Stockwinners Market Radar for August 04, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

LGIH

Hot Stocks

18:40 EDT LGI Homes reports 930 home closings in July - LGI Homes announced it closed 930 homes in July 2021, up from 611 homes closed in July 2020, representing year-over-year growth of 52.2%. The company ended the first seven months of 2021 with 6,347 home closings, a 42.6% increase over 4,451 home closings during the first seven months of 2020. As of July 31, 2021, the company had 103 active selling communities.
HYMLF...

Hot Stocks

18:29 EDT Hyundai to become investor in H2 Mobility - Hyundai (HYMLF) announced that it will become an investor in H2 Mobility, a company that sets up and coordinates the nationwide hydrogen infrastructure in Germany. The Hyundai Motor Company will be represented by Hyundai Motor Deutschland GmbH at the shareholders' meeting. The Cartel Office has already given the go-ahead for participation and the registration will be formally made shortly. Hyundai is the seventh shareholder alongside the founding members Total (TOT), Shell (RDS.A), OMV (OMVKY), Linde (LIN), Air Liquide (AIQUY) and Daimler (DDAIF).
FCPT

Hot Stocks

18:14 EDT Four Corners Property Trust acquires BP/7-Eleven property for $3.7M - Four Corners Property Trust announced the acquisition of a BP / 7-Eleven branded gas station / convenience store property for $3.7M. The property is located in a strong retail corridor in Ohio and is occupied under an existing triple net lease to GPM Empire with approximately 14 years of term remaining. The transaction was priced at a 6.35% going-in cash capitalization rate, exclusive of transaction costs.
GPRK

Hot Stocks

18:07 EDT GeoPark doubles quarterly dividend to 4.1c per share from 2.1c - The dividend payable on August 31, 2021 to the shareholders of record at the close of business on August 17, 2021.
RLYB

Hot Stocks

18:05 EDT Rallybio director Hopfner buys $7.5M in company shares - Rallybio director Robert Hopfner disclosed in a regulatory filing that he had purchased 576,923 shares of company stock at $13.00 per share on August 2 for a total transaction amount of $7,499,999.
ETSY

Hot Stocks

17:52 EDT Etsy drops 13% to $175.60 after Q2 results, Q3 guidance
CBOE

Hot Stocks

17:47 EDT Cboe Global Markets reports July multiply-listed options ADV up 29% - Reports July index options ADV up 45% and Futures ADV up 56%.
CLW

Hot Stocks

17:41 EDT Clearwater Paper sees FY21 adjusted EBITDA impact of $25M-$27M - Sees raw material inflation impact of $60M to $70M in FY21, with pulp representing over half the total. Sees planned major maintenance outages $25M to $27M impact to adjusted EBITDA. Sees FY21 interest expense $36M-$38M. Sees FY21 capital expenditures $50M-$55M. Sees FY21 effective tax rate 26%-27%.
OCFC FRBA

Hot Stocks

17:38 EDT First Bank to acquire two New Jersey branch locations from OceanFirst Bank - First Bank (FRBA) and OceanFirst Bank (OCFC), the banking subsidiary of OceanFirst Financial announced the execution of a definitive agreement whereby First Bank will acquire two New Jersey branch locations from OceanFirst Bank. The terms of the agreement provide for First Bank to acquire the owned premises and equipment, all deposits associated with the branches, which totaled approximately $124M as of June 30, as well as selected performing loans totaling approximately $14 million as of June 30, 2021. The assets will be acquired at book value except for the owned premises, which will be acquired at appraised value, and the deposits will be acquired for a premium of approximately $2.5M It is expected that the current staff of the branches will become employees of First Bank. The two branches will continue operating as OceanFirst Bank branches until the transaction is approved and completed. The transaction is subject to regulatory approval and is expected to be completed during the fourth quarter of 2021.
ETH

Hot Stocks

17:38 EDT Ethan Allen to change symbol - Ethan Allen announced that it will be changing its ticker symbol from (ETH) to (ETD). Effective on August 16, the company's common shares will trade on the New York Stock Exchange under the new symbol.
EA

Hot Stocks

17:36 EDT EA says 'confident' in growth going forward - Says next year's growth expected to be fueled by "Apex Mobile" and studio acquisitions.
ADPT GH

Hot Stocks

17:33 EDT Adaptive Biotechnologies appoints Nitin Sood as chief commercial officer - Adaptive Biotechnologies (ADPT) announced the appointment of Nitin Sood to the newly created position of chief commercial officer, effective immediately. Nitin brings more than 15 years of proven commercial experience at leading life sciences and diagnostics companies, most recently at Guardant Health (GH). In this new role, Nitin will oversee sales and marketing of immunoSEQ, clonoSEQ, and T-Detect, as well as commercial operations and market access. He will report directly to Chad Robins.
PAC

Hot Stocks

17:32 EDT GAP Airports Reports July passenger traffic down 2.1% vs. last year - Grupo Aeroportuario del Pacifico, announces preliminary terminal passenger traffic figures for the month of July , which includes comparisons with the 2019 and 2020 figures to facilitate the reading and understanding of the passenger traffic trend. For July 2021, the total number of terminal passengers at GAP's 12 Mexican airports decreased by 1.6%, compared to the same period of 2019. Puerto Vallarta, Los Cabos and Tijuana presented an increase in passenger traffic of 14.4%, 11.1% and 10.7%, respectively, while the Guanajuato, Guadalajara and Hermosillo airports presented a decrease of only 13.3%, 14.4% and 14.8%, respectively, which demonstrates a positive trend in our Mexican airports. In relation to international travel restrictions, the United States requests that travelers must present a negative COVID-19 test for entry into that country; while Canada announced that with a tentative date of September 7, international flights will be reopened for people who are fully vaccinated and who meet certain conditions stated by the Government of that Country.
GVA

Hot Stocks

17:32 EDT Granite awarded $64M contract by Riverside County Transportation Department - Granite has been awarded a $64M contract for the Jurupa Road Grade Separation project by the Riverside County Transportation Department in Jurupa Valley, California. The contract award was included in Granite's second quarter committed and awarded projects. The scope of work includes separating Jurupa Road and the Union Pacific Railroad by constructing a grade separation and relocating existing rail spurs. As the daily vehicle traffic and train count continues to grow, the grade separation will improve community safety by mitigating traffic congestion, decreasing emergency vehicle response time, and reducing air pollution.
CLPT

Hot Stocks

17:31 EDT ClearPoint Neuro installs Navigation System at Hopital Fondation Rothschilld - ClearPoint Neuro announced the installation of its ClearPoint Neuro Navigation System at Hopital Fondation Rothschild in Paris, France. "We have embarked on a promising clinical trial collaboration with ClearPoint Neuro for laser interstitial thermal ablations in pediatric neurosurgical brain pathologies. The use of ClearPoint will allow the entire procedure to take place within the MRI suite, instead of moving the patient from the operating room to the MRI, as is the workflow with current commercially available systems," stated Georg Dorfmuller, Chief of Pediatric Neurosurgery at Hopital Fondation Rothschild. "Intra-procedural MRI guidance can allow a neurosurgeon to modify a planned laser probe trajectory prior to insertion, or correct probe placement if it appears suboptimal on imaging. For larger, more complex intracerebral lesions, we believe using ClearPoint will also help with the placement of more than one laser probe. The ClearPoint team has been supportive, and we are eager to begin the planned clinical trial in the very near future."
RYI

Hot Stocks

17:29 EDT Ryerson initiates cash dividend of 8c per share, authorizes share repurchase - Ryerson Holding has declared a quarterly cash dividend of 8c per share, or 32c on an annualized basis, on the company's shares of common stock. Ryerson's first dividend payment will be made on September 16 to stockholders of record as of the close of business on August 16. The Board also approved a share repurchase program authorizing the company to purchase up to an aggregate of $50M of the company's common stock over the next two-year period.
COST

Hot Stocks

17:25 EDT Costco Reports July SSS ex FX/gas impact up 5.7% - The company reported net sales for the four weeks ended August 1 were $15.21B, up from $13.04B YoY or 16.6%. For the forty-eight weeks ended August 1, 2021, the Company reported net sales of $176.30 billion, an increase of 17.8 percent from $149.66 billion last year. Reports July net sales up 16.6%.
EA

Hot Stocks

17:24 EDT EA says it will continue to invest in 'Star Wars Jedi: Fallen Order' series
CLW

Hot Stocks

17:19 EDT Clearwater Paper sees Q3 adjusted EBITDA $40M-$48M - Sees Q3 major maintenance outage impact $17M-$19M. Guidance taken from Q2 earnings conference call.
EA

Hot Stocks

17:16 EDT EA says 'Mass Effect: Legendary Edition' performed above expectations - Says delivered "very strong" results. Sees pandemic-related growth continuing well into the future. Says "Mass Effect: Legendary Edition" performed well above company expectations. Says main growth driver is live services. Says "It Takes Two" showed continued strength in Q1. Says Q1 outperformance partially driven by "It Takes Two." Comments taken from Q1 earnings conference call.
JACK

Hot Stocks

17:10 EDT Jack in the Box raises FY21 labor cost outlook to up 7%-8% from 5%-6% - Raises commodity cost outlook to 4%-5% from 1%-3%.
REGN

Hot Stocks

17:07 EDT Regeneron: NEJM publishes 'positive' Phase 3 trial results for REGEN-COV - Regeneron Pharmaceuticals announced that the New England Journal of Medicine published positive detailed results from a Phase 3 trial that assessed the ability of REGEN-COV to prevent COVID-19 infection among household contacts of SARS-CoV-2 infected individuals. The trial met its primary endpoint, reducing the risk of symptomatic infections by 81%, with a 93% reduction of symptomatic infections after the first week, and no dose-limiting toxicities observed. "This peer-reviewed NEJM publication demonstrates that REGEN-COV provides rapid and robust protection to prevent SARS-CoV-2 infection, and follows data showing that REGEN-COV maintains effectiveness against all variants of concern," said George D. Yancopoulos, M.D., Ph.D., President and Chief Scientific Officer at Regeneron. "Despite the increased uptake of vaccines, SARS-CoV-2 has not been eradicated. In addition, growing evidence suggests that a substantial number of individuals, such as the immunocompromised, will not respond satisfactorily to vaccines. Thus, we believe there is a significant need for complementary medicines such as REGEN-COV to help prevent the spread of SARS-CoV-2 infection, particularly in these immunocompromised patients."
QSR

Hot Stocks

17:07 EDT Restaurant Brands to satisfy exchange notice, commence secondary share offering - Restaurant Brands announced that Restaurant Brands International Limited Partnership, or RBI LP, had received an exchange notice from HL1 17 LP - the "Selling Shareholder"-, an affiliate of 3G Capital Partners, to exchange 9,608,744 Class B exchangeable limited partnership units of RBI LP. RBI LP intends to satisfy this notice with the delivery of an equal number of common shares of RBI. The Selling Shareholder has commenced an underwritten registered public offering of 9,608,744 common shares. The Selling Shareholder expects to enter into a forward sale agreement with Morgan Stanley , the forward counterparty, with respect to 9,608,744 common shares. In connection with the forward sale agreement, the forward counterparty or its affiliates are expected to borrow and sell to the underwriter an aggregate of 9,608,744 common shares that will be delivered in this offering. Upon settlement of the forward sale agreement, The Selling Shareholder will receive, in cash, the public offering price of the 9,608,744 common shares, less underwriting discounts and commissions, subject to certain adjustments as provided in the forward sale agreement. The settlement of the forward sale agreement and the Exchange is expected to occur on or before August 24. The aggregate number of Exchangeable Units and common shares will not change as a result of the transactions.
DDOG

Hot Stocks

17:04 EDT Datadog launches Datadog Cloud Security Platform - Datadog launched the Datadog Cloud Security Platform. This new offering enables organizations to use a single platform to correlate security insights with monitoring data across infrastructure, network and application tiers, providing Security teams with the visibility they need to understand and respond to potential threats faster. Datadog's Cloud Security Platform enables DevOps and Security teams to access a shared source of truth supported by a common data model.
DRH

Hot Stocks

17:02 EDT DiamondRock acquires hotel and resort for $108.6M - DiamondRock has acquired the Bourbon Orleans Hotel, a lifestyle boutique hotel on Bourbon Street in the French Quarter of New Orleans, Louisiana, and Henderson Park Inn, a beachfront resort situated on the Emerald Coast in Destin, Florida. The combined purchase price for the two hotels is $108.6 million. Inclusive of transaction costs, the total investment is $117.4M. Total investment in the 220-room Bourbon Orleans Hotel represents a 7% capitalization rate on 2019 net operating income. The Hotel recently reopened and is expected to generate approximately a 6.3% NOI yield in 2022 and is underwritten to achieve a stabilized 8% NOI yield. The investment in the 37-room Henderson Park Inn was acquired for nearly a 7% capitalization rate on trailing 12-month NOI and is also expected to achieve an 8% yield after the implementation of new professional management and best practices. Both acquisitions were funded with cash proceeds from dispositions closed in the second quarter and the properties are expected to generate positive cash flow in 2021.
NEX

Hot Stocks

16:58 EDT NexTier Oilfield to acquire Alamo Pressure Pumping for $268M - NexTier Oilfield Solutions announced that it has reached an agreement to acquire 100% of the ownership interests of Alamo Pressure Pumping for a transaction valuation of approximately $268M, as further described below. The transaction is expected to be completed by August 31, subject to customary closing conditions and approvals. Alamo, founded in 2017 and headquartered in Midland, Texas, is a leading Permian pressure pumper based on next generation horsepower and active fleets. Acquired assets include 9 hydraulic fracturing fleets comprised of 460,000 horsepower, approximately 92% of which is Tier IV DGB capable. Alamo operates exclusively in the Permian Basin and primarily out of Midland. Alamo achieved $68M of EBITDA in 2020.
FORR

Hot Stocks

16:56 EDT Forrester names Chris Finn as new CFO - Forrester announced the appointment of Chris Finn as CFO, effective September 13. Finn joins Forrester from LogMeIn, where he led financial planning and analysis and procurement as vice president. With extensive experience across all finance functions, including corporate strategy, finance operations, and investor relations, he will help the company accelerate its financial performance and achieve its goal of sustained double-digit contract value growth.
EVH

Hot Stocks

16:54 EDT Evolent Health to acquire Vital Decisions for $85M - Evolent Health and WindRose Health Investors announced that they have entered into a definitive agreement for Evolent to acquire WindRose's portfolio company Vital Decisions for $85M, with an additional earn out of up to $45M. Vital Decisions will report into Evolent's specialty management offering, New Century Health, and will be consolidated into Evolent's Clinical Solutions segment. Founded in 2006, and headquartered in New Jersey, Vital Decisions is a leading provider of technology-enabled advance care planning services, ensuring that the care of individuals with serious illness aligns with their values and changing preferences throughout every step of their health journey and, in particular, as they approach the end of life.
UBER...

Hot Stocks

16:53 EDT Uber to evaluate positions in DiDi, Zomato, Grab, Aurora, Joby
HCC

Hot Stocks

16:53 EDT Warrior Met Coal not providing FY21 guidance - The company states: "Due to ongoing uncertainty related to negotiations with the UMWA, the Chinese ban on Australian coal and other potentially disruptive factors, Warrior will not be providing full year 2021 guidance at this time. The Company expects to return to providing guidance once there is further clarity on these issues. Warrior continues to appropriately adjust its operational needs, including managing expenses, capital expenditures, working capital, liquidity and cash flows. The Company has delayed the development of the Blue Creek project and its Stock Repurchase Program also remains temporarily suspended, while it focuses on preserving cash and liquidity."
RILY

Hot Stocks

16:53 EDT B. Riley Financial acquires 272 Capital, terms not disclosed - B. Riley Financial announced it has acquired the investment advisory business of 272 Capital L.P. Led by Wes Cummins, the growing registered investment advisor employs an in-depth primary fundamental research approach to its long/short investment thesis, specializing in small cap equity securities. This addition closely aligns with B. Riley's focus on active small cap management and serves to complement both firms' investment offerings for institutional and individual high-net-worth clients.
UBER

Hot Stocks

16:51 EDT Uber: New driver sign ups increased 30% in July m/m
UBER

Hot Stocks

16:48 EDT Uber still seeing impacts from Covid-19
ACAD

Hot Stocks

16:48 EDT Acadia Pharmaceuticals cuts FY21 NUPLAZID net sales guidance to $480M-$515M - The company states: "NUPLAZID net sales guidance is decreased to $480 to $515 million from the previous range of $510 to $550 million as a result of the continued impact of the pandemic with fewer Parkinson's disease patient office visits and lower occupancy rates at long-term care facilities, as well as a revised gross-to-net expectation of approximately 20% compared to prior expectation of high teens."
UBER

Hot Stocks

16:48 EDT Uber expects to achieve total company EBITDA profitability in Q4
TRNO

Hot Stocks

16:48 EDT Terreno Realty raises quarterly dividend 17.2% to 34c per share - Terreno Realty declared a regular cash dividend for the quarter ending September 30, 2021 of $0.34 per common share; an increase of 17.2% over the prior dividend level. The dividend will be payable on October 15, 2021 to common stockholders of record at the close of business on October 1, 2021.
UBER

Hot Stocks

16:47 EDT Uber expects to start delivering on Postmates synergy targets in Q3
UBER

Hot Stocks

16:47 EDT Uber expects to start delivering on Postmates syngery targets in Q3
CHNG

Hot Stocks

16:46 EDT Change Healthcare no longer providing guidance due to OptumInsight transaction
UBER

Hot Stocks

16:45 EDT Uber: Drivers increased 75% during Q2, CEO says
UBER

Hot Stocks

16:45 EDT Uber mulling M&A, divestitures, especially in delivery
UBER

Hot Stocks

16:44 EDT Uber: 90% of idle drivers expected back next month - Comments taken from Q2 earnings conference call.
WTRG

Hot Stocks

16:44 EDT Essential Utilities sees EPS CAGR of 5%-7% for 2020-2023
EZPW

Hot Stocks

16:43 EDT Ezcorp CEO sees continuing trend of improving financial performance - CEO Jason Kulas stated, "Looking ahead, we remain well positioned to continue our trend of improving financial performance, and are excited about the increasing earnings power of the platform. Pawn transaction activity continues to rebuild, driving PLO balances closer to pre-pandemic levels, which will drive accelerating pawn service charge revenue in the coming quarters given the natural lag between pawn originations and related fees. In addition, we remain on track to realize meaningful cost savings this year and beyond, even assuming store-level expenses trend higher to meet accelerating transaction volumes. And, we maintain a strong and liquid balance sheet to fund accelerating pawn demand and capitalize on acquisition opportunities that further enhance our scale-enabled and geographically diverse footprint and generate strong returns on investment."
HUBS

Hot Stocks

16:41 EDT HubSpot says Yamini Rangan to succeed Brian Halligan as CEO - Brian Halligan will step into the role of Executive Chairman of HubSpot's Board of Directors as of September 7. Yamini Rangan will succeed Halligan and will step into the CEO role effective September 7. Rangan will also join HubSpot's Board of Directors at that time. Halligan will work closely with Rangan to ensure a smooth transition.
SBRA

Hot Stocks

16:39 EDT Sabra Health Care CFO Harold Andres to retire - Sabra Health Care "announced that Harold Andrews, CFO and Secretary, has decided to retire effective December 31, 2021 and Michael Costa, Sabra's Executive Vice President - Finance and Chief Accounting Officer, is expected to be elevated to the role of Sabra's Chief Financial Officer effective January 1, 2022. Mr. Andrews is expected to remain in a consulting role with Sabra pursuant to a two-year consulting arrangement that Sabra expects to enter into with Mr. Andrews at the time of his retirement. Sabra will also begin searching for a replacement for Mr. Costa's current position with the goal of filling that role by year end."
LPI

Hot Stocks

16:38 EDT Laredo Petroleum sees FY21 total production 77-80 MBOE per day
LPI

Hot Stocks

16:38 EDT Laredo Petroleum sees Q3 total production 74.5-77.5 MBOE per day - Sees Q4 total production 77.5-80.5 MBOE per day.
KDMN

Hot Stocks

16:37 EDT Kadmon announces Rezurock added to NCCN Clinical Practice Guidelines in Oncology - Kadmon Holdings announced that the National Comprehensive Cancer Network, NCCN, added Rezurock tablets to its NCCN Clinical Practice Guidelines in Oncology for Hematopoietic Cell Transplantation, HCT, in the Pre-Transplant Recipient Evaluation and Management of Graft-Versus-Host Disease, GVHD. The NCCN Guidelines in the United States now include Rezurock with a Category 2A designation as a suggested systemic agent for steroid-refractory chronic GVHD. On July 16, the FDA approved Rezurock 200 mg once daily for the treatment of adult and pediatric patients 12 years and older with chronic graft-versus-host disease, cGVHD, after failure of at least two prior lines of systemic therapy.
BBSI

Hot Stocks

16:37 EDT Barrett Business sees FY21 gross billings up 6%-8% - Sees FY21 effective tax rate 22%-24%.
AMED

Hot Stocks

16:32 EDT Amedisys announces new $100M share repurchase program - Amedisys announced that its board authorized a share repurchase program, under which it may repurchase up to $100M of its outstanding common stock through December 31, 2022, to commence upon the completion of the company's existing $100M share repurchase program.
PDCE

Hot Stocks

16:30 EDT PDC Energy announces long-term environmental performance goals - By 2025, the Company is committed to further reducing its GHG and methane intensities by 60 percent and 50 percent, respectively. Further, the Company has significantly accelerated its commitment in aligning with the World Bank in achieving zero routine flaring by 2025 as opposed to its prior commitment of 2030. Additionally, the Company plans to invest nearly $75 million through its asset retirement obligations to plug and reclaim more than 1,000 high emission intensity legacy vertical wells by 2025. The Company's reclamation efforts are aimed at nearly all of its vertical wells and are expected to meaningfully reduce its emission intensity and operating footprint.
PDCE

Hot Stocks

16:29 EDT PDC Energy sees $800M of FCF in each of the next 3 years - The Company's planned levels of operating activity through 2023 remain generally unchanged. Assuming the aforementioned 2021 pricing and $65 and $60 per Bbl WTI in 2022 and 2023, respectively, as well as $3.00 per Mcf NYMEX natural gas and $17.50 NGL realizations in each 2022 and 2023, PDC now expects to generate approximately $800 million of FCF in each of the next three years. Cumulative FCF of approximately $2.5 billion includes the projected impact of cash taxes and equates to more than 60 percent of PDC's current market cap and more than 40 percent of the current enterprise value.In the three-year period, PDC is committed to reducing net debt by more than $1 billion, exiting each year with a leverage ratio of less than 1.0x, while also returning more than $1 billion of capital to shareholders through its share repurchase program and growth of its quarterly base dividend with potential for additional forms of shareholder returns in future years. The Company's debt reduction and return of capital targets of more than $1 billion represent increases from more than $850 million and more than $650 million, respectively. Due to anticipated average service cost inflation of approximately ten percent associated with higher commodity prices, PDC expects capital investments between $600 and $650 million in each 2022 and 2023. PDC's three-year cumulative capital investment of approximately $1.8 billion reflects an increase of approximately $100 million compared to the mid-point of its prior outlook whereas anticipated cumulative FCF increased approximately $600 million from an estimated $1.9 billion to $2.5 billion. Finally, PDC's three-year cumulative re-investment rate is expected to average approximately 45 percent.
PDCE

