Stockwinners Market Radar for January 12, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
ONEM | Hot Stocks20:37 EST Cathie Wood's ARK Investment bought 150K shares of 1Life Healthcare today
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EXAS | Hot Stocks20:37 EST Cathie Wood's ARK Investment bought 41.1K shares of Exact Sciences today
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COIN | Hot Stocks20:36 EST Cathie Wood's ARK Investment bought 98.6K shares of Coinbase today
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ZM | Hot Stocks20:35 EST Cathie Wood's ARK Investment bought 70.3K shares of Zoom Video today
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NRXP RLFTF | Hot Stocks18:02 EST NRx Pharma seeks $185M in damages from ex partner Relief for libel - NRx Pharmaceuticals (NRXP) filed a lawsuit on Monday against Relief Therapeutics (RLFTF), its former collaboration partner, in New York State Supreme Court. The counterclaim details Relief's breach and repudiation of the collaboration agreement, highlights the false nature of Relief's claims to have worldwide rights to Aviptadil, to have engaged in phase 3 research using Aviptadil, and to having any human grade drug available to treat patients. The lawsuit details a past pattern of collusion by Raghuram Selvaraju and members of Relief's management and associates in matters that have led to criminal investigations, sanctions, fines, and in one case incarceration. NRx seeks $185M in reliance damages as well further punitive damages associated with the libelous and extortionate behavior. We are confident that the New York State Supreme Court will mete out the penalty merited by this offensive behavior. In fact, we believe Relief's conduct is so egregious as to warrant the imposition of punitive damages. Under the law, punitive damages may be awarded when reprehensible and malicious conduct is directed not only at the plaintiff but at the public. NRx intends to donate any punitive damages awarded by the Court to assist COVID survivors, as they are the true victims of Relief's actions.
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ADGI | Hot Stocks17:48 EST Adagio Therapeutics spikes higher after report on ADG20 against Omicron - Shares of Adagio Therapeutics are up approximately 23% or $1.33 per share to approximately $7.22 in after-hours trading on Wednesday after reporting recent findings reported in three separate publications that show ADG20, its lead monoclonal antibody, mAb, has neutralization activity against the Omicron variant of SARS-CoV-2, and outlined initiatives to address current and future SARS-CoV-2 variants of concern. Adagio is evaluating ADG20 in its global Phase 2/3 clinical trials for both the prevention and treatment of COVID-19. Adagio is engaging with the U.S. Food and Drug Administration, FDA, regarding potential protocol updates to its global Phase 2/3 clinical trials, including an increased dose of ADG20 for the potential prevention and treatment of COVID-19 resulting from the Omicron variant.
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ADGI | Hot Stocks17:37 EST Adagio summarizes neutralization activity of its mAb ADG20 against Omicron - Adagio Therapeutics summarized recent findings reported in three separate publications that show ADG20, its lead monoclonal antibody, mAb, has neutralization activity against the Omicron variant of SARS-CoV-2, and outlined initiatives to address current and future SARS-CoV-2 variants of concern. Adagio is evaluating ADG20 in its global Phase 2/3 clinical trials for both the prevention and treatment of COVID-19. Adagio is engaging with the U.S. Food and Drug Administration, FDA, regarding potential protocol updates to its global Phase 2/3 clinical trials, including an increased dose of ADG20 for the potential prevention and treatment of COVID-19 resulting from the Omicron variant. Recently published in vitro studies examined the neutralization potencies of large panels of mAbs against the Omicron variant in both authentic and pseudovirus assays. Findings across all three studies show that among mAbs in late-stage clinical development or with Emergency Use Authorization, EUA, ADG20 is one of only a few mAbs that demonstrated neutralizing activity against Omicron. Across two distinct authentic neutralization assays against Omicron, the data show that ADG20 had an IC50, a measurement of neutralization potency, of approximately 0.4 to 1.1 microgram/mL, which is comparable with the two other active mAbs, sotrovimab and AZD7742...In addition to its clinical trial updates, Adagio is pursuing multiple strategies to address both Omicron and potential future variants that may emerge.
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KBH | Hot Stocks17:32 EST KB Home sees Q1 housing revenue $1.43B-$1.53B - Sees Q1 average selling price $472,000. Sees FY22 average selling price $480,000-$490,000. Sees FY22 gross margin 26%. Sees Q1 gross profit margin 22%-26%. Sees FY22 gross profit margin 25.4%-26.2%. Sees Q1 and FY22 effective tax rate 25%. Says expects Q1 community count to remain relatively flat. Says expects to end 2022 with 265 communities. Says foresees strong spring selling season. Says expects to end the quarter with net orders down mid-single digit percentage range year-over-year. Says continues to expect favorable housing market conditions. Comments and guidance taken from Q4 earnings conference call.
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LEN | Hot Stocks17:14 EST Lennar raises annual dividend to $1.50 from $1.00 per share - Lennar announced that its Board of Directors has increased its annual dividend to $1.50 per share from $1.00 per share, resulting in a quarterly cash dividend of 37.5c per share for both Class A and Class B common stock. The dividend is payable on February 10 to holders of record at the close of business on January 27.
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PLPC | Hot Stocks16:47 EST Preformed Line Products Co acquires Maxxweld Conectores Eletricos Ltda - Preformed Line Products Company announced that it has acquired Maxxweld Conectores Eletricos Ltda. Founded in 1991 and based out of Curitiba, Brazil, Maxxweld designs and manufactures substation connector systems and accessory hardware for high voltage AC systems and is a market leader in Brazil. The acquisition of Maxxweld will greatly expand PLP's operational and technical capabilities in the region while supporting its overall global substation strategy. Terms of the transaction were not disclosed.
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DORM | Hot Stocks16:42 EST Dorman Products announces 689 new auto parts for January - Dorman Products announced the release of 689 new auto parts, including 248 new-to-the-aftermarket parts that advance the company's mission to give repair professionals and vehicle owners greater freedom to fix a wide range of cars and trucks.
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ANGO | Hot Stocks16:41 EST AngioDynamics CEO buys $228K in common stock - In a regulatory filing, AngioDynamics disclosed that its CEO James Clemmer bought 10K shares of common stock on January 11th in a total transaction size of $228.4K, boosting his stake by about 3%. Shares of AngioDynamics are up 2% at $22.52 in after-hours trading.
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VRNT | Hot Stocks16:33 EST Verint officer Fante sells $229K in company shares - Verint Systems officer Peter Fante disclosed in a filing that he had sold 4,331 shares of company stock at $52.93 per share on January 11, for a total transaction amount of $229,240
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HCI | Hot Stocks16:33 EST HCI Group postpones TypTap Insurance Group IPO - HCI Group "announced an update regarding the previously announced initial public offering of its subsidiary, TypTap Insurance Group". CEO Paresh Patel says: "In light of recent market conditions, HCI's Board of Directors determined that current market pricing for the planned offering does not accurately reflect TypTap's value. Our primary objective has been and will continue to be maximizing the value and opportunity of TypTap. We believe we have the resources to execute TypTap's growth plan without the funds raised from an IPO. We will continue to monitor market conditions over the next several quarters and will move forward with a TypTap IPO when and if conditions are appropriate."
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MKFG | Hot Stocks16:33 EST Markforged co-founder David Benhaim stepping down from role as CTO - Markforged Holding Corporation announced a realignment of its technology teams as part of its ongoing evolution to accelerate its product roadmap and deliver on its mission to lead the future of distributed manufacturing. As part of a planned transition, David Benhaim, Co-Founder and Chief Technology Officer, is stepping down from his role as Chief Technology Officer, effective today, and will remain with the company in an advisory role through July 8, 2022. As previously announced in August 2021, John Howard joined the Company as the Vice President, Engineering with more than 30 years of experience in engineering and product design with prior leadership roles, including at Amazon and Apple. Howard now leads a fully integrated engineering team, combining hardware, software and materials development efforts under one leader to scale operations and enhance collaboration and innovation. "It's been my great honor, and a privilege, to be a part of the Markforged team since its founding in 2013. I will always look back fondly on helping to build this company and working alongside such a fantastic group of talented and motivated people," said Benhaim.
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VCTR | Hot Stocks16:31 EST Victory Capital reports total AUM $183.7B on December 31, 2021 - The company also reported that net flows were negative during the fourth-quarter period.
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KBH | Hot Stocks16:26 EST KB Home jumps 4% to $44.10 after Q4 earnings beat
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UMH | Hot Stocks16:23 EST UMH Properties increases quarterly dividend 5.3% to 20c per share - The board of directors of UMH Properties announced that its board of directors approved a 5.3% increase in the company's quarterly common stock dividend, raising it to 20c per share from 19c per share. The dividend is payable March 15 to shareholders of record at the close of business on February 15. This represents an annual dividend rate of 80c per share.
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CB | Hot Stocks16:23 EST Chubb names Shekar Pannala VP, Chubb Group and Global Chief Information Officer - Chubb has appointed Shekar Pannala Vice President, Chubb Group and Global Chief Information Officer. Formerly Executive VP, Global Technology, Pannala in his new role is responsible for the strategic direction and execution leadership of Chubb's global technology function across applications, operations and architecture as well as furthering the company's digital technology capabilities. The new role was effective January 1. Earlier in his career at Chubb, Pannala was Chief Technology Officer and Global Digital CIO. Prior to joining the company in 2017, he was Chief Technology Officer at S&P Global.
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PBYI | Hot Stocks16:18 EST Puma Biotechnology's NERLYNX included in NCCN guidelines for breast cancer - Puma Biotechnology "announced that the National Comprehensive Cancer Network, or NCCN, Clinical Practice Guidelines in Oncology for the treatment of breast cancer have been updated for 2022 and include two important changes involving neratinib, or NERLYNX. The first update added NERLYNX to the body of the guidelines for the treatment of adjuvant HER2-positive Breast Cancer under the heading Useful in Certain Circumstances, with a recommendation for considering extended adjuvant neratinib for patients with HR-positive, HER2-positive disease with a perceived high risk of recurrence. The second update involved the inclusion of dose escalation as an approach to improve the tolerability of neratinib in the treatment of adjuvant HER2-positive Breast Cancer. This update aligns with the labeling supplement to the U.S. Prescribing Information approved by the U.S. Food and Drug Administration in June 2021, which incorporated the use of NERLYNX dose escalation as evaluated in the Phase II CONTROL study."
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KKR | Hot Stocks16:17 EST KKR leads additional $75M investment in Jet Edge International - Jet Edge International has raised an additional $75M of funding from credit funds and accounts managed by KKR. The new funding expands KKR's total credit and equity investments in Jet Edge to approximately $265M over the past year. Following the initial $150M credit facility announced in June 2021, KKR has continued investing in Jet Edge amidst historic demand for its direct-to-consumer Reserve Membership program. Jet Edge will utilize the funding to further expand the company's extensive Gulfstream and Challenger fleet.
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KBH | Hot Stocks16:15 EST KB Home reports Q4 home deliveries up 28% y/y at 3,679 - Reports Q4 average selling price increased 9% y/y to $451,100.
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KBH | Hot Stocks16:14 EST KB Home sees FY22 housing revenue $7.20B-$7.60B - Sees FY22: Average selling price in the range of $480,000 to $490,000; Homebuilding operating income as a percentage of revenues in the range of 15.7% to 16.5%, assuming no inventory-related charges; Housing gross profit margin in the range of 25.4% to 26.2%, assuming no inventory-related charges; Selling, general and administrative expenses as a percentage of housing revenues in the range of 9.4% to 9.9%; Effective tax rate of approximately 25%, assuming no federal energy tax credit extension is enacted; Ending community count up 20% to 25%; Return on equity in excess of 26%.
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IAC | Hot Stocks16:13 EST IAC reports December Angi revenue up 16% from last year - As part of its December monthly metrics disclosure, IAC also reports Dotdash revenue up 5%, and its Search business revenue up 47% from last year. Emerging & Other revenue was up 69% from last year. Reference Link
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FLR | Hot Stocks16:12 EST Fluor awarded position on U.S. GSA's multiple award schedule contract - Fluor Corporation announced that the U.S. General Services Administration awarded the company a position on the Multiple Award Schedule contract. The indefinite-delivery/indefinite-quantity contract has a 5-year base period with three 5-year option periods. As a company selected for a position on the contract, Fluor is now eligible to compete for task orders within the Facilities Category and the Professional Services Category of the GSA MAS. These categories include 10 unique Special Item Numbers that align with Fluor's top North American Industry Classification Systems spending profiles. "It is an honor to be selected to support the GSA and to help provide greater efficiency to federal government agencies," said Tom D'Agostino, president of Fluor's Mission Solutions business. "This award aligns with our strategy to expand our professional technical services capabilities and enables us to grow our expertise with existing customers as well as new federal government agencies. Fluor's position on this contract provides our customers with access to the company's innovative solutions."
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DCRN DCFC | Hot Stocks16:09 EST Decarbonization Plus Acquisition Corp. II approves Tritium combination - Decarbonization Plus Acquisition Corporation II's (DCRN) stockholders voted to approve the business combination with Tritium Holdings and all other proposals presented at DCRN's special meeting of stockholders on January 12. Approximately 96.6% of the votes cast and 58% of the outstanding shares of common stock of DCRN were in favor of approving the business combination proposal. The business combination is expected to close on January 13. The ordinary shares and warrants of Tritium, the going-forward public company, are expected to commence trading on the NASDAQ under the symbols "DCFC" and "DCFCW," respectively, on January 14. Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles.
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BFAM | Hot Stocks16:06 EST Bright Horizons, OneTen Coalition to partner on child care services - Bright Horizons "announced that it has partnered with OneTen - a coalition of business and education leaders committed to upskilling, hiring and promoting one million Black Americans over the next 10 years into family-sustaining jobs - to provide flexible family care services for those seeking career advancement through the initiative. In its first year, OneTen member companies have experienced an 89% retention rate and more than 20,000 hires and promotions for Black talent. This partnership is an extension of Bright Horizons' current role as a OneTen member and endorsed talent developer, leveraging its deep experience in creating pathways to help upskill the American workforce and help employers build career pathways for Black talent."
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ESTC | Hot Stocks16:05 EST Elastic promotes Ashutosh Kulkarni to CEO - Elastic announced the promotion of Ashutosh Kulkarni to CEO and his nomination to the Board of Directors. Kulkarni will succeed Founder and CEO Shay Banon, who reassumes the role of Chief Technology Officer, and will continue to serve on the Board of Directors. Banon, who served as CTO prior to being named CEO five years ago, stepped down from his role as Chairman of the Board. Chetan Puttagunta, currently Lead Independent Director, has been appointed Chairman.
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RGCO | Hot Stocks16:04 EST RGC Resources appoints Jason Field CFO and Treasurer - RGC Resources announced Jason Field joined the company January 10, and will be appointed Vice President, Chief Financial Officer and Treasurer. As a member of the Company's executive team, Mr. Field will lead Resources' Finance organization and will report to Paul Nester.
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PL | Hot Stocks16:01 EST Planet Labs to launch 44 SuperDove satellites on SpaceX's Falcon 9 rocket - Planet Labs PBC announced that the launch of their Flock 4x, consisting of 44 SuperDove satellites, will take place on Thursday, January 13th on SpaceX's Falcon 9 Transporter-3 SSO. This marks the first satellite launch under Planet's new multi-year, multi-launch rideshare agreement with SpaceX. Planet operates the world's largest constellation of Earth observation satellites; and with this launch, the company will have more than 240 satellites in orbit. Flock 4x is set to replenish their existing SuperDove fleet which makes up a portion of the larger constellation. "We are thrilled to be launching our latest flock with SpaceX. Their reliability and leadership in the launch market makes them a natural choice for this mission. Flock 4x will provide the PlanetScope constellation with the latest and strongest capabilities to help meet customer needs," said Planet CEO Will Marshall.
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GRUB | Hot Stocks15:47 EST Just Eat Takeaway reports Q4 orders up 14% to 273.7M - In a regulatory filing earlier, Just Eat Takeaway.com issued a trading update for the fourth quarter of 2021, reporting orders were up 14% year-over-year to 273.7M orders, delivery orders were up 32% year-over-year to 118.9M and Gross Transaction Value, or GTV, was up 17% year-over-year to EUR 7.3B. In the full year 2021, Just Eat Takeaway.com processed 1.1 billion orders, representing a 33% increase compared with 2020. Gross Transaction Value was EUR 28.2B for the full year of 2021, representing an increase of 31% compared with 2020. Jitse Groen, CEO of Just Eat Takeaway.com, said: "Following the merger of Just Eat and Takeaway.com nearly two years ago, we made significant investments to grow our leadership positions and the Company is now six times bigger in terms of orders. On the back of this success, we have markedly improved our adjusted EBITDA throughout the second half of 2021, and we will make further improvements this year. Meanwhile, we expect our market positions to strengthen further, driven by our superior network effects."
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MRNA | Hot Stocks14:42 EST Moderna expects to report COVID-19 data on vaccines in children 2-5 in March - Moderna issued the following statement: "The U.S. FDA requested additional participants at a given dose level in pediatric cohorts after the VRBPAC review of requirements for pediatric EUA on June 10, 2021, and Moderna complied at that time. Outside the United States, Moderna has received regulatory authorizations in Europe, UK, Australia, and Canada for adolescents 12-17 years of age, and has submitted applications for 6-11 years of age. In early December, Moderna also decided to evaluate the potential of lower doses to meet regulatory guidance for immunogenicity in children 6-11 years of age and in adolescents 12-17 years of age in our ongoing clinical trials. The company is also evaluating a booster dose in adolescents 12-17 years of age. The company is in the process of implementing those various protocol amendments. We expect to report data in children 2-5 years of age in March. If the data is supportive and subject to regulatory consultation, Moderna may proceed with regulatory filings for children 2-5 years of age thereafter."
