Stockwinners Market Radar for July 29, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BGNE

Hot Stocks

20:03 EDT BeiGene says phase 3 trial of BRUKINSA in CLL treatment met primary endpoint - The company states: "BeiGene announced positive topline results from an interim analysis of the Phase 3 SEQUOIA trial comparing BRUKINSA to bendamustine and rituximab in patients with treatment-naive chronic lymphocytic leukemia, or CLL, or small lymphocytic lymphoma, or SLL, whose tumor did not exhibit the deletion of chromosome 17p13.1. With a median follow-up of 25.8 months, the SEQUOIA trial met the primary endpoint of progression-free survival as assessed by independent review committee, as BRUKINSA achieved a highly statistically significant improvement in PFS compared to B+R. In addition, the trial demonstrated a statistically significant improvement in PFS per investigator assessment, a secondary endpoint. BRUKINSA was also generally well-tolerated, consistent with its known safety profile."
HCA

Hot Stocks

18:37 EDT HCA Healthcare CIO sells 7,466 common shares - In a regulatory filing, HCA Healthcare CIO P. Martin Paslick disclosed the sale of 7,466 common shares of the company on July 27 at a price of $250 per share.
HOOD

Hot Stocks

18:35 EDT Robinhood CEO: Our mission is to democratize finance for all - In an interview on CNBC's Mad Money, Vlad Tenev said Robinhood is building a long-term business so short-term moves are not a concern. "We feel very well positioned to continue delivering value to customers," he added. According to Tenev, the top value of the company is safety first, which implies compliance first. "We've made a lot of improvements on how we communicate about options. We're confident in our ability to execute on our product roadmap," he noted.
BA

Hot Stocks

18:29 EDT Boeing, NASA postpone launch of Starliner space capsule - NASA said that, in order to allow the International Space Station team time to continue working checkouts of the Nauka module and confirm the station is ready for Boeing's Starliner's arrival, NASA and Boeing have delayed the launch of the OFT-2 mission, which had been targeted for Friday, July 30. The launch team is assessing the next available opportunity. Reference Link
LNTH

Hot Stocks

18:26 EDT Lantheus announces first and only FDA-cleared PSMA Digital Application - The company states: "Lantheus Holding announced that its subsidiary, EXINI Diagnostics AB, was granted 510(k) clearance by the FDA for its digital application, aPROMISE. Clinicians will have the option to utilize aPROMISE with PYLARIFY to increase the efficiency and reproducibility of their PSMA PET/CT assessments. PYLARIFY was recently approved by the FDA and is the first and only commercially available PSMA-targeted PET imaging agent for prostate cancer. aPROMISE is an artificial intelligence-based, medical device software that uses a deep learning algorithm trained and validated across over 3,000 PSMA images to date, to allow healthcare professionals and researchers to perform quantitative assessment of PSMA PET/CT images in prostate cancer. The PROMISE criteria were developed by leading experts in prostate cancer imaging to standardize quantitative evaluation of prostate cancer lesions by location using prostate-specific membrane antigen (PSMA) PET/CT.1 aPROMISE facilitates rapid and robust quantification of prostate cancer lesions in anatomical context, enabling clinicians to make routine use in the clinic of a comprehensive, automated approach to patient evaluation. aPROMISE includes a solution for automated body segmentation and marking, quantifying and reporting suspicious lesions in their anatomical context. aPROMISE provides enhanced consistency in quantitative analysis and standardized reports and has demonstrated increased efficiency and reproducibility of clinicians' PSMA PET/CT image assessments."
TMDX

Hot Stocks

18:21 EDT TransMedics gets FDA clearance of OCS lung solution - The company states: "TransMedics announced FDA 510(k) clearance of its OCS(TM) Lung Solution for use in transplants using cold storage techniques. The solution, which is also cleared as a component of the company's OCS Lung System, is indicated for hypothermic flushing, storage and transportation of donor lungs for transplantation. The OCS Lung System is approved in the U.S. and the Company's OCS Heart System and OCS Liver System are currently under review by the FDA after receiving positive votes by the FDA's relevant advisory panels in April and July respectively."
AUY

Hot Stocks

18:14 EDT Yamana Gold making normal-course issuer bid for up to 5% of common shares - Yamana Gold will make a normal-course issuer bid to purchase up to 48,321,676 common shares of the company representing up to 5% of the company's current issued and outstanding common shares, in open market transactions through the facilities of the TSX, the NYSE and alternative Canadian trading systems, subject to TSX approval. The company will be permitted to make purchases under the NCIB over a period of twelve months commencing on August 4 and expiring no later than August 3. Any daily purchases on the TSX under the NCIB are limited to a maximum of 654,276 common shares. Yamana will not acquire per day on the NYSE more than 25% of the average daily trading volume for the four calendar weeks preceding the date of purchase. Any common shares that are purchased under the NCIB will be cancelled.
AUY

Hot Stocks

18:11 EDT Yamana Gold increases annual dividend by nearly 15% to 12c per share - Yamana has increased its annual dividend by nearly 15% to 12c per share. Shareholders of record at the close of business on September 30 will be eligible to receive payment of an increased dividend of 3c per share on October 14. The dividend is an "eligible dividend" for Canadian tax purposes.
AMZN

Hot Stocks

18:06 EDT Amazon says it continues to invest in international expansion
GSK

Hot Stocks

18:04 EDT GlaxoSmithKline announces FDA approval for Nucala - GlaxoSmithKline announced that the U.S. FDA has approved Nucala, a monoclonal antibody that targets interleukin-5 as a treatment for patients with chronic rhinosinusitis with nasal polyps. This new indication for mepolizumab is for the add-on maintenance treatment of CRSwNP in adult patients 18 years of age and older with inadequate response to nasal corticosteroids.
AMZN

Hot Stocks

18:00 EDT Amazon says wage pressure becoming evident - Says COVID vaccines negatively affected online shopping. Says counts on having more employees in Q3 and Q4. Sees wage pressure remaining for the foreseeable future.
GLD

Hot Stocks

17:44 EDT SPDR Gold Shares holdings rise from 1,025.64MT to 1,031.46MT - This is the highest level of holdings since July 15th.
GLD

Hot Stocks

17:44 EDT SPDR Gold Shares holdings rise from 1,025.64MT to 1,031.46MT - This is the highest level of holdings since July 15th.
AMZN

Hot Stocks

17:41 EDT Amazon sees revenue comp trends continuing for several quarters - Says year-over-year growth rate has dropped since Prime Day. Says CAGR rate "remains strong." Sees trend in revenue comps to continue over the next several quarters. Says AWS revenue growth accelerated across a broad range of customers. Comments taken from Q2 earnings conference call.
IGMS

Hot Stocks

17:33 EDT IGM Biosciences appoints Chris Takimoto as Chief Medical Officer - IGM Biosciences appointed Chris Takimoto to the role of Chief Medical Officer. Takimoto most recently served as Senior Vice President, Oncology, Gilead Sciences. Daniel Chen will continue to assist the company in a consulting capacity. Prior to Gilead, Takimoto served as Chief Medical Officer, since February 2016, of Forty Seven, a biotechnology company formed out of Stanford University and acquired by Gilead Sciences in 2020.
CHCT

Hot Stocks

17:31 EDT Community Healthcare raises quarterly dividend to 43.25c from 43c per share - The dividend is payable on August 27, 2021 to shareholders of record on August 13, 2021.
ERYP

Hot Stocks

17:23 EDT Erytech Pharma granted fast track designation for eryaspase by FDA - Erytech Pharma announced that the FDA has granted eryaspase fast track designation for the treatment of acute lymphocytic leukemia, or ALL, patients who have developed hypersensitivity reactions to E. coli-derived pegylated asparaginase.
LIFE

Hot Stocks

17:21 EDT aTyr Pharma granted patent from USPTO for ATYR1923 - aTyr Pharma announced that the U.S. Patent and Trademark Office, or USPTO, has granted a patent covering methods for the use of histidyl-tRNA synthetase Fc fusion proteins for reducing inflammatory response in the lung. The patent covers the use of the company's therapeutic candidate, ATYR1923, for reducing inflammatory response in the lung.
FNCB

Hot Stocks

17:20 EDT FNCB Bancorp increases Q3 dividend 25% to 7.5c per share - The board of directors of FNCB Bancorp declared a dividend of 7.5c per share for Q3, an increase of 1.5c per share, or 25%, from 6c per share declared for each of the previous two quarters of 2021. The Q3 dividend is payable on September 15 to shareholders of record as of September 1.
BIIB ESALY

Hot Stocks

17:16 EDT Biogen, Eisai announce trial design for ICARE AD-US trial - Biogen (BIIB) and Eisai (ESALY) announced that it led a late-breaking presentation on the design of the first real-world observational Phase 4 study in Alzheimer's disease called ICARE AD-US, at the Alzheimer's Association International Conference, or AAIC. ICARE AD-US, a prospective study of Aduhelm 100 mg/mL solution for injection, is designed to collect real-world, long-term effectiveness and safety data on Aduhelm. Aduhelm is indicated for the treatment of Alzheimer's disease. Treatment with Aduhelm should be initiated in patients with mild cognitive impairment or mild dementia stage of disease, the population in which treatment was initiated in clinical trials. There are no safety or effectiveness data on initiating treatment at earlier or later stages of the disease than were studied. This indication is approved under accelerated approval based on reduction in amyloid beta plaques observed in patients treated with Aduhelm. Continued approval for this indication may be contingent upon verification of clinical benefit in confirmatory trials. ICARE AD-US is a study that will provide information on the long-term effectiveness and safety of Aduhelm as prescribed in routine clinical practice in the U.S. based on the label approved by the FDA. The primary objective of the study is to characterize and evaluate changes in cognition, function and neuropsychiatric status in Aduhelm-treated patients. Secondary objectives are related to gaining a better understanding of Aduhelm safety in clinical practice. The study design includes an important goal to help address the common underrepresentation of Black/African American and Latinx patients in Alzheimer's disease studies, aiming to enroll at least 16% of the trial's expected 6,000 participants from these communities. The study intends to enroll patients with Alzheimer's disease over four years from approximately 200 sites in the U.S. Patients will be monitored for a period of up to five years.
PINS

Hot Stocks

17:13 EDT Pinterest drops 17% to $59.60 after mixed Q2 results
EGO

Hot Stocks

17:10 EDT Eldorado Gold backs 2021 annual gold production view 430,000-460,000 oz.
SSRM

Hot Stocks

17:04 EDT SSR Mining sells non-core royalty portfolio for $100M - SSR Mining announced that it has entered into a definitive agreement to sell a portfolio of royalty interests and deferred payments to EMX Royalty for total consideration of $100M. This consideration includes $33M in cash, $33M in EMX shares, and US$34 million in deferred compensation payments to be delivered upon achievement of clearly defined project development milestones. The cash and equity components of the consideration, totaling $66M, will be payable upon closing of the Transaction. Upon the Transaction's close, expected by the fourth quarter of 2021, SSR Mining will hold a ~12% equity ownership interest in EMX. The Transaction realizes significant value for a non-core asset portfolio, and is accretive to SSR Mining against analyst consensus valuations. SSR Mining's Royalty Portfolio consists of 18 royalty interests and various deferred consideration interests. These include royalty interests in the Gediktepe and Yenipazar projects in Turkey, as well as interests in a number of exploration and development stage projects across the Americas owned by various operators, including Nevada Gold Mines, Industrias Penoles, Endeavour Silver, Aftermath Silver, Argonaut Gold and AbraSilver Resource.
ALNY

Hot Stocks

17:03 EDT Alnylam, PeptiDream enter collaboration agreement for peptide-siRNA conjugates - Alnylam Pharmaceuticals and PeptiDream announced a license and collaboration agreement to discover and develop peptide-siRNA conjugates to create multiple opportunities to deliver RNAi therapeutics to tissues outside the liver. Through this collaboration, the companies will collaborate to select and optimize peptides for targeted delivery of small interfering RNA (siRNA) molecules to a wide range of cell types and tissues via specific interactions with receptors expressed on the target cells. Under the terms of the alliance, Alnylam will select a set of receptors for PeptiDream's peptide discovery platform. PeptiDream will select, optimize, and synthesize peptides for each receptor. Alnylam will then generate peptide-siRNA conjugates and perform in vitro and in vivo studies to support final peptide selection. The collaboration has the potential to yield multiple treatment opportunities by targeting disease causing mRNA transcripts in a wide variety of tissue types. Under the terms of the agreement, PeptiDream will receive an upfront payment from Alnylam as well as R&D funding over the term of the research collaboration, as provided in the agreement. PeptiDream may also receive payments based on the achievement of specified development, regulatory, and commercial milestones potentially totaling up to $2.2B. In addition, PeptiDream is eligible to receive low-to-mid single digit royalties on sales on any such Alnylam products.
PG

Hot Stocks

17:03 EDT Procter & Gamble says Jon Moeller to succeed David Taylor as CEO - The Procter & Gamble Company announced that Jon Moeller, Vice Chairman and COO, will succeed David Taylor as Procter & Gamble's President and CEO, effective November 1. Moeller has been appointed to the company's Board of Directors. On November 1, David Taylor will become Procter & Gamble's Executive Chairman. In this role, Taylor will lead the Board of Directors, and provide advice and counsel to the CEO and P&G leadership on company decisions. Moeller joined P&G in 1988. He has been a member of P&G's global leadership team since 2009, serving as CFO, COO, and Vice Chairman. Throughout his career, he has held various senior leadership roles in categories, sectors and regions, and helped build several of P&G's core businesses. Moeller played a pivotal role in designing and implementing P&G's portfolio, superiority, productivity and organization design strategy, as part of one of the most significant transformations in the company's history.
PG

Hot Stocks

17:01 EDT Procter & Gamble: Jon Moeller to succeed David Taylor as CEO
SKYW

Hot Stocks

17:01 EDT SkyWest CEO says will resume new deliveries in Q3 - As part of Q3 earnings announcement, SkyWest CEO Chip Childs said, "We are pleased to see continued demand improvement and look forward to returning to pre-COVID levels by the beginning of 2022. We are excited to resume new aircraft deliveries in the third quarter, with 29 new E175 aircraft by the first half of 2023. I want to thank our exceptional SkyWest team for their commitment to excellence through these dynamic and challenging circumstances."
ULH

Hot Stocks

16:54 EDT Universal Logistics authorizes new stock repurchase program - Universal authorized a new stock repurchase program under which the company may purchase up to an additional 621,622 shares of the company's common stock. of July 29, 2021, there were 378,378 remaining shares authorized under the plan approved in June 2014, which results in a total of 1,000,000 shares authorized for repurchase by the company.
PCT

Hot Stocks

16:53 EDT PureCycle Technologies to build new recycling facility in Augusta, Georgia - PureCycle Technologies has reached an agreement with The Augusta Economic Development Authority to build its first U.S. cluster facility to produce ultra-pure recycled polypropylene from waste polypropylene. The 200-acre location in Augusta Corporate Park will create over 80 manufacturing jobs with an initial $440M investment to primarily fund three lines of 130mm pounds of capacity during Phase 1 of the project. Augusta-Richmond County was selected based on feed and product delivery supply-chain efficiencies, community support, a skilled labor market, and Georgia's business-friendly environment.
NWPX

Hot Stocks

16:52 EDT Northwest Pipe selected to supply pipe for Pure Water San Diego project - Northwest Pipe Company has been selected to supply pipe for the Pure Water San Diego project. This sustainable and environmentally-conscious project is a phased, multi-year program that will provide more than 40% of San Diego's water supply by the end of 2035. Northwest Pipe Company will be manufacturing steel pipe for the North City Pure Water Pipeline, which is a critical component of Phase 1. When complete, the 7.54-mile pipeline will transport 30 million gallons per day of recycled water from Morena Pump Station to the Miramar Reservoir, where it will mix with imported and local water. The City will treat the water again before use. The company is using over 3,220 tons of steel to manufacture the 48-inch diameter engineered steel pipeline. The pipe features cement mortar lining and cement mortar coating with a polyethylene tape wrap. Long Beach-based W.A. Rasic Construction is the installation contractor for this segment.
ESXB

Hot Stocks

16:51 EDT Community Bankers Trust raises quarterly dividend to 7c from 6c per share - The dividend will be payable on September 1 to shareholders of record at the close of business on August 18.
DDOG...

Hot Stocks

16:50 EDT Datadog announces its availability on Google Cloud Marketplace - Datadog (DDOG), announced its availability on Google Cloud Marketplace (GOOG, GOOGL), deepening its partnership with Google Cloud. Google Cloud customers can now purchase Datadog with just a few clicks on the Google Cloud Marketplace, allowing them to quickly and easily monitor the health of their applications and infrastructure across their Google Cloud and hybrid cloud environments.
FSLR

Hot Stocks

16:50 EDT First Solar announces intention to invest in new 3.3 GW facility in India - First Solar announced that it intends to invest $684M in a new, fully vertically integrated photovoltaic thin film solar module manufacturing facility in India. Contingent upon permitting, and pending approval of Indian government incentives that are satisfactory to First Solar, the advanced facility is expected to be built in the state of Tamil Nadu and commence operations in the second half of 2023. The planned facility is projected to have a nameplate capacity of 3.3 gigawatts, or GW, DC. With First Solar's expansion in the United States and India and optimization of its existing fleet, the company anticipates that its nameplate manufacturing capacity will double to 16 GWDC in 2024.
SM

Hot Stocks

16:49 EDT SM Energy sees Q3 production 13.0-13.2 MMBoe or 141-143 MBoe/d
SM

Hot Stocks

16:49 EDT SM Energy narrows 2021 production view to 47.5-49.5 MMBoe from 47-50 MMBoe
CP...

Hot Stocks

16:48 EDT Canadian Pacific urges KSU shareholders to vote against CNI-KCS merger - Canadian Pacific Railway (CP) announced it has filed a proxy statement asking Kansas City Southern (KSU) shareholders to vote "AGAINST" the proposed Canadian National (CNI)-KCS combination at the KCS special meeting of stockholders on August 19, so that CN's proposed acquisition can be decided at a later date, when more information will be available to KCS's stockholders. "CP has always said it wanted to do a friendly deal with KCS and that remains true," said Keith Creel, CP President and CEO. "CP would have preferred not to appeal directly to KCS's stockholders, but given the impending vote on CN's proposal, we believe we have no choice. What we are doing here is simply contesting the vote on the CN-KCS proposal because a 'yes' vote now would lock KCS stockholders in until February 2022, instead of their being free to consider other, better, options. We want to ensure KCS stockholders are aware that a vote today, without the benefit of an STB decision on the CN voting trust proposal and without a chance to consider other proposals until the spring of next year, would not be in their best interests."
MTTR

Hot Stocks

16:46 EDT Matterport invests in, partners with SIMLAB - Matterport announced its strategic partnership and investment in SIMLAB, a technology company that specializes in the digitization of buildings throughout the design and construction phases and the development of software toolkits to help architecture, engineering, and construction teams communicate more efficiently and effectively at every project stage. Using the Matterport platform, the company creates products and features that integrate Matterport digital twins with Building Information Modeling and smart home IoT technologies. The partnership is intended to fuel the development of new integrations and innovative products to meet the needs of AEC customers.
MHK

Hot Stocks

16:42 EDT Mohawk Industries up 2.8% after reporting Q2 results, giving Q3 EPS guidance
PRAA

Hot Stocks

16:40 EDT PRA Group announces new $150M share repurchase program - PRA Group announced that its Board of Directors has authorized a new share repurchase program in which the company can repurchase up to $150M of outstanding shares of its common stock. The share repurchase program has no stated expiration date.
STRL

Hot Stocks

16:38 EDT Sterling awarded projects totaling $159M during Q2 - Sterling Construction announced that its Specialty Services segment was awarded projects totaling $159 million during the second quarter of 2021. Significant projects included distribution centers, data centers, e-commerce projects, industrial warehouses, and multi-family residential facilities. "We continue to be excited about the end market growth and our ability to bid, win, and execute effectively on new projects," stated Joe Cutillo, Sterling's CEO. "This strong market growth has enabled us to continue to expand further geographically with our existing customer base and faster than anticipated. That expansion has also enabled us to secure new customers in these geographies. Our ability to deliver the toughest projects better and faster than our competitors is what has built these relationships and continues to help us win and grow. The new projects enhance our strong backlog, allow us to deliver consistent value, and give us even more confidence in these strong markets for sustainable growth as we move into the second half of 2021 and beyond."
ECOL

Hot Stocks

16:37 EDT US Ecology 'confident' business fundamentals remain strong - The company said: "We are encouraged by the underlying industrial trends and pace of business activity as conditions strengthen across our operating segments," commented Feeler. "That said, strong business activity across our segments and industrial recovery is not sufficient to offset this quarter's Event Business deferrals, early project completions and lower contribution levels of large-scale emergency response events. Several of our larger Event Business projects have shifted and will now benefit 2022. The ongoing pandemic induced challenges, as well as the transportation and labor issues all industrial companies are navigating, contributed to the project related delays we are experiencing. Our guidance entering the year also assumed a certain level of large-scale emergency response contribution, which has not materialized in the first half of 2021, and we anticipate navigating inflationary pressures in the second half of the year in areas such as labor, supplies and treatment reagents. While these factors are impacting our guidance for the remainder of the year, we are confident our business fundamentals remain strong, and we look forward to benefiting from a healthy pipeline of Event Business opportunities and improved bidding activity that we expect to see in 2022."
WELL

Hot Stocks

16:37 EDT Welltower forms joint venture with Oakmont Management Group - Welltower announced the expansion of its relationship with Oakmont Management Group. Through the acquisition of new management contracts, the partnership is expected to roughly double the size of Welltower and Oakmont's existing portfolio by the end of the third quarter in affluent markets across California. Welltower has also signed a long-term exclusive development agreement with Oakmont. Through this agreement, both organizations will invest significant capital and resources to build, own and operate Class A communities to serve the seniors housing resident of the future, with a focus on highly specialized programming and resident health and wellness. Oakmont and Welltower expect to grow the partnership's footprint significantly over the next decade. The partnership will leverage Welltower's data analytics platform and innovative access to health and wellness partners and Oakmont's best in class operating platform. Additionally, the two companies have agreed to a strongly aligned RIDEA 3.0 management contract. In a recently completed transaction, Oakmont and Welltower acquired Ivy Park at Otay Ranch, an assisted living and memory care community in San Diego, California. Ivy Park is the first of Oakmont's new brand, Ivy Living, which builds upon decades of operational excellence providing Oakmont the flexibility to pursue opportunities that have a different built environment.
WELL

Hot Stocks

16:36 EDT Welltower forms joint venture with Aspect Health - Welltower announced the formation of a new strategic joint venture with Aspect Health, a fully-integrated real estate developer, concierge property manager, investor, and advisor focused on leading innovation in healthcare strategy and real estate development. The partnership will bring together Aspect Health's deep expertise in design and development while leveraging Welltower's data analytics platform to deliver the next generation of healthcare facilities that elevate the patient and physician experience. The joint venture partnership includes an investment in Aspect Health's existing portfolio of six properties and a medical office building under construction which are located in high barrier to entry markets in the New York City metropolitan area. Additionally, the companies have agreed to a ten-year exclusivity agreement on future development opportunities. The existing portfolio consists of multi-tenanted Class A medical office buildings, including ambulatory surgery centers, predominantly ground-up developed by Aspect Health. The 98% occupied portfolio is 100% triple-net leased to leading hospitals and physician groups with a weighted average lease term of approximately 12 years. Welltower and Aspect's first development partnership will be a 60,000 square foot outpatient medical building located just outside of New York City. The property will be master leased to a leading health system for 20 years and is expected to commence construction in early 2022.
ECOL

Hot Stocks

16:35 EDT US Ecology CEO 'pleased' with revenue growth in Waste Solutions segment - "Strong industrial trends and solid momentum continued into the second quarter, driving revenue growth across all of our business segments," commented Chairman and CEO, Jeff Feeler. "We are pleased with the strong revenue growth in our Waste Solutions segment Base Business driven by improved fundamentals. Delays in our Event Business from ongoing pandemic challenges shifted volume to the second half of 2021 and into 2022. Combined with a less favorable service mix, and early project completions, this led to margin pressure in our Waste Solutions segment and caused the shortfall in our adjusted EBITDA. This is a short-term headwind, and we expect to see improvement in the coming months."
MSON

Hot Stocks

16:35 EDT Misonix trading resumes
DLB

Hot Stocks

16:33 EDT Dolby down 3.9% after reporting Q3 results, giving Q4 and FY21 guidance
NOG

Hot Stocks

16:30 EDT Northern Oil and Gas reports 106% increase in midyear proved reserves - Northern Oil and Gas announced its total proved reserves at June 30, 2021, increased 106% from year-end 2020 to 252.3 million barrels of oil equivalent with an associated PV-10 value of $1.69 billion at SEC Pricing. These amounts are calculated under SEC guidelines relating to both commodity price assumptions and a maximum five year drill schedule. "This reserve report highlights the strength of Northern's assets, as proved reserves grew 106% before any contribution from our Permian acquisition that is expected to close in August," commented Northern's EVP and Chief Engineer, Jim Evans. "As a non-operator, we book limited future PUD locations, and our reserve report does not take into account our active management and anticipated ground game activity. We believe this makes our reserve report significantly conservative relative to our development plan over the coming years. Despite this, at Strip Pricing, Northern's proved PV-10 value alone exceeds our current enterprise value in the market."
DLB

Hot Stocks

16:30 EDT Dolby comments on impact of COVID-19 - Dolby continues to monitor the COVID-19 pandemic and its impact on its company. Since the initial outbreak of COVID-19, the company's revenue continues to be impacted across various markets within licensing and products and services. The implications of COVID-19 on its future results of operations remain uncertain. Dolby expects continued uncertainty in global financial markets. Dolby's financial results rely on estimates of royalty-based revenue that take into consideration the macroeconomic effect of global events, including COVID-19, which may impact supply chain activities and consumer demand for electronic products.
FTI

