Stockwinners Market Radar for September 28, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
MCMJ | Hot Stocks16:16 EDT Leafly names Suresh Krishnaswamy CFO - Leafly Holdings announced Suresh Krishnaswamy will join Leafly as its new Chief Financial Officer. Suresh brings more than 25 years of experience in leading finance and technology roles for global organizations, and is joining Leafly following the announcement that the Company will go public through a business combination with Merida Merger Corp. I. "As a cannabis discovery destination for more than 125 million people every year and a business platform for more than 12,400 cannabis brands and retailers combined, Leafly is a compelling marketplace that drives value throughout the cannabis ecosystem. I'm excited to bring my experience with emerging e-commerce companies to Leafly's next chapter. For a company that started as a spreadsheet a little more than a decade ago, I'm amazed at the business Leafly is today, and energized to use my expertise and leadership to take Leafly through this next phase of growth," said Suresh.
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MCMJ | Hot Stocks16:16 EDT Leafly names Suresh Krishnaswamy CFO - Leafly Holdings announced Suresh Krishnaswamy will join Leafly as its new Chief Financial Officer. Suresh brings more than 25 years of experience in leading finance and technology roles for global organizations, and is joining Leafly following the announcement that the Company will go public through a business combination with Merida Merger Corp. I. "As a cannabis discovery destination for more than 125 million people every year and a business platform for more than 12,400 cannabis brands and retailers combined, Leafly is a compelling marketplace that drives value throughout the cannabis ecosystem. I'm excited to bring my experience with emerging e-commerce companies to Leafly's next chapter. For a company that started as a spreadsheet a little more than a decade ago, I'm amazed at the business Leafly is today, and energized to use my expertise and leadership to take Leafly through this next phase of growth," said Suresh.
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WVE | Hot Stocks16:15 EDT Wave Life Sciences presents new ADAR editing data, update on AATD program - Wave Life Sciences announced new data for its ADAR-mediated RNA editing capability, or ADAR editing, including new preclinical editing data across multiple tissues, as well as an update on its discovery-stage alpha-1 antitrypsin deficiency, or AATD, program during the company's 2021 Analyst and Investor Research Webcast. The webcast also included updates on the company's PRISM platform and initial results from the application of ADAR editing to neurology targets. Wave's RNA editing capability leverages widely expressed endogenous ADAR enzymes to achieve highly specific A-to-I RNA editing using stereopure oligonucleotides, called "AIMers," without the need for lipid nanoparticles (LNPs) or viral vectors, and without altering the genome. Wave is developing short, fully-chemically modified AIMers with and without GalNAc conjugation, with the objective of achieving productive editing in the liver, central nervous system, or CNS, and other tissues. CNS: Wave presented new in vivo data that demonstrated potent editing and durable editing of UGP2 mRNA out to at least four months in multiple regions of the CNS in a mouse model with human ADAR. Wave is applying ADAR editing to multiple therapeutic targets in the CNS, including MECP2, seeking to correct a nonsense mutation and potentially restore functional protein in Rett Syndrome. Additionally, in vitro data were presented demonstrating the potential to target protein-protein interactions and upregulate downstream gene expression with AIMers. Ophthalmology: Wave also presented preclinical data demonstrating up to 50% editing of UGP2 mRNA in the posterior of the eye of mice at one-month post-single intravitreal injection. New tissue and cell types: Wave shared ACTB RNA editing in non-human primates using systemic administration, including in the kidneys, liver, lungs and heart, as well as editing of ACTB in multiple immune cell types in vitro, including CD4+ T-cells, CD8+ T-cells, and others. Wave's AATD program, its first investigational ADAR editing program, uses AIMers to potentially correct the single base mutation in mRNA coded by the SERPINA1 Z allele. ADAR editing may provide an ideal approach for addressing AATD by increasing circulating levels of functional alpha-1 antitrypsin protein and reducing mutant protein aggregation in the liver, thus potentially addressing both the lung and liver manifestations of the disease. Wave shared new in vivo data demonstrating durable restoration of M-AAT protein in the liver of transgenic mice with human SERPINA1 and human ADAR following initial doses of a GalNAc-conjugated SERPINA1 AIMer. Serum concentrations of human AAT protein remained at least three-fold higher over PBS control for 30 days post-last dose with the SERPINA1 AIMer. Wave also shared data demonstrating progress in enhancing editing activity and protein restoration following PRISM chemistry optimization. These AIMers achieved mean editing of approximately 50% of SERPINA1 mRNA in vivo. Also with chemistry optimization, Wave demonstrated in vivo a four-fold increase over PBS control in AAT protein restoration in serum (or more than 15 micromolar), representing an improvement over the three-fold increase achieved with Wave's initial AIMers. Approximately 85% of circulating AAT was confirmed to be M-AAT in treated transgenic mice with human SERPINA1 and human ADAR. Wave's ADAR editing appears highly specific with nominal off-target edits observed following transcriptome analysis, nor were there bystander edits observed in the SERPINA1 transcript. Ongoing and planned preclinical studies are assessing durability, dose response, pharmacokinetics, and pharmacodynamics. Wave also plans to assess reduction of Z-AAT aggregates in the liver and changes in liver pathology in its transgenic mouse model. Wave expects to have an AATD development candidate in 2022.
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SHW | Hot Stocks16:12 EDT Sherwin-Williams to sign acquisition agreement with Specialty Polymers - Sherwin-Williams announced plans to sign an agreement to acquire Specialty Polymers, a leading manufacturer and developer primarily of water-based polymers used in architectural and industrial coatings and other applications. The transaction is expected to close by the end of 2021. Revenue of the business was approximately $112M for the year ended December 31, 2020, inclusive of sales to Sherwin-Williams as a manufacturer of proprietary polymers. The business operates production facilities in Woodburn, OR and Chester, SC and employs approximately 150 people. Sales will be reported in the Performance Coatings Group operating segment.
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ARQT | Hot Stocks16:10 EDT Arcutis Biotherapeutics expands patent portfolio with roflumilast patent - Arcutis Biotherapeutics announced a new patent issued by the United States Patent and Trademark Office covering its invention for improving delivery and extending half-life of both the cream and foam formulations of topical roflumilast. Arcutis is developing topical cream and foam formulations of roflumilast, a highly potent and selective phosphodiesterase type 4 inhibitor to treat psoriasis, atopic dermatitis, and seborrheic dermatitis. Clinical trial data has shown that Arcutis' topical roflumilast formulations are uniquely suited to address unmet patient needs without difficult trade-offs between efficacy, safety, and tolerability. "We believe this new patent represents important additional protection for our unique, proprietary topical roflumilast treatment, and is separate and distinct from our formulation patents. While we believe our issued and pending formulation patents provide substantial protection for topical roflumilast, having this additional patent covering the unique pharmacokinetic characteristics of our treatment is meaningful additional protection," said Frank Watanabe, Arcutis' President and Chief Executive Officer. "This new patent also further validates Arcutis' dermatological development platform that builds on our deep dermatological expertise, which includes one of the foremost topical formulators and five dermatology clinicians on staff. With eight issued patents and additional pending patents, we expect patent protection at least into 2037."
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JAN | Hot Stocks16:08 EDT JanOne to revise development strategy for trial of JAN101 - JanOne announced that it is revising its development strategy based on recent communications with the U.S. FDA for its upcoming clinical trial of lead drug candidate JAN101 as a treatment for Peripheral Artery Disease. JanOne previously submitted data from the product's Phase 1 and Phase 2a studies showing improved vascular function and a reduction in pain, which was integrated into its Phase 2b protocols and primary and secondary endpoints. The FDA reviewed the data and it provided recommendations and comments on the planned clinical trial to JanOne. Tony Giordano, Ph.D., Chief Scientific Officer of JanOne commented, "We are very happy with the thorough review of our pre-Phase 2b briefing materials from the FDA. We are working now with our partners to incorporate all the recommendations and comments provided by the FDA into our Phase 2b protocol and supporting documents and we feel that this will result in a much stronger study. Our desire is to get a drug to market as soon as reasonably possible to start treating patients with PAD and to provide them with a therapeutic benefit not available to them with current treatments."
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JAN | Hot Stocks16:08 EDT JanOne to revise development strategy for trial of JAN101 - JanOne announced that it is revising its development strategy based on recent communications with the U.S. FDA for its upcoming clinical trial of lead drug candidate JAN101 as a treatment for Peripheral Artery Disease. JanOne previously submitted data from the product's Phase 1 and Phase 2a studies showing improved vascular function and a reduction in pain, which was integrated into its Phase 2b protocols and primary and secondary endpoints. The FDA reviewed the data and it provided recommendations and comments on the planned clinical trial to JanOne. Tony Giordano, Ph.D., Chief Scientific Officer of JanOne commented, "We are very happy with the thorough review of our pre-Phase 2b briefing materials from the FDA. We are working now with our partners to incorporate all the recommendations and comments provided by the FDA into our Phase 2b protocol and supporting documents and we feel that this will result in a much stronger study. Our desire is to get a drug to market as soon as reasonably possible to start treating patients with PAD and to provide them with a therapeutic benefit not available to them with current treatments."
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GOVX | Hot Stocks16:06 EDT GeoVax Labs expands immuno-oncology pipeline with PNP's Gedeptin licensing deal - GeoVax Labs announced that it has entered into an Assignment and License Agreement with PNP Therapeutics, that grants GeoVax exclusive rights to develop and commercialize Gedeptin , a novel patented product for the treatment of solid tumors. The License provides exclusive worldwide rights to key intellectual property, including Gedeptin patents, know-how, regulatory filings, clinical materials, and trademarks. The patent portfolio covering Gedeptin was originally licensed from the University of Alabama at Birmingham and Southern Research Institute by PNP. Under the License, GeoVax will become the successor to PNP under its license agreement with UAB/SRI. Detailed financial terms of the transaction were not disclosed, but include a combination of upfront payments, milestone fees, and royalties on net sales...In conclusion, Dodd commented, "Approximately one year ago, we achieved a critical strategic watershed with the successful recapitalization, financing and listing of GeoVax on the Nasdaq stock market. Since then, we have further strengthened the Company resources and status, including our ability to finance the Gedeptin transaction, including expansion and acceleration of the clinical trial using our current cash reserves. We have progressed our two core product development areas related to SARS-CoV-2 vaccines and immuno-oncology. Today's announcement accelerates our progress within immuno-oncology, providing a pivotal clinical-stage status via the Gedeptin program. We similarly remain focused on accelerating progress related to our SARS-CoV-2 vaccine and look forward to providing further updates soon."
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FUSN | Hot Stocks16:06 EDT Fusion Pharmaceuticals names Mohit Rawat as President and Chief Business Officer - Fusion Pharmaceuticals announced the appointment of Mohit Rawat as President and Chief Business Officer. Rawat brings to Fusion more than 15 years of experience in the biopharmaceutical industry, with expertise in corporate strategy, business development and commercial execution, including product development, launch planning and commercialization.
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CBIO | Hot Stocks16:04 EDT Catalyst Biosciences receives orphan drug designation for MarzAA - Catalyst Biosciences announced that the FDA has granted orphan drug disease designation for its lead product candidate, subcutaneous Marzeptacog alfa, or MarzAA, for the treatment of Factor VII Deficiency. MarzAA was previously granted ODD and fast track designation for treatment of Hemophilia A/B with inhibitors and FTD for the treatment of FVIID.
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IMPL | Hot Stocks16:02 EDT Carepoint Pharmacy to partner with Impel NeuroPharma to dispense Trudhesa - Carepoint Pharmacy announces that it will partner with Impel NeuroPharma to begin dispensing Trudhesa, or dihydroergotamine mesylate, nasal spray for the acute treatment of migraine with or without aura in adults. Trudhesa, approved by the FDA on September 2, uses Impel's proprietary Precision Olfactory Delivery, or POD, technology to gently deliver dihydroergotamine mesylate. Carepoint Pharmacy's digital pharmacy solutions will support people with migraine throughout the country through this partnership. Carepoint Pharmacy is only one of two digital pharmacies selected to dispense Trudhesa as part of a limited distribution network.
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SRRK | Hot Stocks16:01 EDT Scholar Rock announces issuance of U.S. patent protecting SRK-181 - Scholar Rock announced that the United States Patent and Trademark Office issued U.S. Patent No. 11,130,803, with an expiry of May 2040, including 313 days of Patent Term Adjustment. This US patent includes composition-of-matter claims, providing product protection for SRK-181, a selective inhibitor of TGFbeta1 activation that avoids binding to latent TGFbeta2, latent TGFbeta3, or any of the three active TGFbeta growth factors. SRK-181 is an investigational clinical candidate being developed to overcome primary resistance to and increase the number of patients who could benefit from checkpoint inhibitors, such as anti-PD-(L)1 therapies. "This is another important addition to our patent portfolio providing product protection for SRK-181 as we continue to progress the DRAGON Phase 1 trial in patients with locally advanced or metastatic solid tumors," said Nagesh Mahanthappa, Ph.D., Interim CEO of Scholar Rock. "As we observed in preclinical studies, our hypothesis remains that a selective approach to targeting the TGFbeta1 isoform could allow for an improved safety and efficacy profile compared to non-selective approaches and we're very excited to continue pursuing our unique approach to provide potential clinical benefit for patients who are resistant to treatment with PD-(L)1 inhibitors."
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FB | Hot Stocks15:52 EDT Facebook Oversight Board agrees on removal of post on South African society - "The Oversight Board has upheld Facebook's decision to remove a post discussing South African society under its Hate Speech Community Standard. The Board found that the post contained a slur which, in the South African context, was degrading, excluding and harmful to the people it targeted. In May 2021, a Facebook user posted in English in a public group that described itself as focused on unlocking minds. The user's Facebook profile picture and banner photo each depict a black person. The post discussed "multi-racialism" in South Africa, and argued that poverty, homelessness, and landlessness have increased for black people in the country since 1994. It stated that white people hold and control the majority of the wealth, and that wealthy black people may have ownership of some companies, but not control." said the Oversight Board in a statement. Some key findings from the Oversight Board included that 'Facebook removed the content under its Hate Speech Community Standard for violating its policy prohibiting the use of slurs targeted at people based on their race, ethnicity and/or national origin. The company noted that both "k***ir" and "n***er" are on Facebook's list of prohibited slurs for the Sub-Saharan market. The Board agreed with Facebook that the content did not condemn or raise awareness of the use of "k***ir," and did not use the word in a self-referential or empowering manner. As such, no exception to the company's Hate Speech Community Standard applied in this case. The Oversight Board upholds Facebook's decision to remove the post," said the Oversight Board in part. Reference Link
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MSFT AMZN | Hot Stocks15:17 EDT Microsoft to let 3rd party app stores like Amazon and Epic into Windows store - Giorgio Sardo, General Manager, Microsoft (MSFT) Store said in part: "In June, we introduced the new Microsoft Store on Windows, redesigned from the ground up to meet the needs of customers across a variety of app experiences. We also opened up the Microsoft Store on Windows to developers using different types of frameworks, packaging technologies, and commerce platforms - in alignment with our commitment to choice, fairness, and innovation. The new Microsoft Store will launch to the public alongside Windows 11 on October 5th. It will also be available to Windows 10 customers in the coming months...Developers told us they love not having to re-write their existing desktop apps or change their business models in order to be part of the Microsoft Store on Windows...Furthermore, several high-quality Progressive Web Apps, PWA, are also now available in the Microsoft Store on Windows, including Reddit, Wikipedia, TikTok, Lyft, Quizlet and Tumblr. PWAs on Windows allow developers to bring the best of their web experiences even closer to their customers...In that spirit, today we're announcing another significant update to our Microsoft Store on Windows policies, which will allow third-party storefront apps to be discoverable in the Microsoft Store on Windows... Today, we are sharing that Amazon (AMZN) and Epic Games will bring their storefront apps to the Microsoft Store over the next few months, and we look forward to welcoming other stores as well in the future. Reference Link
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XPER | Hot Stocks14:56 EDT Xperi unit DTS says Novatek Microelectronics will be supporting DTS Play-Fi - DTS, "a firm in next-generation audio, imaging and sensing technology " and a wholly owned subsidiary of Xperi Holding announced that Novatek Microelectronics will be supporting DTS Play-Fi on its line of SoCs targeting the TV market. DTS Play-Fi adds category-leading wireless audio features to TVs including whole-home TV audio streaming, multi-room music playback from leading music services, app-based headphone streaming with Wi-Fi range, and immersive surround sound. Because Play-Fi works over industry standard Wi-Fi, no additional hardware is required in the product's design, and manufacturers can add advanced wireless capabilities across a wide range of price points within their product portfolio.
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IBKR | Hot Stocks14:51 EDT Interactive Brokers ordered by CFTC to pay $1.75M penalty - The Commodity Futures Trading Commission filed and simultaneously settled charges against Interactive Brokers LLC, a registered futures commission merchant, for failing to diligently supervise the handling of its customer accounts by not adequately preparing and configuring its electronic trading system to receive negative prices and calculate margin on April 20, 2020, in violation of CFTC Regulation 166.3. The order requires Interactive Brokers to pay a civil monetary penalty of $1.75M and restitution of $82.57M to its customers. Interactive Brokers is credited the full restitution due to its compensation payment to its customers. "This enforcement action demonstrates that the CFTC will hold registrants responsible for their handling of customer accounts and ensuring the integrity of trades on their trading platforms and electronic systems, including during instances of market volatility," said Acting Director of Enforcement Vincent McGonagle.
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MSFT... | Hot Stocks14:48 EDT Xbox Cloud Gaming beta on console begins release to insiders - Jake Rosenberg, Senior Program Manager at Microsoft's (MSFT) Xbox said in an earlier blog posting: "Play with cloud gaming on your console - no installs required. With Game Pass Ultimate, you can now play games on your console without installing. We're beginning to flight cloud gaming today on your console for a random subset of Alpha Skip-Ahead and Alpha Insiders. We will be expanding to more Insiders and additional rings over time. Cloud gaming on your console reduces your time to the fun and allows you to quickly jump into online multiplayer sessions with your friends by letting you play Xbox Game Pass games without having to wait for an install. Plus, save space on your hard drive! To get started, navigate to Xbox Game Pass on your console and look for games with the cloud icon." The Fly notes that other gaming platform makers include: Nintendo (NTDOY) and Sony (SONY). Reference Link
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RUTH | Hot Stocks14:45 EDT Ruth's Chris Steak House opens new location in Short Hills, NJ - Ruth's Chris Steak House announced its newest location in Short Hills, which is now open for business. The new restaurant is located at The Mall at Short Hills in the Lower Level near Neiman Marcus. "The Mall at Short Hills is a major shopping and entertainment destination for so many in the region, and we are honored to host the local community in the months and years to come in a way that only Ruth's Chris can," said Michael Krywucki, general manager for Ruth's Chris in Short Hills. "Our newest location is a place to gather for all of life's celebrations, no matter how large or small, while serving as the perfect place for an intimate date night or happy hour with friends."
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PTON AMZN | Hot Stocks14:26 EDT Peloton extends decline over 3% after Amazon announces Halo Fitness - Shares of Peloton (PTON) are now down over 3% or $2.95 per share to $89.15 after Amazon (AMZN) announced expansions to Amazon Halo with three new additions to the Halo family: Halo View, a new health tracker with an AMOLED color display "for at-a-glance access to Halo health metrics; Halo Fitness, a new service with hundreds of studio-quality workout classes; and Halo Nutrition, a new experience to help build healthy eating habits. Halo View comes bundled with a full year of Halo membership for just $79.99, and will ship in time for the holidays," said Amazon.
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SQ | Hot Stocks14:11 EDT Square Card launches in Canada to help small businesses' manage cash flow - Square announced the launch of Square Card in Canada "to address one of the biggest challenges small businesses face: managing their cash flow. The announcement marks a milestone in Square's goal of expanding financial access in Canada - its second largest international market - and better positions the company to serve the needs of business owners across the country. Square Card. "We've heard, time and time again, that cash flow is a major pain point for Canadian businesses. Often, it's the reason they continue accepting cash, despite it being time-consuming and costly to manage," said Christina Riechers, Head of Product, Business Banking at Square. "Businesses should be able to access their money as soon as they make a sale, and we're proud to bring that experience to sellers across Canada." Square Card is a business expense card that gives owners instant access to the money they have processed through Square at no extra charge. Sellers can sign up for this optional, add-on service in just two minutes through the Square App or web Dashboard. As soon as a business makes a sale, the funds are immediately available within their Square Balance, and can be spent instantly with their Square Card," the company noted in an earlier statement.
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ENDP | Hot Stocks14:01 EDT Endo reports agreement in principle to settle Louisiana governmental opioid case - Endo International announced that it has reached an agreement in principle with the Louisiana Attorney General's office to settle all opioid-related cases and claims of the state and other Louisiana governmental persons and entities in exchange for a total payment of $7.5M. The settlement, including the payment, will be subject to 100% participation by Louisiana's political subdivisions, to be provided to Endo by October 28, and the execution of definitive documentation. "The settlement will include no admission of wrongdoing, fault or liability of any kind by Endo and its value should not be extrapolated to any other opioid-related cases or claims," the company stated. As Endo has previously disclosed, the company is focused on its primary goal of achieving a global settlement of all remaining opioid claims. "At the same time, Endo is exploring other strategic alternatives and will pursue settlements that it believes are in the best interests of the Company. Endo cannot speculate on the likelihood, nature or timing of any outcome," the company said. Matthew Maletta, Executive Vice President and Chief Legal Officer of Endo, added: "The Attorney General's constructive approach provided the opportunity for accelerated negotiation and resolution, and once the required political subdivision participation threshold is achieved, funds will be promptly delivered to Louisiana to help address the state's opioid abuse crisis."
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GDDY | Hot Stocks13:34 EDT GoDaddy announces launch of two point of sale devices - GoDaddy announced it expanded GoDaddy Payments with the launch of two point of sale, or POS, devices, including a countertop Smart Terminal and mobile Card Reader. "The introduction of the new devices unlocks GoDaddy's commerce solution, giving small businesses the ability to sell, track and manage sales in more places than any other comparable platform. It also marks an important leap for GoDaddy, as it is now able to fully serve the 60% of its more than 20 million customers that operate both on and offline, truly empowering them to sell anything, anywhere. GoDaddy also unveiled GoDaddy Payments new groundbreaking pricing, which enables small businesses to save more of their hard-earned money," the company stated. As part of the POS launch, GoDaddy's new offerings include the GoDaddy Smart Terminal, priced at $249, and the GoDaddy Card Reader with Docking Station, priced at $49. Reference Link
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TDOC | Hot Stocks13:29 EDT Teladoc designated pre-qualified vendor by Canada Health Infoway - Teladoc Health has been designated as a pre-qualified vendor by Canada Health Infoway to provide remote patient monitoring solutions across provinces and territories serving approximately 60 percent of Canada's population. Earlier this year, Teladoc Health was also chosen as a vendor for virtual visits to improve access to healthcare for people in Canada.
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TEVA | Hot Stocks13:21 EDT Teva jumps over 7% after Louisiana settles opioid claims against the company - Shares of Teva are up over 7% or 68c per share to $9.91 per share on Tuesday afternoon, after reaching an agreement with the Attorney General of Louisiana that settles the state's opioid-related claims.
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HYZN | Hot Stocks13:18 EDT Hyzon Motors 'disagrees' with conclusions of short-seller report - Hyzon Motors addressed a September 28, 2021 report targeting Hyzon, published by a firm that the company believes has a short position in the company's shares. It said: "While the Company disagrees with the conclusions of the report, which it believes are based on a number of factual inaccuracies, it is reviewing the report carefully and intends to respond further in due course."
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AMZN | Hot Stocks13:18 EDT Amazon announces Blink Video Doorbell - Amazon announced Blink Video Doorbell, the first-ever doorbell from Blink. The company said, "Starting at $49.99, Blink Video Doorbell can be installed wired or wire-free with the ability to enable two-year battery life, 1080p HD day and night video, two-way audio, chime app alerts, and the ability to connect to and sound your existing in-home chime...Blink also announced two new devices that expand Blink's whole-home security offering even further. The new Blink Floodlight Camera is a battery-powered LED mount that works with Blink Outdoor to deliver a smart floodlight security camera with 700 lumens of motion-triggered lighting. Blink Solar Panel Mount, also launching today, supplies a nonstop sustainable charge from the sun for Blink Outdoor, providing nonstop peace of mind. These two devices offer innovative customization options to help you see what's happening around your home anytime, anywhere."
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AMZN | Hot Stocks13:17 EDT Amazon announces 'Glow' interactive device for kids - Amazon announced "Amazon Glow," which it calls "a new interactive device that brings a new magic to video calls and transforms the way kids connect with remote loved ones by participating in activities together." Amazon said: "During video calls on Glow, kids see remote loved ones on a dedicated 8" display while reading stories, playing games, and creating art on a 19" touch-sensitive, projected space. At the same time, remote family and friends see the child on a tablet and participate in the same activities using the free Glow app. Glow creates a virtual experience that feels like being together in the same room." Joerg Tewes, General Manager, Amazon Glow, added: "We've created an unbreakable, supersized, projected surface like no other, fusing digital and physical fun that excites kids and delights grown-ups with all they can do together." Glow is available at an introductory, early access price of $249.99, with an MSRP of $299.99, and comes with a mat, a mat case, 1-year of Amazon Kids+, and is bundled with Tangram Bits. Glow works with a free mobile app on Android and iOS tablets, with Fire OS coming soon, Amazon said.
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AMZN | Hot Stocks13:17 EDT Amazon introduces Halo View, Halo Fitness, Halo Nutrition - Amazon announced expansions to Amazon Halo with three new additions to the Halo family: Halo View, a new health tracker with an AMOLED color display for at-a-glance access to Halo health metrics; Halo Fitness, a new service with hundreds of studio-quality workout classes; and Halo Nutrition, a new experience to help build healthy eating habits. Halo View comes bundled with a full year of Halo membership for just $79.99, and will ship in time for the holidays, the company said.