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CNI... | Hot Stocks14:15 EST North American rail traffic dropped 17.4% in week ended January 8 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending January 8. For this week, total U.S. weekly rail traffic was 440,761 carloads and intermodal units, down 16% compared with the same week last year. Total carloads for the week ending January 8 were 210,020 carloads, down 10.6% compared with the same week in 2021, while U.S. weekly intermodal volume was 230,741 containers and trailers, down 20.4% compared to 2021. For the first week of 2022, U.S. railroads reported cumulative volume of 210,020 carloads, down 10.6% from the same point last year; and 230,741 intermodal units, down 20.4% from last year. Total combined U.S. traffic for the first week of 2022 was 440,761 carloads and intermodal units, a decrease of 16% compared to last year. North American rail volume for the week ending January 8, on 12 reporting U.S., Canadian and Mexican railroads totaled 288,324 carloads, down 13% compared with the same week last year, and 298,984 intermodal units, down 21.2% compared with last year. Total combined weekly rail traffic in North America was 587,308 carloads and intermodal units, down 17.4%. North American rail volume for the first week of 2022 was 587,308 carloads and intermodal units, down 17.4% compared with 2021. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), FreightCar America (RAIL),Trinity Industries (TRN) and Greenbrier (GBX). Reference Link
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PAHC | Hot Stocks14:03 EST Phibro Animal Health 'welcomes' FDA hearing on Mecadox - Phibro Animal Health reports that the Food and Drug Administration provided notice in the Federal Register of its intention to hold a public hearing regarding Mecadox, which the company said "has been approved and sold in the United States for 50 years and is a widely used treatment for controlling bacterial diseases in swine, including Salmonella and swine dysentery, resulting in improved health and welfare for newly born and young pigs." The hearing will be hosted by the FDA and will take place on March 10, said the company, which noted that the agency will be seeking data and information related to the safety of the product. "We welcome CVM's decision to hold this hearing and hope that the Agency will take stakeholder input into consideration, engaging with scientists, swine producers, and others regarding the safety and unique and unparalleled efficacy of carbadox for half a century. We understand FDA has put the 2020 Proposed Order on hold. We are confident that this hearing will affirm and support the continued safe use of carbadox in the market. In the event that following this hearing FDA continues to assert that the carbadox should be removed from the market, Phibro is entitled to and expects to have a full evidentiary hearing on the merits before an administrative law judge. Mecadox continues to be available for use by our customers. Phibro will continue to defend swine producers' ability to use Mecadox to protect the health and welfare of their animals and is confident that it will be able to reaffirm that the use of carbadox is safe as approved," stated in its press release announcing the Federal Register notice.
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NUE | Hot Stocks14:03 EST Nucor to build new sheet mill in Mason County, West Virginia - Nucor Corporation announced that it will build its new state-of-the-art sheet mill in Mason County, West Virginia. When fully operational, the new mill will employ approximately 800 full-time teammates, Nucor said in a statement. "Following a thorough process to determine the right location for our state-of-the-art, greenfield sheet mill, we are thrilled to make this significant investment in West Virginia and enhance our presence in this important region," said Leon Topalian, President and CEO.
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NUE | Hot Stocks14:02 EST Nucor to buidl new sheet mill in Mason County, West Virginia - Nucor Corporation announced that it will build its new state-of-the-art sheet mill in Mason County, West Virginia. When fully operational, the new mill will employ approximately 800 full-time teammates, Nucor said in a statement. "Following a thorough process to determine the right location for our state-of-the-art, greenfield sheet mill, we are thrilled to make this significant investment in West Virginia and enhance our presence in this important region," said Leon Topalian, President and CEO.
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ANIP | Hot Stocks12:44 EST FTC approves order settling charges over ANI acquisition of Novitium - Following a public comment period, the Federal Trade Commission has approved a final order settling charges that ANI Pharmaceuticals' acquisition of Novitium Pharma violated federal antitrust laws. The final order requires ANI and Novitium to divest ANI's rights and assets to generic SMX-TMP oral suspension and generic dexamethasone tablets to Prasco within 10 days after the acquisition is final. The final order also contains a prior approval provision that gives the Commission notice and approval rights for future related acquisitions in these markets. Reference Link
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VIAC... | Hot Stocks12:42 EST 2021 NFL season averaged 17.1M viewers - The National Football League said that the 2021 NFL regular season averaged 17.1M viewers (TV+Digital) - the highest regular season average since 2015 and up +10% vs. 2020. During the 2021 NFL regular season, NFL games ranked as the top 16, 48 of the top 50 and 91 of the top 100 telecasts on TV. Throughout the season, there were 370B total minutes consumed which is up +18% vs. 2020 and the second-highest total on record behind only 2015. For the first time, each NFL team played 17 regular season games, providing fans with an extra week of regular season NFL action. Companies that broadcast NFL games include ViacomCBS (VIACA), Fox (FOXA), Disney (DIS), and Comcast (CMCSA). Companies in the sports betting space include Accel Entertainment (ACEL), Bally's (BALY), Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Genius Sports (GENI), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), Rush Street Interactive (RSI), Scientific Games (SGMS), Score Media (SCR) and Wynn Resorts (WYNN). Reference Link
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SOFI MOGO | Hot Stocks12:18 EST Mogo appoints Allan Smith as CPO - Mogo (MOGO) announced the appointment of Allan Smith to the newly created role of Chief People Officer. Most recently, Smith served as Senior Director for fintech leader SoFi (NASDAQ:SOFI), where he led the people function across SoFi International (SOFI) and its subsidiary Galileo.
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VLRS | Hot Stocks12:01 EST Volaris transported 2.6M passengers in December - Volaris reports its December 2021 preliminary traffic results. In December 2021, passenger demand in the domestic Mexican and international markets for Volaris increased 34.9% and 10.8%, respectively, as compared to December 2019. The company said it capitalized on the strong market demand to add capacity, both domestically and internationally, while maintaining a high load factor. In December 2021, Volaris transported 2.6 million passengers, 31% higher than the pre-pandemic levels. Volaris said: "For the first quarter 2022, the capacity we currently have 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. However, as we have demonstrated since the beginning of the pandemic, we will continue to actively manage capacity and will react accordingly if we observe a deterioration in demand in our markets associated with the omicron variant."
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SSU | Hot Stocks12:00 EST SIGNA Sports United falls -12.2% - SIGNA Sports United is down -12.2%, or -$1.07 to $7.67.
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NTP | Hot Stocks12:00 EST Nam Tai Property falls -15.0% - Nam Tai Property is down -15.0%, or -$1.73 to $9.80.
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PHG | Hot Stocks12:00 EST Philips falls -15.7% - Philips is down -15.7%, or -$6.07 to $32.70.
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UNG | Hot Stocks12:00 EST United States Natural Gas Fund rises 11.7% - United States Natural Gas Fund is up 11.7%, or $1.64 to $15.71.
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PL | Hot Stocks12:00 EST Planet Labs rises 15.1% - Planet Labs is up 15.1%, or 85c to $6.49.
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FATH | Hot Stocks12:00 EST Fathom rises 27.5% - Fathom is up 27.5%, or $1.46 to $6.77.
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NTDOY | Hot Stocks11:45 EST Nintendo says new 'Kirby' game on Switch out March 25, 2022 - Nintendo said that its upcoming 3D adventure title "Kirby and the Forgotten Land" will launch on Nintendo Switch consoles on March 25, 2022. Reference Link
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CFVI | Hot Stocks11:45 EST Rumble announces 'new highs' for January 3-9 user engagement - Online video platform Rumble announced on Tuesday that it reached new highs for user engagement during the week of January 3rd to 9th, 2022. The company posted record weekly video bandwidth consumption and also saw the most-ever videos uploaded to the platform in a week, it said in a blog post."These records come on the heels of multiple announcements from last week, including the decision by Senator Rand Paul to drop YouTube in favor of Rumble and the announcement by Matt Kohrs, a popular financial livestreaming voice and one of the largest creators by Super Chat revenue on YouTube, to make Rumble and Locals his preferred platforms." Reference Link
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MMC | Hot Stocks11:02 EST AMBA to acquire Mercer's Associations business, terms not disclosed - Association Member Benefits Advisors announced that it has reached an agreement to acquire Mercer's Associations business. This acquisition is an important milestone in fueling AMBA's next chapter of growth and will expand the company's ability to serve associations and clients across the country. Mercer's Associations business is a leading provider of end-to-end insurance marketing, distribution, and administration services to association groups such as retired teachers, educators, credit unions and public employees across the US. The acquisition is expected to close Q2 2022. This agreement will broaden product offerings, enhance carrier relationships and strengthen the ability for associations to thrive and gain relevancy in the industry by adding valued benefits, increasing membership and retaining members. Both organizations have created an attractive portfolio of products to access a variety of coverages and substantial claim support. AMBA's clients will have access to key products including long-term care, short-term care, supplemental health, emergency medical transportation, dental, vision, Medicare, annuities, life, disability, AD&D professional liability, and personal home and auto.
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SAFT | Hot Stocks10:48 EST Safety announces board refreshment, corporate governance enhancement plan - Safety Insurance Group announced its latest measures as part of its ongoing board refreshment and corporate governance enhancement plan being implemented by Safety's Board of Directors: Increasing the size of the board from six to seven members, Continuation of our board refreshment and corporate governance enhancement plan with an ongoing search for highly qualified director nominees, Appointment of a lead independent director, Appointment of a new chair to the Nominating and Governance Committee, and Adoption of three-year term limits for the chairperson role of the key board committees. As part of a thorough review of board refreshment best practices and policies that began over three years ago, the Board unanimously approved the increase in the number of board seats from six to seven. Starting in August 2021, the Board has been evaluating highly qualified independent nominees and expects to be able to make an announcement with an update on board refreshment prior to the 2022 annual meeting. The Board will present its recommended slate of director nominees in the proxy materials that will be filed with the Securities and Exchange Commission and distributed to stockholders. The Board has appointed Thalia Meehan to the newly created role of Lead Independent Director. The Board has adopted three-year term limits for chairperson of the three key board committees, which will apply to the current chairs as follows: Mary Moran has assumed the chair of the Nominating and Governance Committee for a term that will end at the 2025 annual shareholder meeting; Thalia Meehan's term as chair of the Compensation Committee will end at the 2024 annual shareholder meeting; and Peter Manning's term as chair of the Audit Committee will end at the 2023 annual shareholder meeting. The Company expects to announce its fourth quarter and year end 2021 financial results during the last week of February. The Company's 2022 annual meeting of stockolders has not yet been scheduled, and stockholders are not required to take any action at this time.
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GP | Hot Stocks10:04 EST GreenPower Motor to manufacture zero-emission, electric school buses in West VA - GreenPower Motor Company has entered into a lease/purchase agreement for a manufacturing facility in South Charleston, West Virginia, for the purpose of manufacturing zero-emission, all-electric school buses. As part of the agreement, the state of West Virginia has committed to purchase a minimum of $15M of GreenPower vehicles produced at the facility. GreenPower has entered into a lease/purchase agreement with the state of West Virginia to acquire properties located in South Charleston, West Virginia totaling 9.5 acres and an 80,000 square foot building. The terms of the lease require no cash up front and monthly lease payments begin nine months after production begins. All lease payments will be applied in full to the purchase of the property. GreenPower plans to begin manufacturing zero-emission, all-electric school buses in the facility by the second half of 2022. The state will provide up to $3.5M in employment incentive payments to GreenPower for jobs created in the State as production increases over time. Title to the properties will be transferred to GreenPower once total lease and incentive payments reach $6.7M.
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KHC BUD | Hot Stocks10:03 EST Kraft Heinz appoints North America Zone chief strategy, transformation office - The Kraft Heinz Company (KHC) announced the appointment of Dafne Hefner to the newly created role of Chief Strategy & Transformation Officer - North America Zone, effective Jan. 18, 2022. Hefner is being hired to help accelerate the strategic growth plan in the Company's U.S. and Canada businesses, including the broader deployment of Agile teams and a North America Zone digital agenda. Hefner joins Kraft Heinz from Anheuser-Busch InBev SA/NV (BUD), where she most recently served as Senior Vice President of Strategy & Insights.
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IHRT RBLX | Hot Stocks10:02 EST iHeartMedia announces creation of events on Roblox, expand into metaverse - iHeartMedia (IHRT) announced plans for the creation of iHeart events and experiences for listeners and music fans on Roblox (RBLX) and committing to launch tokenized communities for its users and creators. "Although there are a number of great new products for the metaverse and web3 from a wide array of creators, with our unparalleled audience reach, multiple platforms, and our trusted broadcast and podcast hosts, iHeartMedia is uniquely positioned to build the consumer awareness, understanding and demand necessary for those new products and platforms from both us and others to succeed," said Bob Pittman, Chairman and CEO of iHeartMedia, Inc. "We see this as a unique opportunity to serve our listeners' needs, provide an important new layer of growth for the company, and help develop the advertising and consumer potential for the metaverse and web3." As part of this overall strategy, in 2022 iHeartMedia plans to bring immersive musical moments to the over 47M daily active users on the Roblox platform and launch its first tokenized community.
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IZEA | Hot Stocks10:01 EST Izea awarded $1.7M managed services contract - Izea announced that it has been awarded a $1.7M Managed Services contract by a leading provider of online educational services, an existing client of the company. IZEA's network of creators will be producing custom content to increase brand exposure and traffic for the company. The contract was awarded in January and the program will run throughout the calendar year.
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NSR | Hot Stocks10:00 EST Nomad Royalty falls -8.9% - Nomad Royalty is down -8.9%, or -71c to $7.26.
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NTP | Hot Stocks10:00 EST Nam Tai Property falls -10.4% - Nam Tai Property is down -10.4%, or -$1.20 to $10.33.
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PHG | Hot Stocks10:00 EST Philips falls -14.8% - Philips is down -14.8%, or -$5.74 to $33.03.
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ZEN MNTV | Hot Stocks10:00 EST Zendesk holder Janus Henderson 'gravely concerned' about Momentive deal - Janus Henderson last night disclosed a letter sent to the board of Zendesk (ZEN), which stated in part: "We engaged in an open dialogue with Zendesk management and the Board of Directors over the past two months since the announcement of the proposed acquisition of Momentiv, on October 28, 2021. We are especially grateful for the BoD engagement and willingness to discuss our concerns. Our multiple conversations suggest there is an understanding of shareholder concern and respect given to shareholders. However we are writing this letter to share our concerns in hopes of continued dialogue and understanding of our position...We believe we speak from a perspective of deep understanding of customer service, customer experience and interaction. From that perspective, we question the strategic, tactical, and financial rationale to the proposed deal: We do not think there is a strategic advantage for ZEN to own MNTV...We are gravely concerned about the strategic, tactical, and financial rationale of this proposed deal. We think the company should instead renew its focus on executing on the ZEN standalone business. We are writing this letter to ensure both management and the Board of Directors fully understand our stance. While we appreciate the dialogue with both management and the Board of Directors, we hope to continue this dialogue in an effort to ensure the best possible outcome for Zendesk shareholders." Janus Henderson owns 4.94% of Zendesk's outstanding shares, according to Bloomberg.
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DQ | Hot Stocks10:00 EST Daqo New Energy rises 8.5% - Daqo New Energy is up 8.5%, or $3.37 to $42.97.
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SONX | Hot Stocks10:00 EST Sonendo rises 11.1% - Sonendo is up 11.1%, or 75c to $7.50.
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FATH | Hot Stocks10:00 EST Fathom rises 27.7% - Fathom is up 27.7%, or $1.47 to $6.78.
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INOD | Hot Stocks10:00 EST Fortune 500 insurance company expands scope of services with Innodata - Innodata announced that a Fortune 500 insurance company has expanded its scope of services with Innodata to support its medical record predictive model development. The expansion adds approximately $700,000 of anticipated one-time revenue to the revenue estimates previously announced on September 15, 2021 of approximately $3M of one-time revenue and $800,000 per year of ongoing annual revenue.
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SVFD | Hot Stocks09:54 EST Save Foods appoints Mia Serra as CMO - Save Foods announced its Israeli subsidiary, Save Foods Ltd., has hired Mia Serra as its new Chief Marketing Officer. The addition of a marketing, IR & PR executive comes as Save Foods prepares to ramp up worldwide distribution of its product that dramatically reduces food waste and increases produce shelf life. Mia brings more than 15 years of marketing experience to Save Foods, where she will be in charge of brand strategy and all marketing communications. She will also be involved in the Company's investor and public relations programs, providing timely insights into the Company's progress and sharing important milestone with investors. Mia has extensive experience in B2C and B2B marketing, most recently as Senior Marketing Manager at MyHeritage and CMO of AgriTech company Tomgrow.
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NSR | Hot Stocks09:47 EST Nomad Royalty falls -8.7% - Nomad Royalty is down -8.7%, or -69c to $7.28.
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NTP | Hot Stocks09:47 EST Nam Tai Property falls -13.3% - Nam Tai Property is down -13.3%, or -$1.53 to $10.00.
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PHG | Hot Stocks09:47 EST Philips falls -14.6% - Philips is down -14.6%, or -$5.67 to $33.10.
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UNG | Hot Stocks09:47 EST United States Natural Gas Fund rises 8.2% - United States Natural Gas Fund is up 8.2%, or $1.15 to $15.22.
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PL | Hot Stocks09:47 EST Planet Labs rises 9.6% - Planet Labs is up 9.6%, or 54c to $6.18.
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HUDI | Hot Stocks09:47 EST Huadi International Group Company Ltd trading resumes
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FATH | Hot Stocks09:47 EST Fathom rises 17.9% - Fathom is up 17.9%, or 95c to $6.26.
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HUDI | Hot Stocks09:42 EST Huadi International Group Company Ltd trading halted, volatility trading pause
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VINE | Hot Stocks09:42 EST VINE Stock trading resumes
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RNGTF | Hot Stocks09:39 EST Osisko Development announces drilling results from Cariboo project - Osisko Development earlier announced drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project in central British Columbia, noting that a total of 28,000 meters were drilled in 92 holes at Lowhee Zone on Barkerville Mountain in 2021. Sean Roosen, CEO of Osisko Development commented, "The results from these 29 holes continue to add confidence within our ongoing mineral resource estimate to support the upcoming feasibility study. Multiple mineralized vein corridors in every hole shows how robust the gold system is at Lowhee."
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FATH | Hot Stocks09:39 EST Altimar Acquisition Corp trading resumes
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LSPD | Hot Stocks09:38 EST Lightspeed: U.S. based retail customers saw same-store GTV up 35% in 2021 - Lightspeed Commerce earlier released new data that shows U.S.-based Lightspeed merchants in both retail and hospitality outperformed their peers in 2021. The data compares the gross transaction volume of global Lightspeed locations that were fully operational for the period of January 1st until December 31st in both calendar 2020 and 2021. Within this customer cohort, U.S.-based Lightspeed retail customers saw Same-Store GTV grow 35% in 2021 compared to 2020, versus the industry average sales growth of 18%. U.S.-based Lightspeed hospitality customers saw Same-Store GTV increase 52% versus the industry average sales growth of 31% for the same period. "With all of the uncertainty surrounding the ongoing pandemic and supply chain disruptions, we are thrilled to see our customers continue to thrive and grow in 2021," said Lightspeed President JP Chauvet. Lightspeed shares are up nearly 5% to $40.16.
