Stockwinners Market Radar for January 31, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

COIN

Hot Stocks

20:32 EST Cathie Wood's ARK Investment bought 34.5K shares of Coinbase today
SQ

Hot Stocks

20:31 EST Cathie Wood's ARK Investment bought 105K shares of Block today
TSLA

Hot Stocks

20:30 EST Cathie Wood's ARK Investment bought 42.1K shares of Tesla today
EFX

Hot Stocks

19:32 EST Equifax to acquire Efficient Hire - Equifax "announced that it has signed a definitive agreement to acquire Efficient Hire, a provider of cloud recruiting, onboarding and HR management solutions. This acquisition will enable Equifax Workforce Solutions to bring employers more of the services and insights they need to help them manage amidst a rapidly changing hiring and employment landscape. The transaction is subject to customary closing conditions and is expected to close in February 2022. The acquisition is not anticipated to have a material impact on Equifax's 2022 financial results."
IBRX

Hot Stocks

19:18 EST ImmunityBio announces 'promising' study results in HIV with Anktiva therapy - The company states: "ImmunityBio announced promising study results that demonstrate the activation of CD4+ and CD8+ T cells and natural killer cells in people living with HIV by ImmunityBio's IL-15 superagonist Anktiva. Anktiva stimulates latent HIV replication in CD4 memory cells allowing the previously hidden infected cells to be revealed and eliminated by CD8 and NK cells. This mechanism is key for killing cells that harbor latent virus, thereby reducing viral reservoirs in antiretroviral -suppressed HIV patients and ultimately ridding the body of the virus and the threat of re-activation. These positive clinical findings support ImmunityBio's "Kick-and-Kill" strategy to cure HIV. In both pre-clinical and clinical research, ImmunityBio's IL-15 superagonist Anktiva has exhibited three activities that could potentially help the immune system eliminate HIV reservoirs and control virus rebound. First, Anktiva has been shown to reverse HIV latency-whereby genetic code for the virus persists, but virus is not made, allowing the infected cells to evade detection and elimination by the immune system-by stimulating HIV replication within long-lived immune cells such as memory CD4 cells, allowing the infected cells to be recognized and cleared. Second, it activates NK cells and CD8+ T cells, two elements of the immune system that specialize in killing virus-infected cells. Third, it enables NK cells and CD8+ T cells to move to lymphoid tissues where they will encounter and have an increased likelihood of eliminating HIV-infected cells. "
HSON

Hot Stocks

18:30 EST Hudson Global CEO buys $43K in common stock - In a regulatory filing, Hudson Global disclosed that its CEO Jeffrey Eberwein bought 1.5K shares of common stock on January 31st in a total transaction size of $43.2K.
TMUS

Hot Stocks

18:23 EST T-Mobile invests nearly $3B in FCC's Auction 110 - T-Mobile announced it invested nearly $3B in the FCC's Auction 110, securing additional mid-band spectrum to further fuel its Ultra Capacity 5G network. The Un-carrier won an average of 21 MHz of mid-band spectrum in key areas home to 184M people across the US, which it will deploy to add additional depth to its already strong Ultra Capacity 5G, delivering even faster speeds and greater performance, the company said. "We're already delivering customers the largest, fastest, and most reliable 5G network, and we're always working to make the best 5G network even better," said Neville Ray, President of Technology at T-Mobile. "While Verizon and AT&T remain locked in a 5G race for second place, we'll use this additional spectrum to take our 5G network to the next level and deliver even greater 5G performance to our customers across the nation."
RCI

Hot Stocks

18:17 EST Rogers Communications names Glenn Brandt CFO - Rogers Communications announced that Glenn Brandt has been appointed Chief Financial Officer, effective today. Glenn brings 35 years of financial management experience to the role, including 30 years of career progression within Rogers across Treasury, Investor Relations and Corporate Development and most recently served as Senior Vice President, Corporate Finance. "Glenn is a highly regarded leader with deep industry experience as well as extensive experience in corporate finance, including raising capital and working with credit agencies," said Tony Staffieri, President and CEO. "His strong leadership as CFO will be integral as we work to successfully come together with Shaw, drive growth across our business, and maintain the strong balance sheet needed to invest for the future." Paulina Molnar will work with Glenn to ensure an effective transition of CFO responsibilities. "I want to thank Paulina for her terrific work as Interim CFO and look forward to her continued leadership across our organization as SVP Controller and Risk Management," added Mr. Staffieri.
GE BA

Hot Stocks

18:07 EST Qatar Airways signs order for GE9X engines to power Bowing 777-8 freighters - Qatar Airways today announced a new order for GE9X (GE) engines as part of its global launch order of up to 50 Boeing (BA) 777-8 Freighters. The commitment includes 30 GE9X engines and four GE90-115B engines, plus GE TrueChoice services. This order is in coordination of Qatar Airways' agreement for 34 firm 777-8 orders with an additional 16 purchase right options, and an additional order of two Boeing 777 Freighters. The total value of the order with GE is more than $6.8B list price, including spare engines and a TrueChoice services agreement to cover the maintenance, repair and overhaul of the engines.
SSRM

Hot Stocks

18:01 EST SSR Mining intends to increase 2022 base dividend by 40% - Rod Antal, President and CEO, said, "2021 was a year of operational and financial outperformance for SSR Mining as we showcased the quality and resiliency of our globally diversified business in an inflation-challenged landscape. We successfully delivered production at the top end of our guidance range and concurrently beat our reduced AISC guidance. This outperformance allowed SSR Mining to generate more than $400 million of free cash flow and drove peer leading shareholder returns of nearly $200 million over the course of the year, resulting in a 5%+ yield. We also executed a number of strategic transactions which increased our presence in core jurisdictions, while divesting non-core assets. When completed, these transactions will cumulatively realize over $235 million in total consideration for SSR Mining. As we look to the year ahead, we expect to deliver another year of stable and consistent production with a cost profile and capital intensity that ensures continued strong free cash flow generation and capital returns. While we were able to manage and offset inflationary pressures in 2021, we expect cost increases across the portfolio in 2022. These pressures reflect increases in consumables, energy prices, and wages in addition to capital deferrals from 2021. Despite these sector-wide inflationary headwinds, we intend to increase our 2022 base dividend by 40%, and will continue with our share buyback program implemented in 2021. We also look forward to beginning to delineate the value associated with some of our recent brownfield exploration success in our upcoming technical reports. As promised, in 2023 and 2024 we expect to maintain a stable production profile in excess of 700,000 gold equivalent ounces. The steady three-year production profile highlights the quality of our existing portfolio, and we expect to illustrate opportunities for longer-term step-change growth through our ongoing exploration programs."
SSRM

Hot Stocks

18:00 EST SSR Mining sees 2022 production of 700,000-780,000 gold equivalent ounces - In 2022, the company expects to sustain its strong and stable production base with consolidated production of 700,000 to 780,000 gold equivalent ounces at consolidated U.S. GAAP AISC of $1,120 to $1,180 per ounce. Beyond 2022, SSR Mining expects to maintain a production base in excess of 700,000 gold equivalent ounces in 2023 and 2024, showcasing a robust long term outlook without requirements for material capital investment. Following positive exploration results in the second half of 2021 at near-mine and greenfield growth projects including Cakmaktepe Extension, C2 Copper-Gold, Seabee, Copper Hill and Marigold, SSR Mining's 2022 exploration and resource development budget will increase by approximately 45% over 2021. The increased budget is expected to enable resource and reserve expansion and the acceleration of activities across SSR Mining's prospective exploration portfolio in Canada, U.S., Turkey and Argentina.
SSRM

Hot Stocks

17:59 EST SSR Mining reports 2021 production of 794,456 gold equivalent ounces - SSR Mining is pleased to announce full year 2021 production and costs as well as the company's outlook for 2022 to 2024. In 2021, SSR Mining's four operating assets produced 794,456 gold equivalent ounces, delivering strong fourth quarter performance of 211,140 gold equivalent ounces and approaching the top end of the company's guidance range of 720,000 to 800,000 gold equivalent ounces.
GABC

Hot Stocks

17:50 EST German American Bancorp announces new 1M share repurchase program - The company announced that its Board has approved a new share repurchase plan authorizing the repurchase of 1M shares, or approximately 4% of the company's total common shares outstanding as of December 31, 2021.
GABC

Hot Stocks

17:49 EST German American Bancorp raises quarterly dividend to 23c from 21c per share - Payable on February 20 to shareholders of record as of February 10.
CYRX

Hot Stocks

17:37 EST Cryoport reports fire damage at MVE's New Prague facility - Cryoport reports that on January 25, a fire occurred at the MVE Biological Solutions manufacturing facility located in New Prague, Minnesota. The New Prague facility manufactures aluminum dewars and is one of MVE Biological Solutions' three global manufacturing facilities. There were no injuries reported and damage was limited to a portion of the facility. As a consequence of the fire damage, the New Prague manufacturing operations will be curtailed on an interim basis until the necessary repairs are completed. The completion date for the repairs has not yet been determined, but the process is underway, to limit delivery delays of aluminum dewars manufactured in the New Prague facility to customers. While Cryoport anticipates that the reduced operations at the New Prague facility will adversely affect Cryoport's financial results for the first, and possibly second quarter, Cryoport does expect that a significant share of the loss resulting from the fire damage will be covered by its property and business interruption insurances. Cryoport continues to assess the impact of the fire on operations and will provide any further material updates on the situation as they become available.
CSWC

Hot Stocks

17:36 EST Capital Southwest raises dividend to 48c from 47c - On January 26 the Board declared a quarterly dividend of $0.48 per share for the quarter ended March 31.
LMT

Hot Stocks

17:33 EST Lockheed Martin awarded $101.88M Navy contract modification - Sikorsky Aircraft Corp., a Lockheed Martin company, was awarded a not-to-exceed $101.88M firm-fixed-price modification to a previously awarded contract. This modification adds scope to procure long lead items for full rate production, Lot 7, CH-53K aircraft. Work is expected to be completed in December. FY22 aircraft procurement funds in the amount of $101.88M will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
LMT

Hot Stocks

17:31 EST Lockheed Martin awarded $684.95M Navy contract modification - Sikorsky Aircraft, a Lockheed Martin company, was awarded a $684.95M fixed-price incentive modification to a previously awarded contract. This modification exercises options for the production and delivery of nine low rate initial production, Lot 6, CH-53K heavy lift aircraft, as well as associated aircraft programmatic and logistical support. Work is expected to be completed in July 2025. FY22 aircraft procurement funds in the amount of $684.95M will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
SONY

Hot Stocks

17:29 EST Discord gradually rolls out PlayStation Network connectivity - Communication app Discord said that, starting Monday, it is gradually rolling out the ability for PlayStation users to link their PlayStation Network account from Discord and display their PlayStation 4 or PlayStation 5 game activity in their user profile. Discord said in a blog post: "If you've ever connected your Discord account to another service that allows you to display your activity, it works similarly here: once your Discord account is linked, the game you're currently playing on either PS4 or PS5 will be shown as your activity, just like that!" Reference Link
NOC

Hot Stocks

17:29 EST Northrop Grumman to compete for orders on $750M Air Force contract - Northrop Grumman and Global Military Products will compete for each order of the $750M firm-fixed-price contract for special ammunition and weapons systems. Bids were solicited via the internet with 10 received. Work locations and funding will be determined with each order, with an estimated completion date of January 30, 2027. U.S. Army Contracting Command is the contracting activity.
LMT

Hot Stocks

17:27 EST Lockheed Martin awarded $1.42B Air Force contract - Lockheed Martin has been awarded a $1.42B indefinite-delivery/indefinite-quantity contract for the C-130J mission sustainment support effort. This contract provides for contractor logistics support and sustainment of the C-130J aircraft fleet. Work will be performed in Marietta, Georgia, and is expected to be completed by January 31, 2032. This award is the result of a sole source acquisition. FY22 operations and maintenance funds in the amount of $91,023,138 are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
KAVL

Hot Stocks

17:14 EST Kaival Brands receives noncompliance notification from Nasdaq - Kaival Brands announced that it has received notification from Nasdaq notifying the company that it is not in compliance with the requirement to maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5550 because the closing bid price of the company's common stock was below $1.00 per share for 30 consecutive trading days. The notification does not impact the listing of the company's common stock on Nasdaq at this time.
AMTB

Hot Stocks

17:09 EST Amerant Bancorp announces new $50M share repurchase program - Amerant Bancorp announced that it successfully completed its previously announced $50M buyback program for its shares of Class A Common Stock and further announced that the Board authorized a new share repurchase program, pursuant to which the company may purchase, from time to time, up to an aggregate amount of $50M of its shares of Class A common stock.
FCPT

Hot Stocks

17:04 EST Four Corners Property Trust acquires Truist Bank outparcel property for $1.1M - Four Corners Property Trust announced the acquisition of an outparcel property leased to Truist Bank for $1.1M. The property is located in a strong retail corridor in North Carolina and is corporate-operated under a triple net lease with 6 years of term remaining. The transaction was priced at a cap rate in range with previous FCPT transactions.
SI...

Hot Stocks

17:02 EST Silvergate acquires blockchain payment network assets from Diem - Silvergate Capital Corporation (SI) announced that it has acquired intellectual property and other technology assets related to running a blockchain-based payment network from the Diem Group, which was backed by Meta (MVRS;FB). The assets acquired by Silvergate include development, deployment and operations infrastructure and tools for running a blockchain-based payment network designed to facilitate payments for commerce and cross-border remittances. Included in the acquisition are proprietary software elements critical to running a regulatory-compliant stablecoin network. Under the terms of the asset purchase agreement, Silvergate has issued 1,221,217 shares of class A common stock to Diem and paid $50M in cash. Based on the closing price of SI on January 31, 2022, the aggregate value of the consideration was $182M. As part of integrating the acquired assets into Silvergate's existing technology, Silvergate expects to incur approximately $30M of additional costs in 2022.
INN

Hot Stocks

17:01 EST Summit Hotel Properties announces retirement of COO Craig Aniszewski - Summit Hotel Properties announced that Craig Aniszewski, its executive VP and COO, plans to retire from the company on March 1. Jonathan PStanner, the company's CEO, noted, "We are fortunate to have two highly qualified and experienced individuals being promoted as part of the succession plan for Craig. I look forward to continuing to work closely with Larry Trowbridge and Greg James to ensure a successful and seamless transition."
CVLT

Hot Stocks

16:58 EST Commvault director Bejar sells 9,000 common shares - In a regulatory filing, Commvault Systems director Martha Helena Bejar disclosed the sale of 9,000 common shares of the company on January 27 at a price of $67 per share.
WWR

Hot Stocks

16:55 EST Westwater Resources receives NPDES Permit - Westwater Resources announced it has received an NPDES Permit. The permit is required to commence site grading at the Coosa Graphite Processing Facility located near Kellyton, Alabama. The permit has been issued by the State of Alabama under the National Pollutant Discharge Elimination System, or NPDES, to ensure Westwater's construction efforts comply with the Federal Clean Water Act as it relates to regulated disturbances and any stormwater runoff from the Coosa Graphite Plant site. The permit, when coupled with the company's best management practices, allows Westwater to commence site grading activities at the Coosa Graphite Plant. Site grading activities, anticipated to begin in March, are those required to prepare for building construction.
FB

Hot Stocks

16:55 EST Meta debuts 3D avatars for Facebook, Messenger, NFL attire for avatars - Meta's Aigerim Shorman, General Manager for Avatars and Identity said in an afternoon blogpost on Monday: "Last year we overhauled Avatars in VR to make them more expressive, more customizable and more diverse - but we knew it was only the start. We've been hard at work since then, expanding Avatars so that they better reflect the billions of unique people on this planet. Today we're taking that further, adding new facial shapes and assistive devices for people with disabilities. We will also be adding limited-time shirts for NFL fans to outfit their avatars in and celebrate their favorite teams. We're beginning to roll out our updated 3D Avatars to Facebook and Messenger, and for the first time Instagram Stories and DMs. Starting today people in the United States, Canada, and Mexico can show up as their virtual self across apps via stickers, feed posts, Facebook profile pictures and more. VR and Quest are key parts of our metaverse vision, but we see the metaverse as an interconnected digital world, one that bridges VR and AR, in addition to more familiar platforms like your phone and computer. Rolling out avatars across our platforms is an early step towards making this a reality. We hope your new virtual self enables you to be represented online the way you want - whether that's to friends and family, your local community or beyond." Reference Link
XOS

Hot Stocks

16:41 EST Mobility solutions company Xos spikes over 10% in post-market trading - Shares of mobility solutions company Xos are up an additional 10% in after-hours trading, after a 11% move in regular trading, to $2.50 per share after announcing preliminary results for the quarter ended December 31: Deliveries of 32 units; Revenue of $3.1M. These results compare to the previously announced fourth quarter outlook of 15 to 25 unit deliveries and revenues of $1.7 to $3.0M provided in the Company's third quarter 2021 earnings release from November 11. "Our ramp up in deliveries as we moved through the fourth quarter at both our Byrdstown and Monterrey facilities demonstrates our ability to fulfill customer orders for our zero-emission vehicles and powertrains in the face of a global supply chain disruption," said Dakota Semler, Xos' Chief Executive Officer. "
AWH

Hot Stocks

16:39 EST Aspira Women's Health adds coverage to 465,000 people through Medicaid - Aspira Women's Health announced that it has entered into agreements to provide its testing services to Medicaid plan members in the state of New Hampshire and Washington, D.C equaling nearly a half million covered lives. The state of New Hampshire covers 200,000 lives and Washington D.C. covers 265,000 lives under their respective Medicaid programs. With the addition of these plans, Aspira is now credentialed to provide its OVA1 testing to nearly 80% of the Medicaid population in the U.S., totaling approximately 60M lives.
SRE

Hot Stocks

16:39 EST Mexico's FES, Sempra Infrastructure sign MOU for development of natgas projects - Mexico's Federal Electricity Commission, represented by its General Director Manuel Bartlett Diaz, and Sempra Infrastructure, a subsidiary of Sempra, represented by Tania Ortiz Mena, President of Sempra Infrastructure for Mexico, signed a non-binding memorandum of understanding for the development of important proposed projects, including Vista Pacifico LNG, a natural gas liquefaction project in Topolobampo, Sinaloa; a natural gas regasification project in La Paz, Baja California Sur; and the resumption of operations of the Guaymas-El Oro pipeline in Sonora. The development of these projects would allow CFE to optimize excess natural gas and pipeline capacity from Texas to Topolobampo in order to increase its natural gas supply to its power plants in Baja California Sur, to advance President Andres Manuel Lopez Obrador's commitment to supply the state with low-cost electricity and lower-emission fuels, and to promote economic growth and development of the region, with a view toward strengthening CFE's position in global LNG markets. The MOU also addresses the return to service of the Guaymas-El Oro pipeline in Sonora through a proposed re-routing based on mutual understanding between the Yaqui community and CFE through continued respectful dialogue. Through this new route, CFE would be able to supply natural gas to industrial, commercial and residential markets in the Pacific Coast of Mexico, Baja California Sur, as well as the Vista Pacifico LNG facility.
SJM

Hot Stocks

16:38 EST J.M. Smucker completes divestiture of natural beverage and grains businesses - The J.M. Smucker announced the closing of the transaction to divest its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at $110M, subject to a working capital adjustment. The company previously announced the signing of a definitive agreement on December 15, 2021. The transaction encompasses R.W. KnudsenandTruRoots assets and trademarks, and a licensing agreement for Santa Cruz Organic beverages. The transaction also includes the company's manufacturing and distribution facilities inChico, California, and Havre de Grace, Maryland. It does not includeSanta Cruz Organicnut butters, fruit spreads, syrups or applesauce. "With the close of this transaction, we are now able to increase our focus and resources on supporting our core brands to deliver continued growth," said Tina Floyd, Senior Vice President and General Manager, Consumer Foods. "We are confident in the continued momentum of our consumer foods strategy and excited about the opportunities to build on our leadership position."
BJRI MAR

Hot Stocks

16:37 EST BJ's Restaurants appoints Marriott executive to board - BJ's Restaurants (BJRI) announced the appointment of Julius Robinson to the company's board of directors as an independent director, effective January 28. Additionally, Robinson will serve as a member of the compensation committee of the board. The appointment of Robinson brings the total number of the company's board members to thirteen. Robinson currently serves as the chief sales and marketing officer for the United States and Canada at Marriott (MAR).
NVST

Hot Stocks

16:35 EST Envista and PDS extend implant and imaging commercial relationship - Envista Holdings and Pacific Dental Services, or PDS, announced the extension of their implant and imaging commercial relationship for an additional five years, and the expansion of this relationship to include Envista's Spark clear aligners. Over the past several years, PDS and Envista have invested resources to expand implant treatment capabilities to each of PDS' supported practices, training hundreds of clinicians, and creating a network that offers the latest tooth replacement solutions from Nobel Biocare.
EPAC

Hot Stocks

16:34 EST Enerpac Tool announces CFO transition plan - Enerpac Tool Group announced that Rick Dillon, who has served as the company's Executive Vice President and CFO since 2016, will depart from the Company to pursue new opportunities. To ensure a smooth transition, Dillon will remain as CFO through April 30 or such later date as Dillon and the Company may mutually agree. The Company has initiated a comprehensive search to identify Enerpac's next CFO, and has retained a leading executive search firm to assist with the process. The search process will consider both internal and external candidates for the role.
NVST

Hot Stocks

16:33 EST Envista and PDS extend implant and imaging commercial relationship - Envista Holdings and Pacific Dental Services, or PDS, announced the extension of their implant and imaging commercial relationship for an additional five years, and the expansion of this relationship to include Envista's Spark clear aligners. Over the past several years, PDS and Envista have invested resources to expand implant treatment capabilities to each of PDS' supported practices, training hundreds of clinicians, and creating a network that offers the latest tooth replacement solutions from Nobel Biocare.
NYT

Hot Stocks

16:33 EST Wordle to join New York Times Games - Wordle, Josh Wardle's popular daily word game, is joining The New York Times's portfolio of original puzzle games, The New York Times said on its website. At the time it moves to The New York Times, Wordle will be free to play for new and existing players, and no changes will be made to its gameplay. Wordle was acquired for an undisclosed price in the low-seven figures.
AIRI

Hot Stocks

16:31 EST Air Industries receives order for landing gear of US Air Force's B1-B - Air Industries Group announced that its Long Island-based subsidiary, Air Industries Machining Corp., has been awarded a contract to produce components for the landing gear of the US Air Force's B1-B. The contract value is approximately $1.9M with deliveries in 2023.
STLD

