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

PATH

Hot Stocks

20:32 EDT Cathie Wood's ARK Investment bought 576.8K shares of UiPath today
DKNG

Hot Stocks

20:30 EDT Cathie Wood's ARK Investment bought 604K shares of DraftKings today
ZM

Hot Stocks

20:29 EDT Cathie Wood's ARK Investment bought 133.3K shares of Zoom Video today
RMCF

Hot Stocks

20:25 EDT Rocky Mountain Chocolate announces CEO transition - The company states: "Rocky Mountain Chocolate Factory announced a continued commitment to accelerate corporate governance and leadership changes in response to discussions with it shareholders and as the Company continues its efforts to navigate out of the pandemic. With the recent appointment of Rahul Mewawalla, an independent director, to the Board in June 2021 and other Board refreshment over the last two years, the Board further commits to additional Board refreshment by replacing one of the Board's current, legacy members with a new, independent director with experience and expertise to further assist the Company with executing its long-term strategy, at or before the Company's 2021 annual meeting. These and prior changes will result in a refreshment of a majority of the Board over the last two years, all of whom are independent. The Board is also committed to separating the roles of Chairperson of the board and CEO of the Company. The Board believes that separating the roles and appointing an independent director as Chairperson of the Board will further enhance the Company's corporate governance structure."
CRM

Hot Stocks

18:47 EDT Salesforce CEO: More of our employees will work from home going forward - In an interview on CNBC's Mad Money, Marc Benioff said about 50%-60% of Salesforce's employees will work from home post-pandemic, as opposed to 20% previously.
ALDX

Hot Stocks

18:09 EDT Aldeyra's Methotrexate granted orphan drug designation from FDA - The U.S. Food and Drug Administration has granted Aldeyra Therapeutics' methotrexate Orphan designation for the treatment of retinitis pigmentosa. The treatment has not been approved by the FDA for an Orphan Indication. Reference Link
EGO

Hot Stocks

18:02 EDT Eldorado Gold acquires over 15M shares of Probe Metals - Eldorado Gold announces that it acquired 15,041,746 common share of Probe Metals at a price of $1.575 per share for an aggregate purchase price of $23,690,749.95. Prior to such acquisition, Eldorado did not own any shares of Probe and following such acquisition, Eldorado owns 11.5% of the outstanding Shares of Probe. The shares were acquired pursuant to a private transaction. Eldorado advises that the securities have been acquired for investments purposes. Eldorado may, depending on the market and other conditions, increase or decrease its beneficial ownership of Probe's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.
NEXA

Hot Stocks

17:57 EDT Nexa Resources reports Q2 exploration results - Nexa Resources provided drilling and assay results from Q2. Nexa's Mineral Exploration program for 2021 comprises a total of 111,000 meters of exploratory drilling, of which 26,533 meters were executed in Q2, totaling 44,404 meters of exploratory drilling in 1H21. In Peru, 23,131 meters were drilled in Q2. At the Pasco Complex, the exploration was focused at El Porvenir with thick and high grade new intersections. At Cerro Lindo, drilling has remained focused on expanding the new VMS discovery at the site and near mine underground ore body expansion. In Brazil, 2,785 meters of exploratory drilling was executed, totaling 7,555 meters in 1H21. At Aripuana, exploratory drilling has been focused on northwest extension at Babacu and new drilling continues to confirm a high-grade mineralization area. In Namibia, 617 meters were drilled in Q2, totaling 2,851 meters in 1H21. Exploratory drilling was focused on exploratory targets at the Otavi and Namibia North projects.
MMM

Hot Stocks

17:44 EDT 3M, co-defendants resolve Hoosick Falls class action - The company states: "Certain parties in the Baker, et al., lawsuit, a putative class action in Hoosick Falls, New York, related to the presence of PFOA in drinking water, have reached an agreement to resolve litigation among the settling parties, including 3M. The agreement resolves claims on behalf of the proposed classes without the need for further lengthy and expensive litigation. Through the agreement, 3M, Saint-Gobain and Honeywell will collectively contribute a fixed total amount of $65.25 million to resolve the plaintiffs' claims on behalf of themselves and the proposed classes. Individual contributions among the parties will remain confidential under the agreement. 3M's contribution to the total amount is reflected in the company's existing financial reserves for litigation contingent liabilities as previously disclosed in its quarterly report."
PSN

Hot Stocks

17:29 EDT Parsons awarded maximum $953M Air Force contract - Parsons has been awarded a ceiling $953M indefinite-delivery/indefinite-quantity contract for U.S. Air Forces in Europe - Air Forces Africa, or USAFE-AFAFRICA, Air Base Air Defense services. This contract provides the USAFE-AFAFRICA with a layered base defense capability. This capability will be employed across various sites within the area of responsibility. Work will be performed at various locations throughout Europe and Africa and is expected to be completed July 20, 2031. This award is the result of a competitive acquisition with five offers received. FY21 operation and maintenance funds in the amount of $2.83M will be obligated via the first task order, which will be awarded with the basic contract. The 764th Enterprise Sourcing Squadron is the contracting activity.
PAX

Hot Stocks

17:24 EDT Patria Investments granted two toll road concession contracts in Colombia - Patria Investments announced the successful bid of Malla Vial del Valle - Rutas del Valle - and completed transfer of Santa-Mocoa-Neiva - Ruta al Sur -, two toll road projects concessioned by Colombia's National Infrastructure Agency, becoming the fourth and fifth toll roads managed by Patria's infrastructure funds. Patria Infrastructure Fund IV is committing up to $345M to these two investments in Colombia. The Rutas del Valle project is a concession for a 356km toll road network, surrounding the city of Cali. Colombia's third largest city, and is the first project of the 5G Toll Road Colombian PPP program. Patria's Infrastructure Fund IV will commit equity of approximately $115M to the project. This investment presents a relatively low-complexity capex obligation of nearly $440M over the next 5-6 years. The Ruta al Sur project is a concession of a 484km toll road in the southeast part of Colombia between the cities of Neiva and Santana. southern border near Ecuador. Over the next 4 years Patria will carry out road improvement works estimated at nearly $700M, and Patria Infrastructure IV's equity commitment to this project is approximately $230M. Ruta al Sur has revenues based on government sponsored annuities and traffic guarantee.
NDAQ GS

Hot Stocks

17:23 EDT Nasdaq announces $475M accelerated share repurchase program - Nasdaq (NDAQ) announced that it has entered into an accelerated stock repurchase agreement with Goldman Sachs & Co.(GS) to repurchase $475M of the company's common stock. The ASR was entered into pursuant to the company's share repurchase program, under which $1.46B remained available as of July 21. Under the ASR agreement, the company will make an initial payment of $475M to Goldman Sachs and will receive an initial delivery of 2,039,940 shares of the company's common stock on July 23. The final number of shares to be repurchased will be based on the volume-weighted average price of the company's common stock during the term of the ASR, less a discount and subject to adjustments pursuant to the terms of the ASR. The final settlement of the ASR is expected to be completed in the fourth quarter.
ACAD

Hot Stocks

17:10 EDT Acadia Pharmaceuticals jumps over 3% to $24.50 after pimavanserin data
ACAD

Hot Stocks

17:08 EDT Acadia Pharmaceuticals phase 3 trial of pimavanserin met primary endpoint - The company states: "Acadia Pharmaceuticals announced that the New England Journal of Medicine published results from the Phase 3 HARMONY study, an international, double-blind, placebo-controlled relapse prevention trial in 392 patients evaluating pimavanserin as an investigational treatment in patients with hallucinations and delusions associated with dementia-related psychosis, or DRP. The study included patients across five subgroups of dementia: Alzheimer's disease, dementia with Lewy bodies, frontotemporal dementia, Parkinson's disease dementia, and vascular dementia. The HARMONY study was stopped early due to positive efficacy at the pre-planned interim analysis upon recommendation of the trial's independent data safety monitoring board. HARMONY met its primary endpoint by significantly reducing the risk of relapse of psychosis by 2.8 fold compared to placebo in the double-blind period. The study also met its secondary endpoint by significantly reducing the time to trial discontinuation for any reason. The data from the HARMONY study demonstrates that patients with DRP who had responded to pimavanserin had a significantly lower risk of relapse of psychosis with continuation of pimavanserin compared to placebo up to 26 weeks. Pimavanserin was well-tolerated over the nine-month study duration. In a pre-specified analysis, pimavanserin was not associated with a decline in cognition as measured by Mini-Mental State Examination or the onset or worsening of motor symptoms as measured by Extrapyramidal Symptom Rating Scale A."
T

Hot Stocks

17:05 EDT AT&T to sell Vrio operations to Grupo Werthein - Grupo Werthein and AT&T announced that Grupo Werthein has reached an agreement to acquire AT&T's Vrio Corp. business unit. Grupo Werthein is a private holding company that has been doing business in Latin America and internationally for more than 100 years and has extensive experience in telecommunications, finance, insurance, agribusiness and real estate. Grupo Werthein has agreed to acquire, subject to customary closing conditions, 100% of the equity in Vrio, a digital entertainment services company with 10.3M subscribers across 11 countries in Latin America and the Caribbean. In contemplation of this transaction, AT&T classified Vrio as held-for-sale at June 30 and reported the asset group at fair value less cost to sell, which resulted in an impairment of $4.6B including $2.1B related to accumulated foreign currency translation adjustments. The companies expect the transaction to close in early 2022.
CSX

Hot Stocks

16:53 EDT CSX reports Q2 operating ratio 43.4% vs. 63.3% last year
TXN

Hot Stocks

16:52 EDT Texas Instruments falls over 4% to $186 per share after Q2 earnings, Q3 guidance
POSH

Hot Stocks

16:43 EDT Point72 Asset Management reports 5.7% passive stake in Poshmark - Point72 Asset Management disclosed a 5.7% stake in Poshmark, which represents over 883K shares. The filing does not allow for activism. Shares of Poshmark are up 2.2% at $42.85 after-hours.
ALGN

Hot Stocks

16:43 EDT Align Technology opens new facilities in Petach Tikva, Israel - Align Technology announced that it has opened its new facilities atop one of the three high-rise buildings that make up the "Global Towers" in Petach Tikva, Israel. The company will relocate employees from its current location in Or Yehuda. The move follows the purchase of the top nine floors of the building for $51.4M, as previously disclosed in Align's Form 10-Q for the first quarter ended March 30, 2020. Founded in Israel over 25 years ago, Align's iTero systems and services business is responsible for the design and development of the iTero portfolio of intraoral scanners, imaging systems and services. The new office space in Petach Tikva comprises 14,140 square meters and will seat approximately 700 employees on-site.
SSNC

Hot Stocks

16:39 EDT SS&C enters joint venture for cloud-based API-driven claims adjudication - SS&C has entered into a joint venture to create a new cloud-native, API-driven claims adjudication platform. Upon completion and the receipt of all approvals, the joint venture, named DomaniRx, will aim to shape the future of Pharmacy Benefit Management and harmonize the payer and provider management user experience. DomaniRx's reimagined claims adjudication platform will leverage SS&C's technology capabilities and reside on SS&C's private cloud.
MDH

Hot Stocks

16:38 EDT Olive.com to go public via business combination with MDH Acquisition - PayLink Direct and Olive.com, affiliated businesses and leaders in payment services and online vehicle protection plans, today announced that they will go public in a business combination with MDH Acquisition Corp. The new public company, Olive.com, will be a combination of two growth platforms: Olive.com's current digital vehicle protection plan platform and PayLink Direct's current payment services operation. Upon completion of the business combination, CEO Rebecca Howard will become CEO of the new public company and MDH's Executive Chairman, Franklin McLarty, a proven business builder with deep experience in the automotive and transportation sectors, will become its Chairman. Upon the close of the proposed transaction, the combined company will be named Olive Ventures Holdings, Inc. and be called Olive.com. It will be listed on the NYSE under the ticker symbol "OLV." The proposed transaction values Olive.com at an initial pro-forma enterprise value of approximately $960M. Following the completion of the business combination, the cash in trust and the investment from PIPE investors will allow Olive.com to expand.
IGT

Hot Stocks

16:37 EDT International Game implementing cashless payment at three California casinos - International Game signed an agreement to implement its Resort Wallet cashless solution and its proprietary IGTPay full-service funding solution at all three Agua Caliente Casinos in California. This deployment of Resort Wallet in combination with the IGTPay solution will give patrons mobile access to funds from all available types of external sources, which can include credit and debit cards, bank accounts, and eWallets. This can reduce contact with cash. Agua Caliente Casinos is scheduled to implement the full suite of IGT's Resort Wallet modules in 2021.
DFS

Hot Stocks

16:35 EDT Discover says higher Payment Services revenue driven by $729M one-time gain - Digital Banking pretax income of $1.5 billion for the quarter was $2.0 billion higher than the prior year period primarily driven by a decrease in the provision for credit losses and higher revenue net of interest expenses, partially offset by higher operating expenses. Total loans ended the quarter at $87.7 billion, down 1% year-over-year, but up 2% sequentially. Credit card loans ended the quarter at $68.9 billion, down 2% year-over-year. Personal loans decreased $451 million, or 6%, and private student loans increased $134 million, or 1%, year-over-year. The organic student loan portfolio, which excludes purchased loans, increased $386 million, or 4% from the prior year period. Payment Services pretax income was $692 million, up $669 million year-over-year. Higher revenue was driven by a $729 million one-time gain on an equity investment. This was partially offset by a $92 million intangible impairment in our Diners business due to global T&E spend remaining below pre-pandemic levels. The prior year quarter included a $59 million intangible impairment charge in our Diners business related to the steep decline in T&E spend.
HD...

Hot Stocks

16:35 EDT Home Depot, Google Cloud expand partnership - Google Cloud (GOOG, GOOGL)and The Home Depot (HD) have extended their multi-year cloud partnership to expand on the retailer's digital transformation and provide customers with enhanced shopping experiences by blending physical and digital environments. As one of the first major retailers to migrate its website to the cloud, The Home Depot has built upon Google Cloud's expertise in infrastructure, artificial intelligence, machine learning, and data analytics to enrich customer experiences no matter how they choose to shop-in-store, online, or on mobile devices.
KALU

Hot Stocks

16:34 EDT Kaiser Aluminum sees long-term value added revenue approaching $2B - "With a diversified portfolio and strong secular growth trends in each of our end markets, we plan to invest in several strategic growth initiatives," said Mr. Harvey. "In packaging, we plan to meet the rapidly increasing needs of our customers with a series of strategic investments backed by strong, long-term contracts reflecting significant margin improvement facilitated by the current market environment, improved efficiencies and expected synergies. The initial investment of $150 million at our Warrick facility will be for an additional roll coat line that is expected to be qualified and operational by early 2024, with other investments to follow as we continue to evaluate customer demand requirements. In addition, as end market demand further improves we expect to proceed with the previously discussed $225 million, Phase VII expansion project at our Trentwood facility, which will increase capacity approximately 25% to meet the needs of our flat-rolled aerospace and general engineering customers well into the remainder of this decade, while further enhancing product quality and improving efficiencies. Finally, smaller capital investments of approximately $25 million will further enhance our ability to support growth in automotive and general engineering long products. We anticipate the total $400 million of growth focused capital spending will occur over the next several years, funded by a combination of our operations and strong balance sheet. As we look forward, with the expected recovery rates of our end markets and the planned strategic investments, we will be well-positioned over the longer-term to deliver value added revenue approaching $2.0 billion with a mid to high 20% adjusted EBITDA margin," concluded Harvey.
PAG

Hot Stocks

16:33 EDT Penske Automotive raises quarterly dividend 2.3% to 45c per share - The dividend is payable September 1 to shareholders of record on August 10.
TLRY

Hot Stocks

16:33 EDT Glass Lewis recommends Tilray holders vote for all company's proposals - Tilray announced that Glass Lewis, an independent provider of proxy research and vote recommendations to the investment community, has joined the other major independent proxy research firm, ISS, in recommending that Tilray shareholders vote "FOR" the company's proposals at Tilray's Special Meeting of Stockholders to be held on July 29, 2021. "We are pleased that the two major independent proxy advisory firms both agree that shareholders should support all of the proposals on the agenda for the upcoming Special Meeting of shareholders," said Irwin D. Simon, Tilray's Chairman and Chief Executive Officer. "Proposal 1, in particular, is a critical part of our strategy to capture market share and drive profitable growth. Glass Lewis' endorsement affirms our conviction that Proposal 1 is in the best interest of our shareholders."
BXS

Hot Stocks

16:32 EDT BancorpSouth reports Q2 adjusted EPS 86c, consensus 67c - The net interest margin, excluding accretable yield, was 2.94% for the second quarter of 2021, compared with 3.30% for the second quarter of 2020 and 3.08% for the first quarter of 2021.
PFE

Hot Stocks

16:31 EDT FDA tells Pfizer it won't meet PDUFA goal dates for abrocitinib, Xeljanz filings - Pfizer announced that the U.S. Food and Drug Administration has notified the company that it will not meet the Prescription Drug User Fee Act goal dates for the New Drug Application for abrocitinib for the treatment of adults and adolescents with moderate to severe atopic dermatitis and the supplemental New Drug Application for XELJANZ/XELJANZ XR for the treatment of adults with active ankylosing spondylitis. The FDA cited its ongoing review of Pfizer's post-marketing safety study, ORAL Surveillance, evaluating tofacitinib in rheumatoid arthritis patients, as a factor for the extensions. "We remain confident in the benefit-risk profiles of abrocitinib and XELJANZ, both of which have been demonstrated in robust clinical trial programs," said Michael Corbo, PhD, Chief Development Officer, Inflammation & Immunology, Pfizer Global Product Development. "For people who are suffering with moderate to severe atopic dermatitis or active ankylosing spondylitis, many have limited treatment options. We look forward to hearing from the FDA as we work to bring these important potential treatment options to the appropriate patients."
FISV

Hot Stocks

16:29 EDT Fiserv Integrates e-commerce solutions into portfolio in Mexico - Fiserv announced the integration of a cutting-edge fraud prevention solution into its e-commerce payment gateway to reduce the fraud-related chargeback risk for Mexico's online commerce. The Vesta fraud prevention platform helps secure online payment transactions, reduces the decline rate, and includes a "Zero Chargeback Guarantee."
SWK

Hot Stocks

16:28 EDT Stanley Black & Decker raises quarterly dividend 13% to 79c from 70c per share - This marks the 54th consecutive annual dividend increase for the company. The dividend is payable on Tuesday, September 21 to shareholders of record as of the close of business on Tuesday, September 7.
GGG

Hot Stocks

16:24 EDT Graco sees FY21 organic revenue growth in mid-to-high teens - The company states: "We are initiating an outlook for the full-year 2021 of mid-to-high teen sales growth on an organic, constant currency basis, with growth expected in every region and reportable segment. Demand levels in the Industrial and Process segments remain strong across major end markets and product categories. Our outlook for the Contractor segment remains positive as favorable conditions continue, however comparisons in the second half will be challenging."
DFS

Hot Stocks

16:23 EDT Discover approves repurchase of up to $2.4B of common stock, raises dividend - The Discover board of directors has approved a new $2.4B share repurchase program and increased the quarterly common stock dividend to 50c from 44c per share. The new share repurchase program spans three quarters through March 31, 2022, replaces the prior program, and may be terminated at any time. The company expects to make share repurchases from time to time subject to the company's capital plan, market conditions and other factors, including legal and regulatory restrictions and required approvals. The quarterly cash dividend of 50c per share of common stock is payable on September 2 to holders of record at the close of business on August 19.
DFS

Hot Stocks

16:22 EDT Discover approves new $2.4B share buyback, raises dividend to 50c per share - The Board of Directors has approved a new $2.4 billion share repurchase program and increased the quarterly common stock dividend from $0.44 to $0.50 per share. The new share repurchase program spans three quarters through March 31, 2022, replaces the prior program, and may be terminated at any time. The company expects to make share repurchases from time to time subject to the company's capital plan, market conditions and other factors, including legal and regulatory restrictions and required approvals.
WLL

Hot Stocks

16:20 EDT Whiting Petroleum to acquire Williston Basin asset, divest Colorado asset - Whiting Petroleum Corporation announced that it has entered into separate definitive agreements to acquire oil and gas assets in the Williston Basin of North Dakota and divest of all its oil and gas assets in the Denver-Julesburg Basin of Colorado. The Williston Basin assets are being acquired from a private company for total cash consideration of $271 million, before typical closing adjustments. The assets include 8,752 net acres with net daily production of approximately 4,200 barrels of oil equivalent per day (BOE/d) (80% oil); 5 gross/ 2.3 net drilled and uncompleted wells; and 61 gross / 39.5 net undrilled locations (100% operated) located in Mountrail County, North Dakota. These properties adjoin and complement Whiting's existing operations in the Sanish field and will require minimal additional general and administrative costs. These top-tier locations immediately compete for capital within the Company's existing portfolio and will allow Whiting to increase capital efficiency by extending laterals on certain wells when combined with its existing acreage. Whiting also entered into an agreement to divest its Redtail assets, including associated midstream assets, located in Weld County, Colorado to a private entity for total cash consideration of $187 million, before typical closing adjustments. The assets span 67,278 net acres with daily production of approximately 7,100 BOE/d (51% oil). Both transactions are expected to close in the third quarter of 2021 with the difference in acquisition costs and divestiture proceeds funded with existing availability on the Company's revolver.
USDP