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AMZN | Hot Stocks13:16 EDT Amazon introduces Echo Show 15 wiith 15.6-inch display - Amazon introduced Echo Show 15, a new addition to the Echo Show family "that is designed to be the digital heart of your home," the company said in a statement. It added: "With a 15.6-inch, 1080p Full HD display, Echo Show 15 can be mounted on a wall or placed on a counter-either in portrait or landscape orientation-and is designed to help you stay organized, connected, and entertained. Echo Show 15 is built with the next-generation Amazon AZ2 Neural Edge processor, a redesigned home screen with more customization options, new personalization features with visual ID, and all-new Alexa experiences." "Today, families juggle multiple competing priorities-what time to drop the kids off at soccer practice, what to make for dinner, or when to schedule the next appointment-the list goes on and on. With Echo Show 15, Alexa can help," said Tom Taylor, senior vice president, Amazon Alexa. "Echo Show 15 brings everything that makes your household tick into one place. With a redesigned home screen and Alexa widgets, you can customize Echo Show 15 to see your shared family calendar, manage to-do lists and reminders, find meal inspiration, and keep track of your incoming packages. Plus, Echo Show 15 can adapt to your home environment with full-screen photos or art, so it's always there when you need it, but fades beautifully into the background when you don't."
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AMZN | Hot Stocks13:09 EDT Amazon unveils 'Astro,' a 'new kind of household robot' - Amazon announced in a device unveiling event, and associated blog, "Astro," which the company calls "a new kind of household robot that integrates Alexa, advanced hardware, software, computer vision, and AI in a brand new way." Amazon said in its blog: "In five to 10 years, we believe every home will have at least one robot. They'll become a core part of your everyday life... And, we found that just a little bit of movement makes the experience even more magical for customers... When you combine Astro with Ring Protect Pro, you get so much more. Now, when you're away, you can use it to proactively patrol your home, investigate activity, and send you notifications when it detects something unusual-all the while, you have the option to save these videos to your Ring account... We learned early on that customers don't just want Alexa on wheels. To that end, we embodied Astro with a unique persona that's all its own. From adding eyes to the display, to a whole host of sounds, the device really comes alive. Astro will bring all of your favorite Alexa features like music, news, podcasts, and timers directly to you. Or, if you're doing a video call, Astro will move with you around the house, so that you can continue the conversation." Reference Link
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ABC... | Hot Stocks13:05 EDT Amerisource, Cardinal, McKesson reach pact with Cherokee Nation on opioid claims - AmerisourceBergen (ABC), Cardinal Health (CAH), and McKesson (MCK) announced that they have reached an agreement with the Cherokee Nation to pay approximately $75M over 6.5 years to resolve opioid-related claims. This settlement was negotiated in connection with ongoing negotiations toward a broad resolution of opioid-related claims brought by Native American tribes that, as previously disclosed by the companies, are not covered by the ongoing settlement process involving state and local governmental entities. The companies view today's settlement as an important step toward reaching a broader settlement with all federally recognized Native American tribes across the country. This settlement reflects an agreement of the Cherokee Nation to dismiss its ongoing lawsuit in exchange for the companies' agreement that the Cherokee Nation will receive a settlement amount consistent with its anticipated allocation under a broader agreement with Native American tribes. While the companies strongly dispute the allegations against them, they believe this resolution will allow the companies to focus their attention and resources on the safe and secure delivery of medications and therapies while delivering meaningful relief to affected communities, and will also support efforts to achieve a broad resolution with the remaining Native American tribes.
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CONE | Hot Stocks13:03 EDT CyrusOne up 5% after Reuters says company exploring potential sale - CyrusOne shares are up $3.73, or 5% to $76.30 following Reuters' report.
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AMZN DIS | Hot Stocks12:59 EDT Amazon partners with Disney on Alexa voice assistant features - Amazon (AMZN) announced in a device unveiling event, and associated blog, that it is introducing an Alexa Custom Assistant in partnership with Disney (DIS). Amazon said: "'Hey, Disney!' is an entirely new kind of voice assistant developed by Disney and built on Amazon's Alexa technology. Whether you are at home or in a Walt Disney World Resort hotel, you will soon be able to use a supported Echo device to interact with beloved characters from Disney, Pixar, Marvel, Star Wars, and beyond. 'Hey, Disney!' and the Disney Magical Companion were developed from the ground up by our friends at Disney, using Alexa Custom Assistant. This made it easy for Disney to create their own custom voice assistant, built on Alexa technology. The 'Hey, Disney' voice assistant features a unique wake word, voice, personality, and capabilities." In addition, Amazon announced the upcoming availability of the new Mickey Mouse-inspired stand for Echo Show 5 from Otterbox.
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AMZN HON | Hot Stocks12:55 EDT Amazon partners with Honeywell on smart thermostat - Amazon (AMZN) announced in a device unveiling event, and associated blog, that it is launching a "smart, affordable Energy Star-certified thermostat that works with Alexa and gives customers a simple way to keep their home comfortable and energy efficient." Amazon said: "We worked with the experts who make Honeywell Home thermostats to bring 130 years of experience to Amazon Smart Thermostat. Amazon Smart Thermostat will work with most 24V HVAC systems. Amazon Smart Thermostat will be $59.99. After applying utility-provider rebates, eligible customers can get Amazon Smart Thermostat for $10, and sometimes, for nothing at all." Reference Link
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GLW T | Hot Stocks12:55 EDT Corning announces expansion of collaboration with AT&T - Corning Incorporated (GLW) announced it is expanding its longtime collaboration with AT&T (T). The two companies will work together to extend investments in fiber infrastructure, expand U.S. broadband networks, and accelerate 5G deployment, Corning said in a statement. Based on AT&T's long-term commitment to its network buildout, Corning is investing $150M in optical cable manufacturing in North Carolina, initially adding 200 jobs, it added. AT&T has previously announced plans to significantly expand its fiber footprint. "We see expansion of our fiber infrastructure as central to the growth of our broadband reach, for consumers as well as business customers," said Mo Katibeh, senior vice president, AT&T Network Infrastructure & Build. "By extending our collaboration with Corning, we'll create American jobs through manufacturing investments, and also through the economic benefits that broadband brings to our communities."
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WW AMZN | Hot Stocks12:45 EDT WW announces partnership with Amazon - WW (WW) announced on its website that it is collaborating with Amazon (AMZN) "to bring you a new approach to measuring and understanding your health-to take your wellness journey to a new level. With Amazon Halo, a new wearable health band and service, you'll get a more complete picture of how your daily habits affect your health, plus expert-backed guidance to turn your data into results. As Halo measures how much, how long, and how intensely you move, it will automatically sync with your WW app and seamlessly convert your activity to FitPoints. Plus, that info will live in its own Amazon Halo app with more details, so you can better track toward your fitness goals." Reference Link
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TEVA | Hot Stocks12:42 EDT Teva settles Louisiana opioid-related claims for $15M over 18 years - Teva Pharmaceutical said it has reached an agreement with the Attorney General of Louisiana that settles the state's opioid-related claims. The agreement is contingent on confirmation from the state by November 2, that all political subdivisions will release Teva as part of the settlement. Under the terms of the settlement, Teva will pay Louisiana $15M over an 18-year time period and will provide an additional donation of lifesaving medicines to aid in opioid addiction and recovery, valued at $3M. Teva "continues to negotiate a national settlement and remains open in parallel to pursuing opportunities with individual states such as the deal announced today, as long as it is consistent with the nationwide approach. The Company will continue to defend itself in court in states such as New York and California where we have not reached terms of a settlement agreement," the company said in a statement.
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RXRX | Hot Stocks12:01 EDT Recursion treatment of familial adenomatous polyposis granted orphan status - Recursion Pharmaceuticals' treatment of familial adenomatous polyposis was granted orphan designation by the FDA, according to a post to the agency's website. Reference Link
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ML | Hot Stocks12:00 EDT MoneyLion falls -9.8% - MoneyLion is down -9.8%, or -86c to $7.89.
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VTEX | Hot Stocks12:00 EDT Vtex falls -10.3% - Vtex is down -10.3%, or -$2.34 to $20.41.
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SOXL | Hot Stocks12:00 EDT Direxion Daily Semiconductor Bull 3X Shares falls -10.5% - Direxion Daily Semiconductor Bull 3X Shares is down -10.5%, or -$5.03 to $42.66.
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SOXS | Hot Stocks12:00 EDT Direxion Daily Semiconductor Bear 3X Shares rises 10.5% - Direxion Daily Semiconductor Bear 3X Shares is up 10.5%, or 64c to $6.67.
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TNP | Hot Stocks12:00 EDT TEN, Ltd. rises 13.7% - TEN, Ltd. is up 13.7%, or $1.24 to $10.26.
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UNFI | Hot Stocks12:00 EDT United Natural Foods rises 19.2% - United Natural Foods is up 19.2%, or $7.28 to $45.25.
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CURO | Hot Stocks11:59 EDT Curo Group sees FY21 Canada revenue C$735M vs. previous C$643M view - Management raised 2021, 2022 and 2023 Canadian revenue targets to C$364M from C$342M, C$550M from C$480M, and C$735 million from C$643M, respectively.
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DLB MSFT | Hot Stocks11:51 EDT Dolby Vision gaming now available on Xbox Series X/S - Microsoft (MSFT) said that, starting today, gamers with compatible Dolby Vision (DLB)-enabled TVs will be able to enjoy full-spectrum visuals with the rollout of Dolby Vision gaming on Xbox Series X/S. "With Dolby Vision, epic worlds - such as lush rainforests or neon futuristic cities - are brought to life in more vivid color," Microsoft said. "Dolby Vision deepens your immersion into the experience by enabling you to see an enemy hiding in the shadows or spot hidden clues through expanded contrast and better clarity in both bright and dark scenes." Microsoft added that there are over 100 next-generation HDR titles optimized for Series X/S that will feature Dolby Vision, and in the future more games such as "Halo Infinite" will be taking "full advantage" of Dolby Vision. Reference Link
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NTDOY... | Hot Stocks11:46 EDT Nintendo says Donkey Kong expansion to Super Nintendo World to open in 2024 - Nintendo (NTDOY) announced an expansion to its Super Nintendo World theme park at Universal Studios Japan (CMCSA) that will be theme after Donkey Kong. The area will feature a roller coaster, interactive experiences and themed merchandise and food. "Guests will be able to take a walk on the wild side through the lush jungles where Donkey Kong and his friends live," Nintendo said. The new area is set to open in 2024.
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IAS | Hot Stocks11:35 EDT Integral Ad Science announces brand safety solution launch for TikTok video ads - Integral Ad Science announced the launch of its new brand safety solution for in-feed video ads on TikTok. "Using proprietary technology that IAS specifically designed for social environments, the new brand safety offering gives marketers greater transparency and granular controls to ensure their ads appear next to brand suitable content on TikTok... Following a highly successful beta this summer, IAS and TikTok have launched the new brand safety solution to give advertisers industry-leading controls consistent with Global Alliance for Responsible Media categories. With this pre-bid targeting solution, advertisers can now select IAS directly within TikTok's platform to ensure their campaign runs near verified brand safe and suitable content," IAS stated. "With increased engagement and ad spend on social platforms, our innovative brand safety solution now offers marketers greater transparency and precision for their campaigns on TikTok. By partnering with TikTok, we're delivering unique and sophisticated technology that marketers need to keep up with this dynamic platform and protect their brand's reputation," added Lisa Utzschneider, CEO, IAS.
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DV | Hot Stocks11:34 EDT DoubleVerify partners with TikTok to measure viewability, invalid traffic - DoubleVerify announced a partnership with TikTok to measure ad viewability, fraud, and in-geo impressions. Through this new partnership, joint clients will be able to access measurement data and insights through DV Pinnacle, a unified reporting and service platform, to monitor and optimize the quality of their TikTok campaigns. "We're excited to work with a leading verification and industry authority partner, like DoubleVerify" said Melissa Yang, Head of Ecosystem Partnerships, TikTok. "Transparency is key when it comes to building strong relationships with brands. Partnering with DoubleVerify will allow our advertisers the in-depth insight they need on invalid traffic and viewability to confidently evaluate and validate campaign effectiveness on TikTok." DoubleVerify and TikTok are actively working to expand their viewability offering to other ad formats and will launch additional media quality solutions - providing comprehensive measurement across the platform.
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SQ | Hot Stocks11:32 EDT Square announces new integration with TikTok for sellers - Square and TikTok announced a new integration that "will make it easy for sellers of all types and sizes to reach new customers and grow their sales online." Square x TikTok "enables sellers to send fans directly from TikTok videos, ads, and shopping tabs on their profiles to products available in their existing Square Online store, providing a streamlined shopping experience that retains the look and feel of their personal brand," Square said. Square x TikTok will be available to all sellers "coming soon," Square stated. "We are constantly working to help sellers expand their online presence and reach new customers. Online sales have long been a significant revenue driver for merchants and will only continue to become more vital. We're looking forward to helping our sellers tap into a valuable, rapidly expanding new customer base on TikTok," added David Rusenko, head of eCommerce at Square.
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SHOP... | Hot Stocks11:26 EDT Shopify, Square among third-party commerce partners for TikTok Shopping - TikTok announced its "TikTok World" event, which it calls a "global experience designed to help brands and marketers embrace the TikTok experience and reimagine how they connect with their communities" and offered highlights from TikTok World in a blog post. In its blog post, TikTok stated in part: "We're excited to introduce TikTok Shopping, a suite of solutions, features, and advertising tools that empowers brands and merchants to meaningfully engage with their customers... Merchants can tap into a full commerce experience with the capability to upload products and manage everything from shipping to fulfillment and point of purchase... For merchants who enjoy working with their preferred third-party commerce partner, we're excited to have Shopify (SHOP), Square (SQ), Ecwid, PrestaShop now available on the platform. We expect Wix (WIX), SHOPLINE, OpenCart, and BASE to be available soon... The TikTok community is reshaping the way we discover new products and shop. When creators feel passionate about a product or brand, they share it in an authentic way that resonates with the community. We strive to bring more commerce solutions to TikTok that further enable our community to discover and engage with what they love." Reference Link
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HAIN | Hot Stocks11:11 EDT Hain Celestial sees long-term organic revenue growth 6%-9%
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HAIN | Hot Stocks11:10 EDT Hain Celestial actively pursuing M&A transactions, company says at Investor Day
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HAIN | Hot Stocks11:09 EDT Hain Celestial sees 30%+ gross margins by 2024 - Comments taken from the company's Investor Day presentation.
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AMZN | Hot Stocks11:04 EDT Amazon Games announces launch of 'New World' on PC - Amazon Games announced it has launched "New World" on PC. "New World is a massively multiplayer online role-playing game that pits players against the haunted wilderness of Aeternum, a mysterious supernatural island in the twilight of the Age of Exploration," the company stated. New World is available on Amazon.com and Steam. The Standard Edition is $39.99, and the Deluxe Edition, featuring the Woodsman armor and hatchet skins, Mastiff house pet, Rock/Paper/Scissors emote set, and New World digital art book, is available for $49.99.
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TM | Hot Stocks10:47 EDT Toyota subsidiary Woven Planet acquires Renovo Motors, terms not disclosed - Woven Planet Holdings announced the acquisition of Renovo Motors, a Silicon Valley-based automotive operating system developer. Renovo develops specialized software, which will advance Woven Planet's mission to enable the most programmable vehicles on the planet with Arene and realize the broader vision of "Mobility to Love, Safety to Live." The acquisition will add depth to Woven Planet's resources, particularly for Arene, Woven Planet's open vehicle development platform, by: bolstering their elite team with top-tier engineers who have deep expertise in building a complete software-defined vehicle infrastructure stack; providing a platform and software that are proven to work across multiple original equipment manufacturer platforms, well-aligned with the goal of establishing a hardware-agnostic operating system; bringing a robust, established technology ecosystem of industry partners/ Following on the heels of recent acquisitions made this year, Renovo complements Woven Planet's strategy to bring together world-class talent and expertise in automated driving technology, next-generation mapping, and vehicle operating systems, ensuring that Woven Planet can power the future of mobility. Reference Link
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AIKI | Hot Stocks10:47 EDT AIkido Pharma secures equity interest in electric truck producer Tevva Motors - AIkido Pharma announced that the company secured an equity interest in Tevva Motors Ltd, an electric truck producer with range extended vehicles on the road now. Anthony Hayes, CEO of AIkido, noted, "From a commercial standpoint, delivery trucks are a $100B global market and demand for a cost effective, zero emission solution is growing by the day. With strategic partners and early customers including, Ryder, Hitachi and UPS, and with Tevva vehicles already being used in their delivery services, Tevva is well positioned to take advantage of this rapidly growing sector."
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NVGS | Hot Stocks10:43 EDT Navigator Holdings awarded AIP for ammonia fuelled gas carrier - Navigator Holdings announced that its subsidiary Navigator Gas L.L.C. has been awarded an approval in principle for an ammonia fuelled gas carrier design by classification society DNV AS. Navigator collaborated with an industry-wide consortium, including MAN Energy Solutions, Babcock International and the Norwegian Maritime Authority to achieve the AIP from DNV. The new gas carrier design has been awarded the AIP based on the special features notation under DNV's new rules for the use of ammonia as fuel in gas carriers. DNV, alongside the Norwegian Maritime Authority, reviewed the design and relevant documentation and found no potential showstoppers to its realisation.
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HAIN | Hot Stocks10:40 EDT Hain Celestial jumps 1% to $40.04 as company provides update at Investor Day
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SSY | Hot Stocks10:40 EDT Sunlink Health Systems trading resumes
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IHRT | Hot Stocks10:34 EDT Ryan Seacrest signs contract with iHeartMedia to continue through 2025 - iHeartMedia announced that it has signed a new contract with Ryan Seacrest. The three-year contract extends through December 31, 2025, during which time Seacrest will celebrate 30 years as one of the most recognized and respected throughout the entire media and entertainment industry.
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SSY | Hot Stocks10:32 EDT SunLink Health says availability, cost of labor hurting Healthcare businesses - SunLink Health Systems stated: "In our Healthcare businesses, we have experienced material reductions in demand and net revenues due to the COVID-19 outbreak. A reduction in the availability of qualified employees has also occurred and despite good faith efforts to do so, we have not yet been able to rehire or fully replace staff reductions which were previously furloughed, laid off or retired. There appears to be minimal current demand for extended care and rehabilitation center admissions and clinic visits, and hospital services have substantially decreased, all as a result of the effects of the pandemic. The availability and cost of labor and medical supplies have adversely affected our Healthcare businesses, especially with respect to access to personal protective equipment, cleaning supplies and COVID-19 testing materials. We continue to monitor supplies and seek additional sources of many supply items. Since the beginning of the COVID-19 pandemic, our Pharmacy business has experienced reduced sales trends in certain areas, increased costs and reduced staff. Many of our primary physician referral sources have been operating at substantially reduced capacity. Until these referral sources are able to return to full capacity, we believe the COVID-19 pandemic will continue to affect the demand for DME products and Retail and Institutional Pharmacy drugs and products. Reductions in employee hours have been made in response to the lower demand. Extended care and rehabilitation centers and other customers of such Institutional Pharmacy services are currently being adversely affected by the spreading of the COVID-19 pandemic, and this may be expected to have a further negative effect on such demand. Our Institutional Pharmacy services have experienced increased costs and operational inefficiencies due to measures taken to protect our employees and by access controls and other restrictions implemented by our institutional customers. We believe the effect of the COVID-19 pandemic and public and governmental responses to it negatively affected our last six fiscal quarters results but the adverse effect of such responses was offset in such quarters by financial assistance provided by programs enacted by the CARES Act."
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SSY | Hot Stocks10:30 EDT SunLink Health says availability, cost of labor hurting Healthcare businesses - SunLink Healthy Systems stated: "In our Healthcare businesses, we have experienced material reductions in demand and net revenues due to the COVID-19 outbreak. A reduction in the availability of qualified employees has also occurred and despite good faith efforts to do so, we have not yet been able to rehire or fully replace staff reductions which were previously furloughed, laid off or retired. There appears to be minimal current demand for extended care and rehabilitation center admissions and clinic visits, and hospital services have substantially decreased, all as a result of the effects of the pandemic. The availability and cost of labor and medical supplies have adversely affected our Healthcare businesses, especially with respect to access to personal protective equipment, cleaning supplies and COVID-19 testing materials. We continue to monitor supplies and seek additional sources of many supply items. Since the beginning of the COVID-19 pandemic, our Pharmacy business has experienced reduced sales trends in certain areas, increased costs and reduced staff. Many of our primary physician referral sources have been operating at substantially reduced capacity. Until these referral sources are able to return to full capacity, we believe the COVID-19 pandemic will continue to affect the demand for DME products and Retail and Institutional Pharmacy drugs and products. Reductions in employee hours have been made in response to the lower demand. Extended care and rehabilitation centers and other customers of such Institutional Pharmacy services are currently being adversely affected by the spreading of the COVID-19 pandemic, and this may be expected to have a further negative effect on such demand. Our Institutional Pharmacy services have experienced increased costs and operational inefficiencies due to measures taken to protect our employees and by access controls and other restrictions implemented by our institutional customers. We believe the effect of the COVID-19 pandemic and public and governmental responses to it negatively affected our last six fiscal quarters results but the adverse effect of such responses was offset in such quarters by financial assistance provided by programs enacted by the CARES Act."
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HMN | Hot Stocks10:02 EDT NTA, IAFF-FC enter strategic partnership for insurance - Horace Mann Educators Corporation, through its subsidiary National Teachers Associates Life Insurance Company, and the International Association of Fire Fighters Financial Corporation announced a strategic partnership to offer supplemental cancer, heart and hospital insurance to the IAFF's membership as a voluntary member benefit. With 324,000 members across the United States and Canada, the International Association of Fire Fighters is the country's largest organization of professional fire fighters, paramedics, and emergency services personnel. NTA and the IAFF-FC will work together to bring these supplemental insurance solutions to IAFF members across its nearly 3,500 affiliates. The products offer benefits that are paid directly to insureds to cover the medical or non-medical costs of an accident, illness or health emergency, and are payable in addition to any other insurance coverages.
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GE | Hot Stocks10:01 EDT Bahrain Electricity & Water Authority signs $28.7M contract with GE Digital - GE Digital announced that the Bahrain Electricity & Water Authority had signed a contract worth $28.7M for software and services to modernize the Kingdom of Bahrain's electricity and water networks. A variety of GE Digital's Grid Software will be installed in a state-of-the-art control center that will digitize operations for increased efficiency and operations redundancy, the company said in a statement.
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SOXL | Hot Stocks10:00 EDT Direxion Daily Semiconductor Bull 3X Shares falls -7.3% - Direxion Daily Semiconductor Bull 3X Shares is down -7.3%, or -$3.49 to $44.20.
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KL | Hot Stocks10:00 EDT Kirkland Lake Gold falls -8.8% - Kirkland Lake Gold is down -8.8%, or -$3.87 to $40.03.
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SNX | Hot Stocks10:00 EDT Synnex falls -8.9% - Synnex is down -8.9%, or -$10.06 to $103.19.
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THO | Hot Stocks10:00 EDT Thor Industries rises 8.9% - Thor Industries is up 8.9%, or $10.06 to $122.86.
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UNFI | Hot Stocks10:00 EDT United Natural Foods rises 13.1% - United Natural Foods is up 13.1%, or $4.96 to $42.93.
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TNP | Hot Stocks10:00 EDT TEN, Ltd. rises 15.0% - TEN, Ltd. is up 15.0%, or $1.35 to $10.38.
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ADIL | Hot Stocks09:50 EDT Adial announces research collaboration agreement with University of Virginia - Adial Pharmaceuticals announced that Purnovate, a wholly owned subsidiary of Adial Pharmaceuticals, has entered into a research agreement with Dr. Mark Roeser from the University of Virginia School of Medicine to develop new formulations of the Company's proprietary adenosine compounds for wound healing through transdermal administration. Under the Agreement, Purnovate will supply certain lead adenosine compounds and Dr. Roeser's research team will be responsible for evaluating these compounds for efficacy and determination of the ideal formulations for maximum absorption with the goal of initiating future clinical trials. The University of Virginia will fund the pre-clinical research activities and the parties will jointly own mutually developed intellectual property. Dr. Roeser is a renowned cardiac surgeon and medical researcher from the University of Virginia School of Medicine. Previously, Dr. Roeser studied how adenosine 2A receptor activation can attenuate tissue damage caused when blood supply returns to tissue after a lack of oxygen. Currently, Dr. Roeser's research is focused on wound healing, specifically for the treatment of burns. Through his research, Dr. Roeser was able to conclude that adenosine 2A receptor agonists can mitigate burn progression through dampening of local inflammatory processes.
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BKD | Hot Stocks09:47 EDT Brookdale Senior Living falls -8.3% - Brookdale Senior Living is down -8.3%, or -51c to $5.63.
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SNX | Hot Stocks09:47 EDT Synnex falls -8.3% - Synnex is down -8.3%, or -$9.43 to $103.83.
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KL | Hot Stocks09:47 EDT Kirkland Lake Gold falls -10.0% - Kirkland Lake Gold is down -10.0%, or -$4.37 to $39.53.
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HNP | Hot Stocks09:47 EDT Huaneng Power rises 7.2% - Huaneng Power is up 7.2%, or $1.49 to $22.11.
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TNP | Hot Stocks09:47 EDT TEN, Ltd. rises 7.3% - TEN, Ltd. is up 7.3%, or 66c to $9.68.
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DAVA | Hot Stocks09:47 EDT Endava rises 8.3% - Endava is up 8.3%, or $9.73 to $127.50.
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CRBP | Hot Stocks09:42 EDT Corbus Pharmaceuticals names Craig Millian as COO - In a regulatory filing, Corbus Pharmaceuticals said that on September 24, its board appointed Craig Millian as COO. Craig Millian served as the company's Chief Commercial Officer since February 2019, and vacated such office upon appointment as COO, the company said.
