Stockwinners Market Radar for June 21, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

ZM

Hot Stocks

19:55 EDT Zoom Video CEO sells $35.5M in common stock as part of option expiry - In a regulatory filing, Zoom Video disclosed that its CEO Eric Yuan sold 96,154 shares of common stock in total transaction size of $35.5M as part of option expiry.
VERV

Hot Stocks

19:04 EDT Verve Therapeutics CEO buys 2.5K shaes, Chief Scientific Officer buys 5K shares - In two separate regulatory filings, Verve Therapeutics disclosed that its CEO Sekar Kathiresan bought 2.5K shares of common stock for $47.5K and Chief Scientific Officer Andrew Bellinger bought 5K shares of common stock for $95K on June 21st.
WISH

Hot Stocks

18:24 EDT ContextLogic extends gains amid increased WallStreetBets focus - Shares of ContextLogic are up another 4.3% at $14.08 in the after-hours following today's 18.4% jump. The stock is being touted on Reddit's WallStreetBets group as a potential short-squeeze target, with the company seen as the top trending ticker in terms of message volume on WallStreetBets and the third most widely mentioned name on StockTwits today.
MSFT

Hot Stocks

18:18 EDT Microsoft's Xbox taps Kim Swift to help build video games for the cloud - Microsoft's Xbox Game Studios Publishing announced that Kim Swift, who worked on the "Portal" video game franchise, is joining the company to "accelerate its innovation" and collaborate with independent studios to build games for the cloud. "Our team focuses on three pillars in our games: Community, Innovation and Inclusivity," XGS Publishing said on Twitter. Reference Link
CLI

Hot Stocks

18:10 EDT Mack-Cali Realty director buys 450K shares of common stock - In a regulatory filing, Mack-Cali Realty director Akiva Katz disclosed the purchase of 450K common shares of the company on June 17 at a price of $16.56 per share.
SNAP...

Hot Stocks

17:59 EDT TikTok enhances experience with new content integrations with 'Jump' - Sean Kim, Head of Product, TikTok US said in a blog posting, in part: "Today we're excited to introduce TikTok Jump, a new way for creators to share engaging and informative content on TikTok. Built by third-party providers, Jumps are mini-programs and services that creators can link to within their videos. Users around the world can click these links to explore recipes, take quizzes, discover useful learning tools and much more, creating more dynamic and practical experiences for our community." Publicly traded companies that compete with TikTok include Snap (SNAP), Facebook (DB) and Twitter (TWTR). Reference Link
SKIL

Hot Stocks

17:46 EDT Skillsoft says confident in meeting FY22 guidance, announces debt refinance - Skillsoft announced it has launched marketing for a refinancing of a substantial amount of its long-term debt while repaying the remainder, which is expected to meaningfully decrease the Company's interest expense, increase free cash flow, increase financial flexibility to grow through acquisitions, and significantly extend the maturity of any obligations. Skillsoft also noted that its Board of Directors has approved the adoption of a January 31 year-end for the Company's financial reporting, effective immediately, to align Churchill Capital Corp II and Global Knowledge with the pre-business combination Skillsoft's fiscal year end. In addition, Skillsoft commented on financial results for its first fiscal quarter ended April 30, reflecting the Company's recent combinations with Churchill Capital Corp II and Global Knowledge as if the combined company had a fiscal quarter end of April 30. "I am pleased to report that our fiscal year is off to a strong start, with results exceeding our internal plan," said Jeffrey R. Tarr, Skillsoft's Chief Executive Officer. "I'm especially encouraged that order intake for the Skillsoft Content Business combined with Global Knowledge grew by 9% in the quarter ended April 30. While it's still early in the fiscal year and in our journey as the new Skillsoft, the momentum we are seeing reinforces my confidence in our ability to meet our full year fiscal 2022 guidance and create significant long-term shareholder value as we integrate the two businesses, realize synergies and complete the migration to Percipio." Skillsoft noted that continued growth in Percipio drove improvement in dollar retention rate during the fiscal first quarter. In addition, the Company has recently built a dedicated customer acquisition team with more than 30 experienced sellers, and expects to complete the integration of the Global Knowledge sales organization with the Skillsoft Technology & Development specialized salesforces over the coming months, consistent with its integration plan.
LMT

Hot Stocks

17:16 EDT Lockheed Martin awarded $472.47M Navy contract modification - Lockheed Martin awarded a not-to-exceed $472.47M undefinitized contract modification to a previously awarded cost-plus-incentive-fee contract. This modification adds scope to further develop and integrate three unique weapons capabilities through system functional review to development test complete on the F-35A and F-35B aircraft for the governments of the United Kingdom and Italy. Work is expected to be completed in March 2026. Non-Department of Defense participant funds in the amount of $116.46M will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
RIG

Hot Stocks

17:14 EDT Transocean director and 10% holder buy 2.9M shares of common stock each - In a regulatory filing, Transocean disclosed that its director Frederik Mohn and 10% holder Perestroika bought 2.9M shares of common stock each on June 17th in a total transaction size of $11.47M each.
DELL...

Hot Stocks

17:14 EDT Dell and Insight awarded $155.3M, $161.5M Navy contracts respectively - Dell (DELL) was awarded an estimated $155.3M and Insight (NSIT) was being awarded an estimated $161.5M, short-term, single-award, firm-fixed-price blanket purchase agreement under the Department of Defense Enterprise Software Initiative, or DoD ESI, in accordance with Defense Federal Acquisition Regulation System 208.74. The DoD ESI streamlines software licensing acquisition and provides information technology products that are compliant with DoD technical standards and represent the best value for the DoD. This agreement will provide commercially available perpetual licenses, software assurance, user-based subscription licenses to include Microsoft 365 (MSFT), Microsoft Azure and client access licenses among others. This agreement will be used by the Department of Navy to include the Marine Corp and Coast Guard when authorized under the provisions of 14 U.S. Code Section 3 and Section 145; 10 U.S.C. Section 2571; and 31 U.S.C. Section 1535. The total value of this award is $316.8M. The ordering period will be for a total of six months from June 17, through December 16. This agreement will not obligate funds at the time of award. Funds will be obligated via delivery orders using operation and maintenance funds. Future requirements will be procured in accordance with DFAR 8.405-3. This action was sole-sourced under the authority of DFAR 8.405-6 urgent and compelling. Naval Information Warfare Center Pacific is the contracting activity.
XAIR

Hot Stocks

17:11 EDT Beyond Air director buys 350K shares of common stock - In a regulatory filing, Beyond Air disclosed that its director Robert Carey bought 350K shares of common stock on June 17th in a total transaction size of $1.88M, boosting his stake by 266%. Shares of Beyond Air are up 12.9% afterhours at $5.76.
BA

Hot Stocks

17:08 EDT Boeing awarded $169.46M Army contract - Boeing was awarded a $169.46M firm-fixed-price contract to support the Apache full-rate production Lot 12 long lead effort. Bids were solicited via the internet with one received. Work will be performed in Mesa, Arizona, with an estimated completion date of May 31, 2027. FY21 aircraft procurement funds in the amount of $169.46M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
MRNA

Hot Stocks

17:06 EDT Moderna awarded $3.3B Army contract modification for 200M COVID-19 doses - Moderna was awarded a $3.3B modification to a contract for 200M filled drug production doses of SARS-CoV-2 mRNA-1273 Moderna vaccine. Work will be performed in Cambridge, Massachusetts, with an estimated completion date of March 31, 2022. FY10 research, development, test and evaluation funds in the amount of $3.3B were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity.
PFLT

Hot Stocks

16:53 EDT PennantPark Floating Rate names Richard Cheung as CFO - PennantPark Floating Rate Capital announced that it has appointed Richard Cheung as its CFO and Treasurer, effective June 21. Cheung most recently served as Senior Managing Director and Head of Alternative Investment Accounting at Guggenheim Partners. Aviv Efrat, PFLT's current CFO and Treasurer, will move within the PennantPark organization and remain in senior management where he will focus on PennantPark's strategic growth initiatives.
PNNT

Hot Stocks

16:51 EDT PennantPark names Richard Cheung as new CFO - PennantPark announced that it has appointed Richard Cheung as its CFO and Treasurer, effective June 21, 2021. Mr. Cheung most recently served as Senior Managing Director and Head of Alternative Investment Accounting at Guggenheim Partners, LLC, where he has served in various roles since 2008.
FIII ELMS

Hot Stocks

16:42 EDT Forum Merger III management team purchases $4.9M of company stock - Forum Merger III (FIII) and Electric Last Mile (ELMS) announced that Forum's management team purchased approximately $4.9M, or 500,000 shares, of Forum's common stock on the open market. Forum will hold a special meeting of its stockholders on June 24 to approve its proposed business combination with ELMS. If the business combination is approved, the combined company will be named Electric Last Mile Solutions and the common stock of Electric Last Mile Solutions will continue to be listed on the Nasdaq Capital Market under the new ticker symbol "ELMS."
ACAC MYPS

Hot Stocks

16:41 EDT Playstudios, Acies complete business combination - Playstudios (MYPS) announced that it has completed its previously announced business combination with Acies Acquisition Corp. (ACAC). The Business Combination was approved at a special meeting of Acies' shareholders on June 17, 2021 and the combined company changed its name to Playstudios. Beginning on Tuesday, June 22, 2021, Playstudios' Class A common stock and warrants will trade on the Nasdaq under the ticker symbols "MYPS" and "MYPSW," respectively. With approximately $220M in cash, Playstudios is poised to accelerate the company's growth initiatives, which include substantially expanding product development and acquisitions of other gaming and related companies.
ORLY

Hot Stocks

16:39 EDT O'Reilly Automotive director Lawrence O'Reilly sells almost $12M in shares - O'Reilly Automotive director Lawrence O'Reilly disclosed in a filing that he had sold 22,053 shares of company stock at $534.24 per share on June 17, for a total transaction amount of $11,781,584.
OEC EVKIF

Hot Stocks

16:38 EDT Orion Engineered settles arbitration proceedings against Evonik - Orion Engineered (OEC) announced its agreement with Evonik (EVKIF) to settle the arbitration proceedings which Orion had commenced against an Evonik Industries affiliate in June 2019. The arbitration was launched by Orion to enforce - among others - indemnity claims covering capital expenditures and costs to remedy past violations of the U.S. Clean Air Act alleged by the U.S. Environmental Protection Agency, or EPA. According to the settlement, Evonik agrees to make a one-time cash payment of approximately $79.3M to Orion which resolves the claims and counterclaims the parties raised in the arbitration. The settled dispute between Orion and Evonik originates from the acquisition of the carbon black business by Rhone Capital and Triton after the business was spun-out of Evonik in 2011. The 2011 acquisition agreement provided for a partial indemnity from Evonik against various exposures, including capital investments, fines and costs arising in connection with U.S. Clean Air Act violations that allegedly occurred prior to the closing of the 2011 acquisition. The respective claims raised by the U.S. EPA were ultimately resolved by a Consent Decree between Orion and the U.S. EPA in June 2018. Under the Consent Decree, Orion became obligated to install certain capital-intensive pollution control equipment at its U.S. carbon black plants. In June 2019, Orion initiated arbitration proceedings to enforce its environmental indemnity claims against Evonik, and Evonik in turn submitted certain counterclaims related to tax indemnities and cost reimbursements against Orion. The settlement now reached by Orion and Evonik terminates the arbitration and puts an end to a legal controversy that lasted for almost a decade.
CSU

Hot Stocks

16:34 EDT Capital Senior Living announces May occupancy of 78.2% - Capital Senior Living announced its May occupancy of 78.2%, which is an increase of 294 basis points from the pandemic low average monthly occupancy of 75.3% in February. Approximately 53% of its 60 owned communities and all but two of its managed communities are above pre-pandemic February 2020 occupancy levels. "The positive occupancy trends are very encouraging as we enter the growth-focused phase of our strategic plan," said Kimberly S. Lody, President and CEO. "We attribute this increase in occupancy to several factors - the safety protocols we implemented at the onset of the pandemic, our well-executed vaccination program that has allowed us to ease restrictions across much of our portfolio and the introduction of new resident-centric programming."
KHC

Hot Stocks

16:31 EDT Kraft Heinz names Kathy Krenger as Chief Communications Officer - Kraft Heinz announced that Kathy Krenger is joining the company as its new Chief Communications Officer. Currently Senior Vice President, Global Communications, for Hyatt Hotels Corporation, she will begin her new role on July 21, reporting directly to CEO Miguel Patricio. Michael Mullen, Head of Global Communications and Corporate Affairs at Kraft Heinz, has decided to retire after 23 years with the company.
TUP

Hot Stocks

16:31 EDT Tupperware Brands announces $250M share repurchase plan - Tupperware announced the prepayment of $58M of its Term Loan Debt from Angelo Gordon and JP Morgan, and, that its Board of Directors has authorized share repurchases of up to $250M of the company's outstanding shares of common stock.
MSFT

Hot Stocks

16:29 EDT Microsoft Xbox hires 'Portal' developer Kim Swift - Xbox game studios said in an earlier Twitter post: "Our team focuses on three pillars in our games: Community, Innovation and Inclusivity. Today, @K2TheSwift joins us in XGS Publishing to accelerate our Innovation and collaborate with independent studios to build games for the cloud. Welcome to the team, Kim!" Reference Link
GPC M

Hot Stocks

16:21 EDT Genuine Parts names Naveen Krishna Chief Information & Digital Officer - Genuine Parts Company (GPC) announced that Naveen Krishna has joined the company as Executive Vice President and Chief Information & Digital Officer. In this key leadership role, Krishna has responsibility for leading the strategy and direction for all technology and digital initiatives and ensuring alignment with GPC's strategic roadmap. He will report to Will Stengel, President. Krishna joins GPC with more than 25 years of technology experience, primarily in the omni-channel retail and consumer products industries. Most recently, he was Executive Vice President and Chief Technology and Information Officer for Macy's (M).
WELL

Hot Stocks

16:20 EDT Welltower to acquire Holiday Retirement's Seniors Housing Portfolio for $1.58B - Welltower announced that it has entered into a definitive agreement to acquire a portfolio of 86 seniors housing properties, including 80 nearly identical independent living and six combination independent living/assisted living properties, currently owned by Holiday Retirement. Additionally, as announced on June 21, upon the closing date of this transaction, which is expected to be in the third quarter, Atria Senior Living will assume operations of the properties and retain Holiday's in-place senior management and staff. Through this landmark transaction, the 86-property portfolio will be acquired by Welltower for $1.58B, or $152,000 per unit, representing a discount to estimated replacement cost in excess of 30%. The transaction is expected to be approximately 10c per diluted share accretive to Welltower's normalized funds from operations during the first twelve months post-closing. The portfolio is expected to deliver substantial net operating income growth in future quarters and in coming years as occupancy growth accelerates from near-trough levels of 76.3% as of June 20. Portfolio occupancy has already increased over 2.7% since bottoming in March. Additionally, the anticipated recovery in occupancy and Atria's operational and technological expertise is expected to maximize community level performance and to generate meaningful expansion in operating margins going forward. Welltower and Atria have agreed to a highly incentivized and strongly aligned enhanced RIDEA 3.0 management contract based on both top and bottom-line financial metrics. The contract will also include substantial promote opportunities to Atria upon achievement of certain long-term financial metrics. The achievement of such hurdles would imply significant growth in underlying property level performance, resulting in a nominal yield in excess of 9% to Welltower and a net economic yield in excess of 8% to Welltower after capital expenditures and payment of the promote. Atria expects to integrate Holiday's corporate staff and retain its experienced and reputed management team, thereby de-risking the overall transaction. Atria has significant experience with Holiday properties, having successfully assumed operations in recent years of two portfolios previously managed by Holiday: a 29-property portfolio across Canada in 2014 and, in April 2021, a 21-property portfolio owned by New Senior Investment Group Inc. The portfolio is expected to benefit from Atria's operating model and technology platform, which includes its proprietary Glennis software for staffing optimization, digital marketing, and CRM. Atria's digital marketing capabilities and front of house technology suite are also expected to reduce dependency on referral sources and increase organic lead generation. Holiday's management team expects that this significant investment in its platform and technology infrastructure will significantly enhance their ability to serve residents going forward.
OFC

Hot Stocks

16:19 EDT Corporate Office Properties executes pre-leases at Redstone Gateway - Corporate Office Properties Trust executed two leases totaling 178,500 square feet at Redstone Gateway with a defense contractor that provides information assurance, enterprise solutions, and technology modernization services to the U.S. Government. The defense contractor will consolidate from multiple existing Huntsville facilities into two new developments COPT will construct for $65M. The defense contractor will occupy 90% of a 172,500 square foot office building and roughly half of a 45,000 square foot R&D facility. Both projects are scheduled for shell completion in the fourth quarter of 2022, with lease commencement dates expected in the first quarter of 2023.
NEXT

Hot Stocks

16:18 EDT NextDecade names Ivan Van der Walt COO - NextDecade announced that the board of directors has appointed Ivan Van der Walt as Chief Operating Officer effective July 1, 2021, and Vera de Gyarfas as General Counsel and Corporate Secretary effective July 12, 2021. Van der Walt will continue to be responsible for all project management, engineering, construction, commissioning, and operations of the company's LNG and carbon capture projects.
SON

Hot Stocks

16:18 EDT Sonoco Products implements $50 per ton price increase for URB - Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard, or URB, in the United States and Canada, effective with shipments beginning July 15. Sonoco said the price increase was in response to continuing strong demand across its U.S. and Canada mill network which has driven order backlogs to near historical levels as well as stepped up inflationary pressures from energy, freight, papermaking chemicals and packaging materials.
SAVA

Hot Stocks

16:14 EDT Cassava selects Premier Research for Phase 3 of Alzheimer's program - Cassava Sciences announced the selection of Premier Research International as its clinical research organization, CRO, to help conduct the Phase 3 clinical program of simufilam for Alzheimer's disease. Consistent with previous guidance, Cassava Sciences plans to initiate this Phase 3 program in the second half of 2021. "Having completed over 250 clinical studies in neuroscience, we believe Premier Research International understands how to conduct clinical studies in patients with Alzheimer's disease," said Remi Barbier, President & CEO of Cassava Sciences. "With Premier Research as our CRO partner, we now look forward to advance simufilam into Phase 3 clinical testing." "Premier Research is pleased to be Cassava Sciences' CRO of choice for this pivotal program," said Krista Armstrong, Senior Vice President, Clinical Development Services and Global Head of Neuroscience, Premier Research. "Premier Research has deep experience in conducting complex studies in neuroscience. We look forward to bringing our extensive knowledge and experience in Alzheimer's disease to Cassava Sciences' pivotal Phase 3 program of simufilam."
SCVL

Hot Stocks

16:10 EDT Shoe Carnival announces two-for-one stock split - Shoe Carnival announced that its board has authorized a two-for-one stock split of the company's common stock. The stock split will be effected by the payment of a stock dividend of one share on each share of common stock to shareholders of record at the close of business on Tuesday, July 6, 2021.
TG

Hot Stocks

16:09 EDT Tredegar to implement resin index based pricing plan - Tredegar Surface Protection announced that it will implement a resin index based pricing plan that will apply to all products and customers, in response to unprecedented price increases and supply issues for polyethylene and polypropylene resin. This bilateral pricing model, which allows for decreases if resin prices fall in the future, will be effective on all shipments beginning July 1, 2021. Citing growing cost pressures, Dr. Bapi DasGupta, president of Tredegar Surface Protection, said, "While we are seeing cost inflation in many areas, the increase in the cost of our primary raw material is the most challenging, given that resin prices have doubled over the past year. In addition, resin supply continues to be tight as a result of recent force majeure events and issues associated with COVID-19 conditions, including supply chain delays. We continue to focus on cost-control measures across our business and remain fully committed to delivering industry-leading product quality and supply reliability to our customers."
SAFM...

Hot Stocks

16:09 EDT Sanderson Farms jumps after WSJ says exploring sale - Shares of Sanderson Farms (SAFM) are up 7% to $178 in after-hours trading after the Wall Street Journal reported that the company hired Centerview Partners to explore a potential sale and has attracted interest from suitors including agricultural investment firm Continental Grain Co. Other publicly traded companies in the meat space include Hormel Foods (HRL), Pilgrim's Pride (PPC) and Tyson Foods (TSN).
QGEN

Hot Stocks

16:09 EDT Qiagen launches dedicated CRISPR products - Qiagen announced the launch of QIAprep& CRISPR Kit and CRISPR Q-Primer Solutions that allow researchers to analyze edited genetic material with unparalleled speed and efficiency to determine how their interventions have changed the function of the DNA sequence in question. The product launch marks QIAGEN's dedicated solutions specific to the fast-growing field of CRISPR technology used for editing genomes and modifying gene function. Short for "clustered regularly interspaced short palindromic repeats," CRISPR has a host of potential applications, from correcting genetic defects, treating and preventing the spread of diseases and accelerating drug discovery and biomedical research. The new products add to the range of QIAGEN products that could also be used for CRISPR research such as the QIAGEN EndoFree Plasmid Kits and Plasmid Plus Kits. The QIAprep& CRISPR Kit and the new CRISPR Q-Primer Solutions provide scientists with a sensitive, all-in-one process for characterizing so-called knock-outs generated from guide RNA (gRNA) and knock-ins from small insertions during gene editing. Kit and solutions combine liquid-based sample preparation with downstream PCR detection as well as the Sanger method of DNA sequencing. "These highly sensitive new tools will drastically reduce the time to result in experiments, with cell cultivation requirements cut down by seven days compared to existing methods, accelerating research in this cutting-edge field," said Thomas Schweins, Senior Vice President, Life Sciences at QIAGEN. "They give a further boost to CRISPR's potential for breakthroughs in biomedical research into cancer, neurological conditions, gene therapy, cell therapy, immunotherapy, regenerative medicine, and disease modeling - and in the discovery of disease-signaling biomarkers and drug development."
INBX

Hot Stocks

16:08 EDT Inhibrx initiates potential registration-enabling Phase 2 study of INBRX-109 - Inhibrx announced initiation of a potential registration-enabling Phase 2 study of INBRX-109 in conventional chondrosarcoma. A randomized, blinded, placebo-controlled, potential registration-enabling Phase 2 trial of INBRX-109 in conventional chondrosarcoma initiated this month. The primary objective of this trial is to evaluate the anticancer efficacy of INBRX-109, as measured by PFS per RECISTv1.1 and assessed by central independent radiology review. Patients with disease progression on placebo will be able to crossover to INBRX-109. An interim analysis will occur after 50% of the planned PFS events are observed. Additionally, upon initiation of this study, Inhibrx's loan agreement with Oxford Finance was amended and $40M in additional principal was received by Inhibrx on June 18.
NXTC

Hot Stocks

16:08 EDT NextCure announces publication of NC410 preclinical data - NextCure announced the publication of preclinical data in the online journal eLife establishing NC410 as a novel immunomedicine targeting immune-excluded regions of collagen-rich tumors and enabling normalization of the tumor immune microenvironment. NC410, currently being evaluated in a Phase 1/2 clinical trial in patients with advanced or metastatic solid tumors, is a first-in-class immunomedicine designed to block immune suppression mediated by LAIR-1, an immunomodulatory receptor expressed on T cells and myeloid cells, including dendritic cells. NC410 is a dimeric LAIR-2 Fc fusion protein that is designed to act as a LAIR-1 decoy by binding with higher affinity to tumoral collagens than human LAIR-1, preventing LAIR-1-mediated immune suppression. This publication demonstrated that NC410 binding was most notable in collagen-rich tumors, such as gastric, ovarian, lung and head and neck, and in regions where immune cells were being excluded. As a result of T cell activation and effector function, NC410 induces specific collagen degradation products that may relate to the enhanced infiltration of immune cells in the tumor and have the potential to be used as clinical biomarkers.
CFB WDR

Hot Stocks

16:08 EDT CrossFirst Bankshares names Ben Clouse CFO - CrossFirst Bankshares (CFB) announced that it has named Ben Clouse as Chief Financial Officer. In the CFO role, Clouse will lead the financial organization and be responsible for overall long-range financial planning and reporting as well as support execution of the bank's growth strategy. "After conducting a thorough nationwide search, we are pleased to have found the ideal CFO candidate right here in Kansas City," said President & CEO of CrossFirst Mike Maddox. "Ben has deep and extensive experience in leading financial operations as well as driving operational change, including as the Chief Financial Officer of a publicly-traded company. He will be a key part of our executive leadership team and I know will be instrumental in helping us to continue to grow strategically as well as meet the evolving and changing needs of our clients." Prior to joining CrossFirst, Clouse was CFO of Waddell & Reed (WDR).
SAFM...

Hot Stocks

16:07 EDT Sanderson Farms jumps 7% after WSJ says exploring sale - Shares of Sanderson Farms (SAFM) are up 7% to $178 in after-hours trading after the Wall Street Journal reported that the company hired Centerview Partners to explore the potential sale and has attracted interest from suitors including agricultural investment firm Continental Grain Co. Publicly traded companies in the meat space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN).
CRKN VIAC

Hot Stocks

16:07 EDT Crown Electrokinetics names Joel Krutz as CFO, succeeding Phil Anderson - Crown Electrokinetics (CRKN) announced the appointment of Joel Krutz as CFO, effective June 21. Krutz succeeds Phil Anderson, who has decided to pursue new opportunities after successfully leading Crown through key capital raises and an uplisting. Most recently, Krutz had served as CFO for ViacomCBS Networks International (VIAC), the premium content companies international division since 2015.
PING

Hot Stocks

16:07 EDT Ping Identity acquires SecuredTouch, terms not disclosed - Ping Identity Holding announced that it has acquired SecuredTouch, a player in fraud and bot detection and mitigation. As SecuredTouch is integrated with the broader PingOne Cloud Platform, enterprise customers will have access to advanced signals, data, and intelligence to gain a greater understanding of fraudster behavior, and step up authentication when needed to stop malicious activity and reduce fraud loss. Customers will be able to deploy SecuredTouch as a stand alone solution or as part of the broader Ping One Cloud Platform. "Identity isn't just about knowing who customers are, it's about knowing when someone is pretending to be a customer. As companies undergo massive digital transformation initiatives, the need for seamless, frictionless, and secure identity solutions to confidently understand both those situations is imperative," said Andre Durand, founder and CEO of Ping Identity. "The acquisition of SecuredTouch accelerates our vision for cloud delivered intelligent identity solutions that combat malicious behavior such as bots, emulators, and account takeover."
NXGN

Hot Stocks

16:06 EDT NextGen Healthcare CEO Rusty Frantz to step down - The company states: "NextGen Healthcare announced that the company and Rusty Frantz have agreed to a mutual separation and that Mr. Frantz will no longer serve as President, CEO or a member of the NextGen Healthcare Board of Directors, effective immediately. An Executive Leadership Committee has been established to lead NextGen Healthcare on an interim basis while its next CEO is identified with the assistance of executive search firm Spencer Stuart."
KYMR

Hot Stocks

16:05 EDT Kymera Therapeutics appoints Elaine Caughey as chief business officer - Kymera Therapeutics announced the appointment of Elaine Caughey as chief business officer, or CBO. Caughey joins Kymera with over 20 years of experience in the biotechnology industry, including leadership roles in corporate development, business and commercial operations, new product strategy, and investing. Caughey joins Kymera with over 20 years of experience in the biotechnology industry. Prior to Kymera, she led business development, strategy and operations as the CBO at Cygnal Therapeutics.
NRIX

Hot Stocks

16:03 EDT Nurix Therapeutics appoints Stefani Wolff as COO - Nurix Therapeutics announced that Stefani A. Wolff has joined the company as chief operating officer and executive vice president of product development. Ms. Wolff brings to Nurix over 30 years of leadership experience in oncology and immunology most recently from Principia Biopharma Inc., where she served as chief development officer and formerly senior vice president of strategy and operations overseeing Principia's portfolio including BTK targeted agents. During her tenure at Principia, she successfully guided drug pipeline strategy and led many functions over time, including the company's manufacturing and technical operations, regulatory and quality, clinical operations, project and portfolio management, medical affairs, commercial and communications functions until its acquisition by Sanofi in September, 2020.
GOSS

Hot Stocks

16:02 EDT Gossamer Bio names Richard Aranda as Chief Medical Officer - Gossamer Bio announced that, Richard Aranda, M.D., previously Senior Vice President and Head of Clinical Development, will be promoted to Chief Medical Officer. Dr. Aranda joined Gossamer in February 2018 with responsibilities including oversight of Clinical Pharmacology, Translational Medicine, and Pharmacovigilance.
TMHC

Hot Stocks

16:01 EDT Taylor Morrison announces CFO Dave Cone to retire - Taylor Morrison Home announced that Dave Cone, Executive Vice President and CFO, intends to retire from the company. Cone's retirement is expected to occur later this year once a successor has been named. The company has engaged Russell Reynolds Associates, a national executive search firm, to conduct an external search to identify Cone's replacement, in addition to internal candidates.
TSLA

Hot Stocks

15:04 EDT Tesla CEO says looking to hold 'AI Day' in 'about a month or so' - Tesla CEO Elon Musk tweeted: "Looking at holding Tesla AI Day in about a month or so. Will go over progress with Tesla AI software & hardware, both training & inference. Purpose is recruiting." Reference Link
MSFT...

