Stockwinners Market Radar for November 03, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

MNOV

Hot Stocks

19:31 EDT MediciNova to present new MN-166 data on glioblastoma at SNO - MediciNova announced that MediciNova's collaborator, Dr. Justin Lathia, Co-Director of the Brain Tumor Research and Therapeutic Development Center of Excellence at Cleveland Clinic Lerner Research Institute, and Professor, Department of Molecular Medicine at Cleveland Clinic Lerner College of Medicine of Case Western Reserve University, will present new data regarding MN-166, or ibudilast, from a glioblastoma animal model study at the 26th Annual Meeting of the Society for Neuro-Oncology to be held November 18 - 21, 2021 in Boston.
KL

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19:14 EDT Kirkland Lake Gold reports Q3 gold production 370.1K oz, up 9% y/y - Targets top half of production guidance of 1.3M-1.4M oz
FLO

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19:04 EDT Flowers Foods amends voluntary recall on certain Tastykake products - Flowers Foods, Inc. has amended its October 31, 2021 voluntary recall press release on certain Tastykake products to reflect additional products included in the recall. As a precautionary measure, the company is voluntarily recalling certain Tastykake multi-pack cupcakes and certain Krimpets products due to the potential presence of tiny fragments of metal mesh wire. The recall was initiated following notification by a vendor of the possible contamination in a supplied ingredient and is being amended following additional notification from the vendor. The Tastykake multi-pack cupcakes products being recalled were distributed to retail customers in Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, Washington DC, and West Virginia. The Tastykake Krimpets products being recalled were distributed to retail customers throughout the U.S. No injuries or incidents have been reported in connection with the recalled items. See below for product list, UPCs, and "enjoy by" dates, which may be found on the top, sides, or bottom of the packaging.
BGFV

Hot Stocks

18:53 EDT Big 5 Sporting reports Q3 SSS down 0.7%
BGFV

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18:53 EDT Big 5 Sporting sees Q4 EPS 55c-70c, one estimate 47c - Sees Q4 same store sales to be in the range of negative low-single digits to positive low-single digits.
BGFV

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18:51 EDT Big 5 Sporting declares $1.00 special dividend - The dividend is payable on December 1, 2021, to stockholders of record as of November 17, 2021.
ACI...

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18:41 EDT Albertsons partners with CDC to make COVID-19 vaccines available to children - Albertsons announced, that in partnership with the Centers for Disease Control and Prevention, the company is pledging to support the nationwide effort to vaccinate children for COVID-19 through school clinics, following the FDA recommendation of Emergency Use Authorization for the Pfizer (PFE)-BioNTech (BNTX) vaccine for children ages 5 to 11-years-old. As one of the CDC's largest retail partners in this effort, Albertsons Cos.' 1,730 pharmacies will be directing their vaccine supply and pharmacy staff to thousands of school districts to ensure school clinics are ready to administer pediatric doses of the COVID-19 vaccine to the 28 million children who are now eligible. Vaccine appointments for 5 to 11-year-olds will be available at select Albertsons Cos. pharmacies in coming weeks.
WING

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18:35 EDT Wingstop CEO: Wing prices are coming down - In an interview on CNBC's Mad Money, Charlie Morrison said the supply of chicken wings is growing and it's creating optimism. "It's a great time to be building restaurants," he added. The company's International business is "booming" according to Morrison. The strength of the brand and advertising continues, he noted. The company is seeing labor cost inflation, but expects to manage through it.
LGIH

Hot Stocks

18:29 EDT LGI Homes reports 725 home closings in October - LGI Homes announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home closings during the first ten months of 2020. As of October 31, 2021, the Company had 106 active selling communities.
NI

Hot Stocks

18:23 EDT NiSource CEO: Well down the path to 90% reduction in GHG emissions by 2030 - Joe Hamrock is speaking on an interview on CNBC's Mad Money.
MSFT

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18:14 EDT Microsoft exec Althoff sells 54,757 common shares - In a regulatory filing, Microsoft EVP and chief customer officer Judson Althoff disclosed the sale of 54,757 common shares of the company on November 2 at a price of $332.2833 per share.
TRN

Hot Stocks

17:48 EDT Monomoy Capital to acquire Trinity Highway Products for $375M - Monomoy Capital Partners announced that it has signed a definitive agreement to acquire Trinity Highway Products from Trinity Industries for approximately $375M. The transaction remains subject to customary closing conditions and regulatory approval. Founded in 1973, THP is a manufacturer and lessor of highway safety products, including crash cushions, end terminals, guardrails and truck-mounted attenuators. Trinity operates 14 manufacturing and rental distribution facilities in the United States and maintains sales offices in Europe, South America and Asia. President Nick Verska will continue to lead THP as chief executive officer of the business from THP's corporate headquarters in Dallas, Texas.
INN

Hot Stocks

17:36 EDT Summit Hotel Properties acquires 27-hotel portfolio from NewcrestImage - Summit Hotel Properties announced that it has entered into a definitive contribution and purchase agreement to acquire a 27-hotel portfolio totaling 3,709 guestrooms, two parking structures and various financial incentives through its existing joint venture with GIC for total consideration of $822M from affiliates of NewcrestImage. The total consideration for the Transaction is comprised of $776.5M, or $209,000 per key, for the 27-hotel portfolio, $24.8M for the two parking structures and $20.7M for the various financial incentives.
LCI

Hot Stocks

17:34 EDT Lannett announces restructuring plan, workforce reduction of 11% - In light of the accelerated declines in the base business, the company also announced a restructuring plan approved by the board earlier this week. The restructuring retains core strategies, while further optimizing operations, improving efficiencies and reducing costs. Elements of the plan, which is expected to be completed in about 18 months, include: consolidating the manufacturing footprint; transferring liquid drug production to the company's main plant in Seymour, Indiana from its facility in Carmel, New York; closing the Carmel plant and pursuing its sale; restructuring the R&D function; reducing headcount and discontinuing future development programs targeting liquid generic medications; raising threshold requirements for other internally developed products and starting projects earlier, resulting in fewer but potentially larger market opportunity products; further product rationalization, over time, as the company has done in the past. This particular exercise primarily involves scaling back or phasing out some low margin OTC products, made at the Carmel site, and two very low margin prescription products. Overall, the current organizational workforce will be reduced by approximately 11%, and other existing and anticipated future vacancies will not be filled. Ultimately, the plan is expected to result in a leaner, more focused organization and generate cost savings of approximately $20M, annually.
CAKE

Hot Stocks

17:24 EDT Cheesecake Factory says Q4 to date comparable sales up 10.5% - Says Q4 to date average weekly sales are approximately $213,000, or $11M annualized average unit volume. Says there is potential for 200 North Italia domestic locations over time. Says plans to open as many as 20 additional restaurants in 2022. Says operating environment is very dynamic. Sees negative 1% impact from Holiday shift in Q4. Says expects to purchase even more ingredients in spot market. Says labor market remains tight. Sees Q4 G&A $47M. Sees Q4 tax rate 5%. Sees menu pricing remaining at 3% for remainder of the year. Says poised to achieve 7% unit growth objective in 2022. Comments taken from Q3 earnings conference call.
EA

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17:19 EDT Electronic Arts says EA Sports 'well head' of expectations for FY21 - Says has built a "powerful" native mobile organization within EA after recent acquisitions. Says "FIFA Ultimate Team" sales are up year-over-year. Says EA Sports "well ahead" of expectations for the year. Says expectations for "Battlefield 2042" unchanged from last call despite delay.
CNC

Hot Stocks

17:17 EDT Centene 'looks forward to ongoing engagement with Politan' - Centene issued the following statement with regard to Politan Capital Management: "Centene's Board of Directors and management team are committed to acting in the best interests of the Company and its shareholders - and deliver substantial, sustainable value. We welcome constructive ideas to enhance these efforts. As previously disclosed, Centene has been aggressively implementing a plan to accelerate value creation. The company is leveraging its full size and scale to drive margin expansion with a target of at least 3.3% adjusted net income margin by 2024. Progress towards these goals is well underway -- during its most recently reported third quarter earnings, the company delivered 11% revenue growth while aggressively managing its costs and margins. Centene also has been undergoing a review of its businesses to simplify and optimize its portfolio and enhance its market position as well as drive margin expansion, including today's announcement regarding our sale of a majority stake in U.S. Medical Management. Centene intends to use the proceeds from the sale to repurchase stock, in a first step towards a material stock repurchase program. In addition, the company is pursuing a comprehensive process to refresh its Board, including having added four new directors, three of whom are independent, over the past two years. As previously disclosed, the company intends to make further changes to the composition of the board and diversity will continue to be a strong consideration. Centene looks forward to ongoing engagement with Politan and all of its shareholders."
GOOD

Hot Stocks

17:14 EDT Gladstone Commercial announces $12.8M industrial acquisition in NC - Gladstone Commercial acquired a 161,458 square foot industrial facility on 20.45 acres in Monroe, North Carolina for $12.8 million on November 3.The property is Gladstone Commercial's third industrial acquisition in the Charlotte, North Carolina MSA. The property is 100% leased to Assa Abloy Entrance Systems, U.S. with 7.9 years of remaining absolute NNN lease term. The property serves as Assa Abloy's North American headquarters and is utilized for manufacturing and distribution of its access/entrance products and solutions. The acquisition of the industrial property is consistent with Gladstone Commercial's growth strategy of acquiring functional assets, leased to credit-worthy tenants in strong industrial locations. "We are excited to continue building our industrial presence in the Southeast. This facility is the North American headquarters for a strong tenant, and we are pleased to add another Charlotte-area property to the portfolio," stated EJ Wislar, Senior Vice President of Gladstone Commercial.
BA

Hot Stocks

17:14 EDT Boeing to debut 777X at 2021 Dubai Airshow - Boeing will showcase its market-leading portfolio of commercial, defense and services products at the 2021 Dubai Airshow this month, including the international debut of its newest fuel-efficient widebody jet, the 777X, along with the company's growing autonomous capabilities such as the Boeing Airpower Teaming System. Boeing also will discuss its parts, modifications, digital, sustainment and training solutions, including an expansive global supply chain, maintenance and logistics network. Government services will feature in-country partnerships with on-the-ground support for its installed base of defense platforms. Commercial services highlights will include Boeing Converted Freighters, expanded support to regional customers and near-term sales opportunities.
EA

Hot Stocks

17:11 EDT Electronic Arts says 'Apex Legends' continues to grow user base - Says "FIFA 22" off to strongest start in franchise history. Says more confident than ever in "bright" future of soccer games. Says engagement in "Madden NFL 22" has grown each week of the NFL season. Says has grown "F1" game business with release of "F1 2022." Comments taken from Q2 earnings conference call
OYST

Hot Stocks

17:10 EDT Oyster Point Pharma's Tyrvaya now available at U.S. wholesalers - Oyster Point Pharma announced that TYRVAYA Nasal Spray 0.03 mg is now available at U.S. regional wholesalers for distribution to pharmacies. The U.S. Food and Drug Administration approved TYRVAYA Nasal Spray for the treatment of the signs and symptoms of dry eye disease on October 15, 2021. TYRVAYA Nasal Spray is a highly selective cholinergic agonist delivered twice daily as an aqueous nasal spray into each nostril to activate basal tear production. Nasal spray administration provides a new way to treat dry eye disease without administering medication onto an already irritated ocular surface. In addition, nasal delivery may allow some patients who have difficulty administering topical eye drops to administer independently their prescribed dry eye disease therapy. John Snisarenko, Chief Commercial Officer of Oyster Point Pharma stated, "We understand the impact that dry eye disease can have on patients. The urgency to provide a new treatment option for the millions of patients who live with it each day has underscored our efforts to bring TYRVAYA Nasal Spray to pharmacies quickly." Mr. Snisarenko further added "Oyster Point is committed to supporting the dry eye disease community by supporting access to medication for appropriate patients." The company has launched a patient support program called TEAMTyrvayaa. For more information on the program and how to enroll, please visit www.Tyrvaya-Pro.com.
ROCC

Hot Stocks

17:08 EDT Ranger Oil sees Q4 reported oil sales volumes 25,700-27,700 bbl/d
IBM KD

Hot Stocks

17:07 EDT IBM completes separation of Kyndryl - IBM (IBM) announced that it has completed the separation of its managed infrastructure services business to Kyndryl (KD). Starting on November 4, 2021, Kyndryl will begin "regular way" trading on the New York Stock Exchange under the symbol "KD." Each holder of IBM common stock will receive one share of Kyndryl common stock for every five shares of IBM common stock held on October 25, 2021, the record date for the distribution. For United States federal income tax purposes, the distribution has been conducted in a tax-efficient manner for IBM stockholders in the United States. "The separation of Kyndryl is one of many actions we are taking to sharpen our focus on hybrid cloud and AI, leverage a portfolio clearly focused on technology and consulting, and achieve our growth objectives," said Arvind Krishna, IBM chairman and chief executive officer. "We look forward to our partnership with Kyndryl as it moves forward as an independent company."
HII

Hot Stocks

17:04 EDT Huntington Ingalls increases quarterly dividend to $1.18 per share - Huntington Ingalls announced that its board of directors has declared a quarterly cash dividend of $1.18 per share, a 4c increase over the $1.14 per share dividend paid in each of the prior four quarters. The $1.18 per share dividend will be payable on December 10, to shareholders of record as of the close of business on November 26.
TRN

Hot Stocks

17:03 EDT Trinity Industries to sell highway products business for $375M in cash - Trinity Industries announced that the Company has entered into a definitive agreement to sell its highway products business for $375 million in cash, subject to customary closing conditions and adjustments. Trinity's highway products business is a leading manufacturer and global supplier of commercial highway products. The Company is selling the business to Monomoy Capital Partners, an operationally-focused middle market private equity fund, which will provide benefit to the highway products business and its investors. This transaction has been approved by the Board of Directors and is subject to customary regulatory approvals. Trinity expects the transaction will close in the fourth quarter of 2021. Following the closing of the transaction, the Company will report the results of its highway products business, currently included in the "All Other" segment, as part of discontinued operations. This includes any gains recognized on the sale of the business. Use of proceeds from the sale will flow through the Company's capital allocation framework, and Trinity expects to return a significant portion of proceeds to shareholders.
ATC MKSI

Hot Stocks

17:03 EDT MKS Instruments to acquire Atotech - The board of directors of Atotech Limited (ATC) and the board of directors of MKS Instruments (MKSI) announced that they had entered into a definitive agreement pursuant to which MKS would acquire the entire issued and to be issued share capital of Atotech. The deal is expected to become effective in Q4 of 2021.
IBIO

Hot Stocks

16:59 EDT iBio sees cash sufficient to fund operations through 1Q23
HST

Hot Stocks

16:58 EDT Lone Star Funds affiliate acquires five hotels from Host for $551M - Lone Star Funds announced that a Lone Star affiliate has acquired five luxury and upper upscale hotels from Host Hotels & Resorts, Inc. for an aggregate purchase price of $551M, including approximately $11M for furniture, fixtures, and equipment replacement funds. The hotels are: The Whitley, A Luxury Collection Hotel, Atlanta Buckhead in Georgia; The Westin Buckhead Atlanta in Georgia; The Westin Los Angeles Airport, located at the Los Angeles International Airport in California; San Ramon Marriott, located in Santa Clara, California; and the Westfields Marriott Washington Dulles, located in Chantilly, Virginia.
FSR

Hot Stocks

16:58 EDT Fisker says recruitment, start of production plans on target - The company states that it is "affirming the expected timing plan for Fisker Ocean start-of-production. Recruitment remains brisk and at targeted pace, with headcount tripling to over 300 full-time employees as of November 2, 2021 from 101 as of December 31, 2020. Reservations are over 18,600 as of November 2, 2021 (net of cancellations), including 1,400 fleet reservations. App registrations are over 72,000. Growth in reservations, registrations, and registration conversions is expected to accelerate once detailed performance, specifications, and pricing are released, and planned marketing campaigns begin, at the upcoming L.A. Auto Show."
IBIO

Hot Stocks

16:58 EDT iBio acquires FastPharming manufacturing facility - iBio, Inc. announced it has purchased the manufacturing facility it previously operated under a lease from two affiliates of Eastern Capital Limited. The company also acquired the approximate 30% equity interest in iBio CDMO, LLC. held by the Eastern Affiliates. As a result, the subsidiary and its intellectual property are now wholly-owned by iBio, it said in a statement. Before fees and settlement costs, the cost of the transaction was $28,750,000, comprised of $28,000,000 in cash plus warrants to purchase 1,000,000 shares of iBio common stock. iBio issued additional warrants to purchase 289,581 shares of common stock to pay for the final rent due. The total warrants to purchase 1,289,581 shares of common stock are immediately exercisable, will expire on October 10, 2026, and have an exercise price of $1.33 per share. iBio provided approximately $6,000,000 in capital to fund the purchase. To fund the remaining cash portion of the transaction, iBio entered into a $22,375,000 Senior Secured Term Loan with Woodforest National Bank.
APA

Hot Stocks

16:54 EDT APA Corp. sees $2B of free cash flow for FY21 - "APA delivered another excellent quarter, driven by strong U.S. well performance, continued capital and cost discipline, and better-than-expected commodity prices," said John J. Christmann IV, APA's CEO and president. "We generated $1.3 billion of Free Cash Flow in the first three quarters of 2021, and, at current strip pricing, we anticipate approximately $2 billion for the full-year. With the substantial strengthening of our balance sheet, a streamlined and more profitable enterprise and a planned capital program that will sustain or slightly grow production for the long term, we are committing to returning a minimum of 60% of our Free Cash Flow to shareholders."
APA

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16:53 EDT APA Corp. commits to return minimum of 60% of FCF to shareholders - APA is committing to return a minimum of 60% of Free Cash Flow to shareholders through dividends and stock repurchases.
APA

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16:53 EDT APA Corp. increases annual dividend to 50c per share from 25c - APA said it is increasing its annualized dividend from 25c to 50c per share.
'

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16:53 EDT Ampco-Pittsburgh subsidiaries to boost price on forged, cast rolls - Ampco-Pittsburgh Corporation announced that its subsidiary, Union Electric Steel Corporation, will raise prices on forged and cast roll products that it and its subsidiaries produce globally. This increase is effective immediately on all orders. The price adjustments are driven by continued upward pricing pressures on the cost of raw materials, natural gas, electricity, transportation, labor, and other consumables, increasing production costs due to growing product demand, and other global supply chain factors. Consequently, Union Electric Steel will increase its pricing levels on forged and cast rolls products by 8-12%, depending on contractual energy surcharge coverages currently in place. Commenting on the announcement, Skip Reinert, Vice President of Sales and Marketing, stated, "As the overall metal industry has ramped activity, manufacturing and supply chain costs, including natural gas, labor, and transportation, continue to increase dramatically. Additionally, our business continues to be impacted by the increasing costs of key raw materials. This price adjustment is necessary to maintain a reliable supply of superior-quality products for our customers."
QLYS

Hot Stocks

16:52 EDT Qualys announces $200M increase to share repurchase program
PDCE

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16:47 EDT PDC Energy: Planned level of operating activity through 2023 unchanged - The company said: "The Company's planned levels of operating activity through 2023 remain generally unchanged. Assuming the aforementioned fourth quarter 2021 pricing and mid-cycle commodity pricing, below current strip, of $65 and $60 per Bbl WTI in 2022 and 2023, respectively, and $3.00 per Mcf NYMEX natural gas and $17.50 NGL realizations in each 2022 and 2023, PDC expects to generate more than $2.5 billion of after-tax FCF from 2021 through 2023. The Company is aiming to reduce total debt by $1 billion and return at least $1 billion to shareholders over the three-year timeframe."
PDCE

Hot Stocks

16:47 EDT PDC Energy sees generating mroe than $900M of FCF in 2021 - In 2021, PDC projects to generate more than $900 million of FCF, including more than $300 million in the fourth quarter, assuming $75 per Bbl WTI, $5.00 per Mcf NYMEX natural gas and NGL realizations of approximately $30 per Bbl for the remainder of the year. In the fourth quarter, the Company redeemed $200 million of its $400 million 6.125% senior notes due 2024 and plans to retire the remaining $102 million of its 6.25% senior notes due 2025 in December. Upon settlement of each liability management item, and in combination with successful year-to-date debt reduction efforts, PDC expects to surpass its year-end goal of reaching $1 billion of total debt. Total debt reduction in 2021 is projected to approximate $650 million with an anticipated long-term debt balance of approximately $950 million at year-end. Further, the Company's trailing-twelve-month net leverage ratio is expected to be approximately 0.5x at year-end compared to 1.7x at year-end 2020. With its near-term debt balance goals met, PDC plans to shift its FCF allocation strategy towards increased shareholder returns. As such, the Company has increased its 2021 shareholder return commitment to more than $210 million from the prior goal of $180 million.
CDAY

Hot Stocks

16:44 EDT Ceridian sees FY21 adjusted EBITDA $156M-$162M - Sees FY21 adjusted EBITDA margin 15.4%-15.9%.
COST

Hot Stocks

16:43 EDT Costco reports October sales $16.47B, up 19.2% - Costco reported net sales of $16.47B for the retail month of October, the four weeks ended October 31, an increase of 19.2% from $13.82B last year. Reports October comparable sales up 11.8%.
GMS

Hot Stocks

16:41 EDT GMS Inc. to acquire AMES Taping Tools for $212.5M in cash - GMS announced that it has entered into a definitive agreement to acquire AMES Taping Tools Holding LLC. AMES is a provider of automatic taping and finishing tools and related products to the professional drywall finishing industry. The transaction is expected to close in the Company's fiscal third quarter 2022 with a purchase price of $212.5M in cash. "We are pleased to welcome the AMES team to GMS and provide a full suite of offerings for interior contractors and drywall finishers," said John C. Turner, Jr., President and Chief Executive Officer of GMS. "AMES has highly-respected brands and an entrepreneurial culture with an attractive growth plan, which all align well with our strategic priorities and provide an excellent opportunity for GMS to expand our presence in the growing ATF tools market. With its multichannel distribution model and strong customer relationships, AMES is expected to generate accretive EBITDA margins for GMS. We believe this transaction will add immediate benefits as part of one of our strategic growth priorities to diversify our core product offerings, and will further position GMS to drive long-term growth and shareholder value." GMS expects to fund this transaction with cash on hand and borrowings under the Company's ABL credit facility. In connection with this transaction, GMS will be exercising the $100 million accordion within the Company's ABL agreement, increasing the ABL borrowing limit from $445 million to $545 million. Following the closing of the transaction, AMES's current management team, including President & CEO Jay Davisson, will continue to lead the business, which will continue to operate under the "AMES" brand - as it has for over 80 years. GMS expects to leverage its existing relationship with AMES and the sourcing arrangements at GMS's subsidiary, Tool Source Warehouse, to expand and enhance AMES's distribution model, better capitalize on available growth opportunities and provide an even higher level of service to customers. This transaction is expected to close in GMS's fiscal third quarter of 2022, subject to the satisfaction of customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
WTS

Hot Stocks

16:39 EDT Watts Water sees Q4 organic revenue up 10%-14% - Sees Q4 adjusted operating margin 13.4%-13.8%. Sees adjusted margin down 20bps to up 20bps and "seasonally strong" free cash flow. Comments taken from Q3 earnings conference call presentation slides.
ZY

Hot Stocks

16:38 EDT Zymergen eliminated 220 positions, to focus on fewer programs - Zymergen said it has reviewed potential market opportunities and its related portfolio and "will focus on a smaller number of programs that it believes capitalize on its capabilities and provide clear commercial opportunities." Accordingly, several programs will be discontinued, including: The electronics film programs, with the exception of ZYM0101, which is being developed in partnership with Sumitomo Chemical. "Emerging data on the market segment being targeted with Hyaline and other electronics films indicates a smaller near-term opportunity than previously expected," the company said; The consumer care programs, including insect repellent, ZYM0201. "Based on the portfolio review, the costs of customer acquisition with a direct-to-consumer model were prohibitive and, in the case of ZYM0201, it could not be produced and distributed at a price point competitive with incumbent products," it added. As a result of these changes, the company eliminated approximately 220 positions across a variety of levels and functions. These decisions, along with a reduction in related overhead spending, are expected to slow the company's cash burn rate sufficiently to operate to the middle of 2023 with cash on hand. As part of the portfolio review, two programs in the healthcare market have been promoted: one for development of key enzymes used in vaccine production, and a second in drug discovery. The company "has also continued to see success with its work in agriculture, particularly with a flagship program on nitrogen fixation where it is working with a partner, and is still evaluating other programs that are in early concept stages," it said.
HST

Hot Stocks

16:37 EDT Host Hotels says cannot provide guidance for 2021 - Host Hotels said: "Given the global economic uncertainty COVID-19 has created for the travel, airline, lodging and tourism and event industries, the company cannot provide guidance for its operations or fully estimate the effect of COVID-19 or its variants and the current U.S. vaccination deployment on its operations. The company believes that recovery within the lodging industry will be driven by the strength of the economy, increased consumer confidence that the risks associated with travelling and contracting COVID-19 have been significantly reduced, and the return of business and group customers."
BX

