Stockwinners Market Radar for July 13, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

AMZN

Hot Stocks

20:38 EDT Amazon.com launches Kindle Vella - Amazon announced the launch of Kindle Vella, a new mobile-first, interactive reading experience for serialized stories. Available in the U.S. via the Kindle iOS app and on Amazon.com, Kindle Vella stories are published one short episode at a time, each ranging from 600 to 5,000 words-and the first three episodes of every story are free. Subsequent episodes can be unlocked using Tokens, which are available for purchase in bundles in the Kindle iOS app or on Amazon.com. Thousands of stories containing tens of thousands of episodes are available today, with new episodes being published regularly. "We designed Kindle Vella as a mobile-first experience because we know readers are becoming more and more interested in stories that can be read quickly on their phones. At the same time, readers want the connection that you get from reading a story or author for a long period of time," said David Naggar, vice president of Books and Kindle Content.
ITCB

Hot Stocks

20:28 EDT Itau Corpbanca shareholders approve capital increase of CLP830B - Itau Corpbanca announced that the Extraordinary Shareholders' Meeting held on this date agreed to approve the CLP830B capital increase proposed by the board of directors, with the aim of supporting the bank's future growth and digital transformation. With this capital increase, the bank will obtain new funding to support its growth and digital transformation, at the same time that it will achieve capital ratios in line with main peers in the local industry, including the effect on capital ratios due to the increase in share ownership of Itau Corpbanca Colombia. This acquisition is in accordance with the provisions set forth in the Transaction Agreement, entered into on January 29, 2014, and is subject to regulatory approvals in Chile, Brazil and Colombia. "We took an important step in the evolution of the bank, we had strong support from our shareholders, and this reinforces that we are on the right path," said Gabriel Moura, Itau Corpbanca's CEO.
O

Hot Stocks

20:00 EDT Realty Income declares 613th consecutive common stock monthly dividend - Realty Income Corporation announced that its Board of Directors has declared the 613th consecutive common stock monthly dividend. The dividend amount of 23.55cc per share, representing an annualized amount of $2.826 per share, is payable on August 13, 2021 to shareholders of record as of August 2, 2021. The ex-dividend date for August's dividend is July 30, 2021.
OXBR

Hot Stocks

18:37 EDT Custodian Ventures reports 9.9% stake in Oxbridge Re Holdings - Custodian Ventures filed a Schedule 13D announcing its acquisition of approximately 9.9% of the ordinary shares outstanding of Oxbridge Re Holdings Limited. David E. Lazar, Chief Executive Officer of Custodian Ventures, issued the following statement: "We have made a significant investment in Oxbridge Re because we believe the Company presents shareholders an exciting opportunity for meaningful value creation. I look forward to continuing to constructively engage with management and the Board of Directors to actively explore potential strategic options to maximize value for all Oxbridge Re shareholders."
MDGL

Hot Stocks

17:51 EDT Madrigal Pharma doses first patient in study of MAESTRO-NAFLD-1 - Madrigal Pharmaceuticals announced its first patient dosed in a planned 52-week open label active treatment extension study of MAESTRO-NAFLD-1, named MAESTRO-NAFLD-1-Open Label Extension, or OLE. MAESTRO-NAFLD-1 is an ongoing 52-week ~1200 patient Phase 3 non-invasive, multi-center, double-blind, randomized, placebo-controlled study of resmetirom in patients with non-alcoholic fatty liver disease, or NAFLD, presumed NASH. The study is due to complete later this year with measures of safety and efficacy including reduction in imaging and biomarker measures of NASH, as well as the lowering of LDL-cholesterol and other atherogenic lipids. MAESTRO-NAFLD-OLE allows patients who complete MAESTRO-NAFLD-1 to consent to 52 weeks of active treatment with resmetirom, making this treatment available to patients who were assigned to placebo in the main study and allowing patients who were on resmetirom to continue treatment with the drug.
KNL MLHR

Hot Stocks

17:48 EDT Knoll and Herman Miller shareholders approve pending acquisition - Herman Miller (MLHR) and Knoll (KNL) announced that, at their respective special meetings held today, Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller. Upon completion of the transaction, Knoll shareholders will receive $11.00 in cash and 0.32 shares of Herman Miller common stock for each share of Knoll common stock they own. Subject to the satisfaction or permitted waiver of all remaining closing conditions, the transaction is currently expected to close on Monday, July 19.
CMI

Hot Stocks

17:44 EDT Cummins increases quarterly dividend 7% - The board of Cummins approved an increase in the company's quarterly cash dividend on common stock of 7% to $1.45 per share from $1.35 per share. The dividend is payable on September 2 to shareholders of record on August 20.
FB

Hot Stocks

17:38 EDT Facebook debuts Security Checkup to keep Instagram accounts safe - On Tuesday, Facebook said in a blog posting that it was launching a "Security Checkup a new feature, a new feature to help people keep their Instagram accounts secure. Security Checkup will guide people, whose accounts may have been hacked, through the steps needed to secure them. This includes checking login activity, reviewing profile information, confirming the accounts that share login information and updating account recovery contact information such as phone number or email." Reference Link
SMTS

Hot Stocks

17:32 EDT Sierra Metals provides update on strategic review process - The company stated, "The Board and Management of Sierra Metals continues its evaluation of strategic alternatives and expects to provide an update, at the latest, as part of its scheduled Q2 Consolidated Financial Results call on August 10, 2021. The Board and Management remain engaged and focused on maximizing value for Sierra Metals' shareholders and evaluating options before the company with a view to considering the interests of all stakeholders in Sierra Metals."
GVA

Hot Stocks

17:31 EDT Granite awarded $18M road reconstruction project in Salt Lake City - Granite was awarded the $18M contract for the 300 West Reconstruction project by Salt Lake City in Utah. The contract award is anticipated to be included in Granite's second quarter committed and awarded projects. Construction is underway and expected to be completed in the fall of 2022.
GM

Hot Stocks

17:24 EDT GM says certain SUVs to lose wireless phone charger due to chip shortage - General Motors said on its GM Authority blog earlier: "Certain full-size GM SUVs will no longer come equipped with Wireless Phone Charging. The deletion of the feature is the result of the ongoing global microchip shortage. Affected models include certain 2021 Chevy Tahoe, 2021 Chevy Suburban, and 2021 GMC Yukon / Yukon XL full-size GM SUVs produced on or after July 12th, 2021. Affected models will be tagged with RPO code 00C, indicating that they are not equipped with the Wireless Phone Charging feature, and will also include a $75 MSRP credit. The change in availability for the Wireless Phone Charger feature is expected to remain in place for the remainder of the 2021 model year for each of the affected full-size GM SUVs. The microchip shortage has impacted the entirety of the automotive industry, reducing production numbers and vehicle availability around the world. Back in May, one estimate placed impacted GM production figures at a loss of 278,000 units." Reference Link
GOOG GOOGL

Hot Stocks

17:16 EDT French regulator fines Google 500M euros for using protected content - In a decision issued Tuesday, the Autorite fines Google up to 500M euros for having disregarded several injunctions issued in the context of its interim measures' decision of April 2020, decision 20-MC-01 April 9 2020 regarding requests for interim measures presented by Syndicat des editeurs de la presse magazine, Alliance de la presse d'information generale e.a. and Agence France-Presse . The Autorite also orders Google to present a remuneration offer for the current use of their protected content to press publishers and agencies that have referred the case to the Autorite and to provide them with the necessary information for evaluating such offer, under periodic penalty payment of up to 900,000 euros per day of delay, if Google has not done so within two months. Reference Link
SVM

Hot Stocks

17:08 EDT Silvercorp Metals reports Q1 silver production of 1.5M ounces - Silvercorp Metals reports production and sales figures for the first quarter of FY22 ended June 30. The Company expects to release its Q1 Fiscal 2022 unaudited financial results on Thursday, August 5, 2021 after market close. In Q1 the Company produced approximately 1.5M ounces of silver, 1,000 ounces of gold, 15.9M pounds of lead, and 7.2M pounds of zinc, and sold approximately 1.6M ounces of silver, 1,000 ounces of gold, 16.8M pounds of lead, and 7.3M pounds of zinc, representing decreases of 12%, 9%, and 20%, respectively, in silver, gold and lead sold, and an increase of 4% in zinc sold over the first quarter of FY21. The production decline in the current quarter resulted mainly from the Company's mining contracts renewal negotiations at the Ying Mining District.
FB

Hot Stocks

17:04 EDT Facebook debuts 'group experts,' to enable knowledgeable participants - Maria Smith, VP of Communities, Facebook App, said in-part, earlier, in a company blog posting: "Today, we're announcing new ways to connect with and spotlight subject matter experts in Facebook Groups. There are more than 70 million admins and moderators running active Facebook groups around the world. Many of these groups are home to subject matter experts who love to share their knowledge, from fitness trainers to highly skilled crafters. Now, it's easier than ever to help experts stand out in groups and offer ways for them to engage with their communities.We've launched a new way for admins to recognize knowledgeable members in their group by designating them as group experts. Admins now have the ability to select specific members in their communities who stand out, empowering them to play a more meaningful role. After accepting this role, group experts will receive a badge next to their names in the group, making it easier for group members to spot informative posts and comments from designated experts. Now available to select groups across desktop and mobile, admins can collaborate with group experts to host Q&As, share perspectives on a topic and respond to questions." Reference Link
EDUC

Hot Stocks

17:01 EDT Educational Development Corp. promotes COO Craig White to CEO - Educational Development Corporation announced that Randall White is transitioning from his role as president and CEO to active executive chairman. Craig White, COO, has been promoted to CEO and president of the company. All changes became effective on July 13. Craig White has also been appointed and unanimously approved to the company's board.
REE VCVC

Hot Stocks

16:38 EDT REE Automotive, EAVX enter collaboration to develop commercial EV work trucks - REE Automotive (REE), which is in the process of closing its merger with 10X Capital Venture Acquisition (VCVC), announced a strategic collaboration with EAVX, a wholly owned business unit of JB Poindexter & Co, or JBPCO. The JB Poindexter business enterprise includes commercial work truck bodies and accessory industry. REE and EAVX will collaborate to develop commercial EV work trucks for existing and new customers that will integrate the REEcorners and JBPCO commercial vehicle body solutions. REE and EAVX will also collaborate to grow their joint customer base and bring EVs to North America markets.
MMAT

Hot Stocks

16:38 EDT Meta Materials holder Graves sells 300K shares of company stock - Meta Materials holder Michael Graves disclosed in a regulatory filing that he had sold 300,000 shares of company stock at $5.08 per share on July 9 for a total transaction value of $1,524,900.
IGT

Hot Stocks

16:33 EDT International Game expands sports betting footprint to Washington - International Game announced that the company is expanding its U.S. sports betting footprint to Washington to power sports betting at Snoqualmie Casino in Snoqualmie. As part of this agreement, IGT will deliver its PlaySports solution, including its trading advisory services, for retail and on-premise mobile sports betting.
CPLG

Hot Stocks

16:32 EDT CorePoint Lodging provides business update - CorePoint Lodging provided a business update. The company reported 66% occupancy in June compared to 62% in April and May. June comparable ADR was $100 compared to $93 in May and $86 in April. June comparable RevPAR was $66 compared to $58 in May and $53 in April. The company said, "The Company continued to execute on its non-core disposition strategy with 25 non-core hotels sold in the second quarter, for a combined gross sales price of approximately $143 million during the quarter, resulting in 175 hotels owned as of June 30, 2021. An additional 36 hotels are under contract for sale to qualified buyers and are expected to generate approximately $220 million of gross proceeds. The Company utilized proceeds from the dispositions to repay $125 million in CMBS debt during the quarter, resulting in $564 million of CMBS debt outstanding as of June 30, 2021, and paid down $5 million on its revolving credit facility for a balance outstanding of $75 million as of June 30, 2021."
SD

Hot Stocks

16:31 EDT SandRidge Energy CEO Carl Giesler resigns, Grayson Pranin to succeed - SandRidge Energy announced that Carl Giesler, Jr. has resigned as CEO, President and a member of the Board of Directors for the company in order to pursue another career opportunity. Giesler's resignation will be effective July 16, and is not the result of any disagreement with the company or any matter relating to the company's operations, policies or practices. The Board has appointed Grayson Pranin, the company's current Senior Vice President and COO, to serve as President, CEO and COO. For the past 10 years, Pranin has served in various engineering, operational and leadership roles at the company. Further, Pranin's appointment represents a continuation of the Board and the company's focus on maximizing cash flow. Pranin held a significant role in right sizing the company's cost structure and operations during his tenure.
CPLG

Hot Stocks

16:28 EDT CorePoint Lodging to explore strategic alternatives - CorePoint Lodging announced that its board of directors, working together with financial and legal advisors, has decided to explore strategic alternatives in an effort to maximize stockholder value. The board of directors intends to consider a full range of available strategic alternatives, including a potential sale of the company or other transactions. There is no set timetable for the board to review alternatives, and there can be no assurance that the exploration of strategic alternatives will result in any transaction or other action.
VCTR

Hot Stocks

16:25 EDT Victory Capital reports total AUM $161.9B on June 30 - The company also reported that it generated positive net long-term flows during the second-quarter period.
SRAC

Hot Stocks

16:22 EDT SEC announces charges against Stable Road Acquisition related to Momentus deal - The Securities and Exchange Commission announced charges against special purpose acquisition corporation Stable Road Acquisition Company, its sponsor SRC-NI, its CEO Brian Kabot, the SPAC's proposed merger target Momentus Inc., and Momentus's founder and former CEO Mikhail Kokorich for misleading claims about Momentus's technology and about national security risks associated with Kokorich. The SEC's litigation is proceeding against Kokorich, against whom the SEC filed a complaint in the U.S. District Court for the District of Columbia. All other parties are settling with the SEC, with terms including total penalties of more than $8M, tailored investor protection undertakings, and the SPAC sponsor's forfeiture of founder's shares it stands to receive if the merger, currently scheduled for August 2021, is approved. According to the SEC's settled order, Kokorich and Momentus, an early-stage space transportation company, repeatedly told investors that it had "successfully tested" its propulsion technology in space when, in fact, the company's only in-space test had failed to achieve its primary mission objectives or demonstrate the technology's commercial viability. The order finds that Momentus and Kokorich also misrepresented the extent to which national security concerns involving Kokorich undermined Momentus's ability to secure required governmental licenses essential to its operations. In addition, the order finds that Stable Road repeated Momentus's misleading statements in public filings associated with the proposed merger and failed its due diligence obligations to investors. According to the order, while Stable Road claimed to have conducted extensive due diligence of Momentus, it never reviewed the results of Momentus's in-space test or received sufficient documents relevant to assessing the national security risks posed by Kokorich. The order finds that Kabot participated in Stable Road's inadequate due diligence and in filing its inaccurate registration statements and proxy solicitations. Reference Link
KRUS

Hot Stocks

16:21 EDT Kura Sushi names Sean Allameh as COO - Kura Sushi announced that Sean Allameh has been named the company's COO, effective July 26. Most recently, Allameh served as COO of Luna Grill from 2015, a California-based fast casual concept, where he helped grow the brand from 16 to 49 locations.
SCPH

Hot Stocks

16:20 EDT scPharmaceuticals works toward resubmission of Furoscix NDA after study - scPharmaceuticals announced positive top-line results from its FREEDOM-HF study. FREEDOM-HF was a prospective clinical trial evaluating overall and heart failure-related costs of treating congestion in patients with chronic heart failure. Patients were treated with FUROSCIX, our investigational product, post-discharge from the emergency department compared to a historical comparator group that was treated with intravenous furosemide in the inpatient hospital setting. Based on the results from a planned, prespecified interim analysis conducted to confirm the final sample size, and following input from statisticians, principal investigators, payer advisors and Health Economics and Outcomes Research, HEOR, experts, enrollment was stopped on May 17, 2021, prior to the enrollment target of 34 patients. This decision was made due to the highly statistically significant reduction observed in 30-day heart failure-related costs in patients who received FUROSCIX in the interim analysis. The final analysis included 24 subjects treated with FUROSCIX and 66 matched comparators based on seven variables associated with hospitalization. "These positive results from our pharmacoeconomic study support our hypothesis that treating heart failure patients with FUROSCIX has the potential to dramatically reduce the significant costs associated with admission or readmission to the hospital," stated John Tucker, chief executive officer of scPharmaceuticals. "As we continue to work toward the resubmission of our new drug application later this year, this study provides powerful evidence to payers on the potential economic benefit of FUROSCIX, if approved." "We currently lack a tool designed to manage worsening congestion in the outpatient setting in patients with chronic heart failure when oral diuretics are inadequate. This results in heart failure being one of the most common causes of hospital admissions in patients over 65 years of age," stated Dan Bensimhon, MD, Medical Director Advanced Heart Failure & Mechanical Circulatory Support Program, Cone Health. "I believe FUROSCIX, if approved, could represent an important new tool to manage heart failure in the outpatient setting."
ALLY

Hot Stocks

16:17 EDT Ally Financial raises share repurchase plan by 25%, hikes quarterly dividend 32% - Ally Financial announced that its board of directors has authorized the company to repurchase up to $2B of the company's common stock for 2021. This share repurchase program replaces the $1.6B authorization previously announced on Jan. 12, 2021. Additionally, the board of directors declared a quarterly cash dividend of 25c per share of the company's common stock, payable on August 16 to stockholders of record on August 2, representing a 32% per share increase relative to the company's prior quarterly cash dividend and the sixth increase since Ally began paying common dividends in 2016.
EBAY

Hot Stocks

16:14 EDT eBay reports Korea businesses as discontinued operations - During the second quarter, eBay and Emart announced they reached an agreement for the purchase by Emart of eBay's businesses in Korea and determined that it met the criteria for the classification of held-for-sale accounting and discontinued operations. Accordingly, eBay's businesses in Korea will be reflected in eBay's condensed consolidated financial statements as discontinued operations beginning in the second quarter. eBay's second quarter results will be reported and discussed on its quarterly conference call and webcast on August 11.
LB

Hot Stocks

16:14 EDT L Brands announces capital structure for Bath & Body Works business - The company also announced the go-forward capital structure for the standalone Bath & Body Works business, subsequent to the spin-off of Victoria's Secret & Co. The Bath & Body Works capital structure will include an authorization of a new $1.5B share repurchase program. This program will replace the previous $500M share repurchase program announced in March, which had $36.2M remaining. Under this previous program, the company had repurchased a total of 7M shares for $463.8M. It is the company's intent to reduce debt by up to $500M. Bath & Body Works capital structure will have targeted adjusted debt to EBITDAR leverage ratio in the mid-2x range. The company also expects the continuation of L Brands' current annual dividend of 60c per share.
AER...

Hot Stocks

16:12 EDT AerCap leases seven Airbus A350 aircraft to Delta Air Lines - AerCap Holdings (AER) announced it has executed agreements with Delta Air Lines (DAL) for the long-term lease of seven Airbus (EADSY) A350-900 aircraft, delivering in Q3 and Q4 of 2021. All seven aircraft are powered by Rolls-Royce (RYCEY) Trent XWB-84 engines.
LB

Hot Stocks

16:10 EDT L Brands reports quarter to date sales $2.35B vs. $1.37B last year - The company said, "L Brands, Inc. (NYSE: LB) reported net sales of $2.351 billion for the nine weeks ended July 3, 2021, compared to net sales of $1.369 billion for the nine weeks ended July 4, 2020. Second quarter 2020 sales were negatively impacted by the closure of stores for approximately half the quarter due to the COVID-19 pandemic. Sales for the first nine weeks of the second quarter of 2021 increased 12 percent compared to sales of $2.101 billion for the same period of 2019. Bath & Body Works net sales were $1.239 billion for the nine-week period ended July 3, 2021, compared to net sales of $743.5 million for the nine weeks ended July 4, 2020. Bath & Body Works sales for the first nine weeks of the second quarter of 2021 increased 48 percent compared to the same period of 2019. Victoria's Secret net sales were $1.112 billion for the nine-week period ended July 3, 2021, compared to net sales of $625.7 million for the nine weeks ended July 4, 2020. Victoria's Secret comparable sales for the first nine weeks of the second quarter of 2021 increased 3 percent compared to the same period in 2019. Second quarter-to-date sales in 2021 for both Bath & Body Works and Victoria's Secret were negatively impacted by a later start to their semi-annual sales compared to 2019."
CMP

Hot Stocks

16:07 EDT Compass Minerals identifies lithium brine resource of roughly 2.4M metric tons - Compass Minerals announced that it has identified a lithium brine resource of approximately 2.4M metric tons lithium carbonate equivalent at its active Ogden, Utah, solar evaporation site, including an indicated lithium resource within the ambient brine of the Great Salt Lake. For over 50 years, Compass Minerals' Ogden facility has leveraged the high mineral concentrations within the ambient lake brine from the North Arm of the Great Salt Lake to produce sulfate of potash, salt and magnesium chloride products. The Ogden facility is the largest operation of its kind in the Western Hemisphere. Compass Minerals is currently undertaking a strategic evaluation to assess development options available to service growing U.S. domestic lithium market demand while maximizing the long-term value of its lithium resource.
ICFI

Hot Stocks

16:06 EDT ICF International awarded $10M order by FTA - ICF was recently awarded a new $10M call order by the Federal Transit Administration, or FTA, to modernize the agency's Oversight Tracking System, or OTrak. The call order was awarded under the U.S. Department of Transportation Software Engineering Support blanket purchase agreement awarded to ICF in March 2020. The call order has a term of five years, including one base year and four option years.
IGIC

Hot Stocks

16:06 EDT IGI granted approval for European subsidiary in Malta - International General Insurance Holdings Ltd. announced that it has set up a European subsidiary in Malta to directly access business across Europe. International General Insurance Company, a subsidiary of Bermuda-based International General Insurance Co. Ltd., has been granted licensing by the Malta Financial Services Authority and is authorized to begin writing business. IGI also announced that Keith Mallia-Milanes has joined IGI as Chief Executive Officer of IGI Europe. Mr. Mallia-Milanes has more than 35 years of industry experience. Keith joins IGI from MAPFRE Middlesea, where his latest role was Assistant General Manager responsible for the Technical & Operations Division that included underwriting, reinsurance, claims, policy issuing and product management. He previously held other senior management and executive roles within MAPFRE both in Malta and Italy, and before that with other leading Maltese insurance operators.
DAL...

Hot Stocks

16:04 EDT Delta Air Lines to add used Airbus, Boeing aircraft to fleet - Delta (DAL) announced it has entered into agreements to add 29 used Boeing (BA) 737-900ERs and lease seven used Airbus (EADSY) A350-900s as it continues to streamline and modernize its fleet. "The 36 additional aircraft will improve fuel efficiency and enhance the customer experience, while supporting Delta's fleet renewal strategy focused on simplification, scale, size and sustainability... The COVID-19 pandemic provided an opportunity to simplify Delta's fleet and accelerate retirements of 18 widebody 777s, and the MD-88 and MD-90 narrowbody fleets, all of them older and less efficient. The pandemic also provided unique business opportunities to add newer generation aircraft at attractive prices," the company stated. Delta will lease the A350s through AerCap (AER) and purchase 27 of the 737-900ERs from funds managed by Castlelake, L.P., while the remaining two 737-900ERs will be financed from funds also managed by Castlelake, L.P. Both transactions are subject to closing conditions. Deliveries of the aircraft will be completed by the first quarter of 2022, and they will enter service after modifications are completed. In addition to the seven A350s that are part of this announcement, Delta currently has 15 A359s in service and 20 on order. The addition of the 29 737-900ERs will bring the total to 159 in its fleet. The agreement follows Delta's decision in April to exercise options on 25 additional A321neo jets, which will start to deliver next year. Reference Link
BWMN

Hot Stocks

16:03 EDT Bowman Consulting awarded $10M task order with Cook County - Bowman Consulting Group announced that it has received a $10M task order contract award with the Cook County Department of Transportation and Highways in Illinois relating to the County's Pavement Preservation and Rehabilitation program. The term of the Award is for three years with two one-year renewal and extension options for the County. Under the terms of the Award, Bowman will provide construction management services to include engineering and inspection services on a sole-source, task order basis for pre-construction, construction, and post-construction phases of the PPR. The County may expand the Award to include other construction management and engineering related tasks outside the PPR at its discretion. The company will record backlog associated with the Award as individual task order assignments are issued.
EPR

Hot Stocks

15:46 EDT EPR Properties announces resumption of 25c per share monthly cash dividend - Earlier, EPR Properties announced that it is resuming payment of a monthly cash dividend of 25c per common share to its common shareholders, following its decision to terminate the covenant relief period early under certain of its credit facilities. The company is also providing a business update on property openings and cash collection levels for the second quarter ended June 30, 2021. As of June 30, 2021, approximately 99% of the company's theatre and 98% of the company's non-theatre locations were open, excluding normal seasonal closings. Certain assets remain closed in Canada pursuant to local restrictions. For the second quarter of 2021 the company collected approximately 82% of contractual cash revenue. "This cash collection level is in excess of the high end of the previously announced guidance for the second quarter of 75%-80% and continues the favorable trajectory of cash collections the company is experiencing... In addition to the collections above, collections of deferred rent and interest during the second quarter from accrual basis tenants totaled $16.3M, bringing the total for such collections to $45.9M for the six months ended June 30, 2021," EPR stated. As previously announced, the company will release its second quarter 2021 results after the market close on Tuesday, July 27 and management will host a conference call to discuss the company's results on Wednesday, July 28.
DIS

Hot Stocks

15:35 EDT Disney says General Counsel and Chief Communications Officer to step down - In a regulatory filing, Disney disclosed that on July 12, 2021, Alan Braverman, Senior Executive Vice President, General Counsel and Secretary of The Walt Disney Company, whose current employment agreement with the company ends on December 31, 2021, notified the company that he is stepping down from his positions at the company effective as of January 1, 2022 or such later date as may be necessary to effect a smooth transition. Additionally, on July 12, 2021, Zenia Mucha, Senior Executive Vice President and Chief Communications Officer of the company, whose current employment agreement with the company ends on December 31, 2021, notified the company that she is stepping down from her positions at the company effective as of January 1, 2022 or such later date as may be necessary to effect a smooth transition.
AFRM...

Hot Stocks

14:14 EDT Affirm, PayPal slip after report of Apple 'Buy Now, Pay Later' plans - Shares of Affirm (AFRM) and PayPal (PYPL) have both moved lower in afternoon trading after Bloomberg's Mark Gurman and Sridhar Natarajan reported that Apple (AAPL) is working with Goldman Sachs (GS) to launch a "Buy Now, Pay Later," or BNPL, service, known internally as Apple Pay Later. PayPal shares are down fractionally to $302.23 in afternoon trading following the report, while shares of Affirm are down $5.20, or 8%, to $59.80 as of 2:13 pm ET.
AFRM...