Hot Stocks

16:19 EDT USD Partners raises quarterly distribution 2.2% to 11.6c per unit - USD Partners LP announced that the Board of Directors of its general partner declared a quarterly cash distribution of 11.6c per unit for the second quarter of 2021, or 46.4c per unit on an annualized basis, representing an increase of 0.25c per unit, or 2.2% over the distribution declared for the first quarter of 2021. The distribution is payable on August 13, 2021, to unitholders of record at the close of business on August 4, 2021.
CBU

Hot Stocks

16:17 EDT Community Bank System raises quarterly dividend by 2.4% to 43c per share - The dividend will be payable on October 8, 2021 to shareholders of record as of September 15, 2021.
BAC

Hot Stocks

16:17 EDT Bank of America raises quarterly dividend by 17% to 21c per share - The dividend is payable on September 24, 2021 to shareholders of record as of September 3, 2021.
CROX

Hot Stocks

16:17 EDT Crocs commits to becoming net zero company by 2030 - Crocs announced a commitment to becoming a net zero company by 2030. To achieve its 2030 goals, Crocs is taking a strategic focus on sustainable ingredients and packaging, as well as investments in resource use and product afterlife solutions. By the end of 2021, Crocs will be a 100% vegan brand. Currently, Crocs is finalizing its approach to a more sustainable bio-based Croslite material, the predominant material in its footwear. 85% of all Crocs shoes were sold without boxes in 2020 and Crocs will continue to explore sustainable alternatives for all other elements of its packaging. Crocs donates thousands of pairs of unsold shoes to those in need. The brand is also working on ways to give Crocs shoes a second life through consumer-led donations, recycling and re-commerce programs. Currently, 45% of all Croslite material production scrap is recycled. Crocs will continue to explore ways to minimize its impact, including transitioning to renewably sourced energy in its offices and distribution centers. Crocs will publish an annual ESG report in early 2022.
KKR

Hot Stocks

16:15 EDT KKR acquires Teaching Strategies, terms not disclosed - KKR announced that KKR has agreed to acquire Teaching Strategies, a provider of curriculum, assessment and family engagement tools to the early childhood education market, from global growth investor Summit Partners. Financial details of the transaction were not disclosed.
CVLG

Hot Stocks

16:14 EDT Covenant Logistics sees managed freight segment's margins in mis-single digits - "For the balance of 2021, our short-term focus will be to continue to improve the profitability of our Dedicated segment and continue working to solidify longer term agreements with certain of our key Expedited and Brokerage customers. Thus far, we have been successful. The freight environment and our new business pipeline are both currently robust, which we believe will support our commercial plan. Potential headwinds include inefficiencies from re-engineering or replacing certain contracts, driver availability and cost, accident experience, the cost and volatility of claims, general inflation, and supply and demand factors for our customers and our industry. At present, we expect to continue to make steady, incremental progress on our Dedicated segment's margins over the remainder of 2021. "Over time, we expect our Managed Freight segment's margin to gravitate toward the mid-single digits and Dedicated to gravitate toward the mid to high single digits and ultimately double digits. Directionally the margin changes may offset each other to some extent as the freight and driver markets return to more balanced levels. "For the longer term, we expect to continue the execution of our strategic plan, which consists of steadily and intentionally growing the percentage of our business generated by Dedicated, Managed Freight, and Warehousing segments, reducing unnecessary overhead, and improving our safety, service, and productivity. This will be a gradual process of diversifying our customer base with less seasonal and cyclical exposure, implementing more consistent contracts, and investing in systems, technology, and people to support the growth of these previously under-invested areas. With diligence and accountability, we expect to make consistent progress and be a stronger, more profitable, and more predictable business with the opportunity for significant and sustained value creation."
HRTX

Hot Stocks

16:14 EDT Heron Therapeutics' Zynrelef shows pain reduction in published trial - Heron Therapeutics announced the online publication of new analysis evaluating the efficacy and safety of Zynrelef - bupivacaine and meloxicam - extended-release solution in adults aged 65 years and older undergoing bunionectomy and hernia repair from the Phase 3 EPOCH 1 and EPOCH 2 studies. The analysis, published in the peer-reviewed journal Pain Management, showed that 58% of bunionectomy and 87% of hernia repair patients aged 65 years and older receiving Zynrelef required no opioids to manage their postoperative pain through 72 hours following surgery. Further, throughout the 72-hour period, the mean pain intensity never rose above the mild range. Zynrelef is an extended-release solution of bupivacaine and meloxicam that is indicated in adults for soft tissue or periarticular instillation to produce postsurgical analgesia for up to 72 hours after bunionectomy, open inguinal herniorrhaphy, and total knee arthroplasty. Zynrelef was well tolerated in patients 65 years and older, with a safety profile similar to that for bupivacaine. The safety was also similar to patients aged younger than 65 years and to the overall populations in the Phase 3 studies. No local anesthetic systemic toxicity events occurred and serious adverse events were rare with none considered related to Zynrelef.
HRTG

Hot Stocks

16:13 EDT Heritage Insurance sees Q2 net catastrophe losses of $24.5M - Heritage announced that it expects to incur approximately $24.5M of net current accident quarter catastrophe losses and $11M of net current accident quarter other weather losses in second quarter, representing total net current accident quarter weather losses of approximately $35.5M. Heritage also expects to incur $9.4 of additional ceded premium in second quarter, reflecting reinstatement of its severe convective storm reinsurance coverage.
SP

Hot Stocks

16:11 EDT SP Plus enters parking, transportation services partnership for Houston airports - SP Plus announced its new partnership with Global Parking Systems and IMS Engineers to form SP+ Global IMS. The partners were selected by the Houston Airports to provide parking and transportation services for George Bush Intercontinental, or IAH, William P. Hobby, or HOU, and Ellington, or EFD, Airports in Houston, Texas. SP+ Global IMS provides parking management, valet and remote management services for approximately 36,000 parking spaces at IAH and HOU. The team also operates shuttle buses and ambassador/courtesy carts to transport passengers at both of these commercial international airports. The partnership includes potential parking and transportation services at Ellington Airport/Houston Spaceport.
LVS

Hot Stocks

16:11 EDT Las Vegas Sands down 3% after report of Q2 losses - Las Vegas Sands shares are down $1.63, or 3%, to $47.81 in after-hours trading.
UMPQ

Hot Stocks

16:10 EDT Umpqua Holdings announces new $400M share repurchase plan - Umpqua Holdings announced that its Board of Directors has approved a new share repurchase program which authorizes the company to repurchase up to $400M of common stock over the next twelve months. The Program replaces and supersedes the previously approved share repurchase program which was scheduled to expire on July 31.
DMTK

Hot Stocks

16:10 EDT DermTech announces new San Diego headquarters - DermTech announced expansion plans to support the company's continued growth in San Diego, with the lease of a building owned by Kilroy Realty. The 95,997 square-foot building will become DermTech's new corporate headquarters and the site of its laboratory where DermTech will among other things, process its DermTech Melanoma Test to aid in the early detection of melanoma. "DermTech continues to make significant investments in people and infrastructure to allow us to capture the market opportunity before us," said John Dobak, M.D., CEO of DermTech. "We are incredibly fortunate to remain headquartered in San Diego, a thriving hub for healthcare and biotechnology innovation, and excited to make the move to the Del Mar Heights neighborhood."
WHR

Hot Stocks

16:10 EDT Whirlpool CEO: We are significantly raising guidance - "We are significantly raising guidance to reflect the strength of our business driven by sustained consumer demand and the successful implementation of our previously announced cost-based pricing initiatives," said Marc Bitzer, chairman and CEO of Whirlpool Corporation. "Our Q2 results together with our record performance over the past three years impressively demonstrate our ability to perform in a volatile environment"
WHR

Hot Stocks

16:08 EDT Whirlpool raises FY21 cash from operating activities to $1.95B from $1.7B - Raises Fy21 free cash flow view to $1.7B from ~$1.25B. GAAP tax rate of 22%-24% from 24%-26% and adjusted tax rate is unchanged at 24%-26%.
KMI

Hot Stocks

16:07 EDT Kinder Morgan raises quarterly dividend 3% to 27c per share - Kinder Morgan, Inc.'s board of directors approved a cash dividend of 27c per share for the second quarter, payable on August 16, 2021, to stockholders of record as of the close of business on August 2, 2021. This dividend represents a 3% increase over the second quarter of 2020.
XL

Hot Stocks

16:06 EDT XL Fleet to partner with eNow to electrify refrtigerated trailers - XL Fleet Corp announced a battery and power electronics development and supply agreement and an investment in eNow, Inc., a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units for Class 8 commercial trailers. Under the terms of the agreement, XL Fleet will supply battery and power electronics systems for the first 1,000 units of eNow's new electrified refrigerated trailer solutions.
TXN

Hot Stocks

16:03 EDT Texas Instruments CEO says strong demand in in industrial, automotive - Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments: "Revenue increased 7% sequentially and increased 41% from the same quarter a year ago due to strong demand in industrial, automotive and personal electronics. In our core businesses, Analog revenue grew 6% and Embedded Processing grew 2% sequentially. From a year ago, Analog revenue grew 42% and Embedded Processing grew 43%. Our cash flow from operations of $7.5 billion for the trailing 12 months again underscored the strength of our business model. Free cash flow for the same period was $6.5 billion and 39% of revenue. This reflects the quality of our product portfolio, as well as the efficiency of our manufacturing strategy, including the benefit of 300-millimeter Analog production. We returned $3.9 billion to owners in the past 12 months through dividends and stock repurchases. Over the same period, our dividend represented 56% of free cash flow, underscoring its sustainability. TI's third quarter outlook is for revenue in the range of $4.40 billion to $4.76 billion and earnings per share between $1.87 and $2.13. We continue to expect our 2021 annual operating tax rate to be about 14%."
USAS

Hot Stocks

16:02 EDT Americas Gold and Silver to reopen Cosala mine by end of August - Americas Gold and Silver Corporation provides an update to the re-opening plan for the Company's Cosala Operations. After signing an agreement with the Mexican government and the SNM Union ("Union") to permanently re-open the Cosala Operations on July 6, 2021, the Company jointly inspected the facilities with Union representatives and Government Labour inspectors. Both the mine and the mill appear to be in good condition. A re-start plan has been developed by local management and reviewed by the Corporate office. Mexican government inspectors from the Mexican Ministry of Labour will be in Cosala this week to review the re-start plans, which should allow the Company to begin recalling employees immediately following the completion of the inspection assuming compliance with the terms of the July 6, 2021 agreement. Based on the favourable condition of the mine, the Company anticipates that both the mine and the mill will be operating by the end of August 2021 and for the Cosala Operation to be at full capacity by the start of Q4-2021. The operation also has approximately 70,000 tonnes of ore in stockpile that can be processed as a contingency.
TWTR

Hot Stocks

15:55 EDT Twitter testing up and down voting on replies - Twitter said that certain iOS users may see different options to up or down vote on replies. "We're testing this to understand the types of replies you find relevant in a convo, so we can work on ways to show more of them," the company said. "Your downvotes aren't public, while your upvotes will be shown as likes." Reference Link
UBSFY

Hot Stocks

15:42 EDT Ubisoft mobile game 'Elite Squad' to shut down in October - Ubisoft announced that mobile game "Elite Squad" will no longer be releasing new content. "Today's update will be our last, and on October 4th, 2021 we will shut the servers down," the company said in a blog post. "This was not an easy decision, but after exploring multiple options with our teams, we came to the conclusion that it was no longer sustainable. We want to assure you all that we really gave it our best, especially with big updates like Season 2, and it was a truly rewarding experience to work with you, our passionate community!" The game launched on mobile last August. Reference Link
TCEHY...

Hot Stocks

15:11 EDT Fortnite-maker Epic announces Sketchfab has joined the Epic Games family - Epic games blogged earlier in part: "We are excited to announce that today Sketchfab has joined the Epic Games family. Sketchfab makes it easy to discover, edit, buy, and sell 3D content directly through their web-based service and is home to 4 million 3D assets. Their technology has integrations across every major 3D creation tool and publishing platform and is compatible across all major browsers and operating systems, on both desktop and mobile. By joining forces, Epic and Sketchfab will be able to make 3D, AR and VR content more accessible and grow the creator ecosystem, which are critical to an open and interconnected Metaverse." Investors in Epic Games include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony (SONY). Reference Link
ABC...

Hot Stocks

14:20 EDT AmerisourceBergen, Cardinal Health, McKesson announce proposed opioid settlement - AmerisourceBergen (ABC), Cardinal Health (CAH) and McKesson (MCK) announced that they have negotiated a comprehensive proposed settlement agreement which, if all conditions are satisfied, would result in the settlement of a substantial majority of opioid lawsuits filed by state and local governmental entities. The proposed settlement agreement is the result of years of negotiation with state attorneys general and representatives of the subdivisions. If the proposed settlement agreement and settlement process leads to final settlement, it would collectively provide thousands of communities across the United States up to approximately $21B over 18 years. It would also establish a clearinghouse that consolidates data from all three distributors, which will be available to the settling states to use as part of their anti-diversion efforts. Subject to certain future milestones described below and the level of participation, the companies would be responsible for up to the following contributions, payable over 18 years: AmerisourceBergen $6.4B; Cardinal Health $6.4B; and McKesson $7.9B. If the conditions are satisfied, the settlement would become effective 60 days after the distributors determine that there is sufficient participation to proceed. During this 60-day period, the participating states and the distributors would cooperate to obtain consent judgments in each participating state embodying the terms of the settlement. The companies will make their first annual settlement payment into escrow on or before September 30, 2021, and the payment will be disbursed following the effective date, or returned to distributors if the settlement does not become effective. "If, however, a settlement cannot be finalized and plaintiffs instead choose to pursue their claims in court, the companies will continue to assert their strong legal defenses in pending litigation. This settlement process only addresses the claims of U.S. state attorneys general and political subdivisions in participating states. The West Virginia subdivisions and Native American tribes are not part of this settlement process... While the companies strongly dispute the allegations made in these lawsuits, they believe the proposed settlement agreement and settlement process it establishes, which is outlined below, are important steps toward achieving broad resolution of governmental opioid claims and delivering meaningful relief to communities across the United States. The companies remain deeply concerned about the impact the opioid epidemic is having on individuals, families, and communities across the nation and are committed to being part of the solution," the distributors stated.
TGE

Hot Stocks

14:14 EDT Tallgrass Energy reports DOE-NETL funding for next-gen clean hydrogen projects - Tallgrass Energy announced that the United States Department of Energy's National Energy Technology Laboratory, or DOE-NETL, awarded the company federal funding as part of a national effort to advance next-generation clean hydrogen technologies and support DOE's recently announced Hydrogen Energy Earthshot initiative to reduce the cost and accelerate breakthroughs in the clean hydrogen sector. "The DOE award will fund Tallgrass' study of CO2 capture associated with producing hydrogen from natural gas via an autothermal reforming facility. The study's objective is to design a commercial-scale carbon capture unit capable of capturing 1.66 million metric tons per year of pure CO2 with more than 97 percent total carbon capture efficiency. Over the coming months, Tallgrass will work with DOE officials to finalize terms and scope of the study, valued at $1.875M," the company said.
SRNE

Hot Stocks

14:12 EDT Sorrento unit receives clearance from NMPA to begin ESG-401 trials - Sorrento Therapeutics, Inc. announced its partner Escugen Biotechnology Co, Ltd. and Sorrento's subsidiary Levena Biopharma Co., Ltd. have received an approval letter from the Center for Drug Evaluation of the National Medical Products Administration for its Application for Clinical Trial of Recombinant Humanized Anti-Trop2 Mab-SN38 Conjugate. The TROP-2 ADC was jointly developed by Shanghai-based Escugen and Levena, and the two companies jointly own the domestic and international patents for this ADC and share global rights for the product. Sorrento intends to file a US IND for this ESG-401 before the end of the year.
JNJ...

Hot Stocks

14:10 EDT NY AG announces proposed $26B global agreement with opioid distributors, maker - New York Attorney General Letitia James announced a proposed $26B agreement that will resolve claims against three of the nation's largest drug distributors - McKesson (MCK), Cardinal Health (CAH), and Amerisource Bergen (ABC) - as well as one of the nation's largest drug manufacturers - Johnson & Johnson (JNJ) - over the companies' roles in creating and fueling the opioid epidemic. New York communities will specifically receive up to $1.25B to fund prevention, treatment, and recovery programs. The terms of New York's specific settlements were previously announced with both the three distributors and with J&J, James noted. The proposed global agreement - if approved by a substantial number of states and local governments across the country - would resolve the claims of nearly 4,000 entities that have filed lawsuits in federal and state courts against the four companies. New York has already signed on to today's agreement, while other states have 30 days to sign onto the deal. Local governments in the participating states will have up to 150 days to join. States and their local governments will receive maximum payments if each state and its local governments join together in support of the agreement, said James. The three distributors collectively will pay up to $21B over the next 18 years. Johnson & Johnson will pay up to $5B over nine years, with up to $3.7B paid during the first three years. The total funding distributed will be determined by the overall degree of participation by both litigating and non-litigating state and local governments. Nationwide, the substantial majority of the money is to be spent on opioid treatment and prevention. Cases against Mallinckrodt (MNK) and Rochester Drug Cooperative are now moving separately through U.S. Bankruptcy Court. The case against Purdue and the Sacklers is also moving through U.S. Bankruptcy Court, but, earlier this month, Attorney General James and a majority of states announced their approval of an agreement that would force the Sacklers and entities they control to pay more than $4.5B for opioid abatement, as well as shut down Purdue, and ban the Sacklers from ever selling opioids again. The agreement is pending court approval. The trial against the three remaining defendants - Endo Health Solutions (ENDP), Teva Pharmaceuticals USA (TEVA), and Allergan Finance (ABBV) - is currently underway and will continue in state court, said James. Reference Link
CNI...

