Stockwinners Market Radar for December 18, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BLUE

Hot Stocks

19:00 EST Bluebird Bio application for eli-cel granted priority review by FDA - Bluebird Bio announced that the Food and Drug Administration has accepted for priority review the Biologics License Application for elivaldogene autotemcel, the company's gene therapy for cerebral adrenoleukodystrophy in patients less than 18 years of age. Eli-cel is an investigational one-time gene therapy, custom-designed to treat the underlying cause of this irreversible neurodegenerative disease and to stabilize neurologic function, the company said in a statement. The FDA set a Prescription Drug User Fee Act goal date of June 17, 2022. The FDA's Priority Review designation targets a review timeline of six months after the 60-day BLA filing decision, compared to a standard review timeline of 10 months after the 60-day FDA filing decision.
TPC

Hot Stocks

18:03 EST Tutor Perini COO sells 299,861 common shares - In a regulatory filing, Tutor Perini president and COO James Frost disclosed the sale of 299,861 common shares of the company on December 7 at a price of $21.3032 per share.
ARGX

Hot Stocks

17:40 EST Argenx trading resumes
MTN

Hot Stocks

17:28 EST Vail Resorts director Schneider sells 4,000 common shares - In a regulatory filing, Vail Resorts director Hilary Schneider disclosed the sale of 4,000 common shares of the company on December 16 at a price of $318.22 per share.
DVA

Hot Stocks

17:20 EST DaVita boosts share buyback program by $2B - According to a regulatory filing, on December 17, the board of directors of DaVita increased the authorization under the company's existing share repurchase program by $2B in additional repurchasing authority. The amount of shares of common stock authorized to be repurchased under the New Authorization does not include the amount remaining under the company's existing share repurchase program authorized on December 10, 2020. The Existing Authorization and the New Authorization do not have an expiration date and do not obligate the Company to purchase any shares.
VTRS

Hot Stocks

17:17 EST Viatris delays investor event, reiterates 2021 guidance - Viatris announced that it will move its investor event previously scheduled for Friday, January 7, 2022 to no later than February 28, 2022 in conjunction with the release of its fourth quarter 2021 results. The company also reiterated its 2021 financial guidance, previously provided on November 8, 2021.
NOC

Hot Stocks

17:15 EST Northrop Grumman awarded $189.76M Air Force contract modification - Northrop Grumman has been awarded a $189.76M firm-fixed-price modification to a contract for Active Electronically Scanned Array radars of Air Force F-16 aircraft. This modification exercises options to include 83 production radars, as well as associated spares. Work will be performed in Linthicum Heights and is expected to be completed by December 31, 2024. The total cumulative face value of the contract is $1.03B. FY21 aircraft procurement funds in the amount of $67.96M and FY22 aircraft procurement funds in the amount of $121.8M are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
ARGX

Hot Stocks

17:11 EST Argenx announces FDA approval of VYVGART - Argenx announced that the U.S. Food and Drug Administration has approved VYVGART for the treatment of generalized myasthenia gravis in adult patients who are anti-acetylcholine receptor antibody positive. These patients represent approximately 85% of the total gMG population. With this regulatory milestone, VYVGART is the first-and-only FDA-approved neonatal Fc receptor blocker. "Today is the start of a new era for argenx and the gMG community as we honor our commitment to bring forward an innovative treatment option for people living with this debilitating disease. The approval of VYVGART represents many achievements: our first approved product; the first-and-only FDA-approved neonatal Fc receptor blocker; and the first approved therapy designed to reduce pathogenic IgGs, an underlying driver of gMG," said Tim Van Hauwermeiren, Chief Executive Officer of argenx. "Importantly, we want to thank the patients, supportive caregivers, investigators and study teams who participated in the ADAPT trial, as well as our partners and dedicated employees for their hard work and collaboration - all of whom made this milestone possible."
AMGN AZN

Hot Stocks

16:34 EST Amgen announces FDA approval of Tezspire for severe asthma - Amgen (AMGN) announced that the FDA has approved Amgen and AstraZeneca's (AZN) Tezspire for the add-on maintenance treatment of adult and pediatric patients aged 12 years and older with severe asthma. Tezspire was approved following a Priority Review by the FDA and based on results from the PATHFINDER clinical trial program. The application included results from the pivotal NAVIGATOR Phase 3 trial in which Tezspire demonstrated superiority across every primary and key secondary endpoint in patients with severe asthma, compared to placebo, when added to standard therapy. Tezspire is under regulatory review in the EU, Japan and several other countries around the world.
AZO

Hot Stocks

16:30 EST AutoZone CEO sells over 1,000 common shares - In a regulatory filing, AutoZone chairman, president, and CEO William C. Rhodes III disclosed the sale of 1,019 common shares of the company on December 17 at a price of $1,991.35 per share.
LW

Hot Stocks

16:22 EST Lamb Weston increases dividend, adds to share repurchase program - The board of Lamb Weston Holdings approved an increase to the quarterly dividend and an additional $250M for the company's existing share repurchase program. The board declared a quarterly dividend of 24.5c per share of Lamb Weston common stock, a 4c annualized increase. The dividend is payable on March 4, 2022, to stockholders of record as of the close of business on Feb. 4, 2022. The board also authorized the company to repurchase up to an additional $250M of its common stock. This is an increase to the initial repurchase program, first approved in December 2018. The program has no expiration date.
BANX

Hot Stocks

16:22 EST StoneCastle announces 10c per share special cash dividend - StoneCastle announced that its board of directors has declared a special cash distribution of 10c per share generated from excess income, and a regular cash distribution of 38c per share for Q4. The total distribution of 48c per share will be payable on January 5, 2022 to shareholders of record on December 29.
CARR

Hot Stocks

16:20 EST Carrier Global board director John Faraci retires - Carrier Global Corporation announced that director John V. Faraci will not stand for re-election at the company's upcoming Annual Meeting of Shareowners on April 14, 2022. Mr. Faraci will continue to serve on the Board until the Annual Meeting. "On behalf of the Board of Directors and everyone at Carrier, I would like to express our sincere gratitude and thanks to John who, as Executive Chairman, shepherded us through our first year as an independent public company," said Dave Gitlin, Carrier Chairman & Chief Executive Officer. "On a personal level, I deeply appreciate John's mentorship. Carrier has greatly benefited from his judgment, leadership and extensive experience as a public company director and former CEO." Faraci has been a member of the Carrier Board since the company separated from United Technologies in April 2020, and served as Executive Chairman until April 2021
GLPI

Hot Stocks

16:07 EST Gaming and Leisure Properties declares special dividend of 24c per share - Gaming and Leisure Properties announced that the company's board has declared a special earnings and profits cash dividend of 24c per share of its common stock. The earnings and profits dividend is payable on January 7, 2022 to shareholders of record on December 27, 2021.
SBCF

Hot Stocks

16:06 EST Seacoast Banking renews share repurchase program - Seacoast Banking Corporation of Florida announced that its board has renewed the company's share repurchase program. Under the repurchase program, which will expire on December 31, 2022, the company may repurchase, from time to time, up to $100M of its shares of common stock, representing approximately 5.0% of the company's outstanding common stock as of December 16, 2021.
NTUS

Hot Stocks

16:03 EST Natus Medical appoints Thomas Sullivan as president, CEO - Natus Medical announced the appointment of Thomas Sullivan as president and CEO effective December 27. Prior to joining Natus, Sullivan was the president and CEO of Spectrum Plastics Group. Additionally, the company said there was no change to its Q4 guidance.
IREN

Hot Stocks

16:01 EST Iris Energy Ltd trading resumes
CCEL

Hot Stocks

16:01 EST Cryo Cell International Inc trading resumes
FLO

Hot Stocks

16:01 EST Flowers Foods recalls certain Nature's Own Honey Wheat bread sold in six states - Flowers Foods is voluntarily recalling 3,000 loaves of Nature's Own Honey Wheat bread sold in six states due to the presence of undeclared milk. People who have an allergy or severe sensitivity to milk run the risk of serious or life-threatening allergic reaction if they consume this product. The products being recalled were potentially distributed to retail customers in Arizona; Colorado; New Mexico, Wyoming; the cities of Blythe, Brawley, Calexico, Calipatra, El Centro, Needles, and Westmoreland, California; the city of Laughlin, Nevada; and to one wholesale distributor in California serving Mexico. The packages have either a blue or yellow tie closure and a "Best If Used By" date of 12-26-2021 and product codes 128 346 03:00 through 128 346 05:00 printed on the package. The recall was initiated after discovering that loaves of Nature's Own Butterbread containing milk were inadvertently packaged in Nature's Own Honey Wheat bread packaging, which does not include milk in the ingredient statement. No related illnesses or incidents have been reported to date.
IREN

Hot Stocks

15:56 EST Iris Energy Ltd trading halted, volatility trading pause
CCEL

Hot Stocks

15:56 EST Cryo Cell International Inc trading halted, volatility trading pause
SAVA

Hot Stocks

15:39 EST Journal of Neuroscience publishes expression of concern on Cassava article - The "Journal of Neuroscience" is publishing an Expression of Concern for the article JNeurosci 2012;32:9773-9784 which appeared in the July 18, 2012 issue. "The editors have been made aware of concerns about Western blots in this study, including those published with the article's erratum. These and other concerns are currently under investigation by the academic authorities at the City University of New York, CUNY. JNeurosci will await the outcome of that investigation before taking further action," a notice posted by the Journal stated. Previously, on November 4, Cassava Sciences announced that it has been informed by the "Journal of Neuroscience" that there is no evidence of data manipulation in an article it published in July 2012 describing a new approach to treating Alzheimer's disease. "The peer-reviewed article was co-authored by scientists and academic collaborators for Cassava Sciences and is foundational to simufilam, the company's lead drug candidate for the proposed treatment of Alzheimer's disease," the company previously stated. Reference Link
ISO

Hot Stocks

15:35 EST ISO Stock trading resumes
ISO

Hot Stocks

15:30 EST ISO Stock trading halted, volatility trading pause
ARGX

Hot Stocks

15:28 EST Argenx trading halted, news pending
CFVI

Hot Stocks

15:21 EST Rumble says iOS app now includes live chat, 'far ahead of schedule' - Rumble tweeted from its corporate Twitter account: "UPDATE: Rumble's iOS app now includes live chat in the latest App Store release, far ahead of schedule. Planned for a 2022 launch, but figured we drop it a little earlier. Lots more coming!" Video platform Rumble and CF Acquisition Corp. VI (CFVI), a special purpose acquisition company sponsored by Cantor Fitzgerald, announced on December 1 that they have entered into a definitive business combination agreement that values Rumble at an initial enterprise value of $2.1B. After closing, which is expected in Q2 of 2022, the combined company will be called Rumble Inc. and expects to be publicly listed on Nasdaq. Reference Link
BYFC

Hot Stocks

14:56 EST Treasury announces Broadway Financial as ECIP investment recipient - Broadway Financial announced that the United States Department of the Treasury has informed Broadway that the company is eligible to receive an equity investment of $142.5M from the U.S. Treasury pursuant to the Emergency Capital Investment Program, or ECIP. The investment in Broadway is expected to take the form of Senior Perpetual Noncumulative Preferred Stock with a dividend rate between 0.5% and 2% per annum that is dependent on Broadway's investment of the proceeds within target communities in certain types of loans that are consistent with the types of loans that the company has historically originated. Chief Executive Officer, Brian Argrett, commented, "We are excited to report that our application to participate in the ECIP has been approved by the U.S. Treasury. This investment will significantly improve our ability to advance our mission and multiply the impact and lending that we can make in the low-to-moderate income communities that we serve, as well as significantly enhance the scale of our operations and improve the economics of our business."
PBR

Hot Stocks

14:40 EST Petrobras trading resumes
PBR...

Hot Stocks

14:31 EST Petrobras reports result of second bidding round held by ANP - Petrobras informs that it has acquired the exploration and production rights of the volumes exceeding those of the Transfer of Rights in the Atapu and Sepia offshore fields in the second bidding round for the Transfer of Rights surplus under the Production Sharing Regime, held today, by the National Agency of Petroleum, Natural Gas and Biofuels, or ANP. "Petrobras exercised its the pre-emption right in the acquisition of the surplus volumes of the Sepia field, adhering to the winning consortium's proposal. The consortium will have Petrobras as operator, with 30% participation, in partnership with TotalEnergies EP (28%), Petronas (21%) and QP Brasil (21%). Petrobras acquired the rights to the surplus volumes of the Atapu field in partnership with Shell Brasil and Total Energies EP. The consortium will have Petrobras as the operator, with 52.50% participation, in partnership with Shell Brasil (25%) and TotalEnergies (22.50%). With today's bidding round results, Petrobras assures the maintenance of the operation in these fields, located in ultra-deep waters of the Santos Basin, for which it had already expressed the pre-emption right, as disclosed to the market on 04/28/2021, and confirms its leadership position in the Brazilian pre-salt, consistent with its strategy of focusing on the exploration and production of assets in deep and ultra-deep waters. Atapu and Sepia are proven high-productivity assets, with good oil characteristics and significant potential to incorporate reserves. They have low lifting costs and are resilient to a low-price scenarios, which reflects Petrobras' efficient and competitive performance in deep and ultradeep water assets... The offer of the percentage of the oil surplus to be made available to the Union was the only criterion adopted by the ANP to define the winning proposal, with the fixed value of the signature bonus already included in the tender protocol. The total amount of the signing bonus to be paid by Petrobras is R$ 4.2 billion," the company stated.
DKNG...

Hot Stocks

14:17 EST NHL postpones games for Flames, Avalanche, Panthers due to COVID - The National Hockey League announced that it has extended the period of game postponements for the Calgary Flames through their game previously scheduled for Dec. 23 against Seattle. Additionally, due to concern with the number of positive cases within the last two days as well concern for continued COVID spread in the coming days, the Colorado Avalanche's and Florida Panthers' games also will be postponed at least through the scheduled completion of the League's Holiday Break in the schedule on Dec. 26. "The decision was made by the NHL's, the NHLPA's and the Club medical groups. A decision on when each team's training facilities will re-open will be made by the League and the NHLPA in the coming days. The League is in the process of reviewing and revising all three teams' regular season schedules," the league stated. Publicly traded companies in the sports betting space that could be impacted by league postponements include Caesars (CZR), DraftKings (DKNG), Flutter Entertainment (PDYPY), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN). Reference Link
GBT

Hot Stocks

14:07 EST Global Blood Therapeutics confirms FDA approval of sNDA, NDA for Oxbryta - Global Blood Therapeutics announced the FDA has granted accelerated approval of a supplemental New Drug Application, sNDA, for Oxbryta tablets for the treatment of sickle cell disease, SCD, in children ages 4 to less than 12 years. This approval expands the previously approved use of Oxbryta to treat SCD in patients ages 12 years and older in the United States. The FDA also approved GBT's separate New Drug Application, NDA, for Oxbryta tablets for oral suspension, a new dispersible, once-daily tablet dosage form suitable for patients ages 4 to less than 12 years as well as for older patients who have difficulty swallowing whole tablets. Oxbryta is the first and only approved medicine that directly targets sickle hemoglobin polymerization, the root cause of the sickling and destruction of red blood cells in SCD.
ANEB

Hot Stocks

14:05 EST Anebulo Pharmaceuticals Inc trading resumes
PBR

Hot Stocks

14:01 EST Petrobras trading halted, news pending
ANEB

Hot Stocks

14:00 EST Anebulo Pharmaceuticals Inc trading halted, volatility trading pause
GBT

Hot Stocks

13:47 EST FDA grants accelerated approval for Global Blood's Oxbryta for younger patients - The FDA announced it has granted accelerated approval forOxbryta tablets to treat sickle cell disease in pediatric patients aged four up to 11 years. The FDA had previously granted accelerated approval for Oxbryta for patients aged 12 years and older with sickle cell disease. "Oxbryta was grantedaccelerated approval, which enables FDA to approve drugs for serious conditions to fill an unmet medical need based on a result that is reasonably likely to predict a clinical benefit to patients. Further clinical trials are required to verify and describe Oxbryta's clinical benefit," the FDA stated. Reference Link
MSC

Hot Stocks

13:37 EST Studio City International Holdings Limited (Class A ADS) trading resumes
MSC

Hot Stocks

13:31 EST Studio City International Holdings Limited (Class A ADS) trading halted, volatility trading pause
BKR

Hot Stocks

13:03 EST Baker Hughes reports U.S. rig count up 3 to 579 rigs - Baker Hughes reports that the U.S. rig count is up 3 from last week to 579 with oil rigs up 4 to 475, gas down 1 to 104, and miscellaneous rigs unchanged at 0. The U.S. Rig Count is up 233 rigs from last year's count of 346, with oil rigs up 212 gas rigs up 23 and miscellaneous rigs down 2. The U.S. Offshore Rig Count is up 1 to 15, down 1 year-over-year. The Canada Rig Count is down 10 from last week to 167, with oil rigs down 6 to 104, gas rigs down 5 to 62 and miscellaneous rig up 1 to 1. The Canada Rig Count is up 65 rigs from last year's count of 102, with oil rigs up 63, gas rigs up 1 and miscellaneous rig up 1.
NKLA

Hot Stocks

13:03 EST Nikola announces delivery of first Tre battery-electric pilot trucks to TTSI - Nikola Corporation announced it has delivered the first Nikola Tre battery-electric vehicle pilot trucks to Total Transportation Services Inc., or TTSI, which it identifies as "one of Southern California's prominent port trucking companies." "Nikola committed to make its first Tre BEV deliveries in Q4 2021 and it is a big honor to celebrate this milestone with our partner, TTSI, and dignitaries who are committed to advancing zero-emission transportation solutions to reduce truck emissions in port operations. TTSI has significant sustainability goals, and we are pleased to help them achieve their vision with our zero-emission trucks," said Nikola CEO Mark Russell.
BKR

Hot Stocks

13:01 EST Baker Hughes reports U.S. rig count up 3 to 579 rigs
INVZ

Hot Stocks

12:59 EST Innoviz selected by Obayashi for LiDAR in automatic tower crane system - Innoviz Technologies and Obayashi Corporation announced Obayashi's development of an automated tower crane system that utilizes Innoviz's LiDAR sensors. "Obayashi began using Innoviz's LiDAR on their sites in 2018 and is currently in the process of developing a full-scale system for building sites throughout Japan. Obayashi's recognition software extracts the data generated by Innoviz's LiDAR to measure the exact distance from objects and identify people and equipment in construction areas... Using Innoviz's LiDAR together with Obayashi's proprietary software has resulted in substantial savings related to the manual operation of the crane," the company said. Omer Keilaf, Co-founder and CEO of Innoviz Technologies, added: "We were thrilled to see the result of Obayashi's use of our LiDAR. This is a cutting-edge solution and a true testimony that our LiDAR can be used in a significant number of use cases. We believe we will see more partnerships like this come to fruition. Additionally, we're grateful to our distributor and partner, Macnica, for connecting us with Obayashi's innovative team."
PG

