Stockwinners Market Radar for January 04, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

ADBE

Hot Stocks

19:27 EST Correction: Adobe did not announce wireless video doorbell - Abode, not Adobe, announced a wireless video doorbell. The previous story attributing the announcement to Adobe has been removed.
PAC

Hot Stocks

19:03 EST GAP Airports reports December 2021 passenger traffic up 0.2% vs December 2019 - Grupo Aeroportuario del Pacifico, S.A.B. de C.V., announced preliminary terminal passenger traffic figures for the month of December 2021, which includes comparisons with the 2019 and 2020 figures to facilitate the reading and understanding of the passenger traffic trend. For December 2021, the total number of terminal passengers at GAP's 12 Mexican airports increased by 4.1%, compared to the same period of 2019. Tijuana, Los Cabos and Puerto Vallarta airports presented an increase in passenger traffic of 18.9%, 11.2% and 3.2%, respectively, while the Guadalajara airport presented a decrease of 4.7%.
SMRT

Hot Stocks

19:02 EST SmartRent names Brian Roberts chief legal officer - SmartRent announced the appointment of Brian Roberts as Chief Legal Officer. Roberts, a seasoned public company executive with over 20 years of corporate legal experience, will oversee all legal, corporate governance and compliance matters for the company. Lucas Haldeman, Chairman and Chief Executive Officer, stated, "Brian is a proven leader with extensive experience advising companies through complex strategic matters, business combinations, and legal compliance. His counsel and guidance should serve SmartRent well as we advance our growth plan and establish best-in-class compliance and governance practices. We are excited to welcome Brian to the team and look forward to his contributions in our efforts to create value for our shareholders, and our customers."
ENDP

Hot Stocks

18:28 EST Endo's Par Pharma begins shipping first generic version of Merz's Cuvposa - Endo announced that one of its operating companies, Par Pharmaceutical, has begun shipping the first generic version of Merz's Cuvposa 1 mg/5 mL oral solution in the U.S., following final approval from the U.S. FDA for its Abbreviated New Drug Application. According to IQVIA, Cuvposa sales were approximately $27M for the 12 months ended October 31, 2021.
BYND YUM

Hot Stocks

17:55 EST Beyond Meat jumps 8% to $66.40 after chicken substitute deal with KFC
MASS

Hot Stocks

17:01 EST 908 Devices, U.S. Forest Service collaborate on MX908 research effort - 908 Devices and the United States Forest Service, an agency of the United States Department of Agriculture, are collaborating on a research effort to extend the capabilities of the MX908 handheld device for rapid detection of toxic pesticides used in illegal marijuana grows on federal lands. Drug traffickers plant marijuana in remote areas on U.S. federal lands, mainly in the Pacific Southwest, and use toxic and illegal pesticides to accelerate crop growth. USFS personnel currently have no safe and reliable method to conduct pesticide testing at the site of these illegal marijuana grows. They often must take samples from marijuana plants, soil and crop sprayers to a lab to confirm pesticide use, delaying safe site remediation for weeks and even months. The collaboration between USFS and 908 Devices is intended to expand the capability of the MX908 into this important category of toxic materials. The MX908 is a handheld, battery-powered mass spectrometry device. Law enforcement, first responders and military personnel around the world use the MX908 to safely detect chemicals, explosives and priority drugs in seconds. Mass spectrometry, used in many labs, is the gold standard in analytical technology for trace identification of compounds. "We're pleased to partner with the U.S. Forest Service on this important initiative," said Dr. Christopher D. Brown, CTO and co-founder, 908 Devices. "Our team is dedicated to providing users with simple devices that provide accurate answers in seconds, enabling them to take safe and appropriate action."
MYRG

Hot Stocks

16:45 EST MYR Group subsidiary acquires shares of Powerline and its affiliate - MYR Group, announced that its Canadian subsidiary, MYR Group Construction Canada, has acquired all issued and outstanding shares of capital stock of Powerline Plus and its affiliate. The Powerline Plus Companies together comprise a leading full-service electrical distribution construction company, founded in 1990 and headquartered in Toronto, Ontario. Over the last two years, the combined average annual revenues of the Powerline Plus Companies were approximately $80M. The Powerline Plus Companies will become MYR Group subsidiaries and will primarily operate as Powerline Plus.
WEJO MSFT

Hot Stocks

16:45 EST Wejo spikes over 50% after announcing Microsoft autonomous vehicle pact - Shares are currently up approximately 45% or almost $4.00 per share to $9.10 per share in after hours trading. after saying: " Wejo developing Neural Edge platform to 'streamline' connected vehicle data "Wejo Group (WEJO) Limited announced it is developing a breakthrough Wejo Neural Edge platform that will enable intelligent handling of data from vehicles at scale, while providing incredible insights that protect privacy and empower automotive innovation. In partnership with Microsoft (MSFT), Wejo will make the announcement virtually from the Microsoft Partners Pavilion at the Consumer Electronics Show in Las Vegas. "
VLY

Hot Stocks

16:45 EST Valley National receives regulatory approval for Bank Leumi acquisition - Valley National Bancorp announced it has received regulatory approval from the Federal Reserve Bank of New York and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Bank Leumi Le-Israel Corporation, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA. The acquisition remains subject to certain additional regulatory approvals, including by the New York State Department of Financial Services and the Bank of Israel, and other closing conditions, including approval by the shareholders of Valley.
MYRG

Hot Stocks

16:44 EST MYR Group subsidiary acquires shars of Powerline and its affiliate - MYR Group, announced that its Canadian subsidiary, MYR Group Construction Canada, has acquired all issued and outstanding shares of capital stock of Powerline Plus and its affiliate. The Powerline Plus Companies together comprise a leading full-service electrical distribution construction company, founded in 1990 and headquartered in Toronto, Ontario. Over the last two years, the combined average annual revenues of the Powerline Plus Companies were approximately $80M. The Powerline Plus Companies will become MYR Group subsidiaries and will primarily operate as Powerline Plus.
MLKN

Hot Stocks

16:38 EST MillerKnoll drops 7% to $36.50 after Q2 results miss estimates - The company's Q3 EPS guidance also missed estimates.
WEJO MSFT

Hot Stocks

16:37 EST Wejo developing Neural Edge platform to 'streamline' connected vehicle data - "Wejo Group (WEJO) Limited announced it is developing a breakthrough Wejo Neural Edge platform that will enable intelligent handling of data from vehicles at scale, while providing incredible insights that protect privacy and empower automotive innovation. In partnership with Microsoft (MSFT), Wejo will make the announcement virtually from the Microsoft Partners Pavilion at the Consumer Electronics Show in Las Vegas. With so much rich data coming from vehicles today, latency and data storage costs are potential obstacles in harnessing and scaling the power of real-time vehicle communications - both with other vehicles and the infrastructure that is set to power Smart Cities. Leveraging our strategic partnership with Microsoft Azure and powered by Wejo's ADEPT platform, Wejo Neural EdgeTM optimizes how this data is managed within the vehicle, further processes it at the Edge and ultimately communicates to the cloud. This process will not only reduce data overload and maximize data insights but will reduce costs for automotive manufacturers and improve manufacturing of the vehicle to provide a better driving experience - supporting safer vehicles, enabling further advancements in EV and autonomous mobility, and reducing congestion and emissions," said the company in a statement.
MLKN

Hot Stocks

16:33 EST MillerKnoll 'confident' in synergies target of $100M within two years post close - Management said, "During the second quarter of fiscal year 2022 we reached exciting and symbolic milestones. It was our first full quarter as MillerKnoll, our company name officially changed, and we began trading with our new stock ticker symbol, NASDAQ: MLKN. We are making excellent progress on our integration journey and remain confident that we will deliver our cost synergies target of $100 million within two years of closing. Furthermore, as our teams completed integration planning, they identified additional synergy opportunities and we now expect to increase run rate savings to $120 million by the end of year three. In bringing together the best of Herman Miller and Knoll, we've created a stronger and more resilient organization, built for long-term success. Second quarter demand shows the power of MillerKnoll and we are confident in our ability to drive continued growth and shareholder value."
CPB

Hot Stocks

16:33 EST Campbell Soup supply chain chief Bob Furbee to retire, Daniel Poland to succeed - Campbell Soup announced the appointment of Daniel Poland as executive VP and chief supply chain officer, effective January 10, 2022. Poland succeeds Bob Furbee who informed the company of his intent to retire after 38 years of service. Furbee will remain with Campbell until April 2022 and work with Poland to ensure a transition. Poland joins Campbell from Kind Snacks where he was COO since 2019
TVTX

Hot Stocks

16:32 EST Travere Therapeutics names Jula Inrig chief medical officer - Travere Therapeutics announced the appointment of Jula Inrig, M.D., as chief medical officer, effective immediately. Dr. Inrig brings to Travere more than 15 years of expertise in medical oversight, drug development, clinical trial planning and execution and global regulatory engagement. Dr. Inrig joins the Company as it prepares for accelerated approval submissions of sparsentan for IgA nephropathy and focal segmental glomerulosclerosis in 2022, as well as the continued advancement of its pegtibatinase program in classical homocystinuria. "We are excited to welcome Jula to the Travere Therapeutics team," said Eric Dube, Ph.D., chief executive officer of Travere Therapeutics. "Jula has a clear passion for championing positive advancements for patients. Her demonstrated expertise in clinical development and history of successfully collaborating with regulators, healthcare providers and patient communities to develop new treatment options further strengthens our leadership team as we continue to advance our pipeline and enter a pivotal phase for Travere."
ADBE AMZN

Hot Stocks

16:32 EST Adobe unveils battery-powered Adobe Wireless Video Doorbell - Adobe (ADBE) said earlier in a blog post : "Get a real-time view of your front porch any time of day or night, no matter where you are. Install in less than a minute and enjoy months of battery before recharging. An All-In-One Doorbell and Camera Solution We've designed our doorbell with a push-button chime, high quality video and 2-way voice capabilities. Battery operated, installs in minutes and chimes at the touch of a button. No hardwiring needed, Wi-Fi enabled, and the rechargeable batteries run for 6 months. Use it in places a wired doorbell can't be used, like at an apartment or at the front gate of your property. ..Automate and Integrate with Your Favorite Smart Device. Customize your wireless video doorbell to do what you want it to do! Automatically record video when your doorbell detects motion." The Fly notes that Amazon (AMZN) owns Ring as part of its smart home division. Reference Link
VAL

Hot Stocks

16:30 EST Valaris announces multiple new contracts in Mexico, Australia, U.K. - Valaris Limited announced that it has been awarded the following new contracts: One-well contract with Kosmos Energy in the U.S. Gulf of Mexico for semisubmersible VALARIS DPS-5. The contract is expected to commence in February 2022 with an estimated duration of 105 days. One-well contract with Western Gas offshore Australia for semisubmersible VALARIS MS-1. The contract is expected to commence in the first quarter 2022 with an estimated duration of 25 days. Six-well plug and abandonment contract with Centrica Storage in the UK North Sea for VALARIS Norway, a heavy duty ultra-harsh environment jackup. The contract is expected to commence in the third quarter 2022 with an estimated duration of 100 days. One-well contract with an undisclosed operator in the U.S. Gulf of Mexico for VALARIS 144, a standard-duty modern jackup. The contract is expected to commence in the first quarter 2022 with a minimum duration of 68 days.
DRVN

Hot Stocks

16:19 EST Driven Brands acquires Auto Glass Now for $170M - Driven Brands announced the expansion of its auto glass offering into the U.S. with the acquisition of Auto Glass Now. AGN is an industry leader, backed by over 20 years of experience, in auto glass repair, replacement, and calibration with over 75 locations throughout the U.S. The total addressable market for auto glass repair in North America is approximately $5B and growing. This acquisition makes Driven Brands one of the largest auto glass service providers in North America. AGN will be reported in Driven Brands' Paint, Collision, and Glass segment, adding over 75 company-operated locations. FY21 revenue for AGN is expected to be approximately $85M, and the business generates EBITDA margins of approximately 25%. Driven Brands first entered the glass business in Canada in 2019, and serves retail, insurance, and fleet customers. Driven Brands now operates over 300 glass locations in both the United States and Canada. Driven Brands acquired AGN for approximately $170M. As part of the transaction, the company incurred a $56M transaction expense in Q4. The purchase price and transaction expense were funded with cash on hand.
VLY

Hot Stocks

16:16 EST Valley National receives regulatory approval for Bank Leumi acquisition - Valley National Bancorp announced it has received regulatory approval from the Federal Reserve Bank of New York and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Bank Leumi Le-Israel Corporation, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA. The acquisition remains subject to certain additional regulatory approvals, including by the New York State Department of Financial Services and the Bank of Israel, and other closing conditions, including approval by the shareholders of Valley.
SMRT

Hot Stocks

16:16 EST SmartRent acquires iQuue, terms not disclosed - SmartRent announced that it has acquired iQuue, LLC, an open-architecture smart apartment company with over 22,000 installed and committed units throughout the east coast. The acquisition provides SmartRent incremental exposure in the new-build multifamily market and expands SmartRent's presence in the southeast by adding nineteen new customers who own or control approximately 100,000 units. "iQuue has built an impressive smart apartment and community WiFi offering for its clients. We share a similar value proposition that enables operators to leverage smart devices to improve the resident experience while managing properties more efficiently and effectively," said Lucas Haldeman, CEO of SmartRent. "The iQuue team brings expertise in deploying their platform in the new construction market which is an important component of our growth plan. Moreover, the team has also been successful in penetrating property owners and managers with less than 20,000 units under management, helping to diversify our customer base while expanding SmartRent's presence in this property-rich segment of the multifamily market." The acquisition is expected to add approximately $2.0 million in annual recurring revenue, or "ARR", to SmartRent's revenue stream and will immediately diversify and expand SmartRent's customer base by adding over 16,600 completed units and an additional 6,300 Committed Units to its sales pipeline. iQuue's co-founders, Jonathan Rivera and Keith Vincent and their team, will join SmartRent to ensure a smooth integration and to help further SmartRent's growth initiatives.
ANNX

Hot Stocks

16:15 EST Annexon announces interim data from ANX005 trial - Annexon announced interim data from its ongoing, open-label Phase 2 clinical trial of ANX005 in patients with Huntington's disease, or HD, who completed the 24-week treatment period. Annexon is developing ANX005, its lead monoclonal antibody candidate, for the treatment of a range of complement-mediated disorders, including HD. Interim data from the ongoing Phase 2 trial show that treatment with ANX005 has been generally well-tolerated, with full target engagement of C1q in both serum and cerebrospinal fluid, or CSF, observed in evaluable patients through the dosing period. Evaluable patients maintained clinical function, as measured by changes in mean Composite Unified Huntington's Disease Rating Scale, or cUHDRS, relative to baseline after six months of treatment, and improvement in cUHDRS was observed in more than half of all evaluable patients and in 75% of evaluable patients who showed excess complement activity at baseline. NfL levels observed after six months of treatment remained generally consistent and were comparable to NfL levels described in published natural history data for HD patients. ANX005 has been generally well-tolerated in the study. As of the data cutoff date of October 17, the most common adverse events, or AEs, reported were first dose-associated infusion-related reactions, including transient skin rash, consistent with the experience observed in the company's Phase 1b trial of ANX005 in patients with Guillain-Barre Syndrome, or GBS. In the HD trial, five patients discontinued ANX005 treatment, three of whom discontinued due to a drug-related AE. Two patients experienced a drug-related serious adverse event, including one event of systemic lupus erythematosus, whose symptoms resolved post-study drug discontinuation, and one event of idiopathic pneumonitis, which stabilized post-study drug discontinuation. Of note, no cases of serious infection were identified, and no deaths were reported. Interim data show that treatment with ANX005 has led to full target engagement of C1q in both serum and CSF through the dosing period in patients who were evaluable as of the cutoff date of October 17, 2021. Patients evaluable as of the cutoff date of December 14, 2021 experienced improvements in clinical measures, assessed by cUHDRS, a clinical rating scale with four domains measuring the progression of HD consisting of motor, cognitive and functional capacity. Overall, patients maintained clinical function relative to baseline in cUHDRS after six months of treatment. Published natural history data show that HD patients typically experienced a decline of approximately one point over one year, or 0.5 points over six months. Additionally, as of the cutoff date, 56% of patients showed improvement from baseline in cUHDRS and several subdomains of cUHDRS over six months of treatment. Moreover, in a sub-analysis of patients assessed according to baseline complement activity, 75% of patients with excess baseline complement activity demonstrated a statistical improvement in cUHDRS over six months of treatment versus 36% with low baseline complement activity, consistent with the scientific hypothesis of rapid response to anti-C1q therapy via enhanced synapse function. Elevated C4a is an objective measurement of excess complement activity in CSF that has been found to correlate with disease progression and multiple clinical endpoints in HD.2 These findings suggest that patients with excess complement activity may be more likely to respond to anti-C1q therapy in future clinical trials and may inform future trial designs. NfL, a protein component of the neuronal cytoskeleton, has been shown to increase in the CSF with disease severity in HD patients. Interim data assessing NfL from patients evaluable as of the cutoff date of October 17, 2021 who completed 24 weeks of treatment showed that mean plasma and CSF NfL levels remained generally consistent and were comparable to NfL levels described in published natural history data for HD patients. Published data suggest that in slowly progressive neurodegenerative diseases like HD, synapse loss is associated with progressive functional decline, preceding the loss of neurons4 and NfL changes. As such, changes in NfL may require treatment durations longer than six months and Annexon will continue to assess NfL levels in patients over the three-month follow-up period. The Phase 2 trial remains ongoing, and Annexon anticipates reporting full data from all patients enrolled, including data from the three-month follow-up period, in the second quarter of 2022. Pending results from the full dataset, Annexon plans to evaluate the opportunity for a Phase 3 trial of ANX005 in HD patients.
NTNX

Hot Stocks

16:11 EST Nutanix announces elimination of dual-class stock structure - Nutanix announced that all outstanding shares of its Class B common stock automatically converted into Class A common stock on a one-for-one basis, effective at 12:01 a.m. ET on January 3, 2022. The conversion had no effect on the economic rights of holders of shares of Class A common stock or Class B common stock, except for the elimination of the different voting powers of the two classes of stock, and Nutanix does not expect it to have any material effect on its future operations. The conversion occurred automatically pursuant to Nutanix's certificate of incorporation as a result of holders of at least sixty-seven percent of the outstanding shares of Class B common stock acting by written consent in lieu of a meeting to approve such conversion. The former holders of Class B common stock now have Class A common stock with the same voting powers, preferences, rights and qualifications, limitations and restrictions as the Class A common stock. All shares of Nutanix's outstanding capital stock are now entitled to one vote per share. Nutanix filed a certificate with the Delaware Secretary of State on January 4, 2022 effecting the retirement of the Class B shares that were issued but no longer outstanding following the conversion.
FNKO

Hot Stocks

16:10 EST Funko names Charles Denson chairman of the board - Funko announced Charles Denson, a current member of the Board, has been appointed Chairman of the Board effective immediately. Mr. Denson replaces Ken Brotman of ACON Investments, who will continue to serve as a board member. "I feel very privileged to take on this role at such an exciting time for Funko," said Mr. Denson. "The company is at the center of fan culture and innovation in consumer products and the opportunities ahead for Funko are massive." Also, effective immediately, Chief Executive Officer Andrew Perlmutter, who was appointed Chief Executive Officer on January 3rd and succeeds Chief Creative Officer Brian Mariotti, will join the Board, replacing Gino Dellomo of ACON Investments.
BMWYY

Hot Stocks

16:09 EST BMW reports Q4 BMW brand deliveries down 5.8% y/y - MINI brand sales in the U.S. totaled 7,860 vehicles in the fourth quarter of 2021, a decrease of 8.1% vs the 8,549 vehicles sold in the fourth quarter of 2020. For the full year 2021, MINI brand sales increased 6.4% on total sales of 29,930 vehicles compared to the 28,138 vehicles sold in 2020.
DCT

Hot Stocks

16:08 EST Duck Creek partners with new UK insurtech motor insurer , Adiona - Duck Creek Technologies announced that it has partnered with a new UK insurtech motor insurer, Adiona, to offer insurance policies with premiums built on data / telematics, artificial intelligence and machine learning that provide fair and transparent pricing based on the driving habits of each insured customer. Launched in September 2021 with experienced insurance, consumer and technology executives, Adiona is a customer-focused start-up that aims to change how drivers are charged for motor insurance. The company has developed a modern tech-first insurance product that leverages data at scale to deliver a revolutionary customer experience. Adiona chose Duck Creek for the strength of its On Demand SaaS solution and the breadth of the offerings available through its partner ecosystem. Duck Creek's platform gave Adiona the flexibility of allowing this new entrant to the motor insurance market to create a sustainable business and provide coverage tailored to each consumer's unique circumstances, with the most exacting of technologies for policy rating and pricing.
REGI

Hot Stocks

16:07 EST Renewable Energy acquires Amber Resources, terms not disclosed - Renewable Energy Group has acquired Amber Resources, LLC and its affiliated entities, M.O. Dion & Sons and Amber Petroleum Products. Amber Resources is a leading Southern California full-service distributor of diesel, gasoline, lubricants, other transportation fuel components, industrial services and additives. "This deal is a strategic move for REG that enables us to build upon our platform of direct sales, positioning us to capture full value chain margins and drive commercial optimization, while helping our customers achieve their decarbonization goals," said Cynthia Warner, REG President & CEO. "REG provides clean fuels that reduce carbon now, and adding the Amber Resources products and services line to our network expands our low carbon fuel sales opportunities in California." With this deal, REG adds eight locations in Southern California, including distribution centers and three cardlock sites. REG will continue business operations from these locations, providing customers with uninterrupted services and an enhanced clean fuel product offering. Amber Resources is a family of companies that has a deep history in Southern California and is known for its top quality products and customer service.
INBX

Hot Stocks

16:06 EST Inhibrx announces results from Part 3 of the 4-part Phase 1 trial of INBRX-106 - Inhibrx announced initial results from Part 3 of the 4-part Phase 1 trial of INBRX-106, a novel hexavalent OX40 agonist, in combination with Keytruda, in development for the treatment of patients with solid tumors. Additionally, an update on single agent data from Part 1 and Part 2 of the trial was provided. In the all-comer Part 3 of this Phase 1 trial, the dose of INBRX-106 was escalated in combination with Keytruda(R) in 21 patients with locally advanced or metastatic solid tumors. INBRX-106 in combination with Keytruda was observed to be well tolerated, with predominantly mild or moderate immune-related toxicities noted. The maximum administered dose of INBRX-106 was 0.3 mg/kg, at which dose-limiting, immune-related toxicities such as dermatitis were observed. Accordingly, 0.1 mg/kg dosed every three weeks was determined to be the maximum tolerated dose of INBRX-106 in combination with Keytruda.
ONCT

Hot Stocks

16:06 EST Oncternal in pact with FDA for registrational study design for zilovertam in MCL - Oncternal Therapeutics announced that following a successful End-of-Phase 2 meeting with the U.S. Food and Drug Administration for zilovertamab, the company's investigational anti-ROR1 monoclonal antibody, the company and the FDA agreed on key elements of the company's potentially pivotal Phase 3 clinical trial of zilovertamab for the treatment of patients with relapsed or refractory mantle cell lymphoma . The FDA has also reviewed and agreed upon the key design features and operational details of the company's Phase 3 clinical trial protocol and Statistical Analysis Plan, which is being finalized based on the FDA's input. "The completion of End-of-Phase 2 meetings and consensus on clinical trial design and other program elements mark a meaningful and encouraging milestone for Oncternal Therapeutics," said James Breitmeyer, MD, PhD, Oncternal's President and CEO. "The agreement underscores our productive dialogue with the FDA on key elements of our program and the Phase 3 clinical trial design as we align on the potential path to commercialization for zilovertamab, which offers potential advantages to patients suffering from aggressive lymphomas such as MCL. The positive data from our ongoing Phase 1/2 CIRLL study recently presented at ASH 2021 underscore those advantages and are supportive of our registration strategy."...Study ZILO-301 will be conducted internationally in at least 50 centers with demonstrated expertise treating MCL, with initiation expected in the second quarter of 2022. Sample size calculations are being finalized for this novel enrichment study, based on input from the FDA. The company is also planning to conduct Study ZILO-302, an open-label companion study of zilovertamab plus ibrutinib for patients who have progressive disease during the initial four months of ibrutinib monotherapy from Study ZILO-301. Oncternal Therapeutics will host a conference call today at 4:30 p.m. ET to provide further details on this important milestone. The live webcast of the call will be available online at investor.oncternal.com and the call will be archived there for at least 30 days. The company will also provide details on its overall pipeline advancement during an R&D Day on January 25.
PRMW

Hot Stocks

16:02 EST Primo Water subsidiary acquires two water businesses in North America - Primo Water announced that Primo Water North America, a wholly-owned subsidiary of Primo, has acquired two water businesses in North America, both of which are leading independent distributors of Primo's Mountain Valley premium water brand. PWNA has acquired substantially all of the assets of Clear Mountain Refreshment Services, dba Premium Refreshment Service, headquartered in Little Rock, Arkansas. PWNA has acquired substantially all of the assets of the Mountain Valley distributor business of North Texas Mountain Valley Corporation, dba Water Event, which operates five locations in Texas.
MGRC

Hot Stocks

16:01 EST McGrath RentCorp acquires Titan Storage Containers, terms not disclosed - McGrath RentCorp today announced it has acquired the assets of Titan Storage Containers, LLC, a regional provider of portable storage solutions in the Texas market. The transaction was funded with borrowings from McGrath RentCorp's revolving credit facility. The acquisition adds approximately 1,100 assets to its existing Mobile Modular division fleet located in the Texas region. "Our acquisition of Titan Storage Containers is highly complementary to our portable storage rental business." said Joe Hanna, President and CEO of McGrath RentCorp. "Consistent with our ongoing capital deployment strategy, this opportunity provides us with additional high-quality fleet to serve the Texas market. We look forward to continuing to grow our expanded regional market share and to offering our renowned service to a new set of customers. We expect to integrate the assets into our technology systems quickly and seamlessly as we expand our operational capacity in the region."
DE

Hot Stocks

15:51 EST Deere announces reveal of fully autonomous tractor at CES 2022 - During a press conference at CES 2022, John Deere revealed a fully autonomous tractor that it says is "ready for large-scale production." The autonomous tractor, which combines Deere's 8R tractor, TruSet-enabled chisel plow, GPS guidance system, and new advanced technologies, will be available to farmers later this year, the company said in a press release in conjunction with its full press conference. Reference Link
BROS

Hot Stocks

15:28 EST Dutch Bros names Leigh Gower as Chief Technology Officer - Leigh Gower has joined Dutch Bros Coffee as the drive-thru beverage company's first Chief Technology Officer. Gower brings a 20 year background of helping companies transform customer service using technology. Gower assumed the role of Chief Technology Officer on Dec. 1, 2021. Prior to joining Dutch Bros, Gower served as Vice President, Technology at Blue Nile.
CNSWF IBM

Hot Stocks

15:11 EST Constellation Software's Harris acquires i2 product portfolio from IBM - Harris, a global vertical market software provider and part of publicly traded Constellation Software (CNSWF), announced it has acquired the i2 intelligence analysis product portfolio of IBM (IBM), including the i2 Analyst's Notebook, i2 Enterprise Insight Analysis and i2 iBase platforms. "The acquisition positions Harris to further deliver mission-critical applications for national defense, state & local law enforcement, maritime security as well as evidence management. The i2 product portfolio, i2 executives and their global teams will form a new Harris business unit, i2 Group, which will operate independently and autonomously," the company said. Jean Soucy, Harris Group President added: "The acquisition of i2 is important to Harris because not only is it a proven business with an excellent international team of experts, but it also provides Harris with a feature-rich intelligence platform widely deployed by an influential customer base", adding, "We look forward to working with our partners and customers to expand i2's capabilities in this highly innovative space."
AXP

Hot Stocks

14:41 EST American Express says Amex Flex U.S. January start date postponed - American Express shared a memo sent today to all U.S.-based American Express colleagues from Chairman and CEO Stephen Squeri to update the timing of Amex Flex, the company's new ways-of-working model, which states in part: "As promised, I wanted to get back to you early in the new year to provide an update on our plans for launching Amex Flex in the U.S. Since I last wrote to you, we have seen an exponential increase in the spread of the Omicron variant across the world, with cases in the U.S. and elsewhere reaching record levels in recent weeks. As always, your health and wellbeing are our number one priority, so we have decided to delay the January 24 launch of Amex Flex in the U.S. until we feel comfortable bringing a large number of colleagues back together in the office. The Executive Committee and I will continue to monitor the situation closely, in consultation with medical experts, and when we determine that the time is right, we will give you a two-week notice before the official start of Amex Flex in our U.S. offices." Reference Link
HPQ

Hot Stocks

13:36 EST HP Inc. reveals newest gaming lineup at CES 2022 - HP Inc. has revealed its newest gaming lineup with the OMEN 45L Desktop, OMEN 25L Desktop, Victus by HP 15L Desktop, and HP's first next-gen console ready OMEN 27u 4K Gaming Monitor. The company also updated its OMEN 16 and 17 Laptops and introduced a new coverage plan to help protect a player's gaming ecosystem. "The HP Ultimate Gaming Coverage Plan, powered by Servify, keeps players gaming with the protection they need against accidental damage, along with mechanical and electrical breakdown for gaming PCs, accessories, and consoles from major gaming brands. Available now for $19.99 per month, it's the industry's only brand agnostic gaming ecosystem coverage plan and comes with coverage up to $4,000, a per claim limit of $2,000, no deductible or hidden fees, and the freedom to cancel at any time," the company explained.
HPQ

Hot Stocks

13:32 EST HP Inc. unveils new devices, hybrid work solutions at CES 2022 - HP Inc. had unveiled new devices and solutions designed to enhance collaboration and creation experiences so people can work and create wherever they are. "Hybrid changed everything. We now have more freedom to be productive and creative from anywhere," said Alex Cho, president, Personal Systems, HP Inc. "Our hardware, software, and solutions innovations deliver the experiences needed to thrive in a hybrid world, providing the power to blend our most productive environments for work and creativity with our most inspired ideas." Continuing to build on the recent launch of HP Presence, HP added new features for better video conferencing experiences. HP has also made its advanced collaboration technology available across more of its portfolio, including the EliteBook 800 G9 Series PCs, EliteBook 1000 G9 Series PC, ZBook Firefly G9, and Z40c and Z34c G3 Curved Displays, and newest Elite Dragonfly PCs. From 5MP cameras with HP Auto Frame to AI-based noise reduction filters and dynamic voice leveling technology, HP Presence delivers a better way to be seen, be heard, and share ideas for people outside of the meeting room. Additionally, HP has expanded its portfolio of Elite Dragonfly devices, delivering on the customer demand for premium mobile devices when it comes to hybrid work. The company also highlighted the HP E24m, E27m, and E34m Conferencing Monitors "that deliver the most authentic face-to-face meetings in your dedicated workspace" and are Zoom Certified, and showcased the HP M24 and M27 Webcam Monitors. Additional new Windows 11 devices include: The HP Elite x360 1040 G9 and HP EliteBook 1040 G9, the HP EliteBook 800 G9 Series PCs, the HP EliteBook 600 G9 Series PCs, and the HP ProBook 400 G9 Series PCs. HP Inc. also highlighted that HP ENVY Desktop PC, the HP Z2 Mini G9, the HP Z40c G3 and HP Z34c G3 Curved Display. Additional new devices and accessories for creators include the ZBook Firefly 14 G9, and ZBook Firefly 16 G9.
BMEA

Hot Stocks

13:32 EST Biomea Fusion moves into new headquarters, expands R&D facility - Biomea Fusion announced that it has moved into new headquarters in Redwood City, at 900 Middlefield Road. The space offers a work environment of more than 27,000 sq. ft. and will support the company's anticipated growth in 2022 and beyond. Biomea also announced it has initiated the second phase of the buildout of its R&D Innovation Center, which is anticipated to be completed in the second half of 2022. The expanded 18,000 sq. ft. R&D Innovation Center will support additional biology and medicinal chemistry as well as drug metabolism, pharmacokinetics, and process chemistry research for all three programs in the company's pipeline.
INTC...