Hot Stocks

13:37 EDT North American rail traffic rose 4.6% in week ended July 17, AAR says - The Association of American Railroads AAR reported U.S. rail traffic for the week ending July 17. For this week, total U.S. weekly rail traffic was 513,255 carloads and intermodal units, up 6.6% compared with the same week last year. Total carloads for the week ending July 17 were 235,303 carloads, up 9.7% compared with the same week in 2020, while U.S. weekly intermodal volume was 277,952 containers and trailers, up 4.1% compared to 2020. For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated because of the widespread shutdowns - and subsequent large reduction in rail volumes - that impacted many economic sectors last year at this time. North American rail volume for the week ending July 17 on 12 reporting U.S., Canadian and Mexican railroads totaled 325,978 carloads, up 6.7% compared with the same week last year, and 358,333 intermodal units, up 2.7% compared with last year. Total combined weekly rail traffic in North America was 684,311 carloads and intermodal units, up 4.6%. North American rail volume for the first 28 weeks of 2021 was 19,493,039 carloads and intermodal units, up 11.4 percent compared with 2020. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), Trinity Industries (TRN), Greenbrier and FreightCar America (RAIL). Reference Link
MGI

Hot Stocks

13:35 EDT MoneyGram up 11% after report of takeover interest - Shares of MoneyGram are up $1.16, or 11%, to $11.47 following Bloomberg's report.
ALSRF BAM

Hot Stocks

13:15 EDT Alstria Office says not currently in talks with Brookfield about possible bid - Alstria Office REIT-AG announced it has "taken note of the rumors in the press about a possible takeover offer" from Brookfield Asset Management (BAM). Alstria stated: "In principle, alstria does not comment on market speculation. alstria confirms that Brookfield is a long-time shareholder in the company and, according to the last voting rights notification dated July 1, 2021, holds 8.35% of the outstanding shares of alstria. Alstria's attention has been drawn to the fact that Brookfield may examine a possible takeover offer, but is not currently in negotiations with Brookfield about a possible takeover offer." Reference Link
DUK

Hot Stocks

12:53 EDT Duke Energy Florida announces four new solar sites in Florida - Duke Energy Florida announced the locations of its four newest solar power plants - the latest move in the company's program to expand its renewable generation portfolio. Duke Energy Florida plans to invest an estimated $1B in 10 new solar power plants across Florida, including the four sites announced. Construction on the four sites will begin in early 2022 and will take approximately 9 to 12 months to complete. Construction of all 10 sites is projected to be finished by late 2024. Combined, the plants will produce about 750 megawatts of new, cost-effective solar power.
SAL

Hot Stocks

12:39 EDT Salisbury Bancorp raises dividend 3.3% to 31c per common share - The board of directors of Salisbury approved a 1c increase in the quarterly dividend at its July 21 meeting. The quarterly cash dividend of 31c per common share will be paid on August 27 to shareholders of record as of August 13.
SCO

Hot Stocks

12:00 EDT Scor ADR falls -7.4% - Scor ADR is down -7.4%, or -$1.49 to $18.74.
HOG

Hot Stocks

12:00 EDT Harley-Davidson falls -7.7% - Harley-Davidson is down -7.7%, or -$3.36 to $40.44.
AFI

Hot Stocks

12:00 EDT Armstrong Flooring falls -11.6% - Armstrong Flooring is down -11.6%, or -64c to $4.86.
AHT

Hot Stocks

12:00 EDT Ashford Hospitality rises 14.4% - Ashford Hospitality is up 14.4%, or $2.36 to $18.80.
NMG

Hot Stocks

12:00 EDT Nouveau Monde rises 20.1% - Nouveau Monde is up 20.1%, or $1.23 to $7.35.
MSC

Hot Stocks

12:00 EDT Studio City rises 46.4% - Studio City is up 46.4%, or $4.42 to $13.95.
RNA

Hot Stocks

11:56 EDT Avidity Biosciences treatment of Myotonic Dystrophy Type 1 gets orphan status - Avidity Biosciences' treatment of Myotonic Dystrophy Type 1, or DM1, was granted orphan designation by the FDA, according to a post to the agency's website. Reference Link
COGT

Hot Stocks

11:54 EDT Cogent Biosciences gastrointestinal stromal tumor treatment gets orphan status - Cogent Biosciences' treatment of gastrointestinal stromal tumors was granted orphan designation by the FDA, according to a post to the agency's website. Reference Link
WLTW AON

Hot Stocks

11:45 EDT Willis Towers Watson up 4% after report says Aon in talks with DOJ over deal - Shares of Willis Towers Watson (WLTW) are up $8.81, or 4%, to $228.51 following Insurance Insider's report that AON (AON) is in settlement talks with the Department of Justice to win approval for the companies' merger agreement.
SGMA

Hot Stocks

11:38 EDT Sigmatron International and Wagz announce definitive merger agreement - SigmaTron International, an electronic manufacturing services company, and Wagz, a privately held pet technology company, announced that they have executed a definitive agreement and plan of merger. This follows the announcement last year on June 4, 2020 that the parties had executed a Letter of Intent relating to a proposed business combination. Under the agreement, SigmaTron would issue 2,443,870 shares of common stock of SigmaTron to the shareholders of Wagz. This would result in the stockholders of Wagz owning up to approximately 28% of SigmaTron, and Wagz operating as a wholly-owned subsidiary of SigmaTron. Currently, it is expected that the deal will close by the end of September 2021 and is subject to the achievement of certain milestones and the satisfaction of conditions by both parties prior to closing. "At this time, there are no plans to raise additional capital as the projected growth is expected to be funded by SigmaTron's available line of credit," the company said. Gary Fairhead, SigmaTron's President and CEO, said, "While it has taken us longer than anticipated to get to this position since we first announced the LOI in June of 2020, the fundamentals driving the attractiveness of the opportunity have strengthened in the interim. The Pet Tech market has continued to grow as projected by market analysts and the pet space remains active and robust. The pandemic has increased pet ownership worldwide, creating greater opportunities for the products that fall under the Wagz strategic vision. Some of the specific drivers of the deal, including Wagz prospective customers, have changed since we first announced the deal. However, the opportunities remain as Wagz expects to launch the Wagz Freedom Smart Dog Collar shortly, which will be manufactured by SigmaTron. We continue to believe that combining an Internet of Things company in a growing market that provides recurring revenue opportunities with a global electronic manufacturing services company will bring value to all of our stockholders."
UAL

Hot Stocks

11:26 EDT United Airlines sees 2022 capacity higher than 2019, CFO says
MSFT

Hot Stocks

11:03 EDT Microsoft announces acquisition of CloudKnox Security - Joy Chik - Corporate Vice President, Microsoft Identity - stated in a blog post: "At Microsoft, we are committed to supporting organizations in their digital transformation and helping them to deliver secure and seamless experiences. Since IT modernization often spans multiple clouds, cloud security and identity are top of mind for most of our customers. Modern identity security needs to protect all users and resources consistently across multi-cloud and hybrid cloud environments. Today, Microsoft is taking a significant step toward this goal with the acquisition of CloudKnox Security, a leader in Cloud Infrastructure Entitlement Management. CloudKnox offers complete visibility into privileged access. It helps organizations right-size permissions and consistently enforce least-privilege principles to reduce risk, and it employs continuous analytics to help prevent security breaches and ensure compliance. This strengthens our comprehensive approach to cloud security... Our acquisition of CloudKnox, like our recent acquisition announcements on RiskIQ and ReFirm Labs, shows our focus and execution in acquiring, integrating and expanding the strongest defenses for our customers - from chip to cloud - backed by more than 3,500 defenders at Microsoft and the more than 8 trillion security signals we process every day. Microsoft is uniquely positioned to help empower and defend the future of hybrid work and multi-cloud environments, providing essential visibility, control and monitoring Zero Trust demands. We're excited to bring the CloudKnox team and technology to Microsoft and our joint customers and look forward to their contributions. We'll share more information as we integrate CloudKnox with Microsoft's identity, security and compliance solutions." Reference Link
GDOT MA

Hot Stocks

11:02 EDT Green Dot, Finicity enter data access agreement - Finicity, a Mastercard company (MA), announced that it has signed a data access agreement with Green Dot (GDOT). The Finicity direct API experience will first be available through Green Dot's flagship digital bank GO2bank and will allow customers to link their accounts to third-party apps that use Finicity's secure data network and financial data - further enabling them to connect, manage and move their money in a secure and seamless environment. Through this agreement, Finicity is extending its leadership in direct data access through the use of an application programming interface. Finicity's signed data access agreements with many of the nation's largest financial institutions, credit card companies, and wealth management institutions currently cover 63% of their open banking platform traffic with direct API access. In addition, Finicity works with many of the most popular PFM tools, as well as the largest lenders and most innovative payment providers, among other services.
UAL

Hot Stocks

10:52 EDT United Airlines sees positive adjusted pre-tax income in July
UAL

Hot Stocks

10:49 EDT United Airlines doesn't see Asia travel demand recovering before 2023 - Cites slow border reopenings.
THCB...

Hot Stocks

10:47 EDT Tuscan Holdings Corp. shareholders approve business combination with Microvast - Tuscan Holdings Corp. (THCB) announced that its stockholders approved all proposals related to the previously announced business combination with Microvast at a special meeting of stockholders. The closing of the Business Combination is anticipated to occur on or about July 23, 2021. Following closing, the combined company will be known as Microvast Holdings, Inc. and is expected to trade on the Nasdaq Stock Market under the new ticker symbol "MVST." The previously announced business combination is expected to provide $822M of gross proceeds to Microvast. PIPE anchor investors include strategic partner Oshkosh Corporation (OSK) as well as funds and accounts managed by BlackRock (BLK), Koch Strategic Platforms and InterPrivate.
UAL

Hot Stocks

10:40 EDT United Airlines encouraging Biden administration to open up international travel
UAL

Hot Stocks

10:38 EDT United Airlines CEO sees 'steep hill' to return to pre-Covid margin levels
UAL

Hot Stocks

10:37 EDT United CEO says 'exiting tunnel,' not just seeing 'light at end of the tunnel'
UAL

Hot Stocks

10:36 EDT United Airlines CEO sees 2022 CASM-ex lower than 2019
UAL

Hot Stocks

10:36 EDT United Airlines CEO: Any impact from Delta variant will be temporary
UAL

Hot Stocks

10:35 EDT United: Likely outcome is recovery in demand continues largely unabated
UAL

Hot Stocks

10:34 EDT United: Likey outcome is continued recovery in demand continues largely unabated
HOG

Hot Stocks

10:34 EDT Harley-Davidson launches H-D1 Marketplace - Harley Davidson announced the company is launching H-D1 Marketplace on H-D.com. H-D1 Marketplace will provide consumers with the most comprehensive opportunity to search, experience, sell and purchase pre-owned Harley-Davidson motorcycles across North America. Backed by the strength and scale of our dealer network and enhanced by the Harley-Davidson Certified program for extra peace of mind, H-D1 Marketplace will facilitate a seamless purchase experience for customers looking for that special pre-owned Harley-Davidson. Launching first in USA, H-D1 Marketplace will start with the entire selection of pre-owned Harley-Davidson motorcycles from our participating dealer network, that will be available for our customers to browse and customize online. Powered by H-D Financial Services, customers will have access to innovative, industry-leading financing solutions, to make purchasing even easier. Through the 'Sell My Bike' feature, customers will also be able to sell their motorcycles directly into the Harley-Davidson dealer network.
UAL

Hot Stocks

10:34 EDT United Airlines hasn't seen any impact on bookings from Delta variant, CEO says
UAL

Hot Stocks

10:33 EDT United Airlines: Bookings continue to get 'stronger and stronger' every week - Comments taken from Q2 earnings conference call.
BK

Hot Stocks

10:31 EDT BNY Mellon appoints Akash Shah as chief growth officer - The Bank of New York Mellon Corporation announced that Akash Shah has been appointed Chief Growth Officer, effective immediately. This newly created role will oversee Strategy, Marketing & Communications, and Global Client Management. Mr. Shah, who previously held the title of Senior Executive Vice President, Head of Strategy and Global Client Management, will continue to report to Todd Gibbons, CEO of BNY Mellon.
MSC

Hot Stocks

10:12 EDT Studio City International Holdings Limited (Class A ADS) trading resumes
MSC

Hot Stocks

10:07 EDT Studio City International Holdings Limited (Class A ADS) trading halted, volatility trading pause
IZEA

Hot Stocks

10:04 EDT IZEA secures million dollar influencer marketing contract expansion - IZEA Worldwide announced that it has been awarded a new $1 million contract expansion to provide influencer marketing services to a Fortune 500 consumer electronics manufacturer.
BMRN

Hot Stocks

10:04 EDT BioMarin: Phase 1/2 study demonstrates consistent bleed control - BioMarin Pharmaceutical announced that new data for valoctocogene roxaparvovec, an investigational gene therapy treatment for adults with severe hemophilia A, from its open-label Phase 1/2 study during an oral presentation at the International Society on Thrombosis and Haemostasis 2021 Virtual Congress. Five-year and four-year post-treatment follow-up of the 6e13 vg/kg and 4e13 vg/kg cohorts, respectively, shows a sustained treatment benefit of valoctocogene roxaparvovec. All participants in both cohorts remain off prophylactic Factor VIII treatment. The 6e13 vg/kg dose cohort of the Phase 1/2 study, with a mean follow-up of 266.1 weeks, showed that a single dose of valoctocogene roxaparvovec after week 4 reduced mean ABR by 95% from 16.3 at baseline to 0.8 bleeding episodes per year among the 6 participants previously treated with FVIII prophylaxis. In year 5, 86% of study participants in the 6e13 vg/kg dose cohort had no treated bleeds. The 4e13 vg/kg dose cohort of the Phase 1/2 study, with a mean follow-up of 218.6 weeks showed that a single dose of valoctocogene roxaparvovec reduced mean ABR by 92% from 12.2 at baseline to 1.0 bleeding episodes per year. In year 4, 50% of study participants in the 4e13 vg/kg dose cohort had no treated bleeds. "The consistent and impressive bleed control in the majority of the study participants out to five years in this study, which is the longest duration of clinical experience for any gene therapy in hemophilia A, which increases our understanding of the interplay between Factor VIII expression, ABR, and Factor VIII infusion rate as it relates to hemostatic efficacy," said Professor Michael Laffan, faculty of Medicine, Department of Immunology and Inflammation at Imperial College London, Director of the Hammersmith Hospital Haemophilia Centre, and Chief Investigator for the valoctocogene roxaparvovec Phase 1/2 study. "These data show that most of the study participants have not had a bleed or had to infuse Factor VIII in the last five years after one infusion of valoctocogene roxaparvovec, which has the potential to provide a treatment choice that addresses many of the unmet needs in hemophilia."
NATI

Hot Stocks

10:02 EDT National Instruments named official sponsor of Austin FC - Austin FC announced has secured entitlement of the NI Suite Level at Q2 Stadium in a multi-year partnership that sees the Austin technology company join forces with Austin FC, the city's Major League Soccer Club and first major league property. As part of the partnership, NI will also be the presenting sponsor of the pre-match Standings and League Leaders feature during Austin FC home games. The sponsorship agreement establishes NI, the Austin-headquartered technology company founded in 1976, as an official partner of Austin FC with entitlement rights to Q2 Stadium's premium hospitality suite level, now called the NI Suite Level, which features 27 private suites. For Austin FC matches and events hosted at Q2 Stadium, the NI Suite Level offers an Austin inspired, tech-forward, and eco-friendly space that gives fans a world-class experience.
THFF

Hot Stocks

10:00 EDT First Financial announces stock repurchase program - First Financial announced that its Board of Directors has authorized a stock repurchase program to purchase up to 5% of the company's outstanding common stock.
SAP

Hot Stocks

10:00 EDT SAP falls -5.2% - SAP is down -5.2%, or -$7.46 to $136.64.
FOUR

Hot Stocks

10:00 EDT Shift4 Payments falls -7.1% - Shift4 Payments is down -7.1%, or -$6.51 to $85.17.
ATHM

Hot Stocks

10:00 EDT Autohome falls -7.9% - Autohome is down -7.9%, or -$4.52 to $52.64.
IPG

Hot Stocks

10:00 EDT Interpublic Group rises 12.9% - Interpublic Group is up 12.9%, or $4.04 to $35.31.
NMG

Hot Stocks

10:00 EDT Nouveau Monde rises 14.9% - Nouveau Monde is up 14.9%, or 91c to $7.03.
HOG

Hot Stocks

10:00 EDT Harley-Davidson says supply chain remains 'very fragile' - Says no sustained down time in factories to date. Expects FY21 tariff exposure of $80M vs. prior view of $135M. Says seeing increased consumer appetite for products, brand. Says seeing "outstanding sell through" from Pan America motorcycle. Says inventory levels lower than originally planned due to strong demand. Says chip shortages constraining motorcycle inventory levels. Says seeing input costs increases in steel, aluminum.
XPDI

Hot Stocks

10:00 EDT Power and Digital Infrastructure Acquisition Corporation (Class A Stock) trading resumes
AHT

Hot Stocks

10:00 EDT Ashford Hospitality rises 17.0% - Ashford Hospitality is up 17.0%, or $2.79 to $19.23.
GCBC

Hot Stocks

09:50 EDT Greene County Bancorp raises quarterly dividend to 13c from 12c per share - The cash dividend for the quarter ended June 30 will be paid to shareholders of record as of August 16, and is expected to be paid on August 31.
SAP

Hot Stocks

09:47 EDT SAP falls -5.4% - SAP is down -5.4%, or -$7.76 to $136.34.
ATHM

Hot Stocks

09:47 EDT Autohome falls -5.8% - Autohome is down -5.8%, or -$3.29 to $53.87.
FOUR

Hot Stocks

09:47 EDT Shift4 Payments falls -8.6% - Shift4 Payments is down -8.6%, or -$7.91 to $83.77.
PHX

Hot Stocks

09:47 EDT PHX Minerals rises 6.9% - PHX Minerals is up 6.9%, or 21c to $3.25.
VIST

Hot Stocks

09:47 EDT Vista Oil & Gas rises 9.7% - Vista Oil & Gas is up 9.7%, or 35c to $3.95.
IPG

Hot Stocks

09:47 EDT Interpublic Group rises 10.4% - Interpublic Group is up 10.4%, or $3.24 to $34.51.
SIGA

Hot Stocks

09:46 EDT Siga Technologies trading resumes
PTON UNH

Hot Stocks

09:45 EDT UnitedHealthcare to provide 'millions of members' free access to Peloton app - UnitedHealthcare, part of UnitedHealth Group (UNH), and Peloton (PTON) announced yesterday that they are working together to "provide millions of Americans with access - at no additional cost - to classes that can help improve their overall fitness and well-being, the first such relationship between Peloton and a health plan." As of Sept. 1, as part of their plan benefits, millions of fully insured UnitedHealthcare members can enroll with Peloton to obtain access to Peloton's multidiscipline fitness classes, the companies announced. New and existing Peloton Members are eligible to enroll, they stated. "Peloton Members have always shared how much movement and activity positively impacts their mental, physical and emotional health. Knowing that we can positively impact our Members' lives and help them be the best versions of themselves is one of the reasons we are collaborating with UnitedHealthcare and launched Peloton Corporate Wellness to work directly with organizations," said William Lynch, President, Peloton.
SIGA

Hot Stocks

09:41 EDT Siga Technologies trading halted, volatility trading pause
MGTA

Hot Stocks

09:35 EDT Magenta Therapeutics down 7% after clinical hold from FDA for MGTA-117 - Shares of Magenta Therapeutics are down 61c, or 7%, to $8.29 in early trading after the company announced earlier that it has received a clinical hold letter from the U.S. Food and Drug Administration related to its Investigational New Drug Application filed in June 2021 to initiate a Phase 1/2 clinical trial of MGTA-117 in patients with acute myeloid leukemia, or AML, and myelodysplastic syndrome, or MDS. The FDA is requiring that Magenta develop an additional bioassay to be used in conjunction with the PK/PD model to inform dose escalation decisions in addition to safety monitoring. This was the only clinical hold item identified by the FDA and does not relate to the toxicology or manufacturing of MGTA-117. Magenta has initiated the development of the bioassay and intends to work closely with the FDA to determine the application of the bioassay for dose escalation. The FDA has indicated its willingness to continue its engagement on this issue through its "Type A" meeting structure, which Magenta anticipates will help facilitate communication and resolution of the clinical hold. "We are actively developing the bioassay requested by the FDA and do not expect significant technical challenges in its completion. We expect to request a 'Type A' meeting in the coming weeks and, if successful in resolving this remaining issue, we would anticipate opening the study in Q4 2021. We are greatly appreciative of the FDA's continued engagement as we seek to commence the Phase 1/2 clinical trial of MGTA-117 and develop this potentially first-in-class medicine to improve conditioning options for patients across a number of disease areas," said Jason Gardner, D.Phil., President and CEO of Magenta Therapeutics.
XPDI

Hot Stocks

09:33 EDT Power & Digital Infrastructure Acquisition Corp., Core Scientific to merge - Core Scientific Holding Co. and Power & Digital Infrastructure Acquisition Corp. announced they have entered into a definitive merger agreement pursuant to which XPDI will acquire the company. As a result of the Transaction, which values the company at a pro forma enterprise value of approximately $4.3B, the combined company is expected to operate as Core Scientific and remain a publicly listed company on the NASDAQ stock market. The Transaction values the combined company at an implied fully diluted pro forma enterprise value of approximately $4.3B, representing a 8.8x multiple of Core Scientific's 2021 projected revenue of $493M and a 21.4 x multiple of 2021 projected adjusted EBITDA of $203M. The company was adjusted EBITDA positive for the year ended December 31, 2020. The Transaction is expected to provide in excess of $300M in net cash proceeds to Core Scientific at closing, after transaction expenses and assuming no redemptions of shares by XPDI's existing public stockholders. Existing Core Scientific stockholders are retaining 100% of their equity in the combined company. Core Scientific stockholders (including former stockholders of Blockcap) will own approximately 89%, XPDI public stockholders will own approximately 8% and XPDI's sponsor will own approximately 2% of the issued and outstanding shares of common stock, respectively, of the combined company at closing. The proceeds from the Transaction are expected to fund mining equipment purchases and infrastructure build out as the company expands its leadership position. The Core Scientific and XPDI Boards of Directors have unanimously approved the proposed merger, which is expected to be completed in the fourth quarter, subject to, among other things, regulatory approval, the approval by Core Scientific's and XPDI's stockholders of the proposed merger and satisfaction or waiver of other customary closing conditions.
F

Hot Stocks

09:32 EDT Ford reports Europe 20 Q2 sales up 43.7% year-over-year to 242,618 units - Ford reports Europe 20 Q2 sales increased 43.7% year-over-year, or 73,746 units, to 242,618 units. The Euro 20 markets are Austria, Belgium, Britain, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Romania, Sweden and Switzerland. Reference Link
CSSE

Hot Stocks

09:31 EDT Chicken Soup for the Soul's Screen Media strikes deal with Millenium Media - Chicken Soup for the Soul Entertainment announced Screen Media's deal with Millennium Media to release at least five films a year for the next three years from the production powerhouse. The first film will be The Enforcer starring Antonio Banderas, Kate Bosworth and 2 Chainz. Directed by Richard Hughes, the film is shooting this summer in Greece. Screen Media will handle the North American release in 2022. Millennium Media is best known for the box office hits The Expendables franchise, Olympus Has Fallen and London Has Fallen, The Hitman's Bodyguard, and Mechanic: Resurrection. Recent films include Angel Has Fallen and the successful reboot of the Rambo franchise, Rambo: Last Blood. It has also produced the acclaimed independent films Tesla, Blackbird, The Outpost, and Till Death. In an ongoing relationship with Millennium Media, Screen Media recently released the Megan Fox starrer Till Death, which was the top Independent film on iTunes in sales. In 2020, Screen released two Millennium Media films, Roger Michell's Blackbird starring Susan Sarandon, Kate Winslet, and Mia Wasikowska, and one of last summer's top performing films, Rod Lurie's The Outpost, starring Caleb Landry Jones, Scott Eastwood, and Orlando Bloom. The Outpost was featured in many end-of-year top ten lists, and was the top film on many VOD outlets, including iTunes where it held the top spot for more than three weeks.
XPDI

