Stockwinners Market Radar for January 06, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DNA

Hot Stocks

20:13 EST Cathie Wood's ARK Investment bought 2.12M shares of Ginkgo Bioworks today
SQ

Hot Stocks

20:11 EST Cathie Wood's ARK Investment bought 121.7K shares of Block today
CAG

Hot Stocks

18:49 EST Conagra Brands CEO: Inflation has been more persistent than expected - In an interview on CNBC's Mad Money, Sean Connolly said although inflation has been persistent, he expects it to subside coming out of Q4. He noted that the company's strong brands and perseverance have been the keys to tackle inflation. According to Connolly, Conagra still spins off a lot of cash and will consider a full range of options to return it to shareholders, including dividend hikes, share buybacks and M&A.
MRIN AMZN

Hot Stocks

18:44 EST Marin Software jumps 38% to $4.75 after Amazon DSP deal - Shares of Marin Software (MRIN) are up 38% after-hours after the company "announced an integration with Amazon (AMZN) Ads' demand-side platform, or DSP. The integration will allow brands to easily manage, measure, and optimize their Amazon Advertising campaigns - from Sponsored Products, Sponsored Brands, and Sponsored Display to display, video, and audio ads - all within the MarinOne platform. Amazon DSP enables advertisers to programmatically reach Amazon audiences at scale across Amazon sites and apps as well as leading publisher sites and third-party exchanges. This comprehensive inventory allows brands to connect and engage with new and existing customers with relevant, contextual messages across the consumer journey. Advertisers can choose from multiple formats including display, audio, and Streaming TV ads via Fire TV."
BBBY

Hot Stocks

18:35 EST Bed Bath & Beyond CEO: We had great demand in Q3 - In an interview on CNBC's Mad Money, Mark Tritton said Bed Bath & Beyond is only three quarters into a three-year transformation plan. The company had "great demand" in Q3, but was challenged by inventory issues, he added. A key goal is to build on the strength of buybuy BABY. It's the "jewel in the crown" for the company, he noted.
U HYMTF

Hot Stocks

18:08 EST Unity Software to partner with Hyundai Motor on new metaverse roadmap - Hyundai Motor (HYMTF) and Unity (U) "announced at CES 2022 a partnership to jointly design and build a new metaverse roadmap and platform for Meta-Factory. The partnership will realize Hyundai's vision of becoming the first mobility innovator to build a Meta-Factory concept, a digital-twin of an actual factory, supported by a metaverse platform. The Meta-Factory will allow Hyundai to test-run a factory virtually in order to calculate the optimized plant operation, and enable plant managers to solve problems without having to physically visit the plant."
CLXT

Hot Stocks

17:31 EST Calyxt says pilot BioFactory production system now operational - Calyx announced that its pilot BioFactory production system, installed in late December 2021, is now operational at its headquarters site in Minnesota.
BAESY GD

Hot Stocks

17:29 EST BAE Systems, General Dynamics awarded on $337.61M Navy contract - BAE Systems (BAESY) and General Dynamics (GD), were awarded a firm-fixed price, indefinite-delivery/indefinite-quantity, multiple award contract for a combined ceiling of $337.61M for complex repair, maintenance and modernization requirements of non-nuclear Navy amphibious-class ships homeported in or visiting Norfolk, Virginia. These efforts consist of Chief of Naval Operations scheduled docking and non-docking, continuous maintenance and emergent maintenance availabilities of amphibious-class ships to be performed in the Norfolk, Virginia, port. Accordingly, the place of performance is the Norfolk, Virginia, port where the Mid-Atlantic Maintenance Center will administer the contract. Delivery orders will be competitively awarded under this multiple award contract, which are to be performed in Norfolk, Virginia. The contract has an estimated ordering period of five years, which is expected to end in January 2027. No funding will be obligated at contract award. The multiple award contract was competitively procured using full and open competition with six offers received via the beta.sam.gov website. The Naval Sea Systems Command is the contracting activity.
BAESY GD

Hot Stocks

17:26 EST BAE Systems, General Dynamics awarded on $639.8M Navy contract - BAE Systems (BAESY) and General Dynamics (GD) were awarded a firm-fixed price, indefinite-delivery/indefinite-quantity, multiple award contract with a combined ceiling of $639.8M for complex repair, maintenance and modernization requirements of non-nuclear Navy surface combatant-class ships homeported in or visiting Norfolk, Virginia. These efforts consist of Chief of Naval Operations scheduled docking and non-docking, continuous maintenance and emergent maintenance availabilities of surface combatant class ships to be performed in the Norfolk, Virginia, port. Accordingly, the place of performance is the Norfolk, Virginia, port where the Mid-Atlantic Maintenance Center will administer the contract. The contract has an estimated ordering period of five years, which is expected to end in January 2027. Delivery orders will be competitively awarded under these contracts, which are to be performed in Norfolk, Virginia. Fiscal 2022 operation and maintenance funding in the amount of $60,000 is obligated at initial delivery, which will expire at the end of the current fiscal year. The multiple award contract was competitively procured using full and open competition with six offers received via the beta.sam.gov website. The Naval Sea Systems Command, Washington, D.C., is the contracting activity.
BA

Hot Stocks

17:18 EST Bell Boeing awarded $1.64B Navy contract for Osprey components - Bell Boeing Joint Program Office (BA) was awarded a not-to-exceed $1.64B firm-fixed-price, performance-based logistics requirements contract for the repair, replacement, required availability, configuration management, and inventory management for supply support for 228 MV-22B; CMV-22 and CV-22 Osprey aircraft components. The contract will include a five-year base period with no options. Work will be performed in Fort Worth, Texas and Ridley Park, Pennsylvania. Work is expected to be completed by December 2026. Annual working capital funds in the amount of $246.56M will be issued for delivery order N00383-22-F-0ZV0 that will be awarded concurrently with the contract and will initially be obligated at the time of award as an undefinitized contract action with a commitment of an additional $82.19M for period of performance from January 2022 through December 2022. Funds will not expire at the end of the current fiscal year. One company was solicited for this non-competitive requirement pursuant to the authority set forth in 10 U.S. Code 2304, with one offer received. Naval Supply Systems Command Weapon Systems Support is the contracting activity.
LDI

Hot Stocks

17:05 EST LoanDepot officer Jeff Walsh sells almost $400K in company shares - LoanDepot officer Walsh disclosed in a filing that he had sold 75,000 shares of company stock on January 5, at $5.32 per share, for a total transaction amount of $398,940.
CMP

Hot Stocks

17:03 EST Compass Minerals says Q1 winter weather activity below prior year, ten-year avg - Compass Minerals "reported that fiscal 2022 first-quarter winter weather activity in its North American-served market was below both prior-year comparable period levels and the ten-year historic average for the comparable period. Due to its previously announced fiscal year-end change, fiscal 2022 first quarter represents the period from Oct. 1, 2021, through Dec. 31, 2021. Historically, the quarterly period ending Dec. 31 represents approximately 28% of the snow events experienced in North America per winter season."
KOR

Hot Stocks

17:01 EST Corvus Gold securityholders approve acquisition by AngloGold Ashanti - Corvus Gold announced that, at the special meeting of shareholders and optionholders of Corvus, securityholders voted overwhelmingly in favor of the resolution approving the previously announced plan of arrangement between Corvus and AngloGold Ashanti Holdings. Pursuant to the arrangement, the purchaser will, among other things, acquire the remaining 80.5% of the outstanding common shares of Corvus not already owned by AngloGold Ashanti Limited and its affiliates.
ASR

Hot Stocks

16:55 EST Asur reports December 21 passenger traffic up 5.2% vs December 2019 - Asur announced that passenger traffic for December 2021 totaled 5.5 million passengers, 5.2% above total traffic reported in December 2019. The traffic increase reflects the continued overall recovery in global travel demand, the ongoing rollout of Covid-19 vaccination campaigns in the U.S., and gradual vaccination progress in Mexico, partially offset by government travel restrictions and requirements in certain countries that are intended to contain the spread of the Covid-19 virus. When compared to pre-pandemic passenger levels in December 2019, ASUR's passenger traffic increased 5.1% in Mexico and 11.2% in Colombia during December 2020, while decreasing 1.7% in Puerto Rico. Passenger traffic growth in Mexico and Colombia was driven by both domestic and international traffic increases, while growth in domestic passenger traffic in Puerto Rico did not offset lower international traffic in this market during the same period. This announcement reflects comparisons between December 1 through December 31, 2021, December 1 through December 31, 2020, and December 1 through December 31, 2019. Transit and general aviation passengers are excluded for Mexico and Colombia.
JHX

Hot Stocks

16:48 EST James Hardie names Harold Wiens interim CEO - James Hardie Industries announced the appointment of Harold Wiens as Interim Chief Executive Officer. In calendar 2017 the James Hardie Board of Directors, along with senior management, identified the need for a strategic transformation to ensure the future growth and profitability of the company. Based on the need identified, the Board CEO succession plan moved to finding a new CEO to lead this strategic transformation. On 1 February 2019, the Board appointed Jack Truong as CEO of James Hardie Industries, and as discussed in our May 2021 investor day, the global leadership team has successfully driven the transformation into "A New James Hardie" over the past three years. While Mr. Truong has helped in this transformation, employees raised concerns about his work-related interactions, the company said. "The Board undertook extensive due diligence which included retaining outside counsel and a third-party consultant and provided opportunities and support for sincere change in Mr. Truong's behavior," the company noted. "Based on additional employee complaints the Board undertook further due diligence including additional due diligence from the third-party consultant. The Board ultimately concluded, based on independent third-party consultant surveys and analysis, direct input from various executives, and additional information that Mr. Truong's conduct, while not discriminatory, extensively and materially breached the James Hardie Code of Conduct, and at a Board meeting held today resolved to terminate Mr. Truong's employment, effective immediately. The Board took this action to uphold the Company's core values, including Operating with Respect, and to maintain continuity of the management team that has been instrumental in our transformation. Per the terms of Mr. Truong's contract, his on-foot incentives, including unvested LTI, will lapse. He will receive only statutory entitlements." In addition to Mr. Wiens' appointment, Michael Hammes has been appointed to the role of Executive Chairman while the CEO succession is undertaken. In this role, Mr. Hammes will provide additional leadership and oversight for the executive team and support the Interim CEO. Sean Gadd has been promoted to North America President, effective immediately.
AYX

Hot Stocks

16:46 EST Alteryx to acquire Trifacta for $400M in cash - Alteryx announced it has entered into a definitive agreement to acquire Trifacta, a cloud company that leverages scalable data management and machine learning to make data analytics faster and more intuitive. Alteryx will acquire Trifacta for $400M in cash, subject to customary purchase price adjustments. Alteryx will also establish a retention pool of $75M to be granted in the form of restricted stock units to the former employees of Trifacta. The transaction is expected to close during the first quarter of 2022 and is subject to customary closing conditions. Until the transaction closes, each company will continue to operate independently.
GWRE

Hot Stocks

16:46 EST Guidewire appoints John Mullen Chief Revenue Officer - Guidewire announced the appointment of John Mullen, former Head, North American Markets at Capgemini, as President and Chief Revenue Officer. In this newly created role, Mullen will lead Guidewire's global sales, delivery services, and customer success organizations. He will start at Guidewire in early February.
GME

Hot Stocks

16:46 EST GameStop extends rally, shares up 18% to $154.89 after WSJ report
PRCH

Hot Stocks

16:46 EST Park West Asset Management reports 5.1% passive stake in Porch Group - Park West Asset Management disclosed a 5.1% stake in Porch Group, which represents over 4.99M shares. The filing does not allow for activism.
MUX

Hot Stocks

16:42 EST McEwen Mining not in compliance with NYSE continued listing requirement - McEwen Mining reported that it has fallen below the New York Stock Exchange, or NYSE, continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above $1.00 per share, calculated over a period of 30 consecutive trading days. The company was notified by the NYSE on January 5, 2022 that the average price of its common stock for the previous 30 trading days was below $1.00 per share. McEwen Mining intends to take steps to regain compliance with the NYSE continued listing requirements. Under NYSE rules, the company has a period of six months to bring its share price and 30-day average closing share price back above $1.00. During this period, the company's common stock will continue to trade on the NYSE, subject to all other continued listing requirements. At the end of the six-month remedy period, if the share price has not recovered, the company's stock will be subject to NYSE suspension and delisting procedures. The company's listing on the Toronto Stock Exchange is unaffected by any actions of the NYSE.
IGT WWE

Hot Stocks

16:40 EST International Game to develop, distribute WWE lottery games - International Game (IGT) announced that it has signed a multi-year exclusive licensing agreement with WWE (WWE) to develop and distribute WWE-branded omnichannel lottery games and turnkey promotional programs featuring company logos, Superstars, events and programs.
BZFD

Hot Stocks

16:40 EST BuzzFeed names Christian Baesler COO - BuzzFeed named Christian Baesler as COO. Baesler, who will continue to serve as CEO of Complex Networks, joined BuzzFeed when BuzzFeed became a public company and acquired Complex Networks last month. Baesler has overseen the day-to-day operations of Complex Networks and its portfolio of brands since 2018. Prior to that Baesler spent more than a decade at Bauer Media Group.
AHT

Hot Stocks

16:37 EST Ashford Hospitality reports Q4 portfolio occupancy of 56% - Ashford Hospitality Trust "reported preliminary portfolio occupancy of 56% for the month of December 2021 with an average daily rate of approximately $149 resulting in RevPAR of approximately $83. This RevPAR reflects an approximate increase of 170% versus December 2020 and a decline of approximately 13% versus December 2019, which is the best monthly RevPAR result versus 2019 since early 2020. The company expects to report occupancy of 60% for the fourth quarter of 2021 with an ADR of approximately $157 resulting in RevPAR of approximately $95. This RevPAR reflects an approximate increase of 164% compared to the fourth quarter of 2020 and a decline of approximately 21% compared to the fourth quarter of 2019, a significant improvement from the third quarter of 2021 when RevPAR was down 26% versus the same period in 2019."
GME

Hot Stocks

16:35 EST GameStop jumps 14% to $149.58 after WSJ report of new NFT unit
VLRS

Hot Stocks

16:35 EST Volaris reports December traffic up 27%, load factor of 85.9% - In December 2021, passenger demand, or RPMs, in the domestic Mexican and international markets for Volaris increased 34.9% and 10.8%, respectively, as compared to December 2019. The company added capacity, or ASMs, both domestically and internationally, while maintaining a high load factor. In December 2021, Volaris transported 2.6M passengers, 31% higher than the pre-pandemic levels. For the first quarter 2022, the capacity the company has on sale represents an ASM growth of approximately 3% compared to the fourth quarter of 2021, implying around 53% ASM growth versus the first quarter of 2021. Commenting on December traffic figures, Volaris' President and CEO Enrique Beltranena said: "We closed the year with solid results as we continued to deploy the appropriate levels of capacity to match the strong demand in our core leisure and VFR markets."
ADTN

Hot Stocks

16:35 EST Adtran stockholders approve business combination with Adva Optical - Adran's stockholders have approved the business combination with Adva Optical Networking by an overwhelming majority. In a special meeting of stockholders held earlier today, a quorum was achieved with 85% of Adtran's outstanding shares represented. Of the voted shares, over 99% were voted in favor of the transaction. The transaction has already been approved unanimously by the Adtran Board of Directors, approved by the Adva Management and Supervisory Boards, who also have recommended to Adva shareholders to accept the offer. The transaction has also received the support of Adva's largest shareholder, Egora, which entered into an irrevocable commitment to tender into the offer shares representing 13.7% of Adva's outstanding shares, and received clearance or confirmation that public review was not needed by all required antitrust organizations. The next milestone will be the close of the initial acceptance period for the tender of Adva shares at midnight on January 12, 2022, and for the combination to be successful, at least 70% of the ADVA shares must be tendered by this time. The parties also continue to work with the relevant authorities to obtain the required foreign direct investment approvals and are confident that such approvals will be obtained in due course.
AIRG

Hot Stocks

16:32 EST Airgain selected by GRID20/20 for new wildfire monitoring solution - Airgain "announced that its Skywire(R) family of embedded modems have been selected by GRID20/20, Inc. for their innovative GRIDWIDE FIRE-SPY(TM) field sensor solution designed to address the early detection of wildfires, and to provide ongoing situational awareness to authorities during unfolding events. To combat ongoing wildfire issues, GRID20/20 is pivoting its focus to delivering enhanced public safety protection capabilities. The emerging GRIDWIDE FIRE-SPY(TM) wildfire mitigation solution presents a novel field sensor initiative that creates a first-ever, always-on outdoor wildfire detection and auto alert system. GRIDWIDE FIRE-SPY is designed to provide community-wide public safety monitoring canopies by uniquely using the existing distribution grid infrastructure. GRIDWIDE FIRE-SPY sensors will be quickly deployed onto overhead distribution transformer fleets to help improve public safety, reduce wildfire impacts, prevent certain wildfire occurrences, provide situational awareness for utility operators and first responders, reduce post-event rehabilitation costs, lessen environmental damages, reduce greenhouse gas emissions, and reduce liabilities risk for utility operators."
WWE IGT

Hot Stocks

16:31 EST WWE signs multi-year agreement with International Game Technology - WWE (WWE) "announced that it has signed a multi-year exclusive licensing agreement with International Game Technology (IGT) to develop and distribute WWE-branded omnichannel lottery games and turnkey promotional programs featuring company logos, Superstars, events and programs."
GIC

Hot Stocks

16:23 EST Global Industrial, OMNIA in nationwide cooperative contract for public sector - Global Industrial Company announced a nationwide cooperative contract with OMNIA Partners for the public sector. The new agreement builds upon the existing private sector partnership between Global Industrial and OMNIA Partners. The public sector partnership leverages the purchasing power of OMNIA Partners, one of the largest and most experienced cooperative purchasing organizations in the nation to enhance the accessibility of Global Industrial's robust product and solutions selection to public sector customers, such as educational institutions , state and local governments, and any other entities that exist for public benefit. With the launch of the new OMNIA Partners program, participants have a streamlined path to procurement of, among other items, material handling equipment, storage and shelving, HVAC/R and fans, safety and security equipment, plumbing supplies and pumps, and janitorial and maintenance products and equipment. Global Industrial is a true partner that delivers exceptional value and a "We Can Supply That" mentality to further their customer's ability to succeed, grow and achieve their professional goals. Claudia Hughes, Senior Vice President and Chief Sales Officer at Global Industrial Company, said, "We are very excited to expand our partnership with OMNIA Partners and to have them in our corner as a dedicated partner in public sector procurement. OMNIA Partners is a valued partner that significantly enhances our sales capabilities in the group procurement channel and ability to meet the customer's needs while strengthening the value and service we provide."
WDFC

Hot Stocks

16:20 EST WD-40 CEO 'expects operating environment to remain volatile' - "Our maintenance products delivered solid sales increases in the first quarter including 14 percent growth of WD-40 Multi-Use Product," said Garry Ridge, WD-40 Company's chairman and CEO. "We are pleased with our topline results in the quarter, but we are facing a volatile and challenging environment that is deteriorating our gross margin and causing disruptions to our supply chain." "This is a different game that we're playing and we are using a different playbook. We expect the operating environment to remain volatile and so we are proactively increasing the capacity and resiliency of our supply chain in many of our markets. In addition, in order to navigate the challenging inflationary environment, we are taking the necessary actions to restore our gross margins to historic levels. We're confident that our plans to rebuild margin, when coupled with the advancement of our Must-Win Battles, will enable us to deliver on both our long-term margin and revenue goals," concluded Ridge.
WKEY

Hot Stocks

16:20 EST WISeKey to generate NFT from space with WISeSat launch - WISeKey International announced that on January 13 will generate the first ever NFT from space following the launch of WISeSat on SpaceX Transporter 3 Rideshare mission riding aboard of a Falcon 9. The NFT from space will be captured by the WISeSat satellite station in South Spain city of La Linea at the LLG4ir.com Center of Excellence and minted on WISe.ART NFT Marketplace. Through the WISeSat constellation WISeKey will enable the direct connection of satellites to IoT devices for NFT authentication, completing the connection cycle from space to device through a secure telecommunication means. The space based NFT ecosystem assures personal and secure authentication capabilities through the global WISeSat constellation developed in partnership with FOSSA Systems. This solution can be used in multiple industrial applications to: optimize productivity across industries through predictive maintenance on equipment and machinery, create truly smart homes with connected appliances, and provide critical communication between devices including autonomous vehicles, self-driving cars and trucks and smart homes. The possibilities are endless. For more information visit WISeSat.Space. Last year, WISeKey made a strategic investment in FOSSA Systems allowing their satellite technology to integrate into the WISeKey IoT platform connecting all IoT sectors through the development of a WISeSAT PocketQube Satellite. The WISeSat satellite will be a security-IoT hardened FOSSASAT-2E satellite designed to further drive down satellite costs for the already-small CubeSat size. WISeKey will offer this technology to its IoT clients in a SaaS model allowing both remote and redundant urban IoT communications for companies seeking to securely connect their assets. WISeKey Trust and Security solutions offer unique integration into an end-to-end platform that communicates in real-time with the WISeSat by ensuring the authenticity, confidentiality, and integrity of the devices, objects, data and transactions.
WDFC

Hot Stocks

16:19 EST WD-40 reports Q1 gross margin 50.8% vs. 56.4% a year ago
NYT

Hot Stocks

16:19 EST New York Times to acquire The Athletic in all-cash deal valued at $550M - The New York Times Company announced that it has entered into an agreement to acquire The Athletic, the global digital subscription-based sports media business that provides national and local coverage of more than 200 clubs and teams in the U.S. and around the world, for an all cash purchase price of $550M, subject to customary closing adjustments. The transaction is expected to close in the first quarter of 2022. Meredith Kopit Levien, president and chief executive officer of The New York Times Company, said, "Acquiring The Athletic puts us in a position to be a global leader in sports journalism and offer English speakers around the world another reason to turn to the Times Company to meet their daily news and life needs. The Times already provides distinctive sports coverage for a general interest audience as part of our core report. As a stand-alone product, The Athletic will enable us to offer much more - extensive coverage for fans who seek a deep connection to and understanding of their favorite teams, leagues and players. With one of the largest dedicated teams of reporters covering sports globally and a commitment to everyday reporting, The Athletic is a great complement to The Times." The Athletic is currently expected to be immediately accretive to The New York Times Company's revenue growth rate. The Times Company expects the acquisition will be dilutive to The New York Times Company's operating profit for approximately three years, as it scales subscriptions and builds an advertising business, and accretive thereafter. The Athletic was founded in January 2016 by Alex Mather and Adam Hansmann, with the goal of providing smarter sports coverage for devoted fans through a subscription model. As of December 2021, the site had grown to 1.2 million subscribers.
PRVA