Hot Stocks

16:31 EST Steel Dynamics completes acquisition of 45% interest in New Process Steel - Steel Dynamics announced the completion of the acquisition of a minority equity interest in New Process Steel, L.P. New Process Steel is a metals solutions and distribution supply-chain management company headquartered in Houston, Texas. "This minority equity interest enables us to expand our exposure to value-added manufacturing opportunities, while continuing to serve our other long-standing flat roll steel customer needs." stated Mark D. Millett, Chairman and CEO. "New Process Steel has a reputation for high-quality standards and strong customer relationships. With Richard Fant and the New Process leadership team at the helm, we believe New Process will have a number of opportunities for value-added manufacturing growth. Steel Dynamics' focus remains on providing the highest quality steel and service to all of our customers, while creating innovative supply-chain solutions."
EPAC

Hot Stocks

16:31 EST Enerpac Tool announces CFO transition plan - Enerpac Tool Group announced that Rick Dillon, who has served as the Company's Executive Vice President and CFO since 2016, will depart from the Company to pursue new opportunities. To ensure a smooth transition, Dillon will remain as CFO through April 30 or such later date as Mr. Dillon and the Company may mutually agree. The Company has initiated a comprehensive search to identify Enerpac's next CFO, and has retained a leading executive search firm to assist with the process. The search process will consider both internal and external candidates for the role.
ACN

Hot Stocks

16:30 EST Accenture names Manish Sharma as COO, Jo Deblaere to retire - Accenture announced changes to its executive leadership team, naming a new COO and a new group chief executive of its Operations service. Each of these leaders exemplify Accenture's Leadership Essentials. Manish Sharma has been named chief operating officer, effective March 1, 2022, with responsibility for leading the company's business operations and executing business strategy, protecting the company's people and infrastructure and ensuring operational excellence, which includes the ongoing digital transformation of Accenture. Sharma most recently served as group chief executive - Operations. Jo Deblaere, who has served as chief operating officer since 2009, will continue in the position until March 1, 2022, and plans to retire on September 1, 2022. Yusuf Tayob has been named group chief executive - Operations, effective March 1, 2022. Currently, Tayob is market unit lead for the US Midwest.
VALN

Hot Stocks

16:29 EST Valneva announces start of booster vaccinations from Cov-Compare trial - Valneva announced the start of booster vaccinations in adult participants from its Phase 3 pivotal trial, Cov-Compare. This booster extension is intended to provide both homologous and first heterologous booster data to complement previous positive Phase 1/2 booster results. The data are not intended for the initial regulatory approval process which the Company expects to finalize in the coming weeks. The trial extension will evaluate a booster dose of VLA2001 in adults, aged 18 and above, who received primary vaccination with two doses of VLA2001, as well as participants, aged 30 and above, who received two doses of AstraZeneca's AZD1222. The VLA2001 booster vaccination will be given at least seven months after completion of the primary vaccination series. The trial is currently ongoing in the UK and is supported by the National Institute for Health Research . It is expected to provide topline data during the second quarter of 2022. Juan Carlos Jaramillo, M.D., Chief Medical Officer of Valneva, commented, "While we are focused on completing our rolling submissions for initial regulatory approval of VLA2001 in a primary vaccination context, we are working extremely hard in parallel to generate further data for VLA2001 in order to assess the role it could play in a booster context as well. We continue to believe that VLA2001 may play an important role to fight the current pandemic phase and beyond. We would like to thank all those who are demonstrating continued interest in our vaccine, and we remain fully committed to bring our inactivated solution to the market as soon as we can." Valneva announced first positive homologous booster results at the end of December 20211. The data showed an excellent immune response after a booster dose of VLA2001 administered seven to eight months after the second dose of primary vaccination. In addition, Valneva plans to initiate a further dedicated heterologous booster only trial of VLA2001 in the coming weeks. Valneva also recently reported laboratory results demonstrating that serum antibodies induced by three doses of VLA2001 neutralize the initial SARS-CoV-2 virus as well as the Omicron and Delta variants2.
USLM

Hot Stocks

16:29 EST United States Lime & Minerals increases quarterly dividend to 20c per share - The company announced that the board of directors has declared an increased regular quarterly cash dividend of 20c per share on the company's common stock. This dividend is payable on March 18 to shareholders of record at the close of business on February 25.
NXPI

Hot Stocks

16:23 EST NXP Semiconductors increases dividend, adopts $2B share repurchase plan - On January 31, the NXP board of directors approved a 50% increase in the quarterly cash dividend to 84.5c per ordinary share. The interim dividend will be paid in cash on April 6 to shareholders of record as of March 15. Additionally, the NXP board of directors approved a new $2B 2022 share repurchase program. The new share repurchase authorization is in addition to the approximately $1.35B remaining for repurchase under previously authorized share repurchase programs.
WISH FL

Hot Stocks

16:22 EST ContextLogic names Vijay Talwar CEO - ContextLogic (WISH) announced the appointment of Vijay Talwar as Chief Executive Officer and a member of the company's Board of Directors, effective February 1, 2022. Talwar succeeds Wish's Founder and former CEO, Piotr Szulczewski, who will continue to serve the company as a member of the Board. Talwar recently served as CEO of Foot Locker's (FL) Europe, Middle East & Africa business. "Wish has all the ingredients to be a true leader in the ecommerce space - a great product, an engaging and entertainment-driven social platform, a strong user base, and a world-class team that is highly motivated to deliver on the turnaround plan," said Mr. Talwar. "I am eager to apply my own experience within the retail and ecommerce space to further refine our focus and put the business back onto a path of growth. I firmly believe the best years for Wish are right ahead of us."
AXTA

Hot Stocks

16:19 EST Axalta Coating says FY22 adjusted EBIT expected to show strong growth y/y - For FY22: Performance Coatings growth expected from continued Refinish recovery, continued robust organic growth within Industrial Coatings; Global auto production expected to improve; Mobility Coatings growth solidly ahead of global production levels; Modest FX headwinds expected driven largely by the Euro and Real; Raw material inflation expected at low double digits, inclusive of oil price at $85 per barrel (Brent); peak inflation is expected to occur in Q1 2022; Price-mix anticipated to offset cumulative raw material inflation within 2022; Adjusted EBIT expected to show strong growth versus 2021 on strong volumes and ramping of pricing, offset partially by continued inflationary pressure which is expected to moderate in 2H 2022.
APO

Hot Stocks

16:19 EST Apollo Global to make $760M equity investment in Legendary Entertainment - Apollo and Legendary Entertainment announced that funds managed by Apollo affiliates have agreed to make a $760M equity investment in Legendary, a global media company led by CEO Joshua Grode that develops, produces, distributes and finances major motion picture and TV projects across multiple platforms and maintains leading comic book, VR, licensing and merchandising divisions. The minority investment comes as Legendary concluded its most profitable year to-date in 2021 and with a strong balance sheet is ramping up production on a large slate of new films and TV series, in the United States and internationally.
MPLN

Hot Stocks

16:18 EST MultiPlan completes CEO transition to Dale White - MultiPlan Corporation announced that Dale White will assume the title of Chief Executive Officer on February 1, 2022 in accordance with the company's previously announced executive transition plan. White succeeds Mark Tabak. Since joining MultiPlan in 2004, White has held a variety of key leadership positions, most recently President and Chief Operating Officer. Along with his elevation to CEO, White has been appointed as a member of the Board of Directors and will serve as a Class III Director, increasing the Board to twelve Directors. Tabak, who retires as CEO today after leading the company for over 20 years, will remain Chairman of the Board of Directors
NVST

Hot Stocks

16:17 EST Envista and PDS extend implant and imaging commercial relationship - Envista Holdings and Pacific Dental Services, or PDS, announced the extension of their implant and imaging commercial relationship for an additional five years, and the expansion of this relationship to include Envista's Spark clear aligners. Over the past several years, PDS and Envista have invested resources to expand implant treatment capabilities to each of PDS' supported practices, training hundreds of clinicians, and creating a network that offers the latest tooth replacement solutions from Nobel Biocare.
LYEL

Hot Stocks

16:15 EST Lyell Immunopharma appoints of Gary Lee as Chief Scientific Officer - Lyell Immunopharma announced the appointment of Gary Lee, Ph.D., as Chief Scientific Officer. A veteran biotech leader with more than a decade of experience heading translational cell and gene therapy programs, Dr. Lee will set and oversee the company's research strategy and advance its research pipeline. "We are thrilled to welcome Gary and his scientific expertise in translational cell therapy to the Lyell team," said Liz Homans, Chief Executive Officer of Lyell. "Beyond his exceptional scientific talent, Gary brings tremendous leadership and strategic planning capabilities to our team. As we become a clinical-stage company, his appointment reflects our deeply held commitment to advancing a multi-modality cell therapy pipeline based on our novel next-generation T-cell reprogramming technologies."
ODC

Hot Stocks

16:15 EST Oil-Dri Corporation of America to increase price of cat litter products - Oil-Dri Corporation of America announced that it will increase prices for its cat litter products effective April 1. These pricing actions will apply to branded and private label cat litter items sold within the United States. The company continues to experience substantial increases in freight, packaging, materials, natural gas, and non-fuel manufacturing costs, all of which are key components of its cat litter products.
WWD

Hot Stocks

16:13 EST Woodward announces $800M stock repurchase plan - Woodward announced that its Board of Directors authorized a two-year stock repurchase program, under which up to $800 million in Woodward stock may be purchased in the open market and private transactions. This authorization replaces the previously authorized stock repurchase program. "Our stock repurchase program is an important part of our balanced capital deployment strategy. Given our strong financial position and positive financial outlook, including our ability to generate robust cash flow, we remain committed to returning capital to stockholders via stock repurchases and cash dividends, while concurrently investing in our business to support future growth," said Thomas A. Gendron, Chairman and Chief Executive Officer.
WWD

Hot Stocks

16:12 EST Woodward increases quarterly dividend 17% to 19c per share - Woodward announced that its Board of Directors approved a dividend of 19c per share, up from the prior quarter's dividend of 16.25c per share. The dividend will be payable on March 7, 2022, for stockholders of record as of February 21, 2022.
WWD

Hot Stocks

16:12 EST Woodward authorizes new $800M stock repurchase program - Woodward announced that its Board of Directors authorized a two-year stock repurchase program, under which up to $800M in Woodward stock may be purchased in the open market and private transactions. This authorization replaces the previously authorized stock repurchase program. "Our stock repurchase program is an important part of our balanced capital deployment strategy. Given our strong financial position and positive financial outlook, including our ability to generate robust cash flow, we remain committed to returning capital to stockholders via stock repurchases and cash dividends, while concurrently investing in our business to support future growth," said Thomas A. Gendron, Chairman and CEO.
PCH

Hot Stocks

16:11 EST PotlatchDeltic says 2022 off to 'great start' with surge in lumber prices - "2022 is off to a great start with the recent surge in lumber prices benefitting both our Timberlands and Wood Products businesses. We expect housing-related fundamentals that drive demand in our business to remain favorable and we continue to expect lumber prices will remain higher than long-term averages. We continue to monitor the pandemic and the trend in mortgage rates and their impact on lumber demand and our business. During 2022, we expect to harvest approximately 6.1 million tons in our Timberlands segment, ship around 1 billion board feet in lumber, and sell about 13,500 rural acres and 165 residential lots in our Real Estate Segment," stated Mr. Cremers.
NUVA

Hot Stocks

16:11 EST NuVasive names Andrew Morton as Chief Human Resources Officer - NuVasive announced the appointment of Andrew Morton as senior vice president and chief human resources officer, effective February 7. Most recently, Morton served as senior vice president, CHRO at Wright Medical, a global orthopedics and surgical solutions company.
FND

Hot Stocks

16:08 EST Floor & Decor to open Monona, Wisconsin store on February 7 - Floor & Decor will expand its nationwide footprint when it opens the doors to its newest location in Monona, Wisconsin on February 7, 2022. The 80,000 square-foot Floor & Decor warehouse store and design center will open with a team of about 50 full-time and part-time associates led by Zach Klein, the new store's Chief Executive Merchant. "Floor & Decor is thrilled to open our doors in Monona, our first store in the Madison market," said Klein. "We are excited to introduce both Professional customers, as well as Homeowners, to our one-stop solution for their flooring needs with an extensive selection of in-stock, trend-right flooring options. We offer unmatched service and quality flooring at unbeatable prices. With our free design services, we look forward to helping every customer turn their vision into reality."
FFIN

Hot Stocks

16:08 EST First Financial names Luke Longhofer as EVP, Chief Lending Officer - The Board of Directors of First Financial Bankshares announced the promotion of Luke Longhofer to Executive Vice President, Chief Lending Officer. Longhofer replaces Gary Gragg, who previously announced his retirement after 31 years, including the last 16 as Chief Lending Officer. Before joining First Financial Bank in October 2010, Longhofer served as a Commissioned Bank Examiner for the Federal Deposit Insurance Corporation for more than seven years.
LSF

Hot Stocks

16:07 EST Laird Superfood names Jason Vieth as new CEO - Jason Vieth has been appointed President and CEO, replacing Paul Hodge, Jr., who previously announced his desire to step down from the CEO role. Mr. Vieth's most recent position was as Executive Vice President of Sovos Brands, where he managed the Breakfast and Snacks Group.
IVA ABBV

Hot Stocks

16:07 EST Inventiva announces EUR 4M milestone payment from AbbVie - Inventiv (IVA)announced the receipt of a EUR 4M milestone payment from AbbVie (ABBV). It follows the inclusion of the first patient with psoriasis in the ongoing Phase IIb clinical trial with cedirogant or ABBV-157, an oral RORg inverse agonist jointly discovered by Inventiva and AbbVie for the treatment of autoimmune diseases.
EA MSFT

Hot Stocks

16:06 EST Electronic Arts names Chris Suh as new CFO - Electronic Arts (EA) named Chris Suh the company's new CFO, effective March 1. He will replace Blake Jorgensen, who previously announced he is stepping down after nearly a decade of financial leadership at Electronic Arts. Mr. Jorgensen will remain with the company until the summer to assist with the transition and special projects. Mr. Suh joins Electronic Arts from Microsoft (MSFT), where he currently serves as Corporate Vice President and Chief Financial Officer of the Cloud + AI group.
SIOX

Hot Stocks

16:04 EST Sio Gene Therapies appoints CFO David Nassif as interim CEO - In addition, the company has appointed David Nassif its CFO and general counsel, as interim CEO and a member of the board of directors with the resignation of its CEO, Pavan Cheruvu, who is leaving the company to pursue new opportunities. A search committee of the Sio Board will consider both internal and external candidates to identify a permanent successor CEO with the assistance of a leading executive search firm.
SANM

Hot Stocks

16:04 EST Sanmina reports Q1 adjusted operating margin 5.0%, GAAP operating margin 4.6%
SIOX

Hot Stocks

16:03 EST Sio Gene to prioritize AXO-AAV-GM therapies, terminate AXO-Lenti-PD agreement - Sio Gene Therapies provided a corporate update announcing the prioritization of AXO-AAV-GM1 and AXO-AAV-GM2, its clinical stage AAV gene therapy programs for GM1 and GM2 gangliosidosis. The portfolio prioritization extends the company's estimated cash runway into the second half of 2023, beyond multiple key clinical milestones for both gene therapy programs. With this prioritization, the company intends to terminate its licensing agreement with Oxford Biomedica for AXO-Lenti-PD, its lentiviral gene therapy program for Parkinson's disease.
MRBK

Hot Stocks

15:45 EST Meridian Bank announces special dividend of $1.00 per share - On January 27, the Board of Directors declared a quarterly cash dividend of 20c per common share, along with a special dividend of $1.00 per share, both payable February 21 to shareholders of record as of February 14.
IBRX

Hot Stocks

15:30 EST Researchers publish results of phase 1 HIV trial with ImmunityBio drug - Results of rsearch conducted by the University of Minnesota, funded by a grant from Altor BioSciences and ImmunityBio, was published in Nature Medicine regarding a phase 1 trial investigating the safety and virologic impact of the IL-15 superagonist N-803 in people living with HIV. The Phase 1 trial at the University enrolled 16 participants who were required to be on antiretroviral therapy for at least one year. Of enrollees, 11 completed the trial with minimal adverse effects, "suggesting N-803 administration for HIV patients who are ART-suppressed is safe," a write-up of the study stated. "Although not a primary goal of the trial, participants using N-803 showed a significant decrease in HIV infected cells in the blood for a period of up to six months following treatment," according to a synopsis published by EurekAlert. Reference Link
BA

Hot Stocks

13:50 EST Boeing reports launch of 777-8 freighter, order for up to 50 from Qatar Airways - Boeing announced the launch of the new 777-8 Freighter and expanded its 777X and freighter families of jetliners with an order for up to 50 aircraft from Qatar Airways, the company confirmed in a press release. "Qatar Airways will be the 777-8 Freighter launch customer with a firm order for 34 jets and options for 16 more, a total purchase that would be worth more than $20 billion at current list prices and the largest freighter commitment in Boeing history by value. The order also supports hundreds of U.S. suppliers from across 38 states, will sustain more than 35,000 U.S. jobs, and provide the American economy with an annual estimated economic impact of $2.6 billion during the contract's delivery period," Boeing stated. As part of today's agreement, Qatar Airways will convert 20 of its 60 777X family orders to the 777-8 Freighter. Qatar Airways is also ordering two current 777 Freighters, Boeing said. Boeing and Qatar Airways also signed a Memorandum of Understanding for a firm order of 25 737-10 aircraft and purchase rights for 25 additional airplanes. The total value of this 737-10 commitment is nearly $7 billion at current list prices. "Qatar Airways very much looks forward to adding the 737-10 to its fleet, with this new variant of the 737 being ideally suited to our short-haul network, allowing us an opportunity to further enhance our product offering for our customers, modernize our fleet and operate the most efficient aircraft in its category," said Qatar Airways Group CEO Akbar Al Baker.
NVAX

Hot Stocks

13:44 EST Novavax submits request to FDA for EUA for NVX-CoV2373 - Novavax announced that it has submitted a request to the U.S Food and Drug Administration for Emergency Use Authorization for NVX-CoV2373, its protein-based COVID-19 vaccine candidate for immunization of individuals 18 year of age and older against SARS-CoV-2. The request for EUA is based on the totality of pre-clinical, clinical and manufacturing-related data provided to the agency, including results of two large pivotal clinical trials that demonstrated an overall efficacy of approximately 90 percent and a reassuring safety profile. Novavax conducted two pivotal Phase 3 clinical trials: PREVENT-19 which enrolled approximately 30,000 participants in the U.S. and Mexico and published results in the New England Journal of Medicine and a trial with almost 15,000 participants in the U.K. which was also published in NEJM. In both trials, the vaccine demonstrated efficacy with a reassuring safety profile. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups. The most common adverse reactions observed during clinical studies were headache, nausea or vomiting, myalgia, arthralgia, injection site tenderness/pain, fatigue, and malaise. Novavax will continue to collect and analyze real-world data, including the monitoring of safety and the evaluation of variants, as the vaccine is distributed in authorized markets. As part of the PREVENT-19 trial, a booster study is ongoing to evaluate the safety and effectiveness of a third does of the vaccine, as well as a study in adolescents aged 12-17. NVX-CoV2373 has been granted conditional authorization by multiple regulatory agencies worldwide, including the European Commission, and emergency use listing from the World Health Organization, with additional filings currently under review.
LYEL

Hot Stocks

13:31 EST Lyell will be 'breakthrough company' in cell therapy space, CEO says
LYEL

Hot Stocks

13:31 EST Lyell CEO says 'nothing has changed' since going public
LYEL

Hot Stocks

13:31 EST Lyell guided INDs 'on track,' CEO Liz Homans tells The Fly
LYEL

Hot Stocks

13:31 EST Lyell CEO says 'only January but already a really great year'
LYEL

Hot Stocks

13:31 EST Lyell CEO tells The Fly market opportunity for technology 'much higher than $1B'
DEO

Hot Stocks

13:26 EST Diageo to invest GBP 73M in 'Guinness at Old Brewer's Yard' in London - Diageo, maker of Guinness, announces its plan to invest GBP 73M in "Guinness at Old Brewer's Yard," a new microbrewery and culture hub in Covent Garden, London, set to open in Autumn 2023. "Old Brewer's Yard first brewed beer back in 1722. 300 years later, Guinness will be bringing the site back to life. The investment to create 'Guinness at Old Brewer's Yard', builds on the success of the Guinness Storehouse in Dublin and the opening of Johnnie Walker Princes Street in Edinburgh in 2021. It demonstrates Diageo's confidence in London and the UK as a go-to destination for tourists and its commitment to the hospitality sector," the company said in a press release announcing the plans. The new 50,000 sq ft venue will provide a community space within the Covent Garden area and will also become the Southern UK hub of Diageo's "Learning for Life Bartending and Hospitality Programme," which has "provided skills and improved the employability and livelihoods of over 5,500 people across the UK to date," the company added.
SONY

Hot Stocks

13:22 EST Sony Group trading resumes
SONY

Hot Stocks

13:05 EST Sony Interactive acquires Destiny 2 maker Bungie for $3.6B - Sony Interactive Entertainment announced that it has entered into definitive agreements to acquire Bungie, an independent videogame developer. "This acquisition will give SIE access to Bungie's world-class approach to live game services and technology expertise, furthering SIE's vision to reach billions of players," Sony said in a statement. Bungie will continue to operate independently. The total consideration of this transaction is $3.6B, inclusive of purchase price and committed employee incentives, and is subject to customary working capital and other adjustments. Sony said Bungie is focused on the long-term development of Destiny 2, expanding the Destiny universe, and creating entirely new worlds in future intellectual property.
GD

Hot Stocks

13:03 EST General Dynamics to start work on $518M global logistics contract - General Dynamics Information Technology announced that it has received a $518M task order award from the U.S. Army Communications Electronics Command to provide logistics, sustainment and maintenance services for joint U.S. and coalition forces worldwide within the Army Field Support Brigade regions. The task order was provided under the Responsive Strategic Sourcing for Services Multiple Award indefinite delivery, indefinite quantity contract awarded in April 2021 to a General Dynamics joint venture including GDIT, General Dynamics Mission Systems, General Dynamics Ordnance and Tactical Systems and General Dynamics Land Systems. The Government Accountability Office announced in December that work could start following the dismissal of two contract award protests.
CMCSA AMCX

Hot Stocks

13:02 EST AMC Networks, Comcast reach multi-year distribution agreement - AMC Networks (AMCX) and Comcast Cable (CMCSA) announced a new multi-year distribution agreement that includes continued carriage of AMC Networks' linear networks and expanded availability of its targeted streaming services to Xfinity TV, broadband and XClass customers. The agreement also continues the companies' relationship around AMC+, the streaming bundle focused on original scripted programming that was first launched to Xfinity customers in the summer of 2020
SONY

Hot Stocks

12:53 EST Sony Group trading halted, news pending
SONY...