Hot Stocks

09:31 EDT Power & Digital Infrastructure Acquisition Corp., Core Scientific to merge
CHRS

Hot Stocks

09:24 EDT Coherus Biosciences appoints Ildiko Csiki to Scientific Advisory Board - Coherus BioSciences announced the appointment of Ildiko Csiki, M.D., Ph.D., as Chair of its Scientific Advisory Board. With Dr. Csiki as Chair, Coherus' SAB will work closely with Coherus leadership to build a world-class immuno-oncology franchise that offers life-changing medicines to patients. In collaboration with Junshi Biosciences, Coherus is developing toripalimab, a PD-1 blocking antibody, in an extensive registrational development program for a broad range of tumor types, as well as in combination with other immuno-oncology targeting agents. Csiki is Chief Commercial Research and Development Officer at City of Hope, a world-renowned independent research and treatment center for cancer, diabetes and other life-threatening diseases.
MTBC

Hot Stocks

09:23 EDT CareCloud announces ongoing support of Medical Group Management Association - CareCloud announced its corporate membership and annual conference sponsorship of the Medical Group Management Association. As both member and marquee sponsor, CareCloud is continuing its commitment to MGMA, which is focused on providing support solutions, services and education to today's multifaceted care providers, leaders and executives. As a Corporate Member, CareCloud will spend the next twelve months collaborating with MGMA in the ideation and delivery of thought-provoking resources for practice leaders, including but not limited to, podcasts, webinars, and other industry-focused assets to promote clinical and operational excellence.
SRNE

Hot Stocks

09:22 EDT Sorrento Therapeutics doses COVID-19 patients in Phase 2 trial for COVIDROPS - Sorrento Therapeutics announced that COVID-19 patients have been dosed in its Phase 2 efficacy trial. Approximately 350 outpatients with COVID-19 who are asymptomatic or have mild symptoms will be enrolled in this large double-blind, randomized clinical trial evaluating COVIDROPS doses of 10 mg or 20 mg against placebo. This study uses a novel decentralized design where subjects are assessed and treated in their homes and received a rapid review and clearance from the Medicines and Healthcare products Regulatory Agency in the UK. A previously completed safety study conducted in the US at doses up to 60 mg in healthy subjects showed a comparable safety profile to placebo with all reported adverse effects being mild in severity. The UK study will complement Phase 2 trials currently being started in the US and should the results of these studies demonstrate that COVIDROPS is both safe and effective against SARS-CoV-2, Sorrento will apply for Emergency Use Authorization in the US, UK, Canada, India, Mexico and European Union as well as other territories. COVIDROPS is administered as a simple intranasal instillation into each nostril to recently infected subjects. The neutralizing antibody drug substance is the same antibody as in COVI-AMG, which is a high potency/low dose IV push injection. The antibody is active in vitro and in animal models of COVID-19 infection against the SARS-CoV-2 variants of concern currently infecting the UK and the US, including the highly transmissible and virulent India/Delta variant, as well as the UK/Alpha variant and the original SARS-CoV-2 virus. Sorrento is developing a second neutralizing antibody with potential activity against all VoCs, including the Beta and Gamma, for entry into the clinic and is intended for use as a cocktail for both intranasal and intravenous administration to augment the coverage of prevailing VoCs. Variants of interest, such as Lambda and others are constantly evaluated in Sorrento's active surveillance program.
STX

Hot Stocks

09:19 EDT Seagate plans to maintain 'robust' capital return program in FY22
LGND JAZZ

Hot Stocks

09:16 EDT Ligand partner Jazz launches RYLAZE, asparaginase erwinia chrysanthemi - Ligand Pharmaceuticals (LGND) announced Jazz Pharmaceuticals (JAZZ) has launched Rylaze or asparaginase erwinia chrysanthemi, also known as JZP458. Rylaze, which was approved by the FDA on June 30 is a recombinant erwinia asparaginase used as a component of a multi-agent chemotherapeutic regimen for the treatment of acute lymphoblastic leukemia lymphoblastic lymphoma in adult and pediatric patients 1 month or older who have developed hypersensitivity to E. coli-derived asparaginase. Under the terms of the license agreement with Jazz Pharmaceuticals, Ligand received a $2M payment upon FDA's acceptance for review of the product BLA and is entitled to receive a $5M payment upon the first commercial sale following launch. Ligand is eligible to receive up to an additional $155.5 million in milestone payments and tiered low to mid-single digit royalties based on worldwide net sales of any products resulting from this collaboration, including Rylaze. "This partnership with Jazz Pharmaceuticals is one of the core scientific programs that catalyzed our acquisition of Pfenex last year. The Rylaze commercial launch really showcases our highly productive partnership with Jazz and the exceptional ability of our Pelican Expression Technology to enable life-saving therapeutics," said John Higgins, CEO of Ligand. "The robust manufacturing afforded by Ligand's Pelican Expression Technology combined with Jazz's demonstrated success in development and commercialization has enabled the delivery of a high-quality recombinant asparaginase option for patients with hypersensitivity to E. coli-derived asparaginase with reliable supply."
OPCH

Hot Stocks

09:11 EDT Option Care Health, AlayaCare announce joint technology collaboration agreement - AlayaCare and Option Care Health announced today that they have formally established a technology collaboration to develop software for alternate site infusion therapy. This co-development effort builds upon the companies' existing relationship, under which Option Care Health utilizes AlayaCare's existing software to manage its clinical resources at the point of care. The collaboration will develop additional tools and capabilities to optimize the care delivery experience through advanced automation, patient communication and scheduling tools, improved assessment and data capture and an overall more efficient administrative process. These new tools will help enhance patient engagement and a more comprehensive view of the clinical interactions and support throughout the course of therapy. "The patient experience is at the forefront of everything we do and we are confident that our collaboration with AlayaCare we will better engage patients and their families through a differentiated care experience. Our focus is to provide superior clinical outcomes through our extraordinary clinical team and these tools will create the technology enablement to help achieve this goal," John Rademacher, Chief Executive Officer of Option Care Health, commented.
MNTV...

Hot Stocks

09:11 EDT Momentive announces launch SurveyMonkey Enterprise app for Zoom - Momentive announced the launch of its SurveyMonkey Enterprise app for Zoom Video Communications, Inc., delivering an embedded feedback experience accessible within Zoom meetings and the desktop client. Following a year of virtual meetings and remote collaboration, the SurveyMonkey Enterprise app for Zoom aims to form more meaningful interactions by funneling crucial stakeholder insights to boost meeting effectiveness, track attendee engagement, and improve the employee, customer, and patient experience. This new in-product app for Zoom is now available for all SurveyMonkey Enterprise users on the U.S. data center in the Zoom App Marketplace, which hosts 1,400+ third-party integrations that extend the power of Zoom's industry-leading video-first unified communications platform.
STX

Hot Stocks

09:11 EDT Seagate looks to grow revenue in HSD percentage range or more in FY22 - Consensus is $11.64B.
SKX

Hot Stocks

09:10 EDT Skechers and kansaiyamamoto collaborate on limited edition collection - "Skechers announced new footwear collaboration inspired by the late iconic Japanese designer Kansai Yamamoto. The limited-edition Skechers x kansaiyamamoto collection of four fashion sneakers for men and women embrace Kansai's aesthetic and will launch on the one-year anniversary of his passing, July 21, in Japan, North America and Europe," said the company in a statement. The launch spans a range of Max Cushioning Premier fashion sneakers. The men's KY Kabuki Paint and women's KY Nadeshiko styles feature iconic kansaiyamamoto designs inspired by traditional kabuki theater and beauty. The men's KY Sol and women's KY Luna feature ombre color designs that convey the notion of sun and moon. Classic Skechers D'Lites fashion sneakers follow on August 21, with a vivid multi-colored premium leather upper in celebratory festival hues, plus kansaiyamamoto logo.
PLL

Hot Stocks

09:10 EDT Piedmont says Gaston mining permit application to be submitted in August - Piedmont Lithium said it completed its initial public presentation to the community and Board of Commissioners of Gaston County, North Carolina on July 20. "The presentation addressed how the Carolina Lithium Project could position Gaston County to be a significant part of the new U.S. electric vehicle supply chain, the bipartisan support for the development of critical minerals in the United States, and Piedmont's commitment to protect the environment and community," the company said in a statement. Added CEO Keith Phillips: "We confirmed last night that we would submit our North Carolina state mining permit application in August 2021 as planned, and we look forward to addressing all of the questions that arise during the permitting and rezoning process." The company said it also addressed "misunderstandings in recent media reports regarding Piedmont's development timeline, permit applications, and commitment to the environment." Said Phillips: "Although we received important federal permits for our project in 2019, Piedmont's upcoming state mining permit and county rezoning applications could only advance once our definitive plans were established. Our project has evolved significantly over the past four years - we have selected more efficient and environmentally friendly technology, and fully-integrated our business plan into a single campus in Gaston County, North Carolina. These project improvements have resulted in adjustments to our plans and, with the results of our recent studies and improved lithium markets, we're excited to move forward with the state and local approval processes."
RMCF

Hot Stocks

09:10 EDT Immaculate Confection seeks damages from Rocky Mountain Chocolate - Immaculate Confection announced it filed a lawsuit in the Supreme Court of British Columbia against Rocky Mountain Chocolate Factory, operator of the international Rocky Mountain franchise network and licensor to Confection. On June 21, 2021, Confection received a letter from RMCF purporting to formally terminate all remaining contracts between the parties, after having initiated formal legal proceedings against Confection in Colorado in March 2020. Confection intends to vigorously oppose RMCF's attempts to terminate the parties' ongoing business relationship. Confection intends to pursue all available remedies, and will be seeking damages caused it by RMCF's actions in an amount to be determined, including for the reduction in the value of the Canadian business. According to materials filed by RMCF in Colorado, the Canadian business had revenues of $365.6 million in the period from 2000 to 2019.
MCW

Hot Stocks

09:10 EDT Mister Car Wash acquires Super Suds Car Wash in Abilene, Texas - Mister Car Wash acquired Super Suds Car Wash, a single express location in Abilene, Texas. Super Suds Car Wash expects to continue operating as normal in the near term.
BHAT TCEHY

Hot Stocks

09:10 EDT Blue Hat Interactive, Tencent QQ to jointly develop QQ emoji branded toys - Blue Hat Interactive announced that the company and Tencent QQ have jointly developed two toy products utilizing the intellectual property of the QQ emoji, pursuant to the previously announced licensing agreement for certain QQ IP.
EMKR RTX

Hot Stocks

09:09 EDT Emcore awarded $4.1M supplemental contract from Raytheon Intelligence & Space - EMCORE (EMKR) announced that it has been awarded a $4.1M supplement to its long-term Fiber Optic Gyroscope contract with Raytheon Intelligence & Space (RTX). Under the supplemental contract, EMCORE will supply high-performance FOG modules for use in airborne optical targeting systems. EMCORE has delivered over 1,200 units of its custom-designed, closed-loop FOGs to Raytheon Intelligence & Space and expects to deliver the additional units for this add-on contract through February 2022.
KNX

Hot Stocks

09:08 EDT Knight-Swift sees FY21 net cash capital expenditures $500M-$550M - Sees FY21 tax rate 2%-27%.
BLI TMO

Hot Stocks

09:07 EDT Berkeley Lights announces strategic collaboration with Thermo Fisher Scientific - Berkeley Lights (BLI) announced a strategic collaboration with Thermo Fisher Scientific (TMO) aimed at addressing challenges in commercial-scale viral vector manufacturing. The partnership, which began in December of 2020, brings together Berkeley Lights' leadership in functional biology characterization with Thermo Fisher's expertise in viral vector manufacturing and analytics. Together, the companies are collaborating on a next-generation workflow using the Berkeley Lights Platform to accelerate and improve the development of stable AAV and LV vector producer cell lines. The industry's reliance on transient expression for production limits novel cell and gene therapies from reaching more patients because transient transfection suffers from limited output, challenging batch-to-batch reproducibility, high cost, and complex supply chain issues. The workflows under development are designed to deliver stable AAV and LV producer lines on clinically relevant timelines which overcome the limitations of transient expression by providing the yield, consistency, and quality required for large-scale and commercial cGMP viral vector manufacturing to accelerate entry of cell and gene therapy products into the clinic and marketplace, not only for rare diseases but also for more common indications.
HOG

Hot Stocks

09:05 EDT Harley-Davidson says delivered 'solid performance' in Q2 - Says supply chain challenges from Covid-19 continue to impact the sector. Says consumer excitement, optimism returning. Says continues to pursue all remedies to EU tariffs. Comments taken from Q2 earnings conference call.
STX

Hot Stocks

09:05 EDT Seagate: Pandemic a 'difficult reality,' but recovery 'under way' - Comments taken from Q4 earnings conference call.
PHG

Hot Stocks

09:04 EDT Philips receives breakthrough device designation for IVC filter removal device - Royal Philips announced the FDA has granted Breakthrough Device Designation for a laser-assisted inferior vena cava filter removal device. The proposed device is intended for ablating tissue to remove an IVC filter when previous methods of removal have failed. IVC filters are used to treat patients with venous thromboembolism, in which blood clots form in the deep veins of the leg, groin or arm and can travel through the circulatory system. They are placed in the inferior vena cava to capture blood clots from moving to the heart or lungs. Research has shown that IVC filters may have long-term complications. The filters can fracture and travel through the bloodstream to other parts of the body. Other identified long-term risks associated with IVC filters include lower limb deep vein thrombosis and IVC occlusion. The FDA recommends that implanting physicians consider removing retrievable IVC filters as soon as they are no longer indicated. The failure rate for IVC filter removal is high and limited options for removal exist if the filter has become difficult to remove. Advanced retrieval tools and techniques are required if the IVC filter becomes embedded in the vasculature. Physicians have very few tools to remove the filter when this happens and there are no FDA-approved devices for this type of advanced removal. Two independent and prospective clinical studies demonstrated that laser-assisted retrieval was 96-99% effective with a major adverse event rate of 0.7-2%.
IEA

Hot Stocks

09:04 EDT Infrastructure and Energy Alternatives awarded wind construction contract - Infrastructure and Energy Alternatives announced that the company has been awarded the Panorama Wind Farm contract. Leeward Renewable Energy awarded this project to IEA Constructors, a subsidiary of IEA that manages utility-scale renewable energy and heavy civil infrastructure projects. The award is for the construction of the 145 megawatt utility-scale wind farm in Weld County, Colorado. Construction of the Panorama Wind Farm will begin in July and is expected to be completed in December 2021. IEA will self-perform all of the engineering, procurement and construction needs of the project, including the construction of 23 miles of private access roads, the improvement of existing public and private access roads, the installation of foundations, the offloading of equipment and the erection of 66 Vestas wind turbine generators.
GLBS

Hot Stocks

09:02 EDT Globus Maritime announces delivery of dry bulk vessel 'Power Globe' - Globus Maritime announced that it has taken delivery of the M/V "Power Globe", a 2011-built Kamsarmax dry bulk carrier it acquired for a purchase price of $16.2M, of which the company had previously announced on February 18, 2021. The M/V "Power Globe" was built at the Universal Shipbuilding Corporation in Japan and has a carrying capacity of 80,655DWT. Following this acquisition, the fleet of Globus comprises of eight dry bulk carriers with a total carrying capacity of 544,420 DWT.
ZM

Hot Stocks

09:01 EDT Zoom Video announces general availability of Zoom Apps, Zoom Events - Zoom Video Communications announced the general availability of its latest innovations, Zoom Apps and Zoom Events. Zoom Apps seamlessly embeds third-party apps within the Zoom Meetings and desktop client experience, enhancing collaboration, productivity, and entertainment for today's hybrid workforce. Zoom Events is an all-in-one platform for creating a wide range of interactive and immersive virtual events to reach and engage audiences.
NURO

Hot Stocks

09:00 EDT NeuroMetrix extends yesterday's advance, up 52% in pre-market trading - Shares of NeuroMetrix are up another 52% in pre-market trading, extending yesterday's 208% spike after the company received an FDA breakthrough device designation for Quell device for treating the symptoms of fibromyalgia in adults. The stock is also the second highest trending ticker on StockTwits in terms of message volume this morning.
ALXN AZN

Hot Stocks

08:58 EDT AstraZeneca announces completion of acquisition of Alexion Pharmaceuticals - AstraZeneca (AZN) announced it has completed the acquisition of Alexion Pharmaceuticals (ALXN), which it said "marks the company's entry into medicines for rare diseases and the beginning of a new chapter for AstraZeneca." The total consideration paid to the Alexion shareholders was approximately $13.3B in cash and 236,321,411 new AstraZeneca shares, approximately 94% of which will be represented by new AstraZeneca American Depositary Shares, or ADSs. The Alexion shares will be delisted from the Nasdaq Stock Market and Alexion will terminate its registration under the U.S. Securities Exchange Act of 1934 as soon as practicable following completion of the acquisition. "AstraZeneca anticipates providing updated 2021 financial guidance for the new, combined entity in due course. Consolidation of Alexion will start from the closing of the transaction and the first quarter of consolidated financial reporting is expected to be the third quarter of 2021 due for announcement on Friday November 12, 2021," the company stated.
JNJ

Hot Stocks

08:57 EDT Johnson & Johnson says continues to invest in R&D at 'competitive levels' - Says continues to make "strong progress" with drug pipeline. Says poised for growth, value creation in 2022 and beyond. Comments taken from Q2 earnings conference call.
VZ

Hot Stocks

08:54 EDT Verizon says enters second half with momentum - Says expanding 5G and driving adoption is a priority in the second half. Says TracFone acquisition and Verizon Media Group sale expected to close in the second half, each subject to regulatory approval. Says generated strongest earnings on record in Q2. Says 5G available in portion of all 50 states. Says experienced one of the strongest net new wireless accounts quarters. Says year-over-year growth is no longer comparable for FY21 guidance as the planning assumption includes the Verizon Media Group sale closing at the end of Q3. Comments taken from Q2 earnings conference call.
KO

Hot Stocks

08:51 EDT Coca-Cola: Currency markets 'volatile'
ALK AIR

Hot Stocks

08:50 EDT Alaska Airlines, AAR Corp. partner for Flow Through Program for technicians - The nation's airlines rely on professional maintenance technicians to ensure airplanes safely and compliantly travel across the country, but demand for qualified airline maintenance technicians will outpace supply as early as 2022. To fill these highly skilled positions, Alaska Airlines (ALK) is teaming up with AAR CORP. (AIR), a leading provider of aviation maintenance services, to create a pipeline for qualified airline maintenance technicians for the Seattle-based airline. The Flow Through Program is the first of its kind between an airline and an aviation services provider to focus on education and career training and recruit new workers from diverse backgrounds. Under the program, applicants complete their training and feed into a role at an AAR maintenance facility. If the applicant is in good standing and has completed three years with AAR as an aircraft technician, they qualify to apply to a career opening at Alaska and are guaranteed an interview. Alaska has 14 maintenance-staffed bases across its network.
MIGI...