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TUGC SAI | Hot Stocks09:41 EDT Saitech to become publicly traded company via merger with TradeUP Global - SAITECH Limited, a Eurasia-based energy saving bitcoin mining operator that engages in the hosting of bitcoin mining machines for its clients, and TradeUP Global Corporation, a publicly traded special purpose acquisition company, announced that they have entered into a definitive business combination agreement that will result in SAITECH becoming a publicly listed company on NASDAQ under the new ticker symbol "SAI". The transaction values the company, which generated revenue of approximately $8M in the first half of 2021, at a pro forma equity value of $228M. SAITECH's CEO, Arthur Lee and the current management team will continue to lead the combined company. After giving effect to the transactions, an affiliate of Arthur Lee, Energy Science Artist Holding Limited, will own Class B ordinary shares of TradeUP Global with voting rights of 10 votes per share that will entitle ESAH to approximately 41% of the equity economic interest and approximately 87% of the initial voting power of the outstanding TradeUP Global Class A ordinary shares and Class B ordinary shares voting together as a single class. Estimated cash proceeds to the company from the transaction are expected to consist of TradeUP Global's $44.9M of cash in trust. The boards of directors of each of TradeUP Global and SAITECH have approved the transaction. The transaction will require the approval of the shareholders of TradeUP Global and is subject to other customary closing conditions including the receipt of certain regulatory approvals. The transaction will also require the approval of the shareholders of SAITECH, while shareholders holding the requisite vote have executed a support agreement have agreed to vote in favor of the merger and related transactions by unanimous written consent or at a meeting of shareholders when called by SAITECH. The transaction is expected to close in the first quarter of 2022.
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SPIR | Hot Stocks09:38 EDT Spire Global, SpaceChain partner on feasibility of blockchain in space - Spire Global announced a new partnership with SpaceChain, a global space-as-a-service solutions provider developing the world's first decentralized satellite infrastructure. Together, Spire and SpaceChain are launching a mission to demonstrate the feasibility of blockchain technology computation in space and resolve land-based centralized infrastructure issues. Many in the blockchain industry have been working to reduce points of risk whereby a centralized administrator or authority can tamper with, or in the worst case, steal funds and data. One potential solution is to decentralize access by distributing data across multiple centers, countries, and continents. By deploying a solution in space, Spire and SpaceChain aim to maximize data security and increase the resiliency of computing operations. SpaceChain is reimagining the space industry, having worked with all quarters of the ecosystem ranging from launch service providers, national space agencies, satellite manufacturers to data analytics startups. The integration of blockchain and space technologies helps create a Decentralized Satellite Infrastructure on which Decentralized Satellite Applications can be built and run without the need for any land-based infrastructure. Spire will utilize its "SABERTOOTH" supercomputing module to fulfill a two-part mission with SpaceChain. Initially, Spire will conduct an on-orbit upload of SpaceChain's software to an existing satellite, before further building out SpaceChain's capabilities via a payload on a new satellite, expected to be launched later this year.
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SSY | Hot Stocks09:26 EDT Sunlink Health Systems trading halted, news pending
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AIM | Hot Stocks09:22 EDT AIM ImmunoTech submits Pre-IND application for Phase 2 studies of Ampligen - AIM ImmunoTech announced that is has submitted a Pre-Investigational New Drug application to the U.S. Food and Drug Administration (FDA) for two separate Phase 2 clinical studies to study the potential of Ampligen as both an infusion and an intranasal therapy for early-onset COVID-19, the disease caused by SARS-CoV-2.The two clinical trials will be Phase 2, randomized, double-blind, placebo-controlled studies to evaluate the efficacy and safety of Ampligen as an: Intravenous therapy - 200 mg of Ampligen or placebo, with five doses over a treatment period of 17 days; and an Intranasal therapy - 1,250 undefined spray, with seven doses over a treatment period of 15 days. In addition to studying efficacy and safety, the new Phase 2 protocols include exploratory endpoints that the company believes could support its recently filed provisional patent application. AIM believes that it is critical to test the potential of Ampligen as both an intravenous and an intranasal therapy for early-onset COVID-19, as there is science to support the potential of both approaches. Ampligen has demonstrated clear activity in prior SARS-CoV-1 virus animal experiments. With a SARS-CoV-1 virus mouse models, Ampligen demonstrated 100% protective survival benefit compared to 100% mortality in a saline control group. Ampligen also reduced SARS-CoV-1 lung titers to below the level of detection. Based on the SARS-CoV-1 data, AIM pursued a successful in vitro testing model at the Institute for Antiviral Research at Utah State University, with results showing that Ampligen was able to decrease SARS-CoV-2 infectious viral yields by 90% at clinically achievable intranasal Ampligen dosage levels. Additionally, in June 2021 AIM announced that all subjects have completed treatment in a Phase 1 clinical study to assess the safety, tolerability and biological activity of Ampligen as a potential intranasal therapy. A total of 40 healthy subjects received either Ampligen or a placebo in the trial, with the Ampligen given at four escalating dosages across four cohorts, to a maximum level of 1,250 micrograms. The study reported no Severe Adverse Events at any dosage level. Intranasal Ampligen conferred a boost to homologous reactivity when used as an influenza vaccine adjuvant. Further, the TLR-3 agonist - when administered intranasally - induced epitope spreading and clear cross-reactivity against heterologous viral variant.
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LTRN | Hot Stocks09:21 EDT Lantern Pharma and Lens announce strategic collaboration - Lantern Pharma and Deep Lens, a digital healthcare company focused on enabling faster recruitment of the best-suited cancer patients for clinical trials at the time of diagnosis, announced that they have entered into a strategic collaboration that will leverage Deep Lens' artificial intelligence clinical trial matching solution, VIPERO, creating an end-to-end A.I. enabled drug development pathway that is expected to accelerate trial enrollment for Lantern's planned Phase 2 clinical trial for never-smokers with non-small cell lung cancer, utilizing LP-300 in combination with chemotherapy. Lantern is developing oncology therapies by leveraging its proprietary RADR A.I. platform and machine learning to discover biomarker signatures that identify patients most likely to respond to its pipeline of therapeutics. Deep Lens' proprietary A.I.-based platform, VIPER, identifies, triages and matches cancer patients to clinical trials in real time for which they may be eligible. Together, the companies are addressing two of the most complex and time-consuming parts of the drug development process: matching a novel molecule with a relevant indication and identifying the right patients to participate in clinical trials.
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BSGM PLXS | Hot Stocks09:20 EDT BioSig Technologies selects Plexus as manufacturing partner - BioSig Technologies (BSGM) announced that the Company entered into a manufacturing and professional services agreement with Plexus (PLXS). Under the terms of the newly reached agreement, Plexus will bring to market the PURE EP System, the Company's signal processing technology for arrhythmia care, and develop a new product pipeline for BioSig's subsidiary NeuroClear Technologies. "We are fundamentally proud to partner with Plexus on our mission to advance therapies through technological innovation. Their engineering and manufacturing capabilities and outstanding expertise in building complex medical devices make Plexus a foundational cornerstone to support BioSig's growth objectives now and well into the future. The recent release of our clinical data has increased physician interest in our technology. We believe that the post-pandemic recovery in elective procedures will further drive our installation footprint, and we are confident that Plexus' first-class operational infrastructure will ensure a quality supply of the PURE EP systems to meet growing market needs," commented Kenneth Londoner, Chairman, and CEO of BioSig Technologies, Inc. The PURE EP is an FDA 510(k) cleared non-invasive class II device that aims to drive procedural efficiency and efficacy in cardiac electrophysiology. The Company recently completed its first multi-centered, prospective clinical trial and presented preliminary clinical data during the annual Heart Rhythm 2021 convention in July in Boston, MA.
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TRNO | Hot Stocks09:19 EDT Terreno Realty acquires industrial property in Kearny, NJ for $26.3M - Terreno Realty acquired an industrial property in Kearny, New Jersey on September 27 for a purchase price of approximately $26.3M The 5.4-acre improved land parcel at 97 Third Street is adjacent to Exit 15E of the New Jersey Turnpike. The property is 51% leased to two tenants and the estimated stabilized cap rate is 3.1%.
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VATE | Hot Stocks09:19 EDT INNOVATE's R2 Technologies' Glacial Rx System earns third FDA indication - INNOVATE announced that Glacial Rx, the revolutionary in-office system from subsidiary R2 Technologies which is FDA-cleared to remove benign lesions and temporarily reduce pain, swelling and inflammation, is now the only Class II dermal cooling system FDA-cleared for general dermabrasion, scar and acne scar revision, and tattoo removal, permanently changing the aesthetics industry. "R2's pipeline of groundbreaking, first-in-class products establishes R2 as a bellwether company in the skincare industry, and we look forward to continuing to support their growth as we drive meaningful value for our stakeholders," said Wayne Barr, CEO and President of INNOVATE.
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MTTR TPGS | Hot Stocks09:18 EDT Matterport says Vacasa sees 12% boost in vacation rental bookings - Matterport announced that Vacasa, which has entered into an agreement to become a publicly traded company through a business combination with TPG Pace Solutions, has increased its booking conversion rate on Vacasa.com by nearly 12%* with Matterport's immersive digital twins. Nearly 90 percent of Vacasa's more than 30,000 property listings today include Matterport's dimensionally accurate, photorealistic digital twins. This enables guests to virtually walk a property with stunning realism as if they were actually there. According to Vacasa, guests searching online spend three times more time engaging with property listings that feature a Matterport digital twin.
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MGM | Hot Stocks09:17 EDT MGM Japan and Orix joint venture selected by Osaka as integrated resort partner - MGM Resorts International announced that MGM Japan, together with its joint-venture partner ORIX, has been selected by Osaka as the region's integrated resort partner. Osaka's selection of the MGM-ORIX consortium marks an important step in MGM's long-term bid to develop one of Japan's first integrated resorts. Details of the proposed approximately $10B development were also unveiled, showcasing MGM's vision to bring a world-class resort experience to Osaka that is designed to transform the region into one of the world's top entertainment and hospitality destinations and that will serve as a hub for tourism across Japan. Osaka's selection of MGM-ORIX is one of several steps in the licensing process following the 2018 passage of Japan's Integrated Resort Implementation Act. The next step is for MGM, together with Osaka prefecture/city and ORIX, to submit an Area Development Plan to Japan's central government during the October 2021 to April 2022 application period. Integrated resort licenses are expected to be issued by the central government in 2022. If selected to receive a license, MGM anticipates an opening date in the second half of the 2020s for the Osaka project.
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TREX | Hot Stocks09:16 EDT Trex Company, Glenroy partner for eco-friendly packaging products - Glenroy has teamed with Trex Company to make its eco-friendly flexible packaging products even friendlier. Further reinforcing the company's commitment to sustainability, Glenroy has submitted its innovative TruRenu stand-up pouch for assessment and acceptance for recycling through the NexTrex Recycling Program, a Trex initiative focused on sourcing, collecting and qualifying polyethylene film materials for use in the making of Trex's world-famous composite decking.
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BAESY | Hot Stocks09:16 EDT BAE Systems awarded $872M Army contract - The U.S. Army has awarded BAE Systems, Inc. an indefinite delivery/indefinite quantity contract to provide life-cycle sustainment and technical support to the Limited Interim Missile Warning System program. The 10-year contract has a ceiling value of $872M.
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DSX | Hot Stocks09:15 EDT Diana Shipping announces time charter contract for m/v Atalandi, m/v Leto - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is $24,500 per day, minus a 4.75% commission paid to third parties, for a period until minimum February 15, 2023 up to maximum April 30, 2023. The charter is expected to commence on October 3, 2021. The m/v Atalandi is currently chartered, as previously announced, to Uniper Global Commodities SE, Dusseldorf, at a gross charter rate of $9,300 per day, minus a 5% commission paid to third parties. The "Atalandi" is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014. The company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A, for one of its Panamax dry bulk vessels, the m/v Leto. The gross charter rate is $25,500 per day, minus a 4.75% commission paid to third parties, for a period until minimum February 1, 2023 up to maximum April 15, 2023. The charter is expected to commence on October 2, 2021. The m/v Leto is currently chartered, as previously announced, to Cargill International S.A., Geneva, at a gross charter rate of US$9,000 per day, minus a 4.75% commission paid to third parties. The "Leto" is a 81,297 dwt Panamax dry bulk vessel built in 2010. The employments of "Atalandi" and "Leto" are anticipated to generate approximately $24.27M of gross revenue for the minimum scheduled period of the time charters. Diana Shipping Inc.'s fleet currently consists of 36 dry bulk vessels. The Company also expects to take delivery of one Kamsarmax dry bulk vessel by the end of February 2022.
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VMAC AMZN | Hot Stocks09:15 EDT Anghami appoints Mary Ghobrial as chief operating, strategy officer - Anghami announced the appointment of Mary Ghobrial, Ex-Amazon Director Marketplace Expansion & Ex-CCO of SOUQ.com, to be the Company's new Chief Operating and Strategy Officer. Ghobrial has over twenty-five years' experience in building brands from source to leading positions. Throughout her career, Ghobrial has developed many new products within various sectors including fast-moving consumer goods, entertainment and online shopping.
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AVAV | Hot Stocks09:13 EDT AeroVironment subsidiary receives multi-million dollar order from Latvian MoD - AeroVironment announced that its wholly owned subsidiary, Telerob Gesellschaft fur Fernhantierungstechnik received a multi-million dollar firm-fixed-price order from the Latvian Ministry of Defense, or MoD. The order, received on July 8 encompasses the procurement of telemax EVO HYBRID and tEODor EVO unmanned ground vehicles and engineering support to the Latvian National Armed Forces. Delivery is scheduled to be completed in late 2021.
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TU | Hot Stocks09:13 EDT Telus launches Reconciliation Commitment - The company said, "TELUS has a longstanding commitment to strengthening relationships with Indigenous Peoples, including First Nations, Metis, and Inuit communities, acknowledging that our work spans many Traditional Territories and Treaty areas. Today, we are proudly launching our Reconciliation Commitment, a defining point in our journey that formalizes our commitment to Reconciliation with Indigenous Peoples. This commitment will act as the foundation upon which we develop and implement our inaugural Indigenous Reconciliation Action Plan later this year, and will inform and direct our corporate initiatives related to Reconciliation moving forward."
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NVCN | Hot Stocks09:13 EDT Neovasc REDUCER-1 study published in EuroIntervention Journal - Neovasc announced the publication of an article entitled, "Coronary sinus narrowing for the treatment of refractory angina: a multicentre prospective open-label clinical study" in the September 2021 issue of the journal EuroIntervention. The publication provides interim results from the REDUCER-I study investigating patients suffering from refractory angina treated with the Neovasc Reducer system. The REDUCER-I study is an open-label, multi-center, international, post-market study, which collects long-term data of patients with refractory angina treated with the Reducer. The publication outlines the overall clinical outcomes of the first 228 patients enrolled. The primary efficacy endpoint was the percentage of patients who experience improvement in their angina symptoms defined as a reduction in Canadian Cardiovascular Society, or CSS, grade, a measure of their disability, at six months as compared to baseline. The primary safety endpoints are the rate of occurrence of device- and/or procedure-related periprocedural serious adverse events, and major adverse cardiac events. In the first 228 patients, the procedural success rate was very high, with a very high safety profile that translated to only one adjudicated possible procedural or device-related MACE. Mean CCS class improved from 2.8 +/- 0.6 at baseline, to 1.8 +/- 0.7 at two years. Improvement in greater than or equal to 1 CCS class was observed in 82%, and in greater than or equal to 2 CCS classes in 31% of patients at two years. At baseline, 70% of the cohort were disabled at very minimal physical effort; this portion was reduced to only 15% at follow-up. Additional measured parameters of functional class and quality of life were also improved. "Publication of the interim results of REDUCER-I is another meaningful step as we build the evidence necessary to establish the Reducer as standard of care for patients suffering from refractory angina," stated Fred Colen, President & Chief Executive Officer of Neovasc. "We are encouraged by the peer-reviewed clinical data that continues to mount supporting Reducer therapy as a viable treatment option for patients that are suffering from angina-related chest pain. It's gratifying to see so many patients be able to return to the daily living activities that they have previously avoided."
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OB | Hot Stocks09:11 EDT Immediate Media renews recommendation partnership with Outbrain - Outbrain has renewed its partnership with Immediate Media and will begin utilising Outbrain's Smartfeed technology. Since 2014, Immediate Media has successfully partnered with Outbrain to drive reader engagement and boost revenue across a diverse set of publications such as BBC Good Food, Radio Times, Olive Magazine, Gardeners World, and BikeRadar. With this renewed partnership, Immediate Media will start leveraging Outbrain's Smartfeed, a customisable feed of content discovery that allows publishers to optimise the user experience to improve engagement and revenue. Smartfeed is a blank canvas on which a suite of card formats can be used to deliver editorial, monetisation, and specific revenue goals, generating a 20% RPM lift when compared to Outbrain's standard widgets.
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GLXZ | Hot Stocks09:10 EDT Galaxy Gaming announces new games, solutions, iGaming numbers - Galaxy Gaming announced major milestones in its commitment to best-in-class omnichannel table game content and solutions. In response to the need for customizable Baccarat games and tools, Galaxy Gaming unveils its Baccarat collection this October. Traditionally, the industry featured a variety of baccarat side bets offered separately. After listening to their partners, Galaxy developed a series of games that allow for one-of-a-kind combinations that solve this challenge and an engaging trend board solution. Galaxy Gaming is proud to launch Rising Phoenix, Golden Talons, and Mystic Baccarat, and the elegant Baccarat trend board solution, Lunar Table Display. The bet combinations of Rising Phoenix and Golden Talons mark the first time players will have the opportunity to take advantage of both styles of side bets on one table. In addition to this combination, all of Galaxy's Baccarat side bets can be mixed. Also, new to the Prime Membership portfolio, Mystic Baccarat presents three additional side bets and allows the option to add Golden Talons. All games are available as both commission and commission-free and with the option of adding single or multi-denom progressives. The Lunar Table Display transforms the typical trend board offering support for most industry intelligent shoes and displaying comprehensive game results. The user-friendly dealer interface makes the dealer's job streamlined, allowing more hands to be dealt. Galaxy Gaming is also thrilled to announce a suite of exciting high-action games joining the Prime Membership Portfolio: Split to Double Blackjack, Super Omaha Poker, Three Card Pick'em, and High Roller Hold'em. All five of these games are designed for high action while maximizing the player's time on the table. Each title offers a reasonable house edge while providing the players with several opportunities to raise. Galaxy Gaming acquired the rights to this game portfolio from High Variance Games, LLC. In the last twelve months, over one billion wagers worldwide have been made online on Galaxy Gaming side bets alone. Galaxy Gaming's well-known and trusted titles in brick-and-mortar casinos continue to shine in the iGaming space as well. Of the top seven side bets online, Galaxy iGames make up five including the world's number one side bet, 21+3, Perfect Pairs, Buster Blackjack, Lucky Ladies, and Lucky Lucky. Galaxy iGames can be found across over 750 of the world's leading online casino iGaming sites. Currently, Galaxy iGaming titles produce 2% of Gross Gaming Revenue in the U.S., and Galaxy expects that percentage to grow as new markets and products become available.Bringing two of Galaxy Gaming's most successful titles together, Spin Games will launch 21+3 Progressive Blackjack. A leader in Remote Gaming Server technology and interactive content, Spin Games specializes in designing and developing world-class gaming content and best-in-class interactive technologies for regulated B2B social and real money gaming markets. 21+3 Progressive Blackjack's upcoming launch will be the first time 21+3 and Lucky Ladies will appear as dual bets in the market. This also marks the first time a 21+3 Progressive will launch an RNG casino game. 21+3 and Lucky Ladies are two of the most popular side bets in the world in both physical and online casinos.
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ATEC | Hot Stocks09:09 EDT Alphatec expects Q3 spine revenue to grow 25% - Alphatec provided a business update ahead of investor meetings scheduled for the NASS 2021 meeting. The resurgence of COVID-19 in the U.S. has pressured surgical procedure volumes in spine and affected hospital operations in the third quarter of 2021, with the impact persisting into the final month of the period. While procedure volume is recovering in some regions, overall, it has been lower than expected. Despite these impacts, ATEC expects U.S. spine revenue to grow over 25% year-over-year in the third quarter due to the continued strength of surgeon adoption and increasing sales force penetration; however, the company now expects third quarter U.S. spine revenue to be down sequentially compared to the second quarter 2021. The integration of EOS imaging continues to be on track.
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FTNT | Hot Stocks09:07 EDT Fortinet announces selection of Fortinet Secure SD-Wan by six service providers - Fortinet announced six new service providers have selected Fortinet Secure SD-WAN to differentiate their business and deliver new value-added services to customers. These six organizations, including Comcast Business, Granite Telecommunications, C&W Business Panama, Acuative, Tata Teleservices and 1&1 Versatel, are expanding their customer offerings powered by Fortinet Secure SD-WAN, continuing Fortinet's momentum with an existing and expanding list of service providers
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SABR | Hot Stocks09:07 EDT Sabre expands partnership with Shiji Distribution Solutions - Sabre announced an enhanced partnership with Shiji Distribution Solutions to better connect hoteliers to the lucrative, yet complex, Chinese travel ecosystem. While the Chinese travel market is one of the biggest in the world, Chinese travelers have traditionally been hard to reach for many hoteliers. This expanded relationship between Sabre and Shiji will open up further access for hoteliers, through the Sabre SynXis hospitality platform, to the channels Chinese travelers typically use to search and book their trips across corporate and leisure segments. Sabre has previously worked with Shiji to connect hoteliers to selected channels within China including the popular WeChat Booking Engine, as well as Fliggy and Meituan's travel platforms. The two global technology companies have now reached a much broader agreement to enable Sabre hotel partners to quickly connect to a wider range of travel agents, online travel agencies, travel management companies and wholesalers across the Chinese marketplace.
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PAIC | Hot Stocks09:06 EDT Revelation Biosciences receives approval to initiate Phase 2b study of REVTx 99 - Revelation Biosciences announced it has received approval from the Federal Agency for Medicines and Health Products and the local Committee of Medical Ethics in Belgium to conduct a Phase 2b influenza viral challenge study. The Phase 2b, randomized, double-blind, influenza viral challenge study is planned in healthy volunteers. This viral challenge investigation will evaluate the potential efficacy of a single- and repeat-dose of REVTx-99 prophylaxis versus placebo on viral load and clinical illness influenza symptoms. The study will include up to 60 participants and is expected to begin enrolling participants in the first quarter of 2022 with top-line data in the second quarter of 2022. Success in this type of viral challenge study may be predictive of future activity in later stage real-world field studies. An initial Phase 1 clinical study was conducted in healthy volunteers to evaluate the safety and tolerability of REVTx-99 as well as its effect on levels of intranasal cytokines. The study consisted of 5 single ascending cohorts oof single escalating doses and repeat doses of REVTx-99. In addition, in this study, 40 healthy participants were dosed in five ascending single dose cohorts and 8 healthy participants were dosed at the highest dose daily for 5 days. REVTx-99 was well tolerated with no significant or serious adverse events. REVTx-99 also showed a dose dependent increase in intranasal cytokines including a key cytokine of interest, IP-10.
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CASY | Hot Stocks09:06 EDT Casey's General Stores in pact to acquire 40 Pilot stores for $220M - Casey's General Stores announced an agreement to acquire 40 Pilot convenience stores from Pilot Corporation in an all-cash transaction for $220M. "Casey's is a great convenience store chain that shares similar values as Pilot and we couldn't be more excited for what they will bring to the community," said Pilot Company Chairman Jimmy Haslam. "We are very thankful for the tremendous service our team members have provided and know they will be in great hands with Casey's. Pilot and the Haslam family will always be committed to the Knoxville community, our philanthropic efforts and being a top employer in the region. The company will continue our intense focus on growing our core travel center network and energy businesses with significant investments in our people and our stores to provide the best team member and guest experience at our more than 800 locations across North America." Casey's will fund the transaction with a combination of cash on hand and bank financing. The transaction is subject to customary closing conditions and regulatory approvals, including Hart-Scott-Rodino clearance.
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GM | Hot Stocks09:05 EDT General Motors, Motorq team up to provide In-Vehicle Coaching service - General Motors' OnStar Business Solutions has teamed up with Motorq, the connected car API company, to help promote safer driving behaviors through a new In-Vehicle Coaching service offered to fleet customers. The In-Vehicle Coaching service provides fleet managers and drivers with real-time, verbal feedback regarding specific driving behaviors to create awareness and encourage safer driving habits. Fleet owners set the criteria for each of the identified behaviors within the Motorq platform, including: if the driver is braking or accelerating too hard; if the driver is exceeding either/both the posted or maximum allowed speed limits and if the driver/passenger hasn't fastened the seat belt. Motorq's secure, cloud-based platform analyzes streaming data directly from the vehicle in real-time. If any of the In-Vehicle Coaching thresholds/criteria are exceeded, a verbal message will play through the radio in the vehicle alerting the driver on their behavior. This service is available through OnStar Business Solutions with most Chevrolet, Buick, GMC, and Cadillac models 2015 or newer, equipped with the compatible OnStar module.
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ZI | Hot Stocks09:05 EDT ZoomInfo to expand global headquarters in Vancouver - ZoomInfo announced that it has signed a lease to expand its global headquarters in Vancouver, Washington. Currently located at 805 Broadway St. in downtown Vancouver, ZoomInfo will move into a four-story office at Terminal 1 along the Columbia River in 2025. ZoomInfo signed a lease for the entire building and will occupy it in a multi-phased approach.
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FUBO | Hot Stocks09:03 EDT FuboTV launches e-commerce venture - FuboTV launched its first e-commerce venture: Fubo Shop, an online store selling exclusive branded merchandise from fuboTV and its forthcoming Fubo Sportsbook.
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EEFT | Hot Stocks09:03 EDT Euronet to license REN payments platform to Marker Trax - Euronet Worldwide announced it will license its REN payments platform to Marker Trax, LLC, of Las Vegas for use in the company's cloud environment where it will provide transaction processing and other core functionalities for a ground-breaking digital casino marker management system.
