Stockwinners Market Radar for August 26, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

NAUT

Hot Stocks

20:38 EDT Nautilus Biotechnology director buys 37K shares of common stock - In a regulatory filing, Nautilus Biotechnology disclosed that its board member Matthew McIlwain bought 37K shares of common stock on August 24th in a total transaction size of $285K. Shares of Nautilus Biotechnology are up 4.2% after-hours at $8.04.
KKR

Hot Stocks

20:33 EDT KKR to acquire Ritches Transport - Ritchies Transport "announced the signing of definitive agreements under which KKR will acquire Ritchies. The investment - which marks KKR's first infrastructure investment in New Zealand - will be used to advance the company's mission to better connect local communities, support the country's expanding public transport network and promote greener transportation solutions. Founded in Temuka in 1935, Ritchies is one of the largest transport providers in New Zealand, with a fleet of more than 1,600 vehicles and a network of 42 strategically located depots across the country. The company provides the government, local councils, and private customers with reliable and accessible public transport solutions in some of New Zealand's largest cities. Upon completion of the transaction, the Ritchie family will continue to hold a stake in Ritchies. Andrew Ritchie will be appointed as CEO of the Company as Glenn Ritchie retires from Ritchies."
IVBXF BOLT

Hot Stocks

20:32 EDT Bolt Biotherapeutics and Innovent to collaborate on new oncology ISAC programs - Innovent Biologics (IVBXF) and Bolt Biotherapeutics (BOLT) announced a drug research and development collaboration to develop three new anti-cancer therapeutic immune-stimulating antibody conjugate, or ISAC, candidates. The parties will leverage Innovent's proprietary therapeutic antibody portfolio and discovery capability against undisclosed oncology targets in combination with Bolt's advanced ISAC technology and myeloid biology expertise to create three new cancer treatments with the potential to provide significant benefit to patients. The Boltbody ISAC platform combines a tumor-targeting antibody, a stable non-cleavable linker, and a proprietary immune stimulant. Boltbody ISACs unite the precision of antibody targeting with the power of innate and adaptive immune system response. Under the agreement, Innovent has the rights to all three programs in Greater China, and retains an option to license global rights for one program, as well as rights for all territories except North America for another program. Bolt retains the option to license global rights outside of Greater China for one program, and North American rights for another program. Innovent is responsible for all research and development costs through clinical proof-of-concept. Upon review of the initial clinical proof-of-concept data, the companies can exercise licensing options for continued development and exclusive commercialization rights in specific territories on a program-by-program basis. Bolt will receive an upfront payment of $5M in cash from Innovent at signing and a possible future equity investment of up to $10M. Furthermore, both Innovent and Bolt are eligible to receive additional milestones payments and royalties associated with the development and commercialization of products in each other's territories."
AAPL

Hot Stocks

20:30 EDT Apple, U.S. developers agree to App Store updates - The company states: "Apple announced a number of changes coming to the App Store(R) that, pending court approval, will resolve a class-action suit from US developers. The terms of the agreement will help make the App Store an even better business opportunity for developers, while maintaining the safe and trusted marketplace users love. Apple appreciates the developer feedback and ideas that helped inform the agreement, and respects the ongoing judicial review process. The agreement clarifies that developers can share purchase options with users outside of their iOS app; expands the price points developers can offer for subscriptions, in-app purchases, and paid apps; and establishes a new fund to assist qualifying US developers. The updates constitute the latest chapter of Apple's longstanding efforts to evolve the App Store into an even better marketplace for users and developers alike... Following a productive dialogue, Apple and the plaintiffs in the Cameron et al v. Apple Inc. developer suit reached an agreement that identifies seven key priorities shared by Apple and small developers, which has been submitted to the judge presiding over the case for her approval. To give developers even more flexibility to reach their customers, Apple is also clarifying that developers can use communications, such as email, to share information about payment methods outside of their iOS app. As always, developers will not pay Apple a commission on any purchases taking place outside of their app or the App Store. Users must consent to the communication and have the right to opt out. Apple will also expand the number of price points available to developers for subscriptions, in-app purchases, and paid apps from fewer than 100 to more than 500. Developers will continue to set their own prices. Apple will maintain the option for developers to appeal the rejection of an app based on perceived unfair treatment, a process that continues to prove successful. Apple has agreed to add content to the App Review website to help developers understand how the appeals process works. Apple also announced additional App Store updates with the launch of the News Partner Program. Recognizing the importance of rigorous journalism and a free and independent press, the program includes a new slate of initiatives to expand Apple's support for journalism. To participate in the program, news organizations must provide their customers with access to their content in Apple News(R) using Apple News Format. Participating organizations will benefit from a 15 percent commission on qualifying subscriptions to their news app. Paired with the App Store Small Business Program, this new program will help provide multiple avenues for news organizations to make their content available to Apple customers while supporting local journalism."
MMI

Hot Stocks

19:41 EDT Marcus & Millichap brokers $58M housing sale in Huntington Beach - Marcus & Millichap announced the sale of Skandia Mobile Country Club, a 167-unit mobile home complex in Huntington Beach, California. The property sold for $58M, or $347,305 per space.
CLH

Hot Stocks

19:01 EDT Clean Harbors CEO sells 25K shares of common stock - In a regulatory filing, Clean Harbors disclosed that its CEO Alan McKim sold 25K shares of common stock on August 25th in a total transaction size of $2.5M.
HSIC

Hot Stocks

18:21 EDT NAIA announces partnership with Henry Schein Medical - The National Association of Intercollegiate Athletics announced that it has come to terms with Henry Schein Medical, the medical business of Henry Schein, as its 'Official Sports Medicine Partner' through June 2022. The one year agreement will provide NAIA members a discounted rate for sports medicine services on their campuses, giving institutions an affordable option of medical services for their student-athletes. Supplies can be selected from a variety of product categories offered by Henry Schein Medical's Athletics & Schools business, including: infection control, hot and cold therapy treatment, physical therapy equipment, athletic tapes and bandages, rehydration, and nutrition. Additionally, Henry Schein Medical's Athletics & Schools business will provide athletic training supplies for all NAIA Championships.
LTRN

Hot Stocks

18:01 EDT Lantern Pharma's Hydroxyurea methylacylfulvene gets FDA orphan drug designation - Lantern Pharma announced that the FDA has granted the company orphan drug designation for Hydroxyurea methylacylfulvene in the treatment of malignant glioma. Reference Link
FCPT

Hot Stocks

17:57 EDT Four Corners Property Trust announces acquisition of Caliber Collision for $1.4M - Four Corners Property Trust announces the acquisition of a Caliber Collision property for $1.4M. The property is located in a strong retail corridor in Virginia and is corporate-operated under a net lease with approximately eleven years of term remaining. The transaction was priced at a 6.4% cap rate on rent today and exclusive of transaction costs, or 6.5% inclusive of a contractual rent increase in December 2021.
TYL

Hot Stocks

17:56 EDT Tyler Technologies chairman sells 15K shares of common stock - In a regulatory filing, Tyler Technologies disclosed that its Chairman John Marr sold 15K shares of common stock on August 24th in a total transaction size of $7.1M, reducing his stake by about 7%.
PCH

Hot Stocks

17:39 EDT PotlatchDeltic lifts closure of public access to Idaho timberlands - PotlatchDeltic announced changes to public access to its Idaho timberlands. Due to recent rainfall and lower temperatures in the region, fire risk has declined. As a result, the temporary public access ban announced on July 22 will be lifted effective Friday, August 27. PotlatchDeltic timberlands will be open for recreational activities, including camping, hunting and fishing, in accordance with company recreation policies.
WEX

Hot Stocks

17:29 EDT Wex extends share repurchase program to up to $150M until 2025 - Wex has extended its share repurchase program that was initiated in 2017 and was set to expire on September 30, 2021. Under the renewed repurchase program, the company may repurchase up to $150M worth of the company's common stock. The repurchase program will expire on September 30, 2025, subject to earlier termination of the program by the Board of Directors. As of July 28, the company had approximately 44.8 million shares outstanding.
CCBG

Hot Stocks

17:26 EDT Capital City Bank increases cash dividend 6.7% to 16c per share - Capital City Bank declared a quarterly cash dividend on its common stock of 16c per share. It represents a 6.7% increase over the prior quarter of 15c. The dividend produces an annualized rate of 64c per common share and is payable on September 27 to shareowners of record as of September 13. The annualized dividend yield is 2.74% based on a closing stock price of $23.36 on August 25.
MOR INCY

Hot Stocks

17:25 EDT MorphoSys spikes 6% after EC grants conditional MA for Minjuvi combo treatment - Shares of MorphoSys (MOR) are up approximately 6% or 87c per share to $15.00 per share in after hours trading after Incyte (INCY) and MorphoSy announced that the European Commission or EC, has granted conditional marketing authorization for Minjuvi or tafasitamab, in combination with lenalidomide for certain DLBCL treatment.
CYXT

Hot Stocks

17:09 EDT Cyxtera Technologies director buys 93.6K shares of common stock - In a regulatory filing, Cyxtera Technologies disclosed that its board member Greg Waters bought 93.6K shares of common stock on August 25th in a total transaction size of $785K. Shares of Cyxtera Technologies are up 4.6% after-hours at $8.80.
ZION

Hot Stocks

17:04 EDT Zions Bancorp approves additional $200M share buyback for Q3 - Zions Bancorp announced that its board authorized an additional common share repurchase for the third quarter of 2021 of up to $200M. The board had previously authorized $125M for the third quarter; with today's authorization, the amount authorized is now up to $325M, or approximately 3.5% of the company's current market capitalization. As of August 24, 2021, Zions had repurchased $98M or 1.8M of its common shares in the third quarter.
EGP

Hot Stocks

16:58 EDT EastGroup Properties raises quarterly dividend 13.9% to 90c from 79c per share - The dividend is payable on October 15 to shareholders of record of Common Stock on September 30. This dividend is the 167th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $3.60 per share. EastGroup has increased or maintained its dividend for 29 consecutive years. The company has increased it 26 years over that period, including increases in each of the last 10 years.
CUBI

Hot Stocks

16:56 EDT Customers Bancorp authorizes new share repurchase plan for up to 10% of stock - Customers Bancorp authorized a new share repurchase plan to repurchase up to 10% of its outstanding common stock as of June 30 over a one-year period.
RVLV

Hot Stocks

16:43 EDT Revolve Group director Stolzman sells $240K in company shares - Revolve Group director Marc Stolzman disclosed in a filing that he had sold 3,883 shares of company stock at an average price of $61.94 per share on August 24, for a total transaction amount of $240,513.
WDAY

Hot Stocks

16:39 EDT Workday jumps 5% to $260.00 after Q2 results beat estimates
WWW

Hot Stocks

16:39 EDT Wolverine World Wide updates liquidity of capital structure after note sale - Wolverine World Wide provided an update on actions it has taken to increase the liquidity and flexibility of its capital structure, primarily through the sale of $550M of 4.000% Senior Notes due 2029 which closed. The Company used the net proceeds from the sale of the Notes, together with borrowings under its amended senior credit facility, to redeem all of its outstanding 5.000% Senior Notes due 2026 and 6.375% Senior Notes due 2025 and to pay all related fees and expenses. "The Company's consistently strong cash flow over the last several years has resulted in a very healthy balance sheet," said Mike Stornant, Senior Vice President and Chief Financial Officer. "This performance, coupled with our positive outlook for the future, has allowed us to access the high-yield credit market at an opportune time and achieve a very favorable outcome. The recent bond refinancing actions will deliver annual interest expense savings of approximately $9.5 million that will benefit us immediately. The new notes also provide longer tenor. We are well positioned to continue to invest in driving profitable growth, especially for our fast-growing performance brands, led by Merrell, Saucony, and Sweaty Betty."
OLLI

Hot Stocks

16:37 EDT Ollie's Bargain Outlet drops 12% to $68.50 after Q2 results miss estimates
MVBF

Hot Stocks

16:35 EDT MVB Financial expands investment in payment, distribution platform Interchecks - MVB Financial announced the expansion of its investment in payment distribution platform Interchecks Technologies. MVB acquired its initial stake in Interchecks in 2019. The additional investment announced will increase MVB's interest in Interchecks to 16%. MVB's overall Fintech investment portfolio has produced a cumulative IRR of nearly 200% since 2016. Interchecks has achieved notable success in the gaming industry segments of online sports betting, daily fantasy sports and iGaming, a key area of focus for MVB. In partnership with Visa Direct, which provides Interchecks with direct access to its payment rails, the company has built a real-time payment infrastructure that is leveraged by MVB's largest clients and a growing number of the more than 30 gaming companies that currently bank with MVB. "As an early investor in our company and given the many synergies between us, MVB is an ideal partner for Interchecks as we seek to grow our business in the online gaming segment and other high-growth industries," said Dylan Massey, CEO of Interchecks. "We also look forward to working with the MVB Edge Ventures team on the rollout of its GRAND technology, which will provide cheaper and faster payments from a modern bank account. This is synergistic with our efforts throughout our history at Interchecks to provide real-time payments to the online sports betting space."
AQUA

Hot Stocks

16:33 EDT Evoqua Water announces settlement of stockholder derivative action - Evoqua Water Technologies announced that on August 23, the United States District Court for the Western District of Pennsylvania entered an order preliminarily approving a settlement of the previously disclosed stockholder derivative action entitled In re Evoqua Water Technologies Corp. Derivative Litigation and scheduling a hearing for November 2, 2021, to determine whether to give final approval to the settlement. Under the settlement agreement, the company agreed to implement a series of enhanced corporate governance measures, including the replacement of a non-independent director serving on the company's board with a new director who meets the NYSE criteria for director independence; enhancements to the responsibilities and duties of the company's Director of Ethics and Compliance position; additions to the charter of the Compensation Committee of the Board of Directors; employee training in risk assessment and compliance; mandatory continuing director education programs; and the establishment of a management-level Risk Committee responsible for the company's risk management policies and oversight of the operations of the company's risk management framework.
DCOM

Hot Stocks

16:32 EDT Dime Community authorizes new stock repurchase program for up to 5% of stocks - Dime Community approved a new stock repurchase program, which authorizes the purchase of up to 2,043,968 shares, or 5% of its currently outstanding common stock, upon completion of its existing previously authorized stock repurchase program. 49,230 shares remain eligible for repurchase under the existing stock repurchase plan. Any shares repurchased will be held as treasury stock and will be available for general corporate purposes.
GNLN KSHB

Hot Stocks

16:32 EDT Greenlane shareholders vote to approve merger with KushCo - Greenlane Holdings (GNLN) announced that its stockholders have approved the proposed merger with KushCo Holdings (KSHB), a provider of ancillary products and services to the legal cannabis and CBD industries. Over 99% of the votes cast on the merger proposal were voted in favor of the transaction. Furthermore, each other proposal submitted to stockholders at Greenlane's annual meeting of stockholders was approved by the requisite vote. Pursuant to the terms of the merger agreement, KushCo will become a wholly owned subsidiary of Greenlane in an all-stock, tax-free business combination. Under the terms of the merger agreement, KushCo's stockholders will receive shares of Greenlane Class A common stock based on the final exchange ratio to be determined as of the closing date in accordance with the terms of the merger agreement.
CZR

Hot Stocks

16:31 EDT Caesars purchases minority interest in Horseshoe Baltimore from JV partner - Caesars Entertainment purchased a minority interest in Horseshoe Baltimore from one of its joint venture partners. As a result of this transaction, Caesars now owns 76% of Horseshoe Baltimore and will consolidate the results of the property on Caesars' financial statements.
LRCX

Hot Stocks

16:29 EDT Lam Research hikes dividend 15% to $1.50 per share - Lam Research announced that its Board of Directors has approved a 20c, or 15% increase, in its quarterly dividend, from $1.30 to $1.50 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made October 13 to holders of record on September 28. Future dividend payments are subject to review and approval by the Board of Directors.
DELL

Hot Stocks

16:28 EDT Dell Technologies ends Q2 with remaining performance obligations of $46B - Dell Technologies ended the quarter with remaining performance obligations of $46B, up 24% and cash and investments of $13.6B. The company has paid down $5.5B in debt year-to-date and expects to pay down at least $16B for its fiscal year 2022. "We had strong results again this quarter, with all business units growing," said Tom Sweet, CFO, Dell Technologies. "We are creating long-term value by taking share, pursuing high-value growth opportunities and profitably growing and modernizing our core business. For example, in the storage space, VxRail orders were up 34% and PowerStore continues to ramp up nicely."
DELL

Hot Stocks

16:26 EDT Dell Technologies reports Q2 net cash from operating activities $1.7B - "We're well known for our unique ability to adjust and lean into growth opportunities, as evidenced by our results with record second quarter revenue of $26.1 billion," said Jeff Clarke, vice chairman and co-chief operating officer, Dell Technologies. "We're innovating and helping customers grow with a focus on multi-cloud solutions and modern infrastructure delivered traditionally and as-a-Service."
NMM NNA

Hot Stocks

16:25 EDT Navios Maritime Partners announces merger with Navios Acquisition - Navios Maritime Partners (NMM), an international owner and operator of dry cargo vessels, and Navios Maritime Acquisition Corp. (NNA), an international owner and operator of tanker vessels, announced a definitive transaction agreement providing for a combination of Navios Partners and Navios Acquisition in a transaction in which shareholders of Navios Acquisition will receive 0.1275 of a common unit of Navios Partners for each outstanding common share of Navios Acquisition. All of Navios Acquisition's outstanding 8.125% First Priority Ship Mortgage Notes, due on November 15 will be redeemed in accordance with their terms with the proceeds of a cash contribution from Navios Partners and newly arranged secured term loan financings. Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, "We are announcing a transformative transaction. The combined entity will be the largest U.S. publicly-listed shipping company in terms of vessel count, with 15 vessel types diversified across three segments, servicing more than 10 end markets. About one-third of our fleet will be in each of the dry bulk, containership and tanker segment. We believe that this combination will result in a stronger, more resilient entity, mitigating sector specific cyclicality. This should enable us to capitalize on opportunities throughout the industry and provide even returns to our stakeholders across cycles. This combination of two companies with similar core values and beliefs, as it relates to our service offerings, will allow us to continue to deliver the high-quality service that our customers expect. We have a proven model to execute seamless combinations, as evidenced by our prior successful roll-up transactions, and we anticipate a smooth execution for this combination as well." The current value of the combined company's vessels is estimated at $4.2 billion based upon the average of publicly available broker reports; the combined company will also have an enterprise value of approximately $2.25 billion. With a $1.6 billion pipeline of contracted revenue coupled with about 47,634 available days in 2022, the combined fleet is well-positioned to take advantage of the healthy dry cargo markets as well as any future upturn in the tanker market.
GPS

Hot Stocks

16:25 EDT Gap jumps over 7% to $28.20 after Q2 earnings beat and FY21 guidance raise
GPS

Hot Stocks

16:24 EDT Gap reports Q2 Old Navy Global comps flat from last year and up 18% from 2019 - Gap Global comparable sales declined 5% year-over-year and increased 3% versus 2019. Banana Republic Global comparable sales were up 41% year-over-year and down 5% versus 2019. Athleta comparable sales grew 13% year-over-year and 27% versus 2019.
GPS

Hot Stocks

16:23 EDT Gap sees Q3 inventory levels up mid-single digits - Backs FY21 capex outlook of about $800M.
GPS

Hot Stocks

16:21 EDT Gap CEO says Q2 sales were highest in over a decade - "Our talented teams delivered our highest second quarter net sales in over a decade. Our strategy is driving growth as evidenced by continued strength at Old Navy and Athleta, Gap Brand's second consecutive quarter of positive 2-year comparable sales in North America, and momentum gaining at Banana Republic. Stepped-up marketing investments, improved brand management, and technology enhancements are paying off as our brand power cuts through," said Sonia Syngal, CEO, Gap Inc. "I look forward to our Integrated Loyalty Program and Old Navy's inclusive shopping experience, BODEQUALITY, taking hold in the back half, both key components of our Power Plan 2023, and important drivers of long-term sustainable growth."
GPS

