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

XPOF

Hot Stocks

20:39 EDT Xponential Fitness CFO buys 9,975 shares of common stock - In a regulatory filing, Xponential Fitness disclosed that its CFO John Meloun bought 9,975 shares of common stock on September 10th in a total transaction size of $109.6K.
SUNL

Hot Stocks

19:55 EDT Sunlight Financial CEO buys 85K shares of common stock - In a regulatory filing, Sunlight Financial disclosed that its CEO Matthew Potere bought 85K shares of common stock on September 10th in a total transaction size of $460K. Shares of Sunlight Financial are up 1.5% in after-hours trading at $5.35 per share.
GLD

Hot Stocks

19:05 EDT SPDR Gold Shares holdings rise from 998.17MT to 1,000.21MT - This is the first increase in holdings since July 29th.
WAB

Hot Stocks

19:01 EDT Roy Hill buys Wabtec's FLXdrive battery-electric locomotive - Roy Hill "announced the purchase of Wabtec's FLXdrive battery-electric locomotive, the world's first 100-percent battery, heavy-haul locomotive for the region and the mining industry. Roy Hill will receive the newest version of the FLXdrive battery-electric locomotive in 2023 with an energy capacity of 7 megawatt hours (MWh). It is an upgrade from the 2.4-MWh prototype that was successfully tested in revenue service with a Class 1 railroad in the United States earlier this year. Based on the route and Roy Hill's rail operations, the FLXdrive is anticipated to reduce the company's fuel costs and emissions in percentage by double digits per train. The ongoing use of the FLXdrive will also reduce ongoing operational costs through maintenance spend."
FEYE

Hot Stocks

19:00 EDT FireEye COO buys 25K shares of common stock - In a regulatory filing, FireEye disclosed that its COO John Watters bought 25K shares of common stock on September 10th in a total transaction size of $462K. Shares of FireEye are up 1.6% in after-hours trading at $18.70 per share.
MTRX

Hot Stocks

18:54 EDT Matrix Service CEO says pace of awards begun to accelerate - CEO John Hewitt says: "Fourth quarter revenue in all three segments increased over the third quarter, and the pace of awards has begun to accelerate in the new fiscal year. This acceleration of awards reflects the growing confidence of our customers and improvement in our end-markets. Small- to mid-size project award activity is increasing across all our segments, and we expect to benefit from increased investment across the clean energy markets including renewable fuels, battery storage, and hydrogen, along with pent up demand in our traditional energy and industrial markets. Importantly, we are well positioned to execute on these opportunities due to our strong financial position. In addition, following reductions in overhead achieved over the last 18 months, we have begun a review of our organizational structure, with the support of a third party, to align the organization with the strategic direction of the business and changes in our end markets. We expect this effort will maximize our organizational structure, leading to improved project capture rates and bottom-line results as we move through fiscal 2022."
JNJ

Hot Stocks

18:33 EDT JNJ's Ebola vaccine regimen demonstrates robust, durable immune response - Data from two papers published in The Lancet Infectious Diseases demonstrated that the Johnson & Johnson Ebola vaccine regimen, Zabdeno and Mvabea, generated robust humoral immune responses in adults and children (ages 1-17) with the immune responses persisting in adults for at least two years. The data also showed that booster vaccination with Ad26.ZEBOV, administered to adults two years after the initial vaccination, induced a strong anamnestic response within seven days. These findings support the potential prophylactic use of the vaccine regimen, which was developed by the Janssen Pharmaceutical Companies of Johnson & Johnson in collaboration with Bavarian Nordic A/S, and was granted Marketing Authorisation by the European Commission in July 2020 and Prequalification from the World Health Organization in April 2021. The data is from the Phase 3 EBOVAC-Salone clinical study and showed that the vaccine regimen was well-tolerated and induced antibody responses to the Zaire ebolavirus species 21 days after the second dose in 98 percent of all participants. There were no safety signals of concern.
LMT

Hot Stocks

18:29 EDT Lockheed Martin, Pentagon agree to F-35 sustainment contracts - The F-35 Joint Program Office awarded the Lockheed Martin industry team annualized contracts covering fiscal years 2021-2023 to support operations and sustainment of the global F-35 fleet, supporting mission readiness and further reducing costs. The annual contracts fund critical sustainment activities for aircraft currently in the fleet and build enterprise capacity to support the future fleet of more than 3,000 F-35 aircraft. This includes industry sustainment experts supporting base and depot maintenance, pilot and maintainer training, and sustaining engineering for the U.S. and our allies across the globe. It also covers fleet-wide data analytics and supply chain management for part repair and replenishment to enhance overall supply availability for the fleet. The FY2021-2023 contracts represent a planned next step in further reducing overall operations and support costs for the F-35 program, which are shared between government and industry. Lockheed Martin has reduced our cost per flight hour by 44% in the past five years, with a forecasted reduction of an additional 40% in the next five years. The cost savings in the FY21-23 annualized sustainment contracts support Lockheed Martin's efforts to realize these goals. The savings will be achieved through improved cost and velocity in our supply chain, continued reliability improvements, and greater manpower efficiencies to provide product support solutions across the growing, global fleet. We remain committed to partnering with our customers and teammates to drive F-35 sustainment costs down.
SWCH

Hot Stocks

18:27 EDT Switch director sells 200K shares of common stock - In a regulatory filing, Switch disclosed that its General Counsel Erin Morton sold 200K shares of common stock on September 9th in a total transaction size of $5.23M, reducing his stake by about 5%.
GOLD

Hot Stocks

18:23 EDT Barrick Gold CEO: We have huge opportunities in Nevada - In an interview on CNBC's Mad Money, Mark Bristow said Barrick is returning capital to shareholders and investing in the future. The company has moved from massive debt to no debt, net cash, he noted. "This is a long term game, a stable insurance policy to investors," he said. Gold takes the risk out of any investment long term, he added.
TDY

Hot Stocks

18:14 EDT Teledyne EVP VanWees buys 1,500 common shares - In a regulatory filing, Teledyne executive VP Jason VanWees disclosed the purchase of 1,500 common shares of the company on September 13 at a price of $425.9969 per share.
MSFT

Hot Stocks

18:13 EDT Microsoft EVP Hogan sells 20,000 common shares - In a regulatory filing, Microsoft EVP of Human Resources Kathleen Hogan disclosed the sale of 20,000 common shares of the company on September 10 at a price of $298.677 per share.
RLMD

Hot Stocks

18:00 EDT Relmada gets FDA orphan drug designation for dextromethadone hydrochloride - Relmada Therapeutics' dextromethadone hydrochloride received an FDA orphan drug designation in the treatment of amyotrophic lateral sclerosis, according to a post on FDA website. Reference Link
QTRX

Hot Stocks

17:43 EDT Quanterix gets label expansion on EUA for Simoa COVID antigen test - Quanterix announced that the FDA has expanded the Emergency Use Authorization label for its Simoa SARS-CoV-2 N Protein Antigen Test to include testing with nasal swab and saliva samples, and for asymptomatic serial testing with nasal swab samples. The expanded label establishes this test as the first antigen test authorized for use with saliva samples. The test is validated to detect all Variants of Concern currently designated by the Centers for Disease Control and is the first non-NGS test validated and independently confirmed to detect the highly transmissible Delta variant in sequence-confirmed clinical samples. The test can be run on Quanterix' Simoa HD-X Analyze, a fully automated high-throughput immunoassay instrument.
LMT

Hot Stocks

17:43 EDT Lockheed Martin awarded $411.81M Navy contract - Lockheed Martin was awarded a not-to-exceed $411.81M firm-fixed-price, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity undefinitized contract. This contract procures initial spares to include global spares packages, base spares packages, deployment spares packages, and afloat spares packages in support of F-35 Lightning II Joint Strike Fighter air vehicle delivery schedules for the Navy Marine Corps, Air Force, non-U.S. Department of Defense participants, and Foreign Military Sales customers. Work will be performed in Fort Worth, Texas, and is expected to be completed in September 2026. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was not competitively procured pursuant to 10 U.S. Code 2304. The Naval Air Systems Command is the contracting activity.
LMT

Hot Stocks

17:37 EDT Lockheed Martin awarded $2.01B Navy contract - Lockheed Martin was awarded a $2.01B cost-plus-fixed-fee, cost-plus-incentive-fee, fixed-price-incentive-fee contract definitization. This contract provides logistics support, to include ground maintenance activities, action request resolution, depot activities, automatic logistics information system operations and maintenance, reliability and maintainability, supply chain management, pilot training, maintainer training, and training system sustainment in support of delivered F-35 Lightning II Joint Strike Fighter air systems for the Navy, Marine Corps, Air Force, Foreign Military Sales, or FMS, customers and non-U.S. Department of Defense, or DOD, participants. Work is expected to be completed in December. FY21 operation and maintenance funds in the amount of $822.01M; FY21 operation and maintenance funds in the amount of $382.22M; FY21 operation and maintenance funds in the amount of $176.73M; FY21 aircraft procurement funds in the amount of $2.29M; FY21 aircraft procurement funds in the amount of $1.21M; FMS funds in the amount of $217.26M and non-U.S. DOD participant funds in the amount of $412.35M will be obligated at time of award, $1.38B of which will expire at the end of the current fiscal year. This contract was not competitively procured pursuant to Defense Federal Acquisition Regulation 6.302-1. The Naval Air Systems Command is the contracting activity.
HLF

Hot Stocks

17:35 EDT Herbalife Nutrition falls over 8% to $49.81 per share after cutting guidance
MDT AXNX

Hot Stocks

17:33 EDT U.S. Patent and Trademark Office rejects Axonics' challenge to Medtronic patents - Medtronic plc (MDT), announced it has won three additional important victories in a dispute over its intellectual property,IP, for its sacral neuromodulation device family, the InterStim( systems. The Patent Trial and Appeal Board, PTAB, of the U.S. Patent and Trademark Office rejected Axonics' (AXNX) attempt to invalidate three Medtronic patents in its IP infringement lawsuit. Significantly, this victory is in addition to the PTAB's affirmation of Medtronic's U.S. Patent No. 9,463,324 in September 2020, which protects key technology related to implant recharging and temperature control. As soon as the PTAB completes its review of the remaining three challenged patents , due within days, the company will return its attention to the infringement lawsuit against Axonics and request that the U.S. District Court in the Central District of California lift the stay and resume proceedings. "Medtronic is pleased with the PTAB's decisions today," said Brett Wall, executive vice president and president of the Neuroscience Portfolio at Medtronic. "We believe competition drives innovation and is good for the industry and for patients. We also believe that protecting our proprietary technology and intellectual property is vital to our business." The PTAB's latest decisions uphold all the claims in Medtronic's U.S. Patent Nos. 8,036,756 and 8,626,314, which protects technology related to its tined leads; and upholds claim 7 in Medtronic's U.S. Patent No. 7,774,069 , which protects technology related to its recharge power control. The PTAB's decision on the '069 patent also found claims 5, 6, 8 and 9 invalid, while claims 1-4 and 10-13 were not challenged by Axonics.
FMC

Hot Stocks

17:28 EDT Court rules in FMC Corp's favor in patent infringement case against Rainbow - FMC Corporation announced that Qingdao Intermediate Court in China has ruled in its favor in the chlorantraniliprole patent infringement suit against Shandong Weifang Rainbow Chemical Co. Ltd. The Court found Rainbow infringed on FMC's composition of matter patent for the insecticidal active ingredient chlorantraniliprole and a key intermediate to manufacture chlorantraniliprole. The judgement includes a permanent injunction ordering Rainbow to immediately stop manufacturing, selling, offering to sell and using chlorantraniliprole, upon the effective date of the judgement. The court also ordered the China-based crop protection manufacturer to compensate FMC for related damages. Rainbow's infringement had enabled it to unfairly compete in the crop protection market and benefit from FMC's significant investments in this important product. "We are pleased with the decision of the Court," said Michael Reilly, FMC executive vice president, general counsel and secretary. "This decision strengthens FMC's confidence in protecting and enforcing its patents in China. This result also reinforces the value of our commitment to bring innovation to growers around the world."
HLF

Hot Stocks

17:27 EDT Herbalife Nutrition cuts FY21 EBITDA view to $860M-$910M from $875M-$935M
AAPL...

Hot Stocks

17:26 EDT Epic CEO says company paid Apple $6M per court order - Epic Games CEO Tim Sweeney said on Twitter that the company has paid Apple (AAPL) $6M as ordered by the court in a recent case over App Store payment methods. Investors in Epic include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony (SONY). Reference Link
REGI

Hot Stocks

17:17 EDT Renewable Energy's renewable diesel plant in Geismar resumes normal operations - Renewable Energy President and CEO, Cynthia Warner, stated: "I am pleased to report that the REG Geismar renewable diesel plant has returned to normal operations following the impact of Hurricane Ida."
QCOM...

Hot Stocks

17:08 EDT Qualcomm slips 5% to under $137 after Veoneer says Magna deal still in effect
VNE...

Hot Stocks

17:06 EDT Veoneer says merger pact with Magna remains in full force and effect
VNE...

Hot Stocks

17:05 EDT Veoneer confirms receipt of $37 per share offer from Qualcomm - Veoneer (VNE) confirmed that it has received an updated non-binding proposal from Qualcomm (QCOM) providing for the acquisition of all of the outstanding shares of Veoneer at a price of $37.00 per share in cash, following Qualcomm's public announcement of a proposal on August 5, 2021. Veoneer is evaluating all of the terms of Qualcomm's proposal in consultation with its financial and legal advisors and will, if appropriate, engage in negotiations with Qualcomm and/or Magna (MGA) to ascertain the best possible outcome for its stockholders.There can be no assurances that Veoneer's discussions with Qualcomm will result in a transaction that the Veoneer board of directors determines is superior to Veoneer's pending transaction with Magna. On July 22, 2021, Veoneer announced that it entered into a definitive merger agreement, approved by Veoneer's board of directors, with Magna International Inc. The merger agreement with Magna remains in full force and effect, and the board of directors of Veoneer has not withdrawn or modified its recommendation that the stockholders of Veoneer vote in favor of the approval of the merger, the merger agreement and the transactions contemplated thereby.
FLWS

Hot Stocks

16:58 EDT 1-800-Flowers.com CFO sells 50K shares of common stock - In a regulatory filing, 1-800-Flowers.com disclosed that its CFO William Shea sold 50K shares of common stock on September 9th in a total transaction size of $1.6M.
JCS

Hot Stocks

16:37 EDT Communications Systems declares $3.50 per share special dividend - Communications Systems announced that its board of directors has declared a special dividend of $3.50 per share payable on October 15, 2021, to CSI shareholders of record at the close of business on September 30, 2021. The aggregate amount of the special dividend is approximately $34.0M, to be funded from the net proceeds of the sale of CSI's Transition Networks and Net2Edge businesses, which comprised substantially all of the assets of the Company's Electronics & Software Segment to Lantronix.
KERN

Hot Stocks

16:36 EDT Akerna to acquire 365 Cannabis in $17M deal - Akerna "announced it has signed an agreement to acquire 365 Cannabis, a cannabis business management software system built on Microsoft's Dynamics 365 Business Central in a $17M deal at 2.1-times last-twelve-months revenue."
LUV

Hot Stocks

16:36 EDT Southwest says President Tom Nealon to retire, Mike Van de Ven to succeed - Southwest Airlines announced the following leadership changes. Tom Nealon has decided to retire from his duties as President effective immediately, but will continue to serve the company as a strategic advisor, focusing primarily on the airline's environmental sustainability and carbon emissions reduction plan. Nealon has held numerous leadership positions during his tenure with the airline, including Executive Vice President Strategy & Innovation from 2016 to 2017, Director on the Southwest Board from 2010 to 2015, and in a consultant capacity as Senior Vice President and Chief Information Officer from 2002 to 2006. Gary Kelly, Southwest's Chairman and CEO, announced on behalf of the Southwest Airlines Board of Directors that COO Mike Van de Ven has been named as the company's President, effective immediately. Van de Ven will take on the additional responsibilities of the Company's Internal Audit, Business Continuity, Emergency Response, and Enterprise Risk Management functions.
FOXA...

Hot Stocks

16:34 EDT Fox Corp. closes deal to acquire TMZ from WarnerMedia - Fox Corp.'s (FOXA) entertainment division announced that it has closed its acquisition of TMZ from AT&T's (T) WarnerMedia. Fox will now own and operate all of TMZ's linear, digital and experiential assets and said it plans to mobilize TMZ across its station group, free, ad-supported streaming outlet Tubi and other platforms, according to Deadline's recounting of the deal closing announcement. While terms were not disclosed by Fox, Deadline's Dade Hayes said the deal is "believed to be worth in the range of $100M-$125M." Reference Link
NSP

Hot Stocks

16:33 EDT Insperity CEO Sarvadi sells 15,000 common shares - In a regulatory filing, Insperity chairman and CEO Paul Sarvadi disclosed the sale of 15,000 common shares of the company on September 9 at a price of $110.03 per share.
NHI

Hot Stocks

16:32 EDT National Health Investors collects 90% of contractual cash due for September - National Health Investors provided a business update regarding its monthly contractual cash collections and average occupancy from its three largest senior housing operators. NHI agreed to defer $1.0 million in rent due for September from Bickford Senior Living. Deferred rents related to Bickford total $3.5 million for the third quarter of 2021 and $13.8 million for 2021. NHI agreed to defer approximately $0.5 million in rent for two other tenants in September which is expected to be repaid with interest. As previously announced, NHI's tenant for the legacy Holiday Retirement portfolio of 18 properties was recently acquired. NHI has yet to receive payment for either August or September rent. NHI continues to hold $8.8 million in Holiday security deposits. In September 2021, NHI sold an acute care hospital in Jackson, KY for $9.0 million in cash consideration which is estimated to result in an impairment charge of approximately $1.5 million. Rental income for this property was approximately $1.8 million for the six months ended June 30, 2021. NHI has collected 80.9% of contractual cash due for September. The remaining balance for the month is comprised of the following: 3.8% in deferrals related to Bickford; 1.8% in deferrals agreed to with two tenants; 8.4% related to the legacy Holiday properties; 4.5% related to amounts expected to be collected; and 0.6% related to lower forecasted revenue from transitioned properties prior to the start of the pandemic. NHI has collected 84.5% of contractual cash due for the third quarter of 2021. The remaining balance is comprised of the following: 4.4% in deferrals related to Bickford; 2.1% in deferrals agreed to with three tenants; 6.7% related to the legacy Holiday properties; 1.7% related to amounts expected to be collected; and 0.6% related to lower forecasted revenue from transitioned properties prior to the start of the pandemic. Please see the Company's Form 10-Q for the quarter ended June 30, 2021, and prior press releases for more information regarding rent concessions.
INCY

Hot Stocks

16:31 EDT Incyte announces Ruxolitinib cream data accepted at EADV - Incyte "announced that multiple abstracts highlighting data for ruxolitinib cream, an investigational topical JAK1/JAK2 inhibitor, in patients with vitiligo and atopic dermatitis will be presented at the upcoming European Academy of Dermatology and Venereology, or EADV, 30th Anniversary Congress, held virtually from September 29-October 2, 2021. The 24-week data from the Phase 3 TRuE-V program evaluating the safety and efficacy of ruxolitinib cream in adolescent and adult patients with vitiligo will be presented as a late-breaking oral presentation. Incyte previously announced that both the TRuE-V1 and TRuE-V2 studies met the primary and key secondary endpoints."
VCTR

Hot Stocks

16:30 EDT Victory Capital reports AUM of $164.9B as of August 31 - Victory Capital Holdings reported assets under management of $164.9B as of August 31, 2021.
ANGI

Hot Stocks

16:29 EDT Angi Inc. reports total revenue for August up 21%
ORCL

Hot Stocks

16:25 EDT Oracle reports short-term deferred revenues were $10B - Operating cash flow was up 17% to $15.3B during the trailing twelve months.
RWT

Hot Stocks

16:25 EDT Redwood Trust raises quarterly dividend by 17% to 21c per share - The dividend is payable on September 30, 2021 to stockholders of record on September 23, 2021.
ORCL

Hot Stocks

16:25 EDT Oracle reports Q1 adjusted operating margin 45%
ORCL

Hot Stocks

16:24 EDT Oracle reports Q1 IaaS plus SaaS cloud revenue totaled $2.5B, or 25% of revenue
PTRA

Hot Stocks

16:23 EDT Proterra CFO Amy Ard to depart, A.J. Cederoth named interim CFO - Proterra announced changes to the executive team. Proterra also announced that CFO Amy Ard will depart the company following a transition period. The company said that Ard's departure is not the result of any disagreement regarding Proterra's financial reporting or accounting. A.J. Cederoth, a public company finance executive with more than 20 years' experience at Navistar International, including serving as CFO, has been appointed interim CFO. Ard will step down from her role as CFO effective September 15, before departing Proterra over the next few months. She will work closely with Cederoth to ensure a transition of responsibilities prior to her official departure from the company. The company has initiated a search, with the support of executive recruiting firm Egon Zehnder, to identify Proterra's next CFO.
REXR

Hot Stocks

16:22 EDT Rexford Industrial acquires four industrial properties for $250.5M - Rexford Industrial Realty announced the acquisition of four industrial properties comprising 837,500 square feet of improvements, for an aggregate purchase price of $250.5M. The acquisitions were funded using cash on hand and proceeds from forward equity settlements.
AB

Hot Stocks

16:21 EDT AllianceBernstein reports preliminary AUM $761B as of August 31 - AllianceBernstein announced that preliminary assets under management increased to $761B during August from $748B at the end of July. Market appreciation and firmwide net inflows drove the 2% increase. In the month of August, net inflows to Retail and Institutions were partially offset by modest net outflows from Private Wealth.
LPLA

Hot Stocks

16:20 EDT LPL Financial hires Cara Dailey as new Chief Data Officer - LPL Financial announced that Cara Dailey has joined the firm as executive vice president, Chief Data Officer, effective Sept. 13. She leads the firm's Data and Analytics team in a newly-created role designed to accelerate LPL's digital strategies and data management. She reports to Rich Steinmeier, LPL managing director and divisional president, Business Development. "Cara brings a depth of experience leading enterprise-wide data management and governance programs and implementation strategies that drive business and digital transformation," Steinmeier said. "Having worked both inside and outside of the financial services industry, she brings new perspectives along with valuable experience to help further shape the firm's digital strategies, data governance and enterprise information management. With Cara's addition, we gain a talented leader to accelerate our data journey and our capacity to leverage data and analytics as a strategic asset across the firm."
APD

Hot Stocks

16:20 EDT Air Products says Susan Carter to leave board - Air Products announced that Susan Carter will leave the company's Board of Directors effective September 30, following 10 years of dedicated service. Most recently, Carter served as a member of the Air Products Board's Audit and Finance Committee and Management Development and Compensation Committee. Over the past decade, she has contributed her significant experience in financial reporting, information technology, accounting, finance and capital management, investor relations and international operations, underpinned by her prior roles as chief financial officer of several global, publicly held companies.
TOL

Hot Stocks

16:18 EDT Toll Brothers co-COO James Boyd to retire, Robert Parahus to become sole COO - Toll Brothers announced that Robert Parahus, current executive VP and co-COO, has been promoted to the position of president and COO effective November 1. In this role, Parahus will oversee the company's homebuilding operations nationwide. James Boyd, current executive VP and co-COO, will retire at the end of December after 30 years with the company.
IBP

Hot Stocks

16:18 EDT Installed Building Products acquires Five Star Building Products, MT Insulation - Installed Building Products announced the acquisition of Five Star Building Products, LLC and Five Star Building Products of Southern Utah, LLC . Five Star primarily installs fiberglass insulation and garage doors to residential and multifamily customers. IBP also announced today the acquisition of MT Insulation, LLC, a Hummelstown, Pennsylvania based installer of insulation and gutters to residential and commercial customers in the greater Harrisburg, Pennsylvania area." The acquisitions add approximately $25M and $4M of annual revenue respectively.
IAC

Hot Stocks

16:18 EDT IAC reports August Angi Inc. total revenue up 21% from last year - As part of its August monthly metrics disclosure, IAC also reports Dotdash revenue up 29%, and its Search business revenue up 67% from last year. Emerging & Other revenue was up 33% from last year. Reference Link
VMEO

Hot Stocks

16:18 EDT Vimeo reports monthly YoY growth trends through August up 33%
VMEO

Hot Stocks

16:18 EDT Vimeo reports monthly YoY growth trends through August up 33%
IQV NRXP

Hot Stocks

16:17 EDT Iqvia to partner with NRx Pharmaceuticals on novel COVID treatment - Iqvia (IQV) "announced a transformative collaboration with NRx Pharmaceuticals (NRXP). NRx is a company dedicated to creating innovative, life-saving treatments and bringing hope to those facing life-altering conditions with no approved disease-modifying therapies or cures. IQVIA is excited to collaborate with NRx as its designated partner, to provide pharmacovigilance services and medical information in preparation for potential regulatory actions. This collaboration will allow NRx to access IQVIA's domain experience with COVID-19, our unparalleled data assets, and analytics to support potential emergency use authorization of ZYESAMI. IQVIA will work closely with NRx to support key activities required for EUA activation, including the pharmacovigilance and medical information programs."
VMEO

Hot Stocks

16:16 EDT Vimeo reports August monthly YoY through August up 33%
IVZ

Hot Stocks

16:16 EDT Invesco reports preliminary AUM $1.56T as of August 31 - Invesco reported preliminary month-end assets under management of $1.56T, an increase of 2.2% versus previous month-end. Total net inflows were $13.6B. The firm achieved net long-term inflows of $8.4B this month.
APLE

Hot Stocks

16:16 EDT Apple Hospitality REIT acquires the Aloft Hotel for $51.2M - Apple Hospitality REIT announced the acquisition of the 157-room Aloft Hotel on the waterfront in downtown Portland, Maine, for a total purchase price of $51.2M, or approximately $326,000 per key. "We are pleased to expand our portfolio with the acquisition of the newly constructed Aloft Portland, Maine and increase our exposure to the unique and vibrant Portland market," said Nelson Knight, President, Real Estate and Investments of Apple Hospitality. "In addition to Portland's tremendous appeal for leisure travel, the market is also home to a variety of corporate, government, trade, health care and educational demand generators, among others, and we are confident this stylish, urban-inspired Hotel is well positioned to benefit. We remain focused on maximizing long-term value for our shareholders and are actively exploring additional acquisition opportunities, like this one, that enhance our portfolio, align with our core ownership strategy and are well positioned for outperformance."
BHE

Hot Stocks

16:13 EDT Benchmark Electronics names Dave Clark as Chief Procurement Officer - Benchmark Electronics announced the expansion of its Global Operations Team with the appointment of Dave Clark as senior vice president, chief procurement officer. Dave will now lead all aspects of Benchmark's global Supply Chain Management organization and will be instrumental in driving operational excellence across the entire purchasing value stream throughout the product lifecycle for our customers. Most recently, Clark served as director, private equity services- supply chain, procurement and manufacturing operations for Alvarez & Marsal.
KRC

Hot Stocks

16:12 EDT Kilroy Realty raises quarterly dividend to 52c per share from 50c - The dividend is payable on October 13, 2021 to stockholders of record on September 30, 2021.
MN

Hot Stocks

16:12 EDT Manning & Napier reports preliminary AUM $22.7B as of August 31 - Compared with $22.5B at July 31, and $22.3B at June 30.
SNPS INTC

Hot Stocks

16:11 EDT Synopsys names Sassine Ghazi as COO, effective November 1 - Synopsys (SNPS) announced that as part of its ongoing evolution and scaling of the business, Sassine Ghazi has been appointed as president and COO, effective November 1. Chi-Foon Chan will transition from his co-CEO position over the first half of fiscal 2022, after which he will continue to support the company's long-term success in a new role. Since becoming COO in August of 2020, Ghazi has had a significant impact on the company, bolstering its EDA and IP strategy and portfolio, broadening customer collaborations, enhancing a strong management team, and providing exceptional corporate leadership. Prior to Synopsys, Ghazi worked as a design engineer at Intel (INTC).
DBRG

Hot Stocks

16:10 EDT DigitalBridge to partner with ImpactData - The company states: "DigitalBridge announced a partnership with ImpactData, which partners with colleges and universities to build secure colocation data centers that give enterprises better access to their workloads while encouraging digital expansion in underserved communities."
CIXX

Hot Stocks

16:09 EDT CI Financial reports total AUM of $320.4B as of August 31, 2021 - CI Financial reported preliminary assets under management as at August 31, 2021 of $150B and wealth management assets of $170.3B, for total assets of $320.4B. On August 31, 2021, CI completed the previously announced acquisition of Radnor Financial Advisors, LLC, a registered investment advisor based in Wayne, Pa., adding $3.4B in wealth management assets.
ORCL

Hot Stocks

16:09 EDT Oracle CEO calls Q1 results 'excellent' - "Q1 results were excellent as constant currency revenue beat guidance by $100 million with all revenue segments exceeding forecast, and Non-GAAP earnings per share beating guidance by $0.08," said Oracle CEO, Safra Catz. "Oracle's two new cloud businesses, IaaS and SaaS, are now over 25% of our total revenue with an annual run rate of $10 billion. Taken together, IaaS and SaaS are Oracle's fastest growing and highest margin new businesses. As these two cloud businesses continue to grow they will help expand our overall profit margins and push earnings per share higher." "Last week, Cloud Wars published an article entitled 'Oracle Leapfrogs Google in Major Cloud Ranking' summarizing an upcoming Gartner Report that reviews the leading cloud infrastructure companies," said Oracle Chairman and CTO, Larry Ellison. "Please read the article and the Gartner Report for all the essential details. Oracle is delivering some truly innovative infrastructure services. Last quarter, we released the next generation of the world's most popular open source database, MySQL, which now includes the HeatWave in-memory query accelerator, and the AutoPilot management tools. Many customers measured our new MySQL cloud service to be much much faster, less expensive, and easier to use than SnowFlake, Aurora, RedShift and other commonly used cloud databases. In response to requests from some of those customers, we decided to make MySQL HeatWave available on other clouds in addition to the Oracle Cloud."
SBRA

Hot Stocks

16:09 EDT Sabra Health Care to expand relationship with RCA, affirms FY21 outlook - The company states: "Under the proposed agreement with RCA, Sabra would provide RCA a $325M mortgage loan secured by eight inpatient addiction treatment centers located in the Northeast and Midwest regions of the US. Six of the centers are stabilized while two properties, opened during the past 12 months, are projected to stabilize in 2022. RCA provides medically supervised detox, inpatient treatment as well as partial hospitalization and intensive outpatient treatment at these properties. In addition, RCA has continued to provide ongoing outpatient therapy throughout the pandemic utilizing its proprietary digital health platform. The RCA Mortgage Loan, if and when issued, will bear interest at 7.5% per annum, have an initial five-year term and provide Sabra with a right of first offer to acquire the underlying facilities should RCA decide to sell any of these treatment centers. Overall, average occupancy in our portfolio continues to recover from its low point as vaccine uptake has been high among patients and residents across the acuity spectrum. However, while infection rates remain low in our portfolio, occupancy growth in our skilled nursing/transitional care portfolio has slowed as the Delta variant has spread. Some states have increased restrictions on admissions when either a resident or employee test positive and in some cases visitation restrictions have been put back in place. Elective surgeries have been substantially curtailed in many markets as hospitals planned for increases in COVID-19 cases... We reaffirm our previously issued earnings guidance for the year ended December 31, 2021. As noted previously, our earnings guidance does not include any anticipated funds from the PRF for our Senior Housing - Managed communities."
ORCL

Hot Stocks

16:08 EDT Oracle reports Q1 Fusion ERP cloud revenue up 32% - Reports Q1 NetSuite ERP cloud revenue up 28%.
VIAC VIACA

Hot Stocks

16:08 EDT ViacomCBS names Brian Robbins CEO of Paramount Pictures - ViacomCBS announced a leadership change at Paramount Pictures. Effective immediately, Jim Gianopulos, Chairman and CEO of Paramount Pictures, will transition oversight of Paramount to Brian Robbins, who has been appointed President and CEO of the studio in addition to maintaining his current responsibilities leading Nickelodeon. Gianopulos will serve in an advisory role at Paramount through the end of the year to help ensure a smooth transition. In addition, Paramount Television Studios will now become part of the premium network group under the leadership of David Nevins, Chairman and Chief Executive Officer, Showtime Networks, bringing together the divisions' premium scripted content capabilities. Nicole Clemens will continue to lead PTVS in her capacity as President, PTVS, reporting directly to Nevins. As part of this transition, and in line with ViacomCBS's previously announced streaming content leadership structure, Robbins will assume oversight of films produced for Paramount+ as well as continue to be responsible for kids and family content globally for the streaming service. Nevins and Clemens will also continue to serve in their current Paramount+ roles of Chief Content Officer, Scripted Originals, and President of Original Scripted Series, respectively.
BRP