Hot Stocks

14:57 EDT Representative Jordan requests competition information from Microsoft - U.S. Representative Jim Jordan, a Republican from Ohio, is calling on Microsoft (MSFT) to face similar antitrust scrutiny as other major tech companies, including Apple (AAPL), Amazon (AMZN), Facebook (FB), and Google (GOOGL), according to a letter Jordan sent to Microsoft president Brad Smith. "Big Tech, including Microsoft, Inc., is out to get conservatives," Jordan wrote in the letter. "Despite Microsoft's size and market dominance, House Democrats curiously did not significantly examine Microsoft's conduct during their investigation of competition in digital markets. Democrats also seem to have excluded Microsoft from scrutiny in their large package of bills to radically rewrite American antitrust law. We write to request more information about these matters." Reference Link
BSIG JPM

Hot Stocks

13:37 EDT BrightSphere sells 75% ownership interest in Campbell to JPMorgan - BrightSphere Investment Group announced that it has entered into a definitive agreement to sell its 75% ownership interest in Campbell Global to J.P. Morgan Asset Management (JPM). As part of the transaction, J.P. Morgan will also acquire the 25% ownership interest in Campbell held by Campbell management. Financial terms of the transaction were not disclosed. In addition to acquiring BrightSphere's equity interest in Campbell, J.P. Morgan has also agreed to acquire BrightSphere's co-investments in Campbell Funds. The transaction is subject to customary closing conditions and is anticipated to close in Q3.
UBER

Hot Stocks

13:21 EDT Uber to buy remaining 47% stake in grocery delivery start-up Cornershop - In an earlier regulatory filing, Uber said it was acquiring the remaining 47% share in grocery delivery start-up Cornershop. Uber said: "On June 18, Uber Technologies reached an agreement with the minority shareholders of Cornershop to acquire their interests in Cornershop in an all-stock transaction following which Cornershop will become a wholly-owned subsidiary of the Company. Uber acquired a majority stake in Cornershop in Q3 2020, other than in Mexico, which closed in January. With this transaction, the Company is acquiring the remaining approximately 47% interest in exchange for approximately 29M shares of the Company . The transaction is subject to customary closing conditions and is expected to close in July 2021. Cornershop's financial results are already fully consolidated in the Company's financial statements given the Company's existing majority ownership, therefore no change is expected to the Company's Gross Bookings, Revenue or Adjusted EBITDA as a result of the transaction." Reference Link
NFLX

Hot Stocks

13:02 EDT Steven Spielberg's Amblin Partners forms film partnership with Netflix - Amblin Partners, the film and television studio led by Steven Spielberg, and Netflix have announced a partnership that will cover multiple new feature films per year. Amblin Partners Chairman, Steven Spielberg, commented: "At Amblin, storytelling will forever be at the center of everything we do, and from the minute [Netflix Co-CEO and Chief Content Officer Ted Sarandos] and I started discussing a partnership, it was abundantly clear that we had an amazing opportunity to tell new stories together and reach audiences in new ways. This new avenue for our films, alongside the stories we continue to tell with our longtime family at Universal and our other partners, will be incredibly fulfilling for me personally since we get to embark on it together with Ted, and I can't wait to get started with him, Scott, and the entire Netflix team." Reference Link
VZ

Hot Stocks

12:07 EDT Verizon announces acquisition of precise positioning company Senion - Verizon announced the acquisition of Senion, the developer of an indoor positioning platform. "Senion's advanced machine-learning sensor fusion technology delivers sub-meter accuracy for precise positioning and navigation of indoor spaces. Senion's employees have joined the Location Technology team within Verizon New Business Incubation, whose mission is to scale new automation businesses, fueled by the inherent orchestration power of 5G," Verizon stated. Reference Link
JPM BSIG

Hot Stocks

12:03 EDT JPMorgan Asset Management acquires Campbell Global, terms not disclosed - J.P. Morgan Asset Management (JPM) has acquired Campbell Global. The terms of the deal with Campbell Global's parent company, BrightSphere Investment Group (BSIG), were not disclosed. The acquisition does not impact current investment strategies for Campbell Global clients. The company said, "Campbell Global is a leader in global timberland investment and natural resource management. Based in Portland, Oregon, the firm has over three decades of experience, $5.3B in assets under management and manages over 1.7M acres worldwide with over 150 employees. All employees will be retained and Campbell Global will remain headquartered in Portland. The deal will make J.P. Morgan a significant benefactor for thriving forests around the world, including in 15 U.S. states, New Zealand, Australia and Chile. Carbon sequestration in forests worldwide will play an important role in carbon markets, and J.P. Morgan Asset Management expects to become an active participant in carbon offset markets as they develop." The investment offering will sit within J.P. Morgan's $168B AUM Global Alternatives franchise, and will tap into the continued growth of private markets. The transaction is expected to close in the third quarter.
AZRE

Hot Stocks

12:00 EDT Azure Power falls -11.2% - Azure Power is down -11.2%, or -$2.89 to $22.94.
BTCM

Hot Stocks

12:00 EDT BIT Mining Limited falls -14.9% - BIT Mining Limited is down -14.9%, or -$1.41 to $8.06.
RERE

Hot Stocks

12:00 EDT AiHuiShou falls -19.4% - AiHuiShou is down -19.4%, or -$3.34 to $13.87.
NOA

Hot Stocks

12:00 EDT North American Construction rises 11.8% - North American Construction is up 11.8%, or $1.67 to $15.79.
FIGS

Hot Stocks

12:00 EDT Figs rises 12.6% - Figs is up 12.6%, or $4.58 to $40.98.
LDL

Hot Stocks

12:00 EDT Lydall rises 82.3% - Lydall is up 82.3%, or $27.41 to $60.70.
SONY OTGLY

Hot Stocks

11:23 EDT CD Projekt's 'Cyberpunk 2077' available on PS Store after December removal - Sony's (SONY) PlayStation Twitter account said that CD Projekt's (OTGLY) "Cyberpunk 2077" is now available at PlayStation Store. Work on the PS4 version continues, with fixes and updates to be released throughout the year, Sony said. For the best experience on PlayStation, playing on PS4 Pro or PS5 consoles is recommended, the company added. The Fly notes that "Cyberpunk" was removed from the PS Store shortly after its December 2020 release as the game launched with a litany of bugs, glitches, and other technical shortcomings. Reference Link
DASH ACI

Hot Stocks

11:03 EDT DoorDash rallies 1% to $169.30 after announcing Albertsons partnership
INTC

Hot Stocks

11:03 EDT Intel announces new additions to product portfolio for 5G and edge - Intel showcased "multiple groundbreaking network deployments powered by its technology" and unveiled the Intel Network Platform today as part of its MWC 2021 virtual event, the company announced. Intel also announced new additions to its "leading product portfolio" for 5G and edge, that it said reaffirms its "position as the leading network silicon provider." The company noted that "nearly all" commercial virtual radio access network, or vRAN, deployments are running on Intel technology. In the years ahead, it sees global vRAN base station deployments scale, from hundreds to "hundreds of thousands," and eventually millions, Intel added.
DASH ACI

Hot Stocks

11:03 EDT DoorDash, Albertsons partner to launch on-demand grocery delivery - DoorDash (DASH) and Albertsons Companies (ACI) announced a new partnership to offer on-demand grocery delivery from nearly 2,000 Albertsons banner stores from the DoorDash marketplace app. Albertsons will offer more than 40,000 grocery items from stores for delivery via DoorDash, including fresh and prepared food, core grocery, floral and convenience items at select stores, the companies said in a statement. The partnership "includes both immediate and long-term initiatives, including supporting the expansion of Albertsons' first-party grocery delivery business with DoorDash Drive, launching a custom loyalty program, expanding delivery hours, and offering a unique selection including specialty items, prepared meals, meal kits and new concepts," they added. All Albertsons stores will be available on DashPass, DoorDash's membership program.
FTDR

Hot Stocks

11:02 EDT Frontdoor appoints Tony Bacos as SVP, chief digital officer - Frontdoor (FTDR) announced that Tony Bacos has joined the company as its first senior vice president and chief digital officer. This is a new role for Frontdoor. In this role, Bacos will be responsible for the strategy and execution of technology initiatives and investments across the organization. This role will play a critical part in Frontdoor's continued transformation and will include crafting the vision for future technology and shepherding the company's engineering, product management, data science, machine learning, user experience, data security and corporate technology teams. Bacos recently served as vice president and chief technology officer for Amazon Fashion (AMZN).
KL

Hot Stocks

10:38 EDT Kirkland Lake Gold introduces automatic share purchase plan - Kirkland Lake Gold announced that it has entered into an automatic share purchase plan with its designated broker to facilitate repurchases of Kirkland Lake Gold's common shares under its previously announced normal course issuer bid. The ASPP is intended to allow for the purchase of Shares under the NCIB at times when the Company may not ordinarily be permitted to purchase its shares due to regulatory restrictions and self-imposed blackout periods. Under the current terms of the NCIB previously announced which commenced June 9, 2021, Kirkland Lake Gold can purchase up to 26,694,051 Shares until the expiry of the NCIB on June 8, 2022. Pursuant to the ASPP, the designated broker may purchase up to 5,000,000 Shares until the expiry of the NCIB on June 8, 2022. Such purchases will be determined by the broker at its sole discretion based on the purchasing parameters set out by the Company in accordance with the rules of the Toronto Stock Exchange, applicable securities laws and the terms of the ASPP. The ASPP has been pre-cleared by the TSX and shall be implemented effective today, June 21, 2021. The ASPP will terminate on the earlier of the date on which: the NCIB expires; and the Company terminates the ASPP in accordance with its terms. Outside of the ASPP, Shares may continue to be purchased under the NCIB based on management's discretion, in compliance with the rules of the TSX and applicable securities laws. All purchases made under the ASPP will be included in the number of Shares available for purchase and cancellation under the NCIB.
GS

Hot Stocks

10:32 EDT Supreme Courts sends shareholder suit against Goldman back for more proceedings - Shareholders have filed a securities-fraud class action alleging that The Goldman Sachs Group and certain of its executives violated securities laws and regulations prohibiting material misrepresentations and omissions in connection with the sale of securities, noted the Supreme Court in a ruling posted to its site. The Second Circuit authorized an appeal under Federal Rule of Civil Procedure 23(f), and affirmed in a divided decision, finding that the District Court's price impact determination was not an abuse of discretion. Goldman has argued that the Second Circuit erred twice: first, by holding that the generic nature of Goldman's alleged misrepresentations is irrelevant to the price impact inquiry; and second, by assigning Goldman the burden of persuasion to prove a lack of price impact. In its own decision, the Supreme Court held some of the prior rulings, vacated some of the prior rulings and remanded the case for further proceedings. Reference Link
MDT

Hot Stocks

10:02 EDT Medtronic receives FDA expanded approval for Arctic Front - Medtronic announced it received Food and Drug Administration expanded approval for the Arctic Front Family of Cardiac Cryoablation Catheters for the treatment of recurrent symptomatic paroxysmal atrial fibrillation as an alternative to antiarrhythmic drug therapy as an initial rhythm control strategy. The expanded indication is based on results from STOP AF First, a prospective, multicenter randomized study that demonstrated superior efficacy of the Medtronic cryoablation procedure for preventing atrial arrhythmia recurrence compared to the use of AAD therapy. "Expanded FDA approval, coupled with the growing body of clinical evidence, demonstrate cryoablation as a first-line treatment is a more effective solution for preventing atrial arrhythmia recurrence," said Oussama Wazni, M.D., section head, Electrophysiology, Cardiovascular Medicine, Cleveland Clinic and principle investigator for the STOP AF First clinical trial. "With this new indication, physicians now have more options to treat AF earlier, and we've seen that patients do better when treated earlier. Patients can now be referred for a cryoablation to effectively control their AF rather than trying drug therapy first, potentially allowing them get back to living their lives without the added anxiety of progressing AF symptoms and potential health complications."
BTCM

Hot Stocks

10:00 EDT BIT Mining Limited falls -8.8% - BIT Mining Limited is down -8.8%, or -83c to $8.64.
AHT

Hot Stocks

10:00 EDT Ashford Hospitality falls -9.4% - Ashford Hospitality is down -9.4%, or -48c to $4.61.
RERE

Hot Stocks

10:00 EDT AiHuiShou falls -12.7% - AiHuiShou is down -12.7%, or -$2.19 to $15.02.
BPT

Hot Stocks

10:00 EDT BP Prudhoe Bay rises 7.8% - BP Prudhoe Bay is up 7.8%, or 39c to $5.39.
DLNG

Hot Stocks

10:00 EDT Dynagas LNG rises 13.2% - Dynagas LNG is up 13.2%, or 37c to $3.18.
LDL

Hot Stocks

10:00 EDT Lydall rises 80.8% - Lydall is up 80.8%, or $26.91 to $60.20.
KEP

Hot Stocks

09:47 EDT Korea Electric Power falls -5.3% - Korea Electric Power is down -5.3%, or -62c to $11.02.
AHT

Hot Stocks

09:47 EDT Ashford Hospitality falls -9.6% - Ashford Hospitality is down -9.6%, or -49c to $4.60.
BTCM

Hot Stocks

09:47 EDT BIT Mining Limited falls -11.5% - BIT Mining Limited is down -11.5%, or -$1.09 to $8.38.
DV

Hot Stocks

09:47 EDT DoubleVerify rises 5.8% - DoubleVerify is up 5.8%, or $2.24 to $40.89.
ZIP

Hot Stocks

09:47 EDT ZipRecruiter rises 6.3% - ZipRecruiter is up 6.3%, or $1.33 to $22.59.
LDL

Hot Stocks

09:47 EDT Lydall rises 81.1% - Lydall is up 81.1%, or $27.00 to $60.29.
GROY

Hot Stocks

09:45 EDT Gold Royalty Corp trading resumes
WING

Hot Stocks

09:42 EDT Wingstop announces launch of new virtual brand 'Thighstop' - Wingstop earlier announced its launch of Thighstop, a "new thigh concept with more than 1,400 locations nationwide." Charlie Morrison, CEO of Thighstop, said: "Wingstop pioneered the concept of chicken wings as a center-of-the-plate item. Although Thighstop is in its infancy, we've been exploring bone-in and boneless thighs as center-of-the-plate options for some time now as a way to offer fans new ways to enjoy Wingstop's bold, distinctive and craveable flavors. We're excited to bring Thighstop to the masses in a way that's familiar and convenient to consumers by providing the option of delivery or carryout through our delivery partner DoorDash."
OCGN

Hot Stocks

09:35 EDT Ocugen appoints Ken Inchausti as head, investor relations & communications - Ocugen announced that Ken Inchausti has joined the company as Head, Investor Relations & Communications. Mr. Inchausti will oversee the company's investor relations activities, corporate communications and strategic positioning, leading issues management strategy and proactive media and social media relations programming. Inchausti joins Ocugen from Novo Nordisk Inc., where he was Senior Director, Reputation & Brand, leading corporate media relations, executive visibility, reputation strategy and research, crisis and issues management and corporate communications for the US affiliate.
AYI

Hot Stocks

09:34 EDT Acuity Brands launches Acuity Anywhere hybrid work model - Acuity Brands announced the launch of Acuity Anywhere, a hybrid work model with all jobs either classified as Onsite, Flexible, or Remote. Onsite associates work within Acuity facilities, Flexible associates split their time between an Acuity facility and a home office, and Remote associates primarily work from home. Acuity Anywhere allows associates to contribute, grow professionally and achieve results whether they work onsite or remotely.
THTX

Hot Stocks

09:33 EDT Theratechnologies announces preclinical findings for TH1902 - Theratechnologies announced new preclinical in vivo findings on the anti-metastatic effect and tolerability of its novel investigational proprietary peptide-drug conjugate, TH1902. These results demonstrate that TH1902 has better anti-metastatic activity when compared to docetaxel alone when administered at an equimolar concentration in a lung metastasis cancer model expressing the sortilin receptor. Metastasis is a form of cancer that has spread from its original site to a distant site or organ where it grows or metastasizes. It is well-known that the survival rate for metastatic cancer is low. The Company intends to present these findings at an upcoming scientific meeting.
AQST

Hot Stocks

09:32 EDT Aquestive Therapeutics appoints A. Ernest Toth to SVP, CFO - Aquestive Therapeutics announced that A. Ernest Toth, Jr., a seasoned financial executive and currently serving the Company as the interim Chief Financial Officer, has transitioned to the permanent role of Senior Vice President and Chief Financial Officer effective immediately.
GNUS

Hot Stocks

09:31 EDT Genius Brands appoints Cynthia Turner-Graham to board of directors - Genius Brands International announced the appointment of Dr. Cynthia Turner-Graham to the Company's Board of Directors. Cynthia Turner-Graham, MD, is a board-certified psychiatrist and Distinguished Life Fellow of the American Psychiatric Association, who brings over 40 years of experience in the healthcare industry as a practicing psychiatrist, healthcare administrator and community leader.
DUK

Hot Stocks

09:31 EDT Duke files with NRC to renew Oconee Nuclear Station's operating licenses - Duke Energy announced it has filed an application with the U.S. Nuclear Regulatory Commission, or NRC, to renew Oconee Nuclear Station's operating licenses for an additional 20 years. Oconee's operating licenses remain current through the early 2030s; the subsequent, or second, license renewal would extend the operating licenses to 2053 and 2054. This is the first Duke Energy nuclear station application submitted to the NRC for subsequent license renewal, the company noted. The company announced in 2019 it will seek to renew the operating licenses of the 11 reactors it operates at six sites for an additional 20 years.
BMIX

Hot Stocks

09:31 EDT Brazil Minerals to begin lithium drilling campaign - Brazil Minerals announced that plans are underway to begin its first lithium drilling campaign in its hard-rock lithium project in northern Minas Gerais. The area to be drilled is known to contain spodumene and lepidolite, both lithium-bearing minerals. This initial drilling campaign will entail at least six drill holes with completion in the third quarter of 2021. It is expected that the results of this campaign will allow for an initial technical report with estimation of lithium grade and mineralization volume.
IEA

Hot Stocks

09:30 EDT Infrastructure and Energy Alternatives to be added to Russell 3000 Index - Infrastructure and Energy Alternatives announced that the Company is set to join the broad-market Russell 3000 Index as part of this year's rebalance according to a preliminary list of additions posted on June 4, 2021. The change will become effective one week from today after the market opens on Monday, June 28, 2021.
PRVA

Hot Stocks

09:29 EDT Privia Health to be added to Russell 2000 Index - Privia Health Group announced that it is set to join the Russell 2000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021.
BABA

Hot Stocks

09:29 EDT Alibaba, Berry Oncology partner to create China's cancer screening ecosystem - Berry Oncology Corporation, a member company of Berry Genomics, and Alibaba Health have signed a strategic agreement to jointly build a comprehensive cancer screening and prevention ecosystem based on a strategy that combines internet connectivity, early cancer screening technology and medical safety. "Alibaba Health and Berry Oncology have unique advantages in their respective fields, and this partnership will bring results greater than the sum of its parts. Both parties will make use of their unique strengths to provide patients and families with technology, healthcare and comprehensive, guaranteed service... We will continue to expand our early tumor screening product lines and inject new momentum into research in early screening for China's high-incidence tumors in order to provide better healthcare and ultimately realize the mission of 'Diagnose all cancers early, treat all patients precisely,'" said Berry Oncology CEO Zhou Jun.
RXT

Hot Stocks

09:29 EDT Rackspace Technology spearheads digital transformation for BFC Group - Rackspace Technology has announced that BFC Group Holdings is shifting its core application and supporting systems to Amazon Web Services. The migration creates a robust platform for BFC to focus on delivering seamless financial services to customers without the complexity of managing and maintaining a vast data centre. Rackspace Technology has helped BFC migrate its core application and supporting systems to the AWS public cloud while providing ongoing management and consultancy services.
NOK...

Hot Stocks

09:26 EDT Nokia, Dish to deploy first 5G standalone core network in public cloud - Nokia (NOK) said it will deploy its 5G standalone Core for DISH (DISH) on Amazon Web Services, Inc. (AMZN). While DISH previously announced agreements with both companies, this news marks the world's first deployment of 5G in the public cloud, supporting DISH's cloud-native, OpenRAN-based 5G network with high-level scale, performance and security. Nokia is deploying 5G SA Core on AWS to enable automation required to meet evolving customer needs, allowing DISH to support new enterprise and consumer 5G use cases quickly, securely and across multiple cloud stacks at end customer premises. Nokia 5G SA Core on AWS allows DISH to offer the responsiveness, flexibility and efficiency that is needed to create innovative new services for its customers, while leveraging automation for ongoing operations and unlocking crucial capabilities, such as network slicing.
SPG

Hot Stocks

09:26 EDT Simon Property board increases quarterly dividend 7.7% to $1.40 per share - Simon, a global leader in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced a 7.7% increase in its common stock dividend for the second quarter 2021. Simon's Board of Directors has declared a $1.40 per common share dividend, payable in cash, for the second quarter 2021. The dividend will be payable on July 23, 2021 to shareholders of record at the close of business on July 2, 2021.
ITPOF

Hot Stocks

09:25 EDT Intertape Polymer publishes 2020 annual sustainability report - Intertape Polymer Group published its 2020 annual sustainability report, titled "Our Circular Economy". The report provides an overview of the Company's sustainability progress in 2020 and highlights future opportunities. The report was prepared in accordance with the Global Reporting Initiative: Core option, with details provided in the index section of the report. "We believe sustainability is one of the core growth drivers of our business in the long term. Packaging and protective solutions manufacturers that are recognized as thought leaders and bring innovative solutions to customers will be positioned for outsized growth while embedding themselves as good corporate citizens amongst their stakeholders," said Greg Yull, President and CEO of IPG. "We embrace sustainability at IPG as a way to conduct ourselves every day. Practicing respect toward one another and our communities, delivering innovations and striving for efficiencies and eliminating waste in the use of raw materials, water and energy are inherent to our values. This year's report details our approach toward sustainability, our achievements and where we have more work to do. The report builds on our prior work and enhances our disclosure, including a materiality assessment to guide our strategy and judge our performance against."
STM

Hot Stocks

09:24 EDT STMicroelectronics announces solution for Qi-certfied chargers - STMicroelectronics is protecting wireless charging of small devices and mobiles with a convenient solution for authenticating certified Qi chargers. Wireless charging, enabled on an increasing variety of smartphones and wearables, is creating opportunities for innovations that offer extra value for users. These include furniture with built-in charging pads, cars that position the charging pad to keep mobiles safely out of reach while driving, and easy charging in hospitality locations such as cafes and restaurants. Chargers must be properly designed to protect consumers' products, particularly in high-power, fast-charging modes. The Qi logo is awarded after testing and certifying in accordance with the WPC-Qi specifications. STSAFE secure elements are loaded with official Qi Certificates and provide authentication that leverages state-of-the-art cryptography. The solutions clearly identify the charger and strictly attest to its authenticity as a Qi-certified product.
AIM

Hot Stocks

09:23 EDT AIM ImmunoTech completes all treatments in Phase 1 study of ampligen - AIM ImmunoTech announced that all subjects have completed treatment in the Company's Phase 1 clinical study to assess the safety, tolerability and biological activity of Ampligen as a potential intranasal therapy. A final study report is expect in the third quarter of 2021. A total of 40 healthy subjects received either Ampligen or a placebo in the trial, with the Ampligen given at four escalating dosages across four cohorts, to a maximum level of 1,250 micrograms. The study reported no Severe Adverse Events at any dosage level. With these preliminary results in hand, the Company is now moving forward with the initial planning and negotiations for a follow-up Phase 2 study testing Ampligen as a potential broad-spectrum respiratory virus prophylaxis. Unlike other drugs tailored to combat specific diseases, Ampligen targets and amplifies the natural immune system pathways that fight viruses, meaning that Ampligen delivered via an intranasal device could be an effective preventive therapy for people who may be exposed to, or have recently been exposed to, a respiratory virus such as influenza, or even common coronaviruses and rhinoviruses. This Phase 2 study will test this proposition in humans. A successful Phase 2 study could also establish Ampligen as a potential prophlyaxis against future viral variants and future novel respiratory viruses for which there are no current therapies. Moreover, an Ampligen prophylaxis could potentially benefit vulnerable populations who are at increased risk of transmission due to their environments, such as hospital workers; people on cruises, cargo or miltary ships; people on commercial airplanes; and service personnel in close quarters on military installations.
SB

Hot Stocks

09:22 EDT Safe Bulkers refinances $70M of loan facilities - Safe Bulkers announced that the Company has entered into a credit facility of $70.0 million with a five-year tenor, comprising of a term loan tranche of $30.0 million and a reducing revolving credit facility tranche providing for a draw down capacity of up to $40.0 million, with respect to seven vessels. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company. The proceeds from the credit facility will refinance loan facilities of $64.3 million, in respect of eight vessels maturing in 2023, seven of which will secure the new credit facility and one of which will remain debt free. The company does not intend to utilize the full capacity of the revolving credit facility tranche at this time. The refinancing transaction was evaluated and approved by the Board of Directors of the Company, excluding an independent member of the Board of the Company, who serves as the Chief Executive Officer of the financial institution that is the lender in the transaction. As of March 31, 2021, we had $607.6 million of outstanding debt. Following voluntary debt prepayments and debt payments in relation to vessels sales or debt refinancing in the aggregate amount of $106.9 million, scheduled principal payments of $4.5 million and loan drawdown of $30.5 million, we had as of June 18, 2021, outstanding debt of $526.7 million. On a pro-forma basis following this refinancing and assuming no draw down under the revolving credit facility, we will have outstanding debt of $500.2 million and availability of $67.5 million under our revolving credit facilities.
GRA

Hot Stocks

09:21 EDT W.R. Grace announces 2021 FCC catalyst pricing actions - W. R. Grace & Co. stated that it will increase prices for its Fluid Catalytic Cracking catalysts by 3 to 9 percent in 2021 based on product type and specific customer commitments. This increase will be effective July 1, 2021 or as contracts allow. As the global refining industry recovers from the pandemic and margins for refined products have strengthened, Grace is seeing significant interest from refiners to rapidly return to using premium catalyst technologies to increase FCC unit profitability. Premium catalysts help relieve operating constraints, facilitate increased operating rates, and maximize product yields, thereby increasing profitability for refineries.
AAPL...