Hot Stocks

16:21 EDT Gap reports Q2 comparable sales up 12% vs. Q2 of 2019
HEAR

Hot Stocks

16:20 EDT Donerail responds to Turtle Beach press release - The Donerail Group, one of the largest shareholders of Turtle Beach, responded to Turtle Beach's press release issued on August 23: "While Turtle Beach stated in its release that Donerail's public statements had been "misleading", the Company failed to detail how any of Donerail's previous public statements were misleading and, instead, proceeded to present its own narrative misrepresenting Donerail's acquisition efforts to date. We read Turtle Beach's August 23rd press release with great disappointment, as the Turtle Beach Board of Directors (the "Board") has grossly distorted the facts and circumstances regarding Donerail's acquisition efforts in order, we believe, to further its self-serving entrenchment efforts. In the Company's release, we are at least gratified that the Board acknowledged its rejection of our revised, heightened $36.50 offer, which it claims was due to fact that the Board "did not view Donerail's acquisition price to be sufficient". We believe all shareholders deserve an explanation as to why this Board outright rejected a proposal that would provide a 42% premium from last Wednesday's share price and a 32% premium from yesterday's closing price. And while our principal concern begins and ends with the Company's distorted view of value and stubborn refusal to explore value-maximizing acquisition offers, the balance of the Company's August 23rd press release served as an unexpected effort to misdirect shareholders on the recent series of events, introducing significant concern regarding the Board's ability to credibly uphold its fiduciary obligations to shareholders... Let shareholders not be confused: Donerail is one of the largest shareholders of the Company; has engaged with the Company in good faith in an attempt to acquire it; has provided robust and comprehensive details to the Board and its financial advisor regarding our prospective acquisition financing; and has attempted for months to review confirmatory diligence to confirm our price and finalize our bid. But the most salient fact remains: the Board has rejected a bona fide $36.50 offer with the Company's stock price trading meaningfully lower. We do not understand the Board's actions, and shareholders have a right to be concerned. Turtle Beach is a unique, strategic and defensive brand with highly durable and highly visible cash flows. Notwithstanding the disappointing quality of engagement heretofore with the Board, we are hopeful that the Board recognizes the Company needs to be sold immediately and that we stand willing to engage as a prospective buyer."
LTRX

Hot Stocks

16:20 EDT Lantronix sees FY22 EPS growth 85%-135% - For the full year fiscal 2022, the company expects year-over-year revenue growth of 45-75 percent, with non-GAAP EPS growth on the order of 85-135 percent.
PTON

Hot Stocks

16:18 EDT Peloton sinks 12% to $100.02 following Q4 results
WSBC

Hot Stocks

16:17 EDT WesBanco approves new stock repurchase program for up to additional 3.2M shares - WesBanco has authorized the adoption of a new stock repurchase plan for the purchase of up to an additional 3.2 million shares of WesBanco common stock from time to time on the open market. This new stock repurchase authorization is in addition to the existing stock repurchase program approved by WesBanco's Board on April 22 which has approximately 0.6 million shares remaining for repurchase and will continue to be utilized until such authorization is completed. The combination of these two authorizations represents approximately 5.8% of the shares outstanding, as of June 30.The stock repurchase plan is not subject to an expiration date.
VMW

Hot Stocks

16:17 EDT VMware reports Q2 RPO $11.2B, up 8% from last year - In Q2 of FY22, combination of subscription and SaaS and license revenue was $1.51B, an increase of 12% from the second quarter of fiscal 2021. Subscription and SaaS revenue for the second quarter was $776 million, an increase of 23% year-over-year. Subscription and SaaS ARR for the second quarter was $3.15B, an increase of 26% year-over-year.
COMS

Hot Stocks

16:16 EDT COMSovereign Holding executes additional $5M investment from The Lind Partners - COMSovereign Holding announced it has signed an additional funding agreement with Lind Global Fund II, LP, an investment entity managed by The Lind Partners, a New York based institutional fund manager for gross proceeds of $5M. This latest funding investment follows an initial $10M agreement announced on May 28.
MOR INCY

Hot Stocks

16:15 EDT MorphoSys, Incyte get EC conditional MA for Minjuvi-lenalidomide combo for DLBCL - MorphoSys (MOR) and Incyte (INCY) announced that the European Commission has granted conditional marketing authorization for Minjuvi, tafasitamab, in combination with lenalidomide, followed by Minjuvi monotherapy, for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma who are not eligible for autologous stem cell transplant . The EC Decision follows the positive opinion received from the European Medicines Agency's Committee for Medicinal Products for Human Use in June 2021 recommending the conditional marketing authorization of Minjuvi. "People living with relapsed or refractory DLBCL in the EU have historically had limited treatment options and a poor prognosis. However, with the EC's approval of Minjuvi, eligible patients now have a new and much needed treatment option," said Herve Hoppenot, Chief Executive Officer, Incyte. "We will now focus our efforts on working with individual countries in Europe to provide people access to this new treatment." "The approval of Minjuvi is a crucial milestone for patients with relapsed or refractory DLBCL in Europe, "said Jean-Paul Kress, M.D., Chief Executive Officer, MorphoSys. "DLBCL is the most common type of non-Hodgkin lymphoma in adults and Minjuvi addresses an urgent unmet medical need for the 30-40% of people who do not respond to or relapse after initial therapy." The conditional approval is based on the results from the L-MIND study evaluating the safety and efficacy of tafasitamab in combination with lenalidomide as a treatment for patients with relapsed or refractory DLBCL who are not eligible for autologous stem cell transplant . The results showed best objective response rate of 56.8%, primary endpoint, including a complete response rate of 39.5% and a partial response rate of 17.3%, as assessed by an independent review committee. The median duration of response was 43.9 months after a minimum follow up of 35 months, secondary endpoint. Tafasitamab together with lenalidomide was shown to provide a clinically meaningful response and the side effects were manageable. Warnings and precautions for tafasitamab include infusion-related reactions, myelosuppression, including neutropenia and thrombocytopenia, infections and tumour lysis syndrome.
MRVL

Hot Stocks

16:13 EDT Marvell drops 5% to $60.03 after Q2 results, Q3 guidance
MOR INCY

Hot Stocks

16:11 EDT MorphoSys, Incyte say EC grants MA for Minjuvi-lenalidomide combo for DLBCL - MorphoSys and Incyte announced that the European Commission has granted conditional marketing authorization for Minjuvi, tafasitamab, in combination with lenalidomide, followed by Minjuvi monotherapy, for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma who are not eligible for autologous stem cell transplant . The EC Decision follows the positive opinion received from the European Medicines Agency's Committee for Medicinal Products for Human Use in June 2021 recommending the conditional marketing authorization of Minjuvi. "People living with relapsed or refractory DLBCL in the EU have historically had limited treatment options and a poor prognosis. However, with the EC's approval of Minjuvi, eligible patients now have a new and much needed treatment option," said Herve Hoppenot, Chief Executive Officer, Incyte. "We will now focus our efforts on working with individual countries in Europe to provide people access to this new treatment." "The approval of Minjuvi is a crucial milestone for patients with relapsed or refractory DLBCL in Europe, "said Jean-Paul Kress, M.D., Chief Executive Officer, MorphoSys. "DLBCL is the most common type of non-Hodgkin lymphoma in adults and Minjuvi addresses an urgent unmet medical need for the 30-40% of people who do not respond to or relapse after initial therapy." The conditional approval is based on the results from the L-MIND study evaluating the safety and efficacy of tafasitamab in combination with lenalidomide as a treatment for patients with relapsed or refractory DLBCL who are not eligible for autologous stem cell transplant . The results showed best objective response rate of 56.8%, primary endpoint, including a complete response rate of 39.5% and a partial response rate of 17.3%, as assessed by an independent review committee. The median duration of response was 43.9 months after a minimum follow up of 35 months, secondary endpoint. Tafasitamab together with lenalidomide was shown to provide a clinically meaningful response and the side effects were manageable. Warnings and precautions for tafasitamab include infusion-related reactions, myelosuppression, including neutropenia and thrombocytopenia, infections and tumour lysis syndrome.
MRVL

Hot Stocks

16:11 EDT Marvell CEO says Q2 growth 'driven by the data center' - "Marvell delivered record revenue of $1.076 billion in the fiscal second quarter, above the midpoint of guidance, growing 29 percent sequentially and 48 percent year over year. Growth was driven by the data center, which now represents Marvell's largest end market at 40 percent of total revenue, benefiting from our growing momentum in the fast-growing cloud infrastructure market," said Matt Murphy, Marvell's President and CEO. "I am pleased that stand-alone Marvell and the acquired Inphi businesses both contributed to our strong year-over-year revenue growth. We expect year-over-year revenue growth will accelerate in the third quarter, led by substantial contributions from the cloud data center market. In addition, we expect our 5G business to continue to grow with strong sequential revenue growth in the third quarter, and a significant step up projected in the fourth quarter."
WHR

Hot Stocks

16:09 EDT Whirlpool names Joseph Liotine COO - Whirlpool promoted Joseph Liotine to the position of President and COO effective September 1. Liotine is currently Executive VP and President of Whirlpool's North America Region. In addition, he leads both the Global KitchenAid Small Domestic Appliances business as well as Global Information Systems. Liotine began his career with Whirlpool Corporation in 2004 serving the company in a variety of sales, strategy and marketing roles. Winn Everhart will succeed Liotine as the company's Executive VP and President of the North America Region. Everhart joined Whirlpool in October 2020 as Senior VP overseeing U.S. commercial and business operations.
MRVL

Hot Stocks

16:08 EDT Marvell reports Q2 adjusted gross margin 64.8%
MRVL

Hot Stocks

16:07 EDT Marvell CEO says Q2 growth 'by the data center' - "Marvell delivered record revenue of $1.076 billion in the fiscal second quarter, above the midpoint of guidance, growing 29 percent sequentially and 48 percent year over year. Growth was driven by the data center, which now represents Marvell's largest end market at 40 percent of total revenue, benefiting from our growing momentum in the fast-growing cloud infrastructure market," said Matt Murphy, Marvell's President and CEO. "I am pleased that stand-alone Marvell and the acquired Inphi businesses both contributed to our strong year-over-year revenue growth. We expect year-over-year revenue growth will accelerate in the third quarter, led by substantial contributions from the cloud data center market. In addition, we expect our 5G business to continue to grow with strong sequential revenue growth in the third quarter, and a significant step up projected in the fourth quarter."
ALSN

Hot Stocks

16:06 EDT Allison Transmission, ElDorado National to bring hybrid buses to San Francisco - Allison Transmission is pleased to announce that the Allison H 40 EPTM electric hybrid propulsion system will be integrated into the San Francisco Municipal Transportation Agency's Municipal Railway buses in partnership with ElDorado National. SFMTA has awarded a contract to ElDorado for 30 electric hybrid E-Z Rider II model heavy-duty 30-foot transit buses, which will feature the Allison H 40 EP. This system reduces fuel consumption by up to 25% versus a conventional diesel bus, facilitates quieter operation and reduces CO2 emissions, helping to protect the environment. In addition, the H 40 EP Series is equipped with regenerative braking, a system that converts the vehicle's kinetic energy to stored electric energy when decelerating or stopping. ElDorado expects to deliver the electric hybrid buses in the second quarter of 2022.
WDAY

Hot Stocks

16:05 EDT Workday sees Q3 subscription revenue $1.156B-$1.158B - "We delivered an incredibly strong Q2, driven by exceptional execution against a rapidly improving backdrop," said Robynne Sisco, president and chief financial officer, Workday. "As a result, we are raising our fiscal 2022 guidance for subscription revenue to a range of $4.500 billion to $4.510 billion, growth of 19%. We expect third-quarter subscription revenue of $1.156 billion to $1.158 billion, 20% growth at the high end. We are also raising our fiscal 2022 non-GAAP operating margin guidance to 21.0%."
INCY

Hot Stocks

16:03 EDT Incyte, Morphosys get European Commission approval of Minjuvi in DLBCL - Incyte (INCY) and MorphoSys AG (MOR) "announced that the European Commission has granted conditional marketing authorization for Minjuvi, or tafasitamab, in combination with lenalidomide, followed by Minjuvi monotherapy, for the treatment of adult patients with relapsed or refractory diffuse large B-cell lymphoma, or DLBCL, who are not eligible for autologous stem cell transplant. The EC decision follows the positive opinion received from the European Medicines Agency's Committee for Medicinal Products for Human Use in June 2021 recommending the conditional marketing authorization of Minjuvi. The conditional approval is based on the results from the L-MIND study evaluating the safety and efficacy of Minjuvi in combination with lenalidomide as a treatment for patients with relapsed or refractory DLBCL who are not eligible for autologous stem cell transplant. The results showed best objective response rate of 56.8%, including a complete response rate of 39.5% and a partial response rate of 17.3%, as assessed by an independent review committee. The median duration of response was 43.9 months after a minimum follow up of 35 months. Minjuvi together with lenalidomide was shown to provide a clinically meaningful response and the side effects were manageable. Warnings and precautions for Minjuvi include infusion-related reactions, myelosuppression, including neutropenia and thrombocytopenia, infections and tumour lysis syndrome."
MO

Hot Stocks

15:48 EDT Altria Group raises quarterly dividend 4.7% to 90c from 86c per share - The quarterly dividend is payable on October 12 to shareholders of record as of September 15. The ex-dividend date is September 14. The new annualized dividend rate is $3.60 per share, representing a yield of 7.4% based on Altria's closing stock price of $48.65 on August 25.
SRNE

Hot Stocks

15:46 EDT Sorrento exercises Texas A&M option over 'very promising' preclinical data - Sorrento Therapeutics announced today that it has notified Texas A&M University System of its exercise of the option to an exclusive license for the global development and commercialization of highly potent main protease inhibitors against SARS-CoV-2 and all current and emerging variants of concern. Sorrento and Texas A&M previously announced the signing of the option agreement on August 24 and 25, respectively. Sorrento said its "decision to immediately exercise its option is based on very promising preclinical data for the lead compound, MPI8, that shows highly potent broad-spectrum antiviral activity against SARS-CoV-2 and all of the major Variants of Concern." Based on initial in vitro data, MPI8 demonstrated superior antiviral activity in a head-to-head comparison with a current Phase 3 investigational oral antiviral agent, the company said in a statement. Sorrento expects to complete additional preclinical studies in the coming weeks, including a head-to-head comparison against other late-stage clinical candidates, and will publish its preliminary findings in a pre-print publication.
NXGN

Hot Stocks

15:20 EDT NextGen Healthcare issues statement regarding board refreshment process - NextGen Healthcare issued the following statement on behalf of all members of the NextGen Healthcare Board of Directors, other than Sheldon Razin and Lance Rosenzweig: "Sheldon Razin and Lance Rosenzweig are once again obstructing the Board's efforts to drive Board refreshment and reach a mutually agreeable resolution with respect to the proxy contest they have initiated. As previously announced, NextGen Healthcare's Board has been working with Spencer Stuart since February to identify new, independent directors that bring relevant expertise and perspectives to support the Company's continued success and strategic execution. This work led to the recent announcement of two new independent directors: Geraldine McGinty, MD, MBA, FACR and Pamela S. Puryear, PhD, MBA. Dr. McGinty and Dr. Puryear bring substantial experience relevant to the healthcare industry, including in executive management, operations, clinical practice and talent development, while also advancing board diversity. As part of the Board's work to identify new, highly qualified director candidates, NextGen Healthcare recently announced that the Board would consider the four independent individuals nominated by Sheldon and Lance consistent with its policies and procedures for considering proposed stockholder nominees. The Chair of the Nominating and Governance Committee has attempted, in good faith, to schedule interviews with these four individuals and Spencer Stuart. We believe these conversations are important to better understand the respective candidate's experience and interest in joining the Board and to also provide them the opportunity to ask questions about the Company. Certain of these candidates have expressed their openness to having these conversations. However, Sheldon and Lance obstructed these efforts... It is clear who is imperious and who wants control - it is the 47-year board member, Sheldon Razin, who is unwavering in his unwarranted, disruptive, costly proxy contest, which he initiated to advance his own interests - preserving his seat on the Board, as he has said, forever. Shareholders should remember: When Sheldon Razin's role as Board Chair concluded, NextGen Healthcare was a deteriorating business with unproductive R&D investments and a disenfranchised customer base. Moreover, Sheldon's capital allocation plan prioritized $400 million in dividends that thwarted sustainable high growth and largely benefitted him personally. It was only after we established new leadership that we could begin to turn around the Company and position it as a market leader. We are committed to acting in the best interests of ALL shareholders and again extend an invitation to the four director nominees to speak with us."
RSI

Hot Stocks

15:11 EDT Rush Street Interactive announces partnership with Field of 68 - Rush Street Interactive announced the signing of an exclusive partnership for BetRivers.com with the Field of 68 and the Field of 12 media network. "This innovative media network will include five weekly podcasts produced in conjunction with BetRivers, featuring a number of former college football superstars, covering each of the Power Five conferences in addition to a live, Saturday night broadcast reacting to the biggest games and stories of the day," the company said in a statement.
DFNS IRNT

Hot Stocks

14:35 EDT LGL Systems Acquisition holders approve combination with IronNet - LGL Systems Acquisition (DFNS) announced the results for the six proposals considered and voted upon by its stockholders at its special meeting. LGL reported that each of the six proposals, including the proposals giving effect to the previously announced business combination between LGL and IronNet Cybersecurity, was approved. LGL also announced that it has completed its business combination with IronNet, resulting in the combined company being renamed as "IronNet, Inc.", with its common stock and warrants to commence trading on the New York Stock Exchange on August 27 under the ticker symbols "IRNT" and "IRNT.WS", respectively.
TLRY

Hot Stocks

14:15 EDT Tilray CEO sends shareholder letter outlining $4B revenue plan - Tilray sent an open letter to shareholders from Irwin Simon, its Chairman and Chief Executive Officer. The letter details Simon's strategic vision and $4B revenue plan for the company and encourages all shareholders to vote for initiatives in support of that vision and plan at its Special Meeting of Stockholders on September 10. "I want to be clear: our conviction in both the opportunity and our ability to execute on these key growth plans has never been stronger. But our ability to do so rests on the support of our shareholders, from whom we have been seeking support to get important proposals passed. Proposal 1, in particular, would authorize Tilray to issue additional shares to execute on attractive acquisitions and other growth avenues in our M&A program. We need a majority of all the shares issued and outstanding to vote in favor of Proposal 1 in order for it to pass," Simon wrote.
MET

Hot Stocks

14:13 EDT MetLife, Norges acquire One Memorial Drive for $825M - MetLife Investment Management, the institutional asset management business of MetLife, and Norges Bank Investment Management, the asset management division of Norges Bank, announced the acquisition of One Memorial Drive in Cambridge, Massachusetts for $825M. One Memorial Drive is a 17-story, Class A office building located on the Charles River with 409,422 square feet of leasable space. Built in 1986 and renovated in 2018, the fully occupied property has two long-term tenants, InterSystems Corporation and Microsoft.
HPK

Hot Stocks

14:12 EDT HighPeak Energy Inc trading resumes
GPS

Hot Stocks

14:11 EDT Gap acquires e-commerce startup Drapr - Gap said it has acquired Drapr, an e-commerce startup and online application based on technology that enables customers to create 3D avatars and virtually try on clothing. "Drapr is designed to help customers find the best clothing size and fit for their personal style and body type, while helping retailers reduce unnecessary returns," Gap said in a statement. Terms of the deal were not disclosed.
HPK

Hot Stocks

14:07 EDT HighPeak Energy Inc trading halted, volatility trading pause
COIN FB

Hot Stocks

13:11 EDT Coinbase names Facebook's Kate Rouch as Chief Marketing Officer - Coinbase (COIN) announced that Kate Rouch is its new Chief Marketing Officer. Rouch joins Coinbase after more than a decade at Facebook (FB), most recently serving as Global Head of Brand and Product Marketing for Instagram, WhatsApp, Messenger, Facebook app, Public Affairs and the Facebook company. "Kate's experience at a company with the scale and impact of Facebook will be invaluable as we continue building our brand, growing our teams and working to bring millions more people into the cryptoeconomy," Coinbase said in a statement.
QTS BX

