Stockwinners Market Radar for October 01, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

FIVN ZM

Hot Stocks

18:38 EDT Five9 CEO: We parted ways amicably with Zoom Video - In an interview on CNBC's Mad Money, Rowan Trollope said Zoom (ZM) has been a friend and a great partner and the two companies will continue to work together. "We were never selling our company. Our focus has been on execution since day one," he noted. Five9 (FIVN) has added a record number of new employees since the potential merger was announced, Trollope noted.
KDP

Hot Stocks

18:27 EDT Keurig Dr Pepper CEO: Our business continues to be strong - In an interview on CNBC's Mad Money, Bob Gamgort said he sees no signs of the Keurig business slowing down. Every year the machines get better, he noted. He expects to add 2M households this year. KDP continues to add new brands and gain market share, Gamgort added. More than 10% of the company's total sales come from e-commerce and that is expanding every year, he said.
DOC

Hot Stocks

17:57 EDT Physicians Realty Trust acquires medical office buildings for $764M - Physicians Realty Trust announced that the company, through its operating partnership, Physicians Realty L.P., a Delaware limited partnership, has executed a Master Transaction Agreement for the acquisition of 15 Class-A medical office buildings located in eight states, comprising approximately 1,460,000 square feet, for an aggregate purchase price of approximately $764.3M. The portfolio is approximately 95% leased with a weighted average remaining lease term of approximately 7.4 years. Each of the 15 buildings are either located on a health system campus or are affiliated with a health system, and approximately 74% of aggregate leased space is attributable to investment grade health systems or their subsidiaries. Upon closing, the first year unlevered cash yield of the portfolio is expected to be 4.9%. The Company expects that the transaction will be completed in the fourth quarter of 2021.
DCOM

Hot Stocks

17:48 EDT Dime Community appoints Christopher Porzelt Chief Risk Officer - Dime Community Bancshares announced that Christopher Porzelt has been appointed as executive VP and Chief Risk Officer of the company and Dime Community Bank, the wholly owned subsidiary of the company, having served as EVP and interim Chief Risk Officer since June 2021.
GILD

Hot Stocks

17:48 EDT Gilead's Kite announces FDA approval of Tecartus for treatment of ALL - Kite, a Gilead Company, announced the U.S. FDA has granted approval for Tecartus for the treatment of adult patients with relapsed or refractory B-cell precursor acute lymphoblastic leukemia. Following FDA Breakthrough Therapy Designation and a priority review, Tecartus is the first and only chimeric antigen receptorT-cell therapy approved for adults with ALL. There is a high unmet need, as half of this patient population will relapse, and median overall survival is only approximately eight months with current standard-of-care treatments. Patients can access Tecartus through 109 authorized treatment centers across the U.S.
JSPR AMGN

Hot Stocks

17:43 EDT Amgen discloses 7.4% passive stake in Jasper Therapeutics - Amgen disclosed a 7.4% stake in Jasper Therapeutics, which represents 2.7M shares. The filing does not allow for activism.
DRQ

Hot Stocks

17:32 EDT Dril-Quip announces resignation of CFO Raj Kumar - Dril-Quip announced that Raj Kumar, Vice President and CFO, has resigned his position with Dril-Quip effective November 1 to take another opportunity and will assist in a smooth transition of his duties. The company has engaged an executive search firm to conduct a search for its next CFO.
GE

Hot Stocks

17:14 EDT General Electric Aviation awarded $131.6M U.S. Navy contract - General Electric Aviation is awarded a not-to-exceed $131,600,000 firm-fixed-price, indefinite delivery, performance-based logistics requirements contract for the repair, upgrade or replacement; inventory management; and required supply response times of two T-700 engine components in support of the Navy's H-60 Seahawk and the Marine Corp's AH-1 Cobra helicopters. The contract will include a five-year base period with no options.
OSUR

Hot Stocks

17:12 EDT OraSure awarded $109M contract by U.S. Air Force - OraSure was awarded a $109,000,000 firm-fixed-price contract for the increased domestic manufacturing capability of rapid antigen self-tests for home care testing. This contract provides for the retrofit of a production facility and a new additional facility with machinery to increase domestic COVID-19 rapid test production capacity.
LMT

Hot Stocks

17:12 EDT Lockheed Martin awarded $445.5M U.S. Navy contract modification - Lockheed Martin Space is awarded a $445,488,793 fixed-price incentive, cost-plus-incentive-fee, and cost-plus-fixed-fee modification to a previously awarded and announced unpriced letter contract for Trident II missile production and deployed systems support.
BBIO

Hot Stocks

17:06 EDT BridgeBio announces phase 2b trial update in ADH1 patients - BridgeBio "announced updated results from its ongoing Phase 2b proof-of-concept, open-label study of encaleret for the treatment of Autosomal Dominant Hypocalcemia Type 1, or ADH1. Within five days of individualized dose titration in 13 participants, encaleret normalized mean blood calcium levels and 24 hour urine calcium excretion. The results are featured in an oral presentation titled 'The Effects of Encaleret on Mineral Physiology in Autosomal Dominant Hypocalcemia Type 1 Demonstrate Proof-of-Concept: Early Results from an Ongoing Phase 2B, Open-Label, Dose-Ranging Study' at the American Society for Bone and Mineral Research 2021 Annual Meeting, taking place in San Diego, California on October 1 - 4, 2021. In this update from the ongoing Phase 2b open-label, dose-ranging study, 13 adults with ADH1 with nine distinct CASR variants were administered encaleret. Calcitriol and extra-dietary calcium supplementation beyond the recommended daily intake were discontinued during the study. Through the inpatient observation periods of defined dose escalation and individualized dose titration, encaleret was well-tolerated with no serious adverse events, no adverse events of severe intensity, or treatment discontinuation due to adverse events reported. Across 13 trial participants, encaleret normalized mean blood calcium levels and 24-hour urine calcium excretion during Periods 1 and 2. Parathyroid hormone levels increased in all participants and mean blood phosphate decreased into the normal range during Periods 1 and 2. The tolerability and consistent mineral responses following encaleret administration demonstrate that encaleret may become an efficacious therapy option for patients with ADH1. BridgeBio plans to engage with regulatory health authorities to discuss the design of a Phase 3 registrational study in patients with ADH1. If the development program is successful, encaleret could be the first approved therapy indicated specifically for the treatment of ADH1."
TEUM

Hot Stocks

17:01 EDT Pareteum announces review of strategic alternatives - Pareteum announced that due to ongoing liquidity requirements it intends to evaluate a range of strategic alternatives. These strategic alternatives include, but are not limited to, a sale or other business combinations, financing, and/or restructuring transactions.
SYBX

Hot Stocks

16:41 EDT RA Capital reports 9.9% passive stake in Synlogic - RA Capital disclosed a 9.9% stake in Synlogic, which represents over 6.66M shares. The filing does not allow for activism.
NUE

Hot Stocks

16:38 EDT Nucor's DJJ announces TWO acquisitions, boosting recycling capacity by 10% - The company states: "Nucor announced two acquisitions today on behalf of The David J. Joseph Company. The addition of these new recycling locations, representing a 10% growth in capacity, is consistent with Nucor's growth strategy and demonstrates our commitment to expanding the regional recycling platforms supporting our steel mills. On September 30, Advantage Metals Recycling completed the purchase of Grossman Iron and Steel located in St. Louis, Missouri. This acquisition brings AMR's total number of recycling facilities to twelve. Trademark Metals Recycling LLC has agreed to purchase the assets of Garden Street Iron & Metal Inc. located in Fort Myers, Florida. This transaction will close on October 4, subject to normal closing conditions. This acquisition brings TMR's total number of recycling facilities to twenty-six."
RARE MREO

Hot Stocks

16:35 EDT Mereo BioPharma, Ultragenyx present phase 2b ASTEROID study data in OI treatment - The companies state: "Ultragenyx (RARE) and Mereo BioPharma (MREO) presented secondary endpoint data on UX143 from the Phase 2b ASTEROID study for the Treatment of Osteogenesis Imperfecta. Data were presented at the American Society for Bone and Mineral Research 2021 Annual Meeting in an oral presentation by Suzanne Jan de Beur, M.D., an associate professor of medicine at The Johns Hopkins University School of Medicine and president of ASBMR. Previously reported analyses of pre-specified endpoints in the Phase 2b ASTEROID study demonstrated a clear, dose-dependent, statistically significant bone-building effect at multiple anatomical sites in adult patients with OI that was consistent across all subtypes of OI studied, including Types I, III and IV. This effect was determined by evaluating areal bone mineral density over baseline at the lumbar spine, as measured by DXA and reaching 8.97% at 12 months in the highest dose cohort. The data also show a statistically significant and consistent improvement in bone strength over baseline at the wrist and tibia measured by Finite Element Analysis in both medium and high dose cohorts . There was also a statistically significant improvement in bone strength at the wrist at the highest dose. New data presented today at ASBMR demonstrate that treatment with UX143 resulted in dose-dependent increase in P1NP serum levels, a marker of bone formation, and decrease in CTx serum levels, a marker of bone resorption, confirming the mechanism of action of sclerostin inhibition. These changes peaked at month one and declined thereafter, an expected effect based on data from prior clinical studies of sclerostin antibodies tested in osteoporosis. Observed improvements in BMD were continuous, with comparable gains achieved in the first and second 6 months of treatment in the high dose group despite temporal changes in biomarkers."
AFYA

Hot Stocks

16:32 EDT Afya acquires RX PRO for R$35.4M - Afya announced the acquisition of 100% of the total share capital of RX PRO, a solution that connects physicians with the pharmaceutical industry, providing specialized and personalized marketing for those companies, in a more convenient way for physicians. RX PRO does this by delivering free samples to a community of pre-selected physicians and offering medical updates regarding pharmaceutical products and treatments in a fast and efficient way for doctors. The company has an expected gross revenue for 2021 of R$8.9M. The aggregate purchase price paid to sellers was R$35.4M, of which 85% was paid in cash and 15% is paid in Afya Stocks. An earn-out of up to R$21M can be paid related to gross revenue achievements for 2022, 2023 and 2024.
LGL

Hot Stocks

16:31 EDT LGL Group approves spin-off of MTronPTI subsidiary - The LGL Group announced that its board has approved a spin-off of the MTronPTI subsidiary. The company had previously announced its exploration of this potential spin-off transaction and will now proceed with the spin-off, which will be submitted to a shareholder vote for approval.
BANC PMBC

Hot Stocks

16:22 EDT Banc of California, Pacific Mercantile Bancorp approved for merger - Banc of California (BANC) and Pacific Mercantile Bancorp (PMBC) announced that all required regulatory approvals for the mergers of Pacific Mercantile into the company and Pacific Mercantile Bank into Banc of California, N.A. have been received. Subject to the satisfaction of the remaining closing conditions, the transaction is scheduled to close on or about October 18.
DHT

Hot Stocks

16:21 EDT DHT Holdings buys back 1.23M of its shares - DHT Holdings announced that the company has purchased 1.23M of its own shares - equivalent to 0.7% of its outstanding shares - at an average price of $5.466 in the period from August 12 to August 23. The shares have been retired upon receipt.
CCK

Hot Stocks

16:17 EDT Crown Holdings announces intention to settle U.K. pension plan obligations - Crown Holdings announced that the Trustees of its U.K. defined benefit pension plan have entered into a transaction with Pension Insurance Corporation to fully insure all of its U.K. pension liabilities. The transaction provides a policy which covers the benefits for approximately 10,300 retirees and 2,200 deferred members. PIC is a specialist U.K. insurance company providing tailored pension insurance buyouts and buy-ins for U.K. defined benefit pension funds. The intention and expectation is that the transaction will be followed by completion of administrative processes during October, which will result in the irrevocable transfer of the plan's obligations to PIC in November 2021. Upon completion of the transfer, the company will eliminate its cash flow and earnings risk associated with over $2.5B in both U.K. pension plan assets and liabilities. The company expects to record a charge of approximately $1.3B ($1.1B after tax) in the fourth quarter of 2021 in connection with the November plan settlement. The charge is non-cash with the exception of a contribution to the plan of approximately $90M to facilitate the transaction.
KRT

Hot Stocks

16:11 EDT Karat Packaging CFO Ann Sabahat resigns for personal reasons - Karat Packaging announced that Ann Sabahat, CFO, has resigned for personal reasons, effective October 8, 2021. On October 1, 2021, Karat's board of directors appointed Peter Lee to serve as its interim CFO, effective October 8, 2021, until a successor is named. The company has initiated a search for a new CFO. Mr. Lee, a Certified Public Accountant and founder and managing partner of PJ LLP, previously served as Karat Packaging's interim chief financial officer from October 2018 to October 2019, and his firm has remained an advisor to Karat throughout the IPO process to present.
CTIC

Hot Stocks

16:08 EDT CTI BioPharma PRE-VENT pacritinib trial does not meet primary endpoint - CTI BioPharma announced topline results from the PRE-VENT trial of pacritinib in hospitalized patients with severe COVID-19. PRE-VENT, a randomized, double-blind, placebo-controlled multicenter study, compared pacritinib/standard of care versus placebo/standard of care in hospitalized patients with severe COVID-19, including patients with and without cancer. The primary endpoint of the trial was the proportion of patients who progressed to invasive mechanical ventilation and/or extracorporeal membrane oxygenation or died by Day 28. The study was recently amended to a Phase 2 design due to the availability of COVID-19 vaccines and an evolving COVID-19 environment. The final PRE-VENT analysis was conducted following the randomization of 200 patients. In patients with severe COVID-19 treated with pacritinib/standard of care, compared to placebo/standard of care, a statistically significant improvement in the primary endpoint of progression to invasive mechanical ventilation and/or extracorporeal membrane oxygenation or death by Day 28 was not demonstrated
PRTA

Hot Stocks

16:06 EDT Prothena names Brandon Smith as COO - Prothena announced that CFO Tran Nguyen has been appointed to the additional and newly created role of Chief Strategy Officer. Brandon Smith will take over as COO.
KCAC WBX

Hot Stocks

16:04 EDT Kensington Capital Acquisition, Wallbox close business combination - Kensington Capital Acquisition Corp. II (KCAC) and Wall Box Chargers announced the completion of its business combination. The business combination was approved by Kensington stockholders on September 30 by a quorum of 76.5% of the outstanding shareholders and received approval from 94.9% of those votes cast. Beginning on October 4, the Class A ordinary shares of Wallbox N.V., a newly formed holding company, will trade on the NYSE under the ticker symbol "WBX" and its warrants will trade on the NYSE under the ticker symbol "WBX.WS".
ADVM

Hot Stocks

16:03 EDT Adverum Biotechnologies' OPTIC data shows sustained durability of ADVM-022 - Adverum Biotechnologies "announced new long-term data from the OPTIC clinical trial of ADVM-022 single, in-office intravitreal injection gene therapy in patients requiring frequent anti-VEGF injections for their neovascular or wet age-related macular degeneration. Safety and efficacy data from patients followed through 2 years post injection are being presented at the Retina Society's 54th Annual Scientific Meeting in Chicago, Illinois" . CEO Laurent Fischer says: "We have now followed all wet AMD patients in the OPTIC trial for a minimum of a year, and in some cases beyond two years, after treatment with a single in-office intravitreal injection of ADVM-022. We are very pleased to report that both the promising safety profile and durability of treatment effect continue to be maintained in this patient population,. We are excited to see that ADVM-022 has the potential to extend the treatment benefit from weeks to years."
OZK

Hot Stocks

16:02 EDT Bank OZK increases quarterly dividend 1.75% - Bank OZK announced its board has approved a regular quarterly cash dividend of 29c per common share payable October 22 to shareholders of record as of October 15. The dividend represents an increase of 5c per common share, or 1.75%, over the dividend paid in the previous quarter.
PSMT

Hot Stocks

16:01 EDT PriceSmart sells Aeropost package forwarding and marketplace businesses - PriceSmart announced the sale of the legacy cross border casillero and online marketplace businesses operated by its Aeropost subsidiary to Click to Collect Company Ltd., a company based in Nassau, Bahamas. Terms of the transaction were not disclosed.
RGNX

Hot Stocks

15:52 EDT Regenxbio announces Suprachoroidal delivery of RGX-314 well tolerated - The company states: "REGENXBIO announced initial data from the ongoing Phase II AAVIATE trial of RGX-314 for the treatment of wet age-related macular degeneration using in-office suprachoroidal delivery. The data is being presented at the Retina Society 54th Annual Scientific Meeting by Nikolas London, M.D., M.S., F.A.C.S., Partner and Director of Research, Retina Consultants of San Diego, Chief of Ophthalmology, Scripps Memorial Hospital. RGX-314 is a potential best-in-class, one-time gene therapy for the treatment of wet AMD. AAVIATE is a multi-center, open-label, randomized, active-controlled, dose-escalation trial that will evaluate the efficacy, safety and tolerability of suprachoroidal delivery of RGX-314 using the SCS Microinjector. Twenty patients in Cohort 1 were randomized to receive RGX-314 at a dose level of 2.5x1011 genomic copies per eye ( versus monthly 0.5 mg ranibizumab intravitreal injection at a 3:1 ratio. Twenty patients in Cohort 2 were randomized to receive RGX-314 at an increased dose level of 5x1011 GC/eye versus monthly 0.5 mg ranibizumab intravitreal injection at a 3:1 ratio. Cohort 3 is designed to evaluate RGX-314 at the same dose level as Cohort 2 in 20 patients who are neutralizing antibody positive. Patients in all three cohorts did not receive prophylactic immune suppressive corticosteroid therapy before or after administration of RGX-314. Enrollment is complete across these three cohorts. As of September 13, 2021, RGX-314 was reported to be well tolerated across 50 patients dosed in Cohorts 1-3. Four serious adverse events were reported in four patients, all of which were considered not related to RGX-314. Fourteen patients dosed with RGX-314 in Cohort 1 demonstrated stable visual acuity at six months with a mean Best Corrected Visual Acuity change of -2.8 letters when measured from Day 1 and -0.6 letters when measured from Week 1. These patients also demonstrated stable central retinal thickness, with a mean change of -2.5 microm at six months from Day 1. Five patients receiving monthly injections of ranibizumab had a mean BCVA change at six months of +6.8 letters when measured from Day 1 and +3.0 letters when measured from Week 1. Patients receiving monthly injections of ranibizumab also demonstrated stable CRT, with a mean change of -22.2 microm at six months from Day 1. EGENXBIO announced today that the AAVIATE study has expanded, and two additional cohorts will be enrolled to evaluate RGX-314 at a third dose level of 1x1012 GC/eye. Cohort 4 will enroll 15 patients who will be dosed with RGX-314 and Cohort 5 will evaluate the same dose level of RGX-314 in 20 patients who are NAb positive. As in previous cohorts, patients will not receive prophylactic immune suppressive corticosteroid therapy before or after administration of RGX-314."
DE