Hot Stocks

16:18 EST Privia Health names Jeffrey Sherman CFO - Privia Health announced that Jeffrey Sherman will join the company as executive VP and CFO, effective immediately. Sherman will report to Privia Health's CEO, Shawn Morris, and will be responsible for finance and accounting, including financial planning and analysis, treasury, investor relations, and SEC reporting. Sherman had served as executive VP, CFO and treasurer for HMS Holdings since 2014.
ALB

Hot Stocks

16:17 EST Albemarle increase Catalysts product prices globally - Albemarle announced a price increase for Catalysts global business unit customers. These price increases are effective immediately, or as contracts allow. Albemarle and its suppliers are continuing to see unprecedented increases worldwide in energy costs - gas and electricity - and for key raw materials that are critical to manufacturing our performance products, some of which may be temporary.
AMZN

Hot Stocks

16:16 EST Marin Software announces Amazon DSP integration - Marin Software, a provider of digital marketing software for performance-driven advertisers and agencies, announced an integration with Amazon Ads' demand-side platform. The integration will allow brands to easily manage, measure, and optimize their Amazon Advertising campaigns - from Sponsored Products, Sponsored Brands, and Sponsored Display to display, video, and audio ads - all within the MarinOne platform.
QGEN

Hot Stocks

16:14 EST Qiagen expands QuantiFERON portfolio - Qiagen: "announced important expansion initiatives for its QuantiFERON franchise, building on its status as the gold standard for detection of tuberculosis, while developing new applications for this technology designed to detect potentially deadly latent diseases. The new initiatives are expected to help drive further growth of the QuantiFERON franchise. A quantum leap from the traditional TB skin test, QuantiFERON-TB uses blood samples to test for interferon-gamma that is released from T-cells that have come into contact with TB bacteria."
JNJ

Hot Stocks

16:13 EST Johnson & Johnson reports new results on durability of COVID-19 vaccines in U.S. - Johnson & Johnson announced new results from the largest study to date on the durability of COVID-19 vaccines in the United States, showing that a single shot of the Johnson & Johnson COVID-19 vaccine resulted in long-lasting protection for up to six months against COVID-19 breakthrough infections, hospitalizations, and intensive care unit admissions. The study was sponsored by the Janssen Pharmaceutical Companies of Johnson & Johnson and conducted in partnership with the Department of Science-Aetion, Inc, and the Division of Pharmacoepidemiology, Department of Medicine at Brigham and Women's Hospital and Harvard Medical School. "We continue to undertake extensive efforts to study the durability of protection offered by the Johnson & Johnson vaccine amidst the ever-changing COVID-19 pandemic," said Mathai Mammen, M.D., Ph.D., Executive Vice President, Pharmaceuticals, Janssen Research & Development LLC, Johnson & Johnson. "While these are rapidly evolving data, we are seeing vaccine effectiveness against COVID-19-related hospitalization of approximately 80 percent from a single shot of the Johnson & Johnson vaccine, and this level of protection holds steady across the length of time studied thus far - up to six months. The robust and sustained durability of our COVID-19 vaccine reflects its unique underlying immunology. We previously reported that our vaccine induces a strong antibody response as well as an especially strong increase in T-cells that is consistent across variants, including Omicron." The new study posted on medRxiv comprehensively looked at the durability profiles for all three vaccines authorized or approved in the U.S. using the same methodology across three outcomes of interest: COVID-19 breakthrough infections, hospitalizations, and ICU admissions. The study showed that the effectiveness of the Johnson & Johnson COVID-19 vaccine against breakthrough infections and hospitalizations remained durable. The mRNA vaccines (two-doses) showed waning effectiveness for hospitalizations and breakthrough infections. All three vaccines showed no evidence of waning protection against COVID-19-related ICU admissions at any point, showing strong sustained protection against critically severe disease. The study was not designed to compare the durability of vaccines.
QDEL

Hot Stocks

16:13 EST Quidel CEO says looking ahead to launch of Savanna, closing Ortho deal in 2022 - CEO Douglas Bryant says: "As we look forward to the first half of 2022, we anticipate adding two new transformative drivers to what we have already built. First, the U.S. introduction and global acceleration of our revolutionary Savanna multiplex molecular analyzer platform that enables professional customers to analyze up to 12 pathogens or targets, plus controls, from a single sample, run in less than 25 minutes. Second, the opportunity to extend Quidel's point-of-care testing to include clinical laboratories and transfusion medicine once we successfully close our acquisition of Ortho. The synergies of our and Ortho's complementary product portfolios, robust innovation pipelines and enhanced global reach position the combined company to substantially increase its global addressable market and meaningfully expand its commercial reach."
ADVM PLRX

Hot Stocks

16:12 EST Adverum Biotechnologies appoints Star Seyedkazemi as chief development officer - Adverum Biotechnologies (ADVM) announced that Star Seyedkazemi joined Adverum as the company's chief development officer. Seyedkazemi will serve as a member of Adverum's executive committee and will report to Laurent Fischer, president and chief executive officer at Adverum Biotechnologies. Seyedkazemi will provide leadership for the company's development programs, including global clinical operations, program strategy and project management. Seyedkazemi most recently served as vice president, portfolio management for research and development at Pliant Therapeutics (PLRX).
GKOS

Hot Stocks

16:10 EST Glaukos announces FDA 510k clearance of iPRIME - Glaukos Corporation announced that it has received 510k clearance from the U.S. Food and Drug Administration for the iPRIME Viscodelivery System, a sterile, single-use, minimally-invasive device for the delivery of viscoelastic fluid during ophthalmic surgery. "Since the introduction of our first iStent Trabecular Micro-Bypass Stent in 2012, Glaukos has pioneered the MIGS marketplace and led a transformation in the way ophthalmic surgeons manage chronic eye diseases. We are thrilled to announce this clearance as we believe iPRIME will be another important tool that supports the needs of physicians and patients," said Thomas Burns, Glaukos president and chief executive officer. "This technology further expands Glaukos' broad portfolio of innovative ophthalmic solutions and is consistent with our longstanding position on the value of truly minimally-invasive therapy."
TRNO

Hot Stocks

16:09 EST Terreno Realty reports quarterly operating activity - Terreno Realty Corporation announced its operating, investment and capital markets activity for the fourth quarter of 2021. As of December 31, 2021, Terreno Realty Corporation owned 253 buildings aggregating approximately 15.1 million square feet and 36 improved land parcels consisting of approximately 127.1 acres. In addition, Terreno Realty Corporation had four properties under redevelopment that upon completion will consist of three buildings aggregating approximately 181,000 square feet and two improved land parcels of approximately 12.1 acres. The operating portfolio, excluding two properties under redevelopment, was 95.5% leased at December 31, 2021 to 554 tenants as compared to 98.0% at September 30, 2021 and 97.8% at December 31, 2020. The decline in occupancy as compared to the prior quarter was driven primarily by acquired vacancy of 373,000 square feet (approximately 250bps) of which 361,000 square feet (approximately 240bps) is pre-leased and expected to commence prior to June 30, 2022, and 82,000 square feet (approximately 50bps) from the inclusion of SoDo Row Seattle; The same-store portfolio of approximately 12.5 million square feet was 98.2% leased at December 31, 2021 as compared to 98.6% at September 30, 2021 and 98.0% at December 31, 2020; The improved land portfolio of 36 parcels, excluding two parcels under redevelopment, totaling approximately 127.1 acres was 94.8% leased at December 31, 2021 as compared to 96.1% at September 30, 2021 and 98.6% at December 31, 2021; and cash rents on new and renewed leases totaling approximately 0.6 million square feet commencing during the fourth quarter increased approximately 34.4% with a tenant retention ratio of 57.5%. Cash rents on new and renewed leases totaling approximately 2.6 million square feet commencing during the year ended December 31, 2021 increased approximately 28.4% with a tenant retention ratio of 65.7%.
MYO

Hot Stocks

16:08 EST Myomo launches MyoPro 2+ - Myomo "announced the availability of MyoPro 2+, an enhanced version of its popular MyoPro powered brace. Deliveries to patients will begin this month. Building on the MyoPro 2, MyoPro 2+ offers lighter weight, easier donning, greater comfort, and improved grasp functionality. Software and firmware enhancements include more powerful and simplified configuration options for clinicians and users as well as customizable speed control for more natural arm movement."
FDMT

Hot Stocks

16:08 EST 4D Molecular says first patient dosed in clinical trial in wet AMD - 4D Molecular Therapeutics announced that the first patient has been dosed in the Phase 1/2 clinical trial of 4D-150 for neovascular age-related macular degeneration, wet AMD. "The dosing of the first patient in the 4D-150 Phase 1/2 clinical trial in wet AMD marks an important milestone for our company and for the patients we aim to serve. 4D-150 is a dual-transgene intravitreal gene therapy incorporating the R100 capsid which we invented through our proprietary Therapeutic Vector Evolution platform," said David Kirn, M.D., Co-Founder and Chief Executive Officer of 4DMT. "We believe that 4D-150's design, which targets four distinct angiogenic factors with dual transgenes, has the potential for broad, robust and durable efficacy after a single low dose intravitreal administration in patients with wet AMD," said Robert Kim, M.D., Senior Vice President and Ophthalmology Therapeutic Area Head of 4DMT.
FDMT

Hot Stocks

16:08 EST 4D Molecular says first patient dosed in clinical trial in wet AMD - 4D Molecular Therapeutics announced that the first patient has been dosed in the Phase 1/2 clinical trial of 4D-150 for neovascular age-related macular degeneration, wet AMD. "The dosing of the first patient in the 4D-150 Phase 1/2 clinical trial in wet AMD marks an important milestone for our company and for the patients we aim to serve. 4D-150 is a dual-transgene intravitreal gene therapy incorporating the R100 capsid which we invented through our proprietary Therapeutic Vector Evolution platform," said David Kirn, M.D., Co-Founder and Chief Executive Officer of 4DMT. "We believe that 4D-150's design, which targets four distinct angiogenic factors with dual transgenes, has the potential for broad, robust and durable efficacy after a single low dose intravitreal administration in patients with wet AMD," said Robert Kim, M.D., Senior Vice President and Ophthalmology Therapeutic Area Head of 4DMT.
AZTA

Hot Stocks

16:08 EST Azenta names Matthew McManus as COO - Azentahas appointed Matthew McManus COO effective January 17th. McManus was most recently Senior VP and General Manager of the Molecular Diagnostics Division at Bio-Techne following its acquisition of Asuragen, where McManus was President and CEO. Dr. McManus was previously the President and CEO of PrimeraDx.
NBIX

Hot Stocks

16:07 EST Neurocrine sees Q4 net product sales of Ingressa up 25% to $301M vs. 4Q20 - Consensus for total Q4 revenue is $320.5M. Quarterly growth driven by record patients on therapy exiting 2021. Commercial expansion to better meet the needs of healthcare professionals across diverse sites of care on track for completion by the end of Q1 2022. "Our Q4 and full-year results highlight INGREZZA's return to growth in a challenging environment. We exited 2021 helping more patients with tardive dyskinesia than ever before. Furthermore, we now have 13 clinical programs in mid-to-late-stage studies which will generate important data readouts over the next two years," said CEO Kevin Gorman. "This year, our priorities are focused on INGREZZA and continuing to advance our broad pipeline. We are uniquely positioned to drive INGREZZA growth and reinvest in our pipeline to develop potential best-in-class medications that are focused on neurological, neuro-endocrine and psychiatric disorders for patients who deserve better treatment options."
FDMT

Hot Stocks

16:07 EST 4D Molecular says first patient dosed in clinical trial in wet AMD - 4D Molecular Therapeutics announced that the first patient has been dosed in the Phase 1/2 clinical trial of 4D-150 for neovascular age-related macular degeneration, wet AMD. "The dosing of the first patient in the 4D-150 Phase 1/2 clinical trial in wet AMD marks an important milestone for our company and for the patients we aim to serve. 4D-150 is a dual-transgene intravitreal gene therapy incorporating the R100 capsid which we invented through our proprietary Therapeutic Vector Evolution platform," said David Kirn, M.D., Co-Founder and Chief Executive Officer of 4DMT. "We believe that 4D-150's design, which targets four distinct angiogenic factors with dual transgenes, has the potential for broad, robust and durable efficacy after a single low dose intravitreal administration in patients with wet AMD," said Robert Kim, M.D., Senior Vice President and Ophthalmology Therapeutic Area Head of 4DMT.
NBIX

Hot Stocks

16:06 EST Neurocrine sees Q4 net product sales of Ingressa up 25% to $301M vs. 4Q20 - Consensus for total Q4 revenue is $320.5M. Quarterly growth driven by record patients on therapy exiting 2021. Commercial expansion to better meet the needs of healthcare professionals across diverse sites of care on track for completion by the end of Q1 2022. "Our Q4 and full-year results highlight INGREZZA's return to growth in a challenging environment. We exited 2021 helping more patients with tardive dyskinesia than ever before. Furthermore, we now have 13 clinical programs in mid-to-late-stage studies which will generate important data readouts over the next two years," said CEO Kevin Gorman. "This year, our priorities are focused on INGREZZA and continuing to advance our broad pipeline. We are uniquely positioned to drive INGREZZA growth and reinvest in our pipeline to develop potential best-in-class medications that are focused on neurological, neuro-endocrine and psychiatric disorders for patients who deserve better treatment options."
FDMT

Hot Stocks

16:06 EST 4D Molecular says first patient dosed in clinical trial in wet AMD - 4D Molecular Therapeutics announced that the first patient has been dosed in the Phase 1/2 clinical trial of 4D-150 for neovascular age-related macular degeneration, wet AMD. "The dosing of the first patient in the 4D-150 Phase 1/2 clinical trial in wet AMD marks an important milestone for our company and for the patients we aim to serve. 4D-150 is a dual-transgene intravitreal gene therapy incorporating the R100 capsid which we invented through our proprietary Therapeutic Vector Evolution platform," said David Kirn, M.D., Co-Founder and Chief Executive Officer of 4DMT. "We believe that 4D-150's design, which targets four distinct angiogenic factors with dual transgenes, has the potential for broad, robust and durable efficacy after a single low dose intravitreal administration in patients with wet AMD," said Robert Kim, M.D., Senior Vice President and Ophthalmology Therapeutic Area Head of 4DMT.
LULU AMZN

Hot Stocks

16:08 EST Lululemon names Michael Aragon as CEO of MIRROR - lululemon athletica (LULU) "announced the appointment of Michael Aragon as CEO of MIRROR and lululemon Digital Fitness, effective January 17, 2022. In this role, Mr. Aragon will oversee the development and expansion of the MIRROR in-home digital platform, and will report directly to CEO, Calvin McDonald. Mr. Aragon joins lululemon from Amazon (AMZN), where he has served for five years as Chief Content Officer at Twitch, the world's leading live-streaming service that creates unique multi-player entertainment experiences. Under Mr. Aragon's leadership, Twitch increased the number of creators using the platform from 1 million to 8 million and expanded into new content segments beyond gaming, leading to significant growth in the number of hours watched."
TMUS

Hot Stocks

16:02 EST T-Mobile sees Q4 postpaid account net additions of 315K - T-Mobile reports preliminary Q4 metrics, showing: "315K postpaid account net additions, expected best in industry and highest Q4 in last four years; 1.8M postpaid net customer additions, expected best in industry and highest Q4 in company history; 844K postpaid phone net customer additions, increased year-over-year; 224K High Speed Internet net customer additions, best quarter since launch".
CZR...

Hot Stocks

16:02 EST NYS Gaming Commission approves four mobile sports betting operators to take bets - The NYS Gaming Commission announced that four licensed mobile sports wagering operators - Caesars Sportsbook (CZR), DraftKings (DKNG), FanDuel (PDYPY), and Rush Street Interactive (RSI) - have satisfied all statutory and regulatory requirements necessary to accept and process mobile sports wagering activity and have been approved to commence operations with launch effective no earlier than Saturday, January 8 at 9 a.m. Eastern Standard Time. After that effective date, each licensee will determine when to accept wagers, based upon its business capabilities and readiness. The remaining five conditionally licensed mobile sports wagering operators continue to work towards satisfying statutory and regulatory requirements necessary to launch and will be approved on a rolling basis when requirements are met.
ADTN

Hot Stocks

15:56 EST Adtran says stockholders vote in favor of ADVA merger agreement - In a regulatory filing, Adtran disclosed that the company's stockholders voted in favor of adopting the business combination agreement, dated as of August 30, 2021, by and among the company and ADVA Optical Networking SE at a special meeting of its stockholders held on January 6, 2022.
TWTR

Hot Stocks

15:50 EST Twitter testing Tweet reaction videos on iOS - Twitter said that Tweet reaction videos can now start on the platform. The company said that the feature, which is currently in testing on iOS, allows users to tap the Retweet icon and choose "Quote Tweet with reaction" to create and customize a reaction video with the Tweet embedded. Reference Link
DAL

Hot Stocks

15:07 EST Delta projects 200 daily cancellations Thursday and Friday - Delta Air Lines stated in a post to its corporate news hub: "As severe winter weather continues to hamper U.S. flight operations, including at a number of Delta's largest hubs, a new weather waiver is now in effect for the Northeastern U.S. The waiver impacts three Delta hubs in Boston (BOS) and New York City (JFK, LGA) and 12 Delta-served markets, including the three Washington-area airports (BWI, DCA and IAD). The challenges this winter weather will bring to these major markets, plus the continued impact from the omicron variant, are expected to drive approximately 200 daily cancellations Thursday and Friday between Delta and Delta Connection out of more than 4,000 daily departures across our system." Reference Link
APLT

Hot Stocks

15:04 EST Applied Therapeutics treatment of SORD deficiency granted FDA orphan designation - According to a post on the FDA's website, Applied Therapeutics' treatment of sorbitol dehydrogenase deficiency was granted orphan designation. Reference Link
IONS

Hot Stocks

15:02 EST Ionis Pharmaceuticals' eplontersen granted FDA orphan designation - Ionis Pharmaceuticals' eplontersen was granted FDA orphan designation as a treatment of transthyretin-mediated amyloidosis, according to a post to the agency's website. Reference Link
EAR

Hot Stocks

14:58 EST Eargo jumps ater disclosing that DOJ ends criminal probe - Shares of Eargo are up approximately 70% in afternoon trading after the company announced in a regulatory filing: "As previously disclosed, on September 21, Eargo was informed that it was the target of an ongoing criminal investigation by the U.S. Department of Justice related to insurance reimbursement claims the Company submitted on behalf of its customers covered by various federal employee health plans under the Federal Employee Health Benefits program. On January 4, the DOJ confirmed to the Company that the investigation has been referred to the Civil Division of the DOJ and the U.S. Attorney's Office for the Northern District of Texas and the criminal investigation is no longer active. The Company is continuing to cooperate with the investigation."
GSK VIR

Hot Stocks

14:24 EST GSK says Canada to buy 20,000 more doses of COVID monoclonal antibody - GlaxoSmithKline (GSK) announced it has signed agreements with the Government of Canada to supply 20,000 doses of Sotrovimab for injection. Sotrovimab is a COVID-19 monoclonal antibody therapy developed by GSK and Vir Biotechnology (VIR). This follows the initial purchase agreement with the Government of Canada to supply 10,000 doses of Sotrovimab, announced on October 4, 2021. That agreement included the option for the Government of Canada to purchase additional doses based on emerging needs.
RCL

Hot Stocks

14:14 EST Hindenburg Research short Royal Caribbean as cruise outlook 'far more grim' - Hindenburg Research said in a series of tweets that it is "short (Royal Caribbean), which we believe to be one of the most dislocated "re-opening" stocks on the market today. The outlook for $RCL and the cruise industry is far more grim than other hospitality and leisure 'post-COVID' stories... We believe strongly that $RCL's business fundamentals are permanently impaired. The March 2020 bear case for $RCL is stronger than ever, yet the company's stock price already reflects a full-scale return to normal. And $RCL's operations are anything but 'normal.' As a recent Jefferies survey shows, sentiment toward cruises remains deeply damaged. 48% of respondents said they were less likely to cruise, post-pandemic." In afternoon trading, shares of Royal Caribbean have dropped almost 2% to $79.12. Reference Link
GM QCOM

Hot Stocks

14:04 EST GM says will be first to use Qualcomm Snapdragon Ride Platform for ADAS - General Motors (GM) announced that its next-generation hands-free driver assist system, Ultra Cruise, will be powered by a scalable compute architecture featuring system-on-chips developed by Qualcomm Technologies (QCOM). GM stated in a press release that it will be the first company to use the Qualcomm Technologies' Snapdragon Ride Platform for advanced driver assistance technology, which features a 5-nanometer Snapdragon SA8540P SoC and SA9000P artificial intelligence accelerator. Ultra Cruise's compute, which is about the size of two laptops stacked together, will first be available in 2023 on the Cadillac LYRIQ and the fully-electric Cadillac CELESTIQ, GM noted. "Despite its relatively small size, Ultra Cruise's compute will have the processing capability of several hundred personal computers. It will take qualities that have distinguished GM's advanced driver assist systems since 2017 to the next level with door-to-door hands-free driving," said Ken Morris, GM vice president of Electric, Autonomous and Fuel Cell Vehicle Programs.
EA

Hot Stocks

13:53 EST EA's BioWare will no longer require staff to relocate to its offices - Electronic Arts subsidiary BioWare, which has developed games in the "Mass Effect" and "Dragon Age" franchises, said that it is changing its hiring practices across North America. "The pandemic has also taught us a lot about how we can work together, even while working across North America from hundreds of different locations," said BioWare general manager Gary McKay. "And now, we'll use what we've learned and apply it to a new work model that will ensure flexibility for everyone in the studio. Our goal is to lean into the things that everyone likes about working from home, while also giving people the opportunity to return to the office with more flexibility. Going forward, we'll have new challenges with a hybrid approach to work and are focused on new tech that will help maximize collaboration and communication between onsite and remote people. Another subtle but important change we've made is in our hiring practices: Previously, we were only looking for people willing to relocate to Austin and Edmonton; now we're looking for new talent from anywhere in North America and we'll meet them where they live." McKay added that the studio remains "hard at work" on the next iterations of "Dragon Age" and "Mass Effect." Reference Link
SYNA