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MBII | Hot Stocks09:03 EDT Marrone Bio advancing three novel bioherbicides - Marrone Bio Innovations is advancing three novel bioherbicides in its research and development pipeline. "There is an urgent need for new, more sustainable alternatives given the vast number of herbicides with known cases of weed resistance and the lack of new modes of action," Chief Executive Officer Kevin Helash said. "We believe our research can bring new options to our customers that will enhance performance and profitability, and provide a more environmentally responsible option for both conventional and organic farmers." Marrone Bio has three proprietary bioherbicides in its R&D portfolio. The first two, MBI-005 and MBI-011, have prior regulatory approval from the U.S. Environmental Protection Agency, and now are undergoing further formulation refinement. The third, MBI-014/015, has progressed to advanced stages of development. Current results indicate that MBI-014/015 has herbicidal properties estimated to be 50-to-100 times more active than leading chemical alternatives.
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SSBI | Hot Stocks09:02 EDT Summit State Bank declares 10% stock dividend - Summit State Bank announced that its Board of Directors declared a 10% stock dividend to be paid on or about November 4, 2021 to shareholders of record as of the close of business on October 29, 2021. Each shareholder of the Bank will receive one additional share of stock for every ten shares owned on the record date of October 29, 2021. Cash will be paid in lieu of fractional shares based on the closing price of the common stock on the record date.
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COMP | Hot Stocks09:01 EDT Compass to acquire CommonGround Abstract - Compass announced that it has signed a definitive agreement to acquire CommonGround Abstract, a leading title company serving Pennsylvania and New Jersey. The Compass title and escrow portfolio has expanded rapidly in recent months, now providing closing services in nine states as well as Washington D.C. The transaction is expected to close before the end of the year and the terms of the deal are not being disclosed.
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UAL | Hot Stocks09:01 EDT United Airlines, Airlink announce new codeshare agreement - Airlines and Airlink, a South African airline, announced a new codeshare agreement that will offer customers more connections between the U.S. and Southern Africa than any other airline alliance. The new agreement, which is subject to government approval, will offer one stop connections from the U.S. to more than 40 destinations in Southern Africa. Additionally, United will be the first airline to connect its loyalty program with Airlink, allowing MileagePlus members to earn and redeem miles when they travel on Airlink flights. This new cooperation will be in addition to United's existing partnership with Star Alliance member South African Airways.
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TMO | Hot Stocks08:51 EDT Thermo Fisher appoints Michel Lagarde as COO, succeeding Mark Stevenson - In a regulatory filing, Thermo Fisher announced that on September 23, 2021, Mark Stevenson, Executive Vice President and COO, notified the company of his decision to retire effective March 18, 2022, and Syed Jafry, Senior Vice President, Regions, notified the company of his decision to retire effective March 31, 2022. Also on September 23, 2021 the Board of Directors of the company appointed Michel Lagarde, currently Executive Vice President, Executive Vice President and COO, effective January 1, 2022. Also on September 23, 2021, the Board of Directors of the company appointed Gianluca Pettiti, currently Senior Vice President and President of the company's Specialty Diagnostics business, Executive Vice President, effective December 27, 2021.
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GIFI | Hot Stocks08:50 EDT Gulf Island Fabrication recommences operations following Hurricane Ida - Gulf Island Fabrication provided an update on the status of operations at its Houma, Louisiana facilities. On August 29, 2021, Hurricane Ida made landfall near Gulf Island's Houma, Louisiana facilities as a powerful Category 4 hurricane, causing significant damage to the surrounding area and leaving nearly one million residents and thousands of businesses without power and water, including the Company's Houma facilities. In an effort to return the Company to normal operations as quickly and as safely as possible, cleanup and restoration efforts commenced immediately following the passage of the storm. Power and water to the Company's facilities have been recently restored and the Company has recommenced operations. The Company does not expect the recent events to adversely impact its ability to complete projects in backlog or its ability to pursue future project opportunities. The Company is continuing to work with its insurance providers to assess the full extent of the damage to its buildings and equipment, and although the timing and amount of any insurance recovery is uncertain, the Company currently does not expect a material impact to its overall liquidity.
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LUMN | Hot Stocks08:49 EDT Lumen selected by USPS to modernize its network services - Lumen Technologies announced that it was recently selected by the U.S. Postal Service, or USPS, to strengthen and modernize its network services that support more than 32,000 post offices and mail processing sites around the country. Lumen will provide the USPS with secure, highly resilient broadband, wireless access, software-defined networking and managed network services that enhance how these locations connect, collaborate and interact with approximately 900 critical information technology applications. This task order was awarded under a new USPS multi-vendor, indefinite quantity, indefinite delivery contract vehicle.
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BLD | Hot Stocks08:47 EDT TopBuild announces senior notes offering - TopBuild announced a private offering of $500.0 million aggregate principal amount of senior notes due 2032 to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933 and to certain non-U.S. persons in offshore transactions in accordance with Regulation S under the Securities Act. TopBuild intends to use the net proceeds from the sale of the notes, together with borrowings under a new term loan and cash on hand, to fund the purchase price payable in connection with the consummation of its previously announced acquisition of Distribution International, including the payment of related fees and expenses. The closing of the notes offering is expected to occur prior to, and is not conditioned upon, the consummation of the Acquisition. However, the notes will be subject to a "special mandatory redemption" in the event that the Acquisition is not consummated on or prior to August 7, 2022 or prior to August 7, 2022, the merger agreement is terminated, other than in connection with the consummation of the Acquisition, and is not otherwise amended or replaced. The notes will be guaranteed, on an unsecured senior basis, by all of TopBuild's subsidiaries, including DI and its affiliates that are required to become guarantors under the Company's credit agreement by its terms upon consummation of the Acquisition. The notes offering is subject to market and other conditions, and there is no assurance that the offering will be completed or, if completed, as to the terms on which it will be completed.
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NEOG | Hot Stocks08:46 EDT Neogen partners with Hendrix Genetics for SAPPSA program - NEOGEN announced that they have partnered with Hendrix Genetics, a multi-species animal breeding, genetics, and technology company. Through this partnership, NEOGEN will support the implementation of genomic selection into Hendrix's Sustainable Access to Poultry Parent Stock in Africa, or SAPPSA, program. This addition will help accelerate the company's existing recurrent test program by genotyping the elite animals across the breeding program, ensuring the SASSO breeds they cultivate are adapted to the local needs and environmental pressures of Sub-Saharan Africa, including heat, feed, various diseases, and different housing systems. Hendrix Genetics began collecting data on their existing poultry population located in Burkina Faso in 2020. The offspring of these elite birds were then tested for growth and egg production characteristics in this tropical climate. The company will now work with NEOGEN Genomics to genotype the elite animals in the population. With the addition of genotyping, Hendrix Genetics will be able to increase genetic gain in their genetics programs, which will have a positive impact on the smallholder farmers who raise these birds, increasing nutritional intake and income.
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TBLA | Hot Stocks08:44 EDT Taboola to share its strategy on e-commerce following Connexity acquisition - Taboola is sharing with the investment community their strategy to bring more e-commerce solutions to open web publishers and more commerce value to advertisers following their acquisition of Connexity. Taboola closed its acquisition of Connexity on September 1, 2021, bringing Connexity's 6,000 publishers and 1,600 direct merchant relationships to Taboola. "We estimate that a third of our own revenue, as well as publishers in the open web will come from e-commerce over time. Especially on the back of a pandemic, people are buying online - and it's better to buy from a trusted, editorial publisher. Following the acquisition of Connexity we are uniquely positioned to offer an e-commerce strategy to our 9,000 publishers around the world, and help merchants diversify outside of walled gardens. Today is a new beginning for Taboola and our partners. We could not be more excited," said Adam Singolda, Founder & CEO, Taboola. "e-commerce will supercharge our business and position us to capture more of the $100B+ of available TAM. With Connexity, in 2022 we will be more than double what we were in 2019 in terms of ex-TAC Gross Profit and we project $100 million in annual ex-TAC gross profit synergies within four years - roughly equivalent to adding another Connexity. We are laser focused on execution and delivering on the huge opportunity before us." Key points include: the e-commerce industry is rapidly accelerating; publishers are prioritizing e-commerce to thrive; Connexity's deep e-commerce expertise amplifies Taboola revenue performance, the company said.
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PECO | Hot Stocks08:42 EDT Phillips Edison raises monthly distribution 6% to 9c per share - Phillips Edison & Company announced that its Board of Directors unanimously approved a 6% increase to the monthly distribution payable November 1, 2021 to stockholders of record at the close of business on October 15, 2021 The Board approved the distribution at a rate of $0.09 per share of the Company's common stock, Class B common stock, and operating partnership units. When annualized, this is equal to a rate of $1.08 per share, representing an increase of 6% over the previous annualized rate of $1.02 per share.
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RLBD | Hot Stocks08:41 EDT Real Brands completes SEC Form 10 review - Real Brands has received a "No further comments" letter from the Securities Exchange Commission on its Form 10 filing as its final step prior to filing an application to uplist to the OTCQB as a fully compliant reporting publicly traded company. As part of the compliance and reporting process, Real Brands completed two years of audited financial records, appointed outside independent directors to its Board of Directors, and created an audit committee composed of three independent directors.
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IMPL | Hot Stocks08:40 EDT Impel NeuroPharma announces Trudhesa nasal spray now available for prescription - Impel NeuroPharma announced that Trudhesa nasal spray is now available for prescription. The U.S. Food and Drug Administration approved Trudhesa earlier this month for the acute treatment of migraine with or without aura in adults. Trudhesa is now available through Trudhesa Direct, a "customized, end-to-end process that provides prescribing, savings, and home delivery," the company said. "We are excited and proud to launch Trudhesa within weeks of FDA approval. Trudhesa utilizes our pioneering POD technology to optimize delivery of DHE to the upper nasal space, giving migraine patients what they want-rapid, sustained, and consistent relief with one dose, self-administered, anytime, anywhere," said Adrian Adams, Chairman and Chief Executive Officer, Impel NeuroPharma. "Trudhesa is being made available via Trudhesa Direct, a streamlined process that includes automatic enrollment in the patient savings program for eligible, commercially-insured patients. We look forward to working with our digital pharmacy partners to deliver Trudhesa seamlessly to patients at home, so it's there when they need it."
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ATRO | Hot Stocks08:40 EDT Astronics announces $19M follow-on order from Collins Aerospace - Astronics announced it was awarded a $19M order from Collins Aerospace for business jet connectivity equipment to be delivered in 2022. The order is a follow-on to the approximately $11M order announced in February.
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ORN | Hot Stocks08:39 EDT Orion Group gets USACE contract awards of $22M, with potential increases - Orion Group announced three contract awards totaling approximately $22M. The Company's Marine segment has been awarded three contracts valued at a combined $22M to perform dredging services for the US Army Corps of Engineers, USACE, in waterways along the gulf coast, with the potential for the contract value on one award to increase by up to $19M. Two of these contracts were recently awarded by the USACE's Galveston District for dredging work on the Texas coast. The first award valued at $8.8M calls for the removal of up to two million cubic yards of maintenance material along the Gulf Intracoastal Waterway between Corpus Christi and Port Isabel. The second award, located in the Sabine Neches Waterway in Jefferson County, Texas, is valued at a base amount of $9.5M for the dredging of 2.1M cubic yards of material. If the USACE exercises all options for additional scope of work, the total value for this contract could grow to over $28M. The third award is a $3.5 M contract from the USACE's Jacksonville District to dredge maintenance material from the upper channels in Tampa Harbor, in Tampa, Florida. Work on all three projects is expected to commence during the fourth quarter of 2021, with completion expected late next year. "Maintaining our nation's waterways is critical to the economy of our country and being able to continue to support the US Army Corps of Engineers in executing their mission is equally critical to Orion," said Mark Stauffer, Orion's President and Chief Executive Officer. "We have several ongoing projects for the US Army Corps of Engineers and the addition of these projects adds to the growing backlog in our marine business."
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VZ | Hot Stocks08:38 EDT U.S. Dept. of Labor awards Verizon Public Sector $887M in EIS task orders - The U.S. Department of Labor has awarded Verizon Public Sector five Enterprise Infrastructure Solutions task orders to modernize legacy network infrastructure including data, voice, unified communications, video services and enterprise applications for its 20,000 users. Verizon Public Sector's partnership with the DOL will result in a highly secure, converged data and voice network across nearly 1,000 locations. Verizon will partner with the DOL to drive the adoption of innovative technologies with a custom managed services solution that will support enterprise connectivity. The first task order will transform and modernize the DOL's IT backbone with new network architecture design to build a managed network with data, voice and toll-free services. The second task order will continue existing work to transform the DOL's audio and web conferencing services through a number of customized use and flexibility options. The third task order allows for the immediate delivery of Content Delivery Network Services. Verizon Public Sector will evolve these services to provide improved capabilities, creating an enterprise-level cloud environment as the foundation for implementing Infrastructure as a Service, Platform as a Service, and Software as a Service. The fourth task order will address DOL's Managed Trusted Internet Protocol Service, and calls for the installation of MTIPS ports for the DOL's seven data centers across the country. The fifth task order will support the deployment of Unified Communications Services to accommodate all 20,000 DOL end-users. The UCS will integrate multiple methods of communication, including moving to IP-based voice and video services that will enable the DOL workforce to connect, collaborate and exchange information wirelessly and seamlessly. Finally, through a task order previously issued under another solicitation, Verizon Public Sector has successfully transitioned DOL's Co-located Hosting Service (CHS) requirements from its previous GSA's Networx contract to the EIS contract vehicle. This will help reduce DOL's IT infrastructure and management costs and provide access to a data center environment that is scalable to the department's changing needs.
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ALEC | Hot Stocks08:36 EDT Alector announces appointment of Garofalo to board of directors - Alector announced the addition of Elizabeth Garofalo, M.D., to the company's Board of Directors. Garofalo is a veteran biopharmaceutical executive with more than 25 years of experience in global clinical development and regulatory affairs, with a focus on neurology. Since 2016, Garofalo has served as the principal for EAG Pharma Consulting.
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HGEN | Hot Stocks08:36 EDT Humanigen plans submission of MAA for CMA in EU to treat Covid pneumonia - Humanigen announced the European Medicines Agency, EMA, has appointed a rapporteur and a co-rapporteur as part of the pre-submission process related to Humanigen's plan to submit an MAA for the use of lenzilumab to treat patients hospitalized with COVID-19. These appointments by the Committee for Medicinal Products for Human Use, CHMP, are an important step in the pre-submission process leading up to the submission of the MAA. Humanigen plans to request accelerated assessment of the MAA as part of the pre-submission process. "Highlighting the ongoing need globally for therapeutics to treat patients hospitalized with COVID-19, in the EU in the most recent week for which data is available, there were 7,664 new hospitalizations and 4,429 deaths reported for COVID-19," said Cameron, Durrant, MD, Chief Executive Officer, Humanigen.1 "We remain committed to bringing lenzilumab to hospitalized patients with COVID-19 and as part of this effort, we plan to submit our MAA to the EMA as soon as possible." EU legislation allows for accelerated assessment of an MAA, reducing review time from 210 days to 150 days not counting clock stops for applicants to provide additional information, if CHMP determines a product is a major public health interest; however, this decision has no impact on the eventual CHMP opinion on whether a marketing authorization should be granted.
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SERA | Hot Stocks08:35 EDT Sera Prognostics appoints Paul Kearney as Chief Data Officer - Sera Prognostics announced the appointment of Paul Kearney to the position of Chief Data Officer, effective October 1, 2021. As the chief data/analytics officer, Kearney will have responsibility to help direct, manage and analyze the large and growing data sets of Sera, both scientific and business, as Sera engages in studies designed to more fully characterize pregnancy and as commercial activities ramp during this phase of the company's development. Prior to joining Sera Prognostics, Dr. Kearney co-founded multiple biotech companies and data enterprises.
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CDLX MSFT | Hot Stocks08:34 EDT Cardlytics appoints Chris Suh to board of directors - Cardlytics (CDLX) announced the appointment of Chris Suh, corporate vice president and CFO, Cloud+ AI Group at Microsoft (MSFT), to its Board of Directors and Audit Committee.
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FLDM | Hot Stocks08:33 EDT Fluidigm announces collaboration agreement with Karolinska Institutet - Fluidigm announced a collaboration agreement with the Karolinska Institutet for research applications and product development utilizing CyTOF XT, the fourth-generation platform based on Fluidigm's pioneering CyTOF technology. CyTOF XT, launched in mid-2021, is designed to simplify the design and execution of deep cell profiling studies, standardize sample analysis with reproducible workflows and automation and accelerate novel therapeutic development research to improve human health. "Collaborating with one of the world's most prestigious medical universities is an honor for Fluidigm, and we are excited to partner with Karolinska Institutet," said Chris Linthwaite, Fluidigm President and CEO. "This collaboration underscores the acceleration of CyTOF as a premier tool for translational and clinical research and its role in developing a more meaningful approach to precision medicine for better health care decision making. The new CyTOF XT platform provides the most reliable and reproducible method to capture the complexity of the human immune system through high-dimensional cytometry, with improvements in throughput, automation and time to results as well as total cost of ownership." As part of the collaboration, the Karolinska Institutet will receive early access to reagents and software under development by Fluidigm, evaluate pre-released Fluidigm materials and products under development, participate in Fluidigm events and host visits or experiments by Fluidigm customers or prospects relating to Helios, a CyTOF system, and CyTOF XT, and participate in product development discussions with respect to Helios and CyTOF XT.
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GNSS | Hot Stocks08:33 EDT Genasys to sponsor, exhibit at EENA Conference 2021 - Genasys announced it is a gold sponsor of the EENA Conference 2021, a three-day event and exhibition for public safety professionals to be held in Riga, Latvia, October 6 - 8, 2021. Genasys' EU Strategic Marketing Director, Pablo Gomez, is scheduled to participate in the Public Warning Solutions panel discussion at 9 a.m. EEST on October 7, 2021. The panel's focus will be solutions available on the market.
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GPK CC | Hot Stocks08:32 EDT Graphic Packaging names Michelle Fitzpatrick as Chief Sustainability Officer - Graphic Packaging (GPK) announced Michelle Fitzpatrick, Ph.D., will join the company as its first Chief Sustainability Officer. Most recently, Michelle served as the Global Sustainability Leader at The Chemours Company (CC).
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ISR | Hot Stocks08:32 EDT IsoRay announces recognition of Cesium-131 in ABS consensus paper - The American Brachytherapy Society has recognized Isoray's Cesium-131 in its recently released new consensus statement on the subject of low dose rate prostate brachytherapy. This marks the first time Cesium-131 has been included in ABS's highly respected consensus guidelines. Because Cesium-131 seeds were not available as a treatment until 2004, long-term outcomes following Cesium-131 prostate brachytherapy seeds have only recently been available. ABS does not rank or endorse any specific treatment option, but rather is focused on evaluating evidence and providing insight into research surrounding the use of brachytherapy in addressing malignant and benign conditions. Reacting to the newly published, evidence-based consensus statement, Isoray CEO Lori Woods noted the importance of the milestone. Woods said, "We are honored that this prestigious organization has included Isoray's Cesium-131 in these consensus guidelines. It is another important step forward as we continue to innovate and build on our position as a leader in prostate brachytherapy." Entitled, Low dose rate brachytherapy for primary treatment of localized prostate cancer: A systemic review and executive summary of an evidence-based consensus statement, the findings are a "guideline intended to present evidence-based consensus recommendations for low dose rate permanent seed brachytherapy for the treatment of prostate cancer." The paper was the result of work by an ABS convened task force. According to the ABS task force, the results of their comprehensive literature study resulted in their stating that LDR prostate brachytherapy monotherapy is an appropriate treatment option for low risk and favorable intermediate risk disease. In combination with external beam radiation, it also found LDR brachytherapy is appropriate for unfavorable intermediate risk and high-risk prostate cancer treatment. Cesium-131 has the shortest half-life and highest energy level of the radioisotopes that ABS currently recommends for LDR brachytherapy for the treatment of prostate cancer. Cesium-131's energy is powerful, allowing it to aggressively attack the cancer being treated. Its shorter half-life means the radiation delivers its treatment dose faster, reducing other issues for the patient that can come from prolonged radiation exposure. The rapid resolution of side effects is an important advantage for patients, allowing them to return to their normal lives quickly.
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OTLK | Hot Stocks08:30 EDT Outlook Therapeutics reports 12-month safety data from Phase 3 NORSE TWO trial - Outlook Therapeutics announced new 12-month safety data from the pivotal Phase 3 NORSE TWO trial that further confirm the strong safety profile in this study of ONS-5010 / LYTENAVA for treatment of neovascular age-related macular degeneration, or wet AMD. "The full 12-month safety data results move us one step closer to providing patients with an FDA-approved, cGMP-produced drug product that meets ophthalmic FDA standards and avoids the potential risks of repackaged IV bevacizumab," said C. Russell Trenary III, President and CEO of Outlook Therapeutics. "We continue to work towards submitting a Biologics License Application for ONS-5010 to the U.S. Food and Drug Administration for ONS-5010 in the first calendar quarter of 2022." The NORSE TWO Phase 3 clinical trial enrolled a total of 228 subjects with wet AMD across 39 clinical trial sites in the United States. Participants in the trial were followed for 12 months. The primary endpoint for the study was the proportion of patients who gained at least 15 letters in the best corrected visual acuity, or BCVA, at 11 months. The trial compared ONS-5010 dosed monthly to LUCENTIS. The key secondary endpoint for NORSE TWO was the mean change in the BCVA through 11 months. Topline data from NORSE TWO showed that ONS-5010 bevacizumab-vikg met the primary and key secondary endpoints for efficacy with clinically impactful change observed for treated patients. The NORSE TWO primary endpoint difference in proportion of subjects gaining at least 15 letters BCVA was met and was highly statistically significant and clinically relevant. In the intent-to-treat primary dataset, the percentage of patients who gained at least 15 letters who were treated with ranibizumab was 23%, and the percentage of patients who gained at least 15 letters who were treated with bevacizumab-vikg was 41%. The primary endpoint was also statistically significant and clinically relevant in the secondary per-protocol dataset where the percentages were almost identical, at 24% with ranibizumab and 41% with bevacizumab-vikg. The key secondary endpoint BCVA score change from baseline to month 11 in the primary ITT dataset was also highly statistically significant and clinically relevant. A mean change in BCVA was observed with ranibizumab of 5.8 letters and the mean change with bevacizumab-vikg was 11.2 letters. The results were also statistically significant in the secondary PP dataset with a mean change in letters with ranibizumab of 7.0 letters and with bevacizumab-vikg 11.1 letters. The safety results demonstrated in NORSE TWO are consistent with previously reported safety results from Outlook Therapeutics' NORSE ONE and NORSE THREE clinical trials. Following exposure to bevacizumab-vikg, there was only one subject who reported an adverse event of ocular inflammation in all three trials. The most common ocular adverse event was intravitreal injection-related hemorrhage in the tissues on the surface of the eye that resolved without any sequela. The ONS-5010 safety database, now with 12 months of NORSE TWO data, continues to be consistent with previously published results for bevacizumab, such as in the 2011 CATT clinical trial.
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HQY | Hot Stocks08:30 EDT HealthEquity announces proposed offering of $500M senior notes - HealthEquity announced that it has commenced, subject to market and other conditions, an offering of $500 million aggregate principal amount of its senior notes due 2029. It is expected that the senior notes will be guaranteed by certain of HealthEquity's subsidiaries on a senior unsecured basis. HealthEquity intends to use the net proceeds from the offering, together with cash on hand and borrowings under new credit facilities, to refinance outstanding amounts under its existing term loan and/or for general corporate purposes.
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RPHM | Hot Stocks08:29 EDT Reneo Pharmaceuticals hosting KOL webinar on McArdle Disease - Reneo Pharmaceuticals announced that management will host a key opinion leader webinar on McArdle Disease and other genetic mitochondrial myopathies on Monday, October 4, 2021, at 12 pm Eastern Time. This webinar will feature KOL Rosaline Quinlivan, M.D., from the National Hospital for Neurology and Neurosurgery, Queen Square, London, who is the current clinical lead for the nationally commissioned service for McArdle disease and related disorders. Dr. Quinlivan will discuss the current treatment landscape, patient journey, and unmet medical need for patients with McArdle disease and other genetic mitochondrial myopathies. Reneo's Chief Medical Officer, Dr. Alex Dorenbaum, will also discuss the Company's clinical program for its lead candidate, REN001, in the treatment of McArdle Disease. REN001 is a selective peroxisome proliferator-activated receptor delta agonist that has been shown to increase transcription of genes involved in mitochondrial function, increase fatty acid oxidation, and may also increase production of new mitochondria.
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COIN | Hot Stocks08:29 EDT Cathie Wood's ARK Investment bought 77K shares of Coinbase on Monday
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AGRX | Hot Stocks08:29 EDT Agile Therapeutics partners with Olympian Carli Lloyd for women's health - Agile Therapeutics announced today a partnership with U.S. Women's Soccer legend, Carli Lloyd. The partnership with Agile will focus on bringing awareness to women's health topics, and Agile's commitment to elevating women's healthcare. Lloyd, who will play her final game for the U.S. Women's National Team on October 26th against South Korea, was attracted to the company's mission of addressing the healthcare needs of today's women.
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HOOD | Hot Stocks08:28 EDT Cathie Wood's ARK Investment bought 299K shares of Robinhood on Monday
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UNIT | Hot Stocks08:27 EDT Uniti Group announces private offering of senior notes - Uniti Group announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, have commenced an offering of $700 million aggregate principal amount of senior notes due 2030. The New Notes will be guaranteed on a senior unsecured basis by the Company and by each of its subsidiaries that guarantees indebtedness under the Company's senior secured credit facilities and the Company's existing notes. The Issuers intend to use the net proceeds from the offering of the New Notes to fund the redemption in full of the outstanding 7.125% senior notes due 2024, including related premiums, fees and expenses in connection with the foregoing. The Issuers will redeem the 2024 Senior Notes on December 15, 2021 at a redemption price of 101.781% of the principal amount of 2024 Senior Notes being redeemed plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date. The Issuers will use any remaining net proceeds to prepay settlement obligations under the settlement agreement Uniti entered into with Windstream Holdings in connection with Windstream's emergence from bankruptcy. The notice of redemption issued today for the 2024 Senior Notes is conditioned upon completion of one or more debt financings in an aggregate principal amount of at least $700 million. This press release does not constitute a notice of redemption with respect to the 2024 Senior Notes.