Hot Stocks

16:37 EDT Blackstone announces formation of Structured Finance Group - Blackstone announced the formation of its Structured Finance Group, which brings together Blackstone Real Estate Debt Strategies and the firm's various asset backed finance activities. Jonathan Pollack, currently the Global Head of BREDS, has been named Global Head of the Structured Finance Group. Timothy Johnson, currently the Global Head of Originations for BREDS, will become Global Head of BREDS, overseeing all commercial and residential lending activities. Rob Camacho will continue to lead the firm's investment activities in asset based finance. Mike Wiebolt, who currently manages the Real Estate Group's liquid securities activities, will now also manage asset backed securities.
FIS

Hot Stocks

16:36 EDT FIS boosts expected annual dividend growth rate to 20% per year - FIS announced an updated capital allocation strategy today that prioritizes investment in the business to drive growth while simultaneously returning capital to shareholders. As part of its updated capital allocation strategy, FIS will continue to invest heavily in strategic growth initiatives, including the development of new solutions that will accelerate revenue growth and expand the company's total addressable market. The company's research and development program has a strong track record of producing innovative solutions that improve customer outcomes while also driving incremental growth, including FIS Modern Banking Platform, Payments One, Digital One, Code Connect, Access Worldpay, the FIS Premium Payback Loyalty Network, and RealNet. In addition, FIS has successfully augmented its new solution development and revenue growth with M&A, and will continue to prioritize these investments. The company expects to maintain significant financial capacity for M&A while simultaneously growing its dividend and repurchasing shares. FIS is increasing its expected annual dividend growth rate to 20% per year, an increase from 10% per year previously, resulting in approximately $100 million of incremental dividend payment to shareholders during 2022. This accelerated dividend growth rate will enable the company to gradually increase its dividend payout ratio to approximately 35% of adjusted net earnings over several years from approximately 25% in 2021. This updated dividend policy will take effect with the company's regularly scheduled first quarter dividend, payable in March 2022.
H

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16:35 EDT Hyatt sees FY21 CapEx roughly $110M - Adjusted selling, general, and administrative expenses are expected to be approximately $245 million to $250 million, inclusive of approximately $5 million to $10 million of expenses related to non-recurring integration costs for ALG. Refer to the table on page 13 of the schedules for a reconciliation of selling, general, and administrative expenses to Adjusted selling, general, and administrative expenses.
PXD CLR

Hot Stocks

16:31 EDT Pioneer Natural divests Delaware Basin Assets for $3.25B to Continental Resource - Pioneer Natural Resources (PXD) announced that the Company has entered into a definitive agreement with Continental Resources (CLR) to sell all of its assets in the Delaware Basin for cash proceeds of $3.25B, subject to normal closing adjustments. The transaction is expected to close toward the end of the fourth quarter of 2021, subject to the satisfaction of customary closing conditions, including regulatory approval. The divested assets include approximately 92,000 net acres, with net production of approximately 50 thousand barrels oil equivalent per day and approximately 35 thousand barrels oil per day. The Company expects to recognize a pretax loss of $900 million to $1.1 billion associated with the divestiture.
CW

Hot Stocks

16:30 EDT Curtiss-Wright working to mitigate negative impacts of supply chain disruption
LBTYA LBTYK

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16:29 EDT Liberty Global raises FY21 adjusted FCF view to $1.45B - The company said: "At the consolidated level, we are increasing our full-year guidance for Full Company Adjusted Free Cash Flow(ii) to $1.45 billion, representing 36% YoY growth. This is supported by Virgin Media O2's distributions guidance to shareholders of at least GBP 300 million for FY'21 and VodafoneZiggo has refined its FY'21 shareholder distributions target to a minimum of EUR 600 million(iii). Liberty Global's balance sheet remains in great shape with $4.3 billion(iv) of cash (pro forma for ~$600 million of net cash proceeds expected from the sale of UPC Poland) and $5.9 billion of total liquidity7 (pro forma for UPC Poland), and we continue to be aggressive buyers of our stock, having repurchased ~$1.1 billion through the end of October against our full-year repurchase commitment of $1.4 billion. And we look forward to executing on the commitment to repurchase 10% of our shares outstanding in both 2022 and 2023."
CORT

Hot Stocks

16:28 EDT Corcept Therapeutics provides updates on upcoming milestones - For solid tumors: Phase 3 trial in patients with recurrent platinum-resistant ovarian cancer planned to start in the first quarter of 2022; updated overall survival data from the Phase 2 trial expected in the first quarter of 2022; Selection of the optimum dose of exicorilant plus enzalutamide in patients with castration-resistant prostate cancer expected later this year; Enrollment continues in 20-patient, open-label, Phase 1b trial of relacorilant plus PD-1 checkpoint inhibitor pembrolizumab in patients with adrenal cancer with cortisol excess. For Metabolic Diseases: Initiated Phase 1b dose-finding trial in patients with presumed NASH; results of our Phase 2 study to be presented at the American Association for the Study of Liver Diseases meeting, November 12 - 15; Completion of enrollment in GRATITUDE II, a 150-patient, double-blind, placebo-controlled Phase 2 trial of miricorilant to reverse long-standing AIWG, expected by year-end; Completion of enrollment in GRATITUDE, a 100-patient double-blind, placebo-controlled Phase 2 trial of miricorilant to reverse recent AIWG, expected by mid-2022. For Cushing's Syndrome: Enrollment continues in Phase 3 GRACE trial of relacorilant as a treatment for patients with all etiologies of Cushing's syndrome; new drug application (NDA) submission expected in the second quarter of 2023; Enrollment continues in Phase 3 GRADIENT trial of relacorilant as a treatment for patients with Cushing's syndrome caused by adrenal adenomas
EQH

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16:27 EDT Equitable Holdings reports book value per common share $25.00 - As of September 30, 2021, book value per common share, including accumulated other comprehensive income, was $25.00. Book value per common share, excluding AOCI, was $20.37.
MNRL

Hot Stocks

16:24 EDT Brigham Minerals reports Q3 daily production volumes 9,068 Boe/d - Reports Q3 production up 1% sequentially vs. Q2.
ROKU

Hot Stocks

16:23 EDT Roku says global supply chain disruption related challenges likely to continue - The company states: "Looking ahead, our business fundamentals remain strong but we are mindful that the challenges created by the global supply chain disruptions will likely continue into 2022. These headwinds may have a broad impact on the holiday season in terms of consumer confidence, product pricing and availability, and advertising spend levels. While the pandemic has had different impacts on different parts of our business, the secular shift to streaming remains intact. Our Q4 outlook is for strong growth with total net revenue of $893 million at the midpoint (up 37% year-over-year). We continue to see a large opportunity ahead of us and are investing in headcount, product development, and sales & marketing to drive future growth. We anticipate these investments will increase operating expenses on a sequential basis and as a result, we expect Q4 adjusted EBITDA to be $70 million at the midpoint in Q4."
MRO

Hot Stocks

16:22 EDT Marathon Oil backs 2021 capital expenditure guidance of $1B - Marathon Oil said its 2021 capital expenditure guidance of $1B remains unchanged, as do the midpoints of full year 2021 total company oil and oil-equivalent production guidance. "Marathon Oil is raising its full year 2021 Equatorial Guinea equity method income guidance for the second consecutive quarter to a new range of $235 million to $255 million. The company's full year 2021 production and Equatorial Guinea equity method income guidance fully contemplate an unplanned outage experienced in Equatorial Guinea late in the third quarter. Normal operations resumed this week. During fourth quarter, Marathon Oil expects total oil production to increase to between 176,000 and 180,000 net bopd in comparison to third quarter production of 168,000 net bopd. The company expects fourth quarter total oil-equivalent production to be similar to third quarter production of 345,000 net boed," it said.
SUM

Hot Stocks

16:22 EDT Summit Materials backs FY21 adjusted EBITDA view $490M-$520M - The company continues to expect 2021 capital expenditure guidance of approximately $200 million to $220 million including approximately $25 million to $35 million for greenfield projects.
PXD

Hot Stocks

16:22 EDT Pioneer Natural sees FY21 capital budget $3.1B-$3.4B - The Company expects its 2021 drilling, completions and facilities capital budget to range between $2.95 billion to $3.25 billion. An additional $100 million and $50 million is budgeted for integration expenses related to the acquisitions of Parsley and DoublePoint, respectively, resulting in a total 2021 capital budget range of $3.1 billion to $3.4 billion. The Company expects its capital program to be fully funded from forecasted 2021 cash flow of $6.55 billion. During 2021, the Company plans to operate an average of 22 to 24 horizontal drilling rigs in the Permian Basin, including a one-rig average program in the Delaware Basin and a three-rig average program in the southern Midland Basin joint venture area. The 2021 capital program is expected to place approximately 535 wells on production. Pioneer expects 2021 oil production of 356 to 359 MBOPD and total production of 613 to 619 MBOEPD, reflecting the impact of the Glasscock acreage divestiture that closed in October 2021.
PXD

Hot Stocks

16:22 EDT Pioneer Natural sees FY21 capital budget $3.1B-$3.4B - The Company expects its 2021 drilling, completions and facilities capital budget to range between $2.95 billion to $3.25 billion. An additional $100 million and $50 million is budgeted for integration expenses related to the acquisitions of Parsley and DoublePoint, respectively, resulting in a total 2021 capital budget range of $3.1 billion to $3.4 billion. The Company expects its capital program to be fully funded from forecasted 2021 cash flow of $6.55 billion. During 2021, the Company plans to operate an average of 22 to 24 horizontal drilling rigs in the Permian Basin, including a one-rig average program in the Delaware Basin and a three-rig average program in the southern Midland Basin joint venture area. The 2021 capital program is expected to place approximately 535 wells on production. Pioneer expects 2021 oil production of 356 to 359 MBOPD and total production of 613 to 619 MBOEPD, reflecting the impact of the Glasscock acreage divestiture that closed in October 2021.
ROKU

Hot Stocks

16:22 EDT Roku reports Q3 platform revenue up 82% to $583M - Reports Q3: Active Accounts reached 56.4M, up 1.3M from Q2, Streaming hours 18.0B, up 0.7B from Q2, and Average Revenue Per User, ARPU, up 49% y/y to $40.10.
SUM

Hot Stocks

16:21 EDT Summit Materials progressing on several strategic divestitures - The company said: "Summit is currently progressing several strategic divestitures in addition to the five divestitures that were already completed in the first half of 2021. We believe Summit's organic growth profile and asset light conversion model position the Company to absorb the impact of the foregone contribution from those divested businesses. When comparing 2020 to 2021, it's also important to understand that 2020 included 53 reporting weeks, while 2021 is a standard 52-week reporting year. In consideration of factors such as those, we are leaving our full year 2021 Adjusted EBITDA guidance unchanged."
SWN

Hot Stocks

16:21 EDT Southwestern Energy sees FY21 capital budget $3.1B-$3.4B - The Company expects its 2021 drilling, completions and facilities capital budget to range between $2.95 billion to $3.25 billion. An additional $100 million and $50 million is budgeted for integration expenses related to the acquisitions of Parsley and DoublePoint, respectively, resulting in a total 2021 capital budget range of $3.1 billion to $3.4 billion. The Company expects its capital program to be fully funded from forecasted 2021 cash flow of $6.55 billion. During 2021, the Company plans to operate an average of 22 to 24 horizontal drilling rigs in the Permian Basin, including a one-rig average program in the Delaware Basin and a three-rig average program in the southern Midland Basin joint venture area. The 2021 capital program is expected to place approximately 535 wells on production. Pioneer expects 2021 oil production of 356 to 359 MBOPD and total production of 613 to 619 MBOEPD, reflecting the impact of the Glasscock acreage divestiture that closed in October 2021.
MRO

Hot Stocks

16:21 EDT Marathon Oil board approves share repurchase authorization increase to $2.5B - Marathon Oil said: "Subsequent to the end of third quarter, the company raised its quarterly base dividend by 20% from 5 cents per share to 6 cents per share. This is the third consecutive quarterly increase to the base dividend, representing a cumulative increase of 100% since the end of 2020. Since October 1st, Marathon Oil has executed $200 million of share repurchases and is targeting approximately $300 million of additional share repurchases before year-end for total fourth quarter share repurchases of approximately $500 million. Marathon Oil expects its total fourth quarter return of capital to equity holders, inclusive of the base dividend and share repurchases, to equate to approximately 50% of cash flow from operations. The company's board of directors approved an increase in total share repurchase authorization to $2.5B."
PXD

Hot Stocks

16:20 EDT Pioneer Natural sees Q4 oil production 388-403 MBOPD - Fourth quarter 2021 oil production is forecasted to average between 388 to 403 MBOPD and total production is expected to average between 670 to 695 MBOEPD, reflecting the impact of the Glasscock acreage divestiture that closed in October 2021. Production costs are expected to average $7.50 per BOE to $9.00 per BOE, reflecting the impact of higher commodity prices on forecasted production taxes. DD&A expense is expected to average $10.75 per BOE to $12.75 per BOE. Total exploration and abandonment expense is forecasted to be $10 million to $20 million. G&A expense is expected to be $67 million to $77 million. Interest expense is expected to be $39 million to $44 million. Other expense is forecasted to be $15 million to $30 million. Accretion of discount on asset retirement obligations is expected to be $2 million to $5 million. The cash flow impact related to purchases and sales of oil and gas, including firm transportation, is expected to be a loss of $45 million to $75 million, based on forward oil price estimates for the quarter. The Company's effective income tax rate is expected to be between 22% to 27%.
COLD

Hot Stocks

16:16 EDT Americold Realty Trust terminates Fred Boehler as CEO without cause
COLD

Hot Stocks

16:16 EDT Americold Realty Trust names George Chappelle as interim CEO - George Chappelle, a former Tyson Foods executive and former Chairman of the Board of AGRO Merchants Group, has been appointed Interim CEO, effective immediately. Chappelle's appointment follows the decision of the Americold Board of Trustees to terminate Fred Boehler without cause. Boehler also resigned as a Trustee. The Americold Board has engaged a nationally recognized search firm to identify a permanent CEO, it said. The company noted that Mr. Boehler's departure is not related to any disagreement with the Board or members of management concerning corporate strategy or financial or accounting matters.
SBOW

Hot Stocks

16:13 EDT SilverBow Resources sees FY21 production 2210-215 MMcfe/d - For the fourth quarter of 2021, SilverBow is guiding to estimated production of 240-250 MMcfe/d, with natural gas volumes expected to comprise 180-189 MMcf/d or 75% of total production at the midpoint. For the full year 2021, the company is guiding to a production range of 210-215 MMcfe/d, a 4% increase at the midpoint compared to prior guidance. Production guidance is inclusive of the two acquisitions which SilverBow announced in August 2021, both of which have since closed. For the full year 2021, the Company anticipates FCF to be $80-$90 million, a $35 million or 70% increase at the midpoint compared to prior guidance. Full year capital budget guidance is unchanged at $115-$130 million, but now reflects four gas well completions, which were previously going to be deferred to early 2022, as a result of cost savings realized in the third quarter. The 2021 capital program is focused on inventory expansion, Austin Chalk delineation and free cash flow generation, and represents a re-investment rate of approximately 60%.
PETQ

Hot Stocks

16:13 EDT PetIQ expects to open 100 new wellness centers in 2021 - The company said, "The Company expects to open approximately 100 new wellness centers in 2021 compared to its previously stated plan to open 130 to 170. The Company plans to begin construction on new wellness centers once all required in-center labor is hired given the current labor market. While the Company's outlook remains suspended due to the uncertainty from potential COVID-19 and Delta-variant related impacts to its business, it continues to have record year-over-year net sales and adjusted EBITDA results. The Company is optimistic the Services segment will continue to generate significant improvements to its operations in the fourth quarter of 2021. As the impacts to the Company's Services segment lessen and become more predictable, it will then be in a better position to provide formal guidance. For the Products segment, the Company maintains its strong visibility to another year of solid sales growth and Adjusted EBITDA margin expansion. The Company continues to expect full year 2021 incremental EBITDA contribution from Capstar(R) of greater than $20 million. Long-term, the Company remains confident in achieving its strategic and financial objectives."
SBOW

Hot Stocks

16:12 EDT SilverBow Resources reports Q3 net production 212 MMcfe/d - Reports Q3 net production of 212 million cubic feet of natural gas equivalent per day. Net oil production of 4,000 barrels per day, above the high end of guidance and a 46% increase quarter-over-quarter. Sean Woolverton, SilverBow's CEO, commented, "SilverBow has been active on the M&A front since our last update. We announced three accretive acquisitions since August which increase our production base, expand our Austin Chalk development and add more than five rig-years of drilling inventory. For the third quarter, oil production increased almost 50% sequentially and is expected to increase into year-end as we capitalize on our mid-year liquids development program. In our Webb County area, our second Austin Chalk well continues to outperform its type curve. Year-to-date, we have added approximately 50 high-return Austin Chalk locations through successful delineation across our acreage position."
RGLD

Hot Stocks

16:11 EDT Royal Gold increases stream segment, royalty stream sales volume guidance - Royal Gold increased its guidance for total stream segment and royalty sales volume to a range of between 180,000 and 190,000 GEOs for the 6-month transition period ending December 31, 2021. For the same period, depreciation, depletion and amortization expense is expected to range between $525 and $575 per GEO, and the effective tax rate is expected to range between 18% and 22%. Other than potential remaining conditional funding at Khoemacau of $26.5 million and potential exploration and resource payments under the NX Gold Stream of $10 million, Royal Gold has no other project capital commitments or financing obligations.
CDXC

Hot Stocks

16:09 EDT ChromaDex sees FY21 gross margin just above 60% - The company states: "Looking forward, for the full year, the Company expects continued, steady revenue growth driven by its global e-commerce business, as well as growth with existing and new strategic partners. The Company expects slightly better than 60% gross margin and slightly higher general and administrative expense, excluding severance, restructuring and legal expense, for full year 2021. The Company plans to increase investments and resources to drive brand awareness and accelerate its research and development pipeline to capitalize on growth in the nicotinamide adenine dinucleotide (NAD+) market globally. Accordingly, the Company expects higher research and development expense and higher selling and marketing expense as a percentage of net sales year-over-year. "
QCOM

Hot Stocks

16:04 EDT Qualcomm exceeding 2019 Analyst Day targets, says CEO Amon - "As of fiscal 2021, we are exceeding our 2019 Analyst Day targets for revenue growth and diversification and operating margin expansion, while more than doubling our year-over-year Non-GAAP EPS," said Cristiano Amon, President and CEO of Qualcomm Incorporated. "We are well positioned to continue to lead in mobile and enable the digital transformation of industries with our broad portfolio of relevant technologies. Our results across RF front-end, Automotive and IoT attest to the success of our technology roadmap and revenue diversification strategy."
APA

Hot Stocks

16:02 EDT APA Corp. increases quarterly dividend to 12.5c per share - The board of directors of APA Corp. has declared a regular cash dividend on the company's common shares, increasing the quarterly dividend rate to 12.5c per share, up from 6.25c per share. The dividend on APA common shares is payable February 22, 2022, to stockholders of record on January 21, 2022.
BKNG

Hot Stocks

16:02 EDT Booking Holdings CEO 'pleased' by 'another quarter of sequential improvement' - "We are pleased to report another quarter of sequential improvement in room night trends, which was primarily driven by better results in Europe. Revenue in our seasonally strongest third quarter was $4.7 billion, which was more than double the amount of revenue we recognized in the second quarter of 2021. We are encouraged by the signs of recovery we saw in many parts of the world in the third quarter, and our teams are working hard to continue to strengthen our company's position and execute against our strategic priorities," said Glenn Fogel, CEO of Booking Holdings.
AGR

Hot Stocks

15:42 EDT Avangrid, NECEC file suit challenging citizens' initiative voted on yesterday - NECEC Transmission LLC and Avangrid Networks, subsidiaries of Avangrid, Inc., announced that they have filed a lawsuit in Maine Superior Court challenging the citizens' initiative, or "Question 1," voted on yesterday. "We have followed the rules every step of the way in a transparent and public process and have received every regulatory approval required for this project to proceed, however, fossil fuel companies have done everything they can, including misleading Mainers, to try and block this clean energy project. This referendum was an act of bad faith by self-interested proponents and was targeted at stopping a single project," said Thorn Dickinson, President and CEO of NECEC Transmission.
KW

Hot Stocks

15:18 EDT Kennedy Wilson raises quarterly dividend 9% to 24c per share - The company will pay a quarterly dividend to common shareholders of record as of December 31, 2021 with a payment date of January 6, 2022.
CHRA

Hot Stocks

15:04 EDT Charah reports five-year sales and marketing contract from AECI - Charah Solutions announced that it has been awarded a five-year sales and marketing contract from Associated Electric Cooperative Inc., or "AECI," a power generation and transmission cooperative operating in three Midwest states, for the sustainable recycling of fly ash, bottom ash and boiler slag from AECI's Thomas Hill Energy Center. AECI is owned by and provides wholesale power to six regional and 51 local electric cooperative systems in Missouri, southeast Iowa and northeast Oklahoma that serve 935,000 members. Scott Sewell, Charah Solutions President and CEO, said, "We are delighted to partner with AECI to manage their ash marketing needs at Thomas Hill while supplying our concrete producers with the high-quality material they need."
GD

Hot Stocks

14:51 EDT General Dynamics announces $190M cloud contract from USPTO - General Dynamics Information Technology, or GDIT, a business unit of General Dynamics, announced that it has been awarded a five-year, $190M contract from the United States Patent and Trademark Office, or USPTO, for enterprise cloud modernization. Under this contract, which was awarded in September, GDIT will deliver a scalable, hybrid multi-cloud platform to modernize USPTO's IT infrastructure, the company stated.
NVR

Hot Stocks

14:45 EDT NVR authorizes repurchase of $500M of outstanding common stock - NVR, Inc. announced that its board of directors has authorized the repurchase of $500M of its outstanding common stock. The company indicated that the authorization is a continuation of the stock repurchase program that began in 1994 and is "consistent with NVR's strategy of maximizing shareholder value."
HOOD

Hot Stocks

14:24 EDT Robinhood now supports DSPs through IPO Access - Robinhood said that it now supports Directed Share Programs, or DSPs, through IPO Access. A DSP gives an issuing company the chance to set aside a certain amount of shares, at the IPO price, for a specific group of people. Sometimes known as a "friends and family" offering, this group usually includes employees, valued customers, vendors, or others who have a relationship with the company. DSPs are designed to recognize "friends" of the company by giving them an opportunity to buy shares at the IPO price. They can facilitate meaningful community-driven interactions between companies going public and the individuals who have been a part of their journey leading up to the IPO. In a DSP, the company reserves a portion of IPO shares for a specific group of people and Robinhood helps distribute these shares to select individuals through the program. If those invited to participate in the DSP by the issuer are interested in investing in the company's IPO, they can use the Robinhood app or open an account if they're a new customer to request shares at the initial public offering price. Reference Link
MSEX

Hot Stocks

14:18 EDT Middlesex Water Chairman Doll sells $301K in company shares - Middlesex Water Chairman Dennis Doll sells 3,000 shares of company stock at $100.45 per share on November 3, for a total transaction amount of $301,364.
CLF

Hot Stocks

14:07 EDT Cleveland-Cliffs partners with U.S. DOE for Better Climate Challenge initiative - Cleveland-Cliffs announced that it has entered into a partnership with the U.S. Department of Energy as part of the Better Climate Challenge initiative, a new government-sponsored effort challenging organizations to set ambitious, portfolio-wide GHG emission reduction goals. The initiative provides additional opportunities for peer exchange and technical assistance to meet the urgent call to mitigate the impacts of climate change. As part of the partnership, the DOE will provide technical assistance and opportunities to learn and share actionable best practices for carbon reduction. Through the Better Climate Challenge, Cleveland-Cliffs remains committed to reducing greenhouse gas emissions 25% by 2030 from 2017 levels. This goal represents combined Scope 1 and Scope 2 GHG emission reductions on a mass basis across all operations. The company is also a proud partner of the Better Plants program. Lourenco Goncalves, Chairman, President and CEO, said, "We are pleased to now be working hand-in-hand with the U.S government in our efforts to meet our 2030 emissions target, and also share what we believe are global best practices in minimizing greenhouse gas emissions. Our operations are among the most environmentally friendly of their kind in the world, but we still continue to make improvements to reduce carbon emissions. This includes the use of HBI in blast furnaces, the increased utilization of prime scrap in our BOFs, and with that, the corresponding reduction in coke rate. We appreciate the DOE's recognition of our accomplishments thus far and look forward to reporting on our continued emissions reduction progress."
LDI

Hot Stocks

13:58 EDT LoanDepot says loans serviced in-house now represent 37% of portfolio - loanDepot stated: "Against a backdrop of growth in its total servicing portfolio, loans serviced in-house now represent 37% of the portfolio, compared to only 11% at the end of the first quarter of 2021. This represents a 236% increase in only six months." Dan Binowitz, executive vice president of servicing and capital markets at loanDepot, added in a press release from the company: "We're pleased with our momentum in transitioning more of our high-quality servicing portfolio in-house as we rely less on third party sub-servicing partners. Our growing servicing portfolio and expanding in-house capabilities perfectly complement our loan origination strategy and ensure we can provide a best-in-class experience for our customers throughout their entire mortgage journey. Our ultimate goal is to provide the most efficient, hassle-free and streamlined service possible."
CNOB

Hot Stocks

13:49 EDT ConnectOne Bancorp CEO Sorrentino sells 30,000 common shares - In a regulatory filing, ConnectOne Bancorp chairman, president, and CEO Frank Sorrentino III disclosed the sale of 30,000 common shares of the company on November 2 at a price of $34.1222 per share.
EXPI

Hot Stocks

13:44 EDT eXp World Holdings discloses receipt in June of subpoena from SEC - eXp World Holdings disclosed in a regulatory filing that on June 1, 2021, the company received a subpoena issued by the staff of the Division of Enforcement of the Securities and Exchange Commission requesting certain documentation and information relating to the company and to its commission and agent compensation practices during 2018 and 2019. "The company is fully cooperating with the SEC Staff regarding this non-public, fact-finding inquiry. The SEC Staff has informed the company that this inquiry should not be construed as an indication that any violations of law have occurred or that the SEC Staff has formed an opinion concerning the company's agent compensation practices. The company does not believe that the inquiry will have a material impact on the company's financial condition, results of operations or cash flow, but can provide no assurance concerning the timing or outcome of the inquiry. There are no other legal proceedings pending or, to our knowledge, threatened that we believe could have a material adverse impact on our business, reputation, results of operations or financial condition," the quarterly filing states.
HOLI

Hot Stocks

13:35 EDT Hollysys down over 20% after disclosing change in auditor - In a regulatory filing last night, Hollysys Automation Technologies reported that on October 31, 2021, the company engaged Union Power HK CPA Limited as the company's independent registered public accounting firm. Union Power succeeds Ernst & Young Hua Ming, which previously was the independent registered public accounting firm providing audit services to the company. "The change of the company's independent registered public accounting firm was approved by the audit committee and the board of directors of the Company. EY's audit report on the company's consolidated financial statements as of and for the year ended June 30, 2020 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. During the audit for year ended June 30, 2020, there was no disagreements, as defined in Item 16F (a)(1)(iv) of Form 20-F and the related instructions, between the company and EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to the satisfaction of EY would have caused them to make reference thereto in their report on the consolidated financial statements for such year. As of the date of EY's resignation, EY had not issued their audit reports on the company's consolidated financial statements for the year ended June 30, 2021. As disclosed in the company's Form 12b-25 dated November 2, 2021, the company is late in filing its annual report on Form 20-F for the year ended June 30, 2021 with the Securities and Exchange Commission. The company is working closely with EY and Union Power to ensure a seamless transition," the filing stated. In Wednesday afternoon trading, Hollysys shares trading in New York are down $4.19, or about 22%, to $15.19.
CNI...