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IMNM | Hot Stocks09:37 EST Immunome trading resumes
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VINE | Hot Stocks09:36 EST Fresh Vine partners with CRAVE American Kitchen & Sushi Bar - Fresh Vine Wine announced a partnership with CRAVE American Kitchen & Sushi Bar as the premium wine pairing with special lunch and dinner menus rolling out to all twelve CRAVE locations based in Minnesota, Iowa, North and South Dakota, including a location in Mall of America. Kaskaid Hospitality owns and operates twelve CRAVE American Kitchen & Sushi Bar restaurant locations nationwide. The Fresh Vine Wine premium lower carb, lower sugar and calorie varietals are to be paired with the American eclectic menu offered by CRAVE include the bestselling Chardonnay and Cabernet Sauvignon.
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FATH | Hot Stocks09:35 EST Altimar Acquisition Corp trading halted, volatility trading pause
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IMNM | Hot Stocks09:34 EST Immunome trading halted, volatility trading pause
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VINE | Hot Stocks09:34 EST VINE Stock trading halted, volatility trading pause
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RGRX | Hot Stocks09:34 EST RegeneRx announces HLB's upcoming pre-BLA meeting with FDA for RGN-259 - RegeneRx Biopharmaceuticals has posted information released by HLB Therapeutics in Korea pursuant to the upcoming pre-BLA meeting with the FDA. HLB recently acquired GtreeBNT and is RegeneRx's U.S. joint venture partner developing RGN-259 for the treatment of ophthalmic injuries and disorders, including dry eye syndrome and neurotrophic keratitis. The following is a translation by HLB of its press release, with some minor language modifications by RegeneRx: HLB announced that its plan for the pre-BLA meeting with FDA is well underway as expected in relation to its new drug for dry eye treatment, which is being developed by its U.S. subsidiary ReGenTree. The company completed its third Phase-3 clinical trial last year and will hold a meeting with the FDA on February 28 to discuss the contents and validity of the BLA application before submission to FDA. For this meeting, HLB Therapeutics team is working very hard to prepare a pre-BLA meeting package which will include an overview of clinical data as well as non-clinical, manufacturing, and quality of drug, and then it will be submitted to the FDA 30 days before the meeting. Recently, the Company retained Dr. Stephen C. Pflugfelder, an ophthalmologist and Key Opinion Leader in the US, especially in the ocular surface space, to review the clinical summary parts in the pre-BLA package, and he gave positive feedback to the company. According to his comments, 'The design and outcomes from ReGenTree's Phase 3 clinical trials so far were well described. The pooled data from the three Phase 3 trials that enrolled almost 1000 subjects demonstrates that RGN-259 improves dry eye signs and symptoms as well as its safety and tolerability. The FDA has already well-recognized that it would be very difficult to demonstrate dry eye symptom and sign efficacy in a single clinical trial, hence, it is anticipated they may be willing to evaluatethe RGN-259 clinical data package on a data totality basis'.
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VAXX | Hot Stocks09:24 EST Vaxxinity announces first patient dosed in Part B Phase 1 trial of UB-312 - Vaxxinity announced that the first patient with Parkinson's disease has been dosed with UB-312 in Part B of a double-blinded, placebo-controlled Phase 1 clinical trial, following completion of Part A of the Phase 1 trial in healthy volunteers. UB-312 is a synthetic peptide vaccine targeting toxic forms of aggregated alpha-synuclein, a protein that plays a central role in synaptic functions and regulation of neurotransmitter release at the synapse. Mutations of aSyn increase the risk of developing PD and other synucleinopathies, including dementia with Lewy bodies as well as multiple system atrophy. UB-312 was granted an orphan designation for MSA by the European Medical Agency. The study is enrolling up to 20 patients with PD, Hoehn and Yahr stage less than or equal to III, at the Center for Human Drug Research in the Netherlands. Patients will be enrolled in one of two dosing cohorts with the primary objectives of safety and immunogenicity. The study will also assess exploratory biomarker endpoints for target engagement including Protein Misfolding Cyclic Amplification, supported by a grant from the Michael J. Fox Foundation, and in collaboration with Mayo Clinic and University of Texas.
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KR | Hot Stocks09:18 EST Kroger and Nuro expand collaboration for autonomous vehicle delivery service - Kroger and Nuro, an autonomous vehicle company, expanded their collaboration leveraging autonomous vehicles with the introduction of Nuro's third-generation autonomous delivery vehicle. Kroger collaborates with Nuro to use third-generation vehicle in grocery delivery. In 2018, Kroger and Nuro announced a partnership to deliver fresh groceries with all-electric, autonomous vehicles. Leveraging Nuro's new third-generation vehicles, Kroger will continue to grow its digital offerings in Houston.
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MTBC | Hot Stocks09:16 EST CareCloud announces release of PrecisionBI version 7 - CareCloud announced the release of PrecisionBI version 7, which represents a fundamental platform upgrade to support existing clients and drive additional growth. With this release, PBI - CareCloud's healthcare analytics and business intelligence platform - is now fully cloud-based, far more scalable, and both browser and platform agnostic.
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NXGL | Hot Stocks09:11 EST NexGel announces launch of Medagel ClearComfort Hydrogel Patch - NexGel announced the launch of its Medagel ClearComfort Hydrogel Patch. "The dynamic MEDAGEL ClearComfort Hydrogel Patches are available in a variety of shapes, including a customizable sheet that allows consumers to cut and create a perfect fit for their specific shoe needs. These patches are ideal for high-end footwear and will not leave a sticky residue on the shoe like other products. Additionally, the clear gel backing is not visible on any skin tone," the company said. "The launch of our MEDAGEL ClearComfort Hydrogel Patches signifies our latest advancement within our MEDAGEL product portfolio, addressing an issue that affects millions of consumers around the world," added Adam Levy, CEO of NexGel.
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DAR | Hot Stocks09:11 EST Darling Ingredients' Rousselot brand partners with TIBI - Darling Ingredients announced that its Rousselot Health brand has partnered with the Terasaki Institute for Biomedical Innovation, a California-based research institute focused on regenerative medicine. Through this strategic partnership, Rousselot and TIBI will collaborate on the development of gelatin-based therapies and their translation to the clinic. Rousselot will supply TIBI with X-Pure modified gelatins such as X-Pure GelMA, while exchanging insights on the behavior of gelatin in the institute's research and clinical trials. The partnership is effective from January 1st, 2022 and will have an initial duration of two years, fostering a close collaboration between TIBI's experts and Rousselot's experts in collagen- and gelatin-based biomaterials.
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TRU | Hot Stocks09:11 EST TransUnion, Spring Labs bring credit data to public blockchain networks - Off-chain credit data from TransUnion will be made available on public blockchain networks via Spring Labs' ky0x Digital Passport. "The move enables better-informed, privacy-preserving DeFi and Web3 applications , unlocking a new world of permissioned and reputation-based products and features," the company said. Ky0x Digital Passport allows users to provide information about themselves in order to access permissioned smart contract applications while preserving the privacy of their off-chain identity. With access to ky0x's Digital Passport's data, DeFi and Web3 applications can build "increasingly competitive financial products that only ky0x's open and continuously growing system can enable," the company added. "We believe in the growth potential of DeFi. Providing credit and identity data on-chain is a huge step towards improving the financial products available in the space. Working with Spring's ky0x, we now have a solution for users to control and share their data on blockchain in a privacy-preserving way, enabling them to safely interact with a broader set of financial products." - Steve Chaouki, President of U.S. Markets and Consumer Interactive at TransUnion
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AMD AMZN | Hot Stocks09:10 EST AMD announces AWS expands AMD EPYC processor-based offerings - AMD announced Amazon Web Services has expanded its AMD EPYC processor-based offerings with the general availability of the new Amazon EC2 Hpc6a instances, which are purpose-built for high performance computing workloads in the cloud. According to AWS, Amazon EC2 Hpc6a instances deliver up to 65 percent better price-performance compared to similar Amazon EC2 instances. Hpc6a will help customers run their most compute-intensive HPC workloads like, genomics, computational fluid dynamics, weather forecasting, financial risk modeling, EDA for semiconductor design, computer-aided engineering, and seismic imaging.
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HII | Hot Stocks09:09 EST Huntington Ingalls achieves light-off milestone aboard Jack H. Lucas - Huntington Ingalls Industries' Ingalls Shipbuilding division recently achieved the Aegis light-off milestone on the Navy's first Flight III Arleigh Burke-class guided missile destroyer Jack H. Lucas (DDG 125). This milestone marks the beginning of combat system testing as shipbuilders ready the ship for propulsion tests and eventually sea trials.
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VICR | Hot Stocks09:08 EST Vicor appoints Joshi as Global Automotive Segment Director - Vicor announced the appointment of Chinmaya Joshi as Global Automotive Segment Director. Chinmaya joins Vicor from the Jaguar Land Rover group where he served as a Senior Manager for powertrain power electronics. Joshi's primary role at Vicor will be to support the expansion of the OEM customer base, tier-one suppliers and automotive system partners through high-density modular solutions for electrification.
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FFIC | Hot Stocks09:06 EST Flushing Financial to eliminate overdraft, transfer fees on checking accounts - Flushing Financial Corporation, the parent holding company for Flushing Bank, announced its plan to eliminate overdraft, insufficient funds, and transfer fees on consumer checking accounts for its Flushing Bank, iGObanking, and BankPurely customers. John Buran stated, "Our business model is based on building relationships with existing and new customers in the communities we serve. We recognize that our customers have a choice on where to establish their banking relationship and are looking for incremental value from that relationship beyond the basic products and services that most banks offer. Eliminating these fees is one way we can demonstrate our value to our customers and reward them with something tangible that they may not be offered at some other financial institutions."
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OSCR | Hot Stocks09:06 EST Oscar Health hires Ranmali Bopitiya as Chief Legal Officer - Oscar Health announced that it has hired Ranmali Bopitiya as its new Chief Legal Officer, effective January 31, . Ranmali will serve on Oscar's leadership team and will report to Chief Executive Officer and co-founder, Mario Schlosser. "Having spent close to two decades in healthcare, Ranmali brings a depth of experience that will support our work at Oscar as we continue to grow and innovate," said Mario Schlosser, CEO and co-founder at Oscar. "Her passion for improving access to high quality, affordable healthcare makes her a natural fit for Oscar and we are thrilled to bring on a new leader who will undoubtedly advocate for our mission." Ranmali joins Oscar from Everside Health, one of the largest Comments taken from Q earnings conference call.
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AYI MSFT | Hot Stocks09:06 EST Acuity Brands expanding collaboration with Microsoft - Acuity Brands (AYI) announced it is expanding its collaboration with Microsoft (MSFT) to bring new capabilities to Acuity Brands smart lighting, lighting controls, and building automation solutions. By combining the power of Microsoft's Cloud for Sustainability and Microsoft Azure IoT with Acuity Brands customer solutions, Acuity Brands and Microsoft will jointly enable end customers, operating many types of facilities and buildings, to forecast and calculate the environmental and financial impacts that these new lighting and building management technologies deliver. "We estimate that building operations contribute 28% of global carbon emissions. By developing, deploying, and operating building systems with a focus on sustainability, we can materially reduce energy usage from facilities," said Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands. "Together with Microsoft, our goal is to integrate foundational technologies like Microsoft Azure IoT and AI with Acuity Brands solutions that allow companies to reduce carbon emissions while saving money on operating expenses."
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BA RTX | Hot Stocks09:05 EST Boeing selects Collins as next-generation lavatory supplier for 737 family - The Boeing Company (BA) has selected Collins Aerospace, a Raytheon Technologies (RTX) business to be the long-term provider of next-generation lavatories for the 737 family of aircraft. The new lavatory incorporates a modular design and customization opportunities for trim, finish and lighting and includes touchless functionality, the latest micro-LED lighting technology and a centralized computing system to optimize the passenger experience, improve airline operability and help pave the way for future technology integration. The next-generation lavatory is expected to be available on new 737 airplanes beginning in 2025, with installation available in 12 separate airplane locations and several different lavatory variations to choose from, including an accessible lavatory for passengers of all mobilities.
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COUP HSBC | Hot Stocks09:04 EST Coupa Software to offer HSBC virtual cards to European businesses - Coupa Software (COUP) announced a strategic collaboration with HSBC (HSBC) under its Coupa Pay offering. Commencing with virtual cards, the collaboration will provide European companies with access to a fast, seamless, and secure way to manage payments as part of their comprehensive Business Spend Management strategy.
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TBLA | Hot Stocks09:03 EST Taboola renews long-term contract with Siamsport.co.th - Taboola announced a renewal of its long-term partnership with Siamsport.co.th, Thailand's largest sports website, under Siam Sports Syndicate Public Company Limited. The deal marks a decade in partnership between Taboola and Siamsport.co.th. Siamsport.co.th continues to use Taboola technology to power content recommendations on its sports destination, including Taboola Feed. The publisher will also begin testing Taboola's e-commerce offerings through its recent acquisition of Connexity, to enhance its revenue growth strategy as well. Adam Singolda, CEO and founder, Taboola, said, "Siam Sports has built a strong legacy in providing comprehensive sports coverage for a large reader base in Thailand. Over our mutual decade-long partnership, they have shown real innovation in adopting new ways to grow, through recommendations, and most recently testing e-commerce solutions. We look forward to continuing to grow together."
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ABT | Hot Stocks09:02 EST Abbott granted FDA clearance for EnSite X EP cardiac mapping system - Abbott has received clearance from the FDA for the EnSite X EP System with EnSite Omnipolar Technology, a new cardiac mapping platform available in the U.S. and across Europe that is designed to help physicians better treat abnormal heart rhythms, also known as cardiac arrhythmias. The system creates detailed three-dimensional maps of the heart to help physicians identify and then treat areas of the heart where abnormal rhythms originate.
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HUN | Hot Stocks09:02 EST Starboard nominates four director candidates for election to Huntsman board - Starboard Value, one of the largest shareholders of Huntsman, with an ownership interest of approximately 8.6% of the company's outstanding shares, announced that it has nominated a slate of four highly qualified director candidates for election to the Huntsman Board of Directors at the company's 2022 Annual Meeting of Shareholders. Starboard also announced that it has delivered a letter to Peter Huntsman, CEO and Chairman of the Board, with a copy to the company's board. Reference Link
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ZM | Hot Stocks09:02 EST Zoom Video announces Work Transformation Summit - Zoom Video Communications announced its first Work Transformation Summit that will provide actionable insights to help businesses navigate what the transformation and future of work means as we move into another year of powerful growth and change. Additionally, the Work Transformation Summit will offer several interactive opportunities for business leaders to learn how to create a successful remote, hybrid, or in-person working environment moving forward. The half-day, virtual-only event scheduled for January 19, 2022, will feature industry-leading guest speakers, including Donna Morris, Chief People Officer at Walmart; Jim Harter, Chief Scientist for Gallup's workplace management practice; Becky Cantieri, Chief People Officer at Momentive; Daisy Auger-Dominguez, Chief People Officer at VICE Media Group; as well as several executives from Zoom, including an opening keynote address from Chief Executive Officer, Eric S. Yuan.
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OB | Hot Stocks09:02 EST Outbrain partners with Vivo to provide recommendations across browser newsfeeds - Outbrain announces an agreement with Vivo, a global technology company, to power Vivo's browser newsfeed with native content. Vivo will utilize Outbrain's OB News, which relies on content from Outbrain's publisher network and allows partners to tap into a stream of editorial content from these sites at no extra cost alongside trusted native monetization. "We continue to work with top-tier OEMs to be the premier business partner in the industry," says Stephanie Himoff, VP of Publishers at Outbrain. "Utilizing our best-in-class recommendation technology, such as OB News, to help partners optimize their engagement and monetization journey is something we continue to pride ourselves in as we work with Vivo to put our recommendations in front of audiences across the world."
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EGHT | Hot Stocks09:02 EST 8x8 appoints Stephanie Garcia as chief human resources officer - 8x8 announced the appointment of Stephanie Garcia as chief human resources officer, reporting to CEO Dave Sipes. Garcia, a human resources executive with experience at several technology companies, will be responsible for the HR organization and expanding the company's team first culture as it enters its next phase of growth. She was most recently the chief people officer of Real Chemistry, a global health innovation company.
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JOBS | Hot Stocks09:00 EST 51Job trading resumes
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ITRI | Hot Stocks08:51 EST Itron signs contract to deploy Temetra - Itron announced that it signed a contract to deploy Temetra, Itron's next generation meter data collection and management solution for the Electricity Supply Board's networks company to optimize operations and improve meter data management for Ireland's distribution network operator. ESB Networks will begin deploying Temetra in 2022 in conjunction with its Smart Metering Program for the roll out of smart meters across Ireland as part of the National Climate Action Plan. With Temetra, the utility will be equipped to efficiently read 1.75M meters across ESB Networks' service territory.
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NBTB | Hot Stocks08:46 EST NBT Bancorp launches NBT iSelect Account - NBT Bank is now offering the NBT iSelect Account, certified by the national Cities for Financial Empowerment Fund as meeting the Bank On National Account Standards. In addition to no monthly charges for maintenance, inactivity or dormancy, no overdraft fees and no minimum balance requirement, the NBT iSelect Account is an ideal choice for those who have no banking history or are struggling to maintain a checking account. NBT iSelect Account holders will also have access to an NBT Bank debit card and digital banking services.
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CXBMF FIOGF | Hot Stocks08:45 EST Calibre Mining completes acquisition of Fiore Gold - Calibre Mining Corp. (CXBMF) and Fiore Gold (FIOGF) are pleased to announce the successful completion of the previously announced transaction pursuant to which, among other things, Calibre acquired all of the issued and outstanding common shares of Fiore pursuant to a court-approved plan of arrangement. Pursuant to the Arrangement, former Fiore shareholders received 0.994 of a Calibre common share and a cash payment of C$0.10 in exchange for each Fiore Share held. As a result of the Arrangement, Calibre issued an aggregate of 101,321,923 Calibre Shares and made an aggregate cash payment of approximately C$10.2 million. Upon closing of the Arrangement, existing Calibre and former Fiore shareholders own approximately 77% and 23% of the issued and outstanding Calibre Shares, respectively. As a result of the Arrangement, Calibre acquired a 100% interest in Fiore's operating Pan Gold Mine, adjacent advanced-stage Gold Rock Project and the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project in Washington State. Delisting of the Fiore Shares Calibre intends to cause Fiore to delist the Fiore Shares from the TSX Venture Exchange, to submit an application to cease to be a reporting issuer and to otherwise terminate its public company reporting requirements as soon as possible thereafter. The Calibre Shares issued under the Arrangement are expected to be listed and posted for trading on the Toronto Stock Exchange.