Hot Stocks

14:14 EDT Affirm, PayPal slip after report of Apple 'Buy Now, Pay Later' plans - Shares of Affirm (AFRM) and PayPal (PYPL) have both moved lower in afternoon trading after Bloomberg's Mark Gurman and Sridhar Natarajan reported that Apple (AAPL) is working with Goldman Sachs (GS) to launch a "Buy Now, Pay Later," or BNPL, service, known internally as Apple Pay Later. PayPal shares are down fractionally to $302.23 in afternoon trading following the report, while shares of Affirm are down $5.20, or 8%, to $59.80 as of 2:13 pm ET.
IRBT

Hot Stocks

13:36 EDT iRobot voluntarily disclaimed all of rival SharkNinja's challenged patent claims - SharkNinja announced it has successfully challenged the validity of numerous claims of an iRobot patent related to wet and dry robots for vacuuming and mopping floors. In September, SharkNinja filed a petition for an inter partes review before the U.S. Patent Trial and Appeal Board,PTAB, related to various claims of iRobot's U.S. patent number 7,389,156 titled, "Autonomous Surface Cleaning Robot for Wet and Dry Cleaning." The petition alleged that several claims of the patent were invalid and should be cancelled. In April the PTAB instituted SharkNinja's petition, finding SharkNinja demonstrated at least one of the challenged claims were likely invalid. While iRobot initially opposed SharkNinja's petition, late last week, iRobot voluntarily disclaimed all of the challenged claims of the patent. "SharkNinja is pleased with the outcome of this proceeding. SharkNinja takes intellectual property very seriously and has sought PTAB review of several additional iRobot patents, which remain pending. SharkNinja is confident that these additional proceedings will ultimately reach successful conclusions as well," said the company.
FSTR

Hot Stocks

13:01 EDT L.B. Foster awarded $7M USACE Soo Locks construction project - L.B. Foster Company has been awarded a $7M subcontract to supply infrastructure materials for the rehabilitation of existing upstream approach walls for a new lock at the U.S. Army Corps of Engineers Soo Locks Complex in Sault Ste. Marie, Michigan. The Company is supplying approximately 5,750 tons of steel piling to construction firm Kokosing-Alberici. The upstream approach walls will be constructed using a combination of 34 ft. diameter cellular cofferdams using PS 31 and PS 27.5 steel flat sheets, and approach walls using PZC 13, 26, and 28 steel sheet piling. The approach walls allow ships to tie up and wait their turn to pass through the new lock. L.B. Foster and major supply partner, Gerdau, managed the delivery of the piling beginning in spring 2021, with installation estimated to be completed in 2023.
ALGT

Hot Stocks

13:01 EDT Allegiant Travel reports preliminary Q2 traffic down 11.5% vs. 2Q19
ALGT

Hot Stocks

13:00 EDT Allegiant Travel reports preliminary June traffic up 3% - Allegiant Travel Company reported preliminary passenger traffic results for June 2021 as well as second quarter 2021. "Demand strength persisted throughout the quarter with average daily bookings in excess of the same time period in 2019," stated Gregory Anderson, executive vice president and CFO. "We continued to see load factor improvement throughout June with a nearly 10-point increase from May on year over two-year capacity growth of roughly 14 percent. Given the demand strength, scheduled service revenue, excluding fixed fee and other revenue, is estimated to be $467 million, down 1.3 percent when compared with 2019. This is better than initial expectations due to significantly increased breakage revenue1 related to the elevated issuance of credit vouchers throughout the pandemic as well as sustained yield strength throughout the quarter. Excluding breakage, yield was up nearly two percent when compared with the second quarter of 2019. Given the revenue strength observed throughout the quarter, we estimate an adjusted EBITDA margin of roughly 29 percent."
ELMS

Hot Stocks

12:55 EDT Electric Last Mile Solutions signs long-term supply agreement with Wuling Motors - Electric Last Mile Solutions announced that it has signed a binding, long-term supply agreement with Liuzhou Wuling Automobile Industry, a supplier of automotive components. Under the agreement with Wuling Motors, ELMS will have long-term access to EV component systems and parts from Wuling Motors' commercial EV cargo van platform for the manufacture of the ELMS all-electric Urban Delivery vehicle. The agreement with Wuling Motors adds to the Company's existing and developing strategic partnerships with other industry-leading suppliers and service providers, including CATL for battery packs, Geotab for advanced telematics, Cox Automotive for comprehensive service coverage and Randy Marion Automotive Group for distribution. The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial EV available in the U.S. market and will be produced at the company's plant in Mishawaka, Indiana. The Urban Delivery is anticipated to have a range of approximately 150 miles and is also expected to come with a suite of connectivity and productivity solutions, including over-the-air updates.
KOR

Hot Stocks

12:45 EDT Corvis Gold Inc trading resumes
GOOGL GOOG

Hot Stocks

12:28 EDT BlueZoo to use Google Cloud to 'redefine' property insurance - Google Cloud said in a blog post that BlueZoo, a Menlo Park, California-based startup focused on transforming the property insurance and the real estate industries, has chosen to innovate and build on Google Cloud. "They have made it their mission to leverage our data and artificial intelligence products to build new and more accurate ways of measuring building occupancy to reduce insurance costs, improve building safety, and reinvent how people think about buildings," Henna Karna, managing director of Global Insurance and RIsk Management Solutions at Google Coud, said. "By combining cloud compute power and storage efficiency for training machine learning models with robust edge inference, BlueZoo sensors deliver precise and timely data to insurers. The optical sensors will measure with 99% accuracy things like lighting usage, foot traffic, areas of congestion, and many other risk metrics," Karna added. "So while insurers may occasionally send risk engineers to assess a particular building, BlueZoo measures risk continuously, making it possible to more accurately price risk or work with building owners to mitigate risk." Reference Link
KOR

Hot Stocks

12:22 EDT Corvus Gold to resume trading at 12:45 pm ET - Corvus Gold will resume trading at 12:45 pm ET, with quotation set to resume at 12:40 pm ET, according to Nasdaq.
AU KOR

Hot Stocks

12:16 EDT Corvus Gold confirms receipt of non-binding offer from AngloGold Ashanti - Corvus Gold (KOR) announces it has received an unsolicited, non-binding proposal from AngloGold Ashanti Limited (AU) for the acquisition of Corvus Gold. The principal terms of the proposal include AngloGold acquiring all issued and outstanding Corvus shares for consideration of C$4.00 per share payable in cash. "Management and the Board of Directors, in accordance with their fiduciary duties and consistent with their commitment to maximize shareholder value, are reviewing the proposal and have no further comment at this time. Shareholders are not required to take any action at this time," Corvus stated.
KO

Hot Stocks

12:06 EDT Coca-Cola announces updated version of Coca-Cola Zero Sugar - Coca-Cola announced via Twitter an updated version of Coca-Cola Zero Sugar, saying the beverage now comes with a new can and a "new formula." The company did not mention how exactly the product would differ from previous versions of Coke Zero. Reference Link
GS BASFY

Hot Stocks

12:02 EDT Goldman Sachs AM, EDF Renewables report operation of Tomrs River project - EDF Renewables North America and the Renewable Power business within Goldman Sachs Asset Management (GS) announced the commercial operation of the Toms River Solar Project, delivering 28.9 megawatts of clean renewable energy. The project, built on BASF Corporation's (BASFY) property by EDFR in coordination with PVOne and Goldman Sachs, is New Jersey's largest solar project and the largest solar project built on a Superfund site in the U.S., the companies said in a statement.
C

Hot Stocks

12:01 EDT Citi Latin America announces 'successful' launch of Citi Digital Account - Citi Treasury and Trade Solutions Latin America today announced a successful launch of the Citi Digital Account. Citi Digital Account leverages innovative digital capabilities using Citi's award-winning CitiDirect BE Digital Onboarding, Electronic Signatures, and Digital Product Activations. "Citi's Latin America business has successfully developed one of the most comprehensive platform value propositions as a part of its Digital First strategy," said Steve Donovan, Latin America Treasury and Trade Solutions Head at Citi. "Our digital value proposition has evolved from enabling clients' treasury digitization objectives, such as efficiency and transparency, to helping them compete in the digital economy." Citi Digital Account is now offered in Brazil, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, and Puerto Rico, with additional countries to follow in 2022.
TWO

Hot Stocks

12:00 EDT Two Harbors falls -9.0% - Two Harbors is down -9.0%, or -66c to $6.67.
TUFN

Hot Stocks

12:00 EDT Tufin falls -9.5% - Tufin is down -9.5%, or -$1.05 to $9.96.
GATO

Hot Stocks

12:00 EDT Gatos Silver falls -19.6% - Gatos Silver is down -19.6%, or -$3.80 to $15.57.
NOK

Hot Stocks

12:00 EDT Nokia rises 10.6% - Nokia is up 10.6%, or 57c to $5.94.
BBW

Hot Stocks

12:00 EDT Build-A-Bear rises 10.7% - Build-A-Bear is up 10.7%, or $1.67 to $17.29.
SFE

Hot Stocks

12:00 EDT Safeguard Scientifics rises 12.4% - Safeguard Scientifics is up 12.4%, or 95c to $8.62.
EA

Hot Stocks

11:43 EDT Electronic Arts says Codemasters CEO and CFO have decided to step down - Electronic Arts announces that, further to the completion of its recommended cash acquisition of the entire issued and to be issued share capital of Codemasters Group Holdings plc, which was effected by way of a scheme of arrangement under Part 26 of the Companies Act 2006 on February 18, 2021, Frank Sagnier and Rashid Varachia, the Chief Executive Officer and Chief Financial Officer of Codemasters, respectively, have decided to step down from their roles at Codemasters. "Their decision was voluntary at their election and not at the request of EA. Consequently, EA is updating the statement of intention made pursuant to Rules 2.7(c)(viii) and 24.2 of the Code, set out in the announcement of December 14, 2020 and the scheme document published in connection with the Acquisition on January 7, 2021, that it intended for Codemasters' existing executive management team, including Frank Sagnier and Rashid Varachia, to remain in place following completion of the acquisition," the company said in a statement issued to the London Stock Exchange.
SONY MSFT

Hot Stocks

11:32 EDT Bethesda's 'Ghostwire: Tokyo' delayed to early 2022 - Developer Tango Gameworks said that it has made the decision to delay the launch of its upcoming video game "Ghostwire: Tokyo" to early 2022. "We want to get the game in your hands as soon as possible so you can experience the unforgettable version of a haunted Tokyo that we've been hard at work building," the company said. "At the same time, we're also focused on protecting the health of everyone at Tango. Our new release window will give us time to bring the world of Ghostwire to life as we've always envisioned it." Though the game is a PlayStation 5 (SONY) timed console exclusive for the first year of its availability, the game is published by Bethesda, which is owned by Microsoft (MSFT).
CMCSA

Hot Stocks

11:02 EDT Comcast appoints Broderick Johnson as EVP, public policy and EVP, digital equity - Comcast Corporation announced that Broderick Johnson will join the company as Executive Vice President, Public Policy and Executive Vice President, Digital Equity. Johnson will oversee the company's Public Policy team in Washington, DC, and will take overall responsibility for Comcast's leading role in the digital equity space. He will report to Tom Reid, Chief Legal Officer and Secretary. Johnson will succeed Rebecca Arbogast leading the Public Policy team and will work in concert with Mitch Rose, Executive Vice President, Federal Government Affairs who oversees the company's legislative and regulatory teams. With over three decades of experience as a lawyer, policy advisor and strategist, Mr. Johnson joins Comcast from Covington & Burling.
FTPA

Hot Stocks

10:32 EDT FTAC Parnassus Acquisition Corporation (Class A Stock) trading resumes
FTPA

Hot Stocks

10:27 EDT FTAC Parnassus Acquisition Corporation (Class A Stock) trading halted, volatility trading pause
KOR AU

Hot Stocks

10:14 EDT AngloGold Ashanti offers to acquire Corvus Gold for C$4 per share - AngloGold Ashanti (AU) announces that a non-binding proposal has been submitted to the Board of Directors of Corvus Gold (KOR) under which its direct wholly owned subsidiary, AngloGold Ashanti Holdings plc, would be willing to acquire for cash all of the issued and outstanding common shares of Corvus which the company does not already beneficially own. AngloGold Ashanti currently holds a 19.5% indirect interest in Corvus, which is incorporated in British Columbia, Canada and listed on the Toronto Stock Exchange and NASDAQ. Corvus owns North Bullfrog, Mother Lode and other exploration assets located in southern Nevada's Beatty District, which are in close proximity to, or contiguous with, AngloGold Ashanti's exploration assets of Silicon, Transvaal and Rhyolite. AngloGold Ashanti proposes that AGAH will acquire all of the issued and outstanding Corvus shares other than the Corvus shares currently beneficially owned by the company in exchange for consideration of C$4.00 per Corvus share, payable in cash. The offer price represents a premium of approximately 55% to the undisturbed price of C$2.58 per Corvus share on 5 May 2021, prior to the announcement of the loan agreement, a premium of approximately 23% to the closing price per Corvus share prior to the submission of the proposal and a premium of approximately 20% to the last 10-day volume weighted average price of Corvus shares on the TSX. Based upon the offer price, AngloGold Ashanti estimates that the total cash consideration payable to shareholders, other than AngloGold Ashanti, for the proposed transaction is approximately $370M inclusive of payments in respect of Corvus' outstanding options. Following the submission of the proposal, AngloGold Ashanti expects to engage with Corvus' board of directors regarding the proposed transaction and in parallel complete certain limited confirmatory due diligence relating to Corvus and its assets. Reference Link
GE

Hot Stocks

10:03 EDT SAUDIA Airlines contracts with GE Digital for digital assets records management - GE Digital today announced that SAUDIA Airlines will be implementing GE Digital's Aviation Software Asset Records solution. The contract extends the partnership between Saudia and GE creating further operational efficiencies and cost optimization. By implementing Asset Records, SAUDIA is anticipating achieving benefits including reduction in records management overhead, time savings for engineering, easier data retrieval, optimization of the transfer of assets between the airline and other entities, and more. The airline will be utilizing GE Digital's Asset Transfer System to streamline and simplify the way leased-asset documentation is managed with lessors, as well as MRO Connect, Workflow Management, and M&E Systems Integration.
SABR

Hot Stocks

10:01 EDT Cleartrip signs multi-year deal with Sabre - Cleartrip, an online travel and leisure aggregator in the Middle East and India, has signed a multi-year deal with Sabre. The expanded, long-term agreement sees Sabre become Cleartrip's largest global distribution system partner and is part of the OTA's strategy to streamline its GDS relationships. Focusing on advanced technology to spur growth, Cleartrip will be able to create compelling shopping experiences for customers and provide an enhanced level of expertise to help people travel again. One key feature of Sabre's technology will be its Bargain Finder Max API, which Cleartrip will use to customize shopping experiences for travelers and tailor search results for the most relevant fares based on a range of itinerary preferences.
CMCSA

Hot Stocks

10:01 EDT Comcast Government Services awarded two multimillion dollar contracts from DISA - Comcast Business announced that Comcast Government Services has been awarded two additional multimillion dollar contracts by the United States' Defense Information Systems Agency as part of the Agency's effort to replace legacy circuits across the country with Ethernet-based services to improve network performance and reduce overall telecommunications costs. The contracts - covering DISA's Commercial Ethernet Gateway Region 4 and Region 5 - represent $84.2M and $71.6M up to ten years, respectively. Comcast has now won four of the seven CEG regions for a total of more than $267M; the Company was awarded CEG Region 3 in June 2021 and Region 1 in March 2020.
TUFN

Hot Stocks

10:00 EDT Tufin falls -9.1% - Tufin is down -9.1%, or -$1.00 to $10.01.
TWO

Hot Stocks

10:00 EDT Two Harbors falls -9.5% - Two Harbors is down -9.5%, or -69c to $6.63.
GATO

Hot Stocks

10:00 EDT Gatos Silver falls -13.6% - Gatos Silver is down -13.6%, or -$2.64 to $16.73.
SFE

Hot Stocks

10:00 EDT Safeguard Scientifics rises 8.5% - Safeguard Scientifics is up 8.5%, or 65c to $8.32.
NOK

Hot Stocks

10:00 EDT Nokia rises 8.9% - Nokia is up 8.9%, or 48c to $5.85.
XYF

Hot Stocks

10:00 EDT X Financial rises 12.0% - X Financial is up 12.0%, or $1.35 to $12.56.
GS

Hot Stocks

09:59 EDT Goldman Sachs 'focused' on $1.3B expense savings target - CFO Stephen Scherr says bank has line of sight on roughly $3B of incremental private asset sales corresponding to over $1B of capital reduction.
GS

Hot Stocks

09:53 EDT Goldman Sachs sees loan growth accelerating in coming quarters
HBMD

Hot Stocks

09:50 EDT Howard Bancorp trading resumes
SDC

Hot Stocks

09:47 EDT ACCC alleges SmileDirectClub misled consumers - The Australian Competition & Consumer Commission announced earlier that it has instituted Federal Court proceedings against SmileDirectClub Aus Pty Ltd and its US parent company, SmileDirectClub LLC, over alleged false and misleading statements about private health insurance reimbursement for its clear teeth aligners and associated treatment. "It is alleged that, between May 2019 and October 2020, SmileDirectClub represented to thousands of Australian consumers that they may be eligible for a reimbursement for SmileDirectClub aligners and associated treatment from their health fund, even though most Australian private health funds did not cover the SmileDirectClub aligner treatment. This information was allegedly conveyed via email, text messages, flyers, and on its website," the ACCC stated. The ACCC seeks declarations, penalties, consumer redress and other orders. Reference Link
TUFN

Hot Stocks

09:47 EDT Tufin falls -10.0% - Tufin is down -10.0%, or -$1.10 to $9.91.
TWO

Hot Stocks

09:47 EDT Two Harbors falls -10.2% - Two Harbors is down -10.2%, or -75c to $6.58.
GATO

Hot Stocks

09:47 EDT Gatos Silver falls -10.3% - Gatos Silver is down -10.3%, or -$2.00 to $17.37.
XYF

Hot Stocks

09:47 EDT X Financial rises 5.4% - X Financial is up 5.4%, or 60c to $11.81.
NMG

Hot Stocks

09:47 EDT Nouveau Monde rises 6.1% - Nouveau Monde is up 6.1%, or 43c to $7.53.
NOK

Hot Stocks

09:47 EDT Nokia rises 8.0% - Nokia is up 8.0%, or 43c to $5.80.
GS

Hot Stocks

09:41 EDT Goldman Sachs CEO: Investment banking backlog remains at record level - Comments taken from Q2 earnings conference call.
FGEN

Hot Stocks

09:35 EDT FDA posts briefing documents for meeting to discuss FibroGen's roxadustat - The FDA has posted briefing material for the July 15, 2021 meeting of the Cardiovascular and Renal Drugs Advisory Committee to discuss the data in support of New Drug Application 213805 for roxadustat, to consider its benefits and risks for applicant FibroGen's proposed indication: "Roxadustat is indicated for the treatment of anemia due to chronic kidney disease in adult patients not on dialysis and on dialysis." The documents state: "As is the case with ESAs, roxadustat is titrated to achieve a target Hb level, and roxadustat's efficacy is not in question. All studies in both the NDD and DD patient populations demonstrated efficacy. The principal issue before the Committee is the drug's safety, and safety with respect to the specific CKD patient populations... Placebo-controlled studies in the NDD patient population enrolled subjects with significant anemia, and because anemia was less likely to improve in subjects who received placebo, they were more likely to discontinue from the study. Thus, for the three trials overall, completion rates were 62% and 41% in patients randomized to roxadustat and placebo, respectively. The difference in completion rates confounded a number of the safety analyses; in particular, the MACE results are sensitive to the duration of post-treatment observation." Reference Link
RTX...

Hot Stocks

09:34 EDT Raytheon's Pratt & Whitney surpasses 800 GTF engine orders in 2021 - Pratt & Whitney, a Raytheon Technologies (RTX) business, announced the company has booked more than 800 orders and commitments for GTF engines since the beginning of 2021. Customers that have selected GTF-powered aircraft include Frontier Airlines (FRNTQ), Volaris (VLRS), Air France (AFLYY), Delta Air Lines (DAL), and, most recently, AerCap (AER). "GTF-powered aircraft are helping to lead the recovery around the world, while delivering unmatched fuel efficiency and world-class reliability to our customers," said Rick Deurloo, chief commercial officer and senior vice president at Pratt & Whitney. "We're the only engine maker with a geared fan in service today, and we're also leading the industry with the lowest carbon emissions for single-aisle aircraft. We're pleased with our orders to date and look forward to continuing this momentum throughout the year."
SLI

Hot Stocks

09:30 EDT Standard Lithium commences trading on NYSE American - Standard Lithium is pleased to announce that its common shares have commenced trading on the NYSE American as of the market open today, July 13, 2021. The Company now trades on both the NYSE American and the TSX Venture Exchange under the new ticker symbol "SLI". The NYSE American listing and change in ticker symbol does not require any action by current shareholders. There is no change in the name or CUSIP of the Company, and no consolidation of share capital, in connection with the NYSE American listing.
CIA

Hot Stocks

09:30 EDT Citizens names Sheryl Kinlaw as new Chief Legal Officer - Citizens announced that Sheryl Kinlaw has been appointed Chief Legal Officer, reporting directly to Gerald Shields, Vice-Chairman of the Board and interim CEO, effective immediately. Kinlaw brings over 20 years of experience as senior-level counsel, including senior leadership positions with publicly held corporations. She will lead the legal team with responsibility for all legal, regulatory, governance and compliance matters.
IFNY

Hot Stocks

09:29 EDT Infinity Energy Resources joins OTCQB Venture Market - Infinity Energy Resources announced that that the Company's common stock has been up-listed and approved for quotation on the OTCQB Venture Market effective June 13, 2021. The Company will continue to be quoted under the quotation symbol "IFNY."
LIXT

Hot Stocks

09:27 EDT Lixte Biotechnology comments on outside research on LB-100's PP2A inhibition - Lixte Biotechnology Holdings noted that Julio Pimentel, a fourth-year doctoral student in the Wayne State University School of Medicine's Cancer Biology program, was selected for the second time to receive the National Latino Leader Award and a scholarship to present virtually studies of LB-100 in triple negative breast cancer at the 2021 Society of Advancing Chicanos/Hispanics and Native Americans in the Sciences Conference, October 25-29, 2021. His recognition notes significant research accomplishments despite the challenges posed by the COVID 19 pandemic. Lixte congratulates Pimentel and his coauthors on their demonstration that LB-100 significantly inhibits the growth of TNBC cells, whether they are resistant or sensitive to the anti-tumor agent TRAIL. It was noted that LB-100 sensitizes TNBC cells to the chemotherapeutic drugs, paclitaxel and cisplatin, which are commonly used for the treatment of TNBC. Pimentel and his coauthors concluded that their data suggest that inhibition of PP2A activity could be a novel therapeutic approach to this notoriously unresponsive sub-type of breast cancer Lixte's CEO John Kovach, MD commented, "Preclinical studies at leading medical centers have shown that LB-100 enhances standard therapies for many cancers, including some of the most aggressive types. The report from Wayne State University is a good example of this phenomenon. Lixte is currently focused on demonstrating the effectiveness of LB-100 in other cancers where better therapies are also urgently needed, and would welcome a partner interested in evaluating LB-100 as a component of chemotherapy for TNBC. There is a clear need for such a therapy, as TNBC comprises 15-20 % of all breast cancers, the most common malignancy and a leading cause of cancer death among women in the US."
KOR

Hot Stocks

09:21 EDT Corvis Gold Inc trading halted, news pending
GNUS

Hot Stocks

09:20 EDT Genius Brands reports over 40M views for 'Stan Lee's Superhero Kindergarten' - Since premiering on April 23 on Kartoon Channel!, Genius Brands International's Stan Lee's Superhero Kindergarten, starring and executive produced by Arnold Schwarzenegger, continues to build its viewership reaching a new milestone of over 40 million views to date. Viewership for Stan Lee's Superhero Kindergarten since the premiere of the action-adventure comedy series has surpassed expectations with 11 episodes of season one currently available and 15 more episodes set to debut this year. The show is also credited with bringing a greater than 900% increase in unique users to the Kartoon Channel! ecosystem. Furthermore, it is the most watched show on Kartoon Channel! and last week, episodes of Stan Lee's Superhero Kindergarten represented all ten of the Top Ten Most Watched episodes on the streaming platform.
NEWA

Hot Stocks

09:19 EDT Newater Technology announces completion of merger - Newater Technology announced that the completion of merger contemplated by that certain agreement and plan of merger by and among the company, Crouching Tiger Holding Limited, an exempted company with limited liability incorporated under the laws of the Cayman Islands, and Green Forest Holding Limited, a company with limited liability incorporated under the laws of the British Virgin Islands (the "Merger Sub") dated as of September 29, 2020, providing for the merger of the Merger Sub with and into the company, with the company continuing as the surviving company after the Merger as a wholly owned subsidiary of the Parent. The company also announced that it has requested that trading of its shares on the Nasdaq Capital Market be suspended. The company has requested that Nasdaq file a Form 25 with the SEC notifying the SEC of the delisting of the company's ordinary shares on Nasdaq and the deregistration of the company's registered securities. The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC. The company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC in approximately ten days following the filing of the Form 25. The company's obligations to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.
APO

Hot Stocks

09:19 EDT Apollo Global names David Krone Global Head of Public Policy - Apollo Global Management announced the appointment of David Krone as Senior Partner and Global Head of Public Policy. In this new role, Krone will support the firm's leadership in key areas, work to assess geopolitical trends, and advance Apollo's thought leadership on key public policy issues to drive economic growth. He will oversee and direct engagement with policymakers and will also serve as an advisor to Apollo funds' various portfolio companies.
VERB MSFT

Hot Stocks

09:19 EDT Verb Technology announces general commercial release of verbMAIL - Verb Technology Company (VERB) announced the general commercial release of verbMAIL. This new product offering, developed through direct collaboration with Microsoft's (MSFT) Global Partner Solutions' U.S. Technical Team, is an integration of VERB's interactive video capabilities into Microsoft Outlook, and is now available by subscription through Microsoft's AppSource Store to the one billion enterprise and individual Microsoft Outlook users worldwide.
NVCN...