Hot Stocks

08:50 EDT Mawson Infrastructure provides update on Bitcoin mining hardware - Mawson Infrastructure Group (MIGI) announced it has taken delivery of 250 Bitmain Antminer S19 Pro's, expects a further 570 Avalon A1246 miners from Canaan (CAN) to be delivered and operational before the end of July, and expects an additional 588 Avalon A1246 miners to be delivered in early August, adding a further 125 PH to its existing operations. The Antminer S19 Pro, one of Bitmain's latest generation models, is a SHA256 mining rig, which produces a stable hash rate of 110TH/s with a power efficiency of 29.5J/TH.
KO

Hot Stocks

08:49 EDT Coca-Cola: Demand environment 'dynamic'
CRM WORK

Hot Stocks

08:49 EDT Salesforce completes acquisition of Slack Technologies - Salesforce (CRM) announced it has completed its acquisition of Slack Technologies (WORK). As part of Salesforce, Slack will be positioned to accelerate and extend its mission to make work life simpler, more pleasant, and more productive. Slack will continue to operate under the Slack brand, driving forward a continued focus on its mission, customers, and community. Slack will continue to be led by CEO and Co-Founder Stewart Butterfield.
KO

Hot Stocks

08:46 EDT Coca-Cola sees 'range of possible outcomes' with the pandemic
RNGTF

Hot Stocks

08:42 EDT Osisko Development receives underground bulk sample permit - Osisko Development is pleased to announce the receipt of the Notice of Work permit to commence development to collect an underground bulk sample at its Cariboo Gold Project in central British Columbia and conduct underground diamond drilling. Also, the Company is reporting additional drilling results from the 200,000-meter 2021 exploration and category conversion drill program campaign. A total of ten diamond drill rigs are currently on the Project. Highlights: A 10,000 tonnes bulk sample will be collected on the Cow Mountain deposit. A total of 2,200 meters of development is planned. The project is intentionally designed to utilize existing surface disturbance to reduce environmental impact and portal construction is to begin immediately. Underground drill bays on Cow and Lowhee Deposits are part of the development plan to increase exploration and infill drilling. Development will be executed by the Sandvik Roadheader Mt-720 previously tested and commissioned at the Bonanza Ledge operation where promising performance was achieved. The ore extracted in the bulk sample will be processed in a newly purchased Ore Sorter from the company Steinert to further improve confidence of ore sorting technology. A total of 100,000 meters have been drilled thus far in 2021. Recent assay results include holes IM-21-037 to IM-21-068. Drilling highlights include 11.76 g/t Au over 7.4 meters in hole IM-21-037 that intersected a vein corridor on Shaft Zone, open along strike to the south. Exploration hole IM-21-048 on Mosquito Creek tested for vein corridors at depth and intersected mineralized veins with assays including 21.2 g/t Au over 0.50 meters and 25.3 g/t over 0.80 meters at vertical depth of 325 meters. Detailed drilling results and a drill hole location plan map are presented at the end of this release. Assay Highlights: 11.76 g/t Au over 7.40 meters in hole IM-21-037 including 63.90 g/t Au over 1.00 meter; 47.40 g/t Au over 1.15 meters in hole IM-21-043; 6.96 g/t Au over 7.35 meters in hole IM-21-051; 21.59 g/t Au over 2.50 meters in hole IM-21-052 including 73.20 g/t Au over 0.65 meters; 87.30 g/t Au over 0.70 meters in hole IM-21-053; 4.66 g/t Au over 7.40 meters in hole IM-21-060; 8.90 g/t Au over 5.60 meters in hole IM-21-062 including 82.00 g/t Au over 0.50 meters; 13.27 g/t Au over 2.85 meters in hole IM-21-064; 6.73 g/t Au over 5.50 meters in hole IM-21-067. Mineralized quartz veins on Cariboo are overall sub-vertical dip and northeast strike. Vein corridors are defined as a high-density network of mineralized quartz veins within the axis of the last folding event and hosted within a brittle meta-sandstone or calcareous meta-sandstone. Vein corridors are modelled at a minimum thickness of 2 meters and average about 4.5 meters true width. Individual mineralized veins within these corridors have widths varying from centimeters to several meters and strike lengths from a few meters to over 50 meters. These corridors have been defined from surface to a vertical depth averaging 300 meters and remain open for expansion at depth and along strike. Gold grades are intimately associated with quartz vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins. True widths are estimated to be 60% to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays. Complete assay highlights are presented in Table 1, drill hole locations are listed in Table 2.
TCBI THC

Hot Stocks

08:40 EDT Texas Capital appoints Paola Arbour to board of directors - Texas Capital Bancshares (TCBI) announced the appointment of Paola Arbour to its board of directors, effective today. With Arbour's appointment, the board expands to eleven directors. Arbour serves as Executive Vice President and Chief Information Officer of Tenet Healthcare (THC). Arbour is an advisory board member of the Dallas CIO Leadership Association, where she also serves as membership vice-chair. She serves on the board of the Technology Business Management Council and is a member of the Evanta CIO Community for Gartner.
NFYEF

Hot Stocks

08:38 EDT NFI Group's ARBOC to supply Toronto Transit Commission with 110 buses - NFI Group announced that the Toronto Transit Commission has awarded NFI subsidiary ARBOC Specialty Vehicles a firm order for 110 seven-meter Independence low floor transit buses. The award was placed through ARBOC's Canadian distributor, Creative Carriage Ltd., utilizing the Government of Ontario's Metrolinx Transit Procurement Initiative. ARBOC plans to deliver the initial group of up to 30 buses in 2021 with the remaining 80 vehicles in 2022. This award follows a TTC order in 2019 to NFI subsidiary New Flyer Industries Canada ULC, for up to 40 Xcelsior CHARGE 40-foot battery-electric buses supporting TTC's electric bus program, of which 20 buses have already been delivered.
ROIC

Hot Stocks

08:36 EDT Retail Opportunity adjuste Q2 earnings conference call start time - As previously reported, Retail Opportunity Investments will issue financial and operational results for the second quarter ended June 30, 2021 after the market closes on Wednesday, July 28, 2021. Additionally, as previously reported, the Company will conduct a conference call and audio webcast on Thursday, July 29, 2021, now scheduled to begin at 12:00 p.m. Eastern Time / 9:00 a.m. Pacific Time.
LGIQ

Hot Stocks

08:36 EDT Logiq expands media buying to Asia Pacific for any size brand - Logiq has expanded its Logiq Digital Marketing platform to include direct media buying access to web, mobile and connected TV, and audio media providers across the Asia Pacific, or APAC, region. By expanding its footprint to localized inventory offered in APAC, LDM brings access to these international consumers within the reach of small and medium-sized agencies and brands who sell in these markets. The offering also optimizes the delivery of an ad to an APAC consumer so that it can occur within 50 milliseconds, even if the campaign is managed by an agency or brand halfway around the world. "In order to compete with larger agencies and brands, it has traditionally required large ad spends and supporting resources. Now with LDM, agencies and brands have a partner who can provide them the benefits of enterprise scale and reach without the associated costs and commitments. They can now reach the same consumers as their larger competitors, but at a fraction of the cost," the company said.
BLIN

Hot Stocks

08:35 EDT Bridgeline Digital receives over $7.3M in warrant exercises - Bridgeline Digital announced it has received over $7.3M in cash, including the $2.5M previously disclosed, as a result of the recent warrant exercises. These warrants were originally issued in 2019 with a strike price of $4.00. These funds bring Bridgeline's cash balance to more than $9M with 8,393,609 shares of common stock outstanding. The new capital is above and beyond Bridgeline's fully capitalized operating plan. The additional funds will be used to accelerate growth and execute Bridgeline's eCommerce 360 strategy to drive traffic, increase conversions and grow average order value for its 2,500 customers.
KO

Hot Stocks

08:34 EDT Coca-Cola CEO: Recovery remains 'asynchronous' - Comments taken from Q2 earnings conference call.
SPNS

Hot Stocks

08:34 EDT Sapiens and Munich Re partner for commercial insurance services - Sapiens announced a partnership with Munich Re, a provider of reinsurance, primary insurance and insurance-related risk solutions, to offer technology-led consultancy and services to enable primary insurers to better serve the commercial insurance market - small and medium sized businesses - in the UK, thereafter expanding to the Nordics and South Africa. The joint offering aims to provide a modular, scalable technology refresh that empowers insurers to tailor offerings to the growing SME sector and actively contribute to the post-COVID-19 recovery phase. In the UK there have been more than 200,000 new businesses formed year-to-date with the majority around retail, business services and construction.
JSDA

Hot Stocks

08:33 EDT Jones Soda announces launch of augmented reality labels - Jones Soda is bringing its labels to life with a series of augmented reality labels showcasing 15 extreme athletes and edgy artists in action - literally. The AR labels, which span five top-selling soda flavors, are activated with a new Jones Soda app and will appear on 1.5 million bottles hitting store shelves in the U.S. and Canada this month. The Company is also holding a contest to select videos for a planned 2022 series. Building on Jones Soda's long-time association with action sports and creators of all kinds, the initial AR labels spotlight influencers ranging from a gravity-defying professional scooter rider with 150,000 Instagram followers to a tattoo artist, jewelry designer and street muralist. The list also includes a BMX rider, beach volleyball player, breakdancer, roller skater, skateboarder, surfer, and a circus performer who says she lives for the adrenaline rush of fire spinning.
KMPH

Hot Stocks

08:33 EDT KemPharm announces US launch of ADHD treatment AZSTARYS - KemPharm announced the U.S. commercial launch of AZSTARYS, a once-daily product for the treatment of attention deficit hyperactivity disorder in patients age six years and older. Corium, a portfolio company of Gurnet Point Capital, is leading the commercialization of AZSTARYS in the U.S. AZSTARYS was approved by the U.S. Food and Drug Administration in March 2021. "The U.S. commercial launch of AZSTARYS is a significant milestone for KemPharm and an important advancement in the treatment of ADHD, a disease indication that has seen little innovation in recent years," said Travis Mickle, Ph.D., President and CEO of KemPharm. "Since the FDA's approval of AZSTARYS in March, the various teams across Corium have been working diligently to ready AZSTARYS for its U.S. launch. We believe Corium has built a best-in-class commercial organization, and as a result, we expect the market potential for AZSTARYS will be maximized. It is great news that patients living with ADHD will now have a new treatment option with the potential to address previously unmet needs because of AZSTARYS' unique prodrug platform."
AUVI

Hot Stocks

08:32 EDT Applied UV announces Airocide installation in Thailand hospital - Applied UV announced that its Thailand distributor, V Eye Precision, has installed additional Airocide units in Bangkok Metropolitan Administration Lat Krabang Hospital, to help create cleaner environments for patients, visitors and staff. Applied UV continues to enhance its distributor relationships throughout Southeast Asia to meet the demand for its air and surface infection control products.
DKNG

Hot Stocks

08:32 EDT DraftKings Marketplace to launch as NFT ecosystem, exchange - DraftKings revealed plans to launch DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. Once launched, millions of customers will have the ability to seamlessly buy, sell and trade digital collectibles across sports, entertainment and culture using their existing DraftKings account. Additionally, as part of a new strategic relationship, DraftKings Marketplace will also be the exclusive distributor of NFT content from NFT platform Autograph, which leverages official licensing of prominent athletes and celebrities to provide a wide array of digital collectibles. The initial drops on DraftKings Marketplace for USD purchase will be the "Pre-Season Access" collection, which will showcase NFTs of legendary athletes from Autograph's roster of talent and partners while also giving fans a chance to obtain preferred access to future releases. DraftKings Marketplace will also serve as a secondary-sale platform where users can buy, sell and trade digital collectibles bought within the marketplace community. Autograph's esteemed advisory board will help design custom NFTs exclusively for Autograph that will begin rolling out later this summer via DraftKings Marketplace drops. While DraftKings Marketplace will be the exclusive purveyor of sports NFTs from Autograph, the collaboration may eventually branch into other verticals like entertainment, lifestyle and culture.
MGTA

Hot Stocks

08:30 EDT Magenta Therapeutics trading resumes
TELA

Hot Stocks

08:30 EDT Tela Bio announces first use of OviTex LPR Reinforced Tissue Matrix - TELA Bio announced the first use of its OviTex LPR Reinforced Tissue Matrix in Europe. Paul Wilson, Consultant General Surgeon at University Hospitals of Morecambe Bay NHS Foundation Trust, successfully performed Europe's first minimally invasive hernia repair with OviTex LPR. This critical milestone marks the first phase of a comprehensive commercial launch of OviTex LPR across Europe, which is expected to commence in Q4 of 2021. Purposefully designed to help facilitate the transition of complex open hernia procedures to laparoscopic or robotic approaches, OviTex LPR provides surgeons with a trocar-compatible reinforced biologic available in a variety of sizes.
ORMP

Hot Stocks

08:30 EDT Oramed's Oravax oral vaccine clinical trial approved by Israel's IRB - Oramed announced several updates for its majority-owned company Oravax Medical. Oravax capitalizes on Oramed's proprietary protein oral delivery technology in the development of oral vaccines that are now only available via injection. Oravax is the exclusive owner of a virus-like particle - VLP - vaccine technology that targets three SARS CoV-2 virus surface proteins, making the vaccine potentially effective against current and future variants of the COVID-19 virus. The VLP vaccine is being tested in preclinical studies against COVID-19 variants including the Delta variant. Oravax is gearing up to commence clinical trials for its oral COVID-19 vaccine, first in Israel, then in additional clinical sites internationally. The study protocol has been approved by the Institutional Review Board - IRB - at Ichilov Hospital in Tel Aviv, Israel and is now pending approval from the Israeli Ministry of Health. GMP manufacturing for the oral vaccine is under way. The oral VLP COVID-19 vaccine is being developed for use both as a standalone vaccine as well as a booster for people who have been previously vaccinated for COVID-19. Oramed is currently evaluating several options with respect to its interest in Oravax, including distributing a portion of its holdings to its shareholders. Oravax has out-licensed certain rights in the territory of India to Premas Biotech, the original developer of the novel vaccine. Oravax is entitled to royalties upon commercialization of this vaccine in India. Premas plans to manufacture, test, and potentially commercialize the injectable version of the VLP vaccine in India.
BIOC

Hot Stocks

08:25 EDT Biocept gets final LCD to widen Medicare coverage 'Target Selector' assay - Biocept has received a positive final Local Coverage Determination LCD that expands Medicare coverage for use of its Target Selector assay to identify the HER2 biomarker from circulating tumor cells. This coverage determination from the Centers for Medicare & Medicaid Services Molecular Diagnostics Program ,MolDx, was effective July 4. About 20% of breast cancers are HER2-positive, with metastatic cancers more likely to be HER2-positive and approximately 20% of HER2-positive patients experiencing recurrence each year. Given the efficacy of various anti-HER2 therapies, testing for HER2 is one of the most important sources of information used by oncologists in making treatment decisions for patients with breast cancer. As a result, guidelines for breast cancer recommend that all patients with new primary or newly metastatic breast cancer be tested for HER2. Traditionally, testing has been performed using tissue. However, adequate tissue from the original biopsy may not be available, and additional invasive biopsy procedures are often impractical and associated with complications. "Target Selector is a highly sensitive assay for identifying HER2 status that is less invasive, more time-efficient and more cost-effective than tissue biopsy," said Michael Dugan, M.D., Biocept's Senior Vice President, Chief Medical Officer and Medical Director. "Metastatic tumors often show genetic changes that are associated with disease progression and frequently have features of HER2 gene amplification that are not present in the primary tumor. Target Selector's ability to both detect and characterize the tumor cells provides critical information to help identify patients who may benefit from advanced targeted therapies, with the potential to significantly improve patient outcomes."
HCHC

Hot Stocks

08:21 EDT HC2 Holdings provides $15M Series C investment to R2 Technologies - HC2 Holdings announced that it has provided an additional $15M in Series C funding to R2 Technologies at a post-money valuation of $150M. The investment was made through HC2's life sciences subsidiary Pansend Life Sciences, a founding investor in R2. The funds will be used to expand R2's corporate footprint and to accelerate U.S. commercialization of Glacial Rx, its first-to-market CryoAesthetic treatment, which is FDA-cleared to remove benign lesions and temporarily reduce pain, swelling and inflammation. The investment also will fuel global growth and development of R2 Technologies' upcoming innovations that are planned for future rollout. "This investment represents our confidence in the growth potential of R2 as it shifts to a revenue-driving phase following the commercial launch of Glacial Rx earlier this year," said Wayne Barr, HC2's President and CEO. "We are proud to continue to support R2 as it grows and delivers its innovative technologies to an expanding global market."
NTWK

Hot Stocks

08:20 EDT NetSol Technologies joins Consumer Bankers Association - NETSOL Technologies announced that it has become an associate member of the Consumer Bankers Association. CBA is the only member-driven trade association focused exclusively on retail banking, representing the nation's largest financial institutions and the top providers of goods and services to banks.
PLPRF

Hot Stocks

08:19 EDT Plus Products announces return of limited-edition of hash-based gummies - Plus Products announced that it is releasing a second batch of its limited edition PLUS Hash Gummies, made in concert with Biscotti Brands following substantial consumer and retailer demand for the initial product release. The Company's orange blossom-flavored PLUS Hash Gummies are infused with cold water hash extracted from MAC flower, a hybrid strain known for its relaxing and uplifting effects. Each gummy contains 10mg of THC and is flavored with all-natural essence from Seville and Valencia oranges and orange blossom to complement MAC's smooth citrus and floral accents.
MCHP

Hot Stocks

08:19 EDT Microchip announces production shipments of first NVMe, 24G SAS adapters - Microchip Technology announced the Adaptec Smart Storage PCIe Gen 4 NVMe Tri-Mode SmartRAID 3200 RAID Adapters, and Adaptec SmartHBA 2200 and Adaptec HBA 1200 Host Bus Adapters. These adapters enable next-generation NVMe and 24G SAS connectivity and manageability while delivering security required for next-generation data center infrastructure.
METX

Hot Stocks

08:18 EDT Meten Edtechx reports 241% student enrollment increase in 1H21 - Meten EdtechX announced that the gross billing and student enrollment of its junior ELT business in the first half of 2021 increased by 316.9% and 240.9% respectively compared to the same period of last year, and increased by 97.9% and 64.4% respectively compared to June 2020. The gross billing of the Company's junior ELT business in June 2021 increased by 97.5% year over year and increased by 21.3% compared with the same period in 2019. The company is actively expanding its junior ELT business within its current network of 22 cities. The gross billing from student renewals and referrals accounted for 54.5% of the total gross billing of the company's junior ELT business in June 2021.
LGF.A...

Hot Stocks

08:17 EDT Autograph announces strategic relationships with Lionsgate, DraftKings - Autograph, an NFT platform revolutionizing the art and experience of collecting, and co-founded by Tom Brady, announced its strategic relationships with Lionsgate (LGF.A, LGF.B) and digital sports entertainment company DraftKings (DKNG). Autograph also revealed multi-year, exclusive NFT deals with an all-star roster of iconic athletes including Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka and Tony Hawk, who will be joining the Autograph's Advisory Board and help cement the company's position as the official NFT partner of the world's most iconic talent. With an official NFT launch slated for later this summer, Autograph users can sign up now to be members of the early access platform and tokenize their names for free. Sports-related, officially licensed Autograph NFT content will be sold exclusively on DraftKings Marketplace, which is expected to debut later this summer. DraftKings Marketplace is a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions. Once launched, millions of customers will have the ability to seamlessly buy, sell and trade digital collectibles across sports, entertainment and culture using their existing DraftKings account.
PNT

Hot Stocks

08:15 EDT Point Biopharma, Isotopia announce Lutetium-177 clinical supply agreement - POINT Biopharma Global and Isotopia Molecular Imaging announced that they have signed a clinical supply agreement for the medical radioisotope no-carrier-added Lutetium-177, a therapeutic isotope used in POINT's pipeline of radiopharmaceutical assets. Lu-177 is used in Precision Oncology for Targeted Radionuclide Therapy. The 6.6-day half-life of Lu-177 is sufficiently short for use with a variety of radiopharmaceuticals, and long enough to minimize decay loss during preparation and shipping of the radiopharmaceutical. Lu-177 damages tumors when bound to disease-specific targeting therapeutics, such as POINT's PSMA targeting drug candidate PNT2002 for metastatic castration-resistant prostate cancer. Isotopia's Lu-177 contains no metastable Lu-177m, eliminating cost intensive clinical waste management. Isotopia's Lu-177 will be used at POINT's Indianapolis facility in the manufacturing of its therapeutic radioligand therapies. "One of POINT's key focuses has been building a robust and fault-redundant supply chain, as the materials sourcing, manufacturing and logistics hurdles in the radiopharmaceutical industry are significant," said Dr. Joe McCann, CEO of POINT. "As a leading supplier of high purity radioisotopes, Isotopia is an ideal partner for us; their ability to reliable delivery n.c.a Lu-177 will further strengthen our manufacturing facility's ability to efficiently deliver finished clinical product for our ongoing clinical trials."
ARQT

Hot Stocks

08:13 EDT Arcutis Biotherapeutics develops new method for measuring psoriasis - Arcutis Biotherapeutics, in conjunction with leading psoriasis experts, has developed a revised scale for gauging severity of plaque psoriasis that offers greater precision for measuring disease extent and therapeutic effects in patients with mild-to-moderate disease. Arcutis shared details of the new approach in the peer-reviewed scientific journal Dermatology and Therapy. The article notes that disease severity is an essential outcome measure in clinical trials of new treatments for plaque psoriasis. However, the most common clinical measure to assess disease severity-the Psoriasis Area and Severity Index (PASI)-is geared toward more-severe levels of disease. To address this shortcoming, Arcutis has introduced a key modification to PASI that more accurately measures severity and evaluates treatment effectiveness for areas of the body with mild-to-moderate levels of disease. The new method, PASI-high discrimination, is designed to be used in clinical trials among patients for whom the areas of affected body surface within the anatomical regions measured by PASI are less than 10%.
MOTS

Hot Stocks

08:12 EDT Motus GI Holdings secures expanded $12M credit financing - Motus GI Holdings announced that it has successfully refinanced its debt and expanded its long-term credit facility by securing a new loan agreement with Kreos Capital VI LP for up to $12.0 million, which replaces the previous term loan agreement with Silicon Valley Bank and removes the existing $10.0 million minimum cash balance liquidity covenant.
ITPOF