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LIXT | Hot Stocks08:45 EST Lixte Biotechnology announces filing of patent application on LB-100 - Lixte Biotechnology reported that its the recent collaboration with the Netherlands Cancer Institute, NKI, Amsterdam and Stichting Oncode Institute, Utrecht has led to an initial joint patent application covering LB-100 combination therapy with one of several other investigational compounds. Lixte, NKI and Oncode Institute believe that the combination therapy would provide unexpectedly strong synergistic anti-cancer effects in cancer patients. John Kovach, MD, the founder and CEO of Lixte, commented "The new findings support the hypothesis advanced by Professor Bernards at the NKI (Dias and Bernards, Mol Onc, 2021) that rather than the usual therapeutic approach to cancer - inhibiting overactive pathways that drive cancer growth - further stimulation of those pathways can overwhelm the cancer cells, rendering them exceptionally vulnerable to particular stress-targeted drugs, while sparing the normal cells. This 'paradoxical intervention' is truly groundbreaking and may be applicable to a broad range of cancers."
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RXDX | Hot Stocks08:44 EST Prometheus provides corporate updates at JP Morgan Healthcare Conference - Prometheus Biosciences announced that management will discuss the following updates at the 40th Annual J.P. Morgan Healthcare Conference. Fast Track Designation: The US FDA has granted Fast Track Designation for Prometheus' lead therapeutic candidate, PRA023, for the treatment of Systemic Sclerosis-Associated Interstitial Lung Disease. The Company plans to initiate patient enrollment in ATHENA-SSc-ILD in the first quarter of 2022. ATHENA-SSc-ILD is a placebo-controlled Phase 2 trial of PRA023 in SSc-ILD, with anticipated enrollment of approximately 100 patients who will be randomized 1:1 to either the active or placebo arm. New Patent Granted: The U.S. Patent and Trademark Office has granted a U.S. patent to Prometheus covering its companion diagnostic technology. US Patent No. 11,136,386 B2 covers claims directed to methods of treating Crohn's disease or ulcerative colitis by administering inhibitors of tumor necrosis factor-like cytokine 1A to patients selected by a defined companion diagnostic test. This newly granted patent reinforces Prometheus' precision approach and extends the Company's patent coverage of its PRA023 companion diagnostic into 2040.
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PALT | Hot Stocks08:44 EST Paltalk rolls out content moderation software - Paltalk is pleased to announce the integration of Hive Automated Content Moderation Solutions into its Paltalk and Camfrog platforms. Paltalk is taking the next step to ensure a safe experience for its users by cracking down on spam and objectionable content. Hive uses powerful AI to detect offensive video, audio, and text through online content moderation. Through the Hive software, Paltalk will screen user-generated content in its video chat rooms. Paltalk will also leverage the text moderation feature of the Hive software platform to moderate its new "Paltalk Feed" feature to ensure it is being utilized safely. Paltalk expects to detect content across multiple model classes in 16 languages, including profanity, NSFW, personal data, drugs, sexual, violence, cyberbullying, hate, and spam. From the Hive dashboard, Paltalk administrators will be able to adjust the parameters of the AI to detect objectionable content of images, gifs, memes, videos, WEBP, speech-to-text audio, text strings, and text in images. The Company hopes that the powerful new tool will help curate a clean and positive user experience and ensure the Paltalk community is contributing content safe for everyone. Camfrog is currently using Hive and Paltalk is expected to be fully integrated with Hive by the end of the month.
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SLRC | Hot Stocks08:42 EST SLR Investment issues $135M of five-year 3.33% senior unsecured notes - SLR Investment reported it has issued $135 million of 3.3% senior unsecured notes due January 2027 in a private placement. Interest on the Notes will be payable semi-annually. The proceeds will initially be used to reduce outstanding borrowings under the Company's revolving credit facility before funding investments and general corporate purposes. "Through this $135 million issuance, together with the $50 million of senior unsecured notes issued in Q3 2021, we have lowered the Company's long-term average unsecured financing rate. The $185 million of senior unsecured notes, due 2027, have a weighted average annual interest rate of 3.2%, a significant reduction from the 4.5% weighted average annual interest rate on the $150 million of senior unsecured notes maturing in Q2 2022," said Michael Gross, Co-CEO of SLR Investment Corp.
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PROC | Hot Stocks08:42 EST Procaps Group to buy 86,000 sq. ft. pharmaceutical Florida production facility - Procaps Group announced the closing of an asset purchase agreement to acquire an 86,000 sq. ft. pharmaceutical production facility located in West Palm Beach, Florida with production capacity of approximately 1.8B capsules per year for its iCDMO business unit, and is expected to increase Procaps Group's product development capabilities by more than 70%. The pharmaceutical production facility was purchased from Strides Pharma a U.S. subsidiary of the Indian-based pharmaceutical corporation, the Strides Group. The facility is USFDA approved and, in addition to the manufacturing capabilities, it offers development and analytical testing capacities, which we believe will become an important alternative for new pharmaceutical and OTC developments in highly regulated markets worldwide. Core assets included in the acquisition were several Softgel encapsulation lines, new critical support systems, automated packaging line capabilities, as well as development facilities including pilot and scale up capabilities. Procaps Group expects the facility to begin operations in May of 2022.
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ATRS | Hot Stocks08:42 EST Antares Pharma appoints Claude Richardson as SVP of Human Resources - Antares Pharma announced the appointment of Claude Richardson as Senior Vice President, SVP, of Human Resources. Richardson will be responsible for Antares' corporate Human Resources strategy and development. Prior to joining Antares, Richardson was Senior Vice President, Chief Human Resources Officer at Delta Dental of NJ/CT, a regional dental insurer with approximately 300 employees.
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TENX | Hot Stocks08:41 EST Tenax Therapeutics granted US patent for subcutaneous use of TNX-102 - Tenax Therapeutics announced that the United States Patent and Trademark Office, USPTO, has granted a patent for the company's subcutaneous formulation of levosimendan, TNX-102, which is currently being developed for the treatment of pulmonary hypertension associated with left heart failure. On January 4, 2022, Tenax Therapeutics was issued US Pat. No. 11,213,524, entitled PHARMACEUTICAL COMPOSITIONS FOR SUBCUTANEOUS ADMINISTRATION OF LEVOSIMENDAN, which is directed towards the use of levosimendan via subcutaneous administration for treating a subject having a health condition of any kind, such as heart failure, pulmonary hypertension including PH-HFpEF, chronic kidney disease, stroke, or other health conditions. The patent is expected to expire no earlier than 2039, exclusive of any possible extensions. "Extending patent protection for our lead drug candidates continues to be an important strategic focus for Tenax," said Christopher Giordano, President and Chief Executive Officer of Tenax Therapeutics. "The issuance of the '524 patent represents a key expansion of our IP portfolio, and we expect to secure additional patent protections for our lead drug programs to help build significant future value for our shareholders as we advance our lead drug candidates into pivotal Phase 3 testing."
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ONEXF | Hot Stocks08:41 EST Onex appoints Dave Kelly as head of Gluskin Sheff - Onex Corporation announced the appointment of Dave Kelly as Head of Gluskin Sheff + Associates Inc., Onex' exclusive wealth management platform and one of Canada's pre-eminent wealth management firms. Most recently, Mr. Kelly was Head of Private Wealth Management and Financial Planning at TD Wealth. As part of this leadership change, Jeff Moody is stepping down from his role as CEO and has been appointed as Vice Chair of Gluskin Sheff. He will remain on the platform's Investment Committee.
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TOMZ | Hot Stocks08:39 EST Tomi Environmental Solutions provides SteraMist system to On Demand - TOMI Environmental Solutions is assisting the decontamination efforts of On Demand Pharmaceuticals by providing its SteraMist Environmental Systems for use at On Demand Pharmaceutical's modular cleanroom. The Defense Advanced Research Projects Agency, DARPA, developed TOMI BIT, the industry's only low-grade hydrogen peroxide-based solution capable of delivering six-log kill with a dwell time of seconds, without compromising human health or adversely affecting medical instruments, lab equipment or sensitive electronics. The pairing of a DARPA-funded medicine manufacturing initiative with a DARPA-developed disinfection and decontamination technology creates a powerful and unique partnership. Elissa Shane, TOMI Chief Operating Officer, states, "We are pleased to partner with a DARPA-funded innovative technology company, On Demand Pharmaceuticals. Both TOMI and On Demand share the vision of revolutionizing their respective industries, through the development of enhanced technology to promote health and safety. We look forward to continuing our partnership and our mutual mission to innovate for a safer world."
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IBRX ATNX | Hot Stocks08:38 EST ImmunityBio in pact to acquire certain assets, leasehold interest from Athenex - ImmunityBio (IBRX) announced that it has entered into a definitive agreement to acquire a leasehold interest in 409,000 square feet of ISO Class 5 pharmaceutical manufacturing space in western New York, and certain related assets, from global pharmaceutical company Athenex (ATNX). The agreement will provide ImmunityBio with a state-of-the-art biotech production facility that will substantially expand and diversify ImmunityBio's existing manufacturing capacity in the U.S., South Africa, and Botswana through its strategic collaborators. The full-scale manufacturing facility includes clean rooms for upstream and downstream manufacturing activities, as well as fill and finish and large-scale lyophilization capabilities. ImmunityBio believes that the acquisition of the newly constructed facility, located in Dunkirk, New York will fast track the company's timeline for building production capacity at a significant scale. ImmunityBio plans to further invest in the plant by adding state-of-the-art biological manufacturing equipment and transferring technology from California to this large-scale production plant, and anticipates it will begin producing COVID vaccine drug substance in Q4 2022. "With our acquisition of the interest in the Dunkirk Facility, ImmunityBio will have access to nearly a million square feet of manufacturing and R&D space in the U.S., South Africa and Botswana, giving us ample capacity to support the acceleration of our manufacturing plans for our immunotherapy and vaccine product candidates," said Patrick Soon-Shiong, M.D., Founder, Executive Chairman and Global Chief Scientific and Medical Officer at ImmunityBio. "The investment we are making here provides us with a facility that has both an exceptionally sophisticated design as well as the latest equipment. Purchasing the rights to this plant gives us immense scale at a lower investment than building one from ground up."
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MEEC | Hot Stocks08:38 EST Midwest Energy Emissions secures multi-year contract renewal - Midwest Energy Emissions announced the signing of a two-year contract renewal with an estimated annual value in excess of $2.5M. Under the extended supply contract, ME2C will continue supplying its patented Sorbent Enhancement Additive technologies for mercury emissions capture.
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ARTL | Hot Stocks08:37 EST Artelo Biosciences expects capital to achieve milestones into 2H23 - As of November 30, 2021, the Company had approximately $26.4 million in cash and marketable securities, compared to $10.07 million as of August 31, 2021.
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DSS | Hot Stocks08:36 EST Document Security acquires medical office building in Florida - DSS announced its majority-owned subsidiary, American Medical REIT has acquired a tenanted 21,900 square foot medical office building in Winter Haven, Florida. Palm Medical Center, the primary tenant of the Winter Haven medical office building, leases nearly 19,000 sq. ft. of the property and has six years remaining on its lease with three five-year options to renew. "While other areas within commercial real estate have been impacted by the ongoing pandemic, medical real estate has demonstrated considerable resiliency," stated Frank Heuszel, DSS CEO. "We are thrilled to further expand our medical real estate operations with the addition of the Winter Haven facility to our growing AMRE portfolio. AMRE, launched in March 2020, now owns more than 380,000 sq. ft. of high-quality healthcare assets across the US, providing a formidable foundation for our operations as we seek to further accelerate growth and build long-term value for our shareholders."
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BON | Hot Stocks08:35 EST Bon Natural Life receives initial purchase order for personal care products - Bon Natural Life has received an initial purchase order from Chongqing Fudoudou Technology, the wholly owned subsidiary of Chongqing Jingfubao Trading, for FeatherPure Women's Personal Care Gel, to provide female reproductive system care. The company has begun delivering products to Chongqing Jingfubao. FeatherPure is a female personal care product that leverages human micro-bio technologies with BON's proprietary stachyose and apple extract formulation. The next purchase order will be determined and negotiated based on market feedback and demand. The Company expects FeatherPure will bring approximately $3M in revenue in the next 2 years.
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ATNX IBRX | Hot Stocks08:34 EST Athenex announces agreement with ImmunityBio on Dunkirk facility - Athenex (ATNX) announced that it has entered into a definitive agreement for ImmunityBio (IBRX) to assume its leasehold interest in a manufacturing facility in Dunkirk, New York, and certain related assets for approximately $38M, subject to adjustment at closing. Proceeds from the sale will be used to service the Company's debt obligations and for other general corporate purposes. The transaction is subject to customary closing conditions and is expected to close in the first quarter of 2022. Upon the closing, ImmunityBio will assume all capital expenditure and hiring obligations of Athenex pursuant to its agreements with New York State. Athenex will continue to operate its existing Athenex Pharmaceutical Division, APD, and Athenex Pharmaceutical Solutions, APS, divisions. Athenex has not assigned any of its rights to its corporate headquarters in Buffalo, New York and will retain all of its rights and obligations with respect to its corporate headquarters. ImmunityBio has entered into a preliminary agreement with Athenex to allow APS the ability to manufacture its 503B products at the Dunkirk facility and the parties plan to enter into a definitive preferred contract manufacturing agreement.
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TROW | Hot Stocks08:34 EST T. Rowe Price reports preliminary AUM $1.69T at December 31, 2021 - T. Rowe Price reported preliminary month-end assets under management of $1.69T as of December 31, 2021. The acquisition of Oak Hill Advisors, L.P. completed on December 29, 2021, included $57B of capital under management, of which $47B of fee-basis assets under management are included in these preliminary month-end assets under management.
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IDRSF | Hot Stocks08:33 EST Jennifer Aniston, Idorsia partner for 'Seize the Night & Day' campaign - Idorsia and Idorsia Pharmaceuticals, US announced its partnership with actor and director/producer Jennifer Aniston to launch Seize the Night & Day, an integrated educational campaign aimed at revealing insomnia's dual impact that affects both nights and days. The national initiative sheds light on the reality of insomnia for the millions of Americans living with this very real, but often overlooked medical condition. Idorsia and Jen have forged a multi-year collaboration with the shared goal of informing, inspiring and empowering people to take the first steps towards quality sleep through education, actionable information and community support.
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JOBS | Hot Stocks08:32 EST 51job receives proposal to amend merger consideration for going-private deal - 51job announced that its Board of Directors and the special committee of the Board have received a proposal letter dated January 12 from Garnet Faith Limited in connection with the proposed merger under the agreement and plan of merger between the company and Merger Sub dated as of June 21, 2021. In the Proposal Letter, the Merger Sub proposed to reduce the merger consideration from $79.05 in cash per common share to $57.25 in cash per common share and reduce the combined ownership of DCP Capital Partners II, L.P. and Ocean Link Partners Limited in the company upon consummation of the proposed merger to 9.99%. The Special Committee will evaluate the Proposed Revised Transaction in light of the latest development with the assistance of its financial and legal advisors.
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OTMO | Hot Stocks08:32 EST Otonomo Technologies appoints Fred Kohout as Chief Marketing Officer - Otonomo Technologies announced the appointment of Fred Kohout as Chief Marketing Officer, CMO. Kohout will be charged with "scaling Otonomo's brand to demand engine to capitalize on the immense market opportunity represented by connected vehicle data and mobility intelligence," the company said. Kohout has worked in the technology sector for more than three decades during which time he has served as the Chief Marketing Officer of Cray, Inc., UC4 and Tagsys RFID.
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IPG | Hot Stocks08:32 EST Interpublic Group DXTRA CEO Andy Polansky to retire - Interpublic Group announced Andy Polansky, IPG DXTRA CEO and Weber Shandwick Executive Chairman, will retire in June of this year. Over the course of his long tenure within IPG, Polansky has held senior leadership positions at Weber Shandwick, including President and CEO, and more recently as Executive Chairman. Under his leadership, Weber Shandwick cemented its position as a global public relations powerhouse and one of the world's largest and most awarded public relations firms. As part of this planned transition, Polansky will remain CEO and Chairman of IPG DXTRA and Executive Chairman of Weber Shandwick through June 2022.
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JOBS | Hot Stocks08:29 EST 51Job trading halted, news pending
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TALK | Hot Stocks08:27 EST Talkspace sees FY21 revenue around $112M, consensus $114.1M - In a regulatory filing, the company also sees its projected U.S. market of $99B by 2028, growing at 4.7 CAGR.
