Stockwinners Market Radar for December 30, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SQ

Hot Stocks

20:34 EST Cathie Wood's ARK Investment bought 194.7K shares of Block today
ZM

Hot Stocks

20:34 EST Cathie Wood's ARK Investment bought 132.7K shares of Zoom Video today
DKNG

Hot Stocks

20:33 EST Cathie Wood's ARK Investment bought 543.2K shares of DraftKings today
HOOD

Hot Stocks

20:33 EST Cathie Wood's ARK Investment bought 793.5K shares of Robinhood today
QIPT

Hot Stocks

20:31 EST Quipt Home Medical announces receipt of management cease trade order - Quipt Home Medical "announces that, further to its December 16, 2021 news release, its application for a management cease trade order under National Policy 12-203 - Management Cease Trade Orders has been approved by the British Columbia Securities Commission. The MCTO does not affect the ability of investors to trade in the securities of the company."
FB MVRS

Hot Stocks

18:39 EST Facebook general counsel sells $393K in common stock - In a regulatory filing, Meta disclosed that is General Counsel Jennifer Newstead sold 1.1K shares of common stock on December 28th for $393K, reducing her stake by about 8%.
FCPT

Hot Stocks

18:23 EST Four Corners Property Trust buys Chick-fil-A Property for $3.5M - Four Corners Property Trust announces the acquisition of a Chick-fil-A property for $3.5M. The property is located in retail corridor in Connecticut and is corporate-operated with approximately fifteen years of term remaining. The transaction was priced at a cap rate in range with previous FCPT transactions.
FCPT

Hot Stocks

18:19 EST Four Corners Property Trust buys Red Lobster Restaurant Property for $1.9M - Four Corners Property Trust announces the acquisition of a Red Lobster restaurant property for $1.9M. The property is located in a retail corridor in New York and is corporate-operated under a long-term, triple net ground lease with 8 years of term remaining.
FCPT

Hot Stocks

18:04 EST Four Corners Property Trust acquires Caliber Collision property for $3.0M - Four Corners Property acquired a Caliber Collision property for $3.0M. The property is located in a dense corridor in Pennsylvania and is corporate-operated with approximately eight years of term remaining. The transaction was priced at a 6.2% going-in cash capitalization rate, exclusive of transaction costs.
XOM

Hot Stocks

17:40 EST Exxon Mobil sees Q4 gains from oil prices at up to $800M, gas prices up to $1.1B - Exxon Mobil states in an 8-K filing: "To give perspective regarding market and planned factors affecting Q4 results, we are providing the following summary of factors management believes will impact Q4 results relative to Q3 2021 results. These factors are generally limited to market dynamics, seasonal patterns, and planned activities. This list is not meant to be a comprehensive list of all changes between 3Q 2021 results and 4Q 2021 results or to provide an estimate of 4Q 2021 results for the Corporation." Change in gas prices would impact Q4 by $0.7B-$1.1B and liquids prices by $0.4B to $0.8B, the company estimates.
CTO

Hot Stocks

17:19 EST CTO Realty Growth acquires Phase I of The Exchange at Gwinnett for $34M - CTO Realty Growth announced it has acquired Phase I of The Exchange at Gwinnett, a grocery-anchored retail property in the Buford submarket of Atlanta, Georgia for $34M. The purchase price represents a going-in cap rate within the range of the company's guidance for initial cash yields. The company also announced the sale of a vacant six-acre development land parcel in downtown Daytona Beach, Florida for $6.3M. The company purchased the property using available cash and availability under the company's unsecured revolving credit facility.
BA

Hot Stocks

17:16 EST Boeing awarded $471.31M Air Force contract action - Boeing has been awarded a not-to-exceed $471.31M undefinitized contract action for the F-15 Japan Super Interceptor Program. The contract action provides for the design and development of an integrated suite of aircraft systems to support modification of the Japan Air Self Defense Force F-15MJ aircraft and the development, test, and delivery of four Weapon System Trainers. Work is expected to be completed by December 31, 2028. This contract involves 100% Foreign Military Sales to Japan. This award is the result of a sole source acquisition. Foreign Military Sales funds in the amount of $48.26M are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
AEP

Hot Stocks

17:01 EST American Electric completes sale of Racine hydroelectric plant - American Electric completed the sale of Racine Plant, a 48 MW hydroelectric facility in Racine, Ohio, from AEP Generation Resources, the company's competitive generation affiliate, to Eagle Creek Renewable Energy. The sale price will not be disclosed. With the completion of this transaction, AEP Generation Resources' only remaining competitive facility is Cardinal Plant's 595-MW Unit 1, which is scheduled for retirement in 2028.
XERS

Hot Stocks

17:00 EST Xeris Pharmaceuticals trading resumes
TMDI

Hot Stocks

16:55 EST Titan Medical discloses Nasdaq non-compliance notice - Titan Medical received notification from the Nasdaq Stock Market LLC Listing Qualifications Department that it was not in compliance with the minimum bid price requirement set forth in Nasdaq Rule 5550(a)(2) since the closing bid price for the company's common shares listed on Nasdaq was below US$1.00 for 30 consecutive business days. These notifications do not impact the company's listing on the Nasdaq Capital Market at this time. In accordance with Listing Rule 5810(c)(3)(A), the company has a period of 180 calendar days from the date of notification, being until June 28, 2022, to regain compliance with the minimum bid price requirement, during which time the shares will continue to trade on the Nasdaq Capital Market.
CYBN

Hot Stocks

16:36 EST Cybin says Port Townsend WA latest city to Decriminalize psychedelic substances - "Last week, the city of Port Townsend became the latest city to decriminalize entheogenic fungi and plants through a measure that was unanimously adopted by the city council of Port Townsend. This Washington State city is the latest city to relax its policy on psychedelic substances. Under the approved measure, laws against natural psychedelic plants including ayahuasca, peyote and magic mushrooms, will be the lowest priority for law enforcement in the city. Natural psychedelic substances are sometimes referred to as entheogenic fungi and plants. The initiative also conveys support for the decriminalization of psychedelic drugs at the federal level. In addition to this, it also stipulates that the abuse of controlled substances is deemed to be a public health issue. Leaders in the city modeled their psychedelics decriminalization measure after the initiative that was approved by the city council of Seattle earlier this year. The Port Townsend Psychedelics Society, which is exploring the potential for psychedelics in healing and is dedicated to the decriminalization of entheogenic plants, also helped draft the measure," noted Cybin in a statement. In an interview, Port Townsend Psychedelics Society cofounder Erin Reading stated that the society was excited that the city had approved a measure supporting entheogen decriminalization, having worked on the issue for more than two years. Reading added that the society would focus their energy into other facets of the psychedelic society, including growing accessibility to these drugs, offering educational trainings and workshops, and strengthening connections in the community. Heally CEO Greg Rovner also applauded the decision of the city council to decriminalize entheogenic fungi and plants. Heally is a telemedicine platform based in California, developed for psychedelic clinics and patients seeking alternative medicine treatment. The first major municipality to decriminalize psychedelic substances was Denver, which approved a decriminalization measure in 2019. Since then, similar initiatives have been passed by Cambridge, Washington D.C. and Oakland. Additionally, voters in the state of Oregon approved a ballot initiative in November 2020 that decriminalized psilocybin and legalized its therapeutic use. "Given how much progress companies such as Cybin have made in their quest to develop psychedelic-based remedies for various mental health indications, it isn't surprising that the public is catching on and demanding for policy change in their cities and states" added the company in a statement out Thursday afternoon.
XERS

Hot Stocks

16:35 EST Xeris Biopharma's Recorlev approved by FDA for Cushing's syndrome - Xeris Biopharma announced the FDA approval of Recorlev for the treatment of endogenous hypercortisolemia in adult patients with Cushing's syndrome for whom surgery is not an option or has not been curative. The approval of Recorlev was based upon safety and efficacy data from two positive Phase 3 studies that evaluated a population of 166 patients representative of the adult drug-treated U.S. population with Cushing's syndrome. The study met its primary and key secondary endpoints, significantly reducing and normalizing mean urinary free cortisol concentrations without a dose increase A randomized-withdrawal study that met its primary and key secondary endpoints, confirmed the efficacy and safety of Recorlev in normalizing and maintaining therapeutic response compared with placebo. Endogenous Cushing's syndrome is a rare, serious, and potentially fatal endocrine disease caused by chronic elevated cortisol exposure-often the result of a benign tumor of the pituitary gland. The disease is most common among adults between the ages of 30-50, and it affects women three times more often than men.
MKFG

Hot Stocks

16:32 EST Markforged co-founder Greg Mark resigns as director, employee - Markforged announced that Greg Mark has resigned his positions as member of the board of directors and as an employee. Mark's resignation became effective December 29. "We are extremely grateful for Greg's significant contributions to Markforged since founding the company in 2013," said Shai Terem, president and CEO at Markforged. "Greg established a truly innovative company with revolutionary technology that will continue to thrive as we pursue our mission to reinvent manufacturing and enable our manufacturing customers to move to robust production at the point of need. We wish Greg success in his future endeavors."
LFG

Hot Stocks

16:19 EST Archaea Energy launches Project Assai RNG facility - Archaea Energy announced the successful start-up of Project Assai, an RNG facility located at the Keystone Sanitary Landfill in Dunmore, Pennsylvania. Pipeline-quality RNG has been produced and commercial operations were achieved on December 30. Assai is now the highest capacity operational RNG facility in the world. Assai was successfully constructed, commissioned, and completed within budget and in under two years. Assai has an inlet capacity of 22,500 scfm and combines landfill gas flows from the Keystone Sanitary Landfill and the Waste Management Alliance Landfill. Assai is expected to reduce CO2 emissions by over 200,000 metric tons annually and reduce air pollutants. Assai is expected to deliver over 4 million MMBtu of RNG annually at projected flows, methane recovery and uptime, resulting in over $40M of annual projected EBITDA. Approximately 80% of the total RNG volumes expected to be produced at Assai have been contracted on a long-term, fixed fee basis with FortisBC Energy Inc., Energir, L.P., and The Regents of the University of California, for periods of up to 20 years.
BROG

Hot Stocks

16:18 EST Brooge Energy discloses Nasdaq non-compliance notice - Brooge Energy "announced that it has received a letter from The Nasdaq Stock Market dated December 27, 2021 following a notification delivered to Nasdaq by the company, confirming that the company is not in compliance with Listing Rule 5605 with respect to Nasdaq's independent director requirement. The non-compliance was triggered due to two directors nominated for re-election failing to be elected to serve on the board of directors at the annual meeting of shareholders of the company held on December 16, 2021. As a result, Brooge Energy is no longer in compliance with Nasdaq Listing Rule 5605(b)(1), which requires the company's board of directors to be comprised of a majority of independent directors. The company intends to regain compliance as soon as possible by actively searching for an additional independent member of the board. The company's search will focus on individuals within the oil and gas sector with a renewable energy understanding, which new board member is intended to complement the existing expertise in the company's board of directors in order to position Brooge Energy for the future growth, including possible expansion into the renewable energy sector."
AMD XLNX