Hot Stocks

08:11 EDT Intertape Polymer announces renewal of normal course issuer bid - Intertape Polymer Group is pleased to announce that the Toronto Stock Exchange has approved the renewal of the Company's normal course issuer bid. Under the renewed NCIB, the Company will be entitled to repurchase for cancellation up to 4,000,000 common shares, representing 7.12% of the Company's "public float" as of July 9, 2021, over a twelve-month period starting on July 23, 2021 and ending on July 22, 2022. The purchases by the Company will be effected through the facilities of the TSX and on other alternative trading systems in Canada, and will be made at the market price of the shares at the time of the purchase. There were 59,060,327 common shares of the Company issued and outstanding as of July 9, 2021, of which 56,158,128 shares constituted the "public float". During the most recently completed six months, the average daily trading volume for the common shares of the Company on the TSX was 217,898 shares. Consequently, under the policies of the TSX, the Company will have the right to repurchase during any one trading day a maximum of 54,474 common shares, representing 25% of the average daily trading volume. In addition, the Company may make, once per calendar week, a block purchase of common shares not directly or indirectly owned by insiders of the Company, in accordance with the policies of the TSX. The Company is renewing its NCIB because it believes that the repurchase of common shares at certain market prices is beneficial to the Company and its shareholders. The Company intends to make any purchases on an opportunistic basis, taking share price and other considerations into account. Any purchases made pursuant to the NCIB will be made in accordance with the requirements of the TSX. Except for exempt offers, the Company will make no purchases of common shares other than open market purchases during the period of the NCIB. Under the Company's current NCIB, which expires on July 22, 2021, the Company is authorized to purchase up to 4,000,000 shares. The Company did not repurchase any common shares under its current NCIB during the twelve months ended June 30, 2021.
ZGNX

Hot Stocks

08:10 EDT Zogenix's FINTEPLA recognized by clinicians in editorial - Zogenix announced that its product FINTEPLA oral solution has been recognized by two distinguished clinicians in an Epilepsy & Behavior editorial titled "Raising the Bar: Fenfluramine Sets New Treatment Standards for Dravet Syndrome." In the editorial, the authors, Joseph Sullivan, M.D., of the UCSF Benioff Children's Hospitals, and Helen Cross, M.B.,Ch.B. Ph.D., of the UK's UCL Institute of Child Health, note that the treatment and diagnosis of severe, rare epilepsies such as Dravet syndrome have improved in the U.S. and Europe with earlier accurate diagnosis, better access to a network of specialized medical care, and availability of new medications. In particular, they note that FINTEPLA has achieved responder rates for seizure reduction at the greater than/=75% level that were previously only observed at the greater than/= 50% level. In their assessment, the authors write that future Dravet syndrome treatments "should be evaluated against the demonstrated efficacy of fenfluramine." FINTEPLA was approved in the U.S. and European Union in 2020 for the treatment of seizures associated with Dravet syndrome patients aged two years and older. The authors write that the novel outcomes reported with FINTEPLA treatment, such as effects on executive functions, have effectively raised the bar for assessment of future therapies. Their opinion is based on the body of previously released data from the clinical trials that supported the U.S. and EU regulatory reviews, as well as data from patients treated up to three years in an ongoing open-label study and in early access programs. Across studies, the data demonstrate that FINTEPLA provides safe, effective, and durable seizure reduction for a majority of treated Dravet syndrome patients, including those who, prior to treatment with FINTEPLA, had continued to experience a high seizure burden despite treatment with one or more other antiepileptic medicines.Across studies, FINTEPLA has been generally well-tolerated, with no observed cases of pulmonary arterial hypertension or valvular heart disease. The most common adverse events were reported as decreased appetite, fatigue, diarrhea, and pyrexia.
BBBY

Hot Stocks

08:09 EDT Bed Bath & Beyond says flagship store in NYC to reopen on 7/22 - Bed Bath & Beyond announced its flagship store in New York City will reopen on July 22, after undergoing a complete transformation since last December to modernize the in-store shopping experience and help customers on their journey to "home, happier." The renovated 92,000 square-foot flagship, located at 620 6th Avenue in Chelsea, is an expression of the new Bed Bath & Beyond and its market leadership in destination categories of bed, bath, kitchen & dining, indoor decor, and organization in the $180B home market.
CE

Hot Stocks

08:09 EDT Celanese opens pharmaceutical drug delivery lab at Florence, Kentucky - Celanese announced an expansion of its Florence, Kentucky research and development center with the addition of a Pharmaceutical Drug Delivery Feasibility Lab. The new feasibility lab will drive new development for long-acting controlled release drug delivery. This represents a significant investment and commitment to the Pharmaceutical segment of Celanese's engineered materials business. The feasibility lab expands pharmaceutical companies' access to highly customized materials and service solutions. The new Florence pharmaceutical feasibility lab enables Celanese to accelerate customers' development projects for long-acting delivery of small molecules, biologics and RNA. Services include material characterization; injection molding, hot-melt extrusion, and other prototyping capabilities; monolithic or multi-layer drug-loaded prototypes; in vitro characterization and drug release studies; and tooling design and development. "When Celanese works with pharmaceutical customers, we first seek to understand their design challenges and identify factors that are critical to quality," noted Jeff Haley, Senior Manager and Product Specialist, Pharmaceutical Development for Celanese. "We then assemble the right team of experts, select the right tool set, and develop a program plan to help solve their materials challenges. Technical or materials requirements vary by customer, and Celanese is here to offer targeted solutions to ensure our customers can quickly bring to market a successful product that has a meaningful impact on patient health and quality of life."
ACLS

Hot Stocks

08:08 EDT Axcelis makes first shipment of Purion EXE Power Series to new customer in China - Axcelis announced today the first shipment of the Purion EXE Power Series SiC high energy system to a new customer in China. In addition, the company reported multiple follow on shipments of Purion M Power Series SiC medium current and Purion XE Power Series SiC high energy implanters, to several leading SiC power device manufacturers located in Asia and Europe. The Purion Power Series product line features Axcelis' innovative solution for high temperature silicon carbide processing. The systems, which shipped in Q2 and Q3, will be used in high volume production of power devices supporting the automotive market's accelerating shift to electric vehicles.
CTVA

Hot Stocks

08:07 EDT Corteva raises quarterly dividend 7.7% to 14c from 13c per share - Payable September 15 to the company's shareholders of record on August 13.
MRUS INCY

Hot Stocks

08:07 EDT Merus announces publication on MCLA-145's mechanism of action - Merus (MRUS) announced the novel mechanism of action of MCLA-145, the company's clinical stage Biclonics T-cell agonist. MCLA-145 binds with high affinity and specificity to PD-L1 and CD137. The immunostimulatory mechanism of action of MCLA-145 was published in Nature Communications on June 21, 2021, titled "A human CD137PD-L1 bispecific antibody promotes anti-tumor immunity via context dependent T cell costimulation and checkpoint blockade." "Our recent Nature Communications publication is another example of the power and potential of our unique Biclonics platform technology allowing for high throughput functional screening to discover novel Biclonics -human, common light chain, IgG antibodies in the bispecific format-that can unlock innovative biology," said Cecile Geuijen, Chief Scientific Officer. "Preclinically, MCLA-145 has been observed to potently activate immune effector cells, only in the context of the tumor microenvironment, and can simultaneously block inhibitory signals in the same immune cell population." MCLA-145 is currently being evaluated in a phase 1 open-label, multicenter dose escalation study, including a planned safety dose expansion phase, in patients with solid tumors. MCLA-145 is the first drug candidate co-developed under Merus' global collaboration and license agreement with Incyte (INCY), which permits the development and commercialization of up to 11 bispecific and monospecific antibodies from our Biclonics platform. Merus retains full rights to develop and commercialize MCLA-145, if approved, in the United States; and Incyte holds full rights to develop and commercialize MCLA-145 outside the United States.
DRNA

Hot Stocks

08:07 EDT Dicerna announces interim results from belcesiran trial with AATLD - Dicerna Pharmaceuticals announced interim results from the four completed active-treatment dose cohorts of its Phase 1 double-blind, placebo-controlled, randomized trial of belcesiran, an investigational GalXC RNAi therapeutic in development for the treatment of alpha-1 antitrypsin deficiency-associated liver disease, AATLD. AATLD is a rare genetic condition that can lead to liver fibrosis, cirrhosis and hepatocellular carcinoma. Data from this interim analysis showed dose-dependent reductions in serum alpha-1 antitrypsin with administration of a single dose of belcesiran. In this analysis, belcesiran was found to have an acceptable safety profile and was generally well tolerated. The primary treatment evaluation period for the final dose cohort of belcesiran in the Phase 1 trial is ongoing. "We are encouraged by the interim results from this first clinical trial of belcesiran, which met our objective, demonstrating an acceptable safety profile and tolerability as well as dose-dependent reductions in AAT levels over the treatment period," said Shreeram Aradhye, M.D., Executive Vice President and Chief Medical Officer at Dicerna. "Given the severity and progressive nature of AATLD, there is a significant need for a therapy that can directly impact the aggregation of mutated AAT protein in the liver. In addition to demonstrating that belcesiran was well tolerated, the results from this study suggest that belcesiran has the potential to meaningfully reduce the production of abnormal AAT protein - a key objective in developing a pharmacological intervention for people with AATLD."
VIRX

Hot Stocks

08:06 EDT Viracta Therapeutics' IND for EBV+ solid tumors Phase 1b/2 trial cleared by FDA - Viracta Therapeutics' Investigational New Drug application to proceed into a Phase 1b/2 trial in patients with EBV+ recurrent or metastatic nasopharyngeal carcinoma and other EBV+ solid tumors has been cleared by the FDA. The global Phase 1b/2 trial is designed to evaluate the safety and preliminary efficacy of Viracta's all-oral combination regimen in advanced EBV+ solid tumors and in combination with the PD-1 inhibitor pembrolizumab in EBV+ RM-NPC. Initiation of the trial is expected in the second half of 2021. The Phase 1b dose escalation portion of the trial is designed to evaluate safety, pharmacokinetics, and determine the recommended Phase 2 dosing regimen of nanatinostat and valganciclovir for expansion in patients with EBV+ solid tumors.
GTT

Hot Stocks

08:06 EDT GTT Communications launches Secure Co-Manage feature - GTT Communications has announced the addition of the Secure Co-Manage feature to its EtherVision portal to provide customers with enhanced network security visibility and the ability to make real-time changes to network configuration and firewall policies. The new portal feature, available with GTT SD-WAN and Security Services, provides expanded visibility into network security and performance. It offers enhanced self-service functionality that allows customers to respond quickly to security threats and ensure optimized application performance. GTT's Secure Co-Manage feature provides full security management capability that includes firewall policy and object management plus the configuration of next-generation features for advanced firewall services. Customers can monitor historical and occurring network threat events and garner meaningful insights into log data, traffic flows and execution of security features including intrusion prevention, anti-virus, application control, web filtering and sandbox executions. Customers also gain insight into enterprise network behavior, including high-risk applications and detected threats. Additionally, IT system administrators have flexibility to adjust network access controls based on user status.
MNR EQC

Hot Stocks

08:06 EDT Starwood Capital raises bid for Monmouth Real Estate to implied $18.88 per share - Starwood Capital Group announced that its affiliate Starwood Real Estate Income Trust has made an enhanced all-cash, fully financed, fully actionable proposal to acquire Monmouth Real Estate Investment Corporation (MNR) for $19.51 per Monmouth share reduced by the termination fee owed to Equity Commonwealth (EQC) of $62.2M, or 63c per share. This proposal implies a net consideration of $18.88 per share to the Monmouth shareholders after payment of the termination fee. The revised proposal, submitted on July 15, includes an increase in the all-cash net consideration payable to Monmouth shareholders from Starwood Capital's previous proposal of $18.70 per Monmouth share, made on July 8. "Starwood Capital urges the Monmouth Board of Directors to immediately declare Starwood Capital's proposal a superior proposal under the terms of its existing merger agreement with EQC and to act without delay to finalize a transaction with Starwood Capital... Starwood Capital has asked the Monmouth Board to evaluate the merits of its cash offer in determining superiority, however Starwood Capital has expressed a willingness to consider the issuance of OP units for shareholders interested in a tax efficient transaction," the company stated.
BIIB

Hot Stocks

08:05 EDT Mirimus forms collaboration with Biogen focused on RNAi-based therapeutics - Mirimus, a pioneer in RNAi therapeutic design and CRISPR/Cas9 gene editing technology implementation, announced a strategic collaboration with Biogen focused on the development of RNAi-based therapeutics targeting multiple, undisclosed neurological disease indications. Terms of the collaboration between Mirimus and Biogen are undisclosed.
APRE

Hot Stocks

08:05 EDT Aprea announces results from phase 2 trial of eprenetapopt with azacitidine - Aprea Therapeutics announced positive results from its Phase 2 trial evaluating eprenetapopt with azacitidine for post-transplant maintenance therapy in patients with TP53 mutant MDS and AML. In 33 patients enrolled in the trial, the relapse free survival at 1 year post-transplant was 58% and the median RFS was 12.1 months. The overall survival at 1 year post-transplant was 79%, with a median OS of 19.3 months. Prior clinical trials evaluating post-transplant outcomes in TP53 mutant MDS and AML patients have reported a 1-year post-transplant RFS of ~30% and a median OS of ~5-8 months. In addition, the post- transplant regimen of eprenetapopt and azacitidine was well tolerated among patients in the clinical trial. The company plans to discuss the data from this Phase 2 clinical trial with the Food and Drug Agency in the second half of 2021 and expects to present data at a future scientific or medical conference.
AMC

Hot Stocks

08:04 EDT AMC Entertainment names CEO Adam Aron chairman of the board - AMC Entertainment announced that it has named Adam Aron, CEO and president of AMC since 2016, as its chairman of the board. As Aron will serve both as chairman and CEO of AMC, the board has selected ambassador Philip Lader to serve as its lead director. Aron has served AMC as CEO and president and as a member of the board since January of 2016. The new appointments for Aron and Lader follow the expected resignations from the AMC board of Lin Zhang and Mao Jun Zeng. Both are senior executives of China's Wanda Group. Wanda was the controlling shareholder of AMC between 2012 and 2020, and recently sold most of its AMC shares.
TZOO

Hot Stocks

08:03 EDT Travelzoo reports 31.3M members globally as of June 30 - The company said, "As of June 30, 2021, we had 31.3 million members worldwide. In North America, the unduplicated number of Travelzoo members was 17.7 million as of June 30, 2021, up 6% from June 30, 2020. In Europe, the unduplicated number of Travelzoo members was 8.5 million as of June 30, 2021, down 6% from June 30, 2020. Jack's Flight Club had 1.7 million subscribers as of June 30, 2021, consistent with 1.7 million subscribers as of June 30, 2020."
ERJ

Hot Stocks

08:03 EDT Embraer delivers 14 commercial, 20 executive jets in Q2 - Embraer delivered a total of 34 jets in the second quarter, of which 14 were commercial aircraft and 20 were executive jets (12 light and eight large). As of June 30, the firm order backlog totaled $15.9B, a 12% increase compared to the backlog at the end of the first quarter, and which represented a return to pre-pandemic levels.
MNR

Hot Stocks

08:03 EDT Starwood Capital Group confirms raised takeover bid for Monmouth Real Estate
CTVA

Hot Stocks

08:03 EDT Corteva increases common stock dividend 7.7% to 14c per share - Corteva has authorized a common stock dividend of 14c per share, payable September 15 to shareholders of record on August 13, an annualized increase of 7.7% over the previous quarterly dividend. The Board of Directors of Corteva's wholly-owned subsidiary E. I. du Pont de Nemours declared regular preferred stock dividends of $1.12-1/2 per share on the $4.50 series preferred stock and $0.87-1/2 per share on the $3.50 series preferred stock - both payable October 25, 2021 to EID stockholders of record on October 8.
MGTA

Hot Stocks

07:55 EDT Magenta Therapeutics trading halted, news pending
CEMI

Hot Stocks

07:54 EDT Chembio reports $28.3M purchase order for DPP SARS-CoV-2 antigen tests in Brazil - Chembio Diagnostics announced its receipt of a $28.3M purchase order from Bio-Manguinhos for the purchase of Chembio's DPP SARS-CoV-2 Antigen tests for delivery during 2021 to support the urgent needs of Brazil's Ministry of Health in addressing the COVID-19 pandemic. "Chembio's delivery of the full number of tests covered by the purchase order may be affected by limitations of Chembio's supply chain, staffing, and liquidity, and other matters outside Chembio's control. Bio-Manguinhos, a subsidiary of the Oswaldo Cruz Foundation, is responsible for the development and production of vaccines, diagnostics, and biopharmaceuticals, primarily to meet demands of Brazil's national public health system. Chembio has a long-standing relationship with Bio-Manguinhos, having supplied multiple products for point-of-care detection of COVID-19 antibodies, HIV, and other infectious diseases. Bio-Manguinhos received regulatory approval from Agencia Nacional de Vigilancia Sanitaria in March 2021, following ANVISA approval of the test for Chembio's Brazilian subsidiary in November 2020," the company stated. In pre-market trading, Chembio Diagnostics shares have risen $2.17, or 105%, to $4.23.
VRTX

Hot Stocks

07:49 EDT Cathie Wood's ARK Investment bought 108.3K shares of Vertex Pharma on Tuesday
COIN

Hot Stocks

07:48 EDT Cathie Wood's ARK Investment bought 138.8K shares of Coinbase on Tuesday
U

Hot Stocks

07:47 EDT Cathie Wood's ARK Investment bought 102.3K shares of Unity Software on Tuesday
QIWI

Hot Stocks

07:36 EDT Qiwi announces the sale of its stake in Tochka Project - QIWI announced that it has entered into an agreement to sell its stake in JSC Tochka to Bank Otkritie Financial Corporation PJSC. Tochka is QIWI's equity associate that was established by QIWI, Otkritie Bank and Tochka's management team in June 2018. QIWI Bank and Otkritie Bank both provide banking services to Tochka clients, while Tochka handles IT infrastructure, support and related services. As of December 31, 2020, Tochka had approximately RUB 96B in customer balances and had over 580,000 clients. QIWI has entered into an agreement with Otkritie Bank to sell its 40% stake in the capital of Tochka, which represents a 45% economic interest in the company. The value of QIWI's stake was estimated at RUB 4.95B, which may be revised up or down depending on Tochka's FY 2021 audited results. The total amount of investment that QIWI made into the Tochka project equals to RUB 2.1B. Throughout the holding period QIWI has also received RUB 0.6B in dividends from Tochka. As a result, the deal delivers an approximately 2.5x return on QIWI's total investment, representing an IRR of 35%. Closing is subject to the approval of the Federal Antimonopoly Service of the Russian Federation and is expected to take place in 3Q 2021. The final deal price adjustment will be performed on the basis of Tochka's audited results for the year 2021, once available, and is expected to be settled in 2Q 2022. At this stage QIWI's full year 2021 guidance remains unchanged. Andrey Protopopov, CEO of QIWI, commented, "Though the partners were implementing a multibank model in this joint venture, over time it became clear that for us the project had turned into a successful financial investment rather than a strategic direction for further development. When Tochka's majority shareholder Otkritie Bank proposed to acquire our stake in the project at an attractive price, while agreeing to continue our mutually beneficial cooperation, we viewed it as a timely and welcome exit opportunity. As a result, we are pleased with the agreement reached on price and consider the timing of the transaction to be advantageous. We can now say with confidence that our financial investment in Tochka has proved to be successful."
AFI

Hot Stocks

07:32 EDT Armstrong Flooring remains 'steadfast' in executing transformation plan - CEO Michel Vermette continued, "In the second quarter, we remained steadfast in executing our multi-year transformation plan, while appropriately adjusting to the current environment. We saw positive accomplishments against the three pillars of our plan: expanding customer reach, simplifying product offerings and operations, and strengthening our core capabilities. As it relates to expanding customer reach, we began selling Armstrong Flooring Pro products to customers in the builder and multifamily channel and we continue to see positive customer reactions from our Armstrong Flooring Signature products. We also made our initial sales into the hospitality channel in the second quarter, and our sales force is actively pursuing future growth opportunities in this new vertical. With regard to simplifying product offerings and operations, we continued to experience strong momentum from our Quick Ship program, which just under one-year into its existence, experienced its strongest quarter, and the fourth sequential quarter of growth. In addition, we completed the closure of our South Gate, California facility in the second quarter, transitioning production to our existing U.S. manufacturing facilities. Collectively, these efforts have simplified our manufacturing footprint and streamlined our product delivery capabilities.Furthermore, we continued to strengthen our portfolio and organization while remaining attentive to the dynamic supply chain environment, adapting our supply chain to increase safety stock to mitigate longer lead times, and also exploring additional suppliers and alternative shipping options to combat global shipping container shortages. Additionally, we opened our new corporate office headquarters. This move, along with the first quarter opening of a first of its kind technical center, gives our teams the ability to work cohesively in a modern and energized space and promotes further collaboration and innovation at Armstrong Flooring. Along with providing a fresh and modern space for us to continue our journey, our headquarters move also results in future cost savings of approximately 60% in corporate lease expenses compared to our prior facility."
INZY

Hot Stocks

07:32 EDT Inozyme receives Orphan Drug Designation for INZ-701 from EMA - Inozyme Pharma announced that the European Medicines Agency, or EMA, has granted Orphan Drug Designation to INZ-701 for the treatment of ABCC6 Deficiency. INZ-701, an investigational enzyme replacement therapy, was granted Orphan Drug Designation by the U.S. Food and Drug Administration and the EMA for the treatment of ENPP1 Deficiency. "Obtaining Orphan Drug Designation from the EMA for the treatment of ABCC6 Deficiency marks another important step toward providing relief for patients who currently have no treatment options and positions INZ-701 to become the first-ever available therapy for this condition," said Axel Bolte, MSc, MA, co-founder, president, and chief executive officer of Inozyme.
EHC