Hot Stocks

13:52 EST Synaptics debuts Spyder family of video protocol converters - Synaptics announced the Spyder family, the world's first single-chip DisplayPort/USB Type-C-to-HDMI 2.1 and HDMI 2.0 video protocol converters with Power Delivery and Billboard features on chip. The ultra-low-power, tightly integrated solutions address the growing user need to efficiently connect high-resolution, ultra-wide displays with variable refresh rates, VRRs, to PCs, tablets, mobile phones and gaming consoles over DisplayPort or USB Type-C interfaces. Already verified by Intel, AMD and NVIDIA, the small-form-factor ICs provide OEMs and ODMs a compact, cost-effective path to HDMI 2.1 or HDMI 2.0 connectivity using either adapters/dongles or integrated on notebook or PC motherboards.
DKNG

Hot Stocks

13:43 EST DraftKings to launch mobile, online sportsbook in New York on Saturday - DraftKings announced the company will launch its mobile and online sportsbook in New York on Saturday, January 8. The company is set to become one of the first operators to launch in the state, it said in a statement. The launch comes ahead of the NFL Playoffs, "one of the busiest periods for betting activity in the year," it added. The State authorized mobile and online sports betting in New York this past April.
RSI

Hot Stocks

13:27 EST Rush Street approved to start mobile sports wagering in New York on January 8 - Rush Street Interactive announced that it has been approved by the New York State Gaming Commission to commence mobile sports wagering operations in New York beginning this Saturday, January 8, 2022, at 9:00 am ET. "Upon launch, players across the state aged 21 and over can deposit funds and place bets at the award-winning BetRivers sportsbook on all mobile devices, tablets, desktop and laptop computers," the company stated. Richard Schwartz, CEO of RSI, said, "The long-awaited launch of online and mobile sports betting in New York - the largest online sports betting market by population in the United States - is here, and just in time. With the college football championship game on January 10th and NFL playoffs approaching, and the NBA and NHL seasons in full swing, in addition to countless other sports and betting options available for play, fans have endless entertainment at their fingertips at BetRivers."
ABT

Hot Stocks

13:19 EST Abbott says developing new category of consumer biowearables called 'Lingo' - Abbott stated in a press release that during Chairman and CEO Robert Ford's keynote at CES, the company announced it's developing a new category of consumer biowearables called "Lingo." Abbott said: "These biowearables are being designed to translate your body's unique language into actionable data to help you track and measure your general health and wellness. The sensor technology is being designed to track key signals in the body such as glucose, ketones and lactate, and could also be used one day to track alcohol levels... Lingo extends the Abbott sensing technology platform that Abbott pioneered in 2014 for people with diabetes, allowing people to continuously monitor their glucose levels with a small sensor on the back of the upper arm... Abbott then built this technology platform to develop a product designed for athletes with the 2020 launch of Libre Sense Glucose Sport Biowearableiii in Europe... Abbott is designing Lingo to measure other biomarkers beyond glucose in the future. A ketone biowearable is being developed to track ketones continuously, see how fast you are getting into ketosis, and understand exactly what keeps you there by providing insights on dieting and weight loss. A lactate biowearable is in development to track continuous lactate build up during exercise, which can be used as an indicator of athletic performance."
BENE

Hot Stocks

12:42 EST Benessere Capital Acquisition seeks extension to stave off liquidation - Benessere Capital Acquisition in a press release last night encouraged its stockholders to vote in favor of the proposal to amend its charter to extend the date by which the company has to complete a business combination from January 7, 2022 to July 7, 2022. A virtual special meeting of the company's stockholders to approve the extension amendment has been adjourned to January 7. Should Benessere not receive votes representing at least 65% of its outstanding shares of common stock, it will need to commence the liquidation process and stockholders "will be unable to capitalize on the potential opportunity presented by the proposed business combination with eCombustible Energy," the company said in a statement.
NTAP

Hot Stocks

12:40 EST NetApp names Elizabeth O'Callahan as chief legal officer, general counsel - NetApp announced the appointment of Elizabeth O'Callahan to Chief Legal Officer and General Counsel. O'Callahan previously served as Senior Vice President and General Counsel. O'Callahan previously reported to Matt Fawcett in his role as Chief Strategy and Legal Officer. Both O'Callahan and Fawcett will report to George Kurian, NetApp's CEO. "I'm laser focused on accelerating NetApp's strategy to extend our market leadership as we continue transforming our business in today's digital economy, building on the success we've already achieved," said Matthew Fawcett, Chief Strategy Officer at NetApp.
HUM

Hot Stocks

12:00 EST Humana falls -10.4% - Humana is down -10.4%, or -$47.36 to $408.47.
VVNT

Hot Stocks

12:00 EST Vivint Smart Home falls -11.5% - Vivint Smart Home is down -11.5%, or -$1.00 to $7.75.
HLGN

Hot Stocks

12:00 EST Heliogen falls -13.8% - Heliogen is down -13.8%, or -$1.35 to $8.41.
DASH

Hot Stocks

12:00 EST DoorDash rises 9.3% - DoorDash is up 9.3%, or $11.91 to $139.88.
YRD

Hot Stocks

12:00 EST Yirendai rises 11.4% - Yirendai is up 11.4%, or 31c to $3.03.
VCRA

Hot Stocks

12:00 EST Vocera rises 26.5% - Vocera is up 26.5%, or $16.59 to $79.11.
AMC $DOGE

Hot Stocks

11:50 EST AMC 'on track' to accept Dogecoin, Shiba Inu payments in Q1, says CEO - AMC CEO Adam Aron said via Twitter: "I have been repeatedly asked when AMC expects to routinely accept Dogecoin and Shiba Inu for any and all payments made via the AMC web site and mobile app. I am being told that we are still well on track for the promised Q1 implementation, with exact timing most likely in March." Reference Link
SPOT

Hot Stocks

11:23 EST Spotify announces launch of call-to-action cards for podcast ads - In a post to its corporate blog, Spotify stated: "Over the last year, Spotify has introduced new tools for creators to interact more directly with their audiences through video podcasts, Q&As, and Polls. We've also enabled experiences like Blend, which allows listeners to merge their musical tastes with their friends' in one shared playlist. Finally, we introduced our voice-controlled in-app experience, "Hey Spotify." Now we're bringing interactivity to the audio ad experience... excited to announce a new ad experience launching across podcasts called call-to-action - CTA - cards... With the launch of this new ad experience, we're making podcast ads interactive for the first time, transforming the format from something that can only be heard, into an experience that you can also see - and, most importantly, click... CTA cards are the latest step in Spotify's vision for the future of audio as an interactive, multi-way experience." Reference Link
CTST

Hot Stocks

11:07 EST CannTrust reports implementation of CCAA plan, settlement of lawsuits - CannTrust Holdings announced that its Fourth Amended & Restated Plan of Compromise, Arrangement and Reorganization dated July 7, 2021 has been implemented. The implementation of the CCAA Plan follows its approval by the Ontario Superior Court of Justice on July 16, 2021 and the approval of the US class action settlement by the United States District Court Southern District of New York on December 2, 2021. Amongst other steps, the company has contributed $50M to a trust established to facilitate the class action settlements in full satisfaction of the actions against it and $2.7M in trust for settlement of various claims under its CCAA proceedings. As planned, upon the implementation of the CCAA plan, four Directors of the company resigned from the Board of Directors with immediate effect. CannTrust has accepted resignations from Chairman of the Board Robert Marcovitch, along with Directors Mitchell Sanders, Mark Dawber and Shawna Page. "Notwithstanding the significant progress made by the CannTrust Group in these proceedings, including successfully obtaining the reinstatement of its licences from Health Canada, restructuring its operations, resuming production and processing operations, reaching key settlements, and the development, approval and sanction of the CCAA Plan, the Canadian cannabis industry generally, and the CannTrust Group specifically, have faced challenges. As a result, the CannTrust Group does not have sufficient liquidity to operate beyond the near term. CannTrust is in default of the minimum EBITDA covenant under its DIP loan. The DIP lender has not agreed to waive the default although it continues to advance funds under the facility. Despite the implementation of the CCAA Plan, CannTrust's CCAA proceedings are continuing to facilitate further discussions with potential investors and strategic partners, and to develop an orderly wind-down plan to maximize the value of its assets in the event that a financing or strategic transaction option cannot be finalized. The Company's current stay period extends to January 31, 2022."
EMBK

Hot Stocks

10:53 EST Embark Technology continues lower, down 16% after Bear Cave short report - Shares of Embark Technology are continuing to sell off and are down over 16% to $6.83 after The Bear Cave's Edwin Dorsey published a short report with cautious commentary on the company and its prospects.
EMBK

Hot Stocks

10:37 EST Bear Cave's Dorsey sees 'problems' at Embark Technology - The Bear Cave's Edwin Dorsey said in a report titled "Problems at Embark Technology" that the company "describes itself as 'an autonomous vehicle company building the software powering autonomous trucks' and merged with a SPAC in November." The company projects no revenue in 2022 and 2023, but $867M in revenue in 2024 and $2.7B in 2025, noted Dorsey, who contends that Embark's current valuation "appears to be based on puffery rather than actual substance." An except from his short report adds: "The company holds no patents, has only a dozen or so test trucks, and may be more bark than bite." In Thursday morning trading, shares of Embark have dropped about 10% to $7.39. Reference Link
INAB

Hot Stocks

10:32 EST In8bio announces clinical updates from Phase 1 clinical trial of INB-200 - IN8bio provided an update from the ongoing Phase 1 clinical trial of INB-200, an autologous DeltEx drug resistant immunotherapy, DRI,. DeltEx DRI consists of gamma-delta T cells that have been genetically engineered to be chemotherapy resistant, allowing them to be administered concurrently with alkylating chemotherapeutic agents, including temozolomide, TMZ. Cohort 1 accrual and treatment is complete with three patients having received a single dose of DeltEx DRI via intracranial infusion concurrent with maintenance TMZ administration. Cohort 2 is currently recruiting and treating patients, with one patient having completed all three doses administered intracranially at 28-day intervals concurrent with maintenance TMZ. The Phase 1 clinical trial of INB-200 and the progress reported here constitute the first single- and multiple-dosed patients with genetically modified gamma-delta T cells in any indication. INB-200 has had a manageable safety profile in all four patients treated to date, with no DLTs, CRS, immune effector cell-associated neurotoxicity syndrome or treatment-related serious adverse events. "The data to-date indicate promising PFS and OS, which will continue to be assessed on an on-going basis, with additional data anticipated at medical meetings later this year along with comprehensive biological correlative data," the company said. "Patients with GBM have poor prognoses with a median survival of 14.6 to 16.6 months and PFS of approximately 4 to 6.9 months. The data reported today suggest that INB-200 may have the potential to extend both progression-free and overall survival compared with standard-of-care in the front-line setting," said Trishna Goswami, MD, Chief Medical Officer at IN8bio. "We believe that the combination of our DRI technology and the potential to administer multiple doses of INB-200 could lead to improved efficacy results by making our gamma-delta T cells resistant to chemotherapy induced cell death, potentially permitting prolonged and more efficient tumor killing. This approach may overcome the limited efficacy observed in clinical trials of other cellular therapies in patients with solid tumors."
CIDM

Hot Stocks

10:28 EST Cinedigm to acquire streaming and entertainment company Digital Media Rights - Cinedigm announced that the company has reached an agreement to acquire Digital Media Rights, or DMR, which it calls "a diversified specialty streaming, advertising, and content distribution company with significant expertise in building audiences for global content in North America." DMR focuses on four key streaming businesses with more than 7,500 titles under distribution, has developed and operates 10 channels focused on enthusiast audiences and six of these proprietary streaming services are available as free ad-supported streaming television, or FAST, channels and/or video-on-demand apps, Cinedigm said. "Given DMR's tight programming and demographic alignment with Cinedigm's existing subscription services, the company plans on leveraging each company's respective content portfolio to enhance and broaden the company's existing streaming services. Cinedigm also plans to further expand DMR's Advertising Network," the company stated.
HLGN

Hot Stocks

10:01 EST Heliogen falls -8.2% - Heliogen is down -8.2%, or -80c to $8.96.
HUM

Hot Stocks

10:00 EST Humana falls -9.4% - Humana is down -9.4%, or -$43.03 to $412.80.
VVNT

Hot Stocks

10:00 EST Vivint Smart Home falls -9.6% - Vivint Smart Home is down -9.6%, or -84c to $7.91.
LW

Hot Stocks

10:00 EST Lamb Weston rises 12.8% - Lamb Weston is up 12.8%, or $8.10 to $71.22.
OPFI

Hot Stocks

10:00 EST OppFi rises 13.4% - OppFi is up 13.4%, or 58c to $4.90.
VCRA

Hot Stocks

10:00 EST Vocera rises 26.8% - Vocera is up 26.8%, or $16.76 to $79.28.
HUM

Hot Stocks

09:58 EST Humana lowers net membership growth estimate for MA products to 150K-200K - In a regulatory filing, Humana said that based on annual election period growth of approximately 130,000 members, the company is decreasing its net membership growth estimate for its individual Medicare Advantage products for the year ended December 31, 2022 to a range of 150,000 to 200,000 members from the previous range of 325,000 to 375,000 members. The revised estimate is primarily attributable to higher than anticipated terminations during the AEP, combined with the expectation of higher than originally projected terminations for the remainder of 2022. In addition, the company continues to expect group Medicare Advantage membership to be generally flat for 2022, as it does not anticipate any large accounts will be gained or lost as it continues to maintain pricing discipline in a highly competitive market. For PDP, the company now estimates a net membership decline of approximately 125,000 members for the year ended December 31, 2022, compared to its previous estimate of a loss of 'a few hundred thousand members'. The revised estimate is primarily attributable to better than expected sales of the Walmart Value plan and lower than projected Premier plan terminations.
ADT

Hot Stocks

09:47 EST ADT Inc. falls -7.2% - ADT Inc. is down -7.2%, or -62c to $8.02.
HUM

Hot Stocks

09:47 EST Humana falls -8.7% - Humana is down -8.7%, or -$39.83 to $416.00.
VVNT

Hot Stocks

09:47 EST Vivint Smart Home falls -13.5% - Vivint Smart Home is down -13.5%, or -$1.18 to $7.57.
LPI

Hot Stocks

09:47 EST Laredo Petroleum rises 6.7% - Laredo Petroleum is up 6.7%, or $4.73 to $75.45.
LW

Hot Stocks

09:47 EST Lamb Weston rises 10.3% - Lamb Weston is up 10.3%, or $6.49 to $69.61.
VCRA

Hot Stocks

09:47 EST Vocera rises 26.4% - Vocera is up 26.4%, or $16.54 to $79.06.
SVFD

Hot Stocks

09:33 EST Save Foods enters into distribution agreement with BRlev Agricultural Crops - Save Foods, an Israeli Agri-Food Tech company, announced a distribution agreement with Israeli cannabis company BRLev to provide Save Foods' eco crop protection treatment as a white label offering to its global network. Asaf Bardichev, co-founder and CEO of BRLev, commented: "We are very excited to start working with Save Foods to introduce their product to growers and distribute it. Mold is a major problem in the cannabis industry as pesticide use is restricted and chemical additives usually affect the quality and flavor of the plant. With Save Foods' eco crop protection treatment we can reduce crop loss and retain the delicate qualities of the plant."
ARTH

Hot Stocks

09:31 EST Arch Therapeutics announces study on AC5 Advanced Wound System - Arch Therapeutics announced a study of its proprietary adaptive self-assembling barrier scaffold and peptide technology, AC5 Advanced Wound System, demonstrated marked clinical benefit in patients with significant comorbidities and nonhealing wounds. The results of the study were published in the January 2022 issue of the peer-reviewed WOUNDS journal. The manuscript is currently available online here and is expected to be available in physical form later this month. Clinical insights gathered from the study concluded that the use of aSABS: had a marked effect on wound healing by interrupting the stalled inflammatory phase, reducing the bioburden of infected wound tissue, and stimulating the progression of the wound through the proper biological sequence of repair; contributed to fast-paced healing-with only weekly clinic visits and reapplication; resulted in the healing of wounds that have been persistently inflamed and infected and for which other advanced wound products and surgical debridement had been unsuccessful-even in patients with considerable systemic comorbidities; may offer clinicians an alternative to high-acuity operating rooms by facilitating debridement and management of some complex wounds in low-acuity outpatient clinic settings; improved patients' quality of life and the at-home burden of wound care for both patients and their caretakers; amay provide a favorable effect on patient morbidity and mortality in wound management; and may reduce burden on the health care system
CEI

Hot Stocks

09:26 EST Camber Energy closes $100M equity transaction with institutional investor - The company states that on December 31, 2021 an institutional investor purchased 10,544 shares of newly designated convertible preferred stock for a purchase price of $100M. CEO James Doris commented, "With the funding commitment in place we can confidently pursue new acquisitions and other important value-added initiatives throughout 2022, yet we have the option of redeeming all or a portion of the shares and not accept the funds if we do not believe it is in the best interest of the company to do so at the particular time. The structure was purposely designed to provide the organization with unprecedented optionality. "
VWAGY

Hot Stocks

09:23 EST Volkswagen CEO teases ID.BUZZ unveiling with 'legend returns' tweet - Volkswagen CEO Herbert Diess tweeted "The legend returns on 03/09/22!" along with what appears to be a drawing of the all-electric ID.BUZZ concept vehicle the company has previously discussed. On its website, Volkswagen has stated: "Boasting a technology-packed cockpit and a roomy interior with seating for up to 7 adults, the all-electric ID.BUZZ concept will spark the imaginations of a whole new generation of Volkswagen owners. We can't wait for you to take it for a spin." Reference Link
VINP

Hot Stocks

09:20 EST Vinci Partners announces acquisition of Port Terminal 'Porto Pontal' - Vinci Partners Investments announced that Vinci Partners' Infrastructure segment has reached an agreement with JCR Administracao e Participacoes S.A for the acquisition of the container terminal in the state of Parana, Brazil. Porto Pontal marks Vinci Partners Infrastructure team's first investment for its new Transportation and Logistics strategy. The Project's capacity will reach 3M TEUs when fully developed and will require investments of up to R$3B, which will be financed through a combination of equity and debt instruments. Jose Guilherme Souza, partner, and Head of Infrastructure for Vinci Partners, said, "We are very pleased with this new project as it sets an important milestone within our Transportation and Logistics strategy, which we believe has great potential for growth in Brazil, due to its extensive pipeline of investment opportunities in ports and highways. Porto Pontal's main objective is to be placed among the biggest and most efficient container terminals in the country, generating sustainable and positive socioeconomic impact in the state of Parana."
HLTH

Hot Stocks

09:17 EST Cue Health to co-develop Omicron-genotyping COVID-19 test - Cue Health will develop an Omicron-Genotyping COVID-19 test to be used in professional point-of-care settings as part of the company's ongoing work with the U.S. Department of Health and Human Services' Biomedical Advanced Research and Development Authority within the Office of the Assistant Secretary for Preparedness and Response. The Omicron-specific test will complement Cue's existing highly-accurate, molecular COVID-19 test, which can detect all known COVID-19 variants, including Omicron, a finding announced by the company in November. The additional funding from BARDA will be used to accelerate the development, validation, and regulatory authorization of a single-plex assay designed solely to detect the Omicron variant in nasal samples. The new test will be compatible with the Cue Health Monitoring System and the Cue Health Mobile Application. Cue's tests work by targeting a region of the nucleocapsid gene that is highly conserved, and company scientists have found that the test's accuracy has remained unaffected by the mutations in the Omicron variant and other variants of concern to date.
RDHL

Hot Stocks

09:17 EST RedHill Biopharma, Gaelan Medical enter license agreement for Talicia for UAE - RedHill Biopharma announced that it has entered into an exclusive license agreement with Gaelan Medical Trade, a wholly owned subsidiary of the Ghassan Aboud Group, for Talicia in the United Arab Emirates. Under the terms of the agreement, RedHill will receive an upfront payment of $2M and is eligible for additional milestone payments as well as tiered royalties up to mid-teens on net sales of Talicia in the UAE. Gaelan Medical will receive the exclusive rights to commercialize Talicia in the UAE, as well as a right of first refusal to commercialize Talicia in the Gulf Cooperation Council region (Saudi Arabia, Kuwait, Qatar, Bahrain and Oman) for a pre-determined period.
NOTV

Hot Stocks

09:13 EST Inotiv announces acquisition of Robinson Services - Inotiv announced the acquisition of the rabbit breeding and supply business of Robinson Services, a North Carolina-based provider of high-quality animal models. The acquisition is another step in Inotiv's strategic plan for building its Research Models and Services, RMS, business. The acquisition consisted of the purchase of certain assets used by RSI in the acquired business, including the RSI customer list, a covenant not to compete from RSI and a one-year supply agreement for rabbits to be provided by RSI to Inotiv, which is subject to extension by mutual agreement. Inotiv plans to consolidate the RSI business into existing Inotiv facilities during 2022. "The acquisition of RSI's rabbit breeding capacity will enhance our plan to optimize the global footprint of our RMS business," said Jim Harkness, Inotiv's Chief Operating Officer, RMS. "We will achieve our plans by leveraging existing capabilities and network capacity to deliver the broadest range of options to our clients."
BRFH

Hot Stocks

09:12 EST Barfresh Food Group announces Roger as new CFO - Barfresh Food Group announced that its Board of Directors has named Lisa Roger as its new CFO. "Roger has extensive public manufacturing company experience and has successfully managed all aspects of finance, most significantly business development and tax strategy, for numerous companies that went from $200M to over $1 billion of annual revenues," the company said.
SPRC

Hot Stocks

09:12 EST SciSparc recruits first patient in Phase IIa trial of Alzheimer's candidate - SciSparc announced that The Israeli Medical Center for Alzheimer's has recruited the first patient to participate in the company's Phase IIa clinical trial that will evaluate the safety, tolerability and efficacy of SCI-110 in patients with Alzheimer's disease and agitation using the company's proprietary cannabinoid-based technology. The trial's primary objective is evaluating the safety of SCI-110 and the secondary objective is evaluating the ability of the compound to ameliorate agitation and other behavioral disturbances in patients with Alzheimer's disease. The drug product SCI-110 is a unique proprietary combination of Dronabinol - synthetic delta-9-tetrahydrocannabinol -, and Palmitoylethanolamide.
IFMK

Hot Stocks

09:11 EST iFresh provides update on operations - iFresh is providing an update to investors about the status of its operations. As previously disclosed, iFresh was delisted from the Nasdaq Stock Market on November 23, 2021 based on two continued listing deficiencies, so its common stock is currently traded on the OTC Expert Market under the ticker IFMK. While seeking to establish relationships with market makers to provide additional trading opportunities in its stock, the Company is working on returning to compliance with ongoing reporting obligations. Long Deng, Chairman of iFresh, stated, "While iFresh is busy preparing its quarterly and annual reports, I wanted to inform shareholders of several operational updates for the Company. Our subsidiary New York Mart has partnered with Uber to offer online grocery delivery services in New York City. The delivery services will be provided through the Cornershop-powered e-grocery marketplace. After partnering with HungryPanda, a specialist food delivery platform, and Yami, an E-commerce platform, this is the next step forward in our online order integration. In addition, we have entered into a master product supply agreement with Alibaba.com Singapore E-Commerce Private Limited and established a cross-border trade partnership, enabling iFresh to sell American food and products to China via Tmall Global's cross-border e-commerce platform." Long Deng continued: "iFresh's stores in the United States are operating normally. Our management team believes a setback like our delisting has pushed us to focus on shoring up our business fundamentals. We will continue to working on returning to compliance while we communicate with the investors who have supported and believed in us through the years."
BIOL

Hot Stocks

09:09 EST Biolase's platform-based EdgePRO system granted FDA 510 (k) approval - Biolase and EdgeEndo, a company which commercializes endodontic products, announced the FDA 510(k) clearance of the EdgePRO system, a new laser-assisted microfluidic irrigation device solution to current cleaning and disinfection techniques. The EdgePRO Laser-Assisted Microfluidic Irrigation device is built upon Biolase's patented platform, Er,Cr:YSGG 2780 nm wavelength laser technology. Biolase will manufacture the EdgePRO system, consumable procedure tips, and accompanying accessories for EdgeEndo. EdgeEndo will commence selling the EdgePRO system and related products immediately within the U.S.
ME

Hot Stocks

09:08 EST 23andMe initiates Phase 1 trial of immuno-oncology antibody - 23andMe announced the first participant has been dosed in a Phase 1 clinical trial evaluating 23ME-00610 for the treatment of advanced solid tumors. 23ME-00610 is 23andMe's first wholly-owned immuno-oncology antibody to enter the clinic. The target for the new investigational antibody, CD200R1, was identified as a promising immuno-oncology target through 23andMe's proprietary genetic and health survey database. "This is an important milestone for 23andMe in our mission to help people access, understand and benefit from the human genome," said Anne Wojcicki, CEO and co-founder, 23andMe. "When we started our Therapeutics group, our goal was to find new medicines validated by human genetics for people with serious unmet medical needs. That's why we're excited to move 23ME-00610 into the clinic to potentially help people with cancer who are in need of new treatment options." The Phase 1 clinical trial is designed to evaluate the safety, tolerability and pharmacokinetics of 23ME-00610 in patients with locally advanced or metastatic solid tumors whose disease has progressed after standard of care treatment.
UPWK...

