stock Market under the ticker symbols, "TALK" and "TALKW," respectively, on June 23, 2021.
ME VGAC

Hot Stocks

11:18 EDT 23andMe up 1% to $11.10 on first day of trading - Shares of 23andMe (ME) began trading today following the company's merger with a special purpose acquisition company sponsored by Virgin Group, VG Acquisition (VGAC). VG changed its name to 23andMe Holding Co. Founded in 2006, 23andMe's mission is to "help people access, understand, and benefit from the human genome.."
VERI

Hot Stocks

11:12 EDT Veritone awarded U.S. patent for AI model orchestration - Veritone announced it has received a new US patent for its Conductor technology that performs dynamic AI model orchestration through the use of a proprietary deep neural network. Veritone has a large funnel of pending patents and Patent No. US 11,017,780 is Veritone's 14th US awarded patent, the company said in a statement.
F

Hot Stocks

11:10 EDT Ford buying charging management and fleet monitoring software maker Electriphi - Ford announced it is acquiring Electriphi, a California-based provider of charging management and fleet monitoring software for electric vehicles. Electriphi's team and services will be integrated into Ford Pro - a new global business within Ford. Ford Pro CEO Ted Cannis said, "With Electriphi's existing advanced technology IP in the Ford Pro electric vehicles and services portfolio, we will enhance the experience for commercial customers and be a single-source solution for fleet-depot charging." The Electriphi acquisition is expected to close this month. Terms are not being disclosed.
LEN LEN.B

Hot Stocks

11:10 EDT Lennar: Targeting spinoff asset base of $5B-$6B
LEN LEN.B

Hot Stocks

11:09 EDT Lennar plans to end 2021 with 10% more communities
LEN LEN.B

Hot Stocks

10:56 EDT Lennar seeing strength in all markets
LEN LEN.B

Hot Stocks

10:52 EDT Lennar will provide an update on spin in next quarter's earnings release
LEN LEN.B

Hot Stocks

10:45 EDT Lennar: Demand continuing to strengthen, housing market strong - Comments taken from Q2 earnings conference call.
MRK

Hot Stocks

10:42 EDT Merck in supply agreement with U.S. for mild Covid treatment - Merck announced it has entered into a procurement agreement with the United States government for molnupiravir. Molnupiravir is currently being evaluated in a Phase 3 clinical trial study, for the treatment of non-hospitalized patients with laboratory-confirmed Covid-19 and at least one risk factor associated with poor disease outcomes. Merck is developing Molnupiravir in collaboration with Ridgeback Biotherapeutics. Through the agreement, if molnupiravir receives Emergency Use Authorization or approval by the Food and Drug Administration, Merck will receive approximately $1.2B to supply approximately 1.7M courses of molnupiravir to the United States government. Merck said it has been investing at risk to support development and scale-up production of molnupiravir and expects to have more than 10M courses of therapy available by the end of 2021. Merck plans to submit applications for emergency use or approval to regulatory bodies outside of the U.S. and is currently in discussions with other countries interested in advance purchase agreements for molnupiravir.
NTRS

Hot Stocks

10:31 EDT Northern Trust surpasses $1T in defined contribution assets under custody - New business from large corporate and public retirement plans has boosted Northern Trust's defined contribution global assets under custody and administration past $1T, the company said in a statement. Northern Trust has more than 140 global DC clients, now with over $1.4T in assets as of March 31, 2021, it said.
EA...

Hot Stocks

10:13 EDT Electronic Arts says Madden NFL 22 launches worldwide August 20 - Electronic Arts (EA) announced EA SPORTS Madden NFL 22, "featuring Tom Brady and Patrick Mahomes on the cover across all editions and Madden NFL Mobile." The company said: "Madden NFL 22 leverages the power of next generation consoles to deliver the raw energy, emotion, and unpredictability of the NFL through brand-new Dynamic Gameday*, which impacts gameplay across every mode. Whether installing a weekly gameplan in Franchise or going head-to-head in Play Now, games in Madden NFL 22 will feel fresh with a deeper level of strategy and storytelling in each match-up and in each stadium. EA SPORTS also gave fans their first look at new Madden NFL 22 gameplay in an exciting reveal trailer released today." Madden NFL 22 launches worldwide August 20 for PlayStation5, Xbox Series X S, PC via Origin and Steam, Xbox One, PlayStation 4, and Google Stadia.
UTME

Hot Stocks

10:11 EDT UTime Limited trading resumes
CHPT

Hot Stocks

10:09 EDT ChargePoint to partner with Mercedes-Benz USA on 'Mercedes me Charge' - ChargePoint (CHPT) along with Mercedes-Benz USA announced "the new benchmark in EV charging in North America, Mercedes me Charge," to be launched with the all-new EQS all-electric luxury sedan and available in all EQ future mobility products from Mercedes-EQ. "This expanded relationship with Mercedes-Benz USA affirms ChargePoint's commitment to ensuring a seamless driver experience to those making the shift to electric," the company stated.
THC...

Hot Stocks

10:05 EDT Supreme Court upholds Affordable Care Act - In an opinion posted to its site, the Supreme Court writes: "The Patient Protection and Affordable Care Act as enacted in 2010 required most Americans to obtain minimum essential health insurance coverage and imposed a monetary penalty upon most individuals who failed to do so. Amendments to the Act in 2017 effectively nullified the penalty by setting its amount to $0. Subsequently, Texas (along with over a dozen States and two individuals) brought suit against federal officials, claiming that without the penalty the Act's minimum essential coverage provision, codified at 26 U. S. C. Section5000A(a), is unconstitutional... Plaintiffs do not have standing to challenge Section5000A(a)'s minimum essential coverage provision because they have not shown a past or future injury fairly traceable to defendants' conduct enforcing the specific statutory provision they attack as unconstitutional." Publicly traded hospital companies include Community Health (CYH), HCA Healthcare (HCA), LifePoint (LPNT), Tenet Healthcare (THC) and Universal Health (UHS). Publicly traded healthcare insurance companies include Anthem (ANTM), CVS Health (CVS), Centene (CNC), Cigna (CI), Health Net (HNT), Humana (HUM), Molina Healthcare (MOH), UnitedHealth (UNH) and WellCare (WCG).
LOCO

Hot Stocks

10:02 EDT El Pollo Loco to test door-to-backyard drone delivery - Starting June 24, El Pollo Loco will become the first national restaurant company to test door-to-backyard drone delivery. The test-and-learn pilot of its drone delivery service is the continuation of the company's digital evolution and focus on customer experience. El Pollo Loco is launching the pilot with Tel Aviv-based drone startup Flytrex, which manufactures and operates automated drones that cruise at 32 mph without traffic or other impediments and use a wire release mechanism to gently lower food orders from 80 feet. The Air Loco drone is also outfitted with a fastened delivery box that keeps orders intact, which means customers will receive hot fire-grilled chicken and fresh L.A. Mex food packed in El Pollo Loco's new Thermo-to-Go packaging, in a fraction of the time it would take for a conventional delivery to arrive. During the pilot, a select number of El Pollo Loco's loyal Loco Rewards members in Southern California will be surprised with one of the first fire-grilled flights, and will have the Air Loco drone gently lower their food order from from high above their home.
TAL

Hot Stocks

10:00 EDT TAL Education falls -6.7% - TAL Education is down -6.7%, or -$1.60 to $22.37.
GOTU

Hot Stocks

10:00 EDT Gaotu Techedu falls -7.1% - Gaotu Techedu is down -7.1%, or -97c to $12.73.
AGQ

Hot Stocks

10:00 EDT ProShares Ultra Silver falls -7.6% - ProShares Ultra Silver is down -7.6%, or -$3.86 to $46.69.
FINV

Hot Stocks

10:00 EDT FinVolution Group rises 5.5% - FinVolution Group is up 5.5%, or 52c to $9.94.
BQ

Hot Stocks

10:00 EDT Boqii rises 9.3% - Boqii is up 9.3%, or 48c to $5.62.
YRD

Hot Stocks

10:00 EDT Yirendai rises 10.2% - Yirendai is up 10.2%, or 59c to $6.38.
AGMH

Hot Stocks

09:58 EDT AGM Group Holdings Inc (Class A Stock) trading resumes
AGMH

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09:53 EDT AGM Group Holdings Inc (Class A Stock) trading halted, volatility trading pause
UTME

Hot Stocks

09:49 EDT UTime Limited trading halted, volatility trading pause
AGQ

Hot Stocks

09:47 EDT ProShares Ultra Silver falls -7.3% - ProShares Ultra Silver is down -7.3%, or -$3.71 to $46.84.
EXK

Hot Stocks

09:47 EDT Endeavour Silver falls -7.9% - Endeavour Silver is down -7.9%, or -57c to $6.62.
XYF

Hot Stocks

09:47 EDT X Financial falls -8.1% - X Financial is down -8.1%, or -78c to $8.82.
LCI

Hot Stocks

09:47 EDT Lannett rises 5.1% - Lannett is up 5.1%, or 25c to $5.06.
DUST

Hot Stocks

09:47 EDT Direxion Daily Gold Miners Bear 3X ETF rises 6.2% - Direxion Daily Gold Miners Bear 3X ETF is up 6.2%, or $1.03 to $17.58.
JDST

Hot Stocks

09:47 EDT Direxion Daily Junior Gold Miners Index Bear 3x Shares rises 6.7% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is up 6.7%, or 59c to $9.34.
MEG

Hot Stocks

09:43 EDT Montrose Environmental acquires Vista Analytical Laboratory, terms undisclosed - Montrose Environmental announced the acquisition of Vista Analytical Laboratory, an environmental laboratory for the testing and analysis of polyfluoroalkyl substances, or PFAS, dioxins and other persistent organic pollutants. Vista's leadership team, including president Martha Maier, will join Montrose, and the business will be integrated into the company's measurement and analysis segment and will operate as part of Enthalpy Analytical, a subsidiary of Montrose. Terms of the transaction were not disclosed. Founded in 1990 and based in El Dorado Hills, California, Vista performs work internationally and across all U.S. states. Vista holds 21 state accreditations and is certified by the California Environmental Laboratory Accreditation Program to perform PFAS analysis for all 31 PFAS compounds currently being monitored in California. Vista's client base is includes many private companies, state and federal agencies, and the federal government, including the Department of Defense.
BROG

Hot Stocks

09:35 EDT Brooge Energy Ltd trading resumes
NNOX

Hot Stocks

09:30 EDT Nano-X Imaging announces FDA 510k submission for first version of Nanox.ARC - NANOX IMAGING announced that the company has submitted a 510k premarket notification application to the U.S. Food and Drug Administration for the first version of its multi-source Nanox.ARC 3-D digital tomosynthesis system. "The 510 submission for the first version of our multi-source Nanox.ARC is an important achievement," stated Ran Poliakine, Chairman and Chief Executive Officer of Nanox. "There exists a significant unmet medical need globally for a more accessible and cost-effective medical imaging solution. If cleared by the FDA, we believe our Nanox.ARC 3-D digital tomosynthesis can address this need." The first version of the multi-source Nanox.ARC will be followed by future Nanox.ARC versions. Nanox.ARC is a 3-D tomosynthesis imaging system that produces scans of a human body part. The system is being designed for easy setup and operation with multiple alternately-switched X-ray tubes arranged around the patient. Nanox received FDA clearance of its single source Nanox Cart X-Ray System in April 2021.
BROG

Hot Stocks

09:30 EDT Brooge Energy Ltd trading halted, volatility trading pause
EXFO

Hot Stocks

09:28 EDT Exfo issues clarification on unsolicited proposal by Viavi Solutions - Exfo isued a statement with the intent to clarify the situation for shareholders and other stakeholders about the unsolicited non-binding proposal made by Viavi Solutions. In a going-private transaction announcement on June 7, and as reiterated on June 16, Lamonde - the Controlling Shareholder - who controls, directly or indirectly, 61.46% of the issued and outstanding shares of Exfo and 93.53% of the voting rights attached to all the issued and outstanding shares of Exfo, indicated to Exfo's Board that he would not consider any alternative change of control transaction. Exfo's Board reviewed and considered the Proposal along with the Special Committee and their advisors. The unambiguous statement by the Controlling Shareholder that he rejects the Proposal led EXFO's Board of Directors to conclude that it will not pursue the Proposal as it is not capable of being completed. Exfo intends to mail a management proxy circular to its shareholders in the coming weeks and to hold a special meeting of shareholders on July 30. In addition, the corporation will furnish to the SEC a current report on Form 6-K regarding the transaction. In connection with the transaction, the corporation will prepare and mail a Schedule 13E-3 Transaction Statement.
DTEA

Hot Stocks

09:23 EDT DavidsTea obtains recognition order from US Bankruptcy Court - DAVIDsTEA announce that it has obtained an order from the United States Bankruptcy Court for the District of Delaware recognizing a sanction order issued yesterday by the Quebec Superior Court, all in connection with DAVIDsTEA's plan of arrangement under the Companies' Creditors Arrangement Act. The Recognition Order was issued under Chapter 15 of the United States Bankruptcy Code. DAVIDsTEA will now fund PricewaterhouseCoopers, the Court-appointed Monitor in the CCAA proceedings, with approximately C $18M for distribution to the creditors of DAVIDsTEA and of DAVIDsTEA Inc., its wholly-owned U.S. subsidiary, in full and final settlement of all claims affected by the Plan of Arrangement. The funding of PwC will complete DAVIDsTEA's legal obligations under the Plan of Arrangement. As previously announced, the Plan of Arrangement was approved on June 11, 2021 by the creditors of DAVIDsTEA and of DAVIDsTEA Inc., respectively.
CATM CVS

Hot Stocks

09:22 EDT Cardtronics expands partnership with CVS, enable ATMS at Long Drug locations - Cardtronics (CATM) announced that CVS Health (CVS) has expanded its partnership agreement with Cardtronics by enabling the Allpoint network of surcharge-free ATMs at 50 Longs Drugs locations across the Hawaiian Islands. "CVS Pharmacy is an important partner for Cardtronics, and we are proud to help serve Longs Drugs customers in Hawaii, in addition to the 7,200+ CVS Pharmacy locations throughout the mainland U.S.," said Carter Hunt, Managing Director of North America for Cardtronics. "Our Allpoint Network of ATMs helps drive consumers to convenient locations like Longs Drugs to satisfy day-to-day cash needs, surcharge-free."
VVPR