Hot Stocks

07:28 EDT Encompass Health to build 50-bed inpatient rehabilitation hospital in Florida - Encompass Health has placed land under contract to build a freestanding, 50-bed inpatient rehabilitation hospital in Lake Worth, Florida. The hospital, to be named Encompass Health Rehabilitation Hospital of Lake Worth, is expected to begin serving patients in 2024. Encompass Health Rehabilitation Hospital of Lake Worth will offer physical, occupational and speech therapies, and 24-hour nursing care, to restore functional ability and quality of life.
GTBIF

Hot Stocks

07:28 EDT Green Thumb to launch Good Green line to help marginalized communities - Green Thumb Industries announced plans to launch Good Green, a line of cannabis products dedicated to creating professional opportunities for marginalized communities impacted by the War on Drugs. Good Green grant applications are now open to nonprofits that support the brand's three pillars, including education, employment and expungement. Good Green builds upon the Company's existing corporate social responsibility program, Growing for Good, which is committed to advancing diversity and inclusion, restorative justice and social equity within the cannabis industry. Sales from Good Green products will fund grants awarded to nonprofits that provide cannabis career training, education and sustainable employment opportunities, as well as expungement legal services, to communities harmed by discriminatory cannabis policies. Green Thumb is allocating at least $1,300,000 in social equity grants via Good Green in the next 18 months. Registered 501(c)3 organizations that are selected by the program will receive funding from product sales.Green Thumb will announce its nonprofit partners in the coming months. For more information on Good Green's nonprofit application process, please visit www.good.green.
CMPS

Hot Stocks

07:24 EDT Compass Pathways appoints Danielle Schlosser as Senior-VP - COMPASS Pathways announced that it has appointed Danielle Schlosser PhD as Senior Vice-President, Clinical Innovation. Schlosser will lead COMPASS's Therapy Research and Training team, bringing her clinical experience in behavioral health and experience in digital health innovation. Danielle Schlosser joins COMPASS from Verily Life Sciences, a sister company to Google, where she was Behavioral Health Lead, overseeing the launch of several products including digital measurement capabilities and clinical care initiatives. Danielle is a member of the World Economic Forum's Global Future Council on Mental Health, and Chair of OneFifteen Health.
OLK

Hot Stocks

07:22 EDT UKB-PPP expands proteomics study of 53,000 participants to Olink Explore 3072 - Olink announced that the UK Biobank Pharma Proteomics Project has decided to expand the ongoing proteomics study of 53,000 participants to the new Olink Explore 3072 platform, providing access to Olink's expanded library of approximately 3,000 carefully curated and validated assays. The UK Biobank Pharma Proteomics Project, or UKB-PPP, a partnership between UK Biobank and biopharmaceutical companies, is currently performing one of the world's largest scientific studies of blood protein biomarkers conducted to date of 53,000 UK Biobank participants. The study aims to enable better understanding of disease biology and support innovative drug development for more effective therapies. By expanding the study from Olink Explore 1536 to the new Olink Explore 3072 platform, utilizing Next Generation Sequencing as a read-out to measure plasma protein concentration, UKB-PPP will double the number of available assays from almost 1,500 to close to 3,000. "We are very pleased that the growing consortium has decided to expand the study from Olink Explore 1536 to the Olink Explore 3072 platform. It underscores the confidence in Olink and our proprietary Proximity Extension Assay technology, which combines high throughput, high-quality protein-level measurements into data that can be trusted to uncover actionable insights", says Jon Heimer, CEO of Olink Proteomics.
PFE BNTX

Hot Stocks

07:21 EDT Pfizer, BioNTech in pact with Biovac to make, distribute Covid vaccine in Africa - Pfizer (PFE) and BioNTech (BNTX) announced the signing of a letter of intent with The Biovac Institute Ltd, known as "Biovac," a Cape Town-based, South African biopharmaceutical company, to manufacture the Pfizer- Biovac will perform manufacturing and distribution activities within Pfizer's and BioNTech's global COVID-19 vaccine supply chain and manufacturing network, which will now span three continents and include more than 20 manufacturing facilities. To facilitate Biovac's involvement in the process, technical transfer, on-site development and equipment installation activities will begin immediately. Pfizer and BioNTech expect that Biovac's Cape Town facility will be incorporated into the vaccine supply chain by the end of 2021. Biovac will obtain drug substance from facilities in Europe, and manufacturing of finished doses will commence in 2022. At full operational capacity, the annual production will exceed 100 million finished doses annually. All doses will exclusively be distributed within the 55 member states that make up the African Union. "From day one, our goal has been to provide fair and equitable access of the Pfizer-BioNTech COVID-19 Vaccine to everyone, everywhere," said Albert Bourla, Chairman and Chief Executive Officer, Pfizer. "Our latest collaboration with Biovac is a shining example of the tireless work being done, in this instance to benefit Africa. We will continue to explore and pursue opportunities to bring new partners into our supply chain network, including in Latin America, to further accelerate access of COVID-19 vaccines."
BABYF ABT

Hot Stocks

07:21 EDT Else Nutrition appoints Mike Glick as GM, VP, Else North America - ELSE NUTRITION HOLDINGS (BABYF) announced two strategic additions to the Company's executive team: Mr. Simeon Saunders as VP Global Medical Marketing and Scientific Affairs: The Company has hired Mr. Simeon Saunders as VP Global Medical Marketing and Scientific Affairs. In this capacity, Mr. Saunders will lead the company's global medical marketing, clinical and regulatory affairs worldwide, to enhance Else's global expansion in those areas. Simeon spent 25 years at Abbott Laboratories (ABT), where his final role was Divisional Vice President, Abbott Nutrition, for the Europe, Middle East, & Africa Area, before establishing an independent consultancy in 2018. Mr. Mike Glick, GM and VP Else North America: In this capacity, Mr. Glick will lead the U.S. subsidiary expansion, mainly in medical marketing retail and operations. Mike will also be responsible for the business operations as they expand into Canada. Mike joins Else from a VC-backed healthcare start-up called OFFOR Health where he was the Chief Growth Officer, tripling revenue and team size while helping the business earn Series A funding and it's first Inc 5000 award. Mike was previously with a Silicon Valley start-up called Before Brands where he was VP Sales and Marketing for SpoonfulOne, a product to help protect children from developing food allergies.
TCRX

Hot Stocks

07:20 EDT TScan Therapeutics to present discovery of T cell targets for COVID-19 - TScan Therapeutics announced that Gavin MacBeath, Ph.D., Chief Scientific Officer at TScan, will present the findings of TScan's work to discover the targets of T cells in recovering COVID-19 patients at the Cell-Mediated Therapies for Infectious Disease Summit. The company published these targets in an October 2020 paper in Immunity, showcasing the power of the company's high-throughput T-cell target discovery platform, TargetScan. "The widespread emergence of new variants of SARS-CoV-2 reinforces the need for next-generation vaccines and treatments that elicit a more natural T cell response to promote long-term immunity to the virus," said Dr. MacBeath. "Our TargetScan technology was able to quickly identify the precise epitope targets in the novel coronavirus that are recognized by the T cells of convalescent patients. We found that these epitopes mostly reside in conserved regions of the virus which are located outside of the Spike protein, and almost none of the mutations observed in the virus to date, including those found in the Delta variant, occur in the novel epitopes identified by TScan. Early studies of vaccine constructs designed with our T cell targets have shown promising in vitro results that warrant continued research in pursuit of second-generation vaccines to assist in the fight against the COVID-19 pandemic."
MRK

Hot Stocks

07:18 EDT Merck says EC gives marketing authorization in EU for sGC stimulator VERQUVO - Merck announced that the European Commission has granted marketing authorization in the European Union for soluble guanylate cyclase sGC stimulator VERQUVO, vericiguat). In the EU, VERQUVO is indicated for the treatment of symptomatic chronic heart failure in adult patients with reduced ejection fraction who are stabilized after a recent decompensation event requiring intravenous therapy. VERQUVO is being jointly developed by Merck and Bayer AG. Merck has the commercial rights to VERQUVO in the United States and Bayer has the exclusive commercial rights in the rest of world. Bayer also issued a news release earlier today announcing the EC approval. In January of this year, the U.S. Food and Drug Administration FDA approved VERQUVO in the U.S. to reduce the risk of cardiovascular death and heart failure hospitalization following a hospitalization for heart failure or need for outpatient IV diuretics in adults with symptomatic chronic heart failure and ejection fraction less than 45%. In the U.S., the product label for VERQUVO contains a boxed warning that indicates that VERQUVO should not be administered to pregnant females because it may cause fetal harm. For more information, see "Selected Safety Information" below. In June, the medicine was approved by the Ministry of Health, Labour, and Welfare in Japan. Bayer has also submitted applications for marketing authorization of the medicine in China as well as multiple other countries worldwide. "This announcement reflects another important regulatory milestone in the development of this medicine," said Dr. Roy Baynes, senior vice president and head of global clinical development, chief medical officer, Merck Research Laboratories. "The approval of VERQUVO in the EU will provide doctors, health care professionals and patients with an important treatment option to complement currently available heart failure therapies."
FULT

Hot Stocks

07:18 EDT Fulton Financial sees FY21 NII $640M-$660M - Lowers FY21 provision for credit losses view to $10M-$20M from $20M-$40M. Backs FY21 non-interest income view of $220M-$230M and narrows FY21 non-interest expense view to $560M-$570M from $555M-$575M. Comments taken from Q2 earnings conference call presentation slides.
DNAY MRVI

Hot Stocks

07:18 EDT Codex DNA announces licensing, supply deal with TriLink for CleanCap - Codex DNA (DNAY) announced a licensing and supply agreement with TriLink Biotechnologies, part of Maravai LifeSciences (MRVI), for its CleanCap technology. Codex DNA will integrate the mRNA capping technology into its suite of automated mRNA synthesis kits for the BioXp system as well as within the company's BioFoundry Services offering. "Together, the technologies are expected to increase productivity and yields for mRNA synthesis workflows, potentially opening the doors for a broader range of downstream therapeutic and vaccine applications," the company said.
PASG

Hot Stocks

07:18 EDT Passage Bio announces inducement award for newly appointed CCO - Passage Bio announced it has granted an inducement award to the company's newly appointed Chief Commercial Officer, M. Maria Tornsen, under an inducement plan adopted by its board of directors. Passage Bio granted an option to purchase 200,000 shares of common stock and 20,000 restricted stock units to Ms. Tornsen as a material inducement to her employment in accordance with the Nasdaq listing Rule 5635(c)(4). The stock options have an exercise price of $13.04 per share, which is equal to the closing price of Passage Bio's common stock on the grant date. The shares subject to the stock options will vest over four years, with 25 percent of the shares vesting on the one-year anniversary of the grant date, and the remainder vesting in 36 equal monthly installments thereafter, subject to continued employment. The stock options have a 10-year term and are subject to the terms and conditions of the stock option agreement. The RSUs will vest over four years, with 25 percent of the RSUs vesting on each of the first, second, third and fourth annual anniversaries of the first of Passage Bio's quarterly vesting dates following the grant date, subject to continued employment.
BNTX PFE

Hot Stocks

07:17 EDT Pfizer, BioNTech enter collaboration with Biovac for COVID-19 vaccine in Africa - Pfizer (PFE) and BioNTech (BNTX) announced the signing of a letter of intent with The Biovac Institute to manufacture the Pfizer-BioNTech COVID-19 vaccine for distribution within the African Union. Biovac will perform manufacturing and distribution activities within Pfizer's and BioNTech's global COVID-19 vaccine supply chain and manufacturing network, which will now span three continents and include more than 20 manufacturing facilities. To facilitate Biovac's involvement in the process, technical transfer, on-site development and equipment installation activities will begin immediately. Pfizer and BioNTech expect that Biovac's Cape Town facility will be incorporated into the vaccine supply chain by the end of 2021. Biovac will obtain drug substance from facilities in Europe, and manufacturing of finished doses will commence in 2022. At full operational capacity, the annual production will exceed 100 million finished doses annually. All doses will exclusively be distributed within the 55 member states that make up the African Union.
BSX

Hot Stocks

07:15 EDT Boston Scientific reports 'positive' results from PINNACLE FLX clinical trial - Boston Scientific announced positive 24-month results from the PINNACLE FLX clinical trial assessing the safety and efficacy of the next-generation WATCHMAN FLX Left Atrial Appendage Closure Device for patients with non-valvular atrial fibrillation. Presented as late-breaking clinical science at TVT: The Structural Heart Summit, the study evaluated the WATCHMAN FLX device as an alternative to long-term oral anticoagulation therapy, including non-vitamin K antagonist oral anticoagulants, for stroke risk reduction in patients with NVAF. The prospective, non-randomized PINNACLE FLX trial included 400 patients in the U.S. with NVAF who were eligible for anti-coagulation therapy to reduce the risk of stroke but had appropriate rationale to seek a non-pharmaceutical alternative. Following the positive 12-month results in which the trial met its primary safety and efficacy endpoints, the trial met its secondary effectiveness endpoint - defined as the occurrence of ischemic stroke or systemic embolism over 24 months - with a rate of 3.4% compared to the performance goal of 8.7%. "These findings demonstrate sustained device performance over two years and reinforce the excellent safety and efficacy profile of the WATCHMAN FLX technology," said Saibal Kar, M.D., study co-principal investigator and interventional cardiologist at Los Robles Regional Medical Center and Bakersfield Heart Hospital, California. "Building upon the low complication rates and 100% rate of effective LAA closure seen at 12 months, the 3.4% rate of ischemic stroke and systemic embolism at 24 months is very encouraging in this complex, elderly patient population." In addition to the low rate of ischemic stroke, the data through 24 months also demonstrated that no patients experienced a device embolization or pericardial effusion requiring cardiac surgery, all of which is favorable in the context of previous clinical studies.
GILT

Hot Stocks

07:14 EDT Gilat Satellite signs strategic agreement at over $5M with Pacific Dataport - Gilat Satellite Networks signed a strategic agreement estimated at over $5M with Pacific Dataport for delivery of ubiquitous broadband coverage in Alaska. Gilat's SkyEdge II-c, multi-service platform, will support the goal of PDI's Aurora Network to deliver a wide range of applications to the population of Alaska. PDI intends to provide a multiservice network that will serve the Alaska market with both fixed and mobility applications. The targeted fixed applications range from direct-to-home broadband service to consumers, to an assortment of enterprise applications such as backup and full-time IP data services for businesses, organizations, schools, libraries, and government. The planned mobility applications include cruise ships, fishing boats and commercial aviation. "Gilat and PDI share a common vision of providing high-quality broadband connectivity for the benefit of all and as such we greatly appreciate Pacific Dataport's confidence in Gilat and its technology," said Michal Aharonov, Senior Vice President Global Broadband Networks at Gilat. "Our multi-service platform is ideally suited to meet Aurora Network's mission to create more business opportunities and improve the quality of life in the region, and we look forward to supporting its work and success in the region, as a trusted and reliable partner."
KRNT

Hot Stocks

07:11 EDT Kornit Digital announces partnership with Canva - Kornit Digital announced a new partnership with online visual communications and design platform Canva. As part of the partnership, KornitX, will become one of Canva's first certified integration partners, to help leading Print Service Providers, brands, and organizations add the Canva design tool to their e-commerce websites, making it easier to create personalized products from design, to order, to product fulfillment, in minutes. KornitX will also manage and route all orders through Kornit's extensive global fulfillment network. "At KornitX, we are becoming the operating system for sustainable, on-demand production. Canva's vast, growing global user community reflects a staggering demand for customized impressions - imagination made possible by the wonders of digital," said Omer Kulka, Kornit Digital CMO. "People want to create, they want their creations quickly, and they want unlimited possibilities, which is where this synergy between KornitX and Canva will create boundless opportunities."
PRU

Hot Stocks

07:11 EDT Empire buys Prudential's retirement business for transaction value of $3.55B - Empower Retirement and Prudential Financial announced they have entered into a definitive agreement for Empower to acquire Prudential's full-service retirement business. The acquisition will add significant expertise, a broader set of capabilities and an expanded product portfolio to Empower's existing business and drive additional scale to the benefit of retirement investors and employers who sponsor workplace savings plans. Subject to regulatory approvals, Empower will acquire Prudential's full-service retirement plan recordkeeping and administration business for a total transaction value of $3.55B. The business will be supported by $2.1B of capital through a combination of the balance sheet of the transferred business and Empower capital and surplus. Prudential's full-service retirement recordkeeping business comprises more than 4,300 workplace savings plans, through which approximately 4M plan participants have saved $314B in assets.2 It also includes more than 1,800 employees who provide a comprehensive suite of retirement recordkeeping and administration services to financial professionals, plan sponsors and participants. Empower expects the acquisition to benefit retirement plan participants by combining two client-focused businesses with deep retirement expertise on a single state-of-the-art technology platform. The acquisition will allow Empower to expand services to the broadening spectrum of workplace savings plans it now serves, which includes mega, large, mid-size and small corporate 401k plans; government plans ranging in scale from state-level plans to municipal agencies; not-for-profit 403(b) plans; and collectively bargained Taft-Hartley plans.
LEXX

Hot Stocks

07:10 EDT Lexaria Bioscience announces results from VIRAL-A20-3 study - Lexaria Bioscience announced that its tolerability and pharmacokinetic study VIRAL-A20-3 has been completed. This study demonstrated that DehydraTECH enabled colchicine, the latest of several drugs Lexaria has tested with known SARS-CoV-2 antiviral properties, benefited from our proprietary formulation and processing, resulting in increased delivery. Study VIRAL-A20-3 was performed using Sprague-Dawley rats, with twenty rats dosed via oral gavage using either DehydraTECH or control colchicine formulations. The study evaluated peak concentration and total drug delivery into the rodent bloodstream. The study was conducted by an independent, premier animal testing laboratory located in the United States. The study also examined absorption with two other antiviral drugs previously untested by Lexaria. The bloodstream delivery findings were unremarkable with these two drugs, which Lexaria believes was correlated to analytical methodology limitations related to discerning blood levels for the two drugs in question. Further work would be required should Lexaria decide to pursue additional testing with these two drugs, however, Lexaria will likely focus on DehydraTECH-processed colchicine and other antiviral drugs it has tested given the superior results already demonstrated.
VZ

Hot Stocks

07:09 EDT Verizon sees 2021 capital spending $17.5B-$18.5B - Capital spending to be in the range of $17.5 billion to $18.5 billion, including the further expansion of 5G mmWave in new and existing markets, the densification of the 4G LTE wireless network to manage future traffic demands and the continued deployment of the company's fiber infrastructure. Expenditures related to the deployment of the company's C-Band 5G network will be in addition to this amount, and the company previously announced an incremental $10 billion of capital expenditures from 2021 to 2023, of which $2 billion to $3 billion is expected in 2021.
VZ

Hot Stocks

07:09 EDT Verizon reports Q2 Business retail postpaid net additions 178K - Total revenue of $7.8 billion, an increase of 3.7 percent year over year, and relatively flat from second-quarter 2019. Total retail postpaid churn of 1.30 percent, and retail postpaid phone churn of 1.07 percent. 178,000 retail postpaid net additions, including 78,000 phone net additions.
KO

Hot Stocks

07:08 EDT Coca-Cola says value share in total NARTD beverages 'now ahead' of 2019 level - The company gained value share in total nonalcoholic ready-to-drink beverages driven by a share gain in both at-home and away-from-home channels. The company's value share in total NARTD beverages is now ahead of the 2019 level.
VZ

Hot Stocks

07:08 EDT Verizon reports Q2 Consumer retail postpaid net additions of 350K - Total revenue of $23.5 billion, an increase of 11.2 percent year over year, and an increase of 6.7 percent from second-quarter 2019. Total retail postpaid churn of 0.83 percent, and retail postpaid phone churn of 0.65 percent, a record-low retail postpaid phone churn outside of second-quarter 2020 and third-quarter 2020, which were heavily impacted by the COVID-19 pandemic. 350,000 retail postpaid net additions, including 197,000 phone net additions, driving 5G-phone adoption to approximately 20 percent of Consumer wireless phone customers and step-ups to premium unlimited plans. 92,000 Consumer Fios Internet net additions. The company's trailing 12-month total Fios Internet net addition performance is the highest since 2015.
COST UBER

Hot Stocks

07:08 EDT Costco and Uber launch grocery delivery pilot in Texas - Costco (COST) and Uber (UBER) have entered a delivery pilot with 25 locations across the state of Texas where Costco members could have their groceries delivered with Uber and Uber Eats. Over the coming weeks, 7 additional Costco warehouses will be available to Uber users via Uber and Uber Eats mobile apps. The minimum order amount is $35 and delivery is free for Uber Pass and Eats Pass holders. This is Uber's first pilot with a food wholesaler in the U.S. Costco currently offers online ordering and delivery through its own channels and additional third parties. Uber users in Dallas, Austin, and Houston can now order from their local Costco warehouses.
VZ