Hot Stocks

09:21 EDT German watchdog to examine Apple's 'digital ecosystem' - Germany's Federal Cartel Office said in a statement that it has initiated a proceeding against the technology company Apple (AAPL) based on the new competition law rules for large digital companies. This is the fourth large digital company against which the authority is taking action based on this new competition law tool. In the past months, the Bundeskartellamt has already initiated similar investigations against Facebook (FB), Amazon (AMZN) and Google (GOOGL). The Bundeskartellamt has initiated the first step against Apple in a proceeding to determine whether the company is of paramount significance across markets. An ecosystem which extends across various markets may be an indication that a company holds such a position. It is often very difficult for other companies to challenge such a position of power. Based on this first proceeding, the Bundeskartellamt intends to assess in more detail specific practices of Apple in a possible further proceeding. In this regard, the authority has received various complaints relating to potentially anti-competitive practices. These include, among others, an association complaint from the advertising and media industry against Apple restricting user tracking with the introduction of its iOS 14.5 operating system, and a complaint against the exclusive pre-installation of the company's own applications as a possible type of self-preferencing prohibited under Section 19a GWB. Andreas Mundt, President of the Bundeskartellamt: "We will now examine whether with its proprietary operating system iOS, Apple has created a digital ecosystem around its iPhone that extends across several markets. Apple produces tablets, computers and wearables and provides a host of device-related services. In addition to manufacturing various hardware products, the tech company also offers the App Store, iCloud, AppleCare, Apple Music, Apple Arcade, Apple TV+ as well as other services as part of its services business. Besides assessing the company's position in these areas, we will, among other aspects, examine its extensive integration across several market levels, the magnitude of its technological and financial resources and its access to data. A main focus of the investigations will be on the operation of the App Store as it enables Apple in many ways to influence the business activities of third parties." Reference Link
IIVI

Hot Stocks

09:20 EDT II-VI introduces heated ion implantation foundry services for 150 mm wafers - II-VI Incorporated announced the introduction of heated ion implantation foundry services for 150 mm silicon carbide wafers.The growing interest in clean energy is accelerating the electrification of the global energy and transport infrastructure and driving the demand for power electronics with high reliability that can be produced at scale. II-VI now offers the world's most advanced ion implantation foundry services and support for state-of-the-art 150 mm diameter SiC wafers. II-VI's ion implantation process enables highly reliable power electronics by running at temperatures of up to 650 C to anneal the crystal structure dynamically and eliminate defects. The process provides a very high level of doping precision, both in terms of depth and concentration.
RXDX

Hot Stocks

09:19 EDT Prometheus achieves $10M milestone payment from Dr. Falk Pharma - Prometheus Biosciences announced it has received a $10 million milestone payment from Dr. Falk Pharma GmbH under its collaboration agreement to develop and commercialize Prometheus' second program, PR600. Prometheus has selected a clinical candidate for PR600, targeting an undisclosed member of the tumor-necrosis factor superfamily for the treatment of IBD and is initiating IND-enabling studies. Under the collaboration agreement, which was executed in July 2020, Prometheus and Dr. Falk will share responsibility for the global development of PR600, with Dr. Falk contributing a certain portion of the external development costs associated with PR600 and its companion diagnostic. Dr. Falk acquired exclusive rights to commercialize PR600 in Europe, Australia and New Zealand, and Prometheus retains exclusive rights to commercialize PR600 in the United Stated and rest of world.
EOSE

Hot Stocks

09:19 EDT Eos Energy Enterprises announces inclusion in Russell 3000 Index - Eos Energy Enterprises announced it will join the broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.
MNRO

Hot Stocks

09:18 EDT Monro publishes corporate responsibility report - Monro released its inaugural Corporate Responsibility Report, Monro.Forward Responsibly, which covers fiscal year 2021. The report highlights the actions Monro is taking every day to care for its Teammates and customers, make a positive impact on the communities where it operates, and act as a good steward of the environment. Highlights and progress addressed in the report include: Strengthening the Board of Directors' ESG oversight through delegation of primary oversight to our re-named Nominating and Corporate Responsibility Committee. Enhancing Teammate engagement and prioritizing safety by conducting more robust and structured trainings and a commitment to offer Teammates clearly defined career paths, which have resulted in the lowest turnover rates in more than five years. Fostering diversity, equity and inclusion at all levels of the Company through our Teammate Resource Group and our training and recruiting initiatives. Making a positive impact in the communities where our Teammates work and live by volunteering and investing in more social programs that align with our mission and vision, which include providing access to basic needs for individuals and families. Reducing our energy footprint by including energy saving initiatives such as LED lighting and energy efficient signage in our store refreshment plan.
NOA

Hot Stocks

09:17 EDT North American Construction awarded infrastructure project - North American Construction Group along with its partners Acciona and Shikun & Binui announced the award of a landmark flood mitigation project in the United States. The US$2.75 billion project includes operations and maintenance for a 30-mile river diversion channel around the Fargo-Moorhead-West Fargo metro area and will carry storm water from the Red River away from population centers. The Metro Flood Diversion Authority of Fargo-Moorhead selected the consortium of NACG, Acciona, and Shikun & Binui in an international tender for this Public-Private Partnership contract to design, build, finance, operate and maintain the flood diversion canal for a period of 29 years following completion of the project. The consortium members are operating as the Red River Valley Alliance. NACG anticipates that its share of the project revenue will be approximately C$600 million over the term of the contract. The project will demonstrate NACG's ability to bring its earth works experience in building climate resilient infrastructure to a landmark project in the United States. The Fargo-Moorhead Floodwater Diversion Project grew out of studies following the historic Red River Flood of 1997. The diversion canal is a considered a climate change mitigation project intended to address the threat of so-called 100-year floods. Once completed, it will protect more than 235,000 people in major population centers between Fargo and Moorhead from catastrophic flooding and loss of property. Financial close is expected later in the year. NACG and its partners will be responsible for the construction of the 30-mile river diversion channel which will carry storm water north and away from population centers. The contract includes the construction of the diversion channel and associated infrastructure including bridges, rail crossings and aqueducts.
SEM

Hot Stocks

09:16 EDT Select Medical announces hospital, clinic acquisitions - Select Medical announced that it has entered into a series of transactions that will result in the company operating seven new critical illness recovery hospitals, licensed as long-term acute care, and eight new outpatient clinics through acquisitions and new joint venture partnerships. The transactions are subject to regulatory approval and expected to close by Q3/Q4 2021. Expanding its presence in Nashville, Select Medical has entered into a joint venture partnership with Ascension Saint Thomas to establish a new 30-bed critical illness recovery hospital inside Ascension's Saint Thomas Hospital West. It will be branded Select Specialty Hospital - Nashville West and be a satellite hospital to Select Specialty Hospital - Nashville, a 70-bed critical illness recovery hospital that has served the region since 1998. Select Medical signed a joint venture partnership to acquire an ownership interest and management services for eight HealthWorks Rehab & Fitness clinics in West Virginia. The deal also marks Select Medical's entrance into the state for outpatient physical therapy services. "Select Medical treats 82,000 patients a day across our post-acute care continuum. Since the outset of the COVID-19 pandemic, more than 16,000 patients requiring liberation from ventilators and extended specialty care as well as inpatient and outpatient rehabilitation have come through the doors of our hospitals, clinics and centers. The ability to extend that level of healthcare, quality and outcomes to new communities through these new joint venture partnerships is a privilege," said David Chernow, president and chief executive officer of Select Medical.
EGLX

Hot Stocks

09:16 EDT Enthusiast Gaming announces closing of over-allotment option - Enthusiast Gaming Holdings announced that the underwriters of the Company's recently announced USD$46 million public offering of 8,000,000 common shares in the capital of the Company at a price of USD$5.75 per share have exercised their over-allotment option in full to purchase an additional 1,200,000 Common Share at the Offering Price. Enthusiast Gaming and Blue Ant Media, one of the Company's shareholders, granted the Underwriters the Over-Allotment Option, solely to cover the Underwriters' over-allocation position, if any, and for market stabilization purposes. Pursuant to the exercise of the Over-Allotment Option, the Company offered and sold a total of 600,000 Common Shares, and an aggregate of 600,000 Common Shares were offered and sold by Blue Ant resulting in aggregate gross proceeds of USD$6,900,000, with the Company and the Selling Shareholder each receiving gross proceeds of USD$3,450,000. The net proceeds from the OAO Treasury Offering, together with the proceeds from the Offering, are expected to be used by the Company primarily to strengthen its financial position, inclusive of future acquisitions, working capital, repayment of indebtedness and other general corporate purposes, as more particularly described in the final prospectus supplement dated June 10, 2021.
WRAP

Hot Stocks

09:15 EDT Wrap Technologies announces expiration of warrants - Wrap Technologies announced that the exercise period of warrants issued in connection with the Company's 2019 offering of units consisting of common stock and warrants expired on Friday, June 18, 2021 and unexercised warrants are no longer exercisable. As part of its 2019 Unit Financing, the Company issued 1,923,076 warrants to participating investors, each exercisable at $6.50 per share, and 153,846 warrants to the placement agents for the 2019 Unit Financing, each exercisable at $8.125 per share. A total of 2,076,922 warrants, representing 99.9% of the warrants issued in connection with the 2019 Unit Financing, were exercised during the two-year term for proceeds to the Company of approximately $12.5 million. Approximatley $12.05 million of these proceeds were received this fiscal quarter to date ending on June 30, 2021.
NOK

Hot Stocks

09:14 EDT Lufthansa Technik brings Nokia 5G networking into commercial deployment - Nokia today announced that following trials, technical aircraft services provider Lufthansa Technik has recently brought Nokia 5G private wireless networking into full-time commercial deployment at its facility in Hamburg, Germany. Throughout a recently completed year-long pilot, and despite pandemic-related travel restrictions, 5G networking has enabled Lufthansa Technik to provide virtual engine parts inspection for its civil aviation customers over fast, high-definition video links.
MEEC

Hot Stocks

09:13 EDT Midwest Energy Emissions to initiate testing on REE technology - Midwest Energy Emissions announced that the Company has retained the Pennsylvania State University's College of Earth and Mineral Sciences to evaluate the Company's Rare Earth Element Technology's capture capacity and regeneration potential under certain conditions. The evaluation period is set to begin in June and run through the end of September 2021.
RESN

Hot Stocks

09:12 EDT Resonant announces upgraded WaveX design software - Resonant announced WaveX, Resonant's upgraded finite element modeling software platform used for designing RF filters. WaveX is the upgraded version of Resonant's legacy Infinite Synthesized Networks design software. The new platform delivers full 3D finite element modeling simulation capability to design RF filters, and leverages a hybrid multi-cloud, large-memory GPU-powered implementation.
AYRWF

Hot Stocks

09:11 EDT AYR Strategies opens third Pennsylvania dispensary in Gibsonia - Ayr Wellness announced the opening of the third Ayr medical dispensary in the Commonwealth of Pennsylvania, located in Gibsonia, a suburb of Pittsburgh. The Ayr Wellness dispensary is the third in the state opened by CannTech PA, LLC, a wholly-owned Ayr subsidiary. The strategic location, just off Route 8 at 112 Northtowne Square, Gibsonia, PA 15044, will see over 33,000 cars drive by per day. The 8,000 sq. ft. facility has 45 parking spaces and is designed to fit up to 30 point-of-sale stations. The dispensary will employ ~20 people from the local community and is located in the building that once housed King's Restaurant, an iconic family staple that has been closed since the beginning of the COVID-19 pandemic. Ayr Wellness will be the first dispensary located in Gibsonia and the surrounding area. It will feature curbside pickup and on-line reservations, a diverse product selection and will be open seven days a week.
EHTH

Hot Stocks

09:11 EDT CipherHealth, eHealth enter new partnership to automate patient outreach - Patient engagement leader CipherHealth announced that it has forged a new strategic partnership with leading online health insurance marketplace eHealth to "help hospitals and health systems better educate patients about their Medicare coverage options and the value of Medicare Advantage plans," the company said. CipherHealth and eHealth enable hospitals and health systems to help their patients navigate care and coverage decisions. The combination of eHealth's omni-channel Medicare navigation and enrollment platform and CipherHealth's automated outreach solutions support: Patient engagement; Medicare payer strategies; Patient retention; Value-based strategies; and Growth and patient acquisition. "CipherHealth's partnership with eHealth helps us further our mission of empowering purposeful healthcare conversations," says Alexander Hejnosz, CipherHealth's Chief Strategy Officer. "In addition to providing solutions for new member onboarding, utilization avoidance, care gap closure, and health maintenance reminders, helping health systems with eHealth's powerful, intuitive tools makes our engagement platform even more comprehensive. It also addresses a major pain point uncovered by talking to our customers - namely, the need to close the gap between patients' network of trusted providers and their available Medicare insurance options."
MRCQF

Hot Stocks

09:11 EDT Mercer Park Brand Acquisition sets closing date for Glass House merger - Mercer Park Brand Acquisition Corp. is updating the status of its proposed merger with GH Group. The Company and GH Group have agreed that the closing conditions of the transaction have been met and have set a closing date of on or about June 29, 2021. An amended Merger Agreement containing minor modifications to facilitate closing arrangements will be filed with Canadian securities regulatory authorities shortly. As previously announced, with the business combination the Company and GH Group intend to create the largest cannabis brand-building platform in California, the world's largest cannabis market. GH Group will support its existing and future portfolio of brands with unmatched capacity and distribution in the state. The combined company has planned expansions to reach 6 million ft2 of cultivation in state-of-the-art greenhouses, representing by far the largest capacity of any cannabis operator in California and an anticipated retail footprint of 21 operational dispensaries by Q1 2022, more than double the next largest retail operator in the state.
ALGN

Hot Stocks

09:10 EDT Align Technology introduces Charli D'Amelio x Invisalign Aligner Case - Align Technology announced its first limited-edition product, the Charli D'Amelio x Invisalign Aligner Case, created exclusively for the Invisalign brand by social media star Charli D'Amelio. The Charli D'Amelio x Invisalign Aligner Case features a pink exterior, lavender interior, and printed text with Charli's signature mantra, "All Smiles Here." A magnetic closure ensures the case stays securely fastened and a textured liner minimizes movement while in transit. Cases will be available for $24.99 each and can be purchased from the official Invisalign store.
EARS

Hot Stocks

09:09 EDT Auris Medical announces puvlication of results from study with OligoPhore - Auris Medical Holding announced the publication of results from an in vivo study demonstrating significant inhibition of tumor growth by siRNA knock-down of NF-B employing its OligoPhoreTM technology in Adult T-cell Leukemia Lymphoma. The article titled "Targeting NF-B with nanotherapy in a mouse model of adult T-cell leukemia / lymphoma" was published in Nanomaterials, an international peer-reviewed open-access journal. The study was performed jointly by research groups at Washington University, St. Louis MO, and the University of South Florida, Tampa FL. The researchers developed and evaluated RNA nanoparticles based on Auris Medical's OligoPhoreTM peptide carrier and siRNA targeting simultaneously two NF-B signaling pathways. NF-B is a protein complex that plays a key role in regulating the immune response to infection and is critical for tumor progression in ATLL. The siRNA nanoparticles were administered systemically to two groups of mice with either spontaneous ATLL tumor growth or tumor cell transplantation. The study demonstrated rapid delivery of siRNA to the tumor and significant reduction of target mRNA and protein expression, which altered the natural history of subsequent tumor progression. Tumor size, spleen size, and peripheral blood lymphocyte counts were significantly lower in treated mice compared to controls, and tumor growth was reduced to near zero in the most aggressive tumors. Further, the siRNA nanoparticles sensitized late-stage ATLL tumors to conventional chemotherapy with etoposide. ATLL is a rare and aggressive type of non-Hodgkin's lymphoma of mature T cells caused by the Human T-cell Leukemia / Lymphotropic Virus type 1. It can be found in the blood, lymph nodes, skin or other parts of the body. There are 5-10 million people infected with HTLV 1 globally, and it is estimated that 61 out of 100,000 of carriers will develop ATLL annually. The virus is endemic to Japan, sub Saharan Africa, South America, the Caribbean, central Australia, the Middle East, and Romania. Most cases are not curable with current treatments, even when diagnosed early. The 5-year survival rate is 23.4% with a median survival of 11 months. Overall survival has remained unchanged since the disease was first described.
SEM

Hot Stocks

09:08 EDT Select Medical, Scripps Health, UC San Diego Health enter joint partnership - Select Medical, Scripps Health, and UC San Diego Health announced they have entered a joint venture partnership to serve the unmet post-acute critical illness recovery care needs of San Diego and surrounding communities. For Select Medical and UC San Diego Health, the agreement is an extension of an existing joint venture formed in 2018. As part of the deal, Scripps Health and UC San Diego Health both purchased interests in Select Medical's existing critical illness recovery hospital, Select Specialty Hospital - San Diego, which is licensed as long-term acute care. Select Medical will retain majority ownership and management of the 110-bed facility. "Since opening Select Specialty Hospital - San Diego in 2019, there has been a steady increase in the need for specialty care among the region's aging population facing chronic, critical illness," said Tom Mullin, executive vice president and chief operating officer of specialty hospitals at Select Medical. "We look forward to partnering with Scripps Health, as well as expanding our relationship with UC San Diego Health, to continue providing world-class post-acute care to Southern California."
GSM

Hot Stocks

09:07 EDT Department of Commerce imposes duties on silicon metal imports from Malaysia - Globe Specialty Metals and Mississippi Silicon, reported on June 17th that the U.S. Department of Commerce will impose final duties of 12.27% on all silicon metal imports from Malaysia. Today's 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 - now, all have resulted in favorable final rulings. On March 24, 2021, the U.S. International Trade Commission 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, 2021, 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. Following today's announcement, the ITC will provide an additional opportunity for comments before making its final determination. The schedule for these activities has not been released.
SNPS

Hot Stocks

09:07 EDT Synopsys to acquire semiconductors, flat panel display solutions from BISTel - Synopsys announced that it has signed a definitive agreement to acquire the semiconductor and flat panel display solutions from BISTel, a leader in engineering equipment systems and AI applications for semiconductor smart manufacturing, headquartered in South Korea. "When completed, the acquisition will broaden Synopsys' industry-leading process control solutions for semiconductor fabs with an integrated and comprehensive yield management and prediction solution to enhance manufacturing quality and efficiency," the company said. The acquisition will also add a team of experienced engineers to accelerate technology development using real-time manufacturing predictive analysis. The transaction is subject to customary closing conditions and is expected to close in Synopsys' fourth quarter of fiscal year 2021. The terms of the deal, which are not material to Synopsys' financials, are not being disclosed.
SEM CYH

Hot Stocks

09:06 EDT Select Medical, Community Health partner to acquire Curahealth Tucson - Select Medical (SEM) and Northwest Healthcare, a subsidiary of Community Health Systems (CYH), announced the formation of a joint venture partnership and acquisition of Curahealth Tucson, a 47-bed long-term acute care hospital. The deal, subject to regulatory approval, is expected to close in early Q3 2021. "We are excited to partner with Northwest Healthcare to provide specialty care to high acuity patients in Tucson and surrounding communities," said Tom Mullin, executive vice president and chief operating officer of specialty hospitals at Select Medical. "This joint venture also further expands Select Medical's post-acute care footprint in Arizona, which now includes three Select Specialty critical illness recovery hospitals and three inpatient rehabilitation hospitals, with a fourth under construction." Under the joint venture, Select Medical and Northwest Healthcare plan to relocate the Curahealth Tucson hospital in September 2021 to the Northwest Transitions building, on the campus of Northwest Medical Center. Curahealth Tucson will be rebranded Select Specialty Hospital - Tucson Northwest and managed by majority owner Select Medical.
SAVA

Hot Stocks

09:05 EDT Cassava Sciences expects cash to support Phase 3 program of simufilam - As of March 31, Cassava Sciences had approximately $282 million in cash. This affords Cassava Sciences a financial runway to support the Phase 3 clinical development program of simufilam. In addition, in May 2021, Cassava Sciences announced a new $2.7 million research grant award from the National Institutes of Health. This NIH research grant is intended to fund clinical readiness activities in support of the upcoming Phase 3 program with simufilam. Net cash use for operations for full-year 2021 is still expected to be approximately $20 to $25 million, with variance depending on how quickly new clinical study sites are onboarded for the Phase 3 program with simufilam and the study's rate of patient enrollment. To support current and future expected clinical progress, Cassava Sciences continues to grow its internal team, while also continuing to rely on an external network of industry experts and scientific advisors. In 2021, the Company expects to significantly increase its square footage of office and R&D space to accommodate growth in its operations. Cassava Sciences is also committed to monitor and, as appropriate, to upgrade its policies and procedures around board-level governance, sustainability and societal goals as it continues to execute its corporate and clinical strategies. To help with such efforts, a new Board member, Richard Barry was recently appointed to the Board of Directors.
SAVA

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09:05 EDT Cassava Sciences to present SavaDx dataset at AAIC - SavaDx is an investigational diagnostic candidate to detect Alzheimer's disease with a simple blood test. SavaDx was evaluated for its ability to detect treatment effects of simufilam versus placebo in a randomized, controlled study completed in 2020. This was a Phase 2b study that enrolled 64 patients with Alzheimer's disease. The SavaDx clinical dataset will be presented at AAIC the week of July 26-30th.
SEM

Hot Stocks

09:05 EDT Select Medical signs definitive agreement to acquire Acuity Healthcare - Select Medical announced it has signed a definitive agreement to acquire Charlotte, NC-based Acuity Healthcare. The purchase will include four long-term acute care hospitals and one satellite serving communities in New Jersey and West Virginia. The deal also includes the establishment of four joint venture partnerships with AtlantiCare, Mon Health, Virtua Health and physician partners. "This agreement represents Select Medical's continued focus to execute strategic joint ventures as part of its growth strategy," said Tom Mullin, executive vice president and chief operating officer of specialty hospitals at Select Medical. "Together, with our new partners, we look forward to serving the specialty care needs of chronic, critically ill patients in these emergent regions." Through the agreement, Select Medical's national network of critical illness recovery hospitals, licensed as long-term acute care, will expand to 104 locations. The Acuity hospitals to be acquired will be renamed Select Specialty Hospital and remain in current New Jersey and West Virginia locations. Select Specialty Hospital - Willingboro, NJ - Virtua Health JV partner. Select Specialty Hospital - Atlantic City, NJ - AtlantiCare JV partner. Select Specialty Hospital - Morgantown, WV - Mon Health JV partner. Select Specialty Hospital - Weirton, WV - Physician JV partners. Select Specialty Hospital - Wheeling, WV - Physician JV partners. The deal is expected to close in Q3 2021, subject to regulatory approval.
SAVA

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09:04 EDT Cassava Sciences to initiate Phase 3 program of simufilam in 2H21 - Cassava Sciences plans to initiate a Phase 3 program of simufilam in Alzheimer's disease in the second half of 2021. A clinical research organization has been selected and will be publicly announced shortly. Large-scale, cGMP drug production capabilities are in-place to support the Phase 3 clinical program. Cassava Sciences' Phase 3 program consists of two double-blind, randomized, placebo-controlled studies in patients with mild-to-moderate Alzheimer's disease. The first Phase 3 study is designed to evaluate symptomatic improvement in Alzheimer's disease. The goal is to demonstrate improved cognition and daily function in subjects treated with simufilam compared to baseline and to placebo. Approximately 600 subjects will be enrolled, randomized to simufilam 100 mg or placebo BID, and treated for 12 months. Efficacy endpoints are ADAS-Cog, a cognitive scale, and ADCS-ADL, a scale of daily function. The second Phase 3 study is designed to evaluate disease-modifying effects of simufilam in Alzheimer's disease. The goal is to demonstrate a slower rate of decline in cognition and daily function in subjects treated with simufilam compared to placebo. Approximately 1,000 subjects will be enrolled, randomized to simufilam 100 mg, 50 mg or placebo BID, and treated for 18 months. Efficacy endpoints are ADAS-Cog and ADCS-ADL.
SAVA

Hot Stocks

09:03 EDT Cassava Sciences targets enrollment of 100 or more subjects for CMS - In May 2021, Cassava Sciences initiated a double-blind, randomized, placebo-controlled study in patients with Alzheimer's disease called the Cognition Maintenance Study. Patients who previously completed at least one year of open-label treatment with simufilam qualify to enroll in the CMS. Study subjects are randomized to simufilam or placebo for six months. The CMS is designed to compare simufilam's effects on cognition in Alzheimer's patients who continue with drug treatment versus patients who discontinue drug treatment. The target enrollment for the CMS is 100 subjects or more; as of mid-June, approximately 30 subjects were enrolled.
LUB

Hot Stocks

09:03 EDT Luby's signs agreement to sell Cafeteria Restaurant operations to Calvin Gin - Luby's announced the company has entered into an agreement to sell the Luby's Cafeteria restaurant business to a newly formed affiliate of Calvin Gin. The purchase by the Gin affiliate will include 32 of the existing locations of Luby's restaurants, all in Texas, and ownership of the Luby's Cafeteria brand. The acquisition of the Luby's cafeterias business does not include any of the real estate owned by Luby's, nor does it include any of the Company's Fuddruckers operations or the Company's Culinary Contract Service business. The structure of the transaction will allow Luby's to sell its real estate related to its cafeteria restaurant business to third parties and realize the related value for its shareholders. It is currently anticipated, following the closing of the transaction, that almost all employees at the 32 involved locations will be offered positions by the purchaser to remain at those store locations, employment that will likely total over 1,000 associates. It is currently anticipated that the Luby's Cafeteria operations sale transaction could provide Luby's with approximately $28.7M of value. There can be no assurance that the Company will realize or receive the full value of such consideration. The Company does not currently plan to adjust the estimated liquidation value of the Company as a result of this transaction. This amount does not include any value that may be obtained through future sales of Luby's owned real estate underlying 25 of the cafeteria locations.
SAVA

Hot Stocks

09:02 EDT Cassava to announce results of interim analysis of open-label study at AAIC - Cassava Sciences plans to announce results of an interim analysis on safety and cognition for the first 50 subjects to complete 9 months of open-label drug treatment. These cognition data will be presented at the 2021 Alzheimer's Association International Conference in Denver, CO, the week of July 26-30th. The scientific committee of AAIC has invited the Company's scientists to present these data as an oral presentation. Cassava Sciences will also present at AAIC biomarker data from the open-label study, including: Biomarkers of Alzheimer's disease: amyloid beta42, total tau, P-tau181. Biomarkers of neurodegeneration: neurogranin, neurofilament light chain. iomarkers of neuroinflammation: YKL-40, sTREM2 and HMGB1. Biomarker data were analyzed from cerebrospinal fluid collected from twenty-five study subjects who underwent a small volume lumbar puncture at baseline and again after completing 6 months of open-label drug treatment.
LDL