Hot Stocks

12:56 EST P&G recalls certain aerosol conditioner, shampoo products over benzene presence - Procter & Gamble issued a voluntary product recall to the consumer level of aerosol dry conditioner spray products and aerosol dry shampoo spray products from Pantene, Aussie, Herbal Essences, and Waterlless thanss produced in the United States, in addition to previously discontinued aerosol dry shampoo products from Old Spice and Hair Food, due to the presence of benzene detected in some products. "Following recent reports that indicated traces of benzene in some aerosol spray products, we began a review of our total portfolio of aerosol products," the company said. "While benzene is not an ingredient in any of our products, our review showed that unexpected levels of benzene came from the propellant that sprays the product out of the can. We detected benzene in aerosol dry shampoo spray products and aerosol dry conditioner spray products. Nothing is more important to us than the safety of the consumers who use our products and the quality of the products we ship." No other products from Pantene, Aussie, Herbal Essences, Hair Food, and Waterlless thanss are in the scope of this recall and such other products may continue to be used as intended, including those aerosol dry shampoo spray products with production code ranges different from those specifically communicated. The vast majority of our products are not part of this recall, including mousses, hairsprays, liquid shampoos, liquid conditioners, styling products, treatments, and unaffected aerosol dry shampoo sprays. The recalled products were distributed nationwide in the United States through retail outlets and online. Retailers have been alerted to remove recalled products from shelves. Our brands will also offer reimbursement for consumers who have purchased products impacted by this recall. Consumers should stop using and appropriately discard the affected aerosol dry conditioner spray products and aerosol dry shampoo spray products.
EQRX CMLT

Hot Stocks

12:49 EST EQRx, Inc. debuts as public company following business combination completion - CM Life Sciences III (CMLT), a life science-focused SPAC, sponsored by affiliates of Casdin Capital, LLC and Corvex Management LP, and EQRx, Inc., announced the completion of their business combination. The business combination was approved by CM Life Sciences III's stockholders at its special meeting held on December 16, 2021. EQRx, Inc., the resulting combined company, and its common stock will commence trading on the Nasdaq Global Market on Monday, December 20, 2021, under ticker symbol "EQRX." As a result of the business combination and the previously announced private placement, EQRx received approximately $1.3B in cash proceeds after deducting certain transaction fees and expenses. "We are excited to begin a new chapter as a publicly traded company to make sustainable and affordable drug pricing a reality," said Melanie Nallicheri, CEO of EQRx. "EQRx is well-positioned to develop a broad portfolio of innovative, lower-cost medicines while building unique long-term partnerships with payers and health systems to benefit people around the world."
FMAO

Hot Stocks

12:27 EST Farmers & Merchants raises Q4 cash dividend payment by 11.8% to 19c per share - The Board of Directors of Farmers & Merchants Bancorp announced that it has approved an 11.8% year-over-year increase in the company's quarterly cash dividend. The new cash dividend has been raised to 19c per share from the previous dividend of 18c and represents the second quarterly increase this year in the company's regular dividend. The fourth quarter dividend is payable on January 20, 2022, to shareholders of record as of December 28, 2021. Lars B. Eller, President and CEO stated: "Today's announcement reflects the positive momentum underway at F&M, as well as the benefits our recent acquisitions are having on earnings. I am extremely proud of our long-standing track record of dividend increases. As our scale and profitability continues to grow, we are committed to returning additional capital to our shareholders."
NVO

Hot Stocks

12:24 EST Novo Nordisk says won't meet U.S. Wegovy demand in first half of 2022 - Novo Nordisk announced that a contract manufacturer filling syringes for Wegovy pens for the U.S. market has temporarily stopped deliveries and manufacturing following issues with "Good Manufacturing Practices." As a consequence, Novo Nordisk does not expect to be able to meet demand in the U.S. in the first half of 2022 and few new patients are expected to be able to initiate treatment. "The priority for Novo Nordisk is patients who have already initiated treatment with Wegovy," the company said in a statement. Novo Nordisk currently expects to be able to meet demand in the U.S. in the second half of 2022. It said the supply challenges will not impact the previously communicated financial outlook for 2021.
NVS

Hot Stocks

12:21 EST Novartis does not expect to meet U.S. Wegovy demand in first half of 2022 - Novo Nordisk announced that a contract manufacturer filling syringes for Wegovy pens for the U.S. market has temporarily stopped deliveries and manufacturing following issues with "Good Manufacturing Practices." As a consequence, Novo Nordisk does not expect to be able to meet demand in the U.S. in the first half of 2022 and few new patients are expected to be able to initiate treatment. "The priority for Novo Nordisk is patients who have already initiated treatment with Wegovy," the company said in a statement. Novo Nordisk currently expects to be able to meet demand in the U.S. in the second half of 2022. It said the supply challenges will not impact the previously communicated financial outlook for 2021.
GT

Hot Stocks

12:03 EST Goodyear announces launch of 'first' EV-tuned replacement tire for North America - Goodyear Tire & Rubber announced the launch of the new ElectricDrive GT, which it said marks "Goodyear's first replacement tire in North America tuned for electric vehicles." The Goodyear ElectricDrive GT is "an ultra-high performance, all-season tire that delivers long-lasting tread wear and a quiet ride for EV drivers and passengers," the company stated. Goodyear added: "While Goodyear plans to expand the ElectricDrive product portfolio in 2022, the initial release of the Goodyear ElectricDrive GT is available in size 255/45R19 104W XL. This tire will be available through goodyear.com and is an ideal fit for some of the most popular EV high-performance models."
XPRO

Hot Stocks

12:00 EST Expro falls -10.4% - Expro is down -10.4%, or -$1.51 to $13.00.
GRN

Hot Stocks

12:00 EST General Re Corporation falls -14.2% - General Re Corporation is down -14.2%, or -$4.75 to $28.76.
BKSY

Hot Stocks

12:00 EST BlackSky falls -15.3% - BlackSky is down -15.3%, or -$1.08 to $5.96.
TDOC

Hot Stocks

12:00 EST Teladoc rises 10.6% - Teladoc is up 10.6%, or $9.30 to $96.73.
NVTA

Hot Stocks

12:00 EST Invitae rises 11.2% - Invitae is up 11.2%, or $1.73 to $17.19.
AMC

Hot Stocks

12:00 EST AMC Entertainment rises 15.9% - AMC Entertainment is up 15.9%, or $3.88 to $28.33.
GM

Hot Stocks

11:38 EST General Motors announces first deliveries of GMC Hummer EV, BrightDrop EV600 - General Motors announced the first deliveries of its first next-generation electric vehicles, the GMC HUMMER EV Edition 1 Pickup and BrightDrop EV600 light commercial vehicle, both built on the Ultium Platform. "This is the first chapter for Ultium - and for GM's transition to a zero-emissions future. Both commercial and retail customers will benefit from the EV experience, from exhilarating acceleration to low cost of operation, versatility and ability to customize after the sale. GM is ideally positioned to provide EVs for every customer in every segment, retail or commercial," said GM President Mark Reuss. GM's next Ultium-based vehicle, the Cadillac LYRIQ, is expected to launch as scheduled in the first half of 2022 and will be assembled in Spring Hill, Tennessee, the company said. The Chevrolet Silverado EV officially debuts next month at CES, GM added. Reference Link
MSGE

Hot Stocks

11:18 EST MSG Entertainment says four Christmas Spectacular shows canceled today - The Christmas Spectacular Starring the Radio City Rockettes made the following statement about today's shows: "We regret to announce that the four shows scheduled for today, Friday, December 17 have been canceled due to breakthrough COVID-19 cases in the production. We apologize for the inconvenience, and will make announcements about future shows as soon as possible." Tickets will be refunded at the original point of purchase, the company stated.
PFE BNTX

Hot Stocks

11:17 EST Pfizer, BioNTech studying third Covid vaccine shot in kids - Pfizer (PFE) and BioNTech (BNTX) said that following a routine review by the external independent Data Monitoring Committee, the companies will amend the clinical study evaluating the safety, tolerability, and immunogenicity of the Pfizer-BioNTech COVID-19 Vaccine in children 6 months to under 5 years of age. The study will now include evaluating a third dose of 3 micrograms at least two months after the second dose of the two-dose series to provide high levels of protection in this young age group. "While the study is ongoing and remains blinded, a pre-specified immunogenicity analysis was conducted on a subset of the study population one month following the second dose. Compared to the 16- to 25-year-old population in which high efficacy was demonstrated, non-inferiority was met for the 6- to 24-month-old population but not for the 2- to under 5-year-old population in this analysis. No safety concerns were identified and the 3 microgram dose demonstrated a favorable safety profile in children 6 months to under 5 years of age," the company said in a statement. Pfizer and BioNTech also plan to evaluate a third dose of the 10 microgram formulation in children 5 to under 12 years of age. Furthermore, the companies have initiated a low dose sub-study of a third dose of 10 microgram or 30 microgram in approximately 600 adolescents aged 12- to 17, to assess safety and immunogenicity. Reference Link
TAK

Hot Stocks

11:11 EST Takeda receives 'positive' CHMP opinion for vedolizumab IV - Takeda Pharmaceutical Company Limited announced today that the Committee for Medicinal Products for Human Use of the European Medicines Agency has recommended the approval of intravenous vedolizumab for the treatment of adult patients with moderately to severely active chronic pouchitis, who have undergone proctocolectomy and ileal pouch-anal anastomosis for ulcerative colitis, and have had an inadequate response with or lost response to antibiotic therapy. The CHMP opinion will now be reviewed by the European Commission. If approved, vedolizumab will become the first treatment indicated for active chronic pouchitis across the European Union. Pouchitis is a major complication after proctocolectomy with IPAA in UC patients. Although acute pouchitis may respond to antibiotic therapy, antibiotic-refractory pouchitis, where the condition does not adequately respond to antibiotic therapy, can result in frequent relapses. Antibiotic-refractory pouchitis affects 10-15% of patients with pouchitis globally, and can have a considerable impact on their quality of life. "Takeda has made significant strides in advancing the treatment and care of patients with gastrointestinal diseases and we welcome today's positive opinion for vedolizumab in pouchitis" said Chinwe Ukomadu, head, GI Therapeutic Area Unit, Takeda. "Pouchitis can be a long-term, debilitating disease that has a large impact on the quality of life of patients. We are pleased to bring a new non-surgical treatment option to patients in Europe for whom there is currently no specific approved therapy and we will continue to investigate the use of vedolizumab for this and other such indications where there is an unmet need."
EVA

Hot Stocks

11:03 EST Enviva Partners announces unitholder approval of corporate conversion - Enviva Partners announced that unitholders voted on and overwhelmingly approved the proposed conversion of Enviva from a limited partnership to a corporation named Enviva at the virtual special meeting of its unitholders held on December 17, 2021. Of the votes received at the Special Meeting, 99.75% were cast in favor of the Conversion. Based on the unitholder approval of the Conversion, Enviva intends to "check the box" to be treated as a corporation for federal income tax purposes on December 29, 2021. Subsequently, the Conversion is expected to be completed on December 31, 2021, whereby each outstanding Enviva common unit will be exchanged for one share of common stock of Enviva Inc. Enviva Inc.'s common stock, to be listed on the New York Stock Exchange under the same "EVA" ticker symbol, is expected to begin trading on January 3, 2022.
ARW

Hot Stocks

11:02 EST Arrow Electronics announces additional $600M share repurchase authorization - Arrow Electronics announced the approval by the company's Board of Directors of the repurchase of up to an additional $600M of common stock through a share repurchase program. In the five years from the fourth quarter of 2016 to the third quarter of 2021, the company repurchased approximately $2B worth of shares. "Our growth, profitability, and the effective management of our working capital and balance sheet, afford us the ability to return significant cash to shareholders through share repurchases," said Michael J. Long, chairman, president, and CEO. "We have reduced shares outstanding by approximately 21% over the last five years."
TCEHY

Hot Stocks

11:01 EST Tencent acquires Turtle Rock Studios parent Slamfire; terms not disclosed - Tencent Holdings has acquired Turtle Rock Studios' parent company, Slamfire, Inc., the companies announced. Turtle Rock will become part of Tencent, while retaining its independent operations out of Lake Forest, CA, USA, and its existing team will continue to run all studio operations, led by co-founders Phil Robb and Chris Ashton. The acquisition will have no effect on Back 4 Blood, Turtle Rock'smultiplayer action game, which is published by Warner Bros. Games. "We are all looking forward to joining the Tencent family of studios," said Steve Goldstein, president and general manager of Turtle Rock Studios.
VEON

Hot Stocks

10:57 EST VEON acquires cloud service provider IBS DataFort, terms not disclosed - VEON has acquired IBS DataFort, a cloud IT infrastructure provider. The acquisition was made by VEON's VimpelCom Russian subsidiary that runs the Beeline mobile operator brand and IBS DataFort will be integrated into Beeline's BeeCLOUD business unit. The company said, "IBS DataFort is a provider of IT and security services and is one of the largest and fastest growing cloud computing companies in Russia. The company has been in the information technology market since 2001 and offers managed private, public and hybrid cloud services to address a full range of business needs. The acquisition will enable VEON's Beeline mobile operator in Russia to expand its portfolio of cloud services for business customers while also becoming one of the leading players in the market. Beeline also plans to jointly develop new products and integrated solutions at the intersection of cloud, cybersecurity, Big Data analytics and IoT."
NVAX

Hot Stocks

10:48 EST Novavax, SII annuaonce WHO grants emergency use listing for NVX-CoV2373 - Novavax and Serum Institute of India announced that the World Health Organization has granted Emergency Use Listing for NVX-CoV2373, Novavax' recombinant nanoparticle protein-based COVID-19 vaccine with Matrix-M adjuvant, for active immunization of individuals 18 years of age and older for the prevention of coronavirus disease 2019 caused by SARS-CoV-2. Today's EUL pertains to vaccine manufactured and marketed by SII as COVOVAX, a novel recombinant, adjuvanted SARS-CoV-2 rS Vaccine, in India and licensed territories. An additional EUL filing is under review by the WHO for vaccine to be marketed by Novavax under the brand name Nuvaxovid. The EUL prequalifies Novavax' COVID-19 vaccine as meeting the established WHO standards for quality, safety and efficacy. EUL is a prerequisite for exports to numerous countries, including those participating in the COVAX Facility, which was established to allocate and distribute vaccines equitably to participating countries and economies. The grant of EUL was based on the totality of preclinical, manufacturing and clinical trial data submitted for review. This includes two pivotal Phase 3 clinical trials: PREVENT-19, which enrolled approximately 30,000 participants in the U.S. and Mexico, the results of which were published December 15, 2021 in the New England Journal of Medicine; and a trial that evaluated the vaccine in more than 14,000 participants in the U.K., the results of which were published June 30, 2021 in NEJM. In both trials, NVX-CoV2373 demonstrated high efficacy and a reassuring safety and tolerability profile. Novavax will continue to collect and analyze real-world data, including the monitoring of safety and the evaluation of variants, as the vaccine is distributed. Novavax and SII recently received emergency use authorization for COVOVAX in Indonesia and the Philippines. The vaccine is also currently under review by multiple regulatory agencies worldwide. The company expects to submit its complete chemistry, manufacturing and controls data package to the U.S. FDA by the end of the year.
GBT

Hot Stocks

10:46 EST Global Blood Therapeutics' Oxbryta receives posititve CHMP opinion - Global Blood Therapeutics announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency adopted a positive opinion recommending marketing authorization for Oxbryta tablets for the treatment of hemolytic anemia due to sickle cell disease in adults and pediatric patients 12 years of age and older as monotherapy or in combination with hydroxycarbamide. Oxbryta, an oral treatment taken once daily, would be the first medicine available in Europe that directly inhibits sickle hemoglobin polymerization, the molecular cause of sickling and destruction of red blood cells in SCD. Based on this CHMP opinion, a decision by the European Commission, which authorizes marketing approval in the European Union, is expected in the first quarter of 2022. If approved by the EC, Oxbryta will receive marketing authorization in all EU member states and Iceland, Liechtenstein and Norway.
TGLS

Hot Stocks

10:36 EST Tecnoglass disputes allegations in short seller report, forms special committee - Tecnoglass announced that the company's Board of Directors has formed a Special Committee of independent directors. The Special Committee has retained Covington & Burling LLP, which will be supported by a global accounting firm, to assist the Special Committee in analyzing the recent short seller report issued on December 9, 2021.Tecnoglass disputes the allegations in the recent short seller report, and the company is committed to doing business in the most ethical and transparent manner and complying with all applicable laws. Although the Special Committee is currently unable to predict the timing or outcome of the analysis, the company is diligently providing support to Covington as it works to complete the analysis as soon as possible, the company said in a statement.
GIS

Hot Stocks

10:31 EST General Mills names Doug Martin chief brand and disruptive growth officer - General Mills announced Doug Martin as chief brand and disruptive growth officer, effective Jan. 3, 2022. In addition to his current role as chief disruptive growth officer, Martin has overseen brand experience since July 2021. Martin will continue to report to Dana McNabb, chief strategy and growth officer, and oversee the company's global brand building capability, as well as its emergent business innovation, the company said in a statement.
MOXC

Hot Stocks

10:11 EST Moxian to enter bitcoin mining business, hold special meeting of shareholders - Moxian announced Thursday that pursuant to its decision to enter into the bitcoin mining business and other related activities, it will hold a Special Meeting of Shareholders on Tuesday, December 28, 2021 at 11:00 am, local time in China. At the meeting, Shareholders who are registered as of December 9, 2021 will be eligible to attend and vote on the following three proposals: To approve the Share Purchase Agreement, dated December 6, 2021, by and among Moxian and certain non-U.S. accredited investors in connection with placement of 20,000,000 ordinary shares of the Company, at a price of $2.50 per share for aggregate gross proceeds of $50,000,000, To approve the Asset Purchase Agreement, dated December 6, 2021, by and between Woodland Corporation Limited, a Hong Kong company and a wholly owned subsidiary of the company, and Starta Technology Services Limited, a Hong Kong company, for the purpose of purchasing certain bitcoin mining assets for a total consideration of $29.8M; and To approve to adjourn the Special Meeting to a later meeting date if needed to permit the further solicitation of proxies if management determines that there are insufficient votes and proxies to approve one or both of the Private Placement Proposal and Asset Purchase Proposal.
ZEPP

Hot Stocks

10:02 EST Zepp Health reports growth in global adult watch shipments in Q3 - Zepp Health continued its robust growth in global adult watch shipments in the third quarter of 2021, according to the Q3 2021 Quarterly Wearable Device Tracker by the International Data Corporation . The global shipments of Zepp Health's two independent brands, Amazfit and Zepp, outperformed the year-on-year growth rate of the adult watch market overall, boasting the sharpest increase among the top five market leaders in global sales. Zepp Health also saw outstanding performance in a number of countries and regions in Q3 2021, being ranked first in Brazil, the Czech Republic, Russia and Indonesia, with the market shares in Brazil and the Czech Republic exceeding 30%. While in Italy, Thailand and Spain, Zepp Health ranked second in shipments with a market share of around 20% each. The company ranked third in Mexico, fourth in Germany, South Korea and Japan, and fifth in India and the Saudi Arabia, where potential for growth remains high.
ASPHF

Hot Stocks

10:02 EST Ascentage Pharma granted orphan status for leukemia treatment - The FDA granted Ascentage Pharma orphan status for Olverembatinib, its treatment of acute myeloid leukemia. Reference Link
LTRN

Hot Stocks

10:01 EST Lantern Pharma treatment of atypical teratoid/rhabdoid tumor gets orphan status - On December 14, the FDA designated Lantern Pharma's treatment of atypical teratoid/rhabdoid tumor for orphan status, according to a post to the agency's website.Reference Link
BABA