Hot Stocks

09:07 EST Upwork announces Melissa Waters joins as chief marketing officer - Upwork (UPWK) announced that Melissa Waters has joined the company as its chief marketing officer. Waters is an accomplished and award-winning marketing executive with more than 15 years of experience building world-class brands, developing high-performing teams, and driving business impact. She joins Upwork from Meta (FB, MVRS), where she was global vice president of marketing at Instagram. Previously, she led marketing, merchandising, and business development for telehealth leader Hims & Hers. Prior, Waters served in executive marketing positions at Lyft (LYFT) and Pandora. We are experiencing a tectonic shift in how work gets done, which shows no signs of slowing down. Covid is causing many people to reevaluate their priorities, innovate their careers, and explore new ways of working. Some are choosing new roles that speak to their passions and hobbies, others are supplementing their full-time jobs, and many are giving up full-time jobs altogether to gain more flexibility as freelancers. For companies that have been hesitant to adopt workforce innovation, these workforce shifts - and the resulting war for talent due to the Great Resignation - are causing companies to experiment more than ever before with new work models and more modern talent sources, both of which Upwork offers.
PACB

Hot Stocks

09:07 EST Pacific Biosciences expands fleet of HiFi applications with Azenta - PacBio announced an expansion of its extensive suite of HiFi applications with Azenta Life Sciences, formerly GENEWIZ. The deal will increase PacBio's HiFi sequencing platforms across Azenta's newly combined company and support Azenta's mission to enable life science companies to deliver impactful breakthroughs and therapies to market faster. "Azenta is a global leader in genomics services, and we're very pleased that our highly accurate HiFi sequencing technology will continue to underpin leading-edge research to build a healthier world for people everywhere," said Christian Henry, Chief Executive Officer and President at PacBio. "With a focus on the future, we are continuing to redefine what is possible in genomics."
AMGN

Hot Stocks

09:06 EST Amgen, Generate Biomedicines announce research collaboration agreement - Amgen and Generate Biomedicines announced a research collaboration agreement to discover and create protein therapeutics for five clinical targets across several therapeutic areas and multiple modalities. As part of the research collaboration, Amgen will pay $50M in upfront funding for the initial five programs with a potential transaction value of $1.9B plus future royalties, and will have the option to nominate up to five additional programs, at additional cost. For each program, Amgen will pay up to $370M in future milestones and royalties up to low double digits. Amgen will also participate in a future financing round for Generate. Additional terms were not disclosed.
CLSK

Hot Stocks

09:06 EST CleanSpark reports December bitcoin production of 226 - CleanSpark released its unaudited bitcoin production and operations update for the calendar year-to-date ending December 31, 2021. Bitcoin Production & Operations Update: December monthly production: 226; Calendar year-to-date production ending December 31: 1,528; Total BTC holdings as of December 31: 633; Total BTC converted for operations and growth in CY2021: 909; Currently deployed fleet of over 18,800 latest-generation bitcoin miners with a total hashrate of 1.9 EH/s . The Company sold 414 bitcoin during December 2021 at an average of $49,791 per BTC to support growth and operations. As of the date of this release, daily BTC production has reached a high of 9.5.
JLL

Hot Stocks

09:05 EST Jones Lang LaSalle acquires proptech company Hank, terms not disclosed - JLL announced it has acquired Sacramento-based Hank, a virtual engineering platform powered by artificial intelligence that autonomously optimizes the management systems of commercial buildings to deliver increased comfort, air quality and energy savings.
STRN

Hot Stocks

09:04 EST Stran & Company secures multi-year contract with national healthcare company - Stran & Company announced that it has secured a multi-year contract with a large nationally recognized healthcare company to provide incentive products and literature designed to help drive consumer health behaviors. The incentive products that will be distributed to the program participants include branded promotional items, educational collateral, and un-branded medical devices that are aimed at driving consumer health behaviors of pregnant women as well as those suffering from hyper-tension or high blood pressure. Andy Shape, President and CEO of Stran, commented, "We are pleased to be selected by this premier healthcare company, which reflects our traction in the market. We believe this selection also validates our ability to address the complex marketing needs of our customers. The healthcare industry is among the top industries utilizing promotional products as a marketing tool to increase brand awareness and engage with consumers. We believe the healthcare market represents a significant, yet largely untapped, opportunity to utilize promotional products to help drive positive and healthy consumer behaviors. We look forward to working closely with this customer and anticipate this contract will drive significant annual revenue for Stran with potential expansion opportunities."
REE MGA

Hot Stocks

09:04 EST Ree Automotive names David Goldberg as CFO, effective February 2022 - Ree Automotive (REE) announced the appointment of automotive industry finance executive David Goldberg as the company's CFO, effective Feb 2022. Goldberg joins REE from Magna International (MGA), one of the world's largest automotive suppliers, where he is currently Senior Vice President of Corporate Development, following a role as Vice President of Finance and Corporate Development at the company.
MBII

Hot Stocks

09:03 EST Marrone Bio relocates corporate headquarters to North Carolina - Marrone Bio Innovations announced it has relocated its corporate headquarters from Davis, California, to Raleigh, North Carolina, to support the company's growing presence in markets outside the United States. The move predominantly affects corporate executive positions. Davis will continue to be the hub for the company's research and development operations, along with a number of support functions. "International expansion is a key element of our long-term growth plans, and this move provides us greater proximity to global markets," said Chief Executive Officer Kevin Helash. "We're delighted to be part of the rich agricultural technology community in the Research Triangle area, and look forward to deepening our relationships with partners and customers based in the area. Given the region's extensive agricultural focus, we also anticipate tapping into a talent pool of individuals who will be attracted to the growth opportunities Marrone Bio has to offer."
ADSK

Hot Stocks

09:02 EST Autodesk names Rebecca Pearce Chief People Officer - Autodesk has named Rebecca Pearce Chief People Officer, effective immediately. Pearce has more than 20 years of human resources experience, having worked in technology leadership roles in Asia, Europe and North America.
AMGN

Hot Stocks

09:01 EST Amgen, Generate Biomedicines announce research collaboration agreement - Amgen and Generate Biomedicines announced a research collaboration agreement to discover and create protein therapeutics for five clinical targets across several therapeutic areas and multiple modalities. As part of the research collaboration, Amgen will pay $50M in upfront funding for the initial five programs with a potential transaction value of $1.9B plus future royalties, and will have the option to nominate up to five additional programs, at additional cost. For each program, Amgen will pay up to $370M in future milestones and royalties up to low double digits. Amgen will also participate in a future financing round for Generate. Additional terms were not disclosed.
AIP

Hot Stocks

08:59 EST Arteris IP added to Russell 2000 Index - Arteris IP announced that the company was added to the Russell 2000 Index effective after the U.S. market opened on December 20, 2021. Membership in the Russell 2000 Index, which remains in place until the next reconstitution, is based on membership in the broad-market Russell 3000 Index. The stock has been automatically added to the appropriate growth and value indexes. "The addition of Arteris IP to the Russell 2000 Index builds on the momentum of our successful IPO in October," said said K. Charles Janac, president and CEO of Arteris IP. "Arteris IP's inclusion in the Russell indexes marks another step forward that will continue expanding our reach broadly within the investment community."
SNSE

Hot Stocks

08:57 EST Sensei Biotherapeutics announces two executive promotions - Sensei Biotherapeutics announced two promotions within the company's senior management team. Erin Colgan, formerly senior vice president of finance and administration, has been appointed to chief financial officer. Robert Pierce, M.D., formerly chief scientific officer, has been appointed chief research & development officer and will have additional responsibility for drug discovery, translational medicine, and clinical development of Sensei's pipeline programs.
NTLA

Hot Stocks

08:54 EST Intellia Therapeutics highlights strategic priorities, milestones for 2022 - Intellia Therapeutics outlined its expected milestones and the following strategic priorities for 2022: Accelerating clinical validation of in vivo pipeline: Further characterize the safety and efficacy of NTLA-2001, including in patients with cardiomyopathy and complete enrollment of the Phase 1 study; establish the initial clinical profile of NTLA-2002 as a single-dose therapy for the treatment of hereditary angioedema. Strategic pipeline expansion: Significantly progress in vivo and ex vivo pipeline, including determining the initial safety profile of NTLA-5001 for acute myeloid leukemia , advancing in vivo insertion candidates and nominating multiple new development candidates. Platform innovation: Broaden the Company's industry-leading platform through expansion of Intellia's genome editing, delivery and cell engineering capabilities. "Unequivocally, 2021 was a landmark year for Intellia. We demonstrated that our proprietary CRISPR-based platform and LNP technology can turn revolutionary science into potentially transformational medicines. Our platform enables us to advance genome editing approaches, which maximizes our ability to target a multitude of life-threatening diseases," said Intellia President and Chief Executive Officer John Leonard, M.D. "As we begin 2022 with great momentum, we are poised to significantly expand our full-spectrum pipeline of potentially curative therapies with the nomination of at least two new in vivo candidates and our first allogeneic development candidate during the year. Importantly, we look forward to sharing additional data from the ongoing study of NTLA-2001 and interim results from the Phase 1/2 study of NTLA-2002, which we expect will further demonstrate the modularity of our genome editing platform." Intellia ended the fourth quarter of 2021 with approximately $1.1B in cash, cash equivalents and marketable securities.
CXBMF

Hot Stocks

08:52 EST Calibre Mining reports Q4 gold production 49,218 ounces - Calibre Mining reports operating results for the fourth quarter and year ended December 31, 2021 and 2022 production, sales, and cost guidance. Q4 and Full Year 2021 Production and Sales: Q4 production of 49,218 ounces and sales of 49,207 ounces of gold; and Record production of 182,755 ounces, exceeding high-end of production guidance, and sales of 183,242 ounces of gold. Full Year 2021 Highlights: Announced the acquisition of Fiore Gold in Nevada, creating a diversified, Americas focused, growing mid-tier gold producer; transaction expected to close January 12, 2022; Exceeded the high-end of 2021 production guidance with a strong fourth quarter; Cash as at December 31, 2021 of $78.4 million, an increase of $25.2 million from December 31, 2020; Completed the Pavon Pre-Feasibility Study demonstrating a robust satellite ore source feeding into the Libertad mill which has over 50% surplus capacity; Commenced low-cost open pit mining at Pavon Norte, increased haulage rates quarter over quarter to Libertad, delivering target of 1,077 tonnes per day in September; Announced a 200% increase in year-end 2020 Reserves to 864 koz, representing the largest Mineral Reserve since 2010 with the highest grade on record of 4.49 g/t gold; Advanced technical drilling, land purchases, social and environmental work at the initial resource zones within the Eastern Borosi Project and plan to submit permit applications in early Q1 2022 for open pit and underground operations, leading to expected H2 2023 production growth; 2021 high-grade EBP drill results included: 25.1 g/t gold over 9.7 metres Estimated True Width, 39.2 g/t gold over 3.1 metres ETW, 9.1 g/t gold and 19.9 g/t silver over 6.5 metres ETW, 25.9 g/t gold and 15.3 g/t silver over 1.9 metres ETW, and remains open for expansion; Discovered the high-grade Volcan zone located within 5 kms of the Libertad Mill, results included: 15.6 g/t gold over 4.9 metres ETW and 7.9 g/t gold over 3.4 metres ETW, 11.4 g/t gold over 5.4 metres ETW and 9.26 g/t gold over 1.7 metres and remains open for expansion.
ERO

Hot Stocks

08:50 EST Ero Copper announces update mineral reserves, resources for MCSA mining complex - Ero Copper announces the results of its 2021 updated National Instrument 43-101 Standards of Disclosure for Mineral Projects compliant mineral reserve and resource estimates on its 99.6% owned MCSA Mining Complex located in Bahia State, Brazil and its 97.6% owned NX Gold Mine, located in Mato Grosso State, Brazil. The updated mineral reserve and mineral resource estimates incorporate drilling activities and mining depletion on the properties through September 30, 2021. Highlights of the 2021 update include: In total, at the same cut-off grades, a 13% increase in total proven and probable mineral reserves at the MCSA Mining Complex with a significant 56% increase in mineral reserves within the Deepening Extension Zone of the Pilar Mine that remains open for potential expansion; and, A 32% increase in measured and indicated mineral resources for the NX Gold Mine, at the same cut-off grades. These increases are driven by extensions of the Santo Antonio Vein and the maiden mineral reserve estimate for the Matinha Vein that remains open for potential expansion and is expected to become an integral part of the operation in the coming years. Deepening Extension Zone Highlights, Pilar Mine: Drill results continue to demonstrate significant year-on-year increases in the grade and contained copper of the Deepening Extension Zone of the Pilar Mine since its initial discovery in 2018. Proven and probable mineral reserves within the Deepening Extension Zone increased by 56% to 194.2 kt of contained copper; Measured and indicated mineral resources, inclusive of mineral reserves, within the Deepening Extension Zone increased by 55% year-on-year to 217.1 kt of contained copper; and, Inferred mineral resources within the Deepening Extension Zone increased by 37% to 130.1 kt of contained copper.
OTIC

Hot Stocks

08:44 EST Otonomy expects current capital sufficient to fund operations into H2 of 2023 - The company finished 2021 with approximately $77M in cash, cash equivalents and short term investments and expects that its current capital is sufficient to fund operations into the second half of 2023.
OTIC

Hot Stocks

08:43 EST Otonomy provides update on its product pipeline - Otonomy provided an update on its product pipeline. Consistent with previously stated timing, the company expects to report results for the Phase 2a cohort of OTO-413 in hearing loss patients early in the second quarter of 2022 and the Phase 2 trial of OTO-313 in tinnitus patients in mid-2022. The company also plans to initiate a clinical safety evaluation of higher unilateral as well as bilateral dosing of OTO-313 and, as previously announced, has initiated clinical evaluation of higher dosing of OTO-413. Results of these multiple studies are expected to inform initiation of a full dose-ranging Phase 2 trial for OTO-413 by the end of 2022 and start of the Phase 3 clinical program for OTO-313 in the first half of 2023. "We are excited to begin 2022, a catalyst-rich year for Otonomy because of our multiple clinical trial readouts for both OTO-313 and OTO-413, novel products that target large patient populations with high disease burden and no approved drug treatment," said David A. Weber, Ph.D., president and CEO of Otonomy. "For OTO-313, we expect to generate robust clinical data to inform the Phase 3 program by having efficacy readouts for Months 1 and 2 as well as the extended follow-up period out to Month 4, and we will also have safety data for both a higher unilateral OTO-313 dose and bilateral dosing. Similarly, efficacy data from the OTO-413 Phase 2a cohort plus ongoing dose escalation evaluation will provide a good basis for initiating a full dose-ranging Phase 2 efficacy trial for OTO-413 later this year."
PCVX

Hot Stocks

08:40 EST Vaxcyte announces FDA clearance of IND for VAX-24 - Vaxcyte announced that the U.S. Food and Drug Administration, FDA, has cleared the Investigational New Drug, IND, application for VAX-24, its lead, 24-valent pneumococcal conjugate vaccine, PCV, candidate designed to prevent invasive pneumococcal disease. Vaxcyte expects to initiate the VAX-24 Phase 1/2 clinical proof-of-concept study in adults in the first quarter of 2022 and announce topline immunogenicity results by the end of the year. "Clearance of our first IND is an important milestone as we transition to being a clinical-stage company with VAX-24, our lead, broad-spectrum PCV candidate, as it advances into the clinic to generate proof-of-concept data in adults," said Grant Pickering, Chief Executive Officer and Co-founder of Vaxcyte. "We currently expect to deliver topline results from our VAX-24 Phase 1/2 clinical study by the end of 2022, while also continuing to advance the rest of our pipeline including VAX-XP, our PCV candidate with an expanded breadth of coverage of greater than 30 strains."
BMEA

Hot Stocks

08:40 EST Biomea Fusion releases pre-clinical data with BMF-219 in diabetes - Biomea Fusion announced that BMF-219 displayed "remarkable' activity in both the Zucker Diabetic Fatty, ZDF, Rat and the Streptozotocin-Induced Diabetes, STZ, animal models of type 2 diabetes. Biomea conducted both the ZDF and the STZ experiments to measure the potential impact of BMF-219 for the treatment of type 2 diabetes. In both models, BMF-219 was able to normalize glucose levels in the majority of animals after just two weeks of treatment. Notably, the majority of the effect was maintained despite complete washout of BMF-219. Together, Biomea believes these results indicate the clinical potential for a novel menin inhibitor as a treatment for type 2 diabetes. Detailed reviews of both studies will be submitted to an upcoming scientific conference. The company intends to hold a meeting with regulators this quarter to discuss plans for a Phase 1/2 study.
AIRI...