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RNGTF | Hot Stocks08:26 EST Osisko Development announces drilling results from Cariboo project - Osisko Development announced drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project in central British Columbia. Summary: A total of 28,000 meters were drilled in 92 holes at Lowhee Zone on Barkerville Mountain in 2021. Recent assay results include holes BM-21-052 to BM-21-080. BM-21-072 intersected a mineralized vein corridor with visible gold and cosalite that assayed 50.11 g/t Au over 7.50 meters including high grade samples of 630.00 g/t Au over 0.55 meter and 48.80 g/t Au over 0.55 meter. BM-21-062 assayed 227.00 g/t Au over 0.50 meter, located in the southeastern portion of the Lowhee Zone, further indicating exploration potential outside of the known veins. BM-21-071 intersected mineralized vein corridors of 21.35 g/t Au over 6.75 meters including a sample of 61.40 g/t Au over 0.85 meter within a modelled vein corridor. Additional high grade samples include 89.90 g/t Au over 0.60 meter in hole BM-21-056, 95.10 g/t Au over 0.70 meter in hole BM-21-058 and 94.00 g/t Au over 0.50 meter in hole BM-21-069. Assay Highlights 57.10 g/t Au over 0.50 meter in hole BM-21-052 including 46.60 g/t Au over 0.50 meter; 10.51 g/t Au over 5.65 meters in hole BM-21-053. 10.18 g/t Au over 4.65 meters in hole BM-21-053 including 45.50 g/t Au over 0.70 meter; 23.90 g/t Au over 1.45 meters in hole BM-21-053; 51.10 g/t Au over 0.50 meter in hole BM-21-054. 13.62 g/t Au over 3.00 meters in hole BM-21-056 including; 55.10 g/t Au over 0.50 meter; 7.42 g/t Au over 4.30 meters in hole BM-21-056; 89.90 g/t Au over 0.60 meter in hole BM-21-056.17.51 g/t Au over 4.20 meters in hole BM-21-058 including 95.10 g/t Au over 0.70 meter; 7.66 g/t Au over 8.20 meters in hole BM-21-060. 8.38 g/t Au over 8.00 meters in hole BM-21-061 including;72.60 g/t Au over 0.50 meter; 11.65 g/t Au over 2.90 meters in hole BM-21-061. 227.00 g/t Au over 0.50 meter in hole BM-21-062. 8.24 g/t Au over 4.85 meters in hole BM-21-062 including 57.70 g/t Au over 0.50 meter; 10.97 g/t Au over 4.25 meters in hole BM-21-063; 16.09 g/t Au over 5.95 meters in hole BM-21-064 including 65.00 g/t Au over 0.65 meter; 62.80 g/t Au over 0.55 meter. 28.10 g/t Au over 1.55 meters in hole BM-21-065 including 80.70 g/t Au over 0.50 meter; 75.50 g/t Au over 0.60 meter in hole BM-21-068; 94.00 g/t Au over 0.50 meter in hole BM-21-069. 21.35 g/t Au over 6.75 meters in hole BM-21-071 including 61.40 g/t Au over 0.85 meter;60.50 g/t Au over 0.50 meter in hole BM-21-071.50.11 g/t Au over 7.50 meters in hole BM-21-072 including 630.00 g/t Au over 0.55 meter and; 48.80 g/t Au over 0.55 meter. 7.45 g/t Au over 5.30 meters in hole BM-21-077. The vein corridors at Lowhee are the same style of mineralization as seen on our Island Mountain and Cow Mountain deposits- mineralized quartz veins hosted within the sandstone. Vein corridors are defined as a high-density network of mineralized quartz veins within the axis of the last folding event and hosted within a brittle meta-sandstone or calcareous meta-sandstone. Vein corridors are modelled at a minimum thickness of 2.00 meters and average about 4.50 meters true width. Individual mineralized veins within these corridors have widths varying from centimeters to several meters and strike lengths from a few meters to over 50 meters. These corridors have been defined from surface to a vertical depth averaging 300 meters and remain open for expansion at depth and along strike. Gold grades are intimately associated with quartz vein-hosted pyrite as well as pyritic, intensely silicified wall rock haloes in close proximity to the veins. True widths are estimated to be 60% to 75% of reported core length intervals. Intervals not recovered by drilling were assigned zero grade. Top cuts have not been applied to high grade assays.
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PRCH | Hot Stocks08:21 EST Homeowners of America introduces services in New Mexico - Homeowners of America announced the launch of service in New Mexico. Since successfully acquiring HOA in April 2021, Porch continues to advance the growth of HOA's home insurance offerings nationwide. New Mexico marks HOA's 13th state of operation and the first expansion of services this year, furthering Porch's national development of HOA's comprehensive and competitively priced homeowners insurance products.
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FCEL | Hot Stocks08:21 EST FuelCell's Long Island, NY project commences conditional commercial operation - FuelCell Energy announced the completion of site construction and commencement of conditional commercial operation of its 7.4 megawatt SureSource fuel cell project located in Yaphank, Long Island, in New York. "We are excited to be in commercial operation of our fuel cell platform in the Town of Brookhaven, New York," commented Jason Few, President and Chief Executive Officer, FuelCell Energy. "We are executing on our promise to enable electrical resiliency and to deliver needed clean base load power to central Long Island, while reducing above ground risk associated with long distance high voltage transmission lines. Utilizing three of our fuel cell platforms, we will deliver to the grid 24/7 power that is enough to power approximately 7,500 homes from a footprint slightly larger than a couple of tennis courts." In conjunction with the project achieving commercial operation, Franklin Park has funded the remaining commitment under the previously announced tax equity arrangement, bringing the total investment in the project to $12.4M.
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IPOOF | Hot Stocks08:20 EST InPlay Oil board approves C$58M capital program for 2022 - InPlay Oil is pleased to announce that its Board of Directors has approved a $58 million capital program for 2022 which is forecasted to deliver 2022 average production of 8,900 - 9,400 boe/d. InPlay enters 2022 in the strongest position in the Company's history following a highly successful 2021, which saw the Company achieve record levels of annual production, adjusted funds flow and free adjusted funds flow while also exiting the year at its lowest ever net debt to earnings before interest, taxes and depletion level. On November 30, 2021 InPlay completed the highly accretive acquisition of Prairie Storm Resources Corp., further expanding our position in the Cardium. Based on continued strong drilling results and the positive outlook for commodity prices, InPlay is well positioned to deliver continued strong operational and financial results in the upcoming year. The Company's Board of Directors has approved a capital program for 2022 of $58 million. Given InPlay owns significant infrastructure, over 93% of the capital program is dedicated to growing production through drilling, completion, equipping and optimization expenditures. The 2022 capital program will see InPlay drill the most Cardium Extended Reach Horizontal wells in our history. The 2022 capital program consists of drilling approximately 17.0 net Cardium wells, with a roughly even allocation of capital between our core Pembina and Willesden Green areas, focused predominantly on ERH wells. The first quarter of 2022 is expected to be our most active quarter to date with plans to drill six gross ERH wells with three in Pembina, two on our recently acquired Prairie Storm lands in Willesden Green and one ERH non-operated well. The Company also plans to complete, equip, and tie-in the two ERH wells that were drilled in December 2021 on the Prairie Storm lands. The capital program incorporates approximately 8% cost inflation associated with higher services and tangibles costs anticipated due to an increase in industry activity relative to 2021. InPlay would have experienced even greater cost pressure, however we proactively mitigated the price increase in steel casing by acquiring the majority of our H1 2022 requirements in the third quarter of 2021 when prices were 30% - 35% below current levels. InPlay's 2022 capital program is forecasted to deliver: Annual average production of 8,900 to 9,400 boe/d, delivering annual production growth of approximately 55% to 63% over 2021. On a debt adjusted basis, production growth per weighted average basic share is forecast to be approximately 76% to 86% over 2021 which is expected to be top-tier per share growth amongst InPlay's light oil weighted peers; AFF of $111.0 to $117.0 million, approximately 118% to 129% higher on an absolute basis and 76% to 86% higher per weighted average basic share compared to previous 2021 AFF guidance; FAFF of $53.5 to $59.5 million, initially used for debt reduction which will significantly improve InPlay's leverage metrics and long term sustainability; Net debt to EBITDA of 0.2x to 0.3x with forecasted year end net debt between $22.0 to $28.0 million which represents a 68% decrease from previous 2021 year end net debt guidance. At a stress test pricing level averaging $50 USD WTI over the entire year in 2022, the Company estimates 2022 net debt to EBITDA would remain below 1.0x; andRecord operating income profit margin of approximately 68%.
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LFMD | Hot Stocks08:19 EST LifeMD announces acquisition of Cleared - LifeMD announced it has acquired Cleared, a nationwide allergy telehealth platform. "This acquisition represents a major step forward for LifeMD's mission of redefining and elevating American healthcare. Cleared is a transformational addition to our growing portfolio of telehealth capabilities and moves us beyond treating lifestyle conditions into chronic conditions with large addressable market demand," said LifeMD Chairman and CEO Justin Schreiber. "Cleared is at a stage of rapid growth. We're excited to work with their talented team to continue advancing the way Americans with allergies and respiratory conditions receive treatment." Under the terms of the agreement, LifeMD will acquire all outstanding shares of Cleared at closing in exchange for a $460,000 upfront cash payment, and non-contingent milestone payments for total of $3.46M. LifeMD will purchase a convertible note from a strategic pharmaceutical investor for $507,000. The acquisition is subject to customary closing conditions, including applicable regulatory approvals and is expected to close in the first quarter of 2022.
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XELA MA | Hot Stocks08:17 EST Exela Technologies expands Mastercard relationship in Europe - Exela Technologies (XELA) announced it has expanded an existing relationship with Mastercard (MA) in the EMEA region to support the automation of Giro payments and processing in Norway utilizing Exela's XBP platform. Exela will develop and deploy a new solution using optical/intelligent character reading to automate the content extraction of payment documents in the Brevgiro service in Norway. As part of this solution Exela will also provide automated signature verification of payment transactions. This solution will be used to process over 1M Giro payments in Norway.
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JETMF | Hot Stocks08:16 EST Global Crossing Airlines appoints Doreen DePastino as EVP, customer service - Global Crossing Airlines Group, announces the appointment of Doreen DePastino as EVP of Customer Service with responsibility for Inflight Services, Ramp and Station Operations. In addition, Ms. DePastino will serve as President of GlobalX Ground Team, LLC., GlobalX's wholly-owned ground services subsidiary. Ms. DePastino comes to GlobalX with over 35 years of experience in the airline industry with successful tenures at major international airlines, including start-up airlines. She previously served as the Vice President of Inflight for Emirates, Hawaiian Airlines, and LAN. She has been on the certification teams of JetBlue, Virgin America, and most recently Breeze Airways, where she led the Inflight and Station Operations teams.
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SWM | Hot Stocks08:16 EST Schweitzer-Mauduit releases its 2021 ESG report - SWM International released its 2021 Environmental, Social, and Governance, ESG, report as part of its ongoing efforts to increase transparency around its ESG strategy and initiatives. The report highlights the Company's commitment to sustainable business practices and how it is addressing key ESG areas of focus. Among the highlights in the report are areas important to the Company's strategy: SWM employees and their health, safety, and development; SWM's culture that allows for honest conversations, diversity of thought, teamwork, creativity, and innovation; Customer relationships and SWM products; Governance oversight and policies to support integrity and ethical behavior throughout the four continents where SWM operates; Commitment to excellence in everything, including supporting local communities; SWM's responsibility to further integrating environmental practices into its strategies.
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FLMN | Hot Stocks08:15 EST Falcon Minerals trading resumes
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WTT | Hot Stocks08:14 EST Wireless Telecom announces HFCL chooses CommAgility's 5G software - HFCL and Wireless Telecom announced that telecom innovator HFCL has chosen CommAgility's 5G new radio, NR, software for use in its 5G indoor small cells. HFCL is using CommAgility's flexible, configurable 5G NR physical layer, PHY, and Digital Front-End, DFE, software for deployment across consumer, enterprise and industry verticals. As part of CommAgility's implementation, the Company is providing support services to install its software with HFCL's baseband and RF hardware. As part of its 5G Radio Access Network portfolio, HFCL is investing in building a portfolio of 5G Small Cell products that include both Indoor and Outdoor as well as FR1 and FR2 frequency bands. "HFCL will benefit from CommAgility PHY software that supports this range of 5G small cell products, allowing HFCL maximum design, development and deployment flexibility. As the 3GPP specifications evolve, HFCL will also benefit from the continuous innovation of CommAgility to evolve the PHY to meet new customer requirements," the company said.
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HEPA | Hot Stocks08:13 EST Hepion Pharmaceuticals announces passing of director Thomas Adams - It is with profound sadness that Hepion Pharmaceuticals, announces the passing of Thomas Adams, Ph.D., a member of its Board of Directors. Dr. Adams died of natural causes on January 9, 2022. A seasoned biotechnology veteran, Dr. Adams was appointed to Hepion's Board in September 2016.
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REG | Hot Stocks08:12 EST Regency Centers completes acquisitions for combined total of $311M in Q4 - Regency Centers Corporation announced recently completed transaction activity during the fourth quarter of 2021 and year-to-date in 2022. Acquisitions: During the fourth quarter of 2021, the Company completed acquisitions for a combined total of $311M. These transactions were completed on a wholly-owned basis. On November 18, 2021, Regency completed the previously-announced acquisition of Blakeney Shopping Center, a 383,000 square foot grocery-anchored community center located in South Charlotte, North Carolina, for $181M. The open-air center is anchored by Harris Teeter, Marshalls, HomeGoods, Best Buy and PetSmart, and shadow-anchored by Target. On December 30, 2021, Regency acquired a portfolio of four grocery-anchored neighborhood centers for $130M, each located on Long Island in New York. This 387,000 square foot portfolio includes three centers anchored by King Kullen and one anchored by Stew Leonard's. Including these transactions, during the full year 2021 the Company completed acquisitions for a combined total of $489M, at Regency's share, at a 5.1% blended cap rate. Dispositions: During the fourth quarter of 2021, the Company completed the disposition of two properties for a combined total of $87M, at Regency's share. On November 16, 2021, the Company closed on the sale of its Marina Shores property located in Long Beach, California, for $14M, at Regency's share. The property was 20% owned by Regency in a co-investment partnership, and sold to a private buyer for a proposed multifamily development. On December 15, 2021, the Company closed on the sale of its wholly-owned Sequoia Station center located in Redwood City, California for $73M. The property was sold to a private buyer for a proposed mixed-use densification project. Including these transactions, during the full year 2021 the Company completed dispositions for a combined total of $279M, at Regency's share. The blended cap rate was 5.2% excluding non-income producing properties, and 4.3% including non-income producing properties. Subsequent to year-end, on January 11, 2022, the Company closed on the sale of its wholly-owned Costa Verde Center in San Diego, California for $125M. The cap rate on in-place NOI was approximately 1.5%. The property was sold to another public REIT for the proposed development of office/laboratory space. "Following the acquisition of Blakeney, we are excited to have also added four outstanding neighborhood centers on Long Island to our portfolio during the fourth quarter. Investing in high-quality, well-located grocery-anchored retail, as we did successfully in 2021, is at the core of Regency's capital allocation strategy," said Lisa Palmer, President and CEO. "Importantly, our recent acquisitions were largely self-funded on an earnings accretive basis by monetizing the value we've created through the sale of properties where the highest and best use evolved into predominantly non-retail."
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IMMX | Hot Stocks08:11 EST Immix Biopharma announces study data on IMX-110 - Immix Biopharma announced study data showing that ImmixBio's lead candidate IMX-110 produced a 50% response rate in a first-line-therapy-resistant cancer - soft tissue sarcoma, STS, mouse study, surpassing the STS standard of care doxorubicin's 0% response rate in the same mouse study. The responses were assessed by RECIST 1.1 criteria applied to mice, with progression assessed after one cycle of treatment in a study funded by ImmixBio and conducted by a major STS oncology treatment center. "We strive to test our drug candidates in the most realistic, challenging animal models available," said Ilya Rachman, MD PhD, CEO of ImmixBio. "We are thrilled to see that in this first-line-therapy resistant STS model that IMX-110 showed significant activity. We believe this study is a preview of what our SMARxT Platform generating Tissue-Specific Therapeutics can do, a distinct alternative to the traditional 'single target, single mutation' development model."
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SMTC | Hot Stocks08:11 EST Semtech teams with Lacuna Space to enhance LoRaWAN connectivity - Semtech announced a joint initiative with Lacuna Space to further increase coverage and resilience of LoRaWAN connectivity. In areas of the world without cellular or Wi-Fi signals, satellites fill connectivity gaps - especially in hard-to-reach areas. Since it is affordable and simple to install, LoRaWAN is the unique standard that is capable of bridging terrestrial networks with worldwide satellite connectivity in order to offer low power ubiquitous connectivity and fills this gap. "We now have trials and demonstrations underway in many countries and regions that were previously thought to be inaccessible to IoT. Our collaboration with Semtech and the enablement of its LR-FHSS device accelerates IoT adoption for a safer, more resilient and resource-efficient world," said Rob Spurrett, CEO at Lacuna Space. "With this collaboration, we expect to begin commercial services within the first half of 2022."
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BWAY | Hot Stocks08:09 EST Brainsway announces multiple publications on Deep TMS system treating OCD - BrainsWay announced key research data published in two peer-reviewed industry journals highlighting the durability and cost-effectiveness of its proprietary Deep TMS treatment for patients coping with obsessive-compulsive disorder, OCD. While prior research has demonstrated the safety and efficacy of Deep TMS in treating OCD, a recent study published in Brain Stimulation now shows the durability of Deep TMS and the significant reduction in functional disability. Additionally, positive data published in the Journal of Psychiatric Research support the cost-effectiveness of Deep TMS relative to other available treatment options for OCD. To evaluate the durability of the Deep TMS OCD treatment, clinical sites from the Company's trial, as well as those that contributed post-marketing data, conducted follow up assessments with patients that had met response criteria following treatment with the H7 Coil. Data revealed that of the 60 subjects evaluated from seven clinical sites, 52 demonstrated durability of one year or more, 26 of which showed two or more years of durability. Moreover, the data showed that patients exhibited a significant reduction in disability. Self-reported unproductive days per week dropped from 5.5 days to 1.8 days. Furthermore, positive data recently published in the Journal of Psychiatric Research demonstrated the relative cost-effectiveness of Deep TMS for refractory OCD patients when compared with other treatments within the treatment continuum.
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MCMJ | Hot Stocks08:08 EST Merida Merger Corp. I enters $30M convertible note financing with Cohanzick - Merida Merger Corp. I announced yesterday that "Leafly Holdings, an online cannabis discovery marketplace and resource for cannabis consumers, and Merida Merger Corp. I, a special purpose acquisition company sponsored by Merida Capital Holdings, announced that it entered into a $30M convertible note purchase agreement with new investors led by Cohanzick Management LLC and affiliates, an investment management firm. This supplemental financing, which will close immediately prior to the closing of the proposed business combination between Leafly and Merida, will help to ensure full funding of Leafly's current multi-year business plan. In addition, Merida announced that Merida's special meeting to vote on the proposed business combination, originally scheduled for January 14, 2022, will be adjourned to a later date to be announced, to give Merida stockholders sufficient time to evaluate the terms of the note financing and certain additional information. As a result, the date for holders of Merida public shares to request redemption will be extended to two business days prior to the date that meeting is held to vote on the proposed business combination." Shares of Merida Merger Corp. I are up 18.7% in pre-market trading at $9.96.