Hot Stocks

16:07 EDT BRP Group to acquire 'substantially all' assets Jacobson, Goldfarb & Scott - BRP Group has entered into an agreement to acquire substantially all of the assets of Jacobson, Goldfarb & Scott, Inc., including the equity interests of certain of its subsidiaries . Based in Holmdel, New Jersey, JGS is a specialty insurance broker and MGA primarily focused on providing commercial insurance services to middle-market clients across the country. With annual revenues of approximately $43.3M, represents BRP Group's largest announced Partnership in 2021 and fifth "Top 100" Partnership since the beginning of the fourth quarter of 2020. The Partnership, BRP Group's nomenclature for a strategic acquisition, is expected to close on or around October 1, 2021, subject to certain closing conditions.
SENS

Hot Stocks

16:07 EDT Senseonics announces collaboration with UHACO in Cleveland - Senseonics Holdings and Ascensia Diabetes Care, the makers of the CONTOUR family of diabetes blood glucose monitoring devices and commercialization partner for Senseonics, have announced that the University Hospitals Accountable Care Organization in Cleveland, Ohio has begun offering the Eversense CGM System to its Medicare enrollees effective early September, 2021. The recent decision to use the Eversense CGM System in eligible patients with type 1 diabetes or type 2 diabetes on insulin shows the commitment of UHACO to facilitate optimal diabetes management for its enrollees. "We are excited to offer Eversense to our ACO patients with diabetes. Supplying tools for effective glucose management allows us to meet the Standards of Care for patients using insulin as outlined by the American Diabetes Association," said Betul Hatipoglu, M.D., Head of Endocrinology and Diabetes at UHACO. "Eversense offers patients choice amongst continuous glucose monitoring devices. The Eversense CGM system delivers industry leading accuracy, an improved patient experience, and an array of unique features that afford people, especially those in the Medicare population, the opportunity to achieve improved health outcomes."
ORCL

Hot Stocks

16:07 EDT Oracle reports Q1 cloud services and license support revenues up 6% to $7.4B
INTU

Hot Stocks

16:06 EDT Intuit to acquire Mailchimp in roughly $12B cash and stock deal - Intuit announced that it has agreed to acquire Mailchimp, a global customer engagement and marketing platform for growing small and mid-market businesses. "We're focused on powering prosperity around the world for consumers and small businesses. Together, Mailchimp and QuickBooks will help solve small and mid-market businesses' biggest barriers to growth, getting and retaining customers," said Sasan Goodarzi, CEO of Intuit. "Expanding our platform to be at the center of small and mid-market business growth helps them overcome their most important financial challenges. Adding Mailchimp furthers our vision to provide an end-to-end customer growth platform to help our customers grow and run their businesses, putting the power of data in their hands to thrive." The transaction is expected to be accretive to Intuit's non-GAAP earnings per share for full year fiscal 2022. Intuit has agreed to pay total consideration of approximately $12B to acquire Mailchimp, subject to customary adjustments for transactions of this nature. The total consideration includes approximately $300M of assumed Mailchimp employee transaction bonuses that will be issued in the form of restricted stock units, expensed over three years. The remaining consideration payable to Mailchimp's equity holders will be payable in approximately equal parts of cash and Intuit common stock, with the shares of Intuit common stock being valued at $562.61 per share, calculated as the average of the daily volume-weighted average sales price per share for Intuit common stock for the five trading days ending on September 8, 2021. The per share price of these shares has been fixed as of the signing date. The aggregate value of these shares will fluctuate based on changes in our share price between the signing date and the closing date. Following the close of the transaction Intuit will also issue $200M of restricted stock units to Mailchimp employees, of which $140M will be expensed over four years, and $60M will be expensed over six months. Intuit expects the cash consideration to be financed through cash on hand and new debt of approximately $4.5B to $5.0B. The transaction is not expected to have an impact on Intuit's existing dividend and share repurchase principles. The transaction is expected to close prior to the end of Intuit's second quarter fiscal 2022, subject to receipt of required regulatory approvals and satisfaction or waiver of other customary closing conditions.
ORCL

Hot Stocks

16:06 EDT Oracle reports Q1 Cloud license and on-premise license revenues $813M, down 8%
AGNC

Hot Stocks

16:02 EDT AGNC Investment reports estimated tangible net book value of $16.25 per share - The company also announced its estimated tangible net book value of $16.25 per common share as of August 31. The estimate of tangible net book value includes a deduction for the company's August 2021 dividend of 12c per common share, which was declared on August 12, with an August 31 record date.
RENN KXIN

Hot Stocks

16:01 EDT Renren names Chris Palmer as CFO, effective September 6 - Renren (RENN) announced that Chris Palmer has been appointed as the company's CFO, effective September 6. Palmer succeeded Lucy Yang, who will continue to serve as CFO of Kaixin Auto Holdings (KXIN). Prior to Joining RenRen, Palmer served as VP Finance at Twist Bioscience, a Global manufacturer of Synthetic DNA.
FITB

Hot Stocks

15:07 EDT Fifth Third raises quarterly dividend 11% to 30c from 27c per share - Fifth Third Bancorp declared a cash dividend on its common shares of 30c per share for the third quarter. The dividend is payable on October 15 to shareholders of record as of September 30.
RDWR

Hot Stocks

14:11 EDT Radware jumps 11% after CNBC says company in talks to sell to PE buyer - Shares of Radware are up $3.74, or 11%, to $38.76 following CNBC's report of the takeover talks.
WMT $LTC

Hot Stocks

13:44 EDT Walmart has no relationship with Litecoin, company says in statement - Walmart (WMT) said in a statement: "Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin ($LTC). Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. Walmart has no relationship with Litecoin. GlobeNewswire issued a notice across its service confirming that journalists and other readers should disregard the news release, 'Walmart Announces Major Partnership With Litecoin' issued September 13, 2021, over GlobeNewswire. All further questions should be directed to GlobeNewswire." Reference Link
ZM FB

Hot Stocks

13:12 EDT Zoom building new Whiteboard experience, working on Facebook VR support - Zoom (ZM) said in a blog post that it is building a new persistent whiteboard experience that enables powerful, easy-to-use visual collaboration before, during, and after a virtual meeting. "Zoom Whiteboard will be your powerful virtual hub for real-time and asynchronous collaboration, creating more engaging and efficient meeting experiences," the company said. "Any team, from enterprise to education, can use the Zoom Whiteboard experience to create, annotate, and share ideas from any device whether you're in a Zoom meeting or not. This persistent collaboration using powerful tools on any device will allow your teams to have the creative space to work together, wherever. We plan to offer Zoom Whiteboard in beta later this year." In addition, the company said that it and Facebook (FB) are working together to offer a more immersive product experience, anticipated next year, using virtual reality. "Facebook's Horizon Workrooms is a new VR app that lets people come together in the same VR room for meetings, regardless of physical distance," Zoom said. "This integration will bring Zoom Meetings and Zoom Whiteboard into the VR space using Oculus headsets to enable users to visualize their entire canvas without the need for a large screen." Reference Link
ZM FB

Hot Stocks

13:12 EDT Zoom building new Whiteboard experience, working on Facebook VR supportFacebook - Zoom said in a blog post that it is building a new persistent whiteboard experience that enables powerful, easy-to-use visual collaboration before, during, and after a virtual meeting. "Zoom Whiteboard will be your powerful virtual hub for real-time and asynchronous collaboration, creating more engaging and efficient meeting experiences," the company said. "Any team, from enterprise to education, can use the Zoom Whiteboard experience to create, annotate, and share ideas from any device whether you're in a Zoom meeting or not. This persistent collaboration using powerful tools on any device will allow your teams to have the creative space to work together, wherever. We plan to offer Zoom Whiteboard in beta later this year." In addition, the company said that it and Facebook (FB) are working together to offer a more immersive product experience, anticipated next year, using virtual reality. "Facebook's Horizon Workrooms is a new VR app that lets people come together in the same VR room for meetings, regardless of physical distance," Zoom said. "This integration will bring Zoom Meetings and Zoom Whiteboard into the VR space using Oculus headsets to enable users to visualize their entire canvas without the need for a large screen." Reference Link
ZM

Hot Stocks

13:11 EDT Zoom building new Whiteboard experience, working on Facebook VR support - Zoom said in a blog post that it is building a new persistent whiteboard experience that enables powerful, easy-to-use visual collaboration before, during, and after a virtual meeting. "Zoom Whiteboard will be your powerful virtual hub for real-time and asynchronous collaboration, creating more engaging and efficient meeting experiences," the company said. "Any team, from enterprise to education, can use the Zoom Whiteboard experience to create, annotate, and share ideas from any device whether you're in a Zoom meeting or not. This persistent collaboration using powerful tools on any device will allow your teams to have the creative space to work together, wherever. We plan to offer Zoom Whiteboard in beta later this year." In addition, the company said that it and Facebook (FB) are working together to offer a more immersive product experience, anticipated next year, using virtual reality. "Facebook's Horizon Workrooms is a new VR app that lets people come together in the same VR room for meetings, regardless of physical distance," Zoom said. "This integration will bring Zoom Meetings and Zoom Whiteboard into the VR space using Oculus headsets to enable users to visualize their entire canvas without the need for a large screen." Reference Link
AA

Hot Stocks

13:08 EDT Alcoa sees Q3 EBITDA roughly $100M higher than Q2 - Comments taken from the Credit Suisse Basic Materials Conference.
ABNB

Hot Stocks

12:29 EDT Airbnb says New York's 2309-2021 imposes expensive requirements - On New York's proposed legislation Int. 2309-2021, Airbnb said in a statement: "With regards to this legislation, Airbnb agrees with the belief of the sponsors that New Yorkers have the right to share their own space and that short-term rentals are an important element of a growing and recovering tourist economy that democratizes the tourism industry and shares the economic impact across neighborhoods throughout the five boroughs...Fundamentally, 2309 is a registration bill. However, not only does it impose expensive, onerous, and at times redundant requirements on every day New Yorkers seeking to make ends meet, but the legislation fails to provide requirements to the administering agency, OSE, on what types of units in New York City are eligible for a permit, devise a registration process that the average New Yorker can navigate, or ensure good-faith engagement by any agency that has unfairly and arbitrarily targeted homeowners and renters for years. We're also concerned that the current registration requirements in the bill rest the authority to set the registration fees with the Office of Special Enforcement, but set no statutory cap. This is a slippery slope that would open the door to high registration fees that would overburden the very New Yorkers we are seeking to empower to remain in their home." Reference Link
APO TROX

Hot Stocks

12:24 EDT Tronox jumps after buyout firm Apollo said to offer $27 per share bid - Shares of Tronox (TROX) have jumped and were halted for volatility after Reuters' Greg Roumeliotis said that private equity firm Apollo Global Management (APO) has approached the pigment manufacturer with a $4.3B, or $27 per share, all-cash takeover offer, citing people familiar with the matter.
WMT $LTC

Hot Stocks

12:03 EDT Litecoin Foundation confirms not in partnership with Walmart - Litecoin Foundation said via Twitter: "The Litecoin Foundation has not entered into a partnership with Walmart."
SEMR

Hot Stocks

12:00 EDT Semrush falls -13.8% - Semrush is down -13.8%, or -$4.33 to $26.99.
RSKD

Hot Stocks

12:00 EDT Riskified falls -14.2% - Riskified is down -14.2%, or -$4.11 to $24.77.
OG

Hot Stocks

12:00 EDT Onion Global falls -15.4% - Onion Global is down -15.4%, or -$1.05 to $5.74.
CEPU

Hot Stocks

12:00 EDT Central Puerto rises 14.8% - Central Puerto is up 14.8%, or 40c to $3.10.
IVC

Hot Stocks

12:00 EDT Invacare rises 15.2% - Invacare is up 15.2%, or 83c to $6.32.
MEC

Hot Stocks

12:00 EDT Mayville Engineering rises 17.9% - Mayville Engineering is up 17.9%, or $2.49 to $16.41.
OUST

Hot Stocks

11:54 EDT Ouster selected by Juzhen Data Tech for 1,190 digital lidar sensors - Ouster earlier announced that it has signed a Strategic Customer Agreement with Juzhen Data Tech, a company engaged in the research and development of new energy delivery vehicles, autonomous delivery vehicles and last-mile automated delivery services. Ouster expects to supply 1,190 digital lidar sensors through 2025 for Juzhen's next-generation delivery vehicles for the Chinese market. Juzhen plans to use Ouster digital lidar on its two next-generation electric vehicles to support autopilot functionality followed by the deployment of fully autonomous delivery vehicles on public roads. "We chose to work with Ouster because of the high-resolution of its digital lidar," said Juzhen Data Tech's CEO, Gu Zulin.
CNI

Hot Stocks

11:46 EDT CN acknowledges TCI announcement of shareholder meeting requisition - CN acknowledges the announcement made by TCI Fund Management Limited that CIFF Capital UK LP and The Children's Investment Master Fund, acting by TCI, as investment manager, that it is requisitioning a meeting of CN's shareholders. "CN has not yet received the formal requisition from TCI. Once CN is in receipt of the requisition, it will review it and comment further in due course," the company stated.
HIG

Hot Stocks

11:40 EDT Hartford Financial CFO sees Ida catastrophe impact 'somewhere around' $200M - Hartford Financial President Doug Elliot stated during the Barclays Global Financial Services Conference earlier that the year-to-date is largely playing out as expected and he feels "very good" about assumptions in the plan the company previously presented. Hartford Financial CFO Beth Costello added that the company is still working through the catastrophe impact of Hurricane Ida and its two parts, but as of now she would put the impact "somewhere around $200M pre-tax," but added there is still more work to do.
AA

Hot Stocks

11:32 EDT Alcoa sees Q3 operational tax epxense over $100M based on recent pricing - Sequentially, adjusted EBITDA in the Bauxite segment is expected to be in line with 2Q21. In 3Q21, the Alumina segment is expected to see $10M impact from higher raw materials prices and higher energy costs. Comments from slides being presented at the Credit Suisse Basic Materials Conference.
BRT

Hot Stocks

11:23 EDT BRT Apartments raises quarterly dividend 4.5% to 23c per share - BRT Apartments announced that its board of directors declared a quarterly dividend of 23c per share on the company's common stock, representing an increase of 1c per share, or 4.5%, over the prior dividend payment. The dividend is payable October 7 to stockholders of record on September 24.
SILK

Hot Stocks

11:00 EDT Silk Road says Q3 results will be impacted by hospital capacity constraints - Silk Road Medical provided an update regarding the continued impact of Covid-19 on Q3 financial results. "Throughout the quarter, procedure volumes continue to be impacted by increased hospitalizations and hospital capacity constraints due to the COVID-19 Delta variant. Management believes that these constraints may create uncertainty through the second half of the year," the company said in a regulatory filing ahead its presentation at the Morgan Stanley Global Healthcare Conference.
AMZN

Hot Stocks

10:39 EDT DC Attorney General says 'widening scope' of antitrust suit against Amazon - DC Attorney General Karl Racine tweeted: "I'm widening the scope of my antitrust lawsuit against Amazon. Amazon is engaging in anti-competitive agreements with wholesalers-in addition to third party sellers, raising prices for consumers." Reference Link
KMI NTOIY

Hot Stocks

10:37 EDT Kinder Morgan, Neste partner on renewable fuels logistics project in the U.S. - Kinder Morgan (KMI) is partnering with Neste (NTOIY) to create a premier domestic raw material storage and logistics hub in the United States, supporting increased production of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals. Upon completion of the project, Kinder Morgan's Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the United States. As part of the initial, committed phases of the project, Kinder Morgan will modify existing tanks and piping to enable segregated storage for a variety of raw material across 30 tanks. The scope of work also includes the installation of a new boiler for heating tanks and railcars and infrastructure improvements for rail, truck and marine movements. The project, which is supported by a long-term commercial commitment from Neste, is expected to commence operations in the first quarter of 2023. At Neste's option, the facility can be further expanded.
PCT MITSY

Hot Stocks

10:33 EDT PureCycle, Mitsui & Co partner to develop recycled polypropylene plant - PureCycle Technologies (PCT) announced a signed memorandum of understanding with Mitsui & Co. (MITSY) as a first step to developing and operating a recycling facility in Japan to transform polypropylene waste into Ultra-Pure Recycled Polypropylene. Mitsui's expertise will position PureCycle very well in Japan and will expand operations globally. Mitsui will help facilitate the pre-construction, on-the-ground operations and will be an integral part of PureCycle's work in Japan.
WMT...

Hot Stocks

10:26 EDT Walmart spokesperson says no partnership with Litecoin - A Walmart (WMT) spokesperson tells Bloomberg that the company does not have a partnership with Litecoin ($LTC), as claimed earlier in a fake press release distributed by Nasdaq's (NDAQ) Globe Newswire, and the company is trying to learn more about the news release, which the spokesperson said "isn't real."
CDZI

Hot Stocks

10:23 EDT Cadiz says 'no new material developments' amid stock volatility - Cadiz released the following statement to address recent volatility in the trading of the Company's stock: "The Company reports that there have been no new material developments nor pending announcements concerning its business operations contributing to market activity. The Company issued its second quarter results on August 13, 2021 and reaffirms its outlook. The Company remains confident in its plans to execute on its mission to dedicate its unique and significant land and water assets to the implementation of sustainable water supply, water storage, and agricultural projects responsive to California's resource needs.The Company will continue to monitor key factors that affect its business and will disclose all material developments."
WMT...

Hot Stocks

10:23 EDT Press release on Walmart partnering with Litecoin might be fake, CNBC reports - A press release that was distributed by Globe Newswire, a Nasdaq OMX (NDAQ) company, earlier this morning and claimed to have been distributed by Walmart (WMT) as the source, stated that the company was announcing "a major partnership" with Litecoin ($LTC). However, the veracity of that press release is now being questioned amid reports it may have been fake, according to CNBC's on-air reporting. The press release was available on Globe's distribution platform, but is not posted on Walmart's corporate website.
D

Hot Stocks

10:06 EDT Dominion, The Nature Conservance collaborate for solar development - The Nature Conservancy and Dominion Energy Virginia announced a collaboration to develop one of the first utility-scale solar projects on former surface mines in the coalfields of Southwest Virginia. The Highlands Solar project will repurpose roughly 1,200 acres of the former Red Onion surface mine and surrounding properties in Wise and Dickenson Counties. The project will generate approximately 50 megawatts of solar energy, enough to power 12,500 homes at peak output, as well as bring additional benefits to the area, such as an increase in local tax revenues, the ability to provide additional funding through Solar Siting Agreements, and the creation of clean energy jobs.
IBKR

Hot Stocks

10:05 EDT Interactive Brokers announces launch of cryptocurrency trading - Interactive Brokers Group announces its launch of cryptocurrency trading, enabling clients to trade and custody Bitcoin, Ethereum, Litecoin and Bitcoin Cash via Paxos Trust Company. Through Paxos, IBKR clients will be able to trade cryptocurrency alongside other asset classes available on the Interactive Brokers platform creating a unified customer experience. While other crypto exchanges and brokers charge fees of 2.00% of trade value or more and add spreads or markups to the price, cryptocurrency trading with Paxos on Interactive Brokers' platform has low commissions of just 0.12% - 0.18% of trade value, depending on monthly volume, with a USD 1.75 minimum per order. Plus, there are no added spreads, markups, or custody fees
VERI

Hot Stocks

10:03 EDT Veritone announces agreement with RECUR to create NFTs - Veritone announced an exclusive agreement with RECUR to create NFTs, initially with Pac-12 Networks athletics video content. This content will be available in a new NFT community and marketplace called NFTU-the official collegiate destination. RECUR designs and develops on-chain experiences that allow fans to buy, collect and resell non-fungible tokens as digital products and collectables. RECUR is changing the NFT market by creating a new ecosystem which enables brands to have the widest-possible range of distribution. The company standardizes recurring royalties minted on any cryptocurrency, keeping NFTs chain-agnostic and drawing more fans into the crypto ecosystem. Veritone is the exclusive licensing partner for Pac-12 Networks and will coordinate with student-athletes to obtain authorization to use their highlights, in accordance with the Pac-12 NIL Licensing Program. With RECUR, Pac-12 Networks will make video highlights of Pac-12 moments across all sports available for NFT creation.
ALKS

Hot Stocks

10:03 EDT Sarissa Capital boosts Alkermes stake to 8.15% from 7.01% - Alex Denner's Sarissa Capital Management disclosed late Friday an increased stake of 8.15% in Alkermes, which represents 13.145M shares. In a filing on May 27, Sarissa disclosed a stake of 7.01%. The filing with the SEC allows for activism.
MYMD

Hot Stocks

10:02 EDT MyMD Pharmaceuticals to initiate Phase 2 trial of MYMD-1 in Q4 - MyMD Pharmaceuticals announced that it intends to initiate dosing for a Phase 2 trial of MYMD-1's function in delaying aging early in the fourth quarter of 2021. Interim efficacy analysis from this study is expected in the first quarter of 2022. The primary goal of this Phase 2 double-blind, placebo-controlled clinical trial is to achieve a reduction in the levels of tumor necrosis factor-alpha in the blood. TNF-alpha is the protein in the body that causes inflammation and helps activate the process of aging. MYMD-1's ease of oral dosing is a groundbreaking differentiator compared to currently available TNF-alpha blockers, all of which require delivery by injection or infusion. No approved TNF inhibitor has ever been dosed orally. The second and third key differentiators are selectivity and low toxicity. Unlike other therapies, MYMD-1 is designed to selectively block TNF-alpha when it becomes overactivated in autoimmune diseases and cytokine storms, but not to block it from doing its normal job of being a first responder to any routine type of moderate infection. In addition, the drug is not immunosuppressive and has not been shown to cause serious side effects common with traditional therapies that treat inflammation. MYMD-1's primary purpose is to slow the aging process and extend human lifespan, but it is also showing promise as a potential treatment for COVID-19-related complications, and as an anti-fibrotic and anti-prolific therapeutic. Because it can cross the blood-brain barrier, MYMD-1 is also positioned to be a possible treatment for multiple sclerosis and other brain-related disorders. In addition to the upcoming Phase 2 aging trial, MyMD previously announced that it intends to initiate a Phase 2 trial of MYMD-1 as a therapy for COVID-19-associated depression and cytokine elevation in the fourth quarter of 2021, with initial trial data expected in the first quarter of 2022.
MDT

Hot Stocks

10:01 EDT Medtronic announces pilot program with Mpirik - Medtronic announced a pilot program with Mpirik to address disparities in care associated with the prevention of sudden cardiac arrest, a condition in which the heart suddenly and unexpectedly stops beating. SCA is caused by a disturbance in the heart's electrical system, and can be deadly if not treated by defibrillation within minutes. The Medtronic collaboration with Mpirik also involves Vizient, a health care performance improvement organization that provides data and analytic insights. This pilot program aims to identify patients at higher risk for SCA, and identify them earlier in their care journey. Mpirik's proprietary artificial intelligence platform, Cardiac Intelligence, will screen electronic health records data at five pilot hospitals, including three Vizient member hospitals, to spot patients, regardless of race or gender, who meet prespecified clinical criteria for being at risk of SCA. Mpirik will provide an automated alert through the EHR system for these patients, enabling clinicians to determine appropriate follow-up care. The identification process will continue to protect patient health information, none of which will be shared with Medtronic or Vizient.
OG

Hot Stocks

10:00 EDT Onion Global falls -9.4% - Onion Global is down -9.4%, or -64c to $6.15.
LAW

Hot Stocks

10:00 EDT CS Disco falls -9.7% - CS Disco is down -9.7%, or -$6.38 to $59.29.
RSKD

Hot Stocks

10:00 EDT Riskified falls -10.2% - Riskified is down -10.2%, or -$2.94 to $25.94.
BMA

Hot Stocks

10:00 EDT Banco Macro rises 15.5% - Banco Macro is up 15.5%, or $2.83 to $21.12.
BBAR

Hot Stocks

10:00 EDT Banco BBVA Argentina rises 16.2% - Banco BBVA Argentina is up 16.2%, or 68c to $4.84.
MEC

Hot Stocks

10:00 EDT Mayville Engineering rises 23.1% - Mayville Engineering is up 23.1%, or $3.22 to $17.14.
UBER

Hot Stocks

09:58 EDT Dutch court rules Uber drivers are employees - The Court of Amsterdam has ruled that drivers for Uber are employed, rather than self employed contractors. The court, which ordered Uber to pay EUR50,000 in costs, also found drivers are covered by an existing collective labor agreement in the country. Reference Link
RSKD

Hot Stocks

09:47 EDT Riskified falls -9.2% - Riskified is down -9.2%, or -$2.67 to $26.21.
NTP

Hot Stocks

09:47 EDT Nam Tai Property falls -9.7% - Nam Tai Property is down -9.7%, or -$2.81 to $26.15.
OG

Hot Stocks

09:47 EDT Onion Global falls -10.9% - Onion Global is down -10.9%, or -74c to $6.05.
BBAR

Hot Stocks

09:47 EDT Banco BBVA Argentina rises 12.7% - Banco BBVA Argentina is up 12.7%, or 53c to $4.70.
CEPU

Hot Stocks

09:47 EDT Central Puerto rises 13.7% - Central Puerto is up 13.7%, or 37c to $3.07.
MEC

Hot Stocks

09:47 EDT Mayville Engineering rises 27.2% - Mayville Engineering is up 27.2%, or $3.79 to $17.71.
NUVA

Hot Stocks

09:46 EDT NuVasive says not withdrawing 2021 guidance 'at this time' - NuVasive said today in an investor presentation, "Not withdrawing or updating full-year 2021 guidance at this time; will continue to monitor and assess."
JLL

Hot Stocks

09:36 EDT Jones Lang LaSalle names Siddharth Taparia chief marketing officer - Jones Lang LaSalle announced the appointment of Siddharth Taparia to the global role of Chief Marketing Officer. Effective immediately, he will be responsible for the company's global marketing strategy and will oversee all marketing activities worldwide.
RMCF

Hot Stocks

09:36 EDT AB Value files definitive proxy statement for Rocky Mountain Chocolate meeting - AB Value Management LLC, collectively with its affiliates, and the other participants in this solicitation representing approximately 14.63% of the outstanding shares of Rocky Mountain Chocolate Factory, filed their definitive proxy statement with the U.S. Securities and Exchange Commission to solicit proxies for the election of their five, highly-qualified, independent director candidates-Andrew Berger, Mary Kennedy Thompson, Mark Riegel, Sandra Elizabeth Taylor and Rhonda Parish-at the Company's 2021 Annual Meeting of Shareholders. AB Value said, "The Concerned Shareholders of Rocky Mountain believe the Company's proxy materials continue a pattern of false and misleading statements about the Company's actions and engagement with the Concerned Shareholders of Rocky Mountain. Summarized below are a few of the most egregious fictions contained in the Company's filings and how those misrepresentations can be combatted with facts that show the Company is manipulating the truth for its benefit."
ECOR

Hot Stocks

09:34 EDT electroCore's GammaCore Sapphire granted FDA 501(k) premarket notification - ElectroCore's non-invasive vagus nerve stimulator for headache, the GammaCore Sapphire, was judged "Substantially Equivalent" by the FDA according to a 501(k) premarket notification dated September 10 posted to the agency's website. Reference Link
JPM

Hot Stocks

09:33 EDT JPMorgan Wealth Management eliminates upfront fee on 529 plans - J.P. Morgan Wealth Management announced that it will offer its advisor-sold 529 plans without the industry standard upfront fee. With this change, more of what the client invests goes towards their education goals. College tuition costs are rising 6.3% every year, according to J.P. Morgan's College Planning Essentials report. 529 plans provide a tax-advantaged way for families to invest for the future costs of higher education. Some also can help cover costs of K-12 tuition, vocational school and registered apprenticeships. There are no income limits on contributions or age restrictions on beneficiaries, unlike other types of accounts often used for education. J.P. Morgan Wealth Management advisors will offer select 529 plans without the sales charge, which for advisor-sold investments can be as high as 5.75%. Other fees and expenses will continue to apply.
WMT $LTC

Hot Stocks

09:32 EDT Walmart announces partnership with Litecoin for crypto payments - Walmart (WMT) is pleased to announce a major partnership with Litecoin ($LTC). The eCommerce giant intends to give its millions of shoppers across the world an opportunity to seamlessly make payments with cryptocurrencies. Walmart has long been one of the earliest adopters of blockchain technologies, starting as early as 2016 to trial the digital ledger for improvements in its supply chain. Now, with this partnership, Walmart will offer their shoppers to use Litecoin to benefit from the features of the cryptocurrency. The company said, "Why Litecoin? Released in 2011, Litecoin is one of the oldest digital currencies in the crypto ecosystem. Litecoin is similar to Bitcoin, in that it uses the same code as the latter, and shares many similarities. However, Litecoin is cheaper and faster than Bitcoin. Litecoin is also a peer-to-peer cryptocurrency that facilitates cross-border transactions and enhances digital payment systems. Like Bitcoin, Litecoin has no central authority."
MOTV

Hot Stocks

09:21 EDT Forge Global to go public in $2B merger with Motive Capital - Forge Global, a global private securities marketplace, announced it has entered into a definitive business combination agreement with Motive Capital Corp (MOTV), a special purpose acquisition company sponsored by affiliates of Motive Partners, a financial technology specialized private equity firm. Forge will become a publicly traded company upon the closing of the transaction, currently expected in the fourth quarter of 2021 or first quarter of 2022. The transaction reflects a $2.0B approximate valuation for the pro forma combined company. The transaction is subject to customary closing conditions, including approval by shareholders of Motive Capital Corp and Forge, the effectiveness of a registration statement to be filed with the Securities and Exchange Commission in connection with the transaction and the approval of the South Dakota Division of Banking for the change in control of Forge's subsidiary trust company. "The Forge marketplace has nearly 400,000 registered users, including over 123,000 accredited investors. Private shares have traded in more than 400 companies since inception, representing over $10 billion in volume across 19,000 transactions with buyers and sellers in 70 countries. Through its custody offering Forge Trust, the company has approximately $14 billion in assets under custody and about $600 million of cash across 1.9 million customers," the company stated. Upon completion of the transaction, the combined company is expected to have a fully diluted equity value on a pro forma basis of approximately $2.0B, assuming redemptions are no greater than $90M by existing Motive Capital Corp shareholders. The transaction is expected to deliver approximately $532.5M of gross proceeds to the combined company prior to the payment of transaction expenses and up to $100 million of cash consideration, including the contribution of up to $414M of cash held in Motive Capital Corp's trust account from its initial public offering in December 2020. The combination is further supported by a $50M commitment under Motive Partners' Forward Purchase Agreement and a $68.5M PIPE at $10 per share supported by ION Group, Temasek and Adit Ventures. Certain Motive Partners' funds will provide up to an additional $90M as a backstop via its Forward Purchase Agreement. Existing Forge shareholders are expected to roll 90% of their equity into the combined company. Concurrent with closing, up to $100M of the transaction proceeds will be paid to certain existing Forge shareholders as cash proceeds for a portion of their existing equity. The transaction has been unanimously approved by the Boards of Directors of both Motive Capital Corp and Forge.
LGVN

Hot Stocks

09:20 EDT Longeveron, Kinesiometrics partner for smartphone app for cell therapy responses - Longeveron has entered into an agreement with Kinesiometrics to provide a cutting-edge, digital data-driven solution for objective real-time measurement of functional capacity and quality of life in Longeveron's clinical studies. The data is accessible to Longeveron and recipients of Lomecel-B via an Application downloadable on the subjects' mobile phones. Longeveron recently announced the results of a Phase 2b Aging Frailty study, which showed that frail subjects with impaired mobility could walk nearly 50 meters further 180 days after a single intravenous infusion of Lomecel-B. This increase was durable, persisting through 270 days. By comparison, the placebo-treated subjects change from baseline at 180 days and 270 days was 8.0 meters and -15.5 meters, respectively. Kinesiometrics will provide Longeveron with a patented Software as a Solution, mobile-phone based platform that can collect not only years of historical data regarding a subject's activity levels via steps, distance walked, flights climbed and energy expenditure, but also real-time response information for comparison of activity level changes pre- and post-Lomecel-B infusion. This vital data may be used to understand and gauge outcomes of treatment regimens, and information is presented in an easy to understand and compelling graphical format. With the Kinesiometrics technology, activity levels can be provided continuously, rather than relying solely on single time points throughout the follow-up period. This could provide rapid understanding of the effect of Lomecel-B and has the potential to reduce the number of protocol-specific visits a research subject needs to make to the clinic.
DSX

Hot Stocks

09:17 EDT Diana Shipping announces time charter contract for M/V Amphitrite - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is $27,000 per day, minus a 5% commission paid to third parties, for a period until minimum October 15, 2022 up to maximum December 15, 2022. The charter commenced earlier. The "Amphitrite" is a 98,697 dwt Post-Panamax dry bulk vessel built in 2012. The employment of "Amphitrite" is anticipated to generate approximately $10.58 million of gross revenue for the minimum scheduled period of the time charter.
TMUS WMT