Hot Stocks

08:38 EST Air Industries awarded 'Life of the Program Extension' to deliver components - Air Industries Group (AIRI) is pleased to announce that its Sterling Engineering subsidiary has been awarded a "Life of the Program Extension" of a Long-Term Agreement to deliver Turbine Exhaust Case components for the PW-4000 jet engine used on many Airbus (EADSY) and Boeing (BA) commercial aircraft, including the A-330 and Boeing 777. It is anticipated that this contract extension will generate revenue in excess of $6 million over its remaining term. Turbine Exhaust Cases are highly engineered critical components of jet engines. The TEC for the PW-4000 is five feet in diameter. Sterling Engineering has been producing this component for the PW-4000 jet engine for over ten years. Mr. Lou Melluzzo, CEO of Air Industries, commented: "One of the key corporate objectives at Sterling Engineering is to transition a larger percentage of the product mix into long term agreements. Extending this Exhaust Case component for the "life of the program" confirms our customer's confidence that we can produce it competitively and meet their delivery requirements. This award, together with the LTA for the CH-53K helicopter that we announced on October 13th of last year, furthers our progress with the transition of Sterling Engineering's business."
RPRX

Hot Stocks

08:37 EST Royalty Pharma board increases quarterly dividend 12% to 19c per share - Royalty Pharma announced that its board of directors has declared a dividend for the first quarter of 2022 of $0.19 per Class A share, reflecting a 12% increase in the company's quarterly dividend over the previous quarter's dividend. The dividend will be paid on March 15, 2022, to shareholders of record at the close of business on February 18, 2022.
GNSS

Hot Stocks

08:37 EST Genasys expands Zonehaven services, alerting resources in California - Genasys announced four additional California counties have entered into multi-year Genasys Zonehaven software services contracts. "Zonehaven's critical evacuation planning, alerting, and real-time life safety information are now available to first responders, emergency services agencies, and the more than 430,000 residents living in Mono, San Luis Obispo, Siskiyou and Sutter counties," the company said. "The hurricane-force winds that drove the most destructive fire in Colorado's history during the last week of December 2021 are further evidence that severe weather and wildfire danger have become year-round hazards in many areas," said Richard Danforth, Chief Executive Officer of Genasys Inc. "By providing first responders and emergency services agencies with vital tools to plan, train for and execute rapid, orderly evacuations, our Zonehaven software services and evacuation management platform helps keep people safe during crisis situations." The Zonehaven platform also incorporates hyperlocal knowledge to model evolving disaster scenarios and subsequent impacts on evacuation zones, traffic patterns and public safety.
HSON

Hot Stocks

08:35 EST Hudson Global appoints Mimi Drak as chair of board of directors - Hudson Global announced the appointment of Mimi Drake as Chair of its Board of Directors, effective January 1, 2022. Drake has served as a director of the Company's Board since February 2019 and has chaired its Nominating and Governance Committee since May 2019.
RFL

Hot Stocks

08:34 EST Rafael announces completion of dose escalation with no DLT in trial of CPI-613 - Rafael Pharmaceuticals announced the completion of the first cohort of dose escalation with no dose-limiting toxicity, DLT, in the APOLLO 613 Phase 1/2 clinical trial of CPI-613 in combination with hydroxychloroquine in patients with relapsed clear cell sarcoma. Rafael is also launching additional sites for the trial at Seattle Children's and Atrium Health Wake Forest Baptist. Existing sites already enrolling patients include City of Hope in Duarte, California, Cleveland Clinic Children's, University of Michigan's Rogel Cancer Center and Vanderbilt University Medical Center. "The success of our first cohort of dose escalation increases our optimism that devimistat may help address the gaps for efficacious treatment methods for relapsed clear cell sarcoma," said Sanjeev Luther, President and CEO of Rafael Pharmaceuticals. "There is a significant unmet need in treatments for clear cell sarcoma and other rare cancers, and as such, patients and physicians in the rare disease community are incredibly hopeful of devimistat's capabilities."
PHUN

Hot Stocks

08:33 EST Phunware announces two strategic supplier relationships, PC series for CES - Phunware announced two new strategic supplier relationships in support of a Consumer Electronics Show, CES, inspired series of optimized high performance computers provided by its LYTE Technology business unit. "With these new strategic supplier relationships, we took the guesswork out of selecting the right personal computer systems for power users' needs," said Caleb Borgstrom, Vice President and General Manager of LYTE by Phunware. "Phunware launched these four newly optimized personal computers designed specifically for high-end gamers, traders, streamers and cryptocurrency miners in conjunction with CES in Las Vegas." New PCs include: LYTE Gaming Series; LYTE Trading Series; LYTE Streaming Series; and LYTE Mining Series
EBET

Hot Stocks

08:32 EST Esports Technologies files patent for performance-based betting system - Esports Technologies announced the filing of a new patent application for a "Financial Instrument Performance-Based Pari-Mutuel Betting System and Method." The system and method implements an electronic betting experience for an event that is comparable to horse racing, but using a group of financial instruments. The system and method allows bettors to place bets on which "participant" from the pool of financial instruments will win over a fixed period of time. Bets can be placed through the system up until a set time endpoint. The system places all the wagers in a pari-mutuel pool and calculates new odds based on the size of each bet. The system pays out based on the finishing position of each item in the pool.
JOBY

Hot Stocks

08:31 EST Joby says 2nd aircraft gets FAA airworthiness certification, USAF approval - Joby Aviation confirmed it received FAA Special Airworthiness Certification and US Air Force Airworthiness Approval for a second pre-production prototype aircraft in December, as expected. The first pre-production prototype generated 65 terabytes of test data in 2021, flying more than 5,300 miles, including what is believed to be the longest flight of an eVTOL aircraft to date, at 154.6 miles on a single charge. As planned, the second aircraft will significantly accelerate Joby's capacity for flight testing in 2022, further supporting the Company's ambition to certify its aircraft with the Federal Aviation Administration in time to launch commercial operations in 2024. The aircraft is expected to begin flying later this month and will be put into service as part of Joby's Agility Prime contract with the US Air Force. Commenting on the milestone, JoeBen Bevirt, founder and CEO of Joby, said: "Our 2021 flight test program delivered a wealth of information and experience to support our program. With two aircraft flying at the same time, we'll be able to increase the speed of our learnings as planned, while continuing to fulfill the requirements of our Agility Prime contract.
ENFN

Hot Stocks

08:30 EST Enfusion promotes Iris Xinwei Wang to chief strategy officer - Enfusion announced two internal executive promotions. Iris Xinwei Wang will serve as Enfusion's chief strategy officer, based in New York. Additionally, Lotte Tonsberg will serve as the London-based Head of Sales for EMEA. As chief strategy officer, Iris will serve as the driver of Enfusion's continued strategic expansion, corporate development and transformation.
GBOX

Hot Stocks

08:30 EST GreenBox accelerates stock repurchase program - GreenBox announced that its board of directors approved a substantial increase in the funds allocated for the immediate repurchase of the Company's common shares, in the initial sum of $10M. This comes after the company already repurchased approximately 800,000 shares in the second half of 2021. The program will be funded using the company's cash on hand and cash from operations, which as of year-end 2021, was in excess of $80M. The company had approximately 42.9M shares of common stock outstanding as of September 30, 2021. "This announcement demonstrates our commitment to GreenBox and our shareholders, as well as our confidence in the growth opportunities that lie ahead with strategic partners, potential acquisitions and expansion into new territories," said Ben Errez, Chairman of GreenBox. "We intend to keep shareholders continuously apprised of our ongoing efforts from the intended progress of the various initiatives we are currently executing."
HSC

Hot Stocks

08:29 EST Harsco renews contract with JSIS in Oman - Harsco announced that its Harsco Environmental division has renewed their contract with Jindal Shadeed Iron and Steel, JSIS, a leading iron and steel producer in Oman. "Renewing their contract with Harsco Environmental allows JSIS to focus on their production while knowing their slag is being handled and utilized for different applications in an environmentally friendly way," the company said. "Harsco Environmental is pleased to continue its services with Jindal Shadeed Iron and Steel. JSIS is a key steel producer and one of our valued customers in the Middle East. I am confident our relationship will continue to grow as JSIS expands," said Russ Mitchell, Vice President and Chief Operating Officer of Harsco Environmental. Harsco Environmental will continue to provide slag management and metal recovery as well as skull processing services for JSIS over the next five years.
AAWW BA

Hot Stocks

08:28 EST Atlas Air orders four new Boeing 777 freighters - Atlas Air Worldwide (AAWW) announced it has ordered four new Boeing (BA) 777 freighters in response to "strong customer demand for dedicated international wide-body airfreight capacity, particularly in the fast-growing e-Commerce and Express markets," the company said. The first of the four new 777-200LRFs is expected to be delivered in November 2022 with the other three expected to be delivered throughout 2023. This investment will bolster Atlas' 777 fleet, which currently includes 14 freighters that the company operates or provides to customers on a dry-lease basis through its Titan Aviation Leasing subsidiary. John Dietrich, Atlas Air Worldwide President and Chief Executive Officer said, "These new aircraft will advance our strategic growth plan as we continue to capitalize on strong demand for dedicated airfreight capacity. This investment aligns with our disciplined approach to deploying capital and meets our strict return guidelines when investing in aircraft. We anticipate this transaction will drive strong earnings and cash flows, and enhance shareholder value."
HZNP

Hot Stocks

08:27 EST Horizon Therapeutics to be tenant at Alexandria Center in Maryland - Horizon Therapeutics announced that it has signed a long-term, full-building lease with Alexandria Real Estate Equities to be the first tenant at the Alexandria Center at Traville Gateway campus in Rockville, Maryland. When completed, the facility will serve as the company's primary East Coast research and development and technical operations hub. Construction at the 192,000-square-foot site is underway and Horizon expects to start work on interior improvements in 2023. Additional terms of the agreement were not disclosed.
LIFE

Hot Stocks

08:26 EST aTyr Pharma announces FDA orphan drug designation for ATYR1923 - aTyr Pharma announced that the U.S. Food and Drug Administration has granted the company orphan drug designation for its lead therapeutic candidate, ATYR1923, for the treatment of sarcoidosis. ATYR1923 is a potential first-in-class immunomodulator that downregulates innate and adaptive immune responses in uncontrolled inflammatory disease states. Clinical proof-of-concept was recently established for ATYR1923 in a Phase 1b/2a study in patients with pulmonary sarcoidosis, the main form of the disease, and the company expects to initiate a registrational trial in this indication this year. "The receipt of orphan drug designation for ATYR1923 for sarcoidosis is an important milestone and recognizes the unmet need for the close to 200,000 patients living with this chronic, debilitating disease," said Sanjay Shukla, M.D., M.S., President and CEO of aTyr. "Current treatment options for patients with pulmonary sarcoidosis are limited. By reducing steroid burden while improving lung function and measures of sarcoidosis symptoms, ATYR1923 has the potential to be a transformative, disease modifying therapy with clinically meaningful outcomes for patients. We look forward to initiating a registrational trial in pulmonary sarcoidosis this year."
SNDL

Hot Stocks

08:26 EST Sundial Growers agrees to improve consideration to Alcanna shareholders - Sundial Growers has agreed to improve the consideration to be provided to Alcanna shareholders for their common shares of Alcanna pursuant to the previously announced plan of arrangement by including a cash component. The revised consideration provides that Alcanna shareholders will receive, for each Alcanna Share held, 8.85 common shares of Sundial and $1.50 in cash consideration. The revised consideration represents a deemed value of approximately $8.43 per Alcanna Share. The deemed value implies an approximate 15.3% premium from the closing price of Alcanna Shares on the TSX as of January 5, 2022. The special meeting of Alcanna Shareholders remains scheduled on January 7 to consider, and if deemed advisable, to pass a special resolution approving the Arrangement, as amended. Alcanna's board of directors has unanimously approved the revised consideration and the amendment to the arrangement agreement and recommends that Alcanna shareholders vote in favor of the arrangement resolution. The record date for determining the Alcanna shareholders eligible to vote at the Meeting remains the close of business on November 9, 2021.
KHTRF

Hot Stocks

08:25 EST Knight Therapeutics announces approval of Halaven in Colombia - Knight Therapeutics announced that its Colombian affiliate, Biotoscana Farma S.A. has obtained INVIMA approval for Halaven injection. Halaven injection is indicated for the treatment of adult patients with locally advanced or metastatic breast cancer which has continued to spread after at least two previous treatment for advanced cancer. Halaven injection has shown to significantly improve overall survival in patients with advanced or metastatic breast cancer after anthracycline and taxane treatment. Halaven injection indicated extended overall survival of 2.5 months when compared to selected, major existing therapies. Also, Halaven injection demonstrated a statistically significant extension in overall survival over the comparator treatment dacarbazine in patients with locally advanced/recurrent or metastatic soft tissue sarcoma who had disease progression following standard therapies 2.
BBBY

Hot Stocks

08:25 EST Bed Bath & Beyond expects conditions to continue to remain 'complex'
EXEL ZYME

Hot Stocks

08:24 EST Exelixis to pay Iconic $55M for rights to use TF antibody incorporated in XB002 - Exelixis (EXEL) and Iconic Therapeutics announced that the companies have amended the terms of their May 2019 exclusive option and license agreement for XB002, a next-generation tissue factor or TF targeting antibody-drug conjugate, ADC. Under the amended agreement announced today, Exelixis has acquired broad rights to use the anti-TF antibody incorporated into XB002, for any application, including conjugated to other payloads, as well as rights within oncology to a number of other anti-TF antibodies developed by Iconic, including for use in ADCs and multi-specific biologics. In exchange, Exelixis will make a one-time payment of $55M to Iconic and will not owe any further payments to the company. Exelixis will continue to be responsible for milestone payments and royalties owed to Adimab and royalties owed to Zymeworks (ZYME) pursuant to prior agreements between Iconic and those companies. "We are excited by the early data from the XB002 clinical program and its potential for patients. Tissue factor is a validated target for cancer therapy and may have utility in treating a broad number of cancer types," said Michael Morrissey, Ph.D., President and Chief Executive Officer, Exelixis. "Amending our agreement with Iconic provides Exelixis with an opportunity to build the foundation of a promising franchise in this area and will facilitate the discovery and development of additional TF-targeted biologics potentially addressing a wide range of oncology indications that complement and expand on those targeted by XB002. This could include development of new antibody-drug conjugates with alternative toxin payloads, multi-specific antibodies, and other biologics. We look forward to sharing initial data from the ongoing XB002 phase 1 clinical trial this year." Under the terms of the original May 2019 agreement, Iconic granted Exelixis rights to XB002 and limited rights to the specific anti-TF antibody as incorporated into XB002. The original agreement stipulated that Iconic would be eligible for future development, regulatory and commercialization milestone payments, as well as royalties on potential sales.
GOOG GOOGL

Hot Stocks

08:24 EST France fines Google EUR 150M over privacy breaches - French authorities hit Google with a EUR 150M fine over privacy breaches. In a statement published on Thursday, French data protection authority CNIL said Google's search engine and its subsidiary YouTube had not made it simple enough for French users to reject cookies, relative to how easy it was to accept them. Reference Link
RPT

Hot Stocks

08:24 EST RPT Realty announces $791M of investment activity in 2021 - RPT Realty announced transaction activity for the quarter and year ended December 31, 2021. During the fourth quarter 2021, through its three strategic investment platforms, the Company closed on the acquisition of three multi-tenant open-air shopping centers with a contract value of $173M. The Company, through its RGMZ net lease platform also acquired $73.2M of single-tenant net lease assets, all of which were parceled from existing RPT multi-tenant shopping centers. Additionally, the Company closed on the sale of Market Plaza and Webster Place in the Chicago market for a combined contract value of $59.5M. For the full year 2021, through its three strategic investment platforms, the Company closed on 11 multi-tenant acquisitions with a contract value of $540.9M. The Company, through RGMZ, also acquired $191M of single-tenant net lease assets including $186.3M that were parceled from RPT multi-tenant shopping centers. In addition, the Company closed on $59.5M of multi-tenant dispositions in 2021.
BEEM

Hot Stocks

08:22 EST Beam announces City of San Luis Obispo, CA deploys EV ARC charging system - Beam Global announced that the County of San Luis Obispo in California has deployed the EV ARC solar-powered EV charging system to charge County fleet EVs. The system was purchased through the California Contract #1-18-61-16 which simplifies the procurement process and ensures best pricing. The County of San Luis Obispo's EV ARC system fits in a standard parking space, without reducing available parking, and is equipped with three Enel X JuiceBox(R) Pro EV charging stations. The EV ARC system generates and stores its own clean electricity and delivers that electricity to power EVs, day or night, and during inclement weather and power outages. "Energy resiliency is fast becoming a critical consideration for EV charging infrastructure in the wake of extreme weather, related power outages or shutdowns, and increasing strain on the U.S. electric grid," said Beam Global CEO Desmond Wheatley. "The County of San Luis Obispo joins over 100 forward-thinking municipalities and organizations in proactively planning ahead by deploying off-grid, renewably powered EV ARC EV charging systems. We note that federal, state and local governments are putting increasing emphasis on resilient EV charging as electricity becomes vital fuel for their fleet vehicles."
COCP

Hot Stocks

08:21 EST Cocrystal Pharma receives FDA guidance on CDI-45205 - Cocrystal Pharma announces receipt of guidance from the U.S. Food and Drug Administration, FDA, for the further development of CDI-45205, Cocrystal's novel SARS-CoV-2 main protease inhibitor as a potential treatment for COVID-19 and its variants via intranasal/pulmonary delivery. The FDA's guidance was received in a written response to Cocrystal's pre-Investigational New Drug briefing package that was submitted in October 2021. "The FDA's response contained extensive and valuable responses to a list of questions we proposed in our pre-IND briefing package, providing key insights on advancing the non-clinical and clinical development of CDI-45205," said Sam Lee, Ph.D., President and interim co-CEO of Cocrystal. "The FDA's guidance marks an important milestone in our continued development of CDI-45205. We now have a clearer pathway for our planned Phase 1 single-ascending-dose and multiple-ascending-dose study that we expect to initiate in 2022, as well as directives for designing a subsequent Phase 2 study."
BBBY

Hot Stocks

08:19 EST Bed Bath & Beyond: Revenue momentum below expectations in Q3 - Notes "slower" start to sales in September, October. Comments taken from Q3 earnings conference call.
RCEL

Hot Stocks

08:19 EST Avita establishes proof of concept for cell-based treatments - AVITA Medical announced that preclinical data successfully established proof of concept in two key areas of cell-based gene therapy - skin rejuvenation and epidermolysis bullosa. "We are very pleased to partner with leading scientists to explore opportunities for utilizing Spray-On Skin Cells in new and broad applications such as skin rejuvenation and genetic skin defects," said Dr. Mike Perry, Chief Executive Officer of AVITA Medical. "These data, while early, demonstrate promise for skin regeneration from modified Spray-On Skin Cells, for treatment of aging skin with reverse-aged skin cells and for treatment of epidermolysis bullosa with gene-corrected skin cells." A Novel RNA-Based Approach for Rejuvenation: In partnership with researchers at the Houston Methodist Research Institute, HMRI, preclinical data show successful regeneration of the skin by pairing AVITA Medical's proprietary Spray-On Skin Cells with HMRI's patented RNA technologies to reverse cellular aging. Epidermolysis Bullosa: In partnership with scientists at the Gates Center for Regenerative Medicine at the University of Colorado School of Medicine, preclinical data show successful regeneration of skin from gene-modified skin cells to correct the mutation associated with recessive dystrophic epidermolysis bullosa, a rare and incurable skin disorder caused by mutations in the gene encoding structural proteins, resulting in skin fragility and blistering.
RBA

Hot Stocks

08:16 EST Ritchie Bros. and Nations Capital to acquire and sell road maintenance equipment - Ritchie Bros. announced that Nations Capital, an asset management and advisory firm focused on opportunistic investments and asset remarketing, together with Ritchie Bros. has entered into an agreement to acquire certain assets formerly owned by DBi Services in a transaction with DeAngelo Contracting Services, or DCS. The assets were recently acquired by DCS and deemed excess to the ongoing needs of its business units. The assets include several thousand units of highway and road maintenance equipment including service vehicles, trucks, construction equipment and miscellaneous support equipment located across the United States. All assets will be consolidated to locations controlled by Ritchie Bros. and NCI and offered to their customer base and interested parties via bulk private sale and auctions.
SFIX

Hot Stocks

08:15 EST Stitch Fix announces share repurchase authorization of $150M - Stitch Fix announced that its Board of Directors has authorized a share repurchase program where Stitch Fix may purchase up to $150M of its Class A common stock. "This share repurchase program reflects the confidence we have in our strategy, unique value proposition and the growth potential ahead for Stitch Fix, which we believe is not reflected in the current market valuation," said Elizabeth Spaulding, CEO of Stitch Fix. "As a company, we are committed to creating long-term, sustainable value for our shareholders and our employees, and believe a share repurchase program, in addition to the disciplined investments we are making, will allow us to unlock the long term opportunity we see ahead. We remain relentlessly focused on continuing to build and improve on our unique client experience in the months and years to come as we continue on our journey to become the global destination for personalized shopping, styling and inspiration."
BOLT BMY

Hot Stocks

08:14 EST Bolt doses first patient with BDC-1001 in combination with OPDIVO - Bolt Biotherapeutics (BOLT) announced that the first patient has been dosed in a new combination arm of the ongoing multi-center, multi-dose Phase 1/2 clinical trial of BDC-1001. This arm is evaluating BDC-1001 in combination with Bristol Myers Squibb's (BMY) PD-1 checkpoint inhibitor OPDIVO. BDC-1001 is a HER2-targeting Boltbody immune-stimulating antibody conjugate in development for the treatment of patients with HER2-expressing solid tumors. "We are excited to evaluate BDC-1001 in combination with nivolumab, a leading PD-1 checkpoint inhibitor. Pairing BDC-1001's mechanism of action with the checkpoint inhibitor approach has the potential to yield a stronger, targeted modulation of the immune system. Initial safety and early efficacy findings reported from the ongoing monotherapy arm of the Phase 1/2 clinical trial make BDC-1001 a potentially promising candidate for the treatment of patients with HER2-expressing solid tumors," said Edith Perez, M.D., Chief Medical Officer of Bolt Biotherapeutics.
SGMO SNY

Hot Stocks

08:13 EST Sanofi terminates collaboration with Sangamo for SCD treatment - Sangamo (SGMO)Therapeutics announced that Sanofi (SNY) will be transitioning its rights and obligations related to SAR445136, a zinc finger nuclease gene-edited cell therapy candidate in development by Sangamo and Sanofi for the treatment of sickle cell disease SCD , back to Sangamo, over the first half of 2022. The Companies are collaborating on an orderly transition, while Sangamo explores options to advance the program, including seeking a new collaboration partner. This transition follows Sanofi's termination for convenience of the Global Research, Development and Commercialization Collaboration and License Agreement between the Companies to develop genomic medicines for hemoglobinopathies. Sanofi has elected to transition the SCD program to Sangamo following a recent change in Sanofi's cell therapy strategy. "Although the preliminary Phase 1/2 clinical data for the autologous sickle cell treatment are encouraging, Sanofi has made the decision to terminate the collaboration on the SAR445136 program, which is consistent with our strategy to focus on universal genomic medicine approaches," said John Reed, M.D. Ph.D., Global Head of Research and Development at Sanofi. "Sangamo has been a good partner and this decision is not a reflection on the potential of the SAR445136 program. We continue to view them as a pioneer in the area of genomic medicines and will explore other possible collaboration opportunities as we work together to transition the autologous sickle cell program back to Sangamo." Sanofi notified Sangamo of its termination for convenience on December 30 . Sangamo expects the Phase 1/2 PRECIZN-1 study of SAR445136 to be completed as planned. Sangamo expects that Sanofi will continue to pay the costs of the Phase 1/2 PRECIZN-1 study until the termination date of June 28 as contemplated by the Collaboration Agreement.
DRIO

Hot Stocks

08:13 EST DarioHealth wins two digital therapeutics contracts within employer market - DarioHealth announced two new contracts to provide its digital therapeutics beginning in Q1. The new clients include a large Northeast regional employer in the finance industry set to deploy Dario's full suite of solutions, and a Northeast regional employer in the food industry contracted to deploy Dario's digital therapeutic solution for diabetes. Dario's digital therapeutics platform provides support for people living with diabetes, pre-diabetes, hypertension, weight management, musculoskeletal and behavioral health needs.
VCRA SYK

Hot Stocks

08:13 EST Vocera jumps 25% to $78.71 after Stryker buyout deal at $79.25
IMAB

Hot Stocks

08:12 EST I-Mab announces senior management team share purchase plan - I-Mab announced that the senior management team of the company, including Founder, Chairman and Acting CEO Dr. Jingwu Zang, President Dr. Andrew Zhu, CFO John Long, Chief Strategy Officer Jielun Zhu and Chief Business Officer Dr. Weimin Tang, have informed the company of their intention to use their personal funds to purchase the company's American depositary shares on the open market for an aggregate amount of minimum $3M and up to $20M no later than February 28.
SYK VCRA