Hot Stocks

09:20 EDT VivoPower completes $120M definitive Canadian distribution agreement - VivoPower International announce that the company has signed a definitive agreement with Canadian industrial equipment distributor Acces Industriel Mining for Acces to distribute electric light vehicles in Canada, using e-LV conversion kits from VivoPower's wholly-owned subsidiary Tembo. Under the agreement, Acces intends to purchase 1,675 Tembo e-LV conversion kits between now and December 2026. The company estimates these orders to be worth $120M in total value over the next five-and-a-half years, with a delivery schedule weighted towards the latter part of the Distribution Agreement period. Acces will be responsible for acquiring original vehicles from Toyota, converting the vehicles to ruggedized e-LVs using the Tembo solutions, selling the units to end-customers and providing ongoing servicing and maintenance. The Distribution Agreement follows January's distribution agreement with GB Auto Group and GB Electric Vehicles. The company has announced plans to complete a global Tembo distribution network by the end of this year, and discussions with other distributors are active and ongoing across Europe, Africa, the Middle East, the Americas and Asia.
AMPE

Hot Stocks

09:20 EDT Ampio's Ampion shows pain reduction efficacy in osteoarthritis of the knee - Ampio Pharmaceuticals reported newly integrated data from four earlier clinical trials with consistent inclusion, exclusion, and demographic populations utilizing Ampion for treating osteoarthritis of the knee, or OAK. Data from these 585 patients categorized as severe demonstrates Ampion's "consistent and statistically significant clinical effect in the reduction of pain" compared to saline at two, ten, and twelve-week intervals subsequent to intra-articular injection. Ampio has already secured one pivotal trial that the FDA has agreed it can use to file a Biologics License Application. Top-line results from Ampio's three trials reflected a clinically and statistically significant reduction in pain at weeks ten and twelve following a single injection, compared to saline. The announcement integrates data from severe OAK patients who were enrolled in Ampio's AP-003-C Phase III clinical trial with the previously published results. The pooled data show an even greater statistical significance, with a reduction in pain of 34.3% at two weeks vs. 28.6% for saline, 38.1% at ten weeks vs. 30.4% for saline, and 36% at twelve weeks vs. 25.7% for saline. No drug-related serious adverse events (SAEs) or treatment-related deaths have occurred, and the majority of adverse events were unrelated to treatment.
BA

Hot Stocks

09:19 EDT Boeing, ESG and Lufthansa Technik partner for potential German P-8A support - Boeing announced that it signed agreements with ESG Elektroniksystem- und Logistik-GmbH and Lufthansa Technik that outline joint efforts to explore potential areas of collaboration in systems integration, training, support and sustainment work. The signed memorandum of understanding may lead to more definitive agreements should Germany select the P-8A Poseidon as its next maritime surveillance aircraft. Boeing, ESG and Lufthansa Technik have identified opportunities to collaborate in a number of areas and will explore these in more detail, including training and simulation, cyber security, systems integration, certification, environmental compliance, communications systems, electronic attack and electronic protect systems, aircraft and engine sustainment, component support services, predictive maintenance analysis and logistics services. Dr. Michael Haidinger, president of Boeing Germany, Central & Eastern Europe, Benelux & Nordics. "Our partnership with ESG and Lufthansa Technik is another testimony to who we are and how we operate in Germany. We are shaping meaningful and long-term industry partnerships that impact the local economy."
PCSA OCUP

Hot Stocks

09:18 EDT Processa Pharmaceuticals enters into licensing agreement with Ocuphire Pharma - Processa Pharmaceuticals (PCSA) announced that it has entered into a licensing agreement with Ocuphire Pharma (OCUP) to license in RX-3117. RX-3117 is an oral, anticancer agent with an improved pharmacological profile relative to gemcitabine and other nucleoside analogs. Rx-3117 has a family of patents extending into 2036 as well as U.S. Food and Drug Administration Orphan Designation for the treatment of Pancreatic Cancer. Processa will evaluate the potential benefit of RX-3117 for patients with such cancers as pancreatic or non-small cell lung cancer. Under the terms of the agreement, Processa has an exclusive worldwide license, to develop, manufacture, use, commercialize and sublicense RX-3117. Processa will be developing biomarker assays to identify those patients who will most likely benefit from this targeted therapy. Prior to conducting a pivotal trial, Processa will first conduct a Phase 2b trial in 2022 to assess the correlation of the biomarker measurements with the clinical benefit-risk of RX-3117 in patients with pancreatic cancer or non-small cell lung cancer.
GTEH

Hot Stocks

09:16 EDT GenTech signs agreement to acquire MPB Cookies - GenTech announces the signing of an asset purchase agreement to acquire all of the assets, accounts receivable, and customer relationships related to MPB Cookies. MPB is a protein cookie company that makes gluten-free, high-protein snacks. "We love the product and the branding MPB has established," noted David Lovatt, CEO of GenTech. "They make a great-tasting, satisfying, guilt-free snack that represents a perfect complementary addition to our current product portfolio. We understand this opportunity extremely well and see robust synergies with our existing operations. We have immediate plans to expand distribution of MPB's current products and to broaden and diversify the product base to unlock much greater value."
ROKU

Hot Stocks

09:16 EDT TCL launches Roku TV models in UK - TCL Launches Roku TV Models in the UK. TCL Electronics and Roku announced that they will be launching TCL Roku TV models in the UK. TCL Roku TV models will be available in both HD and 4K UHD resolution, in sizes ranging from 32" to 65", offering consumers a great smart TV experience at home. The TVs will be available online at currys.co.uk. UK consumers can register their interest now at Currys.co.uk and receive a GBP 20 discount voucher code. Both the 4K UHD and HD models support HDR Pro which uses Dynamic Colour Enhancement through 3D LUT technology to deliver vivid colours for all signal types including HDR10, HLG and SDR. Both series also feature Freeview Play and an integrated Freeview tuner, enabling consumers to enjoy live and on-demand TV. The RP620K series offers enhanced picture quality thanks to the 4K UHD resolution and advanced UHD upscaling for entertainment of a lower resolution. For movie and streaming content, the RP620K series supports Dolby Vision, which preserves and delivers entertainment in all its intended glory. Bernie Chen, TCL's UK Country Manager said: "I am thrilled to be launching TCL Roku TVs in the UK. The combination of our affordable premium TVs with Roku's operating system, offers consumers excellent picture quality and ease of use, alongside a huge variety of features and streaming channels. I am confident that this partnership will help us maintain our strong UK sales growth and increase our market share."
AGS

Hot Stocks

09:14 EDT PlayAGS enters Canadian market with Ontario Lottery & Gaming - AGS announced its first launch into the Canadian real money online gaming market with Ontario Lottery & Gaming. Rakin' Bacon! is a game available for play on Ontario Lottery & Gaming's internet gaming site. The company's Golden Wins game is now live and available to play through OLG's internet gaming site . Additional games will launch over the next few months.
AMD...

Hot Stocks

09:10 EDT Google selects 3rd generation AMD EPYC processors to launch Tau VM instance - AMD (AMD) and Google Cloud (GOOG;GOOGL) announced T2D, the first instance in the new family of Tau Virtual Machines powered by 3rd Gen AMD EPYC processors. "The Tau VM family provides customers with a leading combination of performance, price, and easy integration. The T2D instances, using the leadership performance of 3rd Gen AMD EPYC processors, excels at workloads including web servers, containerized microservices, data logging-processing, large scale Java applications and more," the company said. "At Google Cloud, our customers' compute needs are evolving," said Thomas Kurian, CEO of Google Cloud. "By collaborating with AMD, Google Cloud customers can now leverage amazing performance for scale-out applications, with great price-performance, all without compromising x86 compatibility."
CMTL

Hot Stocks

09:09 EDT Comtech gets $5M contract to deploy 911 solution to U.S. government end customer - Comtech Telecommunications announced that Comtech Solacom Technologies a division of Comtech's Commercial Solutions segment, was awarded a Next Generation 911 modernization project for a U.S. Government end customer. Of the total $5M contract value, $3.2M was awarded to Comtech in its fourth fiscal quarter.
TSCO

Hot Stocks

09:09 EDT Tractor Supply begins construction on $70M distribution center in Ohio - Tractor Supply announced it has officially begun construction on its new distribution center in Navarre, Ohio. The facility will create more than 375 new full-time jobs by the end of 2023 and service more than 250 Tractor Supply stores at full capacity. With an initial investment of nearly $70M, construction is currently scheduled to be completed by Fall 2022.
MDCA

Hot Stocks

09:08 EDT MDC Partners partners with Australian media agency This is Flow - MDC Partners has entered into a partnership with Australia-based media agency This is Flow. The partnership with This is Flow aims to unlock the team's media expertise and capabilities in Australia and surrounding areas while giving This is Flow access to MDC Partners' and The Stagwell Group's media planning technologies and tools. This is Flow is a full-service media agency based in Sydney with clients such as TPG Telecom, McVitie's, Coors and 1-800-GOT-JUNK?.
WMT

Hot Stocks

09:08 EDT Walmart announces investment in DroneUp drone delivery provider - John Furner, CEO and President, Walmart U.S., said in a corporate blog post: "In our ongoing effort to get customers the items they want, and fast, we know it will take a well-coordinated network of delivery solutions that span the streets, sidewalks and skies. Some of these solutions are still emerging, but they're already showing encouraging results. Last year, we partnered with DroneUp, a nationwide drone services provider, to launch trial deliveries of at-home COVID-19 self-collection kits. The trial demonstrated we could offer customers delivery in minutes versus hours. Now, after safely completing hundreds of drone deliveries from Walmart stores, we're making an investment in DroneUp to continue our work toward developing a scalable last-mile delivery solution... As a well-respected industry innovator, DroneUp was the first operator to use the FAA 107.39 waiver, an operation that allows for delivery flights to be conducted over people and moving vehicles. DroneUp operates commercially throughout the U.S. and is an authorized government drone services provider for 11 U.S. states serving public sector organizations. Walmart already has a significant part of the infrastructure in place - 4,700 stores stocked with more than 100,000 of the most-purchased items, located within 10 miles of 90% of the U.S. population. This makes us uniquely positioned to execute drone deliveries, which is why our investment in DroneUp won't just apply to the skies but also the ground. In the coming months we'll be beginning our first operation at a store in Bentonville, Arkansas." Reference Link
NFG

Hot Stocks

09:07 EDT National Fuel board increases quarterly dividend 2.2% to 45.5cper share - National Fuel Gas Board of Directors approved a 2.2% increase in the dividend on the company's common stock, raising the quarterly rate from 44.5c per share as approved in June 2020 to 45.5c per share for an annual rate of $1.82 per share. This dividend is payable July 15, 2021, to shareholders of record at the close of business on June 30, 2021. The company has approximately 91.2M shares of common stock outstanding. It has no preferred stock outstanding.
GILD

Hot Stocks

09:06 EDT Kite, Shoreline Biosciences in pact to develop novel allogeneic cell therapies - Kite, a Gilead Company and Shoreline Biosciences, Inc. announced a strategic partnership to develop novel cell therapies across a variety of cancer targets. The collaboration will leverage Shoreline's deep expertise in iPSC differentiation and genetic reprogramming in combination with Kite's extensive cell therapy development, commercialization and manufacturing expertise to develop novel allogeneic candidates for a range of hematologic malignancies. The collaboration will focus initially on chimeric antigen receptor (CAR) NK targets, with Kite having an option to expand the collaboration to include an iPSC CAR Macrophage program for an undisclosed target to be selected post deal execution. This agreement follows Kite's investment in Shoreline's recent Series A financing. "As the leader in cell therapy, we are focused on investing in and delivering on the most promising opportunities to further optimize the therapeutic potential of cell therapy," said Mert Aktar, Vice President of Corporate Development and Strategy at Kite. "We are excited about the potential of Shoreline's next-generation approach to allogeneic development, and how our collaboration can accelerate this research across different leukemias and lymphomas."
SSNC

Hot Stocks

09:06 EDT SS&C will not exercise matching right in Mainstream Group acquisition offer - SS&C Will Not Exercise Matching Right In Respect of Latest Offer to Acquire Mainstream Group SS&C has decided not to exercise its matching rights in connection with a competing offer made by a third party for an acquisition of 100% of the shares and outstanding equity rights in Mainstream Group Holdings pursuant to a scheme of arrangement between SS&C and Mainstream. The most recent bid received by Mainstream was $2.80, a 133% increase to the original bid.
DELL DISH

Hot Stocks

09:04 EDT Dell Technologies, Dish form strategic infrastructure agreement - Dell Technologies (DELL) and DISH Network (DISH) have formed a strategic infrastructure agreement to support DISH's launch of the United States' first cloud-native, Open RAN-based 5G network. The companies are reimagining how 5G RAN networks are built and deployed with an ecosystem of partners, technologies and Dell's open infrastructure foundation. DISH is developing its open, cloud-native 5G network from the ground up. Dell Technologies will provide DISH's edge network infrastructure foundation, powering devices, software and solutions to help customers tap into the connectivity and business opportunities made possible by the combination of 5G and edge computing.
SPX SPY

Hot Stocks

09:03 EDT David Tepper tells CNBC stock market 'is still fine' - Appaloosa Management's David Tepper told CNBC's Scott Wapner that the Federal Reserve did a good job yesterday and that the stock market "is still fine."
SNPS

Hot Stocks

09:03 EDT Synopsys replenishes stock repurchase authorization up to $500M - Synopsys has replenished its existing stock repurchase authorization up to $500M. Synopsys' Board of Directors has periodically replenished the program as funds are spent. The program does not obligate Synopsys to acquire any particular amount of common stock, and the program may be suspended or terminated at any time.
GEVO