Hot Stocks

09:02 EDT Lydall trading resumes
SAVA

Hot Stocks

09:00 EDT Cassava Sciences completes enrollment in open-label study of simufilam - In March 2020, Cassava Sciences initiated a long-term, open-label study to evaluate simufilam in patients with Alzheimer's disease. This study is funded by a research grant award from the National Institutes of Health. The open-label study is intended to monitor the long-term safety and tolerability of simufilam 100 mg twice-daily for 12 months or longer in patients with Alzheimer's disease. Another study objective is to measure changes in cognition on ADAS-Cog, a standard test of cognition in Alzheimer's disease. The study protocol has pre-specified interim analyses on safety and cognition for the first 50 subjects who complete 6, 9 and 12 months of drug treatment. The study protocol also specifies biomarker measurements from baseline to Month 6 on a cohort of 25 study subjects, and baseline to Month 12 on another cohort of 25 study subjects. The open-label study has completed its target enrollment of 150 subjects. By physician and patient request, clinical sites may continue to enroll additional subjects up through the initiation of the Company's Phase 3 pivotal program of simufilam.
APPH

Hot Stocks

08:59 EDT AppHarvest starts construction on two new indoor firms - AppHarvest announced the start of construction for two new high-tech indoor farms in Central Appalachia. The company's new farms, located in Somerset and Morehead, Ky., will grow berries and leafy greens, respectively. The high-tech Somerset farm marks the company's expansion into growing berry crops. The Somerset indoor farm will be 30 acres. The high-tech Morehead, Ky. farm is the second AppHarvest farm in Rowan County to date. The new Morehead facility will produce leafy greens and will be about 15 acres. AppHarvest's newest indoor farms in Morehead and Somerset are preceded by the company's flagship 2.76-million-square-foot facility growing tomatoes in Morehead; a 15-acre facility in Berea that will grow leafy greens; and a 60-acre facility in Richmond that will grow vine crops. AppHarvest's goal is to operate 12 high-tech indoor farms by the end of 2025, and today's announcement means five of those now have been put on the map. Construction for both the Somerset and Morehead facility is anticipated to finish by the end of 2022.
EXLS

Hot Stocks

08:57 EDT EXL Health partners with REVELOHEALTH for revenue cycle management - EXL announced the launch of new Integrated Revenue Management Solutions from its EXL Health division. EXL Health has partnered with REVELOHEALTH, a provider of solutions dedicated to convert healthcare data into actionable information today. EXL Health and REVELOHEALTH have combined their knowledge and expertise to provide new solutions which deliver a comprehensive, data-driven payment processing and revenue analytics capability. This new capability is structured to help providers optimize revenue cycle management operating objectives and compliance.
HYFM

Hot Stocks

08:56 EDT Hydrofarm announces redemption of investor warrants - Hydrofarm Holdings Group announced that the Company will redeem certain of its outstanding warrants Holders of the Investor Warrants have until 5:00 p.m. Eastern Time on July 19, 2021 to exercise their Investor Warrants. The Investor Warrants are exercisable for an aggregate of approximately 3.37 million shares of common stock, which reflects the total number of outstanding Investor Warrants as of June 15, 2021, at a price of $16.86 per share, representing approximately $54.0 million in total potential cash net proceeds to Hydrofarm. Following the redemption, and assuming all outstanding Investor Warrants are exercised, Hydrofarm expects to have approximately 43.2 million shares of common stock outstanding. Under the terms of the Investor Warrants, Hydrofarm is entitled to redeem all of the outstanding Investor Warrants for a redemption price of $0.00033712 per Investor Warrant if there is an effective registration statement covering the resale of the shares of common stock underlying the Investor Warrants, and the volume-weighted average price of the Company's common stock for the twenty consecutive trading days prior to the date of the notice of redemption is at least $25.28. These requirements have been achieved. Any Investor Warrants that remain unexercised immediately after 5:00 p.m. Eastern Time on July 19, 2021, the redemption date, will be void and no longer exercisable, and the holders of those Investor Warrants will be entitled to receive $0.00033712 per Investor Warrant.
CYDY

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08:54 EDT CytoDyn announces preliminary results of data from long-haulers trial - CytoDyn announced preliminary results after unblinding the data from its COVID-19 long-haulers clinical trial The purpose of this clinical trial was to assess the safety and efficacy of leronlimab administered as weekly subcutaneous injection in subjects experiencing prolonged symptoms of COVID-19. The primary outcome was change from baseline in daily COVID-19-related symptom severity score through Day 56. Secondary outcomes included progression of COVID-19-associated symptoms through Day 56 compared to baseline. Patient symptoms were self-reported daily throughout the 56-day evaluation period and reported electronically. The symptom scores were rated as severe, moderate, mild, and none. Chris Recknor, M.D., CytoDyn's Chief Operating Officer and Head of Clinical Development, commented, "We are very pleased with the preliminary results from our long-haulers trial, which showed a greater improvement in the leronlimab patient group over placebo in 18 of 24 COVID-19 symptoms. Although the study was not designed to show statistically significant differences due to the small sample size of 56 patients, clinically meaningful improvements in leronlimab over placebo were observed for cough, stuffy/runny nose, shortness of breath, tightness of chest, feeling of fast heartbeat, fatigue, muscle aches/cramps, muscle weakness, joint pain/swelling, chills/shivering, feeling hot or feverish, difficulty in concentration, sleep disturbance/insomnia, headache, dizziness, tingling/numbness, sense of taste, and sense of smell. Of the remaining 6 symptoms, sore throat, exertional malaise, anxiety, nausea, and vomiting had no clinically meaningful change. Diarrhea was worse in leronlimab treated compared to placebo. Biomarkers at multiple timepoints are being analyzed to help determine reasons for response and to provide better insight into the mechanism of action of leronlimab. As in other previous trials with leronlimab, no adverse safety signals were noted. Once our final analysis is performed, we will seek to hold discussions with the FDA regarding next steps."
QEPC

Hot Stocks

08:53 EDT Q.E.P. Company declares one-time cash dividend of 5c per share - Q.E.P. CO. announced that on June 16, 2021, the Company's Board of Directors declared a one-time, cash dividend of $0.05 per share on the common stock of the Company. The cash dividend is distributable on or about August 18, 2021, to shareholders of record at the close of business on July 14, 2021.
JKS

Hot Stocks

08:52 EDT JinkoSolar's Shangrao announces RMB 315M investment in Xinte Energy - JinkoSolar announced its holding subsidiary, Shangrao JinkoSolar Industry Development, plans to invest RMB 315M of monetary capital to increase capital and shares in Inner Mongolia Xinte Silicon Materials, a wholly-owned subsidiary of Xinte Energy. The investment will be used for the construction of a high-purity polysilicon production line with an annual capacity of 100,000 tons. After the capital increase is completed, the Company will hold a 9.00% stake in Inner Mongolia Xinte. Kangping Chen, CEO of JinkoSolar, commented, "Xinte Energy is a leader in polysilicon technology and industrialized operations. We are very pleased to extend this close partnership with them, and remain fully confident about the accelerated growth of the PV industry over the next few years. We believe that this investment is not only a solid growth strategy, but will help to stabilize silicon material supply and reduce supply chain volatility. By cooperating with upstream specialized manufacturers, we will continue to strengthen the advantages of our integrated capacity and solidify the foundation for mass production of high-efficiency modules year-over-year. We will continuously work towards win-win situations through deeper cooperation with our supply chain partners, and jointly promote the development of the global solar market and accelerate the transformation of green energy."
OPTT

Hot Stocks

08:52 EDT Ocean Power appoints Philipp Statmann as president, CEO - Ocean Power Technologies announced that its Board of Directors appointed Philipp Stratmann as its new President and CEO, and a Director. Mr. Stratmann previously served as OPT's Vice President of Global Business Development since 2019. In addition, the Board of Directors has elevated Matthew Shafer, to SVP, CFO and Treasurer. Stratmanne will be relocating from OPT's Houston office to the New Jersey headquarters. Mr. Shafer, already located in New Jersey, is a Certified Public Accountant, has an MBA in Finance from Rutgers Business School, and a bachelor's degree from The Stillman School of Business at Seton Hall University. Cryan also expressed thanks to George H. Kirby, who is departing OPT to pursue other endeavors, for his service as President and CEO since 2015.
PAYA

Hot Stocks

08:50 EDT Paya announces pricing of $250M term loan, $45M revolving credit facility - Paya Holdings announced the pricing of a seven-year, $250 million senior secured term loan and a five-year, $45 million senior secured revolving credit facility. The term loan will be issued at 99.5% of the aggregate principal amount and will bear interest at a rate of LIBOR plus 3.25% with a 0.75% LIBOR floor and the revolving credit facility will bear interest at a rate of LIBOR plus 3.25% with no floor. The revolving credit facility is expected to be undrawn at closing. As previously disclosed, the Company intends to use the proceeds from the term loan to repay its outstanding term loan facility. The objectives of the refinancing are to improve the Company's financial flexibility, reduce interest expense and extend its debt maturity. The transaction is scheduled to close in late June or early July. The closing of the term loan and the revolving credit facility is subject to customary closing conditions.
HIL

Hot Stocks

08:48 EDT Hill International awarded contract by Aldar Properties - Hill International announced it has been awarded a contract by Aldar Projects LLC, the project delivery arm of UAE real estate developer Aldar Properties, to provide project management services for infrastructure upgrades in Abu Dhabi. The project consists of two distinct elements: The Zayed Link Road and Tal Moreeb Road. The Zayed Link Road project will refurbish and double the capacity of the existing link road between the E11 highway and the Madinat Zayed military airfield near the city of Madinat Zayed in the Al Dhafra Region. In total approximately 50 km of road will be converted from existing single carriageway to dual carriageway. The existing carriageway will also be refurbished. The Tal Moreeb Road project will construct a new dual carriageway from Liwa to the Tal Moreeb dune area to replace the existing road. The road length is approximately 22 km. Both elements are scheduled for completion in late 2022.
MBRX

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08:47 EDT Moleculin Biotech enrolls, doses first patient in phase 1b/2 trial of annamycin - Moleculin Biotech announced it has commenced enrollment and dosed the first subject in its U.S. Phase 1b/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma lung metastases. "We are pleased to have commenced patient enrollment and dosing in this important program evaluating Annamycin, which we believe has the potential to address the limitations with current treatment options for STS lung metastases. Our team is commited to driving continued progress for the development of Annamycin. We look forward to getting the trial well-underway toward interim data and potentially address the unmet medical needs in the treatment of these highly resistant tumors," commented Walter Klemp, Chairman and CEO of Moleculin. The Phase 1b/2 study is a a U.S. multi-center, open-label, single-arm study that in Phase 1b will determine the maximum- tolerated dose or the recommended Phase 2 dose and safety of Annamycin and in Phase 2 will explore the efficacy of Annamycin as a single agent for the treatment of subjects with STS with lung metastases for which chemotherapy is considered appropriate. A minimum of 3 subjects for each dosing cohort will be enrolled in the Phase 1b portion of the study until an MTD is identified. A maximum of 25 subjects will be enrolled at the RP2D to further evaluate efficacy. Annamycin has been granted Fast Track Status and Orphan Drug Designation from the Food and Drug Administration for the treatment of STS lung metastases.
LDL

Hot Stocks

08:47 EDT Clearlake Capital-backed Unifrax to acquire Lydall for $62.10 per share - Unifrax announced it has signed definitive agreements to acquire Lydall. With its leading technologies and 23 manufacturing facilities around the world, Lydall is well positioned to capitalize on growth in clean air filtration and electric vehicle adoption, among many other attractive markets. Under the terms of the agreement, Lydall shareholders will receive $62.10 per share in cash for each share outstanding, implying a total enterprise value of approximately $1.3B. The transaction, which has been approved by the boards of directors of both companies, is expected to close in the second half of 2021 subject to the receipt of required regulatory approvals, approvals of Lydall stockholders and other customary closing conditions.
GTEC

Hot Stocks

08:45 EDT Greenland Technologies, Shandong Heavy Industry announce partnership - Greenland Technologies Holding announced a major strategic partnership with Shandong Zhongcha Heavy Industry Machinery, a multinational heavy machinery and automotive manufacturing company. The partnership is structured to accomplish two strategic objectives to drive revenue generation and to enhance leadership position as a first mover. First, the companies are joining forces to launch a lithium battery forklift, which utilizes Greenland's new integrated drivetrain system that will be available for sale in the U.S. by Greenland starting in July 2021. Second, the two strategic partners will combine R&D resources to develop the next stage of lithium powered forklifts to ensure they remain positioned for market leadership over the longer term. Raymond Wang, CEO of Greenland, commented, "This is another major development for our business, as we align with a powerful, well-funded strategic partner with extensive experience and customer relationships in our target markets. We have already spoken with numerous customers with very positive feedback for a lithium battery forklift solution. Importantly, we are confident we can bring our jointly-developed lithium battery powered forklift to market at a price point competitive with legacy acid battery powered vehicles. The competitive price point combined with the fact our vehicle is a safer, cleaner vehicle with a higher customer return on investment than traditional forklifts, gives us a winning market position with high-volume potential. We look forward to working together with Shandong, as we build a mutually successful, long-term partnership."
SYNH

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08:45 EDT Syneos Health accelerates decentralized clinical trial delivery - Syneos Health expanded its Decentralized Clinical Trial capabilities to include a dedicated Decentralized Clinical Trials Site Advocacy Group, continuing the momentum for Decentralized Solutions demonstrated by the recent acquisition of Illingworth Research Group to move clinical trials closer to the patient. Decentralized Solutions from Syneos Health combines deep insights, agile technologies, innovative trial design experience and operational excellence - transforming product development. This novel, industry-leading Decentralized Clinical Trials Site Advocacy initiative takes decentralized methodologies and technologies to the next level, actively listening to find the right solutions. The Group will engage with sites and community stakeholders including patients, advocacy groups, industry, academic centers and sponsors, securing valuable insights across the clinical to commercial spectrum - from the mobile research nursing solutions provided by Illingworth Research Group to new and innovative mobile, digital and telemedicine capabilities - to better inform decentralized protocol design, data capture and patient retention strategies. The Group will pressure-test, problem-solve and co-create innovative decentralized clinical trial methodologies. The Group will also accelerate insights to enhance decentralized clinical trial implementation by driving an ongoing discussion about how to incorporate new technologies, making clinical trials more accessible to patients to facilitate better and more efficient solutions. This includes using mobile research, optimized digital health technologies and direct-to-patient logistics. Syneos Health deploys a Dynamic Assembly strategy, partnering with an open ecosystem of preferred best-of-breed data and technology collaborators to address decentralized study nuances.
JOBS

Hot Stocks

08:45 EDT 51Job trading resumes
HPE

Hot Stocks

08:45 EDT HP Enterprise acquires Determined AI - HP Enterprise announced that it has acquired Determined AI, a San Francisco-based startup that delivers a software stack to train AI models faster, at any scale, using its open source machine learning, or ML, platform. HPE will combine Determined AI's software solution with its AI and high performance computing, or HPC, offerings to enable ML engineers to implement and train machine learning models. Determined AI was founded in 2017 by Neil Conway, Evan Sparks, and Ameet Talwalkar, and based in San Francisco. It launched its open-source platform in 2020. Its solution has been adopted by customers across a wide range of industries, such as biopharmaceuticals, autonomous vehicles, defense contracting and manufacturing.
SABR

Hot Stocks

08:44 EDT Sabre, Virgin Australia renew global distribution agreement - Sabre and Virgin Australia have reaffirmed their long-standing relationship with the renewal of their global distribution agreement. Under the renewed agreement, Sabre will continue to distribute Virgin Australia flights and services through the Sabre GDS marketplace. "Although international borders remain largely closed at the moment, there is a lot of pent-up demand and positivity in the domestic market," said David Orszaczky, General Manager Digital and Distribution, Virgin Australia. "We're committed to creating an ecosystem that delivers great-value for customers and ensuring our agency partners can help deliver the many travel experiences we offer in their preferred channel."
OPK

Hot Stocks

08:44 EDT Opko Health to develop, commercialize RAYALDEE in China with Nicoya - OPKO Health announced that its subsidiary EirGen Pharma has entered into an agreement with Nicoya Macau Limited, an affiliate of Nicoya Therapeutics, for the development and commercialization in Greater China of RAYALDEE for the treatment of secondary hyperparathyroidism in patients with stage 3 or 4 chronic kidney disease. Nicoya will make an upfront payment to OPKO of $5 million and an additional $5 million payment will be made during the first 12 months of the agreement or upon Nicoya achieving a certain predetermined development milestone. In addition, OPKO will be eligible to receive up to $115 million upon the achievement of certain development, regulatory and sales-based milestones. Nicoya will also pay OPKO tiered, double-digit royalties on product sales. Nicoya will be responsible for regulatory approvals and commercial activities pertaining to RAYALDEE in their territory.
DLTNF

Hot Stocks

08:43 EDT Delta 9 Cannabis announces vaccination reward program - DELTA 9 CANNABIS announce its vaccination reward program called the Delta 9 "Joints for Jabs" program to encourage Manitobans to become fully vaccinated with two doses of a COVID-19 vaccine. Starting Monday, June 21, 2021, people who have received two doses of a COVID-19 vaccine are eligible to enter into a vaccine rewards program at every Delta 9 Cannabis Store location in Manitoba. As a Winnipeg based company that employs hundreds of Manitobans across the province the Company's objective is to help contribute to the re-opening of our local communities and economy in any way possible and support the Provincial Government's "4-3-2-One Great Summer Re-Opening Path" program. The Delta 9 "Joints for Jabs" is a tiered program with prize draws to be held on a monthly basis and will include: Three Grand Prize Draws for a One Year Supply of Cannabis. 20 Free Joints Each Month at Every Delta 9 Cannabis Store Location in MB. Delta 9 Branded Apparel Giveaways The Delta 9 Joints for Jabs program will run from June 21 - Sept. 30, 2021. No purchase is necessary to enter the draw. Participants must show proof of being double vaccinated. Winners will be drawn on July 31, August 31, and September 30. Delta 9 store staff will verify eligibility by checking an individual's immunization record, either printed or on-line. The individual must provide their name and email address to enter.
GROM

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08:42 EDT Curiosity Ink partners with Cepia to create video series for 'Cats vs Pickles' - Grom Social Enterprises, which recently entered into an agreement to acquire Curiosity Ink Media - a producer of original multiplatform family entertainment - announced that Curiosity has entered into a creative partnership with Cepia to "fortify 2021's biggest cat-tastic collectible craze, Cats vs. Pickles, into an original series, along with ancillary publishing extensions," the company said. "The partnership represents both companies' foray into the lucrative and highly profitable worlds of content distribution and publishing - offering new revenue streams for both - unlocking the potential for attendant ancillary businesses including international marketing, licensing and additional consumer products. The alliance will develop Cats vs. Pickles into a recurring series in 11-minute installments, as well as create revenue-generating extensions beginning with published content for consumer purchase," the company added. Cats vs. Pickles has no dialogue, and therefore no language or cultural barriers, and its potential for immediate global distribution makes it a unique and compelling programming asset. Simultaneously, Curiosity and Cepia will collaborate to produce a collection of picture, board and activity books expected to hit shelves in 2022.
MCHP

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08:41 EDT Microchip announces new GMICP2731-10 GaN MMICGaN MMIC power amplifier - The company said, "Satellite communication systems use complex modulation schemes to achieve the blazingly fast data rates required to deliver video and broadband data. To attain this, they must deliver high RF output power while simultaneously ensuring the signals retain their desired characteristics. The new GMICP2731-10 GaN MMICGaN MMIC power amplifier announced today by Microchip Technology helps meet both of these requirements. The new device, Microchip's first GaN MMIC, is designed for use in commercial and defense satellite communications, 5G networks and other aerospace and defense systems The GMICP2731-10 is fabricated using GaN-on-Silicon Carbide technology. It delivers up to 10W of saturated RF output power across the 3.5 GHz of bandwidth between 27.5 to 31 GHz. Its power-added efficiency is 20%, with 22 dB of small-signal gain and 15 dB of return loss. A balanced architecture allows the GMICP2731-10 to be well matched to 50-ohms and includes integrated DC blocking capacitors at the output to simplify design integration."
ME

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08:40 EDT 23andMe appoints Valerie Montgomery to board of directors - 23andMe Holding announced that, following the June 16 closing of the previously announced business combination between 23andMe, Inc. and VG Acquisition, Dr. Valerie Montgomery Rice, the president and dean of Morehouse School of Medicine, became a member of its board of directors, joining Peter Taylor, president of the ECMC Foundation, along with Evan Lovell, Chief Investment Officer of the Virgin Group, and the five board members of 23andMe, Inc.
CNI

Hot Stocks

08:39 EDT CN to invest C$15M in New Brunswick in 2021 - CN announces plans to invest approximately C$15 million in New Brunswick in 2021 as part of CN's C$3 billion capital investment plan across its network. In New Brunswick, CN's investment will focus on technology, and infrastructure maintenance to enhance safety and the fluidity of its network.
KYMR

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08:38 EDT Kymera Therapeutics presents preclinical data for KT-413 - Kymera Therapeutics announced new preclinical data on its IRAKIMiD degrader KT-413's potential as both a monotherapy and in combination with other anticancer agents. The data were featured in an oral presentation at the 16th Annual International Conference on Malignant Lymphoma virtual meeting, taking place from June 18 - 22, 2021. IRAKIMiDs are novel heterobifunctional degraders designed to degrade both IRAK4 and IMiD substrates, including Ikaros and Aiolos, with a single small molecule. IRAKIMiDs synergistically target both the MYD88-NFkB and IRF4-Type 1 interferon pathways to enhance and broaden antitumor activity in MYD88-mutant diffuse large B-cell lymphoma. KT-413 is being developed initially for the treatment of relapsed/refractory MYD88-mutant DLBCL, with the potential to expand into other MYD88-mutant indications and IL-1R/NFkB-driven malignancies. KT-413 is currently in preclinical development and Kymera plans to submit an Investigational New Drug Application to the U.S. Food and Drug Administration in the second half of 2021 and, if cleared, initiate a Phase 1 clinical trial in patients thereafter. Data highlights include: In the OCI-Ly10 MYD88-mutant mouse xenograft model, intermittent dosing of KT-413 in vivo induced deep and sustained antitumor activity, including complete or partial regressions, that was superior to the clinically active IRAK4 kinase inhibitor CA-4948 or the latest generation IMiD CC-220. KT-413 showed strong tumor growth inhibition in multiple MYD88-mutant DLBCL patient-derived xenograft in vivo models. KT-413 showed strongly additive antitumor activity in combination with the anti-CD20 monoclonal antibody rituximab, the BTK inhibitor ibrutinib, or the BCL-2 inhibitor venetoclax, in MYD88-mutantOCI-Ly10 xenografts in vivo, suggesting the potential for therapeutically relevant drug combinations in MYD88-mutant DLBCL.
SYPR

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08:38 EDT Sypris Solutions gets orders for high-pressure closures two large LNG projects - Sypris Technologies, a subsidiary of Sypris Solutions announced that it has recently received orders for specialty high-pressure closures for use in two large projects, the Golden Pass LNG Export project and the Cherry Point Refinery Renewable Diesel Optimization project. Shipments under these awards are expected to be completed during 2021. Terms of the orders were not disclosed. The $10B Golden Pass LNG Export project will add natural gas liquefaction and export capabilities to an existing terminal in Sabine Pass, Texas, according to the web site. The new facility will utilize the existing state-of-the-art tanks, berths and pipeline infrastructure. In addition, new facilities for natural gas pre-treatment and liquefaction will also be constructed. The project is expected to be operational in 2024.
SOS

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08:37 EDT SOS Limited enters joint venture agreement with Niagara Development - SOS announced that it has entered into a joint venture agreement with Niagara Development, a New Jersey limited liability company, for a joint venture to be based in Niagara, Wisconsin. The joint venture is expected to carry out crypto-currency mining operations and construct an international standardized Digital Super Computing Custody Operation Center. Under terms of the agreement, Niagara Development will be responsible for providing up to 150MW of electricity, including electricity generated from renewable sources, and construction the Digital Super Computing Custody Operation Center. SOS will be responsible for the management, operations and financing of the joint venture. SOS remains committed to its block-chain strategy and strive to become a sustainability leader in the industry. Yandai Wang, Chairman of SOS, commented, "SOS continues to increase its development of comprehensive blockchain solutions for digital trade, digital finance and other industries. We decided to acquire a sustainable power supply as far as possible, as we expand our blockchain operations into North America and look forward to successful operation of the joint venture. We continue to explore the possibility of acquisition of Niagara Development, Sherman Development LLC, and Park Falls Management LLC. Although at this point, we do not have any definitive agreement for such acquisition, we remain optimistic about our strategic expansion in North America."
ICPT

Hot Stocks

08:37 EDT Intercept to present abstracts on NASH, PBC data - Intercept Pharmaceuticals announced that multiple abstracts regarding the treatment of primary biliary cholangitis and nonalcoholic steatohepatitis with obeticholic acid will be presented at the Digital International Liver Congress 2021, the 56th Annual Meeting of the European Association for the Study of the Liver, to be held virtually from June 23 to June 26, 2021. The use of OCA for NASH is investigational and has not been approved by the U.S. Food and Drug Administration, the European Commission or any other health authority. In addition to new analyses of OCA data, the International Liver Congress 2021 will also include research from Intercept and collaborators that provides new perspective on the natural history of PBC and fibrosis due to NASH, data supporting the role of noninvasive tests to risk-stratify patients with fibrosis due to NASH, and results from a multi-country survey examining patient-provider dialogue and perceptions of stigma associated with fibrosis due to NASH.
LDL

Hot Stocks

08:36 EDT Lydall trading halted, news pending
WEDXF

Hot Stocks

08:36 EDT AJW Group, Arena Investors announce $100M aviation asset joint venture - AJW Group and Arena Investors, an affiliate of The Westaim, announce a joint venture focused on selective acquisitions of commercial aircraft, engines and components. The partnership uses AJW's operational expertise and global network together with Arena's extensive experience in aviation-related investments. Through a newly formed entity based in Dublin, AJW and Arena will jointly acquire a targeted portfolio of aircraft and engines to be managed and monetized through AJW's global network. The joint venture will be funded with committed capital of up to $100M.
QRVO

Hot Stocks

08:36 EDT Qorvo announces shipment of family of dual-band GaN power amplifiers - Qorvo is now shipping a family of electronically reconfigurable dual-band GaN power amplifiers. The QPA0007 and QPA0004 are the first commercially available GaN PAs that can be rapidly reconfigured for operation between S- and X-bands. This enables a single radar platform to be used across multiple applications, offering precise long-range and short-range capabilities. This eliminates the need for independent systems, saving size, weight, power and cost. Now designers can dramatically reduce the BOM and footprint by as much as 50% while improving overall performance. The QPA0007 and QPA0004 are available in surface mount technology packaging and offer higher saturated power and power-added efficiency when compared to traditional switched dual-band solutions.
CNI

Hot Stocks

08:34 EDT CN to invest C$445M in Alberta in 2021 - CN announces plans to invest approximately C$445 million in Alberta in 2021 as part of CN's C$3 billion capital investment plan across its network. In Alberta, CN's investment will focus on technology, capacity, and infrastructure maintenance to enhance safety and the fluidity of its network.
CBAY