Hot Stocks

15:19 EDT Deere, UAW reach tentative labor agreement - Deere & Company and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America have reached a tentative agreement on a new six-year labor agreement covering approximately 10,100 production and maintenance employees at 12 facilities in Iowa, Illinois, and Kansas. Deere and the UAW have also reached a tentative agreement on a new six-year labor agreement covering nearly 100 production and maintenance employees at Deere parts facilities in Denver and Atlanta. Deere production and maintenance employees will have time to review the terms of the tentative agreement before a ratification vote. All Deere operations will continue as scheduled.
PTVE

Hot Stocks

15:16 EDT Pactiv Evergreen completes acquisition of Fabri-Kal - Pactiv Evergreen announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc., has completed its acquisition of Fabri-Kal, a manufacturer of foodservice and consumer brand packaging solutions. "Approximately half of Fabri-Kal's sales are generated from fully compostable packaging products or fully recyclable packaging products," the company noted. "We are thrilled to welcome the Fabri-Kal team to Pactiv Evergreen. Fabri-Kal further expands and strengthens our position in the foodservice and consumer packaged goods businesses. Their four manufacturing facilities and distribution capabilities will complement and enhance Pactiv Evergreen's existing position in the market place. This is a transformational time for our company as we build our foundation for future growth and deliver increased value for our employees, customers and shareholders," said Michael King, Pactiv Evergreen CEO.
PFE

Hot Stocks

14:24 EDT FDA to hold advisory committee meeting on Pfizer vaccine use in younger children - The U.S. Food and Drug Administration is announcing two upcoming meetings of its Vaccines and Related Biological Products Advisory Committee, or VRBPAC, to discuss newly available data for the currently available COVID-19 vaccines. The FDA said it anticipates receiving a request from Pfizer to amend its emergency use authorization to allow the use of its COVID-19 vaccine in children 5 through 11 years of age. In anticipation of the request, the FDA is moving forward with scheduling an advisory committee meeting on Oct. 26 to inform the agency's decision-making. The FDA intends to make background materials for both VRBPAC meetings available to the public, including the meeting agendas and committee rosters, no later than two business days before each meeting. "We know from our vast experience with other pediatric vaccines that children are not small adults, and we will conduct a comprehensive evaluation of clinical trial data submitted in support of the safety and effectiveness of the vaccine used in a younger pediatric population, which may need a different dosage or formulation from that used in an older pediatric population or adults," said Acting FDA Commissioner Janet Woodcock, M.D. Reference Link
JNJ MRNA

Hot Stocks

14:23 EDT FDA to hold advisory committee meeting on J&J, Moderna booster shots - The U.S. Food and Drug Administration is announcing two upcoming meetings of its Vaccines and Related Biological Products Advisory Committee to discuss newly available data for the currently available COVID-19 vaccines. On Oct. 14 and 15, the advisory committee will meet to discuss the use of booster doses of the Moderna (MRNA) COVID-19 Vaccine and the Janssen (JNJ) COVID-19 Vaccine. Both vaccines are currently authorized for emergency use to prevent COVID-19 in individuals 18 years of age and older. The committee will also hear presentations and discuss the available data on the use of a booster of a different vaccine than the one used for the primary series of an authorized or approved COVID-19 vaccine. On Oct. 14, the committee will discuss an amendment to the emergency use authorization of the Moderna COVID-19 Vaccine for the administration of a booster dose, in individuals 18 years of age and older. On Oct. 15, the VRBPAC will discuss amending the emergency use authorization of Johnson and Johnson's Janssen COVID-19 Vaccine for the administration of a booster dose, in individuals 18 years of age and older. Additionally, on Oct. 15, the committee will hear a presentation from the National Institute of Health's National Institute of Allergy and Infectious Diseases on the heterologous use of booster doses following the primary series of the three currently authorized or approved COVID-19 vaccines. During the meeting, the committee will hear presentations from the companies on the data for their respective vaccines. The FDA will also present its own analyses of each of the manufacturers' data. There will be an open public hearing each day during which the public will be given an opportunity to provide comments. Reference Link
NSANY

Hot Stocks

13:31 EDT Nissan reports Q3 U.S. sales down 10.0% to 198,955 units - Nissan Group announced total U.S. third-quarter sales for the calendar year 2021 of 198,955 units, a decrease of 10% versus the prior year. Nissan Division sales of 188,289 units were down 7.6% year-over-year, while Infiniti sales were down 38.6% to 10,666 units.
BKR

Hot Stocks

13:14 EDT Baker Hughes reports U.S. rig count up 7 to 528 rigs - Baker Hughes reports that the U.S. rig count is up 7 from last week to 528 with oil rigs up 7 to 428, gas rigs unchanged at 99, and miscellaneous rigs unchanged at 1. The U.S. Rig Count is up 262 rigs from last year's count of 266, with oil rigs up 239 gas rigs up 25 and miscellaneous rigs down 2 to 1. The U.S. Offshore Rig Count is up 3 to 13, down 1 year-over-year. The Canada Rig Count is up 3 from last week to 165, with oil rigs up 1 to 97, gas rigs up 3 to 68 and miscellaneous rigs down 1 to 0. Canada Rig Count is up 90 rigs from last year's count of 75, with oil rigs up 60, gas rigs up 30 and miscellaneous unchanged at 0.
CHRS

Hot Stocks

13:12 EDT Coherus announces BLA filing for CHS-201 accepted for review by FDA - Coherus BioSciences, announced the United States Food and Drug Administration has accepted for review the 351(k) Biologics License Application for CHS-201, a biosimilar candidate of reference product Lucentis. The FDA has set a Biosimilar User Fee Act action date for August 2, 2022, and, if approved, Coherus plans to launch the Lucentis biosimilar in the U.S. in the second half of 2022. The BLA for CHS-201 was submitted by Coherus' partner, Bioeq AG, from whom Coherus acquired U.S. commercial rights in 2019. In addition to CHS-201, Coherus' biosimilar portfolio includes UDENYCA, which the Company launched in the United States in January 2019; CHS-1420, a biosimilar candidate of reference product Humira, currently under review by the FDA with a target action date of December 2021; and CHS-305, a biosimilar candidate of reference product Avastin, currently being evaluated in a comparative pharmacokinetic study in healthy subjects to support a potential BLA filing in 2022.
BKR

Hot Stocks

13:00 EDT Baker Hughes reports U.S. rig count up 7 to 528 rigs
ENZ

Hot Stocks

12:45 EDT James Wolf reports Enzo Biochem stake, may nominate himself to board - James Wolf disclosed a 5.4% stake in Enzo Biochem, which represents 2.64M shares. The filing with the SEC allows for activism. Wolf said he may nominate himself for election as a director of the company at the next annual meeting of shareholders if he is not nominated by the board.
IBKR

Hot Stocks

12:27 EDT Interactive Brokers reports September DARTs up 16% y/y - Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for September. Brokerage highlights for the month included: 2.260 million Daily Average Revenue Trades, 16% higher than prior year and 4% higher than prior month. Ending client equity of $353.8B, 52% higher than prior year and 3% lower than prior month. Ending client margin loan balances of $50.2B, 67% higher than prior year and 1% higher than prior month. Ending client credit balances of $86.2B, including $2.7B in insured bank deposit sweeps2, 22% higher than prior year and 2% higher than prior month. 1.54 million client accounts, 57% higher than prior year and 3% higher than prior month. 334 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.58 including exchange, clearing and regulatory fees.
BHIL

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12:00 EDT Benson Hill falls -14.4% - Benson Hill is down -14.4%, or -$1.03 to $6.10.
IRNT

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12:00 EDT IronNet falls -22.3% - IronNet is down -22.3%, or -$3.81 to $13.24.
SPIR

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12:00 EDT Spire Global falls -39.8% - Spire Global is down -39.8%, or -$4.98 to $7.55.
TNP

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12:00 EDT TEN, Ltd. rises 11.7% - TEN, Ltd. is up 11.7%, or $1.25 to $11.96.
GB

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12:00 EDT Global Blue rises 11.9% - Global Blue is up 11.9%, or 77c to $7.23.
LUB

Hot Stocks

12:00 EDT Luby's rises 12.0% - Luby's is up 12.0%, or 50c to $4.68.
NVS

Hot Stocks

11:58 EDT Sandoz resolves legacy U.S. federal government civil investigation - Sandoz Inc., the U.S. subsidiary of Sandoz, announced it has entered a settlement agreement with the Civil Division of the U.S. Department of Justice concerning the Department's years-long pricing investigation into the U.S. generic drug industry. "This settlement is an expected outcome of the resolution the company reached in March 2020 with the DOJ Antitrust Division regarding the same investigation and underlying conduct. Today's settlement contains no new factual allegations against Sandoz, and the company fully provisioned for this settlement and disclosed the agreement in principle as part of the March 2020 resolution. As recognized by the DOJ, Sandoz cooperated with the government's investigation. The conduct at issue here occurred at Sandoz from March 2013 through December 2015 in direct contravention of the company's values, policies and trainings in place at the time. The individuals implicated in the underlying conduct are no longer employed by the company. As part of the agreement, Sandoz will pay $185M, plus interest from the date of the agreement in principle to settle, and has agreed to corporate integrity obligations with the Office of Inspector General of the U.S. Department of Health and Human Services through 2026. Since the time of the referenced conduct, Sandoz has further evolved its compliance program in the spirit of continuous improvement. Given that this resolution includes a Corporate Integrity Agreement, Sandoz will be implementing controls designed to ensure compliance with the terms of this settlement. Sandoz strives to operate at the highest levels of sound governance as it reinforces its global leadership in generic pharmaceuticals and biosimilars covering all major therapeutic areas," the company said. Keren Haruvi, President of Sandoz Inc., said: "Today's settlement bookends the March 2020 resolution and resolves all outstanding federal government matters concerning the DOJ's investigation into our historical conduct. The agreement is consistent with our commitment to resolve legacy compliance matters and continuously improve our compliance and training programs and evolve our controls. We're moving forward and remain focused on pioneering new ways to help people around the world access high-quality medicines." Sandoz is a division of Novartis.
GE

Hot Stocks

11:55 EDT GE Aviation selected by NASA for hybrid electric technology demonstrator - The U.S. National Aeronautics and Space Administration has announced a new research partnership with GE Aviation to launch a hybrid electric technology demonstrator program. Plans are to conduct ground and flight tests of a megawatt class hybrid electric propulsion system by the mid-2020s, GE Aviation said in a statement. The hybrid electric technology will be flight tested with a modified Saab 340B testbed and GE's CT7-9B turboshaft engines, it added. GE further stated: "As part of NASA's Electric Powertrain Flight Demonstration (EPFD) project, a total $260M will be invested by NASA, GE Aviation and partners over five years to accelerate the introduction of hybrid electric flight technologies for commercial aviation. After years of maturing individual components of a hybrid electric system-motors, generators and power converters-GE will systematically mature an integrated hybrid electric powertrain to demonstrate flight readiness for single-aisle aircraft." Reference Link
DLVHF

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11:43 EDT Delivery Hero acquires Danish food delivery service Hungry - Delivery Hero SE announced that it has acquired Hungry.dk ApS, which it calls "a leading Danish online food delivery marketplace" that "has built a fast-growing, profitable business." Following previous investments for a total 44% stake in Hungry, Delivery Hero has now acquired all remaining shares in the company. "With this acquisition, Delivery Hero further strengthens its presence in the Nordic countries," the company stated. Reference Link
ALL BX

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11:42 EDT Allstate closes sale of Allstate Life Insurance Company of New York to Wilton Re - The Allstate Corporation (ALL) announced that it has obtained all required regulatory approvals and closed the sale of Allstate Life Insurance Company of New York to Wilton Re for approximately $400M. "Closing on the sale of ALNY is a significant step in Allstate's strategy of increasing personal property-liability market share and expanding protection services, while deploying capital out of the life and annuity businesses," said Mario Rizzo, CFO of Allstate. In a separate transaction announced earlier this year, Allstate agreed to sell Allstate Life Insurance Company to Everlake US Holdings Company, an entity managed by Blackstone Group (BX). This transaction is expected to close in 2021, subject to regulatory approval and other closing conditions.
TARO NVS

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11:33 EDT Three generic drug makers to pay $447.2M to settle price-fixing claims, DOJ says - Three generic pharmaceutical manufacturers, Taro Pharmaceuticals USA (TAR), Novartis' (NVS) Sandoz Inc. and Apotex Corporation, have agreed to pay a total of $447.2M to resolve alleged violations of the False Claims Act arising from conspiracies to fix the price of various generic drugs, the Justice Department announced. "These conspiracies allegedly resulted in higher drug prices for federal health care programs and beneficiaries," according to the Justice Department. The government alleges that between 2013 and 2015, all three companies paid and received compensation prohibited by the Anti-Kickback Statute through arrangements on price, supply and allocation of customers with other pharmaceutical manufacturers for certain generic drugs manufactured by the companies. Taro Pharmaceuticals USA has agreed to pay $213.2M. The Taro drugs allegedly implicated in this scheme address a wide variety of health conditions, and include etodolac, a nonsteroidal anti-inflammatory drug used to treat pain and arthritis, and nystatin-triamcinolone cream and ointment, a combination of an antifungal medicine and steroid used to treat certain kinds of skin infections. Sandoz Inc. has agreed to pay $185M. The Sandoz drugs at issue include benazepril HCTZ, used to treat hypertension, and clobetasol, a corticosteroid used to treat skin conditions. Apotex Corporation has agreed to pay $49M in connection with its sale of pravastatin, a drug used to treat high cholesterol and triglyceride levels. Reference Link
TM

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11:32 EDT Toyota reports Q3 U.S. sales up 1.4% to 566,005 vehicles - For the third quarter of 2021, TMNA reported U.S. sales of 566,005 vehicles, an increase of 1.4% on a volume and DSR basis. Third quarter APV sales totaled 150,311 vehicles, up 62.5% on a volume and DSR basis, representing 26.6% of total year-to-date sales. TMNA year-to-date U.S. sales totaled 1,857,884 vehicles, an increase of 29.1% on a volume basis and an increase of 27.9% on a DSR basis. Year-to-date APV sales totaled 450,122 vehicles, up 113.7 percent on a volume basis and up 111.9% on a DSR basis, representing 24.2% of total sales. "As we continue to navigate through supply chain challenges, we thank our loyal Toyota and Lexus customers for their patience and confidence in our vehicles," said Jack Hollis, senior vice president of automotive operations, TMNA. "Our teams are working diligently to deliver vehicles to our dealers, who continue to find innovative solutions to take care of our customers."
TM

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11:31 EDT Toyota reports September U.S. sales down 22.4% y/y to 152,916 vehicles - Toyota Motor North America reported U.S. September 2021 sales of 152,916 vehicles, a decrease of 22.4% on a volume and daily selling rate basis versus September 2020. U.S. September 2021 sales of alternative powered vehicles, including hybrids, plug-in hybrids and fuel cells totaled 42,945 vehicles, up 36% on a volume and DSR basis, representing 28.1% of total monthly sales.
HON

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10:49 EDT Honeywell to raise annual dividend to $3.92 from $3.72 per share - Honeywell announced that its board of directors has approved an increase in the company's regular annual cash dividend from $3.72 to $3.92 per share. The increase will be effective starting with the fourth-quarter dividend of 98c per share, which was declared today, and is payable on December 3 out of surplus to holders of record at the close of business on November 12.
ACRHF

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10:36 EDT Acreage closes acquisition of cultivation, processing, retail operations in Ohio - Acreage Holdings announced the closing of the acquisitions of cultivation, processing and retail operations in Ohio by its subsidiary, High Street Capital Partners. As previously announced, Acreage entered into purchase agreements for these operations in Ohio during the summer of 2018 for the total purchase price of approximately $7.1M in cash, $7.1M in notes and 1.1M shares of High Street, which are convertible into shares of Acreage, with the remaining $3.3M worth of notes repaid. Under the terms of the agreements, Acreage acquired all of the membership interests of Greenleaf Gardens, which operates a cultivation license in Ohio, Greenleaf Therapeutics, which operates a processing license in Ohio and Greenleaf Apothecaries, which operates five retail dispensaries in Ohio. Upon completion of these acquisitions, Acreage will subsequently consolidate the results of Greenleaf into its consolidated financial statements.
GM

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10:36 EDT GM reports Q3 U.S. sales of 446,997 vehicles, down from last year on semi supply - General Motors dealers delivered 446,997 vehicles in the U.S. in the third quarter of 2021, down 218,195 units from a year ago "as a result of semiconductor supply chain disruptions and historically low inventories," the company announced. "During the quarter, GM provided an update for investors that its wholesale volumes in North America in the second half of 2021 would be down about 200,000 units from the first half, largely because of supply chain disruptions in Malaysia caused by COVID-19, with most of the impact occurring during the third quarter. GM's financial outlook is still expected to be within the calendar year guidance range previously provided as the company continues to develop solutions to mitigate the impacts of the semiconductor shortage and Chevrolet Bolt EV recall," GM said. "Despite challenging conditions during the third quarter, GM maintained or increased its retail market share in key segments compared with a year ago," the company added, citing J.D. Power PIN estimates.
GM