Hot Stocks

16:30 EDT TechnipFMC to acquire remaining 49% of shares in TIOS joint venture - TechnipFMC intends to acquire the remaining 49% of shares in TIOS AS, a joint venture between TechnipFMC and Island Offshore Management AS formed in 2018. The company will continue to utilize Island Offshore as the vessel provider for RLWI services. Jonathan Landes, President, Subsea at TechnipFMC, commented, "We are pleased to welcome TIOS wholly into TechnipFMC. This transaction brings into the company additional expertise that will maximize our capability to provide a complete range of well services globally to our clients in a rapid and economical manner."
DRRX

Hot Stocks

16:29 EDT Durect says enrolling alcohol hepatitis study at 'good rate' - The company said, "We expanded the number of U.S. clinical trial sites to 26 in the Phase 2b AHFIRM clinical study of DUR-928 in severe alcohol-associated hepatitis, and we are enrolling at a good rate. We have now opened about 75% of the U.S. sites we plan to open. We expect to open our first ex-U.S. clinical sites (in the UK, Europe and Australia) in the coming months. In addition, we presented further encouraging DUR-928 clinical data from the completed NASH Phase 1b trial showing trends for reduction in insulin resistance and liver fibrosis biomarkers. Data from a Pharmacokinetic trial in patients with moderate and severe liver impairment showed a reduction in an important apoptosis biomarker with no adverse events or dose-limiting toxicity in these severely ill liver patients. We were also invited to present at the 2021 Epigenetic Therapeutic Targets Virtual Summit, which is for leading companies in the field of Epigenetics to present to their peers. To our knowledge, we were the only presenter utilizing an epigenetic regulator to restore function in injured cells as opposed to most who are using epigenetics to kill cancer cells. Our presentation was well received."
TALK

Hot Stocks

16:26 EDT Talkspace says Erin Boyd to join as Chief Growth Officer of Enterprise - Talkspace "announced the appointment of Erin Boyd as Chief Growth Officer, Enterprise, effective August 2nd, 2021. In this newly created role, Boyd will be responsible for driving growth and delivering differentiated solutions and capabilities to Talkspace's Enterprise customers. Boyd joins Talkspace's expanding senior leadership group, which recently welcomed Chief Medical Officer Varun Choudhary and Chief Financial Officer Jennifer Fulk."
BY

Hot Stocks

16:25 EDT Byline Bancorp board authorizes expansion of share repurchase program - On July 27, 2021, the Company's Board of Directors authorized an expansion of its current stock repurchase program. Under the extended program, the Company is authorized to repurchase up to an additional 1,250,000 shares of the Company's outstanding common stock and will be in effect until December 31, 2022. The extended stock repurchase program does not require the Company to repurchase any specified number of shares of its common stock, and it may be discontinued, suspended, or restarted at any time at the Company's discretion. As of June 30, 2021, the Company has approximately 39.1 million shares of common stock issued and 38.1 million shares of common stock outstanding. The additional shares authorized for repurchase under the extended program represent approximately 3.2% of the Company's issued shares and 3.3% of the Company's outstanding shares of common stock. In connection with the previously announced stock repurchase program, the Company has repurchased 989,974 shares of common stock through June 30, 2021.
MSTR

Hot Stocks

16:25 EDT MicroStrategy to engage in CFO search - The company states: "With MicroStrategy's management team focusing on two corporate strategies - growing its enterprise analytics software business and acquiring and holding bitcoin - and with the increase in its public profile and operational complexity, MicroStrategy plans to engage in a search for a Chief Financial Officer to complement the management team and allow Phong Le to focus on his role as President, running the day-to-day business of MicroStrategy."
ARDX

Hot Stocks

16:22 EDT Ardelyx receives CRL from FDA for NDA for tenapanor - Ardelyx announced that it has received a Complete Response Letter from the U.S. FDA regarding the company's New Drug Application for tenapanor for the control of serum phosphorus in adult patients with chronic kidney disease on dialysis. According to the CRL, while the FDA agrees that "the submitted data provide substantial evidence that tenapanor is effective in reducing serum phosphorus in CKD patients on dialysis," they characterize the magnitude of the treatment effect as "small and of unclear clinical significance." Additionally, the FDA noted that for the application to be approved, Ardelyx needs "to conduct an additional adequate and well-controlled trial demonstrating a clinically relevant treatment effect on serum phosphorus or an effect on the clinical outcome thought to be caused by hyperphosphatemia in CKD patients on dialysis." There were no safety, clinical pharmacology/biopharmaceutics, CMC or non-clinical issues identified in the CRL. The FDA indicated it is willing to meet with Ardelyx to discuss options for obtaining approval. To that end, the company intends to request a Type A meeting as soon as possible to discuss the CRL and determine potential paths forward for the approval of tenapanor for the control of serum phosphorus in adult patients with CKD on dialysis.
SWN

Hot Stocks

16:21 EDT Southwestern Energy reports Q2 total production 276 Bcfe - Total production for the quarter ended June 30, 2021 was 276 Bcfe, of which 79% was natural gas, 17% NGLs and 4% oil. Capital investments totaled $259 million for the second quarter, with 23 wells drilled, 19 wells completed and 31 wells placed to sales.
XM

Hot Stocks

16:21 EDT Qualtrics to acquire Clarabridge in a stock transaction valued at $1.125B - Qualtrics announced that it has entered into a definitive agreement to acquire Clarabridge, "the leader in omnichannel conversational analytics," in a stock transaction valued at $1.125B. Qualtrics will acquire Clarabridge for $1.125B in Qualtrics Class A common stock based on a fixed number of Qualtrics shares and a Qualtrics share price of $37.33. The boards of directors of Qualtrics and Clarabridge have each approved the transaction. An investor presentation about the transaction is available on our investor relations website at qualtrics.com/investors. The proposed transaction is subject to receipt of required regulatory approvals and satisfaction or waiver of other customary closing conditions and is expected to close during Qualtrics' fourth quarter of fiscal year ending December 31, 2021.
PINS

Hot Stocks

16:19 EDT Pinterest sees Q3 revenue up in low 40% range from last year - The company states: "We continue to navigate uncertainty given the ongoing COVID-19 pandemic and other factors. Our current expectation is that Q3 revenue will grow in the low-40% range year over year. We expect Q3 operating expenses will grow modestly quarter over quarter as we continue to ramp investments in our long-term strategic priorities, with plans to resume our brand marketing campaign in early Q4. Engagement headwinds on Pinterest have continued in July. As of July 27, 2021, U.S. MAUs have declined approximately 7% and global MAUs have grown approximately 5% year over year*. The evolution of the COVID-19 pandemic and related restrictions remain unknown, and we are not providing guidance on Q3 2021 MAUs given our lack of visibility into certain key drivers of engagement."
AJG

Hot Stocks

16:19 EDT Arthur J. Gallagher announces $1.5B share repurchase program - The company announced its board of directors authorized the repurchase of up to $1.5B of common stock under a new share repurchase plan. This repurchase plan replaces its prior repurchase program, of which approximately $1.0B remained.
AIG

Hot Stocks

16:17 EDT AIG names Sabra Purtill chief risk officer - AIG announced that Sabra Purtill has been named Executive Vice President, Chief Risk Officer. Based in New York, Ms. Purtill will report to President and Chief Executive Officer, Peter Zaffino, and will join the AIG Executive Leadership Team. Ms. Purtill has been serving as interim Chief Risk Officer for AIG since February 2021.
XM

Hot Stocks

16:16 EDT Qualtrics to acquire Clarabridge in a stock transaction valued at $1.125B
QGEN

Hot Stocks

16:16 EDT Qiagen starts new $100M share repurchase program - Roland Sackers, Chief Financial Officer of QIAGEN N.V., said: "QIAGEN continued to deliver a strong level of sales growth and profitability throughout the first half of 2021, and also very strong cash flow improvements over the year-ago period. As part of our commitment to value creation, we recently started the new $100 million share repurchase program with a goal for completion in mid-September 2021. This reflects our confidence in QIAGEN's growth prospects and is a reaffirmation of our commitment to increasing returns for shareholders."
DV

Hot Stocks

16:15 EDT DoubleVerify CEO calls Q2 'outstanding' - We delivered an outstanding second quarter fueled by record Programmatic Revenue as advertisers adopted our industry-leading Authentic Brand Safety solution on Google's DV360 and additional programmatic buying platforms," said Mark Zagorski, CEO of DoubleVerify. "Product innovation success, industry-leading accreditations in fast-growing sectors such as CTV and Social, and continued investments in enhancing our international footprint have yielded new enterprise client wins and meaningful expansion opportunities within our existing blue-chip customer base. Our ongoing product and market leadership combined with digital advertising spend tailwinds, make us optimistic about our growth prospects for the rest of the year and beyond."
WERN

Hot Stocks

16:14 EDT Werner sees FY21 effective tax rate 24.5%-25.5%
WWE

Hot Stocks

16:14 EDT WWE backs FY21 adjusted OIBDA view $270M-$305M - In January, the Company issued Adjusted OIBDA guidance of $270 million to $305 million for the full year 2021. During the second quarter, key performance metrics demonstrated positive trends, and the Company continue to realize better-than-expected television production efficiencies, stronger sponsorship sales, and heightened demand for its live events. However, management is not adjusting full year 2021 guidance at this time given ongoing caution regarding the potential impact of COVID-19 and its variants on WWE's operations. Additionally, the Company anticipates spending on its new headquarters buildout as the projects re-starts in the second half of 2021. For the full year 2021, the Company estimates total capital expenditures of [$85 million to $105 million]. The increase in capital expenditures for 2021 reflects the acceleration of certain construction spend, as the overall cost of construction - net of tenant incentives, tax credits and other capital offsets - has not materially increased. The total net cost of the Company's new headquarters through completion is estimated within a range of [$160 million to $180 million].
RSG

Hot Stocks

16:13 EDT Republic Services raises quarterly dividend 8% to 46c from 42.5c per share
BVS MSON

Hot Stocks

16:12 EDT Bioventus to acquire Misonix in deal that values Misonix at $518M - Bioventus Inc. (BVS) and Misonix, Inc. (MSON) announced that they have entered into a definitive agreement by which Bioventus will acquire Misonix in a cash-and-stock transaction. Under the terms of the agreement, which has been unanimously approved by the boards of directors of both Bioventus and Misonix, Misonix stockholders will receive aggregate consideration that values Misonix at approximately $518 million on a fully diluted basis as of July 27, 2021. In the transaction, Misonix stockholders may elect to receive either (i) 1.6839 shares of Bioventus class A common stock or (ii) $28.00 in cash, without interest, for each share of Misonix common stock they hold, subject to proration based on an aggregate maximum cash amount payable by Bioventus equal to $10.50 per share of Misonix common stock outstanding shortly prior to the completion of the transaction. The aggregate share consideration represents 25% of the combined company on a fully diluted basis. The aggregate per-share value for Misonix represents a 25% premium to Misonix's 30-day VWAP as of July 27, 2021. The transaction is subject to regulatory approvals, Bioventus stockholder approval, Misonix stockholder approval, and other customary closing conditions. It is expected to close in the fourth quarter of 2021. Following the closing of the transaction, the combined company is expected to conduct business as Bioventus Inc. Bioventus expects the transaction to add nearly $80 million of calendar year 2021 revenue and provide an incremental 100 basis points to Bioventus' long-term average annual revenue growth rate before factoring in any potential revenue synergies. Bioventus also expects the combination to generate $20 million of annual pre-tax cost synergies by the end of the second full year following the completion of the transaction. Cost synergy opportunities include public company expenses, overlapping support and systems costs, and infrastructure expenses. Bioventus anticipates that the transaction will be accretive to its adjusted EBITDA in the first full year after completion of the transaction and accretive to its adjusted EBITDA margins by the second full year after completion of the transaction.
BVS MSON

Hot Stocks

16:11 EDT Bioventus to acquire Misonix in cash and stock transaction
SGEN

Hot Stocks

16:08 EDT Seagen sees FY21 Adcetris net product sales $675M-$700M - Sees FY21 royalty revenues $125M-$135M.
KLAC

Hot Stocks

16:08 EDT KLA Corp. raises dividend 17% to $1.05 per share, announces $2B share buyback - "Thanks to the commitment of our global team, KLA delivered strong results in the June 2021 quarter, with revenue and GAAP and non-GAAP EPS each finishing above the mid-point of our guidance ranges. This continued performance demonstrates strong customer demand, exceptional execution, and focus driven by the KLA Operating Model," commented Rick Wallace, president and CEO of KLA Corporation. "We are also pleased to announce today that the Board of Directors approved the twelfth consecutive dividend level increase which has grown at a compound annual growth rate of 16% since inception. The Board has also authorized a new $2 billion share repurchase program. KLA's dividend and share repurchase programs are integral to KLA's disciplined approach to capital management and reflect the company's continued strength in free cash flow generation."
WATT

Hot Stocks

16:07 EDT Energous names Cesar Johnston acting CEO, CFO Sereda to depart - Energous announced several changes to the composition of the board and its leadership team, including its CEO and CFO positions. These changes follow the official retirement of former company president and CEO Stephen Rizzone last month. Effective immediately, Cesar Johnston will assume the role of acting CEO. Johnston has been with the company for the past seven years, most recently serving as chief operating officer and executive vice president of engineering. Additionally, Bill Mannina will assume the role of acting CFO. Mannina has been with the company since 2016, serving in several finance-related roles including VP of finance and controller. Mannina's appointment comes as current CFO Brian Sereda, who has held the position since 2015, intends to depart the company. Finally, Kathleen Bayless will join Energous as a member of the board of directors as well as the company's audit committee.
AMZN

Hot Stocks

16:05 EDT Amazon.com drops 5% to $3,434 in afterhours trading after Q2 revenue miss
PTCT

Hot Stocks

16:04 EDT PTC Therapeutics sees FY21 revenue for DMD franchise $370M-$390M - Continues to anticipate GAAP R&D and SG&A expense for 2021 to be $825M-$855M. Continues to anticipate Non-GAAP R&D and SG&A expense for the full year 2021 to be between $725M-$755M, excluding estimated non-cash, stock-based compensation expense of $100M.
TMUS

Hot Stocks

16:04 EDT T-Mobile boosts FY21 postpaid net customer adds view to 5M-5.3M - Postpaid net customer additions are expected to be between 5.0 million and 5.3 million, an increase from prior guidance of 4.4 million to 4.9 million. Core Adjusted EBITDA, which is Adjusted EBITDA less lease revenues, is expected to be between $23.0 billion and $23.3 billion, an increase from prior guidance of $22.8 billion to $23.2 billion. Cash purchases of property and equipment, including capitalized interest, are expected to be between $12.0 billion to $12.3 billion, an increase from the prior guidance of $11.7 billion to $12.0 billion. Net cash provided by operating activities, including payments for Merger-related costs, is expected to be between $13.6 billion and $13.9 billion, an increase from prior guidance of $13.2 billion to $13.6 billion.
AMZN

Hot Stocks

16:04 EDT Amazon reports Q2 AWS net sales $14.81B vs. $10.81B a year ago - Amazon reports Q2 AWS operating income of $4.19B vs. $3.36B a year ago.
TMUS

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16:03 EDT T-Mobile reports Q net customer additions of 1.4M
TMUS

Hot Stocks

16:03 EDT T-Mobile reports Q2 postpaid net additions of 1.3M - Reports postpaid phone net additions of 627 thousand, 2.5x more than last year, postpaid account net additions of 349 thousand, best in industry and record-high. Service revenues of $14.5 billion grew 10% year-over-year. Free Cash Flow excluding gross payments for the settlement of interest rate swaps of $1.7 billion, grew 16% year-over-year.
MSON

Hot Stocks

16:00 EDT Misonix trading halted, news pending
BDX

Hot Stocks

15:33 EDT FDA posts letter on previous issues seen with Becton Dickinson COVID-19 test - The U.S. Food and Drug Administration had alerted clinical laboratory staff and health care providers of an increased risk of a false positive result with BD SARS-CoV-2 Reagents for the BD Max System test, the agency stated in a communication posted on its website. "On March 10, 2021, based on new data provided by Becton, Dickinson and Company, the FDA reissued the EUA for the BD SARS-CoV-2 Reagents for the BD Max System test, and the test no longer has an increased risk of false positive results. For updated labeling, including results of a post-authorization study, see the Instructions for Use. Accordingly, all safety concerns listed on this page have been resolved and the previous recommendations for clinical laboratory staff and health care providers no longer apply to the BD SARS-CoV-2 Reagents for the BD Max System test," the FDA posting dated July 29 stated.
LLY

Hot Stocks

15:04 EDT Lilly reports donanemab led to 24% lowering of P-tau217 from baseline in study - At the Alzheimer's Association International Conference, Eli Lilly presented two new exploratory analyses of data from the Phase 2 TRAILBLAZER-ALZ study. In the first, greater amyloid plaque changes following donanemab treatment was highly associated with less cognitive decline and participants with greater plaque clearance at 24 weeks of treatment showed less tau progression. In the second, Lilly shared data showing that treatment with donanemab drives a rapid reduction of a biomarker reflecting Alzheimer's disease pathology, plasma P-tau217, which was detected within 12 weeks. Donanemab is an investigational antibody that targets a modified form of beta amyloid plaque called N3pG. In June 2021, Lilly announced the U.S. Food and Drug Administration had granted Breakthrough Therapy designation for donanemab based on the Phase 2 data. No additional safety analyses were performed related to the presentations. In the first oral presentation, donanemab induced rapid amyloid plaque reduction at 24 weeks in participants with early symptomatic AD, with the most rapid clearance in subjects with the most severe plaque burden at baseline. The subset of participants who reached complete amyloid plaque clearance at 24 weeks were able to stop or reduce dosing of donanemab earlier than other patients. Among those who achieved complete amyloid plaque clearance at 24 weeks and had a blinded switch to placebo, an exposure-response model showed minimal amyloid re-accumulation over the next year. Additionally, among those who reached early complete amyloid plaque clearance status at 24 weeks, a flortaucipir positron emission tomography scan at 76 weeks showed a significant decrease of tau spread - a predictive biomarker for AD progression - over 76 weeks in frontal, parietal and temporal brain regions compared to placebo. Greater amyloid plaque change at 24 weeks was also associated with improved Integrated Alzheimer's Disease Rating Scale score, a validated, composite measure that combines two well-established instruments used to assess cognition and daily function in AD clinical trials. Additionally, pharmacokinetic/pharmacodynamic modeling showed that greater relative amyloid plaque clearance was correlated with greater clinical benefit. A second oral presentation focused on plasma P-tau217, a research blood-biomarker developed by Lilly, associated with amyloid and tau pathology and diagnosis of Alzheimer's disease. Planned analyses showed that treatment with donanemab resulted in early reduction of P-tau217 and showed significant reduction by the 3-month timepoint compared to placebo. Decreased P-tau217 correlated significantly with amyloid change at all timepoints, at 24 weeks and 76 weeks, the company said.
GSK

Hot Stocks

14:28 EDT GlaxoSmithKline announces FDA approval for Nucala in added indication - GlaxoSmithKline announced that the US Food and Drug Administration has approved Nucala, a monoclonal antibody that targets interleukin-5, as a treatment for patients with chronic rhinosinusitis with nasal polyps, or CRSwNP. This new indication for mepolizumab is for the add-on maintenance treatment of CRSwNP in adult patients 18 years of age and older with inadequate response to nasal corticosteroids. Reference Link
ETR

Hot Stocks

13:53 EDT Entergy seeks approval to build 1,215-megawatt Orange County power station - As part of its plan to meet growing demand across Southeast Texas and modernize its generation fleet, Entergy Texas, has begun the process to seek approval to construct the Orange County Advanced Power Station, a 1,215-megawatt, dual fuel combined cycle power facility. The plant will be located near Bridge City, Texas and will be capable of powering more than 230,000 homes and use a combination of natural gas and hydrogen. Hydrogen produces zero carbon emissions as a fuel source for electric generation. "The Orange County Advanced Power Station is a Texas project for Texas customers," said Sallie Rainer, president and CEO of Entergy Texas. "The addition of this facility will continue our work to provide reliable, low-cost and clean energy in Southeast Texas and will provide more than $1.5B in net benefits to customers by reducing reliance on energy markets." An outside economic impact analysis by TXP, Inc. found that the construction and operation of the Orange County Advanced Power Station will play a major role in creating jobs and driving increased economic activity. Estimates indicate that construction will provide more than 7,000 direct jobs in Texas and nearly $1.8B in economic activity for the regional economy. Once operational, the plant will provide approximately 27 permanent direct jobs in Texas.
TELL RDS.A

Hot Stocks

13:26 EDT Tellurian, Shell finalize LNG sale, purchase agreements - Tellurian (TELL) announced it has finalized liquefied natural gas sale and purchase agreements with Shell NA LNG (RDS.A). The SPAs are on a free on board basis at Driftwood LNG for a combination of three million tonnes per annum for a ten-year period, indexed to a combination of two indices: the Japan Korea Marker and the Dutch Title Transfer Facility, each netted back for transportation charges. The agreements mark the third deal that Tellurian has finalized in ten weeks, totaling nine mtpa and nearly all of the capacity of Driftwood LNG's first two plants.
NEGG $LTC

Hot Stocks

13:18 EDT Newegg Commerce to accept litecoin on BitPay - Newegg Commerce announces that it is expected to become the first merchant to accept Litecoin cryptocurrency as a payment method on the BitPay platform starting this week. Customers shopping on Newegg.com will have the option of paying with Litecoin using the BitPay Wallet app. W
SO

Hot Stocks

13:17 EDT Southern Company sees maintaining credit profile - Sees slower-than-expected recovery from COVID-related staffing reductions in 2020. Says has seen "positive" staffing trends at Vogtle Unit 4 in recent weeks. Says expects to maintain credit profile. Comments taken from Q2 earnings conference call.
GRUB

Hot Stocks

13:01 EDT Massachusetts sues Grubhub for exceeding cap fees during Covid - Massachusetts Attorney General Maura Healey sued Just Eat Takeaway's Grubhub for "allegedly illegally charging fees to Massachusetts restaurants that exceeded the statutory fee cap in place during the COVID-19 public health emergency." The lawsuit demands refunds for restaurants. It seeks to secure refunds for affected establishments, as well as civil penalties of $5,000 per violation, together with the costs of investigating and prosecuting the case. Reference Link
MTG

Hot Stocks

12:51 EDT MGIC Investment raises dividend to 8c from 6c per share - The board of directors of MGIC Investment declared a quarterly cash dividend of 8c per share, up from 6c previously. The dividend is payable on August 26 to shareholders of record on August 12.
AMZN ZM

Hot Stocks

12:26 EDT Amazon says Fire TV Cube users can now make video calls with Zoom app - Amazon (AMZN) announced that Fire TV Cube users can now video call friends, family, and business colleagues with the Zoom (ZM) app on Fire TV. All users require is a 2nd Gen Fire TV Cube with the latest software update, a compatible webcam, Micro USB-to-USB adapter, and to download Zoom on Fire TV. Reference Link
CME

Hot Stocks

12:23 EDT CME Group 'pleased' about ARRC's formal recommendation of SOFR rates - CME Group issued the following statement in response to the Alternative Reference Rates Committee's formal recommendation of CME Term SOFR Reference Rates for use based on their previously outlined best practices: "We are pleased to be selected by the ARRC to play this important role and have been delivering robust, forward-looking SOFR term rates to the industry, based on our deep and liquid underlying CME SOFR futures market, since September 2020," said Sean Tully, CME Group Global Head of Financial and OTC Products. "The ARRC's formal recommendation of CME Term SOFR Reference Rates is an important milestone for the industry and the continued development of the broader SOFR ecosystem. Today's decision provides the market with greater clarity and ensures CME Term SOFR Reference Rates are widely available for use alongside other forms of SOFR. We look forward to continued collaboration with the ARRC and market participants."
NKLA

Hot Stocks

12:21 EDT DOJ confirms former Nikola CEO charged in securities fraud scheme - Audrey Strauss, the United States Attorney for the Southern District of New York, and Phillip R. Bartlett, Inspector-in-Charge of the New York Division of the United States Postal Inspection Service, announced the unsealing of a criminal indictment charging Trevor Milton with securities and wire fraud in connection with his scheme to defraud and mislead investors about the development of products and technology by the company he founded, Nikola Corporation. Manhattan U.S. Attorney Audrey Strauss said: "As alleged, Trevor Milton brazenly and repeatedly used social media, and appearances and interviews on television, podcasts, and in print, to make false and misleading claims about the status of Nikola's trucks and technology. But today's criminal charges against Milton are where the rubber meets the road, and he now will be held accountable for his allegedly false and misleading statements to investors." Reference Link
LRLCY

Hot Stocks

12:05 EDT L'Oreal CEO 'more confident than ever' in ability to achieve FY growth in sales
FTI

Hot Stocks

12:01 EDT FMC Technologies trading resumes
DBD

Hot Stocks

12:00 EDT Diebold falls -11.2% - Diebold is down -11.2%, or -$1.29 to $10.28.
EQT

Hot Stocks

12:00 EDT EQT Corporation falls -11.5% - EQT Corporation is down -11.5%, or -$2.39 to $18.36.
RYB

Hot Stocks

12:00 EDT RYB Education falls -11.6% - RYB Education is down -11.6%, or -44c to $3.36.
MTH

Hot Stocks

12:00 EDT Meritage Homes rises 14.1% - Meritage Homes is up 14.1%, or $13.48 to $109.17.
TPX

Hot Stocks

12:00 EDT Tempur Sealy rises 14.9% - Tempur Sealy is up 14.9%, or $5.62 to $43.27.
LC

Hot Stocks

12:00 EDT LendingClub rises 56.1% - LendingClub is up 56.1%, or $9.12 to $25.36.
DISH T

Hot Stocks

11:59 EDT Dish announces new agreement with WarnerMedia for HBO Max, HBO and Cinemax - DISH Network (DISH) announced that the HBO Max streaming platform, as well as the HBO and Cinemax premium networks, are now available to DISH TV customers nationwide through a new agreement with WarnerMedia, part of AT&T (T). "Tied to the launch and for a limited time, DISH is offering customers a 10-day free preview to access HBO and Cinemax," the company stated. "DISH TV customers can subscribe to the HBO Max Ad Free plan for $12 per month for up to 12 months when they subscribe by October 27, 2021, a discount off its standard $14.99 per month pricing," the company stated.
FTI THNPF

