Stockwinners Market Radar for December 16, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

CCMP DD

Hot Stocks

19:35 EST CMC Materials wins favorable ITC final determination in DuPont case - CMC Materials (CCMP) announced that the company won a resounding legal victory in its United States International Trade Commission case against DuPont de Nemours (DD) and several DuPont subsidiaries. The ITC issued a Final Determination that found that DuPont is unlawfully importing, selling, and marketing in the United States certain chemical mechanical planarization slurries and components thereof that infringe a patent owned by CMC that is fundamental to advanced dielectric CMP slurries. Based on the Final Determination, the ITC issued an exclusion order and cease and desist orders prohibiting DuPont's importation, marketing, and sale of infringing products and components thereof in the United States. Following a 60-day Presidential review period, U.S. Customs and Border Protection will stop the importation into the United States of at least DuPont's infringing Optiplane 2300 and Optiplane 2600 dielectric CMP slurries and components thereof for a period extending to 2035. The ITC ordered DuPont to post a bond of 100 percent of the entered value of the infringing products imported or sold during the 60-day review period. It also required that any party expecting to "transition away" from the infringing products in the short term to provide a "documented need" for the products under penalty of criminal sanction. "We are extremely pleased the ITC's final determination found infringement by all of DuPont's slurry products in this case," said H. Carol Bernstein, Vice President, Secretary and General Counsel. "The CMC breakthrough patent here is just one example of CMC's continued and ongoing significant investments in R&D and manufacturing in the United States to advance CMP technology and provide cutting edge products to the semiconductor industry. We remain committed to protecting these investments and enforcing our valuable intellectual property, to the benefit of our customers."
CERN ORCL

Hot Stocks

18:54 EST Cerner surges 21% to over $96 after Oracle deal talks report
VRM WMT

Hot Stocks

18:32 EST Vroom names Thomas Shortt as COO, effective January 3, 2022 - Vroom (VRM) announced the appointment of Thomas Shortt as COO, effective January 3, 2022. Since 2018, Shortt has served as Senior Vice President at Walmart, where he developed a comprehensive ecommerce supply chain strategy and led improvements through advanced analytics, processes, and systems. As Chief Operating Officer, which is a new role at Vroom, Shortt will report to CEO Paul Hennessy and lead key supply chain and cross-functional operations, including acquisitions, reconditioning, logistics, sales-support, customer experience and growth operations.
VTOL

Hot Stocks

18:14 EST Bristow, Overair form strategic partnership to introduce Butterfly - Overair announced they signed a Memorandum of Understanding with Bristow Group, a provider of innovative and sustainable vertical flight solutions to government and civil organizations. The two companies plan to collaborate on the development of the Butterfly commercialization plans. Bristow has pre-ordered 20 to 50 Butterfly aircraft and both companies will work together to develop an operations development framework focusing on vehicle design considerations, key performance parameters, FAA certification, flight planning best practices, data sharing for improvement of flight operations, connected vehicle and health monitoring strategies, configuration and maintenance protocols, infrastructure, ground support operations, connected fleet management, and government affairs and promotion of eVTOL operations. "Bristow's decades of vertical lift experience will greatly enhance Butterfly's path to commercialization. Their operating insight, combined with our development and execution of the Butterfly program, will position Butterfly to serve Bristow as a valuable workhorse on high-density routes," said Ben Tigner, Chief Executive Officer of Overair. "We're elated to learn from Bristow's practical expertise and ultimately deliver an aircraft optimized for their use cases."
GILD

Hot Stocks

18:05 EST Gilead's Kite, Daiichi Sankyo to expand YESCARTA collaboration in Japan - Kite, a Gilead Company, and Daiichi Sankyo Company announced that YESCARTA, a chimeric antigen receptor T-cell therapy, will be available to patients with relapsed or refractory large B-cell lymphomas in Japan through the first treatment center now authorized by Daiichi Sankyo. Kite and Daiichi Sankyo will also build on the exclusive licensing deal for commercialization rights for axicabtagene ciloleucel in Japan, formalized in January 2017. Both partners are pleased to agree on a broadening of their business collaboration in Japan.
GILD

Hot Stocks

18:01 EST Kite, Daiichi Sankyo announce first YESCARTA treatment site in Japan - Kite, a Gilead Company, and Daiichi Sankyo Company announced that YESCARTA, a chimeric antigen receptor T-cell therapy, will be available to patients with relapsed or refractory large B-cell lymphomas in Japan through the first treatment center now authorized by Daiichi Sankyo. Kite and Daiichi Sankyo will also build on the exclusive licensing deal for commercialization rights for axicabtagene ciloleucel in Japan, formalized in January 2017. "We are pleased to bring the benefits of axicabtagene ciloleucel to eligible patients in Japan, in collaboration with Daiichi Sankyo," said Warner Biddle, Kite's Global Head of Commercial. "Japan has the second-largest number of people diagnosed with non-Hodgkin lymphoma globally1 and we remain committed to bringing our innovative CAR T-cell therapies to additional new markets."
FDX

Hot Stocks

17:59 EST FedEx says 100M packages picked up during first week of peak - Says expects constrained labor market to subside in second half of fiscal year. Says Q2 delivered second consecutive quarter of 14% revenue growth. Says parcel market will reach 134M pieces a day by 2026. Says uncertainty remains in labor market. Says supply chain constraints are due to semiconductors and conditions in the port. Says air cargo capacity will be constrained for some time. Comments taken from Q2 earnings conference call.
MRK

Hot Stocks

17:21 EST Merck publishes MOVe-OUT trial findings in New England Journal of Medicine - Merck and Ridgeback Biotherapeutics announced the New England Journal of Medicine has published findings from the Phase 3 MOVe-OUT trial evaluating molnupiravir, an investigational oral antiviral medicine, in non-hospitalized high risk adults with mild to moderate COVID-19. Data from MOVe-OUT demonstrated that early treatment with molnupiravir significantly reduced the risk of hospitalization or death in high risk, unvaccinated adults with COVID-19. Merck is developing molnupiravir in collaboration with Ridgeback Biotherapeutics.
LMT

Hot Stocks

17:19 EST Lockheed Martin awarded $286.47M Missile Defense Agency contract modification - Lockheed Martin was awarded a $286.47M modification to a previously awarded Phase II contract under a Foreign Military Sales, or FMS, case to the Kingdom of Saudi Arabia, or KSA. The contract type will be a hybrid firm-fixed-price, cost-plus-incentive-fee, and cost reimbursement contract. Under this modification, the contractor will provide equipment and continued efforts in support of Phase I contract and additional efforts related to ground production, training, spares, spares consolidation, software support, facility support, engineering services, obsolescence, outside the continental U.S. and continental U.S. system integration and check-out, maintenance, urgent software updates, system integration lab and testbed maintenance, field surveillance program and contractor logistics support. This work will be performed in various locations to include primarily Dallas, Texas; and Sunnyvale, California. The performance period is from December 16 through August 31, 2027. KSA FMS funds in the amount of $286.47M will be used to fund this effort. The Missile Defense Agency is the contracting activity.
AGYS

Hot Stocks

17:18 EST Agilysys acquiring resort & hotel management software provider ResortSuite - Agilysys has entered into a definitive agreement to acquire ResortSuite, a Canada-based integrated property management solution provider focused on the multi-amenity and resort market. The transaction is expected to close the beginning of January 2022 for approximately $25M in an all-cash deal subject to customary closing conditions.
BA

Hot Stocks

17:17 EST Boeing awarded $397.92M Air Force contract - Boeing has been awarded a $397.92M firm-fixed-price contract for the Royal Saudi Air Force, or RSAF, Airborne Warning and Control System, or AWACS, Modernization Program, Phase 2. This contract provides for production, training and installation and checkout, in order to keep the RSAF E-3 AWACS fleet interoperable with the U.S. Air Force and functionally viable through its expected end of life in 2040. Work will be performed in Oklahoma City, Oklahoma; and Al Kharj, Kingdom of Saudi Arabia, and is expected to be completed by February 21, 2026. This contract involves 100% Foreign Military Sales, or FMS, to the Kingdom of Saudi Arabia. This award is the result of a sole source acquisition. FMS funds in the amount of $397.92M are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
TTI EOSE

Hot Stocks

17:05 EST Tetra Technologies partners with Eos Energy for zinc battery production - Tetra Technologies (TTI) and Eos Energy (EOSE) have signed a strategic term sheet regarding a long-term supply and collaboration agreement to support the manufacturing of Eos' Znyth aqueous zinc battery. Tetra's U.S. based patented manufacturing process produces high purity zinc-bromide globally. Tetra and Eos will collaborate for improved battery performance, cost and system life including an end-of-life solution. Eos had a backlog in excess of $150M at the end of September 2021 with an opportunity pipeline of $3.7B representing 22 GWh. Eos is projected to expand manufacturing capacity to 800 MWh in 2022. Tetra's recently reported bromine exploration target of between 2.5 million and 8.6 million tons in the Smackover Formation in Arkansas, provides Eos with assurance of having access to key minerals required to expand.
FDX

Hot Stocks

17:04 EST FedEx jumps 6% to $253.66 after Q2 results beat estimates
HCI UIHC

Hot Stocks

17:02 EST HCI Group to acquire insurance business in three states from United Insurance - HCI Group (HCI) has reached an agreement in principle with United Insurance Holdings Corp. (UIHC) to transition all of United's personal lines insurance business in the states of Georgia, North Carolina, and South Carolina to HCI. The business to be transitioned represents approximately $90M of annual premiums. Under the agreement, HCI will provide 85% quota share reinsurance on all of United's in-force, new and renewal policies in Georgia, North Carolina, and South Carolina from December 31 through May 31, 2022. In exchange, HCI will pay United a provisional ceding commission of 25% of premium earned and that percentage could increase up to 32% depending on the direct loss ratio results for the reinsured business. HCI will also pay United a catastrophe allowance equal to 9% of premium earned. As part of the transaction, HCI will pay United a renewal rights ceding commission of 6%, with a portion of the ceding commission paid up-front. In connection with the transaction, United will agree not to compete with HCI for the issuance of personal lines for homeowners business in the three states until July 1, 2025. The transaction is subject to negotiation of definitive agreements and customary closing conditions, including receipt of all applicable regulatory approvals.
CVE

Hot Stocks

16:57 EST Cenovus Energy to sell Tucker thermal asset for $800M - Cenovus Energy has reached an agreement to sell its Tucker thermal asset for total cash proceeds of $800M. Proceeds from this transaction will further accelerate the company's reduction of net debt and enhance its capacity to increase shareholder returns. Including this transaction, the company expects to realize almost $2B of total proceeds from asset sales announced in 2021. Located in northeastern Alberta, Tucker's expected 2022 average production is between 18,000 barrels per day and 21,000 barrels per day. The transaction is expected to close in late January, subject to customary closing conditions. Cenovus's corporate guidance dated December 7, 2021 does not reflect this asset sale. The company plans to update guidance with its fourth quarter results in February 2022.
K

Hot Stocks

16:47 EST Kellogg confirms new tentative agreement with union - Kellogg Company announce that it has reached a recommended tentative agreement for a five-year labor contract with the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union and the four local unions representing 1,400 employees at its U.S. cereal plants in Battle Creek, Mich., Lancaster, Penn., Memphis, Tenn. and Omaha, Neb. Highlights from the agreement include: increasingly leading pay; a path to legacy wages and benefits; improving no cost healthcare; offering attractive retirement benefits; and no takeaways from employees. Kellogg and the union have been engaged in negotiations since Sept. 8 to finalize a master labor contract for its four U.S. Ready to Eat Cereal plants. On Oct. 5, the union decided to strike at all four plants. The union has stated that employees will be voting the tentative agreement by Monday and the company expects to know the results early next week. This is the second tentative agreement between Kellogg and the union.
FOUR

Hot Stocks

16:45 EST Shift4 Payments authorizes up to $100M stock buyback - Shift4 Payments announced that its Board of Directors has authorized the commencement of a stock repurchase program. The stock repurchase program authorizes the company to repurchase up to $100M of the company's Class A common stock, par value $0.0001 and will expire on December 31, 2022, subject to market conditions, contractual restrictions and other factors. Jared Isaacman, Chairman and CEO of Shift4 Payments, Inc., said, "This buyback authorization reinforces the board and management's confidence in the strength of the Company. We believe the current market value of our shares does not accurately reflect the value of the Company. This program represents a responsible way to deploy capital consistent with our disciplined approach. We are committed to creating value for our shareholders by continuing to prioritize capital allocation initiatives that support our growth strategies and maintain flexibility to pursue organic and inorganic market expansion. We believe that this repurchase program will not hinder those efforts based upon the significant amount of cash on our balance sheet and the anticipated free cash flow for the year ahead."
GM

Hot Stocks

16:43 EST General Motors announces Cruise CEO Dan Ammann leaving the company - General Motors announced that Dan Ammann, CEO of Cruise, is leaving the company. Kyle Vogt, Cruise president and Chief Technical Officer, will serve as interim CEO. In addition, Wesley Bush, the former chairman and CEO of Northrop Grumman and a GM board member, will join the Cruise board. Alongside this leadership change, GM said it "will accelerate the strategy the company detailed in its recent Investor Day, in which Cruise will play an integral role in building GM's autonomous vehicle platform as GM aggressively pursues addressable AV markets beyond rideshare and delivery." Reference Link
NAAC

Hot Stocks

16:40 EST North Atlantic Acquisition and Telesign enter into going public combination - North Atlantic Acquisition has entered into a definitive business combination agreement with TeleSign, a provider of digital identity and CPaaS software solutions for global enterprises. Upon closing of the transaction, the company will be named TeleSign, Inc., and shares of TeleSign's common stock are expected to trade on Nasdaq. TeleSign has also secured $107.5M in Private Investment in Public Equity - PIPE - financing from a group of investors. TeleSign is expecting to generate revenues of $391M in 2021 with an expected increase to approximately $1.1B in 2026, The transaction implies a pro forma enterprise value of approximately $1.3B for TeleSign. The transaction is expected to close in 2Q22 subject to SEC review, regulatory and NAAC shareholder approvals and other customary closing conditions. Founded in 2005, TeleSign provides solutions for security, authentication, fraud detection, compliance and reputation scoring through its APIs. As part of the agreement, NAAC has agreed to relocate its country of incorporation to the US - Delaware - , a firm condition which will be fully executed in conjunction with the closing of the transaction. Upon closing, the combined operating entity will be renamed as "TeleSign, Inc." and will continue to be led by Burton as CEO, along with his management team.
FMC

Hot Stocks

16:36 EST FMC Corporation raises quarterly dividend 10% to 53c per share - Payable on January 20, 2022, to shareholders of record as of the close of business on December 31, 2021. This is the fourth consecutive year FMC has increased its dividend. The company remains committed to growing the dividend at or above the rate of earnings growth moving forward.
INGR CTVA

Hot Stocks

16:34 EST Ingredion elects Corteva CEO Charles Magro to board of directors - Ingredion (INGR) announced the election of Charles Magro to its board of directors, effective May 1, 2022. Currently, Magro serves as the CEO and a director of Corteva (CTVA), a publicly traded, global pure-play leader in agriculture with a diverse mix of seed, crop protection and digital solutions.
DOV

Hot Stocks

16:33 EST Dover to acquire Engineered Controls International for $631M in cash - Dover announced that it has completed the acquisition of Acme Cryogenics for $295M in cash, and that it has entered into a definitive agreement to acquire Engineered Controls International for $631M in cash, subject to customary purchase price adjustments. Additionally, the RegO acquisition includes tax step-up benefits with a net present value of approximately $35M. Both businesses will become part of the OPW Global operating unit within Dover's Fueling Solutions segment. The RegO transaction, which is expected to close in the fourth quarter of 2021, is subject to the satisfaction of customary closing conditions, including applicable regulatory approvals. Both transactions are being funded through a combination of cash on hand, proceeds from recent divestitures and commercial paper.
UNVR

Hot Stocks

16:31 EST Univar enters exclusive distribution agreement with Novozymes - Univar announced a new agreement with Novozymes, expanding the partnership between the two companies into the homecare and industrial cleaning market for Brazil, Mexico, Paraguay, Uruguay and Bolivia. The exclusive agreement builds on existing partnerships between the two companies in Latin America, Europe and North America that helps provide customers with enzyme and microbial solutions that improve cleaning product performance.
EKSO

Hot Stocks

16:20 EST Ekso Bionics announces order for two EksoNR devices - Ekso Bionics announced that the Nebraska Chapter of the Fraternal Order of Eagles, or F.O.E., an international nonprofit community organization, has purchased two EksoNR devices on behalf of local Nebraska inpatient rehabilitation facilities. The EksoNR devices will be donated to the Inpatient Rehabilitation Unit at Bryan Medical Center, a 30-bed unit in Lincoln, Nebraska, and Nebraska Methodist Hospital & Rehabilitation Center's 22-bed rehabilitation facility in Omaha, Nebraska.
NX

Hot Stocks

16:18 EST Quanex announces $75M share repurchase program - Quanex's board recently authorized a new $75M share repurchase program. Repurchases under this program will be made in open market transactions or privately negotiated transactions, subject to market conditions, applicable legal requirements, and other relevant factors.
RIVN

Hot Stocks

16:18 EST Rivian Automotive to start construction on Georgia facility in summer 2022 - Rivian said it is partnering with the State of Georgia to plan to begin construction on its second manufacturing facility in the summer of 2022. The facility will be based east of Atlanta in Morgan and Walton Counties and is projected to eventually employ more than 7,500 workers. The company anticipates starting production in this facility in 2024 and expects this manufacturing facility to have the capacity to make up to 400,000 vehicles annually.
CO

Hot Stocks

16:18 EST Global Cord Blood rejects Alternate Ocean proposal - Global Cord Blood's Board of Directors decided to reject the non-binding proposal letter from Alternate Ocean Investment received by the Board dated March 2, pursuant to which Alternate Ocean proposed to acquire all outstanding ordinary shares of the company for $5.00 per ordinary share in cash, based on the recommendation from a special committee of independent directors. The Special Committee and the Board believe such proposal in its original form fails to properly reflect the value of the company and maximize shareholder value.
BMRN

Hot Stocks

16:09 EST BioMarin and Skyline Therapeutics developing gene therapeutics for heart disease - BioMarin and Skyline Therapeutics - formerly Geneception -, a gene and cell therapy company focused on developing novel treatments for unmet medical needs, announced a multi-year global strategic collaboration for the discovery, development and commercialization of Adeno-Associated Virus - AAV - gene therapies to treat genetic cardiovascular diseases. BioMarin and Skyline Therapeutics will collaborate on discovery and research through to an Investigational New Drug Application. Each company will advance the programs through clinical development in their pre-defined territories. Skyline Therapeutics will receive an undisclosed payment associated with signing, comprising an upfront payment and an equity investment from BioMarin, and is eligible to receive pre-specified payments for R&D, regulatory and commercial milestones. BioMarin will have the rights to commercialize therapeutic products resulting from the collaboration in its territories, including the U.S., Europe, and Latin America, and Skyline Therapeutics will be responsible for commercialization in the Asia-Pacific region. In addition, Skyline Therapeutics will be eligible to receive royalty payments on future sales from BioMarin in its territories.
FOX...

Hot Stocks

16:08 EST FOX Television, Nexstar launch NEXTGEN TV in Los Angeles - FOX Television Stations, LLC (FOXA) and Nexstar Media Group, Inc. (NXST), announced that they have launched NEXTGEN TV broadcasting on KTTV-TV, KCOP-TV, and KTLA-TV in Los Angeles, the second largest television market in the United States. NEXTGEN TV is a revolutionary new digital broadcast technology that provides viewers with enhanced video and audio, more news and entertainment choices, and the ability to deploy future interactive applications. Based on the same fundamental technology as the internet, NEXTGEN TV also provides broadcasters with a more interactive and engaging way to deliver their content. FOX 11, My13 and KTLA 5 are the first television stations in Los Angeles to begin broadcasting using the new technology.
EVOP

Hot Stocks

16:07 EST EVO Payments to form merchant acquiring JV with National Bank of Greece - EVO Payments announced that it has entered into a long-term strategic marketing alliance with the National Bank of Greece to provide merchant acquiring and payment processing services. Under the terms of the agreements, EVO and NBG will form a merchant acquiring joint venture. The Bank will spin off its merchant acquiring business into a new entity, and EVO will acquire a 51% interest in the new entity. This transaction includes a marketing alliance whereby NBG will exclusively refer customers to the joint venture, and EVO will manage the joint venture and provide its market leading card acceptance solutions through its proprietary products and processing platforms. EVO has agreed to pay EUR158M, or approximately $180M, for its ownership interest in the joint venture. Founded in 1841, NBG is the largest bank in Greece by total assets, supporting over 5M active customers and nearly 360 retail branches throughout the country. NBG is the largest card issuer with 33% market share and is the second largest merchant acquirer in Greece with 22% market share and approximately 165,000 merchants generating over $11 billion in annual volume. Today, Greece has a population of approximately 11 million people. Greece's card penetration is currently 28%, and domestic payment volumes have been growing 20% since 2016 and now total over $40B. This transaction expands EVO's presence in Europe and positions EVO to capitalize on these strong digital payments and card adoption trends as it leverages its suite of multi-channel products and services to expand market share. The transaction is expected to close in 2022, subject to customary regulatory approvals and closing conditions. The joint venture's financial performance is expected to be accretive to the mid-teen revenue growth rate of EVO's Europe segment.
LYEL

Hot Stocks

16:07 EST Lyell Immunopharma announces FDA clearance for LYL797 IND application - Lyell Immunopharma announced that the FDA has cleared its investigational new drug, or IND, application to initiate a Phase 1 clinical trial for LYL797, Lyell's first therapeutic candidate incorporating T-cell reprogramming technologies for the treatment of solid tumors. LYL797 is an investigational chimeric antigen receptor, or CAR, T-cell therapy for patients with receptor tyrosine kinase-like orphan receptor 1-positive, or ROR1+, solid tumors. LYL797 incorporates two Lyell technologies designed to address major barriers to successful Adoptive Cell Therapy, or ACT: Gen-R, a genetic reprogramming technology that endows T cells with the ability to resist exhaustion, and Epi-R, an epigenetic reprogramming technology that creates populations of T cells with the properties of durable stemness. Durable stemness is the quality that enables T cells to self-renew, proliferate and persist, and create daughter cells with anti-tumor functionality. Lyell expects to begin screening patients with relapsed/refractory triple-negative breast cancer, or TNBC, who have failed at least two lines of therapy by the end of the first quarter for the Phase 1 dose escalation phase of the trial and plans to expand the trial to include patients with non-small cell lung cancer, or NSCLC, when a recommended dose is determined.
ALVR

Hot Stocks

16:06 EST AlloVir announces departure of CMO Augustin Melian - AlloVir announced that Augustin Melian, MD, Chief Medical Officer, has decided to leave the company at the end of this year. Although officially leaving the company, Dr. Melian has agreed to work with AlloVir in an advisory capacity to ensure a smooth transition. Dr. Melian joined AlloVir in March 2019 and under his leadership, the company has advanced its lead product posoleucel into Phase 3 clinical development and shaped the clinical development programs for its investigational therapies targeting respiratory viruses. "Over the last two and half years, Tino has been instrumental in expanding and advancing our pipeline of virus-specific T cells. I'm very grateful for his contributions, which have helped establish AlloVir as a leader in this field and position us well for our next stage of growth," said Diana Brainard, MD, Chief Executive Officer, AlloVir.
ANDE

Hot Stocks

16:05 EST Andersons raises quarterly dividend to 18c per share - Payable on January 21, 2022, to shareholders of record as of January 3, 2022.
NAVB

Hot Stocks

16:05 EST Navidea announces launch of Phase 3 trial of NAV3-33 - Navidea Biopharmaceuticals announced the launch of the NAV3-33 Phase 3 clinical trial titled "Evaluation of Tc99m Tilmanocept Imaging for the Early Prediction of Anti-TNFalpha Therapy Response in Patients with Moderate to Severe Active Rheumatoid Arthritis." This Phase 3 trial will establish the ability of Tc99m tilmanocept imaging to serve as an early predictor of treatment response in rheumatoid arthritis patients switching to an anti-TNFalpha therapy.
FDX

Hot Stocks

16:03 EST FedEx board authorizes new $5B share buyback program - The FedEx Corp. Board of Directors has authorized a new $5 billion share repurchase program. The new program is in addition to the share repurchase program announced in 2016 authorizing the repurchase of up to 25 million shares, of which 2.3 million shares remain available for repurchase. As part of the share repurchase programs, the company intends to enter into a $1.5 billion accelerated share repurchase program. Approximately 80% of the shares to be repurchased under the ASR will be received by FedEx at the ASR agreement's inception. The final number of shares to be repurchased under the ASR will be based on a discount to the average of the daily volume-weighted average stock prices for Rule 10b-18 eligible transactions in FedEx's common stock during the term of the ASR. Purchases under the ASR are expected to be completed prior to the end of FedEx's current fiscal year. FedEx may continue to repurchase shares in the open market from time to time subject to market and other conditions. The company has repurchased approximately $750 million of FedEx common stock fiscal year-to-date, and ended the quarter with $6.8 billion in cash.
TSHA

Hot Stocks

16:01 EST Taysha Gene Therapies initiates clinical development of TSHA-118 - Taysha Gene Therapies announced the initiation of clinical development of TSHA-118 for the treatment of CLN1 disease under a recently approved Clinical Trial Application. Queen's University in Ontario, Canada has been selected as the initial clinical site under the direction of Dr. Jagdeep Wahlia. There is also an open investigational new drug application in the United States for TSHA-118 in CLN1 disease. "CLN1 disease is caused by mutations in the CLN1 gene, which encodes the soluble lysosomal enzyme palmitoyl-protein thioesterase-1, or PPT1," said Suyash Prasad, MBBS, M.SC., MRCP, MRCPCH, FFPM, Chief Medical Officer and Head of Research and Development of Taysha. "Introduction of a functional CLN1 gene with TSHA-118 treatment offers a potentially effective therapeutic approach that addresses the root cause of the disease. In preclinical models of CLN1, TSHA-118 significantly extended survival and improved behavior. We are highly encouraged by the therapeutic potential of TSHA-118 and expect PPT1 activity of 5% or greater to normalize survival and significantly improve clinical phenotype based on natural history data."
TSHA

Hot Stocks

16:01 EST Taysha Gene Therapies initiates clinical development of TSHA-118 - Taysha Gene Therapies announced the initiation of clinical development of TSHA-118 for the treatment of CLN1 disease under a recently approved Clinical Trial Application. Queen's University in Ontario, Canada has been selected as the initial clinical site under the direction of Dr. Jagdeep Wahlia. There is also an open investigational new drug application in the United States for TSHA-118 in CLN1 disease. "CLN1 disease is caused by mutations in the CLN1 gene, which encodes the soluble lysosomal enzyme palmitoyl-protein thioesterase-1, or PPT1," said Suyash Prasad, MBBS, M.SC., MRCP, MRCPCH, FFPM, Chief Medical Officer and Head of Research and Development of Taysha. "Introduction of a functional CLN1 gene with TSHA-118 treatment offers a potentially effective therapeutic approach that addresses the root cause of the disease. In preclinical models of CLN1, TSHA-118 significantly extended survival and improved behavior. We are highly encouraged by the therapeutic potential of TSHA-118 and expect PPT1 activity of 5% or greater to normalize survival and significantly improve clinical phenotype based on natural history data."
MRNA...

Hot Stocks

15:43 EST CDC panel votes to recommend MRNA COVID vaccines over J&J shot - A CDC advisory committee voted 15 "Yes" to zero "No" on whether to say mRNA COVID-19 vaccines from Moderna (MRNA) and Pfizer (PFE)-BioNTech (BNTX) are preferred over Johnson & Johnson's (JNJ) vaccine for everyone 18 years old and older, according to multiple media reports on the proceedings.
BYD...

Hot Stocks

15:13 EST New Jersey reports November gaming revenue up 52.2% to $439.6M - Based upon filings with the Division of Gaming Enforcement, Total gaming revenue reported by casinos, racetracks, and their partners for November was $439.6M compared to $288.9M in November 2020, reflecting a 52.2% increase. Casino win for November was $206.9M compared to $146.6M in November 2020. Internet gaming win as reported by casinos and their partners was $118M in November compared to $91.8M in the prior period, reflecting an increase of 28.5%. Sports wagering gross revenue as reported by casinos, racetracks, and their partners was $114.8M for the month. For the year-to-date period, the industry's total gaming revenue reported by casinos, racetracks, and their partners was $4.33B compared to $2.57B, reflecting an increase of 68.7%. Internet gaming win as reported by casinos and their partners increased 41.7% to $1.23B when compared to the prior period. Sports wagering gross revenue as reported by casinos, racetracks, and their partners was $756.7M. Casino win for the period was $2.34B. For the month of November, total gaming taxes were $46.5M. Total gaming taxes reflect 8% of taxable casino gross revenue, 15% of internet gaming gross revenue, 8.5% tax on casino and racetrack sports wagering gross revenue and 13% tax on casino and racetrack sports wagering Internet gross revenue. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN). Reference Link
AL...