Hot Stocks

13:20 EST Intel subsidiary Mobileye announces new strategic collaborations - During an Intel (INTC) news conference, subsidiary Mobileye revealed multiple new strategic collaborations it said are "designed to transform driver and passenger experiences globally." The company stated in a press release timed with its event that deals with Volkswagen Group (VWAGY), Ford (F) and Zeekr "were brought to light to illustrate the breadth and innovation of Mobileye's ADAS-to-AV technology." Mobileye also revealed its EyeQ Ultra - which is described by Intel as "Mobileye's first AV-on-chip, or AVoC, purpose-built for Level 4 self-driving vehicles." Prof. Amnon Shashua, Mobileye president and CEO, added: "Our customers are demonstrating that innovation is at the center of their future strategies and leaning on Mobileye to help execute their visions. As a trusted collaborator, Mobileye is firing on all cylinders to deliver scalable ADAS-to-AV solutions that exceed the expectations of our customers and, at the same time, push the industry forward. We're grateful for our ongoing collaborations and look forward to setting more new industry standards together."
INTC

Hot Stocks

13:17 EST Intel announces launch of 12th Gen Core family of mobile processors - At CES 2022, Intel announced what it calls "the world's fastest mobile processor," stating that it is "bringing its performance hybrid architecture to mobile platforms for the first time with new 12th Gen Intel Core mobile processors that are up to 40% faster than the previous generation mobile processor." Intel said in a press release in concert with CES that it introduced 28 new 12th Gen Intel Core mobile processors that "deliver a feature-rich suite of capabilities to create laptops for people to compute whenever and wherever they need - without compromise." "Intel's new performance hybrid architecture is helping to accelerate the pace of innovation and the future of compute. And, with the introduction of 12th Gen Intel Core mobile processors, we are unlocking new experiences and setting the standard of performance with the fastest processor for a laptop - ever," said Gregory Bryant, executive vice president and general manager of Intel's Client Computing Group.
ON

Hot Stocks

13:02 EST emotion3D, onsemi collaborate on DOMS reference design - emotion3D and onsemi announced a joint reference design for driver and occupant monitoring system. By combining driver and occupant monitoring in one camera, this design enables multiple safety capabilities and a next-level user experience. This allows automotive OEMs to deploy high-performance, low-cost, next-generation in-cabin imaging solutions that make driving safer and more enjoyable. Based on emotion3D's CABIN EYE AI software stack and the award-winning AR0820AT 8.3 MP image sensor from onsemi, this new DOMS solution not only replaces the single-task driver monitoring mono/IR camera, but also enables multiple use cases for safety and convenience by employing a single color/IR camera.
VZ

Hot Stocks

12:41 EST Verizon to deliver 5G Ultra Wideband to 100M people in the U.S. this month - This month, more than 100 million people in 1,700-plus cities around the nation will have access to speeds up to 10x faster than 4G LTE via Verizon 5G Ultra Wideband network, Verizon said in a statement. "This massive launch will put incredible speeds, reliability and security in the hands of our customers and amplifies our offering of reliable home and business broadband options to more places around the country, well ahead of the commitment we made last year," said Hans Vestberg, Chairman and CEO of Verizon. "As 5G Ultra Wideband becomes available to more and more people and businesses, it will allow our customers to do more amazing things."
HMC

Hot Stocks

12:34 EST Honda reports December U.S. sales down 23% to 105,068 vehicles - Reports total 2021 U.S. sales down up 8.9% to 1.47M units despite "severe" supply issues during 2H21.
MZDAY

Hot Stocks

12:27 EST Mazda Motor reports December U.S. sales down 38% to 19,422 vehicles - Mazda North American Operations reported total December sales of 19,422 vehicles, a decrease of 38% compared to the prior December. Full year sales totaled 332,756 vehicles; an increase of 19.2% compared to 2020. With 27 selling days in December, compared to 28 the year prior, the company posted a decrease of 35.7% on a Daily Selling Rate, or DSR, basis. With 306 selling days in 2021, compared to 309 in 2020, the company posted an increase of 20.3% on a DSR basis for the year.
FATH

Hot Stocks

12:00 EST Fathom falls -11.6% - Fathom is down -11.6%, or -80c to $6.10.
PAGS

Hot Stocks

12:00 EST PagSeguro Digital falls -12.0% - PagSeguro Digital is down -12.0%, or -$3.42 to $25.18.
HLGN

Hot Stocks

12:00 EST Heliogen falls -22.6% - Heliogen is down -22.6%, or -$3.07 to $10.50.
HRTG

Hot Stocks

12:00 EST Heritage Insurance rises 14.4% - Heritage Insurance is up 14.4%, or 85c to $6.74.
NYC

Hot Stocks

12:00 EST New York City REIT rises 15.5% - New York City REIT is up 15.5%, or $1.67 to $12.47.
NEX

Hot Stocks

12:00 EST NexTier Oilfield rises 22.2% - NexTier Oilfield is up 22.2%, or 86c to $4.73.
PFE

Hot Stocks

11:47 EST Pfizer to provide U.S. with additional 10M courses of Paxlovid Covid-19 therapy - Pfizer announced that the U.S. government has committed to purchasing an additional 10 million treatment courses of its COVID-19 oral therapy, PAXLOVID. This commitment will supplement the 10 million treatment courses previously contracted by the U.S. Government, bringing the total amount of treatment courses to 20 million. Collectively, approximately 10 million PAXLOVID treatment courses have been accelerated for delivery by the end of June, with the remaining 10 million to follow by the end of September, Pfizer said in a statement. "With the Omicron variant surging, the availability of and accessibility to treatment options is of utmost importance, as millions of people are being diagnosed with COVID-19 each and every day," said Albert Bourla, Chairman and CEO, Pfizer. "With data showing significant reductions in hospitalizations and deaths, along with the potential for PAXLOVID to maintain robust antiviral activity against Omicron, we believe this therapy will be an important tool in the fight against COVID-19. We are pleased to be working with the U.S. government to help broaden patient access to this potentially game changing therapy."
PFE

Hot Stocks

11:46 EST Pfizer to provide U.S. with additional 10M courses of Covid-19 oral therapy
NVDA

Hot Stocks

11:41 EST Nvidia announces new GeForce laptops and desktops, GE Force NOW Partners - Nvidia unveiled more than 160 gaming and Studio GeForce-based laptop designs, as well as new desktop and laptop GeForce RTX GPUs and technologies. The company also announced new RTX-accelerated content, and the expansion of both GeForce NOWcloud gaming and the NVIDIA Studio ecosystem, including the launch of NVIDIA Omniverse for creators. The new GeForce RTX 3070 Ti is up to 70 percent faster than RTX 2070 SUPER laptops and can deliver 100 frames per second at 1440p resolution, the company said. NVIDIA is further expanding its Studio platform of hardware, software and exclusive applications that helps creators get from concept to completion faster. This includes a major update to NVIDIA Canvas, a painting application that uses AI to generate landscape images from brush strokes.
BCC

Hot Stocks

11:41 EST Boise Cascade expands Building Materials Distribution operations - Boise Cascade Company announced the expansion of its Building Materials Distribution operations in Minnesota and Northern Kentucky. The BMD Minneapolis branch will be adding 13 contiguous acres to the existing property in Lakeville, MN. The BMD Cincinnati branch will move into a new 200,000 sq. ft. warehouse in Walton, KY. The new location will work in tandem with an existing yard in Erlanger, KY. In November 2021, the Company also announced a new distribution center to be built in Marion, OH.
PFE...

Hot Stocks

11:21 EST CDC shortens Pfizer vaccine booster interval to five months from six - The Centers for Disease Control and Prevention updated its recommendation for when many people can receive a booster shot, shortening the interval from six months to five months for people who received the Pfizer (PFE) - BioNTech (BNTX) COVID-19 Vaccine. This means that people can now receive an mRNA booster shot five months after completing their Pfizer-BioNTech primary series. The booster interval recommendation for people who received the Johnson & Johnson (JNJ) vaccine of two months or the Moderna vaccine of six months has not changed. Additionally, the CDC is recommending that moderately or severely immunocompromised 5-11-year-olds receive an additional primary dose of vaccine 28 days after their second shot. At this time, only the Pfizer-BioNTech COVID-19 vaccine is authorized and recommended for children aged 5-11.
PFE...

Hot Stocks

11:14 EST CDC shortens Pfizer vaccine booster internal to five months from six - The Centers for Disease Control and Prevention updated its recommendation for when many people can receive a booster shot, shortening the interval from six months to five months for people who received the Pfizer (PFE) -BioNTech (BNTX) COVID-19 Vaccine. This means that people can now receive an mRNA booster shot five months after completing their Pfizer-BioNTech primary series. The booster interval recommendation for people who received the Johnson & Johnson (JNJ) vaccine of two months or the Moderna vaccine of six months has not changed. Additionally, the CDC is recommending that moderately or severely immunocompromised 5-11-year-olds receive an additional primary dose of vaccine 28 days after their second shot. At this time, only the Pfizer-BioNTech COVID-19 vaccine is authorized and recommended for children aged 5-11.
PII

Hot Stocks

11:05 EST Polaris names J.C. Weigelt as VP, investor relations to succeed Richard Edwards - Polaris announced that Richard Edwards, vice president, Investor Relations will retire from Polaris in April 2022. J.C. Weigelt has joined Polaris as vice president of Investor Relations, effective January 3. Edwards will work closely with Weigelt during this transition period. Weigelt joins Polaris with more than 15 years of Investor Relations experience, most recently with nVent Electric, where he served as the vice president of Investor Relations.
AMD

Hot Stocks

11:04 EST AMD unveils additions, enhancements to Radeon graphics portfolio - During the 2022 Product Premiere livestream event, AMD unveiled additions and enhancements to the AMD Radeon graphics portfolio to "deliver incredible, next-level experiences to more gamers than ever," the company announced in a press release concurrent with the event. "Bringing higher levels of performance to power a new class of premium laptops, the new solutions expand the AMD Radeon RX 6000M Series mobile graphics family, with the addition of the AMD Radeon RX 6850M XT, Radeon RX 6650M XT, Radeon RX 6650M, Radeon RX 6500M and Radeon RX 6300M mobile graphics. AMD also announced the new AMD Radeon RX 6000S mobile graphics lineup - the AMD Radeon RX 6800S, Radeon RX 6700S and Radeon RX 6600S - optimized to bring power-efficient, high-performance gaming to incredibly thin-and-light laptops that are the fastest growing segment in the gaming laptop market," the company said. AMD added: "The Alienware m17 R5, an AMD Advantage laptop powered by up to an AMD Ryzen 6980HX APU and up to an AMD Radeon RX 6850M XT GPU is expected to be available in Q2 2022. Other laptops with new AMD Radeon RX 6000M Series mobile graphics are expected to be available beginning in Q1 2022 from leading OEMs. Laptops with AMD Radeon RX 6000S Series mobile graphics are expected to be available beginning in Q1 2022, including the ROG Zephyrus G14, the first 14-inch AMD Advantage laptop powered by up to an AMD Ryzen 9 6900HS APU and up to an AMD Radeon RX 6800S GPU. AMD Radeon RX 6500 XT graphics cards are expected to be available from AMD board partners including ASRock, ASUS, BIOSTAR, Gigabyte, MSI, PowerColor, SAPPHIRE, XFX and Yeston at global etailers/retailers beginning January 19, 2022. The graphics card has an SEP of $199 USD. It is also expected to be available in pre-built systems from OEMs and system integrators beginning in Q1 2022. Pre-built systems with AMD Radeon RX 6400 graphics card are expected to be available beginning in 1H 2022."
TRI

Hot Stocks

11:02 EST Thomson Reuters appoints Gary Bisbee as head of investor relations - Thomson Reuters announced Gary Bisbee has joined the company and will transition into the role as its next Head of Investor Relations, effective March 1, 2022. Bisbee will succeed Frank Golden, who informed the company of his intention to retire in July 2022 after 18 years in the role. Based in New York, Bisbee will report directly to Mike Eastwood, CFO of Thomson Reuters. He formerly served as Senior Equity Research Analyst and Managing Director at Bank of America Securities, where he tracked and provided outlook on the leading business, technology, and information services companies.
AMD

Hot Stocks

11:02 EST AMD announces lineup of new Ryzen 6000 Series processors - During its 2022 Product Premiere livestream event, AMD announced the full lineup of new AMD Ryzen 6000 Series processors for laptops, "bringing the new, highly-efficient and extremely powerful, 'Zen 3+' core architecture together with all-new AMD RDNA 2 architecture-based on-chip graphics," the company announced in a press release concurrent with the event. "The new AMD Ryzen 6000 Series processors are built using TSMC's 6nm process technology and deliver unprecedented levels of built-in graphics performance, offering revolutionary 1080p AAA gaming, along with cutting-edge features and superb battery life. AMD also announced the new Ryzen 7 5800X3D desktop processor with AMD 3D V-Cache technology for elite-level gaming performance that dominates the competition1, and previewed the new Ryzen 7000 Series CPU powered by "Zen 4" architecture and using the new AMD Socket AM5," the company said. "AMD is at the forefront of innovation in the PC industry, delivering unmatched experiences for creators, professionals and gamers. The new AMD Ryzen 6000 Series processors bring remarkable efficiency for impressive battery life, unbeatable built-in graphics and optimized performance to deliver the best AMD has to offer to every type of notebook user," said Saeid Moshkelani, senior vice president and general manager, Client business unit, AMD.
VUZI

Hot Stocks

10:48 EST Vuzix announces launch of latest edition in M-Series smart glasses line - Vuzix announced that it has introduced the Vuzix M400-C smart glasses, which it notes are the latest edition to its M-Series smart glasses family, and announced that it has shipped limited initial production units to "a Windows mobile computer manufacturer." Vuzix said: "Further shipments are expected to be made to select partners in Q1-2022 with full production and general availability commencing in Q2-2022. The M400-C will be priced at $1199."
SRNA

Hot Stocks

10:44 EST Surna signs $3.4M contract with Aeriz Holdings - CEA Industries, doing business as Surna Cultivation Technologies, announced it has signed one of the largest contracts in its history. "After working with Aeriz Holdings Corporation, a large, multi-state operator, on projects in Arizona and Illinois, Surna is delighted to be a part of their most recent facility in California. Today we are happy to announce a signed contract for $3.4M with them for their 96,000 square feet cultivation facility in Riverbank," said Jon Kozlowski, Surna's Vice President of Sales. "The project includes Surna's mechanical engineering services, controls design services and HVACD equipment for the veg, flower, and wet and dry cure rooms. We are excited to work with a client for whom operating costs and efficiency gains are a priority and to have an engineering team that understands and can manage the complex engineering associated with this design."
NTR

Hot Stocks

10:42 EST Nutrien down 4% after announcing departure of CEO Mayo Schmidt - Shares of Nutrien are down $2.79, or 4%, to $73.33 in morning trading in New York after the company's board of directors announced earlier today that Mayo Schmidt has left his position as President and CEO of Nutrien and has resigned from the board. Ken Seitz, Executive Vice President and CEO of Potash, has been named the company's interim CEO. "Seitz brings extensive global leadership experience in the agriculture and mining sectors and is well-positioned to progress the company's stated strategy and lead the integrated business during the transition," the company stated. "Nutrien has delivered exceptional results in 2021 and is well positioned to continue this strong momentum into 2022. Nutrien has a talented and deep executive team, and we are confident that Ken Seitz and this team will continue to build on the organization's record financial and operating performance. The Nutrien Board of Directors will work with an executive search firm to begin a global search to select a long-term leader that will take the company into its next phase, which will consider internal and external candidates," added Russ Girling, Chair of the Nutrien board of directors.
GM

Hot Stocks

10:39 EST GM sees 2021 light industry sales of 15M, 2022 sales of 16M - General Motors expects economic growth in the U.S. and improving semiconductor availability to help drive U.S. total light industry sales from around 15M in 2021 to around 16M in 2022. "The key constraint for sales continues to be reduced inventory levels as a result of the semiconductor shortage. Those inventory levels are beginning to recover against a backdrop of strong fundamental demand conditions, with ample job openings, high household savings and low interest rates," said Elaine Buckberg, GM chief economist. "Consumers want to drive as much as before the pandemic, based on recent high levels of vehicle usage. High vehicle usage and deferred sales mean pent up demand for new vehicles in the millions and building. That pent up demand will support sales as vehicle supply improves."
GM

Hot Stocks

10:38 EST General Motors said semiconductor supply conditions improved in Q4 - General Motors said, "GM entered the quarter with record low inventories; however, the company's fourth-quarter production and wholesale deliveries were up significantly from the third quarter as semiconductor supply conditions improved. Dealer inventory, including in-transit units on their way to dealers, was 128,757 units at the end of the third quarter and 199,662 at the end of the fourth quarter. Despite low inventories, several vehicle lines posted total sales increases including the Chevrolet Tahoe (up 8 percent), Chevrolet Suburban (up 3 percent), Buick Envision (up 10 percent), Cadillac Escalade (up 2 percent) and the Chevrolet Silverado MD (up 5 percent)."
GM

Hot Stocks

10:36 EST General Motors reports Q4 deliveries down 43% to 440,745 vehicles - General Motors said the company and its dealers sold 440,745 vehicles in Q4, down 43% compared with the fourth quarter of 2020. "GM entered the quarter with record low inventories; however, the company's fourth-quarter production and wholesale deliveries were up significantly from the third quarter as semiconductor supply conditions improved," the company said in a statement. Dealer inventory, including in-transit units on their way to dealers, was 128,757 units at the end of Q3 and 199,662 at the end of Q4.
TM

Hot Stocks

10:33 EST Toyota reports December U.S. sales down 30.2% to 174,115 vehicles - Toyota Motor North America reported December U.S. 2021 sales of 174,115 vehicles, a decrease of 30.2% on a volume basis and down 27.7% on a daily selling rate, or DSR, basis compared to December 2020. For calendar year 2021, TMNA reported U.S. sales of 2,332,262 vehicles, an increase of 10.4% on a volume basis and an increase of 11.5% on a DSR basis. "Despite a second consecutive year of challenges, TMNA focused on delivering an exceptional customer experience, and we remain optimistic as our electrification strategy further evolves. Thanks to our phenomenal dealers and world-class purchasing and manufacturing teams, our inventory continues to improve and we're preparing to introduce 21 all-new, refreshed or special edition vehicles in 2022," said Jack Hollis, senior vice president, Automotive Operations Group, TMNA.
GOOGL GOOG

Hot Stocks

10:23 EST Google acquires Siemplify for security operations - In a company blog post, Sunil Potti, VP/GM of Google Cloud Security said, "At Google Cloud, we are committed to advancing invisible security and democratizing security operations for every organization. Today, we're proud to share the next step in this journey with the acquisition of Siemplify, a leading security orchestration, automation and response provider. Siemplify shares our vision in this space, and will join Google Cloud's security team to help companies better manage their threat response. In a time when cyberattacks are rapidly growing in both frequency and sophistication, there's never been a better time to bring these two companies together. We both share the belief that security analysts need to be able to solve more incidents with greater complexity while requiring less effort and less specialized knowledge. With Siemplify, we will change the rules on how organizations hunt, detect, and respond to threats. Providing a proven SOAR capability unified with Chronicle's innovative approach to security analytics is an important step forward in our vision. Building an intuitive, efficient security operations workflow around planet-scale security telemetry will further realize Google Cloud's vision of a modern threat management stack that empowers customers to go beyond typical security event and information management and extended detection and response tooling, enabling better detection and response at the speed and scale of modern environments...The Siemplify platform is an intuitive workbench that enables security teams to both manage risk better and reduce the cost of addressing threats. Siemplify allows Security Operation Center analysts to manage their operations from end-to-end, respond to cyber threats with speed and precision, and get smarter with every analyst interaction. The technology also helps improve SOC performance by reducing caseloads, raising analyst productivity, and creating better visibility across workflows. We plan to invest in SOAR capabilities with Siemplify's cloud services as our foundation and the team's talent leading the way. Our intention is to integrate Siemplify's capabilities into Chronicle in ways that help enterprises modernize and automate their security operations." Reference Link
G

Hot Stocks

10:16 EST Genpact acquires Hoodoo Digital; terms not disclosed - Genpact announced the expansion of its experience business, Rightpoint, with the acquisition of Hoodoo Digital, a digital experience consultancy with expertise in Adobe solutions. The acquisition furthers Genpact's strategy to fuse experience and process innovation to help clients drive end-to-end digital transformation and win in the growing experience economy, the company said in a statement. Terms of the deal were not disclosed. Canaccord Genuity Group served as the exclusive financial advisor to Hoodoo Digital.
OSK

Hot Stocks

10:08 EST Oshkosh names Jay Iyengar as EVP, chief technology, strategic sourcing officer - Oshkosh Corporation announced that Jay Iyengar has joined the organization as Executive Vice President and Chief Technology and Strategic Sourcing Officer. Jay will have responsibility for Oshkosh's vision and strategy that will drive the investment, development and deployment of leading-edge technologies. She will also be responsible for global strategic sourcing activities focused on building a supply chain capable of delivering next generation technologies. Ms. Iyengar has over 30 years of diverse industry experience across the automotive, aerospace, diversified industrial, agricultural and heavy-duty vehicle markets, most recently serving as Chief Technology and Quality Officer at CNH Industrial.
BAESY

Hot Stocks

10:01 EST BAE Systems awarded $154M contract from U.S. Navy - BAE Systems has been awarded a five-year indefinite delivery, indefinite quantity contract worth up to $154M to continue supporting the U.S. Navy's Naval Air Warfare Center Webster Outlying Field. Under the contract awarded in November, BAE Systems will support the rapid integration and sustainment of command, control, communications, computers, combat systems, intelligence, surveillance, and reconnaissance systems for the Special Communications Mission Systems Division.
CNM

Hot Stocks

10:00 EST Core & Main falls -9.9% - Core & Main is down -9.9%, or -$3.04 to $27.74.
ZME

Hot Stocks

10:00 EST Zhangmen Education falls -19.5% - Zhangmen Education is down -19.5%, or -88c to $3.64.
HLGN

Hot Stocks

10:00 EST Heliogen falls -25.6% - Heliogen is down -25.6%, or -$3.47 to $10.10.
BNKU

Hot Stocks

10:00 EST Bank United Corporation rises 7.9% - Bank United Corporation is up 7.9%, or $4.74 to $64.40.
HRTG

Hot Stocks

10:00 EST Heritage Insurance rises 10.5% - Heritage Insurance is up 10.5%, or 62c to $6.51.
NEX

Hot Stocks

10:00 EST NexTier Oilfield rises 17.3% - NexTier Oilfield is up 17.3%, or 67c to $4.54.
WRAP

Hot Stocks

09:49 EST Wrap Technologies reports reorder of BolaWrap 150 by Dominican Republic - Wrap Technologies announced that the company received and shipped an order for 100 BolaWrap 150 remote restraint devices from the Dominican Republic Ministry of Defense. The order follows live demonstrations of the device delivered in April of 2021 following an initial order of 20 devices for the Navy of the Dominican Republic. The demonstrations were presented to five government departments in total, the company said in a statement. "We're seeing momentum in international markets despite the continuation of the pandemic," said Tom Smith, WRAP President & CEO. "The time frame may be extended for international orders, but we are seeing encouraging progress by distributors and their customers." WRAP received and shipped the order for its BolaWrap 150 remote restraint devices in the fourth quarter of 2021.
SE

Hot Stocks

09:47 EST Sea Limited falls -7.4% - Sea Limited is down -7.4%, or -$16.60 to $206.71.
CNM

Hot Stocks

09:47 EST Core & Main falls -10.4% - Core & Main is down -10.4%, or -$3.19 to $27.59.
HLGN

Hot Stocks

09:47 EST Heliogen falls -11.6% - Heliogen is down -11.6%, or -$1.57 to $12.00.
PSFE

Hot Stocks

09:47 EST Paysafe rises 7.0% - Paysafe is up 7.0%, or 28c to $4.33.
SSU

Hot Stocks

09:47 EST SIGNA Sports United rises 11.5% - SIGNA Sports United is up 11.5%, or $1.02 to $9.87.
NEX

Hot Stocks

09:47 EST NexTier Oilfield rises 14.0% - NexTier Oilfield is up 14.0%, or 54c to $4.41.
ISSDY HPE

Hot Stocks

09:42 EST ISS, HP Enterprise extend partnership agreement for another 5 years - ISS (ISSDY) announced that it has extended its partnership agreement with Hewlett Packard Enterprise (HPE). ISS has delivered services to HPE globally since 2008 and with the new extension the partnership continues until August of 2027. Through the continued partnership, ISS will deliver a wide range of integrated facility services to HPE's offices and production sites across 51 countries and more than 170 sites. Troels Bjerg, Group COO at ISS, says: "We look forward to continuing our longstanding partnership with HPE. For the coming period, our focus will be to further enhance the operational performance and service delivery in a close collaboration with HPE, its employees and our many dedicated placemakers working on the sites."
IDEX

Hot Stocks

09:35 EST Ideanomics announces strategic investment in InoBat Auto - Earlier, Ideanomics announced their strategic investment in InoBat Auto, which the company calls "a European-based premium battery technology and manufacturing company." The funding will support the completion of InoBat's R&D center and pilot battery plant located in Voderady, Slovakia by the end of 2022, Ideanomics stated. "In conjunction with the investment, Ideanomics and InoBat will also collaborate to develop, produce, and distribute integrated battery pack solutions for the US market. The collaboration is intended to accelerate Ideanomics subsidiaries' continued growth and deliver potential revenue opportunities targeting other U.S. commercial EV fleet customers... InoBat is actively pursuing plans to build several gigafactories on additional sites across Europe and other global locations through 2024 in order to support and serve the international market at scale. Recently, InoBat also welcomed financial investments to deliver its facility and pilot battery line from Rio Tinto, a global mining and metals company, and Amara Raja, a leading industrial and automotive battery company in India," the company added.
IVZ

Hot Stocks

09:33 EST Invesco Real Estate Income Trust acquires student housing in Tempe, Arizona - Invesco Real Estate Income Trust announced it acquired a 13-story, 384-unit student housing facility located at Arizona State University. Developed in 2017, the property is 100% leased for the current academic year and a less than five-minute walk to campus. This is the second student housing investment for INREIT, bringing the gross assets of the INREIT portfolio to more than $700M.
PMCB

Hot Stocks

09:24 EST PharmaCyte Biotech proves capsule material not toxic for encapsulated cells - PharmaCyte Biotech announced that the empty capsule material that makes up PharmaCyte's CypCaps pancreatic cancer product candidate is not toxic for the encapsulated cells inside the CypCaps. PharmaCyte's Chief Executive Officer, Kenneth L. Waggoner, said, "We have completed another study that proves exactly what we expected to find in the data. Like previous biocompatibility studies on our CypCaps product candidate to treat locally advanced, inoperable pancreatic cancer this study demonstrates that the capsule material is not in any way toxic to our encapsulated live cells. This study also confirms previously obtained data that the capsule material is bio-inert." The cells were examined 24 hours later under the microscope by the CRO for any abnormal cell morphology and the possible presence of cell lysis. The capsule material was found to be "non-cytotoxic" to mouse fibroblast cells at all of the concentrations examined.
TYL

Hot Stocks

09:22 EST Tyler Technologies, Colorado SIPA extend extend relationship - Tyler Technologies announced that the Colorado Statewide Internet Portal Authority, or SIPA, on behalf of the state of Colorado, has signed a contract extension for Tyler's digital government and payments services. The one-year agreement extends the existing 17-year relationship between Colorado's SIPA and Tyler's subsidiary, NIC. Additionally, Tyler recently signed a 10-year agreement with the Colorado Department of Regulatory Agencies, or DORA, Division of Professions and Occupations, for Tyler's ETK Regulatory solution, its Socrata insights solution for analytics, its mobile inspection solution, and NIC Payments, an electronic payment solution.
SNDR