Hot Stocks

13:20 EDT North American rail traffic dropped 3% in week ended October 30 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending October 30. "For railroads, the supply chain challenges are being felt most keenly in our intermodal terminals where rail customers have been unable to clear their freight as quickly as they and the railroads would like," said AAR Senior Vice President John T. Gray. "The shortages of dray trucks, drivers and warehouse space are significant constraints that drove intermodal volumes down in October. Railroads continue to work closely with their customers and supply chain partners to address these challenges, while maintaining network fluidity and delivering the maximum possible freight volumes safely and efficiently." North American rail volume for the week ending October 30 ,on 12 reporting U.S., Canadian and Mexican railroads totaled 337,727 carloads, up 3.7% compared with the same week last year, and 357,365 intermodal units, down 8.7% compared with last year. Total combined weekly rail traffic in North America was 695,092 carloads and intermodal units, down 3%. North American rail volume for the first 43 weeks of 2021 was 29,775,813 carloads and intermodal units, up 6.7% compared with 2020. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC) and Union Pacific (UNP) FreightCar America (RAIL), Trinity Industries (TRN), Greenbrier (GBX), and Wabtec (WAB). Reference Link
SQ

Hot Stocks

13:19 EDT Square says Cash App now available to users aged 13 and up with approval - The twitter account of Square's Cash App tweeted: "Cash App is now available to everyone 13+, with parent or guardian approval. Send, save, and design your own debit card." Reference Link
ATSG

Hot Stocks

13:06 EDT Air Transport Services selects Boeing for next converted freighter order - Air Transport Services Group (ATSG) has contracted with Boeing (BA) for the conversion of four aircraft to 767-300 Boeing Converted Freighters, the planemaker announced. "We are honored that ATSG has decided to make the 767-300BCF an integral part of their fleet expansion strategy, supporting customers looking to capitalize on strong e-commerce demand. As the OEM, Boeing has the original design data, robust supply chains, and dependable delivery schedules that benefit BCF customers such as ATSG. With that OEM advantage, we stand ready to meet ATSG's needs by bringing forward market-leading 767-300BCFs into its fleet," said Jens Steinhagen, director of Boeing Converted Freighters.
SONY

Hot Stocks

12:58 EDT CMA extends inquiry period into Sony acquisition of Kobalt Music - The United Kingdom's Competition and Markets Authority extended the reference period for Sony Music Entertainment's acquisition of the AWAL business and the Kobalt Neighbouring Rights business from Kobalt Music Group "until Sony provides the documents and information to the satisfaction of the CMA, or the CMA publishes its decision to cancel the extension." Reference Link
UNH CHNG

Hot Stocks

12:44 EDT Change Healthcare, UnitedHealth amend deal timing agreement with DOJ - Change Healthcare (CHNG) announced that on November 1, it and UnitedHealth Group (UNH) entered into an amendment to the timing agreement with the Department of Justice pursuant to which they agreed not to consummate the merger before 12:01 a.m. Eastern Time on February 22, 2022, unless they have received written notice from the DOJ prior to such date that the DOJ has closed its investigation. "The parties have been working cooperatively with the DOJ and will continue to do so," it added.
CHNG UNH

Hot Stocks

12:42 EDT Change Healthcare no longer issuing guidance due to OptumInsight deal - The company said, "Due to the proposed transaction with OptumInsight, we will no longer be providing financial guidance." On January 5, 2021, OptumInsight and Change Healthcare (CHNG) agreed to combine. Under the terms of the merger agreement, UnitedHealth Group (UNH), through a wholly-owned subsidiary, will acquire all of the outstanding shares of Change Healthcare common stock for $25.75 per share in cash.
ATNF

Hot Stocks

12:08 EDT 180 Life Sciences names Quan A. Vu COO/Chief Business Officer - 180 Life Sciences Corp. announced the appointment of Quan A. Vu to the role of Chief Operating Officer/Chief Business Officer. James Woody, 180 Life Sciences CEO commented, "I'm excited to welcome Quan to our management team. With his sound understanding of pipeline development, commercial assessment and go-to-market strategies, I believe he will add meaningful value to our efforts to bring novel drugs that fulfill unmet needs to market. Importantly, he has a very defined track record of success in both in-licensing, out-licensing, co-development and mergers and acquisitions." Prior to joining 180 Life Sciences, Vu served as a CBO/CFO consultant for LS Associates, a member company of LifeSci Partners.
FB...

Hot Stocks

12:07 EDT Facebook to pay creators bonuses for new subscribers until end of 2021 - Facebook (FB), which is in the process of rebranding as Meta (MVRS), stated in a blog post: "In June 2020, we opened up fan subscriptions, now called Subscriptions, to more creators and today we're sharing a number of exciting updates that will help creators make more money, earn a sustainable living and have more control over the businesses they build on Facebook... To help creators grow their subscription businesses, Facebook will pay creators a bonus of $5 - $20 for every new subscriber they get from now until the end of 2021. This new bonus program is part of the company's commitment to invest over $1 billion in creators through 2022. Creators can earn a bonus of up to $10,000 over the course of the program. It's invite-only in all 27 markets where the Subscriptions feature is available to creators. We hope to expand this bonus program and others in the coming months to help more creators build sustainable subscription businesses on Facebook... Earlier this year, as part of our commitment to supporting creators, we shared that Facebook would not collect any fees from creators on Subscriptions purchases until 2023, at the earliest. Creators, however, must still forfeit 15-30% of their earnings to companies like Apple whenever people purchase Subscriptions within the Facebook app on mobile devices. For recurring payments like subscriptions, this adds up quickly since that fee is paid every single month. Starting today, we're offering creators the ability to direct people to a website to complete their Subscriptions purchase using Facebook Pay. When people purchase Subscriptions from this website on web or mobile, creators will be able to keep 100% of the money they earn, excluding taxes." Reference Link
WMT PFE

Hot Stocks

12:06 EDT Walmart to administer Pfizer vaccine to eligible children starting this week - Lisa Smith, Senior Director of Clinical Strategy and Operations, Walmart U.S. (WMT), said in a statement: "The U.S. Food and Drug Administration and Centers for Disease Control and Prevention have authorized the Pfizer (PFE) vaccine for children aged 5 to 11. This is a positive step forward in our ongoing efforts to serve and protect our communities... Walmart and Sam's Club will administer the Pfizer vaccine to eligible children ages 5 to 11 in more than 5,100 pharmacies nationwide starting later this week as supply allows. The FDA and CDC have carefully evaluated the safety and effectiveness data, and after a thorough review, based on strict safety and efficacy standards, they determined the vaccine is safe for children aged 5-11, at one-third of the dose used for adolescents and adults."
GOOG GOOGL

Hot Stocks

12:05 EDT Waymo to bring autonomous cars to New York City - Alphabet's Waymo said that, starting tomorrow, it is bringing Waymo Driver to New York City for mapping and testing purposes. "New York City is the most densely populated city in the country, with bustling avenues, unusual road geometries, complex intersections, and constantly evolving layouts, and we've designed the Waymo Driver to handle these types of complex and dynamic activities that define city driving," Waymo said in a blog post. "Our vehicles will be manually operated by autonomous specialists at all times, to help us scale and advance our technology in support of our mission to make roads safer." "New Yorkers will begin to see Waymo vehicles driving in Manhattan this week, primarily south of Central Park," the Alphabet unit continued. "Our operations will extend down through the city to the Financial District and also out to a small section of New Jersey through the Lincoln Tunnel. We'll be manually driving with five hybrid Chrysler Pacificas on the street during daylight. Later, we'll manually drive several of our zero-emission Jaguar I-PACEs equipped with our latest technology on the same streets in Manhattan, as we continue learning from NYC's busy traffic and unique geometric features. The insights we'll gain will help the Waymo Driver improve its ability to perceive and predict the actions of other road users in dense urban areas." Reference Link
KORE

Hot Stocks

12:02 EDT Kore Group falls -17.5% - Kore Group is down -17.5%, or -$1.41 to $6.66.
TRQ

Hot Stocks

12:02 EDT Turquoise Hill falls -18.6% - Turquoise Hill is down -18.6%, or -$2.35 to $10.25.
AMZN

Hot Stocks

12:02 EDT Amazon Echo, eero devices to support Matter over Thread - Amazon announced its support for Matter over Thread in millions of Echo and eero households. "There are over 140,000 smart home products compatible with Alexa, and customers have connected more than 200 million smart home devices to Alexa over wifi, Zigbee, and BLE," Amazon said in a blog post. "By adding support for Matter, over Thread and wifi, we are continuing our efforts to ensure customers can use Alexa with as many devices as possible while allowing device makers to build with their preferred protocols. Thread provides a low-power, low-bandwidth, and low-latency mesh networking option when building Matter devices. We are already working with leading brands who are creating Matter over Thread devices, such as Yale, Wemo, Schlage, Sengled, Netatmo, Eve, Nanoleaf, Tuya, eWeLink and Leedarson." Reference Linkvg[p]22525381[t]w[r]theverge.com[d]D]
UIS

Hot Stocks

12:02 EDT Unisys falls -19.3% - Unisys is down -19.3%, or -$5.09 to $21.36.
GKOS

Hot Stocks

12:01 EDT Glaukos rises 21.2% - Glaukos is up 21.2%, or $9.56 to $54.62.
VRTV

Hot Stocks

12:00 EDT Veritiv rises 23.9% - Veritiv is up 23.9%, or $26.68 to $138.45.
RRD

Hot Stocks

12:00 EDT R.R. Donnelley rises 38.2% - R.R. Donnelley is up 38.2%, or $2.52 to $9.12.
MSFT

Hot Stocks

11:32 EDT Thomas Dohmke to become CEO of Microsoft's GitHub - Nat Friedman said earlier in a blog post: "This morning, I sent the following post to the GitHub team. TL;DR: I'm moving on to my next adventure, and Thomas Dohmke - currently Chief Product Officer - will be GitHub's next CEO. I will become Chairman Emeritus, which fulfills my lifelong ambition of having a title in Latin. My heartfelt thanks to every Hubber and every developer who makes GitHub what it is, every day... With all that we've accomplished in mind, and more than five great years at Microsoft under my belt, I've decided it's time for me to go back to my startup roots. What drives me is enabling builders to create the future. I've loved working with and learning from developers who are building new tools and new projects, solving thorny problems, and creating magic out of code. That's why I'm moving on to my next adventure: to support, advise, and invest in the founders and developers who are creating the future with technology and tackling some of the biggest opportunities of our day." The leadership changes are effective November 15, Friedman stated. Reference Link
VUZI

Hot Stocks

11:16 EDT Vuzix receives follow-on order for Vuzix Smart Glasses - Vuzix Corporation announced that the company has received a follow-on order for deployment of Vuzix Smart Glasses to another Fortune 50 customer to support its supply chain operations internationally.
MMC

Hot Stocks

11:10 EDT Marsh McLennan acquires Southwest Truck Insurance Agency, terms not disclosed - Marsh McLennan Agency announced the acquisition of Southwest Truck Insurance Agency, an independent agency in Irving, Texas. Terms of the acquisition were not disclosed. Founded in 1986, Southwest Truck Insurance specializes in business insurance solutions for the trucking industry, with expertise in domestic and cross-border trucking operations, serving clients in the US and Mexico. All of Southwest Truck Insurance's team, which is led by John Phillips, President, will join MMA.
DISCA...

Hot Stocks

11:04 EDT Discovery: Kevin Mayer to help steer WarnerMedia merger - Kevin Mayer, who helped build Disney+ (DIS), will serve as a consultant to Discovery's (DISCA) merger with WarnerMedia (T), Discovery said earlier on its earnings conference call. Discovery also noted that CFO Gunnar Wiedenfels will serve in the same role at the combined company.
MS

Hot Stocks

11:02 EDT Morgan Stanley announces 2030 targets for net-zero financed emissions commitment - Morgan Stanley announced new steps towards its commitment to reach net-zero financed emissions by 2050. Building on its commitment to finance $1T towards the Sustainable Development Goals, including $750MM of financing to drive the climate transition, Morgan Stanley has set 2030 interim targets for three sectors: Auto Manufacturing, Energy and Power. In September 2020, Morgan Stanley became the first major U.S.-headquartered financial services firm to commit to net-zero financed emissions by 2050. The release of the Firm's first interim targets represents an important milestone in support of its 2050 commitment. For each sector, Morgan Stanley is taking an approach that examines its financed emissions relative to client financing commitments. This will help the Firm align the relative carbon emissions footprint of its lending portfolios with science-based sector pathways to reach net-zero by 2050. Each sector target covers Scope 1, Scope 2 and Scope 3 emissions and all greenhouse gases and is inclusive of the corporate lending portfolio. The targets are: Auto Manufacturing: -35%; Energy: -29%; Power: -58%.
AGR

Hot Stocks

10:11 EDT Avangrid says vote in Maine 'a setback,' but 'not the end of the road' - Avangrid has issued the following statement in response to the results of yesterday's state referendum in Maine: ""Despite support from the current and former Governors of Maine, the Biden administration, both major dailies in Maine and significant efforts highlighting the importance of the New England Clean Energy Connect - NECEC - project, the fossil fuel companies, who have spent millions on a misinformation campaign about the NECEC project, have won the vote on a citizens' initiative also known as Question 1. Yesterday's vote in Maine was a setback in our progress toward a clean, sustainable energy future for the state, the region, and for our nation which urgently needs to embrace clean energy solutions. The irony should not be lost that as global leaders are gathered in Glasgow to address climate change, selfish fossil fuel interests remain focused on their own profits and are willing to spend millions to block badly needed clean energy projects like the NECEC. While the outcome of this election is disappointing, it is not the end of the road and we will continue to advocate for this historic and important clean energy project. We have followed the rules every step of the way in a transparent and public process and have received every regulatory approval required for this project to proceed. Politicians and their supporters shouldn't be allowed to tear up valid contracts, ignore the judicial and executive branches and go back in time to retroactively change the rules to stop a project like the NECEC just because it threatens their political and financial interests. We thank our supporters and the 148,000 Mainers who voted in support of the NECEC project. The benefits to the state as well as the region are immense, and we look forward to delivering clean energy to the New England region and the people of Maine."
SRNE

Hot Stocks

10:08 EDT Sorrento Therapeutics receives ANVISA approval for COVISTIX in Brazil - Sorrento Therapeutics announced receipt of approval from the Brazilian regulatory agency for COVISTIX in Brazil. COVISTIX manufacturing approval from ANVISA was published in the Brazilian government official journal on October 18th under registration CNPJ 17700763/0001-48, resolution #3951. COVISTIX marketing authorization from ANVISA was published in the Brazilian government official journal on November 3rd under the same registration, with reference # 25351.041767/2021-72 / 80961800001. The registration will be held for Sorrento by FUTURA Ltd, a highly respected local partner for hospitals and direct point of care distribution of prescription drugs and health products, while SYNOVA Ltd will distribute the test among their client network of diagnostic laboratories. This approval is expected to allow immediate commercial deployment in Brazil and in multiple Latin American countries with close ties to the Brazilian market.
RAD...

Hot Stocks

10:03 EDT Rite Aid prepares to begin administering COVID-19 vaccine doses to children - On November 2, 2021, the Centers for Disease Control and Prevention concurred with previous recommendations made by the Food and Drug Administration and the Advisory Committee on Immunization Practices, officially authorizing the emergency use of the Pfizer (PFE)-BioNTech (BNTX) COVID-19 Vaccine for the prevention of COVID-19 to include children 5 through 11 years of age. The Pfizer-BioNTech COVID-19 Vaccine for children 5 through 11 years of age is administered as a two-dose primary series, 3 weeks apart, but is a lower dose than that used for individuals 12 years of age and older. Rite Aid (RAD) said, "As a proud partner in the Federal Retail Pharmacy Program, Rite Aid is prepared to begin administering doses to children aged 5-11 as soon as the 10 microgram doses are distributed to Rite Aid, which is expected at the end of this week. The first available appointments for age 5-11 doses will be on Saturday, November 6. Those appointments may be booked through our scheduling tool beginning Thursday, November 4. Due to the current supply of 10 microgram doses, only select Rite Aid locations will be offering appointments."
CVS...

Hot Stocks

10:02 EDT CVS Health announces availability of Pfizer-BioNTech COVID-19 pediatric vaccine - CVS Health (CVS) announced that select CVS Pharmacy locations will be offering a two-dose primary series of the Pfizer (PFE) and BioNTech (BNTX) COVID-19 pediatric vaccine to children ages five to 11 years of age starting on Sunday, November 7, upon receipt and confirmation of vaccine supply. This follows authorization of the vaccine by the Centers for Disease Control and Prevention based on guidance from the organization's Advisory Committee on Immunization Practices and Food and Drug Administration Emergency Use Authorization.
TX

Hot Stocks

10:00 EDT Ternium falls -13.3% - Ternium is down -13.3%, or -$6.15 to $40.22.
TUP

Hot Stocks

10:00 EDT Tupperware Brands falls -14.0% - Tupperware Brands is down -14.0%, or -$3.28 to $20.18.
UIS

Hot Stocks

10:00 EDT Unisys falls -14.2% - Unisys is down -14.2%, or -$3.75 to $22.70.
BXC

Hot Stocks

10:00 EDT BlueLinx rises 16.9% - BlueLinx is up 16.9%, or $7.91 to $54.67.
GKOS

Hot Stocks

10:00 EDT Glaukos rises 27.3% - Glaukos is up 27.3%, or $12.29 to $57.35.
RRD

Hot Stocks

10:00 EDT R.R. Donnelley rises 36.5% - R.R. Donnelley is up 36.5%, or $2.41 to $9.01.
TUP

Hot Stocks

09:47 EDT Tupperware Brands falls -9.2% - Tupperware Brands is down -9.2%, or -$2.15 to $21.30.
TX

Hot Stocks

09:47 EDT Ternium falls -10.2% - Ternium is down -10.2%, or -$4.72 to $41.65.
BFAM

Hot Stocks

09:47 EDT Bright Horizons falls -10.7% - Bright Horizons is down -10.7%, or -$18.09 to $151.12.
PRG

Hot Stocks

09:47 EDT PROG Holdings rises 20.8% - PROG Holdings is up 20.8%, or $8.56 to $49.76.
GKOS

Hot Stocks

09:47 EDT Glaukos rises 25.1% - Glaukos is up 25.1%, or $11.31 to $56.37.
RRD

Hot Stocks

09:47 EDT R.R. Donnelley rises 37.4% - R.R. Donnelley is up 37.4%, or $2.47 to $9.07.
LMND

Hot Stocks

09:44 EDT Lemonade launches Lemonade Car - Lemonade unveiled its newest product - Lemonade Car - designed to bring a tech-first approach to the category. Lemonade Car is now available in Illinois and will be rolling out nationwide. Lemonade Car is designed to offer better prices for safe and low-mileage drivers, as well as environment-friendly EVs and hybrid cars. The Lemonade app uses telematics to measure how much and how safe people drive, as well as provide 24/7 on-location roadside assistance, real time crash detection, and dispatch of emergency services. In addition, customers will automatically receive significant discounts when bundling with other Lemonade products. Lemonade Car's claims process allows users to file claims in minutes, and when needed, get tow services, emergency EV battery recharge, and the ability to track repairs, body shop work, and more.
HUM

Hot Stocks

09:43 EDT Humana sees FY22 earnings growth at lower end of LT 11%-15% range - Comments taken from Q3 earnings conference call.
DAL EADSY

Hot Stocks

09:36 EDT Vmo Aircraft Leasing leases two A350 aircraft to Delta Air Lines - Vmo Aircraft Leasing announced the signing of a long-term lease agreement with Delta Air Lines (DAL) for two Airbus (EADSY) A350-900 aircraft. The aircraft were delivered during October.
RMNI

Hot Stocks

09:33 EDT Rimini Street appoints Kevin Mease as CPO - Rimini Street announced the appointment of Kevin Mease as its first chief product officer and the appointment of Bill Carslay as the first group vice president and general manager of Global Professional Services. Additionally, the Company appointed Jennifer Perry as the first group vice president and general manager of SAP Services and Frank Reneke as the first group vice president and general manager of Oracle Services. These new roles were created to accelerate Rimini Street's multi-product strategy, deepening the focus on evolving and developing a best-in-class product portfolio that delivers better outcomes than competitive solutions and excellent client experiences, extend the Company's vision and leadership position in the industry and contribute to the Company's growth. All report directly to Rimini Street's chief operating officer, Gerard Brossard. Prior to joining Rimini Street, Mease served as vice president of product management for talent acquisition provider Jobvite where he led organizational growth and innovation
XNCR

Hot Stocks

09:32 EDT Xencor announces updated data from tidutamab study - Xencor announced updated clinical data from a Phase 1 study of tidutamab, an SSTR2 x CD3 bispecific antibody, in patients with neuroendocrine tumors, or NETs. The data will be presented during the North American Neuroendocrine Tumor Society's 2021 Multidisciplinary NET Medical Virtual Symposium, or NANETS. The primary objectives of the Phase 1 study were to determine the safety and tolerability profile of tidutamab in patients with advanced, well-differentiated NETs of pancreatic, gastrointestinal, lung and undetermined origin, and to identify the maximum tolerated dose and/or recommended dosing regimen for continued study, which was determined to be a 0.3 mcg/kg priming dose followed by 1.0 mcg/kg on subsequent dosing days. At data cut-off in August, 41 patients with neuroendocrine tumors, with the initial lesion location in the pancreas, intestine, lung and other GEP-NET or unknown, received doses of tidutamab ranging from 0.1 to 2.0 mcg/kg. Dosing in the study included a lower priming dose, followed by a higher repeated dose on subsequent dosing days. The 20 patients in the expansion cohort received the recommended dosing regimen. Patients had a median age of 64 years and a median of four prior lines of systemic therapies. Fifty percent of patients received prior peptide receptor radionuclide therapy. Tidutamab was generally well tolerated at the 0.3/1.0 mcg/kg dose identified for the expansion portion of the study. All 41 patients treated were included in the safety analysis. The most common treatment-related Grade 3 or Grade 4 adverse events across all doses were lymphopenia, gamma-glutamyl transferase increases, transaminase increases and vomiting. In addition, Grade 3 esophageal dysmotility was observed in 7% of patients. CRS of any grade was observed in 41% of patients. The majority of CRS was limited to Grade 1 and Grade 2 and to the first two doses. Grade 3 CRS was observed in two patients upon the first dose. All patients experiencing CRS fully recovered. Analysis of peripheral blood biomarkers indicated that tidutamab induced acute and sustained T-cell activation at the recommended dose for expansion. CD8-positive effector T cells showed a dose-dependent increase in proliferation and activation markers that began within 48 hours of the first dose and persisted at least seven weeks, as measured at cycle 2, day 22. The best overall response was stable disease, with a disease control rate of 27%. Higher tumor PD-L1 expression was associated with a shorter time on study, and the patients with prolonged stable disease were most likely to have low or absent PD-L1 expression, suggesting a potential beneficial effect from the combination of tidutamab with PD-L1 inhibitors.
NTNX PSTG