Hot Stocks

12:56 EDT QTS Realty Trust stockholders approve acquisition by Blackstone funds - QTS Realty Trust (QTS) announced that, at a Special Meeting of Stockholders held earlier on Thursday, QTS stockholders voted to approve the acquisition of QTS by affiliates of Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc. and Blackstone Property Partners (BX)."I thank our stockholders for their strong support of the transformative transaction with Blackstone, which will provide compelling, immediate and certain value to stockholders and position QTS to better serve customers' expanding data center infrastructure needs," said Chad Williams, Chairman and CEO of QTS. "With this significant milestone now behind us, we look forward to completing the transaction with Blackstone." Under the terms of the merger agreement announced on June 7, 2021, QTS common stockholders will receive $78.00 in cash for each share of QTS common stock they own. Subject to the satisfaction or waiver of all of the conditions to the closing of the transaction in the merger agreement, the transaction is expected to be completed on August 31, 2021. Upon closing of the transaction, QTS' common stock, Series A preferred stock and Series B preferred stock will no longer be listed on any public market.
NVDA

Hot Stocks

12:46 EDT Nvidia acquires DeepMap, maker of maps for autonomous vehicles - Nvidia said has acquired DeepMap, a startup dedicated to building high-definition maps for autonomous vehicles. Terms of the deal were not disclosed. Reference Link
BAC

Hot Stocks

12:43 EDT Bank of America announces retirement of Vice Chairman Finucane, COO Montag - Bank of America announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, Chief Operating Officer and president of Global Banking and Markets. Finucane and Montag will remain in their roles until the end of 2021. Succession plans will be announced in the coming weeks, Bank of America said in a statement.
SRNE

Hot Stocks

12:33 EDT Sorrento Therapeutics reports preclinical results for mRNA vaccine for COVID-19 - Sorrento Therapeutics announced preclinical results for its mRNA vaccine against SARS-CoV-2. STI-mRNA is comprised of proprietary designer Spike-encoding mRNAs to elicit cellular and humoral immunity against the early WA-1 virus as well as the predominant and emerging variants of concern, including Alpha, Beta, Gamma, Delta, and Lambda. Currently marketed vaccines have demonstrated reduced efficacy against the major SARS-CoV-2 emerging VOCs2, with declining efficacy over time3. Novel approaches are needed that improve durability for both humoral and cellular immunity against current and emerging variants. The MuVaxx lymphatic drug delivery device is designed to deliver vaccine into the epidermis to potentially enable access and increased exposure to dendritic cells in the skin and in lymph nodes at lower doses than with intramuscular administration. Intramuscular STI-mRNA compared to the IM LNP-mRNA showed a dramatic 400% improvement in cellular immunity as measured by cytokine production of spike specific CD8 T cells. This elevated level of cellular immune response was also observed at 1/10th of the STI-mRNA dose using the MuVaxx lymphatic drug delivery device. STI-mRNA also demonstrated similar humoral immunity as compared to the IM LNP-mRNA reference and IM STI-mRNA. These preclinical findings are significant as cellular immunity is critical for impeding virus replication and conferring long-term protection. Additionally, current approved LNP-mRNA vaccines have been shown to potentially have dose-dependent side effects4. The STI-mRNA and MuVaxx combination appear to elicit a similar humoral response and an elevated cellular response against the SARS-CoV-2 virus, at a fraction of the current vaccine doses. These initial preclinical results provide the basis for Sorrento to move forward aggressively with IND-enabling studies with our MultiValent STI-mRNA vaccine candidate.
WRAP

Hot Stocks

12:23 EDT Wrap Technologies announces initial BolaWrap order by Miami Police - Wrap Technologies announced an initial order by the Miami Police Department for BolaWrap products and accessories. "Miami Chief Art Acevedo had demonstrated BolaWrap devices to the mayor and city council in June of 2021 and has now placed an initial order for the training staff to begin policy and training development," said Tom Smith, CEO and President of WRAP. "Chief Acevedo has led the Austin and Houston police departments, and now Miami, and is president of the Major Cities Chiefs Association representing the largest cities in the US and Canada. He continues to look at innovative technology for use by his officers."
RGS

Hot Stocks

12:00 EDT Regis falls -10.0% - Regis is down -10.0%, or -70c to $6.30.
YSG

Hot Stocks

12:00 EDT Yatsen falls -16.1% - Yatsen is down -16.1%, or -94c to $4.90.
SLQT

Hot Stocks

12:00 EDT SelectQuote falls -43.7% - SelectQuote is down -43.7%, or -$6.27 to $8.08.
BBW

Hot Stocks

12:00 EDT Build-A-Bear rises 11.3% - Build-A-Bear is up 11.3%, or $1.90 to $18.75.
COTY

Hot Stocks

12:00 EDT Coty rises 13.7% - Coty is up 13.7%, or $1.12 to $9.36.
PSTG

Hot Stocks

12:00 EDT Pure Storage rises 14.2% - Pure Storage is up 14.2%, or $2.97 to $23.92.
TSN

Hot Stocks

11:46 EDT Tyson Foods to invest $300M to build new plant in Danville, Virginia - Tyson Foods will invest $300M to build a new, fully-cooked plant in Danville, Virginia, company officials announced. The project is part of the company's commitment to meet increasing demand and deliver on its strategy of accelerating long-term growth. The new facility is expected to create nearly 400 jobs when production begins in the spring of 2023. The company will construct a 325,000-square-foot facility, primarily for the production of fully-cooked Tyson branded chicken products, including Any'tizer Snacks and Chicken Nuggets. The company has committed to purchase 60 million pounds of Virginia-grown chicken over the next three years. The facility will be built in Cane Creek Centre, an industrial park jointly owned by the City of Danville and Pittsylvania County.
UUU

Hot Stocks

11:35 EDT Universal Security Instruments trading resumes
SON

Hot Stocks

11:32 EDT Sonoco-Alcore to increase tube and core prices in EMEA - Sonoco-Alcore S.a.r.l. announced that due to inflationary pressures on the business, it will raise prices by 8 percent on all tube and core grades sold in the company's EMEA regions. The increase will be effective for all shipments made on or after September 1. "We have seen further considerable increases in the cost of raw materials since beginning of the year, and we expect these to further escalate. In addition, we face significant inflationary costs for transport, packaging, energy and labour. We have taken continued efforts to optimize and implemented saving programs but cannot absorb these massive increases anymore," said Karsten Kemmerling, Division VP - Sales & Marketing EMEA. Sonoco Alcore S.a.r.l. is wholly owned by Sonoco and operates 24 tube and core plants and five paperboard mills in Europe.
UUU

Hot Stocks

11:08 EDT Universal Security 'not aware' of any changes regarding market activity - Universal Security Instruments released a statement regarding recent market activity in the company's stock: "Normally, the company does not comment on market activity or rumors. However, the company confirms that it is not aware of any undisclosed material change or development in its business and operations that would account for the recent increase in the share price and trading volume of the company's stock. The New York Stock Exchange halted trading in the company's stock today in connection with this statement in accordance with the NYSE's usual practice."
BX

Hot Stocks

11:06 EDT Deca Dental Group announces investment from Blackstone Tactical Opportunities - DECA Dental Group announced a strategic investment from funds managed by Blackstone Tactical Opportunities. This partnership will help fuel DECA's continued expansion, giving more dentists a platform to provide high quality, patient-centric, and convenient care to communities across the country. Founded in Dallas in 2008, DECA has nearly 100 affiliated dental practices with a network of offices in Texas, Florida and Washington. Terms of the transaction were not disclosed.
DNLI

Hot Stocks

11:04 EDT Denali announces publication on preclinical proof of concept for PTV - Denali Therapeutics announced publication of preclinical proof of concept for using its Protein Transport Vehicle to enhance brain uptake of peripherally administered progranulin. This approach may have utility in treating certain types of frontotemporal dementia, especially FTD-GRN caused by progranulin deficiency. Published online Thursday, August 26th, ahead of print in the September 2nd issue of Cell, the preclinical research showed that progranulin replacement therapy with Denali's PTV:PGRN rescued both neurodegeneration and microglial dysfunction in progranulin-deficient mice. The research also provides new insight into the molecular and cellular mechanisms that may contribute to FTD, identifying novel roles of progranulin in lysosomal function and lipid metabolism, as well as lysosome biomarkers with potential clinical utility. PTV:PGRN is engineered to bind transferrin receptor molecules, which are present in large amounts on endothelial cells of the BBB and normally function to transport iron into the brain. This approach enables PTV:PGRN to be actively transported into the brain, potentially overcoming a long-standing challenge to the field of delivering protein therapeutics across the BBB. Mutations in the GRN gene, which encodes the progranulin protein, generally result in reduced protein levels of progranulin and are amongst the most common genetic causes of FTD. The studies published in Cell used two common models of FTD-GRN, genetically engineered progranulin-deficient mice as well as iPSC-derived human microglial cells, to investigate the role of progranulin and effects of PTV:PGRN treatment on disease pathology. The preclinical research showed that lysosomes - which function as the "digestive system" of cells - are the primary cellular organelles impacted by progranulin deficiency. A new finding revealed in the preclinical studies was that progranulin regulates lysosomal function through binding to and stabilizing a lysosome-specific lipid, bisphosphate, which is critical for normal lysosomal function. In the progranulin-deficient mice, BMP lipid levels were profoundly decreased, which resulted in reduced activity of the lipid-metabolizing enzyme glucocerebrosidase and accumulation of the GCase substrate glucosylsphingosine; GCase is known to be involved in Gaucher disease and GBA-linked Parkinson's disease. A mild decrease in BMP and an increase in GlcSph was also found in biofluid samples from patients with FTD, with or without GRN mutations. Treatment of progranulin-deficient mice or human cells with PTV:PGRN was sufficient to rescue a range of lysosomal defects, including BMP deficiency, GlcSph accumulation, lysosomal vacuolization and lysosomal membrane damage. In addition, PTV:PGRN corrected lipofuscinosis, microgliosis and astrogliosis, which are common disease-relevant brain pathologies in progranulin-deficient mice that are also present in patients with FTD-GRN.
AAPL

Hot Stocks

11:02 EDT Apple introduces News Partner Program - Apple introduced the News Partner Program, a new slate of initiatives to expand Apple's work with and support for journalism. Apple said in a statement that the News Partner Program "aims to ensure Apple News customers maintain access to trusted news and information from many of the world's top publishers, while supporting publishers' financial stability and advancing efforts to further media literacy and diversity in news coverage and newsrooms." The News Partner Program is designed for subscription news publications that provide their content to Apple News in Apple News Format.
PRTC

Hot Stocks

11:02 EDT PureTech Health PLC (ADS) trading resumes
PRTC

Hot Stocks

10:57 EDT PureTech Health PLC (ADS) trading halted, volatility trading pause
EFTR

Hot Stocks

10:35 EDT eFFECTOR Therapeutics Inc trading resumes
FLGC

Hot Stocks

10:34 EDT Flora Growth drops 8% to $9.69 following White Diamond short report
EFTR

Hot Stocks

10:30 EDT eFFECTOR Therapeutics Inc trading halted, volatility trading pause
UUU

Hot Stocks

10:27 EDT Universal Security Instruments trading halted, news pending
KKR

Hot Stocks

10:17 EDT KKR-backed Axel Springer to acquire Politico, deal seen closing in Q4 - The publishing group Axel Springer earlier announced that it signed an agreement to acquire POLITICO, including the remaining 50% share of its current joint venture POLITICO Europe, as well as the tech news website Protocol from Robert Allbritton. Axel Springer and POLITICO in the U.S. have been joint venture partners since 2014 when they launched POLITICO Europe. Mathias Dopfner, CEO Axel Springer, commented: "POLITICO's outstanding team has disrupted digital political journalism and set new standards. A true North Star. It will be a privilege and a special responsibility to help shape the future of this outstanding media company. Objective quality journalism is more important than ever, and we mutually believe in the necessity of editorial independence and nonpartisan reporting. This is crucial for our future success and accelerated growth." Robert Allbritton will continue as publisher of POLITICO and Protocol. Both parties have agreed not to disclose the deal terms. Subject to regulatory approval, closing of the transaction is expected in Q4. Reference Link
ABBV

Hot Stocks

10:05 EDT AbbVie announces positive reimbursement recommendation for AML - AbbVie announced that the CADTH pCODR Expert Review Committee recommended that Venclexta in combination with azacitidine should be reimbursed for the treatment of patients with newly diagnosed acute myeloid leukemia who are 75 years or older, or who have comorbidities that preclude use of intensive induction chemotherapy, only if the conditions listed are met.
PRPO

Hot Stocks

10:02 EDT Precipio enters agreement for AON to adopt HemeScreen technology - Precipio and American Oncology Network announces the signing of an agreement under which AON will adopt Precipio's HemeScreen technology and begin running HemeScreen in its central laboratory located in Fort Myers, Florida. AON will be the largest Physician Owned Laboratory to bring HemeScreen into their laboratory thus far. With over 100 physicians, and serving close to 100,000 unique patients annually, the impact to patient care will be substantial. Running HemeScreen in-house will enable AON to shorten diagnostic turnaround time of these tests from 2-4 weeks, to as fast as 1-4 days when run in house. This multi-year agreement will provide Precipio with seven-figure revenue per year. As Precipio continues to develop additional panels, AON will have an opportunity to further broaden the suite of assays run utilizing the HemeScreen technology.
ANF

Hot Stocks

10:00 EDT Abercrombie & Fitch falls -12.6% - Abercrombie & Fitch is down -12.6%, or -$5.00 to $34.80.
YSG

Hot Stocks

10:00 EDT Yatsen falls -15.8% - Yatsen is down -15.8%, or -92c to $4.92.
SLQT

Hot Stocks

10:00 EDT SelectQuote falls -45.1% - SelectQuote is down -45.1%, or -$6.47 to $7.88.
BBW

Hot Stocks

10:00 EDT Build-A-Bear rises 11.8% - Build-A-Bear is up 11.8%, or $1.99 to $18.84.
COTY

Hot Stocks

10:00 EDT Coty rises 17.7% - Coty is up 17.7%, or $1.46 to $9.69.
PSTG

Hot Stocks

10:00 EDT Pure Storage rises 18.5% - Pure Storage is up 18.5%, or $3.87 to $24.82.
ANF

Hot Stocks

09:47 EDT Abercrombie & Fitch falls -10.6% - Abercrombie & Fitch is down -10.6%, or -$4.23 to $35.57.
YSG

Hot Stocks

09:47 EDT Yatsen falls -14.5% - Yatsen is down -14.5%, or -84c to $5.00.
SLQT

Hot Stocks

09:47 EDT SelectQuote falls -41.3% - SelectQuote is down -41.3%, or -$5.93 to $8.42.
ZUO

Hot Stocks

09:47 EDT Zuora rises 10.3% - Zuora is up 10.3%, or $1.68 to $18.03.
PSTG

Hot Stocks

09:47 EDT Pure Storage rises 12.4% - Pure Storage is up 12.4%, or $2.59 to $23.54.
WSM

Hot Stocks

09:47 EDT Williams-Sonoma rises 18.0% - Williams-Sonoma is up 18.0%, or $30.74 to $201.48.
GS

Hot Stocks

09:44 EDT DealerPolicy announces $110M Series C funding led by Goldman Sachs - DealerPolicy announced its $110 million Series C investment led by the Growth Equity business within Goldman Sachs Asset Management with participation from existing investors including 3L Capital and Hudson Structured Capital Management. The new investment will be used to accelerate the growth of the company's next-generation finance and insurance offerings for both dealers and car buyers, enabling automotive insurance to be seamlessly integrated online and at the point-of-sale. Goldman Sachs' Paul Pate will join the company's board of directors. DealerPolicy will expand its operations to further develop and embed modern day insurance throughout the entire car shopping and ownership experience. To expedite the development and roll-out of its insurance distribution and fulfillment solutions with its major insurance carrier partners, the company intends to triple its product and engineering teams over the next 12 months by hiring new talent. Additionally, the company will increase investments in strategic partnerships.
INPX

Hot Stocks

09:35 EDT Inpixon, Ostendo announce collaboration for hybrid workplace experience - Inpixon announced it has executed a strategic alliance and co-marketing agreement with Ostendo Technologies. In connection with this agreement, the companies will jointly pursue customer opportunities aimed at launching new augmented reality enabled solutions incorporating Ostendo's AR smart glasses and Inpixon's award-winning location, computer vision and AR technologies. These solutions will seek to surpass competitors' benchmarks in terms of size, weight, resolution, cost effectiveness and mobile app integration in order to bring the immersive experiences and extraordinary value of AR to a multitude of industries and use cases.
NXGN

Hot Stocks

09:34 EDT Two NextGen directors file proxy to nominate four board members - Sheldon Razin, who collectively with Lance Rosenzweig and the other participants in his solicitation owns approximately 15.2% of the outstanding common shares of NextGen Healthcare, yesterday filed a preliminary proxy statement with the Securities and Exchange Commission in connection with the company's annual meeting scheduled for October 13. Razin and Rosenzweig currently serve on NextGen's board. In addition to himself and Mr. Rosenzweig, Razin has nominated four additional individuals - Kenneth Fearn, Ramon Gregory, Julie Schoenfeld and Ruby Sharma - for election to the board at the annual meeting. Razin and Rosenzweig commented: "It's unfortunate that we have been forced to take the extraordinary step of nominating an alternative slate of director candidates for election at this year's Annual Meeting. Hopefully our fellow shareholders understand that we wouldn't have gone down this road without believing - beyond any doubt - that facilitating meaningful Board change is the key to putting NextGen Healthcare back on a path to market leadership and organic growth."
BYD...