Hot Stocks

09:22 EST Schneider National acquire Midwest Logistics Systems in $263M transaction - Schneider announced the company is growing its dedicated operations with the acquisition of Ohio-based truckload carrier, Midwest Logistics Systems. MLS is a leading dedicated carrier with over 1,000 professional drivers, operating 900 tractors across 30 central U.S. locations. Schneider has acquired 100% of the equity interest in MLS. The carrier will run as an independent subsidiary of Schneider. MLS professional drivers and associates will continue to operate under the MLS name. MLS annual revenues are approximately $205M, and the acquisition is expected to be immediately accretive to Schneider's earnings per share. MLS financial results will be reported in dedicated operations as part of the Truckload segment beginning in the first quarter of 2022. The enterprise value of the transaction was approximately $263M. Schneider financed the transaction through cash on hand. Scopelitis, Garvin, Light, Hanson & Feary served as Schneider's transaction and legal advisor and Frost Brown Todd served as Midwest Logistics Systems, Ltd.'s transaction and legal advisor.
CPIX

Hot Stocks

09:17 EST Cumberland to acquire SANCUSO from Kyowa Kirin - Cumberland Pharmaceuticals announced that it has entered into and closed on a definitive agreement to acquire the FDA-approved oncology-supportive care medicine SANCUSO, or granisetron transdermal patch, from Kyowa Kirin, the U.S. affiliate of Japan-based Kyowa Kirin, a global specialty pharmaceutical company focused on discovering and delivering novel medicines. SANCUSO is the first and only FDA-approved prescription patch for the prevention of nausea and vomiting in patients receiving certain types of chemotherapy treatment. Under the terms of the agreement, Cumberland will acquire U.S. rights to SANCUSO and will assume full commercial responsibility for the product - including its marketing, promotion, distribution, manufacturing and medical support activities. Net sales of the brand in the U.S. were over $14M in 2020. The financial terms of the acquisition include a $13.5M payment to Kyowa Kirin upon closing, up to $3.5M in milestones and tiered royalties of up to 10% on U.S. net product sales. Kyowa Kirin will retain international rights, continuing to deliver the product to address oncology patients' needs throughout the rest of the world.
IBRX

Hot Stocks

09:16 EST ImmunityBio awarded 'seminal patent' on natural killer cells' - ImmunityBio has been granted a U.S. patent for a novel natural killer cell therapy composition and method for treating cancer that combines the company's genetically modified NK-92 cells with CD16 receptors to enhance binding and activity of monoclonal antibodies. The combination of these engineered NK-92 cells with current monoclonal antibody therapies has the potential to augment the overall cytotoxic effects of monoclonal antibody treatment alone and help to address relapse by bolstering the patient's own natural immune system response. ImmunityBio's NK-92 cells are specifically modified versions of the NK cells that are a core element of the human immune system. First discovered in the blood of a non-Hodgkins lymphoma patient, these cells retain most of the activating receptors of NK cells but lack the major inhibitory receptors, giving them higher baseline cytotoxicity against tumor cells. The cells have been included in more than 450 published papers covering a wide range of research and they are currently being studied in clinical trials for pancreatic cancer, triple-negative breast cancer, and non-Hodgkin lymphoma. The off-the-shelf NK cell platform can be easily expanded, genetically modified and cryopreserved. By inserting chimeric antigen receptors in the NK-92 cells, they have the potential for multi-specific killing including direct NK cell killing via stress ligands, CD16-mediated killing via tumor-targeted antibodies, and CAR-mediated killing. The patent, which protects this therapeutic approach for 20 years from its original filing, covers the use of these NK-92 cells in conjunction with the mAbs that are a standard of care in many cancer cases. "While monoclonal antibodies have significantly improved the clinical outcomes in patients with cancer, many of these patients ultimately relapse," said Patrick Soon-Shiong, M.D., Executive Chairman and Global Chief Scientific and Medical Officer at ImmunityBio. "A growing body of research suggests that clinically meaningful responses to these antibody therapies is dependent upon the overall health of the patient's own natural killer cells and whether the cells express the high-affinity variant of the CD16 receptors, which are found on the surface of natural killer cells. Only about 10% of NK cells in the blood of healthy people have the high-affinity CD16 receptors for monoclonal antibody binding-the majority of NK cells have the intermediate- and low-affinity receptor-therefore an infusion of these NK-92 cells engineered with a high-affinity CD16 receptor supercharges the monoclonal antibodies, potentially enabling the antibodies to be therapeutically more effective in combination with the killing activity of these engineered NK-92 cells."
FAT

Hot Stocks

09:13 EST FatBurger, Buffalo's Express to make Florida debut - FAT Brands is coming to Florida with a 10-store franchise development deal in partnership with Whole Factor Inc. The Fatburger and Buffalo's Express Orlando locations are set to open over the next six years. While Buffalo's Express is known in the South through its full-service model, Buffalo's Cafe, this marks a significant move for Fatburger as it looks to further broaden its footprint outside of the West Coast. In November 2021, FAT Brands also announced that 25 Fatburger and Buffalo's Express locations are slated to open in Illinois over the next eight years.
GEVO

Hot Stocks

09:12 EST Gevo appoints David George as SVP, Verity Tracking - Gevo announced that David George has joined Gevo as Senior Vice President, SVP, Verity Tracking. George brings over 20 years of experience in technical, commercial, and business development leadership. Before coming to Gevo, he served as the Chief Commercial Officer at Xpansiv. George will manage the launch and strategy development for Verity Tracking, a blockchain technology for tracking sustainability, building trust, and setting the standards for the growing industry.
SEED

Hot Stocks

09:12 EST Origin Agritech to collaborate with BaoDao Feed on nutrition enhanced corn - Origin Agritech announced that it has signed a collaborative agreement with BaoDao Feed Ltd., a Chinese feed producer with 500M RMB in annual sales. Under the terms of the agreement, the two companies will collaborate to produce and sell specialized corn crops to feed producers. The corn variety that Origin brings to the collaboration is very desirable for feedstock as it contains 160% higher crude fat content than conventional corn as well as higher amino acid content, eliminating the need for costly additives. The companies estimate a resulting cost savings of 200-300 RMB per metric ton which would effectively double the gross margins compared to BaoDao's sale of conventional corn as feedstock.
GOVX

Hot Stocks

09:12 EST GeoVax Labs issues shareholder update letter - GeoVax Labs issued an update letter from Chairman and CEO, David Dodd, to the Company's shareholders and other interested parties. The letter is posted to the Company's website.
TARS

Hot Stocks

09:11 EST Tarsus Pharmaceuticals appoints Elizabeth Yeu to board of directors - Tarsus Pharmaceuticals announced the appointment of Elizabeth Yeu, M.D. to its board of directors. Dr. Yeu will continue to serve as Tarsus' Chief Medical Advisor. As part of her Board appointment, she will join the Science and Technology Committee, which provides strategic direction on external and internal innovation and pipeline opportunities.
UGI

Hot Stocks

09:10 EST UGI Corporation subsidiary to acquire Stonehenge Appalachia for $190M - UGI Corporation announced that its subsidiary, UGI Energy Services, has entered into a definitive agreement to acquire Stonehenge Appalachia from Stonehenge Energy Holdings for approximately $190M. This investment is expected to be immediately accretive to adjusted earnings. The Stonehenge system, located in Butler County Pennsylvania, includes more than 47 miles of pipeline and associated compression assets, and has gathering capacity of 130M cubic feet per day. The transaction is subject to customary regulatory and other closing conditions, including Federal antitrust clearance pursuant to the U.S. Hart-Scott-Rodino Antitrust Improvements Act. Assuming fulfillment of all conditions, the transaction is expected to close by January 31, 2022.
SNX MSTR

Hot Stocks

09:10 EST Synnex announces North American partnership with MicroStrategy - Synnex (SNX) announced a North American partnership with MicroStrategy (MSTR). The partnership expands the TD SYNNEX IoT, data, and analytics portfolio of partners to include a comprehensive software platform for self-service data discovery, enterprise reporting, mobile applications, and embedded analytics."We see MicroStrategy as a strategic addition to our vendor alliance ecosystem with 'all-play' adjacency that will enable our partner community to provide end-to-end enterprise analytics that drives end-user adoption and meets the demands of today's data driven business culture," said Cheryl Neal, vice president of New Vendor Acquisition, TD SYNNEX. "MicroStrategy's HyperIntelligence solution in particular, presents a next-generation approach that transforms the way people find answers through zero-click user experiences. By injecting insights directly into a user's existing workflows, these applications seamlessly transform familiar interfaces into intelligence tools - making every person, application, and device more intelligent and again, providing our resell community a profitable way to provide value to their customer." MicroStrategy provides flexible deployment options including on-premise or managed cloud-as-a-service on leading cloud infrastructure options. The benefits of this new partnership to partners include: Modern Experiences - MicroStrategy Dossiers and Library deliver impactful, personalized insights and collaboration to the entire enterprise. HyperIntelligence injects those insights into applications users are already comfortable in, making 100% analytics adoption a reality.
AVCO

Hot Stocks

09:10 EST Avalon GloboCare provides year-end business update on clinical programs - Avalon GloboCare provided a year-end business update. "We believe we have made significant progress in 2021, advancing our scientific and clinical programs focusing on immuno-oncology and cellular medicines," said David Jin, M.D., Ph.D., President and Chief Executive Officer of Avalon. "Our goal is to address the unmet needs of patients utilizing innovative technologies that transform cellular therapy and regenerative medicine. We have partnered with world-renowned research centers and universities on cutting edge research, and are accelerating our own innovative research, bio-process development, clinical programs and product commercialization." Avalon entered into a new collaboration with University of Pittsburgh Medical Center to develop new cancer immunotherapy approaches. Avalon's lead candidate, AVA-011 is currently at an IND-enabling stage. Avalon is on track to initiate AVA-011 first-in-human clinical trial by mid-2022. Avalon's research partnership with the University of Natural Resources and Life Sciences in Vienna, Austria, is progressing. Avalon has co-developed and jointly filed a patent with BOKU on a novel platform of S-layer coated emulsome technology for next-generation, targeted drug delivery and cellular immunotherapy applications. The Company believes this novel SLET platform will help accelerate the development of Avalon's mRNA-based Flash-CAR and other cellular therapy programs.
PEGA FDS

Hot Stocks

09:09 EST Pegasystems appoints Katherine Parente as Chief People Officer - Pegasystems announced it has appointed Katherine Parente as Chief People Officer. Parente is responsible for driving Pega's global people strategy and operations, reporting to Alan Trefler, Pega's founder and CEO. In her 20-plus years of human resources experience, Kate has established and led strong international teams across a wide range of HR disciplines within firms in the financial services, technology, and professional services industries. Her areas of expertise include people strategy, compensation and benefits, recognition, organizational and leadership development, workforce planning, and culture and value proposition. Parente joins Pega from FactSet Research Systems (FDS), a data technology company with more than 10,000 employees across 20 countries servicing over 6,000 financial service firms.
ILMN

Hot Stocks

09:08 EST Illumina, Synapse partner to evaluate large panel biomarker testing patterns - Syapse announced a partnership with Illumina aimed at assessing the real-world uptake and actionability of comprehensive genomic profiling in the community oncology health system setting. The work between Syapse and Illumina seeks to understand biomarker testing patterns and actionability of test results to inform clinical decision-making in the community health system setting as a first step toward facilitating improved clinical decision making. "It has become clear that the ability for all patients to receive personalized care via the application of real-world evidence is foundational in the global fight against cancer," said Dr. Phil Febbo, chief medical officer of Illumina. "The insights gleaned from this collaboration can help to make that a reality by improving clinical decision making, at both the provider and health system level and ultimately strengthening the delivery of precision oncology care."
BEN

Hot Stocks

09:08 EST Franklin Resources completes O'Shaughnessy Asset Management deal - Franklin Resources announced that it has completed its previously announced acquisition of O'Shaughnessy Asset Management, or OSAM, a quantitative asset management firm. Through this acquisition, Franklin Templeton adds to its offerings in the separately managed account industry.
VMAC AMZN

Hot Stocks

09:07 EST Anghami partners with Amazon Alexa for new interactive experience - Anghami (VMAC) s now providing users in KSA and UAE a seamless innovative experience by rolling out access to its skills in not only English but also in Arabic language through its partnership with Alexa, Amazon's (AMZN) smart assistant technology. Being among the first Arabic and English skills built for Alexa, Anghami aims to deliver a seamless localized music experience in a Khaleeji Arabic voice, as well as in English, embodying the rich Arab culture by optimizing the experience for both its Arabic and English-speaking users. These skills offer Anghami users in the UAE and KSA an enhanced interactive experience that allows them to play music that fits their mood, stream their favourite podcasts, listen to religious content and control millions of songs by simply conversing with Alexa using local pronunciations and intonation in both Arabic and English dialects. Customers with smart devices will simply need to connect their Anghami accounts to their Alexa device and start the conversation by saying "Alexa, start Anghami music" and the skill will welcome them providing a wide range of Arabic content available on the platform.
PLD

Hot Stocks

09:07 EST Prologis appoints Susan Uthayakumar as Chief Sustainability and Energy Officer - Prologis has appointed sustainability expert Susan Uthayakumar to the new role of Chief Sustainability and Energy Officer. Uthayakumar will lead the company's customer-focused sustainability and energy solutions business. Uthayakumar and her team will evaluate and scale both existing and emerging energy solutions across the Prologis platform. She will also partner with the company's environmental stewardship, social responsibility and governance, or ESG, team on strategy, progress, stakeholder engagement and related initiatives. Prior to joining Prologis, Uthayakumar was president of Schneider Electric's Sustainability Business Division. During her 16-year tenure with the company, she was instrumental in transforming Schneider Electric to a digital power and automation technology company by driving sustainability, efficiency and resiliency. Before that, she was CEO of Schneider Canada. Uthayakumar recently was recognized as a 2021 Environment+Energy Leader 100 Honoree for successfully delivering climate mitigation action to enterprise customers.
AJG

Hot Stocks

09:06 EST Arthur J. Gallagher acquires Risk Transfer Insurance Agency, terms undisclosed - Arthur J. Gallagher & Co. announced the acquisition of Orlando, Florida-based Risk Transfer Insurance Agency. Terms of the transaction were not disclosed. Founded in 2000, Risk Transfer Insurance Agency is a full-service commercial property/casualty agency and program administrator offering customized insurance solutions and risk management services for professional employer organizations and temporary staffing firms across Florida and throughout the U.S.
HYMTF

Hot Stocks

09:05 EST Hyundai Motor America reports total December sales of 53,340 units, down 23% y/y - Hyundai Motor America reported total December sales of 51,340 units, a 23% decrease compared with December 2020. Retail sales declined 11%. In the fourth quarter, Hyundai sold 152,446 total (-15%) and 148,169 retail (-5%) units.
FTAA

Hot Stocks

09:05 EST Pico acquires Redline Trading Solutions - Pico, a company that entered into a definitive agreement with special purpose acquisition company FTAC Athena Acquisition (FTAA), announced that it has acquired Redline Trading Solutions. "The acquisition marks a key milestone in Pico's vision to become a leading provider of technology, software, data and analytics solutions to the financial markets. The addition of Redline's high performance, multi-asset software solutions will provide access to a common API for global markets, both real-time and historical, delivered via Pico's global network," the company said. Financial terms of the transaction were not disclosed. Redline had previously been backed by GS Growth, the growth investing arm of Goldman Sachs.
GMAB

Hot Stocks

09:05 EST Genmab and Synaffix sign license agreement - Genmab and Synaffix have signed a license agreement providing Genmab broad access to Synaffix's ADC technologies. Genmab is granted exclusive research rights to utilize Synaffix ADC technologies for one drug target with the option for the worldwide development and commercialization of the resulting ADCs. Genmab has the option to exercise exclusive research and commercial licenses for additional targets. Genmab will be responsible for the research, development, manufacturing and commercialization of any resulting ADC therapies. At the same time, Synaffix will support Genmab's research activities, including manufacturing of components that are specifically related to its proprietary ADC technologies. Under the terms of the agreement, Synaffix will receive an upfront payment of $4.5M and, on a target-by-target basis, is eligible to receive option-exercise, development-, regulatory- and commercial milestone payments. The total potential deal value is $415M plus tiered, mid-single digit royalties on commercial sales.
BBY

Hot Stocks

09:04 EST Best Buy launches new advertising business, Best Buy Ads - Best Buy said in a statement: "That's why we're excited to announce Best Buy Ads, our new in-house media company that will help shoppers discover products, services, and offers. With our deep customer insights, we will partner with relevant brands in a variety of new and holistic ways, to provide meaningful messages at the right time. We interact with our customers three billion times a year - in our stores, in their homes, and online. These relationships last longer and run deeper than most. Knowing our customers on this level means we can help other brands cut through the clutter with advertising that won't waste our customers' time. With Best Buy Ads, we can show more of what interests our customers, when it interests them, and even help them save money. Whether a brand sells products at Best Buy or offers complementary products and solutions our customers need, we can help them reach their audience on our own channels and on external sites with a broad portfolio of offerings. We have spent the past few years building a business that can analyze the data from our customer relationships and recommend relevant ways to connect with customers based on cutting-edge data science and analytics. It's an innovative approach to advertising, in line with the innovative tech we sell. Just what you'd expect from Best Buy," said the company in a statement.
ABT

Hot Stocks

09:03 EST Abbott: FDA approves expanded MRA compatibility for Proclaim XR SCS system - Abbott announced that the U.S. FDA has approved new expanded magnetic resonance imaging compatibility for its Proclaim XR Spinal Cord Stimulation System with Octrode leads. The new labeling lifts MRI restrictions for lead tip location and the amount of radiofrequency power that can be used as part of the normal operating mode of an MRI scan. The expanded labeling covers the majority of Proclaim XR patients, providing additional benefits to those patients and their health care providers. Under the expanded MRI labeling, patients with a Proclaim XR SCS device can benefit from higher quality images with faster MRI scan times.
GMAB

Hot Stocks

09:03 EST Genmab, Synaffix enter license agreement for ADC technology - Genmab and Synaffix announced that Genmab and Synaffix have signed a license agreement providing Genmab broad access to Synaffix's ADC technologies. Genmab is granted exclusive research rights to utilize Synaffix ADC technologies for one drug target with the option for the worldwide development and commercialization of the resulting ADCs. Genmab has the option to exercise exclusive research and commercial licenses for additional targets. For each specific target nominated under the license agreement, Genmab gains exclusive access to Synaffix's clinical-stage GlycoConnect antibody conjugation technology, HydraSpac polar spacer technology, as well as select toxSYN linker-payloads, each designed to enable ADCs with best-in-class efficacy and tolerability for the development of multiple potential therapies. Genmab will be responsible for the research, development, manufacturing and commercialization of any resulting ADC therapies. Under the terms of the agreement, Synaffix will receive an upfront payment of $4.5M and, on a target-by-target basis, is eligible to receive option-exercise, development-, regulatory- and commercial milestone payments. The total potential deal value is $415M plus tiered, mid-single digit royalties on commercial sales.
COFS

Hot Stocks

09:02 EST ChoiceOne appoints Adom Greenland as CFO - The Board of Directors of ChoiceOne Financial Services, the parent company of ChoiceOne Bank, announced effective January 1, Adom J. Greenland, who currently serves as Secretary and COO of ChoiceOne and ChoiceOne Bank, will serve as Secretary, CFO and Treasurer of ChoiceOne and ChoiceOne Bank. Greenland replaced Thomas L. Lampen, Senior Vice President and CFO, upon his retirement effective December 31, 2021. Greenland, a Certified Public Accountant, has been a Senior Vice President of ChoiceOne Bank since November 2015 and a Vice President of ChoiceOne Bank since 2013. He currently serves as Secretary and Chief Operating Officer. Prior to his employment with ChoiceOne, Greenland was a Senior Manager with PricewaterhouseCoopers, a global accounting and consulting firm.
CRSR

Hot Stocks

09:02 EST Corsair Gaming launches CORSAIR ONE i300 - CORSAIR announced the new CORSAIR ONE i300 range of compact desktop PCs, the latest in the ORSAIR ONE lineup. This powerhouse system takes advantage of the latest 12th Gen Intel Core processors, debuting with a formidable Intel Core i9-12900K. Replete with an assortment of premium CORSAIR components - including VENGEANCE DDR5 memory - in an unbelievably small form-factor, the CORSAIR ONE i300 is the premier choice for PC gaming, creative applications, and more.
DIIBF

Hot Stocks

09:01 EST Dorel Industries announces normal course issuer bid - Dorel also announced that the TSX has approved Dorel's normal course issuer bid. Under the NCIB, Dorel may purchase for cancellation a maximum of 1,891,222 Class B Shares, representing 10% of the 18,912,225 Class B Shares forming the public float. The shares may be purchased through the facilities of the TSX and on alternative trading systems in Canada over the twelve-month period from January 6, 2022 to January 5, 2023. As of December 24, 2021, Dorel had 28,359,191 Class B Shares issued and outstanding. Any shares purchased by Dorel under the NCIB will be at the market price of the shares at the time of such purchases. The actual number of Class B Shares that may be purchased and the timing of any such purchases will be determined by Dorel. Any purchases made by Dorel pursuant to the NCIB will be made in accordance with the rules and policies of the TSX. During the six months ended November 30, 2021, the average daily trading volume for Dorel's Class B Shares on the TSX was 111,724 shares. Consequently, under the policies of the TSX, Dorel will have the right to repurchase during any one trading day a maximum of 27,931 Class B Shares, representing 25% of the average daily trading volume. In addition, Dorel may make, once per calendar week, a block purchase of shares not directly or indirectly owned by insiders of Dorel, in accordance with the policies of the TSX. Dorel has not repurchased any Class B Shares during the last twelve months. The Board of Directors of Dorel believes that, at appropriate times, repurchasing its shares through the NCIB represents a good use of Dorel's financial resources, as such action can protect and enhance shareholder value when opportunities arise. To the knowledge of Dorel, no director or senior officer and no person acting jointly or in concert with Dorel currently intends to sell shares during the NCIB. However, sales by such persons through the facilities of the TSX may occur if any such person makes a decision unrelated to the NCIB. The benefits to any such person whose shares are purchased would be the same as the benefits available to all other shareholders whose shares are purchased under the NCIB. In connection with the NCIB, Dorel has entered into an automatic share purchase plan with BMO, Nesbitt Burns Inc. in order to allow for purchases under the NCIB during Dorel's "black-out" periods, as permitted by the TSX Company Manual and the Securities Act.
DIIBF

Hot Stocks

08:59 EST Dorel Industries declares special dividend of $12.00 per share - Dorel also announced that its Board of Directors has declared a special dividend of US $12.00 per share on Dorel's outstanding Class B Subordinate Voting Shares and Class A Multiple Voting Shares, representing an aggregate amount of approximately US $390 million. The special dividend will be payable on February 1, 2022 to shareholders of record as at the close of business on January 18, 2022. The full amount of the special dividend is designated as an eligible dividend for purposes of section 89(1) of the Income Tax Act. The Toronto Stock Exchange has determined to implement its "due bill" trading procedures with respect to Dorel's special dividend of US $12.00 per share. Due bills are entitlements which attach to listed securities undergoing certain material corporate events, including a cash dividend in an amount equal to or greater than 25% of the market value of the underlying listed securities. In the case of Dorel's special dividend, due bills represent entitlement to the cash amount of US $12.00 per share. For trading purposes, due bills will attach to Dorel's Class B Shares and Class A Shares from the opening of business on Monday, January 17, 2022, being the first trading day prior to the record date of Tuesday, January 18, 2022, until the payment date of Tuesday, February 1, 2022, inclusively, so that Dorel's shares will carry the value of the special dividend until the dividend has been paid. Dorel's Class B Shares and Class A Shares will commence trading on an "ex-dividend" basis on Wednesday, February 2, 2022, as of which date purchasers of the shares will no longer have an attaching entitlement to payment of the special dividend. The due bill redemption date will be February 3, 2022.
HEPS

Hot Stocks

08:59 EST Hepsiburada's Hepsipay partners with Istanbul's Belbim/Istanbulkart - Hepsipay, the digital open wallet of Turkish e-commerce platform Hepsiburada, announced an agreement with the Istanbul Metropolitan Municipality's Belbim/Istanbulkart, which will enable approximately 20M active Istanbulkart users to shop easily on the Hepsiburada platform without the need for any other bank or credit card. Belbim's Istanbulkart is a contactless pre-paid card for public transportation payment and customers who hold one will now be able to use their account balance to purchase goods on Hepsiburada. This service will operate through the Hepsipay Wallet, which offers customers the opportunity to meet all their needs with innovative payment solutions and services such as multi-credit card payment, online shopping credit, charge to billing and secure payment. This agreement will help to bring the e-commerce experience to a broader audience in Turkey, in line with Hepsiburada's vision of leading digitalization of commerce. By enabling alternative payment options, Hepsiburada keeps enhancing the customer experience and opens up its platform to customers without access to traditional banking services. Hepsiburada's collaboration with Istanbul Metropolitan Municipality is expected to be operational in first quarter of 2022.
DIIBF

Hot Stocks

08:58 EST Dorel Industries completes sale of sports segment to Pon Holdings for $810M - Dorel Industries announced that it has completed the previously-announced sale of Dorel Sports, its bicycle segment, to Pon Holdings B.V., a Dutch mobility group, for US $810 million, representing approximately CAD $1.03 billion. At closing, Dorel received net proceeds from the sale of approximately US $735 million, which Dorel will use for payment of a special dividend of US $12.00 per share described below and to reduce indebtedness. The transaction consisted of the sale by Dorel of 100% of the shares of its indirect wholly-owned subsidiary companies comprising Dorel Sports as well as certain related assets.
SSNC

Hot Stocks

08:56 EST SS&C to acquire business and assets related to O'Shares ETFs - SS&C Technologies Holdings announced it has entered into a definitive agreement to acquire the business and assets related to O'Shares ETFs. The acquisition price was not disclosed. The transaction with O'Shares ETFs will expand offerings of SS&C ALPS Advisors, SS&C's wholly owned asset manager. Under SS&C's ownership, O'Shares ETFs will continue to focus on wealth preservation, income and capital appreciation, leveraging SS&C ALPS Advisors' broad distribution capabilities. O'Shares Investment Advisers will provide SS&C ALPS Advisors with continued use of the current ETF indexes under license agreements and provide ongoing marketing support of the ETFs. The transaction requires the approval of the Boards of Trustees of OSI ETF Trust and ALPS ETF Trust and of the O'Shares funds' shareholders at a shareholders' meeting to be announced.
FNGR

Hot Stocks

08:51 EST FingerMotion retains Skyline Corporate to provide investor relations services - FingerMotion announces that it has recently retained the services of Skyline Corporate Communications Group to manage its investor relations and corporate communications activities within the financial community. Martin Shen, CEO of FingerMotion, commented, "Our Nasdaq listing along with our robust operating activities, growth objectives, and expected corporate milestones prompted FingerMotion to select Skyline as our investor relations representative. We believe that Skyline's strong reputation, communications strategies, methodologies, and standards are an excellent pairing for us as we enter into a growth phase for the Company, and we want to have a skilled partner working closely with us when communicating our message to the investing public."
ORBT

Hot Stocks

08:50 EST Orbit International completes acquisition of Panel Products - Orbit International has completed its previously announced acquisition of the assets and business of Panel Products, a Carson, CA based company founded by Nabil Radi in 1999. The transaction valued Panel at approximately $6,500,000, subject to adjustment, with $4,000,000 of the purchase price paid in cash at closing, an aggregate of up to $1,200,000 in performance related payments payable at the end of 2022 and 2023, and the issuance to Panel of a 19.9% ownership interest in SPS. The cash payment at closing was funded substantially from Orbit's cash on hand. In connection with the acquisition, SPS entered into a three-year employment agreement with Mr. Radi to serve as its President. The agreement is subject to a three-year extension at the option of Mr. Radi. In addition, prior to its expiration, the agreement may be terminated by either party under certain circumstances. Upon the conclusion of Mr. Radi's employment agreement with SPS, Orbit is obligated to purchase Panel's 19.9% interest in SPS for a minimum of $1,300,000, which amount may be increased by a pre-determined formula based on the future operating results of SPS. For the last two fiscal years, Panel recorded average revenues in excess of $5,000,000 with profitability that would have been materially accretive to Orbit's earnings. In addition, SPS will enter 2022 with a backlog acquired from Panel in excess of $3,000,000.
QUBT IPWR

Hot Stocks

08:50 EST Quantum Computing appoints Turmelle to board of directors - Quantum Computing (QUBT) has appointed Michael Turmelle to serve on the company's board of directors. "Turmelle brings years of public company executive experience, as well as an extensive background in finance and operations in technology-based companies," the company said. Prior to joining QCI's board, Turmelle was appointed Chairman of the Board for Ideal Power (IPWR)
NOTV

Hot Stocks

08:49 EST Inotiv, Synexa sign LOI to establish center of excellence for biotherapeutics - Inotiv and Synexa Life Sciences jointly announced that they intend to form a collaboration that will accelerate Inotiv's development of biomarkers essential to the understanding of safety and efficacy of novel biotherapeutics, enhancing the Company's core preclinical discovery and safety assessment services. This collaboration will provide Synexa with further international expansion of its clinical biomarker and bioanalytical offering. Under this commercial collaboration, Synexa will support Inotiv in developing and delivering comprehensive GLP biomarker and biotherapeutics bioanalytical services, and Synexa will lease laboratory space at Inotiv's Rockville, MD, site to establish U.S. operations.
VIRT

Hot Stocks

08:48 EST Virtu Financial commences marketing of senior secured first lien term loan - Virtu Financial announced that its subsidiaries commenced marketing of a $1.8B senior secured first lien term loan due in 2029. The proceeds of the Term Loan will be used to repay its existing senior secured term loan in connection with a refinancing of its existing credit facilities, to fund share repurchases under the Company's authorized repurchase program and for general corporate purposes. The Term Loan will be guaranteed by Virtu Financial LLC, a subsidiary of the Company, and certain of its subsidiaries.
QUBT

Hot Stocks

08:48 EST Quantum Computing appoints McGann as COO, CTO - Quantum Computing has appointed William McGann, Ph.D. as Chief Operating and Technology Officer, COO/CTO, responsible for technical and product engineering. He will lead QCI's ready-to-run quantum software initiatives as the company enhances its quantum optimization software with powerful innovation. McGann previously served on QCI's board of directors. McGann brings over 30 years of executive leadership, technology, and science experience. McGann will be responsible for QCI's technology innovation and product engineering. In this role, he will be charged with overseeing and managing QCI's technology development and research efforts.
DRTT