Hot Stocks

09:01 EDT Gevo appoints Kimberly Bowron as Chief Human Resources Officer - Gevo announce Kimberly Bowron has joined Gevo as its Chief Human Resources Officer. Bowron has served over 20 years in senior management roles in the chemicals, utilities infrastructure, and IT industries. Most recently, Bowron was the Director of Human Resources at TPC Group and previously the VP of Human Resources at Heath Consultants.
DHR

Hot Stocks

09:01 EDT Danaher to acquire Aldevron for $9.6B - Danaher announced that it has entered into a definitive agreement to acquire privately-held Aldevron, for a cash purchase price of approximately $9.6B. Danaher expects to finance the acquisition using cash on hand and/or proceeds from the issuance of commercial paper. Founded in 1998 by Michael Chambers and John Ballantyne, Aldevron is headquartered in Fargo, North Dakota and employs approximately 600 people. Aldevron manufactures high-quality plasmid DNA, mRNA, and proteins, serving biotechnology and pharmaceutical customers across research, clinical and commercial applications. Aldevron will operate as a standalone operating company and brand within Danaher's Life Sciences segment. The transaction is subject to customary conditions, including receipt of applicable regulatory approvals.
JPM

Hot Stocks

08:57 EDT Nutmeg CEO confirms company to become part of JPMorgan - Nutmeg CEO Neil Alexander said in a statement: "Since the beginning of our journey, Nutmeg has attracted the interest of venture capitalists, institutional investors, international and global leaders in the financial services sector and, two years ago, we welcomed over 2,000 crowdfund investors - all of whom share our vision for the future of investment and wealth management. Today, I'm pleased to announce that the next chapter for the Nutmeg business will begin, as Nutmeg will become part of JPMorgan Chase. With more than 140,000 clients and over GBP3.5B of AUM, Nutmeg will form the bedrock of the bank's retail digital wealth management offering internationally over the long term, complementing the launch of Chase as a digital bank in the UK later this year." Commenting on the acquisition, Sanoke Viswanathan, CEO of International Consumer at JPMorgan Chase, said: "We are building Chase in the UK from scratch using the very latest technology and putting the customer's experience at the heart of our offering, principles that Nutmeg shares with us. We look forward to positioning their award-winning products alongside our own and continuing to support their innovative work in retail wealth management." Reference Link
OMQS

Hot Stocks

08:53 EDT Omniq's AI machine vision solution to be deployed at foreign defense department - OMNIQ announced it has received an order to deploy its Q Shield, AI-based machine vision solution at the headquarters of a foreign government defense department. "This order is a vote of confidence from one of the most demanding authorities in the world, that selected omniQ to deploy Q Shield at the headquarters of its Government Defense Department," said Shai Lustgarten, CEO of OMNIQ. "In this case, Q Shield special features like patented automated identification of a car's color and make and its license plate recognition accuracy were thoroughly tested, including operation under severe environmental conditions and found superior and accurate."
GNSS

Hot Stocks

08:50 EDT Genasys announces Zonehaven launch in Alameda County, California - Genasys announced Alameda as the latest California county to launch the company's Zonehaven emergency evacuation software-as-a-service solutions. This week, Alameda County and Genasys' Zonehaven finalized and released 1,076 evacuations zones for the county's 1.7M residents and initiated a "Know Your Zone" campaign. Under a multi-year contract, Genasys will provide planning, training, and resources to Alameda County first responders, public safety agencies, and cities to manage emergency evacuations and repopulations. "Our Zonehaven SaaS solutions provide essential emergency evacuation planning capabilities and resources that California and Western states need to better safeguard the public during longer, increasingly severe fire seasons, and other disasters," said Richard S. Danforth, Chief Executive Officer of Genasys. "The Zonehaven platform provides access to real-time weather, traffic and fire information, and models traffic and fire spread scenarios to plan and execute evacuations successfully."
NEOG

Hot Stocks

08:48 EDT Neogen's Soleris Direct Yeast and Mold test approved by AOAC - Neogen's Soleris Direct Yeast and Mold test has received the Performance Tested Methods Certification from the AOAC Research Institute's Emergency Response Validation Process for the enumeration of yeasts and molds in dried cannabis flower. This AOAC approval for dried cannabis flower adds to the test's previous AOAC certification for the semi-quantitative determination of yeast and mold in various food products, including nonfat dairy milk, dried fruit, corn flour, cocoa powder, dry pet food, and black pepper. Neogen's Soleris Direct Yeast and Mold test was designed for the rapid detection of yeast and mold in various food, nutraceutical, and personal care/cosmetics products. AOAC International is a global, independent forum for finding appropriate science-based solutions through the development of microbiological and chemical standards.
STZ

Hot Stocks

08:46 EDT Constellation Brands acquires minority stake in Dos Hombres - Constellation Brands announced that it has acquired a minority stake in Dos Hombres, an artesanal and hand-crafted mezcal brand created by Breaking Bad co-stars Aaron Paul and Bryan Cranston. The investment was made through Constellation's venture capital group, and Dos Hombres remains independently owned and will continue to manage, market, and produce its mezcals. Terms of the agreement were not disclosed.
XYN

Hot Stocks

08:45 EDT Xynomic Pharmaceuticals closed short form merger for 'going private' transaction - Xynomic Pharmaceuticals announced that it closed a short form merger with and into Xu-Nuo Pharma, a Delaware corporation and holder of approximately 98% of the outstanding common shares in Xynomic pursuant to an agreement and plan of merger with Parent. Pursuant to the Merger Agreement and subject to the terms and conditions thereof, Xynomic merged with and into Parent, with Parent continuing as the surviving corporation of the merger on June 17, 2021, or the effective time of the Merger. The Merger effects the going private with respect to Xynomic under Delaware General Corporation Law and delists Xynomic from the OTC Pink Marketplace. At the effective time of the Merger, each share of capital stock issued and outstanding of Xynomic immediately prior to the effective date of the Merger will be changed for a right to receive $4.49 per share, without interest; each outstanding option of Xynomic, as of the effective date of the Merger, will be assumed by Parent at the same exercise price with identical terms and conditions; and each outstanding warrant of Xynomic, as of the effective date of the Merger, will be assumed by Parent and automatically convert into a warrant to purchase the same number of shares of common stock of Parent at the same exercise price with identical terms and conditions. Xynomic's board of directors, acting upon the recommendation by a special committee established in the connection with the Merger, approved the Merger Agreement and the transaction contemplated thereunder. Because the Parent owned more than 90% of the outstanding shares of common stock in Xynomic, the shareholders of Xynomic are not entitled to vote their shares of Xynomic's common stock with respect to the Merger, but will be entitled to dissenters' appraisal rights under and in accordance with the Delaware General Corporation Law, or the DGCL.
RIDE

Hot Stocks

08:44 EDT Lordstown clarifies recent executive remarks, has 'no binding purchase orders' - In a regulatory filing, Lordstown Motors stated: "As previously disclosed in our Form 10-K/A for the year ended December 31, 2020, filed with the Securities and Exchange Commission on June 8, 2021, an important aspect of our sales and marketing strategy involves pursuing relationships with specialty upfitting and fleet management companies to incorporate the Endurance into their fleet management programs. Fleet management companies sometimes purchase vehicles and then lease them to their own customers. In other instances, fleet management companies facilitate purchasing or leasing of vehicles by their customers which are generally large fleets... These vehicle purchase agreements generally include a projected buyer order schedule over the 3 to 5 year life of the agreement, and may be terminated by either party at will on 30 days' notice. They do not commit the counterparties to purchase vehicles, but we believe that they provide us with a significant indicator of demand for the Endurance. To clarify recent remarks by company executives at the Automotive Press Association online media event on June 15, although these vehicle purchase agreements provide us with a significant indicator of demand for the Endurance, these agreements do not represent binding purchase orders or other firm purchase commitments. As previously disclosed in our Form 10-K/A for the year ended December 31, 2020, filed with the Securities and Exchange Commission on June 8, 2021, to date, we have engaged in limited marketing activities and we have no binding purchase orders or commitments from customers."
JUPW

Hot Stocks

08:43 EDT Jupiter Wellness licenses patents for Aspartame to treat Contact Dermatitis - Jupiter Wellness announced a licensing agreement for two patents covering the use of Aspartame for the treatment of Contact Dermatitis. The agreement signed with the Oklahoma Medical Research Foundation is for a license to two issued patents, US, 7,288,527 and US 7,816,327 which cover the use of aspartame for the treatment of contact dermatitis. Under the terms of the agreement, Jupiter Wellness has the worldwide exclusive license to utilize the patent rights, know-how and material related to N-L-Alpha-Aspartyl-L-Phenylalanine-1-Methyl Ester in order to make, use, distribute, sublicense and sell licensed products or licensed services. Jupiter Wellness has separately filed an additional patent for the use of a combination of CBD/aspartame for the treatment of a variety of skin conditions including atopic dermatitis, published as US 20210038513.
LIVE

Hot Stocks

08:42 EDT Live Ventures agrees to acquire Salomon Whitney in all-cash transaction - Live Ventures Incorporated announced that it entered into an agreement to acquire Salomon Whitney, a broker-dealer operating under the name SW Financial. Live Ventures agreed to acquire 100% of the membership interests in Salomon Whitney in an all-cash transaction. At the initial closing on June 14, 2021, Live Ventures acquired 24.9% of SW Financial. The acquisition of the remaining interest of SW Financial is subject to approval by the Financial Industry Regulatory Authority and other customary closing conditions. "This acquisition will add a successful financial services provider to our portfolio of companies and provide a 'roll-up' strategy of similarly situated broker-dealers for Live Ventures," said Jon Isaac, Live Ventures' President and CEO. "SW Financial has established a successful track record that we believe is complementary to our other service offerings. In working closely with the management team, including the two principals at Salomon Whitney LLC, Thomas Diamante and Lawrence Zelin, it is apparent that our goals are closely aligned, and we believe the venture will continue to thrive under their leadership. This venture will enable us to focus on driving sustainable, profitable growth while delivering value to our stockholders."
AGEN

Hot Stocks

08:40 EDT Agenus announces FDA acceptance, priority review of balstilimab BLA - Agenus announced that the Food and Drug Administration has accepted Agenus' Biologics License Application, or BLA, for balstilimab, an anti-PD-1 antibody, for the treatment of recurrent or metastatic cervical cancer with disease progression on or after chemotherapy. The FDA has granted Priority Review to this submission, a designation for drugs which, if approved, may provide significant improvements in the safety or effectiveness of the treatment of serious conditions. Under the Prescription Drug User Fee Act, the FDA has set a target action date of December 16, 2021.
CACI

Hot Stocks

08:39 EDT CACI gets $82M contract to support U.S. Army's cyber and ground EW missions - CACI International announced the U.S. Army's C5ISR Center Electronic Warfare Air/Ground Survivability Division has awarded CACI a four-year $82M contract to continue support for the Army's cyber and ground electronic warfare missions. CACI's technicians and engineers will partner with the Army to monitor, analyze and develop complex technology tools and systems to counter evolving threats. CACI experts provide the analysis to help ensure that Army EOD ECM systems provide maximum protection. CACI also supports compatibility testing with new and legacy C5ISR systems to uncover system vulnerability and compatibility issues with other Army EW or tactical communication systems. John Mengucci, CACI President and Chief Executive Officer, said, "Working closely with the Army, CACI is bringing decades of expertise in software enabled tools to help secure critical systems and advance the speed of decision-making across the connected battlefield."
VZ

Hot Stocks

08:39 EDT Verizon awarded $495M contract by DoD to manage research network - The U.S. Department of Defense, or DoD, has selected Verizon Public Sector to deliver a next-generation, high-bandwidth, low-latency, Layer 2 wide area network in support of critical research. Verizon's solution includes switch, router, firewall and Edge Compute capabilities, connecting 200 different Research, Development, Test, and Evaluation laboratories and High Performance Computing locations across the United States and beyond. "Investments across Verizon's enterprise business enable the kind of tailored solutions our team will deliver to the U.S. Department of Defense and the Defense Research and Engineering Network," said Jennifer Chronis, Senior Vice President for Public Sector at Verizon. "Our managed services solutions will create a next-generation user experience for research teams utilizing the DREN platform while also enhancing security across the network."
TPTX

Hot Stocks

08:38 EDT Turning Point Therapeutics granted FDA orphan drug designation for TPX-022 - Turning Point Therapeutics announced that TPX-0022, the company's inhibitor of MET and the associated cancer signaling pathways of SRC and CSF1R, has been granted orphan drug designation by the Food and Drug Administration for the treatment of patients with gastric cancer, including gastroesophageal junction adenocarcinoma. TPX-0022 is a potent inhibitor of the MET tyrosine kinase and has the potential to modulate the tumor microenvironment to augment its therapeutic effect. Initial clinical data presented from the ongoing Phase 1 SHIELD-1 study in October 2020 showed TPX-0022 has been generally well-tolerated and demonstrated clinical activity in patients with MET-amplified gastric cancer.
ACRX

Hot Stocks

08:38 EDT AcelRx reaches agreement with FDA over DSUVIA promotional materials - AcelRx has reached agreement with the FDA with regards to finalizing corrective actions AcelRx has taken or plans to take in response to the FDA warning letter dated February 11 regarding certain DSUVIA promotional materials. The FDA has agreed with AcelRx's proposed plan to update certain promotional materials, including providing a letter to healthcare professionals explaining the corrections to the discontinued promotional materials. AcelRx will also include this DHCP letter on the DSUVIA.com website for a period of eight months. All promotional materials currently in use by AcelRx's commercial team have been updated to address the FDA's concerns. AcelRx expects to receive a close-out letter from the FDA after the DHCP letters have been sent to the identified healthcare professionals and the letter has been posted on the website for eight months.
CTRM

Hot Stocks

08:37 EDT Castor Maritime announces new charter agreement, delivery of M/T Wonder Musica - Castor Maritime announces that the M/V Magic Rainbow, a 2007 built Panamax dry bulk carrier, following completion of its scheduled drydocking, has been fixed on a time charter contract earning a daily gross charter rate of $25,000 commencing today with a term of between 7 to 9 months. The company also announces that on June 15, 2021, it took delivery of the M/T Wonder Musica, the 2004 Korean-built Aframax/LR2 tanker it had agreed to acquire as previously announced on April 30, 2021. The M/T Wonder Musica acquisition was financed in its entirety with cash on hand.
IBM