Hot Stocks

09:33 EDT Nevada reports July statewide gaming win up 76.7% to $1.36B - Nevada reports July Las Vegas Strip gaming win up 140.47% compared to 2020 to $793.67M. Publicly traded companies in the space casino include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
WIT

Hot Stocks

09:31 EDT Wipro announces AI partnership with DataRobot - Wipro announced a global strategic partnership with DataRobot, a leader in Augmented Intelligence. The partnership will deliver Augmented Intelligence at scale to help customers become AI driven enterprises and accelerate their business impact. DataRobot's Augmented Intelligence platform complements Wipro's expertise in enterprise AI. This collaboration will help accelerate the execution of AI strategy and will ensure quicker "data to value" for businesses. The partnership will streamline the process of infusing AI-led intelligence into customer business decisions and positively impact their bottom line.
RAD OPK

Hot Stocks

09:24 EDT Rite Aid partners with HHS on back to school COVID-19 testing program - Rite Aid (RAD) and the U.S. Department of Health and Human Services, or HHS, together with BioReference Laboratories, an Opko Health (OPK) company, announced a 'Back to School' COVID-19 testing program offering students at New York State public schools the opportunity for free COVID-19 testing prior to or at the start of the 2021-2022 school year. Students will be tested using RT-PCR laboratory-based COVID-19 tests. To participate in New York's 'Back to School' testing program, students must pre-register and schedule a COVID-19 test appointment at one of the 115 Rite Aid drive-thru locations throughout New York State prior to returning to the classroom. Testing appointments will become available prior to the start of the school year, and individuals are required to pre-register and schedule a time slot for testing at bioreferencelabs.bioreference.com/nyschooltesting. Students ages 4-17 must access testing with consent from a parent or legal guardian and be accompanied by a guardian at time of testing in the drive-thru.
DSX

Hot Stocks

09:21 EDT Diana Shipping announces time charter contract for M/V Selina - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ASL Bulk Shipping HK Limited, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$26,500 per day, minus a 5% commission paid to third parties, for a period until minimum June 15, 2022 up to maximum September 15, 2022. The charter is expected to commence on September 1, 2021. The m/v Selina is currently chartered, as previously announced, to ST Shipping and Transport Pte. Ltd., Singapore, at a gross charter rate of US$11,000 per day, minus a 5% commission paid to third parties. The "Selina" is a 75,700 dwt Panamax dry bulk vessel built in 2010. The employment of "Selina" is anticipated to generate approximately US$7.53 million of gross revenue for the minimum scheduled period of the time charter.
CTRM

Hot Stocks

09:20 EDT Castor Maritime announce vessel acquisition for $18.75M, new charter agreements - Castor Maritime announces that it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2008 Japanese-built Panamax dry bulk carrier from an unaffiliated third-party for a purchase price of $18.75M. The acquisition is expected to be concluded by taking delivery of the vessel in the fourth quarter of this year and is subject to the satisfaction of certain customary closing conditions. The Company also announces that: The M/V Magic Perseus, a 2013 built Kamsarmax dry bulk carrier, following its acquisition by Castor, has been fixed on a time charter contract that commenced on August 20, 2021, at a daily gross charter rate of $35,000 and with a term of about 100 days. The M/V Magic Thunder, a 2011 built Kamsarmax dry bulk carrier, following completion of its previous employment contract, has been fixed on a time charter contract that commenced on August 3, 2021, at a daily gross charter rate of $35,000 and with a term of about 100 days.
IAIC

Hot Stocks

09:18 EDT Information Analysis appoints James Benoit as Chairman, CEO - Information Analysis announced the appointment of Jamie Benoit as its Chairman of the Board and Chief Executive Officer effective August 26, 2021. "Under his leadership and through acquisitive and organic growth, Benoit will aggressively strive to reposition the company as a disruptive technology and commercial enablement leader in government and global private sector verticals," the company said. Benoit will work alongside former CEO Stan Reese, who will remain President and continue to manage operations at IAI. Prior to joining IAI, Benoit served as Chief Executive Officer of FedData.
CSSE

Hot Stocks

09:18 EDT Chicken Soup for the Soul Entertainment launches new Crackle tech for Vizio - Chicken Soup for the Soul Entertainment announced the launch of the new look and feel for its Crackle entertainment platform on Vizio, with many significant improvements in terms of the customer experience. The updated viewing experience will not only offer an improved look and feel for the end user, but in addition to aesthetics, the upgraded experience will also give the audience new tools in order to discover the specific type of films and TV shows they are looking to watch. These changes are intended to combat consumer scrolling fatigue and are just the beginning in terms of improvements that viewers will encounter on Crackle in the coming months.
MTTR

Hot Stocks

09:17 EDT Matterport aenters agreement to develop GovCloud offering with In-Q-Tel - Matterport marks its expansion into the public sector with an agreement to develop a compliant Government Cloud offering and strategic partnership with In-Q-Tel, Inc. Matterport sees potential for new use cases to across federal agencies, from the Department of Defense and the Intelligence Community to civilian agencies like the Federal Emergency Management Agency and the Department of Health and Human Services. Matterport allows anyone to quickly create accurate and immersive 3D digital twins of physical spaces to more effectively understand, analyze, manage and utilize buildings and spaces. Through the use of Matterport's technology, federal agencies will be able to digitize and index government facilities, infrastructure and other assets such as airplanes, ships and submarines into a library of accurate and immersive Matterport 3D spaces that can be accessed anytime, anywhere for a myriad of situations. For example, in the event of an emergency, digital twins of buildings, roads, bridges, tunnels, water supplies or electrical grids can be instantly viewed and analyzed by authorized users to respond more efficiently, collaboratively, and more effectively.
MYOV

Hot Stocks

09:15 EDT Enzyvant report data on financial emotional toll of pediatric congenital athymia - Data from two studies conducted by Enzyvant reveal "clinical, emotional, social, and financial burdens on patients with pediatric congenital athymia and their families, and extraordinary costs of supportive care to healthcare systems," the company said. To evaluate the burdens of congenital athymia on patients and families, and the total medical costs associated with supportive care, two separate studies were conducted. Clinical manifestations of congenital athymia reported in both studies were acute and frequent: patients experienced frequent and multiple types of infections and immune dysregulation events; in an average year, 80% of patients had two or more types of infections; 40% of patients experienced sepsis with an average frequency of 3.5 times a year; 60% had respiratory infections on average 3.3 times a year; and 60% of patients had skin manifestations of immune dysregulation at an average frequency of 5.8 times a year. In the burden of illness study, caregivers described the severe consequences of congenital athymia and how strict isolation required to protect a congenital athymia patient presents daily challenges: Caregivers ranked the most significant impacts on their families; Living in isolation; Fear of death, infection, and worries about the future; Financial hardship; Inability to meet family/friends; High burden of medical care; Negative impact on siblings/families; patients miss out on social interactions needed for emotional and social development; There are also impacts of isolation on caregivers' lives; The significant consequences of congenital athymia extend to siblings' lives; caregivers communicated the emotional toll. Within the medical chart review study, 79% of the total costs associated with supportive care were for inpatient hospital stays. Patients spend an average of 150 days a year in the hospital with a mean total cost for supportive care of $5,534,121 over three years. For congenital athymia patients who spend 365 days in the hospital each year, the total costs over three years were $11,763,320.
CMTL

Hot Stocks

09:13 EDT Comtech gets $2.1M of funding for EEE parts management, engineering services - Comtech Telecommunications announced that during its fourth quarter of fiscal year 2021, it was awarded $2.1M of additional funding from a major U.S. prime contractor in support of NASA's Space Launch System Control System Electronics. The contract consolidates requirements for high reliability electrical, electronic and electromechanical parts and engineering services. The total contract value is now $10.3M and fully funded.
DENN

Hot Stocks

09:13 EDT Denny's refinances of credit facility, relaunches share repurchase program - Denny's Corporation announced that it has refinanced its amended and restated $350 million revolving credit facility to a new five-year $400 million revolving credit facility. Borrowings under the new credit facility will bear a tiered interest rate, which is based on the Company's consolidated leverage ratio. Based on a current outstanding balance of $170 million, the interest rate is initially set at LIBOR plus 225 basis points, representing a 75 basis point reduction in the Company's credit spread at the current consolidated leverage ratio. With the enhanced flexibility provided by the new credit facility, the Company will relaunch its multi-year share repurchase program with approximately $248 million remaining in authorized share repurchases. Under this authorization, the Company may purchase its Common Stock from time to time in the open market or in privately negotiated transactions. The amount and timing of any repurchases will depend on a number of factors, including the price and availability of the Company's shares, trading volumes, and general market conditions. The Company has allocated approximately $554 million to repurchase approximately 54 million shares since late 2010.
NWVCF

Hot Stocks

09:11 EDT EnWave, Dole Worldwide enter strategic partnership with nutrition solutions - EnWave Corporation and Dole Worldwide Food & Beverages Group, a division of Dole Asia Holdings, have announced plans for a global Strategic Partnership to develop Innovative Nutrition Solutions using fruits and vegetables. EnWave and Dole have been collaborating since late 2020. EnWave's Radiant Energy Vacuum technology provides a gentle, rapid drying solution that allows for the production of innovative, nutritious and convenient food applications while partnering with Dole in achieving its company purpose. Dole has placed an order for purchase of EnWave's patented equipment to accelerate internal product development and allow for focused market trials in select regions. The strategic partnership with Dole will leverage the company's industry-leading brand alongside EnWave's patented dehydration technology to bring better-for-you snacking options to its global customer base, as part of Dole's Sunshine for All commitment. Both companies are intent on growing this partnership further in the near future.
SGPYY

Hot Stocks

09:10 EDT Sage Group announces improvements for Sage Accounting in Canada - Sage announced new improvements to Sage Accounting in Canada. Designed to better serve the needs of small business customers, the recent features and updates - including invoice customization and other usability improvements - provide automation, efficiency and accuracy for small businesses to run their business from anywhere. Sage continuously listens to customer feedback to understand how it can improve its products and services to empower small businesses to succeed in an ever-changing world. Along with popular feature-function enhancements in Sage Accounting, an improved customer journey makes it easier for small businesses to find, evaluate and select the tier of service that best suits their needs today, and into the future. For scaling businesses, inventory management capabilities in the new Sage Accounting Plus tier supports businesses trading internationally and managing stock, with multi-currency banking coming soon. Additionally, AutoEntry in Sage Accounting automates and streamlines data entry across accounting and bookkeeping functions by eliminating time-consuming, repetitive and error-prone manual data entry tasks.
VRPX

Hot Stocks

09:09 EDT Virpax announces MMS019 manufacturing and supply agreement - Virpax Pharmaceuticals announced that it has entered into a commercial manufacturing and supply agreement with Seqens The agreement with Seqens provides for both the supply material for Virpax's clinical studies as well as the long-term commercial supply of MMS019. Seqens will conduct process development and validation of additional large scale commercial quantities of MMS019 at its facilities in Devens and Newburyport, Massachusetts. "Establishing a collaboration with a strong partner capable of supplying clinical and commercial scale quantities of MMS019 is another important advancement in our MMS019 product development strategy. Seqens has a demonstrated expertise in developing and manufacturing highly-complex molecules for large scale production," said Anthony Mack, Chairman and CEO of Virpax. "Importantly, we expect this collaboration to support future development and supply additional Molecular Envelope Technology programs under development, including Envelta and PES200, our post-traumatic stress disorder product candidate," concluded Mr. Mack.
ADV

Hot Stocks

09:08 EDT Advantage Solutions acquires Strong Analytics, terms not disclosed - Advantage Solutions has acquired Strong Analytics, a provider of artificial intelligence, machine learning and data science services for leading brands in consumer goods and retail, automotive, hospitality, marketing and advertising, pharmaceuticals, technology and other industries. The agency helps its clients design, create and deploy custom, end-to-end machine learning and AI products and solutions. Founded by data scientists Brock Ferguson and Jacob Zweig, Strong Analytics works with organizations of all sizes, from startups to Fortune 500 firms. Its work focuses on applying state-of-the-art innovations in machine learning - in areas such as deep learning, natural language processing and reinforcement learning - to automation and optimization problems. Among the agency's areas of expertise are AI strategy and leadership, data analytics, data engineering, machine learning engineering and DevOps and architecture.
LZ

Hot Stocks

09:07 EDT LegalZoom, Defy Ventures partner to address barriers of inequity - LegalZoom.com has partnered with Defy Ventures, a nonprofit organization dedicated to helping end recidivism by training formerly incarcerated people to become entrepreneurs. Through a philanthropic donation and the sharing of the company's unique resources, LegalZoom will support Defy Ventures' efforts to equip its clients with new skills, connections and consulting support so they can start a new life and achieve economic independence. LegalZoom is taking action to help attack and solve the challenges that justice-involved individuals, especially women and minorities, often face pre- and post-release. By partnering with Defy Ventures, which aims to shift mindsets to give people with criminal histories their best shot at a second chance, the company intends to make the path to business ownership more equitable and accessible. As part of the partnership, LegalZoom will fund the first women's prison cohort at the Central California Women's Facility in Chowchilla, Calif., providing resources so these women can pursue the path to entrepreneurship. The company will separately provide general funding for the non-profit's Entrepreneurs in Training program, which makes grants available to graduates to help start and grow their own businesses. Additionally, LegalZoom will provide access to its products at no cost to help graduates of Defy's Entrepreneurship Pathway program form businesses and get access to the legal and compliance resources they need.
ALIT

Hot Stocks

09:07 EDT Alight signs definitive agreement to acquire ConsumerMedical - Alight Solutions announced it has signed a definitive agreement to acquire ConsumerMedical, a leading clinical advocacy and expert medical opinion company. ConsumerMedical will enhance Alight's ability to help employers around the world build a healthier workforce through its data-driven, personalized solutions. ConsumerMedical has a 25-year history of helping employers simplify and improve the way employees make medical decisions. With its comprehensive clinical support model and expansive network of multi-disciplinary experts and clinicians, ConsumerMedical delivers targeted information to guide employees to the right treatment options and highest-quality providers. In addition, ConsumerMedical's AI-based predictive tools use a range of data - such as medical and prescription claims, social determinants and demographics - to help alert employees before major health issues may arise. "Alight's robust healthcare solutions help employees navigate the confusing and complex healthcare system to improve outcomes, lower costs and maximize their healthcare benefits," said Stephan Scholl, CEO of Alight. "Adding ConsumerMedical to Alight's existing solutions will further enhance our ability to bring differentiated solutions to our clients that drive a meaningful return on the investment they spend on their benefits programs, improve outcomes and provide an engaging benefits experience for their employees." The proposed transaction is anticipated to close in the third quarter and is subject to customary closing conditions. TripleTree acted as the exclusive financial advisor to ConsumerMedical for this transaction.
SNPS

Hot Stocks

09:06 EDT Synopsys initiates $175M accelerated share repurchase agreement - Synopsys announced that it has entered into an accelerated share repurchase agreement with HSBC Bank USA, National Association to repurchase an aggregate of $175M of Synopsys stock. Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery of approximately 431,000 shares, with the remainder, if any, to be settled on or before November 24, upon completion of the repurchases. The specific number of shares that Synopsys ultimately repurchases under the ASR will be based on the average of Synopsys' daily volume-weighted average share prices during the repurchase period, less a discount.
BLUW

Hot Stocks

09:05 EDT Blue Water Acquisition jumps 186%, or $19.40, to $29.85 in premarket trading
AGEN

Hot Stocks

09:05 EDT Agenus announces results from Phase 2 study of balstilimab published - Agenus announced that results from a global Phase 2 clinical study of balstilimab monotherapy in recurrent/metastatic cervical cancer were published online in the international peer reviewed journal Gynecologic Oncology. "Publication of these data marks another significant achievement toward our objective to provide effective therapeutic options to those battling cancer," said Steven O'Day, MD, Chief Medical Officer of Agenus. "These data are drawn from the largest Phase 2 study to date evaluating PD-1 inhibition in advanced cervical cancer patients who have progressed on or after first-line chemotherapy; the results indicate balstilimab's potential as an effective new therapy." In the 140 evaluable patients, the objective response rate in patients with PD-L1 positive tumors was 20.0% and included 3 patients with a complete response and 14 patients with a partial response. The median duration of response, or DoR, was not reached after a 14.6-month median follow-up. Responses were also observed in the PD-L1 negative population with an ORR of 7.9%. The confirmed ORR for both PD-L1 positive and negative tumors was 15.0% and included 5 patient with a complete response and 16 patients with a partial response. The median DoR was 15.4 months and the disease control rate was ~50%. The safety profile was manageable and consistent with that of currently approved anti-PD-1 antibodies. As discussed in the publication, these data suggest that balstilimab may be a differentiated anti-PD-1 antibody as compared to currently approved PD-1 inhibitors. In the KEYNOTE-158 trial of pembrolizumab, an anti-PD-1 antibody, in the same setting, an ORR of 14.6% was observed in the PD-L1 positive population and no responses were observed in the PD-L1 negative population. In addition, the noted 12.5% response rate of balstilimab in patients with cervical adenocarcinoma is significant as this subpopulation typically does not respond to immunotherapy and represents a growing proportion of advanced cervical cancer cases. Balstilimab thus provides the potential for therapeutic benefit to patient populations that do not typically respond to currently-available immunotherapy, both alone and in combination with other therapies, such as Agenus' anti-CTLA-4 antibodies zalifrelimab and AGEN1181.
GEVO

Hot Stocks

09:04 EDT Gevo files for environmental permits in South Dakota for Net-Zero 1 project - Gevo announced that the air quality and wastewater permit applications for the company's Net-Zero 1 project have been filed with the South Dakota Department of Agriculture & Natural Resources.
REV

Hot Stocks

09:04 EDT Revlon names Thomas Cho chief supply chain officer - Revlon announced the hire of Thomas Cho as chief supply chain officer. In this position, Cho will be responsible for Revlon's end to end global supply chain operations, including supply chain strategy, planning, procurement, manufacturing, engineering, distribution and logistics for the company's diverse brand portfolio across all channels and geographies. Cho officially joined Revlon on August 2 and reports to the president and CEO, Debra Perelman. Cho joins Revlon from PPI Beauty in Chicago, where he held the position of COO.
TRUE

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09:03 EDT TrueCar sees August vehicle sales down 4% year-over-year, up 1% sequentially - TrueCar forecasts total new vehicle sales will reach 1,212,399 units in August, down 4% from a year ago but up 1% vs. July 2021, when adjusted for selling days. This month's seasonally adjusted annualized rate for total light vehicle sales is an estimated 14.4 million, down 4% from August 2020. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 1,077,701 units, down 7% from a year ago and about even with July 2021. Additional forecasts by TrueCar include: fleet sales for August 2021 are expected to be up 30% from a year ago and up 9% from July 2021 when adjusted for the same number of selling days; incentive spend is down 39% from last year; average transaction price is projected to be up 6% from a year ago and up .5% from July 2021. Total SAAR is expected to be down 4% from a year ago at 14.4 million units. Used vehicle sales for August 2021 are expected to reach 3.7 million, up 6% from a year ago and about even with July 2021.
AMIH

Hot Stocks

09:03 EDT ZipDoctor executes telemedicine services agreement with Texas pharmacy - American International Holdings announced its wholly-owned subsidiary, ZipDoctor, Inc., has executed a telemedicine services agreement with Murphy RX, a Texas-based specialty pharmacy that provides its customers with prescriptions, specialty compounding, vaccinations, diabetes care, medical equipment, various OTC remedies, as well as a full range of cosmetic products, vitamins and more. Under the terms of the Agreement, ZipDoctor will develop and provide Murphy with access to a centralized technology platform to collect and manage patient demographics, insurance information, and collect acute health information for the purpose of being reviewed for treatment by ZipDoctor's network of providers. Murphy will offer its customers/patients access to ZipDoctor's suite of telemedicine services currently available through its website at www.ZipDoctor.co with all telemedicine services being provided by ZipDoctor and its network of providers. Murphy will pay ZipDoctor a monthly fee on a per-patient basis for the use of the technology platform and for access to its currently available primary care telemedicine services.
VMC USCR

Hot Stocks

09:02 EDT Vulcan Materials completes acquisition of U.S. Concrete - Vulcan Materials (VMC) announced that it has completed its previously announced acquisition of U.S. Concrete (USCR). With the completion of the acquisition, U.S. Concrete's common stock has ceased trading on the NASDAQ Global Select Market, and U.S. Concrete is now a wholly-owned subsidiary of Vulcan.
MNTK

Hot Stocks

09:01 EDT Montauk Renewables awarded patent for near-zero-emissions renewable energy tech - Montauk Renewables announced the Company has been awarded patent number US11,097,245, issued by the U.S. Patent & Trademark Office covering 24 unique elements of its Electric-Powered, Closed-Loop, Continuous-Feed, Endothermic Energy-Conversion Systems and Methods. The System enables near-zero-emissions conversion of agricultural waste into multiple non-fossil, renewable-fuel alternatives, is capable of producing approximately 10-units of renewable energy for each unit of conventional energy consumed and sequestering approximately 25-tons of greenhouse gas equivalent emissions for every single ton emitted. The System is driven by a continuous-feed, closed loop reactor that can scale modularly to address the environmental challenges of industrial agriculture, regardless of location or size. As previously announced, Montauk intends to initially deploy its newly patented technology through a large-scale development project in North Carolina. The now patented System has the potential to generate expansive growth opportunities through systematic nation-wide deployment and global licensing agreements.
ACI

Hot Stocks

08:48 EDT Albertsons partner Dynamic Energy Solutions begins building solar array in Maine - Dynamic Energy Solutions has achieved financial close and commenced construction of a 6.6 MW DC ground-mounted solar array in Norridgewock, Maine. The project includes a landmark offtake agreement with Albertsons and it is one of the first and largest commercial solar installations in Maine's solar market. Once fully operational, the 6.6 MW system is expected to annually generate more than 8.5 million kilowatt hours of clean, renewable energy for many of Albertsons Cos. Shaw's store locations throughout the Central Maine Power utility territory.
OPA

Hot Stocks

08:40 EDT Forbes to become public through Magnum Opus Acquisition combination - Forbes and Magnum Opus Acquisition announced that they have entered into a definitive business combination agreement. The transaction is expected to close in late Q4 or early Q1 of 2022. Forbes' existing management team will continue to manage the combined company upon completion of the transaction under the leadership of CEO Mike Federle. The combined company will announce new, independent members to its board at a later date. The transaction values the combined company at an implied pro forma enterprise value of $630M, net of tax benefits. The transaction has been approved by the boards of directors of both Forbes and Magnum Opus. The transaction is expected to close in late Q4 or early Q1, subject to the satisfaction of customary closing conditions, including the approval of Magnum Opus' shareholders. The transaction is expected to raise approximately $600M of gross proceeds consisting of the contribution of approximately $200M of cash held in Magnum Opus' trust account, assuming no redemptions by the public shareholders of Magnum Opus, and $400M of additional capital through a private placement of ordinary shares of the combined companypriced at $10.00 per share from funds and accounts managed by institutional investors. Assuming no redemptions by the public shareholders of Magnum Opus, Forbes shareholders will own approximately 22% of the combined company at closing. Forbes will be capitalized with up to $145M in cash.
WSFS