Hot Stocks

12:15 EST Sony's 'MLB The Show 22' coming to Nintendo Switch for first time - Sony (SONY) announced that upcoming baseball sim "MLB The Show 22" will be available on April 5 on PlayStation 5, PS4, Xbox One (MSFT), Xbox Series X/S, and Nintendo Switch (NTDOY). This marks the first time the Sony-published franchise will appear on a Nintendo platform, continuing the trend from last year's release, which appeared on Xbox consoles for the first time ever. Reference Link
BA

Hot Stocks

12:08 EST Boeing says U.S.-Russia relations creating adverse climate for its business - In a regulatory filing, Boeing said that the current status of U.S.-Russia relations is creating an adverse climate for its business. "The U.S. Government continues to impose and/or consider imposing sanctions on certain businesses and individuals in Russia," the company said. "We continue to monitor and evaluate additional sanctions and export restrictions that may be imposed by the U.S. Government and any responses from Russia that could directly affect our supply chain, business partners or customers. We also continue to support the 737 MAX return to service in Russia." The planemaker added that the state of U.S.-China relations remains a "significant watch item."
XOM

Hot Stocks

12:03 EST Exxon Mobil streamlining structure along three business lines - ExxonMobil said it is further streamlining its business structure by combining chemical and downstream companies and centralizing technology and engineering, and other support services, to "better support customers, enhance performance and grow value." Effective April 1, the company will be organized along three business lines - ExxonMobil Upstream Company, ExxonMobil Product Solutions and ExxonMobil Low Carbon Solutions. They will be supported by a single technology organization, ExxonMobil Technology and Engineering, and other centralized service-delivery groups providing like capabilities. Exxon added, "The move is a further evolution of the company's business model and part of its strategy to build globally competitive businesses that lead industry in earnings and cash flow growth, operating performance and the energy transition. ExxonMobil is on track to exceed $6 billion in structural cost savings by 2023, compared to 2019, driven by savings from the new business structure and measures such as centralizing procurement, digital transformation of processes, and right-sizing programs that were announced in 2020." Linda DuCharme, formerly president of ExxonMobil Upstream Integrated Solutions and ExxonMobil Upstream Business Development, has been appointed to lead ExxonMobil Technology and Engineering Company. To "further collaboration and integration," the company said it will relocate its corporate headquarters from Irving, Texas, to its campus north of Houston. The move will be completed mid-year 2023.
DLX

Hot Stocks

12:02 EST Deluxe chosen as exclusive provider of checks to The Bradford Exchange - Deluxe has been selected by The Bradford Hammacher Group to be the exclusive provider of consumer and business checks to The Bradford Exchange.
MSB

Hot Stocks

12:01 EST Mesabi Trust falls -8.3% - Mesabi Trust is down -8.3%, or -$2.57 to $28.56.
TDW

Hot Stocks

12:01 EST Tidewater falls -8.6% - Tidewater is down -8.6%, or -$1.33 to $14.18.
SOXS

Hot Stocks

12:00 EST Direxion Daily Semiconductor Bear 3X Shares falls -9.8% - Direxion Daily Semiconductor Bear 3X Shares is down -9.8%, or -53c to $4.87.
TDCX

Hot Stocks

12:00 EST TDCX rises 18.8% - TDCX is up 18.8%, or $2.52 to $15.89.
AMTD

Hot Stocks

12:00 EST shwb bought rises 19.3% - shwb bought is up 19.3%, or 58c to $3.58.
SQZ

Hot Stocks

12:00 EST SQZ Biotechnologies rises 21.0% - SQZ Biotechnologies is up 21.0%, or $1.39 to $8.01.
VIVO

Hot Stocks

11:48 EST Meridian receives NIH award to support Revogene panel development - Meridian Bioscience announced that it has been awarded additional funding in the amount of $2.5M by the National Institute of Health Rapid Acceleration of Diagnostics initiative. This award expands the scope of the original $5.5M award to help support the research, development, and increased production of the company's Revogene molecular viral respiratory diagnostic testing panel. The funding is provided as part of the RADx Tech program that NIH launched to speed innovation in the development, commercialization, and implementation of technologies for COVID-19 testing. The Revogene respiratory panel will simultaneously detect SARS-CoV-2, respiratory synovial virus, and influenza A/B infections. The expanded NIH investment not only offsets the cost of development but also enables Meridian to enhance its PIE device manufacturing line to increase throughput and improve labor efficiency to meet the expected demand for this viral respiratory panel.
MRNA

Hot Stocks

11:06 EST Moderna receives FDA approval for SPIKEVAX COVID-19 vaccine - Moderna announced the U.S. Food and Drug Administration has approved the Biologics License Application for SPIKEVAX to prevent COVID-19 in individuals 18 years of age and older. The FDA based its decision on the totality of scientific evidence shared by the Company in its submission package, which included follow-up data from the Phase 3 COVE study showing high efficacy and favorable safety approximately six months after the second dose. Moderna also submitted manufacturing and facilities data required by the FDA for licensure. SPIKEVAX has received approval by regulators in more than 70 countries.
OEG

Hot Stocks

11:04 EST Orbital Energy's IMMCO completes over 2M homes designed for FTTP networks - Orbital Energy Group announced that IMMCO, a wholly-owned subsidiary of Gibson Technical Services, has completed more than two million homes designed for FTTP networks. IMMCO is an international, full-service telecom engineering and network design company providing diversified engineering services and customized software solutions to a global customer base since 1992. To support its rapidly-growing team of network experts, IMMCO recently dedicated an office expansion of approximately 9,500 square feet in the Cochin Special Economic Zone in Kochi, India.
ORPH

Hot Stocks

11:02 EST Orphazyme appoints Anders Vadsholt as CEO - Orphazyme announces that CEO Christophe Bourdon will resign from his position as CEO at Orphazyme A/S to take on the role as CEO of LEO Pharma A/S. Effective April 1, 2022, CFO Anders Vadsholt, will be appointed CEO of Orphazyme.
GLW

Hot Stocks

10:46 EST 3D Glass Solutions raises additional $4M in Series B1 round extension - 3D Glass Solutions announced it has raised an additional $4M in an extended Series B1 funding round. 3DGS welcomed new investor Menlo Microsystems Inc., as well as follow-on investments from both Corning Incorporated and Sun Mountain Capital, bringing the total Series B1 raise to $24M.
ENVI

Hot Stocks

10:45 EST GreenLight Biosciences, Germains Seed partner for dsRNA seed treatment - GreenLight Biosciences and Germains Seed Technology announced a research partnership agreement that could lead to the first commercial use of RNA as a seed treatment to control crop diseases and offer options to farmers looking for innovative solutions. Through the partnership, the two companies will explore synergies between Germains' seed priming and coating technologies and GreenLight's dsRNA expertise and ability to cost-effectively scale manufacturing to protect vegetable crops. In October 2021, GreenLight announced that the company had achieved, for the first time ever, effective field control of fungal pathogens using double-stranded RNA. In 2022, GreenLight anticipates receiving U.S. regulatory approval of its RNA-based product for controlling the Colorado potato beetle and intends to submit its honeybee health solution to the U.S. Environmental Protection Agency. The company has seven agricultural products in development with an addressable market of $6 billion that it plans to launch by 2026.
PSFE

Hot Stocks

10:43 EST Paysafe completes acquisition of SafetyPay - Paysafe announced the completion of its SafetyPay acquisition. SafetyPay is a payments platform operating primarily in Latin America that enables eCommerce transactions via a wide choice of open banking and eCash solutions. The company said, "For Paysafe, this latest deal further strengthens its strategic foothold in Latin America, building on its recently announced acquisition of Peruvian payments platform, PagoEfectivo. Together the two acquisitions set Paysafe up to be the leading open banking and eCash solutions provider in Latin America, one of the world's fastest-growing online markets. SafetyPay was founded in 2007 as an eCommerce payments platform with the mission to enable millions of consumers to use alternative payment methods, most notably bank transfers and eCash solutions, to make online purchases. It now has a presence in 11 Latin American countries and operates via an unparalleled network of banks, with over 90 percent bank coverage and over 180,000 cash collection points. It serves nearly 300 merchants primarily in the travel, entertainment, and digital goods industries. With the transaction closing, Paysafe gains further scale in the fast-growing Latin American eCommerce market, where merchants and consumers alike are showing an increasing appetite to use eCash solutions to transact online. Further, with SafetyPay's unrivalled network of bank relationships in Latin America, Paysafe is uniquely positioned to capture share of the nascent open banking market by integrating further Paysafe services and solutions including its digital wallet and gateway capabilities." As part of the transaction, the entire SafetyPay team now transitions into Paysafe's eCash and open banking solutions team which is headed up by Paysafe eCash CEO, Udo Mueller. Reporting into Mueller, SafetyPay's CEO, Gustavo Ruiz Moya, becomes CEO, eCash for Latin America and Global Head of Open Banking.
RHHBY

Hot Stocks

10:29 EST FA approves Roche's Tecentriq as lung cancer adjuvant - The Food and Drug Administration said it approved Roche's Tecentriq for adjuvant treatment following resection and platinum-based chemotherapy in patients with stage II to IIIA non-small cell lung cancer whose tumors have PD-L1 expression on greater than or equal to1% of tumor cells, as determined by an FDA-approved test. The FDA also approved the Ventana PD-L1 Assay (as a companion diagnostic device to select patients with NSCLC for adjuvant treatment with Tecentriq. Reference Link
CAH

Hot Stocks

10:20 EST Cardinal Health to pay more than $13M to resolve kickback allegations, DOJ says - The U.S. Attorney's Office of the District of Massachusetts announced that Cardinal Health has agreed to pay $13,125,000 to resolve allegations that it violated the False Claims Act by paying "upfront discounts" to its physician practice customers, in violation of the Anti-Kickback Statute. The False Claims Act settlements resolve allegations originally brought in lawsuits filed by whistleblowers under the qui tam provisions of the False Claims Act, the DOJ said. Reference Link
LMT EADSY

Hot Stocks

10:05 EST Lockheed Martin: LMXT strategic tanker aircraft to be made in Alabama, Georgia - Lockheed Martin (LMT) announced the LMXT strategic tanker aircraft will be manufactured in Mobile, Alabama, and Marietta, Georgia. Introduced in September 2021, the LMXT is Lockheed Martin's offering for the U.S. Air Force's KC-Y "Bridge Tanker" Program competition. The company said, "The LMXT represents the newest chapter in Lockheed Martin's 60-plus year history of producing and delivering tanker and large aircraft for the U.S. Air Force, U.S. Marine Corps, U.S. Navy and multiple operators around the world. Built on the combat-proven design of the Airbus (EADSY) A330 Multi Role Tanker Transport, the LMXT leverages known performance and capability insights from the strategic tanker of choice used by 14 nations around the world to currently refuel fighter, transport and maritime patrol aircraft for the U.S. and allied partners." With Lockheed Martin as the prime contractor, the LMXT will be built in two phases: Phase 1: The LMXT is first produced as an A330 airliner at Airbus' Mobile, Alabama, facility, which is where Airbus A320 and A220 commercial airliners are built, beginning with the A320 in 2015. Phase 2: The second phase of the manufacturing process includes converting the commercial aircraft into the LMXT tanker at Lockheed Martin Aeronautics' Marietta, Georgia, facility, which is currently home to the C-130J Super Hercules final production and F-35 Lightning II center wing assembly lines.
LMT EADSY

Hot Stocks

10:03 EST Lockheed Martin: LMXT strategic tanker aircraft to be made in Alabama, GeorgiaAirbus - Lockheed Martin (LMT) announced the LMXT strategic tanker aircraft will be manufactured in Mobile, Alabama, and Marietta, Georgia. Introduced in September 2021, the LMXT is Lockheed Martin's offering for the U.S. Air Force's KC-Y "Bridge Tanker" Program competition. The company said, "The LMXT represents the newest chapter in Lockheed Martin's 60-plus year history of producing and delivering tanker and large aircraft for the U.S. Air Force, U.S. Marine Corps, U.S. Navy and multiple operators around the world. Built on the combat-proven design of the Airbus (EADSY) A330 Multi Role Tanker Transport, the LMXT leverages known performance and capability insights from the strategic tanker of choice used by 14 nations around the world to currently refuel fighter, transport and maritime patrol aircraft for the U.S. and allied partners." With Lockheed Martin as the prime contractor, the LMXT will be built in two phases: Phase 1: The LMXT is first produced as an A330 airliner at Airbus' Mobile, Alabama, facility, which is where Airbus A320 and A220 commercial airliners are built, beginning with the A320 in 2015. Phase 2: The second phase of the manufacturing process includes converting the commercial aircraft into the LMXT tanker at Lockheed Martin Aeronautics' Marietta, Georgia, facility, which is currently home to the C-130J Super Hercules final production and F-35 Lightning II center wing assembly lines.
FLNG

Hot Stocks

10:01 EST Flex LNG falls -6.7% - Flex LNG is down -6.7%, or -$1.40 to $19.46.
KOLD

Hot Stocks

10:00 EST ProShares UltraShort Bloomberg Natural Gas falls -7.4% - ProShares UltraShort Bloomberg Natural Gas is down -7.4%, or -$2.37 to $29.62.
CTV

Hot Stocks

10:00 EST Innovid falls -7.5% - Innovid is down -7.5%, or -39c to $4.81.
CIAN

Hot Stocks

10:00 EST Cian rises 9.9% - Cian is up 9.9%, or 69c to $7.69.
TDCX

Hot Stocks

10:00 EST TDCX rises 11.4% - TDCX is up 11.4%, or $1.53 to $14.90.
AMTD

Hot Stocks

10:00 EST shwb bought rises 40.0% - shwb bought is up 40.0%, or $1.20 to $4.20.
NTZ

Hot Stocks

09:47 EST Natuzzi falls -7.0% - Natuzzi is down -7.0%, or -79c to $10.46.
FATH

Hot Stocks

09:47 EST Fathom falls -7.0% - Fathom is down -7.0%, or -67c to $8.84.
CTV

Hot Stocks

09:47 EST Innovid falls -7.7% - Innovid is down -7.7%, or -40c to $4.80.
BTCM

Hot Stocks

09:47 EST BIT Mining Limited rises 7.6% - BIT Mining Limited is up 7.6%, or 22c to $3.16.
AMAM

Hot Stocks

09:47 EST Ambrx Biopharma rises 8.2% - Ambrx Biopharma is up 8.2%, or 38c to $5.04.
CIAN

Hot Stocks

09:47 EST Cian rises 10.0% - Cian is up 10.0%, or 70c to $7.70.
KSCP

Hot Stocks

09:42 EST KSCP Stock trading resumes
TRNO

Hot Stocks

09:40 EST Terreno Realty executes lease in Brooklyn - Terreno Realty announced that it has executed a lease renewal for 46,000 square feet in Brooklyn, New York with a content production and creation studio. The lease will commence November 1 and expire October 31, 2027.
KSCP

Hot Stocks

09:37 EST KSCP Stock trading halted, volatility trading pause
CAH

Hot Stocks

09:31 EST Cardinal Health, Ember partner to offer self-refrigerated shipping box - Ember Technologies and Cardinal Health announced a partnership to offer a self-refrigerated, cloud-based shipping box-the Ember Cube. Ember and Cardinal Health will collaborate to deliver a cold chain solution that ensures product integrity and security throughout the supply chain, while significantly reducing shipping waste in the transport of temperature-sensitive medicines, the companies said in a statement.
TGI

Hot Stocks

09:31 EST Triumph Group signs MOU with Aerotrax Technologies - Aerotrax Technologies announced the signing of a Memorandum of Understanding with Triumph Group to commercially pilot the Aerotrax Maintenance, Repair and Overhaul Service Management System, enabling real-time data sharing, collaboration, and communication with participating Triumph Group repair stations and customers. The engagement will use Aerotrax's proprietary blockchain-based digital infrastructure to execute repair orders, manage customer requirements, and ensure the seamless exchange of part related data. For a MRO Service Provider, the technology improves quality control, operational efficiency, and provides a differentiated customer experience. As for airlines or integrator customers, the benefits include reduced turn-around-time, which can lead to reduced inventory levels, superior document quality control and tracing, and up to the minute status of "in work" components at the MRO shops.
IPDN

Hot Stocks

09:21 EST Professional Diversity Network announces $2M stock buyback program - Professional Diversity Network announced its Board of Directors has approved the repurchase of up to $2M worth of its outstanding common stock from time to time on the open market or in privately negotiated transactions. The repurchase program will be funded using the company's working capital. As of December 31, 2021, the company had cash, cash equivalents and marketable securities of approximately $3.6M.
AMPG

Hot Stocks

09:19 EST AmpliTech Group reports 2022 order backlog of $10.5M - Fawad Maqbool, CEO, commented, "AmpliTech has a backlog of $10.5M in orders expected to ship principally in the first half of 2022, versus revenue of $3.5M in the twelve months ended September 30, 2021. This provides a very solid revenue base we are working to grow via the launch of new solutions and expanded sales and marketing outreach. Setting us apart is our industry-leading radio frequency signal processing technologies which enable the movement of data with greater efficiency, improved reliability, reduced power, and lower cost. These performance advantages are of critical importance to satellite communications, 5G connectivity, quantum computing and other services struggling to achieve the far greater data transfer rates they require. Having up-listed to Nasdaq less than a year ago, we are eager to build investor awareness via high quality forums like Little Grapevine."
IINN

Hot Stocks

09:19 EST Inspira Technologies signs 7-year distribution agreement in the U.S. - Inspira Technologies has signed an exclusive summary distribution agreement with Glo-Med Networks for distribution across 6 states in the U.S.: Texas, New Jersey, New York, Florida, North Carlina and South Carolina. The summary distribution agreement will be followed by a more comprehensive agreement. The agreement with Glo-Med follows the distribution agreements signed in 4Q21 targeting approximately $174M in Europe subject to regulatory approvals and has an initial term of 7 years, subject to the completion of product development and relevant regulatory approval. The parties will collaborate on the marketing and deployment of the ART system, designed to treat deteriorating respiratory failure patients. In order to maintain exclusivity in the territory, Glo-Med Networks has committed to purchase a minimum order of 2,121 ART systems and 131,413 disposable units for deployment at hospitals and medical centers, subject to regulatory approvals for the sale and marketing of the ART systems in the 6 states in the United States as mentioned above.
CCL CUK

Hot Stocks

09:18 EST Carnival announces extension of stock share sale program - On June 28, 2021, Carnival announced that it had filed a prospectus supplement with the United States SEC, under which it may offer and sell shares of its common stock through its agent, BofA Securities, having an aggregate offering price of up to $500M, from time to time through an "at-the-market" equity offering program. As described in the Previous Announcement, Carnival intends to use the net proceeds from the Offering to purchase an equivalent number of Carnival plc ordinary shares and use the remaining net proceeds, if any, from the Offering for general corporate purposes. The Previous Announcement stated that the Share Purchase Program was expected to end no later than January 31, 2022. Today, Carnival Corporation & plc announce an extension of the Share Purchase Program until April 30, 2022, under the same terms. PJT Partners continues serving as independent financial advisor to Carnival Corporation and Carnival plc.
MTTR

Hot Stocks

09:17 EST Matterport appoints Tom Klein as CMO - Matterport announced the appointment of Tom Klein as Chief Marketing Officer. In this role, Klein will be responsible for aligning Matterport's global marketing initiatives to elevate the global brand, drive growth across key vertical markets, and help its customers and partners win. Klein joins Matterport from Mailchimp, a leading marketing and commerce platform, where he led marketing and strategic partnerships in his role as Global Chief Marketing Officer.
GTEH

Hot Stocks

09:17 EST GenTech announces orders for STORM brand - GenTech Holdings grows its retail footprint for new brand STORM with orders from several national retailers and regional health store power houses. STORM is now in an impressive array of retailers both in the US and internationally. With Multiple GNC Franchises picking up the brand with locations in Tampa, Houston, Mississippi and Minnesota, recently added, they are in good company as specialty retail stores across the country are already stocking the brand. NIP Fitness, Total Nutrition, OC Discount and Muscle & Strength are just a handful of those rushing to sign up the brand and are already placing orders. Also, UK and New Zealand distributors are already in the final throws of putting together their orders to take the brand to their territories. The Company launched STORM at the Olympia in Orlando, FL, in October 2021 to great reception from both consumers and retailers alike
WRAP

Hot Stocks

09:14 EST Wrap Technologies receives subscription order for WRAP Reality - Wrap Technologies announced that it has received a purchase order for WRAP Reality, the Company's fully immersive, virtual reality training simulation system, from a College Police Department in Pennsylvania. The initial demo of the WRAP Reality system took place in July of 2021 and highlighted the benefits of roleplaying a scenario through an immersive and authentic simulator that helps police officers implement de-escalation tactics and enables them to practice ending situations without causing injury.
EHMEF

Hot Stocks

09:13 EST Goeasy announces enhancements to securitization, credit facilities - goeasy announced enhancements to its existing revolving securitization warehouse facility and senior secured revolving credit facility. The Company has announced an increase to its Securitization Facility from $600 million to $900 million. The Securitization Facility, which was originally established in December 2020, will continue to be structured by National Bank Financial Markets, with the addition of Bank of Montreal and Royal Bank of Canada as new lenders to the syndicate. The facility will continue to bear interest on advances payable at the rate of 1-month Canadian Dollar Offered Rate plus 185 bps. Based on the current 1-month CDOR rate of 0.52% as of January 28, 2022, the interest rate would be 2.37%. The Company will continue utilizing an interest rate swap agreement to generate fixed rate payments on the amounts drawn and mitigate the impact of increases to interest rates. Proceeds from the Securitization Facility will be used for general corporate purposes, primarily funding the growth of the Company's consumer loan portfolio. The Company also announced an amendment to its Credit Facility, which will decrease from $310 million to $270 million, with the maturity extended to January 27, 2025 and a reduction to the interest rate payable on advances. On lenders prime rate advances, the interest rate payable has been reduced by 125 bps, from the previous rate of Prime plus 200 bps to Prime plus 75 bps. On draws elected to be taken utilizing the Canadian Bankers' Acceptance rate ("BA"), the interest rate payable has been reduced by 75 bps, from the previous rate of BA plus 300 bps to BA plus 225 bps. Based on the current Prime rate of 2.45% and the current 90-day BA rate of 0.50% as of January 28, 2022, the interest rate on the principal amount drawn would be 3.20% or 2.75%, respectively, at the option of the Company. Additionally, the amendment incorporates key modifications including improved advance rates, less restrictive covenants, and a broader syndicate of banks. The amended Credit Facility is underwritten by Bank of Montreal, Royal Bank of Canada, Wells Fargo Bank, CIBC, National Bank of Canada and Toronto-Dominion Bank, and the Company has the ability to utilize an accordion feature to increase the size of the facility by up to an additional $100 million.
GILD