Hot Stocks

09:17 EDT T-Mobile to be available in over 2,300 Walmart stores in October - T-Mobile (TMUS) and Metro by T-Mobile will soon be available in over 2,300 Walmart (WMT) locations and on Walmart.com, the companies announced. Starting October 18, anyone will be able to shop Metro by T-Mobile displays in select Walmart stores and through Walmart.com for smartphones and three options for unlimited monthly rate plans all on T-Mobile's nationwide 5G network. After choosing the device and plan that works best for them, customers can then activate online whenever. All Metro by T-Mobile plans in Walmart include unlimited talk, text and 5G data with Scam Shield protection and taxes and fees included. And starting November 1, customers will also be able to shop for T-Mobile devices and plans, including Magenta MAX.
KNDI GELYF

Hot Stocks

09:16 EDT Kandi Technologies receives final payment from Fengsheng sale - Kandi Technologies (KNDI) announced that it received the final payment from the sale of its 22% equity in Fengsheng Automotive Technologies Group back to Geely (GELYF). According to the Equity Transfer Agreement, Kandi sold back its interest for approximately $47.3M. Kandi received 50% of the amount after the sale was approved by local Zhejiang provincial authorities and the second 50% installment within six months as stipulated in the agreement. Hu Xiaoming, Chairman and Chief Executive Officer of Kandi, commented, "Receipt of this final payment on time adds to our substantial cash position, enabling us to pursue strategic market opportunities as they arise. In addition to the cash infusion, the exit from Fengsheng improves our flexibility to embrace opportunities up and down the supply chain without concerns about competitive conflicts. We are increasingly optimistic about our prospects, given our financial and technological strengths."
RELI

Hot Stocks

09:15 EDT Reliance Global announces launch of 5MinuteInsure.com - Reliance Global Group announced that it has successfully launched 5MinuteInsure.com in Ohio, the first state in the Company's planned nationwide rollout. 5MinuteInsure.com is a tool developed by Reliance Global that utilizes artificial intelligence and data mining to provide competitive insurance quotes in under 2 minutes, with the ability to bind coverage within 5 minutes, with minimal data input via a smartphone, tablet or computer. 5MinuteInsure.com combines the best of a traditional insurance agency, including the option for direct agent interaction, with the ability to bind a policy online. Through 5MinuteInsure.com, consumers can compare live quotes for auto insurance between multiple carriers, as well as instantly purchase coverage on the same single platform. This is a major differentiating factor from lead generator comparison sites that compare non-binding quotes and often sell personal information to third-party providers.
DXCM

Hot Stocks

09:14 EDT DexCom COO Blackford resigns to pursue other opportunities - DexCom disclosed that on September 8 it received notice from Quentin Blackford of his intention to resign as Chief Operating Officer effective on September 17 in order to pursue another employment opportunities.
CTRM

Hot Stocks

09:13 EDT Castor Maritime announces three new charter agreements - Castor Maritime announces that: The M/V Magic Nebula, a 2010 built Kamsarmax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $31,750. The charter commenced on September 4, 2021, and has a minimum duration of six months and a maximum duration of eight months at the charterer's option. The M/V Magic Moon, a 2005 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $30,250. The charter commenced on August 31, 2021, and has a duration of about 90 days. The M/V Magic Nova, a 2010 built Panamax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $32,000 plus a one-time gross ballast bonus of $1,300,000. The charter is expected to commence on or around September 17, 2021, and will have a duration of about 70 days.
MSTR

Hot Stocks

09:13 EDT MicroStrategy says purchased about 8,957 bitcoins in Q3-to-date - In a regulatory filing, MicroStrategy announced that during the third quarter of the company's fiscal year to date, or the period between July 1, 2021 and September 12, 2021, the company purchased approximately 8,957 bitcoins for approximately $419.9M in cash, at an average price of approximately $46,875 per bitcoin, inclusive of fees and expenses. As of September 12, 2021, the company held approximately 114,042 bitcoins that were acquired at an aggregate purchase price of approximately $3.16B and an average purchase price of approximately $27,713 per bitcoin, inclusive of fees and expenses. As previously disclosed, on June 14, 2021, the company entered into an Open Market Sale Agreement with Jefferies as agent, pursuant to which the company may issue and sell shares of its class A common stock, having an aggregate offering price of up to $1.0B from time to time through Jefferies. On September 13, 2021, the company also announced that during the third quarter of the company's fiscal year to date, or the period between July 1, 2021 and September 12, 2021, the company had issued and sold an aggregate of 555,179 shares under the sale agreement, at an average gross price per share of approximately $727.64, for aggregate net proceeds to the company, less sales commissions and expenses, of approximately $399.9M.
IIVI

Hot Stocks

09:13 EDT II-VI joins SmartTunable Multi-Source Agreement Group - II-VI Incorporated announced that it joined, as a founding member, the SmartTunable Multi-Source Agreement Group, or "STM Group," for wavelength-tunable transceivers. The STM Group brings together market leaders of full C-band wavelength-tunable transceivers to enable interoperable self-tuning optics.
CVX EPD

Hot Stocks

09:13 EDT Chevron, Enterprise explore carbon storage business opportunities - Chevron (CVX), through its Chevron New Energies division, and a subsidiary of Enterprise Products Partners (EPD) announced a framework to study and evaluate opportunities for carbon dioxide, CO2, capture, utilization, and storage CCUS from their respective business operations in the U.S. Midcontinent and Gulf Coast. The companies expect the initial phase of the study in which they will evaluate specific business opportunities to last about six months. "This joint effort has the potential to advance our ongoing work to grow our lower carbon businesses with commercial scale using the industry expertise both companies bring to the project," said Jeff Gustavson, president of Chevron New Energies. "International climate change scientists working with the United Nations have identified carbon capture as a critical technology needed to help the global energy system transition to a lower carbon future." The companies have successfully worked together on prior business opportunities and believe they bring complementary capabilities to successfully pursue CCUS. Projects resulting from the evaluation would seek to combine Enterprise's extensive midstream pipeline and storage network with Chevron's sub-surface expertise to create opportunities to capture, aggregate, transport and sequester carbon dioxide in support of the evolving energy landscape.
YMAB

Hot Stocks

09:12 EDT Y-mAbs Therapeutics announces priority view of BLA for DANYELZA in China - Y-mAbs Therapeutics announced that its partner SciClone Pharmaceuticals has been granted priority review of the Biologics License Application for DANYELZA for the treatment of patients with relapsed/refractory high-risk neuroblastoma by the Center for Drug Evaluation of China's National Medical Products Administration. "We are pleased to see SciClone Pharmaceuticals receive priority review of the DANYELZA BLA in China. Priority review in China is intended to expedite review and approval, which means that we could potentially be facing approval and launch of DANYELZA in China as soon as the first quarter of 2022," commented Thomas Gad, founder, Chairman and President at Y-mAbs. Researchers at MSK developed DANYELZA, which is exclusively licensed by MSK to Y-mAbs.
CLDX

Hot Stocks

09:12 EDT Celldex initiates CDX-0159 subcutaneous formulation study - Celldex Therapeutics announced that the first cohort has been dosed in the Phase 1 study of the subcutaneous formulation of CDX-0159 in healthy volunteers. CDX-0159 is a humanized monoclonal antibody that specifically binds the receptor tyrosine kinase KIT with high specificity and potently inhibits its activity. The Company intends to utilize the subcutaneous formulation of CDX-0159 in its Phase 2 program in chronic urticarias, planned for initiation in the first half of 2022. Celldex is currently studying an intravenous formulation of CDX-0159 in Phase 1 studies in chronic spontaneous and chronic inducible urticarias and will initiate a third intravenous study in prurigo nodularis later this year. The randomized, double-blind, placebo-controlled Phase 1 study will evaluate single ascending doses of CDX-0159 administered subcutaneously in healthy volunteers. Thirty two subjects will be enrolled across four dosing cohorts with 8 subjects in each cohort. Subjects will be followed for 12-weeks after dosing. The primary endpoints of the study are safety and tolerability; secondary endpoints include pharmacokinetics, pharmacodynamics, and immunogenicity.
DCT

Hot Stocks

09:10 EDT Duck Creek Technologies appoints Jeff Winter as CMO - Duck Creek Technologies announced that Jeff Winter has joined the company as Chief Marketing Officer. Winter will be responsible for developing and executing the company's global marketing strategy, including brand expansion, pipeline generation, product marketing, and customer marketing, reporting to CEO Michael Jackowski and joining Duck Creek's Executive Committee. Winter joins Duck Creek from Rocket Software, a global leader in the mainframe and legacy platform space, where he served as Chief Marketing Officer.
FTNT

Hot Stocks

09:10 EDT Fortinet, Linksys joint venture to deliver secure enterprise solution for remote - Fortinet announced a new joint solution to enable enterprise organizations to support and secure work-from-home networks. Linksys HomeWRK for Business Secured by Fortinet is an enterprise solution to deliver secure network connectivity for both corporate and personal needs in one easy-to-setup unit optimized for business applications and collaboration tools, including Zoom. The announcement serves as another proof point of both companies' long-term commitment to delivering enterprise-grade performance and security for the hybrid era, and follows earlier news of Fortinet's investment in Linksys and the launch of Linksys HomeWRK for Education Secured by Fortinet to bring reliable connectivity and security to students at home. To enable enterprise IT teams of all sizes to ensure enterprise-grade security and high-performance connectivity for remote and hybrid workers at home, Fortinet and Linksys are launching Linksys HomeWRK for Business Secured by Fortinet. This offering builds on Fortinet's commitment to build a safer Internet by protecting people, devices, and data everywhere, and delivers the following key benefits for enterprise organizations: Fast, Reliable, and Secure Wi-Fi Mesh Connectivity; Optimized for Zoom to Boost Team Collaboration; Enterprise-grade Security from Fortinet; Zero-touch Provisioning Simplifies Installation; and etc. "Our goal was two-fold. First, make it very simple for anyone to set up a fast and reliable home Wi-Fi network. Second, provide enterprise IT with the ability to secure and manage the business aspects of that work-from-home Wi-Fi network just as they do with any other device attached to the network. The Linksys and Fortinet joint venture is not just a simple OEM agreement of two distinct parties, it's the start of a completely new market," said John Maddison, EVP of products and CMO at Fortinet.
NOMD

Hot Stocks

09:09 EDT Nomad Foods and food company BlueNalu team to debut cell-cultured seafood - Nomad Foods, and BlueNalu, a food company developing a variety of seafood products directly from fish cells, have agreed to explore the introduction of cell-cultured seafood in Europe, where demand for sustainably produced, healthy seafood products continues to grow. Europe is the largest importer of seafood in the world due to high consumption rates, with EU citizens consuming more than three times as much as they produce. The agreement represents the first of its kind in Europe between a consumer packaged goods company and a cell-cultured seafood company, and underpins Nomad Foods' commitment to sustainable growth through the development and scaling of emerging food technologies. The agreement also signifies a mutual interest in the commercialization of cell-cultured seafood in Europe to help meet rising demand and support wider efforts to safeguard the long-term availability of quality, affordable seafood that is healthy for people and sustainable for the planet. It includes a collaboration to conduct market research and identify consumer insights, assess regulatory requirements, and explore new business and product opportunities that would be unlocked by the introduction of cell-cultured seafood throughout Europe. Stefan Descheemaeker, Chief Executive Officer, Nomad Foods, said: "The food industry is at a transformational moment as consumer demand for nutritious, high-quality food is growing, the importance of sustainability has never been more apparent, and the role of technology in delivering these needs is accelerating.
AU KOR

Hot Stocks

09:09 EDT AngloGold Ashanti to acquire Corvus for C$4.10 per share in cash - AngloGold Ashanti Limited (AU) and Corvus Gold Inc. (KOR) are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which AngloGold Ashanti has agreed to acquire the remaining 80.5% of common shares of Corvus not already owned by AngloGold Ashanti at a price of C$4.10 per common share in cash. The total Transaction cost to AngloGold Ashanti is estimated to be approximately US$370 million. The Transaction implies a total equity value for all Corvus common shares and outstanding options to acquire common shares of approximately C$570 million. The Offer Price represents a premium of approximately 26% to the closing price of Corvus common shares on the Toronto Stock Exchange on 12 July 2021, the day prior to the announcement that AngloGold Ashanti submitted a non-binding proposal to Corvus, and a premium of approximately 59% to the closing price of Corvus common shares on the TSX on 5 May 2021, the day prior to the announcement of the loan agreement and exclusivity. The combination of Corvus and AngloGold Ashanti's Nevada assets further consolidates one of the largest new gold districts in Nevada and provides the opportunity for AngloGold Ashanti to establish, in the medium and longer term, a meaningful, low-cost production base in a premier mining jurisdiction. Consolidation of the Beatty District has the potential for significant synergies due to economies of scale and integrated infrastructure, including processing facilities at an attractive capital intensity. The combined Beatty District asset base allows for streamlined engagement with federal, state and local stakeholders to advance and achieve shared sustainability goals and other district benefits, such as opportunities to design projects incorporating renewable energy, as well as develop conservation and other local projects in conjunction with the Beatty community. AngloGold Ashanti's conceptual development plan for the district envisions North Bullfrog being developed first, with production in the next three to four years, followed by Silicon, Merli and Mother Lode. Targets will be considered with strict reference to AngloGold Ashanti's capital allocation framework. Further details on AngloGold Ashanti's integrated development plan for the Beatty District will be communicated during 2022. The Transaction will be implemented by way of a statutory plan of arrangement under the Business Corporations Act. The Transaction will be subject to the approval of: 66 2/3% of the votes cast by the holders of Corvus' common shares, including votes attached to common shares held by AngloGold Ashanti, present in person or represented by proxy at the special meeting relating to the Transaction; and the Shareholders and the holders of options, voting together as a single class, present in person or represented by proxy at the Special Meeting; and a simple majority of the votes cast by the Shareholders present in person or represented by proxy at the Special Meeting, excluding votes attached to common shares held by AngloGold Ashanti and any other person as required to be excluded under section 8.1(2) of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. In addition to securityholder approval, the Transaction is subject to the receipt of court approval and other customary closing conditions for transactions of this nature. The definitive arrangement agreement includes customary deal-protection provisions. Corvus has agreed not to solicit or initiate any discussion regarding any other business combination, subject to customary "fiduciary out" rights. Corvus has also granted AngloGold Ashanti a right to match any superior proposal and will pay a termination fee of C$19 million to AngloGold Ashanti under certain circumstances, including if the definitive arrangement agreement is terminated in connection with Corvus pursuing a superior proposal. Sprott Funds Trust, along with the directors and officers of Corvus, holding common shares and options reflecting in aggregate, approximately 34.7% of Corvus' issued and outstanding common shares (on a fully diluted basis and excluding shares held by AngloGold Ashanti), have entered into voting support agreements with AngloGold Ashanti, pursuant to which they have agreed, among other things, to vote their Corvus securities in favour of the Transaction. Together with the shares already owned or held by AngloGold Ashanti, this represents approximately 46.3% of Corvus' issued and outstanding shares. The Transaction is expected to close in Q1 2022. The Transaction will be funded from AngloGold Ashanti Holdings plc's current cash balance. No shareholder vote will be required by AngloGold Ashanti shareholders.
F LOW

Hot Stocks

09:08 EDT Ford announces Mike Amend to join as chief digital and information officer - Ford (F) announced its new chief digital and information officer, Mike Amend, who "will help focus the company use of data, software and technology to drive growth and create value for customers and other stakeholders." Amend was previously president, Online, at Lowe's (LOW) for the past three years. He starts with Ford today and reports to President and CEO Jim Farley, the company stated. Reference Link
SRAX

Hot Stocks

09:07 EDT Srax to issue one-time special dividend on September 20 - Srax announced they will be issuing a one-time special dividend to shareholders of record on September 20. Srax will be issuing non-tradable preferred shares to shareholders of record on September 20. The preferred shares will hold approximately $6.5M worth of Sequire clients stock, and as the shares are sold, the proceeds will be distributed to the preferred shareholders periodically.
TACO

Hot Stocks

09:07 EDT Del Taco signs new 10-unit franchise development agreement in Virginia Beach - Del Taco Restaurant has signed a deal with Bharat Patel and Steve Kissel of Virginia Taco to open 10 units in the state of Virginia - a new state on the Del Taco roster. The deal will give the franchise group rights to open in Virginia Beach, Chesapeake, Portsmouth, Norfolk, Hampton, and Newport News and helps pave the way for additional growth in Southern Virginia and throughout the Carolinas. "We've set our sights on expanding Del Taco's presence throughout the broader Southeast region for several years now. Finding the right franchise partner in Southern Virginia, a new area for the brand to create raving Del Taco fans is just another fantastic step in realizing our expansion goals," said Jeff Little, SVP of Development. "The team at Virginia Taco has an impressive track record and their values perfectly align with Del Taco's, so the decision to partner with them to continue our growth in the Southeast was an easy one." With development areas open across the U.S., Del Taco is continuing to seek multi-unit operators who are looking for the opportunity to claim a territory and grow alongside the company, particularly in the Carolinas, Florida, Georgia and more.
ABCL

Hot Stocks

09:05 EDT AbCellera acquires biotechnology firm TetraGenetics in all cash transaction - AbCellera announced it has acquired TetraGenetics , a biotechnology company with a proprietary platform for generating recombinant human ion channels and other transmembrane proteins, in an all-cash transaction that includes an upfront payment, the potential for payments based on the achievement of technical milestones, and additional development and commercial milestone payments related to successfully developed therapeutics. TetraGenetics has leading technology and expertise in the expression and purification of ion channels, G protein-coupled receptors, GPCR, and other transmembrane proteins, which are implicated in many human diseases, including pain and autoimmune disorders. High-value transmembrane proteins have proven extremely difficult to produce, making the generation of antibodies against them even more challenging. TetraGenetics has established a protein expression platform that addresses these production challenges and is uniquely able to generate highly pure, complex transmembrane proteins in quantities large enough to support antibody discovery. Integrating TetraGenetics' capabilities into AbCellera's technology stack provides an optimized protein source for AbCellera's antibody discovery. Together, these technologies have the potential to unlock the discovery of antibodies against these validated and sought-after drug targets.
AU KOR

Hot Stocks

09:05 EDT AngloGold Ashanti to acquire Corvus for C$4.10 per share in cash
LKCO

Hot Stocks

09:05 EDT Luokung Technology: eMapGo to provide technical services for Heilongjiang Mobile - Luokung Technology announced that its operating affiliate, eMapGo Technology Co., has signed an agreement to be the technical service provider for the management of market and service information for China Mobile Group Heilongjiang Co., Ltd., the Heilongjiang division for China Mobile, the leading telecommunications provider in mainland China. This agreement is in effect through December 31, 2022.
SLGC

Hot Stocks

09:04 EDT SomaLogic announces strategic collaboration with UPMC - SomaLogic announced a strategic collaboration with leading health system UPMC to explore how the large-scale study of proteins and their functions in the body can effectively be used in clinical care. As part of the agreement, UPMC and SomaLogic will establish a collaboration to promote the use of proteomic data in building healthier communities, improving patient care and reducing healthcare costs. The collaboration will include clinical research and development projects that establish the groundwork for use of proteomics as part of the larger vision for modern healthcare. The agreement with UPMC is part of SomaLogic's SomaSignal Proteomics for Precision Medicine Initiative, the first large-scale, clinically focused partnership effort aimed at equipping healthcare providers with the power of proteomic technology to inform decisions at the point of care. SomaLogic can run approximately 7,000 protein measurements on a single 55-microliter plasma or serum sample. The company has run more than 450,000 samples to date.
AI

Hot Stocks

09:03 EDT C3.ai awarded Missile Defense Agency production OT agreement - The Missile Defense Agency, or MDA, awarded a Production Other Transaction, or OT. Agreement to C3 AI to aid in enterprise AI development initiatives across the agency. C3 AI was previously competitively selected for award of a Prototype OT to demonstrate the C3 AI Suite's ability to develop a Generative Modeling Application for hypersonic missile trajectories. The Production OT is a standalone follow-on to a Defense Innovation Unit Prototype OT. It builds upon the success of previous prototype efforts centered on applying AI to digital engineering initiatives such as the design of experiments, scenario simulation, and generative modeling.
GEVO

Hot Stocks

09:03 EDT Gevo comments on Whire House efforts on SAF Grand Challenge - Gevo is pleased to share the news that the U.S. Department of Energy, the U.S. Department of Transportation, and the U.S. Department of Agriculture entered into memorandum of understanding outlining the Sustainable Aviation Fuel Grand Challenge. The Grand Challenge spells out action steps to reduce the cost, enhance the sustainability, and expand the production and use of Sustainable Aviation Fuel that achieves a minimum of a 50 percent reduction in lifecycle greenhouse gas compared to conventional fuel to meet a goal of supplying sufficient SAF to meet 100 percent of aviation fuel demand by 2050. Secretary Jennifer M. Granholm of the DOE, Secretary Pete Buttigieg of the DOT, and Secretary Tom Vilsack of the USDA, along with NASA Administrator Bill Nelson and the Department of Defense represented by Secretary Frank Kendall III of the Air Force, all participated in the roundtable to discuss the details of the Grand Challenge. The MOU states that, "increased production of SAF will play a critical role in a broader set of actions by the United States Government and the private sector to reduce the aviation sector's emissions in a manner consistent with the goal of net zero emissions for our economy, and to put the aviation sector on a pathway to full decarbonization by 2050. In recognition of the critical role that drop-in synthesized hydrocarbon fuels from waste streams, renewable energy sources, or gaseous carbon oxides-or SAF-will play in addressing our climate change crisis and its role for jobs and the economy, the Parties undertake this MOU to ensure the highest level of collaboration and coordination across our Agencies." Dr. Patrick Gruber, chief executive officer of Gevo, shared his thoughts at a virtual White House Roundtable to discuss the future of SAF, along with other industry leaders. As a near-term goal, government and aviation stakeholders pledged to try to achieve 3 billion gallons of SAF production and reduce aviation-related emissions by 20 percent by 2030. "This is an exciting time for our industry," Gruber said. "We are both honored and thankful to have been included in this collaborative event. Through Gevo's current off-take agreements with Delta Airlines, Trafigura, Haltermann Carless, Air Total, and SAS, as well as the proposed collaboration with Chevron, we are ready to take on the Grand Challenge, and are already approaching a potential combined off-take of 250 million gallons per year of advanced hydrocarbon products, which include SAF."
MMM

Hot Stocks

09:03 EDT 3M down 1% after discussing inflation, chip shortage impacts at conference - Shares of 3M are down 1% to $182.70 in pre-market trading as the company's CFO Monish Patolawala presents at Morgan Stanley's Laguna Conference and discusses the impacts of cost inflation, pricing and the ongoing industry-wide semiconductor shortage.
AXP YOU

Hot Stocks

09:03 EDT Resy, American Express partner with Clear Secure to provide free Health Pass - As restaurants grapple with evolving vaccine requirements and the complexity of operating amidst COVID-19, Resy, the hospitality technology platform owned by American Express (AXP), is partnering with Clear (YOU) to provide Clear's Health Pass technology to all Resy restaurants free of charge through 2022. Health Pass by Clear - a premium tool within the CLEAR app - allows employers to manage staff health and safety protocols digitally, so the process is streamlined and simpler.
LMPX

Hot Stocks

09:03 EDT LMP Automotive acquisition agreement to purchase 5 import dealerships in Texas - LMP Automotive announced its entry into a definitive acquisition agreements to purchase five import dealerships in Texas, including the associated real estate, generating approximately $592M in annualized revenue and $35M in adjusted EBITDA. The deal is: expected to close in the fourth quarter of this year; aggregate purchase price of approximately $62.5M for goodwill expected to be funded through a combination of cash on LMP's balance sheet, up to $6.25M in common stock and debt financing; aggregate real estate price of approximately $55M; and expected to add approximately $35M in adjusted EBITDA or $2.95 per share in 2022. Richard Aldahan, LMP's Chief Operating Officer, stated, "This acquisition will further expand our management team and footprint in the central region. This will be the final acquisition we expect to close this year, which completes our Stage 2 acquisition plan. All future perspective acquisitions we expect to consolidate in our Stage 3 plan for closings in 2022."
CRDF

Hot Stocks

08:59 EDT Cardiff Oncology CFO buys 30K share of common stock - In a regulatory filing, Cardiff Oncology disclosed that its CFO James Levine bought 30K shares of common stock on September 10th in a total transaction size of $194K. Shares of Cardiff Oncology are up over 4% in pre-market trading at $6.57 per share.
MMM

Hot Stocks

08:51 EDT 3M CFO says 'inflation is higher than we even thought' in Q3 - While presenting at Morgan Stanley's Laguna Conference, 3M CFO Monish Patolawala stated in part, according to a transcript of the event: "As you've seen our results for the first half, we had a pretty good start to the first half. The team delivered strong organic growth, improved margins. We have also had good cash flow... On the long term, when I look at the business, we still feel very bullish about the trends that exist that have come through the pandemic... And so we are continuing to invest despite all the uncertainty in our growth, productivity and sustainability goals. And then if we come back to the short term [...] during our earnings update, we had talked about some of the uncertainties that we are seeing in the world. And I think it's starting to play itself out... All of us are experiencing the semiconductor shortages that are not just linked, I would say, to automotive and electronics, but you're starting to see it impact a lot of industries. The outbreak of the Delta variant continues to impact the world. As well as Hurricane Ida has also put more stress now on already stressed supply chains, causing a lot of inflation as well as material availability across -- issues across the globe. So if I take it one notch lower, I'll just start with auto, the semiconductor shortage impacting both auto, electronics. Auto, you're seeing a lot of OEMs are shutting down manufacturing because of the lack of semiconductor chips. Auto, which was expected to be down minus 3% for the second half of the year, auto builds, is now going to be down 6% for the second half. Electronics is getting impacted. So consumer electronics, TVs, are all getting impacted by the chip shortage. But also TVs, we are seeing that factories are being shut down because of the Delta variant in many parts of the world. So that's going to put more pressure on basically what was already going to be a negative year-over-year comp and it's going to make it worse. When I move over to health care, you're seeing uneven recovery in health care. So in certain places, you're seeing procedures remaining as they were. In certain cases, you are seeing procedures starting to come down. We see right now that North American elective procedures will be approximately 90% of pre-pandemic levels. Going into the third quarter, we have thought we would be closer to the 90% to 95%, but we're going to be at the lower end, and even lower depending on where it goes... Moving over to raw materials. Again, I think the inflation is unprecedented. We are seeing inflation in the same areas I talked about earlier, jobs, raw material, labor and logistics. Raw materials, again, you go down to polypropylene, you talk about resins, that inflation remains. We saw it dip a little bit, it's back up again. And then logistics cost, we read about it, you read about it, you all have written about it, where you're seeing port congestion, you're seeing a lot of pressure on logistics costs. And so when we look at all the inflation and all these metrics that we look at, we had talked about a 65c to 80c headwind for the year. We see ourselves currently at the higher end of that range as well as we haven't yet factored in the impact of Hurricane Ida because I think people are still just coming off Hurricane Ida, we'll have to figure out what material availability is and we'll see where that goes. And our plan is to update you during our earnings conference in October. Price, we are gaining price. So we have been able to gain price versus the first half, pretty much to what we expected, so price is up. Unfortunately, inflation is higher than we even thought in the third quarter. So despite taking price up, getting the positive, we are seeing inflation outstrip price. So when we come in at earnings, we had told you 50 to 100 basis points of pressure between the net of price raw. Currently, we look at it somewhere between 100 to 150 basis points of pressure in Q3... But again, it's 2 months in. We got a month to go, September is a big month for us, the team's all focused on making sure we are delivering for our customers, reducing the cost where we can, increasing price. But at the same time, we are bullish about the long term. So we're going to continue to invest in growth, productivity and sustainability and we'll keep fighting this."
DTSS

Hot Stocks

08:51 EDT Datasea announces $4.33M new contract with Hubei Kuanyun - Datasea announced that its wholly-owned subsidiary company named Shuhai Zhangxun Information Technology had entered into a short messages business sales cooperation agreement to provide Short Message and 5G Multimedia Message Services to Hubei Kuanyun Network Technology. Under the Agreement, Shuhai Zhangxun will provide Messaging Services to help Hubei Kuanyun reach its clients, including suppliers, business partners, and customers. The Messaging Services include but are not limited to granting Hubei Kuanyun 1) access to Shuhai Zhangxun Short Message and 5G Multimedia Message platforms; 2) an access code issued by the Ministry of Industry and Information Technology to adopt the services, and 3) the telecommunications gateways of the three major Chinese mobile operators to allow data to flow from one discrete network to another. Hubei Kuanyun undertakes the total purchase value of this engagement would be no less than approximately $4.33M. The term of the Agreement is one year. "I'm very pleased to announce the new agreement with Hubei Kuanyun on 5G Multimedia Messaging Services. This cooperation demonstrates Datasea's ability to provide bulk messaging services and a growing market recognition in our technology advantages, products, and effective service delivery," said Zhixin Liu, CEO of Datasea. "We'll keep upgrading our 5G messaging products, applications scenarios, and pricing models with the advanced technology on hand and client-centric approach in mind. Datasea aims to be a trusted business partner for millions of small and medium-sized enterprises in China and be an industry leader in 5G messaging marketing and cloud business solutions."
TOMZ

Hot Stocks

08:49 EDT TOMI Environmental Solutions launches Amazon store for SteraMist products - TOMI Environmental Solutions launched a new Amazon store for select SteraMist products, including the recently launched SteraPak, in the USA. TOMI has partnered with Orca Pacific to build and optimize TOMI's Amazon store and to execute advertising initiatives for TOMI's products. In partnering with Orca and launching an Amazon store, TOMI enables businesses and consumers to easily gain access to its leading hospital-healthcare and broad-spectrum disinfectant products.
CNDT

Hot Stocks

08:49 EDT Conduent selected by VDOT to operate, maintain tolling system for I-64 - Conduent Transportation, a global business unit of Conduent Incorporated, announced a contract from the Virginia Department of Transportation, or VDOT, to design, implement and operate express tolling lanes along Interstate 64 in the Hampton Roads region of the state. The company's technology will enable flexible, dynamic pricing and license plate image reviews, as well as the option to implement vehicle occupancy detection - all to improve the flow of traffic and relieve congestion. Following a 16-month implementation period involving system design, testing and installation, Conduent will operate and maintain multiple tolling zones of the I-64 Express Lanes network. VDOT will use data analytics to determine toll rates based on the volume of traffic during different times of the day. The lanes and system are currently expected to be completed by the end of 2022. The contract, valued at approximately $51M, includes a three-year base term plus a total of nine one-year options.
DMAC

Hot Stocks

08:48 EDT DiaMedica starts trial of DM199 for the treatment of acute ischemic stroke - DiaMedica Therapeutics announced the initiation of the first site for its pivotal ReMEDy2 Trial, a Phase 2/3 clinical study of DM199 for the treatment of acute ischemic stroke, AIS. The ReMEDy2 Trial is a randomized, double-blind, placebo-controlled Phase 2/3 adaptive trial designed to enroll 350 patients at 75 sites in the United States. Patients enrolled in the study will be treated with either DM199 or placebo within 24 hours of the onset of AIS symptoms. The study excludes patients treated with tissue plasminogen activator tPA and those with large vessel occlusions. The study population is representative of the 80% of AIS patients who do not have treatment options today, primarily due to the short treatment window of 4.5 hours required for administration of tPA. The ReMEDy2 trial has two primary endpoints and is powered for success with either endpoint: 1. recovery from stroke as measured by the well-established modified Rankin Scale, mRS, at day 90, and 2 the rate of ischemic stroke recurrence at day 30. Recurrent strokes represent 25% of all ischemic strokes, often occur in the first few weeks after an initial stroke and are typically more disabling, costly, and fatal than initial strokes. Secondary endpoints for the study will evaluate participant deaths, mRS shift which shows the treatment effect on participants across the full spectrum of stroke severity and additional standard stroke scores. "Our investigators are enthusiastic to study a promising new therapy for their patients with the flexibility of a 24-hour treatment window, particularly given the challenges in emergency medicine today," said Rick Pauls, DiaMedica's Chief Executive Officer. "By either or both improving overall recovery and reducing the risk of a recurrent stroke, DM199 could be the first new therapeutic in 25 years that could meaningfully change outcomes for stroke patients. Stroke represents a significant, unmet medical need for approximately 700,000 patients annually in the U.S. and millions more globally."
SDC

Hot Stocks

08:48 EDT SmileDirectClub donates oral health essentials to Afghan refugees - SmileDirectClub announced an ongoing partnership with global humanitarian aid and relief organization, the International Rescue Committee, to provide oral hygiene essentials including the brand's toothbrushes and toothpaste to Afghan refugees in the United States. As 64,000 children, women, and men escape grave danger in Afghanistan and seek shelter, SmileDirectClub recognizes the dire need for continuous aid and will donate a total of 20,000 toothbrushes and toothpaste for refugees throughout the next year.
LGIQ