Hot Stocks

08:11 EST Stryker announces definitive agreement to acquire Vocera for $79.25 per share - Stryker (SYK) announced a definitive merger agreement to acquire all of the issued and outstanding shares of common stock of Vocera Communications (VCRA) for $79.25 per share, or a total equity value of approximately $2.97B and a total enterprise value of approximately $3.09B. "Vocera brings a highly complementary and innovative portfolio to Stryker's Medical division that will address the increasing need for hospitals to connect caregivers and disparate data-generating medical devices, which will help drive efficiencies and improve safety and outcomes. Vocera's highly developed software competency, unique and innovative hardware solutions, and the ability to securely enable remote communication between patients and their families, complements Stryker's Advanced Digital Healthcare offerings," the company said. Under the terms of the merger agreement, Stryker will commence a tender offer for all outstanding shares of common stock of Vocera for $79.25 per share in cash. The boards of directors of both Stryker and Vocera have unanimously approved the transaction. The acquisition is expected to close in the first quarter of 2022 and is expected to have a neutral impact to net earnings per diluted share in 2022.
ACLS

Hot Stocks

08:10 EST Axcelis announces multiple shipments of Purion Power Series implanters - Axcelis announced follow on shipments in Q3 and Q4 of the company's Purion H200 SiC Power Series high current implanters to a leading power device chipmaker. The shipments went to multiple fabs located in Asia and Europe. In Q4, Axcelis also closed a Purion XE Power Series SiC high energy implanter evaluation for a new customer penetration in Europe. The systems at both customers will be used in high volume production of SiC power devices supporting automotive device markets.
FTFT

Hot Stocks

08:10 EST Future FinTech names Ola Lind as Chief Strategy Officer - Future FinTech announced that it has appointed Ola Lind as Chief Strategy Officer of FTFT and the CEO of the company's subsidiary, FTFT Capital Investments. The former Chief Strategy Officer of the company, Weichen Pan, has resigned from this position due to personal reasons. From 2000 through 2021, Lind was a co-founder of six start-ups on four continents.
VCRA SYK

Hot Stocks

08:08 EST Stryker agrees to acquire Vocera for $79.25 per share
ALGS

Hot Stocks

08:08 EST Aligos halts further development of STOPS drug candidate, ALG-010133 - Aligos Therapeutics announced that it has halted further development of its STOPS drug candidate, ALG-010133, in development to address chronic hepatitis B. This decision is based on emerging data from the Phase 1 Study ALG-010133-101 that indicate that at the projected efficacious dose there is no meaningful HBsAg reduction. Furthermore, higher doses levels that were planned to be evaluated in a subsequent cohort are very unlikely to reach the 1 log10 IU/mL HBsAg reduction level that Aligos had previously defined as necessary to advance the program. No dose-limiting safety findings have been identified in CHB subjects dosed at any dose level. Based on this information, Aligos management reviewed the data with members of the study's Study Review Committee and jointly concluded that these data were not sufficient to support further development of ALG-010133 and that dosing should be discontinued.
EPD

Hot Stocks

08:07 EST Enterprise Products increases quarterly dividend to 46.5c per share - Enterprise Products Partners announced that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the fourth quarter of 2021 of 46.5c per unit, or $1.86 per unit on an annualized basis. The quarterly distribution will be paid Friday, February 11, , to common unitholders of record as of the close of business Monday, January 31 .This distribution represents a 3.3 percent increase over the distribution declared with respect to the fourth quarter of 2020. In addition, during the fourth quarter of 2021, Enterprise purchased $125M of its common units in the open market, bringing the total amount of common unit buybacks during 2021 to $200M. Including these repurchases, Enterprise has utilized 24% of its $2B buyback program authorized in January 2019.
LDOS

Hot Stocks

08:07 EST Leidos to make strategic investment in HawkEye 360 - Leidos announced it will make a strategic investment in HawkEye 360, a commercial provider of space-based radio frequency data and analytics. The companies will share information and combine efforts to achieve transformational growth in data and analytical services.
LDOS

Hot Stocks

08:06 EST Leidos names Terry Phillips as Chief Security Officer - Leidos announced the appointment of Terry Phillips as the company's Senior Vice President and Chief Security Officer. Phillips will be responsible for leading, managing and directing the activities of the Leidos Global Security Organization. He will also oversee the company's compliance with U.S. and foreign government national security standards. Prior to joining Leidos, Phillips served as Executive Director of the Air Force's Office of Special Investigations Office of Special Projects.
NPIFF

Hot Stocks

08:04 EST Northland, RWE announce partnership to develop 1.3GW offshore wind cluster - Northland Power and RWE Renewables announce an agreement to co-develop a cluster of offshore wind projects in the German North Sea with a total gross capacity of 1.3 gigawatts, GW. The partners signed an agreement to establish a joint venture company through which they plan to jointly develop, construct and operate the cluster of three offshore wind projects. The cluster will include the 433 MW N-3.8 site, the 420 MW N-3.5 site and the 480 MW N-3.6 site. Northland will also gain access to the N-3.6 site, which RWE has step-in rights for 100% of the lease, while at the same time, RWE will increase its position in the N-3.8 and N-3.5 sites. "The formation of the cluster aligns with our offshore wind ambitions and strategy of growing our position as a global leader in offshore wind," said Mike Crawley, President and Chief Executive Officer of Northland. "We are proud to enhance our partnership with RWE to form the cluster to further strengthen our position in the North Sea. This cluster will provide us with significant size and scale and allows us to support the decarbonization efforts in Germany."
AAWW BA

Hot Stocks

08:04 EST Atlas Air purchases four Boeing 777 Freighters - Boeing (BA) and Atlas Air (AAWW) announced an order for four 777 Freighters. The order, placed in December, rounds out a record-setting 2021 for Boeing's freighter family including new-production and converted models. Boeing has forecast that the global freighter fleet will grow by 70% in the next 20 years, with freight carriers such as Atlas Air supporting a rapidly expanding global e-commerce business and evolving supply chains.
PLIN $BTC

Hot Stocks

08:04 EST China Xiangtai Food to purchase 686 spot Bitcoin miners - China Xiangtai Food, through its U.S. subsidiary SonicHash, has entered into a purchase agreement with a global Bitcoin mining hardware company to purchase 686 spot Bitcoin miners that are worth $6M. The newly manufactured miner with a hash rate of 92 TH/s are expected to ramp up the hash rate of the company's miner fleet by over 63,000 TH/s. The newly purchased miners are expected to be delivered in two to three weeks to the company's mining facility site in Carthage, NY by the end of January. As a result, the company's total mining operations are expected to consist of 1,428 Bitcoin miners, producing approximately 132.2 PH/s once all miners are put in full operation. The company expects to generate approximately $11M in revenue and $7.7M in cash contribution margin for the first year, based upon the Bitcoin's average price at $49,628/BTC for the past month.
NKLA

Hot Stocks

08:03 EST Saia signs LOI to purchase, lease up to 100 Nikola zero-emission trucks - Nikola announced a collaboration with Saia LTL Freight to accelerate the implementation of heavy-duty electric transportation trucks. This collaboration includes a Letter of Intent to purchase or lease 100 Nikola Tre heavy-duty battery electric vehicles following the satisfactory completion of a demonstration program. The demonstration program will include three BEV trucks to be operated in separate locations across the Saia network and is expected to begin in the first half of 2022. Deliveries of 100 production vehicles are intended to occur between 2022 and 2024 with the initial 25 targeted for 2022.
ZLAB

Hot Stocks

08:01 EST Zai Lab announces NDA acceptance of margetuximab in China by NMPA - Zai Lab Limited announced that the China National Medical Products Administration, NMPA, has accepted the New Drug Application, NDA, for margetuximab, an investigational, Fc-engineered monoclonal antibody that targets HER2. The margetuximab NDA is for the treatment of adult patients with metastatic HER2-positive breast cancer who have received two or more prior anti-HER2 regimens, at least one of which was for metastatic disease, in combination with chemotherapy. "We are pleased to have NMPA's acceptance of our NDA for margetuximab, which is the only HER2-targeted agent to have shown a progression-free survival improvement versus trastuzumab in SOPHIA, a head-to-head global Phase 3 clinical trial," said Alan Sandler, MD, President and Head of Global Development, Oncology, at Zai Lab. "Both SOPHIA and Zai Lab's registrational bridging trial support the potential use of margetuximab as an important new treatment option for a very difficult-to-treat patient population. The potential approval of margetuximab will also be an important addition to our growing women's oncology franchise and marks Zai Lab's sixth NDA acceptance by the NMPA."
TERN

Hot Stocks

07:58 EST Terns appoints Jasper as SVP, head of research, Chung as SVP, CDO - Terns Pharmaceuticals announced the appointment of Jeffrey Jasper, Ph.D., as senior vice president, SVP, head of research. Dr. Jasper joins Terns with more than 28 years of experience in the biopharmaceutical industry. Terns also announced the promotion of Diana Chung to senior vice president, chief development officer, CDO. Both Dr. Jasper and Chung will report to Erin Quirk, M.D., president, head of research and development and chief medical officer.
CDNA

Hot Stocks

07:57 EST CareDx completes CLIA validation of AlloMap Kidney - CareDx announced the successful completion of the Clinical Laboratory Improvement Amendments, CLIA, validation for AlloMap Kidney, a blood-based gene expression classifier that identifies immune quiescence, an important biomarker needed to comprehensively assess immunological risk of rejection and allograft health. In clinical validation, published in Kidney360, AlloMap Kidney demonstrated the ability to differentiate between rejection and immune quiescence, and provide an assessment of immunological activity additive to the allograft injury information derived from AlloSure Kidney donor-derived cell-free DNA. "Together, these two biomarkers offer a more comprehensive assessment of kidney health compared to the current standard of care," the company said. "As the market leader in transplant and the company that consistently delivers innovations to improve outcomes for transplant recipients, we are excited that our first and best-in-class technologies, and expertise in multimodality HeartCare, are being used in KidneyCare," said Reg Seeto, CEO and President of CareDx. "We are pleased to have completed CLIA validation of AlloMap Kidney on schedule and to be moving a step closer to the commercialization of KidneyCare, a breakthrough multimodality solution that will help clinicians more comprehensively monitor the organ health of their kidney transplant patients."
CYCC

Hot Stocks

07:55 EST Cyclacel Pharmaceuticals announces business objectives for 2022 - Cyclacel Pharmaceutical provided a business update reviewing 2021 achievements and outlining the Company's key business objectives for 2022. "This past year proved to be very productive for Cyclacel as we achieved our planned business objectives," said Spiro Rombotis, President and Chief Executive Officer. "First and foremost, we initiated two registration-directed, Phase 1/2 trials for our lead candidate fadraciclib, an oral CDK2/9 inhibitor. These studies are assessing fadraciclib activity across a range of solid tumors and hematological malignancies. In the solid tumor study we are enrolling patients at the third dose level using a schedule of twice daily dosing for five days, for 3 out of 4 weeks. In the leukemia study we are enrolling patients at the initial dosing level. We have also completed FDA review of an Investigational New Drug Application of CYC140, a differentiated oral PLK1 inhibitor, and received clearance to proceed with a registration-directed Phase 1/2 study in solid tumors. Finally, we strengthened our balance sheet in the year which provides a cash runway until early 2023." Key Business Objectives for 2022: First patient to be dosed with oral CYC140 in the 140-101 solid tumor study; Initial data from Phase 1 dose escalation of the 065-101 solid tumor study of oral fadraciclib; First patient to be dosed with oral CYC140 in the 140-102 leukemia study; Commence Phase 2 proof of concept stage in the 065-101 solid tumor study of oral fadraciclib; Initial data from Phase 1 dose-escalation of the 065-102 leukemia study of oral fadraciclib; Commence Phase 2 proof of concept stage of oral fadraciclib in the 065-102 leukemia study
BTC...

Hot Stocks

07:50 EST NYC Mayor Eric Adams says to take first 3 paychecks in bitcoin - NYC Mayor Eric Adams says he hasn't received his first pay check yet, but he still plans to take his first three paychecks in bitcoin. "I'm looking forward to that first paycheck in bitcoin," Adams told CNBC's Andrew Ross Sorkin.
AVTX

Hot Stocks

07:50 EST Avalo Therapeutics reports data from Phase 1b for AVTX-002. program updates - Avalo Therapeutics provides a comprehensive update on the Company's growth opportunities and mid-stage development portfolio. Program Updates and Key Highlights: AVTX-002 Phase 1b Crohn's Disease Clinical Trial Results: The Phase 1b study evaluated the safety, tolerability, pharmacokinetics, and short-term efficacy of AVTX-002 in adults with moderate to severe, active CD who have previously failed anti-tumor necrosis factor alpha treatment. Clinically meaningful mucosal healing, determined by colonoscopy and adjudicated by a central reader, was observed in fifty percent of subjects. Seventy-five percent of patients that demonstrated mucosal healing by colonoscopy reported they had returned to doing poorly two to three months after cessation of study drug, suggesting a drug-related effect; follow-up is ongoing for the remaining responder. Data continued to show that treatment with AVTX-002 was safe and well tolerated with no drug-related serious adverse events observed. Avalo continues to evaluate the biomarker data from this study. The Company is currently evaluating AVTX-002 in a cohort of ulcerative colitis patients with moderate to severe UC who are refractory to biologic therapy, including anti-TNFalpha, with data anticipated in the third quarter of 2022. AVTX-002 for the treatment of non-eosinophilic asthma: An investigational new drug application has been cleared by the FDA. The Company expects top-line data from the randomized, double-blind, placebo-controlled Phase 2 clinical trial in 80 patients with poorly-controlled NEA in the second half of 2022. AVTX-007 in Multiple Myeloma and Adult Onset Still's Disease: Multiple Myeloma: The Phase 1b study of AVTX-007 is nearing completion. Three doses of AVTX-007 as a single agent were evaluated. AVTX-007 was generally safe and well tolerated, but no efficacy signal was seen in the high dose cohort or expansion phase. Based on these results, the company is discontinuing the multiple myeloma program. AOSD: AVTX-007 is being evaluated in a multicenter, Phase 1b study in 12 refractory or steroid-dependent patients with AOSD in two cohorts. Top-line data for both cohorts of the trial are anticipated by mid-year 2022. AVTX-800 programs for Congenital Disorders of Glycosylation: Avalo plans to initiate the study of AVTX-803 in patients with leukocyte adhesion deficiency type II caused by loss-of-function mutation in the SLC35C1 gene in the first quarter of 2022, with data expected in the third quarter of 2022. The Company remains in dialogue with the FDA to align on suitable clinical study designs for AVTX-801 and AVTX-802. AVTX-006 in Complex Lymphatic Malformations: The Company expects top-line data from its Phase 1b proof-of-concept of AVTX-006 for complex lymphatic malformations in mid-year 2022. AVTX-006 has received ODD and RPDD making it eligible for Priority Review Voucher upon approval.
OSIIF BTG

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07:46 EST Osino Resources announces acquisition of Gold Property from B2Gold for $15.2M - Osino Resources (OSIIF) announces that it has entered into an agreement to acquire the Ondundu gold exploration property in Namibia from B2Gold (BTG) dated December 31, 2021. Under the terms of the Acquisition Agreement, Osino agreed to purchase all of the issued and outstanding shares of the Namibian company, Razorback Gold Mining Company Limited, which owns 100% of the Namibian exclusive prospecting license 3195 covering 19,969 hectares located approximately 130km northwest of Osino's Twin Hills Gold Project in Namibia, together with all technical information and other books and records in respect thereof for an aggregate purchase price of $15.2M including a combination of cash, deferred cash and shares. The Acquisition Agreement is subject to Namibian regulatory approvals and certain other customary closing conditions. Heye Daun, Osino's President & CEO commented: "We believe this is a highly accretive transaction for Osino which provides significant additional scale, diversification and consolidation of Osino's Namibian projects. We plan to build on the excellent exploration and resource development work which B2Gold completed over the last 6 years and to quickly advance the project to compliant resource stage. Based on the Project's historical exploration and analysis, we believe the Ondundu Gold Project has the type of mineralization with potential to host a significant open-pit gold resource possibly in the order of more than 1moz of contained gold with the possibility for co-development with Osino's Twin Hills Gold Project."
REKR

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07:44 EST Rekor Systems chosen by City of Winchester, VA to provide traffic solutions - Rekor Systems has been chosen by the City of Winchester, Virginia to provide AI-powered infrastructure solutions. The Rekor One intelligence platform delivers Traffic Management and Public Safety solutions that serve multiple missions for the City of Winchester. Rekor One was chosen for a six-month pilot. "The platform includes a suite of integrated solutions that support multiple management functions to enhance the safety and quality of life for the City's citizens," the company said. Rekor recently announced a similar pilot in Chattanooga, Tennessee. At the conclusion of the pilot, the City of Winchester can, at its sole discretion, choose to transition to a comprehensive annual subscription model priced at $455,000 per annum for the nine-square-mile city. This subscription would cover all elements of the pilot along with the implementation of additional traffic sensors, soft infrastructure, and requisite training needed. Official terms are subject to final negotiations. "Winchester had a very clear vision of what it needed to understand about their roadways to better serve their citizens," said Robert Berman, President and CEO, Rekor. "Rekor One delivers a full solution that meets and even exceeds the City's requirements and can be implemented quickly and easily."
BBBY

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07:42 EST Bed Bath & Beyond drops 9% to $12.14 after Q3 results miss, FY21 guidance cut
CRKN

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07:41 EST Crown Electrokinetics Smart Window Inserts selected by Hudson Pacific Properties - Crown Electrokinetics has finalized an agreement with Hudson Pacific Properties to install energy-saving Smart Window Inserts at several office properties across its West Coast portfolio. The inserts, which are solar-powered and can be retrofitted to existing window frames, will provide additional insulation and allow Hudson Pacific tenants to transition their windows from clear to dark in seconds. This emerging property technology, or proptech, has the potential to cut energy consumption and carbon emissions from heating and cooling systems by 26%, according to Crown's initial field testing.
AIZ TEF

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07:40 EST Assurant expands partnership with Telefonica to provide trade-in program - Assurant (AIZ) announced the expansion of its partnership with the Telefonica (TEF) to provide a trade-in program, which will include on-device app and web browser based diagnostics, trade-in services, and device pricing analytics across all their distribution channels - owned stores, dealers, online channel and third-party dealers. Telefonica will provide access to trade-in services for smartphones, tablets, laptops, wearables and hearables using Assurant's patented proprietary platform, which features remote on device app- and web browser-based diagnostics and trade-in transaction management.
BBBY

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07:39 EST Bed Bath & Beyond pursuing additional expense optimization measures - CEO Tritton said, "In response to a sharp increase in inflation and pervasive freight and supply chain headwinds, we swiftly implemented market-driven pricing, promo optimization and product mix plans. Our decisive actions led to an adjusted gross margin rate significantly exceeding plan and above 2020 and 2019 - a key financial barometer of our three-year transformation strategy. Our Owned Brands also continued to produce higher merchandise margins at increased penetration rates. We now intend to expand the Owned Brands strategy to BABY in 2022 as we look at margin enhancing strategies, given sales results in this business have stabilized as a result of our targeted efforts to improve this banner. We are identifying exciting new opportunities to drive sales and BABY is an important cornerstone of our plans, including our recently announced collaboration with Kroger and our own digital marketplace. Just as we delivered on gross margin during the quarter, our holistic focus is on improving our top and bottom line results as we continue to transform. While we continue to target sales improvement, we are also focused on SG&A. We are pursuing additional expense optimization measures of approximately $100 million annualized that will explore areas such as store fleet optimization, fixed costs and discretionary savings opportunities. Earlier this quarter we also announced that we expect to complete our $1 billion three-year share repurchase plan by the end of fiscal 2021, two years ahead of schedule, which underscores our ongoing confidence in our turnaround and commitment to our capital allocation framework. Having concluded just the third quarter of our multi-year plan, we will continue to execute our strategic transformation by diagnosing and reforming our legacy business to achieve our goals. As we prepare for 2022, we look forward to operating in a normalized environment with a base of business upon which to grow."
ALNY NVS

Hot Stocks

07:39 EST Alnylam announces pact with Novartis to explore targeted therapy for ESLD - "Alnylam Pharmaceuticals (ALNY) announced a collaboration with Novartis (NVS) to leverage Alnylam's proven, proprietary siRNA technology to inhibit a target discovered at the Novartis Institutes for BioMedical Research, potentially leading to development of a treatment designed to promote the regrowth of functional liver cells and to provide an alternative to transplantation for patients with liver failure. "We are so pleased to collaborate with Novartis," said Kevin Fitzgerald, Ph.D., Chief Scientific Officer at Alnylam. "We believe collaborations like this serve as an excellent example of how Alnylam's leadership in RNAi can fuel new frontiers of medicine with highly innovative targets coming from some of the most admired pharmaceutical companies." End-stage liver disease, ESLD, is a progressive illness, most often resulting from cirrhosis, that is characterized by the destruction of healthy liver tissue and the loss of critical liver function. The disease has a profound impact on patients' quality of life, and accounts for over one million deaths globally each year. Currently, liver transplantation is the only treatment for ESLD, but transplants are invasive procedures and there is a limited supply of organs available for patients in need. A significant need exists for medicinal alternatives to transplantation that regenerate liver tissue and restore the essential metabolic and synthetic processes that are managed by the liver. During the exclusive three-year research collaboration, Alnylam will develop and test potential siRNAs using target-specific assays developed by Novartis. Once a lead candidate is identified, further development and clinical research will be conducted by Novartis.
BBBY

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07:38 EST Bed Bath & Beyond: November comp sales down mid-single digits - Bed Bath & Beyond, in slides that will be presented on its Q3 earnings conference call, said comp sales improved within the fiscal quarter. Fiscal November comp sales were down mid-single digits, while fiscal quarter sales fell high-single digits.
VEV