Hot Stocks

09:18 EDT Neovasc announces new appointments in leadership - Neovasc (NVCN) announced that it has appointed Lisa Becker as Vice President, Regulatory Affairs, Global Angina Therapies and Sarah Gallagher as Vice President, Clinical Affairs. Becker has more than 20 years of experience in medical device regulatory affairs. Her product and therapy experience has spanned medical devices from cardiac rhythm management, to vascular support, pulmonary artery pressure monitoring, cardiac occluders, heart valves and most recently, structural heart products, previously working at Abbott (ABT). Gallagher brings 20 years of medical device clinical research experience to the Neovasc team. Prior to joining Neovasc, she held leadership roles at Medtronic (MDT) in Interventional Pain, Neuromodulation, and Cardiac Rhythm Management, as well as St. Jude Medical in Structural Heart. Neovasc also announces the departure of Vicki Bebeau, former Vice President of Clinical and Regulatory affairs who is assisting with transitioning activities to Sarah and Lisa until August 30, 2021.
AVAV

Hot Stocks

09:18 EDT AeroVironment wins $22M task order from U.S. Special Operations Command - AeroVironment announced it was awarded a competitive task order valued at approximately $22M on May 21 from the U.S. Special Operations Command, USSOCOM, for ISR services using JUMP 20 medium unmanned aircraft systems, UAS, at an undisclosed customer location. The ISR services include the first SATCOM-enabled unmanned aircraft system for beyond line of sight operations as part of the existing Indefinite Delivery, Indefinite Quantity IDIQ MEUAS IV contract. The task order specifies a 12-month period of performance and multiple follow-on option years for ISR services.JUMP 20 is a VTOL, fixed-wing unmanned aircraft system that can be deployed quickly and requires no launch equipment or runway. "The JUMP 20 delivers an unmatched level of versatility, with runway and infrastructure independence, multiple payload configurations, class-leading endurance and a track record of reliability and ruggedness," said Gorik Hossepian, AeroVironment vice president and product line general manager for medium UAS. "The inclusion of a SATCOM payload adds beyond line of sight operation to the JUMP 20, providing our customer with expanded reach and situational awareness, and representing another game-changing, market-leading capability."
DOGZ HD

Hot Stocks

09:18 EDT Dogness International announces availability of its products on HomeDepot.com - Dogness (DOGZ) announced availability of its products on HomeDepot.com (HD), including the Dogness 3.2L Smart Fountain Plus and its smart retractable leashes. Dogness' sleek, easy to use 3.2L Smart Fountain Plus features an automatic flow of clean water to remove foul odors and tastes that are all too common with traditional water bowls, while encouraging pets to drink more. Dogness' highly-rated smart retractable leashes, which come in a variety of colors, are designed with a durable stainless steel switching device to withstand pulling strength five times that of a pet's weight. The ergonomic handle adds both comfort and control.
BUD

Hot Stocks

09:17 EDT OverActive Media announces Bud Light as official beer partner of Toronto Ultra - OverActive Media announced that Bud Light is the Official Beer Partner of the Toronto Ultra, Canada's Call of Duty team. The new partnership is focused on creating custom content and celebrating big moments with Ultra fans. The collaboration will include a player-focused social media content campaign that will give Ultra players the opportunity to give their hot takes on a range of topics within the Call of Duty community. Fans can also expect to be taken behind-the-scenes at the Stage 5 Major and Call of Duty League Champs with exclusive content.
ZYXI

Hot Stocks

09:16 EDT Zynex announces uplisting to Nasdaq Global Select Market - Zynex announced that effective as of market open on July 14, its common stock has been approved for uplisting to the Nasdaq Global Select Market and will continue trading under its current ticker symbol "ZYXI."
LGIQ

Hot Stocks

09:16 EDT Logiq partners with Peer39 for safety solutions - Logiq has partnered with Peer39 to provide small and medium-sized brands, and the agencies that serve them, with the industry's largest and most scaled pre-bid keyword, contextual and brand safety solutions for modern marketers. Integrated within Logiq's Digital Marketing platform, Logiq's clients will have direct access to Peer39's industry-leading capabilities within a single experience. With the continued evolution of regulation and media platform policies for how third-party data and cookies can be utilized by online marketers, contextual targeting is experiencing a "renaissance" with its prominence into a marketer's digital advertising campaigns.
XPO GXO

Hot Stocks

09:15 EDT XPO Logistics board of directors approve separation of GXO Logistics - XPO Logistics (XPO) announced that its board of directors approved the previously announced separation of its logistics segment through the distribution of all of the outstanding shares of common stock of its wholly owned subsidiary, GXO Logistics (GXO), to holders of XPO common stock. Following the separation, GXO and XPO will be independent public companies with distinct investment identities and service offerings in vast addressable markets. The separation will be effected through a pro rata distribution of all outstanding shares of GXO common stock to XPO's stockholders of record at the close of business on July 23, 2021, the record date for the distribution. If the distribution is completed, each XPO stockholder will receive one share of GXO common stock for every one share of XPO common stock held on the record date. The distribution does not require shareholder approval, nor is any shareholder action necessary to receive shares in the distribution of GXO common stock. Upon completion of the distribution, XPO will continue to trade on the New York Stock Exchange under the ticker symbol "XPO" and GXO will trade regular way on the New York Stock Exchange under the symbol "GXO". Beginning on or about July 22, 2021 and expected to continue up to August 2, 2021, there will be two markets in XPO common stock on the NYSE: a "regular-way" market and an "ex-distribution" market. As previously announced, Brad Jacobs will serve as chairman of GXO's board of directors. Additionally, as of the date of separation, current XPO directors Oren Shaffer, Marlene Colucci and Gena Ashe will resign from the XPO board to serve as directors of GXO. Additionally, Clare Chatfield, senior partner with L.E.K. Consulting; Joli Gross, general counsel of United Rentals, Inc.; and Malcolm Wilson, CEO of GXO, will serve as directors of GXO.
AGRI WFC

Hot Stocks

09:14 EDT AgriFORCE Growing Systems appoints Amy Griffith to board of directors - AgriFORCE Growing Systems (AGRI) announces that it has appointed senior government affairs executive, Amy Griffith, to the Company's board of directors. Ms. Griffith will serve on the board's Executive Compensation, Audit, and Nominating and Corporate Governance Committees. Amy Griffith is Wells Fargo's (WFC) State & Local Government Relations Senior Leader for the NorthEast Region encompassing Pennsylvania, New Jersey, New York, Connecticut, Rhode Island, New Hampshire, Massachusetts, Vermont and Maine.
VRS

Hot Stocks

09:13 EDT Atlas submits 'preliminary' proposal to acquire Verso for $20 per share - Atlas Capital Resources, which owns a 9.12% stake in Verso, disclosed yesterday morning that it submitted a "preliminary, non-binding proposal" to Verso's board of directors. Atlas proposed, through an affiliate, to acquire all of the outstanding shares of common stock of the company not already owned for $20.00 per share in cash and expressed its intention to finance the transactions with equity financing. "The proposed transaction is subject to a number of conditions, including, among other things, confirmatory due diligence and the negotiation, execution and delivery of mutually satisfactory definitive documentation. Atlas reserves the right to withdraw the Proposal without further obligation of any kind at any time and for any reason or no reason at all," it said in a regulatory filing. Verso closed yesterday unchanged at $19.04 per share.
BLK

Hot Stocks

09:13 EDT BlackRock makes strategic, minority investment in SpiderRock Advisors - BlackRock and SpiderRock Advisors have entered into a strategic venture to expand access for wealth firms and financial advisors to professionally managed, options-based separately managed account strategies. This venture builds on BlackRock's position as a market leader in personalized SMAs, including the recent acquisition of Aperio. Adding access to the capabilities of SpiderRock Advisors will offer wealth management firms and financial advisors more tools to deliver tax-efficient, personalized portfolios and risk management solutions. As part of the strategic venture, BlackRock will make a minority investment in SpiderRock Advisors. SpiderRock Advisors is a leading provider of customized options strategies in the U.S. wealth market and manages approximately $2.5B in client assets as of March 31.The firm's strategies are available through all of the major RIA custodians and are focused on risk management and yield enhancement for diversified portfolios as well as concentrated stock positions. BlackRock's market leaders and consultants in U.S. Wealth Advisory will serve as the primary distribution and marketing team in introducing SpiderRock Advisors' advisory services and strategies to wealth firms and financial advisors.
JUPW

Hot Stocks

09:13 EDT Jupiter Wellness initiates JW-100 lotion head-to-head trial - Jupiter Wellness announced a head-to-head trial comparing JW-100 lotion with Eucrisa crisaborole ointment 2% for the treatment of patients with mild to moderate eczema. Eucrisa is an FDA-approved topical non-steroidal lotion containing crisaborole approved for the treatment of mild to moderate eczema. JW-100 is a novel non-steroidal topical lotion containing cannabidiol and Aspertame for the treatment of mild to moderate eczema. The head-to-head clinical trial which will evaluate superiority between JW-100 and Eucrisa in adult patients with mild-to-moderate eczema will be performed in collaboration with Applied Biology who has developed the protocols and will co-ordinate the multi-center trial. The Phase III multi-center trial will be a double-blinded placebo controlled trial.
EXPI

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09:13 EDT eXp World Holdings expands real estate operations into Panama - eXp World Holdings has expanded into Panama, under the eXp Panama banner. eXp now operates in 17 countries and territories with more than 59,000 agents across the globe. eXp offers real estate agents a unique cloud-based work platform and a particularly attractive commission model, which includes company equity. The agile and universally attractive model has allowed eXp to spread rapidly across the globe, opening five new countries in 2020, and seven new markets in the first half of 2021. eXp Realty's worldwide expansion is being led by Michael Valdes, President of eXp Global and an international real estate veteran with experience opening markets around the world.
CTHR JPM

Hot Stocks

09:10 EDT Charles & Colvard announces new strategic relationship with JPMorgan Chase Bank - Charles & Colvard (CTHR) announced its new strategic commercial banking relationship with JPMorgan (JPM) Chase Bank, which includes entering into a $5M credit facility, executed July 12 following the termination of the Company's prior credit facility with White Oak Commercial Finance, effective July 9. This broad-ranging banking relationship provides a foundation for the Company to solidify its financial objectives and a basis to expand its financial capabilities going forward.
DCT

Hot Stocks

09:09 EDT RedZone joins Duck Creek Partner Ecosystem - Duck Creek Technologies announced that it has expanded its Partner Ecosystem program through a new relationship with RedZone, provider of a wildfire hazard identification solution that enables users to identify not only the wildfire risk for a location, but also understand the detailed drivers behind the risk. Duck Creek users can now access RedZone's API to quickly get site-specific wildfire scores and insights.
CLRB

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09:09 EDT Cellectar Biosciences expands ongoing collaboration with IntoCell - Cellectar Biosciences announced that it has expanded its ongoing collaboration with IntoCell. The parties have been collaborating on combining IntoCell's validated novel Ortho-Hydroxy Protected Aryl Sulfate linker chemistry with Cellectar's validated novel targeting platform, phospholipid ethers to develop new PDCs. IntoCell's platform significantly enhances the utility of traditional antibody drug conjugate linkers by customizing the entire linker to a specific project. The collaboration has exceeded the necessary preclinical results to warrant further development and the initiation of Investigational New Drug enabling studies with multiple payloads. Cellectar will have the right to globally develop and commercialize any OHPAS containing PDC.
MIDD WBT

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09:08 EDT Middleby will not increase offer to acquire Welbilt, entitled to $110M fee - Middleby (MIDD) announced that, under the terms of its previously announced merger agreement with Welbilt (WBT), it will not exercise its right to propose any modifications to the terms of the merger agreement and will allow the five-day match period to expire. Middleby expects that the merger agreement will terminate at the end of the match period. "We believe that the previously agreed terms of the Merger Agreement between Middleby and Welbilt offered significant long-term strategic value to the Welbilt shareholders through the ability to participate in substantial upside opportunity from Middleby's continued growth, while remaining attractive to our existing Middleby shareholders," said Timothy FitzGerald, CEO of Middleby. "As we considered our options over the course of the match period, we concluded to deploy our substantial financial resources wisely. We are excited about the momentum of our business and future prospects of our three industry leading foodservice platforms. As a seasoned acquirer, we remain disciplined and committed to ensuring the best outcome for our Middleby shareholders." In accordance with the terms of the merger agreement, Middleby will be entitled to a termination fee of $110M to be paid by Welbilt simultaneously with the termination of the merger agreement. "The additional cash infusion Middleby stands to receive upon termination will put us in an even better position to execute on our existing M&A growth strategy, as we continue to build upon our long-standing track record of value-creating deals," added FitzGerald. Middleby has completed over 20 acquisitions since 2018 alone, with a history of successfully integrating businesses and realizing significant synergies at the acquired companies.
BHIL

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09:08 EDT Benson Hill exceeds target of contracted acres of its soybean varities - Benson Hill announced that it has exceeded its previous target of doubling contracted acres of its proprietary soybean varieties. The Company has now contracted with partner farmers in the U.S. to grow 70,000 acres in the 2021 crop year versus 30,000 acres in the 2020 crop year, representing approximately 133% year-over-year growth. These proprietary non-GMO soybean varieties are bred by Benson Hill to be higher in protein, have benefits of omega-9 fatty acids and low anti-nutrients. This year's crop plans include the first commercial plantings of Benson Hill's Ultra-High Protein soybeans, intended for the human food ingredients market. The Company forecasts substantial Ingredients segment growth, which can help fuel the growing plant-based meat substitute market.
DTGI

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09:08 EDT Digerati Technologies achieves 'Built for NetSuite' status - Digerati Technologies announced that its operating subsidiary T3 Communications has achieved the 'Built for NetSuite' status. The SuiteApp, built using Oracle NetSuite's SuiteCloud Platform helps organizations to seamlessly pass CRM data between users' cloud communication system and NetSuite to increase productivity and improve information accuracy.
TGEN

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09:07 EDT Tecogen receives multiple chiller order for cannabis cultivation facility - Tecogen is pleased to announce an order for two 300-ton Tecochill chillers for an indoor cannabis cultivation facility in Massachusetts. This order brings the total installed capacity of Tecochill chillers sold to cannabis cultivation facilities to 10,850 tons. The chillers are expected to be serviced out of Tecogen's Waltham service headquarters. Indoor cultivation facilities require constant temperature and humidity control for optimal plant growth. Maintaining consistent environmental conditions every day of the year is paramount, making reliability and dependability important factors when selecting equipment.
MSI

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09:06 EDT Motorola Solutions to buy cloud-based mobile access control provider Openpath - Motorola Solutions announced it has entered into a definitive agreement to acquire Openpath Security a cloud-based mobile access control provider. Motorola Solutions expects to close the transaction by the end of the month. Terms of the transaction were not disclosed. "Securing businesses around the world has never been more critical," said Greg Brown, chairman and CEO, Motorola Solutions. "This acquisition enables us to combine the power of video security and access control together, providing unprecedented situational awareness, where every physical entry and exit is authenticated and recorded with access control and video."
ANGI

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09:06 EDT Angi launches new membership service - Angi is launching 'Angi Key,' a new membership service to help homeowners unlock home maintenance, improvement and emergency repair. Angi Key members receive discounts on hundreds of common household projects, as well as the ability to browse, schedule and buy home services just as simply as ordering take out, getting a ride or buying a product online.
IMAC

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09:05 EDT IMAC announces initiation of second cohort of Phase 1 clinical study - IMAC announces it has initiated the second cohort of its Phase 1 clinical trial for its investigational compound utilizing umbilical cord-derived allogenic mesenchymal stem cells for the treatment of bradykinesia due to Parkinson's disease. The Phase 1 clinical trial, consisting of a 15-patient dose escalation safety and tolerability study, is being conducted at IMAC Regeneration Centers in Chesterfield, Missouri, Paducah, Kentucky, and Brentwood, Tennessee. The trial is divided into three groups: five patients with bradykinesia due to Parkinson's disease received a low dose, intravenous infusion of stem cells which was completed February 26, five patients will receive a medium dose intravenous infusion, and five patients will receive a high dose intravenous infusion.
FNB HBMD

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09:05 EDT F.N.B. to acquire Howard Bancorp in all-stock transaction for $21.96 per share - F.N.B. (FNB) and Howard Bancorp (HBMD) announced the signing of a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at $21.96 per share, or a fully diluted market value of approximately $418M, based upon the closing stock price of FNB as of Monday, July 12. Howard, based in Baltimore, Maryland, had approximately $2.6B in total assets, $2B in total deposits and $1.9B in total loans and leases at March 31 and operates 13 full-service banking offices in Baltimore and the greater Washington, D.C., area. Following the proposed merger with Howard, on a pro-forma basis, FNB will have approximately $41B in total assets, $32B in deposits and $27B in total loans. Under the terms of the merger agreement, which has been unanimously approved by the boards of directors of both companies, stockholders of Howard will be entitled to receive 1.8 shares of FNB common stock for each share of Howard common stock they own. The exchange ratio is fixed, and the transaction is expected to qualify as a tax-free exchange for Howard's stockholders. Simultaneously with the parent company merger, Howard Bank will merge with and into FNB's subsidiary, First National Bank of Pennsylvania. FNB expects the merger to be 4% accretive to earnings per share with fully phased-in cost savings on a GAAP basis and expects the merger to enhance FNB's profitability metrics. Additionally, FNB anticipates the tangible book value per common share impact to be minimal and expects the CET1 ratio to remain unchanged on a pro forma basis at closing. FNB and Howard expect to complete the transaction and integration in early 2022 after satisfaction of customary closing conditions, including regulatory approvals and the approval of Howard's stockholders.
VZ MA

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09:05 EDT Verizon Business, MasterCard enter strategic partnership for 5G - Verizon Business (VZ) and Mastercard (MA) announced a strategic partnership expected to drive transformational solutions for the global payments and commerce ecosystem. From contactless shopping and autonomous checkout technology to Cloud Point of Sale solutions, Mastercard and Verizon Business will collaborate to deliver scalable innovations that drive the industry forward and create new experiences for consumers and businesses alike. Verizon and Mastercard will work closely to unlock Internet of Things sensor connectivity with near real-time edge computing to power the fintech, payments and banking industries, in addition to working to arm SMBs with hyper-automated and immersive commerce experiences. At Mastercard's New York City Tech Hub, located in the Flatiron District, Mastercard and Verizon will test and embed 5G to accelerate the pace of innovation and collaboration. Together, Mastercard and Verizon plan to explore 5G and Mobile Edge Computing technology and use cases, while also enhancing the overall experience for Mastercard employees.
FNB HBMD

Hot Stocks

09:05 EDT F.N.B. to acquire Howard Bancorp in all-stock transaction valued at $21.96/share - F.N.B. (FNB) and Howard Bancorp (HBMD) announced the signing of a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at $21.96 per share, or a fully diluted market value of approximately $418M, based upon the closing stock price of FNB as of Monday, July 12. Following the proposed merger with Howard, on a pro-forma basis, FNB will have approximately $41B in total assets, $32B in deposits and $27B in total loans. Under the terms of the merger agreement, which has been unanimously approved by the Boards of Directors of both companies, stockholders of Howard will be entitled to receive 1.8 shares of FNB common stock for each share of Howard common stock they own. The exchange ratio is fixed, and the transaction is expected to qualify as a tax-free exchange for Howard's stockholders. Simultaneously with the parent company merger, Howard Bank will merge with and into FNB's subsidiary, First National Bank of Pennsylvania. FNB expects the merger to be 4% accretive to earnings per share with fully phased-in cost savings on a GAAP basis and expects the merger to enhance FNB's profitability metrics. Additionally, FNB anticipates the tangible book value per common share impact to be minimal and expects the CET1 ratio to remain unchanged on a pro forma basis at closing. FNB and Howard expect to complete the transaction and integration in early 2022 after satisfaction of customary closing conditions, including regulatory approvals and the approval of Howard's stockholders.
ABCL

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09:04 EDT AbCellera announces Neil Berkley as Chief Business Officer - AbCellera announced that Neil Berkley has been appointed as Chief Business Officer. Berkley's role will include leading the strategy and continued growth of AbCellera's partnership business, which currently includes a diverse portfolio of more than 100 programs with drug developers of all sizes. "Neil brings a wealth of business development experience that will be instrumental as we continue to execute our long-term strategy of using partnerships to accelerate the development of antibody therapeutics for a wide array of diseases," said Carl Hansen, Ph.D., CEO of AbCellera. "We are excited to welcome Neil to the team and look forward to his leadership in expanding our commercial reach across the globe."
CROX WMT

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09:04 EDT Crocs files lawsuits against twenty one companies for trademarks infringements - Crocs (CROX) announced that it has filed lawsuits against 21 companies alleging infringements of its registered trademarks. The lawsuits, filed in various U.S. District Courts around the country, seek monetary damages for violations of certain intellectual property relating to Crocs' three-dimensional trademark rights. The defendants named in the lawsuits include: Cape Robbin; Bijora, d/b/a Akira; Dr. Leonard's Healthcare d/b/a/ Carol Wright; Crocsky; Fujian Huayuan Well Import and Export Trade; Fullbeauty Brands d/b/a Kingsize; Hawkins Footwear, Sports, Military & Dixie Store; Hobibear Shoes and Clothing; Hobby Lobby Stores; Ink Tee; La Modish Boutique; Legend Footwear, d/b/a Wild Diva; Loeffler Randall; Maxhouse Rise; PW Shoes, a/k/a P&W; Royal Deluxe Accessories, Shoe-Nami, Star Bay Group; Walmart (WMT), Yoki Fashion International; Quanzhou ZhengDe Network, d/b/a Amoji; and 718Closeouts. "These actions underscore our determination to take forceful steps to protect our trademarks and other intellectual property," said Daniel Hart, Executive Vice President and Chief Legal & Risk Officer at Crocs. "It is essential that we protect Crocs' iconic DNA, and we will not tolerate the infringement of our rights or those who try to freeride on the investments we have made in our brand."
MIDD WBT

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09:03 EDT Middleby won't increase Welbilt offer, will allow merger agreement to terminate
ARRY HON

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09:03 EDT Array Technologies appoints Ken Stacherski as SVP, operations - Array Technologies (ARRY) announced that Ken Stacherski has been named Senior Vice President of Operations. In this role, Stacherski will oversee Array's global integrated supply chain strategy including raw material procurement, supply agreements, and manufacturing operations. He joins Array from Honeywell's (HON) aerospace division, where he most recently served as Vice President of Integrated Supply Chain.
HBMD FNB

Hot Stocks

09:02 EDT F.N.B. to acquire Howard Bancorp in all-stock transaction valued at $21.96/share
IMMP

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08:56 EDT Immutep looks to raise $5M via a Share Purchase Plan - In addition, Immutep is seeking to raise a further ~$5 million from eligible shareholders via a Share Purchase Plan, which closes on Monday, 19th July 2021 at 5pm.
PEP

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08:56 EDT PepsiCo expects e-commerce to be 'preferred' way of shopping going forward - Says will continue to invest in e-commerce. Says "home as a hub" is a trend that is here to stay. Says consumers moving toward healthier choices in beverage and snacks and company well-positioned to take advantage of that trend.
IMMP

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08:55 EDT Immutep reports cash balance of $60.59M as of June 30 - Cash receipts from customers for the quarter was $10k, compared to $59k in Q3 of FY 2021. The net cash used in G&A activities in the quarter was $409k compared to $242k in Q3. The increase compared with last quarter is mainly related to capital raising related activities. The net cash used in Research and Development activities in the quarter was $5.45 million, compared to $1.74 million in Q3. The significant increase is mainly due to the payment of upfront costs for the TACTI-003 clinical trial in Q4. Cash flow used in R&D activities for FY2021 was $12.47 million compared to $19.87 million for FY 2020. The decline of cash used in R&D activities in FY 2021 compared with FY 2020 is mainly due to the declining AIPAC expenses since patients in the AIPAC Phase IIb clinical trial have completed the treatment and moved into the follow-up phase and due to more material expenses related to the Phase IIb TACTI-003 clinical trial only starting to become payable during Q4 FY 2021. Total net cash outflows used in operating activities in the quarter was $5.71 million. In comparison, total net cash outflows from operating activities in Q3 was $3.05 million. Immutep received a A$1,155,055 cash rebate from the Australian Federal Government's R&D tax incentive program during the quarter. In June 2021, Immutep secured commitments for $60 million via a two-tranche institutional placement which was supported by multiple institutional investors in Australia and offshore. The Company's cash and cash equivalent balance as at 30 June 2021 was $60.59 million compared to a balance of $51.7 million as at 31 March 2021. This includes $13.7m from the first tranche of the institutional placement and $605k from the exercise of US warrants over American Depository Shares. A further $46.3 million will be raised from the second tranche of the placement conditional on shareholder approval at the Company's Extraordinary General Meeting on 26 July 2021.
HBMD

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08:55 EDT Howard Bancorp trading halted, news pending
IMMP

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08:54 EDT Immutep granted three new patents during Q4 - Immutep was granted three new patents during the quarter, further expanding the company's global patent estate. The European Patent Office granted a patent directed to combination therapy with leramilimab, Immutep's IMP701 antibody which is out-licensed to Novartis AG, and also a new divisional patent for efti in combination with a PD-1 or PD-L1 inhibitor. In addition, the Chinese Patent Office granted a new patent for efti in combination with chemotherapy, building on corresponding Australian, European, Japanese and United States patents.
IMMP

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08:54 EDT Immutep says licensing, collaboration partnerships continue to progress - Immutep's licensing and collaboration partnerships with Labcorp, GSK, Novartis, EOC Pharma and CYTLIMIC continue to progress.
IMMP

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08:53 EDT Immutep continues to work on GMP manufacturing preparations for IMP761 - Immutep continues to work on GMP manufacturing preparations for IMP761 and is planning for toxicology studies and other pre-clinical evaluations. In addition, under a collaboration project commenced in 2019 with Cardiff University, Immutep has advanced the discovery and development of a potential new generation of small molecule anti-LAG-3 therapies. The project aims to make an oral treatment available to cancer patients and at a lower cost compared with the current anti-LAG-3 antibodies being developed by several other companies.
IMMP

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08:52 EDT Immutep says randomised portion of EAT COVID study is progressing - The randomised portion of the investigator-initiated EAT COVID study is progressing at the University Hospital Pilsen in the Czech Republic. It is evaluating efti in up to 110 hospitalised patients with COVID-19.
IMMP

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08:52 EDT Immutep expects to enroll first patient for INSIGHT-003 trial in Q3 - INSIGHT-003 is a new stratum in up to 20 patients with various solid tumours, also referred to as Stratum C. This is Immutep's first evaluation of efti in a triple combination therapy of efti, chemotherapy and anti-PD-1 therapy. All regulatory and ethical approvals have already been received, enabling patient recruitment to commence. The first patient is expected to be enrolled in Q3 of calendar year 2021, with first interim results expected in 2022. The results of INSIGHT-003 are expected to inform a potential Phase II evaluating efti as part of a triple combination therapy along with an anti-PD-1 therapy and a chemotherapy, potentially in NSCLC.
IMMP...