Hot Stocks

16:29 EDT PDC Energy sees more than $800M of free cash flow for FY21 - Anticipate more than $800 million of FCF assuming $65 per Bbl WTI, $3.50 per Mcf NYMEX natural gas and NGL realizations of approximately $20 per Bbl for the remainder of the year.Expected oil and gas capital investments between $550 to $600 million, which incorporates anticipated cost inflation of approximately ten percent per well in the Wattenberg for the remainder of the year. Anticipated oil production of 64,000 to 66,000 Bbls per day and expected total production of 190,000 to 195,000 Boe per day.
OSPN

Hot Stocks

16:28 EDT OneSpan names Steven Worth as interim CEO - OneSpan announced a series of leadership changes designed to strengthen its strategic growth plans and accelerate the pace of execution of the Company's ongoing transformation. Steven Worth, who previously served as Interim Chief Financial Officer and Treasurer, and who will continue to serve as General Counsel, Chief Compliance Officer and Corporate Secretary, has been named Interim CEO, taking over for Scott Clements, who has left the Company to pursue other interests and has resigned from the Board. John Bosshart, who serves as Chief Accounting Officer, has assumed the additional role of Interim CFO. All executive changes are effective immediately.
MAXR

Hot Stocks

16:22 EDT Maxar Technologies awarded contract to build new satellite for SiriusXM - Maxar Technologies "announced the company will manufacture a new geostationary communications satellite for longtime customer SiriusXM. The SXM-9 satellite will be based on Maxar's proven 1300-class platform and built at the company's manufacturing facility in Palo Alto, California. It is expected that SXM-9 will launch in 2024."
MAXR

Hot Stocks

16:22 EDT Maxar Technologies extends follow-on contract with NRO - The company states: "Maxar Technologies announced the U.S. National Reconnaissance Office, or NRO, has exercised the second of three, one-year options on the company's existing EnhancedView Follow-On Service Level Agreement. In 2018, NRO added three option years to Maxar's EVFO agreement under the same terms and value of $300 million per year to provide continuity of service potentially through August 2023. This second contract option year has a period of performance from September 1, 2021, through August 31, 2022. The requirements and funding for this effort will be transferred to NRO's Electro-Optical Commercial Layer program."
ULCC

Hot Stocks

16:21 EDT Frontier Group sees Q3 capacity 2%-4% Vs Q319 - Sees
BOOT

Hot Stocks

16:20 EDT Boot Barn sees FY22 CapEx $33M-$36M - The company is providing the following full-year fiscal 2022 guidance: New unit growth of 10%. Exclusive brand penetration growth of 350 basis points, which represents an increase from the Company's prior outlook of 250 basis points. Effective tax rate of 26.0%.
MRO

Hot Stocks

16:18 EDT Marathon Oil backs FY21 CapEx view of $1B - The company is raising the midpoint of its 2021 full year U.S. oil-equivalent production guidance by 5,000 net boed. All other full year 2021 production guidance remains unchanged. Due primarily to continued commodity price strength, the company is raising its 2021 E.G. equity method income guidance to $180M-$200M, an increase of over 70% at the midpoint.
MET

Hot Stocks

16:17 EDT MetLife announces new $3B share repurchase authorization - MetLife announced that its board of directors has approved a new $3 billion authorization for the company to repurchase its common stock. The new authorization is incremental to the $475 million remaining under the company's prior authorization announced in December 2020. "We continue to pursue a balanced, long-term approach to creating shareholder value," said MetLife President and CEO Michel Khalaf. "Last year, we invested approximately $5 billion to drive profitable growth both organically and through acquisition. This April, we announced a 4.3% increase in our common dividend. And today's announcement reflects our commitment to returning excess capital to shareholders."
PETQ

Hot Stocks

16:16 EDT PetIQ announces departure of CFO John Newland, search for successor - PetIQ announced that after more than seven years with the company, John Newland will retire from his role as CFO, effective March 31, 2022, following its reporting of FY21 results. The company has initiated a search to identify a new CFO.
FOXA FOX

Hot Stocks

16:14 EDT Fox Corp. raises semi-annual dividend to 24c per share - The company's Board of Directors has authorized an increase in the company's semi-annual dividend and has declared a dividend of 24c per Class A and Class B share. This dividend is payable on September 29 with a record date for determining dividend entitlements of September 1.
INGN

Hot Stocks

16:10 EDT Inogen expects net losses in both Q3 and Q4, net loss for FY21
INGN

Hot Stocks

16:10 EDT Inogen sees 2H revenue lower than 1H - The Company continues to see ongoing uncertainty in the business caused by the continued and varying impact of the COVID-19 pandemic, including related to supply chain disruption, the increased cost of critical components, the impact of the Delta variant and the potential emergence of new variants, the durability of higher consumer confidence and increased consumer ambulation, and worldwide vaccination rates. As a result, the Company is still unable to provide guidance for the full year 2021, including its revenue, revenue mix, net loss, and Adjusted EBITDA estimates for such periods. The Company believes the semiconductor chip shortage experienced across many industries, has and will likely continue to have a negative impact on its ability to manufacture products as these chips are used across all of its portable oxygen concentrators in both its batteries and printed circuit boards. The Company will continue to work with its manufacturing partners and explore other open-market avenues to procure necessary semiconductor chips, but expects increasing challenges in terms of supply and pricing inflation until supply meets demand and prices stabilize. While the Company is still unable to provide financial guidance for full year 2021, the Company expects total revenue in the second half of 2021 to be lower than the first half of 2021, with the largest negative impact on its domestic business-to-business channel. The Company also expects increased cost of goods sold per unit in the second half of 2021 due to cost inflation of materials and labor throughout the supply chain including semiconductor chips and higher freight costs. To partially offset these rising costs, the Company plans to implement price increases across its products, which are planned to be effective as of September 1, 2021.
TTGT

Hot Stocks

16:10 EDT TechTarget acquires Xtelligent Healthcare Media, no terms - TechTarget announced the acquisition of Xtelligent Healthcare Media LLC, a leading online marketing services, media and data company that focuses on the intersection of healthcare and technology. It operates a portfolio of ten websites with independent editorial coverage and vendor content assets related to areas such as telehealth, healthcare analytics, revenue cycle management, healthcare IT security and infrastructure, and other areas of healthcare purchase decisions. "We are very excited to join TechTarget and extend our combined audiences and offerings into new markets," said Sean Brooks, Co-Founder and CEO, Xtelligent Media. "TechTarget's experience and success with first party data, combined with their deep understanding of the B2B Media & Data space, will help us continue to grow and offer customers new opportunities to reach and engage highly targeted healthcare technology decision-makers."
UBER

Hot Stocks

16:08 EDT Uber sees Q3 adjusted EBITDA loss improving to less than ($100M) - "We successfully made large investments in Q2 to improve marketplace balance, and we are now well positioned to reach Adjusted EBITDA profitability by Q4," said Nelson Chai, CFO. "As we make progress towards that important milestone, we expect our Adjusted EBITDA loss in Q3 to improve to less than $100 million in addition to record Gross Bookings between $22 and $24 billion."
UBER

Hot Stocks

16:07 EDT Uber reports Q2 adjusted EBITDA of ($509M), up $328M y/y
WU

Hot Stocks

16:05 EDT Western Union to sell Western Union Business Solutions for roughly $910M in cash - Wester Union together with Goldfinch Partners, LLC, a private equity firm investing in businesses at the forefront of digital transformation, and The Baupost Group, LLC, announced that they have entered into a definitive agreement, under which a consortium of Goldfinch and Baupost will acquire Western Union Business Solutions for approximately $910M in cash. The transaction is expected to close in two stages. In the first closing, which is expected to be completed in early 2022, Western Union Business Solutions, excluding the business that is operated through Western Union International Bank in the European Union and the United Kingdom, will transfer to an entity controlled by Goldfinch and Baupost. In the second closing, which is expected to be completed by late 2022, the remaining Western Union Business Solutions business operated through Western Union International Bank will transfer. Western Union expects to receive in excess of $800M in proceeds, net of tax, from the transaction upon the first closing. Following the transaction, the company will evaluate options for the use of proceeds based on market conditions and opportunities, and in accordance with its established capital allocation priorities.
BKNG

Hot Stocks

16:03 EDT Booking CEO encouraged by 'another quarter of meaningful sequential improvement' - "We are encouraged by another quarter of meaningful sequential improvement in booking trends with second quarter room nights increasing 59% versus the first quarter of 2021, primarily driven by stronger results in Europe and in the U.S. We remain focused on strengthening our core accommodation business and driving benefits to our travelers and our accommodation supply partners alike. In addition, we continue to execute against our strategic priorities, including our Connected Trip vision, which we believe will further enhance our core accommodation business," said Glenn Fogel, CEO of Booking Holdings.
KOSS AAPL

Hot Stocks

15:39 EDT Apple denied motion to change venue in patent fight with Koss Corp. - The United States Court of Appeals for the Federal Circuit announced Koss Corporation (KOSS) filed a patent infringement suit against Apple Inc. (AAPL) in the United States District Court for the Western District of Texas. "Apple maintains its principal place of business in Cupertino, California, but also has a large corporate campus in Austin, Texas. Apple moved pursuant to 28 U.S.C. Section 1404(a) to transfer the infringement action to the United States District Court for the Northern District of California. The district court denied the motion. Apple filed this petition seeking a writ of mandamus directing transfer... The petition is denied [since Apple did not show] entitlement to this extraordinary relief," the court stated in an order dated August 4. Reference Link
TECK

Hot Stocks

15:32 EDT Teck Resources says oxygen plant at Trail Operations has been shut down - Teck Resources announced that smoke from wildfires in southwestern British Columbia has affected operations at its Trail Operations metallurgical facility. Specifically, the oxygen plant at Trail has been shut down due to poor ambient air quality, and the usual mitigation measures have not been adequate to deal with conditions. Zinc refining operations are running at approximately 70% of normal rates. Lead refining continues to operate normally; however, the lead smelting operations have been temporarily idled. Resumption of full production will depend on improvements in air quality. Regional air quality conditions are being actively monitored and Trail Operations has response plans in place to protect employee safety.
BAESY LMT

Hot Stocks

15:01 EDT BAE Systems reports$93M, five-year undefinitized contract action from Lockheed - BAE Systems (BAESY) announced it has received a $93M, five-year undefinitized contract action from Lockheed Martin (LMT) to provide critical sustainment support for the AN/ASQ-239 electronic warfare countermeasure system. "The contract will ensure the mission readiness of the growing global fleet of F-35 aircraft," BAE stated.
GNTX

Hot Stocks

14:02 EDT Gentex approves additional share repurchase authorization of 25M shares - Gentex announced that its board of directors recently declared a quarterly cash dividend of 12c per share that will be payable on October 21 to shareholders of record of the common stock at the close of business on October 8. Additionally, Gentex's board of directors approved an additional share repurchase authorization of 25M shares. "Despite the issues created by the pandemic over the last 18 months, we have been focused on creating and implementing the financial discipline that was needed to support profitability, cash generation and new product development. Our capital allocation strategy is designed to supplement our company's growth with consistent and appropriate utilization of the company's cash flow. This strategy prioritizes reinvestment into the company by funding capital expenditures and provides the ability to acquire new and exciting technologies that fit well with our technology portfolio. Beyond that, our strategy focuses on M&A, a consistent dividend and a very meaningful repurchase philosophy," said Gentex President and CEO Steve Downing.
AMZN

Hot Stocks

13:53 EDT Amazon's 'New World' release date pushed to September 28, 2021 - Amazon Games' upcoming title "New World" has pushed its release date to September 28, 2021, according to a statement from the development team. Reference Link
NVR

Hot Stocks

13:31 EDT NVR authorizes repurchase of $500M in common stock - NVR, Inc. announced that its board of directors has authorized the repurchase of $500M of its outstanding common stock. The purchases will occur from time to time in the open market and/or in privately negotiated transactions as market conditions permit. The company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and "is consistent with NVR's strategy of maximizing shareholder value." NVR added: "Consistent with prior authorizations, this new authorization prohibits the company from purchasing shares from the company's officers, directors, Profit Sharing/401(k) Plan Trust or Employee Stock Ownership Plan Trust."
CNI...

Hot Stocks

13:18 EDT North American rail traffic rose 3.7% in week ended July 31, AAR says - The Association of American Railroads or AAR, reported U.S. rail traffic for the week ending July 31. Total U.S. weekly rail traffic was 502,540 carloads and intermodal units, up 3% compared with the same week last year. Total carloads for the week ending July 31 were 228,975 carloads, up 5.2% compared with the same week in 2020, while U.S. weekly intermodal volume was 273,565 containers and trailers, up 1.2% compared to 2020.North American rail volume for the week ending July 31, on 12 reporting U.S., Canadian and Mexican railroads totaled 324,794 carloads, up 5.8% compared with the same week last year, and 359,421 intermodal units, up 1.9% compared with last year. Total combined weekly rail traffic in North America was 684,215 carloads and intermodal units, up 3.7%. North American rail volume for the first 30 weeks of 2021 was 20,864,770 carloads and intermodal units, up 10.9% compared with 2020. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP), Trinity Industries (TRN), Greenbrier, GBX) and FreightCar America (RAIL). Reference Link
SRNE

Hot Stocks

12:59 EDT Sorrento says salicyn-30 results in rodent model of SARS-CoV-2 'promising' - Sorrento Therapeutics, in collaboration with The Scripps Research Institute of La Jolla, announced that the American Chemical Society has published the article "Salicylanilides Reduce SARS-CoV-2 Replication and Suppress Induction of Inflammatory Cytokines in a Rodent Model," which describes a salicylanilide library screened in a SARS-CoV-2 cell activity assay. "Based on this screening effort, the most efficacious derivative, Salicyn-30, was further evaluated in a prophylactic mouse model of SARS-CoV-2 infection. This analysis demonstrated that Salicyn-30 can potentially reduce viral loads, modulate key cytokines, and mitigate severe weight loss involved in COVID-19 infections. Moreover, based on their mechanism of action, Salicyn-30 and other lead compounds may be equally effective against recent emerging SARS-CoV-2 variants. The combination of anti-SARS-CoV-2 activity, cytokine inhibitory activity, variant indifference and a previously established favorable pharmacokinetic profile for the lead Salicyn-30 renders salicylanilides in general, and Salicyn-30 in particular, as promising therapeutics for COVID-19," the company stated.
BIIB

Hot Stocks

12:50 EDT HHS to review FDA's accelerated approval after Biogen approval - The Department of Health and Human Services, Office of Inspector General, said in a statement: "The FDA recently approved Aduhelm (aducanumab) to treat patients with Alzheimer's disease using the accelerated approval pathway. The accelerated approval pathway allows the FDA to approve drugs that treat serious conditions and that fill an unmet medical need based on a surrogate endpoint, which is a marker that is thought to predict a clinical benefit. The FDA's approval of Aduhelm raised concerns due to alleged scientific disputes within the FDA, the advisory committee's vote against approval, allegations of an inappropriately close relationship between the FDA and the industry, and the FDA's use of the accelerated approval pathway. In response to these concerns, we will assess how the FDA implements the accelerated approval pathway. This will include reviewing interactions between the FDA and outside parties as well as other aspects of the process, such as deciding on this pathway and scientific disputes. We will review the FDA's relevant policies and procedures, determine compliance with them, and make appropriate findings and recommendations based on a sample of drugs approved using the accelerated approval pathway, which will include Aduhelm. We will not assess the scientific appropriateness of the FDA's approval of any of the drugs under review. This work may result in multiple reports." Reference Link
RYCEY

Hot Stocks

12:46 EDT Rolls-Royce confirms exclusive talks with consortium regarding ITP Aero sale - Rolls-Royce, in a statement issued to the London Stock Exchange, notes recent speculation in the media about a possible sale of ITP Aero. "Rolls-Royce confirms it has decided to enter into exclusive discussions with a consortium led by Bain Capital on a potential sale of the business. There can be no certainty that an agreement will be reached. Rolls-Royce will make a further statement as appropriate," the company said.
OXY

Hot Stocks

12:36 EDT Occidental raises FY21 oil & gas production view to 1,150 Mboed from 1,140 - Sees FY21 OxyChem pre-tax income $1.225B-$1.275B. Sees FY21 interest expense roughly $1.5B.
OXY

Hot Stocks

12:35 EDT Occidental Petroleum sees Q3 oil & gas production 1,130-1,160 MBoed - Sees Q3 OxyChem pre-tax income roughly $390M. Guidance taken from Q2 earnings call presentation slides.
MSFT

Hot Stocks

12:24 EDT Microsoft pauses Windows 365 free trial program - Scott Manchester, director of Microsoft's Windows 365 program management, said on Twitter yesterday that, following significant demand, the company needs to pause its free trial of Windows 365 while it provisions "additional capacity." Reference Link
ABBV

Hot Stocks

12:05 EDT AbbVie: JAMA data shows Rinvoq 'superior' vs. Dupixent in AD study - AbbVie announced that JAMA Dermatology has published 24-week results from the Phase 3b Heads Up study evaluating the efficacy and safety of RINVOQ versus DUPIXENT - both as monotherapy treatments - in adults with moderate to severe atopic dermatitis who were candidates for systemic therapy. The publication expands upon previously announced topline results and showed upadacitinib achieved superiority compared to dupilumab for the primary endpoint, the proportion of patients with at least a 75 percent improvement in the Eczema Severity Index at week 16.1 Of those treated with upadacitinib, 71 percent achieved EASI 75 at week 16 compared to 61 percent of those treated with dupilumab.1 Additionally, upadacitinib demonstrated statistically significant greater efficacy across all ranked secondary endpoints compared to dupilumab through week 16, including early reduction in itch and rates of skin clearance improvement. "In this study, upadacitinib 30 mg demonstrated a more rapid onset of action compared to dupilumab, with patients experiencing a reduction in itch at one week and skin clearance improvements at two weeks. In addition, more upadacitinib-treated patients achieved high levels of skin clearance, such as EASI 90 and 100, by 16 weeks of treatment," said Andrew Blauvelt, MD, MBA, lead investigator for the Heads Up study and president of Oregon Medical Research Center in Portland, Oregon. "The results from this important comparative study will help inform how physicians work with their patients to set treatment goals for atopic dermatitis." Results for select ranked secondary endpoints include: After one week of treatment, the upadacitinib 30 mg treatment group had a 31 percent reduction in itch. After two weeks of treatment, 44 percent receiving upadacitinib achieved EASI 75 versus 18 percent receiving dupilumab. At 16 weeks, 28 percent of people treated with upadacitinib achieved clear skin and 61 percent achieved almost clear skin, compared to 8 percent and 39 percent, respectively, of those treated with dupilumab.
TISI

Hot Stocks

12:01 EDT Team falls -17.8% - Team is down -17.8%, or -$1.17 to $5.40.
WTI

Hot Stocks

12:01 EDT W&T Offshore falls -19.6% - W&T Offshore is down -19.6%, or -80c to $3.25.
OCFT

Hot Stocks

12:01 EDT OneConnect falls -26.1% - OneConnect is down -26.1%, or -$1.95 to $5.51.
INSP

Hot Stocks

12:00 EDT Inspire Medical rises 13.0% - Inspire Medical is up 13.0%, or $24.26 to $211.26.
NPTN

Hot Stocks

12:00 EDT NeoPhotonics rises 14.7% - NeoPhotonics is up 14.7%, or $1.31 to $10.21.
COUR

Hot Stocks

12:00 EDT Coursera rises 15.3% - Coursera is up 15.3%, or $5.47 to $41.15.
VYGVF USIO

Hot Stocks

11:29 EDT Voyager Digital partners with Usio to enable merchants to accept cryptocurrency - Voyager Digital (VYGVF) announced that it has partnered with Usio (USIO) to enable its merchants to accept many prominent cryptocurrencies as payment. The company said, "Usio's unique new product will enable merchants to accept cryptocurrency as payment in-person, online, via electronic invoice or text-to-pay, among others, and can be transacted using the Voyager app. Usio will support as many as sixty cryptocurrencies across the globe, making it simple, convenient, and safe. This is a new way for Usio merchants to allow customers to checkout with cryptocurrency for online purchases, donations, tax payments and more. The introduction of a crypto option reinforces our commitment to offering Usio merchants more convenient options for their customers to pay. Customers can check out safely and easily, quickly converting cryptocurrency holdings to US dollars at checkout, with clear conversion rates and no additional fees--all in real time with no exchange risk in price fluctuation that some non-stable crypto currencies experience." Usio expects this service to be available in late 2021.
NYCB FBC

Hot Stocks

11:16 EDT New York Community Bancorp, Flagstar receive shareholder approval for merger - New York Community Bancorp (NYCB) and Flagstar Bancorp (FBC) announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approval for the consummation of their planned merger. The transaction is expected to close during the fourth quarter, subject to the satisfaction of certain closing conditions and the receipt of all necessary regulatory approvals. Upon closing, the combined company will have $85B in total assets, operate nearly 400 traditional branches in nine states, and 86 retail lending offices across a 28-state footprint. It will have its headquarters on Long Island, N.Y. with regional headquarters in Troy, Michigan, including Flagstar's mortgage business. The transaction creates an organization with significant scale in several lines of business, accelerates our transition towards building a dynamic commercial bank, drives strong financial results and enhances capital generation.
GRSV AMBP

Hot Stocks

11:12 EDT Ardagh Metal Packaging, Gores Holding V complete business combination - Ardagh Metal Packaging and Gores Holdings V announced the completion of their previously announced business combination. The combined company will be named Ardagh Metal Packaging S.A. and will commence trading on the New York Stock Exchange on August 5, 2021 under the new ticker symbol "AMBP". The Business Combination was approved at a special meeting of Gores Holdings V stockholders on August 3, 2021. The companies said, "As a global leader in the supply of sustainable and infinitely recyclable beverage cans, AMP has a leading presence in the Americas and Europe and is the second-largest beverage can producer in Europe and the third-largest in the Americas. AMP is the only listed pure-play beverage can company of scale and believes that strong demand in traditional and new beverage categories, coupled with environmentally-conscious end consumers, is driving an inflection point in beverage can demand and creating multi-faceted growth opportunities which AMP is well-positioned to capitalize on." As a result of the Business Combination, AMP has received approximately $1G gross proceeds. Ardagh Group will retain a stake of approximately 82% in AMP and, as mentioned above, intends to remain a committed long-term majority owner of the business.
BOKF

Hot Stocks

11:06 EDT BOK Financial appoints Stacy Kymes as president, CEO - BOK Financial Corporation has named Stacy Kymes president and CEO effective April 1, 2022, upon the retirement of Steven Bradshaw. Kymes has also been appointed to the company's board of directors effective August 3. Kymes, who has been with the company for 25 years, has served in various roles with the company, including chief auditor, director of mergers and acquisitions, and chief credit officer. In his current role as COO, he leads BOKF's revenue-generating business lines including Specialized Banking, Regional and Commercial Banking, Consumer Banking, and Wealth Management.
JPM

Hot Stocks

11:03 EDT Chase expands retail branches to all lower 48 states - Chase announced that it has officially opened bank branches in all of the lower 48 states, marking a milestone in its expansion plans, The bank opened its first branch in Billings, Montana earlier this week following openings in Arkansas, Iowa, Maine, Mississippi, New Mexico, North and South Dakota, Wyoming and Vermont in July. The bank is more than halfway through its plans to open 400 branches in new markets by the end of 2022. Since announcing expansion plans in 2018, Chase has opened more than 220 branches and entered 25 new states and the District of Columbia. Approximately 30 percent of these branches will be in low-to-moderate income communities. As part of its branch expansion, Chase expects to hire 3,000 employees in these new branches by the end of 2022, with more than 2,000 hired so far. More than 75 percent of hires are external to the firm and local to their community. Chase plans to complete its 400 branch expansion effort by the end of 2022.
GM