Hot Stocks

16:16 EST AMD, Xilinx now see transaction closing in first quarter of 2022 - AMD (AMD) and Xilinx (XLNX) released the following statement related to the status of global regulatory approvals for AMD's proposed acquisition of Xilinx: "We continue making good progress on the required regulatory approvals to close our transaction. While we had previously expected that we would secure all approvals by the end of 2021, we have not yet completed the process and we now expect the transaction to close in the first quarter of 2022. Our conversations with regulators continue to progress productively, and we expect to secure all required approvals." There are no additional changes to the previously announced terms or plans regarding the transaction and the companies continue to look forward to the proposed combination "creating the industry's high-performance and adaptive computing leader," the companies stated.
MDRR

Hot Stocks

16:16 EST Medalist Diversified REIT to buy back 500K shares of common stock - Medalist Diversified REIT board of directors has approved a program that will allow management to purchase up to 500,000 shares of the company's common stock in the open market, up to a maximum price of $4.80 per share.
CFX

Hot Stocks

16:15 EST Colfax to hold special shareholder meeting to seek approval of reverse split - Colfax announced that it plans to hold a special meeting of stockholders to seek approval for an amendment to the company's Amended and Restated Certificate of Incorporation to effect, at the discretion of the Board of Directors, (i) a reverse stock split of the company's common stock, par value $0.001 per share at one of three reverse stock split ratios, one-for-two, one-for-three or one-for-four, with the exact ratio to be determined by the Board of Directors of the company at a later date, and (ii) if and when the reverse stock split is effected, a corresponding reduction in the number of authorized shares of our common stock by the selected reverse stock split ratio.
LXRX

Hot Stocks

16:12 EST Lexicon jumps 6.7% to $4.45 per share after submitting NDA for Sotagliflozin
LXRX

Hot Stocks

16:12 EST Lexicon submits NDA for Sotagliflozin in type 2 diabetes related heart failure - Lexicon "announced that it has submitted a New Drug Application to the U.S. Food and Drug Administration seeking approval for the marketing and sale of sotagliflozin to reduce the risk of cardiovascular death, hospitalization for heart failure, and urgent visits for heart failure in adult patients with type 2 diabetes with either worsening heart failure or additional risk factors for heart failure irrespective of left ventricular ejection fraction. The FDA has a 60-day filing review period to determine whether the NDA is complete and acceptable for filing. The NDA submission is supported by the results from the Phase 3 SOLOIST clinical study in patients with type 2 diabetes who had recently been hospitalized for worsening heart failure and the Phase 3 SCORED clinical study in patients with type 2 diabetes, chronic kidney disease and risks for cardiovascular disease."
CAMP

Hot Stocks

16:11 EST CalAmp announces departure of Chief Revenue Officer - CalAmp announced the departure of Arym Diamond, SVP and Chief Revenue Officer, effective January 14, 2022. Maurizio Iperti, President of EMEA for CalAmp will step into an interim role leading global sales operations while a search is conducted for a new CRO. "Maurizio has spent time internationally and in Silicon Valley building and transforming companies into successful SaaS players for more than 20 years. As CalAmp searches for a new Chief Revenue Officer, his SaaS business savvy and telematics expertise will enable a smooth transition to CalAmp partners and customers who demand market-leading, data-driven insights and edge computing solutions that drive meaningful return on investment for their business," said Jeff Gardner, President and CEO of CalAmp.
SON

Hot Stocks

16:10 EST Sonoco Products acquires American Recycling - Sonoco Recycling, a unit of Sonoco, "announced it has acquired American Recycling of Western North Carolina, a privately owned recovered paper recycler located in Asheville, N.C. American Recycling of Western North Carolina is a privately owned business that processes approximately 30,000 tons of recovered fiber annually at its well-capitalized Asheville material recovery facility. The business expects to generate approximately $9 million in sales in 2021 and it is strategically located approximately 65 miles from Sonoco's Newport, TN, uncoated recycled paperboard mill."
BKNG

Hot Stocks

16:09 EST Booking Holdings completes qcquisition of Getaroom - Booking Holdings has successfully completed its plan to acquire Getaroom from Court Square Capital Partners for approximately $1.2B. Getaroom is a B2B distributor of hotel rooms, and will roll into Booking Holdings' Priceline brand to form a new Strategic Partnerships business unit with the Priceline Partner Network. Getaroom will remain headquartered in Dallas and current Chief Executive Officer, Matt Davis, will lead Priceline's new Strategic Partnerships business unit.
CNC MGLN

Hot Stocks

16:08 EST Centene, Magellan Health obtain all required regulatory approvals for deal - Centene (CNC) and Magellan Health (MGLN) announced that they have obtained all required regulatory approvals necessary to close Centene's pending acquisition of Magellan Health. Subject to the satisfaction of customary closing deliveries, the parties anticipate closing the acquisition on or about January 4, 2022.
AJX

Hot Stocks

16:05 EST Great Ajax declares 10c per share special dividend - The dividend will be payable on January 25, 2022 to common stockholders of record as of January 10, 2022.
XERS

Hot Stocks

16:00 EST Xeris Pharmaceuticals trading halted, news pending
ETRN...

Hot Stocks

15:47 EST W.Va regulators issue water quality certification for Mountain Valley Pipeline - The Mountain Valley Pipeline, which owned by units of Equitrans (ETRN), NextEra Energy (NEE), Consolidated Edison (ED), AltaGas (ATGFF) and RGC Resources (RGCO), had its water quality certification application approved by the West Virginia Department of Environmental Protection and West Virginia Division of Natural Resources, according to letter posted to the site of the WVDEP. Reference Link
WORX

Hot Stocks

15:32 EST SCWorx announces settlements of securities class action, derivative action suits - SCWorx announced that it has entered into binding agreements to settle both the securities class action and derivative action lawsuits which were commenced in 2020. Under the terms of the class action agreement, the insurers for the company and former CEO Marc Schessel will make a cash payment to the class plaintiffs and the company will issue $600,000 worth of common stock to the class plaintiffs, in exchange for which all parties will be released from all claims related to the securities class action litigation. The class action agreement provides that the parties will negotiate in good faith to enter into a definitive settlement agreement within thirty days. Once the company issues the $600,000 worth of stock, the company believes it will have satisfied its obligations with respect to the payment of the $750,000 accrued retention liability applicable to its D&O insurance policy. The final settlement agreement will be subject to court approval. "One of my primary goals since becoming CEO of SCWorx has been to resolve the class and derivative actions and move forward with focusing on our core data management business. I would like to thank our Board, management team and legal counsel in helping to achieve these goals and put these issues behind us. We look forward to continuing to deliver our SaaS service offerings to healthcare providers as they struggle with the difficulties caused by Covid-19. Our service offerings help solve the challenges which hospitals experience within their supply chain and deliver the analytics and visibility to achieve desired cost savings," said Tim Hannibal, CEO of SCWorx.
CNC MGLN

Hot Stocks

15:14 EST California DMHC approves Centene acquisition of Magellan Health with conditions - The California Department of Managed Health Care, or DMHC, announced approval of Centene's (CNC) acquisition of Magellan Health (MGLN) with conditions to ensure the merger does not adversely impact enrollees or the stability of California's health care delivery system. With approving the acquisition, the DMHC has imposed several conditions on the plans, including: The plans will continue Magellan's market presence in California and HAI-CA will continue its existing contracts to provide behavioral health services at the same rates for at least two years. The plans will help to control health care costs and keep premium rate increases to a minimum, including no increases in premiums as a result of acquisition costs. A third-party monitor will be put in place to oversee the plans' compliance with competition related conditions, including holding the Magellan and Centene plans separate to ensure the Magellan plans are run as a separate business. The plans must invest $10M to support the acceleration of behavioral health integration into primary care practices in California's health care delivery system.
AVA

Hot Stocks

14:13 EST Avista announces long-term clean energy contract with Chelan PUD - Avista and Chelan County Public Utility District, or PUD, have finalized a contract for renewable hydropower from the PUD's two hydro projects on the Columbia River, the company announced. "The 20-year contract increases Avista's carbon-free resources toward its 2030 renewable energy goals, as well as contributes flexible capacity to identified needs in Washington and Idaho. The acquisition successfully closes out Avista's 2020 Renewable Request for Proposals. The competitively priced contract provides Avista with 5% of the output from the PUD's Rock Island and Rocky Reach hydropower projects from 2026 through 2030; it increases to 10% of the output from these projects in 2031-2045... The contract was negotiated after a competitively bid RFP process and includes both carbon-free energy attributes provided by hydropower as well as dispatchable capacity to help Avista meet peak energy needs during high customer usage times," the company stated.
THS

Hot Stocks

14:05 EST Jana says had talks with TreeHouse about 'undervaluation' and stockholder return - In a regulatory filing, Jana Partners reported a 9.2% stake in TreeHouse Foods, noting that the 5,153,415 shares reported were acquired at an aggregate purchase price of approximately $212.7M. The firm said it acquired the shares because they believe the shares are "undervalued and represent an attractive investment opportunity." Jana has had, and intends to continue to have, "constructive discussions with the [company's] board of directors and management regarding avenues to resolve the [company's] undervaluation and total stockholder return, including evaluating a sale of the [company], operations, capital allocation, changes to the composition of the board, corporate governance and compensation practices," the filing noted.
TEVA

Hot Stocks

13:30 EST Teva 'strongly disagrees' with New York jury ruling in opioids trial - The company said, "Teva Pharmaceuticals strongly disagrees with today's outcome and will prepare for a swift appeal as well as continue to pursue a mistrial. In NY, the plaintiffs presented no evidence of medically unnecessary prescriptions, suspicious or diverted orders, no evidence of oversupply by the defendants - or any indication of what volumes were appropriate - and no causal relationship between Teva's conduct including its marketing and any harm to the public in the state. Prior to deliberation, Teva sought a mistrial based on, among other issues, the state's misrepresentation of the amount of opioids sold by Teva in NY by more than 500 times. Teva continues to focus on increasing access to essential medicines to patients, including opioid medications for approved indications. Most importantly, the Company continues to pursue a national settlement in the best interest of patients. As recently as last month, a court in California issued a decision finding that Teva did not cause a public nuisance in Orange County, Los Angeles County, Santa Clara County and the City of Oakland and that Teva did not make any false or misleading statements in connection with marketing prescription opioids in California. Additionally, last month the Oklahoma Supreme Court overturned an earlier judgment against a pharmaceutical manufacturer and ruled that the public nuisance law in Oklahoma does not extend to the manufacturing, marketing and selling of prescription opioids."
DIS...