Hot Stocks

08:47 EST Dirtt Environmental calls activist action 'unnecessary' - DIRTT Environmental Solutions provided an update regarding the requisition made by an activist investor, 22NW Fund, LP, and reiterates that notwithstanding its concerns regarding the Activist's conduct, the committee of its independent directors tasked with reviewing and considering the Requisition remains committed to engaging in discussions with the Activist regarding this unnecessary proxy fight. The company said, "On December 23, 2021, the Activist filed with the U.S. Securities and Exchange Commission a preliminary proxy statement on Schedule 14A, which contained numerous statements that the Company believes are inaccurate or misleading, including but not limited to the following: The Preliminary Proxy Statement asserts that, on November 12, 2021, the board of directors of the Company "declined to appoint Mr. English" to the Board. On such date, two members of the Board reiterated to Mr. English that the Board would consider his candidacy in February 2022 consistent with its customary review and selection process for director nominees for election at an annual general meeting, and such directors offered to send to Mr. English a form of standstill agreement that they believed would be required by the Company in connection with any appointment of Mr. English to the Board. The Preliminary Proxy Statement asserts that, on October 11, 2021, Mr. English participated in a telephone call with the Board Chair to "reiterate his concerns about the Company's governance". 22NW's statement that the telephone call was to reiterate Mr. English's "concerns about the Company's governance" is misleading and fails to disclose that Mr. English's sole concern on the call was his potential appointment to the Board. The Preliminary Proxy Statement asserts that, on March 8, 2021, representatives of 22NW participated in a "Cost of Ownership" tool demonstration and had been invited with other DIRTT shareholders to also participate in the demonstration. 22NW's statement that "other DIRTT shareholders" were invited "to also participate in the demonstration" is false. The statement fails to note that 22NW and the Company agreed to invite exactly one other DIRTT shareholder, which is materially different than the statement that "other DIRTT shareholders" were invited to participate. Furthermore, such shareholder is the subject of a complaint submitted by the Company to the Alberta Securities Commission, which complaint alleges that such shareholder is acting jointly or in concert with 22NW. The Preliminary Proxy Statement also discloses the trading activity in DIRTT stock by the Activist, Mr. English and certain employees of the Activist during the past two years. These trades raise significant concerns regarding whether 22NW has complied with various disclosure and reporting obligations under Canadian and US securities laws. The Company has raised these issues with the Alberta Securities Commission, including apparent breaches by 22NW of certain provisions under the alternative monthly reporting regime of Canadian securities laws. The Company has shared these concerns with the Activist. These most recent regulatory concerns are in addition to those previously identified, including that the Company shareholders have not been provided with full and fair disclosure concerning relationships amongst the Activist and certain other shareholders, their coordinated trading activities, their joint plans, and the extent of their influence and control. The Board is raising concerns about the Activist's activities and disclosures because they raise fundamental issues with respect to the protection of DIRTT's minority shareholders and the equal treatment of our shareholders, and in order to ensure that shareholders have accurate and complete information to make informed decisions...As previously disclosed, the Company has advised the Activist that it remains committed to negotiations that benefit ALL shareholders, but will only resume such negotiations in good faith and not through press releases. Accordingly, counsel to the Company once again informed counsel to the Activist this morning that the Special Committee is prepared to have discussions with the Activist on a without prejudice basis."
SPRC

Hot Stocks

08:46 EST SciSparc awarded patent related to cannabinoids and n-acylethanolamines - SciSparc announces that the U.S. Patent and Trademark Office has granted the company the U.S. Patent No. 11,207,290, titled combinations of cannabinoids and n-acylethanolamines. The invention relates to "Pharmaceutical compositions comprising cannabinoids and N-acylethanolamines, and methods for their use in preventing and treating a variety of cannabinoid-treatable conditions." This is SciSparc's fourth granted patent in the U.S. Recently, the Company announced it has been granted the same patent in Australia and Japan.
ABIO

Hot Stocks

08:46 EST ARCA Biopharma announces data published on Gencaro - ARCA biopharma announced that the paper entitled "Dose Limiting, Adverse Event Associated Bradycardia with beta-blocker Treatment of Atrial Fibrillation in the GENETIC-AF Trial" has been published in Heart Rhythm O2, a publication of the Hearth Rhythm Society. The paper details an analysis that examined the prevalence of bradycardia and its association with adverse events and failure to achieve target dose in the GENETIC-AF Phase 2b clinical trial. The 267-patient GENETIC-AF clinical trial tested the hypothesis that pharmacogenetic inhibitory targeting of the higher function, 389 arginine variant of the beta1-adrenergic receptor by Gencaro would be more effective in preventing AF than inhibition by metoprolol succinate, a beta blocker without differentiated effects for the ADRB1 Arg389Gly polymorphism. Additional analyses determined that mean HR in sinus rhythm was 62.6 +/- 12.5 bpm for metoprolol and 68.3 +/- 11.1 bpm for Gencaro, but in AF HRs were not different. On multivariate analysis of 21 candidate bradycardia predictors including presence of a device with pacing capability, Gencaro treatment was associated with the greatest degree of prevention.
NNDM

Hot Stocks

08:45 EST Nano Dimension sells DragonFly IV 3D-AME System to Western Defense Force - Nano Dimension announced that it has sold yet another DragonFly IV 3D-AME Printer and FLIGHT Applications Software package, both first released in mid-November 2021, to a leading Western Defense Force.
STWD

Hot Stocks

08:44 EST Starwood and Morningstar announce joint venture - Starwood Real Estate Income Trust, a non-listed REIT managed by a subsidiary of Starwood Capital Group, and Morningstar Properties, a leading owner and operator of self-storage facilities under the Morningstar Storage brand, announced the formation of a joint venture to own and operate high-quality stabilized assets in the self-storage sector. The joint venture includes the recapitalization of 25 assets owned by Morningstar owned and managed funds, as well as a commitment of capital to continue acquiring assets in the sector under the Morningstar brand. The seed portfolio for the newly formed venture includes 1.8 million square feet of storage space located throughout the Sun Belt region, which is experiencing significant population, employment and income growth. The joint venture will seek to capitalize on favorable sector and regional trends through acquisition of high-quality portfolios and one-off assets. Morningstar was advised by Eastdil Secured on the recapitalization of the seed portfolio and formation of this venture.
TRHC

Hot Stocks

08:44 EST Tabula Rasa HealthCare renews contract with Evernorth - Tabula Rasa HealthCare announced a five-year contract renewal with Evernorth, to expand use of TRHC's Medication Therapy Management, or MTM, programs and other clinical services. Evernorth renews contract and expands use of TRHC's Medication Therapy Management programs and other clinical servicesThe new agreement expands upon THRC's previous 10 year relationship with Express Scripts PBM, which is part of the Evernorth portfolio. TRHC's technology can identify medication risk for individual patients or across patient populations by combining patient-specific, clinical and pharmacology data to identify which patients or populations are at high risk for Adverse Drug Events and require more immediate medication management attention. Under the new agreement, Evernorth will continue to deliver TRHC's MTM services to millions of Medicare Part D, Medicaid, and commercial health plan members. Additionally, TRHC will provide Evernorth and Express Scripts PBM with expanded face-to-face and digital models to improve member engagement and satisfaction through the addition of TRHC's network of more than 18,000 pharmacies.
STWD

Hot Stocks

08:44 EST Starwood and Morningstar announce joint venture - Starwood Real Estate Income Trust, a non-listed REIT managed by a subsidiary of Starwood Capital Group, and Morningstar Properties, a leading owner and operator of self-storage facilities under the Morningstar Storage brand, announced the formation of a joint venture to own and operate high-quality stabilized assets in the self-storage sector. The joint venture includes the recapitalization of 25 assets owned by Morningstar owned and managed funds, as well as a commitment of capital to continue acquiring assets in the sector under the Morningstar brand. The seed portfolio for the newly formed venture includes 1.8 million square feet of storage space located throughout the Sun Belt region, which is experiencing significant population, employment and income growth. The joint venture will seek to capitalize on favorable sector and regional trends through acquisition of high-quality portfolios and one-off assets. Morningstar was advised by Eastdil Secured on the recapitalization of the seed portfolio and formation of this venture.
TENX

Hot Stocks

08:44 EST Tenax Therapeutics provides update on TNX-102, TNX-103, TNX-201 programs - Tenax Therapeutics provided patent and clinical program updates for its two lead product candidates, TNX-103 for the treatment of pulmonary hypertension associated with left heart failure, and TNX-201 for the treatment of pulmonary arterial hypertension, PAH. TNX-102 Intellectual Property Update. Tenax Therapeutics has received a Notice of Allowance from the United States Patent and Trademark Office for the subcutaneous administration of levosimendan. The patent, expected to be issued in January 2022, will provide coverage of subcutaneous administration of levosimendan for the treatment of human subjects with health conditions of any kind, and expires at the end of 2039, exclusive of any patent term extension. TNX-103 Program Update: Successful Completion of TNX-LVO-05 Substudy to Transition Patients from IV to Oral Levosimendan. Tenax Therapeutics announced the completion of the transition from intravenous to oral levosimendan of those patients currently enrolled in the open label extension rollover study, following their enrolment in the Phase 2 HELP trial. These patients with PH-HFpEF, having previously received weekly infusions of levosimendan for up to two years, were able to transition to oral levosimendan in this substudy, to continue treatment. TNX-201 Program Update: Plan to Initiate Phase 3 trial in 2H 2022. Tenax Therapeutics is modifying the TNX-201 formulation to help ensure optimal efficacy and tolerance in the upcoming Phase 3 trial. Therefore, Tenax Therapeutics anticipates starting the Phase 3 trial in PAH in 2H 2022. In preparation for the Phase 3 trial of TNX-201, Tenax Therapeutics also announced today that it has selected a large, global CRO partner with worldwide delivery capabilities.
PNT

Hot Stocks

08:42 EST Point Biopharma appoints Matthew Vincent as SVP, business development - POINT Biopharma Global announced the appointment of Matthew Vincent, Ph.D., J.D., as Senior Vice President, Business Development. Dr. Vincent brings more than 25 years of pharma business development experience through a variety of partnering, licensing, and M&A transactions and will lead licensing activities for POINT, with a focus on expansion into the Asian markets and strategic partnerships to fully realize the potential of POINT's pan-cancer targeting technologies. Vincent was most recently Senior Vice President, Business Development at Avacta Life Sciences Ltd., a clinical stage oncology drug company based in London, UK and Boston, MA which develops novel cancer immunotherapies.
FELE

Hot Stocks

08:41 EST Franklin Electric acquires Blake Group Holdings for $27.1M in cash - Franklin Electric announced that on December 31, 2021 its wholly owned subsidiary Headwater Companies, LLC acquired Blake Group Holdings, Inc., a Connecticut corporation, for $27.1 million in cash. Blake is a professional groundwater distributor operating fourteen locations throughout the northeast United States. Blake has approximately $74 million of consolidated annual sales.
IDT

Hot Stocks

08:40 EST National Retail Solutions launches NRS eWIC - National Retail Solutions announced the introduction of NRS eWIC, a breakthrough eWIC payment processing service purpose-built for the independent retailer. WIC is the Supplemental Nutrition Program for Women, Infants and Children, a federal program administered by the states to provide healthy food to nutritionally at-risk pregnant women and new mothers, infants and young children. Across the country, states are migrating their distribution of WIC benefits from paper vouchers to electronic benefit transfer cards. Retail stores must operate a state-certified eWIC processing service in order to accept WIC payments.
ENTX

Hot Stocks

08:39 EST Entera Bio announces conclusion of EB613 End-of-Phase 2 meeting with FDA - Entera Bio announced it has concluded its End-of-Phase 2 meeting with the U.S. Food and Drug Administration, FDA, on EB613, its oral formulation of human parathyroid hormone, or PTH, for the treatment of osteoporosis and defined the path for Phase 3 development of EB613, confirming that a fracture study will not be necessary and that lumbar spine BMD at 12 months can be the primary endpoint. The meeting followed completion of its Phase 2 clinical trial, which met its endpoints. Based on FDA feedback at the meeting, Entera is currently proceeding with its plans for a Phase 3 registration study of EB613 this year. The FDA confirmed that a comparison of Entera's EB613 dosed at 2.5 mg versus subcutaneous PTH with a lumbar spine BMD increase at 12 months as the primary endpoint for the trial would be acceptable
ABML

Hot Stocks

08:38 EST American Battery hires third-party board services firm for vetting process - American Battery Technology Company released a letter to shareholders from Chief Executive Officer and Chief Technology Officer Ryan Melsert. The letter read in part, On behalf of the team at American Battery Technology Company, I hope that you have had an eventful and prosperous 2021. This has certainly been the case for us over the past twelve months as we now look forward and commence 2022 operations. About a year ago, the global automotive industry started to show a tepid interest in a transition to an electric propulsion based transportation economy, and since then that initial interest has grown to a groundswell of momentum that has resulted in a paradigm shift with virtually all major automotive original equipment manufacturers, as well as government agencies and investment institutions, embracing the transition and devoting unprecedented resources towards its implementation. While this led to immediate announcements of hundreds of new and existing vehicle factories being devoted to the manufacturing of electric vehicles, and of hundreds of new battery cell factories being constructed globally, unfortunately this momentum did not carry over to significantly grow the manufacturing capacity of the upstream battery metals and their refineries needed in order to supply this wave of new demand. As such, we are in a position where the committed demand for these battery metals from the electric vehicle and battery cell factories already under construction is far greater than the global capacity of all battery metal manufacturing facilities combined... As announced in August, our founder-stage board members will not be running for re-election, allowing us the opportunity to build a new well-balanced board of directors in alignment with our corporate mission. This is an effort I take very seriously, and over the past four months we have been able to interview more than 30 prospective candidates for these board seats. The majority of these candidates are current or former executives or board members at the automotive OEMs, at global chemical companies, at institutional investment and/or ESG-based firms, are former members of federal or state governments, or are industry experts in key fields of research. While I have always felt our company mission and position in the industry are compelling, it is still inspiring that after hearing our technology roadmap and business plans effectively every one of these candidates has accepted our offer to be considered for a seat. The nominations of our board members are too important to be decided by a single individual, so we have hired a third-party board services firm to perform a vetting process, including conflicts of interest and background checks, on each of the downselected candidates. Once these final candidates are vetted and nominated, the full dossiers prepared for each nominated board member will be sent to all shareholders as part of the announcement of our annual shareholders meeting, at which each nominated candidate will be voted upon by the shareholders. We have hired a separate third-party firm to host and manage the voting for the annual shareholder meeting, and the date of this meeting will be announced once the board candidate vetting processes are complete. While this is a time-consuming process, the establishment of our new board of directors is a critical factor in driving company success and ensuring proper corporate governance. It has been just over four months since I was appointed the CEO of ABTC, and I still wake up each morning humbled by the confidence you have placed in me, awestruck by the opportunity at our fingertips, and steadfast to help drive this company to its goals."
UTZ

Hot Stocks

08:38 EST Utz reports IRI MULO-C retail sales for the 4-week, 12-week Dec. 26-end - Utz Brands reported IRI MULO-C retail sales for the 4-week and 12-week periods ended December 26. The Company is providing this interim update of Utz's retail sales trends to correct inaccurately low previously reported syndicated data for these periods due to missing new items. For the 4-week period ended December 26, the Company's retail sales as measured by IRI MULO-C increased 14.2% versus the same period last year and increased 11.2% on a two-year CAGR basis versus the same period in 2019. For the 12-week period ended December 26, 2021, the Company's retail sales as measured by IRI MULO-C increased 11.2% versus the same period last year and increased 10.5% on a two-year CAGR basis versus the same period in 2019.
ACHV

Hot Stocks

08:37 EST Achieve Life Sciences completes last subject in Phase 3 ORCA-2 trial - Achieve Life Sciences announced that the last study follow-up visit for the last subject enrolled in the ORCA-2 Phase 3 trial occurred in late December 2021.The ORCA-2 trial is the first Phase 3 trial in Achieve's ORCA, Ongoing Research of Cytisinicline for Addiction, Program, designed to evaluate the smoking cessation effectiveness, safety, and tolerability of 3 mg cytisinicline taken three times daily for either 6 or 12 weeks, compared with placebo.Topline data regarding the primary results are expected in the second quarter of 2022. Achieve's second cytisinicline Phase 3 registrational clinical trial, ORCA-3, is expected to initiate enrollment of approximately 750 adult cigarette smokers in the first quarter of 2022.
WKHS

Hot Stocks

08:35 EST Workhorse Group appoints Robert Ginnan as CFO - Workhorse announced the appointment of Robert Ginnan as Chief Financial Officer, CFO, effective January 4, 2022. Ginnan succeeds Greg Ackerson who had been serving as the Company's Interim CFO since September. Ackerson will help with Ginnan's transition before reassuming his role as Workhorse's Corporate Controller and Principal Accounting Officer. Ginnan comes to Workhorse with 20 plus years of senior finance and leadership experience, having most recently served as the CFO for privately held Family RV Group.
MCHP

Hot Stocks

08:35 EST Microchip announces MPLAB ICE 4 programming, debugging tool - Embedded engineers seeking complete analysis of projects for rapid development require easy-to-use yet powerful emulation hardware. Microchip Technology announced the MPLAB ICE 4 next-generation full in-circuit emulator, debugging and programming development tool for the company's PIC and AVR microcontrollers, dsPIC digital signal controllers, and SAM MCUs and microprocessors. The MPLAB ICE 4 In-Circuit Emulator is Microchip's fastest and most feature-rich emulation and programming tool for its MCUs and MPUs, debugging and programming with the powerful, easy-to-use graphical user interface of MPLAB X Integrated Development Environment. The MPLAB ICE 4 In-Circuit Emulator provides a flexible development experience including advanced debugging capabilities to write power-efficient code coupled with all the features needed to reduce debugging time.
PANW ORAN

Hot Stocks

08:34 EST Palo Alto Networks names Helmut Reisinger as CEO for EMEA, LATAM - Palo Alto Networks (PANW) announced the appointment of Helmut Reisinger to the position of CEO for Europe, the Middle East and Africa and Latin America. An internationally recognized business leader, as CEO of Orange Business Services (ORAN), Reisinger led a global organization of 28,000 employees supporting the digital transformation of enterprise customers around the world. Before joining Orange Business Services in 2007, Reisinger held leadership positions across Europe at Avaya Inc, NextiraOne Germany and Alcatel Austria.
TRHC

Hot Stocks

08:34 EST Tabula Rasa HealthCare renews contract with Evernorth - Tabula Rasa HealthCare announced a five-year contract renewal with Evernorth, to expand use of TRHC's Medication Therapy Management, or MTM, programs and other clinical services. Evernorth renews contract and expands use of TRHC's Medication Therapy Management programs and other clinical servicesThe new agreement expands upon THRC's previous 10 year relationship with Express Scripts PBM, which is part of the Evernorth portfolio. TRHC's technology can identify medication risk for individual patients or across patient populations by combining patient-specific, clinical and pharmacology data to identify which patients or populations are at high risk for Adverse Drug Events and require more immediate medication management attention. Under the new agreement, Evernorth will continue to deliver TRHC's MTM services to millions of Medicare Part D, Medicaid, and commercial health plan members. Additionally, TRHC will provide Evernorth and Express Scripts PBM with expanded face-to-face and digital models to improve member engagement and satisfaction through the addition of TRHC's network of more than 18,000 pharmacies.
CNDT

Hot Stocks

08:34 EST Conduent announces agreement to sell Midas Suite to symplr for $340M in cash - Conduent announced a definitive agreement to sell its Midas Suite of Solutions to symplr, a company backed by Clearlake Capital Group and Charlesbank Capital Partners. The sale, for $340M in cash, consists of the Midas suite of patient safety, quality, and advanced analytics solutions, including DataVision and Statit, supporting approximately 2,200 healthcare facilities. The transaction is expected to close in the first quarter of 2022, subject to the satisfaction of customary closing conditions and regulatory approvals. "As part of our strategy to streamline our portfolio, we consider divestitures of select businesses in order to enhance shareholder and client value," said Cliff Skelton, Conduent President and CEO. "We believe this is a mutually beneficial transaction which will allow us to advance our capital allocation priorities. We are focused on providing a seamless transition for our associates and clients and are committed to delivering robust business process solutions to all industries, including the healthcare industry."
CNDT

Hot Stocks

08:34 EST symplr to acquire Midas Health Analytic Solutions from Conduent - symplr, a company backed by Clearlake Capital Group and Charlesbank Capital Partners, announced that it has agreed to acquire Midas Health Analytics Solutions from Conduent Incorporated. The transaction is expected to close in the Q1, subject to the satisfaction of customary closing conditions and regulatory approvals. Midas Health Analytics Solutions leverage a data warehouse with over 100 million claims and 30,000+ indicators as well as comparative data from approximately 800 hospitals. Sidley Austin provided legal counsel for symplr and Holland & Knight provided legal counsel for Conduent.
TRHC

Hot Stocks

08:34 EST Tabula Rasa HealthCare renews contract with Evernorth - Tabula Rasa HealthCare announced a five-year contract renewal with Evernorth, to expand use of TRHC's Medication Therapy Management, or MTM, programs and other clinical services. Evernorth renews contract and expands use of TRHC's Medication Therapy Management programs and other clinical servicesThe new agreement expands upon THRC's previous 10 year relationship with Express Scripts PBM, which is part of the Evernorth portfolio. TRHC's technology can identify medication risk for individual patients or across patient populations by combining patient-specific, clinical and pharmacology data to identify which patients or populations are at high risk for Adverse Drug Events and require more immediate medication management attention. Under the new agreement, Evernorth will continue to deliver TRHC's MTM services to millions of Medicare Part D, Medicaid, and commercial health plan members. Additionally, TRHC will provide Evernorth and Express Scripts PBM with expanded face-to-face and digital models to improve member engagement and satisfaction through the addition of TRHC's network of more than 18,000 pharmacies.
TRHC

Hot Stocks

08:34 EST Tabula Rasa HealthCare renews contract with Evernorth - Tabula Rasa HealthCare announced a five-year contract renewal with Evernorth, to expand use of TRHC's Medication Therapy Management, or MTM, programs and other clinical services. Evernorth renews contract and expands use of TRHC's Medication Therapy Management programs and other clinical servicesThe new agreement expands upon THRC's previous 10 year relationship with Express Scripts PBM, which is part of the Evernorth portfolio. TRHC's technology can identify medication risk for individual patients or across patient populations by combining patient-specific, clinical and pharmacology data to identify which patients or populations are at high risk for Adverse Drug Events and require more immediate medication management attention. Under the new agreement, Evernorth will continue to deliver TRHC's MTM services to millions of Medicare Part D, Medicaid, and commercial health plan members. Additionally, TRHC will provide Evernorth and Express Scripts PBM with expanded face-to-face and digital models to improve member engagement and satisfaction through the addition of TRHC's network of more than 18,000 pharmacies.
STWD

Hot Stocks

08:34 EST Starwood and Morningstar announce joint venture - Starwood Real Estate Income Trust, a non-listed REIT managed by a subsidiary of Starwood Capital Group, and Morningstar Properties, a leading owner and operator of self-storage facilities under the Morningstar Storage brand, announced the formation of a joint venture to own and operate high-quality stabilized assets in the self-storage sector. The joint venture includes the recapitalization of 25 assets owned by Morningstar owned and managed funds, as well as a commitment of capital to continue acquiring assets in the sector under the Morningstar brand. The seed portfolio for the newly formed venture includes 1.8 million square feet of storage space located throughout the Sun Belt region, which is experiencing significant population, employment and income growth. The joint venture will seek to capitalize on favorable sector and regional trends through acquisition of high-quality portfolios and one-off assets. Morningstar was advised by Eastdil Secured on the recapitalization of the seed portfolio and formation of this venture.
CPXWF

Hot Stocks

08:33 EST Capital Power announces six-year tolling agreement extension - Capital Power Corporation announced the execution of a 6-year tolling agreement extension through October 2031 for its Arlington Valley facility with the current counterparty. Arlington is a 600-megawatt natural gas-fired combined cycle facility located west of Phoenix, Arizona that began commercial operations in 2002 and was acquired by Capital Power in late 2018.
OBNNF

Hot Stocks

08:33 EST Osisko Mining appoints Pascal Simard as VP, exploration - Osisko Mining announced that Mr. Pascal Simard has been promoted to the position of Vice-President Exploration, where he will manage all exploration activities of the corporation. Pascal joined Osisko Mining Inc. in 2016 and most recently held the position of Director of Exploration where he contributed to the development of the company projects portfolio, including Windfall and regional exploration on Urban-Barry.
HCA

Hot Stocks

08:32 EST HCA Healthcare purchases MD Now Urgent Care centers in FL, no terms - HCA Healthcare announced it has purchased MD Now Urgent Care, a network of 59 urgent care centers in Florida. The transaction significantly expands HCA Healthcare's reach as one of the nation's leading providers of urgent care, currently operating more than 170 clinics across 19 markets. MD Now is the largest urgent care provider in Florida. "The addition of MD Now Urgent Care in Florida enhances our already strong capabilities in a rapidly growing state by providing convenient outpatient care options for our patients," said Sam Hazen, HCA Healthcare's chief executive officer. "It also connects MD Now patients to a comprehensive statewide network of care, including acute care and specialty services should they be needed." The acquisition of these MD Now centers, combined with the November announcement of HCA Healthcare's plans to build three additional hospitals in the state, will enhance HCA Florida Healthcare's ability to offer patient-centered, high-quality care to more Floridians and meet the growing need for healthcare services in the state. HCA Florida Healthcare currently serves 6.4 million patients each year at more than 400 affiliated sites of care across Florida. HCA Florida Healthcare has a long history of investing in Florida, including a major capital investment initiative of approximately $3 billion spent over the last three years. This includes the $360 million HCA Florida University Hospital and existing facility renovations across the state to accommodate new, advanced equipment. As a tax-paying entity, HCA Florida Healthcare has also supported local communities with more than $957 million in state taxes over the past three years. The transaction was completed at the end of 2021. The terms of the transaction were not disclosed.
TRHC

Hot Stocks

08:32 EST Tabula Rasa HealthCare renews contract with Evernorth - Tabula Rasa HealthCare announced a five-year contract renewal with Evernorth, to expand use of TRHC's Medication Therapy Management, or MTM, programs and other clinical services. Evernorth renews contract and expands use of TRHC's Medication Therapy Management programs and other clinical servicesThe new agreement expands upon THRC's previous 10 year relationship with Express Scripts PBM, which is part of the Evernorth portfolio. TRHC's technology can identify medication risk for individual patients or across patient populations by combining patient-specific, clinical and pharmacology data to identify which patients or populations are at high risk for Adverse Drug Events and require more immediate medication management attention. Under the new agreement, Evernorth will continue to deliver TRHC's MTM services to millions of Medicare Part D, Medicaid, and commercial health plan members. Additionally, TRHC will provide Evernorth and Express Scripts PBM with expanded face-to-face and digital models to improve member engagement and satisfaction through the addition of TRHC's network of more than 18,000 pharmacies.
GP

Hot Stocks

08:32 EST GreenPower Motor delivers four EV Star Cab and Chassis to TCI Trucks - GreenPower Motor Company announced that Transportation Commodities has taken delivery of four GreenPower EV Star Cab and Chassis. TCI offers comprehensive transportation solutions across the United States and will deploy the EV Star CCs as part of their service fleet. The four units received funding from the most recent funding round of California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, which took place on October 28, 2021.
AVEO

Hot Stocks

08:32 EST Aveo Pharmaceuticals highlights recent progress, 2022 outlook - AVEO Oncology highlighted its recent progress and outlook for 2022. Key Recent Program Updates and Anticipated 2022 Milestones. FOTIVDA Update: Successfully Launched U.S. Commercialization Team for FOTIVDA. Data from a long-term efficacy follow-up and additional tolerability analyses from the TIVO-3 trial comparing tivozanib to sorafenib in r/r advanced RCC following two or more prior systemic therapies were presented at the ASCO 2021 Annual Meeting. Completed enrollment in the first-line cohort of the ongoing Phase 1b/2 DEDUCTIVE trial. Ficlatuzumab Update: Presented positive data from the Phase 2 clinical trial of ficlatuzumab alone or in combination with cetuximab in pan-refractory HNSCC at the 2021 ASCO Annual Meeting. Based on the Phase 1b and Phase 2 clinical trial results, ficlatuzumab was granted Fast Track Designation by the U.S. FDA. Announced plans to initiate a potential registrational Phase 3 clinical trial for ficlatuzumab in HPV negative HNSCC in the first half of 2023. AVEO has begun the manufacturing scale up and expects to commence manufacturing of ficlatuzumab clinical supply in the second quarter of 2022. AV-380 Update: The last patient has been dosed in the Phase 1 clinical trial of AV-380 in healthy volunteers. AVEO expects to present data from the Phase 1 clinical trial in mid-2022 at a scientific meeting. AVEO plans to initiate a Phase 1b clinical trial in cancer patients in mid-2022.
RUN PD

Hot Stocks

08:31 EST Sunrun appoints Manjula Talreja to board of directors - Sunrun (RUN) announced the appointment of Manjula Talreja, Chief Customer Officer of PagerDuty (PD) as a member of the company's board of directors.
MSSTF

Hot Stocks

08:29 EST Mindset Pharma engages Emerging Markets Consulting for IR, PR services - The Company announces that it has engaged Emerging Markets Consulting to provide investor/public relations services. Based in Orlando, Florida, with affiliates around the world, EMC is an international investor relations firm that brings decades of combined experience in the investor relations industry. EMC's services are intended to help small and mid-sized public companies establish brand awareness and increase market share to its customer base while improving visibility to the institutional and retail investment community. Under the terms of the agreement, EMC has agreed to provide a combination of content production and strategic digital media services over a 12-month term for a total payment USD $250,000. To the knowledge of the Company, neither EMC nor any of its principals have an ownership interest, directly or indirectly, in Mindset or its securities, and the Company has not granted EMC or its principals any right to acquire such interests. EMC is at arm's length to Mindset and has no other relationship with Mindset, except pursuant to the Agreement.
SPRO