Hot Stocks

15:10 EST Air Lease signs comprehensive restructuring agreements with Vietnam Airlines - Air Lease (AL) has signed comprehensive restructuring agreements with Vietnam Airlines covering the leasing of 18 aircraft, including 12 Airbus (EADSY) A321neo and six Boeing (BA) 787-10 aircraft. These agreements extend terms and revise lease economics closely tailored to the recovering economies and air travel in Vietnam and Southeast Asia.
MVRS FB

Hot Stocks

15:10 EST Meta says it took action against seven surveillance-for-hire entities - Meta (MVRS), the new name for Facebook (FB) said it is taking action against the surveillance-for-hire industry. As a result of a months-long investigation, Meta said it took action against seven different surveillance-for-hire entities. They provided services across all three phases of the surveillance chain to indiscriminately target people in over 100 countries on behalf of their clients. These providers are based in China, Israel, India, and North Macedonia. "The "surveillance-for-hire" entities we removed violated multiple Community Standards and Terms of Service," the company said. "Given the severity of their violations, we have banned them from our services. To help disrupt these activities, we blocked related internet infrastructure and issued Cease and Desist letters, putting them on notice that their targeting of people has no place on our platform. We also shared our findings with security researchers, other platforms, and policymakers so they can take appropriate action. We alerted around 50,000 people who we believe were targeted by these malicious activities worldwide, using the system we launched in 2015. We recently updated it to provide people with more granular details about the nature of targeting we detect, in line with the surveillance chain phases framework we shared above." Reference Link
APTI MSFT

Hot Stocks

15:02 EST Apptio announces collaboration with Microsoft - Apptio (APTI) announced a collaboration with Microsoft (MSFT) to deploy Apptio's financial decisioning platform on the Microsoft Cloud to help enterprises migrate and optimize workloads. The initial go-to-market will focus on providing Microsoft Azure customers with Apptio Cloudability, a cost management and optimization solution for public cloud environments. This includes Apptio's intelligent discovery, utilization and cost management software for enterprise SaaS applications. Apptio's solutions will utilize Microsoft Azure and Microsoft 365 to deliver unparalleled visibility and decisioning to cloud customers. Apptio will be available via Microsoft Azure marketplace. Both companies will collaborate in joint marketing and selling efforts. "Microsoft offers cloud services for enterprises from Office 365 to Azure to Dynamics and is one of the most strategic partners for CIOs, CFOs and CDOs. We are excited to partner with Microsoft and further deeply integrate Apptio's business management applications for technology leaders to help customers manage, plan, and optimize their technology investments and accelerate customers' journey to Microsoft Cloud platforms," said Sunny Gupta CEO, Apptio.
CMTL

Hot Stocks

14:57 EST Comtech, Outerbridge agree to unified slate of directors - Comtech Telecommunications announced that it and Outerbridge Capital Management have entered into a cooperation agreement with respect to the company's Board of Directors, under which both parties support a unified slate of directors and Outerbridge withdraws its nomination notice. Pursuant to the agreement, Outerbridge will support the nomination of Judy Chambers and Larry Waldman to the Board. The Comtech Board of Directors will appoint Wendi Carpenter to the Board effective with the appointments of Michael Porcelain and Mark Quinlan to the Board no later than January 3, 2022, each with terms expiring at the company's 2022 Annual Meeting of Stockholders. The Board will appoint an additional independent director mutually acceptable to both the company and Outerbridge. The December 17, 2021 Annual Meeting will be convened and adjourned to a later date, which will be announced at the Annual Meeting but that is expected to occur before December 31, 2021. In addition to withdrawing its nomination notice, Outerbridge commits to customary standstill restrictions and voting commitments expiring after Comtech's fiscal 2022 Annual Meeting. As a result of this agreement and the upcoming appointments of Messrs. Porcelain and Quinlan, Comtech's Board of Directors will consist of nine directors, including six independent directors appointed within the past two years. Carpenter would become the third female member of the Board, joining Lisa Lesavoy and Chambers.
CPLP

Hot Stocks

14:55 EST Capital Product Partners announces delivery of M/V 'Adonis' to new owners - Capital Product Partners L.P. announced that the M/V "Adonis" containership was delivered to its new owners on December 13, generating gross proceeds from the sale of approximately $49.3M after repaying outstanding debt. In addition, the Partnership took delivery of the "Aristidis I" X-DF LNG carrier, the last vessel of the six LNGCs acquisition program previously announced. The acquisition was financed with $82M cash at hand and the assumption of $123M of debt. Jerry Kalogiratos, CEO of the General Partner, commented: "We are very pleased to have completed this substantial investment, amounting to more than $1.2 billion, in six latest generation LNGCs with long term employment in place. We believe that this transaction is highly transformative for the Partnership across all metrics and positions us firmly in the LNG market. The LNG market is supported by positive long-term fundamentals, as both natural gas and LNG are expected to play a key role in the energy transition to net zero and as such, we are excited to be growing in this segment at an opportune moment."
EXC

Hot Stocks

14:36 EST Exelon says New York State Public Service Commission approves separation - Exelon announced that the New York State Public Service Commission has approved a unanimous settlement agreement that allows Exelon to move forward with its plan to separate into two companies in the first quarter of 2022. In approving the settlement, the Commission authorized the transfer of Exelon's New York nuclear facilities to the new Constellation company, which will occur at separation. "With this final regulatory approval completed, Exelon remains on track to separate its transmission and distribution utility business, Exelon, a leader in energy delivery serving more than 10 million customers, and its competitive retail energy and generation business, Constellation, the nation's largest provider of clean energy," the company said. Chris Crane, president and CEO of Exelon, added: "This final regulatory approval is an important milestone on our path to separating into two world-class energy companies. As independent companies, the new Exelon and Constellation will have the strategic flexibility and financial strength to best serve their customers and invest in a clean-energy future. We continue to plan for the transition and look forward to completing the transaction in the first quarter of 2022."
STC

Hot Stocks

14:34 EST Stewart announces acquisition of Devon Title Agency - Stewart Information Services announced the acquisition of Devon Title Agency. "Devon is one of the largest title agencies in Michigan, with more than 30 years of providing superior title services to customers across the state. The transaction highlights Stewart's continued emphasis on investing in key markets across the country on its path to becoming the Premier Title Services Company," Stewart stated.
SPOT

Hot Stocks

14:14 EST Spotify acquires Australia-based podcast technology platform Whooshkaa - Spotify said in a post to its corporate blog: "Over the last two years, Spotify has been focused on modernizing digital audio advertising to drive growth for creators and publishers while delivering impact for advertisers. In November 2020, we acquired Megaphone, which enabled us to offer podcast publishers innovative tools to help them earn more from their content... We're committed to continuing to help publishers worldwide grow their podcast businesses. That's why today we're announcing our acquisition of Whooshkaa, an Australia-based podcast technology platform that gives independent creators, publishers, broadcasters, and brands a cost effective, end-to-end platform to host, distribute, monetize, and track on-demand audio. Whooshkaa offers radio broadcasters a specialized tool that makes it simple to turn their existing audio content into on-demand podcast content. As part of the acquisition, we plan to soon integrate this technology into the Megaphone suite." Reference Link
AGFY

Hot Stocks

14:07 EST Bonitas Research short Agrify, says company created 'artificial demand' - In a recently published report, Bonitas Research said it is Short Agrify. "We believe that Agrify created artificial demand for its product by financing undisclosed Company insiders to act as independent customers. After its January 2021 IPO, Agrify's shares soared amongst a wave of sales announcements to alleged independent third party licensed commercial growers via new total turnkey partnerships ("TTK Partnerships"). We found two major issues with Agrify's TTK Partnerships. First, we found the majority of Agrify's TTK Partnerships are either with undisclosed Company insiders or with unlicensed unproven operators. Second, the TTK Partnerships use Agrify's balance sheet to finance the construction of the customer's facility, equipment sales and installations, which suggests to us that Agrify's recorded revenues are artificially inflated by loan balances from Agrify to TTK Partnership customers... We suspect Agrify's actual revenues are significantly less than what is reported to investors which is why we are short Agrify and think that its stock is going lower," the report reads. In Thursday afternoon trading, shares of Agrify have dropped over 25% to $9.42. Reference Link
ACHC

Hot Stocks

14:02 EST Acadia Healthcare forms joint venture with Fairview Health Services - Acadia Healthcare Company announced that it has formed a joint venture with Fairview Health Services, a Minnesota health system. Fairview and Acadia plan to design and construct a new inpatient mental health and addiction facility. The new hospital will operate 144 inpatient mental health beds.
MSI

Hot Stocks

13:30 EST Motorola Solutions announces acquisition of 911 Datamaster - Motorola Solutions announced it has acquired 911 Datamaster, a "Next Generation 9-1-1 data solutions provider." Mahesh Saptharishi, executive vice president and chief technology officer at Motorola Solutions, said, "With 911 Datamaster's technology, we continue to enhance our integrated command center software suite that is trusted by agencies across North America to manage their operations with greater efficiency, accuracy and safety." Terms of the transaction were not disclosed.
FWP

Hot Stocks

13:27 EST Forward Pharma trading resumes
TGI BA

Hot Stocks

13:24 EST Triumph Group awarded production supply agreement with Boeing Commercial - Triumph Group [TGI) announced that it has been awarded a production contract extension with Boeing Commercial Airplanes to continue the manufacture and delivery of hydraulic and actuation equipment for Boeing (BA) 737 MAX, 777, 777X, and 767 airplanes. The contract extension includes key equipment and components used in the landing gear actuation, nose wheel steering, engine cowl door opening, brake, hydraulic and slat control systems. This work will be performed at Triumph's Actuation Products & Services facilities in Clemmons, North Carolina, and Yakima, Washington.
FWP

Hot Stocks

13:22 EST Forward Pharma trading halted, volatility trading pause
WASH

Hot Stocks

13:18 EST Washington Trust increases quarterly dividend to 54c from 52c per share - The board of directors of Washington Trust Bancorp declared a quarterly dividend of 54c per share for the quarter ending December 31. This represents a two cent per share increase over the most recent quarterly dividend rate and the eleventh consecutive year with a dividend increase, the company noted. The dividend will be paid January 7, 2022 to shareholders of record on January 3, 2022.
MORN

Hot Stocks

13:02 EST Morningstar reports U.S. mutual fund, ETF fund flows for November - Morningstar reported estimated U.S. mutual fund and exchange-traded fund flows for November 2021. Long-term mutual funds and ETFs collected $81B in November 2021, in line with October's $84B intake. Passively managed strategies' $83B intake represented nearly all of November's inflows while active strategies had outflows of $2B. Highlights from the report include: ETFs, the vast majority of which are passively managed, had a $78B intake, while open-end funds had approximately $3B of inflows. Taxable-bond funds' $26B inflow led all category groups, though their pace of inflows has slowed since earlier in the year. Inflation-protected bond funds extended their record year with $8.3B of inflows in November. U.S. equity funds had $19.5B of inflows in November driven by demand for passively managed offerings. After a strong start to the year, international equity funds' intake was less than U.S. equity funds' for the second consecutive month. Their $16B inflow in November was similarly driven by flows into passive funds. Alternative funds have collected at least $2B in every month in 2021, led by the options-trading category's $12.6B year-to-date inflow.
ATVI

Hot Stocks

12:48 EST Activision Blizzard plans to hire, put in place more DE&I leaders - Activision Blizzard President and Chief Operating Officer Daniel Alegre today sent the following letter to employees showing the company's current data on global gender and US diverse representation, along with its commitments to continually improve these numbers over the next several years: "One of the key areas of feedback has been the need to share more information openly as a company. I recognize that without being more transparent on important data it can make it harder to keep us accountable for progress where needed. That is not my intent, and this will change. As part of our resolve for greater transparency, we are sharing, for the first time, our current data on gender and diverse representation at ABK. As you will see by viewing the full data set, we are not sugar-coating the data or cherry-picking only those points where we excel. You can review the data sorted by full company, Corporate, Activision Publishing, Blizzard, and King here. We will share demographic updates on our progress quarterly and discuss with candor what we are learning and how we are responding. BU leaders are, or will be, sharing context with their respective teams, but here are two results from the full company data that stand out for me: Our employees who self-identify as women globally make up 24% of our overall workforce. That is identical to our peer gaming companies that publicly disclose this data. Within our business units, however, these numbers vary widely - with some exceeding this industry comparison and others behind. Importantly, women represented 29% of ABK hires and 26% of ABK attrition in 2021; In the U.S., 36% of employees identify as a member of an underrepresented ethnic group (UEG). This lags behind the data available from our peers (showing 40% representation). While representation company-wide is similar to our peer gaming companies in the United States, this is wholly inadequate in my mind. We will do better. We have a lot of work to do as we build an organization where diversity is as much a core value as innovation. A few weeks ago, we committed to increasing women and non-binary representation at ABK by 50% to account for more than one-third of our Company within the next five years. Leadership across the Company, myself included, is accountable to make this happen. Candid, engaged, and respectful dialogue between diverse, welcoming and passionate employees is crucial to these important ambitions. Your input and participation in this process is invaluable. As we begin 2022, we will focus on several key areas: Hire or put in place additional DE&I leaders at the ABK and division levels; Tie yearly diversity goals to respective ABK and division Executive Leadership performance goals; Invest in learning and development curriculum that fosters a culture of inclusion; Stand up manager and executive mentorship and sponsorship programs aimed at unlocking upward mobility for UEGs and women; Continue evolving our talent and recruiting system, including launching ABK Academy. Each business unit will also have their own specific initiatives that I will support or adopt globally where appropriate. As stewards of this company, we have an opportunity and a responsibility to dramatically reshape our workforce so it reflects and expands our diverse global player base and unlocks new ideas and approaches that keep us at the leading edge of interactive entertainment. This is but one of the transparent reports you will see from us, and we will be sharing greater details on pay equity and a progress update on compliance."
AAPL

Hot Stocks

12:38 EST Apple says Swift Playgrounds 4 now available - Apple said that Swift Playground 4, the latest version of its iPhone and iPad app development software, is now available. "Swift Playgrounds is the best and easiest way to learn how to code," the company said. "And with Swift Playgrounds 4, you have the tools to build iPhone and iPad apps right on iPad and submit them directly to App Store Connect, providing a new way for you to easily create apps and share them with the world. Code is immediately reflected in the live preview as you build apps, and you can run your apps full screen to test them out. A new open project format based on Swift packages can be opened and edited in Swift Playgrounds for iPad, as well as within Xcode on Mac, offering you even more versatility to develop apps across iPad and Mac."
AVGO SWKS

Hot Stocks

12:30 EST Skyworks drops 10% following Bloomberg report, Broadcom down 3%
AAPL...

Hot Stocks

12:28 EST Broadcom, Skyworks fall after Bloomberg says Apple hiring to in-house chips
WRAP

Hot Stocks

12:24 EST Wrap Technologies: AMRRP votes to approve funding to procure BolaWrap devices - Wrap Technologies announced that the Arizona Municipal Risk Retention Pool Board of Trustees has voted unanimously to approve funding to assist its member police agencies statewide in procuring BolaWrap devices for active-duty police officers. The AMRRP represents over 60 rural agencies with more than 1,800 police officers, the company said in a statement. As a result of the vote, AMRRP will fund 50% of the purchase price of the BolaWrap and the associated accessories, to help equip police officers that work for its member agencies. WRAP President & CEO, Tom Smith said, "The unified vote of the Board of the AMRRP shows that Arizona community leaders are dedicated to the same mission we are: provide law enforcement with innovative solutions to complicated issues. We're finding more and more that our communities are calling for alternative policing methods like our BolaWrap family of products and improved officer training aimed at reducing force, a key training goal of our immersive training platform, Wrap Reality."
AFLYY EADSY

Hot Stocks

12:22 EST Air France-KLM orders 100 Airbus A320neo family aircraft - Air France-KLM (AFLYY) said it ordered 100 Airbus A320neo family aircraft, with purchase rights for an additional 60 aircraft, for KLM and Transavia, and signed a letter of intent for the purchase of four Airbus A350F Full Freighter aircraft for Air France. The first deliveries are expected in the second half of 2023. Reference Link
NVAX

Hot Stocks

12:20 EST Novavax says full results from PREVENT-19 COVID vaccine trial published in NEJM - Yesterday, Novavax noted that the full results from PREVENT-19, Novavax' pivotal Phase 3 clinical trial of NVX-CoV2373, a recombinant protein nanoparticle vaccine against COVID-19, were published in the New England Journal of Medicine. "PREVENT-19 achieved its endpoint of efficacy in preventing polymerase chain reaction-confirmed, symptomatic mild, moderate or severe COVID-19 with onset at least 7 days after the second dose. The trial demonstrated 100% protection against moderate and severe disease, 93.2% efficacy against the predominantly circulating variants of concern and variants of interest, and 90.4% efficacy against COVID-19 of any severity during the time period evaluated. Solicited adverse events were predominantly mild-to-moderate and transient. Severe reactions were infrequent and there were no safety concerns related to vaccination. PREVENT-19 evaluated the efficacy, safety and immunogenicity of NVX-CoV2373 with Matrix-M adjuvant in nearly 30,000 participants 18 years of age and older at 119 locations in the United States and Mexico. The trial included a blinded 'crossover,' ensuring all participants received NVX-CoV2373 without compromising Food and Drug Administration-required safety follow-up. Novavax expects to submit its complete CMC package to FDA for review by the end of 2021," the company stated. Reference Link
OUT

Hot Stocks

12:11 EST Outfront Media acquires out of home assets in Grand Rapids - Outfront Media announced it has acquired 29 Digital and 87 Static faces from Grand Rapids Outdoor, 90% of which are in the Grand Rapids metropolitan area with the balance in Detroit. "These new assets expand Outfront's portfolio within the Grand Rapids area - making the OOH company's inventory invaluable for advertisers looking to target consumers in the market," the company stated. Jeremy Male, CEO of Outfront, added: "This acquisition adds to our presence in Grand Rapids, complementing and extending our coverage across Michigan's second largest market. We are excited to have the ability to offer our clients more access to the growing audience in Grand Rapids - especially with a multitude of digital displays in high profile areas."
MSC

Hot Stocks

12:02 EST Studio City International Holdings Limited (Class A ADS) trading resumes
DNMR

Hot Stocks

12:00 EST Danimer Scientific falls -15.1% - Danimer Scientific is down -15.1%, or -$1.59 to $8.99.
BKKT

Hot Stocks

12:00 EST Bakkt falls -28.1% - Bakkt is down -28.1%, or -$3.86 to $9.90.
IRNT

Hot Stocks

12:00 EST IronNet falls -29.0% - IronNet is down -29.0%, or -$1.98 to $4.83.
CIAN

Hot Stocks

12:00 EST Cian rises 9.9% - Cian is up 9.9%, or $1.20 to $13.31.
DOMA

Hot Stocks

12:00 EST Doma Holdings rises 12.0% - Doma Holdings is up 12.0%, or 59c to $5.52.
MTL

Hot Stocks

12:00 EST Mechel rises 16.9% - Mechel is up 16.9%, or 45c to $3.11.
MSC

Hot Stocks

11:57 EST Studio City International Holdings Limited (Class A ADS) trading halted, volatility trading pause
WMG

Hot Stocks

11:49 EST Warner Music acquires 300 Entertainment, terms not disclosed - Warner Music Group announced the acquisition of 300 Entertainment, 300's artists include top-charting, multi-platinum stars such as Megan Thee Stallion, Young Thug and his label Young Stoner Life, Gunna, Fetty Wap, Highly Suspect, the newly signed Mary J. Blige, and many others. Since its launch nearly a decade ago, 300 has been distributed by Atlantic Records, and the acquisition represents the expansion of an already successful partnership. At the same time, 300 Co-Founder and CEO Kevin Liles will be appointed Chairman & CEO across 300 and Elektra Music Group. Elektra Music Group, which encompasses Fueled By Ramen, Roadrunner Records, Low Country Sound, DTA Records, and Public Consumption, will continue to be headed by Co-Presidents Mike Easterlin and Gregg Nadel, who will report to Liles. 300 will retain its independent identity, and the entirety of its team will continue to occupy separate headquarters in New York.
LEN LEN.B

Hot Stocks

11:42 EST Lennar sees Q1 gross margin 26.75%
PYPL AFRM

Hot Stocks

11:40 EST CFPB confirms inquiry into 'Buy Now, Pay Later' credit - The Consumer Financial Protection Bureau issued a series of orders to five companies offering "buy now, pay later" credit. The orders to collect information on the risks and benefits of these fast-growing loans went to Affirm (AFRM), Afterpay, Klarna, PayPal (PYPL), and Zip. The CFPB is concerned about accumulating debt, regulatory arbitrage, and data harvesting in a consumer credit market already quickly changing with technology, it said in a statement. "Buy now, pay later is the new version of the old layaway plan, but with modern, faster twists where the consumer gets the product immediately but gets the debt immediately too," said CFPB Director Rohit Chopra. "We have ordered Affirm, Afterpay, Klarna, PayPal, and Zip to submit information so that we can report to the public about industry practices and risks." Reference Link
PRTK ZLAB

Hot Stocks

11:39 EST China's NMPA approves NUZYRA for bacterial pneumonia, skin infectiona - Paratek Pharmaceuticals (PRTK) announced that the company's partner in China, Zai Lab Limited (ZLAB), received approval from the National Medical Products Administration of China of NUZYRA for the treatment of community-acquired bacterial pneumonia and acute bacterial skin and skin structure infections. Paratek commercially launched NUZYRA in the United States in February 2019. Paratek granted Zai Lab an exclusive license to develop, manufacture and commercialize NUZYRA in the greater China territory, specifically the People's Republic of China, Hong Kong, Macau and Taiwan markets. Paratek retains all remaining global rights. Pursuant to the terms of the license agreement, Paratek earned a $6M milestone payment upon NMPA approval. All milestone payments under the Zai Lab License and Collaboration Agreement are retained by Paratek and excluded from the company's loan facility with R-Bridge Healthcare Investment Advisory.
AMRC

Hot Stocks

11:32 EST Ameresco partners with Merthyr Tydfil Council for energy conservation project - Ameresco announced its partnership with Merthyr Tydfil Council on a GBP 1.09 million energy conservation project. Ameresco's partnership with Merthyr Tydfil Council expands the renewable energy company's presence in the United Kingdom. Known as the former "Iron Capital of the World," Merthyr Tydfil is in the process of transforming itself into a modern commercial hub and smart city. With the help of Ameresco, the city council will look to provide solutions across the council's 31 sites, including upgrades to the town's aging infrastructure, optimizing the lifespan of the existing equipment, installing nine solar pv systems and 30 LED lighting upgrades, and implementing smart heating and hot water systems. Implemented upgrades will reduce Merthyr Tydfil's energy costs, cut carbon emissions and improve the internal environment of buildings for town residents. Once completed, the project is estimated to save the city GBP 136,000 per year and reduce carbon emissions from buildings by 251 tonnes per year. Throughout the survey process, Ameresco adhered to Covid-19 safety protocols to ensure the safety of Merthyr Tydfil Council staff.
LEN LEN.B

Hot Stocks

11:24 EST Lennar sees supply chain disruption continuing into Q1 and beyond
LEN LEN.B

Hot Stocks

11:19 EST Lennar sees having name, management team for spinco by January-February
LEN

Hot Stocks

11:18 EST Lennar: Case for spinco 'becoming more compelling' - Expects to complete a tax-free spin by the second or third quarter of 2022, Lennar said.
PFE

Hot Stocks

11:18 EST EMA says Pfizer's Paxlovid could be used for adults with COVID - The European Medicines Agency's human medicines committee issued advice on the use of Pfizer's Paxlovid for the treatment of COVID-19. The medicine, which is not yet authorized in the European Union, can be used to treat adults with COVID-19 who do not require supplemental oxygen and who are at increased risk of progressing to severe disease, the agency said. Paxlovid should be administered as soon as possible after diagnosis of COVID-19 and within five days of the start of symptoms, it added. Reference Link
LEN LEN.B

Hot Stocks

11:12 EST Lennar: New home construction cannot ramp quickly enough to fill demand
LEN LEN.B

Hot Stocks

11:11 EST Lennar: Short supply 'likely to remain for some time to come'
LEN LEN.B

Hot Stocks

11:11 EST Lennar sees supply chain disruption stabilized into 2H22
LEN LEN.B

Hot Stocks

11:10 EST Lennar: Housing market remains very strong in major markets - Comments taken from Q4 earnings conference call.
ANEB

Hot Stocks

11:06 EST Anebulo Pharmaceuticals Inc trading resumes
ANEB

Hot Stocks

11:01 EST Anebulo Pharmaceuticals Inc trading halted, volatility trading pause
ADGI

Hot Stocks

10:58 EST Adagio Therapeutics Inc trading resumes
JNJ...

Hot Stocks

10:56 EST EMA approves increase in manufacturing capacity for COVID-19 vaccines - European Medicines Agency's human medicines committee, or CHMP, has approved an additional manufacturing site for the production of COVID-19 vaccine Janssen (JNJ), developed by Janssen-Cilag International NV. The site, located in Marcy-l'Etoile, France, and operated by Sanofi Pasteur, will manufacture finished product. The site is expected to support the continued supply of COVID-19 Vaccine Janssen. The CHMP has also given a positive opinion for an increase in production of Spikevax, the COVID-19 vaccine from Moderna (MRNA), at the manufacturing site operated by ROVI Contract Manufacturing, located in Madrid, Spain.The increase in production includes a 50% scale-up of the batch size of the finished product and a second fill-and-finish line. These changes will allow the production of around 25 million additional doses of Spikevax every month to the European Union and to third countries through the COVID-19 Vaccines Global Access, or COVAX, initiative. An increase in production of the active substance of Comirnaty, the COVID-19 vaccine from BioNTech (BNTX)/Pfizer (PFE), at the manufacturing site operated by Wyeth BioPharma Division of Wyeth Pharmaceuticals, located in Andover, MA, USA, was also approved by the Committee. This increase in production capacity is expected to support the continued supply of Comirnaty in the European Union. These recommendations do not require a European Commission decision and the changes can become operational immediately. Reference Link
ADGI

Hot Stocks

10:53 EST Adagio Therapeutics Inc trading halted, volatility trading pause
FWRD

Hot Stocks

10:49 EST Forward Air announces rate increase for independent contractor drivers - 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. Forward today announced the largest ever rate-per-mile increase to its independent contractor fleet within its less-than-truckload and Truckload divisions. Today's announcement of a fifteen cent per mile increase for independent contractor fleets and independent contractor teams and solo drivers is an example of Forward's commitment to grow our business and provide our independent contractors an excellent opportunity to operate and grow a successful business.
C

Hot Stocks

10:47 EST Citi signs sale agreement with Insigneo - Citi and Insigneo announced that they have entered into a definitive agreement under which the Miami-based independent broker-dealer and Registered Investment Advisor will acquire Citi International Financial Services, LLC and Citi Asesores de Inversion Uruguay S.A. The sale of CIFS, a Puerto Rico-based broker-dealer, and Citi Asesores, an investment advisory firm in Uruguay's free-trade zone, is subject to regulatory approvals. Citi will maintain all existing bank deposit relationships with wealth clients moving to Insigneo. In addition, Citi and Insigneo have agreed to explore for Citi to offer banking services to Insigneo's existing clients. Citi's strong presence in Puerto Rico and Uruguay, serving institutional clients, remains unchanged.
PFE

Hot Stocks

10:31 EST EMA issues advice for potential early use of Pfizer's Paxlovid - Pfizer announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency issued advice on the use of PAXLOVID, stating that PAXLOVID can be used to treat adults with COVID-19 who do not require supplemental oxygen and who are at increased risk of progressing to severe disease. The CHMP also recommend that PAXLOVID should be administered as soon as possible after diagnosis of COVID-19 and within five days of the start of symptoms. The EMA issued this advice under Article 5(3) of Regulation 726/2004 to support authorities of European Union Member States who may decide to allow the supply and use of PAXLOVID, for example in emergency use settings, prior to EU conditional marketing authorization. PAXLOVID is currently not authorized for use in the EU. "The CHMP's advice signifies the strength of our data for PAXLOVID in the treatment of high-risk adults diagnosed with COVID-19," said Albert Bourla, Chairman and CEO, Pfizer. "COVID-19 continues to take lives at an unprecedented pace globally and exacts a devastating toll on health care systems. If authorized, PAXLOVID has the potential to help save lives and reduce hospitalizations. We look forward to working with the EMA and other regulatory agencies worldwide to bring this potential treatment to patients as quickly as possible." The CHMP based their advice on positive results from the Phase 2/3 EPIC-HR interim analysis, which enrolled non-hospitalized adults with confirmed COVID-19 who are at increased risk of progressing to severe illness. The data demonstrated an 89% reduction in risk of COVID-19-related hospitalization or death from any cause in patients treated with PAXLOVID compared to placebo within three days of symptom onset, with no deaths in the treatment group.
ELYM

Hot Stocks

10:18 EST Eliem Therapeutics Inc trading resumes
ELYM

Hot Stocks

10:13 EST Eliem Therapeutics Inc trading halted, volatility trading pause
MSGE MSGS

Hot Stocks

10:02 EST MSG Entertainment names Deidre Latour EVP, chief communications officer - Madison Square Garden Entertainment Corp. (MSGE) announced that Deirdre Latour has been named Executive Vice President and Chief Communications Officer, effective January 3. Latour will oversee all external communications and public relations activities across MSG Entertainment's portfolio of assets, as well as Madison Square Garden Sports Corp. (MSGS). Jim Dolan, Executive Chairman and CEO of MSG Entertainment, said: "We are pleased to welcome Deirdre to MSG. We have some of the most recognizable entertainment and sports properties in the world - which garner significant media interest. Her experience developing and executing successful communications strategies on a global stage will be an asset as both MSG Entertainment and MSG Sports continue to pursue their respective growth plans."
DNMR

Hot Stocks

10:00 EST Danimer Scientific falls -15.3% - Danimer Scientific is down -15.3%, or -$1.62 to $8.97.
BKKT

Hot Stocks

10:00 EST Bakkt falls -20.2% - Bakkt is down -20.2%, or -$2.79 to $10.97.
IRNT

Hot Stocks

10:00 EST IronNet falls -24.6% - IronNet is down -24.6%, or -$1.67 to $5.13.
DOMA

Hot Stocks

10:00 EST Doma Holdings rises 11.6% - Doma Holdings is up 11.6%, or 57c to $5.50.
HBB

Hot Stocks

10:00 EST Hamilton Beach rises 12.9% - Hamilton Beach is up 12.9%, or $1.74 to $15.29.
MTL

Hot Stocks

10:00 EST Mechel rises 13.5% - Mechel is up 13.5%, or 36c to $3.02.
DNMR

Hot Stocks

09:47 EST Danimer Scientific falls -15.0% - Danimer Scientific is down -15.0%, or -$1.59 to $9.00.
BKKT

Hot Stocks

09:47 EST Bakkt falls -19.7% - Bakkt is down -19.7%, or -$2.71 to $11.05.
IRNT

Hot Stocks

09:47 EST IronNet falls -28.1% - IronNet is down -28.1%, or -$1.91 to $4.89.
DOMA

Hot Stocks

09:47 EST Doma Holdings rises 10.1% - Doma Holdings is up 10.1%, or 50c to $5.43.
FREY

Hot Stocks

09:47 EST Freyr Battery rises 13.0% - Freyr Battery is up 13.0%, or $1.47 to $12.78.
MTL

Hot Stocks

09:47 EST Mechel rises 14.7% - Mechel is up 14.7%, or 39c to $3.05.
TOI

Hot Stocks

09:41 EST Oncology Institute Inc trading resumes
GNGBY

Hot Stocks

09:40 EST Getinge recalling ballon pumps after complaints of fluid leaks - The Food and Drug Administration announced that Getinge is recalling the Datascope/Getinge/Maquet Cardiosave Hybrid and Cardiosave Rescue Intra-Aortic Balloon Pump products due to complaints of fluid leaks. Fluid entering the Cardiosave IABP may cause unexpected pump shutdown or the inability to initiate therapy, the agency said in a statement. There has been one death and 71 complaints reported about this device issue. Reference Link
REGN

Hot Stocks

09:39 EST Regeneron says REGEN-COV antibodies have 'diminished potency' versus omicron - Earlier, Regeneron stated that it has found that currently authorized REGEN-COV, casirivimab and imdevimab, antibodies have diminished potency versus Omicron, but are active against predominant Delta variant. "Regeneron has confirmed that multiple 'next generation' monoclonal antibodies from its large collection of fully human monoclonal antibodies targeting SARS-CoV-2 are active against the Omicron (B.1.1.529) and Delta (B.1.617.2) variants, as well as against the other variants of concern. Pending regulatory discussions, we anticipate entering the clinic in the first quarter of 2022. While Regeneron's currently authorized REGEN-COV antibodies have diminished potency against Omicron, they are active against Delta, which currently is the most prevalent variant in the U.S., The company stated. Reference Link
RLYB

Hot Stocks

09:38 EST Rallybio Holdings LLC trading resumes
ACN

Hot Stocks

09:38 EST Accenture acquires Zestgroup, terms undisclosed - Accenture has acquired Zestgroup, a services firm specializing in energy transitions, net carbon-zero projects and procurement of renewables. Terms of the transaction were not disclosed. Headquartered in the Netherlands, Zestgroup brings more than 120 professionals to Accenture Operations, with clients in a variety of sectors and expertise across energy transition and reconciliation, supplier market regulations, renewable spending category and project and procurement services. It also provides spend optimization services to help organizations better manage sustainability spend and energy reconciliation services to better optimize claim settlements across the energy value chain.
TRNO