Hot Stocks

09:12 EST FDA approves prescribing update for Kite's Yescarta - Kite, a Gilead Company, announced the U.S. Food and Drug Administration has approved an update to the prescribing information for Yescarta, axicabtagene ciloleucel, to include use of prophylactic corticosteroids across all approved indications. Yescarta is now the first and only chimeric antigen receptor ,CAR T-cell therapy with information in the label to help physicians manage, and potentially prevent, treatment side effects. The label update is based on the results of a new safety management cohort of the pivotal ZUMA-1 study, which was designed to assess the impact of prophylactic use of corticosteroids and earlier treatment with corticosteroids and/or tocilizumab and prophylactic levetiracetam on the incidence and severity of cytokine release syndrome, CRS and neurologic events.
ANGI WMT

Hot Stocks

09:11 EST Angi services to be available in Walmart stores - Angi (ANGI) is teaming up with Walmart (WMT). Angi's pros will soon be available in nearly 4,000 Walmart stores across all 50 states and nationwide online. This service offering includes over 150 common home projects including flooring, painting, plumbing, electrical, tv mounting, installation and assembly services for furniture and more. Walmart will be Angi's first limited-time exclusive retailer to offer these services. Services can be purchased online or in-store alongside any eligible item or from the Angi dedicated landing page at any time on Walmart.com. "We are pleased to launch Angi with Walmart, a leading global retailer, as our first retail integration," said Oisin Hanrahan, CEO, Angi. "Since the start of the pandemic, the home is in focus and people across the U.S. are doing more home improvement, maintenance and repair work and they are often turning to Walmart to find the tools and materials needed to start those projects. Things like sprucing up an entertaining space by installing a new smart TV, painting a nursery for a family addition, and transforming an outdoor space and adding a patio are now projects that Walmart customers can get done seamlessly with the help of an Angi pro as part of the Walmart shopping experience."
BSET JBHT

Hot Stocks

09:10 EST Bassett Furniture evaluating capital allocation strategies following Zenith sale - The company said, "Today we made a joint announcement with J.B. Hunt Transport Services, Inc (J.B. Hunt) to sell Zenith Freight Lines to a subsidiary of J.B. Hunt for $87 million subject to customary closing conditions. We expect to close the deal by the end of February. This transaction will open an exciting new chapter in our quest to provide the highest level of service to our customers. Disruption caused by the pandemic aside, we believe that the consolidation of the traditional "middle mile" segment of specialized furniture carriers is inevitable. There are already much fewer of these providers today than were in existence a few years ago. Accordingly, this thinking led us to seriously consider selling Zenith to J. B. Hunt when the initial overtures were made last year. As due diligence progressed, we came to understand the benefits that the scale of J.B. Hunt could provide in terms of equipment, technology, driver recruitment, intermodal transportation, and warehousing density. As we became more familiar with their management team and developed respect for them, we became convinced that they were the right partners for our vision to build out a nationwide network of Regional Fulfillment Centers that could serve as local warehouses for our "Make, Then Sell" stocking assortment while serving as cross docks for our "Sell, Then Make" custom programs that have been so successful for us for so long. The idea is to reduce costs to our customers and get them their goods faster, while providing more visibility to the status of their shipment in the process. We plan to open the first of these new facilities in Florida this spring and we are working on every aspect of the model that will be required to allow our new logistics strategy to serve as a linchpin for future wholesale and retail growth for Bassett. We are extremely enthusiastic about the potential to better serve our customers with the 50-year accumulated furniture know-how of Zenith in combination with the power of the JB Hunt platform. Of course, there are additional considerations brought on by today's announcement for Bassett. In light of the cash value of the transaction where we expect to net in the neighborhood of $65 million after taxes, our Board of Directors and Management will evaluate appropriate capital allocation strategies which may include any or all of the following: Payment of a special dividend Increase in the regular quarterly dividend Investment in a strategic acquisition or other partnership Increase in the share repurchase authorization Increase in capital investment in the business Our business has notably improved since the return from the first phase of COVID in May 2020. Sales have grown and we have developed new capabilities and new sales channels, particularly with our Club Level motion line and with a deepening commitment to the outdoor furniture category. The partnership with J.B. Hunt and the upcoming investments in technology and new growth strategies represent a tremendous opportunity for us to build on the successful elements of our business and to augment them with new products, better technology, and higher levels of service. We will provide additional insights into our business and capital allocation strategies after the transaction with J.B. Hunt closes."
SVFD

Hot Stocks

09:09 EST Save Foods' eco crop protection treatment approved for distribution in Peru - Save Foods announced that the company received approval from Peru's Ministry of Agricultural Development and Irrigation to sell its products in Peru. Using its proprietary eco products, Save Foods cuts waste by protecting fresh produce from decay and microbial contamination. Dan Sztybel, Chief Executive Officer of Save Foods, the Company's Israeli subsidiary, commented on the announcement: "Save Foods' treatment helps packing houses to address the growing challenges of exporting fruit and vegetables while maintaining their freshness and reducing waste after an extended export process. Peruvian exporters face this challenge on a daily basis as it can take between three to five weeks to deliver Peruvian produce to the average European retailer. Our treatment fights pathogens, which are largely responsible for decay, and can be used in combination with, or as a replacement for, pesticides that leave chemical residues on fresh produce. This helps packers meet the requirements of the EU's recently established "Farm to Fork Green Deal Initiative" while maintaining high-quality produce."
XSPA

Hot Stocks

09:08 EST XpresSpa extends airport-based biosurveillance program with CDC - XpresSpa Group announced the extension of their initial $2M airport-based biosurveillance program with the Centers for Disease Control and Prevention, CDC, through its subsidiary XpresCheck, bringing the total contract to $5.6M. "During the Thanksgiving holiday, we worked closely with the CDC to pivot and expand our surveillance program to screen for the new, highly contagious Omicron variant that was identified just days earlier in Africa," said Ezra Ernst, XpresCheck's recently appointed chief executive officer. "Together, with our testing partner, Concentric by Ginkgo, we successfully expanded the program to monitor additional flights from around the globe." With the recent expansion, the program now tests passengers entering the United States from seven African countries, including passengers making connections through the United Kingdom, France, Germany and Brazil - countries that have been identified as Level 4 Risk Assessment for COVID-19.
BSET

Hot Stocks

09:08 EST Bassett Furniture to invest up to $30M in the business in 2022 - The company said, "Looking ahead, we have started a series of initiatives currently underway that are designed to grow Bassett and to make us more competitive in the short- and mid-term. We plan to invest up to $30M in the business in 2022 in the following areas: Technology - Our digital transformation program is well underway, which includes reformatting our business data with a new Product Information Management package and introducing a new website platform this fall. Retail - We plan to open two new format stores in 2022, one of which will be in a new market while the other store will be a reposition of a store in the Dallas market. We also have plans to remodel at least three others. Manufacturing - New advanced machinery purchases are in process for both our North Carolina upholstery operations and our Virginia based woodworking facilities. We have also invested in new material handling equipment to improve the ergonomic environment of our facilities and to further protect our products on their way to our customers. Outdoor - The domestic aluminum outdoor furniture operation that we acquired in Haleyville, Alabama in 2019 has the potential to significantly contribute to our growth plan. We are negotiating to buy the facility and another adjacent building and continue with the upgrade program that is already underway."
TAK

Hot Stocks

09:07 EST FDA approves Takeda's VONVENDI for prophylactic treatment of VWD - Takeda Pharmaceutical announced that the U.S. Food & Drug Administration approved VONVENDI , von Willebrand factor, Recombinant, for routine prophylaxis to reduce the frequency of bleeding episodes in patients with severe Type 3 von Willebrand disease receiving on-demand therapy. VONVENDI is the only recombinant von Willebrand factor VWF replacement therapy, and the first and only treatment to reduce the frequency of bleeding episodes for severe Type 3 VWD approved by the FDA for routine prophylactic use. VONVENDI is now indicated for routine prophylaxis in adults with severe Type 3 VWD receiving on-demand therapy, as well as on-demand and perioperative bleed management in adults with VWD. "This approval is a major advancement for those living with severe Type 3 VWD and is a testament to Takeda's commitment to improve VWD care," said Heather Dean, Vice President, U.S. Hematology Franchise Head, Takeda. "With routine prophylactic treatment, there is now a proactive strategy available for management of bleeding episodes and may offer people living with severe Type 3 VWD hope that bleed reduction is possible."
FNWD

Hot Stocks

09:06 EST Finward Bancorp completes acquisition of Royal Financial - Finward Bancorp, the holding company for Peoples Bank, announced that it has successfully completed the previously announced acquisition of Royal Financial and its wholly-owned Illinois state chartered savings bank subsidiary, Royal Savings Bank, of Chicago, Illinois, in a stock and cash transaction. Simultaneous with the acquisition of Royal Financial by Finward, Royal Savings Bank merged with and into Peoples Bank. Under the terms of the merger agreement, Royal Financial stockholders who owned 101 or more shares of Royal Financial common stock were permitted to elect to receive either 0.4609 shares of Finward common stock or $20.14 in cash, or a combination of both, for each share of Royal Financial common stock owned. Stockholders holding less than 101 shares of Royal Financial common stock will have the right to receive fixed consideration of $20.14 in cash and no stock consideration for each share of Royal Financial common stock. As a result of Royal Financial stockholder stock and cash elections and the related allocation and proration provisions of the merger agreement, Finward expects to issue 795,423 shares of its common stock and pay cash consideration of approximately $18.7M in the Merger, subject to the final accounting being performed by the exchange agent for the merger. Based on the January 28, 2022 closing price of $47.75 per share of Finward common stock, the transaction has an implied valuation of approximately $56.7M. With the completion of the acquisition, Finward will have approximately $2.2B in consolidated assets, $1.4B in loans and $1.9B in deposits. The acquisition will further expand Peoples Bank's retail banking network in the Chicagoland market, bringing the total number of full-service Banking Centers to 30. The banks will ultimately operate under the name Peoples Bank, although the current offices of Royal Savings Bank will continue to operate under that name until the systems integration process is completed in April 2022. As part of the merger, Finward and Peoples Bank have added Robert Youman to their respective boards of directors.
GEVO

Hot Stocks

09:04 EST Gevo begins startup of renewable natural gas project in Iowa - Gevo is pleased to announce that it has begun the process of bringing its wholly owned dairy manure-based renewable natural gas project online. Located in northwest Iowa, the project is known as Gevo NW Iowa RNG and it is expected to produce approximately 355,000 MMBtu of RNG per year. NW Iowa RNG fits in with Gevo's business model of exploring ways to use renewable carbon to make the most of energy opportunities by dialing in sustainability and optimizing renewable resources. Because dairy manure left in lagoons and used as fertilizer releases high levels of methane to the atmosphere, there is an opportunity to capture that methane as biogas and refine it to be used as renewable natural gas. Doing so has no impact of the fertilizer and nutrients available, yet creates more options to sustainably manage fertilizers for sustainable farming practices. That kind of smart thinking and waste reduction is a cornerstone of the circular economy at the core of Gevo's business model. As Gevo reported in August 2021, the RNG is expected to be sold into the California market under dispensing agreements BP has in place with Clean Energy Fuels Corp., the largest fueling infrastructure in the U.S. for RNG. The facility is expected to lead to $9 million to $16 million a year of distributions from the project expected to begin in late 2022, or early 2023 depending on the timing of the California Air Resources Board's Low Carbon Fuel Standard. It is anticipated that NW Iowa RNG will benefit from environmental product revenues under California's LCFS program and the U.S. Environmental Protection Agency's Renewable Fuel Standard program. RNG-fueled vehicles are estimated to result in up to 95 percent lower emissions than those fueled by gasoline or diesel on a lifecycle basis, according to a US Department of Energy study.
KEY

Hot Stocks

09:03 EST KeyCorp names Helena Haynes-Carter Chief Diversity, Equity and Inclusion Officer - KeyCorp has named Helena Haynes-Carter as Chief Diversity, Equity and Inclusion Officer for the company. In this role, Helena will lead the strategy and tactics to improve the acquisition, development, and retention of diverse talent and suppliers. She most recently served as Senior Director, Global Diversity Equity & Inclusion for UnitedHealth Group. She has also held past roles at organizations including U.S. Bancorp, Rocky Mountain Minority Supplier Development Council, Xcel Energy, and Colorado Housing and Finance Authority.
DOW

Hot Stocks

09:02 EST Dow Inc. names Andre Argenton as chief sustainability officer - Dow announces that Mary Draves, vice president of Environment, Health and Safety and chief sustainability officer, has announced her decision to retire in April, following more than 32 years of service with Dow. Andre Argenton, vice president of Core Research and Development, has been named vice president, EH&S and chief sustainability officer, and will assume the role upon Draves' retirement. Argenton will be responsible for corporate EH&S governance and corporate sustainability, including the reporting and disclosure of Dow's Environmental, Social, Governance performance.
CWBC

Hot Stocks

09:02 EST Community West Bank appoints William Filippin as president, CCO - Community West Bancshares announced that William Filippin, President of Community West Bank, will resume the position of Chief Credit Officer of the Bank, effective February 1, 2022. In this dual role, Filippin will assume all Chief Credit Officer responsibilities while continuing to serve as President. Filippin has been with the Bank since 2015, and prior to becoming President, he served as Chief Administrative and Chief Credit Officer from 2020-2021.
MAXN

Hot Stocks

09:01 EST Maxeon Solar partners with Omnidian for expansion in U.S. C&I solar market - Maxeon Solar announced an expanded sales initiative in the U.S. Commercial and Industrial - C&I - solar market. As part of this business expansion, Maxeon will sell Maxeon-branded IBC solar panels together with a Performance Assurance product from Omnidian. Omnidian, a Seattle-based leading provider of comprehensive protection and performance assurance plans for solar systems, will bundle one-year of Omnidian's Shield Plan with commercial systems larger than 250 KW sold by Maxeon. Omnidian will also offer the option to extend coverage for multiple years. As part of this collaboration, Omnidian will facilitate access for Maxeon to Omnidian's existing US customer base to expand Maxeon's C&I market footprint. Omnidian's Shield Plan for Maxeon systems above 250 kW will include comprehensive system protection, preventive maintenance, covered corrective maintenance, professional monitoring, and a cash-back performance guarantee on up to 95% of forecasted energy. Omnidian's cash-back performance guarantee transfers certain solar energy generation risks away from the solar asset owner-including weather risk.
OTRA

Hot Stocks

09:00 EST OTR Acquisition Corporation (Class A Stock) trading resumes
ALV

Hot Stocks

08:58 EST Autoliv sees FY22 organic sales growth of around 20% - As part of its Q4 earnings report last week, the company also guided 2022 around 9.5% adjusted operating margin and around $950M in operating cash flow.
PHRRF

Hot Stocks

08:52 EST PharmaTher treatment for status epilepticus granted FDA orphan designation - PharmaTher's ketamine hydrochloride was granted FDA orphan designation as a treatment for status epilepticus, according to a post to the agency's website. Reference Link
AUVI

Hot Stocks

08:48 EST Applied UV announces initial order from TDOC for Scientific Air S-400 - Applied UV announces it has received a significant initial order from the Tennessee Department of Correction for its Scientific Air S-400 patented 24/7 large air volume, whole room UV-C pathogen killing technology for use in its Prison and Correctional Facilities protecting incarcerated individuals and staff from COVID-19 and other pathogens. The Scientific Air technology is currently deployed and supports patients, staff and visitors in large medical facilities and hospitals across the country as they address the growing need for effective and safe airborne Infection prevention. With this order, Applied UV is making its entry into the prison and correctional facilities vertical, a large and significant new market.
EEVVF

Hot Stocks

08:45 EST Eve & Co announces shares for debt transaction - Eve & Co announced it has entered into debt settlement agreements with certain directors, officers, employees, and debentureholders whereby it has agreed to settle an aggregate of $657,000 in payables owed to the Parties related to expenses, loans and services rendered to the Company up to January 2022 in exchange for an aggregate of 5,189,606 common shares in the capital of the Company. The Company is proposing to issue the Settlement Shares to settle the Payables in order to preserve cash for general working capital purposes. Pursuant to the terms of the Debt Settlement Agreements, the Company has agreed to issue an aggregate of 908,677 Settlement Shares at a deemed issuance price of $0.12 per Settlement Share in full and final satisfaction of $109,041 of certain trade payables, directors' fees, and salaries and an aggregate of 4,280,929 Settlement Shares at a deemed issuance price of $0.128 per Settlement Share in full and final satisfaction of $547,959 owed to the holders of the Company's outstanding 10% unsecured convertible debentures that were issued on December 11, 2020. Insiders of the Company are expected to receive 1,916,667 Settlement Shares in settlement of $242,500 of debt. Pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, the settlement of the Payables will constitute a "related party transaction" as the Insiders are considered to be related parties to the Company. The Company will rely on exemptions from the formal valuation and minority approval requirements of MI 61-101 as the fair market value of the securities to be distributed to, and the consideration received from, the Insiders will not exceed 25% of the Company's market capitalization. The settlement of the Payables has been approved by all of the independent directors of the Company. All securities issued pursuant to the Debt Settlement Agreements will be subject to statutory and TSX Venture Exchange hold periods until the date that is four months and one day from the date of issuance.
OTMO

Hot Stocks

08:42 EST Otonomo Technologies, NextBillion.ai announce partnership - Otonomo Technologies and NextBillion.ai announced their partnership through which NextBillion.ai will offer its customers access to multi-layered, multi-brand OEM connected vehicle data from Otonomo's platform across North America and Europe. The availability of global embedded data as processed and provided by Otonomo within NextBillion.ai's platform will assist businesses in meeting the modern mobility demands. Otonomo's vehicle data and insights will assist NextBillion.ai in serving mobility and logistics use cases across a range of industries. "Otonomo's partnership with NextBillion.ai represents a step forward in the mobility intelligence solutions available to fleets, EV providers, smart cities and others," says Ben Volkow, CEO and Co-Founder of Otonomo. "Our data and insights will add clarity and accuracy to the mapping and routing tools used to deliver a wide range of traffic and transportation-related services," he adds. NextBillion.ai's spatial data platform will leverage this partnership to build enhanced maps, enabling use cases that are not possible using typical mapping platforms.
GMDA

Hot Stocks

08:40 EST Gamida Cell to begin rolling BLA submission for omidubicel - We are pleased that productive interactions with the FDA enable us to initiate a rolling submission of the BLA for omidubicel this quarter and to complete the full BLA submission during the first half of this year," said Julian Adams, Ph.D., Chief Executive Officer of Gamida Cell. "As we advance omidubicel towards potential approval, we will be assessing strategic alternatives for the best way to bring this important therapy to patients, including potential U.S. or global commercialization partnerships. With the strategic steps we are taking, we believe Gamida Cell will be in a stronger position to support omidubicel through the regulatory approval process while we also continue to advance our NK cell pipeline programs, all as intended to serve our goal of providing access to life-saving cell therapies to patients in need." Gamida Cell ended 2021 with approximately $96.1M in cash and cash equivalents. The company expects cash used for ongoing operating activities in 2022 to range from $60M to $70M in cash and cash equivalents based on its current operating plans. The company anticipates that its current cash will support the company's ongoing operating activities into mid-2023, excluding any additional financing or business development activities that may be undertaken. Gamida Cell plans to report its fourth quarter and full-year 2021 financial results on March 16, 2022, at which time the company will provide an update on its 2022 milestones and more detailed financial guidance.
HDSN

Hot Stocks

08:40 EST Hudson, AprilAire partner to meet requirements of recent CARB Regulation Order - Hudson Technologies and AprilAire announced they will work together to meet the requirements of the recently finalized California Air Resources Board, CARB, Regulation Order for Reclaimed Refrigerant Use for Manufacturers of AC Equipment. In 2022, under the partnership, Hudson will supply reclaimed refrigerant to AprilAire for use in its range of healthy indoor air quality solutions. Brian Coleman, President and Chief Executive Officer of Hudson Technologies, commented, "Hudson was founded on a commitment to sustainability, and we are thrilled to further strengthen our long-term partnership with AprilAire as it leads the way using reclaimed refrigerant for its Healthy Air Solutions. Together, our focus on recovering, reclaiming, and reusing refrigerants reduces waste and greenhouse gas emissions, and creates maximum economic value for used refrigerants. We look forward to working with AprilAire to support their reclaimed refrigerant needs."
PAYA

Hot Stocks

08:38 EST Paya Holdings announces launch of PayaGov - Paya announced the launch of PayaGov, the company's solutions and domain experts serving government agencies, municipalities, and service providers. "The launch is a key milestone in the strategic alignment of Paya's market-leading government and municipality franchises, and reinforces Paya's commitment to, and position in, this key vertical," the company said. As of year-end 2021, PayaGov serves over 2,000 government agencies and municipalities in 24 states, processing over 8 million payments per year, and delivering over $1 billion in revenue to its government and municipal clients. "We are very excited to introduce PayaGov, building on our market-leading franchise and momentum in this key vertical," said Ben Weiner, chief strategy officer at Paya. "The launch marks the full integration of our First Billing Services and Payment Group brands, consolidating our government solutions and expertise to deliver a stronger value proposition to the market. This alignment will serve as a catalyst for greater innovation and service for our clients, as well as a foundation for continued long-term growth."
AQB

Hot Stocks

08:36 EST AquaBounty initiates site preparations for construction of Ohio salmon farm - AquaBounty Technologies announced the initiation of site preparations for the construction of the Company's planned 10,000 Metric Ton salmon farm in Pioneer, Ohio.
OTRA