Hot Stocks

08:39 EDT WSFS Financial's A- Senior Debt Rating reaffirmed by KBRA - Kroll Bond Rating Agency has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation. KBRA also reaffirmed WSFS' subordinated debt rating of BBB+ and a short-term debt rating of K2. WSFS Bank, the Company's primary subsidiary, received strong credit ratings as well, including A ratings for both senior unsecured debt and deposit, a subordinated debt rating of A-, and the short-term debt and deposit ratings of K1.
NETE

Hot Stocks

08:38 EDT Mullen Technologies to debut Mullen FIVE EV Crossover at LAIAS - Mullen Technologies, which previously announced a definitive agreement to merge with Net Element in a stock-for-stock reverse merger in which Mullen's stockholders will receive a majority of the outstanding stock in the post-merger company, announced the debut date of the Mullen FIVE EV Crossover. Mullen will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show.
BTN

Hot Stocks

08:37 EDT Ballantyne Strong, Cinionic expand cinema service, support capabilities - Ballantyne Strong announced a preferred commercial relationship with Cinionic to expand Cinionic's cinema service and solution capabilities in the US and Canada. The relationship is with Ballantyne Strong's operating subsidiaries, Strong Technical Services and Strong/MDI Screen Systems. As part of the relationship, more than 40 STS technicians will join Cinionic's trusted cinema service network looking after exhibitors across North America. "Leveraging a legacy of cooperation between the companies, the bolstered cinema service operations provide reliable care for cinemas as moviegoers continue to return to the big screen. The STS field team will receive customized training as an install and servicing partner for all Cinionic's experience-enhancing cinema solutions," the company said. Cinionic and Ballantyne Strong will continue to collaborate on new opportunities that use Cinionic's laser-powered solution portfolio.
PRIM

Hot Stocks

08:37 EDT Primoris awarded two new solar contracts valued over $120M - Primoris announced two new solar awards with a combined value of over $120M. The contracts were secured by the company's Energy/Renewables segment. The first award is for the engineering, procurement, and construction of a utility-scale solar facility in the Southwest. The primary scope includes all civil, electrical and mechanical work. Initial construction on the project will begin in Q3 of 2021 with completion expected in Q3 of 2022. The second award is for the engineering, procurement, and construction of a utility-scale solar facility in the Midwest. The scope includes all civil, electrical and mechanical work. Initial construction on this project will begin in the third quarter of 2021 with completion expected in Q2 of 2022.
INLB

Hot Stocks

08:36 EDT Pelorus Equity Group enters $19M construction-financing loan with Item 9 Labs - Pelorus Equity Group has entered into a $19 million construction-financing loan with Item 9 Labs. The proceeds from Pelorus' high-performance loan will be used to finance the acquisition of 44 acres of adjacent land next to Item 9 Labs' 19,200 sq. ft. facility in Arizona, which has been operational since 2017. The loan will also be used to finance the master site development. Construction of phase 1 consists of three additional steel buildings and two green houses. This initial expansion adds 9,600 sq. ft. for indoor cultivation, 9,600 sq. ft. of lab and packaging and a 9,600 sq. ft. head house to support the addition of the two 18,000 sq. ft. greenhouses. The total expansion will consist of six more buildings - one will be for expansion of the Company's lab and support space for finished product, and the other five will be for indoor cultivation. Once complete, the Item 9 Labs site will comprise 640,000-plus sq. ft. of cannabis operations. In Arizona, Item 9 Labs is currently cultivating and manufacturing a range of cannabis products, including 75-plus high-quality cannabis strains that are sold at 60% of Arizona's dispensaries, along with 150 differentiated cannabis products. In Nevada, Item 9 Labs will use the proceeds to complete its 20,000 sq. ft. state-of-the-art cultivation, manufacturing and lab facility and produce products for the Silver State's marketplace. The collective loan balance across Item 9 Labs' subject properties in Arizona and Nevada provides for a principal amount of approximately $19 million at an annual interest rate of 16% over a term of 18 months. Construction is expected to be completed over the next three years, and will increase Item 9 Labs' capabilities to meet the growing consumer marketplace and wholesale demands in Arizona and Nevada.
CYDY

Hot Stocks

08:36 EDT CytoDyn holders file suit to get holders vote in alternative director nominees - A group of long-time stockholders of CytoDyn that has nominated five highly experienced director candidates to serve on the Company's Board of Directors today announced that it has filed a lawsuit in the Delaware Court of Chancery seeking to force CYDY to allow stockholders to vote for the Group's nominees. CYDY has previously filed litigation seeking to block the ability of stockholders to vote for the Group's nominees as an alternative to the current CYDY Board and has issued several communications falsely stating that stockholders cannot do so. The Group stated, "The current CytoDyn Board has repeatedly failed to secure FDA approval for the Company's groundbreaking Leronlimab drug, which has the potential to improve the lives of people suffering from several conditions. Given the Board's value-destructive failures and snowballing legal and regulatory issues, we have nominated five exceptionally qualified candidates to serve on the Board and utilize their considerable expertise to achieve the Company's core objectives of obtaining FDA approval for Leronlimab and reinvigorating CYDY. We will not stand by while the incumbent Board and management team files meritless lawsuits and issues false press releases, in addition to their corrupt behaviors and efforts to entrench themselves, in order to continue collecting their outsized pay packages. The time has come for stockholders to have this choice and we will fight to protect the stockholders' fundamental right to vote on CYDY's leadership while the Company illegally and irresponsibly fights to deprive them from doing so. If the current Board and management team are confident in their performance to date, why are they afraid to let stockholders vote?"
SOLO

Hot Stocks

08:35 EDT ElectraMeccanica to showcase SOLO EV at ACT Expo 2021 - ElectraMeccanica Vehicles announced that it will bring its flagship three-wheeled, single-occupant, SOLO EV to the Advanced Clean Transportation Expo.The Expo will be held from August 31 to September 1 at the Long Beach Convention Center. ElectraMeccanica can be found at Booth #1907 and the company is also proud to be the official sponsor of the "ACT Ride and Drive" event September 1st with SOLO test drives available to interested attendees.
ABVC

Hot Stocks

08:34 EDT ABVC BioPharma says FDA requests additional information on Vitargus - ABVC BioPharma provided an update regarding recent developments in connection with Vitargus, a bio-degradable vitreous substitute intended to facilitate retina re-attachment surgery. Early clinical studies indicate that Vitargus has unique properties that result in eliminating the need for post-surgery patient face-down positioning, as well as significantly greater recovery period patient comfort and visual acuity than currently available products. These developments include: ABVC has selected the first clinical study site and principal investigator for conducting a Phase II clinical study of Vitargus in Australia. The objective of the study "A Prospective Multi-Site Randomized Controlled Clinical Investigation of the Safety and Effectiveness of the ABV1701 Ocular Endotamponade" is to demonstrate the safety and effectiveness of Vitargus when compared to the commonly used SF6 Gas OE. Approval of the study by the Australian Therapeutic Goods Administration is expected in Q4 of 2021 with first patient enrollments beginning during Q1 of 2022. As previously disclosed, ABVC held a meeting with the US FDA on May 20, 2021, to review FDA comments regarding the results of the Vitargus Phase I studies. The FDA requested additional data, primarily involving animal studies, which the company expects to provide early in 2022. ABVC was encouraged by the FDA discussion and strongly believes that the efficacy and safety of Vitargus will be confirmed by the requested studies. The company continues to have active discussions with several large pharmaceutical companies interested in becoming distribution and/or manufacturing partners for Vitargus.
DATS

Hot Stocks

08:34 EDT DatChat partners with Rutgers University Computer Science - DatChat announced a partnership with Rutgers University Computer Science through their Industry Affiliates Program. DatChat will receive access to Rutgers engineering talent, collateral, and industry leading research and information. Through the partnership, DatChat will receive an open invitation to attend all colloquia and research presentations, access to technical reports and papers, facilitated introduction to faculty and research groups, and more. "We're at the confluence of blockchain technology, data privacy, and social media," said Darin Myman, founder and CEO of DatChat. "We understand the importance of building tools and applications with the highest privacy and security standards, and our partnership with Rutgers University will provide access to information and up-and-coming engineering talent. Protecting users' privacy and information is the future of sustainable technology business."
SAR

Hot Stocks

08:32 EDT Saratoga Investment board increases quarterly dividend to 52c per share from 44c - Saratoga Investment announced that its Board of Directors has declared a quarterly dividend of 52c per share for the fiscal quarter ended August 31, 2021, payable on September 28, 2021, to all stockholders of record at the close of business on September 14, 2021. This is an increase of 8c per share from 44c per share last quarter. "We are very pleased that our strong track record and portfolio performance, healthy credit profile, robust deal pipeline, and ongoing asset growth continue to generate strong, consistent financial performance in support of a program of paying and increasing quarterly dividends," said Christian Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. "This positive performance across all metrics has allowed us to increase our dividend this quarter by 8c, or 18%, to 52c per share. In concluding on this level of increase, we also took into consideration our current and projected level of spillover and ensuring we manage that appropriately. Our dividend strategy is consistent with our overall approach to managing risk conservatively, while pursuing long-term growth and credit quality. We will continue to evaluate dividend payments on a quarterly basis taking into account portfolio and investment performance, along with the prospects for continued economic recovery and growth."
KMB

Hot Stocks

08:32 EDT Kimberly-Clark announces executive leadership changes - Kimberly-Clark announced a series of executive leadership changes in support of its global business. Tristram Wilkinson, currently serving as President of Kimberly-Clark's Europe, Middle East and Africa consumer business, has been named President of the company's Asia Pacific consumer business, including China, India, Australia, Korea and the ASEAN member states. Wilkinson will continue to report to Chairman and CEO Mike Hsu and will be based in Singapore. Wilkinson is succeeding Aaron Powell, who is departing the company for an external opportunity. A successor to Wilkinson will be named in the near future.
TRIT

Hot Stocks

08:20 EDT Triterras announces listing extension granted by Nasdaq - Triterras announced that the company received notice from the Listing Qualifications Department of the NASDAQ Stock Market that its request for an extension to regain compliance with the Nasdaq Listing Rules has been granted. The company has until November 1, 2021 to file its Annual Report on Form 20-F for the fiscal year ended February 28, 2021 with the U.S. Securities and Exchange Commission. As previously disclosed, Triterras received a notice from the Listing Qualifications Department of Nasdaq on July 1, 2021 stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not timely filed its 2021 Annual Report with the U.S. Securities and Exchange Commission. Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required public financial reports with the SEC.
ENPH

Hot Stocks

08:18 EDT Enphase Energy, GRID Alternatives renew partnership - Enphase Energy announced that it has renewed its partnership with GRID Alternatives. Enphase will continue donating its microinverter technology as part of the partnership to help GRID achieve its mission of accelerating a transition to a world powered by renewable energy. "We're pleased to continue our partnership with GRID Alternatives in support of our mission to advance a sustainable future for all," said Badri Kothandaraman, President and CEO of Enphase Energy. "As we transition to a new energy future, it's our shared responsibility to ensure everyone can participate and no community is left behind." Nationally, GRID Alternatives has installed more than 30 megawatts of solar power for low-income communities using Enphase microinverters. This work has provided job trainees and volunteers with more than 500,000 hours of solar education and training.
NVEE

Hot Stocks

08:16 EDT NV5 Global appoints Denise Dickins to board of directors - NV5 Global announced the appointment of Denise Dickins, Ph.D., CPA, CIA to the NV5 Board of Directors. Dickins is a Professor of Accounting and Auditing at East Carolina University. She has served on the board of directors for several publicly traded companies. Dickins was approved by the NV5 Board of Directors and will fill the board position previously held by Michael Renshaw who resigned from the Board of Directors in August 2021 due to perceived conflicts of interest.
BDRBF SAABF

Hot Stocks

08:15 EDT Bombardier delivers fifth Global business jet for Saab's GlobalEye - Bombardier (BDRBF) is proud to announce the recent arrival of a fifth Global business jet at Swedish defense supplier Saab's (SAABF) Linkoping, Sweden, location, ready for conversion into Saab's Airborne Early Warning and Control solution known as GlobalEye. The aircraft was delivered to Saab from Bombardier's Toronto manufacturing site and underwent interior completions work at Flying Colours Corp. in Peterborough, Ontario, prior to arriving in Sweden.
HTBX

Hot Stocks

08:14 EDT Heat Biologics launches Skunkworx Bio, new drug discovery subsidary - Heat Biologics announced the launch of its wholly-owned subsidiary, Skunkworx Bio, focused on the development of a drug discovery paradigm to enable rapid drug development. Jeff Wolf, Chief Executive Officer of Heat, commented, "We are extremely proud to launch Skunkworx, an innovative platform to accelerate the path from discovery to preclinical development. Skunkworx augments Heat's emerging drug development ecosystem designed to efficiently move new biologic programs from discovery into the clinic. New programs will be discovered through Skunkworx, developed at Heat and manufactured at Scorpion Biological Services, Heat's wholly owned manufacturing subsidiary. This integrated platform is focused on driving innovation by rapidly accelerating the drug development process. We look forward to working with Skunkworx to advance a wide repertoire of drugs across a wide variety of indications, including biosecurity applications, an area of growing importance."
RSVR

Hot Stocks

08:12 EDT Reservoir Media strikes deal with country group Alabama - Reservoir Media has struck a deal with country group Alabama for the group's interest in its recorded music rights catalog. The prolific group is among the world's best-selling bands of all time and is the most awarded band in the history of Country music, with over 200 honors from the entertainment industry's top organizations. Alabama also set and holds an incredible streak of 21 straight #1s, a record they have held for over 30 years. Cousins Randy Owen, Teddy Gentry, and Jeff Cook formed Alabama in Fort Payne, Alabama in 1969, originally performing under the name Wildcountry. After changing its name in 1977, the band released their first two singles, which helped earn them a record deal with RCA Nashville. During the 1980s, Alabama landed seven multi-platinum albums and over 27 #1 hits.
PME

Hot Stocks

08:10 EDT Pingtan Marine Enterprise receives additional Nasdaq noncompliance letter - Pingtan Marine Enterprise has received an additional delinquency notification letter from Nasdaq indicating that, since the company remains delinquent in filing its Annual Report on Form 10-K for FY20 and its Q1 and Q2 Quarterly Reports on Form 10-Q, the company is not in compliance with the timely filing requirement for continued listing. Pingtan submitted a plan to Nasdaq on June 14 outlining its plan to regain compliance with respect to these delinquent reports. The company continues to engage in discussions with Nasdaq regarding its plan to regain compliance. The company anticipates filing the Form 10-K, Q1 Form 10-Q and Q2 Form 10-Q on or before October 12. The company will continue to work to complete and file the delinquent reports as soon as practicable.
SOTK

Hot Stocks

08:10 EDT Sono-Tek announces uplisting to Nasdaq Capital Market - Sono-Tek Corporatio announced that the Company's common stock has been approved for listing on the Nasdaq Capital Market. Trading on Nasdaq will be effective at the market open on August 27, 2021 and the shares will trade under the Company's current ticker symbol "SOTK". The Company's shares will continue to trade on the OTCQX under the symbol "SOTK" until trading on Nasdaq commences.
ALHC

Hot Stocks

08:10 EDT Alignment Healthcare launches PPO Plan with Scripps Health in San Diego county - Medicare Advantage company Alignment Healthcare announced the addition of a new PPO plan option with Scripps Health to its San Diego County network starting January 1, 2022, pending regulatory approval. "This exclusive PPO product offers access to Scripps' vast network of resources including Scripps Coastal Medical Center, Scripps Clinic, Scripps HealthExpress and Scripps hospitals," said Dawn Maroney, markets president, Alignment Healthcare, and CEO, Alignment Health Plan. "As Alignment broadens its footprint throughout California, we are delighted to provide our San Diego members with greater access to top doctors and health services in 2022 and beyond."
ALHC

Hot Stocks

08:09 EDT Alignment Healthcare launches PPO Plan with Scripps Health in San Diego county - Medicare Advantage company Alignment Healthcare announced the addition of a new PPO plan option with Scripps Health, a nonprofit health care system recognized for excellence in patient care and community health improvement, to its San Diego County network starting January 1, 2022, pending regulatory approval. "This exclusive PPO product offers access to Scripps' vast network of resources including Scripps Coastal Medical Center, Scripps Clinic, Scripps HealthExpress and Scripps hospitals," said Dawn Maroney, markets president, Alignment Healthcare, and CEO, Alignment Health Plan. "As Alignment broadens its footprint throughout California, we are delighted to provide our San Diego members with greater access to top doctors and health services in 2022 and beyond."
SUNW

Hot Stocks

08:08 EDT Sunworks, CBG Building to provide 752.4kW carport solar system at UC Davis - Sunworks announced that it has signed an agreement with CBG Building to provide a 752.4kW carport solar system for Orchard Park, a 1,549-bed student housing project on the University of California, Davis campus.
MSSTF

Hot Stocks

08:08 EDT Mindset announces preclinical results from Family 3 compounds - Mindset Pharma announced that candidates from its Family 3 compounds, comprised of long-acting psilocybin side-chain restricted analogs, have demonstrated extended duration of action and decreased effect size at the 5-HT2A receptor. These results indicate a potentially significant improvement in the sustained efficacy and safety profile of current microdosing practices. Mindset's Family 3 compounds are next-generation psilocybin analogs engineered to deliver the therapeutic benefits associated with microdosing across a range of doses while limiting hallucinogenic liability. The Company has run a battery of specialized in-vitro and in-vivo tests on its patent-pending novel compounds to select the optimal psychedelic drug candidates for progressing towards human clinical trials.
ISUN

Hot Stocks

08:07 EDT iSun announces multiple project awards in Vermont exceeding $7M - iSun announced that it has been awarded 11 projects for Solar Engineering, Procurement and Construction, EPC, services in its home state of Vermont. iSun estimates that the portfolio will have a combined contract value exceeding $7M. "We're always excited to communicate progress towards our three-pronged strategy for growth to our investors," said Jeffrey Peck, Chairman and Chief Executive Officer of iSun. "We're particularly proud when such news happens in our own backyard. Again, since first announcing this strategy in late 2019, we've maintained that our relationships and reputation within regions where we're more established will provide springboards for continued growth opportunities. These Vermont contracts are proof of exactly that."
INO

Hot Stocks

08:07 EDT Inovio authorized for Phase 3 trial of COVID-19 DNA vaccine candidate in Brazil - Inovio has received regulatory authorization from Brazil's ANVISA , the national health regulatory agency of Brazil, to initiate the global Phase 3 segment of its Phase 2/3 trial, Innovate, for INO-4800, its DNA vaccine candidate for COVID-19. Inovio plans to conduct the global Innovate Phase 3 segment in multiple countries, including Brazil, with partner Advaccine Biopharmaceuticals. The global Phase 3 segment of the Innovate Phase 2/3 clinical trial will evaluate the efficacy of INO-4800 in men and non-pregnant women 18 years of age and older in several countries. The primary endpoint of this case-driven Phase 3 trial is virologically confirmed COVID-19. INO-4800 is administered intradermally and has caused only very limited side effects (mostly mild injection site reactions. 100% of Phase 1 participants demonstrated overall immunological response rates and had balanced neutralizing antibodies and favorable T-cell responses. The vaccine candidate is projected to be stable at room temperature for more than a year, at 37 degrees C for more than a month, has a 3 to 5-year projected shelf life at 2-8 degrees C and does not need to be frozen during transport or storage. INO-4800 can be safely readministered offering the potential for seasonal boosting usage. The Phase 2 data showed INO-4800 was well-tolerated and immunogenic in adults 18 and older. In another study using clinical samples, INO-4800 was also found to provide broad cross-reactive immune responses against variants of concern.
FSII