Hot Stocks

09:36 EST Terreno Realty acquires $74.1M industrial property in Florida - Terreno Realty acquired an industrial property in Hialeah, Florida for a purchase price of approximately $74.1M, net of free-rent credits. The property consists of two recently developed rear-load 32-foot clear industrial distribution buildings containing approximately 402,000 square feet on 19.0 acres. The property is at 4181-4241 West 108th Street, immediately adjacent to Terreno Realty Corporation's three existing buildings on West 108th Street and adjacent to Florida's Turnpike and the southern terminus of I-75. The property provides 124 dock-high and four grade-level loading positions and parking for 328 cars and is expected to obtain LEED certification. The property is 100% pre-leased to seven tenants with one lease expected to commence in December and the remainder prior to June 30, 2022. The estimated stabilized cap rate of the property is 3.8%.
GBLI

Hot Stocks

09:34 EST Global Indemnity to transfer to NYSE from Nasdaq - Global Indemnity announced it is transferring the listing of its Class A Common shares and its 7.875% Subordinated Notes Due 2047 to the New York Stock Exchange from the Nasdaq Global Select Market. The transfers to the NYSE are expected to be effective January 3, 2022 and will trade under the same symbols. Trading on Nasdaq is expected to continue until the close of business on December 31.
RLYB

Hot Stocks

09:34 EST Rallybio Holdings LLC trading halted, volatility trading pause
TOI

Hot Stocks

09:33 EST Oncology Institute Inc trading halted, volatility trading pause
AFCG

Hot Stocks

09:33 EST AFC Gamma raises dividend 16% to 50c per share - Last night, AFC Gamma announced that its board of directors declared a quarterly dividend for the quarter ending December 31 of 50c per outstanding share of common stock, payable on January 14, 2022 to the common stockholders of record on December 31, 2021. "The December quarterly dividend represents an increase of approximately 16% over the September quarterly dividend of 43c. After paying the quarterly dividend, the board of directors believes that AFC Gamma will likely have distributed an amount, in the aggregate, equivalent to the low end of its targeted distribution range of 90% to 100% of distributable earnings for the year ending December 31, 2021," the company stated.
LAKE

Hot Stocks

09:32 EST Lakeland Industries promotes Allen Dillard to chief operating, financial officer - Lakeland Industries announced the promotion of Allen Dillard to chief operating and financial officer, effective January 1, 2022. Dillard has served as CFO of Lakeland Industries since August 12, 2019. In his new capacity, Dillard will add manufacturing, planning, and procurement functions to his reporting responsibilities.
ELYS

Hot Stocks

09:30 EST Elys Game Technology reports November handle $495,000 - Reports November bet tickets 7,951. Reports November payouts $428. Reports November gross gaming revenue $67,000. Reports November hold 13.6%. The company said, "October to November month-over-month bet tickets increased more than 200% from 2,508 to 7,951 in the Company's second month of operation in the U.S. This led to an increase of approximately 139% or $288,000 in wagers handled at Elys' first small-business partnership, the Grand Central Restaurant, Bar and Sportsbook in Washington, D.C. As Elys strategically used this period to test its new U.S. platform and technology, this growth took place with little to no market outreach, demonstrating high organic consumer demand and the loyalty of repeat restaurant visitors." "
AMPG

Hot Stocks

09:21 EST AmpliTech completes acquisition of Spectrum Semiconductor for $8M in cash - AmpliTech announced that it has executed a definitive agreement to acquire the assets and operations of Spectrum Semiconductor Materials, a global specialty distributor of semiconductor components. The transaction is expected to close within our fiscal year 2021, subject to the satisfaction of certain closing conditions. "The purchase is expected to deliver significant strategic and top and bottom-line benefits while also building on AmpliTech's technical and management expertise and distribution reach," the company said. The purchase price is $8.0M in cash plus $1.5M to be held in escrow through December 2022, to fund any purchase price or other adjustments, plus the grant of 188,442 restricted shares of AmpliTech common stock. The parties have agreed to a purchase price adjustment of 25% of Spectrum's cumulative net revenue above or below $20M in sales for calendar years 2021 and 2022 combined. AmpliTech CEO, Fawad Maqbool, commented, "Spectrum Semiconductors is a perfect fit for advancing AmpliTech's strategic goals and delivering shareholder value. With Spectrum, we will add a well-managed, growing business with a long-term track record for high quality and excellent customer service and the ideal distribution platform for the launch of our MMIC chip solutions. This transaction will allow us to more than triple our current annual revenue run rate, while also being immediately accretive to our bottom line. Of equal importance, Spectrum brings us a highly satisfied, long-term, and global customer base with excellent penetration in our core end markets of aerospace, defense, automotive, and computing, along with a deep Silicon Valley presence, to support the launch of MMIC chip solutions we plan to bring to market by the end of Q1 2022. We expect AmpliTech and Spectrum will play a key role in improving the speed and efficiency of communications systems around the world in high-growth applications such as 5G cellular, MEO and LEO satellites, quantum computing, and autonomous vehicles. Importantly, AmpliTech is well funded to complete this transaction and to then execute on the growth opportunities of the combined business."
KURA

Hot Stocks

09:21 EST Kura Oncology doses first patient in Phase 1/2 trial of tipifarnib - Kura Oncology announced dose administration for the first patient in KURRENT, the Company's Phase 1/2 clinical trial of tipifarnib in combination with alpelisib in patients with HRAS- and/or PIK3CA-dependent head and neck squamous cell carcinoma. Tipifarnib is Kura's farnesyl transferase inhibitor drug candidate currently in a registration-directed trial as a monotherapy in patients with HRAS mutant HNSCC. Novartis' alpelisib is an inhibitor of phosphatidylinositol-3-kinase with inhibitory activity predominantly against the PI3Kalpha isoform. Preclinical data suggests that HRAS and PI3kalpha are co-dependent oncogenes in HNSCC, and that combining tipifarnib with a PI3Kalpha inhibitor has the potential to provide meaningfully greater antitumor activity, relative to inhibiting either target alone.
STLD

Hot Stocks

09:20 EST Steel Dynamics sees momentum continuing into 2022 - Fourth quarter 2021 profitability from the company's steel operations is expected to be higher than third quarter results setting a new quarterly record, driven by strong underlying steel demand and metal spread expansion across the platform, more than offsetting seasonally lower steel shipments. Domestic steel demand remains strong, with the automotive, construction, and industrial sectors continuing to lead the momentum. Fourth quarter 2021 earnings from the company's metals recycling operations are expected to be aligned with sequential third quarter results, based on improved metal margins despite modestly lower selling values and offsetting lower shipments. Many domestic steel mills had planned maintenance outages throughout the fourth quarter 2021, which lowered ferrous scrap demand. Fourth quarter 2021 earnings from the company's steel fabrication operations are expected to be more than two and one-half times higher than sequential record third quarter results, as significantly higher selling values and near-record shipments, meaningfully more than offset higher steel input costs. The non-residential construction sector remains strong as evidenced by robust order activity, resulting in another record order backlog and record forward-pricing for the company's steel fabrication platform. The company anticipates this momentum to continue through 2022 based on these dynamics.
BSGM

Hot Stocks

09:19 EST BioSig Technologies expands clinical footprint in Florida - BioSig Technologies announced that it is installing a PURE EP System for an evaluation at the HCA Healthcare-operated Westside Regional Medical Center in Plantation, FL. Westside Regional Medical Center is an award-winning 250-bed hospital recognized for providing a wide array of services to the residents of Broward County, South Florida, and visitors from around the world. The hospital's electrophysiology program is one of the most frequented in Broward County, offering advanced diagnostic services and multiple modalities for diagnosing and treating arrhythmia. In addition to its comprehensive cardiovascular services, Westside Regional Medical Center is certified as a Comprehensive Stroke Center by the Agency for Health Care Administration. Westside Regional Medical Center is a facility of HCA East Florida, the most extensive healthcare system in Eastern Florida and an affiliate of Hospital Corporation of America. HCA East Florida has 14 hospitals, multiple ambulatory surgery centers, physician practices, free-standing emergency care facilities, and a supply chain center, and an integrated regional lab. To date, 73 physicians have completed over 1750 patient cases with the PURE EP System. The Company is in a focused commercial launch of the PURE EP System in the Northeast, Texas, and Florida. The Company's most recent evaluation adds to its clinical footprint in Florida, which also includes Mayo Clinic's Florida Campus, a national Medical Center of Excellence.
CRNC TM

Hot Stocks

09:19 EST Cerence Browse selected by Toyota Motor North America - Cerence (CRNC) announced that Toyota Motor (TM) North America has selected Cerence Browse, Cerence's AI-powered, cloud-based content domain, to bring the power and intelligence of internet search engines directly into Toyota and Lexus vehicles* in its next-generation multimedia system. TMNA is the first automaker to deploy Cerence's new cloud service. Cerence Browse will enable Toyota and Lexus passengers to ask general information or real-time event questions - including geography data, stock information, astronomy, holidays, etc. "Cerence Browse is a remarkable Deep Reasoning Network technology built to support automakers in creating unique, human-like responses to questions," said Stefan Ortmanns, CEO, Cerence. "By implementing Cerence Browse, Toyota can expect to see overall in-car voice assistant usage increase, along with user engagement and satisfaction levels."
SHIP

Hot Stocks

09:17 EST Seanergy Marine announces refinancing of existing vessel - Seanergy Maritime Holdings announced that it has entered into a definitive agreement for the refinancing of a loan facility secured by M/V Geniuship, with a new loan facility secured by the same vessel. The current outstanding balance is provided by certain nominees of Entrust Global and stands at $14.6 million. The Entrust facility has a remaining duration of 3.5 years, bears interest at a fixed rate of 10.5% per annum and amortizes through quarterly instalments of $515,000. The new loan facility will be provided by a prominent Far Eastern bank, has an initial balance of $15 million, a five-year term and bears interest of LIBOR + 3.5% per annum. The New Facility will amortize through 4 quarterly instalments of $530,000 followed by 16 quarterly instalments of $385,000. The significantly lower interest rate, as well as the reduced quarterly repayments agreed for 2023 onwards, will further improve the break-even rates of the underlying vessel. In addition, the interest savings for the Company are expected to be $0.9 million for 2022 and $0.5 million on average per year for 2023-25. As of the date of this release and pro-forma for this refinancing, which is expected to close within December, Seanergy's total indebtedness will be approximately $242.7 million, consisting of $221.0 million debt and other financial leases and $21.7 million in unsecured convertible notes, while total cash and cash equivalents, restricted cash and term deposits of the Company are expected to be approximately $45.0 million.
VZ...

Hot Stocks

09:18 EST Verizon, Google Cloud to collaborate to deliver 5G mobile edge computing - Verizon (VZ) and Google Cloud (GOOG;GOOGL) are working together to "bring the power of the cloud closer to mobile and connected devices at the edge of Verizon's network," the companies said. Verizon plans to bring Google's compute and storage services to the edge of the local network enabling the bandwidth and low latency needed to support real-time enterprise applications. The companies expect that this combination will enable enterprises in industries from retail to manufacturing to "unlock the power of 5G and mobile edge computing and gain operational efficiencies, higher levels of security and reliability, and improved productivity," the companies said. Verizon and Google Cloud also plan to develop public 5G mobile edge computing for developers and enterprises. The public 5G Edge solution has the potential to enable developers to build and deploy applications at the edge of Verizon's wireless network in various locations throughout the U.S. Ericsson (ERIC), in collaboration with Verizon, will pilot 5G Edge with Google Distributed Cloud Edge as part of a proof of concept at its USA 5G Smart Factory. The first trial use case involves Verizon's Sensor Intelligence solution, which involves attaching a camera to an autonomous mobile robot that will scan packages to maintain inventory and location of indirect materials in the factory's warehouse. Then the robot will communicate the bar code and shipping label data via 5G and mobile edge computing to the inventory management system, providing real-time analytics to improve logistics.
HLTH

Hot Stocks

09:16 EST Cue Health names Nitin Duggal as Chief Marketing Officer - Cue Health announced that it has appointed Nitin Duggal as its first Chief Marketing Officer, effective immediately. In his new role, he will be responsible for leading all marketing initiatives at Cue, including partners, direct to consumer, customers, employers, and providers. Nitin joins Cue from Abbott Diabetes Care, where he spent 10 years in a number of leadership positions.
DV PBI

Hot Stocks

09:15 EST DoubleVerify appoints Rose Velez-Smith CHRO - DoubleVerify (DV) announced that Rose Velez-Smith has joined the company as EVP and chief human resources officer, or CHRO. As CHRO, Velez-Smith will be responsible for all aspects of our human resources strategy and people functions globally, including talent management, leadership development, compensation & benefits, diversity, and inclusion & belonging. Prior to joining DV, Velez-Smith managed global HR efforts for Pitney Bowes (PBI), spending more than two decades with the organization.
SPXC

Hot Stocks

09:14 EST SPX Corporation completes acquisition of Cincinnati Fan for $145M in cash - SPX Corporation announced that it has completed the acquisition of Cincinnati Fan & Ventilator, a company in engineered air quality solutions, including blowers and critical exhaust systems. Under the terms of the purchase agreement, a subsidiary of SPX merged into Cincinnati Fan for consideration of $145M in cash, which includes consideration for the estimated value of certain tax assets associated with the acquisition. SPX currently anticipates revenue from Cincinnati Fan in a range of $60-70M in 2022. Once fully integrated, SPX anticipates that the acquisition will be accretive to its HVAC segment margin. "We are very excited to welcome Cincinnati Fan to the SPX team," said Gene Lowe, President and CEO of SPX. "Bringing together Cincinnati Fan's high-performance, engineered air quality solutions with SPX's global footprint and distribution infrastructure opens multiple opportunities to create additional value, and accelerate our combined growth. We see significant potential to further expand our HVAC Cooling platform by building upon this foundation in engineered air quality solutions."
GLOB

Hot Stocks

09:12 EST Globant and Pixelynx partner to launch music metaverse platform - Globant has established a partnership with Pixelynx, a music metaverse gaming platform. Pixelynx was founded by musicians and technologists Joel Zimmerman and Richie Hawtin, along with music and gaming industry veterans Ben Turner, Dean Wilson and CEO Inder Phull. Pixelynx is developing a new virtual world ecosystem that aims to allow artists to launch their own interactive environments and monetize them through NFTs, social music experiences and virtual performances. Via their upcoming mobile AR game, fans will be able to explore the real world, attending concerts and visiting physical locations to collect NFTs that can be used in-game to unlock rewards and new interactive experiences from talent, according to the company.
ZIP

Hot Stocks

09:12 EST ZipRecruiter promotes Timothy Yarbrough to CFO, Amy Garefis to CAO - ZipRecruiter announced the following promotions effective immediately: David Travers has been promoted to President. Travers previously served as ZipRecruiter's CFO since December 2015. Timothy Yarbrough has been promoted to CFO. Yarbrough previously served as chief business officer since September 2020, as well as other management positions with the company. Amy Garefis has been promoted to chief accounting officer, or CAO. Garefis previously served as senior VP of accounting since July 2019, as well as other management positions with the company.
ORCL

Hot Stocks

09:11 EST Kargo announces partnership with NewsGuard, results with Oracle Moat - Kargo announced two major content quality milestones with NewsGuard and by Oracle Moat. First, Kargo entered into a partnership with NewsGuard that will ensure mobile advertisers are protected from placing ads on misinformation and disinformation sources. In its first analysis of Kargo's inventory, NewsGuard found that news and information websites in Kargo's inventory had an average NewsGuard trust score of 91 out of 100. NewsGuard will continue to conduct weekly checks of Kargo's inventory data and flag any untrustworthy news sites. Kargo is also announcing performance as reported by Oracle Moat. Oracle Moat recently released a new report card, measuring overall media quality including Potentially False Information, PFI, through the non-profit Global Disinformation Index and Kargo is the first supply-side platform to share these results. Oracle Moat's September Brand Safety & IVT report card measured over 2.6M hours of exposure generated across its display advertising campaigns. Kargo ranked .07% for PFI, significantly below Oracle Moat's benchmark of 1.5% and 0.89% for IVT, well below Oracle Moat's benchmark of 4%.
XELA

Hot Stocks

09:11 EST Exela Technologies announces significant reduction of debt - Exela Technologies announced that following the completion of the senior notes exchange offer and private exchange of its term loans with certain of its lenders, the Company's long-term debt has been reduced by approximately $454 million as compared to the long-term debt outstanding as of December 31, 2020. As previously reported, the total amount of senior notes tendered reached a 97.6% tender rate and the Company was able to exchange or cancel a majority of its outstanding credit agreement obligations. By exceeding the required consent thresholds, certain negative covenants in the underlying indenture and term loan agreements were removed. These steps represent a key milestone in the Company's strategy to materially reduce its total amount of debt and associated interest expense. The transactions will result in an estimated annual reduction of cash interest expense and loan amortization of $42 million, exceeding the Company's stated $37.5 million target.
IEA

Hot Stocks

09:10 EST Infrastructure and Energy Alternatives secures $44M award - Infrastructure and Energy Alternatives has secured a $44 million award to lead the construction of a 60 MW utility-scale wind farm in Riverside County, California. The project is expected to commence in the first quarter 2022, with targeted completion by the first quarter 2023. Under the terms of the contract award, IEA will self-perform all engineering and construction of fifteen wind turbines, two substation and meteorological evaluation towers and an underground electrical collector system. As outlined within the scope of work, IEA will also be tasked with construction of new private-land access roads, together with improvements to existing public roads surrounding the property. With more than 6,000 MW of installed capacity across more than 120 projects throughout the state, California is the second-largest producer of wind energy in the nation. Wind energy, an integral part of California's electricity portfolio, will play a critical role in helping the state meet its Renewables Portfolio Standard, one that will require utilities to procure 60 percent of retail sales from renewable sources by 2030. To-date, nearly $12 billion has been invested in California wind farms.
INVO

Hot Stocks

09:10 EST INVO Bioscience partners with Ovoclinic in Spain for INVOcell commercialization - INVO Bioscience has entered into an expanded agreement with Ovoclinic, a group of clinics specialized in assisted reproductive treatments with four locations across Spain and collaborating centers around Europe, to accelerate adoption of INVOcell within their markets. The agreement includes the expanded adoption of INVOcell within Ovoclinic locations as well as establishing an INVO Center of Excellence for future training for the European Market. INVOcell is an in vivo Intravaginal Culture System for patients diagnosed with infertility. INVO began commercialization in Spain through direct sales efforts in early 2021, primiarily to support Ovoclinic's desire to begin working with the INVOcell technology. Ovoclinic will now begin offering INVOcell and the IVC Procedure to all its patients and become an INVO Center of Excellence with its Marbella location serving as the training facility. Ovoclinic intends to help promote INVOcell to its Ovobank clinical partners across the European Union.
NVVE BLBD

Hot Stocks

09:09 EST Nuvve Holding, Colorado/West deploy first V2G electric school bus in Colorado - Nuvve Holding (NVVE) and Colorado/West Equipment, a Blue Bird (BLBD) dealership, announced the deployment of the first vehicle-to-grid capable electric school bus in the state of Colorado at Durango School District 9-R. La Plata Energy Association, a forward-thinking, member-owned cooperative serving over 34,000 members, co-wrote the grant and donated funds towards the Blue Bird bus and Nuvve V2G DC 60kW charging station.
SI

Hot Stocks

09:09 EST Silvergate Capital, EJF capital launch joint investment vehicle - Silvergate Capital and EJF Capital announced the launch of the EJF Silvergate Ventures Fund, a joint investment vehicle focused on early-stage fintech companies, digital currencies and payments, as well as banking and specialty finance technology. The EJF Silvergate Ventures Fund will seek to invest in early-stage operating companies, which are developing technologies that are poised for broad adoption in finance, such as real-time payments, digital assets, banking-as-a-service, regtech, and AI-based credit decisioning. The fund will leverage Silvergate's expertise in the digital currency industry and EJF's global financial services and fintech investment team, relationships and expertise across the banking, regulatory and financial services sector to deliver guidance and capital to early-stage start-ups.
OIIM

Hot Stocks

09:09 EST O2Micro granted patent for system, method for light source, controllers - O2Micro International announced the patent grant of light-source systems and controllers. O2Micro was issued 20 claims under UK Patent No. GB 2544185 for the invention of light-source systems and controllers, which provides a sense signal indicative of the light-source current, detects a variation in a ripple amplitude of the output current by detecting a level of the indication signal, and controls a duty cycle of a switch so as to reduce an increasing rate of the ripple amplitude if the level of the indication signal increases, and to reduce a decreasing rate of the ripple amplitude if the level of the indication signal decreases.
SPIR

Hot Stocks

09:08 EST Spire Global, Kepler sign contract to test AETHER Network - Kepler Communications announced the signing of a contract with Spire Global to launch a test of Kepler's THER network. This will serve as an initial test bed for Kepler's AETHER service and will also help Spire evaluate how the technology can support its goal to collect accurate, timely and global data. Announced at Satellite 2021, AETHER is the fulfilment of Kepler's mission to enable the space economy by delivering the infrastructure for always-on, real-time connectivity to space-based assets. With AETHER, Kepler will solve one of the key challenges facing low earth orbit missions, which is limited connectivity with Earth, by relaying data through the AETHER network. Without an always-on, real-time communications link, operators must wait until the satellite is above a ground station to learn about the health of the asset, confirm satellite location, or identify anomalous behavior. In addition, the value of the data collected by satellites diminishes with time until it eventually reaches Earth. By providing an always on, real-time link to satellites, Kepler's AETHER service delivers an important new service to the space community, while opening a new market for Kepler's satellite technology.
TTEK

Hot Stocks

09:07 EST Tetra Tech awarded six lots on CCS Construction Professional Services framework - Tetra Tech announced that it has been awarded a place on Crown Commercial Service's Construction Professional Services framework. Crown Commercial Service, or CCS, supports the United Kingdom's public sector to achieve maximum commercial value when procuring common goods and services. In 2020/21 CCS helped the public sector to achieve commercial benefits equal to GBP 2.04B supporting public services that offer best value for taxpayers. The framework, which has a potential spend of GBP 1.7B, will cover multi-discipline environmental, civil and structural engineering, building services engineering, architectural, cost management, and project management services. Tetra Tech has been awarded a position on all six lots of the new four-year agreement-the only consultancy to do so. The lots are divided by project type and focus on the built environment and general infrastructure, urban regeneration, international, high-rise structures, defense, and environment and sustainability.
ALGT

Hot Stocks

09:06 EST Allegiant Travel reports November system traffic up 7.3% vs. November 2019 - Allegiant Travel reported preliminary passenger traffic results for November 2021. Compared to November 2019, for scheduled service, passenger traffic was up 7.8%, RPMs were up 10.8%, ASMs were up 14.7%, load factor of 77.6% was down 2.8%. Compared to November 2019, for total system, passenger traffic was up 7.3%, and ASMs were up 14.0%.
CLSK

Hot Stocks

09:06 EST CleanSpark marks one year of sustainable bitcoin mining - CleanSpark announced the one-year anniversary of its bitcoin mining operations. CleanSpark implements an ESG approach by sourcing regional energy mixes with strong renewable energy portfolios for its mining facilities in Norcross and College Park, Georgia. CleanSpark entered the bitcoin mining industry in December 2020 with its purchase of ATL Data Centers. A second data center, located in Gwinnett County, was acquired in August 2021 with plans to invest $145 million in capital and human investments over the next five years. CleanSpark draws on its clean energy background to take an efficient approach to Bitcoin's high energy usage. The Company is now a leading sustainable miner and paving the way for clean mining best practices in the worldwide call-to-action. The Company's ESG strategy also helps the communities it operates in. Aside from using renewable energy mixes for its mining operations, CleanSpark facilitates more reliant transmission lines with infrastructure-level upgrades and invests in state solar power programs, such as Georgia's Simple Solar. This approach is making a positive impact on the local economy by developing abandoned areas and creating new job opportunities.
DFFN

Hot Stocks

09:06 EST Diffusion Pharmaceuticals doses first patients in ILD-DLCO trial - Diffusion Pharmaceuticals announced it has dosed the first patients in its ILD-DLCO Trial. The trial will evaluate the Company's lead product candidate, trans sodium crocetinate, TSC, in patients with previously diagnosed interstitial lung disease, ILD. "We designed the ILD-DLCO Trial to evaluate the effects of TSC on the enhancement of oxygen uptake through the lungs and into the bloodstream of ILD patients," said Chris Galloway, M.D., Chief Medical Officer of Diffusion. "This is the third of our Oxygenation Trials designed to evaluate the effects of TSC on the continuum of oxygen transport from uptake to delivery, and ultimately end organ utilization. We believe these data will provide further supportive information regarding TSC's novel mechanism of action and dose-response characteristics and support the broad potential of TSC to treat a variety of conditions complicated by hypoxia." The ILD-DLCO Trial is a double-blind, randomized, placebo-controlled study which will evaluate the effects of TSC on the diffusion of carbon monoxide through the lungs, DLCO, in patients with previously diagnosed interstitial lung disease who have a baseline DLCO test result that is abnormal. DLCO will act as a surrogate measure of oxygen transfer efficiency, or uptake, from the alveoli of the lungs through the plasma, and onto hemoglobin within red blood cells. Diffusion intends to enroll 27 patients with confirmed ILD who will be randomized in a 2:1 ratio to a single 2.5mg/kg dose of TSC or placebo via IV bolus. Diffusion anticipates completing the trial in the first quarter of 2022, with topline results reported within two months of study completion.
AZN

Hot Stocks

09:05 EST AstraZeneca says Evusheld shown to retain neutralizing activity against omicron - AstraZeneca's Evusheld, a long-acting antibody combination for the prevention of COVID-19, retained neutralizing activity against the omicron SARS-CoV-2 variant, according to new preclinical data, the company announced. In this study, Evusheld's Inhibitory Concentration 50, a measure of neutralizing potency of an antibody, was 171 ng/ml and 277 ng/ml in two confirmatory tests, which is within the range of neutralizing titres found in someone who has been previously infected with COVID-19. Evusheld's IC50 for the original strain of SARS-CoV-2, previously referred to as the Wuhan strain, was approximately 1.3 ng/ml and 1.5 ng/ml, respectively. "The early data, generated by pseudovirus testing of the full Omicron variant spike against the combination of tixagevimab with cilgavimab, the antibodies that comprise Evusheld, add to the growing body of preclinical evidence demonstrating that Evusheld retains activity against all tested variants of concern to date. The study was performed independently by investigators at the US Food and Drug Administration, Center for Biologics Evaluation and Research. The work was supported by US government research funds," the company stated.
MDT

Hot Stocks

09:05 EST Medtronic announces chief medical officer Rick Kuntz to retire - Medtronic made two announcements regarding its executive committee. Ivan Fong has been named as general counsel and secretary, succeeding Brad Lerman, who will retire at the end of January. In addition, the company also announced that Rick Kuntz, M.D., M.Sc., chief medical officer and chief scientific officer, has announced his intention to retire in April, at the end of the Medtronic fiscal year. Both Lerman and Kuntz will retire in line with the company's mandatory executive officer retirement age of 65 years.
JBLU AAL

Hot Stocks

09:04 EST JetBlue, American Airlines to increase summer schedule in New York and Boston - JetBlue (JBLU) and American Airlines (AAL) announced that the airlines added new routes, improved schedules and enhanced product offerings in New York and Boston. Nine new routes go on sale this week across both airlines in New York and Boston. With these new routes, the NEA offers more frequencies in New York and Boston than any other airline. At New York-LGA, the NEA will offer nearly 200 daily departures, which includes JetBlue tripling their departures compared to 2019. In summer 2022, the NEA will offer more than 200 daily departures in Boston, with JetBlue operating more than 150, to more nonstop destinations than any other carrier.
PRGS

Hot Stocks

09:04 EST Progress Software announces support for HTTP/2 in Fiddler Everywhere 3.0 - Progress announced the latest release of Progress Fiddler Everywhere, its popular web debugging proxy tool. With this release, Progress is bringing to market support for HTTP/2, a major revision of the HTTP network protocol. Developers can now easily debug high-performing applications across Windows, macOS and Linux securely in less time and with fewer resources than ever before.
SNPS

Hot Stocks

09:03 EST Synopsys announces $200M accelerated share repurchase plan - Synopsys announced that it has entered into an accelerated share repurchase agreement with HSBC Bank USA, National Association to repurchase an aggregate of $200M of Synopsys stock. Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery of approximately 443,000 shares, with the remainder, if any, to be settled on or before February 14, 2022, upon completion of the repurchases. The specific number of shares that Synopsys ultimately repurchases under the ASR will be based on the average of Synopsys' daily volume-weighted average share prices during the repurchase period, less a discount.
NVDA

Hot Stocks

09:03 EST Nvidia to deliver special address during CES - NVIDIA announced that it will deliver a special address during CES on Jan. 4, 2022, at 8 a.m. Pacific time. Jeff Fisher, senior vice president of GeForce, and Ali Kani, vice president and general manager of Automotive, will present the latest breakthroughs in accelerated computing - from design and simulation to gaming to autonomous vehicles.
EBET

Hot Stocks

09:02 EST Esports Technologies to be exclusive data provider for NFT-based fight simulator - Esports Technologies signed a non-binding letter of intent with Turnt Gaming to be the exclusive esports data provider for Taunt Battleworld. The fighting game simulator built on Polygon's blockchain solution will feature NFT's of boxing icons Floyd Mayweather and Deontay Wilder. The game is targeted for release in early 2022. Esports Technologies intends to provide odds, game balancing, outcome math and logic models to power Taunt Battleworld. Floyd Mayweather and Deontay Wilder represent the first of several real-world fighters from boxing and MMA slated to appear in Taunt Battleworld.
ADSK

Hot Stocks

09:02 EST Autodesk to acquire ProEst, terms not disclosed - Autodesk announced that it is acquiring ProEst, a cloud-based estimating solution that enables construction teams to create estimates, perform digital takeoffs, generate detailed reports and proposals and manage bid-day processes. Autodesk plans to integrate ProEst with Autodesk Construction Cloud, a comprehensive construction management platform connecting teams, data and workflows across the entire building lifecycle. The acquisition will strengthen Autodesk Construction Cloud's preconstruction offerings and empower construction teams to manage all their critical preconstruction and construction workflows on one platform. The transaction is subject to customary closing conditions and is expected to close during Autodesk's fourth quarter of fiscal 2022, ending January 31, 2022. The acquisition will have no material impact on Autodesk's fourth quarter and fiscal year 2022 guidance presented on November 23, 2021.
FANH

Hot Stocks

09:01 EST Fanhua trading resumes
BCO

Hot Stocks

08:57 EST Brink's launches BLUbeem digital cash payment solution - The Brink's Company announced the launch of a new product brand, BLUbeem by Brink's. BLUbeem is a digital cash payment solution that makes processing cash fast and easy, similar to debit, credit and other digital payment methods. With BLUbeem, Brink's places a secure, tech-enabled device at a customer's site. The customer registers cash deposits using the BLUbeem mobile app, and places cash into the onsite device. Brink's digitally confirms that the deposit was made, and provides credit for that deposit to any bank account of the customer's choosing. Brink's then picks up the cash at a later time that is convenient for both parties.
BEKE LKNCY