Hot Stocks

08:33 EDT CymaBay presents data from Phase 2 study, ENHANCE study of seladelpar - CymaBay Therapeutics announced data from its previously completed Phase 2 study and the ENHANCE Phase 3 study of seladelpar in patients with primary biliary cholangitis. These data are being presented at The International Liver Congress 2021 of the European Association for the Study of Liver which will be held online June 23rd - 26th. In a poster presentation titled "Efficacy, safety, and tolerability of seladelpar in patients with compensated liver cirrhosis due to primary biliary cholangitis: a pooled analysis of phase 2 and phase 3 studies,"1 Stuart C. Gordon MD, Director of Hepatology for Henry Ford Health Systems, will be reporting the results of a pooled analysis of a subset of 39 patients with compensated cirrhosis from an open-label phase 2 study and a placebo controlled phase 3 study assessing the efficacy, safety, and tolerability of seladelpar at a daily dose of 5 mg or 10 mg in PBC patients who had an inadequate response or an intolerance to ursodiol. Cirrhosis was diagnosed using liver biopsy, imaging tests, or liver elastography. Efficacy analyses at 3 months included: Composite response defined as alkaline phosphatase less than 1.67 x upper-limit-normal, ALP decrease of greater than or equal to 15% and normal total bilirubin; Percent change from baseline in ALP; Normalization of ALP levels; Other measures of liver function. After 3 months, the composite endpoint was met in 50% of patients in the 5 mg and 63% in the 10 mg groups compared to none in Pbo. Levels of total bilirubin, platelets, albumin, and coagulation parameters remained stable. Seladelpar was well tolerated and appeared safe. Three patients with cirrhosis experienced an SAE, all unrelated to seladelpar. Efficacy, tolerability, and safety in patients with compensated cirrhosis were comparable to that of non-cirrhotic patients. A second clinical presentation will be delivered by Dr. Aliya Gulamhusein, Assistant Professor and Clinical Investigator at the Toronto Centre for Liver Disease, demonstrating that in 51 PBC patients previously treated with but no longer taking obeticholic acid or fibrates, seladelpar appeared to be safe, well tolerated and showed meaningful and dose dependent improvements in liver biochemistry, including in those taking 10 mg seladelpar a 45% reduction in ALP and a 79% composite response rate. In addition, there were no meaningful differences in the effects of seladelpar treatment between those with prior treatment with OCA or fibrates compared to those without prior treatment. Additionally, a presentation by Dr. Paul Watkins, Professor of Medicine at the University of North Carolina Chapel Hill, will highlight the ajudication of suspected drug-induced liver injury in non-alcoholic steatohepatitis patients using independent blinded review by a panel of pathologists and hepatologists. A comprehensive process of adjudication found no clinical, biochemical or histologic evidence that seladelpar was hepatotoxic. The process included two extensive rounds of blinded randomized review of all biopsies in the study. The panel concluded that there were no specific cases that were suggestive of DILI and the features identified by the study pathologists were present at baseline. The outcome of the pathology review indicates a need for further research into disease-related changes in the portal tracts of the livers of NASH patients. The panel also recommended that future biopsy trials in NASH should use blinded concurrent review of baseline and end of treatment biopsies. The report from the panel was subsequently submitted to the FDA and the FDA lifted the clinical hold on seladelpar across all three indications. Finally, a preclinical presentation4 will highlight that the combination of seladelpar and CB-0406 in a mouse model of NASH led to substantially greater reductions in fibrosis and NASH than either monotherapy.
CAMP

Hot Stocks

08:33 EDT CalAmp's LoJack Italia enters partnership with Koelliker Group - CalAmp announced its subsidiary, LoJack Italia, has partnered with the Koelliker Group, a leader in the import and sales of electric, connected and intelligent vehicles. Through the partnership, all SERES 3 C-SUV electric vehicles, recently launched by Koelliker, will be pre-installed with LoJack Connect connected car intelligence and services that encourage better driving habits and enhance vehicle safety for more secure and sustainable mobility. The LoJack Connect app serves as a virtual assistant that allows SERES 3 drivers to simplify daily mobility and maintain their car by staying informed about the location, status and operation. And if a crash occurs or the car is stolen, real-time assistance via their smartphone is available in those critical moments to get them back on the road.
IAA

Hot Stocks

08:33 EDT IAA acquires Auto Exchange operations - IAA announced that it has acquired the entirety of the assets of Marisat, doing business as Auto Exchange, a provider of personal service and security in the salvage recovery industry, effectively taking over the business operations of Auto Exchange. IAA will operate the business of Auto Exchange going forward. Financial terms of the transaction were not disclosed. Founded in 1979, Auto Exchange is a regional salvage industry leader in New Jersey. The acquisition will leverage existing assets to expand IAA's physical presence in New Jersey and allow IAA to further serve the growing needs of the market and clients in the area.
DFIN

Hot Stocks

08:31 EDT Cision PR, Donnelley Financial Solutions announce partnership - Cision PR Newswire and Donnelley Financial Solutions announced they have entered into a strategic partnership to deliver press release distribution and regulatory filing submissions to the investment community that meet SEC disclosure and compliance requirements. The partnership brings together the power of DFIN's suite of financial reporting solutions, including its new ActiveDisclosure, with Cision's global content distribution, compliance, webcasting and IR website management tools. "We are excited to combine forces with industry powerhouse DFIN. Together, we will drive shareholder interest and market confidence, and our investor relations clients will see value in having a one-stop shop for their SEC disclosure requirements," said Liam Power, SVP of Global Distribution at Cision. "We will provide our clients much-needed support, while reducing the time and effort IROs need to spend fulfilling their compliance and disclosure obligations."
MANT

Hot Stocks

08:31 EDT ManTech wins $110M contract to develop naval radar, electronic warfare systems - ManTech announced a five-year, $110M contract to support Naval Surface Warfare Center Crane in developing and upgrading radar and electronic warfare systems for the U.S. Navy. ManTech was awarded this contract under the Department of Defense Information Analysis Center's multiple-award contract vehicle. These DoD IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the DTIC repository and the R&D and S&T community. ManTech will provide Intelligent Systems Engineering using the company's Model Based Systems Engineering Laboratory and Cognitive Cyber capabilities with its ACRE Cyber Range solution at the company's Crane, Indiana campus.
CTMX ABBV

Hot Stocks

08:29 EDT CytomX Therapeutics announces publication of data for CX-2029 - CytomX Therapeutics (CTMX) announced that results from its Phase 1 first-in-human study of CX-2029 in patients with advanced solid tumors were published online in the peer-reviewed journal Clinical Cancer Research. This study showed that CX-2029, currently being co-developed by CytomX and AbbVie (ABBV), was generally well-tolerated and can elicit anti-tumor responses in certain patients. CD71 is a cell surface protein essential for iron uptake in dividing cells and is highly expressed in a number of solid and hematologic cancers. However, given its central role in iron metabolism, CD71 is present on most healthy cells and has been, until now, undruggable with conventional ADCs. CX-2029 is designed to be activated in the tumor microenvironment by tumor-associated proteases, thereby limiting off-tumor toxicity and creating a therapeutic window for CD71. The goal of this Phase 1 dose-escalation, multicenter study was to evaluate the safety, pharmacokinetics, pharmacodynamics, and antitumor activity of CX-2029. A total of 45 patients were enrolled to receive CX-2029 intravenously every three weeks at dose levels ranging from 0.1 mg/kg to 5 mg/kg. Encouraging preliminary clinical activity was observed at doses of 2 mg/kg and higher. Notably, three of four patients with squamous non-small cell lung carcinoma had stable disease or better, including two confirmed partial responses; and seven of eight patients with head and neck squamous cell carcinoma had SD or better, including one confirmed PR at 3 mg/kg and one prolonged SD ongoing at approximately 25 weeks, as of the reported August 2020 data cutoff. Despite having received a median of three prior lines of cancer regimens, these heavily-pretreated patients generally tolerated CX-2029 well. The most common dose-dependent adverse events were anemia and neutropenia, toxicities commonly associated with the payload of this ADC. Based on several safety parameters, including no cycle 1 DLTs, no discontinuations due to toxicity, and a long-term tolerability that appeared to be acceptable for chronic administration with supportive care for anemia, 3 mg/kg every 3 weeks was declared the recommended Phase 2 dose. The ongoing Phase 2 expansion study is evaluating CX-2029 as monotherapy in four cohorts: squamous NSCLC, HNSCC, esophageal and gastroesophageal junction cancers, and diffuse large B-cell lymphoma. Initial results are expected in the fourth quarter of 2021.
TIRX

Hot Stocks

08:29 EDT Tian Ruixiang to step into healthcare management industry - TIAN RUIXIANG announced that the company plans to explore and expand into healthcare management industry. Zhe Wang, Chairman and CEO of the Company, commented, "We intend to utilize our experience in the insurance sector to expand into healthcare management industry. With the favorable government policies, such as the 'three-child' policy, and the trend of China's growing aging population, it is expected that the demand for healthcare management services will increase. We believe our plan to explore and expand into the healthcare management industry is in line with the social and macro environment development in China, and will create long-term value to our shareholders."
GLDG

Hot Stocks

08:28 EDT GoldMining announces updates mineral resources estimate for Whistler Project - GoldMining announce the results of an updated Mineral Resource Estimate on its 100% owned Whistler Project in south central Alaska, U.S.A. consisting of resource estimates for the Whistler, Island Mountain and Raintree West gold-copper deposits with an effective date of June 11, 2021. Whistler Updated Resource Highlights: Indicated Mineral Resources of 1.94 million ounces gold, 8.33 million ounces of silver and 422.0 million pounds of copper; Inferred Mineral Resources of 4.67 million ounces gold, 16.06 million ounces silver and 711.4 million pounds of copper; Compared to the prior reported estimate completed in 2016, Indicated Mineral Resources for gold, copper and silver have increased by 9.9%, 23.0% and 35.9% respectively; Compared to the prior estimate reported in 2016, Inferred Mineral Resources for gold have increased 0.9%, and for copper and silver have decreased by 0.3% and 29.0% respectively; The MRE utilizes pit shells to constrain resources at the Whistler, Island Mountain and Raintree West gold-copper deposits, as well as an underground potentially mineable shape to constrain the resource estimate for the deeper portion of the Raintree West deposit; The total Whistler Project area comprises a database of 250 drill holes totaling more than 70,000 metres with 182 drillholes and 53,202m of assayed length within the three deposit block models. Alastair Still, Chief Executive Officer of GoldMining commented: "The updated resource at Whistler provides a clear and modernized view of the potential of this large-scale gold-copper project. With approximately 3.0 million ounces of Indicated gold equivalent resource and 6.5 million ounces of Inferred gold equivalent resource, Whistler is currently one of the largest known mineral resources in Alaska, a proven mining jurisdiction. The updated resource estimate also includes approximately 422 million pounds of copper in Indicated resources and approximately 711 million pounds of copper in Inferred resources, which enhances the attractiveness of the project, especially given current copper price and the long-term outlook for copper demand."
IMMP

Hot Stocks

08:27 EDT Immutep to evaluate efti in triple combination therapy Phase I study - Immutep announces it has signed an agreement to commence a new Phase I trial, called INSIGHT-003, to evaluate the combination of lead product candidate eftilagimod alpha in conjunction with an existing approved standard of care therapy consisting of a chemotherapy agent and an anti-PD-1 therapy. INSIGHT-003 will be an investigator-initiated trial conducted by the Institute of Clinical Cancer Research IKF at Krankenhaus Nordwest in Frankfurt. The trial will be run as an amendment to the protocol of the ongoing INSIGHT trial as the third arm with Prof. Dr. Salah-Eddin Al-Batran as lead investigator. Up to 20 patients with various solid tumours will be recruited to participate in the trial. Patients will receive 30 mg doses of efti every two weeks for 24 weeks in conjunction with standard of care chemotherapy plus anti-PD-1 therapy. Thereafter, patients will enter a maintenance phase and receive either efti alone or in double or continued triple combination with anti-PD-1 therapy. The trial will assess the safety, tolerability and initial efficacy of the combination. All regulatory and ethical approvals have been received, enabling recruitment to commence. The first patient is expected to be enrolled in Q3 of calendar year 2021, with first interim results expected in 2022.
IZEA

Hot Stocks

08:26 EDT Izea awarded $1M contract expansion from consumer electronics manufacturer - IZEA Worldwide announced that it has been awarded a $1M contract expansion to provide influencer marketing services to a Fortune 500 consumer electronics manufacturer. The expansion adds to an already record setting Q2 for Managed Services bookings.
BB

Hot Stocks

08:25 EDT BlackBerry QNX software embedded in over 195M vehicles - BlackBerry announced that Strategy Analytics, a leading independent research firm, has determined BlackBerry QNX software is now embedded in over 195M vehicles, an increase of 20M from the year before. "BlackBerry QNX is the market leader for safety-certified embedded software in automotive. Automakers and Tier 1s, including Aptiv, BMW, Bosch, Ford, GM, Honda, Mercedes-Benz, Toyota, and Volkswagen, trust BlackBerry QNX software for a broad range of critical systems," the company said. These include Advanced Driver Assistance Systems, Digital Cockpits and Secure Data Gateways. "BlackBerry continues to clearly demonstrate its leadership position in safety-critical embedded automotive software, with both an increased vehicle count and strong growth in royalty revenue backlog. Achieving over 195 million vehicles marks the sixth consecutive year that this count has increased," said John Chen, Executive Chairman & CEO, BlackBerry. "We continue to innovate our platform, which further strengthens our market advantage. BlackBerry QNX is very well positioned to capitalize on the secular trends of greater safety-critical software in the car, the transition to electric vehicles and the move towards autonomous drive."
BCDA

Hot Stocks

08:25 EDT BioCardia announces European Patent Office decision to grant patent - BioCardia announced that the European patent office has issued a Decision to Grant European Patent No. 3593810 to BioCardia with publication on June 23, 2021. The patent broadly describes autologous cell therapy patient selection diagnostics as a solution for the problem of therapeutic variability of different patients' cells. The patent describes using such an assay approach for patient selection as well as for setting dosage levels for autologous cell-based therapies. Specific patent claims are focused on BioCardia's lead CardiAMP programs for bone marrow cells for transplantation to the heart intended to treat heart failure and chronic myocardial ischemia. This new patent is anticipated to strengthen the protection of BioCardia efforts with respect to its patient screening methods already afforded by issued patents.
GROY

Hot Stocks

08:24 EDT Gold Royalty Corp trading halted, news pending
MMP...

Hot Stocks

08:24 EDT Magellan, Enterprise team with ICE for new Houston crude oil futures - Magellan Midstream Partners (MMP), Enterprise Products Partners (EPD) and Intercontinental Exchange (ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area. The Midland WTI American Gulf Coast contract is being launched in response to market interest for a Houston-based index with greater scale, flow assurance and price transparency. It will utilize the capabilities and global reach of ICE's industry-recognized, state-of-the-art trading platform and is due to be launched by ICE by early 2022, subject to regulatory approval. The quality specifications of the new futures contract will be consistent with a West Texas Intermediate crude oil originating from the Permian Basin with common delivery options at either the Magellan East Houston terminal or the Enterprise Crude Houston terminal. In support of this new futures contract, Magellan and Enterprise anticipate discontinuing their existing provisions for delivery services under the current futures contracts deliverable at each terminal once the new contract receives regulatory approval and is finalized.
MMP...

Hot Stocks

08:23 EDT Magella, Enterprise team with ICE for new Houston crude oil futures - Magellan Midstream Partners (MMP), Enterprise Products Partners (EPD) and Intercontinental Exchange (ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area. The Midland WTI American Gulf Coast contract is being launched in response to market interest for a Houston-based index with greater scale, flow assurance and price transparency. It will utilize the capabilities and global reach of ICE's industry-recognized, state-of-the-art trading platform and is due to be launched by ICE by early 2022, subject to regulatory approval. The quality specifications of the new futures contract will be consistent with a West Texas Intermediate crude oil originating from the Permian Basin with common delivery options at either the Magellan East Houston terminal or the Enterprise Crude Houston terminal. In support of this new futures contract, Magellan and Enterprise anticipate discontinuing their existing provisions for delivery services under the current futures contracts deliverable at each terminal once the new contract receives regulatory approval and is finalized.
HSC

Hot Stocks

08:23 EDT Harsco's Reed Minerals introduces line of abrasive materials - Harsco Corporation announced that Harsco Environmental's Reed Minerals business has launched a new line of abrasive materials under its BLACK BEAUTY brand. The SURE/CUT product line is an enhanced environmentally friendly line of blasting products backed by research, development and testing in numerous field trials. It provides customers with a faster cutting solution that saves time and money while increasing productivity. SURE/CUT Edge is an enhanced nickel abrasive material, featuring lower consumption rates and dust generation, as well as low heavy metal and crystalline silica content. It also provides a cost savings benefit related to usage rate. SURE/CUT Velocity is an enhanced calcium-iron silicate abrasive material, providing superior cleaning rate, consumption rate and quality of the finished product on a variety of substrates and coatings.
CCCC

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08:22 EDT C4 Therapeutics presents preclinical data on CFT7455 - C4 Therapeutics presented pre-clinical data for CFT7455, the Company's lead program. CFT7455 is an orally bioavailable MonoDAC targeting IKZF1/3 for the treatment of multiple myeloma and non-Hodgkin's lymphomas, including peripheral T-cell lymphoma and mantle cell lymphoma. These results, which support clinical evaluation of CFT7455 in non-Hodgkin's lymphomas, were delivered as a poster presentation at the 16th Annual International Conference on Malignant Lymphoma. C4T conducted in vitro studies which demonstrated that CFT7455 binds to cereblon with high affinity, inducing potent and deep degradation of IKZF1 in pre-clinical NHL models. Notable observations include: Cellular competition studies confirmed the high potency of CFT7455 as a cereblon binder. Treatment of the KiJK cell line of anaplastic large cell lymphoma with CFT7455 for 6 hours led to an 89% reduction in IKZF1 protein levels. CFT7455 demonstrated potent antiproliferative activity across a panel of NHL cell lines with MYC, BCL2, and/or BCL6 translocations or rearrangements. This includes in vitro models of cutaneous T-cell lymphoma, anaplastic large cell lymphoma, mantle cell lymphoma, and high-grade B-cell lymphoma. In xenograft models of NHL, CFT7455 achieved improved in vivo potency and efficacy, including deeper and more durable tumor regressions in models of ALCL, diffuse large B-cell lymphoma and MCL, when compared to approved and investigational IMiD therapies. Notable observations include: CFT7455 treatment led to durable tumor regression associated with deep IKZF1 degradation and IRF4 downregulation in KiJK xenografts, where pomalidomide treatment was ineffective at a clinically relevant dose. In the TMD8 DLBCL xenograft model, which proved insensitive to IMiD treatment, CFT7455 promoted tumor regression. In the REC1 MCL xenograft model, doses of CFT7455 greater than or equal to 10 microgram/kg promoted tumor regression. Pharmacodynamic studies showed that CFT7455 promoted degradation of IKZF1 and downregulation of cyclin D1 and E2F1. CFT7455 achieved dose-dependent efficacy in both ALK- and ALK+ xenograft models, from 3-100 microgram/kg with regressions at doses greater than or equal to 30 microgram/kg. In addition, CFT7455 was shown to be between greater than30-100 times more potent than other IKZF1/3 degraders in development. Global proteomic studies showed only IKZF1/3 proteins were significantly degraded in DL-40 tumors with treatment of CFT7455, resulting in modulation of IFN-regulated genes. These results support continued development of CFT7455, which C4T is currently exploring for the treatment of relapsed or refractory multiple myeloma and non-Hodgkin's lymphomas following the initiation of a Phase 1/2 clinical study in June 2021.
JOBS CIHKY

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08:20 EDT 51job enters definitive agreement for going-private transaction - 51job (JOBS) announced that it has entered into a definitive Agreement and Plan of Merger with Garnet Faith Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands, pursuant to which, and subject to the terms and conditions thereof, Merger Sub will merge with and into the company with the Company being the surviving company, in a transaction implying an equity value of the Company of approximately $5.7B in which the Company will be acquired by a consortium of investors. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger, each common share, par value 0.01c per share, of the Company issued, outstanding and not represented by American depositary shares of the Company immediately prior to the Effective Time, other than the Excluded Shares, the Continuing Shares and the Dissenting Shares, will be cancelled and cease to exist, in exchange for the right to receive US$79.05 in cash per Share without interest, and each outstanding ADS, other than ADSs representing Excluded Shares and Continuing Shares, together with each Share represented by such ADS, will be cancelled in exchange for the right to receive US$79.05 in cash per ADS without interest. The Consortium intends to fund the Merger through a combination of cash contributions from certain members of the Consortium pursuant to their respective equity commitment letters, equity contributions from certain shareholders of the Company, proceeds from certain committed term loan facilities in an aggregate amount up to $1.825B from China Merchants Bank (CIHKY). Shanghai Branch as the sole original mandated lead arranger and the lead underwriter, and Shanghai Pudong Development Bank Co., Ltd. Shanghai Branch as the original joint mandated lead arranger and the co-lead underwriter, and available cash of the Company and its subsidiaries. The Company's board of directors approved the Merger Agreement and the Merger and resolved to recommend the Company's shareholders vote to approve the Merger Agreement and the Merger. The Special Committee negotiated the terms of the Merger Agreement with the assistance of its own financial and legal advisors. The Merger, which is currently expected to close during the second half of 2021, is subject to customary closing conditions.
ALGS

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08:20 EDT Aligos Therapeutics to present Phase 1 data for ALG-010133 - Aligos Therapeuticsannounced that a poster describing preliminary data in healthy volunteers from the ongoing Phase 1a/b multi-part umbrella clinical trial of Aligos' S-antigen Transport-inhibiting Oligonucleotide Polymers compound ALG-010133 will be presented at the European Association for the Study of the Liver Digital International Liver Congress 2021. ILC 2021 is being held virtually on June 23-26, 2021. The company will also present four other posters at the meeting, which are detailed below and highlight nonclinical data from multiple drug classes within Aligos' chronic hepatitis B portfolio: STOPS molecules, a novel capsid assembly modulator candidate, and the company's lead small interfering RNA and antisense oligonucleotide drug candidates. The posters are expected to be made available to conference registrants beginning June 23. Aligos' five ILC 2021 presentations, and their potential implications, are summarized below. ALG-010133: S-antigen Transport-inhibiting Oligonucleotide Polymer. Title: Safety, Tolerability and Pharmacokinetics of Single and Multiple Doses of ALG-010133, an S-antigen Transport-inhibiting Oligonucleotide Polymer for the Treatment of Chronic Hepatitis B. Summary: The poster details the initial safety and pharmacokinetics of single ascending doses (SAD) and multiple ascending doses of ALG-010133 in healthy volunteers. These SAD and MAD studies constitute two parts of a three-part, multicenter, double-blind, randomized, placebo-controlled study - ALG-010133-101. ALG-010133 was generally safe and well tolerated in HVs when given as single and multiple subcutaneous doses of up to 200 and 180 mg, respectively. No serious adverse events, adverse events leading to premature study drug discontinuation, nor concerning laboratory, ECG, vital sign or physical examination findings were reported. Injection site reactions were seen in 19% of ALG-010133-treated subjects. Based on the PK exposures achieved in HVs, we expect that weekly subcutaneous doses of 120 mg and higher will be evaluated in cohorts of CHB subjects in Part 3. These data formed the basis for the prior decision to initiate 12 weeks of ALG-010133 dosing in CHB subjects. To potentially mitigate any ISRs in CHB subjects, use of topical steroids has been implemented as a prophylactic measure. Title: Mechanism of Action of Hepatitis B Virus S-antigen Transport-inhibiting Oligonucleotide Polymers Molecule. Summary: In HepG2.2.15 cells transfected with the STOPS molecule ALG-10000, the molecule reduced both intracellular and extracellular S-antigen levels. As the molecule did not significantly co-localize with or bind to S-antigen, we believe it likely acts through other host cellular factors to reduce S-antigen levels. Five host proteins, all of which have roles in RNA processing, translation, or protein folding/degradation and are believed to function in viral replication and infection, were found to bind to ALG-10000: SRSF1, HNRNPA2B1, GRP78, RPLP1, and RPLP2. These data suggest that STOPS have a complex mechanism of action involving interactions with host factors which play a role in RNA processing, protein translation/folding, and transportation of the S-antigen protein. Title: Capsid Assembly Modulator ALG-000111 and its Prodrug ALG-000286 Display Excellent In Vitro and In Vivo Antiviral Activity. Summary: As part of a strategy to develop multiple structurally diverse CAM candidates to inhibit HBV viral replication in CHB, the authors characterized ALG-000111, a novel Class II CAM candidate. In vitro, ALG-000111 demonstrated sub-nanomolar potency, sustained antiviral activity and significant HBV DNA knockdown. The compound's prodrug form, ALG-000286, showed strong in vivo antiviral activity in an AAV-HBV mouse model as measured by declines in HBV DNA. Further development of this candidate is warranted as part of a diverse CHB portfolio. Title: ALG-125755, A Small Interfering RNA Against Hepatitis B Virus Effectively Inhibits Hepatitis B Surface Antigen Secretion in HBV Cell Models and the AAV-HBV Mouse Model. Summary: Aligos' lead siRNA candidate, ALG-125755, which targets the small open reading frame of the S-antigen transcript in HBV, was shown to knock down S-antigen by 1.5 log10 IU/mL 28 days after a single subcutaneous dose of 5 mg/kg in the AAV-HBV mouse model of HBV infection. This encouraging degree of S-antigen reduction in vivo is corroborated by its potency in vitro, where the candidate demonstrated 23.9 pM and 28.8 pM EC50 values in two different cell culture assays. The compound also demonstrated a favorable pharmacological profile in vitro in multiple other cell culture systems. Taken together, these data suggest that the compound is a potent agent with respect to S-antigen reduction and warrants further development as a potential therapeutic for chronic hepatitis B. Title: Combination Drug Interactions of Hepatitis B Virus Small Interfering RNA and Antisense Oligonucleotides In Vitro and In Vivo. Summary: As ASOs and siRNAs utilize independent pathways to potentially reduce S-antigen levels, unconjugated forms of Aligos' siRNA candidate ALG-125755 and of Aligos' ASO candidate ALG-020572 were evaluated for any additive or synergistic effects with respect to S-antigen knockdown, both in vitro and in vivo. In vitro, in dual combinations with each other as well as with other anti-HBV agents such as nucleos(t)ide analogs and capsid assembly modulators, the siRNA or ASO candidate each demonstrated a range of additive to significantly synergistic effects, depending on the specific combination used. With one another, the siRNA and ASO candidates exhibited synergy in vitro. These in vitro effects were confirmed in an AAV-HBV mouse model of HBV infection, where the ASO and siRNA exhibited additive effects with respect to S-antigen knockdown when combined. Based on the results of these interaction studies, further study is warranted to identify the most strategic combinations of siRNA and ASO candidates in CHB.
HPQ

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08:16 EDT HP Inc. announces HP Engage Go 10, HP Engage Flex Mini - In conjunction with NRF's Retail Converge 2021, HP Inc. expanded its Engage portfolio with the new HP Engage Go 10, a convertible system built to thrive on-the-go and serve customers from anywhere, and HP Engage Flex Mini, a powerhouse mini designed to meet the demands of customer applications across verticals. HP Engage Go 10 is expected to be available at hp.com/engagego10 in September 2021. HP Engage Flex Mini expected to be available at hp.com/engageflexmini in June 2021.
TEVA

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08:15 EDT New data for Teva's fremanezumab injection for migraines presented at EAN - A new analysis presented by Teva Pharmaceutical Industries on AJOVY or fremanezumab, injection for the preventive treatment of migraine, indicates to the European neurology community that the medicine has a positive safety profile in relation to risk of cardiovascular events. The data, drawn from an analysis of three published Phase 3 studies of fremanezumab and presented at the 7th Congress of the European Academy of Neurology, EAN, showed minimal changes in the heart rate and blood pressure of those patients studied over a 12 week period. "As a CGRP inhibitor, fremanezumab has been shown to provide protection against migraine in suitable patients, and we remain focused on continued assessment of the safety profile of this therapy, particularly in relation to heart-related issues as it is believed CGRP itself acts as a 'safeguard' during cardiovascular ischemia and other events," said Dr Joshua M. Cohen, Senior Director and Global Therapeutic Area Lead, Migraine and Headache, Teva.
MDGS