Hot Stocks

08:47 EDT Logiq receives Indonesian Government approval offer for micro-lending services - Logiq has received approval of an annual lending rate from the Indonesian Government to provide micro-lending services to the more than 50M members of Badan Perlayanan Jaminan Sosial Ketenagakerjaan, BPJSTK. BPJSTK manages the pensions and health benefits for these members in Indonesia. The lending rate approval follows Logiq's earlier announced launch of a program to provide mobile fintech services in an exclusive strategic alliance with the country's social security program provider, Koperasi Mona Santoso Berjaya. The rate approval allows Logiq to begin the initial rollout of its new mobile fintech offering to the 5M contract and delivery drivers of Garda Digital Indonesia, a membership organization overseen by BPJSTK, as well as 6,000 government body employees. Under their exclusive alliance, Logiq and KMSB are developing a jointly owned and operated mobile fintech platform designed to deliver these mobile financial services throughout Indonesia. Logiq, through its Indonesian operations, is providing the platform design and technology, management, ongoing hosting and technical support. KMSB is providing the professional and financial institutional relationships that will drive the micro-lending program. The partners are also working to launch a new marketing and advertising campaign designed to encourage adoption and regular use of the mobile fintech offerings. Through the new fintech platform, KMSB will provide micro-lending services to government, state-owned enterprises and member organizations registered with BPJSTK. As part of managing the pensions and health benefits for contract and delivery driver members, BPJSTK serves as the social security agency that administers retirement and pension plans on behalf of Indonesian government entities and about 600,000 small- and medium-sized businesses, with the combined total of 50 million individual members. The mobile fintech platform is planned to be eventually introduced to all BPJSTK members, as well as to affiliated organizations, such as Mentalku, which supports the motor vehicle license administration, and Sehatku, a medical clinic organization network.
ARGO

Hot Stocks

08:47 EDT Capital Returns urges Argo Group board to begin strategic alternatives review - Capital Returns Management, one of the largest shareholders of Argo Group, sent a letter to the company's Board of Directors urging the Board to commence a strategic alternatives process and objectively consider a sale of the full company. In the letter, Capital Returns expressed the belief that Argo has an exceptional U.S. specialty business whose results are both restricted by capital constraints and obscured by Argo's lackluster international businesses. In the letter, Capital Returns concludes that "exploring the sale of the entire company is the optimal and necessary next step to maximize shareholder value." Capital Returns believes that such a sale could yield a price of $80 per Argo share, or more, based on a sum-of-the-parts analysis and comparable trading multiples.
MECVF

Hot Stocks

08:47 EDT mdf Commerce extends eprocurement footprint in Canada - mdf commerce announced the onboarding of eight new agencies and municipalities to the Government of Newfoundland and Labrador's merx electronic procurement solution, strengthening its eprocurement leadership position in North America. First launched in November 2020, the quick and successful onboarding of additional agencies reinforces mdf commerce as a trusted partner for province-wide eprocurement solutions, which will soon be enhanced with the Periscope Holdings offering. Since the onboarding of the GNL, more than 3,000 supplier organizations have accessed close to 900 solicitations with more than 1,000 bids submitted via the electronic submission option. The end-to-end eprocurement platform offered by mdf commerce effectively manages and is designed to ensure that all bid opportunities from these agencies are competitive, fair and transparent while complying with all required public policies and legislation. Vendors benefit from self-serve profile management capabilities, timely notifications and a start-to-finish online submission. Virtual introductory sessions are available on-demand for those new to the system. The latest agencies that joined are: NL Provincial Health Shared Services Supply Chain, the supply chain lead for all commodities being sourced and undergoing contract on behalf of all Regional Health Authorities and the Newfoundland and Labrador Centre for Health Information. WorkplaceNL, chief administrator of an employer-funded, no-fault workers' compensation system. The College of the North Atlantic, one of the largest post-secondary educational and skills training systems in Atlantic Canada with 17 campuses plus partner universities and technical colleges in China and Qatar. Memorial University of Newfoundland, one of the top 20 research universities in Canada, representing 30 research centers, five campuses and more than 19,000 students. MUN, already a long-time mdf commerce customer, expanded their use of e-solicitation capabilities with the added efficiency of e-bidding. New municipalities include: City of Corner Brook; Town of Logy Bay-Middle Cove-Outer Cove; Town of Point Leamington; Town of Carbonear.
BTCS

Hot Stocks

08:45 EDT BTCS to commence trading on Nasdaq - BTCS announced that The Nasdaq Stock Market LLC has approved the listing of the Company' common stock on The Nasdaq Capital Market. The Company's common stock will begin trading on Nasdaq under trading symbol "BTCS" at the open of the market on Tuesday, September 14, 2021.
AFCG

Hot Stocks

08:44 EDT AFC Gamma expands existing senior secured credit facility with Devi Holdings - AFC Gamma announced it has expanded its senior credit facility by $30 million to Devi Holdings Inc., doing business as Nature's Medicines, a multi-state operator headquartered in Phoenix, Arizona. The credit facility is designed to provide Nature's Medicines with additional capital to complete strategic acquisitions and further expand its existing business operations. AFC Gamma has committed an additional $20 million under the expansion to the credit facility, and now holds $62.5 million in total of the expanded credit facility, and $10 million of the expansion was syndicated to an affiliate. The loan is secured by a first-lien mortgage on all of Nature's Medicines owned real-estate and other commercial-security interests. AFC Management, LLC served as Lead Agent for the transaction.
MANH

Hot Stocks

08:44 EDT Manhattan Associates to modernize distribution, operations of Imperfect Foods - Manhattan Associates announced that Imperfect Foods has selected Manhattan Active Warehouse Management to modernize its distribution operations and support its rapid and ongoing growth. Implementation is set to complete in Q4 2021 at its pilot distribution center in San Antonio, Texas, with its remaining five DCs to immediately follow. "We are proud to partner with such an innovative and environmentally friendly organization," said Bob Howell, senior vice president, Americas. "Having recently announced its pledge to become a net-zero carbon operation by 2030, Imperfect Foods will benefit from the many advanced features that improve supply chain sustainability found in Manhattan Active WM. We look forward to helping Imperfect Foods take this important initiative and its overall business success to the next level."
LEGN

Hot Stocks

08:44 EDT Legend Biotech starts U.S. trial to evaluate LB1901, CAR-T, therapy for CTCL - Legend Biotech has announced the start of a Phase 1 clinical trial in the United States for LB1901, an investigational autologous CD4-targeted chimeric antigen receptor T-cell, CAR-T, therapy for the treatment of adults with relapsed or refractory peripheral T-cell lymphoma PTCL or cutaneous T-cell lymphoma, CTCL. LB1901 targets CD4, a surface membrane glycoprotein uniformly expressed in most TCL subtypes. The trial follows the U.S. Food and Drug Administration clearance of the Investigational New Drug application submitted by Legend Biotech. The Phase 1 trial is being led by Dr. Swaminathan P. Iyer, Professor of Lymphoma & Myeloma at The University of Texas MD Anderson Cancer Center, and is an open label, multi-center and multicohort clinical study in patients with relapsed or refractory PTCL or CTCL . Recruitment in the trial has begun in the U.S. "We are excited by the promise of LB1901, and we look forward to further evaluating the safety and tolerability of LB1901. Determining the optimal dose for subsequent evaluation is one of the key objectives of this trial," said Dr. Lida Pacaud, Vice President of Clinical Development at Legend Biotech. "The number of patients who relapse or are refractory to current TCL treatments is significant, and this trial will provide important information about the potential of CAR-T therapy to treat this disease."
PHUN

Hot Stocks

08:42 EDT Phunware executes definitive agreement to acquire Lyte Technology for $10.3M - Phunware,has executed a definitive agreement to acquire Lyte Technology. The accretive transaction contemplates up to a $10.32M total purchase price in cash and stock, with $3.32M cash at closing and the remaining $7.00M subject to both time and financial performance requirements for the one year period post-closing. The maximum amount of stock issuable post closing would constitute $2.25M over 12 months and an additional $1.25M contingent upon generating $12.00M for the one-year period post closing. "We are extremely excited to announce our first acquisition since going public, adding not only talent and profitable revenue to our P&L, but also a key strategic distribution network for our blockchain initiatives," said Alan S. Knitowski, President, CEO and Co-Founder of Phunware. "Although we just recently launched PhunCoin and PhunToken, this acquisition is an important first step in achieving our longer-term strategy of activating a worldwide distributed network of high-end computer systems that can serve as decentralized oracles, validators and nodes that efficiently bridge the gap between external data on the existing web and blockchain-based applications on mobile." The acquisition is expected to formally close within the next 30 to 45 days when customary closing conditions are fulfilled by both parties. Upon closing, Lyte Technology's operations and leadership will relocate to Austin, Texas. For more information, please reference the Company's public filings here.
XELA

Hot Stocks

08:41 EDT Exela Technologies expands PCH Global Cloud Solution with insurer - Exela Technologies announced an expansion with one of the largest insurance carriers in the country. This expansion highlights the Company's ability to rapidly implement PCH Global for claims submitted by providers, in this case servicing members that are from low income and disadvantaged communities across America. Exela continues to invest in expanding PCH Global's capabilities to provide a cloud hosted solution with one of the best edit resolutions for healthcare claims. This extension of deployment marks another milestone in the value proposition of the PCH Global platform to digitally connect members, providers and insurance companies for clean claims, payment transparency and digital appeals. Additionally, this expansion further augments an existing $180 million Total Contract Value relationship.
GP

Hot Stocks

08:40 EDT GreenPower Motor delivers first all-electric BEAST school bus - GreenPower Motor Company announced that the first BEAST school bus has been delivered to Santa Maria Joint Union High School District. Santa Maria Joint Union High School District consists of four high schools, with a fleet of over 30 buses. The transaction was facilitated by GreenPower's distribution partner, Creative Bus Sales, one of the largest bus dealers in the country with 22 locations nation-wide. Brendan Riley, President of GreenPower commented, "This first BEAST delivery represents the culmination of several years of planning and a great deal of hard work that has gone into the production ramp over the last several quarters. We are now in position to see BEAST deliveries accelerate through the end of the year and well beyond." Riley continued, "We applaud Santa Maria for their commitment to provide clean, healthy transportation to their students and look forward to assisting school districts across the country with the electrification of their fleets."
ALTO

Hot Stocks

08:40 EDT Alto Ingredients to install Harvesting Technology's CoPromax - Alto Ingredients will install Harvesting Technology's patented CoPromax protein system at Alto Ingredients' Magic Valley, Idaho facility. "We are upgrading our Idaho facility with the installation of the CoPromax protein system as an integral part of our strategy to expand and diversify our essential ingredient product offerings. This system will produce new, concentrated protein feed and food ingredients," said CEO Mike Kandris. "Upon completion, the CoPromax system will produce over 33,000 tons annually of feed with a protein content greater than 50%. It will also provide the added benefit of increasing corn oil yields by 50%, or almost 9 million pounds annually. We conservatively expect the combination will result in an annual increase of $7.8 million in gross profit and approximately $9.0 million of EBITDA. This represents approximately 15 cents per gallon and a payback of less than three years. We expect the growing demand for protein in the cattle, poultry, pork, and aquaculture industries to provide market support for our enhanced, high value protein product. We plan to resume operations at our Magic Valley facility, with an annual production capacity of 60 million gallons, and to commission the new system in the first half of 2022. With the successful completion of this installation, we expect to roll out the CoPromax systems, with similar economics at our other three dry mills totaling 190 million gallons of annual capacity as we build on our abilities to produce low carbon alcohols and essential ingredients into 2023 and beyond."
LOWLF AAWH

Hot Stocks

08:40 EDT Lowell Smokes now available exclusively at Ascend Wellness in Massachusetts - Lowell Farms Inc. (LOWLF) and Ascend Wellness Holdings (AAWH) announced that Lowell Smokes pre-rolls are now available in Massachusetts. The launch brings Lowell Smokes to the Bay State, which has enjoyed recreational cannabis since 2018. The partnership between Lowell Farms Inc. and AWH follows a similar launch last month in Illinois which has been well received. The Illinois launch initiated in Ascend dispensaries and has subsequently expanded to dispensaries state-wide.
CACI

Hot Stocks

08:39 EDT CACI wins $36M task order to advance USTRANSCOM's DPS - CACI International announced that it won a single-award task order to continue to provide enterprise technology support advancing the U.S. Transportation Command's, USTRANSCOM, Defense Personal Property System, DPS. Awarded under the Defense Information Systems Agency's Encore III contract vehicle, this task order is worth more than $36M and further expands CACI's work in digital modernization solutions. USTRANSCOM provides global air, land, and sea transportation for the Department of Defense DOD. Its services and information systems deliver synchronized transportation, distribution, and sustainment, enabling projection and maintenance of national power with efficiency and accuracy. DPS is USTRANSCOM's web-based system for managing personal property shipments for DOD employees and all service members, representing approximately 15% of all domestic and international moves. John Mengucci, CACI President and Chief Executive Officer, said, "Military service members and DOD personnel complete about 400,000 personal shipments a year. Easing this process with technology helps DPS ensure personal property are accounted for and transported safely. Using Agile-at-Scale methodologies and data analytics, CACI has deployed innovative software solutions to reduce technical debt, enhance productivity, improve usability, and maintain critical records at optimal cost and efficiency."
LITE

Hot Stocks

08:38 EDT Lumentum announces SmartTuning Multi-Source agreement with industry suppliers - Lumentum announced the formation of the SmartTuning Multi-Source Agreement group with other industry suppliers to standardize an interoperable self-tuning feature for full-band tunable dense wavelength division multiplexing pluggable optical transceivers. Simplified and automated optical solutions are critical to addressing the rapidly growing demand for high-capacity 5G and next-generation mobile networks. The SmartTuning MSA supports this by standardizing the self-tuning feature which will enable multi-vendor interoperability to aid the scale of 5G fronthaul applications.
SCYX

Hot Stocks

08:38 EDT Scynexis announce Hansoh Pharma's application to NMPA in China for Phase 3 study - SCYNEXIS announced that Hansoh Pharmaceutical Group has filed an investigational new drug application with the National Medical Products Administration, NMPA, of the People's Republic of China for a Phase 3 study evaluating the efficacy and safety of ibrexafungerp for the treatment of vulvovaginal candidiasis, also known as vaginal yeast infection. "This clinical trial application is a critical first step as Hansoh works to develop and bring this groundbreaking antifungal treatment to potentially millions of patients in China," said Marco Taglietti, M.D., President and CEO of SCYNEXIS. "We believe Hansoh Pharma has exactly the right capabilities and expertise to successfully develop and commercialize ibrexafungerp in China, and we are thrilled to see the team achieve this important milestone."
DSEY

Hot Stocks

08:38 EDT Diversey announces launch of private offering of senior notes - Diversey Holdings announced that its indirect, wholly-owned subsidiary, Diamond intends to offer up to $500.0 million aggregate principal amount of senior notes in a private offering, subject to market conditions and other factors. As previously disclosed, the Company has also commenced a process to refinance its existing senior secured credit facilities, which is expected to include the repayment of its existing term loan facilities and the entry into a new approximately $1,500 million senior secured term loan facility. It is intended that the net proceeds from the refinancing plus cash on hand will be used to repay in full the Company's outstanding borrowings under its existing term loan facilities, which will terminate in connection therewith. The Company intends to use the net proceeds from the sale of the notes, together with available cash, to redeem all of its existing 5.625% Senior Notes due 2025 at a redemption price equal to 101.406% of the principal amount thereof, plus accrued and unpaid interest thereon to, but not including, the redemption date, and to pay related fees and expenses. The obligation of the Company to redeem the 2025 Notes will be conditioned upon the consummation of the offering of new senior notes and the refinancing of the Company's existing senior secured credit facilities described above.
VMAR

Hot Stocks

08:37 EDT Limestone Boat Company ships two test models to Vision Marine Technologies - The Limestone Boat Company Limited announced that its first two Test Boats are en route to Vision Marine Technologies or fitting of their innovative EV Outboard engines.
MKD

Hot Stocks

08:37 EDT Molecular Data announces renowned player partnership - Molecular Data announced that it has reached a strategic partnership memorandum for a potential transaction, including a stake in a renowned Chinese logistics player with close to a decade of domain expertise. In 2020, the chemical logistics business surpassed the $50B mark and there are approximately 300,000 trucks being deployed in hazardous materials transportation. The collaboration will deploy systems to accurately dispatch these trucks and such a strengthened logistics capability will address inadequacies in the transactions, as customers will be able to increase logistics efficiency and reduce costs.
ECL

Hot Stocks

08:36 EDT Ecolab sees short-term impact on EPS due to Hurricane Ida - Ecolab commented on the effects of Hurricane Ida, saying it expects the company will see a short-term impact on EPS due to higher delivered product costs, temporary customer closures as well as temporary disruption at one of its major production facilities. The company does not expect a material impact on its strong top line growth and sees this as a one-time event which should not have significant impact beyond year-end, though these supply chain issues are likely to partially offset continued strong fundamental sequential and year-on-year earnings improvement in its business through the second half of 2021. Christophe Beck, Ecolab's president and chief executive officer, said, "We continue to expect strong year-on-year growth as well as further sequential sales and earnings per share improvements in 2021 led by a very successful Institutional recovery and continued improvements in the Industrial segment, as we remain focused on driving new business wins, product and service innovation, accelerating pricing, and investments in new hygiene and digital technologies. Further, we expect the strong underlying momentum to continue into 2022 as we build on these core business drivers. However, Hurricane Ida directly hit a key area for U.S. chemical production and is having a uniquely outsized impact on a number of companies, including us. We view this as another temporary impact to 2021 and remain confident in our fundamental business outlook as we continue to see improving year-over-year and sequential trends in our sales and earnings. We are undertaking the right actions to ensure our raw material supply, implement appropriate pricing for our products to reflect the higher input costs and to drive cost savings. While we are still assessing the situation and our corrective actions, we currently believe that the impact from Hurricane Ida will be close to the estimated $0.15 negative impact from the Texas freeze, with a significant impact in the third quarter. Our fundamental business progress remains solid with expected 2021 adjusted diluted earnings per share showing strong double-digit growth over 2020, and we expect the business momentum to continue into 2022."
TMTNF

Hot Stocks

08:36 EDT Toromont Industries files notice of intention for normal course issuer bid - Toromont Industries announced that it has filed with the Toronto Stock Exchange a notice of intention to make a normal course issuer bid for certain of its common shares through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems. Under this notice, Toromont is entitled to purchase up to 8,245,102 common shares, representing 10% of its 82,451,029 common shares in the "public float" as of August 31, 2021, during the 12-month period commencing September 15, 2021 and ending September 14, 2022 or such earlier date on which Toromont completes its purchases of shares under, or terminates, the NCIB. Toromont had 82,781,131 common shares issued and outstanding as at August 31, 2021. The maximum daily purchase limit allowed under this NCIB is 36,233 common shares. The average daily trading volume for the six-month period ending August 31, 2021 was 144,932 common shares. Exceptions may be made to this daily purchase limit in accordance with the "block purchase" exemptions of the TSX rules.
VVV CMI

Hot Stocks

08:35 EDT Valvoline, Cummins renew longstanding marketing, technology partnership - Valvoline (VVV) and Cummins (CMI) announced a five-year renewal of their longstanding marketing and technology partnership agreement. Under this renewal, Cummins will endorse and recommend Valvoline's Premium Blue engine oil for its heavy-duty diesel engines and generators and will sell Valvoline product through its multiple channels worldwide. Additionally, Cummins' plants across the globe will use Valvoline-supplied lubricants and oils in day-to-day operations.
AGCO

Hot Stocks

08:35 EDT Agco acquires precision livestock farming firm Faromatics, no terms - AGCO announced that it has acquired Farm Robotics and Automation S.L. ,a precision livestock farming company. Faromatics is the creator of ChickenBoy, the world's first ceiling-suspended robot that monitors broiler chickens and helps farmers increase animal welfare and farm productivity. ChickenBoy uses a complete set of sensors to measure thermal sensation, air quality, light and sound. It also uses artificial intelligence to identify risks to health, welfare and farm equipment. "This Faromatics acquisition supports our vision of being farmers' most trusted partner for industry-leading, smart farming solutions across every area of our business," said Eric Hansotia, AGCO's Chairman, President and Chief Executive Officer. "We're excited to create smart technology solutions for livestock producers, strengthen our existing capabilities, and accelerate innovation that helps our customers increase profitability while improving animal welfare." "We have now reached a moment where the combination of great technology with global market reach has the potential to make a lasting impact on animal welfare and farm productivity," said Dr. Heiner Lehr, CEO of Faromatics. "We are very excited to be joining the AGCO team."
GGAL...

Hot Stocks

08:35 EDT Argentine ADRs higher in pre-market following Sunday primary elections results - ADRs of some of the Argentine companies are moving sharply higher in pre-market trading after the results of primary legislative elections over the weekend. According to Reuters, the conservative opposition party fared well against the ruling Peronists in congressional primary, with a five percentage point lead in the key province of Buenos Aires. If repeated in the November 14th elections, the government may lose its majority in the Senate, the report states. Some of the larger ADRs rallying on the results are Grupo Financiero Galicia (GGAL), up 15.1%, YPF Sociedad Anonima (YPF), up 9.1%, and Grupo Supervielle (SUPV) up 14.2%. Reference Link
ABVC

Hot Stocks

08:35 EDT ABVC BioPharma completes site selection for ABV-1505 ADHD Phase II part 2 study - ABVC Biopharma announced it has completed clinical site selection for its ABV-1505 Attention-Deficit Hyperactivity Disorder, or ADHD, Phase II Part 2 study. The Part 2 study of ABV-1505 is a multi-nation multi-site randomized, double-blind, placebo-controlled study involving approximately 100 patients. The study sites selected are the University of California, San Francisco in the USA and five medical centers in Taiwan, including the National Taiwan University Hospital, Cheng Hsin General Hospital, Linkou Chang Gung Memorial Hospital, Kaohsiung Chang Gung Memorial Hospital, and Taipei Veterans General Hospital. In parallel with the Institutional Review Board submission at UCSF, a central IRB submission of the protocol and study-related dossiers will be issued by ABVC in Q4, 2021 for all five Taiwan sites. The study is targeted to begin in the first quarter of 2022. "All of the principal investigators and sites selected are highly regarded worldwide, for their work in the treatment of ADHD," said Howard Doong, ABVC BioPharma's chief executive officer. "We believe that the Phase II Part 2 study, which we expect to be completed in late 2022, will provide preliminary proof of the efficacy and safety of ABV-1505."
IBRX

Hot Stocks

08:34 EDT ImmunityBio announces updated data from QUILT 3.032 study - ImmunityBio announced updated data from an ongoing bladder cancer trial showing sustained complete response rates in patients with BCG-unresponsive non-muscle invasive carcinoma in situ, or CIS, bladder cancer. Of the 81 patients in the QUILT 3.032 study, 58 patients had a complete response at any time to intravesical BCG plus N-803 with median duration of CR of 19.9 months. The data also showed a 59% probability that responding patients would maintain a complete response for more than 12 months, based on Kaplan-Meier analysis. For the patients who had a CR within the first three months, the CR rate was 77%, with a 61% probability of remaining disease free at 18 months with the median duration of complete response having not yet been reached in that group. 85% of patients in the cohort avoided a cystectomy with a median duration of follow-up of 20.4 months. Of note, the therapy was extremely well tolerated with 0% treatment-related SAEs, 0% immune-related AEs and 0% grade 4 or 5 treatment-related AEs. In contrast, the currently approved checkpoint therapy for this indication is associated with an incidence of 21% immune-related adverse events.
DLTNF

Hot Stocks

08:34 EDT Delta 9 Cannabis partners with Cultivatd to increase Grow Pod sales - DELTA 9 CANNABIS announced that it has entered into a partnership with Cultivatd to compliment the Company's B2B sales team by helping to target Grow Pod sales opportunities in Canada and the United States. Cultivatd is an indoor farming technology broker that connects people and businesses with the proper vertical farming technology for their needs. The company leverages its years of experience in the indoor farming industry to assess project needs and recommend the best solution for a clients' budget, type of growing, location and knowledge. Delta 9's cultivation methodology is based around a modular, scalable, and stackable production unit called a "Grow Pod", which are based on retrofitted 40-foot shipping containers. The Grow Pods are built to comply with Health Canada or other State or federal regulatory standards for security, Good Production, Good Agricultural Practices and are optimized for large scale cultivation operations.
CSCW

Hot Stocks

08:33 EDT Color Star Technology plans to establish international business unit in Dubai - Color Star Technology officially announces plans to establish an international business unit in Dubai as part of its strategy to deepen high-tech efforts in capturing metaverse opportunities. While using virtual reality and augmented reality technologies, the company will continue to develop smart technologies to enhance the Color Star virtual universe.
LFMD

Hot Stocks

08:33 EDT LifeMD appoints Naveen Bhatia to board of directors - LifeMD announced its appointment of Naveen Bhatia to its board of directors. Bhatia is a private investor and has served as a director of numerous public and private companies; currently, he serves on the Board of Directors of Blue Yonder, EquipmentShare, RG Barry, and CRG Financial.
AOTVF

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08:32 EDT Ascot Resources announces retirement of director Robert Evans - Ascot Resources announces that Robert Evans has decided to retire from the board after 32 years of service. Bob was one of the early founders of Ascot and was CFO of the Company from 1989 to 2017 as well as serving on the board. Ascot is pleased to announce the appointment of Ms. Indi Gopinathan to the board. Ms. Gopinathan brings 25 years of experience in the mining industry and capital markets to Ascot. She is currently VP, Investor Relations and Corporate Communications with IAMGOLD.
TROW

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08:32 EDT T. Rowe Price reports preliminary AUM $1.68T at August 31 - T. Rowe Price Group reported preliminary month-end assets under management of $1.68 T as of August 31. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $2.1B in August 2021 and $2.4B for the quarter-to-date period ended August 31. This brings total client transfers for the year-to-date period ended August 31 to $17.2B. These client transfers include $1.3B, $1.5B, and $12.3B, respectively, transferred to the target-date retirement trusts during the August, quarter-to-date, and year-to-date periods.
IRTC

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08:31 EDT iRhythm names Quentin Blackford as President, Chief Executive Officer - iRhythm Technologies announced that Quentin Blackford has been appointed President and Chief Executive Officer of iRhythm and a member of the Board of Directors, effective October 4, 2021. Blackford has more than 20 years of experience scaling premier innovative medical device and digital health companies, including most recently as Chief Operating Officer of Dexcom. Douglas Devine will continue to serve as the Interim Chief Executive Officer until Blackford joins the company on October 4th, 2021.
OTLK

Hot Stocks

08:30 EDT Outlook Therapeutics presents NORSE THREE safety data - Outlook Therapeutics announced the presentation of safety data from the NORSE THREE trial evaluating ONS-5010 / LYTENAVA at the EURETINA Virtual 2021 conference on September 12, 2021. The previously announced topline results from the open-label safety study demonstrated that ONS-5010 ophthalmic bevacizumab, under evaluation for the treatment of wet AMD, showed no unexpected safety trends and had a safety profile consistent with that of prior published data undertaken by the National Eye Institute. The NORSE THREE study was conducted to ensure an adequate number of patients with wet AMD and other retinal diseases had been dosed with ONS-5010 to support Outlook Therapeutics' planned new biologics license application submission in the United States and for other global regulatory filings. The open-label study met its goal of ensuring that a sufficient number of individuals have now been treated with ONS-5010 by enrolling 197 treatment-naive and previously treated subjects with a range of retinal diseases for which an anti-VEGF drug is a therapeutic option, including wet AMD, diabetic macular edema and branch retinal vein occlusion. Subjects enrolled in the study received three monthly intravitreal doses of ONS-5010 ophthalmic bevacizumab. Outlook Therapeutics' wet AMD ONS-5010 clinical program for the planned BLA submission consists of three clinical trials, NORSE ONE, NORSE TWO, and NORSE THREE, all of which have now been completed. Most recently, Outlook Therapeutics reported positive topline data from its NORSE TWO pivotal Phase 3 clinical trial. In NORSE TWO, ONS-5010 achieved statistically significant and clinically relevant primary and key secondary efficacy endpoints with 41% of subjects gaining at least 15 letters of BVCA. ONS-5010 was also found to be safe and well tolerated in the NORSE TWO trial. With the registration clinical trials now completed, Outlook Therapeutics plans to submit a new BLA under the Public Health Service Act 351(a) regulatory pathway in the first quarter of calendar 2022. If the BLA is approved, it is expected to result in 12 years of marketing exclusivity for ONS-5010 as the first and only ophthalmic formulation of bevacizumab approved by the FDA to treat wet AMD.
SLGG

Hot Stocks

08:29 EDT Super League Gaming, PRG form production partnership - Production Resource Group and Super League Gaming announced the formation of a partnership to provide a full spectrum of event support to the esports community. "The esports ecosystem is extremely broad and varied, and decidedly global. Together, Super League and PRG can leverage our diverse strengths and networks to push past current boundaries of the esports event fan experience, elevating all touchpoints from gameplay to sponsorship activations to live music to digital-to-physical engagement," said Matt Edelman, Chief Commercial Officer, Super League. "With PRG's global network of locations and resources, Super League can now activate anywhere at scale." Super League, which is building a global brand at the intersection of gaming, experiences, and entertainment, has expansive capabilities through its Virtualis Studios division to support productions ranging from branded content to live fan-engagement sports programming to dynamic esports tournaments. Within this strategic partnership, PRG will bring its 360 degrees production services, including camera, virtual production, audio, broadcasting, and content team and operations to complement Super League's deep experience running tournaments and producing premium esports broadcasts and accompanying shareable digital content.
JOAN

Hot Stocks

08:28 EDT Joann board of directors authorizes $20M share repurchase ptogram - JOANN announced that its Board of Directors has authorized the Company to repurchase outstanding shares of its common stock.The authorization enables the Company to repurchase up to an aggregate of $20.0 million of the Company's common stock through open-market transactions, privately negotiated transactions, including through accelerated share repurchases or pursuant to the terms of a Rule 10b5-1 plan, or other transactions. The actual number of shares repurchased will depend on timing, market conditions and other factors, and will be at management's discretion. The Company is not obligated to make any purchases, and the program may be suspended or discontinued at any time. The authorization is active until March 9, 2022.
CNI

Hot Stocks

08:27 EDT TCI Funds nominates four to Canadian National board, identifies potential CEO - Long-term shareholders CIFF Capital UK LP and The Children's Investment Master Fund, acting by their investment manager TCI Fund Management Limited, announce they intend to requisition a timely special meeting of Canadian National Railway Company shareholders shortly for the purpose of refreshing the current Board of Directors by adding four nominees who will provide the deep railroad operational experience the current Board lacks. TCI's four independent and highly skilled nominees are Gilbert Lamphere, Allison Landry, Rob Knight, and Paul Miller. Chris Hohn, TCI Founder and Managing Partner stated in part, "History has shown that with the right leadership railroads can be improved quickly. TCI's independent and highly skilled nominees, if elected, will help lead and guide the selection of a new CEO. TCI has identified Jim Vena as the outstanding candidate for the position. Mr. Vena has a proven track record as an exceptional operator. His time at CN, where he was a high-performing and well-respected COO, demonstrates he knows how to run a railroad successfully. During his 40 years at CN, Mr. Vena ran all three geographic regions of the network, so he knows the network intimately and is uniquely qualified to be CEO. More recently, Mr. Vena was the COO at Union Pacific, where he drove a remarkable improvement in the company's operations, service, efficiency and profitability, resulting in a 650bps improvement in the operating ratio in two and a half years. Mr. Vena has committed to accepting the role of CEO if offered the position in a suitably expedient manner."
HEPA

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08:26 EDT Hepion Pharmaceuticals announces data from Phase 2a AMBITION - Hepion Pharmaceuticals announced additional efficacy data from its Phase 2a AMBITION clinical trial. AMBITION, a multicenter, randomized, placebo controlled, single-blind Phase 2a trial, enrolled 43 NASH patients. The trial was designed to investigate once daily oral administration of CRV431 at doses of 75 mg and 225 mg administered as soft gelatin capsules to presumed F2 and F3 NASH subjects for 28 days, followed by a 14-day observation period for safety. As previously reported, all primary endpoints of the AMBITION NASH trial were met. Hepion reports additional data on biomarkers, alanine aminotransferase and N-terminal type III collagen pro-peptide, as well as advanced pharmacologic and bioinformatic analyses that indicate CRV431 efficacy in treating NASH patients.Once-daily 225 mg dosing of CRV431 decreased mean Pro-C3 levels by 7.9% and 22.4% at days 28 and 42, respectively, in subjects stratified for baseline Pro-C3 levels greater than 17.5 ng/mL. Pro-C3 levels greater than 15-20 ng/ml are generally accepted to represent active NASH disease activity and the primary patient population for treatment by many NASH drug candidates. In contrast to the 225 mg CRV431 cohort, placebo treatment similarly stratified by baseline Pro-C3 greater than 17.5 ng/mL resulted in a mean increase of 3.5% and a mean decrease of 4.7% at days 28 and 42, respectively. The same Pro-C3 baseline stratification for the 75 mg CRV431 dose resulted in a mean decrease in Pro-C3 of 9.1% by Day 42, indicating a dose-dependent effect. When stratified for baseline Pro-C3 levels greater than 15.0 ng/mL, 225 mg once daily CRV431 reduced mean levels by 4.1% and 14.3% at days 14 and 28 days, respectively, compared to a mean increase of 1.5% and a decrease of 8.8% in the placebo group (n=9) at days 28 and 42, respectively. The reductions in Pro-C3 produced by CRV431 treatment mirror the previously reported dose-dependent declines in ALT. Robert Foster, PharmD, PhD, Hepion's CEO, commented, "Dr. Mayo and his team are conducting truly ground-breaking work. Many of us at Hepion have been working on cyclophilin inhibitor drug development for the better part of three decades. But, any kind of drug development is inherently risky, especially when relying solely on traditional tools. We believe we may now be able to mitigate a great deal of development risk with the AI and machine learning tools developed and utilized by our clinical pharmacology group. The fact that our team has been able to identify early changes in important biomarkers and in collagen genes, while developing predictive responder analyses, should help propel us in the NASH drug development space. Ultimately, our goal is to employ our models to optimize trial design, efficiency, cost, and outcomes, while mitigating development risk. In many ways, we believe that what we are doing is unprecedented in NASH drug development. We are confident that the AMBITION trial and our detailed analyses set the stage for success in the upcoming and larger Phase 2b program called, ASCEND-NASH."
TRMT