Hot Stocks

08:07 EDT Pardes Biosciences initiates first-in-human trial for PBI-0451 - Pardes Biosciences announced the initiation of a Phase 1 clinical trial, evaluating the company's lead candidate, PBI-0451 which is being developed as a potential oral direct-acting antiviral to treat and prevent infections with SARS-CoV-2, the virus that causes COVID-19. In preclinical studies, PBI-0451 has been shown to inhibit replication of a broad range of coronaviruses including SARS-CoV-2 across multiple in-vitro models, and was well tolerated in clinically enabling toxicity studies. The Phase 1 study will be a placebo-controlled, blinded, randomized, dose escalation study of PBI-0451 in healthy volunteers designed to evaluate the safety, tolerability, and pharmacokinetics of PBI-0451 after single and multiple ascending doses, and will also explore the drug-drug interaction potential of PBI-0451. This first-in-human study is designed to explore the potential for dosing PBI-0451 as a once or twice-a-day pill and is anticipated to enroll up to 110 healthy volunteers. The company anticipates reporting clinical data from this Phase 1 study in the fourth quarter of 2021. On June 29, 2021, Pardes entered into a definitive Agreement and Plan of Merger with FS Development Corp. II. a special purpose acquisition company.
UNIT

Hot Stocks

08:07 EDT Uniti Group launches Wave Lease product - Uniti Group announced that it has launched its Wave Lease product by deploying a state-of-the-art, Open Line System across portions of its Florida network, with plans to expand nationwide. This deployment will allow Uniti to offer its customers 100G and 400G Wavelength Services and multiple-Terabit Spectrum Services across the system.
ACBA

Hot Stocks

08:06 EDT DayDayCook announces merger agreement with Ace Global Business Acquisition - DayDayCook announces that it has entered into a definitive merger agreement with Ace Global Business Acquisition providing for a business combination that will result in DayDayCook becoming a publicly listed company. Upon closing of the transactions, the parties plan to remain NASDAQ-listed under a new ticker symbol. As part of the transaction, Ace aims to complete a private investment in public equity of approximately $30-40MM, and the combined company will have a pro forma firm value of approximately $377-387MM at closing, assuming no shareholder redemption. DayDayCook will receive $46.9MM in cash from Ace's trust account. DayDayCook's current management team will continue running the combined Company after the transaction. The RTC market size is expected to grow at 20% CAGR to reach USD 150bn in 2027, driven by structural changes in consumer behavior and preferences. DDC is well positioned to capture this opportunity, leveraging its Omni-channel sales strategy to span across traditional e-commerce, social-commerce, and offline retailer networks. The company also has strategic partnerships with key manufacturers to build a strong and nimble supply chain. DayDayCook has also launched plant-based products to address the rising demand for healthier meal choices amongst consumers as well as to promote a quality lifestyle to the company's customer base. Increasing contribution from plant-based products both in terms of revenue and number of SKUs is a core strategy for DDC. This month, DayDayCook announced a strategic investment with Proterra, further strengthening the company's commitment in future plant-based business developments. Under the terms of the Merger Agreement, Ace will acquire DDC, resulting in DDC being a listed company on the Nasdaq Capital Market. At the effective time of the transaction, DDC's shareholders and management will receive 30 million shares of Ace's common stock. In addition, DDC shareholders will be entitled to receive earn-out consideration of up to an additional 3.6 million shares of Ace's common stock, subject to DDC achieving certain share price thresholds and revenue targets prior to certain future dates, as set forth in the Merger Agreement.
BEEM

Hot Stocks

08:04 EDT Beam Global issued Chinese patent for EV ARC system - Beam Global announced the issuance of another patent by the Chinese Patent Office that covers the Company's compact transportation-configurable EV ARC products. The Chinese Patent Certificate for Patent No. ZL201680066408.6 is for the Company's EV ARC product development, enabling configuration in a compact condition for shipping in a 20-foot shipping container or on flatbed, rail car, or the Company's ARC Mobility proprietary transportation system. "We already have various patents covering our rapidly deployed EV ARC systems in the US, China and the EU," said Desmond Wheatley, Beam Global's CEO. "Our ability to transform EV ARC into a compact shippable form-factor that can be easily shipped anywhere in the world in a container, is a significant differentiating advantage for us. I'm not aware of any other company that can deliver a rapidly deployed EV charging infrastructure product that requires no site work at its destination and no connection to the grid. Protecting this and all our other valuable IP in China and Europe is important particularly as we continue to consider international expansion opportunities."
PFE

Hot Stocks

08:04 EDT Pfizer announces Aamir Malik has joined as Chief Business Innovation Officer - Pfizer announced that Aamir Malik has joined the company as Executive Vice President and Chief Business Innovation Officer. Mr. Malik will be a member of Pfizer's Executive Leadership Team reporting to Chairman and Chief Executive Officer, Albert Bourla. Mr. Malik joins Pfizer from McKinsey & Company, where he most recently served as the Managing Partner responsible for the firm's U.S. operations. Previously, he led the firm's Global Pharmaceuticals & Medical Products practice. Malik succeeds John Young, Executive Vice President and Chief Business Officer, who recently announced his intent to retire after a 34-year career at Pfizer. Mr. Malik begins his role on August 30, 2021 and will work with John to ensure a seamless transition. At Pfizer, Mr. Malik will oversee the company's strategy, business development, portfolio management, pipeline prioritization, and formation of new business ventures, as well as the advancement of innovative access partnerships with payers and governments around the world. "We are delighted to welcome Aamir Malik to our executive leadership team in this important role as we enter the next era of innovation for Pfizer and continue our pursuit of both cutting-edge science and opportunities to reimagine how we do business for the benefit of patients and society," said Albert Bourla, Chairman and Chief Executive Officer, Pfizer. "Aamir brings with him 25 years of experience developing innovative growth strategies, guiding mergers and acquisitions, and implementing high-impact programs to improve patients' lives and transform performance for life science companies. He is the ideal leader to drive these efforts."
BNGO

Hot Stocks

08:04 EDT Bionano Genomics announces 11 customer presentations of OGM data - Bionano Genomics announced the European Society of Human Genetics conference lineup featuring 11 customer presentations of optical genome mapping data spanning three major clinical areas of application from 10 institutions and six countries. The clinical application areas represented below cover hematological malignancies, inherited genetic disorders and solid tumor analysis. The presentations are expected to cover the clinical utility of OGM across these application areas, along with the unique capabilities of Bionano's Saphyr system to detect all classes of structural variants, across the genome, at a superior resolution relative to traditional techniques. The ESHG conference is being held virtually starting this Saturday from August 28 - 31, 2021. More than 3,400 participants are registered for this year's ESHG meeting, which provides a platform for the dissemination of the most exciting advancements in the field of human genetics.
THO

Hot Stocks

08:03 EDT Thor Industries enters two-year partnership with Girl Scouts of the USA - Thor Industries has entered a two-year partnership with Girl Scouts of the USA. The partnership underscores Thor's continued commitment to promoting inclusivity in the outdoors. As part of the commitment, Thor will be sponsoring GSUSA's largest and most popular outdoor event, Girl Scouts Love State Parks. The annual event is hosted in nearly 500 state parks across all 50 states and Puerto Rico. The 2021 event, occurring September 11 and 12, will be focused on inclusivity and park stewardship in response to COVID's impact on public lands. As part of the sponsorship, Girl Scouts is incorporating Thor's own sustainability program, Pick Up America, into its park stewardship efforts. Since the program's launch in 2019, participants have pledged to remove over 240 tons of trash from public lands. Any of the nearly 100,000 Girl Scouts and families expected to participate may pledge to remove bags of trash from public lands through a custom-designed, co-branded Pick Up America website.
ZGNX

Hot Stocks

08:03 EDT Zogenix receives Orphan Drug Designation for FINTEPLA in Japan - Zogenix announced that the Japanese Ministry of Health, Labour & Welfare has granted Orphan Drug Designation to FINTEPLA oral solution, which Zogenix is developing in Japan as a potential treatment for seizures associated with Dravet syndrome. Zogenix is on track to submit a J-NDA for FINTEPLA for the treatment of seizures associated with Dravet syndrome later this year. If approved, the product will be made available in Japan through an exclusive distribution agreement with Nippon Shinyaku. "The orphan drug designation of FINTEPLA in Japan is an important milestone in our mission to meet the unmet needs of severe, rare epilepsy patients around the world," said Stephen Farr, Ph.D., President and Chief Executive Officer of Zogenix. "We are proud to have worked with patients, physicians, and regulators in Japan to achieve this milestone and reinforce our commitment to working with the MHLW to bring this much-needed potential treatment option to patients and families living with Dravet syndrome in Japan."
BKYI

Hot Stocks

08:02 EDT Orange County Supervisor of Elections Office selects BIO-key PortalGuard - BIO-key International announced that Florida's Orange County Supervisor of Elections Office has selected BIO-key's PortalGuard Identity and Access Management platform to provide secure, multi-factor authentication and access to voter data and files in Florida's fifth-largest county. The decision builds on the Office's earlier deployment of BIO-key's fingerprint biometric solutions.
GDOT

Hot Stocks

08:02 EDT Green Dot appoints Mike Althouse as chief compliance officer - Green Dot announced the appointment of Mike Althouse as chief compliance officer. In this role, Althouse will oversee the company's compliance programs and work to ensure the digital bank adheres to all state and federal regulations. Althouse will report to the CEO of Green Dot Bank, Greg Quarles. Althouse brings more than two decades of compliance leadership experience to Green Dot. He joins the company from The Bancorp, where he served as chief compliance officer responsible for overseeing and improving the bank's compliance programs spanning the consumer and commercial deposit and lending divisions, which included community banking, private-label banking, prepaid card, institutional banking, leasing and small business lending.
QMCO

Hot Stocks

08:02 EDT Quantum to acquire assets of EnCloudEn, terms not disclosed - Quantum announced a definitive agreement to acquire the assets of EnCloudEn, an early stage hyperconverged infrastructure software company. This agreement follows Quantum's recent acquisition of the surveillance business assets of Pivot3, an early pioneer of hyperconverged infrastructure for video surveillance workloads. The EnCloudEn acquisition will enable Quantum to expand the addressable market for the company's video surveillance portfolio, offering customers a solution using their server hardware of choice with a flexible subscription-based software model. EnCloudEn's approach to simplicity and automation integrates tightly with Quantum's strategy to offer customers intuitive end-to-end solutions for the video data lifecycle. The asset acquisition is expected to close later this quarter and is subject to customary closing conditions.
GMBT

Hot Stocks

07:48 EDT Swvl completes pre-funding of $35.5M of PIPE - Swvl announced that several investors, including Agility and Chimera Abu Dhabi, have completed the pre-funding of $35.5M of the aggregate PIPE subscription raised in connection with the company's proposed business combination with Queens Gambit Growth Capital. Swvl is executing a comprehensive growth strategy with the goal of realizing approximately $1B of annual gross revenue and expansion to more than 30 cities in more than 20 countries by 2025. The proceeds raised through the pre-funding transaction are expected to accelerate those expansion efforts and to further Swvl's investment in its proprietary technology platform.
EDSA

Hot Stocks

07:44 EDT Edesa gives update on clinical study on monoclonal antibody candidate for Covid - Edesa Biotech provided an update on a Phase 2/3 clinical study evaluating the company's monoclonal antibody candidate as a single-dose therapy for hospitalized COVID-19 patients.As of August 25, Edesa reported that more than 525 subjects have been randomized into the study to be treated with either Edesa's monoclonal antibody, designated EB05, plus standard of care treatment, or placebo plus standard of care. Approximately 35 of these patients have been assigned to an investigation sub-study evaluating EB05 as a rescue therapy for patients with critically severe COVID-19 symptoms, including patients who have been ventilated for more than five days or are receiving extracorporeal membrane oxygenation therapy. Additionally, the company reported that all patients planned for a key interim analysis have been randomized and completed the treatment protocol. Edesa expects the analysis from third-party statisticians to be completed in the coming weeks.The company said that the interim analysis will include data from approximately 316 subjects. The blinded comparative interim analysis of treatment data and events is expected to inform patient segmentation and associated endpoints for the final part of study. As a Phase 2/3 study, enrollment has continued during the analysis.
VVOS

Hot Stocks

07:38 EDT Vivos Therapeutics, Empower Sleep launch new cooperative relationship - Vivos Therapeutics announced a new cooperative relationship with Empower Sleep, a company providing accessible and personalized telemedicine sleep care, to provide critical diagnostic and medical consultation services to people across North America who suffer from obstructive sleep apnea, OSA. "Vivos and Empower Sleep plan to leverage each company's core technologies to provide a user-friendly platform with personalized insights for patients who are being screened for OSA by North American dentists and other healthcare providers," the company said. Central to this collaboration is the Company's VivoScore product, powered by SleepImage, a biometric ring recording device that allows patients to readily take a sleep test in their own homes. The test results will be automatically uploaded and interpreted by independent physicians and personnel at Empower Sleep. From there, treatment or a telemedicine consultation may be recommended, or a consult with a medical doctor and dentist may be scheduled. "Our trained providers' VivoScore sleep test use has increased by more than 300 percent from just a few weeks ago," said Kirk Huntsman, Vivos Chairman and CEO. "What's more, about half of those patients are testing positive for OSA. Simply put, VivoScore is gaining traction, and we believe that this new cooperative relationship with Empower Sleep will add a vital medical diagnostic and consultative component to our patient-friendly sleep apnea treatment ecosystem. We believe that more screenings and confirmed diagnoses of OSA mean that more patients will seek what is often lifesaving treatment for their OSA, which may include using the Vivos System."
MINM

Hot Stocks

07:36 EDT Minim launches MikroTik router firmware management feature - Minim announced that its WiFi as a Service platform can directly manage MikroTik device firmware in subscriber homes. The new feature enhances subscriber network security by ensuring timely device updates and centralized device visibility for the Internet Service Provider. It also eliminates time, cost, and complexity for ISPs that manually manage these updates; individual updates can take an IT team an average of 10 to 15 minutes per router to perform.
ETWO TEL

Hot Stocks

07:36 EDT E2open names Kari Janavitz Chief Marketing Officer - E2open (ETWO) announced that Kari Janavitz will join the company as chief marketing officer, CMO, effective today. Janavitz will join E2open's executive leadership team, reporting to CEO Michael Farlekas, and will oversee a marketing function that includes brand, digital marketing, regional and field marketing, digital channels, inside sales, and communications. A technology and B2B marketing leader focused on driving growth and building value, Janavitz joins E2open from TE Connectivity (TEL) where she was the CMO and a member of the company's senior leadership team. During her eight years at TE, an industrial technology leader in connectors and sensors, she was recognized for building TE's brand, generating global recognition for the company, launching small-to-medium business initiatives and other key digital and marketing efforts enabling customer and revenue growth.
BURL

Hot Stocks

07:35 EDT Burlington Stores reports Q2 SSS up 19% vs. 2Q19 - Gross margin rate was 42.2% vs. 41.4% for the second quarter of FY19, an increase of 80 basis points.
CERC AVTX

Hot Stocks

07:35 EDT Avalo Therapeutics announces name change from Cerecor - Avalo Therapeutics announced that it has launched its new corporate name Avalo Therapeutics. In conjunction with the corporate name change, the company will trade on the Nasdaq Capital Market under the new ticker symbol "AVTX". The new ticker will become effective at the open of the market on August 26, 2021. "The rebranding from Cerecor to Avalo Therapeutics comes at a defining moment in our Company's history and better reflects who we are today with our increased focus on immunology, immuno-oncology, and rare genetic diseases," said Michael F. Cola, President and Chief Executive Officer of Avalo Therapeutics. "We are excited to continue the advancement of our programs, including our recent expansion of AVTX-002, a promising first-in-class monoclonal antibody, into moderate-to-severe ulcerative colitis refractory to anti-TNF alpha therapies. As we enter this exciting period of our corporate journey, we look forward to the numerous data readouts in the second half the 2021."
ZEST

Hot Stocks

07:32 EDT Ecoark Holdings announces plans for spin-off of Trend Discovery subsidiary - Ecoark Holdings announced its plan to spin-off its subsidiary, Trend Discovery Holdings, and its subsidiaries into a new independent publicly traded company through a pro rata distribution of Trend's common stock to Ecoark's shareholders. Ecoark plans to distribute approximately 80% of the common stock of Trend to its shareholders as of a future record date to be determined upon completion of regulatory compliance. The Company, via its holding company model, plans to retain the remaining 20% ownership in Trend on its balance sheet. Ecoark's Board of Directors unanimously authorized management to proceed with the spin off. Brad Hoagland, CFA, Chief Financial Officer of Ecoark is expected to assume the role of Chief Investment Officer of Trend, while retaining the role of Chief Financial Officer of Ecoark until a long-term successor has been named. The transaction is expected to close in the calendar fourth quarter of 2021, subject to the satisfaction of customary conditions, and the effectiveness of a Form 10 registration statement to be filed with the Securities and Exchange Commission. The exchange listing is subject to meeting applicable listing requirements. "We are constantly exploring opportunities to generate shareholder value, and firmly believe that this transaction unlocks a greater value of the Trend asset relative to its valuation as part of Ecoark's current portfolio," stated Randy May, Chief Executive Officer of Ecoark. "We believe, Trend will be positioned to excel in the FinTech market with the platform and resources of a pure-play, stand-alone publicly traded company."
ADCT

Hot Stocks

07:26 EDT ADC Therapeutics in financing deal with HealthCare Royalty for up to $325M - ADC Therapeutics announced it had entered into a royalty purchase agreement with HealthCare Royalty Partners, HealthCare Royalty. Under the terms of the $325M financing agreement, ADC Therapeutics will receive $225M upon closing, and is eligible to receive an additional $75M upon the first commercial sale of ZYNLONTATM, loncastuximab tesirine, in Europe and an additional $25M upon the achievement of a near-term commercial milestone for ZYNLONTA. In exchange, HealthCare Royalty will receive a 7% royalty on worldwide net sales and licensing revenue from ZYNLONTA, with the exception of greater China, Singapore and South Korea, and a 7% royalty on worldwide net sales and licensing revenue from Cami , subject to limited carve-outs. Based on performance tests in 2026 and 2027, these royalty rates are subject to potential upward adjustment, up to a maximum of 10%. The total royalty payable by ADCT to HealthCare Royalty is capped in the range of 2.25x to 2.50x of the amount paid to ADCT, dependent upon the amount of royalties paid by 2029. Once the cap is hit, the agreement terminates. Upon closing of this transaction, and together with the Company's current cash balance and anticipated business plan, ADC Therapeutics will have a substantial multi-year working capital runway. "This transaction reflects the significant value of ZYNLONTA and Cami. We are delighted to partner with HealthCare Royalty, a leading healthcare investment firm, to continue the development and commercialization of ZYNLONTA in combination with other drugs, in earlier lines of therapy and in new histologies, as well as to continue our development and commercialization plans for Cami," said Chris Martin, Chief Executive Officer of ADC Therapeutics. "With this transaction, we are well-positioned to continue executing on our plans and improving the lives of patients."
SSTK

Hot Stocks

07:25 EDT Shutterstock Editorial launches Rights And Clearance service - Shutterstock is launching Rights and Clearance, a service for Shutterstock's global customer base that obtains third party permissions across the entire portfolio of assets for promotional use in advertisements, social campaigns, marketing materials and more. Shutterstock's Rights and Clearance service connects Shutterstock's customers with a team of global experts for content clearing and permissions across an array of promotional uses. Shutterstock's Rights and Clearance is an extension of Asset Assurance, a service launched in 2020 for licensing editorial images and footage for commercial and creative campaigns.
ADCT