Hot Stocks

10:56 EDT General Motors: 2H production depends on chip supply
BA

Hot Stocks

10:40 EDT Boeing moves up after Bloomberg report of 737 Max test flight in China - The shares reversed the day's losses and are now up 1% to $231.36.
RDY BDSI

Hot Stocks

10:35 EDT Dr. Reddy's to sell U.S., Canada rights for Elyxyb to BioDelivery Sciences - Dr. Reddy's Laboratories (RDY) announced that it has entered into a definitive asset purchase agreement, pursuant to which Dr. Reddy's will sell its U.S. and Canada territory rights for Elyxyb 25 mg/mL to BioDelivery Sciences International (BDSI). Under the terms of agreement, Dr.Reddy's will receive $6M upfront upon closing followed by $9M one year from closing. Further, Dr. Reddy's is eligible to receive event based, sales based milestones and quarterly earn-out payments. Elyxyb, previously known as DFN-15, is indicated for the acute treatment of migraine with or without aura in adults. The closing of the transaction is subject to satisfactory completion of customary closing conditions including the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.
CMCSA

Hot Stocks

10:31 EDT Comcast Government Services awarded multimillion dollar contract from DISA - Comcast Business announced that Comcast Government Services has been awarded another multimillion-dollar contract by the United States' Defense Information Systems Agency as part of the Agency's effort to replace legacy circuits across the country with Ethernet-based services to improve network performance and reduce overall telecommunications costs. The contract, covering DISA's Commercial Ethernet Gateway Region 6, represents $76M for up to ten years. Comcast has now won five CEG regions for a total of more than $343M covering 35 states nationwide; the Company was awarded CEG Regions 4 and 5 earlier this month, Region 3 in June 2021 and Region 1 in March 2020.
FNNZF

Hot Stocks

10:29 EDT FinCanna Capital signs strategic agreement with Sense Distribution - FinCanna Capital is pleased to announce that its portfolio company, QVI Inc., doing business as "The Galley", has signed a strategic agreement with Sense Distribution which will significantly expand The Galley's retail distribution network across California and provide additional distribution revenues for QVI Founded in 2019, Sense Distribution is a privately-owned cannabis distributor headquartered in Santa Rosa CA. Currently servicing 90 dispensaries throughout the state, Sense offers full distribution services to a unique lineup of brands as well as its own line of commercial cannabis infused ingredients for edible creation.
GM

Hot Stocks

10:26 EDT GM sees strong pricing environment continuing through rest of year, into 2022
WRAP

Hot Stocks

10:20 EDT Wrap Technologies announces follow-on international order for BolaWrap - Wrap Technologies announced a follow-on international order for 1,500 BolaWrap products and accessories. The order is the single largest received by the company to date, the company said in a statement. "This customer had ordered demonstration BolaWrap devices previously and is now expanding the use of our technology as their Ministry looks to prevent escalation of force," said Tom Smith, CEO and President of WRAP. "We initially utilized Zoom to virtually demonstrate BolaWrap and its benefits with our distributor to the end-user. This order illustrates how law enforcement agencies around the world are still able to understand the value of our technology despite presenting virtually with our distributors during the global pandemic. We will continue driving our international sales moving forward with the support of our local distributors." WRAP received the order for its BolaWrap in the second quarter of 2021, which was partially shipped in that period. The Company expects to fulfill the remainder during the second half of this year.
GM

Hot Stocks

10:18 EDT General Motors continues to see FY21 CapEx $9B-$10B
GM

Hot Stocks

10:16 EDT General Motors sees 2H commodity expense to be $1.5B-$2B higher than 1H
GM

Hot Stocks

10:16 EDT GM Financial reports Q2 net income $1.2B vs. $173M last year - GM Financial announced net income of $1.2 billion for the quarter ended June 30, 2021, compared to $878 million for the quarter ended March 31, 2021, and $173 million for the quarter ended June 30, 2020. Net income for the six months ended June 30, 2021 was $2.1 billion, compared to $340 million for the six months ended June 30, 2020. Retail loan originations were $9.1 billion for the quarter ended June 30, 2021, compared to $8.2 billion for the quarter ended March 31, 2021, and $8.7 billion for the quarter ended June 30, 2020. Retail loan originations for the six months ended June 30, 2021 were $17.4 billion, compared to $15.2 billion for the six months ended June 30, 2020. The outstanding balance of retail finance receivables, net of fees was $56.4 billion at June 30, 2021, compared to $51.3 billion at December 31, 2020 and $46.5 billion at June 30, 2020. Operating lease originations were $5.9 billion for the quarter ended June 30, 2021, compared to $5.8 billion for the quarter ended March 31, 2021, and $3.2 billion for the quarter ended June 30, 2020. Operating lease originations for the six months ended June 30, 2021 were $11.6 billion, compared to $8.2 billion for the six months ended June 30, 2020. Leased vehicles, net was $40.6 billion at June 30, 2021, compared to $39.8 billion at December 31, 2020, and $39.6 billion at June 30, 2020. The outstanding balance of commercial finance receivables, net of fees was $5.7 billion at June 30, 2021, compared to $9.1 billion at December 31, 2020 and $7.9 billion at June 30, 2020. Retail finance receivables 31-60 days delinquent were 1.5% of the portfolio at June 30, 2021 and 2.2% at June 30, 2020. Accounts more than 60 days delinquent were 0.5% of the portfolio at June 30, 2021 and 1.3% at June 30, 2020. Annualized net charge-offs were 0.4% of average retail finance receivables for the quarter ended June 30, 2021 and 1.5% for the quarter ended June 30, 2020. For the six months ended June 30, 2021, annualized net charge-offs were 0.6%, compared to 1.6% for the six months ended June 30, 2020.
HZNP

Hot Stocks

10:16 EDT Horizon Therapeutics jumps on earnings beat, stronger guidance - Shares of Horizon Therapeutics (HZNP) are on the rise on Wednesday after the company reported better-than-expected quarterly results and increased its full year revenue guidance. RESULTS: Horizon Therapeutics reported second quarter earnings per share of $1.62, which was better than the expected 88c. This compares to earnings of 40c per share a year ago. The company also reported revenue of $832.5M for the quarter, with consensus at $685.03M. This compares to year-ago revenues of $462.8M. Additionally, Horizon increased its full year 2021 net sales guidance to $3.025B-$3.125B, and its full year 2021 adjusted EBITDA guidance to $1.26B-$1.30B. PRICE ACTION: In Wednesday morning trading, shares of Horizon Therapeutics have gained almost 10% to $109.65.
GM

Hot Stocks

10:14 EDT General Motors to share additional insight into EV, AV strategy Oct. 6-7
FSR BRDCY

Hot Stocks

10:12 EDT Fisker, Bridgestone partner on Fisker Ocean electric vehicle - Fisker (FSR) and Bridgestone (BRDCY) are announcing a new partnership. Fisker has selected Bridgestone as the exclusive tire partner for the much-anticipated Fisker Ocean all-electric SUV. The Fisker Ocean will make its global debut at the upcoming 2021 Los Angeles Auto Show, with production starting on November 17, 2022. The Fisker Ocean features extensive use of recycled materials, including a fully vegan interior, and will come with an optional photovoltaic solar roof. The Fisker Ocean will sit on custom-developed Bridgestone Potenza Sport tires for vehicles sold in Europe and select models sold in North America. The bespoke Potenza Sport tires deliver an optimal driving experience focused on ride comfort and handling stability, and are engineered for low rolling resistance, which conserves the Fisker Ocean's battery energy by ensuring that less power is required to move the vehicle's tires.
ACN

Hot Stocks

10:11 EDT Accenture to buy supply chain management and consulting firm Blue Horseshoe - Accenture announced it has agreed to acquire Blue Horseshoe, a supply chain management and strategy consulting firm and systems integrator specializing in fulfillment and distribution solutions. "Blue Horseshoe helps clients across industries, including food and beverage, consumer packaged goods, retail distribution, and transportation and logistics, define and plan their enterprise strategy, connect and collaborate with business applications, and optimize and execute supply chain operations," Accenture stated. Blue Horseshoe is headquartered in Carmel, Indiana, with additional offices in Ohio, Colorado and North Carolina, as well as Amsterdam in The Netherlands and Tallinn in Estonia. Blue Horseshoe's team of 349 people will join Accenture's Supply Chain & Operations group. Terms of the transaction were not disclosed.
GE

Hot Stocks

10:09 EDT Malaysia Airlines partners with GE Digital to modernize fuel analytics platform - Malaysia Airlines and GE Digital are pleased to announce a collaboration to transform and modernize the airline's fuel efficiency program by adopting GE Digital's Fuel Insight and FlightPulse aviation software as part of the airline's on-going initiative to meet its sustainability goals. Malaysia Airlines has implemented various initiatives including efficiency measures, investments in sustainability solutions, and waste reduction across its operations to address sustainability goals. The fuel efficiency program has been running for more than a decade, contributing to a 15% fuel burn improvement recorded over the past eight years. Data analytics has been a cornerstone of the program with various improvements made in systems infrastructure and capabilities. As a part of this focus, the airline embraces technologies by GE Digital to facilitate efficient and digitally-connected operations.
BAESY INTC

Hot Stocks

10:07 EDT BAE Systems announces strategic business agreement for FAST Labs - BAE Systems (BAESY) announced a strategic business agreement that will result in the BAE Systems' FAST Labs research and development organization having early access to select Intel (INTC) technologies. The agreement will enable BAE Systems to develop and more quickly field next-generation defense applications based on Intel's most advanced technology. While commercial off-the-shelf semiconductor technology has increasingly been incorporated into U.S. defense applications, military-grade technology requires domestically developed custom capabilities that go beyond commercially available technology. To date, this development lag of customizing commercial technology has resulted in significant time gaps between chip-level technology and defense applications being fielded.
GM

Hot Stocks

10:07 EDT GM Bolt recall doesn't impact new Bolt EV, EUV, Ultium cells, CEO says
TGT

Hot Stocks

10:06 EDT Target launching debt-free education assistance program to over 340K employees - Target announced it will offer its more than 340,000 U.S.-based part-time and full-time frontline team members a debt-free education assistance program. Beginning this fall, all part-time and full-time team members working in Target stores, distribution centers and headquarters locations in the U.S. will be eligible for debt-free assistance for select undergraduate degrees, certificates, certifications, free textbooks and more with no out-of-pocket costs on their first day of work at Target. Target will invest $200M over the next four years in the program. "Target employs team members at every life stage and helps our team learn, develop and build their skills, whether they're with us for a year or a career. A significant number of our hourly team members build their careers at Target, and we know many would like to pursue additional education opportunities. We don't want the cost to be a barrier for anyone, and that's where Target can step in to make education accessible for everyone," said Melissa Kremer, chief human resources officer, Target. "Our team members are the heart of Target's strategy and success, and we have a long history of investing in industry-leading pay, extensive benefits and career opportunities to help our team thrive and have rewarding careers at Target."
AMP

Hot Stocks

10:05 EDT North Island Credit Union moves investment program to AFIG - Ameriprise Financial announced that North Island Credit Union, a division of California Credit Union, has moved its investment program to the Ameriprise Financial Institutions Group. Serving more than 165,000 members with 25 branches, the credit union selected the Ameriprise Financial platform to enhance and expand its investment solutions offering for its members. With 11 financial advisors across Southern California, the investment program currently manages $750 million in brokerage assets. To reflect its newly expanded services, the credit union has rebranded its investment group to North Island Credit Union Wealth Management, a financial advisory practice of Ameriprise Financial Services, LLC.
GM

Hot Stocks

10:03 EDT General Motors: Semiconductor shortage 'fluid,' supply chain challenges continue - Guidance assumes no year end work-in-process inventory related to vehicles produced without modules. Significant cash flows could shift from 2021 to 2022 if GM has work-in-process vehicles produced without modules held at year end, the company said. Comments taken from Q2 earnings conference call.
MYOV

Hot Stocks

10:03 EDT Enzyvant announces publication of results from trials of RVT-802 - Results from clinical trials of Enzyvant's investigational RVT-802. engineered human thymus tissue implanted in 105 pediatric patients, were published today in The Journal of Allergy and Clinical Immunology. Pediatric congenital athymia is ultra-rare with an estimated incidence in the U.S. of ~17 to 24 live births each year. Children who have this condition are born without a thymus, which leads to profound immunodeficiency, life-threatening immune dysregulation, and high susceptibility to potentially fatal infections. With only supportive care, children with congenital athymia typically die by age two or three. There are currently no FDA-approved treatments for congenital athymia. Engineered human thymus tissue has been studied by researchers across 10 clinical studies at a single center for more than 25 years. RVT-802 clinical trials at Duke University Medical Center have been supported with funding from Enzyvant. Ten prospective single-arm, open-label studies with patient enrollment from 1993 to 2020 form the basis of the investigational RVT-802 data set. One hundred and five patients were surgically implanted with RVT-802 under one of 10 Institutional Review Board-approved protocols. Ninety-five patients were included in the Efficacy Analysis Set and 105 patients were included in the Safety Analysis Set. Patients were tested in clinical trials after implantation with RVT-802 to detect naive T cells using flow cytometry at three, six, and 12 months. Survival rates were analyzed with the longest follow-up period of 25.5 years. In the EAS, Kaplan-Meier estimated survival rates were 77% at one year and 76% at two years. For patients who were alive at one year post implantation, the Kaplan-Meier estimated long-term survival rate was 93% at a median follow-up time of 10.9 years. Patients in the clinical trials started out with very few naive T cells but those who survived to one year after implantation developed mature and naive T-cell levels sufficient to fight infection and support survival. To explore the number of infections over time following treatment with investigational RVT-802, the number of infections were analyzed for the first six months post implantation and compared to the number of infections in the second six months after implantation. There was a significant decrease in the number of infections in the second six months. The number of infections were also compared between the first and second year after implantation with similar results. There was a significant decrease in the number of infections in year two after implantation. The most common adverse reactions reported following implantation with investigational RVT-802 were thrombocytopenia, neutropenia, pyrexia, proteinuria, alopecia, wound dehiscence, Coombs-positive hemolytic anemia, autoimmune hemolytic anemia, hemolysis, rash, blood bicarbonate decrease, diarrhea, and autoimmune hepatitis. Of the 105 patients, 28 patients died after receiving RVT-802, including 22 deaths in the first year after implantation. Causes of death in the first year included 13 deaths due to infection or complications due to infection, five deaths due to respiratory failure/hypoxia, three deaths due to hemorrhage-related events, and one death due to cardiorespiratory arrest. Of the six patients who died more than one year post implantation, two died due to respiratory failure and one died due to each of the following: cardiopulmonary arrest, intracranial hemorrhage, infection, and unknown cause.
EBAY MCD

Hot Stocks

10:01 EDT eBay, McDonald's team with Lightsource bp on power purchase - McDonald's (MCD) and eBay (EBAY) announced agreements with Lightsource bp to purchase power from what will be Louisiana's largest solar project, located 30 miles northwest of Baton Rouge in Pointe Coupee Parish. The 345 megawatt Ventress Solar project will help McDonald's and eBay meet their sustainability goals and advance their commitment to climate action, while growing Lightsource bp's expanding footprint of solar assets across the Southeast. Once complete, the project will generate over 600,000 megawatt-hours of clean energy annually, equivalent to the average annual consumption of 59,000 US homes. Construction is expected to begin as early as the end of this year on the Ventress Solar farm, with commercial operation starting in mid-2023. Lightsource bp is developing the project and will be the long-term owner and operator.
TISI

Hot Stocks

10:00 EDT Team falls -14.8% - Team is down -14.8%, or -97c to $5.60.
OCFT

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10:00 EDT OneConnect falls -16.2% - OneConnect is down -16.2%, or -$1.21 to $6.25.
WTI

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10:00 EDT W&T Offshore falls -17.5% - W&T Offshore is down -17.5%, or -71c to $3.34.
COUR

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10:00 EDT Coursera rises 12.3% - Coursera is up 12.3%, or $4.38 to $40.06.
INSP

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10:00 EDT Inspire Medical rises 13.6% - Inspire Medical is up 13.6%, or $25.40 to $212.40.
BXC

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10:00 EDT BlueLinx rises 14.9% - BlueLinx is up 14.9%, or $6.56 to $50.65.
LVRLF

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09:59 EDT CordovaCann completes sale-leaseback, finances Oregon expansion - CordovaCann provides an update on its Cannabilt Farms licensed cannabis cultivation operation in Clackamas, Oregon. Cordova OR Operations, LLC, a wholly-owned subsidiary of the Company, has sold all of its land, building and equipment for $2.2M and entered into an agreement to lease the Property from the buyer. The Lease will allow Cannabilt to operate on the Property for ten years, and provides options for two subsequent ten year renewal periods. Proceeds from the sale will be used to retire debts related to the Property and to finance the planned expansion at Cannabilt. A total of $600,000 of the purchase price has been placed in escrow by the buyer to allow Cannabilt to complete its buildout of the facility. The Lease was signed on July 20, 2021 and commenced on August 1, 2021. Cannabilt will pay no rent during the first three months of the lease and will pay $22,000 per month for the reminder of the first year, with annual payment escalators thereafter. The facility buildout includes expanding the cultivation facility to the maximum 10,000 square feet of indoor cultivation canopy that is permitted under the Tier II Marijuana Production License granted by the Oregon Liquor Control Commission. The Company expects to be cultivating under the entire canopy by the end of 2021. Cannabilt will leverage the distribution channel already established and will continue to expand the wholesale and retail relationships for the increase in output. The buildout also includes the completion of a 14,000 sq. ft. extraction and manufacturing facility on the premises that is in the licensing process with the OLCC. Once completed and licensed, this facility will allow the Company to produce a wide variety of cannabis derived products for consumption across Oregon. Having both cultivation and manufacturing facilities will optimize the operation and drive incremental revenue and cash flow for Cordova, while allowing the Company to build brand recognition in the state.
HOOD

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09:57 EDT Robinhood off highs, but remains up 35% to $63.23
OCFT

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09:47 EDT OneConnect falls -16.2% - OneConnect is down -16.2%, or -$1.21 to $6.25.
PSN

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09:47 EDT Parsons falls -17.0% - Parsons is down -17.0%, or -$6.37 to $31.18.
GEL

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09:47 EDT Genesis Energy falls -18.0% - Genesis Energy is down -18.0%, or -$1.82 to $8.28.
TUP

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09:47 EDT Tupperware Brands rises 11.3% - Tupperware Brands is up 11.3%, or $2.40 to $23.63.
INSP

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09:47 EDT Inspire Medical rises 11.7% - Inspire Medical is up 11.7%, or $21.87 to $208.87.
NPTN

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09:47 EDT NeoPhotonics rises 12.1% - NeoPhotonics is up 12.1%, or $1.08 to $9.98.
HOOD

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09:42 EDT Robinhood halts again for volatility with shares up 65% to $77.03
HOOD

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09:41 EDT Robinhood extends rally, shares up 56% to $72.83
HOOD

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09:40 EDT Robinhood trading resumes, shares up 44% to $67.18
HOOD

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09:40 EDT Robinhood Markets Inc (Class A Stock) trading resumes
MOXC

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09:38 EDT Moxian Inc trading resumes
HOOD

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09:37 EDT Robinhood halted for volatility after jumping 40% to $65.60
HOOD

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09:35 EDT Robinhood Markets Inc (Class A Stock) trading halted, volatility trading pause
MOXC

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09:33 EDT Moxian Inc trading halted, volatility trading pause
F

Hot Stocks

09:28 EDT Ford reports July U.S. sales down 31.8% to 120,053 vehicles - "In addition to the sales we delivered in July, our retail order bank increased over 70,000 units, excluding our Bronco and Maverick retail orders, which is 10 times higher than we were a year ago. Our newest products, including F-150 PowerBoost, Mustang Mach-E, Bronco and Bronco Sport, are conquesting at a rate that is almost 14 points higher than Ford overall. With our strong portfolio of new products, robust transaction pricing and a big order bank, we are perfectly positioned for significant growth as the semiconductor chip situation improves," said Andrew Frick, vice president, Ford Sales U.S. and Canada. Mustang Mach-E July sales grew 15.8% in July compared to June and F-150 Lightning reservations exceeded 120,000, Ford noted.
NVAX...