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08:51 EDT Immutep expects to enroll first patient for INSIGHT-005 trial in 2H21 - Immutep signed a collaboration and supply agreement with Merck KGaA, Darmstadt, Germany for a new stratum in 12 patients with solid tumours, known as Stratum E or INSIGHT-005. The trial will be run as an amendment to the protocol of the ongoing INSIGHT trial as the fifth arm and will evaluate efti in combination with Merck KGaA's and GlaxoSmithKline's bintrafusp alfa. The first patient is expected to be enrolled in H2 of calendar year 2021.
NCMI

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08:51 EDT National CineMedia and Harena Data in esports advertising, monetization pact - National CineMedia and Harena Data, an esports community aggregator, have entered in to an exclusive esports advertising and content monetization agreement to capitalize on the esports industry and cultural phenomenon. As part of the new deal, NCM will have the exclusive right to sell advertising across Harena Data's ad-supported esports content and events in the United States, including in movie theaters, on streaming media, and in place-based locations such as bars, restaurants, and family entertainment venues. NCM will also work with Harena Data to develop content licensing deals and create new spheres of distribution for its esports content and gaming events. "Joining forces with Harena Data gives us a unique opportunity to develop the esports concept and create compelling consumer experiences both across our NCM theater network and beyond the big screen in other complementary venues and mediums," said Scott Felenstein, President, Sales, Marketing & Partnerships with National CineMedia. "For brands, esports attracts a young demographic that is just like our core moviegoing audience, with extremely high levels of engagement. As it has grown from a niche advertising strategy to the mainstream, we believe esports will be appealing to brands that continue to try to find new ways to connect with cord-cutting, experience-driven Gen Z consumers. I'm excited to be able to add esports to our compelling mix of cinema, Digital, and DOOH offerings to help advertisers engage movie fans anytime and anywhere."
IMMP

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08:50 EDT Immutep expects to report further TACTI-002 data in 2021/early 2022 - At ASCO 2021, Immutep reported updated interim results from TACTI-002 showing the combination therapy of efti and pembrolizumab demonstrates a very favourable overall response rate together with very encouraging duration and depth of response in 1st line non-small cell lung cancer and 2nd line HNSCC. Tumor responses were seen in all PD-L1 subgroups, including in low PD-L1 expressing patients which are typically less responsive to anti-PD-1 therapy. Importantly, the combination therapy continues to be safe and well tolerated. Recruitment continues for the additional 74 1st NSCLC patients for the expansion of Part A, with 33 patients already enrolled and for Stage 2 of Part B, which has 8 patients now enrolled. Recruitment is tracking better than projected for the expansion cohort of Part A and as originally projected for Stage 2 of Part B. Immutep expects to report further interim data for TACTI-002 in calendar year 2021 or early calendar year 2022.
CNDT

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08:49 EDT Conduent announces Digital Mailroom, a digital solution to manage corporate mail - Conduent announced Digital Mailroom, a solution developed during the pandemic to manage incoming corporate mail for companies that are moving to either consolidate satellite mailrooms and/or establish virtual mailrooms. The technology ensures mail delivery to the specified recipients locally or around the globe, while reducing costs and enhancing business agility and continuity. Many companies often process upwards of 10,000 pieces of mail per month.
IMMP

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08:48 EDT Immutep expects to start patient enrollment in TACTI-003 study in this quarter - Immutep received Fast Track designation in 1st line recurrent or metastatic head and neck squamous cell carcinoma from the United States Food and Drug Administration in April 2021. This opens the potential for expedited development and review of efti in 1st line HNSCC with the FDA. Following the close of the quarter, Immutep completed the necessary regulatory steps with the US FDA and obtained institutional review board approval in the US to commence the TACTI-003 trial. Patient recruitment is expected to begin in this quarter.
JPM

Hot Stocks

08:48 EDT JPMorgan expects M&A activity, IPOs to remain active going forward
BIG...

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08:48 EDT Big Lots appoints Gurmeet Singh as CTO - Big Lots (BIG) announced that Gurmeet Singh has been appointed Executive Vice President, CTO of Big Lots, effective July 12. Singh succeeds Stew Wenerstrom, who will be officially retiring in October following a transition period. Singh will report directly to Bruce Thorn, President and CEO of Big Lots. Singh, who received a Ph.D. in Engineering from Rice University, has more than 30 years of experience in information technology. Most recently, Mr. Singh was the Group Chief Digital Officer at the Al Futtaim Group in Dubai, leading all technology, data and digital efforts for the conglomerate. Previously he served as Executive Vice President, Chief Digital, Information and Marketing Officer at 7-Eleven Inc. and prior to that held similar roles at CapitalOne, Intuit (INTU) and FedEx (FDX). Singh has been recognized by industry peers with a number of awards, including the 2019 Retail Tech Innovator award.
IMMP

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08:47 EDT Immutep expects to report OS data from AIPAC Phase IIb trial in 2H21 - The trial is on track to report final overall survival data in H2 of calendar year 2021. Immutep previously reported OS data from approximately 60% of events in Dec 2020.
JPM

Hot Stocks

08:47 EDT JPMorgan sees FY21 expenses $71B, an increase from prior guidance
PEP SBUX

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08:47 EDT PepsiCo says will be pricing to offset inflation - Expects cost pressures later in year. Says has "high assurance" of hitting FY21 guidance. Says "confident" on marketplace performance and resilience of categories. Says partnership with Starbucks (SBUX) "stronger than ever." Says making "good progress" with recent acquisitions. Says "no change" to M&A, capital allocation strategy.
DDD

Hot Stocks

08:47 EDT 3D Systems introduces first material for long-term use for parts made with SLA - 3D Systems announced the availability of a breakthrough production-grade acrylate resin - Accura AMX Rigid Black. Designed for use with the company's stereolithography, or SLA, technology, this tough material is the first to produce large-scale additively manufactured parts with exceptional resolution, accuracy, and surface quality capable of withstanding the rigors of long-term mechanical use. "We're excited to bring this game-changing material to market," said Dr. Edwin Hortelano, senior vice president, materials engineering & development, 3D Systems. "As part of our strategy to invest in and continue to add innovative products to our SLA material portfolio, the introduction of Accura AMX Rigid Black is poised to address a variety of new production applications with additive manufacturing... This is just the first of many planned breakthrough additions to 3D Systems' portfolio of production-grade industrial SLA resins." General availability of Accura AMX Rigid Black is planned for July 20, 2021.
JPM

Hot Stocks

08:47 EDT JPMorgan still sees FY NII $52.5B, but says forecasting NII 'challenging'
IMMP

Hot Stocks

08:47 EDT Immutep CEO says company 'entered new phase' in past quarter - Immutep provides an update on the ongoing development of its product candidates, eftilagimod alpha and IMP761 for the quarter ended 30 June 2021. "In the past quarter Immutep has entered a new phase as a biotech company at the forefront of the LAG-3 immunotherapeutic landscape. We are now advancing the development of efti in multiple different cancers and have the ongoing support of large pharma collaboration partners, including MSD and Merck Germany, for many of our trials. We have begun planning for our new Phase III study in metastatic breast cancer which, if positive, could provide us with registration data and have a number of new and ongoing other trials progressing at pace. Manufacturing scale up of efti to potential commercial quantities is progressing well," said Marc Voigt, CEO of Immutep. "All of this company activity is taking place in an exciting LAG-3 landscape where the interaction between MHC class II and LAG-3 has just recently been validated as a therapeutic mechanism for regulating the body's immune system to fight cancer. With more LAG-3 related programs under development than any other biotech or pharma in the space, we are very excited about the future," he concluded.
ALOT EADSY

Hot Stocks

08:46 EDT AstroNova gets Tier 1 supplier status for Airbus for flight deck printers - AstroNova (ALOT), announced that it has been qualified as a Tier 1 supplier by Airbus(EADSY) for the A320 Family of commercial aircraft. The designation enables AstroNova to supply its flight deck printers directly to Airbus rather than through a third party. Prior to becoming a Tier 1 supplier to Airbus, AstroNova supplied its flight deck printers to Airbus via a third-party supply agreement. The agreement has been in place since 2017, when AstroNova acquired an exclusive worldwide license from Honeywell International, to manufacture its PTA-45B narrow-format cockpit data printer for the A320 portfolio. "Qualification as a Tier 1 supplier for the A320 is a significant accomplishment for AstroNova and our Aerospace business unit," said Gregory A. Woods, AstroNova's President and Chief Executive Officer. "Direct-supplier status means that we have achieved all of Airbus' stringent qualification standards across four areas: engineering, manufacturing, aftermarket support and program management. Joining the direct Airbus supplier network is a further testament to the quality and high level of performance AstroNova has attained as a growing global aerospace supplier." Through its Aerospace business unit, AstroNova produces a range of airborne printers and networking systems for commercial, business jet and military aircraft. In addition to Airbus, AstroNova is qualified as a Tier 1 supplier by most of the world's leading airframe manufacturers including Boeing, Embraer, Dassault Aviation, ATR, Lockheed and Gulfstream.
DXR

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08:46 EDT Daxor announces publication on blood volume analysis on ACC topics - Daxor announces an expert analysis titled, "Anemia and Heart Failure: Guidance for Clinicians and Trialists'' published July 6, 2021 in the American College of Cardiology online clinical topics section. The authors focus on detecting and addressing anemia in heart failure patients, a common and often unrecognized condition causing increased length of hospitalization and worsening outcomes. The document specifically states, "every attempt should be made to measure and know total blood volume" and cites outcome studies that identify total blood volume via Daxor's unique blood volume analysis technology. The analysis additionally emphasizes the importance of direct measurement of a patient's red blood cell volume, also citing supporting references of research papers and clinical trials applying blood volume measurements using Daxor's BVA-100 Blood Volume Analyzer. The authors state that "... connecting the current gaps in awareness of anemia prevalence in heart failure patients, the impact of current anemia diagnostics, and the potential for therapeutics to be more precisely targeted to improve safety and outcomes, it becomes clearer to us that there is some missing link-and it just may be how we think about what anemia represents and the priority we place on its measurement, management, and treatment." In addition to its current FDA-cleared BVA-100 blood test, Daxor is developing next-generation testing platforms under multiple contract awards with the U.S. Department of Defense and support from the National Institutes of Health, slated for release in 2022.
GBTC BTC

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08:45 EDT BNY Mellon selected by Grayscale Investments as asset provider - Grayscale Investments announced that it has selected BNY Mellon as an asset servicing provider for Grayscale Bitcoin Trust, the flagship product of Grayscale Investments. Through this agreement, BNY Mellon will provide Grayscale Bitcoin Trust with fund accounting and administration effective October 1. Additionally, it is anticipated that BNY Mellon will provide transfer agency and ETF Services for the Grayscale Bitcoin Trust upon its conversion to an ETF. The announcement reinforces Grayscale's commitment to converting Grayscale Bitcoin Trust into an ETF in accordance with the firm's strategic product pipeline.
BLIN

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08:44 EDT Bridgeline Digital signs 3-year contract with government agency in Singapore - Bridgeline Digital announced that a government agency in Singapore has signed a 3-year agreement with Hawksearch to improve its digital experience. As the main tax administrator to the government, the agency collects taxes that account for about 70% of the government's operating revenue. Now that the agency and its partners are building a new website, they decided they needed Hawksearch to provide relevant and personalized search for all site visitors.
YTEN

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08:43 EDT Yield10 Bioscience begins 2021 field test, seed scale up program - Yield10 Bioscience announced it has completed planting of its 2021 Field Test and Seed Scale Up program at all contracted sites in the United States, Canada, and Argentina. Yield10's 2021 Field Test program is designed to test several varieties of elite Camelina, as well as seed yield and oil content traits. In addition, Yield10 has contracted with a seed company for scale up of three Camelina varieties to enable larger scale plantings in 2022. With increasing focus on Camelina products, Yield10 is completing initial field testing of a promising CRISPR-edited trait which has shown up to a 4% increase in seed oil content plus a positive impact on seed yield in canola. Yield10 expects that harvest of seeds across the field tests will be completed in third quarter 2021, and that data will be received starting in fourth quarter 2021. Yield10 2021 Field Test and Seed Scale Up Program Summary: Elite Camelina Germplasm: Yield10 is evaluating over 20 base germplasm lines including wildtype, doubled haploid, herbicide tolerant and disease resistant varieties at more than 10 sites across the U.S., Canada, and Argentina. Yield10 is also conducting a multi-acre scale up of a doubled haploid Camelina line and a disease resistant Camelina line in the U.S. under a collaboration with a seed company. Camelina/CRISPR E3902: Yield10 is conducting a multi-acre scale up of CRISPR genome edited trait E3902 in the U.S., as E3902 has demonstrated consistent increases in oil content in the field over the previous two growing seasons. USDA-APHIS does not consider this line to be regulated pursuant to 7 CFR part 340. Camelina/C3014 and C3015: Yield10 is scaling up its two best PHA Camelina lines at sites in the U.S. and Canada. Yield10 designed traits C3014 and C3015 to produce PHA bioplastic as a third seed product in Camelina. Results of field tests in 2020 achieved a proof-of-concept milestone for a plant-based route of production for PHA. Canola/CRISPR: Yield10 is evaluating canola lines with a CRISPR genome-edited trait which has shown an increase in oil content in canola. In recent greenhouse studies, this trait has resulted in a 4% increase in seed oil production plus increased seed yield. This trait is being tested in the U.S. with a seed company. USDA-APHIS does not consider this line to be regulated pursuant to 7 CFR part 340. Camelina/Novel Yield Traits: Yield10 will test additional novel performance traits generated using the Company's GRAIN platform in the 2021 Field Test program at sites in the U.S. and Canada. During these field tests, Yield10 is monitoring key agronomic and growth parameters of the plants throughout the growth period. Yield10 also plans to evaluate seed yield, oil content, PHA content, and/or other parameters of the traits as appropriate after seed harvest. The field tests are designed to generate data on the performance of the novel traits under field conditions, and to advance the development of the traits toward commercialization. The seed scale up program is designed to generate field-grown seed for subsequent field studies as well as to build seed inventory to enable planting at increasing scale. In addition, seed from the program may be used to produce meal, oil, and PHA for customer sampling and other business development purposes.
GBOX

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08:42 EDT GreenBox announces closing of ChargeSavvy acquisition - GreenBox announced the closing of its previously announced acquisition of ChargeSavvy, a financial technology company specializing in retail payment processing and POS systems. The acquisition is immediately accretive and adds over $3M in net income to Q3 2021 financial results as opposed to Q2. ChargeSavvy's equity partners have been retained to continue operating the subsidiary as it continues to grow. During the due diligence period, the two companies have already worked through personnel, operational, and customer onboarding integration challenges. "The ChargeSavvy acquisition brings tremendous value to GreenBox and its shareholders and we are excited to close the transaction," said Fredi Nisan, Chief Executive Officer of GreenBox POS. "Their substantial book of processing volume and rapid growth adds to our own quickly expanding client base. ChargeSavvy's point-of-sale system and fraud protection technology are a natural complement to our blockchain infrastructure and stablecoin technology. GreenBox will continue to look for attractively priced opportunities to expand our processing volume, improve our underlying technology, and drive long-term value for our shareholders."
PRG

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08:40 EDT PROG Holdings acquires BNPL company Four Technologies, no terms - PROG Holdings and Vive Financial, "a provider of omnichannel second-look revolving credit solutions," announced the acquisition of Four Technologies, the creator of Four, an innovative Buy Now, Pay Later platform that allows shoppers to pay for merchandise through four interest-free installments. Four's proprietary platform capabilities and its rapidly growing base of customers and retailers expand PROG Holdings' ecosystem of fintech offerings by introducing a payment solution that is quickly growing in the global marketplace. Shoppers use Four to purchase furniture, clothing, electronics, health and beauty, footwear, jewelry, and other consumer goods from retailers across the United States. Terms of the transaction were not disclosed. PROG Holdings expects to discuss the transaction in more detail during its call to discuss its financial results for the second quarter of 2021 on Thursday, July 29. The Company does not anticipate updating its 2021 outlook in connection with the acquisition.
JPM

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08:40 EDT JPMorgan: Charge-offs trending near historic lows
JPM

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08:40 EDT JPMorgan: Credit 'quite healthy,' trends make firm optimistic for future - Consumers continue to pay credit cards at "unusually high rate," JPMorgan said. Comments taken from Q2 earnings conference call.
PAYA

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08:40 EDT Paya Holdings, RECUR360 announce strategic partnership - Paya has announced a strategic partnership with RECUR360, a cloud-based software and automation solution provider which offers recurring payment, invoicing, and collection capabilities across a number of B2B verticals. Through the partnership, RECUR360 will offer its clients enhanced capabilities and support for integrated card and ACH while also tapping into new, underserved markets such as wholesalers, distributors, and field service providers. "With this strategic partnership, RECUR360 will offer its customers increased efficiency throughout the end-to-end payments process while also offering an enhanced user experience," said Jeff Hack, Paya's CEO. "The partnership also provides Paya with further opportunities to serve B2B-focused software clients within the field services industry, where our integrated payments capabilities can offer a major value proposition."
MGPI

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08:39 EDT MGP announces appointment of David Bratcher as Chief Operating Officer - MGP Ingredients announce that David Bratcher has been appointed as Chief Operating Officer. Bratcher recently joined MGP as President, Brands in connection with MGP's acquisition of Luxco and its affiliated companies, a leading branded beverage alcohol company.
AFCG

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08:39 EDT AFC Gamma reports $77.8M in gross funding for the quarter - AFC Gamma announced certain business updates relating to its quarter ended June 30, 2021. AFC Gamma's CEO Leonard Tannenbaum, stated, "The achievements we are announcing today are a direct reflection of our team's thorough and carefully planned strategy to capitalize on the significant opportunities that exist in the expanding cannabis sector. Entering the second half of 2021, we are well positioned as a leader in the cannabis lending space, focused on providing competitive financing products to our clients and delivering consistent returns to our shareholders." AFC Gamma is pleased to report that for the quarter ended June 30, 2021, the company's gross funding was $77.8 million and its net funding, taking into account loan repayments and amortization, was $64.9 million. AFC Gamma closed on total new commitments of $71.3 million during the quarter. AFC Gamma has been added to the Russell 2000 Index following its annual reconstitution, effective June 28, 2021. Part of FTSE Russell, a global provider of analytics and data solutions with multi-asset capabilities, the Russell 2000 Index serves as a leading benchmark for institutional investors. AFC Gamma has been assigned an investment grade rating of BBB- by Egan-Jones Ratings Company, a Nationally Recognized Statistical Rating Organization and a recognized Credit Rating Provider by the National Association of Insurance Commissioners.
MBRX

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08:38 EDT Moleculin Biotech receives approval for amendment in Annamycin trial - Moleculin Biotech announced that it has received approval from the Bioethics Committee of the Medical University of Karol Marcinkiewicz in Poznan as well as an allowance from the Polish Department of Registration of Medicinal Products, or URPL, for a protocol amendment for its Phase 1/2 evaluating Annamycin for the treatment of subjects with acute myeloid leukemia, or AML, that is refractory to or relapsed after induction therapy. Annamycin is the Company's next-generation anthracycline that has demonstrated a lack of cardiotoxicity in recently conducted human clinical trials for the treatment of AML. The Phase 1/2 AML trial in Poland remains ongoing and is currently dosing patients at 240 mg/m2. Under the previous protocol transient elevated liver enzymes observed in two patients were considered a dose limiting toxicity, or DLT, which investigators believe would inappropriately limit the potential for continued dose escalation. The amendment to the Annamycin clinical trial protocol allows for a change in the DLT criteria as it relates to transient grade 3 elevations and allows dosing of three additional patients in the 240 mg/m2 cohort.
GTH

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08:38 EDT Genetron receives CE Mark for 8-gene lung cancer assay - Genetron announced that it has received CE Mark for its 8-gene Lung Cancer Assay. Separately, the Company also reported comparative data showing the sensitivity performance of the Genetron SARS-CoV-2 RNA Test. The CE Mark represents the second regulatory milestone for 8-gene Lung Cancer Assay, as it is already approved by China's NMPA and is being commercialized in China. With the One-Step Seq technology, the library construction process is finished in one step of reaction, minimizing manual operation to one mixture of reagents with DNA/cDNA. The assay is compatible with the Genetron S5 sequencing platform, and together they offer a two-day turnaround time from sample to report. The 8-gene Lung Cancer Assay covers mutations of EGFR, BRAF, KRAS, HER2 and PIK3CA, translocations of ALK and ROS1, and MET exon 14 skipping, and 7 of these genes are recommended biomarkers by the 2018 NCCN guideline for Non-Small Cell Lung Cancer patients. Separately, the Company also reported comparative performance data of its SARS-CoV-2 RNA Test based on a SARS-CoV-2 reference panel established by the U.S. Food and Drug Administration. The goal of the reference panel is to allow for a more precise comparison of the analytical performance of different molecular in vitro diagnostic assays intended to detect SARS-CoV-2. Results from the blind testing of this panel showed that the sensitivity or limit of detection of Genetron's SARS-CoV-2 RNA Test was 1,800 NDU/mL, which was the best among all domestic companies in China in the same category, and also fared well compared to global companies.
PRU

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08:37 EDT Prudential unit PGIM to acquire Montana Capital Partners - PGIM, the global investment management business of Prudential Financial, has signed a definitive agreement to acquire Montana Capital Partners, a European-based private equity secondaries asset manager. The closing of the transaction is subject to receipt of all regulatory approvals. Upon closing, expected in Q3, MCP will join PGIM's multi-manager structure under the oversight of Eric Adler, president and chief executive officer of PGIM Real Estate. MCP's co-founders Dr. Christian Diller and Dr. Marco Wulff will continue to manage the business and serve as co-chief executive officers. Bringing together the benefits of global scale and deep asset-class expertise across public and private markets, PGIM seeds, develops, and manages a broad range of liquid and alternative strategies for some of the largest institutional investors globally. The acquisition of MCP significantly enhances PGIM's existing alternatives offering, which is currently $253Bn in assets under management in strategies across PGIM Fixed Income, PGIM Real Estate, PGIM Private Capital, Jennison Associates and QMAW.
LPLA

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08:37 EDT LPL Financial publishes midyear outlook 2021 - LPL Financial announced that the firm's "Midyear Outlook 2021" is now available in an interactive digital version and as a downloadable PDF. The report contains investment insights and market guidance from LPL Financial's 29-person Research team, which currently has approximately $60 billion in assets under management. Key insights and forecasts discussed in the Midyear Outlook 2021 report include: Economy: Speeding Up. The country has reopened and we believe there is still plenty of momentum to extend above-average growth into 2022. LPL researchers forecast 6.25 to 6.75 percent U.S. gross domestic product growth in 2021, which would be the best year in decades. Policy: Taking a Back Seat. The economy was supported through the pandemic by more than $5 trillion in stimulus measures and extraordinary support by the Federal Reserve. Policy will take a back seat in 2021 as private-sector growth replaces stimulus checks. Stocks: Gaining Ground. Economic improvement should continue to support S&P 500 Index earnings, which had a stunning first quarter. While valuations remain somewhat elevated, LPL Research thinks they look reasonable after considering still low interest rates and earnings growth potential. Bonds: Safety Features. Inflationary pressure and economic improvement may put additional upward pressure on the 10-year U.S. Treasury yield. LPL Research anticipates the 10-year yield finishing 2021 in the range of 1.75 to 2 percent.
ANGI IAC

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08:36 EDT Youredi announces collaboration with Handy - Youredi announces today a new collaboration with Handy. Leveraging Youredi's vast experience in harmonizing supply chain and logistics messaging, Handy can tackle EDI to API connectivity challenges. Youredi will enable automation and scaling for Handy when connecting targeted retailers for specific processes.
ACVA

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08:35 EDT ACV Auctions acquires Max Digital in a $60M transaction - ACV announced its acquisition of MAX Digital, a pioneer in automotive data and merchandising products and best known for its flagship inventory management system, or IMS, platform FirstLook. The transaction is valued at $60M. MAX Digital's SaaS-based software products enable dealers to accurately price wholesale and retail inventory while maximizing profit on each vehicle sold by leveraging predictive analytics informed by machine learning. This acquisition allows ACV to expand its suite of digital capabilities to offer new inventory and pricing guidance, merchandising and sales enablement tools that will help dealers run their businesses more efficiently and profitably. Former CEO Robert Granados will lead this independent business unit within ACV. MAX Digital tools are all cloud-based and can integrate easily with existing Dealer Management Systems, DMS, allowing for seamless dealer set-up. ACV expects that the transaction will be neutral to its Adjusted EBITDA in 2021. Management plans to update investor guidance as part of its Q2 earnings release.
SFE

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08:35 EDT Safeguard Scientifics says Mediaocean to acquire Flashtalking - Safeguard Scientifics announced that Flashtalking signed a definitive agreement to be acquired by Mediaocean. The combined entity will leverage Flashtalking's best-in-class solutions for primary ad serving, creative personalization, identity management, and verification with Mediaocean's mission-critical platform for omnichannel advertising used by the world's leading brands and agencies. The transaction is expected to close in the third quarter of 2021. Upon closing, Safeguard expects to receive approximately $43 million of cash proceeds. Terms of the transaction were not disclosed.
BVS

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08:34 EDT Bioventus launches OSTEOAMP SELECT Flowable nationwide - Bioventus is launching OSTEOAMP SELECT Flowable, a flowable allograft bone graft substitute solution developed for a variety of patient procedures including lumbar spine fusion, cervical spine fusion and foot & ankle fusion. OSTEOAMP SELECT Flowable is 100% allograft with no synthetic carrier added, yet still based on the OSTEOAMP process designed to retain a wide array of essential growth factors. "Spine, trauma and foot & ankle surgeons are looking for allograft options that handle well for a variety of procedures," said Dr. Larry Boyd, Vice President, Product Development, Bioventus. "Developed by our team in collaboration with our tissue bank partner, OSTEOAMP SELECT Flowable comes ready-to-use, and is designed to be delivered in a range of methods, and to provide excellent retention characteristics at the grafting site. It is terminally sterilized and processed using advanced procedures designed to comply with the highest standards for tissue banking, including comprehensive donor screening and extensive microbiological testing."
VIRT

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08:32 EDT Virtu Financial announces changes to US POSIT alternative trading system - Virtu Financial announced that Virtu's US POSIT alternative trading system will make changes to its manner of operation, including new matching rules and the introduction of subscriber segmentation. The changes to POSIT ATS include: Price/size/time order priority; Price improvement is given to the liquidity provider; Subscribers will be segmented into three tiers: Neutral, Move Towards and Move Away using a markout methodology that employs long time horizons; All subscribers will have the option to opt out of interacting with either the Move Towards or Move Away segments on an individual order basis. Additionally, POSIT ATS will undergo a technological rebuild through the rest of the year in order to enhance overall system performance for POSIT ATS subscribers.
TROW

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08:32 EDT T. Rowe Price reports preliminary AUM $1.62T at June 30 - Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.8B in June, and $9.2B for the quarter-ended June 30. This brings total client transfers for the year-to-date period ended June 30, to $14.8B. These client transfers include $0.6B, $5.9B and $10.8B, respectively, transferred to the target-date retirement trusts during the June, second quarter, and year-to-date periods.
EBIX

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08:32 EDT Ebix partners with DTCC to deliver automated annuity compliance solutions - The Depository Trust & Clearing announced that it is partnering with Ebix to deliver an automated annuity compliance solution to significantly increase efficiency, reduce costs, and lower the risks associated with certifying agent compliance for annuity sales. Under this partnership, the firms will link Ebix's platform, AnnuityNet, with DTCC's Producer Management Portal. DTCC is collaborating with Ebix to provide their AnnuityNet platform users access to PMP's automated training certification process, allowing carriers and distributors to seamlessly share, track, and verify producer training completions on a single platform and as mandated by the National Association of Insurance Commissioners. Ebix will send real-time messages to DTCC's PMP platform as annuity orders are entered to ensure the agent has completed producer product training and licensing requirements. This automated process eliminates the reliance on manual touchpoints, including the need for broker dealers to review spreadsheets or paper documents to determine whether agents have the proper training and licenses.
BZLYF HSBC