Hot Stocks

08:28 EST Spero Therapeutics announces lifting of FDA clinical trial hold on SPR720 - Spero Therapeutics announced that the U.S. Food and Drug Administration has lifted the clinical hold on the Phase 2 trial of SPR720, Spero's investigational oral product candidate being developed for nontuberculous mycobacterial disease. The SPR720 program was placed on a clinical hold by the FDA following a review of data from a non-human primate toxicology study in which mortalities with inconclusive causality to treatment were observed. The FDA's decision to lift the hold follows Spero's submission of a comprehensive study report with detailed analyses from the NHP toxicology study. Spero plans on engaging with the FDA in Q1 of 2022 to discuss the re-initiation of the SPR720 Phase 2 trial for NTM-pulmonary disease patients, with an expected study start date commencing in the second half of 2022.
IMTE

Hot Stocks

08:28 EST Integrated Media Technology to divest Lamination Glass operation in China - Integrated Media Technology informs that its Board of Directors approved a plan to divest its China lamination glass operation. IMTE intends to divest from its China electronic glass business by either selling the business unit or undertaking a spin off the business unit into a stand-alone, publicly traded listed company. As this operation is capital intensive, it will require direct access to the capital markets. This operation will maximize the infrastructure's value, as the resulting entity will be independent from IMTE, with their own management and personnel, exclusively focused in developing, and building the electronic glass business in China. The execution of the reorganization plan will comply with applicable requirements under the laws, and will be subject to obtaining required regulatory approvals and any shareholders approval required. IMTE expects to implement the reorganization during 2022.
ICNAF

Hot Stocks

08:27 EST Icanic Brands provides update on status of Management Cease Trade Order - Icanic Brands Company is providing this update on the status of a management cease trade order granted on November 30, 2021 by the British Columbia Securities Commission under National Policy 12-203 - Management Cease Trade Order. On November 30, 2021, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements and accompanying management's discussion and analysis for the fiscal year ended July 31, 2021 beyond the period prescribed under applicable Canadian securities laws. In addition, the delay in the annual statements has resulted in the interim financial statements and accompanying management discussion and analysis for the three-month period ended October 31, 2021 being delayed beyond the period prescribed as well. The Company reports that it anticipates filing the Annual Filings and the Interim filings for period ended October 31, 2021, on or before January 29, 2022. Further updates on timing will be provided by the Company as necessary. During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares. However, the Company's chief executive officer and chief financial officer will not be able to trade in the Company's shares. Other than as disclosed in this news release, there are no material changes to the information contained in the Default Announcement. The Company confirms that it intends to satisfy the provisions of NP 12- 203 and will continue to issue bi-weekly default status reports for so long as it remains in default of the Annual Filings requirement.
PSWW

Hot Stocks

08:26 EST Principal Solar provides Q1 2022 update - Principal Solar announced its initial activities for 2022, which include the imminent release of a comprehensive letter to shareholders, an upcoming audio interview in January with Principal's Chairman and CEO, and the anticipated completion of its fiscal 2019 and 2020 audit. "We believe that 2022 is going to be important for the Company, so we're starting things off by bringing our shareholders up to speed on our progress and planned activities going forward," said K. Bryce "Rick" Toussaint, CPA, MBA, Principal's Chairman and CEO. "This month we're anticipating the release of our Letter to Shareholders, and I'm scheduled to be interviewed by Everett Jolly, the founder and CEO of Stock Day Media. We're confident that both events will be informative and drive further interest in Principal."
NTWK

Hot Stocks

08:26 EST NetSol Technologies achieves SOC 2 Type 1 compliance - NETSOL Technologies has successfully achieved SOC 2 Type 1 compliance, with a global audit conducted by A-LIGN, the first-ever licensed CPA firm to focus on IT audits such as SOC 2 with over 20 years of SOC experience. Designed by the American Institute of Certified Public Accountants, SOC 2 attests to the protection of client data. Achieving SOC 2 Type 1 compliance reinforces NETSOL's commitment to ensuring the security of its clients' data and confirms that all system requirements were designed based on the trust services criteria relevant to the security standards set by AICPA.
KHTRF ESALY

Hot Stocks

08:24 EST Knight Therapeutics announces approval of Lenvima in Colombia - Knight Therapeutics announced that its Colombian affiliate, Biotoscana Farma S.A. has obtained INVIMA approval for Lenvima, the orally available multiple receptor tyrosine kinase inhibitor developed by Eisai, for the treatment of radioiodine refractory differentiated thyroid cancer and unresectable hepatocellular carcinoma. Lenvima demonstrated a statistically significant progression-free survival prolongation and response rate in patients with progressive, differentiated thyroid cancer who had become refractory to radioactive iodine therapy. In a separate study in patients with previously untreated unresectable HCC2, Lenvima was proven to be non inferior to sorafenib for overall survival. In addition, Lenvima was statistically significantly superior to sorafenib for progression-free survival and objective response rate. In 2020, there were approximately 5,3043 new patients with thyroid cancer and 2,2893 new patients with liver cancer in Colombia.
DPRO

Hot Stocks

08:24 EST Draganfly announces it will be featured at EDGE22 - Draganfly announces that it will be featured at EDGE22: Common Missions in Today's Digital World at the Park MGM Hotel in Las Vegas, Nevada. Draganfly's onsite demonstration to government representatives will consist of a live drone flight equipped with the company's Smart Vital system. Using existing drone camera systems, the company's Smart Vital system is able to survey, with voluntary consent, vital signs including heart rate, respiratory rate, temperature, and blood oxygen content. "We are thrilled to be participating in EDGE22," said Cameron Chell, CEO of Draganfly. "For more than two decades, Draganfly has continued to develop game-changing drone solutions, software and AI systems that are revolutionizing the way organizations across a variety of industries do business. We are excited to share our passion for creating effective and sustainable solutions that save time, money, and lives."
AYLA

Hot Stocks

08:23 EST Ayala Pharmaceuticals announces key business objectives for 2022 - Ayala Pharmaceuticals announced its key objectives for 2022. 2021 Key Achievements: Initiated pivotal Phase 2/3 RINGSIDE study of AL102 in desmoid tumors; Initiated Phase 2 TENACITY study of AL101 in Notch-activated TNBC; Initiated Phase 1 trial of AL102 in combination with BCMA targeting agent WVT078 in relapsed/refractory MM; Presented positive preliminary data from the 6 mg cohort of the ongoing Phase 2 ACCURACY study of AL101 in recurrent/metastatic ACC at ESMO 2021; Published case studies highlighting clinical activity of AL101 with long-lasting responses in patients with desmoid tumors; Completed $25M strategic equity financing. Expected Milestones in 2022: Initial Interim Data from Pivotal Phase 2/3 RINGSIDE Trial in Desmoid Tumors (Mid-2022): Ayala expects to report an initial interim data read-out from Part A of the Phase 2/3 RINGSIDE trial of AL102 in desmoid tumors in mid-2022. Part A is open-label and is evaluating safety, tolerability, and tumor volume by MRI after 16 weeks. Part B of the study will start immediately after dose selection from Part A and will be a double-blind placebo-controlled study enrolling up to 156 patients with progressive disease, randomized 2:1 between AL102 or placebo. If successful RINGSIDE will be used as a registrational study. Preliminary Data from Phase 2 TENACITY Trial of AL101 in Triple Negative Breast Cancer (H2-2022): Preliminary data from the Phase 2 TENACITY clinical trial of AL101, for the treatment of patients with Notch-activated recurrent or metastatic triple negative breast cancer are expected in H2-2022. TENACITY is an open-label, multicenter, single arm study that is expected to initially enroll up to 26 patients with Notch-activated R/M TNBC whose disease has recurred or progressed after three or fewer lines of prior therapy. The primary endpoint is the objective response rate. Secondary endpoints include safety, duration of response, progression free survival, and relapse free survival. Ayala is currently the only company pursuing clinical development of a Notch inhibitor for TNBC. Additional Data from Phase 2 ACCURACY Trial of AL101 in Adenoid Cystic Carcinoma (Mid-2022): The ongoing ACCURACY trial is an open-label, single-arm Phase 2 clinical trial evaluating AL101 as monotherapy for the treatment of R/M ACC for Notch-activated mutations patients. Part 1 of the trial included 45 subjects dosed at 4 mg of AL101 IV once weekly. Final data from the 4 mg and additional data from the 6 mg cohort which includes 42 subjects are expected to be announced during 2022. The primary endpoint is the objective response rate as measured by RECIST 1.1 criteria. Secondary endpoints include objective response rate by investigator review, duration of response and progression-free survival by an independent review committee and an investigator review, overall survival, safety and tolerability, and pharmacokinetics. AL101, if approved, could potentially be the first systemic therapy for ACC. Initiate Phase 2 Clinical Trial Evaluating AL101 in T-cell Acute Lymphoblastic Leukemia (H2-2022): Ayala plans to begin a Phase 2 clinical trial evaluating AL101 in R/R T-ALL Notch is known to be a critical component of T-cell development and is inherently implicated as a tumorigenic driver in T-ALL. Approximately 65% of all T-ALL patients have Notch-activating mutations.
AQMS

Hot Stocks

08:23 EST Aqua Metals appoints Justin Chen as APAC Region Leader - Aqua Metals has appointed Justin Chen as Aqua Metals' Asia Pacific regional leader. "Chen will add key organizational capability in ensuring the success of the Company's first licensee, ACME Metal, to drive region-wide business and market development for AquaRefining solutions for lead and lithium battery recycling," the company said.
OCX

Hot Stocks

08:20 EST OncoCyte announces peer-review publication on DetermaCNI - Oncocyte announced the publication of data showcasing the clinical utility of its DetermaCNI blood-based monitoring test in the peer-reviewed journal Cancers. Oncocyte's DetermaCNI is a test used to measure and monitor cancer treatment success by detecting changes in circulating tumor DNA levels, a minimally-invasive biomarker, during the course of treatment. Results in this peer-reviewed publication demonstrated that DetermaCNI has the "potential to address a significant unmet need for patients with primary epithelial ovarian cancer, which is the leading cause of death in gynecological cancers in Western countries," the company said. DetermaCNI detected ovarian cancer at diagnosis with 91% sensitivity and in patients at recurrence on treatment with 86% sensitivity, with a very low false positive rate of 5%. These study results suggest the test has the potential to impact treatment change at crucial points for patients with ovarian cancer.
ENSC

Hot Stocks

08:18 EST Ensysce Biosciences complete part A of MAD/BE trial for PF614 - Ensysce Biosciences announced that it has successfully completed Part A of the previously announced clinical study PF614-102, "A Phase 1b, Randomized, 2-Part Single-Center Study to Evaluate the Pharmacokinetics, PK, and Safety of Multiple-Ascending Oral Doses, MAD, of PF614 and the Food Effect and Bioavailability/Bioequivalence, BE, of Single Oral Doses of PF614 Relative to OxyContin in Healthy Adult Subjects." The Part A of the trial evaluated three dose levels of PF614 delivered orally, twice daily for five days to healthy subjects. Following completion of each cohort, a review from the trial's independent Safety Review Committee allowed the trial to proceed to the next dose level. All three dose levels have now been successfully completed. With this successful completion of the MAD portion, the company is progressing to the BE stage of the study. Fully analyzed MAD data is expected in the first quarter of 2022, with the BE study results to follow in the second quarter. Safety and PK data is scheduled to be presented at the 2022 Pain Therapeutic Conference to be held in London, UK, in May 2022.
ORYZF

Hot Stocks

08:18 EST Oryzon Genomics announces approval for Serbian arm of PORTICO - Oryzon Genomics announced that it has received approval from the Serbian Medicines and Medical Devices Agency for its Clinical Trial Application to conduct a Phase IIb clinical trial with vafidemstat in patients with Borderline Personality Disorder in Serbia. The trial is already active and recruiting patients in Spain, Bulgaria, Germany and the USA. PORTICO is a multicenter, double-blind, randomized, placebo-controlled, Phase IIb trial to evaluate the efficacy and safety of vafidemstat in adult BPD patients. The trial has two primary independent objectives: to reduce agitation and aggression and an overall improvement of BPD. The trial will be conducted in 15-20 sites in Europe and US and aims to include about 160 patients distributed between two arms. PORTICO has an adaptive design with a pre-defined interim analysis to adjust the sample size in case of excessive variability around the endpoints or an unexpectedly high placebo rate. PORTICO's scientific rationale is based on vafidemstat's ability to inhibit LSD1, reducing aggression, enhancing sociability and mitigating social withdrawal, as demonstrated in several preclinical models. PORTICO builds on the Phase IIa REIMAGINE trial, where vafidemstat reduced agitation-aggression in patients with BPD, attention deficit hyperactivity disorder and autism spectrum disorder and showed positive global effects across these psychiatric disorders, particularly BPD, after 2 months of treatment. Vafidemstat has shown a favorable safety and tolerability profile in multiple Phase I/II clinical trials, with over 300 subjects treated, some for up to 24 months. Importantly, vafidemstat has not been associated with sedation, weight gain or extrapyramidal side effects, which are common in current antipsychotic therapy, nor with any other adverse events.
CNDT

Hot Stocks

08:18 EST symplr to acquire Midas Health Analytic Solutions from Conduent - symplr, a company backed by Clearlake Capital Group and Charlesbank Capital Partners, announced that it has agreed to acquire Midas Health Analytics Solutions from Conduent Incorporated. The transaction is expected to close in the Q1, subject to the satisfaction of customary closing conditions and regulatory approvals. Midas Health Analytics Solutions leverage a data warehouse with over 100 million claims and 30,000+ indicators as well as comparative data from approximately 800 hospitals. Sidley Austin provided legal counsel for symplr and Holland & Knight provided legal counsel for Conduent.
CNTG

Hot Stocks

08:17 EST Centogene announces global release of CentoCloud - Centogene announced the global release of CentoCloud, a SaaS platform enabling decentralized analysis, interpretation, and reporting of genomic variants linked to rare diseases. Generating medical reports of diagnostic analyses is resource intensive - requiring an extensive amount of bioinformatic expertise, a sizeable databank of patient samples, and a streamlined recording system. Furthermore, as a trend, an increasing number of laboratories around the world are responding to regional requirements for increasing the amount of genetic sequencing being performed locally. CentoCloud, powered by proven bioinformatic pipelines and the world's largest Bio/Databank of its kind, helps overcome these obstacles to make rare disease diagnostics accessible around the world. By providing a decentralized workflow, this fully digital solution aggregates Next Generation Sequencing data from laboratories into the cloud, where automated, curated, bioinformatic analysis and AI-based genomic variant prioritization and classification generate high quality reporting of the utmost value. Additionally, the insights generated from consented data via CentoCloud will augment the Bio/Databank and may contribute to the discovery and development of novel therapeutics to treat rare diseases in the future.
ABBV

Hot Stocks

08:17 EST AbbVie says FDA grants Breakthrough Therapy Designation to Teliso-V - AbbVie announced that the U.S. FDA granted Breakthrough Therapy Designation to investigational telisotuzumab vedotin for the treatment of patients with advanced/metastatic epidermal growth factor receptor wild type, nonsquamous non-small cell lung cancer with high levels of c-Met overexpression whose disease has progressed on or after platinum-based therapy. The FDA's BTD program is intended to expedite the development and review of medicines with preliminary clinical evidence that indicate that the investigational treatment may demonstrate substantial improvement over existing therapies on one or more clinically significant endpoints.
XELA

Hot Stocks

08:16 EST Exela Technologies awarded contract with large property insurance firm - Exela Technologies announced it has been awarded a contract with a large US based property insurance firm. The $2M contract will utilize Exela's Intelligent Document Processing, IDP. The customer engaged Exela to help complete its digital transformation journey using IDP to digitize tens of millions of legacy files. "We welcome the opportunity to build on our 15+ year relationship and look forward to continuing to accelerate our customer's digital transformation journey," said Suresh Yannamani, President of Exela.
OMCL

Hot Stocks

08:15 EST Omnicell acquires pharmacy software provider MarkeTouch Media for $82M - Omnicell announced it has acquired pharmacy software solutions provider MarkeTouch Media for total aggregate cash consideration of $82M, subject to customary adjustments. The acquisition is expected to expand the footprint of Omnicell's EnlivenHealthTM division across the retail pharmacy sector, while enhancing potential growth opportunities in new market segments like specialty pharmacy and pharmacy benefits management. Recent studies have shown that the use of mobile apps can significantly improve medication adherence. The addition of MarkeTouch Media's mobile and web-based technology and patient engagement solutions to EnlivenHealth's suite of industry-leading SaaS-based solutions is expected to create a comprehensive offering that will help pharmacies and health plans to thrive while improving the lifelong health of their patients and members. "We are thrilled to be joining with one of the most respected and innovative medication management technology leaders in the industry," said Charles Russo, chief executive officer of MarkeTouch Media. "The combination of our mobile and web-based capabilities and patient engagement solutions with EnlivenHealth's broad portfolio of digital technology solutions will create a robust offering that will help pharmacies and health plans continue to achieve better patient health outcomes and business results."
APDN

Hot Stocks

08:15 EST Applied DNA Sciences receives NYSDOH approval for Linea 2.0 Assay as a LDT - Applied DNA Sciences announced that its wholly-owned clinical laboratory subsidiary, Applied DNA Clinical Labs, or ADCL, has received conditional approval from the New York State Department of Health, or NYSDOH, for its Linea 2.0 Assay as a Laboratory Developed Test, or LDT, pending a final review of the assay's validation data by NYSDOH. With the conditional approval, ADCL can immediately employ the Linea 2.0 Assay for COVID-19 testing to support New York State-based safeCircle clients for the diagnostic testing of COVID-19. The Linea 2.0 Assay is conditionally approved for individual and pooled testing. Concurrently, ADCL announced its intention to submit a request for EUA to FDA for the Linea 2.0 Assay and a recently developed unsupervised at-home sample collection kit that, if authorized under EUA, would allow for the service of safeCircle clients beyond ADCL's New York-centric operating area and to support an expansion of safeCircle's scope of COVID-19 testing services to include enterprise-based, unsupervised at-home sample collection programs, such as those anticipated under the OSHA ETS.
SLDB

Hot Stocks

08:15 EST Solid Biosciences reports inducement grant to SVP, human resources - Solid Biosciences announced the grant of inducement awards to its newly appointed Senior Vice President, Human Resources, Allison Bogosian. The grant was approved by a majority of the independent directors of the Company on November 18, 2021 as an inducement material to Ms. Bogosian entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). The inducement grant to Ms. Bogosian consisted of an option to purchase up to 131,400 shares of common stock and a restricted stock unit award with respect to 65,700 shares of common stock. The option has a ten-year term and an exercise price of $1.78 per share, the closing price per share of Solid Biosciences' common stock as reported by Nasdaq on January 3, 2022. The option and restricted stock unit award each vest in four equal installments on each one-year anniversary of Ms. Bogosian's employment start date until the fourth anniversary of Ms. Bogosian's start date, subject to Ms. Bogosian's continued service with the Company through the applicable vesting dates.
WKSP

Hot Stocks

08:15 EST Worksport granted $1.15M in matched funding from MITACS - Worksport, through its subsidiary Terravis Energy, has been granted $1.15M in matched funding from MITACS, the Mathematics of Information Technology and Complex Systems nonprofit Canadian national research organization, in partnership with the Canadian Federal government. The Canadian Federal government's support will allow the Company and OTU to pursue enterprise implementation of the NPEV fast charging systems as well as any other related programs over the next two years. The prototype will be a 50-kW, NPEV fast charging system, covering areas including transportation electrification, power conversion systems, material characterization and fuel cell construction, thermal analysis, and battery management systems.
MFGCF

Hot Stocks

08:15 EST Mayfair Gold reviews 2021 highlights, plans for 2022 - Mayfair Gold is pleased to provide a review of the Company's first year of operations at the 100%-controlled Fenn-Gib gold project in the Timmins region of Ontario and also outline plans for 2022. Mayfair Gold acquired Fenn-Gib one year ago on December 31, 2020. Fenn-Gib currently hosts an Indicated Resource of 70.2M tonnes containing 2.08M ounces at a grade of 0.921 g/t gold. Mayfair's vision is to grow the Fenn-Gib resource to +3M ounces through the current 80,000-meter infill and expansion drill program. By late December 2021, when drilling paused for the Christmas break, a total of 54,741m had been drilled in 89 holes. Drilling is scheduled to resume on January 10, 2022, and the 80,000m program is expected to be completed by Q2 2022, with a resource update scheduled for Q3 2022. Concurrent with the drill program, Mayfair resumed metallurgical testing of Fenn-Gib mineralization in 2021. The program is being managed by Ausenco Engineering Canada and samples are currently being tested at SGS Lakefield. The final results of the flowsheet trade off study are expected in Q2 2022. Through this program, Mayfair is seeking to maximize gold recoveries, minimize projected capital and operating costs, and expedite permitting. Following completion of the 80,000m drill program and metallurgical test campaign, Mayfair is planning a preliminary economic assessment for the Fenn-Gib deposit. The PEA will be prepared by Ausenco and is expected to be completed by Q4 2022. In the quest to discover additional deposits at the 4,800-hectare Fenn-Gib project, Mayfair flew the first ever high-resolution triaxial MAG survey at 75m spaced flight lines over both the North and South Blocks at Fenn-Gib in April 2021. Based on very encouraging results, a regional exploration program has been designed to test priority gold targets. Ground geophysics on the North Block will commence shortly, followed by a 7,000m Phase 1 regional drill program. At the South Block, line cutting will also commence shortly to allow access for ground geophysics in preparation for a 3,000m Phase 1 drill program. On December 13, 2021, Mayfair closed a $4.64M flow-through financing. Combined with cash in treasury, the Company's current 2022 plan is fully funded.
UBX

Hot Stocks

08:13 EST Unity Biotechnology provides program updates, anticipated milestones for 2022 - UNITY Biotechnology announced the design for its Phase 2 study of UBX1325 in wet age-related macular degeneration and anticipated milestones for 2022. UNITY expects to share 12-week safety and efficacy data from its ongoing Ph2 study of UBX1325 in DME in the first half of 2022, and to share initial data from the Ph2 study in wet AMD in the second half of 2022. UBX1325 Program: The protocol for the Phase 2 proof of concept study of UBX1325 in wet AMD has been submitted to the U.S. FDA and we anticipate initiating that study in the first half of 2022. The Phase 2 clinical trial is a multi-center, randomized, double-masked study designed to evaluate the safety, efficacy and durability of UBX1325. The study is expected to enroll 46 patients with wet AMD. Additional Pipeline Programs: UNITY continues to investigate new modalities around senescence-related mechanisms and other biology implicated as drivers of diseases of aging: Tie2-VEGF bispecific program: Tie2 is a receptor tyrosine kinase that is implicated in regulating barrier function in blood vessels of the eye, which are affected in several prevalent eye diseases. UBX2050 Tie2 antibody program: The investigational Tie2 antibody may be an orthogonal approach to restoring barrier function and vascular function. UNITY is exploring a number of indications for UBX2050 and expects to nominate a Development Candidate in 2022. UBX2089 -Klotho program: UNITY has licensed its alpha-Klotho program to Jocasta Neuroscience for development and commercialization in cognitive dysfunction associated with neurological and psychiatric conditions. UBX2089 is expected to enter IND-enabling studies in 2022. Discovery programs: UNITY continues to advance preclinical programs targeting new mechanisms of action for the treatment of age-related diseases, including both senolytic and non-senolytic mechanisms. Anticipated 2022 Milestones: 1H 2022 - UBX1325 complete safety and efficacy data through 24 weeks from the additional wet AMD cohort of the Phase 1 study. UBX1325 12-week safety and efficacy data from the Phase 2a DME study. 2H 2022 - UBX1325 24-week safety and efficacy data from the Phase 2a DME study. UBX1325 16-week safety and efficacy data from the Phase 2 wet AMD study. 2022 - Tie2 antibody, Tie2/VEGF bispecific and -Klotho projected to enter IND-enabling studies
HR

Hot Stocks

08:12 EST Healthcare Realty Trust announces 2021 acquisition, disposition activity - Healthcare Realty TrusT announced acquisition and disposition activity for the full year ended December 31, 2021. The Company acquired 44 buildings in 38 transactions totaling 2.1 million square feet for $756 million at a weighted average cap rate of 5.3%, exceeding the $700 million high end of the Company's most recent acquisitions guidance. In the fourth quarter, the Company acquired 19 buildings in 16 transactions for $298 million, adding to the Company's targeted clusters in eight markets including Nashville, Denver, Los Angeles and Austin. During 2021, the Company's joint venture partner, TIAA, funded $90 million in 12 buildings. For the full year, the Company sold 17 medical office buildings totaling 905,000 square feet for $188 million at a weighted average cap rate of 4.9%. The Company currently has 14 buildings under letter of intent to purchase for approximately $300 million that are expected to close in the first half of 2022. Approximately half of this volume is expected to be acquired through the joint venture with TIAA. The Company also has approximately $100 million under letter of intent to sell. Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. As of September 30, 2021, the Company was invested in 245 real estate properties in 24 states totaling 17.4 million square feet and had an enterprise value of approximately $6.1 billion, defined as equity market capitalization plus the principal amount of debt less cash. The Company provided leasing and property management services to 13.8 million square feet nationwide.
PTCT

Hot Stocks

08:11 EST PTC Therapeutics' Waylivra receives Category 1 classification in Brazil - PTC Therapeutics announced that Waylivra, or volanesorsen, has successfully received Category 1 classification from Camara de Regulacao do Mercado de Medicamentos - CMED, or Drug Market Regulation Chamber, in Brazil. Waylivra is the only treatment for familial chylomicronemia syndrome, or FCS, in Brazil. Category 1 classification is given to innovative treatments that provide greater efficacy than current standards of care, and it allows for pricing in line with international markets. In addition, PTC submitted an application to the Brazilian Health Regulatory Agency, Agencia Nacional de Vigilancia Sanitaria, for approval of Waylivra for the treatment of familial partial lipodystrophy, or FPL. If approved, Waylivra will be the first approved treatment for FPL in Brazil, and this will mark the first approval globally for this indication. The application has been submitted under the Rare Disease pathway RDC205/2017. PTC anticipates a decision from the regulatory authorities in the second half of 2022.
VCNX MRK

Hot Stocks

08:11 EST Vaccinex says Phase 1b KEYNOTE B84 combination study passes interim analysis - Vaccinex (VCNX) reported interim safety data in the Phase Ib "safety run-in" segment of the KEYNOTE B84 combination study of Keytruda (MRK) and pepinemab in patients with advanced, recurrent or metastatic head and neck squamous cell carcinoma. The Phase 2 segment of the study is now expected to begin enrollment and is expected to accelerate patient accrual. The Phase Ib "safety run-in" segment of the trial was intended to evaluate the safety and tolerability of pepinemab in combination with Keytruda to determine a recommended Phase 2 dose for the dose expansion phase of the study enrolling patients with R/M HNSCC. The interim safety analysis was completed by the Data Safety Monitoring Board and signals initiation of the Phase 2 expansion segment. he Phase 2 "expansion" segment is now expected to proceed to enroll up to 62 subjects across 19 U.S. trial sites. The primary objective of this segment is to evaluate Objective Response Rate per Response Evaluation Criteria in Solid Tumors 1.1 of the combination in immunotherapy naive patients with advanced R/M HNSCC.
ASMB

Hot Stocks

08:10 EST Assembly Biosciences outlines anticipated 2022 pipeline development milestones - Assembly Biosciences outlined anticipated progress and milestones for its development pipeline in 2022. "The forward momentum we expect to demonstrate across our R&D portfolio in the New Year is indicative of the strength of our refined strategy and the deep HBV and virologic drug development expertise and knowledge our team possesses," said John McHutchison, AO, MD, chief executive officer and president of Assembly Bio. Anticipated Milestones and Events: 1H 2022 - Provide updates on strategy and research programs beyond HBV core inhibition to other HBV targets and share plans to explore other viruses; Complete enrollment for the two ongoing triple combination studies with VBR + NrtI and AB-729, Arbutus Biopharma's RNAi therapeutic candidate, and with VBR + NrtI + PEG-IFNalpha; Initiate triple combination cohort with VBR + NrtI and ATI-2173, Antios Therapeutics' investigational active site polymerase inhibitor nucleotide; Initiate Phase 1b study of ABI-H3733 in patients with chronic HBV infection. 2H 2022 - Initiate first-in-human Phase 1a study of ABI-4334, a next-generation core inhibitor optimized for potency against the formation of covalently closed circular DNA; Report interim on-treatment data from two triple combination studies: VBR + NrtI and AB-729 and VBR + NrtI and interferon; Report initial on-treatment data from triple combination cohort with VBR + NrtI and ATI-2173; Report initial Phase 1b data for ABI-H3733; Phase 1a data for ABI-4334 expected as early as year end.
ATIF

Hot Stocks

08:10 EST ATIF Holdings' NFT art auction platform enters alpha testing phase - ATIF Holdings announced that the internal tests shows that its NFT art auction platform has been performing smoothly and has entered the alpha testing phase which are currently testing and evaluating the quality of the software and readiness for beta testing. ATIF's NFT platform, once launched, will provide an efficient and secure auction and trading marketplace for digital art assets, ensuring the scarcity and originality of NFT works. There will be a series of digital products on the marketplace, including but not limited to digital artworks, collectibles, digital signatures of celebrities and personal creations.
ANTE

Hot Stocks

08:09 EST AirNet appoints Audit Alliance as its new independent public account firm - AirNet Technology, formerly known as AirMedia Group, announced the appointment of Audit Alliance as the Company's independent registered public accounting firm to replace Marcum Bernstein & Pinchuk effective December 31. The change of the Company's independent auditor was made after careful consideration and evaluation process and was approved by the board of directors of the Company and the audit committee of the Board. The Company is working closely with Audit Alliance and MBP to ensure a seamless transition.
ADVM