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09:16 EDT European Commission approves new Novavax vaccine contract for up to 200M doses - The European Commission has approved its seventh Advanced Purchase Agreement with a pharmaceutical company to ensure access to a potential vaccine against COVID-19 in Q4 of 2021 and in 2022, the commission announced. Under this contract, Member States will be able to purchase up to 100 million doses of the Novavax (NVAX) vaccine, with an option for 100 million additional doses over the course of 2021, 2022, and 2023, once reviewed and approved by EMA as safe and effective. Member States will also be able to donate vaccines to lower and middle-income countries or to re-direct them to other European countries. "Today's contract complements an already broad portfolio of vaccines to be produced in Europe, including the contracts with AstraZeneca, Sanofi-GSK, Janssen Pharmaceutica NV, BioNtech-Pfizer, CureVac, Moderna and the concluded exploratory talks with Valneva. It represents another key step towards ensuring that Europe is well prepared to face the COVID-19 pandemic," the commission stated.
BWA

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09:16 EDT BorgWarner closes contracts to supply dual inverters to two Chinese OEMs - BorgWarner closed contracts to supply dual inverters for two premier Chinese original equipment manufacturers, or OEMs. The dual inverters will be featured on both hybrid electric vehicles and plug-in hybrid electric vehicle versions of the GWM LEMON platform, and the other major Chinese OEM will utilize the technology on its own HEV and PHEV passenger car models. Production for the GWM dual inverter is currently underway, with and without a DC/DC converter option, which was launched on several 2021 GWM models. The project with the other major Chinese OEM is planned for 2023 models.
SNMP NVVE

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09:13 EDT Evolve Transition, Nuvve, Stonepeak finalize Levo joint venture - Evolve Transition Infrastructure (SNMP) announced the completion of the formation of Levo Mobility with Nuvve Holding Corp. (NVVE) and certain investment vehicles managed by leading alternative investment firm Stonepeak Partners. Levo is a sustainable infrastructure joint venture focused on rapidly advancing the electrification of transportation by funding V2G-enabled electric vehicle (EV) fleet deployments. Levo will utilize Nuvve's V2G technology and committed capital from Stonepeak and Evolve to offer Fleet-as-a-Service for school buses, last-mile delivery, ride hailing and ride sharing, municipal services, and more to eliminate the primary barriers to EV fleet adoption including large upfront capital investments and lack of expertise in securing and managing EVs and associated charging infrastructure. Levo's turnkey solution simplifies and streamlines electrification, can lower the total cost of EV operation for fleet owners, and support the grid when the EVs are not in use. For a fixed monthly payment with no upfront cost, Levo will provide the EVs, such as electric school buses, charging infrastructure powered by Nuvve's V2G platform, EV and charging station maintenance, energy management, and technical advice. Stonepeak and Evolve plan to deploy up to an aggregate $750 million capital commitment to Levo, with a maximum of $75 million of such capital commitment being funded by Evolve. Levo will initially focus on electrifying school buses, providing associated charging infrastructure, and delivering V2G services to enable safer and healthier transportation for children while supporting CO2 emission reduction, renewable energy integration, and improved grid resiliency.
GLRE AAWW

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09:12 EDT Einhorn: Atlas Air benefiting from structural shortage of air cargo capacity
NVAX

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09:12 EDT Novavax and European Commission close purchase of up to 200M COVID-19 vaccines - Novavax has reached an agreement with the European Commission for the purchase of up to 200 million doses of NVX-CoV2373, the company's recombinant nanoparticle protein-based COVID-19 vaccine candidate with Matrix-M adjuvant. The agreement covers the purchase of up to 100 million doses of the vaccine with the option for an additional 100 million doses through 2023. Novavax is working to complete its rolling submission for NVX-CoV2373 to the European Medicines Agency in Q3, with delivery of initial doses expected to begin following approval. In a Phase 3 clinical trial with nearly 30,000 adults in the U.S. and Mexico, NVX-CoV2373 demonstrated 100% protection against moderate and severe disease and 90.4% overall efficacy. In a Phase 3 clinical trial conducted in the U.K. with approximately 15,000 adults, NVX-CoV2373 showed an overall efficacy of 89.7%, and more than 96% efficacy against the original strain of the virus.
APO

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09:11 EDT Apollo Global to acquire majority stake in AS Graanul Invest - Apollo Global Management announced that funds managed by its affiliates have agreed to acquire a majority stake in AS Graanul Invest, the largest producer of sustainable wood pellets in Europe - and one of the largest producers globally. "With the accelerating Energy Transition in Europe and globally, baseload renewable energy sources such as biomass are a critical and enabling piece of the puzzle, by providing dispatchable electricity and heat to must-run facilities," said Apollo's Brad Fierstein. "Raul and the Graanul team are best-in-class in this industry and have done an excellent job scaling and positioning the business to play a critical role supporting this energy transition, as a reliable supplier to its customers, with proven sustainability." The transaction, which is expected to close later in 2021, is subject to antitrust and regulatory approvals and other customary closing conditions.
BTN

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09:11 EDT Ballantyne Strong exercises rights - Ballantyne Strong of 4201 Congress Street, Suite 175, Charlotte, North Carolina 28209 announces that pursuant to the offering of rights by GreenFirst Forest Products Inc. which completed on July 30, 2021. Ballantyne Strong exercised 8,269,500 Rights at an exercise price of $1.50 per Right for aggregate consideration of $12,404,250, gaining ownership and control of 8,269,500 subscription receipts of the Company. Each Subscription Receipt will be automatically exchanged, without payment of additional consideration, for one common share in the capital of the Company subject to and conditional upon satisfaction of certain conditions by the Company. Based on the Company's press release of August 3, 2021, prior to and following the Expiry Time, 37,221,960 Common Shares were issued and outstanding and following the Expiry Time 111,665,880 Subscription Receipts were issued and outstanding upon the exercise of Rights. All amounts are in Canadian dollars unless otherwise indicated. Prior to the Expiry Time, Ballantyne Strong Inc., through its wholly-owned subsidiary, Strong/MDI Screen Systems Inc, beneficially owned or controlled 7,044,000 Common Shares. Under the Rights Offering, Ballantyne Strong was issued 21,132,000 Rights. Prior to the Expiry Time, Ballantyne Strong sold 12,862,450 Rights through the facilities of the TSX Venture Exchange at an average price of $0.1661 for aggregate consideration of approximately $2,136,932. Following the Expiry Time, Ballantyne Strong ceased to have ownership or control over any Rights and beneficially owned or controlled 7,044,000 Common Shares and 8,269,500 Subscription Receipts.
GLRE

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09:10 EDT Greenlight's David Einhorn sees 'structural change' in inflation - Greenlight's David Einhorn says that while some inflation will prove short-lived, he thinks we have reached a structural change in inflation.
YVR

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09:10 EDT Liquid Media announces letter of intent to acquire Digital Cinema United - Liquid Media Group announced the signing of a letter of intent to acquire Digital Cinema United, which provides content supply chain technology and services supporting independent intellectual property owners, producers, sales agents, alternative content distributors, downstream media platforms and studios. Under the terms of the LOI, Liquid would acquire DCU for up to 3,750,000 shares, and DCU must achieve revenues totalling over $15M to trigger two of the three equal tranches. Additional cash will be invested in DCU's ongoing operations, beginning with immediate availability of a secured bridge loan in the amount of $1.15M, to be applied towards working capital and growth of its business. "We are excited to add DCU as an integral component of our four-stage business solutions engine, bringing vital, next-generation technology that puts independent IP creators of all sizes and types on an even playing field with major studios across production services, international servicing, as well as theatrical and digital distribution," said Ron Thomson, CEO of Liquid Media. Final terms of the acquisition will be negotiated and memorialized in binding and definitive documentation to be entered into at or prior to closing.
IGXT ATAI

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09:09 EDT IntelGenx appoints Srinivas Rao, Frank Stegert to board of directors - IntelGenx Technologies Corp. (IGXT) announced the appointments of Srinivas Rao, M.D., Ph.D. and Frank Stegert to its Board of Directors. The appointments of the two new directors were made pursuant to the previously disclosed purchaser rights agreement by and between the Company and ATAI Life Sciences AG (ATAI). With the appointments, the size of the Company's Board of Directors increased from six to eight. Srinivas Rao has served as atai's Chief Scientific Officer since April 2019 and Frank Stegert has served as atai's Vice President, Investment Management and Operations since January 2021, having also served as a part-time consultant for atai prior to joining full-time. Dr. Rao has been assigned to the Compensation Committee of the Board and Mr. Stegert has been assigned to the Corporate Governance and Nominations Committee of the Board. Each new director will serve until the 2022 annual meeting of the Corporation's stockholders and until his successor is duly elected and qualified.
GLRE DNMR

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09:09 EDT Greenlight's David Einhorn: Nothing has changed regarding Danimer thesis - Comments taken from Greenlight's Q2 earnings conference call.
CLDT

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09:09 EDT Chatham Lodging acquires extended-stay hotels in Austin, Texas - Chatham Lodging Trust a hotel real estate investment trust "focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that the company has acquired in an off-market transaction two, high-quality, premium-branded hotels comprising 269 rooms at the Domain in Austin, Texas, for $71.2M or approximately $265,000 per room . The acquired hotels include the 132-room Residence Inn Austin Domain, which opened in July 2016, and the 137-room TownePlace Suites Austin Domain, which opened in June 2021. Upon stabilization, the Austin Acquisitions are expected to generate an estimated NOI yield of 8.0% to 8.5%.," said the company
CMTL

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09:09 EDT Comtech awarded $1.5M SATCOM contract - Comtech announced that during Q4, it was awarded a $1.5M contract from a U.S. satellite communications manufacturer for SATCOM antenna feeds for their 1.3 meter Fly-Away Terminal.
VZ

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09:07 EDT Verizon, Parrot, Skyward bring 4G LTE connected drone to US market - Verizon, Parrot, and Skyward announced an exclusive partnership to bring the first out-of-the-box 4G LTE connected drone solution to the United States. Parrot ANAFI Ai is the first and only off-the-shelf drone to connect to Verizon's 4G LTE network. Verizon 4G LTE connectivity is provided exclusively to Skyward subscribers at no additional cost. Parrot ANAFI Ai is a compact professional drone, built for work, setting a new communications standard, open to developers, with a full open source app, autonomous 1 click photogrammetry and new levels of cybersecurity. The Skyward Connected Drone Solution with Parrot's ANAFI Ai is making complex missions for photogrammetry, mapping, modeling in construction, infrastructure, inspection & surveying, public safety and enterprise use quicker. "Enterprise drone programs are pushing the limits of technology available today and advanced operators are ready for a connected, trusted, and capable drone to take their drone programs to the next level," said Mariah Scott, Head of Verizon Robotics Business Technology. "Parrot ANAFI Ai connected to Verizon 4G LTE marks an industry milestone toward distributed, remote, persistent operations that lets users fly to anywhere from anywhere with near real time data transfer." The Skyward Connected Drone Solution with Parrot ANAFI Ai on Verizon 4G LTE will be available in the second half of 2021 through Skyward.
GEVO

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09:07 EDT Gevo's Luverne facility restarts production operations - Gevo announced that production operations at its advanced, renewable fuels production facility located in Luverne, Minnesota have re-commenced. The Luverne Facility is expected to produce fuel-grade, renewable isobutanol. The IBA produced will be used as a feedstock for Gevo to produce sustainable aviation fuel and renewable premium gasoline to fulfill existing sales contracts. These renewable hydrocarbons will be produced in Silsbee, Texas at the South Hampton Resources, Inc. hydrocarbon production facility. Gevo also expects to utilize some of the IBA produced to develop certain IBA specialty markets. Moreover, the production operations at the Luverne Facility will allow Gevo to test and evaluate certain potential unit operations that may be incorporated into Gevo's state-of-the-art Net-Zero 1 production facility that is expected to begin production in 2024 in Lake Preston, South Dakota. Agri-Energy, LLC, Gevo's wholly-owned subsidiary that owns the Luverne Facility, has rehired multiple former employees and is in the process of hiring an additional 11 employees to produce the IBA with the goal to have 30 full-time employees.
AMZN

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09:06 EDT Amazon says adding six new cities for 'faster same-day delivery' - In a post to the corporate blog, Amazon Staff wrote: "Since launching Same-Day Delivery, we've continued to bring customers new levels of convenience and more delivery options to choose from. Our move to make Same-Day Delivery even faster is just one example of a delivery innovation that gives customers more choice, speed, and convenience when receiving their packages. Last year, we announced that Amazon Prime members in Philadelphia, Phoenix, Orlando, and Dallas became eligible for even faster Same-Day Delivery with the ability to order from up to 3 million items across a dozen categories, including Baby, Beauty & Health, Kitchen & Dining, Electronics, Pet Supplies, and more. In November, we expanded the service to two more cities by adding Nashville and Washington, D.C. Today, to celebrate the one-year anniversary of launching faster Same-Day Delivery, we're announcing availability in six more cities. Prime members in Baltimore, Chicago, Detroit, Tampa, Charlotte, and Houston can now enjoy fast delivery-from click to doorstep in as fast as five hours. With faster Same-Day Delivery, customers can order items for delivery throughout the day. They can even place an order by midnight for overnight delivery. Customers simply select 'Overnight by 8 a.m.' to have their orders on their doorstep the next morning before heading out for the day. The service is free to Prime members on qualifying orders over $35."
GLXZ

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09:06 EDT Galaxy Gaming acquires High Variance Games portfolio, terms not disclsed - Galaxy Gaming announced they have acquired the rights to the game portfolio of High Variance Games, LLC, including Super Blackjack, Super Texas Hold'em, Super Pai Gow, Three Card Stud Triple Draw, and Super Omaha Poker.
LHX

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09:06 EDT U.S. Navy awards L3Harris $393M undersea training range contract - The U.S. Navy has awarded L3Harris Technologies a $393M contract to install increments II and III of the Undersea Warfare Training Range, USWTR. The award follows nearly 10 years of execution by L3Harris on Increment I and will replace and upgrade the remaining underwater training range sites. USWTR Increment I included installing the ocean sensor and shore electronics subsystems instrumenting the approximately 500-square-nautical-mile area near Jacksonville, Florida. Under Increments II and III, L3Harris will upgrade and replace the previously installed systems at the U.S. Navy's three other range locations near Hawaii, Bahamas and Southern California. The USWTRs enable ships, submarines and aircraft to track targets on the surface and subsurface for anti-submarine warfare training. The ranges each include more than 600 miles of undersea cables, several hundred sophisticated acoustic sensors, as well as shore-based control, display and processing facilities.
NTRA GSK

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09:05 EDT Natera's Signatera test used in GlaxoSmithKline's Phase 3 breast cancer trial - Natera (NTRA) announced that the first patient has been screened in a new phase III trial that uses its personalized, tumor-informed molecular residual disease - MRD - test, Signatera, to identify early-stage breast cancer patients eligible for investigational treatment with GlaxoSmithKline's (GSK) PARP inhibitor niraparib. The ZEST study, sponsored by GSK, is a randomized, multicenter, phase III, placebo-controlled clinical trial to evaluate the efficacy and safety of treatment with niraparib following surgery or completion of adjuvant therapy in 800 patients with either triple-negative breast cancer or HR-positive/HER2-negative, BRCA-mutated breast cancer. After definitive upfront treatment, serial testing with Signatera will be used to identify patients who have detectable MRD to evaluate therapy with niraparib versus placebo in a setting where relapse is detected early ahead of radiologically defined disease progression. This is the second phase III registrational trial to incorporate Signatera as a companion diagnostic. Signatera has been designated as a Breakthrough Device by the FDA for three different clinical indications, including one designation for the early-stage breast cancer intended use being evaluated in the ZEST trial.
AVCO

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09:05 EDT Avalon GloboCare, UPMC, Pitt to develop new cancer immunotherapy - A new collaboration among UPMC Hillman Cancer Center, the University of Pittsburgh and Avalon GloboCare aims to develop new cancer immunotherapy approaches and streamline manufacturing processes to bring these powerful treatments to cancer patients within days instead of weeks. Cancer immunotherapy, which stimulates and trains a patient's own immune system to target and kill tumors while leaving healthy cells intact, is an effective treatment for many cancer patients. One of these therapies, chimeric antigen receptor T-cell therapy, alters a patient's own T-cells to kill their cancer cells. This approach has been successful for some patients with leukemias, lymphomas and more recently, multiple myeloma, but only a limited number of patients have been able to benefit from these therapies. The new collaboration seeks to develop next-generation CAR-based cellular therapies to make them accessible to a wider range of cancer patients. "With Avalon GloboCare FLASH-CAR technology, we will use an innovative messenger ribonucleic acid-based technology platform that will allow researchers to create CAR cellular therapies much faster than before -- in just one to two days," said Hsu. "We also believe this approach will reduce toxicity and overall cost associated with current CAR T-cell therapies, meaning more cancer patients could be eligible for this type of cellular therapy." The researchers are also using the technology to develop next-generation, personalized CAR T-cell therapies, including engineering cells that target more than one tumor antigen, enhancing their ability to target and kill cancer cells. Hillman's IMCPL and Avalon GloboCare are developing a treatment for patients with relapsed or refractory B-cell lymphoblastic leukemia and non-Hodgkin lymphoma. Human clinical trials are poised to begin in mid-2022.
JAKK

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09:04 EDT JAKKS Pacific division enters multi-year contract extension for Pokemon rights - Disguise, a division of toy and consumer products manufacturer JAKKS Pacific, announced a multi-year contract extension of rights in North America, Australia and New Zealand for Pokemon commencing in 2022. Disguise will continue to design, market, manufacture, and distribute costumes, costume accessories, and trunk-or-treat kits featuring fan-favorite Pokemon such as Pikachu, Bulbasaur, Charmander, Squirtle, and Jigglypuff, as well as many other Pokemon for fans.
SCOR

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09:02 EDT Comscore signs agreement with Captivate for DOOH audience measurement - Comscore announced an agreement with Captivate, North American location-based digital video network, to provide reporting from Comscore's digital out-of-home - DOOH - solution. The new reporting includes digital ad impressions, reach, and frequency by market and demographic. Initially, Comscore will be providing Captivate with granular audience measurement across six of its networks: U.S. office elevators and lobbies; Canadian office elevators and lobbies; U.S. residential buildings; and U.S. golf clubs. Measured DOOH audiences will be made available to advertisers and agencies through Comscore Plan Metrix Multi-Platform and existing APIs. Plan Metrix combines consumers' desktop and mobile behavior with information about their lifestyles, interests, attitudes, demographics, and behaviors.
CVS

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09:00 EDT CVS Health says making 'considerable progress' across key drivers of growth - Says re-engineering cost structure, streamlining operations. Says all cash flow metrics exceeded internal targets in Q2. Says preferred use of capital is to grow business, but may consider M&A, dividend increases and share repurchases in 2022 in a "limited way." Says 65% of employees already at or above $15/hour wage. Says seeing some wage pressure but managing through it. Says core fundamentals of business are "excellent."
CAR

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08:56 EDT Avis Budget pushing to deliver $1.5B in adjusted EBITDA this year, CFO says - CFO Brian Choi notes that $1.5B in adjusted EBITDA would be close to 2x what the company achieved in 2019. Comments taken from Q2 earnings conference call.
LCII

Hot Stocks

08:50 EDT LCI Industries unit Lippert Components purchases Furrion Holdings - LCI Industries announced that its wholly-owned subsidiary, Lippert Components, a supplier of a array of highly engineered components for the leading original equipment manufacturers in the recreation and transportation product markets, and the related aftermarkets of those industries, has entered into a definitive agreement to acquire Furrion Holdings Limited , a distributor of a large range of appliances and other products to OEMs and aftermarket customers in the recreational vehicle, specialty vehicle, utility trailer, horse trailer, marine, transit bus, and school bus industries. Furrion's forecasted 2021 sales are approximately $230 million. The transaction is expected to close in the third quarter of this year, subject to customary closing conditions, including regulatory approval. "We are very excited to welcome Furrion to the Lippert family," said Jason Lippert, President and CEO of Lippert. "Our organizations got to know each other very well during our partnership in which Lippert sold Furrion appliances and electronic products to OEMs and aftermarket customers throughout the United States and Canada. Furrion has a strong management team led by CEO Darren Ho and Chief Technology Officer Steve Bell, along with Furrion's innovative R&D and engineering teams in Hong Kong, the United States, and mainland China. I believe the two companies can do great things together, and I look forward to seeing how we can innovate products to transform the industries we serve."
FFLWF

Hot Stocks

08:50 EDT Wikileaf to sell digital assets to Fire & Flower for $7.5M - Wikileaf Technologies announced that the Company has entered into a definitive purchase and sale agreement with Fire & Flower Holdings and Hifyre with respect to the sale of all of Wikileaf's digital assets including the website domain, www.wikileaf.com, for consideration of $7,500,000 satisfied through the issuance of common shares of Fire & Flower to be priced based on the ten trading day volume weighted average price of the Shares on the Toronto Stock Exchange as of the date of the Agreement. The Company will announce the date for an upcoming annual general and special meeting of shareholders by separate news release. At the Meeting, shareholders will be asked to consider, and if deemed advisable, to vote on the following matters: to elect the directors of the Company for the ensuing year;to re-appoint Raymond Chabot Grant Thornton LLP, Chartered Accountants as the auditors of the Company for the ensuing year and to authorize the directors to fix their remuneration; to pass, with or without variation, a special resolution authorizing the Company to complete the transaction set out above, which constitutes the sale of all or substantially all of its assets. Closing of the transaction is anticipated to occur on or before September 10 2021 and subject to a number of conditions including shareholder approval by the shareholders of Wikileaf and customary regulatory requirements.
DPRO

Hot Stocks

08:47 EDT Draganfly commences training for Texas EMS drone delivery services - Draganfly announced EMS pilot training is underway in Spring Branch, Texas to develop pilot skills for the Company's EMS drone delivery services. Draganfly is currently in Phase 1 as part of its ColdChain Delivery Systems contract training EMS drone delivery support personnel, which when rolled out will see operators assisting first responders including firefighters, search and rescue and medical personnel, transporting critical equipment, medical supplies and critical data to active emergency and disaster relief operations. This training builds in the skill sets needed for operators to be able to navigate the challenges these engagements bring. Pilots will gain hands-on experience of piloting drones in a variety of different scenarios, and learn the techniques required to meet the high standards set by the Company and expected by clients. The intake is made up of professional drone operators, including former US Air Force personnel who have previous experience with the likes of the MQ-9 Reaper RPA. The pilot programme, which is being run by a team of seasoned UAV professional pilots, has a strong focus on the delivery capabilities of the Draganfly fleet, and during the coaching period operators will familiarise themselves with the equipment, operations and safety protocols.
ARTL

Hot Stocks

08:47 EDT Artelo Biosciences announces publication studying plant vs synthetic cannabidiol - Artelo Biosciences announced the publication of study results in Medical Cannabis and Cannabinoids, a peer-reviewed journal. The study and related article, entitled "The Pharmacological Effects of Plant-Derived versus Synthetic Cannabidiol in Human Cell Lines," compared the in vitro effects of purified natural and synthetic forms of Cannabidiol to establish any pharmacological differences in human cell lines. The study found no in-vitro pharmacological difference in the antiproliferative, anti-inflammatory, or permeability effects of purified natural versus synthetic CBD. Gregory Gorgas, President and Chief Executive Officer of Artelo Biosciences, commented, "Since this study did not find pharmacologic differences among the CBD compositions, we believe that it is the biopharmaceutical properties that have the greatest potential to differentiate CBD products. Our CBD cocrystal should contribute to improved consistency, absorption, bioavailability, processability and stability. These properties, in turn, may lead to a product candidate with better efficacy and safety. Importantly, our patented cocrystal is comprised of both CBD and tetramethylpyrazine, each of which has have demonstrated anti-cancer properties in-vitro and in-vivo. However, individually, both of these compounds suffer from poor oral bioavailability. A recent study confirmed that when combined, there were synergistic and additive interactions between CBD and TMP in their ability to prevent cancer cell growth and to kill cancer cells. For this reason, we believe ART12.11 represents an attractive drug candidate targeting large indications, such as cancer, PTSD, inflammatory bowel disease and more. In addition, our recently issued composition of matter patents could form the basis for market exclusivity through the end of 2038."
CNDT

Hot Stocks

08:46 EDT Conduent rolls out contactless payment across transportation in Bergamo, Italy - Conduent Transportation announced the implementation and rollout of a contactless payment system that allows tickets to be purchased directly on board buses and funicular railways managed by Azienda Trasporti Bergamo and trams managed by its associated company, Tramvie Elettriche Bergamasche. Nearly 600 contactless validators have been installed on all vehicles in the ATB and TEB network that serves a population of approximately 380,000 residents. Conduent validators allow riders to access the services using major contactless credit and debit cards, including Visa, Mastercard, Maestro, American Express, and NFC-enabled devices. These devices include smartphones and smart watches with digital wallets, such as Google Pay, Apple Pay and Samsung Pay.
DXR

Hot Stocks

08:44 EDT Daxor announces new data published on its BVA-100 diagnostic blood test - Daxor announces new data published in the journal Critical Care showing Daxor's unique BVA-100 diagnostic blood test provides insights into the pathophysiology of volume derangements and capillary distress in critically ill COVID-19 patients enabling improved care. The Research Letter titled "Blood volume and albumin transudation in critically-ill COVID-19 patients" studied the abnormal blood volume profiles in mechanically ventilated patients admitted to the ICU at a leading medical center in New York. The data shows that COVID-19 patients suffer from significant capillary damage and blood volume deficits that care teams became aware of through the use of the Daxor BVA-100 blood test. "Having this preliminary data published in such a prestigious medical journal as Critical Care highlights the importance of Daxor's BVA technology in helping clinicians understand COVID-based volume derangements to improve care and outcomes," said Michael Feldschuh, CEO and President of Daxor. "Daxor's BVA test is the first and only diagnostic test cleared by FDA that offers insights into patients' blood volume with a 98% accurate measure of plasma and red cell volume."
USIO VYGVF