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08:15 EDT Medigus JV Revoltz completes micromobility vehicle functional prototype - Medigus announced that Revoltz, its EV and wireless charging joint venture, operated through its wholly owned subsidiary, Charging Robotics Ltd. has successfully completed the preliminary design and functional prototype of Model One, its micromobility vehicle for last mile and food delivery. Model One, based on Revoltz' modular micro mobility platform, is designed to facilitate efficient delivery of smaller items in urban environments while maintaining low and immediate transportation costs. A three-wheeled chassis with a wide platform design provides maximum safety for the rider as well as complete mobility in imperfect road conditions. The Model One design includes two loading surfaces, front and rear, each of which can be used flexibly with interchangeable modules, depending on the customer's needs. The model is designed to carry two-and-a-half times the cargo as a traditional scooter.
ALHC

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08:14 EDT Alignment Healthcare receives conditional approval to expand product lines - Alignment Healthcare announced a significant expansion of its plan portfolio with the addition of Dual-Eligible Special Needs Plans in 24 counties and Chronic Condition Special Needs Plans in 11 counties nationwide, pending regulatory approval. Individuals enrolled in both Medicare and Medicaid can select one of these D-SNP or C-SNP options during Medicare's annual enrollment period, which begins Oct. 15.
SPRB

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08:13 EDT Spruce Biosciences announces publication of results from two tildacerfont trials - Spruce Biosciences announced the publication of the results from two Phase 2 clinical studies investigating tildacerfont in adult patients with classic CAH in the Journal of Clinical Endocrinology and Metabolism. SPR001-201 was an open-label, multi-dose, Phase 2a dose-escalation study which evaluated the ability of tildacerfont to lower adrenocorticotropic hormone, or ACTH, 17-hydroxyprogesterone, or 17-OHP and androstenedione, or A4, at doses ranging from 200mg daily to 1,000mg daily in patients with congenital adrenal hyperplasia due to 21-hydroxylase deficiency. SPR001-202 was an open-label, 12-week Phase 2a clinical trial, which assessed the ability of a daily dose of 400mg of tildacerfont to lower ACTH, 17-OHP, and A4 over a 12-week dosing period. SPR001-201 and SPR001-202 comprised the entire Phase 2a clinical development program for tildacerfont in adult classic CAH. In the studies, efficacy was evaluated by changes from baseline in ACTH, 17-OHP, and A4 according to baseline A4 is equal to 2x upper limit of normal, or ULN, denoted as baseline good disease control, or A4 greater than 2x ULN, denoted as baseline poor disease control. Safety was evaluated using adverse events and laboratory assessments. The results of the studies showed that tildacerfont reduced key hormone biomarkers towards normal levels in the baseline poor disease control group, including normalization of ACTH and A4 in 60% and 40% of patients, respectively. In patients with baseline good disease control, these hormones were maintained near or below normal levels. Tildacerfont was generally safe and well-tolerated. The findings from these studies support the ongoing global late-stage studies of tildacerfont in adults with classic CAH - CAHmelia-203 and CAHmelia-204.
AKRO

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08:13 EDT Akero Therapeutics presents analyses from Phase 2a BALANCED study - Akero Therapeutics announced additional analyses from its Phase 2a BALANCED study of efruxifermin in NASH patients with F1-F3 fibrosis, which were presented in two posters at the 2021 International Liver Congress. These analyses show significant correlations between normalization of liver fat and improvements in markers of liver injury and fibrosis, as well as whole-body metabolism. The new analyses also show that combining ALT response of greater than or equal to 17 U/L with normalization of liver fat increases the power to predict resolution of NASH and NASH resolution combined with a 1-stage improvement in fibrosis. Abstract No. 1314: "The role of reduction in liver fat content and ALT in predicting treatment response in NASH: A secondary analysis of the randomized, controlled BALANCED trial," presented by Rohit Loomba, M.D. Abstract No. 1762: "Correlation between changes in liver fat content and improvements in serum markers of liver injury, fibrosis, metabolism, and in histologic parameters following treatment with efruxifermin," presented by Stephen Harrison, M.D. EFX is currently being evaluated in a Phase 2b clinical trial in patients with F2/F3 fibrosis, the HARMONY study. A second Phase 2b clinical trial in patients with Cirrhotic NASH is planned for the second half of 2021.
BRP

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08:11 EDT BRP Group appoints Naimish Patel as president of Homeowners Insurance Group - BRP Group is pleased to welcome Naimish Patel as President of a newly established "Homeowners Insurance Group" within Millennial Specialty Insurance, which became effective June 7, 2021. In his role reporting to Jim Roche, Founder and Managing Partner of MSI, Naimish will build and lead a new team dedicated to scaling a suite of tech-enabled, homeowners-focused MGA solutions for insureds across the United States. More recently, Naimish has helped launch and scale several data & analytics focused insurtech startups, including Gradient AI where he served as the company's Chief Product Officer.
JOBS

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08:10 EDT 51Job trading halted, news pending
IMMP

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08:09 EDT Immutep completes A$60M placement to expand clinical development - Immutep announced that it has received commitments for a A$60 million two-tranche private placement of new ordinary shares to professional, institutional and sophisticated investors. The first tranche of the Placement will be completed without shareholder approval. The second tranche of the Placement is subject to shareholders approval. The Company will use the proceeds received from the Placement to fund the expansion of its clinical programs and to commence the process characterisation and process validation for efti commercial manufacturing. The proceeds received from the Placement will also be used for the offering costs and working capital purposes. The Placement will involve the issue of New Shares at an issue price of A$0.52 per New Share. The New Shares issued under the Placement will rank equally with existing Immutep ordinary shares on issue with effect from their date of issue. Settlement of the first tranche of the Placement is expected to occur on June 25, 2021, with the issuance of New Shares expected to occur on June 28, 2021. Assuming Shareholder Approval is obtained for the completion of the second tranche of the Placement, settlement is expected to occur on July 29, 2021, with the issuance of New Shares expected to occur on July 30, 2021. Following completion of the issue of the first tranche of the Placement, Immutep will conduct an offer of New Shares under a non-underwritten share purchase plan to existing shareholders in the Company with a registered address in Australia and New Zealand as at 7.00pm on June 18, 2021. The SPP will provide each Eligible Shareholder with the opportunity to apply for up to A$30,000 of New Shares at the price payable per New Share in the Placement. The SPP is targeting to raise approximately A$5 million. The SPP is expected to close at 5.00pm on July 22, 2021.
MSTR BTC

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08:09 EDT MicroStrategy purchases additional 13,005 bitcoins for $489M in cash - MicroStrategy (MSTR) announced that it had purchased an additional approximately 13,005 bitcoins (BTC) for approximately $489M in cash at an average price of approximately $37,617 per bitcoin, inclusive of fees and expenses. As of June 21, MicroStrategy holds an aggregate of approximately 105,085 bitcoins, which were acquired at an aggregate purchase price of approximately $2.74B and an average purchase price of approximately $26,080 per bitcoin, inclusive of fees and expenses.
ALHC

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08:08 EDT Alignment Healthcare expands plan portfolio with PPO plans - Alignment Healthcare announced the expansion of its plan portfolio to include new Preferred Provider Organization plans in 28 markets nationwide beginning Jan. 1, 2022, pending regulatory approval. New and existing Alignment Health Plan members in California, Arizona and North Carolina will be able to select from these plans during Medicare's annual enrollment period, which begins Oct. 15. Alignment currently offers two PPO plans including the My Choice PPO with Sutter Health. Among the new PPO plan choices will be a virtual care PPO option in Arizona, California and North Carolina, on the heels of Alignment's debut this year of AVA HMO - a virtual-first health plan. Pending regulatory approval, the company's expanded PPO portfolio will be available to members in 11 counties that Alignment serves in California, including Los Angeles, Orange and San Diego; in Pima and Maricopa counties in Arizona; and in all 15 counties Alignment serves in North Carolina.
NVEE

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08:07 EDT NV5 Global awarded $6M transportation infrastructure contract by Fresno - NV5 Global announced that the City of Fresno, California has selected NV5 for a $6.3 million contract to provide program management services for the Veterans Boulevard Interchange and Corridor Improvement Project, a major arterial road and interchange in California's Central Valley. The project includes the expansion of Veterans Boulevard to a six-lane roadway, a new interchange with State Route 99 including four bridges, and improvements to the surrounding roadways. Under this contract, NV5 will provide owner's representative services, project management, inspection services, and additional support services. The project is expected to be completed in December 2024.
GILD

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08:07 EDT Gilead announces data from three Veklury trials in COVID-19 patients - Gilead announced data from three retrospective studies of the real-world treatment of patients hospitalized with COVID-19, adding to the body of mortality and hospital discharge data for patients treated with Veklury. Presented at the World Microbe Forum, or WMF, this week, all three of the real-world analyses observed that, in the overall patient populations, patients who received Veklury treatment had significantly lower risk for mortality compared with matched controls. A reduction in mortality was observed across a spectrum of baseline oxygen requirements. The results were consistently observed at different timeframes over the course of the pandemic and across geographies. Two of the studies also observed that patients who received Veklury had a significantly increased likelihood of discharge from the hospital by Day 28. The three real-world data analyses presented at WMF include 98,654 patients hospitalized with COVID-19. Two retrospective studies observed treatment trends and outcomes in the U.S. from the HealthVerity and Premier Healthcare databases. A third analysis compared clinical outcomes in patients receiving a 10-day treatment course of Veklury in the extension phase of the global, open-label SIMPLE-Severe study with patients receiving standard of care in a real-world retrospective longitudinal cohort study. All three analyses utilized pre-specified endpoints, best practice methodologies, including robust matching and weighting approaches, and sensitivity analyses, and were conducted in collaboration with independent experts in real-world comparative effectiveness research. In the double-blind, placebo-controlled ACTT-1 clinical trial of hospitalized patients with COVID-19, there was a trend toward reduced mortality at Day 29 in Veklury-treated patients compared with placebo in the overall study population; this result was not statistically significant. Given the range of disease severity in the overall study population, a post-hoc analysis with no adjustment for multiple testing was conducted to determine whether there were differences in mortality based on patients' baseline clinical status. In this analysis, patients requiring low-flow oxygen at baseline who received Veklury achieved a statistically significant 70% reduction in mortality at Day 29. The difference in mortality in other subgroups based on baseline clinical status was not statistically significant. The effect on mortality observed in other published studies has varied, by both result and analysis method.
OEG

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08:07 EDT Orbital Energy's Gibson Technical awarded distributed antennae system project - Orbital Energy announced that its telecommunications subsidiary, Gibson Technical Services, has been awarded a project by a major U.S. cellular carrier to install a distributed antennae system in a large Atlantic Athletic Conference university stadium. The project is scheduled to commence in the coming weeks and to be completed during the 2021 ACC football season. Mike McCracken, GTS's CEO, commented, "Being awarded this project from a leading telecommunications services provider for a major university stadium recognizes GTS's ability to deliver high quality engineering and construction services. It also reflects how DAS projects are now coming back online, after being largely delayed due to the pandemic."
CNNEF

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08:06 EDT Canacol Energy tests 35.5 MMSCFPD at Aguas Vivas 1 - Canacol Energy is pleased to provide the following update concerning its Aguas Vivas 1 exploration well and the near term appraisal drilling program. The Corporation also provides information on its dividend program. As earlier reported, the Aguas Vivas 1 exploration well encountered 412 feet true vertical depth of net gas pay within the Cienaga de Oro sandstone reservoir, the thickest net gas pay ever encountered by the Corporation in its history. The CDO sandstone reservoir was perforated across an interval of 145 ft TVD and drill stem tested. The well flowed at a final rate of 35.5 million standard cubic feet per day with a flowing wellhead pressure of 1013 psi and no water after a 22 hour test period. The average flow rate achieved during the recorded test period was 17.2 MMscfpd. The well has been tied into the Jobo gas treatment facility and is on permanent production. The Aguas Vivas 2 appraisal well was spud on June 12, 2021 and is targeting a planned total depth of approximately 8,419 ft MD within the CDO sandstone reservoir, the primary target of the well. Upon completion of the drilling operations, the Aguas Vivas 2 appraisal well will be cased and completed and the rig will be used to immediately spud the Aguas Vivas 3 appraisal well. The Corporation will provide an update on drilling and testing results as they become available.
BALY

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08:05 EDT Bally's announces multi-year market arrangement with Boot Hill Casino & Resort - Bally's announced that it has entered into a multi-year market arrangement with Boot Hill Casino & Resort, located in Dodge City, Kansas. "With the pending Kansas state sports betting legislation, Boot Hill Casino is committed, as a manager on behalf of the Kansas Lottery, to timely and effectively implement "Bally Bet," Bally's mobile sportsbook, to provide Kansas sports fans access to sports betting upon enactment of the legislation. Bally's expects that its media partnership with Sinclair Broadcast Group, which provides it with access to integrate content into Sinclair's portfolio of 19 regional sports networks, will also attract sports fans in neighboring states to the Kansas mobile sportsbook," the company said. All gaming in Kansas is owned and operated by the Kansas Lottery. The arrangement, as required by law, would license, transfer or lease the necessary Bally's mobile sportsbook elements to the Lottery to offer Kansas sports fans a premium sports betting platform.
CLSN

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08:05 EDT Celsion enters $10M strategic loan facility with Silicon Valley Bank - Celsion Corporation announces it has entered into a $10 million loan facility with Silicon Valley Bank. Celsion immediately used $6 million from this facility to retire all outstanding indebtedness with Horizon Technology Finance Corporation. The remaining $4 million will be available to be drawn down up to 12 months after closing and will be used for working capital and to fund the advancement of the Company's product pipeline, including GEN-1 for the treatment of newly diagnosed advanced ovarian cancer, as well as other strategic initiatives intended to broaden its product pipeline. The funding is in the form of money market secured indebtedness bearing interest at a calculated WSJ Prime-based variable rate. Payments under the loan agreement are interest only for the first 24 months after loan closing, followed by a 24-month amortization period of principal and interest through the scheduled maturity date.
FMNB

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08:04 EDT Farmers National Banc CFO Carl Culp announces retirement - Farmers National Banc announced the following changes in its Accounting and Finance Executive Group. The changes are prompted by Carl D. Culp's decision to retire as Farmers National Bank Chief Financial Officer and Senior Executive Vice President, effective August 15, 2021. The decision ends Culp's highly successful 36-year career in accounting and the financial services industry, with 32 years dedicated to Farmers National Bank, including the last 25 years as Farmers' Chief Financial Officer and Senior Executive Vice President. Culp has agreed to provide advisory services for a period of time to ensure a seamless transition to his successor.
FICO COF

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08:03 EDT Fair Isaac names Vice President, Head of Software Engineering - FICO (FICO) has announced the appointment of Jay Sanne as Vice President and Head of Software Engineering. Prior to joining FICO, Sanne was Managing Vice President and Chief Technology Officer for Premium Card Products at Capital One (COF). Sanne will oversee the planning and execution of all software development and engineering activities across FICO's best-in-class cloud platform as well as platform solutions and services.
HII

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08:03 EDT Huntington Ingalls announces international order for REMUS 300 UUVs - Huntington Ingalls Industries announced that the Royal New Zealand Navy has placed the first international order for four REMUS 300 unmanned underwater vehicles. New Zealand has a fleet of six REMUS 100 UUVs that are used for mine countermeasures and underwater survey operations. The Royal New Zealand Navy has also used its REMUS vehicles for search and recovery, including locating the wreck of the Princess Ashika ferry in 2009 and assisting with the White Island volcano search effort in 2019.
MASI

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08:03 EDT Masimo announces FDA clearance of Radius T wearable thermometer - Masimo announced that Radius T, a wearable, wireless thermometer that measures body temperature continuously and noninvasively, has received FDA 510(k) clearance for both prescription and over-the-counter use on patients and consumers five years and older. Featuring continuously trending temperature measurements and Bluetooth connectivity, Radius T automates remote, continuous body temperature status for clinicians through its paired connection to a Masimo patient monitoring or telehealth solution, and for consumers through the Masimo Radius T smartphone application.
OLP

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07:49 EDT One Liberty Properties trading resumes
PPL

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07:43 EDT Solar Alliance completes 1 MW solar project for LG&E/KU in Kentucky - Solar Alliance Energy announced construction has been completed at a one megawatt solar project in Kentucky for Louisville Gas and Electric Company and Kentucky Utilities Company, part of the PPL Corporation family of companies. The solar system, which consists of Phase 3 and 4 of LG&E and KU's Solar Share facility in Simpsonville, is now fully operational and producing energy for subscribing customers. Solar Alliance worked with Boyd CAT, a regional Caterpillar dealer, on this and other projects as the two companies expand the portfolio of solar projects they are partnering on. A total of eight 500-kilowatt Solar Share sections are planned for the Simpsonville facility, for a total of 4 megawatts. Construction of each section is completed as each becomes fully subscribed. The utility is currently accepting enrollments for the fifth section, which is now nearly 80% subscribed.
RADA

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07:41 EDT Rada Electronic partners with BeyondMinds on AI solutions for tactical radars - RADA Electronic Industries and BeyondMinds have executed a Letter of Intent to establish strategic teaming to develop and productize advanced AI and deep learning solutions for RADA's tactical radars. RADA has defined AI as a core capability, and has recently assembled a core group, which along with BeyondMinds' cutting-edge AI models and unique solutions, is expected to maintain and enhance RADA's leadership in the market of tactical radars for the maneuver force. Solutions will focus on increased accuracy, advanced target classification and dynamic adaptation of radar performance to the ever-changing operational environment. A definitive agreement is due by end of July 2021.
NVFY

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07:40 EDT Nova Lifestyle exhibits new design line at High Point Market trade show - Nova LifeStyle has exhibited a new design line at the High Point Market furniture trade show June 5th thru 9th. Tawny Lam, Chairperson and CEO of Nova LifeStyle, stated, "The event is always a special place for our company to display our product lines and interact with buyers from all over the world. We have been very active in our sales and marketing strategy throughout the pandemic as well as speaking and meeting with loyal current and prospective customers like Nebraska Furniture Mart, Regency Furniture, El Dorado Furniture and Slumberland to name a few. I am very pleased with our overall strategy a few years ago that had us shift to higher margin products and our continued inventory buildup which allows us to be able to fulfill orders in a timely fashion and stay competitive even with the tremendous delay of shipment and increase of the freight charges due to the COVID-19 pandemic."
PSN

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07:39 EDT LA Metro selects Parsons for I-10 express lane project - Parsons Corporation announced that the company has been selected by the Los Angeles County Metropolitan Transportation Authority to provide full engineering services in preparing environmental reporting and concept of operations for 17 miles of express lanes on Interstate 10. The $23.5M contract builds on Parsons' relationship with LA Metro while helping improve transportation in the Los Angeles region. The 17-mile express lane segment project will connect two existing segments, completing a continuous 64-mile express lane corridor along I-10 from Alameda Street to Ford Street. As part of the contract, Parsons will also assist LA Metro in determining the appropriate delivery method for the next phase of the project.
ABSSF

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07:38 EDT AirBoss of America commences trading on OTCQX Best Market - AirBoss of America Corp. announced that its common shares are now qualified for trading under the ticker symbol ABSSF on the OTCQX Best Market, a United States trading platform that is operated by the OTC Markets Group Inc. in New York. The Company's Shares will continue to trade on the TSX under the symbol "BOS" and will trade on the OTCQX under the symbol "ABSSF".
OLP HVT

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07:37 EDT One Liberty Properties sells retail property for $40.5M - One Liberty Properties (OLP_ announced that it closed on a $40.5M sale of a 47,200 square foot building and the related parking lot located in West Hartford, Connecticut and leased to Whole Foods. The proceeds were used to repay a $15.4M mortgage on the property, pay off the $17.9M outstanding balance on the Company's credit facility and pay transaction related costs. The remaining proceeds of approximately $5.4M will be used for general corporate and working capital purposes. The Company anticipates that for the quarter ending June 30, 2021, it will recognize an approximate net gain of $21.5M from this sale, before giving effect to a $796,000 mortgage swap termination fee. During the three months ended March 31, 2021, the Company recognized $440,000 of rental income and incurred $132,000 of mortgage interest expense and $80,000 of depreciation and amortization expense at this property. The Company and Havertys (HVT), entered into new leases which extended the lease term on ten of the eleven properties that had been scheduled to expire in August 2022, although one of these leases provides that it can be terminated by either party prior to the stated termination date. Generally, the lease extensions run for four to nine years from the August 2022 expiration date. The Company also agreed to invest up to $3M for tenant improvements. After giving effect to the lease extensions and assuming the lease subject to the mutual termination right is not terminated, rental income from this tenant is anticipated to be approximately $4.8M, $4.5M and $4M in 2021, 2022 and 2023, respectively.
UTL

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07:35 EDT Unitil commits to net-zero emissions goal by 2025 - Unitil Corporation announced its commitment to reduce company-wide direct greenhouse gas emissions from 2019 levels by at least 50 percent by 2030, and to net-zero emissions by 2050. These goals are part of the Company's overall commitment to environmental stewardship, sustainability and corporate responsibility, and are consistent with the goals established under the Paris Climate Agreement. With these goals established for 2030 and 2050, the Company will reduce greenhouse gas emissions from its buildings, vehicles and pipelines, while continuing to provide safe and reliable service for its customers. In addition, Unitil will continue to work with customers, policymakers and industry leaders to reduce emissions from the energy supply delivered to customers. In addition to protecting the environment, the Company anticipates these actions will enhance operating efficiency and lower costs.
ARWR HZNP

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07:35 EDT Arrowhead, Horizon Therapeutics enter ARO-XDH license agreement - Arrowhead (ARWR) and Horizon Therapeutics (HZNP) announced a global collaboration and license agreement for ARO-XDH, a previously undisclosed discovery-stage investigational RNA interference, or RNAi, therapeutic being developed by Arrowhead as a potential treatment for people with uncontrolled gout. Under the terms of the agreement, Arrowhead will conduct all activities through preclinical stages of development of the siRNA therapeutic. Horizon will receive a worldwide exclusive license to the therapeutic and will be wholly responsible for clinical development and commercialization. Arrowhead will receive $40M as an upfront payment from Horizon and is eligible to receive up to $660M in potential development, regulatory and commercial milestones, and is further eligible to receive royalties in the low- to mid-teens range on net product sales.
PBA...

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07:33 EDT Pembina Pipeline, Inter Pipeline file cross-applications with ASC - Pembina Pipeline (PBA) announced that Pembina and Inter Pipeline (IPPLF) have filed cross-applications with the Alberta Securities Commission, or ASC, to remedy disclosure issues and coercive tactics by Brookfield Infrastructure Partners (BIP) and its affiliates in relation to its inferior hostile take-over offer of Inter Pipeline. Pembina's President and Chief Executive Officer Mick Dilger added: "It is critically important that all shareholders involved in a large transaction be given transparency and a fair, unencumbered process to choose the deal that they determine to be in their best interests. This is equally important for sophisticated investors and individual retail holders. Brookfield cannot use its 'block' of shares to threaten the strategic merger with Pembina, while at the same time claiming that it does not control these shares and that they count toward acceptance of its tender offer. Brookfield is clearly conflicted and must step back and let Inter Pipeline's other shareholders choose the best offer."
OLLI

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07:33 EDT Ollie's announces change to participation date at Jefferies conference - Ollie's Bargain Outlet Holdings announced that the Company will now be participating in a fireside chat at the 2021 Jefferies Virtual Consumer Conference on Wednesday, June 23, 2021, at 2:40 PM ET. Attending for Ollie's will be John Swygert, President and CEO and Jay Stasz, SVP and CFO.
OLP

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07:30 EDT One Liberty Properties trading halted, news pending
GLOP LNG

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07:29 EDT GasLog Partners enters charter agreement with Cheniere Energy - GasLog Partners LP ("GLOP) announced a new time charter agreement for the Methane Heather Sally with a wholly owned subsidiary of Cheniere Energy, Inc. (LNG). The charter began last week and has a minimum duration one year. Cheniere have the option, until late August, to extend the charter for an additional one or two years. The Methane Heather Sally is a 145,000 cbm steam turbine LNG carrier built in 2007 which previously operated in the spot market.
ALEAF

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07:27 EDT Aleafia Health appoints Matt Sale as CFO - Aleafia Health announced the appointment of Matt Sale to its executive leadership team as CFO, effective today. Working within the investment banking groups of Raymond James and BMO Capital Markets, Sale has been a trusted financial advisor to some of Canada's publicly listed and private companies.
LB

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07:22 EDT L Brands files Form 10 registration statement for planned VS separation - L Brands, Inc. announced the public filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission in connection with the previously announced separation of the Victoria's Secret business into an independent, public company. The new company, named Victoria's Secret & Co., will include Victoria's Secret Lingerie, PINK and Victoria's Secret Beauty. The filing provides detailed information on Victoria's Secret's business, strategy and historical financial results. As previously announced, the separation is currently expected to be completed in August 2021, subject to certain customary conditions, including final approval by the L Brands Board of Directors and effectiveness of the Form 10 registration statement.
MEDIF

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07:21 EDT Medipharm Labs enters research agreement with McMaster University - MediPharm Labs announced it has entered into a research partnership Master Agreement with McMaster University. The Agreement is a key step that enables MediPharm Labs to work with McMaster University's large and diversified roster of clinicians leading the way in cannabis research and drug development. Under the terms of the Agreement, MediPharm Labs will enter into a separate Statement of Work with each clinician group. MediPharm Labs will use its Cannabis Drug Licence to provide access to clinical trial material that meets pharmaceutical quality standards and Good Manufacturing Practice, as well as investigative protocol and regulatory approval support. MediPharm Labs and McMaster University researchers have proposed three distinct clinical trials, each led by separate clinician groups looking to develop novel cannabis-based drugs to treat different indications including pain, insomnia associated with major depression, and uremic pruritus. MediPharm Labs will assist in the development of the study drugs that will be evaluated, and each will name a Principal Investigator physician. MediPharm Labs' expertise in formulation and delivery methods will be critical to the execution of these trials. Before each study begins, all necessary approvals from relevant regulatory authorities, including Health Canada, will be obtained.
GME

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07:20 EDT GameStop appoints Matt Furlong to board of directors - GameStop announced the appointment of Matt Furlong to the Company's Board of Directors, effective immediately. The appointment date aligns with Mr. Furlong's start date as GameStop's new CEO. Coinciding with Mr. Furlong's appointment, George Sherman has retired from the Board. Five of the six members of the Board remain independent.
OEPW

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07:19 EDT One Equity Partners completes acquisition of BRUSH - One Equity Partners announced that it has completed the acquisition of the BRUSH. Terms of the private transaction were not disclosed."The world has chosen electricity as its power source for the 21st century, and BRUSH is well positioned to benefit from these positive underlying electrification trends. BRUSH supports its customers upgrading aging grids, meeting peak and standby power needs, and deploying new products for rapidly evolving requirements such as EV charging, data centers, rail transportation, smart grid and renewable applications," said Steve Lunau, Managing Director, OEP. Additionally, BRUSH has acquired Aprenda, a specialist electrical engineering company that provides a wide range of high-level consultation, design, and turnkey installation services for customers in the UK power distribution industry, for undisclosed terms.
VISL