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10:33 EDT GM reports Q3 U.S. sales of 446,997 vehicles, down 218,195 units from last year
RMCF

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10:24 EDT AB Value urges Rocky Mountain Chocolate shareholders to vote for its candidates - AB Value Management and the other participants in this solicitation representing approximately 14.70% of the outstanding shares of Rocky Mountain Chocolate Factory, delivered an open letter to the Company's shareholders. The letter read in part, "We appreciate the support and feedback we have received from shareholders so far. With the 2021 Annual Meeting of Shareholders of Rocky Mountain Chocolate Factory and such referenced annual meeting, less than a week away, your support will be the first and most critical step toward setting the Company on track to restore-and then maximize-the value of your investment. This is why we are urging you to vote on the BLUE proxy card to reconstitute the Company's Board of Directors by voting "FOR" our four highly qualified, independent nominees-Andrew T. Berger, Mark Riegel, Sandra Elizabeth Taylor and Rhonda J. Parish. As the Annual Meeting draws near, shareholders should be on high alert for last-minute scare tactics from the Board, including its recent threats of management turnover and harm to the Immaculate Confection relationship if a majority of directors are replaced at the Company. AB Value Management LLC has invested $4 million of our own capital in the Company's shares. Our interest is aligned with ALL shareholders. We want the Company to be successful. Shareholders should question why the presence of three new highly qualified, independent directors, would cause management turnover. We believe it is just a red herring. If the Board was truly concerned about material executive departures and the effect of Board turnover on the relationship with the Company's largest franchisee, why did it wait until several days before the Annual Meeting to disclose these concerns to shareholders? If legitimate, why were these concerns never outlined in the Company's investor materials or proxy statement or included as risk factors in recent financial disclosures? We believe the answer is clear-the Board is trying to intimidate shareholders and undermine the campaign by AB Value and the other participants in its solicitation for long overdue change...Leveraging the Concerned Shareholders of Rocky Mountain Nominees' decades of highly relevant director and executive experience in the confectionary/chocolate, restaurant, franchise and consumer industries to maximize shareholder value; and Inviting robust discourse in the boardroom that supports and challenges management through best-in-class governance, including the immediate termination of the shareholder-unfriendly poison pill. With your support to create fundamental change beginning in the boardroom, there will be a new day for Rocky Mountain Chocolate Factory. We appreciate the support from shareholders who have already voted for the Concerned Shareholders of Rocky Mountain Nominees on the BLUE proxy card and urge all of our fellow shareholders to vote the BLUE proxy card today to support the election of all four of our highly qualified nominees."
LH

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10:16 EDT LabCorp receive EUA from FDA for home collection kit for COVID-19, flu detection - Labcorp announced that it received Emergency Use Authorization, or EUA, from the U.S. Food and Drug Administration, FDA, for a combined home collection kit that detects COVID-19 and influenza A/B simultaneously in individuals as young as 2 years of age. The kit will be available at no upfront cost to those who meet clinical guidelines, which may include experiencing symptoms, being exposed to someone with COVID-19, or if asked to be tested by a health care provider.
MRNA...

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10:10 EDT Moderna falls 13%, Pfizer down 2% after Merck reports Covid pill data - Shares of Moderna (MRNA) are down $50.27, or 13%, to $334.59 and those of Pfizer (PFE) are down 93c, or 2%, to $42.08 after Merck (MRK) reported that its oral anti-viral molnupiravir lowered the risk of hospitalization and death by 50% in a non-hospitalized Covid-19 population with mild-to-moderate disease. Merck plans to submit an application for Emergency Use Authorization to the U.S. FDA "as soon as possible based on these findings and plans to submit marketing applications to other regulatory bodies worldwide," the company stated.
INT

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10:00 EDT World Fuel Services falls -8.8% - World Fuel Services is down -8.8%, or -$2.94 to $30.68.
IRNT

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10:00 EDT IronNet falls -17.4% - IronNet is down -17.4%, or -$2.96 to $14.09.
SPIR

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10:00 EDT Spire Global falls -34.6% - Spire Global is down -34.6%, or -$4.33 to $8.20.
RNG

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10:00 EDT RingCentral rises 7.4% - RingCentral is up 7.4%, or $16.07 to $233.56.
MRK

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10:00 EDT Merck rises 7.8% - Merck is up 7.8%, or $5.88 to $80.98.
LUB

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10:00 EDT Luby's rises 8.1% - Luby's is up 8.1%, or 34c to $4.52.
KFS

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09:47 EDT Kingsway Financial falls -8.5% - Kingsway Financial is down -8.5%, or -46c to $4.90.
IRNT

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09:47 EDT IronNet falls -15.5% - IronNet is down -15.5%, or -$2.64 to $14.41.
SPIR

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09:47 EDT Spire Global falls -23.9% - Spire Global is down -23.9%, or -$3.00 to $9.53.
COTY

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09:47 EDT Coty rises 7.4% - Coty is up 7.4%, or 58c to $8.45.
BTCM

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09:47 EDT BIT Mining Limited rises 8.8% - BIT Mining Limited is up 8.8%, or 72c to $8.89.
MRK

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09:47 EDT Merck rises 10.4% - Merck is up 10.4%, or $7.79 to $82.90.
ZEUS

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09:42 EDT Olympic Steel acquires Shaw Stainless & Alloy; terms not disclosed - Olympic Steel announced that it has acquired the assets of Shaw Stainless & Alloy. The all-cash purchase is immediately accretive and terms were not disclosed, Olympic Steel said in a statement. The acquisition includes Shaw's stainless steel distribution and fabrication businesses as well as its architectural and barrier defense businesses, it added, further stating that Shaw will be incorporated into Olympic Steel's specialty metals segment, led by Andy Markowitz, President - Specialty Metals. The Shaw team will report to Zachary J. Siegal, Olympic Steel's Vice President - Strategic Development.
NEO GH

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09:31 EDT NeoGenomics jumps at open after Bloomberg says Guardant Health exploring deal - Shares of NeoGenomics (NEO) are up in early trading after Bloomberg reported that Guardant Health (GH) is exploring a potential acquisition of the cancer diagnostics and testing company.
DSX

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09:27 EDT Diana Shipping announces time charter contract for M/V Baltimore - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The gross charter rate is $56,000 per day, minus a 4.75% commission paid to third parties, for a time charter trip duration of about ninety days. The charter commenced retroactively as of September 28, 2021. The m/v Baltimore was chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of $13,000 per day, minus a 5% commission paid to third parties. The "Baltimore" is a 177,243 dwt Capesize dry bulk vessel built in 2005. The employment of "Baltimore" is anticipated to generate approximately $5.04 million of gross revenue for the minimum scheduled period of the time charter.
MMNFF

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09:23 EDT MedMen announces LitHouse farms to manage California, Nevada facilities - MedMen Enterprises announced that LitHouse Farms has agreed to manage cultivation and manufacturing at each of the two approximately 45,000 square foot, Dutch greenhouse, cultivation and production facilities that MedMen leases in Desert Hot Springs, California and Sparks, Nevada. LitHouse will expand its current California production, enter the Nevada market for the first time and produce flower for MedMen's private label line MedMen Red. Licensed operations at the facilities will be carried on under management agreements with subsidiaries of LitHouse, which management agreements include purchase options for nominal consideration, subject to regulatory approval. Concurrently with the transaction, Foundry Works, the parent company of LitHouse Farms, has signed a sublease agreement for DHS worth approximately $3.2M per year in its first year, ramping to approximately $4.6M per year in its sixth year, subject to 3% annual escalators thereafter through March 2039. At Sparks, Foundry Works has signed a sublease agreement worth approximately $2.4M per year in its first year, ramping to approximately $3.4M per year in its sixth year, subject to 3% annual escalators thereafter through January 2039. In addition, MedMen and Foundry Works also announced a merchandising agreement covering California and Nevada reflective of MedMen's retail focus in both states and the two companies' shared brand vision. Subject to performing in the top half of SKUs sold at MedMen, Foundry Works will have the right to occupy shelf space in-line with MedMen's current top performing brands. It is expected that Foundry Works will use these rights to feature LitHouse Farms, Sherbinksi's, Sonder and other future Foundry Works owned brands. MedMen and Foundry Works expect to release exclusive products while supporting these products with marketing and advertising content associated with the merchandising agreements. The two companies also have agreed that Foundry Works will supply the product for the Company's private label MedMen Red product in California and Nevada.
SIEGY

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09:20 EDT Siemens awarded $1.78M FDA contract to showcase digital design, manufacturing - The Food and Drug Administration's Office of Counterterrorism and Emerging Threats has awarded a contract worth over $1.78M to Siemens Government Technologies with technology from Siemens Digital Industries. Siemens will provide its expertise to implement advanced industrial software for digital design and an automated manufacturing production demonstration line for regulatory science use in the FDA OCET advanced manufacturing program. This program is collaborating with the Center for Devices and Radiological Health to provide FDA with access to extensive software from Siemens Digital Industries Software's Xcelerator portfolio including advanced integrated software capabilities for design control and risk management; product lifecycle management; product, plant, and process design modeling and simulation; manufacturing execution; closed loop quality management; Industrial Internet of Things, and more. The digital showcase will help facilitate evaluation, education and industry adoption of smart design and manufacturing processes, which can improve performance, speed regulatory review, reduce supply shortages and increase supply chain resilience in the Lifesciences industry. "In addition to helping the FDA gain new perspectives in developing industry guidance, evaluation of submissions, and preparing for the next disruption; this technology showcase will also help demonstrate to manufacturers the possibilities that exist today to accelerate product development, improve performance, increase production capacity, and enable more flexible and agile manufacturing networks. With the FDA leading the way, this partnership will help accelerate the digital transformation occurring across the healthcare industry," said Barbara Humpton, President and CEO of Siemens Corporation. The contract between Siemens and the FDA will last for several years as new use cases are developed and implemented.
WTKWY

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09:18 EDT Wolters Kluwer, APCIA collaborate to improve insurance compliance capabilities - Wolters Kluwer Compliance Solutions and the American Property Casualty Insurance Association, or APCIA, have entered into a new agreement to provide member companies direct access to APCIA Bulletins via Extensible Markup Language produced by Wolters Kluwer, allowing member companies to enhance their insurance compliance capabilities. Provided via NILS Feed Plus technology, the content enables members to incorporate regulatory updates into their existing compliance platforms. With this new collaboration, Wolters Kluwer has licensed from APCIA the exclusive rights to commercialize APCIA Bulletins. "In recent years, keeping pace with the growing volume, scope, and complexity of ever-changing regulatory content across all jurisdictions in which an insurance company operates has become an increasingly daunting and formidable process," said Steve Meirink, Executive Vice President and General Manager for Compliance Solutions. "APCIA members will benefit from the combined regulatory compliance expertise and capabilities of Wolters Kluwer and APCIA."
FAT

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09:16 EDT Fat Brands completes $300M acquisition of Twin Peaks restaurant chain - FAT Brands announced the completion of its pending acquisition of the Twin Peaks restaurant chain from Garnett Station Partners for $300M. As a result of the acquisition, FAT Brands has entered a new restaurant category, polished casual dining. The transaction was funded with the proceeds of $250M in principal amount of new securitization notes and the issuance to the sellers of shares of Series B preferred stock. With the acquisition of Twin Peaks, FAT Brands will have more than 2,100 franchised and corporate-owned stores around the world with combined annual system-wide sales of approximately $1.8B.The addition of the sports lodge concept, including the new stores due to open and under development, is expected to increase the Company's post-COVID-19 normalized EBITDA by approximately $25M to $30M. The Twin Peaks transaction marks the third acquisition in the past twelve months for the rapidly growing global franchising company, including the acquisitions of Johnny Rockets in September 2020 and Global Franchise Group in July 2021.
CUBE

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09:15 EDT CubeSmart launches management reporting app - CubeSmart introduced SmartView by CubeSmart, its proprietary mobile app, designed to connect users to key performance metrics. The company said, "Utilizing SmartView, third-party management clients have easy access to their data wherever and whenever they want. SmartView is the latest enhancement from CubeSmart as part of an ongoing focus to build innovative technology to help drive the self-storage industry forward."
CSGP

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09:14 EDT CoStar Group acquires COMREAL INFO, operator of BureauxLocaux - CoStar Group announced that it has acquired COMREAL INFO, the owner and operator of BureauxLocaux.com. "The acquisition of BureauxLocaux is an important step in continuing our international expansion," said Andrew Florance, Founder and Chief Executive Officer of CoStar Group. "France is one of Europe's largest commercial property markets with an estimated EUR 40 billion in annual investment transaction value. BureauxLocaux has built a leading commercial property-specific listings platform with national coverage, great brand recognition, and an excellent reputation among its clients."
ONEXF

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09:14 EDT Gluskin Sheff launches Onex Falcon Direct Lending Fund - Gluskin Sheff + Associates announced the launch of the Onex Falcon Direct Lending Fund, a differentiated credit offering focused on principal preservation and downside protection via directly originated senior secured loan investments. This new offering gives Canadian accredited individual investors access to an asset class favoured by institutions and family offices. The Fund will invest in private, high-value senior secured loans to lower middle market companies in North America, as well as selectively in Europe and non-North American companies. The Fund targets to deliver a 9-10% net return, including an expected cash distribution of 8% paid quarterly.
GBNH

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09:13 EDT Greenbrook TMS announces closing of Achieve TMS East, Central acquisition - Greenbrook, a provider of Transcranial Magnetic Stimulation, TMS, therapy in the United States, announces the closing of the acquisition of Achieve TMS East and Achieve TMS Central. The initial aggregate purchase price for Achieve TMS East/Central was $8.0M, net of Achieve TMS East/Central's cash and debt and subject to customary working capital adjustments. In addition, a portion of the total purchase price payable in respect of the Acquisition is subject to a capped earn-out of up to an additional $2.5M based on the financial performance of Achieve TMS East during the twelve-month period following completion of the acquisition. Bill Leonard, President and CEO commented: "I am thrilled to announce that we have acquired Achieve TMS East and Achieve TMS Central, adding 17 centers into the Greenbrook family. This acquisition brings the Greenbrook care experience to more communities, and further strengthens our platform for sustained growth. Changing patients' lives for the better is the fuel that motivates our work. I'm excited to welcome Achieve TMS East and Achieve TMS Central into the Greenbrook family and look forward to the impact we will all have together."
NUVCF MA

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09:13 EDT Nuvei names Max Attias Group CTO, Guillaume Conteville CMO and Nikki Zinman CPO - Nuvei Corporation (NUVCF) announced the appointments of Max Attias as Group Chief Technology Officer, Guillaume Conteville as Chief Marketing Officer and Nikki Zinman as Chief People Officer. Attias is promoted from Nuvei's COO to Group CTO, where he will assume the overall responsibility for the Company's global information technology infrastructure. Attias takes over from Keith Birdsong, who is retiring effective October 1, 2021, after serving as Nuvei's CTO for over 11 years. Conteville has joined Nuvei as Chief Marketing Officer where he will focus on expanding the Company's brand awareness to further stimulate growth. He has over 15 years of direct marketing-related experience in the payments industry, including spending 11 years at Mastercard (MA), most recently as their Senior Vice President, Global Head of Digital Marketing. As Nuvei's Chief People Officer, Zinman will develop and lead the execution of the Company's human resources strategy, supporting global corporate plans and business objectives. Zinman joins Nuvei from Pearson, a global learning company with more than 20,000 employees operating in nearly 200 countries, where she served as a member of the executive team as Senior Vice President, Human Resources.
COG...