Hot Stocks

08:26 EDT Proxy advisory firms recommend Tremont Mortgage Trust merger with RMR Mortgage - Tremont Mortgage Trust (TRMT) announced that, on September 10, three proxy advisory firms that advise institutional investors, Institutional Shareholder Services Inc., or ISS, Glass Lewis & Co., LLC, or Glass Lewis, and Egan-Jones Proxy Services, or Egan-Jones, have all recommended that shareholders vote "FOR" the previously-announced merger of TRMT with and into RMR Mortgage Trust (RMRM) at the special meeting of TRMT shareholders to be held on September 17 at 11:00 a.m. Eastern Time. In recommending that TRMT shareholders vote "FOR" the merger, the proxy advisory firms endorsed the strategic, corporate governance and financial merits of the transaction. In separate reports, ISS, Glass Lewis and Egan-Jones also recommended that RMRM shareholders vote "FOR" the issuance of RMRM common shares in the merger.
RSVR

Hot Stocks

08:26 EDT Reservoir Media announces global deal with Joni Mitchell - Reservoir Media announces a new deal with music icon Joni Mitchell, which sees the company become the worldwide administrator of her illustrious publishing catalog. The nine-time Grammy Award-winning singer-songwriter has been called "one of the greatest songwriters ever" by Rolling Stone, and her deep influence on music history and the industry is indelible.
GSV

Hot Stocks

08:25 EDT Gold Standard Ventures provides Dark Star exploration update - Gold Standard Ventures announced drill results from 20 reverse circulation drill holes at the Dark Star gold deposit. Key Highlights: Drill holes DR21-14 and DR21-15 were completed at Dark Star North to support conversion of certain Inferred resources to Measured and Indicated resources for inclusion in the mine plan. Drill hole DR21-15 intersected an interval of 41.2 meters of 3.06 g Au/t sulphide mineralization directly below the oxide pit boundary. Development Highlights: Drill holes DR21-11, DR21-12, and DR21-17 through DR21-20 were completed at Dark Star Main as in-fill drill holes and intersected ore grade mineralization similar to holes previously drilled at Dark Star Main and indicate that the ore body is still open to the south. Drill holes DR21-01 through DR21-09 were completed on a zone of gravels east of the Dark Star Main deposit. The gold grades intersected represent an eroded portion of the Dark Star Main deposit and are currently being evaluated for utilization / suitability as over-liner on the proposed heap leach pad.
BSGM

Hot Stocks

08:25 EDT BioSig Technologies increases installation, adds St. Elizabeth's medical center - BioSig Technologie announced the Company would be installing a PURE EP System for evaluation at St. Elizabeth's Medical Center in Boston, MA. The Company initiated this new evaluation program under the leadership of Michael Orlov, M.D., aiming to assess the PURE EP System during a series of physiologic pacing procedures. "We are pleased to grow our clinical presence in Boston and collaborate with Dr. Orlov on this expanded use of the PURE EP(tm) System. The physiologic pacing procedure could benefit from advanced signal information to optimize lead placement and improve procedural outcomes. We look forward to combining our cardiac signal acquisition technology with advanced pacing therapies to treat more cardiac rhythm disorders," commented Kenneth L. Londoner, Chairman, and CEO of BioSig Technologies, Inc. "This marks our 13th hospital partner, and we remain on track to achieve our 2021 goals of targeted market expansion."
KNTE

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08:22 EDT Kinnate Biopharma presents preclinical data on FGFR inhibitor candidate KIN-3248 - Kinnate Biopharma announced results from preclinical studies evaluating its lead Fibroblast Growth Factor Receptor inhibitor candidate, KIN-3248. These findings were presented during a virtual poster session at the joint JCA-AACR Precision Cancer Medicine International Conference that took place September 10-12, 2021. KIN-3248 is a next-generation, irreversible, small molecule pan-FGFR inhibitor designed to target cancer-associated FGFR2 and FGFR3 gene alterations, which are common oncogenic drivers seen in human cancers. KIN-3248 was developed to address both primary FGFR2 and FGFR3 oncogenic alterations and those predicted to drive acquired resistance to current FGFR-targeted therapies, including gatekeeper, molecular brake, and activation loop mutations observed in cancers such as intrahepatic cholangiocarcinoma and urothelial carcinoma. Kinnate anticipates filling an Investigational New Drug application for KIN-3248 with the U.S. Food and Drug Administration in the first half of 2022. The poster presentation, delivered by Aleksandra Franovic, Ph.D., Senior Director of Translational Medicine at Kinnate, highlights data which show that in biochemical and cellular assays, KIN-3248 exhibited nanomolar potency against all four wild-type FGFR family members but not against other non-FGFR kinases. Importantly, KIN-3248 was active against mutations associated with resistance to FGFR inhibitors both in the clinic and in experimental models, including the FGFR2 and FGFR3 gatekeeper, molecular brake, and activation loop mutations with less than a five-fold difference in IC50 values relative to corresponding wild-type receptors. In addition, dose-dependent inhibition of FGFR2- and FGFR3-driven human in vivo xenografts, including one with an acquired gatekeeper mutation, was attained with once-daily KIN-3248 treatment and was well tolerated. This efficacy was accompanied by both pharmacodynamic biomarker modulation and downstream pathway inhibition.
BHIL STPC

Hot Stocks

08:22 EDT Benson Hill to acquire soy crushing facility assets from Rose Acre Farms - Benson Hill (BHIL) announced the expansion of its ingredients infrastructure by entering into a definitive agreement to purchase a soybean crushing facility from Seymour, Indiana-based Rose Acre Farms. This investment represents a significant milestone in the execution of the company's growth plan, and will be funded through the expansion of Benson Hill's debt facility with Western Technology Investment. On May 10, Benson Hill announced a definitive business combination agreement with Star Peak Corp II (STPC). Upon the closing of the business combination, Benson Hill will become publicly traded on the New York Stock Exchange under the new ticker symbol "BHIL".
GTIM

Hot Stocks

08:21 EDT Good Times Restaurants announces preliminary results of cash tender offer - Good Times Restaurants announced the preliminary results of its cash tender offer to purchase up to 1,413,000 shares of its common stock at a price per share of $4.60. The tender offer expired at 11:59 p.m., New York City time, on September 10. In accordance with the terms and conditions of the tender offer and based on the preliminary count by Broadridge Corporate Issuer Solutions, , the depositary for the tender offer, the Company expects to accept for payment, at a purchase price of $4.60 per share, a total of 333,241 shares properly tendered and not properly withdrawn before the expiration date, at an aggregate cost of approximately $1,532,908, excluding fees and expenses relating to the tender offer. The shares expected to be purchased represent approximately 2.6% of the Company's common stock issued and outstanding as of September 13. The number of shares expected to be purchased in the tender offer and the total purchase price are based on the assumption that all shares tendered through notice of guaranteed delivery will be delivered within the prescribed two trading day settlement period. The final number of shares to be purchased and the final total purchase price will be announced following the expiration of the guaranteed delivery period and the completion by the depositary of the confirmation process. Payment for the shares accepted for purchase pursuant to the tender offer, and the return of all other shares tendered and not purchased, if any, will occur promptly thereafter.
UNIT

Hot Stocks

08:20 EDT Uniti Group names Paul Bullington as permanent CFO - Uniti Group announced that Paul Bullington, currently serving as Uniti's interim Chief Financial Officer. or CFO, and Principal Financial Officer, has transitioned to the permanent role of Senior Vice President, Chief Financial Officer & Treasurer. Mark Wallace, who previously took a leave of absence due to health reasons, has departed the Company. Prior to his current role, Bullington served as Senior Vice President of Strategic Operations at Uniti Fiber, and was the Chief Financial Officer of Southern Light prior to its acquisition by Uniti in 2017.
KTOS

Hot Stocks

08:20 EDT Kratos Defense receives $338M sole source contract award from U.S. Air Force - Kratos Defense & Security Solutions announced that Kratos Unmanned Aerial Systems has been awarded a $338,071,466 Firm Fixed-Price, Cost-Plus-Fixed-Fee, and Time-and-Material contract for BQM-167A Air Force Subscale Aerial Target lots 17-21 production, out-of-warranty-repairs, and contractor logistics support. Work will be performed at a Kratos manufacturing facility. At the time of award funds in the amount of $30,499,362 were obligated. Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity.
SMFR

Hot Stocks

08:19 EDT Sema4 Holdings appoints Gustavo Stolovitzky as Chief Science Officer - Sema4 announced the appointment of Gustavo Stolovitzky, PhD, to the newly established senior leadership position of Chief Science Officer. Dr. Stolovitzky is an expert in computational biology, disease modeling and nano-biotechnology, with over 25 years of experience in high throughput data analysis for biology and the application of technology to solve biomedical problems. At Sema4, he will have a key role in developing the strategic research direction of the company. Dr. Stolovitzky's most recent role was the Founding Chair of the Exploratory Life Sciences Program at IBM Research and, previously, he was the Director of the Translational Systems Biology and Nanobiotechnology Program.
MFGCF

Hot Stocks

08:19 EDT Mayfair Gold reports first results from Fenn-Gib step-out drill program - Mayfair Gold announced the first results from the Fenn-Gib step-out drill program to the east of the current deposit. The Fenn-Gib deposit, located in the Timmins region of Northeast Ontario, hosts a pit-constrained Indicated Resource of 2.08M ounces, with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers and 300 meters wide at the west end. Drill hole FG21-168 intersected mineralization below two holes drilled in 2012 and 2017. Hole FG-12-27 intersected 0.78 g/t gold over 56.4m and hole FG-17-128 intersected 1.04 g/t Au over 40.7m. These holes, including hole FG21-168, are illustrated in the plan and section map available at https://mayfairgold.ca/fenn-gib/#drillplanmap§ions. In addition to the step-out drill program, Mayfair's infill drill program is continuing at the western section of the Fenn-Gib deposit. Highlights from that program include hole FG21-152, which returned 192.3m at a grade of 1.28 g/t gold from a downhole depth of 13.2m, including 35.0m grading 3.59 g/t Au. Hole FG21-152 was drilled from the same collar location and above Hole FG21-155 that returned 241.1m at a grade of 1.67 g/t Au. Expansion drilling supported by two drill rigs is also continuing below the shallow central section of the current conceptual open pit. Highlights include hole FG21-153, which intersected 233.0m at a grade of 1.05 g/t Au from a downhole depth of 352.7m, including 25.5m at a grade of 4.70 g/t Au. The exceptional high-grade intercept of 63.59 g/t Au over 5.0m from hole FG21-165, including 200.89 g/t Au over 1.5m, is also from below the central section of the current conceptual open pit. This intercept was at a downhole depth of 540.0m, which equates to approx. 400 vertical meters below surface. Additional drill results from the infill, expansion and step-out drill program will be announced as soon as they are received.
CSU

Hot Stocks

08:17 EDT Ortelius sends letter to Capital Senior Living holders regarding Conversant deal - Ortelius Advisors sent the below letter to stockholders of Capital Senior Living Corporation regarding its strong opposition to the Company's proposed transactions with Conversant Capital . "We urge Capital Senior Living's stockholders to vote AGAINST the Proposed Transactions recommended by the Company's Board of Directors at the upcoming meeting of stockholders on October 12 . Ortelius, as one of the largest stockholders of Capital Senior Living with holdings equal to approximately 12.7% of the Company's outstanding common stock, believes that our interests are firmly aligned with yours. Unfortunately, Capital Senior Living's Board - which holds minimal stock - has led your Company into a series of costly, dilutive and poorly-structured Proposed Transactions that effectively hand control of the business to Conversant at a material discount. The Proposed Transactions provide Conversant with expensive preferred stock and governance rights that would establish perverse disincentives for current stockholders considering participation in the presently contemplated equity rights offering. We encourage you to visit www.SaveCSU.com to review our prior public communications, which copiously detail the Proposed Transactions' onerous terms and spotlight the Board's flawed process for assessing the Company's capital needs and financing options. The silver lining is that you have the ability to reject the Proposed Transactions and help prevent a de facto fire sale of the business to Conversant at the upcoming Special Meeting on October 12. We urge you to vote AGAINST the Company's proposals at the Special Meeting in order to protect the value of your investment and position the Board to assess other potential financing options," wrote Ortelius.
EVRI MGM

Hot Stocks

08:16 EDT Everi launches 'Borgata 777 Respin' custom-themed slot with BetMGM - Everi Digital, the online gaming division of Everi Holdings (EVRI), announced it has partnered with BetMGM to launch the custom-themed game "Borgata 777 Respin." Delivered via Everi's proprietary Spark Remote Game Server, the Borgata 777 Respin game is the first title Everi has developed in coordination with BetMGM. It is currently available through BetMGM Casino, Borgata Casino, and Party Casino in New Jersey, and on BetMGM Casino and Borgata Casino in Pennsylvania. BetMGM was born out of a partnership between MGM Resorts International (MGM) and Entain Plc.
TPST

Hot Stocks

08:16 EDT Tempest Therapeutics enters into exclusive license agreement - Tempest Therapeutics announced that it has entered into an exclusive license with the University of California at Berkeley for intellectual property covering a drug target that was discovered in the laboratory of Russell Vance, Ph.D., professor of molecular and cell biology at U.C. Berkeley and a Howard Hughes Medical Institute investigator. The company also announced Dr. Vance's appointment to its advisory board. The target is a component of a newly defined pathway that controls the production of a cytokine that tumors can evolve to block to avoid immune recognition and promote metastasis.
SBEV

Hot Stocks

08:16 EDT Splash Beverage Group expands distribution agreement with Eagle Brands - Splash Beverage Group announced it has expanded its distribution agreement with Eagle Brands which will now include Tapout non-alcoholic performance drink in addition to distributing Splash's Copa di Vino for the past 8 years and SALT Tequila since July 2021.
AADI

Hot Stocks

08:15 EDT Aadi Bioscience appoints Emma Reeve to board of directors - Aadi Bioscience announced the appointment of Emma Reeve to its Board of Directors as Audit Committee Chair. Most recently, Ms. Reeve was Chief Financial Officer of Constellation Pharmaceuticals, a development-stage oncology company, which went public in 2018 and raised over $600 million in public and private financings during her tenure.
MNPR

Hot Stocks

08:15 EDT Monopar Therapeutics expands phase 2b/3 VOICE clinical trial to Europe - Monopar Therapeutics announced it has received authorization to proceed with the Phase 2b/3 VOICE clinical trial in France. The trial, which began earlier this year in the US, is evaluating Validive to prevent the onset of severe oral mucositis in oropharyngeal cancer patients treated with chemoradiotherapy. The trial's rationale and design will be presented at the upcoming European Society for Medical Oncology Congress 2021. Monopar anticipates reaching the interim of the Phase 2b/3 VOICE trial in the first half of 2022. "Building on the numerous clinical sites we have activated in the US, we are pleased to receive authorization to proceed with the VOICE trial in France," said Octavio Costa, MD, Chief Medical Officer of Monopar. "Expansion to Europe marks another important milestone in this late-stage trial, and we anticipate dosing patients in France in the not too distant future with additional European countries to follow."
VRM SRI

Hot Stocks

08:14 EDT Vroom appoints Robert Krakowiak as CFO - Vroom (VRM) announced the appointment of Robert Krakowiak as CFO, effective immediately. He succeeds David Jones, who previously served as CFO and will remain as a non-executive employee of the company through November 30 in order to ensure a transition. Krakowiak previously served as CFO of Stoneridge (SRI) for more than five years. In Krakowiak's role as CFO, he will oversee financial reporting, accounting, tax, treasury, risk management and financial planning and analysis, as well as leading investor relations.
MOD

Hot Stocks

08:13 EDT Modine Manufacturing enters partnership with Advancoat - Modine Manufacturing announced that it has entered into a strategic partnership and license agreement with Advancoat, an engineering company dedicated to providing corrosion protection and indoor air quality solutions for the HVAC/R industry located in Pompano Beach, FL. This agreement allows Advancoat to provide Insitu coatings services to the South Florida market. As part of this agreement, Modine will close its Pompano Beach, FL facility. This decision is in line with the company's strategy to grow its coatings business by entering into strategic licensing agreements with high quality partners. This strategy will allow for the geographic expansion of the delivery of coatings products and services, while allowing internal resources to focus on new product development and overall channel management.
FUSE

Hot Stocks

08:13 EDT MoneyLion announces launch of new cryptocurrency capabilities - MoneyLion announced the launch of its new cryptocurrency capabilities, enabling customers to buy and sell digital currencies within the Company's all-in-one app. Eligible MoneyLion customers will initially be able to buy and sell Bitcoin and Ethereum, as well as round-up their debit card purchases in Bitcoin. In the coming months, the Company plans to add more cryptocurrencies and related features to the offering. MoneyLion's cryptocurrency offering is supported by robust educational content and resources to help customers understand cryptocurrencies, the risk and opportunities related to buying and selling cryptocurrencies and information on blockchain technology, available both directly in the MoneyLion app as well as at https://www.moneylion.com/cryptocurrency/. The rollout is underway and will continue over the coming weeks, with the new capabilities available to all eligible MoneyLion customers on October 5 To mark the launch of the new service, MoneyLion is sponsoring a $1,000,000 Crypto Prize Pool, offering early adopters of MoneyLion Crypto a Bitcoin reward. New and existing customers who sign up for a MoneyLion Crypto account and meet the eligibility requirements between September 16 and October 5, 2021, will be entered into the prize pool. The more participants who register, the greater the prize pool will grow. At the end of the promotional period, the entire pool funds will be equally distributed to all registrants, for up to a total of $1,000,000 in Bitcoin.
LNTH

Hot Stocks

08:13 EDT Lantheus announces addition of PSMA PET imaging agent to NCCN guidelines - Lantheus Holdings announced that prostate specific membrane antigen positron emission tomography imaging with piflufolastat F 18 has been included in recently updated National Comprehensive Cancer Network Guidelines for prostate cancer. The NCCN Guidelines are widely recognized and used as the standard for clinical policy in oncology by clinicians and payors. Lantheus' product, PYLARIFY injection, is a radioactive diagnostic agent indicated for PET imaging of PSMA positive lesions in men with prostate cancer: with suspected metastasis who are candidates for initial definitive therapy and/or with suspected recurrence based on elevated serum prostate-specific antigen level. PYLARIFY was approved by the U.S. Food and Drug Administration in May 2021 and remains the first and only commercially available PSMA-targeted PET imaging agent for prostate cancer. "We are extremely pleased that the NCCN panel of prostate cancer experts, who are dedicated to high-quality, high-value, patient-centered cancer care, have added PSMA-targeted PET imaging with piflufolastat F 18 in unfavorable intermediate, high and very high risk as well as recurrent disease to the updated 2021 guidelines, for the management of prostate cancer," said Bela Denes, MD, Vice President of Medical Affairs of Lantheus. "In addition to FDA approval, inclusion in the guidelines further validates PYLARIFY's performance and utility and will raise awareness within the medical community and payors of the potential impact of this novel PSMA-targeted imaging agent in the care of men with prostate cancer."
TWST ACET

Hot Stocks

08:12 EDT Twist, Adicet Bio enter collaboration to discover gamma delta T cell therapies - Twist Bioscience (TWST) and Adicet Bio (ACET) announced a collaboration to accelerate the discovery of gamma delta T cell therapies against five undisclosed targets. The companies will work together to engineer immune cells with fully human chimeric antigen receptors, or CARs, and T-cell receptors, or TCRs, directed to disease-specific cell surface antigens. This precise and targeted engagement is designed to provide a superior potential to facilitate recognition and killing of tumor cells. Under the terms of the collaboration, Twist will leverage its proprietary single chain fragment variable, or scFv, and VHH, or nanobody, technologies from its Library of Libraries to discover target-specific binders. These targeting technologies will enable Adicet Bio's engineering and discovery of unique CARs used in the generation of novel gamma delta CAR T cell products. Twist will receive an upfront technology license fee for each program as well as clinical and regulatory milestones and royalties for any product resulting from the selected targets.
GLTO

Hot Stocks

08:11 EDT Galecto treats first patient in Phase 2 trial of GB1211 - Galecto announced that the first patient has been treated with the galectin-3 inhibitor GB1211 in the Phase 1b/2a GULLIVER-2 trial. This trial marks the initiation of Galecto's clinical program for GB1211 in liver cirrhosis. Top line data from the full trial is expected in the second half of 2022. The GULLIVER-2 trial will assess the safety, tolerability, pharmacokinetics and efficacy of GB1211 in up to 54 participants, including liver cirrhosis patients with moderate or severe hepatic impairment. The trial will randomize liver cirrhosis patients of any etiology and evaluate the impact of GB1211 on liver fibrosis and liver function.
FROG

Hot Stocks

08:11 EDT JFrog acquires Upswift, terms undisclosed - JFrog announced the acquisition of Upswift, the creators of connected device management software for developers. The combined companies aim to deliver the industry's first complete development-to-device platform that bridges the gap between current IoT software silos and common DevOps processes, such as dependency scanning, CI/CD, artifact management, shifting left for application security, software distribution and more. This empowers developers to connect modern CI/CD and SecOps workflows to the world of connected devices, providing a complete process from software creation to full deployment on the device itself. For customers, this acquisition means an actualization of digital transformation, delivering automation from development environments to the cloud and all the way to end devices.
OCX

Hot Stocks

08:11 EDT OncoCyte to present new data on DetermalIO from NeoTRIPaPDLI trial - Oncocyte announced that it will present new data from ongoing clinical research evaluating the 27-gene DetermaIO assay used to determine the likelihood of response to IO therapies at the upcoming European Society for Medical Oncology Congress, taking place virtually September 16th-21st, 2021. Oncocyte will be distributing a data press release after market close on September 20th, 2021, summarizing the presented results from the abstract. The Company's DetermaIO assay is a precision diagnostic designed to determine the likelihood of response to IO therapies, and is the first and only test to measure the entire tumor microenvironment. By evaluating the entire TME, the test can help identify patients that are primed to respond to IO therapy, as well as patients who may not respond as well, allowing for physicians and their patients to have data-driven conversations about the choices available to them.
TNXP

Hot Stocks

08:10 EDT Tonix expects to begin Phase 1 TNX-1800 study in 1H22 following Pre-IND meeting - Tonix Pharmaceuticals announced it received the official written response from a Type B pre-Investigational New Drug meeting with the U.S. Food and Drug Administration to develop TNX-18001 as a potential SARS-CoV-2 vaccine to protect against COVID-19. Tonix believes the written response provides a path to agreements on the design of a Phase 1 study and the overall clinical development plan to qualify TNX-1800 as a vaccine to prevent COVID-19. Based on the response, the Company expects to begin a Phase 1 study in the first half of 2022. TNX-1800 is a live virus vaccine based on the horsepox viral vector platform designed to express the SARS-CoV-2 spike protein and to protect against COVID-19, primarily by eliciting a T cell response. Tonix reported positive efficacy data from animal studies of TNX-1800 in the first quarter of 2021. The horsepox virus is closely related to the vaccine developed by Dr. Edward Jenner more than 200 years ago that led to the eradication of smallpox.
ALKT

Hot Stocks

08:10 EDT Alkami closes acquisition of MK Decision Systems - Alkami Technology announced it has finalized its acquisition of MK Decisioning Systems, a technology platform and provider for digital account opening, credit card, and loan origination solutions. The acquisition reinforces and expands Alkami's position as a best-of-breed digital banking platform provider that designs secure solutions across the user journey, from acquisition to engagement to conversion. In acquiring MK, Alkami is expected to expand its total addressable market while gaining new cross-selling opportunities among a larger installed base. All employees from the newly acquired MK, located in San Diego, California and throughout the US, have been retained by Alkami as part of the transaction. Khalsa will be the Vice President and General Manager of the newly formed Digital Account Opening and Loan Origination Solutions Team within Alkami. The purchase price for MK consists of $20M of proceeds at close and an opportunity for MK to earn up to an additional $25M in consideration contingent upon the achievement of certain milestones in 2022 and 2023. Alkami expects the acquisition to be immaterial to its financial results for the third quarter of 2021.
SLF

Hot Stocks

08:09 EDT Sun Life Financial appoints Alanna Boyd as Chief Sustainability Officer - Sun Life Financial announced the appointment of Alanna Boyd as Senior Vice-President and Chief Sustainability Officer. This newly created role, solely focusing on sustainability, is a first for Sun Life and reports to Kevin Strain, who became the company's 11th President and CEO on August 9.
WKSP

Hot Stocks

08:09 EDT Worksport outlines additional details on collaboration with Ontario Tech - Worksport outlined additional details on its collaboration with Ontario Tech University to develop Terravis Energy's NP hydrogen solutions. This initiative is part of a two-year, $2.3 million project funded equally by Worksport and the Canadian Government that will incorporate efforts and resources from Worksport, Terravis Energy, an OTU research team led by Dr. Sheldon Williamson, and the Canadian government. The collaboration will include R&D teams of professors, PhD candidates, and post-Doctoral fellowships in a collective effort to bring groundbreaking, grid-independent, green energy solutions to market. The teams will also have full access to the unique, world-renowned Ontario Tech-Automotive Center of Excellence, the first commercial automotive research, development, and innovation center of its kind in the world. The facility includes a comprehensive array of testing equipment - including one of the largest and most sophisticated climatic wind tunnels on the planet. The OTU-ACE climatic wind tunnel is a place where world-class researchers and engineers collaborate to create, test, and validate paradigm-shifting innovations. General Motors, for example, used the OTU-ACE's climatic wind tunnel to test its Hummer EV. The Company's research with Ontario Tech University thus far has uncovered what Company management believes will be new, lucrative paths to clean energy adoption by the market, possibly paving the way for additional backing from the Canadian Government. Among the many breakthroughs that have come from this collaboration to date is the system's charging rate enhancement modularity. This development enables increased charging capabilities as battery technologies evolve, and it represents a significant milestone in Terravis Energy's positioning as an industry innovator. In addition to use of the OUT-ACE, the research teams will have access to cutting-edge facilities and research equipment in the Advanced Storage Systems and Electric Transportation lab, which boasts equipment such as battery pack and cell simulators, programmable loads, regenerative grid simulators, and advanced thermal chambers. This specialized equipment is unique and available only to Prof. Williamson's lab. Lastly, the Company will also have access to the world-renowned Clean Energy Research Lab.
GENI

Hot Stocks

08:08 EDT Genius Sports selected as exclusive reseller for Playmaker - Playmaker Capital has selected Genius Sports as the exclusive reseller of Playmaker brand Yardbarker's digital advertising inventory to sportsbook and gaming brands. The partnership will immediately accelerate the relationships Playmaker and Yardbarker have with bookmakers worldwide.
DOX

Hot Stocks

08:07 EDT Amdocs selected by Orange as monetization engine for their 5G network - Amdocs announced that it has been selected by Orange to provide the business support systems for Europe's first 5G Stand Alone experimental cloud network launched in July in Lannion, France. The data- and AI-driven software-enabled network, automated and cloud-native, is a two-year project that aims to ramp up to encompass several hundred users by the end of 2021. The network utilizes Open RAN technology and will act as Orange's blueprint for the next generation of more efficient and agile networks relying on AI and data.
LYV TV

Hot Stocks

08:08 EDT Live Nation resumes acquisition of OCESA - Live Nation Entertainment (LYV) has agreed to proceed with its previously announced acquisition of a 51% controlling interest in OCESA Entretenimiento, a leading promoter in Latin America and owner of Ticketmaster Mexico from CIE, a prominent player in the live entertainment industry in Latin America, and Grupo Televisa (TV), the largest multimedia company in the Spanish-speaking world, for an aggregate purchase price of MXN$8,835,000,000 or approximately $444M based on September 10th closing exchange rate of 19.89, 7% of which will be held back and retained by Live Nation to cover operating losses, if any, for a period of time following closing. The acquisition, previously announced in July of 2019, was paused due to the pandemic, and is now expected to close by late 2021 or early 2022. The deal is subject to regulatory approval, which was previously granted during prior negotiations and must be confirmed once again now that the deal is proceeding. The move furthers Live Nation's goal of building its global live entertainment platform, allowing the company to better service artists who now travel the world to play to their expanding global fan base.
FVE DHC

Hot Stocks

08:07 EDT Five Star reports August month- end occupancy up 320 basis points to 73.7% - Five Star Senior Living (FVE) or Five Star announced progress on its strategic plan and provided certain business updates. August month end occupancy in Five Star's owned communities was 73.7%, an increase of 320 basis points compared to July month end occupancy. August average occupancy in Five Star's owned communities was 70.0%, an increase of 80 basis points compared to the July average occupancy. In the 120 communities Five Star will continue to manage for Diversified Healthcare Trust (DHC), or the retained communities, August month end occupancy was 74.7%, an increase of approximately 100 basis points compared to the July month end occupancy. August average occupancy in the retained communities was 73.4%, an increase of 50 basis points compared to July average occupancy. FVE also provided an update on the repositioning of its senior living management services as part of its strategic plan announced in April 2021, including the transition of 108 smaller senior living communities to other operators. FVE has now completed 62 of 108 planned transitions to other third-party operators and plans to fully complete the transition of the 108 communities by year end. Additionally, FVE reported that all community and clinic employees are now in compliance with its previously announced requirement that those employees who work in or visit its communities or Ageility clinics as part of their responsibilities be fully vaccinated against COVID-19, with only 4.3% of employees voluntarily terminating their employment.
DFH

Hot Stocks

08:06 EDT Dream Finders Homes to acquire assets of McGuyer Homebuilders - Dream Finders Homes announced that it entered a definitive purchase and sale agreement to acquire the homebuilding, mortgage banking and title insurance assets of Houston, Texas-based homebuilder McGuyer Homebuilders, Inc. and related affiliates. MHI, doing business as Coventry Homes, builds in Houston, Dallas, Austin and San Antonio, Texas and has been operating since 1988. MHI closed over 2,000 homes in fiscal year 2020 with an average sales price of $441,779, generating revenues in excess of $900 million. Throughout its history, MHI has closed over 55,000 homes across its Texas markets. DFH expects the transaction to close in the beginning of the fourth quarter of 2021. DFH expects to acquire approximately 1,850 homes in backlog, consisting of the following metro areas: 600 in Houston, 560 in Dallas, 490 in Austin, and 200 in San Antonio. MHI stakeholders will retain approximately 1,000 finished lots and DFH will have the option to purchase the finished lots over the two years subsequent to the MHI acquisition effective closing date. DFH expects to acquire approximately 200 finished lots at closing to begin home construction imminently, as well as finished lot options to purchase an additional 4,500 lots. DFH expects the consolidated company to own and control over 40,000 lots after closing of the transaction. MHI expects to have over 100 active selling communities at closing and, post-closing on a consolidated basis, DFH expects to have over 220 active selling communities. DFH exercised its right for a $300 million increase in the aggregate commitments under its senior unsecured revolving credit facility, which reached $750 million, to finance MHI's work in process inventory. In connection with the MHI acquisition, DFH plans to pay-off the construction lines of credit MHI has historically used to finance its inventory. DFH expects to issue 150,000 shares of newly-designated Series A Convertible Preferred Stock with an initial liquidation preference of $1,000 per share and a par value $0.01 per share, for an aggregate purchase price of $150 million. The closing of the Convertible Preferred Stock is conditioned upon the simultaneous closing of the MHI acquisition. The Convertible Preferred Stock will accumulate dividends at a 9.00% rate per annum, payable quarterly in arrears. The Convertible Preferred Stock will be perpetual with call and conversion rights; and will be redeemable at the Company's option in years four and five. Any Convertible Preferred Stock outstanding after year five will be convertible into the Company's Class A common stock. Builder Advisor Group acted as sole placement agent in the preferred stock issuance.
ABST

Hot Stocks

08:06 EDT Absolute Software CMO Sandra Toms to depart, Joel Windels to succeed - Absolute Software announced Joel Windels has been promoted to CMO to lead Absolute's marketing organization, drive demand generation, and expand brand marketing. Windels joined Absolute in July through the NetMotion acquisition. He previously served on the senior executive team as CMO at NetMotion. As part of this leadership transition, Ameer Karim, who held the position of executive VP of product management, and Sandra Toms, who held the position of CMO, will be leaving Absolute.
DKS