Hot Stocks

07:22 EDT ADCT sells capped royalty interest on ZYNLONTATM and Cami for $225M plus - ADC Therapeutics announced it had entered into a royalty purchase agreement with HealthCare Royalty Partners, HealthCare Royalty. Under the terms of the $325M financing agreement, ADC Therapeutics will receive $225M upon closing, and is eligible to receive an additional $75M upon the first commercial sale of ZYNLONTATM, loncastuximab tesirine, in Europe and an additional $25M upon the achievement of a near-term commercial milestone for ZYNLONTA. In exchange, HealthCare Royalty will receive a 7% royalty on worldwide net sales and licensing revenue from ZYNLONTA, with the exception of greater China, Singapore and South Korea, and a 7% royalty on worldwide net sales and licensing revenue from Cami , subject to limited carve-outs. Based on performance tests in 2026 and 2027, these royalty rates are subject to potential upward adjustment, up to a maximum of 10%. The total royalty payable by ADCT to HealthCare Royalty is capped in the range of 2.25x to 2.50x of the amount paid to ADCT, dependent upon the amount of royalties paid by 2029. Once the cap is hit, the agreement terminates. Upon closing of this transaction, and together with the Company's current cash balance and anticipated business plan, ADC Therapeutics will have a substantial multi-year working capital runway. "This transaction reflects the significant value of ZYNLONTA and Cami. We are delighted to partner with HealthCare Royalty, a leading healthcare investment firm, to continue the development and commercialization of ZYNLONTA in combination with other drugs, in earlier lines of therapy and in new histologies, as well as to continue our development and commercialization plans for Cami," said Chris Martin, Chief Executive Officer of ADC Therapeutics. "With this transaction, we are well-positioned to continue executing on our plans and improving the lives of patients."
BFI

Hot Stocks

07:17 EDT BurgerFi partners with ICR for investor relations efforts - BurgerFi International announced that it has engaged ICR, a strategic communications advisory firm, to manage its investor relations program.
IBIO GNCA

Hot Stocks

07:16 EDT iBio appoints William Clark to board of directors - iBio (IBIO) announced the appointment of William Clark to its Board of Directors, effective immediately. Clark has more than 30 years of biotechnology and pharmaceutical experience, with a focus on business development, commercialization, strategic planning, and general management. Since 2011, he has served as the President and Chief Executive Officer of Nasdaq-listed biopharmaceutical company, Genocea Biosciences (GNCA)
PZG GROY

Hot Stocks

07:16 EDT Paramount Gold to acquire 100% interest in Bald Peak Project from Nevada Select - Paramount Gold Nevada Corp. (PZG) announced today that it has entered into an agreement with Nevada Select Royalty to purchase a 100% interest in the Bald Peak Project located in Mineral County, Nevada. Nevada Select is a wholly owned subsidiary of Ely Gold Royalties Inc., which was recently acquired by Gold Royalty Corp. (GROY). Bald Peak is a large gold and silver epithermal system with several miles of prospective ground in the prolific, Bodie-Aurora-Borealis district which has produced over 3 million ounces of gold from open pit mines. Gold and silver mineralization is associated with strongly silicified rock in a well-defined 4-mile-long structural system. Surface outcropping has returned rock samples grading over 8 g/T gold. The gold-bearing silicified material exhibits a strong, easy-to-follow resistivity signature. During due diligence, the Paramount technical team identified an alteration system stretching beyond the Bald Peak property and has staked additional claims extending towards Hecla Mining's Aurora Mine. Paramount's plan is to initiate surface sampling, geological reconnaissance, and a subsequent geophysical survey to map silicification at depth to identify drill targets. Paramount has the right to acquire a 100% interest in the Bald Peak Project for total consideration of $300,000 payable to Nevada Select as follows: $20,000 on closing of the transaction; $30,000 upon the receipt of a drilling permit; $50,000 one year following the Permit Date; $50,000 due on each of the second and third years following the Permit Date; and A final payment of $100,000 four years following the Permit Date. Nevada Select, upon option exercise, will retain a 3% Net Smelter Royalty, on the Nevada Select Claims Paramount has the right to reduce the NSR to 2% for a payment of $1 million.
AVXL

Hot Stocks

07:15 EDT Anavex Life Sciences announces publication of data for ANAVEX 2-73 - Anavex Life Sciences announced that preclinical data of ANAVEX 2-73 in Fragile X Syndrome were published in the peer-reviewed journal, Scientific Reports. The study evaluated doses of ANAVEX 2-73 in Fmr1 knockout mice, which resulted in the reversal of hyperactivity and restoration of associative learning as well as reduction in anxiety-like and perseverative behaviors. Additionally, ANAVEX 2-73 also restored pAkt and BDNF levels in the hippocampus, which are signaling pathways particularly affected in Fragile X Syndrome. ANAVEX 2-73 also showed a good safety profile. The study, "Effects of the Sigma-1 Receptor Agonist Blarcamesine in a Murine Model of Fragile X Syndrome: Neurobehavioral Phenotypes and Receptor Occupancy," is the basis for a Phase 2/3 ANAVEX 2-73 study in Fragile X Syndrome. Since the behavioral paradigms reflect the involvement of multiple cortical and subcortical regions, their marked improvement by ANAVEX 2-73 suggest widespread activation of SIGMAR1 by the drug and modulation of multiple neural pathways. The observation of normalization of pAkt and BDNF levels after ANAVEX 2-73 administration, in a brain region critical for cognition and behavior, is also a finding with important implications for Fragile X Syndrome and other synaptic disorders. Altogether, these neurobehavioral, biochemical, and imaging data demonstrate that corresponding doses of ANAVEX 2-73 that yield measurable receptor occupancy are effective for substantially correcting key synaptic and behavioral phenotypes in Fmr1 KO mice. The data also suggest that these positive effects are mediated by SIGMAR1 activation in multiple brain regions, where ANAVEX 2-73 binds to the receptor in a dose-dependent and genotype-independent manner.
ICCM

Hot Stocks

07:15 EDT IceCure Medical to begin trading on Nasdaq Capital Market - IceCure Medical announced that its ordinary shares have been approved for listing on the Nasdaq Capital Market. The company's shares will begin trading on Nasdaq on August 26 at market open under the ticker symbol "ICCM." The company will maintain the listing of its ordinary shares on the Tel Aviv Stock Exchange under the symbol "ICCM."
XOS

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07:13 EDT Xos appoints Henry Kwon as head of investor relations - Xos announced Henry Kwon has been appointed to the newly created role of Head of Investor Relations. He began his role on Monday, August 16. Kwon will be responsible for developing and executing an investor relations strategy to support the future growth of Xos. In this role, he will also build relationships with investors and analysts through ongoing conversations centered on the corporate, business, and financial objectives of the company. Kwon will report to Kingsley Afemikhe, Xos' CFO. Kwon spent 18 years as an analyst covering the Asian automotive industry that has grown into both a global intellectual property center in Japan and Korea, and the largest end-market in China. H
NE

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07:12 EDT Noble Corp. divesting four jackups in Saudi Arabia - Noble Corporation subsidiaries have reached a definitive agreement to sell four jackups to ADES International Holding through its subsidiary for $292M. The company expects to generate approximately $285M in cash from the transaction net of fees, expenses, and the settlement of working capital. The Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine will be sold and the current drilling contracts novated to ADES. Closing is expected before the end of October and is subject to the satisfaction of closing conditions. The company updated 2021 guidance, and preliminary 2022 guidance, pro forma for the divestiture,
DG

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07:12 EDT Dollar General reports total merchandise inventories, at cost $5.3B at July 30 - As of July 30, total merchandise inventories, at cost, were $5.3B compared to $4.4B as of July 31, an increase of 13.7% on a per-store basis. This increase compares to a 5.9% decrease in merchandise inventories, at cost, on a per-store basis in the second quarter of 2020.
BCRX AMGN

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07:12 EDT BioCryst appoints Steven Galson to board of directors - BioCryst Pharmaceuticals (BCRX) announced that the company has appointed former director of the U.S. Food and Drug Administration Center for Drug Evaluation and Research, and former acting surgeon general, Steven Galson, M.D., MPH to its board of directors. Most recently, Dr. Galson served as the senior vice president, research and development at Amgen (AMGN).
IRWD

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07:11 EDT FDA approves Ironwood's revised label for Linzess - Ironwood Pharmaceuticals, announced that the U.S. Food and Drug Administration, FDA, approved a revised label for LINZESS based on clinical safety data that has been generated thus far in pediatric studies. The updated label modifies the boxed warning for risk of serious dehydration and contraindication against use in children to those less than two years of age. The boxed warning and contraindication previously applied to all children less than 18 years of age and less than 6 years of age, respectively. The safety and effectiveness of LINZESS in patients less than 18 years of age have not been established. LINZESS is indicated in adults for the treatment of irritable bowel syndrome with constipation and chronic idiopathic constipation. "The warning on the LINZESS label at launch was primarily applied due to preclinical findings, and there was an absence of any clinical data in pediatric populations at the time," said Michael Shetzline, M.D., Ph. D, chief medical officer, senior vice president and head of drug development at Ironwood. "Since approval, we have worked diligently on generating clinical data to better characterize the safety profile for pediatric populations. This label update reflects a significant milestone, and we look forward to continuing to investigate the safety and efficacy of LINZESS for children." The LINZESS prescribing information continues to include a boxed warning for children less than 2 years of age and a contraindication against use in this population. Further clinical data are also required to establish the safety and efficacy of LINZESS in the pediatric population . Diarrhea, including severe diarrhea, is a potentially serious side effect of LINZESS.
KXIN

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07:10 EDT Kaixin Auto signs binding term sheet to acquire EV manufacturer - Kaixin Auto announced that the company has reached a binding term sheet to acquire 100% equity of Henan Yujie Times Automobile through new share issuance. The contemplated deal would be the first major M&A transaction following the establishment of Kaixin's New Energy Vehicle Unit. It marks Kaixin's official entry into China's small size EV market. "The signing of term sheet represents a major breakthrough for Kaixin to enter the EV field, and constitutes a step toward the vision of establishing its own EV eco-system and becoming a leading Chinese EV manufacturer. The Company will negotiate further details of an acquisition agreement with Yujie consistent with the term sheet, and make timely disclosure of progress," the company said.
PTMN

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07:10 EDT Portman Ridge Finance completes 1-for-10 reverse stock split - Portman Ridge Finance Corporation reported that its previously announced 1-for-10 reverse stock split became effective today, Thursday, August 26, 2021, and its common stock will begin trading on a split-adjusted basis on the Nasdaq Stock Market at market open. As a result of the reverse stock split, the number of issued and outstanding shares of the Company's common stock will be reduced on a 10:1 basis, such that each shareholder will receive one share for every ten shares owned. Trading in the common stock will continue on the Nasdaq Stock Market under the symbol "PTMN" under a new CUSIP number 73688F201. The reverse stock split was approved by Portman Ridge's shareholders at its annual stockholders' meeting held on June 7, 2021, and on August 4, 2021, a reverse stock split ratio of 1-for-10 shares was approved by the Company's Board of Directors. In connection with the reverse stock split, the Company's certificate of incorporation was amended to reduce the authorized number of shares of the Company's common stock from 100 million shares to 20 million shares. Additional information regarding the reverse stock split can be found in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 23, 2021.
EGLX

Hot Stocks

07:09 EDT Enthusiast Gaming reports high of Unique Visitor traffic in the U.S. in July - Enthusiast Gaming Holdings is pleased to announce that Unique Visitor traffic in the U.S. to its digital media property has reached a 2021 high in July, based on recent data from Comscore, a leading third party media measurement and analytics company. Enthusiast Gaming's Unique Visitors in the U.S. grew to 45.3 million in July, an increase of 9% over June. That made July the highest month for U.S. Unique Visitor traffic thus far in 2021. The metric does not include additional under 18 mobile video traffic to the Company's property, or viewership in the Company's esports and entertainment division, including viewership of Luminosity Gaming.
LABP

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07:08 EDT Landos Biopharma announces research collaboration into NLRX1 pathway in MS - Landos Biopharma announced that it has entered into a research collaboration with Peter Calabresi, M.D., Director of the Multiple Sclerosis Center and Professor of Neurology at Johns Hopkins University School of Medicine. This research funded by the National Institutes of Health will focus on further validating the NLRX1 immunometabolic pathway in Multiple Sclerosis, or MS. Landos' candidate LABP-66 is designed to target the NLRX1 pathway in the CNS and in turn, promote beneficial effects in CD4+ T cells, microglia and neurons. "LABP-66 has the potential to become an improved treatment option for patients with MS and Alzheimer's Disease," the company said.
CI

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07:08 EDT Cigna expands, enhances ACA marketplace plans - Cigna is expanding its offerings to customers who access health coverage through the Affordable Care Act marketplace. During the upcoming Open Enrollment Period, Cigna plans will be available to Marketplace customers in three new states - Georgia, Mississippi and Pennsylvania - as well as in additional counties in Arizona, Florida and Virginia. With this expansion, pending final regulatory approvals, Cigna will offer individual and family plans on the individual exchanges in 313 counties spanning 13 states including Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Mississippi, Missouri, North Carolina, Pennsylvania, Tennessee, Utah and Virginia. These new markets have the potential to reach approximately 1.5M additional customers.
VRTX

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07:08 EDT Vertex results for CF treatment Trikafta published in NEJM - Vertex Pharmaceuticals announced publication in The New England Journal of Medicine NEJM of results from a Phase 3 study of TRIKAFTA, elexacaftor/tezacaftor/ivacaftor and ivacaftor, n people with cystic fibrosis CF ages 12 years and older who have one copy of the F508del mutation and one gating or residual function mutation in the cystic fibrosis transmembrane conductance regulator gene. The manuscript includes data on primary and key secondary endpoints, which were previously reported and showed statistically significant and clinically meaningful improvements in lung function and sweat chloride, when compared to active control either ivacaftor or tezacaftor/ivacaftor, , as well as more detailed efficacy and safety data, including subgroup efficacy analyses. "This study is the third of three Phase 3 clinical trials in the TRIKAFTA program in the 12 years and older age group. Consistent with the prior outcomes, these results show clinically meaningful improvements in pulmonary function, sweat chloride and Cystic Fibrosis Questionnaire-Revised respiratory domain scores," said Carmen Bozic, M.D., Executive Vice President and Chief Medical Officer, Vertex. "These results are especially notable given that all patients were treated with a CFTR modulator prior to initiating TRIKAFTA."
BYSI

Hot Stocks

07:07 EDT BeyondSpring enters commercialization agreement with Hengrui for plinabulin - BeyondSpring and Jiangsu Hengrui Pharmaceuticals announced an exclusive commercialization and co-development agreement in Greater China for BeyondSpring's investigational drug candidate plinabulin, a first-in-class, selective immunomodulating microtubule-binding agent. Plinabulin in combination with G-CSF is currently under NDA Priority Review by the U.S. Food and Drug Administration and the China National Medical Products Administration for the prevention of chemotherapy-induced neutropenia. BeyondSpring recently announced positive topline Phase 3 results from its DUBLIN-3 study of plinabulin in combination with docetaxel for the treatment of 2nd and 3rd line, EGFR wild-type non-small cell lung cancer. BeyondSpring will still retain 100% of the global plinabulin rights outside of Greater China. Under the terms of the agreement, Wanchunbulin will grant Hengrui exclusive rights to commercialize and co-develop plinabulin in the Greater China markets, including mainland China, Hong Kong, Macau and Taiwan. Wanchunbulin will retain the manufacturing rights of plinabulin in the Territory and will book all plinabulin revenue in the Territory. Hengrui will receive a pre-determined percentage of the net sales in each quarter. Wanchunbulin will receive the equivalent of up to 1.3B RMB, including an upfront payment of 200M RMB and regulatory and sales milestones of up to 1.1 B RMB. Hengrui will be responsible for all costs associated with commercialization of plinabulin in the Territory. Pursuant to the terms, Wanchunbulin will be responsible for 100% of the clinical and regulatory costs for the first two indications for plinabulin: prevention of CIN and 2nd/3rd line treatment of NSCLC. Hengrui will fund 50% of the clinical development costs for additional indications for plinabulin in the Territory, with a Joint Steering Committee overseeing the clinical strategy and priorities. With deep understanding of plinabulin and its potential, Wanchunbulin will lead the protocol design and development for additional indications. In connection with the signing of the collaboration, Hengrui will make an equity investment at 100M RMB into the Wanchunbulin subsidiary at a pre-money valuation of 3.6B RMB.
DG

Hot Stocks

07:06 EDT Dollar General CEO feels 'very good' about underlying strength of the business - "We are pleased with our second quarter results, and remain grateful to our associates for their dedication to fulfilling our mission of Serving Others," said Todd Vasos, Dollar General's CEO. "Despite what remains a challenging operating environment, including additional uncertainties brought on by the Delta variant and pressures on the global supply chain, our team has continued to successfully adapt and deliver for our customers. During the quarter, we made significant progress on many key initiatives, including the completion of our initial rollout of DG Fresh and the opening of our first pOpshelf store-within-a-store concept. In addition, we executed more than 750 real estate projects, including new store openings in our pOpshelf concept and larger footprint Dollar General formats. We remain focused on delivering value and convenience for our customers, while driving long-term sustainable growth and value for our shareholders. We feel very good about the underlying strength of the business, and we are excited about our plans for the second half of fiscal 2021."
SLHG

Hot Stocks

07:06 EDT Skylight Health appoints Mohammad Bataineh as President - Skylight Health Group announced the appointment of Mohammad Bataineh as the company's new President. Bataineh will be responsible for management and execution of all internal functions including coordination with clinical, financial, and technology teams. Co-Founder Kash Qureshi will shift focus to Corporate Affairs, including Corporate Development, and will retain executive leadership while overseeing the Technology and Data Analytics teams. Qureshi remains an Executive Member of the Board of Directors. The company has also removed the Chief Operations Role and will see Paul Kulas depart as part of this change. Operations, along with support functions, will now report directly into the President, and will work in close collaboration with Clinical, Finance and Technology teams.
SJM

Hot Stocks

07:05 EDT J.M. Smucker CEO sees higher raw material, logistics cost increases near term - "Our first quarter results reflected organic net sales growth, while lapping double-digit growth in the prior year, and continued to demonstrate consumers' desire for our brands, while earnings were in line with our expectations," said Mark Smucker, President and CEO. "The progress we have made against our strategy and executional priorities has made us a stronger company, positioning our iconic brands for continued growth in market share. Our industry continues to navigate a period of significant supply chain volatility, disruption, and cost inflation. In the near term, we expect to experience higher raw material and logistics cost increases. However, we are optimistic in managing these challenges and remain confident in the momentum of our business, the talent and commitment of our people, and our strengthened financial position to deliver balanced top- and bottom-line growth and long-term shareholder value."
RNLX

Hot Stocks

07:05 EDT Renalytix AI announces publication of results from budget impact analysis - Renalytix announced the publication of results from an external chronic kidney disease budget impact analysis projecting 5-year savings of $1.1 billion for a population of 100,000 patients with type 2 diabetes and chronic kidney disease tested with the Renalytix KidneyIntelX testing solution. Savings were driven by more effective pharmacy management and appropriate specialist referral compared to current standard of care for patients at high risk for disease progression and kidney failure.The detailed clinical and cost analysis concluded that health systems and insurance plans would realize these significant cost savings based on slowed disease progression, delayed, or prevented dialysis and transplants, and reduced dialysis crashes. Given the costs associated with current standard of care, the addition of an actionable bioprognostic approach to predict kidney function decline in T2DKD patients, stages 1-3b resulted in a projected 5-year savings of $1.1 billion associated with KidneyIntelX. Budget impact analysis is a key element in securing payer coverage in the U.S. market. BIA is an economic assessment that estimates the financial consequences of adopting a new, high value intervention like KidneyIntelX. The analysis takes a payer's perspective to evaluate whether a new intervention is affordable. It uses a short-term time horizon, up to 5 years. The model analyzes the direct costs of specific resources needed to implement KidneyIntelX informed care in the PCP office with savings associated with changes in care delivery. That result is multiplied by the number of people affected by the intervention. The results of the analysis provide an understanding of the total budget required to provide the intervention. The size of the population is explicitly considered for this analysis. The focus of a BIA is the direct costs of specific resources needed to put the intervention into effect, such as testing, pharmacy management, and specialist care. Consistent with best practices, sensitivity analyses were conducted to evaluate the impact of core assumptions related to physician compliance and disease progression. Renalytix will further expand its health economic and utility evidence through separate cost-effectiveness analyses evaluating whether intervention with KidneyIntelX testing provides value, defined as cost relative to health outcome, relative to current standard of care. These analyses will be completed in conjunction with three large real-world evidence studies with Mount Sinai Health System, Wake Forest/Atrium Health and University of Utah Health. The budget impact model was developed in collaboration with Boston Healthcare Associates, an external firm, in accordance with the International Society for Pharmacoeconomics and Outcomes Research good practices. BHA researchers evaluated the budget impact of management using KidneyIntelX as compared with standard of care over a 5-year horizon in patients with diabetic kidney disease. Results are detailed in, "Payer Budget Impact of an Artificial Intelligence In Vitro Diagnostic to Modify Diabetic Kidney Disease Progression," published in the Journal of Medical Economics.
SJM