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08:31 EDT Beazley appoints Troy Dehmann as COO - Beazley (BZLYF) has appointed Troy Dehmann as COO with immediate effect.. Most recently he was Global COO for Finance Operations and Core Finance at HSBC (HSBC). Troy also joins Beazley's executive committee and will be based in London. His appointment follows the move by Ian Fantozzi, former COO, to lead Beazley's recently established digital business unit.
VLON

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08:30 EDT Vallon Pharmaceuticals announces issuance of European Patent for ADAIR - Vallon Pharmaceuticals announced that the European Patent Office has issued patent number EP3576719B1 covering ADAIR1, the company's proprietary abuse-deterrent formulation of immediate-release dextroamphetamine. ADAIR is being developed for Europe and the UK through a license and collaboration agreement with MEDICE Arzneimittel Putter GmbH. Under the terms of the agreement, Vallon will receive development and sales milestone payments and double-digit sales-based royalty payments. The issuance of this Composition of Matter and Method of Use patent provides additional protection as MEDICE works towards the potential commercialization of ADAIR in the European Union and United Kingdom. In the US, the Company continues to develop ADAIR, leveraging the 505b2 regulatory pathway. The Company is currently conducting a pivotal intranasal abuse study, the SEAL Study, in recreational drug abusers. The new European patent covers composition of matter and method of use for ADAIR, with a base patent term extending until 2038. The design and development of an abuse-deterrent formulation involves the balance of limiting the potential for manipulation and abuse while maintaining acceptable dissolution rates and bioavailability. ADAIR was previously granted two patents in the United States with a base patent term extending until 2037, excluding patent term extensions.
RSVR ROCC

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08:30 EDT Reservoir signs Rufio Hooks to worldwide publishing deal - Reservoir (RSVR) announces the signing of artist, songwriter, and producer Rufio Hooks to a worldwide publishing deal. The deal includes Rufio's current global hit co-write "Butter" by the hugely successful K-Pop group BTS, plus future works. This news comes following the announcement that Reservoir has entered into an agreement with Roth CH II (ROCC), a special purpose acquisition company, taking the first step toward becoming a publicly traded company listed on the Nasdaq.
ALPMY

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08:28 EDT Astellas Pharma, ExCellThera enter license for use of UM171 - ExCellThera announced that it has entered into a licensing agreement with Astellas Pharma Inc. through its US subsidiary, Astellas Institute for Regenerative Medicine, for the in vitro use of the UM171 compound and certain other molecules in the field of pluripotent stem cells and PSC-derived cells. Under the terms of the exclusive license agreement, Astellas will pay ExCellThera an upfront payment, future contingent payments and manufacturing and supply fees for the licensed molecules.
VYNT

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08:27 EDT Vyant Bio announces issuance of patent by the USPTO - Vyant Bio announced that its wholly-owned subsidiary, StemoniX, was issued US Patent No. 11054408, titled "High Throughput Optical Assay of Human Mixed Cell Population Spheroids" by the United States Patent and Trademark Office, or USPTO. The patent covers an approach to applying human-induced Pluripotent Stem Cells as a powerful tool to illuminate the biology of complex human cell types such as those of the central nervous system. The patent also covers the use of 3D co-cultures of cortical neurons and astrocytes displaying spontaneous, rhythmic, and highly-synchronized neural activity that can be visualized as calcium oscillations on standard, high-throughput fluorescent readers as a platform for CNS-based discovery efforts. The issuance of the 11054408 patent is the third patent granted to StemoniX: additional applications are currently pending worldwide. "We believe that drug discovery needs to progressively evolve given the traditional methods and models for predicting safe and effective drugs have under-performed, as evidenced by the billions of dollars and years of time it takes to bring novel drugs to market. The issuance of this patent continues to provide us with increasing focus for our business on converging an impactful approach to drug discovery with data science and biology-driven technologies at the core with engineering disciplines and regulatory expertise," said Jay Roberts, Chief Executive Officer.
PEP

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08:25 EDT PepsiCo says 'very pleased' with performance of all brands - Says large brands "growing nicely." Says portfolio "working very well." Says gaining market share as a consequence of investments made in recent years. Says snack business "solid," and continues to grow at a "high level." Says seeing inflation across many inputs, but feel comfortable in navigating the challenges. Comments taken from Q2 earnings conference call.
BTX

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08:25 EDT Brooklyn ImmunoTherapeutics appoints Jay Sial as Chief Administrative Officer - Brooklyn ImmunoTherapeutics announced the appointment of Jay Sial as its Chief Administrative Officer, effective July 15. Prior to joining Brooklyn, Sial served as Chief Financial Officer at Aspen Neurosciences, a privately-held emerging biotechnology company.
CERT OYST

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08:23 EDT Certara announces new Chief Human Resources Officer - Certara (CERT) announced that it has appointed Nicolette Sherman to the position of Chief Human Resources Officer. Sherman joins Certara with extensive experience in the biopharmaceutical industry, leading HR strategy and implementing programs to drive business impact. Most recently, Sherman was CHRO at Oyster Point Pharma (OYST), where she developed the human resources function of the newly public biotech company, establishing the infrastructure needed to support commercialization.
ABIO

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08:22 EDT ARCA Biopharma provides update on ASPEN-COVID-19 Phase 2b clinical trial - ARCA biopharma provided an update on ASPEN-COVID-19, the Phase 2b clinical trial evaluating rNAPc2 as a potential treatment for patients hospitalized with COVID-19. ARCA has received approval from regulatory authorities in Argentina and Brazil to enroll patients in ASPEN-COVID-19. The trial is currently enrolling patients at seven investigative sites in the United States. The Company anticipates enrolling the first South American patients in July 2021. Trial target enrollment is being increased from 100 to 160 patients in order to maximize the sample size for determining if there are differences in the two rNAPc2 dose regimens being investigated, to minimize variance in the standard of care heparin control arm, in recognition of the study now being conducted in different geographic regions and to account for evolving changes in the clinical course of COVID-19. To date, 77 patients have been enrolled in the trial. The Company also updated its guidance and now anticipates topline data from this international Phase 2b clinical trial in the fourth quarter of 2021. ASPEN-COVID-19 is a Phase 2b randomized, multi-center, international clinical trial evaluating two dose regimens of rNAPc2 versus heparin in approximately 160 hospitalized SARS-CoV-2 positive patients that also have an elevated D-dimer level. The primary endpoint of the trial is the change in D-dimer level from baseline to Day 8 relative to standard of care heparin. Other objectives of Phase 2b are to assess safety and determine the optimal dose regimen of rNAPc2 for Phase 3. D-dimer is a biomarker commonly used for assessing coagulation activation, which is elevated in approximately 50% of hospitalized COVID-19 patients and is directly associated with adverse clinical outcomes.
NFE

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08:21 EDT New Fortress Energy signs MOU with Lakdhanavi to develop 350 MW power plant - New Fortress Energy announced that it has signed a memorandum of understanding, or MOU, with Lakdhanavi, a private company in Sri Lanka, to jointly develop a 350 MW gas-fired power plant in the Kerawalapitiya Power Complex located in Colombo, Sri Lanka. LTL was previously awarded a 20-year power purchase agreement, or PPA, with the Government of Sri Lanka through a competitive tender to provide electricity to the national grid. The MOU is non-binding on the parties, and actual terms of any future definitive agreements may differ from the terms of the MOU.
HEPA

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08:21 EDT Hepion announces all primary endpoints achieved in Phase 2a AMBITION trial - Hepion Pharmaceuticals announced positive topline results from its Phase 2a 'AMBITION' NASH clinical trial. All primary endpoints of the trial were met. AMBITION was a Phase 2a randomized, multi-center, placebo controlled, single-blind trial designed to investigate once daily oral administration of CRV431 at doses of 75 mg and 225 mg administered as soft gelatin capsules to presumed F2 and F3 NASH subjects for 28 days, followed by a 14-day observation period for safety. The primary outcome measure of the AMBITION trial was the incidence of safety and tolerability events of CRV431 versus placebo. CRV431 at both study doses was well tolerated, and there were no serious adverse events, and the few adverse events observed were mostly mild and unrelated to study drug. In the AMBITION trial, CRV431 blood concentrations after oral dosing of either 75 mg or 225 mg once daily were in the anticipated effective range for NASH treatment. The drug reached maximum concentrations within two hours after dosing with an effective half-life of approximately 30 hours, which supports once daily dosing. It has been reported in recent literature that reductions in serum alanine aminotransferase may be used as a surrogate measure for histologic improvement in NASH. The AMBITION trial did not include liver biopsies, however early indications of efficacy in the form of ALT reductions were observed with both CRV431 dosing cohorts. The percent ALT change from baseline to Day 28 numerically demonstrated a CRV431 versus placebo dose-response. These declines were statistically significant from placebo when CRV431 doses were pooled. Area-under-the ALT-Curve for ALT changes, which has been useful in evaluating the magnitude of effect for clinical laboratory measurements of transaminases in NASH, was also calculated. As set out in the table below, CRV431 demonstrated decreasing ALT AUCs with increasing dose, indicating a positive dose-response. In addition, the 225 mg cohort ALT AUC was statistically different from the placebo group AUC.
BNGO

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08:20 EDT Bionano Genomics's optical genome mapping featured at ECA - Bionano Genomics announced that optical genome mapping was extensively featured across a wide range of talks and posters at the 2021 European Cytogenomics Conference, or ECA, as a solution for genomic analysis in leukemia and genetic disease compared to traditional techniques. Some of the presented benefits in the system included: 100% concordance vs. traditional assay techniques for pediatric leukemias; 60% of these cases revealed new clinically relevant information with OGM; Detected variants important for prognosis stratification and treatment; Identified new fusion genes with Bionano's OGM for pediatric leukemias; OGM successfully predicted the most severe prognosis for CLL; OGM provided additional insights in 45% of cases; Incremental findings for OGM were all orthogonally confirmed; Improved prognostic performance relative to standard techniques; Improvement to patient treatment and prognostic accuracy for ALL; and more. At the ECA, there were nine talks and posters featuring OGM presented online from July 3 - 5, 2021 during this virtual event.
QRTEA

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08:19 EDT Qurate Retail announces David Rawlinson II as next CEO - Qurate Retail announced that David Rawlinson II will assume the role of president and CEO effective October 1. He will succeed Mike George after a two-month transition period, beginning August 1, during which time David will serve as president and CEO-elect. Prior to joining NielsenIQ as CEO, David was president of Grainger Global Online. From October 1 until his retirement at year-end, Mike will serve as a senior advisor to Qurate Retail to assist in transitional matters. Effective January 1, 2022, and concurrently with Mike's retirement from the board, David will join the board. Qurate Retail had announced in November 2020 that Mike George would be retiring from the company at the end of 2021, allowing ample time for transition planning and an executive search process.
SGRP

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08:17 EDT SPAR Group announces three new executive appointments - SPAR Group announced key executive appointments that further strengthen its executive team and support the company's global expansion. Ron Lutz was appointed Chief Global Commercial Officer and William Linnane was appointed Chief Strategy and Growth Officer. In addition, Kori Belzer has been named Global Chief Operating Officer with expanded responsibilities over global operations and results. Ron Lutz has built a 35-year executive career guiding Fortune 100 companies and private organizations in the retail customer experience space. Most recently, Ron was consulting as an international strategic retail advisor. SPAR Japan, Canada and the U.S. business development team will report to Lutz. William Linnane is an internationally experienced business, merchandising, retail, and finance leader with more than 20 years of relevant leadership experience. He was recently the CEO of an advisory and investment firm focused on M&A and retail restructurings. SPAR Group's Chief Information Officer, Divisional Vice President of Great Openings and Senior Vice President, Operations and Assembly will report to Linnane. Kori Belzer joined SPAR Group in 1992 and has served as Chief Operating Officers since 2004. In her expanded role as Global Chief Operating Officer, Belzer will assume responsibility for working with the leaders of all of the countries to develop global synergies and operating efficiencies that can improve individual country performance, as well as the overall enterprise results.
CYTR

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08:16 EDT CytRx in securities purchase pact for $10M with healthcare-focused investor - CytRxy announced that it has entered into a securities purchase agreement with a single healthcare-focused institutional investor for aggregate gross proceeds of approximately $10M. Under the terms of the Purchase Agreement, CytRx has agreed to sell 2,000,000 shares of its common stock at a purchase price of 88c per share for total gross proceeds of approximately $1.76M in a registered direct offering and 8,240 shares of Series C 10.00% Convertible Preferred Stock at a purchase price of $1,000 per share for total gross proceeds of approximately $8.24M in a concurrent private placement. The shares of the Preferred Stock will be convertible, upon shareholder approval as described below, into an aggregate of up to 9,363,637 shares of common stock at a conversion price of $88c per share. The Preferred Stock includes beneficial ownership limitations that preclude conversion that would result in the Investor owning in excess of 9.99% of the Company's outstanding shares of common stock. CytRx will also issue to the Investor an unregistered preferred investment option that allows for the purchase of up to 11,363,637 shares of common stock for additional gross proceeds of approximately $10M if the Investment Option is exercised in full. The exercise price for the Investment Option is 88c per share. The Investment Option shall have a term equal to five and one-half years commencing upon the Company increasing its authorized common stock following shareholder approval.
HOTH

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08:16 EDT Hoth Therapeutics announces results from in vivo acne therapeutic model - Hoth Therapeutics announced that its HT-003 group of assets has yielded positive results in an in vivo acne therapeutic model. The model showed that HT-003 reduces the expression of toll-like receptor 2, or TLR2, one of the most critical pathways for acne pathophysiology. The study also showed that HT-003 reduces the expression of numerous cytokines critical for acne pathophysiology that are also relevant therapeutic markers for other inflammatory-driven skin diseases. HT-003 is a group of retinoic acid metabolism blocking agents, or RAMBA, which are novel agents that prevent the breakdown of retinoic acid. Retinoic acid acts as an anti-inflammatory agent in the body.
VVOS

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08:16 EDT Vivos Therapeutics announces results from national study on airway function - Vivos Therapeutics announced results from a national study commissioned by the Company to assess patients' airway function and OSA symptoms after undergoing the Vivos treatment. In the study, 28 percent of the 74 adult patients treated with the Company's FDA Class 1 DNA appliance for certain orofacial anomalies reported no remaining OSA symptoms, which is defined as patients having an Apnea Hypopnea Index score of less than five post-treatment. This real world patient data was gathered from multiple sites and has been submitted to the U.S. Food and Drug Administration to be used as part of the Company's process for obtaining 510k clearance for the DNA appliance to treat mild-to-moderate OSA. Patients who experienced little to no OSA symptoms may no longer require CPAP, neuro-stimulation, or other lifetime interventions. Other company case studies suggest potential long-term stability in the outcomes, although a clinical trial will be required to confirm whether or not these changes remain stable. Most importantly, these AHI findings were recorded with no oral appliance in place during sleep tests. Typically, when sleep tests are performed to evaluate the impact of OSA treatment, they are conducted with the treatment modality in place-whether it is CPAP, oral appliances, or neuro-stimulation implants. Since treatment with the DNA appliance is typically complete after just 12-24 months, patients' post-treatment sleep tests are performed and evaluated in the patient's natural state, unaided by any device. Eighty-two percent of the patients in the study showed some improvement in AHI scores, with 64 percent improving by at least one full category, such as moderate to mild OSA. In 15 percent of patients, AHI scores worsened, and in 4 percent of patients there was no change. Average treatment time with the Company's Class 1 DNA appliance for certain orofacial anomalies was just 14 months. Not all of the patients in the study had completed treatment at the time this data was collected and a small percentage of patients required additional cosmetic orthodontia.
DCO

Hot Stocks

08:14 EDT Ducommun recognized as Airbus D2P, awarded multi-year contract on A320, A330 - Ducommun Incorporated announced that it has been recognized as an Airbus Detail Parts Partner and awarded a long-term, five-year contract to provide a Titanium work package for key products on the A320 and A330 programs. The significant Airbus contract extends through 2026. The scope of the agreement is to provide a Titanium package to Airbus for products on multiple programs, including the versatile A320 family of single-aisle aircraft and the A330 wide-body platform. The work will be performed at Ducommun's world-class engineering and manufacturing performance centers.
BIOYF

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08:13 EDT Biosyent signs exclusive technology agreement - BioSyent is pleased to announce that its subsidiary, BioSyent Pharma Inc., has signed an agreement to license a unique technology application to support better treatment outcomes for patients with iron deficiencies in Canada and BioSyent's international markets.
OPRT

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08:12 EDT Oportun Financial expands secured personal loans product to Florida - Oportun Financial announced that it is expanding its secured personal loan product to the state of Florida. Oportun's secured personal loans were previously only available in the state of California. The expansion of the secured personal loan product to Florida is part of the company's commitment to developing new financial products and services that further its mission of financial inclusion for people who have been traditionally left out of the financial mainstream.
XPER

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08:12 EDT Xperi unit TiVo in licensing agreement with Horizon Media - TiVo, a wholly-owned subsidiary of Xperi Holding announced that it has entered into a licensing agreement with Horizon Media, the largest U.S. media agency according to AdAge Data Center, to access TiVo's TV viewership data. TiVo's data provides a foundational ingredient to Horizon's data stack to support client investments, driving improved outcomes in cross-platform media planning, buying, digital retargeting, and measurement. Horizon Media is the leading media agency taking steps to integrate TiVo's raw data into strategic client initiatives at both the content and commercial levels. The agreement enables Horizon and its affiliates, Canvas Worldwide, Horizon Big, Horizon Media Limited Partnership ; Night Market Horizons, horizon next; and 305 Worldwide, to leverage the power of TiVo's TV viewership data. "As the industry faces new challenges that accompany increased demand for viewership data, this agreement with TiVo will help us to maintain our position as an innovative marketing and advertising leader," said Laura McElhinney, Horizon Media's Chief Data Officer.
EAR

Hot Stocks

08:12 EDT Eargo launches Eargo 5 hearing aid with Sound Match techology - Eargo is announcing the launch of Eargo 5, the company's most advanced hearing aid to date, on Tuesday, July 13th. Eargo 5 is Eargo's fifth generation device and is a medical-grade, FDA Class II exempt hearing device designed to be customizable by the user to their hearing preferences through all new Sound Match technology. Through Sound Match, Eargo 5 enables custom tuning with no clinic visits or waiting rooms. At a fraction of the price of traditional hearing aids, it also presents a real opportunity for the estimated 43 million Americans suffering from hearing loss to take full control of their hearing health.
EDSA

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08:12 EDT Edesa Biotech expands EB01 drug candidate study enrollment to Canada - Edesa Biotech announced that the company has expanded patient enrollment to Canada for the final part of a Phase 2b study evaluating its EB01 drug candidate as a monotherapy for chronic Allergic Contact Dermatitis, or ACD. The first part of the ACD study was conducted in the United States, where enrollment is ongoing.
AMED

Hot Stocks

08:11 EDT Amedisys to open Westchester County home health care center - Amedisys has closed on its acquisition of regulatory assets that allow the Company to conduct home health care operations in Westchester County, NY. Under the terms of the agreement, Amedisys acquires the right to operate certified home health care services in Westchester County, NY, and the New York Borough of the Bronx. Amedisys will open a start-up care center to serve patients in the newly acquired service area, which provides access to 375,000 Medicare enrollees and 165,000 Medicare Advantage enrollees.
TFFP

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08:10 EDT TFF Pharmaceuticals announces preliminary data from Phase 1 clinical trial - TFF Pharmaceuticals announced that the enrollment has been completed for the Phase 1 clinical trial for Tacrolimus Inhalation Powder. In the Single Ascending Dose phase of the trial, single doses of inhaled tacrolimus of 0.5 mg, 1.0 mg, 2.5 mg to 5.0 mg were administered to healthy subjects. Peak blood levels were measured 15 min after dosing, and trough blood levels were measured 12 hours after dosing for each subject. In the subjects that received inhaled tacrolimus in the low dose group, the mean trough blood levels reached 1.1 ng/mL, while blood levels in the highest dose group reached 10.0 ng/mL. In addition, when subjects received inhaled tacrolimus dosing at 2.5 mg while fasting or 30 minutes after a high fat meal, there were no significant differences in systemic exposure demonstrating that delivery by inhalation was not associated with food effects in this cohort of subjects. Furthermore, during the Multiple Ascending Dose phase, repeated dosing of inhaled tacrolimus every 12 hours over 7 days demonstrated that subjects receiving doses of 0.5 mg twice daily and 1.0 mg twice daily achieved 12-hour trough steady state blood levels that averaged 6.8 and 14.9 ng/mL, respectively. These data demonstrate that low dosing of Tacrolimus Inhalation Powder can achieve blood levels that are sufficient for efficacious immunosuppression. TFF Pharmaceuticals expects to report topline safety data in the third quarter of 2021 and believes the data will enable initiation of a clinical trial in lung transplant patients in the second half of 2021. In addition to leveraging its proprietary Thin Film Freezing technology platform to develop Inhaled Tacrolimus Power, TFF Pharmaceuticals is also developing two additional in-house programs: inhaled voriconazole for the treatment of pulmonary-based fungal infections, and inhaled niclosamide for the treatment of COVID-19 infections.
AIZ

Hot Stocks

08:08 EDT Assurant appoints Manny Becerra to chief innovation officer - Assurant announced that Manny Becerra has been appointed to the newly created role of chief innovation officer, effective immediately. Becerra will continue reporting to Keith W. Demmings, who was recently appointed President of Assurant and has been named to succeed Alan Colberg as the company's CEO in January. Biju Nair, who joined Assurant through its recent acquisition of HYLA Mobile, where he was CEO, will succeed Becerra as president of the company's global Connected Living business.
OLK

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08:07 EDT Olink enters into agreement with deCODE for access to Olink Explore platform - Olink Holding announced that deCODE genetics will have internal access to the Olink Explore 3072 platform, comprised of approximately 3,000 high quality protein assays with a Next Generation Sequencing read-out. Through an agreement between the two companies, deCODE genetics will be one of the first companies to adopt and internalize the new Explore 3072 proteomics platform and will act as an early testing site for its use. In doing so, deCODE and Olink will work together to optimize Olink's high throughput, high-quality proteomics to its population scale efforts of advancing modern healthcare. Olink intends to make the Olink Explore 3072 high quality protein assay platform broadly available in the fourth quarter of 2021.
TRVG

Hot Stocks

08:06 EDT Trivago launches series of experiences in partnership with Chelsea FC - ivago announced the launch of its year-long series of extraordinary experiences in partnership with Chelsea Football Club offered to travel and football fans alike via a free monthly online raffle. The exclusive giveaways are an integral part of trivago and Chelsea FC's multi-year partnership, which was announced in May 2021 and named trivago as the Club's Official Training Wear Partner. The monthly giveaways will vary in activities, including an expenses-paid trip to London. Winners will be put up in a London hotel while enjoying some of the best that London has to offer. Experiences can include admission to tourist attractions to private perks, spa treatments and dining experiences. All giveaways will include an experience with Chelsea FC, from match tickets with access to trivago's private box, to a tour of Stamford Bridge, the opportunity to attend training sessions at the training ground, or a meet-and-greet with the star players and head coach, and much more.
BTB

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08:06 EDT Bit Brother enters into LOI to acquire acquire 51% of Angelo's Pizza 1697 - Bit Brother announced it has entered into a non-binding letter of intent, or LOI, to acquire 51% of Angelo's Pizza 1697, 1279 1st Avenue, and 60th Street Restaurant. Angelo's Pizza has been around as a family-style boutique restaurant for 30 years, later pivoting to a chain restaurant for another 90 years. With a combined history of 120 years, Angelo's Pizza has accumulated a strong brand recognition and excellent customer reviews. Upon the completion of the acquisition, all three chain restaurants will begin to accept cryptocurrency as a form of payment. Under the terms of the LOI, the total consideration for 51% of equity interest in Angelo's Pizza is $12.5M, of which 50% shall be paid in cash and 50% shall be paid in the Company's ordinary shares. The parties agree to enter into a definitive agreement after due diligence is completed.
ADUS

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08:05 EDT Addus acquires certain assets of Armada Skilled Home Health for $29M - Addus HomeCare announced the signing of a definitive agreement to acquire Armada Skilled Home Health of New Mexico, Armada Hospice of New Mexico, and Armada Hospice of Santa Fe for a cash purchase price of approximately $29M. Based in Albuquerque, New Mexico, Armada currently serves an average daily census of approximately 1,100 patients for home health services and 100 patients for hospice care, with primary coverage across Bernalillo County and surrounding counties. Addus expects to close the transaction on or about August 1, following completion of all required regulatory approvals, subject to customary closing conditions. "Armada has annualized revenues of approximately $23M and we expect this transaction to be immediately accretive to our financial results," said Allison.
NVIV

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08:05 EDT InVivo Therapeutics accouches FDA acceptance of preclinical module - InVivo Therapeutics announced the acceptance by the FDA of its preclinical module, which is one of three individual modules required for the company's humanitarian device exemption , or HDE, application. Acceptance of the module indicates that FDA has completed its review of this module of the HDE and has no outstanding questions. Review of the remaining two HDE modules, when complete, will be required prior to a final approval decision. The preclinical module is the first module that the company has submitted for review to the FDA. The HDE submission will not be complete until the manufacturing and clinical modules are also submitted.
JCI

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08:05 EDT Johnson Controls launches Community College Partnership Program - Johnson Controls launched the Johnson Controls Community College Partnership Program. As part of the program, Johnson Controls will give $15M over the next five years to support academic programs at nonprofit community colleges. Starting in the 2021-2022 academic year, the program will endow a total of $1M to ten community colleges across the U.S. In addition to the funding, Johnson Controls employees will support the community colleges through volunteering and mentorships.
PALI

Hot Stocks

08:04 EDT Palisade Bio enters worldwide licensing agreement with University of California - Palisade Bio announced that it entered into an exclusive license with the Regents of the University of California, expanding its proprietary technology for detecting enzymatic protease activity in human clinical samples. Under the terms of this agreement, in combination with a related 2020 license from UC, the Company receives a worldwide exclusive license to patent rights covering certain engineered substrates and their use in measuring degradative enzymes for disease conditions, including cancer. This technology was originally developed in the laboratory of Dr. Michael Heller at University of California San Diego.
ASPU

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08:04 EDT Aspen Group names Matthew LaVay as CFO - Aspen Group announced the appointment of Matthew LaVay to its executive management team as Chief Financial Officer, effective August 16, 2021. LaVay most recently served as CFO of Amerit Fleet Solutions, a private equity-backed fleet services company serving 7 of the 10 largest fleets in the United States.
HON PINC

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08:04 EDT Honeywell and Premier announce commercial relationship - Honeywell (HON) and Premier (PINC) announced a new commercial relationship dedicated to expanding the domestic production of nitrile exam gloves. This new collaboration is expected to produce at least 750M domestically made nitrile exam gloves in the first year alone. Since the beginning of the COVID-19 pandemic, the supply of exam gloves has been constrained as global demand skyrocketed - exceeding production capacity by nearly 40%. Global raw material scarcity, port closures and delays, and increased glove usage as a result of increased hospitalization rates and vaccination efforts have exacerbated ongoing shortages. As a result, Premier member hospitals reported access to exam gloves as one of their greatest product-related challenges to care for patients, with many implementing glove conservation practices and other precautionary measures to protect supply. The financial terms of the collaboration were not disclosed and are not expected to materially impact either Honeywell or Premier.
SYF