Hot Stocks

08:06 EDT Dick's Sporting to hire up to 10,000 seasonal associates - Dick's Sporting announced that it will hire the largest number of seasonal associates in the company's history for the 2021 holiday season. Dick'S fourth-annual "National Signing Day" on September 15 launches the company's holiday recruiting efforts for positions nationwide. To enhance customers' shopping experience and help to ensure customer and employee safety, Dick's will designate associates to fulfill Curbside Contactless Pickup and ship-from-store orders as well as thoroughly staff areas inside and outside the store throughout the holiday season. Dick's also will look to hire up to 250 new associates to fulfill seasonal staffing needs in all five of its nationwide distribution centers. Dick's is hiring approximately 1,000 more holiday associates than it did in 2020.
DOX

Hot Stocks

08:05 EDT Amdocs Media's Vubiquity renews multi-year contract with izzi - Vubiquity, part of the Amdocs Media Division, announced a multi-year renewal agreement with izzi, a leading cable TV operator in Mexico. As part of this agreement, Vubiquity will continue to provide content licensing and processing for the izzitv service. As part of the agreement, Vubiquity offers a full suite of content acquisition, curation and content management services to support izzi's platform.
ICPT

Hot Stocks

08:03 EDT Intercept announces convertible notes repurchase - Intercept Pharmaceuticals announced that it has entered into privately negotiated agreements with certain of the holders of its existing 3.25% Convertible Senior Notes due 2023 to repurchase an aggregate of $39.9 million principal amount of 2023 Notes for $38.1 million in cash. The repurchase is expected to close promptly, subject to and following customary closing conditions. Net of this repurchase and the previously announced convertible notes exchange, Intercept's 2023 Notes have been reduced from $460.0 million principal balance to $113.7 million principal balance.
DNMR

Hot Stocks

08:03 EDT Danimer Scientific names Deborah McRonald as Chief Corporate Development Officer - Danimer Scientific announced that Deborah McRonald has joined the Company to serve in the newly created position of Chief Corporate Development Officer. With many years of experience leading business development and technology licensing initiatives across the pharmaceutical, consumer goods, maternal and infant nutrition, and food and beverage industries, McRonald will focus on developing external collaborations that drive revenue and fulfill the Company's mission of reducing plastic waste across the globe. These collaborations are expected to include potential licensing or joint-venture agreements with various partners to further increase market applications for Danimer's technology and materials, as well as to enhance the Company's returns on invested capital. "As our rapid growth plans progress, we will continue developing a strong portfolio of customer and industry collaborations, and Deborah is the ideal candidate to execute this strategy," said Stephen E. Croskrey, Chief Executive Officer at Danimer Scientific. "Her years of experience at Nestle establishing many types of partnerships, including new forms of consumer packaging, will be invaluable in guiding our own strategic collaborations. We are excited to welcome Deborah to the Danimer family."
ACET TWST

Hot Stocks

08:03 EDT Adicet Bio collaborates with Twist to accelerate cancer therapeutics - Adicet Bio (ACET) and Twist Bioscience (TWST) announced a collaboration to accelerate the discovery of gamma delta T cell therapies against five undisclosed targets. The companies will work together to engineer immune cells with fully human chimeric antigen receptors and T-cell receptors directed to disease-specific cell surface antigens. Under the terms of the collaboration, Twist will leverage its proprietary single chain fragment variable and VHH technologies from its Library of Libraries to discover unique target-specific binders. These targeting technologies will enable Adicet Bio's engineering and discovery of unique CARs used in the generation of novel gamma delta CAR T cell products. Twist will receive an upfront technology license fee for each program as well as clinical and regulatory milestones and royalties for any product resulting from the selected targets.
MDGS

Hot Stocks

08:02 EDT Medigus says Revoltz commences prototype manufacturing of micromobility vehicle - Medigus announced that Revoltz, its EV joint venture, has begun the prototype manufacturing of its micro mobility vehicle. The production has commenced in China together with Mr. Weijian Zhou, one of Revoltz partners. Weijian Zhou is a manufacturer of high-end scooters, E-mobility and Skiing Machines. Mr. Zhou's operations are equipped with advanced machining and inspection facilities, an R&D center, and a Training Institute. Revoltz recently completed the preliminary design and functional prototype of Model One, its micro-mobility vehicle for last mile and food delivery, which is designed to facilitate efficient delivery of smaller items in urban environments while maintaining low and immediate transportation costs. A three-wheeled chassis with a wide platform design provides maximum safety for the rider as well as complete mobility in imperfect road conditions. The Model One design includes two loading surfaces, front and rear, each of which can be used flexibly with interchangeable modules, depending on the customer's needs. The model is designed to carry two-and-a-half times the cargo of a traditional scooter. The newly manufactured prototypes will be used by Revoltz to further advance its development and to approach potential commercial partners.
BLU

Hot Stocks

07:48 EDT Bellus Health announces positive findings in SOOTHE trial of BLU-5937 in RCC - Bellus Health announced positive findings from a preplanned administrative interim analysis of the ongoing Phase 2b SOOTHE trial of BLU-5937, the Company's highly selective P2X3 antagonist, in patients with refractory chronic cough. An independent statistical team reported that the predefined stringent probability threshold for clinical efficacy was met for at least one dose of BLU-5937. The following observations of the interim data were made regarding key aspects of the BLU-5937 product profile: At least one dose of BLU-5937 met the stringent predefined probability threshold for a clinically meaningful reduction in placebo-adjusted 24-hour cough frequency; Limited taste-related adverse events were observed, consistent with previous BLU-5937 trials; No serious adverse events were reported. "We believe the encouraging SOOTHE Phase 2b trial interim analysis will enable us to accelerate the planning for our Phase 3 program while awaiting SOOTHE final results," said Roberto Bellini, President and Chief Executive Officer of BELLUS Health. "With trial enrollment progressing as planned, we anticipate announcing topline data in the fourth quarter of 2021."
ASO

Hot Stocks

07:44 EDT Academy Sports announces secondary offering, concurrent share repurchase - Academy Sports and Outdoors announced that certain of its stockholders that are affiliates of Kohlberg Kravis Roberts & Co intend to offer for sale in an underwritten secondary offering 18,645,602 shares of common stock of Academy pursuant to a registration statement filed by Academy with the U.S. Securities and Exchange Commission. No shares are being sold by Academy. The Selling Stockholders will receive all of the proceeds from this offering. Academy announced that, subject to the completion of the offering, it intends to repurchase from the underwriters, out of the 18,645,602 shares of common stock, a number of shares having an aggregate purchase price of up to $200 million at a price per share equal to the price at which the underwriters will purchase the shares from the Selling Stockholders. Any shares repurchased by Academy will be pursuant to its recently announced $500 million share repurchase program and will be retired. The closing of the share repurchase is conditioned on, and expected to occur simultaneously with, the closing of the offering, subject to the satisfaction of other customary conditions. The offering is not conditioned upon the completion of the share repurchase.
PRCH

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07:43 EDT Porch Group announces proposed convertible senior notes offering - Porch Group announced that it plans to offer, subject to market and other conditions, $350 million aggregate principal amount of its Convertible Senior Notes due 2026 through a private offering to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. Porch expects to grant the initial purchasers an option to purchase, exercisable within the 30-day period immediately following the pricing date of the offering, up to an additional $52.5 million aggregate principal amount of notes. The notes will be senior unsecured obligations of Porch, and interest will be payable semiannually in arrears on March 15 and September 15 of each year, beginning on March 15, 2022. The notes will mature on September 15, 2026, unless earlier repurchased, redeemed or converted. In certain circumstances and during certain periods, the notes may be converted into cash, shares of Porch's common stock, or a combination of cash and shares of common stock, at Porch's election. Porch expects to use a portion of the net proceeds from the offering to pay the cost of capped call transactions described below, and use the remainder of the net proceeds from the offering to repay all outstanding borrowings under its senior secured term loan and related prepayment fees and for general corporate purposes, which may include potential acquisitions. In connection with the pricing of the notes, Porch intends to enter into privately negotiated capped call transactions with one or more of the initial purchasers, their respective affiliates or other financial institutions. The capped call transactions are expected generally to reduce the potential dilution to the common stock upon any conversion of notes and/or offset any cash payments Porch is required to make in excess of the principal amount of the converted notes, as the case may be, in the event that the market price of the common stock is greater than the strike price of the capped call transactions, with such reduction and/or offset subject to a cap based on the cap price of the capped call transactions. If the initial purchasers exercise their option to purchase additional notes, Porch intends to enter into additional capped call transactions with the option counterparties. In connection with establishing their initial hedges of the capped call transactions, Porch expects the option counterparties or their respective affiliates to purchase shares of common stock and/or enter into various derivative transactions with respect to the common stock concurrently with or shortly after the pricing of the notes. This activity could increase the market price of the common stock or the notes at that time. In addition, the option counterparties and/or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the common stock and/or purchasing or selling the common stock or other securities of Porch in secondary market transactions following the pricing of the notes and prior to the maturity of the notes. This activity could cause or avoid an increase or a decrease in the market price of the common stock or the notes, which could affect the ability of noteholders to convert the notes and, to the extent the activity occurs following conversion or during any observation period related to a conversion of notes, it could affect the number of shares and value of the consideration that noteholders will receive upon conversion of the notes.
RBC RXN

Hot Stocks

07:43 EDT Regal Beloit, Rexnord: Close of PMC combination to occur on October 4 - Regal Beloit (RBC) and Rexnord (RXN) announced that they expect to complete the proposed combination of the Process & Motion Control Business of Rexnord with Regal through a Reverse Morris Trust transaction on October 4, subject to satisfaction or waiver of the applicable closing conditions. Following completion of the transactions, (a) Regal will change its name to "Regal Rexnord Corporation" and its shares of common stock will trade on the NYSE under the ticker symbol "RRX" and (b) Rexnord Corporation will change its name to "Zurn Water Solutions Corporation" and its shares of common stock will trade on the NYSE under the ticker symbol "ZWS". Regal and Rexnord will provide additional details regarding the expected closing in the coming weeks.
SIGA

Hot Stocks

07:42 EDT Siga announces BARDA exercise of option valued at $112M for delivery of TPOXX - SIGA Technologies announced the exercise of a procurement option under its 75A50118C00019 contract with Biomedical Advanced Research and Development Authority, part of the office of the Assistant Secretary for Preparedness and Response at the U.S. Department of Health and Human Services for the delivery of oral TPOXX treatment courses valued at approximately $112.5M to the U.S. government. Product deliveries in connection with the option exercise are targeted for 2021. "This option exercise, in combination with international orders, highlights the global importance of smallpox preparedness," said Phil Gomez, CEO of SIGA. "With the option exercised under the 19C BARDA contract, SIGA has received orders valued at a total of approximately $123M for the year to date for the procurement of oral TPOXX."
MINM

Hot Stocks

07:41 EDT Motorola networking products launch in India - Minim announced that the Motorola MH7020 Whole Home WiFi Mesh System is now available in India. With this launch, Indian consumers will also receive a free upgrade to its new mobile app, motosync, powered by Minim. Together, the Motorola MH7020 mesh system and motosync app create exceptional coverage, network security, performance, and control at the competitive price of INR 7,999.00, INR 13,999.00, or INR 19,999.00.
TENB

Hot Stocks

07:39 EDT Tenable to acquire Accurics for $160M in cash - Tenable Holdings announced that it has entered into a definitive agreement to acquire Accurics, a pioneer in delivering cloud-native security for both DevOps and security teams. Accurics enables the programmatic detection and mitigation of risks in Infrastructure as Code before anything is ever provisioned. Following completion of this acquisition, Tenable's solutions will include holistic assessment and the automated remediation of policy violations and breach paths, before the infrastructure is provisioned and throughout its lifecycle. The world is rapidly embracing IaC. IaC offers organizations a powerful competitive advantage by improving the efficiency of operations at scale. Leveraging the GitOps philosophy and seamlessly integrating with developer tools and workflows, Accurics enables security teams to assess and secure infrastructure both before it is deployed and at runtime. Following the completion of the acquisition, Tenable and Accurics will introduce a complete lifecycle approach to modern risk management, leveraging IaC to fix problems for any cloud environment - before they can expose the business to risk. Accurics helps companies address risk across the entire lifecycle and supply chain, in development and runtime, and delivers fixes in code to ensure risks are remediated quickly with minimal burden on security experts. Accurics' enterprise offering seamlessly scans IaC for misconfigurations and monitors provisioned cloud infrastructure for drift. Organizations will be able to secure what they build and innovate with confidence through Accurics' augmented remediation capabilities, generating code to resolve policy violations and mitigate security risks. The acquisition extends Tenable's broader cloud strategy, helping enterprises secure their full cloud stacks, both at build time and at runtime. Following the completion of the acquisition, Accurics' solutions will integrate with Tenable.io Container Security, an industry-leading solution integrating security into DevOps, Frictionless Assessment, which removes the need for agents or scanning to deliver continuous visibility and assessment of cloud assets, and Tenable.io Web Application Scanning, which offers simple, scalable and automated vulnerability scanning for web applications. Accurics also developed Terrascan, a powerful open-source tool for DevOps, which now has 200,000 downloads and has become a foundational part of cloud IaC practices. The founders who are currently with the company are Sharrma and Om Moolchandani. Sharrma is a seasoned technologist and entrepreneur behind multiple technology startups. He has led global teams across engineering, product and research at Symantec Corp to bring numerous enterprise security innovations to market. Moolchandani is the chief technology officer and chief information security officer. He has held numerous leadership positions at companies such as AutoGrid and General Electric, where he implemented security for the Industrial Cloud and Edge platform. Under the terms of the agreement, Tenable will acquire Accurics for a total purchase price of approximately $160 million in cash, subject to certain customary purchase price adjustments. The acquisition is expected to close late in the third quarter or early in the fourth quarter of 2021, subject to the satisfaction of customary closing conditions.
LIFE

Hot Stocks

07:39 EDT aTyr Pharma announces positive data from Phase 1b/2a trial for ATYR1923 - aTyr Pharma announced positive results from its Phase 1b/2a double-blind, placebo-controlled clinical trial of its lead therapeutic candidate, ATYR1923, in 37 patients with pulmonary sarcoidosis, a major form of interstitial lung disease. ATYR1923 was safe and well-tolerated at all doses with no drug-related serious adverse events or signal of immunogenicity. Additionally, the study demonstrated consistent dose response for ATYR1923 on key efficacy endpoints and improvements compared to placebo, including measures of steroid reduction, lung function, sarcoidosis symptom measures and inflammatory biomarkers. Key Safety and Clinical Efficacy Findings for ATYR1923: safe and well-tolerated at all doses; no dose-relationship with most common adverse events associated with underlying disease; no drug-related serious adverse events; no signal of immunogenicity; dose response and consistent positive findings across key efficacy endpoints; steroid reduction of 58% overall from baseline and 22% relative reduction compared to placebo in steroid usage post taper in the 5.0 mg/kg treatment group; complete steroid taper to 0 mg achieved and maintained for 33% of patients in the 5.0 mg/kg treatment group compared to no patients in any other group; absolute improvement in forced vital capacity as a measure of lung function at week 24 of 3.3% in the 5.0 mg/kg treatment group compared to placebo, with an improvement in FVC of greater than 2.5% considered clinically meaningful; clinically meaningful improvement over placebo observed for dyspnea, cough, fatigue and the King's Sarcoidosis Scores for Lung and General Health in 5.0 mg/kg treatment group; dose dependent trends of improvement in key inflammatory biomarkers compared to placebo including IL-6, MCP-1, IFN-gamma, IP-10 and TNFa as well as key sarcoidosis markers including ACE, IL-2Ra and SAA with tightest control in the 5.0 mg/kg treatment group; and FDG-PET-CT was not evaluable due to incomplete data primarily caused by operational issues related to the COVID-19 pandemic
AVCNF

Hot Stocks

07:37 EDT Avicanna announces revocation of cease trade order - Avicanna is pleased to announce that the failure-to-file cease trade order issued by the Ontario Securities Commission on June 11, 2021 has been revoked effective September 10, 2021. The Company will work with the Toronto Stock Exchange on a reinstatement of trading of its common shares, which were suspended from trading on June 11, 2021 as a result of the CTO. The Company has filed the following periodic disclosure documents, bringing its continuous disclosure record up to date in accordance with applicable securities law: annual filings in respect of the year ended December 31, 2020, consisting of audited annual financial statements for the year ended December 31, 2020, management's discussion and analysis relating to the audited annual financial statements for the year ended December 31, 2020, annual information form for the year ended December 31, 2020 and certification of the foregoing as required by National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings; interim filings in respect of the period ended March 31, 2021, consisting of interim financial statements for the period ended March 31, 2021, management's discussion and analysis relating to the interim financial statements for the period ended March 31, 2021, and certification of the foregoing as required by NI 52-109; and, interim filings in respect of the period ended June 30, 2021, consisting of interim financial statements for the period ended June 30, 2021, management's discussion and analysis relating to the interim financial statements for the period ended June 30, 2021, and certification of the foregoing as required by NI 52-109.
LNTH

Hot Stocks

07:37 EDT Lantheus, RefleXion announce development, commercialization collaboration - Lantheus announced a development and commercialization collaboration to evaluate the use of piflufolastat F 18, Lantheus' prostate-specific membrane antigen-targeted positron emission tomography imaging agent, to enable real-time therapeutic guidance of biology-guided radiotherapy in prostate cancer using the RefleXion X1 platform. The RefleXion X1 integrates PET technology into a therapeutic radiation delivery device to enable radiation to be guided in real-time to tumor sites localized by the PET tracer. This approach has the potential to use the tumor's biology, as characterized by the PET tracer, to guide radiation delivery to multiple cancer sites within a patient in a single session. The Development and Commercial Collaboration Agreement, which will be managed by a Joint Steering Committee, is focused on obtaining approval to treat patients with BgRT guided by piflufolastat F 18 in the United States. Under the terms of the agreement, Lantheus will contribute to the cost of RefleXion's registrational program. Additionally, the parties will share in the upside created by this collaboration. Further terms of the agreement were not disclosed.
WPC

Hot Stocks

07:36 EDT W.P. Carey announces investments totaling $200M - W. P. Carey announced the recent completion of investments totaling approximately $200M, primarily comprising Class-A warehouse facilities on long-term net leases. The investments advance the company's externally driven growth strategy focused on high-quality industrial and warehouse assets, which comprise 70% of the approximately $1.2B of investments it has completed year to date. Included in the recent investments were three Class-A warehouse assets totaling $166M, the largest of which was the $114M acquisition of a 1.5 million-square-foot warehouse and distribution facility in Indiana, net leased to an investment-grade leader in the North American consumer packaged food market. It also includes the $27M sale-leaseback of a 187,000-square-foot temperature-controlled and refrigerated warehouse facility in the largest distribution market within the Minneapolis MSA, net leased to a wholesale distributor of brand-name alcoholic beverages, and the completion of a $25M 505,000-square-foot warehouse and logistics redevelopment, which is fully leased and expected to receive LEED certification, located in Lehigh Valley, Pennsylvania.
VRSK

Hot Stocks

07:35 EDT Air Worldwide updates losses for Hurricane Ida to $20B-$30B - Extreme event modeling firm AIR Worldwide updated its insured loss estimates for Hurricane Ida after analyzing the inland flood impacts across the entirety of its track, including the Northeast. AIR now estimates that Ida's insured industry losses will range from $20 billion to $30 billion. AIR estimates wind and storm surge losses will range from $17 to $25 billion, and private-market insured losses from inland flooding will range from $2.5 billion to $5 billion. Included in the estimates are losses to onshore residential, commercial, industrial properties, and automobiles for their building, contents, and time element coverage, as well as estimated insurance take-up rates for wind and flood across the entirety of Ida's track, including the flooding that occurred in the Northeast. AIR's losses do not include any estimate of losses from the National Flood Insurance Program, or any losses from offshore assets. The industry loss estimates also reflect an adjustment to account for increased material and other repair costs in the current construction market.
PYPD

Hot Stocks

07:34 EDT PolyPid announces preclinical data of its OncoPLEX in brain cancer - PolyPid announced "positive" preclinical data in two key Glioblastoma Multiform animal models of its OncoPLEX intra-tumoral cancer therapy program. The OncoPLEX intra-tumoral cancer therapy program was evaluated in brain tumors for tumor growth and survival in two Glioblastoma Multiform animal models. Key results included: OncoPLEX induced strong inhibition of tumor growth and recurrence in a partially resected human glioblastoma subcutaneous mouse model. A single local OncoPLEX application induced 98% tumor growth inhibition compared to the untreated control, and 66% compared to multiple injections of systemic chemotherapy treatment arm; the day 41 survival rate for OncoPLEX was much higher than the systemic treated mice, or untreated with 60%, 20%, and 10% survival, respectively; OncoPLEX, applied locally next to the non-resected tumor in the brain, showed a 40% survival rate at day 23 following the beginning of treatment, as compared to a 0% survival rate in the standard systemic treatment arm, the placebo arm and in the untreated control arm; only OncoPLEX significantly enhanced the overall survival compared to both the placebo arm and to the untreated arm; dose response was demonstrated for OncoPLEX in the different animal models; and local application of OncoPLEX in a rat brain model evidenced good safety profile at the different doses studied. "The growing set of data from our OncoPLEX preclinical studies continue to look promising," said Dr. Noam Emanuel, PolyPid's co-founder and Chief Scientific Officer. "The novel prolonged intra-tumoral OncoPLEX treatment could provide substantial benefit for patients with these devastating tumors that often cannot be fully resected surgically. Based on the encouraging anti-cancer results of OncoPLEX in various animal models generated to date, including in tumors that are highly resistant to docetaxel, we believe that OncoPLEX warrants further evaluation in the clinical setting. As such, we intend to conduct a pre-Investigational New Drug meeting with the U.S. FDA by year-end with the objective of initiating a Phase 1/2 clinical trial in 2022."
FRT

Hot Stocks

07:34 EDT Federal Realty acquires Twinbrooke Shopping Centre in Fairfax, Virginia - Federal Realty announced the acquisition of a 100% interest in Twinbrooke Shopping Centre, a 110,000 square foot grocery anchored neighborhood shopping center on 10 acres located in Fairfax, Virginia. The Property is situated at the intersection of Braddock Road, a main east-west thoroughfare providing access to the DC beltway, and Twinbrook Road. Federal sourced the acquisition off-market for a purchase price of $33.8M cash. In 2021, Federal Realty has acquired 5 properties totaling 1.9M square feet and 135 acres at a gross value of $441M of which Federal will own an average 82% interest.
INM

Hot Stocks

07:34 EDT InMed Pharmaceuticals to acquire BayMedica for 1.78M InMed shares - InMed Pharmaceuticals announced that it has entered into a definitive agreement to acquire BayMedica, a private company based in the US that specializes in the manufacturing and commercialization of rare cannabinoids. The Definitive Agreement follows a previously signed letter of intent announced on June 29, 2021. The transaction, which is subject to certain standard closing conditions, is expected to close in the coming weeks. Upon closing, InMed will become a global leader in the manufacturing of rare cannabinoids, with expertise in three distinct and complementary cannabinoid manufacturing approaches. InMed's proprietary cannabinoid manufacturing process, IntegraSyn, combined with BayMedica's synthetic biology and chemical synthesis capabilities, will provide InMed with complete manufacturing flexibility to select the most appropriate, cost-effective method based on the target cannabinoid and appropriate quality specifications for the desired market segment. In parallel to cannabinoid manufacturing, the combined company will continue to explore the therapeutic potential of cannabinoids and novel cannabinoid analogs for pharmaceutical drug development, as well as expand commercial sales of rare cannabinoids to the consumer health and wellness sector. Revenues of BayMedica's initial rare cannabinoid product, Prodiol CBC have grown steadily since sales commenced in December 2019, with cumulative revenues in excess of $2.5M. BayMedica leads the industry in large batch production of CBC with current batch sizes of more than 200kg and an ability to increase to metric ton quantities as market demand increases. BayMedica is focused on the wholesale to consumer health and wellness markets, including nutraceuticals, cosmetic, functional food and beverage, as well as animal health markets. In addition to CBC, BayMedica has several high value non-intoxicating rare cannabinoids in various stages of commercial manufacturing scale-up including CBDV, THCV, CBGV, CBT and CBN for the health and wellness markets. Pursuant to the indicative terms of the Definitive Agreement, InMed will acquire 100% of BayMedica in exchange for 1.78 million InMed common shares, to be issued to BayMedica's equity and convertible debt holders with any such issued InMed common shares being subject to a six-month contractual hold period. The total number of InMed common shares issuable in the proposed transaction may be reduced in the event that BayMedica's net liabilities exceed a negotiated threshold following completion of a financial review of BayMedica's closing balance sheet. The Agreement further provides that 470,000 of the InMed common shares issuable on closing will be held in escrow, subject to cancellation, to satisfy certain potential post-closing indemnification and other claim that InMed may have under the definitive agreement in the six- and twelve-month period following closing of the proposed transaction. In addition, BayMedica's equity and debt holders would receive Series A warrants to acquire up to 800,000 common shares with an exercise price equal to 125% of the 20-day volume-weighted average closing price of the Common Shares on Nasdaq prior to the third business day before the closing of the proposed transaction and Series B warrants to acquire up to 800,000 common shares of InMed priced at 200% of the Deal Share Price. Under the terms of the Definitive Agreement, the closing of the proposed transaction is subject to various customary closing conditions
PRVB

Hot Stocks

07:33 EDT Provention Bio provides update on teplizumab BLA resubmission - Provention Bio provided an update on the status and timing of its ongoing efforts to address FDA considerations cited in the Complete Response Letter issued to the company by the FDA on July 2. The company has completed the collection of data from a PK/PD substudy in the ongoing PROTECT Phase 3 trial in newly diagnosed T1D patients to determine comparability between the company's planned commercial drug product and drug product originating from drug substance manufactured for historical trials of teplizumab. During ongoing informal discussions with the FDA to finalize and agree upon the design of the population PK model that will generate the PK parameters comparing drug products, the FDA has recommended that the company request a formal Type A meeting and submit briefing documents related to the population PK model. The objective of this meeting with the FDA is to agree on the PK model's design prior to the company populating the model with relevant PK data collected from the PROTECT substudy. The company is working towards a request and submission to allow this Type A meeting to occur in the fourth quarter of this year. Additionally, the company disclosed preliminary PD marker information upon therapeutic dosing of teplizumab from the substudy data that the company believes are supportive, although not determinative, of comparability between the two drug products. The FDA has not yet opined on these data or their significance, and the company looks forward to discussing with the FDA. These PD markers include lymphocyte counts, CD3 receptor occupancy and T-cell activation. The company also recently completed a Type A meeting with the FDA to discuss several additional considerations related to product quality that were cited in the CRL. The company continues to believe that the product quality CRL considerations have either already been addressed by prior amendments to the BLA or are addressable in the short term. As it relates to the deficiencies noted during the recent general inspection at a fill/finish facility used by the dcompany mentioned in the CRL, this facility's inspection has since been closed out by the FDA in August of 2021. "We believe we are making significant progress in our work to address the observations cited by the FDA in the CRL for teplizumab we received in July and we will continue to work with the sense of urgency that the patient community and our investors expect of us," said Ashleigh Palmer, co-founder and CEO of Provention Bio. "We are encouraged by our interactions with the FDA and look forward to finalizing, to the FDA's satisfaction, the design of the population PK model that will be used to further determine comparability, as well as evaluate the clinical relevance of the outputs. Additionally we are encouraged by the consistent incremental PD marker data that we are sharing today."
APRN

Hot Stocks

07:31 EDT Blue Apron introduces Heat & Eat offering - Blue Apron is introducing Heat & Eat, the company's first-ever prepared, single-serving meal offering, ready in five minutes or less. The company said Heat & Eat meals were designed to give customers additional flexibility to enjoy Blue Apron at different occasions throughout the week without sacrificing quality or flavor for convenience.
PHRRF

Hot Stocks

07:31 EDT PharmaTher focused on building specialty ketamine-based pipeline - PharmaTher is focused on building a specialty ketamine-based product pipeline. The Company has selected a U.S.-based GMP contract development and manufacturing organization with extensive experience in the development, production and supply of clinical and commercial controlled substance sterile products. PharmaTher will work with the CDMO to develop the Company's proprietary ketamine drug product to support future clinical studies and global commercial supply. It is expected that the proprietary ketamine drug products will be available for FDA Phase 3 clinical studies and commercialization in H2-2022. Proprietary Microneedle Patch The Company entered into a co-development agreement with TSRL, Inc. to jointly develop the patented hydrogel-forming microneedle patch delivery technology. This allows the Companies to control the manufacturing and supply of microneedle patches for their respective clinical and commercial drug programs. PharmaTher is focused on incorporating psychedelics and TSRL is focused on incorporating antiviral medications in a microneedle patch with the potential to improve the safety, efficacy and compliance of these compounds that currently must be taken orally, inhaled, injected and intravenously. Recent activities included the tech transfer for scale-up and manufacturing of clinical supplies to a GMP contract research lab and a pre-IND meeting with the FDA that achieved agreement with the agency on proposed 505(b)2 product development plans. The Company aims to validate non-clinical and clinical production of the microneedle patch by October 2021 and begin non-clinical and clinical manufacturing supply at the end of 2021. The Company expects to enter into Phase 1 and 2 clinical studies in 2022 to evaluate its microneedle patch in delivering ketamine, KETABET, psilocybin, DMT, MDMA and LSD.
PHRRF

Hot Stocks

07:29 EDT PharmaTher working with R&D partners to advance microneedle patches - PharmaTher is working with its research and development partners to advance next-generation microneedle patches for the delivery of psychedelics: Hydrogel-Forming Microneedle Delivery Technology for Ketamine PharmaTher has exclusive worldwide development and commercial rights for the delivery of ketamine, esketamine and KETABET using a patented hydrogel-forming microneedle patch. The Company is working with Professor Ryan Donnelly under a research agreement with The Queen's University of Belfast to develop the microneedle patch for the delivery of ketamine and KETABET. Foundational research is almost complete and final research results will become available in December 2021. To date, initial proof of concept with ketamine and KETABET is very encouraging. The Company is currently preparing for validation and tech transfer activities to support Phase 1 and Phase 2 clinical studies in 2022. Development progress will be made available as they arise for the remainder of the year. The Company's microneedle patch leverages the successful proof of concept achieved in delivering esketamine, the S(+) enantiomer of ketamine, via the microneedle patch, which may overcome the drawbacks associated with ketamine administration in an intravenous or nasal spray format. Details of the research can be found in a published paper titled "Hydrogel-forming microneedle arrays as a therapeutic option for transdermal esketamine delivery." GelMA Microneedle Delivery Technology for Psychedelics The Company is working with the Terasaki Institute under a research agreement to finalize the development of a proprietary microneedle delivery technology comprised of a biocompatible and biodegradable gelatin methacryloy composite for use with psychedelics such as psilocybin, DMT, MDMA and LSD. The GelMA patch delivery technology is the driving force of the Company's psychedelics microdosing program. The research program is almost complete and successful proof of concept with psilocybin and LSD has been achieved. Full research results will be made available in November 2021. The Company is currently preparing for validation and tech transfer activities to support Phase 1 and Phase 2 clinical studies in 2022.
PHRRF

Hot Stocks

07:28 EDT PharmaTher to focus on advancing three developments through Phase 2 studies - PharmaTher Holdings is pleased to provide a product pipeline update and anticipated milestones for Q4-2021 and 2022 including ongoing FDA Phase 2 clinical study programs, microneedle patch delivery programs for psychedelics, and clinical, commercial manufacturing and supply for its proprietary ketamine and microneedle patch products. For the rest of 2021, PharmaTher will focus on advancing three promising developments through FDA Phase 2 clinical studies: Ketamine for Parkinson's Disease: The FDA's approval to proceed with a Phase 2 clinical trial to evaluate the safety, efficacy and pharmacokinetics of ketamine in the treatment of levodopa-induced dyskinesia in patients with Parkinson's disease triggered clinical program execution. The Company has completed its clinical trial start-up activities and selection of essential vendors including project management, central laboratory, clinical supply kits and logistics, data management and biostatistics, and clinical site management and monitoring. Clinical trial drug product and active placebo have also been obtained. More importantly, the Company has selected ten clinical sites in the U.S. to participate in the Phase 2 clinical study. Patient screening has begun and the Company expects patient enrollment to support the delivery of clinical results in Q4-2021. If the Phase 2 clinical study is positive, the Company will request a meeting with the FDA to discuss its plan and obtain an agreement to move to a Phase 3 clinical study under the 505(b)2 regulatory pathway in the first half of 2022. KETABET for Treatment-Resistant Depression The Company has finalized the Phase 2 clinical study protocol to evaluate KETABET for treatment-resistant depression. The Company is working with its scientific and clinical advisor, Dr. Maurizio Fava, MD, with the aim to complete the IND and file it with the FDA in early October. With the overlap of the clinical operations from the Parkinson's disease study, the Company has already activated start-up activities and identified potential clinical sites to screen and enroll patients for the proposed Phase 2 clinical study in Q4-2021. The aim is to share initial clinical results by the end of this year. Assuming the Phase 2 clinical study is positive, the Company will request a meeting with the FDA to discuss its plan and obtain an agreement to move to a Phase 3 clinical study under the 505(b)2 regulatory pathway in the first half of 2022. Ketamine for Amyotrophic Lateral Sclerosis: The Company has been granted orphan drug designation by the FDA for ketamine to treat ALS and along with its clinical advisors, has finalized the Phase 2 clinical study protocol. The IND application for this study is in process and will be filed with the FDA in October 2021 with patient enrollment targeting Q1-2022. PharmaTher has an exclusive license agreement with the University of Kansas for the intellectual property protecting the potential use of ketamine to treat ALS. Preclinical research has shown that the administration of ketamine preserves muscle function in advancing ALS and could potentially increase life expectancy when given in the early stages of muscle decline.
ABCM