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MA | Hot Stocks08:26 EDT MasterCard enters 'Buy Now, Pay Later' program Mastercard Installments - Mastercard unveiled Mastercard Installments, a Buy Now, Pay Later program. Mastercard Installments enables consumers to digitally access BNPL offers, either pre-approved through their lender's mobile banking app or through instant approval during checkout. Pre-approved installments can be used directly on a merchant's website, and can be stored in digital wallets including Click-to-Pay, to then be used online or in-store wherever Mastercard is accepted. "At the heart of it, payments come down to choice - and people want more from their money with greater flexibility and control in how they pay and where they shop," said Craig Vosburg, Chief Product Officer, Mastercard. "Mastercard Installments has been built on our guiding principles to protect consumers and enable choice without sacrificing trust and security. It is a digital-focused way to pay today and tomorrow, delivered through consumer's most trusted relationships with their banks and other lenders, at merchants of their choice."
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DHC... | Hot Stocks08:24 EDT Diversified Healthcare adds communities, in new management pact with IntegraCare - Diversified Healthcare Trust (DHC) announced that it has added five assisted living communities in Wisconsin totaling 300 units to its existing management agreement with Cedarhurst Senior Living within its Senior Housing Operating Portfolio, or SHOP. Additionally, DHC has entered into a new management agreement with IntegraCare for two assisted living communities in Pennsylvania totaling 182 units within its SHOP. DHC has now entered into new management agreements representing approximately 91% of its 108 SHOP communities to be transitioned from Five Star Senior Living (FVE), or Five Star, as previously announced. DHC continues to expect to complete all of the management community transitions by year end. Diversified Healthcare Trust is a real estate investment trust focused on owning high-quality healthcare properties located throughout the United States. DHC seeks diversification across the health services spectrum: by care delivery and practice type, by scientific research disciplines, and by property type and location. As of June 30, 2021, DHC's $8.2 billion portfolio included 392 properties in 36 states and Washington, D.C., occupied by almost 600 tenants, and totaling approximately 10.9 million square feet of life science and medical office properties and approximately 28,000 senior living units. DHC is managed by the operating subsidiary of The RMR Group Inc. (RMR), an alternative asset management company that is headquartered in Newton, MA.
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GENE | Hot Stocks08:24 EDT Genetic Technologies enters collaboration with Institute of Public Health - Genetic Technologies announced that they have entered into a strategic collaboration with the Institute of Public Health in St Louis USA for the purpose of expanding the predictive capabilities of the GeneType for Breast Cancer product to include women of African descent. Genetic Technologies have committed to fully fund a collaborative study with Professor Graham Colditz, Deputy Director of the Institute for Public Health. The purpose of the study is to incorporate further research and data on women of African descent to provide expanded testing capabilities for the GeneType for Breast Cancer product. There exists a significant unmet need for polygenic risk testing for ethnically diverse populations where risks of mortality from Breast Cancer is estimated to be 40% higher in African American women than Caucasian women. Polygenic risk models are required to be validated for use with multiple ethnicities and therefore GENE will be validating samples which have both genotype information and the relevant clinical information to cover this expanded population. This investment will be self-funded by GENE with costs partially offset by an R&D tax rebate estimated to be 43.5% of the costs associated with the study which is expected to contribute ~1,000 samples. The collaboration is anticipated to require around 9 months of research and processing at GTG's Melbourne Laboratory. Commenting on the study, CEO Simon Morriss stated: "Expanding our capabilities to include those of African descent is a critical element of our long-term strategy. To fully address the growing burden of common complex diseases on our healthcare systems we need to be able to provide predictive risk tests for all individuals to empower them with the information to proactively manage their health and understand their risk. This is the first step in our response to address the unmet demand for tests that have been validated on multi population datasets. We will continue to assess our product portfolio to ensure we are expanding our addressable population and providing inclusive polygenic risk scores for multi-ethnic populations."
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AMG | Hot Stocks08:21 EDT Affiliated Managers acquires majority equity interest in Abacus Capital - Affiliated Managers has entered into a definitive agreement to acquire a majority equity interest in Abacus Capital Group. After the closing of the transaction, Abacus senior management will continue to hold a substantial portion of the equity of the firm and direct its day-to-day operations. Abacus is an independent, privately owned real estate investment manager focused on the U.S. multifamily sector. "We are very pleased to partner with Abacus, a high-quality business with excellent growth prospects in an attractive area of real asset investing," said Jay Horgen, President and Chief Executive Officer of AMG. "AMG's unique partnership approach, including our proven succession planning and incentive alignment capabilities, continues to attract outstanding firms - including alternative firms - that wish to build an enduring franchise, preserve their independence, and leverage AMG's institutional capabilities. With strong structural demand for multifamily real estate and the firm's distinctive investment culture, Abacus is positioned for continued growth." The terms of the transaction were not disclosed. Abacus CEO Friedman and members of the senior management team will enter into long-term employment agreements with the firm. The transaction is expected to close in the fourth quarter of 2021.
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FWBI | Hot Stocks08:19 EDT First Wave BioPharma begins patient screening for Phase 2b trial of niclosamide - First Wave BioPharma announced that it has begun screening patients for enrollment in a Phase 2b clinical trial investigating a topical formulation of FW-UP as a potential treatment for ulcerative proctitis and ulcerative proctosigmoiditis. FW-UP is a proprietary topical formulation of niclosamide, a small molecule anti-inflammatory inhibitor therapy. UP and UPS are two types of ulcerative colitis, a chronic inflammatory bowel disease consisting of fine ulcerations in the inner mucosal lining of the large intestine that do not penetrate the bowel muscle wall. The Phase 2b trial is a placebo-controlled study that will enroll up to 28 patients to compare FW-UP, administered as an enema twice daily at a dose of 450 mg, to placebo enemas twice daily. Patient screening is underway at clinical trial sites in Italy and will start soon in Austria and Germany. The Phase 2b trial builds on preliminary data from a previous Phase 1a/2a trial evaluating a low-dose and high-dose of FW-UP in patients with UP and UPS. Data from the first 17 patients treated in the low-dose cohort demonstrated niclosamide to be well tolerated, with a durable therapeutic effect and a clinical remission rate of 59%. Although from early stage data, this rate of remission compares favorably to the rates of 38% to 44% reported for the commonly used steroid, budesonide. In data collected from the first four patients in the high-dose cohort, niclosamide was also shown to be well tolerated.
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PNT | Hot Stocks08:18 EDT Point Biopharma releases new data, exercises option for FAP inhibitor - POINT Biopharma Global released additional preclinical data from its fibroblast activation protein-alpha, or FAP-alpha, inhibitor program called PNT2004. The new data demonstrates characteristics including rapid and persistent tumor targeting with very low retention in normal tissues. Over the duration of the preclinical study, complete tumor regression and prolonged survival were observed. Based on this exciting preclinical data, the Company exercised its option on the technology and amended the exclusive global licensing agreement with Bach Biosciences providing the Company with the opportunity to further expand uses with the highly FAP specific D-Ala-boroPro inhibitor as a targeting warhead. "We believe Pan-cancer radiopharmaceuticals like our PNT2004 program are going to play a key role in the future of precision oncology," said Dr. Joe McCann, Chief Executive Officer of POINT Biopharma. "For over a century radiation has been used to treat cancer. A precision radiopharmaceutical that can deliver radiation directly to most solid tumors, while sparing healthy tissue, would be a game changer with both mono and combination therapy opportunities. We are therefore very enthusiastic about the new data and expanded licensing agreement with Bach Biosciences. Looking ahead, we are well underway with the IND enabling studies and clinical design and expect to submit an IND in 1H2022." Data Summary: 68Ga-PNT6555 demonstrated fast tumor targeting and good tumor retention with low accumulation in other organs. 177Lu-PNT6555 demonstrated prolonged tumor retention and rapid clearance in normal tissues. 177Lu-PNT6555 showed compelling dose responsive anti-tumor efficacy, with 100% of mice dosed at 60MBq and 50% of mice dosed at 30MBq achieving tumor free survival at 80 days post-injection. Similarly, 225Ac-PNT6555 also showed anti-tumor efficacy, with 67% mice dosed at 50kBq achieving tumor free survival at 70 days post-injection.
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SBEV | Hot Stocks08:18 EDT Splash Beverage Group launches Copa di Vino 4-pack nationwide - Splash Beverage Group announced the launch of the all-new Copa di Vino 4-pack in celebration of Copa's 10th anniversary of providing premium wines by the glass, a customer favorite nationwide. Copa's 4-pack offers a new spin on customers' favorite premium wine by the glass that provides a fresh and clean look. Copa's new 4-pack presents enhanced merchandising at retail, delivering unity and a more prominent billboard on the shelf. The new packaging features a custom cutout in the classic Copa cup design that reveals the proprietary single cup inside. With Copa's new rollout, Splash Beverage Group has commenced shipping the new 4-packs to distributors nationwide. The product will retail for approximately $11.99, with occasional promotional pricing as low as $9.99. The Copa 4-pack will facilitate more penetration within the grocery and mass-market channels for the Copa di Vino brand franchise.
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NXGN | Hot Stocks08:18 EDT NextGen Healthcare provides presentation amid proxy fight against Sheldon Razin - NextGen Healthcare announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2021 Annual Meeting of Shareholders The presentation is also available at www.nextgen.com/annual-meeting, along with additional shareholder information regarding the Annual Meeting. "NextGen Healthcare has never been better positioned for significant, sustainable growth and value creation. Over the past five years, we have transformed NextGen Healthcare into a market leader with a winning platform, highly satisfied clients and exceptionally engaged employees. Our record revenues and strong momentum in recurring revenues demonstrate the success our sales force and commercial growth team is achieving. We appreciate the work and dedication of all employees across the organization. With David Sides as the Company's new CEO, we are confident we have the right team, solutions portfolio and operating and financial foundation we need to be not just a market leader, but a market shaper. Rather than support this progress and enable management to fully focus on the business, Sheldon Razin and his dissident director candidate continue to pursue his disruptive proxy fight, in an effort to take de facto control of the Company. Make no mistake - Sheldon's proxy fight is about self-preservation and self-enrichment. We are providing this additional presentation to correct the record because our shareholders deserve the facts and the truth behind Sheldon's bid for control of four of the nine seats on the NextGen Healthcare Board. NextGen Healthcare urges shareholders to discard any blue proxy cards they receive from Sheldon Razin and vote for all proposals listed on the WHITE proxy card, including voting to elect NextGen Healthcare's nine highly qualified director nominees and our proposals to reincorporate in Delaware and eliminate cumulative voting. Time is short. Please vote now in order to have your vote recorded promptly. Simply follow the instructions to vote by Internet on your WHITE proxy card or WHITE voting instruction form from your bank or brokerage firm. If you get email delivery of your proxy materials, the email will contain a link or instructions on how to vote your shares."
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SNOA | Hot Stocks08:17 EDT Sonoma Pharmaceuticals up 70% at $9.15 after launching it products on Amazons
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WKSP | Hot Stocks08:17 EDT Worksport appoints Sengkee Ahn, Michael Timmons to advisory board - Worksport has appointed Mr. Sengkee Ahn and Mr. Mike Timmons to its Advisory Board. The Company's commitment to decarbonizing transportation and innovating how clean energy is produced and harnessed is paving the way for a global transition to solar- and Hydrogen-powered charging & storage technology solutions. The Company is focused on bringing such implementations to market that management believes have the potential to shift consumers' utilization towards adopting these off-grid technologies. Management is confident that the Advisory appointments of Sengkee Ahn and Michael Timmons will enhance the Company's go-to-market strategies in various channels as it nears production manufacturing. Sengkee Ahn is a strategic advisor in business strategy and corporate development. Mr. Ahn has almost three decades of experience advising and working with some of the wealthiest organizations and individuals in Canada. Michael Timmons is Director of Operations for BlackRidge Enterprises, a Division of Ken Garff Automotive, where he directly advises BlackRidge's President and KGA Leadership on market strategy as well as eyeing synergistic identifiers between dealerships and specific accessory divisions.
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VZ | Hot Stocks08:15 EDT Verizon, Yealink introduce 4G/LTE cellular desk phone - Verizon Business and Yealink announced the One Talk T67LTE wireless desk phone, the first advanced desk phone with embedded 4G/LTE cellular technology available in the United States. Available only with Verizon's One Talk service, the premier T67LTE was designed to support the hybrid worker, providing next generation workplace mobility, wireless freedom and peace of mind. Unlike today's existing VoIP phones that utilize a customer's internet connection, with the One Talk T67LTE, users will be able to enjoy a wireless and reliable experience, similar to a smartphone, in a feature-rich desk phone with a large 7-inch color touch screen. Leveraging Verizon's 4G Data network, the T67LTE frees up internet bandwidth which may help improve performance of other devices and apps on the customer's network.
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AGTC | Hot Stocks08:15 EDT Applied Genetic to present data from ongoing ACHM, XLRP trials at RD2021 - Applied Genetic Technologies announced a presentation of the company's ongoing clinical trials in achromatopsia, or ACHM, and X-linked retinitis pigmentosa, or XLRP, at the Fourteenth International Symposium on Retinal Degeneration, or RD2021. Rachel Huckfeldt, MD, PhD, will present "Twelve-month Findings from Two Phase 1/2 Clinical Trials of Subretinal Gene Therapy for Achromatopsia in adults and low-dose pediatrics." on September 29. Paul Yang, MD, PhD will present "Twelve-Month Analysis of Macular Structure using Optical Coherence Tomography from a Phase 1/2 Clinical Study of Subretinal Gene Therapy Drug AGTC-501 for X-Linked Retinitis Pigmentosa," on September 29. "We look forward to our investigators having the opportunity to share analysis of these results with members of the eye health community," said Sue Washer, President and CEO of AGTC. "We believe the data provide important validation for the broad application of our AAV technology platform, including the best-in-class potential for our XLRP therapy candidate and further clinical investigation of our therapy to treat ACHM." AGTC plans to advance its ACHM program to the next stage of clinical development and is moving forward on an End-of-Phase 2 briefing packet to submit to the U.S. Food and Drug Administration, developing assays for pivotal ready testing, and planning production of clinical trial material. Along with the 12-month results in XLRP and other key XLRP data previously released by the company, AGTC is currently executing the Skyline and Vista Phase 2/3 trials that will expand safety and efficacy analyses, including microperimetry and luminance mobility maze outcomes.
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MANT IBM | Hot Stocks08:14 EDT ManTech names David Hathaway as EVP, general manager of defense sector - ManTech (MANT) announced that it has named David Hathaway as Executive Vice President and General Manager of the company's Defense Sector. Reporting to Chief Operating Officer Matt Tait, Hathaway will lead strategic and operational initiatives delivering innovative technology solutions that support the critical missions of the company's Department of Defense customers. Hathaway succeeds Andrew Twomey who has led ManTech's Defense Sector since January 2015. Twomey is taking on a new strategic role within ManTech. Hathaway joins ManTech following a 25-year tenure at IBM (IBM) in Public Sector executive leadership where he was charged with the development and delivery of advanced solutions for military and intelligence customers.
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SKIL | Hot Stocks08:14 EDT Skillsoft names Kristi Hummel Chief People Officer - Skillsoft announced it has appointed Kristi Hummel as Chief People Officer, effective immediately. Ms. Hummel brings more than 25 years of experience leading people strategies for global technology companies, including designing and implementing best-practice programs for talent acquisition, retention and development, workforce planning, compensation and benefits, and performance management. "We are excited to welcome Kristi to Skillsoft at a time when the role of human resources is more strategically important than ever," said Jeffrey R. Tarr, Skillsoft's Chief Executive Officer. "Kristi will accelerate our efforts to attract, retain and develop the best talent in the industry and advance our culture of leadership and learning. Kristi rounds out our newly seated, world-class leadership team, and we look forward to working with her as we continue executing on our organic and acquisitive growth plans and creating value for our shareholders, customers, team members and other stakeholders."
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IDEX | Hot Stocks08:13 EDT Ideanomics subsidiary to participate in DOE's electrified powertrain project - Wireless Advanced Vehicle Electrification, or WAVE, a subsidiary of Ideanomics announced its participation in a U.S. Department of Energy, or DOE, electrified powertrain project to develop the 1-megawatt wireless charging system for Class 8 electric trucks. The primary recipient of the cooperative agreement is Kenworth, who will collaborate with WAVE and Utah State University on system design. The project calls for WAVE systems at each end of a 400-mile regional haul route between Portland, OR, and Seattle, WA. Each charging station will deliver 1-megawatt of power from roadway-embedded charging pads, stationed at designated facilities in Seattle and Portland, to a specially equipped Kenworth T680 next-generation battery EV, enabling the vehicle to exceed its standard 150-mile range and complete the 400-mile route. At 1-megawatt, the system aims to charge the T680 batteries in 30 minutes or less. By comparison, a 250kW charger would take over 1.5 hours.
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CUE | Hot Stocks08:13 EDT Cue Biopharma announces publication on immunotherapeutic platforms - Cue Biopharma announced the publication of research titled "Peptide-HLA-based immunotherapeutics platforms for direct modulation of antigen-specific T cells" in the peer-reviewed Nature journal, Scientific Reports. The article describes Cue Biopharma's IL-2 based CUE-100 series technology platforms, Immuno-STAT and Neo-STAT, being leveraged for the development of first-in-class biologics that enable selective activation of cancer-killing immune T cells within the patient's body. Key aspects of Cue Biopharma's technologies discussed in the article include: The Immuno-STAT platform enables development of first-in-class off-the-shelf biologic molecules designed to selectively engage and activate disease-relevant T cells via the T cell receptors, mimicking the natural immune process, through the presentation of complimentary and synergistic signals, or "cues." An Immuno-STAT is engineered to include: A first signal, or "cue" involving the presentation of a targeted and specific epitope, via a major histocompatibility-peptide complex, to T cell receptors, or TCRs, of disease-specific T cells, to selectively engage a repertoire of T cells relevant to a particular disease such as cancer. A corresponding second signal, or "cue" comprising the immunostimulant IL-2 molecule engineered with particular modifications for activation and expansion of CD8+ cytotoxic T cells, the relevant type of T cells with cancer-killing activity and minimize off-target binding and activation. The Immuno-STAT is constructed upon a portion of a human antibody that serves as the molecule's backbone or scaffold and provides manufacturability and structural stability. Through this design, Immuno-STATs enable disease specificity, targeted selective activation of CD8+ T cells and a larger therapeutic window for IL-2 effectiveness. Neo-STAT is a plug-and-play variation of the Immuno-STAT platform designed with an empty "pocket" for the peptide presentation signal, enabling easy integration of disease-specific antigens a-posteriori to target a variety of cancers and infectious diseases. The modular Immuno-STAT framework is compatible with diverse co-modulators, including immuno-suppressive molecules, with potential to address a variety of autoimmune diseases. Cue Biopharma's lead Immuno-STAT asset, CUE-101 has already shown encouraging results as a monotherapy in a Phase 1 dose escalation trial in late stage second line and beyond patients with HPV+ recurrent/metastatic head and neck cancer, which included a confirmed partial response with approximately 65% durable and ongoing tumor reduction and eight confirmed stable disease responses, controlling tumor growth for at least 12 weeks. The Company is preparing for an Investigational New Drug filing for their next Immuno-STAT clinical candidate, CUE-102, which targets Wilms Tumor 1, expressed in numerous solid tumors and hematological cancers.
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LTBR QBAK | Hot Stocks08:12 EDT Lightbridge expands board with appointment of two independent directors - Lightbridge (LTBR) announced that it has expanded its Board of Directors with the appointment of Sweta Chakraborty and Mark Tobin as independent directors, effective immediately. Chakraborty will serve as Chair of the newly constituted Environmental Social & Governance Committee, while Tobin will serve as Chair of the Compensation Committee. Chakraborty is a risk and behavioral scientist and expert on risks ranging from climate change to COVID-19. She has spent the last 12 years advising government agencies on science and technology policy. Tobin is a global finance and strategy executive with over 24 years of experience in international investment banking and public company leadership. Tobin serves as Chief Financial Officer at infrastructure services provider National Underground Group and serves on the Board of data storage solutions provider Qualstar Corporation (QBAK).
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ELYS | Hot Stocks08:12 EDT Elys Game Technology, NYSRA enter MOU for sports betting opportunities - Elys Game Technology and the New York State Restaurant Association, or NYSRA, announced the entry into a memorandum of understanding, or MOU, that expresses a joint interest in promoting and facilitating opportunities for food and beverage establishments to participate in the State's sports betting industry. The purpose and scope of the MOU is to create a partnership that provides the cornerstone and structure for any and all future opportunities that benefit members of the restaurant association and the State of New York. Elys and NYSRA will endeavor to work together to develop and establish policies and procedures to advance sports wagering-related opportunities for food and beverage establishments. The joint efforts are expected to include, but are not limited to, collective advocacy on the benefits and security of offering leisure betting entertainment within small business venues, and intent to maintain a product and/or service that meets or exceeds all business and industry standards.
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ASPU | Hot Stocks08:12 EDT Aspen Group director Douglas Kass buys 15.8K shares of common stock - In a regulatory filing, Aspen Group disclosed that board member Douglas Kass bought another 15.8K shares of common stock on September 24th in a total transaction size of $82.8K, boosting his stake by about 19%. Shares of Aspen Group are up 3.5% at $5.62 per share in pre-market trading.
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HSII | Hot Stocks08:11 EDT Heidrick & Struggles and Eightfold AI announce partnership to develop platform - Heidrick & Struggles International and Eightfold AI announced a partnership to develop a new digital leadership platform that is intended to offer organizations a new way to understand, assess and make decisions about leadership talent, ensuring they have the right leaders in place today and are able to identify and develop the leaders they need for tomorrow.
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LINC | Hot Stocks08:11 EDT Lincoln Educational strengthens balance sheet through planned real estate deals - Lincoln Educational Services Corporation has entered into a sale-leaseback agreement for its Denver, CO and Grand Prairie, TX campuses. In addition, Lincoln has entered into a separate agreement to sell the property hosting its Nashville, TN campus as a precursor to a planned relocation in 2022 or 2023 to a more efficient and technologically advanced campus. In the aggregate, the two transactions are expected to generate gross proceeds of $81 million and significantly bolster the Company's balance sheet by providing it with the financial resources to execute on its long-term growth initiatives. The sale agreement for Lincoln's properties in Denver, CO and Grand Prairie, TX is for an aggregate purchase price of $46.5 million. Simultaneously with the closing of the sale, Lincoln and the purchaser will enter into a triple-net lease agreement pursuant to which the properties will be leased back to Lincoln for a twenty-year term with four subsequent five-year renewal options. Upon the closing of the sale, which is expected to occur in the fourth quarter of 2021, the Company anticipates recording a gain on sale of approximately $22 million. The sale-leaseback transaction will result in straight-line rent expense of approximately $3 million annually which is expected to be partially offset by a $1.5 million reduction in depreciation expense and interest savings of $0.8 million from the repayment of amounts owed to the Company's lender. Lincoln has also entered into a contract to sell its property in Nashville, TN for a purchase price of $34.5 million. Upon closing of the sale, which is expected to occur during the first quarter of 2022, the Company anticipates recording a gain on sale of approximately $29 million. Pursuant to the terms of the agreement, Lincoln is permitted to continue operating its Nashville campus on a rent free basis for a period of 12 months with an option to extend the rental period at negotiated rates. The Company plans to operate the existing Nashville campus until the relocation to the new campus is complete. While the new campus location has not yet been determined, the Company anticipates that the new facility will be EBITDA neutral given the anticipated efficiencies. The agreements for both of these real estate transactions contain various closing conditions so there can be no assurance that the conditions will be satisfied or waived and that the sales ultimately will be consummated on a timely basis or at all. Lincoln anticipates that the consummation of these real estate transactions will generate net proceeds of nearly $80 million, of which approximately $17 million will be used to repay the Company's outstanding term loan balance, resulting in interest savings of approximately $0.8 million. The Company also expects to invest $10 to $15 million for the buildout of its new Nashville campus with the remaining proceeds available for strategic growth initiatives including expansion of program offerings and new geographic markets as well as general working capital purposes. The Company plans to utilize its available Federal and State net operating losses to substantially offset the tax liability associated with the transactions.
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ALLE | Hot Stocks08:10 EDT Allegion, Gallagher announce U.S. approval of new electronic access solution - Allegion and Gallagher announced that the U.S. Government has approved their new electronic access solution. Schlage AD-302 FIPS 201-2 is integrated with Gallagher's Command Centre security software platform and is the first electronic lock listed on the general services administration Approved Product List, expanding access to key government clients.
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KTOS | Hot Stocks08:10 EDT Kratos Defense receives $3.2M contract award for Next Generation small engine - Kratos Defense & Security Solutions announced that its Kratos Turbine Technologies, or KTT, Business has recently received an approximate $3.2M contract award for the development of a Next Generation small engine for a National Security Program. KTT is currently under contract and in development for several Next Generation turbojet, turbofan, and other engines for certain National Security priority areas, including unmanned aerial drone systems, cruise missiles, powered munitions and other platforms and systems. Work under this recent contract award will be performed at a secure Kratos technical, engineering and development facility. Due to customer, competitive and other considerations, no additional information is being provided related to this recent contract award. Stacey Rock, President of KTT, said, "At Kratos, affordability is a technology, and KTT is focused on disrupting the small turbojet and turbofan class market area with a family of new, high performance, high power, affordable engines which address our customers' rapidly expanding requirements. We believe that Kratos' digital engineering capabilities, which utilize an integrated digital approach with authoritative sources of system data and models across our entire organization's functions and disciplines is a competitive differentiator for our Company and significant value contributor for our customers."