Hot Stocks

08:37 EDT IBM Digital Health Pass to integrate with CLX Health's TrustAssure platform - IBM and CLX Health announced plans to integrate IBM Digital Health Pass with CLX Health's TrustAssure platform to help provide individuals with a seamless, secure way to locate and schedule a COVID-19 test with a provider and create a verifiable credential to use, if needed, when returning to physical locations, such as an airplane, sports stadium or workplace. CLX TrustAssure is a global network of more than 15,000 labs across more than 82 countries.
ATNM

Hot Stocks

08:36 EDT Actinium Pharmaceuticals' Iomab-B granted patents in EU and Japan - Actinium Pharmaceuticals' intellectual property portfolio around its lead Phase 3 candidate, Iomab-B, has been extended with two international patents. In the EU, Actinium has been issued a patent covering the composition and methods administration of Iomab-B, an Antibody Radiation Conjugate comprised of apamistamab, a CD45 targeting antibody, and the radioisotope iodine-131. The issued patent in the EU is expected to have a useful life through 2036. In addition, Actinium has been granted a patent covering the same composition and methods of administration claims in Japan.
IPA

Hot Stocks

08:36 EDT ImmunoPrecise says antibodies program reduces lung inflammation - ImmunoPrecise Antibodies announced additional results from its in vivo hamster challenge efficacy study of TATX-03a PolyTope Therapy, a four monoclonal antibody cocktail being developed for the potential prevention and treatment of SARS-CoV-2, demonstrating reduced bronchitis and tracheitis inflammation severity. The Company concurrently announced optimization results of TATX-03 cocktail components designed to improve clinical suitability of their PolyTope therapy. Histopathology data of efficacy study in SARS-CoV-2 challenged hamsters: The primary endpoint evaluated in the preclinical study previously announced on February 19, measured viral load as the main indicator of therapeutic efficacy. The recently completed histopathology analyses of the tissues harvested from this same study demonstrate that prophylactic and therapeutic treatment using TATX-03a on SARS-CoV-2 challenged animals also reduced inflammation severity of the main conducting airway tissues compared to study control animals. In addition, only mild inflammation of the trachea was observed in animals treated with TATX-03a post-challenge. "It is very encouraging that, in addition to meeting the study endpoint criteria evaluating the impact of our therapy on viral load, treatment with TATX-03a also reduced bronchitis and tracheitis severity" stated Dr. Ilse Roodink, IPA's Global Program Director for COVID Research. "These observations indicate that the previously reported data of reduced replication-competent viral titers following TATX-03 treatment also translate to decreased disease severity in the hamster challenge model, strengthening the potential of our PolyTope therapy for prevention and treatment of COVID."
CBOE

Hot Stocks

08:36 EDT Cboe Global Markets to launch enhanced block trading service in Canada - Cboe Global Markets announced plans to launch Cboe LIS powered by BIDS in Canada, bringing to the region an enhanced block trading service based on a successful model that it first introduced in Europe with BIDS Trading. Planned for launch on February 1, 2022, the new Canadian offering, which is subject to regulatory approval, will combine industry-leading block trading capabilities from MATCHNow and BIDS to create an enhanced market center for block-sized liquidity for buy-side and sell-side participants. With its expansion into the Canadian market, Cboe will also continue to extend its global equities block trading network to new geographies beyond the U.S. and Europe.
RAVE

Hot Stocks

08:35 EDT Rave Restaurant names Clint Fendley as CFO, effective July 5 - Rave Restaurant Group announced the promotion of RAVE's Vice President of Finance, Clint Fendley, to CFO, effective July 5. Before joining Rave, Fendley worked for 7-Eleven's finance and data analytics teams.
RVVTF

Hot Stocks

08:34 EDT Revive Therapeutics partners with University of Health Sciences Antigua - Revive Therapeutics announce it has entered into an agreement with the University of Health Sciences Antigua to collaborate on utilizing Revive's novel psychedelic-assisted therapies and pioneering the clinical research and development of psychedelics in Antigua and Barbuda. As part of the proposed collaboration, Revive and UHSA aims to accomplish the following activities: Development of a Psychedelic treatment center in Antigua and Barbuda using Revive's novel formulations and delivery forms of psychedelics, including its proprietary psilocybin oral-thin film product to treat mental health and substance abuse disorders; Research on UHSA's campus will exclusively use Revive's intellectual property, developed at the University of Wisconsin-Madison, with the aim to be the foundation for novel psychedelic therapies for research and commercial use in Antigua and Barbuda; Conduct clinical studies to support regulatory drug approvals in the Caribbean and to accelerate U.S. FDA clinical development plans; and Establishment of a Master's in Psychedelic Medicine for Doctor of Medicine students and for those seeking to expand their knowledge of the field of psychedelic medicine.
IMMR

Hot Stocks

08:34 EDT Immersion renews license with Asus for TouchSense - Immersion announced that the company has renewed its license agreement with Asus for the use of TouchSense software and haptics in Asus ROG Phones. With TouchSense software, the Asus ROG Phone series support advanced haptic effects for gaming, creating greater engagement and immersion for its users.
CSCW

Hot Stocks

08:33 EDT Color Star Technology names Basil Wilson as new Chairman and CEO - Color Star Technology announces the appointment of Basil Wilson as the company's new Chairman and CEO. Luke Lu, the former CEO of Color Star, commented: "We are very pleased to have Basil Wilson join us. Currently, the company is building up its research and development team. We will continue to build and launch new AR entertainment products, non-fungible token products, and VR scenes. Basil Wilson's joining will help strengthen Color Star's technology sector and to diversify the company's product development capabilities. I believe he will lead the company to new heights."
BEEM

Hot Stocks

08:33 EDT Hawaiian Utility deploys Beam Global's EV ARC solar-powered EV charging systems - Beam Global announced that a utility in the State of Hawaii deployed two EV ARC solar-powered EV charging systems to charge utility fleet electric vehicles and an ARC Mobility trailer to move them around. Each charging system includes an emergency power panel that can provide power to utility equipment and first responders in the event of extreme weather events, emergencies and grid outages. The State of Hawaii Office of Planning's Statewide Sustainability Program is updating the Hawaii 2050 Sustainability Plan to serve as the state's sustainability and climate strategic action plan, to align with the United Nations Sustainable Development Goals, and to recommend sustainability and climate change actions through 2030.
LOV

Hot Stocks

08:31 EDT Spark Networks names David Clark CFO - Spark Networks appointed David Clark as CFO, effective August 10th. Clark currently serves as CFO for Synchronoss Technologies. Prior to Synchronoss, Clark served as the CFO of The Meet Group, a subsidiary of ParshipMeet Group, a provider of interactive dating solutions. He was the CFO of Nutrisystem from 2007 to 2013.
KAI

Hot Stocks

08:30 EDT Kadant to acquire Joh. Clouth for EUR 78M - Kadant has entered into a definitive agreement to acquire Joh. Clouth and its affiliates for approximately EUR 78M in cash, subject to certain customary adjustments. Clouth is a leading manufacturer of doctor blades and related equipment used in the production of paper, packaging, and tissue. "Our acquisition of Clouth brings together two global market leaders to create an even stronger portfolio of doctor blades used in creping, scraping, cleaning, and coating applications," said Jeffrey Powell, president and chief executive officer of Kadant. "Clouth's first-class management team has built a solid reputation in its core markets and established a formidable presence in Europe, Asia, and North America with 92% of its revenue from parts and consumables. We are delighted to welcome Clouth employees to the Kadant family."
ALL

Hot Stocks

08:30 EDT Allstate announces May 2021 catastrophe losses of $213M pre-tax - The Allstate Corporation announced estimated catastrophe losses for the month of May of $213M pre-tax, or $168M, after-tax. Catastrophe losses for April and May totaled $598M, after-tax. Catastrophe losses in May comprised seven events at an estimated cost of $193M plus unfavorable prior period reserve estimates. Two large hail events, primarily impacting Texas, accounted for approximately 60% of May estimated
VOR

Hot Stocks

08:29 EDT Vor Biopharma to build clinical manufacturing facility in Massachusetts - Vor Biopharma announced that it will build-out an in-house clinical manufacturing facility in Cambridge, Massachusetts to support its development of potentially transformative engineered hematopoietic stem cell and chimeric antigen receptor T-cell therapeutic candidates for patients with hematological malignancies. Vor anticipates that the facility, located in the same premises as Vor's current headquarters, will be operational in 2022. "Vor's novel approach to cancer treatment demands an equally novel approach to cell therapy manufacturing. We are thrilled to construct our own manufacturing facility in our existing location, which will give us end-to-end oversight over drug product for our planned clinical trials and nicely complement our global supply chain," said Sadik Kassim, Ph.D., Chief Technology Officer at Vor. "With this new facility, our manufacturing teams will be seamlessly integrated within our wider organization, a crucial component of our strategy as we begin treating patients living with devastating blood cancers." In addition to leveraging its experienced manufacturing team, Vor plans to hire additional employees over the next few years to support the new in-house manufacturing operations. The planned build-out is consistent with Vor's strategic plan and does not impact cash runway, which Vor believes is still sufficient to fund operations at least into the first quarter of 2023.
CALX

Hot Stocks

08:28 EDT Calix announces surge in net-new subscribers for Mainland Telecom - Calix, announced that Canadian broadband service provider, or BSP, Mainland Telecom has experienced a 66% surge in net-new subscribers in just three months since expanding the availability of its managed Wi-Fi services to residents in the rural municipality of Clare, Nova Scotia, with Revenue Edge. These services, which are delivered via the Wi-Fi 6 certified GigaSpire Blast u6 systems and the optional, intelligent mesh extensions of the GigaSpire BLAST u4m, are helping increase the appeal of the community in the midst of a booming real estate market as a viable option to live and work from remotely.
VWE

Hot Stocks

08:26 EDT Vintage Wine Estates announces new leadership appointments - Vintage Wine Estates announced four leadership appointments to key departments including marketing, sustainability, human resources, and communications. These appointments include: Jessica Kogan, Chief Digital Officer and Chief Marketing Officer; Erica Landin-Lofving, Chief Sustainability Officer; Holly Hawkins, Vice President, Human Resources; and Mary Ann Vangrin, Vice President, Communications and Social Media.
GROW

Hot Stocks

08:23 EDT U.S. Global Investors partners with HANetf - U.S. Global Investors announce its partnership with HANetf to launch Europe's first and only global airlines industry ETF. The U.S. Global Jets UCITS ETF launched today on the London Stock Exchange. This move marks the second time this year that the Company has expanded its product line to international markets, the first case being in April when it launched its airlines ETF on the Mexican Stock Exchange.
ATAX

Hot Stocks

08:21 EDT America First Multifamily board increases quarterly dividend 22% to 11c per BUC - America First Multifamily Investors announced that the Board of Managers of Greystone AF Manager declared a quarterly cash distribution to the Partnership's Beneficial Unit Certificate, or BUC, holders of 11c per BUC. The distribution, payable on July 30, 2021 to BUC holders of record as of the close of trading on June 30, 2021, marks a 22% increase from the previous quarterly distribution of 9c per BUC, which was declared in the first quarter of 2021. The BUCs will trade ex-distribution as of June 29, 2021. Greystone Manager is the general partner of America First Capital Associates Limited Partnership Two, the Partnership's general partner.
ENTX

Hot Stocks

08:18 EDT Entera Bio receives foundational patents for its oral PTH - Entera Bio announced the European Patent Office has granted a patent titled "Methods and Compositions for Oral Administration of Proteins" to Entera. The patent addresses Entera's oral PTH formulations currently in advanced clinical stages for osteoporosis and hypoparathyroidism. "This is a critical patent that covers lead PTH products utilizing Entera's platform technology. This European Union patent, along with a variety of other patents covering oral formulations and target indications, granted and pending, provide Entera with robust protection of its intellectual property. This granted patent comes in addition to numerous issued patents in strategic countries including the USA, China, Japan, Australia, New Zealand and Israel. We are particularly pleased to have successfully completed the nine-month time window in which the patent could have been opposed. Entera has fortified its leadership position in the oral delivery of proteins as we look forward to reporting the full 6 month BMD results from our Phase 2 study, as planned this Q2/2021 and potentially initiating a pivotal Phase 3 study with our oral PTH for the treatment of osteoporosis next year," stated Entera CEO Spiros Jamas. "We continuously strive to strengthen our portfolio with new patents addressing specific applications as well as novel improvements to our platform."
MDGS

Hot Stocks

08:18 EDT Medigus's Charging Robotics assigns first distributor for wireless EV charging - Medigus announced that Charging Robotics, a wholly owned subsidiary of the company, signed a definitive distribution agreement with Automax Motors. The agreement is for an exclusive distribution of its wireless robotic charging pad in Israel and Greece for a period of five years, with an extension option for an additional five years. Automax Motors will market the wireless robotic charging pad for electric vehicles, once fully developed by Charging Robotics, and will be responsible for obtaining all the necessary licenses, permits and approvals for the import, marketing and distribution of such product. As part of the definitive agreement, Automax Motors will pay Charging Robotics a one-time payment of $50,000 for its appointment as an exclusive distributor in Israel and Greece. Additionally, Automax Motors will have a five year option to purchase up to 5% of Charging Robotics' ordinary shares at a $30 million pre-money valuation on a fully diluted basis, upon completion of Charging Robotics' first financing round. Furthermore, Automax Motors will have an additional option, for five years, to purchase ordinary shares of up to 5% of the amount of shares that Charging Robotic will issue in any subsequent round, following the first financing round, at a price per share to be determined in any such round.
KR

Hot Stocks

08:16 EDT Kroger reports Q1 identical sales, without fuel, down 4.1% - Two-year stack increased 14.9%. Digital sales grew 16%; two-year stack grew 108%.
MDLZ