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07:03 EDT J.M. Smucker cuts FY22 free cash flow view to $800M from $900M - Maintains FY22 CapEx view $380M; adjusted effective income tax rate 24%.
RIDE IEP

Hot Stocks

07:03 EDT Lordstown Motors appoints Daniel Ninivaggi as Chief Executive Officer - Lordstown Motors (RIDE) announced that its board of directors has appointed Daniel Ninivaggi as CEO and as a member of the Board, effective immediately. Ninivaggi is the former CEO of Icahn Enterprises (IEP).
DG

Hot Stocks

06:59 EDT Dollar General raises FY21 share repurchase view to $2.4B from $2.2B - Sees FY21 capital expenditures, including those related to investments in the company's strategic initiatives, in the range of $1.1B-$1.2B, compared to its previous expected range of $1.05B-$1.15B.
NRXP CAH

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06:53 EDT NRx Pharmaceuticals signs agreement with Cardinal Health on Zyesami distribution - NRx Pharmaceuticals (NRXP) announced it has signed an agreement with Cardinal Health (CAH) to provide third party logistics and distribution of Zyesami upon the potential Emergency Use Authorization, or EUA, approval by the FDA. In May, NRx submitted an application for EUA to the FDA for Zyesami for patients suffering from Critical COVID-19 with respiratory failure. Cardinal Health Specialty Pharmaceutical Distribution will serve as the exclusive distributor for Zyesami, providing broad access to hospitals for this needed medicine upon FDA authorization. With one of the largest healthcare supply chains, Cardinal Health services more than 90% of hospitals in the U.S., and has more than 20 years of experience supporting rapid delivery of lifesaving medicines. Additionally, Cardinal Health's Third-Party Logistics Services will support the warehousing and distribution, full order to cash, and necessary title model services.
STC

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06:51 EDT Stewart announces intent to acquire Informative Research for $192M - Stewart Information Services announced the signing of an agreement to acquire Informative Research, a provider of credit, consumer, and real estate data and technology services. IR serves more than 3,000 customers across the United States and offers a wide range of mission critical solutions through its proprietary platform to streamline the loan cycle. The purchase price is $192M and will be funded with available company resources. The transaction is expected to close following the appropriate regulatory review and will be immediately accretive to Stewart's earnings. IR will continue operating as a standalone company.
MRK

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06:49 EDT Merck's KEYTRUDA receives two new approvals in Japan - Merck announced that KEYTRUDA, Merck's anti-PD-1 therapy, has received two new approvals from the Japan Pharmaceuticals and Medical Devices Agency. KEYTRUDA is approved for the treatment of patients with PD-L1-positive, hormone receptor-negative and human epidermal growth factor receptor 2-negative, inoperable or recurrent breast cancer, based on the results of the Phase 3 KEYNOTE-355 trial. Additionally, KEYTRUDA as a monotherapy is approved for the treatment of patients with unresectable, advanced or recurrent high microsatellite instability colorectal cancer, based on results of the Phase 3 KEYNOTE-177 trial. With these approvals, KEYTRUDA has 15 authorized uses in Japan, including indications in nine tumor types as well as MSI-H tumors.
BURL

Hot Stocks

06:48 EDT Burlington Stores raises FY21 CapEx to $510M from $470M - Still expects to open 100 new stores, while relocating or closing 25 stores, for a total of 75 net new stores in FY21; depreciation & amortization, exclusive of favorable lease costs, is now expected to be approximately $255M; Interest expense is now expected to be approximately $70M; and effective tax rate is now expected to be approximately 22% to 23%.
PFE BNTX

Hot Stocks

06:48 EDT Pfizer, BioNTech partner with Eurofarma to manufacture COVID-19 vaccine doses - Pfizer (PFE) and BioNTech SE (BNTX) announced the signing of a letter of intent with Eurofarma Laboratorios SA, a Brazilian biopharmaceutical company, to manufacture COMIRNATY for distribution within Latin America. Eurofarma will perform manufacturing activities within Pfizer's and BioNTech's global COVID-19 vaccine supply chain and manufacturing network, which will now span four continents and include more than 20 manufacturing facilities. To facilitate Eurofarma's involvement in the process, technical transfer, on-site development, and equipment installation activities will begin immediately. Per the agreement, Eurofarma will obtain drug product from facilities in the U.S., and manufacturing of finished doses will commence in 2022. At full operational capacity, the annual production is expected to exceed 100 million finished doses annually. All doses will exclusively be distributed within Latin America.
LULU

Hot Stocks

06:44 EDT Lululemon to raise minimum base pay for majority of store, GEC workers - lululemon athletica announced a comprehensive overview of the company's approach to pay and benefits. Effective September 27, lululemon will raise the minimum base pay for the majority of its store and Guest Education Centre employees in North America. As part of the additional investments, people who are currently employed, and individuals who are hired from this point forward, will receive a new minimum of $15 or $17 per hour depending on their role and the market. In addition, employees continue to be eligible for lululemon's team-based bonus program, with the possibility to earn up to an additional $3 an hour on average, and up to $6 an hour, for store-based goals and results achieved. As lululemon continues to grow and prepares for the holiday season, the Company will be hiring more than 8,000 team members in North America across its stores and GEC. These roles will include full and part-time Educator and Key Leader positions.
LULU

Hot Stocks

06:40 EDT Lululemon to raise minimum base pay for majority of store, CEC workers - lululemon athletica announced a comprehensive overview of the company's approach to pay and benefits. Effective September 27, lululemon will raise the minimum base pay for the majority of its store and Guest Education Centre employees in North America. As part of the additional investments, people who are currently employed, and individuals who are hired from this point forward, will receive a new minimum of $15 or $17 per hour depending on their role and the market. In addition, employees continue to be eligible for lululemon's team-based bonus program, with the possibility to earn up to an additional $3 an hour on average, and up to $6 an hour, for store-based goals and results achieved. As lululemon continues to grow and prepares for the holiday season, the Company will be hiring more than 8,000 team members in North America across its stores and GEC. These roles will include full and part-time Educator and Key Leader positions.
HEXO

Hot Stocks

06:40 EDT Hexo appoints Guillaume Jouet as Chief People & Culture Officer - Hexo has appointed Guillaume Jouet as Chief People & Culture Officer, effective September 8. Jouet's diverse experience includes manufacturing, consumer packaged goods, agriculture, food products, infrastructure, mining and natural resources with roles at Bel and Italcementi Group. Most recently, he has worked as a consultant, advising companies on innovation, sustainability, organization and leadership matters.
LULU

Hot Stocks

06:39 EDT Lululemon to raise minimum base pay for majority of store, CEC workers - lululemon athletica announced a comprehensive overview of the company's approach to pay and benefits. Effective September 27, lululemon will raise the minimum base pay for the majority of its store and Guest Education Centre employees in North America. As part of the additional investments, people who are currently employed, and individuals who are hired from this point forward, will receive a new minimum of $15 or $17 per hour depending on their role and the market. In addition, employees continue to be eligible for lululemon's team-based bonus program, with the possibility to earn up to an additional $3 an hour on average, and up to $6 an hour, for store-based goals and results achieved. As lululemon continues to grow and prepares for the holiday season, the Company will be hiring more than 8,000 team members in North America across its stores and GEC. These roles will include full and part-time Educator and Key Leader positions.
RIG

Hot Stocks

06:38 EDT Transocean awarded $252M contract for ultra-deepwater drillship - Transocean announced that BOE Exploration & Production awarded Transocean a $252M firm contract for its newbuild ultra-deepwater drillship, the Deepwater Atlas, including a mobilization fee of $30M. Additionally, the contract provides for a performance bonus opportunity based upon agreed operating metrics. This award results from the final investment decision of BOE and the Shenandoah working interest owners to sanction the previously announced Shenandoah project in the U.S. Gulf of Mexico.
COTY

Hot Stocks

06:38 EDT Coty confirms pursuit of partial IPO of Brazil business - In order to support the growth of the Brazil business and Coty's personal care brands, Coty confirms that it is pursuing a partial IPO of its Brazil business. Earlier today, Coty completed its first filing at CVM - the Securities Commission which regulates capital markets - in Brazil to commence this partial IPO process. If the offering is successful, this will also help advance Coty's deleveraging agenda. Coty intends to remain a controlling shareholder of the Brazil affiliate. Due to local Brazilian regulations, following its first filing Coty cannot offer further details at this time but will provide updates in due course.
NSA

Hot Stocks

06:36 EDT National Storage increases quarterly common dividend 7.9% to 41c per share - National Storage declared a dividend of 41c per common share payable on September 30 to shareholders of record on September 15. The new rate represents a 7.9% increase from the previous quarter and a 20.6% increase from 3Q20.
HMLP

Hot Stocks

06:33 EDT Hoegh LNG Partners reports Q2 EPS (4c), two estimates 38c - Reports Q2 revenue $34.7M, two estimates $35.23M. Sveinung Stohle, CEO stated: "Hoegh LNG Partners' fleet of modern, full-size FSRUs once again achieved 100% operational availability during the second quarter of 2021, generating a stable operating income in spite of the continuing challenges related to the COVID-19 pandemic. While maintaining this level of operational excellence across our fleet, we are highly focused on our pending arbitration and securing a near-term solution for the refinancing of the PGN FSRU Lampung. As always, the Partnership is truly grateful for the extraordinary effort and professionalism displayed by its seafarers during these challenging times."
RDHL

Hot Stocks

06:29 EDT RedHill Biopharma reports opaganib shows inhibition of COVID-19 Delta variant - RedHill Biopharma announced preliminary results of a new preclinical study showing strong inhibition by opaganib of Delta variant replication while maintaining cell viability at relevant concentrations. Working with the University of Louisville Center for Predictive Medicine, opaganib was studied in a 3D tissue model of human bronchial epithelial cells to evaluate the in vitro efficacy of opaganib in inhibiting the Delta variant. This work adds to the previously reported work that showed opaganib also inhibits Alpha, Beta and Gamma SARS-CoV-2 variants. Opaganib, a novel small molecule investigational oral pill in development for the treatment of COVID-19, is a unique host targeted, dual antiviral and anti-inflammatory drug that acts on the cause and effect of COVID-19. It is believed to exert its antiviral effect by selectively inhibiting sphingosine kinase-2, a key enzyme produced in human cells that may be recruited by the virus to support its replication. Opaganib's global 475-patient Phase 2/3 study in hospitalized patients with COVID-19 has completed its treatment and follow up phase, and study top-line results are upcoming. Evaluations of blinded blended intubation and mortality rates from the Phase 2/3 study have been encouraging compared to reported rates of mortality from large platform studies such as RECOVERY, and other studies in similar patient populations. Furthermore, the opaganib Phase 2/3 study has also passed four Data Safety Monitoring Board reviews, including a futility review, and extends the total opaganib safety database to more than 460 patients. Opaganib previously delivered positive U.S. Phase 2 data in patients with severe COVID-19, presented in June at the World Microbe Forum. Additionally, use of opaganib under compassionate use exemption has been experienced in Israel and Switzerland.
GBX

Hot Stocks

06:15 EDT Greenbrier announces orders totaling 5,500 units worth $530M - Greenbrier announced new orders totaling 5,500 units valued at more than $530M received thus far during its fourth fiscal quarter that began on June 1. This increases Greenbrier's backlog and provides further visibility entering fiscal 2022. Orders announced are from a mix of customers and comprise a broad range of railcar types, including intermodal, boxcars, tanks, covered hoppers and gondolas.
AZN

Hot Stocks

06:13 EDT AstraZeneca's ALXN1840 shows greater copper mobilisation from tissues over SoC - The company states: "Positive high-level results from the FoCus Phase III trial in Wilson disease showed ALXN1840 met the primary endpoint with a statistically significant improvement in daily mean copper mobilisation from tissues, demonstrating superiority compared with standard-of-care, or SoC, treatments. The primary endpoint gauged the daily mean Area Under the Effect Curve for directly measured non-ceruloplasmin-bound copper over 48 weeks. This novel measure assesses the daily mean copper mobilised from tissues, reflecting the underlying burden of the copper accumulation. Wilson disease is a rare and progressive genetic condition in which the body's pathway for removing excess copper is compromised. Damage from toxic copper build-up in tissues and organs leads to liver disease, psychiatric and/or neurological symptoms. ALXN1840, a potential new once-daily, oral medicine, demonstrated approximately three times greater copper mobilisation than SoC. The trial enrolled 214 patients, including treatment-naive participants and those who have been on SoC therapy for an average of ten or more years. Additional analyses, including individual patient-reported outcomes and clinician-reported functional assessments, are ongoing and will be presented at an upcoming medical meeting. ALXN1840 was generally well-tolerated with most reported adverse events considered mild to moderate, and no neurological worsening upon initiation of treatment was observed. In the ALXN1840 treatment group, the most frequently reported adverse event was a reversible increase in transaminase levels." Note that AstraZeneca had completed acquisition of Alexion on July 21st. Reference Link
BVS

Hot Stocks

06:09 EDT Bioventus invests in Trice Medical - Trice Medical announced that it received a strategic investment from Bioventus. Bioventus will receive exclusive sales and distribution rights to Trice's products outside of the U.S. Bioventus and Trice have also agreed to enter into a co-development arrangement to explore the integration of Trice technologies with certain Bioventus offerings in order to accelerate adoption of both companies' products.
AZN

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06:09 EDT AstraZeneca's Forxiga approved in Japan for CKD treatment - The company states: "AstraZeneca's Forxiga, a sodium-glucose cotransporter 2 inhibitor, has been approved in Japan for the treatment of chronic kidney disease, or CKD, in adults with and without type-2 diabetes. The approval by Japan's Ministry of Health, Labour and Welfare is based on positive results from the DAPA-CKD Phase III trial.1 The decision follows the Priority Review designation granted by the MHLW earlier this year. CKD is a serious, progressive condition defined by decreased kidney function and is often associated with an increased risk of heart disease or stroke. The condition affects 840 million people worldwide.5 However, diagnosis rates remain low and up to 90% of patients are unaware they have the disease.4 Forxiga is the first ever approved medicine for the treatment of the disease in Japan. The DAPA-CKD Phase III trial demonstrated that Forxiga, on top of standard-of-care treatment with an angiotensin-converting enzyme inhibitor or an angiotensin receptor blocker, reduced the relative risk of worsening of renal function, onset of end-stage kidney disease, or risk of cardiovascular or renal death by 39%, the primary composite endpoint, compared to placebo in patients with CKD Stages 2-4 and elevated urinary albumin excretion. Forxiga also significantly reduced the relative risk of death from any cause by 31% compared to placebo. The safety and tolerability of Forxiga were consistent with the well-established safety profile of the medicine."
DCRN

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06:07 EDT Decarbonization Plus Acquisition Corp. II partner Tritium adds EV supplier - Tritium, a global developer and manufacturer of direct current fast chargers for electric vehicles, announced a strategic partnership with Solcon Industries, a power electronics company developing and manufacturing industrial electronic systems. With the partnership, Solcon Industries becomes an official channel partner and service provider of Tritium's range of charging technology for EV charging infrastructure in Israel and Palestine. The partnership comes on the heels of a July 24 Israeli Ministry of Foreign Affairs announcement of the country's plans to reach zero carbon emissions by 2050, calling for a 96% reduction in greenhouse gas emissions in transportation and an 85% reduction in the electricity sector. Tritium designs its products in Australia. Tritium has previously entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions and is expected to occur in Q4.
PLXP

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06:03 EDT PLx Pharma announces launch of VAZALORE - PLx Pharma announced that VAZALORE is now on shelves at major retailers and e-commerce sites nationwide. A national television campaign will also kick-off on August 26 and feature spots on high-visibility sports programming as well as popular cable networks.
INTC SFTBY

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06:01 EDT Intel names Bruce Andrews as Chief Government Affairs Officer - Intel (INTC) announced the appointment of Bruce Andrews as corporate vice president and chief government affairs officer, effective September 7. Andrews will lead Intel's global government affairs group and oversee the company's government affairs and public policy functions and strategies. He will report to Steven Rodgers, Intel's executive vice president and general counsel. Andrews joins Intel from SoftBank Group (SFTBY), where he was senior vice president and managing partner, co-leading global government affairs.
PTNR

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05:54 EDT Partner Communications announces offer to purchase Marathon Xfone operations - Partner Communications announced that it filed a purchase offer to the arrangement manager of Marathon Xfone, to purchase Marathon's business activity. Partner will purchase Marathon's business activity, including liabilities to its customers and excluding rights or debts originating from the network sharing agreement between Marathon and Cellcom Israel , provided that the purchase is free of any debt, liability, current or future claim arising before the purchase date or arising from the purchase itself, as is customary in such proceedings. For the purchase, Partner will pay to the arrangement manager a sum of ILS 187M, subject to the purchase price adjustment mechanism mentioned in the offer, which stipulates that the purchase price will be reduced in certain cases where there is a significant gap between Marathon's presentations and the Purchase that will actually be purchased by Partner. Partner will set a portion of the total purchase price, subject to approval issued by the court, as temporary payments, paid in monthly payments of NIS 3M, for a maximum period of four months. Partner will offer at least 70% of Marathon's employees continued employment, under Marathon's obligations and terms, for a period of at least one year, beginning at the date of the purchase. The Offer is subject to a limited due diligence procedure requiring up to five working days, starting from the day the arrangement manager will provide the needed documents to partner. The offer will expire on September 9. The offer is conditioned on the receipt of all required regulatory approvals, including the approvals of the insolvency court and the creditors' meetings, the Israeli Ministry of Communications and the Competition Commissioner.
MSFT

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05:51 EDT Microsoft to spend $20B over five years to advance security solutions, CEO says - Microsoft CEO Satya Nadella said via Twitter: "Thank you @POTUS for convening a critical conversation on cybersecurity. Microsoft will invest $20 billion to advance our security solutions over the next 5 years, $150 million to help US government agencies upgrade protections, and expand our cybersecurity training partnerships." Reference Link
GOOG GOOGL

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05:42 EDT Alphabet's Wing set to hit 100,000 customer deliveries - Alphabet drone delivery company Wing announced in a blog post on Wednesday that it is set to hit 100,000 customer deliveries over the next few days. "This September will mark our second anniversary in Logan, Australia -- a neighbor of Brisbane with a population of 300,000 -- and it's been an unprecedented time in more ways than one. Between bushfires of 2019, and the more recent COVID-19 lockdowns, Logan residents have ordered and received more than 50,000 deliveries directly to their homes by Wing delivery drones... Globally, Wing is on pace to surpass the 100,000 customer delivery mark in the next few days--on top of hundreds of thousands of test flights--with over 50,000 of those delivered to Logan customers in the last eight months alone. Logan residents ordered almost 4,500 deliveries in the first week of August, meaning that a Logan resident on average received a drone delivery nearly once every 30 seconds during our service hours." Reference Link
CEO

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05:09 EDT Cnooc commences Bozhong 26-3 oilfield expansion project - Cnooc announced that Bozhong 26-3 oilfield expansion project has commenced production. Bozhong 26-3 oilfield expansion project is located in the south of Bohai Sea, with average water depth of about 21 meters. In addition to fully utilizing the existing processing facilities, the project has built a new unmanned wellhead platform and a power platform. A total of eight development wells are planned, including five production wells, two water injection wells and one development and appraisal well. The project is expected to reach its peak production of approximately 2,670 barrels of crude oil per day in 2021. Cnooc Limited holds 100% interest in Bozhong 26-3 oilfield expansion project and acts as the operator.