Hot Stocks

12:37 EST Cruise stocks fall after CDC says even vaccinated should avoid ships - Shares of the cruise ship operators fell after Centers for Disease Control and Prevention said such travel should be avoided, regardless of vaccination status. In a "COVID-19 Travel Health Notice," the agency updated its risk level for cruise ships from three to four, the highest level. "This reflects increases in cases onboard cruise ships since identification of the Omicron variant," the agency said. "Avoid cruise travel, regardless of vaccination status," the agency wrote, noting that even fully vaccinated travelers may be at risk for getting and spreading COVID-19 variants. It explained, "The virus that causes COVID-19 spreads easily between people in close quarters on board ships, and the chance of getting COVID-19 on cruise ships is very high, even if you are fully vaccinated and have received a COVID-19 vaccine booster dose." Cruise ship operators include Royal Caribbean Cruises (RCL), Carnival (CCL), Norwegian Cruise Line (NCLH) and Disney (DIS).
CCL...

Hot Stocks

12:21 EST Cruise stocks lower after CDC says even vaccinated should avoid ships
RCL...

Hot Stocks

12:20 EST CDC says 'avoid cruise travel, regardless of vaccination status' - Centers for Disease Control and Prevention's "COVID-19 Travel Health Notice" level has been updated for cruise ships from Level 3 to Level 4, the highest level. "This reflects increases in cases onboard cruise ships since identification of the Omicron variant," the agency said. The CDC said to "avoid cruise travel, regardless of vaccination status." Even fully vaccinated travelers may be at risk for getting and spreading COVID-19 variants, the agency added. Cruise ship operators include Royal Caribbean Cruises (RCL), Carnival (CCL), Norwegian Cruise Line (NCLH) and Disney (DIS). Reference Link
TEVA

Hot Stocks

12:11 EST Teva down 4% after NY jury said to find company liable in opioid suit - Shares of Teva trading in New York are down about 4% to $8.09 in midday trading after Bloomberg's Jef Feeley reported that a jury in New York concluded that the company and some of its units should be held liable for helping to fuel a public-health crisis via the marketing and distribution of opioid painkillers. Feeley, who noted that the company could face "potentially billions in compensation claims" from New York state and two Long Island counties, noted that the judge in the case will decide later how much the state and counties should get related to the jury verdict.
EADSY

Hot Stocks

12:10 EST Aviation Capital Group commits to 20 A220s, 40 A320neo Family aircraft - Aviation Capital Group, wholly owned by Tokyo Century Corporation, has signed a Memorandum of Understanding for 20 A220s and a firm contract for 40 A320neo Family aircraft, of which five are A321XLRs. The company said, "With this order ACG is supporting the recently launched multi-million dollar ESG fund initiative by Airbus that will contribute towards investment into sustainable aviation development projects." Reference Link
KUKE

Hot Stocks

12:00 EST Kuke Music falls -6.1% - Kuke Music is down -6.1%, or -28c to $4.42.
ACHR

Hot Stocks

12:00 EST Archer Aviation falls -6.8% - Archer Aviation is down -6.8%, or -44c to $6.02.
VGR

Hot Stocks

12:00 EST Vector Group falls -36.0% - Vector Group is down -36.0%, or -$6.17 to $10.99.
DAO

Hot Stocks

12:00 EST Youdao rises 14.0% - Youdao is up 14.0%, or $1.40 to $11.40.
TME

Hot Stocks

12:00 EST Tencent Music rises 14.2% - Tencent Music is up 14.2%, or 84c to $6.81.
TAL

Hot Stocks

12:00 EST TAL Education rises 14.2% - TAL Education is up 14.2%, or 49c to $3.93.
CVX

Hot Stocks

11:42 EST FireBird Energy announces acquisition of Midland Basin assets from Chevron - FireBird Energy announced that it has completed an acquisition of operated assets located in the Midland Basin from Chevron U.S.A. Inc. and Chevron Midcontinent, L.P. The acquisition closed December 30, with an effective date of December 1, FireBird said. Travis Thompson, CEO of FireBird, said, "This transaction will be our second major acquisition as we continue to advance our consolidation strategy and enhance our Western Midland Basin footprint with additional scale. The acquisition of these high-margin, oil-weighted assets is a complementary addition to our acreage footprint, production, and cash flow base. The Acquisition includes approximately 21,000 net acres, 99% operated, in Ector, Midland, Crane, and Upton Counties. We expect to benefit from additional operating synergies when production operations are combined with our base asset."
DIDI BABA

Hot Stocks

10:31 EST Didi appoints Yi Zhang to Board as Daniel Yong Zhang steps down - DiDi Global (DIDI) has announced that Yi Zhang has been appointed as a director to the board of directors of the company and Daniel Yong Zhang has resigned from the board. Yi Zhang is currently Senior Legal Director of Alibaba Group (BABA) and general counsel of Alibaba Local Services Company. Zhang joined Alibaba Group in August 2014.
OCGN

Hot Stocks

10:02 EST Ocugen partner Bharat Biotech announces COVAXIN immunogenicity, safety data - Ocugen announced that its partner, Bharat Biotech, posted results from a Phase 2/3 trial conducted in India of candidate vaccine, COVAXIN, in children, aged 2 - 18 years, demonstrating a robust neutralizing antibody response and favorable safety profile on the pre-print server, medRXiv. Using a two-dose regimen administered 28-days apart, antibody responses in subjects were comparable to adult data from a previous phase 3 study. Those results demonstrated a greater than 93% reduction in severe disease. These pediatric data were the basis of Ocugen's pediatric Emergency Use Authorization submission in the United States for children 2-18 on November 5, 2021. In the study, immunogenicity against key COVID-19 proteins was measured using geometric mean titer, a test that measures the amount of antibodies in the blood in response to the presence of the virus. GMT was measured across three age groups and demonstrated strong immune response after the second dose. There were no serious adverse events such as myocarditis, pericarditis, or blood clots, reported in any of the three age groups. This immunobridging trial was intended to determine if COVAXIN generates the same protective immunity in children as it does in adults. To be considered equivalent, pediatric participants needed to achieve comparable GMT's to those generated by adults in a large phase 3 clinical trial. At Day 56, across all ages, the mean SARS-CoV-2 antibody GMT was more than 30% higher in children aged 2-18 than the mean GMT from Phase 3 clinical trial involving 25,800 adult subjects aged 18+. These data demonstrate children 2-18 generate antibody response comparable to adults fully vaccinated with COVAXIN. The study also showed increased antibody titers against 3 viral antigens providing a broad immune response to COVID-19. In each case a more than 4-fold increase in neutralizing antibody titers versus baseline was seen in all age groups after the second dose. Participants were not reported to have experienced any severe adverse events. The majority of adverse events noted were mild and a small proportion were moderate . Mild to moderate adverse events resolved within 24 hours. The data were also submitted to the Drugs Controller General of India to support a pediatric indication as recommended by an independent committee, known as the Subject Expert Committee, that advises the Indian regulatory agency. Bharat Biotech intends to submit data from the full Phase 3 trial to a peer-reviewed scientific publication soon.
GWH

Hot Stocks

10:00 EST ESS Inc. falls -4.0% - ESS Inc. is down -4.0%, or -49c to $11.69.
TKC

Hot Stocks

10:00 EST Turkcell falls -4.3% - Turkcell is down -4.3%, or -17c to $3.67.
VGR

Hot Stocks

10:00 EST Vector Group falls -28.4% - Vector Group is down -28.4%, or -$4.87 to $12.29.
SNDA

Hot Stocks

10:00 EST Sonida Senior Living rises 7.4% - Sonida Senior Living is up 7.4%, or $2.08 to $30.34.
CYD

Hot Stocks

10:00 EST China Yuchai rises 8.0% - China Yuchai is up 8.0%, or $1.04 to $14.09.
TME

Hot Stocks

10:00 EST Tencent Music rises 8.4% - Tencent Music is up 8.4%, or 50c to $6.47.
NM

Hot Stocks

09:47 EST Navios Maritime falls -3.6% - Navios Maritime is down -3.6%, or -13c to $3.45.
KEP

Hot Stocks

09:47 EST Korea Electric Power falls -3.8% - Korea Electric Power is down -3.8%, or -37c to $9.28.
VGR

Hot Stocks

09:47 EST Vector Group falls -25.1% - Vector Group is down -25.1%, or -$4.30 to $12.86.
RRD

Hot Stocks

09:47 EST R.R. Donnelley rises 4.8% - R.R. Donnelley is up 4.8%, or 51c to $11.18.
MIXT

Hot Stocks

09:47 EST MiX Telematics rises 6.3% - MiX Telematics is up 6.3%, or 76c to $12.76.
MSC

Hot Stocks

09:47 EST Studio City rises 6.8% - Studio City is up 6.8%, or 40c to $6.24.
IMTE

Hot Stocks

09:41 EST Integrated Media Technology announces NFT trading platform plans - Integrated Media Technology announces the signing of an assignment and assumption agreement to take over the rights and obligation on a cooperation agreement on developing a Blockchain business focusing on digital asset market platform mainly focusing on NFT, or Non Fungible Token, trading market. IMTE will pay a deferred payment based on future earnings of Ace Corporation Limited and a bonus payment if Ace is listed on a recognized exchange in the next 5 years, the company stated in a press release. Under the cooperation agreement, IMTE now may invest up to $1M for 60% equity interests in Ace to develop, establish, and operate a trading platform called "Ouction". "We are excited to work with Mr. Eric Zhang, who was the leader in developing Blockchain technology in supply-chain finance and the former CTO in an internet TV operator. Eric's team will bring expertise in Blockchain, cyber security and other technologies to assist us in developing our NFT trading platform and business operations" stated IMTE's CEO, Mr. Xiaodong Zhang.
SPCB

Hot Stocks

09:39 EST SuperCom chairman purchases 512,000 shares in open market - SuperCom announced that its Chairman of the Board, Mr. Arie Trabelsi, has notified the Company that he has purchased recently 512,000 SPCB shares in the open market, as part of his purchase program to purchase up to 3 million SPCB shares in the Open Market.
HWKN

Hot Stocks

09:20 EST Hawkins completes acquisition of NAPCO Chemical Company - Hawkins announced it has completed its purchase of NAPCO Chemical Company, Inc. and its affiliates. As previously announced on December 6, 2021, NAPCO Chemical manufactures and distributes water treatment chemicals from three locations in Texas. Hawkins now has 37 water treatment sites serving 26 states.
RCL