Hot Stocks

08:16 EDT Mondelez's Swedish Fish partners with TerraCycle to launch recycling program - Swedish Fish has partnered with international recycling leader, TerraCycle to offer consumers a free way to recycle their Swedish Fish packaging. "In addition to disposing of the brand's packaging in an environmentally conscious way, every shipment of Swedish Fish packaging waste sent to TerraCycle earns collectors points that can be used for charitable gifts or converted to cash and donated to a non-profit, school or charitable organization of their choice," the company said. "We're excited to start this partnership with TerraCycle for our Swedish Fish brand. As part of Mondelez International, we are on a mission to lead the future of snacking by creating snacks the right way for both people and planet to love. We're continuing to make progress and scale our efforts to deliver meaningful change." says Mondelez International Associate Director Equity Candy, Mili Laddha.
MDLA

Hot Stocks

08:14 EDT Medallia partners with New Metrics to expand operations in the Middle East - Medallia announced a partnership with New Metrics . Under the agreement, New Metrics will resell Medallia software and provide professional services. "Our mission at New Metrics is to create flawless brand experiences for leading organizations across the Middle East," said Mohamad El-Hinnawi, Partner and Practice Leader for Experience Management and Digital Transformation at New Metrics. "We are thrilled to partner with a like-minded leader in customer and employee experience to bring Medallia technology to market across the region."
KR

Hot Stocks

08:14 EDT Correction: Kroger reports Q1 identical sales, without fuel, down 4.1% - Two-year stack increased 14.9%.
MANT

Hot Stocks

08:13 EDT ManTech awarded $61M contract to provide engineering, assistance to DoD IWTSD - ManTech announced that it has been awarded a $61M contract to provide systems engineering and technical assistance services to the Department of Defense, or DoD, Irregular Warfare Technical Support Directorate, IWTSD. The contract is for one year with four one-year options. ManTech will provide technical and analytical services, program management, administrative and operations support to the IWTSD mission of delivering irregular warfare capabilities used by the U.S. operational community, as well as member nations of the North Atlantic Treaty Organization.
KR

Hot Stocks

08:13 EDT Correction: Kroger reports Q1 identical sales, without fuel, down 4.1% - Two-year stack increased 14.9%.
AMRX

Hot Stocks

08:13 EDT Amneal Pharmaceuticals submits Bevacizumab BLA to FDA for review - Amneal Pharmaceuticals announced the FDA has accepted for review the biologics license application, or BLA, for Bevacizumab, pursuant to Section 351(k) pathway of the Public Health Service Act, and with a standard review goal date in the second quarter of 2022 according to the BsUFA.
CNI

Hot Stocks

08:12 EDT Canadian National to invest C$350M in Ontario, C$95M in Manitoba - CN announces plans to invest approximately C$350M in Ontario in 2021 as part of CN's C$3B capital investment plan across its network. In Ontario, CN's investment will focus on technology, capacity, and infrastructure maintenance to enhance safety and the fluidity of its network. CN also announces plans to invest approximately C$95M in Manitoba in 2021 as part of CN's C$3B capital investment plan across its network. In Manitoba, CN's investment will focus on technology, and infrastructure maintenance to enhance safety and the fluidity of its network. "Our consistent and proactive infrastructure investment strategy and the essential work of our employees and supply chain partners are what enable CN to keep the economy moving safely and smoothly year after year. Safety is a core value at CN and we will continue to invest in our track and in technology to support our overall network capacity and provide our customers with safe and reliable service. As we look to the future, we are excited about the opportunity to do even more for our customers, employees, communities and shareholders through our end-to-end, pro-competitive combination with Kansas City Southern, which will connect North America and build the premier railway for the 21st Century."
ALHC

Hot Stocks

08:10 EDT Alignment Healthcare expands, adding two new Nevada counties in 2022 - Medicare Advantage company Alignment Healthcare announced the expansion of its health plans to two new counties in Nevada in 2022, pending regulatory approval. The company currently serves seniors in Clark County, Nevada. With this expansion, Medicare-eligible seniors in both Nye and Washoe counties will also gain access to Alignment's HMO plan options during Medicare's annual enrollment period, which begins Oct. 15, 2021.
VSAT

Hot Stocks

08:10 EDT ViaSat's in-flight connectivity system selected by Flexjet - Viasat and Flexjet, a provider of fractional private jet travel, announced a partnership to install Viasat's in-flight connectivity system on select Flexjet fleets. This partnership will provide Viasat's high-speed Ka-band IFC service on Flexjet's Embraer Praetor 600 super-mid cabin fleet, which serves transatlantic and domestic European routes; additionally, the partnership will provide Viasat's Ku-band IFC service to Flexjet's Bombardier Global and Gulfstream G450 and G650 aircraft with a path to transition these aircraft to Viasat's Ka-band system in the future.
PHAS

Hot Stocks

08:09 EDT PhaseBio enters exclusive bentracimab licensing agreement with Alfasigma - PhaseBio announced that it has entered into an exclusive licensing agreement with Alfasigma, a privately owned specialty pharmaceutical company focused on commercializing medicines in Europe and other markets, for the commercialization of bentracimab. The agreement covers countries in the European Union and European Economic Area, as well as the United Kingdom, Russia, Ukraine and other countries within the Commonwealth of Independent States. Bentracimab is a novel, human monoclonal antibody fragment that in earlier clinical trials has shown immediate and sustained reversal of the antiplatelet effects of Brilinta/Brilique. Under the terms of the license agreement, PhaseBio will receive a $20M upfront payment and will be eligible to receive up to $35M in pre-revenue regulatory milestones and up to $190M in payments contingent upon the achievement of certain sales milestones. PhaseBio will also receive tiered royalties on net sales, with percentages starting in the low double digits and escalating up to the mid-twenties. PhaseBio will be responsible for developing bentracimab and securing approval with the European Medicines Agency, or EMA, and the Medicines and Healthcare Products Regulatory Agency, or MHRA, after which marketing authorization will be assigned to Alfasigma. Alfasigma will be responsible for securing regulatory approval in other territories not covered by EMA or MHRA approvals, and for obtaining and maintaining regulatory approvals necessary to market and sell the product, including pricing approvals and post-marketing commitments.
ONTX

Hot Stocks

08:09 EDT Onconova announce peer-reviewed publication of preclinical data on rigosertib - Onconova Therapeutics announced the publication of a preclinical study in the journal Molecular Cancer. The study, entitled "Novel induction of CD40 expression by tumor cells with RAS/RAF/PI3K pathway inhibition augments response to checkpoint blockade," showed that rigosertib synergistically enhanced the efficacy of ICB in a murine melanoma model via the induction of immune-mediated cancer cell death. Key data and conclusions from the recent publication include: Rigosertib treatment enhanced the activation of anti-cancer immune cells and increased the frequency of these cells in the tumor microenvironment, or TME. Rigosertib treatment reduced the frequency of pro-tumor CD206+ M2-like macrophages in the TME. Rigosertib monotherapy rapidly reduced PI3K signaling with induction of CD40 expression, leading to melanoma cell death and inhibition of tumor growth in vivo due to its ability to promote the tumor infiltration of activated anti-cancer immune cells. Rigosertib's ability to remodel the TME enabled it to synergistically combine with ICB and improve tumor growth inhibition and survival in a mouse model of melanoma that did not respond to ICB alone, or a clinically used combination of ICB plus BRAF and MEK inhibitors. Steven M. Fruchtman, M.D., President and Chief Executive Officer of Onconova, added, "We are very pleased with these recently published results, which will inform the data driven approach guiding our clinical rigosertib investigator-initiated study program... Looking ahead, we plan to continue leveraging our collaborations with leading institutions such as Vanderbilt University as we pursue opportunities for rigosertib while maintaining our primary focus and resources on our lead ON 123300 multi-kinase inhibitor program."
KR

Hot Stocks

08:08 EDT Kroger reports Q1 gross margin 22.6% - Gross margin was 22.6% of sales for the first quarter. The FIFO gross margin rate, excluding fuel, decreased 65 basis points compared to the same period last year. This decrease was primarily related to sales deleverage, higher shrink, continued price investments, and charges related to COVID-19, partially offset by sourcing benefits and growth in Alternative Profits.
MBIO

Hot Stocks

08:07 EDT Mustang Bio awarded Massachusetts Life Sciences Center tax incentive - Mustang Bio announced that it was one of 28 recipients awarded tax incentives from the Massachusetts Life Sciences Center. The $300,000 tax incentive amount that Mustang was awarded is based on a hiring commitment of 20 net new full-time equivalent employees for calendar year 2021 and retaining that headcount level through 2025. The MLSC Tax Incentive Program authorized $19.5M in tax incentives this year for companies engaged in life science research and development, commercialization and manufacturing. The program is designed to incentivize Massachusetts life science companies to create new jobs. "We are honored to be a repeat recipient of a MLSC tax incentive award. It is especially gratifying given the large number of applicants that were vying for limited resources in this year's competitive program," said Manuel Litchman, M.D., President and Chief Executive Officer of Mustang. "This award validates the exciting work underway at Mustang with our gene and CAR T cell therapies, and we are very appreciative of MLSC's support which provides us the opportunity to further advance our programs and create jobs in Massachusetts."
F

Hot Stocks

08:07 EDT Ford announces reservations for new vehicles - Farley will report that reservations have swelled to 190,000 for the reimagined full-size Bronco SUV, which is now in production, 125,000 of which have already been converted to orders; 100,000 for the battery-electric F-150 Lightning pickup; 36,000 for the all-new Maverick compact pickup, just a week after it was introduced to the world; and 20,000 for the all-electric E-Transit commercial van.
FAII

Hot Stocks

08:06 EDT Fortress Value Acquisition Corp. II completes ATI Physical Therapy combination - Fortress Value Acquisition Corp. II has completed its business combination with ATI Physical Therapy, a portfolio company of Advent and a provider of outpatient physical therapy services. The transaction was approved on June 15 by FVAC II's shareholders. Beginning June 17, ATI will operate as "ATI Physical Therapy, Inc.," and ATI's shares of Class A common stock will trade on the NYSE under the symbol "ATIP." In connection with the transaction, ATI paid off the aggregate outstanding indebtedness under the Second Lien Credit Agreement. Pro forma net debt equals $463.5M. With trailing twelve months Adjusted EBITDA of $134.3M as of March 31, 2021, this results in a net debt leverage ratio of 3.5x. ATI owns and operates nearly 900 physical therapy clinics across 24 states. ATI's management team, led by CEO Labeed Diab, CFO Joe Jordan and COO Ray Wahl, will continue to lead the business. Advent will remain ATI's largest stockholder.
BRP

Hot Stocks

08:06 EDT BRP Group announces new collaboration with Nasdaq - BRP Group announced an exclusive collaboration with Nasdaq, to offer tailored D&O Liability Insurance programs and solutions for companies listed on Nasdaq through its subsidiary, AHT Insurance. "We're thrilled about our new collaboration with Nasdaq," says Trevor Baldwin, BRP Group's Chief Executive Officer. "BRP Group and AHT have deep expertise and experience in providing solutions that can meet the needs of the high-growth companies on The Nasdaq Stock Market."
KR

Hot Stocks

08:06 EDT Kroger raises FY21 free cash flow view to $1.8B-$2B from $1.6B-$1.8B
F

Hot Stocks

08:06 EDT Ford sees Q2 adjusted EBIT better than last year, net income worse - Ford said adjusted EBIT for Q2, which ends in two weeks, will surpass its expectations and be significantly better than a year ago. The company provided the insight ahead of president and CEO Jim Farley's participation this afternoon in Deutsche Bank's Global Auto Industry Conference. Farley will tell conference attendees that Ford is seeing improvement in its automotive business since providing full-year operating guidance on April 28, despite continuing uncertainty about supplies of semiconductors. The improvement in automotive is being driven by lower-than-anticipated costs and favorable market factors. Additionally, higher vehicle auction values are benefitting Ford Credit. Net income for Q2 is expected to be substantially lower than a year ago, when results included a $3.5B gain on Ford's investment in Argo AI. At the Deutsche Bank event, Farley will provide an update on progress against the Ford+ plan. "We're providing customers with great value today and there's much more on the way, because we're executing Ford+ from strength - with iconic nameplates and leading positions with retail and commercial customers around the world, and the best financing company in our industry in Ford Credit," said Farley.
LCTX

Hot Stocks

08:06 EDT Lineage in option pact with Amasa for supply of clinical-grade Hystem - Lineage Cell Therapeutics announced it granted an exclusive option to Amasa Therapeutics a privately-held biopharmaceutical company focused on the development of novel cell-based targeted biological therapeutics to treat cancer patients with unmet need, to acquire an exclusive, royalty-bearing license to use Lineage's HyStem technology for the development and commercialization of therapies for local treatment of solid tumors under pre-negotiated terms. Under the option agreement, Amasa will purchase certain amounts of Lineage's existing supply of clinical-grade HyStem biomaterial and has the right to purchase additional amounts in connection with its up to 12-month option to acquire the exclusive license. Lineage will receive an upfront cash payment and, if the option is exercised, would be entitled to additional payments, including event-specific payments, royalties on net sales and sublicense fees and royalties. "Lineage is a clinical-stage cell therapy company supported by a vast intellectual property portfolio. From this portfolio, we continue to find opportunities to unlock value from non-core assets through option and license agreements for assets such as HyStem," stated Brian Culley, Lineage CEO. "Many tissue engineering and regenerative cell-based therapies will require the delivery of therapeutic cells in a matrix or scaffold for accurate anatomical placement, cell retention, and engraftment. This option agreement represents an opportunity to provide Amasa with access to our clinical-grade HyStem material for future development of oncology-related products delivered via HyStem and, alongside a previously announced deal with Advanced BioMatrix, is the second HyStem-related transaction we have entered into."
PLTK

Hot Stocks

08:05 EDT Playtika promotes Erez Rachmil to Chief Technology Officer - Playtika announced the appointment of Erez Rachmil to Chief Technology Officer. Most recently, Rachmil served as Senior Vice President of Research and Development for Playtika's Casual games division. Ira Holtzer previously held this position and will transition to the role of EVP Strategic Technologies, where he will focus on exploring new technology opportunities for Playtika. In his new role as CTO, Rachmil will oversee Playtika's technology roadmap.
KR