Hot Stocks

11:47 EDT TechnipFMC to sell part of its stake in Technip Energies N.V. - TechnipFMC (FTI) announces the launch of the placement of 16M Technip Energies (THNPF) shares, representing about 9% of Technip Energies' issued and outstanding share capital, through a private placement by way of an accelerated bookbuild offering. "Upon completion of the placement, TechnipFMC would retain a direct stake of ca. 22% of Technip Energies' issued and outstanding share capital. TechnipFMC has agreed to a 60-day lock-up for its remaining shares in Technip Energies, subject to waiver from the joint global coordinators and certain other customary exceptions, including transfer of shares to a subsidiary, granting and enforcement of security interests in connection with financing and derivative transactions and tender into any public tender offer for all or part of the shares. The placement is targeted at eligible institutional investors. There will be no public offering in any country. The final terms of the placement are expected to be announced on July 30 at the latest. Settlement for the placement is expected to take place on or around August 3," the company stated.
FTI

Hot Stocks

11:43 EDT FMC Technologies trading halted, news pending
UFS

Hot Stocks

11:13 EDT Domtar stockholders approve Paper Excellence merger - Stockholders of Domtar Corporation approved a proposal to adopt a business combination with Paper Excellence B.V., whereby Karta Halten B.V., an affiliate of Paper Excellence, will acquire all of the issued and outstanding shares of Domtar common stock for $55.50 per share in cash pursuant to an agreement and plan of merger dated May 10, the company announced. Additionally, Domtar announced that clearances have been obtained under the antitrust laws of Spain and the People's Republic of China, following previous clearances obtained in the United States and Turkey, representing another step toward the closing of the announced merger. The merger is expected to be completed before the end of 2021, subject to receiving clearance under Canada's Competition Act and other customary closing conditions.
SAVE

Hot Stocks

10:36 EDT Spirit Airlines in 'active' talks to increase flying in NYC, Newark
PCG

Hot Stocks

10:33 EDT PG&E says SEC probe into fire disclosures ended with no action - On March 20, 2019, PG&E learned that the Securities and Exchange Commission's San Francisco Regional Office was conducting an investigation related to the company's public disclosures and accounting for losses associated with the 2018 Camp fire, the 2017 Northern California wildfires and the 2015 Butte fire. On May 5, 2021, the SEC notified PG&E that it had concluded its investigation and did not intend to recommend an enforcement action, PG&E disclosed today in its quarterly filing.
SAVE

Hot Stocks

10:33 EDT Spirit Airlines sees reaching 2019 unit cost level in mid-2022
GHRS

Hot Stocks

10:23 EDT GH Research PLC trading resumes
GHRS

Hot Stocks

10:18 EDT GH Research PLC trading halted, volatility trading pause
SAVE

Hot Stocks

10:17 EDT Spirit Air: 'Too soon to say' if any impact on bookings from face covering rules
ALEC

Hot Stocks

10:15 EDT Alector says AL001 slowed progression of dementia by 47% in study - Alector presented results from the company's INFRONT-2 Phase 2 clinical trial of AL001 at the Alzheimer's Association International Conference. AL001 is initially being developed for the treatment of adults at risk for or with symptomatic frontotemporal dementia due to a progranulin gene mutation. Data presented today focused on up to twelve symptomatic FTD-GRN patients treated over twelve months in an open-label study designed to assess safety, pharmacokinetics and pharmacodynamics, exploratory biomarkers and efficacy, the company said. It added, "AL001 showed a favorable safety profile and rapidly restored progranulin levels to normal ranges in both plasma and cerebrospinal fluid for the duration of treatment. While the INFRONT-2 Phase 2 study was not designed to demonstrate clinical benefit, clinical outcome assessments using the CDR plus NACC FTLD-SB scale found that AL001 treatment slowed clinical progression by 47% compared to a matched control cohort of participants from the Genetic FTD Initiative. Additionally, multiple disease-relevant biomarkers of lysosomal function, complement activation and neuronal health trended toward normalization or remained stable." Alector added that it is actively enrolling the INFRONT-3 Phase 3 pivotal clinical study of AL001 in at-risk and symptomatic carriers of the progranulin mutation causative of FTD.
SAVE

Hot Stocks

10:15 EDT Spirit Airlines: September post-Labor Day showing normal seasonal slowdown
SAVE

Hot Stocks

10:11 EDT Spirit Airlines sees Q3 capacity up 10.6% vs. 3Q19 - Sees Q4 capacity up about 23% vs. 4Q19.
SAVE

Hot Stocks

10:10 EDT Spirit Airlines: July yields, load factors have been 'strong'
SAVE

Hot Stocks

10:09 EDT Spirit Airlines: Non-ticket revenue nearing $60 per passenger
SAVE

Hot Stocks

10:07 EDT Spirit Airlines: June fare yields were even with June 2019
SAVE

Hot Stocks

10:05 EDT Spirit Airlines: Q2 turned out 'even better than expected'
SAVE

Hot Stocks

10:04 EDT Spirit Airlines expects to be profitable in Q3, Q4
SAVE

Hot Stocks

10:03 EDT Spirit Airlines: Summer is 'operationally challenging' and 'very busy' - Comments taken from Q2 earnings conference call.
FLGC

Hot Stocks

10:01 EDT Flora Growth enters into non-binding LOI with Evergreen Pharmacare - Flora Growth announces that it has entered into a non-binding Letter of Intent with Evergreen Pharmacare, a licensed Australian importer and distributor of medical cannabis products, to supply its premium dried flower and derivative products. The company expects to ship its medical-grade cannabis products upon completion of its first commercial harvest and obtaining necessary export licenses. Evergreen works with patients and healthcare practitioners, primarily physicians and pharmacists, to provide medical cannabis products and to educate about the authorization and use of medical cannabis. "The agreement with Evergreen will allow us to establish a local partner in Australia while generating incremental revenue from our Colombian cannabis facility and as legislation evolves within Australia," said Jason Warnock, Chief Revenue Officer of Flora Growth. "This agreement also provides significant potential upside by allowing us to work with Australian regulators directly and bring our premium brands and established product formulations to the over-the-counter CBD market. Down-scheduling CBD fits well with Flora's long term consumer product strategy of providing proven cannabinoid wellness and beauty products to consumers around the world and we are excited to work with our partners on this new opportunity."
BTU

Hot Stocks

10:00 EDT Peabody Energy falls -10.6% - Peabody Energy is down -10.6%, or -$1.14 to $9.63.
RYB

Hot Stocks

10:00 EDT RYB Education falls -11.3% - RYB Education is down -11.3%, or -43c to $3.37.
DBD

Hot Stocks

10:00 EDT Diebold falls -14.8% - Diebold is down -14.8%, or -$1.71 to $9.86.
GHG

Hot Stocks

10:00 EDT GreenTree Hospitality rises 12.6% - GreenTree Hospitality is up 12.6%, or $1.08 to $9.66.
DIDI

Hot Stocks

10:00 EDT DiDi rises 13.9% - DiDi is up 13.9%, or $1.23 to $10.10.
LC

Hot Stocks

10:00 EDT LendingClub rises 39.4% - LendingClub is up 39.4%, or $6.41 to $22.66.
MA

Hot Stocks

09:59 EDT MasterCard expects 'vibrancy of travel' to come back - Says very well-positioned to capitalize on any increase in travel. Sees "long runway" for card usage from reopening of economy. Expects secular trend against cash to continue for a long time. Sees Q3 rebates and incentives "in-line" with Q2. Sees "decent deceleration" in crypto purchases.
SAVA

Hot Stocks

09:55 EDT Cassava Sciences: Simufilam improved cognition in open-label study - Cassava Sciences announced clinical data from an interim analysis of an open-label study with simufilam, the company's investigational drug for the treatment of Alzheimer's disease. In a clinical study funded by the National Institutes of Health, simufilam significantly improved cognition in Alzheimer's patients, with no safety issues. Simufilam improved cognition scores 3.0 points on ADAS-Cog11, an 18% mean improvement, baseline to month 9. This interim analysis summarizes clinical data from the first 50 patients with mild-to-moderate Alzheimer's disease who completed 9 months of open-label simufilam treatment. Cassava Sciences believes the data is the first report of significant cognitive improvements at 9 months that also track with robust improvements in biomarkers in patients with Alzheimer's. "We are very pleased with the overall consistency of data," said Remi Barbier, President & CEO. "Simufilam improved cognition, biomarkers and behavior, a triple-win for study participants. These clinical data combined with a clean safety profile and easy oral administration suggest highly encouraging and durable treatment effects for people living with Alzheimer's disease."
PCG

Hot Stocks

09:53 EDT PG&E sees loss from Dixie fire, can't reasonably estimate range - PG&E said in its quarterly filing: "Based on the facts and circumstances available to PG&E Corporation and the Utility as of the date of this filing, including information contained in the 2021 Dixie fire EIR and other information gathered as part of PG&E Corporation's and the Utility's investigation, PG&E Corporation and the Utility believe it is probable that they will incur a loss in connection with the 2021 Dixie fire. However, due to the limited amount of time that has elapsed since the start of the 2021 Dixie fire, the preliminary stages of the investigations, and the uncertainty as to the extent and magnitude of possible losses, PG&E Corporation and the Utility cannot reasonably estimate the amount or range of such possible loss at this time."
MO

Hot Stocks

09:49 EDT Altria says PM USA delaying expansion in U.S. of IQOS until more ITC clarity - On the company's Q2 earnings call, Altria executives noted that PM USA expanded IQOS and Marlboro Heatsticks to retail stores across Georgia, Virginia, North Carolina and South Carolina. The company added: "We previously stated the importance of responsibility and discipline in our IQOS expansion approach. PM USA has been mindful of the pending International Trade Commission case, which may result in a ban on the importation of IQOS into the United States." Due to this uncertainty, PM USA has delayed expansion in the U.S. of IQOS and Marlboro HeatSticks until it has more clarity from the ITC, the company stated. In response to an analyst follow-up question on IQOS plans, Altria executives stated: "So the 4 states existing markets, including Northern Virginia, we're staying in, and we'll complete the state expansions. It was just beyond that where we had previously announced, by the end of the year, we'd be in geographies representing 25% of cigarette volume. We wanted to let you guys know and our investors know that we're delaying that until we get some certainty" around the ITC review of the ALG findings and recommendations on certain issues, which included patent infringement claims and the scope of remedies. The company added that it would expect to have a final ITC decision in September or October, adding "then you remember the process after that is it can be -- it goes to presidential review and that can take up to a period of 60 days after the ITC decision is final. And then any decision from the ITC can be appealed in the U.S. Court of Appeals for the Federal Circuit. And so that will be the process that plays out depending on how things progress."
PACK

Hot Stocks

09:47 EDT Ranpak Holdings falls -8.5% - Ranpak Holdings is down -8.5%, or -$2.21 to $23.91.
EQT

Hot Stocks

09:47 EDT EQT Corporation falls -10.3% - EQT Corporation is down -10.3%, or -$2.14 to $18.61.
DBD

Hot Stocks

09:47 EDT Diebold falls -12.4% - Diebold is down -12.4%, or -$1.44 to $10.13.
DAO

Hot Stocks

09:47 EDT Youdao rises 13.2% - Youdao is up 13.2%, or $1.25 to $10.69.
DIDI

Hot Stocks

09:47 EDT DiDi rises 14.0% - DiDi is up 14.0%, or $1.24 to $10.11.
LC

Hot Stocks

09:47 EDT LendingClub rises 41.1% - LendingClub is up 41.1%, or $6.67 to $22.93.
CMCSA

Hot Stocks

09:40 EDT Comcast announces Peacock coming to Sky - Comcast announced NBCUniversal and Sky will make Peacock available at no additional cost to nearly 20 million Sky customers in Europe. Beginning later this year, Peacock will make its international debut across Sky platforms, including Sky Q, NOW, and Sky Ticket, currently serving customers throughout the UK, Ireland, Germany, Italy, Austria, and Switzerland.
ANVS

Hot Stocks

09:40 EDT Annovis Bio Inc trading resumes
ANVS

Hot Stocks

09:35 EDT Annovis Bio Inc trading halted, volatility trading pause
BYD...

Hot Stocks

09:33 EDT Nevada reports June statewide gaming win up 110.5% to $1.19B - Nevada reports June Las Vegas Strip gaming win up 156.3% compared to 2020 to $610.56M. Publicly traded companies in the space casino include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
AMPG

Hot Stocks

09:29 EDT AmpliTech Group secures $500,000 follow-on orders for LNAs - AmpliTech Group announced it has received $500,000 in orders for custom Low Noise Amplifiers, or LNA, for a global high-speed satellite broadband services provider. The amplifiers, which are expected to ship in the third quarter, will be utilized in satellite ground stations to disseminate valuable geosynchronous equatorial orbit, Low Earth Orbit and Medium Earth Orbit satellite system data to end-users. CEO Fawad Maqbool commented, "We have years of experience working with this customer to deploy customized low noise amplifiers in their satellite systems. It recognizes the value of our industry-leading performance and reliability to deliver data and communications that are unimpacted by environmental interference. We are excited to build on this relationship to maximize the efficiency of the customer's communications systems and look forward to working with the customer in the future."
LLY INCY

Hot Stocks

09:29 EDT Eli Lilly and Incyte's baricitinib granted broadened COVID emergency use by FDA - Eli Lilly (LLY) and Incyte (INCY) announced the FDA has broadened the Emergency Use Authorization for baricitinib to allow for treatment with or without remdesivir, whereas the EUA was previously restricted to use only in combination with remdesivir. The EUA now provides for the use of baricitinib for treatment of COVID-19 in hospitalized adults and pediatric patients two years of age or older requiring supplemental oxygen, non-invasive or invasive mechanical ventilation or extracorporeal membrane oxygenation. The FDA based the decision on data from the Phase 3 COV-BARRIER study, announced April 8. Baricitinib-treated patients were less likely than those receiving standard of care to progress to ventilation or death. A pre-specified key secondary endpoint showed baricitinib, in addition to standard of care, meaningfully reduced the risk of death by 39% by Day 28 when compared to standard of care alone.
ARHH

Hot Stocks

09:29 EDT Assure Holdings performs first neuromonitoring case in Nebraska - Assure Holdings announced that it has performed its first neuromonitoring case in the state of Nebraska. Assure will be working with neurosurgery spine surgeon W. Lee Warren, M.D. of Great Plains Health who performs approximately 250 procedures annually. Dr. Warren is a retired Major of the United States Air Force and is an Iraq War veteran who performed over 200 brain and spine surgeries in a tent hospital at Balad Air Base between 2004 and 2005. In addition to serving 14 years in the military, Dr. Warren retired as chairman of neurosurgery at Wilford Hall Medical Center in Texas. Dr. Warren holds two U.S. patents for minimally invasive surgical equipment and is the inventor of numerous high-impact medical devices. In addition to his neurosurgery work, Dr. Warren is a nationally known author, blogger and hosts a podcast heard in over 70 countries weekly. Assure has renewed its agreement with Sidoti & Company to provide securities and capital market research services to the Company in accordance with the policies of the TSX Venture Exchange and other applicable securities laws.
SRNA

Hot Stocks

09:27 EDT Surna announces cultivation facility architectural design services - Surna announces the addition of architectural design services to its growing portfolio of product and service offerings. "Surna Cultivation Technologies architectural design services include: Efficient Design; Deep Expertise; Flexibility; and Long Term Support," the company said. Tony McDonald, Surna's Chairman and CEO stated, "This is a vital service offering as it gets us closer to the customer earlier in the project timeline. When we engage early in a project we are able to clearly articulate the advantages we bring with our wide array of products and services. The customer is thereby provided with better options based on their particular needs and budgets, which enhances our customer's success throughout their project."
GTEH

Hot Stocks

09:27 EDT GenTech Nature Soothie brand available at Whole Foods - GenTech Holdings is excited to announce that its recent acquisition, Nature Spoon, the producer of Nature Soothie branded herbal supplement lollipops for children, is now available at Whole Foods Market locations. Nature Soothie has officially launched its Immune Soothie and Tummy Soothie in select Whole Foods Market locations initially in the Rocky Mountain and Southern Pacific regions, with the potential to expand to locations across North America.
APO

Hot Stocks

09:26 EDT Apollo Infrastructure Funds invest $200M in FirstDigital Telecom - Apollo Global Management announced that funds managed by its affiliates have agreed to invest $200 million of preferred equity in FirstDigital Telecom, a leading fiber-based carrier in the western United States. The strategic investment will support FirstDigital's growth strategy, inclusive of its recent acquisition of Veracity Networks LLC, a transaction that will position the Company as the largest fiber operator in Utah. In addition, the investment will provide the Company with liquidity to fund its longer-term growth plans.
FUN

Hot Stocks

09:25 EDT Cedar Fair explores potential development of esports arena in Sandusky - Cedar Fair Entertainment announced it is exploring the potential development of an esports arena in Sandusky. The facility would be a beacon for Midwest youth and collegiate gaming and esports, providing a best-in-class space to host competitive events for up to 1,500 stadium spectators. It would include 200 gaming stations and offer a wide range of food and beverage options, supplying amenities for competitors, gamers, and spectators alike. "Our long-term strategy is focused on delivering an immersive entertainment experience that differentiates our parks and makes our park guests want to come back again and again," said Richard A. Zimmerman, Cedar Fair president and chief executive officer. "The opening of our Cedar Point Sports Center in 2017 was consistent with this strategy and has proved to be enormously popular with amateur sports teams and other large groups. Given the booming popularity of esports, we believe there is an opportunity to tap into the growing appetite for that form of entertainment and package it with all that Cedar Point has to offer." The facility would represent the next phase of development of the approximately $50 million Cedar Point Sports Center. That highly successful venue includes Sports Force Parks and its 10 multi-purpose outdoor turf fields, as well as a 145,000-square-foot indoor facility boasting 10 basketball courts. The Sports Center is a significant economic driver that demonstrates Cedar Fair's continued investment in the region. Cedar Fair is partnering with Esports Development to develop preliminary plans for the estimated $28M arena. This Ohio-based group plans to work with the "best of breed" Tier 1 gaming companies to provide a world-class experience for guests and gamers alike.
LOTZ

Hot Stocks

09:25 EDT CarLotz announces second hub in Texas - CarLotz announced it will open a second hub in Texas. Located at 1001 Preston Road in Plano, the hub will provide CarLotz's guests in the greater Dallas area with "easy access to its service, value, and inventory," the company said. The hub is expected to open later this year. "I am so grateful to our guests in Texas for really understanding the value CarLotz delivers as a peer-to-peer marketplace, a great place to buy a car, an innovative way to sell a car, and a business totally focused on the guest experience," said Michael Bor, Co-Founder and CEO of CarLotz. "Our expansion from San Antonio to the greater Dallas area will allow even more guests to experience the benefits that come with buying and selling through our unique consignment model," Bor continued.
NOC

Hot Stocks

09:24 EDT Northrop Grumman sees FY21 aeronautics systems sales $11.5B-$11.7B - Sees FY21 aeronautics systems OM rate 10.1%-10.3%. Sees FY21 defense systems sales $5.75B-$5.95B. Sees FY21 defense systems OM rate 11.3%-11.5%. Sees FY21 mission systems sales $10.1B-$10.3B. Sees FY21 mission systems OM rate 15.2%-15.4%. Sees FY21 space systems sales $10.3B-$10.5B. Sees FY21 space systems OM rate 10.2%-10.4%. Sees FY21 eliminations sales ($2B)-($2.1B). Sees FY21 eliminations om rate 12.7%-12.9%. Sector guidance taken from Q2 investor presentation slides.
MA

Hot Stocks

09:23 EDT MasterCard says strong momentum accelerated in Q2 - Says making progress against strategic objectives. Says most markets in growth phase domestically. Says well-positioned for travel growth. Comments taken from Q2 earnings conference call.
DPRO

Hot Stocks

09:23 EDT Nasdaq approves Draganfly's application to list - Draganfly announces that its application to list its common shares on The Nasdaq Capital Market was approved by The Nasdaq Stock Market, subject to meeting the applicable initial listing requirements. The common shares of the Company are expected to begin trading on Nasdaq on or about Friday, July 30, 2021, under the symbol "DPRO". The company's common shares will continue to trade in Canada on the Canadian Securities Exchange under the symbol "DPRO." Concurrent with the listing of Draganfly's common shares on Nasdaq, they will cease to be quoted on the OTCQB.
NWVCF

Hot Stocks

09:23 EDT EnWave enters strategic collaboration with Elea - EnWave Corporation announced it has entered a strategic sales and marketing collaboration with Elea Vertriebs- und Vermarktungsgesellschaft to develop food applications that jointly leverage the benefits offered by Elea's Pulsed Electric Field technology and EnWave's Radiant Energy Vacuum drying technology. With over 175 installed systems, Elea is the world's leading provider of PEF systems to the food and beverage industries. PEF works by gently puncturing the cell membrane of the organic material, whatever the size of cell, leading to enhanced product benefits. The PEF process is targeted, gentle and clean. Using PEF facilitates faster, easier water removal and softens the raw material being processed. The advantages of using PEF for dried products include greater yield, less product waste and improved economics. Taste, smell and colour in food products are all also enhanced through the use of PEF. Elea's PEF accelerates drying times and can allow for the processing of higher capacities. EnWave believes that using PEF as a pre-treatment to REV will allow its licensed partners to innovate products of the highest quality and taste while improving processing economics. EnWave has placed a 10kW REV machine at Elea's state-of-the-art pilot plant facility in Quakenbruck, Germany to showcase the material benefits of marrying the two technologies for the production of dried fruit, vegetable, meat, seafood, dairy and confectionary products. EnWave will leverage this machine placement and the strategic collaboration with Elea to drive new business development and sales opportunities. Both Elea and EnWave have also appointed ScanStore A/S as a key European sales representative specializing in the advanced fruit and vegetable processing sector.
ARWR TAK

Hot Stocks

09:23 EDT Arrowhead granted BTD by FDA for ARO-AAT, also known as TAK-999 - Arrowhead Pharmaceuticals (ARWR) announced that it was granted Breakthrough Therapy designation by the U.S. Food and Drug Administration for ARO-AAT, also known as TAK-999, the company's second-generation investigational RNA interference therapeutic being co-developed with Takeda Pharmaceutical (TAK) as a treatment for the rare genetic liver disease associated with alpha-1 antitrypsin deficiency . Investigational therapy ARO-AAT was also previously granted Orphan Drug designation and Fast Track designation from the FDA, and Orphan designation from the European Commission. "I am also pleased to announce that the ARO-AAT Phase 2 SEQUOIA study has recently reached full enrollment of 40 patients. The interim results we recently presented at the 2021 European Association for the Study of the Liver International Liver Congress from the AROAAT2002 Phase 2 open label study were highly encouraging. We believe these interim results suggest that investigational ARO-AAT consistently reduced the production of the toxic mutant Z-AAT protein, which has been identified as the cause of progressive liver disease in patients with AATD. Further, these reductions over 6 and 12 months led to multiple important signals associated with healing of liver disease in patients with fibrosis due to AATD."
FMBH

Hot Stocks

09:22 EDT First Mid-Illinois Bancshares increases quarterly dividend to 22c per share - The Company's Board of Directors approved an increase of $0.015, or 7.3% per share, to its quarterly dividend. The increase results in the amount of $0.22 payable on September 1, 2021 for shareholders of record on August 18, 2021.
VZ

Hot Stocks

09:21 EDT Verizon announces the expansion of its mobile hotspot plans - Verizon announced it is launching four new mobile hotspot plans. "The new mobile hotspot plans range from 15 GB to 150 GB per month, and the top three tiers give you access to 5G Ultra Wideband1, so you can stream more videos, send bigger files and browse the web at faster speeds," the company said. "Whether you're a business traveler getting back to working out of airports, gassing up your RV for new adventures, or a digital nomad taking advantage of the option to work on the go, Verizon has a mobile hotspot plan for you," the company added.
CFR

Hot Stocks

09:19 EDT Cullen/Frost increases dividend 4% to 75c per share - Cullen/Frost declared a Q3 dividend of 75c per common share, an increase of 4% from the previous quarterly dividend of 72c. The dividend on common stock is payable September 15 to shareholders of record on August 31 of this year.
APPS

Hot Stocks

09:19 EDT Digital Turbine announces expansion of app distribution partnership with TikTok - Digital Turbine (APPS) and TikTok earlier announced a comprehensive expansion of their app distribution partnership. "Digital Turbine is to be the preferred distributor for TikTok on mobile device preload inventory in North America, expanding its current Latin America partnership. Under this new mutual agreement, TikTok will manage their mobile preloads through Digital Turbine's platform, with TikTok becoming the preferred short-form video platform preloaded on Digital Turbine inventory. Digital Turbine is the largest global on-device media platform with key partnerships in the US including Verizon, AT&T, Tracfone and Cricket and in Latin America with partners such as Telefonica, America Movil, and Millicom," the companies stated. Digital Turbine shares are up $1.99, or 3%, to $65.13 in pre-market trading.
ARWR TAK

Hot Stocks

09:19 EDT Arrowhead granted Breakthrough Therapy designation by FDA for ARO-AAT - Arrowhead Pharmaceuticals (ARWR) announced that it was granted Breakthrough Therapy designation by the Food and Drug Administration for ARO-AAT, also known as TAK-999, the company's second-generation investigational RNA interference therapeutic being co-developed with Takeda Pharmaceutical (TAK) as a treatment for the rare genetic liver disease associated with alpha-1 antitrypsin deficiency.
FTNT

Hot Stocks

09:18 EDT Fortinet announces expansion to FortiCare, FortiGuard offerings - Fortinet announced an expansion to its FortiCare and FortiGuard security services offerings, adding a new security service called FortiTrust. FortiTrust security services offer user-based licensing across all networks, endpoints and clouds, which traditionally have been siloed. Initial service levels are being offered for zero trust network access and identity verification, with more offerings forthcoming.
AYX