Hot Stocks

09:17 EST Royal Caribbean provides update on COVID-19, omicron variant impact - Royal Caribbean Group provided an update on the status of its business and the impact of the Omicron variant. "Knowledge about COVID-19 and how to deal with it have been in a constant state of flux for the last two years. Omicron has significantly altered the COVID-19 landscape for everyone, and the Royal Caribbean Group is no exception," the company said. "Omicron is having a big short-term impact on everyone, but many observers see this as a major step towards COVID-19 becoming endemic rather than epidemic," said Richard Fain, Chairman & CEO. "We don't like to see even one case, but our experience is a fraction of the comparable statistics of virtually any other comparable location or industry. Few businesses are subject to such intense scrutiny, regulation, and disclosure requirements by so many authorities, and we welcome that scrutiny because of our commitment to safety. We intend to maintain our goal of delivering the safest vacation on land or sea and will constantly adjust our procedures to accomplish this even in the face of Omicron's amazing transmissibility." The company experienced a decline in bookings and increased cancellations for near-term sailings but to a lesser degree than that experienced with the Delta variant. Load factors for sailings in the first half of 2022 remain below historical levels, as expected. However, sailings for the second half of 2022 continue to be booked within historical ranges, at higher prices with and without Future Cruise Credits, with strong demand from the critical U.S. market. The travel industry is experiencing significant disruptions by air transport and other service providers due to the spread of omicron. Such disruptions are particularly impactful during the holiday season as the need increases and the labor supply is impacted by the current spike in cases. Similar issues are impacting the company's onboard service capabilities. In addition, the company is experiencing service disruptions at selected destinations and to date has cancelled or significantly modified 16 destination calls out of 331. The company expects these disruptions to continue in the near term and then decline as the world adjusts to the current trends. Fain concluded, "We are constantly learning and adjusting as Omicron appears to be ushering in a new phase in the fight against COVID-19. We expect these factors to have a negative impact in the short term but are optimistic they will lead us to a more pervasive but less severe health environment. Taken together, this should enable us to produce a strong transitional year in 2022 and a very strong 2023."
RCL

Hot Stocks

09:14 EST Royal Caribbean sees second half of 2022 load factors within historical ranges
RCL

Hot Stocks

09:14 EST Royal Caribbean says first half of 2022 load factors below historical levels
ULCC

Hot Stocks

09:04 EST Frontier Airlines reflects on 2021 growth - Frontier Airlines reflects on 2021 as a year of growth for the 27-year-old Denver-based airline, which completed an initial public offering and became publicly traded on April 1. Throughout 2021, Frontier added another 14 A320 family aircraft to its ultra-fuel-efficient all- Airbus fleet, furthering the company's commitment to more sustainable flying. Frontier also expanded its 'Low Fares Done Right' route map by 132 routes, 21 destinations and nine countries. "The Frontier team showed outstanding resilience and determination this year to accomplish unprecedented results," said Barry Biffle, president and CEO, Frontier Airlines. "From becoming a publicly-traded company in April, to adding more than 130 routes and nearly ten international destinations to Frontier's route network, and ordering 91 new Airbus A321neo aircraft, we've demonstrated the incredible growth our 'Low Fares Done Right' business model is capable of. As we look forward to 2022, we're excited to continue this momentum with new, greener, aircraft joining our fleet, and many more exciting new route opportunities for our customers." Frontier strengthened its position as America's Greenest Airline in 2021 through the announcement of multiple strategic agreements, including a deal with manufacturer Pratt & Whitney for ultra-efficient GTF engines to power 134 Airbus A320neo family aircraft, the launch of 30% lighter Recaro seats onboard new aircraft, and a 91-aicraft order of Airbus' A321neo, featuring advanced fuel-saving technology and industry-leading operating economics. These new partnerships, and the order for additional aircraft to satisfy Frontier's growing network needs, put the airline on the path to triple in size by 2029. To meet the demand of its widening network, the airline welcomed more than 670 flight new attendants and 170 pilots to the Frontier team in 2021 and continues to hire for additional crew member positions. Moreover, Frontier added bases in Tampa and Atlanta this year, extending the company's local economic benefit with new jobs and more attractive base options for team members.
NWVCF

Hot Stocks

09:03 EST EnWave signs second equipment purchase agreement for 120kW REV machine - EnWave Corporation announces that it has signed a second equipment purchase agreement to sell a second 120kW Radiant Energy Vacuum dehydration machine to a leading Illinois-based cannabis company that has operations in multiple U.S. States. The MSO signed a royalty-bearing commercial license agreement with EnWave and purchased its first 120kW REV machine in March 2021.
GWGH

Hot Stocks

09:02 EST GWG Holdings completes requirements for continued listing on Nasdaq - GWG Holdings announced that it received confirmation from Nasdaq that it is in compliance with Nasdaq Listing Rule 5620(a), is in compliance with the continued listing requirements, and will continue to be listed on the Nasdaq Stock Market. The Company received notice from Nasdaq that after holding its 2020/2021 annual meeting of shareholders it is now in compliance with the continued listing requirements.
SYPR

Hot Stocks

08:59 EST Sypris Solutions wins award for Army Key Management System - Sypris Electronics, LLC, a subsidiary of Sypris Solutions, "announced that it has recently received a follow-on award from a U.S. DOD prime contractor to manufacture and test embedded circuit card assemblies that will perform certain cryptographic functions for the Army Key Management System, or AKMS. Production is expected to begin in 2022. Terms of the agreement were not disclosed."
BPMC

Hot Stocks

08:54 EST Blueprint Medicines completes acquisition of Lengo Therapeutics - Blueprint Medicines announced that the company has successfully completed its previously announced acquisition of Lengo Therapeutics and lead compound LNG-451. An investigational new drug, IND, application for LNG-451 was submitted to the U.S. Food and Drug Administration by Lengo Therapeutics in December 2021. "The acquisition of Lengo Therapeutics and its lead candidate LNG-451 enables Blueprint Medicines to expand our pipeline in lung cancer and harness our experience and expertise to advance precision oncology therapies for the patients who need them," said Fouad Namouni, M.D., President of Research & Development. "Pending FDA clearance of the application, we plan to advance LNG-451 into the clinic in the first quarter of 2022."
BFRA BFRI

Hot Stocks

08:53 EST Biofrontera AG announces reduction of Biofrontera Inc. shareholding to under 50% - Biofrontera announced that through the exercise of outstanding warrants the majority ownership of Biofrontera AG (BFRA) was diluted below 50%. Biofrontera AG's shareholding in Biofrontera Inc. (BFRI) of 8,000,000 shares is unchanged, but now represents approximately 47% of the currently outstanding shares. As a result, Biofrontera Inc. is no longer considered a subsidiary of Biofrontera AG. Biofrontera Inc.'s common stock and warrants are traded on the Nasdaq Capital Market under the ticker symbols "BFRI" and "BFRIW," respectively. Not affected by this will be Biofrontera AG's position as Licensor for the license and supply agreement with Biofrontera Inc, which provides the latter with the exclusive rights to market and sell Ameluz and the PDT-lamps BF-RhodoLED and RhodoLED XL in the United States.
HLMN

Hot Stocks

08:48 EST Hillman Solutions Corp. completes redemption of all outstanding warrants - Hillman Solutions announced the completion of the redemption of its outstanding warrants to purchase shares of the Company's common stock, par value $0.0001 per share, that were issued under the Amended and Restated Warrant Agreement, dated November 13, 2020, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent as part of the units sold in the initial public offering of Lancadia Holdings III, Inc., the Company's predecessor, and that remained outstanding at 5:00 p.m. New York City time on December 22, 2021 for a redemption price of $0.10 per Public Warrant. In addition, the Company announced the completion of the redemption of the outstanding warrants to purchase Common Stock that were issued under the Warrant Agreement in a private placement simultaneously with the IPO on the same terms as the outstanding Public Warrants. On November 22, 2021, the Company issued a press release stating that, pursuant to the terms of the Warrant Agreement, on the Redemption Date it would redeem all of the outstanding Warrants at a redemption price of $0.10 per Warrant. Of the 16,666,628 Public Warrants that were outstanding as of the closing of the Business Combination, 666 Public Warrants were exercised for cash at an exercise price of $11.50 per share of Common Stock and 16,199,169 Public Warrants were exercised on a cashless basis in exchange for an aggregate of 4,260,978 shares of Common Stock, in each case in accordance with the terms of the Warrant Agreement, representing approximately 97.2% of the outstanding Public Warrants. In addition, all 8,000,000 Private Warrants that were outstanding as of the closing of the Business Combination were exercised on a cashless basis in exchange for an aggregate of 2,104,000 shares of Common Stock in accordance with the terms of the Warrant Agreement. Total cash proceeds to the Company generated from exercises of the Warrants for cash were approximately $7,659. Following the Redemption Date, the Company had no Public Warrants or Private Warrants outstanding. In connection with the redemption, the Public Warrants ceased trading on The Nasdaq Global Market and were delisted, with the trading halt announced after close of market on December 22, 2021. The Company's Common Stock continues to trade on The Nasdaq Global Market under the symbol "HLMN."
ENB

Hot Stocks

08:48 EST Enbridge completes sale of financial interest in Noverco - Enbridge announced the closing of the agreement through which a subsidiary of Enbridge has sold its 38.9% non-operating minority ownership interest in Noverco to Trencap for $1.14B in cash, previously announced on June 7, 2021. "The sale of our financial interest in Noverco Inc. will further strengthen our financial flexibility. Proceeds from the sale will be initially used to repay short term borrowings and support Enbridge's secured capital program," the company said.
BFRA

Hot Stocks

08:46 EST Biofrontera AG announces reduction of shareholding to under 50% - Biofrontera announced that through the exercise of outstanding warrants the majority ownership of Biofrontera AG was diluted below 50%. Biofrontera AG's shareholding in Biofrontera Inc. of 8,000,000 shares is unchanged, but now represents approximately 47% of the currently outstanding shares. As a result, Biofrontera Inc. is no longer considered a subsidiary of Biofrontera AG. Biofrontera Inc.'s common stock and warrants are traded on the Nasdaq Capital Market under the ticker symbols "BFRI" and "BFRIW," respectively. Not affected by this will be Biofrontera AG's position as Licensor for the license and supply agreement with Biofrontera Inc, which provides the latter with the exclusive rights to market and sell Ameluz and the PDT-lamps BF-RhodoLED and RhodoLED XL in the United States.
TSLA

Hot Stocks

08:44 EST Tesla recalls all 2017-2020 Model 3 vehicles - According to a letter "serving to acknowledge Tesla, Inc.'s notification to the National Highway Traffic Safety Administration of a safety recall," the EV maker is "recalling all 2017-2020 Model 3 vehicles. The rearview camera cable harness may be damaged by the opening and closing of the trunk lid, preventing the rearview camera image from displaying... Tesla Service will inspect and install a guide protector and new cable harness as necessary, free of charge."Reference Link
ISIG