Hot Stocks

09:32 EDT Nutanix appoints Dominick Delfino as chief revenue officer - Nutanix (NTNX) announced the appointment of Dominick Delfino as chief revenue officer, effective December 6. Delfino will be responsible for leading the company's worldwide sales organization including sales engineering, sales operations, inside sales, OEM sales, and channel sales. Delfino brings more than 20 years of global sales experience, having led software sales and system engineering teams at multiple technology and software companies. Most recently, Delfino was chief revenue officer at Pure Storage (PSTG).
NVAX

Hot Stocks

09:31 EDT Novavax files Covid-19 vaccine for provisional approval in New Zealand - Novavax announced the company has filed for provisional approval of the vaccine to the New Zealand Medicines and Medical Devices Safety Authority. "Today's submission marks Novavax' continued progress in bringing the first protein-based COVID-19 vaccine based on phase 3 data to the global community," said Stanley C. Erck, President and CEO. "We remain laser-focused on delivering our vaccine, which is built on a proven, well-understood vaccine platform, and thank the Government of New Zealand for their ongoing partnership and confidence in our COVID-19 vaccine program." Novavax has now completed the submission to Medsafe of all modules required for the regulatory evaluation of NVX-CoV2373, a recombinant nanoparticle protein-based COVID-19 vaccine with Matrix-M adjuvant, it said, noting that the submission includes clinical data from PREVENT-19, a pivotal Phase 3 trial of 30,000 participants in the U.S. and Mexico that demonstrated 100% protection against moderate and severe disease and 90.4% efficacy overall. Clinical data from a pivotal Phase 3 trial of 15,000 participants in the U.K. were also previously submitted to Medsafe, in which NVX-CoV2373 demonstrated efficacy of 96.4% against the original virus strain, 86.3% against the Alpha variant and 89.7% efficacy overall. In both trials, NVX-CoV2373 demonstrated a favorable safety and tolerability profile, Novavax said.
F

Hot Stocks

09:29 EDT Ford reports October U.S. vehicle sales 175,918, down 4% - Continuous improvement in inventories and new products made Ford the best-selling automaker in America for the second month in a row, which was last accomplished 23 years ago. Retail sales improved 16 percent, relative to September, with retail share up 1.6 percentage points. We also had our third consecutive month with over 30 percent of our retail sales coming from customer orders, while also adding 77,000 new orders in October. F-Series, strong SUV sales driven by Bronco, Bronco Sport, Mustang Mach-E and the first full month of Maverick sales really fueled our performance," said Andrew Frick, vice president, Ford Sales U.S. and Canada.
AIHS

Hot Stocks

09:28 EDT Senmiao Technology signs cooperation agreement with Guizhou Ride-Hailing - Senmiao Technology signied a new cooperation agreement with Guizhou Zhongxuan Online Ride-hailing, one of the largest online ride-hailing companies in Guizhou Province focused on tourism and charter passenger transportation, passenger station management, online ride-hailing platform operation, new energy vehicle sales and maintenance, as well as electric vehicle charging and swapping power station operations. Senmiao will provide customized passenger transportation, intercity carpooling, city express, Gaode SAAS express operation support services, as well as the development, implementation and technical support for Zhongxuan's taxi brand in Guiyang City and other key cities and regions in Guizhou Province. Zhongxuan will provide the certifications and resources for the customized passenger transportation, intercity carpooling and online ride-hailing business and will also manage communications with local government officials. The two parties anticipate signing additional contracts to specify details surrounding this cooperation in the future.
PTPI

Hot Stocks

09:24 EDT Petros Pharmaceuticals reports 476% y-o-y growth of Stendra tablet sales - Petros Pharmaceuticals announced a 476% growth year-over-year of Stendra tablet sales as part of an exclusive digital health marketing agreement with Hims & Hers Health, a multi-specialty telehealth platform focused on providing personalized health and wellness experiences to consumers. Stendra is currently FDA-approved in 50mg, 100mg and 200mg tablets, all of which are now accessible through the Hims platform.
CSSE

Hot Stocks

09:19 EDT Chicken Soup for the Soul launches Television Group - Chicken Soup for the Soul Entertainment announced the formation of the Chicken Soup for the Soul Television Group lead by EVP, David Ellender, former CEO of Fremantle Media Ent. The Chicken Soup for the Soul Television Group will consist of four production labels including Landmark Studio Group, the recently acquired Locomotive Global, Chicken Soup for the Soul Studios and the newly formed Halcyon Studios, of which Ellender is Chief Executive Officer and which was formed post the acquisition of the Sonar Entertainment development and production assets in June 2021. David Ellender was CEO of Sonar Entertainment, the studio that developed, produced, and co-produced a range of TV series including The Son starring with Pierce Brosnan for AMC, Das Boot for Sky Europe, Mr. Mercedes for The Audience Network and Alien Xmas for Netflix.
FWRD

Hot Stocks

09:19 EDT Forward Air buys assets of BarOle Trucking, trucking assets of TKI Intermodal - "Forward Air is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Our primary focus is to pursue accretive acquisitions that complement or expand the Expedited LTL division, while continuing to grow our intermodal segment with strategic acquisitions. As part of the inorganic growth strategy, Forward announced that it has entered into two separate agreements to acquire the assets of BarOle Trucking, . and the trucking-related assets of TKI Intermodal . These acquisitions are a part of the company's strategy focused on infrastructure investment to advance intermodal transportation capabilities and market leadership, while also gaining additional storage yards, chassis, and drivers. The acquisitions are expected to add $25M in revenue for the company and more than 82 new employees, including 95 drivers -- quadrupling Forward's total number of drivers in the Minneapolis Intermodal market. "The trucking and logistics industry is under unprecedented pressure, especially within the intermodal market, as we have seen higher demand than normal," says Tom Schmitt, Chairman and CEO of Forward Air. "The acquisitions are a continuation of our business strategy, empowering us with the additional resources necessary to meet growing customer demand while driving efficiency, market expansion, and industry-leading career opportunities." As with all of Forward's acquisitions in this space, the company was eager to seek BarOle, the largest intermodal carrier in the Twin Cities, and TKI, a Minneapolis-based freight shipping company that specializes in container drayage transportation and storage, due to their equal focus on quality service with cultures compatible with Forward Intermodal.
BLNK

Hot Stocks

09:17 EDT Blink Charging awarded grant funds to deploy DC Fast Chargers in Michigan - Blink Charging announced that it has been awarded a grant from Michigan Consumers Energy and an additional grant from the Michigan Department of Environment, Great Lakes and Energy for the installation of DC fast charging stations across the state of Michigan. The six DC fast chargers were installed at two separate locations in Traverse City and Clare, Michigan. These grants are part of a larger effort by the state of Michigan to create a strategic, accessible network of EV chargers for its residents and visitors and are funded by the Michigan Consumers Energy "Power MI Drive" program and EGLE. The EGLE grant is funded through the Volkswagen mitigation trust fund as part of the emission settlement and comes at no cost to the Michigan taxpayer.
POETF

Hot Stocks

09:14 EDT Poet Technologies raises $14M for 2016 warrants - POET Technologies announced the Company raised approximately $14.1 million on the exercise of the C$0.52 warrants that were issued as part of its public offering in 2016. The warrants expired at the close of business yesterday, November 2, 2021. Since the original date of issuance on November 2, 2016, a combined 33,867,000 warrants were exercised of the total 34,800,000 warrants issued, generating gross proceeds of approximately $14.1 million. 13,115,750 of these warrants were exercised since June 30, 2021, netting the Company approximately $5.4 million in additional capital. The Company is also reporting that its unaudited cash balance subsequent to the expiration of warrants on November 2, 2021 was approximately $23.8 million.
ADIL INVVY

Hot Stocks

09:13 EDT Adial Pharmaceuticals appoints Cary Claiborne to board of directors - Adial Pharmaceuticals (ADIL) announced the appointment of Cary Claiborne to the Board of Directors, increasing the number of board members to seven. Claiborne previously served as CFO and board member of Indivior (INVVY).
BGRY

Hot Stocks

09:11 EDT Berkshire Grey announces Robotic Shuttle Product Sortation solution - Berkshire Grey announced general availability of its Robotic Shuttle Product Sortation solution for order fulfillment. The system supports filling eCommerce orders through stores and in-person shopping by automating store replenishment, allocation order processing, split-case cross docking, sortation, and packing. RSPS increases processing capacity and throughput for existing operations without adding labor, helps right-size store inventories, and enables eCommerce fulfillment from stores to scale. Following a series of successful installations at major U.S. retailers, the solution is now generally available for global deployments.
SHAK

Hot Stocks

09:09 EDT Shake Shack partners with FreedomPay to bring added choice for payment type - Shake Shack announced a strategic partnership with FreedomPay, implementing Next Level Commerce solutions across over 200 locations in the United States. FreedomPay will bring added choice of payment type for guests through its Touchless Commerce capabilities. Shake Shack has already began the process of rolling out FreedomPay's Touchless Commerce solution as part of their commitment to always delivering an exceptional guest experience. "With the ever changing landscape of hospitality because of the pandemic and the rise in online ordering and online experiences, we're always innovating in the deployment of new technology solutions to meet our guests needs," said Dave Harris, CIO of Shake Shack. "FreedomPay gives us the ability to standardize how we are managing payments across all of our channels in an integrated way. It also provides guests with secure and convenient options for how they pay, both in-Shack and on our digital channels."
MXCT ALDX

Hot Stocks

09:08 EDT MaxCyte appoints Richard Douglas as chairman of the board - MaxCyte (MXCT) announces that its Board of Directors has appointed Richard Douglas, PhD, as Chair of the Board. Richard Douglas has been a Board Member since February 2018. He succeeds J. Stark Thompson, PhD, who previously announced his decision not to seek re-election. Dr. Thompson will remain as a consultant to MaxCyte. Dr. Douglas is a veteran pharmaceutical executive who presently serves as an adviser at RedSky Partners, Chair of the Board of Aldeyra Therapeutics (ALDX), and Chair of the National Advisory Board of Innovation Partnerships at the University of Michigan.
MAX

Hot Stocks

09:07 EDT MediaAlpha appoints Patrick Thompson as CFO - MediaAlpha announced the appointment of Patrick Thompson as Chief Financial Officer, effective December 6. Bringing significant finance executive experience in various roles with Expedia Group, Mr. Thompson will oversee finance, accounting and corporate development for the Company. Over his 11 years with Expedia, Mr. Thompson has led finance organizations responsible for billions of dollars of annual revenue and spend and thousands of employees across a series of roles with increasing responsibility, including corporate development, strategy, analytics, financial planning and analysis, procurement, and investor relations. Mr. Thompson's professional experience also includes working as a management consultant at Bain & Company and as an associate at Bain Capital.
VLDR

Hot Stocks

09:06 EDT Velodyne Lidar founder issues statement regarding board changes - David Hall, the beneficial owner of approximately 42.9% of the outstanding common stock of Velodyne Lidar, issued the following statement in response to the company's November 1 announcement and Form 8-K filing regarding changes to its board: "While we welcome the news of Brad Culkin's retirement from the Board, it does not remedy the fact that we believe Chairman Michael Dee continues to lead Velodyne Lidar down the path of financial ruin. During Mr. Dee's tenure, Velodyne Lidar has fallen from its position as a global leader in lidar technology and innovation, and the Board has undertaken a series of anti-stockholder actions that has, in our view, resulted in insular corporate governance, troubling underperformance and strategic incompetency. In its latest affront to stockholders, the Company reported that Mr. Dee has been reclassified from a Class II director to a Class III director, in an apparent attempt to avoid having him stand for re-election at next year's Annual Meeting, which would have provided Velodyne Lidar's stockholders an opportunity to voice their opinions on his performance with their votes and could have resulted in him being voted off the Board. Stockholders may not have noticed this action, because although the Company issued a press release to announce Board matters, including Mr. Culkin's retirement, it did not mention this self-serving shift from Class II to Class III for Mr. Dee in the press release. Rather, the Company elected to tuck this disclosure into a regulatory filing in one sentence at the end of an unrelated paragraph. Investors not reading the fine print would have completely missed this shift - likely the result Mr. Dee and the Company intended. I believe this approach to disclosure is just another example of the culture of obfuscation that Mr. Dee has promulgated at the Company and the lack of transparency with stockholders that I can only assume he considers acceptable. I also find it ironic that the Board approved this shift in classes and reported it in this manner on the same day that it touted the appointment of a 'corporate governance expert' to the Board. I urge stockholders to consider the Board's actions carefully - if the Board was truly concerned with restoring a culture of integrity and good governance, as it would have its stockholders believe, why would it engage in such a brazen entrenchment maneuver? Unfortunately, this move appears to be the latest in a troubling pattern of stockholder disenfranchisement actions undertaken by the incumbent Board. Stockholders will surely remember how the Board manipulated the Company's corporate machinery in a similar fashion last February by transitioning director Christopher Thomas from a Class I director to a Class II director to seemingly avoid having him stand for re-election at this year's Annual Meeting. Will this Board ever give Velodyne Lidar's stockholders the opportunity to exercise their stockholder rights and vote on Messrs. Dee and Thomas' positions as directors or will this shell game continue, with Messrs. Dee and Thomas becoming Class III and Class I directors in the near future? Stockholders should rest assured that I will continue to fight on their behalf to help urge Velodyne Lidar to embrace good corporate governance, revitalize its integrity-rich culture and return to its position at the forefront of innovation and engineering excellence."
NNDM

Hot Stocks

09:05 EDT Nano Dimension announces acquisition of Essemtec - Nano Dimension announced that it has signed and closed a definitive agreement to acquire Essemtec based in Lucerne Canton, Switzerland. ESSEMTEC's product portfolio is comprised of production equipment for placing and assembling electronic components on printed circuit boards. Transaction outline: Nano Dimension will pay ESSEMTEC shareholders a total sum, in cash, ranging between $15.1M-$24.8M and $15.1M will be paid upon closing. An additional amount of up to $9.7M will be paid over 14 months based on a pre-agreed performance-based formulas. Yoav Stern, Chairman and Chief Executive Officer of Nano Dimension, shared, "ESSEMTEC's scientists and engineers and other team members, all of whom joined Nano Dimension upon closing of this transaction, are leading experts and industry veterans in machine building, software, mechanical automation, and robotics. They are going to continue to be led by their present management crew, supported by Ziki Peled, COO of Nano Dimension. ESSEMTEC's present products fit Nano Dimension's PCB and PCB assembly markets, as well as the Original Equipment Manufacturers verticals which we serve. As such, we hope to leverage the distribution channels and go-to-market efforts of both organizations. In parallel, our mutual vision is to merge the technologies of our micro-electronic 3D-fabrication machines for Hi-PEDs with ESSEMTEC's fuller suite of in-fabrication-process-equipment-assembly capabilities."
MYSZ

Hot Stocks

09:05 EDT My Size's measurement solution selected by UAE uniform provider Threads - MySize's AI-drive measurement solution has been selected by Threads of the UAE. Threads is one of the largest manufacturers and distributors of School & Corporate wear uniforms in the UAE. Established in 2010, Threads supplies 90 Schools, servicing more than 200,000 students and various corporate institutions, including security, transport, hotel, restaurants and others.
ADTX

Hot Stocks

09:05 EDT Aditx teams with CLX Health to advance AditxtScore for COVID-19 - Aditxt announced a partnership with CLX Health, a developer of cloud-based solutions. The goal of this partnership is to accelerate the market availability of AditxtScore for COVID-19 through CLX Health's TrustAssure Solution Suite. TrustAssure Solution Suite is a multi-stakeholder engagement platform that consumers, laboratories, healthcare providers, health plans, and public health authorities can access to communicate vital health information for real-time risk assessment to manage the COVID-19 pandemic and other public health emergencies. Aditxt will be working with CLX Health to expand sample collection sites for AditxtScore for COVID-19 through the TrustAssure global network of COVID-19 testing partners. The seamless partnership with CLX Health will offer additional methods for scheduling, testing, and reporting results through its HIPAA compliant platform. TrustAssure provides travelers answers on the risk of where they have been and where they are going. AditxtScore for COVID-19 adds further insight by providing individuals with a more complete immune profile, specific to COVID-19. AditxtScore benefits travelers seeking to better understand and manage their immune status ahead of travel, enabling them to take more control of their own personal health risks. "The partnership with CLX Health is an important step in our AditxtScore(TM) worldwide rollout and will increase the brand recognition of AditxtScore(TM) as a leading immune monitoring service," said Amro Albanna, Co-founder and Chief Executive Officer of Aditxt. "TrustAssure is a leader in the COVID-19 testing space for work, entertainment and travel related engagements. We are pleased to work with the team at CLX Health in creating alliances through their industry-leading platform," Mr. Albanna added. CLX Health's Global Lab Director Bob Fleury commented, "AditxtScore(TM) for COVID-19 is a unique, precise, and comprehensive COVID-19 test that delivers a lot more than a negative or positive result, so we are thrilled to partner with Aditxt to add AditxtScore(TM) for COVID-19 to our TrustAssure platform. This kind of immune monitoring tool is an essential component for managing the COVID-19 pandemic."
JKHY

Hot Stocks

09:04 EDT Jack Henry CFO and CTO both retiring in June 2022 - Jack Henry CFO and Treasurer Kevin Williams and Chief Technology Officer Ted Bilke have both informed the company of their intention to retire in June 2022. Jack Henry will be working with an executive search firm to identify and evaluate potential successors to replace Williams from a pool of internal and external candidates. Ben Metz, Head of Digital at Jack Henry, has been named Bilke's successor and will assume the role of Chief Digital & Technology Officer in January when Bilke steps down as CTO. Bilke will remain with the company until his retirement to assist Metz with the transition.
FTNT

Hot Stocks

09:03 EDT Fortinet says 26 Security Fabric solutions achieve DoDIN APL certification - Fortinet Federal announced that 26 additional Fortinet Security Fabric solutions have achieved Department of Defense Information Network Approved Products List certification. The certification qualifies designated Fortinet products for sale to Department of Defense agencies based on stringent Security Technical Implementation Guide testing, a standardized methodology for the secure installation and maintenance of computer software and hardware. The addition of these products to the existing APL means that the DoD can choose from an even wider range of Fortinet's industry-leading solutions to address unique and demanding cybersecurity needs. In addition to DoDIN APL certification, Defense Information Systems Agency published a FortiGate Security Technical Implementation Guide . The guide details to DoD administrators specific security hardening configuration guidance to provide greater assurance that FortiGate firewalls are deployed in a manner consistent with DoD policies and guidelines. Fortinet products that have received DoDIN APL certification include the following: FortiGate 60F, FortiGate 61F, FortiGate 100F, FortiGate 101F, FortiGate 140E, FortiGate 140E-POE, FortiGate 300E, FortiGate 301E, FortiGate 400E, FortiGate 401E, FortiGate 500E, FortiGate 501E, FortiGate 600E, FortiGate 601E, FortiGate 1100E, FortiGate 1101E, FortiGate 1500DT, FortiGate 3400E, FortiGate 3401E, FortiGate 3600E, FortiGate 3601E, FortiGate 3800D, FortiGate 3960E, FortiGate 3980E, FortiGate 5001E, and FortiGate 5001E1.
PEGA...

Hot Stocks

09:03 EDT Pegasystems announces collaboration with Google Cloud - Pegasystems (PEGA) announced a collaboration with Google Cloud (GOOG, GOOGL) that will help improve experiences in healthcare with better data insights and personalization. This partnership between Pega and Google Cloud will bring together the capabilities of Google Cloud's Healthcare Data Engine and Pega's suite of intelligent healthcare solutions. Organizations will be better positioned to deliver optimal care and health outcomes to millions of people by combining Google Cloud's ecient, comprehensive data platform and Pega's personalized recommendations. This partnership with Google Cloud will allow Pega's clients to congure their applications so Google Cloud's Healthcare Data Engine -- which enables advanced analytics and AI in a secure, compliant, and scalable cloud environment -- seamlessly works with Pega's healthcare solutions. These solutions include Pega Care Management, Pega Customer Service for Healthcare, Pega Sales Automation for Healthcare, and Pega Customer Decision Hub. Google Cloud's Healthcare Data Engine harmonizes data from multiple sources, including medical records, claims, clinical trials, and research data, providing a foundation for Pega to facilitate and optimize millions of individualized, data-based conversations between consumers and health organizations, including service and claims interactions, and care navigation activities.
RFL

Hot Stocks

09:03 EDT Rafael Holdings announces EMA granted orphan drug designation to CPI-613 - Rafael Pharmaceuticals announced that the European Medicines Agency, EMA, has granted orphan drug designation to CPI-613, devimistat, for the treatment of Burkitt's lymphoma. This orphan drug designation is the third granted for devimistat by the EMA, following designations for pancreatic cancer and acute myeloid leukemia. The Food and Drug Administration has granted orphan drug designation for devimistat in seven indications in the United States, including in Burkitt's lymphoma.
BWA

Hot Stocks

09:02 EDT BorgWarner awarded contract with global OEM for high voltage inverters - BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle platforms including a variety of passenger cars and trucks. The business award marks the company's largest major silicon carbide based inverter win and the first silicon carbide based inverter win in North America. The inverters leverage BorgWarner's Viper family of scalable power modules. The launch of the inverter is slated for 2024.
MAR

Hot Stocks

08:57 EDT Marriott: Business transient has picked up 'a bit' in October
PTEN

Hot Stocks

08:57 EDT Patterson-UTI reports October average 103 drilling rigs operating in U.S. - Patterson-UTI reported that for the month of October 2021, the company had an average of 103 drilling rigs operating in the United States. Average drilling rigs operating reported in the company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States.
MAR

Hot Stocks

08:54 EDT Marriott 'quite bullish' about leisure
MAR

Hot Stocks

08:53 EDT Marriott 'could be in a position' to restart capital returns in 2H22
HTZ HTZZ

Hot Stocks

08:53 EDT Hertz buying back stock, applies to list on Nasdaq under ticker symbol 'HTZ' - Hertz Global Holdings (HTZZ) announced that it has launched a public offering of its common stock by certain stockholders of Hertz. The selling stockholders are offering 37.1M shares of Hertz common stock, of which Hertz intends to repurchase from the underwriters shares having an aggregate purchase price of between $250M-$500M. In addition, a selling stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 5,565,000 shares of Hertz common stock. The public offering price is expected to be between $25.00 and $29.00 per share. Hertz will not receive any proceeds from the sale of shares by the selling stockholders. Hertz expects to fund the repurchase with cash on hand. The repurchase is subject to completion of the offering and the satisfaction of other customary conditions. In addition, the company announced that it has applied to list on The Nasdaq Global Select Market under the ticker symbol "HTZ." Hertz's common stock currently trades on the over-the-counter market under the symbol "HTZZ."
MAR

Hot Stocks

08:50 EDT Marriott 'not in a position' to give specific earnings, RevPAR guidance
MAR

Hot Stocks

08:50 EDT Marriott optimistic about pace of global recovery into 2022
BIG

Hot Stocks

08:48 EDT Big Lots will open Thanksgiving Day with 50% off all toys storewide - Big Lots will be open Thanksgiving Day from 7 a.m. to 9 p.m. at all locations nationwide with a 50% discount on all toys. In addition to extended hours on Thanksgiving Day, Big Lots will be open from 6 a.m. to 11 p.m. on Black Friday, Nov. 26, from 8 a.m. to 11 p.m. on Saturday, Nov. 27 and 9 a.m. to 10 p.m on Sunday Nov. 28.
BIG

Hot Stocks

08:48 EDT Big Lots will be open Thanksgiving Day with 50% off all toys storewide - Big Lots will be open Thanksgiving Day from 7 a.m. to 9 p.m. at all locations nationwide with a 50% discount on all toys plus recliners for only $199.99. Continuing with great deals throughout the weekend, Black Friday hours are 6 a.m. to 11 p.m. In addition, on Black Friday from 6 a.m. to noon, Big Rewards members will receive an extra 15% off their entire purchase and $10 in Big Bucks coupons for every $100 spent which can be used on their next purchase. In addition to extended hours on Thanksgiving Day, Big Lots will be open from 6 a.m. to 11 p.m. on Black Friday, Nov. 26, from 8 a.m. to 11 p.m. on Saturday, Nov. 27 and 9 a.m. to 10 p.m on Sunday Nov. 28. Also, shoppers can shop on biglots.com anytime and utilize in-store and curbside pickup as well as same-day delivery options.
CNDT

Hot Stocks

08:47 EDT Conduent, MZ Technologie expand partnership for Holostop button - Conduent Transportation announced that the company has expanded its exclusive partnership with MZ Technologie to sell the Holostop, a contactless holographic stop button designed for use on public buses, to transport networks globally. This builds on the companies' original sales agreement for the French market.
ALGM