Hot Stocks

10:01 EST Alibaba announces carbon neutrality goal by 2030 - Alibaba Group announced a pledge to achieve carbon neutrality in its own operations by 2030 and introduced a Scope 3+ target, a pioneering initiative aiming to facilitate 1.5 gigatons of decarbonization across its business ecosystem by 2035. Alibaba Group said it is committed to carbon neutrality for Scope 1 and 2 emissions by 2030, and has set a 50% carbon intensity reduction target for Scope 3 by 2030 using 2020 levels as baseline. Alibaba Cloud will bear responsibility for a higher Scope 3 target and aims to achieve carbon neutrality by 2030 in all three scopes. Alibaba Group has committed to join the Science Based Targets initiative and has aligned its decarbonization measures and strategy with the "Business Ambition for 1.5 degrees C" pledge, a critical target to avoid the catastrophic impacts of climate change as outlined by the 2015 Paris Agreement.
RERE

Hot Stocks

10:00 EST ATRenew falls -9.6% - ATRenew is down -9.6%, or -57c to $5.43.
GRN

Hot Stocks

10:00 EST General Re Corporation falls -10.5% - General Re Corporation is down -10.5%, or -$3.51 to $30.00.
BKSY

Hot Stocks

10:00 EST BlackSky falls -14.6% - BlackSky is down -14.6%, or -$1.03 to $6.01.
MIXT

Hot Stocks

10:00 EST MiX Telematics rises 6.8% - MiX Telematics is up 6.8%, or 77c to $12.12.
FDX

Hot Stocks

10:00 EST FedEx rises 7.6% - FedEx is up 7.6%, or $18.15 to $256.67.
NX

Hot Stocks

10:00 EST Quanex rises 12.9% - Quanex is up 12.9%, or $2.90 to $25.39.
CPRX

Hot Stocks

09:59 EST Catalyst Pharmaceuticals' marzeptacog alfa granted orphan status - On December 15, the FDA designated Catalyst Pharmaceuticals' marzeptacog alfa for orphan status as a treatment of bleeding episodes in patients with Hemophilia A or B, including those with inhibitors, according to a post to the agency's website. Reference Link
SGEN

Hot Stocks

09:58 EST Seagen's treatment of multiple myeloma receives FDA orphan designation - According to a post on the FDA's website, Seagen's treatment of multiple myeloma received orphan designation. Reference Link
VOR

Hot Stocks

09:58 EST Vor Biopharma granted orphan status for leukemia treatment - The FDA granted Vor Biopharma orphan status for its treatment of acute myeloid leukemia. Reference Link
ZH

Hot Stocks

09:47 EST Zhihu falls -5.3% - Zhihu is down -5.3%, or -31c to $5.53.
TKC

Hot Stocks

09:47 EST Turkcell falls -9.8% - Turkcell is down -9.8%, or -35c to $3.22.
GRN

Hot Stocks

09:47 EST General Re Corporation falls -10.5% - General Re Corporation is down -10.5%, or -$3.51 to $30.00.
WGO

Hot Stocks

09:47 EST Winnebago rises 6.8% - Winnebago is up 6.8%, or $4.63 to $72.50.
FDX

Hot Stocks

09:47 EST FedEx rises 7.5% - FedEx is up 7.5%, or $17.83 to $256.35.
NX

Hot Stocks

09:47 EST Quanex rises 8.7% - Quanex is up 8.7%, or $1.96 to $24.46.
RGRX

Hot Stocks

09:46 EST RegeneRx joint venture to hold pre-BLA meeting with FDA on Feb. 28 - RegeneRx Biopharmaceuticals announced that the U.S. FDA has accepted its request for a pre-BLA meeting pursuant to RGN-259, its novel product candidate for dry eye syndrome. The meeting is scheduled for February 28, 2022. The purpose of the pre-BLA meeting is to discuss with FDA the format, content, and acceptability of the anticipated BLA application. The Sponsor will provide the briefing document to the agency prior to the meeting that will include a review of clinical studies, non-clinical studies, CMC requirements, and previous meeting minutes between RegeneRx, ReGenTree and FDA. ReGenTree, LLC is a U.S. joint venture owned by HLB Therapeutics and RegeneRx Biopharmaceuticals, Inc. ReGenTree previously licensed RGN-259 from RegeneRx and is the entity responsible for clinical and regulatory development of the product candidate. RGN-259 is a sterile, preservative-free eye drop that in controlled clinical trials has been shown to quickly reduce certain signs and symptoms of dry eye syndrome and having no significant side effects that are commonly associated with other products approved for dry eye.
TGLS

Hot Stocks

09:46 EST Tecnoglass disputes allegations in short seller report, reaffirms FY21 outlook
CSGP

Hot Stocks

09:41 EST CoStar Group announces plans for expanded corporate campus in Richmond - CoStar Group announced the planned expansion of its research and technology center in Richmond, Virginia. The new corporate campus is expected to bring together over 3,000 employees to collaborate on technologies and research in support of the real estate industry. Over the next five to ten years, the planned growth would make CoStar Group the largest technology company and one of the largest private employers in Richmond. The new facility in Richmond will centralize CoStar Group's technology, research, operations and sales talent.
CERN ORCL

Hot Stocks

09:36 EST Cerner jumps 11% to $90.25 following reports of Oracle takeover talks
CNK

Hot Stocks

09:34 EST Cinemark announces record opening night for 'Spider-Man: No Way Home' - Cinemark announced that enthusiasm for Sony's "Spider-Man: No Way Home" set a U.S. box office record, delivering Cinemark's best opening night of all time. Ticket sales for the movie skyrocketed through advance sales and continued until opening. Demand to see the live-action multiverse in resulted in record-setting XD purchases.
PFE BNTX

Hot Stocks

09:30 EST Pfizer sees capacity for 4B Comirnaty doses to be produced in 2022 - Pfizer (PFE) says in slides it has 1.9B expected Comirnaty doses to be delivered in 2022 based on contracts signed as of mid-November 2021 and sees capacity for 4B doses to be produced in 2022. Pfizer sees about $31B in direct sales and alliance revenues anticipated in 2022 based on contracts signed as of mid-November 2021 and adds that it continues to engage with governments regarding potential additional orders for 2022. Reference Link
PFE

Hot Stocks

09:26 EST Pfizer says 'well positioned' as 'market leader' in COVID pandemic or endemic - In presentation slides, Pfizer said it "well positioned to continue to be a clear market leader" in a pandemic or endemic market for COVID-19 for Comirnaty, calling the vaccine a "large, long-term sustainable business for Pfizer." Based on contracts signed as of mid-November 2021, Pfizer said it has contracted $31B revenue for 1.9B doses in 2022 and more than 500M doses to date for 2023. "A variant vaccine could result in additional 2022 demand," the company added in its presentation slides. Reference Link
FCFS

Hot Stocks

09:19 EST FirstCash completes acquisition of American First Finance - FirstCash Holdings announced that it has closed its previously announced acquisition of American First Finance. The completion of the acquisition establishes FirstCash's entry into the large and growing lease to own and point-of-sale payment space. In connection with the completion of the transaction, effective December 16, 2021, the Company completed its previously announced holding company reorganization creating a newly-formed public company named FirstCash Holdings, Inc, which replaced FirstCash, Inc. as the public company trading on Nasdaq under the ticker symbol "FCFS". Each outstanding share of FirstCash, Inc. has been converted into an equivalent corresponding share of common stock in FirstCash Holdings, Inc. having the same designations, rights, powers and preferences and the qualifications, limitations and restrictions as the corresponding FirstCash, Inc. shares that were converted. FirstCash, Inc. now operates as a wholly-owned subsidiary of FirstCash Holdings, Inc. This holding company reorganization is intended to be a tax-free transaction for federal income tax purposes for the Company's shareholders. As previously announced, Doug Rippel, former Chairman and Founder of American First Finance, has joined the FirstCash Board of Directors following the closing of the transaction.
BLNK

Hot Stocks

09:17 EST Blink Charging to unveil suite of EV charging products at CES 2022 - Blink Charging will unveil seven new products at the annual Consumer Electronics Show taking place in Las Vegas next month. The new EV charging equipment, including both Level 2 and DC Fast Chargers, offer next-generation EV charging technology across the EV ecosystem, including home, fleet, multifamily and retail locations. Blink will also launch a new network and accompanying mobile app that enable a more seamless, efficient, and affordable charging experience for fleets and consumers.
CLAQ...

Hot Stocks

09:16 EST Nauticus Robotics to become public via merger with CleanTech Acquisition - Nauticus Robotics and CleanTech Acquisition Corp. (CLAQ) announced that they have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly listed company. Upon closing of the transaction, CLAQ will be renamed Nauticus Robotics, Inc. and is expected to remain listed on NASDAQ under the new ticker symbol "KITT". Nauticus' software, robots, and services provide customers the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets, while significantly reducing their operational and carbon footprints to improve offshore health, safety, and environmental exposure, the companies said in a statement. The company's estimated revenues in 2021 are approximately $8.2M, with strong visibility to achieve robust growth in subsequent years, including currently contracted orders that would more than double revenue in 2022. Nauticus' robotic systems and services will be delivered to commercial and government-facing customers primarily through a Robotics as a Service business model but could also include strategic partnerships for unit sales. The strong unit economics of the RaaS model target long-term corporate EBITDA margins of approximately 60%. Nauticus Founder, Chairman & CEO, Nicolaus Radford and the current management team will continue to lead the Combined Company. The pro forma equity valuation of the Combined Company is expected to be approximately $561M. Estimated cash proceeds to the Combined Company from the transaction are expected to consist of CLAQ's approximately $174.2M of cash in trust and approximately $73M from a fully committed Private Investment in Public Equity in equity and convertible notes anchored by existing investors. Proceeds from the fully committed PIPE Investment fully cover the minimum cash requirement for the transaction, reducing potential transaction uncertainty. Upon the closing of the transaction, and assuming none of CLAQ's public stockholders elect to redeem their shares of common stock and no additional shares of common stock are issued upon the closing of the transaction, it is anticipated that CLAQ's public stockholders would retain an ownership interest of approximately 33% in the Combined Company, the PIPE Investment investors will own approximately 6% of the Combined Company, the co-sponsors, officers, directors and other holders of CLAQ founder shares will retain an ownership interest of approximately 8% of the Combined Company, and the Nauticus stockholders will own approximately 53% of the Combined Company. These values exclude $75M of earn-out shares that would be paid in common stock if applicable requirements are met. Fully committed PIPE of approximately $73M in equity and convertible notes anchored by Schlumberger (SLB), Transocean (RIG), AeroVironment (AVAV), Material Impact and a large private university endowment, representing sufficient capital to meet the minimum cash required to close the transaction and to fully fund Nauticus' business plan. The board of directors of each of CLAQ and Nauticus approved the transaction, which is expected to close in the first half of 2022. The transaction will require the approval of the stockholders of CLAQ and is subject to other customary closing conditions including the receipt of certain regulatory approvals. The transaction will also require the approval of the stockholders of Nauticus. Stockholders holding the requisite vote of Nauticus have executed a support agreement and have agreed to vote in favor of the merger and related transactions by unanimous written consent or at a meeting of stockholders when called by Nauticus.
EZFL

Hot Stocks

09:16 EST EzFill enters branding, marketing partnership with Wonderfield - EzFill Holdings announced it has formed a new branding and marketing partnership with Wonderfield. The rebranding will include a new logo and marketing materials that retain EzFill's instantly recognizable orange hue. The marketing strategy will initially focus on something even more important than a full tank of gas: giving people more time to spend doing what they love. The campaign is scheduled to launch throughout South Florida in January with billboards on i95, wrapped vehicles, and a fully integrated digital strategy that will bring greater awareness to consumers, fleet businesses, and specialty operators.
SEED

Hot Stocks

09:11 EST Origin Agritech's drought resistant GMO trait completes production trials - Origin Agritech announced that its drought resistant GMO trait has completed production trials and an application has been filed for biosafety certificate approval. Through its collaboration with the Chinese Academy of Agricultural Sciences, Origin has already successfully converted its elite corn hybrids into drought resistant traits. The trait has expressed excellent performance under water stress conditions through the whole growing period. Multiyear experiments have shown the yield of drought tolerance corn is 9.2-16.2% higher than non-GMO corn under similar conditions. Under irrigated conditions, the GMO enhanced corn increases water use efficiency by 33%-47%.
CHRS

Hot Stocks

09:11 EST Coherus Biosciences appoints Theresa LaVallee as CDO - Coherus BioSciences announced the addition of Theresa LaVallee, Ph.D. as its Chief Development Officer. Dr. LaVallee will serve as a member of the Company's executive leadership team and oversee all regulatory matters and product development functions, reporting to Denny Lanfear, President and CEO of Coherus Most recently, Dr. LaVallee was Vice President, Translational Medicine and Regulatory Affairs at the Parker Institute for Cancer Immunotherapy where she provided scientific leadership for clinical strategy for development of novel immuno-oncology therapies and helped establish the institute's clinical, translational and regulatory organization
FWBI

Hot Stocks

09:07 EST First Wave BioPharma announces adjournment of annual meeting - First Wave BioPharma announced that it has adjourned its 2021 Annual Meeting of Stockholders in order to provide stockholders additional time within which to vote on all proposals, including Proposal 2 to approve an amendment to the Company's certificate of incorporation to increase the Company's authorized shares of common stock from 25,000,000 to 50,000,000. The Company believes there is significant support for Proposal 2. At the time of the Annual Meeting, approximately 83% of the votes cast on Proposal 2 were voted in favor of its approval; however, because Proposal 2 must be approved by a majority of the outstanding shares of common stock, it has not yet received a sufficient number of votes in its favor. The Company's Board of Directors continues to believe that Proposal 2 is advisable and that it is in the best interests of the Company's stockholders to consider and act upon Proposal 2. Therefore, the Company adjourned the Annual Meeting. The adjourned meeting will be held at 9:00 a.m. EST on January 7, 2022.
CWBR

Hot Stocks

09:06 EST CohBar announces changes to board of directors, resignation of CSO - CohBar announced changes to its Board of Directors, Scientific Advisory Board, SAB, and R&D leadership. CohBar's founders Drs. Nir Barzilai, Pinchas Cohen, and John Amatruda have transitioned from the company's Board of Directors to a reconstituted SAB. In addition, Ken Cundy, Ph.D. has resigned from his position as Chief Scientific Officer, CSO, effective March 31, 2022, in order to explore other opportunities. The company announces the appointment of Kent Grindstaff, Ph.D., as CohBar's Senior Vice President of Research, effective January 4, 2022. Dr. Grindstaff previously served for six years as the VP, Biology at CohBar. Dr. Grindstaff rejoins the company from BioAge Labs, where he was the Senior Vice President, Discovery Research.
NWVCF

Hot Stocks

09:04 EST EnWave announces grant of restricted share rights, stock options - EnWave Corporation announced that pursuant to the Company's Restricted Share Rights Plan, an aggregate total of 245,000 Restricted Share Rights were awarded to the independent directors and certain officers of the Company. The RSRs granted will vest three years from the date of award on December 16, 2024. Equity incentive awards form part of the Company's annual independent director compensation program. Additionally, the Company has granted an aggregate total of 800,000 incentive stock options pursuant to the Company's Stock Option Plan to officers of the Company. The incentive stock options are exercisable at a price of $0.90 per share, the last closing price per share on the Company's common shares on the TSX Venture Exchange on the date of the grant. The incentive stock options are exercisable for a term of five years expiring on December 16, 2026 and will vest in accordance to provisions set out in the Plan, or as otherwise required by the TSXV. These equity incentive awards are subject to regulatory approval.
SLNH

Hot Stocks

09:04 EST Soluna Holdings announces LOI for the sale of its MTI Instruments business - Soluna announced that it has entered into a non-binding letter of intent, LOI, for the potential sale of its MTI Instruments subsidiary with a strategic buyer in the test and measurement space. Michael Toporek, CEO of Soluna Holdings, stated, "As we committed to shareholders, we would explore potential strategic transactions for our instruments business so that we could focus on being a pure play green computing, zero-carbon computing and cryptocurrency mining company. We have moved to the exclusive phase of a potential transaction." Toporek added, "MTI is a great business with a bright future that we know will continue to thrive."
BHAT

Hot Stocks

09:03 EST Blue Hat Interactive granted extension to meet continuing listing requirements - Blue Hat Interactive announced that on December 16, the company received a 180 calendar day extension from Nasdaq's Listing Qualifications Department to meet Nasdaq's continuing listing requirements by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. The company now has until June 13, 2022 to regain compliance. If at any time before June 13, 2022, the bid price of the company's ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive trading days, the company will regain compliance with the Nasdaq Listing Rules, and the matter will be closed.
REAL

Hot Stocks

09:03 EST RealReal provides notice of proposed settlement of derivative action - The RealReal provided notice of proposed settlement of derivative action. On November 5, 2021, counsel for Plaintiffs and TRR, in its capacity as a nominal defendant, entered into the Stipulation in the Consolidated Action, which was filed derivatively on behalf of TRR, in the United States District Court for the District of Delaware against certain current and former directors and officers of the Company and against the Company as a nominal defendant. The Stipulation and the Settlement contemplated therein, subject to the approval of the Court, are intended by the Settling Parties to fully, finally, and forever compromise, resolve, discharge, and settle the Released Claims and to result in the complete dismissal of the Consolidated Action with prejudice, upon the terms and subject to the conditions set forth in the Stipulation. The proposed Settlement requires the Company to adopt certain corporate governance reforms and procedures. In light of the substantial benefits conferred upon TRR by Plaintiffs' Counsel's efforts, the Company and Plaintiffs' Counsel participated in negotiations under the assistance of a mediator regarding the attorneys' fee and expenses to be paid by TRR to Plaintiffs' Counsel and have agreed that TRR shall pay to Plaintiffs' Counsel five hundred thousand dollars in attorneys' fees and expenses, subject to Court approval. Plaintiffs' Counsel shall also apply to the Court for service awards to be paid to each of the Plaintiffs in the amount of one thousand five hundred dollars each. to be paid out of the Fee and Expense Amount.
ALZN

Hot Stocks

09:03 EST Alzamend Neuro announces topline data from AL001 trial - Alzamend Neuro announced that it has received topline data from its Phase 1 clinical trial for AL001. The purpose of the Phase 1 first-in-human study was to determine the pharmacokinetics, safety and tolerability of AL001 so as to target doses for a planned Phase 2 multiple ascending dose study in Alzheimer's patients. AL001 is a lithium-delivery system; it is a lithium-salicylate-L-proline engineered ionic co-crystal under development as an oral treatment for patients with dementia related to mild, moderate, and severe cognitive impairment associated with Alzheimer's disease. During this Phase 1 first-in-human trial, participants received a single dose of AL001 containing lithium in an amount equivalent to 150 mg lithium carbonate; this is the dose proposed by the inventors as likely appropriate for Alzheimer's treatment when given three times daily. Currently, marketed immediate-release lithium carbonate 300 mg are given three times daily; for example, lithium carbonate 300 mg three times daily is a dose commonly used for bipolar affective disorders. It can be difficult to set the appropriate dose of lithium carbonate and other lithium products due to the small margin between effective and toxic blood levels and to avoid side effects or inadequate treatment outcomes. Dose-adjusted relative bioavailability analyses of the rate and extent of lithium absorption indicate that AL001 is bioequivalent to the marketed 300 mg lithium carbonate product and the shapes of the lithium plasma concentration versus time curves are similar. AL001 salicylate plasma concentrations were observed to be well tolerated and consistently within safe limits and the safety profiles of both AL001 and the marketed lithium carbonate capsule were benign. Such findings may allow the Company to reduce or eliminate the need for Phase 2 and Phase 3 studies of efficacy and/or safety of AL001 in such indications as bipolar/affective disorders in which lithium efficacy has been established. Bioequivalence may have utility for AL001 when seeking approval for the indications of currently marketed lithium products, and for new indications as a benchmark for safety. Given the systemic pharmacokinetic similarity to marketed immediate-release lithium carbonate products, AL001 may be dosed three times daily in the planned Phase 2 study, a multiple ascending dose safety study in Alzheimer's patients.
TASK