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09:12 EDT Cabot Oil & Gas, Cimarex Energy complete merger forming Coterra Energy - Coterra Energy (CTRA) announced the successful completion of the combination of Cabot Oil & Gas (COG) and Cimarex Energy (XEC). Coterra's common stock will trade on the New York Stock Exchange under the ticker symbol "CTRA" at the open of trading on October 4, and under the symbol "COG" until then.
CLOV

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09:10 EDT Clover Health debuts new Medicare Advantage plans for 2022 - Clover Health debuted its 2022 Medicare Advantage plans, "which are built to increase access to affordable, high quality healthcare for Medicare eligibles across the country", the company said. Individuals eligible for Medicare in 209 counties across nine states - Alabama, Arizona, Georgia, Mississippi, New Jersey, Pennsylvania, South Carolina, Tennessee, and Texas - can enroll in Clover's plans. The enrollment period opens on October 15 and continues through December 7, 2021, with coverage beginning on January 1, 2022. The company said, "Clover offers highly affordable, benefit-rich health plans with low out-of-pocket costs to eliminate care barriers and encourage beneficiaries to engage with the healthcare system, and their primary care physician in particular. Many of Clover's plans feature $0 premiums and $0 copays for primary care visits, regardless of whether the PCP is in or out of Clover's provider network."
GBCI ALTA

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09:09 EDT Glacier Bancorp completes acquisition of Altabancorp - Glacier Bancorp (GBCI) announced the completion of its acquisition of Altabancorp (ALTA), the bank holding company for Altabank, a community bank in Utah. Altabank provides banking services to individuals and businesses throughout Utah and southern Idaho with 25 branch locations from Preston, Idaho to St. George, Utah, and will operate as the newest banking division of Glacier Bank under the name "Altabank, Division of Glacier Bank". At June 30, 2021, ALTA had total assets of $3.5B, total loans of $1.9B and total deposits of $3.2B. With the addition of ALTA, on a pro forma combined basis, Glacier would have total assets of $24B, total loans of $13.1B and total deposits of $19.9B at June 30, 2021.
GBCI ALTA

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09:08 EDT Glacier Bancorp completes acquisition of Altabancorp in Utah - Glacier Bancorp (GBCI) announced the completion of its acquisition of Altabancorp (ALTA), the bank holding company for Altabank. Altabank provides banking services to individuals and businesses throughout Utah and southern Idaho with 25 branch locations from Preston, Idaho to St. George, Utah, and will operate as the newest banking division of Glacier Bank under the name "Altabank, Division of Glacier Bank".
XMTR

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09:07 EDT Xometry establishes Xometry Scholars Program with Howard University - Xometry announced the creation of the Xometry Scholars Program in partnership with Howard University. Xometry will pledge more than $900,000 to provide eight scholarships over the next four school years to students enrolled in the Department of Mechanical Engineering at the Howard University College of Engineering and Architecture.
ANDE

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09:06 EDT Andersons acquires Capstone Commodities, terms not disclosed - The Andersons announced it has purchased Capstone Commodities. Capstone Commodities specializes in providing feed ingredients to dairies and feed mills, feed yards, and exporters predominantly within the southwestern United States. Capstone Commodities will continue to work under the Capstone name as a wholly owned subsidiary of The Andersons.
EBMT

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09:06 EDT Eagle Bancorp to acquire First Community Bancorp in $41.3M transaction - Eagle Bancorp Montana announced that it has reached an agreement to acquire First Community Bancorp, Inc., and its subsidiary, First Community Bank. The transaction is Eagle's fourth announced acquisition of a Montana-based bank since 2017, and its largest transaction to date. Headquartered in Glasgow, Montana, First Community is the largest bank headquartered in Northeast Montana with $374 million in total assets. First Community currently operates nine branches and two mortgage LPOs, including commercial-focused branches in Helena and Three Forks. The acquisition will further solidify Eagle's position as the fourth largest Montana-based bank with over $1.7 billion in pro forma assets and add $307 million in deposits and $220 million in gross loans, based on June 30, 2021 information. Upon completion of the acquisition, Opportunity Bank of Montana will have 32 retail branches in key commercial and ag markets across Montana. The board of directors for both companies unanimously approved the transaction, which is subject to the approvals of bank regulatory agencies, the shareholders of First Community, and Eagle, and other customary closing conditions. Under the terms of the definitive agreement signed by the parties, First Community shareholders will receive 37.7492 shares of Eagle common stock and $276.32 in cash for each share of First Community common stock. In aggregate, First Community shareholders will receive 1,396,721 shares of Eagle common stock and $10.2 million in cash, for a total transaction value of approximately $41.3 million, based on the Eagle common stock closing price of $22.25 on September 27, 2021. In addition, First Community shareholders shall be entitled to a special dividend at closing equal to the amount tangible common shareholders' equity exceeds $29.5 million, subject to certain conditions. The deal is expected to close during the fourth quarter of 2021.
ACOGF

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09:06 EDT Alpha Cognition announces formation of Scientific Advisory Board - Alpha Cognition announced the formation of a Scientific Advisory Board, or SAB chaired by James Galvin, MD, MPH. "The prestigious group of scientific thought leaders we have assembled to sit on our Scientific Advisory Board will provide Alpha Cognition with relevant expertise as we further the development of our clinical pipeline and get closer to commercialization," said Michael McFadden, CEO of Alpha Cognition. "Each member brings unique experience from early-stage research to the late-stage clinical development in neurology. I believe this collection of brilliant minds and experience will serve us well as we develop assets in neurology, with a focus on our lead development candidate, ALPHA-1062." The founding members of the Alpha Cognition Scientific Advisory Board are: Frank Conidi; Jeffrey Cummings; James Galvin; Elaine Peskind; Mary Sano; Lon Schneider; and Kristine Yaffe.
LLY

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09:05 EDT Eli Lilly reports 'positive' results from Phase 2 study of mirikizumab - Patients taking mirikizumab for their moderately to severely active ulcerative colitis were in symptomatic remission for up to two years as demonstrated in new results from Eli Lilly and Company's Phase 2 study. Symptomatic remission is defined as no more than two bowel movements more than an individual's normal bowel frequency, and no blood in their stool. In a separate, post-hoc analysis of patients treated with mirikizumab in this Phase 2 study, an absence of bowel urgency in patients with moderately to severely active UC at 12 weeks was strongly associated with reduced levels of inflammatory biomarkers, an indicator of disease activity. Both analyses will be presented virtually at United European Gastroenterology Week taking place October 3-5, 2021.
LZ

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09:04 EDT Arizona Supreme Court approves ABS license for LegalZoom company - LegalZoom.com subsidiary, LZ Legal Services, has been approved by the Arizona Supreme Court for an Alternative Business Structure license in the state. The approval positions LegalZoom, a leading online platform for legal and compliance solutions, to accelerate its efforts to democratize law by allowing for greater technological innovation in the delivery of legal services. It also has the potential to make legal services available at more-affordable prices. Traditionally, the legal industry has been slow to adopt technology. For comparison, IBISWorld found that in 2020, approximately 8% of legal services in the United States were conducted online versus approximately 70% of financial services. At the same time, the American Bar Association reported that more than 40% of solo attorneys do not have a website. Reforms such as these are designed to enable industry innovation and increase access to high-quality, cost-effective legal services. LegalZoom will be able to directly provide limited legal services to individuals and small businesses through LZ Legal Services' ABS license. Additionally, the company will be able to create more opportunities for attorneys within the state.
HYMTF

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09:03 EDT Hyundai Motor America reports total September sales of 53,800 units, down 2% y/y - Hyundai Motor America reported total September sales of 53,800 units, a 2% decrease compared with September 2020. Hyundai's monthly sales results were significantly better than industry predictions that forecasted a 25% decline in September. Hyundai also set new September total sales records for Palisade, Ioniq HEV, Kona EV and Nexo. Hyundai sold 49,439 retail units in September, a decline of 5%. Hyundai eco-friendly vehicle retail sales continued to grow substantially, increasing 348% on the month. New retail September sales records were established for Palisade, Ioniq PHEV, Kona EV and Nexo.
SB

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09:03 EDT Safe Bulkers enters first sustainability-linked credit facility - Safe Bulkers announced that the Company has entered into a new credit facility of $60M with a five-year tenor secured with five vessels, comprising of a term loan tranche of $30M and a revolving credit facility tranche providing for a draw down capacity of up to $30M reducing from its fourth year onwards. This agreement represents the Company's first sustainability linked credit facility and incorporates an incentive discount on interest rate, linked to independently verified pre-determined emission targets. The proceeds from the credit facility will refinance loan facilities with the same financial institution of an outstanding term loan tranche of $71.1M and a revolving credit facility tranche with a drawdown capacity of $6.5M, presently secured by six vessels and maturing in 2024, five of which will secure the new credit facility and one of which will remain debt free. The company does not intend to utilize the full capacity of the reducing revolving credit facility tranche at this time. The agreement contains financial covenants in line with the existing loan and credit facilities of the Company.
HGEN

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09:02 EDT Humanigen submits all planned modules for potential CMA from UK's MHRA - Humanigen announced it has submitted all the planned modules as well as a risk management plan and pediatric investigation plan for the lenzilumab Conditional Marketing Authorization, or CMA, in hospitalized COVID-19 patients to the UK's Medicines and Healthcare Products Regulatory Agency, MHRA. MHRA has previously accepted the application for expedited COVID-19 rolling review. "We are pleased with the engagement with MHRA and are committed to continue to work with the agency as necessary to enable MHRA to review our application. As the United Kingdom's Health Secretary recently stated, the UK is leading the world in identifying and rolling out life-saving medicines, particularly for COVID-19," said Cameron Durrant, CEO of Humanigen. "A UK study funded by the Medical Research Council demonstrated benefits of GM-CSF neutralization in hospitalized COVID-19 patients and we believe results of our LIVE-AIR Phase 3 trial of lenzilumab provide further evidence for the benefits of this approach. Thus, we are seeking Conditional Marketing Authorization with a view to bringing lenzilumab to patients in the UK. We note in the UK there have been more than 20,000 new hospitalizations in the month of September and as of September 27th there were 7,007 people currently hospitalized for COVID-19."
CENQ

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09:02 EDT CENAQ Energy announces separate trading of Class A common stock, warrants - ENAQ Energy announced that, commencing October 4, 2021, holders of the units sold in the Company's initial public offering may elect to separately trade the shares of Class A common stock and warrants included in the Units. The shares of Class A common stock and warrants that are separated will trade on the NASDAQ Stock Market under the ticker symbols "CENQ" and "CENQW," respectively. Those Units not separated will continue to trade on NASDAQ under the ticker symbol "CENQU." The Units were initially offered by the Company in an underwritten offering. Imperial Capital, LLC and I-Bankers Securities, Inc. acted as book runners for the offering.
OMER

Hot Stocks

09:01 EDT Omeros announces FDA notified company of deficiencies in BLA for narsoplimab - Omeros announced that the U.S. Food and Drug Administration, FDA, notified the company that, as part of FDA's ongoing review of the company's Biologics License Application, BLA, for narsoplimab in the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy, or HSCT-TMA, FDA has identified deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time. FDA stated that the notification does not reflect a final decision on the information under review. FDA did not provide specific details of the deficiencies in its notification; however, in a meeting held on September 30, 2021, FDA expressed its intention to work with Omeros to resolve any issues as expeditiously as possible, but the company does not currently expect any such resolution to occur by the October 17, 2021 target action date under the Prescription Drug User Fee Act. Omeros is evaluating potential next steps as it awaits additional information from FDA and plans to obtain FDA approval for narsoplimab in HSCT-TMA.
WW

Hot Stocks

09:01 EDT WW CEO Mindy Grossman to step down after 1Q22 - WW International announced that Mindy Grossman, President and CEO, who has led the brand's transformation since 2017, has decided to step down as President and CEO after the first quarter of 2022. Grossman will continue to lead the company until that time and will work with the Board of Directors to help with the selection of a successor.
ACGL

Hot Stocks

09:01 EDT Arch Capital announces completion of redemption of 5.25% Series E shares - Arch Capital Group announced that it completed the redemption on Sept. 30, 2021 of all 18,000 of its outstanding 5.25% Series E Non-Cumulative Preferred Shares represented by 18,000,000 depositary shares, each of which represents a 1/1,000th interest in a Series E Preferred Share. All of the Series E Preferred Shares were redeemed at a redemption price equal to $25,000 per Series E Preferred Share. The Redemption Price was paid on the Redemption Date to holders of record of the Shares on the Redemption Date. Record holders of the Shares as of Sept. 15, 2021 were also paid the previously announced dividend for the third quarter of 2021 of $328.125 per Series E Preferred Share on the Redemption Date.
NHTC

Hot Stocks

09:00 EDT Natural Health Trends announces closing of SEC investigation - Natural Health Trends announced the conclusion of a non-public investigation by the United States Securities and Exchange Commission that the Company previously disclosed in its SEC filings. On September 30, 2021, the SEC notified the Company that it has concluded its investigation and does not intend to recommend an enforcement action. "We fully cooperated with the SEC throughout the duration of the investigation which began in August 2016 and are pleased to put this matter behind us," commented Chris Sharng, President of Natural Health Trends Corp.
SBT

Hot Stocks

08:58 EDT Sterling Bancorp promotes Knott to Chief Financial Officer, CFO Huber steps down - Sterling Bancorp announced that Karen Knott, current Senior Vice President and Controller, has been promoted to the role of Chief Financial Officer of the company and the bank. Knott's promotion to Chief Financial Officer for the Bank is subject to the receipt of regulatory non-objection from the Office of the Comptroller of the Currency. Stephen Huber, Executive Vice President and Chief Financial Officer of the company, who also briefly served as interim Chief Executive Officer, has decided to step down from his roles at the Company and pursue other interests.
TMC

Hot Stocks

08:52 EDT The Metals Company CEO buys 34K, director buys 2.25M shares of common stock - In regulatory filings, The Metals Company disclosed that its CEO Gerard Barron bought 34K shares and director Andrei Karkar bought 2.25M shares in transaction sizes of $150K and $10M respectively. Shares of The Metals Company are up 2% in pre-market trading at $4.66.
LSI

Hot Stocks

08:46 EDT Life Storage board increases quarterly dividend 16% to 86c per share - The Board of Directors of Life Storage announced an increase in the company's quarterly common stock dividend from 74c per share to 86c per share or $2.96 to $3.44 annualized. The increase is effective with the quarterly dividend to be paid on October 26, 2021 to shareholders of record on October 13, 2021. The dividend, based on yesterday's closing share price, equates to an annual yield of 3%. "The Board is pleased to approve a 16% increase in our quarterly dividend based on our strong operating results, outlook and financial position," said Joe Saffire, the Company's Chief Executive Officer. "Our team and platforms are well positioned to continue generating strong cash flow to invest in our technology initiatives, operating platforms, properties and people while also returning capital to shareholders by maintaining our payout ratio."
XPEL

Hot Stocks

08:40 EDT Xpel announces acquisitions in North America, total combined purchase price $20M - XPEL has announced the acquisition of five businesses in the United States and Canada from two sellers. In Canada: Shadow Shield: A distributor of paint protection film and window film to customers in Canada with locations in Calgary, Alberta and Mississauga, Ontario. Shadow Tint: An installer of paint protection and window film operating in Calgary, Alberta. North 1 Technologies: A software company providing software and patterns for cutting paint protection film to customers around the world under the FilmWraps brand. In the United States: One Armor: An Installer of paint protection and window film in Phoenix, Arizona. Tint Net: A high-volume installer of automotive window film providing on-site service serving mostly mid-range new car dealerships in Arizona. The combined purchase price of these acquisitions is approximately $20.1M and is subject to customary adjustments, including working capital adjustments. These acquisitions closed on October 1, 2021.
BTN IMAX

Hot Stocks

08:38 EDT Strong/MDI, IMAX partners for largest IMAX screen globally - Strong/MDI Screen Systems, Inc., a Ballantyne Strong (BTN) company, announced that it has partnered with IMAX (IMAX) to deliver a record breaking-screen at the Traumpalast Multiplex in Leonberg, Germany. Covering a 574-seat IMAX auditorium, the Strong/MDI screen pushes the boundaries of visual experience to a new level. The IMAX screen is an impressive 69 feet high and 125 feet wide and weighs over 500 pounds, another IMAX record. It was manufactured in Joliette, Canada and coated on site by Strong/MDI professionals due to its massive measurements.
ADBE AMAT

Hot Stocks

08:38 EDT Adobe appoints Dan Durn as executive vice president, CFO - Adobe (ADBE) announced the appointment of Dan Durn as executive vice president and chief financial officer, or CFO, effective October 18, 2021. Durn will assume the CFO role from Adobe executive vice president and CFO John Murphy, who announced his retirement earlier this year. Durn will report to Adobe president and CEO Shantanu Narayen and will oversee Adobe's Accounting, Business Operations and Pricing, Financial Planning and Analysis, Financial Reporting, Investor Relations, Internal Audit, Payroll, Procurement, SEC Reporting, Tax, and Treasury functions. Durn joins Adobe from Applied Materials (AMAT), where he has been CFO since 2017.
AMAT ADBE

Hot Stocks

08:37 EDT Applied Materials appoints Bob Halliday as interim CFO - Applied Materials (AMAT) announced that Dan Durn, Senior Vice President and CFO is departing the company on Oct. 15 to become the CFO at Adobe (ADBE). Former Applied Materials CFO Bob Halliday has been appointed interim CFO and is serving in the role until a successor is in place. Applied's guidance for the fourth quarter of fiscal 2021 is unchanged.
CCDBF

Hot Stocks

08:36 EDT CCL Industries enters agreement to acquire Desarrollo e Investigacion, Fuzetouch - CCL Industries announced it has signed a binding agreement to acquire Desarrollo e Investigacion and Fuzetouch PTE headquartered in San Luis Potosi, Mexico. D&F together are a leading supplier of graphic interface control panels and assemblies serving large global customers in the consumer electronics and medical markets throughout the USMCA region. For the twelve months ending December 31, 2020, consolidated sales and estimated adjusted EBITDA were $31.3M and $8.1M, respectively. The acquisitions will be asset transactions including an equity interest in a related maquiladora with a combined valuation, net of cash and debt, of approximately $50.7M, subject to customary closing adjustments. Closing is planned before the end of the year, the new business will then trade as CCL Design.
FYBR

Hot Stocks

08:36 EDT Frontier Communications appoints Pint as Chief Digital Information Offcier - Frontier Communications announced Melissa Pint has been appointed Chief Digital Information Officer. Pint will report directly to President and Chief Executive Officer Nick Jeffery and oversee digital operations and architecture, enterprise technology architecture, business processes and enhancing customer engagement initiatives. Most recently, she served as Senior Vice President and Head of Technology at JCPenney.
PAYA EFX

Hot Stocks

08:34 EDT Paya Holdings appoints Sid Singh to board of directors - Paya (PAYA) announced the appointment of Sid Singh to its Board of Directors. Mr. Singh currently serves as President, United States Information Solutions at Equifax (EFX), a global data, analytics and technology company and is responsible for delivering more than $2 billion in annual enterprise revenue in the technology-enabled data and analytics industry.
XM

Hot Stocks

08:33 EDT Qualtrics completes acquisition of Clarabridge - Qualtrics announced that it has completed its acquisition of Clarabridge. "With Clarabridge, Qualtrics is adding industry-leading conversational analytics to its platform, the gold standard for engaging with customers and employees. Clarabridge's sophisticated AI-powered platform allows companies to discover and analyze customer feedback from indirect sources such as support conversations, chat, social media posts, review sites and others," the company said. "With our acquisition of Clarabridge, we're accelerating our growth and leadership as the world's #1 experience management company and taking the category we created to an entirely new level," said Zig Serafin, Qualtrics CEO. "Together, we'll give companies even greater power to build deep, trusted relationships with their customers and employees and deliver incredible experiences that everyone will love. We're excited to welcome Mark and the entire Clarabridge team to Qualtrics."
DXR