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08:04 EDT Synchrony raises U.S. minimum hourly wage to $20 - Synchrony announced it will raise its minimum wage to $20 per hour for all hourly employees in the U.S. and Puerto Rico, effective in August. Synchrony's new hourly minimum wage of $20 will benefit more than 5,000 full- and part-time employees. The company also committed to fund its 2021 bonus program so that full-time hourly employees would be eligible for a $1,000 bonus.
CUBI

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08:04 EDT Customers Bancorp general counsel Michael DeTommaso to retire - Customers Bancorp announced that Andrew Sachs, an attorney with nearly 13 years of experience in the areas of securities and corporate law with a focus on advising companies and their boards on a variety of growth and expansion issues, has joined as executive VP, general counsel and corporate secretary. He replaces Michael DeTommaso, who is retiring from these roles. DeTommaso will remain with the bank as a senior legal advisor through year's end to assist with the transition. Sachs was a partner with Kilpatrick Townsend & Stockton LLP where he was an Investment Management Attorney focusing his practice on exchange traded funds, mutual funds, investment advisers, mergers and acquisitions, and securities prior to joining Customers Bancorp.
GLTO

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08:03 EDT Galecto resumes recruitment in Phase 2b global GALACTIC-1 trial of GB0139 - Galecto announced that it has resumed recruitment in its Phase 2b GALACTIC-1 trial of GB0139 for the treatment of Idiopathic Pulmonary Fibrosis under a revised protocol that was submitted to the U.S. Food and Drug Administration and other regulatory bodies, including those in Australia, Germany, Spain and the United Kingdom. Following the recommendation from an independent Data Safety Monitoring Board in March 2021 to modify the GALACTIC-1 trial protocol, 38 patients continued treatment in this Phase 2b trial. Under the revised protocol, Galecto is now recruiting additional patients who are not taking nintedanib or pirfenidone at screening, who will be randomized 2:1 to receive either GB0139 3 mg or placebo. GALACTIC-1 is a 52-week randomized, double-blind, multicenter, parallel, placebo-controlled Phase 2b trial being conducted across more than 100 centers globally, investigating the safety and efficacy of Galecto's lead inhaled compound, GB0139, in up to 210 patients with IPF. The revised trial design retains the same statistical powering to assess the primary endpoint of forced vital capacity decline over 52 weeks. Galecto anticipates that topline data from the GALACTIC-1 trial will be available by mid-2023.
NUWE

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08:03 EDT AMA issues new CPT code for Nuwellis Aquadex Ultrafiltration - In an effort to increase the availability of life-saving ultrafiltration therapy to people experiencing fluid overload, the American Medical Association has issued a new Category III Current Procedural Terminology code, 0692T for Therapeutic Ultrafiltration. The new CPT code will come into effect on January 1, 2022, at which time providers can utilize the code when using Aquadex to deliver ultrafiltration to adults and children. Aquadex is developed and marketed by Nuwellis. A specific code for ultrafiltration was granted after a thorough review and validation that the technology met the criteria for a Category III CPT code. The CPT codes created and maintained by the AMA CPT Editorial Panel are widely used by third party payers including Medicare, Medicaid and commercial health plans. The approved Therapeutic Ultrafiltration Category III CPT code will be in effect for at least five years.
RCAT

Hot Stocks

08:03 EDT Red Cat to acquire Teal Drones in an all-stock transaction - Red Cat announced that it has signed a definitive agreement to acquire Teal Drones, "a leader in commercial and government unmanned aerial vehicle technology." The all-stock transaction will add Teal Drones to Red Cat's portfolio and strengthen the group's spectrum of offerings across North America.
MITQ

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08:02 EDT Moving iMage announces closing of initial public offering - Moving iMage Technologies announced the closing of its upsized underwritten public offering of 4,830,000 shares of its common stock, including the full exercise by the underwriter's option to purchase up to 630,000 additional shares of common stock, at a price to the public of $3.00 per share. Total gross proceeds to the Company from the offering, before deducting underwriting discounts and commissions and other offering expenses, were approximately $14.5 million. The shares sold in the offering began trading on the NYSE American under the symbol "MITQ" on July 8, 2021. The Company expects to use the net proceeds of the offering to fund the expansion of its sales and marketing activities, with the balance added to working capital, which may include the funding of strategic acquisitions. The Company has not yet identified any acquisition candidates.
BALY

Hot Stocks

08:02 EDT Bally's acquires Association of Volleyball Professionals organization - Bally's announced that it has acquired the Association of Volleyball Professionals, or AVP, the premier professional beach volleyball organization and host of the longest-running domestic beach volleyball tour in the U.S. The acquisition represents the latest step in Bally's ongoing omni-channel growth and diversification strategy, providing a significant opportunity for the Company to gamify and incorporate interactive content into beach volleyball, which, in turn, will drive traffic to Bally's platforms and promote customer acquisition. Under the terms of the transaction, Bally's acquired all of AVP's assets, including trademarks, AVP America promoter agreements and associated recurring membership revenue, digital photo and video assets, and all proprietary tournament and league management software. Bally's plans to leverage AVP's distribution channels, as well as the Sinclair-owned "Bally Sports" Regional Sports Networks, or RSNs, to increase consumer engagement with, and awareness of, the league. The AVP will kick off its 2021 AVP Pro Tour in Atlanta, Georgia, on August 13-15. The AVP is planning to resume a full season beginning in 2022.
IMCC TGODF

Hot Stocks

08:01 EDT IM Cannabis provides update on Germany operations, supply agreements - IM Cannabis (IMCC) provided a business, legal and regulatory update on its operations in Germany. The company's EU GMP-certified German subsidiary, Adjupharm, has entered into two new medical cannabis supply agreements that will broaden its product portfolio and provide a greater base from which to distribute medical cannabis across the EU. During the initial two-year term of the company's supply agreement with Green Organic Dutchman (TGODF), Adjupharm will add TGOD's organic strains to Adjupharm's portfolio, ordering a minimum of 300 kg in the first year and a 400 kg minimum in the second year, subject to appropriate regulatory approvals. Under the TGOD Agreement, TGOD will supply medical cannabis for an Adjupharm-exclusive strain to be launched in Germany later this year. During the initial three-year term of this agreement with Natural MedCo and together with the TGOD agreement, Adjupharm will order up to 660 kg of NMC's EU-GMP-certified medical cannabis strains. These strains will be new offerings in the German market. Adjupharm has an option under the NMC agreement to increase the quantity of medical cannabis to be supplied and to include additional strains. Adjupharm expects the NMC products delivered under the NMC Agreement to launch in Germany in the second half of 2021.Adjupharm has binding sales agreements with distribution partners, reaching over 6,000 pharmacies, to support its growing product portfolio for the German market and positioning it as one of the only German distributors with a curated product portfolio of premium, high-THC, high-CBD and balanced strains, some of which are exclusive. All strains adhere to stringent pharmaceutical standards for import into Germany.
PYCFF

Hot Stocks

07:53 EDT Mount Logan Capital announces minority investment in Crown Private Credit - Mount Logan Capital announced that it has acquired a minority stake in Crown Private Credit Partners, a Canadian alternative corporate financing business that was partially divested from Crown Capital Partners. In addition to CCPI, other minority shareholders of CPCP include Canadian Western Bank, Concentra Bank, and the management team of CPCP. CPCP has assumed management of CCPI's flagship private debt fund, Crown Capital Partner Funding, which is in the realization stage of its investing lifecycle. As of June 30, 2021, the Fund had a net asset value of approximately C$190 million and has generated gross returns since inception of approximately 15%. CPCP will deploy capital on behalf of its shareholders as well as raise new third-party funds focused on lending to successful mid-market Canadian enterprises. CPCP will serve as a strategic partner for Mount Logan to expand the Company's reach in the growing Canadian private credit market. Management of CPCP will include Chris Johnson as Managing Director and Chair of the Board of Directors and Brent Hughes and Tim Oldfield as Managing Directors. Mr. Hughes and Mr. Oldfield will fully transition from CCPI to CPCP while Mr. Johnson will continue as the President and CEO of CCPI.
MT

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07:50 EDT ArcelorMittal announces Sestao plant fo become zero carbon-emissions steel plant - ArcelorMittal announces that its Sestao plant in Spain will become the world's first full-scale zero carbon-emissions steel plant. The development is the result of a memorandum of understanding signed today with the Government of Spain that will see an investment of EUR1 billion in the construction of a green hydrogen direct reduced iron plant at its plant in Gijon, as well as a new hybrid electric arc furnace. By 2025, the Sestao plant - which manufactures a range of flat steel products for the automotive and construction sectors, and general industry - will produce 1.6 million tonnes of zero carbon-emissions steel by: Changing the metallic input by increasing the proportion of circular, recycled scrap, and using green hydrogen-produced DRI from Gijon in its two existing EAFs. Powering all steelmaking assets with renewable electricity. Introducing several key emerging technologies that will replace the small, remaining use of fossil fuel in the steelmaking process with carbon-neutral energy inputs, such as sustainable biomass or green hydrogen. Central to this development will be the construction of a 2.3 million-tonne green hydrogen DRI unit in Gijon. Around 1 million tonnes of DRI will be transported to Sestao to be used a feedstock for its two EAFs. The national and the Basque government's support in this project is crucial, firstly from a funding perspective, given the significant cost associated with the transition to carbon-neutral steelmaking. Secondly, because it will enable ArcelorMittal to have access to green hydrogen supplied through a consortium of companies that will cooperate in the construction of the infrastructure required in order to produce hydrogen in the Iberian Peninsula using solar-powered electrolysis and to transport it directly through a network of pipelines. The initiative involves the construction of multiple large-scale solar farms, with hydrogen produced in situ and with the corresponding impact in terms of employment. In addition to the investments in the DRI and EAF installations in Gijon, ArcelorMittal will invest EUR50 million in Sestao. This will fund the introduction of key emerging technologies required to bring the plant to zero carbon-emissions, supporting 1.6 million tonnes of production. Looking further ahead, the company has also committed to achieving net zero2 at the Sestao plant as soon as possible.
MT

Hot Stocks

07:48 EDT ArcelorMittal signs MOU with Spanish Government on decarbonisation technologies - ArcelorMittal has signed a memorandum of understanding with the Spanish Government that will see a EUR1 billion investment in decarbonisation technologies at ArcelorMittal Asturias' plant in Gijon. The investments will reduce CO2 emissions at ArcelorMittal's Spanish operations by up to 4.8 million tonnes, which represents approximately 50% of emissions, within the next five years.The MoU states the commitment of ArcelorMittal and the Government of Spain to transition towards a decarbonised steel industry. ArcelorMittal will introduce new manufacturing processes that contribute to a considerable reduction of CO2 emissions. It will also further intensify its R&D capabilities in Spain to support the new project and innovation requirements. The Government of Spain will promote reforms and investments to support the development and growth of a strong, more competitive and sustainable industrial sector, as well as endeavouring to provide maximum financial support for the project, in line with Spanish legislation and European Union regulations. Given the significant cost associated with the transition, in terms of both capex and opex, it is ArcelorMittal's expectation this support will cover at least half of the additional cost to enable its operations to remain competitive as it accelerates its decarbonisation program. At the heart of the plan is a 2.3 million-tonne green hydrogen direct reduced iron unit, complemented by a 1.1 million-tonne hybrid electric arc furnace. This starts the transition of the Gijon plant away from the blast furnace-basic oxygen furnace steelmaking production route to the DRI-EAF production route, which carries a significantly lower carbon footprint. The new DRI - which will be the first of its kind in Spain - and EAF will be in production before the end of 2025. To maximize the emissions reduction potential, ultimately green hydrogen will be used to reduce the iron ore in the DRI, with the EAF powered by renewable electricity. The support of the national and regional governments in this project is crucial as it will enable ArcelorMittal to have access to green hydrogen supplied through a consortium of companies that will cooperate in the construction of the infrastructure required in order to produce hydrogen in the Iberian Peninsula using solar-powered electrolysis and to transport it directly through a network of pipelines. The initiative involves the construction of multiple large-scale solar farms, with hydrogen produced in situ and with the corresponding impact in terms of employment. The Gijon DRI will also feed the company's Sestao plant, situated approximately 250km from Gijon, where production is already entirely from the electric arc furnace route. This means that by 2025 ArcelorMittal Sestao will produce 1.6 million tonnes of steel and be the world's first full-scale steel plant to achieve zero carbon-emissions.
DCRB

Hot Stocks

07:44 EDT Hyzon Motors says orders, MoUs have increased to represent up to $86M - Hyzon Motors Inc., a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, announced updates to orders, memoranda of understanding and technological developments, ahead of its business combination with Decarbonization Plus Acquisition Corporation. Orders and MoUs have increased to represent up to $86M, up 55% from $55M as of April 29, and over 100% from February 12. Expected 2022 deliveries include a landmark order from Austrian grocery retailer MPREIS for up to 70 trucks. The growing list of orders and MoUs comes from the rapidly developing European market as well as Australia, thanks to the company's international footprint. To meet the growing demand for fuel cell electric commercial vehicles, Hyzon is on track with the buildout of its local vehicle assembly capabilities in Europe and the U.S., along with expansion plans in Australia and China. Hyzon's fuel cell performance has allowed the company to serve multiple heavy industries, including freight, construction and mining. Final specifications for an ultra-heavy-duty truck have been confirmed; Ark Energies, a subsidiary of Korea Zinc, is expected to receive the first five units of trucks capable of loading more than 150 tons in 2022. In addition to building its pipeline, Hyzon has actively invested in projects to expand its lead in core FCEV technologies. The company's next-generation fuel cell achieves a power density above 6 kilowatts per liter and has already been ordered by a leader in zero-emissions aerospace. Hyzon has developed proprietary eAxle technology and is focused on improving its battery technology to boost electrical efficiency of its vehicles' powertrains. Hyzon's innovation extends beyond the fuel cell as the company seeks to ease the transition to hydrogen for fleet operators. Through a recently announced agreement with Chart Industries, the partners expect to develop an ultra-heavy-duty truck with a range of 1,000 miles powered by liquid hydrogen. Simultaneously, Hyzon has successfully reduced costs in excess of $50,000 per vehicle for manufacturing components and sub-systems, with savings over 80% for certain auxiliary power systems, power distribution unit and on-board chargers and over 40% for battery, eMotor and inverter components. These savings are expected to grow as operations scale and Hyzon continues to evolve vehicle and component designs. To address growing hydrogen infrastructure needs, the company is investing in developing the initial hydrogen production and supply hubs as it builds out the previously announced global hydrogen hub network. Through these hubs, fleet operators should be able to access local, scalable hydrogen with projected total cost of ownership to reach parity with diesel vehicles in 12-18 months, without subsidies. The first hub is expected to be built in California with Raven SR; two more are slated to open in the Netherlands this fall. Additional hubs providing gaseous and liquid hydrogen are being developed with other partners globally.
VMAR

Hot Stocks

07:39 EDT Vision Marine partners with Shaun Torrente to pilot the Hellkats Catamaran - Vision Marine Technologies announce the company will partner with Shaun Torrente of Shaun Torrente Racing to pilot the Hellkats 32' Super-Sport Widebody Catamaran, equipped with a twin application of Vision Marine's groundbreaking E-Motion powertrain system. "Shaun Torrente is an integral part of our plan to achieve the world's fastest electric boat, powered by E-Motion, the world's most powerful electric outboard. Torrente will apply his experience as a multi-series World Powerboat Champion and manufacturer of marine components, to work jointly with Vision Marine and HellKats Powerboats to design the lower unit section of the engine, in addition to assisting with rigging, fabrication, and setup of the boat in order to shatter the world speed record. Torrente will pilot the Hellkats 32' widebody boat for the world speed record attempt. Torrente's knowledge and expertise in racing, custom fabrication and machining capabilities make him an invaluable asset in the research and development of the world's fastest electric powered catamarans," the company said.
KRKR NIO

Hot Stocks

07:39 EDT 36Kr Holdings launches business podcast program on NIO Radio - 36Kr Holdings (KRKR) announced that it has joined hands with NIO (NIO) to launch a business-centric podcast series titled Kr-Intelligence on NIO Radio, an interactive audio community operated by NIO.
SLRX

Hot Stocks

07:38 EDT Salarius adds Fox Chase Cancer Center to ongoing trial of seclidemstat - Salarius Pharmaceuticals announced that Fox Chase Cancer Center in Philadelphia, PA, has been added as an active trial site for the dose-expansion stage of the ongoing clinical trial evaluating the company's lead drug candidate, seclidemstat, in patients with relapsed or refractory Ewing sarcoma and advanced FET-rearranged sarcomas. The addition of Fox Chase expands to nine the number of active sites participating in the open label trial intended to assess seclidemstat at the recommended Phase 2 dose. Patient recruitment is now underway at all sites, and the first patients in the dose-expansion stage of the clinical trial have been dosed. Per the amended protocol, the trial's dose-expansion stage now includes three patient arms. The first arm will enroll up to 30 patients with Ewing sarcoma, a rare and deadly pediatric bone cancer, and will investigate seclidemstat in combination with topotecan and cyclophosphamide, a commonly used second- and third- line chemotherapy regimen. The trial's second patient arm will investigate seclidemstat as a single agent in up to 15 patients with myxoid liposarcoma. The third patient arm will investigate seclidemstat as a single agent in up to 15 patients with select sarcomas that share a biology similar to Ewing sarcoma, also referred to as FET-rearranged or Ewing-related sarcomas. All patient arms are designed to evaluate safety and efficacy endpoints in patients with advanced disease. Salarius expects to report data in 2022 and provide earlier updates if possible.
INZY BMY

Hot Stocks

07:37 EDT Inozyme appoints Gayle Gironda as SVP, human resources - Inozyme Pharma (INZY) announced that Gayle Gironda has been appointed as senior vice president of human resources. Most recently, Ms. Gironda served as vice president, human resources, global hematology and global market access at Bristol Myers Squibb (BMY).
CAG

Hot Stocks

07:35 EDT Conagra Brands CEO sees FY22 input cost inflation 'materially higher' - Sean Connolly, president and CEO of Conagra Brands, commented, "I am very proud of how the entire Conagra Brands team responded to fiscal 2021's dynamic environment. Our strong results - both in the absolute and relative to competition - reflect the team's dedication to executing the Conagra Way each day. We successfully responded to the heightened consumer demand while continuing to invest in the long-term health of the business. Our business remains very strong, and we believe we are well-positioned to continue to win with consumers." He continued, "As the fourth quarter unfolded, input cost inflation accelerated and we now expect fiscal 2022 input cost inflation to be materially higher than we anticipated at the end of fiscal Q3. In response, we have further enhanced the aggressive and comprehensive action plan already being executed, which includes broad-based pricing. While we are pleased with the initial results, there will be a lag between the time we are hit with higher costs and when we realize the benefits of our actions. The impact of this lag is expected to be most acute in the first half of fiscal 2022. We anticipate second-half adjusted EPS to be in line with what we previously assumed within our prior fiscal 2022 guidance. The underlying strength of our business and our continued investments to further support our brands gives me confidence that we have a long runway of growth and shareholder value creation ahead of us. This confidence is underscored by our Board of Directors' decision to increase our annual dividend by 14% after increasing it 29% last fiscal year. We look forward to discussing our longer-term outlook at an investor meeting in the spring of 2022."
SBBP

Hot Stocks

07:35 EDT Strongbridge Biopharma announces publication of efficacy, safety for KEVEYIS - Strongbridge Biopharma announced that post hoc analyses from a one year open-label study evaluating daily use of KEVEYIS for the treatment of Primary Periodic Paralysis following a nine-week randomized, controlled study were published in the peer-reviewed journal, Muscle & Nerve. The results confirmed that long-term treatment with KEVEYIS is safe and effective for chronic use. "The published results from the post hoc analyses of the HYPHOP study extend the positive findings from the original KEVEYIS HYPHOP study by demonstrating that efficacy was maintained over the entire 61-week study with no evidence of waning over time," said Fredric Cohen, M.D., chief medical officer of Strongbridge Biopharma. "Moreover, there was evidence of further reduction in median weekly attacks among continuous KEVEYIS users to nearly none by the end of the study, and patients who were switched from placebo to open-label KEVEYIS after week nine had reduced attack rates that were similar in frequency at the end of the study to those who had been continuously treated with KEVEYIS over the entire study. Collectively, these results reinforce the utility of KEVEYIS as an effective option in treating PPP, a life-long rare, hereditary skeletal muscle disorder that leads to debilitating attacks of muscle weakness." Adverse event analyses indicated no new safety signals during the final 52 weeks of the study versus the first nine weeks, with the common adverse events of paresthesia and cognition impairment, reported at lower frequencies during the extension as compared with the first 9 weeks.
ZI

Hot Stocks

07:34 EDT ZoomInfo to acquire Chorus.ai for $575M in cash, sees accretion - ZoomInfo announced it has agreed to acquire Chorus.ai, a conversation intelligence company. More than 20,000 global revenue teams trust ZoomInfo to power their go-to-market motions. The planned acquisition of Chorus will add a new category of actionable insights to ZoomInfo's intelligence layer, unlocking workflows and driving engagement informed by conversations. The acquisition expands ZoomInfo's total addressable market to $70B, and is expected to be accretive to growth immediately, generate positive adjusted operating income within 12 months, and be accretive to cash flow in the second half of FY 2022. Chorus uses machine learning and artificial intelligence to capture and analyze prospect and customer calls, meetings, and emails. Under the terms of the agreement, Zoominfo agreed to acquire the assets and specified liabilities of Chorus for approximately $575M in an all-cash transaction, which includes a cash tax benefit related to the asset purchase of over $100M. The purchase price will be funded with cash on hand and $500M in additional financing.
OC

Hot Stocks

07:34 EDT Owens Corning announces acquisition of vliepa GmbH, terms not disclosed - Owens Corning announced that it has acquired vliepa GmbH, which specializes in the coating, printing and finishing of nonwovens, paper and film for the building materials industry. The acquisition broadens Owens Corning's significant global nonwovens portfolio to better serve European customers and accelerate growth of building and construction market applications in the region. "This highly complementary combination advances our global strategy of expanding deeper into the value chain and investing in high-growth markets," said Marcio Sandri, President of Owens Corning's Composites business. "The acquisition adds immediate coating capacity for our customers in the building materials industry, along with supporting the transformation of the construction market from traditional materials to innovative, glass-faced solutions." With this transaction, Owens Corning has taken ownership of two production facilities in Bruggen, Germany. Terms of the transaction were not released. "We believe vliepa's technology and capabilities are an ideal complement to our nonwoven solutions, manufacturing capacity, and commercial relationships," added Sandri. "Our combined organization will address several key macrotrends, including sustainability, lightweight building materials, and more labor-efficient construction solutions, by delivering enhanced performance in a variety of applications, including Polyiso, polyisocyanurate, insulation and gypsum boards." In total, vliepa GmbH employs about 70 people and delivered 2020 sales of approximately $30M.
WLBMF

Hot Stocks

07:34 EDT Wallbridge Mining, Midland plan drilling program on Casault - Midland Exploration in partnership with Wallbridge Mining Company is pleased to report that an important drilling program is currently in preparation to test new high-priority drilling targets identified on the Casault project. This project, wholly owned by Midland and under option since June 2020 by Wallbridge, is located along the Sunday Lake Fault, stretching from approximately 10 to 45 kilometres west of the Fenelon Gold Property held by Wallbridge, where an active drill program in support of a maiden resource estimate is currently underway. On June 30, 2021, Midland received from Wallbridge the $110,000 cash payment due on the first anniversary of the option agreement. The technical committee is planning to meet in mid-July to finalize the prioritization of targets to be tested during a drilling program totalling approximately 5,000 metres, scheduled to begin in August 2021. These targets will namely include geophysical anomalies strategically positioned near favourable structures based on recent interpretations, as well as new geological targets based on the results of field reconnaissance work currently underway in the north part of the property. These targets occur in a similar geologic setting as Wallbridge's Martiniere deposits, located less than 5 kilometres to the east, which have a historic indicated resource of 7,919,598 tonnes at 2.32 g/t Au for 590,642 oz and historic inferred resource of 363,420 t @ 4.57 g/t Au for 53,344 oz. The Casault property is wholly owned by Midland and consists of 322 claims covering the Sunday Lake Fault over more than 20 kilometres strike length. The property is also located approximately 40 kilometres east of the Detour Lake mine.
GNCA

Hot Stocks

07:33 EDT Genocea doses first patient in Phase 1/2a TiTAN clinical trial for GEN-011 - Genocea Biosciences announced the dosing of the first patient in its TiTAN study, a Phase 1/2a clinical trial testing its GEN-011 therapy. GEN-011 represents a new category of autologous solid tumor cell therapy: neoantigen-targeted peripheral T cells. "Dosing the first patient with GEN-011 represents an exciting milestone for Genocea and the field of neoantigen-targeted T cell therapy," said Thomas Davis, M.D., the company's Chief Medical Officer. "We believe our GEN-011 therapy employs better targeting - using our ATLAS platform to select optimal neoantigen targets that drive anti-tumor immune responses and avoid immunosuppressive Inhibigens - and better T cells, derived from easily accessible peripheral blood as opposed to the tumor itself. We are grateful to the patients eager to participate in our trial, to our investigators, and to our colleagues here at Genocea for their great dedication to improve patients' outcomes. We look forward to reporting top-line results from this study on a subset of patients late in the fourth quarter of 2021 or the first quarter of 2022."
CAG

Hot Stocks

07:33 EDT Conagra Brands raises annual dividend 14% - The Board of Directors has authorized a 14% increase to the company's annualized dividend rate, beginning with the dividend payable on September 2, reflecting continued confidence in the strength of the business.
AXON

Hot Stocks

07:33 EDT Axon awarded TASER CEDs order from law enforcement agencies in Italy - Axon announced that it has been awarded the national tender to supply TASER conductive electrical devices, or CEDs, to law enforcement agencies across Italy. Under terms of the contract, signed in early July, 4,482 TASER CEDs will be deployed to Italian forces of Polizia di Stato, Arma dei Carabinieri and Guardia di Finanza by the end of the year.
GS

Hot Stocks

07:27 EDT Goldman Sachs reports Q2 net revenues in Investnet Banking $3.61B
GS

Hot Stocks

07:27 EDT Goldman Sachs reports Q2 global markets revenue $4.9B - Global Markets generated quarterly net revenues of $4.90 billion, reflecting solid client activity across both Fixed Income, Currency and Commodities and Equities. Asset Management generated record quarterly net revenues of $5.13 billion, reflecting record quarterly net revenues from Equity investments. Consumer & Wealth Management generated record quarterly net revenues of $1.75 billion.
BIP...