Hot Stocks

09:18 EDT Alteryx expands global relationship with PwC - Alteryx is expanding its relationship with PwC as a "Global Elite Partner," bringing together Alteryx analytics and data science automation with PwC's services and technologies to help accelerate transformation in organizations across Asia-Pacific and Europe, the Middle East, Africa regions. Alteryx and PwC formed the alliance in February 2020. The partnership has now expanded to countries across the Americas, APAC and EMEA regions, including: Canada, Australia, Singapore, New Zealand, Japan, Korea, the United Kingdom, Slovakia and South Africa, with more to come in the future.
NUVCF

Hot Stocks

09:17 EDT Nuvei adopts Alipay+ Solution - Nuvei Corporation and Alipay announced a partnership that will connect Nuvei's merchants with over 1.2 billion potential customers in the Asia Pacific region through the Alipay+ cross-border payment and merchant marketing solution. This includes access to a network of Asia's leading local e-wallets.
VRSK DCT

Hot Stocks

09:17 EDT Verisk Analytics, Duck Creek Technologies announce enhanced integration - Verisk (VRSK) announced its claims management solution, XactAnalysis, now has a prebuilt integration with the Duck Creek (DCT) Platform, enabling insurers to simplify and streamline claims workflows. The Duck Creek Platform now connects with XactAnalysis out of the box through Duck Creek's Content Exchange, the company's online marketplace for add-ons and services that enhance insurers' digital ecosystems. XactAnalysis is a powerful full-cycle claims system provided by Xactware, a Verisk business. This accelerated integration allows insurers to seamlessly transmit claims data between the Duck Creek Platform and XactAnalysis, saving time and eliminating the need to enter the same information into multiple claims systems.
HPP BX

Hot Stocks

09:16 EDT Hudson Pacific and Blackstone to develop LA studio facility - Hudson Pacific (HPP) unveiled plans to develop a fully entitled, state-of-the-art, purpose-built studio facility in Sun Valley, California. Sunset Glenoaks Studios will be the first large-scale, purpose-built studio in the Los Angeles area in over 20 years. The facility will be known as Sunset Glenoaks Studios, making it part of the Sunset Studios brand family, which includes three existing studios in Hollywood-Sunset Gower Studios, Sunset Bronson Studios and Sunset Las Palmas Studios-also jointly owned by Hudson Pacific and funds managed by Blackstone (BX). Sunset Glenoaks Studios, which will represent a total investment of approximately $170-190 million, is expected to be completed in the third quarter of 2023. Upon the completion of Sunset Glenoaks, the joint venture will collectively own and operate under its Sunset Studios platform 42 stages or 3.5 million square feet, including development rights, of Los Angeles area studio facilities. The partnership is also actively pursuing further expansion opportunities in Los Angeles, New York, London and Vancouver.
YVR

Hot Stocks

09:15 EDT Liquid Media is pursuing more acquisitions, CEO says - Ronald Thomson, CEO of Liquid Media Group, discussed the company's "aggressive acquisition goals and how its partnership with dotstudioPRO opens the distribution door to more than 815M viewers worldwide via over-the-top media platforms like Amazon Prime, Roku, Tubi and more," the company said. Liquid "is eyeing roughly 20 acquisition targets, with its first three deals recently announced and two more 'in very advanced stages,'" Thomson said. "To date, Liquid Media has companies with up to 10M in revenue, though would look at larger deals," Thomson told Mergermarket. "We can partner joint venture with companies, and that's often a very efficient way of doing things," Thomson told indiefilmTO. "Some of these core competencies we would like to...utilize by owning in-house...We've announced our first three acquisitions. They all sit in our fourth stage, which is the monetization stage...We have several others that we are in the process of negotiating and hopefully coming close to announcing some new ones soon."
FTNT

Hot Stocks

09:15 EDT Fortinet announces FortiGate 3500F Next-Generation Firewall - Fortinetannounced the FortiGate 3500F Next-Generation Firewall to protect organizations with hybrid data centers against the ever-growing threat landscape and ransomware attacks. FortiGate 3500F offers some of the industry's highest performance numbers, including TLS1.3, with automated threat protection post decryption. Additionally, FortiGate 3500F is built with zero trust network access (ZTNA) capabilities, further delivering consistent security and seamless user experience to any user at any location with its security-driven networking approach.
TRUE

Hot Stocks

09:14 EDT TrueCar expects decreasing vehicle sales in July vs. June - TrueCar forecasts total new vehicle sales will reach 1,292,064 units in July 2021, up just 1% from a year ago but down 8% vs. June 2021, when adjusted for the same number of selling days. This month's seasonally adjusted annualized rate for total light vehicle sales is an estimated 14.7 million, staying on par with July 2020. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 1,171,277 units, about even with a year ago and a decrease of 7% from June 2021. Fleet sales for July 2021 are expected to be up 16% from a year ago and down 14% from June 2021 when adjusted for the same number of selling days. Incentive spend is down 36% from last year. Average transaction price is projected to be up 5% from a year ago and up .2% from June 2021. Used vehicle sales for July 2021 are expected to reach 3.7 million, down 4% from a year ago and about even with June 2021. The average interest rate on new vehicles is 4.5% and the average interest rate on used vehicles is 7.5%. The average loan term on a new vehicle for July 2021 is 70 months and the average loan term on a used vehicle is 69 months.
SUMO

Hot Stocks

09:14 EDT Sumo Logic announces new capabilities for Observability solution - Sumo Logic announced new capabilities that augment analytics-powered use cases and capture end user experience as part of its Observability solution. As the requirements for modern application Observability push past the limits of traditional, siloed APM, monitoring and logging tools, Sumo Logic is continuously investing to address the evolving needs of customers. Today's announcement includes Real User Monitoring and Span Analytics, capabilities designed to help DevOps/SRE teams identify and resolve customer-impacting issues faster, reduce application downtime and optimize application performance.
FMBH

Hot Stocks

09:11 EDT First Mid-Illinois acquires Delta Bancshares, loan and deposit portfolio - First Mid Bancshares announced today that it has entered into two separate definitive agreements under which the Company will acquire Delta Bancshares Company and also a loan and deposit portfolio, along with the relationship team, in the St. Louis market. Delta is the parent company of Jefferson Bank and Trust and is headquartered in St. Louis, Missouri, operating five branches throughout the metro area. As of June 30, 2021, Delta had approximately $697 million in total assets, $484 million in loans and $546 million in deposits. Delta is a private company with a 129-year history of providing financial services to the St. Louis market. Under the terms of the agreement with Delta, its shareholders and option holders will receive an aggregate of approximately $15.2 million in cash and 2,282,512 shares of FMBH stock. Delta's outstanding stock options will be fully vested upon consummation of the merger, and all outstanding Delta options that are unexercised prior to the closing will be cashed out. Based on First Mid's price per share at the closing on July 28, 2021 of $39.90, the aggregate consideration to be paid by First Mid is approximately $106.3 million, subject to certain conditions and adjustments. In addition, the Company entered into an agreement to acquire approximately $225 million in loans and $280 million in deposits from a separate financial institution in the St. Louis market. The acquisition will include four commercial lenders who have the primary relationships with the acquired customers and two support personnel. On a combined basis, the two transactions are estimated to be approximately 14% accretive to earnings per share in 2022. Estimated tangible book value per share dilution to First Mid is expected to be earned back in 1.8 years under the crossover method. The Company expects to achieve cost savings of 30% of the combined noninterest expense. While revenue synergies are anticipated, they have not been included in the estimates. Upon closing of the transactions, the Company expects to remain above well-capitalized standards on all regulatory capital ratios with a Tier 1 Leverage Ratio of approximately 8.8%, a Total Risk-Based Capital Ratio of approximately 13.0% and a Tangible Common Equity Ratio of approximately 8.4%. The transaction with Delta has been unanimously approved by both Delta's and First Mid's board of directors and is expected to close in the fourth quarter of 2021, subject to regulatory approvals and the satisfaction of customary closing conditions. The loan and deposit acquisition requires regulatory approval for the assumption of the deposits. This transaction is expected to close in September, 2021.
MDT

Hot Stocks

09:11 EDT Medtronic's Hugo robot-assisted surgery system used in gynecological procedure - Medtronic announced the first gynecological procedures with the Hugo robotic-assisted surgery system. The six cases included hysterectomies and myomectomies in Panama City, Panama. Pacifica Salud is the latest institution to join Medtronic's Partners in Possibility Program, a group of hospitals that will be among the first in the world to use the Hugo RAS system. Earlier this month, the hospital announced its first five urological cases with the Hugo RAS system.
GOOG...

Hot Stocks

09:08 EDT Google Cloud, SAP announce expanded strategic partnership - Google Cloud (GOOG, GOOGL) and SAP (SAP) announced an expanded strategic partnership to help customers execute business transformations, migrate critical business systems to the cloud, and augment existing business systems with Google Cloud capabilities in artificial intelligence and machine learning. Under this expanded partnership, Google Cloud will be a strategic cloud partner for the RISE with SAP offering. The two companies will partner to accelerate customers' cloud migrations and business process migrations. In addition, customers can benefit from the planned global availability of multiple SAP services and products on Google Cloud's reliable, scalable cloud infrastructure and high-speed network, including the SAP Analytics Cloud and SAP Data Warehouse Cloud solutions within SAP Business Technology Platform.
RCI

Hot Stocks

09:08 EDT Rogers Communications to bring fibre-powered network to Quinte region - Rogers is proud to be taking the next step in closing the digital divide by expanding its network to the communities of Quinte West, Belleville and Prince Edward County. As part of its $140 million investment, Rogers will expand its fibre network delivering fibre-to-the home technology, servicing more than 20,000 homes and businesses in Quinte West, Belleville and Prince Edward County. Once completed, residents and business owners will have access to the full suite of services including Rogers Ignite Internet with download speeds of up to 1.5 gigabit per second and Rogers' leading IPTV service, Ignite TV.
CMTL

Hot Stocks

09:07 EDT Comtech awarded contract to develop tracking ground stationComtech - Comtech Telecommunications announced that during its fourth quarter of fiscal year 2021, it was awarded a multi-million dollar contract from an overseas agency for development of a large transportable launch tracking ground station. "We are pleased that our long-term customer continues to rely on Comtech for yet another ground station development contract," said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. The contract was awarded to Comtech's Space and Component Technology ("SCT") division, which specializes in providing ground station services in the form of turnkey site development, infrastructure, operations and maintenance of several range tracking stations in the South Pacific. Using the concepts of product families and platform-based product development to increase variety, shorten lead-times and reduce costs without compromising system performance, SCT provides turnkey ground station solutions for both launch vehicle and satellite tracking. SCT also supplies high reliability microelectronics as well as the most extensive line of LEO/MEO X/Y tracking antennas in the industry.
EDIT

Hot Stocks

09:07 EDT Editas Medicine, IDT announce publication in Nature Communications - Editas Medicine and Integrated DNA Technologies announced the publication of research data demonstrating the advantages of Alt-R A.s. Cas12a Ultra, an engineered AsCas12a nuclease variant, as a tool to eventually enable the development of gene-edited cell medicines. The findings were published in the journal Nature Communications. The published results detail a directed evolution in bacteria to identify a highly active AsCas12a mutant, Alt-R A.s. Cas12a Ultra, and demonstrate the variant's superior on-target editing efficacy compared to Cas9 and AsCas12a. The paper summarizes several experiments of Alt-R A.s. Cas12a Ultra that demonstrated dramatically elevated knock-out and knock-in efficiency in both cancer cell lines and in human primary cells such as hematopoietic stem and progenitor cells, induced pluripotent stem cells, T cells, and natural killer cells. Overall, the results support further research for the use of Alt-R A.s. Cas12a Ultra as an advanced CRISPR nuclease with significant potential future applications.
VNO

Hot Stocks

09:06 EDT Wegmans announces plan to open Manhattan store in 2023 - "Wegmans Food Markets is bringing its unmatched customer service, restaurant foods, one-stop shopping, and consistent low prices to Manhattan with the announcement of its second NYC location," Wegmans and Vornado Realty Trust said today. The Manhattan Wegmans, scheduled to open in the second half of 2023, will be located at Vornado's 770 Broadway, the former site of the Astor Place Kmart. Under the terms of the 30-year lease, Wegmans will occupy space on both the street and lower levels of 770 Broadway for a total of roughly 82,000 square feet. The building is located in the heart of Greenwich Village, at the nexus of downtown residential, retail and office locations, and occupies a full city block between 8th and 9th Streets and Broadway and Fourth Avenue. A 1.2-million-square-foot landmarked building, 770 Broadway is the historic Wanamaker's department store that Vornado transformed into one of Manhattan's premier office and creative hubs catering to some of the world's best-known technology and media leaders.
MFIN

Hot Stocks

09:04 EDT Medallion Financial appoints Robert Meyer to board of directors - Medallion Financial announced that its Board of Directors has appointed Robert Meyer as an independent director, effective immediately. Mr. Meyer's appointment expands the Board to eight members, five of which are independent directors. Mr. Meyer will be a member of the Company's Audit Committee, Compensation Committee, and Nominating and Governance Committee. Mr. Meyer has had a 47-year career in banking. Most recently, he served as Executive Vice President and Chief Commercial Lending Officer at Valley National Bancorp from 1997 until his retirement in 2016.
GSM

Hot Stocks

09:03 EDT GSM welcomes news on U.S. ITC vote on Malaysian imports - Globe Specialty Metals, a subsidiary of Ferroglobe, and Mississippi Silicon representing the majority of American silicon metal production, welcomed news on July 28th, that the U.S. International Trade Commission's final 5-0 vote confirming that silicon metal imports from Malaysia have materially injured the U.S. industry. Following today's decision, the U.S. Department of Commerce will issue a formal antidumping duty order covering all imports from Malaysia for at least five years. On June 30, 2020, GSM and MS filed petitions to stop silicon metal producers in Bosnia and Herzegovina, Iceland, Malaysia and Kazakhstan from selling dumped and unfairly subsidized silicon metal imports into the United States. On January 27, 2021, the DOC announced preliminary duties of 7.41% on all imports of silicon metal from Malaysia. Today's vote finalizes the last of the four cases; formal antidumping/countervailing duty orders covering imports from Bosnia and Herzegovina, Iceland, and Kazakhstan being issued earlier this year.
DRNA

Hot Stocks

08:59 EDT Dicerna receives FDA Clearance for DCR-AUD - Dicerna announced the FDA clearance of its investigational new drug, or IND, application for DCR-AUD, the company's investigational RNAi candidate for the treatment of alcohol use disorder, or AUD.
PAA

Hot Stocks

08:58 EDT Plains All American announces release of 2020 sustainability report - Plains All American announced the release of its 2020 Sustainability Report. "Sustainability performance highlights detailed in our 2020 report include: Scope 1 and Scope 2 greenhouse gas emissions disclosure, which have been reduced by approximately 20% since 2018; formation of a Health, Safety, Environmental and Sustainability Board Committee to provide oversight of our sustainability work and reporting; closing 2020 with our best safety and environmental performance to date, including significant improvements over the past three years to several key metrics like our Total Recordable Injury Rate, Lost Time Injury Rate, and Federally Reportable Releases; disclosure of sustainability data in alignment with the Energy Infrastructure Council's Midstream ESG Reporting Template and in consideration of the Sustainability Accounting Standards Board standard for Oil and Gas - Midstream, as well as the Global Reporting Initiative standards; continued expansion and refinement of our philanthropy and volunteerism efforts in communities where we operate," the company said.
BEVFF

Hot Stocks

08:58 EDT Diversified Royalty announces preliminary Q2 results for royalty partners - Mr. Lube generated same-store-sales-growth of 21.8% for the Mr. Lube stores in the royalty pool for Q2 2021, an improvement compared to SSSG of -12.5% for the three months ended June 30, 2020. Mr. Lube generated SSSG of 13.2% for the six months ended June 30, 2021 compared to SSSG of -10.0% for the six months ended June 30, 2020. Mr. Lube's SSSG for the three and six months ended June 30, 2020 were more significantly negatively impacted by the COVID-19 pandemic, and the ensuing restrictions and lockdown measures implemented by various levels of government than in the current period. As provinces relax the restrictions put in place to fight the COVID-19 pandemic and Canadians drive more, Mr. Lube is experiencing favorable trends in its business. DIV expects to report that royalty income of $1.6 million was generated from the AIR MILES licenses in Q2 2021, an increase of $0.1 million compared to Q2 2020. For the six months ended June 30, 2021, DIV expects to report royalty income of $3.1 million, a decrease of $0.2 million compared to the six months ended June 30, 2020. DIV's royalty payment is derived from several AIR MILES metrics, with AIR MILES reward miles issued being the primary metric, and other metrics including AIR MILES reward miles redeemed, service revenue, commissions and promotional items, all of which affect quarterly variability. DIV expects to report royalty income and management fees of $1.0 million were generated from Sutton Group Realty Servicesin Q2 2021, compared to $0.5 million in Q2 2020. DIV waived 50% of Sutton's March 2020 royalty and management fees and 75% of Sutton's April and May 2020 royalty and management fees in connection with the dramatic slow-down of residential real estate activity that occurred following the initial onset of the COVID-19 pandemic, and the related impact on Sutton's business. The Canadian residential real estate market has experienced a strong recovery following a period of low transactional activity in April and May 2020. DIV expects to report that royalty income and management fees of $0.9 million were generated from Oxford Learning Centres in Q2 2021, compared to $0.7 million in Q2 2020. The majority of Mr. Mikes Restaurants Corporation restaurants were open for in-restaurant dining at a reduced capacity in mid-June 2021. Overall, SSSG in Q2 2021 for the Mr. Mikes restaurants in the royalty pool, including stores that were temporarily closed due to the COVID-19 pandemic was 77% compared to Q2 2020 and -50% compared to Q2 2019. SSSG for the six months ended June 30, 2021 for the Mr. Mikes restaurants in the royalty pool was flat compared to the six months ended June 30, 2020 and -43% compared to the six months ended June 30, 2019. Mr. Mikes restaurants were closed for in-restaurant dining for most of Q2 2020, which negatively impacted Mr. Mikes' system sales in that quarter.DIV expects to report that the royalty entitlement to DIV from Nurse Next Door Professional Homecare Services was $1.2 million in Q2 2021. The DIV Royalty Entitlement from Nurse Next Door grows at a fixed rate of 2.0% per annum during the term of the license, with the most recent increase effective October 1, 2020.
YUM

Hot Stocks

08:57 EDT Yum! Brands raises FY21 unit growth view to 4%-5% from 4% - Sees FY21 SG&A expenses $1B. Sees FY21 interest expense $500M. Says might come in over the previously announced $250M gross capital expenditure estimate. Comments and guidance taken from Q2 earnings conference call.
SJI

Hot Stocks

08:56 EDT South Jersey Industries President Robbins to retire, Orsen to succeed - SJI announced key promotions to the executive leadership teams to ensure continued growth across the business. The following promotions and organizational changes are part of SJI's executive succession plan. Dave Robbins, President of SJI Utilities, will retire at the end of 2021 after nearly three decades of service to SJI. Robbins will resign from his position at SJI Utilities, effective August 1, 2021, but will remain a Senior Vice President at SJI through the remainder of 2021 ensuring a seamless transition. Melissa Orsen, SVP of SJI and President and COO of South Jersey Gas Company, will succeed Robbins as President of SJI Utilities. Brent Schomber will succeed Melissa as President and Chief Operations Officer of South Jersey Gas Company. Schomber will provide leadership and oversight of all day-to-day operations at the utility and will report to Orsen. Leonard Brinson Jr., Chief Information Officer, SJI, and Eric Stein, General Counsel, SJI, have both been promoted to Senior Vice Presidents and will continue to drive strategy as members of the Senior Leadership Team.
BEVFF

Hot Stocks

08:55 EDT Diversified Royalty raises monthly dividend 5% to 1.75c per sahre - DIV's royalty partners are experiencing positive trends, driven primarily by the relaxing of COVID-19 restrictions across Canada. As a result, the Board of Directors of the Corporation has approved an increase to the monthly dividend from $0.01667 per share per month to $0.0175 per share per month effective August 2021. On March 31, 2020, DIV reduced its annual dividend by 15% from $0.235 per share to $0.20 per share due to the impacts of COVID-19 on DIV and its Royalty Partners. As a result of the reduced dividend and improvements in the performance of DIV's royalties, DIV's average payout ratio in Q3 2020, Q4 2020 and Q1 2021 was approximately 95%, while DIV's Q2 2021 payout ratio is expected to be approximately 90%. In addition, on May 1, 2021, DIV completed the purchase of incremental royalties from its largest royalty partner, Mr. Lube Canada Limited Partnership through the addition of 13 new stores to the Mr. Lube Royalty pool and an incremental 0.5% increase to the royalty rate paid by Mr. Lube on non-tire sales, which transactions are expected to increase distributable cash by approximately $0.01 per share and further reduce DIV's payout ratio.
AQB

Hot Stocks

08:54 EDT AquaBounty technologies announces Pioneer, Ohio as location for salmon farm - AquaBounty Technologies announced that it has identified Pioneer, Ohio as the location for its planned large-scale farm for the company's proprietary genetically engineered salmon. The new farm will be AquaBounty's first large-scale commercial facility, with a planned annual production capacity of 10,000 metric tons - approximately eight times the size of its farm in Albany, Indiana, which has an annual production capacity of 1,200 metric tons. The Company is finalizing the design for the estimated 479,000 square foot facility and expects to invest over $200M in the project. Construction is slated to begin in late 2021 and the Company anticipates commercial stocking of salmon to commence in 2023. Once in operation, the farm is expected to bring over 100 new jobs to the region.
VYST

Hot Stocks

08:52 EDT Vytex announces innovations in dry latex, tires and sustainability - Vystar Director, Ranjit K. Matthan announced key developments in Vytex Deproteinized Natural Rubber for automotive tires, food and medical grade products and improvements in sustainability during his opening plenary session of The 2021 International Latex Conference. Corrie MacColl Latex Director John Heath joined Dr. Matthan to discuss major progress on sustainability initiatives in natural rubber latex production. The session, titled "Innovations and Sustainability in Natural Rubber Latex - The New Paradigm," is available on demand for conference registrants at the ILC website. Co-Authors of the presentation are William Doyle - Vytex Product Development Consultant for Vystar Corp., and Joseph John - Director, Polymer Consultancy Services Ltd. The Vytex process on natural rubber liquid produces a purer, higher hydrocarbon content with a lower non-rubber solids base material. A key advantage is that Vytex can be modified further without interference from the NRS. Tire Enhancements - Research conducted in partnership with the Indian Rubber Manufacturers Research Association and automotive tire companies has resumed after the pandemic shutdown and has shown that Vytex DPNR offers improved low rolling resistanceand better wet grip. Additionally, initial tests blending natural rubber with newer silica tire formulations are showing potential for improved vehicle fuel efficiency. Further trials are underway. Food and Medical Grade Vytex Formulations - Vytex DPNR formulations have proven to be below the standard levels of detection for various allergenic proteins found in raw latex. This would qualify Vytex DPNR as safe for use for a wide variety of food packaging and medical grade applications - beyond condoms and surgical gloves for which it was previously approved. Tests in IRMRA laboratories showed zero ammonia and formic acid, and only residual natural phosphates present in the final product. Bioelastoplastic Materials - Vystar is focusing a portion of its R&D on these five core grades, which are on a Vytex deproteinized base: Bioelastoplastic material through deliberate modification to viscoelastic behavior; Naturally occurring modifications; Epoxidized rubber; Hydrogenated rubber; Grafted rubber; PVC packaging film, which replaced NR Pliofilm, is not biodegradable, and is carcinogenic due to the vinyl chloride monomer. Vystar has progressed in developing DPNR hydrochlorinated pliofilms as a sustainable alternative to PVC films. Vystar is also examining the viability of certain types of ThermoPlastic Natural Rubbers as a sustainable biodegradable alternative for thermoplastic blocks commonly used for LEGO and other plastic construction toys.
GBOX

Hot Stocks

08:52 EDT GreenBox chairman says Coyni 'best structured as a spinoff company' - GreenBox issued a letter to shareholders from the company's Chairman, Ben Errez. Ben Errez wrote, "As part of our long-term strategy to unlock shareholder value, we have explored a number of strategic options and currently believe that Coyni is best structured as a spinoff company. We are continuing, however, to evaluate different strategies and alternatives. The assets of the SpinCo are expected at this time to include the smart contract token technology, Coyni branding, and associated revenue, although we will continue to evaluate and assess other possible strategies. We believe the SpinCo strategy is advantageous to GreenBox and its shareholders in several ways. First, both GreenBox and the SpinCo may be valued as pure-play financial technology and financial services companies, respectively. Second, it allows for the SpinCo, and its new management team, to focus wholly and entirely on growing and enriching the Coyni business model, positioning it as a focused competitor with clear differentiated technology advantages relative to traditional payment systems. Third, it allows both GreenBox and the SpinCo to potentially maximize the utility of their respective capital structures, without diluting either investment thesis... For these reasons, we announced our intent to implement a special dividend series to reward long-term, loyal shareholders of GreenBox... We hope this summary provides additional clarity to our corporate vision and objectives on how we are building GreenBox to be, we believe, the newest, most agile, and robust payment software technology to compete in the digital payment space."
GBOX

Hot Stocks

08:52 EDT GreenBox issued letter to shareholders on FY21 guidance, acquisitions, Coyni - GreenBox issued a letter to shareholders from the company's Chairman, Ben Errez. Ben Errez wrote, "It has been a productive year for GreenBox POS thus far and we are grateful for your ongoing support. We continue to make great strides in advancing our blockchain ledger-based payment solutions and more recently, the deployment of our new smart contract technology, branded as Coyni... Our core business remains on track with previous estimates of approximately $1.65B in transaction volume for FY2021, which is projected to drive an estimated $58M FY2021 in gross revenues.... Current volume and revenue guidance is due to expected increased volume and revenues from the scalability achieved with our Generation 3 launch, the growing agent network being cultivated by the GreenBox team, and in large part, strategic acquisitions... Most recently, we announced we entered into a binding MOU for the acquisition of Transact Europe, for which we expect regulatory approval in approximately 60 days. This strategic acquisition, if completed, is expected to allow an aggressive expansion into the European market by leveraging Transact Europe's principal level membership of Visa, worldwide membership of Mastercard, and as a principal member of China UnionPay... We are most excited about our smart-contract US dollar denominated token technology, recently branded as Coyni... We anticipate that the combination of our payment acquiring division with Coyni will help solve two very important problems for global or multinational companies: the first is accurate and centralized monthly reporting; and the second is access to the underlying capital, quickly, in the parent company location. We expect Coyni to be a major growth driver for the company, and ultimately function in a similar fashion to financial transaction leaders like Circle with its USDC, and PayPal with Venmo."
JYNT