Hot Stocks

07:07 EDT Verizon reports Q2 Wireless retail postpaid net additions 528K - Total wireless service revenue of $16.9 billion, a 5.9 percent increase year over year, and a 4.0 percent increase from second-quarter 2019. Total retail postpaid churn of 0.94 percent, and retail postpaid phone churn of 0.72 percent. 528,000 retail postpaid net additions, including 275,000 phone net additions, resulting in 121.3 million total retail connections. -
LYFT F

Hot Stocks

07:07 EDT Argo AI and Ford to launch self-driving vehicles on Lyft network by end of year - Argo AI, Lyft (LYFT) and Ford (F) are working together to commercialize autonomous ride hailing at scale. The collaboration brings together all of the parts necessary to create a autonomous ride hailing service, including the self-driving technology, vehicle fleet and transportation network needed to support a scalable business. Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network, as part of a network access agreement, with passenger rides beginning in Miami later this year and in Austin starting in 2022. As vehicles are deployed, Lyft users within the defined service areas will be able to select a Ford self-driving vehicle to hail a ride. This initial deployment phase will lay the groundwork for scaling operations, as the parties are now working to finalize agreements aiming to deploy at least 1,000 autonomous vehicles on the Lyft network, across multiple markets over the next five years. The collaboration is designed to scale autonomous vehicle deployment using market and safety data that helps define where self-driving technology can safely serve consumers. As part of the agreement, Argo will use anonymized service and fleet data from Lyft. In addition, Lyft will receive 2.5% of the common equity of Argo AI as part of the licensing and data access agreements to collaborate on the safe commercialization of autonomous vehicles.
KO

Hot Stocks

07:07 EDT Coca-Cola CEO says business 'rebounding faster' than economic recovery - The Coca-Cola Company reported strong second quarter 2021 results and year-to-date performance. "Our results in the second quarter show how our business is rebounding faster than the overall economic recovery, led by our accelerated transformation. As a result, we are encouraged and, despite the asynchronous nature of the recovery, we are raising our full year guidance," said James Quincey, Chairman and CEO of The Coca-Cola Company. "We are executing against our growth plans and our system is aligned. We are better equipped than ever to win in this growing, vibrant industry and to accelerate value creation for our stakeholders."
VZ

Hot Stocks

07:06 EDT Verizon reports Q1 Wireless retail postpaid net additions 528K - Total wireless service revenue of $16.9 billion, a 5.9 percent increase year over year, and a 4.0 percent increase from second-quarter 2019. Total retail postpaid churn of 0.94 percent, and retail postpaid phone churn of 0.72 percent. 528,000 retail postpaid net additions, including 275,000 phone net additions, resulting in 121.3 million total retail connections.
AFL

Hot Stocks

07:05 EDT Aflac committing $2.1B to sustainable infrastructure partnership with Denham - Aflac's asset management subsidiary Aflac Global Investments announced a new partnership with Denham Capital - a global sustainable infrastructure, energy and resources investment firm - to expand the Denham Sustainable Infrastructure's business. Aflac Global Investments has made a $2B commitment to Denham Sustainable Infrastructure to launch a new debt platform that will invest primarily in the senior debt of sustainable infrastructure projects and has committed $100M toward Denham's second dedicated equity fund to support the acquisition, enhancement and development of sustainable infrastructure assets. Aflac Global Investments will also hold a non-controlling 24.9% minority equity interest in Denham Sustainable Infrastructure. All investments are assessed against Denham Sustainable Infrastructure's screening and Environmental, social, and governance scoring methodology, ensuring investments support climate change mitigation, natural resource conservation, pollution prevention and control, and digital connectivity.
HOG

Hot Stocks

07:04 EDT Harley-Davidson reports Q2 North America retail sales up 43% y/y - Up 5% over 2Q19. Delivered strong Motorcycles and Related Products segment gross margin and operating margin driven by the Rewire product portfolio adjustments. Delivered Financial Services segment Q2 operating income growth of $90M over Q2 2020 driven by a lower provision for credit losses.
HOG

Hot Stocks

07:03 EDT Harley-Davidson sees FY21 Financial Services operating income growth 75%-85% - For the full-year 2021, the company now expects: Financial Services segment operating income growth of 75 to 85 percent, an increase from the previously communicated range of 50 to 60 percent. GAAP Motorcycles segment operating income margin of 6 to 8 percent given the recent EU's decision to keep the current tariff at 31 percent while tariff negotiations occur. If the company is successful in materially mitigating the additional EU tariffs in 2021, the company expects the operating income margin would be 7 to 9 percent. Additionally, for the full-year 2021, the company continues to expect: Motorcycles segment revenue growth to be 30 to 35 percent. Capital expenditures of$190 million to $225 million. Cash allocation priorities remain to first fund growth through The Hardwire initiatives, then to pay dividends. Given the company's strong cash position, the company may also choose to execute discretionary share repurchases.
KO

Hot Stocks

06:59 EDT Coca-Cola sees FY21 free cash flow 'at least' $9B - The company expects to generate free cash flow of at least $9B through cash flow from operations of at least $10.5B less capital expenditures of approximately $1.5B. This does not include any potential payments related to the ongoing tax litigation with the U.S. Internal Revenue Service.
KO

Hot Stocks

06:55 EDT Coca-Cola reports Q2 global unit case volume up 18%
LODE

Hot Stocks

06:54 EDT Comstock's LiNiCo to recycle 100,000 tons of lithium-ion batteries a year - Comstock Mining announed the filing of a Written Determination of Hazardous Waste Recycling by LINICO and its lithium-ion battery - LIB - recycling facility located in the Tahoe Reno Industrial Center in Nevada. The Application and LiNiCo's final engineering plans are based on the first phase of LiNiCo's proprietary LIB recycling technologies. Those technologies are the result of Comstock's recently announced and planned additional technology development, engineering, and materials science acquisitions and other transactions. Construction of the first phase of LiNiCo's new processes will commence at the TRI Facility upon approval of the Application, with an anticipated completion and start-up during the first half of 2022. Once complete, the TRI Facility is conservatively expected to scale up to its initial nameplate capacity exceeding 100,000 tons per year of LIBs over a period of three years, with annualized revenues exceeding $250M, $410M, and $505M per year during the TRI Facility's first, second, and third full years of operations, respectively. Spent LIBs are widely expected to contain more than $12B in recoverable strategic metals by 2025 and $26B by 2040.
ETN

Hot Stocks

06:48 EDT Eaton obtains all regulatory approvals for hydraulics business sale to Danfoss - Eaton's sale of the company's Hydraulics business to Danfoss A/S has been approved by the U.S. District Court for the District of Columbia. The company now has all the regulatory approvals it needs to close the transaction. Eaton currently expects the sale to close August 2.
TTE

Hot Stocks

06:42 EDT TotalEnergies partners with Technip Energies for low-carbon LNG solutions - TotalEnergies and Technip Energies signed a Technical Cooperation Agreement to jointly develop low-carbon solutions for Liquefied Natural Gas - LNG - production and offshore facilities to accelerate the energy transition. As part of this agreement, both parties will explore new concepts and technologies, in order to reduce carbon footprint of existing facilities and greenfield projects in areas such as LNG production, cryogeny, production and use of hydrogen for power generation, or processes for Carbon Capture, Utilization and Storage - CCUS -. By partnering, Technip Energies and TotalEnergies rely on complementary expertise to decarbonize LNG plants and offshore facilities.
GMAB JNJ

Hot Stocks

06:34 EDT Genmab reports Q2 worldwide net sales of DARZALEX $1.433B - Genmab (GMAB) announced that worldwide net trade sales of DARZALEX, including sales of the subcutaneous formulation, as reported by Johnson & Johnson (JNJ) were $1.433B in the second quarter. Net trade sales were $770M in the U.S. and $663M in the rest of the world. Genmab receives royalties on the worldwide net sales of DARZALEX, both the intravenous and SC formulations, under the exclusive worldwide license to Janssen Biotech to develop, manufacture and commercialize daratumumab. As previously announced, Janssen is reducing its royalty payments to Genmab by what it claims to be Genmab's share of Janssen's royalty payments to Halozyme, cf. company announcement No. 39 of September 22, 2020.
NGL

Hot Stocks

06:34 EDT NGL Energy Partners provides update on wastewater recycling in Delaware Basin - NGL Energy Partners has completed the first of two large scale Delaware Basin wastewater recycling projects in Lea County, NM. The initial project, which began in late May, supported a customers' simultaneous fracturing, or "simul-frac", completion activities. The Partnership treated and provided approximately 130,000 barrels per day and eliminated the need for over 5,000,000 barrels of fresh water. The second large scale recycling project will begin later this month, is expected to provide 200,000 to 250,000 barrels per day, and potentially up to 350,000 barrels per day of recycled wastewater to an independent oil and gas producer. Combined sales of raw produced wastewater for reuse and recycle are expected to average between 180,000 and 190,000 barrels per day through the first six months of this fiscal year, representing more than 85% of estimated total water sales.
LEV

Hot Stocks

06:33 EDT Lion Electric appoints Nathalie Giroux as chief people officer - Lion Electric announced that it has named Nathalie Giroux as chief people officer, or CPO, effective August 9. In this role, Giroux will oversee all aspects of human resources and will implement strategies to develop and promote best practices in human resources management, operations, organizational development, talent management and talent acquisition. She will also have a focus on company culture and employee engagement as Lion continues to grow its workforce throughout North America. Prior to joining Lion as CPO, she served in the same role at automotive aftermarket and refinishing specialty company, Uni-Select.
ANPC

Hot Stocks

06:31 EDT AnPac Bio enters agreement with Advanced Life Therapeutics for R&D - AnPac Bio-Medical Science Co. announced that it had entered into an agreement with Advanced Life Therapeutics Co. in which the company holds a minority equity interest of 40%, to perform contract R&D on integrated circuit-based components for cancer treatment medical devices. Under the multi-year contract agreement, the company will design, fabricate, test and optimize key components of a cancer treatment medical device. The company expects to begin generating revenue from this contract R&D project starting Q3 of this year. The company is also in later stages of partnership/cooperation discussions with a number of major corporations in the medical industry, in order to (a) increase the Company's commercial Cancer Differentiation Analysis-based cancer test revenue, and (b) broaden the company's new product pipeline in which the company and its partner(s) will jointly develop medical devices which will leverage AnPac Bio's strong expertise in integrated circuit (IC) based core components in medical devices.
TSLA

Hot Stocks

06:17 EDT Tesla Supercharger network to be open to other cars this year, Musk says - Tesla CEO Elon Musk said Tuesday the Tesla Supercharger network will be open to other types of electric vehicles in 2021. Musk said via Twitter: "We created our own connector, as there was no standard back then & Tesla was only maker of long range electric cars. It's one fairly slim connector for both low & high power charging. That said, we're making our Supercharger network open to other EVs later this year." Reference Link
NBEV

Hot Stocks

06:06 EDT NewAge says Kevin Manion joins as new CFO - NewAge announced that Kevin Manion has joined NewAge as its new CFO. Kevin began his career at Arthur Andersen and spent five years in the audit, tax and consulting group focusing on privately held and venture-backed businesses.
FCFS

Hot Stocks

06:04 EDT FirstCash still expects to open 50-60 new stores in FY21
TGT ULTA

Hot Stocks

06:04 EDT Target, Ulta Beauty announce more details on Ulta Beauty at Target - Target (TGT) and Ulta Beauty (ULTA) shared details about the Ulta Beauty at Target, slated to begin rolling out in more than 100 Target stores nationwide and online with more than 50 specially curated prestige brands this August. The companies are planning for these experiential "shop-in-shops" to reach a total of 800 Target stores across the country in the coming years. The Ulta Beauty at Target locations will be found in Target stores across the country, complementing Ulta Beauty's existing store footprint. The list of more than 100 locations at launch can be found here Ulta.com/Target, with additional locations to follow in the coming years. Each "shop-in-shop" will be placed near the existing Target beauty section and will feature specialized displays, discovery zones, as well as on-trend, seasonally relevant offerings.
ANTM

Hot Stocks

06:03 EDT Anthem reports medical enrollment totaled 44.3M members at Q2-end - Medical enrollment increased by 1.9M members year over year and 820,000 members in the second quarter to 44.3M members.
KBR

Hot Stocks

06:01 EDT KBR awarded contract for two nitric acid plant expansions by Haifa Group - KBR announced that it has been awarded a nitric acid technology contract by Haifa Group for two of its process plants at Mishor Rotem, Israel. Under the terms of the contract, KBR will provide license, basic engineering design and proprietary equipment for both plants, to deliver a capacity increase of approximately 35% at each plant.
DG

Hot Stocks

05:48 EDT Dollar General opens Walton, Kentucky distribution center - Dollar General opened its Walton, Kentucky distribution center alongside employees, company executives, Kentucky Governor Andy Beshear and other officials. Representing an approximate $65M investment in Boone County, Kentucky, the Walton facility is expected to create 300 new distribution and private fleet career opportunities and support more than 800 Dollar General stores at full capacity.
IBM

Hot Stocks

05:46 EDT IBM, Bangalore International Airport enter ten year agreement for IT solutions - IBM and Bangalore International Airport, or BIAL, operator of Kempegowda International Airport Bengaluru, announced a ten-year agreement under which IBM and Kyndryl will provide IT solutions to create a new "Airport in a Box" platform that will support transforming the end-to-end travel experience for passengers at BLR Airport.
RHHBY

Hot Stocks

05:44 EDT Genentech receives breakthrough therapy designation for Venclexta combination - Genentech, a member of Roche, announced that Venclexta in combination with azacitidine has been granted breakthrough therapy designation by the FDA for the treatment of adult patients with previously untreated intermediate, high- and very high-risk myelodysplastic syndromes based on the revised International Prognostic Scoring System.
ASML

Hot Stocks

05:43 EDT ASML announces new EUR 9B share buyback program - As part of ASML's financial policy to return excess cash to its shareholders through growing dividends and share buybacks, ASML announced a new share buyback program which will start on July 22 and is to be executed by December 31 2023. As part of this program, ASML intends to repurchase shares up to an amount of EUR 9B, of which the company expects a total of up to 0.45M shares will be used to cover employee share plans. ASML intends to cancel the remainder of the shares repurchased. The new program will replace the previous EUR 6B share buyback program 2020-2022, under which ASML has repurchased approximately 11.7M shares for an approximate amount of EUR 5.2B, and which will not be completed for the full amount in light of the new share buyback program.
ABBV

Hot Stocks

05:37 EDT AbbVie granted breakthrough therapy designation for venetoclax from FDA - AbbVie announced that the FDA granted a breakthrough therapy designation, or BTD, to venetoclax in combination with azacitidine for the potential treatment of adult patients with previously untreated intermediate-, high- and very high-risk myelodysplastic syndromes, or MDS, based on revised International Prognostic Scoring System.
DDAIF

Hot Stocks

05:29 EDT Daimler AG says Daimler Truck spin-off on track - The company said, "Daimler intends to generate value for its shareholders and to raise its profitability by creating two pure-play companies, one focused on cars and vans with the other on trucks and buses. It is intended that a significant majority stake in Daimler Truck will be distributed to Daimler shareholders. The transaction and the listing of Daimler Truck on the Frankfurt Stock Exchange are on track and expected to be completed before year-end 2021. The project is currently in the preparatory and auditing phase. At an extraordinary general meeting in autumn, Daimler shareholders will have to approve this historic strategic step."
RIO

Hot Stocks

05:24 EDT Rio Tinto to shut one of four furnaces at RBM operation in South Africa - Rio Tinto's Richards Bay Minerals, or RBM, operation in South Africa will shut one of its four furnaces due to the depletion of available feedstock at the plant. This is the result of mining operations being halted following an escalation in the security situation at the operations which hampered the mine's ability to operate safely. Rio Tinto declared Force Majeure on our customer contracts at RBM on June 30. The four furnaces at RBM are dependent on a stockpile of feedstock, which is being steadily depleted. RBM's decision to shut one furnace will reduce the call on the stockpile and limit the long-term impacts of a shutdown on the RBM's furnaces. Rio Tinto chief executive minerals, Sinead Kaufman, said: "Shutting a furnace has a major impact on the business and broader community and it not a decision we have taken lighty. However, we will not put production ahead of the safety of our people and there are still fundamental criteria that must be met before we can resume operations in a sustainable manner. We continue to work with national and provincial governments as well as community structures to find a lasting solution to the current situation so that operations can resume as soon as it is possible to safely do so."
STM

Hot Stocks

05:21 EDT STMicroelectronics, Unilumin jointly develop LED display - STMicroelectronics and Unilumin announced that they have worked together to develop a new Unilumin display using the ST60A2, ST's 60GHz RF transceiver for advanced high-data-rate contactless-transfer solutions. The new range of Unilumin LED displays with the ST60A2 contactless link benefits from the elimination of cables and connectors to achieve significant cost saving by reducing both assembly and maintenance efforts. As important, the contactless approach enhances system reliability for the customers.
CALT

Hot Stocks

05:19 EDT Calliditas, STADA enter license agreement for potential IgAN treatment - Calliditas Therapeutics and STADA Arzneimittel announced that they have entered into a license agreement to register and commercialize a novel specialty drug candidate for the treatment of the chronic autoimmune kidney disease Immunoglobulin A Nephropathy, or IgAN, in the European Economic Area, or EEA, member states, Switzerland and the UK. Under the terms of the agreement, Calliditas is entitled receive an initial upfront payment of $24M upon signing and up to an additional $91M in future payments linked to pre-defined regulatory and commercialization milestones. STADA is also obligated pay tiered royalties on net sales expressed as a percentage between the low twenties and the low thirties. The partnership relates to a novel oral formulation, developed under the project name Nefecon, of an active substance, budesonide, designed to target down regulation of IgA1 with a view to be disease modifying. If approved, this value-added specialty medicine, which received an EU orphan-drug designation in 2016, would be the first treatment authorized in the European Union for IgAN, a rare autoimmune disease. IgAN, also known as Berger's disease, is a progressive autoimmune disease in which up to 50% of patients end up at risk of developing end stage renal disease and thus requiring dialysis or a kidney transplant. Prevalence in Europe is estimated at four in 10,000, translating into approximately 200,000 patients.
CEO

Hot Stocks

05:15 EDT Cnooc commences production at Luda 29-1 oilfield in Liaodong Bay - Cnooc announced that Luda 29-1 oilfield has commenced production. Luda 29-1 oilfield is located in Liaodong Bay of Bohai Sea, with water depth of about 32 meters. In addition to fully utilizing the existing processing facilities of Luda 21-2/Luda 16-3 oilfield, the project has also built a new wellhead platform, with seven development wells planned in total, including four production wells, two water injection wells and one water source well. The project is expected to reach its peak production of approximately 4,440 barrels of crude oil per day in 2021. Cnooc holds 100% interest in Luda 29-1 oilfield and acts as the operator.
JG OG

Hot Stocks

05:13 EDT Aurora Mobile, Onion Global enter promotional partnership agreement - Aurora Mobile (JG) announced that it has entered into a partnership agreement with Onion Global (OG) to jointly promote the development of next-generation lifestyle brands. By leveraging both parties' experience and expertise in the new retail sector, Aurora Mobile will help Onion Global drive omni-channel marketing and distribution, monetize on brand curation and enhance the online shopping experience.
BLUE

Hot Stocks

05:11 EDT Bluebird Bio receives EC approval for Skysona - bluebird Bio announced that the European Commission, or EC, has granted marketing authorization of Skysona, a one-time gene therapy for the treatment of early cerebral adrenoleukodystrophy, or CALD, in patients less than 18 years of age with an ABCD1 genetic mutation, and for whom a human leukocyte antigen, or HLA-matched sibling hematopoietic stem cell, or HSC, donor is not available. Skysona is the first one-time gene therapy approved in the European Union to treat CALD, a rare neurodegenerative disease that occurs in childhood and can rapidly lead to progressive, irreversible loss of neurologic function, and death.
INTC

Hot Stocks

05:09 EDT Intel, Airtel collaborate in effort to accelerate 5G network developmenr - Intel and Bharti Airtel announced a collaboration to drive network development of 4G and 5G virtualized radio access network, or vRAN, and open radio access network, or RAN, technology to transform Airtel's networks to reap the full possibilities of 5G for its customers. Work by Intel and Airtel will evolve communications networks from fixed-function equipment to virtualized cloud-native deployments and enable edge-to-cloud communications. Airtel's network will be powered by a collection of Intel technology: the latest Xeon Scalable processors, FPGAs and eASICs, Ethernet 800 Series, and FlexRAN reference architecture. Software-defined infrastructure will allow Airtel to respond to varying customer requirements for bandwidth and latency. Airtel can offer new services for consumers while programming its network to yield long-term cost optimizations.
LAD

Hot Stocks

05:06 EDT Lithia Motors announces 35c per share dividend - The company's board approved a dividend of 35c per share related to Q2 financial results. The company expects to pay the dividend on August 27 to shareholders of record on August 13.