Hot Stocks

08:57 EST Muddy Waters short KE Holdings, says company engaged 'in systemic fraud' - In a recently published report, Muddy Waters said it is short KE Holdings (BEKE) as "we conclude the Company is engaged in systemic fraud, by our estimate, inflating its new home sales GTV by over ~126% and its commission revenues by approximately ~77-96%. We found massive discrepancies between the transaction volumes, store count and agent count reported to investors and the transaction data from our multi-month data collection program from BEKE's platform. We corroborated these discrepancies by spot-checking our findings through primary due diligence on BEKE's stores, including field interviews and site visits. BEKE's mantra, oft repeated on Company earnings calls, is 'doing the right thing, even if it is difficult.' Nothing could seem further from the truth. Put simply, we found massive fraud, including a likely sham acquisition seemingly designed to mask the fraudulent revenues. Our field work found ghost stores, clone stores and undisclosed schemes to inflate revenues by round tripping cash through connected brokerages. Similar to Luckin Coffee (LKNCY), this is a real business with significant amounts of fraud. Shares of KE Holdings are down about 6% in pre-market trading. Reference Link
GLT

Hot Stocks

08:57 EST Glatfelter partners with ALPLA for sustainable packaging solutions - Glatfelter Corporation in cooperation with joint venture partner ALPLA Group announces their partnership with Blue Ocean Closures, a startup based in the region of Varmland in Sweden, to develop innovative natural fiber-based closures and other molded packaging products using dryforming technology. As part of this sustainability partnership, Glatfelter and ALPLA are joining together to initially develop high-quality cellulose-based products, like screw caps, that are fully biobased and potentially ocean biodegradable. This unique collaboration will support BOC in its product development and shorten time to market even further.
BEKE LKNCY

Hot Stocks

08:56 EST KE Holdings down 4% after Muddy Waters issues short report, alleges fraud - Shares of KE Holdings (BEKE) are down 78c, or 4%, to $17.90 in pre-market trading after Muddy Waters' Carson Block issued a short report in which he alleges that the company is "engaged in systemic fraud," comparing it to Luckin Coffee (LKNCY). KE Holdings is "inflating its new home sales GTV by over ~126% and its commission revenues by approximately ~77-96%," claims Block, who said he found "massive discrepancies between the transaction volumes, store count and agent count reported to investors and the transaction data from [his] multi-month data collection program" from the company's platform. Reference Link
AIR

Hot Stocks

08:54 EST AAR Corp. awarded 10-year $365M USAFE F-16 depot-level maintenance contract - AAR was awarded a ten year $365M firm fixed price, indefinite delivery/indefinite quantity contract with the Air Force Life Cycle Management Center to support United States Air Forces in Europe, USAFE, F-16 aircraft. AAR will provide aircraft depot-level maintenance and repair primarily for F-16 aircraft allocated to USAFE and to support possible overflow requirements for all USAF F-16 aircraft. Additionally, AAR will send Contractor Field Teams to perform depot-level repairs on any F-16 aircraft at any location on an as-needed basis. "This program is another example of AAR's successful strategic expansion into the government end market and we are excited to extend our support to the F-16 platform" said John Holmes, AAR President and CEO. "As we begin our partnership with USAFE, the Government can depend on AAR's commitment to service, quality and excellence as a force enabler for global operations."
SOLO

Hot Stocks

08:52 EST ElectraMeccanica provides update on Mesa Assembly Facility - ElectraMeccanica Vehicles provided a status update regarding the progress of its Mesa Assembly Facility. The facility in Mesa, Arizona is the Company's new 235,000 square foot U.S. assembly and engineering technical center, which is on-track and scheduled to be commissioned in the summer of 2022 with the purpose of assembling an enhanced, U.S-built 2023 model year SOLO EV. The first flex line at the facility will have the ability to produce up to 20,000 vehicles per year, enables domestic assembly operations within the U.S. and European target market. Kevin Pavlov, CEO of ElectraMeccanica commented, "To say I am pleased with the execution of our entire team is an understatement. Our team continues their hard work and dedication on all fronts. As we work to finalize the facility, we are concurrently working in other ElectraMeccanica facilities to identify assembly best-practices to ensure an optimized, highly efficient production line. As we continue to execute and deliver vehicles, we have built out sales, logistics and service networks to support all near-term delivery targets as we ramp production and sales. The U.S. base of operations in Mesa, Arizona is a critical component to this cohesive strategy," concluded Pavlov.
BANX

Hot Stocks

08:52 EST StoneCastle reports estimated NAV of $22.03 as of November 30 - StoneCastle Financial announced that the Company's estimated and unaudited Net Asset Value as of November 30, 2021 was $22.03. The NAV was up $0.08 from the prior month-end.
IRMTF

Hot Stocks

08:51 EST Information Services appoints Robert Antochow as CFO - Information Services Corporation announced the appointment of Robert Antochow as the Company's CFO, effective February 1, 2022. Mr. Antochow is currently the Senior Director, Finance for ISC and will succeed Shawn Peters as CFO. As announced on October 13, 2021, Mr. Peters will assume the role of the Company's President and CEO on February 1, 2022.
XSPA

Hot Stocks

08:51 EST XpresSpa's new brand Treat launches first brick and mortar location - XpresSpa Group announced the opening of Treat's first brick and mortar location in Terminal 4 at John F. Kennedy International Airport. Just in time for the holiday travel rush, Treat will be a fully operational upscale health and wellness center with access to on-site care with medical professionals, Covid-19 rapid PCR tests, IV drip infusion therapy, flu shots and on-site virtual sessions like yoga and fitness and feature a collection of retail partners. "In this pandemic world, people are now prioritizing health and wellness, especially when traveling," said Doug Satzman, XpresSpa Group CEO. "This first-of-it's-kind suite of travel health and wellness services is leading a new era in wellness travel - whether you need a test, want to work out, seek healthcare on-the-go, or just escape from the stressors of travel, Treat will be an invaluable set of resources as traveler needs continue to evolve."
EZFL

Hot Stocks

08:50 EST EzFill announces new revolving credit facility - EzFill Holdings announced that it has entered into a revolving credit line agreement with City National Bank of Florida. Under the revolving credit facility, the Company may borrow up to approximately $16M, a number that will vary over time. Funds can be used for general corporate purposes. The revolving credit line is secured with the securities held in the Company's investment portfolio with the Bank.
HCDI CCS

Hot Stocks

08:49 EST Harbor Custom closes on $3.87M sale of 27 lots to Century Communities - Harbor Custom Development (HCDI) announced it has closed on the sale of 27 developed lots in its Horizon at Semiahmoo subdivision in Blaine, Washington, to Century Communities (CCS) for $3.87M. Harbor acquired the 219-acre Horizon subdivision in July 2021. The purchase included 71 developed lots with panoramic views of Birch Bay and the Cascade Range and is situated adjacent to the iconic Semiahmoo Resort and award-winning golf course. "We are thrilled to add Century Communities as one of the selected builders for the Horizon at Semiahmoo project and look forward to working with their team." stated Sterling Griffin, President and CEO of Harbor Custom Development, Inc. "As a national public builder, Century Communities brings a wealth of knowledge and experience building in planned unit subdivisions, and we anticipate that they will be highly successful offering product that meets the needs of the local Blaine, Whatcom County, and Canadian communities."
IONM

Hot Stocks

08:49 EST Assure Holdings performs over 1,700 procedures in November 2021 - Assure Holdings announced record monthly managed cases during November 2021. John Farlinger, Assure's executive chairman and CEO said, "The Company reported our highest number of monthly managed cases in November 2021, performing over 1,700 procedures. Assure expects to generate a record number of managed cases in the fourth quarter of 2021. In addition, I am pleased to report growing strength in our remote neurology business, and we remain on pace to have 1,000 to 1,200 remote neurology managed cases in the fourth quarter of 2021. We expect our remote neurology platform to be a big driver of incremental revenue and margin in 2022. Thus far in the fourth quarter of 2021, we have only experienced a minimal slowdown as a result of COVID-19, but are continuing to monitor this dynamic situation closely." During the month of November 2021, Assure expanded its remote neurology capabilities with the addition of its third and fourth neurologists. The Company is actively recruiting to fill additional positions and expects to continue ramping-up staffing for this function over the course of 2022 and beyond.
MOTS

Hot Stocks

08:48 EST Motus GI announces US Patent for The Pure-Vu's automatic self-purging features - Motus GI announced that the U.S. Patent and Trademark Office, USPTO, has issued patent no. 11,185,625, which is titled, "Colon cleaning system with automatic self-purging features." "We continue to actively secure IP protection around the key features of our Pure-Vu System. This latest patent covers the system's proprietary smart sense suction and evacuation features, including innovative sensing technology that detects potential blockages in the working channel and automatically clears them allowing continued removal of significant levels of debris from the colon," commented Tim Moran, Chief Executive Officer. "The automatic self-purge is one of the many features that will be incorporated into Pure-Vu EVS, an advanced, next-generation system that will enhance procedural ease of use, and speed of deployment as compared with our second generation system. The new Pure-Vu EVS represents a significant advancement of our technology, including rapid set-up in less than 90 seconds, the ability to load our sleeve on a 'dirty' scope in the procedure room, and enhanced navigation, handling and overall ease of use. We expect to submit a 510(k) application to FDA for Pure-Vu EVS by end of 2021."
BRFH

Hot Stocks

08:47 EST Barfresh Food Group expands education program to additional 473 locations - Barfresh Food Group announced that it has expanded its education program to an additional 473 school locations with the addition of Hillsborough County Public Schools District and Orange County Public Schools District. These 473 schools are spread out across two districts in Florida and form a collective student population of over 435,000 students. Barfresh product will initially be part of both the breakfast and dinner menu once a week at Hillsborough County Public Schools and will be part of the breakfast menu twice a week at Orange County Public Schools District.
ALBO

Hot Stocks

08:47 EST Albireo Pharma announces topline data from Phase 1 study of A3907 - Albireo Pharma announced topline results from its Phase 1 clinical trial of A3907, the first oral systemic apical sodium-dependent bile acid transporter inhibitor. The study achieved both primary and secondary objectives. Phase 1 study is a first-in-human, double-blind, single and multiple ascending dose study in healthy adult subjects to investigate the safety, tolerability, pharmacokinetics of orally administered A3907. A3907 was safe and well tolerated in this study at systemic exposures that demonstrated therapeutic benefits in preclinical models. With the potential to inhibit ileal, renal and hepatic ASBT, A3907 could provide the optimal balance of efficacy and tolerability in patients in multiple liver diseases. The study met its primary objectives with data showing A3907 overall to be safe and well tolerated, with no serious adverse events or discontinuations due to treatment emergent adverse events. All TEAEs were mild, the most common were mainly abdominal symptoms such as loose stools, and all participants finished the trial protocol. No clinically significant effects in clinical chemistry, hematology, physical examinations or ECG. The study also met its secondary objectives with dose-related plasma exposure up to 81 mg dose, with no accumulation. Exposure levels were within the range that show effects in animal disease models. Single doses of A3907 showed dose proportional increases in plasma exposure up to 81 mg with no further increase at a dose of 162 mg. The study showed target engagement with 7alpha-hydroxy-4-cholesten-3-one increases and low-density lipoprotein cholesterol reductions, with C4 increases indicating elevation in bile acid excretion, while LDL-C reduction indicating elevated synthesis of bile acids from cholesterol. The Phase 1 trial was a randomized, double-blind, placebo-controlled, single and seven day multiple-dose study was conducted in 54 and 22, respectively, healthy subjects. Doses evaluated were 1-162 mg in the single ascending dose portion, and 9-67.5 mg in the multiple ascending dose portion. Primary objectives were safety and tolerability, secondary objectives were evaluation of pharmacokinetics, and there were multiple exploratory endpoints.
PRPH

Hot Stocks

08:46 EST ProPhase Labs appoints Beelter as CSO, announces several promotions - ProPhase Labs announces the addition of Sam Beeler as Chief Strategy Officer, CSO, for ProPhase Precision Medicine, and the promotions of Alice Lioi and Jason Karkus to Executive Vice President /Co-Chief Operating Officers along with Sergio Miralles as Executive Vice President/Chief Information Officer for ProPhase Diagnostics. Sam Beeler has over 17 years of leadership experience. Sam has served in progressive enterprise leadership, strategy, and operations roles for Advantage Care Physicians, The Advisory Board, TeamHealth, PivotHealth and more.
EXLS

Hot Stocks

08:45 EST ExlService appoints Vikram Pandit as chairman of the board - ExlService Holdings announced that Garen Staglin will not be standing for re-election at EXL's Annual Meeting of Stockholders in June 2022. Vikram Pandit has been appointed as Chairman of the Board, effective January 1, 2022 and will work with Garen to ensure a smooth transition of responsibilities. Garen will continue to serve as a director and member of the Compensation Committee and the Nominating and Governance Committee until the Annual Meeting. Mr. Pandit also serves as the Chairman and Chief Executive Officer of The Orogen Group, an operating company he created in 2016 that makes significant long-term strategic investments in financial services companies and related businesses.
ACN

Hot Stocks

08:44 EST Accenture jumps 9% to $411.25 after Q1 results beat, FY22 guidance raised
USCT

Hot Stocks

08:44 EST TKB Critical Technologies 1 announces seperate trading of shares, warrants - TKB Critical Technologies 1 announced that, commencing December 17, 2021, holders of the 23,000,000 units sold in the Company's initial public offering, including the 3,000,000 units sold pursuant to the full exercise of the underwriters' over-allotment option, may elect to separately trade the Class A ordinary shares and warrants included in the units. Any units not separated will continue to trade on the Nasdaq Global Market under the symbol "USCTU," and the separated Class A ordinary shares and warrants are expected to trade on the Nasdaq under the symbols "USCT" and "USCTW," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company's transfer agent, in order to separate the units into Class A ordinary shares and warrants. The units were initially offered by the Company in an underwritten offering. Jefferies LLC acted as sole book-running manager and JMP Securities LLC acted as lead manager for the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission on October 26, 2021.
SNDA

Hot Stocks

08:43 EST Sonida Senior Living acquires two senior living communities for $12.3M - Sonida Senior Living announced that it entered into a purchase and sale agreement to acquire two recently renovated senior living communities for approximately $12.3M. The communities, Northfield Senior Living and Southfield Senior Living, include 157 independent living units and are located approximately 20 minutes outside of downtown Indianapolis. The company expects the acquisition to close in the first quarter of 2022 subject to customary closing conditions. The properties recently underwent a significant refurbishment, and the company's purchase price, equating to approximately $79,000 per unit, represents a significant discount to replacement cost.
ACN

Hot Stocks

08:43 EST Accenture jumps 9% to $375.30 after Q1 results beat, FY22 guidance raised
ALCO

Hot Stocks

08:43 EST Alico provides sustainability report summary - Alico announced improvements to its Institutional Shareholders Services, ISS, Environmental, Social and Governance scores following the publication of the Company's inaugural Sustainability Report on December 8, 2021. Alico is one of the largest citrus growers in the United States. The Company owns more than 80,000 acres of citrus groves, ranch land and improved pasture in seven Florida counties. With the release of the Company's Sustainability Report, which documents the actions that Alico has undertaken prior to and during 2021, Alico has seen its ISS environmental and social scores improve. In January 2021, ISS rated Alico as 9 for environmental and 10 for social. Today, those scores have improved to 6 and 2. Its scores for Governance have remained unchanged at 3. The Company believes that its annual ESG rating by ISS will be changed in early 2022. Highlights of the Alico 2021 Sustainability Report include: Alico established a Sustainability Steering Council; The Company conducted its baseline carbon footprint study; Alico nurtured more than 5M citrus trees now in the ground, and the Company has planted on average 375,000 trees in each of the last four years with plans to continue planting additional trees annually; Water performance data is collected and analyzed; Sustainable agriculture highlights included Alico not having any genetically modified organisms; The Company reaffirmed its commitment to establishing and maintaining strong and ethical relationships with suppliers; Alico is constantly implementing data privacy and security initiatives; Alico's employees enjoy a safe, friendly work environment; the Company has made direct financial contributions in activities focused on three main areas: Next Generation Agriculture, Youth and Community Spirit.
AERC

Hot Stocks

08:43 EST Aeroclean plans to install Purgo devices at MADabolic Jupiter - AeroClean Technologies announced plans to install Purgo air purification and sanitization devices at MADabolic Jupiter by the end of 2021. Purgo performance tests conducted on-site compelled the MADabolic Jupiter leadership team to proceed with the installation. Purgo uses patented, proprietary, UV-C LED technology to significantly reduce and remove harmful pathogens, including allergens, mold, bacteria, fungi, and viruses, like influenza and SARS-CoV-2- offering continuous air sanitization as a robust safety measure for clients and staff.
MBIO NBI

Hot Stocks

08:42 EST Mustang Bio added to Nasdaq Biotechnology Index - Mustang Bio announced that the company has been added to the NASDAQ Biotechnology Index. The annual re-ranking of the NASDAQ Biotechnology Index will become effective prior to market open on Monday, December 20, 2021.
WETF

Hot Stocks

08:41 EST WisdomTree launches Efficient Gold Plus Gold Miners Strategy Fund - WisdomTree Investments announced the launch of the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund, an actively managed ETF with an expense ratio of 0.45%. GDMN invests in a portfolio comprised of global equity securities issued by companies in the gold mining business, generally weighted by modified market capitalization, and U.S.-listed gold futures contracts. GDMN uses the gold futures in an effort to enhance its capital efficiency. WisdomTree believes that GDMN is an innovative and capital efficient alternative to traditional gold miner ETFs or leveraged gold miner ETFs.
SNAX...

Hot Stocks

08:40 EST Stryve Foods announces Costco, Walmart distribution increases - Stryve Foods, Inc. (SNAX) announced new agreements for significant 2022 expansion of its domestic U.S. distribution footprint and product line penetration with Costco (COST) and Walmart (WMT). Following the recent addition of Costco warehouses in the northwest U.S. region, select Stryve Biltong and Vacadillos products are now available every day at Costco warehouses in Arizona and business centers nationwide, doubling Stryve's previous Costco distribution. As part of this expansion, Costco will begin carrying the 12 oz. Hickory flavor of Stryve Biltong amongst its healthy and nutritious Stryve and Vacadillos offerings. Stryve's Costco warehouse count is also set to increase significantly in 2022, with agreements in place to secure new distribution into Costco's Bay Area region and participation in a 2022 national Costco multi-vendor mailer campaign. The promotion in Costco's popular warehouse member coupon book brings on-shelf placement in all U.S. Costco warehouse locations. At Walmart, Stryve is adding in April two new Vacadillos Carne Seca SKUs and a Stryve Biltong multipack to its array of products offered at Walmart Supercenters, more than doubling its SKUs from two to five. Stryve's total retail footprint stands at more than 30,000 retail locations.
APO

Hot Stocks

08:40 EST Apollo Global announces DL Energy to acquire minority stake in CPV Fairview - Apollo and DL Energy announced that DL Energy has agreed to acquire a 25% equity interest in CPV Fairview Energy Center from Apollo Infrastructure Funds. CPV Fairview is a 1,050MW power generation company dedicated to increasing America's energy sustainability by providing safe, reliable, cost-effective and environmentally responsible electric power. The Apollo Funds invested in CPV Fairview in 2018. Apollo's Co-Head of Infrastructure and Natural Resources Geoffrey Strong added, "Through this infrastructure fund investment, we are pleased to have helped construct and operate a state-of-the-art power facility and it's representative of the many commitments we are making across the Apollo platform into the power and utilities sectors." The transaction is subject to customary closing conditions and is expected to be completed by Q1 2022. As a result of the transaction, DL Energy will join CPV Fairview's existing equity owners Competitive Power Ventures and Osaka Gas.
FANH

Hot Stocks

08:38 EST Fanhua appoints Yinan Hu as chairman, CEO - The board of directors of Fanhua announced that with immediate effect, Mr. Yinan Hu, founder and a director of the Company, has been appointed by the Company's Board to be its chairman and chief executive officer, filling the vacancy left by the resignation of Mr. Chunlin Wang. Mr. Wang has informed the Board that his resignation is due to his personal reasons. As the founder of Fanhua, Mr. Yinan Hu is also the largest shareholder of the Company, currently beneficially owns approximately 18.6% of the Company's outstanding ordinary shares.
SGRP LOW

Hot Stocks

08:38 EST SPAR Group announces addition of Cowen, O'Leary to leadership team - The SPAR Group (SGRP) is adding two industry executives to develop new business, expand client relationships and a focus on analytics and technology. Sonja-Rose Cowen has been appointed Vice President of Sales, Insights and Analytics. Previously Cowen was Vice President of U.S. Sales and Business Operations at Grenade USA, where she developed the U.S. business and oversaw sales, marketing and business operations. Jason O'Leary has been appointed Vice President of National Accounts. Before joining SPAR, O'Leary helped manage one of the largest National Account portfolios for Lowe's Pro Supply a division of Lowe's Companies (LOW).
KYKOF

Hot Stocks

08:37 EST Kyowa Kirin, IveniAI expand AI-driven partners to multi-year collaboration - InveniAI and Kyowa Kirin expanded their longstanding relationship with a new, multiple drug discovery agreement. The collaboration will provide Kyowa Kirin with access to InveniAI's AI Innovation Lab and AI Technology Platform, AlphaMeld, to expand the scope of Kyowa Kirin's drug discovery programs. The agreement builds on an ongoing partnership between InveniAI and Kyowa Kirin that began in 2018. The collaboration enables Kyowa Kirin to access InveniAI's AI technology platform, AlphaMeld, its AI Innovation Lab, and a dedicated team of experts to drive drug discovery efforts across Kyowa Kirin's therapeutic areas, platforms, and modalities. InveniAI and Kyowa Kirin are now standing at the intersection of state-of-the-art biotechnology and digital technology. Both scientists will work together more interactively to generate innovative drug candidates. Under the terms of the collaboration, InveniAI will receive a committed annual research funding fee for the duration of the collaboration term and obtain rights to receive milestone payments and royalties on sales from Kyowa Kirin.
DCO

Hot Stocks

08:35 EST Ducommun acquires Magnetic Seal Corporation - Ducommun Incorporated announced it completed the acquisition of Magnetic Seal Corporation, based in Warren, Rhode Island. MagSeal supplies sealing solutions to every branch of the U.S. military and is entrenched on more than 50 commercial and military aircraft programs including the AH-64 Apache and CH-53K helicopters, F-15 and F-18 fighter jets, C-130 transports, A320, B737 and Cessna Citation jets. "I am delighted to welcome the MagSeal business and its team to Ducommun as we continue our strategy of adding high value added A&D engineered products with recurring aftermarket to our portfolio," said Stephen Oswald, chairman, president and chief executive officer of Ducommun Incorporated. "MagSeal is an excellent business with a strong reputation and further advances the company's industry offering and I look forward to the many years of growth ahead."
RCI

Hot Stocks

08:35 EST Rogers Communications expands fibre network across 163 kilometers - Rogers Communications announced that it is expanding its fibre network across 163 kilometers to connect 1,780 homes and businesses in the communities of Humber Village, Little Rapids and Bell Island, Newfoundland and Labrador. In addition to the fibre network expansion, a new wireless tower will be installed and the existing tower will be upgraded on Bell Island to provide reliable wireless connectivity throughout the island.
FBIO

Hot Stocks

08:34 EST Fortress Biotech announces initiation of Phase 2 clinical trial of Triplex - Fortress Biotech and its partner company, Helocyte announced that a Phase 2 double-blind, randomized, placebo-controlled clinical trial has been initiated to evaluate the safety and efficacy of Triplex, a cytomegalovirus, CMV, vaccine, in eliciting a CMV-specific immune response and reducing CMV replication in people living with HIV. Triplex was developed by City of Hope, a world-renowned cancer treatment and research organization. The Phase 2, double-blind, randomized, placebo-controlled study is evaluating the safety and immunogenicity of two injections of Triplex in adults aged 18 to 65 co-infected with HIV and CMV. Upon enrollment in the study, 60 participants will be randomized to receive Triplex and 30 participants will be randomized to receive placebo, both through two intramuscular deltoid injections on Day 0 and Day 28 following enrollment. Participants will be followed for 92 weeks after the last scheduled vaccination at Day 28, for a total study duration of 96 weeks. Lindsay Rosenwald, M.D., Chairman, President, and Chief Executive Officer of Fortress, said, "We are pleased to further study Triplex in adults co-infected with CMV and HIV, as it has already demonstrated safety, immunogenicity and efficacy in previous clinical trials. CMV can cause severe and life-threatening disease in those with weakened or uneducated immune systems. This clinical trial will evaluate Triplex's potential ability to reduce systemic inflammation among adults living with HIV, which can be linked to a number of health issues that complicate their care and impact their quality of life."
GSKY GS

Hot Stocks

08:34 EST GreenSky provides update on acquisition by Goldman Sachs - GreenSky issued the following statement: "As previously disclosed, at a special meeting of our stockholders held on December 10, 2021, we received the necessary stockholder approval for our previously-announced acquisition by The Goldman Sachs Group, Inc., satisfying one of the remaining conditions to closing of the transaction. Closing of the transaction remains subject to the receipt of certain required regulatory approvals and the satisfaction of other customary conditions. We continue to expect the transaction to close in the fourth quarter of 2021 or the first quarter of 2022."
HYZN

Hot Stocks

08:34 EST Hyzon Motors to supply electric trucks to Dutch refuse collection company - Hyzon Motors signed an exclusive three-year supply contract with Dutch refuse collection company Geesinknorba Group to be its exclusive vendor for zero emission trucks. Geesinknorba already deploys zero emissions vehicles throughout Europe, with 300 trucks or more expected to be supplied by Hyzon during the three-year contract. The companies expect annual demand to grow as customers prioritize the decarbonization of waste collection. Geesinknorba operates in more than 30 countries and has more than 7,500 refuse collection vehicles on the road; they are also the largest provider of battery- and fuel-cell electric refuse collection vehicles in Europe. The initial Hyzon trucks are expected to be deployed by Geesinknorba to the government of Barcelona. They will be produced in Geesinknorba's facility in Emmeloord and Hyzon's manufacturing plant in Groningen, Netherlands.
NNXPF

Hot Stocks

08:33 EST NanoXplore acquires Canuck Compounders for C$9.3M - NanoXplore announced that it has acquired all of the issued and outstanding shares of Canuck Compounders for a total cash consideration of approximately $9.3 million subject to post-closing adjustments, which represents a multiple of approximately five times of the average EBITDA of the last three years. Canuck, a privately held plastic recycling compounder for the past 30 years, provides sustainable and engineered recycled plastic compounds for use in transportation, building and construction, agriculture and packaging markets. Canuck's manufacturing facility, based in Cambridge, Ontario, has a production capacity of approximately 40 million pounds annually. NanoXplore paid $7.3 million in cash at the closing of the transaction, while $1 million in cash will be paid in one year and another $1 million will be paid in two years. Following the transaction, William Dickinson, CEO and founder of Canuck, will continue in a role as General Manager, alongside approximately 40 employees. As demonstrated by the Canuck acquisition, NanoXplore is seeking to expand its downstream, value-added product offering through enhanced masterbatch and compounds, Anode and Cathode pastes, battery materials for the Li-ion battery market, formulated thermoset resins, and admixtures for cement.
SABR

Hot Stocks

08:32 EST Nok Air signs two strategic agreements with Sabre - Thai airline Nok Air announced strategic new long-term agreements with both Sabre and its subsidiary company, Radixx, to support the evolution of the carrier's new business strategy. Nok Air has selected an extensive suite of products from Sabre and Radixx to expand distribution and revenue generation opportunities. The agreements support the carrier's repositioning to serve its growing customer base of premium travellers and value-based customer segments. The Sabre and Radixx products will power future business model evolution as Nok Air expands its international operation, develops new airline partnerships and explore further technical capabilities and innovations. Radixx will provide a fully integrated passenger service system for Nok Air that spans reservations, inventory, pricing, e-commerce, agency distribution, departure control, load control, loyalty and other related capabilities. In parallel, under a new Sabre distribution deal, Nok Air will distribute its airline content across Sabre's global travel marketplace, opening the door to new international markets and growing its Thailand home market on the Sabre Global Distribution System.
DZSI...