Hot Stocks

08:43 EDT Usio, Voyager Digital to enable merchants to accept cryptocurrency as payment - Usio (USIO) announced that it has partnered with Voyager Digital (VYGVF) to enable its merchants to accept many prominent cryptocurrencies as payment. Louis Hoch, President and Chief Executive Officer of Usio, said, "The introduction of new technology that enables our merchants to accept various types of cryptocurrencies as a form of tender for all of our payment acceptance solutions further illustrates our commitment to forward-thinking thought leadership in the industry. Use of cryptocurrency is on the rise. Providing our merchants with the ability to accept crypto safely and securely, just like we provide with traditional electronic payment options, will enable the merchants and ISV's we serve to meet the increasingly diverse payment needs of their customers, which we anticipate will increase customer participation, retention and revenue. The development of this new technology further reinforces our commitment to cryptocurrency markets, which already includes supporting the electronic payment and disbursement needs of crypto exchanges and related organizations." Usio's new product will enable merchants to accept cryptocurrency as payment in-person, online, via electronic invoice or text-to-pay, among others, and can be transacted using the Voyager app. Usio will support as many as sixty cryptocurrencies across the globe, making it simple, convenient, and safe. Usio expects this service to be available in late 2021.
ATHE

Hot Stocks

08:43 EDT Alterity Therapeutics issued patent by USPTO for neurodegenerative diseases - Alterity Therapeutics has been issued a Notice of Allowance by the USPTO which secures exclusivity for a new group of iron chaperones designed to redistribute the excess iron implicated in many neurodegenerative diseases, including Alzheimer's and Parkinson's. The patent covers more than 80 novel compounds and underwent prioritized examination by the USPTO. The notice of allowance means that the USPTO would issue the patent after certain administrative steps have been completed. The patent will confer on Alterity approximately 20 years of exclusivity over the the compounds claimed in the patent.
QUBT

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08:42 EDT Quantum Computing announces QUBT University - Quantum Computing announced its QUBT University program. The program will empower qualified students to get hands-on experience with quantum computing and quantum-ready algorithms like QUBO and QAOA by providing access to QCI's flagship product Qatalyst, a ready-to-run software for solving complex optimization problems on both classical and quantum computers, as well as quantum educational resources. Students can solve their first quantum-ready problem within a few days versus the many months it might otherwise take to code the same quantum problem as a quantum program. The Quantum Club of Notre Dame University will be the first student participants in QUBT University. They will solve three complex problems, each with increasing difficulty, as part of the initial Qatalyst work. Their experiences and feedback will be instrumental in expanding and evolving QUBT U to advance education in the field.
RCI DIS

Hot Stocks

08:41 EDT Rogers announces exclusive Disney+ offer with select plans - Rogers Communications (RCI) announced that select Rogers Infinite plans now come with an exclusive offer of six months of Disney+ (DIS), and select Ignite TV and SmartStream plans now come with an exclusive offer of up to 12 months of Disney+ when customers sign up for a Disney+ subscription through Rogers. With summer in full swing and viewers looking to binge-watch between seasons, customers can catch their favourite movies and shows across six premium content brands available on Disney+.
SRPT

Hot Stocks

08:41 EDT Sarepta executes licensing agreement for gene therapy program - Sarepta Therapeutics announced that upon completion of a number of preclinical and safety studies, it had executed an exclusive license agreement for an investigational gene therapy candidate, calpain 3, to treat Limb-girdle muscular dystrophy type 2A, developed by the Abigail Wexner Research Institute at Nationwide Children's Hospital. LGMDs represent a group of distinct genetic neuromuscular diseases with a generally common set of symptoms, including progressive, debilitating weakness and wasting that begins in muscles around the hips and shoulders before progressing to muscles in the arms and legs. "Treatment plans for LGMD2A are currently limited to physical therapy, assistive devices and surgery for complications. We're excited about the opportunity to transform patient care for this significantly life-limiting disease by advancing the CAPN-3 program following extensive pre-clinical work by the team at Nationwide Children's. Preclinical research conducted to date has provided early proof of concept for CAPN-3 in LGMD2A and supports further advancement," said Louise Rodino-Klapac, Sarepta's executive vice president and chief scientific officer. "We intend to build off the knowledge we have gained from our lead investigational gene transfer programs for Duchenne muscular dystrophy and LGMD2E, as the CAPN-3 program also uses the AAVrh74 vector to address another well-characterized genetic disease. Sarepta's commitment and research investment in LGMD is unparalleled and we continue to work towards advancing all of our LGMD programs as quickly as possible."
CODI

Hot Stocks

08:39 EDT Compass Diversified announces simplification of tax structure - Compass Diversified announced that, on August 3, 2021, its shareholders voted to approve amendments to the governing documents of Compass Diversified Holdings to allow the Board of Directors to cause the Trust to "check-the-box" to elect to be treated as a corporation for U.S. federal income tax purposes. CODI also announced that, following the shareholder vote, the Board has resolved to cause the Trust to elect to be treated as a corporation for U.S. federal income tax purposes. Such election will be effective September 1, 2021. "We thank our shareholders for their support of this important change, which we believe presents a significant opportunity to unlock value for our current and future shareholders," said Elias Sabo, CEO of CODI. "The simplification of our tax structure is a continuation of our efforts to find more efficient ways to lower our cost of capital following the strengthening of our capital structure earlier this year. In addition, we believe that electing to be treated as a corporation for tax purposes will allow CODI to expand its shareholder base and improve the likelihood of our stock's inclusion within stock indices." "CODI expects that being treated as a corporation for U.S. federal income tax purposes will: Increase share liquidity with broadened pool of investors; Reduce weighted average cost of capital; Create more flexibility in investment decisions; Improve the likelihood of CODI's stock's inclusion within stock indices; Improve the Company's profile with ratings agencies; and Reduce administrative cost," the company said.
FTXP

Hot Stocks

08:39 EDT Foothills Exploration provides update on energy transition - The Company's New Energy Ventures subsidiary is developing a deep hydrogen observatory project, an internal research program designed to identify and locate natural hydrogen signatures globally. Natural hydrogen is an emerging field of the energy industry that has the potential to drastically change the pace of the global energy transition to net zero. The artificial intelligence-driven project will employ satellite imagery and geographical information systems for the synergistic application of an algorithm-based model to discover natural hydrogen seeps globally. NEV is assembling a transdisciplinary technical team comprised of professionals from various disciplines of Earth Science and Engineering who will work across traditional disciplinary lines to gain a better understanding of natural hydrogen system logic and lead to the successful discovery of natural hydrogen prospects globally. This project will be complemented by the recently announced joint venture between NEV and Perspectum Drone Inspection Services Ltd., which will develop a drone-based detection system to identify natural hydrogen emanations and helium potential. The Company will provide a more comprehensive update on New Energy Ventures and its future initiatives in the coming weeks. Foothills is currently developing a 16,000-acre multi-stacked pay Exploration Development Area in Fremont County, Wyoming, which is highly prospective for oil and natural gas. The Company has retained advisers, Geopinion, Inc., to present geological information supporting the development of a Frontier Formation resource opportunity by applying for a Federal Exploration Unit. The planned Federal Unit obligation wells are in the process of "Notice of Staking" and "Application Permit to Drill" on wells that will test the Cretaceous reservoir analogues to the adjacent "Beaver Creek," "Riverton Dome," and "Sand Draw" fields and specifically analog targets in the Frontier Formation sands being aggressively developed by horizontal drilling activity in the Powder River Basin Wyoming, to the east. Filing this Federal Unit application is made in the interest of the obtaining the greatest ultimate recovery of oil and gas and the conservation of natural resources in this large leasehold position. The Wind River project has the potential to produce from several formations. The initial drilling program is focused on the Frontier zone. Analog Frontier Fields: Powder River Basin - Spearhead Ranch has produced to date: 9,698,788 barrels oil; 60,454,165 MCF gas; Wind River Basin - Riverton Dome has produced to date:4,646,398 barrels oil; 221,897,629 MCF gas; All production from vertical wells. Foothills' acreage is in this large undrilled area and is along the eastern flank of a deeper sub basin in the Wind River Basin proper. Here a deep structural deposit called the Beaver Creek field has produced approximately 73.3 million barrels of oil and 934,781,606MCF of gas. The Big Sand Draw field, updip to the south, has produced 62.0 million barrels of oil and 256,678,537 MCF of gas from multi-pay horizons. These are generally in the Frontier, Muddy, Lakota, Morrison, Phosphoria, Tensleep and Madison formations.
NFH

Hot Stocks

08:39 EDT New Frontier Health enters merger agreement for going private transaction - New Frontier Health announced that it has entered into a definitive agreement and plan of merger with Unicorn II Holdings, Unicorn II Parent, a wholly-owned subsidiary of HoldCo, and Unicorn II Merger Sub, a wholly-owned subsidiary of parent. Pursuant to the merger agreement and subject to the terms and conditions thereof, merger sub will merge with and into the company, with the company continuing as the surviving entity and becoming a wholly-owned subsidiary of parent, in a transaction implying an equity value of the company of approximately $1.58B. Pursuant to the merger agreement, at the effective time of the merger, each ordinary share of the company issued and outstanding immediately prior to the effective time, other than the excluded shares and the dissenting shares, will be cancelled in exchange for the right to receive $12.00 in cash without interest, and each outstanding warrant of the company, other than the excluded warrants, will be cancelled in exchange for the right to receive $2.70 in cash without interest. In addition to the amount of per warrant merger consideration, in respect of each warrant, other than the excluded warrants, for which the holder thereof has timely provided consent to the warrant amendment and has not revoked such consent prior to the deadline established by the company for the warrantholders to submit consents, the holder of such warrant will have the right to receive, for each such Warrant, a consent fee of 30c in cash without interest. The per share consideration represents a premium of 27.9% to the closing price of the company's shares as quoted by the New York Stock Exchange on February 8, the last trading day prior to the company's receipt of the "going-private" proposal, and a premium of 36.8% over the volume-weighted average closing price of the company's shares during the 30 trading days through February 8. .
CVS

Hot Stocks

08:38 EDT CVS Health, Aetna to enter ACA marketplaces for certain states for Jan. 1, 2022 - Aetna and CVS Health will enter the ACA individual insurance marketplace in Texas, Florida, North Carolina, Missouri, and Nevada for January 1, 2022.
FTXP

Hot Stocks

08:38 EDT Foothills Exploration completes Phase I compliance initiative - Foothills Exploration is pleased to provide a corporate and operational update and announce the completion of its Phase I compliance initiative. On July 14, 2021, the Company filed its Q3 2020 Quarterly Report with OTC Markets and on July 21, 2021, the Company also filed its 2020 Annual Report with OTC. On July 30, 2021, the Company filed its Q1 2021 Quarterly Report enabling it to become assigned to the OTC Pink Current tier. The Company has made all the required financial information filings to become OTC Pink Current ahead of its previously announced deadline of September 30th, 2021. The Company is now working to complete the necessary steps enabling it to up-list to the OTC.QB and is beginning with the auditing process. Management is currently evaluating several small to mid-sized production and exploration opportunities in the U.S. Mid-Continent and Rocky Mountain regions to add to the Company's asset portfolio.
LFMD

Hot Stocks

08:37 EDT LifeMD partners with Particle Health to provide health records to providers - LifeMD announced a partnership with Particle Health. With Particle Health's platform, and patient consent, licensed medical providers on the upcoming LifeMD platform gain instant access to comprehensive patient health records from a database covering over 90% of the US population, therefore enabling best-in-class, personalized care through a deeper understanding of their patients' medical histories. "Particle Health has re-envisioned access to medical records by integrating their technology platform into our system. Thanks to the vital medical data delivered by Particle Health's secure technology platform, LifeMD will launch with the capability to provide comprehensive personalized medical care without all the noise and complication associated with traditional healthcare data on legacy systems," said Justin Schreiber, Chairman and CEO of LifeMD.
IMV

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08:37 EDT IMV Inc. CEO Frederic Ors departs, Andrew Hall appointed interim CEO - IMV announced that Frederic Ors has stepped down as Chief Executive Officer, CEO, effective immediately. The IMV Board has appointed Andrew Hall, the Company's Chief Business Officer, as Interim CEO. The Company's Board is commencing a comprehensive search process to identify a permanent CEO. "On behalf of the Board and everyone at IMV, I want to thank Fred for his valuable contributions and years of service to IMV," said Andy Sheldon, Chairman of the IMV Board. "During Fred's tenure, IMV successfully established the Company's proprietary technology as a novel immune-oncology platform. He led the company to demonstrate the value of this approach through the successful completion of clinical trials with the platform's first development product, maveropepimut-S, proving clinical benefit for patients with both solid and liquid tumors. His vision, tenacity and leadership have been critical for building IMV's story, and we wish him all the best in his future endeavors." Mr. Sheldon continued, "As IMV advances its proprietary DPX programs and platform to benefit cancer patients and create value for shareholders, the Board determined that now is the right time to transition to new leadership. With this transition, we look forward to IMV continuing to demonstrate the clinical utility of maveropepimut-S as well as expanding its platform to create additional novel therapeutics with the potential to improve the lives of cancer patients with high unmet medical need. With multiple important trials initiated and results expected in the coming months and years, we believe we can establish IMV as a leader in oncology immunotherapy."
CVS

Hot Stocks

08:36 EDT CVS Health, Aetna to enter ACE marketplaces for certain states for Jan. 1, 2022 - Aetna and CVS Health will enter the individual insurance marketplace in Texas, Florida, North Carolina, Missouri, and Nevada.
PCSA

Hot Stocks

08:35 EDT Processa Pharmaceuticals announces first patient dosed in PCS6422 study - Processa Pharmaceuticals announced it has dosed the first patient in its Phase 1b Dose-escalation Study of the Safety and Pharmacokinetics of Fixed-dose PCS6422 With Escalating Doses of Capecitabine Administered Orally to Patients With Advanced, Refractory Gastrointestinal Tract Tumors. "We believe that the irreversible inhibitor effects of PCS6422 on the dihydropyrimidine dehydrogenase enzyme may significantly improve exposure to the cancer killing 5-FU metabolites while reducing the 5-FU metabolites, like alpha-fluoro-beta-alanine, related to dose limiting side effects such as hand foot syndrome. The dosing of the first patient in our Phase 1b trial represents an important step to explore PCS6422's potential as a disease modifying therapy for capecitabine," said Dr. Sian Bigora, Chief Development Officer. "By the end of 2021, we expect to have interim results evaluating the positive effect that PCS6422 has on capecitabine while in 2022 we anticipate being able to define a new maximum tolerated dose and potential biomarkers for the PCS6422 - capecitabine combination which will help us to define the pivotal Phase 3 study design needed for FDA approval."
BTTR

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08:34 EDT Better Choice patners with Pet Supplies Plus to launch Halo Elevate - Better Choice announced it has reached an agreement with Pet Supplies Plus, the third largest pet specialty retailer in the United States, to launch a new brand of premium, natural pet food; Halo Elevate. Pet Supplies Plus operates more than 560 locations across the United States and has a presence in 36 states and counting. "We are very excited to officially announce Pet Supplies Plus as a premiere national launch partner for Halo Elevate, our ground-breaking new brand of super premium, natural pet food. Pet Supplies Plus' commitment to delivering high quality pet food and products makes them an ideal partner for Halo Elevate. We are looking forward to being on the shelf in early 2022," said Scott Lerner, CEO of Better Choice.
VRTX

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08:34 EDT Vertex Pharmaceuticals appoints Stuart Arbuckle COO - Vertex Pharmaceuticals announced that Stuart A. Arbuckle has been appointed as the company's Executive Vice President, Chief Operating Officer, COO, effective immediately. Mr. Arbuckle has served as Vertex's Executive Vice President and Chief Commercial Officer since 2012 and expanded his role to include oversight of operations earlier this year.
LIVE

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08:33 EDT Live Ventures denies all SEC allegations, plans to defend itself in court - Live Ventures announced that after a nearly four-year investigation, the SEC has filed charges against the company. The company said, "The company categorically denies all charges and will vigorously defend itself. The company asserts that the SEC's pursuit of this matter will not result in any benefit to investors and instead will only serve as a distraction from core business. Live Ventures has enlisted the representation of highly experienced and respected attorney John Hueston of the law firm Hueston Hennigan. The company looks forward to its day in court and vindication at trial."
HERTF

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08:31 EDT Heritage Cannabis CEO Clint Sharples to switch roles, David Schwede to succeed - Heritage Cannabis announced changes to its board of directors and appointment of a new CEO. Donald Ziraldo has recently resigned from the board of directors and his position as chair for personal reasons and to pursue other business initiatives. Clint Sharples will assume the position as chair of the board, and in conjunction with this, Sharples has stepped down as CEO of the company. The board has appointed David Schwede as his successor in the role of CEO. Schwede originally joined Heritage as president of recreational following the acquisition of Premium 5. David Schwede, Heritage's incoming CEO has been appointed as a director of the board.
BRSP

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08:26 EDT BrightSpire Capital boosts quarterly dividend to 16c from 14c - On August 4, 2021, the Company's Board of Directors declared a quarterly cash dividend of 1c6 per share to holders of Class A common stock for the third quarter of 2021, which will be paid on October 15, 2021, to common stockholders of record on September 30, 2021.
CMLS

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08:26 EDT Cumulus Media completessale of non-core Nashville Real Estate for $34M - Cumulus Media announced that it has successfully completed the sale of non-core real estate in Nashville to a partnership comprised of Centrum Realty and Development and Nashville Capital Group for $34 million in gross proceeds. Francisco Lopez-Balboa, Executive Vice President and Chief Financial Officer of CUMULUS MEDIA, said, "We are very pleased to complete this nicely accretive non-core asset sale on a swift timeline at a value that exceeded expectations. This transaction is yet another example of our relentless focus on positioning the Company for maximum strategic and financial flexibility by continuing to de-lever the balance sheet, enhance liquidity and execute our multiple growth initiatives." With the net proceeds from the transaction, the company is required to pay down debt, pro rata between its Term Loan Credit Facility due 2026 and it 6.75% Senior Secured First Lien Notes due 2026, subject to a 12-month reinvestment right.
GTHX

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08:24 EDT G1 Therapeutics granted NTAP for COSELA by CMS - G1 Therapeutics announced that the Centers for Medicare & Medicaid Services, or CMS, has granted a new technology add-on payment, or NTAP, for COSELA when administered to Medicare beneficiaries in the hospital inpatient setting. It will become effective for provider billing on October 1, 2021. An NTAP provides additional payment to hospitals above the standard Medicare Severity Diagnosis-Related Group payment amount. This grant follows the receipt of a C Code for pass through hospital outpatient system use and a permanent J Code for all sites of care. The NTAP will provide hospitals with a payment, in addition to the standard-of-care DRG reimbursement, of up to 65 percent of the average cost of the technology if the cost of the discharge exceeds the full DRG payment. As such, beginning on October 1, 2021, CMS will provide an additional maximum payment of $5,526.30 for COSELA when used in the inpatient hospital setting for fiscal year 2022. Congress created the NTAP program to ensure that Medicare beneficiaries have timely access to innovative therapies while the agency collects data about them to use in future rate-setting.
INAB

Hot Stocks

08:23 EDT In8bio appoints Fairbairn and Greenwood to board of directors - IN8bio announces the appointments of Emily Fairbairn and Luba Greenwood as new members of its Board of Directors. Fairbairn is currently a principal of Transcend Partners and was co-founder and CEO of Ascend Capital for nearly 20 years. Greenwood serves as Managing Partner of Binney Street Capital and co-founded and is currently CEO of LUCA Biologics. Fairbairn will be serving on the nomination and corporate governance committee, while Greenwood will be serving on the audit and compensation committees. Their terms will both expire at the annual meeting of stockholders to be held in 2022.
CTMX

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08:21 EDT CytomX Therapeutics announces three publications on pacmilimab - CytomX Therapeutics announced the publication of three articles in peer-reviewed journals on pacmilimab), the company's wholly-owned conditionally activated antibody directed against PD-L1 currently being developed in combination with praluzatamab ravtansine for the treatment of triple-negative breast cancer. "First-in-human PET Imaging Study of Pacmilimab Biodistribution Published in Clinical Cancer Research." To evaluate the effect of Probody modifications on biodistribution and pharmacokinetics, the company studied the biodistribution of pacmilimab labeled with the positron emission tomography isotope, zirconium-89, in patients with locally advanced or metastatic malignancies. 89Zr-labeled pacmilimab was found to be intact in the blood for up to 7 days and predominantly in its masked form in circulation, consistent with Probody design. All patients showed uptake of radioactivity into tumor lesions. Tumor-to-blood ratio of radioactivity increased over time, indicating that tumor uptake of pacmilimab is specific and retained in the tumor. "First-in-human Study of Pacmilimab in Patients with Advanced Solid Tumors Published in the Journal for ImmunoTherapy of Cancer." Combining all patients treated at 10 mg/kg, the overall objective response rate in 114 evaluable patients who had at least one post-baseline disease assessment was 12 percent, with a disease control rate of 42%. At the RP2D of 10 mg/kg, pacmilimab displayed a favorable tolerability profile. Grade 3 or higher treatment-related adverse events were reported in 10 patients and serious TRAEs in six patients. The discontinuation rate due to TRAEs was a low 2%. Grade 3 or higher irAEs occurred in two patients, one each for rash and myocarditis. "First-in-human Study of Pacmilimab in Combination with Ipilimumab in Advanced Solid Tumors Published in the Journal for ImmunoTherapy of Cancer." The goal of this first-in-human dose-finding study was to evaluate the tolerability and preliminary antitumor activity of pacmilimab combined with ipilimumab in patients with advanced, unresectable solid tumors. Twenty-seven patients who had not been previously treated with an ICI were enrolled. The ORR was 19%, including one patient with anal squamous cell carcinoma having a complete response and four partial responses in patients with leiomyosarcoma, mesothelioma, testicular cancer, and cancer of unknown primary. Moreover, these responses appeared durable, with four of five responses lasting for more than 1 year as of data cutoff on August 28, 2020, including the patient with a complete response maintaining for more than 24 months.
LIVE

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08:20 EDT SEC charges Live Ventures with financial, disclosure and reporting violations - The Securities and Exchange Commission charged Live Ventures, its CEO, its CFO, an LLC controlled by the CEO, and another Nevada-based public company with multiple financial, disclosure, and reporting violations related to inflated income and earnings per share, stock promotion and secret trading, and undisclosed executive compensation. The SEC's complaint alleges that Las Vegas-based Live Ventures Incorporated and its CEO, Jon Isaac, recorded income from a backdated contract to boost Live Ventures' pre-tax income for FY16 by 20%. Live Ventures and Isaac also allegedly overstated earnings per share by 40% by improperly understating Live Ventures' outstanding share count. The complaint alleges that in addition to disclosing falsified financial results, Isaac hired a stock promoter to boost interest in Live Ventures. As alleged, the financial manipulation and stock promotion caused Live Ventures' share price to spike. Isaac allegedly profited by secretly selling Live Ventures shares in a nominee account that he controlled in the name of Kingston Diversified. The complaint also alleges that Live Ventures misrepresented the date on which it had acquired a new subsidiary from Appliance Recycling Centers of America, enabling Live Ventures to report a positive net income for Q1 of 2018, which otherwise would have been an unprofitable quarter. According to the complaint, Isaac and Virland Johnson, who held the position of CFO at both Live Ventures and ARCA, engaged in a scheme to misrepresent the effective acquisition date, and lied to Live Ventures' auditors about the acquisition date to ensure Live Ventures could report positive net income. The complaint further alleges that Isaac underreported his executive compensation in Live Ventures' proxy statements. As alleged, for the fiscal years 2016, 2017, and 2018, Live Ventures disclosed that Isaac received, in aggregate, $162,000 of additional compensation, even though he had actually received approximately $315,000 during that period. Reference Link
PHRRF