Hot Stocks

07:27 EDT Brookfield files third notice of variation over Inter Pipeline offer - Brookfield Infrastructure Partners (BIP) has filed a third notice of variation and extension in respect of the offer commenced on February 22, 2021, as varied pursuant to a notice of variation, change and extension dated June 4, 2021 and a second notice of variation and extension dated June 21, 2021 to acquire all of the outstanding common shares of Inter Pipeline (IPPLF). The Third Notice of Variation and related documents have been filed with the Canadian securities regulators on SEDAR under IPL's profile at www.sedar.com and will be mailed to all IPL shareholders. The Alberta Securities Commission heard Brookfield Infrastructure's application concerning IPL's improper defensive tactics, and IPL's and Pembina's (PBA) cross-applications concerning Brookfield Infrastructure's disclosure of the cash-settled total return swaps on July 9th and rendered its decision on July 12th. The ASC decided that the statutory minimum tender condition of the Offer be increased from a simple majority to 55% and that the Offer is required to include certain additional public disclosure with respect to Brookfield Infrastructure's total return swaps. Although Brookfield Infrastructure disagrees with aspects of the decision, it intends to revise the Offer to comply with the terms of the decision. Notwithstanding that there has been no reduction in the break fee, Brookfield Infrastructure is considering further enhancements to the Offer. Under the terms and subject to the conditions of the Offer, as varied by the Third Notice of Variation, each IPL shareholder will have the ability to elect to receive, per IPL share, C$19.50 in cash or 0.225 of a Brookfield Infrastructure Corporation (BIPC) class A exchangeable share. The Offer provides IPL shareholders the ability to elect to receive 100% cash, without being subject to proration. The BIPC Shares available pursuant to the Offer will be subject to pro-rating based on a maximum of 23.0 million BIPC Shares. The Offer also provides eligible shareholders an option to receive 100% of their consideration in BIPC Shares on a tax-deferred rollover basis subject to the aggregate limit of 31.0 million BIPC Shares. The expiry time of the Offer has been extended and is open for acceptance until 5:00 p.m. on Friday August 6, 2021. The Offer is conditional on the special resolution of IPL shareholders considering the proposed plan of arrangement with Pembina not being approved by the requisite majority at the special meeting to be held on July 29, 2021.
GS

Hot Stocks

07:26 EDT Goldman Sachs reports Q2 annualized ROE 23.7%, ROTE 25.1% - Reports Q1 book value per share $264.90.
EEVVF

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07:22 EDT Eve & Co announces cannabis supply agreement with Adjupharm - Eve & Co announced that its wholly-owned subsidiary, Natural MedCo, has entered into a Cannabis Supply Agreement with Adjupharm. Under the initial three-year agreement, AP is expected to order up to 660 kilograms of NMC's dried and gamma-irradiated cannabis flowers. AP will distribute the products into the German market. The Company also announces that Ivan Ross Vrana has departed from his role as the Company's Vice President, Governmental Relations and Business Development to pursue other interests.
GGTTF AVTBF

Hot Stocks

07:19 EDT Avant Brands begins trading on OTCQX Best Market - Avant Brands is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of AVTBF. The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Avant will continue to trade in Canada on the Toronto Stock Exchange under the symbol AVNT, and on the Frankfurt Stock Exchange under the symbol 1BUP.
BABYF

Hot Stocks

07:18 EDT Else Nutrition signs marketing agreements with influencer, two brands - Else Nutrition provides the following marketing activity update. Else has successfully entered into an influencer partnership with actress, mother, writer and DIYer, Tori Spelling. The company has also secured integrated branded partnerships with key platforms for Q3, to further bolster marketing support and reach hundreds of thousands of additional families in the U.S. and beyond. Plant-Based Network: Else has signed an agreement with Plant Based Network and will engage in branded content advertisements in the form of T.V. on PBN, as well as placements in digital print, during Q3 and Q4 of this year. Kids With Food Allergies: Else has also signed an agreement with KWFA. The program planned for Q3, will span a dedicated newsletter to KWFA's database of over 70,000 families with kids suffering from food allergies. It will also feature sponsored blog content on KWFA's website.
CMI

Hot Stocks

07:17 EDT Cummins begins testing of hydrogen fueled internal combustion engine - Cummins has taken another step forward in advancing zero carbon technology as the company began testing a hydrogen-fueled internal combustion engine. The proof-of-concept test is building on Cummins' existing technology leadership in gaseous-fuel applications and powertrain leadership to create new power solutions that help customers meet the energy and environmental needs of the future. "Cummins is thrilled about the potential of the hydrogen engine to reduce emissions and provide power and performance for customers," said Srikanth Padmanabhan, President of the Engine Segment. "We are using all new engine platforms equipped with the latest technologies to improve power density, reduce friction and improve thermal efficiency, allowing us to avoid the typical performance limitations and efficiency compromises associated with converting diesel or natural gas engines over to hydrogen fuel. We have made significant technological advancements and will continue moving forward. We are optimistic about bringing this solution to market." Following the proof-of-concept testing, the company plans to evaluate the engine in a variety of on- and off-highway applications, supporting the company's efforts to accelerate the decarbonization of commercial vehicles.
ASLN

Hot Stocks

07:17 EDT Aslan Pharmaceuticals announces loan facility up to $45M - ASLAN Pharmaceuticals announced that it has closed a secured loan facility provided by K2 HealthVentures. Under the terms of the facility, K2HV will provide ASLAN up to $45 million of secured debt financing. The facility consists of a $20 million initial term loan funded at closing, with the remaining $25 million subject to certain terms and conditions. The company intends to use the proceeds of the loan facility to advance the clinical development of ASLAN003, a promising candidate for the potential treatment of autoimmune gastrointestinal and skin diseases, as well as for general corporate purposes. ASLAN expects to initiate a phase 2 clinical trial for ASLAN003 in inflammatory bowel disease in early 2022. In addition, under the terms of the financing, ASLAN intends to pay off its outstanding loans with CSL Finance Pty Ltd in the amount of $4.2 million.
LEXX

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07:15 EDT Lexaria Bioscience receives first patent in Japan - Lexaria Bioscience announced an additional expansion of its intellectual property portfolio with its first-ever patent granted in Japan. The patent is titled "Stable ready-to-drink beverage compositions comprising lipophilic active agents" and becomes the twentieth patent granted to Lexaria, continuing to add to the company's intellectual property portfolio. This is the third patent granted from Lexaria's third patent family. Lexaria's patent application suite comprises a total of 13 patent families. Active ingredients that may be used under this new patent include non-psychoactive cannabinoids and NSAIDS.
CXBMF

Hot Stocks

07:15 EDT Calibre Mining on track for 2021 gold production 170,000-180,000 ounces
CXBMF

Hot Stocks

07:15 EDT Calibre Mining reports Q2 gold production 43,506 ounces - Calibre Mining is pleased to announce operating results for the three months ended June 30, 2021 and cash on hand at quarter-end. Q2 2021 Highlights: Gold production of 43,506 ounces, on track to meet full year guidance of 170,000 - 180,000 ounces; Gold sales of 43,682 ounces; Cash on hand of $66.3 million at June 30, 2021; increased $8.1 million from March 31, 2021; 550 tonnes per day of ore delivered from the Pavon Norte mine to the Libertad mill, a 57% increase over Q1 2021 and targeting 1,000 tonnes per day by the end of 2021; Released inaugural 2020 Sustainability Report; Advancing the high-grade Eastern Borosi Project, including: Completed 75% of the infill, metallurgical, geotechnical, and hydrological drilling; Acquired most of the required surface rights during the quarter; Advanced social, technical, and environmental work with project permit applications and updated resource estimates expected during Q1, 2022; Rio Tinto Exploration and Calibre joint venture copper-porphyry drill program well underway; and 16 exploration drills active across 100%-owned mine sites and satellite opportunities. Highlight Drill Results: Eastern Borosi Project: 9.07 g/t Au and 19.9 g/t Ag over 6.5 metres Estimated True Width; 25.90 g/t Au and 15.3 g/t Ag over 1.9 metres ETW; 6.42 g/t Au and 14.1 g/t Ag over 7.1 metres ETW; and 26.49 g/t Au and 99.4 g/t Ag over 2.2 metres ETW. Highlight Drill Results: Libertad Mill Site: 11.37 g/t Au over 5.4 metres ETW from 61.4 metres; 16.78 g/t Au over 2.8 metres ETW from 41.9 metres; 13.83 g/t Au over 4.4 metres ETW from 127.7 metres. Highlight Drill Results: Limon Mill Site : 5.50 g/t Au over 7.1 metres ETW from 285.5 metres; and 13.42 g/t Au over 2.0 metres ETW from 304.8 metres.
ZEPP ZURVY

Hot Stocks

07:14 EDT Zepp Health's PAI Health partners with Zurich Brazil - PAI Health, a wholly owned independent subsidiary of Zepp Health (ZEPP), announced the launch of a 12-month pilot program with Zurich Brazil, a regional subsidiary of global insurer, Zurich Insurance Group (ZURVY). Zurich Brazil will pilot PAI Health technology with 1500 employees to inform a broader rollout strategy of the technology to Zurich's wider customer base. "This pilot provides a fantastic opportunity to showcase PAI on a large scale and prove its efficacy as a preventative healthcare solution," says Sally Powell, General Manager, PAI Health. "We are confident that our solution can improve health outcomes and drive meaningful lifestyle change, and are pleased to be collaborating with a global insurance leader at the forefront of health and wellness innovation."
BTBT BTC

Hot Stocks

07:12 EDT Bit Digital earns 562.9 BTC in Q2 - Bit Digital announced its unaudited bitcoin production and mining operations update for the Q2. Preliminary Q2 highlights include: 70.8% of miner fleet by hash rate was already deployed, in transit to or awaiting installation in North America at June 30. Following regulatory changes in China, the Company suspended mining operations there effective June 21 accelerated its migration program to North America, and anticipates completing migration of its remaining China-based fleet during the Q3. The Company owned 32,500 miners as of June 30 with a maximum total hash rate of 1.92 EH/s. The 0.34 EH/s reduction from the Q1 was due to fleet repositioning, in which the Company sold or disposed of certain models, in anticipation of purchase opportunities for newer, more efficient machines. The Company recognized a small gain on miner sales, and expects to reinvest sale proceeds of $5.4M into purchases of newer vintage miners. The Company purchased 3,515 miners on the spot market during the Q2, and expects to make additional miner purchases subsequent to quarter end, potentially in significant volumes, subject to market conditions and capital availability. The Company earned 562.9 bitcoins in the Q2. The reduction from the Q1 was due to the accelerated migration program, in which more miners were offline while in transit to or awaiting installation in North America, as well as miner sales and disposals. Treasury holdings of bitcoin increased to 588.4, with a fair market value of approximately $20.6M as of June 30.
BWB

Hot Stocks

07:11 EDT Bridgewater Bancshares raises minimum wage to $20 per hour - Bridgewater Bank announced that it has raised its minimum wage to $20 per hour for all regular, full-time employees, effective August 1. Bridgewater Bank is believed to be one of the few local Minnesota companies to establish a $20 per hour minimum wage. The change represents an 11 percent increase in the bank's existing minimum wage and benefits 14% of its full-time employee base. Minnesota's current minimum wage for large employers is $10.08 per hour, which is $2.83 higher than the federal minimum wage. "As the premier entrepreneurial bank in the Twin Cities, we are focused on continuing to attract and retain the best talent through our unconventional culture, competitive benefits, and now, a leading minimum wage," said President & Chief Executive Officer, Jerry Baack. "Many of our employees enter the bank through entry-level roles, and we want everyone to know they play a vital role in supporting our fast-growing bank. Taking this important step is simply the right thing to do."
PAA

Hot Stocks

07:11 EDT Plains All American, Oryx Midstream announce Permian Basin JV - Plains All American and Oryx Midstream Holdings announced they have entered into a definitive agreement to merge their respective assets, operations and commercial activities within the Permian Basin into a newly formed strategic joint venture, Plains Oryx Permian Basin. The transaction will include all of Oryx's Permian assets and, with the exception of Plains' long-haul pipeline systems and certain of its intra-basin terminal assets, the vast majority of Plains' assets located within the Permian Basin. Permian JV profile: ~5,500 pipeline miles, ~6.8 MMb/d of pipeline system multi-segment capacity. Direct downstream connections to all major intra-basin and downstream markets. ~4.1 million dedicated system acres, including supply and facilities dedications. ~7 year weighted average remaining contract tenor. greater than 30 year average inventory life at current activity levels, vast majority with projected IRR of 25% - 50%+ at ~$50/Bbl WTI. Enhances shipper diversification, economies of scale and quality of long-term free cash flow. Expect to capture +/- $50 million in operational, cost and capital synergies on a run-rate basis within 12 months; potential to increase to $100+ million longer-term via additional integration and optimization opportunities. Multiple opportunities to drive operating efficiencies; supports reducing environmental footprint, GHG emissions and overall costs of operations. Additional upside potential available related to expected Permian production growth. The Plains assets comprising a part of the JV include approximately 3,900 miles of pipeline and related operational storage capacity located within the Permian Basin, long-term acreage dedication and marketing agreements covering approximately 2.8 million acres, and supply and facilities dedications. Plains' long-haul pipeline systems and certain of its intra-basin terminal assets will not be included within the JV. The Oryx assets comprising a part of the JV include approximately 1,600 miles of pipeline and related operational storage capacity located within the Permian Basin, in addition to long-term acreage dedication and marketing agreements covering approximately 1.3 million acres. The JV provides for an overall ownership and distribution sharing arrangement of 65% Plains and 35% Oryx. The parties have agreed to a tiered modified distribution sharing arrangement for up to 10 years. Details of the MSA are set forth within an 8-K to be filed by Plains. Subject to satisfaction of customary and other closing conditions and receipt of regulatory approvals, the transactions contemplated by the merger agreement are expected to close in the fourth quarter of 2021.
IONS BCYC

Hot Stocks

07:10 EDT Ionis Pharmaceuticals enters exclusive licensing pact with Bicycle Therapeutics - Ionis Pharmaceuticals (IONS) announced that it has entered into an exclusive licensing agreement with Bicycle Therapeutics (BCYC) to increase the delivery capabilities of Ionis' advanced LIgand Conjugated Antisense, or LICA, medicines. The agreement provides Ionis exclusive access to Bicycle's proprietary macrocyclic peptides, referred to as Bicycles, to design LICAs that target transferrin receptor 1 for use with oligonucleotides. This LICA strategy has demonstrated both the improved delivery of antisense medicines to muscle tissue, including cardiac muscle, as well as the potential to cross the blood brain barrier. Under terms of the agreement, Ionis obtained an exclusive license to Bicycle's technology covering the entire class of transferrin receptor 1 Bicycles for use in targeted delivery of oligonucleotide drugs. Ionis made a $45M upfront payment to Bicycle which included a license fee, an option fee, and an $11M equity investment in Bicycle. Bicycle will be eligible to earn development and regulatory milestone payments on a program-by-program basis and royalties on product sales.
TMO

Hot Stocks

07:09 EDT Thermo Fisher expands collaboration with My Green Lab - Thermo Fisher announced an expansion of its collaboration with My Green Lab, a non-profit organization committed to improving the environmental sustainability of scientific research. The company has set a goal to obtain Accountability, Consistency and Transparency labelling for its entire cold temperature storage portfolio by the end of 2021. Over time, Thermo Fisher expects to ACT label more than 1,200 additional SKUs, enabling research, pharmaceutical and clinical laboratories to achieve their sustainability objectives by providing a broader range of purchasing options.
KKR

Hot Stocks

07:09 EDT KKR-unit Global Atlantic announces $4.8B whole life reinsurance pact - Global Atlantic Financial announced the signing of a USD $4.8 billion reinsurance transaction between its Bermuda-based subsidiary Global Atlantic Assurance Limited and AXA China Region Insurance Company Limited and AXA China Region Insurance Company . This is Global Atlantic's first block reinsurance transaction sourced outside the United States. Under the agreement, which closed on July 12, upon signing, AXA HK has reinsured a closed block of whole life insurance policies, originated in Asia, and backed by USD $4.8 billion in assets. AXA HK will continue to service and administer the policies as insurer of the reinsured block of business.
UAL

Hot Stocks

07:08 EDT United Airlines announces investment in electric aircraft startup - United Airlines Ventures announced it, along with Breakthrough Energy Ventures, or BEV, and Mesa Airlines, has invested in electric aircraft startup Heart Aerospace. Heart Aerospace is developing the ES-19, a 19-seat electric aircraft that has the potential to fly customers up to 250 miles before the end of this decade. In addition to UAV's investment, United Airlines has conditionally agreed to purchase 100 ES-19 aircraft, once the aircraft meet United's safety, business and operating requirements. Mesa Airlines, United's key strategic partner in bringing electric aircraft into commercial service, has also agreed to add 100 ES-19 aircraft to its fleet, subject to similar requirements.
GDDY...

Hot Stocks

07:08 EDT GoDaddy partners with Google to help small businesses boost online sales - GoDaddy (GDDY) announced an integration with Google (GOOG, GOOGL) which allows GoDaddy customers a way to get discovered across Google surfaces from GoDaddy's Online Store. This expansion to GoDaddy's current Google offering will make it easy for customers to scale their businesses and reach millions of new shoppers via Google. Without leaving their GoDaddy Online Store, customers are now able to automatically create a Google Merchant Center account, sync their catalog to create free product listings on Google, and promote their products on Google. In addition to free listings, GoDaddy customers now have integrated capabilities to launch Smart Shopping campaigns to promote products across more surfaces on Google, including Google Search, Google Images, Google maps, YouTube and Gmail. Google Smart Shopping campaigns enable small businesses to simplify their marketing spend and maximize their conversion value across Google properties to deliver the strongest sales growth. With this expansion, GoDaddy customers can reach millions of potential customers with their most relevant products, quickly scaling their business and increasing profits. To help entrepreneurs get started Google is also offering eligible GoDaddy customers up to $150 in ads credit when they start their first Smart Shopping campaign.
DFS

Hot Stocks

07:07 EDT Discover, SIBS MB enter payment acceptance strategic agreement - SIBS MB and Discover signed a strategic agreement that increases the global acceptance footprint for both organizations. This new strategic agreement gives Discover, Diners Club International and network alliance cardholders the ability to use their cards on the SIBS MB network at merchant and ATM locations across Portugal. The agreement will also allow members of SIBS MB to issue MB cards that will be accepted on the Discover Global Network for international purchases and cash withdrawals outside Portugal and provides access to more than 50M outlets in 200 countries and territories via the Discover Global Network.
REPH

Hot Stocks

07:07 EDT Recro Pharma enters development, manufacturing agreement with new client - Recro Pharma announced the signing of a development and cGMP manufacturing agreement with a new client. Under the terms of the agreement, Recro will provide early-stage development and manufacturing services to support the client's ongoing clinical development of an orally administered, minimally-absorbed investigational compound. "The opportunity to support our new client's clinical development of its novel therapeutic candidate allows Recro to further highlight our unique expertise in implementing sophisticated solutions to solve complex formulation and manufacturing problems," said David Enloe, president and CEO of Recro. "This agreement continues the momentum that we have generated by leveraging our decades-long experience in robust commercial GMP manufacturing for clinical-stage programs. We are excited to have been selected for this important work and look forward to a long and productive partnership."
LVTX

Hot Stocks

07:05 EDT Lava Therapeutics announces treatment of first patient in Phase 1/2a of LAVA-051 - LAVA Therapeutics announced dosing of the first patient in the company's Phase 1/2a clinical trial of LAVA-051 in patients with relapsed and/or refractory chronic lymphocytic leukemia, multiple myeloma and acute myeloid leukemia. LAVA-051, LAVA's lead product candidate, is a bsTCE engineered to selectively target CD1d-expressing hematological cancers through activation of both gamma-delta T cells and type 1 natural killer T cells. The open-label, multi-center, Phase 1/2a clinical trial will evaluate safety, tolerability, pharmacokinetics, pharmacodynamics, immunogenicity and preliminary antitumor activity of LAVA-051. Once a recommended Phase 2 dose has been established, the trial will expand into the Phase 2a portion, which will enroll patients in three disease specific cohorts to confirm safety and evaluate preliminary antitumor activity in each disease cohort. The Phase 1/2a clinical trial for LAVA-051 will initially be conducted in Europe, where the Company has already received regulatory approval for its Clinical Trial Application. LAVA expects to file an Investigational New Drug application with the U.S. Food and Drug Administration, which if accepted, will subsequently expand the trial to include patients in the United States. Stephen Hurly, president and chief executive officer of LAVA, added, "This important milestone marks LAVA's transition to a clinical stage company. LAVA-051, the most advanced product candidate from our off-the-shelf antibody platform, is designed to utilize bi-specifics to unlock the full anti-cancer potential of a patient's own gamma-delta T cells. We believe our approach overcomes the limitations of first-generation T cell engagers, reducing the risk of off-target toxicity, regulatory T-cell activation and cytokine release syndrome, while also amplifying efficacy through innate and adaptive immune responses. Adding to our momentum in the clinic, our second clinical program, LAVA-1207 in metastatic prostate cancer, is expected to enter the clinic before year end. We look forward to generating important clinical data to support our approach in both hematological malignancies and solid tumors."
MESA

Hot Stocks

07:04 EDT Mesa Air makes investment in Heart Aerospace, orders 100 all-electric aircraft - Mesa Air Group announces that it has made an investment in electric aircraft company, Heart Aerospace, a company that plans to be the first to produce the world's first electric nineteen-seat ES-19 aircraft, alongside Breakthrough Energy Ventures and United Airlines Ventures. Subject to certain terms, Mesa also plans to add 100 ES-19 aircraft to its regional fleet, revolutionizing air service to small markets as one of the first network air carriers to help decarbonize air travel through the use of electric aircraft. This announcement expands on the efforts that Mesa has made in the emerging transition to electric-powered flight with airlines such as United Airlines - first with the announcement of an investment in Archer Aviation and its eVTOL aircraft, and now with the ES-19, a fully electric nineteen-seat regional aircraft.
CYCC

Hot Stocks

07:03 EDT Cyclacel announces dosing of first patient in Phase 1/2 study of fadraciclib - Cyclacel Pharmaceuticals announced dosing of the first patient in the company's multi-cohort Phase 1/2 study of oral fadraciclib in patients with advanced solid tumors. "Advancing oral fadraciclib, our lead candidate, into this Phase 1/2 trial, represents a key clinical milestone and corporate objective for our team," said Spiro Rombotis, Cyclacel's President and Chief Executive Officer. "This is the first of four streamlined Phase 1/2 studies we plan to open over the coming months as we expand our clinical programs to evaluate the potential of fadraciclib and CYC140, our oral PLK1 inhibitor, first in solid tumors and lymphomas and then in leukemias. We look forward to providing periodic updates on our clinical progress and data from these open-label studies." The Phase 1/2 registration-directed trial will first determine the recommended Phase 2 dose for fadraciclib. Once RP2D has been established, the trial will immediately enter into proof-of-concept, cohort stage. The cohorts will include patients with breast cancer, colorectal, endometrial, hepatocellular and ovarian cancers, as well as certain lymphomas. An additional basket cohort will enroll patients with biomarkers relevant to the drug's mechanism, including MCL1, MYC and cyclin E, regardless of histology.
LTRX

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07:03 EDT Lantronix appoints Jacques Issa as VP, marketing - Lantronix announced that Jacques Issa has joined the Lantronix executive team as vice president of Marketing, effective July 12, 2021. Jacques most recently served as SVP of Marketing and Strategy at Virtium LLC, a supplier of industrial solid-state drive and memory solutions. In connection with the commencement of his employment, Lantronix has agreed to grant Jacques inducement awards consisting of 50,458 restricted share units (RSUs) and 100,000 stock options. The RSU award is scheduled to vest over four years as follows: 12,614 RSUs are scheduled to vest on June 1, 2022, and the remaining RSUs are scheduled to vest ratably each quarter thereafter over a period of three years. The options are scheduled to vest as follows: 25,000 option on July 12, 2022, and the remaining options are scheduled to vest ratably each month thereafter over a period of three years. The per share exercise price of the options is $5.46, which was the closing price of the Company's common stock on July 12, 2021, the date of grant of such options. The inducement RSUs and options are granted as employment inducement awards in accordance with NASDAQ Listing Rule 5635(c)(4).
BA

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07:02 EDT Boeing announces Q2 delivery of 79 commercial airplanes, 156 YTD - The Boeing Company announced major program deliveries across its commercial and defense operations for the second quarter of 2021. "We continue the work to deliver on our commitments to our commercial, defense, space and services customers, while positioning our business for a stable and strong recovery from the pandemic. In the second quarter, we made progress in safely returning the 737 MAX to service in more international markets and increasing the pace of 737 deliveries," the company said. As Boeing has previously shared, the company has been engaged in detailed discussions with the FAA on verification methodology for 787 fuselages, and conducting associated inspections and rework. In connection with these efforts, the company has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing now expects to deliver fewer than half of the 787s currently in inventory this year. "We will continue to take the necessary time to ensure Boeing airplanes meet the highest quality prior to delivery. Across the enterprise, our teams remain focused on safety and integrity as we drive stability, first-time quality and productivity in our operations," the company added.
BCYC

Hot Stocks

07:00 EDT Ionis announces exclusive licensing agreement with Bicycle Therapeutics - Ionis Pharmaceuticals announced that it has entered into an exclusive licensing agreement with Bicycle Therapeutics to increase the delivery capabilities of Ionis' advanced LIgand Conjugated Antisense, or LICA, medicines. The agreement provides Ionis exclusive access to Bicycle's proprietary macrocyclic peptides, referred to as Bicycles, to design LICAs that target transferrin receptor 1 for use with oligonucleotides. This LICA strategy has demonstrated both the improved delivery of antisense medicines to muscle tissue, including cardiac muscle, as well as the potential to cross the blood brain barrier. Bicycle Therapeutics is a clinical-stage biopharmaceutical company developing a novel class of medicines, Bicycles, for diseases that are underserved by existing therapeutics. Bicycles are fully synthetic short peptides constrained with small molecule scaffolds to form two loops that stabilize their structural geometry. This constraint facilitates target binding with high affinity and selectivity, making Bicycles attractive candidates for drug development. Under terms of the agreement, Ionis obtained an exclusive license to Bicycle's technology covering the entire class of transferrin receptor 1 Bicycles for use in targeted delivery of oligonucleotide drugs. Ionis made a $45M upfront payment to Bicycle which included a license fee, an option fee, and an $11M equity investment in Bicycle. Bicycle will be eligible to earn development and regulatory milestone payments on a program-by-program basis and royalties on product sales.
AUMN