Hot Stocks

08:08 EST Adverum Biotechnologies granted Orphan Drug Designation by FDA for ADVM-062 - Adverum Biotechnologies announced the U.S. Food and Drug Administration, FDA, has granted Orphan Drug Designation to ADVM-062, a novel gene therapy product candidate being developed as a potential single intravitreal administration for blue cone monochromacy by delivering a functional copy of the OPN1LW gene. "We are excited to introduce ADVM-062, which builds on our ophthalmology and gene therapy expertise to address the significant unmet medical needs of patients living with blue cone monochromacy. We are pleased the FDA has recognized the patient need by granting Orphan Drug Designation and we look forward to advancing ADVM-062 towards the clinic and generating important data," stated Laurent Fischer, M.D., president and chief executive officer of Adverum Biotechnologies. Anticipated Milestones for ADVM-062: Plan to present preclinical data supporting proof of concept of ADVM-062 in 1H2022. Plan to submit an Investigational New Drug application by year-end 2022.
PFS

Hot Stocks

08:07 EST Provident Bank appoints Brian Rafanello as SVP, head of treasury managment - Provident Bank announced that Brian Rafanello has joined the Bank as Senior Vice President, Head of Treasury Management. Mr. Rafanello is based in the Bank's Iselin, N.J. administrative headquarters and is responsible for leading the sales, service and operations for the Treasury Management department. In addition, he is responsible for creating the strategy for the sales and servicing of treasury management products to middle market, commercial real estate, public sector, and small business clients and prospects. Prior to joining Provident, Mr. Rafanello was Senior Vice President, Director of Treasury Management Sales at Santander Bank.
FULC UBS

Hot Stocks

08:06 EST Fulcrum Therapeutics appoints Rajavelu as Chief Financial Officer - Fulcrum Therapeutics (FULC) announced the appointment of Esther Rajavelu as Chief Financial Officer. Rajavelu will be responsible for overseeing Fulcrum's financial operations, including financial planning, reporting, accounting, and investor relations. Rajavelu was most recently a senior equities research analyst at UBS Securities (UBS), covering small and mid-cap biotechnology companies.
RETO

Hot Stocks

08:06 EST ReTo Eco-Solutions subsidiary to acquire 100% interest in REIT Mingde for RMB10M - ReTo Eco-Solutions announced that, its subsidiary, ReTo Technology Development entered into an Equity Acquisition Agreement with Hainan REIT Mingde Investment Holding and its two individual shareholders among others, on December 27 to acquire 100% of the equity interest in REIT Mingde, which owns 61.55% of the equity interest of Yile IoT Technology. Yile IoT is a national high-tech enterprise in China that focuses on the research, development and application of Internet of Things, or IoT, technologies. Yile IoT and its subsidiaries have developed advanced cloud based IoT solutions and products that primarily service automobile rental, ride sharing, and logistics sectors in China. Pursuant to the Agreement, ReTo will acquire 100% of the equity interest in REIT Mingde for a total consideration of RMB10M in cash or cash equivalents which will be paid to the Sellers within 30 days upon signing of the Agreement. The closing of the transaction is subject to satisfactory due diligence, board approval, completion of shareholder change registration with relevant State Administration of Market Regulation and other customary closing conditions. On December 28 the registration of ReTo Technology Development as the shareholder of REIT Mingde was completed.
AVEO MKGAY

Hot Stocks

08:06 EST Aveo enters trial collaboration, supply agreement with Merck KGaA - AVEO Oncology (AVEO) announced that it has entered into a clinical trial collaboration and supply agreement with Merck KGaA, Darmstadt, Germany (MKGAY) to evaluate ficlatuzumab in combination with ERBITUX, an EGFR-targeted antibody, in patients with recurrent or metastatic head and neck squamous cell carcinoma. Ficlatuzumab is AVEO's investigational potent humanized immunoglobulin G1 monoclonal antibody that targets hepatocyte growth factor. Under the terms of the agreement, Merck KGaA, Darmstadt, Germany will provide cetuximab clinical drug supply in all countries outside of the U.S. and Canada for AVEO's future registrational study, which will assess ficlatuzumab with cetuximab in HPV negative R/M HNSCC. AVEO will serve as the study sponsor and will be responsible for costs associated with the trial execution. In June 2021, the Company announced positive results from a randomized confirmatory Phase 2 study of ficlatuzumab alone or in combination with cetuximab in patients with pan-refractory metastatic HNSCC. Of note, patients with HPV negative disease, a subgroup normally associated with poorer outcomes, who received the ficlatuzumab and cetuximab combination demonstrated both a superior overall response rate and median progression free survival over single agent ficlatuzumab. The Company expects to commence manufacturing of ficlatuzumab clinical supply in the second quarter of 2022, subject to availability of key raw materials and manufacturing supplies also used in COVID-19 vaccine manufacturing, with the initiation of a registrational study now anticipated in the first half of 2023. The Company expects to continue to discuss potential ficlatuzumab pivotal study designs with the FDA and to continue ongoing partnership dialogues.
HOTH

Hot Stocks

08:05 EST Hoth Therapeutics announces HT-ALZ therapeutic shows positive results - Hoth Therapeutics announced proof-of-concept data generated using an Alzheimer's disease mouse model, supporting the therapeutic potential of HT-ALZ. The research was conducted as part of the company's Sponsored Research Agreement with Washington University in St. Louis. HT-ALZ is a therapeutic in development under the 505(b)(2) regulatory pathway for the treatment of dementia related to Alzheimer's disease. "The overall positive result from these studies is a first step but a big one in the development of HT-ALZ as an Alzheimer's therapeutic," said Stefanie Johns, Chief Scientific Officer of Hoth Therapeutics, Inc. "HT-ALZ is a unique therapeutic in the AD development space because it is eligible for streamlined development under the 505(b)(2) pathway, including available safety data. This allows Hoth to reach efficacy clinical trials faster and bring a new potential treatment for patients with Alzheimer's disease."
DXR

Hot Stocks

08:04 EST Daxor awarded new patent for blood volume guidance technology - Daxor Corporation announced that the United States Patent and Trademark Office has issued the company a new patent that protects a proprietary clinical guidance system for volume management utilizing unique volume metrics combined with treatment pathways.
UPC

Hot Stocks

08:04 EST Universe Pharmaceuticals announces strategic alliance with Jiangxi IMM - Universe Pharmaceuticals announced that the company had entered into two strategic cooperation agreements with Jiangxi Province Institute of Materia Medica, Jiangxi IMM, an inspection and testing institution fully funded by the Jiangxi Province Medical Products Administration, which promotes the development of the pharmaceutical industry by conducting research on medical devices and Chinese and Western medicines. Pursuant to the Agreements, the Company authorized Jiangxi IMM to conduct six studies on the quality standard of formula granules of traditional Chinese medicine, including Isatis Root Granule, Epimedium, Sophora Flavescens, Ginseng, Angelica, and Astragalus. The Company will provide related materials and samples to Jiangxi IMM for these studies. Gang Lai, Chairman and CEO of Universe Pharmaceuticals INC, commented, "We are excited to partner with Jiangxi IMM. The addition of the extensive experience of Jiangxi IMM to our own research and development capacity will provide us with a strategic advantage and could bring new business opportunities. By bringing in a medical R&D partner, we expect to accurately identify, quantify, and improve the function of current pharmaceutical products to offer better medical solutions to our customers."
HFFG

Hot Stocks

08:04 EST HF Foods Group acquires Great Wall Group in cash, stock transaction - HF Foods Group announced it has completed the acquisition of the business operations of Great Wall Seafood Supply Inc., Great Wall Restaurant Supplier Inc. and First Mart. The Great Wall Group is one of the largest frozen seafood suppliers servicing the Asian/Chinese restaurant market in the nation and generates combined annual revenue of approximately $170 million pre-pandemic and about $200 million assuming revenue remains steady with its most recent quarter. Specifically, the Great Wall Group has had a dominant presence in the Midwest, Southwest, and Southern regions since its inception in 1996. The Great Wall Group works with vendors globally, from regions such as China, Canada, South America, and New Zealand, with thousands of cargo containers transported annually. The transaction, structured as an asset purchase, was completed on December 30, 2021, for mixed consideration of cash and stock.
ESPR

Hot Stocks

08:03 EST Esperion appoints Benjamin Looker as general counsel - Esperion announced the appointment of Benjamin Looker as general counsel as of January 1, 2022. Mr. Looker will serve as a member of the Esperion executive leadership team effective immediately. In his role, Mr. Looker will lead the company's legal, compliance and ethics operations. Looker began his legal career as a corporate lawyer at Goodwin Procter LLP and joins Esperion most recently from Trillium Therapeutics.
GRWG

Hot Stocks

08:02 EST GrowGeneration acquires assets of Mobile Media and MMI for $9.4M - GrowGeneration announced it has acquired the assets of Mobile Media and MMI Agriculture an Ellenville, NY based mobile shelving manufacturing and warehouse facility. Transaction terms were $9.4M in cash and stock, inclusive of inventory, fixed assets, and goodwill. MMI generated over $14.0M in revenue in 2021. MMI is a manufacturer of high-density mobile shelving systems, commonly referred to as "benching," to a variety of industries including agriculture, retail, commercial, and government, offering a complete turnkey solution, specializing in design, custom manufacturing, shelving systems, and installation across the United States.
PIII

Hot Stocks

08:02 EST P3 Health Partners expands to California, closes two acquisitions - P3 Health Partners announced the closing of the company's previously announced acquisition of Medcore HP, a health plan licensed under the California Knox-Keene Health Care Service Plan Act of 1975, and Omni IPA Medical Group, an independent practice association in San Joaquin County, California. "Our national expansion is key to ensuring P3 continues to advance our mission of transforming healthcare through value-based care and we are thrilled to add Medcore HP and Omni IPA Medical Group to our organization," said Sherif Abdou, M.D., CEO of P3 Health Partners. "Our arrival into California, which is our fifth state of operation, marks an important milestone in the execution of our growth strategy and demonstrates our dedication to delivering improved clinical outcomes at a reduced cost with our proven, scalable model."
YOU

Hot Stocks

08:02 EST Clear Secure acquires Whyline in an all-cash transaction - Clear Secure announced it has acquired Whyline, provider of virtual queuing and appointment technology, in an all-cash transaction. Founded in 2015, Whyline helps organizations across industries manage customer flows through the use of virtual queuing. Using Whyline's mobile app or webflow, users can see the live wait-times, enter into the queue remotely or pre-book their appointment, and let the software wait on their behalf.
PCOM

Hot Stocks

08:01 EST Points International announces completion of amalgamation - Points.com completed the amalgamation with its wholly-owned subsidiary Points.com Inc. effective January 1, 2022. The amalgamated entity continued under the name "Points.com Inc." and its trading symbols on the TSX and Nasdaq will remain unchanged. The amalgamation was undertaken in order to optimize Points' corporate tax structure.
SHCR

Hot Stocks

07:55 EST CareLinx by Sharecare selected as benefit program for 1.5M Medicare members - Sharecare announced that more than 400 Medicare Advantage plans - including several of the nation's largest payors - are exclusively leveraging its home health platform and network of caregivers, CareLinx by Sharecare, to scale in-home care supplemental benefit programs in 2022. Representing year-over-year growth of more than 1000% in terms of plan penetration, CareLinx by Sharecare is now available as a free in-home personal care benefit to more than 1.5M Medicare Advantage members through their health plan - a four-fold increase in covered lives over 2021.
SMG

Hot Stocks

07:50 EST SMG expand Hawthorne Gardening with acquisitions of Luxx Lighting, True Liberty - The Scotts Miracle-Gro announced it has acquired Luxx Lighting and True Liberty Bags. "These strategic acquisitions reinforce our commitment to provide commercial cannabis cultivators in state-authorized markets with a complete set of solutions driven by insight and innovation," said Chris Hagedorn, division president of Hawthorne. "While the cannabis market continues to see near-term challenges from an over-production in recent months, we see the current reality as an opportunity to further distance ourselves from the competition and strengthen our business for long-term success." ScottsMiracle-Gro acquired the assets of Luxx for $215M. The acquisition, which closed December 30, 2021, adds approximately $100M in sales and $20M in operating income to Hawthorne on an annualized basis. True Liberty was acquired for $10M and introduced storage solutions directly to the hydroponic market, developing a full offering of liners and storage solutions to dry and cure plant products.
ALEAF

Hot Stocks

07:47 EST Aleafia Health provides update on negotiation of convertible debt - Aleafia Health is providing a corporate update regarding its outstanding listed unsecured convertible debentures, issued on June 27, 2019 and maturing on June 27, 2022. The Company has initiated negotiations with debenture holders with a view of amending the Convertible Debt to achieve an outcome that is beneficial to all the Company's stakeholders. As negotiations are underway, the Company has opted to not make an interest payment due on December 31, 2021. Under the terms of the Convertible Debt, there is no event of default as a result of this non-payment for 30 calendar days from the interest payment due date. Moreover, by Extraordinary Resolution, or otherwise by resolution by holders of more than fifty percent of the principal amount of Convertible Debt, an event of default may be waived. There can be no assurance that the current negotiations will result in a transaction or, if a transaction is undertaken, that it will be successfully concluded in a timely manner.
MGDPF CGAU

Hot Stocks

07:46 EST Marathon Gold appoints Julie Robertson as CFO - Marathon Gold Corporation (MGDPF) is pleased to report that Julie Robertson has been appointed CFO. Robertson's appointment will be effective March 7, 2022. Robertson is currently the Vice President, Finance and Capital Projects for Centerra Gold (CGAU). Robertson's appointment comes following the departure of Hannes Portmann who will be leaving Marathon, effective January 31, 2022, to pursue an executive role with a private enterprise outside of the resource sector. Mr. Marco Galego, Marathon's VP Finance and Controller, will assume the role of Interim CFO prior to Ms. Robertson's appointment.
PXS

Hot Stocks

07:46 EST Pyxis Tankers announces sale of two small tankers - Pyxis Tankers announced that it has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an aggregate sale price of $8.9M. Completion of the vessel sales, which are subject to customary closing conditions, should occur between late January, 2022 and late February, 2022. After the repayment of the outstanding indebtedness securing these vessels and the payment of various transaction costs, the Company expects to receive aggregate net cash proceeds of approximately $2.8M, which would be used for working capital purposes. Valentios Valentis, Chairman and CEO commented: "The sale of these non-core assets underscores our strategic focus on the eco-MR product tanker sector, reduces outstanding debt and improves balance sheet liquidity. Moving forward, we will have a fleet of five MRs with an average age of 8.3 years. Upon completion of the dispositions, our total debt should be approximately $77.35 million at a weighted average interest rate of less than 4% per annum with the next bank loan maturity scheduled in 3.5 years."
CAMP

Hot Stocks

07:46 EST CalAmp names Basudeb Chatterjee as Chief Digital Information Officer - CalAmp announced the appointment of Basudeb Chatterjee to Chief Digital Information Officer. As CDIO, Chatterjee will oversee CalAmp's global IT function with a focus on data, infrastructure and information security across all business units in North America, EMEA and LATAM. He will also guide technology adoption and enablement as part of transformation initiatives to strengthen the capabilities and value of CalAmp's connected intelligence solutions for fleet visibility and management. Most recently, Chatterjee served as senior principal for Pariveda Solutions, leading complex projects for the national consulting firm's most valued customers.
VMAR

Hot Stocks

07:45 EST Vision Marine Technologies partners with Octillion Power Systems - Vision Marine Technologies has partnered with Octillion Power Systems to develop a customized high voltage 35 KW high density battery exclusively for use within the recreational boating market. Under the terms of the agreement, Octillion will manufacture a new advanced electric battery system to power its E-Motion outboard powertrain. "Vision will have a highly efficient and unique product to utilize in conjunction with our E-Motion fully electric powertrain, " said Alexandre Mongeon, co-founder and CEO of Vision Marine. "There is currently a two year delivery backlog of performance batteries in the boating industry. The Octillion agreement will allow Vision Marine to continue to scale production and secure the quantities of high density electric battery systems required in conjunction with the commencement of sales of our E-Motion outboard powertrains." Management estimates 70,000 pontoons are expected to be sold in the United States in 2022, and approximately 380,000 outboard motors.
AVCNF

Hot Stocks

07:44 EST Avicanna appoints Eileen McCormack to board of directors - Avicanna announced the appointment of Eileen McCormack to, and the resignation of Setu Purohit from, its board of directors effective immediately. Ms. McCormack retired from AstraZeneca US where she led commercial and cross-functional teams responsible for launch planning and business development in the US market.
MNMD

Hot Stocks

07:44 EST MindMed completes Phase 1 clinical trial of 18-MC - Mind Medicine announced the completion of its Phase 1 clinical trial of 18-MC, the Company's non-hallucinogenic proprietary derivative of ibogaine, being developed for the treatment of indications linked to opioid use disorder. The trial was completed in December 2021 with topline results expected in early 2022.
TGTX HTGC

Hot Stocks

07:43 EST TG Therapeutics expands term loan facility with Hercules Capital - TG Therapeutics (TGTX) announced that its existing term loan facility agreement with Hercules Capital (HTGC), has been amended to increase the size of the facility to $200 million, with $70 million funded at closing. Under the terms of the amendment, the size of the term loan facility was increased to $200 million, with $70 million available and drawn at closing on December 30, 2021. The remaining $130 million may be drawn at the Company's option, in three subsequent tranches. The first tranche is available upon U.S. Food and Drug Administration approval of the supplemental New Drug Application/ Biologics License Agreement for the combination of ublituximab and umbralisib for the treatment of chronic lymphocytic leukemia, the second tranche is available upon FDA approval of the BLA for ublituximab for the treatment of relapsing forms of multiple sclerosis, and the third tranche is available to fund future initiatives, subject to the approval of the Hercules Investment Committee.
QIPT

Hot Stocks

07:42 EST Quipt Home Medical acquires At Home Health Equipment for $13.1M in cash - Quipt Home Medical announces that it has acquired At Home Health Equipment, a business with operations in Indiana. Acquisition Details: The acquisition adds to Quipt's active patient count by over 15,000, bringing Quipt's total to approximately 170,000 active patients. Under the terms of the definitive purchase agreement, Quipt acquired the business for approximately $13.1M in cash. It is expected the acquisition will increase Quipt's annual revenues by approximately $13M, and, post integration, Adjusted EBITDA by $2.9M. The non-binding letter of intent for the acquisition by Quipt of At Home Health Equipment was announced by Quipt on November 16, 2021. "This is a significant acquisition as it creates the largest single market for us in a very attractive region allowing us the ability to strengthen our overall interconnected healthcare network in the state of Indiana. Our operating engine and proven ability to integrate acquired assets allows us to continue the strong pace of closing larger strategic acquisitions during this exciting growth period," said Greg Crawford, Chairman and CEO of Quipt. "We are also excited to enter the hospice segment, with over 30% of At Home Health Equipment's revenue coming from this high growth area and we will strategically work to build this vertical out over the course of 2022."
ANPC

Hot Stocks

07:41 EST AnPac Bio Class III medical device passes NMPA registration tests - AnPac Bio-Medical Science announced that on December 30, 2021, the Company's Class III medical device for lung cancer auxiliary diagnosis has completed and passed stringent and rigorous registration tests at the testing laboratory designated by the National Medical Products Administration, China's regulatory agent for medical products. China's extensive Class III medical device registration tests included medical device performance tests related to accuracy, precision, stability, linearity, accuracy and repeatability in sample addition, cross-contamination, electromagnetic compatibility, and reliability and performance under various environmental conditions. Completion of the NMPA registration tests is a significant milestone toward obtaining a Class III medical device registration certificate. Following completion of the registration test, the remaining major step prior to final approval of a registration certificate will be clinical trials which will begin in the first quarter of 2022 with two qualified clinical trial medical institutions. AnPac Bio began its official medical device registration process in December 2018 by filing an application for medical device classification with the NMPA. Since then, AnPac Bio has obtained the determination of the product classification from the NMPA, carried out significant medical device optimization, completed rigorous internal medical device testing, undergone extensive external third-party testing and validation, and received a certificate of designated inspection capability from the designated medical device registration test laboratory. The above-mentioned Class III medical device designation is based on AnPac Bio's novel cancer differentiation analysis technology, which has been used in cancer risk assessment tests for general population and clinical studies and has already accumulated more than 240,000 samples including general population screening, as well as extensive retrospective and prospective clinical studies with leading medical institutions. If AnPac Bio is successful in obtaining the Class III registration certificate from the NMPA for its CDA device, it will add additional markets and channels for the Company to sell its tests. AnPac Bio will be able to penetrate the medical segment of the market, including hospitals and medical institutions for lung cancer auxiliary diagnosis tests, which is a significant market, and can further fuel the Company's revenue growth.
PYPD

Hot Stocks

07:40 EST PolyPid appoints Mitchel Berger to oncology advisory board - PolyPid announced the appointment of Mitchel Berger, M.D., to its Oncology Advisory Board. Dr. Berger is the Berthold and Belle N. Guggenhime Professor of the Department of Neurological Surgery at the University of California, San Francisco. He serves as the Director of the UCSF Brain Tumor Research Center, a leader in translational research, and is the Principal Investigator of its Specialized Program of Research Excellence in neuro-oncology, funded by the National Cancer Institute. OncoPLEX utilizes PolyPid's proprietary PLEX technology to provide controlled local exposure of chemotherapy directly to the tumor site, potentially reducing local tumor recurrence, including chemotherapeutic resistant tumors, and metastasis. In September 2021, PolyPid announced positive preclinical data for its intra-tumoral OncoPLEX in animal models of GBM. The Company expects to initiate a Phase 1/2 clinical trial of OncoPLEX for brain tumors by the end of 2022.
BIIB IONS

Hot Stocks

07:39 EST Biogen exercises option with Ionis to develop, commercialize ASO for SMA - Biogen (BIIB) and Ionis Pharmaceuticals (IONS) announced that Biogen exercised its option to obtain from Ionis a worldwide, exclusive, royalty-bearing license to develop and commercialize BIIB115/ION306. The companies have a broad strategic collaboration to develop novel therapies to treat neurological disorders. BIIB115 is an investigational antisense oligonucleotide, ASO, in development for spinal muscular atrophy, SMA. As a part of the option exercise, Biogen made a one-time $60M payment to Ionis in the fourth quarter of 2021. Future payments may include potential post-licensing development, regulatory and commercial milestone payments and royalties on annual worldwide net sales. Biogen will be solely responsible for the costs and expenses related to the development, manufacturing and potential future commercialization of BIIB115 following the option exercise.
REKR

Hot Stocks

07:39 EST Rekor Systems to pilot roadway analytics at Philadelpha Navy Yard - Rekor Systems announced that the Philadelphia Industrial Development Corporation will deploy the Company's Rekor One platform in support of a pilot project to analyze traffic patterns and provide analytics within the Philadelphia Navy Yard. The 1,200-acre former military base has been redeveloped into a thriving, mixed-use campus led by PIDC, Philadelphia's public-private economic development corporation and master developer of the historic shipyard. The Rekor One pilot project will kick off in the first quarter of 2022.
TMDI MDT

Hot Stocks

07:38 EST Titan completes final milestone under development/license pact with Medtronic - Titan Medical (TMDI) announced that it completed, on schedule, the final milestone under the development and license agreement with Medtronic (MDT). With the successful completion of the agreement, Titan is scheduled to receive a license payment in exchange for licensing the developed technologies to Medtronic and Medtronic's secured loan to Titan will be retired, each of which are expected to be completed this month. Technologies developed under the Medtronic development and license agreement may be used by both Titan and Medtronic in their respective businesses. Titan has filed several new patent applications as a result of this development activity and retains world-wide rights to independently commercialize the technologies for use with its own Enos robotic single access surgical system. "The completion of milestone four and the associated license fee is a significant achievement. The team in Chapel Hill has done an outstanding job on timing and delivery despite challenges and constraints introduced by the COVID-19 pandemic," said Paul Cataford, Interim President and CEO of Titan. "On behalf of the Board and our employees, I would like to thank Medtronic for their trust and confidence in our team and our technology. This development and license agreement and collaboration has provided capital and the opportunity to further develop our team and our single-access platform." Tuesday's announcement marks the fourth and final achievement under the development and license agreement. For clarity, these agreements are between Medtronic and Titan Medical , and Titan Medical is not affiliated with Titan Spine, which Medtronic acquired in 2019.
HUMA

Hot Stocks

07:37 EST Humacyte presents first preclinical results of HAV in CABG - Humacyte announced the first preclinical results of the use of Humacyte's Human Acellular Vessel in coronary artery bypass grafting will be presented at the Advanced Therapies Week conference in Miami, Fla. at 9:20 a.m. EST on January 28, 2022. The presentation, titled "Bioengineering and the Future of Cardiac Surgery," will be made by Alan P. Kypson, M.D., FACS. Dr. Kypson is a cardiothoracic surgeon at the University of North Carolina Rex Hospital in Raleigh, N.C., and a thought leader in the field of cardiac surgery who has led the large animal preclinical development of Humacyte's vessels in CABG for more than a decade. The presentation by Dr. Kypson will include the results of the use of the HAV in a primate CABG model, including six-month outcomes. Humacyte's HAVs are engineered off-the-shelf replacement vessels that are currently being evaluated in advanced-stage clinical trials in vascular trauma, arteriovenous access for hemodialysis, and peripheral arterial disease. CABG surgery, which treats blockage of the coronary arteries to restore the blood supply to the heart muscle, is performed more than 350,000 times annually in the United States, with over 765,000 annual CABG procedures globally. Humacyte's program is designed to develop a small-diameter HAV as a potential alternative to existing vascular substitutes during CABG surgery, particularly in obese or diabetic patients, where the risks of saphenous vein harvesting are substantial.
RLAY

Hot Stocks

07:36 EST Relay first patient dosed in trial of RLY-2608, initiates RLY-4008 expansion - Relay Therapeutics provided an update for two of its ongoing first-in-human trials, RLY-2608, the first known allosteric, pan-mutant and isoform-selective PI3Kalpha inhibitor in clinical development, and RLY-4008, a highly selective, irreversible and oral small molecule inhibitor of FGFR2. RLY-2608 First-in-Human Trial: For RLY-2608, Relay Therapeutics dosed the first patient in a first-in-human trial for patients with advanced solid tumors with a PIK3CA mutation. The first-in-human trial for RLY-2608 is designed to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics and preliminary antitumor activity, and will consist of two separate arms. Each arm will have two parts, first a dose escalation part to determine the maximum tolerated dose and/or recommended phase 2 dose, followed by a dose expansion part to evaluate RLY-2608 in genomically defined populations. In the dose expansion part of the trial for RLY-2608 as a single agent, patients with the following unresectable or metastatic solid tumors with a PI3Kalpha mutation per local assessment will be enrolled in the following groups: clear cell ovarian cancer; head and neck squamous cell carcinoma; cervical cancer; other solid tumors; and unresectable or metastatic solid tumors with PIK3CA double mutations defined as major, plus greater than or equal to1 additional PI3Kalpha mutations. RLY-4008 Expansion Cohorts: Relay Therapeutics initiated expansion cohorts last month for the first-in-human trial for RLY-4008 in patients with FGFR2-altered cholangiocarcinoma, breast cancer and other solid tumors. The ongoing first-in-human trial for RLY-4008 is designed to evaluate the safety, tolerability, pharmacokinetics and anti-tumor efficacy. Following a thorough assessment of the dose escalation data, the expansion portion of the trial has been initiated at a dose of 70 mg once daily. The expansion part of the trial has five cohorts planned to evaluate genetically defined populations: intrahepatic cholangiocarcinoma patients with an FGFR2 fusion previously treated with a pan-FGFR inhibitor; ICC patients with an FGFR2 fusion not previously treated with a pan-FGFR inhibitor; patients with an FGFR2 fusion and solid tumor other than ICC; advanced, unresectable solid tumor patients with focal FGFR2 amplification; advanced, unresectable solid tumor patients with an oncogenic FGFR2 mutation.
CGTX

Hot Stocks

07:36 EST Cognition Therapeutics receives grant from Micheal J. Fox Foundation - Cognition Therapeutics announced that the company has been awarded a Therapeutic Pipeline Program Grant from The Michael J. Fox Foundation for Parkinson's Research. This grant will fund preclinical studies of two sigma-2 receptor modulators in animal models of Parkinson's disease that will be led by Cognition Therapeutics' VP of research, Mary E. Hamby, Ph.D. Parkinson's disease and other synucleinopathies such as dementia with Lewy bodies are associated with a build-up of alpha-synuclein oligomers that bind to neurons where they impair critical cellular processes, causing synaptic dysfunction and eventual loss. Published in vitro studies conducted by Cognition scientists found that the binding and internalization of alpha-synuclein oligomers in cultured neurons was inhibited by the addition of a -2 receptor antagonist. The studies supported by this MJFF Therapeutic Pipeline Program grant will seek to confirm and build upon the findings from Cognition's earlier preclinical research.
BIIB IONS

Hot Stocks

07:36 EST Biogen exercises option with Ionis to develop, commercialize BIIB115/ION306 - Biogen (BIIB) and Ionis Pharmaceuticals (IONS) announced that Biogen exercised its option to obtain from Ionis a worldwide, exclusive, royalty-bearing license to develop and commercialize BIIB115/ION306. The companies have a broad strategic collaboration to develop novel therapies to treat neurological disorders. BIIB115 is an investigational antisense oligonucleotide in development for spinal muscular atrophy that may have the potential to help address additional unmet needs of patients as well as to be administered at extended dosing intervals. Biogen plans to advance BIIB115 to clinical trials to investigate safety, tolerability, pharmacokinetics, and efficacy. As a part of the option exercise, Biogen made a one-time $60M payment to Ionis in the fourth quarter of 2021. Future payments may include potential post-licensing development, regulatory and commercial milestone payments and royalties on annual worldwide net sales. Biogen will be solely responsible for the costs and expenses related to the development, manufacturing and potential future commercialization of BIIB115 following the option exercise.
SHCR