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07:35 EST Vicinity Motor gets $3.5M order for 8 Vicinity Classic buses to First Transit - Vicinity Motor announced the receipt of a new CAD $3.5M purchase order from North American Private Transit Operator First Transit for eight Vicinity Classic buses. Per the terms of the supply agreement, First Transit has ordered eight of the Company's 35-foot Clean-Diesel Vicinity Classic buses for delivery in 2022. The Vicinity buses will service the city of Yellowknife, Canada. "Our Vicinity Classic buses continue to prove their popularity within the North American transit market as we continue to attract exciting orders from our continent-wide base of satisfied customers," said William Trainer, Founder and Chief Executive Officer of Vicinity Motor Corp. "Our ability to grow alongside our customers and fulfill many of their transit needs as a one-stop-shop is invaluable, particularly as many transit authorities begin to evaluate electric vehicles to supplement or replace their conventional diesel fleets in service today. "I look forward to working closely with the team at First Transit to deliver these vehicles by end-of-year. Our goal is to improve the quality of public transit to the citizens of Yellowknife while concurrently reducing operating costs for transit operators - thereby creating sustainable value not only for our shareholders, but for all stakeholders," concluded Trainer.
WMB

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07:33 EST Williams delivers record amount of gas on Transco interstate pipeline - Williams announced that it recently delivered a record amount of natural gas on its Transco interstate pipeline, providing essential and reliable service to natural gas distribution companies, electric power generators, LNG exporters and other customers located along the Eastern Seaboard and Gulf Coast. Transco, the nation's largest-volume natural gas transmission system, delivered a record-breaking 17.15M dekatherms on January 3. The new peak-day mark surpasses the previous high that was set on February 20, 2020. While extreme winter weather usually coincides with peak-day deliveries, the volume record this week was due to continued expansions on Transco to serve the growing demands for U.S. natural gas. To meet this demand, Williams has nearly tripled contracted capacity on Transco to approximately 18.7 MMdt/d in 2021 primarily through incremental growth projects along Transco's existing footprint. Leidy South was the most recently completed expansion project to maximize the use of Transco's existing corridor and minimize environmental impacts.
OMIC

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07:33 EST Singular Genomics, Broad Institute partner to integrate technology in Terra - Singular Genomics Systems announced the company is collaborating with the Broad Institute of MIT and Harvard to connect the Singular Genomics G4 sequencer to Terra, a data platform co-developed by the Broad Institute, Microsoft and Verily that connects researchers to each other and to the datasets and tools they need to achieve scientific breakthroughs. This integration between the two platforms will give researchers using the G4 sequencer seamless access to cloud-based data storage and analytical tools optimized for genomic data. "We are thrilled to bring Terra's advanced bioinformatic platform to Singular Genomics customers as a plug-and-play bioinformatics solution," said Drew Spaventa, Chairman and Chief Executive Officer of Singular Genomics. "To complement and leverage the G4's accuracy, speed, flexibility and power, Terra will provide our customers with a seamless solution for secondary and tertiary analysis, data storage, and data sharing. We anticipate this will be the first of many exciting expanded offerings for G4."
BBBY

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07:32 EST Bed Bath & Beyond reports Q3 SSS down 7% - Mark Tritton, Bed Bath & Beyond's President and CEO said, "During a quarter where our sales momentum was not where we wanted it to be with sales of $1.9 billion and a 7% comp decline, improved momentum in November and strong gross margins demonstrated progress in our transformation. After our previously announced slower start to sales in September and October, we drove a change in trends by November with our comp decline improving, particularly in stores. However, overall sales were pressured despite customer demand due to the lack of availability with replenishment inventory and supply chain stresses that had an estimated $100 million, or mid-single digit, impact on the quarter and an even higher impact in December. Nevertheless, our customer acquisition strategy for the Bed Bath banner is gaining traction as evidenced by our Beyond+ loyalty program, which grew by nearly half a million members after one of our largest new subscriber quarters. Our buybuy BABY banner continues to deliver double-digit growth and we are on track to achieve approximately $1.3 billion in sales in this first year of transformation - ahead of our investor day goals - all while improving profitability and market share."
GOLD AA

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07:28 EST Barrick Gold appoints Keener as COO of Barrick North America - Barrick Gold (GOLD) announced Christine Keener will be appointed chief operating officer, COO, of Barrick's North American region with effect from February this year. Christine was formerly vice president, Europe and North America, for Alcoa (AA).
BLD

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07:26 EST TopBuild acquires Insulating Products - TopBuild has acquired Insulating Products, a residential and light commercial insulation distribution company headquartered in Lewisville, Texas with additional facilities in Houston, San Antonio, Oklahoma City and Wichita. Robert Buck, President and CEO of TopBuild, noted, "Insulating Products will enhance the strength of our specialty distribution business as it brings a strong and long-standing customer base and expands our geographic presence in the high growth Southwest region."
TMUS CCI

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07:26 EST T-Mobile, Crown Castle expand relationship with tower, small cell agreement - T-Mobile US (TMUS) and Crown Castle International Corp. (CCI) announced that the companies have signed a new 12-year agreement to support the continued build-out of T-Mobile's nationwide 5G network with increased access to Crown Castle's towers and small cell locations. The agreement enables the Un-carrier to further expand and deepen the reach of its industry-leading 5G network to serve consumers across the U.S. while also realizing financial synergies following its merger. The agreement also helps Crown Castle generate long-term tower and small cell revenue growth.
STZ...

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07:24 EST Constellation Brands enters brand authorization agreement with Coca-Cola - Constellation Brand (STZ;STZ.B) announced that it has entered into a brand authorization agreement with The Coca-Cola Company (KO) in the United States to bring the FRESCA brand into beverage alcohol through the manufacturing, marketing, distribution, and launch of FRESCA Mixed - a new line of spirit-based, ready-to-drink cocktails that are well-aligned to a number of emerging consumer trends. "The Coca-Cola Company's FRESCA brand is not only trusted by consumers, but also directly delivers on consumer preferences for refreshment, flavor, and convenience - attributes that also play well within beverage alcohol and where we can leverage our expertise," said Bill Newlands, Constellation's president and chief executive officer. FRESCA Mixed is expected to launch this year, starting with cocktails using real spirits. The products will be produced and marketed by Constellation and distributed through Constellation's 3-tier distribution networks.
MAIN

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07:23 EST Main Street makes three follow-on investments totalling $15.8M - Main Street recently completed three new follow-on investments, totaling $15.8M, in two existing portfolio companies, Direct Marketing Solutions and Nebraska Vet AcquireCo. Main Street originally invested in DMS in February 2018 in partnership with the DMS management team to facilitate the management led buyout of the company, with Main Street funding $27.2M. Main Street's follow-on investment in DMS supported the acquisition of the assets of the Freedom, Pennsylvania direct mail production plant. The follow-on investment consisted of an additional first lien, senior secured term loan of $9.5M. Founded in 1982 and headquartered in Portland, Oregon, DMS is a national, vertically integrated provider of omni-channel direct marketing services. Main Street originally invested in Heritage in December 2020 to facilitate a minority recapitalization of the company and provide growth capital, with Main Street funding $17.0M. Main Street also provided Heritage with a revolving line of credit. The follow-on investments consisted of additional first lien, senior secured term loans totaling $6.3M. Founded in 1985 and headquartered in West Point, Nebraska, Heritage is a provider of mixed-animal and large animal veterinary services and products to livestock producers and companion animal owners throughout the U.S.
PSTV

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07:22 EST Plus Therapeutics expands investigational oncology drug pipeline - Plus Therapeutics announced that it has entered into an agreement with The University of Texas Health Science Center at San Antonio for a worldwide exclusive license to develop and commercialize novel interventional therapeutics for cancer. The licensed patents include composition of matter patents for biodegradable alginate microspheres, BAM, containing nanoliposomes loaded with imaging and/or therapeutic payloads. Therapeutic payloads may include radiotherapeutics, chemotherapeutics or thermotherapeutics. The financial terms of the exclusive license agreement are primarily success-based with milestone and royalty payments contingent on achieving key clinical, regulatory and sales milestones. The Company will initially focus on developing 188RNL-BAM as a next-generation radioembolization therapy for liver cancer, in which BAM blocks the hepatic artery segments that supply blood to the malignant tumor while also providing 188RNL radiotherapy by directly irradiating the tumor. "This transaction is the next step in our plan to expand our pipeline using precision, targeted radiotherapeutics," said Norman LaFrance, M.D., Chief Medical Officer of Plus Therapeutics. "Next steps are to complete and compile the promising preclinical work performed thus far and prepare for an IND submission in 2022 for the treatment of liver cancer."
FRLN

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07:20 EST Freeline announces FDA clearance of IND application for FLT201 - Freeline Therapeutics announced that the U.S. Food and Drug Administration, FDA, has cleared its Investigational New Drug, IND, application for FLT201 as an investigational gene therapy for the treatment of Gaucher disease Type 1. "The FDA clearance of this IND is an important milestone for FLT201, which is the first AAV-mediated gene therapy for patients with Gaucher disease Type 1 in the clinic," said Michael Parini, Chief Executive Officer of Freeline. "Our FLT201 program harnesses our unique scientific platform capabilities - our highly potent, proprietary AAVS3 capsid, robust CMC and pre-clinical data across all our programs, and our advanced protein engineering capabilities - to develop a potentially transformative treatment for patients suffering from Gaucher disease. The entry of our third program into the clinic is important validation of the advantage of Freeline's portfolio approach to development." Freeline initiated the Phase 1/2 dose-finding trial of FLT201 at the end of 2021 in Europe and expects to dose two patients in the first dose cohort in the first half of 2022, with initial safety and biomarker data from the first cohort expected in Q3 2022. The Company expects to report data on all dosed patients, including those dosed in Q3, prior to year-end 2022.
AVXL

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07:19 EST Anavex promotes Kaufmann to CSO, Hammond to CMO - Anavex Life Sciences announced that Walter Kaufmann, M.D. has been promoted to Chief Scientific Officer, CSO, and Edward Hammond, M.D., M.P.H., PhD, has been appointed Chief Medical Officer, CMO, effective immediately. Before joining Anavex over three years ago, Dr. Kaufmann was the Director of the Center for Translational Research at the Greenwood Genetic Center. Dr. Hammond, who joined recently, is a Physician-Scientist, Clinical Epidemiologist and Public Health practitioner.
CRIS

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07:17 EST Curis reports Phase 1 data of CI-8993 in relapsed or refractory solid tumors - Curis announced initial safety, pharmacokinetic and pharmacodynamic data from the Phase 1 dose escalation study of CI-8993, a monoclonal antibody targeting VISTA for patients with R/R solid tumors. Based on 13 patients treated in the first two dose cohorts of 0.15mg/kg and 0.3mg/kg, Curis believes CI-8993 has shown a promising safety profile to date, with no dose-limiting toxicities observed. The trial has successfully dose escalated through the 0.15 mg/kg and 0.3 mg/kg cohorts, the dose level at which Janssen discontinued a prior study after a patient experienced a reversible grade 3 treatment-related adverse event. In the current Curis study, CI-8993 has shown non-linear increases in pharmacokinetic exposure at each dose level and exhibits saturation kinetics, indicating the potential to overcome this sink effect as dose increases. These findings suggest the potential for broad bioavailability at higher dose levels. The pharmacodynamic effects of CI-8993 observed to date suggest the possibility that CI-8993 can activate multiple anti-cancer immune mechanisms, including mechanisms that are not addressed by currently approved checkpoint inhibitors. Curis intends to further explore this PK/PD relationship at higher dose levels, as the study continues. Curis expects to report expanded safety and tolerability data, along with initial PK, PD and anti-cancer data from the trial in the second half of 2022.
KIRK

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07:17 EST Kirkland's announces new $30M share repurchase plan - Kirkland's announced that its board of directors has authorized a new share repurchase plan providing for the purchase in the aggregate of $30M of the company's outstanding common stock.
FWBI

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07:17 EST First Wave complete enrollment for Part 2 of RESERVOIR Phase 2 trial of FW-COV - First Wave BioPharma announced that it has completed enrollment for Part 2 of the RESERVOIR Phase 2 trial evaluating FW-COV as an outpatient treatment for COVID-19-related gastrointestinal, GI, infections. FW-COV is a proprietary, oral, tablet formulation of micronized niclosamide being developed to remove SARS-CoV-2, the virus that causes COVID-19, from the GI tract. RESERVOIR is designed as a two-part, two-arm, randomized, placebo-controlled Phase 2 study with a primary purpose to confirm the safety of FW-COV and assess the drug's ability to remove the SARS-CoV-2 virus from the digestive tract. First Wave BioPharma expects to report top-line data in the first half of 2022. James Sapirstein, President and CEO of First Wave BioPharma said, "This is an important milestone for First Wave and the development of FW-COV. Based on the positive safety data observed thus far, combined with earlier published in vitro COVID efficacy data for niclosamide, we believe that FW-COV has the potential to contribute to the global need for new therapies against SARS2. Furthermore, because niclosamide targets the entire virus, and not just the spike protein, we believe that FW-COV may prove effective against multiple strains of COVID-19, including the Delta and Omicron variants. If RESERVOIR is successful and supported by additional data, we anticipate being in a position to submit an Emergency Use Authorization application later this year."
KIRK

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07:17 EST Kirkland's reports 2021 holiday SSS down 6.4% - Comparable sales for the fiscal fourth quarter through December 2021 decreased 6.4% compared to the same prior-year period. This includes a 9.5% comparable sales decrease for November 2021 and a 3.3% decrease for December 2021, both compared to the same prior-year period.
OBSV

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07:14 EST ObsEva announces results from Phase 3 EDELWEISS 3 trial of linzagolix - ObsEva SA announced "positive" topline results from the Phase 3 EDELWEISS 3 trial of linzagolix, an oral GnRH antagonist, in women with moderate-to-severe endometriosis-associated pain, EAP. Two doses were tested, a 200 mg once-daily dose of linzagolix in combination with add-back therapy, ABT, and a 75 mg dose of linzagolix without ABT. The 200 mg dose met the co-primary efficacy objectives, demonstrating reductions in dysmenorrhea, DYS, and non-menstrual pelvic pain, NMPP, at 3 months. There were statistically significant and clinically meaningful improvements in the first five ranked secondary endpoints at 6 months: dysmenorrhea, non-menstrual pelvic pain, dyschezia, overall pelvic pain, and ability to do daily activities. The 75 mg dose without ABT demonstrated a statistically significant reduction versus placebo in DYS at 3 months. Although it showed improvement in NMPP at 3 months, it did not reach statistical significance versus placebo, and thus did not meet the co-primary efficacy objective. Improvements were also observed at 6 months in the first five ranked secondary endpoints, as for the 200 mg plus ABT dose. Both linzagolix doses were generally well-tolerated with minimal BMD decrease and few adverse events occurring in more than 5% of patients up to 6 months.
CRIS

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07:13 EST Curis' CA-4948 monotherapy shows positive activity in Phase 1/2 AML study - Curis announced positive updated clinical data from the ongoing open label Phase 1/2 dose escalation and expansion study of CA-4948, a novel, small molecule IRAK-4 inhibitor, as a monotherapy in patients with relapsed or refractory - R/R - acute myeloid leukemia, or AML, or high risk myelodysplastic syndromes - MDS -. As of December 16, 2021, 49 total patients had been administered CA-4948 in the R/R AML/MDS study. The safety profile to date showed key findings: CA-4948 was well-tolerated across multiple dose levels; treatment-related adverse events were reversible and manageable; no dose-limiting myelosuppression; no cumulative toxicities observed; no grade 4 or 5 treatment-related adverse events. The company believes these attributes of CA-4948's emerging safety profile may provide an advantage compared to current standard of care therapies in monotherapy and could also make CA-4948 an attractive candidate for addition to combination therapy regimens. Previous data presented by Curis in June 2021 highlighted preliminary efficacy data of CA-4948 in R/R AML/MDS patients whose disease is characterized by spliceosome or FLT3 mutation. The clinical data update provides an expanded data set for this genetically-defined patient population and further support the rationale for seeking a discussion with FDA in the first half of 2022 to discuss the potential for a rapid registrational path forward for CA-4948 as a monotherapy in genetically-defined patient populations. The company believes the data suggest a favorable safety and anti-cancer activity profile compared to standard of care therapies for these patient populations. Enrollment in the study of CA-4948 in R/R AML/MDS is on-going, and Curis looks forward to potential discussions with the FDA in the first half of 2022 regarding the potential for a rapid registrational path forward for CA-4948 as a monotherapy in genetically-defined patient populations. Curis expects to provide additional data from the R/R AML/MDS study at a medical meeting in 2022.
CNC

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07:12 EST Centene names Jim Murray as Chief Transformation Officer - Centene announced that Jim Murray has been appointed as Chief Transformation Officer. Murray will report to Sarah London, Vice Chairman of the Board for Centene, and will lead Centene's previously announced Value Creation Office and the Centene Advanced Behavioral Health division. Murray was previously the President and COO for Magellan Health, which Centene acquired on January 4. In his previous role, Murray oversaw the Magellan Behavioral and Specialty Health and Magellan Complete Care business segments.
FNCH

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07:11 EST Finch Therapeutics announces two new US patents granted for FIN-211 - Finch Therapeutics announced that the U.S. Patent and Trademark Office has issued two new patents covering the company's FIN-211 enriched consortia microbiome product candidate in development for children with autism spectrum disorder, ASD, and significant gastrointestinal, GI, symptoms. The company's intellectual property portfolio now includes 59 issued U.S. and foreign patents with more than 130 patent applications pending. The first patent covers technologies involved in addressing ASD and GI symptoms associated with ASD by orally administering a donor-derived microbial community enriched with bacterial isolates from a genus with potential therapeutic applications in ASD. This patent is jointly owned with, and exclusively licensed from, the Arizona Board of Regents on behalf of Arizona State University and the Regents of the University of Minnesota. The second patent, solely owned by Finch, covers encapsulated compositions containing donor-derived microbiota enriched with one or more cultured bacterial strains, and methods of manufacturing such compositions. The first and second patents have expiration dates in 2036 and 2031, respectively. Mark Smith, PhD, Chief Executive Officer of Finch Therapeutics said, "We believe FIN-211 has the potential to promote the broad functions of a diverse gut microbiome while also targeting specific mechanisms that may be important in ASD. We look forward to initiating our Phase 1b trial of FIN-211 in children with ASD and constipation in the first half of 2022, research that we believe will add to the growing body of evidence supporting the potential for a microbiome-based therapeutic option for children with ASD and significant GI symptoms."
MANU

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07:09 EST Manchester United says Richard Arnold to transition to CEO - Manchester United announces that Richard Arnold, formerly Group Managing Director, will become Chief Executive Officer, effective from 1st February. Ed Woodward will step down from his role as Executive Vice-Chairman, also effective from 1st February. Richard Arnold said: "I am honoured to have the chance to serve this great club and its fans. I am determined to return that honour in any way I can." Joel Glazer, Executive Co-Chairman, said: "I would like to thank Ed for his tireless work on behalf of Manchester United during his nine years as Executive Vice-Chairman and 16 years with the club. We are now looking forward to Richard and his leadership team opening a new phase in the club's evolution, with ambitious plans for investment in Old Trafford, the strengthening of our engagement with fans, and continued drive towards our most important objective - winning on the pitch."
ITMZF

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07:09 EST Intema receives proceeds of $1.57M from warrants, reports annual meeting result - Intema Solutions announces that it has received proceeds of $1,574,400 from the exercise of warrants into 13,120,000 common shares of the Corporation. Intema also reports on the outcome of its annual general and special meeting of shareholders, held on Tuesday, January 4, 2022 At the meeting, the Corporation's shareholders approved all the resolutions set out in the management proxy circular dated December 6, 2021, including those on the election of directors, the appointment of MGO LLP as the new auditors of the Corporation for the coming year and the approval of a 10% rolling stock option plan. The shareholders also approved the name change of the Corporation to React Gaming Group, which will become effective at the closing of the transaction with Livestream Gaming.
WHR

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07:08 EST Whirlpool sells original Cleveland, Tenn., manufacturing campus to Phoenix - Whirlpool announced the sale of its original Cleveland, Tenn., manufacturing campus to an affiliate of Phoenix Investors. Whirlpool built a new plant and warehouse in Cleveland in 2012 at a separate site. On the original campus, Whirlpool recently completed the demolition of manufacturing buildings and continues to occupy the distribution warehouse on the property. The original campus comprises approximately 77 acres and a 150,000 sq. ft. warehouse.
SYBX

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07:08 EST Synlogic announces progress toward 2022 clinical milestones - Synlogic provided an update on progress towards multiple 2022 clinical milestones. "The past year was transformational for Synlogic as we achieved clinical proof of concept in phenylketonuria, a disease that causes tremendous burden to all of those affected. Current treatments leave a need for a safe, effective, and convenient oral treatment option and we are thrilled to be on track to begin the pivotal Phase 3 program in the second half of 2022," said Aoife Brennan, M.B. Ch.B., Synlogic President and Chief Executive Officer. "Our plans for 2022 will build on this progress with multiple clinical data readouts expected across our programs." Clinical Programs and Anticipated 2022 Milestones: Synlogic's research collaboration with Roche to develop a Synthetic Biotic drug candidate for the treatment of inflammatory bowel disease is continuing with the potential for additional research milestones during 2022. Synlogic and Ginkgo are also advancing their research collaboration to include additional, undisclosed preclinical assets. Expected clinical milestones across these programs include: Rare Metabolic Diseases: SYNB1618 and SYNB1934 for PKU - Data from the Phase 2 SynPheny-1 study H1 2022 and Phase 3 trial initiation H2 2022. SYNB1353 for HCU - Data from Phase 1 trial in healthy volunteers H2 2022. Enteric Hyperoxaluria: SYNB8802 for enteric hyperoxaluria - Proof of concept in 2022.
TSVT NVO