Hot Stocks

08:31 EST DZS collaborates with LG Uplus in O-RAN ALLIANCE Plugfest - DZS (DZSI) announced its participation in the third Global O-RAN ALLIANCE Plugfest, and the first to be conducted in South Korea, in partnership with 5G mobile network innovator LG Uplus at its 5G Innovation Lab in Seoul. This testing validated multi-vendor 5G interoperability and end-to-end alignment to O-RAN ALLIANCE specifications for open Radio Access Network, RAN, elements, including fronthaul, midhaul and backhaul interfaces between Radio Access Network equipment provided by DZS, Altiostar, NEC Corporation (NIPNF), Intel (INTC) and Keysight Technologies (KEYS). "Having worked closely with LG Uplus for over 15 years to support its mobile transport infrastructure, DZS is proud to collaborate with LG Uplus in defining the future of 5G O-RAN architectures in South Korea and beyond," said Charlie Vogt, President and CEO, DZS. "This highly successful Plugfest showcasing DZS open fronthaul and mobile transport solutions demonstrates how we, in combination with our industry partners, can enable a path forward for service providers seeking to modernize their networks with the flexibility and efficiencies of O-RAN architectures. After this successful Plugfest in Seoul, it is clear that O-RAN is not only a compelling solution for greenfield networks like Rakuten Mobile who have scaled this architecture already to millions of subscribers in Japan, but also relevant to established service providers like LG Uplus who have already pioneered national-scale 5G deployments to continue to enhance their networks and address new markets." Starting in Q3 2021, the third O-RAN ALLIANCE Global Plugfest was held in 7 venues across the world including 94 participating companies. Vendor solutions in the LG Uplus multivendor interoperability test network included: DZS C1216RO open fronthaul gateways featuring built-in GPS and network timing support, and the xHaul enabled DZS M3500 Cell Site Router; NEC 5G radio units; Altiostar/Rakuten Symphony virtualized distributed unit and central unit software; Intel compute and network acceleration technology; and Keysight Technologies test solutions, including a mix of real Test UE devices and multi-UE emulators as well as the CoreSIM Core emulator
EGLX

Hot Stocks

08:30 EST Enthusiast Gaming secures multi-year credit facility with Scotiabank - Enthusiast Gaming Holdings is pleased to announce that it has entered into a credit facility with The Bank of Nova Scotia. Under a commitment letter between the Company, as borrower, certain Canadian and U.S. subsidiaries of the Company, as guarantors, and Scotiabank, as lender, the Company will obtain an operating facility with an initial limit of up to Cdn $5,000,000, subject to a borrowing base, and a term loan with an initial principal amount of up to Cdn $10,000,000. The Facilities will be secured by substantially all of the assets of the Company and the guarantor subsidiaries. The Facilities will be used to repay the existing indebtedness owed by the Company under its existing revolving and term credit facilities and for general corporate purposes. The Company expects a significant reduction in monthly interest expense as a result of the replacement of the existing revolving and term credit facilities with the Facilities. The term of the Facilities is 24 months, subject to an option for the Borrower to extend the maturity for a further 12 months. The Facilities are subject to customary conditions precedent, representations and warranties, financial and other covenants, and events of default.
NKTX

Hot Stocks

08:29 EST Nkarta receivs FDA orphan drug designation for NKX101 - Nkarta announced that the U.S. Food and Drug Administration has granted orphan drug designation to NKX101 for treatment of acute myeloid leukemia. NKX101 is a novel investigational NK cell therapy, engineered to augment the innate anti-tumor biology of NKG2D. NKG2D is an activating receptor found on naturally occurring NK cells that triggers the targeted killing of stressed and cancerous cells. NKX101 is currently being studied in a first-in-human Phase 1 clinical trial in adults with r/r AML or myelodysplastic syndrome (MDS). As previously announced, Nkarta expects to announce initial data from the NKX101 clinical trial in the first half of 2022.
ECOR

Hot Stocks

08:25 EST electroCore provides update on global distribution partners - electroCore announced it has entered into agreements with Melidonia Health Services, Cyrus Medical Technologies, and Express Medical Solutions to serve as the exclusive distributors of the gammaCore Sapphire non-invasive vagus nerve stimulator, nVNS, in Cyprus, the United Arab Emirates and Oman, and Saudi Arabia and Bahrain, respectively. "We are delighted to announce these three new commercial partnerships as part of our global expansion plan in making gammaCore accessible to primary headache patients around the globe," stated Iain Strickland, VP of Global Sales and Strategy at the Company. "We welcome Melidonia, Cyrus, and Medexsol to the electroCore family of partners and look forward to building a business with them based on their strong commitment to improving the quality of life for patients." The initial term of the Melidonia agreement is three years while the Cyrus and Medexsol agreements have an initial term of five years. The new agreements contain customary terms and conditions, and regulatory clearances are required before sales and revenue can occur. The timing for any such potential clearances is uncertain at this time.
FANH

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08:25 EST Fanhua announces receipt of non-binding going private proposal - Fanhua announced that its Board of Directors has received a preliminary non-binding proposal letter dated December 16, 2021, from a consortium led by Mr. Yinan Hu, founder and a director of the Company, to acquire all of the outstanding ordinary shares of the Company not already owned by the Consortium for $9.8 per American Depositary Shares, or $0.49 per ordinary share in a going private transaction, subject to certain conditions. The price represents a premium of approximately 10.2% to the closing price of the Company's ADS on December 15, 2021. Mr. Hu currently beneficially owns approximately 18.6% of the Company's outstanding ordinary shares. According to the proposal letter, Mr. Yinan Hu will form an acquisition vehicle for the purpose of implementing the Proposed Transaction, which may admit other existing shareholders of the Company and equity investors as consortium members and the acquisition is intended to be financed by a combination of debt and/or equity capital from the Potential Consortium Members. The Board intends to form a special committee consisting of independent directors to consider the Proposed Transaction. The Board of Directors cautions the Company's shareholders and others considering trading in its securities that no decisions have been made with respect to the Company's response to the proposal. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that this or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required by applicable law.
LILM

Hot Stocks

08:24 EST Lilium appoints Karim Jalbout as CPO - Lilium announced the appointment of Karim Jalbout to its Senior Leadership Team as Chief People Officer, beginning in January 2022. Karim brings exceptional talent leadership most recently serving as a lead partner for Private Equity & Technology at Egon Zehnder, the global leadership advisory and executive search firm. At Egon Zehnder, Karim advised listed and high growth global companies on transformational leadership, executive search, talent potential, board and team effectiveness, IPO readiness, and Diversity & Inclusion initiatives.
FANH

Hot Stocks

08:23 EST Fanhua trading halted, news pending
RSVR

Hot Stocks

08:23 EST Reservoir Media announces publishing deal with Michael League, Snarky Puppy - Reservoir Media announced a worldwide publishing deal with 4x Grammy award-winner Michael League and his internationally acclaimed band Snarky Puppy. As part of the deal, Reservoir will also represent League's GroundUP Music, which is the label and publishing home for many of Snarky Puppy's members, collaborators, and larger musical family. Reservoir's Vice President of A&R and Marketing David Hoffman added, "Michael and his GroundUP Music colleagues' global approach to composing, along with their incredible musicianship, inspires a dedicated fanbase around the world. We at Reservoir count ourselves among those fans, and we can't wait to support Michael, Snarky Puppy, and the GroundUP roster's numerous talents."
CAAP

Hot Stocks

08:22 EST Corporacion America Airport reports November traffic up 183.1% - Corporacion America Airport reported a 183.1% YoY increase in passenger traffic in November, and a 35.0% decline when compared to the same period of 2019. Total passenger traffic in November grew 1.8x compared to the same period of last year, driven by increases across all countries of operations, particularly in Argentina, reflecting easier comparisons due to tougher travel restrictions in the year ago period and the opening of borders since November 1. When compared to 2019, overall passenger traffic declined 35.0%, impacted by the COVID-19 pandemic, though consistently improving from the 75.7% decline recorded in April. International and domestic passenger traffic dropped 50.4% and 28.1%, respectively, from pre-pandemic levels of November 2019.
AUID

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08:22 EST authID.ai announces availability of Verified CloudConnect on Auth0 Marketplace - authID.ai announced the availability of Verified CloudConnect on Auth0 Marketplace, a catalog of trusted technology integrations that extend the functionality of Auth0's identity management platform. Verified deploys cloud-based, facial biometrics software to replace vulnerable one-time passwords and cumbersome multi-step, multi-device authentication processes.
HSTO

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08:21 EST Histogen announces $3.5M private placement - Histogen announced that it has entered into securities purchase agreements with certain institutional and accredited investors to issue, in a private placement, 8,235,297 shares of common stock and warrants to purchase up to an aggregate of 8,235,297 shares of common stock, at a purchase price of $0.425 per share of common stock and associated warrant, for expected gross proceeds to Histogen of approximately $3.5 million, before deducting placement agent fees and other offering expenses payable by the Company. The warrants have an exercise price of $0.425 per share of common stock, will be exercisable commencing six months and one day following the date of issuance for a period of five and one-half years from the date of issuance. H.C. Wainwright & Co. is acting as the exclusive placement agent for the private placement. The closing of the private placement is expected to occur on or about December 20, 2021, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the private placement for working capital and general corporate purposes.
TDOC

Hot Stocks

08:21 EST Teladoc Health announces expanded partnership with NLA - Teladoc Health announced an expanded partnership with the National Labor Alliance of Health Care Coalitions, NLA, the largest alliance of labor unions and labor management coalitions, to offer its full suite of virtual care products and services. Teladoc Health's general medical, specialty care, mental health, expert medical services, chronic condition management, and virtual primary care programs will now be available as part of the exclusive endorsement to the NLA's Coalitions, their member Funds and their six million members across all 50 states. "The offering creates a whole person approach to deliver quality, cost effective healthcare that Labor Fund Leadership can provide to their members with a high degree of confidence that care outcomes will be improved and healthcare costs reduced," the company said. As part of the full-suite of services, members will have access to both myStrength Complete and Primary 360 - two services launched by Teladoc Health in 2021 offering full spectrum stepped-care mental health support and virtual primary care respectively.
RUBY

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08:20 EST Rubius Therapeutics to highlight RED PLATFORM at Platform, Pipeline Day - Rubius Therapeutics announced significant advances from its RED PLATFORM and across its pipeline of Red Cell Therapeutics at the Company's first Pipeline and Platform Day. RED PLATFORM: Achieved clinical validation of the RED PLATFORM with initial clinical results from the single-agent RTX-240 Phase 1 clinical trial in advanced solid tumors, reported in March 2021; RCTs are well tolerated, induce the desired biological effect and generate clinical benefit in certain patients with advanced solid tumors; Advancing next generation aAPCs with loadable MHC Class I, enabling the presentation of multiple antigens on a single RCT and broadening the potential patient population with a library of HLA types; Enabling rapid and repeatable parallel generation of therapeutic candidates with the programmable RED PLATFORM; The platform creates multiple modalities for the treatment of cancer and autoimmune disease and the ability to express hundreds of thousands of copies of therapeutic proteins on or within the cell to access numerous immune pathways. Oncology: Broad Immune Stimulation Approach: RTX-240: Established clinical proof of concept of RTX-240 in advanced solid tumors, based on initial results reported in March 2021, potentially increasing the likelihood of clinical success across the oncology pipeline; Escalating the dose of single-agent RTX-240 in the Phase 1 solid tumor clinical trial to three doses of 5e10 followed by one dose 1e10 until disease progression or unacceptable toxicity, based on no dose-limiting toxicities observed to date, a clear dose response in the increase of NK cells and other pharmacodynamic effects; Additional clinical results are expected from this trial and the Phase 1 arm in relapsed/refractory AML during the first quarter of 2022. The Company plans to initiate single-agent RTX-240 Phase 2 expansion cohorts in select solid tumor types during the first quarter of 2022. Continuing dose escalation in the RTX-240 Phase 1 combination study with pembrolizumab in patients with advanced solid tumors. RTX-224: Planning to initiate the Phase 1 clinical trial of RTX-224 in patients with certain advanced solid tumors during the first quarter of 2022. Investigational New Drug application cleared. Antigen-Specific Immune Stimulation Approach: RTX-321: Continuing enrollment in Phase 1 clinical trial of RTX-321 in patients with advanced HPV 16-positive cancers; Planning to report initial clinical results during the first quarter of 2022. Autoimmune Diseases and Type 1 Diabetes: Demonstrated tolerance induction and bystander suppression in stringent type 1 diabetes preclinical models; Established efficacy in the BDC2.5 adoptive transfer model with data supporting that repeated dosing extended duration of disease protection, reverses established inflammation, which is important for the treatment of existing autoimmunity, and induces two types of regulatory T cells, resulting in protection against re-challenge; Showed efficacy in non-obese diabetes preclinical model; Results at 25 weeks exhibit bystander suppression by delivering only two antigens, indicating the mouse surrogate of RTX-T1D prevented or delayed disease caused by many autoantigens; These findings are potentially translatable beyond type 1 diabetes to multiple autoimmune diseases, including other Rubius' high priority target indications, including multiple sclerosis and celiac disease. Manufacturing: Increased cells produced per batch by four times in 50L bioreactors from 2020 to 2021, enabling uninterrupted clinical supply for three Phase 1 arms of the RTX-240 clinical trial and Phase 1 RTX-321 trial. Additional accomplishments include: High success rate: greater than 90% lot success rate for RTX-240 and RTX-321 clinical supply in 2021; Greater than 200 doses administered across three arms of RTX-240 Phase 1 and RTX-321 Phase 1 trials; High transduction efficiency: greater than 90% of cells are transduced with therapeutic proteins; Highly consistent protein expression; Introduced frozen drug substance for RTX-321 and RTX-224, enabling inventory storage of greater than two years; Developing frozen drug product to further simplify supply chain with the goal of making our therapies available around the world; Bringing all product testing in-house to strengthen supply chain and reduce time-to-product release; Continuing to invest in the platform to improve productivity and efficiency; Scaling to 200L bioreactors by mid-2022 to support potential pivotal trial and eventual commercialization.
ALPN HZNP

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08:20 EST Alpine Immune Sciences, Horizon Therapeutics enter exclusive license agreement - Alpine Immune Sciences (ALPN) and Horizon Therapeutics (HZNP) announced an exclusive license and collaboration agreement for the development and commercialization of up to four preclinical candidates generated from Alpine's unique discovery platform. The overall agreement includes licensing of a potential first-in-class preclinical candidate, as well as a research collaboration to jointly generate additional novel candidates. These candidates include previously undisclosed multi-specific fusion protein-based therapeutic candidates for autoimmune and inflammatory diseases. Under the terms of the agreement, Horizon will make an upfront payment to Alpine of $25M as well as an equity investment in Alpine of $15M at a 25% premium to the 30-day volume-weighted average share price. In addition, Alpine is eligible to receive up to $381M per program, or approximately $1.52B in total, in future success-based payments related to development, regulatory and commercial milestones as well as tiered royalties on global net sales. Under the agreement, Alpine will advance candidate molecules to pre-defined preclinical milestones. Horizon will then assume responsibility for development and commercialization activities and costs. Similar to changes at other peer companies, beginning in Q4, Horizon will no longer exclude upfront and milestone payments related to collaboration and license agreements from non-GAAP R&D expense, adjusted EBITDA and other non-GAAP financial measures.
SLNH

Hot Stocks

08:18 EST Soluna's subsidiary enters qualification stage for EV battery measurement device - Soluna, MTI Instruments division announced that it has entered into the advanced qualification stage for its electric vehicle, EV, battery measurement device with several major automotive OEM manufacturers. Moshe Binyamin, President and CEO of MTI Instruments, commented, "We committed to shareholders that we would communicate with them as we began to get traction in the growing and large EV Battery manufacturing segment. I am pleased to report, we are gaining serious traction." Binyamin further added, "In fact, one-system integrator working with a major European automotive manufacturer, recently ordered an additional system to accelerate the final testing and adoption of MTI's thickness monitoring solution into their manufacturing process."
ARCT

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08:17 EST Arcturus Therapeutics announces new data from ARCT-154, ARCT-165 programs - Arcturus Therapeutics announced new data and updates from clinical development programs for ARCT-154 and ARCT-165, its investigational, next-generation, self-amplifying mRNA vaccine candidates targeting variants of concern. ARCT-154 and ARCT-165 are being studied in a Phase 1/2 trial, sponsored by Arcturus, in U.S. and Singapore. The study is evaluating Arcturus' COVID vaccine candidates as both a primary vaccination series and as a booster following initial vaccination with Comirnaty. ARCT-154 is also currently being studied in an ongoing pivotal trial in Vietnam, sponsored and funded by Arcturus' collaborator Vinbiotech. Preliminary immunogenicity results from the first eight of 12 participants administered ARCT-154 and the first nine of 12 administered ARCT-165 as a booster following initial vaccination with Comirnaty in the ongoing Phase 1/2 study demonstrates an encouraging increase in neutralizing antibody titers following booster vaccination, as measured by a validated pseudovirus microneutralization assay as well as in an exploratory surrogate virus neutralization assay assessing responses to multiple variants of concern and variants of interest, including the alpha, beta, gamma and delta strains. In the ARCT-154 and ARCT-165 arms of the booster cohort of the ongoing Phase 1/2 study being conducted in the U.S. and Singapore, 24 participants divided into two equal groups of 12 received 5 micrograms of ARCT-154 or ARCT-165 following primary vaccination with Comirnaty at least 5 months earlier. All participants in the booster trial were below 65 years of age at the time of receiving the booster dose. Figures 1 and 2 show the Day 15 and Day 29 post-boost results from pseudovirus microneutralization and surrogate virus neutralization assays, respectively, performed with sera from the first eight participants in the ARCT-154 group, and from the first nine participants in the ARCT-165 group. The company anticipates updating the results as subsequent data become available in the coming weeks. Arcturus and Vinbiotech anticipate commencing the submission of regulatory documents to the Vietnam Ministry of Health this month for emergency use authorization application for ARCT-154. Contingent upon additional requirements of the MoH, the submission is anticipated to be completed in the first quarter of 2022. Arcturus also plans to evaluate sera from ARCT-154 and ARCT-165 vaccinated participants for activity against the SARS-CoV-2 omicron variant and expects to obtain preliminary data in the first quarter of 2022.
SXTC

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08:16 EST China SXT Pharmaceuticals receives bid price deficiency notification from Nasdaq - China SXT Pharmaceuticals received a notification letter from Nasdaq notifying the company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the company therefore no longer meets the minimum bid price requirements in Nasdaq Listing Rules. The notification received has no immediate effect on the listing of the company's ordinary shares on Nasdaq. The company has until June 13, 2022, to regain compliance. If the company does not regain compliance during such 180-day period, the company may be eligible for an additional 180 calendar days, provided that the company provides a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
TITN

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08:15 EST Titan Machinery appoints Frank Aglin to board of directors - Titan Machinery announced that it has elected Frank Anglin III to its Board of Directors. Mr. Anglin's term on the Board of Directors will begin February 1, 2022. With the election of Mr. Anglin, the Board will consist of eight directors, including seven independent directors. Currently, Mr. Anglin is Vice President, West and South Regions, for Istate Truck Centers, overseeing 7 truck dealership locations.
BNGO

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08:15 EST Bionano Genomics announces launch of version 6.1 of BioDiscovery's NxClinical - Bionano Genomics announced the launch of version 6.1 of BioDiscovery's NxClinical software with expanded capabilities for next-generation sequencing, NGS, data in genetic diseases and cancer. NxClinical is a platform-agnostic software solution. "We believe version 6.1 significantly improves the ability of NxClinical to detect more clinically relevant variants from NGS data with the inclusion of uniparental disomy functionality and the expanded sequence knowledgebase for visualization and reporting of relevant genomic variants," the company said. In addition, data interpretation has been streamlined with the automated annotation of clinically relevant variants using the American College of Medical Genetics and Genomics technical standards. This feature automatically calculates the relevance for many of the evidence categories described by the ACMG technical standards for CNV interpretation, which can simplify data interpretation and reduce time to reportable result. "At Bionano, we are working to transform the way the world sees the genome to elevate human health and wellness," said Erik Holmlin, PhD, President and CEO of Bionano Genomics. "Software is the primary way our customers interact with their data and experience our products. Our goal is to increase the number of Bionano subscribers using NxClinical software to create a network effect where customers can obtain more meaningful results from their NGS and microarray data today so that in the future they can more easily implement OGM within the same software tool to see more genomic variants that matter."
NNBR

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08:15 EST NN, Inc. names J. Andrew Wall as Chief Commercial Officer - NN, Inc. announced J. Andrew Wall will join the organization as Senior Vice President and Chief Commercial Officer, effective January 10, 2022. In this newly created executive position, Wall will play an integral role in driving and executing NN's global commercial strategy, directing global customer sales groups and focusing business development activities. Prior to joining the company, he served in numerous management positions for ABB, Ltd., a publicly held, global manufacturer of heavy electrical equipment and automation technology.
CORT

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08:14 EST Corcept Therapeutics announces preliminary results of tender offer - Corcept Therapeutics Incorporated announced the preliminary results of its previously announced tender offer to purchase up to 10,000,000 shares of its common stock, par value $0.001 per share, at a price not greater than $23.75 nor less than $20.75 per share, in cash, less any applicable withholding taxes and without interest, which expired one minute after 11:59 p.m., New York City time, on December 15, 2021. Based on the preliminary count by Continental Stock Transfer & Trust Company, the depositary for the Tender Offer, 31,743,651 shares of Corcept's common stock were validly tendered and not properly withdrawn at or below a purchase price of $23.75 per share, including 13,648,561 shares tendered by notice of guaranteed delivery. In accordance with the terms and conditions of the Tender Offer, and based on the preliminary results reported by the Depositary, Corcept expects to purchase approximately 10,000,000 shares of common stock at a purchase price of $20.75 per share, for an aggregate cost of approximately $207,500,000, excluding fees and expenses relating to the Tender Offer. The number of shares that Corcept expects to purchase in the Tender Offer represents approximately 9% of the total number of shares of common stock outstanding as of December 15, 2021. Corcept expects to have approximately 105,933,592 shares of common stock outstanding immediately following payment for the shares of common stock purchased in the Tender Offer. Due to the oversubscription of the Tender Offer, based on the preliminary count described above, Corcept will accept for purchase on a pro rata basis approximately 35% of the shares of common stock properly tendered and not properly withdrawn at the purchase price of $20.75 per share.
GHSI

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08:13 EST Guardion Health Sciences 'seeking opportunities to utilize' M&A - Guardion Health Sciences issued a letter to Shareholders, which read in part: "During the course of the past year, we have been working non-stop toward re-creating your company into becoming a premier provider of clinically proven, trusted health and wellness products. I feel like it is safe to say that the Guardion that began 2021 is not the same Guardion finishing the year 2021, and that we are optimistic regarding our future in 2022 and beyond. Our transformation effectively began mid-year with the acquisition of the Viactiv brand in June, which has significantly altered our product mix, revenue stream and organic growth potential. Since then, our focus has been on growing those revenues through improved and enhanced business and marketing practices, as well as optimizing our results from our existing business through improved internal financial management tools and aggressively seeking and evaluating opportunities to expand our market share. We have regularly communicated our confidence that exploitation of the Viactiv brand will be the cornerstone of our future success...In addition to the commercialization and business development activities described above, we are regularly seeking opportunities to utilize mergers and acquisitions and similar transactions to advance the Company's business strategy and provide immediate opportunities to rapidly scale our business. Targets that would advance Guardion's business strategy and focus include companies with an established brand presence, growing revenues, strong distribution channels and/or profitable sales, commercialized products that could strengthen our product portfolio, and products that present strong growth opportunities and unique science or technology profiles. Finally, the Guardion management team is looking forward to increasing the frequency of shareholder communications to be able to report on achieving measurable and tangible milestones as part of the Company's overall long-term progress. Over the long-term, I believe that Guardion's success will depend on our ability to create value in well-differentiated and robust brands comprised of strong clinically proven products that address consumer needs in growing markets. We are committed to bringing compelling products to market under meaningful and differentiated brands that are supported by strong science. The activities in 2021 allow us to be in a much better position to create value for our shareholders primarily as a result of the Viactiv acquisition. We also recognize that we have much to accomplish in 2022 and beyond and management and the Board are committed to doing the hard work necessary to benefit our shareholders. We are looking forward to continuing to execute on the plans outlined above, and to sharing the incremental progress of many of those activities, through additional shareholder communications. In the meantime, we wish all of our shareholders a prosperous, safe and healthy holiday season and look forward to a strong 2022."
BEEM

Hot Stocks

08:13 EST Beam announces product offerings suited for White House EV action plan - Beam Global announced a new alignment level of federal initiatives with Beam Global's differentiated product offerings. Executive Order 14057 Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability prioritizes federal investment in energy resilient infrastructure for EV charging, powered by locally produced and delivered renewable energy for America's next generation electricity supply. Beam products are procured through the General Services Administration, GSA, Multiple Award Schedule, MAS, Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing. "Key pillars in the Executive Order for a Clean Energy Economy are perfectly aligned with what we've been passionately building for over a decade: resilient, clean, sustainable and rapidly deployed EV charging infrastructure solutions," said Desmond Wheatley, Beam Global CEO. "We've seen an increase in federal GSA orders and opportunities siting federal initiatives and we anticipate this latest Executive Order will further fuel Beam's business. Our sustainable EV charging solutions create American manufacturing jobs to build American made products that serve zero emission transportation with 100% locally generated renewable and resilient energy. We applaud the Biden administration for its support of EV charging infrastructure and particularly for focusing on rapidly deployed, shovel ready, off-grid American made products like ours."
VNRX

Hot Stocks

08:12 EST VolitionRx launching NuQ Vet Cancer Screening Test in Singapore - VolitionRx has entered into its first contract for the Nu.Q Vet Cancer Screening Test, a supply and licensing agreement with SAGE Healthcare. SAGE Healthcare has been appointed to serve as non-exclusive licensee and distributor for Volition's Nu.Q Vet Cancer Screening Test in centralized labs in Singapore, with launch planned in Singapore in 1Q22 followed by expansion in conjunction with SAGE Healthcare into centralized labs in other Asian markets. Volition continues negotiations with multi-national veterinary companies, with one or more definitive contracts anticipated in 1Q22, to provide global coverage for the Nu.Q Test.
IMMP

Hot Stocks

08:11 EST Immutep advances IMP761 manufacturing, signs MSA with Northway Biotech - Immutep announces it has signed a Manufacturing Service Agreement, MSA, with Northway Biotech, an end-to-end biopharmaceutical contract development and manufacturing organization, to manufacture IMP761 ahead of clinical testing. IMP761, Immutep's preclinical candidate for autoimmune diseases is an immunosuppressive agonist antibody to LAG-3. It has now been tested in a Th1-driven autoimmune disease setting, oligoarticular juvenile idiopathic arthritis. Northway Biotech is a European specialist manufacturer of recombinant proteins and monoclonal antibodies, with manufacturing sites in Lithuania and the United States. Under the agreement, Northway has already started developing a GMP-compliant manufacturing process of IMP761 and will manufacture IMP761 in large scale bioreactors. The process is based on a pharmaceutical-grade, stable GS knockout CHO K1 cell line system that has been shown to produce product yields of IMP761 in small scale setup. After completion of the required preclinical development, the material produced will be used for Immutep's clinical trials of IMP761. Planning for further pre-clinical and clinical development is ongoing.
KLAC

Hot Stocks

08:11 EST KLA Corp. targets 100% renewable electricity across global operations by 2030 - KLA Corporation announced it has set a goal to use 100% renewable electricity across its global operations by 2030. Managing its impacts through environmental, social and governance stewardship is an integral part of KLA's mission to advance humanity. This includes contributing to creating a more sustainable future. This goal formalizes the company's commitment to support the transition to a clean energy economy by setting greenhouse gas emission reduction targets and reporting climate-related information to stakeholders in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures.
NISN

Hot Stocks

08:09 EST Nisun International announces dismissal of class action lawsuit - Nisun International announced the result of the class action In re Hebron Technology Co., Ltd. Securities Litigation, Case No. 1:20-cv-04420-PAE that the case against the company has been dismissed in its entirety. "We are very pleased of the Court's decision to dismiss this lawsuit," said Mr. Xiaoyun Huang, Chairman and CEO of Nisun International. "We are glad to put this distraction behind us and remain fully committed to our protecting the interests of our shareholders."
PEAR

Hot Stocks

08:09 EST Pear Therapeutics acquires two assets addressing depression conditions - Pear Therapeutics announced the continued development of its PDT product candidate pipeline. Pear acquired and/or licensed two new digital therapeutic assets, from Waypoint Health Innovations and a researcher named Fredrik Hollandare of Orebro University, that are designed for the treatment of a spectrum of depression conditions. Pear intends to leverage these two new assets to expand its depression product candidate to treat mild, moderate, severe, and treatment-refractory depression. Pear's depression product candidate is being developed to be used alone or in combination with other treatments to help patients with a wide range of depression symptoms. Pear intends to incorporate both newly acquired and licensed assets into Pear's depression candidate, which will require clinical evaluation, and if promising, would then be evaluated in a potential pivotal clinical trial to support FDA submission. The asset acquired from Waypoint Health Innovations, is a digital therapeutic designed for treatment of depression based on structured and proven cognitive behavioral therapy techniques, or CBT. CBT is recommended as treatment for depression by the American Psychiatric Association. The Waypoint asset delivers CBT through the use of standardized symptom assessments, video, interactive tools, and algorithms that dynamically personalize each individual's experience. The Waypoint asset has been the subject of published, preliminary clinical studies but has not been submitted to FDA for review. Pear believes the Waypoint asset has the potential to deliver treatment for depression of varying severity. The Hollandare asset involves internet-based CBT for the treatment of residual symptoms of depression and is aimed at preventing relapse. The treatment centers around nine modules, including an introduction to CBT and depression module, two modules on behavioral activation, cognitive restructuring, sleep and relaxation, mindfulness, physical activity, reducing anxiety, and defining long-term goals. The Hollandare asset has been the subject of a published, preliminary clinical study but has not been submitted to FDA for review. Pear believes this asset has the potential to deliver treatment for relapsing depression.
MBII NVZMY

Hot Stocks

08:09 EST Marrone Bio acquires exclusive rights to strains of Streptomyces acidiscabies - Marrone Bio Innovations has acquired exclusive rights to high-performing strains of Streptomyces acidiscabies, allowing for the accelerated commercialization of a new, second-generation bioherbicide, MBI-006. The addition of these strains, developed by and licensed from Novozymes, will optimize MBI-006's use rate, lower the cost of production, and enhance performance. MBI-006 provides an improvement in efficacy at lower rates over MBI-005, the former herbicidal Streptomyces acidiscabies strain developed and registered with the U.S. Environmental Protection Agency and Canada's Pest Management Regulatory Agency. This biotechnological advancement will position the product at a more competitive price point against leading commercial herbicides. MBI-006 has an uncommon mode of action that inhibits the formation and repair of plant cell walls. As a result, the development of herbicide resistance is rare. The bioherbicide has shown pre- and post-emergent efficacy on a wide spectrum of annual broadleaves, grasses, and sedges and mixes well with most chemical crop protection products and fertilizers. The first generation MBI-006 is expected to launch in 2024/2025 for organic and specialty crops, as well as turf, ornamentals and the home and garden market. The second generation of MBI-006 will be targeted at row crops, currently treated by synthetic chemistry, and is anticipated to be commercially available in 2027/2028.
FUTU BANX

Hot Stocks

08:08 EST Futu Holdings partners with StoneCastle Insure Sweep - Futu Holdings (FUTU) subsidiary Futu Inc. announced a deal with StoneCastle (BANX) Insured Sweep to provide insured cash sweep services to Futu's brokerage clients. Implementation of the insured cash platform took place in early November 2021.
NISN

Hot Stocks

08:08 EST Nisun International signs cooperative supply chain agreement with Henan Fulushi - Nisun International announced that Fintech Supply Chain Management Co., Ltd, a subsidiary of Fintech Digital Technology Co., Ltd and a controlled affiliate of the company, has signed a supply chain cooperative agreement with Henan Fulushi Industrial Co., Ltd. Under this agreement, the two parties will cooperate on supply chain procurement services to support the trade of frozen grocery products.
COWN

Hot Stocks

08:07 EST Cowen Group completes acquisition of Portico Capital Advisors - Cowen announced that it has completed its acquisition of Portico Capital Advisors, a M&A advisory firm focused on the Verticalized Software, Data, and Analytics sector. This transaction adds momentum to Cowen's growing investment banking platform, further differentiating its advisory capabilities in high-growth industries. In addition, Portico clients now have access to the full breadth of Cowen's capital markets, advisory, and research capabilities. "We are very excited to close this strategic acquisition and welcome our new colleagues to Cowen. Portico expands Cowen's TMT and Tech-Enabled Services investment banking offering, deepening our expertise, relationships, and track record in another critically important sector with strong, long-term tailwinds," said Larry Wieseneck, Co-President of Cowen and Company. "Today marks an exciting milestone for our teams and our clients, as we continue building a world-class, diversified banking platform at Cowen." Effective today, Portico will operate under the joint Cowen-Portico brand. All consideration is comprised of 75% cash and 25% stock. Other terms of the deal were not disclosed. This transaction is expected to increase Cowen's M&A advisory revenues by approximately 20% in fiscal 2022.
BYND

Hot Stocks

08:07 EST Beyond Meat appoints Jorg Oostdam as general manager, Europe - Beyond Meat announced the appointment of Jorg Oostdam to the newly created leadership position of General Manager, Europe. With over two decades of experience in the food and retail sector, including a 15-year tenure at Mars, Incorporated, Oostdam will drive Beyond Meat's expansion in Europe and accelerate its strategic growth worldwide. He most recently served as CEO for Zed Candy, where he relaunched the brand and expanded the business into 14 new markets globally. Oostdam will be based in the Netherlands and start with the company in February 2022.
CMG