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GOED | Hot Stocks08:09 EDT Former 1847 Goedeker CEO Steve Goedeker applauds new leadership and Fouerti - Steve Goedeker, former chief executive officer and a sizable stockholder of 1847 Goedeker issued the below letter: "Under my family's stewardship and throughout my tenure as chief executive officer, Goedeker was a business that operated with the utmost integrity while always prioritizing the interests of its customers and employees. I am pleased to see that Goedeker's new leadership is continuing to uphold those tenets of success - even as the business grows and transforms into an ecommerce, technology-driven seller of home appliances. The Goedeker family supports Albert Fouerti and believes in his vision. We are also supportive of the Company's ongoing process for strengthening the board of directors with qualified experts. In our view, Albert and the Company's new leadership should be given time to put the foundation in place for long-term value."
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NBY | Hot Stocks08:09 EDT NovaBay to acquire DERMAdoctor for $15M - NovaBay announced it has entered into a definitive agreement to acquire DERMAdoctor, a privately-held company that commercializes dermatologist-developed skincare products, including all of its inventory, products and intellectual property, for a purchase price of $15M, comprised of $12M in cash at closing and up to an additional $3M in earnout payments contingent upon the DERMAdoctor business achieving predetermined financial targets for the 2022 and the 2023 fiscal years. DERMAdoctor produces and sells more than 30 products. DERMAdoctor sells its products through major retailers as well as its own website. The parties are targeting a closing of the transaction in Q4, subject to customary closing conditions.
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AYX PATH | Hot Stocks08:09 EDT Alteryx and UiPath expand strategic partnership - Alteryx (AYX) and UiPath (PATH) announced the expansion of their strategic partnership and new integrations with a connector as part of Alteryx's recent product release. Alteryx will also participate in an expert panel at the UiPath FORWARD IV conference, taking place October 5-6 in Las Vegas, where the company will be exhibiting its Analytic Process Automation, or APA, Platform and bi-directional integration with UiPath.
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DTE | Hot Stocks08:09 EDT SME enrolls in DTE Energy's MIGreenPower program - DTE Energy announced SME's enrollment in DTE's MIGreenPower program. MIGreenPower is one of the largest voluntary renewable energy programs in the United States. Through the program, SME will attribute 100% of the electricity use at its Plymouth, Shelby Township and Livonia locations to DTE's wind and solar parks. Their clean energy commitment will reduce carbon dioxide emissions by 430 tons, which is equivalent to the greenhouse gas emissions from driving a passenger car nearly one million miles.
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MDGS | Hot Stocks08:08 EDT Medigus says Jeff Brands to enter logistic warehouses market in the U.S. - Medigus announced that Jeff Brands operating primarily on Amazon.com, will expand its business into e-commerce logistics warehouses. Jeff Brands signed a non-binding collaboration agreement with iFulfillYou LLC, a U.S.-based warehousing logistics services company under which the parties intend to collaborate for the establishment of logistics warehouses in the U.S. through a newly created company. Inventory and logistics centers are becoming an increasingly important necessity, as use of Fulfillment By Merchant is expanding throughout Amazon, as well as other leading e-Commerce platforms including eBay, Etsy, and others. Jeff Brands desires to extend its business by utilizing its vast knowledge in logistics to support sellers, online stores and brands. As part of the collaboration, iFulfillYou will be responsible for setting up, consulting and managing the logistics warehouses. Jeff Brands and iFulfillYou will also develop and design a proprietary A.I.-based software for warehouse logistics management, real-time inventory tracking and automated shipping certifications. Jeff Brands will hold up to 79% of the new company and will be responsible to finance it with up to US $3.5 million through loans in accordance with milestones to be agreed upon in the binding agreement. The new logistics warehouses in the U.S. are designed to facilitate Jeff Brands expansion in North America and will also provide services to all of its brands.
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ALHC | Hot Stocks08:08 EDT Alignment Healthcare adds Abrazo Health, Carondelet Hospitals to its network - Medicare Advantage company Alignment Healthcare announced the addition of Abrazo Health, a Phoenix-based network of hospitals, emergency centers and physician practices, and Tucson-based Carondelet Health Network hospitals, emergency centers and physician practices, to its network starting Jan. 1, 2022. This agreement will expand access to care for Medicare-eligible beneficiaries in Arizona's Maricopa and Pima counties, where Alignment is launching Medicare Advantage plan options in 2022. "With two of the fastest-growing cities in the nation being in Maricopa County and large senior populations both in Maricopa and Pima, there is a demand for high-quality, coordinated care that better serves this vulnerable population," said John Kao, founder and CEO, Alignment Healthcare. "By partnering with top local providers in Arizona, we further deliver on our mission to provide access to the highest level of care for seniors in 2022 and beyond." In October, nearly 1M Medicare-eligible seniors in Pima and Maricopa Counties will be able to choose from Alignment's HMO and PPO plans during Medicare's annual enrollment period from Oct. 15 through Dec. 7 for coverage beginning Jan. 1, 2022.
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VSAT | Hot Stocks08:07 EDT ViaSat expands relationship with Collins Aerospace ARINCDirect - Viasat announced an expanded relationship with long-time partner Collins Aerospace ARINCDirect, a value-added reseller, or VAR, of business aviation solutions, to offer Viasat's Ka-band in-flight connectivity, or IFC, system for mid- and large-cabin business aircraft. Viasat offers three IFC solutions for the business aviation market: Ka-band, Ku Advanced, and Dual Ku-/Ka-band. By adding Viasat Ka-band to its service offering portfolio, Collins Aerospace can now provide all Viasat options to its customers, including Ka-band service for new installs and service upgrades for current Viasat Ku-band customers to either the faster Viasat Ka-band or the global Dual Ku-/Ka-band solution.
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CRNC | Hot Stocks08:07 EDT VinFast selects Cerence to power intelligent voice assistant - Cerence announced that VinFast has selected Cerence to power conversational AI across its lineup of smart EVs as it expands globally. VinFast is a member of Vingroup. Leveraging embedded and cloud-based technologies from Cerence, VinFast's AI-powered voice assistant, summoned with a simple "Hey VinFast," is an intelligent, trusted companion deeply integrated with the car. Cerence provides VinFast drivers with conversational AI-enabled access to everything from navigation and traffic to phone calling and messaging to media, weather, news, tourist attractions, etc. Drivers can even control key vehicle functions like climate control and advanced driver-assistance systems with their voice and access important car status information like tire pressure or warning lights.
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EDAP | Hot Stocks08:06 EDT EDAP TMS announces UW Medicine to loach Focal One Robotic HIFU program - EDAP TMS announced that University of Washington Medicine, or UW Medicine, has acquired the company's Focal One high intensity focused ultrasound, or HIFU, technology for the precise ablation of prostate tissue. UW Medicine will implement the focal therapy program with Focal One at its UW Medical Center location. "We are pleased that UW Medicine has chosen to offer Focal One Robotic HIFU to their patients," said Marc Oczachowski, Chairman and Chief Executive Officer of EDAP. "Our technology continues to be broadly adopted globally by leading academic medical centers in the field of urology as part of a comprehensive and state-of-the-art approach to prostate cancer care." Advances in imaging, targeted biopsies and energy therapies have increased the applicability of focal treatments which have the potential to treat targeted tissue while sparing key structures. In addition, HIFUsion proprietary software combines pre-operative MRI and 3D biopsy data with real-time ultrasound to provide a complete image for treatment planning. The Focal One platform also offers a fully robotic system for motorized movements and position adjustments while under the control of a urologist.
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CSU | Hot Stocks08:06 EDT Capital Senior Living postpones upcoming Special Meeting of stockholders - Capital Senior Living Corporation announced that it is postponing its upcoming Special Meeting of Stockholders to October 22.
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HCA GE | Hot Stocks08:06 EDT HCA Healthcare CLO Bob Waterman to retire, Michael McAlevey to succeed - HCA Healthcare (HCA) announced that Michael McAlevey will be joining the company as senior vice president and chief legal officer, or CLO, in early 2022. McAlevey, who currently serves as vice president, general counsel and business development leader for GE Healthcare (GE), will succeed Bob Waterman who is retiring September 30 after 24 years with HCA Healthcare. McAlevey has been with GE for 19 years in various legal counsel leadership positions.
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IMAB MGNX | Hot Stocks08:05 EDT I-Mab announces approval of phase 2 trial for enoblituzumab in China - I-Mab (IMAB) announced that the Center for Drug Evaluation, or CDE, of China National Medical Products Administration, or NMPA, has accepted the Company's IND application to initiate a phase 2 trial for enoblituzumab in combination with pembrolizumab, Keytruda, in patients with selected solid tumors in China. I-Mab has in-licensed the rights to exclusively develop and commercialize enoblituzumab in Greater China from MacroGenics (MGNX). Enoblituzumab is a highly differentiated humanized monoclonal antibody directed against B7-H3, a member of the B7 family of T-cell checkpoint regulators. B7-H3 plays a key role in regulating immune response against cancers and is widely expressed in multiple cancers. Its presence on tumors is associated with poor clinical prognosis.
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PTRA | Hot Stocks08:05 EDT Proterra selected by Capital Metro for electric transit buses - Proterra announced that Capital Metro in Austin, Texas has approved a plan to purchase 26 40-foot Proterra ZX5 Max electric transit buses, featuring a total of more than 17 megawatt hours of battery storage capacity. The plan approved by Capital Metro also contains options for the agency to acquire an additional 126 40-foot electric transit buses and chargers over five years. The procurement plan approved by Capital Metro marks one of the largest acquisitions of battery-electric transit buses in North America. Capital Metro's first Proterra ZX5 Max buses are slated to be delivered in 2022.
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RSVR RBLX | Hot Stocks08:04 EDT Reservoir Media supports agreement between NMPA, Roblox - Reservoir Media (RSVR) supported the new agreement between the National Music Publishers' Association and video gaming platform Roblox (RBLX). The agreement includes a settlement for previous claims, and also sets the foundation for future creative and commercial partnerships, plus opt-in go-forward licenses with publishers, per the official announcement. With over 48 million daily active users, Roblox drives new revenue streams through virtual launch parties and concerts, music in games, persistent music worlds, and virtual merchandise. Golnar Khosrowshahi, Reservoir's Founder and CEO, who is also an NMPA Board Director said, "It is another proud day for the publishing and songwriting community, as we celebrate this new agreement with Roblox. We look forward to coming to the table with Roblox and building creative and engaging experiences on the platform that benefit music rights holders and Roblox users alike."
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ZGNX | Hot Stocks08:04 EDT Zogenix submits sNDA for FINTEPLA for treatment of seizures associated with LGS - Zogenix announced that it has submitted a supplemental New Drug Application, or sNDA, for FINTEPLA (fenfluramine) for the treatment of seizures associated with Lennox-Gastaut Syndrome, or LGS, to the U.S. Food and Drug Administration. "As LGS is a severe, rare form of epilepsy that is not well-controlled by currently available anti-seizure medications, we believe that FINTEPLA, if approved, would become an important new treatment option that addresses a significant unmet need for this patient population," said Gail Farfel, Ph.D., Executive Vice President and Chief Development Officer of Zogenix. "We would like to thank the LGS patients, families, and healthcare providers who worked tirelessly alongside us to achieve this milestone in FINTEPLA's development. We appreciate the FDA's guidance through the submission process and look forward to continuing to work closely with the Agency during their review of our application." The sNDA is supported by data from a global randomized, placebo-controlled Phase 3 clinical trial Study 1601 in 263 patients that demonstrated FINTEPLA at a dose of 0.7/mg/kg/day was superior to placebo in reducing the frequency of drop seizures. The same dose of FINTEPLA also demonstrated statistically significant improvement versus placebo in the key secondary efficacy measure, the proportion of patients with a clinically meaningful reduction in drop seizure frequency. FINTEPLA is approved by the FDA and European Commission for the treatment of seizures associated with Dravet syndrome, a rare infant- and childhood-onset epilepsy marked by frequent and severe treatment-resistant seizures, in patients 2 years of age and older. The Japanese Ministry of Health, Labour & Welfare has also granted Orphan Drug Designation to FINTEPLA for the treatment of seizures associated with Dravet syndrome, which Zogenix is developing in Japan.
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ITRM | Hot Stocks08:03 EDT Iterum Therapeutics expects cash to fund operations into 2H23 - Iterum notes that cash, cash equivalents and short-term investments were $91.5 million at the end of the second quarter of 2021. Based on the current operating plan and subject to final determination of the design and planned conduct of additional clinical and potential nonclinical development for sulopenem, the Company believes that it is well positioned financially to fund its operations into the second half of 2023.
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SGEN | Hot Stocks08:03 EDT Seagen completes patient enrollment in MOUNTAINEER trial - Seagen announced it completed patient enrollment in the phase 2 open-label MOUNTAINEER clinical trial, evaluating Tukysa in combination with trastuzumab and as a single agent in patients with HER2-positive, or HER2+, metastatic colorectal cancer, or mCRC, following previous treatment with first- and second-line standard-of-care therapies.
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ITRM | Hot Stocks08:03 EDT Iterum Therapeutics evaluating design for additional Phase 3 uUTI study - Iterum Therapeutics announced that the Company held a Type A meeting with the U.S. Food and Drug Administration during the third quarter of 2021 to discuss the steps required for potential resubmission of the New Drug Application for sulopenem etzadroxil/probenecid for the treatment of uncomplicated urinary tract infections. In July, the Company announced that it had received a Complete Response Letter from the FDA requesting additional data to support approval of oral sulopenem for the treatment of adult women with a uUTI. "We had a successful meeting with the FDA and have established various potential paths forward to address the request in the CRL for additional data in support of our NDA," said Corey Fishman, Chief Executive Officer. "We are currently evaluating the optimal design for an additional Phase 3 uUTI study to be conducted prior to the potential resubmission of the NDA. We continue to believe in the ability of sulopenem to treat the growing problem of multi-drug resistant UTIs in the community."
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LPCN | Hot Stocks08:03 EDT FDA affirms resubmission of NDA of Lipocine's TLANDO - Lipocine announced the FDA has affirmed the resubmission of its New Drug Application, or NDA, for TLANDO, its oral testosterone product, will be a Class 1 resubmission. A Class 1 NDA resubmission includes a two-month FDA review goal period. The FDA granted tentative approval to TLANDO in adult males indicated for conditions associated with a deficiency or absence of endogenous testosterone: primary hypogonadism and hypogonadotropic hypogonadism in December 2020. In granting tentative approval, the FDA concluded that TLANDO met required quality, safety and efficacy standards necessary for approval, but the product was not granted final approval and is not eligible for final approval and marketing in the U.S. until the expiration of the FDA's Orange Book listed exclusivity period previously granted to Clarus Therapeutics, with respect to Jatenzo, which expires on March 27, 2022. Resubmission of the NDA is a necessary requirement to receive final approval from the FDA and is expected to occur on January 28, 2022, based on the FDA's Class 1 affirmation.
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MOTS | Hot Stocks08:02 EDT Motus GI Holdings announces passing of director Sam Nussbaum - Motus GI Holdings announced with profound sadness that Samuel Nussbaum, MD, an independent director on the Company's board of directors, passed away on September 23, 2021. Dr. Nussbaum had proudly served on the Company's board of directors since 2016, where he was a member of the compensation, and nominating and corporate governance committees.
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FRFHF | Hot Stocks07:52 EDT Fairfax Financial announces intention to make Normal Course Issuer Bid - Fairfax Financial Holdings announces that the Toronto Stock Exchange has accepted a notice filed by Fairfax of its intention to commence a Normal Course Issuer Bid through the facilities of the TSX for its Subordinate Voting Shares and the following series of its Preferred Shares: Cumulative 5-Year Rate Reset Preferred Shares, Series C, Cumulative Floating Rate Preferred Shares, Series D, Cumulative 5-Year Rate Reset Preferred Shares, Series E, Cumulative Floating Rate Preferred Shares, Series F, Cumulative 5-Year Rate Reset Preferred Shares, Series G, Cumulative Floating Rate Preferred Shares, Series H, Cumulative 5-Year Rate Reset Preferred Shares, Series I, Cumulative Floating Rate Preferred Shares, Series J, Cumulative 5-Year Rate Reset Preferred Shares, Series K and Cumulative 5-Year Rate Reset Preferred Shares, Series M. Purchases will be made in accordance with the rules and policies of the TSX and Subordinate Voting Shares and Preferred Shares purchased will be cancelled. As stated in the notice, Fairfax's board of directors has approved the purchase on the TSX, during the period commencing September 30, 2021 and ending September 29, 2022, of Subordinate Voting Shares and Preferred Shares.
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J | Hot Stocks07:47 EDT Jacobs wins seven awards on GSA ASTRO contract - Jacobs has won seven awards on the General Services Administration's, or GSA, ASTRO contract. The multiple-award, indefinite delivery/indefinite quantity, or IDIQ, contract has no defined ceiling value but is anticipated to have a multi-billion-dollar budget over its potential 10-year ordering period. Sponsored by the Department of Defense, or DoD, the ASTRO program will be managed by GSA's Federal Systems Integration and Management Center, or FEDSIM. The program focuses on providing the DoD innovative, future technology, products, solutions and capabilities across all domains as the Department operationalizes convergence. ASTRO's scope includes the full lifecycle of development, integration, operation and maintenance for manned, unmanned and optionally-manned systems, robotics, sensors, vehicles and platforms. The scope also covers the services that support those systems as well as the analysis and visualization of data they collect.
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ICNAF | Hot Stocks07:45 EDT Icanic Brands announces $2M sale of California cultivation interest - Icanic Brands Company is pleased to announce that the Company has sold its interest in a Sacramento, CA Cultivation facility to Crowco Management, a California based limited liability Company, for $2,000,000. The Company held management and purchase rights with respect to a 180 light indoor cannabis cultivation facility which has been in operation since late 2019. Pursuant to a definite Sale and Assignment Agreement and in consideration for $2,000,000.00, Icanic Brands through its wholly owned subsidiary has sold its interest and rights in the Sacramento, California based Cultivation Facility. In addition to the monetary consideration, Icanic Brands shall receive discounted purchase rights to supply its current California based infused pre-roll products. Icanic Brands also announces that management of the Company has increased its budget related to its investor relations campaigns in an effort to continue the Company's marketing and awareness campaigns using alternative methods as a result of travel restrictions and limited person-to-person contact due to the Covid-19 pandemic. In connection with this, the Company is pleased to announce the launch of an investor marketing campaign and has engaged TD Media to provide investor relations and digital advertising services to the Company. Services to be provided by TD Media include copywriting and design fees and digital advertising. The engagement of TD Media will commence on September 28, 2021 for a fee of $250,000 as part of the increased budget in connection with the campaign. Neither TD Media nor any of its principals currently own any interest, directly or indirectly, in the Company.
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DOCRF | Hot Stocks07:44 EDT CloudMD nominates Duncan Hannay, Karen Adams to board of directors - CloudMD Software is excited to announce that the company will be nominating two new business leaders to its Board of Directors for the 2021 annual general meeting of shareholders scheduled for November 9th, 2021. The new Board of Directors will consist of five directors, including two new nominees for election. The new nominees for the Board of Directors are: Duncan Hannay. Hannay is currently the Chief Executive Officer of the Ontario Lottery and Gaming Corporation and brings more than 25 years of experience growing businesses across industries, channels and locations around the world. Karen Adams. Ms. Adams is currently President of CloudMD as well as its Global Head, Enterprise Health Solutions. The three incumbent directors for re-election are Mark Kohler, Christopher Cherry and Essam Hamza. The Company also announces that is has appointed KPMG LLP, Chartered Professional Accountants as the Company's independent auditors to hold office until the end of the next annual general meeting of shareholders. Effective September 9th, 2021, at the request of the Company, CloudMD's predecessor auditors, Harbourside LLP, Chartered Professional Accountant, resigned as auditors and KPMG was appointed to fill their vacancy for the fiscal year ended December 31, 2021. The Company has granted stock options and restricted share units in the ordinary course to certain directors and officers, under its Stock Option Plan and RSU Plan to purchase an aggregate of 1,250,000 common shares of the Company. The exercise price of the stock options granted was set at $1.75 per share. The stock options and restricted share units are subject to the terms of the Company's Stock Option Plan and RSU Plan and any necessary regulatory approvals.
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YJ | Hot Stocks07:43 EDT Yunji receives non-compliance letter from NASDAQ - Yunji announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market dated September 27, indicating that because the closing bid price of the Company's American Depositary Shares for the last 30 consecutive business days was below $1.00 per share, the Company no longer meets the Nasdaq minimum bid price requirement, set forth in Nasdaq Listing Rule 5450. Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 days, or until March 28, 2022. The Company intends to monitor the closing bid price of its ADSs between now and March 28, 2022 and is considering its options, including an adjustment of its ADS-to-Class A ordinary share ratio, in order to regain compliance with the Nasdaq minimum bid price requirement. The Company intends to cure the deficiency within the prescribed grace period.
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DRNA | Hot Stocks07:41 EDT Dicerna doses 1st subjects with investigational GalXC RNAi therapeutic for AUD - Dicerna Pharmaceuticals announced that it dosed the first subjects in its Phase 1 clinical trial to assess DCR-AUD, Dicerna's investigational GalXC RNAi therapeutic in development for the treatment of alcohol use disorder. The study will evaluate the safety, tolerability, pharmacokinetics and pharmacodynamics of single ascending doses of DCR-AUD in healthy volunteers. The trial will also assess the interaction between DCR-AUD administration and alcohol consumption using standardized Ethanol Interaction Assessments performed serially over the trial's duration. AUD is characterized by the inability to stop or control alcohol use despite social, occupational or health consequences.1 Treatment approaches include psychosocial support and pharmacotherapy, but many individuals with AUD do not receive treatment, and currently available pharmacotherapies are not widely prescribed.2 Overall, of the estimated 14M individuals in the U.S. with AUD, fewer than 1.4 million receive treatment of any kind.3,4 "We designed DCR-AUD leveraging our GalXC RNAi technology to serve as a potential therapeutic that offers real-time physiological feedback to complement the evidence-based psychosocial treatments used to help individuals with AUD," said Shreeram Aradhye, M.D., Executive Vice President and Chief Medical Officer at Dicerna. "We are pleased to initiate clinical development of DCR-AUD and look forward to sharing interim data later next year." The randomized, double-blind Phase 1 clinical trial will evaluate single doses of DCR-AUD compared to placebo in up to 36 healthy volunteers over a 24-week observation period.
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MGDPF | Hot Stocks07:40 EDT Marathon Gold reports latest Berry infill drill results - Marathon Gold is pleased to report the latest drill assay results from the Valentine Gold Project in central Newfoundland. These latest results represent fire assay data from fifteen diamond drill holes completed as part of the ongoing in-fill drill campaign at the 1.5 kilometre long Berry Deposit. Highlights include: VL-21-1040 intersected 10.86 g/t Au over 2 metres, and 9.33 g/t Au over 2 metres including 12.33 g/t Au over 1 metre, and 7.67 g/t Au over 2 metres including 13.29 g/t Au over 1 metre, and 7.18 g/t Au over 2 metres including 12.92 g/t Au over 1 metre; VL-21-1042 intersected 4.16 g/t Au over 11 metres including 20.93 g/t Au over 1 metre and including 19.07 g/t Au over 1 metre; VL-21-1052 intersected 2.51 g/t Au over 13 metres including 25.33 g/t Au over 1 metre, and 1.03 g/t Au over 12 metres; VL-21-1050 intersected 7.64 g/t Au over 4 metres including 27.59 over 1 metre, and 1.24 g/t Au over 24 metres; VL-21-1041 intersected 1.99 g/t Au over 11 metres, and 0.90 g/t Au over 18 metres; and VL-21-1047 intersected 1.35 g/t Au over 14 metres. Gold mineralization at the Valentine Gold Project is contained predominantly within shallowly southwest dipping, en-echelon stacked Quartz-Tourmaline-Pyrite-Gold veins. At the Leprechaun, Marathon and Berry Deposits, these QTP-Au veins form densely stacked and northwest plunging "Main Zone" envelopes within intrusive host rocks on the hanging wall side of the Valentine Lake Shear Zone. The extent of mineralization appears related to the size and frequency of sheared mafic dykes which extend northeast-southwest within the hanging wall, parallel to the shear zone. The results released are derived from six drillholes located on sections 13700E and 13800E at the western end of the Berry Deposit, and nine drillholes located between sections 14300E and 14540E, close to, or within, the connecting "saddle area" between the two conceptual pit shells utilized in the April 2021 Berry Mineral Resource Estimate. Three of the fifteen holes were oriented on a southeast azimuth towards the footwall contact with the VLSZ to test for mineralization at progressive distances into the Berry Deposit's hanging-wall rocks. Twelve of the fifteen holes were oriented steeply down to the northwest testing for Main Zone type stacked QTP-Au mineralization, either close to the VLSZ or within the hanging-wall. Thirteen of the fifteen drill holes returned "significant" drill intercepts of greater than 0.7 g/t Au, and all but one of the fifteen returned additional intercepts with gold grades above the 0.3 g/t Au cut-off used in the April 2021 Berry Mineral Resource Estimate.
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CYTK | Hot Stocks07:38 EDT Cytokinetics' annual Communications Fellowship Grant program calls for proposals - Cytokinetics, Incorporated announced a call for proposals for the fourth annual Cytokinetics Communications Fellowship Grant program. The program awards five grants worth $20,000 each to patient advocacy organizations serving the amyotrophic lateral sclerosis, heart failure, hypertrophic cardiomyopathy, or spinal muscular atrophy communities, and is intended to support increased capacity in communications and outreach.
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GRAY | Hot Stocks07:36 EDT Graybug Vision ends further development of GB-103 due to GB-102 results - "Graybug continues to optimize its technology platform and is developing additional formulations that have the potential to preserve the durability of GB-102 1mg microparticles while minimizing the risk of dispersion. These new and enhanced formulations, including injectable implants, may also simplify the drug reconstitution process and the injection technique, both of which are sources of variability in clinical outcomes. These innovations have already been incorporated into the development programs of both GB-102 and GB-401," the company said. Graybug anticipates that its GB-401 implant program for glaucoma will enter a Phase 1 trial in the second half of 2022. Given the 12-month or longer duration observed with GB-102 in the ALTISSIMO 18-month trial, Graybug decided to stop the further development of GB-103, which was designed to maintain therapeutic drug levels in the retinal tissue for 12 months with a single injection.