Hot Stocks

08:36 EST Comera Life Sciences to become public through OTR Acquisition combination - Comera Life Sciences and OTR Acquisition announced they have entered into a business combination agreement. The transaction is expected to provide Comera with access to the public equity markets and thereby position Comera to accelerate the development and advancement of its internal portfolio of subcutaneous therapeutics incorporating the company's innovative proprietary SQore formulation platform. Following the closing of the transaction, the combined company will continue to operate under the Comera management team. The combined company, Comera Life Sciences, is expected to have a combined implied initial pro forma equity value of approximately $258.4M translating into an enterprise value of approximately $151.3M, with the proposed business combination expected to provide approximately $107M in gross proceeds from the cash held in trust by OTR. All references to available cash from the trust account and retained transaction proceeds are subject to any redemptions by the public stockholders of OTR and payment of transaction fees and expenses. As part of the transaction, all Comera shares owned by Comera's existing equity holders will be converted into common stock of Holdco. At closing, approximately 12.6M shares of common stock of Holdco will be issued to the Comera stockholders at an implied value of $10.00 per share, before fees and expenses. The transaction also includes an earn-out to existing stockholders of Comera, consisting of approximately 3.15M additional shares of Holdco, which will be released to Comera stockholders if Holdco's share price is at or above $12.50 for 20 out of 30 consecutive trading days within two years post-closing. The transaction, which has been unanimously approved by both boards of directors of Comera and OTR, is subject to approval by stockholders of OTR and other customary closing conditions. The holders of a majority of the Comera voting power have approved the transaction. The proposed business combination is expected to be completed in Q2.
CLAQ

Hot Stocks

08:35 EST IKM Subsea selects Nauticus Robotics Olympic arm for ROV system - IKM Subsea has selected the Nauticus Robotics Olympic Arm, a fully electric work-class manipulator, for its subsea resident remotely operated vehicle system. The Olympic Arm increases subsea reliability and capability while extending residency dive time. It also boasts the strength, weight, and size characteristics of traditional work-class hydraulic arms without the chronic maintenance needs. Nauticus and IKM Subsea also plan to implement the Nauticus Software Suite, which can control the Olympic Arm and open the door to more advanced and intelligent ROV automation. IKM Subsea can leverage these increased capabilities to further enhance its winning service offering. On December 16, 2021, Nauticus Robotics and CleanTech Acquisition Corp. entered into a definitive business combination agreement that will result in Nauticus Robotics becoming part of a public company.
RPAY

Hot Stocks

08:34 EST Repay Holdings announces David Guthrie as Chief Technology Officer - Repay Holdings announced the addition of David Guthrie to the executive team in the role of Chief Technology Officer . In his role as CTO, Guthrie will focus on bringing the company new capabilities, integrating technologies via mergers and acquisitions, and product development at scale to further strengthen REPAY's role in providing exceptional payment processing solutions. Guthrie brings extensive experience driving technology and product strategies, with a deep understanding of converging internet, communications, web, and software technologies. He joins REPAY from Sharecare, the digital health company that helps people manage all their health in one place, where he was the Chief Information Officer and Chief Information Security Officer. In these dual roles, Guthrie balanced technical understanding and leadership communication to his oversight of security, IT, and M&A assessments for the company. Prior to joining Sharecare, he held leadership roles with various private and public companies, including Chief Technology Officer of MedCast/WebMD with a focus on webmd.com consumer content and delivery technologies, Chief Technology Officer of PGi where he led all global technology ops, R&D, product and the integration of numerous acquired technologies, Chief Product Officer of PatientPoint, partner at Fuqua Ventures, and multiple board and advisory positions for healthcare IT and communication services companies. Throughout his career, his responsibilities have included technology strategy, product management, research and development, technical operations, user experience design, and security.
IDAI

Hot Stocks

08:33 EST Trust Stamp begins trading on Nasdaq Capital Market - Trust Stamp begins trading on the Nasdaq Capital Market under the ticker symbol "IDAI", having uplisted from the OTCQX Best Market.
VIRX

Hot Stocks

08:32 EST Viracta Therapeutics doses first patient in Phase 1b/2 Nana-val trial - Viracta Therapeutics announced that the first patient has been dosed in the multinational Phase 1b/2 trial of its all-oral combination product, Nana-val in patients with Epstein-Barr virus-positive - EBV+ - recurrent or metastatic nasopharyngeal carcinoma and other advanced EBV+ solid tumors. The trial is designed to evaluate the safety and preliminary efficacy of Nana-val alone and in combination with the PD-1 inhibitor pembrolizumab. The trial evaluates Nana-val alone and in combination with pembrolizumab. Additionally, patients with other advanced EBV+ solid tumors will be enrolled to receive Nana-val at the RP2D in a Phase 1b dose expansion cohort.
VERU

Hot Stocks

08:32 EST Veru announces FDA grants Fast Track designation for sabizabulin - Veru announced that the U.S. Food and Drug Administration, FDA, has granted Fast Track designation to the Phase 3 registration program for the investigation of sabizabulin, a novel, proprietary, oral cytoskeleton disruptor with both anti-viral and anti-inflammatory properties, to combat COVID-19 infection and the cytokine storm that is responsible for Acute Respiratory Distress Syndrome, ARDS, and death. "We are very pleased that the sabizabulin therapeutic for COVID-19 clinical program has received Fast Track designation from the FDA, a distinction that underscores the urgent need for new, novel, effective therapies to be used along with vaccinations to combat this COVID-19 pandemic," said Mitchell Steiner, MD, Chairman, President and Chief Executive Officer of Veru. "It is clear that an effective and safe oral therapeutic that prevents deaths in hospitalized patients with moderate to severe COVID-19 disease who are at high risk for ARDS is desperately needed. We strongly believe that sabizabulin with its anti-viral and anti-inflammatory properties and a favorable safety profile can be that greatly needed oral therapy for hospitalized COVID-19 patients with serious illness. We look forward to ongoing, productive regulatory interactions with the FDA, which are further enabled with this designation."
MGM

Hot Stocks

08:31 EST BetMGM retail sportsbook opens at Nationals Park in Washington, D.C. - BetMGM and the Washington Nationals announced the opening of the first retail sportsbook connected to a Major League Baseball stadium. The BetMGM Sportsbook at Nationals Park is open year-round, providing sports fans an innovative entertainment destination to watch and wager on games. Publicly accessible from N Street SE next to Center Field Gate, the new sportsbook features 40 big-screen TVs with live odds boards that update as the action progresses. Visitors can place wagers directly with cashiers at six betting windows or utilize user-friendly betting kiosks. Additionally, the BetMGM Sportsbook offers full-service beverage and dining options.
IMTE

Hot Stocks

08:30 EST Integrated Media Technology signs exclusive NFT creation agreement - Integrated Media Technology signed an exclusive NFT creation agreement with Wan Fung Art Gallery to mint their Masterpieces of Chinese fine art for sale on IMTE's Ouction marketplace. The exclusive agreement is for a term of one year and renewable upon the agreement of both parties. Wan Fung Art Gallery, located in Hong Kong, has been in operation since 1986 and focuses on the sale of paintings, calligraphies, drawings and artifacts. Wan Fung Art Gallery has galleries in Beijing, Shanghai and Guangzhou and in Hong Kong. IMTE will mint the art works into NFT at no cost to Wan Fung Art Gallery, and these NFTs will be sold on its Ouction marketplace. A total of about 500 NFTs are expected to be minted and available on the Ouction platform in February.
CTXS

Hot Stocks

08:30 EST Citrix trading resumes
GLRE

Hot Stocks

08:26 EST Greenlight Re receives 'in-principle' approval for insurtech-focused syndicate - Greenlight Re Innovations has received 'in-principle' approval from Lloyd's to establish an insurtech-focused syndicate. Syndicate 3456, which will commence operations in the second quarter of 2022, will be established under the innovative "Syndicate-in-a-box" model. It will be managed by Asta, the leading third-party managing agent at Lloyd's. Greenlight Re Innovations has built a market-leading reputation in early stage insurtech and has made 20 investments to date. Syndicate 3456 will enable Greenlight Re to provide capacity to its growing portfolio of insurtechs. The Company will appoint Andy Gladwin as active underwriter for Syndicate 3456. Andy, who has over 30 years of experience in the London market, joined Greenlight Re in November 2020 as Managing Director of Greenlight Re Marketing Limited.
OTRA

Hot Stocks

08:25 EST OTR Acquisition Corporation (Class A Stock) trading halted, news pending
KROS

Hot Stocks

08:24 EST Keros Therapeutics appoints Rovaldi as Chief Operating Officer - Keros Therapeutics announced the appointment of Christopher Rovaldi as Keros' Chief Operating Officer, effective as of February 1, 2022. Rovaldi previously served as a consultant to Keros. Rovaldi joins Keros after most recently serving as a consultant to biotechnology companies since August 2018, including through his role as President of NS Biopharma Consulting since May 2019.
HEOFF

Hot Stocks

08:23 EST H2O Innovation receives conditional approval to list on TSX - H2O Innovation announced that it has received conditional approval to list its common shares on the Toronto Stock Exchange. In connection with the listing, the Corporation will apply to voluntarily delist the Common Shares from the TSX Venture Exchange Inc. to be effective as of the date the Common Shares commence trading on the TSX. In connection with the proposed TSX listing, the Corporation has amended its stock option plan to meet TSX standards. Final approval of the TSX listing is subject to the Corporation meeting certain customary conditions required by the TSX. The Corporation expects to satisfy all the requirements of the TSX in the coming weeks and will issue a press release once the TSX confirms the date when trading of the Common Shares is expected to begin on the TSX. Upon listing on the TSX, the Common Shares will continue to trade under the symbol "HEO."
JBHT BSET

Hot Stocks

08:23 EST J.B. Hunt to acquire Zenith Freight Lines from Bassett - J.B. Hunt Transport Services (JBHT) and Bassett Furniture (BSET) Industries announced that Bassett and J.B. Hunt Transport, the wholly-owned operating subsidiary of J.B. Hunt Transport Services, Inc., have entered into a definitive agreement under which J.B. Hunt Transport will acquire the assets of Zenith Freight Lines, a wholly-owned subsidiary of Bassett, for approximately $87M. Upon closing of the transaction, J.B. Hunt and Bassett will enter into a long-term master services agreement whereby J.B. Hunt will continue to provide the service Zenith has performed for Bassett. "This investment enhances J.B. Hunt's furniture delivery capabilities by expanding our nationwide, end-to-end supply chain solution for our customers, and we look forward to establishing a long-term connection with Bassett, a manufacturer and retailer of high-quality home furnishings and a leader in the industry," said John Roberts, president and CEO of J.B. Hunt. Based in Conover, NC, and founded by Jack and Debbie Hawn, Zenith provides specialized LTL transportation services for furniture manufacturers and retailers in the continental United States.
IGIC

Hot Stocks

08:21 EST International General Insurance appoints Stav Tsielepis as chief risk officer - International General Insurance announced the appointment of Stav Tsielepis as chief risk officer of the IGI group. Based in the company's London office, Tsielepis will work with the executive team with responsibility for administering IGI's risk management framework including the exposure management and capital modelling functions across the group. He will report to Andreas Loucaides, CEO of IGI UK.
TMC

Hot Stocks

08:20 EST TMC announces results from research on production of EV battery metals - Peer-reviewed research commissioned by The Metals Company and published in the Yale Journal of Industrial Ecology finds that producing four key battery metals from seafloor polymetallic nodules could reduce lifecycle solid waste by 59-93% compared to land ores. The peer-reviewed study starts with a demand scenario of producing four metals to supply one billion 75KWh EV batteries with a cathode chemistry of NMC 811. It then compares the solid waste streams generated during the production of four metals from two sources. Their analysis shows that producing electric vehicle battery metal feedstocks from land ores would on average generate over 270 kg of waste per every kg of nickel and 460 kg of waste per every kg of copper while nodule-derived values would be 83 and 29 kg of waste, respectively. Modelling a range of processing flowsheets - from near zero to very high solid waste - the researchers found that nodules delivered much smaller waste outputs. Polymetallic nodules lie unattached on the seafloor in the Clarion Clipperton Zone and contain high grades of four metals in a single ore, no toxic levels of heavy elements, and can be collected without digging, drilling or blasting.
HOTH

Hot Stocks

08:18 EST Hoth Therapeutics names John Cirrito, Carla Yuede to Scientific Advisory Board - Hoth Therapeutics announced the addition of John Cirrito, PhD and Carla Yuede, PhD to the company's Scientific Advisory Board. While serving on the Board, Dr. Cirrito and Dr. Yuede will oversee the development of HT-ALZ, an oral therapeutic in development under the 505(b)(2) regulatory pathway for the treatment of Alzheimer's disease and symptoms associated with AD. Hoth currently has a sponsored research agreement with Dr. Cirrito and Dr. Yuede through Washington University to execute preclinical proof of concept studies for HT-ALZ.
UNIT

Hot Stocks

08:18 EST Uniti Group announces dark fiber sale to infrastructure provider - Uniti Group announced that it has been selected by a leading network infrastructure provider to deliver high-capacity dark fiber connectivity to several key markets across the country. This custom-designed dark fiber solution provides our customer with better control and performance of its network and will include eight diverse segments spanning almost 2,000 route miles of metro and long-haul fiber, while connecting premier tier 1 and tier 2 markets from the Midwest to the Mid-Atlantic. Aligning with its continued commitment of driving lease-up on its 126,000 fiber route mile national network, Uniti will also install five new regional colocation facilities along the routes as part of this project, allowing for incremental colocation customers. With twelve new data center connections in those same Midwest and Mid-Atlantic regions, Uniti will add strategic on-net locations, providing more diversity and connectivity choices for its customers.
IMMX

Hot Stocks

08:17 EST Immix Biopharma initiates IMX-110 GMP manufacturing scale-up - Immix Biopharma announced that it has initiated IMX-110 Good Manufacturing Practice scale-up manufacturing, potentially accelerating the timeline to clinical data from two ImmixBio clinical trials planned for 2022: first, planned monotherapy IMX-110 clinical trial in soft tissue sarcoma; second, planned combination IMX-110 + BeiGene anti-PD-1 tislelizumab clinical trial in advanced solid tumors. "Initiating GMP manufacturing 36 days after the closing of our IPO puts us on a path of potentially accelerating our clinical trials," said Ilya Rachman, MD PhD, CEO of ImmixBio. "We believe this step paves the way to execute our planned milestones at an accelerated pace."
ICNAF

Hot Stocks

08:16 EST Icanic Brands provides update on status of Management Cease Trade Order - Icanic Brands Company is providing this update on the status of a management cease trade order granted on November 30, 2021 by the British Columbia Securities Commission under National Policy 12-203 - Management Cease Trade Order. On November 30, 2021, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements and accompanying management's discussion and analysis for the fiscal year ended July 31, 2021 beyond the period prescribed under applicable Canadian securities laws. In addition, the delay in the annual statements has resulted in the interim financial statements and accompanying management discussion and analysis for the three-month period ended October 31, 2021 being delayed beyond the period prescribed as well. The Company reports that the British Columbia Securities Commission has granted a further extension of the MCTO, and that the Company anticipates filing the Annual Filings and the Interim filings for period ended October 31, 2021, on or before February 11, 2022. Further updates on timing will be provided by the Company as necessary. During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares. However, the Company's chief executive officer and chief financial officer will not be able to trade in the Company's shares. Other than as disclosed in this news release, there are no material changes to the information contained in the Default Announcement. The Company confirms that it intends to satisfy the provisions of NP 12- 203 and will continue to issue bi-weekly default status reports for so long as it remains in default of the Annual Filings requirement.
GBOX

Hot Stocks

08:15 EST GreenBox, convertible note investor collaborate to mitigate conversion risk - GreenBox POS announced that it has entered into an agreement with respect to the $100 million convertible note financing, originally entered into on November 2, 2021, in order to relieve immediate conversion concerns. Under the agreement, as detailed on the Company's simultaneously filed Form 8-K, certain conversion triggers will be extended from February 3rd to May 2, 2022. This 90-day extension offers GreenBox the time to push its business forward toward increased growth, leading to a potentially higher valued stock price, and perhaps, even driving it to a level where the note may be cleared altogether. In the spirit of a mutually beneficial arrangement, GreenBox has agreed to reduce the note principal by $6,000,000, down to $94,000,000 from the original $100,000,000 in consideration of a payment of $6.9 million. Expressing enduring confidence in GreenBox, the investor has agreed to adjust the initial conversion price from $15 to $12, reflecting an adjusted enterprise value of $540,000,000 for the Company, representing a significant premium to the current market cap.
RSI

Hot Stocks

08:15 EST Rush Street Interactive moves into Mexico through Grupo Multimedios partnership - Rush Street Interactive announced that it has entered into an exclusive partnership with Mexican media conglomerate Grupo Multimedios to bring RSI's award-winning online gaming platform to Mexico. Under the terms of the 25-year agreement, RSI will operate online casino and sports betting countrywide in close partnership with Grupo Multimedios, a subsidiary of which holds a license to operate online gaming in Mexico. The partnership also enables RSI to leverage Grupo Multimedios' vast array of media assets and distribution channels for promotional and content integration purposes. RSI and Grupo Multimedios expect to launch operations in the second quarter of 2022. Grupo Multimedios, whose rich history in Mexico dates back 89 years, spans multiple industries including media, sports, entertainment, wines, food, retail and real estate. The company's portfolio of media assets encompasses television, radio, print, billboards, and digital, and includes Mediotiempo, a digital sports property attracting more than 7 million unique users per month, and growing at a 29% CAGR; Milenio, the number one digital national news and information source in Mexico with 27.7M unique users per month; and Canal 6, its network of 22 television stations and 63 radio stations.
ENPH

Hot Stocks

08:13 EST Enphase Energy expands battery storage in Massachusetts - Enphase Energy announced that Enphase installers in Massachusetts have seen an increase in deployments of the Enphase Energy System, powered by IQ Microinverters and IQ Batteries, as extreme weather and power outages continue to impact the state. "We are proud to partner with the best installers in Massachusetts to deploy our industry-leading products so homeowners can truly become resilient and take control over their energy future," said Dave Ranhoff, chief commercial officer at Enphase. "Helping to provide an exceptional customer experience is part of our DNA. The Enphase Energy System, powered by IQ Microinverters and IQ Batteries, has revolutionized home energy and we look forward to continuing to set a high standard with ongoing innovation for years to come."
JVA

Hot Stocks

08:13 EST Coffee Holding board declares special dividend of 7c per share - "Finally, as we generated a profit this past fiscal year, I am pleased to announce that our board of directors approved a special dividend, our first in over ten years, of $0.07 per share of our outstanding common stock. The dividend is payable on February 21, 2022 to stockholders of record at the close of business on February 10, 2022," concluded CEO Andrew Gordon.
BIGC

Hot Stocks

08:12 EST BigCommerce launches in Germany, Mexico and Spain - BigCommerce announced it has extended its global presence into Germany, Mexico and Spain. With BigCommerce's flexible enterprise-grade ecommerce platform and best-of-breed partner network, local merchants will be able to build, scale and grow their B2C and B2B businesses internationally and leverage industry-leading omnichannel capabilities for marketplace selling to drive revenue. The company's latest expansion comes six months after its successful launch into France, Italy and the Netherlands and marks BigCommerce's official market entry into Latin America.
CLSN

Hot Stocks

08:11 EST Celsion advances proof of concept to NHP challenge study for SARS-CoV-2 vaccine - Celsion Corporation announces it has engaged BIOQUAL to conduct a non-human primate, NHP, challenge study with Celsion's DNA-based approach for a SARS-CoV-2 vaccine. The NHP pilot study follows the generation of encouraging mouse data and will evaluate the Company's lead vaccine formulations for safety, immunogenicity and protection against SARS-CoV-2. "We are pleased to have engaged BIOQUAL to support the advancement of our PLACCINE platform research and look forward to beginning non-human primate challenge studies with the initial proof of concept based on a single variant antigen," said Michael Tardugno, chairman, president and chief executive officer of Celsion. "We expect NHP studies to begin during the second quarter of 2022 with the goal of generating important data to inform human clinical studies."
PLIN

Hot Stocks

08:09 EST China Xiangtai Food announces pricing of $16M registered direct offering - China Xiangtai Food announced that it entered into a securities purchase agreement with certain investors to sell up to $16,130,716 of its ordinary shares in a registered direct offering and ordinary share purchase warrants in a concurrent private placement. Under the terms of the securities purchase agreement, the Company has agreed to sell 18,124,400 ordinary shares in a registered direct offering and warrants to purchase 18,124,400 ordinary shares in a concurrent private placement pursuant to an exemption from the registration requirements of the Securities Act of 1933 provided in Regulation S promulgated thereunder. The warrants will be exercisable 60 days from the date of issuance and have an exercise price of US$1.008. The warrants will expire five years from the date of issuance. The purchase price for one ordinary share and one corresponding warrant will be US$0.89. The gross proceeds to the Company are estimated to be US$16,130,716 before deducting placement agent fees and other estimated offering expenses. The Company plans to use the net proceeds from the offering for new business assessment and acquisition, product research and development, marketing and business development, and working capital and general business purposes. The registered direct offering and the concurrent private placement are expected to close on or about February 2, 2022, subject to satisfaction of customary closing conditions. Univest Securities, LLC is acting as the exclusive placement agent for this offering. Ortoli Rosenstadt LLP serves as counsel to the Company, and Hunter Taubman Fischer & Li LLC serves as counsel to Univest Securities, LLC in connection with the offering.
JBHT BSET

Hot Stocks

08:09 EST J.B. Hunt to acquire Bassett unit Zenith Freight for $87M - J.B. Hunt Transport Services (JBHT) and Bassett Furniture (BSET), a manufacturer and marketer of home furnishings, announced that Bassett and J.B. Hunt Transport the wholly-owned operating subsidiary of J.B. Hunt Transport Service have entered into a definitive agreement under which J.B. Hunt Transport will acquire the assets of Zenith Freight Lines a wholly-owned subsidiary of Bassett, for approximately $87M.
ATNF

Hot Stocks

08:08 EST 180 Life Sciences CEO Woody issues letter to stockholders - 180 Life Sciences released the following letter to shareholders from its Chief Executive Officer, Dr. James Woody. "Dear Fellow Shareholders... To begin, I would like to comment on our current share price. On a macro basis, and in general, we are not an anomaly as both the market and the biotech sector have been declining precipitously... While we are not pleased with the recent drop, we have an unfaltering belief in the Company and remain focused on creating fundamental value that we expect will ultimately be reflected over time... Turning your attention to our clinical programs, I would like to recap that in December 2021, we had announced top line results for our Phase 2b trial in early Dupuytren's Contracture, the Company's most advanced clinical program...As previously reported, the study met both primary and secondary endpoints with statistical significance by diminishing the hardness and size of the Dupuytren's nodules, respectively...We believe there is a tremendous market opportunity for treating early-stage Dupuytren's, as we are not aware of any competitors developing such targeted therapies. Based on independent market research conducted by Red Sky Partners on behalf of the Company, the US patient population for Dupuytren's stands at approximately 16 million... In an effort to bring this therapy to market, we have engaged regulatory consultants to assist in discussions with the US Food and Drug Administration and the UK equivalent, the Medicines and Healthcare products Regulatory Agency, to help determine the optimal path forward to a potential regulatory approval. Initial meetings with these regulatory bodies are currently planned for late March or early April of 2022. Our other clinical programs in frozen shoulder and post-operative cognitive delirium are expected to be primarily funded through non-dilutive grants. We currently plan to start the trial for frozen shoulder in Q1/Q2 2022 and for POCD in Q3/Q4 2022. "
PAE