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08:18 EDT PharmaTher granted orphan drug designation for ketamine to treat ALS - PharmaTher Holdings is pleased to announce that the U.S. Food and Drug Administration has granted orphan drug designation for ketamine in the treatment of Amyotrophic Lateral Sclerosis, also known as Lou Gehrig's disease. PharmaTher has an exclusive license agreement with The University of Kansas for the development and commercialization of the intellectual property of ketamine in the treatment of ALS. The FDA evaluated the research data licensed from KU in the ODD application that ultimately served as the foundation to allow the FDA to grant the designation. The Company is also working with clinicians in finalizing a phase 2 study protocol to evaluate ketamine for ALS in the U.S. Ketamine has the potential to effectively increase the life expectancy of those with ALS at any stage and slow the progressive loss of muscle associated with poor outcomes of the disease. The University of Kansas Medical Center researchers and inventors of the potential use of ketamine to treat ALS, Dr. Richard J. Barohn, M.D., John A. Stanford, Ph.D., and Dr. Matthew Macaluso, D.O., have made the promising discovery that ketamine can be administered as an effective treatment for ALS. In addition, unpublished and patent-pending preclinical research has shown that the administration of ketamine preserves muscle function in advancing ALS and increases life expectancy when given in the early stages of muscle decline.
CAPR

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08:16 EDT Capricor Therapeutics announces joint publication with US Army Institute - Capricor Therapeutics announced the publication, of a manuscript, which shows that cardiosphere-derived exosomes can attenuate kidney damage and promote new blood vessel formation in a preclinical model of acute trauma, both of which are important factors in post-shock recovery. The publication titled, "Extracellular vesicles derived from cardiosphere-derived cells as a potential antishock therapeutic" was published in the international peer-reviewed journal, The Journal of Trauma and Acute Care Surgery in collaboration with researchers at the United States Army Institute of Surgical Research. "I am very excited to share the published results of this important study," said Linda Marban, Ph.D., Capricor's CEO, "This has been a key collaboration between the USAISR and Capricor and shows the importance of CDC-EVs as a potential anti-shock therapeutic. The military continues to look for therapeutics that can be delivered in the field to stabilize wounded warriors. While cell therapy held promise in that arena, a lyophilized product that does not require ultra-cold storage is preferable. We believe that our CDC-EVs could potentially be that product. While further work is required to elucidate the full extent of possible clinical implications for CDC-EVs in treating trauma, these results certainly are a very important first step in that evaluation. We are delighted to work with the USAISR and look forward to extending this collaboration." The goal of the study was to determine the therapeutic potential of CDC-EVs in a rat model of acute traumatic coagulopathy induced by polytrauma and hemorrhagic shock. CDC-EVs were not functionally procoagulant and did not interfere with platelet function, a pathological feature of acute polytrauma which was not ameliorated by another source of EVs, made from MSCs, in vitro. The findings suggest early delivery could improve outcomes of polytrauma and hemorrhagic shock, which is possible in the field due to the ease of utility, possibly being carried in a medic's pack.
FATE LEGN

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08:15 EDT Fate Therapeutics appoints Yuan Xu to board of directors Legend Biotech - Fate Therapeutics (FATE) announced the appointment of Yuan Xu, Ph.D., to its Board of Directors as an independent director. Dr. Xu brings to Fate Therapeutics over 25 years of discovery, development, manufacturing, and commercial experience in the global biopharmaceuticals business, most recently serving as the CEO and Board Member of Legend Biotech Corporation (LEGN) where she led the company's efforts in advancing ciltacabtagene autoleucel from proof-of-concept in 2018 to BLA preparation in 2020.
PAE

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08:15 EDT PAE-Perini awarded $38.6M task order on Air Force Contract Augmentation Program - The U.S. Air Force has awarded PAE-Perini LLC a task order on the Air Force Contract Augmentation Program V contract vehicle to provide installation support and sustainment services to the 724th Expeditionary Air Base Squadron in Agadez, Niger. The total evaluated price is $36.8M. PAE-Perini is a joint venture between PAE and Perini Management Services. On this task order, PAE-Perini will provide civil engineering support, including operations, maintenance and repair services and force support services for mission partners and personnel through September 2026.
ONE

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08:15 EDT OneSmart receives NYSE non-compliance letter - OneSmart has received a letter from the NYSE notifying OneSmart that it is below compliance criteria in connection with the performance of trading price of OneSmart's ADSs. Once notified, the company must bring its share price and average share price back above $1.00 by six months following receipt of the notification. To address this issue, the company intends to monitor the market conditions of its listed securities and is still considering its options.
IRDM

Hot Stocks

08:14 EDT Iridium's Certus connectivity selected by Canadian Coast Guard - Iridium announced that the Canadian Coast Guard has adopted Iridium Certus connectivity with support from Iridium partner MetOcean Telematics. The Coast Guard deployed dozens of Iridium Certus Thales VesseLINK 700 terminals on its vessels, including icebreakers, to contribute to internet connectivity. Iridium Certus connectivity supports the Coast Guard's general safety with access to navigational data and weather reports, which is a large improvement from historical solutions.
ECOR

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08:13 EDT electroCore announces publication on gammaCORE - electroCore announced the release of an article entitled "gammaCore for Cluster Headaches: A NICE Medical Technologies Guidance" in the journal PharmacoEconomics highlighting the cost impact of gammaCore's non-invasive vagus nerve stimulation therapy platform for patients with cluster headaches. The paper is part of a series that provides insight into the development of UK National Institute for Health and Care Excellence medical technologies guidance for new or innovative medical devices or diagnostics. The aim of the guidance is to support the adoption of clinically effective and cost-saving technologies in the UK National Health Service. The paper validated that gammaCore both reduces the frequency and severity of cluster headaches when used with standard of care and provides a EURO 450 per patient savings in the first year of therapy versus standard of care alone. "PharmacoEconomics reiterating the evidence supporting gammaCore's effectiveness and economic benefit provides further support that gammaCore can play an important role in providing value-based therapy" commented Iain Strickland, VP Global Sales and Strategy of electroCore. "We look forward to the growth of our UK business as we continue to educate prescribers and payers on both the NICE medical technologies guidance and the MedTech Funding Mandate policy throughout the year. "
BYND

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08:12 EDT Beyond Meat expands partnership with A&W Canada to launch Beyond Meat Nuggets - Beyond Meat announced another exciting milestone in its partnership with A&W Canada with the introduction of Beyond Meat Nuggets. "Beyond Meat Nuggets couldn't come at a more perfect time," said Deanna Jurgens, Chief Growth Officer, Beyond Meat. "We've doubled down on plant-based chicken this summer, just as consumer demand for chicken is skyrocketing. Following the success of our partnership on the Beyond Burger, we're proud to be working with A&W Canada to debut Beyond Meat Nuggets in Canada." As part of the company's expanding plant-based poultry platform, Beyond Meat has been making strides in plant-based chicken in recent weeks, including the launch of Beyond Chicken Tenders in the U.S. Beyond Meat Nuggets, a brand new product, are making their debut at A&W Canada locations nationwide, marking an important milestone between Beyond Meat and A&W Canada as they work to bring increased choice and more diverse protein options to menus.
FAMI

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08:12 EDT Farmmi wins multi-product order from Israel - Farmmi's subsidiary Zhejiang Forest Food won a multi-product order for export to Israel. This latest sales win is for dried whole and sliced Shiitake mushrooms, and dried black fungus.
INO

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08:11 EDT Inovio doses first participant in Phase 2 trial for MERS vaccine - Inovio has dosed the first Phase 2 trial subject in its quest to develop the first vaccine against the Middle East Respiratory Syndrome, or MERS. INOVIO's Phase 2 trial is designed to evaluate INO-4700, its DNA vaccine candidate for the prevention of MERS, a disease in the coronavirus family for which there are no approved vaccines. The Phase 2 trial is designed to evaluate the safety, tolerability, and immunogenicity of INO-4700 administered with Inovio's smart device, the Cellectra 2000, in approximately 500 healthy adult volunteers. The study, which is sponsored by Inovio and fully funded by the Coalition for Epidemic Preparedness Innovations, is being conducted at sites in Jordan and Lebanon where MERS cases have been reported. This trial builds on the positive results of the Phase 1 trial. Results from this first-in-human Phase 1 trial found high levels of binding antibodies in 92% of evaluated subjects. Significant antigen-specific cytotoxic T-lymphocyte responses were also observed. 98% of vaccinated subjects generated an antibody and/or T cell response against the MERS vaccine.
CVS

Hot Stocks

08:11 EDT CVS Health raises FY21 Health Care benefits revenue view to $79.9B-$81.2B - Prior view was $79.4B-$80.87B. Raises FY21 Pharmacy Services revenue view to $148.4B-$150.9B from $147.9B-$150.4B. Raises FY21 Retail/LTC revenue view to $94.3B-$95.6B from $93.8B-$95.1B. Guidance taken from investor presentation slides for Q2 earnings conference call.
INNV

Hot Stocks

08:09 EDT InnovAge makes equity investment in Jetdoc - InnovAge announced that it has made an equity investment in telehealth platform Jetdoc, a telehealth and virtual urgent care app. InnovAge will also partner with Jetdoc to develop a virtual care and remote patient monitoring platform purpose-built for participants and caregivers of the Program of All-inclusive Care for the Elderly, or PACE. The platform will be designed to support the unique PACE interdisciplinary care model, in which each senior in the program has a team of medical experts assigned to their care team. Additionally, Alice Raia, chief information officer of InnovAge, has joined Jetdoc's board of directors. "Ever since the Centers for Medicare & Medicaid Services issued guidance to PACE organizations in March 2020 in response to the coronavirus pandemic, telehealth has become an important tool as we help seniors live independently and in their own homes for as long as safely possible," said InnovAge President and CEO Maureen Hewitt. "The accelerated adoption of telehealth brought on by COVID-19 has demonstrated the need to have a platform that works with the unique aspects of the PACE model, including our interdisciplinary team approach. Partnering with Jetdoc will allow us to build upon a proven technology solution and work with a leading provider of access to virtual care."
FSTX MRK

Hot Stocks

08:08 EDT F-star Therapeutics announces collaboration with Merk - F-star Therapeutics (FSTX) announced that it has entered into a clinical trial collaboration and supply agreement with Merk (MRK), to evaluate the combination of FS120, F-star's first-in-class dual-agonist tetravalent bispecific antibody targeting CD137 and OX40, with KEYTRUDA, MSD's anti-PD-1 therapy. Under the terms of the agreement, MSD will supply KEYTRUDA for a combination arm that will be included in the adaptive Phase 1 clinical protocol of FS120, sponsored by F-star, that was initiated in December of 2020. FS120 is currently being explored as a monotherapy in dose escalation, including the evaluation of pharmacokinetics and pharmacodynamics in patients with advanced cancer. FS120 will also be evaluated in combination with KEYTRUDA, with the potential for early demonstration of clinical activity in specific tumor subtypes. F-star expects to provide a progress update on the FS120 monotherapy accelerated dose titration cohorts later this year and plans to initiate the KEYTRUDA combination cohorts in the second half of 2022, following completion of the FS120 monotherapy dose escalation.
ZTS

Hot Stocks

08:06 EDT Zoetis to acquire animal health company Jurox, terms undisclosed - Zoetis announced it has entered into an agreement to acquire Jurox, a privately held animal health company, which develops, manufactures and markets a wide range of veterinary medicines for treating companion animals and livestock. Jurox's operations are based in Australia, with additional regional offices and subsidiaries in New Zealand, U.S., Canada and the UK. Financial terms of the transaction are not being disclosed. Once completed, the acquisition of Jurox will bring Zoetis a range of important products primed for greater global expansion; a valuable animal health portfolio, including Alfaxan, a leading anaesthetic product for companion animals; and high-quality, local manufacturing operations in Australia, a critical region for growth. Australia is Zoetis' fifth largest market, based on $207 million in revenue in 2020.
ALDX

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08:05 EDT Aldeyra receives orphan drug designation for ADX-2191 from FDA - Aldeyra announced that the FDA has granted orphan drug designation for ADX-2191 for the treatment of retinitis pigmentosa, or RP. There are no approved drug treatments for patients with RP, a clinical group of rare genetic eye diseases characterized by retinal cell death and loss of vision. The disease affects an estimated 82,000-110,000 individuals in the United States, and approximately 1 in 4,000 people worldwide.
RCL

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08:05 EDT Royal Caribbean expects to incur a net loss for Q3, FY21
RCL

Hot Stocks

08:05 EDT Royal Caribbean sees CapEx for remainder of 2021 $900M - Depreciation and amortization expenses for the third quarter of 2021 are expected to be in the range of $320- $325 million.
RCL

Hot Stocks

08:04 EDT Royal Caribbean: Bookings volumes have improved, pricing 'strong' - The company said: "Overall booking volumes have improved, and pricing remains strong. During the second quarter the Company received about 50% more new bookings compared to the first quarter with trends improving from one month to the next. By June, the Company was receiving about 90% more bookings each week when compared to the first quarter with improvements of a similar magnitude for both 2021 and 2022 sailings. The surge in bookings has been extremely encouraging especially for 2022 and beyond. The return of cruising has been faster than anyone expected, and we are excited to gradually restart our presence in our key markets. We are watching the impact of the Delta variant and other likely variants, but overall, we remain optimistic in our mounting trajectory going forward. People also book their cruises long in advance, so we are concentrating on maintaining our price levels while growing our load factors. Overall, the booking activity for 2021 sailings is consistent with the Company's expected capacity and occupancy ramp up, at prices that are higher than 2019. While it's too early to make any definitive conclusions of the impact of the Delta variant on bookings, the company has seen a modest impact on closer-in bookings. However, 2022 continues to remain strong; in particular the spring and summer months are performing well."
ORCL

Hot Stocks

08:04 EDT Oracle to add payroll support for India, other countries - Oracle announced that it plans to add support for India to Oracle Fusion Cloud Payroll, part of Oracle Fusion Cloud Human Capital Management. This new offering is intended to help make it faster and easier for local and multinational companies to pay workers in India while allowing customer to follow local regulations and practices. With the addition of Payroll for India, Oracle Cloud HCM will provide built-in payroll support for a total of 10 countries including Canada, China, Kuwait, Mexico, Qatar, Saudi Arabia, United Arab Emirates, United Kingdom, and the United States.
ADTX

Hot Stocks

08:04 EDT Aditx Therapeutics announces Psoriasis clinical program pushed back to 2022 - Aditxt Therapeutics announced its Psoriasis clinical program will now be slated for 2022 instead of December as previously announced. The updated timeline is due to a lengthier large scale clinical grade manufacturing and approval process for initiating toxicology studies. Meanwhile, Aditxt has continued to strengthen the data set that will be supporting regulatory submissions for the Apoptotic DNA Immunotherapy platform for evaluation of ADi in clinical studies for skin allografting and type 1 diabetes in addition to the trials planned for psoriasis. The company is also announcing the expansion of its preclinical ADi program to include antigen-specific immune cell modulation for multiple sclerosis, or MS, alongside its existing projects focused on type 1 diabetes and skin allografting. Broadening the therapeutic programs to include MS is intended to address an important clinical need in addition to demonstrating the utility of ADi as an antigen-specific immune tolerance platform.
LAIX

Hot Stocks

08:04 EDT Laix receives preliminary non-binding proposal to acquire the company - Laix has received a preliminary non-binding proposal letter dated August 4 from Yi Wang, co-founder, chairman of the Board and CEO, Zheren Hu, co-founder, director and CTO, Hui Lin, co-founder, director and Chief Scientist, and PCIL IV or Primavera, to acquire all of the outstanding ordinary shares of the company, including the Class A ordinary shares represented by the ADSs of the company not already held by the Buyer Group for a proposed purchase price of $1.13 per Ordinary Share or ADS in cash. The company expects to form a special committee of the Board, comprised solely of independent and disinterested directors, to consider the Proposal Letter and the Proposed Transaction. The company has not made any decisions with respect to the Proposal Letter and the Proposed Transaction.
RCL

Hot Stocks

08:03 EDT Royal Caribbean: Operating 29 ships across brands, or 42% of capacity - The group is operating 29 ships across its five brands, representing 42% of capacity. By the end of this month, the group expects to be operating 36 ships, representing over 60% of its capacity. The company anticipates having 80% of its capacity in service by end of year 2021. Booked load factor for 2022 is within historical ranges. Prices for 2022 are up versus a record-setting 2019, even including the dilutive impact of future cruise credits. Customer Deposits have increased $530M from last quarter to $2.4B. The company ended the second quarter with $5B of liquidity.
AEIS

Hot Stocks

08:01 EDT Advanced Energy increases share repurchase authorization to $200M
NUVSF

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07:59 EDT Nuvista Energy sees 2021 capital spending C$230M-C$250M - NuVista is pleased to note that both condensate and natural gas future strip prices have increased significantly, resulting in a material increase to projected cash flows and decreasing debt levels. Our continuing efforts will be to focus on a disciplined capital program to maximize economic returns from our existing facilities, and rapid debt repayment NuVista's capital spending guidance for 2021 remains at $230 - $250 million. Keeping the schedule smooth and full for existing rigs is increasingly fundamental to retaining high quality rigs and crews in this tightening and inflationary environment. This leads to the maximization of efficiency, cost, and safety performance. Full year 2021 production guidance is re-affirmed at 50,000 - 52,000 Boe/d, and third quarter production guidance is 50,000 - 52,000 Boe/d prior to the fourth quarter ramp-up in production as our post spring breakup wells begin to come online. We continue to forecast significant ongoing reduction of net debt as well as dramatic reduction in net debt to cash flow ratio. At strip prices, we anticipate exiting 2021 with a net debt to annualized fourth quarter cash flow ratio of less than 1.2x. Net debt at year end 2021 is anticipated to be below $520 million, a reduction of almost $140 million from the peak during the 2020 pandemic, with free cash flow driving a further reduction to approximately $400 million by the end of 2022. We intend to continue our track record of carefully directing additional available cash flow towards a prudent balance of net debt reduction and production growth until our existing facilities are filled to maximum efficiency, and net debt to cash flow levels reach 1.0x or less. Capital spending will continue to be weighted heavily towards Pipestone, as our highest return area, with expected well payouts well below a year. NuVista retains the flexibility to adjust capital spending should commodity prices increase or retreat significantly from the current positive trend. NuVista has a solid business plan that maximizes free cash flow and the return of capital to shareholders when our existing facilities are filled to capacity and maximum efficiency at flattened production levels of approximately 80,000 - 90,000 Boe/d. We are confident that the actions described above accelerate the Company towards that goal by as early as 2023, while still providing free cash flow and net debt reduction while growing through 2021-2023. With facilities filled, returns and netbacks are enhanced significantly due to efficiencies of scale, with overall cash costs which are expected to reduce by over 25%, or approximately $6/Boe by 2023 as compared to the first quarter of 2021.
SBGI

Hot Stocks

07:58 EDT Sinclair Broadcast declares 20c per share quarterly dividend - Sinclair Broadcast announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Class B common stock. The dividend is payable on September 15, 2021, to the holders of record at the close of business on September 1, 2021.
SDGR ZLAB

Hot Stocks

07:57 EDT Schrodinger, Zai Lab announce oncology collaboration - Schrodinger (SDGR) and Zai Lab (ZLAB) announced a global discovery, development and commercialization collaboration focused on a novel program in oncology targeting DNA damage response. The research program will be conducted jointly by the Schrodinger and Zai Lab scientific teams. The companies will be responsible for their own research program expenses, and under the terms of the collaboration agreement, Zai Lab will make an upfront payment to Schrodinger to help fund Schrodinger's share of research costs. Following the selection of a development candidate, Zai Lab will assume primary responsibility for global development, manufacturing and commercialization. The agreement provides Schrodinger co-development and co-commercialization rights in the U.S. If Schrodinger elects to co-fund clinical development of a product candidate under the collaboration, it will be entitled to 50% of the profits, if any, from the commercialization of such product candidate in the United States. Schrodinger will also be eligible to receive up to approximately $338M in preclinical, clinical, regulatory and sales-based milestone payments. Additionally, Schrodinger is entitled to receive royalties on net sales outside the U.S.
ZLAB SDGR

Hot Stocks

07:56 EDT Schrodinger, Zai Lab announce a global R&D collaboration in oncology - Schrodinger (SDGR) and Zai Lab (ZLAB) announced a global discovery, development and commercialization collaboration focused on a novel program in oncology targeting DNA damage response. The research program will be conducted jointly by the Schrodinger and Zai Lab scientific teams. The companies will be responsible for their own research program expenses, and under the terms of the collaboration agreement, Zai Lab will make an upfront payment to Schrodinger to help fund Schrodinger's share of research costs. Following the selection of a development candidate, Zai Lab will assume primary responsibility for global development, manufacturing and commercialization. The agreement provides Schrodinger co-development and co-commercialization rights in the U.S. If Schrodinger elects to co-fund clinical development of a product candidate under the collaboration, it will be entitled to 50% of the profits, if any, from the commercialization of such product candidate in the United States. Schrodinger will also be eligible to receive up to approximately $338M in preclinical, clinical, regulatory and sales-based milestone payments. Additionally, Schrodinger is entitled to receive royalties on net sales outside the U.S.
SNSE

Hot Stocks

07:53 EDT Sensei Biotherapeutics expects cash to fund operations into 1H of 2024 - Cash, cash equivalents and marketable securities were $162.5 million as of June 30, 2021, as compared to $16.6 million as of December 31, 2020. Sensei expects the current cash balance to fund operations at least into the first half of 2024.
APO NWHM

Hot Stocks

07:51 EDT Newport Merger announces receipt of consents for New Home Company senior notes - Newport Merger Sub, an affiliate of certain investment funds managed by affiliates of Apollo Global Management,,has received the requisite consents to amend certain terms of the Indenture, dated as of October 28, 2020, by and among The New Home Company, the guarantors party thereto and U.S. Bank National Association, as trustee, as supplemented by the First Supplemental Indenture dated as of February 24, 2021, the Second Supplemental Indenture dated as of March 9, 2021, the Officer's Certificate dated as of February 24, 2021 and by the Global Security for the 7.250% Senior Notes due 2025, as further amended or supplemented governing The New Home Company's 7.250% Senior Notes due 2025 in connection with the previously announced solicitation of consents from holders of the Notes. As of 5:00 p.m., New York City time, on August 3, 2021, the Merger Sub has been advised by Ipreo LLC, as the information and tabulation agent for the Consent Solicitation, that consents were delivered and not revoked in respect of $280,909,000 principal amount, or approximately 98.56%, of the outstanding $285,000,000 aggregate principal amount of Notes, excluding any Notes owned by The New Home Company or any of its affiliates. As a result, the requisite consent of noteholders was obtained and The New Home Company and the Trustee entered into the third supplemental indenture described in the Consent Solicitation Statement.
TRMB

Hot Stocks

07:51 EDT Trimble announces $200M venture fund - Trimble announced the creation of Trimble Ventures, a venture fund focused on investing in companies that align with Trimble's mission of transforming work in the agriculture, construction, geospatial and transportation industries. The fund will launch with $200M allocated for investments and focus on companies with the potential for technology-enabled innovation and disruption in the digital transformation of the industries Trimble serves.
CVS