Hot Stocks

08:46 EDT Allegro MicroSystems announces A80803, A80804 lighting technology - Allegro MicroSystems has expanded its automotive lighting portfolio to include two new offerings for advanced driver assistance system applications. A unique solution in the market, the A80803 leverages multi-topology conversion and patented IP to enable smooth high/low/high beam transitions in a single integrated circuit. The A80804 linear LED driver provides high power for automotive lighting applications through multiple, independently-configurable channels. Both products help designers reduce the number of ICs required to create safety-enhanced automotive lighting systems, enabling higher performance and more compact designs at lower system cost.
FUTU

Hot Stocks

08:41 EDT Futu Holdings announces $300M share repurchase program - Futu Holdings announced that its board of directors has approved a share repurchase program to repurchase up to $300 million worth of its own American depositary shares, representing its Class A ordinary shares, until December 31, 2022.
JFBC

Hot Stocks

08:40 EDT Jeffersonville Bancorp closes Narrowsburg, Loch Sheldrake office - Jeffersonville Bancorp announced it will close its branch offices located in Narrowsburg and Loch Sheldrake, NY effective February 11, 2022. The Narrowsburg accounts will be transferred to the Bank's Callicoon branch and the Loch Sheldrake accounts will be transferred to the Bank's Liberty branch. Customers will be receiving a letter in the coming days outlining the details of the transition. "After examining branch profitability through our strategic planning review, we decided it was prudent to close the Narrowsburg and Loch Sheldrake offices. This action is consistent with other banks throughout the country that are closing less profitable branches. We are optimistic, based on our extensive branch network in Sullivan County, as well as the availability of online, telephone, mobile, and ATM banking, that we will retain many customer relationships from the affected branches" said George Kinne, President and Chief Executive Officer. "We believe the branch closures will enhance our efficiency, reduce operating expenses, and provide a better return on earning assets and shareholder equity. Importantly, we expect all employees of the affected branches will remain with the bank and continue to provide excellent service to our customers at nearby locations."
MAR

Hot Stocks

08:40 EDT Marriott sees recovery in business transient gradually continuing
AYRO

Hot Stocks

08:39 EDT AYRO to exhibit all-electric GODega Vehicle at Food on Demand Conference - AYRO announced that it will be exhibiting at the 4th Annual Food On Demand Conference from November 10-12 in Las Vegas, Nevada. AYRO, alongside partner Gallery Carts, will demo the all-electric GODega vehicle at booth 411. This mobile hospitality vehicle is purpose-built to serve hot and cold food and beverages as well as packaged food and goods.
SAMOF

Hot Stocks

08:38 EDT Sangoma Technologies announces share consolidation - Sangoma Technologies is pleased to announce that, as previously authorized by its shareholders, the Company is implementing a consolidation of its outstanding Common Shares on the basis of one new Common Share for every seven currently outstanding Common Shares. The Consolidation Ratio was determined by Sangoma's board of directors in accordance with the parameters authorized by the Company's shareholders at the special meeting of shareholders held on September 23, 2021. The consolidation took effect on November 2, 2021 and the Common Shares are expected to commence trading on the Toronto Stock Exchange on a post-consolidation basis beginning at the open of markets on November 8, 2021. Immediately prior to the consolidation there were 133,151,508 Common Shares issued and outstanding, and it is expected that there will be 19,021,614 Common Shares issued and outstanding following the consolidation, subject to rounding for any fractional shares. Assuming the issuance of the Common Shares comprising the Deferred Consideration and the Indemnification Holdback Amount in accordance with the Stock Purchase Agreement relating to the acquisition of StarBlue Inc., as amended by the Consolidation Ratio, it is expected that there will be 31,717,214 Common Shares issued and outstanding, subject to rounding for any fractional shares. No fractional shares will be issued as a result of the share consolidation and, in the case of a fractional interest, the number of post-consolidation shares to be received by a shareholder will be rounded down to the nearest whole number of shares that such holder would otherwise be entitled to receive upon the implementation of the share consolidation. By way of example, if a shareholder held 100 pre-consolidation Common Shares, the shareholder will hold 14 Common Shares on a post-consolidation basis.
CACI

Hot Stocks

08:38 EDT CACI to acquire multi-domain photonics technologies SA Photonics for $275M - CACI International announced it has entered into an agreement to acquire Los Gatos, California-based SA Photonics. "With the acquisition of SA Photonics, CACI broadens its capabilities as the leading U.S.-based FSO laser communications provider supporting space, airborne, and terrestrial missions to U.S. government and commercial customers. SA Photonics' owned IP technology offers low size, weight, power, and cost solutions that transmit data 25 times faster than current radio frequency systems, while using payloads that are half the size," said the company in a staatement. SA Photonics' high-volume low-earth-orbit optical inter satellite links technology complements CACI's FSO technology optimized for medium-earth-orbit and geosynchronous-equatorial-orbit orbits. CACI's photonics-based capabilities enable terrestrial communications at higher-bandwidths and with a lower probability of detection or defeat. Through this acquisition, CACI also significantly increases development and manufacturing capacity within the United States by expanding its modern photonics production facilities in California, Florida, and New Jersey. Together, CACI and SA Photonics offer technology that advances next-generation communications from space to airborne and ground platforms at scale.John Mengucci, CACI President and Chief Executive Officer, said, "For two decades, CACI has successfully delivered FSO communications to advance evolutionary technology for the protection and exploration of the contested space domain. Our innovative space-based photonics technology delivers enhanced capability for missions ranging from national security to human spaceflight. With SA Photonics, our combined technology enables us to deliver immediate FSO communications across all-domains." SA Photonics' total purchase consideration is $275M John Mengucci, CACI President and Chief Executive Officer, said, "For two decades, CACI has successfully delivered FSO communications to advance evolutionary technology for the protection and exploration of the contested space domain. Our innovative space-based photonics technology delivers enhanced capability for missions ranging from national security to human spaceflight. With SA Photonics, our combined technology enables us to deliver immediate FSO communications across all-domains."
ETRGF

Hot Stocks

08:37 EDT Entourage Health CSO, CLO Jason Alexander steps down - The company said, "Entourage extends its gratitude to Jason Alexander, former Chief Strategy Officer and Chief Legal Officer, who was integral to the Company's acquisition of both Starseed Holdings and CannTx, as well as Entourage's growth and success over the past year. Jason has elected to step down from the management team, however the Company is pleased to confirm he will continue as a board director and head of the Governance Committee."
MAR

Hot Stocks

08:36 EDT Marriott: Recovery in Greater China has been 'choppier'
MAR

Hot Stocks

08:36 EDT Marriott: Global demand softened 'a bit' in August amid Delta variant - Says demand stabilized in September, rose in October. Comments taken from Q3 earnings conference call.
RIOT

Hot Stocks

08:36 EDT Riot Blockchain produced 464 BTC in October, up 433% from last year - Riot Blockchain announces monthly BTC production and operations updates for October 2021, including an increase in estimated self-mining hash rate capacity for 2022, updates to the status of miner shipments and deployment, and updates on the 400 megawatts, MW, infrastructure expansion at the Company's Whinstone facility. Production Updates: In October 2021, Riot produced 464 BTC, an increase of approximately 433% over its October 2020 production of 87 BTC. Year to date through October 2021, the Company produced a total of 2,921 BTC, an increase of approximately 257% over its BTC production during the same 2020 period of 818 BTC. As of October 31, 2021, Riot held approximately 3,995 BTC, all produced by the Company's self-mining operations. Riot currently has a deployed fleet of approximately 27,270 miners, with a hash rate capacity of 2.8 exahash per second.
ETRGF

Hot Stocks

08:36 EDT Entourage Health appoints Joseph Mele as CCO, Pat Scanlon as head of cultivation - Entourage Health announced it has strengthened its executive team with key strategic appointments in the areas of commercial sales, marketing, and business development as well as product development, cultivation and supply chain. Concurrent with the recent closing of the Company's acquisition of craft cultivator CannTx Life Sciences Inc, Entourage announces the following: Joseph Mele is appointed Chief Commercial Officer. Most recently the Senior Vice President of Commercial Sales and Marketing at Entourage, Joseph oversees all revenue-generating commercial roles and activities. Pat Scanlon, co-founder of CannTx is appointed Head of Cultivation across all Company sites. Pat has over 15 years of experience in floriculture, commercial greenhouse operations and specializes in craft-grade cultivation, production and phenotyping. As Entourage looks to expand its craft cannabis operations and product development, Pat will oversee the Company's genetics activities and introduce new cultivars and craft practices. James Afara is appointed Vice President of Strategic Sourcing and Purchasing. Former Chief Operating Officer of CannTx, James has extensive experience in supply chain, business analytics and operations management.
INFA MSFT

Hot Stocks

08:35 EDT Informatica launches Modern Cloud Analytics program with Microsoft Azure - Informatica (INFA) announced a joint Modern Cloud Analytics program with Microsoft (MSFT) Azure to provide customers with paths to modernize PowerCenter ETL and on-premises data warehouses to Informatica's Intelligent Data Management Clouda on Azure and Azure Synapse Analytics. The Modern Cloud Analytics program is available to joint Microsoft and Informatica PowerCenter customers migrating their on-premises data warehouse and ETL workloads to IDMC on Azure and Azure Synapse Analytics.
DISCA

Hot Stocks

08:35 EDT Discovery says finished Q3 with 20M paying DTC subscribers - Says upside of Warner Media merger is global DTC opportunity. Says less than half of Discovery+ subscribers are HBO Max subscribers. Says finished Q3 with 20M paying DTC subscribers. Says sees momentum continuing into Q4 despite comps getting tougher year-over-year. Says expects foreign exchange to have negative $15M impact on revenue and $10M impact on AOIBDA in Q4. Says there are supply chain issues. Says here will be material growth in advertising. Says linear platform will be around for a long time. Comments taken from Q3 earnings conference call.
CVS

Hot Stocks

08:35 EDT CVS Health says liquidity, cash position 'remain excellent' - Says "remains committed" to target leverage ratio of "low 3x's." Says paid down net $1.1B in debt in Q3, and net $6.5B YTD.
SMMT

Hot Stocks

08:34 EDT Summit Therapeutics appoints Gayko to board of directors - Summit Therapeutics announced that Dr. Urte Gayko, PhD, has been appointed to the Board of Directors, effective immediately. Dr. Gayko is currently the Senior Vice President of Drug Development & Regulatory Affairs at Nektar Therapeutics. Dr. Gayko previously served as the Global Head of Regulatory Affairs and Pharmacovigilance at Pharmacyclics.
RELI

Hot Stocks

08:33 EDT Reliance Global launches 5MinuteInsure,com in Michigan, Arizona - Reliance Global announced that it has successfully launched 5MinuteInsure.com in Michigan and Arizona. Ezra Beyman, CEO of Reliance Global Group, commented, "We are excited to now offer coverage through 5MinuteInsure.com in Michigan and Arizona following a successful launch of 5MinuteInsure.com in Ohio and Indiana within just the past two months. In the short time since our initial commercial launch, we are pleased to already offer coverage in four states with a combined population of over 35 million. We are pacing well ahead of schedule with more states to come. Moreover, the response from customers has been quite positive given the fact they can compare multiple carriers with minimal data input, and receive competing quotes within minutes. At the same time, we are stepping up our digital marketing activities, which we believe will provide a meaningful return on capital given the scalability of our platform and recurring revenue associated with these policies. I could not be more excited about the growth and market potential for 5MinuteInsure.com."
GIB

Hot Stocks

08:33 EDT CGI Inc. selected by City of San Diego for IT support - CGI has been selected by the City of San Diego for a $84M, 4-year contract, with additional option years for a potential 10-year contract term, under which it will provide long-term IT support to meet the evolving requirements of key business applications operated by the City, including a growing portfolio of digitized services. CGI's support will ensure the City's 11,000 employees have the tools they need to provide the highest-value services to the residents of San Diego. CGI currently provides maintenance and system enhancements in support of nearly 300 citywide applications, and deploys local technical staffing for operational support and development. Moving forward, CGI will support new digital services including San Diego's online permitting system and a paperless real-time vaccine management solution used at City-run vaccination sites.
CNI REGI

Hot Stocks

08:32 EDT Canadian National, Progress Rail enter renewable fuels partnership - Canadian National Railway (CNI) and Progress Rail, a Caterpillar Company, are partnering with Renewable Energy Group (REGI) to test high-level renewable fuel blends including both biodiesel and renewable diesel in support of the companies' sustainability goals. Trials and qualifications of up to 100% bio-based diesel fuel are important steps in reducing greenhouse gas emissions from CN's existing locomotive fleet, while alternative propulsion locomotive technologies are being developed. Rail has the potential to reduce the environmental impact of transportation services, as shipping heavy freight by rail can reduce carbon emissions by up to 75% when compared to trucks. "CN is committed to adapting our business to changing climate conditions. The successful testing and procurement of renewable fuels is part of a portfolio of initiatives to meet our 2030 science-based target. The extent of our ability to fully deploy and implement new technologies will require collaboration between locomotive manufacturers and fuel producers," said Jean-Jacques Ruest, President and Chief Executive Officer, CN
BLMN

Hot Stocks

08:32 EDT Bloomin' Brands appoints Astrid Isaacs to Chief Technology Officer - Bloomin' Brands announced the appointment of Astrid Isaacs to Chief Technology Officer for Bloomin' Brands. She will lead the company's technology strategy and platforms, while overseeing the IT, Digital and Loyalty teams. Isaacs will also join the Executive Leadership Team. "Astrid's proven ability to develop and implement technology to enable growth and enhance customer service, while improving productivity, will create a great deal of value for our customers and our company," said David Deno, Chief Executive Officer of Bloomin' Brands. "Digital connections, whether with our customers, our operators or our restaurant systems, have become a lifeline in our brands and many others. Astrid's experience with well-known restaurant companies, including our operating environment, brings a familiar yet fresh approach to our team as we continue to meet the needs of our customers wherever and however they wish, in their homes, offices, or in our dining rooms."
NERV

Hot Stocks

08:32 EDT Minerva says FDA denies request for pre-NDA meeting for roluperidone - Minerva Neurosciences announced that the U. S. Food and Drug Administration has denied the company's request for a pre-NDA meeting for roluperidone and responded that a Type C guidance meeting would be more appropriate to discuss the evidence for use of roluperidone as monotherapy. Subject to the timing of and feedback from the FDA at a Type C guidance meeting, which the Company plans to request, the Company has not changed its previously announced projected timeline for submission of the NDA in the first half of 2022. Dr. Remy Luthringer, Executive Chairman and Chief Executive Officer of Minerva commented, "We thank the FDA for suggesting a Type C meeting to discuss roluperidone as a monotherapy for the treatment of negative symptoms in patients with schizophrenia. There are currently no approved drugs in the U.S. for the treatment of the negative symptoms of schizophrenia. There is a large percentage of patients with schizophrenia who suffer predominantly negative symptoms."
TMBR

Hot Stocks

08:27 EDT Timber Pharmaceuticals announces pricing of $15M public offering - Timber Pharmaceuticals announced the pricing of its previously announced underwritten public offering of 23,437,500 shares of its common stock and accompanying warrants to purchase up to an aggregate of 23,437,500 shares of common stock. Each share of common stock is being sold together with one warrant to purchase one share of common stock at a combined public offering price of $0.64 per share of common stock and accompanying common warrant, less underwriting discounts and commissions. The warrants have an exercise price of $0.70 per share, are exercisable immediately, and will expire five years following the date of issuance. H.C. Wainwright & Co. is acting as the sole book-running manager for the offering. In addition, Timber has granted the underwriter a 30-day option to purchase up to an additional 3,515,625 shares of its common stock and/or warrants to purchase up to an additional 3,515,625 shares of its common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds from the offering to Timber, before deducting underwriting discounts and commissions and other offering expenses and excluding any proceeds that may be received upon exercise of the warrants to purchase common stock and the underwriter's option to purchase additional shares of common stock and/or warrants, are expected to be $15 million. This offering is expected to close on or about November 5, 2021, subject to customary closing conditions. Timber intends to use the net proceeds from the offering for general corporate purposes, including, but not limited to, ongoing research and pre-clinical studies, clinical trials, the development of new biological and pharmaceutical technologies, investing in or acquiring companies that are synergistic with or complementary to the Company's technologies, and licensing activities related to the Company's current and future product candidates and working capital
GRVI

Hot Stocks

08:27 EDT Grove launches 'Fund Your Brand' option for Amazon aggregation initiative - Grove announced the launch of its "Fund Your Brand" option on Upexi, its wholly owned division to acquire promising Amazon and Ecommerce businesses. In addition to buying and scaling Amazon and Ecommerce brands, Grove's Upexi unit will provide capital to growing brands in need of funding. Grove recently launched Upexi to use its market and e-commerce expertise in the Amazon aggregation market. "Between Amazon's ecosystem and the meteoric rise of e-commerce over the last few years, direct-to-consumer brands are growing bigger and faster than ever," says Chief Marketing Officer Nathan Stavseth. "Our goal is to identify winning D2C brands on the cusp of exponential growth, bring them into our ecosystem, and help them reach their full potential."
CGTX

Hot Stocks

08:25 EDT Cognition Therapeutics adds Ellen Richstone to board of directors - Cognition Therapeutics announced the addition of Ellen Richstone to the company's board of directors, where she will serve as the chair of the audit committee. Richstone currently serves on the boards of three publicly traded companies.
ATIF

Hot Stocks

08:25 EDT ATIF Holdings says California State Treasurer Fiona Ma visited ATIF Inc. - ATIF Holdings announced that recently California State Treasurer Fiona Ma visited its wholly-owned subsidiary ATIF Inc. along with other guests, which included Chairman of the California Workforce Development Board, Angelo Farooq, along with William & Stephanie foundation Chairman, Daniel Sieu. ATIF Inc. executives and these special guests discuss development opportunities together and seek to form long-term partnerships in the future. At the conference, Fiona Ma affirmed ATIF's business of listing services along with fund asset management and discussed ways to support small and medium-sized businesses to acquire financing to go public. In the near future, ATIF will host several seminars for California SMEs to address their listing problems and will provide IPO consulting services.
SWAV

Hot Stocks

08:23 EDT ShockWave Medical increase some hospital outpatient payments - Shockwave Medical announced that as part of the calendar year 2022 Medicare Hospital Outpatient Prospective Payment System, OPPS, final rule, the Centers for Medicare & Medicaid Services, CMS, has reassigned the payment for peripheral IVL procedures performed on above the knee arteries in the hospital outpatient setting. The resulting payment increases will become effective January 1, 2022. As part of the 2022 OPPS final rule, CMS has announced new Ambulatory Payment Classification assignments for three Healthcare Common Procedure Coding System codes that describe peripheral IVL procedures performed in lower extremity arteries in the outpatient hospital setting. The three HCPCS codes affected describe procedures in iliac, femoral and popliteal arteries when IVL is performed by itself or adjunctively with drug coated balloons, stents or atherectomy. The new APC assignments will increase the payments hospitals receive for these procedures. "We appreciate CMS's collaborative relationship and their swift action in reassigning payment levels for IVL performed above the knee, as the data acknowledge the resources associated with performing IVL in these patients. Importantly, we believe the APC reassignment of these HCPCS codes and subsequent increased payment for IVL procedures performed ATK will further facilitate access to IVL technology for Medicare patients," said Doug Godshall, President and Chief Executive Officer of Shockwave Medical. "We would like to acknowledge CMS for making an exception to this year's standard ratesetting process by considering calendar year 2020 data when determining appropriate payment levels for the new peripheral IVL code set. We are also grateful for the support that came from CMS' Hospital Outpatient Physician Advisory panel and medical societies during the public comment period."
OXLC

Hot Stocks

08:23 EDT Oxford Lane estimates October NAV $7.11-$7.21 - Oxford Lane Capital announced the following net asset value estimate as of October 31, 2021. Management's unaudited estimate of the range of the NAV per share of our common stock as of October 31, 2021 is between $7.11 and $7.21. This estimate is not a comprehensive statement of our financial condition or results for the month ended October 31, 2021. This estimate did not undergo the Company's typical quarter-end financial closing procedures and was not approved by the Company's board of directors. We advise you that our NAV per share for the quarter ending December 31, 2021 may differ materially from this estimate, which is given only as of October 31, 2021. As of October 31, 2021, the Company had approximately 117.9 million shares of common stock issued and outstanding. The fair value of the Company's portfolio investments may be materially impacted after October 31, 2021 by circumstances and events that are not yet known. To the extent the Company's portfolio investments are impacted by the effects of the COVID-19 pandemic, or by other factors, the Company may experience a material impact on its future net investment income, the fair value of its portfolio investments, its financial condition and the financial condition of its portfolio investments. Investing in our securities involves a number of significant risks. For a discussion of the additional risks applicable to an investment in our securities, please refer to the section titled "Risk Factors" in our prospectus and the note titled "Risks and Uncertainties" in our most recent annual report or semi-annual report, as applicable
INSE

Hot Stocks

08:22 EDT Inspired Entertainment signs online Virtual Sports contract with Mozzart - Inspired Entertainment has signed a contract to launch its best-in-class interactive Virtual Sports content with Mozzart, an iGaming operator in Eastern Europe. Inspired has agreed to supply Mozzart with the Virtual Plug & Play solution, which will allow Mozzart's players to access multiple Virtual Sports online. Mozzart has agreed to deploy Inspired as its primary Virtual Sports channel across all brands and territories.
GNSS

Hot Stocks

08:21 EDT Genasys partners with Danimex to expand communication system sales in Africa - Genasys announced a strategic distributor partnership with Danimex Communications, a distributor of communication solutions and equipment throughout Africa and the Middle East. "Since opening our sales office in the Dubai earlier this year, we are seeing many opportunities to accelerate sales of LRAD, Genasys Emergency Management, Integrated Mass Notifications Systems and National Emergency Warning Systems in Africa," said Richard Danforth, Chief Executive Officer, Genasys. "Our strategic partnership with Danimex will focus on business opportunities with Sub-Saharan and North African governments and enterprises through the extensive, customer-centric Danimex sales force."
INO

Hot Stocks

08:21 EDT Inovio's Phase 3 COVID-19 vaccine candidate trial approved in India - Inovio has received authorization from India's Central Drugs Standard Control Organization's Drug Controller General of India to proceed with the Phase 3 segment of its global Phase 2/3 trial, INNOVATE , in India for INO-4800, its DNA vaccine candidate for COVID-19. Inovio is partnering with Advaccine Biopharmaceuticals to conduct the INNOVATE Phase 3 segment in multiple countries in Latin America, Asia, and Africa. Regulatory authorization in India follows authorizations from health authorities in Brazil, Philippines, Mexico and Colombia. The global Phase 3 segment of INNOVATE will evaluate the efficacy of INO-4800 in a two-dose regimen in men and non-pregnant women 18 years of age and older. The primary endpoint of this case-driven Phase 3 trial is virologically confirmed symptomatic COVID-19. INNOVATE's Phase 3 segment builds upon the Phase 2 segment, which was conducted in the U.S. Interim Phase 2 data showed INO-4800 to be well-tolerated and immunogenic in adults 18 and older. INO-4800 was also found to provide broad cross-reactive immune responses, including neutralizing antibodies and T cell responses, against variants of concern.
CMPS

Hot Stocks

08:20 EDT Compass Pathways to launch phase II trial of COMP360 therapy for PTSD - COMPASS Pathways announced it will be conducting a phase II clinical trial to assess the safety and tolerability of COMP360 psilocybin therapy in post-traumatic stress disorder, PTSD. The study expands COMPASS's research pipeline in psilocybin therapy with COMP360, the company's proprietary formulation of synthetic psilocybin which COMPASS is currently developing for treatment-resistant depression. The phase II, multicentre, fixed-dose open label COMP201 study will enroll 20 participants to evaluate the safety and tolerability of COMP360 psilocybin therapy in people who suffer with PTSD resulting from trauma experienced as adults. Participants will receive a single 25mg dose of COMP360 psilocybin, given in conjunction with specialist psychological support, in line with the COMP360 psilocybin therapy protocol, and will be followed up for 12 weeks. The primary endpoint of the study is to assess the safety of COMP360 psilocybin therapy. Secondary endpoints will measure efficacy in improving PTSD symptoms, functionality, and quality of life.
UBX

Hot Stocks

08:20 EDT Unity Biotechnology reports granting of employment inducement awards - UNITY Biotechnology announced that from October 19, 2021, through November 2, 2021, the Compensation Committee of the Board of Directors granted two new employees stock-based awards covering an aggregate of 190,000 shares of UNITY common stock, including options to purchase an aggregate of 160,000 shares of UNITY common stock and one grant consisting of 30,000 restricted stock units which will vest on the one-year anniversary of the vesting commencement date. The stock-based awards were granted pursuant to the UNITY 2020 Employment Inducement Incentive Plan, as amended, which was approved by the Board in March 2020 to provide for grants to newly hired employees as a material inducement for them to commence employment with UNITY in accordance with Nasdaq Stock Market Rule 5635(c)(4).
FMCC