Hot Stocks

08:08 EST PAE achieves certifications for aerospace industry standards - PAE announced it has achieved the AS9100D standard established by the International Aerospace Quality Group. This standard recognizes organizations that deliver products and services within aviation, space and defense fields by setting quality management system requirements. PAE Interim President and CEO Charlie Peiffer said the most recent certification puts PAE at the forefront of aerospace and aviation innovation. PAE Director of Performance Excellence for GMS John Bennett and Vice President of Readiness and Sustainment Cristal Rice led the efforts to achieve the AS9100D certification. The British Standards Institution awarded PAE the certification after an extensive audit that found PAE conformed to the certification standards. The AS9100D certification can be achieved by all levels of the supply chain by organizations around the world to improve quality, cost and delivery performance.
PTOTF

Hot Stocks

08:06 EST U.S. OIG selects Patriot One Technologies' patron screening solution - Patriot One Technologies announced that The U.S. Office of the Inspector General has selected Patriot One's Multi-Sensor Gateway patron screening solution for use at its headquarters building in Washington, D.C. to secure employee entrances. This next-generation patron screening will play an important role in improving employee safety, while providing them with a more convenient experience by eliminating the need for people to empty their pockets or have their bags checked separately.
CTXS

Hot Stocks

08:05 EST Citrix to be acquired by Vista, Evergreen in $16.5B all-cash transaction - Citrix announced that it has entered into a definitive agreement under which affiliates of Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen, an affiliate of Elliott, will acquire Citrix in an all-cash transaction valued at $16.5B, including the assumption of Citrix debt. Under the terms of the agreement, Citrix shareholders will receive $104.00 in cash per share. The per share purchase price represents a premium of 30% over the company's unaffected 5-day VWAP as of December 7, 2021, the last trading day before market speculation regarding a potential transaction, and a premium of 24% over the closing price on December 20, 2021, the last trading day prior to media reports regarding a potential bid from Vista and Evergreen. In connection with the transaction, Vista and Evergreen intend to combine Citrix and Tibco Software, one of Vista's portfolio companies.
BRP

Hot Stocks

08:04 EST BRP Group promotes Seth Cohen to General Counsel - BRP Group is pleased to announce that Seth Cohen has been promoted to General Counsel and Corporate Secretary of BRP Group, effective January 31. In his role reporting to Trevor Baldwin, Chief Executive Officer of BRP Group, Mr. Cohen will lead BRP Group's legal, compliance and regulatory function.
NDAQ

Hot Stocks

08:04 EST Nasdaq Fund Network adds 555 new 529 plan share classes in 2021 - Nasdaq announced that it added over five hundred and fifty 529 plan share classes to the Nasdaq Fund Network in 2021, a 68% increase and more than double than any previous year-over-year increase. The Nasdaq Fund Network provides searchable ticker symbols and daily pricing, which allow more transparency into 529 savings plans for investors across hundreds of retail brokers and media sources. Nasdaq also added six new state plans to the Nasdaq Fund Network in 2021: BlackRock in Ohio, Nuveen in Colorado, My529 in Utah, Franklin Templeton in New Jersey, Fidelity in Connecticut, and Voya in Wisconsin. Currently over 1,300 529 plan share classes are registered on Nasdaq Fund Network, covering 12 states.
LKNCY

Hot Stocks

08:03 EST Luckin Coffee announces restructuring effective date has occurred - Luckin Coffee announced that pursuant to its previously announced scheme of arrangement, all of the conditions precedent to the effective date of the restructuring contemplated in the Scheme have been satisfied . Accordingly, the Scheme-which governs the restructuring of Luckin Coffee's $460M 0.75% Convertible Senior Notes due 2025-has been substantially consummated and the Restructuring Effective Date has occurred. "Today's development marks the culmination of extraordinary efforts from the Luckin Coffee team and outstanding support from our creditors and stakeholders," said Dr. Jinyi Guo, Chairman and CEO of Luckin Coffee. "We have greatly appreciated the professionalism and guidance of the Joint Provisional Liquidators throughout this pivotal and transformative process. Luckin Coffee is moving forward from a position of financial strength and remains focused on the continued execution of our growth strategy. The Board and management team are confident in our future and our ability to deliver sustainable growth and profitability while providing outstanding products and services to our customers." In aggregate, the Company has issued Scheme Consideration totaling $245.5M of cash, $109.9M of 9.00% Series B Senior Secured Notes due 2027 and 9,235,902 ADSs representing 73,887,216 class A ordinary shares.3The New Notes now represent the Company's only offshore debt securities. The occurrence of the Restructuring Effective Date follows unanimous approval of the Scheme by the voting holders of the Existing Notes, sanction of the Scheme in the Cayman Islands and recognition and enforcement of the Scheme in the United States, each of which was uncontested. The parties to the amended winding up petition dated January 7, 2021 which preceded the application by the Company for the appointment of Joint Provisional Liquidators, expect to apply consensually to the Cayman Court for leave to withdraw or have the Petition dismissed, with resultant discharge of the Joint Provisional Liquidators, as soon as reasonably practicable. Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited have served as Joint Provisional Liquidators of the Company since July 15, 2020.
MULN

Hot Stocks

08:02 EST Mullen Automotive, Comau team up for full-scale automotive body assembly - Mullen Automotive announces today a strategic alliance with Comau for the build-out of a vehicle body shop at Mullen's Advanced Manufacturing and Engineering Center, AMEC, in Tunica, Mississippi. Mullen Automotive and Comau are joining forces to develop a state-of-the-art body shop for the new and upcoming Mullen FIVE EV Crossover. Comau is supporting Mullen's plans in designing the processes and equipment for the AMEC facility in Tunica, where the FIVE will be produced. "Comau is an international leader in developing world-class automation technology and vehicle body shops for the automotive industry. We are excited to have them working on developing our body shop plan for Tunica AMEC," said David Michery, CEO and chairman of Mullen Automotive.
ERJ

Hot Stocks

08:00 EST Embraer's Beacon maintenance platform selected by Russia's Jet Flight Services - EmbraerX signed an agreement with Jet Flight Service - JFS -, a global MRO service provider headquartered in Russia certified by the European Union Aviation Safety Agency and Russian Federal Agency for Air Transport. This partnership is supporting Jet Flight Service in gaining efficiencies by onboarding their teams into Beacon's multi-sided platform. JFS decided to join the platform aiming to improve coordination during maintenance operations. Incubated by EmbraerX, Embraer's market accelerator for disruptive businesses, Beacon is a maintenance coordination platform designed to connect and synchronize industry resources, the aftermarket supply chain, and aviation services professionals to keep aircraft flying.
CTXS

Hot Stocks

07:55 EST Citrix trading halted, news pending
BWAY

Hot Stocks

07:42 EST Brainsway announces final LCD published on BrainsWay Deep TMS system - BrainsWay announced that a final Local Coverage Determination, LCD, has been published providing coverage applicable to the BrainsWay Deep TMS system for the treatment of obsessive-compulsive disorder, OCD. The final LCD was issued by the Medicare Administrative Contractor, MAC, Palmetto GBA, which covers Medicare patients in Alabama, Georgia, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia. The final LCD was published following a formal meeting hosted by Palmetto last year and a subsequent review period. The formal LCD will be effective on March 13, 2022. "This formal policy issued by Palmetto, one of seven MACs in the U.S., brings the total number of covered lives eligible for Deep TMS OCD coverage to approximately 60 million, an important reimbursement achievement for our company," said Christopher von Jako, Ph.D., President and Chief Executive Officer of BrainsWay. "This final LCD is supported by the large body of compelling clinical evidence demonstrating the meaningful benefits derived by OCD patients from treatment with our innovative Deep TMS technology. We continue to work diligently to secure further coverage policy decisions from additional payors, and believe that, over time, other MACs will issue draft policies for Deep TMS coverage of OCD."
BIIB

Hot Stocks

07:40 EST Biogen announces Leaming and Posner to retire from board of directors - Biogen announced that Nancy Leaming and Brian Posner will retire from Biogen's Board of Directors, effective at the time of the Company's 2022 annual meeting of stockholders. Leaming and Posner joined the Biogen Board in 2008.
AACI ZONE

Hot Stocks

07:41 EST Rezolve appoints Stephen Perry, Derek Smith to board of directors - Rezolve announced the expansion of its board of directors with the addition of two new members, Dr. Stephen Perry and Dr. Derek Smith On December 17, 2021, Rezolve announced that it had entered into a definitive business combination agreement with Armada Acquisition Corp. I (AACI), a publicly traded special purpose acquisition company. Upon closing of the transaction, the combined company's shares are expected to trade on the NASDAQ under the ticker symbol "ZONE". Perry currently serves as a Board member or advisor to a number of disruptive companies in the payments and data analytics sectors, and has served as a Senior Advisor to Rezolve since 2019. Smith spent 16 years with The Economist in various leadership roles, including President of Asia Pacific, and more recently Smith has served as a consultant, advisor and board member for a number of small and medium sized businesses.
HUMA

Hot Stocks

07:38 EST Humacyte announces clinical case series on investigational HAV - Humacyte announced results from the first series of compassionate use cases of Humacyte's investigational Human Acellular Vessel, HAV, for the treatment of critical limb ischemia and vascular trauma. The HAVs were observed to remain patent and infection free in patients requiring vascular reconstruction, thereby highlighting the potential of the HAV to expand limb salvage options for patients who have exhausted current revascularization conduit options. These results were presented at the 46th Annual Winter Meeting of the Vascular and Endovascular Surgery Society, VESS. "Compassionate use cases are some of the most challenging cases, often representing second or third-line interventions. We believe the acellular, off-the-shelf availability and resistance to infection highlight the potential for the HAV to be well suited to these difficult revascularization scenarios caused by vascular trauma and advanced PAD where other therapies are not available," said Laura Niklason, M.D., Ph.D., Founder, President and Chief Executive Officer of Humacyte. "In these compassionate use cases, the HAV performed reliably in the face of infected fields and severe arterial disease, with no infections, and durably, with one patient remaining patent for the duration of the reporting period of 20 months. We believe these results underscore the potential of the HAV to greatly expand opportunities for limb salvage in trauma and urgent vascular reconstruction and we look forward to continuing to follow these patients to fully assess the durability of the HAV."
BGRY

Hot Stocks

07:37 EST Berkshire Grey secures $14M in new orders since November - Berkshire Grey announced it has recently secured $14M in new orders since November 2021. These new orders include $8M of orders from new customers and $6M of follow-on new orders from the Company's anchor accounts. The additional orders reflect growing demand from market-leading retailers, eCommerce providers, package handling companies and third-party logistics companies that rely on Berkshire Grey's AI-enabled robotic solutions to automate and transform their warehouse operations and meet soaring consumer expectations for on-demand order fulfillment. The new orders reinforce the Company's ongoing commercial momentum. In 2021 the Company: Increased orders by $84M, bringing total orders since inception to $200M. Doubled the number of customers year-over-year, including initial orders with new Fortune 100 and global retail brands. Ended the year with $105M of backlog. "We continue to demonstrate strong commercial momentum with these new orders. At $200M in total orders to date, we are proving the value we are delivering to our customers, enabling them to create long term competitive advantage in ecommerce, retail, and logistics, with our AI technology and robotic solutions," said Tom Wagner, CEO of Berkshire Grey.
OLMA TPTX

Hot Stocks

07:37 EST Olema Oncology appoints Naseem Zojwalla as Chief Medical Officer - Olema Pharmaceuticals (OLMA) announced the appointment of Naseem Zojwalla, M.D., as Chief Medical Officer. "Bringing more than 15 years of oncology and clinical development experience across the biopharmaceutical industry and academia, Dr. Zojwalla joins Olema as the company prepares to advance its lead therapeutic candidate, OP-1250," the company said. Dr. Zojwalla previously led clinical development and strategy at biopharmaceutical companies, including Turning Point Therapeutics (TPTX) and Peloton Therapeutics. Dr. Zojwalla succeeds Pamela Klein, M.D., who as part of a planned leadership transition, will continue to work with the company both as a senior strategic advisor and as a newly appointed member of Olema's Scientific Advisory Board.
REKR

Hot Stocks

07:36 EST Rekor Systems CEO issues shareholder letter recapping strategic business plans - Rekor Systems announced that CEO Robert A. Berman, has issued a letter to shareholders recapping strategic business plans and recent advancements that have positioned the Company for future growth. In the letter, Mr. Berman provides an assessment of the unwanted impact that heavy traffic and congestion have had across the United States and how Rekor's solutions can quickly and efficiently address problems in a truly sustainable way. The letter also recaps an unbiased assessment of market of opportunities by KPMG, the launch of intelligent infrastructure projects across multiple states, and insight on a privacy filter developed by the Company that enables sensors to collect and analyze rich data sets that can be securely shared with multiple agencies for use in traffic management, incident response, planning, and maintenance functions. Mr. Berman's letter to shareholders details many commercial and public sector use cases where the strength of Rekor's innovative products and solutions addresses clients' many and diverse business problems. It highlights various business and development opportunities for Rekor's AI software in traffic management and compliance that have allowed the company to develop a single unified platform that can execute multiple client missions and represent significant revenue opportunities for the Company.
THRX

Hot Stocks

07:35 EST Theseus' treatment of gastrointestinal stromal tumors granted FDA orphan status - Theseus Pharmaceuticals' treatment of gastrointestinal stromal tumors was granted FDA orphan status, according to a post to the agency's website. Reference Link
QIPT

Hot Stocks

07:35 EST Quipt Home Medical announces revocation of management cease trade order - Quipt Home Medical announced that, as a result of the filing of its annual financial statements and management discussion & analysis for the financial years ended September 30, 2021 and 2020, and the CEO and CFO certificates, on January 27, 2022, the management cease trade order issued by the British Columbia Securities Commission on December 30, 2021 has been revoked by the BCSC effective January 28, 2022.
HTBX

Hot Stocks

07:34 EST Elusys finalizes HHS contract to deliver ANTHIm to US HHS - Elusys Therapeutics announced that it has finalized a contract with the Office of the Assistant Secretary for Preparedness and Response, ASPR, in the U.S. Department of Health and Human Services, HHS, for the continued supply of ANTHIM, an anthrax antitoxin, for use against a potential anthrax attack. "Elusys is pleased to continue its successful track record of supplying a critical medicine to treat the deadly effects of anthrax exposure," said Elizabeth Posillico, president and chief executive officer of Elusys. "ANTHIM is a key therapeutic in the U.S. government's preparedness strategy to protect the U.S. population against natural and man-made biothreats." The contract for the procurement of ANTHIM consists of a base period of performance, valued at $50M, which has been fulfilled. The contract includes options valued up to $31M. If all options are exercised, the total contract value will be $80,864,000 with completion of the contract expected by the first half of 2023. Contract 75A50121C00073 is funded by HHS ASPR.
APPH

Hot Stocks

07:34 EST AppHarvest expects to record non-cash charge of $59.9M in Q4 - For the fourth quarter, the company expects to record a non-cash charge of approximately $59.9 million to impair the carrying value of goodwill and definite lived intangible assets related to the recent acquisition of Root AI, an artificial intelligence and robotics company. The impairment reflects current market valuations and strategic investment requirements as the company continues to develop commercial technologies through ATI. The company continues to believe in the strength of ATI to deliver robotics and software solutions to optimize its own high-tech farm network and to serve the broader controlled environment agriculture sector globally. With the advantage of being deployed in AppHarvest's Morehead facility since the acquisition, the company's universal harvesting robot has doubled in its picking capability in that period and the group has developed a farm operations software platform with multiple applications. Both the robotics and software are expected to become revenue-generating in 2023.
APPH

Hot Stocks

07:33 EST AppHarvest expects Berea, Richmond facilities to be operational by end of 2022 - AppHarvest announced the 15-acre Berea, Ky., salad greens facility and the 60-acre Richmond, Ky., tomato facility are both approximately 65% complete and expected to be fully operational by the end of 2022. A 30-acre Somerset, Ky., berry facility is more than 50% complete and is also expected to be operational by the end of 2022. "We believe we are in the prime position to deliver positive cash flow as we complete our current development phase, adding three more large-scale farms in 2022," said Lee. "Beyond the four farms, we plan to develop additional facilities only after securing the required capital, and we remain confident in our ability to do that and to be self-sufficient."
MDGL

Hot Stocks

07:30 EST Madrigal Pharmaceuticals trading resumes
MDGL

Hot Stocks

07:28 EST Madrigal Pharmaceuticals trading halted, news pending
CWEGF

Hot Stocks

07:22 EST Crew Energy reports December average production 32,600 boe per day - Crew Energy is pleased to announce it has established a new production record with average volumes estimated at 32,600 boe per day in December 2021, and are providing an operational update confirming that Crew's two-year plan is on track to deliver greater than 20% production per share growth, over 50% Adjusted Funds Flow growth and greater than a 45% reduction in net debt / EBITDA ratio in 2022. Strong Q4 and Start to 2022 Record Average Production: Crew's December average production is estimated at 32,600 boe per day and represents a new record high for the Company. Q4/21 average production is estimated at 29,100 boe per day, ahead of previous guidance of 28,000 to 29,000 boe per day, and an increase of 34% over Q4/20 average production of 21,666 boe per day. Full year 2021 production is estimated to average 26,400 boe per day, near the midpoint of Crew's 26,000 to 27,000 boe per day previous guidance, and a 20% increase over the prior year. Production volumes, based on field estimates, to date in January have averaged approximately 32,500 boe per day. Capital Expenditures and Guidance on Track: While the original plan anticipated the drilling of 26 wells and completion of 21 wells during 2021, the Company elected to complete an additional three Ultra-Condensate Rich wells in Q4/21 to capture the benefit of stronger commodity prices and mitigate the impact of shut-in production from offsetting wells at the 4-21 pad at West Septimus. Capital spending through Q4/21 is estimated at approximately $42M. Full year 2021 net capital expenditures are anticipated at approximately $170M, at the high end of Crew guidance of $150 to $170M, and within the guided range despite completing three additional wells that were not included in the budget. First quarter 2022 production is expected to average 31,000 to 33,000 boe per day. Full year 2022 guidance is reconfirmed, for production to average 31,000 to 33,000 boe per day with capital expenditures of $70 to $95M. Strong Liquids Rich Wells at Greater Septimus: Five liquids rich wells were brought on production at Greater Septimus in Q4/21. Three Extended Reach Horizontal wells on the 4-14 pad were drilled to an average lateral length of 4,140 metres in the Upper Montney "B" zone. They were completed and brought on production into the Septimus gas plant on December 23rd and have now been shut-in while we complete the remaining wells on this pad. After an average of 27 days on production, following a short clean-up period, the three wells on the 4-14 pad were flowing at an average per well sales rate of 2,585 boe per day, comprised of 9,940 mcf per day of natural gas, 750 bbls per day of condensate and 180 bbls per day of ngl's3 Comparative type curves for this pad are available within Crew's updated February 2022 investor presentation available on Crew's website. Two Upper Montney "B" zone wells were completed at Crew's 4-21 pad with an average lateral length of 2,710 metres. After an average of 33 days on production and following a short clean-up period, the wells were flowing at an average per well sales rate of 1,755 boe per day, comprised of 7,070 mcf per day of natural gas, 404 bbls per day of condensate and 174 bbls per day of ngl's3. Comparative type curves for this pad are available within Crew's updated February 2022 investor presentation available on Crew's website. These wells have been shut-in for facilities construction and are expected to resume production by the end of February. Operational Execution a Prime Focus: Currently, Crew has one drilling rig and one fracturing spread in operation. The drilling rig is on the second well on Crew's five-well 4-17 Groundbirch pad, following up on the success of our first three wells that were drilled and completed in 2021. The first three wells at Groundbirch are exceeding Crew's internal type curve with an initial production rate after 90 days average raw gas rate of 9,910 mcf per day. The remaining seven wells on our ten-well 4-14 pad at Greater Septimus are currently being completed with initial production expected late in Q1/22. Leverage Metrics Improving while Retaining Strategic Optionality: Crew has ample liquidity to complete our two-year plan, with leverage metrics expected to continually improve with the Company planning to reduce indebtedness through 20224. Crew's net debt5 to the last twelve-months' EBITDA ratio is budgeted to improve to a targeted 1.3 to 1.5 times at the end of 2022, declining from an estimated 2.5 to 2.7 times at the end of 2021. The Company's Free AFF is targeted at a range of $95M to $140M in 2022 depending on commodity prices. Liquidity can be further enhanced given the Company has an option to dispose of an additional 11.43% working interest in our Greater Septimus facilities located in northeast B.C. for incremental proceeds of up to $37.5M. Crew can elect to exercise this option at any time between now and June of 2023 and have not modeled these proceeds into our current guidance. Focus on Environment, Social and Governance Initiatives: With the sale of our Lloydminster assets in September of 2021, which represented Crew's most emission-intensive asset, approximately 46% of Crew's direct 2020 GHG emissions have been removed and we anticipate the Company's total GHG emissions intensity will be reduced significantly going forward, putting Crew on a path to reach our emissions reduction goals earlier than anticipated. Divesting of these assets sets the stage for Crew to streamline operations and improve efficiencies going forward while also reducing our overall Asset Retirement Obligation liabilities by a targeted 40%, representing approximately $34.5M associated with 609 gross well bores.
AKTS

Hot Stocks

07:19 EST Akoustis receives five new Wi-Fi design wins - Akoustis Technologies announced that the Company has received five new Wi-Fi design wins from multiple customers, each of which is expected to ramp into production and ship in the current calendar year. The wins include four designs using W-Fi 6E and one using Wi-Fi 6 XBAW filters. Akoustis now has thirteen design wins in Wi-Fi - eight in Wi-Fi 6E and five in Wi-Fi 6. These wins are in addition to the current diplexer agreement Akoustis has with a tier-1 PC SoC maker that is currently in development for the computing market. Jeff Shealy, founder and CEO of Akoustis, stated, "Our momentum in Wi-Fi 6 and Wi-Fi 6E continues to grow given our size advantage over incumbent ceramic technologies and our performance advantages over other micro-filter solutions for high-frequency Wi-Fi." Mr. Shealy continued, "We have grown our Wi-Fi design wins in production from one to five in the past three months, and now expect that number to grow substantially in calendar 2022 as we have significantly increased our total design wins already this year." Given the rapidly growing sales funnel activity as well as ongoing interaction with customers regarding expected ramps in 5G mobile, Wi-Fi 6 and Wi-Fi 6E in calendar 2022, the Company plans to increase the annual production capacity at its New York fab to approximately 500 million filters per year.
MDNA