Hot Stocks

09:02 EST TaskUs announces strategic partnership with ASAPP - TaskUs has announced a strategic partnership with ASAPP, an artificial intelligence research-driven company, at Customer Contact Week, CCW. "The partnership will unlock the contact center of the future powered by digitally enabled customer service teammates and AI-Native technology to elevate frontline teammates' performance," the company said. The partnership will combine ASAPP technology with TaskUs services and experience working with fast-growing technology companies. "This partnership between ASAPP and TaskUs is designed to deliver exceptional results for our clients and their customers. ASAPP automates time-consuming service and sales processes to increase overall efficiency, enabling TaskUs teammates to focus on providing differentiated customer experiences and resolve customer issues. They will help TaskUs raise human performance, making our frontline teammates smarter and more effective through advancements in its AI applications and services," said Jarrod Johnson, TaskUs Chief Customer Officer. "Our partnership with ASAPP represents the most timely, in-demand advantages of digital transformation-an area where TaskUs truly excels-to more large enterprises seeking its benefits."
ABEO

Hot Stocks

09:01 EST Abeona Therapeutics prices public offering of 44.7M shares of common stock - Abeona Therapeutics announced the pricing of its underwritten public offering of 44,700,000 shares of its common stock and warrants to purchase 44,700,000 shares of its common stock at a combined offering price to the public of $0.39 per one share of common stock and one warrant to purchase one share of common stock. The warrants have an exercise price of $0.39 per share of common stock, are exercisable immediately, and will expire five years from the date of issuance. The aggregate gross proceeds from the offering are expected to be approximately $17.5 million, before deducting the underwriting discounts and commissions and other offering expenses payable by Abeona. The offering is expected to close on December 21, 2021, subject to the satisfaction of customary closing conditions. Cantor Fitzgerald & Co. is acting as sole book-running manager for the offering, and A.G.P./Alliance Global Partners is acting as lead manager for the offering. Abeona intends to use the net proceeds of the offering to fund continued clinical development of pipeline products, as well as for working capital and corporate purposes.
WH

Hot Stocks

09:01 EST Wyndham Hotels & Resorts announces agreement with Ceres Development - Wyndham Hotels & Resorts announced an agreement with Ceres Development for three new Wyndham hotels, two in Indiana and one in Ohio. These newly rebranded hotels, celebrating their openings, continue the company's steady conversion growth, where it experienced 100% more domestic conversions in third quarter 2021 compared to third quarter 2019.
INVZ

Hot Stocks

08:53 EST Obayashi selects Innoviz's LiDAR for new tower crane system - Innoviz Technologies and Obayashi announced Obayashi's development of an automated tower crane system that utilizes Innoviz's LiDAR sensors. Obayashi's automated tower crane system is part of its recently announced autonomous solutions for excavation equipment, construction of concrete dams and backhoe loaders. Obayashi began using Innoviz's LiDAR on their sites in 2018 and is currently in the process of developing a full-scale system for building sites throughout Japan. Obayashi's recognition software extracts the data generated by Innoviz's LiDAR to measure the exact distance from objects and identify people and equipment in construction areas. Obayashi's system uses the data to send a series of step-by-step warnings to the crane operator, which enhances safety and enables a more streamlined and efficient process. Using Innoviz's LiDAR together with Obayashi's proprietary software has resulted in substantial savings related to the manual operation of the crane.
BORR

Hot Stocks

08:48 EST Borr Drilling secures contract for premium jack-up drilling rig 'Norve' - Borr Drilling is pleased to announce it has secured a contract for the premium jack-up drilling rig "Norve" with BW Energy for work in Gabon. The contract is expected to commence in the second half of 2022 after the completion of the rigs current contract. The work will cover 4 firm wells with an anticipated duration of 240 days plus options. Additionally, the company has secured a binding Letter of Award for the premium jack-up drilling rig "Thor" from an undisclosed operator in Southeast Asia. The program is expected to commence in June 2022 for a duration of one year plus options.
FRPT

Hot Stocks

08:43 EST Freshpet down 12% at $83.75 after cutting FY21 guidance on supply chain issues
KPTI

Hot Stocks

08:39 EST Karyopharm's partner Antengene receives marketing approval in China for XPOVIO - Karyopharm Therapeutics announced that its partner, Antengene, has been granted conditional approval for marketing by the China National Medical Products Administration for XPOVIO, a first-in-class, oral selective inhibitor of nuclear export compound, in combination with dexamethasone in patients with relapsed or refractory multiple myeloma who have received prior therapies and whose disease is refractory to at least a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody. Antengene has exclusive development and commercialization rights to selinexor in China and certain Asia Pacific countries. This conditional approval was based on the global Phase 2 STORM trial as well as results from Antengene's Phase 2 MARCH trial in China, which evaluated the efficacy and safety of selinexor plus dexamethasone in patients with relapsed/refractory multiple myeloma. The ongoing, randomized Phase 3 BENCH trial evaluating selinexor in combination with bortezomib and low-dose dexamethasone will serve as the confirmatory trial.
HRB MA

Hot Stocks

08:35 EST H&R Block appoints two new vice presidents - H&R Block (HRB) announced that Tom Gannon has joined the company as Vice President and Chief Government Relations Officer, and Nicki Cole has been promoted to Vice President, Technology, Small Business and Financial Services. In these new roles, Gannon will lead H&R Block's government relations strategy, and Cole will lead technology growth across the small business and financial services lines of business. Tom Gannon joins the company as Vice President and Chief Government Relations Officer. Prior to joining the company, Gannon was the Vice President, U.S. Government Affairs at Mastercard (MA). Nicki Cole has been promoted to Vice President, Technology, Small Business and Financial Services, where she will report to Chief Information Officer Alan Lowden and support the company's Small Business and Financial Services teams. Cole has been with H&R Block for 10 years
JPM

Hot Stocks

08:34 EST JPMorgan to pay $200M penalty to resolve SEC, CFTC charges on record-keeping - The Securities and Exchange Commission announced charges against J.P. Morgan Securities, a broker-dealer subsidiary of JPMorgan Chase & Co., for "widespread and longstanding failures" by the firm and its employees to maintain and preserve written communications. JPMS admitted the facts set forth in the SEC's order and acknowledged that its conduct violated the federal securities laws, and agreed to pay a $125M penalty and implement robust improvements to its compliance policies and procedures to settle the matter, the SEC announced. Separately, the Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against JPMorgan Chase Bank, N.A., J.P. Morgan Securities LLC, and J.P. Morgan Securities plc for failing to maintain, preserve, and produce records that were required to be kept under CFTC recordkeeping requirements, and failing to diligently supervise matters related to its businesses as CFTC registrants. JPMorgan admits the facts in the order and acknowledges that the conduct violated the Commodity Exchange Act and regulations, the CFTC said. The order requires JPMorgan to pay a $75M civil monetary penalty, to cease and desist from further violations of recordkeeping and supervision requirements, and to engage in specified remedial undertakings. Reference Link
HCDI...

Hot Stocks

08:34 EST Harbor Custom to accept bitcoin, twelve other cryptocurrencies for real estate - Harbor Custom Development announced it anticipates accepting Bitcoin and twelve other digital currencies as payment for its listed land, developed lots, residential homes, condominiums, and apartments in the Company's operating markets in Washington, California, Texas, and Florida beginning January 24, 2022. In addition to Bitcoin, the Company will also accept: Ethereum, USD Coin, XRP, Dogecoin, SHIBA INU, Binance USD, Wrapped Bitcoin, Litecoin, Dai, Bitcoin Cash, Pax Dollar & Gemini Dollar. Prior to the January 24, 2022 launch date Harbor may add or subtract certain digital currencies from the aforementioned approved list based on market conditions. All real estate transactions will be settled in U.S. dollars.
TRU

Hot Stocks

08:33 EST TransUnion completes sale of TransUnion Healthcare to nThrive for $1.7B - TransUnion announced that it completed the sale of TransUnion Healthcare to nThrive, a healthcare revenue cycle management software-as-a-service, SaaS, platform backed by Clearlake Capital Group, for $1.735B in cash. The transaction is expected to result in approximately $1.4B in after-tax proceeds at current tax rates. "The complementary nature of nThrive's and TransUnion Healthcare's solutions, as well as Clearlake's dedicated focus in healthcare technology, make this a compelling and exciting combination. We look forward to a productive ongoing relationship with nThrive," said Chris Cartwright, President and CEO of TransUnion. "With this divestiture completed, TransUnion further tightens our focus on providing credit, marketing and fraud mitigation solutions to help businesses and consumers transact with greater certainty."
GT

Hot Stocks

08:33 EST Goodyear Tire targets net-zero value chain GHG emissions by 2050 - The Goodyear Tire & Rubber Company announced its goal to reach net-zero value chain greenhouse gas emissions by 2050, aligned with the Science Based Targets initiative and its new Net-Zero Standard. The company also announced its commitment to achieve near-term science-based targets by 2030. In 2022, Goodyear will submit its 2030 and 2050 targets to SBTi for independent validation. Using 2019 as a base year, Goodyear is committed to reducing its Scope 1 and 2 emissions by 46% by 2030 and relevant Scope 3 emissions by 28% over the same time frame. The strategy to achieve these targets will expand on Goodyear's other sustainability-focused efforts, which will contribute to the company's goals, such as: The multiple-phase plan to procure 100% renewable energy in its facilities across Europe, Middle East and Africa by the end of 2022. The company's state-of-the-art technology in rubber compounding, tire construction and manufacturing, which contributes to reduced emissions through lower rolling resistance and reduced tire weight. Goodyear's increasing use of alternative raw materials, which has the potential to reduce its consumption of petroleum-based feedstocks and reduce its carbon footprint. This supports Goodyear's goal to create a 100% sustainable-material and maintenance-free tire by 2030.
BLPH

Hot Stocks

08:32 EST Bellerophon reports data from Phase 2 dose escalation study of INOpulse - Bellerophon Therapeutics announced positive top-line data from a recently completed Phase 2 dose escalation study evaluating the acute hemodynamic benefit of INOpulse via right heart catheterization for the treatment of pulmonary hypertension associated with sarcoidosis. The Phase 2 trial was designed as a proof of concept study to determine if iNO could demonstrate hemodynamic benefit in PH-Sarc. Key results included: All 8 subjects demonstrated decreases in mean pulmonary arterial pressure and pulmonary vascular resistance across the doses of INOpulse utilized in the study; The dose of iNO45 resulted in a median drop of 20% in PVR, compared to a median baseline PVR of 329 dyne/cm.sec-5; a reduction of 20% or more in PVR is generally considered to be clinically meaningful; Increasing to the highest dose, iNO125, demonstrated further improvement in PVR, with a median drop of 29%; Along with the improvements in PVR, mPAP decreased by a median of 6-10% across the doses of iNO30 to iNO125, compared to a median baseline mPAP of 37.2 mmHg; No treatment-emergent adverse events or serious adverse events occurred during the acute hemodynamic dose escalation phase of the study.
HLBZ

Hot Stocks

08:32 EST Helbiz awarded permit extensions in D.C. metropolitan area - Helbiz announced it has been awarded permit extensions in Washington D.C. and the surrounding Virginia cities of Alexandria, Arlington and Richmond into 2022 and 2023.
PTOTF

Hot Stocks

08:32 EST Patriot One announces formal release of operational exercise, report - Patriot One Technologies announced the formal release of an Operational Exercise and subsequent report executed by the National Center for Spectator Sports Safety and Security, documenting the Company's observed performance during real-world and simulated environments. The exercises were conducted to demonstrate Patriot One's performance relative to advertised capabilities and industry and professional sports leagues' security standards. The exercise incorporated a live stadium environment with 17,000 patrons and controlled observation areas. The exercises were conducted in October and November of 2021 as part of a comprehensive multi-step process to observe and document Patriot One's Threat Detection and Patron Screening Solution capabilities relative to professional leagues' safety standards. The rigorous process was designed to observe Patriot One's artificial intelligence-powered Multi-Sensor Gateway and Platform's operational feasibility in a stadium environment. Participants, observers and evaluators of the exercises included representatives from pro-sports leagues, security directors and personnel, and a former member of a U.S. government law enforcement organization, among others. The NCS at The University of Southern Mississippi established the Operational Exercise Program to assist practitioners and industry experts in identifying operational use cases for safety and security solutions. The exercise process and focus areas for this project were developed in cooperation with the NCS National Advisory Board, including representatives from professional sports leagues, select collegiate institutions, major events, and public assembly sites.
ACY

Hot Stocks

08:31 EST AeroCentury announces 5-for-1 forward stock split - AeroCentury announced that it plans to file a Certificate of Amendment to the Certificate of Incorporation of the Company to implement a 5-for-1 forward stock split of its issued and outstanding shares of common stock. Each shareholder of record as of December 30, 2021, the record date, will receive four additional shares of common stock for each share held as of the record date. No fractional shares of common stock will be issued in connection with the Stock Split. Instead, all shares will be rounded up to the next whole share. The payment date for the Stock Split will be January 7, 2022 and the company's common stock is expected to begin trading on a split-adjusted basis when the market opens on January 10, 2022.
BOOM

Hot Stocks

08:21 EST DMC Global to acquire 60% controlling interest in Arcadia - DMC Global has signed a definitive agreement to acquire a 60% controlling interest in privately held Arcadia for $282.5M in cash and DMC stock. Arcadia is a U.S. supplier of architectural building products, which include exterior and interior framing systems. Transaction details: DMC will purchase a 60% interest in Arcadia for $282.5M; $262M of the purchase price to be paid in cash and $20.5M will be paid in DMC stock; Cash portion to be financed with cash and marketable securities on DMC's balance sheet and funds from a $150M senior credit facility; DMC's total debt-to-adjusted EBITDA leverage ratio after closing will be 2.79 based on total borrowings of $150.0 million and pro forma adjusted EBITDA of $53.7M; total net debt-to-adjusted EBITDA leverage ratio will be 2.25 based on net debt of $120.8 million and pro forma adjusted EBITDA of $53.7M; Closing is expected to occur prior to December 31, 2021; DMC to acquire the remaining 40% interest in Arcadia through a three-year put and call option with a floor valuation of $187.1M; Total implied transaction value is $469.6M; and Transaction value is 8.6x Arcadia's trailing 12-month adjusted EBITDA of $54.6 million as of September 30, 2021. Kevin Longe, DMC's president and CEO, said, "This is a milestone transaction for DMC and aligns with our strategy of building a diversified portfolio of industry-leading businesses with differentiated products and services. The acquisition of Arcadia will double DMC's consolidated sales, strengthen our gross margins and provide diversification outside our more cyclical energy and industrial infrastructure markets.
GSK VIR

Hot Stocks

08:20 EST GlaxoSmithKline, Vir granted EC marketing authorization for Xevudy - GlaxoSmithKline plc (GSK) and Vir Biotechnology (VIR) announced that the European Commission has granted marketing authorization to Xevudy for the early treatment of COVID-19. Sotrovimab is now approved in the European Union for the treatment of adults and adolescents with COVID-19 who do not require supplemental oxygen and who are at increased risk of progressing to severe COVID-19. The grant of the marketing authorization in the EU is a result of the positive opinion issued on December 16 by the European Medicines Agency's Committee for Medicinal Products for Human Use. In July 2021, GSK and Vir announced a Joint Procurement Agreement with the EC to supply up to 220,000 doses of sotrovimab. Following the grant of the marketing authorization in the EU, Member States participating in the JPA can now order sotrovimab to support their pandemic responses.
NWFL

Hot Stocks

08:19 EST Norwood Financial raises quarterly dividend 7.7% to 28c per share - Norwood Financial announced that the Board of Directors declared a 28c per share quarterly dividend, payable February 1, 2022, to shareholders of record as of January 14, 2022. The 28c per share represents an increase of 7.7% over the cash dividend declared in the third quarter of this year and the fourth quarter of last year. During 2021, total cash dividends declared were $1.06 per share, compared to the $1.01 per share declared in 2020.
PSIX

Hot Stocks

08:18 EST Power Solutions announces executive VP, co-founder Winemaster's retirement - Power Solutions International announced that after 36 years at PSI, Executive Vice President, VP, and Company co-founder, Ken Winemaster is retiring from the company effective December 31, 2021. His operational duties will be assumed internally.
IMIMF

Hot Stocks

08:17 EST Interra reports molybdenite age dating from Gail area - Interra Copper is pleased to report the result of an age dating study on mineralization from the Gail Area completed at the Earth and Atmospheric Services Department of the University of Alberta. The study utilized rhenium-osmium age dating, a form of radiometric dating, of molybdenite from an outcrop sample. Interra collected the sample from a north-east trending, 20 cm wide quartz vein containing molybdenum, chalcopyrite and pyrite hosted in diorite, at its 206 square kilometre Thane Property in north-central British Columbia. The Re-Os date of from molybdenite on the Gail rock sample is within the Late Triassic to Early Jurassic porphyry Cu-Au age of mineralization cluster of 215-205Ma observed within porphyries located throughout British Columbia. Additionally, it postdates the recently dated diorite intrusive host in the Gail area which has an emplacement date of 206.6+/-0.9 Ma1 using LA-ICPMS z^. For reference, the Kemess Mine has a Re-Os date of molybdenite to be 201.3+/-1.2 and 201.1+/-1.2Ma on two sets of main stage veins. This date overlaps with a U-Pb zircon crystallization age for the Maple Leaf Granodiorite host of 199.6+/-0.6-Ma2. The dating procedure involved sampling areas with visible molybdenite followed by metal-free crushing, followed by gravity and magnetic concentration methods to obtain a molybdenite mineral separate. Methods used for molybdenite analysis are described in detail by Selby & Creaser and Markey et al. The 187Re and 187Os concentrations in molybdenite were determined by isotope dilution mass spectrometry using Carius-tube, solvent extraction, anion chromatography and negative thermal ionization mass spectrometry techniques. A mixed double spike containing known amounts of isotopically enriched 185Re, 190Os, and 188Os analysis is used. Isotopic analysis used a Thermo Scientific Triton mass spectrometer collector by Faraday.
SCPS