Hot Stocks

08:42 EST Insignia Systems up another 26% amid increase in StockTwits message volume - Shares of Insignia Systems are up another 26% around $29 per share in pre-market trading following yesterday's gains of 21%. The stock is the highest trending name on StockTwits in terms of message volume over the past 24 hours.
REDU

Hot Stocks

08:39 EST Rise Education announces closing of sale of three subsidaries - RISE Education Cayman announced that it has closed its previously announced sale, in which, the company has sold all of the equity interests in Rise Education Information Consulting to Wuhan Xinsili Culture Development on December 28, 2021; and all of the equity interests in RISE Education International Limited and Rise IP to Bain Capital Rise Education IV Cayman Limited on December 30, 2021. Upon completion of the Sale, the Company has, through its subsidiaries, sold substantially all of its assets. In connection with the Sale, on December 30, 2021, the settlement with the lenders of the facilities agreement dated March 18, 2021 relating to the term and revolving facilities of up to an aggregate amount of $80M has also been completed. As part of the Settlement, all interest in the Edge business that offers admission consulting, academic tutoring and test preparation services in Hong Kong and Singapore for students who intend to study abroad has been transferred to a person nominated by the Lenders.
PME

Hot Stocks

08:36 EST Pingtan Marine receives extension from Nasdaq to meet bid price requirement - Pingtan Marine Enterprise announced that it received a notification from the Listing Qualifications Department of The Nasdaq Stock Market on December 28, 2021, which granted the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company now has until June 27, 2022 to regain compliance with the Bid Price Rule. Nasdaq's extension notice has no immediate effect on the continued listing status of the Company's ordinary shares, which remain listed on The Nasdaq Capital Market. If at any time before June 27, 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 Bid Price Rule, and the matter will be closed.
OWL

Hot Stocks

08:35 EST Blue Owl Capital completes acquisition of Oak Street Real Estate Capital - Blue Owl Capital announced the completion of its acquisition of Oak Street Real Estate Capital and its investment advisory business. The transaction was previously announced in October of 2021. Doug Ostrover, Co-Founder and CEO of Blue Owl, said: "We are thrilled to officially welcome Marc and the Oak Street team to Blue Owl. Oak Street is the industry's preeminent net lease platform with meaningful capital, scale and expertise that will further expand Blue Owl's range of investment solutions. We look forward to working closely together and are excited for what the future holds."
LEGN

Hot Stocks

08:34 EST Legend Biotech appoints CEO and CFO Ying Huang to Board - Legend Biotech has appointed CEO and CFO Ying Huang as a director to Legend's Board of Directors. Huang will serve as a Class I director. Ying Huang has served as CEO since September 2020 and as CFO since July 2019. Prior to joining Legend Biotech, Huang was a Managing Director and Head of Biotech Equity Research at BofA Securities from August 2014 to July 2019.
AMS PNC

Hot Stocks

08:32 EST American Shared Hospital appoints Kathleen Miles, Vicki Wilson to board - American Shared Hospital Services announced changes to its Board of Directors. The changes will result in five total Board members, one less than currently. The Board has elected two new directors, Kathleen Miles and Vicki Wilson, effective December 28, 2021. Sandra Lawrence resigned from the Board, effective December 24, 2021. Ernest Bates, M.D. and David Larson, M.D. resigned from the Board, effective December 28, 2021. Dr. Bates and Dr. Larson will both become consultants to the Company. Kathleen Miles currently serves as Chief Counsel, Public Finance, of The PNC Financial Services Group. Vicki Wilson currently serves as Deputy Director, Finance and Administration and Chief Fiscal Officer of the State of Illinois Department of Public Health.
CTLP

Hot Stocks

08:20 EST Cantaloupe enhances Seed with AI and ML integrations with HIVERY partnership - Cantaloupe announced its partnership with HIVERY, a data-science company that specializes in AI technology to streamline category management for retailers in the consumer packaged goods industry. Enhance, a user-friendly AI and ML technology-based solution will be available to Cantaloupe Seed customers through its integration with the Seed platform, specifically Seed Pro and Seed Office making it an even more intelligent tool for customers. "Cantaloupe strives to provide our retailers the right tools to determine the ideal product mix for their consumers; so, it's critical to have the most accurate data insights to increase sales," said Sean Feeney, chief executive officer, Cantaloupe, Inc. "Our partnership with HIVERY provides our customers with enhanced intelligent solutions driven by Artificial Intelligence and Machine learning to react to the way consumers shop and drive increased sales." "HIVERY Enhance delivers powerful new product recommendations and targeted space-to-sales optimization using proprietary artificial intelligence algorithms to boost top-line revenue and improve operations efficiency," states Jason Hosking, CEO of HIVERY. "Cantaloupe's mission is about delivering the best operational and payments platform for unattended retail. Data is so critical to this mission. At HIVERY, our philosophy has always been that 'Data has a better idea and we intend to unlock its genius to help Cantaloupe and its 20,000 plus customers grow and deliver that mission."
CECE

Hot Stocks

08:12 EST CECO delivered aluminum chip, recycling solution to aluminum manufacturer - CECO Environmental announced that its CECO Busch brand recently delivered an integrated, multi-product line, aluminum chip collection and recycling solution to a leading provider of aluminum plates, sheeting and extrusions in North America for its new milling system. This system is currently under construction and will be fully operational in early 2022. The integrated solution is designed to collect tons of aluminum scrap that is a standard byproduct of aluminum mill producers. "CECO is pleased to provide aluminum manufacturers with advanced solutions to help our customers recover high volumes of aluminum scrap for recycling," said Todd Gleason, CEO, CECO Environmental. "Our solutions deliver an efficient way to recycle excess aluminum that is discarded during the manufacturing process thereby significantly reducing waste, which reduces a manufacturer's impact on the environment and assists with meeting sustainability initiatives. Aluminum manufacturing continues to be critically important to a range of industries including food and beverage packaging, automotive, aerospace and construction."
VGR DOUG

Hot Stocks

08:12 EST Douglas Elliman completes spin-off from Vector Group, begins trading on NYSE - Douglas Elliman (DOUG) has completed its spin-off from Vector Group (VGR). Douglas Elliman will begin trading on the NYSE on December 30 under the symbol "DOUG" and has been added to the S&P SmallCap 600, effective prior to the open of trading. Douglas Elliman Realty is a residential brokerage company in the New York metropolitan area. Douglas Elliman's financial profile includes a balance sheet with $200M of net cash.
OBNNF

Hot Stocks

08:11 EST Osisko Mining announces TSX approval to renew normal course issuer bid - Osisko Mining announces that the Toronto Stock Exchange has approved the Corporation's notice of intention to make a normal course issuer bid. Under the terms of the NCIB Program, Osisko may acquire up to 28,678,891 of its common shares from time to time in accordance with the normal course issuer bid procedures of the TSX. The normal course issuer bid will be conducted through the facilities of the TSX or alternative trading systems, if eligible, and will conform to their regulations. Purchases under the normal course issuer bid will be made by means of open market transactions or such other means as a securities regulatory authority may permit, including pre-arranged crosses, exempt offers and private agreements under an issuer bid exemption order issued by a securities regulatory authority. Repurchases under the NCIB Program may commence on January 2, 2022 and will terminate on January 1, 2023 or on such earlier date as the NCIB Program is complete. Daily purchases will be limited to 138,745 Common Shares, other than block purchase exemptions, representing 25% of the average daily trading volume of the Common Shares on the TSX for the six-month period ending November 30, 2021, being 554,981 Common Shares. The price that the Corporation may pay for any Common Shares purchased in the open market under the NCIB Program will be the prevailing market price at the time of purchase and any Common Shares purchased by the Corporation will be cancelled. In the event that the Corporation purchases Common Shares by pre-arranged crosses, exempt offers, block purchases or private agreements, the purchase price of the Common Shares may be, and will be in the case of purchases by private agreements, as may be permitted by the securities regulatory authority, at a discount to the market price of the Common Shares at the time of acquisition. The board of directors of Osisko believes that the underlying value of the Corporation may not be reflected in the market price of the Common Shares from time to time and that, accordingly, the purchase of Common Shares will increase the proportionate interest in the Corporation of, and be advantageous to, all remaining shareholders of the Corporation. As of December 20, 2021, there were 346,279,008 Common Shares issued and outstanding. The 28,678,891 Common Shares that may be repurchased under the NCIB Program represent approximately 10% of the public float of the Corporation as of December 20, 2021, being 286,788,917 Common Shares. During the prior NCIB Program of the Corporation, which will end on January 1, 2022, the Corporation obtained approval to purchase 28,304,260 Common Shares, and actually purchased 12,892,600 Common Shares at a weighted average price of approximately $3.2076 per Common Share through the facilities of the TSX.
VGR DOUG

Hot Stocks

08:11 EST Vector Group completes spin-off of Douglas Elliman - Vector Group (VGR) has completed the spin-off of Douglas Elliman into a standalone, publicly traded company. Douglas Elliman's common stock will begin "regular way" trading on the New York Stock Exchange under the symbol (DOUG) and Vector Group will continue to trade on the NYSE under the symbol. Vector Group will continue to operate its tobacco business, which includes the manufacturing and sale of cigarettes in the U.S. through its subsidiaries Liggett Group and Vector Tobacco and will continue to own interests in numerous properties and real estate projects across the U.S. through New Valley.
VGR DOUG

Hot Stocks

08:10 EST Vector Group announces completion of Douglas Elliman spin-off - Vector Group has completed the spin-off of Douglas Elliman into a standalone, publicly traded company. Douglas Elliman's common stock will begin "regular way" trading on the New York Stock Exchange on December 30, under the symbol "DOUG" and Vector Group will continue to trade on the NYSE under the symbol "VGR". Vector Group will continue to operate its tobacco business, which includes the manufacturing and sale of cigarettes in the U.S. through its subsidiaries Liggett Group LLC and Vector Tobacco Inc., and will continue to own interests in numerous properties and real estate projects across the U.S. through New Valley . "Vector Group is well positioned to continue driving revenue growth and margin improvement by strengthening our tobacco brand portfolio and continuing to improve operating efficiency," said Howard M. Lorber, Chairman and Chief Executive Officer of Vector Group. "This spin-off enables Vector Group to continue capitalizing on the attractive value proposition in the deep discount segment of the tobacco market and enhances our strategic flexibility as a standalone company."
RDFN