Hot Stocks

08:32 EDT Daxor recieves $200K matching fund award from Launch Tennessee - Daxor Corporation announced Launch Tennessee has awarded Daxor Corporation a SBIR/STTR matching fund grant for Daxor's Phase II award from the Department of Defense in the amount of $200K for the development of its next-generation point-of-care blood volume analyzer.
ANIX

Hot Stocks

08:32 EDT Anixa Biosciences announces Notice of Allowance for additional patent - Anixa Biosciences announced that the U.S. Patent and Trademark Office has issued a Notice of Allowance broadening protection of Anixa's novel Chimeric Antigen Receptor-T cell cancer treatment technology, known as its Chimeric Endocrine Receptor T-cell, or CER-T approach, or more specifically, "Follicle Stimulating Hormone Receptor-Mediated CAR-T technology," which has been licensed from The Wistar Institute and is being developed in partnership with Moffitt Cancer Center.
EBET

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08:29 EDT Esports Technologies jumps 19% to $40 after deal to acquire Aspire's B2C unit
GLRE

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08:26 EDT Greenlight Capital Re appoints Brian O'Reilly as head of innovations - Greenlight Capital Re has appointed Brian O'Reilly as Head of Innovations. O'Reilly joined Greenlight Re in 2013 and has held a variety of roles within the actuarial and underwriting teams. In 2018, he was part of the founding team of Greenlight Re Innovations. Greenlight Re Innovations also announced the appointment of Alex Whitney as an Innovations Associate and the promotion of Elliot Vernon to Innovations Associate. Prior to joining Greenlight Re, Alex was an investor with ManchesterStory, a venture capital firm specializing in insurtech, fintech and digital health companies.
GE

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08:25 EDT General Electric recommends shareholders reject 'mini-tender' offer by TRC - GE announced that it received notice of an unsolicited "mini-tender" offer by TRC Capital Investment Corporation to purchase up to 1M shares of GE common stock, which represents approximately 0.09% of the shares outstanding, at a price of $99.00 per share in cash. TRC Capital's offer price is 4.62% less than the $103.80 closing price per share of GE's common stock on September 24, 2021, the last trading day before the mini-tender offer commenced. "GE does not endorse TRC Capital's unsolicited mini-tender offer and recommends that GE shareholders do not tender their shares in the offer because the offer is at a price below the current market price for GE's shares," the company said. TRC Capital has included in the terms of its offer a condition that the closing price of GE's shares must not decrease. As a result, unless TRC Capital decides to waive this condition, GE shareholders who tender their shares in the offer would receive a below-market price for GE's shares through the tender offer.
BTTR DXLG

Hot Stocks

08:24 EDT Better Choice Company appoints Lionel Conacher, Arlene Dickinson to board - Better Choice Company announced that it has appointed two new members to its Board of Directors, Lionel Conacher and Arlene Dickinson. They will replace current serving directors, Lori Taylor and Jeff Davis, effective September 28, 2021. Conacher currently serves as Chairman of DXL Group (DXLG),. Dickinson is widely recognized for her role as a Dragon / Venture Capitalist for over 12 seasons on the multi-award-winning CBC television series, Dragons' Den.
FATE

Hot Stocks

08:22 EDT Fate Therapeutics announces presentation at SITC annual meeting - Fate Therapeutics announced that one oral and four poster presentations for the Company's induced pluripotent stem cell product platform were accepted for presentation at the 36th Annual Meeting of the Society for Immunotherapy of Cancer being held November 10-14, 2021. The oral presentation will highlight preclinical data for FT536, the Company's off-the-shelf, multiplexed-engineered, iPSC-derived, chimeric antigen receptor NK cell product candidate that uniquely targets the alpha3 domain of the MHC class I related proteins A and B. In a recent publication in Cancer Immunology Research, Kai W. Wucherpfennig, M.D., Ph.D., Chair of the Department of Cancer Immunology and Virology at the Dana-Farber Cancer Institute and co-leader of the Cancer Immunology Program at Dana-Farber / Harvard Cancer Center, demonstrated that cancers with loss of MHC Class I expression can be effectively targeted with MICA/B alpha3 domain-specific antibodies to restore NK cell-mediated immunity against solid tumors. The FT536 program is supported by an exclusive license from the Dana-Farber Cancer Institute to intellectual property covering novel antibody fragments binding MICA/B for iPSC-derived cellular therapeutics. The Company expects to submit an Investigational New Drug application for FT536 in the fourth quarter of 2021 for the treatment of advanced solid tumors, including in combination with monoclonal antibody therapy. Poster presentations at SITC will include preclinical data on new functional elements that the Company is evaluating for incorporation into its iPSC-derived cell product candidates for solid tumors. These synthetic features include engineered chemokine receptors, which the Company has demonstrated can enhance the trafficking and homing of iPSC-derived CAR T cells to tumors, and synthetic TGFbeta re-direct receptors, which the Company has shown can exploit immuno-suppressive cytokines found in the tumor microenvironment to potentiate iPSC-derived CAR T cells and improve anti-tumor activity.
RIOT...

Hot Stocks

08:22 EDT Crypto names surge as bitcoin jumps above $47,000 - The price of bitcoin is extending its gains from yesterday with an overnight rally above the $47,000 level. Stocks levered to bitcoin prices are also sharply higher in pre-market trading, with Riot Blockchain (RIOT) up 7.2%, Marathon Digital (MARA) up 9.1%, and Coinbase Global up 3.6%.
MS

Hot Stocks

08:21 EDT Morgan Stanley Capital Partners completes sale of PPC Flexible Packaging - Investment funds managed by Morgan Stanley Capital Partners announced the sale of PPC Flexible Packaging to GTCR. As part of the transaction, PPC management will continue to lead the company and retain a significant minority stake. Financial terms of the transaction were not disclosed. "PPC was MSCP's first investment in, and marks its first exit from, the packaging space, which has been a core sub-sector within MSCP's broader Industrials effort," the company said. Since the investment in PPC, MSCP has also made control investments in Comar and AWT Labels & Packaging.
CBAY

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08:20 EDT CymaBay announces presentations at The Liver Meeting - CymaBay Therapeutics announced that multiple presentations of results from clinical and preclinical studies of seladelpar will be delivered during The Liver Meeting Digital Experience 2021 of the American Association for the Study of Liver Diseases, which will be held online November 12th - 15th. An oral presentation titled "Long-Term Safety and Efficacy of Seladelpar in Patients with Primary Biliary Cholangitis"1 will be delivered by Dr. Marlyn J. Mayo, MD, Professor and Liver Disease Specialist, University of Texas Southwestern Medical Center. This presentation will highlight the efficacy and safety of seladelpar during 2 years of treatment in patients with primary biliary cholangitis. The mean percent change in alkaline phosphatase from baseline was -42% and -50% after 1 and 2 years, respectively. Over 2 years, there were sustained reductions in ALT, AST, and GGT. Total bilirubin and platelet levels remained stable. Seladelpar appeared safe and well-tolerated. These data support that long-term treatment with seladelpar resulted in continued improvement in markers of cholestasis after 1 year. A second clinical presentation titled "Efficacy and Safety of Seladelpar in Patients with Compensated Cirrhosis and Evidence of Portal Hypertension due to Primary Biliary Cholangitis" will be delivered by Dr. Cynthia Levy, MD, Professor of Medicine, University of Miami. This electronic poster presentation will highlight the treatment effects of seladelpar in compensated cirrhotic patients with portal hypertension after 3 months, which led to ALP changes of -30% in the 5 mg and -45% in the 10 mg groups. Total bilirubin, platelets, albumin, and INR either improved or remained stable. Seladelpar appeared safe and well-tolerated. Efficacy, safety, and tolerability in patients with compensated cirrhosis and portal hypertension was comparable to that of non-cirrhotic patients. In addition, a preclinical poster presentation will highlight seladelpar's effects on reducing established fibrosis in both the liver and kidneys of a non-obese diabetic inflammation and fibrosis mouse model.
ROIV MAAC

Hot Stocks

08:19 EDT Roivant Sciences announces close of Montes Archimedes business combination - Roivant Sciences (ROIV) announced that it has closed its business combination with Montes Archimedes Acquisition Corp. (MAAC), a special purpose acquisition company, as well as a concurrent PIPE financing. Outstanding shares and warrants of MAAC have been exchanged for newly issued Roivant shares and warrants, which will begin trading on Nasdaq under the ticker symbols "ROIV" and "ROIVW" later today. At the close of this transaction on September 30, 2021, Roivant's consolidated cash position is approximately $2.5 billion. In addition, the company announced that Richard Pulik has joined Roivant as Chief Financial Officer. Mr. Pulik brings over twenty years of industry experience. Prior to joining Roivant, Mr. Pulik was the Global Head of Business Development & Licensing and Portfolio Management, Oncology at Novartis and a member of Novartis's Innovation Management Board and the Novartis Oncology Leadership Team.
RUBY

Hot Stocks

08:17 EDT Rubius Therapeutics announces preclinical data for RTX-224 - Rubius Therapeutics announced it will present preclinical data for RTX-224, a broad immune costimulatory agonist for the treatment of cancer, at the upcoming Society for Immunotherapy of Cancer's 36th Annual Meeting which is being held from November 10-14, 2021, in Washington, D.C., and virtually. RTX-224 is an allogeneic cellular therapy that is engineered to express hundreds of thousands of copies of 4-1BB ligand and interleukin-12 on the cell surface. RTX-224 is designed as a broad immune agonist of both adaptive and innate responses, activating CD8+ and CD4+ T cells, promoting antigen presentation and activating and expanding NK cells. It is expected to produce a broad and potent anti-tumor T cell response, an innate immune response and have anti-tumor activity in those tumor types with known sensitivity to T cell killing, including tumor types with high mutational burden, PD-L1 expression and prior responsiveness to checkpoint inhibitors.
BKR

Hot Stocks

08:17 EDT Baker Hughes' Subsea Drilling Systems, Akastor's MHWirth complete merger - The merger of Baker Hughes' Subsea Drilling Systems business and Akastor wholly-owned subsidiary, MHWirth, has been completed to form a global offshore drilling equipment company. The new company will be known as HMH, and as previously announced, Baker Hughes and Akastor own equal equity in the company. HMH aims to "support the industry's transition toward more energy-efficient solutions, as well as deploying technologies and service solutions to make the sector more competitive through increased drilling efficiency," the company said. "This is a very exciting transaction for the industry, our customers, shareholders and employees. We are combining two of the best-known equipment manufactures in our industry to create HMH, building on a best-in-class portfolio and unparalleled full-service approach," commented Merrill A. "Pete" Miller, the Chairman and CEO of HMH. Mr. Miller went on to say that "at a time of worldwide energy transition, HMH has the expertise to help the entire industry move towards more energy-efficient drilling and other sustainable energy solutions."
FMNB CLDB

Hot Stocks

08:17 EDT Farmers National, Cortland Bancorp announce election deadline - Farmers National Banc Corp. (FMNB), the holding company for The Farmers National Bank of Canfield, and Cortland Bancorp (CLDB), the holding company for The Cortland Savings and Banking Company, today announced an election deadline of 5:00 p.m., Eastern Standard Time, October 25, 2021 for shareholders of Cortland to elect the form of consideration they wish to receive for their shares of Cortland common stock in connection with the proposed merger of Cortland with and into FMNB Merger Subsidiary IV, LLC, a newly-formed, wholly-owned subsidiary of Farmers, pursuant to the Agreement and Plan of Merger, dated as of June 22, 2021, by and among Farmers, Merger Sub and Cortland. The Election Deadline may be extended, in which case Farmers and Cortland will issue a press release announcing the new election deadline. As previously announced, shareholders of Cortland can elect to receive, for each Cortland common share held, either cash or Farmers common shares in connection with the Merger, although such elections are subject to proration, adjustment and certain limitations as set forth in the Merger Agreement, which are described in the joint Proxy Statement/Prospectus dated September 23, 2021, relating to the Merger. Shareholders of Cortland are reminded that if they wish to make an election, they must complete, sign and return a Letter of Transmittal and Election Form to Computershare Trust Company, N.A., as exchange agent, by the Election Deadline. Shareholders of Cortland who hold their common shares through a broker, dealer, commercial bank, trust company or other fiduciary, or through Cortland's 401(k) plan, may have an earlier election deadline and should carefully review any instructions received from their broker, dealer, commercial bank, trust company, other fiduciary or plan administrator. The documents necessary for shareholders of Cortland to make an election for their Merger consideration were mailed beginning September 27, 2021.
GLDD

Hot Stocks

08:15 EDT Great Lakes Dredge appoints Scott Kornblau as SVP, CFO - Great Lakes Dredge & Dock has appointed Scott Kornblau as its Senior Vice President and Chief Financial Officer effective immediately. In his role, Kornblau will be responsible for overseeing the company's financial operations including investor relations and strategic and profitable growth opportunities, while managing various accounting functions and information technology. Based in Houston, he will serve on the company's executive team and report to the President and CEO, Lasse Petterson. He succeeds Mark Marinko who has left the company to pursue other opportunities in the Chicago area. Prior to joining GLDD, Kornblau held various finance and leadership positions at Diamond Offshore Drilling, Inc., and most recently served Senior Vice President and Chief Financial Officer.
TMCI

Hot Stocks

08:14 EDT Treace Medical treats first patient in Mini3D Lapiplasty study - Treace Medical Concepts announced treatment of the first patient in the Mini3D Lapiplasty(R)clinical study. The study will evaluate outcomes using the Lapiplasty Mini-Incision System.
IONQ DMYI

Hot Stocks

08:13 EDT IonQ closes business combination with dMY Technology Group - IonQ (IONQ) completed its previously announced business combination with dMY Technology Group (DMYI) on September 30, 2021. Starting this morning, the common stock and warrants of the combined company, IonQ, will be listed on the New York Stock Exchange under the ticker symbols "IONQ" and "IONQ.WS," respectively. "IonQ is a trailblazer in quantum computing with the world's most powerful trapped-ion quantum computer, and is the only company with its quantum systems available through the cloud on Amazon Braket, Microsoft Azure, and Google Cloud," the company said. This business combination provided IonQ with $636M in gross proceeds to fund future growth and accelerate the commercialization of its quantum computers. "Quantum is here, and IonQ is leading the industry with our revolutionary trapped-ion technology," said Peter Chapman, President and CEO of IonQ. "Over the past six years, we have taken this critical technology out of the lab and have developed it into a commercial product. This year, we are proud to have tripled our bookings expectations for 2021, and are further thrilled to have announced collaborations with Goldman Sachs, Fidelity Center for Applied Technology, GE Research and the University of Maryland. We are humbled by the interest in our public listing and are confident in our ability to deliver against our business plan. I'm incredibly grateful to the entire IonQ ecosystem of employees, customers and stakeholders - this is just the beginning."
DCRC

Hot Stocks

08:13 EDT Solid Power awarded up to $12.5M to develop nickel-, cobalt-free battery cells - Solid Power, in the process of merging with Decarbonization Plus Acquisition Corporation III, announced an award from the Intelligence Advanced Research Projects Activity for a multi-phase, multi-year research contract to develop nickel- and cobalt-free all-solid-state battery cells. Solid Power expects to receive up to $12.5M to complete the project through the life of the contract. During the IARPA Robust Energy Sources for Intelligence Logistics in Extreme Novel and Challenging Environments project, Solid Power plans to collaborate with the University of Maryland to develop a nano-scale iron sulfide pyrite cathode that is largely comprised of iron and sulfur. Solid Power's objective is to produce multi-layer cells meeting intelligence application needs for high energy density, high power density, long calendar life, quiet operation, and robustness to extreme environmental conditions. This effort leverages Solid Power's next generation advanced cathode formulation, which has the potential to cut cathode active material cost by over 90 percent. The IARPA award substantiates the flexibility of Solid Power's All-Solid-State Platform technology, which can enable high energy electrode materials not suitable in lithium-ion or other liquid-based cell architectures and provides an opportunity to demonstrate the potential benefits of next-generation chemistries ahead of introduction into automotive applications. As announced on June 15, 2021, Solid Power has entered into a definitive agreement for a business combination with DCRC, a publicly traded special purpose acquisition company, that would result in Solid Power becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions and is expected to occur in the fourth quarter of 2021.
VRA

Hot Stocks

08:11 EDT Vera Bradley to donate percentage of October sales to breast cancer research - Vera Bradley announced items purchased in its new "Hope Blooms" and "Hope Blooms Pink" prints during National Breast Cancer Awareness Month will directly benefit breast cancer research. Now through October 31, 2021, 5% of the purchase price of all Vera Bradley Hope Blooms and Hope Blooms Pink styles will be donated to the Vera Bradley Foundation for Breast Cancer.
SGAM

Hot Stocks

08:11 EDT Seaport Global Acquisition, Redbox announce filing of definitive proxy statement - Seaport Global Acquisition (SGAM) announced that Seaport Global Acquisition's definitive proxy statement relating to the previously announced business combination with Redbox has been filed with the U.S. Securities and Exchange Commission on September 29, 2021. Stephen Smith, Chairman and CEO of Seaport Global Acquisition said, "When we announced this business combination in May, we knew Redbox had an established, differentiated customer base and a unique, innovative digital offering that would provide substantial value to both consumers and investors alike. Today, we are more confident than ever in the significant opportunities ahead for Redbox, and are excited to partner with the team to take the business to the next level."
PGEN