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07:19 EDT Vislink adjourns Annual Meeting to July 19 - Vislink announced that its 2021 annual meeting of stockholders, which was originally scheduled for June 21, 2021, will be convened and adjourned, without any business being conducted, due to lack of the required quorum. The Annual Meeting will be adjourned to 9:00 a.m. on July 19, 2021 to allow additional time for the Company's stockholders to vote on the proposals set forth in the Company's definitive proxy statement filed with the Securities and Exchange Commission.
AKTS

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07:18 EDT Akoustis signs foundry agreement with 5G mobile RF front-end customer - Akoustis Technologies announced that it has signed a foundry agreement with a mobile RF front-end customer for the manufacture of XBAW filters for 5G mobile handsets and other wireless devices. Akoustis will manufacture the new high frequency RF filter using its patented and proprietary XBAW process at its fab in Canandaigua, NY. The foundry agreement was reached after the customer evaluated initial filter samples that Akoustis delivered in the March 2021 quarter. Akoustis plans to ship additional samples in the second half of calendar 2021 that utilize its new wafer chip-scale packaging. The customer is expected to ramp volume production by the second half of calendar 2022.
VRSK

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07:17 EDT Wood Mackenzie welcomes Quinbrook Infrastructure as development partner - Wood Mackenzie welcomes Quinbrook Infrastructure Partners as a development partner for the Lens decision intelligence platform. With its analytics-ready power and renewables data integrated into a single platform, Lens Power enables organisations to maximise investment opportunities in clean energy and be on the forefront of the energy transition.
UK

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07:16 EDT Ucommune International CFO resigns for personal reasons, appoints new CEO - Ucommune International announced executive and board member changes, effective immediately as follows. Cheong Mun has resigned from his positions of Chairman of the Board and Chief Financial Officer for personal reasons. Cheong will remain on the Board as a director. Daqing Mao, founder and prior board director of the company, has been appointed to the position of Chairman of the Board. Siyuan Wang, previously financial controller of the company, has been promoted to the position of Chief Financial Officer. Xin Guan has replaced Zhuangkun He as Chief Executive Officer while retaining her original position of Chief Operating Officer. He, a co-founder of Ucommune, will continue to work as an advisor for the Company with a focus on strategic planning. Zirui Wang, previously the risk officer of risk control department for the Company, has been appointed to the position of Chief Risk Officer. Guohang Wang has resigned from the position of Chief Strategy Officer. Xin Guan, Chief Operating Officer and newly appointed Chief Executive Officer, will assume the responsibility for the work previously assigned to Wang in this role.
AVXL

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07:15 EDT Anavex announces data from Phase 2 trial of ANAVEX 2-73 - Anavex Life Sciences Corp. reported predictive biomarker of response established with SIGMAR1 mRNA expression correlates significantly with responses in primary clinical efficacy endpoints from the U.S. Phase 2 randomized, double-blind, placebo-controlled trial of ANAVEX 2-73 in adult female patients with Rett syndrome. ANAVEX 2-73 activates the sigma-1 receptor. Data suggests that activation of SIGMAR1 results in the restoration of complete housekeeping function within the body and is pivotal to restoring neural cell homeostasis and promoting neuroplasticity. Recent independent findings strengthen the understanding of the beneficial effect of SIGMAR1 activation as compensatory mechanism to chronic CNS diseases. Rett syndrome is a chronic CNS disease caused by a spontaneous mutation of one gene, MECP2. This study demonstrates for the first-time that a biomarker correlates with clinical efficacy in Rett syndrome. ANAVEX 2-73 treatment resulted in increases in the mRNA expression of SIGMAR1, the gene coding for the receptor targeted by ANAVEX 2-73, which correlated with clinical efficacy as measured by both primary efficacy endpoints, namely RSBQ and CGI-I. In addition, prespecified patients with WT SIGMAR1 in the clinical trial demonstrated a clinically meaningful and statistically significant 14.5-point improvement over placebo in the RSBQ total score, the trial's key efficacy endpoint. This magnitude of the improvement with ANAVEX 2-73 compares favorably to published data currently in clinical development, which reported an average difference of 4.4 points in RSBQ total score versus placebo, despite an advantage of higher dose and lower age compared to ANAVEX 2-73-RS-001 trial. The RSBQ demonstrated balanced improvements across all the instrument's subscales during the trial period of 7 weeks, including general mood, breathing, hand behavior, repetitive face movements, body rocking, night-time behavior, fear/anxiety, walking/standing. The Anxiety, Depression, and Mood Scale, which is a measure of anxiety and mood symptoms in individuals with intellectual disability, has been clinically validated for use in Rett syndrome and in Fragile X syndrome, demonstrated clinically meaningful and statistically significant 12.9-point improvement for ANAVEX 2-73 treated adult patients with Rett syndrome vs placebo in prespecified patients with WT SIGMAR1. The ADAMS also demonstrated balanced improvements across all different subscales during the trial period of 7 weeks, including manic/hyperactive behavior, depressed mood, social avoidance, general anxiety, obsessive compulsive behavior. Anavex is planning to meet with the FDA to discuss the approval pathway. There are no FDA-approved drugs for Rett syndrome. ANAVEX 2-73 has Fast Track designation, Rare Pediatric Disease designation and Orphan Drug designation from the FDA for the treatment of Rett syndrome and may be considered for accelerated approval.
GSK VIR

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07:12 EDT GSK, Vir Biotechnology expect initial data from COMET-PEAK study in 2H21 - The companies are pleased to announce continued progress with the robust COMET clinical development program, which aims to provide clinical evidence from several studies over the course of the next year. COMET-PEAK, a pharmacokinetic study in outpatients with mild-to-moderate COVID-19 investigating intramuscular administration of sotrovimab, is near completion and initial data is expected in second half of 2021. COMET-TAIL has been initiated. This is a Phase 3 study evaluating the role of IM-administered sotrovimab for the early treatment of mild-to-moderate COVID-19 in high-risk non-hospitalized adult and pediatric patients. Data are anticipated in the first half of 2022. A prophylaxis study is planned in uninfected immunocompromised adults to determine whether IM-administered sotrovimab can prevent symptomatic COVID-19 infection. GSK and Vir are committed to ongoing evaluation of sotrovimab as the COVID-19 landscape continues to evolve at different rates across the globe and new variants of concern and interest emerge. Data from in vitro studies, published in bioRxiv, have demonstrated that sotrovimab maintains activity against circulating variants of concern and interest, including the Gamma, Epsilon, Delta, Iota, Beta and Alpha variants. GSK and Vir are continuing to evaluate the ability of sotrovimab to maintain activity against new and emerging variants through in vitro studies. The clinical impact of this in vitro variants data is not yet known.
GSK VIR

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07:11 EDT GSK, Vir Biotechnology report results from Phase 3 study of sotrovimab - GlaxoSmithKline (GSK) and Vir Biotechnology (VIR) today announced final, confirmatory results from the Phase 3 COMET-ICE trial demonstrating that sotrovimab, an investigational SARS-CoV-2 monoclonal antibody, significantly reduced the risk of hospitalization or death among high-risk adult outpatients with mild-to-moderate COVID-19. Additionally, the U.S. National Institutes of Health updated its COVID-19 treatment guidelines to recommend sotrovimab for non-hospitalized patients with mild-to-moderate COVID-19 who are at high risk of clinical progression and noted that sotrovimab appears to retain activity against current variants of concern and interest. The primary efficacy analysis of all 1,057 patients in the COMET-ICE trial demonstrated a 79% reduction in hospitalization for more than 24 hours or death due to any cause, by Day 29 compared to placebo, meeting the primary endpoint of the trial. The number of patients in the trial who were hospitalized for greater than24 hours for acute management of any illness or death from any cause at Day 29 was six patients in the sotrovimab arm, versus 30 patients in the placebo arm. In the sotrovimab arm, it is possible that half of those patients who were hospitalized were for reasons other than progression of COVID-19; this was not the case for patients in the placebo arm. In the safety analysis, 1,037 participants were followed through at least 29 days. The most common adverse events observed in the sotrovimab treatment group in COMET-ICE were rash and diarrhea, all of which were Grade 1 or Grade 2. No other treatment-emergent adverse events were reported at a higher rate with sotrovimab compared to placebo. The companies plan to submit the full COMET-ICE data set to a peer-reviewed journal for publication. The NIH recently updated its guidelines regarding the emergency use authorizations of anti-SARS-CoV-2 monoclonal antibodies for the treatment of COVID-19 in the U.S. to recommend the use of sotrovimab for non-hospitalized patients with mild-to-moderate COVID-19 who are at high risk of clinical progression. The guidelines note that the target binding site of sotrovimab is in a region of the virus that does not overlap with the binding site location of key mutations in current variants of concern and interest. These guidelines were based upon an interim analysis of 583 patients in the COMET-ICE trial, which was stopped early in March 2020 by an independent data monitoring committee because interim results demonstrated evidence of sotrovimab's clinical efficacy. The interim study results demonstrated an 85% reduction in hospitalization for more than 24 hours or death in those receiving sotrovimab compared to placebo, the primary endpoint of the trial. These data have informed global regulatory reviews to date, including the positive scientific opinion issued by the European Medicines Agency's Committee for Human Medicinal Products under Article 5(3) of Regulation 726/2004, as well as the Emergency Use Authorization granted by the U.S. Food and Drug Administration. The companies are actively working with government agencies around the world to make sotrovimab available to patients in need of treatment. GSK and Vir plan to submit a Biologics License Application to the U.S. FDA in the second half of 2021. The EMA has started a rolling review of data on sotrovimab that will continue until enough evidence is available to support the filing of a formal marketing authorization application. The companies' strategic manufacturing network is enabling the manufacture of approximately two million doses to support emergency supply in the first year following U.S. Emergency Use Authorization, with approximately 450,000 doses on hand.
VLNCF

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07:09 EDT Valens Company completes acquisition of Green Roads for total of $40M - The Valens Company announced that it has closed its previously announced acquisition of all the issued and outstanding shares of Green Roads and its manufacturing subsidiary. The cash and share transaction consideration totaled $40M, plus up to an additional $20M in contingent consideration payable upon the purchased business achieving certain EBITDA milestones. If all the Milestones are met in 2022, the transaction represents approximately 4.5x fiscal 2022 EBITDA. Tyler Robson, Chief Executive Officer, Co-Founder and Chair of The Valens Company, said: "With the closing of this Acquisition, Valens now has a significant presence in the largest cannabinoid market in the world, representing a monumental step in our international expansion strategy and furthering our vision of becoming a global manufacturer of cannabis consumer packaged goods. We expect to realize strong synergies and to aggressively pursue various strategic opportunities that are now available to our combined business through this transaction, including expanding the distribution of our ever-growing product offerings overseas and further disrupting the North American market with innovative cannabis products. The combination of Valens and Green Roads makes for an unbeatable team, diversified distribution network, and unparalleled product development and manufacturing platform, which we expect will provide us the footprint to become one of the biggest players in the global cannabis health and wellness market. Stay tuned for updates on anticipated synergies as we move forward as a stronger, combined company."
TSHA

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07:09 EDT Taysha Gene publishes new analysis of of natural history data for TSHA-120 - Taysha Gene Therapies announced the publication of new analyses of natural history data for TSHA-120 in giant axonal neuropathy, or GAN. The data were published online and will be included in the June edition of Brain, a highly esteemed neurological science peer-reviewed journal. GAN is a progressive neurodegenerative disease that affects both the central and peripheral nervous systems. The disease is caused by loss-of-function mutations in the gene coding for gigaxonin, which results in dysregulation of intermediate filament turnover, an important structural component of the cell. Although no symptoms are present in the first few months of life, many children with GAN do show early symptoms and features before the age of five, including unsteady gait, frequent falls, and motor weakness. Symptoms worsen over time and children develop scoliosis, contractures, atrophy of the spinal cord and abnormalities of the white matter in the brain. Currently, there are no approved treatments for GAN, which results in death for patients in their late teens or early twenties.
TNXP

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07:07 EDT Tonix Pharmaceuticals announces program to develop TNX-102 SL for PASC - Tonix Pharmaceuticals announced it plans to develop TNX-102 SL as a potential treatment for Long COVID Syndrome which is now known officially as Post-Acute Sequelae of COVID-19. Tonix plans to meet with the U.S. Food and Drug Administration in the third quarter of 2021 to seek agreement on the design of a potential Phase 2 pivotal study and the overall clinical development plan to qualify TNX-102 SL as an indicated treatment for Long COVID. Although most people recover from COVID-19 within weeks of the acute illness, a substantial portion develop a chronic syndrome called Long COVID, or PASC. These individuals experience a constellation of symptoms long past the time of recovery from acute COVID-19. Most Long COVID patients who have been studied appear to have cleared the SARS-CoV-2 virus from their systems. The symptoms of Long COVID can include fatigue, sleep disorders, pain, fevers, shortness of breath, cognitive impairment described as "brain fog", gastrointestinal symptoms, anxiety, and depression. Long COVID can persist for months and can range in severity from mild to incapacitating. Several cohort studies have reported that persistence of symptoms following SARS-CoV-2 infection occurs in more than 30% of patients. While typically associated with moderate or severe COVID-19, Long COVID can occur after mild COVID-19 or even after asymptomatic SARS-CoV-2 infection.
RDHL

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07:07 EDT RedHill Biopharma announces presentation of oral opaganib phase 2 data - RedHill Biopharma announced presentation of the "positive" Phase 2 safety and efficacy data for oral opaganib in hospitalized patients with COVID-19 pneumonia at the World Microbe Forum 2021. Results and post hoc analyses of data from the 40-patient U.S. Phase 2 study were presented in a poster entitled, "Opaganib, an Oral Sphingosine Kinase-2 Inhibitor in COVID-19 Pneumonia: A Randomized, Double-blind, Placebo-controlled Phase 2A Study, in Adult Subjects Hospitalized with SARS-CoV-2 Positive Pneumonia." Patients in the study were randomized to receive either opaganib or placebo in addition to standard of care, predominantly including dexamethasone and/or remdesivir. Findings include: 50% of patients treated with opaganib reached room air by Day 14 compared to 22% in the placebo group. The benefit of reaching room air by Day 14 for patients on opaganib was maintained regardless of whether the patients were receiving dexamethasone and/or remdesivir. 86.4% of patients treated with opaganib were discharged from hospital by Day 14 compared to 55.6% of patients treated with placebo. Median time to discharge was 6 days for the opaganib group compared to 7.5 days for the placebo group. 81.8% of opaganib patients achieved a 2-point improvement in the WHO Ordinal Scale compared to 55.6% of patients in the placebo group - achieved in a median time of 6 days versus 7.5 days, respectively. No significant differences in safety-related measures between the two groups. The global 475-patient Phase 2/3 study of opaganib in severe COVID-19 has been approved in 10 countries and completed enrollment, through 57 participating sites, on June 6th. The primary endpoint of the study is the proportion of patients breathing room air without oxygen support by Day 14. Additional important outcome measures, such as time to discharge from hospital, improvement according to the World Health Organization Ordinal Scale for Clinical Improvement and incidence of intubation and mortality, will also be captured in the follow-up period of up to 6 weeks. The study received four independent DSMB recommendations to continue following unblinded safety reviews and a futility review. Additionally, an evaluation of the blinded blended intubation and mortality rates to date was encouraging as compared to reported rates of mortality from large platform studies such as RECOVERY, and other studies in similar patient populations.
ENOB

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07:05 EDT Enochian acquires exclusive license for potential coronavirus technology - Enochian BioSciences announced that the company has acquired an exclusive license for an innovative technology to potentially treat and prevent all variants of coronavirus, including the cause of COVID-19, as well as influenza. A request for a Pre-Investigator New Drug meeting for the COVID-19 treatment will be submitted to the FDA in the near term. The novel approach, developed by Dr. Serhat Gumrukcu, tricks the viruses to trigger the cells it infects to commit suicide instead of becoming a virus-making factory. The technology is delivered by a nanoparticle, allowing it to either rapidly treat an infection or to wait in ambush for a cell to become infected to prevent future infections. Because target cells of the viruses live up to 20 months in human airways, it is possible that a single inhalation could both rapidly treat and protect against infection for relatively long periods of time. The part of the virus that is tricked is similar in all variants of SARS-CoV-2 as well as other coronaviruses that cause disease in humans, including approximately 20 percent of common colds. In addition, all pandemic influenza viruses since 1918 have a similar region as that targeted by this technology.
TRCH

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07:05 EDT Torchlight Energy Resources, Metamaterial extend closing date for combination - Torchlight Energy Resources announced that Torchlight and Metamaterial have agreed to extend the outside date by which Torchlight and Metamaterial must close their business combination transaction to June 30. The extension provides time for the June 24 record date and the June 25 payment date of the special Series A Preferred Stock dividend, declared on June 14, to transpire. The payment date for the Series A Preferred Stock dividend will be June 25. The Company expects to close the arrangement no later than June 30th.
ALLO

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07:05 EDT Allogene Overland Biopharm appoints Shuyuan Yao as CEO - Allogene Overland Biopharm, a joint venture created by Overland Pharmaceuticals and Allogene Therapeutics, announced the appointment of Shuyuan Yao, Ph.D. as Chief Executive Officer. Dr. Yao brings 15 years of scientific and management experience in advanced cell and gene therapy development, manufacturing and commercialization to lead Allogene Overland in its mission to bring innovative AlloCAR therapies to patients in China and other Asian Pacific markets.
ZIM BABA

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07:05 EDT ZIM Integrated, Alibaba.com announce extension of agreement until 2023 - ZIM Integrated Shipping Services (ZIM) and Alibaba.com (BABA) announced that they will extend their cooperation agreement for two more years. The agreement which enabled Alibaba.com sellers to book and purchase sea freight on ZIM and logistic services from ZIM Logistics China, a wholly-owned subsidiary of ZIM, has now been expanded to include serving Alibaba.com buyers as well. "This collaboration helps Alibaba.com offer its customers a more affordable transit alternative relative to air freight with an easy-to-use interface available directly on the Alibaba.com platform. ZIM's extensive network of lines, particularly the recently introduced dedicated eCommerce express lines, provide Alibaba.com customers reliable, fast, high quality freight services, as well as product support and system optimization," the company said. The successful cooperation has been in place since 2020 and the significant growth of eCommerce and demand for freight capacity in the last year have led the parties to deepen their collaboration.
OYST

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07:04 EDT Oyster Point Pharma enrolls first subject in OLYMPIA Phase 2 trial - Oyster Point Pharma announced enrollment of the first subject in the OLYMPIA Phase 2 clinical trial of OC-01 nasal spray for the treatment of Stage 1 Neurotrophic Keratopathy. The OLYMPIA Phase 2 study is a multicenter, randomized, double-masked, placebo-controlled clinical trial to evaluate the safety and efficacy of OC-01 nasal spray in subjects with Mackie's Classification Stage 1 Neurotrophic Keratopathy. The study is expected to enroll approximately 100 subjects at approximately 18 U.S. sites. In this clinical trial, OC-01 nasal spray will be administered three times a day, as compared to placebo nasal spray. The pre-specified primary endpoint of the trial will be the percentage of subjects who achieve complete resolution of fluorescein corneal staining at Day 56.
IR

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07:03 EDT Ingersoll-Rand to acquire Seepex for EUR 431.5M in all-cash transaction - Ingersoll Rand has entered into an agreement to acquire positive displacement pump manufacturer, Seepex. The all-cash transaction, valued at EUR 431.5M, is expected to close during Q3 upon obtaining required regulatory approvals. Seepex is a manufacturer of progressive cavity pumps, a segment of positive displacement pumps that primarily serves water, wastewater, food and beverage, and chemical end markets. Based in Bottrop, Germany with facilities in North America and Asia Pacific, Seepex has approximately 800 employees and annual revenue of approximately EUR 160M. Upon transaction close, the Seepex business will join the Ingersoll Rand Precision and Science Technologies segment.
CDOR

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07:03 EDT Condor Hospitality Trust evaluates strategic alternatives - Condor Hospitality announced that its board of directors is evaluating strategic alternatives to enhance shareholder value. The Company has engaged the firm of Hodges Ward Elliott to market for sale the 15 hotels portfolio owned by the company. Leading the Hodges Ward Elliott team in the marketing of the outperforming high quality select service and extended stay portfolio, located mostly in very desirable secondary markets, will be Dan Peek, President of HWE's Hotel Group and Clint Hodges, Managing Director and leader of the firm's select service team. Although the Company expects significant interest in the marketing initiative, there can be no assurance that a transaction will occur at the conclusion of the process. Bill Blackham, Condor's Chief Executive Officer, said, "We believe we have a high quality and superior performing portfolio of select-service assets compared to our select service peers in the public hotel REIT space, and now is the right time to review the Company's strategic alternatives to assess how best to create value for our shareholders. During this time, the entire Condor team working closely with our hotel managers will remain highly focused on continuing to drive our hotel operating performance." The Company may engage additional brokers and financial advisors as it deems appropriate. There can be no assurances that the exploration of strategic alternatives will result in any transaction or, should the board of directors approve a transaction, no assurances of the value to the Company's shareholders thereof. Condor Hospitality does not intend to discuss or disclose developments with respect to the process unless and until otherwise determined that further disclosure is appropriate or required by regulation or law. No formalized timetable has been established for the completion of the strategic review.
AGIO

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07:03 EDT Agios Pharmaceuticals submits NDA for mitapivat for PK deficiency - Agios Pharmaceuticals announced that it has submitted a New Drug Application for mitapivat to the U.S. Food and Drug Administration for the treatment of adults with pyruvate kinase deficiency. The NDA submission is based on results from two pivotal studies, ACTIVATE and ACTIVATE-T, conducted in not regularly transfused and regularly transfused adults with PK deficiency, respectively. A full analysis of these data - including patient-reported outcomes - was recently presented at the European Hematology Association Virtual Congress. An extension study for adults with PK deficiency previously enrolled in ACTIVATE or ACTIVATE-T is ongoing and designed to evaluate the long-term safety, tolerability and efficacy of treatment with mitapivat. The company remains on track to submit a marketing authorization application in the EU in mid-2021 for mitapivat in adults with PK deficiency.
SRRA

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07:02 EDT Sierra Oncology announces completion of enrollment for MOMENTUM phase 3 trial - Sierra Oncology announced the completion of enrollment for its pivotal Phase 3 MOMENTUM clinical trial evaluating the novel JAK1, JAK2 and ACVR1 / ALK2 inhibitor momelotinib in myelofibrosis patients who are symptomatic and anemic. The study enrolled 195 patients based on a planned 180 patients across 21 countries. Topline data are anticipated in Q1 2022, and assuming positive results, the company intends to file a New Drug Application with the Food & Drug Administration in H2 2022. "This is an important milestone for Sierra on our path to becoming a commercial organization. The team has demonstrated the ability to execute a global late-stage development trial, even during a pandemic," said Stephen Dilly, MBBS, PhD, President and Chief Executive Officer at Sierra Oncology. "Furthermore, oversubscribing the trial and completing enrollment at an accelerated pace in the midst of a global crisis supports our hypothesis that physicians want new options for a significant unmet need that momelotinib may address. We look forward to topline results early next year and to continue working with the FDA and global regulatory authorities to bring this therapy to market as quickly as possible."
DAWN

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07:02 EDT Day One receives orphan designation from European Commission for DAY101 - Day One Biopharmaceuticals announced that the European Commission has granted orphan designation for the Company's lead product candidate, DAY101, for the treatment of glioma. The designation was based on a positive opinion from the European Medicines Agency Committee for Orphan Medicinal Products. DAY101 is an oral, brain-penetrant, highly-selective type II pan-RAF kinase inhibitor designed to target a key enzyme in the MAPK signaling pathway. Day One is conducting a pivotal Phase 2 clinical trial of DAY101 in pediatric, adolescent and young adult patients with recurrent or progressive low-grade glioma harboring a known BRAF alteration.
DVN

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07:00 EDT Devon Energy aims to achieve net zero GHG emissions by 2050 - Devon Energy announced it is establishing new environmental performance targets focused on reducing the carbon intensity of its operations, minimizing freshwater use, and engaging constructively with its value chain. The company's long history of using advanced technologies to improve efficiencies across the business will be key to delivering on its ambition to achieve net zero GHG emissions for Scopes 1 and 2 by 2050 In pursuit of continued transparency, Devon will refresh its Climate Change Assessment Report by year-end 2021, outlining its approach to proactively address climate-related risks and opportunities. To demonstrate Devon's progress in achieving its longer-term net zero ambition, the company is targeting reductions of its Scopes 1 and 2 GHG emissions intensity by 50% and methane emissions intensity by 65% by 2030 from a 2019 baseline. Devon's emission reduction strategy will involve a range of potential actions including expanding its leak detection and repair program; implementing advanced leak detection technologies; reducing the volume of natural gas that is flared; electrifying facilities to reduce the use of natural gas and diesel consumed onsite, including transitioning from gas-driven to air-driven pneumatic controllers; and optimizing facility design to minimize leaks and eliminate common equipment failures. A key component of Devon's broader emissions reduction strategy is to focus on reducing flared volumes to protect the environment. Devon is establishing a two-pronged approach to improve its flaring performance - targeting a flaring intensity of 0.5% of gross natural gas produced by 2025 and eliminating routine flaring, as defined by the World Bank, by 2030. The company expects to drive results by continuing to engage in pre-production planning, optimize facility design and operating conditions, assess and deploy beneficial reuse technologies, and collaborate with service providers to prevent and mitigate midstream and downstream constraints. Devon is committed to conserving and reusing water and has set a target to advance its recycled water rate and use 90% or more non-freshwater for completions activities in its most active operating areas within the Delaware Basin. To minimize freshwater use, the company employs economically and operationally feasible freshwater alternatives wherever possible and has a dozen water recycling facilities throughout the basin. Devon will continue evaluating how it can constructively engage stakeholders upstream and downstream of operations to improve ESG performance across its value chain. By 2023, Devon's contractors who perform work on Devon locations will begin undergoing annual evaluations to assess their ESG performance in key areas.
SMLP

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06:49 EDT Summit Midstream ups FY21 adjusted EBITDA view to $225M-$240M from $210M-$230M - Management now expects total indebtedness as of June 30, net of unrestricted cash on hand, to be reduced by approximately $82M, which is nearly 6% lower than the outstanding net debt balance as of December 31, 2020. Heath Deneke, president, CEO and chairman, commented, "Summit's year to date financial and operational results continue to exceed our original expectations, largely driven by the outperformance from wells turned in line year to date, accelerated customer activity, and continued gains from expense management initiatives that have been implemented across the organization. While we still expect 2021 to be a trough year for new well connect activity across our footprint, we are encouraged by the strengthening commodity price backdrop and increasing customer activity now expected during the second half of the year. As a result of year to date outperformance and accelerated well activity, we are increasing our full year 2021 adjusted EBITDA guidance to a new range of $225 million to $240 million. We are maintaining our 2021 capital expenditure guidance range of $20 million to $35 million."
TRCH

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06:43 EDT Torchlight Energy Resources jumps 39% on WSB short squeeze chatter - Shares of Torchlight Energy Resources are up another 39% in the pre-market following Friday's 16.1% rally. The stock is being touted on Reddit's WallStreetBets group as a potential short-squeeze target, with the name also a top trending ticker on StockTwits overnight. According to Ortex.com, the estimated short interest as a percentage of free float has increased to 22.3% from 15.7% over the past week - a multi-year high.
TRX