Hot Stocks

08:09 EST Redfin reports home prices rise to 'new all-time high' in December - In a press release, Redfin stated, "the median home sale price rose 14.6% year over year to a new all-time high of $361,171 during the four-week period ending December 26... This comes as the number of homes for sale fell to a record low. New listings and pending sales both dropped to their lowest levels since January, and touring activity was down compared with the same period in 2019 and 2020." Redfin included the following statistics in their report: The median asking price of newly listed homes increased 12.9% year over year to $345,348, up 28.7% from 2019. Pending home sales were up 4.2% year over year and up 55.2% compared to the same period in 2019. New listings of homes for sale were down 6.4% from a year earlier but up 15.6% from 2019. Active listings fell 26.1% year over year to an all-time low and were down 44.8% from 2019. Homes that sold were on the market for a median of 26 days, down from 33 days a year earlier and 50 days in 2019. 42.1% of homes sold above list price, up from 33.6% a year earlier and 19.9% in 2019.
BYSI

Hot Stocks

08:09 EST BeyondSpring expects cash to support ongoing programs over the next year - As of September 30, 2021, the Company had cash, cash equivalents, and short-term investments of $91.6M. The Company believes it has sufficient cash to support its ongoing clinical programs over the next year, including its immuno-oncology pipeline.
BYSI

Hot Stocks

08:09 EST BeyondSpring announces upcoming clinical milestones - 1H 2022: expected regulatory update for CIN indication in China; continuing discussions with FDA on regulatory pathway for CIN in the U.S. 2H 2022: NDA Submission for plinabulin in NSCLC. 2H 2022: Phase 2 data from the Big Ten Cancer Research Consortium, IIT study expected in plinabulin + nivolumab + ipilimumab in platinum and checkpoint inhibitor-resistant SCLC. 2H 2022: Preliminary Phase 1 data and plinabulin immune mechanism data from the MD Anderson Cancer Center, IIT study expected in plinabulin + PD-1/PD-L1 inhibitors + radiation in patients with seven cancer types.
MSTR BTC

Hot Stocks

08:09 EST MicroStrategy bought 1,914 bitcoins for $94.2M in last three weeks - In a regulatory 8-K filing, MicroStrategy states: "On December 30, 2021, MicroStrategy announced that, during the period between December 9, 2021 and December 29, 2021, the company purchased approximately 1,914 bitcoins for approximately $94.2M in cash, at an average price of approximately $49,229 per bitcoin, inclusive of fees and expenses. As of December 29, 2021, the company held approximately 124,391 bitcoins that were acquired at an aggregate purchase price of $3.75B and an average purchase price of approximately $30,159 per bitcoin, inclusive of fees and expenses."
MDGL

Hot Stocks

08:06 EST Madrigal expects topline results from MAESTRO-NAFLD-1 trial in January 2022 - Madrigal Pharmaceuticals provides an update on MAESTRO-NAFLD-1, its 52-week Phase 3 multi-center, double-blind, randomized, placebo-controlled study of resmetirom in patients with non-alcoholic fatty liver disease, presumed NASH. Paul Friedman, M.D., CEO of Madrigal, stated, "Although the blinded study data were delivered to the vendor conducting the statistical analyses on time, unexpected staffing issues at the vendor delayed their analyses of the initial MRI-PDFF and lipid data planned for release by year end. We now expect to announce topline 52-week results from the study in January 2022."
FTFT

Hot Stocks

08:06 EST Future FinTech announces new blockchain division - Future FinTech announced that the company has established a new blockchain division that will manage its existing blockchain sector business which will include the further formulation and execution of its strategic growth plan. Zhi Yan has been appointed as the president of the new division to direct the Company's blockchain business. At present, the blockchain division's primary mission will be to develop, operate and manage the Company's previously announced bitcoin mining farm plans in the United States and Paraguay, and to coordinate its announced Dubai-based digital currency trading service and crypto asset management business via its FTFT Capital Investments LLC subsidiary. Kai Xu has been appointed as the vice president of the new division.
DCO

Hot Stocks

08:05 EST Ducommun appoints Samara Strycker to board of directors - Ducommun announced that its Board of Directors elected Samara Strycker as an independent director of the company, effective December 29, 2021. Ms. Strycker's appointment expands the number of directors on Ducommun's board to eight, seven of whom are independent. Ms. Strycker will be a member of the company's Audit Committee. Ms. Strycker currently serves as senior vice president, corporate controller and treasurer at Navistar International Corporation, a leading manufacturer of heavy-duty and mid-sized commercial trucks, school buses, diesel engines, and aftermarket parts.
KR

Hot Stocks

08:04 EST Kroger board of directors approves $1B share repurchase authorization - The Kroger Co.'s board of directors today authorized a new $1B share repurchase program, replacing the current authorization, which had approximately $157M remaining as of December 29, 2021. "We are customer obsessed and focused on leading with fresh and accelerating with digital, which is building momentum in our business and will drive Kroger's long-term success," said Rodney McMullen, Kroger's chairman and CEO. "Kroger's share repurchase authorization reflects our Board of Directors' confidence in the strength of our free cash flow and our ability to deliver consistently strong and attractive total shareholder returns."
NVEE

Hot Stocks

08:04 EST NV5 Global to acquire Optimal Energy, terms not disclosed - NV5 Global announced that it is expected to acquire Optimal Energy with a close date before December 31st. Optimal is an energy efficiency firm providing a full range of consulting services to government agencies, utilities, regulatory bodies, and state energy advisory councils. Optimal specializes in advising state energy efficiency advisory councils on program planning, cost-benefit analysis, and strategic guidance. The Company also assists utilities with integrating statewide and local energy efficiency mandates into their business models. The acquisition will be made with a combination of cash and stock and will be immediately accretive to NV5's earnings. With offices in Vermont and Rhode Island, Optimal has worked in nearly 40 U.S. states and seven Canadian provinces. Optimal was founded in 1996 and is a consultant for nine of the top ten states with utility and public purpose efficiency programs.
AAWH MMNFF

Hot Stocks

08:02 EST Ascend receives final NY State approval for investment agreement with Medmen - Ascend Wellness (AAWH) announced it has received final approval from the New York Cannabis Control Board, CCB, and the Office of Cannabis Management of the CCB for its previously announced definitive investment agreement with MedMen NY, the New York subsidiary of MedMen Enterprises (MMNFF). AWH has given notice to MedMen of its intent to close the transactions contemplated by the Investment Agreement imminently.
GPL

Hot Stocks

08:01 EST Great Panther Mining to file response to infraction notices - Great Panther Mining announces that it intends to file a defense to three Notices of Infraction that were delivered by the Amapa State Environmental Agency to its Brazilian subsidiary, Mina Tucano, on December 21, 2021. The Notices were issued in connection with the Agency's investigation of a fish mortality event at Areia and Silvestre Creeks, and its assertion that the incident was caused by a leak in a reclaimed water pipe at the Mina Tucano mine site. Mina Tucano is actively investigating whether there could be any connection between the fish mortality event and the Tucano mine site. Based on its initial investigation, including independent reports on fish toxicology and water quality received by Mina Tucano on December 28, 2021, the Company has prepared a formal defense against the position taken by the Agency.
DPRO

Hot Stocks

07:50 EST Draganfly selected to implement health, safety program during CES 2022 - Draganfly is pleased to announce that the Company's Varigard pathogen and surface sanitizer spray will be implemented ahead of the Drone Racing League's Vegas Championship Race Presented by T-Mobile outside T-Mobile Arena and the EDGE22 plenary sessions at the Park Theater in the Park MGM in Las Vegas, Nevada. Both events are taking place during the Consumer Electronics Show, which is running from January 5-8, 2022. Draganfly's Varigard pathogen and surface spray will be administered in partnership with Global Aerial Management Group.
JAZZ

Hot Stocks

07:48 EST Jazz announces first patient enrolled in Phase 2 trial of JZP150 - Jazz Pharmaceuticals announced that the first patient has been enrolled in a Phase 2 clinical trial evaluating the safety and efficacy of JZP150, an investigational small molecule for the treatment of adults with post-traumatic stress disorder, PTSD. JZP150 is a highly selective inhibitor of the enzyme fatty acid amide hydrolase, designed to address the underlying cause of PTSD, as well as patients' associated symptoms. JZP150 was granted Fast Track designation by the U.S. Food and Drug Administration for PTSD based on the nature of the disorder. "FDA's Fast Track designation of JZP150 is a notable recognition of both the serious, ongoing, unmet medical needs of PTSD patients and the potential benefits of JZP150's novel mechanism to treat this debilitating disorder," said Rob Iannone, M.D., M.S.C.E., executive vice president, research and development and chief medical officer of Jazz Pharmaceuticals.
EXROF

Hot Stocks

07:34 EST Exro Technologies partners with United Motorcycles - Exro Technologies announced that it has initiated a partnership with Untitled Motorcycles to "demonstrate the advantages of Exro's patented Coil Driver technology in Untitled Motorcycles' award-winning XP Zero electric motorcycle," the company said. In entering this partnership, the two companies will collaborate to integrate Exro's 100 Volt Coil Driver technology into XP Zero electric motorcycles. Exro will provide technology and integration support, while using Untitled Motorcycles' design and development knowledge.
GLGDF

Hot Stocks

07:32 EST EGoGold Resources provides outlook of millstones for 2022 - GoGold Resources provides an outlook of milestones and deliverables for 2022. Brad Langille, President and CEO said, "In 2022, we see the opportunity to continue achieving an exceptional return for our shareholders, propelled by some of these key milestones: Aggressive exploration program targeting substantial district wide growth in resource ounces including 100,000 metres of drilling at Los Ricos North and South; Updated Mineral Resource Estimates at Los Ricos North and Los Ricos South before year end; a Pre-Feasibility Study being completed at Los Ricos South. With the above milestones coupled with the cash flows from the Parral and the Company's strong balance sheet, GoGold is well positioned to generate significant value growth for shareholders in 2022."
RVLGF

Hot Stocks

07:32 EST Revival Gold provides summary on 2021 highlights at Beartrack-Arnett - Revival Gold is pleased to provide a summary of the Company's key 2021 accomplishments advancing the past-producing Beartrack-Arnett Gold Project located in Idaho, USA. Highlights: Drilling in five core holes for 2,400 meters continued to show promise on the main five-kilometer Beartrack-Arnett trend including the high-grade underground Joss target, which returned 4.34 g/t gold over 110.6 meters, one of the best intercepts ever reported on the project. 2021 results further defined high-grade mineralization which extends for more than one kilometer of strike at Joss and remains open on strike and at depth. All eighteen holes that have intersected the target structure at Joss to date have cut broad intervals of lower-grade mineralization ranging from 2 - 4 g/t gold containing narrower, higher-grade intervals with grades ranging from 4 - 11 g/t gold over estimated true widths of 1 - 5 meters. In the Haidee area, initial results from 2021 drilling in 15 core holes for 2,500 meters continued to upgrade and extend this near-surface oxide gold target. Final results are expected in January. A resource update for the Beartrack-Arnett project area is targeted for completion in the first quarter of 2022. Meanwhile, Revival Gold continued de-risking the project by advancing metallurgical test work on 2.7 tonnes of material where bottle roll test results at three crush sizes were consistent with, or more favourable than, recovery assumptions used in the Company's 2020 Preliminary Economic Assessment. Column tests were also initiated to investigate heap leach characteristics to potentially improve recovery and economics. Geotechnical and hydrological work was initiated to provide open pit and leach pad design criteria in support of mineral resource estimation and a planned heap leach Pre-Feasibility Study. Studies have been undertaken to optimize capital, mine life and production planning. The Company also commenced baseline environmental data collection and planning to facilitate a potential return to production. Continued to show the potential benefits of the Beartrack-Arnett gold project to local communities in Lemhi County, Idaho through an independently authored study into economic impacts. Findings included $1.2 billion in cumulative contribution to Idaho State Gross Domestic Product over an eight-year period, the creation of an average 858 full-time direct and indirect jobs and $87 million and $121 million of cumulative contribution to State of Idaho and Federal tax revenues. Achieved an exemplary safety record with zero lost-time incidents among Company employees and contractors. Built on the Company's financial and technical credentials with the appointment of Lisa Ross as VP & CFO and, most recently, John Meyer as VP Engineering & Development. Both individuals bring leadership depth and relevant recent development and operating experience to Revival Gold. Commenced trading on OTCQX market in the USA, giving the Company exposure to a broader pool of investors.
BIIB