Hot Stocks

07:35 EST Sharecare announces leadership appointments - Sharecare announced strategic hires to further the company's goals to accelerate growth and create greater value for customers and shareholders. These new key appointments are as follows: Jaffry Mohammed, the Company's recently announced executive vice president and head of Enterprise and Provider, has been appointed Sharecare's COO. In this expanded role, he will oversee Sharecare's ongoing operational growth and end-to-end delivery of its comprehensive virtual health platform, services, and solutions. Jaffry replaces Pam Shipley who is leaving the Company to pursue other opportunities. Carrie Ratliff will assume the role of Chief Legal Officer, responsible for overseeing Sharecare's legal matters, including M&A, intellectual property, governance, compliance, and corporate. Joining Sharecare this month, Carrie's combination of legal and business expertise will support the Company's business strategy, development, and continued growth. Previously, Carrie served as senior vice president, corporate secretary at Change Healthcare where she had responsibility for management of legal activities, including compliance, securities, corporate and board governance, contracting, business development, and litigation management. Prior to Change Healthcare, Carrie was a partner at King and Spalding where she advised private and public companies on mergers and acquisitions, corporate governance, and other general corporate matters. Atul Gupta will assume the role of executive vice president, health advocacy operations, responsible for launching and operating Sharecare's payor-independent multi-plan healthcare benefits navigation and advocacy solutions.
AGFY

Hot Stocks

07:33 EST Agrify enters into 10-year agreement with Gold Leaf - Agrify announced it has signed a definitive agreement for its largest Agrify Total Turn-Key Solution partnership to date with Gold Leaf Florida. The agreement is expected to generate more than $140M in revenue for Agrify over the first three years of cultivation and over $400M of estimated total revenue over the full 10-year term of the partnership. Under the terms of the 10-year Agreement, Agrify will be installing 1,510 of its Vertical Farming Units, VFUs, at Gold Leaf's 200,000-square-foot facility, with 100,000 square feet dedicated to VFU cultivation. Gold Leaf plans to build four additional 200,000-square-foot facilities in Florida, for a total of one million square feet, and Agrify hopes to support Gold Leaf through all of this anticipated future growth with the installation of several thousand more VFUs. Raymond Chang, Chairman and CEO of Agrify, said, "Our partnership with Gold Leaf is a milestone achievement that represents even further validation of our novel TTK program given the scale and economic value of this customer engagement. By partnering with Gold Leaf in the early stages of their organization's cultivation journey, we will play an instrumental role in helping their team fulfill their mission of supplying the medical market with the quality cannabis and consistent experiences patients and physicians have come to demand."
CME

Hot Stocks

07:32 EST CME Group reports ADV up 26% in Q4 to 20.5M contracts - CME Group reported its full-year, Q4 and December 2021 market statistics, showing it reached a record average daily volume of 19.6M contracts during the year, an increase of 3% over 2020. ADV increased 26% in both the fourth quarter and the month of December, to 20.5M contracts and 18M contracts, respectively.
SNGX

Hot Stocks

07:32 EST Soligenix announces new studies supporting effectiveness of dusquetide - Soligenix announced that dusquetide is effective at reducing tumor size in nonclinical xenograft models. Recent studies, recapitulating results from previously published studies, have confirmed the efficacy of dusquetide as a stand-alone and combination anti-tumor therapy, with radiation, chemotherapy and targeted therapy, in the context of the MCF-7 breast cancer cell line. Dusquetide previously demonstrated benefits in reducing the duration of severe oral mucositis, or SOM, in a Phase 2 clinical trial and reduction in SOM rates in the per protocol population in a Phase 3 study. In addition to the reduction of severe oral mucositis, an acceleration in the clearance of tumor response and an increase in overall survival were also observed in the Phase 2 clinical study as an ancillary benefit to treating oral mucositis in patients receiving chemo-radiation for their head and neck cancer, or HNC. Based on the biological proof of principle shown both nonclinically and clinically with dusquetide, a novel synthetic peptide that modulates the body's innate immune system, Soligenix continues to explore product opportunities, both in the reduction of oral mucositis in HNC and as a potential anti-cancer treatment. Dusquetide binds to p62 or SQSTM-1, a scaffold protein implicated in a number of intracellular signaling networks implicated in tumor cell survival, including autophagy.
AVRO

Hot Stocks

07:31 EST AVROBIO trading resumes
WMG

Hot Stocks

07:29 EST Warner Music announces pricing of secondary offering by Access affiliates - Warner Music Group announced the pricing of an underwritten secondary offering of an aggregate of 8,562,500 shares of Warner Music Group's Class A common stock by affiliates of Access Industries, LLC, at a price to the public of $41.00 per share. The offering is expected to close on January 6, 2022. Warner Music Group is not selling any shares of common stock in the offering and will not receive any of the proceeds. Morgan Stanley is acting as the underwriter for the offering.
ITMZF

Hot Stocks

07:28 EST Intema provides recap of 2021 highlights, prepares for 2022 - Intema Solutions provides a brief summary of its 2021 highlights and a look ahead at 2022, which it is heading into with just as much drive, more resources and an enhanced management and operating team. 2021 Highlights: Acquisition of HypeX.gg, a first-of-its-kind social gaming platform comprising a leading esports tournament and wagering platform. Acquisition of TheSMACK.gg, an esports product and lifestyle company serving a rapidly expanding community of gamers and commercial brands. Ongoing acquisition of Livestream Gaming, a licensed server-based real-money gaming platform and a top brand in the world of esports betting. Acquisition of Team BH, Canada's second largest esports and gaming entertainment organization, with a combined following of over 7.25 million people across its primary platforms. Second closing on its $15 million financing, for total gross proceeds of over $10 million to date. Letter of intent to acquire all the outstanding shares of Parabellum Media Inc., owner of Parabellum Esports and Northern Shield Academy. Application filed with the Alcohol and Gaming Commission of Ontario to become a fully registered operator of Internet gaming and sports betting in Ontario, Canada's largest and most populous province. Granting of an Isle of Man online gambling license to Livestream Esports Limited, a wholly owned subsidiary of Intema. Letter of intent signed with Wild Rose Entertainment to grant Generationz, Intema's U.S. subsidiary, a LOOT.BET sports wagering skin. Board and management team enhanced by the appointment of Art Manteris, Marc Brassard and Philip Nolan as directors and Jonathan Kowit and Jennifer Lazarus as executive marketing advisors. Further to the news release dated June 17, 2021, announcing the terms of its non-brokered private placement of a maximum of 30,000,000 subscription receipts priced at $0.50 each, the Corporation has closed on gross proceeds of over $10 million to date and expects to hold the third and final closing on or before January 20, 2021.
ACHFF

Hot Stocks

07:27 EST Arch announces Research Ethics Board approves amendment to CATCO trial - Arch Biopartners announced that the Research Ethics Board at the Sunnybrook Research Institute has approved the amendment to the CATCO protocol to include its lead drug candidate, LSALT Peptide in a new arm of the CATCO human trial. CATCO leadership will now seek Health Canada approval before commencing the dosing of LSALT in the new arm of the trial.
AVRO

Hot Stocks

07:27 EST AVROBIO trading halted, news pending
PHRRF

Hot Stocks

07:25 EST PharmaTher announces publication of research data for KETABET - PharmaTher Holdings announced the publication of a scientific article demonstrating the potential of KETABE to prevent the potential adverse psychiatric effects of repeated ketamine treatment for depression and other indications including suicidal ideation, substance abuse, post-traumatic stress disorder, and chronic pain. The article titled, "Betaine prevents and reverses the behavioral deficits and synaptic dysfunction induced by repeated ketamine exposure in mice", is published in Biomedicine & Pharmacotherapy and can be found here. Based on the outcome from the ongoing observational studies, the Company will advance the KETABET program with its microneedle patch technology in Phase 2 clinical studies in H2-2022. Fabio Chianelli, Chief Executive Officer of PharmaTher, said, "The published data demonstrates the potential of KETABET's ability to eliminate the unwanted psychomimetic effects and limitations of ketamine, and aims to be a safe and effective at-home treatment option for mental health, neurological and pain disorders. As such, we remain focused on expanding our clinical programs with KETABET for FDA approval."
VIEW

Hot Stocks

07:25 EST View Inc. expects to complete financial restatements for 2019, 2020 - View, Inc. announced that the Company expects to issue its restated 2019, 2020 and Q1 2021 financial statements, as well as its Q2 2021, Q3 2021 and full year 2021 financial statements in the first quarter of 2022.
CLBT

Hot Stocks

07:25 EST Cellebrite supports The Exodus Road's efforts to stop human trafficking - Cellebrite and The Exodus Road, a Colorado-based nonprofit organization specializing in disrupting human trafficking, announced a collaboration focused on training police and government officials in Brazil to combat human trafficking more effectively. The collaboration has delivered the launch of The Exodus Road's training platform, TraffickWatch Academy: Brazil, featuring Brazilian and U.S. experts on human-trafficking crime. Cellebrite has committed to provide The Exodus Road funding and in-kind solutions and services over the next three years to support the growth of The Exodus Road's training programs. TraffickWatch Academy: Brazil offers eight multimedia modules educating viewers on how to identify trafficking cases, what evidence is needed to liberate survivors and arrest traffickers, and how to properly and legally use solutions included in Cellebrite's Investigative DI Platform to collect, review, and analyze evidence for prosecutions. The platform features lawyers, law enforcement leaders, anti-trafficking practitioners, and experienced operatives.
RNLX

Hot Stocks

07:24 EST Renalytix, ADA announce joint program on kidney health in T2D population - The American Diabetes Association, ADA, and Renalytix announced a joint program to improve overall kidney health in patients with type 2 diabetes, T2D, in the United States. The program intends to drive early detection and risk-informed care delivery to delay disease progression, reduce dialysis starts and improve overall health of chronic kidney disease patients with diabetes nationally. ADA and Renalytix will convene experts to advise and develop a comprehensive interprofessional risk-informed Diabetes Kidney Care Pathway and Model for optimal clinical treatment and risk reduction. The ADA and Renalytix will work together to define a plan for a second phase of the program to scale and deploy the model through partnerships with multiple health systems nationally. "This program combines technology, hospital system population health engagement and leading clinical experts to drive optimized care management at the earliest possible stage of kidney disease where better outcomes and cost control can be maximized," said James McCullough, CEO of Renalytix. "For individuals with diabetes and kidney disease, this is a powerful, comprehensive and bold model to engage this devastating disease beginning in primary care and close the gaps in front-line care."
CNNEF

Hot Stocks

07:22 EST Canacol Energy says gas sales averaged 183 MMscfpd for December - Canacol Energy is pleased to provide the following information concerning its December 2021 natural gas sales, the Clarinete 6 development well, near term drilling plans for 2022, and the Corporations normal course issuer bid. Realized contractual natural gas sales were 183 million standard cubic feet per day for December 2021. The Clarinete 6 development well was spud on December 9, 2021 and reached a total depth of 7,478 feet measured depth on December 15, 2021. The well encountered 174 feet true vertical depth of net gas pay with an average porosity of 22% within the primary Cienaga de Oro sandstone reservoir target. The Clarinete 6 well was tied into the Clarinete production manifold and has been placed on permanent production. The rig is currently mobilizing to drill the Toronja 2 development well, which is targeting gas bearing sandstones within the Porquero sandstone reservoir. Toronja 2 is anticipated to take approximately 3 weeks to drill and complete, and will be tied into permanent production by late January 2022. Following the completion of the Toronja 2 well, the rig will be mobilized to spud the Carambolo 1 exploration well, which the Corporation anticipates spudding in the latter half of February 2022. The Carambolo 1 exploration well will take approximately 5 weeks to drill and complete. During December 2021, the Corporation repurchased 369,800 shares at an average price of $3.18 per share. Since May 25, 2021 the Corporation has repurchased a total of 3,348,500 shares at an average price of $3.24 per share.
VRDN

Hot Stocks

07:21 EST Viridian Therapeutics submits IND application for VRDN-002 - Viridian Therapeutics announced the submission of an investigational new drug application to the United States Food and Drug Administration for VRDN-002, a humanized monoclonal antibody that incorporates half-life extension technology and is designed to support administration as a convenient, low-volume, subcutaneous injection for the treatment of thyroid eye disease. Viridian submitted the IND for VRDN-002 in December 2021. The Company is seeking authorization to initiate a Phase 1 single ascending dose clinical trial to explore safety, tolerability, pharmacokinetics, and target engagement of intravenous VRDN-002 in healthy volunteers. Data from this Phase1 trial aims to test the feasibility of a low-volume and/or low-frequency dosing paradigm, and are expected to be announced in mid-2022.
FLGC

Hot Stocks

07:20 EST Flora Growth expands distribution through Walmart and Coppel in Mexico - Flora Growth announced that its Mind Naturals skincare brand has launched sales through Walmart.com and Coppel, a nationwide department store in Mexico. The launch includes 12 products from the Mind Naturals portfolio, initially on e-commerce with subsequent plans to sell in brick and mortar retail locations. This launch expands upon last month's initial orders for Mind Naturals to Mexico and Spain. Walmart is one of the leading retail chains in Central America, while Coppel has 1,253 stores in Mexico. It is estimated that the global market for cannabis and its derivatives will generate sales of 102B dollars by 2026, and Mexico is expected to be one of the countries with the highest commercialization of CBD products. Flora Beauty's Mind Naturals is an inclusive brand that uses premium CBD and quality, clean ingredients to create their product line. They were named a trendsetting brand at CosmoProf North America in 2021 for their innovation in sustainable packaging. In December, they were a top 12 finalist in Glosswire's Global Pitch Competition, which includes beauty brands from across the globe. "We are excited to begin bringing high-quality, sustainable CBD skincare products to Mexico," said Luis Merchan, CEO of Flora Growth Corp. "This agreement represents our first foray into the Mexican market and furthers our global foothold as a leader in plant-based wellness and lifestyle brands. As the cannabis market continues its rapid expansion across the globe and into various sectors, we are poised to meet the needs of the market at every touch point."
VAXX...

Hot Stocks

07:20 EST Vaxxinity appoints Pesile as SVP, Finance & Accounting, Horning to board - Vaxxinity (VAXX) announced the appointment of Jason Pesile, MBA, CPA, as Senior Vice President, SVP, Finance & Accounting. The Company also announced today the appointment of George Hornig, Chairman of Xometry, to its Board of Directors. Hornig will be the new independent director to chair the Audit Committee, with current Board members Greg Blatt and Peter Diamandis moving to chair the Compensation Committee and Nominating and Governance Committee, respectively. Pesile is a seasoned finance executive with 20 years of experience in the biopharmaceutical space and most recently served as Vice President Finance, Corporate Controller at BeyondSpring Pharmaceuticals (BYSI). Hornig is currently Chairman of Xometry (XMTR), an AI-driven platform for on-demand manufacturing of industrial parts, and Co-Chairman of Healthwell Acquisition (HWEL), a special purpose acquisition company.
CDNA

Hot Stocks

07:19 EST CareDx partners with ISHLT in transplant innovation research grant - CareDx announced a partnership with the International Society for Heart and Lung Transplantation in offering an Innovation Challenge Award to clinicians to further AlloSure and AlloMap research in support of patient care. The ISHLT Innovation Challenge Award will support studies that evaluate the clinical utility of the combination of donor-derived cell-free DNA and gene expression profiling in heart transplantation, or the utility of dd-cfDNA in lung transplantation. Applications for the ISHLT Innovation Challenge Award will be accepted until January 31, 2022. Following the application period, selected finalists will be invited to present their research proposal at a specialized session at the ISHLT 2022 Annual Meeting & Scientific Sessions in Boston from April 27-30, 2022. The winner will be determined by a panel of expert, on-site judges.
NVS

Hot Stocks

07:19 EST Novartis confirms CAFC upholds validity of Gilenya dosage regimen patent - Novartis announced that the U.S. Court of Appeals for the Federal Circuit, or CAFC, issued its decision upholding the validity of US Patent No. 9,187,405 covering a dosing regimen for Gilenya. "In August 2020, the U.S. Federal District Court for the District of Delaware issued a favorable decision in the Gilenya patent litigation and a permanent injunction was granted against HEC Pharma until the expiration of the '405 patent in December 2027, including pediatric exclusivity. HEC Pharma was the only remaining Abbreviated New Drug Application, or ANDA, filer challenging this patent. This decision confirms the validity of the patent and allows that injunction to remain in place. Previously, Novartis entered into settlement agreements with a number of ANDA filers. Those ANDA filers will not be able to launch a generic version of Gilenya, if approved by the FDA, before an agreed upon date that is prior to the expiration of the dosage regimen patent in December 2027. The potential generic entry date and other terms of the settlement agreement are confidential. With this decision, Novartis confirms that it expects no generic versions of Gilenya in the US market for at least the next two years," the company said.
DRVN

Hot Stocks

07:18 EST Driven Brands expands auto glass offering into US - Driven Brands announces the expansion of its auto glass offering into the U.S. with the acquisition of Auto Glass Now. "The automotive aftermarket is evolving, and we are incredibly bullish that glass services will be a key beneficiary of that evolution," said Jonathan Fitzpatrick, president and CEO, Driven Brands. "The growth and highly fragmented nature of auto glass services makes our entrance into the U.S. market an ideal strategic investment for Driven Brands." Driven Brands first entered the glass business in Canada in 2019, and serves retail, insurance, and fleet customers. Driven Brands now operates over 300 glass locations in both the United States and Canada. Driven Brands acquired AGN for approximately $170M on December 30, 2021.
ONEW

Hot Stocks

07:17 EST OneWater Marine completes floorplan financing expansion - OneWater Marine announced it has entered into the Seventh Amended and Restated Inventory Financing Facility with Wells Fargo Commercial Distribution Finance LLC, to increase the inventory-based line of credit to $500 million, up from $392.5 million, and extend the term through December 1, 2023. The Facility is expected to provide sufficient inventory financing capacity for the next two years. Borrowings under the Facility bear interest at the Adjusted 30-Day Average SOFR plus a spread based on type and inventory aging. The Facility also includes certain financial and non-financial covenants, consistent with the previous facility, including provisions that the funded debt to EBITDA ratio must not exceed 2.00 to 1.00, and that the Company's fixed charge coverage ratio on a consolidated basis must be at least 1.00 to 1.50.
PHGE

Hot Stocks

07:17 EST BiomX announces $5M development award from CF foundation - BiomX announced that the Company will receive a Therapeutics Development Award of up to $5M from the Cystic Fibrosis Foundation . "We are very pleased to receive the support of the Cystic Fibrosis Foundation - an organization which historically has played a role in supporting the development of innovative therapies for patients suffering from cystic fibrosis," said Jonathan Solomon, Chief Executive Officer of BiomX. "The funding provided by the CF Foundation will be used to support the development of our phage therapy product candidate for CF patients, BX004, through its Phase 1b/2a study and represents a continuation of the CF Foundation's mission to bring potentially life-saving medicines to patients. We thank the CF Foundation for its support, and we look forward to reporting data from our Phase 1a/2b trial in 2022." Under the terms of the agreement with the CF Foundation, BiomX will receive up to $5M in two tranches. In the first tranche, which closed on December 21, 2021, the CF Foundation invested $3M as initial equity investment. Upon completion of patient dosing in Part 1 of the Company's Phase 1b/2a study of BX004 BiomX would have the right to receive the second tranche of $2M, also as an equity investment. The Phase 1b/2a trial of BX004 is composed of two parts and is expected to start imminently. Part 1 of the trial will evaluate the safety, pharmacokinetics and microbiologic/clinical activity of BX004 in eight CF patients in a single ascending dose and multiple dose design, with results expected in the second quarter of 2022. Part 2 of the trial will evaluate the safety and efficacy of BX004 in 24 CF patients randomized to a treatment or placebo cohort in a 2:1 ratio. Results from Part 2 are expected by the third quarter of 2022.
CMPS

Hot Stocks

07:16 EST Compass Pathways announces results from phase I study on COMP360 - COMPASS Pathways shared results of a phase I study showing the feasibility of administering COMP360 psilocybin to up to six healthy participants simultaneously, with 1:1 support. The study was peer-reviewed and published in The Journal of Psychopharmacology as "The effects of psilocybin on cognitive and emotional functions in healthy participants: results from a phase I, randomized, placebo-controlled trial involving simultaneous psilocybin administration and preparation." The results also showed there were no short or long term detrimental effects on thinking patterns or processing of emotions. The study looked at the effects of two doses of COMP360 psilocybin, compared with placebo, in 89 healthy male and female adult volunteers. The investigational drug was administered simultaneously to up to six participants, who all received 1:1 psychological support from trained therapists throughout the session. There were no serious adverse events and COMP360 psilocybin was found to be well-tolerated with no clinically-relevant negative effects on cognitive function. Dr Guy Goodwin, Chief Medical Officer, COMPASS Pathways, said: "We are looking forward to meeting with the FDA early in the year to finalize plans for our phase III program, which we expect to begin in the third quarter 2022."
AMYT

Hot Stocks

07:16 EST Amryt Pharma announces publication of results for MPOWERED Phase 3 trial - Amryt announces that The Lancet Diabetes & Endocrinology has published the full results of the global Phase 3 MPOWERED clinical trial that compared Mycapssa to long-acting injectable Somatostatin Receptor Ligands for maintenance of biochemical response in patients with acromegaly. The MPOWERED trial was designed to support the marketing authorization application for Mycapssa to the EMA which is currently under evaluation. The MPOWERED trial adds to the evidence base built with two previous Phase 3 trials, CH-ACM-01 and CHIASMA OPTIMAL, both of which supported the US FDA approval of Mycapssa for long-term maintenance treatment in acromegaly patients who have responded to and tolerated treatment with injectable octreotide or lanreotide. Key outcomes of the MPOWERED Phase 3 Trial are listed below: Mycapssa was non-inferior to long-acting injectable octreotide or lanreotide in maintenance of biochemical control, in patients previously responding to both treatments. On the primary endpoint of the proportion of patients maintaining biochemical response throughout the 9-month Randomized Control Treatment phase, 91% of patients on Mycapssa maintained response compared to 100% on iSRLs. Response was defined as the time-weighted average of IGF-1 less than1.3 x upper limit of normal throughout the phase. Mean IGF-1 was the same at the start and end of the RCT phase in both groups and was maintained within normal limits. All sensitivity analyses supported the results of the primary endpoint using both time-weighted average and more traditional landmark methods of analyzing IGF-1 data. Oral octreotide results for breakthrough and active acromegaly symptoms. At the end of the RCT phase, 15% of patients in the oral octreotide group reported breakthrough symptoms of acromegaly, compared with 31% in the iSRL group. The overall number of individual active acromegaly symptoms was similar between treatment groups. A significant reduction in the number of certain active acromegaly symptoms was reported in patients responding to Mycapssa at the end of the run-in phase. Specifically, significant reductions were shown in the proportions of participants with swelling of extremities and fatigue. Patient reported outcomes with oral octreotide capsules. A significant improvement was reported from baseline while treated with iSRLs to the end of the run-in phase in patients responding to Mycapssa in three of the five Acromegaly Treatment Satisfaction Questionnaire scales, with improving trends in the other two scales. Change from start of the RCT phase for each of the five Acro-TSQ scales was generally similar between treatment groups. Oral octreotide capsules showed comparable safety profile to iSRLs. The incidence of adverse events during the RCT was similar between groups with 39 of 55 participants in the oral octreotide group and 26 of 37 participants in the iSRL group reporting at least one AE. In both treatment groups, most treatment-related AEs were gastrointestinal. 17 of 36 participants randomly assigned to iSRL reported injection site reactions via the Acro-TSQ scales at the end of the RCT, and 13 of 16 reported that injection site reactions interfered with daily activities.
MAIN

Hot Stocks

07:14 EST Main Street announces new portfolio investment - Main Street Capital announced that it recently completed a new portfolio investment in a leading retailer of luxury goods in the United States to finance a management led buyout of the Company. Main Street, along with its co-investor, partnered with the Company's senior management team to facilitate the transaction, with Main Street funding $47.4M in a combination of first lien, senior secured term debt and a direct equity investment. In addition, Main Street and its co-investor are providing the Company with a revolving credit facility to support its future growth initiatives and working capital needs.
GNCA

Hot Stocks

07:13 EST Genocea reports progress in Phase 1/2 TiTAN trial for GEN-011 - Genocea reported progress in the Phase 1/2a TiTAN clinical trial for its lead program GEN-011, a neoantigen-targeted peripheral T cell therapy candidate. GEN-011 is comprised only of CD8+ and CD4+ T cells, extracted from the patient's peripheral blood, specific for ATLAS-prioritized neoantigens. ATLAS performance: The GEN-011 NPTs are specific for neoantigens prioritized using ATLAS, Genocea's proprietary neoantigen discovery platform. To date, Genocea has completed screening 19 patient samples with ATLAS in the TiTAN trial. On average in these samples, ATLAS has prioritized 12 neoantigens and identified 14 Inhibigens per patient. PLANET performance: These T cells are grown in PLANET, Genocea's robust and rapidly scalable cell expansion process. Of the 16 patient samples entering the PLANET manufacturing process, 100% have either successfully yielded a released drug product or are in process. TiTAN update: Of the 10 manufactured GEN-011 drug products, five have been administered to patients across both the multidose and single dose cohorts, with the remaining five available for dosing upon patient need. Genocea expects to have initial data from the first five patients later this quarter or early Q2 2022. With eight sites currently accruing patients, Genocea expects to continuously enroll and dose patients throughout the year.
GNCA JNJ

Hot Stocks

07:13 EST Genocea announces R&D collaboration, option agreement with Janssen Biotech - Genocea Biosciences (GNCA) has entered into an R&D collaboration and option agreement with Janssen Biotech (JNJ) to explore the immunogenicity of neoantigens and the role and impact of Inhibigens in the context of vaccine therapies for cancer. The agreement was facilitated by Johnson & Johnson Innovation. Under the collaboration, Genocea will use its ATLAS platform to characterize Janssen-identified antigens as well as assess approaches that could mitigate the impact of Inhibigens. Genocea will receive a technology access fee and full R&D funding for its work under the collaboration. The agreement includes an option for Janssen to negotiate a future strategic partnership to develop non-personalized vaccine products using Genocea's ATLAS platform and expertise on Inhibigens.
GOGO

Hot Stocks

07:13 EST Gogo completes construction of its seven-tower 5G testbed - Gogo Business Aviation announced that it completed construction of its seven-tower 5G testbed by Dec. 31 on schedule, and on budget. Additional sites will be completed at a rapid pace throughout the first half of 2022 and Gogo remains on track to launch 5G in the second half of 2022.
PSEC

Hot Stocks

07:11 EST Prospect Capital says preferred stock offerings exceeded $450M - Prospect Capital Corporation announced that Prospect's preferred stock offerings have exceeded $450M in aggregate liquidation preference issuances since the initial closing in the quarter ending December 31, 2020. Preferred Capital Securities is a securities broker dealer and the dealer manager for the ongoing offering of the Series A1, M1, and M2 Preferred Stock.
ANEB AMAM

Hot Stocks

07:11 EST Anebulo Pharmaceuticals CEO Daniel Schneeberger resigns, Simon Allen succeeds - Anebulo Pharmaceuticals (ANEB) has named Simon Allen as CEO and a member of the company's board of directors, effective February 1. Allen succeeds Daniel Schneeberger, who has resigned as CEO and as a director as of that same date. Since March 2019, Allen has served as chief business officer of Ambrx Biopharma (AMAM), a position he previously held from 2010 through 2015.
NVRO UNH

Hot Stocks

07:11 EST Nevro: UnitedHealth to provide coverage for company's treatment of PDN - Nevro (NVRO) announced that UnitedHealthcare (UNH) will provide coverage for the company's high-frequency 10 kHz Therapy for the treatment of PDN for dates of service on or after March 1, 2022. Under its policy, UnitedHealthcare considers Nevro's U.S. FDA approved high-frequency spinal cord stimulator to be proven and medically necessary for the treatment of diabetic neuropathy when specified criteria are met.
TNXP

Hot Stocks

07:10 EST Tonix Pharmaceuticals announces option, research collaboration with KSU - Tonix Pharmaceuticals Holding announced an exclusive option agreement and research collaboration with Kansas State University to develop zinc nanoparticle mRNA vaccines that replace the lipid-nanoparticle technology in current COVID-19 vaccines. The new ZNP technology has the potential to confer increased stability to mRNA vaccines over a wide range of temperature. The temperature-sensitive nature of LNP mRNA formulations restricts vaccine shipping and storage to ultralow temperatures which limits rapid global deployment. Under the research agreement, K-State will advance preclinical development of a new ZNP mRNA vaccine to protect against COVID-19 based on the spike protein from SARS-CoV-2. The COVID-19 vaccine research under the research agreement will be directed by Dr. DeLong together with his colleagues, Dr. Waithaka Mwangi, Kansas State University, Department of Diagnostic Medicine/Pathobiology, and Dr. Juergen Richt, Director of the Center of Excellence for Emerging and Zoonotic Animal Diseases and Director of the NIH COBRE Center on Emerging and Zoonotic Infectious Diseases at Kansas State University. The mRNA vaccines developed by Pfizer-BioNTech and Moderna are based on LNPs. Because of the limitations of LNP technology, these mRNA vaccines require ultra-cold storage and transport because they are unstable at room temperature or even in standard refrigerators or freezers. The new ZNP technology confers increased stability to mRNA vaccines over a wide range of temperature in model systems.
EVLO

Hot Stocks

07:10 EST Evelo Biosciences announces key 2022 strategic priorities, catalysts - Evelo Biosciences announced its strategic priorities and upcoming catalysts for 2022. In 2022 the Company will focus on: Advancing EDP1815 towards Phase 3 development in psoriasis; Progressing EDP1815 in a global Phase 2 clinical trial in atopic dermatitis; Advancing the next wave clinical candidates EDP1867 and EDP2939, the Company's first microbial extracellular vesicle; Continuing investment in Evelo's SINTAX platform, including scaling manufacturing capabilities, and expanding research and discovery across multiple areas of biology and disease; Building development and pre-commercial capabilities to capture the breadth of the SINTAX platform. The Company expects the following catalysts over the next 12-18 months: 1Q 2022 - Clinical data from Part B of the EDP1815 Phase 2 trial in mild and moderate psoriasis and Initiation of dosing of patients in the EDP1815 Phase 2 trial in mild, moderate, and severe atopic dermatitis. 1H 2022 - Data from EDP1867 Phase 1b trial in patients with atopic dermatitis and Interim safety and futility analysis of 375 patients from EDP1815 Phase 2/3 COVID-19 TACTIC-E trial. 2H 2022 - Initiation of clinical development of EDP2939 in inflammation. 1H 2023 - Topline data from EDP1815 Phase 2 trial in mild, moderate, and severe atopic dermatitis
PSFE CNNE