Hot Stocks

08:16 EST Scopus issues letter to stockholders asking to vote "FOR ALL" Scopus nominees - Scopus BioPharma issued a second letter to its stockholders in connection with the Company's Annual Meeting of Stockholders that will be reconvened on Monday, December 20, 2021 at 11:30 a.m., Eastern time. The record date for the Annual Meeting remains August 16, 2021. Joshua Lamstein, Chairman of Scopus, wrote the following: "Time is running short to cast your vote "FOR ALL" Scopus' highly qualified and experienced director nominees... Laster would have you believe that Scopus and its board are preventing this campaign from being resolved. This is false. The truth is your board has made numerous settlement proposals and Laster has refused every effort at a reasonable compromise. Here are the facts: To mitigate rising expenses and the continued disruption caused by Laster's legal and proxy campaign, record ownership of the contested shares was ceded to Laster and the Company proposed paying reasonable legal fees. Scopus notes that HCFP, Scopus' co-founder and principal financial sponsor, and Laster originally agreed that the contested 3.5 million shares would be designated for charity. If Laster's stockholder group, comprised solely of himself and his daughters, truly had the best interests of stockholders at heart, it is reasonable to assume they would have declared victory and walked away with a total of 6 million shares, or a windfall of nearly $12 million even at the Company's current depressed stock price... If Laster is allowed to prevail at this Annual Meeting, he will be one step closer to seizing control of the Company at the 2022 Annual Meeting... Your board is committed to acting in the best interests of all stockholders and urges you to support the Company by voting "FOR ALL" of its director nominees - Raphael Hofstein, Ph.D. and David S. Battleman, M.D. - and "FOR" the appointment of Citrin Cooperman & Company, LLP as our independent registered public accounting firm for the 2021 fiscal year on the WHITE proxy card today.
APO

Hot Stocks

08:15 EST Apollo funds complete acquisition of Kem One Group - Apollo announced that funds managed by its affiliates have completed the acquisition of Kem One Group from De Krassny GmbH. Kem One is a leading European producer of polyvinyl chloride, used mainly in construction, packaging and medical applications, as well as caustic soda. The Company operates eight industrial sites across France and Spain. The acquisition marks the beginning of an exciting new phase for Kem One, as the Company pursues its growth strategy and executes plans to modernize its production footprint. With a long and highly successful track record in the chemicals sector, Apollo plans to leverage its knowledge and investment platform to support the Kem One team. Apollo-managed funds have completed 16 major chemicals transactions, including LyondellBasell, which was one of the most successful private equity investments of all time. Frederic Chalmin will continue as CEO of Kem One, reporting to the Board of Directors composed of several Apollo representatives as well as independent directors with industry expertise. James R. Voss has been appointed Chairman of the Board.
GSK VIR

Hot Stocks

08:14 EST GSK, Vir say Xevudy gets marketing authorization by EC for early COVID treatment - GlaxoSmithKline (GSK) and Vir Biotechnology (VIR) announced that the European Commission has granted marketing authorization to Xevudy for the early treatment of COVID-19. Sotrovimab is now approved in the European Union for the treatment of adults and adolescents aged 12 years and over and weighing at least 40kg with COVID-19 who do not require supplemental oxygen and who are at increased risk of progressing to severe COVID-19. The grant of the marketing authorization in the EU is a result of the positive opinion issued on December 16 by the European Medicines Agency's Committee for Human Medicinal Products, or CHMP, the companies said. In July, GSK and Vir announced a Joint Procurement Agreement with the EC to supply up to 220,000 doses of sotrovimab. "Following the grant of the marketing authorisation in the EU, Member States participating in the JPA can now order sotrovimab to support their pandemic responses," the companies stated.
AQST NBI

Hot Stocks

08:14 EST Aquestive Therapeutics added to Nasdaq Biotechnology Index - Aquestive Therapeutics announced that NASDAQ has added the company to the NASDAQ Biotechnology Index effective December 20, 2021.
TLLTF

Hot Stocks

08:12 EST TILT receives Massachussets CCCC approval for CAC adult-use operations - TILT Holdings announced that the Massachusetts Cannabis Control Commission has approved TILT's subsidiary, Commonwealth Alternative Care, to commence adult-use cannabis operations including cultivation, manufacturing, distribution and retails sales at its Taunton facility, effective December 20, 2021. With this approval to commence adult-use operations, CAC will be the first dispensary to open its doors to recreational cannabis customers in Taunton, Mass. Located at 30 Mozzone Boulevard, CAC's Taunton dispensary is located adjacent to its 100,000 square-foot cultivation and processing facility. Featuring 3,000 square-feet of nature-inspired space for customers and patients, CAC offers a wide selection of products from their house brands ONE, CHROMA and SLATE including flower, concentrates, edibles and topicals. Additionally, customers and patients can find products from industry-leading partner brands including 1906, AIRO, Her Highness, Old Pal, and Wana. CAC Taunton joins CAC Brockton in serving both adult-use customers and medical marijuana patients. An event to celebrate recreational cannabis sales is scheduled for Q1 2022.
AMTX

Hot Stocks

08:12 EST Aemetis signs 10-year supply agreement expected to generate $3B in revenue - Aemetis has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3B in revenue. Renewable diesel is a drop-in fuel that reduces greenhouse gases and other emissions from heavy duty vehicles. The renewable diesel to be supplied under the agreement will fuel an estimated 3.6B miles of heavy truck and cargo transportation. "This supply agreement represents the largest supply contract signed by Aemetis for our Riverbank Carbon Zero Plant," said Eric McAfee, the Founder, Chairman and CEO of Aemetis. "Combined with $2.1 billion of signed sustainable aviation fuel contracts, we have now signed more than $5 billion of binding offtake contracts related to the Riverbank production facility and also have MOU's signed with seven airlines for additional contracts."
GTX

Hot Stocks

08:11 EST Garrett Motion accelerates, expands Series B preferred stock redemptions - Garrett Motion announced it has taken further steps to improve its financial flexibility by accelerating and expanding Series B preferred stock redemptions, which Garrett anticipates will result in $411 million in debt reduction by the end of Q1 2022. On October 1, 2021 Garrett announced that it had amended the Certificate of Designations for the Series B preferred stock to provide for a partial redemption of Series B preferred stock in Q1 2022, which would result in a cash payment of $213 million. That first partial Series B preferred stock redemption has now been accelerated to December 28, 2021 and the corresponding cash payment slightly reduced to $211 million due to less accretion. In addition, Garrett plans to partially redeem additional shares of Series B preferred stock in Q1 2022 for a corresponding cash payment of $200 million. The second partial redemption is conditioned upon Garrett's board of directors having determined that Garrett otherwise has sufficient liquidity to effect the redemption. Garrett issued the Series B preferred stock upon completion of its financial restructuring on April 30, 2021 and an affiliate of Honeywell International Inc. is the only holder of the Series B preferred stock. The present value of Series B preferred stock reflects a 7.25% discount rate on the remaining scheduled payments, was approximately $585 million on June 30, 2021 and is expected to be approximately $400 million as of December 31, 2021 following the first partial redemption, with an expected further reduction to approximately $207 million as of March 31, 2022 following the completion of both partial redemptions.
LOVE

Hot Stocks

08:10 EST Lovesac publishes inaugural ESG report - The Lovesac has released its inaugural Environmental, Social, & Governance, ESG, Report. The report highlights Lovesac's priorities and initiatives on environmental stewardship, social commitments, corporate governance, and community service. Shawn Nelson, Chief Executive Officer, stated, "We view ESG as foundational to who we are as a company, how we operate as a team, and the way we approach manufacturing our products. To that end, our inaugural ESG report is reflective of our work over the past several years as a company, and highlights our commitment to making an impact across our omni-channel business model and in the communities we serve. We are very pleased with our ESG accomplishments to-date and have built the framework to continue to deliver against our future ESG goals as we work to create a more sustainable future for our customers, employees, suppliers, and stakeholders." Key highlights include: A commitment to begin analyzing the Company's GHG emissions; In the next year, the Company will work to align its ESG strategy with the UN Sustainable Development Goals; and actions to develop the Company's Diversity, Equity, and Inclusion practices; focus on the development of associates.
VINC

Hot Stocks

08:10 EST Vincerx Pharma doses first patient in Phase 1 dose-escalation study of VIP152 - Vincerx Pharma announced that the first patient has been dosed in the Company's Phase 1 dose-escalation study of VIP152 in relapsed or refractory chronic lymphocytic leukemia or Richter Syndrome. The Phase 1 study will evaluate VIP152 in patients with relapsed/refractory CLL who have failed a Bruton tyrosine kinase inhibitor and venetoclax and in patients with RS who have relapsed after, or been refractory to, at least one prior line of therapy for DLBCL and have MYC overexpression/amplification/translocation. A dose-escalation arm will be performed in R/R CLL before enrolling 20 additional patients in each of the CLL and RS cohorts. The Phase 1 dose-escalation in CLL and RS builds upon Vincerx's ongoing first-in-human study in patients with advanced cancer, which consists of two expansion arms. Arm 1 will enroll up to 40 patients with relapsed/refractory aggressive lymphoma, including DLBCL, transformed follicular lymphoma, patients with mantle cell lymphoma who have failed a BTKi, as well as patients with any other type of lymphoma characterized by a MYC aberration. Arm 2 will enroll up to 40 patients with advanced solid tumors, including patients with ovarian cancer, triple negative breast cancer, castration-resistant neuroendocrine prostate cancer, and any other solid tumor with MYC aberration. All patients must have confirmed MYC overexpression or translocation.
HRMY

Hot Stocks

08:09 EST Harmony Biosciences to be added to Nasdaq Biotech Index on December 20 - Harmony Bioscience announced that it has been selected for addition to the Nasdaq Biotechnology Index. Harmony's addition to the NBI will become effective prior to market open on Monday, December 20.
RFIL WTT

Hot Stocks

08:09 EST RF Industries to acquire Wireless Telecom radio frequency components business - RF Industries (RFIL) announced it has entered into a definitive agreement to acquire Microlab, the radio frequency components business of Wireless Telecom (WTT), for an aggregate cash consideration of $24.25M. The transaction, which was unanimously approved by the board of directors of both companies, is subject to various terms and conditions, including approval by Wireless Telecom Group's shareholders. Wireless Telecom Group has agreed to file a proxy statement regarding the proposed transaction with the Security and Exchange Commission. Closing of the transaction is anticipated to occur in the first calendar quarter of 2022. Microlab designs and manufactures high-performance RF and Microwave products enabling signal distribution and deployment of in-building DAS, wireless base stations and small cell networks, and generated unaudited revenue of approximately $16M and adjusted EBITDA of approximately $3.7M for the twelve-month period ended 9/30/2021. RF Industries expects the transaction to be immediately accretive to its stand-alone financials and anticipates realizing meaningful operating synergies upon the integration of the Microlab business. RF Industries intends to pay the purchase price with a combination of cash on hand and borrowings from a credit facility.
BHR

Hot Stocks

08:08 EST Braemar Hotels & Resorts reports preliminary portfolio occupancy 60.8% for Nov. - Braemar Hotels & Resorts reported preliminary portfolio occupancy of 60.8% for the month of November with an average daily rate of approximately $349 resulting in RevPAR of approximately $212. This RevPAR result represents an approximate increase of 151% versus November 2020 and an approximate increase of 3.8% versus November 2019. Additionally, for the month of November, Hotel Net Income was $1.2M. Comparable Hotel EBITDA for the month of November was $8.3M, a significant increase versus November 2020's Comparable Hotel EBITDA of negative $1.7M and an approximate 19% increase versus November 2019's Comparable Hotel EBITDA of $7M.
FCEL TEX

Hot Stocks

08:08 EST FuelCell appoints Dolger as Executive VP, General Counsel, Corporate Secretary - FuelCell Energy (FCEL) announced that Joshua Dolger has been appointed by FuelCell Energy's Board of Directors as the Company's Executive Vice President, VP General Counsel and Corporate Secretary. Dolger has been serving as interim General Counsel and Corporate Secretary since June 2021. Prior to joining the Company in May 2021, Dolger held a variety of legal positions of increasing responsibility at the headquarters of Terex Corporation (TEX).
BTX

Hot Stocks

08:08 EST Brooklyn ImmunoTherapeutics added to ICE Biotechnology Index - Brooklyn ImmunoTherapeutics announces that Brooklyn has been added to the ICE Biotechnology Index following the December 20, 2021 reconstitution.
TRDA

Hot Stocks

08:07 EST Entrada Therapeutics to be added to Russell 2000, 3000 Indexes - Entrada Therapeutics announced that the Company will be added to the Russell 2000 and Russell 3000 Indexes as part of the planned fourth quarter IPO additions, effective after the U.S. market opens on December 20, 2021.
GH

Hot Stocks

08:07 EST Guardant Health reaches target enrollment in ECLIPSE trial - Guardant Health announced that it has reached its target enrollment of 12,750 patients in ECLIPSE, a registrational study to evaluate the performance of its LUNAR-2 blood test to detect colorectal cancer, or CRC, in average-risk adults. Subject to positive study results, the number of patients currently enrolled in ECLIPSE is targeted to support a premarket approval, or PMA, submission to the FDA in 2022.
CCCC NBI

Hot Stocks

08:07 EST C4 Therapeutics added to Nasdaq Biotechnology Index - C4 Therapeutics announced its inclusion on the NASDAQ Biotechnology Index, effective on December 20, 2021.
AHT

Hot Stocks

08:06 EST Ashford Hospitality reports preliminary portfolio occupancy 61.6% for November - Ashford Hospitality reported preliminary portfolio occupancy of 61.6% for the month of November with an average daily rate of approximately $155 resulting in RevPAR of approximately $95. This RevPAR result represents an approximate decrease of 21% versus November 2019 and is the best monthly performance versus 2019 numbers since first quarter 2020. Additionally, for the month of November, Hotel Net Income was $0.6M. Comparable Hotel EBITDA for the month of November was $19.2M, a 407% increase over November 2020's Comparable Hotel EBITDA of negative $6.3M.
MBCN ALKT

Hot Stocks

08:06 EST Middlefield Banc expands digital capabilities - Middlefield Banc (MBCN) announced the expansion of its digital banking capabilities to support growing customer engagement across digital channels. "Over the past two years, Middlefield Bank has experienced significant growth for our digital banking services. We continue to focus on creating a frictionless environment for our customers regardless of how they choose to interact with us," stated Thomas Caldwell, Middlefield President and CEO. "As customer expectations evolve, our team continues to transform our digital capabilities and grow partnerships to serve our retail and business customers. Our commitment to service, quality and our communities are always at the forefront, and we are excited to bring expanded resources to our customers." Middlefield is implementing new digital tools with the following capabilities: Digital Account Opening: Middlefield Bank has partnered with Finzly, a financial technology company, to digitize the entire account opening process for personal and commercial customers. Property and Casualty Insurance: Middlefield has partnered with Insuritas, using their digital insurance agency platform to offer a full range of personal and commercial insurance products to customers through Middlefield's branches and call centers. Fraud Prevention: Middlefield has partnered with Alkami (ALKT) to launch a set of cash management solutions with its commercial customers to help prevent fraud and improve their experience.
RHHBY

Hot Stocks

08:05 EST Spark Therapeutics to invest $575M in gene therapy innovation center - Spark Therapeutics announced plans to invest an initial $575M in the creation of a new, state-of-the-art gene therapy innovation center on Drexel University's campus in the heart of Philadelphia's University City neighborhood. Through a 99-year ground lease of Drexel University's F Lot, the new center will be located at the intersection of 30th and Chestnut Streets and will create opportunities for collaboration with Drexel University and Philadelphia's booming life sciences community. Terms of the ground lease, including financial terms, were not disclosed. As part of Spark's now projected 1 million-square-foot campus in Philadelphia, the anticipated 500,000-square-foot, multi-story building will bring hundreds of the greatest minds in gene therapy together under one roof to drive science forward, challenge the inevitability of genetic disease, and serve as a Roche global center of excellence for gene therapy manufacturing. Roche, which is headquartered in Basel, Switzerland, will add Philadelphia to its list of worldwide product development sites. In addition to Spark's physical expansion, the announcement marks the beginning of a long-term partnership with Drexel University and is part of Spark's larger commitment to sparking positive change in the Philadelphia community. Construction of Spark's new gene therapy innovation center is anticipated to begin in the fourth quarter of 2022.
WTRH

Hot Stocks

08:05 EST Waitr Holdings to acquire Retail Innovation Labs for $90M in cash, shares - Waitr Holdings announced the company has entered into a non-binding letter of intent, or LOI, to acquire Retail Innovation Labs, a point of sale, or POS, inventory and compliance software business serving cannabis dispensary retailers in North America. The LOI sets forth a proposed purchase price of $90M, to be paid in a combination of cash and shares of the company's common stock, subject to customary adjustments. There can be no assurance that entry into the LOI will result in a definitive agreement or, if a definitive agreement is reached, the acquisition will close on the terms described above or at all. Legal, regulatory, business and financial diligence will need to be satisfactorily completed by both the company and Cova, as well as other customary conditions and approvals. Additionally, the company shared that in accordance with its previously announced rebranding strategy, its has acquired the "ASAP.com" domain name and reserved the Nasdaq trading symbol (ASAP). The company expects that "ASAP" will serve as the foundation of its brand moving forward.
FTFT

Hot Stocks

08:05 EST Future FinTech enters pact with APC to build cryptocurrency mining farm in U.S. - Future FinTech announced that the company signed a Cooperation Agreement with APC Service Ltd. to establish a joint venture in Ohio, to build a cryptocurrency mining farm with a first project phase of 50MW of processing power, which, if successful, could be expanded to a total project size of 300MW. When the first phase of the 50 MW mining site is completed, it is projected that it will deploy approximately 12,000 S19 Antminers and accommodate about 1.3 EH/s of hash power. The company will first establish a wholly-owned subsidiary, to be called FTFT Super-computing that is authorized to conduct business in Ohio to invest in, develop and operate the cryptocurrency mining farm. As per the Agreement, APC has the option right to purchase up to 30% of FTFT Super-computing within 365 days of the completion of first phase of the mining farm. The overall capacity of the cryptocurrency mining farm project is projected to be 300MW which will consist of a build-out of 50 MW of processing power each over six expansion phases. The total investment for the FTFT Ohio cryptocurrency mining farm project is estimated to be $62M, with each of the six stages of the project projected to be $10M per expansion phase; however, $12M is being allocated for the first phase of the project for the acquisition of the site, plant development and the upgrading of the power system. APC has identified the project site that has an existing facility for the first phase of the project, which is expected to be completed by June 2022.
VTSI

Hot Stocks

08:04 EST VirTra awarded standing offer from Government of Canada for simulation systems - VirTra has received a standing offer from the Government of Canada to supply marksmanship and judgmental use of force simulation technology to various law enforcement, border protection and corrections facilities throughout Canada. The standing offer allows the Government of Canada to repeatedly purchase goods and/or services, or a combination of goods and services at prearranged prices from VirTra, under set terms and conditions, when required. The award is part of a countrywide effort to enhance and standardize training from the Royal Canadian Mounted Police down to each individual agency. The award could include the delivery of multiple V-ST PRO single-screen simulators, authoring software, Threat-Fire consequence devices, weapon recoil kits, Conducted Electrical Weapons training cartridges and other tools designed for simulator training.
WTT RFIL

Hot Stocks

08:04 EST Wireless Telecom sells MicroLab to RF Industries for $24.25M - Wireless Telecom Group, Inc. (WTT) nnounced that it entered into a definitive agreement to sell its Microlab LLC radio frequency components business to RF Industries, Inc. (RFIL) for an aggregate cash consideration of $24.25 million. The transaction, which was unanimously approved by the board of directors of both companies, is subject to various terms and conditions, including approval by Wireless Telecom Group's shareholders. At the completion of the transaction, Wireless Telecom Group will be comprised of Boonton, Holzworth and Noisecom brands within its test and measurement product group, and the CommAgility brand within its radio, baseband, and software product group. The transaction will allow Wireless Telecom Group to prepare for the next stage of transformation with a stronger concentration of revenues and the ability to focus its investments on long-term and high-growth opportunities, including satellite communications, 5G small cell and private network deployments, and growth in applications related to semiconductor testing, military and defense spending and quantum computing.
STL