Hot Stocks

07:18 EST Medicenna Therapeutics announces formation of SAB - Medicenna Therapeutics announced the formation of its Scientific Advisory Board, SAB. Chaired by Sergio Quezada, Ph.D., the SAB will work cohesively with management to explore the full potential of Medicenna's Superkine platform. Medicenna's SAB is comprised of: Sergio Quezada, Ph.D., Chairman: Dr. Quezada is a Professor of Cancer Immunology and Immunotherapy at University College London Cancer Institute. Burkhard Becher, Ph.D.: Dr. Becher is a Professor at the University of Zurich where he serves as Chair of the Institute of Experimental Immunology. David Mooney, Ph.D.: Dr. Mooney is the Robert Pinkas Family Professor of Bioengineering in the Harvard School of Engineering and Applied Sciences, and a founding core faculty member of the Wyss Institute for Biologically Inspired Engineering at Harvard University. William Redmond, Ph.D.: Dr. Redmond is Director of the Immune Monitoring Laboratory and Full Member at the Earle A. Chiles Research Institute at the Providence Cancer Institute.
XRTX

Hot Stocks

07:17 EST Xortx Therapeutics outlines 2022 goals - The company said, "In 2022, XORTX is focused on advancing XRx-008 into a clinical trial, the submission of an Orphan Drug Designation, initiation of special protocol assessment discussions with the US Food and Drug Administration and continue formulation development for other kidney disease applications. To achieve these objectives, XORTX's action plan includes: Initiate XRX-OXY-101 Bridging Study. This study is a three-part, single-dose; fed or fasted; then, multi-dose crossover comparative bioavailability and pharmacokinetic study in healthy volunteers. It is designed to permit XORTX to characterize the safety and relative bioavailability of the XRx-008 formulation. Knowledge gained during the conduct of this trial will provide guidance regarding the oral dose of XRx-008 for our planned registration trial in ADPKD. Additionally, this study will provide data to support future New Drug Application submissions to the FDA and the European Medicines Agency. This study is planned to start in the second quarter of 2022. Initiate XRX-OXY-102 Bridging Study. This study is a multi-dose crossover comparative bioavailability and pharmacokinetic study in healthy volunteers. It is designed to permit XORTX to characterize the safety and relative bioavailability of the XRx-101 formulation options. Knowledge gained during the conduct of this trial will provide guidance regarding the oral dose of XRx-101 for future clinical and commercial planning. Additionally, this study will provide data to support future NDA submissions to the FDA and EMA. This study is planned to start in the first half of 2022. Complete Orphan Drug Designation. Current research being conducted will be used to file for orphan drug designation in 2022. Commence XRX-OXY-301 Registration trial in ADPKD. XRX-OXY-301 is a multi-site, multi-national, placebo controlled, study in ADPKD patients with progressing stage 2 or 3 kidney disease. The objective of this study is to evaluate the safety and effectiveness of XRx-008 over a 24-month period and study the ability of xanthine oxidase inhibition to decrease the rate of decline of glomerular filtration rate. An estimated 300 patients will be enrolled. This study is planned to start in the second half of 2022, subject to SPA negotiations with the FDA. Ongoing CMC Work. In parallel to the XRX-OXY-101 and XRX-OXY-102 studies, XORTX will be focused on performing the necessary scale-up, process validation and stability as part of the CMC requirements for the filing of the Investigative New Drug, as well as future clinical and commercial supplies. All development will be performed according to current GMP methodology. This work will be ongoing throughout 2022 and 2023. Preparation of 505(b)(2) IND. In parallel with initiation of XRX-OXY-101 a 505(b)2 based IND is expected to be submitted in the first half of 2022 for the XRx-008 program. Activities Related to Potential Commercial Launch. In preparation for a possible NDA filing in 2025 in the U.S. for XRx-008, XORTX is planning to conduct additional commercialization studies, including nephrologist, patient, payer, pricing and/or reimbursement studies, as well as product brand name selection and filings, and plans for launch. This work will be ongoing from 2022 to 2025. Activities Related to European Registration. XORTX intends to establish guidance from the European Union for path to approval in the European Union, including required clinical studies and reimbursement conditions". This work will be ongoing from 2022 to 2025. To achieve the above goals, XORTX will continue to pursue non-dilutive and dilutive funding and expand discussions to partner with a major pharma / biotech companies with a global reach. XORTX will also increase financial and healthcare conference participation to further strengthen and expand our investor base."
XERS

Hot Stocks

07:16 EST Xeris Biopharma announces commercial availability of Recorlev - Xeris Biopharma announced that Recorlev is now available for prescription. Xeris has also partnered with PantheRx Rare Specialty Pharmacy to provide a customized support and product distribution program, Xeris CareConnection, for members of the Recorlev ecosystem, including patients, caregivers, physicians, and payors.
PASG

Hot Stocks

07:15 EST Passage Bio to showcase GM1 Gangliosidosis, Krabbe clinical programs - Passage Bio announced its participation at the 18th Annual WORLDSymposium, a research conference dedicated to lysosomal diseases, taking place virtually and in person in San Diego, Calif., February 7 - 11, 2022. Passage Bio is a lead sponsor of the patient advocacy organization Global Genes' patient identification and engagement initiative for rare CNS disorders, which will be featured in a poster presentation on Tuesday, February 8. Passage Bio will also deliver two platform presentations on the designs of its clinical trials for Imagine-1 for GM1 gangliosidosis and GALax-C for Krabbe disease on Wednesday, February 9. On Friday, February 11, as part of the conference's late-breaking science session, the company will present safety and clinical development milestone data for the two patients in Cohort 1 of the Imagine-1 clinical trial. "As part of our Imagine-1 late-breaker presentation, we will be excited to share new clinical data from Cohort 1 in the ongoing Imagine-1 trial," said Bruce Goldsmith, Ph.D., president and chief executive officer, Passage Bio. "We are also looking forward to attending WORLD to learn about new scientific research and engage with other researchers, physicians and patient advocacy groups, who share our commitment to continuing to advance the field with the development of transformative medicines for patients with rare CNS disorders."
ABB

Hot Stocks

07:15 EST BrainBox AI announces global distribution agreement with ABB - BrainBox AI announced its global distribution agreement with ABB. ABB will offer BrainBox AI's technology services with a co-branded customer user interface. This step confirms the next phase of the key relationship following the October 28, 2021, Series A funding announcement, wherein ABB participated as lead investor. This agreement demonstrates ABB's clear recognition of the significant capabilities that BrainBox AI's technology offers and the synchrony with its goals to make buildings smarter, safer, and secure while improving energy efficiency and reducing carbon emissions. The continuation of this strategic engagement allows the ABB Building and Home Automation Systems unit to supplement its existing portfolio of digital offerings with BrainBox AI's solution. With BrainBox AI's technology as the driving force, buildings can benefit from up to a 20-40% decrease in their carbon footprint as well as a reduction in heating, ventilation, and air conditioning energy costs of up to 25%. In addition, BrainBox AI's deep learning software increases occupant comfort and extends the life of HVAC equipment without upfront capital expenditure.
IPA

Hot Stocks

07:15 EST IPA data shows neutralizing potency of PolyTope vs. SARS-CoV-2 - IPA is pleased to announce the release of data demonstrating strong neutralizing potency of its PolyTope, TATX-03 antibody cocktail towards the SARS-CoV-2 Omicron variant in in vitro pseudovirus assays. This first generation four antibody cocktail against SARS-CoV-2 was rationally designed to sustain efficacy against all SARS-CoV-2 strains and variants with the goal of protecting and treating all individuals. The Company believes that it possesses the only first-generation cocktail therapy against SARS-CoV-2 that has been demonstrated to retain efficacy against every variant of concern to date through in vitro pseudovirus assays conducted with respect to such variants of concern. PolyTope TATX-03 is unique in its ability to engage multiple modes of action, facilitated through simultaneously targeting various non-overlapping epitopes on the spike trimer. The Company expects that, upon completion of its ongoing studies, the aforementioned data will enable the Company to file an Investigational New Drug application in accordance with its internal schedule previously announced on November 30, 2021. The approval of the U.S. Food and Drug Administration with respect to the IND application will be required prior to commencing any first-in-human clinical studies.
TSHA

Hot Stocks

07:14 EST Taysha Gene Therapies reports data for high dose cohort, TSHA-120 - Taysha Gene Therapies reported clinical efficacy and safety data for the high dose cohort of 3.5x10 total vg, as well as long-term durability data across all therapeutic doses of TSHA-120 in giant axonal neuropathy, or GAN. The data is as follows: 5-point improvement in the change in rate of decline in MFM32 score for the high dose cohort compared to natural history decline of 8 points by Year 1; 7-point improvement in the change in rate of decline in MFM32 score across all therapeutic dose cohorts compared to natural history decline of 8 points by Year 1; 10-point improvement in the mean change from baseline in MFM32 score across all therapeutic dose cohorts compared to estimated natural history decline of 24 points by Year 3; 26-point improvement in the change from baseline in MFM32 score for the single patient treated with TSHA-120 compared to estimated natural history by Year 5 and confirmed 97% probability of clinically meaningful slowing of 50% or more in disease progression across all therapeutic dose cohorts. Biopsies obtained pre- and post-gene transfer in five of six patient samples analyzed confirmed active regeneration of axons with increased number of regenerative nerve clusters. Preservation of visual acuity across all therapeutic doses compared to progressive loss of visual acuity observed in natural history. Stabilization of retinal nerve fiber layer, or RNFL, thickness and prevention of axonal nerve degeneration compared to diffuse thinning of RNFL observed in natural history. Additionally, 53 patient-years of clinical data support favorable safety and tolerability profile.
OSUR

Hot Stocks

07:13 EST OraSure's InteliSwab COVID-19 test receives FDA authorization for pediatric use - OraSure Technologies announced that its InteliSwab COVID-19 rapid tests have been authorized by the U.S. Food and Drug Administration for use in children ages 2 to 14. InteliSwab was previously authorized for use in adults and in children 15 to 17 when administered by an adult. As part of its submission to the FDA for this label expansion, the Company conducted studies to evaluate the performance of the test in a pediatric population, as well as studies to evaluate usability and tolerability by children. From a combined performance perspective, InteliSwab was shown to have 85% positive percent agreement, PPA, for individuals ages 2 and up and 98% negative percent agreement, NPA. The overall accuracy of the InteliSwab test including a pediatric population is 93%, demonstrating similar accuracy when compared to the Company's clinical studies in adults. OraSure also evaluated the usability and acceptability of the test in children. "Helping our children stay in school and get back to normal is crucial to their wellbeing and continued development," said OraSure President and CEO Stephen Tang, Ph.D. "Fast, frequent testing is a key component to making this happen and we are delighted that our InteliSwab(R) test can now be used for children. The test is accurate and easy to use, so caregivers can feel confident when they choose to use this test on a child." In addition, the Company also announced the launch of a new reporting app, InteliSwab Connect, which will allow people to "easily report their test results to public health authorities, helping communities with COVID-19 prevalence surveillance efforts," the company said.
BABYF KR

Hot Stocks

07:13 EST Else starts selling on Kroger.com - ELSE NUTRITION HOLDINGS (BABYF) announces that its Plant-Based Complete Nutrition products for Toddler and for Kids are now available on Kroger.com (KR). The products are also available for sale on Kroger-owned Vitacost.com, an E-commerce leader in the healthy/organic foods space.
EGLX

Hot Stocks

07:12 EST Enthusiast Gaming reports 51.8M monthly unique visitors in the U.S. in December - Enthusiast Gaming Holdings announced that its digital media property reached a record 51.8 Million Unique Visitors in the United States in December 2021, based on recent digital media ratings from Comscore. Enthusiast Gaming is joined by Twitch and Roblox as the only gaming companies to rank as Top 100 Internet Properties in 2021. With Microsoft's recently-announced plans to acquire game publisher Activision Blizzard, the spotlight on the gaming sector has never been brighter. Time spent on media activities related to gaming is now nearly equal to time spent actually playing video games; gamers are spending an average 16 hours each week playing, 8 hours each week watching or participating in game streams, and 6 hours a week interacting on gaming forums and communities. The majority of Enthusiast Gaming's audience consists of Millennial and Gen Z visitors, aged 13-34. The growth in gaming media is being driven by these demographics, as they shift content consumption away from legacy social media, sports media, and streaming platforms, and toward gaming platforms. Enthusiast Gaming generated 254% growth in this audience for the three years ended December 2021, and its reach now rivals legacy platforms such as Twitter, Netflix, and ESPN.
FPI

Hot Stocks

07:11 EST Farmland Partners completes first farm acquisition of 2022 - Farmland Partners completed its first farm acquisition of 2022, a 177-acre tract in Mercer County, Illinois. The corn and soybean farm was acquired on January 28 for $1.475M, and its current three-year cash lease is expected to yield 3.6% annually. FPI now owns 185 farms in Illinois, spanning 38,343 acres across 19 counties.
CANF

Hot Stocks

07:11 EST Can-Fite BioPharma says 1st patent enrolled in Namodenoson study for NASH - Can-Fite BioPharma announced it has enrolled the first patient in a Phase IIb study of its drug candidate Namodenoson in the treatment of NASH. The Phase IIb trial is a multicenter, randomized, double-blind, placebo-controlled study in subjects with biopsy-confirmed NASH. The primary efficacy objective of the trial is to evaluate the efficacy of Namodenoson as compared to placebo in 140 subjects with NASH, as determined by a histological endpoint. Eligible subjects are randomly assigned in a 2:1 ratio to oral doses of Namodenoson 25 mg every 12 hours or a matching placebo for 36 weeks. There is currently no U.S. FDA approved treatment for NASH, an addressable pharmaceutical market estimated to reach $35-$40B by 2025 driven by increasing incidence. The U.S. National Institutes of Health estimate the prevalence of NASH in the U.S. at 2-5% of the population. NASH is the leading cause for liver transplants among women and second leading cause overall in the U.S. Given the rate of increase, it is expected to become the leading indication for liver transplants in males as well.
ATHA PCVX

Hot Stocks

07:10 EST Athira Pharma appoints Grant Pickering to board of directors - Athira Pharma (ATHA) announced the appointment of Grant Pickering to its Board of Directors. Mr. Pickering is CEO, co-founder and member of the Board of Directors at Vaxcyte, Inc. (PCVX).
BJDX

Hot Stocks

07:10 EST Bluejay announces Pre-Submission filing package for Symphony IL-6 Test with FDA - Bluejay Diagnostics announced that it has filed a Pre-Submission package for the Symphony IL-6 Test with the U.S. Food and Drug Administration. The purpose of this filing is to request feedback from the agency prior to submitting a medical device marketing application. The pre-submission package will allow the FDA to review and comment on the Company's plans for clinical trials and analytical testing. Neil Dey, Bluejay's Chief Executive Officer commented, "I am very pleased to announce that Bluejay successfully met its goal of filing the pre-submission package with the FDA for the Symphony IL-6 Test by the end of January, 2022. Bluejay is developing the Symphony IL-6 Test to rapidly measure IL-6 in whole blood in a near-patient setting that is intended to help healthcare professionals make better treatment decisions for patients with life threatening diseases. The pre-submission filing an important milestone for Bluejay as we will receive important feedback from the FDA for our planned marketing submission for the Symphony IL-6 Test, planned for Q3:22."
EVGN

Hot Stocks

07:10 EST Evogene's Canonic ships first batch of cannabis varieties to Portugal - Canonic, a wholly-owned subsidiary of Evogene, announced that it has shipped a first batch of its unique cannabis varieties to Portugal, following receiving approval to export from the Israeli Ministry of Health and Ministry of Agriculture. As part of its preparations for the planned 2023 commercial launch in Europe, Canonic expects to enter commercial agreements with local growers and manufactures and will work to obtain required regulatory approvals. To this end, the varieties shipped are intended to be grown in semi-commercial scale for lab testing and regulatory examinations, as required by European regulation.
ARAV

Hot Stocks

07:09 EST Aravive announces first patient dosed in Phase 2 study of batiraxcept - Aravive announced that the Company has dosed the first patient in the Phase 2 portion of the Phase 1b/2 study of batiraxcept for the treatment of clear cell renal cell carcinoma, ccRCC. "Safety and preliminary activity data from the Phase 1b study of batiraxcept in combination with cabozantinib in patients with 2L+ ccRCC gives us confidence to initiate the Phase 2 portion of the trial and expand the study to additional cohorts," said Gail McIntyre, Ph.D., DABT, Chief Executive Officer of Aravive. "I'm grateful to our team for their diligence and dedication to expedite the ccRCC program. The data reported to date shows clinically relevant benefit of adding batiraxcept to the current standard of care in ccRCC without adding to the toxicity profile. We will continue to update the ongoing Phase 1b portion of the study as data mature and anticipate providing clinical activity and safety updates of the P2 portion of the study throughout 2022."
JUSHF

Hot Stocks

07:09 EST Jushi Holdings launches investor video update series - Jushi Holdings announced that it launched a new investor-focused video series. The series will highlight the Company's current market position, including its industry-leading operational footprint, national expansion plans, and targeted M&A strategy. Viewers will also be introduced to Jushi's leadership team, beginning with Jim Cacioppo, CEO, Chairman and Founder of Jushi.
PFE IONS

Hot Stocks

07:08 EST Pfizer, Ionis Pharmaceuticals discontinue vupanorsen development program - Pfizer (PFE) and Ionis Pharmaceuticals (IONS) announced the discontinuation of the Pfizer-led clinical development program for vupanorsen, an investigational antisense therapy that was being evaluated for potential indications in cardiovascular risk reduction and severe hypertriglyceridemia Pfizer made this decision after a thorough review of data from the global Phase 2b, multicenter, randomized, double-blind, placebo-controlled, dose-ranging, 8-arm parallel-group study of vupanorsen in statin-treated participants with dyslipidemia - also known as TaRgeting ANGPTL3 with an aNtiSense oLigonucleotide in AdulTs with dyslipidEmia. As previously announced, the study met its primary endpoint, achieving a statistically significant reduction in non-high density lipoprotein cholesterol, as well as statistically significant reductions in triglycerides and angiopoietin-like 3. However, the magnitude of non-HDL-C and TG reduction observed did not support continuation of the clinical development program for CV risk reduction or SHTG. Vupanorsen was also associated with dose-dependent increases in liver fat, and higher doses were associated with elevations in the liver enzymes alanine aminotransferase (ALT) and aspartate aminotransferase. Pfizer will return development rights to vupanorsen to Ionis, from which it licensed the investigational therapy in a worldwide exclusive agreement in November 2019.
ALT

Hot Stocks

07:08 EST Altimmune announces FDA clearance of IND of pemvidutide for obesity - Altimmune announced that the U.S. Food and Drug Administration, FDA, has cleared the Company's Investigational New Drug, IND, application for its Phase 2 clinical trial of pemvidutide for obesity. Pemvidutide is an investigational GLP-1/glucagon dual receptor agonist under development for the treatment of obesity and non-alcoholic steatohepatitis. Altimmune expects to initiate the Phase 2 trial in obesity in the first quarter of 2022. The Company previously received IND clearance for pemvidutide in NASH and is currently enrolling subjects with nonalcoholic fatty liver disease in a Phase 1b trial. "This Phase 2 trial in obesity represents an important milestone toward developing a safe and effective treatment option for people with obesity," said Vipin Garg, Ph.D., President and Chief Executive Officer of Altimmune. "Results from a recently completed Phase 1 study of pemvidutide in Australia showed that 12 weekly subcutaneous doses of pemvidutide at the 1.8 mg dose level resulted in an average weight loss of 10.3% in overweight and obese subjects. Importantly, there were no study discontinuations due to adverse events. We believe these results rank among the best in terms of the rate and magnitude of weight loss and tolerability among drugs in development for obesity." The Phase 2 clinical trial will enroll approximately 320 individuals with obesity or who are overweight with at least one obesity-related complication. The primary endpoint of the study is the relative change in body weight at 48 weeks compared to baseline, with additional readouts including metabolic and lipid profiles, cardiovascular measures, and glucose homeostasis. An interim analysis is planned to assess changes in body weight after 24 weeks of treatment, with an expected readout in Q4 2022.
ARLP

Hot Stocks

07:07 EST Alliance Resource Partners sees FY22 capital expenditures $220M-$240M - Sees FY22 net interest expense $36M-$37M. Sees FY22 total sales tons 35.2M-36.7M. Sees FY22 coal sales price per ton sold $49.05-$51.25. "The favorable market conditions that developed for oil, natural gas and coal during the second half of last year remain intact as we enter 2022," said Craft. "Through the end of 2021, coal-fired generation in our primary U.S. markets increased 20.9% year-over-year as total power demand increased 4.4% and high natural gas prices buoyed coal demand. Eastern coal generation would have been even stronger but for the industry-wide shortage of coal supply causing many utilities to lean on higher cost gas-fired generation in an effort to preserve coal stockpiles, which remain at critically low levels. Demand and pricing for U.S. coal in the export market continues to be attractive supported by increased power demand, high natural gas and LNG prices and a lack of global supply response along with supply disruptions. As reflected in our initial 2022 guidance below, we are optimistic ARLP will benefit from these market opportunities."
DHC

Hot Stocks

07:07 EST Diversified Healthcare Trust enters into $703M joint venture for 10 properties - Diversified Healthcare Trust announced that it has entered into a $703M joint venture for 10 properties in DHC's Office Portfolio segment with two global institutional investors. The investors acquired a 41% and 39% equity interest in the joint venture for an investment of approximately $100.7M and $95.8M, respectively, and DHC retained a 20% equity interest in the joint venture. The joint venture incurred approximately $456.3 million of secured debt on the properties. The results of operations of the joint venture will be deconsolidated and DHC's remaining 20% equity interest will be accounted for using the equity method. DHC expects to use the cash proceeds from this transaction to fund capital expenditures, to reduce outstanding indebtedness and for other general business purposes. These Office Portfolio segment properties contain an aggregate of approximately 1.1 million square feet and are located in five states. The 10 property portfolio is being sold at approximately $657 per square foot, or a 4.98% capitalization rate based on full year 2021 actual cash NOI. As of September 30, 2021, these properties were 97% occupied for a weighted average remaining lease term of 6.6 years . This transaction is expected to result in a gain on sale of approximately $320M
VRDN

Hot Stocks

07:06 EST Viridian announces FDA clearance of IND to initiate development of VRDN-002 - Viridian Therapeutics announced the United States Food and Drug Administration, FDA, clearance of its investigational new drug, IND, application of VRDN-002. The Company's next generation IGF-1R antibody, VRDN-002, is a humanized monoclonal antibody that incorporates half-life extension technology and is designed to support administration as a convenient, low-volume, subcutaneous injection for the treatment of thyroid eye disease. The IND application clearance allows the Company to proceed with its planned first-in-human Phase 1 clinical trial of VRDN-002, which is a single ascending dose study to explore safety, tolerability, pharmacokinetics and pharmacodynamics of intravenously administered VRDN-002 in healthy volunteers. Data from this Phase 1 trial are expected to be announced in mid-2022 and will inform the feasibility of a low-volume and/or low-frequency SC dosing paradigm for TED patients. "We are excited to advance our VRDN-002 clinical development plan. We believe the incorporation of half-life extension technology into VRDN-002 may enable a differentiated, low volume subcutaneous injection, offering TED patients improved convenience and broader settings of care," stated Jonathan Violin, Ph.D., Viridian Therapeutics' President and CEO. "This IND acceptance is the first of multiple regulatory, clinical, and operational milestones expected in 2022, including top-line data from our VRDN-001 Phase 1/2 proof of concept trial in the second quarter of 2022, and top-line data from our VRDN-002 Phase 1 trial in mid-2022."
DDAIF...