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VHAQ | Hot Stocks08:08 EST Viveon Health Acquisition, Suneva Medical announce merger agreement - Suneva Medical and Viveon Health Acquisition Corp. announced that they have entered into a definitive merger agreement. Upon completion of the transaction, the combined company's securities are expected to be traded on the NYSE under the symbol "RNEW." The pro forma equity valuation of the combined company is expected to be approximately $511M. VHAQ raised approximately $201M in connection with its IPO, which is now held in a trust account at Morgan Stanley with Continental Stock Transfer & Trust Company acting as trustee. Under the terms of the proposed transaction, VHAQ will issue 25M shares to current security holders of Suneva. Current Suneva security holders may also receive up to 12M earn out shares - 4M shares if the volume weighted average share price over any twenty trading days during a thirty day period exceeds $12.50 before the second year anniversary of the closing; 4M shares if the volume weighted average share price over any twenty trading days during a thirty day period exceeds $15.00 before the third year anniversary of the closing; and 4M shares if the volume weighted average share price over any twenty trading days during a thirty day period exceeds $17.50 before the five year anniversary of the closing. Furthermore, VHAQ's sponsor agreed to shift approximately 1.4M of its currently held sponsor shares to earn out shares and approximately 5.1M of its currently held sponsor warrants to earn out warrants, subject to same terms as company Earn Out Shares. The transaction, which has been approved by the Boards of Directors of Suneva and Viveon Health, is subject to approval by Suneva's stockholders, Viveon Health's stockholders and other customary closing conditions. The proposed business combination is expected to be completed in the first half of 2022.
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LGVN | Hot Stocks08:08 EST Longeveron announces publication of Lomecel-B Phase 2b trial design - Longeveron announced publication of the design and rationale from its recently completed Phase 2b aging frailty clinical trial with Lomecel-B in the Journal of Frailty and Aging. This peer-reviewed article describes the design of the trial which investigated Lomecel-B, a living cell therapy product, as a regenerative medicine strategy for the treatment of frailty in older adults. As a life-threatening geriatric condition, aging frailty affects up to 15% of Americans over the age of 65, or 8.1 million individuals, and manifests as a loss of muscle and decreased strength, slowed walking, low activity and energy levels, poor endurance, nutritional deficiencies, weight loss and fatigue. The publication by Longeveron Senior Scientist Dr. Anthony Oliva and colleagues is titled "The Design and Rationale of a Phase 2b, Randomized, Double-Blinded, and Placebo-Controlled Trial to Evaluate the Safety and Efficacy of Lomecel-B in Older Adults with Frailty,"/ This trial was designed and conducted in partnership with the National Institute on Aging. The results of the trial were previously announced by the Company on August 13th, 2021.
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MYNZ RHHBY | Hot Stocks08:08 EST Mainz Biomed names Michele Pedrocchi to strategic advisory board - Mainz Biomed N.V. (MYNZ) announced the appointment of Dr. Michele Pedrocchi to its Strategic Advisory Board. "Having Michele join our Strategic Advisory Board is a fantastic addition given his prolific background in the in vitro diagnostics space," commented Guido Baechler, CEO of Mainz Biomed. "Michele's vast experience launching IVD products in multiple international markets is especially timely for our flagship product, ColoAlert which is in the early stage of its commercial lifecycle, and I'm looking forward to his counsel and direction as we expand ColoAlert's commercial imprint across Europe and other international territories." During his tenure at Roche (RHHBY), Dr. Pedrocchi held senior leadership positions across corporate strategy, commercial and business development, including serving as Global Head of Strategy and Business Development for Diagnostics.
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ABMD | Hot Stocks08:08 EST Abiomed announces results from first-in-human study of preCARDIA system - Abiomed announces the successful results of the first-in-human early feasibility study of the preCARDIA system. The preCARDIA system is designed to improve decongestion in acutely decompensated heart failure, ADHF, patients by intermittently occluding the superior vena cava. The results of the study published this week in the journal Circulation: Heart Failure. Despite available pharmaceutical treatments, heart failure is the leading cause of hospitalization in patients older than 65 years of age. Diuretics may help to improve heart failure symptoms and heart function by reducing fluid overload. However, diuretics take time to work and may be ineffective in patients with chronic heart failure. preCARDIA is designed to reduce filling pressure as blood enters the heart and lungs, which may enable the heart and kidneys to work more effectively, potentially providing therapy for patients non-responsive to diuretics, estimated to be approximately 300,000 of the one million U.S. ADHF admissions per year. The multicenter, prospective, single-arm VENUS-HF Early Feasibility Study examined 30 patients with ADHF who were assigned preCARDIA therapy for 12 or 24 hours. The primary endpoint was a composite of major adverse events through 30 days. The study found: Freedom from device- or procedure-related major adverse events in 100% of patients Successful placement, activation and removal of preCARDIA in 97% of patients.
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HTBX | Hot Stocks08:06 EST Heat Biologics announces new PTX-35 preclinical data, update on HS-110 - Heat Biologics announced promising new preclinical data regarding PTX-35 has been accepted for publication in the American Journal of Transplantation. Key Findings: a single dose of the preclinical version of PTX-35, was able to expand regulatory T cells and significantly improve disease and graft survival outcomes; Chemically induced pancreatic failure could be partially reversed when mice were transplanted with beta-cell islet allografts and treated with mPTX-35; Disease protection in preclinical models was correlated with a significant expansion of Tregs and protection of the allograft; Long-term surviving grafts showed a marked increase in Treg infiltration which directly correlated with mPTX-35 agonist activity. Jeff Wolf, Chief Executive Officer of Heat, commented, "We are very encouraged by these results showing pronounced Treg expansion and significantly prolonged graft survival compared to control...We are also making significant progress with HS-110 and expect to file for an End of Phase 2 meeting with the FDA this quarter. Our goal for this meeting is to discuss potential Phase 3 registration pathways for HS-110. Although this submission is taking longer than expected, we believe we have prepared a very comprehensive package and look forward to the FDA's feedback."
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PDSB MRK | Hot Stocks08:06 EST PDS Biotechnology announces presentation of PDS0101 data - PDS Biotechnology (PDSB) announced that the initial safety data from its VERSATILE-002 study has been accepted for presentation at the 2022 Multidisciplinary Head and Neck Cancers Symposium being held February 24-26, 2022, at the JW Marriott Phoenix Desert Ridge Resort and Spa, Phoenix, AZ. The accepted abstract summarizes initial safety data from the ongoing Phase 2 study, being run in collaboration with Merck (MRK), which studies PDS0101 in combination with Merck's anti-PD-1 therapy KEYTRUDA for the treatment of recurrent or metastatic HPV16-positive head and neck cancer. It was previously announced that the trial had achieved its preliminary safety benchmark in the first 12 patients. PDS Biotech is also conducting a Phase 2 clinical study in both second- and third-line treatment of multiple advanced HPV-associated cancers with the National Cancer Institute. A third Phase 2 clinical trial in first-line treatment of locally advanced cervical cancer is being performed with The University of Texas, MD Anderson Cancer Center.
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HMTV FUBO | Hot Stocks08:05 EST Hemisphere Media strikes multi-year carriage agreement with FuboTV - Hemisphere Media Group (HMTV) announced that it has struck a multi-year carriage agreement with fuboTV (FUBO). As a result of the partnership, all five Hemisphere cable networks-WAPA America, Cinelatino, Pasiones, CentroAmericaTV and Television Dominicana, which serve the U.S. Hispanic/Latino market at large and cater to specific segments within the community with targeted, culturally relevant content-will be available in HD to subscribers of fuboTV's Latino channel plan in the U.S. and Puerto Rico in Q1 of 2022. The partnership will give subscribers access to the Hemisphere networks' vast content offering, which includes top-rated news and entertainment programming from Puerto Rico, blockbusters and critically acclaimed films from Mexico, Latin America, Spain, and the Caribbean, hit international telenovelas and drama series, and sports programming and critical news from Central America and the Dominican Republic.
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XENE NBIX | Hot Stocks08:04 EST Xenon announces collaboration with Neurocrine achieves $15M milestone - Xenon Pharmaceuticals (XENE) announced that its collaboration to develop treatments for epilepsy with Neurocrine Biosciences (NBIX) achieved a regulatory milestone, which has triggered an aggregate payment of $15M to Xenon. The U.S. Food and Drug Administration accepted Neurocrine's protocol amendment that expands the study population to include subjects aged between 2 and 11 years in the ongoing Phase 2 randomized, double-blind, placebo-controlled study to evaluate the efficacy, safety, tolerability, and pharmacokinetics of NBI-921352 in pediatric patients with SCN8A developmental and epileptic encephalopathy. Pursuant to the agreement, Xenon will receive an aggregate of $15M from Neurocrine Biosciences in the form of a $6.75M payment in cash and a $8.25M equity investment at a Xenon per share price of $31.855, calculated as a 15% premium to Xenon's 30-day trailing volume weighted average price.
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SJR RCI | Hot Stocks08:04 EST Shaw Communications expects closing of Rogers transaction in 1H22 - sjrOn March 15, 2021, Shaw announced that it entered into an arrangement agreement with Rogers Communications, under which Rogers will acquire all of Shaw's issued and outstanding Class A Participating Shares and Class B Non-Voting Participating Shares in a transaction valued at approximately $26 billion, inclusive of approximately $6 billion of Shaw debt. Holders of Class A Shares and Class B Shares will receive $40.50 per share in cash. The Shaw Family Shareholders will receive 60% of the consideration for their shares in the form of Class B Non-Voting Shares of Rogers on the basis of the volume-weighted average trading price for the Rogers Shares for the 10 trading days ending March 12, 2021, and the balance in cash. The Transaction is being implemented by way of a court-approved plan of arrangement under the Business Corporations Act. At the special meeting of Shaw shareholders held on May 20, 2021, the Company obtained approval of the plan of arrangement by the holders of Shaw's Class A Shares and Class B Shares in the manner required by the interim order granted by the Court of Queen's Bench of Alberta on April 19, 2021. On May 25, 2021, the Court of Queen's Bench of Alberta issued a final order approving the plan of arrangement. The Transaction remains subject to other customary closing conditions including approvals from certain Canadian regulators. Shaw and Rogers are working cooperatively and constructively with the Competition Bureau, Innovation, Science and Economic Development Canada and the Canadian Radio-television and Telecommunications Commission in order to secure the requisite approvals. Subject to receipt of all required approvals and satisfaction of all closing conditions, closing of the Transaction is expected to occur in the first half of 2022.
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IMAB | Hot Stocks08:03 EST I-MAB: First patient dosed in China Phase 2 efineptakin/pembrolizumab study - I-Mab announced that the first patient had been dosed in its China phase 2 study of efineptakin alfa in combination with pembrolizumab in patients with advanced solid tumors. The study will follow a "basket" trial design to include selected tumor types, including triple-negative breast cancer and squamous cell cancer of the head and neck.
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ECOR | Hot Stocks08:03 EST electroCore's nVNS device receives Breakthrough Designation from FDA - electroCore announced that its gammaCore non-Invasive Vagus Nerve Stimulation, nVNS, device has received Breakthrough Designation from the U.S. Food and Drug Administration, FDA, for the treatment of posttraumatic stress disorder after showing a reduction of symptoms of PTSD by 31% when compared to sham. The Breakthrough Device Designation was supported, in part, by research from an Emory-Georgia Tech team led by J. Douglas Bremner, M.D. and Omer Inan, Ph.D. Their research shows nVNS blocks sympathetic and inflammatory responses to memories of traumatic events in patients with PTSD, modulates brain responses to traumatic memory, and reduces symptoms of PTSD by 31% when compared to a sham stimulation.
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PLNT | Hot Stocks07:55 EST Planet Fitness says ended FY21 with 15.2M members - In its press release yesterday announcing the $800M acquisition of 114 locations from top franchisee, Sunshine Fitness, Planet Fitness also provided an update on its preliminary year-end metrics, stating the company: "ended FY21 with 15.2M members, an increase of 1.7M members over the past 12 months. In 2021, 132 new stores were opened, and the company ended the year with 2,254 stores worldwide. Currently, 98% of Planet Fitness' stores are open including 100% of domestic locations." CEO Chris Rondeau stated: "We exceeded our expectations for both member and new store growth in 2021. The silver lining of the pandemic is that it opened people's eyes to the importance of fitness and overall health, and we're seeing members who are visiting our stores are visiting more frequently than in the past, demonstrating their commitment to improving their health. There is tremendous long-term untapped opportunity for our brand to get people off the couch, which is why, as a leader in the fitness industry, we are making this strategic investment for the future."
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FLMN | Hot Stocks07:51 EST Desert Peak Minerals, Falcon Minerals to combine in all-stock transaction - Desert Peak Minerals and Falcon Minerals announced that they have entered into a definitive agreement to combine in an all-stock transaction which values the combined enterprise at $1.9B. The combination is expected to create a mineral and royalty company with a significant footprint in the Permian Basin and Eagle Ford. The combined company will remain focused on consolidating high-quality mineral and royalty positions in the Permian Basin while optimizing its existing asset base. The combined company will adopt a governance and compensation model. The components include a capital allocation model balanced between return of capital to shareholders and reinvestment for growth; aligning management with shareholders through compensation and other factors. Management will not receive cash incentive compensation, and the majority of equity incentive compensation will be determined by absolute total shareholder return over a three-year period. The combined company will be managed by the Desert Peak team and led by Desert Peak's current CEO, Christopher Conoscenti. Noam Lockshin, a Partner at Kimmeridge, Desert Peak's and the combined company's largest equityholder, will serve as chairman of the board of directors. Following closing, the new board of directors will consist of eight members, who are currently expected to be: Noam Lockshin, Christopher Conoscenti, Erik Belz, Allen Li, Claire Harvey, Steven Jones, Morris Clark and Alice Gould. At the closing, Desert Peak will become a subsidiary of Falcon's operating partnership, or OpCo. The combined company will retain Falcon's "Up-C" structure, and Desert Peak's equityholders will receive 235M shares of Class C common stock, which number shall be adjusted in connection with the reverse stock split described below, with voting rights in the combined company and a corresponding number of limited partner units representing economic interests in OpCo. Desert Peak's equityholders may receive additional equity consideration, subject to certain exceptions, to the extent that, at the closing, Desert Peak's net debt is less than $140M. Upon completion of the transaction, assuming no adjustments to the equity consideration for Desert Peak's net debt, Desert Peak's equityholders will own approximately 73% and existing Falcon shareholders will own approximately 27% of the combined company. Based on the closing price of Falcon's Class A common stock of $5.45 on January 11, the combined company, including the value of OpCo limited partnership units not owned by Falcon, will have an initial equity market capitalization of approximately $1.76B and enterprise value of approximately $1.92B, including Class A and Class C common stock. Immediately prior to the closing of the transaction, subject to the approval of Falcon's shareholders, Falcon will execute a 1-for-4 reverse stock split. After giving effect to the reverse stock split and the proposed merger, the aggregate number of shares of Class A and Class C common stock outstanding is expected to be approximately 80M shares. The combination was approved by a Transaction Committee of Falcon's board comprised solely of disinterested directors, by the Falcon board and by Desert Peak's equityholders. The transaction is expected to close in the second quarter of 2022, subject to the approval of Falcon shareholders, certain regulatory approvals and satisfaction of other customary closing conditions. Blackstone, which currently owns 40.6% of the voting power of Falcon, has entered into a support agreement obligating it to vote in favor of the transaction.
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VSQTF | Hot Stocks07:47 EST Victory Square's Stardust Solar provides corporate update - Victory Square Technologies provides a corporate update on its renewable energy company Stardust Solar. Highlights: Solar Network of over 2,000+ trained professionals in Canada and USA; One of the Biggest Renewable Energy Education providers in Canada; Recently Acquired the Canadian Solar Institute; Training Courses in Solar PV Installation, EV Charger Installation, Solar Hot Water, Wind Energy, and Wave Energy; CSA and NABCEP approved training for those entering the renewable energy industry; Solar PV Installation Franchise Model; 12 Franchise Territories sold or reserved: Vancouver, BC, Richmond, BC, Surrey, BC, Coquitlam, BC, Kamloops, BC, Edmonton, AB, Red Deer, AB, Barrie/Muskoka, ON, York, ON, Durham, ON, and Halifax, NS, P.E.I.; SUNPOWER National Residential Dealer Agreement in Canada; Future Proprietary Products in research and development; Solar Panel Recycling Plant; Environmental Panels; Environmental Pledge - 10 trees planted in a country affected by deforestation for every solar panel installed, and 25 trees planted for every solar student certified; Company gained 8 new franchisees in 2021 and is preparing to add 20 more franchisees in 2022; Stardust Solar received the Consumer Choice Award for "Best Solar Energy Company"; Aiming for a public listing in 2022. "We are preparing to add 15-20 more franchisees this year and we will begin expansion into the USA. We project approx. 5 of our 20 new franchisees signed next year will be in the USA," said Mark Tadros, CEO of Stardust Solar.
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FLMN | Hot Stocks07:40 EST Falcon Minerals trading halted, news pending
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ARWR | Hot Stocks07:38 EST Arrowhead begins Phase 3 ARO-APOC3 PALISADE study for FCS treatment - Arrowhead Pharmaceuticals announced that it has dosed the first patients in the PALISADE study, a Phase 3 clinical study to evaluate the efficacy and safety of ARO-APOC3 in adults with familial chylomicronemia syndrome FCS. ARO-APOC3 is the company's investigational RNA interference, RNAi, therapeutic that is designed to inhibit the production of apolipoprotein C3, APOC3, a key regulator of triglyceride metabolism. ARO-APOC3 is currently being investigated in multiple clinical studies, including the Phase 3 PALISADE study in patients with FCS, the Phase 2b SHASTA-2 study in patients with severe hypertriglyceridemia SHTG, and the Phase 2b MUIR study in patients with mixed dyslipidemia. Javier San Martin, M.D., chief medical officer at Arrowhead, said: "Initiating the Phase 3 PALISADE study is an important milestone for the ARO-APOC3 program, for patients with FCS, and for Arrowhead. Patients with genetically defined FCS, and those who are phenotypically similar, tend to have extremely high triglycerides, which can lead to an elevated risk of recurrent and painful bouts of pancreatitis. These patients currently have very limited treatment options. In the previously conducted Phase 1/2 clinical study of ARO-APOC3 in 4 genetically confirmed FCS patients, ARO-APOC3 treatment led to a maximal mean reduction in APOC3 of up to 98%, a maximal median decrease in triglycerides of up to 91% and was generally well-tolerated. These changes are similar to those observed in 26 participants that had SHTG and similar baseline triglyceride levels but did not carry biallelic mutations consistent with FCS. These results were presented in November 2021 at the American Heart Association Scientific Sessions meeting1. We look forward to investigating ARO-APOC3 in the larger Phase 3 PALISADE study to further assess its efficacy and safety."