Hot Stocks

08:03 EST Sterling Bancorp announces strategic investment in Goalsetter - Sterling Bancorp announced it has made a strategic investment in Goalsetter, a mobile banking company aimed at promoting financial literacy and empowerment amongst K-12 students. According to studies compiled by the U.S. Financial Literacy and Education Commission, only one third of adults can answer at least four of five financial literacy questions on fundamental concepts such as mortgages, interest rates, inflation and risk. Goalsetter addresses these knowledge gaps through educational resources, budgeting tips, and planning tools. Sterling will be providing services to Goalsetter through its Banking as a Service business and earlier this year provided funding and support for Goalsetter's "Drafted" campaign, which aims to empower communities of color by promoting and supporting financial independence and literacy. "We are thrilled to deepen our relationship with Goalsetter through this investment," said Bea Ordonez, Chief Financial Officer of Sterling Bancorp. "Our partnership with Goalsetter is a paragon of the relationships we are building with innovative financial technology companies as we broaden our digital footprint and product set."
TGT

Hot Stocks

08:03 EST Target announces solutions for last-minute shoppers - With nearly nine out of 10 surveyed shoppers yet to complete their holiday shopping, Target is making it easier than ever for guests to get all of their last-minute essentials and gifts in time for the holiday. The company announced that guests can place orders via its free same-day Drive Up and Order Pickup services through 6 p.m. on Dec. 24. Whether shopping in-store or online, last-minute deal hunters will find stocked shelves and new deals on thousands of gifts across Target's entire assortment, Dec.19-25.
ADXS

Hot Stocks

08:02 EST Advaxis says proposal to authorize reverse stock split not approved - Advaxis announced that following the conclusion of its second reconvened special meeting of stockholders on December 16, 2021, it plans to continue to explore additional options to maximize stockholder value. The Company's Proposal 2 to authorize a reverse stock split, a condition to consummating the Company's agreed upon merger with Biosight, was not approved at the meeting. Voting results at the first reconvened special meeting of stockholders held on December 7, 2021 signaled support for the Biosight merger through the approval of Proposal 1, which related to the issuance of shares of common stock of Advaxis to shareholders of Biosight pursuant to the terms of the merger agreement, as well as the change of control resulting from the merger. The merger proposal received the requisite stockholder votes by a clear majority of votes cast and, as a result, has passed. While Proposal 2, the reverse stock split proposal, also received the support of a clear majority of the votes cast, this proposal had a higher vote threshold as a matter of law, requiring the support of the majority of total shares outstanding. Approval of a reverse stock split as contemplated by Proposal 2 is a condition for completing the merger of Advaxis and Biosight. The Company intends to provide an update on these matters in the near future.
ERAS

Hot Stocks

08:02 EST Erasca announces FDA clearance of IND application for ERAS-801 - Erasca announced the United States Food and Drug Administration, FDA, has cleared an investigational new drug, IND, application for ERAS-801, an orally available small molecule epidermal growth factor receptor inhibitor specifically designed to have high central nervous system penetration for the treatment of recurrent glioblastoma multiforme. The company has also entered into a collaboration with the Global Coalition for Adaptive Research to determine the feasibility of the evaluation of ERAS-801 as part of the Glioblastoma Adaptive Global Innovative Learning Environment trial. "We are pleased with the pace at which our ERAS-801 program is advancing. Filing this IND a quarter ahead of schedule and receiving FDA clearance allows us to begin potentially helping patients sooner," said Jonathan E. Lim, M.D., Erasca's chairman, CEO, and co-founder. "GBM is a rapid and aggressive malignancy for which patients have limited treatment options and a median overall survival of 17 months after diagnosis. Aberrant EGFR signaling is implicated in approximately 125,000 patients with GBM worldwide annually. ERAS-801's profile of strong CNS penetrance and broad activity against EGFR amplifications driven by both oncogenic EGFR variants and wildtype EGFR has the potential to address significant unmet need in this patient population. We look forward to initiating our THUNDERBBOLT-1 Phase 1 trial evaluating ERAS-801 in patients with recurrent GBM in the first quarter of 2022." Dr. Lim continued, "We are honored to enter into an early collaboration with GCAR, a leading nonprofit sponsoring the innovative GBM AGILE trial, which uses a streamlined, patient-centric approach to identify and advance the most effective treatment options for GBM more rapidly. GBM AGILE, an adaptive clinical trial that evaluates multiple drugs against a common comparator, is a seamless, international Phase 2/3 trial that we believe supports a clear registrational path in the United States and other key markets. Our early involvement with GCAR and the GBM Knowledge Network made up of industry leaders further reinforces the therapeutic promise of ERAS-801. We look forward to working together with GCAR and the GBM AGILE team to explore the robust potential of ERAS-801 in patients with GBM who are in much need of better treatment options."
SCOR

Hot Stocks

08:01 EST Comscore acquires Shareablee, terms not disclosed - Comscore announced that it has acquired Shareablee, a marketing analytics and measurement company in the social media space. With the acquisition, which closed on December 16, Comscore plans to expand its Media Metrix and Video Metrix currencies to include Shareablee's social media engagement and video insights, which will bridge the industry gap of traditional digital and social measurement services that exists today.
AACI

Hot Stocks

08:00 EST AACI Stock trading resumes
IMO

Hot Stocks

07:59 EST Imperial Oil sees FY22 capital expenditures C$1.4B - Sees FY22 upstream production 425,000-440,000 boe/d. Sees FY22 downstream production 395,000-405,000 boe/d. Imperial provided an update on its corporate guidance outlook for 2022. "Imperial's plans reflect our continued focus on maximizing the value of our existing assets through capital discipline and efficiency, maintaining reliable operations with continued structural cost reductions and the progression of key sustainability initiatives," said Brad Corson, chairman, president and chief executive officer. "Our plans also set the stage for continued volume growth in our core oil sands business in 2023 and beyond as we execute high-value, low-cost debottlenecking and other select growth projects."
KPTSF

Hot Stocks

07:52 EST KP Tissue says Sherbrooke plant doubles tissue paper capacity - KP Tissue and Kruger Products announced KPLP's plan to add to the capacity of its Sherbrooke expansion project by constructing a double width Light Dry Crepe tissue machine with a capacity of at least 60,000 MT instead of the previously announced 30,000 MT LDC tissue machine. With this enhancement, the total estimated cost of the Sherbrooke expansion project, which also includes the previously announced addition of a bathroom tissue converting line to the existing TAD Sherbrooke plant and a new plant that will house a facial tissue converting line with the double width LDC tissue machine, has increased from $240M to $351.5M. The additional costs of the project will be financed by an increase in the senior bank facility for the project from $75M to $150M and an equity investment by KPLP of $36.5M. The construction schedule remains the same. The BT Line and FT Line will be commissioned in 2022 and 2023 respectively while the LDC tissue machine is expected to start up in 2024.
RE

Hot Stocks

07:51 EST Everest Re extends employment agreement with CEO Juan Andrade - Everest Re and its board of directors announced the extension of president and CEO Juan Andrade's employment agreement through the end of 2023 with automatic annual extensions following this term.
DPMLF

Hot Stocks

07:50 EST Dundee Precious Metals announces automatic repurchase plan - Dundee Precious Metals announced that it has implemented an automatic repurchase plan with effect from Monday, December 20, 2021 with its designated broker in order to facilitate purchases of its common shares under its previously announced normal course issuer bid at times when the Company ordinarily would not be active in the market due to regulatory restrictions or self-imposed blackout periods. Purchases made pursuant to the automatic repurchase plan, if any, will be made by the Company's designated broker based upon the parameters prescribed by the Toronto Stock Exchange, applicable Canadian securities laws and the terms of the written agreement between the Company and its designated broker. The automatic repurchase plan constitutes an "automatic plan" for purposes of applicable Canadian securities legislation and the agreement governing the plan has been pre-cleared by the TSX. Refer to the Company's news release dated February 25, 2021 for additional information regarding the NCIB.
AMC

Hot Stocks

07:50 EST AMC Entertainment announces 'Spider-Man: No Way Home' breaks box office records - AMC Theatres announced that "Spider-Man: No Way Home" has broken AMC box office records. The movie, which opened last night at AMC Theatres across the United States, was the single highest grossing movie title on its opening night in AMC's history, for a movie opening in the month of December. It also was the second highest grossing movie title on its opening night of all-time. Approximately 1.1M people attended Spider-Man at a U.S. AMC theatre yesterday. This was the single highest number of people watching one movie on one day at AMC's U.S. theatres during all of calendar years 2020 and 2021. Attendance for Spider-Man at AMC's international theatres was also robust.
MCS

Hot Stocks

07:48 EST Marcus subsidiary and Searchlight Capital enter JV, acquire Kimpton Hotel - Marcus Hotels & Resorts, a nationally recognized owner and management company and division of Marcus, announced that it has formed a joint venture with funds managed by Searchlight Capital Partners, a global private investment firm, to co-invest in lifestyle hotels, resorts and full-service properties. Through this joint venture, Marcus Hotels & Resorts and Searchlight Capital Partners announced the acquisition of the Kimpton Hotel Monaco Pittsburgh, which Marcus Hotels & Resorts will manage, effective December 16. The hotel will remain within the Kimpton brand. The terms of the joint venture were not disclosed.
SAND EQX

Hot Stocks

07:38 EST Sandstorm Gold raises FY22 production view to 65K-70K gold equivalent ounces - Sandstorm (SAND) is pleased to announce that the company has entered into a $60M financing package with Bear Creek Mining to facilitate Bear Creek's acquisition of the producing Mercedes gold-silver mine in Mexico from Equinox Gold (EQX). The financing package includes a $37.5M gold stream, together with a $22.5M convertible debenture. Bear Creek announced that it has agreed to acquire 100% of Mercedes from Equinox. The Transaction is expected to close by March 31, and gold deliveries to Sandstorm will commence immediately thereafter. Sandstorm expects gold deliveries of 5,400 ounces in 2022 and 7,200 ounces per annum in the first three years post-closing. Sandstorm expects the Mercedes Stream to be 13% accretive to 2022 -24 average cash flow per share. Sandstorm will receive 25,200 ounces of gold over the initial 3.5 years and a 4.4% gold stream thereafter. This is expected to increase the company's attributable gold equivalent ounces2 by 8% in 2022 and 11% in 2023/2024. Sandstorm has increased its 2022 production guidance to be between 65,000 and 70,000 gold equivalent ounces. Mercedes has a strong track record of reserve replacement, complemented by an expansive regional land package, which remains relatively untested. The Stream covers all 69,285 hectares of mineral concessions at Mercedes, plus a five kilometre area of interest. The transaction will be funded via a combination of cash reserves and Sandstorm's $350M ESG-linked revolving credit facility.
OSIIF

Hot Stocks

07:38 EST Osino provides update on progress of Twin Hills Gold project - Osino Resources provides an update on the ongoing development studies and project de-risking activities aimed at fast-tracking Osino's Twin Hills gold project in Namibia. Twin Hills is a PEA-stage open pit gold development project with a mineral resource prepared in accordance with National Instrument 43-101 of 0.43Moz @ 1.00g/t in the Indicated category and 1.47Moz at 1.08g/t in the Inferred category at a cut-off grade of 0.5g/t. The Twin Hills maiden resource was released on April 12, 2021. Heye Daun, Osino's Co-founder and President & CEO commented: "It is very pleasing to again be part of an exciting mine development project in Namibia. We have made significant progress in de-risking the project through the advancement of various technical studies in 2021. Much progress has been made with proving up or procuring the key utilities, namely power and water. Metallurgical variability testing has advanced to the point where we will soon be able to determine the optimal processing plant parameters, which will enable us to soon commence with feasibility studies. The ESIA and public participation process has also advanced substantially, thereby supporting a likely permitting decision that could set the project up for commencement of early works during the end of 2022." Permitting Process and Environmental and Social Impact Assessment. The following permits are expected to be applied for during 2022: Land clearing permit; Accessory works permit; Bulk fuel storage permit; Explosives storage and usage permit; Water extraction permit; Tailings waste disposal permit; and Heritage permit. The process of applying for these secondary approvals will commence once the Mining License has been issued. A phase one geotechnical program consisting of three preliminary holes was completed during 2021 which has guided the current pit design and slope angles. A follow up program consisting of four further holes in the Twin Hills Central pit and three holes in the previously untested Clouds pit will be drilled in Q1 2022 to provide a level of confidence to the pit design suitable for future work towards a Bankable Feasibility Study. A fourth phase of metallurgical test work was started in the final quarter of 2021. The program progressed according to schedule in Q4 2021 with the following items being completed: Comminution; Thickening; Filtration; Gravity separation; and Heap leach test work
CLAQ

Hot Stocks

07:35 EST CleanTech Acquisition Corporation trading resumes
ARMK

Hot Stocks

07:34 EST Aramark acquires Wilson Vale in the UK, terms undisclosed - Aramark announced the acquisition of the independent foodservice company, Wilson Vale in the UK. Wilson Vale joins the Aramark UK business, part of Aramark Northern Europe operations.
VERA

Hot Stocks

07:33 EST Vera Therapeutics announces acquisition of monoclonal antibody from Pfizer - Vera Therapeutics (VERA) announced that it has acquired MAU868, a first-in-class monoclonal antibody to treat BK Virus infections, and has entered into a credit facility with Oxford Finance to provide borrowing capacity up to $50M. MAU868, acquired from Amplyx Pharmaceuticals, a wholly owned subsidiary of Pfizer (PFE), has the potential to neutralize infection by blocking BKV virions from binding to host cells. "BKV is a leading cause of kidney transplant loss and transplant-associated morbidity, and there are currently no available antiviral treatments in the U.S. We are excited to acquire MAU868 from Pfizer and carry it forward in development," said Vera founder and CEO Marshall Fordyce, MD. "The acquisition of MAU868, a potentially transformative treatment for BKV, is consistent with our strategy to diversify our pipeline with new molecules that leverage our strengths and serve adjacent populations. We believe, based on currently available data, that MAU868 has the potential to significantly impact outcomes for kidney transplant patients and become the first effective therapy for BKV. We look forward to working with regulators to establish a new standard of care for kidney transplant patients." MAU868 is currently undergoing a randomized, double-blind, placebo-controlled Phase 2 clinical trial to assess the safety, pharmacokinetics, and efficacy for the treatment of BKV in kidney transplant patients. Full Cohort 1 and 2 interim analysis results will be submitted for presentation at a conference in mid-2022.
AACI ZONE

Hot Stocks

07:33 EST Rezolve to go public in $2B merger deal with Armada Acquisition Corp. I - Rezolve announced that it has entered into a definitive business combination agreement with Armada Acquisition Corp. I (AACI) ("Armada"), a publicly traded special purpose acquisition company. Upon closing of the transaction, the combined company's shares are expected to trade on the NASDAQ under the ticker symbol "ZONE". Rezolve is positioned to become the engine of mobile engagement that enables the transformation of interactions between consumers and merchants on mobile devices. Rezolve is an enterprise SaaS platform designed from the ground up specifically for mobile commerce and engagement. The platform allows merchants and brands to convert media into an interactive experience on a mobile device, which can drive a meaningful increase in consumer engagement and purchase activity. Rezolve currently has go-to-market partner agreements with leading global players that have a combined global reach of over 20 million merchants and over 1 billion consumers across China, Asia and Europe. Rezolve's platform already serves over 150,000 of those merchants today. Rezolve founder and CEO Dan Wagner has been building eCommerce businesses for over 35 years and will continue to lead the combined company following the close of the transaction. The transaction has been unanimously approved by the Board of Directors of Armada, as well as the Board of Directors of Rezolve, and is subject to the satisfaction of customary closing conditions, including the approval of the stockholders of Armada and receipt of certain regulatory approvals. The combined entity will receive approximately $150 million from Armada's trust account, assuming no redemptions by Armada's public stockholders, together with approximately $40m in additional investment proceeds. The proposed business combination values the enlarged Rezolve group at a pro forma enterprise value of approximately $1.8 billion and a pro forma market capitalization of approximately $2 billion. The parties may seek additional debt or equity capital between today's announcement and the consummation of the business combination.
VMAR

Hot Stocks

07:32 EST Vision Marine Technologies appoints Xavier Montagne to Chief Operating Officer - Vision Marine Technologies announces that Xavier Montagne, presently Vision Marine's Chief Technology Officer, has been appointed to the additional role of Chief Operating Officer. "Over the past few months, it has been extremely productive working with Xavier developing our technology and showcasing our E-Motion 180e at numerous boat shows. His leadership has provided Vison Marine the opportunity to work with engineering and technical teams throughout the marine industry. Xavier is our primary liaison with the engineering team at Linamar/McLaren," said Alex Mongeon, co-founder and Chief Executive Officer of Vision Marine.
MNMD

Hot Stocks

07:31 EST MindMed initiates Phase 2a LSD trial for treatment of adult ADHD - Mind Medicine announced the initiation of Phase 2a proof-of-concept trial of lysergic acid diethylamide in adult patients with attention deficit hyperactivity disorder. The first site has been activated and patient enrollment is expected to start imminently. The POC trial will be conducted in collaboration with the University Hospital Basel in Switzerland and Maastricht University in the Netherlands and is designed to evaluate the therapeutic utility of repeated low doses of LSD.
CLAQ

Hot Stocks

07:30 EST CleanTech Acquisition Corporation trading halted, news pending
AACI

Hot Stocks

07:30 EST AACI Stock trading halted, news pending
EPAY

Hot Stocks

07:30 EST Bottomline Technologies trading resumes
EPAY

Hot Stocks

07:30 EST Bottomline Technologies trading halted, news pending
SAWLF

Hot Stocks

07:21 EST Shawcor receives notice to proceed for Scarborough Project trunkline coating - Shawcor announced that its pipe coating division has received a formal notice to proceed from SAIPEM AUSTRALIA PTY LTD for the Scarborough Project, located offshore in Australia's north-west. The Scarborough gas resource is located in the Carnarvon Basin, approximately 375 km west-north-west of the Burrup Peninsula in Western Australia. The Scarborough gas resource will be developed through new offshore facilities connected by an approximately 430 km pipeline to a proposed second LNG train at the existing Pluto LNG onshore facility. The Scarborough reservoir contains only ~0.1% carbon dioxide, and together with the adoption of highly efficient and proven technology in design at Pluto Train 2, the development will be amongst the lowest-carbon intensity LNG sources globally for delivery into North Asia. The first cargo is expected to be delivered in 2026. Shawcor Ltd. had, in February 2020, signed a contract with SAIPEM AUSTRALIA Pty Ltd, conditional on a final investment decision by the Scarborough Joint Venture, which was taken on 22 November 2021. The contract is a large project for Shawcor that will include provision of internal, anticorrosion, and concrete weight coating services to be executed from Shawcor's Kabil, Indonesia facility commencing in the fourth quarter of 2022, with delivery continuing into 2024.
F...