Hot Stocks

08:06 EST Chipotle to open first Chipotlane Digital Kitchen in Ohio - Chipotle Mexican Grill announced its first Chipotlane Digital Kitchen restaurant in Cuyahoga Falls, Ohio. The new prototype offers a Chipotlane and walk-up window for efficient digital order pickup. Located at 994 Graham Road in Cuyahoga Falls, Ohio, the restaurant is scheduled to open later this month.
INFN

Hot Stocks

08:06 EST Infinera's ICE6 800G technology selected by Telia Carrier - Infinera and Telia Carrier announced the selection of Infinera's ICE6 800G solution for Telia Carrier's global network after completing a successful trial of the technology on Telia Carrier's live number-one-ranked global network, AS1299. The decision to deploy Infinera's ICE6 comes after a field validation trial on the 2,396-km link in the U.S. between Denver and Chicago. The trial was performed using Infinera's innovative ICE6 technology over an existing third-party line system and demonstrated superior performance and improved network capacity. The trial demonstrated that by leveraging Infinera's ICE6 fifth-generation coherent technology, Telia Carrier was able to achieve transmission speeds of 600G and spectral efficiency of 5.33 bits/s/Hz, resulting in a fiber capacity increase of at least 50 percent compared to the previous generation of transponders.
ALTG

Hot Stocks

08:06 EST Alta Equipment Group to acquire Ginop Sales, terms to be disclosed on closing - Alta Equipment Group announced that it has entered into a definitive agreement to acquire the stock of Ginop Sales, a privately held equipment distributor with three locations in Northern Michigan. This acquisition expands Alta's construction equipment footprint to ten locations in Michigan and expands its relationship with a leading OEM. Established in 1959, Ginop is an elite Kubota dealer and a trusted source of sales, rentals, service, and parts for the full line of Kubota equipment and attachments. Ginop Sales, generated approximately $65M in revenue and had adjusted EBIT of approximately $6.5 million for the trailing-twelve-month period ended August 2021. Terms of the acquisition are expected to be disclosed upon closing. The transaction is expected to close prior to year-end, subject to customary conditions.
WPRT

Hot Stocks

08:05 EST Westport completes refinancing of $20M term loan - Westport Fuel Systems announced it has refinanced a $20 million Term Loan from Export Development Canada providing for the extension of the maturity of the indebtedness to EDC and a reduction in interest rate. The new Term Loan replaces the Company's existing indebtedness to EDC of approximately $18 million under the Second Amended and Restated Facility Agreement, including the Original Term Facility and the COVID-19 Facility, with an option to draw an additional $2 million. The Term Loan extends the maturity date of the prior indebtedness to EDC to September 15, 2026, which aligns better with the Company's investment profile. The interest rate on the Term Loan is now US Prime + 2.01% per annum and has no prepayment penalty or standby charge.
VXRT

Hot Stocks

08:05 EST Vaxart to test cross-reactivity of COVID-19 oral tablet vaccine against omicron - Vaxart said it plans to test the cross-reactivity of its oral tablet COVID-19 vaccine candidate against the Omicron SARS-CoV-2 variant in two different studies expected to begin next month. In the first study, Vaxart will test the activity of its Phase II COVID-19 oral vaccine candidate against Omicron by analyzing mucosal and serum samples from subjects to whom the vaccine was administered in Vaxart's current COVID-19 vaccine Phase II trials, Dr. Sean Tucker, Vaxart's Chief Scientific Officer and founder, said. In the second study, Vaxart will conduct an animal Omicron challenge study to assess how its current Phase II COVID-19 vaccine candidate performs in comparison to an Omicron-specific vaccine candidate that Vaxart is developing, Dr. Tucker said. Vaxart deliberately engineered its COVID-19 vaccine candidate to be cross-reactive against emerging variants based on Vaxart scientists' early recognition of the risk of emerging variants of SARS-CoV-2. In May 2021, the Company announced Phase I clinical test results demonstrating that its vaccine candidate, VXA-CoV2-1, produced broad cross-reactive T cell and IgA responses against other, non-COVID coronaviruses. Dr. Tucker also said that results from Vaxart's Phase I clinical testing and earlier preclinical testing support Vaxart's belief that its vaccine candidates should be reactive against Omicron. Injectable vaccines primarily stimulate serum IgG responses, but Vaxart's COVID-19 vaccine candidate has been shown to trigger mucosal IgA in the nose, mouth and lungs, where SARS-CoV-2 infection occurs. Mucosal IgA antibodies contain four or more antigen-binding sites, while IgG antibodies contain only two.
BKR

Hot Stocks

08:05 EST Baker Hughes awarded CCS contract with Santos - Baker Hughes has been awarded a contract with Santos, a natural gas producer in Australia, to supply turbomachinery equipment for the Moomba Carbon Capture and Storage, or CCS, project. The project will serve a gas processing plant and permanently store 1.7 million tons of carbon dioxide annually in depleted natural gas reservoirs in the onshore Cooper Basin in South Australia. Baker Hughes will provide gas turbine, compressor and heat recovery steam generator technologies to compress the carbon dioxide.
RFP

Hot Stocks

08:04 EST Resolute Forest announces indefinite idling of Calhoun, TN mill - Resolute Forest announced the indefinite idling of pulp and paper operations at its Calhoun, Tennessee mill. Tissue manufacturing and converting will continue at the site and the adjacent distribution center will remain in full operation. The company anticipates that the decision will directly affect 350 hourly and salaried positions at the Calhoun mill. The facility, which employs a total of 545 people, has an annual capacity of 147,000 metric tons of pulp and 149,000 metric tons of paper as well as 60,000 metric tons of premium tissue. As a result of this announcement, the company expects to record, in the fourth quarter, non-cash impairment and accelerated depreciation charges of approximately $135M to reduce the carrying value of the pulp and paper fixed assets to their residual value, as well as a write-down of inventory and a write-off of other assets of approximately $32M in total. The company also estimates cash closure costs of approximately $45M, mainly related to decommissioning, severance and other termination benefits, and other costs. Most cash closure costs will be disbursed in 2022.
ENPH

Hot Stocks

08:04 EST Enphase Energy battery storage expands in Southern California - Enphase Energy announced that Enphase installers in Southern California have seen increased deployments of Enphase Energy Systems, powered by IQ Microinverters and IQ Batteries, as utility power shutoffs continue to threaten the state. Enphase delivers a safer solar-plus-battery solution which does not expose installers or homeowners to high-voltage DC. The Enphase IQ Battery features Lithium Iron Phosphate battery chemistry, which provides a long cycle life and safer operation through excellent thermal stability. The batteries are equipped with Enphase Power Start technology, which helps seamlessly power-up air conditioners and well-pumps. Homeowners have insight into their systems through the Enphase App, as well as the ability to go off-grid through the app. The Enphase IQ Battery accommodates over-the-air software upgrades and comes with a 10-year limited warranty with a 5-year limited warranty extension available for purchase.
ESTE WPCA

Hot Stocks

08:03 EST Earthstone Energy acquires asset in norhern Delaware Basin for $604M - Earthstone Energy (ESTE) has entered into an agreement to acquire the assets of privately held Chisholm Energy Holdings, located in the northern Delaware Basin of New Mexico. Chisholm is majority owned by Warburg Pincus (WPCA) and its affiliates. The aggregate purchase price of the Chisholm Acquisition is approximately $604M consisting of $340M in cash at closing, subject to customary closing adjustments, $70M of deferred cash due over the 12 months after closing and approximately 19.4 million shares of Earthstone's Class A common stock. Closing is anticipated in 1Q22. The cash portion of consideration is expected to be funded with cash on hand and borrowings under the company's senior secured revolving credit facility. Earthstone has obtained commitments from a group of existing lenders to increase the borrowing base and elected commitments under its Credit Facility from $650M to $825M upon closing. Chisholm Asset highlights include current net production of ~13,500 Boepd - 61% oil, 79% liquids -; $421M Proved Developed PV-10 with reserves of approximately 25.8 MMBoe; asset level projected 2022 Adjusted EBITDAX of approximately $190M-200M; approximately 36,100 net acres - 92% operated- in the core of the Delaware Basin in Eddy and Lea Counties, New Mexico. It is xpected to increase Earthstone's net production by ~39%, Adjusted EBITDAX by ~49% and Free Cash Flow by ~100% in 2022 vs. Earthstone standalone, while only increasing share count by 22%. 2022 preliminary pro forma snapshot includes 44K-48K Boepd of production - 53% oil, 75% liquids -; $550M-$580M of Adjusted EBITDAX; $385M-$415M of capital expenditures; $130M-$150M of Free Cash Flow. Warburg Pincus, a current beneficial owner of ~15.1% of Earthstone's total Class A and Class B common stock, is expected to indirectly receive ~13.2 million shares of Class A common stock through its majority ownership of Chisholm. No further stockholder approval is required. The acquisition has been approved by the board of directors and members of Chisholm.
BCTX

Hot Stocks

08:03 EST BriaCell announces insiders' intention to purchase up to 10% of securities - BriaCell Therapeutics announces that certain members of its Board of Directors and Management team have informed the Company of their intention, on an individual basis and not in concert, to use their personal funds to purchase approximately 10% of the Company's basic common shares outstanding. The Insiders may purchase approximately 1.59 million common shares and/or publicly-listed common share purchase warrants on the open market, representing approximately 10% of basic common shares outstanding within the six month period commencing January 31, 2022. Any Insider purchase will be conducted in compliance with the Company's insider trading policy and Insiders will meet the SEC and TSX Venture reporting obligations.
ARQT HALO

Hot Stocks

08:03 EST Arcutis appoints Mas Matsuda as General Counsel, Corporate Secretary - Arcutis Biotherapeutics (ARQT) announced the appointment of Mas Matsuda, Esq. as General Counsel and Corporate Secretary.. Matsuda joins Arcutis from Halozyme Therapeutics (HALO) and succeeds Keith Klein, Esq. who announced his retirement after a successful 30-year industry career. In this role, Mr. Matsuda will oversee all legal and compliance matters for the Company.
UBER

Hot Stocks

08:02 EST Uber, Motional partner on autonomous deliveries - Motional and Uber Technologies announced a partnership to launch autonomous deliveries for Uber customers, starting in Santa Monica in early 2022. Motional's all-electric vehicles will conduct deliveries of a curated set of meal kits from select restaurants on Uber Eats. The partnership represents industry-shaping firsts for both companies; Motional's expansion into driverless delivery and Uber's first on-road delivery partnership with an autonomous vehicle technology provider.
BOLT

Hot Stocks

08:01 EST Bolt Biotherapeutics appoints Nicole Onetto to board of directors - Bolt Biotherapeutics announced the appointment of Nicole Onetto, M.D., to its Board of Directors effective Dec. 14, 2021. She currently serves as an independent consultant in oncology, drug development and translational research, and on the Board of Directors at Viracta Therapeutics and Basilea Pharmaceutica.
MTX

Hot Stocks

07:58 EST Minerals Technologies announces two satellite contracts in Asia - Minerals Technologies announced that it has entered into two separate long-term agreements. The first agreement is to deploy ground calcium carbonate technology with Asia Symbol, a premier pulp, paper, and packaging company in China. The agreement with Asia Symbol provides high quality GCC supply to the first phase of their new coated paperboard mill in Rugao, Nantong City, Jiangsu Province, China, which is expected to commence operations in 2023. This represents MTI's first GCC satellite offering specifically tailored for packaging customers. The second agreement is with Seshasayee Paper and Boards to build a 22,000 metric ton per year satellite precipitated calcium carbonate plant at SPB's paper mill in Erode, Tamil Nadu, India. The facility is scheduled to begin operating in late 2022.
APTX

Hot Stocks

07:45 EST Aptinyx initiates NYX-783 study - Aptinyx announced the initiation of a Phase 2b study evaluating 50 mg QD of NYX-783 in 300 patients with post-traumatic stress disorder, or PTSD. The Phase 2b study is designed to be well-positioned for consideration as registration-supportive, taking into account guidance received in a Type C meeting with the FDA earlier this year. Initiation of this study follows the observation of clinically meaningful symptom improvements in a previously completed exploratory Phase 2a study of NYX-783 in PTSD. The company anticipates reporting data from the Phase 2b study in the second half of 2023.
F

Hot Stocks

07:45 EST Ford launching FordPro Charging to help customers manage EV fleets - Ford CEO Jim Farley said via Twitter that the company is launching FordPro Charging "to help customers manage their electric vehicle fleets. Drivers will have flexibility to charge at a depot, public charger or even at home. And software will optimize everything. This is a game changer for commercial vehicle industry. We'll be helping businesses plan their on-site charging infrastructure. And we're taking an open-standards approach, so @FordPro Charging will not only support @Ford's electric vehicles, but also EVs from other manufacturers & vehicle classes, like forklifts & heavy-duty trucks." Reference Link
LGIQ

Hot Stocks

07:45 EST Logiq finalizes agreement to transfer AppLogiq assets to Lovarra - Logiq has finalized the terms of its agreement with Lovarra to transfer Logiq's AppLogiq assets into Lovarra. The agreement follows Logiq's recent acquisition of a control position in Lovarra, a fully reporting U.S. public company listed on the OTC Markets. The agreement advances Logiq's announced plans to separate its DataLogiq and AppLogiq businesses into two independent publicly traded companies. The next step will involve the transfer of AppLogiq assets into Lovarra before the end of the year. Logiq is also applying to FINRA to change the name of Lovarra to GoLogiq and obtain a new trading symbol. Logiq anticipates the name and symbol change process with FINRA will take several weeks. Logiq shareholders of record on December 30, 2021 will receive shares in Lovarra/GoLogiq on a proportionate basis when Logiq distributes 100% of its Lovarra/GoLogiq shares to these shareholders. This distribution is planned to occur on or about June 30, 2022. The AppLogiq assets includes CreateApp, the software-as-as-service platform that enables small and medium-sized businesses worldwide to create and deploy a native mobile app for their business. AppLogiq also includes platforms for mobile payments and food delivery, and the licenses of its technologies to third parties. Logiq also plans to transfer to Lovarra/GoLogiq its 31% beneficial stake in PT Weyland Indonesia Perkasa, WIP. WIP is the operator of the AtozGo(TM) food delivery service and AtozPay(TM) mobile e-wallet in Southeast Asia, which uses mobile transaction technology licensed from Logiq. The transfer of WIP is subject to the completion of related financial statements and customary conditions and approvals, which is expected to be completed by February 2022. Lovarra/GoLogiq plans to acquire the remaining 69% stake in WIP within the same timeframe.
FLWPF

Hot Stocks

07:45 EST Flowr director Jorg Cieslok resigns - Flowr would like to announce that Jorg Cieslok has resigned from the Board of Directors in order to pursue other opportunities.
FLWPF

Hot Stocks

07:44 EST Flowr provides update on product launches, sale of non-core assets - The Flowr Corporation is pleased to provide an update on its Canadian and European operations. The company said, "Following the successful launch of our latest high-THC strain, BC Strawnana, in October 2021, Flowr is pleased to announce that three new genetics, BC Lemon Ice, BC Spiced Grape and BC Mango Melon OG, have been approved for listing with the Ontario Cannabis Store in Q1 and Q2 of 2022 with additional provincial listings in progress. These additional listings will continue to offer consumers premium cannabis choices based on high-THC, strong sensory profiles and high quality buds. In addition, we recently released a new genetic, Sour Sis, as part of our Underground Series campaign. Sour Sis is an exotic high-THC strain which tested at 28% THC and 3.2% terpenes. The Underground Series is meant to provide consumers with unique product offerings that are, rare, diverse, and only available on a limited time basis. We have established a robust pipeline of new cultivars that are under R&D trial at our facilities in Kelowna, ensuring that Flowr will continue to grow its revenue base by bringing rare and in-demand products to consumers. The Company is pleased to announce the successful launch of BC Dogwalkers pre-rolls after the first shipment sold out in under twenty-one days in British Columbia. BC Dogwalkers provide consumers with Flowr's flagship strains in a 0.35 gram pre-roll format that prioritizes convenience and accessibility. The addition of BC Dogwalkers also complements our existing 0.5 gram pre-rolls to maximize revenue generation across formats. BC Dogwalkers will also launch in the Ontario Cannabis Store in January 2022, offering Ontario consumers an expanded range of Flowr products...The Company has successfully closed the previously announced sale of unused industrial land located in Kelowna, BC for gross sale price of $6.3M in cash, including $5.3M paid on closing and a further $1M cash receivable within six months upon satisfaction of certain conditions. Pursuant to the credit agreement with a syndicate of senior lenders led by ATB Financial, the Company has made an early principal repayment of $3M towards the Credit Facility using proceeds from the land sale, reducing the principal amount outstanding to $5.7M by the end of 2021. In exchange for the $3 million paydown, ATB Financial has agreed to release its security over Holigen Holdings, providing the Company greater flexibility over Holigen's capitalization. Holigen's indoor facility in Sintra, Portugal is now fully operational with all grow rooms planted and producing E.U. GMP medical cannabis. Currently two strains, BC Black Cherry and BC Strawnana, are in production with more genetics planned for 2022. The first harvest is scheduled to take place in January 2022."
TWST

Hot Stocks

07:44 EST Twist Bioscience, Sosei Group announce GPCR collaboration - Twist Bioscience and Sosei Group announced a strategic collaboration to discover therapeutic antibodies against G protein-coupled receptors, or GPCR, identified by Sosei Heptares. The collaboration will utilize Sosei Heptares' fully structurally enabled GPCR target proteins, isolated and stabilized using its proprietary StaR platform technology. Twist will leverage its proprietary antibody libraries, including two synthetic GPCR-focused antibody libraries, and apply its sophisticated bioinformatics approaches. Sosei Heptares will have exclusive, full global rights to develop and commercialize any antibody leads identified and directed to the targets of interest. Twist will be eligible for an upfront payment, ongoing R&D costs and future payments based on the achievement of predefined development milestones. No financial terms are disclosed.
CMPS

Hot Stocks

07:43 EST Compass Pathways appoints Owens as CLO, CBO Wilde moving to advisory role - Pathways announced that it has appointed Matthew Owens as General Counsel and Chief Legal Officer, CLO. Owens will join COMPASS on 1 February 2022. The company also announced that Lars Wilde, President, Chief Business Officer, CBO, and Co-founder, will be moving into a senior advisory role with COMPASS from 1 January 2022. Matthew Owens joins COMPASS from Novartis International, where he is Global Head Legal, Digital. Lars Wilde joined COMPASS in 2017 as a co-founder.
AVTX

Hot Stocks

07:42 EST Avalo Therapeutics to host virtual investor day on January 6 - Avalo Therapeutics announced it will host a virtual investor day that will be held on Thursday, January 6th from 8:00 a.m. to 10:00 a.m. ET. Avalo's upcoming virtual Investor Day will include presentations from Michael Cola, Chief Executive Officer; Garry Neil, MD, Chief Scientific Officer; H. Jeffrey Wilkins, MD, Chief Medical Officer; and other members of Avalo's senior management team. The event will provide a comprehensive update on Avalo's lead programs and clinical-stage pipeline, including: Update on the Phase 1b proof-of-concept study of AVTX-002 in Crohn's disease, upcoming plans in ulcerative colitis and discuss the long-term product development plans, including new indications; Update for the AVTX-007 development program for multiple myeloma and adult-onset Still's disease; Update for the AVTX-803 development program for leukocyte adhesion deficiency type II; Update on the Company's other pipeline programs and outline of the Company's goals for fiscal year 2022.
TPB

Hot Stocks

07:41 EST Turning Point Brands CEO Larry Wexler to retire, Yavor Efremov to succeed - Turning Point Brands announced the appointment of Yavor Efremov as president and CEO, effective January 11, 2022. Efremov succeeds the company's current CEO, Larry Wexler, who will retire in January following 18 years at TPB. Wexler will remain on the board of directors and serve as a consultant to the company following his retirement. Prior to joining Turning Point Brands, Efremov served as the CEO of Motorsport Network.
TWST SOLTF

Hot Stocks

07:41 EST Sosei Group enters agreement with Twist to discover, develop novel antibodies - Sosei Group (SOLTF) and Twist Bioscience Corporation (TWST) announced a strategic collaboration to discover therapeutic antibodies against G protein-coupled receptors (GPCR) identified by Sosei Heptares. The collaboration will utilize Sosei Heptares' fully structurally enabled GPCR target proteins, isolated and stabilized using its proprietary StaR platform technology. Twist will leverage its proprietary antibody libraries, including two synthetic GPCR-focused antibody libraries, and apply its sophisticated bioinformatics approaches. Sosei Heptares will have exclusive, full global rights to develop and commercialize any antibody leads identified and directed to the targets of interest. Twist will be eligible for an upfront payment, ongoing R&D costs and future payments based on the achievement of predefined development milestones. No financial terms are disclosed. "We are pleased to partner with Sosei Heptares, a recognized leader in the stabilization of GPCR targets," said Emily Leproust, Ph.D., CEO and co-founder of Twist Bioscience. "We believe that by leveraging our target class specific GPCR antibody library along with our discovery and optimization capabilities, we will identify key antibody leads for further development by Sosei Heptares."
WPDPF

Hot Stocks

07:39 EST WPD Pharmaceuticals signs agreement with NCRD for C$6.3M grant - WPD Pharmaceuticals announced that it was informed that the Polish National Center for Research and Development has signed an agreement with WPD for a grant of C$6.3M for the development of Liposomal Annamycin for the treatment of Acute Myeloid Leukemia. The grant signing resulted from the Company receiving a positive evaluation of its application submitted under the 6/1.1.1/2020 - Fast track competition for a grant from the Polish National Center for Research and Development. The funds will be used for the continued development of Annamycin and is expected to cover about 60% of the research activities planned for grant-funded project leading to further development of Annamycin in leukemia. The the project is intended to develop a new combination of drugs and clinical verification of its effectiveness in AML therapy. The project entitled: "Innovative approach to the treatment of acute myeloid leukemia" will be co-financed by the European Union, from the European Regional Development Fund, under the Smart Growth Operational Program 2014-2020. The NCRD is an executive agency of the Polish Minister of Science and Higher Education. It was established as a unit to implement tasks in the field of science, technology and state innovation policy. The chief aim of the centre is to support the creation of innovative solutions and technologies that increase the competitiveness and innovation of the Polish economy.
OMIC

Hot Stocks

07:39 EST Singular Genomics launches the G4 sequencing platform - Singular Genomics Systems announced the commercial launch of the G4, the benchtop sequencer. The next-generation sequencing, NGC, platform features chemistry and advanced engineering to deliver accuracy, flexibility, speed and power for a range of applications. Orders for the G4 instrument and consumable kits are now being accepted, with shipments expected to begin in the second quarter of 2022. "The genomic tools and technologies developed over the last two decades have greatly improved our understanding of biology, advanced clinical diagnostics and empowered the development of novel therapies. Yet, real limitations remain, such as long run times, labor-intensive protocols, lack of run flexibility and high cost," said Drew Spaventa, Chairman and Chief Executive Officer of Singular Genomics. "We listened to the sequencing community and developed a sequencing platform to solve real pain points for a broad set of customers. The G4 offers a combination of speed, power, versatility and flexibility unmatched in the market that will seamlessly integrate into any existing lab ecosystem, providing a true plug-and-play solution for both researchers and clinicians."
QIPT

Hot Stocks

07:38 EST Quipt Home Medical anticipates temporary delay in filing of financial statements - Quipt Home Medical announces that it anticipates that it will miss the deadline of December 29, 2021 to file the Company's audited annual financial statements and management discussion & analysis for the financial years ended September 30, 2021 and 2020, and the CEO and CFO certificates, all as required by National Instrument 51-102 and National Instrument 52-109. The delay is due, in part, to the accelerated deadline for the Company to complete the Documents as a result of its listing its Common Shares for trading on the Nasdaq Capital Market and the expedited basis in which the Company's auditors had to complete the audit. Accordingly, the Company has informed the British Columbia Securities Commission of its anticipated delay in filing the Documents and has applied to the BCSC pursuant to Part 4 of National Policy 12-203 - Management Cease Trade Orders for a Management Cease Trade Order pending the filing of the Documents, which MCTO will prohibit the Company's management from trading in the securities of the Company until such time as the Documents are filed. No decision has yet been made by the BCSC on this application. If a MCTO is issued, during the period of default and until the filing of the Documents, the Company intends to satisfy the provisions of the "alternative information guidelines" as set out in NP 12-203, including the requirement to file bi-weekly status reports in the form of news releases containing prescribed updating information. There can be no assurance that a MCTO will be issued. The Company intends to work diligently and expeditiously with its Auditors and expects to file the Documents as soon as possible but no later than its historical deadline of January 28, 2022. Until the Company has filed the Documents, members of the Company's management and other insiders are subject to an insider trading black-out as per its insider trading policy. The Company confirms that, other than as disclosed in prior press releases and material change reports, there have been no material business developments since the filing of the Company's latest interim financial report. The Company is not currently subject to any insolvency proceedings. If the Company provides any information to any of its creditors during the period in which it is in default of filing the Documents, the Company confirms that it will also file material change reports on SEDAR containing such information as is required.
NCNO

Hot Stocks

07:37 EST nCino selected by Armstrong Bank, to deploy Bank Operating System - nCino announced that Armstrong Bank will deploy the nCino Bank Operating System across multiple lines of business. The nearly $3B-asset sized community bank, with a footprint in Oklahoma and Arkansas, will move its business to a single digital platform. Armstrong will deploy multiple solutions on the nCino platform, including nCino's Commercial, Small Business and Retail Banking Solutions, as well as nCino's Deposit Account Opening Solution. "At Armstrong Bank, we take pride in knowing our customers and understanding their unique needs so that we can provide exceptional customer service," Armstrong Bank President Ryan Quidley said. "Partnering with nCino will offer our customers a seamless experience so that our bankers can serve our customers in an even more personalized manner going forward." Armstrong Bank continues to invest in its infrastructure, and technology, and the solutions on the nCino platform will help replace several products with an automated digital platform for its clients. nCino will also streamline account openings for the institution by incorporating automation and analytics into the process, reducing paperwork, and shortening the time it takes to open accounts to less than five minutes.
QIPT

Hot Stocks

07:35 EST Quipt Home sees annual run-rate revenue $180M-$190M by end of CY 2022 - As disclosed on November 16, 2021, based on the current operations, market trends and completed and prospective acquisitions, the Company is reiterating it outlook for its annual run-rate revenue by the end of calendar 2022, Fiscal Q1 2023, to be $180-$190 million with $38-$43 million in Adjusted EBITDA. CDO, Hardik Mehta added, "We are extremely proud of the record preliminary results we are seeing in our fiscal fourth quarter and are excited about the positioning we have built within the industry landscape as we continue to strategically grow both organically and inorganically. The two LOI's announced on November 16 and 22, 2021, are both expected to be closed using cash on hand and our existing debt facility. "Furthermore, as disclosed in a separate press release today, due to the accelerated timeline to complete the filing of our audited financials as a result of the listing of our common shares on Nasdaq Capital Markets our auditors have informed us that they will unfortunately be unable to complete the audit within the compacted time period. We will continue to work diligently and expeditiously with them to complete the audit on or before January 28, 2022."
EBS

Hot Stocks

07:35 EST Emergent BioSolutions initiates of Phase 1 study of influenza vaccine candidate - Emergent BioSolutions announced the first participant dosed in its phase 1 study, EBS-UFV-001, evaluating the safety, tolerability, and immunogenicity of the company's investigational universal influenza vaccine candidate. This current version of Emergent's universal influenza vaccine candidate contains multiple components intended to induce broad and supra-seasonal immunity against influenza A viruses. "Emergent remains focused on investing in our diverse portfolio of R&D programs targeting infectious disease and other public health threats," said Kelly Warfield, Ph.D., senior vice president, research and development at Emergent BioSolutions. "Initiating this phase 1 study demonstrates our commitment to advancing our pipeline and our research and development team's scientific prowess to adopt an innovative technology and investigate a potential vaccine candidate for a disease that affects millions every year." The goal of this single-center, randomized, double blind, placebo-controlled dose-escalation study is to evaluate the safety, tolerability, and immunogenicity of the vaccine candidate at two dose levels and two schedules in 60 healthy adult individuals aged 18 to 45. This phase 1 study, being conducted in Australia, is fully funded by Emergent.
DGLY

Hot Stocks

07:33 EST Digital Ally's TicketSmarter enters partnership with New Orleans Pelicans - Digital Ally announces that TicketSmarter, a Digital Ally company, has entered a partnership with the New Orleans Pelicans as a Proud Partner to provide fans with a "smarter" way to buy and sell tickets. The Pelicans join a growing list of professional basketball organizations in the U.S. partnering with TicketSmarter. "As we acquired TicketSmarter in the third quarter of 2021 we were optimistic in the growth potential Jeff Goodman and his team showed," said Stan Ross, CEO of Digital Ally, adding, "Immediately TicketSmarter has shown its capability to scale its platform to handle any size partnership. We are proud of the trust the Pelicans have placed in TicketSmarter to give their fans the best ticket buying and selling experience."
XOMA

Hot Stocks

07:32 EST Xoma announces CEO Neal appointed as chairman - XOMA Corporation announced the appointment of Jim Neal, Chief Executive Officer of XOMA, as Chairman of the Board. W. Denman Van Ness, who has served as XOMA's Chairman of the Board since 2011, will continue as Lead Independent Director. Under Neal's leadership, XOMA has established itself as royalty aggregator with a strong balance sheet. The Company also announced Neal has communicated his intention to position XOMA for its next phase of growth and retire from his operational role as Chief Executive at such time as his successor has been appointed. The Company plans to commence a search process led by Neal.
HRB SQ

Hot Stocks

07:32 EST H&R Block files trademark infringement lawsuit against Block - H&R Block (HRB) has filed a lawsuit against Block (SQ), formerly known as Square, seeking to enjoin the latter's infringement of Block's family of trademarks. The company said. "The goodwill and brand identity that Block has carefully cultivated and nurtured over the last 65 years is under attack by the Silicon Valley fintech company, which announced plans on December 1, 2021 to rebrand as Block, Inc. The newly named Block, Inc. competes directly with Block in several areas of financial services, including tax preparation through its recent purchase of Credit Karma Tax, now called Cash App Taxes. Through many decades of hard work by its franchisees and associates, and billions of dollars invested in marketing, Block has built a valuable brand that has earned and maintained the trust and loyalty of millions of consumers. Rather than generating its own brand equity, Block, Inc. appears to be taking a shortcut to capitalize on the well-known Block moniker. This is a clear violation of Block's trademark rights, which threatens to confuse consumers and cause harm...Indeed, in the two weeks since the name change was announced, there already have been numerous indications that consumers are drawing a link between the companies due to Block, Inc.'s choice to co-opt the Block name."
DAL

Hot Stocks

07:27 EST Delta CEO tells CNBC carrier has had 'really strong' close to the year - "The combination of stronger revenues coupled with a little bit of moderation in fuel prices is going to result in a profit for us," CEO Ed Bastian said on CNBC.
DAL

Hot Stocks

07:27 EST Delta CEO 'very optimistic' about spring, summer travel, Bastian tells CNBC - CEO Ed Bastian is speaking in an interview on CNBC.
DAL

Hot Stocks

07:25 EST Delta Air Lines CEO says omicron to have 'some impact' on Q1 - CEO Ed Bastian tells CNBC that omicron may delay the return to office by a couple of months. He adds that masks are going to be "important for awhile yet."
DAL