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CYT | Hot Stocks07:37 EST Cyteir Therapeutics doses first patient in CYT-0851 trial - Cyteir Therapeutics announced that the first patient has been dosed in a Phase 1 trial evaluating CYT-0851 in combination with three standard-of-care chemotherapy regimens in both hematologic malignancies and solid tumors.
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ERJ | Hot Stocks07:35 EST Embraer, Aernnova announce new strategic partnership in Evora - Embraer and Aernnova, an international reference company in the supply of aerostructures, announced a strategic partnership for Embraer Metalicas and Embraer Compositos industrial units, located in the Aeronautical Industry Park of Evora, Portugal. The transaction contemplates the sale of all shares of company's wholly owned subsidiaries to Aernnova for the reference price of $172M, subject to adjustments on the closing date. The agreement aims to increase the production of the centers of excellence, which operation has a strategic importance for the current and future products of Embraer. Under the terms of the partnership, Aernnova assumes the operation of the industrial plants in Evora at the same time as it signs a supply agreement to secure current production packages for Embraer aircraft. This agreement strengthens the Aernnova's position as a tier 1 supplier for single aisle aircraft and improves its presence in the executive and defense aerospace markets. Evora facilities activity will add around $170M to Aernnova's revenues figure. The industrial capacity at Evora plants will also allow Aernnova to further expand Evora current activities with new contracts either from Embraer or other aircrafts manufacturers. The closing of the transaction is subject to the completion of certain conditions which the parties expect to accomplish in the first quarter.
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CRNX | Hot Stocks07:33 EST Crinetics to present corporate, clinical update at JPM Healthcare Conference - Crinetics Pharmaceuticals announced that Scott Struthers, Ph.D., founder & CEO of Crinetics, will provide a company update at the 40th annual J.P. Morgan Healthcare Conference today, Wednesday, January 12th at 4:30 PM Eastern Time / 1:30 PM Pacific Time. During his presentation, Dr. Struthers will discuss Crinetics' key priorities and anticipated milestones for 2022. These include: Continued progress in the two ongoing Phase 3 PATHFNDR trials of paltusotine in acromegaly. Both trials remain on track and topline data is expected in 2023. The initiation of patient dosing in a Phase 2 trial of paltusotine in patients with carcinoid syndrome associated with neuroendocrine tumors, which is expected in 2022. Reporting Phase 1 multiple ascending dose data for CRN04894, an investigational, oral, nonpeptide adrenocorticotropic hormone antagonist being developed for the treatment of Cushing's disease and congenital adrenal hyperplasia, which is expected in 1Q 2022. The initiation of a Phase 2 trial of CRN04894, which is expected in 2H 2022. Reporting Phase 1 MAD data for CRN04777, an investigational, oral, nonpeptide somatostatin receptor type 5 agonist being developed for the treatment of congenital hyperinsulinism, which is expected in 1Q 2022. The initiation of a Phase 2 trial of CRN04777, which is expected in 2H 2022. The initiation of IND-enabling studies for a parathyroid receptor type-1 antagonist, which is expected in 2022. Target indications for this program potentially include hyperparathyroidism and humoral hypercalcemia of malignancy.
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AXON | Hot Stocks07:33 EST Axon: Dutch National Police to equip officers with Taser CEDs - Axon announced that the Dutch National Police will equip officers in basic policing across the country with TASER conducted energy devices as a critical safety and de-escalation tool to safely handle situations and reduce injuries to officers and the public. Shipment began last year, and the DNP will deploy TASER X2 CEDs to officers throughout 2022. In order to support the DNP throughout the contract period, Axon has entered into a long-term partnership with Technisch Bureau H.A. Muller B.V. in the Netherlands.
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ZLAB | Hot Stocks07:32 EST Zai announces first patient treated in Greater China in PANOVA-3 Phase 3 trial - Zai Lab Limited announced treatment of the first patient in Greater China in the PANOVA-3 trial, a Phase 3 pivotal trial of Tumor Treating Fields in patients with pancreatic cancer. "Pancreatic cancer is a common, highly aggressive form of gastrointestinal cancer, with an estimated five-year survival rate of only about 7% in China," said Alan Sandler, M.D., President, Head of Global Development, Oncology, at Zai Lab. "As the majority of cases have progressed to an advanced stage, there remains an urgent clinical need for more effective treatment options. Tumor Treating Fields has already been approved in the U.S. for glioblastoma and mesothelioma and in China for glioblastoma, and we believe that it represents a promising therapeutic approach for patients with pancreatic cancer as well." PANOVA-3 is a Phase 3 trial evaluating the efficacy of Tumor Treating Fields administered concomitantly with gemcitabine and nab-paclitaxel as front-line treatment for patients with unresectable, locally advanced pancreatic cancer.
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QIPT | Hot Stocks07:32 EST Quipt Home Medical announces passing of board member Eugene Ewing - Quipt Home Medical is regrettably announcing the passing of Eugene Ewing, Independent Board Member and Chair of the Audit Committee. Prior to Mr. Ewing passing, the Board of Directors began the process of identifying highly qualified candidates for addition to the Board, and currently has a short list of candidates. The Board is focused on identifying a candidate to fulfill the role of Independent Director and Chair of the Audit Committee.
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HHC | Hot Stocks07:18 EST Howard Hughes names Carlos Olea as CFO, effective January 12 - Howard Hughes announced that Carlos Olea has been appointed as the company's CFO, effective January 12. Olea becomes CFO at a time of escalating growth and strong financial performance across the company's acclaimed portfolio of large-scale master planned communities and mixed-use properties. Olea has been with The Howard Hughes Corporation since 2017 and has served as the company's Chief Accounting Officer since 2019, overseeing the financial accounting strategy for the nation's largest portfolio of MPCs during a time of outstanding growth. Prior to joining HHC, Olea served as Chief Accounting Officer at Carr Properties, a Washington, D.C.-based owner-operator and developer.
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FNA | Hot Stocks07:15 EST Paragon 28 acquires Disior Oy for $18M - Paragon 28 announced the acquisition of Disior Oy, a three-dimensional analytics pre-operative planning software company based in Helsinki, Finland, focused on the foot and ankle anatomy. Disior will be a component to Smart 28, the company's ecosystem of enabling technologies for pre-operative planning, intra-operative support, and post-operative evaluation. Disior's anatomy-specific surgical modules will provide foot and ankle surgeons the objective data needed for the diagnosis and creation of patient-specific surgical plans, and assessment of patient outcomes. Pursuant to the terms of the acquisition agreement, Paragon 28 paid $18M at closing and agreed to potential future payments of up to $8M contingent upon achieving specific technological advancements and commercial milestones. Paragon 28 funded the closing payment by drawing down on its existing term loan facility.
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GLDG | Hot Stocks07:14 EST GoldMining's La Mina Project receives positive Preliminary Economic Assessment - GoldMining announced results of a positive Preliminary Economic Assessment - PEA - on the La Mina Project located in Antioquia, Colombia. The PEA provides a base case assessment for a mining operation with additional potential available through proposed exploration of the adjacent La Garrucha deposit. The Project would produce over 1 million gold equivalent ounces over a 10.4-year mine life. Production averaging 102,000 gold equivalent ounces per year over the fully operating years. The Project would produce over 165 million pounds of copper and over 600,000 ounces of silver. The Project generates a pre-tax net present value - NPV - of $340M at a 5% discount rate and an after-tax NPV of $232M with an internal rate or return of 14.5% using metal prices of $1,600 per ounce gold, $21 per ounce silver and $3.39 per pound copper. After-tax unit cash cost of $497 per gold ounce and All-In Sustaining Cost of $698 per gold ounce. Reports low capital intensity of $299.5M with a 10,000 ton per day concentrator fed by a low strip ratio open pit mining operation.
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DGHI | Hot Stocks07:12 EST Digihost announces restatement of 3Q21 financial statements - The Company also announces a restatement and reissue of its interim unaudited financial statements for the three and nine months ended September 30, 2021, as well as a restatement and reissue of the accompanying MD&A for the three and nine months ended September 30, 2021. As a result of a reassessment of existing timing differences, management determined that a deferred tax provision of $1,498,085 should be recorded as an expense for Q3 2021, increasing the Company's total long-term deferred tax liability to $2,073,709 at quarter end. The Company's deferred tax balance relates primarily to timing differences between accounting and tax reporting related to the recording of depreciation expense on the Company's property, plant, and equipment, unrealized gains and losses on digital currencies and share based compensation. The deferred tax provision recorded by the Company in the Amended Interim Statements is a non-cash charge for fiscal 2021 and is recorded on the Company's balance sheet as a long-term, deferred tax liability. This deferred tax provision is an estimate of potential future taxes payable with the timing of payment being indeterminable as of September 30, 2021. The Company has sufficient tax attributes available to offset taxable income generated during the nine month period ended September 30, 2021. As a result of the updates to the Amended Interim Statements, the Company had a net loss of $771,154, compared to the previously reported net income of $762,931, for the three months ended September 30, 2021, and had a net loss of $977,046, compared to the previously reported net income of $521,039, for the nine months ended September 30, 2021. Furthermore, at September 30, 2021, total liabilities were $7,501,696, rather than the previously reported $5,493,626, and total shareholders' equity was $66,978,402, rather than the previously reported $68,986,473. The restatements had no impact on the Company's record revenue from digital currency mining, gross profit, operating income, EBITDA or adjusted EBITDA for both the three and nine months ended September 30, 2021, on the Company's cash flows for the nine months ended September 30, 2021 or on the Company's cash or total assets at September 30, 2021.
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IMV MRK | Hot Stocks07:10 EST IMV Inc. announces first patient dosed in VITALIZE trial - IMV Inc. (IMV) announced a first patient dosed in the VITALIZE Phase 2B clinical trial. VITALIZE will further evaluate the clinical benefit of IMV's lead compound, maveropepimut-S, in combination with Merck's (MRK) anti-PD-1 therapy, Keytruda, in patients with relapsed/refractory diffuse large B cell lymphoma. The contribution of low dose cyclophosphamide as an immune modulator will also be evaluated in this trial.
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DGHI BTC | Hot Stocks07:10 EST Digihost mines 172 bitcoin in Q4 - Digihost Technology is pleased to provide unaudited Bitcoin production updates for the quarter and month ended December 31, 2021. The Company mined approximately 108.11 more BTC in Q4 2021, compared to Q4 2020, representing an increase of approximately 168%. Using the December 31, 2021 and December 31, 2020 closing BTC prices, the value of the Company's BTC mined in Q4 2021 increased by approximately $6.6 million, or 328% compared to Q4 2020. Production Highlights for December 2021: Mined 61.53 BTC during the month, increasing total holdings to 631.86 BTC valued at approximately $29.3 million as of December 31, 2021, based on a BTC price of $46,306. Total Ethereum holdings of 1,000.89 ETH valued at approximately $3.7 million as of December 31, 2021, based on an ETH price of $3,683. Total digital asset inventory value consisting of BTC and ETH of approximately $33 million as of December 31, 2021. Year-to-date deposits of approximately $34.5 million on equipment and infrastructure targeted to be installed in Q1 2022 pertaining to the Company's BTC mining operations. During the month of December, the Company received 2,480 new, technologically advanced, high-performance M30 BTC miners for use in its mining operations. The Company's current hashrate was approximately 415PH at December 31, 2021 and is expected to increase to approximately 1.2EH by the end of Q1 2022.
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CSTL | Hot Stocks07:09 EST Castle Biosciences publishes sequencing panel study for melanoma analysis - Castle Biosciences announced the publication of a study demonstrating that the combined application of DecisionDx-UM, DecisionDx-PRAME and DecisionDx-UMSeq allows for highly accurate analysis of RNA and DNA from a single biopsy sample for patients with uveal melanoma. DecisionDx-UMSeq is Castle's 7-gene test that uses next-generation sequencing, NGS, to identify somatic mutations relevant to uveal melanoma. The sequencing panel identifies hotspot mutations in the genes GNAQ, GNA11, CYSLTR2, PLCB4 and SF3B1, mutations in exons 1-2 of EIF1AX and mutations across all coding exons of the BAP1 gene. This information, together with results from the DecisionDx-UM gene expression profile, GEP, test, is designed to help build a comprehensive genomic profile of an individual UM tumor from a single biopsy, which can then be used to inform patient care. DecisionDx-UM is Castle's 15-GEP test that uses an individual patient's tumor biology to predict individual risk of metastasis. DecisionDx-UM is the standard of care in the management of newly diagnosed UM in the majority of ocular oncology practices in the United States.
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CLBT AMZN | Hot Stocks07:09 EST Cellebrite joins AWS Partner Network as an Advanced Technology Partner - Cellebrite (CLBT) announced that it has joined the AWS Partner Network, APN, as an Advanced Technology Partner and is providing Cellebrite Guardian, an investigative digital evidence management solution designed specifically for investigators, examiners, and attorneys, on Amazon (AMZN) Web Services, AWS. Cellebrite Guardian is the latest offering in Cellebrite's end-to-end investigative DI Platform designed to help public safety agencies and enterprises modernize their investigative workflow. Leeor Ben-Peretz, Chief Strategy Officer at Cellebrite, commented: "Introducing new market-leading DI solutions in the cloud is a significant area of focus for Cellebrite. The AWS Partner Network will enable us to scale quickly and meet growing customer demands for cloud-based investigative solutions."
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BBKCF BBTVF | Hot Stocks07:08 EST Bigg Digital Assets' Netcoins partners with BBTV to launch Pay To Crypto - BIGG Digital Assets (BBKCF), owner of Netcoins, is pleased to announce a non-exclusive partnership with BBTV Holdings (BBTVF) to launch Pay To Crypto, a premium solution to pay BBTV creators in cryptocurrencies. BBTV is a global media and technology company headquartered in Vancouver, Canada. The Company's mission is to help content creators become more successful. With creators ranging from individuals to global media brands, BBTV provides comprehensive, end-to-end solutions to increase viewership and drive revenue powered by its innovative technology, while allowing creators to focus on their core competency - content creation. In January 2021, BBTV had the second most unique monthly viewers among digital platforms, with more than 600 million globally who consumed more than 50 billion minutes of video content, the most among media companies. By leveraging Netcoins' Restricted Dealer License, as a legal and regulated Crypto Trading Platform in Canada, BBTV will be able to quickly and seamlessly pay their content creators in crypto. This offering uses Netcoins Platform as a Service model, whereby Netcoins enables 3rd party partners to enter the crypto economy for faster and easier payments or trading, with their own customer base.
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CDNA | Hot Stocks07:07 EST CareDx announces publication from study on AlloSure Kidney - CareDx announced the publication of results from a large, multicenter prospective study showing that AlloSure Kidney is an early and accurate measure of allograft injury in routine organ transplant surveillance, and is able to predict long-term graft survival outcomes. The ADMIRAL study, Assessing AlloSure Dd-cfDNA Monitoring Insights of Renal Allografts With Longitudinal Surveillance, monitored 1,092 kidney transplant patients, in a real-world setting, from seven transplant centers. The study results published in Kidney International showed that AlloSure Kidney can be: Used in both subclinical and clinical rejection; Predictor of de novo donor-specific antibody formation; Leading indicator of donor-specific antibodies; Superior to serum creatinine; and Used to identify estimated glomerular filtration rate decline
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BGRY | Hot Stocks07:05 EST Berkshire Grey introduces Reverse Logistics solution - Berkshire Grey introduced its Reverse Logistics solution to help retailers accelerate the resale of returned goods and improve labor utilization in the returns process. Projections indicate that by the end of January, consumers will return approximately $120 billion of goods following the holiday season, creating a significant inventory and cost challenge for retail. By implementing Berkshire Grey's Reverse Logistics solution for returns processing, eCommerce providers and retailers can reduce the time to recirculate returned items back onto the shelf and optimize labor productivity, ultimately improving profitability.
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PHRRF | Hot Stocks07:04 EST PharmaTher announces FDA approval of IND application for ketamine to treat ALS - PharmaTher announced that the U.S. Food and Drug Administration has accepted an investigator-initiated investigational new drug, IND, application to proceed with a Phase 2 clinical trial evaluating ketamine in the treatment of Amyotrophic Lateral Sclerosis, ASL, also known as Lou Gehrig's disease. The IND follows the FDA granting orphan drug designation for ketamine in treating ALS to PharmaTher. Assuming the Study is positive, the Company will request a meeting with the FDA to discuss its plan and obtain an agreement to move to a Phase 3 clinical study and accelerated marketing approval. The Phase 2 clinical trial is a multiple ascending dose study of ketamine. The primary endpoint is the proportion of participants at each ketamine dose with dose limiting toxicities at 12 weeks and 24 weeks. Secondary endpoints include changes from baseline in participant plasma neurofilament-light chain; change in slope of the ALS Functional Rating Scale-Revised; changes from baseline in percentage of subjects with depression as measured by the PHQ-9; change in slope of manual muscle strength testing; and change in slope of forced vital capacity.
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ERJ | Hot Stocks07:04 EST Embraer to sell subsidiaries EEM, EEC to Aernnova Aerospace for $172M - Embraer, in compliance with CVM Resolution 44/2021, informs its shareholders and the market that on January 11, the company, through its subsidiary Embraer Portugal S.A., entered into a binding contract for the sale of all of the shares of its wholly-owned subsidiaries Embraer Portugal Estruturas Metalicas S.A. and Embraer Portugal Estruturas em Compositos S.A. to Aernnova Aerospace, SAU, headquartered in Spain, for the reference price of $172M, subject to the usual adjustments for this type of transaction on the closing date. EEM and EEC are currently dedicated to supplying certain components used in the manufacture of aircraft by the company and by Embraer Executive Aircraft, LLC. The company hereby informs that, after the closing of the Transaction, Aernnova will undertake the operation of EEM's and EEC's industrial plants and will ensure the level of production and supply of such components for Embraer aircraft portfolio. The Transaction, which has been unanimously approved by the company's board of directors, is expected to close in the first quarter, following the fulfillment of certain conditions precedent.
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DCBO | Hot Stocks07:03 EST Docebo appoints Enis Konuk as chief product officer - Docebo announced that Enis Konuk would join the company as its new chief product officer, effective February 26. Prior to his role as the leader of Learning Technologies at Good Cloud, Konuk was the CEO of Qwiklabs, a company he founded in 2012.