Hot Stocks

07:18 EST Biogen down 7% after Samsung BioLogics says not in takeover talks - Samsung BioLogics said in a Korean regulatory filing that a report yesterday in South Korean newspaper Korea Economic Daily claiming that Samsung Group is in talks to acquire U.S. drugmaker Biogen is not true, sending shares of Biogen down roughly 7% to $241.50 in pre-market trading. Yesterday, following the report on the purported talks, Biogen had gained 9.5% to close at $258.31.
CX

Hot Stocks

07:18 EST Cemex to sell Costa Rica and El Salvador operations for $335M - Cemex "announced that it has signed an agreement for the sale of its operations in Costa Rica and El Salvador with Cementos Progreso Holdings, S.L., through its subsidiaries, for a total consideration of approximately $335M. This transaction further advances the goal under CEMEX's strategic plan, Operation Resilience, to optimize its global portfolio. The divested assets consist of 1 fully integrated cement plant, 1 grinding station, 7 ready-mix plants, 1 aggregate quarry and 1 distribution center in Costa Rica, and 1 distribution center in El Salvador."
TPGY

Hot Stocks

07:16 EST TPG Pace Beneficial Finance, EVBox Group to terminate merger - Yesterday evening, TPG Pace Beneficial Finance Corp "announced that TPG Pace, Edison Holdco B.V., New TPG Pace Beneficial Finance Corp., ENGIE New Business S.A.S. and EVBox Group have mutually agreed to terminate their previously announced business combination agreement, effective immediately. TPG Pace intends to continue to pursue the consummation of a business combination with an appropriate target. With the agreement terminated, TPG Pace, Engie Seller and EVBox Group may continue to discuss a potential business combination transaction involving TPG Pace and EVBox Group."
RWBYF

Hot Stocks

07:14 EST Red White & Bloom Brands settles C$5.1M debt, refinances C$12.8M note - Red White & Bloom Brands has issued 6,784,812 shares to settle a C$5.1M debt. The weighted average conversion price is approximately C$0.75 per share. By settling the debt at a favorable conversion price, RWB will realize an accounting gain of approximately C$2.3M. Further to its press release of April 28, 2021, RWB has refinanced the C$12.8M principal amount of its "Seven month" vendor take-back note issued to High Street Capital Partners, LLC, in connection with RWB Florida LLC's acquisition of all of the issued and outstanding shares of Acreage Florida. To refinance, RWB entered into an agreement for an aggregate principal amount of approximately C$14.6M secured debenture on November 29, 2021 from an arm's length investor. The Debenture bears interest at the rate of 10% per annum and matures on May 30, 2022 unless accelerated under certain circumstances. Additionally, on December 21, 2021, RWB granted the following: 500,000 stock options to a member of the board of directors at the price of C$0.40. The shares will vest in one year. 135,000 restricted share units to a subcontractor for services at a deemed price of C$1.00. The RSUs vest on issuance. All securities issued are subject to a four month and one day hold period from issuance in accordance with applicable securities laws.
NUS

Hot Stocks

07:12 EST Nu Skin to exit Grow Tech segment - In a regulatory 8-K filing yesterday, the company stated: "On December 22, 2021, Nu Skin determined to exit the company's Grow Tech segment, which has been pursuing the commercialization of controlled-environment agriculture technology for use in the agriculture feed industry. This segment has been operating as part of the Company's Rhyz strategic investment arm, which includes a collection of manufacturing companies and other investments. We believe this decision will help us to focus more resources on key strategic initiatives to achieve our future growth objectives and priorities in our core business. This decision primarily impacts the infrastructure and organization of our indoor-growing business. We expect that the actions to wind down this segment's operations will be substantially completed by March 31, 2022. We estimate that winding down this segment will result in pre-tax charges of approximately $52M-60M. We anticipate that substantially all of the non-cash charges and severance and other compensation charges will be incurred in the fourth quarter of 2021 and the remainder of the charges in the fourth quarter of 2021 or future fiscal periods. These charges were not reflected in our previously announced 2021 fourth-quarter or full-year financial guidance."
PRQR

Hot Stocks

07:05 EST ProQR Therapeutics announces amendment to convertible debt financing agreement - ProQR Therapeutics announced that it has amended its convertible debt financing agreement entered into in 2020 with Kreos Capital and Pontifax Medison Debt Financing. The amended agreement provides ProQR with access to up to an additional $90M in convertible debt financing in three new tranches of $30M each that will mature over a 54 month period and have an interest-only period of 33 months. The three new tranches replace the two undrawn tranches under the original convertible debt financing agreement. Pontifax and Kreos may elect to convert the new tranches into ProQR ordinary shares at any time prior to repayment at a conversion price of $11.94 per share, which is a 50% premium to the Company's average closing share pricing during the 7 trading days prior to signing. ProQR also has the ability to convert the loan into its ordinary shares, at the same conversion price, if the Company's stock reaches a pre-determined threshold. In connection with the amendment and drawdown of the first new tranche, ProQR has agreed to issue at closing of the amendment warrants to purchase up to an aggregate of 83,767 and 293,185 to entities affiliated with Pontifax and Kreos, respectively, of its ordinary shares at an exercise price of $11.94 per share, which is a 50% premium to the average closing price during the 7 trading days prior to signing. In addition, at the time of drawing of each of the new second and third tranches, ProQR shall issue to Pontifax and Kreos additional warrants to purchase an aggregate number of ordinary shares with an aggregate exercise price of $750,000, with each such issuance of additional warrants being exercisable for a number of ordinary shares equal to $750,000 divided by 1.5 times the average closing price of ProQR's ordinary shares during the 7 trading days prior to the drawing of the relevant tranche.
ELTK

Hot Stocks

07:04 EST Eltek CFO Mualem resigns, Freund appointed as successor - Eltek announced that its Board of Directors has named Ron Freund as its Chief Financial Officer, effective January 1, 2022. Freund will succeed Alon Mualem, who resigned to pursue a business opportunity. Prior to joining Eltek, Freund served as the CFO of Ophir Tours from 2015 to 2021.
GTBIF

Hot Stocks

07:03 EST Green Thumb Industries closes acquisition of LeafLine Industries - Green Thumb Industries announced it has closed on an acquisition of LeafLine Industries. As one of only two licensed cultivators in the Minnesota medical cannabis market, LeafLine is licensed to grow, process and dispense cannabis directly to patients. The acquisition of LeafLine includes a cultivation facility and five open and operating retail locations in Eagan, Hibbing, St. Cloud, St. Paul and Willmar. Green Thumb will also maintain the opportunity to open up to three additional retail locations in the state. With the acquisition, Green Thumb has cannabis operations to serve over 50% of the United States population, including in: California, Colorado, Connecticut, Florida, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Ohio, Pennsylvania, Rhode Island and Virginia. With a population of nearly six million people, Minnesota began medical cannabis sales in 2015 and currently has only about 29,000 registered active patients according to the Minnesota Department of Health. The state currently has 17 qualifying conditions, including chronic pain, multiple sclerosis, post-traumatic stress disorder and seizures. Products available include vape, tinctures and topicals, with flower and edibles coming later in 2022. Green Thumb's presence in Minnesota will further enhance and support the medical cannabis patient community through its high-quality branded products and experiences.
IMVT

Hot Stocks

07:02 EST Immunovant achieves FDA alignment to proceed with MG study - Immunovant announced that the Company achieved alignment with the FDA Division of Neurology 1 to move forward in myasthenia gravis. Immunovant plans to start its Phase 3 study for batoclimab in MG in the first half of calendar year 2022. The trial will include an induction period during which Immunovant plans to study doses of 680mg and 340mg of batoclimab delivered weekly by subcutaneous injection. The primary efficacy analysis will be based on MG-ADL measured in Acetylcholine Receptor Antibody Positive subjects through 12 weeks of blinded, placebo-controlled therapy. Follow-on treatment with alternative dosing regimens will be explored in subsequent study periods. The safety and monitoring plan and size of the safety database are expected to be in accordance with FDA guidance and generally consistent with those being used in other similar programs.
HELE

Hot Stocks

06:47 EST Helen of Troy completes acquisition of Osprey Packs - Helen of Troy Limited announced the completion of its previously announced acquisition of Osprey Packs, Inc, for $414.7M in cash, which includes the impact of a $5.3M favorable customary closing net working capital adjustment. Founded in 1974, Osprey is a longtime U.S. leader in technical and everyday packs. Its outstanding product lineup includes a wide range of backpacks and daypacks for hiking, mountaineering, skiing, climbing, mountain biking, trail running, commuting, and school, as well as a rugged adventure travel packs, wheeled luggage, and travel accessories.
JNJ

Hot Stocks

06:35 EST Johnson & Johnson COVID-19 vaccine demonstrates effectiveness against omicron - Johnson & Johnson announced new preliminary results from the South African Phase 3b Sisonke study which showed that a homologous booster shot of the Johnson & Johnson COVID-19 vaccine demonstrated 85% effectiveness against COVID-19-related hospitalization. The study, conducted by the South African Medical Research Council (SAMRC), showed that the Johnson & Johnson booster reduced the risk of hospitalization from COVID-19 among healthcare workers in South Africa after Omicron became the dominant variant. During the months studied the frequency of omicron increased from 82% to 98% of COVID-19 cases in South Africa as reported by GISAID, an initiative that provides COVID-19 data. A second, separate analysis of the immune response to different vaccine regimens, conducted by Beth Israel Deaconess Medical Center, demonstrated that a heterologous booster of the Johnson & Johnson COVID-19 vaccine in individuals who initially received the BNT162b2 mRNA vaccine generated a 41-fold increase in neutralizing antibody responses and a five-fold increase in CD8+ T-cells to Omicron by four weeks following the boost. A homologous boost with BNT162b2 generated a 17-fold increase in neutralizing antibodies and a 1.4-fold increase in CD8+ T-cells by four weeks following the boost. Both neutralizing antibodies and CD8+ T-cells were higher four weeks after the boost with the Johnson & Johnson vaccine than with the BNT162b2 vaccine. The data have been submitted to the pre-print server medRxiv by the studies' authors, with anticipation of publication in peer-reviewed journals.
MSSTF