Hot Stocks

07:25 EST Delta CEO 'very oprimistic' about spring, summer travel, Bastian tells CNBC - CEO Ed Bastian is speaking in an interview on CNBC.
ARES

Hot Stocks

07:22 EST Ares Management sells stake in Convergint to LGP, Harvest Partners - Ares Management announced that Leonard Green & Partners, or LGP, and funds managed by Harvest Partners, have purchased equity in Convergint from a fund managed by Ares' Private Equity Group and other existing shareholders. As a result of the transaction, Ares, LGP and Harvest will be financial partners with the company. Headquartered in Illinois, Convergint is a service-based systems integration company, working alongside a global network of partners and manufacturers to design, install and service security, fire alarm, life safety, audio-visual and building automation solutions for enterprise customers. Convergint maintains a global footprint with more than 7,100 colleagues in over 150 locations worldwide. With Ares' sponsorship, the company has experienced growth with revenue and EBITDA more than doubling since 2017.
FMTX

Hot Stocks

07:20 EST Forma announces results from olutasidenib, azacitidine combination study - Forma Therapeutics announced the company's investigational oral, selective mIDH1 inhibitor combined with azacitidine yielded durable complete remission, or CR, or CR with partial hematologic recovery, or CRh, responses with favorable tolerability in patients with the mIDH1 form of acute myeloid leukemia, or AML. These findings, the first Phase 2 results of olutasidenib used in combination with a chemotherapy, were presented in an oral session on December 13 at the 63rd American Society of Hematology, or ASH, annual meeting. The findings support the potential of olutasidenib as the basis of combination therapy in patients with AML who have not achieved a durable response from prior therapy. In addition, a poster, presented on December 12 at ASH, reported on the molecular characteristics of the mIDH1 of patients in the trial who responded to olutasidenib when administered as monotherapy. The oral presentation reports an analysis of four patient cohorts from the pivotal open-label Phase 2 arm of an ongoing Phase 1/2 study, who received olutasidenib dosed 150 milligrams twice daily continuously during 28-day cycles plus azacitidine, as of June 16. Azacitidine, a hypomethylating agent was administered daily as an intravenous or subcutaneous injection therapy for days one to seven of each cycle. Investigators enrolled patients into one of the four groups based on their disease status and prior therapy and recorded the best overall response for the primary endpoint of a composite complete remission, or CR, plus CR with partial hematologic recovery, or CRh, rate. The group of patients who had not yet received therapy for their AML and were candidates for azacitidine as a first-line treatment had CR/CRh rate of 45%. The other three groups enrolled patients who had relapsed/refractory AML that, respectively, had prior HMA therapy; had prior therapy with an IDH1 inhibitor, including olutasidenib monotherapy; and were candidates for azacitidine as a first-line treatment. The CR/CRh rates for these groups were 38%, 30% and 47% respectively. Olutasidenib was well tolerated in the trial in combination with azacitidine and the combination had a safety profile largely consistent with that of olutasidenib alone. Treatment-emergent adverse events, or TEAEs, occurring in 25% or more of the participants included nausea, constipation, vomiting, thrombocytopenia, diarrhea and neutropenia. TEAEs of grade 3 or 4 in more than 10% of participants included neutropenia, thrombocytopenia, anemia and febrile neutropenia. TEAEs of QTc prolongation occurred in five participants, of whom two experienced grade 3 QTc prolongation, and none discontinued olutasidenib. TEAEs associated with liver enzyme abnormalities occurred in 15 participants with grade 3/4 in six Investigator-assessed IDH1 differentiation syndrome in six patients, of whom most resolved with treatment interruption, dexamethasone, and/or supportive treatment, while two patients had concomitant leukocytosis.
SLGG LVO

Hot Stocks

07:20 EST Super League Gaming, LiveOne partner on multi-year, multi-even deal - LiveXLive, a wholly-owned subsidiary of LiveOne (LVO), and Super League Gaming (SLGG) announced that they have formed a strategic partnership to create experiences within the metaverse tied to LiveOne's music, lifestyle and pay-per-views events. "Together, the companies plan to offer fans and gamers alike opportunities to enjoy immersive 3D environments featuring exclusive content, unique virtual goods, NFTs, and gamified activities that drive increased affinity and socially-connected engagement," the companies said. Starting today, the two companies will work together to identify specific music and gaming events that can be activated in virtual spaces within some of the world's largest metaverse platform. Audiences of all ages will have the opportunity to experience music performances while also exploring a visual world. Within the LiveOne virtual metaplex will be multiple stages, special kiosks for purchasing merchandise, VIP rooms for avatar-based meet-and-greets, interactive competitions offering fun prizes, and more. Following active collaboration between the two companies, Super League will be responsible for the creation and management of the LiveOne metaverse environment, inclusive of user testing, ongoing user support, and regular updates that keep fans and players alert and engaged.
ITMZF

Hot Stocks

07:19 EST Intema congratulates Parabellum Esports on recent win - Intema Solutions is excited to provide an update on Parabellum Media, owner of Parabellum Esports and Northern Shield Academy. Intema recently signed a letter of intent to acquire Parabellum. On December 12, 2021, Parabellum Esports won a very significant promotion match to earn a spot in the highly coveted Rainbow Six North American Pro League. The team is planning to move to Las Vegas to begin training for the 2022 season. They will be joined by some of the biggest esports teams in the world, including Astralis, TSM and Spacestation Gaming. The 2021 North American League saw nine teams compete for over US$400,000 in prizing plus the chance to compete at the Six Invitational, which has a prize pool of US$3,000,000. The league is played on Local Area Network in Las Vegas, which will continue to be the case throughout the 2022 season.
NLCP

Hot Stocks

07:18 EST NewLake Capital Partners raises quarterly dividend 29% to 31c per share - NewLake Capital Partners announced that its board of directors has declared a fourth quarter 2021 cash dividend of $0.31 per share of common stock. The dividend is equivalent to an annualized dividend of $1.24 per common share, and is an approximate 29% increase over third quarter annualized dividend of $0.96 per common share. The dividends are payable on January 14, 2022 to stockholders of record at the close of business on December 31, 2021.
LYTS

Hot Stocks

07:17 EST LSI Industries expands into turnkey solar projects - LSI Industries announced that it is expanding its offering of energy-efficient technologies to include turnkey solar installations for petroleum fueling stations. The first project, at an Austin, Texas Speedy Stop, demonstrates LSI's project capabilities that span from concept to installation. The Speedy Stop site features LG solar panels mounted on the fuel canopy and car wash that will generate more than 170,000 kWh of solar energy annually and reduce the site's energy consumption by 18%. The project is expected to be completed in the first quarter of 2022. "In line with a host of energy-efficient solutions, we continue to expand into technologies that help our customers reduce their carbon footprint and operating expenses. This turnkey solar installation supports the continued development of LSI's Service Business model," said James Clark, President and CEO of LSI Industries. "Our vertical value proposition continues to resonate with new and existing customers who recognize the benefit of working with a proven U.S.-based manufacturer that focuses on their business. This project with Thomas Fuels' Speedy Stop demonstrates our commitment to the clean energy market and is an example of LSI's dedication to green innovation."
TPRFF

Hot Stocks

07:17 EST GCM Mining announces intercepts from drilling programs at Segovia - GCM Mining announced multiple high-grade intercepts from the latest 130 diamond drill holes, totaling 30,714 meters, from the 2021 in-mine and near-mine drilling programs, as well as 28 diamond drill holes, totaling 6,946 meters, from the 2021 brownfield drilling programs at its Segovia Operations. The Company also announced the assay results from 8 additional kick-off diamond drill holes from the ongoing directional drilling program at the El Silencio Deep Zone. Significant high-grade intercepts from the latest drill results include: In-mine and near-mine drilling Sandra K: 138.25 g/t Au and 574.0 g/t Ag over 0.33 meters on the Sandra K Techo Vein; Sandra K: 120.77 g/t Au and 682.0 g/t Ag over 0.54 meters on the Sandra K Techo Vein; Chumeca: 26.89 g/t Au and 17.2 g/t Ag over 0.55 meters on the Chumeca Footwall Vein; El Silencio: 128.78 g/t Au and 43.7 g/t Ag over 0.30 meters on the Manto Vein; El Silencio: 28.20 g/t Au and 24.7 g/t Ag over 0.75 meters on the 450 Vein; El Silencio: 66.87 g/t Au and 12.9 g/t Ag over 0.74 meters on the Manto Vein; Providencia: 53.66 g/t Au and 26.1 g/t Ag over 0.46 meters on the Providencia Footwall Vein; Carla: 25.46 g/t Au with 24.6 g/t Ag over 0.39 meters on the La Gran Colombia Hanging-wall Vein. Brownfield drilling Vera: 1.83 g/t Au and 432.3 g/t Ag over 0.42 meters on the Lluvias Vein; Marmajito: 22.56 g/t Au and 21.8 g/t Ag over 0.54 meters on the Marmajito Vein.; Manzanillo: 41.22 g/t Au and 58.2 g/t Ag over 0.63 meters on the Manzanillo Vein; La Guarida: 62.34 g/t Au and 37.3 g/t Ag over 0.40 meters on the La Guarida Vein. The ongoing 2021 in-mine and near-mine infill and step-out drilling programs commenced in early January with four diamond drill rigs operating from purpose-built underground drill stations and comprise a total of approximately 40,000 meters, or about 67% of the total drilling program for this year. In-mine and near-mine infill and step-out drilling is focused on replacing the 2021 mining production and organic growth through resource and reserve expansion at the Company's core operating mines. The other 33% of the planned drilling campaign for 2021, which is focused on achieving new resources from the brownfield exploration targets encompassing the 24 veins within the Segovia mining title that are not currently in production, commenced in late 2020 at the Vera Project with one diamond drill rig operating from purpose-built surface drill stations. 100% of the total in-mine and near-mine drilling campaign for 2021 and approximately 50% of the brownfield exploration drilling campaign were completed by the end of October. GCM Mining currently has eight diamond drill rigs in operation at Segovia. Two rigs are carrying out resource definition in the Sandra K mine from one purpose-built surface platform and one underground drill station within the underground developments of the Sandra K mine; two rigs are operating from two purpose-built underground drill stations within the underground developments of the El Silencio mine testing the 450 and Manto veins from Level 38 and the National Vein from the Lejanias sector; one rig is operating from surface at Carla to follow-up the high-grade intercepts encountered at depth during the 2020 drilling campaign; two rigs are operating from surface on the La Guarida-Cristales Trend; and one rig is operating from surface at Vera testing the northeastern extension of the vein system and a soil gold anomaly.
APLT

Hot Stocks

07:15 EST Applied Therapeutics announces initiation of Phase 2/3 study of AT-007 - Applied Therapeutics announced the initiation of a registrational phase 2/3 study of AT-007 in Sorbitol Dehydrogenase, SORD, Deficiency. The study, termed INSPIRE, will investigate biomarker efficacy, clinical outcomes and safety in people living with SORD Deficiency treated with AT-007 vs. placebo. Inhibition of Aldose Reductase addresses the underlying cause of SORD Deficiency. In a pilot open-label study in 8 SORD Deficiency patients, AT-007 reduced blood sorbitol levels by approximately 66% from baseline through 30 days of treatment. The range of reduction from baseline in patients was 54%-75%. AT-007 was safe and well tolerated in all treated patients. The global registrational phase 2/3 placebo-controlled trial is designed to evaluate both biomarker efficacy and clinical outcomes in patients with SORD Deficiency. The primary biomarker efficacy endpoint will measure reduction in sorbitol at 3 months of treatment compared to baseline. The primary clinical outcome measure will assess changes in Charcot-Marie-Tooth Functional Outcome Measures lower limb function domain. Key secondary clinical outcomes include CMT-FOM domain sub-scales, CMT Health Index patient reported outcomes, fatigue assessment and muscle MRI.
ML

Hot Stocks

07:15 EST MoneyLion to acquire Even Financial for $440M, sees accretion - MoneyLion announced that it has agreed to acquire Even Financial, the embedded finance marketplace. The transaction provides for total consideration to Even's equity holders of up to $440M, using a convertible financing structure that values MoneyLion at its initial public listing price of $10 per share. The transaction is expected to be accretive to MoneyLion's earnings with Even expected to add $90M of revenue and positive EBITDA in 2022. MoneyLion will pay a total purchase price of up to $440M to acquire Even, using a convertible financing structure that values MoneyLion at its initial public listing price of $10 per share, comprised of: a $360M upfront payment comprised of $15M in cash and $345M in preferred shares that are convertible into 34.5M MoneyLion common shares at $10 per share. Subject to the successful achievement of certain revenue targets, a potential earn-out of up to $80M, payable up to 8M in preferred shares valued at $10 per share. Unconverted preferred shares carry a 3% annual dividend payable in common equity or cash, at MoneyLion's discretion. Even employees will be subject to a lock-up of 12 months following closing of the transaction; all other Even shareholders will be subject to a lock-up until March 22, 2022. The transaction is expected to be accretive to MoneyLion's 2022 earnings. The transaction is expected to close in the first quarter of 2022, subject to regulatory approvals and other customary closing conditions
POOL

Hot Stocks

07:14 EST Pool Corp. finalizes acquisition of Porpoise Pool & Patio - Pool Corporation has completed its previously announced acquisition of Largo, Florida-based Porpoise Pool & Patio. Porpoise's primary operations consist of Sun Wholesale Supply, Inc., a wholesale distributor of swimming pool and outdoor-living products, including a specialty chemical packaging operation. It also services Pinch A Penny, Inc., a franchisor of pool and outdoor living-related specialty retail stores with approximately 260 independently owned and operated franchised stores in Florida, Texas, Louisiana, Alabama and Georgia.
PRQR

Hot Stocks

07:14 EST ProQR Therapeutics doses first patients in Phase 2/3 trials of QR-421a - ProQR Therapeutics announced the first patients dosed in Phase 2/3 Sirius and Celeste clinical trials of investigational RNA therapy QR-421a for people with USH2A mediated retinitis pigmentosa and Usher syndrome.
CERE

Hot Stocks

07:13 EST Cerevel Therapeutics, Herophilus announce collaboration in neuropsychiatry - Cerevel Therapeutics announced a phased multi-year, joint research collaboration in neuropsychiatry. The collaboration integrates the expertise in neuroscience drug discovery at Cerevel Therapeutics with disease models and the AI-enabled deep phenotyping from Herophilus. Herophilus' proprietary neuroimmune patient-derived brain organoids and neuroimmune genetically engineered brain organoids are designed to overcome the limitations of traditional animal models by incorporating human-specific genes with known relevance to schizophrenia. Phil Iredale, Ph.D., head of biology at Cerevel Therapeutics added, "Increasing our confidence in the translatability of preclinical models is a primary concern of neuroscience research. The potential to incorporate human genetics into a reproducible and scalable in vitro system, that emulates some of the complex synaptic biology of the brain, provides an attractive platform for novel target discovery. We are looking forward to working together with Herophilus to advance new and much-needed breakthroughs in treatments for schizophrenia." The therapeutic strategies pursued under this collaboration are novel and are designed to enable the development of therapies with the potential to improve or reverse several aspects of schizophrenia.
USAS

Hot Stocks

07:12 EST Americas Gold and Silver provides production update for Cosala Operations - Americas Gold and Silver provided a brief update to production following the re-opening of the company's Cosala Operations. On December 1, the company announced the Los Braceros plant has returned to nameplate production. Since this date, the mill has seen steady production over the 15 days of the month. Averaging over 1,600 tonnes milled of ore per day. Approximate average mill feed grades of 55 g/t silver, 4.5% zinc and 1.9% lead The company will be providing details for December production and the continued ramp-up for the Cosala Operations in early January 2022. Starting in January 2022, the company expects to increase the throughput to an average of 1,800 tons per operating day. Initial production will focus on maximizing near-term free cash flow by mining high-grade zinc areas of the Main Zone which were fully developed prior to the illegal blockade. Over the course of the next six months, the mine will continue development into the Upper Zone, which carries silver grades approximately five to six times higher than the Main Zone. Mining the silver-rich areas of the Cosala Operations is expected to significantly increase silver production to over 2.5M ounces of silver per year.
CDNA

Hot Stocks

07:12 EST CareDx enrolls first patient in LungCare registry study - CareDx announced the enrollment of the first patient in the multicenter, observational, prospective ALAMO registry to improve lung transplant patient care. The AlloSure Lung Assessment and Metagenomic Outcomes, ALAMO, registry will enroll 1,000 patients from lung transplant centers across the United States. The registry will follow patients using LungCare. AlloSure is a donor-derived cfDNA test which identifies organ injury, AlloMap is a gene expression test which identifies immune quiescence, and AlloID is a metagenomic infectious disease test which identifies more than 100 pathogens specific to organ transplant patients. The ALAMO registry will examine CareDx's LungCare to inform biopsy and treatment decisions following lung transplantation. Its primary endpoints are three-year survival without chronic lung allograft dysfunction and three-year, severe infection-free survival.
KXIN

Hot Stocks

07:11 EST Kaixin Auto announces intention order for 10,000 electric vehicles - Kaixin Auto Holdings announces that it has reached a strategic partnership agreement with Beijing Bujia International Logistics Limited, which agrees to order at least 10,000 new energy trucks from Kaixin in the next 5 years. The total dollar amount of this intention order is above $500M. Bujia is China's leading automotive new retail logistics and service terminals platform. Over the next 5 years, it plans to establish 300 automotive logistics transfer warehouses and 1,000 automotive terminal delivery centers. Bujia will integrate a fleet of more than 60,000 delivery trucks participating in its logistics operations, of which new energy trucks will account for no less than 30%.
AKTS

Hot Stocks

07:10 EST Akoustis receives purchase order from mobile customer - Akoustis Technologies announced that it has received a purchase order from a new tier-1 module maker customer for the development of a 5G mobile XBAW filter. Akoustis plans to help develop initial samples of the filter in the next several months and establish a foundry arrangement with the customer targeting production ramp in the second half of calendar 2023. The new customer is a multi-billion-dollar tier-1 module maker that plans to use Akoustis' patented XBAW technology to deliver best-in-class 5G mobile modules in challenging bands above 2GHz. Upon successful delivery of this initial filter, the Company expects the customer will look to develop additional 5G mobile filters using the Company's XBAW and Process Design Kit, creating the opportunity for an expanded foundry relationship.
FPI

Hot Stocks

07:10 EST Farmland Partners purchases over 8,000 acres in Louisiana - Farmland Partners finalized two farm purchases in eastern Louisiana, totaling more than 8,000 acres. The company now owns four farms and more than 17,000 acres in the state. The biggest of the two farms is in Avoyelles Parish and has 7,273 contiguous acres - 6,553 of which are tillable. The farm, which grows corn, cotton, rice, soybeans, and grain sorghum, was purchased for $25.1M. Additionally, a 732-acre farm in West Carroll Parish was acquired for $3.6M. Corn, soybeans, wheat, and sweet potatoes are grown on 689 acres of the land. Leases for the farms include cash rent and bonus rent and are expected to yield 3.5%-4% annually, assuming crop production and prices in line with recent historical production and crop prices on the acquired farmland.
KYMR

Hot Stocks

07:10 EST Kymera Therapeutics discloses new KT-474 clinical data - Kymera Therapeutics announced significant advances across its clinical stage pipeline, new programs and platform investments at its first R&D Day. Nello Mainolfi, Founder, President and Chief Executive Officer stated, "This past year has been marked by strong execution... These programs include... KT-474... the first degrader program targeting an undrugged transcription factor; and the first program targeting a genetically- defined subset of diffuse large B cell lymphoma. Today, we also disclosed our new development candidate, KT-253, a first-in-class MDM2 degrader, which we believe has the potential to be the best-in-class p53 stabilizer for a wide variety of solid and liquid tumors, with an IND filing expected in 2022." Key Portfolio Updates and Progress: KT-474: Multiple Ascending Dose data included results from the first four KT-474 multiple ascending dose cohorts at doses ranging from 25 to 200 mg, comprising 48 healthy volunteer subjects randomized 9:3 to either 14 daily oral doses of KT-474 or placebo. The data demonstrated potent, marked IRAK4 reduction in peripheral blood mononuclear cells measured by mass spectrometry at doses substantially lower than those required in the single ascending dose, with steady-state degradation at Day 14 of 92% at the lowest dose level and 96-98% at the two highest dose levels, where IRAK4 was reduced to near the lower limit of quantitation of the assay. Proof of mechanism: at the top dose of 200 mg, mean IRAK4 levels were reduced to near the LLOQ by the final day of dosing on Day 14, where continued decline in IRAK4 suggested that steady-state degradation had not yet been achieved. Proof-of-biology was observed in MAD cohorts at considerably lower doses, with the 100 mg dose reaching 85% inhibition. Prolonged suppression of IRAK4 in blood and skin for at least 14-21 days with KT-474 multi-dosing was safe and well-tolerated. The study is on track to initiate an open-label cohort in up to 20 HS and AD patients in 1Q22 with data read-outs planned for mid-year, followed thereafter by the start of Phase 2 studies in multiple indications.
XERS

Hot Stocks

07:10 EST Xeris Biopharma announces UK availability of Ogluo - Xeris Biopharma announced that its commercialization partner, Tetris Pharma has launched Ogluo in the United Kingdom and it is now available by prescription for the treatment of severe hypoglycemia in adults, adolescents, and children aged two years and over with diabetes mellitus. In July, Xeris announced a licensing agreement with Tetris for the commercialization of Ogluo in the European Union area, the UK, and Switzerland. Under the terms of the applicable agreements, Xeris is responsible for product supply and Tetris is responsible for the commercialization of Ogluo in the Territory, starting with the UK. Tetris aims for Ogluo to be launched in several countries across Europe during 2022.
PZG

Hot Stocks

07:09 EST Paramount Gold Nevada submits plan of operation for Grassy Mountain - Paramount Gold Nevada announced that it has submitted a modified Plan of Operation to the Bureau of Land Management, for its proposed mining operations in Eastern Oregon. The modified Plan addresses comments received from the BLM's review of the initial Plan, requests from state agencies and modifications that the Company has made to its proposed mining operations based upon a robustly economic Feasibility Study. Once the application is deemed complete by the BLM, they will register a Notice of Intent ("Notice") in the Federal Register notifying the public of the upcoming environmental analysis. The registration of the Notice initiates the National Environmental Policy Act which in turn triggers the Environmental Impact Statement in which the BLM and the public collaborate to define the range of issues and potential alternatives to be addressed in the EIS. HDR Inc., an independent contractor selected by the BLM, will complete the final EIS, in a process expected to take approximately 12 months The EIS process ends with the issuance of the Record of Decision that explains the BLM's decision regarding the proposed mining operations. Paramount requires permits from Malheur County, the State of Oregon and at the federal level from the BLM in order to construct and operate its proposed high-grade, underground Grassy Mountain gold mine. The Company has received and renewed all County permits, expects to submit a modified CPA to the State prior to year-end, and as such, the submission of the modified Plan to the BLM represents the final application required for operation. Paramount expects to submit a modified Consolidated Permit Application to the State of Oregon prior to the end of 2021. The CPA and the Plan must coincide to fulfill each other's requirements; accordingly, the modified Plan also includes changes requested at the State level but not necessarily requested by the BLM.
EVFM

Hot Stocks

07:09 EST Evofem and Orion Biotechnology collaborate to develop HIV prevention product - Evofem and Orion Biotechnology Canada have entered into a collaboration agreement to evaluate the compatibility and stability of Orion's novel CCR5 antagonist, OB-002, in Evofem's Phexxi vaginal gel with the goal of developing a Multipurpose Prevention Technology product candidate for indications including the prevention of HIV in women. There are limited methods available to prevent transmission of HIV, and no products are approved to simultaneously prevent pregnancy, STIs and HIV. This collaboration will focus on determining compatibility and stability of OB-002 in Phexxi and is expected to yield results in 3Q22. Assuming positive results, the companies will seek government and philanthropic funding for subsequent clinical trials of the MPT vaginal gel product candidate. In trials to date of Orion's novel CCR5 antagonist, OB-002 has demonstrated best-in-class in vitro potency. OB-002 was 100% effective in blocking transmission of HIV infection in a non-human primate model. A 15-subject Phase 1 study of vaginally administered OB-002 gel demonstrated that the OB-002 gel was safe and well tolerated, with no evidence of systemic absorption. Top-line data is expected from Evofem's pivotal Phase 3 trial for the prevention of chlamydia and gonorrhea in women in the second half of 2022.
VIAO

Hot Stocks

07:08 EST VIA Optronics receives IATF 16949 certification for German facilities - VIA Optronics announced that VIA optronics AG and VIA optronics GmbH have attained IATF 16949 certification for automotive quality management systems for its Nuremberg, Germany headquarters and manufacturing site.
MCRB

Hot Stocks

07:07 EST Seres Therapeutics announces preliminary microbiome data analyses from ECO-RESET - Seres Therapeutics announced preliminary microbiome data analyses from the Phase 2b ECO-RESET study evaluating SER-287 in patients with mild-to-moderate ulcerative colitis, or UC. Following the topline clinical data readout in July, which noted that the SER-287 Phase 2b study did not achieve its primary endpoints, analysis of the microbiome data demonstrated the successful engraftment of SER-287 bacterial species. The company continues to conduct analyses on its SER-287 and SER-301 UC clinical stage programs to inform next steps for further development. Based on the SER-287 Phase 2b microbiome data analyses, engraftment of SER-287 bacteria was statistically significant in patients receiving SER-287 versus placebo. The magnitude and kinetics of engraftment were comparable to Seres' Phase 1b study. However, unlike the Phase 1b study, anticipated changes in disease-relevant metabolites post-administration with SER-287 in the Phase 2b study were not observed. Analysis of the genomic and metabolomic data characterizing the microbiome of SER-287 study participants at baseline and post dosing suggest potential biomarkers for inclusion in future development efforts. UC is a biologically and clinically heterogeneous disease and the company believes that a biomarker-based patient selection approach may enable future development to focus on individuals most amenable to a microbiome-based therapeutic intervention.
RBT FOUN

Hot Stocks

07:07 EST Rubicon Technologies to go public through merger with Founder SPAC - Rubicon and Founder SPAC announced a definitive agreement that will result in Rubicon becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Rubicon Technologies and be listed on the New York Stock Exchange under the new ticker symbol "RBT." The company will continue to be based in Lexington, Kentucky, and led by Nate Morris, Founder and CEO of Rubicon, and other key executive leadership. The companies said, "Founded in 2008, Rubicon is the world's largest digital marketplace for waste and recycling, and a global leader in providing cloud-based waste and recycling solutions to businesses and governments. As the digital challenger to status quo waste companies, the company has developed and commercialized proven, cutting-edge software that brings transparency and environmental innovation to the waste and recycling industry, enabling customers to make data-driven decisions that lead to more efficient and effective operations and yields more sustainable outcomes. Using proprietary technology in Machine Learning, Artificial Intelligence, computer vision, and Industrial Internet of Things for which the company has secured more than 50 U.S. and international patents, Rubicon has built the world's leading technology platform aimed at modernizing the centuries-old $2.1T global waste and recycling industry. Fast Company named Rubicon to its annual list of the "World's Most Innovative Companies" for 2021. Through its suite of cutting-edge software solutions, Rubicon has driven innovation in one of the business world's toughest industries, reimagined the customer experience, and empowered a wide range of customers, from small businesses to Fortune 500 companies, to municipal and city agencies, to optimize their waste handling and recycling programs. The implementation of Rubicon's solutions enables customers to find significant economic value in their physical waste streams by improving business processes, reducing costs, and saving energy while helping those customers confidently execute their sustainability goals. Rubicon's long-term recurring revenue streams, low customer churn rate, triple-digit net revenue retention rate, and impressive growth trajectory since inception distinguish the company as the global leader in optimizing the waste and recycling industry. Annual revenues validate the inherent value of Rubicon's solutions which are expected to exceed $577M in 2021, with an enviable roster of Blue-Chip customers, including corporations such as Apple, Walmart, Starbucks, Chipotle, and FedEx, as well as major U.S. city governments including Kansas City, MO, Baltimore, MD, and Columbus, OH." The business combination values Rubicon at an implied $1.7B pro forma enterprise value, at a price of $10.00 per share, assuming no redemptions by Founder SPAC shareholders. The boards of directors of Founder SPAC and Rubicon have approved the proposed transaction, which is expected to be completed in the second quarter of 2022, subject to, among other things, the approval by Founder SPAC's stockholders and satisfaction or waiver of other customary closing conditions. The transaction will result in gross proceeds of approximately $432M to Rubicon, including a $111M fully committed PIPE, anchored by Palantir Technologies, the New Zealand Super Fund, and Rodina Capital.
WING

Hot Stocks

07:06 EST Wingstop names Donnie Upshaw as Chief People Officer - Wingstop announced the appointment of Donnie Upshaw to Chief People Officer. Donnie joined Wingstop in 2018 and most recently served as Senior Vice President of People.
ODFL

Hot Stocks

07:06 EST Old Dominion announces 4.9% general rate increase - Old Dominion announced a general rate increase, or GRI, of 4.9% applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective January 3, 2022. Todd Polen, Old Dominion's VP-pricing services, commented, "At Old Dominion, we are committed to delivering our premium value proposition of on-time, claims-free service at a fair price. To satisfy our customers' expectations and deliver on the promises we have made, we must continue to enhance our high-quality service network and systems. This GRI will affect our class tariffs and is intended to partially offset the rising costs of real estate, new equipment, technology investments, and competitive employee wage and benefit packages. Although the GRI will impact each customer differently based on specific shipment lanes and distance traveled, it is consistent with our long-term yield management philosophy and the overall impact of the increase is anticipated to be approximately 4.9 percent. The GRI also provides for a nominal increase in minimum charges with respect to intrastate, interstate and cross border lanes."
EVTL BSN

Hot Stocks

07:05 EST Vertical Aerospace to begin trading on NYSE - Vertical Aerospace Group (EVTL) announced the closing of a business combination with Broadstone Acquisition Corp. (BSN). Vertical Aerospace Ltd.'s ordinary shares will begin December 16 under the ticker "EVTL" on the New York Stock Exchange.
TSP

Hot Stocks

07:05 EST TuSimple partners with DHL for autonomous trucking operations - TuSimple and DHL Supply Chain, a contract logistics provider, have entered into a global partnership to adopt, integrate and scale TuSimple's autonomous trucking technology into DHL's operations. The strategic collaboration is part of DHL's Accelerated Digitalization strategy. In early December, DHL began daily freight haul operations utilizing TuSimple's San Antonio-to-Dallas Autonomous Freight Network. Now, with this extension of the partnership, DHL has reserved 100 autonomous trucks being co-developed by TuSimple and Navistar in the U.S. After establishing the first Autonomous Freight Network in 2020 in the U.S., TuSimple has since expanded its operations from Arizona to Florida, with plans to create a nationwide freight transportation network over the next few years. TuSimple has initiated efforts in Europe and Asia, where it is testing its autonomous trucks on public roads in Sweden and in Asia at the deep-water port in Shanghai.
INAB