Hot Stocks

08:19 EDT Freddie Mac announces initiative to help renters build credit - Freddie Mac announced a new initiative to help renters build credit by encouraging operators of multifamily properties to report on-time rental payments to the three major credit-reporting bureaus. Presently, less than 10% of renters see their on-time rental payment history reflected in their credit scores, inhibiting their ability to access credit or obtain competitive rates for a range of financial products. The initiative, which incentivizes rent reporting via technology created by Esusu Financial Inc., will seamlessly deliver on-time rental payment data from property management software platforms to the credit bureaus. It will automatically unenroll renters when missed payments occur, preventing harm to those who struggle financially.
ADXS

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08:19 EDT Advaxis announces ISS recommends stockholders vote 'FOR' merger - Advaxis announced that leading proxy advisory firm Institutional Shareholder Services, ISS, issued a report on November 1, 2021, recommending that Advaxis stockholders vote "FOR" the merger of the Company with Biosight and recommends voting "FOR" all proposals, at the Company's Special Meeting scheduled for November 16, 2021. The ISS recommendation stated, "The board ran what appears to have been a thorough strategic review process, corresponding with over 200 potential counterparties on a broad variety of transaction types, and no competing offers have been publicly disclosed since announcement. The strategic rationale also appears logical, as it will diversify the pipeline of product candidates, and is expected to result in a combined company with a more stable financial position. In light of these factors, support for the proposal is warranted." In addition, in recommending stockholders vote "FOR" the reverse stock split proposal, ISS highlighted "the reverse split may enable the company to maintain listing of its common stock on the Nasdaq Capital Market."
CIGI

Hot Stocks

08:18 EDT Colliers International expands flex space offering with SmartFlex launch - Colliers announced the launch of Colliers SmartFlex to add to its flex office space advisory offering. Colliers SmartFlex is a new application that provides a comprehensive database of flex space options across 90 global markets with a transaction workflow manager for Colliers professionals to facilitate client requests quickly. "As companies activate their return to office, they will want to take advantage of the amplified value proposition of flex space agreements and new ways of working that the pandemic has driven," said Scott Nelson, CEO, Occupier Services Global. "Colliers SmartFlex is also well-aligned with our global ESG strategy, Elevate the Built Environment, as we help companies shape their workplaces, reach their health and wellbeing goals, and create the best experience for their people using innovative tools. Through Colliers SmartFlex, we continue to bring our best data, innovation, and expertise to all of our clients."
TUSK

Hot Stocks

08:17 EDT Mammoth Energy issues Notice of Proposed Settlement of Derivative Action - Mammoth Energy issued the Notice of Proposed Settlement of Derivative Action to its stockholders relating to the pending derivative action disclosed by Mammoth in its reports filed with the SEC, which Notice was given in accordance with the Court order Preliminarily Approving Derivative Settlement and Providing for Notice dated October 28. In September 2019, four derivative lawsuits were filed, on behalf of Mammoth against its officers and directors, one of which was subsequently dismissed. The other three were consolidated by the Court. The terms of the Stipulation require that, in exchange for the full release, discharge and dismissal with prejudice of the claims asserted against the defendants in the derivative action, the individual defendants will cause the insurers under Mammoth's Directors' and Officers' insurance policy to pay $1.5M to Mammoth, which Mammoth will use for general corporate purposes; and Mammoth will adopt certain corporate governance reforms to enhance its governance policies. Additionally, the Stipulation provides that the individual defendants will cause the D&O insurers to pay, subject to Court approval, a separate payment of $0.5M to plaintiffs' counsel for their attorneys' fees and expenses. The Court has set a hearing date for January 7, 2022 to consider the final approval of the settlement.
QNTA

Hot Stocks

08:17 EDT Quanta's Medolife Rx announces uplisting to OTCQB Venture Market - Medolife Rx which is a majority owned subsidiary of Quanta, announced its uplisting from the OTC Pink Sheets to the OTCQB Venture Market. Quanta's stock symbol will remain QNTA on the OTCQB while the Company awaits a name and symbol change to be approved by FINRA.
CVS

Hot Stocks

08:17 EDT CVS Health says 'exceeded expectations' in Q3 - Says strong revenue growth in all three businesses in Q3. Says continues to make "measurable progress" with overall strategy. Says "guiding towards a strong year end." Comments taken from Q3 earnings conference call.
RCEL

Hot Stocks

08:16 EDT Avita Medical announces expanded Medicare reimbursement for outpatient centers - AVITA Medical announced that the Centers for Medicare & Medicaid Services, CMS, has approved AVITA Medical's application for a Transitional Pass-Through Payment device category code that will provide separate payment for RECELL Autologous Cell Harvesting Devices used in procedures that are performed in hospital outpatient facilities and ambulatory surgical centers, ASC. The new Healthcare Common Procedure Coding System device category C code will be effective January 1, 2022 and will be used by facilities to bill for RECELL Systems used in the hospital outpatient and ASC settings. The pass-through payment is intended to facilitate the adoption of new technology for Medicare beneficiaries by offsetting the cost of the device to facilities.
CTKB

Hot Stocks

08:15 EDT Cytek Biosciences acquires Tonbo Biosciences cell analysis business - Cytek Biosciences announced that it has acquired the cell analysis business of Tonbo Biosciences, which includes a portfolio of life science research reagents related to cell preparation, flow cytometry, molecular immunology/PCR and cell culture covering application areas across immunology, apoptosis, and immunoprofiling. The addition of the Tonbo Biosciences portfolio of reagents will enable Cytek to offer extended flow cytometry capabilities. "Tonbo's reagents meet the highest standards of quality and performance, making them a natural fit with our comprehensive suite of solutions for the cell analysis market," said Dr. Wenbin Jiang, president and CEO of Cytek. "Adding Tonbo's reagent offerings to our existing Full Spectrum Profilin platform is yet another example of our commitment to redefining what is possible in flow cytometry and offering a total solution to our users."
PRCH

Hot Stocks

08:15 EDT Porch Group launches nationwide inspection pop-up conferences - Porch Group announced it will host 100 nationwide pop-up conferences for home inspectors throughout the remainder of 2021 and 2022 on its Inspection Fuel Tour. Porch's Inspection Fuel Tour will be free and focused on bringing inspectors together locally for relevant content and networking opportunities, facilitating broader participation in the professional home inspection community. The pop-up conferences will serve as an opportunity for Porch to engage with home inspectors around the nation in a more personalized setting.
ALNA

Hot Stocks

08:14 EDT Allena Pharmaceuticals receives Fast Track designation for ALLN-346 - Allena Pharmaceuticals announced that its orally-administered, urate-degrading enzyme, ALLN-346, has received Fast Track designation from the U.S. Food and Drug Administration. ALLN-346 is in Phase 2 development for the treatment of hyperuricemia in gout patients with advanced chronic kidney disease.
IHRT DKNG

Hot Stocks

08:14 EDT iHeartMedia, DraftKings announce multi-year strategic relationship - iHeartMedia (IHRT) and DraftKings (DKNG) announced a multi-year strategic relationship, making DraftKings the official odds supplier for iHeartMedia's broadcast, digital, podcast and social platforms. Additionally, as part of the agreement DraftKings is now able to co-create and distribute long-form content with iHeartMedia and will receive preferred access to iHeartMedia's full roster of diverse personalities. Furthermore, DraftKings and iHeartMedia will collaborate around a wide range of possible content development opportunities, including the distribution of shows and segments across the iHeart's radio and digital properties and integrations within iHeartMedia's live sports broadcasts. DraftKings and iHeartMedia will also collaborate on a number of possible experiential opportunities for listeners and fans including providing cross platform interactive games. DraftKings has the opportunity to leverage iHeartMedia's SmartAudio suite of data-driven advertising products. The data integration would enable fact-based audience planning and targeting optimizations across iHeartMedia's broadcast and digital platform, including its more than 270M monthly consumers on its broadcast platform alone providing DraftKings with national exposure and at the same time reaching local audiences with a tailored approach.
BNGO

Hot Stocks

08:13 EDT Bionano Genomics announces release of Bionano Solve, Access versions - Bionano Genomics announced the release of Bionano Solve version 3.7 and Bionano Access version 1.7 as available data solution upgrades for Saphyr systems installed in laboratories worldwide. Included in these updates are improvements in variant detection, as well as workflow simplifications and other benefits designed to support clinical research in inherited genetic diseases and cancer. All new Saphyr system installations will include these versions. New OGM capabilities include the means to detect more clinically-relevant variants such as absence of heterozygosity, AOH, and allelic imbalance, the first two classes of variations that are typically considered as sequence rather than structural variants. The updates will also enable users to visualize chromosomal AOH across the genome similarly to single nucleotide polymorphism microarrays. The new workflow enables all SVs detected by Solve and analyzed with Access to be named and classified using standard terminology according to the 2020 International System for Human Cytogenomic Nomenclature. "These ongoing improvements in the performance of our software for detecting SVs, as well as the tools for interpreting and reporting calls, continue to impress me," said Erik Holmlin, PhD, CEO of Bionano Genomics. "We believe this update is significant because of the AOH and allelic imbalance functionality we are introducing. With our acquisition of BioDiscovery now complete, we can begin work to integrate our variant detection technology with NxClinical's visualization, interpretation and reporting capabilities to offer a potentially outstanding window through which researchers can obtain the data to drive their science."
AMEH

Hot Stocks

08:13 EDT Apollo Medical to purchase remaining 60% of Diagnostic Medical Group - Apollo Medical's affiliate has entered into an agreement to purchase within three years all of the remaining equity interests in Diagnostic Medical Group of Southern California. The company's affiliate currently owns 40% of DMG and has committed to purchasing the remaining 60% within three years. DMG is a complete outpatient imaging center providing MRI, CT, x-ray, bone density, nuclear medicine, ultrasound and mammogram exams, among others. DMG has been serving patients in the community since 1984 and currently operates four locations in the San Gabriel Valley area of southern California.
ETNB

Hot Stocks

08:13 EDT 89bio appoints Kathy LaPorte to board of directors - 89bio announced the appointment of Kathy LaPorte to its Board of Directors, effective immediately. Ms. LaPorte previously served as Chief Executive Officer and Board Member of Nodality Inc.
SUN

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08:11 EDT Sunoco LP still sees 2021 adjusted EBITDA $725M-$765M - Expects lower operating expenses of $425M-$435M verses prior guidance of $440M-$450M.
CARA

Hot Stocks

08:11 EDT Cara Therapeutics announces CEO transition - Cara Therapeutics announced that Christopher Posner, a current member of the company's Board of Directors, has been appointed President and Chief Executive Officer, effective November 9, 2021. Posner succeeds Dr. Derek Chalmers, who will transition to a Senior Advisor role. Posner joins the Company from LEO Pharma, the US affiliate of LEO Pharma A/S, where he was President and CEO. While at LEO, Posner was responsible for a portfolio of innovative medical dermatology products in atopic dermatitis, psoriasis, and rosacea. Posner has more than 23 years of global pharmaceutical management, sales and product launch experience.
PHAS

Hot Stocks

08:11 EDT PhaseBio announces bentracimab trial meets primary endpoint - PhaseBio announced topline data from its Phase 2b clinical trial of bentracimab, which was conducted in healthy, older volunteers 50-80 years old. The Phase 2b trial is a multi-center, randomized, double-blind, placebo-controlled study with 150 subjects receiving bentracimab and 50 subjects receiving placebo after all were pretreated with dual antiplatelet therapy composed of ticagrelor and low-dose aspirin. The Phase 2b pivotal trial was conducted concurrently with the company's ongoing REVERSE-IT Phase 3 pivotal trial of bentracimab, as agreed upon with the FDA following an End-of-Phase 1 meeting in July 2019. Bentracimab is a novel, recombinant, human monoclonal antibody antigen-binding fragment designed to reverse the antiplatelet activity of ticagrelor in major bleeding and urgent surgery situations. The Phase 2b trial achieved its primary endpoint. The primary efficacy endpoint was reversal of ticagrelor's inhibition of platelet function in actively treated subjects versus placebo as measured using the point-of-care VerifyNow PRUTest platelet function assay. VerifyNow is also the primary measurement used to evaluate efficacy in the ongoing REVERSE-IT Phase 3 trial. Treatment with bentracimab in the Phase 2b trial had a safety profile consistent with the Phase 1 and 2a trials previously completed by the company, with no drug-related serious adverse events or thrombotic events reported in the trial. The most common adverse events were injection site bruising and headache, with similar rates seen in both the placebo and active-treatment arms. These new data are consistent with results from PhaseBio's previously completed Phase 1 trial, conducted in healthy younger volunteers treated with ticagrelor alone and not aspirin, and Phase 2a trial, also conducted in healthy, older subjects on dual antiplatelet therapy of ticagrelor and low-dose aspirin. More than 300 subjects have been treated with bentracimab across the Phase 1, 2, and 3 clinical trials that comprise the bentracimab development program.
AZN

Hot Stocks

08:10 EDT Integral Molecular enters antibody license agreement with AstraZeneca - Integral Molecular announced that it entered into an exclusive worldwide antibody license agreement with AstraZeneca to develop therapeutics for multiple cancers. Under the terms of the agreement, Integral Molecular will provide an exclusive license to AstraZeneca for a collection of highly specific monoclonal antibodies for use in oncology. AstraZeneca will be solely responsible for all research, development, and commercial activities.
PCRX

Hot Stocks

08:09 EDT Pacira says still unclear on timeline for elective surgery market normalization - The company's net product sales were negatively impacted by the COVID-19 pandemic in 2020 due to the significant postponement or suspension in the scheduling of elective surgical procedures resulting from public health guidance and government directives. Elective surgery restrictions began to lift on a state-by-state basis in April 2020, allowing EXPAREL sales to return to year-over-year growth in June 2020. However, while many restrictions have since eased and COVID-19 vaccines become more widely available and administered to the general public, it is still unclear how long it will take the elective surgery market to normalize, or if restrictions on elective procedures will recur due to COVID-19 variant strains or otherwise. In order to provide greater transparency, the company is reporting monthly intra-quarter unaudited net product sales until it has gained enough visibility around the impacts of COVID-19. The company reports the number of selling days for EXPAREL to normalize for differences in reporting period growth rates. The company also provides weekly EXPAREL utilization and elective surgery data within its investor presentation, which is accessible at investor.pacira.com.
ANTM

Hot Stocks

08:07 EDT Anthem and kidney care company Somatus announce multi-year partnership - Somatus announced a long-term, multi-year partnership with Anthem. Together, Anthem and Somatus will change how kidney care is experienced and delivered for members of Anthem's affiliated Medicare Advantage plans, specifically individuals with chronic kidney disease, CKD, Stage 3, 4, and 5 and end-stage kidney disease, ESKD. Somatus' services are available to eligible CKD and ESKD members enrolled in Anthem-affiliated Medicare Advantage plans starting on November 1, 2021, and ESKD Chronic Special Needs Plans starting on January 1, 2022. In addition to this partnership, Anthem made a strategic investment in Somatus. Somatus' partnership with Anthem expands the Company's geographic footprint to 34 states and increases its kidney care lives under management to more than 150,000. The Company is currently partnered with 10 national and regional health plans, several dozen hospitals and health systems, and more than 19,000 primary care providers, nephrologists, and other specialists. The Company's impressive growth across all kidney care stakeholders reflects its demonstrated ability to improve quality of care and lower costs for patients with kidney disease. "Anthem is committed to providing access to innovative programs that meet each health plan member's unique healthcare needs," said Elena McFann, President of Anthem's Medicare business. "Investing in and partnering with Somatus ensures consumers with kidney disease enrolled in our affiliated health plans will receive industry-leading personalized, in-home care and resources they need to improve their health and wellbeing." As part of this collaboration, Anthem will enable bi-directional data exchange with Somatus via Anthem's Health OS, which is a comprehensive, cloud native, payor and provider agnostic platform for health that connects siloed health data and disparate technologies to drive deeper insights as well as reduce costs and complexity. The secure, bi-directional data exchange will transmit timely alerts on member admission and discharge to optimize care, simplify coordination with Anthem care management personnel, and enhance the consumer and provider experience.
ITRI

Hot Stocks

08:06 EDT Itron to sell two businesses to Dresser Utility Solutions, terms undisclosed - Dresser Utility Solutions and Itron have reached an agreement for the sale of Itron's global gas regulator business and European commercial & industrial gas metering business to Dresser Utility Solutions. The transaction is subject to customary closing conditions, including completion of European and country due processes with employee representative bodies, and is expected to close in the first half of 2022. As part of the sale, Itron employees supporting European mechanical gas C&I meters and stations and global gas regulators will become employees of Dresser Utility Solutions. Itron will continue to develop and offer high value communicating electricity, gas, water devices in Europe and globally.
BMEA

Hot Stocks

08:05 EDT Biomea Fusion expects cash to sustain operations well into 2024 - As of September 30, 2021, the Company had cash, cash equivalents, restricted cash, and investments of $191.9 million.
SGMS

Hot Stocks

08:03 EDT Scientific Games acquires Authentic Gaming, terms not disclosed - Scientific Games has acquired Authentic Gaming, a provider of premium live casino solutions, which marks the company's first move into the Live Casino market and significantly enhances the company's product portfolio. Based in Malta, Authentic Gaming has a proud history of providing the European iGaming market with a range of live casino products that have been shaped with player preferences and market trends in mind. The company is currently integrated with over 30 European operators, including leading brands Entain, 888, Betway Group, LeoVegas, Mr Green and many others .
PHRRF RVVTF

Hot Stocks

08:01 EDT Revive, PharmaTher enter research collaboration agreement - PharmaTher Holdings (PHRRF) is pleased to announce it has entered into a research collaboration agreement with Revive Therapeutics Ltd. (RVVTF) to evaluate the delivery of psilocybin with PharmaTher's proprietary microneedle patch technology for neuropsychiatric disorders. PharmaTher is currently conducting IND-enabling research studies with MicoDose-MN, a patent-pending biocompatible and biodegradable gelatin methacryloyl microneedle patch, to deliver psilocybin to support an IND application with the FDA for clinical studies in 2022. Research results with MicroDose-MN for psilocybin will be made available in November 2021. The Company is also conducting research studies with its MicoDose-MN and MacroDose-MN patch as a next generation delivery system for psychedelics with ketamine, 3,4-methylenedioxy-methamphetamine, lysergic acid diethylamide, and N, N-dimethyltryptamine. Also, the Company has decided to expand research to include ibogaine and mescaline. Partnership opportunities currently exist with MDMA, LSD, DMT, ibogaine and mescaline for specialty pharmaceutical companies seeking a differentiated and validated delivery system for psychedelics, desired pharmacokinetic profiles, intellectual property protection, cGMP microneedle patches for IND-enabling and clinical studies, and a clear clinical pathway towards FDA Phase 1 and 2 clinical studies in 2022. The Company's MicroDose-MN and MacroDose-MN patches have the potential to efficiently penetrate the stratum corneum layer, enable flexible drug load capacity and combinations, and control-release delivery, which may overcome the potential drawbacks of oral administration, subcutaneous injections, topical and nasal delivery systems. In addition to the potential of maintaining constant plasma levels for more than 24 hours, the MN patches aim to empower patients to dose their medication remotely, safely and conveniently rather than under supervision by a healthcare provider at a certified medical office. To achieve this, the Company will incorporate anti-tampering and anti-abuse features that would parallel the approach used for the tamper-resistant transdermal fentanyl patch.
BKYI

Hot Stocks

07:58 EDT America's Auto Auction selects BIO-key PortalGuard IDaaS platform - BIO-key International announced America's Auto Auction has selected BIO-key's PortalGuard Identity-as-a-Service platform. With 23 locations nationwide, America's Auto Auction is one of the fastest-growing auctions in the US and has chosen to partner with BIO-key to enhance access security and support delivery of cloud desktops, applications, and workstations from the public cloud.
RVLGF

Hot Stocks

07:57 EDT Revival Gold releases infill drill results at Haidee - Revival Gold is pleased to announce results from the first eight infill drill holes completed in the Haidee target area in connection with the Company's 2021 exploration program at the Beartrack-Arnett Gold Project located in Idaho, USA. Each of the eight holes reported below encountered above cut-off grade, near-surface oxidized gold mineralization. Highlights include: 1.15 g/t gold over 13.7 meters in AC21-078D; 0.42 g/t gold over 29.9 meters in AC21-074D; 0.77 g/t gold over 13.0 meters in AC21-073D; 0.43 g/t gold over 23.2 meters in AC21-072D; 0.47 g/t gold over 18.9 meters in AC21-071D.The 2021 drilling program at Haidee was designed to upgrade and expand the deposit's current Inferred heap leachable mineral resources. In addition, the program included drill holes to obtain engineering data for the planned late-2022 Pre-Feasibility Study. A total of 15 holes were completed with four holes drilled for geotechnical and hydrological purposes. Assay results for the remaining seven drill holes are expected by year end.
WBA PFE

Hot Stocks

07:57 EDT Walgreens to begin administering Pfizer COVID-19 vaccine to children - Walgreens (WBA) will begin administering Pfizer's (PFE) COVID-19 vaccine to children ages five to eleven in thousands of stores nationwide beginning Saturday, November 6. This follows the FDA Emergency Use Authorization and new guidance from the Centers for Disease Control and Prevention, or CDC, for this population. The recommendation of Pfizer's COVID-19 vaccine for this age group comes as children are at least as likely to be infected with COVID-19 as adults are and at risk of severe illness.
BIIB

Hot Stocks

07:56 EDT Biogen announces data presentations at the 2021 CTAD Meeting - Biogen announced the company will present a variety of new data from its Alzheimer's disease product portfolio and clinical development pipeline at the upcoming annual Clinical Trials on Alzheimer's Disease conference, held November 9-12 virtually and in Boston, Massachusetts. Biogen's contributions to the conference are driven in part by analyses from the largest clinical trial dataset in early Alzheimer's disease research. This includes over 3,000 patients in Phase 3 trials and approximately 1,700 patients in the ADUHELM redosing trial, EMBARK. A late breaking presentation will highlight important new data from over 7,000 plasma samples from the ADUHELM Phase 3 trials that, for the first time, examines the effect of ADUHELM on plasma phosphorylated tau181 and its correlation to amyloid beta plaques and disease progression, as measured by clinical decline endpoints, in patients with early Alzheimer's disease. The accumulation of amyloid beta plaques and tangles of tau proteins in brain cells are the two defining pathologies of Alzheimer's disease. The data will be discussed at the virtual oral presentation and roundtable: "Dose and time dependent changes in plasma ptau181 in patients treated with aducanumab in the ENGAGE and EMERGE trials," on Thursday, November 11, at 5:10 p.m. EST. Biogen will also present data from over 1,800 patients that were screened for the EMBARK re-dosing trial with ADUHELM, to shed light on the impact of stopping treatment in clinical trials. Patients who were enrolled in the ADUHELM trials when they were discontinued in 2019 later re-enrolled in the EMBARK trial, after a lengthy off-treatment period of an average of 1.7 years. Some of these patients had been on treatment for more than 4 years in the PRIME Phase 1b long-term extension, as well as for up to 18 months in the Phase 3 trials, EMERGE and ENGAGE. Disease progression and amyloid beta plaque levels during this extended discontinuation of Alzheimer's disease treatment will be examined in the Virtual Oral Presentation, "Baseline EMBARK data from EMERGE, ENGAGE, and PRIME participants in the EMBARK re-dosing study," on Tuesday, November 9, at 8:00 a.m. EST. In addition, a poster titled, "Urgency to treat before it's too late: Daily transitions to moderate AD dementia in the US and Europe," will examine how many people are estimated to progress daily from mild cognitive impairment due to Alzheimer's disease to mild Alzheimer's disease, and from mild Alzheimer's disease to moderate
FLGC

Hot Stocks

07:54 EDT Flora Growth to acquire Vessel for $8M in cash, 4.56M shares - Flora Growth announced it has entered into a definitive agreement in respect of the previously announced acquisition of 100% of Vessel Brand. As set forth below, upon the closing of the transaction, Flora will acquire Vessel for aggregate consideration of $30M, consisting of a combination of cash and the issuance of Flora common shares. Vessel launched in 2018. Pursuant to the terms of the definitive agreement between Flora, Vessel, and certain related third parties, upon the closing of the transaction, Vessel will merge into a wholly-owned subsidiary of Flora, and Flora will acquire 100% of the equity interests of Vessel for consideration consisting of $8M in cash and 4,557,318 privately issued Flora common shares. Certain shareholders of Vessel that will receive in excess of a majority of the Flora common shares issued as part of the transaction consideration, will be required to enter into lock-up agreements restricting the transfer of such common shares for a period of six months from the closing. The closing is subject to customary closing conditions, including the accuracy of representations and warranties and the fulfillment of certain covenants of the parties. It is anticipated that the closing will take place in mid-November.
DOCRF