Hot Stocks

08:11 EDT Precigen Acto Bio reports positive interim data from Phase 1b/2a study of AG019 - Precigen ActoBio, a wholly-owned subsidiary of Precigen, announced additional positive interim data from the ongoing Phase 1b/2a clinical study investigating AG019 ActoBiotics for the treatment of recent-onset type 1 diabetes. Results were presented in an oral presentation entitled, "AG019 ActoBiotics as monotherapy or in association with teplizumab in recent-onset type 1 diabetes was safe and demonstrated encouraging metabolic and immunological effects" at the European Association for the Study of Diabetes 57th Annual Meeting by Chantal Mathieu, MD, PhD, Professor of Medicine at the Katholieke Universiteit Leuven, Belgium. Findings include: AG019 monotherapy and AG019 combination therapy resulted in stabilization of HbA1c and IDAA1c levels, important indicators of long-term glycemic control associated with reduced risk of microvascular complications in T1D patients. Mechanistic analysis showed AG019 treatment resulted in reduction of conventional T-cells with an inflammatory phenotype. New metabolic results strengthen previously reported data on C-peptide and antigen-specific immune modulation for the AG019 monotherapy and AG019 combination therapy. Monotherapy results suggest the potential for AG019 as a standalone therapeutic agent for T1D.
TMBR

Hot Stocks

08:10 EDT Timber Pharmaceuticals presents results form Phase 2a study of TMB-001 - Timber Pharmaceuticals announced that it is presenting at the European Academy of Dermatology and Venereology's 30th anniversary congress being held virtually from September 29-October 2, 2021. The topic of the Company's presentation is the results from its previously completed Phase 2a study in 2018 which evaluated TMB-001 in patients with lamellar or X-linked congenital ichthyosis. TMB-001 is a topical isotretinoin formulated using Timber's patented IPEG delivery system. The Phase 2a study results demonstrated no concerning safety signals and no evidence of significant systemic exposure to isotretinoin or tretinoin after 12 weeks of treatment. Most participants in the study experienced greater than or equal to1-grade Investigator Global Assessment score reduction and improvement in clinical signs and symptoms of moderate or severe CI. Importantly, patients experienced greater than or equal to75% improvement of one point from baseline in scaling by IGA measurement and 100% of TMB-001 treated patients were considered to have had their scaling clear, almost clear, or mild by day 57. In 2018, the U.S. Food & Drug Administration awarded TMB-001 a $1.5 million grant to support Phase 2a and Phase 2b clinical trials through its Orphan Products Clinical Trials Grant program. Timber expects to report topline data from the Phase 2b CONTROL study in the fourth quarter of 2021 and is planning for an end-of-Phase 2 meeting with the FDA by the end of the year. CI is a group of rare, genetic keratinization disorders that lead to dry, thickened, and scaling skin. People living with CI may have limited range of motion, chronic itching, an inability to sweat, high risk of secondary infections, and impaired eyesight or hearing. The management of CI is a life-long endeavor, which remains largely symptomatic and commonly focused on reducing scaling and/or skin lubrication with both systemic and topical treatments. The two-part, multicenter, double-blind Phase 2a study evaluated the safety, tolerability, and efficacy of TMB-001 for the treatment of CI in patients greater than 12 years of age. A total of 19 participants were randomized 1:1 to 0.1% or 0.2% concentrations of TMB-001 and were required to have two comparable contralateral treatment areas that covered no more than 6% of body surface and were greater than 150cm2 with identical baseline IGA scores greater than or equal to3. Seven participants discontinued the study, including two who discontinued due to treatment-emergent adverse events including mild application site folliculitis and four who withdrew consent from study participation. Other mild or moderate adverse events reported included rash, irritation, pruritus, and pain at the application site as well as contact dermatitis. In part one of the study, one of the two areas was randomly treated with either concentration of active drug, while the second area was treated with vehicle twice daily for eight weeks. Treatment with 0.1% concentration of TMB-001 led to a greater proportion of participants achieving an improvement in greater than or equal to1- and greater than or equal to2-grade IGA score versus vehicle. For 0.2% concentration of TMB-001, participants receiving active drug achieved similar greater than or equal to1- and greater than or equal to2-grade IGA improvement versus vehicle. Additional efficacy analyses from part one of the study show the following: When directly comparing improvements at day 57, the proportions of participants where IGA scores were greater than or equal to1 grade lower for 0.1% and 0.2% concentration of TMB-001 versus vehicle were 66.7% and 37.5%, respectively. TMB-001 0.1% and 0.2% treatment areas showed improvements in IGA score of greater than or equal to1 grade at day 57 versus baseline in erythema, scaling, fissuring, and papulation/lichenification. By day 57, the proportion of patients with reduction of scaling to clear, almost clear, or mild was higher in patients treated with TMB-001 0.1% or 0.2% when compared with vehicle. In part two of the study, both areas received the same active treatment for four weeks. Continued active treatment areas were assessed as clear, almost clear, or mild by IGA assessment in 85.7% and 60% of participants for TMB-001 0.1% and 0.2% by day 84, respectively. Additional efficacy analyses from part two of the study show the following: All participants receiving TMB-001 0.1% had greater than or equal to1-grade total IGA score reduction versus baseline in both treatment areas, and most patients had greater than or equal to2-grade total IGA improvement versus baseline. For TMB-001 0.2%, greater than or equal to1- and greater than or equal to2-grade IGA reductions were observed in 80% and 60% of participants, respectively, for both treatment areas. By the end of the study, most participants in both treatment groups had greater than or equal to1-grade IGA score improvement in all clinical signs and symptoms, including erythema, scaling, fissuring, and papulation/lichenification for both treatment areas. Pharmacokinetic analyses conducted in five evaluable participants show that plasma concentrations of isotretinoin and tretinoin indicated systemic exposure minimally increased from baseline four hours after initial application, and trough concentrations measured 12 hours following application were within range of baseline levels through day 84.
IP SLVM

Hot Stocks

08:08 EDT International Paper completes spin-off of Sylvamo - International Paper (IP) announced the completion of its previously announced separation and spin-off of its global printing papers business, now operating as Sylvamo (SLVM). Each International Paper shareholder received one share of Sylvamo common stock for every eleven shares of International Paper common stock held on the record date. International Paper continues to own approximately 19.9% of the outstanding shares of Sylvamo common stock. Sylvamo common stock is expected to begin "regular way" trading on the New York Stock Exchange on October 1 under the symbol "SLVM" and the CUSIP number 871332 102.
CNI...

Hot Stocks

08:08 EDT CN issues response to TCI's 'misleading' claims - CN (CN) responded to the numerous "misleading claims and inconsistencies" in recent disclosures by CIFF Capital and TCI, which, in addition to being a shareholder of CN is the largest shareholder of Canadian Pacific (CP), CN's direct competitor and Canada's second-largest Class 1 railroad. The company said, "As CN highlights, these erroneous claims include: False or misleading characterizations of CN's performance; Inaccurate description of financial risks associated with CN's bid for Kansas City Southern (KSU) and refusal to acknowledge that CN walked away with an incremental $700 million amongst other strategic benefits; Failure to provide a credible or differentiated plan; and Failure to acknowledge concerns over the fact that TCI is the largest shareholder of CN's principal competitor." "CN has announced an ambitious strategic plan to deliver immediate and long-term shareholder value, while retaining our commitment to safety, customer service and the communities we serve. This plan builds on the investments we have made in technology and capacity over the past three years to drive long-term sustainable growth in total revenues and operating margins. CN maintains an open and constructive dialogue with its shareholders, including discussions about areas where we can improve our business performance, but we will not indulge unfounded and bad-faith arguments that serve the interests of one shareholder over others - or of one of our competitors over CN. CN's Board and senior management team are intently focused on putting forward ideas, initiatives and people that drive us forward to where CN and the railroad industry are going, not where it's been," said JJ Ruest, President and Chief Executive Officer of CN.
BWMN

Hot Stocks

08:06 EDT Bowman Consulting acquires Triangle Site Design - Bowman Consulting Group announced the acquisition of the assets of Triangle Site Design headquartered in Raleigh, NC. Triangle delivers civil engineering and land planning services to clients throughout the Research Triangle area of North Carolina. "We are excited to welcome Matt and his team to Bowman," said Gary Bowman, CEO of Bowman. "We've been looking for the right opportunity to establish a presence in Raleigh and Triangle is an ideal way to make that happen. Matt and his team will be key to helping expand our presence throughout the Carolinas. This acquisition aligns with our strategic initiatives for growth and expansion."
UCBI

Hot Stocks

08:05 EDT United Community Banks announces completion of merger with Aquesta Financial - United Community Banks has completed its merger, effective October 1, 2021, with Aquesta Financial Holdings, including its wholly-owned subsidiary, Aquesta Bank, which was merged into United's bank subsidiary, United Community Bank. Aquesta will now operate under the United brand. Aquesta brings a premier franchise focused on providing personal service to business owners and individuals who care about their community. Their nine branches, located in Charlotte's most attractive markets and also in the coastal city of Wilmington, North Carolina, will add to United's high growth footprint. As of June 30, 2021, Aquesta reported total assets of $739 million and $641 million in deposits. Ninety-three percent of Aquesta' s deposits were non-CD, core deposits.
NARI

Hot Stocks

08:04 EDT Inari Medical appoints Dana Mead to borad of directors - Inari Medical announced the appointment of Mr. Dana G. Mead, Jr. to its board of directors. Mr. Mead will serve as a member of the Compensation Committee of the board. From May 2019 to February 2021, Mr. Mead served as President and CEO of HeartFlow, Inc., a medical device company located in Redwood City, CA.
EVRI

Hot Stocks

08:04 EDT Everi Holdings acquires certain strategic assets of Meter Image Capturing - Everi Holdings announced that it is acquiring certain strategic assets of Meter Image Capturing, a privately owned provider of progressive meter reporting technology that utilizes optical and voice recognition to accurately record and store all progressive meter data of electronic gaming machines on a casino gaming floor, significantly enhancing the process and reducing time casino operators spend on this daily task. The acquisition was funded from existing cash on hand and Everi expects the acquisition to be accretive to earnings and operating cash flow. Financial terms were not disclosed.
FMAO

Hot Stocks

08:03 EDT Farmers & Merchants completes acquisition of Perpetual Federal Savings Bank - Farmers & Merchants Bancorp announced that it has completed the acquisition of Perpetual Federal Savings Bank. F&M now operates 31 full-service offices with total deposits of $2.23 billion and total loans of $1.81 billion. With the addition of PFSB, F&M has total assets of approximately $2.64 billion, and provides financial services through its offices within Ohio and Indiana, as well as LPOs in Ohio, Indiana, and Michigan. PFSB branch signage will transition to Farmers & Merchants State Bank on October 4, 2021 and the system conversion will occur on October 18, 2021.
EBET

Hot Stocks

08:02 EDT Esports Technologies to acquire Aspire Global's B2C business in $75.9M deal - Esports Technologies announced the execution of a definitive agreement for the acquisition of Aspire Global's B2C business in a $75.9M transaction, including $58.3M in cash, $11.7M in a promissory note and approximately $5.9M worth of common stock. The closing of the acquisition is subject to Esports Technologies' receipt of financing, as well as other closing requirements. The transaction is expected to close by November 30. Under the terms of the deal, Esports Technologies will acquire Aspire's portfolio of B2C proprietary online casino and sportsbook brands, including Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. Strategically, Esports Technologies intends to utilize the multiple-brand acquisition to cross-sell esports wagering opportunities to increase its esports revenue, player bet transactions, and customers. In the most recent 12-month period ending June 2021, Aspire Global's B2C revenue was $73.9M and its EBITDA was $8.2M. During the same period, the B2C business recorded wagering of $1.8B and over 1.3B bets. Upon completion of the acquisition, Aspire and Esports Technologies will enter into an agreement where Aspire will provide four years of managed services for the acquired brands, ensuring operational continuity while allowing Esports Technologies to scale its operations in key markets.
ASTE

Hot Stocks

08:02 EDT Astec enters strategic partnership with CarbonCure Technologies - ASTEC has entered a strategic partnership with CarbonCure Technologies whose product enables concrete producers to reduce their carbon footprint without sacrificing its quality and strength. The collaboration is a step forward for ASTEC as the company strengthens its commitment to sustainability under its OneASTEC business model. The interest in low carbon concrete is increasing due to government regulations and incentives, requirements for green building certifications, and corporate sustainability initiatives. ASTEC, which includes RexCon, CON-E-CO and BMH Systems brands, has rights as CarbonCure's exclusive channel partner in the U.S. and Canada to offer its technology to customers looking for sustainable building solutions. Because the building and construction sector is responsible for 40 percent of global carbon emissions, environmental experts recommend Carbon Dioxide emissions be reduced in the built environment to positively impact global warming. Concrete has a large carbon footprint due to cement production. CarbonCure's technology easily integrates within ASTEC's new and existing ready mix concrete plants. Their equipment reduces embodied carbon by injecting CO2 during the batching process, sequestering it within the concrete. Additionally, the CO2 creates a chemical reaction resulting in a strong, high-performing concrete while utilizing less cement. According to CarbonCure's test data, the concrete made with its technology maintains the same quality and benefits as traditional concrete mix designs. Increasing sustainable products and services to customers is one way ASTEC is approaching its sustainability commitment.
BKYI

Hot Stocks

07:58 EDT BIO-key to showcase identity-bound biometric solutions at Connect:ID - BIO-key International announced the company will be a sponsor and exhibitor at the 2021 Connect:ID Identity Conference and Exhibition, which will be held at the Walter E. Washington Convention Center in Washington, DC from October 5-6. BIO-key will be available for Q&A sessions and live demonstrations of their Identity-Bound Biometric software and hardware solutions at booth 441. In addition, BIO-key's own Michael DePasquale, Chairman and CEO, and Jim Sullivan, Senior Vice President of Strategy and Compliance and CLO, will be featured experts on multiple agenda sessions.
CYBN

Hot Stocks

07:50 EDT Cybin retains services of ROK Consulting - Cybin announces it has retained the services of ROK Consulting, an investor communications and public relations company, to "play a key role in assisting the company enhance its market awareness, communications strategy, and engagement with leading financial and institutional market participants," the company said. ROK has agreed to comply with all applicable securities laws and the policies of all applicable stock exchanges in providing services to the company. Under the terms of the ROK engagement, which is for an initial three-month period, ROK will be paid $500,000 per month and will be granted options to acquire up to 500,000 common shares in the capital of the Company exercisable at a price of CDN$2.78 per share until December 31, 2022.
GTHX

Hot Stocks

07:49 EDT G1 Therapeutics announces permanent J-Code from CMS for COSELA - G1 Therapeutics announced that the permanent J-code for COSELA that was issued in July 2021 by the Centers for Medicare & Medicaid Services is now effective for provider billing for all sites of care. The permanent J-code for COSELA, J1448, published online on the CMS website.. J-codes are permanent, product specific reimbursement codes assigned to outpatient and physician administered "buy and bill" products under Medicare Part B and are used by commercial insurers and government payers to facilitate and standardize claims submissions and reimbursements for medications like COSELA. With the permanent J-code now in effect, all hospital outpatient departments, ambulatory surgery centers and physician offices in the United States will have one consistent Healthcare Common Procedure Coding System code to standardize the submission and payment of COSELA insurance claims across Medicare, Medicare Advantage, Medicaid and commercial plans. G1's new technology add-on payment for COSELA which provides additional payment to inpatient hospitals above the standard Medicare Severity Diagnosis-Related Group payment amount also became effective for provider billing today, October 1, 2021.
BRKR

Hot Stocks

07:48 EDT Bruker receives orders for two 1.1 GHz NMR Avance Neo systems - Bruker announced that it has received orders for two 1.1 GHz NMR Avance Neo systems from U.S. academic institutions funded by the National Science Foundation, or NSF. NSF awarded the funds to establish the Network for Advanced NMR, or NAN, linking three institutions including the University of Connecticut School of Medicine, the University of Georgia and University of Wisconsin-Madison. NAN is a novel consortium with the goal to establish a distributed network of ultra-high field NMR spectrometers that tackle important scientific problems and train the next generation of life and materials scientists. The NAN consortium will operate with a 'hub and spoke' model that adapts to meet evolving scientific and disease biology research needs. The hub at the University of Connecticut will facilitate access to state-of-the-art NMR instrumentation, experimental protocols, and expertise from US researchers. One 1.1 GHz NMR system will be installed at University of Wisconsin - Madison for solid-state NMR research, while the second system will be installed at the University of Georgia for solution-state NMR studies.
ANTM

Hot Stocks

07:47 EDT Anthem, subsidiaries announce new Medicare advantage plans - Anthem Blue Cross and Blue Shield, Healthy Blue, Anthem MaineHealth, Amerigroup and Empire BlueCross and Empire BlueCross Blue Shield each announced expanded access to health and wellness services offered through its 2022 Medicare Advantage plans. Members will be able to choose from a package of up to nine benefits, which may include benefits such as dental, vision, and hearing flex card; healthy food; and in-home support. These services aim to address drivers of health, such as food insecurity, home safety, and social isolation. The Essential Extras package will give members the ability to choose, at no extra cost, one benefit available through the package to help meet their healthcare needs. The package, depending on the location, may include the services listed: Flex Card; Healthy Groceries Card; In-Home Support; Assistive Devices; Health & Fitness Tracker; Healthy Meals; Personal Home Helper; Pest Control; and Transportation. Healthy Blue will offer its 2022 Medicare Advantage plans in 56 parishes across Louisiana. Anthem MaineHealth will offer its 2022 Medicare Advantage plans in all counties across Maine. Anthem Blue Cross and Blue Shield will offer its 2022 Medicare Advantage plans: in 76 counties across Georgia; throughout Connecticut; in all counties across Kentucky; in all counties in Indiana; in all counties in New Hampshire; in Clark, Nye, and Washoe counties in Nevada; in all counties in Ohio except for Knox; and in all counties in Virginia except for Accomack. Empire will offer its 2022 Medicare Advantage plans in 28 counties across New York.
DYN