Hot Stocks

08:51 EDT Joint Corp. selected by Army & Air Force Exchange Service for chiropractic care - Joint Corp. has reached an agreement with the Army & Air Force Exchange Service to provide on-installation chiropractic care to members of the military and their families. The initial target sites include Luke Air Force Base in Phoenix, Ariz., MacDill Air Force base in Tampa, Fla. and Joint Base McGuire-Dix-Lakehurst in Trenton, New Jersey. The Exchange operates more than 4,900 facilities in more than 30 countries, 50 states, four U.S. territories and the District of Columbia and serves an eligible customer base of 33 million active-duty and retired service members and their families.
ANVS

Hot Stocks

08:50 EDT Annovis Bio plunges after presenting data on ANVS401 at Alzheimer's conference - Shares of Annovis Bio are down $61.07, or 56%, to $48.37 in pre-market trading after the company presented new clinical efficacy and biomarker data of its drug ANVS401 during a panel presentation on July 28, 2021, as part of the Alzheimer's Association International Conference, or "AAIC." In slides for the presentation, Annovis stated: "We have finished treating the additional 40 PD patients and are expecting to complete all the biomarkers of the toxic cascade in the next two months. The reversal of the toxic cascade confirms and cements the data seen to date. Showing efficacy in AD and in PD patients by two different tests each and showing that the efficacy spans all areas of the ADAS-Cog and the UPDRS strengthens our conclusion that Posiphen is effective in both patient populations." Reference Link
CCDBF

Hot Stocks

08:49 EDT CCL Industries announces bolt-on acquisition for Checkpoint - CCL Industries announced it has acquired the privately owned Uniter Group of companies. Founded 25 years ago in A Coruna, Spain, Uniter consists of five apparel label factories located in Spain, Portugal, Morocco, Turkey and China. Estimated results for calendar year 2021 are sales of $37.5 million with an adjusted EBITDA of $8.75 million. The purchase price, net of cash and debt, is approximately $53.7 million, subject to customary closing adjustments. The five Uniter factories will become part of the Checkpoint Apparel Labeling Solutions business.
SRDX

Hot Stocks

08:49 EDT Surmodics announces first patient treated with Pounce Thrombectomy System - Surmodics announced that J. Michael Bacharach, MD, vascular interventionalist/cardiologist at North Central Heart, a division of Avera Heart Hospital in Sioux Falls, South Dakota, successfully treated the first patient with the company's Pounce Thrombectomy System. The procedure, completed last month, involved a patient presenting with increasing pain in the left leg and was diagnosed with an occluded superficial femoral artery . Three passes of the Pounce device removed 30 cm of subacute thrombus and blood flow was successfully restored. Eight additional cases have since been performed in the U.S., with positive outcomes reported following each procedure. "Despite the challenge presented by this particular case, I couldn't have asked for anything more. The device's performance was really amazing," said Dr. Bacharach. "I was able to safely and effectively achieve a positive outcome for this patient with minimal blood loss and without the use of thrombolytics. I'm very excited about the results of this case. I'm a believer in the Pounce system!" The Pounce Thrombectomy System, which received U.S. Food & Drug Administration (FDA) 510k clearance in Sept. 2020, is a mechanical thrombectomy device intended for the non-surgical removal of thrombi and emboli from the peripheral arterial vasculature. Depending on the age and magnitude of the occlusion and the viability of the threatened limb, existing treatments for this condition may include catheter directed thrombolysis, surgical embolectomy, and/or percutaneous mechanical thrombectomy. In cases in which the occlusion has caused irreversible damage to the limb, acute limb ischemia can result in the amputation of a lower extremity.
AMZN TTE

Hot Stocks

08:48 EDT TotalEnergies, Amazon announce strategic collaboration agreement - TotalEnergies (TTE) announced a strategic collaboration with Amazon (AMZN) through which TotalEnergies will contribute to Amazon's commitment to power its operations with 100% renewable energy, while Amazon will help TotalEnergies accelerate its digital transformation. TotalEnergies and Amazon have signed power purchase agreements for a commitment of 474 MW of renewable capacity in the US and Europe, and expect to expand their cooperation in the Middle East and Asia Pacific. With Amazon Web Services as a key cloud provider, TotalEnergies will accelerate its move to the cloud, boosting its IT transformation, the digitization of its operations and its digital innovation, the companies said.
TAK

Hot Stocks

08:47 EDT Takeda, Frazier in pact to launch HilleVax, a company to commercialize HIL-214 - Takeda Pharmaceutical and Frazier Healthcare Partners and Frazier announced a collaboration to launch HilleVax, a biopharmaceutical company to develop and commercialize Takeda's norovirus vaccine candidate. Takeda has granted a license to HilleVax for the exclusive development and commercialization rights to its norovirus vaccine candidate, HIL-214 worldwide outside of Japan, in exchange for upfront consideration, as well as future cash milestones and royalties on net sales. Takeda will retain commercialization rights in Japan and HilleVax will integrate certain Japan development activities into its global development. Takeda remains committed to vaccines, and this collaboration allows Takeda to focus its global resources on dengue, COVID-19, pandemic influenza and Zika, in addition to the vaccines it currently distributes in Japan. HIL-214, which is a virus-like particle ( based vaccine candidate, completed a randomized, placebo-controlled Phase 2b field efficacy study in 4,712 adult subjects in which HIL-214 was well-tolerated and demonstrated clinical proof of concept in preventing moderate-to-severe cases of acute gastroenteritis from norovirus infection.1 To date, the candidate has been studied in nine human clinical trials with safety data from over 4,500 subjects and immunogenicity data from over 2,000 subjects. "Takeda and Frazier have a history of successfully partnering together, and we are confident in HilleVax's capabilities to progress HIL-214, the most advanced norovirus vaccine candidate in development with the potential to address the huge global burden of norovirus-associated acute gastroenteritis," said Rajeev Venkayya, M.D., President of the Global Vaccine Business Unit, Takeda. "This will allow Takeda to focus its efforts and resources on our dengue vaccine, which we have begun filing for licensure around the world, our pandemic programs, and our partnership with the US Government to develop a Zika vaccine."
CLCN

Hot Stocks

08:44 EDT Creative Learning's Bricks 4 Kids signed master franchise agreement in India - Creative Learning Corporation, the parent company of the STEAM-based educational franchise Bricks 4 Kidz, announces the brand's expansion into India. Bricks 4 Kidz has signed a master franchise agreement with FranGlobal to expand its market presence in India. FranGlobal will be opening new franchise opportunities with plans to expand by more than 50 locations and growing the brand's presence and influence in the region. Christopher Rego, the CEO of Creative Learning Corporation stated, "Bricks 4 Kidz is thrilled to partner with FranGlobal. Their experience and expertise will be invaluable as we continue to build a world-class innovative STEAM enrichment program. Our expansion in India comes at a time when parents are encouraging their kids to learn STEAM skills that are required for a successful future. Our goal is to make sure every child has access to the quality STEAM education they deserve."
HBAN

Hot Stocks

08:44 EDT Huntington Bancshares sees NIM 'in the 290s' for Q3
HBAN

Hot Stocks

08:43 EDT Huntington Bancshares expects Q2 to be low point for NIM for the year - Comments taken from Q2 earnings conference call.
ALNY

Hot Stocks

08:42 EDT Alnylam announces topline results from ILLUMINATE-C trial - Alnylam announced topline results from the ILLUMINATE-C Phase 3 open-label study of lumasiran in patients of all ages with advanced primary hyperoxaluria type 1, or PH1, associated with progressive decline in renal function. Lumasiran is an RNAi therapeutic targeting hydroxyacid oxidase 1, or HAO1, - the gene encoding glycolate oxidase, or GO, - that is being investigated for the treatment of adult and pediatric patients with advanced PH1. Results of the primary analysis at six months demonstrated substantial reduction in plasma oxalate from baseline in patients with advanced disease, including those on hemodialysis. Elevated plasma oxalate is directly related to the pathophysiology of oxalosis and results in systemic deposition of oxalate in extra-renal tissues, potentially leading to bone fractures, cardiomyopathy, impaired erythropoiesis, vision loss, skin ulcers, and other serious manifestations1. The safety and tolerability profile of lumasiran following six months of treatment is encouraging across all ages, with no drug related serious adverse events, or SAEs, and injection site reactions, or ISRs, as the most common adverse event, or AE. ILLUMINATE-C is a single arm, open-label, multinational Phase 3 study evaluating the safety and efficacy of lumasiran in PH1 patients of all ages with severe renal impairment, and conducted at 13 study sites across 10 countries around the world. Cohort A enrolled six patients with advanced PH1 who do not yet require dialysis, and Cohort B enrolled 15 patients who are hemodialysis-dependent. The dosing regimen is based on weight with three monthly starting doses followed by ongoing monthly or quarterly doses. The primary efficacy endpoint for Cohort A was the percent change in plasma oxalate from baseline to month six, and the primary endpoint for Cohort B was the percent change in pre-dialysis plasma oxalate from baseline to month six. Key secondary endpoints are designed to evaluate additional measures of plasma oxalate and changes in urinary oxalate. Renal function, frequency and mode of dialysis, frequency of renal stone events, and measures of systemic oxalosis, including clinical manifestations, will also be evaluated in the extension period of the study. At six months, treatment with lumasiran resulted in a substantial reduction in plasma oxalate from baseline in both dialysis-independent and -dependent patients. Lumasiran also demonstrated results across key secondary endpoints, including measures of urinary oxalate and additional measures of plasma oxalate. There were no deaths and no drug related SAEs among enrolled patients. There were two treatment discontinuations due to adverse events in the extension period of the study, neither of which was drug related. The most common drug related AEs were ISRs reported in five patients, all of which were mild. Based on these results, the company plans to submit a supplemental new drug application, or sNDA, for lumasiran with the FDA and a Type II Variation with the European Medicines Agency, or EMA, in late 2021. In November 2020, lumasiran was approved by the FDA for the treatment of PH1 to lower urinary oxalate levels in pediatric and adult patients and by the EMA for the treatment of PH1 in all age groups. Lumasiran is marketed in the U.S. and EU as Oxlumo. ILLUMINATE-C topline results will be discussed during Alnylam's Q2 earnings conference call on August 3.
VZ

Hot Stocks

08:42 EDT Verizon announces appointments of Tony Wells, Jennifer Gardner - Verizon announced the appointment of Tony Wells as Senior Vice President, Chief Media Officer and Jennifer Gardner as Vice President, Media Platforms. Wells will be responsible for enterprise media across all business units, platforms and channels; managing the enterprise centers of excellence for sponsorships, experiential and digital marketing; and leading relationships and partnerships for sports and entertainment marketing and sponsorships across Verizon. He will join Verizon in September and report to Chief Marketing Officer, Diego Scotti. Wells succeeds John Nitti who held the role of Chief Media Officer for over 5 years and was recently promoted to Senior Vice President of New Business & Partner Development leading Verizon's major enterprise wide partnerships for the company. Jennifer Gardner has been appointed to the newly created role of Vice President, Media Platforms. Gardner will oversee media strategy, planning, buying and activation across Verizon. Gardner comes to Verizon from Unilever where she managed customer-centric media plans. She will join Verizon in August and report into Wells.
CACI

Hot Stocks

08:41 EDT CACI gets nine-year single-award contract worth potentially $496M from U.S. AFSC - CACI International has been awarded a nine-year single-award indefinite delivery, indefinite quantity contract worth potentially $496M by the U.S. Air Force Sustainment Center, AFSC, to expand its support of the Ogden Air Logistics Complex's mission. John Mengucci, CACI President and Chief Executive Officer, said, "Automated testing and modernization of legacy test systems is a complex challenge. We are proud to bring our highly-skilled workforce and mission technology to expand our partnership with the U.S. Air Force to ensure their critical systems are resilient and ready for the connected battlespace of today and tomorrow." The Air Force Automated Test System Sustainment Initiative II contract advances CACI's automated test system support to more complex component, sub-system and system testing in support of critical Air Force missions. Under the contract, CACI program engineers and software developers will develop and execute critical test automations that ensure operational safety, suitability, and effectiveness of multiple Air Force weapon systems and sub-systems. In addition, CACI's software methodologies, robust industrial process controls and quality systems advance the OO-ALC mission
FNWD

Hot Stocks

08:40 EDT Finward Bancorp, Royal Financial sign definitive merger agreement - Finward Bancorp announced they have executed a definitive merger agreement pursuant to which FNWD will acquire RYFL and its wholly-owned subsidiary, Royal Savings Bank, of Chicago, Illinois, in a stock and cash transaction. A copy of the definitive agreement is available as Exhibit 2.1 to the Form 8-K filed by FNWD today with the Securities Exchange Commission at the SEC's internet site. Under the terms of the merger agreement, stockholders of RYFL who hold 101 or more shares of RYFL common stock will have the right to elect to receive $20.14 per share in cash or 0.4609 shares of FNWD common stock, or a combination of both, for each outstanding share of RYFL common stock, subject to allocation provisions to assure that, in the aggregate, 65% of RYFL's outstanding shares of common stock will receive FNWD common stock and 35% will receive cash. Stockholders of RYFL holding less than 101 shares of RYFL common stock will have the right to receive $20.14 in cash and no stock consideration for each share of RYFL common stock. Based on FNWD's closing stock price of $44.00 as of July 28, 2021, the merger consideration has an aggregate value of approximately $52.9 million, which represents approximately 115% of RYFL's tangible book value, and which includes approximately $0.9 million paid to RYFL's stock option holders. RYFL is a bank holding company headquartered in Chicago, Illinois with total consolidated assets of $533 million as of June 30, 2021. Royal Savings Bank was established in 1887 and serves the Chicagoland metropolitan market with nine full-service locations. FNWD expects the merger to be approximately $1.08 or 21% accretive to 2022 earnings per share and more than 25% accretive to 2023 earnings per share, approximately 6.1% dilutive to tangible book value at closing and expects the tangible book value earn back to be approximately 2.3 years using the cross-over method. Upon closing of the transaction, both Peoples Bank and FNWD expect to remain above well-capitalized standards on all regulatory capital ratios. As part of the merger, a current director or executive officer of RYFL, as mutually agreed upon prior to closing by FNWD and RYFL, will be appointed to the boards of directors of FNWD and Peoples Bank effective as of the closing date of the merger. The merger is expected to be completed in the first quarter of 2022, subject to approval by bank regulatory authorities and the shareholders of both FNWD and RYFL, as well as the satisfaction of other customary closing conditions. Additionally, Royal Savings Bank will be merged with and into Peoples Bank, and the combined operations will be continued under the Peoples Bank name. Integration is expected to be complete in the second quarter of 2022.
PALI

Hot Stocks

08:39 EDT Palisade Bio, Newsoara announce 'positive' results from Phase 2 study of LB1148 - Palisade Bio and co-development partner Newsoara announced positive topline Phase 2 clinical trial data that LB1148 had a statistically significant effect in accelerating the return of bowel function in patients undergoing elective bowel resection surgery. "These results demonstrate a strong efficacy profile in acceleration of the time to recover bowel function combined with a favorable safety and tolerability profile," said Tom Hallam, Ph.D., CEO of Palisade Bio. "We believe LB1148 can simplify the surgical journey for these patients, helping them get better faster, while potentially reducing costs to the healthcare system. Further, LB1148 has now shown statistically significant acceleration of return of bowel function in a Phase 2 study for cardiovascular surgery and in a Phase 2 study for GI surgery. These data lay the important groundwork for proceeding to pivotal studies for these indications." The Phase 2 trial involved 120 patients undergoing elective bowel resection surgery and included laparotomy and laparoscopic surgical approaches. In addition, the study included patients undergoing either anastomosis or stoma creation. The primary outcome was recovery of bowel function measured as the time from the end of surgery to oral food tolerance and passage of stool. Results from the study include: A 1.1-day improvement in GI recovery in patients receiving LB1148 vs placebo. The median time to return of bowel function was 2.77 days in patients treated with LB1148 and 3.83 days in those receiving placebo. The difference between groups increased at the 3rd quartile, with LB1148 demonstrating a 1.5-day faster recovery of bowel function compared to placebo. LB1148 was well tolerated with only 10.9% and 4.8% of patients in the LB1148 group and placebo group, respectively, experiencing a drug-related adverse event. The most common drug-related adverse events were GI disorders. No drug-related serious adverse events occurred in the trial. Based on the beneficial clinical outcomes and good safety profile observed to date in phase 2 trials in both CV surgery and GI surgery, Palisade Bio and Newsoara plan to advance LB1148 to pivotal Phase 3 clinical trials for accelerating the return of bowel function for major surgical indications.
SBBP

Hot Stocks

08:37 EDT Strongbridge Biopharma provides announcement under Irish Takeover Rules - Strongbridge Biopharma announced in accordance with Rule 2.10 of the Irish Takeover Rules that, as of the close of business on July 28, 2021, Strongbridge's issued share capital, excluding treasury shares, is comprised of 67,828,952 ordinary shares with a par value of $0.01 per share. Strongbridge's ordinary shares are traded on the Nasdaq under the symbol SBBP. The International Securities Identification Number of the Strongbridge ordinary shares is IE00BYZ5XL97. Strongbridge confirms that, as of the close of business on July 28, 2021, there were outstanding 2,747,191 restricted share units and 8,226,117 options to purchase Strongbridge ordinary shares granted by Strongbridge. Upon vesting, each Strongbridge Restricted Share Unit entitles the holder to receive one Strongbridge ordinary share and each Strongbridge Share Option entitles the holder to purchase one Strongbridge ordinary share at the applicable exercise price. Strongbridge also confirms that as of the close of business on July 28, 2021, Strongbridge has 7,368,033 warrants outstanding and 4,464,285 ordinary shares will be issued upon the conversion of the portion of Strongbridge's debt that is convertible. Upon exercise, each Strongbridge Warrant entitles the holder to receive one ordinary share.
SABR ALK

Hot Stocks

08:36 EDT Alaska Air renews and expands technology agreement with Sabre - Sabre (SABR) announced the renewal and expansion of its SabreSonic passenger service system agreement with Alaska Airlines (ALK). In addition to the renewal of SabreSonic and Intelligence Exchange, the expanded agreement includes Sabre's Dynamic Availability and Group Optimizer products, which will aim to help Alaska earn incremental revenue by enabling the airline to respond to changing travel conditions with optimized pricing and optimize the processes for managing group reservations. Alaska will continue to leverage SabreSonic PSS and Sabre Intelligence Exchange.
CMPS

Hot Stocks

08:35 EDT Compass Pathways appoints Goodwin as CMO, CFO to leave end of 2021 - COMPASS Pathways announced that it has appointed psychiatrist, Professor Guy Goodwin FMedSci, as Chief Medical Officer. Guy Goodwin is Emeritus Professor of Psychiatry at The University of Oxford. He was formerly WA Handley Chair of Psychiatry and Head of the University's Department of Psychiatry. COMPASS also announced that Piers Morgan, Chief Financial Officer, will be leaving towards the end of 2021, to take up a new position in CellCentric, a clinical stage oncology company.
MCHP

Hot Stocks

08:35 EDT Microchip announces single-chip network synchronization solution - Microchip Technology now makes it possible to achieve 5G performance with the first single-chip, highly integrated, low-power, multi-channel integrated circuit coupled with the company's widely adopted and reliable IEEE 1588 Precision Time Protocol and clock recovery algorithm software modules. "Our newest ZL3073x/63x/64x network synchronization platform implements sophisticated measure, calibrate and tune capabilities, thereby significantly reducing network equipment time error to meet the most stringent 5G requirements," said Rami Kanama, vice president of Microchip's timing and communications business unit. "A uniquely flexible architecture for implementing the necessary channel density as well as high-performance, low-jitter synthesizers help simplify the design of timing cards, line cards, Radio Units, Centralized Units and Distributed Units for 5G Radio Access Networks."
AQMS

Hot Stocks

08:34 EDT Aqua Metals, ACME sign agreement to deploy AquaRefining technology - Aqua Metals announced it has signed a definitive agreement with ACME Metal Enterprise to deploy and license AquaRefining equipment at its facility in Keelung, Taiwan. While both companies signed a Letter of Intent on July 1, 2021, that provided 60 days to reach a definitive agreement, the contract was signed in less than a month. The agreement includes terms for licensing to ACME and working with ACME to consider licensing AquaRefining to other parties in Taiwan. The agreement also defines a phased deployment of AquaRefining technology and provisions for ACME to work with Aqua Metals and one or more large battery manufacturers to develop a second methodology to produce oxide directly from AquaRefined material, which can significantly improve economic costs, safety, environmental impact and streamline the link between battery recycling and new battery manufacturing. ACME currently refines lead bullion into lead alloys for sale to global battery manufacturers. These relationships will enable ACME to utilize AquaRefining as the only proven green method for recycling lead in the largest and fastest growing lead recycling market in the world. Aqua Metals intends to begin shipping Aqualyzers and supporting equipment to ACME during the next quarter for phase one of the deployment, which is expected to begin operating by the fourth quarter of 2021. The Aqualyzers will enable ACME to produce ultrapure lead metal in Taiwan with vastly improved emissions and worker safety. The partnership between Aqua Metals and ACME includes joint development of a process for converting the ultra-high purity AquaRefined briquettes into lead oxide utilizing a ball mill that ACME will have rights to throughout Taiwan. Aqua Metals announced in January 2021 that it had developed a process for converting briquettes into lead oxide through the Barton pot method (melting). With the addition of the ball mill process, AquaRefining will have the potential to produce oxide using the only two industry-standard processes available.
TSLA

Hot Stocks

08:33 EDT Tesla CEO Musk says AI Day to be held August 19 - Tesla CEO Elon Musk announced via Twitter that the company's AI Day will be held August 19. Reference Link
MU

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08:32 EDT Micron begins volume shipments of 176-layer NAND UFS 3.1 mobile solution - Micron Technology announced it has begun volume shipments of the world's first 176-layer NAND Universal Flash Storage 3.1 mobile solution. Engineered for high-end and flagship phones, Micron's discrete UFS 3.1 mobile NAND unlocks 5G's potential with up to 75% faster sequential write and random read performance than prior generations,1 enabling downloads of two-hour 4K movies2 in as little as 9.6 seconds.
AMBO

Hot Stocks

08:32 EDT Ambow Education provides update on PRC educational regulatory policy - Ambow Education noted that the General Office of the Communist Party of China Central Committee and the General Office of the State Council jointly issued a set of guidelines on July 24 aiming to ease the burden of excessive homework and after-school tutoring for students receiving compulsory education. The company does not expect its operations to be materially affected by the Guidelines. The company's main business focus remains on technology driven educational and career enhancement services and patented technology products. The company will continue to comply with all laws and regulations in providing educational services in respective countries.
ABBV

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08:32 EDT AbbVie's Allergan says FDA approves expanded Botox label - Allergan, an AbbVie company, announced that the U.S. FDA has approved a label expansion of Botox to include eight new muscles for the treatment of upper limb spasticity in adults. The new muscles for treatment include additional muscles of the elbow and forearm (brachialis, brachioradialis, pronator teres, and pronator quadratus), as well as intrinsic hand muscles (lumbricals and interossei) and thumb muscles (flexor pollicis brevis and opponens pollicis). The label now includes the use of ultrasound as a muscle localization technique in adult spasticity.
PRLB

Hot Stocks

08:31 EDT Proto Labs sees Q2 non-GAAP gross margin of 47% +/- 50bps - Sees Q3 non-GAAP tax rate of approximately 24%.
LLY

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08:31 EDT Loxo Oncology, Kumquat enter collaboration on novel small molecules - Loxo Oncology, a research and development group of Eli Lilly, and Kumquat Biosciences announced an exclusive collaboration focused on the discovery, development and commercialization of potential novel small molecules that stimulate tumor-specific immune responses. Through the multi-year collaboration, Kumquat will utilize its small molecule immuno-oncology, or IO, platform to discover novel clinical candidates and Lilly has the option to select a certain number of drug candidates for further development and commercialization worldwide, excluding Greater China. Kumquat has retained development and commercialization rights in Greater China for each of the drug candidates selected by Lilly, subject to Lilly's option to co-commercialize in Greater China. Additionally, Kumquat has the option to co-develop and co-commercialize a certain number of the drug candidates selected by Lilly in the U.S. Kumquat will receive an aggregate of $70M consisting of a cash upfront payment and an equity investment. Kumquat is eligible to receive over $2B in potential milestone payments based on the achievement of preclinical, development and future commercial milestones, as well as royalties on sales of commercialized products resulting from the collaboration.
BAX CRY

Hot Stocks

08:31 EDT CryoLife completes sale of perClot product line to Baxter unit for $60.8M - CryoLife (CRY) announced that it has completed the sale of its PerClot product line to a subsidiary of Baxter International (BAX) for up to $60.8M in cash. Of the $60.8Mn, CryoLife will receive up to $45.8M and Starch Medical will receive up to $15M. In this sale, CryoLife has transferred its PerClot product line to Baxter and SMI has agreed to transfer or extend certain rights to Baxter. In addition, CryoLife and SMI have agreed to terminate their existing PerClot licensing and supply agreements, including a mutual satisfaction of most obligations under those agreements. Under the terms of the sale, Baxter acquired the PerClot product line, including among other things worldwide marketing rights, customer relationships, intellectual property, and equipment for up to $60.8 million in cash as outlined below
AEZS