Hot Stocks

07:53 EDT CloudMD partner with Apotex Latinoamerica to drive expansion of health education - CloudMD Software & Services announces an expanded partnership with Apotex, a Canadian-based global pharmaceutical company, to provide Apotex Latinoamerica with its IMD Health digital education resource platform to support doctors, patients and individuals in Latin America and provide access to its database of health educational resources. The IMD platform will be available in Mexico, Costa Rica, Panama and Nicaragua. CloudMD and Apotex Latinoamerica have partnered to provide better access to healthcare resources for doctors and patients in Latin America. The partnership focuses on two core platforms: an integration into a Apotex-operated physician web portal and, integration into a public facing web portal. CloudMD's educational platform will provide access to peer-reviewed healthcare resources that will assist and support doctors and patients throughout their care journey. The platform has developed Spanish as a core language option on the offering which provides further opportunities for global expansion. Dr. Essam Hamza, CEO of CloudMD commented, "We are excited to announce an expansion of our partnership with Apotex into Latin America. Our IMD Health education platform has a robust database, and we feel very fortunate to be able to provide credible, trusted healthcare resources to practitioners and patients to support their health needs."
NFYEF

Hot Stocks

07:52 EDT NFI Group expects to see improvements in financial results in 2H22 - The Company expects to see improvements in its financial results in the second half of 2022 and beyond as markets recover, as global supply chains recover, as the Company capitalizes on government investments, and as the NFI Forward initiative continues to deliver improvements to operating metrics. Year-over-year, Active Bids in the Company's North American Public Bid Universe are up 10.9% and in 2021 Q3, the Company submitted its highest number of bids since 2017 Q2, for 6,307 EUs. Management expects Active Bids will continue to remain high throughout 2021 and into 2022 as markets recover from the COVID-19 pandemic and new government funding begins to reach transit agencies. This increase in activity is expected to drive backlog and revenue growth and follows a slower period, in 2019 and 2020, when many transit agencies delayed or deferred new procurements as they evaluated ZEB fleet plans and managed through the COVID-19 pandemic. NFI projects a growing adoption of ZEBs over the next 10 to 15 years as operators in North America, the UK, Europe and Asia Pacific markets transition their fleets to zero-emission. Management believes that NFI is well-positioned to capitalize on this long-term transition to ZEBs based on its current leadership position in core markets, broad product offering, historic experience, and deep customer relationships. The Company continues to expect that approximately 20% of NFI's 2021 manufacturing sales will be battery-electric and hydrogen fuel-cell buses, growing to approximately 40% of manufacturing sales by 2025.
CVS

Hot Stocks

07:52 EDT CVS Health raises FY21 Health Care benefits revenue view to $80.7B-$81.9B - Prior view was $79.9B-$81.2B. Raises FY21 Pharmacy Services revenue view to $151B-$153.2B from $148.4B- $150.9B. Raises FY21 Retail/LTC revenue view to $97.8B-$99.1B from $94.3B-$95.6B. Expects vaccinations to continue into Q4 at a lower rate than Q3, and expects testing to modestly decline in comparison to Q3 levels.
LEXX

Hot Stocks

07:52 EDT Lexaria Bioscience announces new study on DehydraTECH-CBD for hypertension - Lexaria Bioscience announces a significant new study to expand its hypertension clinical program and provides updates on three ongoing human clinical studies evaluating its proprietary DehydraTECH-CBD for potentially treating hypertension and heart disease. "HYPER-H21-4 is the most ambitious study Lexaria has ever undertaken and is enabled from the successful outcomes from our other 2021 human hypertension studies," said Chris Bunka, CEO of Lexaria Bioscience Corp. "Outcomes from this study could support Lexaria's goals related to pursuit of regulatory approvals for DehydraTECH-CBD for potential use as a treatment for high blood pressure." HYPER-H21-4 is expected to consist of 60 volunteers between the ages of 45-70 using three 150 mg doses of DehydraTECH-CBD, every day for the 6-week duration of the study. The study will use a double blinded, randomized cross-over design, and utilize a placebo control. Some volunteers will already be using leading standard of care hypertension drugs such as ACE inhibitors with or without diuretics to help evaluate the efficacy of DehydraTECH CBD with and without other hypertension treatments. The extended duration of the study will allow Lexaria to gather critical data monitoring extended use of DehydraTECH-CBD and will evaluate the potential for longer term health benefits. Study protocols are being readied for submission to the Independent Review Board and approval is anticipated by January, 2022. HYPER-H21-4 is more comprehensive than any work previously undertaken by Lexaria and many types of analysis will be performed including 24-hour ambulatory blood pressure arterial stiffness and autonomic balance; brain structure and function through brain magnetic resonance imaging blood biomarkers ; renal, hepatic, sleep quality / daytime sleepiness / sleep disorders; actigraphy, geriatric depression scale, perceived stress, and Beck anxiety inventory. The wide range of data collection could provide additional insights into the benefits of DehydraTECH-CBD that might otherwise remain hidden from view. HYPER-H21-4 is expected to produce an enormous amount of data that, if positive, should be supportive of Lexaria's plans to enter regulatory pathways anticipated to result in eventual regulatory approval to use DehydraTECH-CBD to treat hypertension and perhaps other forms of cardiovascular disease. This study is entirely funded through the Company's existing cash resources and is not subject to any financing requirement.
LEXX

Hot Stocks

07:52 EDT Lexaria Bioscience announces new study on DehydraTECH-CBD for hypertension - Lexaria Bioscience announces a significant new study to expand its hypertension clinical program and provides updates on three ongoing human clinical studies evaluating its proprietary DehydraTECH-CBD for potentially treating hypertension and heart disease. "HYPER-H21-4 is the most ambitious study Lexaria has ever undertaken and is enabled from the successful outcomes from our other 2021 human hypertension studies," said Chris Bunka, CEO of Lexaria Bioscience Corp. "Outcomes from this study could support Lexaria's goals related to pursuit of regulatory approvals for DehydraTECH-CBD for potential use as a treatment for high blood pressure." HYPER-H21-4 is expected to consist of 60 volunteers between the ages of 45-70 using three 150 mg doses of DehydraTECH-CBD, every day for the 6-week duration of the study. The study will use a double blinded, randomized cross-over design, and utilize a placebo control. Some volunteers will already be using leading standard of care hypertension drugs such as ACE inhibitors with or without diuretics to help evaluate the efficacy of DehydraTECH CBD with and without other hypertension treatments. The extended duration of the study will allow Lexaria to gather critical data monitoring extended use of DehydraTECH-CBD and will evaluate the potential for longer term health benefits. Study protocols are being readied for submission to the Independent Review Board and approval is anticipated by January, 2022. HYPER-H21-4 is more comprehensive than any work previously undertaken by Lexaria and many types of analysis will be performed including 24-hour ambulatory blood pressure arterial stiffness and autonomic balance; brain structure and function through brain magnetic resonance imaging blood biomarkers ; renal, hepatic, sleep quality / daytime sleepiness / sleep disorders; actigraphy, geriatric depression scale, perceived stress, and Beck anxiety inventory. The wide range of data collection could provide additional insights into the benefits of DehydraTECH-CBD that might otherwise remain hidden from view. HYPER-H21-4 is expected to produce an enormous amount of data that, if positive, should be supportive of Lexaria's plans to enter regulatory pathways anticipated to result in eventual regulatory approval to use DehydraTECH-CBD to treat hypertension and perhaps other forms of cardiovascular disease. This study is entirely funded through the Company's existing cash resources and is not subject to any financing requirement.
SPSC

Hot Stocks

07:51 EDT SPS Commerce acquires Genius Central for $17M in cash - SPS Commerce announced the acquisition of Genius Central, a software solution provider known for its expertise in the natural and organic foods industry. "We are excited about the acquisition of Genius Central, a leader in in-aisle ordering for natural and specialty food grocers," said Archie Black, President and CEO of SPS Commerce. "We believe this partnership will strengthen SPS' leadership in food retail, food distribution, and health and wellness, while we expand our community across the grocery industry." As part of the SPS Commerce community, Genius Central customers will have access to the industry's broadest trading community, which includes more than 95,000 trading partners in over 80 countries. Under the terms of the agreement and plan of merger, SPS Commerce acquired Genius Central for approximately $17M in cash.
AEHR

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07:50 EDT Aehr Test Systems receives $7.6M order for WaferPak Full Wafer Contactors - Aehr Test Systems announced it has received a $7.6M order from its lead silicon carbide test and burn-in customer for WaferPak full wafer Contactors to meet their increased production capacity needs. These WaferPaks are scheduled to be delivered over the next five months to accompany the FOX-XP systems previously ordered by this customer announced in September. Like the FOX-XP systems order, this order also includes down payments. Gayn Erickson, President and CEO of Aehr Test Systems, commented, "These WaferPak Contactors accompany the previous $19 million order for FOX-XP production test systems from this customer to meet their capacity needs for testing silicon carbide devices used for power conversion in on-board and off-board electric vehicle chargers, as well as the traction inverters used in electric vehicle motor controllers. This customer, who is a leading Fortune 500 supplier of semiconductor devices with a significant customer base in the automotive semiconductor market, also expects demand for silicon carbide in other major markets, including home electric storage and solar power conversion. This order is for about two thirds of the WaferPaks needed to match the capacity of the FOX-XP systems this customer previously ordered, and we expect them to order additional WaferPaks to accompany the systems that are scheduled to be shipped over the next seven months. In addition to their forecast for additional WaferPaks this fiscal year, this customer forecasts significant additional system and WaferPak purchases, reflecting the growing demand for silicon carbide devices for electric vehicle and other applications that multiple industry forecasters and analysts expect to grow at a compound annual growth rate of more than 30% over the next decade."
SBGI

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07:48 EDT Sinclair Broadcast reports Q3 EPS 25c, consensus (86c) - Reports Q3 revenue $1.54B, consensus $1.58B. "As the economy emerges from the pandemic, our advertising recovery continues to be strong, with our core advertising, excluding auto, growing versus 2019 across both our broadcast and sports segments," said Chris Ripley, Sinclair's president and CEO. "The continuing headwinds from auto component shortages, which in the near-term has reduced automotive advertising revenue, has been mostly offset by higher services and sports betting advertising demand, trends we expect to continue throughout the remainder of the year and into next year. 2022 should benefit from the recent moderation of subscriber declines, as well as further recovery from the pandemic and robust political advertising due to the mid-term election cycle, which should favorably affect overall advertising demand and rates."
VRNOF

Hot Stocks

07:48 EDT Verano Holdings appoints Destiny Thompson as Chief People Officer - Verano announced the appointment of Destiny Thompson as Chief People Officer, CPO. Thompson will lead all aspects of Human Resources including the further integration of a people first culture at Verano. Thompson was previously Chief Human Resources Officer at Stout, a private investment bank and advisory firm.
J

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07:48 EDT Jacobs wins architecture and engineering services contract for NASA - Jacobs was selected by NASA to perform architectural and engineering work under the agency's Southeast Region Architect and Engineering program. The multiple award indefinite delivery/indefinite quantity contract has a shared program ceiling of $300M across a five-year period. Jacobs will provide wide-ranging services across all project phases to rehabilitate, modernize and develop new systems for NASA facilities and ground support systems at several NASA sites.
BABYF

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07:46 EDT Else Nutrition provides update on sales growth drivers for 2022 - LSE NUTRITION HOLDINGS is pleased to report on its planned key sales drivers for 2022: In September 2020 Else launched a single SKU on amazon.com, with Kids Shakes launch in July 2021. Monthly sales are growing at a rate of 10% AVG MoM with 60% repeat purchases with 650+ subscribers and are expected to accelerate as the product range grows substantially in 2022. In the first quarter of 2021 Else launched the Toddler product on Thrive Market and iHerb with solid MoM growth on these important platforms. In the fourth quarter of 2021 Else will start selling on Walmart's and Kroger's online platforms expanding its product range to include Kids Shakes on all 4 platforms. Else expects sales from these and from additional online platforms to be a key sales driver in 2022. In the first quarter of 2021 Else launched its Toddler product in Sprouts Farmers Markets and saw sales velocity grow steadily to over 1.1 UPWPS. In the third quarter of 2021 Else was listed with more than a dozen retailers and over 100 independents and co-ops representing 1,200+ doors combined, with majority of these coming online in late summer to early fall. Else continues to add additional products such as Kids Shakes to the currently listed stores and is in discussions for listing with dozens of natural food and grocery retailers representing more than 5,000 additional doors, and with key pharmacy retailers that represent more than 20,000 doors. In 2022 else plans to expand sales to more than 4,000 doors and continue to add to its product range. In 2021 Else started with the launch of a single powder product - Complete Plant Based Nutrition for Toddlers. By mid-year Else added Kids Shakes to its online range which grew rapidly to reach 30% of all e-store sales. Kids Shakes in Banana and Mango flavors will be added to retail store SKU's in fourth quarter of 2021, and in 2022 Else will add several new exciting product lines - Super Cereal in flavors for 6+ month babies will launch in first quarter of 2022, in 7 oz package. A non-organic Toddler product with a more affordable price point that will allow more babies to enjoy Else is planned to be launched in the first quarter of 2022. Ready to Drink, 8 fl. oz bottles, for Kids in multiple flavors will launch soon after. During 2022 the product range will grow to 10+ products and 20+ SKUs in the US and a product range is planned for Canada, Europe and the Far East. Based on current interest for Else from Canada in our e-store we know that demand in Canada for Else is very high. Canada regulations required the development of slightly different range of products, starting in the first quarter of 2022 Else plans to launch three products in Canada - Toddler Drink, non-organic; Kids Drinks, non-organic, in flavors; Super Cereal, organic, in flavors. Launch is planned to include all channels during 2022 - Else e-store, Amazon.ca, grocery and pharmacy retail chains, natural food retailers and independents, which over time is anticipated to grow to 12-15% of sales volume for North America.
INMD

Hot Stocks

07:46 EDT InMode files PCT patent application for treating neurodegenerative diseases - InMed Pharmaceuticals announced that it has filed an international patent application demonstrating neuroprotection and enhanced neuronal function using a rare cannabinoid for the potential treatment of neurodegenerative diseases such as Alzheimer's Disease, Parkinson's Disease, Huntington's Disease and others. This Patent Cooperation Treaty, PCT, application, entitled "Compositions and Methods for Treating Neuronal Disorders with Cannabinoids", specifies a rare cannabinoid that may inhibit or slow the progression of neurodegenerative diseases by providing neuroprotection in a population of affected neurons. Furthermore, the PCT application also demonstrates the subject cannabinoid compound can also be used to promote neurite outgrowth, signifying the potential to enhance neuronal function. "We are very encouraged by this initial data demonstrating potential for the use of a rare cannabinoid to improve neuronal function and provide neuroprotection for treating neurodegenerative disorders including Alzheimer's disease, Parkinson's disease and Huntington's disease," stated Dr. Eric Hsu, Senior Vice President Pre-Clinical Research & Development at InMed. "This PCT patent application advances our strategy directed towards researching and developing rare cannabinoids as potential pharmaceutical therapeutics for diseases with high unmet medical needs. Expanding our patent portfolio to include, in addition to cannabinol, an incremental rare cannabinoid for the potential treatment of major neurodegeneration indications demonstrates our continued commitment to our pharmaceutical programs and the potential of rare cannabinoids in medicine."
RVVTF PHRRF

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07:44 EDT Revive Therapeutics, PharmaTher collaborate for development of psilocybin MN - Revive Therapeutics (RVVTF) announces it has entered into a research collaboration agreement with PharmaTher (PHRRF), a clinical-stage psychedelics biotech company, to evaluate the delivery of psilocybin with PharmaTher's proprietary microneedle, MN, patch technology for neuropsychiatric disorders. PharmaTher is currently conducting IND-enabling research studies with MicroDose-MN, a patent-pending biocompatible and biodegradable gelatin methacryloyl microneedle patch, to deliver psilocybin to support an IND application with the FDA for clinicals studies in 2022. Research results with MicroDose-MN for psilocybin will be made available in November 2021 by PharmaTher. Revive is building a specialty psilocybin-based product pipeline with the aim to treat mental illness, substance abuse and neurological disorders. Michael Frank, CEO of the Company commented, "We are maintaining our focus in building a unique psilocybin-based product portfolio through research collaborations, licensing and commercialization agreements with academic research institutions and specialty pharmaceutical companies. The collaboration with PharmaTher complements our psilocybin product offerings as potential treatments for mental illness, substance abuse and neurological disorders. We believe there is no one fits all product profile solution with psilocybin and that for psilocybin to be a next generation therapeutic, it will require different use and delivery forms to achieve the intended target indications. As such, we aim to become a leader in psilocybin-based solutions for unmet medical needs by collaborating with companies that have intellectual property and experience in their delivery technologies."
CDNA

Hot Stocks

07:44 EDT CareDx announces presentations at ASN Kidney Week - CareDx announced key data and presentations at the American Society of Nephrology Kidney Week 2021, which will be held virtually from November 4-7, 2021. At ASN Kidney Week, CareDx is featured in two clinical abstracts that continue to support the utility of AlloSure as an important surveillance tool for transplant patient management. Diagnostic Performance of Donor-Derived Cell-Free DNA Assay in Kidney Transplant Recipients with Graft Dysfunction: A Single-Center Study, November 4, 10:00 AM - 12:00 PM ET. Additionally, in conjunction with Kidney Week 2021, CareDx is hosting a virtual Transplant Innovation Day on Friday, November 5 from 12:00-1:00 PM ET. Dr. Robert Montgomery from New York University Langone Transplant Institute will provide key insights into the first xenotransplant of a kidney grown in a genetically altered pig into a human. Dr. Enver Akalin from Montefiore Medical Center will present the AlloMap Kidney validation data. David-Alexandre Gros, CEO of Eledon Pharmaceuticals, will discuss the partnership with CareDx to further transplant therapeutics clinical trials. Dr. Titte Srinivas, Vice President of Digital Development and Clinical Integration at CareDx, will review independent validation data with AlloSure in over 1000 patients
CLH

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07:42 EDT Clean Harbors sees FY21 ees FY adjusted Ebitda $655M-$675M
MG

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07:41 EDT Mistras releseas MISTRAS OneSuite, Sensoria asset protection technologies - MISTRAS Group announced the release of two distinct new proprietary technologies that make asset protection more digitally-connected and intelligent - the MISTRAS OneSuite asset protection software ecosystem and the Sensoria wind blade monitor. ISTRAS OneSuite seeks to make asset integrity data as insight-driven, user-friendly, accessible, and actionable as possible. Through the OneSuite app gallery, 50-plus interconnected, cross-functional apps from MISTRAS' popular software and services brands enable customers to see additional dimensions of their asset integrity data. OneSuite is currently available to existing customers and new Software-as-a-Service customers. Sensoria enhances visibility and accessibility to wind turbine blade integrity data, using a 24/7/365 blade monitor and data portal to detect, report, and visualize blade damages to help maximize blade uptime, safety, and performance. The system incorporates MISTRAS' world-class acoustic emission technology for the early detection of damage, "listening" for signs of damage before they become visible. Sensoria's blade management capabilities help optimize inventory planning and spare parts management throughout the wind blade supply chain.
JYNT

Hot Stocks

07:41 EDT Joint Corp. names Jason Greenwood as Chief Marketing Officer - The Joint promoted Jason Greenwood to Chief Marketing Officer. Greenwood will continue to report to President and Chief Executive Officer Peter Holt.
AVRO

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07:39 EDT Avrobio receives rare pediatric disease designation for AVR-RD-05 from FDA - Avrobio announced that the FDA has granted rare pediatric disease designation to AVR-RD-05, its lentiviral gene therapy for the treatment of mucopolysaccharidosis type II, or MPSII, or Hunter syndrome, a rare and seriously debilitating lysosomal disorder that primarily affects young boys.
PSTV

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07:38 EDT Plus Therapeutics to host KOL roundtable on ReSPECT GBM trial - Plus Therapeutics announced that it will host a key opinion leader roundtable discussion on the ReSPECT-GBM trial on Thursday, November 18, 2021, 4:00 to 5:00 p.m. ET. The webinar will feature a comprehensive discussion about the ongoing ReSPECT-GBM trial including key safety, tolerability, dosing, feasibility and efficacy data. Speakers will include: Andrew J. Brenner, M.D., Ph.D., Associate Professor of Medicine, Neurology, and Neurosurgery at The University of Texas, Health Services Center at San Antonio and principal investigator of the ReSPECT-GBM trial, will provide an update on the trial and provide insight on the trial data. Toral Patel, M.D., Associate Professor, Department of Neurosurgery, UT Southwestern Medical Center, will provide her prospective on the use of convection enhanced delivery in neurosurgery. Marc H. Hedrick, M.D., President and Chief Executive Officer of Plus Therapeutics, will discuss the technology behind 186RNL as well as an overview of the opportunities for radiotherapeutic development. The webinar is intended to provide a comprehensive discussion of the trial data and an opportunity for questions from analysts, physicians and advocacy groups. The ReSPECT-GBM Phase 1 clinical trial is evaluating the Company's lead investigational asset, Rhenium-186 NanoLiposome, in patients with recurrent glioblastoma. Dr. Brenner will also present ReSPECT-GBM data during a poster session on November 19, 2021, 7:30 - 9:30 p.m. ET, at the 2021 Society for Neuro-Oncology Annual Meeting and Education Day being held in Boston, Massachusetts.
WING

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07:35 EDT Wingstop sees FY21 domestic SSS up 7%-8% - For 2021, expects: unit growth of 12%+, total cost of sales of approximately 80% to 83%, as a percentage of company owned restaurant sales; SG&A of $62.2M-$63.2M; and adjusted SG&A, a non-GAAP measure, of $52.5M-$53.0M.
BBIO

Hot Stocks

07:34 EDT BridgeBio doses first patient in Phase 1/2 clinical trial of BBP-812 - BridgeBio Pharma announced that the first patient has been dosed in CANaspire, its Phase 1/2 clinical trial of BBP-812, an investigational adeno-associated virus 9 gene therapy for the treatment of Canavan disease. Canavan disease is an ultra-rare and fatal disease that affects approximately 1,000 children in the United States and European Union. There are currently no approved therapies for the condition.
NYT

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07:31 EDT New York Times sees Q4 subscription revenue up about 12% -
AGIO

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07:30 EDT Agios Pharmaceuticals announces key upcoming milestones - Host investor day on Nov. 17 to share updates on the company's research and development pipeline, as well as provide additional insights into the commercial launch strategy and expectations for mitapivat in PK deficiency. Initiate Phase 2/3 RISE UP study of mitapivat in sickle cell disease by year-end.
AGIO

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07:29 EDT Agios expects cash to enable operating plan through major catalysts - Cash, cash equivalents and marketable securities as of Sept. 30, 2021, were $1.4 billion compared to $722.4 million as of Sept. 30, 2020. The company expects that its cash, cash equivalents and marketable securities will enable the company to execute its operating plan through major catalysts and to cash-flow positivity without the need to raise additional equity.
CRL

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07:26 EDT Charles River sees LT adjusted EPS growth at faster rate vs. revenue - 2024 financial targets include: Low-double-digit organic revenue growth; Operating margin of ~22.5% in 2024; Non-GAAP EPS growth at a faster rate than revenue.
CRL

Hot Stocks

07:23 EDT Charles River positioned to achieve low double digit organic revenue growth goal - In slides being presented on its Q3 earnings conference call, Charles River said it believes it will achieve its low-double-digit organic revenue growth target over the longer term, as well as in 2022. The company is seeing "unprecedented demand" across most of its businesses, it says. Sees FY21 operating margin 21%, longer-term operating margin of 22.5% in 2024.
KPTI

Hot Stocks

07:23 EDT Karyopharm sees cash, cash equivalents and revenues sufficient into mid-2023
AUTL

Hot Stocks

07:23 EDT Autolus Therapeutics announces key anticipated milestones - Updates on the FELIX trial, where Autolus is evaluating obe-cel in r/r adult ALL patients. The trial is currently enrolling patients into the Phase 2 portion. Initial data on the Phase 1b portion of the trial planned to be presented at the ASH Meeting in December 2021. Autolus expects data from the Phase 2 trial to be available in 2022. Updates from the ALLCAR19 extension trial in patients with r/r B-NHL and longer-term follow-up of the fully enrolled r/r adult ALL cohort expected at ASH Annual Meeting in December 2021.Updates on the obe-cel Phase 1 trial, CAROUSEL, in Primary CNS Lymphoma in Q1 2022.Non-clinical data and initial data from the AUTO1/22 CARPALL extension trial in pediatric ALL expected at ASH in December 2021. Updates on the AUTO4 Phase 1 trial in TRBC1+ Peripheral TCL expected in H1 2022. Phase 1 trials are expected to be initiated in Q4 2021 with AUTO8 in Multiple Myeloma.Phase 1 trials are expected to be initiated in H1 2022 with AUTO6NG in solid tumors and AUTO5 in TRBC2+ Peripheral TCL/
MAIN

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07:22 EDT Main Street exits debt and equity investments in J&J Services - Main Street Capital is pleased to announce that it recently fully exited its debt and equity investments in J&J Services upon the sale of the company to a strategic acquiror. Founded in 2000 and headquartered in Nashville, Tennessee, J&J is a second-generation family owned and operated business providing roll-off dumpster and portable toilet rental services to an expansive base of residential, commercial and demolition customers. Main Street realized a gain of $11M on the exit of its equity investment in J&J, with this realized value representing an increase of $5M above Main Street's fair market value for this investment as of June 30th, 2021.
KKR