Hot Stocks

07:37 EDT Dyne Therapeutics present in vivo data for DMD program - Dyne Therapeutics announced new data being presented during the 2021 Muscle Study Group Annual Scientific Meeting for its Duchenne muscular dystrophy program that demonstrate robust and durable exon skipping and dystrophin expression in both cardiac and skeletal muscles in in vivo models. DMD is a rare disease caused by mutations in the gene that encodes for dystrophin, a protein critical for the normal function of muscle cells. Dyne's FORCE platform targets the transferrin 1 receptor, which is highly expressed on the surface of muscle cells. In DMD, FORCE delivers phosphorodiamidate morpholino oligomers to muscle tissue to promote the skipping of specific DMD exons in the nucleus, allowing muscle cells to create a truncated, functional dystrophin protein and potentially stop or reverse disease progression. DYNE-251, the lead program in Dyne's DMD franchise, is being developed for patients with mutations amenable to skipping exon 51. Data presented were generated using the mdx mouse model, a validated DMD disease model which has a mutation in exon 23. In this model, Dyne's FORCE platform achieved: Robust, durable exon skipping in cardiac and skeletal muscles after a single dose; Substantial dystrophin expression after a single dose of 30 mg/kg at 4 weeks: 90% of wild-type dystrophin restoration by Western Blot with approximately 80% dystrophin-positive fibers in the diaphragm; 78% of wild-type dystrophin restoration by Western Blot with approximately 80% dystrophin-positive fibers in the heart; 46% of wild-type dystrophin restoration by Western Blot with approximately 68% dystrophin-positive fibers in the quadriceps; Durable expression and dystrophin-positive fibers detected out to 12 weeks after single dose. These new data build on previous results in the mdx model showing treatment with FORCE resulted in enhanced functional benefit in multiple standardized assessments and a reduction in serum creatinine kinase, a biomarker of muscle damage. In non-human primate studies, DYNE-251 demonstrated: Robust exon 51 skipping in cardiac and skeletal muscles after 5 weekly 30 mg/kg doses measured 8 weeks post-initial dose: 52% exon skipping in the diaphragm; 43% exon skipping in the heart; 18% exon skipping in the quadriceps. A favorable safety profile in a GLP toxicology study with no dose-limiting toxicity observed after 5 weekly doses up to a maximally feasible dose, thus supporting advancement into the clinic.
ONEXF

Hot Stocks

07:35 EDT Onex completes investment in Wealth Enhancement Group - Onex Corporation announced that Onex Partners V, Onex' $7.2B fund, and certain co-investors, including Onex, have completed their investment in Wealth Enhancement Group, in partnership with the management team and the company's existing investor, TA Associates. The company said, "WEG is a leading U.S. independent wealth management firm offering comprehensive and customized financial planning and investment management services. The firm specializes in providing retail clients with the team-based knowledge and resources they need to simplify their financial life." Of the Onex Group's total investment, Onex Corporation's share was approximately $250M through Onex Partners V and a co-investment.
ATER

Hot Stocks

07:34 EDT Aterian announces beta launch of affiliate platform DealMojo - Aterian announced the beta launch of its affiliate marketing platform, DealMojo, which connects publishers, content creators and influencers with Amazon sellers who offer bonus commissions to the Affiliates. "Aterian continues to invest in both E-Commerce innovation and diversifying its revenue stream exemplified by our launch of DealMojo," said Yaniv Sarig, Co-Founder and CEO of Aterian. "Through DealMojo, sellers on Amazon can connect directly with publishers, influencers and other affiliate marketers to promote their Amazon listings and drive more sales to their Amazon storefront. We initially created DealMojo to streamline our business with publishers and are already working with leading online sites with aggregate monthly traffic of more than 300 million monthly visitors. We are now opening up DealMojo in beta to sellers who want access to improved traffic and content for their brands."
GSS

Hot Stocks

07:34 EDT Golden Star Resources amends agreement for sale of Bogoso-Prestea mine - Golden Star Resources is pleased to announce that it has concluded negotiations with Future Global Resources Limited to restructure the consideration for the purchase of the Bogoso-Prestea mine that was completed on September 30, 2020. Highlights include: The conclusion of negotiations to restructure the consideration for the purchase of the Bogoso-Prestea mine represents a full and final settlement of all existing and future claims, together with a mutual release between Golden Star and FGR. The deferred consideration detailed in the share purchase agreement dated July 26, 2020, as supplemented by a letter agreement dated September 30, 2020, and amended by a first amending agreement dated March 28, 2021 and a second amending agreement dated May 31, 2021 will now be replaced by a net smelter return agreement which will trigger certain payments once 100,000 ounces of gold have been produced from the Prestea underground mine. The NSR payments are capped at $35M, equaling the value of the initial Deferred Consideration and the working capital balancing payment that were defined in the Share Purchase Agreement The quantum of the Sulphides Contingent Payment defined in the Share Purchase Agreement remains unchanged. Golden Star has agreed to adjust the timing of the staged payments in order to support the development of the refractory resource at Bogoso-Prestea.
WPDPF

Hot Stocks

07:32 EDT WPD Pharmaceuticals announces AGSM results - WPD Pharmaceuticals announces the results of its annual general and special meeting held September 29, 2021 in Vancouver, Canada. Re-elected as directors of the Company are Liam Lake Corcoran, Teresa Rzepczyk and Peter Novak. The Company's option plan and appointment of auditors were approved. The company said, "Because the Company has been exploring various avenues to better access much needed capital, another motion put forward by management was to vote to delist the Company's shares from trading on the CSE. The reasoning for the delisting was communicated by management in the Company's news release dated September 2, 2021. In order to protect shareholders, the directors put measures into place to ensure that minority shareholders were overwhelmingly in favour of this proposed course of action. The Delisting Resolution vote could only pass with two-thirds majority of minority shareholders, with current management and the control person's votes not counted in the tabulation." While over 50% of the minority shareholders did vote in favour of the Delisting Resolution, the numbers in favour did not reach two-thirds majority. Therefore, the Delisting Resolution was defeated and the Company will not delist its shares from trading on the CSE. The Company still faces financing challenges as previously disclosed and will consider options other than those discussed in prior news releases.
USPH

Hot Stocks

07:31 EDT U.S. Physical Therapy announces acquisition for $3.3M - U.S. Physical Therapy announced the acquisition of a company that will add to its industrial injury prevention services business. The acquired company specializes in return-to-work and ergonomic services, among other offerings. The business generates more than $2M in annual revenue. Through its Briotix subsidiary, USPH acquired the company's assets at a purchase price of approximately $3.3M. Chris Reading, Chief Executive Officer, stated "We are pleased to be able to continue to grow our industrial injury prevention services business. We believe there are good cross-selling opportunities that will come from this acquisition with Briotix's support."
MSRT

Hot Stocks

07:19 EDT MassRoots completes acquisition of Empire Services - MassRoots reports it has closed and taken effective its acquisition of Empire Services. As a result of the Empire acquisition, the company now operates 10 metal recycling facilities across Virginia and North Carolina. In the coming weeks, the Company intends to apply to uplist to the Nasdaq Capital Market or the NYSE American Market. "I believe this is a new beginning for MassRoots and under my leadership, we plan to focus on aggressively growing the Company's revenues and expanding its sources of income," stated Danny Meeks, Chairman and Chief Executive Officer of MassRoots. "Empire has been a leader in its industry since 2002 and our playbook has thrived through nearly every economic climate and a global pandemic. I look forward to applying my experience and working tirelessly on behalf of the over 30,000 loyal and supportive MassRoots shareholders."
EXC

Hot Stocks

07:17 EDT Exelon announces leadership of businesses to result from planned separation - Exelon announced the senior leadership of the transmission and distribution utility business and the competitive power generation and retail energy business that will result from the planned separation of the companies. Christopher Crane, Exelon president and CEO, will continue as CEO of the regulated utility business, which will be called Exelon, and Joseph Dominguez, currently CEO of ComEd, has been named CEO of Exelon Generation and incoming CEO of the competitive energy business, which will be called Constellation. The company also announced that Joseph Nigro, Exelon CFO, will continue as CFO of Exelon, and Daniel Eggers, currently senior vice president of corporate finance for Exelon, has been named CFO of Exelon Generation and incoming CFO of Constellation. Dominguez and Eggers will move into their new roles immediately, and Crane and Nigro will remain in their current roles. Calvin Butler, currently CEO of Exelon Utilities, will assume the role of interim CEO of ComEd, in addition to his current duties. The separation remains on track to close in the first quarter of 2022, pending completion of the remaining regulatory approvals.
CTEK

Hot Stocks

07:15 EDT CynergisTek announces six-figure agreement for PAM with existing client - CynergisTek announces a six-figure agreement for Privileged Access Management, or PAM, services with an existing Midwest health system client to safeguard identities with special access or capabilities beyond regular users. "Our healthcare clients are in the eye of the perfect storm right now," said Mac McMillan, CEO of CynergisTek, Inc. "Right as they are dealing with the impacts of one of the longest pandemics in history, the threat they face from cyber-attacks not only hasn't abated, but has increased and become more difficult, and now the cyber insurance industry has figured out that these attacks are costly and they are raising the bar for organizations to get coverage."
BMY

Hot Stocks

07:12 EDT Bristol-Myers announces EMA validates MAA for relatlimab - Bristol Myers Squibb announced that the European Medicines Agency, or EMA, has validated its Marketing Authorization Application, MAA, for the LAG-3-blocking antibody relatlimab and nivolumab fixed-dose combination for first-line treatment of adult and pediatric patients with advanced melanoma. This validation confirms completion of the submission and begins the EMA's centralized review process. "Melanoma can be a devastating disease and cases have been on the rise for years. The results from the RELATIVITY-047 trial demonstrate the potential that the relatlimab and nivolumab fixed-dose combination holds for people with advanced forms of this cancer," said Jonathan Cheng, senior vice president and head of oncology development, Bristol Myers Squibb. "If approved, this treatment would become the first of its kind available to patients in the European Union. We look forward to working with the EMA as they evaluate this combination - which includes our third distinct checkpoint inhibitor - and are proud of this first step toward making it available for patients with advanced melanoma." The filing was based on the efficacy and safety results from the Phase 2/3 RELATIVITY-047 trial, which is the first trial to demonstrate a statistically significant and clinically meaningful progression-free survival benefit of a combination therapy over standard of care anti-PD-1 monotherapy in metastatic melanoma. The U.S. Food Drug Administration has also accepted for priority review the Biologics License Application for the relatlimab and nivolumab fixed-dose combination.
AAON DVA

Hot Stocks

07:11 EDT AAON appoints Bruce Ware, David Stewart as independent directors - AAON (AAON) announced that its Board of Directors has increased the size of the Board from seven to nine members and appointed Bruce Ware and David Stewart as new independent directors to fill the vacancies, effective October 1, 2021. Ware serves as a Corporate Vice President and Group Head of Joint Venture Capital Raising for DaVita (DVA). Stewart currently serves as Chief Administrative Officer and Trustee of the Oklahoma Ordnance Works Authority located in Pryor, Oklahoma, an industrial public trust that owns and operates MidAmerica Industrial Park. Messrs. Ware and Stewart will each also serve as members on the Audit Committee of AAON's Board of Directors.
CYBN

Hot Stocks

07:10 EDT Cybin announces new additions, promotions in management team - Cybin announces: the addition of Dr. Amir Inamdar as its Chief Medical Officer for its European Operations, the addition of Dr. Geoff Varty as its new Head of Research & Development, the promotion of Lori Challenger to Chief Compliance, Ethics & Administrative Officer, and the promotion of Robert Mino to General Counsel.
BFARF

Hot Stocks

07:09 EDT Bitfarms mined 305 new bitcoin during September - Bitfarms provides a Bitcoin production update. Bitfarms' Mining Production Highlights as of September 30, 2021: Mined 305 new Bitcoin during September 2021; approximately 10 BTC mined daily. Mined 1,050 BTC in third quarter 2021, its largest quarterly BTC production rate in 2021. Mined 2,407 BTC in the first nine months of 2021. Deposited 2,312 BTC into custody through September 30, 2021, representing approximately 96% of Bitfarms' 2021 BTC production with a total value of approximately $100M based on a BTC price of $43,500. Bitfarms has received and installed the first 540 miners of 2,200 Bitmain S19j Pro and 300 MicroBT M30S miners scheduled for delivery in September. The installation of these miners has increased Bitfarms' operating hashrate to 1.53 EH/s as of September 29, 2021. Due to supply chain and shipping delays, the other 1,660 Bitmain S19j Pro miners originally scheduled for September delivery are en route and expected to be received in October. Once these miners are installed, Bitfarms' operating hashrate is expected to be approximately 1.7 EH/s, about 20% higher than our most recently announced operating hashrate of 1.4 EH/s. Beyond these deliveries, Bitfarms is scheduled to receive and install an additional 5,030 Bitmain S19j Pro and 700 MicroBT M30S miners in the fourth quarter 2021.
KORE CTAC

Hot Stocks

07:05 EDT Kore Group to begin trading on NYSE on October 1 - Kore Group Holdings (KORE) announced that it will begin trading on the New York Stock Exchange on October 1 after completing the previously announced business combination between KORE Wireless Group, and Cerberus Telecom Acquisition Corp. (CTAC).
NBRV

Hot Stocks

07:05 EDT Nabriva Therapeutics appoints Christine Guico-Pabia as CMO - Nabriva Therapeutics announced the appointment of Dr. Christine Guico-Pabia, M.D., MBA, MPH as Chief Medical Officer effective October 1, 2021. . She has previously held leadership positions at small startups and large multinational companies including McKesson, Merck, Wyeth, Pfizer, and Metagenics.
IEC

Hot Stocks

07:04 EDT IEC Electronics, Creation announce extension of tender offer - IEC Electronics and Creation Technologies jointly announced that CTI Acquisition Corp., an entity controlled by Creation, had extended the offering period of the previously commenced cash tender offer by Merger Sub to purchase all of the issued and outstanding shares of common stock of IEC to 5:00 p.m., New York City time, on October 4, 2021, unless further extended. The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on September 30, 2021. As contemplated by the terms of the merger agreement, Creation has elected to extend the offering period to complete the financing of the transaction. Computershare Trust Company, N.A., the depositary for the tender offer, has advised Creation that, as of 5:00 p.m., New York City time, on September 30, 2021, 7,483,017 shares of common stock of IEC, representing approximately 70.1% of the issued and outstanding IEC shares, were tendered pursuant to the tender offer. Stockholders who have already tendered their shares of common stock of IEC do not have to re-tender their shares or take any other actions as a result of the extension of the expiration of the tender offer. Creation expects the tender offer will be consummated promptly following the expiration of the offering period, subject to the satisfaction or waiver of the remaining conditions to the consummation of the tender offer set forth in the merger agreement.
CI

Hot Stocks

07:02 EDT Cigna announces expansion of Medicare Advantage plans - Cigna announced its third consecutive year of record geographic expansion in Medicare Advantage while maintaining affordability and continuing to offer benefits that meet the unique needs of Americans age 65+ and others who qualify for the program. The expansion adds an additional 108 new counties, which includes territories in three new states: Connecticut, Oregon, and Washington. Cigna has increased its geographic presence in MA by 80% since 2019. The company now offers plans in 477 counties across 26 states and the District of Columbia.
FULC

Hot Stocks

07:02 EDT Fulcrum Therapeutics reports inducement grant under Nasdaq listing rule - Fulcrum Therapeutics announced the grant of an inducement award outside of the Company's 2019 Stock Incentive Plan to Naomi Aoki, the Company's newly appointed SVP, Communications and Investor Relations. The grant was approved by the Compensation Committee on September 10, 2021, as an inducement material to the employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement grant consisted of a nonstatutory option to purchase up to 58,000 shares of common stock. The option has an exercise price of $28.21 per share, the closing price per share of the Company's common stock as reported by Nasdaq on September 30, 2021. The option has a ten-year term and vests over four years, with 25% of the original number of shares vesting on the first anniversary of the employee's start date and an additional 6.25% of the shares vesting in equal quarterly installments over the twelve successive quarters following the first anniversary, subject to such employee's continued service with the Company through the applicable vesting dates.
KDP

Hot Stocks

07:01 EDT Keurig Dr Pepper announces new $4B share repurchase plan - Keurig Dr Pepper announced that its Board of Directors has authorized a share repurchase program of up to $4B of the company's outstanding common stock, enabling the company to opportunistically return value to shareholders. The $4B authorization is effective for four years, beginning on January 1, 2022 and expiring on December 31, 2025 and does not require the purchase of any minimum number of shares. Based on the closing price of KDP shares as of September 29, 2021, the full authorization would currently represent approximately 8% of the company's outstanding common stock.
BMY

Hot Stocks

07:00 EDT Bristol-Myers: EMA validates MAA for mavacamten - Bristol Myers Squibb announced that the European Medicines Agency has validated its Marketing Authorization Application for mavacamten, an investigational, first-in-class cardiac myosin inhibitor, for the treatment of patients with obstructive hypertrophic cardiomyopathy. Validation of the application confirms the submission is complete, and the EMA's centralized procedure with Committee for Medicinal Products for Human Use's assessment begins.
JCI

Hot Stocks

06:57 EDT Johnson Controls appoints Marlon Sullivan as CHRO - Johnson Controls (JCI) announced it has appointed Marlon Sullivan as executive vice president and chief human resources officer, effective immediately. Sullivan reports to Johnson Controls Chairman and CEO George Oliver and joins the company from Delta Airlines (DAL), where he held the role of senior vice president for human resources. Sullivan will work with retiring CHRO Lynn Minella on a smooth transition and handover. Minella had announced her intention to retire earlier this year after four and a half years of leading human resources at Johnson Controls. Sullivan is based at the company's North American headquarters in Milwaukee, Wisconsin, responsible for the overall Human Resources team.
DEO