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08:30 EDT Aeterna Zentaris receives Nasdaq notification on minimum bid price compliance - Aeterna Zentaris announced that on July 28, 2021, the Company received notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC indicating that, based upon a closing bid price of less than $1.00 per share for the Company's common stock for the prior 30 consecutive business day period, the Company no longer satisfies Nasdaq Listing Rule 5550a2. In accordance with Nasdaq Listing Rule 5810c3A, the Company has been provided a grace period of 180 calendar days, through January 24, 2022, to evidence compliance with the Rule. To evidence compliance with the Rule, the Company must evidence a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days on or before January 24, 2022. In the event the Company does not timely evidence compliance with the Rule, the Company may be eligible for an additional 180-day grace period or may face delisting. In the latter case, the Company would be entitled to request a hearing before the Nasdaq Hearings Panel, which request would stay any delisting action by the Staff pending completion of the hearing process. The Company's business operations are not affected by the receipt of the Nasdaq notice.
AQMS

Hot Stocks

08:29 EDT Aqua Metals to receive final $5.25M insurance payment - Aqua Metals announced its final insurance payment of $5.25 million. The Company has now collected or secured a total of $30.25 million of insurance proceeds related to the November 2019 fire event.
COHN

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08:29 EDT Cohen & Co. reinstates quarterly cash dividend of 25c per share - The Company's Board of Directors has declared a dividend of $0.25 per share, which will be payable on August 27, 2021, to stockholders of record on August 13, 2021. The Board of Directors will continue to evaluate the dividend policy each quarter, and future decisions regarding dividends may be impacted by quarterly operating results and the Company's capital needs.
APA

Hot Stocks

08:28 EDT APA Corp. announces update on appraisal drilling offshore Suriname in Block 58 - APA announced drilling success and updated the status of its appraisal program offshore Suriname in Block 58. As previously noted, the primary objective of the first phase of the appraisal drilling program is to deliver a fast-track, black oil development. Sapakara South-1, an appraisal well located on the eastern edge of the Sapakara area, encountered approximately 30 meters of net black oil pay in a single zone of high-quality Campano-Maastrichtian reservoir. This result marks another important step toward a commercial oil development in the southeast portion of Block 58. The Maersk Valiant will soon mobilize to the next exploration prospect at Bonboni, approximately 45 kilometers to the north, before returning later in the year to flow test Sapakara South-1. A second appraisal well encountered two thin intervals of black oil above water in the Campano-Maastrichtian at Kwaskwasi, impacting a small portion of the eastern edge of Kwaskwasi. The Campano-Maastrichtian intervals at Kwaskwasi and the Sapakara South-1 discovery are separate and unrelated.
PSWW

Hot Stocks

08:27 EDT Principal Solar, IntelliMedia Networks collaborate to reduce carbon footpring - Principal Solar announced that it has entered into a collaborative agreement with IntelliMedia Networks. The two companies intend to jointly develop a Global Virtual Environment Summit Platform with the express goal of reducing the carbon footprint of in-person summits while preserving the impact of the experience for attendees. The platform will be developed to provide virtual show floor and booth presence, live and on demand broadcasting of seminars, sales and marketing interaction with exhibitors via integrated video conferencing, social interaction among participants, marketing and information collateral distribution, and host of other immersive and engaging features.
ORMP

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08:26 EDT Oramed names Michael Rabinowitz as Chief Commercial Officer - Oramed Pharmaceuticals announced the appointment of Michael Rabinowitz to the newly created position of Chief Commercial Officer effective August 1. Rabinowitz will be responsible for Oramed's overall commercial strategy and execution.
VXRT

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08:26 EDT Vaxart reports boosting immune response in subjects with Vaxart vaccine - Vaxart has shown for the first time in clinical trials that its oral tablet vaccine platform successfully boosted immune responses in subjects previously vaccinated with a Vaxart oral vaccine more than a year earlier. The data came from Vaxart's 12-subject Phase 1b blinded study evaluating the ability of its norovirus vaccine to boost immunogenicity. Study participants were initially vaccinated with Vaxart's oral norovirus vaccine in late 2019 and were vaccinated again between February and April 2021. All seven participants who had been previously immunized with the oral norovirus vaccine elicited a similar broad range of immune responses to norovirus as the five subjects that had not received a prior oral vaccine dose. Serum antibody blocking titer 50,a surrogate neutralizing antibody measurement, increased in both previously vaccinated and unvaccinated subjects by similar amounts. Antibodysecreting B cell responses to norovirus VP1 measuredseven days post-boost were no different thanthose in subjects receiving the vaccine for the first time. Serum IgG and IgA antibody responses were significantly elevated 29 days post-boost immunization, with no difference in titer between subjects that had received a prior oral norovirus vaccineand those who had not previously been vaccinated.
RYTM

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08:25 EDT Rhythm Pharmaceuticals announce senior leadership additions - Rhythm Pharmaceuticals announced the appointments of Pamela Cramer as Chief Human Resources Officer and Linda Shapiro Manning, M.D., Ph.D., as Senior Vice President, Clinical. Cramer joined Rhythm as Chief Human Resources Officer, effective July 26. She brings 20 years of leadership experience in organizational effectiveness, talent development and human resources transformation. She joins Rhythm from Foundation Medicine, where she most recently served as Head of People Solutions. Shapiro joined Rhythm earlier in July, bringing more than 20 years of experience in obesity medicine. For the past ten years, she has worked in the biopharmaceutical industry, with clinical development and medical affairs roles.
IMPL

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08:24 EDT Impel NeuroPharma to host KOL event on August 6 - Impel NeuroPharma announced that it will host a virtual key opinion leader event to review the post triptan failure landscape and new options for the treatment of acute migraine. In addition, the program will cover the role of non-oral acute migraine therapies, including the history of use of dihydroergotamine, the STOP301 trial results for Impel's lead product candidate TRUDHESA and commercial insights and opportunities in the acute migraine market. The event will take place on Friday, August 6, 2021 at 1:00pm ET. The event will feature presentations from guest speakers Dr. Wade Cooper, Director of Headache and Neuropathic Pain at the University of Michigan School of Medicine, Dr. Stewart Tepper, Director of Dartmouth Headache Center at the Geisel School of Medicine, Dr. Nada Hindiyeh, Assistant Professor of neurology and neurological systems at Stanford Medical School and Impel NeuroPharma management.
ALHC CNC

Hot Stocks

08:24 EDT Alignment Healthcare appoints Afzal Shah as senior vice president - Medicare Advantage company Alignment Healthcare (ALHC) announced the appointment of senior health care executive Afzal Shah as senior vice president, California market president. In this role, Shah will be responsible for the overall performance in the company's competitive California market. Currently, Alignment offers plans in 18 counties in California. Prior to Alignment, he served as vice president for eight states at Centene Corporation (CNC).
HSC

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08:23 EDT Harsco to implement MachineMax equipment management technology - Harsco Corporation announced its Harsco Environmental division will be implementing MachineMax, an equipment management platform to help it reach its sustainability goals while maximizing the productivity and profitability of its heavy equipment around the globe. The solution provided by MachineMax, a Royal Dutch Shell company, will enable Harsco Environmental to access real-time data and reporting about its global on-site fleet, providing a single equipment management platform that helps track and better manage carbon emissions from the equipment used in its operations. In addition to helping Harsco reduce energy use and emissions, MachineMax will allow Harsco Environmental to pinpoint operational inefficiencies such as excessive idling and site bottlenecks by analyzing machine data using Internet of Things and Artificial Intelligence technologies. Reducing inefficiencies reduces cycle times, which, in turn, further reduces emissions. This platform will be used in more than 30 countries and represents a significant step towards the reduction of carbon emissions across Harsco's operations by increasing efficiency to improve sustainability.
VVOS

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08:22 EDT Vivos Therapeutics opens international training center in Denver - Vivos Therapeutics announced that the company has opened The Vivos Institute training center in Denver, Colorado. The 15,000-square-foot facility was established to provide advanced post-graduate education and training to dentists, dental teams and other healthcare providers from around the world in a live and hands-on setting. "Part of our mission is to spread the word about OSA among healthcare professionals who can help treat it. This new facility can accommodate 300 to 400 healthcare professionals a day, which not only significantly increases our clinical training capacity but also enables us to leverage the technology that we've built into the center to provide the highest-quality training for dentists all over the country and the world," said Kirk Huntsman, Vivos Chairman and CEO. "The Institute's opening (which augments the online training we established over the last year and half) represents a critical milestone for us as we train independent dentists whose patients suffer from dentofacial malformations that may be associated with OSA and other debilitating health conditions. We are also proud that we are able to open our Vivos Institute as promised with the proceeds of our initial public offering that occurred just eight months ago."
SCYX

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08:21 EDT Scynexis announces presentations on pooled data from Phase 3 VANISH program - SCYNEXIS announced two oral presentations of oral ibrexafungerp from its Phase 3 VANISH Program at the Infectious Diseases Society for Obstetrics & Gynecology 2021 Virtual Annual Meeting, held on July 29 and July 30, 2021. The data presented demonstrate oral ibrexafungerp's safety and efficacy as a treatment for vulvovaginal candidiasis, also known as vaginal yeast infection. "The data from our Phase 3 VANISH program demonstrated strong efficacy and a favorable tolerability profile in women with vaginal yeast infections and supported the recent FDA approval of BREXAFEMME, which represents the first approved drug in a novel antifungal class in more than 20 years, offering the first and only oral non-azole treatment option for VVC patients," said Marco Taglietti, M.D., President and Chief Executive Officer of SCYNEXIS. "We believe that we can continue to build on this momentum in this category with our ongoing Phase 3 CANDLE study investigating ibrexafungerp for the prevention of recurrent VVC and expect to report topline data in the first half of 2022." Selected Important Safety Information Most common adverse reactions observed in clinical trials (incidence greater than or equal to2%) were diarrhea, nausea, abdominal pain, dizziness, and vomiting See below for complete Important Safety Information Oral presentation details: Title Efficacy and Safety of Oral Ibrexafungerp in Subjects with Vulvovaginal Candidiasis: Pooled Data from Two Phase 3, Randomized, Blinded, Studies vs. Placeb: The Phase 3 VANISH-303 and VANISH-306 trials evaluated the safety and efficacy of oral ibrexafungerp as a treatment for patients with VVC. A pooled analysis of 376 patients receiving oral ibrexafungerp and 182 patients receiving placebo found that 94% of ibrexafungerp patients had severe disease. Clinical Cure Rate, defined as complete resolution of all Vaginal Signs and Symptoms at the Day-10 Test-of-Cure visit, was reported as 56.9% in the treatment arm vs. 35.7% in the placebo arm. Overall, ibrexafungerp was well tolerated, with the most common treatment-related adverse events being gastrointestinal in nature. Outcomes in Subpopulations from Pooled Phase 3 Clinical Studies of Oral Ibrexafungerp versus Placebo in Patients with Vulvovaginal Candidiasis: The study outlines a sub-population analysis of different patient demographics from the Phase 3 VANISH-303 and VANISH-306 trials evaluating efficacy of oral ibrexafungerp as a treatment for patients with VVC. Clinical Cure, defined as complete resolution of all Vaginal Signs and Symptoms at the Day-10 Test-of-Cure visit, was 57.0% in patients aged less than65 years, 52.3% in Black patients, 54.7% in Hispanic or Latino patients, and 46.2% in patients with BMI greater than35. These results are largely consistent with the overall clinical cure rate reported by the study and support ibrexafungerp's potential to treat all important populations impacted by VVC infections.
TFFP

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08:21 EDT TFF Pharmaceuticals, Augmenta Bioworks announce in vitro data on AUG-3387 - Augmenta Bioworks and TFF Pharmaceuticals announced positive in vitro data indicating that their lead anti-COVID-19 monoclonal antibody therapy, AUG-3387, binds to and neutralizes the SARS-CoV-2 Delta variant. The Delta variant is the current dominant strain of SARS-CoV-2 in the U.S., Europe and other geographic regions around the world. Augmenta and TFF Pharmaceuticals plan to develop AUG-3387 as an inhaled therapy for the treatment of COVID-19 disease in two types of individuals: those already infected with SARS-CoV-2 who are at a high risk for severe disease but who have not yet been hospitalized, and for the prevention of SARS-CoV-2 infection for individuals who are at a high risk for severe disease. The companies have selected a final formulation of AUG-3387 that will be used to complete in vivo preclinical efficacy studies in the coming weeks and will proceed with toxicology studies by the end of 2021. Ongoing formulation development studies are expected to demonstrate that a sufficient dose of AUG-3387 to achieve a neutralizing concentration in the lungs can be delivered via already approved commercial dry powder inhaler devices. In prior in vitro preclinical testing, AUG-3387 effectively neutralized SARS-CoV-2 and demonstrated activity against other major COVID variants of concern, including the previously identified Alpha variant, Beta variant, Gamma variant, and Kappa variant. The additional positive neutralization data against the delta variant reflects TFF and Augmenta's ongoing commitment to monitor activity of AUG-3387 against emerging SARS-CoV-2 variants, and to develop a therapy that is as effective as possible against currently dominant strains. TFF Pharmaceuticals and Augmenta also announced that Catalent Biologics has been selected to conduct cell line development utilizing their proprietary GPEx platform and to lead drug substance manufacturing and scale-up efforts for AUG-3387 as the program advances through clinical development. Commenting on the agreement,
SPNS

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08:21 EDT Sapiens' digital solutions selected by Thailand-based insurer - Sapiens has been selected by one of Thailand's leading non-life insurers for its large-scale digital core transformation. Sapiens end-to-end solutions for non-life - general - insurance will transform the insurer's 30-year-old legacy core through the implementation of Sapiens IDITSuite, Sapiens ReinsuranceMaster, Sapiens Intelligence and Sapiens DigitalSuite's API layer. IDITSuite supports all core operations and processes for personal, commercial and specialty lines of business. Sapiens ReinsuranceMaster is a comprehensive business and accounting solution. Sapiens Intelligence is an out-of-the-box solution with a full industry standard data management model.
GROM

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08:18 EDT Grom Social Enterprises agrees to acquire majority control of Curiosity Ink - Grom Social Enterprises announced it has entered into a definitive purchase agreement to acquire 80% of the equity and control of Curiosity Ink Media. Upon completion of the acquisition, Grom will retain Brent Watts in his current role as Chief Creative Officer. The announcement was made by Darren Marks, Grom's Chairman and Chief Executive Officer. Closing of the purchase transaction is subject to certain regulatory and other customary closing conditions, and is expected to take place in mid-August 2021. Curiosity recently unveiled a host of initiatives that are expected to bring its multiplatform IP to market for consumers everywhere in the coming months and years. Some of the projects that CIM recently announced include: a collaboration with global toy company Cepia to develop the hit online shorts Cats vs. Pickles into a television series; and an original animated holiday musical feature Santa.com, which will serve as a companion to a Santa.com virtual holiday hub and ecommerce initiative. Additionally, CIM will foray into publishing with new partner Dynamite Entertainment, to create books for kids rooted in Curiosity's original IP and other brands, kicking off with PAW Patrol and Baldwin's Big Adventure, which is being developed into an animated preschool series.
HZAC

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08:17 EDT Vivid Seats launches strategic rebrand with improved rewards program - The company said, "Vivid Seats continues to deliver exceptional value to fans by enhancing Vivid Seats Rewards, where all fans earn on every purchase. In addition, the Company revealed an extensive brand refresh inspired by the energy and passion of live event fans, together with a new logo and a redesigned website and app, built with new capabilities rooted in personalization and simplicity. Vivid Seats Rewards will introduce the first of several fan-focused experiential enhancements in conjunction with the brand refresh: Every Purchase Counts: Start earning rewards today. Enrollment is free and automatic. Free Tickets for Every Fan: Fans earn a stamp for every ticket they purchase. Once they've collected 10 stamps, they will receive a Reward Credit worth the average value of the 10 stamps which can be used for tickets to another event. Unlock Status for More Perks: Fans can also benefit from increasing perks as they progress through each of the three levels-Rising Star, Super Fan, and Icon-such as surprise and delight moments which include ticket upgrades, exclusive access to industry events, and other VIP perks. Birthday Gift: All members will get a birthday reward to celebrate their special day. The new loyalty program is designed to benefit every fan, whether they attend two events a year or twenty. Current Vivid Seats Rewards members will get to enjoy all the new benefits, while also maintaining their current level or moving to a higher tier in the updated program."
TSP R

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08:16 EDT TuSimple and Ryder partner to expand nationwide autonomous trucking - TuSimple (TSP) and Ryder (R) announced a partnership that aims to leverage select Ryder fleet maintenance facilities to serve as terminals on TuSimple's Autonomous Freight Network, or AFN. TuSimple and Ryder will work together to identify existing Ryder facilities to serve as terminals along the TuSimple AFN. By adding more terminals to TuSimple's AFN, shippers and fleets will have greater access to autonomous freight operations. TuSimple's fleet of more than 50 autonomous trucks transport freight for customers across the states of Arizona, New Mexico and Texas. Later this year, TuSimple expects to expand operations to the East Coast. Initially, the partnership will focus on Ryder's facilities in the Southern U.S.
JWEL

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08:16 EDT Jowell Global announces acquisition of equity interest in Hongrun Small Loan - Jowell Global announced that its variable interest entity Shanghai Juhao Information Technology has entered into a Capital Increase Agreement to acquire 18.96% equity interest in Suzhou Industrial Park Hongrun Rural Small Amount Loan, or Hongrun Small Loan, for an aggregate consideration of RMB 30M, or approximately $4.6M, in cash. The investment by Shanghai Juhao will be ear-marked for the loans to the owners of Juhao Best Choice Stores for their business development and expansion. Juhao Best Choice Stores are the community group-buying franchise stores launched by Shanghai Juhao in April 2021. "We believe there are significant opportunities to further grow our business, through organic growth or acquisitions", said Zhiwei Xu, Chief Executive Officer and Chairman of Jowell Global Ltd. "The acquisition announced today is a clear indication of the Company's continuous capabilities in executing long-term growth strategies and evidence of continued efforts in expanding Juhao Best Choice Stores across China. This investment will be dedicated to support the development and expansion of Juhao Best Choice Stores. We believe our partnership with Hongrun Small Loan will generate new growth points and value for the Company as well as create better products, services and quality satisfactory shopping experiences for consumers of Juhao Best Choices Stores."
CLS

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08:15 EDT Celestica invests in U.S facility - Celestica announced the grand opening of its AbelConn Electronics facility in Maple Grove, Minn., USA. AbelConn Electronics, a wholly-owned subsidiary of Celestica, provides rapid prototyping, volume manufacturing, and engineering support for the defense and aerospace industries. The new 110,000 square foot facility gives the company the additional capacity in a key U.S. region to serve customers in Defense, Aerospace and other highly regulated markets such as HealthTech, Industrial and Smart Energy. As part of its growth strategy, AbelConn is expanding its core capabilities around ITAR-certified volume production for chassis, circuit card assembly, backplanes, and connectors. Additionally, the company is adding new capabilities, including engineering services, licensing, and repair and overhaul. The site is also in process of obtaining ISO 13485 certification to support the HealthTech market.
GAME

Hot Stocks

08:14 EDT Engine Media expands patent infringement lawsuits against DraftKings and FanDuel - Engine Media's Winview subsidiary has filed amended complaints in its patent infringement lawsuits against DraftKings and FanDuel, which are pending in the District Court for the District of New Jersey, to include allegations that the gaming services provided by DraftKings and FanDuel infringe two additional patents owned by Winview. These actions seek the recovery of damages and other appropriate relief.
COCP

Hot Stocks

08:13 EDT Cocrystal Pharma announces in vitro activity of CDI-45205 against variants - Cocrystal Pharma announces that its SARS-CoV-2 3CL protease lead CDI-45205 and several analogs showed potent in vitro activity against the SARS-CoV-2 Delta and Gamma variants. Cocrystal previously announced that CDI-45205 and analogs exhibited broad-spectrum activity against the SARS-CoV-2 Alpha and Beta variants, surpassing the activity observed with the Wuhan strain. The Company continues to develop SARS-CoV-2 oral protease inhibitors and replication inhibitors using its proprietary drug discovery platform technology. Cocrystal's approach to drug discovery provides a unique path for designing broad-spectrum coronavirus antivirals against SARS-CoV-2 and emerging variants.
CNI

Hot Stocks

08:11 EDT CN seeks comments regarding Interim Extreme Weather Fire Plan - CN announced that it is seeking comments regarding its Interim Extreme Weather Fire Plan. The Plan presents measures to increase prevention, monitoring and response to wildfire risks when the fire danger level for a given area is "extreme". These measures will supplement existing practices and allow CN to serve our customers while protecting neighbouring communities. Safety is a core value at CN. It is also a shared responsibility, which is why CN is seeking the input of local communities and governments, including Indigenous Governments or other Indigenous Governing bodies on its Plan.
IMAB

Hot Stocks

08:11 EDT I-MAB announces new $40M stock repurchase program - I-Mab announced that its Board of Directors has authorized a new stock repurchase program. With the Board's authorization, the company may repurchase up to $40M of its ordinary shares in the form of American depositary shares over the next 12 months.
WKHS

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08:10 EDT Workhorse Group appoints Richard Dauch as CEO - Workhorse Group announced the appointment of Richard Dauch as CEO, effective August 2nd, 2021. He will also join the Company's Board of Directors. Dauch succeeds Duane Hughes who has served as CEO from February 2019 to August 1, 2021, and who previously served as Chief Operating Officer from August 2016 to January 2019. Hughes will continue to serve as a consultant through the transition period. Dauch previously served as the CEO of Delphi Technologies where he successfully completed the spin-off from Aptiv and then executed a merger with BorgWarner in October 2020.
EBAY

Hot Stocks

08:10 EDT eBay launches new trading cards experience - Following a record-breaking year for the trading card industry, eBay announces the introduction of Price Guide and Collection tools for trading cards. The new features provide a single destination for enthusiasts to view, manage, and track the value of their trading card portfolios. Launching July 29 in beta on Android, desktop, and in the latest version of the app in the Apple App Store, the new tools make it easier for users to actively collect and sell trading cards, with the ability to monitor the real-time market valuation changes of their portfolios, and list items directly from their collections. eBay is leveraging its extensive data catalog to provide a holistic view of a collection's past and present value, offering unprecedented assessment, evaluation, and tracking capabilities.
RUBY NVS

Hot Stocks

08:09 EDT Rubius Therapeutics appoints Dannielle Appelhans as COO - Rubius Therapeutics (RUBY) announced the appointment of Dannielle Appelhans as chief operating officer, effective August 9, 2021. She will oversee corporate strategy and technical operations. Most recently, Ms. Appelhans served as senior vice president of technical operations and chief technical officer at Novartis Gene Therapies (NVS), where she oversaw late-stage development, clinical and commercial manufacturing, supply chain and all supporting operational functions for the gene therapy unit and AAV portfolio.
MMP

Hot Stocks

08:08 EDT Magellan Midstream sees 2021 annual DCF $1.07B - Management continues to project annual DCF of $1.07B for 2021. The benefit from the stronger-than-expected second-quarter results are being offset as the partnership has now hedged approximately 80% of its forecasted gas liquids blending activities at lower margins than anticipated as well as higher costs in the second half of the year than assumed in the previous guidance. Guidance assumes total refined products shipments will be generally in-line with initial estimates for the year, with an overall increase of 13% expected versus 2020 as incremental volumes associated with recent expansion projects within the state of Texas continue to overcome the lingering impacts of the pandemic. These estimates continue to expect 13% higher gasoline, 10% higher distillate and 25% higher aviation fuel shipments, based on general trends so far this year. For reference, total 2021 refined products shipments are still expected to increase approximately 3% versus 2019, which is more representative of historical demand, as additional gasoline and distillate volumes from expansion projects are partially offset by lower aviation fuel. Further, guidance assumes continued contributions from the independent terminals throughout 2021, while the partnership awaits receipt of the required regulatory approvals for the pending sale. Magellan intends to maintain its quarterly cash distribution at the current level of $1.0275 per unit for the remainder of 2021. Based on the current distribution amount and the current number of units outstanding, distribution coverage for 2021 is expected to be 1.17 times the amount necessary to pay cash distributions for the year.
BTU

Hot Stocks

08:01 EDT Peabody Energy lowers 2021 CapEx view by $25M to $200M
CBRE

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08:00 EDT CBRE Group promotes Emma Giamartino to CFO - CBRE Group announced promotions within the company's senior leadership team. Emma Giamartino, Chief Investment Officer, has been promoted to Global Group President, Chief Financial Officer & Chief Investment Officer. Vikram Kohli, Senior Vice President, Business Insights & Corporate Finance, has been promoted to Global Group President, Business Intelligence, which includes oversight of Digital & Technology and Strategy, in addition to his legacy responsibility for Business Insights, Financial Planning & Analysis and Research. Leah Stearns, the company's current Chief Financial Officer, will continue with the company in an advisory capacity through the end of the year.
SNWV

Hot Stocks

07:58 EDT Sanuwave Health announces collaboration with NASA for water processor assembly - SANUWAVE Health announces collaboration with National Aeronautics and Space Administration. One of the most important objectives of this decade for National Aeronautics and Space Administration is the restart of missions to the Moon to establish a Lunar Base. The closed loop Water Recovery System, or WRS, is important for the ISS and any Lunar Base or Mars Colony, to provide sufficient water supply for their human inhabitants. SANUWAVE announces that it was selected as one of the companies that can help with the mitigation of the bacterial biofilms formed inside the WRS. SANUWAVE's proprietary shockwave technology, which is a highly mechanical energy, will be used to test the detachment, destruction, and ultimately prevention of biofilms formation. The experimental design presented in the paper at the ICES 2021 conference will be used in a grant awarded by NASA to systematically assess the shockwave technology influence on the biofilms formed in the water tank of the WPA from the WRS. This research work will be done at the SANUWAVE's research laboratory and also at CBE, which is one of the main partners for us and also the leading facility that is performing the biofilm work for NASA. Kevin Richardson II, the CEO of SANUWAVE, added, "Clean water is crucial for NASA human inhabited structures, and this is why it needs to be recycled. As we know water weight is super high, which prohibits the hauling of it on periodic rocket launches from Earth. This is why the WRS is crucial to the future success of NASA missions to Moon and Mars. The use of shockwaves is simple and efficient and can be combined with other technologies to produce increased efficiency in the elimination and prevention of bacterial biofilms formed inside such a closed-loop system. We are proud to be selected by NASA to be one of their partners and we are looking forward to delivering successful solutions. This work will be used for future development of commercial application for water mitigation, cleaning and disinfection."
VLO