Hot Stocks

07:05 EST In8bio provides update from ongoing Phase 1 trial of INB-100 - IN8bio provided an update from the ongoing Phase 1 clinical trial of INB-100, a donor-derived gamma-delta T cell therapeutic in development for patients with leukemia undergoing haploidentical hematopoietic stem cell transplant. The three patients with relapsed acute myeloid leukemia, AML, treated to date demonstrate that allogeneic gamma-delta T cell therapy has a manageable toxicity profile with the potential for durable responses in high-risk patients. Haploidentical HSCT patients have high relapse rates of up to 50% at one-year post-treatment. All three of the INB-100 treated patients remain in remission with two patients in remission at 18 and 20 months, respectively. No treatment-related grade 3 or greater adverse events, infusion reactions or dose-limiting toxicities were observed. The trial continues to track these patients and enroll additional patients. "We believe that the encouraging early data from the first patients dosed in this clinical trial suggest the potential of gamma-delta T cells to offer a novel treatment option for patients with aggressive hematologic malignancies," said Trishna Goswami, M.D., Chief Medical Officer at IN8bio. "Multiple complete responses with durability greater than 1.5 years is especially promising for patients with high-risk leukemias, who have high rates of post-HSCT relapse. The absence of grade 3 or greater graft versus host disease 100 days post gamma-delta T cell infusion is also encouraging for an allogeneic therapy. We continue to enroll patients in this Phase 1 clinical trial and look forward to reporting additional data from this program in 2022."
EMR

Hot Stocks

07:04 EST Emerson Electric acquires Mita-Teknik, terms undisclosed - Emerson announced it has acquired Mita-Teknik in an all-cash transaction. Founded in 1969, Mita-Teknik is a leader in the control automation business for wind power generation, equipping wind turbines and wind farms with technologies for performance and reliability. Mita-Teknik is headquartered in Rodkaersbro, Denmark.
SFET

Hot Stocks

07:04 EST Safe-T executives complete open market purchases of shares - Safe-T Group announced that subsequent to the filing of Safe-T's third quarter earnings results, members of its senior management, including its Chief Executive Officer and Chief Financial Officer, as well as its Chairman of the Board, completed open market stock purchases as an expression of their long-term confidence in the Company. In aggregate, executives have purchased over 180,000 shares during the trading window, between December 7 and December 13, 2021. Safe-T Group qualifies as a Foreign Private Issuer under U.S. securities laws and therefore its directors and executive officers are not subject to certain reporting obligations, including the filing of Statements of Changes of Beneficial Ownership of Securities on Form 4.
QURE

Hot Stocks

07:04 EST uniQure announces update on first patients in Phase I/II trial of AMT-130 - uniQure N.V. announced initial observations on the first four patients enrolled in the lower-dose cohort of its ongoing Phase I/II clinical trial of AMT-130 for the treatment of Huntington's disease. Two of the four enrolled patients received AMT-130, and two patients experienced an imitation surgery in this randomized, blinded clinical trial being conducted in the United States. One-Year Observations on AMT-130: The first four patients were a heterogeneous group representing a spectrum of Stage I-II early manifest disease with 41-44 CAG repeats, baseline Total Functional Capacity scores of 10-13 and Total Motor Scores of 7-23. Results: AMT-130 was generally well tolerated in the treated patients at the lower dose; there have been no serious adverse events to date; NfL increased immediately following the AMT-130 surgical procedure and returned to baseline in the two treated patients; structural magnetic resonance imaging did not reveal any clinically meaningful safety findings; measurements of total and mutant HTT protein in the cerebral spinal fluid of the four patients were highly variable and inconclusive; The safety profile of AMT-130 in the low-dose cohort to date supports continued enrollment of patients in the higher-dose cohort of 6x1013 vg. Nineteen patients have been enrolled in the clinical trial to date, including 9 of 16 in the higher-dose cohort. A clinical update on the low-dose cohort of ten patients, largely focused on safety, is expected in the second quarter of 2022 after patient unblinding. Full safety and efficacy data from the first two cohorts in the Phase I/II clinical trial are expected in the first half of 2023 after all patients in the higher-dose cohort have achieved one year of follow-up. Planned Expansion of Phase I/II Studies of AMT-130: The U.S. Phase I/II clinical trial of AMT-130 for the treatment of Huntington's disease is exploring the safety, tolerability, and efficacy signals in a planned 26 total patients with early manifest Huntington's disease split into a 10 patient, low-dose cohort followed by a 16 patient, higher-dose cohort; patients will be randomized to treatment with AMT-130 or an imitation surgery. uniQure also plans to initiate a third cohort in the ongoing U.S. Phase I/II clinical trial in the second half of 2022 that will explore the use of alternative stereotactic navigation systems to simplify placement of catheters for infusions of AMT-130. The European, open-label Phase Ib/II study of AMT-130 will enroll 15 patients with early manifest Huntington's disease across two dose cohorts. Screening has been initiated, and the first procedures in the lower-dose cohort are expected to be complete in early 2022.
SFET

Hot Stocks

07:04 EST Safe-T executives complete open market purchases of shares - Safe-T Group announced that subsequent to the filing of Safe-T's third quarter earnings results, members of its senior management, including its Chief Executive Officer and Chief Financial Officer, as well as its Chairman of the Board, completed open market stock purchases as an expression of their long-term confidence in the Company. In aggregate, executives have purchased over 180,000 shares during the trading window, between December 7 and December 13, 2021. Safe-T Group qualifies as a Foreign Private Issuer under U.S. securities laws and therefore its directors and executive officers are not subject to certain reporting obligations, including the filing of Statements of Changes of Beneficial Ownership of Securities on Form 4.
SFET

Hot Stocks

07:04 EST Safe-T executives complete open market purchases of shares - Safe-T Group announced that subsequent to the filing of Safe-T's third quarter earnings results, members of its senior management, including its Chief Executive Officer and Chief Financial Officer, as well as its Chairman of the Board, completed open market stock purchases as an expression of their long-term confidence in the Company. In aggregate, executives have purchased over 180,000 shares during the trading window, between December 7 and December 13, 2021. Safe-T Group qualifies as a Foreign Private Issuer under U.S. securities laws and therefore its directors and executive officers are not subject to certain reporting obligations, including the filing of Statements of Changes of Beneficial Ownership of Securities on Form 4.
SFET

Hot Stocks

07:03 EST Safe-T executives complete open market purchases of shares - Safe-T Group announced that subsequent to the filing of Safe-T's third quarter earnings results, members of its senior management, including its Chief Executive Officer and Chief Financial Officer, as well as its Chairman of the Board, completed open market stock purchases as an expression of their long-term confidence in the Company. In aggregate, executives have purchased over 180,000 shares during the trading window, between December 7 and December 13, 2021. Safe-T Group qualifies as a Foreign Private Issuer under U.S. securities laws and therefore its directors and executive officers are not subject to certain reporting obligations, including the filing of Statements of Changes of Beneficial Ownership of Securities on Form 4.
PXLW

Hot Stocks

07:03 EST Pixelworks and MediaTek enter into smartphone cooperation agreement - Pixelworks has entered into an independent software vendor agreement with MediaTek, a fabless semiconductor company. The cooperation will focus on collaborative efforts to extend the availability of advanced visual display processing for mobile products based on MediaTek's Dimensity 5G Open Resource Architecture. Both companies aim to provide visual technology support for OEMs in the production of high-end 5G smartphones. MediaTek recently launched its new generation flagship mobile platform, Dimensity 9000. Pixelworks' Pro Software solution will improve the visual display performance of mobile devices built on the MediaTek Dimensity 5G Open Resource Architecture. Additional advanced Pro Software features are in development and planned for release in the near future.
BIIB ESALY

Hot Stocks

07:02 EST Biogen, Eisai expect to submit final protocol for Phase 4 ADUHELM study in March - Biogen Inc. (BIIB) and Eisai (ESALY) provided an important update on the continuing progress of the Phase 4 post-marketing confirmatory study of ADUHELM 100 mg/mL injection for intravenous use in Alzheimer's disease. The companies anticipate submitting the final protocol for review to the U.S. Food and Drug Administration in March 2022, with the initiation of patient screening in May 2022. The study is a post-marketing requirement of the FDA's accelerated approval and will be a global, placebo-controlled trial, aiming to enroll more than 1,300 early Alzheimer's disease patients, with a primary clinical endpoint at 18 months after treatment initiation. Based on enrollment rates from the previous Phase 3 trials with ADUHELM, the primary completion date is expected to be approximately four years after the study begins. The trial will also include a long-term extension to collect longer-term treatment data for up to 48 months. The companies will continue to work with FDA, external stakeholders and regulators in other geographies on the study design.
GPC

Hot Stocks

07:02 EST Genuine Parts to acquire Kaman Distribution Group for $1.3B in cash - Genuine Parts announced that it has entered into a definitive agreement under which its wholly-owned subsidiary, Motion Industries, will acquire Kaman Distribution Group from private investment firm Littlejohn & Co., LLC. The acquisition is valued at a total purchase price of approximately $1.3B in cash. The transaction is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions. The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired. KDG is expected to generate approximately $1.1B of revenue in 2022. Additionally, GPC expects the acquisition to be accretive to its adjusted earnings in the first year after closing. Other transaction highlights include: $50M+ annual run-rate synergies, expected to be achieved over three years; Anticipated leverage at closing of ~2x, within range of GPC targeted levels; Funded at closing via existing revolver and accounts receivable sales agreement; Expected to maintain liquidity in excess of $2B.
DAL

Hot Stocks

06:59 EST Delta Air Lines sees FY23 capital expenditures $5B-$5.5B - Sees FY23 ASMs 100% vs 2019. Sees FY23 NF CASM up low to mid-single digits. Sees FY23 fuel cost per gallon $2.20-$2.30. "As we look ahead, our priorities are strengthening our trusted consumer brand, restoring our financial performance and building a better future for our people and our planet," Bastian said. "Our ambition is to transcend the industry and create significant long-term value for our people and our owners. As reconnecting the world becomes more important than ever, we are accelerating our path to reshape and redefine air travel."
DAL

Hot Stocks

06:57 EST Delta Air Lines sees FY22 capital expenditures $6B - Sees FY22 ASMs 90% vs. 2019. Sees FY22 NF CASM up 7%-10% vs. 2019. Sees FY22 fuel cost per gallon $2.20-$2.30. Delta Air Lines presented its plan for leading the air travel industry through the next phase of the recovery. "As our profitability improves, we are focused on reducing debt and strategically investing to build on our leadership position," said Delta CFO Dan Janki. "We have a compelling strategy that we believe will allow us to exceed 2019 financial performance, deliver industry-leading margins and generate significant cash to de-lever the balance sheet over the next three years."
SPIR ENS

Hot Stocks

06:52 EST Spire Global deploys battery in orbit for U.S. Space Force SBIR program - Spire Global (SPIR) delivered a U.S. Space Force Space Systems Command payload to space aboard its 3U LEMUR CubeSat. The satellite has been operating nominally since July 2021 and is performing on-orbit experiments to collect payload performance data. SSC, through their Science and Technology Directorate, awarded Spire this mission under the Small Business Innovation Research program. Spire modified the power system of the satellite to integrate ZeroVolt 18650 battery cells provided by EnerSys (ENS). Through Spire's space-as-a-service model, in 12 months, Spire integrated the EnerSys ZeroVolt Lithium-ion battery cells into the nanosatellite and deployed it on orbit.
ACN

Hot Stocks

06:49 EST Accenture reports Q1 new bookings $16.8B
CGEM

Hot Stocks

06:40 EST Cullinan updates Phase 1/2a data for lung cancer candidate CLN-081 - Cullinan Oncology reported updated data from the company's ongoing Phase 1/2a trial of CLN-081 in non-small cell lung cancer - NSCLC - patients whose tumors harbor epidermal growth factor receptor exon 20 insertion mutations that have progressed on or after prior therapy. The current analysis of the ongoing trial included a total of 73 NSCLC patients with EGFR exon 20 insertion mutations who received at least one dose of CLN-081 and were evaluable for safety as of the data cutoff. Of 36 response evaluable patients, 14 achieved a confirmed PR for a 39% confirmed response rate and one additional patient had a PR that was pending confirmation at the time of the data cut-off. The median duration of response was greater than15 months and the median progression free survival was 12 months in the initial cohort of phase 1 patients - N=13 -. Treatment related EGFR associated adverse event data for patients enrolled in the 100mg BID cohort: rash has been limited to Grade 1 and 2 events, with conventional supportive care and no patients have experienced Grade 3 or greater treatment-related rash; diarrhea has been limited to Grade 1 and 2 events. Cullinan is evaluating various doses of CLN-081 in a Phase 1/2a trial in patients with NSCLC harboring exon 20 mutations whose disease has progressed on or after prior therapy.
BW

Hot Stocks

06:37 EST Babcock & Wilcox, Applied Blockchain sign cooperation agreement - Babcock & Wilcox announced that it has signed a cooperation agreement with Dallas-based Applied Blockchain to identify and explore opportunities to develop, supply, construct and operate baseload power and clean energy projects in the next three years to support cryptocurrency mining operations. These projects could result in up to 1.5 gigawatts of electrical generation capacity and will be a platform for using B&W's solutions such as renewable waste-to-energy, BrightLoop carbon capture and hydrogen production, solar generation and long-duration energy storage to provide baseload power and clean energy to support Applied Blockchain's power needs in North America.
MTNB

Hot Stocks

06:36 EST Matinas BioPharma approved to move into final cohort of EnACT Trial of MAT2203 - Matinas BioPharma announced that the independent Data and Safety Monitoring Board of the EnACT trial has completed a prespecified review of the third cohort and unanimously recommended progression to the fourth and final cohort of patients. Enrollment in the next randomized EnACT cohort, with 40 active-treatment patients, is expected to begin early first quarter 2022.
STEM

Hot Stocks

06:36 EST Stem to acquire Also Energy Holdings for $695M - Stem and Also Energy Holdings, a provider of solar asset management software, have entered into a definitive agreement whereby Stem will acquire AlsoEnergy, in a stock and cash transaction, on a cash-free debt-free basis, for an aggregate purchase price of $695M, consisting of approximately 75% of the total consideration in cash and approximately 25% in Stem common stock. Founded in 2007, AlsoEnergy is headquartered in Boulder, Colorado and provides performance, analytics, monitoring, and control solutions with 32.5 GW of solar assets under management across more than 50 countries. AlsoEnergy contracts with and serves multiple stakeholders in the solar ecosystem. In 2020, AlsoEnergy generated approximately $49M in revenue and 60% gross margin across its software, grid edge monitoring, controls, and services businesses. Stem will bring its AI-driven approach to AlsoEnergy's software to increase efficiencies for customers. The cash portion of the transaction consideration, which is subject to customary working capital adjustments, will be paid entirely from existing cash on Stem's balance sheet. The transaction is expected to close in 1Q22.
STEM

Hot Stocks

06:35 EST Stem to acquire Also Energy Holdings for $695M - Stem and Also Energy Holdings, a provider of solar asset management software, have entered into a definitive agreement whereby Stem will acquire AlsoEnergy, in a stock and cash transaction, on a cash-free debt-free basis, for an aggregate purchase price of $695M, consisting of approximately 75% of the total consideration in cash and approximately 25% in Stem common stock. Founded in 2007, AlsoEnergy is headquartered in Boulder, Colorado and provides performance, analytics, monitoring, and control solutions with 32.5 GW of solar assets under management across more than 50 countries. AlsoEnergy contracts with and serves multiple stakeholders in the solar ecosystem. In 2020, AlsoEnergy generated approximately $49M in revenue and 60% gross margin across its software, grid edge monitoring, controls, and services businesses. Stem will bring its AI-driven approach to AlsoEnergy's software to increase efficiencies for customers. The cash portion of the transaction consideration, which is subject to customary working capital adjustments, will be paid entirely from existing cash on Stem's balance sheet. The transaction is expected to close in 1Q22.
BOWL

Hot Stocks

06:34 EST Bowlero begins trading on NYSE - Bowlero announced that its Class A common stock and warrants will begin trading December 16 on the New York Stock Exchange under the symbols "BOWL" and "BOWL WS", respectively.
MDT

Hot Stocks

06:34 EST Medtronic, LifeTech further collaboration on domestic pacemaker project - LifeTech Scientific announced that it has extended its agreements with Medtronic to further the strategic collaboration on the "HeartTone domestic pacemaker project" and to start the collaboration on domestically-made MRI-conditional pacemakers. Together with MRI-conditional leads, these products will address growing MRI-related therapeutic needs in China. The agreements also include the extension of the partnership on the "HeartTone domestic pacemaker project" to 2028. Similar to its collaboration on the first generation of HeartTone pacemakers, Medtronic will provide a series of specialized technical consulting services for the MRI-conditional products project.
AL EADSY

Hot Stocks

06:33 EST Air Lease delivers new Airbus A350-1000 aircraft to Air Caraibes, FrenchBee - Air Lease (AL) announced the delivery of one new Airbus (EADSY) A350-1000 aircraft on long-term lease to Air Caraibes Atlantique and one new Airbus A350-1000 to FrenchBee, both part of Groupe Dubreuil Aero, from ALC's orderbook with Airbus. The aircraft delivered to FrenchBee is the first A350-1000 to operate in the airline's all-A350 fleet.
AERI

Hot Stocks

06:31 EST Aerie Pharmaceuticals names Raj Kannan as CEO - Aerie Pharmaceuticals announced that Raj Kannan will join the company as CEO and a director, effective December 20. Prior to joining Aerie, Raj was the CEO and President of Chiasma.
GTHX

Hot Stocks

06:16 EST G1 Therapeutics expanding Cosela sales force, cancels co-promotion agreement - G1 Therapeutics will hire and deploy an additional 20 salespeople, bringing the total number of oncology sales representatives to 34. The expansion will allow G1 to target all accounts to accelerate sales activities and help maximize the adoption of Cosela - trilaciclib -. G1 and Boehringer Ingelheim have mutually agreed to end the co-promotion agreement for Cosela, effective March 2022. Boehringer Ingelheim and G1 will work together on transitioning promotional activities by March 2022. After that point, Boehringer Ingelheim will receive reduced payments based on net sales of Cosela for patients with ES-SCLC in the U.S. until March 2024. There are no payments due by either party beyond March 2024. The co-promotion agreement does not extend to additional indications that G1 may pursue for trilaciclib.
CLNE CVX

Hot Stocks

06:11 EST Clean Energy announces additional renewable gas contracts - Clean Energy (CLNE) announced additional fuel and infrastructure contracts to meet the demand for renewable natural gas. In the Ports of Los Angeles and Long Beach, as part of Clean Energy's Adopt-a-Port program with Chevron (CVX), Chevron has committed to provide a total of $28M of financing to trucking companies serving the ports region as well as owner-operators to purchase new RNG heavy-duty trucks. Pacific Green Trucking signed a fueling agreement with Clean Energy for an estimated 1 million gallons of RNG to power 61 new natural gas trucks. Republic Services has signed an agreement with Clean Energy for an expansion project in Huntington Beach, CA. Other projects in which Clean Energy has been contracted include: the Republic Services RNG fueling facility in Anaheim, CA; Harrison Industries in Ventura, CA; Golden Empire Transit in Bakersfield, CA; Salem Area Mass Transit District in Oregon; MV Transit in Long Beach, CA; the County of Sacramento; the Dallas Area Rapid Transit; Blue Diamond Disposal, a refuse and recycling company located in Mount Arlington, NJ; the Atlantic County Utilities Authority; the City of Tacoma, WA; the Portage Area Regional Transportation Authority in Ohio; Atlantic City Jitney Association; Green Path Logistics, a nationwide carrier in Dallas, TX; the City of Temple, TX; the City of London, Ontario, in Canada.
FREY

Hot Stocks

06:06 EST Freyr Battery awarded awarded 31 GWh inaugural offtake agreement - Freyr Battery has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems. The two companies have agreed to jointly develop innovative technology solutions for the fast-growing global ESS market based on battery cells manufactured by Freyr. Highlights: Under the terms and subject to the conditions of the agreement, FREYR is to deliver at least 31 GWh of battery cells from 2023 to 2028 from its Norwegian manufacturing facilities. The anticipated volumes represent close to half the currently estimated production in Gigafactory 1 in Mo i Rana, Norway in the period. FREYR's total potential revenues from this agreement could equate to approximately $3B from 2023 - 2028 based on FREYR's current price forecasts. FREYR's new partner is one of the largest technology solutions providers in the global ESS market, with a GWh-scale fleet of deployed ESS capacity worldwide and a multi-billion-dollar market capitalization. The parties will package FREYR's sustainable, next-generation battery cells using 24M Technologies' innovative design and process platform with the partner's leading stationary ESS solutions to drive standardization and cost optimization in the utility space. 24M's significantly larger and thicker electrode design is intended to deliver higher energy density per volumetric unit while also reducing production costs.
AHG HX

Hot Stocks

06:05 EST Xiaobai Maimai changes name to Akso Health - Akso Health (AHG), formerly known as Xiaobai Maimai (HX), announced that the company will update its name and ticker symbol on Nasdaq, effective at the start of trading on December 16.
CHS WMT

Hot Stocks

06:04 EST Chico's to begin offering same-day delivery via Walmart GoLocal - Chico's FAS (CHS) customers across its brand portfolio will, for the first time ever, have the option for online orders from the company's three unique fashion brands -- Chico's, White House Black Market and Soma -- to be delivered directly to their doorsteps in as little as two hours. This convenient delivery option is made possible by Chico's FAS new delivery service provider, Walmart GoLocal (WMT), and launches December 16 in select markets, including Chicago, Illinois, and Fort Myers, Florida, and will expand to other markets in 2022.
AMZN

Hot Stocks

06:03 EST Amazon to reduce its cut of Alexa skill developer revenue starting in 2022 - Amazon will reduce its Alexa skills commission to 20% from 30% for developers who earn less than $1M per year, starting in 2Q22, the company said in a blog post. "As part of the Alexa Skill Developer Accelerator Program, we are increasing revenue share for Alexa Skill developers that earn less than $1 million in revenue to 80/20, starting in Q2 2022. This increase is based on the previous calendar year aggregate revenue from In-Skill Purchasing, subscriptions and Paid Skill purchases across a developer's Skills. In addition to increasing the portion of revenue share paid to developers that earn less than $1 million in revenue, next year we'll be rolling out new benefits to help developers generate traffic and increase skill visibility. These benefits could be worth up to an additional 10 percent of a developer's potential revenue under the program - bringing the total potential program benefits for developers that earn less than $1 million up to 90 percent." Reference Link
SABS

Hot Stocks

06:02 EST SAB Biotherapeutics: SAB-185 retains neutralization against omicron in vitro - SAB Biotherapeutics announced data demonstrating that SAB-185, the company's therapeutic candidate for the treatment of COVID-19 infections, retains neutralization activity against the omicron SARS-CoV-2 variant in an in vitro pseudovirus model. The data were generated by scientists at the U.S. FDA Center for Biologics Evaluation and Research. "These in vitro data demonstrate that SAB-185 retains neutralization activity against the Omicron variant as has been consistently shown with previous SARS-CoV-2 variants of concern," said Eddie J. Sullivan, PhD, Co-founder, President and CEO of SAB Biotherapeutics. "These encouraging data come at a critical time as COVID continues to assert its resilience in the human population around the globe. It also provides further evidence of the potential therapeutic importance of our polyclonal antibody approach to a highly mutating virus such as SARS-CoV-2." In the study, FDA researchers evaluated SAB-185 using a lentiviral-based pseudovirus assay conducted in a BSL2 environment that incorporates a stable 293T cell line expressing human angiotensin converting enzyme 2 and transmembrane serine protease 2. The results indicate that SAB-185 retains a potent ability to neutralize recombinant S protein lentiviral pseudovirus that mimics the SARS-CoV-2 Omicron variant. Although SAB-185 retained potent neutralization of the Omicron variant, it did show a mild-moderate reduction in potency compared to the wild type. Additional analyses are ongoing, and the full data set is being prepared for bioRxiv, the online life sciences archive for COVID-19 SARS-CoV-2 preprints.
ARVL UBER

Hot Stocks

05:57 EST Arrival Group reveals first finished prototype of Arrival Car - Arrival (ARVL) revealed the first finished prototype of the Arrival Car. The Arrival Car has been designed specifically for the ride hailing industry to give the best possible experience for both drivers and passengers. To achieve this, Arrival has created a vehicle that has leg room twice as large as that of an average car of the same length. The Arrival Car prioritizes cost, uptime, driver comfort, safety, and convenience, given an average ride-hail vehicle will on average drive 45,000-50,000 km a year, versus 12,000km, for a typical vehicle. Arrival has been able to develop the Car alongside ride-hailing drivers from Uber (UBER) in just over six months. Arrival vehicles are designed from the ground-up and vertically integrated using a new method of design and production using microfactories. Arrival will now commence testing of the car and will incorporate the feedback into the next design phase.
KOD

Hot Stocks

05:36 EST Kodiak Sciences completes enrollment in BEACON trial - Kodiak Sciences announced that it has completed enrollment in its BEACON Phase 3 clinical trial of KSI-301, Kodiak's anti-VEGF antibody biopolymer conjugate, in patients with macular edema due to retinal vein occlusion.
NVAX TAK

Hot Stocks

05:34 EST Novavax announces Takeda submits COVID-19 vaccine NDA to MHLW in Japan - Novavax (NVAX) announced the submission of a new drug application, or NDA, to the Ministry of Health, Labour and Welfare, or MHLW, in Japan for its COVID-19 vaccine by its partner Takeda Pharmaceutical (TAK). Novavax' recombinant nanoparticle COVID-19 vaccine with Matrix-M adjuvant, known as TAK-019 in Japan and NVX-CoV2373 outside Japan, is the first protein-based COVID-19 vaccine to be submitted under an NDA in Japan.
PCG

Hot Stocks

05:31 EST PG&E provides restoration update from series of storms in California - PG&E crews have restored essentially all customers who lost electricity following the storm that hit Northern and Central California earlier this week. As PG&E continues to assess damage, make repairs and restore service to remaining customers, crews are prepared to respond to a second storm moving through Northern and Central California. Since the start of this series of storms on Sunday, PG&E has restored power to more than 350,000 customers. Through yesterday, power had been restored to more than 91 percent of customers in six hours or less. Overall, about 15,000 customers remain out of power with about 11,000 of those related to outages that occurred with the arrival of the second storm. While most customers who lost power from the first storm have been restored, heavy snow, avalanche warnings, road closures, downed trees and fallen branches, and other access issues are impeding the ability of PG&E crews to make repairs in some areas. Additionally, the storm currently moving through Northern and Central California could hinder restoration efforts, and result in additional outage activity. The current storm is not predicted to be as strong as the first, but is still expected to result in low-altitude snow across the Northern Coastal Range and Sierra Nevada areas as it moves throughout PG&E's service area tonight and Thursday. PG&E's meteorology team is anticipating peak gusts of 30-45 mph across the state, reaching as far south as the Santa Cruz Range and Merced County.
CYAD

Hot Stocks

05:29 EST Celyad doses first patient in KEYNOTE-B79 trial - Celyad announced the first patient was dosed in the KEYNOTE-B79 Phase 1b trial.
GNHAF CSLLY

Hot Stocks

05:28 EST Vifor Pharma divests finished drug manufacturing business to CordenPharma - Vifor Pharma (GNHAF) announced the divestment of its finished drug product manufacturing business to CordenPharma, a full-service CDMO of APIs, Excipients, Drug Products, and associated Packaging services. Under the terms of the signed share purchase agreement, CordenPharma acquires all shares in Vifor SA, Fribourg and OM Pharma, Lisbon, thus taking over Vifor Pharma's finished drug product manufacturing operations at the three sites. The divestment will trigger an asset impairment, to be reported with Vifor Pharma's 2021 financial results. The companies have agreed not to disclose financial terms of the agreement. This divestment, including all financial implications, has been disclosed to CSL (CSLLY) in the course of the due diligence process preceding the publication of the pre-announcement of the public tender offer by CSL Limited on December 14 and in so far has no impact on such tender offer. Vifor Pharma and CordenPharma anticipate closing the transaction in Q1 2022, contingent on customary closing conditions.
NVS RHHBY

Hot Stocks

05:24 EST Novartis to initiate $15B share buyback - Novartis (NVS) announced that it will initiate a share buyback of up to $15B to be executed by the end of 2023. The buyback is funded through the proceeds from the recent sale of 53.3M Roche (RHHBY) bearer shares. The share buy-back will be executed on the second trading line, is expected to commence in the coming days and to conclude by the end of 2023.
INFY

Hot Stocks

05:22 EST Infosys, Australian Open expand digital partnership - Infosys announced an extension of its digital partnership with the Australian Open, or AO, until the end of 2026. The expanded collaboration will see Infosys and Tennis Australia continue to harness Big Data and Analytics, Artificial Intelligence, Virtual Reality and Cloud technologies to elevate the AO experience for fans, players, coaches, partners and the media. The multi-year commitment builds on the last three years of high impact between Infosys and the AO, and follows strong results achieved in a pandemic-impacted 2021 event.
ZEAL

Hot Stocks

05:19 EST Zealand Pharma enrolls last patient in glepaglutide trial - Zealand Pharma has enrolled the last patient required for the planned interim analysis of its pivotal Phase 3 trial, EASE-SBS 1, of glepaglutide the company's long-acting GLP-2 analog, under evaluation for the potential treatment of short bowel syndrome.
VLVLY...

Hot Stocks

05:16 EST Volvo, Daimler Truck and Traton to create public charging network JV in Europe - Volvo (VLVLY), Daimler Truck (DDAIF), and Traton (TRATF) have now signed a binding agreement to create a joint venture, or JV, to install and operate a public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe. As previously communicated, the parties are committed to initiating and accelerating the necessary build-up of charging infrastructure for the increasing number of customers of electric vehicles in Europe and contribute to climate-neutral transportation in Europe by 2050. The JV creation is subject to regulatory approvals. The planned JV - to be equally owned by the three parties - is scheduled to start operations in 2022 following completion of all regulatory approval processes. The parties are together committing to invest EUR 500M, which is assumed to be the largest charging infrastructure investment in the European heavy-duty truck industry to date. The plan is to install and operate at least 1,700 green energy charging points on and close to highways as well as at logistic and destination points within five years of the establishment of the JV. The number of charging points is with time intended to be increased significantly by seeking additional partners as well as public funding. The future JV is planned to operate under its own corporate identity and be based in Amsterdam, Netherlands. Volvo Group, Daimler Truck, and Traton will own equal shares in the planned JV but continue to be competitors in all other areas. The creation of the JV is subject to regulatory approvals.
NXPI

Hot Stocks

05:10 EST NXP Semiconductors enters strategic partnership with Foxconn subsidiary - NXP Semiconductors has announced a strategic partnership with Foxconn Industrial, a subsidy company of Foxconn, to transform the car into the ultimate edge device. NXP will provide FII with its portfolio of automotive technologies. The initial phase of the joint project will focus on the development of a full digital cockpit solution, based on the NXP i.MX 8 QuadMax. The platform will include digital clusters, and a head-up display, or HUD, system, which will enable leading global automotive OEMs and Tier Ones to deliver in-vehicle experiences for their customers. The digital cockpit solution is expected to start mass production in 2023. The companies aim to expand the relationship into UWB-based secure car access, and safe automated driving, augmented by NXP's radar solutions.