Hot Stocks

07:20 EST EU passenger car registrations down 20.5% in November - In November, European Union passenger car registrations fell for the fifth consecutive month this year, dropping 20.5% and totaling 713,346 units sold, reported the European Automobile Manufacturers Association. "Double-digit losses were recorded in many EU markets, including three of the four major ones," the group stated. Publicly traded automakers include Daimler AG (DDAIF), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
NDAQ

Hot Stocks

07:19 EST Nasdaq welcomed 743 IPOs, 35 exchange transfers in 2021 - Nasdaq announced that in 2021 it welcomed 743 initial public offerings, raising a total of $180B, extending its leadership to 32 consecutive quarters. A total of 318 operating companies listed on Nasdaq in 2021, representing a 76% win rate in the U.S. market. In addition to the IPOs, 35 companies transferred their corporate listing to Nasdaq, including Dow 30 company Honeywell, Palo Alto Networks and Xerox. At the end of 2021, Nasdaq-listed companies raised 63% of all IPO proceeds, including seven of the ten largest global IPOs by proceeds raised: Rivian, GlobalFoundries, Bumble, Robinhood, Applovin, Shoals Technologies and Playtika. Nasdaq also welcomed 110 SPAC business combinations, including Lucid, SoFi and Grab- the largest global ex-US combination in history.
HSDT

Hot Stocks

07:19 EST Helius Medical partners with MUSC in pilot trial on stroke - Helius Medical Technologies announced its partnership with Dr. Steve Kautz, on an investigator-initiated study, conducted at the Medical University of South Carolina, MUSC, to evaluate cranial-nerve non-invasive neuromodulation, CN-NINM, and dynamic balance in chronic stroke survivors. As part of the study, some patients will receive CN-NINM, which will be delivered using PoNS therapy. "MUSC is at the forefront of research in rehabilitation for stroke and other disabling neurologic conditions and we are delighted to support this pilot trial in stroke with our PoNS devices," said Antonella Favit-Van Pelt, M.D., Ph.D., Helius' Chief Medical Officer. "Now that the FDA has granted Breakthrough Designation to PoNS for the treatment of dynamic gait and balance deficits in patients with stroke, this collaboration will provide important information to inform our clinical research and upcoming registrational program, allowing us to observe the functional outcomes of PoNS therapy in stroke patients in a real-world clinical setting. We look forward to working with Dr. Kautz and MUSC on this and future studies." The study will be a placebo-controlled experimental design in which stroke survivors will participate in balance and gait training for 3 sessions per week, 40 minutes per session, for 4 weeks. MUSC anticipates enrolling twelve participants beginning in early 2022.
VRNOF

Hot Stocks

07:18 EST Verano Holdings opens 41st Florida MUV dispensory - Verano Holdings announced the opening of a new MUV Florida dispensary, located at 265 SW Monterey Road in Stuart, on Saturday, December 18th at 9:00 a.m. local time. "We've long considered Stuart and greater Martin County an attractive market, and we're thrilled to open our first MundefinedV dispensary in the area," said John Tipton, President of Verano. "We believe Stuart and the 'Treasure Coast' region will continue to draw more tourists and new residents every year, and we look forward to offering our suite of premium medical cannabis products to serve patients in this growing, vibrant community."
EEYUF

Hot Stocks

07:17 EST Essential Energy announces normal course issuer bid - Essential Energy Services announced that the Toronto Stock Exchange has accepted the Company's notice of intention to implement a normal course issuer bid during the 12-month period commencing December 21, 2021 and ending December 20, 2022, or until such earlier time the NCIB is completed or terminated at the option of Essential. At December 16, 2021, Essential had 141,856,813 common shares issued and outstanding. Under the NCIB, Essential may purchase up to 10,374,478 Shares, representing 7.5 percent of the public float, on the open market through the facilities of the TSX and/or other alternative Canadian trading systems. The actual number of Shares that will be purchased will be determined by Essential, subject to the maximum daily purchase limitation of 23,482 Shares, which is 25 percent of the six-month average daily trading volume of Shares on the TSX at November 30, 2021. Essential may make one block purchase per calendar week which exceeds the daily purchase limitation. Any Shares purchased under the NCIB will be cancelled. The price which Essential will pay for any Shares purchased will be the prevailing market price of such Shares at the time of purchase. Essential has entered into an Automatic Share Purchase Plan with a broker for the purpose of buying Shares through Essential's blackout periods. Such purchases would be determined by the broker in its sole discretion, based on parameters that are established by Essential prior to any blackout period. All other purchases under the NCIB will be at the discretion of Essential. The Board of Directors of Essential believes the Shares currently trade in a price range that does not adequately reflect the underlying value of Essential's assets and operations. As a result, Essential believes the purchase of its Shares, from time-to-time, for cancellation is an attractive opportunity to enhance shareholder value.
AVIR NBI

Hot Stocks

07:16 EST Atea Pharmaceuticals added to Nasdaq Biotechnology Index - Atea Pharmaceuticals announced that the company has been added to the NASDAQ Biotech Index, effective prior to market open on Monday, December 20, 2021.
EQX

Hot Stocks

07:15 EST Equinox Gold to sell Mercedes Gold Mine to Bear Creek Mining for $100M - Equinox Gold is pleased to announce that it has entered into a definitive agreement to sell its Mercedes Gold-Silver Mine in Mexico to Bear Creek Mining for aggregate consideration of $100M in cash, payable as follows: $75M on closing of the Transaction; and $25M payable within six months of closing of the Transaction. 24,730,000 common shares of Bear Creek valued at approximately $25M based on current trading prices; and a 2% net smelter return payable on production from Mercedes. The Transaction is subject to certain regulatory approvals including approval of the Mexican Comision Federal de Competencia Economica and other customary closing conditions. The Transaction is expected to close in the first quarter of 2022.
MDNA

Hot Stocks

07:15 EST Medicenna receives clearance to expand Phase 1/2 ABILITY study to Canada - Medicenna Therapeutics announced that Health Canada has approved the expansion of the Phase 1/2 ABILITY study of MDNA11, the Company's long-acting, "beta-only" IL-2 super-agonist, to clinical trial sites in Canada. The ABILITY Study is currently enrolling patients in Australia and recently received clearance from the U.S. Food and Drug Administration to expand to clinical trial sites in the United States. A preliminary update on safety and pharmacokinetic/pharmacodynamic data from early cohorts of patients enrolled in the dose escalation phase of the ABILITY Study is expected by year-end. Additional safety, PK/PD, biomarker and initial efficacy data from the trial is expected in mid-2022. "We are making good progress in the ABILITY Study and expect this latest regulatory clearance to add to its positive momentum," said Dr. Fahar Merchant, President and CEO of Medicenna. "With the trial's first data update expected before the end of the year, we are poised to gain initial insights as to how MDNA11's promising preclinical profile translate to patients. We believe this early data together with updates in mid-2022 will contribute towards clinically validating the strong potential of MDNA11 and look forward to the trial's continued advancement." Medicenna anticipates that enrollment in the ABILITY Study across the United States, Canada, and Australia will be sufficient to meet the trial's objectives and stated timelines for the study. The Company may also pursue the trial's expansion into the United Kingdom, if required.
IO

Hot Stocks

07:15 EST Ion Geophysical awarded contract in the Middle East, LOI in East Africa - ION Geophysical Corporation announced that the company has been awarded a contract with an Exploration and Production company in the Middle East and a Letter of Intent by a Ministry of Ports & Maritime Transport in East Africa for ION's Marlin digital infrastructure. These awards are for the deployment and support of Marlin in multi-year contracts whose first year revenues are expected to exceed more than $10M in aggregate. The Letter of Intent is subject to the execution of final closing documents, which ION expects to occur in the first quarter of 2022.
CLAQ...

Hot Stocks

07:14 EST Nauticus Robotics to become public via merger with CleanTech Acquisition - Nauticus Robotics and CleanTech Acquisition Corp. (CLAQ) announced that they have entered into a definitive business combination agreement that will result in Nauticus becoming a publicly listed company. Upon closing of the transaction, CLAQ will be renamed Nauticus Robotics, Inc. and is expected to remain listed on NASDAQ under the new ticker symbol "KITT". Nauticus develops revolutionary cloud-based autonomy software to enable a smarter and more sustainable ocean industry using its fleet of autonomous robots from the surface to the seabed. These robots are enabled by the Nauticus Software Suite, a platform of AI/ML technologies designed to disrupt the legacy methods in the marine industry. Its first product offering, Aquanaut, is the world's first tetherless underwater robot capable of robust decision making for both long distance ocean data collection and close-in dexterous manipulation of the subsea environment, supporting government & defense and other commercial industry sectors. Nauticus' software, robots, and services provide customers the necessary data collection, analytics, and subsea manipulation capabilities to support and maintain assets, while significantly reducing their operational and carbon footprints to improve offshore health, safety, and environmental exposure. Nauticus operates in the $2.5 trillion ocean economy where it targets the rapidly expanding multibillion dollar bluetech robotics, data, and services market with a disruptive product offering. Some incumbent solutions utilize large vessels that can have severe drawbacks, including operating costs that can reach as high as $100,000 per day with large fuel emissions of up to 70 metric tons of CO2 per day and largely utilize antiquated, maintenance-heavy, hydraulic machines with little to no advanced technologies. In contrast, Nauticus' expected service pricing would save customers over 50% compared to traditional methods while eliminating nearly the entire greenhouse gas emissions with a significant reduction in required onsite personnel needs. The Company's estimated revenues in 2021 are approximately $8.2 million, with strong visibility to achieve robust growth in subsequent years, including currently contracted orders that would more than double revenue in 2022. Nauticus' robotic systems and services will be delivered to commercial and government-facing customers primarily through a Robotics as a Service business model but could also include strategic partnerships for unit sales. The strong unit economics of the RaaS model target long-term corporate EBITDA margins of approximately 60%. Nauticus Founder, Chairman & Chief Executive Officer, Nicolaus Radford and the current management team will continue to lead the Combined Company. The pro forma equity valuation of the Combined Company is expected to be approximately $561 million. Estimated cash proceeds to the Combined Company from the transaction are expected to consist of CLAQ's approximately $174.2 million of cash in trust and approximately $73 million from a fully committed Private Investment in Public Equity in equity and convertible notes anchored by existing investors. Proceeds from the fully committed PIPE Investment fully cover the minimum cash requirement for the transaction, reducing potential transaction uncertainty. Upon the closing of the transaction, and assuming none of CLAQ's public stockholders elect to redeem their shares of common stock and no additional shares of common stock are issued upon the closing of the transaction, it is anticipated that CLAQ's public stockholders would retain an ownership interest of approximately 33% in the Combined Company, the PIPE Investment investors will own approximately 6% of the Combined Company, the co-sponsors, officers, directors and other holders of CLAQ founder shares will retain an ownership interest of approximately 8% of the Combined Company, and the Nauticus stockholders will own approximately 53% of the Combined Company. These values exclude $75 million of earn-out shares that would be paid in common stock if applicable requirements are met. Fully committed PIPE of approximately $73 million in equity and convertible notes anchored by Schlumberger (SLB), Transocean (RIG), AeroVironment (AVAV), Material Impact and a large private university endowment, representing sufficient capital to meet the minimum cash required to close the transaction and to fully fund Nauticus' business plan. The board of directors of each of CLAQ and Nauticus approved the transaction, which is expected to close in the first half of 2022. The transaction will require the approval of the stockholders of CLAQ and is subject to other customary closing conditions including the receipt of certain regulatory approvals. The transaction will also require the approval of the stockholders of Nauticus. Stockholders holding the requisite vote of Nauticus have executed a support agreement and have agreed to vote in favor of the merger and related transactions by unanimous written consent or at a meeting of stockholders when called by Nauticus.
PLTR

Hot Stocks

07:13 EST Palantir renews partnership with Army Vantage - Palantir Technologies announced that the U.S. Army's Program Executive Office for Enterprise Information Systems opted to execute the second option year of its partnership with Palantir on the Army Vantage program, for $116.3M for the year.
CASI

Hot Stocks

07:11 EST Casi Pharmaceuticals announces $10M share repurchase program - The company anticipates funding for this program to come from available corporate funds, including cash on hand and future cash flow
IPSC NBI

Hot Stocks

07:11 EST Century Therapeutics to be added to Nasdaq Biotechnology Index - Century Therapeutics announced it has been selected for addition to the NASDAQ Biotechnology Index, effective as of market open on Monday, December 20, 2021.
OBSV

Hot Stocks

07:10 EST ObsEva announces positive CHMP opinion for linzagolix - ObsEva announced that the Committee for Medicinal Products for Human Use, CHMP, of the European Medicines Agency, EMA, adopted a positive opinion recommending approval of linzagolix, an oral GnRH antagonist for the management of moderate to severe symptoms of uterine fibroids in adult women of reproductive age. ObsEva's Marketing Authorisation Application submission was based on positive data from the Company's two Phase 3 PRIMROSE trials. "The positive CHMP opinion is an important milestone for millions of women in the EU living with UF to address the diverse medical needs of the women who suffer from this condition," said Brian O'Callaghan, CEO of ObsEva. "We will continue our productive, ongoing dialogue with EMA toward potential marketing authorization in the EU, and in parallel, continue to work with the FDA to advance linzagolix through the U.S. regulatory process." The positive opinion adopted by the CHMP is based on 52-week treatment results from the Phase 3 PRIMROSE 1 and PRIMROSE 2 clinical studies as well as supportive results from the 76-week post-treatment follow-up periods of both trials. A final marketing authorization decision from the EC is anticipated within two months.
GRTS...

Hot Stocks

07:10 EST Gritstone appoints Clare Fisher to board of directors - Gritstone bio, Inc. (GRTS) announced changes to its Board of Directors. Clare Fisher, a talented corporate and business development executive and current svp of business development and mergers & acquisitions at BeiGene (BGNE), will join the Board effective January 1, 2022. Current member Judith J. Li., partner at Lilly Asia Ventures (LLY), will depart the Board effective January 1, 2022.
DRI

Hot Stocks

07:10 EST Darden reports Q2 blended same-restaurant sales up 34.4% - Q2 same-restaurant sales by segment on y/y basis: +29.3% for Olive Garden; +61.6% for Fine Dining; +31.2% for LongHorn Steakhouse; +42.9% for Other Business.
DYAI JNJ

Hot Stocks

07:09 EST Dyadic International announces research, license agreement with Janssen - Dyadic International (DYAI) announced that it has entered into a Research, License and Collaboration Agreement with Janssen Biotech, one of the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ). The Agreement was facilitated by Johnson & Johnson Innovation. Under the terms of the Agreement: Janssen will pay Dyadic an upfront payment of $500,000 for non-exclusive rights to utilize the C1 platform to develop C1 production cell lines for the manufacturing of Janssen's therapeutic protein candidates against several biologic targets. Janssen will provide R&D funding up to EUR 1.6M to develop and assess C1 production cell lines for its product candidates. Janssen has the option to pay a mid-seven figure payment for an exclusive license from Dyadic to use the C1 platform for the manufacturing of therapeutic proteins directed to one specific target. Further, Janssen has an option to obtain the following rights from Dyadic: Upon exercise of the option, Dyadic would receive a milestone payment in the mid-seven figures and Janssen would have the right to add additional non-exclusive targets to the collaboration. Dyadic would complete C1 platform technology transfer, fully enabling Janssen to internally develop C1 cell lines against licensed targets; upon successful completion of technology transfer, Dyadic is eligible to receive a milestone payment in the low seven figures. For each product candidate, Dyadic could receive development and regulatory milestones in the mid-seven figures.
CMPS NBI

Hot Stocks

07:09 EST Compass Pathways to be added to Nasdaq Biotechnology Index - COMPASS Pathways announced it has been selected for addition to the Nasdaq Biotechnology Index, effective as of market open on Monday, December 20, 2021.
DRI

Hot Stocks

07:08 EST Darden CEO Eugene Lee, Jr. to retire in 2022, Ricardo Cardenas to succeed - Darden announced that Eugene Lee, Jr., Chairman and CEO, will retire as CEO effective May 29, 2022. Lee will continue to serve on Darden's Board of Directors as Executive Chairman until the 2022 Annual Meeting of Shareholders. At that time, Lee is expected to stand for re-election to the Board and continue to serve as Chairman in a non-executive capacity. The Board has unanimously elected Ricardo Cardenas, Darden's current President and COO, as CEO, as well as a member of the Board effective May 30, 2022. Cardenas was named President and COO in January 2021. Previously, he served as Darden's CFO since March 2016. Prior to that, he served as Senior Vice President and Chief Strategy Officer.
DRI

Hot Stocks

07:06 EST Darden raises FY22 total sales growth vs. Pre-COVID to 9%-11% from 7%-9% - Raises FY22 same-restaurant sales vs. FY21 to 29%-31% from 27%-30%; Sees 35 to 40 new restaurant openings; Total capital spending of approximately $425M vs. prior view of $375-$425M; Total inflation of approximately 5.5% vs. prior view of 4%; EBITDA between $1.55B-$1.60B vs. prior view of $1.54B-$1.60B; Effective tax rate of approximately 14% vs. 13%-14% previously.
PASG

Hot Stocks

07:05 EST Passage reports interim safety, biomarker data from Phase 1/2 trial of PBGM01 - Passage Bio announced that the Independent Data Monitoring Committee, IDMC, recommended proceeding to additional planned cohorts in the Imagine-1 clinical study. Imagine-1 is a Phase 1/2, global, open-label, dose-escalation study of the AAVhu68 gene therapy PBGM01 delivered by intra-cisterna magna, ICM, injection in four cohorts of pediatric subjects with early and late infantile GM1 Gangliosidosis, GM1. GM1 is a rare, fatal lysosomal storage disease in which mutations in the GLB1 gene result in very low activity of the enzyme beta-galactosidase. The primary goal of the study is to first assess safety and tolerability and then efficacy of PBGM01. The IDMC recommendation followed positive interim safety and biomarker data from Cohort 1 patients with late infantile GM1 who received a low dose of PBGM01. Based on the IDMC recommendation, Passage Bio has initiated recruitment in parallel for both a high-dose cohort of patients with late infantile GM1 and a low-dose cohort of patients with early infantile GM1. Passage Bio was also able to compare the Cohort 1 interim results with initial data from an ongoing natural history study being run in collaboration with the Orphan Disease Center at the University of Pennsylvania. Interim results from the Imagine-1 Cohort 1: Safety: No serious adverse events; Reported AEs were all mild to moderate; no complications related to ICM injection were observed; and no evidence of dorsal root ganglion toxicity in nerve conduction studies Beta-galactosidase enzyme activity levels: following PBGM01 administration, beta-galactosidase activity in CSF and serum increased in both patients. CSF: for patient 1, enzyme activity at 30 days was 1.5-fold over baseline and the increase was maintained at six months and for patient 2, enzyme activity at 30 days was 4.8-fold over baseline. Serum: for patient 1, enzyme activity was slightly above baseline at 30 days, 1.7-fold over baseline at three months and the increase was maintained at six months and for patient 2, enzyme activity at 30 days was 1.2-fold over baseline. GM1 gangliosides in CSF: for patient 1, levels increased approximately 85 percent at 30 days and remained stable at that level at six months, and for patient 2, levels decreased approximately 46 percent at 30 days consistent with high increases in CSF enzyme activity
TSLA

Hot Stocks

07:05 EST Tesla CEO Musk sells $884M in common stock - In a regulatory filing last night, Tesla disclosed that its CEO Elon Musk sold $884M in common stock on December 16th after exercising option for 2.15M shares.
EPAY