Hot Stocks

07:57 EDT Valero sees 2021 capital investments $2B - Capital investments attributable to Valero are forecasted to be $2B in 2021, of which approximately 60% is for sustaining the business and approximately 40% is for growth projects. Over half of Valero's 2021 growth capital is allocated to expanding the renewable diesel business.
KURA

Hot Stocks

07:54 EDT Kura Oncology appoints Helen Collins to board of directors - Kura Oncology announced the appointment of industry veteran Helen Collins, M.D., to its board of directors. Collins joins the Kura board of directors with more than 25 years of medical experience. Most recently, she served as Executive Vice President and Chief Medical Officer at Five Prime Therapeutics.
CRNX

Hot Stocks

07:53 EDT Crinetics announces $15M private placement with Frazier Healthcare Partners - Crinetics Pharmaceuticals announced that it has entered into a securities purchase agreement with Frazier Healthcare Partners for the private placement of 851,306 shares at $17.62 per share. The private placement will yield gross proceeds of $15.0 million and is expected to close on August 2, 2021, subject to the satisfaction of customary closing conditions. Crinetics intends to use the net proceeds from the proposed offering to fund the development of paltusotine and its other research and development programs, and for working capital and general corporate purposes.
BCOV

Hot Stocks

07:53 EDT Brightcove says Chief Revenue Officer leaving, hired Chief Data Officer - During Brightcove's Q2 earnings call, CEO Jeff Ray stated, according to a transcript: "Rick Hanson, Chief Revenue Officer is leaving Brightcove at the end of July. Over his 2.5 years at Brightcove, he transformed the sales organization and hired a sales leadership teams, it's taken us to the next level. We're thankful for Rick's contribution to our growth and wish him the best as he takes some time with his family. We're excited to promote Brian Froehling to the role of Executive Vice President, Head of Global Sales. Brian joined Brightcove in August of 2019 to lead the America sales team. During his tenure, the team has seen tremendous bookings growth and executed at a high level... I'm also delighted to announce that Patrick Wagstrom has joined Brightcove as the company's first Chief Data Officer. He will spearhead an advanced R&D organization that integrates machine learning capabilities into Brightcove solutions, bringing advanced opportunities for customers and viewers. Prior to Brightcove, Wagstrom led the Emerging Technology Group at Verizon was part of Capital One's cloud transformation, and led the development of the machine learning platform for their credit card business, and was also a founding member of the IBM Watson Group."
PROG

Hot Stocks

07:52 EDT Progenity announce completion of clinical validation study for Preeclampsia test - Progenity announced successful completion of the validation study for its Preecludia rule-out test for preeclampsia and achievement of the primary endpoint of the study protocol. The PRO-104 clinical validation study was a prospective, multi-center, observational study with over 1,300 enrolled subjects. Test specimens were collected from pregnant patients aged 18 to 45 years and 28 0/7 to 36 6/7 weeks' gestational age. Analysis was blinded. Patients in the study cohort presented with potential signs and symptoms of preeclampsia at 20 labor and delivery triage sites across all major regions of the United States. Patient demographics were consistent with the at-risk U.S. population. "We are proud to have achieved the primary endpoint of the PRO-104 study protocol, demonstrating that the Preecludia test can significantly distinguish between the presence and absence of preeclampsia, with the initial unblinding and analysis performed by an independent third party," said Matthew Cooper, PhD, Chief Scientific Officer, Progenity. "The test's high negative predictive value, which achieved the targeted range determined from our market research and clinician feedback, validates its utility in ruling out preeclampsia, and positions the laboratory-developed test for launch in the United States. We intend to soon publish our results in a peer-reviewed medical journal. Because of embargo considerations, we are limited in what we can share today."
IBIBF

Hot Stocks

07:52 EDT IBI Group awarded two bridge toll system contract in Michigan - IBI Group was awarded an 18-lane toll system contract, and related services, by the Michigan Department of Transportation for the modernization of the existing toll system infrastructure at Blue Water Bridge and International Bridge. The firm will implement its toll system on both the U.S. and Canadian sides of the Blue Water Bridge, and the U.S. side of the International Bridge, as well as provide operations and maintenance support for up to 10 years for toll operations and customer-facing services. Adding to IBI's existing portfolio of toll system projects in Michigan, this two-bridge, cross-border project win is illustrative of the firm's commitment to create value for its clients through the application of technology, and enable the efficient operation of the trade corridors between the United States and Canada.
BTN

Hot Stocks

07:51 EDT Ballantyne Strong to pursue IPO of Strong Entertainment business segment - Ballantyne Strong announced that its Board of Directors has approved the pursuit of an initial public offering of its Strong Entertainment business segment through the offering of securities of Ballantyne Strong's newly-created, wholly-owned subsidiary, Strong Entertainment, Inc. For financial reporting purposes, Ballantyne Strong will continue to consolidate Strong Entertainment in its financial results. The proposed offering is expected to occur in 2021, subject to satisfactory market and other conditions. The timing, class, and number of securities to be offered and their price have not yet been determined. Ballantyne Strong intends to remain the majority stockholder of the subsidiary post-offering. A registration statement relating to the securities to be sold in the proposed initial public offering is expected to be filed with the Securities and Exchange Commission, but has not been filed or become effective.
ACIU

Hot Stocks

07:50 EDT AC Immune presents full Phase 1b results on anti-abeta vaccine - AC Immune outlined two presentations being delivered at the Alzheimer's Association International Conference 2021, taking place both in Denver, USA and virtually from July 26-30, 2021. The presentations highlight precision medicine approaches to enable the early detection and prevention of neurodegenerative diseases by targeting amyloid beta and alpha-synuclein. The first virtual oral presentation includes the full results from a first-of-its-kind Phase 1b clinical trial evaluating the anti-Abeta vaccine ACI-24 in adults with DS. Previously announced topline data from the trial showed that ACI-24 generated evidence of immunogenicity along with a positive pharmacodynamic response and a favorable safety and tolerability profile. The Phase 1b study results showed that ACI-24 was safe and well tolerated in adults with DS. No serious adverse events or evidence of central nervous system inflammation, meningoencephalitis, or ARIA, including ARIA-E and ARIA-H, were reported. Data also showed that administration of ACI-24 resulted in encouraging immune responses that correlated with increases in plasma Abeta, which are indicative of target engagement. Andrea Pfeifer, CEO of AC Immune SA, commented: "The full data set from our Phase 1b DS study are promising and highlight AC Immune's expertise in active vaccination approaches for neurodegenerative disease. Based on these results, we plan to advance an optimized formulation of ACI-24 into late-stage clinical testing to treat and prevent the progression of DS-related AD. This formulation has demonstrated enhanced immunogenicity against the two most toxic Abeta species in non-human primates, positioning it to be a potential breakthrough in Abeta vaccination. We look forward to the program's continued advancement, which we believe will be accelerated by the recent validation of Abeta as a surrogate trial endpoint in AD." In addition, AC Immune is also presenting a poster on ACI-12589, a first-in-class positron emission tomography imaging tracer targeting a-syn that is being developed as a first-in-class diagnostic for Parkinson's disease.
DKNG

Hot Stocks

07:48 EDT DraftKings, Sports & Social enter agreement to create upscale sports bars - DraftKings announced a strategic new relationship to create upscale Sports & Social/DraftKings sports bars beginning in the Nashville and Detroit markets, pending regulatory approvals. The Sports & Social/DraftKings venues will be designed by ICRAVE. "Today, so much of sports betting is focused on the mobile-technology aspect, however the in-person experience is an integral layer that we look forward to advancing alongside Sports & Social's premier dining and entertainment offerings," said Ezra Kucharz, chief business officer at DraftKings. "By aligning with one of the fastest-growing entertainment concepts in the country, we now have the opportunity to bring our world-class products to life by offering engaging, interactive and fan-first destinations to skin-in-the-game customers."
ICE

Hot Stocks

07:47 EDT Intercontinental Exchange sees Q3 recurring revenue $870-$885M
ALEAF

Hot Stocks

07:47 EDT Aleafia Health appoints Mark Sandler as board chair - Aleafia Health is pleased to announce the appointment of Mark Sandler as Chairman of its Board of Directors. He is the longest serving member of the Company's board, which is composed entirely of independent directors, and chairs its Governance Committee. Currently senior partner at Cooper, Sandler, Shime, & Bergman LLP, Mr. Sandler is a leading appellate and trial lawyer, as well as an adjudicator and mediator in regulatory matters, including securities litigation. He served three terms as an elected member of the Law Society of Ontario's governing body.
PCRX

Hot Stocks

07:46 EDT Pacira announces new analysis on iovera, reduces opioid use, pain scores - Pacira BioSciences announced new data on the ability of the iovera degrees system to reduce pain, opioid consumption, and length of stay following total knee arthroplasty. The findings show that patients receiving preoperative iovera degrees as part of a multimodal pain management protocol reduced both opioid intake and in-hospital pain while optimizing outcomes during the 6-week recovery period after TKA. The results of the study, A Multimodal Pain Management Protocol Including Preoperative Cryoneurolysis for Total Knee Arthroplasty to Reduce Pain, Opioid Consumption, and Length of Stay, were published in Arthroplasty Today. This retrospective analysis utilized data from patients who underwent TKA by a single surgeon at one center. Patients who received iovera degrees before TKA were compared with a historical control group including patients who underwent TKA without iovera degrees. Results showed that patients undergoing TKA who received iovera degrees compared to those who did not demonstrated a significant: decrease in daily opioid consumption, as the iovera degrees group had 51% lower daily morphine milligram equivalents than the control group; decrease in mean and maximum pain scores; decrease in average hospital LOS; and greater range of motion, as indicated by greater flexion degree at discharge.
LABP

Hot Stocks

07:44 EDT Landos Biopharma expects cash to fund operations through end of 2023 - As of June 30, 2021, the company had cash, cash equivalents and marketable securities of $115.1 million, which it believes will be sufficient to fund its planned operations through the end of 2023. This amount includes the $18 million upfront cash payment associated with the LianBio development and commercialization agreement.
ONCR MRK

Hot Stocks

07:42 EDT Oncorus appoints Barbara Yanni to board of directors - Oncorus (ONCR) announced the appointment of Barbara Yanni to fill a vacancy on its Board of Directors. Since her retirement from Merck & Co. (MRK) in 2014, where she served as Vice President and Chief Licensing Officer, Ms. Yanni has served as a director of multiple publicly traded and privately held biopharmaceutical companies.
JUSHF

Hot Stocks

07:42 EDT Jushi Holdings expands partnership with Laundry Project - Jushi Holdings announced it has expanded its partnerships with the Laundry Project, a movement by Current Initiatives, a 501(c)(3) not-for-profit charitable organization that is committed to educating and mobilizing communities to be "Hope Dealers" through the Laundry Project, Hope For Homes Project and Affordable Christmas initiatives. To date, the Jushi-Laundry Project collaboration has already hosted seven events, which have helped more than 161 families and approximately an average of 570 individuals with more than 2,300 loads of laundry. As a part of the expanded partnership with the Laundry Project, Jushi has committed an additional $50,000 to fund events coast-to-coast assisting lower-income families in meeting a basic need: washing clothes and linens. Together, Jushi and the Laundry Project will help pay for and assist families with laundry services, entertaining children and creating a caring space at the laundromat during their events. The Company's latest contribution to the organization will be used to host 25 community events in states such as California, Pennsylvania, Illinois, Virginia, among others.
ADS

Hot Stocks

07:38 EDT Alliance Data reports June net charge offs 4.8% vs. 5.2% last month - Reports June delinquency ratio 3.3% vs. 3.2% last month.
HYZN

Hot Stocks

07:37 EDT Hyzon Motors partners with RenewH2 for liquid hydrogen fueling station - Hyzon Motors signed a memorandum of understanding with RenewH2, a U.S.-based sustainable hydrogen production, liquefaction, distribution and dispensing company, to collaborate on the supply and demand side of liquid hydrogen production. RenewH2 plans to reform biogenic methane gas to generate hydrogen. The hydrogen would then be liquefied and delivered to hydrogen fueling stations, which are expected to be developed in collaboration with Hyzon. Through this collaboration, the stations can be located near Hyzon customers to help provide consistent demand for the fuel. The greater range means fewer fueling stations, thereby reducing the need for liquid hydrogen to be transported to many locations. In addition, the refueling infrastructure capital and operating costs are expected to be lower when compared to gaseous hydrogen, due to the elimination of the compression and refrigeration equipment. RenewH2 is expected to begin producing hydrogen in its Wyoming facility in 2023, with ultimate capacity of 300 tons per day using steam methane reformer units. In addition to producing liquid hydrogen, RenewH2 expects to store and deliver the fuel.
BCEL

Hot Stocks

07:32 EDT Atreca presents initial clinical data from Phase 1b trial of ATRC-101 - Atreca announced initial data from the dose escalation portion of its ongoing Phase 1b trial evaluating ATRC-101 in select solid tumor types that displayed greater than 50% target expression in preclinical studies. The Phase 1b trial is a first-in-human, open-label study of ATRC-101 in patients with select solid tumor cancers, utilizing a 3+3 design for the dose escalation portion. The objectives of the study are to characterize safety, determine a maximum tolerated or recommended dose for expansion, measure initial clinical activity, and characterize potential biomarkers of activity in tumors, plasma, and peripheral blood mononuclear cells. A total of 26 participants had been dosed in the trial as of the data cut-off date of July 16th, including 24 participants treated at five once-every-21-day dose levels, and two participants treated at one once-every-14-day dose level. The peak concentration of ATRC-101 was dose proportional and minimal accumulation was observed following multiple doses. ATRC-101's half-life was 10.5 days and was relatively consistent across all dose levels. ATRC-101 was generally well-tolerated, with no dose-limiting toxicities at doses less than or equal to 30 mg/kg. Respiratory failure and sepsis were the only grade greater than or equal to 3 AEs observed in more than one participant, and the one grade 4 treatment-emergent AE observed was a case of acute respiratory failure. The most common treatment-related AEs were fatigue, nausea, and tumor pain. Phase 1b monotherapy dose expansion is ongoing at 30 mg/kg, a combination study evaluating ATRC-101 with pembrolizumab is active and another combination study with pegylated liposomal doxorubicin is expected to begin enrolling patients in 4Q21. Atreca expects to report additional monotherapy data by mid-2022, pembrolizumab combination data in mid-2022 and chemotherapy combination data in late 2022. Supported by data from the dose escalation portion of the trial, Atreca is developing a diagnostic to select patients based on target expression
TW

Hot Stocks

07:31 EDT Tradeweb Markets sees FY21 CapEx $49M - $53M - Sees acquisition and Refinitiv Transaction related depreciation and amortization expense $124M.
AWR

Hot Stocks

07:30 EDT American States Water increases quarterly dividend to 36.5c per share - The board of American States Water approved an increase in the company's third quarter cash dividend from 33.5c per share to 36.5c per share on the common shares of the company. Dividends on the common shares will be payable on September 1 to shareholders of record at the close of business on August 16.
CRON

Hot Stocks

07:29 EDT Cronos Group launches dual-flavor cannabis gummies - Cronos Group announces the launch of SOURZ by Spinach, a new line of cannabis gummies with dual flavor combinations featuring proprietary flavor masking technology. SOURZ by Spinach gummies were developed by Cronos Group's team of professional chefs, food scientists, consumer packaged goods experts and cannabis leaders. Each package contains five gummies with 2 mg of THC in each gummy.
IDCC LNVGY

Hot Stocks

07:29 EDT InterDigital wins patent verdict against Lenovo in UK - InterDigital (IDCC) announced a judgment from the UK's High Court that Lenovo (LNVGY) has infringed one of the company's patents and that the patent-in-suit is valid and essential to the 4G LTE standard. InterDigital initiated legal proceedings against Lenovo in the U.K. and in U.S. district court in 2019. This decision is the first from five technical trials that are scheduled to proceed before the UK High Court with an additional trial to establish fair, reasonable and non-discriminatory licensing terms scheduled for January 2022.
ALLE

Hot Stocks

07:29 EDT Allegion acquires European software companies, terms undisclosed - Allegion has acquired, through its subsidiaries, certain assets of Astrum Benelux B.V. as well as privately held WorkforceIT B.V. Astrum Benelux B.V. and WorkforceIT B.V. are workforce management technology companies in the Benelux region of Europe. Astrum Benelux B.V. is a long-standing sales, distribution and development partner for both Allegion and its European workforce management brand, Interflex. Astrum Benelux B.V. and WorkforceIT B.V. serve as authorized Benelux region resellers of Interflex's SP-EXPERT software, a modern and flexible advanced workforce management solution that allows users to schedule and deploy employees to the right place at the right time.
HBAN

Hot Stocks

07:28 EDT Huntington Bancshares targeting annual revenue growth slightly above nominal GDP - Targeting lower half of the long-term CET1 operating range. Medium-term financial goals include: Return on tangible common equity 17%+, 56% efficiency ratio, positive operating leverage, and CET1 ratio of 9%-10%. Comments taken from Q2 earnings conference call presentation slides.
MRK

Hot Stocks

07:28 EDT Merck reports Q2 KEYTRUDA sales grew 23% to $4.2B - In Q2: KEYTRUDA Sales Grew 23% to $4.2B; Excluding the Impact from Foreign Exchange, Sales Grew 20% GARDASIL/GARDASIL 9 Sales Grew 88% to $1.2B; Excluding the Impact from Foreign Exchange, Sales Grew 78%. Animal Health Sales Grew 34% to $1.5B; Excluding the Impact from Foreign Exchange, Sales Grew 27%.
GILT

Hot Stocks

07:27 EDT Gilat Satellite receives multi-million dollar award from US Army to supply BUCs - Gilat Satellite Networks announced a multi-million-dollar award by the US Army to supply high-performance BUCs for tactical communications. Gilat's fully owned subsidiary, Wavestream, to supply additional 50W Ka-band BUCs for program sustainment that is well into its second decade. Wavestream's Matchbox 50Ka MIL was originally fielded by the US Army in WIN-T Increment 1 as early as 2007 and is still active in service today.
EBS JNJ

Hot Stocks

07:26 EDT Emergent BioSolutions to resume manufacturing COVID-19 vaccine at Bayview - Emergent BioSolutions (EBS) announced that the U.S. Food and Drug Administration is allowing Emergent's Bayview manufacturing facility to resume production of Johnson & Johnson's (JNJ) Covid-19 vaccine bulk drug substance. This resumption of manufacturing follows extensive reviews by FDA, weeks of diligent work, and close coordination with J&J and FDA to execute on Emergent's quality enhancement plan. Since production was paused at Bayview, Emergent has worked closely with FDA and J&J to address quality concerns including developing and executing an action plan and committing extensive resources to bring operations up to FDA's exacting standards. Emergent expects to continue to work with FDA throughout the manufacturing process to help ensure the strength of the J&J Covid-19 vaccine supply chain.
CTG

Hot Stocks

07:26 EDT Computer Task Group sees year-over-year revenue growth - Given the evolving global impacts of the COVID-19 pandemic which has led to limited visibility on CTG's end markets and clients, the company is not providing formal quarterly or annual guidance at this time. The company does however expect continued year-over-year revenue growth and operating profit improvement driven by an increasing mix of Solutions revenue, partially offset by the ongoing strategic disengagement from lower-margin Staffing business.
QNTA

Hot Stocks

07:25 EDT Medolife Rx cancels optional reverse split previously included in filing - Medolife, which is a majority owned subsidiary of Quanta, cancelled an optional reverse split of shares that was included in a recent 14C filing. After consultation with legal counsel, the Board of Directors and management have concluded that it is in the best interest of the company and its shareholders to cancel the option to do reverse split of shares which was included in the 14C filed on 6/21/21. An 8K will be filed later today confirming this cancellation. "We take the responsibility we have to our shareholders very seriously and believe this to be the best course of action for our company," said Medolife CEO Dr. Arthur Mikaelian. "We held a very informative webcast on Tuesday 7/27 where we covered many of the exciting things that are happening with our company, and we highly encourage our followers to take a moment to watch it. We are in the process of building a global biotechnology company and our future could not be brighter. Thank you to the investment community for its continued support and we look forward to sharing further updates with you all soon."
AVXL

Hot Stocks

07:24 EDT Anavex announces new data on ANAVEX 2-73 - Anavex Life Sciences reported new data that established ANAVEX 2-73 to be a preventive treatment in the pharmacological model of Alzheimer's disease. Pre-treatment with ANAVEX 2-73, repeated once daily for one week before the Abeta challenge was protective in the Abeta25-35 peptide model of Alzheimer's disease in mice. ANAVEX 2-73 significantly and dose-dependently prevented Abeta25-35-induced biomarker-correlated cognitive impairments, which were assessed one week after the Abeta insult during which no further ANAVEX 2-73 treatment took place. ANAVEX 2-73 activates the sigma-1 receptor. "We are excited about this data, which indicates the potential expansion for the ANAVEX 2-73 platform to find an effective Alzheimer's prevention therapy, which might benefit the entire field," said Christopher U. Missling, PhD, President & Chief Executive Officer of Anavex. "In addition to finding treatment options for Alzheimer's disease, we are also striving to find effective prevention therapies for this devastating disease, and this data might help advance this endeavor to address an area of high unmet medical need." This data seems to be consistent with the effect of ANAVEX 2-73 on cognition assessed in the recently completed placebo-controlled Phase 2 study of 132 patients with Parkinson's disease dementia with once-daily administration of oral 30 mg ANAVEX(R)2-73, 50 mg ANAVEX 2-73 and placebo for 14 weeks.
PSEC

Hot Stocks

07:24 EDT Prospect Capital funds $202M in senior secured floating rate term loans - Prospect Capital Corporation announced that Prospect has funded total commitments of $202 million, comprised of a $49 million first lien senior secured floating rate term loan and a $153 million second lien senior secured floating rate term loan to support the refinancing of PGX Holdings a portfolio company of H.I.G. Capital, LLC.
LODE

Hot Stocks

07:23 EDT Comstock Mining forms joint venture with Lakeview Energy - Comstock Mining announced the execution of a series of agreements with Lakeview Energy and its subsidiaries, pursuant to which the company acquired 50% of the equity of Lakeview's subsidiary, LP Biosciences, and agreed to provide the financing needed to retrofit LPB's pre-existing industrial scale solvent extraction and valorization facility in Merrill, Iowa, for the production of an array of wholesale products from up to 200,000 pounds per day of industrial hemp. Comstock issued 3,500,000 restricted shares of its common stock to LPB in connection with its acquisition and financing commitments, and simultaneously acquired 100% of MANA Corporation, an industrial hemp technology development, marketing, and management company, for 4,200,000 restricted shares of Comstock common stock.
HSY

Hot Stocks

07:22 EDT Hershey raises quarterly dividend 12% to 90.1c per share - The Board of Directors of The Hershey Company announced quarterly dividends of 90.1c on the common stock and 81.9c on the Class B Common Stock, an increase of approximately 12%, or $0.097 and $0.088 per share, respectively. The dividends were declared July 23, and are payable September 15 to stockholders of record August 20. It is the 367th consecutive regular dividend on the Common Stock and the 148th consecutive regular dividend on the Class B Common Stock.
AKTS

Hot Stocks

07:21 EDT Akoustis receives two design wins from CBRS cutomer - Akoustis Technologies announced that it has received two design wins and a volume pre-production order for its 3.6 GHz XBAW Citizens Broadband Radio Service filter for 5G network infrastructure base stations as well as customer premise equipment. This is the second and third design win in CBRS for Akoustis, and the Company remains in active discussions with over 10 CBRS equipment makers. This customer plans to use the Akoustis XBAW filters for qualification in fixed wireless base station equipment and CPE devices, both of which are expected to enter production in early calendar 2022. Both the base station and CPE applications are expected to use multiple Akoustis XBAW devices.
DIDI

Hot Stocks

07:21 EDT DiDi says WSJ report about considering going private 'not true' - DiDi Global noted a Wall Street Journal article published today saying the company is considering going private. "The company affirms that the above information is not true. The company is fully cooperating with the relevant government authorities in China in the cybersecurity review of the company," DiDi stated in a press release.
BABYF

Hot Stocks

07:19 EDT Else Nutrition launches clinical study on plant-based nutrition - ELSE NUTRITION HOLDINGS announces the launch of a clinical study aimed at validating its toddler and kids products support growth benefits in healthy young children vs. cow-milk-based formula. The study will be led be Prof. David Fleischer, and Prof. Carina Venter from the Allergy and Immunology Center, Children's Hospital Colorado and University of Colorado Denver School of Medicine. Prof. David Fleischer, and Prof. Carina Venter are leading research in the field of food allergy prevention and working with children with food allergies. This study is part of the overall efforts to establish the scientific basis for the safety and tolerance of Else Nutrition products. It will follow healthy toddlers for four months, comparing growth and wellness versus those consuming a commercial cow milk -based toddler product.
KYMR BLUE

Hot Stocks

07:18 EDT Kymera Therapeutics appoints Karen Weisbach as VP, people and culture - Kymera Therapeutics (KYMR) announced the appointments of Karen Weisbach, as Vice President, People and Culture, and Jolly Bhatia as Vice President, Quality. Prior to Kymera, she served in human resource leadership roles at bluebird bio (BLUE), including building and leading the global People Partner function responsible for driving talent and organizational strategies with an emphasis on employee engagement, development, and performance. Prior to Kymera, Bhatia served in quality leadership roles at X4 Pharmaceuticals, Inc., Alnylam Pharmaceuticals, Inc., and Genzyme Corporation.
HBAN

Hot Stocks

07:16 EDT Huntington Bancshares announces $800M share repurchase program - The Board of Directors approved an $800M share repurchase authorization for the next four quarters.
EVLO