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LIZI | Hot Stocks07:36 EDT Lizhi's says Audio Engineering Technology Research Center accredited - LIZHI announced that its Audio Engineering Technology Research Center of Guangdong Province in China has been recognized by the Guangdong Science and Technology Department on its 2021 list of Engineering Technology Research Centers of Guangdong Province. The certificate recognizing the research center's accreditation was officially unveiled today.
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GRAY | Hot Stocks07:36 EDT Graybug Vision reports analysis of data from ALTISSIMO Phase 2b trial - Graybug Vision provided full-data analysis from the 18-month Phase 2b ALTISSIMO trial of GB-102 for the treatment of wet age-related macular degeneration or wet AMD, Graybug's proprietary formulation of sunitinib malate injected twice-a-year intravitreally. The ALTISSIMO trial was a masked and controlled Phase 2b dose-ranging study of two doses of GB-102, 1mg and 2mg, with a single control arm of patients on 2mg aflibercept, conducted across 33 study sites in the United States. The primary endpoint was median time to first supportive therapy with a vascular endothelial growth factor, or VEGF, inhibitor, and secondary endpoints were safety and pharmacodynamics, measured as mean change in best-corrected visual acuity, or BCVA, and mean change in central subfield thickness, or CST, of the retina. ALTISSIMO comprised two phases. By its design, patients could not achieve longer than a six-month duration during the Core Study. The Extension Study provided up to an additional six months for patients to demonstrate longer duration, which resulted in 55% of GB-102 1mg patients experiencing a treatment duration of 12 months or longer, while maintaining visual acuity and central retinal thickness. As in the Core Study, GB-102 1mg continued to be well-tolerated and maintained a favorable safety profile during the Extension Study. No drug-related adverse events or vision-threatening inflammation were reported. "We are encouraged by the Extension Study data that indicate a class-leading durability of GB-102 1mg of 12 months, or longer," said Fred Guerard, PharmD, Chief Executive Officer, Graybug Vision. "These data further support the significant commercial opportunity that GB-102 1mg could represent. Our search for a partner to fund the further clinical development of GB-102 is ongoing."
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CRKN | Hot Stocks07:35 EDT Crown Electrokinetics signs its first commercial customer, MetroSpaces - Crown Electrokinetics has signed its first commercial customer, MetroSpaces, a proptech company combining world-class real estate development with cutting-edge technology. Crown will install its Smart Window Inserts in MetroSpaces' 70,000 square-foot Houston, Texas office building. Crown's Smart Window Inserts aims to enhance the efficiency of existing windows, eliminating the need to replace the glass by easily fitting into window frames. It also acts as an additional pane of glass, further insulating the building from outside temperatures. And, powered by solar, Smart Window Insert will ultimately be able to function without wiring into the building. Initial field test results suggest that the inserts can reduce energy costs of office buildings by approximately 26%. Crown expects to start installation of the Smart Window Inserts during the Q1 of 2022.
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VMAR | Hot Stocks07:35 EDT Vision Marine Technologies to showcase E-Motion powertrain at IBEX 2021 - Vision Marine Technologies announced it will showcase its E-Motion 180hp fully electric powertrain on a Starcraft EX 22 foot pontoon boat at IBEX 2021, taking place September 28th to September 30th in Tampa, Florida.
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AIZ | Hot Stocks07:33 EDT Assurant announces COO Mergelmeyer to retire, Keith Meier to succeed - Assurant announced that Gene Mergelmeyer, chief operating officer, with 34 years of tenure with the company, plans to retire at the end of 2021. As a result, president and incoming CEO Keith Demmings is announcing leadership appointments to support its go-forward business strategy. The appointments, all of which will be effective January 1. are focused on advancing Assurant's business strategy and market leadership in the connected world with a focus on delivering superior customer experiences. Keith Meier, president, Assurant International will succeed Mergelmeyer as COO. Federico Bunge, president of Assurant's Latin America operations will succeed Meier to lead International and will report to Biju Nair, EVP and recently named president, Global Connected Living.
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SNGX | Hot Stocks07:32 EDT Soligenix announces publication of pre-clinical immunogenicity studies for CiVax - Soligenix announced publication of pre-clinical immunogenicity studies for CiVax demonstrating durable broad-spectrum neutralizing antibody responses, including against the Beta, Gamma and Delta variants of concern. The article, titled "Protein Vaccine Induces a Durable, More Broadly Neutralizing Antibody Response in Macaques than Natural Infection with SARS-CoV-2 P.1," has been posted as an accelerated preprint on bioRxiv. The manuscript is part of the ongoing collaboration with Axel Lehrer, PhD, Associate Professor at the Department of Tropical Medicine, Medical Microbiology and Pharmacology, John A. Burns School of Medicine, University of Hawaii at Mnoa. Development continues under a non-dilutive $1.5M Small Business Innovation Research grant from the National Institute of Allergy and Infectious Diseases awarded to Soligenix in December 2020.
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ARWR JNJ | Hot Stocks07:32 EDT Arrowhead earns $10M milestone payment from Janssen Pharmaceuticals - Arrowhead (ARWR) announced that it earned a $10M milestone payment from Janssen Pharmaceuticals (JNJ). The milestone payment was earned after Janssen dosed the fifth patient in a Phase 1 clinical study of ARO-JNJ1, an investigational RNAi therapeutic candidate which utilizes Arrowhead's proprietary Targeted RNAi Molecule platform. Arrowhead entered into a license and collaboration agreement, and into a research collaboration and option agreement, with Janssen in October 2018. Arrowhead is eligible for additional payments when future milestones are met and is also eligible for royalties on commercial sales of ARO-JNJ1.
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MITO | Hot Stocks07:32 EDT Stealth Biotherapeutics presents elamipretide data in heart research meeting - Stealth BioTherapeutics announced the presentation of positive elamipretide data showing improvements in mitochondrial respiration and heart muscle function in tissue from failing human hearts at the International Society for Heart Research North American Section Meeting 2021. In this study, mitochondria and muscle fibers from the explanted failing left ventricle were isolated from adult and pediatric patients undergoing cardiac transplant, post organ transplantation. The effects of elamipretide on mitochondrial respiration and muscle function were determined in the laboratory. Mitochondrial respiration was decreased in heart tissue from patients with pediatric cardiomyopathy compared to explanted tissue from non-failing hearts. Study findings showed that these impairments in respiration were significantly improved with elamipretide treatment in the pediatric hearts. The study also demonstrated that elamipretide treatment improved both contraction and relaxation in muscle fibers isolated from failing hearts of patients with dilated cardiomyopathy.
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NCNO CRM | Hot Stocks07:32 EDT nCino appoints Anthony Morris as SVP, global banking strategy, customer advisory - nCino, Inc. (NCNO) announced the appointment of Anthony Morris as SVP of Global Banking Strategy & Customer Advisory. As the Vice President and Global Head of Banking Go-to-Market at Salesforce (CRM) for the past decade, Morris advised hundreds of bank customers on how to best leverage the cloud to deliver their digital transformation strategies across a variety of business lines, segments, and programs. In his new role at nCino, Morris will engage with nCino's global bank customers and prospects to drive their adoption of the nCino Bank Operating System and help refine go-to-market strategies to continue expanding the nCino ecosystem.
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ENB | Hot Stocks07:21 EDT Enbridge and Vanguard Renewables announce 2 BCF renewable natural gas pact - Vanguard Renewables and Enbridge announced a partnership whereby Enbridge will purchase upwards of 2 billion cubic feet of renewable natural gas annually from the anaerobic digesters that Vanguard Renewables will invest $200M to build in the U.S. Northeast, Southeast, and Midwest. Enbridge will invest approximately $100M in RNG upgrading equipment to convert the farm derived RNG into pipeline quality renewable natural gas and provide transportation and marketing services to market that gas to U.S. customers. Vanguard Renewables Farm Powered anaerobic digester at Goodrich Farm in Salisbury, Vermont converts food and farm waste into renewable natural gas. "We are proud to work with Enbridge to accelerate the development of transformational renewable energy projects on a nationwide scale and help combat climate change," said John Hanselman, Founder and CEO of Vanguard Renewables. "Our deep relationships with leading food manufacturers and retailers through the Farm Powered Strategic Alliance enable us to convert waste that is otherwise detrimental to our environment into a climate-friendly tool to help reduce the carbon footprint of our customers. Our partnership with a company the caliber and scale of Enbridge enables the seamless transmission of the RNG from our farm network to these ESG-conscious participants that are using RNG to decarbonize their thermal energy needs."
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LAIX | Hot Stocks07:18 EDT Laix receives not in compliance letter from NYSE - LAIX announced that it has received a letter from the NYSE dated September 17 notifying the Company that it is below compliance standards due to the trading price of the Company's American depositary shares and the applicable cure period for the Company to regain compliance expires on March 17, 2022. Once notified, the company must bring its ADS trading price and average ADS trading price back above $1.00 within the applicable cure period following receipt of the notification. To address this issue, LAIX intends to monitor the market conditions of its listed securities and is still considering its options.
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HX | Hot Stocks07:16 EDT Xiaobai Maimai plans to enter the radiation oncology services market in the U.S - Xiaobai Maimai announced that it plans to enter the radiation oncology services market in the U.S. The Company recently established We Health Limited, a subsidiary based in New York, to tap into the cancer therapy and radiation oncology business in the U.S. The Board of Directors has appointed Yilin Wang to be Co-CEO. Wang has extensive experience in medical health, health management and medical technology related businesses. Yilin Wang, Co-CEO of Xiaobai Maimai, commented, "The Board has approved the new business plan to enter into the radiation oncology services market in the U.S. We plan to open radiation oncology centers on the East Coast and provide personalized consultation, treatment planning, radiotherapy and related services to patients with a wide variety of cancers. We believe rising healthcare expenditures and the growing adoption of radiotherapy will drive the growth of this market. We aim to provide patients with safe, high-quality treatment leveraging our advanced radiotherapy equipment and attentive healthcare services."
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ERO | Hot Stocks07:16 EDT Ero Copper announces results of optimized feasability study for Boa Esperanca - Ero Copper is pleased to announce the results of its optimized Feasibility Study on the Boa Esperanca Copper Project, located in Para State, Brazil. HIGHLIGHTS: 41.8% after-tax internal rate of return and $380 million after-tax net present value based on Consensus Copper Price and 5.00 BRL:USD exchange rate; Doubled life-of-mine copper production to approximately 326,000 tonnes from 163,000 tonnes in the 2017 Study with increased mine life of twelve years; Increased annual average LOM copper production from approximately 18,000 tonnes to over 27,000 tonnes, with the first five years of production averaging approximately 35,000 tonnes per annum. Mine life of twelve years supported by updated proven mineral reserves of 30.7 million tonnes at 0.89% copper and probable mineral reserves of 12.4 million tonnes at 0.67% copper, containing a total of 356.6 thousand tonnes of copper, a 93% increase in contained copper as compared to the 2017 Study; Low capital-intensity of approximately $8,400 per tonne of copper produced annually over the first 5 years of the Project resulting in rapid payback of 1.4 years at Consensus Copper Price; Significant exploration upside identified within an under-explored area within the final pit limits, known as the "Gap Zone", expected to enhance the Project by confirming continuity of mineralization between near-surface high-grade zones and high-grade zones near the pit limits at depth; and, converting material currently classified as waste into mineral resources. Subsequent to August 31, 2021, or the effective date of the mineral resource and mineral reserve estimates in the 2021 Feasibility Study, ten exploration holes were drilled in the Gap Zone, all of which showed mineralization. To date, assay results have been received for three of these holes. Results are highlighted by hole BSPD-166 that intercepted 21.2 meters grading 0.98% copper and 15.3 meters grading 1.25% copper and BSPD-169 that intercepted 64.9 meters grade 0.86% copper including 15.0 meters grading 1.40% copper; and Detailed engineering design efforts are currently underway with early construction works expected to commence during H1 2022, subject to the approval of Ero's Board of Directors.
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CLXT | Hot Stocks07:13 EDT Calyxt announces research collaboration with global food ingredient manufacturer - Calyxt announced it entered into a research collaboration with a leading global food ingredient manufacturer based in Asia to develop an improved soybean capable of producing an oil as a commercial alternative to palm oil. In addition to the potential health benefits, this soybean and its oil may address sustainability challenges associated with palm oil, such as food miles and palm oil's impact on biodiversity. As part of the research collaboration, Calyxt will receive cash payments in each of the two years of its term. This collaboration agreement also includes a commercial option for the global food ingredient manufacturer. If exercised by our collaboration partner and subject to negotiation of definitive terms of a commercial agreement, Calyxt estimates it has the potential to receive future aggregate payments of more than $35M over the likely term of the commercial agreement, based on the palm oil market share of the partner, assumptions as to market pricing, and other key assumptions.
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SLRX | Hot Stocks07:13 EDT Salarius Pharmaceuticals receives $2.7M in payment from CPRIT - Salarius Pharmaceuticals announced the receipt of a $2.7M payment under its existing contract with the Cancer Prevention and Research Institute of Texas, or CPRIT. The payment is part of a non-dilutive grant that was originally awarded in 2016 to support Salarius' operations and development of its lead drug candidate, seclidemstat. Seclidemstat s a novel, oral tablet, reversible inhibitor of lysine-specific histone demethylase 1, an enzyme that plays a key role in the development and progression of several cancers. This latest disbursement of CPRIT funds is additive to the $33M in cash Salarius previously reported on its balance sheet as of June 30, 2021, and up to $2.1M in funding remains available to Salarius under the original 2016 CPRIT Award. "The non-dilutive financial support Salarius has received from CPRIT during the past five years continues to play an instrumental role in our success in advancing the development of seclidemstat," stated David Arthur, CEO of Salarius. "Since the original CPRIT grant, Salarius has initiated research partnerships, fortified its intellectual property portfolio and expanded the exploration of seclidemstat into new cancer indications. In all, patients are being actively recruited for clinical trials across five patient groups, three in high unmet need sarcomas and two in high unmet need hematologic cancers."
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AGMH... | Hot Stocks07:12 EDT AGM Group Holdings appoints Steven Yuan Sim as CFO - AGM Group Holdings (AGMH) announced that Steven Yuan Ning Sim has been appointed as the new CFO of the Company, effective September 24. Zhihe Yang tendered his resignation as the CFO of AGM Group Holdings, effective September 23. Yang's resignation as director is not the result of any disagreement with the Company's operations, policies or procedures. Steven Yuan Ning Sim has over 15 years of audit and financial management experience. Prior to join the Company, Sim served as the CFO of Pintec Technology Holdings (PT), an independent financial solutions provider in China from October 2016 to August 2021. Sim has also served as an independent director of Skillful Craftsman Education Technology (EDTK), a provider of online education and technology services in China, since March. Previously, Sim served as vice president of finance at Sohu.com from 2014 to 2016.
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PRCT CI | Hot Stocks07:12 EDT Procept BioRobotics announces Cigna adds Aquablation therapy to coverage policy - PROCEPT BioRobotics (PRCT) announced a new positive coverage decision from Cigna (CI), expanding access to Aquablation therapy for the treatment of their members with Benign Prostatic Hyperplasia. The revised policy is effective September 15, 2021. "We are pleased with Cigna's decision to cover Aquablation therapy for the treatment of lower urinary tract symptoms due to BPH. This coverage update will provide access to an effective, safe and durable treatment option to millions of members nationwide," said Reza Zadno, President and CEO of Procept BioRobotics. "Payors continue to rely on high quality clinical data when establishing coverage criteria for new treatments, Aquablation therapy is the only BPH surgical treatment with proven clinical outcomes, independent of the size or the shape of the prostate, and a reduced risk of sexual side effects. With this updated policy, Cigna joins Medicare and numerous private health plans that cover Aquablation therapy."
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GT | Hot Stocks07:11 EDT Goodyear Tire invests in autonomous trucking company Gatik - Goodyear announced a multi-year collaboration with a goal to advance the development of mobility solutions for the autonomous B2B short-haul logistics industry. The collaboration will contribute to safer, more sustainable goods movement while reducing costs for Gatik's customers in the B2B short-haul market nationwide. Under the collaboration, Goodyear's venture capital fund, Goodyear Ventures, participated in Gatik's recently announced Series B funding and the companies will work on multiple innovative projects. Gatik's medium-duty fleet will use tires equipped with tire intelligence technology powered by Goodyear SightLine, a suite of tire intelligence solutions, building upon Goodyear's existing connected tire management products in an effort to improve stopping distances in autonomous commercial vehicles and monitor tire pressure in real time for enhanced safety and reduced wear. As Gatik commercializes its operations at scale, the use of tire intelligence solutions is expected to help reduce fuel and maintenance costs while increasing operational efficiencies for retailers, e-commerce companies and distributors employing Gatik's autonomous solution.
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DDI | Hot Stocks07:11 EDT DoubleDown announces launch of Undead World: Hero Survival - DoubleDown Interactive announced the worldwide launch of its first-ever RPG, Undead World: Hero Survival, a zombie apocalypse game that features hero-collecting and idle gameplay. The game launched on September 27, 2021 and marks a departure from the social casino genre for the company.
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GT | Hot Stocks07:10 EDT Goodyear Tire, Gatik announce multi-year collaboration - Goodyear and Gatik announced a multi-year collaboration with a goal to advance the development of mobility solutions for the autonomous B2B short-haul logistics industry. "The collaboration will contribute to safer, more sustainable goods movement while reducing costs for Gatik's customers in the B2B short-haul market nationwide," the companies said. Under the collaboration, Goodyear's venture capital fund, Goodyear Ventures, participated in Gatik's recently announced Series B funding and the companies will work on multiple innovative projects. Gatik's medium-duty fleet will use tires equipped with tire intelligence technology powered by Goodyear SightLine, a suite of tire intelligence solutions, in an effort to improve stopping distances in autonomous commercial vehicles and monitor tire pressure in real time for enhanced safety and reduced wear. "By leveraging our advanced tire intelligence solutions, Goodyear can help improve vehicle performance and safety in autonomous transportation," said Chris Helsel, Goodyear's senior vice president, global operations and chief technology officer. "Together, Goodyear and Gatik will combine our innovative technologies to help bring more efficiency in the increasingly important middle mile segment."
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RAAS | Hot Stocks07:08 EDT Cloopen announces $40M share repurchase program - Cloopen Group announced that its board of directors has authorized a share repurchase program under which the company may repurchase up to $40M of its Class A ordinary shares in the form of American depositary shares during a twelve-month period commencing on September 28.
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VS | Hot Stocks07:07 EDT Versus Systems technology used by Los Angeles Rams - Versus Systems announced that the Los Angeles Rams introduced Loteria, a digital Bingo game powered by Versus, during their home game against the Tampa Bay Buccaneers at SoFi Stadium in Los Angeles on Sunday, September 26, 2021. The Rams first introduced the Loteria game to over 70,000+ fans in 2021. "Loteria encourages fans to activate a mobile experience and provides them an opportunity to follow Rams gameday action in real-time with gamification and digital prizing," the company said. "Versus Systems is proud to partner with the Los Angeles Rams for a second year, providing an interactive experience that creates engagement for Rams fans anywhere. The Rams play in a beautiful, new, state of the art facility, so it's only fitting that the engagement provided by their organization is also state of the art," said Matthew Pierce, Founder and CEO of Versus Systems.
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ALT | Hot Stocks07:07 EDT Altimmune announces results from 12-week Phase 1 trial of ALT-801 - Altimmune announced positive results from a 12-week, Phase 1 trial of pemvidutide, an investigational glucagon-like peptide-1/glucagon dual receptor agonist. The Phase 1 study was a first-in-human, randomized, placebo-controlled, single ascending dose and multiple ascending dose study in overweight and obese volunteers performed in Australia under a clinical trial application. Eligible participants included healthy, non-diabetic subjects with a minimum body mass index of 25 kg/m2. Thirty-four subjects in the MAD portion of the study were assigned to receive one of three subcutaneous doses of pemvidutide or placebo once weekly for 12 weeks without dose titration. Behavioral and caloric restrictive interventions were not employed. At 12 weeks, subjects receiving pemvidutide achieved mean weight losses of 4.9%, 10.3%, and 9.0% at the 1.2 mg, 1.8 mg, and 2.4 mg doses, respectively, with the placebo group experiencing a mean weight loss of 1.6%. Weight loss occurred rapidly and consistently over 12-weeks. Side effects were mild to moderate, with no serious or severe treatment-emergent adverse events. Importantly, no discontinuations due to adverse events were reported The 1.8 mg dose cohort experienced the highest weight loss, with 100% of subjects losing at least 5% of body weight and 55% of subjects losing at least 10% of their body weight. The amounts of weight loss at the 1.8 and 2.4 mg doses were essentially the same given the sample size and overlapping confidence intervals. No correlation was found between the magnitude of weight loss and either age or baseline BMI. Favorable trends were observed in secondary measures, including reductions in systolic and diastolic blood pressure, serum lipids, and HOMA-IR. In addition, a rise in ketone bodies was observed, consistent with the effects of glucagon on fat metabolism. Even without dose titration, the symptoms experienced by subjects who received pemvidutide 1.8 mg were predominantly mild, did not need treatment and were consistent with known effects of GLP-1 therapies. Further, tolerability decreased with higher dose levels. There were no hyperglycemia adverse events and no increases in the mean heart rate were observed at 6 and 12 weeks of therapy. One patient experienced elevated ALT levels that resolved rapidly after a pause in dosing. An Investigational New Drug application in non-alcoholic steatohepatitis has cleared the U.S. Food and Drug Administration review and will enable additional clinical studies beyond the current Phase 1 trial, including a 12-week trial to measure reduction in liver fat content in diabetic and non-diabetic subjects with non-alcoholic fatty liver disease, which is expected to commence in the near future. The Company has commenced a drug-drug interaction trial and also plans to conduct a trial of glucose control in patients with type 2 diabetes that is anticipated to start in the fourth quarter of this year. Altimmune also intends to begin a 52-week Phase 2 biopsy-driven NASH trial in H1 2022. The Company intends to file a second IND application in obesity in Q4 2021 with plans to initiate a 48-week, Phase 2 obesity trial in H1 2022.
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SNOA AMZN | Hot Stocks07:07 EDT Sonoma launches its 1st OTC products on Amazon - Sonoma Pharmaceuticals (SNOA) announced the over-the-counter consumer launch of Regenacyn Advanced Scar Gel and Ocucyn Eyelid & Eyelash Cleanser on Amazon.com, (AMZN) and MucoClyns on Amazon sites in Europe. All three products are based on Sonoma's patented Microcyn(R) technology and are immediately available for customer orders. Sonoma is pleased to offer its superior, safe and effective hypochlorous acid products directly to consumers. For years, Sonoma has offered its products as prescription or office dispense products available only from physicians. The OTC launch creates an additional line of Sonoma products marketed directly to consumers and provides a direct channel that makes its proven Microcyn technology widely available for all. Regenacyn Advanced Scar Gel is clinically proven to improve the overall appearance of scars while reducing pain, itch, redness and inflammation. Regenacyn Advanced Scar Gel protects and moisturizes wound and scar sites to promote lighter, flatter and less prominent scarring. Regenacyn Advanced Scar Gel is non-toxic, non-irritating and non-sensitizing.
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VFF | Hot Stocks07:07 EDT Village Farms enters option agreement to acquire 80% of Leli Holland - Village Farms announced it has entered into an option agreement whereby the company has received the irrevocable right to acquire an 80% ownership interest in Netherlands-based Leli Holland B.V. upon payment of EUR50,000. Leli is one of the ten applicants selected by lottery to receive a license to legally cultivate and distribute cannabis to retailers when the Dutch government implements its Experiment to Investigate Closed Cannabis Supply Chains. The Dutch Supply Chain Experiment, which is scheduled to operate for a minimum of four years with the potential for national expansions, is expected to be the first legal recreational cannabis market in Europe. The Option Agreement provides for Village Farms to acquire 80% of Leli's shares for a total of EUR3,950,000 million, of which EUR950,000 is due and payable to Leli's shareholders upon the exercise of the Option and the remainder due and payable in three installments subject to achievement of certain project development milestones. The option is exercisable at the sole discretion of Village Farms.
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EM | Hot Stocks07:04 EDT Smart Share Global announces $50M share repurchase program - Smart Share Global announced that its board of directors has authorized a share repurchase plan under which the Company may repurchase up to $50M of its shares over the next 12 months. The Company's proposed repurchases may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on the market conditions and in accordance with applicable rules and regulations. The timing and dollar amount of repurchase transactions will be subject to the Securities and Exchange Commission Rule 10b-18 and/or Rule 10b5-1 requirements. The Board will review the Share Repurchase Program periodically, and may authorize adjustment of its terms and size or suspend or discontinue the program. The Company expects to fund the repurchases under this program with its existing cash balance.
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TAC | Hot Stocks07:04 EDT TransAlta to suspend Sundance Unit 5 repowering project - Following an in-depth evaluation and assessment of the Sundance Unit 5 repowering project, the company has determined to suspend the project. This decision was made due to escalating costs, changing supply and demand dynamics and forecasted power prices in the Alberta market, as well as risks associated with the evolving regulatory environment. The company expects to redeploy the capital previously allocated to the Sundance Unit 5 repowering to renewable growth projects. In addition, the company has determined to retire Keephills Unit 1 effective December 31 and to retire Sundance Unit 4 effective April 1, 2022, and has provided notice to the Alberta Electric System Operator of its intention to retire such units. The retirement decisions were largely driven by TransAlta's assessment of future market conditions and the age and condition of the units.
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REGN | Hot Stocks07:04 EDT Regeneron: FDA accepts Libtayo for Priority Review for advanced cervical cancer - Regeneron Pharmaceuticals announced that the U.S. FDA has accepted for priority review the supplemental Biologics License Application for PD-1 inhibitor Libtayo to treat patients with recurrent or metastatic cervical cancer whose disease progressed on or after chemotherapy. The target action date for the FDA decision is January 30, 2022. The sBLA is also being reviewed under the FDA's Project Orbis initiative, which will allow for concurrent review by participating health authorities in Australia, Brazil, Canada and Switzerland. Additional global regulatory submissions are planned, including in the European Union by the end of 2021.