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ATAI | Hot Stocks07:02 EST atai Life Sciences' IND for PCN-101 approved by FDA - atai Life Sciences announced that the FDA has given Investigational New Drug - IND - clearance to conduct a clinical DDI study of PCN-101 - R-ketamine -. atai plans to initiate the study early this year through its platform company Perception Neuroscience. The properties of PCN-101 could offer a differentiated profile to currently available antidepressants and address key patient needs, including the potential of rapid action and anti-suicidal effect. R-ketamine has demonstrated the potential to offer longer durability and a potentially more favorable safety and tolerability profile than S-ketamine, which could enable the potential for at-home use. An estimated 100 million people live with TRD globally, representing a third of people with depression. This clinical DDI trial will advance alongside an existing Phase 2a proof-of-concept trial in TRD, recently initiated in Europe. Additionally, atai anticipates running a bioavailability study in 2022. atai will use the results of the DDI study in conjunction with clinical pharmacokinetic data to advance the development of PCN-101 in TRD.
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AUMN | Hot Stocks06:56 EST Golden Minerals reports 2021 gold production of 14,449 oz - Golden Minerals reported production data from its Rodeo gold-silver mine - Durango State, Mexico - for Q4 and FY21. Rodeo's operation came online in mid-January 2021 and reached a steady state of throughput in April 2021. Summary production figures are as follows: payable gold production: 4,831 oz Au in Q4 and 14,449 oz Au in FY 2021 Au, beating annual production guidance of 12K-14K oz Au; payable silver production of 15,250 oz in Q4 and 51,058 oz in FY 2021, beating annual guidance of 25K-30K oz Ag; payable gold equivalent production of 5,028 AuEq oz in Q4 and 15,156 AuEq oz in FY21; average gold grades of 4.6 g/t Au in Q4 and 4.1 g/t in FY 2021 vs. Preliminary Economic Assessment life of mine average grade of 3.3.g/t; throughput processed: 466 tpd in Q4 and 409 tpd in FY 2021. Realized gold/silver prices were $1,784/oz Au in Q4 and $1,793/oz for FY 2021; $23.08/oz Ag in Q4 and $24.83/oz Ag in FY 2021. CEO Warren Rehn commented, "2021 was an exciting and successful year for Golden Minerals, as it marked our progression to junior gold-silver producer from exploration company based on our Rodeo Mine start-up and excellent production record. Exceeding our production guidance for the year is a testament to the success of our very capable mining team through the planning and execution stages of the mine start-up and into full production. We are well positioned to continue our growth strategy in 2022 based on our forecasted continued production from Rodeo and from the possible re-start of our Velardena mining operation."
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XYL | Hot Stocks06:56 EST Xylem names Dorothy Capers as General Counsel - Xylem announced the appointment of Dorothy Capers as Senior Vice President, General Counsel, effective February 7. Current General Counsel, Claudia Toussaint, has assumed the dual responsibilities of Chief Human Resources and Sustainability Officer, a newly combined position supporting the company's strategy to further integrate its human capital and ESG strategies. Capers will join Xylem's senior leadership team, reporting to Patrick Decker, President and CEO. Dorothy Capers has served as Executive Vice President, Global General Counsel and Corporate Secretary of the National Express Group, a transport provider, for the last four years, previously serving as General Counsel for the North America region.
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TCRR | Hot Stocks06:53 EST TCR2 Therapeutics names Rosemary Harrison as Chief Business and Strategy Officer - TCR2 Therapeutics appointed Rosemary Harrison as Chief Business and Strategy Officer where she will be responsible for supporting a range of activities including commercial strategy, operational planning, corporate partnerships and long-term growth opportunities. Prior to joining the company, Harrison was Senior Vice President of Corporate Development and Strategy at Trillium Therapeutics where she led its acquisition by Pfizer for $2.22B in November 2021. Before that, Harrison served in strategic and research roles within RA Capital Management and as Head of Rare Diseases at Imbria Pharmaceuticals.
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LAZ | Hot Stocks06:50 EST Lazard reports preliminary AUM approximately $273.7B as of December 31, 2021 - Lazard reported that its preliminary assets under management as of December 31, 2021 totaled approximately $273.7B. The month's AUM included market appreciation of $8.5B, net outflows of $3B and foreign exchange appreciation of $0.9B. Preliminary average assets under management for the quarter ended December 31, 2021 were $273.5B.
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WIT | Hot Stocks06:50 EST Wipro sees Q4 IT Services revenue $2.692B-$2.745B
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FAF | Hot Stocks06:49 EST First American to acquire Mother Lode Holding Company, terms not disclosed - First American announced the signing of an agreement for First American's acquisition of Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions with 17 operating subsidiaries throughout the U.S., including its principal subsidiary Placer Title Company. The closing of the transaction is subject to regulatory approvals and the satisfaction of customary closing conditions.
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PFE BNTX | Hot Stocks06:48 EST Pfizer reports 'positive' results from Phase 3 study of PREVNAR 20 - Pfizer (PFE) announced positive top-line results from a Phase 3 study describing the safety and immunogenicity of PREVNAR 20 in 570 adults in the United States 65 years of age or older when administered at the same time as the Pfizer-BioNTech (BNTX) COVID-19 Vaccine or when each vaccine was given with placebo. Responses elicited by PREVNAR 20 for all 20 serotypes were similar whether given with a dose of the Pfizer-BioNTech COVID-19 Vaccine or with placebo. Responses to a booster dose of the Pfizer-BioNTech COVID-19 Vaccine were also similar when given with PREVNAR 20 or given with placebo. The safety profile of co-administering PREVNAR 20 with a booster dose of the Pfizer-BioNTech COVID-19 Vaccine generally reflected that observed with the Pfizer-BioNTech COVID-19 Vaccine booster dose.
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ZYME | Hot Stocks06:47 EST Zymeworks Chief Medical Officer buys 5K shares of common stock - In a regulatory filing, Zymeworks said its Chief Medical Officer Neil Josephson bought 5K shares of common stock on January 7th in total transaction size of $71.4K.
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OCGN | Hot Stocks06:45 EST Ocugen, Bharat: COVAXIN booster shown to neutralize omicron, delta variants - Ocugen and its partner, Bharat Biotech, announced results from a study conducted at Emory University demonstrating that sera from subjects who received a booster dose of candidate vaccine COVAXIN six months after getting a primary two-dose series of COVAXIN neutralized the SARS-CoV-2 Omicron and Delta variants. Earlier studies demonstrated the neutralizing potential of COVAXIN against SARS-CoV-2 Variants of Concern Alpha, Beta, Delta, Zeta and Kappa. Sera samples from individuals who received a booster of COVAXIN were observed to be effective in neutralizing Omicron and Delta variants on a live virus neutralization assay. The neutralization activity of COVAXIN-boosted sera was comparable to what has been observed in mRNA vaccine-boosted sera against the Omicron variant. More than 90% of all individuals boosted with COVAXIN showed neutralizing antibodies. All participants received an initial two-dose schedule of COVAXIN at Day 0 and Day 28.
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JEF | Hot Stocks06:38 EST Jefferies Financial Group raises quarterly dividend to 30c per share - Richard Handler, CEO, and Brian Friedman, President said, "In light of our performance and prospects, as well as our limited need for incremental equity capital, our Board of Directors has increased our quarterly dividend to 30c per share, a 140% increase from two years ago. We will continue also to return capital to shareholders via share buybacks as well as, if financial conditions and circumstances permit, in-kind distributions or special cash dividends as we continue to wind down the legacy merchant banking portfolio." The dividend is payable on February 25 to record holders of Jefferies common shares on February 14.
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JEF | Hot Stocks06:36 EST Jefferies Financial Group raises quarterly dividend to 30c per share - Richard Handler, CEO, and Brian Friedman, President said, ""In light of our performance and prospects, as well as our limited need for incremental equity capital, our Board of Directors has increased our quarterly dividend to 30c per share, a 140% increase from two years ago. We will continue also to return capital to shareholders via share buybacks as well as, if financial conditions and circumstances permit, in-kind distributions or special cash dividends as we continue to wind down the legacy merchant banking portfolio."
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NGD | Hot Stocks06:36 EST New Gold reports Q4 production 111,574 gold equivalent ounces - Total production for Q4 was 111,574 gold equivalent ounces consisting of 81,072 ounces of gold, 214,030 ounces of silver and 14.2M pounds of copper. For the year, production was 418,933 gold equivalent ounces consisting of 286,921 ounces of gold, 867,961 ounces of silver and 61.7M pounds of copper. The company achieved the updated consolidated gold equivalent guidance range. "2021 was not without its challenges for New Gold, but we continued to execute on our plans, with the fourth quarter representing our strongest quarter of the year, allowing us to meet our updated consolidated gold equivalent production guidance", stated Renaud Adams, president and CEO. "Rainy River's fourth quarter production was up 16% compared to the third quarter, representing Rainy River's strongest quarter over the last two years, despite a 3-day mill shutdown in December, mainly driven by improved grade due to lower contribution from the East Lobe. At New Afton, the team was able to execute on its plans and achieved both gold and copper production guidance."
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BBBY | Hot Stocks06:35 EST Bed Bath & Beyond directors buy 33K shares of common stock - In regulatory filings last night, Bed Bath & Beyond disclosed that its director Joshua Schechter bought 6K shares, Chief Customer Officer Rafeh Masood bought 7K shares, CFO Gustavo Amal bought 15K shares, and Chief Merchandising Officer Joseph Hartsig bought 5K shares of common stock on January 7th in respective transaction sizes of $83K, $98K, $207K and $69K. Shares of Bed Bath & Beyond are up about 4% in pre-market trading.
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MSP | Hot Stocks06:35 EST Datto appoints Brooke Cunningham as Chief Marketing Officer - Datto has appointed Brooke Cunningham as new Chief Marketing Officer. Cunningham has worked at companies in software including Splunk, CA Technologies, SAP, and Qlik.
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JEF | Hot Stocks06:35 EST Jefferies Financial Group raises share repurchase plan to $250M - The company said, "Our Board of Directors has increased our share buyback authorization by $88 million back to a total of $250 million."
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QIWI | Hot Stocks06:33 EST Qiwi acquires Taxiaggregator SaaS platform - Qiwi has acquired Taxiaggregator, a SaaS platform that provides payment solutions and data analytics tool for taxi companies and taxi drivers. The platform allows drivers to see balances and order history from all aggregators consolidated in real time at a convenient interface. Qiwi and GuruTaxi launched its Taxiaggregator SaaS platform for taxi market back in 2019. Taxiaggregator platform serves about 2,800 taxi companies and more than 308 thousand drivers. The company's subsidiary, QIWI Technologies, acquired the platform and other intellectual property followed by the transfer of the client base and the team of the project. As a result, the company owns 80% of QIWI Technologies with the remaining 20% owned by the Founder of Taxiaggregator, Alexander Merzlikin. The deal was approved by the Board of Directors and expected to be finalized in Q1.
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APOG | Hot Stocks06:33 EST Apogee Enterprises raises dividend 10%, raises share repurchase authorization - Apogee Enterprises announced that its Board of Directors has declared a quarterly cash dividend of 22c per share, a 10% increase from its previous quarterly dividend rate of 20c per share. The dividend will be payable on February 15 to shareholders of record at the close of business on January 31. This marks Apogee's ninth consecutive year with a dividend increase, during which time the quarterly dividend has more than doubled, from 9c per share to 22c per share. Apogee's Board also increased the company's existing share repurchase authorization by 2M shares, bringing the total available share repurchase program to approximately 2.6M shares.
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LTRN | Hot Stocks06:12 EST Lantern Pharma expands collaboration with DTB of National Cancer Institute - Lantern Pharma announced it has expanded its collaboration agreement with the Developmental Therapeutics Branch, or DTB, of the National Cancer Institute, or NCI, of the National Institutes of Health. The expansion of this collaboration comes after identifying several gene signatures that predict a potential response of a patient's tumor to Lantern's drug candidates, LP-184 and LP-284. LP-184 is being pursued as a new therapy across a range of genetically defined solid tumors, including pancreatic cancer and Glioblastoma Multiforme. LP-184 was presented as a novel agent effective in GBM at Society of Neuro-Oncology in November of 2021. LP-284 is being developed as a new therapy for certain leukemias and lymphomas as presented for the first time in December at the 2021 ASH Annual Meeting.
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NVAX | Hot Stocks06:10 EST Novavax receives approval for Nuvaxovid COVID-19 Vaccine in South Korea - Novavax and SK bioscience announced that South Korea's Ministry of Food and Drug Safety, or MFDS, has approved a Biologics License Application, or BLA, from SK bioscience for Nuvaxovid COVID-19 Vaccine for active immunization in individuals 18 years of age and older for the prevention of COVID-19 caused by SARS-CoV-2. Nuvaxovid, Novavax' COVID-19 vaccine also known as NVX-CoV2373, is the first protein-based COVID-19 vaccine to be approved for commercial use in South Korea and will be manufactured and marketed in the country by SK bioscience.
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MVRS... | Hot Stocks06:10 EST DoorDash CEO Tony Xu to join Meta's board, Zuckerberg says - Mark Zuckerberg announced in a Facebook post that Tony Xu is joining Meta's (MVRS) board of directors. Xu is co-founder and CEO of DoorDash (DASH). Zuckerberg said: "I've always thought it's important to have great tech leaders on our board, and Tony has direct experience both running a tech company and solving complex challenges in commerce. I look forward to learning from Tony's perspective as we build towards the metaverse." Reference Link
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HYZN | Hot Stocks06:05 EST Hyzon Motors delivers 87 fuel cell powered heavy-duty vehicles in 2021 - Hyzon Motors announced the delivery of 87 fuel cell powered heavy-duty vehicles in 2021 under commercial sales agreements. These deliveries do not include any trial leases. The 2021 shipments exceeded the forecast of 85 fuel cell vehicle deliveries set by the company in February 2021, prior to the deteriorating global supply chain impacting the production plans of zero-emission and traditional vehicle suppliers alike. The company anticipates the 2021 financial results will reflect both lower average selling price per vehicle due to product mix and multi-year revenue recognition for the majority of sales, which will result in materially lower than forecast revenues and margins. The Company proactively shifted its deployment focus to Asia where average selling prices are approximately half of other regions. Global supply chain disruptions rocked many industries and sectors, with European and North American vehicle assembly particularly hard hit. The Hyzon vehicles delivered were heavy duty fuel cell truck models ranging in weight from 18 to 49 metric tons deployed for a variety of use cases. These applications include refuse collection with a leading European supplier of refuse collection vehicles, sewer cleaning with European municipalities, and heavy-duty use cases such as steel coil haulage with the largest steel company in the world. Additionally, the eight dump trucks that were deployed under trial leases in Foshan, a UN Hydrogen Demonstration City in China, are not included in the 87 vehicle deliveries.
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IMRN | Hot Stocks06:04 EST Immuron receives $3.43M award from Department of Defense for Travelan test - Immuron announced the funding of a new research agreement with the U.S Department of Defense. The focus of this new agreement is aimed at testing and confirming the efficacy of a single larger dose regimen of Travelan in a controlled human infection model clinical study using the enterotoxigenic Escherichia coli strain H10407. This single larger dosing regime is potentially more amenable for use in military populations. Results of the proposed clinical study will also inform on dosing in the pivotal Phase 3 registration trials for BLA licensure. A project kickoff meeting for this award has been scheduled for the end of January. Two company sponsored clinical studies have demonstrated that Travelan conferred 84%-90% protective efficacy against moderate to severe diarrhea upon challenge with ETEC in comparison to a placebo. Infectious diarrhea is the most common illness reported by US troops deployed overseas.
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TECK | Hot Stocks05:33 EST Teck Resources receives strike notice from USW Local 7619 - Teck Resources reported that strike notice has been received from the United Steelworkers, or USW, Local 7619, which represents 1,048 workers at Teck's Highland Valley Copper, or HVC, Operations in B.C. The strike notice entitles the union to potentially begin strike action following the 72-hour strike notice period and 48 hours after the mediator reports to the Labour Relations Board. The earliest that strike action could potentially commence is January 16.
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PHG | Hot Stocks05:30 EST Philips expands Respironics recall notification - Philips Respironics is increasing the field action provision by around EUR 225M, mainly due to the higher volume of devices now requiring remediation and increased supply costs. Philips Respironics expanded the scope to certain older devices in the interest of patients and in alignment with the relevant competent authorities and now expects to remediate a total of approximately 5.2M registered devices globally. "Patient well-being is at the heart of everything we do at Philips, and we aim to get a solution to patients as fast as possible," said Frans van Houten. "To date, Philips Respironics has produced a total of approximately 1.5 million repair kits and replacement devices, of which approximately 700,000 have reached customers. I am also encouraged by the positive VOC test results to date for the first-generation DreamStation devices, which we published in December 2021 [3]."
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IFF | Hot Stocks05:21 EST IFF announces new investments in starter culture development, technology - IFF announced new investments in next generation starter culture development and technology. These include a new collaboration with the Technical University of Denmark, or DTU, to develop tools that will support the development of next generation starter cultures, and a production capability expansion plan. The collaboration with the DTU National Food Institute aims to develop tools to improve the fitness of strains for plant-based materials, maximize synergies across strains and gain better insights into the complexity of these materials. This partnership will help to enhance IFF's existing portfolio of plant-based cultures. IFF will also make a significant investment to increase its production capabilities for plant-based starter cultures at its Dange-Saint-Romain facility in France. The scale-up will allow the company to continue to meet the increased demand for plant-based starter cultures with its existing range of solutions.
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HEPS INTC | Hot Stocks05:13 EST Hepsiburada, Intel launch DigitalSME - Hepsiburada (HEPS) and Intel (INTC) announced the launch of DigitalSME, a program providing support to small and medium-size enterprises, or SMEs, in Turkey. DigitalSME will enable businesses to develop their e-commerce technology infrastructure, accelerate their digital transformation, and strengthen their businesses. The program will expand access to the digital economy by providing tools for new SMEs and those moving into e-commerce by offering training, discounted hardware, software tools, and grants for HepsiAd, Hepsiburada's advertising platform.
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CANG | Hot Stocks05:11 EST Cango says Cango Haoche is driving sales - Cango announced that Cango Haoche, its B2B WeChat mini program providing automobile dealers with one-stop transaction, logistics, finance, and insurance services, is gaining traction with dealers and driving sales due to its new vehicle display function.
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