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07:07 EST 2seventy Bio, Novo Nordisk expand pact involving in vivo gene editing approach - 2seventy bio (TSVT) announced that it has entered into an option and license agreement with Novo Nordisk (NVO) for joint research and development of an in vivo gene editing treatment for hemophilia A. This agreement builds upon a successful existing multi-year research collaboration between the two companies. Under the terms of this agreement, Novo Nordisk will have the option to license 2seventy bio's proprietary mRNA-based megaTAL technology for the development of a new treatment approach for hemophilia A patients with the goal of offering a sustained therapeutic effect. The collaboration agreement with Novo Nordisk builds upon the original research collaboration signed between bluebird bio and Novo Nordisk in 2019, focused on identifying a development gene therapy candidate for people with hemophilia A. The collaboration utilizes 2seventy bio's megaTAL technology that has the potential to provide a highly specific and efficient way to silence, edit, or insert genetic components. Hemophilia A is a genetic bleeding disorder resulting from defective Factor VIII. Under the terms of the agreement, Novo Nordisk will obtain the option to exclusively license 2seventy bio's in vivo mRNA platform and gene editing technology for use in the treatment of patients with hemophilia A. 2seventy bio will receive an upfront payment of $5M and is eligible for near-term milestone and option exercise payments of up to $35 million, in addition to development, regulatory, and commercial milestones, as well as a royalty on net sales. Novo Nordisk will be responsible for funding all research and development activities. Related to this collaboration, 2seventy bio has also entered into an agreement with Genevant Sciences for access to Genevant's industry-leading LNP technology platform for use in 2seventy bio's collaboration with Novo Nordisk for the treatment of patients with hemophilia A. 2seventy bio plans to use the Genevant LNP platform for efficient delivery of megaTAL mRNA to hepatocyte cells within the liver. Under the terms of the agreement between 2seventy bio and Genevant, 2seventy bio obtained rights to license Genevant's LNP technology for use with megaTAL mRNA products in the treatment of patients with hemophilia A. Genevant is eligible for upfront and near-term option exercise payments totaling $10M, as well as development and commercialization milestones, and royalties in the mid-single digits on future product sales.
RGNX

Hot Stocks

07:07 EST Regenxbio announces FDA clearance of IND for clinical trial of RGX-202 - Regenxbio announced the clearance of its Investigational New Drug application by the United States FDA to evaluate RGX-202, a potential one-time gene therapy for the treatment of Duchenne muscular dystrophy in a first-in-human clinical trial. RGX-202 is designed to deliver a transgene for a novel microdystrophin that includes the functional elements of the C-Terminal domain found in naturally occurring dystrophin. RGX-202 uses Regenxbio's proprietary NAV AAV8 vector. Regenxbio plans to initiate the trial in the first half of 2022.
DNA

Hot Stocks

07:05 EST Ginkgo Bioworks, Optimvia partner to manufacture biosynthetic heparin - Optimvia and Ginkgo Bioworks announced a partnership to improve the manufacturing efficiency of biosynthetic heparin, an essential medicine currently produced from industrial animal agriculture. Under the partnership, Optimvia seeks to leverage Ginkgo's cell and enzyme engineering platform, as well as its fermentation process development expertise, to rapidly improve the performance of Optimvia's biosynthetic heparin manufacturing technology.
VHIBF

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07:05 EST Vitalhub announces Royal Berkshire NHS licenses patient flow platform - VitalHub announces a licensing transaction of subsidiary Intouch with Health's patient flow platform to Royal Berkshire NHS Foundation Trust. The transaction is principally focused on Royal Berkshire Hospital and allows the licensed solutions to be used at all 6 Trust sites. "This is evidence that our acquisition strategy which focuses on synergistic solutions is working to improve health outcomes, system-wide, for our customers. The Royal Berkshire's investment in improving the outpatient experience and the success of our business in 2021 underlines that there is a significant opportunity to grow our leadership position in the outpatient flow optimization category. The Intouch platform continues to be the leading patient flow system in the UK market," said Dan Matlow, CEO of VitalHub Corporation.
ALTR HPE

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07:03 EST Altair Engineering signs multi-year agreement with HP Enterprise - Altair (ALTR) signed a multi-year agreement with Hewlett Packard Enterprise (HPE) to offer Altair's HPC solution suite for job scheduling and management with HPE's HPC systems to support next-generation supercomputing. The solution suite includes Altair PBS Professional, a fast and powerful workload manager that provides users with robust, scalable technology, capable of handling the most intense jobs while improving productivity, optimizing utilization and efficiency, and simplifying administration for supercomputers of any size.
BHVN

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07:02 EST Biohaven Pharmaceutical reports Q4 preliminary NURTEC ODT revenue $190M - Based on preliminary unaudited financial information, the company reported approximately $190M in net product revenue from sales of NURTEC ODT in the fourth quarter of 2021 and approximately $462M in net product revenue for 2021. There were no material changes in channel inventory days over the course of the year.
VTRS

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07:01 EST Viatris increases quarterly dividend 9% to 12c per share - Viatris approved a 9% increase in its quarterly dividend and declared a dividend for 1Q22 of 12c per share on outstanding common stock. The dividend will be payable on March 16 to shareholders of record at the close of business on February 24.
BKE

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06:52 EST The Buckle reports December 2021 sales up 17.7% year-over-year - The Buckle announced that comparable store net sales, for stores open at least one year, for the 5-week period ended January 1, 2022 increased 17.7% from comparable store net sales for the 5-week period ended January 2, 2021. Net sales for the 5-week fiscal month ended January 1, 2022 increased 17.3% to $198.7M from net sales of $169.4M for the prior year 5-week fiscal month ended January 2, 2021. Comparable store net sales year-to-date for the 48-week period ended January 1, 2022 increased 46.7% from comparable store net sales for the 48-week period ended January 2, 2021. Net sales for the 48-week fiscal period ended January 1, 2022 increased 46.7% to $1.230B from net sales of $838.2M for the prior year 48-week fiscal period ended January 2, 2021.
OPFI

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06:51 EST OppFi announces $20M share repurchase plan - OppFi announced that its Board of Directors has authorized a share repurchase program that permits the company to purchase up to an aggregate of $20M of its Class A common stock. The authorization will expire in December 2023.
HELE

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06:50 EST Helen of Troy sees FY22 capital asset expenditures $85M-$110M
LLY

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06:48 EST Eli Lilly acquires rights to Fusogenix nucleic acid delivery technology - Eli Lilly has acquired exclusive rights to Entos Pharmaceuticals' Fusogenix nucleic acid delivery technology to research, develop and commercialize nucleic acid products targeting the central and peripheral nervous system, the companies announced. This technology provides an opportunity for Lilly to access a novel delivery platform technology with the potential to solve a key delivery challenge for many nucleic acid therapeutic modalities. Under the terms of the research and collaboration agreement, Lilly and Entos have agreed to multiple programs focused on the development of proteo-lipid vehicles, or PLV, for delivery of therapeutic cargo supplied by Lilly to targets in the central and peripheral nervous systems. Entos will be responsible for the generation, development and optimization of PLVs using its proprietary Fusogenix platform technology. Lilly will be responsible for selecting PLVs for clinical development and commercialization. Entos will receive an initial payment of $50M, which includes an equity investment by Lilly in Entos. For each of the programs under the collaboration, Entos is also eligible to receive up to $400M in potential developmental and commercial This transaction will be reflected in Lilly's reported results and financial guidance according to Generally Accepted Accounting Principles.
TT

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06:34 EST Trane's Chief Human Resources, Marketing and Communications officer retiring - Trane Technologies' Executive VP and Chief Human Resources, Marketing and Communications officer Marcia Avedon has announced her planned retirement from the company in April after 15 years of service. Mairead Magner has been named Senior Vice President and Chief Human Resources Officer, and Carrie Amendum Ruddy has been named Senior VP and Chief Communications and Marketing Officer, effective immediately. Avedon has served as Chief Human Resources Officer since 2007, also overseeing the company's communications, marketing and government relations functions. Avedon will work over the next few months to support a smooth transition of responsibilities to Magner and Ruddy. Magner has spent her entire career with the company, joining in 1998 through a human resources leadership development program. Ruddy most recently served as Vice President, Communications and Corporate Citizenship and will now also oversee the company's marketing and government relations functions. Ruddy joined the company in 2014 as head of employee communications and engagement. Previously, she held communications leadership roles at Bank of America, Delhaize Group and Wachovia Corp.
NICE

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06:33 EST Nice says city of Detroit 911 to implement NICE Inform Elite - Nice announced that the City of Detroit, Michigan 911 communications center will be deploying NICE Inform Elite to digitally transform processes around tracking performance metrics, performing quality assurance reviews, and reconstructing incidents. Through this transformation, the 911 center expects to improve productivity, enhance staff performance and satisfaction and provide better service to citizens and communities. Detroit is the largest city in the state of Michigan and the 27th most populous U.S. city with over 639,000 residents.
MF

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06:32 EST Missfresh enters agreements with 20 regional supermarket chains in China - Missfresh has inked agreements with more than 20 regional supermarket chains to equip more than 150 stores in 19 cities in China with the company's suite of proprietary SaaS tools and AI-driven capabilities, such as smart omnichannel marketing, smart supply chain management, and smart store-to-door delivery. Missfresh's Retail Cloud business segment officially launched in June 2021 and continues to empower a growing number of neighborhood retailers through digitalization of their services, while at the same time laying the groundwork for the rapid expansion of Retail Cloud services across the neighborhood retail industry.
AFMD

Hot Stocks

06:32 EST Affimed completes enrollment in REDIRECT study - Affimed announced that it has completed enrollment in the REDIRECT study and provided a business update. REDIRECT, also known as AFM13-202, is a registration-directed phase 2 open-label, multicenter, global study investigating the efficacy and safety of AFM13 monotherapy in patients with relapsed or refractory CD30-positive peripheral T-cell lymphoma. Affimed expects to report topline data from the REDIRECT study in the second half of 2022. "Completing the enrollment in the registration directed trial of AFM13, our lead innate cell engager, is an important milestone for us and reflects our ability to progress and advance our clinical pipeline. The high response rates reported in December 2021 from our combination study with natural killer cells in Hodgkin Lymphoma represent a marked expansion of the business opportunity of AFM13. We are looking forward to solidifying the opportunity for AFM13 when we report additional data this year," said Dr. Adi Hoess, CEO of Affimed. "Data generated from multiple AFM13 trials provide us with confidence in the development strategy for AFM24 and AFM28, for which we expect to provide additional updates during 2022."
MGM

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06:14 EST MGM Resorts to roll out new loyalty rewards program - MGM Resorts is rolling out its reimagined loyalty rewards program, MGM Rewards, on February 1, unlocking access for both gaming and non-gaming guests to the Company's 20+ destinations across the country, offering more ways to earn and new benefits. For the first time, non-gaming customers will join their gaming counterparts and have the benefit of earning a currency - MGM Rewards Points - redeemable for complimentary food and beverage, entertainment, hotel stays and more. All members can now earn Points on nearly all expenditures at MGM Resorts destinations, integrating both non-gaming and gaming activity. In addition to MGM Rewards Points, customers playing slots also will earn Slot Dollars. MGM Resorts' five member tier levels - Sapphire, Pearl, Gold, Platinum and NOIR - remain in place.
PDS

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06:10 EST Precision Drilling provides operational update - Precision continues to experience increased demand for drilling services, Alpha technologies and EverGreen solutions into 2022. In 1Q21, Precision's average active rig count was 52 for Canada, 45 for the U.S., and six internationally. As of January 6, 2022, Precision has 66 active rigs in Canada and 50 active rigs in the U.S., representing increases of 38% and 61%, respectively, from the same date in 2021. Precision continues to have six rigs active internationally. For 1Q22, Precision expects its Canadian average drilling activity to be up approximately 40% compared with 2021, while average U.S. activity is expected to be up approximately 60% year over year with our active rig count continuing to trend higher through the next several quarters. Precision exited the year with 47 AC Super Triple Alpha-rigs equipped with its AlphaAutomation platform, a 26% increase from the beginning of 2021. Q4 paid AlphaApp days increased 50% vs. 3Q21 and 440% compared to 4Q20. Precision added four new Alpha customers in 4Q21. Precision's EverGreen suite of environmental solutions expects three Battery Energy Storage System deployments in Q1 with several additional pending commitments by mid-year. In addition, by the end of Q1, expects to have eight Integrated Power & Emissions Monitoring Systems deployed.
PDS

Hot Stocks

06:08 EST Precision Drilling provides capital allocation target through 2025 - Precision Drilling provided an introduction to its capital allocation framework through 2025; 2021 debt reduction and year-end liquidity updates. Precision's debt reduction plans will continue with the goal of repaying over $400M in debt over the next four years and reaching a sustained Net Debt to Adjusted EBITDA ratio of below 1.5 times. At the end of 2025, Precision expects to have reduced debt by well over $1B since 2018. In addition to debt reduction targets through 2025, Precision plans to allocate 10%-20% of free cash flow before debt principal repayments toward the return of capital to shareholders. Precision will continue to invest in routine fleet maintenance, Alpha technologies, EverGreen solutions and contracted Super Series rig upgrades. Precision reduced total debt by $115M in 2021, exceeding the midpoint of its annual debt reduction goal of $100M-$125M. As of December 31, 2021, Precision's outstanding debt obligations included $118M in Senior Credit Facility due June 18, 2025; $348M in 7.125% senior notes due January 15, 2026; and $400M in 6.875% senior notes due June 15, 2029. In addition, Precision has approximately $25M of real estate credit facilities due in 2025 and 2026. Precision's run rate cash interest expense to start 2022 is expected to be approximately $75M. The company ended 2021 with over $530M of total liquidity including a cash balance of approximately $40M and revolver availability.
SCGLY

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06:08 EST Societe Generale announces ALD's proposed purchase of LeasePlan for EUR4.9B - Societe Generale announces the signing by Societe Generale and ALD of two Memorandums of Understanding under which ALD would acquire 100% of LeasePlan from a consortium led by TDR Capital, to create a global player in mobility with a total combined fleet of around 3.5 million vehicles: The proposed acquisition of LeasePlan for a total consideration of EUR 4.9B would be made through a combination of shares and cash; Societe Generale would commit to remain the long-term majority shareholder of the combined entity with a ~53% stake at closing, LeasePlan shareholders holding 30.75%. Societe Generale said in a statement: "This transformative project would be a step-change towards creating a leading global player in mobility, benefiting from highly compelling complementary capabilities and synergies." Reference Link
KW

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06:07 EST Kennedy Wilson JV acquires 21-acre development site in Oregon - Kennedy Wilson has entered into a joint venture with Matt Day, owner of Bend-based Hooker Creek Companies, to acquire and develop a vacant 21-acre site in the heart of Bend, Oregon. Acquired on December 31, 2021, the joint venture intends to develop the site into a master-planned community that will likely include a mix of apartments, affordable senior housing, for-sale homes, office space, a boutique hotel, and retail space. The project is envisioned to create a residential and commercial hub that will feature open space accessible to the wider community in central Bend. The site is located in the heart of Bend, immediately south of Downtown Bend, just east of the Deschutes River and adjacent to the city's renowned Old Mill District.
PTEN

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06:07 EST Patterson-UTI reports an average of 110 drilling rigs operating in December - Patterson-UTI reported that for the month of December, the company had an average of 110 drilling rigs operating in the United States. For the three months ended December 31, 2021, the company had an average of 106 drilling rigs operating in the United States.
PGTI

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06:02 EST PGT Innovations appoints John Kunz as CFO - PGT Innovations appointed John Kunz as Senior VP and CFO, effective January 17. Most recently, Kunz served as the Senior VP and CFO at U.S. Concrete. He also serves on the board of directors for the Wabash National Corporation. Brad West, who has been serving as Interim CFO for PGT Innovations, will resume his role as Senior VP of Corporate Development and Treasurer.
GP

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05:33 EST GreenPower Motor delivers six Beast school buses to Thermalito UESD - GreenPower Motor announced that Thermalito Union Elementary School District has taken delivery of six GreenPower Beast school buses. This delivery marks the largest single order and delivery of GreenPower's Beast school buses to date. The transaction was facilitated by Creative Bus Sales.
MAT

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05:30 EST Mattel announces partnership between Barbie and Balmain, to enter NFT space - Mattel announced the launch of a partnership between the Barbie brand and French luxury fashion label, Balmain. The two brands are launching a new global ready-to-wear fashion and accessories collection. The venture also marks the first time Barbie is entering the digital art world. Together, the two entities are dropping three NFTs of Barbie and Ken avatars. Styled in looks from Balmain's designs, each is accompanied by a one-of-a-kind bespoke set of Barbie-sized Balmain pieces, creating a digital and physical art collection. These Barbie x Balmain NFTs will be available exclusively through Mattel Creations, via an online auction hosted on mintNFT.
UMC

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05:26 EST UMC reports December sales of NT$20.28M, up 32.65% - Reports FY21 sales NT$213.01M, up 20.47%.
PRTC

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05:24 EST PureTech Health announces results from LYT-100 study - PureTech Health announced results from a randomized, double-blind crossover study in healthy older adults demonstrating that approximately 50% fewer subjects treated with PureTech's LYT-100 experienced gastrointestinal, or GI-related adverse events, or AEs,compared to subjects treated with pirfenidone. Pirfenidone is approved by the FDA for the treatment of idiopathic pulmonary fibrosis, or IPF, an orphan disease that is chronic and progressive resulting in significant morbidity and mortality. Based on these results, additional data generated from PureTech's robust LYT-100 clinical program and recent regulatory feedback, the company intends to advance LYT-100 into late-stage clinical development for the treatment of IPF, beginning with a dose-ranging study evaluating six months of treatment with LYT-100 initiating in the first half of 2022. PureTech believes the results of this study, together with a Phase 3 study, could serve as the basis for registration in the U.S. Based on a recently published observational study and independent market research, only about 26% of IPF patients are treated with the current standard of care treatments despite their proven efficacy. This suggests that a vast majority of IPF patients are not currently being treated, and further supports the significant need for new, tolerable treatment options. A previous clinical study comparing a lower dose of pirfenidone than the FDA-approved dose noted a dose-efficacy response, but whether doses higher than the marketed dose can achieve increased efficacy has not been adequately explored in patients with IPF. In the upcoming dose-ranging study, PureTech also plans to investigate LYT-100 in IPF patients at a dose with a higher total drug exposure than the currently approved dose of pirfenidone to see if higher exposure results in improved efficacy. The double-blind, randomized, crossover study evaluated the tolerability of LYT-100 550 mg TID versus pirfenidone 801 mg TID in 49 healthy older adults aged 60-79, an age group consistent with that of the IPF patient population. The dose of LYT-100 used in this study was selected based on pharmacokinetics, or PK, and modeling data from prior studies, which together suggest that 550 mg TID results in similar exposure levels achieved with 801 mg TID of pirfenidone. The study showed that 38% fewer subjects treated with LYT-100 experienced any AEs compared with those treated with pirfenidone. Additionally, approximately 50% fewer subjects experienced GI-related AEs with LYT-100 compared with pirfenidone, most notably nausea, which is the most common AE associated with pirfenidone. No serious AEs were reported in the study, and there was one AE-related discontinuation in each arm. Though not powered to show statistical significance, this study provides evidence that LYT-100 has the potential to offer an important tolerability advantage over pirfenidone and helps to inform PureTech's development plans with this therapeutic candidate in IPF. Based on the data generated to date and discussions with the FDA, PureTech plans to pursue a streamlined development program for LYT-100 in IPF, capitalizing on efficiencies of the 505 pathway. The dose-ranging study, which is anticipated to begin in the first half of 2022, will enroll approximately 250 treatment naive patients to evaluate LYT-100 efficacy relative to placebo and compare relative tolerability and efficacy for pirfenidone. The planned study will evaluate TID dosing of LYT-100 taken with meals. The TID regimen is designed to reduce the maximal drug concentration, known to correlate with GI-related AEs with pirfenidone, while maintaining the same or higher overall systemic exposure as pirfenidone. Pending clinical and regulatory feedback, the program will advance into a Phase 3 study.
UGRO

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05:19 EST Urban-Gro named as authorized system integrator for Thrive Agritech - Thrive Agritech announced that Urban-Gro will be an authorized system integrator for Thrive Agritech's portfolio of LED lighting products. Said Jim Dennedy, urban-gro's president and COO, "Our architect-led design-build project approach is unique to the market in that, we start with design and then integrate purpose-built CEA systems to meet the unique specifications of each client. Our team of experts carefully vet all of the systems and technologies that we offer and we're excited to offer Thrive Agritech's portfolio of lighting solutions to our customers. We believe Thrive's LED lighting solutions offer a compelling choice for growers looking to get the highest performance out of their facilities."
BGNE

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05:15 EST BeiGene announces China NMPA approval for tislelizumab - BeiGene announced that the China National Medical Products Administration, or NMPA, has approved BeiGene's anti-PD-1 antibody tislelizumab as a second- or third-line treatment for patients with locally advanced or metastatic non-small cell lung cancer, or NSCLC. A supplemental biologics license application for tislelizumab in this indication was previously accepted for review by the China NMPA in March.
DADA

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05:13 EST Dada Nexus announces 'no close' during 2022 Chinese New Year - Dada Group announced its Dada Now and JDDJ platforms, would stay open and continue to offer one-hour on-demand shopping service to consumers across the country during 2022 Chinese New Year. The Shopping Festival hosted by JDDJ and Shop Now to celebrate Chinese New Year, would launch from January 7 and continue to participate in the online New Year Festival held by the Minister of Commerce and Shanghai Municipal Commission of Commerce. Meanwhile, Dada Now announces its warehousing, picking and delivery services would also be not shutdown in Festival. The platform has rolled out measures such as recruiting new deliverymen, offering holiday subsidies, scheduling riders and personal cares to expand its delivery force. It has prepared tens of thousands of supplies such as kneelet, thermos cup, gloves, masks and disinfectants, and established an emergency response mechanism to guarantee holiday delivery. It is worth noting that Dada's autonomous delivery operation open system, which was officially unveiled in the second half of last year, would participate in the New Year's on-demand delivery for the first time. During the Festival, the autonomous delivery platform will continue to support last-mile delivery service of large supermarket chains such as 7 Fresh and Yonghui Supermarket. And the autonomous delivery vehicles will support riders and help alleviate capacity constraints, especially during peak periods or extreme weather conditions. Dada Group's "No Close" measures offer consumers with a one-hour home-delivery service for various products in the Festival, upgrading their shopping experience, and stimulating online consumption potential.
AMBA

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05:09 EST Ambarella, Seeing Machines to partner on occupant and driver monitoring solution - Seeing Machines announced a collaboration with Ambarella to bring integrated advanced driver assistance system, or ADAS, and occupant and driver monitoring system solutions to the market. As part of this collaboration, Seeing Machines will enable its embedded Driver Monitoring Engine software to provide a "back end." This e-DME back end will utilize the CVflow acceleration engine inside Ambarella's SoCs, allowing forward-facing ADAS camera designers to integrate Seeing Machines' OMS and DMS technology. This agreement marks the beginning of a strategic relationship where Ambarella and Seeing Machines intend to combine their skills, products, IP and experience in the domain of embedding AI vision algorithms to deliver driver and occupant monitoring system solutions.