Hot Stocks

07:15 EDT Evelo Biosciences announces expected milestones - EDP1815 - Psoriasis; data anticipated to be reported in 3Q 2021; Data from Phase 2b dose-ranging trial; Data from Phase 1b cohorts with tablets and capsules. EDP1815 - Atopic Dermatitis; Start of Phase 2 trial in 3Q 2021; Data from Phase 2 trial anticipated in 3Q 2022. EDP1867 - Atopic Dermatitis; Interim data from Phase 1b trial anticipated in 4Q 2021. EDP2939 - Inflammation; Initiation of clinical development in 2022. EDP1908 - Oncology; Initiation of clinical development in 2022.
CMCSA CMCSK

Hot Stocks

07:13 EDT Comcast reports Q2 total customer relationships increased 294,000 to 33.8M - The company said, "Residential customer relationships increased by 277,000 and business customer relationships increased by 17,000. Total broadband customer net additions were 354,000, total video customer net losses were 399,000 and total voice customer net losses were 108,000. In addition, Cable Communications added 280,000 wireless lines in the quarter."
KEX

Hot Stocks

07:13 EDT Kirby announces planned retirement of CFO William Harvey - On July 27, 2021, William Harvey, currently Kirby's Executive Vice President and Chief Financial Officer, informed the Company that he intends to retire in the 2022 first quarter. Mr. Harvey will continue to serve in his role until his successor is named in order to ensure a smooth transition of his duties. The Company thanks Mr. Harvey for his years of service and dedication to Kirby's success.
GNCA

Hot Stocks

07:10 EDT Genocea expects cash, cash equivalents to fund operations to the end of 2022 - As of June 30, 2021, cash and cash equivalents were $60.4M compared to $79.8M as of December 31, 2020.
AGIO

Hot Stocks

07:07 EDT Agios Pharmaceuticals provides update on key upcoming milestones - Initiate two Phase 3 studies of mitapivat, ENERGIZE and ENERGIZE-T, in not regularly transfused and regularly transfused adults with thalassemia, by year-end; initiate Phase 2/3 study of mitapivat in sickle cell disease by year-end; and host investor day in fourth quarter to share more information about commercial launch planning for mitapivat in PK deficiency and research and development pipeline.
ICPT

Hot Stocks

07:05 EDT Intercept reiterates FY21 Ocaliva net sales view of $325M-$340M - The company said, "We are reiterating our full year 2021 non-GAAP adjusted operating expense guidance of between $380 million to $410 million."
LCI

Hot Stocks

07:05 EDT Lannett enters exclusive distribution agreement for Spiriva Handihaler - Lannett announced that it has entered into an exclusive U.S. commercialization agreement for a therapeutically equivalent generic of Spiriva Handihaler with Respirent Pharmaceuticals. The 10-year term of the agreement commences upon distribution of the product. U.S. sales of Spiriva Handihaler were $1.5B for the 12 months ending May, 2021 according to IQVIA, although actual generic market values are expected to be lower.
EC

Hot Stocks

07:04 EDT Ecopetrol opposes preliminary injunctive relief filed against sale of ISA - Ecopetrol reported that it filed a statement in opposition to the preliminary injunctive relief requested within a public action to which it was named as defendant by means of a judicial order notified on July 21. The company said, "The accion popular is being processed by the First Section of the Administrative Court of Cundinamarca and was filed by Fundacion Defensa de la Informacion Legal y Oportunidad - Dilo Colombia. The claimant is requesting the Court to issue a preliminary injunctive relief measure to cause the Ministry of Finance and Public Credit and Ecopetrol "... to refrain from continuing the process to sell the Nation's share ownership in ISA to Ecopetrol ..." Ecopetrol opposes to the injunctive relief on the grounds that the claim has no legal basis. In its statement, Ecopetrol exposes the technical, financial, and legal arguments that show that Fundacion Dilo Colombia did not comply with the legal requirements for said preliminary injunctive relief measure to be granted. In addition, Ecopetrol explained that the potential sale of the Nation's ownership in ISA is allowed by Colombian legislation, maximizes benefits to the Nation and to Ecopetrol, and does not threaten or violate any of the collective rights invoked by the claimant. Ecopetrol will continue to defend the legality of the potential ISA transaction in all stages of the judicial process described herein."
TROW

Hot Stocks

07:04 EDT T. Rowe Price CEO Bill Stromberg to retire, Rob Sharps to succeed - T. Rowe Price Group announced that Bill Stromberg, chair of the Board of Directors, CEO, and chair of the firm's Management Committee, will retire from his roles at the company on December 31, 2021, after 35 years at the firm. He will continue to serve on the Board as non-executive chair. Effective January 1, 2022, Rob Sharps, T. Rowe Price's current president, head of Investments, group chief investment officer, and a member of the firm's Management Committee, will succeed Stromberg. Sharps will become president and CEO and take over as chair of the Management Committee. He will also join the Board of Directors at that time. Sharps is a 24-year veteran of the firm and an astute investor whose role and influence have broadened significantly in recent years as he has taken a more active role in corporate strategy, product development, key client relationships, and other enterprise initiatives.
CARR

Hot Stocks

07:02 EDT Carrier Global announces $1.75B share repurchase authorization
SAH

Hot Stocks

06:58 EDT Sonic Automotive to explore strategic alternatives for EchoPark business - Sonic said, "As a result of the success of the EchoPark strategy and our confidence in our runway for continued expansion, Sonic's Board of Directors, working together with financial and legal advisors, has initiated a review process to evaluate potential strategic alternatives for its EchoPark business. The Company is considering a full range of potential alternatives with respect to its EchoPark business. No timetable has been established for the completion of the review, and the review may not result in any transaction. The Company does not intend to disclose further developments with respect to its review process unless and until its Board approves a specific action or otherwise concludes the review."
TPX

Hot Stocks

06:56 EDT Tempur Sealy increases quarterly dividend nearly 30% to 9c per share - Tempur Sealy announced that its board of directors has declared a third quarter cash dividend on its common stock of 9c per share. The dividend is payable on August 26 to shareholders of record as of August 12.
PBF

Hot Stocks

06:48 EDT PBF Energy sees FY21 capital expenditures $400M-$450M - The company said, "We increased rates at our refineries in the second quarter in response to greater demand for our products and, in the third quarter, we expect to remain responsive to market conditions. For the third quarter, we expect total throughput regionally as follows: East Coast to average 250,000 to 270,000 barrels per day ("bpd"); Mid-Continent to average 150,000 to 160,000 bpd; Gulf Coast to average 165,000 to 175,000 bpd; and West Coast to average 280,000 to 300,000 bpd. The throughputs are reflective of planned work expected to take place in the third quarter at our Torrance and Delaware City facilities."
EADSY

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06:43 EDT Airbus sees 600 commercial aircraft deliveries in 2021 - Targets EBIT Adjusted EUR 4B; FCF before M&A and customer financing EUR 2B.
BUD

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06:39 EDT AB InBev sees FY21 EBITDA up 8%-12%, revenue ahead of EBITDA - The company said: "We expect our EBITDA to grow between 8-12% and our revenue to grow ahead of EBITDA from a healthy combination of volume and price. We expect the normalized ETR in FY21 to be in the range of 28% to 30%, excluding any gains and losses relating to the hedging of our share-based payment programs. We expect net capital expenditure of between 4.5 and 5.0 billion USD in FY21 as we are increasing investments in innovation and other consumer-centric initiatives to fuel our momentum."
SNY

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06:35 EDT Sanofi now sees FY21 business EPS up around 12% at CER - Sanofi now expects 2021 business EPS to grow around 12% at CER, barring unforeseen major adverse events. Applying average July 2021 exchange rates, the currency impact on 2021 business EPS is estimated to be between -4% to -5%.
DANOY

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06:33 EDT Danone expects to buy back up to EUR800M worth of shares in 2H21
CS

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06:33 EDT Credit Suisse publishes report on independent investigation into Archegos - Credit Suisse Group published the report based on the independent external investigation into Archegos Capital Management, which was commissioned by the Board of Directors and supervised by a special committee of the Board. Over the past months, at the direction of the Board of Directors, Paul, Weiss, Rifkind, Wharton & Garrison LLP and its expert advisors conducted a comprehensive review of Credit Suisse's relationship with Archegos following the US hedge fund's default on March 25, 2021. The review consisted of more than 80 interviews with current and former Credit Suisse employees as well as the collection of more than 10 million documents and other data. Among some of the key conclusions, the investigation found a failure to effectively manage risk in the Investment Bank's Prime Services business by both the first and second lines of defense as well as a lack of risk escalation. In the same business, it also found a failure to control limit excesses across both lines of defense as a result of an insufficient discharge of supervisory responsibilities in the Investment Bank and in Risk, as well as a lack of prioritization of risk mitigation and enhancement measures. However, the investigation also found that this was not a situation where the business and risk personnel engaged in fraudulent or illegal conduct or acted with ill intent. Nor was it one where the architecture of risk controls and processes was lacking, or the existing risk systems failed to operate sufficiently to identify critical risks and related concerns. Under the leadership of the Tactical Crisis Committee of the Board - which consists of the Chairman of the Board, the Chair of the Audit Committee, the Chair of the Risk Committee, and the Chair of the Conduct and Financial Crime Control Committee - and in close collaboration with the Group Chief Executive Officer and selected members of senior management, including the ad interim Chief Risk Officer, the Chief Financial Officer, the General Counsel, the ad interim Chief Compliance Officer, the new CEO of the Investment Bank Division, and the Head Internal Audit, the bank has already implemented a series of key recommendations. These implementation steps have included several changes in senior leadership at the Investment Bank, including in the Prime Services business, and initiating the recruitment of additional resources for the Risk function. Furthermore, over the past months, a review of all large group-wide exposures and a revision of limit excess controls and escalation requirements has been conducted. A number of risk-governance bodies have been reviewed and upgraded, and a reduced risk appetite across the organization has been implemented together with additional approval requirements for all material transactions. Through this exercise, the bank has significantly reduced the risk-weighted assets and leverage exposure in the Prime Services business while increasing margin requirements, and all hedge fund clients have been moved to dynamic margining. In addition, the bank has commissioned a review of double-hatted roles. A key aspect of the overall review considered individual accountability, with subsequent actions taken on 23 individuals. These actions include termination of employment and severe monetary penalties totaling approximately USD 70 mn in the aggregate via compensation adjustment tools encompassing up to 100% malus. The bank will provide a full accounting of the implicit and explicit compensation consequences for the Archegos incident in the Compensation Report after the close of the year. Finally, earlier this week, the bank announced the appointment of David Wildermuth as the new CRO, joining from Goldman Sachs and bringing a wealth of relevant risk management experience with him. He will commence his new role in early 2022. Until then, and as originally planned and announced in early April 2021, Joachim Oechslin, will continue as ad interim CRO. Joachim Oechslin and Richard Meddings, the ad interim Chair of the Risk Committee, have both been instrumental in leading and implementing the above described risk management improvement steps.
DANOY

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06:32 EDT Danone: FY recurring operating margin to be broadly in line with 2020
DANOY

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06:32 EDT Danone sees returning to profitable growth in 2H
UUUU

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06:31 EDT Energy Fuels enters alliance agreement with RadTran for cancer therapeutics - Energy Fuels announced the execution of a strategic alliance agreement with RadTran to evaluate the recovery of thorium, and potentially radium, from the company's existing rare earth carbonate and uranium process streams for use in the production of medical isotopes for emerging targeted alpha therapy cancer therapeutics. This initiative will complement the company's existing uranium and RE Carbonate businesses, as it will investigate the recovery of isotopes in existing process streams at Energy Fuels' White Mesa Mill in Utah for medical purposes. RadTran is a Denver, Colorado-based technology development company focused on closing critical gaps in the procurement of medical isotopes for these applications.
CS

Hot Stocks

06:30 EDT Credit Suisse: CSAM focus is returning cash to investors, maximizing recoveries - The company said, "On the SCFF matter, returning cash to investors and maximizing recoveries remain CSAM's top priority. Taking into account the upcoming fourth distribution, planned for the first half of August, of approximately USD 0.4 bn, the total cash distribution to investors will stand at approximately USD 5.9 bn. Together with the cash distributed to date and cash remaining in the funds, the cash position is equivalent to approximately USD 6.6 bn, or 66%, of the funds' net asset value at the time of their suspension. With regard to the three 'focus' areas, where we expect recovery to be more complex and take more time, we are in advanced negotiations with certain debtors on restructuring to maximize recovery, and we have set up dedicated teams of more than 60 internal and external experts as part of our efforts to maximize and expedite asset recovery. In respect of our non-focus areas, we expect overall recovery of more than 90%. Finally, on insurance, we continue to work on filing insurance claims with the aid of Greensill Bank."
LYG

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06:29 EDT Lloyds Banking sees FY21 NIM around 250bps - Based on the Group's current macroeconomic assumptions: Operating costs now expected to be c.GBP 7.6 billion. Net asset quality ratio now expected to be below 10 basis points. Return on tangible equity now expected to be c.10 per cent, excluding the c.2.5 percentage point benefit from tax rate changes. Risk-weighted assets in 2021 now expected to be below GBP 200 billion.
TDOC

Hot Stocks

06:29 EDT Cathie Wood's ARK Investment bought 712K shares of Teladoc yesterday
CS

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06:26 EDT Credit Suisse reports outcome of independent investigation into Archegos matter - The company said,"The Board of Directors commissioned two externally led investigations into the Archegos and supply chain finance funds matters, both of which were supervised by a special committee. The investigation into the supply chain finance funds matter is still ongoing and is expected to be completed in 3Q21. Today we announced the outcome of the independent investigation into the Archegos matter and published the full externally-led report commissioned by the Board of Directors' special committee. A summary of the findings can be found in the separate media release published at 06.45 CEST on July 29, 2021. Select key findings from the independent investigation into Archegos include failure to: Effectively manage risk in our Prime Services business by both first and second lines of defense; Escalate risks and to control limit excesses across first and second lines of defense; Discharge supervisory responsibilities across first and second lines of defense rioritize risk mitigation and enhancement measures. However, the investigation also found that, this was not a situation where the business and risk personnel engaged in fraudulent or illegal conduct or acted with ill intent. Nor was it one where the architecture of risk controls and processes was lacking, or the existing risk systems failed to operate sufficiently to identify critical risks and related concerns. Of the selected key recommendations presented by the independent authors of the report, we have completed or are in progress of completing the following: Change leadership in the Investment Bank, including Prime Services, and Risk; Invest in additional resources to improve risk management; Clearly define roles, responsibilities and accountability; Strengthen existing processes to protect Credit Suisse from risk; Re-examine counterparty risk appetite and controls; Improve quality of risk information and access; Conduct a read-across and further improve risk culture. All of the remaining long and short positions in Archegos were exited in early June and Credit Suisse took appropriate HR-related actions, including terminations and monetary penalties. The financial impact of Archegos on Credit Suisse's pre-tax income was CHF 594 mn in 2Q21 and CHF 5.0 bn in 1H21. Moreover, Credit Suisse reserves its right to pursue claims against various third parties.
CVE

Hot Stocks

06:26 EDT Cenovus Energy still sees 2021 CapEx $2.3B-$2.7B - Raises oil sands expenditure to $100M. 2021 production guidance range for 2021 increased by 2%, including an additional 10,000 bbls/d from Lloydminster thermals and increases in Offshore, partially offset by announced asset sales in the Conventional segment.
NSRGY

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06:22 EDT Nestle sees FY21 organic sales growth 5%-6% - The underlying trading operating profit margin is now expected around 17.5%, reflecting initial time delays between input cost inflation and pricing as well as the one-off integration costs related to the acquisition of The Bountiful Company's core brands. Beyond 2021, Nestle's mid-term outlook for continued moderate margin improvement remains unchanged. Underlying EPS in constant currency and capital efficiency are expected to increase this year.
CS

Hot Stocks

06:22 EDT Credit Suisse expects more normal levels of market volumes in coming quarters - The company said, "Overall, we continue to expect more normal levels of market volumes in the coming quarters of 2021 compared to the elevated levels seen in 2020. Furthermore, for the course of the ongoing review of the Group's business strategy, we expect to continue to adopt a more conservative approach to risk. In Wealth Management, we expect recurring commissions and fees to continue to benefit from higher levels of AuM as well as increased levels of mandate penetration, together with broadly stable net interest income. For the Investment Bank, we would expect the third quarter to reflect the usual seasonal slowdown in market activity, as well as some further impact from the resizing of our Prime Services business. We have a strong M&A advisory pipeline up both sequentially and notably on a year on year basis and our pipelines across ECM and leveraged finance are also robust. The ongoing recovery in the global economy could allow us to continue to release part of our allowance for credit losses, which was built in the early months of the COVID-19 crisis last year, under the CECL accounting methodology. As we noted at the end of the first quarter, we would, though, expect the effective tax rate to remain significantly elevated for the remainder of the year. Following significant strengthening of our capital ratios in 2Q21, we continue to intend to operate with a CET1 ratio of at least 13% and a CET1 leverage ratio of at least 4%."
TMHC

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06:18 EDT Taylor Morrison sees FY21 average active community count 330-335 - Sees FY21 home closings 14,500-15,000. Sees FY21 tax rate 23%. Sees FY21 land and development spend $2B.
TMHC

Hot Stocks

06:16 EDT Taylor Morrison sees Q3 average active community count 330-335 - Sees Q3 home closings 3,300-3,500. Sees Q3 tax rate 23.5%.
FB

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06:12 EDT Facebook recalls 4M Oculus Quest 2 headset components over rash issue - Facebook is recalling about 4M Oculus Quest 2 Virtual Reality Headsets removable foam facial interfaces, included with a purchase of Oculus Quest 2 Headsets, and sold separately as a "Quest 2 Standard Facial Interface" or in a "Quest 2 Fit Pack. Additionally, about 172,600 components in Canada are being recalled. The foam facial interfaces can cause facial skin irritation and reactions including rashes, swelling, burning, itching, hives, and bumps, according to a notice posted with the CPSC. The firm has received approximately 5,716 reports of incidents of skin irritation and approximately 45 reports of consumers that required medical attention. Reference Link
OSTK

Hot Stocks

06:07 EDT Overstock.com reports active customers reached 9.2M as of June 30, up 31% y/y - Q2 highlights: Active customers reached 9.2 million as of June 30, 2021, an increase of 31% year over year. LTM net revenue per active customer was $310 as of June 30, 2021, an increase of 20% year over year. Orders delivered in the second quarter of 2021 were 3.7 million, a decrease of 22% year over year. Average order value was $213 for the second quarter of 2021, an increase of 33% year over year. Orders per active customer, measured as LTM orders divided by active customers, was 1.69 for the second quarter of 2021, compared to 1.62 for the second quarter of 2020. Orders placed on a mobile device were 49.9% of gross merchandise sales in the second quarter of 2021, compared to 52.7% for the second quarter of 2020.
MSFT

Hot Stocks

06:07 EDT Microsoft acquires Suplari; financial terms not disclosed - Microsoft has acquired Suplari, provider of supplier spend insights that enable companies to proactively manage supplier spend by transforming data from multiple sources, such as contracts, purchase orders, invoices, expenses, and supplier risk, into valuable insight, announced Frank Weigel, Dynamics 365 Insights Product Group. In a blog post, Weigel said: "By bringing Suplari's spend intelligence insights together with the existing Microsoft Dynamics 365 capabilities, Microsoft is further helping organizations become insight-driven and enabling business leaders to take strategic action. This acquisition will further empower Microsoft to help our customers turn data into actionable insights, including making comprehensive enterprise spend data and insights accessible to all." Reference Link
MDC

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06:04 EDT M.D.C. Holdings sees FY21 home deliveries 10,000-11,000
MDC

Hot Stocks

06:03 EDT M.D.C. Holdings sees Q3 home deliveries 2,500-2,700 - Sees Q3 average selling price $510,000-$520.000. Sees Q3 gross margin 23.5%.
ARES ARCC

Hot Stocks

06:03 EDT Ares Capital prices public offering - Ares Capital (ARCC) has priced a public offering of 12,500,000 shares of its common stock. Ares Capital has granted the underwriters an option to purchase up to an additional 1,875,000 shares of common stock. The offering is expected to close on August 2. The offering of the shares is being made under Ares Capital's shelf registration statement filed with the SEC on June 3. On July 28, the official close price of Ares Capital's common stock on NASDAQ was $20.38 per share. Ares Capital expects to use the net proceeds of this offering to repay certain outstanding indebtedness under its credit facilities. Ares Capital may reborrow under its credit facilities for general corporate purposes, which include investing in portfolio companies in accordance with its investment objective.
HLT

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06:02 EDT Hilton reports Q2 system-wide comparable RevPAR increased 233.8% - System-wide comparable RevPAR increased 233.8% on a currency neutral basis for the second quarter from the same period in 2020. Approved 25,900 new rooms for development during the second quarter, bringing Hilton's development pipeline to 401,000 rooms as of June 30. Added 19,800 rooms to Hilton's system in the second quarter, contributing to 17,800 net additional rooms during the period and approximately 7% annualized net unit growth from June 30, 2020.
HLT

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06:01 EDT Hilton sees FY21 net unit growth of 5%-5.5%
LKQ

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06:00 EDT LKQ Corp. announces $1B increase to stock repurchase program - LKQ Corp. announced that its board of directors has authorized a $1B increase and a two year extension to its stock repurchase program, raising the aggregate authorization under the program to $2B and authorizing repurchases through October 25, 2024. Since initiating the stock repurchase plan in October 2018, 25M shares have been repurchased for a total consideration of $830M through June 30.
VTRS

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05:54 EDT Viatris, Biocon receive FDA approval for Semglee - Viatris and Biocon Biologics announced that the FDA has approved Semglee as the first interchangeable biosimilar product under the 351(k) regulatory pathway.
REGN SNY

Hot Stocks

05:53 EDT Regeneron, Sanofi announce Dupixent trial met primary and secondary endpoints - Regeneron (REGN) and Sanofi (SNY) announced a pivotal Phase 3 trial evaluating Dupixent in patients with moderate-to-severe chronic spontaneous urticaria, or CSU, met its primary and all key secondary endpoints at 24 weeks. Adding Dupixent to standard-of-care antihistamines significantly reduced itch and hives for biologic-naive patients, compared to antihistamines alone in Study A, the first of two trials of the LIBERTY-CUPID clinical program. In the trial, adding Dupixent to standard-of-care antihistamines nearly doubled the reduction in itch and urticaria activity compared to standard-of-care alone (placebo) with continuous improvement out to 24 weeks. Patients experienced a 63% reduction in itch severity with Dupixent versus 35% with placebo, as measured by a 0-21 point itch severity scale, the primary endpoint in the U.S.; 65% reduction in urticaria activity severity with Dupixent versus 37% with placebo, as measured by a 0-42 point urticaria activity scale, the secondary endpoint in the U.S. The trial demonstrated safety results similar to the known safety profile of Dupixent in its approved indications. For the 24-week treatment period, the occurrence of treatment emergent adverse events were generally similar between the Dupixent and placebo groups. The most common adverse events were injection site reactions. The potential use of Dupixent in CSU and EoE is currently under clinical development, and the safety and efficacy have not been fully evaluated by any regulatory authority.
RHHBY

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05:50 EDT Genentech announces FDA acceptance of faricimab BLA for priority review - Genentech, a member of Roche, announced that the FDA has accepted the company's biologics license application, or BLA, under priority review, for faricimab for the treatment of wet, or neovascular, age-related macular degeneration, or AMD, and diabetic macular edema, or DME. The FDA has also accepted the company's submission for diabetic retinopathy. Faricimab will be the first and only bispecific antibody designed for the eye, if approved.
MT

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05:34 EDT ArcelorMittal announces $2.2B share buyback program - ArcelorMittal announced a new share buyback program in the amount of $2.2B under the authorization given by the annual general meeting of shareholders held on June 8. The program will commence on August 2.
RDS.A RDS.B

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05:30 EDT Royal Dutch Shell announces up to $2B share buyback program - Royal Dutch Shell announced the commencement of share buybacks as part of its move to the next phase of its capital allocation framework, which includes shareholder distributions in a range of 20%-30% of CFFO. The company has entered into an irrevocable, non-discretionary arrangement with a broker to enable the purchase of A ordinary shares and/or B ordinary shares for a period up to and including December 29. The aggregate maximum consideration for the purchase of A ordinary shares and/or B ordinary shares is $2B, of which it is expected that more than half will have been completed by the company's Q3 results, which are scheduled for October 28. The purpose of the share buybacks is to reduce the issued share capital of the company. All shares repurchased as part of this arrangement will be cancelled. The maximum number of ordinary shares which may be purchased by the company under this arrangement is 780M, which is the maximum pursuant to the authority granted by shareholders at the company's 2021 Annual General Meeting. The shares bought back under this arrangement will be whichever of the A ordinary shares and/or B ordinary shares traded in the GBP denomination is economically the least expensive on a given trading day. The broker will make its trading decisions in relation to the company's securities independently of the company. The share buybacks will be carried out on the London Stock Exchange and/or on BATS and/or on Chi-X and will be effected within certain pre-set parameters.
QH

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05:14 EDT Quhuo announces joint partnership with Shougang, Hakone - Quhuo announced its recent partnerships with Shougang and Hakone to jointly boost operations in the Beijing-Tianjin-New-City development project, a resort town about 90 kilometers from Beijing. Chengtu, a sub-division of Quhuo, officially launched the joint partnerships with Tianjin Subsidiary of Shougang and Hakone on July 10.
ACN

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05:08 EDT Accenture acquires Openmind, terms undisclosed - Accenture has acquired Openmind, a commerce agency in Italy with capabilities in cloud-based platforms, to meet client demand in the growing commerce market and deliver experiences. Terms of the transaction were not disclosed. Founded in 2004, Openmind, based in Monza, Italy, works with some of the world's luxury and fashion brands. Approximately 110 employees from Openmind will join Accenture Interactive in Italy.
VSTO

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05:06 EDT Vista Outdoor sees FY22 capital expenditures up 30% - Sees FY22 tax rate mid 20% range. Sees FY22 interest expense in line with prior year.