Hot Stocks

07:09 EST Paysafe principal shareholder Cannae purchased $22.2M in Paysafe shares - Paysafe Limited (PSFE), a leading specialized payments platform, today announced that Cannae Holdings (CNNE), through its subsidiary, has purchased approximately 5.7M shares of Paysafe's common stock through a series of open market transactions in late December 2021 in accordance with the Company's securities trading policy and applicable securities laws. As of December 31, 2021, Cannae owned 59,758,641 common shares, which represents approximately 8.26% of Paysafe's outstanding common shares. William P. Foley, II, Chairman of Cannae, commented, "Based on our confidence in the path Paysafe is now on, Cannae has acquired an additional 5.7M shares in open market transactions totaling $22.2M." This announcement follows the Company's December 8 announcement that Paysafe leadership and independent directors purchased approximately 737,000 shares of Paysafe's common stock through open market transactions in November and December 2021.
CNCE

Hot Stocks

07:09 EST Concert Pharmaceuticals completes enrollment in THRIVE-AA2 trial - Concert Pharmaceuticals announced that it has completed patient enrollment in THRIVE-AA2, the second Phase 3 clinical trial to evaluate the efficacy and safety of CTP-543, an oral Janus kinase, or JAK, inhibitor, in adult patients with moderate to severe alopecia areata. The THRIVE-AA clinical program includes two international Phase 3 studies, THRIVE-AA1 and THRIVE-AA2. Enrollment in the THRIVE-AA1 trial was completed in October 2021, and topline data is expected in the second quarter of 2022. Topline data from the THRIVE-AA2 trial is expected in the third quarter of 2022.
PSTV

Hot Stocks

07:08 EST Plus Therapeutics announces two milestones toward cGMP manufacture of 186RNL - Plus Therapeutics announced it has met two significant milestones as it progresses toward cGMP manufacture of Rhenium-186 NanoLiposome, 186RNL. The Company has entered into a master services agreement, MSA, with IsoTherapeutics for the development, manufacture and supply of current Good Manufacturing Practices, cGMP, grade Rhenium-186 isotope for the Company's 186RNL investigational radiotherapeutic. This agreement will help ensure Rhenium-186 meets U.S. Food and Drug Administration requirements for use in late-stage clinical trials. Under the MSA, IsoTherapeutics will develop a synthesis process and in-process manufacturing controls, test method development and validation, stability studies, as well as manufacture cGMP Rhenium-186. Additionally and importantly, Plus Therapeutics completed the technology transfer of analytical test methods with Piramal Pharma Solutions for 186RNL drug product intermediate. This is an important milestone as it precedes the completion of the process transfer and the manufacturing of cGMP drug product intermediate.
TCRR

Hot Stocks

07:08 EST TCR2 Therapeutics, Arbor establish collaboration for TRuc-T cell therapies - TCR2 Therapeutics and Arbor Biotechnologies announced that the two companies have entered into a strategic research collaboration and non-exclusive license agreement focused on the further development of a defined set of allogeneic TRuC-T cell therapies. The collaboration leverages Arbor's proprietary CRISPR gene-editing technology, which is tailored to address the underlying pathology of genetic diseases, and TCR2's' first-in-class TRuC platform, which has demonstrated clinical activity in multiple treatment-refractory mesothelin-expressing solid tumor indications with its lead autologous program gavo-cel. Under the terms of the agreement, Arbor will receive an upfront cash payment and is also eligible to receive additional milestone payments based upon the successful achievement of development, regulatory and commercial milestones across a selected number of programs. In addition, TCR2 will pay tiered royalties on future net sales on any products that may result from this collaboration.
SPPI

Hot Stocks

07:07 EST Spectrum announces $20M investment from Hanmi Pharmaceutical - Spectrum announced a $20M equity investment by Hanmi Pharmaceutical along with revisions to the licensing agreements for Rolontis and poziotinib. Under the terms of the strategic investment, Hanmi entered into a $20M equity purchase agreement that will be priced at $1.60 per share. Amendments to the licensing agreements for both Rolontis and poziotinib will result in the conversion of the upfront milestone payments for both products to deferred royalties. In addition, the royalty obligation for Rolontis will be changed to mid-single digits as a percent of sales for a specified period. Previously, the contract terms stipulated tiered royalties ranging from low double digits to mid-teens on Spectrum's annual net sales of Rolontis. The milestone payment based on Rolontis approval in the U.S. will be eliminated in return for an additional royalty, that will continue until the milestone is fully paid, based on the incremental royalty. Also, the amended agreement eliminates poziotinib's approval milestone payment in return for an additional royalty that will continue until the milestone is fully paid, based on the incremental royalty. The companies also agreed to an amended supply arrangement that is expected to result in a lower cost of goods sold for Spectrum.
BHIL

Hot Stocks

07:07 EST Benson Hill to acquire ZFS Creston for $102M - Benson Hill announced the acquisition of ZFS Creston, an established food grade white flake and soy flour manufacturing operation in southwest Iowa for approximately $102M primarily financed through a new debt facility. The investment fulfills a final step in Benson Hill's ability to convert its proprietary soybeans into value-added soy protein ingredients for the underserved human and pet food categories.
INSE

Hot Stocks

07:06 EST Inspired Entertainment acquires Sportech Lotteries for $12.5M - Inspired Entertainment announced that it has acquired Sportech Lotteries, a subsidiary of Sportech PLC. The principal asset of Sportech Lotteries is the lottery systems contract to provide online and retail lottery services, as well as the upcoming launch of Sportech's iLottery solution, to Loteria Electronica Internacional Dominica S.A. of the Dominican Republic. The current lottery systems contract with LEIDSA had been scheduled to run until March 9, 2025. Concurrent with closing of the acquisition of Sportech Lotteries, Inspired and LEIDSA extended the lottery systems contract through March 9, 2035. Inspired acquired Sportech Lotteries for $12.5M on a cash free/debt free basis, subject to certain customary adjustments and up to $2M of potential additional earnout consideration. The upfront consideration represents a multiple of approximately 4.0x Sportech Lotteries' unaudited Adjusted EBITDA of $3.1M for the LTM ended June 30, 2021, and 3.5x Sportech Lotteries' unaudited Adjusted EBITDA of $3.5M for calendar year 2019. This acquisition was funded with cash from Inspired's balance sheet.
AVRO

Hot Stocks

07:05 EST Avrobio to deprioritize Fabry disease program for lysosomal disorder pipeline - Avrobio announced that it is shifting its portfolio priorities to focus on other clinical-stage programs and extending its cash runway into the first quarter of 2024. The company is deprioritizing its Fabry disease program due to several factors, including new clinical data showing variable engraftment patterns from the five most recently dosed Phase 2 FAB-GT patients which would significantly extend the program's development timeline, as well as an increasingly challenging market and regulatory environment for Fabry disease. "Following steady progress in 2021, we have reset our corporate priorities and will extend our cash runway to strengthen our ability to deliver on the promise of our gene therapy programs," said Geoff MacKay, president and CEO of AVROBIO. "Powered by our proprietary plato gene therapy platform, we will focus our efforts on moving value driving clinical-stage programs forward in 2022, with data updates expected for our cystinosis and Gaucher disease type 1 programs, as well as regulatory interactions anticipated across multiple programs in our pipeline. "Previously reported data from 13 patients treated across our three clinical-stage programs have shown durable engraftment out 9 to 54 months. It is the new data from the five most recently dosed Phase 2 FAB-GT patients that are discordant with these other data and show variable engraftment. In addition, the last 12 months have presented multiple challenging market and regulatory dynamics for our Fabry disease program, which would now be exacerbated by a meaningfully extended development timeline," said MacKay. "We're fully aware of the impact this difficult decision has on the patients and families whom we have had the privilege to get to know over the years, but we believe deprioritizing and halting enrollment in our Fabry disease program is the right step forward for AVROBIO and preserves our ability to continue developing therapies with the potential to address urgent unmet needs in the lysosomal disorder community."
CGEM

Hot Stocks

07:05 EST Cullinan announces FDA granted Breakthrough Therapy Designation for CLN-081 - Cullinan Oncology announced that the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation for CLN-081 for the treatment of patients with locally advanced or metastatic non-small cell lung cancer, NSCLC, harboring epidermal growth factor exon 20 insertion mutations who have previously received platinum-based systemic chemotherapy. "We are extremely pleased that Cullinan has received breakthrough therapy designation from the FDA for CLN-081, a distinction that underscores the urgent need to bring improved targeted treatments to this patient population and further supports the differentiated clinical profile of CLN-081," said Nadim Ahmed, Chief Executive Officer of Cullinan Oncology. "The updated data from our ongoing Phase 1/2a study in a larger number of patients have demonstrated a high response rate with durable responses and encouraging progression free survival in heavily pre-treated patients. We are also encouraged by the favorable safety profile observed thus far, and we look forward to ongoing, productive regulatory discussions with the FDA, which are further enabled with this designation."
CSCW

Hot Stocks

07:05 EST Color Star to make Color World avatars available as NFT - Color Star Technology that all avatars within their entertainment metaverse platform Color World will be available online as NFT, with permanent rights available for purchase by its global users. The NFT products launched online will include all avatars in Color World. Users purchasing this NFT product will not only get exclusive rights to the avatars but also a 3D-printed figurine. This NFT product launched by Color World realized the novel combination of virtual and physical forms. The NFT products launched by Color Star are expected to be available on major NFT trading platforms, as well as within Color World, for global users.
AZEK

Hot Stocks

07:05 EST Azek acquires StruXure Outdoor, terms undisclosed - Azek announced its acquisition of StruXure Outdoor, a designer and manufacturer of pergolas and cabanas. StruXure delivered net sales of approximately $50M and mid-teens adjusted EBITDA margins in calendar year 2021. Both of StruXure's existing product lines are made from up to 50% recycled aluminum. In fiscal year 2021, AZEK used 500-million pounds of scrap and waste, approximately halfway to its goal of using one-billion pounds annually by the end of 2026. StruXure will operate as a wholly owned subsidiary of Azek and CEO Scott Selzer will continue to lead StruXure's day-to-day operations. StruXure will become a part of the company's residential segment financial reporting. Azek estimates that StruXure will generate approximately $40M of revenue for the remainder of fiscal 2022. Given the seasonality of StruXure's business, contributions to fiscal Q2 are expected to reflect seasonally lower revenue and break-even profitability.
PRCT

Hot Stocks

07:04 EST Procept BioRobotics appoints Mary Garrett to board of directors - PROCEPT BioRobotics Corporation announced the appointment of Mary Garrett to its Board of Directors. Garrett most recently served on the board of Hillrom Corporation which was acquired by Baxter International Inc. in December 2021. With the appointment of Ms. Garrett, the Board of Directors of PROCEPT BioRobotics Corporation increased the number of directors on the Board to nine members.
GRTS

Hot Stocks

07:04 EST Gritstone announces clinical results from Phase 1 study of samRNA vaccine - Gritstone bio shared positive Phase 1 clinical data from the first cohort of its CORAL-BOOST study, demonstrating "both strong neutralizing antibody responses to Spike and robust CD8+ T cell responses," the company said. Gritstone's CORAL program is developing a second-generation COVID-19 vaccine designed to drive both robust neutralizing antibodies and induce broad CD8+ T cell immunity. CORAL-BOOST, one of four trials in the company's CORAL program, is evaluating the safety, reactogenicity, and immunogenicity of a samRNA vaccine directed against Spike and highly conserved non-Spike T cell epitopes as a booster against SARS-CoV-2 in healthy adults greater than or equal to60 years who previously received two doses of AstraZeneca's first-generation COVID-19 vaccine AZD1222. "We are thrilled to share that our T cell-enhanced samRNA vaccine from the CORAL program is driving both robust CD8+ T cell responses to a broad array of viral epitopes and strong neutralizing antibody responses to Spike, which we believe validates the potential of our infectious disease platform," said Andrew Allen, M.D., Ph.D., Co-Founder, President and Chief Executive Officer of Gritstone. "As we have seen with the Omicron variant, viral surface proteins such as Spike are mutating at a high rate, leaving the immunity provided by Spike-dedicated vaccines vulnerable to variants containing numerous Spike mutations. We designed our COVID-19 vaccines to drive broad CD8+ T cell immunity, an additional key layer of protection against viruses. This innovation enables inclusion of a wide array of highly conserved viral epitopes, potentially creating an immune state that may offer more robust clinical protection against current and future SARS-CoV-2 variants and be a first step toward developing a pan-coronavirus vaccine."
PRQR

Hot Stocks

07:03 EST ProQR Therapeutics announces last patient visit in Phase 2/3 trial of sepofarsen - ProQR Therapeutics announced that the last patient completed their last visit in the Phase 2/3 Illuminate trial of sepofarsen for CEP290-mediated Leber Congenital Amaurosis 10 due to the p.Cys998X mutation, also known as c.2991+1655Agreater thanG. The Illuminate trial completed enrollment in January 2021 following randomization of 36 patients aged 8 years or older to receive either sepofarsen at the target registration dose, a low dose, or sham treatment. The primary endpoint for Illuminate is mean change from baseline in best-corrected visual acuity at Month 12. The Illuminate trial was initiated based on data from a Phase 1/2 study, which indicated that at Month 12, patients treated with sepofarsen had an improvement in visual acuity, as measured by BCVA. In a subset of patients who were treated at the target registration dose, the mean change from baseline for BCVA at Month 12 was -0.93 logMAR, equivalent to approximately 9 lines improvement on the ETDRS chart. In the Phase 1/2 study, concordant improvements in measures of full-field stimulus testing and mobility were also observed, which are secondary endpoints in the Illuminate trial.
NIU

Hot Stocks

07:02 EST Niu Technologies sells 238,188 units in 4Q21 - Niu Technologies provides its sales volume results for the fourth quarter 2021. In the fourth quarter of 2021, NIU sold 238,188 units, including e-motorcycles, e-mopeds, kick-scooters and e-bikes, representing a 58.3% year-over-year growth. The number of units sold in China market reached 205,239, representing a 49.2% year-over-year growth. The number of units sold in the international markets was 32,949, representing an increase of 155.8% year-over-year. The volume is compared on a year-over-year basis instead of on a quarter-over-quarter basis due to strong seasonality in the e-scooter market. The growth in China market was mainly driven by retail network expansion. The Company continued fast retail network expansion and added 422 new stores in China during the fourth quarter 2021. There were 3,108 NIU stores in China at the end of 2021. Out of the total sales volume in the fourth quarter 2021, the entry models, having lower sales price and gross margin compared with other models being sold in China market, represented only 20.7% . The robust growth in the international markets was mainly driven by strong demand for newly rolled out advanced e-motorcycles and accretionary kick-scooters. During the fourth quarter 2021, the sales volume of e-motorcycles and e-mopeds in the international markets reached 17,905, increasing by 39.2% year-over-year. Furthermore, the Company delivered 14,916 units of kick-scooters to Europe and United States in the fourth quarter 2021. The kick-scooters have lower sales prices compared with other products sold in the international markets. In full year 2021, the Company sold approximately 1,037,914 units, representing a 72.5% year-over-year growth. The number of units sold in China market and international markets reached 988,023 and 49,891, respectively. Our sales volume count disclosed above is based on the delivery from our manufacturing facility, which may vary slightly from the sales volume measured from a financial accounting and reporting point of view. NIU's sales volume represents only one measure of the company's financial performance and should not be relied upon as an indicator of quarterly financial results, which depend on a variety of factors, including revenues from accessories, spare parts and services, cost of sales, operating expenses, etc.
SPGI

Hot Stocks

07:02 EST S&P Global acquires The Climate Service, terms not disclosed - S&P Global and The Climate Service announced that S&P Global has acquired The Climate Service. Based in Durham, North Carolina The Climate Service, Inc. was founded in 2017. Since then, The Climate Service has won multiple awards for its innovative approach to analyzing climate risks, including winner of the 2021 ESG Investing Best Specialist ESG Data Provider award, New Wave Leader 2020 by Forrester and World Changing Ideas by Fast Company.
CARR

Hot Stocks

06:57 EST Carrier Global enters $500M accelerated share repurchase agreement - Carrier Global announced that it has entered into an accelerated share repurchase agreement, or ASR, with Goldman Sachs to repurchase $500M of the company's common stock. The company intends to use part of the proceeds from the sale of the Chubb business to finance the purchases of shares under the ASR. The ASR was entered into pursuant to the company's share repurchase program, under which $1.6B remained available as of December 31, 2021 and $1.1B will remain available after giving effect to the ASR.
SPIR...

Hot Stocks

06:49 EST Spire Global appoints Tim Braswell as Chief People Officer - Spire Global (SPIR) announced that it has appointed Tim Braswell as Chief People Officer. Braswell will report to Peter Platzer, Founder and CEO of Spire. As Chief People Officer, Braswell will oversee all aspects of Spire's global human resources activities, including recruitment, talent development, employee systems, and health and wellness program management. Spire employs a diverse team of over 375 employees from more than 40 countries. Mr. Braswell will work closely with Spire management to cultivate an inclusive culture of growth and learning as the Company continues to grow rapidly. Braswell most recently spent eight years with MetLife (MET), where he served as Senior HR Partner for C-suite leaders of global finance, risk management, internal audit, legal affairs and compliance. Prior to this role, he was Chief HR Officer for MetLife's joint venture with PNB in India, based in Mumbai. In that capacity, Braswell led a significant amount of change across the organization in collaboration with the CEO and the company's Board of Directors. Prior to his time at MetLife, Braswell held senior HR positions in the US, Japan and the Latin America region at Merck (MRK).
IHS

Hot Stocks

06:35 EST IHS Holding appoints Bill Bates as Chief Strategy Officer - IHS Holding announces the appointment of Bill Bates as Senior Vice President and Chief Strategy Officer. Based in the US, Bill will be responsible for the Group's organic and inorganic strategy, running Group mergers and acquisitions and Group Commercial, reporting directly to Sam Darwish, IHS Towers Chairman and CEO. With immediate effect, Bill will serve as a member of IHS Towers' Executive Committee. Bill has over twenty years' experience in the telecommunications sector and has been instrumental in driving international growth throughout the emerging markets for SBA Communications. He joins IHS Towers from Brookfield Asset Management, one of the largest telecom infrastructure investors globally, where he has spent the last five years investing in towers, fiber and data centers.
XPO

Hot Stocks

06:33 EST XPO Logistics president Troy Cooper stepping down post spin-off - XPO Logistics announced that Troy Cooper has stepped down from his role as president, effective December 27, 2021. Cooper will continue working with the company as a senior advisor through June 30. "With the spin-off of GXO earlier this year, and in light of the progress we've made transforming XPO into a pure-play transportation company, Troy and I agreed this was a natural time for him to step down," said Brad Jacobs, chairman and CEO.
SWKH

Hot Stocks

06:19 EST SWK Holdings provides $10M to support MolecuLight expansion - MolecuLight announced that SWK Holdings has provided $10M in structured debt to support MolecuLight's global commercial expansion.
AMC

Hot Stocks

06:09 EST AMC CEO: New Year's resolution is to refinance high-interest debt - AMC CEO Adam Aron said via Twitter: "MY NEW YEAR'S RESOLUTION FOR AMC. In 2020 and early 2021, AMC took on debt at high interest rates to survive. If we can, in 2022 I'd like to refinance some of our debt to reduce our interest expense, push out some debt maturities by several years and loosen covenants. WITH AN IMPROVING FINANCIAL POSITION, one of our 2022 goals is to strengthen our balance sheet. There is no guarantee of success, but we will try very hard to get this done. We are always thinking of creative ways to make AMC's future more secure." Reference Link
F

Hot Stocks

06:05 EST Ford plans to increase all-electric F-150 Lightning production to 150,000/year - Ford Motor Company said it is planning to nearly double production of the F-150 Lightning pickup at the Rouge Electric Vehicle Center in Dearborn to 150,000 trucks per year to meet high demand for the first all-electric version of America's best-selling vehicle, the F-Series. And beginning Thursday, the first group of reservation holders will be invited to place their orders for the F-150 Lightning. The Lightning is drawing interest from customers of competitor brands at a record rate in North America, with more than 75% of reservation holders new to the Ford brand. Production of the 2022 F-150 Lightning pickup will begin this spring at a starting MSRP of $39,9741 before potential federal tax incentives. Ford is committed to leading the electric vehicle revolution, investing more than $30B in electric vehicles through 2025. Over the next two years, Ford aims to emerge as the clear No. 2 electric vehicle maker in North America and then challenge the No. 1 spot as huge investments in battery and electric vehicle manufacturing come onstream. Within 24 months, Ford will have the global capacity to produce 600,000 battery electric vehicles annually. In addition to scaling Lightning production, Ford recently announced the tripling of production for the Mustang Mach-E and expects to reach 200,000-plus units per year by 2023. Ford's all-electric van, the 2022 E-Transit, goes on sale early this year.
CAN

Hot Stocks

06:04 EST Canaan enters agreements with multiple crypto mining firms - Canaan announced that it has entered into strategic collaboration agreements with multiple crypto mining firms for joint-mining business in Kazakhstan. On December 22, 2021, the company launched the last batch of mining machines online under its first phase of deployment in Kazakhstan. As of December 31, 2021, the company had an aggregate of 10,300 AvalonMiner units in mining operations in the country. The company continues to deploy additional computing power according to its mining business expansion plan.
BC

Hot Stocks

06:03 EST Brunswick enters into VPPA with Vesper for solar energy - Brunswick has entered into a virtual power purchase agreement, or VPPA, with Vesper Energy to offset a majority of the projected electrical power needs of Brunswick's global operations through clean solar energy. Under the multi-year agreement, Vesper, a leading developer, owner, and operator of utility-scale renewable energy assets will deliver an estimated 57MW of renewable energy annually to the North American grid. The solar energy will be generated from Vesper's 500 MW Hornet Solar project in Texas, which is targeted to be fully operational by the end of 2023. Vesper has commercialized over 680 MW of solar projects in the U.S. and has an existing 3 GW solar and 2.5 GWh energy storage development pipeline.
BRTX

Hot Stocks

06:02 EST BioRestorative Therapies awarded STTR Phase I grant for $256,000 - BioRestorative Therapies announced that it has been awarded a Small Business Technology Transfer Phase I grant for $256,000. The funds will be used specifically to evaluate the therapeutic effects on the company's hypoxic cultured bone marrow derived mesenchymal stem cells after encapsulation with a PEG-peptide hydrogel. The work is being done in collaboration with Dr. Lori Setton, Chair of the Department of Biomedical Engineering at Washington University in St. Louis.
ENSG

Hot Stocks

06:01 EST Ensign Group acquires operations of Estrella Health and Rehabilitation Center - The Ensign Group announced that it acquired the operations of Estrella Health and Rehabilitation Center, a 161-bed skilled nursing facility located in Avondale, AZ. The acquisition was effective January 1, 2022 and will be subject to a long-term, triple net lease.
UTSI

Hot Stocks

05:37 EST UTStarcom announces update on cooperation with China Unicom Research Institute - UTStarcom announced progress with China Unicom Research Institute in their cooperative development and field testing of a disaggregated networking solution for 5G transport networks. China Unicom Research Institute is a wholly owned subsidiary of China Unicom, one of the major mobile network operators in China. As a relatively new technology, the disaggregation of hardware and software in telecommunication networks is drawing interest in the telecom industry, especially for 5G transport networks. China Unicom actively explores open networking technologies. Since 2020, the subsidiary China Unicom Research Institute has been developing its own White Box Router Network Operating System, named "CUNOS", in cooperation with UTStarcom. Under the terms of this previously announced cooperation agreement, the NOS is based on an open-source network operating system adopted and integrated for use in the intended application scenario: the access segment of the 5G transport network, which operates as IP RAN transport based on Segment Routing technology. The CUNOS platform is designed to support a variety of hardware implementations that can be based on certain Broadcom DNX series and Centec switching chips, Intel x86 and ARM CPUs, and non-redundant "pizza-box" as well as redundant chassis platforms. Initial Phase 1 features delivered in 2020 included the basic NOS framework, disaggregated architecture with ONIE support and hardware abstraction, L2/L3 forwarding, QoS, ACL, SyncE, and basic Netconf/YANG models. The recent Phase 2 development offers many new features critical for the intended use of the solution on 5G network of China Unicom, such as: SR-MPLS forwarding; EVPN over SR-MPLS support; Ti-LFA, IP-FRR/VPN FRR; Extended support of synchronization including support of IEEE1588v2 BFD OAM support and extended multivendor integration of Netconf/YANG models for implementation of multivendor platform support.
ABCM

Hot Stocks

05:25 EST Abcam, Alamar announce human proteome partnership - Alamar Biosciences, a platform company focused on transforming the field of proteomics to enable the early detection of cancer and other diseases, and Abcam announced a strategic partnership to further understanding of the human proteome.
ALNA

Hot Stocks

05:22 EST Allena Pharmaceuticals to explore strategic alternatives - As of December 31, the company had approximately $30M in cash and cash equivalents, and $10M of outstanding convertible debt. The company expects that its cash and cash equivalents will be sufficient to fund the company's current operational plan through the first quarter of 2022 provided that the company is not required to repay any of its outstanding debt prior to the expiration of the interest-only period that extends through the third quarter of 2022. In light of the initial Phase 2a results for the 201 trial and anticipated additional data from the ALLN-346 program, as well as the advanced stage of the reloxaliase program, the company has initiated a process to explore a range of strategic and financing alternatives and has engaged the investment bank Stifel to act as a strategic advisor for this process. Potential strategic alternatives that may be evaluated include partnerships for either or both of the company's development candidates, a sale of one or both of the development candidates, a sale or merger of the company, or securing additional financing to enable further development of the company's programs. There can be no assurance that this strategic review process will result in the company pursuing any transaction or that any transaction, if pursued, will be completed. The company has not set a timetable for completion of this strategic review process, and the company does not intend to comment further unless or until its board of directors has approved a definitive course of action, the review process is concluded, or it is determined other disclosure is appropriate.
ALNA

Hot Stocks

05:20 EST Allena Pharmaceuticals to evaluate potential modifications to URIROX-2 trial - Reloxaliase is an investigational, non-absorbed, orally administered enzyme for the treatment of enteric hyperoxaluria, or EH, a metabolic disorder characterized by high levels of urinary oxalate, or UOx, that can lead to kidney stone disease and chronic kidney disease, and for which there are no currently approved therapies. The company is currently studying reloxaliase in the pivotal Phase 3 URIROX-2 trial, a multicenter, global, randomized, double-blind, placebo-controlled study designed to evaluate the safety and efficacy of reloxaliase in approximately 200 patients with enteric hyperoxaluria over a minimum treatment period of two years. Previously reported results of the URIROX-1 study are expected to be published during the first half of 2022. URIROX-2 is being conducted at 122 sites in 16 countries. Through year-end 2021, 78 subjects have been enrolled and will comprise the cohort for the first planned interim analysis, targeted for late Q1 2022. Since initiation of the trial in Q4 2018, approximately 530 patient-months of biochemical, clinical, radiographic, and safety data have been accumulated for reloxaliase and placebo-treated patients. As a result of the ongoing pandemic, the company's cash constraints and other corporate considerations, the company is currently evaluating potential modifications to the URIROX-2 trial design, including potentially reducing the sample size and/or shortening the patient treatment period. The company plans to engage with the FDA during Q1 2022 to consider such potential modifications and the impact they may have, if any, upon the status of URIROX-2 as a Phase 3 registrational trial and the Company's accelerated approval strategy.
ALNA

Hot Stocks

05:17 EST Allena Pharmaceuticals provides update on ALLN-346 program - Allena Pharmaceuticals provided a clinical and corporate update. ALLN-346 is a non-absorbed, orally administered enzyme in development for the treatment of hyperuricemia and gout in the setting of advanced chronic kidney disease, or CKD. The company is conducting two Phase 2a trials of ALLN-346: Study 201, a one-week inpatient study being conducted at a clinical pharmacology unit, and Study 202, a two-week outpatient study being conducted at 20 sites across the U.S. In Study 201, patients with hyperuricemia are being randomized to receive either five capsules of ALLN-346 or matching placebo three times daily for one week. Planned enrollment in the trial consists of two cohorts, each with approximately 12 patients. Of the 11 patients in the first cohort, seven received ALLN-346 and four received placebo. The majority of these patients had Stage 2 CKD, including five of the seven subjects treated with ALLN-346. The second cohort is currently being enrolled with topline data expected in Q1 2022. Data from the first cohort demonstrated a statistically significant reduction in serum uric acid, or sUA, from baseline in patients treated with ALLN-346 compared to placebo. Consistent with the known pathophysiologic adaptation of increased intestinal elimination of uric acid in patients with impaired kidney function and the GI-based mechanism of action of ALLN-346, there was a strong correlation between the effect of ALLN-346 on sUA reduction and the level of kidney function. The positive data announced support proof of pharmacology for the gastrointestinal, or GI, mechanism of action of ALLN-346. In the first cohort, ALLN-346 was well-tolerated with no serious adverse events. The second Phase 2a trial of ALLN-346, Study 202, is a two-week, outpatient study designed to enroll hyperuricemic patients with gout and CKD. Patients are being randomized to receive either five capsules of ALLN-346 or a matching placebo three times daily, with enrollment of up to four planned cohorts, each consisting of approximately 12 patients. Cohort A is currently enrolling patients with an estimated glomerular filtration rate of 60-89 mL/minute and cohort B is currently enrolling patients with an eGFR of 30-59 mL/minute. Topline safety and efficacy data from each of these two cohorts of Study 202 is expected to be available in the first quarter of 2022. Subject to a planned protocol amendment and securing adequate additional financing in Q1 2022, Allena currently expects to open two additional cohorts during Q2 2022, consisting of patients with Stage 4 or advanced CKD and an allopurinol combination therapy cohort in Stage 3 CKD patients. Allena will be hosting a KOL webinar at 8:00 am ET to review the ALLN-346 data announcement with key opinion leaders.
WAB

Hot Stocks

05:11 EST Wabtec acquires railway friction business from Masu for $34M - Wabtec announced it recently acquired the railway friction business from Masu, a manufacturer of friction products across the automotive and rail industry. The acquisition, which has received necessary regulatory approvals and is subject to customary closing conditions, will expand Wabtec's installed base and accelerate growth across its brake product portfolio. The acquisition is valued at approximately $34M.