Hot Stocks

07:05 EST Daimler Truck N.A., NextEra Energy BlackRock Renewable sign MOU for JV - Daimler Truck North America (DDAIF), NextEra Energy Resources (NEE), LLC and BlackRock Renewable Power (BLK), announced that they have signed a Memorandum of Understanding to lay the foundation for a proposed joint venture to design, develop, install and operate a nationwide, high-performance charging network for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles in the U.S. With the goal of accelerating the rollout of carbon-neutral freight transportation, start of operations for the future JV is planned for 2022. Initial funding is expected to be comprised of approximately $650M divided equally among the three parties. Lack of a publicly available, nationwide electric charging infrastructure for commercial vehicles, especially those used for long-haul freight operations, remains one of the biggest barriers for widespread deployment of electric trucks. With formation of this JV, the three parties will be pooling their resources to address this challenge. The parties plan to build a network of charging sites on critical freight routes along the east and west coasts and in Texas by 2026, leveraging existing infrastructure and amenities while adding complementary greenfield sites to fulfill anticipated customer demand. First phase is set to begin construction in 2023. Initial focus will be on battery electric medium- and heavy-duty vehicles followed by hydrogen fueling stations for fuel cell trucks; the sites will also be available for light-duty vehicles to serve the greater goal of electrifying mobility.
LSEA

Hot Stocks

07:05 EST Landsea Homes approves $10M stock repurchase program - Landsea Homes has approved a $10M stock repurchase program. At closing share price as of January 28, the share repurchase authorization represents approximately 13% of the company's current public float. Under the repurchase program, the company may repurchase its common stock with an aggregate value of up to $10 million through June 30. The company is not obligated to repurchase any specific number or amount of shares of common stock, and it may modify, suspend or discontinue the program at any time.
MDGL

Hot Stocks

07:04 EST Madrigal announces Phase 3 MAESTRO-NAFLD-1 data on resmetirom - Madrigal Pharmaceuticals announced "positive" topline clinical data from the placebo-controlled, double-blind portion of its Phase 3 MAESTRO-NAFLD-1 safety study of resmetirom. The 52-week study demonstrated that resmetirom was safe and well-tolerated at 80 and 100 mg once a day dosing. Additionally, resmetirom helped patients with presumed non-alcoholic steatohepatitis, NASH, achieve significant, clinically relevant reductions in liver fat and atherogenic lipids. "These positive results from the first of our two Phase 3 MAESTRO trials support our conviction that resmetirom has the potential to be the first medication approved for the treatment of patients with NASH and liver fibrosis. The blinded, placebo-controlled data from MAESTRO-NAFLD-1 reinforce previous positive Phase 2 and open-label Phase 3 safety findings in a much larger population of patients followed for 56 weeks. Rigorous safety evaluation is critical in NASH drug development because of the large numbers of patients with NASH that could be treated with a new medication once FDA approved. The large safety database we are generating through the MAESTRO trials supports our regulatory strategy under Subpart H and reflects our commitment to providing the data necessary for overall benefit-risk assessment," stated Paul Friedman, M.D., Chief Executive Officer of Madrigal.
LPTX

Hot Stocks

07:03 EST Leap Therapeutics and Leica Biosystems partner in cancer diagnostics - Leap Therapeutics has entered into an agreement with Leica Biosystems, a cancer diagnostics company, to develop a companion diagnostic to detect Dickkopf-related protein 1 - DKK1 - . The assay will be used to support clinical development of Leap Therapeutics' anti-DKK1 cancer therapy, DKN-01, currently being studied in clinical trials. Leap Therapeutics is currently advancing the development of DKN-01, a humanized monoclonal antibody that targets DKK1, to treat cancer. The company is currently studying the drug as part of a combination therapy regimen in a Phase 2 clinical trial in patients with gastric or gastroesophageal junction cancer. The assay developed by Leica Biosystems will utilize RNAscope technology from Bio-Techne on the BOND-III Automated Staining System, which allows for detection of DKK1 with high sensitivity and specificity, to help identify patients most likely to benefit from DKN-01 treatment. Companion Diagnostics are tests that may be used to determine if a patient's tumor has the biomarker that will predict the outcome of a treatment with a specific therapy.
GRWG

Hot Stocks

07:03 EST GrowGeneration acquires Horticultural Rep Group, terms not disclosed - GrowGeneration announced the acquisition of Horticultural Rep Group. HRG is a specialty marketing and sales organization of horticultural products based in Ogden, Utah. HRG represents hundreds of product SKU's for GrowGen and other companies that are popular brands in the hydroponics market. In addition, HRG has participated in the sourcing of products across the horticultural and hydroponics industry. HRG will continue to supply the 800+ retail customers it currently services. HRG generated estimated revenue of $10M in 2021 from sales agent commissions and distribution activity.
ORPEF

Hot Stocks

07:02 EST Orpea to terminate Yves Le Masne as CEO - Orpea stated in a regulatory press release: "The Orpea Group's Board of Directors, meeting on January 30, 2022, has decided to terminate Mr. Yves Le Masne's duties as Chief Executive Officer. The Board expresses its thanks to Mr. Yves Le Masne for his 28 years of service to the Group. The Board has appointed Mr. Philippe Charrier as the Group's Chairman and Chief Executive Officer with immediate effect. Non-executive Chairman of the Orpea Group's Board of Directors since March 2017, Mr. Charrier's mission will be to ensure, under the Board's control, that the best practices are applied throughout the company and to shed full light on the allegations made, relying in particular on the evaluation assignments entrusted by the Board of Directors to two independent firms currently being appointed. The Board of Directors joined the new Chairman and CEO in assuring their confidence in and support to the Orpea Group's 70,000 employees, who carry out a very difficult but essential mission with immense dedication, and in reminding residents and families of the Group's unwavering commitment to their service."
DGX WMT

Hot Stocks

07:02 EST Quest Diagnostics, Walmart announce laboratory testing collaboration - Quest Diagnostics (DGX) announced that they will now offer consumer-initiated laboratory testing powered by QuestDirect in collaboration with Walmart. The new solution allows people to take control of their health care and purchase the same high quality laboratory tests ordered by healthcare providers through a consumer-friendly website. This collaboration builds upon a long-standing relationship between Walmart and Quest Diagnostics to broaden access to high quality health services. With this new testing solution, an individual can purchase among more than 50 different tests, including general health, digestive health, allergy, heart health, women's health, and infectious disease. Tests can be purchased at WalmartQuestdirect.QuestDiagnostics.com.
PEI

Hot Stocks

07:00 EST Pennsylvania REIT announces 2021 sales eclipsed $600 per square foot - PREIT announced that 2021 closed with core mall rolling 12 month sales eclipsing $600 per square foot at $603.
BB

Hot Stocks

06:58 EST BlackBerry to sell non-core patent assets to Catapult for $600M - BlackBerry announced that it has entered into a patent sale agreement with Catapult IP Innovations, a Delaware company, pursuant to which BlackBerry has agreed to sell substantially all of its non-core patent assets to Catapult for total consideration of $600M. Patents that are essential to BlackBerry's current core business operations are excluded from the transaction. BlackBerry will receive a license back to the patents being sold, which relate primarily to mobile devices, messaging and wireless networking. This transaction will not impact customers' use of any of BlackBerry's products, solutions or services. Catapult is a special purpose vehicle formed to acquire the BlackBerry patent assets. Catapult's principal funding for the acquisition will be a $450M senior secured term loan, for which it has received $400M of conditional commitments from a lending syndicate led by Toronto-based Third Eye Capital that includes a Canadian pension fund. At closing, BlackBerry will receive $450M in cash and a promissory note in the principal amount of $150M. The promissory note will be secured by a second lien on the assets of the purchaser and will be subordinated to the rights of the senior lending syndicate. The promissory note will be payable in five equal annual installments of $30M in cash commencing on the third anniversary of the closing date, provided that the senior loan is not in default. Completion of the transaction is conditional upon, among other things, satisfaction of all regulatory conditions under the Hart-Scott-Rodino Antitrust Improvements Act in the United States and the Investment Canada Act. This process could take up to 210 days.
ESTE

Hot Stocks

06:55 EST Earthstone Energy to acquire Bighorn Permian Resources for $860M - Earthstone Energy announced that it has entered into an agreement to acquire the assets of privately held Bighorn Permian Resources located in the Midland Basin. The aggregate purchase price of the Bighorn Acquisition is approximately $860M, consisting of $770M in cash and approximately 6.8M shares of Earthstone's Class A common stock valued at $90M based on a closing share price of $13.25 on January 28, 2021, subject to customary closing adjustments. The effective date of the Bighorn Acquisition will be January 1, with closing anticipated early in the second quarter of 2022. The cash portion of consideration is expected to be funded with cash on hand, proceeds from a private placement of equity and borrowings under the company's senior secured revolving credit facility. Earthstone has obtained commitments from its existing lenders to increase the borrowing base and elected commitments under its credit facility to a total of $1.33B from the current $625M upon both the anticipated February closing of the previously announced Chisholm Acquisition and the closing of the Bighorn Acquisition.
EGRX

Hot Stocks

06:52 EST Eagle Pharmaceuticals expects Landiolol NDA submission in Q2 - Eagle Pharmaceuticals announced that AOP Orphan Pharmaceuticals, member of the AOP Health Group, with whom it entered into a licensing agreement in August 2021, has engaged with the FDA to obtain alignment on the content and format of the pre-clinical and clinical data required to support a new drug application - NDA - seeking approval of Landiolol, a novel therapeutic, for the short-term reduction of ventricular rate in patients with supraventricular tachycardia, including atrial fibrillation and atrial flutter. In August 2021, Eagle entered into a licensing agreement with AOP Health, a privately owned Austrian company devoted to the treatment of rare and special diseases, for the commercial rights to Landiolol in the U.S. Landiolol is designed for use in emergency, cardiac critical care, operating room, and intensive care settings. It is registered in several European countries for the treatment of non-compensatory sinus tachycardia and tachycardic supraventricular arrhythmias. The drug uses a proprietary dosing algorithm to facilitate the administration. Landiolol is already commercially available in Japan and several European markets.
VGZ

Hot Stocks

06:47 EST Vista Gold receives $2.5M Awak Mas option payment - Vista Gold received $2.5M from PT Masmindo to exercise its option to cancel the remaining 50% of the Awak Mas net smelter return royalty. PT Masmindo retained the right to pay Vista $2.5M to exercise its option to cancel the remaining 50% of the Awak Mas NSR royalty, which included a 1.0% NSR royalty on the first 1.25M ounces of gold produced and 1.25% NSR royalty on the next 1.25M ounces of gold produced. With this $2.5M payment, Vista has no remaining royalty interest in the Awak Mas project.
RETA

Hot Stocks

06:46 EST Reata Pharmaceuticals initiates rolling submission of NDA for omaveloxolone - Reata Pharmaceuticals announced that the company has initiated a rolling submission of a New Drug Application to the U.S. FDA for omaveloxolone for the treatment of patients with Friedreich's ataxia. The rolling submission allows Reata to submit portions of the regulatory application to the FDA for review on an ongoing basis. The company reiterates that it expects to complete the submission of the NDA by the end of the first quarter.
SHOP PSO

Hot Stocks

06:40 EST Shopify responds to textbook infringement lawsuit, denies allegations - In response to a recent lawsuit filed by a group of five educational publishers, including Pearson Education (PSO) and McGraw Hill, Shopify (SHOP) has denied liability for alleged copywrite infringement by online sellers using its platform. "This lawsuit is an attempt to do through this Court what Plaintiffs could not achieve in the legislative sphere. Plaintiffs claim that Shopify, a company in the business of providing technological tools for third parties to use, is liable for the rare instances in which those third parties misuse Shopify's tools to commit copyright infringement. And... Plaintiffs falsely allege that Shopify has been unresponsive to their notices of claimed infringement and slow to terminate the accounts of merchant subscribers who are the subject of multiple allegations...The truth is that Shopify has promptly and appropriately responded to the notices of claimed infringement these textbook publishers have sent. It has appropriately responded to court orders and requests for information consistent with its legal obligations as an international company with customers in multiple jurisdictions." Reference Link
HEXO

Hot Stocks

06:38 EST Hexo receives Nasdaq notice of non-compliance - Hexo announced that it received notification from The Nasdaq Stock Market that it is not in compliance with the minimum bid price requirement in Nasdaq Listing Rule 5500(a)(2) for continued listing on the Nasdaq Capital Market, since the closing bid price for the company's common shares listed on Nasdaq was below $1.00 for 30 consecutive trading days. Nasdaq Listing Rule 5550(a)(2) requires the common shares to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that failure to meet such requirement exists if the deficiency continues for a period of 30 consecutive business days.
GROY

Hot Stocks

06:35 EST Gold Royalty provides update on Elemental Royalties acquisition - Gold Royalty provided an update on its growth plans, and its proposed acquisition of Elemental Royalties. Gold Royalty has offered to acquire all of the issued and outstanding Elemental common shares for consideration of 0.27 of a Gold Royalty common share per Elemental Share as set forth in Gold Royalty's offer and circular dated January 11. "The acquisition of Elemental will be the fourth corporate transaction undertaken by Gold Royalty within the last 12 months, representing an unprecedented pace of accretive growth and resulting in a diverse and well-balanced portfolio of high-quality precious metal royalty assets with peer-leading growth. Since our oversubscribed US$90 million initial public offering in March 2021, we have successfully acquired Ely Gold Royalties, Abitibi Royalties and Golden Valley. Additionally, we declared our inaugural dividend, secured a flexibility-enhancing credit facility from the Bank of Montreal and achieved strong trading liquidity for our shareholders", said David Garofalo, CEO and chairman of Gold Royalty.
MNOV

Hot Stocks

06:34 EST MediciNova granted new patent for MN-001 and MN-002 in Canada - MediciNova has received a Notice of Allowance from the Canadian Intellectual Property Office for a pending patent application which covers MN-001 - tipelukast - and MN-002 - a major metabolite of MN-001 - for hepatic ballooning. Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than January 2035. The allowed claims cover the use of MN-001 or MN-002 for inhibiting hepatic ballooning. The allowed claims cover a wide range of dosage strengths and dosing frequencies.
HOOD

Hot Stocks

06:34 EST Cathie Wood's ARK Investment bought 2.4M shares of Robinhood on Friday
LHX

Hot Stocks

06:34 EST L3Harris Technologies sees FY22 operating cash flow $2.4B-$2.5B - Sees FY22 adjusted free cash flow $2.15B-$2.25B. Sees FY22 share repurchases approximately $1.5B.
QTRHF

Hot Stocks

06:33 EST Quarterhill CFO John Rim to depart - Quarterhill and its board of directors announced that John Rim, CFO, is leaving the company to pursue other interests. The board is engaging an executive search firm to recruit a new CFO and Rim has agreed to help support a transition. Stephen Thompson, senior VP finance at Wi-LAN, has been appointed interim CFO at Quarterhill while it undertakes its CFO search.
TSLA

Hot Stocks

06:22 EST Transport Canada has active defect investigation into Tesla Model 3, Y vehicles - Transport Canada said via Twitter on Friday that "We have an active defect investigation for performance issues with the heating and cooling system on Tesla Model 3 and Y vehicles in cold weather conditions." Reference Link
CRNT

Hot Stocks

06:20 EST Ceragon Networks signs multimillion-dollar deal with Globacom - Ceragon Networks announced that it has signed a deal with Globacom to further expand its network and enable it to maintain its technology. Globacom aspires to build Africa's biggest telecommunications network, and, as such, the deal with Ceragon will increase its network capacity and enhance service delivery to customers. As part of this multimillion-dollar deal, Ceragon will be providing Globacom a customized solution that covers long-haul rural areas, high-capacity metro as well as the access network. The project, initiated in Q4 2021, is due to complete deployment through the first half of 2022.
IDYA

Hot Stocks

06:13 EST Ideaya Biosciences initiates IND-enabling studies for IDE161 - Ideaya Biosciences announced initiation of IND-enabling studies for IDE161, a PARG inhibitor development candidate. The company also exercised its option for an exclusive worldwide license from Cancer Research Technology and University of Manchester. Ideaya is targeting an IND submission for IDE161 in Q4, subject to satisfactory completion of ongoing preclinical and IND-enabling studies.
KBR

Hot Stocks

06:11 EST KBR selected to continue providing medical support services to ESA - KBR was selected to continue providing astronaut medical support services for the European Space Agency's, or ESA's, European Astronaut Centre, or EAC, Space Medicine Office in Cologne, Germany. Under the terms of the recompete contract, KBR will be the primary provider of space medicine support services to ESA, which is introducing a new service model. This work is scheduled to be performed over a three-and-a-half-year period. A partner to ESA for more than 20 years, KBR's major activities include astronaut medical care, engineering support, rehabilitation, fitness, project management, healthcare administration, psychology and behavioral health, nutrition, radiation, education coordination, and operational research.
LEJU

Hot Stocks

06:05 EST Leju receives noncompliance notification from NYSE - Leju announced that it has received a letter from the New York Stock Exchange, notifying Leju that it is below compliance standards due to the trading price of Leju's American depositary shares.
FENC

Hot Stocks

06:01 EST Fennec says chief commercial officer Shubh Goel to retire - Fennec Pharmaceuticals announced that Shubh Goel, the company's chief commercial officer, has tendered her resignation and will depart Fennec in late February.
ARMK

Hot Stocks

05:47 EST Aramark named food and beverage partner by Merlin Entertainments - Merlin Entertainments announced that it has named Aramark as its food and beverage partner for five locations in the UK and two in the US. The locations for the multiyear contract include Alton Towers Resort, Chessington World of Adventures Resort, Thorpe Park Resort, Warwick Castle and Legoland Windsor Resort in the United Kingdom, and Legoland California Resort and Legoland Florida Resort in the United States.
REGN SNY

Hot Stocks

05:20 EST Regeneron, Sanofi announce CHMP recommendation to extend Dupixent approval - Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced that the European Medicines Agency's Committee for Medicinal Products for Human Use, or CHMP, has adopted an opinion recommending to extend the approval of Dupixent in the European Union, or EU, to include add-on maintenance treatment for children aged 6 to 11 years with severe asthma with type 2 inflammation characterized by raised blood eosinophils and/or raised fractional exhaled nitric oxide who are inadequately controlled on two maintenance therapies. The European Commission is expected to announce a final decision on the Dupixent application in the coming months.
WKEY

Hot Stocks

05:18 EST WISeKey says experiencing unprecedented demand, record backlog - Carlos Moreira, WISeKey's founder and CEO noted, "Demand since the beginning of 2021 for our IoT semiconductors products has been unprecedented and has reached a point that we are now sitting on a record backlog of purchase orders totaling $39 million already. Currently we are receiving an average of $1.3 million of new orders per week. While shortages in the semiconductor sector are expected to continue in this coming year so we are working hard with our supply chain team to be able to turn most of this backlog into revenue in 2022, while some delivery schedules run through into 2023." Moreira continued, "Our record backlog of $39 million, which is 500% higher than the backlog at 2020 year-end, has given us a great building block that allows our sales team to focus on new opportunities to expand our customer base and geographic footprint. We are expecting to see a significant increase in the number of customers served by WISeKey in this sector by 2023 / 2024."
AKCCF...

Hot Stocks

05:16 EST Aker Carbon Capture, Hoegh LNG and Altera enter CCUS collaboration - Aker Carbon Capture (AKCCF), Altera Infrastructure (ALIN) and Hoegh LNG (HMLP) have entered a non-exclusive collaboration to explore a full value chain offering for carbon capture, utilization, and storage, or CCUS. The parties will collaborate on offering Carbon Capture as a Service to industrial emitters, enabling cost-effective implementation of the full value chain needed to realize carbon capture, utilization, and storage projects for industrial emitters. The collaboration is non-exclusive, allowing the parties to offer a full value chain offering at locations where the combined technical concept of Aker Carbon Capture's technology and the processing and shipping capabilities of Altera Infrastructure and Hoegh LNG is best suited, whilst leaving the parties with flexibility to work with alternative solutions elsewhere.
RICO

Hot Stocks

05:10 EST Kalera to list on Nasdaq through Agrico Acquisition merger agreement - Kalera and Agrico Acquisition jointly announced that they have entered into a definitive merger agreement. As a result, Kalera will transition from its current Euronext Growth Oslo listing to a publicly listed company with its common shares traded on the Nasdaq stock market. Kalera's current management team and recently appointed interim CEO Curtis McWilliams will continue to oversee the business and use the transaction proceeds to further expand their global network of vertical farms. Kalera and Agrico will merge to create a combined company that will be listed on Nasdaq. The share exchange ratio implies a pro forma equity valuation of the combined company of $375M on a fully diluted basis, assuming no redemptions by shareholders of Agrico. If no public shareholders of Agrico exercise their redemption rights, existing Kalera equity holders will own approximately 52%, and Agrico shareholders would own approximately 42% of the issued and outstanding common stock of the combined company at closing. If some Agrico shareholders redeem their shares, Kalera shareholders would own a higher percentage of the combined company and Agrico shareholders would own a smaller percentage. Kalera and/or Agrico may raise additional capital prior to the closing of the transaction.The transaction, which has been approved by the boards of directors of both of Kalera and Agrico, is expected to close in the second quarter of 2022. The transaction remains subject to approval by both Agrico and Kalera shareholders, as well as other customary closing conditions.