Hot Stocks

06:10 EST Mindset Pharma provides recap 2021 milestones, highlights - Mindset Pharma provided a recap of its 2021 milestones and highlights. "In 2021, we made significant progress in building our portfolio of next-generation psychedelic compounds showing improved preclinical safety and efficacy of 5-MeO-DMT and psilocybin-based therapies," said James Lanthier, CEO of Mindset. "As we enter 2022, we are excited to advance these novel therapies towards the clinic as we progress IND-enabling studies for our lead candidate, MSP-1014, and select additional candidates from our other families of compounds. 2021 was, however, just the beginning for Mindset; we are building the industry's leading drug discovery platform and intend to continue to break new ground in psychedelic drug discovery in order to bring patented, safe and effective therapies to those suffering from a range of mental illnesses and neurological disorders." Operational Highlights: Expanded Patent Portfolio: Filed four provisional patent applications bringing the total to eight provisional applications filed to-date. Mindset also has filed four final PCT applications, which cover a broad range of novel, next generation drugs inspired by psilocybin, DMT, & 5-MeO-DMT and a novel psilocybin synthesis and manufacturing method. Advanced First Lead Drug Candidate Toward Clinical Trials: Selected its first lead clinical candidate, MSP-1014, a differentiated psilocybin-based analog, to move forward into investigational new drug-enabling studies. Growing Library of Novel Compounds: Synthesized over 100 novel compounds in more than 500 in vitro and in vivo studies. Developed First-in-Class Benchmarking: Under the Cooperative Psychedelics Evaluation Platform program, Mindset and its partner, InterVivo Solutions, continued to develop first-in-class benchmarking data across first-generation psychedelic drugs. Effect Size & Safety Differentiation Driven by Technology Platform: Preclinical data generated across the four families of novel chemical entities resulted in the identification of a platform technology that enhances effect size and improves safety profiles of psychedelic drugs. A provisional patent application was filed in May of 2021. Enhanced Leadership and Advisory Teams: Appointed Dr. Malik Slassi as Senior Vice President of Innovation, Mr. Ian Dean as Director of Preclinical Development, and Drs. Michael Rogawski, Guy Higgins, Joseph Gabriele and Ishrat Husain to its Scientific Advisory Board.
GILT

Hot Stocks

06:08 EST Gilat Satellite appoints Gil Benyamini as CFO - Gilat Satellite Networks announced that the board of directors approved the appointment of Gil Benyamini as Gilat's CFO effective February 1st, 2022. Bosmat Halpern will assist the Company in the transition as she steps down from her role as Gilat's CFO. Gil Benyamini joins Gilat with a wealth of experience most recently from Panaxia Pharmaceutical Industries, where he served for the past four years as CFO.
PARXF

Hot Stocks

06:07 EST Parex Resources announces approval of NCIB, automatic share purchase plan - Parex Resources announced that the Toronto Stock Exchange has approved the Company commencing a normal course issuer bid. Pursuant to the Bid, Parex will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 11,820,533 common shares of the Company. The Bid will commence on January 4, 2022 and will terminate on January 3, 2023 or such earlier time as the Bid is completed or terminated at the option of Parex. The maximum number of common shares to be purchased pursuant to the Bid represents 10% of the public float, as of December 22, 2021. Purchases pursuant to the Bid will be made on the open market through the facilities of the TSX and/or alternative trading systems. The number of common shares that can be purchased pursuant to the Bid is subject to a daily maximum of 119,661 common shares. The price that Parex will pay for any common shares under the Bid will be the prevailing market price on the TSX at the time of such purchase. Common shares acquired under the Bid will be cancelled. Parex believes that the common shares have been trading in a price range which does not adequately reflect their value in relation to the Company's current operations and its growth prospects, and that, at such times, the purchase of common shares for cancellation will increase the proportionate interest of, and be advantageous to, all remaining shareholders. As of the close of business on December 22, 2021, the Company had 120,555,447 common shares issued and outstanding and a public float of 118,205,330. Under a previous notice of intention to conduct a normal course issuer bid, the Company sought and received approval of the TSX to purchase 12,868,562 Common Shares for the period from December 23, 2020 to December 22, 2021. From December 23, 2020 to December 22, 2021, the Company has purchased 12,868,562 Common Shares on the open market at a weighted average price of $21.25 per Common Share. Further, the Company has entered into an automatic share purchase plan with Peters & Co. Limited in order to facilitate repurchases of its common shares. Under the Company's automatic share purchase plan, Peters & Co. Limited may repurchase shares under the normal course issuer bid during the Company's self-imposed blackout periods. Purchases will be made by Peters & Co. Limited based upon the parameters prescribed by the TSX and applicable securities laws and the terms of the plan and the parties' written agreement. The automatic share purchase plan has been approved by the Toronto Stock Exchange and will be implemented effective January 4, 2022.
CANB

Hot Stocks

06:05 EST Can B Corp.'s Pure Health Products awarded NSF's GMP cerification - Can B Corp. is pleased to announce that its Pure Health Products subsidiary has earned NSF International's NSF/ANSI 455-2 dietary supplement GMP certification for its manufacturing facility in Lacey, Washington.
INGN

Hot Stocks

06:04 EST Inogen appoints Elizabeth Mora as board chairperson - Inogen announced that Elizabeth Mora was elected as Board Chairperson. Ms. Mora has served as a member of Inogen's Board of Directors since May 24, 2021, and is also a member of the Audit and Compliance Committees. She assumes the role from Heath Lukatch, Ph.D., who has served as Chairperson of the Board since 2008. Dr. Lukatch will remain on the Board as a director and member of the Compensation Committee. In addition, Ray Huggenberger, who has served on the Board since 2008, is retiring from the Board, and transitioning to an advisory role. Ms. Mora will replace Mr. Huggenberger as Chair of the Compliance Committee. Following Mr. Huggenberger's retirement, the Board has been reduced to seven members. In connection with these Board changes, Inogen director Kristen Miranda, has reclassified and become a Class III director, joining with Dr. Lukatch. Class I directors are comprised of Heather Rider and Ms. Mora and Class II directors are comprised of Loren McFarland, Benjamin Anderson-Ray and Nabil Shabshab.
KW

Hot Stocks

06:02 EST Kennedy Wilson acquires 528-apartment community in Las Vegas for $155M - Kennedy Wilson has acquired a wholly-owned, 528-unit garden style apartment community in Henderson, Nevada for $155M, excluding closing costs. The acquisition caps off a year of significant growth within Kennedy Wilson's multifamily platform, which has expanded from 29,840 units at the beginning of 2021 to over 35,000 units across a global portfolio, including 4,500 units under development, the majority of which will be finished by the end of 2023. Kennedy Wilson invested $56M of total equity in the acquisition of 3001 Park and secured a $102M loan. The community is 95% occupied and is expected to initially add approximately $8M of annual revenue and $6M of annual net operating income to Kennedy Wilson, which is projected to grow to $12M of annual revenue and $9M of annual net operating income to Kennedy Wilson following the completion of value-add initiatives over four years, including unit and amenity upgrades to enhance the renter experience.
DNAY PFE

Hot Stocks

05:57 EST Codex DNA, Pfizer enter license agreement with $8M upfront payment - Codex DNA disclosed yesterday morning that it entered into a research collaboration and license agreement with Pfizer (PFE), pursuant to which the company and Pfizer agreed to collaborate to develop improvements to the company's existing proprietary BioXP platform including associated instruments, kits/reagents, workflows and other methods. Under the Agreement, during a limited term, Codex DNA and Pfizer will conduct the R&D Program "with the goals of developing the Improved Platform and generating specified Pfizer Outputs." The company granted Pfizer a non-exclusive, worldwide license to use the Improved Platform for purposes of researching, developing, manufacturing and commercializing pharmaceutical and biopharmaceutical products and a limited-time option to convert such license to exclusive for specific applications. Under the agreement, Pfizer will make an upfront payment to Codex DNA of $8M and if the company meets certain technical milestones, it will be eligible to receive an additional $10M in near-term milestone payments. In addition, Pfizer has agreed to make milestone payments to the company upon the products meeting certain clinical milestones, with each product being eligible for milestone payments up to $35M if it were to meet the applicable clinical milestones and the first exclusive product in each exclusive field being eligible for milestone payments up to $55M if it were to meet the applicable clinical milestones. Pfizer has also agreed to pay the company up to $60M in sales milestones for products f aggregate net sales of such products meet certain thresholds and up to $180M in sales milestones for exclusive products if aggregate net sales meet certain thresholds. Provided the agreement remains in place, Pfizer will also pay escalating royalties from low to mid-fraction of one percent of net sales of products.
BFRI BFRA

Hot Stocks

05:15 EST Biofrontera Inc. says Biofrontera AG ownership fell below 50% - Biofrontera Inc. (BFRI) disclosed that on December 28, as a result of the most recent exercises of warrants issued in the company's initial public offering which closed on November 2, 2021m and pre-funded warrants issued to a single institutional investor in a private placement, the ownership of the company's shares by Biofrontera AG (BFRA) fell below 50% and the company ceased to qualify as a "controlled company" within the meaning of Nasdaq corporate governance requirements. Accordingly, the company will comply with the phase-in schedule for Nasdaq's corporate governance requirements. As of December 28, 2021, the total number of the company's outstanding shares is 17,104,749 and Biofrontera AG holds approximately 47% of the outstanding shares.
HUGE

Hot Stocks

05:09 EST FSD Pharma announces share repurchase program - FSD Pharma announced that its board has authorized the repurchase by the company of up to 2M of its Subordinate Class B Voting Shares from time to time over the next 12 months at prevailing market prices in order to allow the company to use its excess cash reserves. The company will purchase up to 2M subordinate voting shares, being approximately 5% of the company's issued and outstanding Subordinate Voting Shares as of the date hereof. The share repurchase program will commence on January 4, 2022 and terminate on December 30, 2022, unless terminated earlier by the company. The share repurchase program does not obligate the company to purchase any subordinate voting shares. If management decides it has a better use for its cash reserves, it is under no obligation to continue to purchase Subordinate Voting Shares and share purchases may be suspended or terminated at any time at the company's discretion.