Hot Stocks

08:04 EDT Kroger announces new $1B share repurchase program
KR

Hot Stocks

08:04 EDT Kroger reports Q1 identical sales, without fuel, up 4.1%; 2-year stack up 14.9% - Digital sales grew 16%; two-year stack grew 108%.
PNTG

Hot Stocks

08:04 EDT Pennant Group acquires California hospice provider - The Pennant Group announced that it has acquired the assets of First Call Hospice, which provides hospice services in Sacramento, California. The acquisition was effective June 16, 2021. "We are pleased to expand our presence in Northern California through this high quality off-market acquisition," said Danny Walker, Pennant's Chief Executive Officer. "First Call Hospice expands our ability to provide quality care in a strategic market and joins a growing cluster of successful agencies across the state," he added.
KULR

Hot Stocks

07:59 EDT KULR Technology up over 70% after getting DOT permit for lithium cell transport - Shares of KULR Technology are up over 70% in pre-market trading after the company announced receipt of a special permit from the U.S. DoT authorizing the transport of prototype lithium cells and batteries aboard cargo aircrafts.
TLLTF

Hot Stocks

07:48 EDT Tilt Holdings enters exclusive manufacturing, distribution contract with Old Pal - TILT Holdings announced that it has entered into an exclusive agreement to manufacture, package and distribute select products by Old Pal, a Los Angeles-based lifestyle cannabis company. Per the Agreement, TILT's subsidiary, Commonwealth Alternative Care, will bring Old Pal into the company's full-service wholesale manufacturing, packaging and distribution platform in Massachusetts.
GSAH MIR

Hot Stocks

07:47 EDT Mirion to become public through GS Acquisition Holdings Corp II combination - Mirion announced it will become a publicly traded company through a business combination with GS Acquisition Holdings Corp II (GSAH). Larry Kingsley, former CEO of Pall Corporation, will serve as chairman when the transaction closes. Mirion will continue to be led by 20-year industry veteran and company founder, CEO Thomas Logan. The transaction is expected to close in the second half of 2021 and at close Mirion's stock will trade under the ticker symbol (MIR). The transaction, unanimously approved by both boards of directors, is expected to close in the second half of 2021, subject to certain closing conditions, including regulatory approvals, and approval of GSAH's stockholders. At closing, the public company's name will be changed to Mirion Technologies, Inc. Upon closing, Mirion will have an anticipated pro forma enterprise value of approximately $2.6B, or 13.3x the company's estimated CY22 Adjusted EBITDA of approximately $192M. Upon completion, it is expected that, assuming no redemptions by the public stockholders of GSAH, Charterhouse Capital, alongside its co-investors and Mirion management will hold approximately 19% of Mirion. The sponsor will defer 100% of its sponsor shares and such shares will be subject to forfeiture five years after closing if certain targets are not met. In addition to the approximately $750M of cash held in GSAH's trust account, additional investors have committed to participate in the transaction through a $900M private placement. In addition to the $200M anchor PIPE investment, Goldman Sachs has provided an additional $125M equity commitment to be used as a backstop in the event that the minimum cash condition fails to be satisfied. After giving effect to any redemptions by the public stockholders of GSAH, the balance of the approximately $750M in cash held in GSAH's trust account, together with the $900M in private placement proceeds, will be used to pay $1,31B in cash consideration to Mirion stockholders, and to pay transaction expenses and reduce Mirion's existing indebtedness to up to 3x LTM estimated pro forma adjusted EBITDA as of June 30. The remainder of the consideration payable to the stockholders of Mirion will consist of shares of GSAH common stock and Mirion rollover equity. The transaction will be effected pursuant to a business combination agreement entered into by and among GSAH, Mirion, funds advised by Charterhouse Capital Partners and the other parties thereto.
ONEW

Hot Stocks

07:45 EDT OneWater Marine announces special dividend of $1.80 per share - OneWater Marine announced that its Board of Directors approved a special dividend of $1.80 per share to holders of its Class A Common Stock, 1c par value per share. The dividend will be payable on July 19, 2021 to holders of Class A Common Stock of record as of the close of business on June 28, 2021. Additionally, One Water Marine Holdings approved a distribution to its unitholders of record as of the close of business on June 28, 2021, including OneWater, payable in cash in the amount of $1.80 per unit in OneWater on July 19, 2021.
PBA TRP

Hot Stocks

07:42 EDT Pembina Pipeline, TC Energy partner to create carbon transportation solution - Pembina Pipeline (PBA) and TC Energy (TRP) announce their plan to jointly develop a world-scale carbon transportation and sequestration system which, when fully constructed, will be capable of transporting more than 20M tonnes of CO2 annually. "By leveraging existing pipelines and a newly developed sequestration hub, the Alberta Carbon Grid represents the infrastructure platform needed for Alberta-based industries to effectively manage their emissions and contribute positively to Alberta's lower-carbon economy and create sustainable long-term value for Pembina and TC Energy stakeholders," the company said. "Advancing ACG is also an important step in both Pembina's and TC Energy's commitment to reduce greenhouse gas emissions intensity across our businesses while supporting emissions abatement across the industry. Given the shared capabilities in this area, Pembina and TC Energy recognize they must take a leadership role in reducing GHG emissions while proudly supplying the world with affordable and reliable energy," the company added.
PBA TRP

Hot Stocks

07:42 EDT Pembina Pipeline and TC Energy partnering to develop Alberta Carbon Grid - Pembina Pipeline (PBA) and TC Energy (TRP) plan to jointly develop a world-scale carbon transportation and sequestration system which, when fully constructed, will be capable of transporting more than 20 million tons of CO2 annually. By leveraging existing pipelines and a newly developed sequestration hub, the Alberta Carbon Grid aims to represent the infrastructure platform for Alberta-based industries to manage their emissions and contribute to Alberta's lower-carbon economy. Designed to be an open-access system, the ACG will serve as the backbone of Alberta's emerging carbon capture utilization and storage industry, connecting the Fort McMurray region, the Alberta Industrial Heartland, and the Drayton Valley region to key sequestration locations and delivery points across the province, and serving multiple industries.
WPC

Hot Stocks

07:35 EDT W.P. Carey announces industrial investments totaling $137M - W. P. Carey announced three industrial investments totaling $137M and covering approximately two million square feet. The investments comprise five operationally-critical properties net leased to industry-leading tenants, bringing investment volume year-to-date to approximately $900M with a weighted-average lease term of approximately 22 years.
SYBX RHHBY

Hot Stocks

07:34 EDT Synlogic enters research collaboration with Roche - Synlogic (SYBX) announced that it has entered into a research collaboration agreement with Roche (RHHBY) for the discovery of a novel Synthetic Biotic medicine for the treatment of inflammatory bowel disease. Under the terms of the agreement, Synlogic and Roche will collaborate to develop a Synthetic Biotic medicine addressing an undisclosed novel target in IBD. At the conclusion of the research period, Roche will have the exclusive option to enter a licensing and collaboration agreement for further development and commercialization of the program.
TIRX

Hot Stocks

07:33 EDT Tian Ruixiang signs cooperation agreement with Anqing Road Transport - Tian Ruixiang announced that it entered into a comprehensive strategic cooperation agreement with Anqing Road Transport Administrative Center of Anhui Province on June 15. Pursuant to the agreement, the company will provide Anqing Road Transport Administrative Center with professional risk management services. Anqing Road Transport Administrative Center is a public welfare unit at the sub-county level under the Anqing Municipal Transport Bureau, and is responsible for providing guidance and government services to the city's road and transportation industry including but not limited to: production safety, emergency response, environmental protection, energy preservation, national defense transportation, credit system management, administrative supports, and supervision of construction, management, operations, and maintenance of East Gate ferry. There are approximately 824,000 vehicles and 1.24M drivers registered in the Anqing city.
BIIB

Hot Stocks

07:32 EDT Biogen announces first patient dosed in phase 3 clinical study of TOPAZ-1 - Biogen announced that the first patient has been dosed in the global clinical study, TOPAZ-1. The Phase 3 study will evaluate the clinical efficacy and assess the safety of BIIB059, a humanized IgG1 monoclonal antibody targeting blood dendritic cell antigen 2, as compared to placebo, in participants with active systemic lupus erythematosus. TOPAZ-1 is expected to be conducted at approximately 135 sites worldwide and aims to enroll 540 adults with active SLE. TOPAZ-1 is a 52-week, multicenter, randomized double-blind, placebo-controlled Phase 3 study to evaluate the efficacy and safety of BIIB059 compared with placebo. Participants will be randomized to receive subcutaneous treatment with BIIB059 at one of two doses or placebo every four weeks with an additional dose at Week 2, in addition to their existing lupus therapy. The primary objective of TOPAZ-1 is to demonstrate reduction in disease activity as measured with the primary endpoint, proportion of participants who achieve an SLE Responder Index-4 response at Week 52. SRI is a composite index using validated indices to measure global and organ-/system-specific disease activity. Key secondary endpoints will evaluate the effect of BIIB059 on additional efficacy parameters including proportion of patients achieving SRI-4 response at Week 24, oral corticosteroid use, organ-specific disease activity and flare rates. Safety will be evaluated throughout the study duration. The initiation of the TOPAZ-1 study is based on the results from the Phase 2 LILAC study. In LILAC, BIIB059 met its primary endpoint, demonstrating statistically significant reduction of disease activity in patients with SLE. The majority of adverse events in the LILAC study were mild or moderate.
AMLM

Hot Stocks

07:30 EDT American Lithium provides update on its plan of operations for TLC - American Lithium provided an update on recent developments at its Tonopah Lithium Claims Project located close to Tonopah, Nevada, or TLC. Highlights: The Bureau of Land Management, or BLM, has confirmed that American Lithium's Plan of Operations, submitted in January 2021, has been accepted for review and is deemed complete. Biological and Cultural Baseline Surveys prepared by American Lithium, in conjunction with EM Strategies of Reno, conducted in 2020 confirmed that "no species or habitat protected under the Endangered Species Act are present within the Project Area". BLM has confirmed that a standard Environmental Assessment is sufficient for approval of this PO. Approval of PO anticipated within 3 months, enabling next phase of development. Next phase at TLC to include a drill program of up to 95 drill holes to extend, expand and upgrade existing resource and complete up to 5 test pits for metallurgical bulk sampling. Strong alignment with 100-Day Review focused on strengthening Critical Supply Chains, including domestic lithium supply, recently announced by The White House. Simon Clarke, Chief Executive Officer & Director of American Lithium stated, "We are very pleased that the BLM has accepted the Company's Plan of Operations as complete. This is a key step towards the approval of the PO and the launch of the next phase of development and operations at TLC. The proactive and early steps taken by the Company to ensure that no major environmental issues exist at TLC are helping us move the project ahead as quickly as possible and differentiate us positively from several other claystone projects in Nevada." As reported on January 13,, the Company filed an Application for a Plan of Operations for its next phase of development and operations at TLC. This PO increases the surface disturbance allowance to 168 acres in two phases, 84.5 acres in Phase 1, and 78.5 acres in Phase 2, and includes all necessary descriptions of environmental and reclamation planning for the next phase of operations. The BLM has accepted and deemed the PO complete with no significant issues. At this stage of development, and based on the environmental work conducted to date, the BLM has commenced an Environmental Assessment for the TLC Project as opposed to the more arduous Environmental Impact Study.
ULCC PCOM

Hot Stocks

07:26 EDT Home Chef expands partnership with Points, adds Frontier Airlines as partner - Home Chef announced an expansion its it partnership with Frontier Airlines (ULCC) that been enabled by Points (PCOM). Launched today, members of Frontier Airlines' loyalty program, FRONTIER Miles, will earn 700 miles when they make an order with Home Chef. "With a continued focus on adding value and improving the FRONTIER Miles program, Frontier is excited to add Home Chef as a partner that will make earning miles even easier while increasing the value of membership for our customers," said Tommy Langhauser, senior manager of loyalty and co-brand, Frontier Airlines. "Home Chef and Frontier are a natural fit as both appeal to a broad spectrum of consumers and families who seek value in their travel and dining experiences."
ORA

Hot Stocks

07:22 EDT Ormat Technologies signs new product supply agreement in Indonesia - Ormat Technologies announced that it has secured a new contract with Star Energy Geothermal Salak to supply products to extends the Salak geothermal field in Indonesia. The Salak geothermal field is located near Jakarta on the southwest flank of the Gunung Salak volcano and is currently contains geothermal power plant utilizing steam. The new 14 MW Salak geothermal power plant will use air-cooled Ormat Energy Converter and will allow 100% geothermal fluid reinjection which serves both to sustain the reservoir and to produce electrical power with virtually no environmental impact. Ormat is in partnership with local contractor that will provide the EPC services. The supply of the plant is expected to be completed within 12 months from contract start.
APLT

Hot Stocks

07:18 EDT Applied Therapeutics granted fast track designation by FDA for AT-007 - Applied Therapeutics announced that the Food and Drug Administration has granted Fast Track designation to AT-007 for the treatment of Galactosemia, a rare metabolic disease. AT-007 is the company's central nervous system-penetrant Aldose Reductase inhibitor in development for multiple rare metabolic disorders, including Galactosemia, SORD and PMM2-CDG. "Galactosemia is a devastating rare metabolic disease that progressively worsens over time and greatly impacts patient quality of life," said Shoshana Shendelman PhD, Founder and CEO of Applied Therapeutics. "There are currently no drugs approved for Galactosemia, and we believe AT-007 has the potential to be the first drug approved for patients urgently in need of treatment. Fast Track Designation offers several important opportunities to work closely with the FDA through the review and approval process to ensure that AT-007 is available to patients."
ATCX

Hot Stocks

07:17 EDT Atlas Technical Consultants awarded $25M contract with Georgia DOT - Atlas Technical Consultants through its subsidiary Long Engineering was selected for a Statewide contract to provide on-call SUE services by the Georgia Department of Transportation, or Georgia DOT. The newly awarded contract will remain in effect for three years, with the opportunity to extend it for an additional two years. "Locating underground utilities is critical to the design and construction of roadways. Slight adjustments in designs can produce substantial cost savings by reducing utility relocations and project delays. We are excited to continue our long-standing partnership with GDOT and deploying our SUE expertise to support them in predictable delivery of their programs," said Atlas CEO Joe Boyer.
ALF...