Hot Stocks

07:02 EST Bottomline Technologies to be acquired by Thoma Bravo for $2.6B - Bottomline Technologies announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values Bottomline at approximately $2.6B. Upon completion of the transaction, Bottomline will become a privately held company. Under the terms of the agreement, Bottomline shareholders will receive $57.00 per share in cash, which represents a premium of approximately 42% to Bottomline's unaffected closing stock price on October 19, 2021, the last full trading day prior to the announcement of the formation of the Bottomline Board of Directors' Strategy Committee, and a premium of approximately 41% to Bottomline's 30-day volume weighted average price as of October 19, 2021. Thoma Bravo has entered into voting agreements with Bottomline's directors and Clearfield Capital Management. Under these agreements, which represent approximately 4% of Bottomline's outstanding shares, the applicable shareholders have agreed to vote in favor of the transaction, and against any competitive transaction, subject to certain terms and conditions. The transaction, which was unanimously approved by the Bottomline Board of Directors, is expected to close in the second calendar quarter of 2022 subject to customary closing conditions, including approval by Bottomline shareholders, receipt of approval under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and approval from the Financial Conduct Authority in the United Kingdom. Upon completion of the transaction, Bottomline's common stock will no longer be listed on any public market.
MIRO

Hot Stocks

07:01 EST Miromatrix submits pre-IND request to FDA for External Liver Assist Product - Miromatrix Medical announced it has submitted a pre-IND request to the FDA for its External Liver Assist Product for the treatment of acute liver failure. The request will help streamline the Company's Phase I IND submission for the External Liver Assist Product, and the start of a first in-human clinical trial slated for the second half of 2022, which will assess the function of a bioengineered liver graft in humans via an external application. "This is the first of many major milestones Miromatrix has planned for 2022, as we move closer to in-human implants of bioengineered organs," said Jeff Ross, Ph.D., Miromatrix CEO. "Our large animal study published earlier this year demonstrated that organs developed in a lab can be successfully transplanted in pre-clinical models. We are excited to build upon that body of research and work with the FDA on our Phase I IND submission to secure our first human clinical use of a bioengineered liver graft in the second half of 2022."
BDX

Hot Stocks

06:55 EST Becton Dickinson expands BD COR System - Becton Dickinson announced it has expanded the BD COR System to include a new MX instrument for high-throughput molecular testing for infectious diseases. The new instrument and its first test for sexually transmitted infections have been CE marked to the IVD directive 98/79/EC.
ALPMY SGEN

Hot Stocks

06:55 EST Astellas Pharma, Seagen announce CHMP opinion recommending approval for Padcev - Astellas Pharma (ALPMY) and Seagen (SGEN) announced that the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency, or EMA, has adopted an opinion, recommending approval of the antibody-drug conjugate, or ADC, Padcev as monotherapy for the treatment of adult patients with locally advanced or metastatic urothelial cancer who have previously received platinum-containing chemotherapy and a PD-1/L1 inhibitor.
BIIB

Hot Stocks

06:54 EST Biogen 'will seek to address the CHMP's grounds for refusal' of aducanumab - "For Europeans impacted by Alzheimer's disease, the lack of options to treat its early stages is felt every day. The longer we wait, the more people will progress toward more advanced dementia and we may miss the opportunity to potentially treat them," said Priya Singhal, M.D., M.P.H., Head of Global Safety & Regulatory Sciences and interim Head of Research & Development at Biogen. "As part of the re-examination process, we will seek to address the CHMP's grounds for refusal, with the goal of making this medicine available in the EU. European patients deserve access to innovative treatments for Alzheimer's disease."
INSW

Hot Stocks

06:50 EST International Seaways repurchased 1,077,070 shares in December - International Seaways announced that in connection with its existing $50M share repurchase program, the company has repurchased 1,077,070 shares of its common stock in open-market purchases in December, at an average price of $15.44 per share, for a total cost of approximately $16.7M. The shares repurchased will be retired. The company has approximately $33.3M available under the $50M share repurchase program, authorized by the Board of Directors in August 2020 for a 24-month period.
BRDG

Hot Stocks

06:48 EST Bridge Investment to acquire certain assets of Gorelick Brothers Capital - Bridge Investment Group announced that it has entered into definitive agreements to acquire certain assets of Gorelick Brothers Capital, including a portfolio of single-family homes owned by GBC-managed vehicles and a majority of GBC's asset and property management business. GBC is a privately held, vertically integrated investment management firm focused on investing in the single-family home rental industry. In connection with the transactions, Bridge is acquiring 60% of GBC's business, valued at $50M. Bridge expects to fund 50% of the acquisition with cash and 50% with units of Bridge Investment Group Holdings LLC. Upon the consummation of the transactions, (i) the GBC team will join Bridge to launch an SFR strategy on the Bridge platform, (ii) Bridge and the key principals of GBC will form and jointly own a new SFR investment manager within Bridge, and (iii) Bridge and GBC principals will lead a $660M recapitalization of a portfolio comprising more than 2,700 homes in 14 markets, concentrated in the Sunbelt and certain Midwest markets of the United States. Assuming the satisfaction of closing conditions, including obtaining necessary approvals, both the acquisition and recapitalization are expected to close in the first quarter of 2022. Upon closing, Bridge will indirectly own a majority of the single-family rental investment manager, and the principals of GBC will own 40% of the new Bridge single-family rental investment and property management company. Gorelick Brothers Capital is a 14-year-old investment firm based in Charlotte, North Carolina, that began investing in single-family rental properties in 2013. The GBC team comprises more than 90 people, including approximately 70 that work in local markets as part of the firm's property management division.
MRK

Hot Stocks

06:47 EST Merck receives positive EU CHMP opinion for KEYTRUDA - Merck announced the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion recommending approval of KEYTRUDA, Merck's anti-PD-1 therapy, as monotherapy for the adjuvant treatment of adults with renal cell carcinoma at increased risk of recurrence following nephrectomy, or following nephrectomy and resection of metastatic lesions.
BIIB ESALY

Hot Stocks

06:45 EST Biogen, Eisai: CHMP of EMA adopts negative opinion on MAA for aducanumab - Biogen (BIIB) and Eisai (ESALY) announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a negative opinion on the Marketing Authorization Application for aducanumab for the treatment of the early stages of Alzheimer's disease known as mild cognitive impairment due to Alzheimer's disease and mild Alzheimer's disease dementia. This decision is aligned to the negative trend vote of the committee in November 2021. Biogen will seek a re-examination of the opinion by the CHMP.
ALPMY SGEN

Hot Stocks

06:42 EST Astellas Pharma, Seagen receive positive CHMP opinion for PADCEV - Astellas Pharma (ALPMY) and Seagen (SGEN) announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion, recommending approval of the antibody-drug conjugate PADCEV as monotherapy for the treatment of adult patients with locally advanced or metastatic urothelial cancer who have previously received platinum-containing chemotherapy and a PD-1/L1 inhibitor.
QTRHF

Hot Stocks

06:34 EST Quarterhill subsidiary awarded $72.79M CTRMA contract - Quarterhill announced that its wholly-owned subsidiary, Electronic Transaction Consultants, or ETC, has received an award notice to provide electronic toll collection integration and maintenance services to the Central Texas Regional Mobility Authority, or CTRMA, in Austin, Texas. The initial term of the contract is six years and has two two-year extension options. The initial six-year term is valued at $72.79M, and the contract is subject to customary terms and conditions. Over the course of the contract, ETC will deliver system replacements at six existing CTRMA facilities and implement brand-new systems at four future CTRMA facilities. ETC's next-generation smart congestion management systems will improve mobility and alleviate traffic on busy Austin-area roads.
FUTU

Hot Stocks

06:26 EST Futu Holdings responds to media speculations regarding potential PRC regulations - The company stated, "Futu Holdings Limited responds to the media speculations regarding potential PRC regulatory policies that may have a material adverse impact on the company's business operation. As a Nasdaq-listed company, Futu is committed to timely disclosing recent developments that may have a material adverse impact on the company's business operation, including regulatory developments. Futu always maintains active communication with different competent PRC regulatory authorities in its ordinary course of business. To date, the company has not received (nor is it aware of) any notice, guidance or order from any PRC regulatory authorities which is expected to have a material adverse impact on its business operation or financial conditions. The company has been operating steadily and will continue to serve existing and new clients. In terms of serving the PRC clients, Futu has been abiding by the same rules and regulations and adopting the similar industry practices and business models as other brokers who hold the same type of licenses in Hong Kong. No further innovations or breakthroughs have been made by Futu with respect to the business model. There is no such 'internet broker-dealer' category or definition under relevant legal framework and nowadays almost all broker-dealers are using internet (through App and/or website) to serve their clients. Futu will keep monitoring regulatory developments and continue to fully cooperate with relevant regulatory authorities. During the recent period, the company noticed that some individuals and institutions have been spreading false or fake information about Futu on social media with the purpose of profiting from short-selling. We have gathered relevant information and further reported to relevant regulators. We also reserve our right to take legal action. We believe that the regulatory authorities in mainland China and Hong Kong have always attached great importance to protecting investors, maintaining a healthy and stable financial market, and prudently formulating policies and guiding the industry. We caution the media and the public to distinguish false and fake information and avoid being taken advantage of."
GOOG GOOGL

Hot Stocks

06:12 EST Alphabet to fold Sidewalk Labs into Google; Doctoroff to step down - Alphabet is folding its smart city projects, Sidewalk Labs, into Google, Sidewalk Founder and CEO Dan Doctoroff said in a Medium post on Thursday. Doctoroff also said that he's stepping down from his role due to a medical condition that he fears could be the onset of ALS, which affected his father and his uncle. Doctoroff wrote: "In the past year, we've been exploring many options to scale these sustainability products even faster, including external fundraising. At the same time, while sustainability and social impact have been very important to Google since its founding, over the past few years Alphabet has also been increasing its focus in this area and doubling down on its climate-related commitments, including its ambitious goal to operate on carbon-free energy 24/7 by 2030 and invest in technologies to help partners and people all over the world make sustainable choices. Now is the right time to combine forces. Starting next year, Sidewalk products Pebble, Mesa, Delve, and Affordable Electrification will join Google, becoming core to Google's urban sustainability product efforts. These products will continue to be led by Sidewalk Labs President of Urban Products Prem Ramaswami and Chief Technology Officer Craig Nevill-Manning, both Google alumni, and the teams will continue to execute on their vision and serve customers. Separately, recognizing the importance of more sustainable construction approaches, Alphabet will assist Canopy Buildings in becoming an independent company." Reference Link
AZRE

Hot Stocks

06:04 EST Azure Power signs PPA with SEIC for 2,333 MW of ISTS solar power projects - Azure Power announced that it has signed its largest ever power purchase agreements, or PPAs, with Solar Energy Corporation of India, or SECI, for a capacity of 2,333 MW of ISTS connected solar power projects under the 4 GW manufacturing linked projects. This follows the 600 MW PPA signed during last month under the same tender. Projects developed under this PPA will supply power for 25 years at a fixed tariff of 3.3c per kWh and shall be constructed in Rajasthan, the highest solar insolation state in India. Connectivity approval for these projects is already in place and land is fully identified and is under acquisition. Commissioning of these projects are scheduled in phases wise manner with 1,000 MW by November 2024, 1,000 MW by November 2025 and balance 333 MW by November 2026. Azure Power also announced that it has received the letter of award, or LOA, for its second wind-solar hybrid power project of 200 MW from Maharashtra State Electricity Distribution, or MSEDCL, to supply power for 25 years at a fixed tariff of 3.5c per kWh and will entail setting up of 133 MW solar and 67 MW wind capacity within a period of 18 months from the signing of PPA. Solar capacity for the project will be set up in Rajasthan, while the wind capacity will be in Maharashtra.
HSBC

Hot Stocks

06:03 EST HSBC fined GBP 64M by FCA for deficient transaction monitoring controls - The FCA has fined HSBC Bank plc GBP 63,946,800 for failings in its anti-money laundering processes. HSBC used automated processes to monitor hundreds of millions of transactions a month to identify possible financial crime. However, the FCA found that three key parts of HSBC's transaction monitoring systems showed serious weaknesses over a period of eight years from 31 March 2010 to 31 March 2018. In particular, HSBC failed to: consider whether the scenarios used to identify indicators of money laundering or terrorist financing covered relevant risks until 2014; and carry out timely risk assessments for new scenarios after 2016; appropriately test and update the parameters within the systems that were used to determine whether a transaction was indicative of potentially suspicious activity; check the accuracy and completeness of the data being fed into, and contained within, monitoring systems. HSBC did not dispute the FCA's findings and agreed to settle at the earliest possible opportunity, which meant it qualified for a 30% discount. Otherwise, the FCA would have imposed a financial penalty of GBP 91,352,600. HSBC has undertaken a large-scale remediation program into its anti-money laundering processes, which was supervised by the FCA.
BC

Hot Stocks

06:02 EST Brunswick's Freedom Boat Club acquires Rhode Island franchise operation - Freedom Boat Club, a Brunswick business, announced that it has acquired the Freedom Boat Club of Rhode Island franchise operation and territory. The acquisition includes all four current Rhode Island-based locations, as well as the rights to expand and build new club locations throughout Rhode Island. This action complements the recent Freedom Boat Club acquisitions in the Northeast , including the New York City / Long Island and Connecticut territories. It furthers the company's plans to accelerate growth in tier one markets and leverage a consolidated footprint, creating regional super territories that provide operating efficiencies and enhance synergies for Brunswick. This transaction marks the fifth boat club acquisition made by Brunswick in 2021.
CIO

Hot Stocks

06:02 EST City Office REIT increases quarterly dividend 33.3% to 20c per share - City Office REIT announced that its board of directors has authorized a 33.3% increase in the quarterly dividend, from 15c to 20c per share of common stock and common unit of partnership interest for Q4. The dividends will be payable on January 25, 2022, to all stockholders and operating partnership unitholders of record as of the close of business on January 11, 2022.
ENSG

Hot Stocks

06:00 EST Ensign Group raises quarterly dividend to 5.5c per share - Payable on or before January 31, 2022, to shareholders of record as of December 31, 2021.
BEKE

Hot Stocks

05:59 EST KE Holdings refutes Muddy Waters short seller report - KE Holdings issued the following statement in response to allegations made in a report by Muddy Waters Capital: "Yesterday, Muddy Waters issued a short seller report attacking Beike. Based upon the Company's preliminary review and evaluation of the report, the Company believes the report is without merit and contains numerous errors of fact, unsubstantiated statements, and misleading speculations and interpretations. The report also shows a lack of basic understanding of the housing transactions industry in China."
CTK

Hot Stocks

05:26 EST CooTek studio initiates development of metaverse game targeting female users - CooTek recently announced its long-term plan to build a metaverse, integrating its advantages in mobile games and online literature along with supports from multiple sources. Lejiu, a Shanghai-based game studio invested by CooTek, has initiated the development of a metaverse game, targeting female users.
IPSEY GNFT

Hot Stocks

05:23 EST Ipsen, Genfit enter exclusive license agreement for elafibranor - Ipsen (IPSEY) and Genfit (GNFT) have entered into a long-term strategic partnership for global collaboration between the two companies. The agreement gives Ipsen exclusive license to develop, manufacture and commercialize Genfit's investigational treatment elafibranor, for people living with Primary Biliary Cholangitis, or PBC. The partnership also gives Ipsen access to future clinical programs led by Genfit and combines Genfit's scientific expertise and proprietary technologies in liver disease with Ipsen's development and commercialization capabilities. Ipsen will also purchase newly issued Genfit equity representing 8% post-issuance through a EUR 28M investment in Genfit, becoming one of the largest shareholders. Genfit remains responsible for the Phase III ELATIVE trial until the completion of the double-blind period. Ipsen will assume responsibility for all additional clinical development, including completion of the long-term extension period of the ELATIVE trial, and global* commercialization. This newly established strategic partnership will also provide Ipsen with access to Genfit's research capabilities and other clinical programs through rights to first negotiation. Under the agreement, Ipsen will pay GENFIT up to EUR 480M, comprising upfront cash payment of EUR 120M, as well as regulatory, commercial, and sales-based milestone payments up to EUR 360M, plus tiered double-digit royalties of up to 20%. Ipsen also becomes a shareholder of Genfit through the purchase of 3,985,239 newly issued shares representing 8% of GENFIT S.A. after issuance, via a EUR 28M investment. The new shares will be issued pursuant to the twentieth resolution of Genfit's June 30 shareholders' meeting and will be subject, upon issuance, to a lock-up period ending, in the event of positive ELATIVE results, on the earlier of the date on which the EMA makes a formal recommendation to the European Commission for the marketing authorization of elafibranor in PBC or the date on which the U.S. FDA grants approval of elafibranor in PBC. Issuance of the new shares is expected to take place on or about December 22, 2021. In addition, the board of Genfit will propose at the next shareholders' meeting that Ipsen becomes a board member. The transaction is expected to be dilutive to Ipsen's profitability over the near term, primarily reflecting R&D and launch-preparation expenses.
RHHBY

Hot Stocks

05:17 EST Roche receives CE mark for cobas SARS-CoV-2 Qualitative test - Roche announced that its cobas SARS-CoV-2 Qualitative test has received CE mark for the use of saliva samples in the detection of SARS-CoV-2 on the widely available, high-throughput cobas 6800/8800 Systems. This non-invasive test is for any individual, including those suspected of COVID-19 and those without symptoms. Saliva sample collection represents a convenient testing approach for patients, who can easily self-collect their own samples.
KKR

Hot Stocks

05:15 EST KKR to acquire Yayoi, terms undisclosed - KKR announced the signing of a definitive agreement under which KKR will acquire Yayoi, a software developer, distributor, and support service provider for small- and medium-sized enterprises in Japan from Orix Corporation, an integrated financial services group. The transaction is expected to be completed on March 1, 2022, subject to regulatory approvals and customary closing conditions. Further details of the investment have not been disclosed.
STLA

Hot Stocks

05:12 EST Stellantis intends to create leasing group, captive finance arm - Stellantis has entered into exclusive negotiations with BNP Paribas Personal Finance, or BNPP PF, Credit Agricole Consumer Finance, or CACF, and Santander Consumer Finance, or SCF, aimed at better organizing Stellantis' current European financing landscape to bring financing activities to all Stellantis brand customers, dealers and distributors. Stellantis intends to: create a multi-brand operational leasing company in which Stellantis and CACF each hold a 50% interest, resulting from the combination of the Leasys and F2ML businesses and reorganize the financing activities through joint ventures set up with BNPP PF or SCF in each country to manage financing activities for all Stellantis brands. Consequently, it is intended that: CACF would acquire the 50% stakes in FCA Bank and Leasys Rent currently owned by Stellantis, on the understanding that these entities would continue to operate their financing activities with others carmakers primarily under existing and future White Label agreements; BNPP PF would operate financing activities through JVs with Stellantis in Germany, Austria and the UK in order to become Stellantis' exclusive partner for financing activities in these countries and SCF would operate financing activities through JVs with Stellantis in France, Italy, Spain, Belgium, Poland, the Netherlands, and via a commercial agreement in Portugal, to become Stellantis' exclusive partner for financing activities in these countries. The relevant agreements could be signed in Q1 2022 upon completion of the information and consultation procedures with staff representative bodies regarding this plan. The proposed transactions should be completed during the first half of 2023 once the required authorization has been obtained from the relevant anti-trust authorities and market regulators.