Hot Stocks

07:23 EDT Abcam says lab activity, demand have continued to gradually recover - Uncertainty around the COVID-19 pandemic remains, yet laboratory activity and demand have continued to gradually recover and trading performance year-to-date is in line with the Board's expectations, with mid-teens CER revenue growth in July and August. Based on prevailing exchange rates to pound sterling, the foreign exchange headwind to revenue growth is expected to be approximately 6% in the six months to 31 December 2021. Following the recent Oracle ERP deployments and investments made in our global facilities, adjusted depreciation and amortisation (costs of approximately GBP17-18m are expected in the six months to 30 December 2021; Excluding D&A, adjusted costs and expenses for the six months ended 31 December 2021 are expected to grow at mid- to high- single digit over the six-month period ended 30 June 2021.
GILT

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07:23 EDT Gilat Satellite receives $12M service agreement for operation in Peru - Gilat Satellite Networks announced that Gilat received a $12M service award for recurring revenues from broadband services in Cusco, Peru. Operation & Maintenance for a three-year period will be provided for the regional broadband transport network. This contract of the regional broadband service project follows the completion of the construction phase and successful acceptance test, granted for Cusco, earlier this year. "The operation & maintenance services for the transport network of the Cusco region is an additional step in materializing Gilat's strategy to provide this service to the transport networks of all six regions that Gilat operates," said Arieh Rohrstock, Corporate SVP and General Manager Gilat Peru. "We see this significant achievement as opening the door for potential growth in the additional regions and a significant milestone in bringing us closer to achieving our target of $50 million dollars in annual recurring revenues from Peru."
TARA

Hot Stocks

07:21 EDT Protara announces results from study on cholestasis in patients on PN - Protara Therapeutics announced the completion of a retrospective prevalence study designed to enhance understanding of the incidence of intestinal failure associated liver disease, or IFALD, in patients dependent on parenteral nutrition, or PN. The study found that approximately 30% of patients who are dependent on PN have cholestasis, a hallmark pathology of IFALD, despite the use of current medical management in these patients. The Company is currently developing intravenous Choline Chloride, an investigational phospholipid substrate replacement therapy, for the treatment of patients receiving PN who have IFALD. "Findings from this retrospective study reinforce that there are a significant number of patients dependent on PN who are suffering from IFALD who may potentially benefit from treatment with IV Choline Chloride," said Jesse Shefferman, Chief Executive Officer of Protara Therapeutics. "We remain committed to strengthening the understanding of the unmet need in this devastating disease, for which there are no approved therapies." In order to further characterize the prevalence and needs of IFALD patients dependent on PN, the Company recently initiated a prospective, multi-center, cross-sectional observational study that will assess the prevalence of choline deficiency, as well as cholestasis and steatosis, in approximately 300 patients dependent on PN. The Company expects to use the results from the completed retrospective study and ongoing prospective study to inform next steps for its IV Choline Chloride development program.
LMPX

Hot Stocks

07:19 EDT LMP Automotive to purchase 85% interest in Alan Jay Automotive - LMP Automotive announced its entry into definitive acquisition agreements to purchase an 85% interest in the Alan Jay Automotive Network, a 12-dealership group in Florida, along with the associated real estate. The transaction: is expected to close in the fourth quarter of this year; has an Aggregate Purchase price of approximately $50M for goodwill expected to be funded through a combination of cash on LMP's balance sheet, up to $25M in common stock and debt financing; and an Aggregate Real estate purchase price of approximately $44.1M. Richard Aldahan, LMP's Chief Operating Officer, stated, "First, I would like to welcome Alan Jay Wildstein, Michael Witham and James Lizotte to the LMP organization. Upon close, Alan Jay Wildstein will be Regional Vice President at LMP, Partner, as well as Dealer Operator of the acquired dealership group. Michael Witham will continue to be the group's Chief Operating Officer, along with James Lizotte who will be Vice President of Operations, each of whom have over 30 years' experience in the automotive industry. I look forward to working with each of them in our future partnership. This acquisition will further expand our management team and Southeast footprint. We intend to continue expanding aggressively in this region as we are seeing a record amount of interest in our dealer partner model."
ZYNE

Hot Stocks

07:18 EDT Zynerba initiates RECONNECT Phase 3 trial of Zygel - Zynerba Pharmaceuticals announces the initiation of a pivotal, multinational randomized, double-blind, placebo-controlled, multiple-center, efficacy and safety Phase 3 trial. The RECONNECT trial is designed to evaluate the efficacy and safety of Zygel in children and adolescents with Fragile X syndrome. The trial is planned to confirm the positive results observed in a population of responders in the Company's CONNECT-FX trial, a randomized, double-blind, placebo-controlled trial which assessed the efficacy and safety of Zygel as a treatment for the behavioral symptoms of FXS. FXS is a genetic condition that causes intellectual disability, behavioral and learning challenges and is the most common known single-gene cause of autism spectrum disorder. RECONNECT will be an 18-week trial that is expected to enroll approximately 200 children and adolescents, aged three through 17 years, at approximately 25 clinical sites in the United States, Australia, the UK and Ireland. Approximately 160 of the patients enrolled will have complete methylation of their FMR1 gene and approximately 40 patients will have partial methylation of their FMR1 gene. Patients will be randomized 1:1 to either Zygel or placebo. Randomization will be stratified by gender, methylation status and weight. The primary endpoint for the trial will be the change from baseline to the end of the treatment period in the Aberrant Behavior Checklist-Community FXS Specific Social Avoidance subscale in patients who have complete methylation of their FMR1 gene. The ABC-CFXS Social Avoidance subscale is the same primary endpoint used in the CONNECT-FX trial. Key secondary efficacy endpoints include: The change from baseline to the end of the treatment period in the ABC-CFXS Irritability subscale in patients who have complete methylation of their FMR1 gene. Percent of patients with any improvement on the Caregiver Global Impression of Change at the end of the treatment period for Social Interactions among patients with complete methylation of the FMR1 gene. Percent of patients rated as improved on the Clinical Global Impression- Improvement scale among patients with complete methylation of the FMR1 gene. The change from baseline to the end of the treatment period in the ABC-CFXS Social Avoidance subscale among all randomized patients. Topline results for the RECONNECT trial are expected in the second half of 2023.
ADCT

Hot Stocks

07:18 EDT ADC Therapeutics receives orphan drug designation in Europe for Zynlonta - ADC Therapeutics announced that the European Commission has granted Orphan Drug Designation to ZYNLONTA, a CD19-targeted ADC, for the treatment of diffuse large B-cell lymphoma, DLBCL. "This Orphan Drug Designation recognizes the significant unmet need in patients with diffuse large B-cell lymphoma in the European Union " said Joseph Camardo, MD, Senior Vice President and Chief Medical Officer of ADC Therapeutics. "We are committed to providing global access to ZYNLONTA for as many patients as may benefit. This designation is an important step in our collaboration with EMA for our marketing authorization in the EU." Orphan Drug Designation in the EU is granted by the European Commission based on a positive opinion issued by the EMA Committee for Orphan Medicinal Products . It is intended to encourage the development of drugs that may provide significant benefit to patients suffering from rare, life-threatening diseases. If approved for marketing, this designation will provide ten years of marketing exclusivity and also provide special incentives for sponsors, including eligibility for protocol assistance and possible exemptions or reductions in certain regulatory fees.
TRIP

Hot Stocks

07:18 EDT TripAdvisor announces collaboration with Audible - Tripadvisor announced a collaboration with Audible, a creator and provider of premium audio storytelling. Together, the collaboration creates the ultimate travel content. Travelers will enjoy Audible's unmatched library of exclusive Originals, audiobooks and podcasts, and "Trip Playlists" created by Tripadvisor Plus that deliver people-powered travel guidance. Now through November, this collaboration makes it easy for travelers to bring their favorite audio playlists with them during their next trip with just a few taps on their mobile device. All U.S. Audible members and current free trial users: $30 off a year of Tripadvisor Plus. Tripadvisor Plus members: 90-day free trial to Audible Plus. All Tripadvisor members: 30-day free trial to Audible Premium Plus.
MESA

Hot Stocks

07:15 EDT Mesa Air reports 32,501 block hours in August - Mesa Airlines reported 32,501 block hours in August 2021, a 73.4 percent increase from August 2020 as a result of continued increased summer flying and the relaxation of certain COVID restrictions. The Company also reported a controllable completion factor of 99.71 percent and 99.66 percent for its American and United operations, respectively.
AMRN

Hot Stocks

07:15 EDT Amarin announces first European launch of VAZKEPA in Germany - Amarin announced the first European launch of VAZKEPA in Germany. VAZKEPA received marketing authorization from the European Commission in March 2021 and the Medicines and Healthcare Products Regulatory Agency in Great Britain in April 2021. The European launch of VAZKEPA, beginning in Germany, is supported by evidence-based cardiovascular clinical outcomes research including the REDUCE-IT study, a study which established that VASCEPA/VAZKEPA lowers the risk of a life-threatening heart attack or stroke by 25% when added to a statin in the targeted population. Amarin's president and chief executive officer, Karim Mikhail, stated, "The German launch is a historic moment for Amarin, as it is the first European country where VAZKEPA's proven cardioprotective benefits are available to healthcare providers and patients. This is particularly important as CVD is the number one cause of death in Europe." Mr. Mikhail added, "Our European launch marks a key milestone in our corporate growth strategy to bring the cardiovascular risk reduction benefits of VASCEPA/VAZKEPA to at-risk patients around the world. As Germany is the fourth largest global economy and there are more than 300,000 deaths due to CVD in Germany every year3, it represents both a significant market need and opportunity."
GTBP

Hot Stocks

07:15 EDT GT Biopharma advances GTB-3650 into IND-enabling studies - GT Biopharma announces the advancement of GTB-3650 into IND-enabling studies, with which it plans to supplant the ongoing Phase 1 program with GTB-3550. "We look forward to advancing GTB-3650 toward the clinic" noted Greg Berk, M.D., GT Biopharma's President of R&D and Chief Medical Officer. "This transition marks the next logical evolution of our TriKE platform. As the company focuses its resources on the most promising pipeline candidates, GTB-3650 will now be able to take advantage of the strong evidence gathered from our first-generation pilot TriKE program. Complementing this development advance, has been the transition of all manufacturing processes to Cytovance Biologics, a leading specialty cGMP contract manufacturing organization. We have now achieved another strategic milestone consistent with our mission to advance novel immuno-oncology drugs to patients with advanced cancers", commented Dr. Berk.
MKTY

Hot Stocks

07:15 EDT EcoChain announces August site level financials - EcoChain announced the release of its August site level financials. Michael Toporek, CEO of MTI, stated, "We are pleased to report our continued execution with another strong month of growth as our cash contribution margin more than doubled and installed hashrate in August increased by 174%. We have continued to invest in computing resources and infrastructure and are well positioned for additional growth in 2021 towards our stated goal of 50MW under management by the end of 2021." Key August Milestones: Contribution Margin more than doubled from July: $358k in July, $748k in August, Annual run-rate of $8.97 million; Anaconda facility going live in September: Scaling up through Q4; Hosting JV went live in August: ROIC on infrastructure investment at about 1 year payback. Took over management of Python facility. Toporek further commented, "It's great to see our Python facility ramping up. As it hits capacity in January or February of next year, margins will expand as power costs decline by about 20% and we are able to amortize our labor and overhead costs over the output of a fully ramped facility. We believe the most important metric for performance is return on invested capital, how much did we spend on our facility and computing resources and what is the cash level generated. Beginning with Q1'22, we will report that for Python as we have for TNT where we have returned all capital invested in under 12 months."
BWMX

Hot Stocks

07:13 EDT Betterware de Mexico announces $50M share repurchase program - Betterware de Mexico announced that as part of the company's long-term strategy to maximize stockholder value, its Board of Directors authorized the repurchase of up to $50M of the company's common stock. Betterware intends to have the stock repurchase plan in place until December 31, 2022.
TELA

Hot Stocks

07:13 EDT Tela Bio announces new data on use of OviTex - TELA Bio announced details of the clinical research presented last week at the Society of American Gastrointestinal and Endoscopic Surgeons meeting in Las Vegas, Nevada. Two poster presentations revealed new data, while a third video presentation demonstrated a novel surgical technique that leverages the unique properties of OviTex Reinforced Tissue Matrix. Robotic Assisted ReBAR of 111 Inguinal Hernias revealed a 2.7% recurrence rate, a 1.8% surgical site occurrence rate, and no infections in patients with at least one year of follow-up. The authors concluded that robotic transabdominal preperitoneal inguinal hernia repair with OviTex presents a viable and more natural repair alternative in minimally invasive surgery, an approach typically reserved for permanent synthetic meshes. Dr. Szotek stated, "The Reinforced Biologic Augmented Repair, or the ReBAR technique, applies sound hernia surgery principles while leveraging the benefits of a reinforced biologic material with a low synthetic foreign body burden. Our initial goals in adopting OviTex were to lower recurrences while decreasing the amount of synthetic foreign body implanted. That's what patients are increasingly looking for, and it makes a lot of clinical sense if you can achieve it. With over five years of experience utilizing the ReBAR technique with OviTex, it appears that we are on the way to achieving these goals." Additional data on hernia repairs employing the ReBAR technique was recently highlighted in an article. In this prospective study of 619 implants using the ReBAR technique for a variety of open and minimally invasive inguinal and abdominal hernia repairs the authors reported an overall recurrence rate of 1.3%. Use of Ovine Reinforced Tissue Matrix in Bridged Incisional Hernia Repair analyzed recurrence rates in the treatment of abdominal hernias that require reinforcement in the absence of a primary repair. In this series, patients with bridged repairs using OviTex had a 14% recurrence rate.
PPBT BMY

Hot Stocks

07:13 EDT Purple Biotech to present overview of ongoing Phase 1b/2 trial of CM24 - Purple Biotech (PPBT) provided an update on its ongoing Phase 1b/2 clinical trial of CM24, a monoclonal antibody blocking CEACAM1, in combination with nivolumab, a PD-1 inhibitor, in advanced cancer patients, with expansion cohorts in subjects with non-small cell lung cancer and in combination with nivolumab and nab-paclitaxel in pancreatic cancer. In a Trials in Progress poster at the ESMO 2021 Congress, which will be held on September 16-21, 2021, Purple Biotech will present an overview and the design of the ongoing Phase 1b/2 study. The poster is titled, "A Phase 1b Study of CM24 in Combination with Nivolumab in Adults with Advanced Solid Tumors, followed by a Phase 2a study of CM24 in Combination with Nivolumab in NSCLC, and in Combination with Nivolumab and nab-paclitaxel in Pancreatic Cancer." Top-line data from the first dose cohort of CM24 10mg/kg included a partial response demonstrated in a patient with refractory advanced pancreatic cancer previously treated with two lines of therapy following two courses of treatment with CM24 in combination with nivolumab 480mg/kg. Additionally, there were no dose-limiting toxicities or serious adverse events observed in any of the three patients enrolled in the first cohort of the study. Enrollment in the second dose cohort has successfully concluded. Moreover, the Phase 1b/2 study is being expanded to additional sites in the U.S. and Israel. The study is a Phase 1b/2 clinical trial with expansion cohorts in subjects with NSCLC and pancreatic cancer. CM24 is dose escalated from 10mg/kg, in combination with nivolumab, 480mg q4w, in Phase 1b, in patients with NSCLC, pancreatic cancer, ovarian carcinoma, colorectal adenocarcinoma, melanoma, or thyroid carcinoma, with the primary objective of evaluating safety, PK and determining the recommended Phase 2 dose. In the Phase 2 component, patients with NSCLC will be treated with CM24 and nivolumab after first-line immuno-oncology failure, and patients with advanced/metastatic pancreatic adenocarcinoma will be treated with CM24, nivolumab, and nab-paclitaxel after first-line therapy failure, with study endpoints being safety and preliminary efficacy. CEACAM1 level of expression, as well as a number of other immune, biochemical and adhesion-related molecules, will be evaluated as potential biomarkers in the study. The trial is being conducted under a clinical collaboration and supply agreement with Bristol Myers Squibb (BMY). Purple Biotech is the sponsor of the trial.
GSMG

Hot Stocks

07:12 EDT Glory Star New Media approved to operate cross-border e-commerce business - Glory Star New Media announced that it has received its business license and permit to operate a cross-border e-commerce business. The company has received approvals from the Ministry of Commerce of the People's Republic of China to engage in foreign trade operations, and from the General Administration of Customs of the People's Republic of China to be a consignee of imported goods and consignor of exported goods. Glory Star plans to utilize its new business license and permit to develop a new cross-border e-commerce business and to further expand and promote its CHEERS e-Mall platform services to importers, exporters, and businesses outside of China. Glory Star's expansion into cross-border e-commerce is aligned with government objectives. During the Executive Meetings of the State Council chaired by Chinese Premier Li Keqiang on June 22, 2021, state councilors reached an agreement to accelerate the development of new forms and models of foreign trade as well as to improve the supporting policy system for the development of cross-border e-commerce in China.
PVG

Hot Stocks

07:11 EDT Pretium says resource expansion drilling continues to intersect high-grade gold - Pretium Resources announced that it continues to intersect high-grade gold mineralization in Phase 3 of the North Block resource expansion drill program at the Brucejack Mine in British Columbia. Phase 3 of the North Block resource expansion drill program was initiated to follow-up on the high-grade gold intersected directly to the north of the Valley of the Kings deposit during Phase 1 and Phase 2 of the North Block drill program. Phase 3 results include seven intersections assaying above 1,000 grams per tonne gold. Drill hole VU-3255 assayed 493.2 grams per tonne gold over 15.0 meters, including 7,360 grams per tonne gold over 1.0 meter. Drill hole VU-3242 assayed 676.8 grams per tonne gold over 7.0 meters, including 3,150 grams per tonne gold over 1.5 meter. High-grade gold mineralization was intercepted up to 450 meters from the current Valley of the Kings resource shell and up to 300 meters from the West Zone resource shell. One drill hole from each drill fan was extended to test the exploration potential to the north of the North Block Zone. These extended holes intersected stockwork veining and high-grade gold mineralization along trend from the West Zone. An intersection from drill hole VU-3252 assayed 3,660.0 grams per tonne gold over 1.0 meter at 330.5 meters down hole. The North Block Zone is located directly to the north of the Valley of the Kings deposit. The resource expansion exploration program is designed to test for Valley of the Kings-style mineralization to the north and at depth. Phase 3 of the program was drilled from the 1150 and 1070 Levels in the mine, targeting an area extending up to 450 meters north of the current Valley of the Kings resource shell. Phase 3 of the North Block resource expansion program comprised 25,154 meters in 85 drill holes. Drilling from the 1150 Level intersected the extension of the Domain 13 Stockwork, which is currently being mined in the Valley of the Kings. Drilling from the 1070 Level intersected the recently identified corridor of gold mineralization in the footwall of the Domain 13 structure, featuring coarse electrum in northwest oriented quartz-carbonate veins within a broader halo of lower grade gold mineralization. Significant drill results are shown below: Hole VU-3042 intersected 93.4 grams per tonne gold over 34.5 meters, including 3,140 grams per tonne gold and 2,000 grams per tonne silver over 1.0 meter. Hole VU-3241 intersected 133.7 grams per tonne gold over 6.0 meters, including 3,590 grams per tonne gold and 2,680 grams per tonne silver over 1.0 meter. Hole VU-3242 intersected 676.8 grams per tonne gold over 7.0 meters, including 3,150 grams per tonne gold and 1,870 grams per tonne silver over 1.5 meters. Hole VU-3249 intersected 5.3 grams per tonne gold over 13.5 meters, including 3,660 grams per tonne gold over and 3,040 grams per tonne silver over 1.0 meter. Hole VU-3255 intersected 493.2 grams per tonne gold over 15.0 meters, including 7,360 grams per tonne gold and 4,400 grams per tonne silver over 1.0 meter.
VRTS

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07:10 EDT Virtus Investment reports preliminary AUM $183.3B as of August 31 - Virtus Investment Partners reported preliminary assets under management, as of August 31, of $183.3B. In addition, the company provided services to $3.9B of other fee-earning assets that are not included in assets under management.
ATER

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07:10 EDT Aterian up 17% in pre-market trading at $13.77 per share - Shares of Aterian are up about 17% at $13.77 in pre-market trading following Friday's 16% advance. The stock is in the top 5 highest trending tickers on StockTwits in terms of message volume over the past 24 hours.
GPI

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07:09 EDT Group 1 Automotive acquires Prime Automotive Group dealerships - Group 1 Automotive announced it has entered into a definitive agreement to purchase substantially all the assets, including real estate, of Prime Automotive Group, headquartered in Westwood, Massachusetts. In 2020, the corresponding Prime dealerships generated $1.8B in annual revenues and retailed over 52,000 new and used vehicles.
PSTV

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07:09 EDT Plus Therapeutics appoints Norman LaFrance as CMO - Plus Therapeutics announced the appointment of Norman LaFrance, M.D. to the position of Chief Medical Officer, or CMO, and Senior Vice President. Dr. LaFrance's appointment begins on or around December 8, 2021 and he joins the Company with nearly 40 years of experience as a nuclear medicine physician and as an executive in the pharmaceutical and healthcare industries. He was most recently Chief Medical Officer, Senior Vice President, at Jubilant Pharma, responsible for all Pharma Medical & Regulatory Affairs activities.
LYRA

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07:09 EDT Lyra Therapeutics appoints Jason Cavalier as CFO - Lyra Therapeutics announced the appointment of Jason Cavalier as CFO. He succeeds Don Elsey, who is retiring as the Company's CFO and is expected to serve in an advisory role to assist with the transition. Cavalier will lead the Company's financial and capital markets strategy, advise on business development and transactional activities, as well as support investor and public relations. Cavalier joins Lyra after serving as Managing Director, Head of Life Sciences Mergers & Acquisitions at Cantor Fitzgerald.
RILY DDI

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07:08 EDT B. Riley Financial to acquire additional shares of DoubleDown - B. Riley Financial (RILY) announced it intends to commence a cash tender offer, through its wholly owned subsidiary, to purchase additional shares of DoubleDown Interactive (DDI). B. Riley intends to commence a tender offer to purchase up to 2M American Depositary Shares, each representing 0.05 of a common share of DDI, at $18.00 per ADS. Terms of the tender offer are expected to be finalized shortly with the tender offer to formally commence by late September.
ZNTL

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07:07 EDT Zentalis announces first patient dosed in Phase 1/2 study of ZN-c3 - Zentalis Pharmaceuticals announced that the first patient has been dosed in the Phase 1/2 trial of ZN-c3, the company's oral WEE1 inhibitor product candidate, in combination with gemcitabine, a chemotherapy used to treat certain malignant tumors, in pediatric and adult patients with relapsed or refractory osteosarcoma. "We are thrilled to expand our ZN-c3 program with the initiation of a fourth clinical trial for this candidate, underscoring ZN-c3's potential versatility across a broad range of solid tumors," commented Dr. Anthony Sun, Chairman and Chief Executive Officer of Zentalis. "Relapsed or refractory patients with osteosarcoma, a rare type of bone cancer, have an extremely poor prognosis, reinforcing the need for novel treatment regimens to combat this highly aggressive disease. With over 50% of osteosarcomas having a mutation in TP53 - potentially resulting in chemoresistance - we believe that inhibiting the DNA damage response protein WEE1 could enhance the efficacy of gemcitabine in this pre-treated population. We are eager to conduct this seminal study evaluating this combination's clinical safety and efficacy and look forward to reporting initial results from this trial in the second half of 2022."
FUN

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07:06 EDT Cedar Fair hires Ty Tastepe as Chief Information Officer - Cedar Fair Entertainment announced that Ty Tastepe has joined the company in the newly created role of senior vice president and chief information officer. He will be based at the company's office in Charlotte, North Carolina, and will report to President and Chief Executive Officer Richard A. Zimmerman.
ASGTF

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07:05 EDT Altus Group sees 'strong' second half of the year - Altus Group announced today its financial outlook for the second half of 2021.Since Altus Group's second quarter interim financial results were released on August 12, 2021, the Company continues to deliver robust performance across all of its business segments and expects a strong second half of the year to deliver mid-teen year-over-year growth in consolidated constant currency revenues in FY2021 at improved margins. Reflecting the strong 68% constant currency year-over-year Altus Analytics Bookings growth in the six months ended June 30, 2021, revenue growth is expected to accelerate in the second half of 2021. There is solid momentum in both new client growth and existing client expansion across the whole business with Altus Analytic Bookings to date approaching total Bookings in FY2020. Over Time revenue growth is also expected to pick up in the second half of 2021. The CRE Consulting segment is also poised for robust performance in the second half of the year, reflecting healthy market fundamentals across its core practice areas. The global Property Tax business is on track to deliver record FY2021 revenue and Adjusted EBITDA results, however, is expected to experience some quarterly variability in the second half of the year primarily due to continuing COVID-19-related disruptions and appeal settlement delays in the U.S. and the U.K. markets which is expected to result in anticipated third quarter revenues to be deferred into future quarters.
ADAP

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07:05 EDT Adaptimmune announces data from its Phase 1 SURPASS trial - Adaptimmune Therapeutics announced updated data from its Phase 1 SURPASS trial in multiple solid tumors to be presented in a digital poster at the upcoming European Society for Medical Oncology, or ESMO, annual meeting. "It is no longer a question of whether our SPEAR T-cells are effective against a range of MAGE-A4 expressing tumors - they undoubtedly are. Now, our focus is on turning them into approved therapies. This begins with ongoing recruitment in this SURPASS trial for people with lung, bladder, gastroesophageal, head and neck, and now ovarian cancer, and continues with the recently initiated SURPASS 2 trial in esophageal and EGJ cancers," said Adrian Rawcliffe, Adaptimmune's CEO. "These data bring us closer to identifying further indications to take into late-stage development and confirm our expertise in developing and enhancing cell therapies. ADP-A2M4CD8 does exactly what we designed it to do - kill cancer cells and more effectively engage the broader immune system to deliver improved potency and clinical benefit." Results from Phase 1 SURPASS trial: all patients had advanced metastatic disease and had received multiple prior regimens of systemic therapy; the overall response rate was 36% and the disease control rate was 86%; there was a complete response reported in a patient with ovarian cancer, which remains ongoing at 6 months post-infusion. Conclusions from the Phase 1 SURPASS Trial Data at ESMO: initial efficacy and durability data are "encouraging" with responses across five different solid tumors including a complete response in a patient with ovarian cancer ongoing at 6 months; the safety profile of the next-generation ADP-A2M4CD8 cell therapy was acceptable; data confirm preclinical observations that the enhanced TCR interaction in ADP-A2M4CD8 results in a more potent product; safety and efficacy, including duration of response, will continue to be evaluated in the ongoing SURPASS trial, which is enrolling eligible patients with gastroesophageal, head and neck, lung, bladder, and ovarian cancers; and a Phase 2 trial, SURPASS-2, has initiated for patients with esophageal and EGJ cancers
ALNY

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07:05 EDT Alnylam submits vutrisiran MAA to EMA - Alnylam announced the submission of a marketing authorization application, or MAA, to the European Medicines Agency, or EMA, for vutrisiran, an investigational RNAi therapeutic for the treatment of hereditary transthyretin-mediated, or hATTR, amyloidosis in adult patients with polyneuropathy.
DCBO

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07:04 EDT Docebo CFO Ian Kidson retires, Sukaran Mehta appointed interim immediately - Docebo announced Ian Kidson's retirement as Chief Financial Officer of Docebo. Sukaran Mehta, CPA, CA, ACA, Vice President of Financial Reporting, has been appointed as Interim Chief Financial Officer effective immediately until a permanent replacement is named. Mr. Kidson will continue to be employed by Docebo until October 11, 2021. He will then be available on a consulting basis until December 31, 2021 to provide support as needed and ensure an orderly transition. "Ian joined Docebo to help us prepare and execute our IPO and on behalf of the Company, we thank him for his contributions during a period of unprecedented progress and growth," said Claudio Erba, CEO. "We have a great foundation today, with an experienced finance team led by Sukaran that enables this orderly transition as we position Docebo for our next phase of growth."
VAC

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07:04 EDT Marriott Vacations reinstates 54c p/share dividend, approves $250M share buyback - The company is announcing today that its Board of Directors reinstated a 54c per share dividend of common stock payable on October 7 to shareholders of record as of September 23. Additionally, the company's Board of Directors authorized the repurchase of up to $250M of its common stock.
TIL

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07:03 EDT Instil Bio receives IND clearance to initiate Phase 2 trial of ITIL-168 - Instil Bio reported clearance of its Investigational New Drug application from the U.S. Food and Drug Administration to initiate DELTA-1, a global Phase 2 clinical trial of ITIL-168 in patients with advanced melanoma whose disease has relapsed after a PD-1 inhibitor and, if positive for a BRAF-activating mutation, a BRAF inhibitor. The DELTA-1 trial was expanded during the IND review process, in consultation with FDA, to include additional populations of patients with advanced melanoma. Cohorts 2 and 3 will enroll patients who discontinued PD-1 inhibitor therapy due to intolerable toxicity and patients who had an unsatisfactory response to prior PD-1 inhibitor but have not yet experienced disease progression, respectively. Topline safety and efficacy results are expected in 2023 and, if positive, are anticipated to support the submission of a biologics license application to the FDA in 2023 and a Marketing Authorization Application to the European Medicines Agency in 2024.
RFP

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07:03 EDT Resolute Forest announces Duncan Davies to succeed Bradley Martin as chairman - Resolute Forest announced that the board of directors appointed, effective immediately, Duncan Davies as an additional member of the company's board, and that Davies will succeed Bradley Martin as the company's non-executive chairman. Martin of Fairfax Financial will continue to serve as vice chairman of Resolute's now eight-member board. Davies was president and chief executive officer of Interfor for nearly 20 years until he stepped down in 2019, and served most recently as chief executive officer of Pinnacle Renewable Energy.
VAC

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07:02 EDT Marriott Vacations sees Q3 contract sales at lower end of $380M-$410M - In its Vacation Ownership business, the company continues to experience strong occupancies at most of its resorts, despite modestly elevated cancellation trends in certain markets due to the COVID-19 delta variant and the fires impacting Lake Tahoe. As a result, the company expects contract sales for the third quarter of 2021 to be towards the lower end of original guidance of $380M-$410M, continuing to illustrate the resiliency of its leisure-focused business model. "With our product offerings resonating with customers more than ever, we expect our Adjusted EBITDA in the third quarter to approach 2019 levels," said Stephen P. Weisz, CEO.
DAWN BLCM

Hot Stocks

07:02 EDT Day One Biopharmaceuticals appoints Jaa Roberson as CPO - Day One Biopharmaceuticals (DAWN) announced the appointment of Jaa Roberson as chief people officer. In her role, Ms. Roberson will oversee all aspects of Day One's human resources and talent acquisition efforts. Most recently, she was the head of human resources for Bellicum Pharmaceuticals (BLCM), a clinical-stage biopharmaceutical company focused on cellular immuno-oncology.
BMY

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07:01 EDT Bristol-Myers: Opdivo plus Yervoy shows durable OS at three years - Bristol Myers Squibb announced three-year data from the CheckMate -743 trial that demonstrated a durable survival benefit with first-line treatment with Opdivo plus Yervoy compared to platinum-based standard-of-care chemotherapy in patients with unresectable malignant pleural mesothelioma, regardless of histology. With a minimum follow-up of three years: Among patients treated with Opdivo plus Yervoy, 23% were alive at three years, compared to 15% of patients treated with chemotherapy. Treatment with the dual immunotherapy combination continued to show a reduction in the risk of death, and improvement in median overall survival, the trial's primary endpoint, vs. chemotherapy. The safety profile for Opdivo plus Yervoy remained consistent with previously reported data in first-line MPM, with no new safety signals identified. These data will be presented on September 17, 2021 at 13:40 CEST/7:40 a.m. EDT during the Proffered Paper session at the 2021 European Society for Medical Oncology Virtual Congress. At three years of follow-up and approximately one year of being off treatment per protocol, more patients who responded to Opdivo plus Yervoy remained in response than those treated with chemotherapy, and duration of response was longer with the dual immunotherapy combination, regardless of histology: 28% of patients who responded to Opdivo plus Yervoy remained in response at three years compared to no patients in the chemotherapy arm. Those treated with the dual immunotherapy combination had a median DOR of 11.6 months, compared to 6.7 months with chemotherapy. Objective response rate in patients treated with the combination was comparable to chemotherapy.
OCUL