Hot Stocks

06:38 EDT Tanzanian Gold announces discovery at Buckreef Gold project - Tanzanian Gold Corporation and its joint venture partner, The State Mining Company announce that it has made a new discovery of three closely spaced parallel, gold bearing structures at the Buckreef Gold Company Limited's project, collectively now known as the Anfield Zone. Highlights: The new prospective gold mineralized zones, totaling a combined 2.9 kilometer strike length were identified through geological mapping, sampling and examination of artisanal workings. Collectively, they have been named the Anfield Zone. Grab samples of mineralized bed rock have been assayed, with highlights of: 37.52 g/t, 28.55 g/t and 14.42 g/t. Located approximately 500 meters to the east of the Buckreef Gold Main Zone. Aligns with and trends towards the Eastern Porphyry Mineral Resource. Follow-up field work and diamond drilling planned for 2021 and 2022. Stephen Mullowney, CEO commented, "As part of the new management team's continued in-depth assessment of the Buckreef Gold asset and empowerment of local management, we continue to be excited by the greenfield exploration potential of the Buckreef Gold land package. Along with the announced Buckreef West discovery, the Anfield Zone is our second new discovery in less than 2 months. Combined with the positive metallurgical results, in conjunction with the Buckreef Gold Main Zone, these discoveries provide us with continued confidence that Buckreef Gold will develop into a significant gold producing asset."
RFL

Hot Stocks

06:35 EDT Rafael Holdings announces merger with Rafael Pharmaceuticals - Rafael Holdings announced that it has entered into a merger agreement with Rafael Pharmaceuticals, a privately held, late-stage clinical oncology company focused on cancer metabolism-based therapeutics. The boards of directors of the two companies, as well as a special independent committee of the Rafael Holdings board of directors, have unanimously approved a merger agreement that provides for the combination of the two companies. Howard Jonas will serve as the chairman, Ameet Mallik will serve as the CEO and Sanjeev Luther, the president and CEO of Rafael Pharmaceuticals, will join the board of directors of the combined company. The merged company will retain the Rafael Pharmaceuticals name and Rafael Holdings' listing on the New York Stock Exchange. Rafael Holdings and its subsidiaries currently own a majority of the outstanding stock of Rafael Pharmaceuticals and a significant stake on a fully-diluted basis. Holders of Rafael Pharmaceuticals capital stock will receive shares of Rafael Holdings Class B common stock based on the formula set forth in the merger agreement amounting to approximately 48% of the currently outstanding capitalization of the company. Additional equity in the company will be issued in connection with the contemplated financing and pursuant to employment agreements. On closing, Rafael Holdings will acquire for $30M the remaining membership interest in Altira Capital & Consulting, that it does not already own. As a condition of closing, Rafael Holdings will consummate a capital raise of at least $50M less the potential proceeds from sale of certain real estate assets. The merger agreement takes into account the value of Rafael Holdings' assets including its interests in Rafael Pharmaceuticals through shares and warrants, as well as Rafael Holdings' other pharmaceutical industry holdings, financial interests and real estate assets. The merger agreement contemplates the exchange or termination of warrants and other contingent rights to acquire Rafael Pharmaceuticals capital stock with a goal of a single combined company with a simplified capital structure and no remaining minority interests in the current Rafael Pharmaceuticals. The merger is subject to customary regulatory and other conditions, including a stockholder vote at both companies by a majority of stockholders that are not affiliates of Rafael Holdings and the financing condition described above. Key stockholders of both companies have agreed to support the transaction.
MNOV

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06:33 EDT MediciNova announces publication of results from Phase 2 trial of MN-166 - MediciNova announced that results from a Phase 2 trial of MN-166 in alcohol use disorder were published in Nature's Translational Psychiatry. The clinical trial was a collaborative effort between MediciNova and Dr. Lara Ray, Professor, Department of Psychology and Department of Psychiatry and Biobehavioral Sciences, Brain Research Institute at the University of California at Los Angeles and was funded by the Center for Study of Opioid Receptors and Drugs of Abuse. This study was a randomized, double-blind, placebo-controlled Phase 2 trial to evaluate the effect of 14 days of ibudilast treatment on mood, heavy drinking, and neural reward signals in individuals with AUD. A total of 52 AUD patients were enrolled in this trial. The publication, entitled "Ibudilast, a neuroimmune modulator, reduces heavy drinking and alcohol cue-elicited neural activation: a randomized trial" was authored by Dr. Lara Ray and colleagues at UCLA. Key results reported in the publication include the following: Ibudilast did not have a significant effect on negative mood. Ibudilast, relative to placebo, reduced the odds of heavy drinking across time by 45%. Ibudilast attenuated alcohol cue-elicited activation in the ventral striatum compared to placebo. Alcohol cue-elicited activation in the VS predicted subsequent drinking in the ibudilast group, such that individuals who had attenuated ventral striatal activation and took ibudilast had the fewest number of drinks per drinking day in the week following the scan. Ibudilast reduced alcohol craving compared to placebo on non-drinking days. These findings extend preclinical and human laboratory studies of the utility of ibudilast to treat AUD and suggest a biobehavioral mechanism through which ibudilast acts, namely, by reducing the rewarding response to alcohol cues in the brain leading to a reduction in heavy drinking.
INGN

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06:16 EDT Inogen appoints Jason Somer as EVP, general counsel - Inogen announced that its Board of Directors has appointed Jason Somer as Inogen's EVP and General Counsel and Secretary, effective July 12, 2021. Somer currently serves as head Legal Counsel at Invoca, a SaaS analytics company.
RIOT...

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06:15 EDT Crypto names fall as bitcoin slips below $33,000 - In early pre-market trading, shares of Riot Blockchain (RIOT) are down 7.2% at $29.87 and Marathon Digital (MARA) are down 7.3% at $26.81 as the price of bitcoin fell over 7% to a two-week low below $32,200. Shares of Coinbase (COIN) are also down 2.8% at $222.88.
KW

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06:14 EDT Kennedy Wilson acquires three apartment communities, development site - Kennedy Wilson has acquired, in separate transactions, three existing apartment communities totaling 640 units for $143M and an Opportunity Zone development site that is fully entitled for 240 units in the Boise, Idaho region. The three existing apartment communities include one wholly owned asset, The Lofts at Ten Mile, as well two communities, Jasper and Towne Square, that were acquired with the Boise-based real estate investment company Roundhouse. Kennedy Wilson and Roundhouse also acquired the Dovetail development site, which is expected to complete in 2023. Kennedy Wilson has an average ownership of 95% in these four investments and invested $68M of equity into the properties, utilizing either fixed-rate financing or floating-rate financing hedged against long term increases in interest rates. Kennedy Wilson's asset management plans include adding and enhancing amenities and updating unit interiors across the existing communities. Additionally, Kennedy Wilson and its partner will develop a new 240-unit multifamily community on an Opportunity Zone site in Meridian, Idaho that will cater to residents seeking a suburban, outdoor-oriented lifestyle with an emphasis on sustainability. The development will total $60M in estimated construction costs, including an estimated $19M equity commitment by Kennedy Wilson over the life of the development. The four properties will contribute 880 units to Kennedy Wilson's growing multifamily presence in the Mountain States and are expected to add $9.4M of net operating income, including $3M of net operating income from the Opportunity Zone development once it is complete. All properties were either developed via a build-to-hold business plan or secured through off-market transactions, acquired directly from private sellers.
TBPH

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06:12 EDT Theravance Biopharma announces nezulcitinib trial did not meet primary endpoint - Theravance Biopharma announced top-line results from its Phase 2 study of 3 mg once-daily nezulcitinib compared to placebo, each in combination with standard of care. Nezulcitinib is an investigational, inhaled, lung-selective, pan-Janus kinase, or JAK, inhibitor in development for hospitalized patients with confirmed COVID-19 associated acute lung injury and impaired oxygenation. The study was a 1:1 randomized, double-blind, placebo-controlled, multi-center Phase 2 trial for the treatment of hospitalized COVID-19 patients with impaired oxygenation. Key endpoints were measured through Day 28. Standard of care in the study included approximately 99% receiving steroids. There was no statistically significant difference in RFDs from randomization through Day 28 between nezulcitinib and placebo in ITT. Also, there was no difference in change from baseline at Day 7 in SaO2/FiO2 ratio, proportion of patients in each category of the 8-point Clinical Status scale, and proportion of patients alive and respiratory failure-free at Day 28. Nezulcitinib demonstrated a favorable trend in improvement when compared to placebo for 28-day all-cause mortality and time to recovery. In patients with CRP less than150 mg/L, there was an improvement in those treated with nezulcitinib when compared to placebo in: 28-day all-cause mortality and time to recovery. In patients with CRP greater than 150 mg/L, there was no difference in time to recovery or 28-day all-cause mortality between those treated with nezulcitinib or placebo. Nezulcitinib was well-tolerated; adverse events and serious adverse events occurred in 34.0% and 9.7% of patients treated with nezulcitinib, and 41.2% and 15.7% of patients treated with placebo, respectively. Adverse events of liver abnormalities or disease occurred in 9.7% and 7.8% of patients treated with nezulcitinib and placebo, respectively. Serious infections and venous thromboembolism occurred in 1% and none of the patients treated with nezulcitinib, and 2% and 4.9% in patients treated with placebo, respectively. Plasma exposure of nezulcitinib was low and consistent with expectations for a lung-selective medicine. The company will share these results with FDA and other regulatory agencies to seek input on protocols to further study nezulcitinib in acute hyperinflammation in the lung.
CHOOF

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06:12 EDT Choom Holdings 'applauds' B.C. regulatory change on cannabis delivery - Choom Holdings seeks to capitalize on regulatory changes announced this week by the B.C. government with its decision to greenlight Cannabis home delivery next month. "We're excited with this most recent announcement as it only further supports Choom's strategic decision to bet big on digital," Corey Gillon, CEO states "Over the last year, we have invested heavily in being at the forefront of digital innovation within the cannabis space with the acquisition of the Platform WD Agency and subsequent build out of our own propriety, e-commerce platform. Choom is ready and enabled to expand our service model to meet the needs of our Vancouver customers allowing them to order cannabis when, where, and how they want. We applaud the decision by the BC government, and we remain optimistic other provinces will follow suit." Launching in March 2021, Choom spent the subsequent 8 months developing its own proprietary ecommerce platform. Choom's digital investment has accelerated the brand's future strategy for cannabis retail and ecommerce, now further realizing its aspirations of a full omni-channel experience for its customers.
TARS

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06:09 EDT Tarsus Pharmaceuticals says Saturn-1 trial met all primary, secondary endpoints - Tarsus Pharmaceuticals announced that all pre-specified primary and secondary endpoints were met for its pivotal Phase 2b/3 Saturn-1 trial evaluating the company's novel investigational therapeutic, TP-03, in patients with Demodex blepharitis. Results demonstrated a statistically significant complete collarette cure at day 43 in patients with Demodex blepharitis treated with TP-03 compared to vehicle. The Saturn-1 trial also met the secondary endpoints of mite eradication at day 43 and composite cure based on complete collarette and erythema cures at day 43. In addition, significant, clinically meaningful improvements were observed within two weeks across multiple endpoints. TP-03 was well tolerated with a safety profile similar to vehicle, and there were no treatment-related discontinuations. Results demonstrated 81% of patients achieved a significant, clinically meaningful collarette cure defined by a collarette grade of zero or one at day 43 compared to 23% of those on vehicle. Additionally, a significant, clinically meaningful collarette cure was seen in 23% of patients on TP-03 compared to 11% on vehicle as early as day 8. Saturn-1 data also showed that 43% of patients on TP-03 achieved the primary endpoint of complete collarette cure at day 43, defined as zero to two collarettes per lid compared to 7% on vehicle. Collarettes, a pathognomonic sign of Demodex infestation, are composed of partially digested epithelial cells, mite waste products and eggs and are most easily observed at the base of the upper eyelashes when the patient looks down during a standard eye examination. The secondary endpoint of complete mite eradication achieved statistically significant results by day 15, and 68% of patients on TP-03 achieved mite eradication compared to 18% on vehicle at day 43. Mite eradication is defined as a mite density of zero mites per lash. For composite cure, 68% of patients experienced a significant, clinically meaningful cure of both a grade zero or one collarette and erythema score at day 43 compared to 20% on vehicle, with significant improvements seen as early as day 8. Additionally, 13.4% of patients on TP-03 achieved a complete composite cure, which was another secondary endpoint, based on a composite of collarette cure and erythema cure compared to 1.0% on vehicle at day 43. Composite cure is defined as the presence of zero to two collarettes on the upper eyelid and the absence of erythema. Results for complete erythema cure and one grade or more erythema improvement were also statistically significant. TP-03 is a well-characterized anti-parasitic agent that paralyzes and eradicates Demodex mites by selectively inhibiting parasite-specific GABA-Cl channels. Saturn-1 trial results demonstrated that TP-03 was well tolerated with a safety profile similar to the vehicle group. Additionally, most TP-03 patients reported that the drop comfort was neutral to very comfortable. There were no serious treatment-related adverse events nor any treatment-related adverse events leading to treatment discontinuation. All treatment-related ocular adverse events in the TP-03 group were mild with the most common being instillation site pain/burning/stinging. Other adverse events occurring at a rate of greater than or equal to1% in the TP-03 group included instillation site pruritis, reduced visual acuity, eye pain and eye discharge, each representing 1.4% of patients. Tarsus is also evaluating TP-03 in its pivotal Saturn-2 trial, which has the same endpoints as Saturn-1, and commenced patient enrollment in May of 2021. Tarsus expects topline results for the Saturn-2 trial in Q1 2022, and, if the results are similarly positive, Tarsus expects data from both the Saturn-1 and Saturn-2 trials to support submission of a New Drug Application to the FDA for TP-03 for the treatment of Demodex blepharitis.
ALBO

Hot Stocks

06:05 EDT Albireo Pharma announces data from preclinical studies of A3907 - Company to present an oral and poster presentation on data from our preclinical studies of A3907 in adult liver disease, which is currently in an ongoing Phase 1 study. A3907, the first oral systemic apical sodium-dependent bile acid transporter inhibitor in clinical studies, being developed for adult cholestatic liver diseases such as primary sclerosing cholangitis and primary biliary cholangitis. A3907 has the potential to significantly change the bile acid transporter approach in adult liver diseases by diverting bile acids from the liver through fecal and urinary excretion. Following successful preclinical studies demonstrating the unique mechanism of action, data to be presented is from two models that show the impact of A3907 in models of cholestasis and NASH. The first study was aimed to investigate the effect of A3907 in the Mdr2 knockout mouse model of cholestatic liver injury and sclerosing cholangitis. The objective of the second study was to investigate the effects of A3907 in obese diet-induced mouse models of NASH. Key findings from the studies include: Improves Liver Injury in a Mouse Model of Cholestatic Liver Disease: A3907 improves liver injury and inflammation and decreases biliary hyperplasia and the characteristic sclerosing cholangitis of Mdr2-/- mice and is a promising new therapeutic tool for cholestatic liver diseases. Improves Key Clinical Markers of NASH in Obese Diet-Induced and Biopsy-Confirmed Mouse Models: In obese/obese-NASH and DIO-NASH mice, A3907 treatment improved key plasma and liver histological markers of NASH. Importantly, A3907 improved NALFD Activity Score and demonstrated no worsening in fibrosis stage. These findings introduce A3907 as a novel intervention for treatment of NASH and fibrotic progression. Data in both studies suggest that A3907 can be effective in cholestatic disease in addition to NASH.
GRUB

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06:04 EDT GrubHub enters partnership with Resorts World Las Vegas - Resorts World Las Vegas announced a partnership with Grubhub to become the first resort to offer Grubhub's ordering technology. Through On The Fly at Resorts World powered by Grubhub, guests can order and charge the cost to their room or credit card via the Grubhub app from the resort's 40 food and beverage concepts and select retail shops for pickup or delivery to guest rooms as well as the resort's 5.5-acre pool complex.
ALBO

Hot Stocks

06:04 EDT Albireo Pharma announces expanded Phase 3 data on Bylvay - Albireo Pharma announced new data in nine accepted abstracts to be presented at EASL International Liver Congress 2021 on June 23 - 26. The company said, "Data being presented demonstrate Albireo's leading position in the science of bile acid modulation with further evidence of efficacy and tolerability of Bylvay, as well as advancement in the characterization of A3907 in adult liver disease. Highlights from the Phase 3 PEDFIC studies show further evidence of a sustained and durable effect with Bylvay, while also showing improvements in sleep, growth and hepatic parameters in patients with progressive familial intrahepatic cholestasis. The Company will also have a presentation and poster on Phase 1 candidate, A3907, with pre-clinical data showing efficacy on markers of cholestatic disease." Bylvay is a potent, once-daily, non-systemic ileal bile acid transport inhibitor currently being developed for the treatment of PFIC, biliary atresia, and Alagille syndrome. PEDFIC 1 was the first and largest, global, pivotal Phase 3 study conducted in PFIC, which evaluated the efficacy and tolerability of Bylvay in reducing pruritus and serum bile acids in a randomized, double-blind, placebo-controlled trial, and PEDFIC 2 is a long-term, open-label Phase 3 extension study. Data being presented includes a pooled analysis of 77 patients treated with Bylvay. Key findings include: Affirms Improvement in Clinically Meaningful Endpoints: Patients with PFIC treated with Bylvay for up to 48 weeks experienced clinically meaningful effects on serum bile acids, pruritus, growth and sleep parameters. At baseline, sBAs score was 250 mumol/L and pruritus score was 2.9. Four weeks after starting Bylvay, sBAs had decreased by 88 mumol/L and pruritus score decreased by 0.7. At the end of the analysis period, sBAs had decreased from baseline by 213 mumol/L in patients with available data and pruritus score dropped by 1.4. Height Z scores increased from -1.9 at baseline to -0.8 at week48 and similar improvements were observed for weight Z scores. Bylvay-treated patients had changes from baseline to weeks 37-48 in observer-reported percentage of days seeing blood due to reductions in scratching, needing help falling asleep, needing soothing and sleeping with caregiver. The observed safety and tolerability profile of Bylvay was consistent across studies, treatment groups and doses. No drug-related serious adverse events were reported in either PEDFIC 1 or PEDFIC 2. One patient in PEDFIC 1 and 3 patients in PEDFIC 2 treated with Bylvay withdrew due to an adverse event. There were low numbers of gastrointestinal adverse events; treatment-related diarrhea/frequent bowel movements was reported in 10% of Bylvay treated patients in PEDFIC 1 and 5% of placebo-treated patients. Rapid and Durable Effect: Results of this pooled analysis in children with PFIC from two Phase 3 studies show that Bylvay was associated with rapid reductions in serum bile acid levels and improvements in pruritus severity, with durable clinical benefits sustained through 48 weeks of treatment. By week 4, 31% of patients treated with Bylvay were serum bile acid responders. At weeks 46-48, 67% of patients were serum bile acid responders. From baseline to week 4 and baseline to week 48, the proportion of positive pruritus assessments at the patient level with Bylvay treatment was 54% and 66%, respectively. A rapid reduction in autotaxin levels was observed by week 4, with a mean change from baseline in autotaxin with Bylvay treatment of -712 ng/mL. Continued reduction in autotaxin was observed at 48 weeks, with a mean change from baseline of -2,298 ng/mL. Mean change from baseline in plasma C4 with Bylvay treatment was 10 ng/mL at week 4 and 31 ng/mL at 48 weeks. Responders Showed Effects on Cholestasis-Related Parameters: Patients with PFIC who responded to Bylvay treatment had sustained improvements in cholestasis-related parameters over 48 weeks that were not observed to the same extent in treatment non-responders. Rates of sBA responders and sBA or pruritus responders were 31% and 57%, respectively, at weeks 0-24, 48% and 60% at weeks 25-36, and 59% and 65% at weeks 37-48. Among all Bylvay-treated patients, mean change from baseline to week 48 in alanine aminotransferase was -82 U/L and total bilirubin -18 mumol/L. Improvement in Multiple Sleep Parameters: Patients with PFIC and Bylvay treatment response had substantial improvements in caregiver- and clinician-reported sleep parameters; these effects occurred rapidly and continued over time. Mean decreases in caregiver-reported percentage of days with scratching associated with bleeding, needing help falling asleep, and needing soothing were greater among responders vs. non-responders. At 48 weeks, clinicians and caregivers reported that greater than or equal to88% of responders had moderately or very much better sleep since starting Bylvay. Pretreatment Serum Bile Acid Parameters and Predictability of Response: Response to Bylvay treatment in patients in PEDFIC 1 was not associated with pretreatment serum concentrations of total, primary or secondary bile acids, or with C4 levels. Among the 42 patients treated with Bylvay in PEDFIC 1, 32 used concomitant UDCA, while 10 did not. Overall, 40 patients had available UDCA concentration data. In patients who used UDCA, the median baseline UDCA concentration was 55.6 mumol/L. In those who did not use UDCA, the median baseline UDCA concentration was 0.2 mumol/L
KBR

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06:02 EDT KBR awarded NSPA contract for PATRIOT missile system services - KBR was awarded a contract from the NATO Support and Procurement Agency, or NSPA, to provide analytical, engineering, technical, programmatic and logistics services for the PATRIOT missile system. The PATRIOT is an surface-to-air guided air and missile defense system used by several NATO countries around the globe. Under the contract, KBR's work will include systems engineering; program management; modeling and simulation; product assurance; configuration management; production, quality, logistics and deployment; hardware and software integration; field surveillance and test and evaluation. KBR will also conduct studies, engineering evaluations and investigations as requested by NSPA. KBR will primarily carry out its duties at company facilities in Huntsville, Alabama as well as at U.S. government deployment locations worldwide. This contract has a three-year base period and two option years.
HBM

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05:27 EDT Hudbay Minerals reports fatal mine incident in Manitoba - Hudbay Minerals announced that a fatality occurred at its Lalor mine, located in Snow Lake, Manitoba. The incident occurred during underground mining operations on the evening of June 19, when a worker employed by a service provider was fatally injured from a fall while working at height. No other personnel were injured and the scene has been secured. All underground mining operations at the Lalor mine have been suspended while an investigation is completed.
CNHI RAVN

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05:25 EDT CNH Industrial to acquire Raven for $58.00 per share - CNH Industrial (CNHI) announced that it has entered into an agreement to acquire 100% of the capital stock of Raven (RAVN) for $58.00 per share, representing a 33.6% premium to the Raven Industries four-week volume-weighted average stock price, and $2.1B enterprise value. The transaction will be funded with available cash on hand of CNH Industrial. Closing is expected to occur in Q4, subject to the satisfaction of customary closing conditions, including approval of Raven shareholders and receipt of regulatory approvals. The acquisition builds upon a partnership between the two companies. Headquartered in Sioux Falls, South Dakota, Raven Industries is organized into three business divisions: Applied Technology, Engineered Films and Aerostar with consolidated net sales of $ 348.4M for the twelve months ended January 31. The transaction is expected to generate approximately $400M of run-rate revenue synergies by calendar year 2025, resulting in $150M of incremental EBITDA from synergies. CNH Industrial plans to undertake a strategic review of each business. CNH Industrial does not expect the proposed acquisition will have any impact on its guidance for 2021. The acquisition is expected to be funded with group consolidated cash not affecting third party debt of industrial activities2 Cash consideration for the transaction is not included in the free cash flow definition, and consequently it will not affect its free cash flow guidance for FY21.
KKR

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05:21 EDT KKR invests $625M for controlling stake in Vini Cosmetics - KKR and Vini Cosmetics announced the signing of a definitive agreement pursuant to which the company's founder group will sell a majority stake in the company to KKR for approximately $625M. The co-founders will continue to hold a significant stake in Vini and collaborate with KKR in the next phase of the company's growth. In addition, existing investor WestBridge Capital will acquire a further stake from the founder group to increase its shareholding in Vini. Founded in 2010, Vini manufactures, markets and distributes its branded deodorants, cosmetics and toiletries through its brand FOGG and other widely recognized brands, such as OSSUM, GlamUp, and several others. Vini has built one of India's largest personal care products distribution networks with approximately 700,000 points of sale and 3,000 dealers, supported by a sales force of 1,200 people. Vini's products are also sold internationally through a network of general trade and modern trade channels covering 50 countries, with presence in South Asia and the Middle East. Upon completion of the transaction, the co-founders and WestBridge Capital will continue to hold a significant position in Vini. Darshan Patel will continue as the chairman of Vini's Board and Dipam Patel will be appointed as vice chairman of the Board. KKR is making its investment from its Asian Fund IV. The transaction is expected to close in July, subject to customary closing conditions.
EGY

Hot Stocks

05:17 EDT Vaalco Energy appoints Ronald Bain as CFO - Vaalco Energy announced that its board of directors has named Ronald Bain as CFO effective immediately. Bain has over 25 years of oil industry experience in a variety of financial roles and has significant capital markets experience. Bain will be based in the company's recently established London business development office, but he will split his time between London and Houston. Bain is a chartered accountant who was previously CFO at Eland Oil & Gas where he served on that board and a variety of related company Boards until the company was acquired by Seplat Petroleum Development in December 2019.
NTRS

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05:12 EDT Northern Trust selected to provide asset servicing solutions to Fundsmith SICAV - Northern Trust announced it has been appointed to provide fund accounting, transfer agency and global custody services to Fundsmith's Luxembourg-domiciled umbrella, Fundsmith SICAV. Headquartered in London, United Kingdom, or UK, with offices in Mauritius and Connecticut, Fundsmith has more than approximately $45B of assets under management on behalf of global institutions and investors. Fundsmith SICAV was launched in 2011 to enable investors to access the Fundsmith Equity Fund strategy through a Luxembourg-based SICAV fund.
DB FISV

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05:08 EDT Deutsche Bank, Fiserv enter payment acceptance joint venture in Germany - Deutsche Bank (DB) together with Fiserv (FISV) announced a joint venture to create a provider of payment acceptance and banking solutions. The joint venture will serve small and medium-sized enterprises, or SMEs, in the German market and will be based in Frankfurt am Main, pending regulatory approval. This Deutsche Bank and Fiserv joint venture will help SME clients adapt to the changing post-Covid marketplace by equipping them to sell their products and services across a full range of digital and in-person channels using modern payment acceptance solutions, including Clover point-of-sale platform from Fiserv. The companies plan to bring multiple payment solutions together and deliver a combination unique to the market. The joint venture expects to serve several thousand clients from the start. Deutsche Bank, together with their Postbank and Fyrst brands, said it has around 800,000 SMEs who will benefit from the new solutions going forward. The joint venture will also offer services to non-Deutsche Bank-clients and is expected to employ a low triple-digit workforce.
IMBI

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05:04 EDT iMedia Brands secures exclusivity agreements with IWCA, FanJams Trading - iMedia Brands announced it has secured five-year exclusivity agreements with two of ShopHQ's largest vendors, Invicta Watch, or IWCA, and FamJams Trading. In June, the company entered into a confidential vendor exclusivity agreement with IWCA, one of the company's ten largest vendors, pursuant to which IWCA granted the company the exclusive right to market, promote and sell watches and watch accessories using the Invicta, Technomarine, S.Coifman and Glycine brand names and any substantially similar or directly competitive goods or services through the company's live or taped direct response video retail programming in North and South America during the five-year exclusivity period. The company also entered into a confidential vendor exclusivity agreement with Famjams, one of the company's ten largest vendors, pursuant to which Famjams granted the company the exclusive right to market, promote and sell products using the Medic Therapeutics and Safety Vital brand names and any substantially similar or directly competitive goods or services through the company's television networks, website, mobile and social applications, and brick & mortar retail in North and South America, Europe and Asia during the five-year exclusivity period.