Hot Stocks

07:15 EDT ALFI installing 10,000 digital screens in Ubers and Lyft starting in Miami - Alfi (ALFI) announced Miami is the first of 10 major cities for rollout of Alfi tablets in Uber (UBER) ,and Lyft (LYFT) vehicles. The ramp up is now in full swing and going well. Alfi is excited to be partnering with Uber and Lyft drivers to help provide them with an additional revenue opportunity. Juan Carlos, Miami-area Uber driver, states, "This is a great opportunity for all of us rideshare drivers. Alfi not only gives us extra revenue, but it is a great tool for our customers. We can share places to eat, places to shop, and things to do around Miami. I absolutely love my Alfi!"
AKTS

Hot Stocks

07:14 EDT Akoustis announces new WiFi 6E router uses its XBAW filters - Akoustis Technologies announced that its patented XBAW filters are being designed into a new enterprise-class WiFi 6E router platform from a tier-1 WiFi OEM. The new router design will use four 5.5 GHz and four 6.5 GHz XBAW(R) coexistence filters for a tri-band multi-user, multiple-in-multiple-out router. The 5.5 GHz filter module covers the UNII 1-3 spectrum of the WiFi 6E standard, while the 6.5 GHz filter module covers the entire UNII 5-8 spectrum. The Company expects the new router to enter production in early 2022. Dave Aichele, EVP of Business Development of Akoustis, stated, "The momentum in WiFi 6E continues to build for Akoustis given our market-leading performance in BAW filters at high frequency and with wide bandwidth that enable simultaneous radio operation between the full UNII 1-3 bands and UNII 5-8 bands." Aichele continued, "We expect continuing success in WiFi 6E with our 5.5/6.5 GHz and 5.6/6.6 GHz solutions as they offer the greatest flexibility, spectrum use and signal selectivity in a micro-acoustic filter form factor. "
KULR

Hot Stocks

07:14 EDT KULR Technology receives permit to transport prototype lithium cells, batteries - KULR Technology announced it received a special permit from the U.S. Department of Transportation, or DoT, authorizing the transport of prototype lithium cells and batteries aboard cargo aircrafts. Prototype lithium batteries are only authorized to be transported on cargo carrying aircrafts to, from or within the U.S. when approved by DoT. The special permit authorizes the manufacture, mark, sale and use of KULR's specially designed packaging for the transportation of prototype lithium cells and batteries, and prototype lithium cells and batteries contained in or packed with equipment.
FGEN

Hot Stocks

07:12 EDT FibroGen, HiFiBiO announce partnership to advance therapies - FibroGen and HiFiBiO Therapeutics announced a partnership covering three HiFiBiO programs. Under the terms of the agreement, FibroGen will make a $25M upfront payment to HiFiBiO, as well as payments upon option exercise. In addition, HiFiBiO may receive up to a total of an additional $1.1B in future option, clinical, regulatory, and commercial milestone payments across all three programs. HiFiBiO will also be eligible to receive royalties based upon worldwide net sales. FibroGen exclusively licensed all products in the Galectin-9 program and will have sole right to develop them worldwide. The lead product candidate in the Galectin-9 program is expected to enter clinical development in the first quarter of 2023. FibroGen has also obtained exclusive options to license all product candidates in HiFiBiO's CXCR5 and CCR8 programs. Each option may be independently exercised following delivery of program-specific data to be generated by HiFiBiO. If an option is exercised, FibroGen will have the sole right to develop products from that program worldwide. The lead product candidates from the CXCR5 and CCR8 programs are expected to enter clinical development by the middle of 2023.
RIDE

Hot Stocks

07:10 EDT Lordstown Motors appoints of Whitcomb as Vice President - Lordstown Motors has announced senior automotive executive John Whitcomb has joined the company as Vice President, Global Commercial Operations, effective June 21, 2021. Whitcomb will be responsible for driving the company's overall go-to-market strategy ahead of the start of production of the Lordstown Endurance in late-September 2021. In the newly created role, Mr. Whitcomb will develop the strategic business model for Lordstown Motors' sales and service footprint, working alongside the team to establish a national sales network. He will be responsible for developing service and after-sales strategies and processes as the company prepares for production. Additionally, he will be tasked with exploring long term international strategies to determine where and when to expand.
BGNE

Hot Stocks

07:08 EDT BeiGene doses first patient in Anti-TIGIT Antibody Ociperlimab trial for NSLC - BeiGene announced that the first patient was dosed in the global Phase 3 AdvanTIG-302 trial of BeiGene's investigational anti-TIGIT antibody ociperlimab (BGB-A1217) in combination with its anti-PD-1 antibody tislelizumab, for the first-line treatment of patients with locally advanced, unresectable, or metastatic non-small cell lung cancer whose tumors exhibit high PD-L1 expression and do not harbor EGFR-sensitizing mutations or ALK translocations. This marks the initiation of the first Phase 3 clinical trial in the planned global pivotal program for ociperlimab. "Ociperlimab is a potent anti-TIGIT antibody with intact Fc function, which we believe to be critical for the anti-tumor activities of TIGIT antibodies. Ociperlimab is our fourth internally discovered molecule entering the pivotal stage of clinical development, and now one of the most advanced anti-TIGIT antibodies in development globally. We intend to explore the potential use of ociperlimab in additional settings and indications in our late-stage development program," commented Yong Ben, M.D., Chief Medical Officer, Immuno-Oncology, at BeiGene. "We hope that the AdvanTIG-302 trial will support a new and improved chemotherapy-free regimen for a significant portion of first-line patients with NSCLC and potentially other cancer patients with unmet needs."
SGFY

Hot Stocks

07:08 EDT Signify Health enters clinical trial participation agreement with COG - The Children's Oncology Group, or COG, and Signify Health announced a partnership to facilitate clinical trial participation for pediatric patients through in-home clinical services. Through this new collaboration, pediatric patients participating in COG Study AALL1731, a clinical trial for a therapy to treat B-cell acute lymphoblastic leukemia, or B-ALL, now have expanded options to facilitate receipt of experimental treatment at home.
OPK HZNP

Hot Stocks

07:07 EDT Opko Health's EirGen Pharma sells Ireland facility to Horizon Therapeutics - OPKO Health (OPK) announces that its subsidiary, EirGen Pharma has entered into a definitive agreement to sell one of its facilities in Waterford, Ireland to Horizon Therapeutics (HZNP) for $65M in cash less certain assumed and accrued liabilities relating to transferred employees. The facility houses EirGen's sterile-fill-finish business. EirGen's research and development employees who were located at the site will transition to a new facility. OPKO expects the transaction to close in approximately one month, subject to governmental consent in Ireland and customary closing conditions.
MPC

Hot Stocks

07:07 EDT Marathon Petroleum announces final results of tender offer - Marathon Petroleum announced final results of its "modified Dutch auction" tender offer, which expired on June 14. MPC accepted for payment an aggregate of 15,573,364 shares, representing approximately 2.4% of the shares issued and outstanding as of June 11, 2021, at a purchase price of $63.00 per share, for an aggregate purchase price of approximately $981M. Payment for shares purchased will be made in cash, without interest, but subject to applicable withholding taxes.
VKTX

Hot Stocks

07:07 EDT Viking Therapeutics reports results from Phase 1 trial of VK0214 - Viking Therapeutics announced results from the company's Phase 1 single ascending dose and multiple ascending dose clinical trial of VK0214, a novel, orally available small molecule thyroid receptor beta agonist in development for the potential treatment for X-linked adrenoleukodystrophy. In this study, VK0214 demonstrated encouraging safety and tolerability, as well as a predictable pharmacokinetic profile. The company expects to initiate a Phase 1b study of VK0214 in patients with X-ALD in the coming weeks. VK0214 was shown to be safe and well-tolerated at all doses evaluated in this study. No serious adverse events were reported, and no treatment or dose-related trends were observed for vital signs, gastrointestinal effects, cardiovascular measures, or physical examinations. VK0214 demonstrated dose-dependent exposures, no evidence of accumulation following multiple doses, and a half-life consistent with anticipated once-daily dosing regimens. While the study's primary objective was to evaluate safety and tolerability, laboratory assessments included a lipid panel to determine potential pharmacodynamic effects following exposure to VK0214. The results showed that subjects who received VK0214 experienced reductions in low-density lipoprotein cholesterol, triglycerides, and apolipoprotein B following 14 days of treatment at all VK0214 doses. Many of the observed lipid reductions achieved statistical significance, though the study was not powered to demonstrate statistical significance on laboratory assessments.
HZNP OPK

Hot Stocks

07:06 EDT Horizon Therapeutics buys facility in Ireland from Opko Health for $65M - OPKO Health (OPK) announces that its subsidiary, EirGen Pharma has entered into a definitive agreement to sell one of its facilities in Waterford, Ireland to Horizon Therapeutics plc HZNP) for $65 million in cash less certain assumed and accrued liabilities relating to transferred employees. The facility houses EirGen's sterile-fill-finish business. EirGen's research and development employees who were located at the site will transition to a new facility. "This facility in Ireland is no longer a core component of our ongoing operations and business strategy, and its sale allows us to focus EirGen's business on oral solid dose products. We are pleased to monetize the asset, which provides a meaningful return on our invested capital," said Phillip Frost, M.D., Chairman and Chief Executive Officer of OPKO. "The transaction with Horizon Therapeutics strengthens our balance sheet while reducing expenses and improving efficiency." OPKO expects the transaction to close in approximately one month, subject to governmental consent in Ireland and customary closing conditions.
AAON

Hot Stocks

07:06 EDT Aaon announces price increase of 5% on all AAON HVAC equipment - AAON announced a price increase of 5% on all AAON HVAC equipment. This price increase is a result of inflationary pressures. The price increase is effective September 1, 2021.
FSR MGA

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07:05 EDT Fisker, Magna enter long-term manufacturing agreement - Fisker (FSR) announced it signed a binding agreement supporting manufacturing with Magna (MGA). Along with the previously signed agreements on electric vehicle, or EV, platform sharing and ADAS package,the agreement finalizes the framework established between the two companies beginning in October 2020. Fisker and Magna also confirmed that production of the all-electric Fisker Ocean SUV is projected to start on November 17, 2022, at Magna's manufacturing facility in Graz, Austria, where they have produced more than 3.7M vehicles for several global automakers. This agreement covers planned volumes, manufacturing costs and quality metrics over the program's lifecycle through 2029. It covers all stages, including the planning and launch phases. This agreement underpins all facility investments, including bodyshop, a clear path to start-of-production in November 2022 and rapid ramp-up to full run-rate production.
BRC

Hot Stocks

07:04 EDT Brady acquires The Code Corporation for $173M - Brady announced that it has acquired The Code Corporation for approximately $173M. Brady will fund the transaction with cash on hand as well as with borrowings on its existing revolving line of credit. Code has forecasted sales of approximately $50M for Brady's first full fiscal year of ownership, which is for the year ending July 31, 2022. Brady anticipates EBITDA from Code of approximately $10M for the first full fiscal year ending July 31, 2022, inclusive of integration-related costs. "Code is a highly-regarded brand for its offering of durable high-performance barcode scanners," said Brady's President and CEO, J. Michael Nauman. "The addition of Code's high-quality complementary product offering to Brady's already existing leadership position in niche application industrial printers and materials will accelerate Brady's expansion in the industrial track-and-trace market. Once integrated, our complete service offering in these faster growing end markets should accelerate Brady's overall growth profile. We also intend to increase investments in research and development and increase Code's addressable market through Brady's global footprint throughout Europe, Asia and the Americas."
USAP

Hot Stocks

07:02 EDT Universal Stainless & Alloy announces base prince increase of 3% - Universal Stainless & Alloy Products announced a base price increase of 3% to 10% on all bar products. The increase will be effective June 21, 2021 for all new orders. Current material and energy surcharges will remain in effect. Chris Zimmer, Executive Vice President and COO, commented, "We are committed to providing our customers high quality steel with industry leading delivery performance and lead times. Given the current inflationary environment, this price adjustment is necessary to support our operations and ongoing reinvestments into our facilities to better serve our customers."
MTCH

Hot Stocks

07:02 EDT Match Group closes acquisition of Hyperconnect - Match Group announced it has completed the acquisition of Hyperconnect, a social discovery and video technology company. The $1.725B transaction was completed 50% in cash and 50% in Match Group stock.
CMC

Hot Stocks

06:57 EDT Commercial Metals says construction activity is strong - Smith said, "Strong demand across multiple end-use markets should support robust shipment levels of finished steel during the fourth quarter in both North America and Europe. Construction activity is strong and the industrial sectors are growing in both the U.S. and Central Europe, as both regions continue to recover from the pandemic. We expect margins over scrap on steel products in North America and Europe to be relatively flat or up modestly from third quarter levels. Increased willingness of downstream customers in our North America segment to contract new work and the stability of our construction backlog both point to continued demand strength. This view is supported by several widely monitored construction indicators that generally lead activity by nine to twelve months, which have improved significantly in 2021."
SWI

Hot Stocks

06:56 EDT N-able appoints Jeff Nulsen as Chief Marketing Officer - N-able has named Jeff Nulsen as its new Chief Marketing Officer. Most recently, Nulsen was the Chief Marketing Officer at Bluehost, and before that, served as VP of product management and marketing at Vistaprint.
EGRX

Hot Stocks

06:52 EDT Eagle Pharmaceuticals responds to CRL from FDA for vasopressin - Eagle Pharmaceuticals announced that it has responded to the Complete Response Letter for its Abbreviated New Drug Application for vasopressin received from the U.S. FDA in February. "We appreciate FDA's insights and based on our post-CRL meeting, believe that we have now responded fully and completely to the CRL. Our ANDA is currently prioritized by FDA and also flagged as a COVID priority. We anticipate having final approval in time to launch the product this year. Vasopressin is an important program for us, with the potential to bring a great deal of value to our shareholders," stated Scott Tarriff, CEO of Eagle Pharmaceuticals. Eagle is first to file an ANDA referencing Vasostrict, which had total U.S. sales of $786M in 2020.
KTOS

Hot Stocks

06:51 EDT Cathie Wood's ARK Investment bought 51.1K shares of Kratos Defense on Wednesday - Shares of Kratos Defense are up 2.9% in pre-market trading.
VGZ

Hot Stocks

06:49 EDT Vista Gold receives aboriginal and water authorizations for Mt Todd gold project - Vista Gold has received the Aboriginal Areas Protection Authority Certificate and Surface Water Extraction License from the Northern Territory Government for the company's 100% owned Mt Todd gold project in Northern Territory, Australia. An AAPA Certificate is required as a legal means to identify and protect sacred sites from damage by setting out the conditions for using or carrying out works on an area of land. The AAPA Authority Certificate for Mt Todd covers the 1,501 km of exploration licenses contiguous with the mining leases. The Mt Todd Surface Water Extraction License has been approved. This provides Vista with the right to harvest 3.4 Gigalitres of surface run-off each year to facilitate processing and mining activities associated with Mt Todd and is expected to adequately supply all of the Project's water requirements as presently designed. The license is valid for 10 years with the right to renew.
SON

Hot Stocks

06:48 EDT Sonoco Products expands recycling of iconic paper containers in U.S. - Sonoco announced it is expanding recovery and recycling of scrap materials from the production of its iconic EnviroCan paper containers in the U.S. to be used as raw material at three of its uncoated recycled paperboard mills to produce new paperboard. According to Elizabeth Rhue, Sonoco's staff vice president of Sustainability, Sonoco expects to divert from landfills approximately 3,300 tons of scrap materials annually from four of its U.S. paper container operations in West Chicago, Ill., Greenville, Wisc., Jackson, Tenn., and Norwalk, Calif. This material, which is projected to equal approximately 165 truckloads, will be sent to Sonoco paper mills in Menasha, Wisc., Newport, Tenn., and City of Industry, Calif., where it will be used as raw material to produce 100% recycled paperboard, with up to 85% post-consumer fiber.
F...