Hot Stocks

06:53 EDT Ocular Therapeutix reports in-market unit sales of DEXTENZA billable inserts - Ocular Therapeutix reported in-market unit sales of DEXTENZA billable inserts of 6,924 and 9,321 in July and August, respectively, as part of the company's corporate presentation at the H.C. Wainwright 23rd Annual Global Investment Conference. August units represent the second highest month of in-market unit sales of DEXTENZA billable inserts to date.
SQZ

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06:52 EDT SQZ Biotechnologies announces first clinical translation of TAC platform - SQZ Biotechnologies announced that the first clinical translation of the company's Tolerizing Antigen Carrier platform in autoimmune diseases will be for celiac disease, a chronic autoimmune disorder that afflicts millions of patients and has no approved drug treatment. The company anticipates an IND filing in the third quarter of 2022. In preclinical models, SQZ TACs have demonstrated the ability to induce multi-mechanism antigen-specific tolerance relevant to many immune mediated disorders. The company's celiac disease program may support expansion into additional autoimmune diseases.
MIRM

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06:50 EDT Mirum Pharmaceuticals submits MAA to EMA for maralixibat in ALGS - Mirum Pharmaceuticals announced the submission of a Marketing Authorization Application for the treatment of cholestatic liver disease in patients with Alagille syndrome to the European Medicines Agency. In conjunction with the ALGS submission, Mirum's MAA for progressive familial intrahepatic cholestasis type 2 was withdrawn with plans to re-submit after availability of results from the ongoing MARCH-PFIC Phase 3 study in a broader set of PFIC sub-types and with higher doses of maralixibat.
LAZ

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06:49 EDT Lazard reports preliminary AUM $282.8B as of August 31 - Lazard that its preliminary assets under management as of August 31 totaled approximately $282.8B. The month's AUM included market appreciation of $5B, foreign exchange depreciation of $0.5B and net outflows of $17M.
STOR

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06:47 EDT Store Capital raises quarterly dividend 6.9% to 38.50c per share - Store Capital announced that it has declared a regular quarterly cash dividend on its common stock of 38.50c per share for the third quarter ending September 30. On an annualized basis, this dividend of $1.54 per common share represents an increase of 10c per share over the previous annualized dividend. The dividend will be paid on October 15 to Store Capital stockholders of record as of the close of business on September 30.
BAH

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06:46 EDT Booz Allen to acquire Tracepoint, terms not disclosed - Booz Allen Hamilton announced that it has completed the acquisition of Tracepoint, a digital forensics and incident response company serving public and private sector clients. Booz Allen exercised its option to acquire the remainder of Tracepoint's business after making an initial strategic investment in Tracepoint in January 2021. This transaction is part of a broader capital deployment strategy to accelerate Booz Allen's entry and advancement in critical technology areas. Terms of the agreement were not disclosed.
NGD

Hot Stocks

06:43 EDT New Gold provides update on Rainy River Mine, consolidated operational outlook - New Gold provided an update to its 2021 operational outlook for the Rainy River Mine and the consolidated operational outlook. In early August, the company indicated that July production at Rainy River was primarily from the eastern area of the ODM zone and the realized gold grade from this area was below the modeled gold grade in this period. This trend continued in August. Over both July and August, the modeled East Lobe high and medium grade ore negatively reconciled to ounces mined, leading to a total of approximately 20,000 lower gold ounces produced during this period. The company has since followed up with additional reverse circulation drilling and globally, all areas outside of the East Lobe, continues to reconcile well where mining has occurred or is about to occur, and are consistent with historical results. The East Lobe represents approximately 35% of planned production for the remaining period of September to December. As a result of the variance experienced in the East Lobe, Rainy River's gold equivalent1 production for 2021 is now expected to be between 240,000 and 255,000 ounces. The company continues reverse circulation drilling in the East Lobe and the understanding of the mineralization is improving, however, additional drilling is required to refine the block model and improve its predictability. The company is advancing an underground optimization study for Rainy River, with completion anticipated by year-end, and results would be incorporated into the year-end Mineral Reserve and Resource and life of mine update. As a result of the Rainy River revisions, consolidated gold equivalent production for 2021 is now expected to be between 405,000 and 450,000 ounces. Annual consolidated copper production guidance remains unchanged at 56M to 66M pounds. New Gold expects its consolidated 2021 all-in sustaining costs to be between $1,415 to $1,495 per gold eq. ounce, and total cash costs to be between $960 to $1,030 per gold eq. ounce. New Afton guidance remains unchanged.
CPG

Hot Stocks

06:40 EDT Crescent Point Energy sees FY22 production 131,000-135,000 boe/d - Crescent Point announced its preliminary 2022 budget, which is expected to generate excess cash flow. Based on its initial budgeting process and the current outlook for commodity prices, Crescent Point is expecting to generate annual average production of 131,000-135,000 boe/d in 2022 based on development capital expenditures of $825M-$900M. Consistent with its capital allocation framework, the company's annual budget will continue to include a portion of capital allocated to long-term projects, such as decline mitigation, and various environmental initiatives. Crescent Point's preliminary 2022 budget is expected to generate significant excess cash flow, after dividends, of approximately $625M-$875M at $65/bbl - US$75/bbl WTI. Crescent Point has approximately 30% of its oil and liquids production currently hedged for 2022 and will continue add further protection in the context of commodity prices. The company will retain flexibility in its overall capital allocation as it formalizes its budget, which is expected to be released prior to the end of the year. Additional details on Crescent Point's 2022 program and other guidance information will be provided at that time.
CPG

Hot Stocks

06:38 EDT Crescent Point Energy increases quarterly dividend to 3c per share - Crescent Point Energy has approved an increase to the company's quarterly dividend as a result of significant progress made on improving its balance sheet strength and sustainability. Crescent Point's board has approved and declared a Q4 dividend increase to 3c per share to be paid on January 4, 2022 to shareholders of record on December 15. This equates to an annualized dividend of 12c per share, an increase of 11c per share from the current level.
MDXG

Hot Stocks

06:38 EDT MiMedx reports data from late-stage musculoskeletal trials of mdHACM - MiMedx Group announced top-line results from two late-stage musculoskeletal clinical trials of the company's micronized dehydrated Human Amnion Chorion Membrane: a Phase 2B clinical trial for the treatment of Knee Osteoarthritis and a Phase 3 clinical trial for the treatment of Plantar Fasciitis. Top-line results from an interim analysis of the six-month efficacy data for the Phase 2B clinical trial for KOA did not meet primary endpoints, but did reveal varied efficacy signals between patient cohorts evaluated pre- and post- a blinded interim analysis performed in mid-2019, prompting the company to plan for confirmatory efficacy studies for the KOA indication. The Phase 3 PF study did not meet its primary endpoint, and the company will not pursue a BLA for this indication at this time. Throughout both studies, the mdHACM product was found safe and well-tolerated. The company plans to meet with the FDA to thoroughly review the findings and determine the appropriate path forward toward the initiation of Phase 3 clinical trials in KOA. Based on the current analysis of the interim results for the Phase 2B clinical trial, the company now believes that two Phase 3 studies in KOA will be required to file a BLA and intends to provide an update for the timing of the filing, previously tentatively planned for late-2024 or early-2025, following review and discussion with the FDA.
SWK

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06:35 EDT Stanley Black & Decker to acquire Excel Industries for $375M, sees accretion - Stanley Black & Decker announced that it has entered into a definitive agreement to acquire Excel Industries for $375M in cash. Excel is a designer and manufacturer of commercial and residential turf-care equipment under the brands of Hustler Turf Equipment and BigDog Mower. With over $375M of revenue forecasted in 2021, Excel serves approximately 1,400 active independent equipment dealer outlets that stock, sell and service Hustler and BigDog products in the United States and Canada. The company is located in Hesston, Kansas, and has approximately 600 employees. The acquisition will be modestly accretive to Stanley Black & Decker's EPS in year one, and accretive to EPS by approximately 15c-20c by year three, excluding charges. The transaction, which has been approved by a majority of Excel's shareholders, is subject to purchase price adjustment provisions and customary closing conditions, including receipt of required regulatory approvals. The transaction will be funded with cash on hand and proceeds from borrowings.
ALZN

Hot Stocks

06:34 EDT Alzamend Neuro initiates Phase I trial of AL001 - Alzamend Neuro announced that the first group of healthy participants have been dosed in a six-month Phase I relative bioavailability study for AL001 for dementia related to Alzheimer's disease. The Phase I first-in-human study is for the purpose of determining potential clinically safe and appropriate dosing for AL001 in future studies. AL001 is a lithium-delivering ionic cocrystal under development as an oral treatment for patients with dementia related to mild, moderate, and severe cognitive impairment associated with Alzheimer's disease.
ABBV RGNX

Hot Stocks

06:33 EDT AbbVie, Regenxbio announce partnership to develop and commercialize RGX-314 - AbbVie (ABBV) and Regenxbio (RGNX) announced a partnership to develop and commercialize RGX-314, a potential one-time gene therapy for the treatment of wet age-related macular degeneration, or wet AMD, diabetic retinopathy, or DR, and other chronic retinal diseases. RGX-314 is currently being evaluated in patients with wet AMD in a pivotal trial utilizing subretinal delivery, and in patients with wet AMD and DR in two separate Phase II clinical trials utilizing in-office suprachoroidal delivery. Under the collaboration, Regenxbio will be responsible for completion of the ongoing trials of RGX-314. AbbVie and Regenxbio will collaborate and share costs on additional trials of RGX-314, including the planned second pivotal trial evaluating subretinal delivery for the treatment of wet AMD and future trials. AbbVie will lead the clinical development and commercialization of RGX-314 globally. Regenxbio shall participate in U.S. commercialization efforts as provided under a mutually agreed upon commercialization plan. Under the terms of the agreement, AbbVie will pay Regenxbio a $370M upfront payment with the potential for Regenxbio to receive up to $1.38B in additional development, regulatory and commercial milestones. Regenxbio and AbbVie will share equally in profits from net sales of RGX-314 in the U.S. AbbVie will pay Regenxbio tiered royalties on net sales of RGX-314 outside the U.S. In addition, Regenxbio will lead the manufacturing of RGX-314 for clinical development and U.S. commercial supply, and AbbVie will lead manufacturing of RGX-314 for commercial supply outside the U.S. The transaction is expected to close by the end of 2021, subject to the satisfaction of customary closing conditions, including applicable regulatory approvals.
TT

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06:32 EDT Trane to acquire Farrar Scientific in upfront transaction of $250M - Trane Technologies announced that it has signed an agreement to acquire Farrar Scientific, a leader in ultra-low temperature control for biopharmaceutical and other life science applications. Trane Technologies will acquire 100% of Farrar Scientific's assets, including its patented ultra-low temperature control technologies, a development and assembly operation in Marietta, Ohio, and a specialized team of engineers, sales engineers, operators, and technicians. Farrar Scientific personnel will join the Trane Technologies' Life Science Solutions team. This includes Scott Farrar, founder and chief technology officer of Farrar Scientific, who will serve as vice president of technology and innovation. Jim Vuksic, Farrar Scientific's president and CEO, will serve as an advisor to the team. The upfront transaction value is $250M, with a total transaction value of up to $365M inclusive of $115M in additional payout potential in 2025 tied to the attainment of key financial targets. The acquisition will be funded with available cash on hand, and is expected to be modestly accretive to EPS in the first three years. Additional details of the transaction were not disclosed and are not material. The transaction is expected to close in the fourth quarter, subject to regulatory approval and customary closing conditions.
TSEM

Hot Stocks

06:21 EDT Tower Semiconductor announces breakthrough LiDAR technology for ADAS - Tower Semiconductor announced a breakthrough development of LiDAR IC technology designed for advanced driver-assistance systems and ultimately self-driving cars. The new, innovative IC designed by researchers from the Ming Hsieh Department of Electrical and Computer Engineering at the USC Viterbi School of Engineering was led by SungWon Chung and manufactured using Tower Semiconductor's industry-leading open foundry Silicon Photonics platform. It employs optical phased arrays - hundreds of compact optical antennas -- along with amplitude and phase modulators on a silicon chip for accurate 3D imaging of the surrounding environment without the need for any moving parts. Additionally, the field of view, resolution, scanning pattern, and scanning speed are all programmable, meaning that cars outfitted with this system can respond much better to real-world scenarios.
MTNB

Hot Stocks

06:18 EDT Matinas BioPharma reports 'positive' data from ongoing EnACT trial of MAT2203 - Matinas BioPharma announced positive efficacy and safety data from the first two cohorts of patients in the ongoing Encochleated Oral Amphotericin for Cryptococcal Meningitis Trial of MAT2203 for the treatment of cryptococcal meningitis, which is being sponsored by the National Institute of Allergy and Infectious Diseases. Step-down therapy with MAT2203 achieved effective clearance of fungal organisms; Mean Early Fungicidal Activity was 0.38, exceeding the prespecified primary endpoint threshold target of greater than0.20. Overall survival was greater than95% in 40 patients receiving MAT2203 in Cohort 2. All 39 patients completing induction with MAT2203 achieved sterility, with no evidence of breakthrough or recurrent infections during the first 10 weeks of antifungal treatment. Patients received MAT2203 for up to 6 weeks without kidney toxicity or electrolyte abnormalities attributable to MAT2203. DSMB unanimously recommends progression to Cohort 3; Enrollment has commenced. The company is preparing to engage with the FDA to review EnACT data as supportive of potential early approval of MAT2203 as a step-down therapy.
MCO

Hot Stocks

06:15 EDT Moody's to invest $250M in BitSight - Moody's and BitSight announced a significant investment by Moody's, further enhancing BitSight's offerings and capabilities, to create a comprehensive, integrated, industry-leading cybersecurity risk platform. This transaction reflects the increasing strategic, financial, and operational impact of cyber risk to organizations and markets. Through the transaction, Moody's will invest $250M in BitSight, a pioneer in cybersecurity ratings, and BitSight will acquire VisibleRisk, a cyber risk ratings joint venture created by Moody's and Team8, a global venture group. BitSight will create a Risk Solutions Division focused on delivering a suite of critical solutions and analytics serving stakeholders including chief risk officers, c-suite executives, and boards of directors. Following transaction close, Moody's will become the largest shareholder of BitSight, with a minority stake in the company. The investment will be funded with cash on hand and will not have a material impact on Moody's 2021 financial results.
TRU

Hot Stocks

06:14 EDT TransUnion to acquire Neustar for $3.1B in cash - TransUnion has signed a definitive agreement to acquire Neustar, an identity resolution company with leading solutions in Marketing, Fraud and Communications, from a private investment group led by Golden Gate Capital and with minority participation by GIC. The acquisition expands TransUnion's powerful digital identity capabilities through the addition of Neustar's distinctive data and analytics, enabling consumers and businesses to transact online with greater confidence. Headquartered in Reston, Virginia, Neustar is expected to generate approximately $575M of revenue and $115M of Adjusted EBITDA in 2021. After integrating Neustar, TransUnion expects to accelerate growth through both material revenue synergies and increased participation in the fast-growing digital marketing and identity fraud marketplaces. The company anticipates material cost synergies from the combined companies, and expects the transaction to be accretive to Adjusted Diluted EPS beginning in 2023. Neustar's security business, which is excluded from the transaction, will become a Golden Gate Capital and GIC portfolio company following close. The transaction consideration is $3.1B in cash. The transaction is expected to close in Q4 2021 subject to the satisfaction of customary closing conditions and regulatory approvals.
TRU

Hot Stocks

06:11 EDT TransUnion to acquire Neustar for $3.1B
PACE

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06:11 EDT TPG Pace Tech Opportunities expected to close combination with Nerdy on 9/20 - TPG Pace Tech Opportunities announced that it expects all conditions to be met, including minimum cash proceeds, to complete its previously announced business combination with Nerdy, a platform for delivering live online learning. Based on the number of public shares submitted for redemption, the transaction is expected to raise more than $575M of gross proceeds from the TPG Pace Tech Opportunities trust proceeds combined with the private placement and forward purchase agreement proceeds. A quorum of shareholders has thus far voted in favor of all proposals presented in the proxy, including closing the business combination with Nerdy. Therefore, the company anticipates receiving stockholder approval at its Special Meeting of Stockholders scheduled for September 14, and expects to close the transaction on September 20. Upon closing, the combined company is expected to remain listed on the New York Stock Exchange with its common stock and warrants trading under the new ticker symbols, "NRDY" and "NRDY WS", respectively beginning September 21.
HITI HERTF

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06:11 EDT High Tide enters while label partnerships with Heritage Cannabis, Loosh - High Tide (HITI) announced two white label partnerships with Heritage Cannabis (HERTF) and Loosh. As per the terms of the agreements, and pending listing approval, Heritage and Loosh will manufacture High Tide's "Cabana Cannabis Co." branded shatter and THC gummies, respectively, for distribution in Ontario, Manitoba, Saskatchewan and Alberta with the potential to expand into additional Canadian jurisdictions in due course.
MAT

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06:09 EDT Mattel launches Barbie Music Producer doll - Mattel announced Barbie Music Producer, a doll designed to introduce girls to an underrepresented career where women make up less than 3% of music producers and shine a light on the importance of women's stake in the industry. As the #1 global toy property and original girl empowerment brand, Barbie recognizes the barriers that impede girls from reaching their limitless potential and aims to level the playing field for girls as part of the Barbie Dream Gap Project. With over 200 careers and counting, Barbie is mixing it up as a music producer to show girls more role models in this space and encourage purposeful play through careers they may not be familiar with. Each music producer doll in this collection wears a graphic tee, trendy jeans, an iridescent crop jacket, platform boots and has colorful hair in four fun styles. The doll also comes with a sound mixing board, computer and headphone accessories to get the creativity and music going. Music producer Barbie is available today for $14.99 at major retailers and on Barbie.com.
VTGN

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06:05 EDT VistaGen Therapeutics further advances PALISADE Phase 3 program for PH94B - VistaGen Therapeutics announced the initiation of PALISADE-2, the second U.S. Phase 3 clinical trial to evaluate the efficacy, safety, and tolerability of PH94B for the acute treatment of anxiety in adults with social anxiety disorder. PH94B is designed to be an odorless, rapid-onset pherine nasal spray with a unique potential mechanism of action for the acute treatment of anxiety in adults with SAD, working differently than all therapies approved by the U.S. FDA indicated for SAD.
LPTX

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06:04 EDT Leap Therapeutics announces DisTinGuish ORR data ahead of presentation - Leap Therapeutics announced the company will be presenting initial data from the first-line cohort of the DisTinGuish study, a Phase 2a clinical trial evaluating Leap's anti-Dickkopf-1, or DKK1, antibody, DKN-01, in combination with tislelizumab, BeiGene's anti-PD-1 antibody, and chemotherapy, in patients with gastric or gastroesophageal junction cancer, at the European Society for Medical Oncology, or ESMO, Congress, being held virtually on September 16-21. The company will host a conference call on Friday, September 17 to discuss preliminary results from the study. DKN-01 in combination with tislelizumab and chemotherapy demonstrated overall response rates, or ORR, as a first-line treatment for advanced G/GEJ cancer In the primary efficacy analysis, including all patients who received a full cycle of DKN-01 therapy, the ORR was 68.2%, with 90% ORR in DKK1-high patients as compared to a 56% ORR in DKK1-low patients In the overall intent to treat population, including those patients who did not receive a full cycle of therapy, the ORR was 60%, with 75% ORR in DKK1-high patients as compared to a 56% ORR in DKK1-low patients As of the date of the abstract, 13 patients had experienced a partial response, or PR, six patients had a best response of stable disease, or SD, one patient was non-evaluable for response, or NE, three patients were unable to complete a full cycle of therapy and two patients were pending their first tumor assessment. Of the 18 patients that had RNAscope DKK1 expression available for the abstract, 9 were DKK1-high and 9 were DKK1-low. Subsequent to the date of the abstract, the two patients who were pending their first scan for response to therapy were determined to have had PRs, and three additional patients were determined to have had DKK1-high tumors, each of whom experienced a PR. Further results will be presented at the ESMO Congress from September 16 to 21.
AZRX

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06:02 EDT AzurRx BioPharma acquires First Wave Bio in cash, stock deal valued at $229M - AzurRx BioPharma announced that it has entered a definitive agreement to acquire First Wave Bio in a stock and cash transaction valued at $229M, including certain development, regulatory and sales milestones. First Wave Bio is a clinical-stage biotechnology company specializing in the development of novel, gut-targeted, small molecule therapies for auto-immune inflammatory bowel diseases and other serious conditions. In conjunction with the acquisition, AzurRx announced that it is changing its corporate name to "First Wave BioPharma, Inc." As part of the plan, First Wave BioPharma will trade its common shares on Nasdaq under the new ticker symbol, "FWBI," which is anticipated to be effective on or about Thursday, September 23, 2021. In addition, the company will launch a new website with the following address: www.firstwavebio.com. AzurRx's management team, including James Sapirstein, Chairman, President, and CEO, will continue to lead the renamed company. Per the definitive agreement, AzurRx will wholly own all rights to First Wave Bio's proprietary formulations of niclosamide, a small molecule drug which features anti-viral and anti-inflammatory properties that are designed to address multiple GI conditions. Further, AzurRx will have sole ownership of First Wave Bio's robust intellectual property portfolio, which covers method of use and delivery of these formulations as treatments for various auto-immune, inflammatory and viral conditions. Pursuant to the terms of the definitive agreement, the transaction is being effected via a reverse triangular merger, and is anticipated to close imminently this morning upon receipt of evidence from the Secretary of State of the State of Delaware of the completion of certain filings relating to the merger.
AMTB

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05:53 EDT Amerant Bancorp plans to effect clean-up merger, approves stock repurchase plan - Amerant Bancorp announced its intention to effect a clean-up merger, subject to shareholder approval, pursuant to which a subsidiary of the company will merge with and into the company. Under the terms of the merger, each outstanding share of Class B common stock will be automatically converted to 0.95 of a share of Class A common stock without any action on the part of the holders of Class B common stock; however, to the extent any shareholder, together with its affiliates, would own more than 8.9% of the outstanding shares of Class A common stock following the merger, such holder's shares of Class A common stock or Class B common stock, as the case may be, will be converted into shares of a new class of Non-Voting Class A common stock, solely with respect to holdings that would be in excess of the 8.9% limitation. The terms of the merger to be submitted for approval of the shareholders will include the creation of a new class of Non-Voting Class A common stock. Following the merger, no shares of Class B common stock will remain outstanding. In addition, all shareholders that would hold fractional shares as a result of the merger will receive a cash payment in lieu of such fractional shares. To the extent that following the merger any holder would beneficially own fewer than 100 shares of Class A common stock, such holder will receive cash in lieu of Class A common stock. The company expects to hold a special shareholders meeting to seek approval of the merger in early December. The company further announced that its board authorized a new share repurchase program, pursuant to which the company may purchase, from time to time, up to an aggregate amount of $50M of its shares of Class A common stock. Repurchases under the repurchase program may be made in the open market, by block purchase, in privately negotiated transactions or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended. Repurchases of the company's shares of Class A common stock will depend upon market conditions, regulatory requirements, other corporate liquidity requirements and priorities and other factors as may be considered in the Company's sole discretion. Repurchases may also be made pursuant to a trading plan under Rule 10b5-1 under the Exchange Act, which would permit shares to be repurchased when the company might otherwise be precluded from doing so because of self-imposed trading blackout periods or other regulatory restrictions. The repurchase program does not obligate the company to repurchase any particular amount of Class A common stock and may be suspended or discontinued at any time without notice. In addition, the board terminated the company's existing Class B common stock repurchase program, which was initially announced by the company in March.
CAJ

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05:47 EDT Canon to acquire Canadian chipmaker Redlen Technologies - Canon last week announced that it has reached an agreement with Redlen Technologies to conclude a share transfer agreement, making Redlen a wholly owned subsidiary of Canon. With the acquisition of Redlen, Canon will obtain advanced technology used in CZT semiconductor detector modules, the company said in a statement.
BIDU

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05:35 EDT Baidu to begin public testing of Apollo Go robotaxi mobile platform in Shanghai - Baidu announced that it will begin public testing of Apollo Go in Shanghai, marking the fifth city where passengers have the ability to trial the robotaxi mobile platform. Baidu said it is the only company to offer this service in the three first-tier cities of Beijing, Guangzhou and Shanghai. The Shanghai operation will include 150 stations opened in phases throughout the city to provide users access to residential areas, commercial areas, offices and public transportation. Passengers can use the service from 9:30 a.m. to 11:00 p.m. every day of the week. This announcement comes on the heels of another milestone for Baidu Apollo - the expansion of Apollo Go to Tongzhou District in Beijing, where the service will enable residents and visitors of the suburb to experience travel in an autonomous vehicle. The first batch of routes in Tongzhou will cover a total of 22 stations- with a total distance over 31 miles, allowing for more than 100 trips every day. As of the end of August, Apollo L4 autonomous driving accumulated 8.7M test miles. Following the launch in Shanghai, Baidu plans to bring Apollo Go services to 25 more cities in the next three years, making autonomous driving a reality for 3M people in China.
BGNE

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05:29 EDT BeiGene announces FDA acceptance of tislelizumab BLA - BeiGene announced that the FDA accepted for review a Biologics License Application, or BLA, for its anti-PD-1 antibody tislelizumab as a treatment for patients with unresectable recurrent locally advanced or metastatic esophageal squamous cell carcinoma, or ESCC, after prior systemic therapy. The Prescription Drug User Fee Act target action date is July 12, 2022.
HCM

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05:27 EDT Hutchmed receives breakthrough therapy designation in China for amdizalisib - Hutchmed announced that the Center for Drug Evaluation of China's National Medical Products Administration, or NMPA, has granted breakthrough therapy designation, or BTD, to amdizalisib, a highly selective and potent PI3Kd inhibitor, for the treatment of relapsed or refractory follicular lymphoma, a subtype of non-Hodgkin's lymphoma.
MASI

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05:25 EDT Masimo announces CE marking, launch of SuperSensor in Europe - Masimo announced the CE marking and commercial launch in Europe of the single-patient-use adhesive rainbow SuperSensor, compatible for use with both Masimo and third-party monitors with Masimo rainbow technology inside. In an industry first, the comprehensive, convenient, and multi-purpose SuperSensor uses 12 LEDs to simultaneously offer 12 blood constituent parameters noninvasively and continuously: SET oxygen saturation, total hemoglobin, SpHb, carboxyhemoglobin, methemoglobin, oxygen reserve index, PVi, RPVi, pulse rate, respiration rate, perfusion index, fractional oxygen saturation, and oxygen content, all on the same single-patient-use adhesive sensor. By allowing clinicians to noninvasively and continuously monitor so many different physiologic indicators simultaneously, the SuperSensor offers the ability to assess the patient's status continuously.
AUY

Hot Stocks

05:22 EDT Yamana Gold announces initial drill results at Wasamac project in Quebec - Yamana Gold announced initial drill results at its Wasamac project in the Abitibi-Temiscamingue Region of Quebec, Canada, confirming the presence of the Wasa Shear zone to the west of the main Wasamac zone and expanding the down-dip continuity of the Wasa Shear in a secondary zone known as Wildcat. These initial results further align with the objective to sustain 200,000 ounces per year of production at Wasamac and achieve a strategic mine life of more than 15 years, which, in turn, aligns with the potential to increase the company's average annual production in Quebec to approximately 500,000 ounces by 2028 through 2041. Consistent with the optimization strategy announced with the development decision on Wasamac on July 19, the company is advancing an exploration program that focuses on expanding the current mineral resource envelopes to depths below the established mineral resource and testing for mineralization in poorly explored gaps between mineralized zones. In addition, the exploration program will target the broader Wasamac property, including the adjacent Francoeur, Arntfield and Lac Fortune gold deposits and include an infill program to better delineate mining areas expected to be developed in the first three years of production. The company also provided an update on its generative exploration program, announcing the discovery of a high-grade gold-copper zone at the Lavra Velha project in Brazil and the expansion of massive sulphide copper, gold, and zinc mineralization over a greater than two-kilometer strike length at the Borborema project in Brazil. The generative exploration program is a key component of Yamana's overall organic growth strategy, designed to advance the company's most prospective properties and lay the foundation for the next generation of Yamana mines. The company's generative work is focused on its large land positions in mining-friendly jurisdictions in the Americas where Yamana already has producing mines and deep technical, geological, and operational expertise. This allows for the rapid advancement of the company's highest value projects while at the same time moving the most promising early-stage properties up the exploration pipeline. The generative exploration program thus complements and leverages from the low-capital organic growth strategy of the company, which delivers returns on investment while providing for future production growth at the company's existing operations and advancing projects. The main objectives of the generative program are to add new inferred mineral resources of at least 1.5M ounces of gold equivalent and on a longer-term basis advance at least one project to a mineral inventory that is large enough to support a mine plan demonstrating economics with annual gold production of 150,000 ounces per year for at least eight years.
DVAX

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05:17 EDT Dynavax announces Valneva termination notice from UK government for VLA2001 - Dynavax announced that Valneva SE has received a termination notice from the United Kingdom Government in relation to Valneva's supply agreement for its COVID-19 vaccine candidate, VLA2001. Valneva stated that they intend to continue clinical development of VLA2001 and the pivotal Phase 3 trial for VLA2001, Cov-Compare, remains ongoing at Public Health England. Based on its portfolio of COVID-19 collaborations Dynavax reiterates its belief that its CpG 1018 supply contracts continue to represent an approximately $300M-$400M dollars aggregate revenue opportunity in 2021. Valneva recently announced that its Phase 3 results for VLA2001 are expected to be available early in Q4 and these results are expected to form part of Valneva's planned rolling submission for conditional approval of VLA2001 with the UK's Medicines and Healthcare products Regulatory Agency, or MHRA. Subject to these data and MHRA approval, Valneva has indicated that it believes initial approval for VLA2001 could be granted in late 2021. Under Dynavax's existing supply agreement for CpG 1018, purchase orders submitted by Valneva are cancellable if the UK Government reduces or terminates its order for VLA2001, in which case, Valneva would not be obligated to pay Dynavax the final portion of an outstanding purchase order. Valneva has not yet cancelled any outstanding purchase orders for CpG 1018. Dynavax has the right to retain any portion of the purchase price for CpG 1018 made in advance by Valneva as well as any CpG 1018 manufactured but not yet delivered. Dynavax intends to continue to monitor the situation but can make no assurances regarding the outstanding orders. If Valneva's existing purchase orders are cancelled, Dynavax will work to reallocate CpG 1018 inventory to its other COVID-19 collaborators. Dynavax's revenue opportunity associated with its CpG 1018 commercial supply agreements in 2021, as well as its corresponding profit margin, are contingent on many variables including continued success of each of Dynavax's partners' programs and timing of product delivery.
ESLT

Hot Stocks

05:13 EDT Elbit Systems awarded $56M in contracts to supply ASW capabilities - Elbit Systems announced that it was awarded contracts, in an aggregate amount of approximately $56M, to supply Anti-Submarine Warfare, or ASW, capabilities to the Navy of a country in Asia-Pacific. The contracts will be performed over a 12-month period. Under the contracts, Elbit Systems will provide the Seagull USVs configured to perform ASW missions and the Towed Reelable Active Passive Sonar, or TRAPS, systems. The Seagull USVs will integrate Helicopter/Ship Long-Range Active Sonars and will be equipped with the company's autonomous suite, Combat Management System and Satellite Communication capability. The TRAPS systems, which will be installed onboard the customer's corvettes, are low frequency variable-depth-sonars intended for detection, tracking and classification of submarines, midget submarines, surface vessels and torpedoes.
MKL

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05:09 EDT Markel opens new branch office in Paris - Markel announced that it has opened a new branch office in Paris to support small and medium-sized enterprises, or SMEs, in the French market. The move is part of a longstanding strategy to further expand and scale the company's footprint in key specialty insurance markets. Toward that end, Markel will partner with a regional network of independent brokers to offer three core product lines tailored for French SMEs: professional indemnity, cyber risk, and directors and officers liability.
PSFE

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05:06 EDT Paysafe partners with bunq to provide cash services - Bunq, the app-based Dutch challenger bank, has partnered with Paysafe to provide customers with access to cash services. Customers who prefer to use cash in their daily lives can now use Paysafecash, one of Paysafe's eCash solutions, to conveniently add cash into their bunq accounts. The international roll-out of the partnership between Paysafe and bunq, which starts with 21 European countries, facilitates quick and secure cash deposits directly via the bunq mobile app: After selecting Paysafecash as the top up method in their app, the customer chooses how much cash to deposit into the account and generates a unique barcode for the transaction. The customer can then go to a nearby payment point, scan the barcode at the point of sales terminal and make the payment in cash. The deposited amount will show on the bunq balance within minutes. Paysafecash is available at around 190,000 payment points in 29 countries including the U.S. and Canada.