Hot Stocks

07:47 EDT CVS Health to increase hourly wage to $15 an hour in July 2022 - CVS Health is raising the minimum enterprise hourly wage to $15 an hour effective July 2022, with incremental increases to the company's competitive hourly rates starting this month. Approximately 65% of employees earning hourly wages already make more than $15 an hour. Moving to $15 an hour next year will mark a more than 60% increase in the CVS Health minimum enterprise hourly wage over a four-year period. The new wage structure incorporates additional increases beyond the enterprise minimum, with higher starting hourly rates for roles such as pharmacy technicians and call center representatives.
BDSI

Hot Stocks

07:47 EDT BioDelivery Sciences enters agreement to acquire U.S., Canadian rights to ELYXYB - BioDelivery Sciences announced that it entered into an agreement on August 3, 2021 with Dr. Reddy's Laboratories Limited to acquire the U.S. and Canadian rights to ELYXYB. "ELYXYB represents an excellent strategic fit for BDSI and a very attractive opportunity to diversify our product portfolio by expanding into the dynamic migraine market, deepening our presence in Neurology, a logical adjacency to our pain franchise," stated Jeff Bailey, CEO of BDSI. "ELYXYB will contribute nicely to the Company's revenue growth and profitability over time. This transaction leverages our commercial expertise and much of our existing infrastructure. We see this acquisition as establishing a great growth platform in Neurology. Further, the deal structure is attractive, allowing us to maintain our strong balance sheet and position us to pursue additional value-enhancing business development opportunities," Bailey concluded. Under the terms of the agreement, ELYXYB will be acquired for an upfront payment of $6M, plus an additional $9M on August 3, 2022. BDSI will make tiered quarterly earn-out payments on potential net sales ranging from the high single digits to the low double digits. Additional payments will be made contingent upon the achievement of certain regulatory and sales milestones. The impact of the acquisition is estimated to be cash flow accretive within approximately 24 months of commercial launch, currently planned for Q1 2022.
ATGE

Hot Stocks

07:44 EDT Adtalem CEO Lisa Wardell to switch roles, Stephen Beard to succeed - Adtalem Global Education announced that Stephen Beard, currently COO, will succeed Lisa Wardell as CEO and be elected to the company's board of directors, effective September 8. Wardell, currently chairman and CEO, will transition to the role of executive chairman of the board of directors for a one-year term. These changes are the result of a board-led succession planning process. Beard joined Adtalem in 2018 as senior vice president, general counsel and corporate secretary and has since assumed positions of increasing responsibility, including being named chief operating officer in 2019. In her role as executive chairman, Wardell will continue to help guide the company's strategy and mission.
HUSN

Hot Stocks

07:44 EDT Hudson Capital appoints Luisa Lopez as Chief Operating Officer - Hudson Capital announced that FreightHub, a North American transportation logistics technology platform company focused on US-Mexico cross-border shipping with which Hudson Capital has signed a definitive Merger Agreement, appointed Luisa Irene Lopez as its new Chief Operating Officer, effective August 2, 2021. Lopez will report to Javier Selgas, Fr8Hub's Chief Executive Officer, and will be responsible for overall business strategy, operations, customer service, and strategic vendor oversight.
MUDS TOPP

Hot Stocks

07:43 EDT Topps, Mudrick Capital Acquisition file definitive proxy statement - The Topps Company and Mudrick Capital Acquisition Corp. II announced that MUDS has filed a definitive proxy statement on Schedule 14A with the U.S. Securities and Exchange Commission in connection with the proposed business combination between MUDS and Topps. On August 2, 2021, MUDS commenced mailing the definitive proxy materials to MUDS stockholders of record as of June 30, 2021. The filing can be accessed by searching for Mudrick Capital Acquisition Corp. II on the SEC's website at https://www.sec.gov/edgar.html. MUDS has scheduled a special meeting of its stockholders in lieu of its 2021 annual meeting of stockholders to vote on the proposed transaction with Topps and related matters for August 25, 2021 at 10:00 a.m. ET. The Special Meeting will be completely virtual and conducted via live webcast. Stockholders of record as of June 30, 2021 will be entitled to vote at the Special Meeting. After careful consideration, the Board of Directors for MUDS recommends that its stockholders vote "FOR" the proposed business combination. Upon closing of the transaction, the combined company will be named Topps Companies, Inc. and will be listed on NASDAQ under the new ticker symbol "TOPP."
KRKR

Hot Stocks

07:42 EDT 36Kr Holdings content to be included on Bloomberg terminals globally - 36Kr Holdings' content has been included in Bloomberg Terminal news feeds. Users can now access 36Kr news articles on the Bloomberg Terminal.
EGLX

Hot Stocks

07:42 EDT Enthusiast Gaming sign integrated media, esports partnership with America's Navy - Enthusiast Gaming announced it has signed an integrated media and esports partnership with America's Navy. The partnership will include the creation of multiple unique gaming activations incorporating the company's talent roster of gamers, creators, and athletes to increase awareness of Navy life and the wide range of professional opportunities the Navy offers, including those in high-demand STEM fields. America's Navy will be fully integrated into all aspects of the company's proprietary flywheel with placement and promotion across its exclusive digital media assets, including YouTube, social media channels, owned and operated video sites, and digital display media. The partnership will also include four custom competitive events featuring the Navy's esports team, Goats & Glory, battling it out against Enthusiast Gaming's team Luminosity players, all of which will be livestreamed on Twitch. In addition, the Navy will be the title sponsor of Luminosity Gaming's flagship production Luminosity Live. The major event will feature a face-off between Luminosity Gaming pro-athlete ambassadors and Goats & Glory. The event will also feature live coverage from the Navy esports team's new training facility in Memphis, Tennessee, which will also serve as their official esports competition stadium.
FMC

Hot Stocks

07:42 EDT FMC Corporation targets net-zero greenhouse gas emissions by 2035 - FMC Corporation announced its goal to achieve net-zero greenhouse gas emissions by 2035. The company will use science-based targets aligned with keeping the global temperature at 1.5 degrees C above pre-industrial times. "FMC's net-zero emissions target is a bold step in our continuing commitment to sustainable innovation and operations," said Karen Totland, FMC vice president and chief sustainability officer. "We are engaging key organizations across our company-including Manufacturing, Supply Chain, Environment, Health and Safety, Procurement and R&D-to improve efficiencies, invest in renewable energy sources and engage with third-party suppliers to reduce their emissions. We are proud to build on FMC's past successes in energy and resource reduction, and look forward to working together with suppliers and other partners to achieve this ambitious goal."
ATGE

Hot Stocks

07:41 EDT Adtalem Global Education to explore alternatives for financial services segment - Adtalem Global Education announced that it is exploring strategic alternatives for its financial services segment, which includes ACAMS, Becker Professional Education and OnCourse Learning. The company said, "Adtalem's Financial Services segment consists of a highly attractive set of businesses with commanding market share positions in the $5.2 trillion financial services industry, a large and growing market that requires mandatory licensure and recertification of its professionals. The brands within Adtalem's Financial Services portfolio are the leaders in their respective markets, and together comprise a premium and verticalized platform in an industry with strong macro and industry tailwinds as regulatory and compliance requirements within the financial services industry continue to create demand for the unique education and training solutions these businesses offer. No timetable has been established for the completion of the strategic review, and the company does not intend to disclose further developments with respect to its strategic review process, unless and until its board approves specific actions, or otherwise concludes the strategic review."
BABYF

Hot Stocks

07:41 EDT Else Nutrition completes manufacturing run of plant-based products - ELSE NUTRITION announces that after months of R&D and trials, it has successfully completed a full-scale commercial trial manufacturing run of ready to drink liquid version of its Plant-Based Complete Nutrition for Toddlers and Kids products. Else intends to further use this capability to drive growth in the Kids and Toddler RTD markets across many geographies and sets the stage for being able to offer its planned infant formula in liquid format, upon receipt of FDA approval. The capacity to offer Else products in liquid format further enables the brand to penetrate hospitals with a long-awaited, Plant-Based liquid formula alternative, therein creating a critical competitive advantage for the Else brand. The hospital channel is of paramount importance in a parent/caregivers' decision-making process when it comes choosing a formula for their baby/child.
GOL

Hot Stocks

07:40 EDT Gol Linhas reports preliminary July traffic up 173.3%, capacity up 152.4% - Load factor was up 6.4 p.p. Departures were up 133.9%, seats up 145.6%.
BYSI

Hot Stocks

07:40 EDT BeyondSpring announces results from its DUBLIN-3 registrational trial - BeyondSpring announced the "positive" topline data of DUBLIN-3 registrational trial in plinabulin in combination with docetaxel to treat 2nd and 3rd line NSCLC compared to docetaxel alone. Plinabulin is a first-in-class, selective immunomodulating microtubule-binding agent, which is a potent antigen presenting cell inducer. The data released today showed that compared to docetaxel alone, the combination met the primary endpoint of increasing overall survival and met key secondary endpoints, including significantly improving ORR, PFS and 24- and 36-month OS rates, and significant reduction in the incidence of Grade 4 neutropenia. The DUBLIN-3 Phase 3 trial is a randomized, single blind to patients, active controlled, global trial that enrolled 559 patients in 2nd and 3rd line NSCLC, EGFR wild type, with measurable lung lesion. Patients were treated on a 21-day cycle with infusion of docetaxel and plinabulin vs. docetaxel alone. The primary endpoint was overall survival. Plinabulin in combination with docetaxel showed statistically significant improvements compared to docetaxel alone with topline data summarized below for ITT population. Dr. Lan Huang, BeyondSpring's co-founder, CEO and Chairwoman concluded, "A pre-NDA meeting will be scheduled with the FDA in 2021 to agree on the contents for our NDA, to support a NSCLC indication NDA submission in the first half of 2022. This will be the second indication and second NDA for plinabulin. The superior benefit of plinabulin in reducing severe neutropenia of docetaxel in DUBLIN-3 further supports our first NDA submission in CIN prevention, which received FDA priority review with a PDUFA date of November 30, 2021. Importantly, the strong results from DUBLIN-3 further validate our conviction that plinabulin, as an immune anti-cancer agent, has the potential to be a cornerstone therapy for many solid tumors. I'd like to take the time to thank everyone who helped make this 6-year study run smoothly at more than 60 sites across the U.S., China and Australia, including all participating patients and their families, the investigators and clinical staff and the dedicated BeyondSpring team."
ENDP

Hot Stocks

07:40 EDT Endo to pay $35M in settlement of opioid-related claims in Tennessee court - Endo's wholly-owned subsidiaries Endo Health Solutions and Endo Pharmaceuticals have executed a definitive Settlement Agreement and Release resolving an opioid-related case originally captioned as Staubus, et al. v. Purdue Pharma in the Circuit Court for Sullivan County, Tennessee. The Staubus case involved claims by nine counties in eastern Tennessee, eighteen cities and towns within those counties and one individual plaintiff. The Settlement Agreement resolves all opioid-related claims that were or could have been asserted by the plaintiffs, in the Staubus case or elsewhere, in exchange for a total payment by Endo of $35M to be apportioned among the plaintiffs in their discretion. The settlement includes no admission of wrongdoing, fault or liability of any kind by Endo.
VIEW

Hot Stocks

07:38 EDT Schnitzer West selects View smart windows for office - View announced its smart windows will be installed at The Current, River North, a 235,000-square-foot, a Class-A office building designed to promote tenant health, wellbeing and productivity. The development, a joint venture partnership between Schnitzer West and Craft Companies, represents the second View project for Schnitzer West, following the installation of View Smart Windows at Civica Cherry Creek, a mixed-use development which achieved the highest weighted average rent in Denver when it delivered in 2018. Schnitzer West and Craft Companies designed The Current, River North to be an ecosystem of innovation in Denver's up-and-coming River North Art District. The building features multiple amenities, including View Smart Windows, which use artificial intelligence to automatically adjust to optimize access to natural light and views of the outdoors while controlling temperature and glare.
VMC

Hot Stocks

07:38 EDT Vulcan Materials backs FY21 adjusted EBITDA view $1.68B-$1.46B
ACIU

Hot Stocks

07:36 EDT AC Immune expects cash to fund operations through at least 1Q24 - The Company had a total cash balance of CHF 199.1 million, composed of CHF 104.1 million in cash and cash equivalents and CHF 95.0 million in short-term financial assets. This compares to a total cash balance of CHF 225.9 million as of December 31, 2020. The Company's cash balance provides enough capital resources to progress through at least Q1 2024 without consideration of potential incoming milestone payments.
KIDS

Hot Stocks

07:36 EDT OrthoPediatrics, Mighty Oak Medical extend exclusive partnership for FIREFLY - OrthoPediatrics and Mighty Oak Medical announce the continuation of their navigation partnership, extending its current five-year deal another five years to August 2027. Since August 2017, OrthoPediatrics has been the exclusive distributor of Mighty Oak Medical's FIREFLY Technology in children's hospitals across the United States. This extended agreement will allow the company to continue that exclusivity through August 2027. Manufactured by Might Oak Medical, FIREFLY Pedicle Screw Navigation Guides are 3D printed and patient-specific at each planned vertebral level. FIREFLY Guides address the clear market need for a navigation solution that does not rely on intraoperative radiation, making the technology ideally suited for longer construct cases.
CLH

Hot Stocks

07:35 EDT Clean Harbors raises FY21 adjusted EBITDA view to $620M-$650M - "We enter the second half of 2021 with considerable momentum across all our key markets, backed by a promising North American economic environment. We expect a record-setting financial year for the Company," McKim concluded. "Within our Environmental Services segment, we see encouraging signs for steady waste volumes, project work and rising demand for our broad suite of service offerings. With the planned acquisition of HydroChemPSC, we will significantly bolster our capabilities within Industrial Services and Field Services while driving more volumes into our network. Within our SKSS segment, we see our used oil to base oil pricing spread extending until later in the year, and we will continue to see the benefits of separating out this segment. We will continue to capitalize on the opportunities afforded by these current market conditions, and look forward to adding the Vertex facilities, personnel and waste oil collection assets to this segment. Overall, we continue to maintain a favorable outlook in both of our segments for the remainder of the year and into 2022." Based on its second-quarter financial performance and current market conditions, Clean Harbors is raising its 2021 guidance. For the year, the Company currently expects: Adjusted EBITDA in the range of $620 million to $650 million, based on anticipated GAAP net income in the range of $159 million to $193 million; and Adjusted free cash flow in the range of $285 million to $315 million, based on anticipated net cash from operating activities in the range of $475 million to $525 million.
LIZI

Hot Stocks

07:34 EDT Lizhi enters into in-car audio collaboration with PATEO - LIZHI announced that it has partnered with PATEO to boost the development of LIZHI's audio products in PATEO's loV system. This partnership will enable synergetic collaboration between LIZHI and PATEO by bringing together sophisticated technologies from their respective fields. LIZHI will capitalize on PATEO's expertise in IoV and smart cockpits to further optimize the application of in-car audio products in various usage scenarios and provide users with more diverse in-car audio entertainment options.
MNKD NRXP

Hot Stocks

07:30 EDT MannKind, NRx Pharmaceuticals partner to evaluate powder formulation of Zyesami - MannKind (MNKD) has partnered with NRx Pharmaceuticals (NRXP) to evaluate the feasibility of formulating a dry powder formulation of Zyesami, a synthetic form of human Vasoactive Intestinal Peptide, or VIP, - an endogenous substance produced by the body that helps protect cells against inflammatory conditions. An intravenous formulation of Zyesami is currently in clinical trials, having been granted fast track designation by the FDA for the treatment of Critical COVID-19 with Respiratory Failure. MannKind will begin exploring formulation potential at its research and manufacturing facility located in Danbury, Connecticut, which features a full range of development and manufacturing capabilities, including analytical, chemical, formulation, filling and packaging. It has sufficient filling capacity to produce more than 300M cartridges of inhaled drug annually.
FTAA

Hot Stocks

07:30 EDT FTAC Athena Acquisition Corporation (Class A Stock) trading resumes
BYSI

Hot Stocks

07:30 EDT BeyondSpring trading resumes
SLGL

Hot Stocks

07:29 EDT Sol-Gel Technologies expects cash to fund operations into Q1 of 2023 - As of June 30, 2021, Sol-Gel had $32.1 million in cash, cash equivalents and deposits, and $6.8 million in marketable securities for a total balance of $38.9 million. Based on Galderma's expected upfront and milestone payments in accordance with the Galderma agreement, the Company expects that its cash resources will enable funding of operational and capital expenditure requirements into the first quarter of 2023.
CLH

Hot Stocks

07:27 EDT Clean Harbors to acquire HydroChemPSC for $1.25B in all-cash transaction - Clean Harbors announced it has entered into a definitive agreement to acquire HydroChemPSC, or HPC, from an affiliate of Littlejohn & Co. for $1.25B in an all-cash transaction. HPC is a U.S. provider of industrial cleaning, specialty maintenance and utilities services. The acquisition, which is subject to regulatory approval and other customary closing conditions, is expected to close in 2021. With more than 240 service locations throughout the country, HPC serves a broad range of end markets including refining, chemical and utilities. Its services are built around providing solutions to customers focused on cleaning, maintenance and environmental compliance of essential, mission critical equipment and infrastructure. HPC has more than 5,000 employees and operates a fleet of specialized vehicles and equipment. The fleet consists of more than 5,600 units including vacuum trucks, roll-off trucks, high pressure water blasters, and light duty vehicles. In addition, HPC is the only provider of industrial cleaning and specialty services with a dedicated manufacturing and technology center. HPC's proprietary technology and ability to fabricate and create custom tools for complex or unique applications gives them a true competitive advantage. The company said the deal captures significant synergies in areas such as customer service, transportation, branch network, asset rentals, vehicle and tank refurbishment, subcontracting and procurement.
ONCR

Hot Stocks

07:26 EDT Oncorus sees cash, cash equivalents sufficient to fund operations into late 2023 - Based upon its current operating plans and cash and cash equivalents, Oncorus expects to have sufficient capital to fund its operating expenses and capital expenditure requirements into late 2023.
NYT

Hot Stocks

07:25 EDT New York Times sees Q3 total subscription revenue up 13%-15% - Sees Q3 total advertising revenue up 30%-35%. Sees FY21 capital expenditures $50M.
CRL

Hot Stocks

07:24 EDT Charles River sees Q3 adjusted EPS growth in low double digits y/y - Consensus is $2.47. Sees Q3 reported revenue growth in low 20%s, with organic revenue growth in low to mid teens. Consensus is $895.25M.
EDIT

Hot Stocks

07:23 EDT Editas Medicine expects cash to fund operating expenses well into 2023 - Cash, cash equivalents, and marketable securities as of June 30, 2021, were $698.1 million, compared to $723.2 million as of March 31, 2021. The Company expects that its existing cash, cash equivalents and marketable securities will enable it to fund its operating expenses and capital expenditures well into 2023.
CRL

Hot Stocks

07:23 EDT Charles River sees Q1 CapEx $220M
CRL

Hot Stocks

07:22 EDT Charles River sees FY21 interest expense $90M-$93M
CRL

Hot Stocks

07:21 EDT Charles River on track to achieve operating margin of 21% for FY21
CRL

Hot Stocks

07:20 EDT Charles River well positioned to achieve op. margin target of 22.5% in 2024 - Comments taken from Q2 earnings conference call presentation slides.
WBA

Hot Stocks

07:18 EDT Walgreens administers over 29M COVID-19 vaccinations - Walgreens announced it has administered more than 29M COVID-19 vaccinations across the U.S., as demand has increased more than 30% in some areas and testing has more than doubled. It also now requires all U.S. team members to wear face covers, and everyone at support offices to be vaccinated, or enroll in a testing program.
ORTX

Hot Stocks

07:18 EDT Orchard Therapeutics expects cash to fund requirements into 1H23 - Cash, cash equivalents and investments as of June 30, 2021, were $269.3 million compared to $191.9 million as of December 31, 2020 and excludes the $17.5 million in upfront payments from the collaboration with Pharming Group N.V. entered into on July 1, 2021. The increase was primarily driven by net proceeds of $143.6 million from the February 2021 private placement, offset by cash used for operating activities and capital expenditures. The company expects that its cash, cash equivalents and investments as of June 30, 2021 will support its currently anticipated operating expenses and capital expenditure requirements into the first half of 2023. This cash runway excludes the additional $67 million that could become available under the company's credit facility and any non-dilutive capital received from potential future partnerships or priority review vouchers granted by the FDA following future U.S. approvals.
APO

Hot Stocks

07:18 EDT Apollo Global reports Q2 total AUM down 1% q/q to $88B
GLG

Hot Stocks

07:16 EDT TD Holdings to establish subsidiary at Yangzhou Development Zone - TD Holdings has entered into a strategic cooperation agreement with the management committee of the Yangzhou Economic & Technological Development Zone, a national level economic and technological development zone in China. The company agreed to establish its new wholly-owned subsidiary Yangzhou Baiyu Venture in the Zone and the management committee of the Zone agreed to grant the company preferential policies including financial subsidies, tax relief, financial support, rental subsidies, etc.
NCTY

Hot Stocks

07:14 EDT The9 signs term sheet to establish cryptomining joint venture in Kazakhstan - The9's wholly-owned subsidiary NBTC and Kazakhstan enterprise KazDigital have signed a non-binding term sheet regarding the establishment of a joint venture company in Kazakhstan to build a cryptocurrency mining site with a capacity of 100MW. It will be used to deploy The9's mining machines and potentially other third-parties' mining machines. Both parties will invest their own assets to establish the joint venture. KazDigital will invest assets related to construction and infrastructure of the mining site into the joint venture, and The9 will invest cash or mining machines in the joint venture. After establishment of the joint venture, construction of the total capacity of the cryptomining site will be completed in four stages: first stage of 25MW has been completed on August 1 this year, the remaining 75MW will be gradually completed in Q3 and Q4 and 1Q22, with installation of 25MW per quarter. KazDigital will be responsible for future operation and management of the joint venture. The9 will first transport 1,000 mining machines to Kazakhstan for trial operation. Both parties are bound by 6 months exclusivity period regarding development of similar cooperation in Kazakhstan. Both parties will carry out due diligence process within two months after signing of the Term Sheet.
CRTO BBY

Hot Stocks

07:14 EDT Criteo says Best Buy signs on to company's retail media ecosystem and platform - Criteo (CRTO) announced a new milestone: consumer electronics retailer, Best Buy (BBY), a longstanding Criteo customer, has signed on to the company's retail media ecosystem and platform. As of August, advertisers can use Criteo's cross-retailer, self-service platform to reach BestBuy.com and BestBuy.ca shoppers in the U.S. and Canada. Through sponsored products, the platform will help customers further discover and purchase the products they need.
QTRH

Hot Stocks

07:11 EDT Quarterhill company WiLAN sings wireless license agreement with auto company - Quarterhill company Wi-LAN has entered into a license agreement with a company in the automotive industry. The licensed patents relate to wireless technology. The license fees payable to WiLAN and all other terms and conditions of this agreement are confidential.
MORF

Hot Stocks

07:11 EDT Morphic expects cash to fund requirements until the end of 2024 - As of June 30, 2021, Morphic had cash, cash equivalents and marketable securities of $431.6 million, compared to $228.3 million as of December 31, 2020. Morphic believes its cash, cash equivalents and marketable securities as of June 30, 2021, will be sufficient to fund operating expenses and capital expenditure requirements until the end of 2024.
EYPT

Hot Stocks

07:09 EDT EyePoint expects cash to fund planned operations through end of 2022 - The company said, "We expect the cash on hand at June 30, 2021 and expected net cash inflows from our product sales will enable us to fund our current and planned operations through the end of 2022."
RWBYF

Hot Stocks

07:06 EDT Red White & Bloom Brands subsidiary closes acquisition of greenhouse - Red White & Bloom Brands strategically advanced its cultivation and production initiatives in the Florida market, with the purchase of a fully operational greenhouse in Apopka, Florida. Red White & Bloom Florida, a Red White & Bloom Brands subsidiary, has closed on the acquisition of an operational 45,000 square foot greenhouse situated on 4.7 acres of land in Apopka, Florida. The Red White & Bloom team will begin rapid development on the facility to ensure all compliance standards are achieved for a Q4 2021 harvest schedule. This acquisition comes directly on the heels of the Sanderson Florida purchase and provides immediate benefits for significant cultivation expansion for delivery to RWBFL stores in Florida. RWB's brands include iconic names such as High Times and the successful Michigan and California 'Platinum' line. The company will brand its Florida medical dispensaries beginning in Q4 and is developing a consistent retail footprint and product line to align with the medical market in Florida. The addition of the Apopka cultivation center will not only facilitate the product selection plan RWB as for its branded dispensaries but is also projected to add an additional 40-50 employment opportunities for the local community when fully operational. The Company and RWB Florida LLC completed a Real Estate Purchase and Sale Agreement for a purchase price of $1,875,000 payable as to: US $750,000 cash paid on closing; US $125,000 in the form of promissory note of RWB Florida LLC payable in 5 monthly instalments commencing 30 days after Closing; and $1,000,000 worth of RWB Common Shares at a price of $1.22, being 1,010,656 shares. The shares issued are subject to regulatory resale restrictions in accordance with both US and Canadian securities laws.
KHC

Hot Stocks

07:06 EDT Kraft Heinz sees Q3 organic sales growth mid-single-digit percentage - For the third quarter of 2021, the Company currently expects a mid-single-digit percentage increase in Organic Net Sales and a low-single-digit percentage decline in Constant Currency Adjusted EBITDA versus the third quarter of 2019. This outlook corresponds to a low-single-digit percentage decline in Organic Net Sales(2) and a low-teens percentage decline in Constant Currency Adjusted EBITDA versus the comparable 2020 period.
MGM...