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06:54 EDT Diageo sees organic sales momentum in all regions - In a trading statement ahead of its analyst day, Diageo CEO Ivan Menezes said: "We have made a strong start to fiscal 22, with organic net sales momentum across all regions. This reflects excellent execution, as we benefit from resilience in the off-trade and continued recovery in the on-trade. However, we expect near-term volatility to remain, including the potential impact of any future waves of Covid-19. Our North American business is performing strongly, despite some supply chain constraints, reflecting resilient consumer demand. We continue to invest ahead in marketing and innovation to underpin long- term growth. Our business in Europe is recovering ahead of our expectations. Off-trade demand has remained robust and there is good momentum in the on-trade. Our businesses in Africa, Asia Pacific and Latin America and the Caribbean are performing well, although volatility in these markets is likely to persist. Travel Retail continues to be disrupted. We expect organic operating margin to benefit from a further recovery in sales volumes, positive channel mix and premiumisation trends, while we are continuing to invest in our marketing and commercial capabilities. As previously indicated, we are managing rising inflationary pressures, which are partly due to supply chain constraints. I am pleased with how our business is performing and I remain confident in our ability to deliver long- term sustainable growth and shareholder value."
SU

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06:46 EDT Suncor assumes operatorship of Syncrude - Suncor confirmed that it has assumed operatorship of the Syncrude Joint Venture, a critical step towards driving greater efficiencies and competitiveness across all Suncor-operated assets in the Regional Municipality of Wood Buffalo. The arrangement, which has the full support of the Syncrude joint venture owners and was initially announced in the fourth quarter of 2020, reflects Suncor's confidence in the Syncrude asset and is part of a multi-year strategy to improve its operational performance, efficiency and competitiveness.
GFL

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06:42 EDT GFL acquires Peoria Disposal Company, offers update on M&A activity - GFL Environmental provided an update on its year-to-date M&A activity. Since July 1, 2021, GFL has completed 16 acquisitions across its North American platform, for a total of 31 acquisitions year-to-date. Most recently, GFL acquired the solid waste management and recycling business of Peoria Disposal Company and affiliates on October 1, 2021. PDC owns a vertically integrated network of assets in Central Illinois and Eastern Missouri, providing residential, commercial and industrial solid waste hauling and recycling services. The operations include three active landfills, two strategically located transfer stations, one material recovery facility and a wastewater treatment plant. The acquisition also includes Peoria City/County Landfill Number 3, which is expected to begin operations in early 2024. The PDC assets are supported by a fleet of over 350 vehicles and more than 400 employees. PDC has operated a regional platform for over 90 years under the ownership of the Coulter family. Royal Coulter and his son Matt Coulter will remain with the business on a long-term basis, while other family members will continue with GFL as consultants and advisors to assist with the transition. On October 1, 2021, GFL also closed the acquisition of the Alabama Dumpster group of companies. Alabama Dumpster provides commercial and roll-off solid waste and recycling services and landfill operations in the State of Alabama. GFL also announced that it has sold certain solid waste assets in and around the Chicago, Illinois market and Rochester, Minnesota, other than the Zion Landfill, for aggregate proceeds of approximately $72.5M. As part of the transaction, the purchaser and GFL entered into several disposal arrangements, including a 10-year disposal agreement for 450,000 tons per annum at the Zion Landfill. This sale, together with the previously announced sale of certain assets in Pennsylvania and Maryland, brings GFL's total proceeds from asset sales to $122.5M for the year. GFL financed the acquisitions completed since July 1, 2021 through its recent bond offerings, drawings under its upsized credit facility, the asset sales described above and cash on hand.
BMRA WMT

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06:41 EDT Biomerica enters pact with Walmart for sale of EZ Detect colorectal test - Biomerica (BMRA) announced that it has entered into a General Merchandise Supplier Agreement with Walmart (WMT) for the sale of the company's EZ Detect colorectal disease screening test within the Walmart retail system. The company has now shipped its first orders of the EZ Detect product to Walmart, and beginning this week, Walmart has begun selling the product through its online sales channel. Biomerica is also in the final phase of working with Walmart to stock and sell the EZ Detect product on the shelf in their stores. In addition, the company is in negotiations with several large partners for distribution of the EZ Detect product in Asia, Europe and the Middle East.
CDXC

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06:35 EDT ChromaDex: Jury rules Elysium Health breached contract with ChromaDex - ChromaDex announced that a jury in the United States District Court for the Central District of California found that Elysium Health breached its contract with ChromaDex by failing to pay for product it ordered and received in 2016. Based on the jury's verdict, Elysium and Mark Morris will be required to pay ChromaDex approximately $2.25M-$2.50M in damages and estimated interest. "It took nearly five years and has been challenging for both companies, but the jury's decision finally holds Elysium accountable for paying what it owes," said ChromaDex CEO Rob Fried. "We now look forward to focusing on the next phase of global growth for Tru Niagen with partners including Sinopharm Xingsha, Nestle Health Science, Walmart, A.S. Watson Group, H&H Group, W.R. Grace, and Ro."
COTY KKR

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06:32 EDT Coty to sell partial stake in Wella to KKR at a 50% valuation premium - Coty (COTY) announced a definitive agreement to sell an approximate 9% stake in Wella to KKR (KKR) in exchange for the redemption of approximately half of KKR's remaining convertible preferred shares in Coty, reducing its total shareholding in the professional beauty company to approximately 30.6%. The transaction reflects a 50% appreciation in Wella's value since the closing of Coty's 60% sale of Wella to KKR in December 2020, coinciding with the re-opening of global hair salons and the positive momentum in the Wella business. As consideration for KKR's purchase of shares in Wella from Coty, Coty will redeem approximately half of KKR's outstanding convertible preferred shares and accrued dividends, or the equivalent of approximately 47M shares of the company's common stock, for approximately 9% of Wella held by Coty in a transaction valued at approximately $426.5M. Upon completion of the transaction, KKR will reduce its ownership to the equivalent of about 45M Coty Class A shares, representing an approximate 5.2% stake in Coty. The transaction will simplify Coty's capital structure and result in an additional approximately $26M in annual dividend cash savings, totaling $52M in annual cash savings when combined with the KKR secondary share offering that closed in September. The deal will have additional accretive benefits to Coty through the reduction of its diluted share count. The implied value of Coty's remaining approximate 30.6% stake in Wella is approximately $1.38B, compared to the $1.26B book value of its 40% stake as of June 30, 2021. The transaction is expected to close in the second quarter of Coty's FY22.
QTRHF MSI

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06:31 EDT WiLAN signs wireless license with Motorola Mobility - Wi-LAN, a Quarterhill (QTRHF) company, announced that WiLAN has entered into a license agreement with Motorola Mobility (MSI(. The licensed patents relate to wireless technology. The terms and conditions of this agreement are confidential.
LVS...

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06:24 EDT Macau reports September casino revenue up 166% to 5.88B patacas - Macau's gaming bureau reported September gross revenue from games of fortune in the region increased 165.9% year-over-year to 5.879B patacas. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Resorts (MLCO). Reference Link
MRK

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06:20 EDT Merck jumps 4% to $78.25 after positive results from Phase 3 MOVe-OUT trial
TCX

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06:14 EDT Tucows purchases UNR Corp.'s registry platform service, terms not disclosed - Tucows announced that it has purchased UNR Corp.'s registry platform service. The company said, "This newly added platform technology will complement Tucows' existing reseller and retail domain services." In addition to acquiring UNR's registry platform service, Tucows will add 10 "veteran industry experts" to the company. "With over 150 years of combined experience, these expert engineers and business leaders will be vital additions to Tucows' expanding team," the company said. This asset agreement was signed and is effective as of October 1, 2021, with certain ICANN approvals expected in the normal course of business.
KCAC

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06:12 EDT Wallbox appoints Beatriz Gonzalez to board of directors - Wallbox announced the appointment of Beatriz Gonzalez to the Company's Board of Directors upon completion of Wallbox's business combination with Kensington Capital Acquisition Corp. II. Gonzalez is the Founder and Managing Partner of Seaya Ventures, a European & Latin-American Venture Capital firm focused on accelerating startup growth. Through this latest appointment, Wallbox's Board of Directors following the business combination with Kensington now includes Enric Asuncion, Anders Pettersson, Francisco Riberas, Diego Diaz, Pol Soler, and Beatriz Gonzalez.
KW

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06:11 EDT Kennedy Wilson acquires two multifamily communities in Seattle for $265M - Kennedy Wilson has added two wholly owned apartment properties to its Seattle, Washington portfolio. The Kennedy Wilson team acquired The Bristol at Southport, the region's largest waterfront apartment asset at 383 units, for $191M and Geo Shoreline, a newly built 164-unit community, for $74M.
MLLGF

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06:10 EDT Mullen Group announces new, amended credit facility - Mullen Group announced that it has entered into a new credit agreement with Canadian Imperial Bank of Commerce. The CIBC Credit Facility is a $100M revolving demand credit facility to finance the Corporation's general operating requirements including acquisition transactions. The CIBC Credit Facility is available in, among other things, Canadian dollar loans, US dollar loans and Canadian dollar banker's acceptances. Interest on the CIBC Credit Facility is based on either the Canadian bank prime rate plus 0.50 percent or US bank base rate plus 0.50 percent, in each case payable in arrears or banker's acceptance rates plus an acceptance fee of 1.50 percent payable upon acceptance. The CIBC Credit Facility is unsecured although the Corporation's wholly-owned subsidiary, MT Investments, has granted an unlimited guarantee of any indebtedness owing on the CIBC Credit Facility. The CIBC Credit Facility does not have any financial covenants although the Corporation cannot be in default of its obligations under any other credit agreement that it has entered into and it must remain in compliance with certain reporting and general covenants customary for credit facilities of this nature. The Corporation also announces that it has amended the terms of its existing $150M revolving demand credit facility with Royal Bank of Canada, to add MTI as a guarantor. MTI has granted an unlimited guarantee of any indebtedness owing on the RBC Credit Facility. All other material terms of the RBC Credit Facility remain the same.
QTNT

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06:09 EDT Quotient updates CE Mark progress of MosaiQ Expanded Immunohematology - Quotient announced the launch of the review process of the Expanded Immunohematology technical file dossier for review by the European notified body. The company submitted part I of the dossier in September as planned. Instrument performance regarding time to result, intuitiveness, and technical service support, continues to prove impressive to customers conducting European field trials. The company anticipates CE Mark approval around year-end, followed by the commercial launch in the EU and other countries which accept a CE mark.
SGMS

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06:07 EDT Scientific Games receives required consents pursuant to consent solicitation - Scientific Games International announced that it has received consents from holders of a majority of the outstanding aggregate principal amount of each of its outstanding 5.000% Senior Secured Notes due 2025, 3.375% Senior Secured Notes due 2026, 8.625% Senior Notes due 2025, 5.500% Senior Notes due 2026, 8.250% Senior Notes due 2026, 7.000% Senior Notes due 2028 and 7.250% Senior Notes due 2029 to approve the adoption of certain proposed amendments to the indentures governing the Notes, which the Company requested pursuant to its previously announced consent solicitation described in the Issuer's Consent Solicitation Statement dated September 23, 2021. The Consent Solicitation expired at 5:00 p.m., New York City time, on September 30, 2021.
JOUT

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06:05 EDT Johnson Outdoors raises quarterly cash dividend 43% to 30c per share - Johnson Outdoors announced approval by its Board of Directors of a 43% increase in its quarterly cash dividend. Class A shareholders will now receive a 30c dividend per share and Class B shareholders a 27.27c dividend per share. The quarterly cash dividend is payable on October 29 to shareholders of record at the close of business on October 15.
POR

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06:04 EDT Portland General Electric announces placement of $150M in green bonds - Portland General Electric Company announced the placement of its inaugural $150M green bonds, part of a $400M placement of the company's first mortgage bonds with over 50 institutional investors, which closed on September 30, 2021. The green bonds were issued under PGE's new Green Financing Framework, which allows the company to issue bonds and other debt instruments to finance or refinance eligible green projects, as described in the framework. Proceeds of the $150M in green bonds will be dedicated to refinancing PGE's interest in the Wheatridge Renewable Energy Facility. The bond issuance follows the recent renewal of the company's revolving credit facility, which now includes a sustainability-linked pricing structure. The company's sustainability strategy, which includes a goal to achieve at least an 80% reduction in greenhouse gas emissions from power served to customers by 2030 and zero greenhouse gas emissions by 2040, is described in its 2020 Environmental, Social and Governance Report.
ZOM

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06:04 EDT Zomedica acquires Pulse Veterinary Technologies for $70.9M - Zomedica announced that it had acquired the Pulse Veterinary Technologies businesses for $70.9M in an all-cash, stock transaction. Pulse Veterinary Technologies provides electro-hydraulic shock wave technology for the treatment of a wide variety of conditions in veterinary patients.
TMO CSLLY

Hot Stocks

06:02 EDT Thermo Fisher opens biologics manufacturing site in Lengnau, Switzerlan - Thermo Fisher Scientific (TMO) announced that it has assumed operational responsibility for a new biologics manufacturing site in Lengnau, Switzerland as part of its strategic partnership with CSL Limited (CSLLY) announced last year. The Lengnau site will become part of Thermo Fisher's global biologics manufacturing network, and approximately 200 employees will join Thermo Fisher. The Lengnau site is a 1.5 million square-foot facility. The company said "it will leverage highly flexible bioproduction technologies, including both single-use and stainless steel with up to 12,500L bioreactor capacity. This will provide biopharma companies with a pathway from development to large-scale production as manufacturing needs evolve." Following completion of site construction in 2022, Thermo Fisher will initially support manufacturing of CSL's next-generation recombinant factor IX product Idelvion for patients with hemophilia B. Over time, Thermo Fisher plans to expand the use of the site to include additional biopharma customers.
MRK

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06:02 EDT Merck, Ridgeback: Covid antiviral pill cut hospitalization, death risk by 50% - Merck and Ridgeback Biotherapeutics announced that molnupiravir, an investigational oral antiviral medicine, significantly reduced the risk of hospitalization or death at a planned interim analysis of the Phase 3 MOVe-OUT trial in at risk, non-hospitalized adult patients with mild-to-moderate COVID-19. At the interim analysis, molnupiravir reduced the risk of hospitalization or death by approximately 50%; 7.3% of patients who received molnupiravir were either hospitalized or died through Day 29 following randomization, compared with 14.1% of placebo-treated patients. Through Day 29, no deaths were reported in patients who received molnupiravir, as compared to 8 deaths in patients who received placebo. At the recommendation of an independent Data Monitoring Committee and in consultation with the U.S. FDA, recruitment into the study is being stopped early due to these positive results. Merck plans to submit an application for Emergency Use Authorization to the U.S. FDA as soon as possible based on these findings and plans to submit marketing applications to other regulatory bodies worldwide.
LI

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05:51 EDT Li Auto provides September delivery update - Auto announced that the company delivered 7,094 Li ONEs in September, up 102.5% year over year. The company's deliveries for the third quarter were 25,116, up 190.0% year over year. Total deliveries of Li ONEs in the first nine months of 2021 reached 55,270 and the cumulative deliveries of Li ONEs as of September 30 reached 88,867. "Deliveries of Li ONEs in September moderated compared with the prior month due to the prolonged chip supply shortage. Responding to the continually rising orders since the release of the 2021 Li ONE, we are taking multiple measures to ensure the supply of the auto parts, aiming to shorten the waiting time of delivery for our users," said Yanan Shen, co-founder and president of Li Auto.
FSR

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05:49 EDT Fisker to establish UK-based specialty vehicle engineering division - Fisker announced the establishment of The Fisker Magic Works, its UK-based specialty vehicle engineering and development division. This newly created operation will focus on low-volume, rapid-development vehicle programs and specialized versions of the Fisker portfolio. The Fisker Magic Works will instill futuristic design, technology and innovation into high-profile products supporting the mainstream business. Fisker also confirmed it is hiring respected industry veteran David King as senior vice president of engineering to lead this new UK-based operation. Most recently, David served as vice president and chief special operations officer at Aston Martin Lagonda.
BNTX

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05:48 EDT BioNTech says first patient treated with mRNA cancer vaccine BNT122 - BioNTech announced that the first colorectal cancer patient has been treated with its individualized mRNA cancer vaccine BNT122 in a Phase 2 clinical trial. The trial has been initiated in the United States, Germany, Spain and Belgium. It is planned to enroll about 200 patients to evaluate the efficacy of RO7198457 (BNT122) compared to watchful waiting after surgery and chemotherapy, the current standard of care for these high-risk patients.
NIO

Hot Stocks

05:46 EDT Nio announces September, Q3 delivery results - Nio announced its September delivery results. With the concerted efforts of Nio teams and supply chain partners, Nio delivered 10,628 vehicles globally in September, an all-time high monthly record representing a robust growth of 125.7% year-over-year. The deliveries consisted of 1,978 ES8s, the company's six-seater or seven-seater flagship premium smart electric SUV, 5,260 ES6s, the company's five-seater high-performance premium smart electric SUV, and 3,390 EC6s, the company's five-seater premium smart electric coupe SUV. NIO delivered 24,439 vehicles in the third quarter, representing an increase of 100.2% year-over-year and exceeding the higher end of the company's quarterly guidance. As of September 30, cumulative deliveries of the ES8, ES6 and EC6 reached 142,036 vehicles. On September 30, Nio opened its Nio House and completed its first batch of vehicle deliveries in Norway.
SPR BA

Hot Stocks

05:43 EDT Spirit AeroSystems signs pact to upgrade 757 fleet for SF Airlines in China - Spirit AeroSystems, Inc., a subsidiary of Spirit AeroSystems Holdings (SPR), announced it signed, through its Belfast, Northern Ireland operations, known as Short Brothers, an agreement with SF Airlines to modify inlet cowlings for its Boeing (BA) 757 cargo freighters. SFA technicians will remove cowlings from the engines and ship them to Spirit's site in Belfast, Northern Ireland, where the repairs will take place. Once repairs are complete, the cowlings will be shipped back to SFA.