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07:22 EDT KKR to acquire Bettcher Industries, terms undisclosed - KKR announced the signing of a definitive agreement under which KKR will acquire Bettcher Industries, a manufacturer and supplier of food processing equipment and associated aftermarket parts and consumables, from MPE Partners. Headquartered in Birmingham, Ohio, Bettcher is a trusted provider of innovative, semi-automated handheld tools and automated equipment for thousands of beef, pork and poultry processing plants globally. KKR is making its investment in Bettcher Industries through its North American private equity strategy. Further terms were not disclosed.
AUTL

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07:22 EDT Autolus Therapeutics expects cash to provide runway into 1H23 - Cash at September 30, 2021, totaled $173.1 million, as compared to $216.4 million at June 30, 202
ONCY

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07:21 EDT Oncolytics doses first patient in Phase 1/2 GOBLET trial - Oncolytics Biotech announced that the first patient has been dosed in the phase 1/2 GOBLET trial. The trial is being managed by AIO, a leading academic cooperative medical oncology group based in Germany, and is designed to investigate the use of pelareorep in combination with Roche's anti-PD-L1 checkpoint inhibitor atezolizumab in patients with metastatic pancreatic, metastatic colorectal and advanced anal cancers.
SMG

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07:19 EDT Scotts Miracle-Gro plans to repurchase up to $300M in shares in FY22 - The Company also said it plans to repurchase up to another $300 million in shares during fiscal 2022.
ARVN

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07:16 EDT Arvinas announces anticipated milestones and expectations - For ARV-471: present Phase 1 dose escalation trial data; present data from the VERITAC Phase 2 expansion trial in 2022; present safety data from the Phase 1b combination study with palbociclib in 2022; Initiate multiple Phase 3 trials in metastatic breast cancer in 2022; initiate Phase 1b combination trial with everolimus in 2L/3L metastatic breast cancer, potentially as part of a planned umbrella study with Pfizer to explore multiple combination agents in 2022; and initiate Phase 2 neoadjuvant trial in early breast cancer in 2022. For ARV-110: present completed Phase 1 dose escalation data at ASCO Genitourinary Cancers Symposium in February 2022; and present interim data from the ARDENT Phase 2 dose expansion at ASCO Genitourinary Cancers Symposium in February 2022. For ARV-766: announce Phase 1 dose escalation data in mCRPC in 2022; and initiate Phase 2 expansion trial in mCRPC in 2022.
CNC

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07:15 EDT Centene to sell majority stake In U.S. Medical Management - Centene announced that it has signed a definitive agreement to sell a majority stake in U.S. Medical Management, to Rubicon Founders; Valtruis, a WCAS company; Oak HC/FT; and HLM Venture Partners. Centene will retain a minority stake in USMM. The transaction is subject to clearance under the Hart-Scott Rodino Act and satisfaction of other customary closing conditions.
CDW

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07:15 EDT CDW raises quarterly dividend 25% to 50c per share - CDW Corporation announced that its Board of Directors has declared a quarterly cash dividend of $0.50 per common share to be paid on December 10, 2021 to all stockholders of record as of the close of business on November 24, 2021. This amount represents a 25 percent increase over last year's dividend and approximately 25 percent of the trailing-twelve-month Non-GAAP net income through September 30, 2021. Future dividends will be subject to Board of Director approval.
PRAX

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07:13 EDT Praxis Precision Medicines expects cash to fund operations into 2Q23 - As of September 30, 2021, Praxis had $314.4 million in cash, cash equivalents and marketable securities, compared to $296.6 million in cash and cash equivalents as of December 31, 2020. This increase of $17.8 million primarily reflects $98.4 million in net proceeds from the follow-on public offering of shares of our common stock in May 2021, partially offset by cash used in operations of $79.7 million during the nine months ended September 30, 2021. The company's cash, cash equivalents and marketable securities as of September 30, 2021 are expected to fund operations into the second quarter of 2023.
DVN

Hot Stocks

07:12 EDT Devon Energy authorizes $1B share-repurchase program - Last night, Devon Energy announced "the next step in its cash-return strategy" with the authorization of a $1.0B share-repurchase program of its common stock through year-end 2022. This program is equivalent to approximately 4% of the company's current market capitalization, Devon noted. Today's announcement is another example of Devon's commitment to lead the energy industry in capital discipline, cash returns and alignment with shareholders. While our market-leading dividend will remain the top priority for free cash flow, this buyback program provides us with another avenue to opportunistically return value to shareholders and enhance per-share results," said Rick Muncrief, president and CEO.
DKS NKE

Hot Stocks

07:08 EDT Dick's Sporting, Nike create connected partnership - DICK'S Sporting Goods (DKS) and NIKE (NKE) have forged a transformative, connected partnership designed to enhance the shopping experience for DICK'S and NIKE customers. This first-of-its-kind collaboration will allow DICK'S and NIKE to each reach more customers and provide them with access to exclusive products, experiences and offers. DICK'S and NIKE customers can now connect their DICK'S Scorecard and NIKE Membership accounts through the DICK'S mobile app. DICK'S and NIKE aim to make the experience simple and convenient by providing an easy-to-use platform where customers can seamlessly shop an expanded selection of NIKE footwear and apparel. As part of this collaboration, DICK'S and NIKE will continually work together across their respective physical and digital properties to deliver enhanced convenience, new experiences and content for customers and better anticipate and fulfill their evolving needs.
NCLH

Hot Stocks

07:06 EDT Norwegian Cruise Line expects to report net loss in Q4 - As a result of the COVID-19 pandemic, while the Company cannot estimate the impact on its business, financial condition or near- or longer-term financial or operational results with certainty, it will report a net loss for the fourth quarter and full year ending December 31, 2021 and expects to report a net loss until the Company is able to resume regular voyages. As previously stated, based on its current trajectory and market and public health conditions, the Company expects to be profitable for the second half of 2022.
NCLH

Hot Stocks

07:05 EDT Norwegian Cruise Line reports Q3 monthly average cash burn $275M - The Company continues to take proactive measures to enhance liquidity and financial flexibility in the current environment. As of September 30, 2021, the Company's total debt position was $12.4 billion and the Company's cash and cash equivalents were $1.9 billion. The Company has taken the following additional actions to enhance its liquidity profile and financial flexibility since June 30, 2021: In November 2021, the Company entered into a $1 billion commitment through August 15, 2022 that provides additional liquidity to the Company. If drawn, this commitment will convert into an unsecured note maturing in April 2024. The Company has not drawn and currently does not intend to draw under this commitment. Diversified its credit card processors with the addition of Worldpay from FIS(R) as a preferred payments processor globally. In July 2021, the Company amended nine credit facilities for newbuild agreements and increased the combined commitments under such credit facilities by approximately $770 million to cover owner's supply. modifications and financing premiums. The Company's monthly average cash burn for the third quarter 2021 was approximately $275 million, below prior guidance of approximately $285 million. Looking ahead, the Company expects fourth quarter 2021 monthly average cash burn to increase to approximately $350 million driven by the continued phased relaunch of additional vessels. This cash burn rate does not include expected cash inflows from new and existing bookings or contribution from ships that have re-entered service. Cash burn rates include ongoing ship operating expenses, administrative operating expenses, interest expense, taxes, debt deferral fees and expected non-newbuild capital expenditures and exclude cash refunds of customer deposits as well as cash inflows from new and existing bookings, newbuild related capital expenditures and other working capital changes. Future cash burn rate estimates also exclude unforeseen expenses. The third quarter 2021 cash burn rate and fourth quarter estimate also reflect the deferral of debt amortization and newbuild related payments.
MAR

Hot Stocks

07:05 EDT Marriott now sees FY21 investment spending $525M-$550M - Prior view was $575M-$625M.
NCLH

Hot Stocks

07:04 EDT Norwegian says net bookings have materially improved over past six weeks - Net booking volumes in the third quarter 2021 were negatively impacted by the Delta variant. The resulting slowdown in net booking volumes was heavily weighted to sailings in the fourth quarter of 2021 and early 2022 and improved sequentially through 2022. The impact has since abated and net bookings have materially improved over the past six weeks with particular strength for bookings related to sailings in the second half of 2022 and into 2023. Despite the temporary Delta impact, the Company's overall cumulative booked position for full year 2022 is in line with 2019's record levels at higher pricing even when including the dilutive impact of future cruise credits ("FCCs"). The overall cumulative booked position for the second half of 2022, when the full fleet is expected to be back in operation and at normalized occupancy levels, is meaningfully higher than 2019 and at higher prices. The Company's advance ticket sales were $1.7 billion, including the long-term portion, which includes approximately $750 million of FCCs as of September 30, 2021. Advance ticket sales increased $0.3 billion on a net basis from the end of the second quarter even with approximately $100 million of revenue recognized in the quarter.
NCLH

Hot Stocks

07:03 EDT Norwegian Cruise Line expects 75% of capacity to resume sailing by year-end - The Company continues to execute on the phased relaunch plans for its 28-ship fleet. The Company had approximately 40% of its capacity operating by the end of the third quarter 2021 with the fleet in service being cash flow positive in the quarter. Occupancy in the third quarter 2021 was 57.4%, reflecting the Company's self-imposed occupancy limits. Looking ahead, approximately 75% of capacity is expected to be operating by year-end 2021 with the full fleet back in operation by April 1, 2022. The Company continues to expect to reach a critical inflection point in the first quarter 2022 with operating cash flow turning positive. In addition, based on the current trajectory, the Company expects to be profitable for the second half of 2022. All voyages across the Company's three brands continue to operate with its robust science-backed SailSAFE health and safety program. As part of this program, all voyages are operating with a policy of fully vaccinated guests and crew in addition to comprehensive SailSAFE protocols, which include universal COVID-19 testing prior to embarkation. The Company's 100% vaccination policy applies across all voyages on its three brands as the Company believes this is the safest way to resume cruising in the current global public health environment. These measures will be continuously evaluated and modified, with guidance from the SailSAFE Global Health and Wellness Council, as science, technology and the prevalence of COVID-19 evolve.
MAR

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07:02 EDT Marriott reports Q3 comparable systemwide constant dollar RevPAR down 25.8% - Third quarter 2021 comparable systemwide constant dollar RevPAR declined 25.8% worldwide, 19.9% in the U.S. & Canada, and 40.7% in international markets, compared to the 2019 third quarter. Third quarter 2021 comparable systemwide constant dollar RevPAR increased 118.4% worldwide, 134.7% in the U.S. & Canada, and 76.3% in international markets, compared to the 2020 third quarter.
RRD

Hot Stocks

07:00 EDT R.R. Donnelley withdraws FY21 outlook amid pending transaction - The company is withdrawing its previous financial outlook for 2021 and has suspended any further updates as a result of the pending transaction.
RRD

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06:58 EDT R.R. Donnelley to be acquired by Atlas for $8.52 per share in cash - R.R. Donnelley & Sons Company announced that it has entered into a definitive merger agreement to be acquired by affiliates of Atlas Holdings LLC, which operates a global family of manufacturing and distribution businesses, in an all-cash transaction with a total enterprise value of approximately $2.1 billion. The merger agreement has been unanimously approved by RRD's board of directors. Under the terms of the merger agreement, Atlas will acquire all of the outstanding shares of RRD common stock, and RRD stockholders will receive $8.52 per share in cash for each share of RRD common stock. The purchase price represents a premium of approximately 29.1 percent over RRD's closing price on November 2, 2021, approximately 72.8 percent over RRD's closing share price on October 11, 2021, the last trading day prior to the announcement of a non-binding offer by Chatham Asset Management, LLC, and a premium of approximately 64.1 percent over RRD's 60-day volume weighted average price for the period ended October 11, 2021. "The RRD board regularly reviews the Company's strategic priorities, and today's announcement is a culmination of a thorough, multi-year process to maximize value for RRD stockholders," said John Pope, RRD Chairman of the Board of Directors. "After a careful and thorough analysis, the RRD board believes that this transaction, which delivers an immediate premium and certain cash value, is in the best interest of RRD and our stockholders. We look forward to working with Atlas to complete this value enhancing transaction." Atlas intends to finance the transaction through a combination of committed equity financing provided by affiliates of Atlas as well as debt financing that has been committed to by JPMorgan Chase Bank, N.A. and Macquarie Capital. The transaction is not subject to a financing condition. Under the terms of the merger agreement, RRD may solicit additional acquisition proposals from third parties for a period of 25 calendar days from the signing of the merger agreement.
RRD

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06:58 EDT R.R. Donnelley to be acquired by Atlas for $8.52 per share in cash
CTRA

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06:49 EDT Coterra Energy sees Q4 total equivalent production 665-690 MBoepd - The company said, "The Company is providing fourth-quarter 2021 guidance which fully incorporates legacy Cimarex operations. Coterra expects fourth-quarter 2021 total equivalent production to average 665 to 690 MBoepd. Gas production for the total company is expected to average between 3,060 and 3,150 MMcfpd. Oil production is expected to average 86 to 90 MBopd, the midpoint representing 30 percent year-over-year growth from legacy Cimarex's fourth-quarter 2020 oil production of 67.8 MBopd. Coterra is currently running five rigs and two completion crews in the Permian Basin and two rigs and two completion crews in the Marcellus Shale. Coterra plans to average four completion crews during the fourth quarter of 2021, and expects to incur between $245 and $275 million of capital expenditures."
NICE

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06:46 EDT Nice's Investigate platform selected by UK's South Yorkshire Police - Nice's Investigate Digital Evidence Management solution has been selected by the UK's South Yorkshire Police as part of its Technology Enabled Change initiative, to facilitate digital transformation in the force, overcome digital evidence challenges and improve officer efficiency, collaboration and crime-fighting. Nice Investigate will be rolled out to 2,000 front-line officers, investigators and control room personnel to digitally transform police operations in the coming months. South Yorkshire Police will also use Nice Investigate to share digital evidence with the Crown Prosecution Service and other justice partners through fully electronic means.
BW

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06:43 EDT Babcock & Wilcox's Environmental segment awarded $5M contract in Middle East - Babcock & Wilcox's B&W Environmental segment has been awarded a contract for approximately $5M to supply a SPIG S.p.A. cooling system for a petrochemical facility in the Middle East. The cooling tower will be used to provide cooling for propane dehydrogenation and polypropylene production equipment while reducing environmental impact by conserving water and reducing liquid discharge.
HUM

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06:39 EDT Humana revises FY21 individual Medicare Advantage membership growth to 450K - Prior view was 425,000-475,000 members.
SITE

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06:24 EDT SiteOne Landscape raises 2021 adjusted EBITDA view to $380M-$400M - Previous view for 2021 adjusted EBITDA was $335M-$365M.
LL

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06:23 EDT Lumber Liquidators sees higher higher material and transportation costs in Q4 - The company continues to navigate uncertainty in the macroeconomic environment related to global supply chain disruptions, consumer spending, inflation and a challenging labor market. As a result, the company is not providing financial guidance at this time. The company is pleased with the traction it is gaining on its transformation initiatives and the momentum in its Pro customer and services sales; however, the company currently expects challenging DIY customer comparisons to continue in the fourth quarter of 2021. The company also expects higher material and transportation costs will be a headwind to gross margins in the fourth quarter of 2021 and into 2022 as the goods sell through. The company will continue to look to offset these higher costs through pricing and promotion strategies but will monitor the market to inform and guide its decisions. The company expects the increased investments in its field organization to result in higher SG&A as a percentage of sales in the fourth quarter of 2021 compared to the third quarter of 2021. In addition, the company expects its increased investments in its growth strategies will increase its SG&A and capital spending in 2022 versus 2021. The company now expects capital expenditures in the range of approximately $19M-$23M in 2021. "We believe the increased investments in our strategies to grow Pro customer sales and open a greater number of new stores each year as well as the investments we are making to attract and retain a talented workforce will fuel our accelerated growth over the next several years beginning in the second half of 2022," said CEO Tyson.
PFE BNTX

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06:21 EDT CDC recommends Pfizer's Covid-19 vaccine for children 5-11 years - CDC Director Rochelle P. Walensky, M.D., M.P.H., on Tuesday night endorsed the CDC Advisory Committee on Immunization Practices' recommendation that children 5 to 11 years old be vaccinated against COVID-19 with the Pfizer (PFE)-BioNTech (BNTX) pediatric vaccine. CDC now expands vaccine recommendations to about 28 million children in the United States in this age group and allows providers to begin vaccinating them as soon as possible, it said in a statement. Walensky said: "Together, with science leading the charge, we have taken another important step forward in our nation's fight against the virus that causes COVID-19. We know millions of parents are eager to get their children vaccinated and with this decision, we now have recommended that about 28 million children receive a COVID-19 vaccine. As a mom, I encourage parents with questions to talk to their pediatrician, school nurse or local pharmacist to learn more about the vaccine and the importance of getting their children vaccinated." Reference Link
EVRI

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06:11 EDT Everi Holdings sees FY21 adjusted EBITDA $342M-$346M - Sees FY21 free cash flow $155M-$160M. Sees FY21 capital expenditures $132M-$134M.
DE

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06:10 EDT John Deere UAW members stay on strike - By a vote of 45% yes to 55% no, UAW John Deere members voted down the agreement this evening, the union said in a statement. The UAW said: "The strike against John Deere and Company will continue as we discuss next steps with the company. Pickets will continue and any updates will be provided through the local union." Reference Link
ATVI

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06:07 EDT Activision Blizzard co-leader Jen Oneal to leave company at end of year - Activision Blizzard said on its earnings call on Tuesday that Blizzard co-leader Jen Oneal is stepping down, leaving Mike Ybarra as sole leader. Oneal will leave the company at the end of the year, the company said.
AMZN

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06:03 EDT Amazon.com launches 'FamilyFlex' benefits program - Amazon announced the launch of Amazon FamilyFlex, a program that provides new and current employees flexibility and expansive benefits for themselves and their families. Amazon FamilyFlex gives employees, which may differ by business and employment type, the resources to create the right balance between home life and work life, including pregnancy and parental leave, adoption assistance, and in select roles, the ability to swap shifts and create custom schedules. The program is a result of feedback from employees on the most effective ways to provide flexibility and support in managing their work and personal lives.
MOTN DCGO

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05:31 EDT Motion Acquisition shareholders approve DocGo business combination - Motion Acquisition (MOTN) and DocGo (DCGO) announced that their previously-announced business combination was approved by Motion's stockholders during an annual meeting in which 99% of the votes cast were voted in favor of the business combination. Holders of shares representing approximately 60% of the shares issued in Motion's initial public offering exercised their redemption rights. The parties will now look to complete the proposed business combination as soon as possible subject to the parties satisfying all other remaining closing conditions.
IRTC

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05:29 EDT iRhythm comments on CMS MPFS Final Rule - iRhythm commented on the Centers for Medicare and Medicaid Services, or CMS, Calendar Year 2022 Medicare Physician Fee Schedule, or MPFS, Final Rule. The Final Rule and accompanying Addenda were released on November 2, along with updated payment policies, payment rates, and other provisions for services furnished under MPFS on or after January 1, 2022. In the Final Rule, CMS did not issue national pricing and continued carrier pricing for calendar year 2022 on Category I CPT codes 93241, 93243, 93245 and 93247 for extended external ECG monitoring, the relevant codes for the company's Zio XT service. iRhythm and other industry participants have been working with Medicare Administrative Contractors, or MACs, to establish pricing for these codes. iRhythm remains engaged with all of the MACs and is working with other industry participants to submit additional cost data on long-term continuous ECG monitoring for consideration to establish fair and appropriate local rates. iRhythm is evaluating the new information included in the Final Rule and its potential implications on discussions with the MACs. iRhythm cannot provide certainty at this time on the potential outcome of the discussions with the MACs or on the timing of any action to be taken."While we are disappointed that national pricing was not included in the 2022 physician fee schedule, we are appreciative that CMS continues to engage with industry and other stakeholders to further their understanding of the cost components of AI-based solutions such as iRhythm's Zio service. We firmly believe that national pricing remains the best option for all stakeholders," said Quentin Blackford, iRhythm President and CEO. "In the meantime, we will continue to work with the MACs to provide information for the Calendar Year 2022 rate setting process and believe the Final Rule is potentially constructive in our conversations with the MACs. We will share updates at the appropriate time."
AES MSFT

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05:26 EDT AES Corp. signs 15-year deal with Microsoft to provide renewable energy - AES Corp. (AES) announced that it has signed a 15-year agreement with Microsoft (MSFT) to support the company in achieving its 100/100/0 by 2030 goal. Microsoft, one of the world's largest purchasers of renewable energy, will use the around-the-clock renewable energy provided through this agreement to power its data centers located in Virginia. The structure of the agreement utilizes both existing renewable projects under a long-term contract to Microsoft, while also adding additional renewable resources in the region. AES will source the energy from a portfolio of 576 MW of contracted renewable assets, including wind, solar, as well as battery energy storage projects in PJM.
RRD

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05:23 EDT Chatham increases offer to acquire R.R. Donnelley to $9.00-$9.50 per share - Chatham Asset Management, a private investment firm which manages funds that beneficially own approximately 14.9% of the outstanding common stock of R.R. Donnelley and which is the largest bondholder of the company, in a letter sent to RRD's board of directors, submitted an enhanced offer to acquire all the common stock of RRD not already owned by Chatham for $9.00-$9.50 per share in cash. The offer is subject to RRD enabling Chatham to conduct appropriate due diligence. The letter said, "On October 12, 2021, Chatham Asset Management, LLC (together with its affiliates, "we" or "Chatham"), the largest stockholder and debtholder of R.R. Donnelley & Sons Company ("RRD" or the "Company"), submitted a non-binding proposal to acquire all of the common stock of RRD not already owned by Chatham at a price equal to $7.50 per share (the "Original Offer"). Our Original Offer not only included a highly confident letter from Jefferies Group LLC supporting our ability to finance the transaction, but also contemplated a plan to equitize and/or subordinate our debt position which would significantly deleverage the Company. Since we submitted our Original Offer, we have expended significant time and resources trying to execute a non-disclosure agreement to begin discussions with the Company regarding our offer. We also have increased our ownership of the Company's outstanding debt, to an aggregate of approximately $654.4 million, as further evidence of our commitment to achieving a successful and value-maximizing transaction. Despite these efforts, the Board refused to engage with us. We now have learned, through a leaked story to the Wall Street Journal, that RRD is prepared to announce a definitive agreement with Atlas Holdings ("Atlas") later this morning, whereby Atlas will acquire RRD's outstanding stock for $8.50 per share. The Board's decision to sign a definitive agreement with Atlas, that may include a substantial break-up fee, without any conversation with us regarding our Original Offer raises major concerns. We question how the Board could have undertaken a credible and fulsome strategic review process without any discussion or evaluation of our offer. While we remain deeply troubled by the Board's conduct to date, we remain committed to acquiring RRD and are prepared to increase our offer to $9.00 to $9.50 per share in cash if we can immediately execute a confidentiality agreement, conduct appropriate due diligence, and commence good faith negotiations with the Company. We urge the Board to fulfill its fiduciary obligations and immediately reengage with us so that RRD stockholders can receive superior value for their shares. Short of that, we must reserve all rights to protect our investment."
JKS

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05:19 EDT JinkoSolar subsidiary to invest RMB 450M for equity in Sichuan Yongxiang Energy - JinkoSolar announced that its principal operating subsidiary, Jinko Solar Co., plans to invest RMB 450M for equity in Sichuan Yongxiang Energy, a subsidiary of Tongwei. The investment will be used for the construction of a high-purity polysilicon production line with an annual capacity of 100,000 tons. After the capital increase is completed, Jinko Solar Co. will hold a 15% stake in the company, the latest update on the strategic partnership between the two parties announced in February. At the same time, Jinko Solar Co. will secure a stable supply of nearly 30,000 tons of high-purity polysilicon every year once the project is fully operational, and will share the pro rata profit allocated by the paid-in capital with the company for the duration of the joint venture.
FUN

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05:17 EDT Cedar Fair reports preliminary October revenue $219M, up 42% vs. 2019 - For the five-week period ended October 31, preliminary net revenues totaled $219M, representing an increase of 42%, or $65M, from the comparable five-week period in 2019. The increase was driven by an 8% increase in attendance to 3.2M total visits; a 32% increase in in-park per capita spending to a record $64.86; and a 33% increase in out-of-park revenues to $19M.
INFY...

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05:11 EDT Infosys to collaborate with Shell on inventory optimizer solution - Infosys (INFY) announced its strategic collaboration with Shell Global Solutions International (RDS.A), as the commercialization partner of the "Shell Inventory Optimizer" solution. Through this collaboration, Shell and Infosys will launch "Shell Inventory Optimizer" as the first product offered to its energy customers. The solution leverages artificial intelligence that enables companies to optimize warehouse inventory levels based on historical consumption.
VLVLY

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05:06 EDT Volvo Autonomous Solutions, Holcim partner to test autonomous electric haulers - Volvo Autonomous Solutions and Holcim Switzerland have partnered to jointly test and further develop the use of autonomous electric haulers in a limestone quarry. The two companies are dedicated to seeking infrastructure and transport solutions that are safe, efficient, innovative and sustainable. Volvo Autonomous Solutions and Holcim Switzerland have entered a collaboration to jointly test and further develop the use of autonomous electric haulers in a limestone quarry. Holcim's quarry Gabenchopf in Siggenthal has been chosen as the site for this project.