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XPO HEINY | Hot Stocks07:03 EDT XPO Logistics appoints Christine Robinne as head of technology for Europe - XPO Logistics (XPO) has announced the appointment of Christine Robinne to lead the company's technology organization and digital strategy in Europe. She will report to Luis Gomez, president - Europe, and to Mario Harik, XPO's chief information officer. Robinne joins XPO from Heineken International (HEINY), where she most recently led the digitalization of Heineken's operations in Europe as director of transformation and technology.
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TAC | Hot Stocks07:01 EDT TransAlta announces 11% dividend increase to 5c per share - The company announced that its board has approved an 11% increase on its common share dividend and declared a dividend of 5c per common share to be payable on January 1, 2022 to shareholders of record at the close of business on December 1. The quarterly dividend of 5c per common share represents an annualized dividend of 20c per common share.
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PEG | Hot Stocks06:55 EDT PSEG initiates long-term earnings growth rate forecast of 5%-7%
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PEG | Hot Stocks06:55 EDT PSEG raises indicative common stock dividend to $2.16 from $2.04 for FY22 - As part of its 2021 Investor Conference presentation, PSEG is also announcing a $500M share repurchase program to be implemented upon the close of the Fossil sale.
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VALE | Hot Stocks06:54 EDT Vale reports employees are returning to surface in Totten Mine - Vale informs that the return of employees to surface at the Company's Totten Mine in Sudbury, Ontario continues this morning following the successful ascent of several individuals overnight. On Sunday, 39 employees were unable to exit the mine due to damage in the shaft that houses the conveyance used to transport employees between surface and underground. While conditions in the shaft were evaluated, employees reported to underground refuge stations as part of the company's standard procedures. Sunday evening, employees started making their way to surface via a secondary egress ladderway system. Nineteen employees returned to surface early this morning and the remainder are on their way. The remaining employees are expected to be on surface later this morning. The employees that have returned to surface are in good health and eager to return home. The employees' exit is being supported by Vale's mine rescue team and Ontario Mine Rescue.
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GNPX... | Hot Stocks06:52 EDT Genprex names Berger, M.D. as Chief Medical Officer - Genprex (GNPX) announced that the company has strengthened its leadership team with the appointments of Mark Berger, M.D. to the newly-created position of Chief Medical Officer and Hemant Kumar, Ph.D., CPM, EMBA to the newly-created position of Chief Manufacturing and Technology Officer. Drs. Berger and Kumar will report to Rodney Varner, CEO of Genprex. Dr. Berger joins Genprex from Actinium Pharmaceuticals (ATNM) where since January 2017 he served as Chief Medical Officer. Dr. Kumar joins Genprex from Arcturus Therapeutics (ARCT).
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VLDR | Hot Stocks06:52 EDT Velodyne Lidar selected by HIMaC to improve traffic and energy efficiency - Velodyne Lidar announced its Intelligent Infrastructure Solution has been selected by the HORIBA Institute for Mobility and Connectivity, or HIMaC, in the University of California, Irvine, or UCI, Samueli School of Engineering. HIMaC plans to equip 25 intersections at UCI and the adjacent City of Irvine with Velodyne's lidar-based Intelligent Infrastructure Solution as part of a major study on improving traffic and energy efficiency, road safety and air quality. The Intelligent Infrastructure Solution deployment is supported by a $6M grant recently awarded to HIMaC by the Vehicle Technology Office of the U.S. Department of Energy, or DOE. HIMaC will create a Public Road Network Platform for the development, evaluation and deployment of emerging and future connected and autonomous vehicle, or CAV, technologies. The Intelligent Infrastructure Solution combines Velodyne's award-winning lidar sensors with powerful AI software to monitor traffic networks and public spaces.
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GOGO | Hot Stocks06:48 EDT Gogo raises FY25 compound annual revenue growth target to 15% from at least 10% - Sees FY25 adjusted EBITDA margin 45%. Sees FY25 free cash flow $200M. "Growth in private air travel continues to expand, fueling what we expect will be sustained growth in demand for inflight connectivity as customers seek to replicate their home and office connectivity in the air," said Oakleigh Thorne, chairman and CEO of Gogo. "That has driven record equipment sales at Gogo and is expected to generate growth in high-margin service revenue through our 2025 planning horizon."
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BLD | Hot Stocks06:47 EDT TopBuild to appoint Robert Kuhns as CFO after John Peterson's retirement - TopBuild announced that after a more than 42-year career in finance and over six years with TopBuild, John Peterson, will be retiring from his position as Vice President and CFO of the Company effective March 31, 2022. At that time, Robert Kuhns, Vice President and Corporate Controller, will assume the CFO position. Kuhns joined TopBuild in July 2018 as Vice President, Controller. Prior to joining TopBuild, he worked at Mohawk Industries for eleven years in a number of roles including Senior Director/Assistant Controller, Senior Director of International Finance and Division Controller. Prior to joining Mohawk, Rob was with NCH Corporation where he served as Director of International Treasury and as a Division Controller. He began his career in the accounting department of Ingersoll-Rand Company.
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PFE BNTX | Hot Stocks06:47 EDT Pfizer, BioNTech submit data to FDA from trial of COVID-19 vaccine in children - Pfizer (PFE) and BioNTech SE (BNTX) announced they have submitted data to the U.S. FDA from the Phase 2/3 trial of their COVID-19 vaccine in children 5 to less than12 years of age. These data have been shared with the FDA for the Agency's initial review. A formal submission to request Emergency Use Authorization of the companies' COVID-19 vaccine in children 5 to less than12 years of age is expected to follow in the coming weeks. Submissions to the European Medicines Agency and other regulatory authorities are also planned. Pfizer and BioNTech plan to submit data from the full Phase 3 trial for scientific peer-reviewed publication.
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AEM KL | Hot Stocks06:44 EDT Agnico Eagle, Kirkland Lake Gold to combine in merger of equals - Agnico Eagle (AEM) and Kirkland Lake Gold (KL) announced that they have entered into an agreement to combine in a merger of equals, with the combined company to continue under the name Agnico Eagle Mines. Upon closing of the Merger, the company is expected to have $2.3B of available liquidity, a mineral reserve base of 48M ounces of gold, which has doubled over the last 10 years, and a pipeline of development and exploration projects to drive sustainable, low-risk growth. Under the merger agreement, which the board of Directors of both companies have unanimously approved, the new Agnico Eagle will be led by a combined board and management team. The transaction is expected to close in December or in Q1 of 2022. After consultation with its outside financial and legal advisors, the board of Agnico Eagle has unanimously approved the merger agreement. The board of Agnico Eagle recommends that Agnico Eagle shareholders vote in favor of the merger. The merger will be effected by way of a plan of arrangement of Kirkland Lake Gold under the Business Corporations Act. At closing, all Kirkland Lake Gold common shares will be exchanged for the consideration, being 0.7935 of an Agnico Eagle common share, for each Kirkland Lake Gold common share held. The arrangement will require the approval of at least 66 2/3% of the votes cast by the shareholders of Kirkland Lake Gold voting at a special meeting of Kirkland Lake Gold's shareholders. The issuance of shares by Agnico Eagle under the merger is subject to the approval of a simple majority of votes cast by Agnico Eagle shareholders at a special meeting of Agnico Eagle's shareholders. The merger is also subject to closing conditions customary in transactions of this nature, including receipt of Competition Act and Foreign Acquisitions and Takeovers Act 1975 clearance, Ontario court approval and applicable stock exchange approvals. The merger agreement includes reciprocal non-solicitation provisions, a reciprocal $450M termination fee and a $20M expense reimbursement payable in certain circumstances. Officers and directors of Agnico Eagle have entered into support and voting agreements with Kirkland Lake Gold, agreeing to vote their shares in favor of the merger. Officers and directors of Kirkland Lake Gold have entered into support and voting agreements with Agnico Eagle, agreeing to vote their shares in favor of the merger. Agnico Eagle and Kirkland Lake Gold have agreed to use their commercially reasonable efforts to complete the merger on or before March 31, 2022. It is anticipated that both shareholder meetings will take place in Q4 and that closing will occur in December or in the first quarter of 2022 subject to satisfaction of the conditions under the merger agreement. Following completion of the merger, the shares of the new Agnico Eagle will continue to trade on the Toronto Stock Exchange and the New York Stock Exchange, subject to approval or acceptance of each exchange in respect of the Agnico Eagle shares being issued as part of the consideration. Kirkland Lake Gold's shares will be de-listed from the Toronto Stock Exchange, the New York Stock Exchange, and the Australian Securities Exchange following closing.
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ACHR | Hot Stocks06:44 EDT Archer co-CEOs Goldstein, Adcock buy 100K shares each - In regulatory filings, Archer Aviation disclosed that its co-CEOs Adam Goldstein and Brett Adcock bought 100K shares each on September 16th in respective transactions of $1M.
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GSK PFE | Hot Stocks06:41 EDT FDA grants Priority Review to ViiV Healthcare's NDA for cabotegravir long-acting - ViiV Healthcare, the global specialist HIV company majority owned by GlaxoSmithKline (GSK), with Pfizer (PFE) and Shionogi as shareholders, announced that the U.S. FDA has accepted and granted Priority Review for a New Drug Application for investigational, injectable cabotegravir long-acting for pre-exposure prophylaxis, or PrEP. The Priority Review designation of cabotegravir long-acting for PrEP builds upon its prior identification as a Breakthrough Therapy by the FDA. If approved, cabotegravir would be the first, long-acting therapy for the prevention of HIV for individuals at risk of sexually acquired HIV-1 infection, who have a negative HIV-1 test prior to initiation. The FDA has set a target approval date of 24 January 2022.
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LLY | Hot Stocks06:38 EDT Eli Lilly to lower list price of Insulin Lispro Injection by additional 40% - Eli Lilly will lower the list price of Insulin Lispro Injection in the U.S. by an additional 40% effective January 1, 2022, effectively bringing the list price down to 2008 levels. The new list price will apply to all Lilly's non-branded insulins, including Insulin Lispro Injection, a lower list-priced alternative to Humalog U-100. The new lower list price is the latest among numerous options that can reduce out-of-pocket costs for Lilly insulin at U.S. retail pharmacies. People using any Lilly insulin - including Insulin Lispro Injection - can fill their monthly prescription for $35 through the Lilly Insulin Value Program for people with commercial insurance or who are uninsured, and the Senior Savings Model for seniors in participating Medicare Part D plans. The new list price for Insulin Lispro Injection will be $82.41 for individual vials and $159.12 for a pack of five pens - which is 70% less than Lilly's branded Humalog U-100 counterparts and can help people who have not activated one of Lilly's affordability solutions.
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NAKD | Hot Stocks06:37 EDT Naked Brand Group chairman says found 'disruptive opportunity' in clean energy - In an update to shareholders released on Friday, Naked Brand Group chairman stated: "On August 20th at our Annual Meeting of Shareholders, I provided an update on the status of our plans to find a merger or acquisition partner following the divestiture of the bricks-and-mortar operations of Bendon that resulted in an expanded balance sheet with a net cash position of $270 million USD for Naked Brand Group. I am happy to report that after extensive searching and due diligence, we believe we have found a disruptive opportunity in the clean technology sector. Due diligence on both sides is progressing and we believe the business combination will reward our patient shareholders. During my career as an owner and operator of many diverse businesses, I have always been attracted to commercial opportunities that benefit our environment and help contribute to the growing ESG mandates that major corporations are implementing today across the globe. This company is a market leader with cutting edge patented proprietary technology that we believe satisfies those EGS mandates. We have made significant progress over the past few weeks and believe the path to a definitive agreement is in sight. However, there can be no assurance that we will sign a definitive agreement, or if we do sign an agreement, that we will be able to close the business combination." Shares of Naked Brand are up another 3.4% in pre-market trading at 86c per share after yesterday's 22% gain.
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ALE | Hot Stocks06:37 EDT Allete to sell portion of stake in NTEC to Basin Electric Power Coop for $20M - ALLETE announced it is selling a portion of its ownership stake in the planned Nemadji Trail Energy Center, or NTEC, to North Dakota-based Basin Electric Power Cooperative for approximately $20M. Basin Electric will become a 30% owner in the facility through its wholly owned subsidiary Nemadji River Generation. ALLETE will retain a 20% ownership stake in the NTEC project through its subsidiary South Shore Energy, with an expected total investment by ALLETE of approximately $140M. Dairyland Power Cooperative will remain a 50% owner of the planned facility. NTEC is a proposed combined-cycle, state-of-the-art natural gas power plant to be built in Superior, Wisconsin, and will be capable of delivering approximately 600 megawatts. The sale to Basin Electric does not change the size of the NTEC project or its anticipated economic impact as the single-largest private investment in Douglas County history.
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THO | Hot Stocks06:36 EDT Thor Industries says RVIA estimate of 577,200 wholesale shipments is reasonable - "While we expect these factors will continue to present challenges in fiscal 2022, our positive long-term outlook for the RV industry and THOR Industries remains unchanged. We believe the recent RVIA most-likely estimate of approximately 577,200 unit wholesale shipments in calendar 2021 and its forecast of a 4.0% increase in calendar 2022 wholesale shipments over calendar 2021 shipments are reasonable," said Martin.
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ASIX | Hot Stocks06:35 EDT AdvanSix initiating 12.5c per share quarterly dividend - The company announced that its Board of Directors declared a quarterly cash dividend of 12.5c per share on the company's common stock, payable on November 23 to stockholders of record as of the close of business on November 9.
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AEM KL | Hot Stocks06:33 EDT Agnico Eagle, Kirkland Lake Gold announce merger of equals - Agnico Eagle Mines (AEM) and Kirkland Lake Gold (KL) announced that they have entered into an agreement to combine in a merger of equals, with the combined company to continue under the name "Agnico Eagle Mines Limited". The Merger will establish the new Agnico Eagle as the gold industry's highest-quality senior producer, with the lowest unit costs, highest margins, most favourable risk profile and industry-leading best practices in key areas of environmental, social and governance. Upon closing of the Merger, the company is expected to have $2.3B of available liquidity, a mineral reserve base of 48M ounces of gold, which has doubled over the last 10 years, and an extensive pipeline of development and exploration projects to drive sustainable, low-risk growth. Under the Merger Agreement, which the Board of Directors of both companies have unanimously approved, the new Agnico Eagle will be led by a combined board and management team of experienced mining and business leaders, bringing together the proven cultures, strengths and capabilities of both companies. The transaction is expected to close in December 2021 or in the first quarter of 2022. Pursuant to the Merger Agreement, Kirkland Lake Gold shareholders will receive 0.7935 of an Agnico Eagle common share for each Kirkland Lake Gold common share held. The Consideration to Kirkland Lake Gold represents approximately a 1% premium to the 10-day volume weighted average prices on the Toronto Stock Exchange, as at close of trading Friday September 24, 2021 and implies a combined market capitalization of approximately $24B. Upon closing, existing Agnico Eagle and Kirkland Lake Gold shareholders will own approximately 54% and 46% of the combined company, respectively.
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BW | Hot Stocks06:33 EDT Babcock & Wilcox to acquire VODA - Babcock & Wilcox Enterprises announced that it has signed a definitive agreement to acquire VODA, a leading multi-brand aftermarket parts and service provider for the waste-to-energy and biomass-to-energy markets based in Vejen, Denmark. The transaction is targeted to close at the end of October, following the satisfaction of customary closing conditions, including regulatory review in Denmark. B&W will form B&W Renewable Service to integrate the VODA and B&W Volund aftermarket services businesses. B&W Renewable Service will be led by VODA's CEO, Christopher Nysted Sorensen.
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AEM KL | Hot Stocks06:31 EDT Agnico Eagle, Kirkland Lake Gold announce merger of equals
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SNY | Hot Stocks06:25 EDT Sanofi: 30M doses of authorized vaccines released so far - Sanofi said in a statement that it is keeping its commitment to making a strong contribution to current global public health priorities, with the supply of half a billion doses of authorized vaccines. Manufacturing teams on three industrial sites of the company in France, Germany and the U.S. are mobilized, with 30 million doses released so far.
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SNY GSK | Hot Stocks06:24 EDT Sanofi sees first results from booster studies by end of Q4 - Sanofi (SNY) said in a statement that it continues its efforts in the fight against the COVID-19 pandemic with its adjuvanted recombinant protein candidate vaccine, developed in partnership with GSK (GSK). In parallel to its ongoing Phase 3 efficacy and safety study, Sanofi has expanded its development program to include a study of the vaccine as a potentially broadly protective booster to address evolving public health needs. Recently published preclinical data indicated the candidate has the potential to strongly boost immune responses following primary vaccination across multiple vaccine technology platforms and against a broad spectrum of variants of concern, Sanofi said. The booster studies began this summer in the U.S., Australia, France, and the UK. First results are expected by the end of Q4 2021.
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SNY | Hot Stocks06:23 EDT Sanofi announces 'positive' results for first mRNA-based vaccine candidate - Interim results from a Phase 1/2 study of Sanofi's mRNA-based COVID-19 vaccine candidate confirm the potential of recently-acquired Translate Bio's messenger RNA and lipid nanoparticle platform and support Sanofi's mRNA strategy, Sanofi said in a statement. The initial data from Phase 1/2 showed neutralizing antibody seroconversion in 91% to 100% of study participants, two weeks after a second injection, across all 3 dosages tested. No safety concern has been observed and the tolerability profile is comparable to that of other unmodified mRNA COVID-19 vaccines. Further data from this first study of Sanofi's mRNA platform will be presented at a later date. "We are happy to see those positive initial results. We have made an impressive move just 9 months after the worldwide proof of concept of mRNA vaccines and only 17 since we started this first mRNA vaccine project", says Jean-Francois Toussaint, Global Head of Research and Development, Sanofi Pasteur. "These results will clearly help inform the path forward for our mRNA development programs. Today, we have a promising mRNA platform, which we're taking to the next level in development, including moving to modified mRNA, and against other diseases, including flu." Targeting 2022 initiation of its clinical studies for an influenza vaccine with modified mRNA, Sanofi launched a Phase 1 clinical trial in June 2021 evaluating an mRNA-based investigational vaccine against seasonal influenza. The trial will evaluate the safety and immunogenicity of a monovalent flu vaccine candidate coding for the hemagglutinin protein of the A/H3N2 strain of the influenza virus across two formulations with different lipid nanoparticles.
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GSK PFE | Hot Stocks06:19 EDT ViiV Healthcare announces exclusive license agreement with Shionogi for S-36559 - ViiV Healthcare, the global specialist HIV company majority owned by GlaxoSmithKline (GSK), with Pfizer (PFE) and Shionogi as shareholders, announced an exclusive collaboration and license agreement with Shionogi & Co. Ltd. for S-365598, a third-generation investigational integrase strand transfer inhibitor with potential for use in ultra long-acting HIV regimens. Under the terms of the agreement, ViiV Healthcare will make an upfront payment of GBP20M to Shionogi, a GBP15M payment for the achievement of a clinical development milestone and royalties on net sales. The royalty levels are aligned with those in Shionogi's existing integrase inhibitor agreements with ViiV Healthcare. Shionogi will contribute to development costs up to an annual maximum.
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AZN | Hot Stocks06:18 EDT AstraZeneca's Saphnelo approved in Japan for treatment of SLE - AstraZeneca's Saphnelo, or anifrolumab, has been approved in Japan for the treatment of adult patients with systemic lupus erythematosus, or SLE, who show insufficient response to currently available treatment. The approval by the Japanese Ministry of Health, Labour and Welfare was based on efficacy and safety data from the Saphnelo clinical development programme, including the TULIP Phase III trials and the MUSE Phase II trial. In these trials, more patients treated with Saphnelo experienced a reduction in overall disease activity across organ systems, including skin and joints, and achieved sustained reduction in oral corticosteroid use compared to placebo, with both groups receiving standard therapy. Reference Link
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ORA | Hot Stocks06:04 EDT Ormat Technologies, PT Archi to establish joint venture - Ormat Technologies and PT Archi Indonesia, one of the largest pure-play gold mining companies in Indonesia and Southeast Asia, announced the signing of an agreement to establish a Joint Venture company, PT Toka Tindung Geothermal. This JV company is designed to explore the potential of geothermal energy prospects in the Bitung area of North Sulawesi region, especially within the Toka Tindung gold mine concession area. This is also in line with the Government's target to expand electricity generation from renewable energy sources. The shareholding composition of TTG, subject to completion of certain conditions, which fall under a Power Purchase Agreement, are 75% shareholding interest will be entitled to Ormat, while the rest of 25% shareholding interest will be owned by Archi. TTG aims to develop a geothermal power project within the Toka Tindung mining concessions on an exclusive basis. Ormat will execute the exploration drilling program at the Klabat Wineru prospect in the North Sulawesi province and ultimately the field development drilling program, design, engineering, procurement, financing, construction, testing, commissioning, ownership, management, operation and maintenance of the Geothermal Facilities.
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ATC MKSI | Hot Stocks06:03 EDT Atotech and MKS Instruments enter into a definitive acquisition agreement - On July 1 the board of directors of Atotech (ATC) and the board of directors of MKS Instruments (MKSI) announced that they had entered into a definitive agreement pursuant to which MKS would acquire the entire issued and to be issued share capital of Atotech. The Acquisition is to be effected by means of a scheme of arrangement under Article 125 of the Companies Law 1991. To become effective, the Scheme will require, amongst other things, the approval of Scheme Shareholders at the Court Meeting, the passing of the Resolutions at the General Meeting and the subsequent sanction of the Court. The Scheme is also subject to the satisfaction or waiver of the Conditions and further terms that are set out in the Scheme Document.
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INFO | Hot Stocks06:01 EDT IHS Markit reports Q3 cash flow from operations of $421M, free cash flow $344M
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FDX | Hot Stocks05:52 EDT FedEx Logistics opens office in South Korea - FedEx Logistics, a subsidiary of FedEx and provider of specialty solutions that support FedEx services and facilitate global trade, announced the opening of an office in Seoul, South Korea, in the latest expansion of its worldwide network. The new FedEx Logistics Korean organization will provide one-source, end-to-end logistics solutions, including international air and ocean cargo services, customs brokerage arrangements, and trade solutions, as well as a range of value-added services.
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LBRT | Hot Stocks05:48 EDT Liberty Oilfield Services achieves 24 hours of continuous pumping time - Liberty Oilfield Services announced that its team has collectively achieved the milestone of 24-hours of continuous plug and perf pumping time for Kaiser-Francis Oil Company in the Permian Basin. By delivering a full 1,440 minutes of pumping time with zero non-productive time, Liberty crews were able to attain the goal of Liberty's Operation 1440.
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BPRMF | Hot Stocks05:46 EDT Blue Prism acquired by Vista for 1,125 pence per share in cash - The boards of Blue Prism and Vista Funds announced that they have reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of Blue Prism by Visa. Under the terms of the Acquisition, each Blue Prism Shareholder shall be entitled to receive: for each Blue Prism Share 1,125 pence in cash. The Acquisition values the entire issued and to be issued ordinary share capital of Blue Prism at approximately GBP 1.095B on a fully diluted basis.
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ESALY | Hot Stocks05:41 EDT Eisai initiates rolling submission to FDA of lecanemab BLA - BioArctic partner Eisai announced that they have initiated a rolling submission to the FDA of a biologics license application, or BLA, for lecanemab, an investigational anti-amyloid beta protofibril antibody, for the treatment of early Alzheimer's disease. The BLA is being submitted under the accelerated approval pathway and is primarily based on clinical, biomarker and safety data from the Phase 2b clinical trial in people with early Alzheimer's disease and confirmed amyloid pathology. The lecanemab Phase 2b trial results demonstrated a high degree of Ass plaque lowering and consistent reduction of clinical decline across several clinical endpoints. The correlation between the extent of Ass plaque reduction and effect on clinical endpoints in the Phase 2b study further supports Ass as a surrogate endpoint that is reasonably likely to predict clinical benefit. Eisai is utilizing the accelerated approval pathway after discussions with the FDA and aims to bring a new potential treatment option to people living with early AD, their families and healthcare professionals.
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MDT | Hot Stocks05:38 EDT Medtronic receives CE Mark approval for radial artery access portfolio - Medtronic announced it has received CE Mark approval for its radial artery access portfolio, which includes the Rist 079 Radial Access Guide Catheter and Rist Radial Access Selective Catheter.
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HUN | Hot Stocks05:37 EDT Huntsman, KPX chemical establish polyurethane system solutions joint venture - KPX Chemical and Huntsman announced the establishment of a joint venture named KPX Huntsman Polyurethanes Automotive, or KHPUA. The joint venture will create and provide polyurethane system solutions to Korean automakers from a specialty polyurethanes manufacturing facility at KPX Chemical's Ulsan plant. Operations are expected to commence by the end of October. The Korean automotive industry is undergoing changes and presents new opportunities for polyurethane system solutions.
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MT | Hot Stocks05:33 EDT ArcelorMittal signs LOI for EUR 1.1B DRI plant project at Gent site - ArcelorMittal announced that it has signed a letter of intent with the Governments of Belgium and Flanders, supporting a EUR 1.1B project to build a 2.5M-ton direct reduced iron, or DRI, plant at its site in Gent, as well as two new electric furnaces. A DRI plant uses natural gas, and potentially hydrogen, instead of coal to reduce iron ore, resulting in a large reduction in CO2 emissions compared with blast furnace ironmaking. The two electric furnaces will melt the DRI and scrap steel, which will then be transformed in the steel shop into steel slabs and then further processed into finished products. Once the DRI and electric furnaces are built, there will be a transition period during which production will move gradually from blast furnace A, to the DRI and electric furnaces, after which blast furnace A will be closed as it reaches the end of its life. By 2030, this will result in a reduction of around three million tons of CO2 emissions each year. The support of both the national and the Flanders governments in this project is crucial given the significant cost associated with the transition to carbon-neutral steelmaking.
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