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06:56 EDT Golden Minerals reports Q2 payable production of 3,634 AuEq - Golden Minerals reports payable production for the Q2 of 3,634 gold equivalent ounces, or AuEq, consisting of 3,452 gold ounces and 12,323 silver ounces from the first full quarter of production at its Rodeo gold-silver mine located in Durango State, Mexico. Compared to the Q1, payable AuEq production increased by 2,075 ounces or 133%. Gold equivalents are calculated at the realized metals prices shown below. Average Au grade processed during the second quarter increased to 3.6 g/t Au from 3.0 g/t in the Q1. Golden Minerals' President and CEO, Warren Rehn, added, "We are very pleased to report the first full quarter of production data from Rodeo. We completed the planned ramp-up of production during the second quarter, and after the regrind mill was installed at the end of April, plant throughput averaged over 500 tonnes per day in May and June combined. The Company remains on track to achieve our production guidance of between 12,000-14,000 oz gold and 25,000-30,000 oz silver for FY21."
JPM

Hot Stocks

06:51 EDT JPMorgan reports Q2 average loans flat, average deposits up 23%
JPM

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06:50 EDT JPMorgan reports Q2 credit costs net benefit of $2.3B - In Q2: Credit costs net benefit of $2.3B included $3B of net reserve releases and $734M of net charge-offs.
JPM

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06:48 EDT JPMorgan CEO: Delivered solid performance across our businesses - Jamie Dimon, Chairman and CEO, commented on the financial results: "JPMorgan Chase delivered solid performance across our businesses as we generated over $30 billion in revenue while continuing to make significant investments in technology, people and market expansion. This quarter we once again benefited from a significant reserve release as the environment continues to improve, but as we have said before, we do not consider these core or recurring profits. Our earnings, not including the reserve release, were $9.6 billion. Consumer and wholesale balance sheets remain exceptionally strong as the economic outlook continues to improve. In particular, net charge-offs, down 53%, were better than expected, reflecting the increasingly healthy condition of our customers and clients." Dimon continued: "In Consumer & Community Banking, combined debit and credit card spend was up 45%, or up 22% versus the more normal, pre-pandemic second quarter of 2019. We saw accelerating growth across categories including in travel and entertainment, which returned to growth in June, up 13% vs. 2019. Originations in Home Lending, up 64% to $40 billion, and Auto, up 61% to $12 billion, remained very strong. However, CCB loans were down 3% reflecting elevated prepayments in mortgage and lower Card balances. Deposits were up 25%, and investment assets were up 36%, driven by market appreciation and positive net flows. In the Corporate & Investment Bank, Global IB fees are at an all-time high of $3.6 billion, up 25%, driven by an active M&A market as well as acquisition financing in DCM. Markets revenue, down 30% compared to a record last year, was up 25% versus 2019 on strong client activity. Similarly, Commercial Banking earned gross IB revenue of $1.2 billion, up 37%. In Asset & Wealth Management, AUM of $3 trillion grew 21% driven by higher asset values and strong net inflows, and loans were up 21% primarily driven by securities-based lending." Dimon continued: "We are constantly investing, innovating and making strategic, add-on acquisitions to better serve our employees, customers and communities. In the first half of 2021, we extended credit and raised $1.7 trillion in capital for businesses, institutional clients, and U.S. customers. We are executing on our commitments to advance economic opportunity and racial equity and launched a new initiative focused on improving healthcare for our employees and the communities we serve." Dimon concluded: "Our longstanding capital hierarchy remains the same - first and foremost, to invest in and grow our market-leading businesses to support our clients, customers and communities - even in the most difficult of times, second, to pay a sustainable dividend which we have already announced we are increasing, and third, to return any remaining excess capital to shareholders through share buybacks which we plan to continue under our existing authorization."
JPM

Hot Stocks

06:47 EDT JPMorgan reports Q2 ROE 18%, ROTCE 23%
LAZ

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06:47 EDT Lazard reports preliminary AUM $277.4B as of June 30 - Lazard reported that its preliminary assets under management, or AUM, as of June 30 totaled approximately $277.4B. The month's AUM included market appreciation of $1.9B, net inflows of $300M, and foreign exchange depreciation of $3.4B. Preliminary average assets under management for the quarter ended June 30 were $275.9B.
GIB

Hot Stocks

06:41 EDT CGI Inc. signs IT services contract with Nexelis - CGI signed a full managed IT services contract with the international life sciences firm Nexelis. Through the agreement, Nexelis will leverage CGI's global scale, best practices in IT modernization, and approach to accelerate business transformation. Following the successful launch of a managed security services platform, CGI developed a three-year IT strategy to support Nexelis. This IT roadmap includes the delivery of full managed services for the company's core IT infrastructure and a portfolio of enterprise applications. Nexelis' first transformation priorities are the upgrade and international rollout of Infrastructure Managed Services and a Laboratory Information Management System.
IVAN...

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06:38 EDT SES to become publicly traded through Ivanhoe Capital Acquisition Corp. merger - Ivanhoe Capital Acquisition Corp. (IVAN), a publicly-listed special purpose acquisition company, announced it has entered into a definitive agreement for a business combination with SES Holdings, a company in the development and manufacturing of high-performance hybrid Lithium-Metal, or Li-Metal, rechargeable batteries for electric vehicles, or EVs. The transaction is supported by strategic investors and global automakers that include General Motors (GM), Hyundai Motor and Kia Corporation, all of which are parties to existing automotive A-sample joint development agreements, or JDA, with SES. Upon completion of the proposed transaction, the combined company will operate under the SES name and be listed on the New York Stock Exchange under the ticker symbol (SES). The transaction values the combined company at a pro forma implied equity value of approximately $3.6B with total expected gross proceeds of $476M. Including expected transaction proceeds and existing cash on SES's balance sheet, SES is expected to have over $600M of cash at transaction close, which will help fund the company's future growth and transition into its commercialization phase in 2025. The business combination values the combined company at an implied $3.6B pro forma equity value, inclusive of a $300M earn-out, at a $10.00 per share price and assuming no redemptions by Ivanhoe's public shareholders and excluding certain sponsor shares that are subject to stock price-based vesting. The combined company is expected to receive up to $476M of gross proceeds from a combination of a fully committed common stock PIPE offering of $200M at $10.00 per share, along with the approximately $276M cash held in Ivanhoe's trust account assuming no redemptions by Ivanhoe's public shareholders. All existing SES equity holders will roll all their equity holdings into the combined company. The boards of directors of both SES and Ivanhoe have unanimously approved the proposed business combination, which is expected to be completed in the third or fourth quarter of 2021 subject to, among other things, the approval by Ivanhoe's shareholders and the satisfaction or waiver of other customary closing conditions.
HL

Hot Stocks

06:36 EDT Hecla Mining reports Q2 production up from Q1 - Hecla Mining announced its preliminary silver and gold production for the Q2. Silver production of 3.5M ounces, an increase of 4% due to full production at Lucky Friday. Gold production of 59,139 ounces, a decrease of 1%. Zinc production decreased 4% due to lower grades at Greens Creek and lead production increased 29% due to Lucky Friday production. Production of all metals was higher than the Q1 of 2021. Silver equivalent production of 10.1 million ounces or gold equivalent production of 148,161 ounces. Quarter-end cash position of approximately $181M. "With steady growth in silver production at the Lucky Friday Mine and solid operating performance from our Greens Creek Mine, we achieved our second highest quarterly silver production since 2016," said Hecla's President and CEO, Phillips S. Baker, Jr. "This strong performance combined with steady prices delivered an increase of approximately $41M in cash, the fifth consecutive quarter of increasing cash reserves and one of the highest increases in Hecla's history. With the Company's U.S. vaccination rate higher than the U.S. average including Greens Creek at a nearly 90% vaccination rate, and Casa Berardi vaccinations increasing, we expect to build on these results."
TTE

Hot Stocks

06:36 EDT TotalEnergies enters infrastructure agreement with GIP on Gladstone LNG - TotalEnergies has completed a transaction with GIP Australia in relation to the downstream facilities of the Gladstone LNG Project owned by its subsidiary Total GLNG Australia, for a consideration of more than $750M, with effective date January 1, 2021. As part of this transaction, GIP will receive a throughput-based tolling fee calculated on TGA's share of gas processed through the downstream facilities over a period of 15 years. TGA retains full control and ownership of its 27.5% interest in the Gladstone LNG Downstream Joint Venture.
CBAH CBRE

Hot Stocks

06:34 EDT Altus Power announces combination with CBRE Acquisition Holdings - Altus Power and CBRE Acquisition Holdings (CBAH) announced a definitive agreement for a business combination that would result in Altus Power becoming a public company listed on the New York Stock Exchange under the new ticker symbol "AMPS". CBAH is a special-purpose acquisition company sponsored by CBRE Group (CBRE), the world's largest commercial real estate services firm. The transaction is anticipated to generate gross proceeds of up to approximately $678M of cash, assuming no redemptions by CBAH's public stockholders, which will be used to fund the company's growth initiatives and strengthen the combined company's balance sheet. Proceeds include a $275M fully-committed common stock PIPE, anchored by CBRE Group, Inc. and existing investors, including Altus Power management and Blackstone Credit, as well as new investors, including ValueAct Capital, Liberty Mutual Investments and other leading institutional investors. The pro forma implied equity value of the combined company is $1.58B at the $10 per share price in the transaction, and assuming no redemptions by CBAH's public stockholders. The transaction has been unanimously approved by the board of Altus Power and unanimously approved by the board of CBAH after receiving the unanimous recommendation of its special committee. Completion of the proposed transaction is subject to customary closing conditions, including the approval of CBAH's stockholders, and is expected to occur in the fourth calendar quarter of 2021.
CBAH

Hot Stocks

06:31 EDT Altus Power announces combination with CBRE Acquisition Holdings
HUIZ

Hot Stocks

06:16 EDT Huize partners with Sungrow to launch cryopreservation service - Huize Holding announced that it has partnered with Sungrow to launch immune cell cryopreservation as a value-added healthcare service for eligible insurance customers. The immune cell cryopreservation technology is supported by BGI Cell, and refers to the use of advanced biotechnology to extract immune cells from a healthy human body to be preserved at temperatures below -196 degrees C. These dormant cells can be reactivated in the future and are valuable for anti-aging, tissue regeneration, immune regulation, and other disease treatments.
PK

Hot Stocks

06:13 EDT Park Hotels & Resorts expects to break-even at corporate level in June - The Company says it continues to witness encouraging improvements in demand, and now expects to break-even at the corporate level in June-an improvement from the $15M burn rate achieved in May. Occupancy at its 50 consolidated hotels increased from 32.6% in March to an estimated 49.8% in June, while reaching an estimated 59% for hotels opened for the entire month of June. Top performing markets during the month of June included Key West, 91.8% occupancy, Hawaii, 85.5%, and Southern California, 75.3%. Park also announced that the Company reopened the 1,544-room Hilton Chicago on June 10th, bringing its total open portfolio to 54 out of 57 hotels, accounting for 90% of the Company's total room count. The Company's three remaining suspended hotels are currently expected to reopen over the next several months as demand recovers. "I am incredibly pleased with our two upcoming dispositions in San Francisco, which are under contract at very attractive pricing, demonstrating the strong demand by institutional investors seeking high-quality hotels in urban markets," commented Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of Park. "The upcoming sales of these two assets highlight our unwavering commitment to reducing leverage and prudently allocating capital. Once these two dispositions are completed, we will have exceeded our stated goal of selling $300M-$400M of hotels in 2021, with our year-to-date disposition efforts totaling approximately $477M of gross proceeds. Operationally, we continue to witness strong demand trends across many of our core markets, while average RevPAR during the month of June exceeded 2019 levels at nearly 20% of our hotels within our consolidated hotel portfolio. Our portfolio's performance over the past two months, along with sequential improvement expected to continue into July, has accelerated our expectations to break-even at the corporate level."
PK

Hot Stocks

06:11 EDT Park Hotels & Resorts sells two San Francisco hotels for $303.5M - Park Hotels & Resorts announced that it has entered into two separate, definitive contracts to sell the 360-room Le Meridien San Francisco and the 171-room Hotel Adagio, Autograph Collection for total proceeds of $303.5M, or an average sale price of approximately $572,000 per key. When adjusted for Park's anticipated capital expenditures, the blended sale price represents a 6.1% capitalization rate on 2019 net operating income, or 14.4x 2019 EBITDA. Management currently expects each of the transactions to close within the next 60 days. Gross proceeds for the Le Meridien San Francisco are $221.5M, or approximately $615,000/key. Gross proceeds for the Hotel Adagio are $82M, or approximately $480,000/key. Following the sale of both hotels, Park's exposure to San Francisco will decrease by 210 basis points to 14.6% based on 2019 pro-forma Hotel Adjusted EBITDA. Net proceeds from the sales will be used to partially repay debt currently outstanding on its one remaining bank term loan. Pro forma for the repayments, the Company expects to have approximately $80M of corporate bank debt outstanding.
MUX

Hot Stocks

06:08 EDT McEwen Mining reports Q2 production 40,800 GEOs - McEwen Mining reports consolidated production for Q2 was 31,700 gold ounces and 611,800 silver ounces, or 40,800 gold equivalent ounces, or GEOs, compared to 19,200 GEOs in Q2 of FY20. Overall production from our operations is on track with our previously announced 2021 production guidance. Liquid assets as of June 30 were approximately $44M.
TPC

Hot Stocks

06:07 EDT Tutor Perini unit breaks ground on $152M courthouse in Santa Rosa - Tutor Perini announced that its subsidiary, Rudolph and Sletten, has received notice to proceed for a new courts facility for the Judicial Council of California in Santa Rosa, California. The new criminal courthouse is located on the Sonoma County Administration Center campus, north of downtown Santa Rosa. The site is just east of the Hall of Justice, on a cleared site where the Old Jail facility was located. Construction began in June, with completion anticipated in July 2023. The contract value is included in the company's second-quarter 2021 backlog.
TPC

Hot Stocks

06:06 EDT Tutor Perini unit breaks ground on $152M courthouse in Santa Rosa - Tutor Perini announced that its subsidiary, Rudolph and Sletten, has received notice to proceed for a new courts facility for the Judicial Council of California in Santa Rosa, California. The new criminal courthouse is located on the Sonoma County Administration Center campus, north of downtown Santa Rosa. The site is just east of the Hall of Justice, on a cleared site where the Old Jail facility was located. Construction began in June, with completion anticipated in July 2023. The contract value is included in the company's second-quarter 2021 backlog.
MUX

Hot Stocks

06:06 EDT McEwen Mining reports Q2 production 40,800 GEOs - McEwen Mining reports consolidated production for Q2 was 31,700 gold ounces and 611,800 silver ounces, or 40,800 gold equivalent ounces, or GEOs, compared to 19,200 GEOs in Q2 of FY20. Overall production from our operations is on track with our previously announced 2021 production guidance. Liquid assets as of June 30 were approximately $44M.
PEP

Hot Stocks

06:05 EDT PepsiCo extends restructuring initiatives - PepsiCo said: "To build on the successful implementation of the 2019 Productivity Plan to date, the Company announced an expansion and extension of this program through the end of 2026. The expansion of the program reflects further initiatives to leverage new technology and business models to further simplify, harmonize and automate processes; re-engineer our go-to-market and information systems, including deploying the right automation for each market; and simplify our organization and optimize our manufacturing and supply chain footprint. As a result, we are extending our target to deliver at least $1 billion in annual productivity savings through 2026. In connection with this effort, we now expect to incur pre-tax charges of approximately $3.15 billion, including cash expenditures of approximately $2.4 billion, as compared to our previous estimate of pretax charges of approximately $2.5 billion, which included cash expenditures of approximately $1.6 billion."
PEP

Hot Stocks

06:04 EDT PepsiCo reports Q2 organic revenue growth 12.8%
HITI

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06:04 EDT High Tide to acquire Regina retail portfolio for C$2.9M - High Tide is pleased to announce that it has entered into a share purchase agreement with the shareholders of 102105699 Saskatchewan Ltd., pursuant to which High Tide will acquire all issued and outstanding shares of the corporation for C$2.9M. As a result of the Transaction, High Tide will acquire a portfolio of six retail cannabis locations in Regina, Saskatchewan, out of which one is operational and five are in various stages of construction and development and are all expected to be operational by the end of 2021.
RERE

Hot Stocks

06:03 EDT AiHuiShou responds to China 14th Five-Year Plan for Circular Economy Development - AiHuiShou announced its response to the 14th Five-Year Plan for Circular Economy Development released by the National Development and Reform Commission, or NDRC. The company pursues its mission "to give a second life to all idle goods," supporting the development of a circular economy. The company said, "As of March 31, 2021, the Company had donated pre-owned iPads procured from AHS Recycle worth over RMB0.6 million in value to elementary schools in rural areas to support local education, helping tens of thousands of students. On July 7, the NDRC pointed out that in this new stage of development, China must develop a circular economy by establishing a resource-recycling industrial system and a recycling system for discarded goods. This plan encourages the development of the online pre-owned transaction model, strengthens the management responsibilities of internet trading platforms, tightens the supervision of transactions, and encourages platforms to introduce third-party pre-owned transaction merchants. In addition, the plan highlights the importance to establish and improve the standards for identification, evaluation, and classification of pre-owned products such as vehicles, household appliances, and mobile phones to improve regulation and standardize the circulation and transactions for pre-owned goods. As an environmentally friendly company contributing to the recycling of pre-owned consumer products, ATRenew serves as an example for companies focused on environmental, social, and governance (ESG) criteria. The Company commits to the research and development of user data removal technology to ensure user privacy, extends the lifecycle of electronic products to reduce carbon emissions and environmental pollution, and improves the supply chain capabilities for pre-owned electronic devices to promote the sustainability and standardization of the industry. Currently, the company's business lines include AHS Recycle (China's leading online and offline offering for recycle and trade-in services primarily for reuse), PJT Marketplace (China's leading B2B marketplace for trading electronic products and services), and Paipai Marketplace (a retail marketplace for pre-owned products of certified quality) and AHS Device (the Company's international portal for pre-owned consumer electronics). Through the combination of AHS Recycle, PJT Marketplace, and Paipai Marketplace, ATRenew transacts with consumers and merchants on both the supply and demand side, integrating C2B, B2B, and B2C capabilities to cover the entire pre-owned consumer electronics value chain. ATRenew obtains pre-owned consumer electronics, processes the devices for resale through its proprietary inspection, grading, and pricing technologies at its operation centers, then distributes the processed devices to a variety of purchasers. By setting new industry standards, the Company makes transactions and services for pre-owned consumer electronics more user-friendly, standardized, and efficient. The number of consumer products transacted on the Company's platforms reached 23.6 million in 2020. These products were primarily consumer electronics, approximately 67.7% of which were mobile phones. According to the China Insights Consultancy, an independent research firm commissioned by the Company, China's pre-owned consumer electronics transactions and services market by total number of devices transacted to merchants and consumers is expected to grow at a compound annual growth rate of 23.7% from 2020 to 2025 and is forecasted to reach 545.8 million units by 2025. Currently, the penetration rate of consumer electronic devices relative to number of consumer electronic devices in circulation, which is calculated as: number of unique traded pre-owned devices divided by total number of devices in circulation, is still as low as 3.7% in 2020, implying significant growth potential."
EGBN

Hot Stocks

06:03 EDT Eagle Bancorp appoints Joseph Clarke as COO - EagleBank announced the appointment of Joseph "Joe" Clarke as Executive Vice President and COO. A seasoned executive with over two decades of banking industry experience, Clarke has served as Deputy COO of EagleBank since December 2020. As COO, Joe will lead and execute EagleBank's strategy in the areas of Banking Operations, Digital Banking, Community Banking, Residential Lending, and Information Technology. Joe will report directly to CEO Susan Riel. Joe brings over 27 years of banking industry experience and first joined EagleBank in 2008 through the merger with Fidelity & Trust Bank. Previously, Clarke held various operational and sales roles at EagleBank including Chief Deposit Sales Officer, Chief Deposit & Treasury Services Officer, Strategic Initiatives Officer, Assistant to the COO and Retail Banking Manager. In addition to representing the Bank as a Board Member of the Maryland Bankers Association, Joe is a member of EagleBank's Diversity, Equity & Inclusion Council and was named a Next Generation Leader by the Maryland Bankers Association. Joe is very active in the local Washington, DC community and serves as Board Chair for Hope Connections for Cancer Support.
AMZN

Hot Stocks

06:01 EDT Amazon.com pledges to hire 100,000 U.S. veterans and military spouses by 2024 - Amazon announced plans to hire over 100,000 U.S. veterans and military spouses by 2024. Amazon currently employs over 40,000 veterans and military spouses across multiple businesses-from Operations to Alexa to Sustainability to Amazon Web Services-and they all receive a starting wage of at least $15 per hour and have access to comprehensive benefits. The company expects that through this pledge, it will hire over 16,000 military spouses.
PBA BAM

Hot Stocks

05:29 EDT Pembina Pipeline announces ASC confirmation of break fee that may be paid by IPL - Pembina Pipeline (PBA) announced that the Alberta Securities Commission, or ASC, has dismissed, in its entirety, Brookfield's (BAM) application to terminate Pembina's proposed plan of arrangement with Inter Pipeline and has upheld the break fee that may be paid by IPL to Pembina under that arrangement in certain circumstances. The ASC also determined that Brookfield's Total Return Swaps in connection with Brookfield's hostile take-over bid to acquire all of the outstanding common shares of IPL requires additional disclosure and required that a higher minimum tender threshold must be satisfied in connection with Brookfield's bid. The ASC's decision was provided orally to the parties, with written reasons to follow. The ASC dismissed, in its entirety, Brookfield's application to cease trade, or terminate, both the proposed acquisition by Pembina of all of the Inter Pipeline Shares pursuant to a plan of arrangement of Inter Pipeline and Inter Pipeline's shareholder rights plan, as well as Brookfield's application to restrain the payment by Inter Pipeline to Pembina of the $350M break fee payable in certain circumstances as agreed to by the parties in connection with the Pembina arrangement. As a result, the rights plan, which was adopted by Inter Pipeline on March 31 and treats the TRS Shares as beneficially owned by Brookfield, will remain in place until after the conclusion of the Inter Pipeline shareholders' meeting to be held to consider the approval of the Pembina arrangement, currently scheduled for July 29 and will prevent Brookfield from acquiring or controlling over 20% of the Inter Pipeline shares, including the TRS Shares that represent approximately 9.9% of the outstanding IPL Shares. The ASC ordered that Brookfield is required to make additional public disclosure, in a formal amendment to Brookfield's take-over bid documents, of the material terms of a series of cash-settled share swap transactions for approximately 9.9% of the issued and outstanding common shares of IPL. The TRS Shares provided Brookfield with an economic interest in the common shares of Inter Pipeline that is in addition to the 9.75% of issued and outstanding Inter Pipeline shares that Brookfield and its affiliates had acquired directly. The ASC determined that Brookfield's failure to make clear disclosure of the fact that the swap counterparty was an affiliate of their financial advisor and other terms of the total return swaps in the take-over bid circular filed in respect of the Brookfield Bid deprived IPL shareholders of material information that was necessary for them to determine whether to tender their IPL Shares to the Brookfield bid. The ASC ordered that the Brookfield Bid will be subject to a modified minimum tender condition, such that - instead of the statutory requirement of 50% - at least 55% of the IPL Shares held by persons other than Brookfield and its joint actors must be tendered to the Brookfield Bid in order for Brookfield to be permitted to take up any IPL Shares under the bid.
MCFE V

Hot Stocks

05:19 EDT McAfee announces security solutions partnership with Visa - McAfee (MCFE) announced a new partnership with Visa (V) that enables Visa financial institution partners in North America and EMEA to internet security to Visa Business cardholders. Visa Business cardholders can save up to 40% on a two-year subscription on comprehensive McAfee solutions that protect sensitive data via email, provide web and firewall protection, offer mobile VPN, and safeguard devices from malware and the latest online threats.
HCM AZN

Hot Stocks

05:17 EDT Hutchmed reports first commercial sale of Orpathys is China, triggers milestone - Hutchmed (HCM) announced the first commercial sale in China of Orpathys, Hutchmed's oral, potent, and highly selective small molecule inhibitor of MET, a receptor tyrosine kinase, which occurred on July 12. This follows less than three weeks after the June 22 approval of Orpathys in China for the treatment of patients with locally advanced or metastatic non-small cell lung cancer, or NSCLC, with MET exon 14 skipping alterations who have progressed following prior systemic therapy or are unable to receive chemotherapy. Under the terms of the license and collaboration agreement between Hutchmed and AstraZeneca (AZN), a $25M non-creditable and non-refundable milestone payment is triggered by the first commercial sales of Orpathys in China. Hutchmed is responsible for the clinical development, marketing authorization, manufacturing and supply of Orpathys in China, while AstraZeneca (AZN) is responsible for its commercialization for which it will pay Hutchmed fixed royalties of 30% based on all China sales.
NOK

Hot Stocks

05:13 EDT Nokia expected to raises FY21 guidance range - Nokia is providing an update to its financial guidance for FY21. In Q2 Nokia saw continued strength in the business, improving its expectations for the full year. Nokia now expects to revise upwards its prior outlook ranges for 2021. Nokia plans to provide full details on its second quarter and half-year financial performance and revised FY21 guidance on July 29. "We are progressing well with our three-phased plan to achieve sustainable, profitable growth and technology leadership laid out at our Capital Markets Day in March. Our first half performance has shown evidence of this in good cost control and also benefited from strength in a number of our end markets. We continue to expect some headwinds in the second half as we have previously highlighted but our performance in the first half provides a good foundation for the full year," said Pekka Lundmark, Nokia president and CEO.
CMAX

Hot Stocks

05:08 EDT CareMax enters exclusive senior affordable housing agreement with Related - CareMax has entered into an exclusive advisory agreement with an affiliate of Related, one of the largest private owners of affordable housing in the United States. Under the terms of the agreement, Related will advise CareMax on opening new medical centers nationwide, including but not limited to within and proximate to affordable housing communities that may be owned by Related. Related's nearly 50 year history of serving historically underserved neighborhoods has created relationships with community leaders, government agencies, social service providers, and other affordable housing developers. In addition, the program will target neighborhoods where commercial real estate has struggled in recent years leading to closed storefronts and landlords seeking high credit quality tenants such as CareMax that community stakeholders are likely to embrace. The new centers will be operated by CareMax or its affiliates. As a result of this transaction, CareMax is accelerating the speed and geographies in which it plans to open new medical centers, and projects at least 15 new centers in 2022, approximately 25 new centers in 2023 and approximately 35 new centers in 2024. CareMax believes that this pace can continue to accelerate in subsequent years. The initial three medical centers that CareMax plans to open as part of this agreement with Related will be located in the Bronx Terminal Market in Bronx, New York and Ocean Park Apartments in Far Rockaway, New York, both owned by Related, as well as on 106th Street and 3rd Avenue in East Harlem, New York, which is owned by a third party and was identified by Related. Openings of these medical centers are planned for 2022. As part of the agreement, Related has purchased $5M of Class A common stock from CareMax at a price of $10 per share, and has received warrants to purchase up to 8M additional shares of CareMax Class A common stock at $11.50 per share. The warrants are or will become exercisable in connection with the opening of new medical centers for which Related has provided services; 6M of the warrants are subject to redemption at $18.00 in line with CareMax's existing public warrants. The agreement is exclusive as to Related's advisory services and has a term of 12 years. Bryan Cho, executive VP at Related, will join the CareMax board of directors