Hot Stocks

06:48 EDT EU passenger car registrations up 53.4% in May - In May, passenger car registrations in the European Union rose by 53.4% compared to last year, totaling 891,665 units, reported the European Automobile Manufacturers Association. "Nevertheless, last month's result is still far below the 1.2 million cars that were sold in May 2019... From January to May 2021, EU demand for new cars increased by 29.5% to reach 4.3 million units registered in total. The steep declines in the first two months of 2021 were counterbalanced by rises in March, April and May," the group added. Publicly traded companies in the space include Daimler AG (DDAIF), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
CVGW

Hot Stocks

06:47 EDT Calavo Growers CFO Kevin Manion to depart, Farha Aslam named interim CFO - Calavo Growers announced that Kevin Manion, CFO, will be departing the company effective July 16. Farha Aslam, a financial expert serving on Calavo's Board of Directors, will assume the CFO role on an interim basis. The company has engaged an executive search firm to identify candidates as Manion's successor. Manion will continue to work with the company through his employment term, and thereafter as a consultant to ensure a smooth transition.
NICE

Hot Stocks

06:33 EDT Philadelphia selects NICE Inform Elite for new 911 center - NICE announced that the City of Philadelphia has selected NICE Inform Elite to enhance emergency communications for its new 911 center slated to open in 2022. NICE's next-generation 911-ready technology will enable the center to improve operational performance by streamlining auditing of 911 calls for quality assurance and by eliminating manual processes involved in reconstructing incidents. The implementation of NICE Inform Elite is part of a larger, multi-year initiative by the city to upgrade its 911 infrastructure and technology to enhance emergency communications and better serve the citizens of Philadelphia. The newly-renovated Philadelphia Public Safety Building will consolidate 911 communications for the Philadelphia Police Department and Philadelphia Fire Department under one roof.
AERI

Hot Stocks

06:33 EDT Aerie Pharma completes enrollment in Phase 3 trial of ophtalmic solution - Aerie Pharmaceuticals completed patient enrollment for its first Phase 3 clinical trial of netarsudil ophthalmic solution in Japan, comparing netarsudil ophthalmic solution 0.02%, administered once a day in the evening, to ripasudil hydrochloride hydrate ophthalmic solution 0.4%, administered twice a day, in the morning and evening. The first patient to enter this Phase 3 study was dosed in early December 2020. A total of 245 patients were successfully randomized across the netarsudil and ripasudil treatment arms. Aerie and Santen Pharmaceutical announced an exclusive collaboration and license agreement for Rhopressa and Rocklatan in Japan and several other Asian countries in October 2020. As part of this agreement, Santen is responsible for all development and commercialization costs and activities related to the products in the territories covered by the agreement; however, Aerie and Santen have collaborated for this first Phase 3 study for Rhopressa in Japan, which they are co-funding. The study was designed in accordance with the requirements of Japan's Pharmaceuticals and Medical Devices Agency to support a potential regulatory submission of netarsudil ophthalmic solution in Japan.
IMBI

Hot Stocks

06:02 EDT iMedia Brands appoints Monty Wageman as CFO - iMedia Brands appointed Montgomery Wageman as the company's Senior VP and CFO reporting directly to Tim Peterman, CEO. Wageman will be assuming this role from Peterman, who has held this position on an interim basis since February 2020. Wageman's appointment is effective as of June 16. Wageman joined iMedia in 2000 and has held various roles of increasing responsibility in accounting, treasury and tax. Most recently, he served as the company's VP, Corporate Controller and previously served as Senior Director of Accounting, Tax and Treasury from July 2019 through June 2020 and Accounting Director from September 2007 through July 2019. Prior to iMedia, Wageman began his career in audit at Arthur Anderson.
KBR

Hot Stocks

06:02 EDT KBR, Mura announce first joint contract award for plastics recycling technology - KBR and Mura Technology announced the first joint contract award for its plastics recycling technology, Hydro-PRTSM, with Mitsubishi Chemical Corporation, or MCC, in Japan. Developed by Mura and licensed exclusively by KBR, Hydro-PRT employs a patented process utilizing supercritical steam to convert all types of plastics into commercial products that can be used to produce new plastics to deliver a truly circular economy.
NXTD

Hot Stocks

06:01 EDT Nxt-ID names Chia-Lin Simmons as CEO - Nxt-ID announced that Chia-Lin Simmons has joined the company as CEO and a member of the Board of Directors, effective June 14. Simmons will report to the company's Board of Directors, and will be responsible for performing the services and duties customarily associated with a CEO position. Chia-Lin Simmons has over 26 years of experience as an executive for technology companies, with a background in mobility, digital, marketing and investments, corporate finance, law, and strategic planning. Most recently, she served as CEO and co-founder of LookyLoo, Inc., an AI social commerce company.
AON WLTW

Hot Stocks

05:57 EDT Justice Department sues to block Aon acquisition of Willis Towers Watson - The Department of Justice last night filed a civil antitrust lawsuit today to block Aon's (AON) proposed acquisition of Willis Towers Watson (WLTW). As alleged in the complaint filed in the U.S. District Court for the District of Columbia, the merger "threatens to eliminate competition, raise prices, and reduce innovation for American businesses, employers, and unions that rely on these important services," the agency said in a statement. "Today's action demonstrates the Justice Department's commitment to stopping harmful consolidation and preserving competition that directly and indirectly benefits Americans across the country," said Attorney General Merrick Garland. "American companies and consumers rely on competition between Aon and Willis Towers Watson to lower prices for crucial services, such as health and retirement benefits consulting. Allowing Aon and Willis Towers Watson to merge would reduce that vital competition and leave American customers with fewer choices, higher prices, and lower quality services." Reference Link
TLSA

Hot Stocks

05:36 EDT Tiziana Life Sciences submits grant to UK-CTAP to support Foralumab development - Tiziana Life Sciences announced that it has submitted a grant to the United Kingdom COVID Therapeutics Advisory Panel, or UK-CTAP, to support further clinical development of nasally administered Foralumab, a fully human anti-CD3 monoclonal antibody, as a 'Take Home' approach for treatment of non-hospitalized patients with COVID-19. This is in response to a call from the UK government for proposals to study therapies that can be delivered at home and avoid hospitalization of patients. Separately, Tiziana Life Sciences is also completing processes to initiate another clinical trial in COVID-19 hospitalized patients in Brazil. The objective of this study is to evaluate whether nasally administered Foralumab could be useful for hospitalized patients with severe inflammation. Since, nasal administration with Foralumab is an immunomodulatory approach, it is possible that this 'Take Home' treatment approach could be useful for treatment of other COVID-19 variants, including the variants identified in South Africa, Brazil, the UK and the Delta variant in India.
NCTY...

Hot Stocks

05:34 EDT The9 announces custody account with Coinbase subsidiary - The9 (NCTY) announced Coinbase Custody, a wholly owned subsidiary of Coinbase (COIN), as the custodian for The9's digital assets, including Bitcoin (BTC). The9 plans to deposit at Coinbase Custody part of its cryptocurrencies mined. The first batch will be 200 Bitcoin to be deposited into The9's segregated cold storage account at Coinbase Custody, which is an offline cold storage solution. The9 plans to increase deposits into this custody account, from time to time, as The9 mines more cryptocurrencies.
RIO

Hot Stocks

05:31 EDT Rio Tinto appoints Peter Cunningham as CFO - Rio Tinto has appointed Peter Cunningham as CFO with immediate effect. Peter, who has been interim CFO since January, will also join the Rio Tinto board as an executive director at the same time. Peter was previously group controller and has held a number of senior financial and non-financial leadership positions across Rio Tinto in Australia and the UK.
RIO

Hot Stocks

05:31 EDT Rio Tinto appoints Peter Cunningham as CFO - Rio Tinto has appointed Peter Cunningham as CFO with immediate effect. Peter, who has been interim CFO since January, will also join the Rio Tinto board as an executive director at the same time. Peter was previously group controller and has held a number of senior financial and non-financial leadership positions across Rio Tinto in Australia and the UK.
ESLT

Hot Stocks

05:29 EDT Elbit Systems subsidiary awarded $23M FMV contract - Elbit Systems announced that its German subsidiary, Elbit Systems Deutschland, was awarded an approximately $23M follow-on contract by the Swedish Defence Material Administration, or FMV, for the supply of additional software defined radios, or SDRs, for the Swedish Armed Forces. The contract will be performed over a period of 30 months.
ESLT

Hot Stocks

05:27 EDT Elbit Systems subsidiary awarded $29M in PEO orders - Elbit Systems announced that its U.S. subsidiary, Elbit Systems of America, recently was awarded two orders with an aggregate value of approximately $29M by the U.S. Army's Program Executive Office, or PEO, Soldier under an Indefinite Delivery/Indefinite-Quantity, or ID/IQ, contract issued in 2020. The orders will be executed from the Elbit Systems of America facility in Roanoke, Virginia with deliveries through September. Under the orders, Elbit Systems of America will upgrade the U.S. Army active duty and National Guard rotary-wing aviation units' AN/AVS-6 Aviator's Night Vision Imaging Systems, or ANVIS, with high performance white phosphor image intensifier tubes. The night vision upgrade to the U.S. Army fleet's legacy ANVIS goggles will replace the existing green image intensification. White phosphor enhances the ANVIS goggles as it presents visuals in black and white detail, which may appear more natural to the eye. The new image intensification tubes will also provide better contrast, along with high image resolution at greater distances for pilots.
BIDU

Hot Stocks

05:24 EDT Baidu, Arcfox to launch Apollo Moon robotaxis - Baidu is partnering with BAIC Group's EV brand Arcfox to jointly release Apollo Moon, a new generation of robotaxis that are set to be mass-produced with a per unit manufacturing price of RMB 480,000. The company said Apollo Moon is a milestone in the large-scale commercialization of fully autonomous ride-hailing services in the smart transportation industry. Apollo Moon has a projected operating cycle of over five years. At the press conference, Baidu and Arcfox reached a new strategic cooperation agreement to roll out a fleet of 1,000 Apollo Moon robotaxis in three years. This will enable Baidu Apollo's fully autonomous ride-hailing services to permeate more urban cities during that time period. Recently, Baidu Apollo has begun to roll out Robotaxi ride-hailing services in Beijing, Shanghai, Guangzhou, Chongqing and other cities.
NOK

Hot Stocks

05:19 EDT Nokia accelerates joint 5G network rollout in Denmark - Nokia announced that it continues to build upon its ongoing business with Danish mobile operators, Telenor and Telia via their joint network, or TTN, accelerating the delivery of 5G services nationwide following the availability of 3.5 GHz spectrum. Nokia is the exclusive supplier of 5G RAN and will support the modernization of the shared network. The availability of spectrum in the 3.5GHz band will offer incredibly fast 5G speeds to customers. The modernization deal will focus initially on Denmark's four largest cities before expanding to cover most Danish customers during 2022. The deal will see Nokia continue its partnership with both companies and the operation of the joint network, which first started in 2012. TTN is Denmark's largest mobile network with more than 4,300 sites. The merger between the two networks first began in 2012 with both companies each owning 50% of the network.
BLK

Hot Stocks

05:14 EDT BlackRock to acquire Baringa's climate change scenario model - BlackRock announced their entry into a definitive agreement to acquire and integrate Baringa's climate change scenario model into BlackRock's Aladdin climate technology. Baringa and BlackRock will bring together their expertise to develop climate risk models underpinning Aladdin Climate, as well as other climate analytics solutions. Through the partnership, Baringa will use the core Aladdin Climate capabilities as part of its growing global consulting work in advising financial services, governments, regulatory bodies, and clients across all sectors on climate risk and developing net zero strategies.
NTRS

Hot Stocks

05:06 EDT Northern Trust enters agreement with 3D to distribute funds to investors - Northern Trust has entered into an agreement with Distributor Due Diligence, or 3D, to support its asset manager clients with elements of how they oversee distribution of their funds to investors. The service is named Network Monitor. Under the agreement, Northern Trust will make 3D's platform service available to clients in an effort to help them discharge their regulatory responsibilities for performing due diligence of their distributor networks. By drawing on 3D's platform and distributor coverage spanning more than 75 countries, clients can automate aspects of distributor due diligence questionnaire processes. This supports asset managers' focus on overseeing appointed intermediaries and complying with regulations.