Hot Stocks

07:04 EDT MGM Resorts to receive cash proceeds of $4.4B
MGM...

Hot Stocks

07:04 EDT MGM Resorts: VICI Properties to acquire MGM Growth in deal valuing MGP at $17.2B - MGM Resorts International (MGM) announced that it has entered into a definitive agreement with VICI Properties Inc. (VICI) and MGM Growth Properties LLC (MGP) whereby VICI would redeem a majority of MGP operating partnership units held by MGM Resorts for $43 per unit, or approximately $4.4B in cash, and acquire 100% of the outstanding class A shares of MGP in a stock-for-stock transaction. This transaction values MGP at $17.2B, inclusive of VICI's assumption of approximately $5.7B of pro rata debt. As part of the transaction, the existing master lease will be amended and restated and will provide for an initial term of 25 years, with three ten-year renewals, and an initial annual rent of $860 million, inclusive of the pending MGM Springfield transaction. This lease will be guaranteed by the Company and will provide the Company with significant flexibility to manage its operations across the portfolio of properties covered by the lease. As part of the agreement, MGM Resorts will own an approximate 1% stake in the VICI operating partnership, worth approximately $370 million. The transaction is expected to close in the first half of 2022, subject to customary closing conditions, regulatory approvals and approval by VICI stockholders. J.P. Morgan is acting as exclusive financial advisor and Weil, Gotshal & Manges LLP is serving as legal advisor to the Company.
MGM...

Hot Stocks

07:02 EDT MGM Resorts: VICI Properties to acquire MGM Growth in deal valuing MGP at $17.2B
BNTX GILD

Hot Stocks

07:02 EDT BioNTech completes acquisition of Kite's neoantigen TCR therapy R&D platform - BioNTech (BNTX) announced the closing of the acquisition of the solid tumor neoantigen T cell receptor R&D platform and clinical manufacturing facility's assets and leases in Gaithersburg, MD, from Kite (GILD). The transaction was announced on July 19, 2021. The acquisition strengthens BioNTech's cell therapy pipeline by accelerating the individualized solid tumor Neoantigen TCR cell therapy research and development program. It also expands the Company's cell therapy capabilities and manufacturing footprint in North America, building on its acquisition of Neon Therapeutics in 2020. With three acquisitions completed in the last 14 months, BioNTech confirms its strategy of complementing organic growth through targeted acquisitions that expand its capabilities and accelerate development of its broad immunotherapy pipeline. All Kite employees at the Gaithersburg facility were offered employment with BioNTech prior to closing. The plant will be fully integrated into BioNTech's US-operations and the global manufacturing network.
FTAA

Hot Stocks

07:00 EDT FTAC Athena Acquisition Corporation (Class A Stock) trading halted, news dissemination
EMR

Hot Stocks

06:58 EDT Emerson Electric sees supply chain, materials inflation in 2H21 - The company said, "Despite ongoing pandemic challenges with the COVID delta variant, we expect overall continued improvement in industrial and commercial demand over the remainder of 2021. We also expect the operational, supply chain, and materials inflation environment to remain challenging through the remainder of the fiscal year."
BYSI

Hot Stocks

06:55 EDT BeyondSpring trading halted, news pending
RS

Hot Stocks

06:54 EDT Reliance Steel agrees to acquire Merfish United; terms not disclosed - Reliance Steel & Aluminum said it has entered into a definitive agreement to acquire Merfish United, a master distributor of tubular building products in the United States, from One Equity Partners, a middle market private equity firm. Headquartered in Ipswich, Massachusetts, Merfish United serves 47 U.S. states through its twelve strategically located distribution centers. For the twelve months ended June 30, 2021, Merfish United's net sales were approximately $500M. The transaction is expected to close within the next 60 days, subject to regulatory approval and customary closing conditions. The current Merfish United team, including management, is expected to remain in place post-closing. The terms of the transaction were not disclosed.
ALZN DPW

Hot Stocks

06:53 EDT Ault Global Holdings makes investment in Alzamend Neuro - Ault Global's (DPW) wholly owned subsidiary Digital Power Lending has made an additional investment in Alzamend Neuro (ALZN). On July 28, Alzamend received a "study may proceed" letter from the FDA for a Phase 1a study under Alzamend's Investigational New Drug application for AL001, a lithium-based ionic cocrystal oral therapy for patients with dementia related to mild, moderate, and severe cognitive impairment associated with Alzheimer's disease. Based on the achievement of this milestone, under the March 12 securities purchase agreement, Alzamend sold an additional 1,333,333 shares of its common stock to DPL for $2M, or $1.50 per share, and issued to DPL warrants to acquire 666,667 shares of its common stock with an exercise price of $3.00 per share. The premise of this investment into Alzamend was to provide Alzamend a committed source of capital, driven by milestones, to fund Alzamend's therapeutic treatments through the end of Phase 1 clinical trials. A third tranche in the amount of $4M for the purchase of an aggregate of 2,666,667 shares and warrants to purchase an additional 1,333,333 shares shall be issued to DPL upon DPL receiving written confirmation from Alzamend that its Phase 1a human clinical trial for AL001 has been completed.
FLOW

Hot Stocks

06:50 EDT SPX Flow sees FY21 organic revenue up mid-single digit percent range - The company said, "The company anticipates mid-single digit organic revenue growth in 2021 with meaningful improvement in operating margins continuing in the second half of the year. The long-term strategy is to generate higher organic growth driven by 80/20 segmentation, with improved quality and mix of revenue, supported by a lean and dynamic cost structure. These building blocks, together with continuous manufacturing and supply chain productivity, are leading to an accelerated shift in fundamental performance of the Company."
VLDR

Hot Stocks

06:49 EDT ANYbotics boosts autonomous mobile robots with Velodyne Lidar sensors - Velodyne Lidar announced ANYbotics is equipping its autonomous mobile robots with Velodyne's Puck lidar sensors. ANYbotics robots provide industrial operators with an automated robotic inspection solution to support efforts in monitoring and maintaining plants.
PFE

Hot Stocks

06:46 EDT Pfizer reports 'positive' results from Phase 2b/3 trial of ritlecitinib - Pfizer announced positive top-line results from the Phase 2b/3 ALLEGRO trial evaluating oral once-daily ritlecitinib in patients with alopecia areata, an autoimmune disease driven by an immune attack on the hair follicles that causes hair loss on the scalp and can also affect the face and body. Ritlecitinib 50 mg and 30 mg achieved the primary efficacy endpoint of the study, namely the proportion of patients with less than or equal to 20% scalp hair loss after six months of treatment versus placebo. The Phase 2b/3 ALLEGRO trial met the primary efficacy endpoint of improving scalp hair regrowth. All participants entered the study with at least 50 percent scalp hair loss due to alopecia areata, as measured by the Severity of Alopecia Tool score. A statistically significantly greater proportion of patients who took ritlecitinib 30 mg or 50 mg once-daily, with or without a four-week initial treatment of 200 mg once-daily, had 20 percent or less scalp hair loss after 24 weeks of treatment compared with placebo. This was followed by a 24-week extension period, during which all participants initially randomized to receive ritlecitinib continued on the same regimen, while participants who received placebo during the initial 24 weeks advanced to one of two regimens: 200 mg for four weeks followed by 50 mg for 20 weeks, or 50 mg for 24 weeks. The study also included a 10 mg dosing arm, which was assessed for dose-ranging and was not tested for statistically significant efficacy compared to placebo.
ABC

Hot Stocks

06:39 EDT AmerisourceBergen raises FY21 adjusted free cash flow view to $1.7B from $1.5B - Additional FY21 expectations now include: Adjusted operating expense to be approximately $3.9 billion, up from growth in the high-single digit percent range; Adjusted operating income to be approximately $2.6 billion, up from growth in the high-single digit percent range; Pharmaceutical Distribution Services operating income growth to be in the low-double digit percent range, up from growth in the high-single digit percent range; Other, which is comprised of Alliance Healthcare and the Global Commercialization Services & Animal Health businesses, operating income to be approximately $610 to $620 million, up from growth in the low-double digit percent range; and Adjusted free cash flow to be approximately $1.7 billion, up from approximately $1.5 billion.
FMC

Hot Stocks

06:28 EDT FMC Corporation sees Q3 adj. EBITDA $262M-$288M, Q4 adj. EBITDA $374M-$408M
KBR

Hot Stocks

06:15 EDT KBR signs technology contract for sustainable textile plant in Sweden - KBR announced that it has signed a technology contract for a sustainable textile fibers demonstration plant to be built by TreeToTextile in Nymolla, Sweden. KBR will provide technology license, engineering, proprietary equipment, and commissioning services for the chemicals recovery unit of the project, which will enable TreeToTextile to efficiently and sustainably reuse valuable chemicals through KBR Ecoplanning solutions.
HGEN

Hot Stocks

06:14 EDT Humanigen's lenzilumab shows potential survival increase in COVID-19 patients - Humanigen announced analysis of results from its Phase 3 LIVE-AIR study of lenzilumab in hospitalized patients with COVID-19 suggesting Black and African-American patients having a CRPless than150 mg/L may be the highest responders to treatment, with a nearly 9-fold increase in likelihood of survival without ventilation, or SWOV. In the overall population with CRPless than150 mg/L, LIVE-AIR Phase 3 results show patients treated with lenzilumab demonstrated a 2.5-fold increased likelihood of SWOV. The CDC has found that race and ethnicity are risk markers for other conditions that affect health, including socioeconomic status, access to health care, and exposure to SARS-CoV-2 related to occupation, such as frontline, essential, and critical infrastructure workers. Humanigen intends to submit data from this analysis for publication in a peer-reviewed journal and present the findings at a medical meeting. These new data from the LIVE-AIR study will also be shared with regulatory authorities in the US, UK, European Union, and other geographies.
PTEN

Hot Stocks

06:14 EDT Patterson-UTI reports an average of 78 drilling rigs operating in July - Patterson-UTI reported that for the month of July, the company had an average of 78 drilling rigs operating. Average drilling rigs operating reported in the company's monthly announcements represent the average number of the company's drilling rigs that were earning revenue under a drilling contract.
KR

Hot Stocks

06:13 EDT Kroger, Kitchen United partner to offer customers meal pickup and delivery - Kroger and Kitchen United announced a partnership to offer customers freshly prepared, on-demand restaurant food. The off-premise restaurant kitchen powered by Kitchen United at participating Kroger locations will feature up to six local, regional or national restaurant brands. When placing an order using the Kitchen United website or app or on-site via ordering kiosks, customers can select items from each on-site restaurant to create a customized order on a single receipt. Restaurant staff will prepare the orders and delivery service fees will be determined by third-party providers. The first kitchen center is expected to open this fall at a Ralphs store in Los Angeles, with additional locations expected later this year.
CONN WMT

Hot Stocks

06:09 EDT Conn's names Chandra Holt as new CEO, succeeding Norm Miller - Conn's (CONN) announced it has appointed Chandra Holt as the company's new CEO and President, effective August 9. She will also join Conn's Board of Directors increasing the number of directors to nine. Holt's appointment as CEO and President of Conn's follows the Board's multi-year succession planning process. Holt succeeds Norm Miller, who will transition to the role of Executive Chairman. Most recently, Chandra Holt led Walmart's (WMT) multi-billion-dollar U.S. eCommerce business, delivering over 70% growth in FY21.
HFFG

Hot Stocks

06:08 EDT HF Foods Group names Christine Chang General Counsel, Chief Compliance Officer - HF Foods Group appointed Christine Chang as General Counsel and Chief Compliance Officer of the company. Chang will officially join the company on September 8. Chang's legal career began as an associate at Dentons, LLP in New York City. In 2020 she joined Boyd Gaming, where she currently serves as Vice President Legal Affairs, Labor Relations and Litigation.
WKSP

Hot Stocks

06:08 EDT Worksport announces uplisting to Nasdaq, reverse stock split - Worksport Ltd. announced the pricing of its underwritten public offering of 3,272,727 units at a price to the public of $5.50 per unit. Each unit issued in the offering consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $6.05. The common stock and warrants are immediately separable and will be issued separately. The common stock and warrants are expected to begin trading on the Nasdaq Capital Market on August 4, 2021, under the symbols "WKSP" and "WKSPW," respectively. Worksport expects to receive gross proceeds of $18M, before deducting underwriting discounts and commissions and other estimated offering expenses. In connection with the offering, the company will effectuate a reverse split of its issued and outstanding common stock at a ratio of 1-for-20. The reverse stock split is expected to be effective at 12:01 a.m., Eastern Time, on Wednesday, August 4, 2021. Worksport has granted the underwriters a 45-day option to purchase up to an additional 490,909 shares of common stock and/or an additional 490,909 warrants at the public offering price to cover over-allotments, if any. The offering is expected to close on August 6, 2021, subject to customary closing conditions. Maxim Group LLC is acting as sole book-running manager for the offering.
OGI

Hot Stocks

06:07 EDT Organigram names Beena Goldenberg as CEO - Organigram Holdings (OGI) is pleased to announce Beena Goldenberg, formerly CEO of The Supreme Cannabis Company and previously Chief Executive Officer at Hain-Celestial Canada, ULC (HAIN), has been appointed the company's new CEO. Goldenberg will assume the role effective September 9. An accomplished business leader, Ms. Goldenberg has more than 30 years of experience in consumer-packaged goods, manufacturing and marketing. As President and CEO of The Supreme Cannabis Company, she successfully achieved 50% growth in the first year of her tenure at the company through a focus on distribution, innovation and brand portfolio development.
LL

Hot Stocks

06:04 EDT Lumber Liquidators plans for 'slowing comparable sales' in 2H21 - The company said, "For the foreseeable future, there remains uncertainty in the macro environment related to consumer spending as well as global supply chain disruptions, and the potential impact of the COVID-19 Delta variant. As a result, while we are pleased with the traction we are gaining on our transformation initiatives, we are not providing financial guidance at this time. However, we believe it is prudent to plan for slowing comparable sales on a two-year stack basis for the second half of 2021 compared to the 10% two-year stack comparable sales we delivered in the second quarter."
FDP

Hot Stocks

05:53 EDT Fresh Del Monte increases quarterly cash dividend to 15c per share - The company's board declared a quarterly cash dividend of 15c per share, payable on September 10 to shareholders of record on August 18. This is an increase of 5c per share from the quarterly cash dividend of 10c paid to shareholders on June 11.
JNPR SFTBY

Hot Stocks

05:34 EDT Juniper joins SoftBank 5G consortium - Juniper (JNPR) announced that it has joined the Softbank 5G Consortium established by Softbank (SFTBY), as a founding member, having been named as a 5G-related partner. As long-time partners, Juniper Networks and Softbank have grown together over the years into the 5G era. In particular, Juniper's automated and secure IP networking solutions, including its flagship MX Series Universal Routing Platforms, play a role in the development of Softbank's 5G infrastructure. The Softbank 5G Consortium brings together partners, operators, industry experts and companies in 5G-related fields, to collaborate alongside Softbank on proof-of-concept demonstrations aimed at addressing the commercialization and adoption of 5G solutions across various industry verticals.
OBSV

Hot Stocks

05:30 EDT ObsEva announce publication of data from two nolasiban trials - ObsEva announced the publication of two peer-reviewed papers on nolasiban, an oxytocin receptor antagonist in development for improving live birth rates in women undergoing embryo transfer following in-vitro fertilization, or IVF. The first paper, entitled "Effect of the oxytocin receptor antagonist nolasiban on pregnancy rates in women undergoing embryo transfer following IVF: analysis of three randomized clinical trials" was published in the Journal of Human Reproduction. The study reports the results from a meta-analysis of three randomized, placebo-controlled trials showing that nolasiban increased the likelihood of live birth following IVF. Participants were administered a single oral dose of nolasiban 900 mg or placebo and assigned to one of three trials conducted in Europe and Canada between 2015 and 2019. Key outcomes of the study were as follows: The Phase 2 IMPLANT1 and Phase 3 IMPLANT 2 trials both demonstrated that administration of a single 900 mg dose of nolasiban administered before fresh single embryo transfer, or SET, increased live birth rates compared to placebo. These results were not confirmed in a third trial, IMPLANT 4. A patient-level combined analysis of the three studies showed a 5% absolute increase in ongoing pregnancy rate, with an odds ratio for nolasiban versus placebo of 1.25 that was statistically significant. The analyses also showed that the effect size for nolasiban was similar for ongoing pregnancy rate and live birth rate. Population pharmacokinetic analyses indicated that higher exposures of nolasiban were associated with a higher probability of pregnancy. Nolasiban was well tolerated at a dose of 900 mg and there were few differences in maternal, obstetric and neonatal outcomes between the nolasiban and placebo treatment groups. The second paper, "The mechanism of action of oxytocin antagonist nolasiban in ART in healthy female volunteers" was published in Reproductive BioMedicine Online, and describes the results of a prospective mechanism of action study of nolasiban. In the randomized, double-blind study, forty-five healthy, premenopausal women were treated with nolasiban 900 mg, 1800 mg or placebo on the day corresponding to blastocyst transfer. The study focused on nolasiban's impact on uterine contractions, endometrial perfusion and endometrial mRNA expression. Key outcomes of the study were as follows: Both doses of nolasiban showed trends of decreased contraction frequency and increased endometrial perfusion. At 1800 mg, 10 endometrial genes were significantly differentially expressed, including three genes believed to be associated with decidualization and endometrial receptivity. Nolasiban was well tolerated, supporting testing at higher doses in IVF patients.
CPE

Hot Stocks

05:26 EDT Callon Petroleum to acquire Primexx Energy Partners for $788M in cash, stock - Callon Petroleum announced an agreement to acquire the leasehold interests and related oil, gas, and infrastructure assets of Primexx Energy Partners and its affiliates. Primexx is a private oil and gas operator in the Delaware Basin with a contiguous footprint of 35,000 net acres in Reeves County and second quarter 2021 net production of approximately 18,000 barrels of oil equivalent per day. The cash and stock transaction is valued at approximately $788M, representing a headline purchase price multiple of approximately $43,800 per Boe/d, based on second quarter production. With approximately 300 identified core net locations, approximately two-thirds of which are two-mile laterals, the acquired assets will support Callon's continued shift to larger, more capital efficient development projects in the Delaware Basin. Additionally, the acquisition increases the oil cut of Callon's Delaware business and improves corporate-level cash margins. Kimmeridge has agreed to convert their remaining portion of the Callon second lien senior notes that were issued in 2020 into common shares after the close of the Primexx transaction. This equitization further advances the company's deleveraging timetable and saves nearly $20M per year in interest costs.
SGMS

Hot Stocks

05:22 EDT Scientific Games acquires Lightning Box content studio, terms undisclosed - Scientific Games acquired content studio Lightning Box. This acquisition is a step forward on the company's plan to become a content-led sustainable growth company. The company continues to capitalize on its largest growth opportunities with a focus on digital markets. The addition of the Lightning Box studio bolsters the company's in-house studios with even more game makers. Lightning Box is a Sydney-based slot developer.
FUL

Hot Stocks

05:19 EDT H.B. Fuller to build new facility in Cairo - H.B. Fuller announced a strategic investment to build a new facility in Cairo to support customers' increased demand in the markets of Egypt, Turkey, Middle East and Africa. The new factory will become a regional supply hub and a center of excellence for manufacturing for adhesives serving the hygiene, packaging, labelling, paper converting and graphic arts, among other industries. The production facility will fulfil sustainability standards. With a gross area of 37,000 square meters in a two-story building, the planned site will be built at the CPC Industrial Park, on October 6 in an industrial city in Cairo, which is considered a strategic location for manufacturing, and will commence full production in the last quarter of 2022.
J

Hot Stocks

05:07 EDT Jacobs to lead two nuclear decommissioning projects worth $15.9M - Jacobs was selected to lead two decommissioning projects at the Dounreay nuclear site in Scotland, U.K., which Dounreay Site Restoration, or DSRL, estimates to have a combined value of $15.9M. Jacobs will upgrade the ventilation systems for the Prototype Fast Reactor, or PFR, under a $9.94M contract from DSRL, the company responsible for cleaning up the site, on behalf of the Nuclear Decommissioning Authority. DSRL has also chosen Jacobs to develop the decommissioning strategy for the Fast Reactor Fuel Reprocessing Plant, or FRFRP, under a contract worth $5.96M. The scope of the PFR project includes removal of the existing vent plant and design, manufacturing, testing, installation and commissioning of a new discharge stack, new supply and extract fans, new HEPA filters, replacement of containment dampers, discharge contamination monitoring equipment and a new tritium monitoring system. Designed in the early 1960s, the PFR was a MOX-fueled, liquid sodium-cooled fast reactor, which began supplying the National Grid in January 1975 and was taken offline in 1994. The FRFRP, built in the 1950s to reprocess spent fuel from the U.K.'s experimental fast reactors, ceased operations in the mid-1990s.
CLVT

Hot Stocks

05:02 EDT Clarivate acquires Bioinfogate, terms undisclosed - Clarivate announced that it has acquired Bioinfogate, a provider of analytics solutions in the life sciences and producer of the OFF-X portal. Financial terms of the transaction were not disclosed. The Bioinfogate OFF-X portal is a safety intelligence solution aimed at empowering pharmaceutical organizations to identify toxicology and safety signals, mitigate safety liabilities and de-risk early-stage assets. It is one of the largest translational safety and toxicityportals, featuring over 1,200,000 safety alerts corresponding to over 23,000 drugs and biologics and more than 15,000 targets of pharmacological interest.