Stockwinners Market Radar for February 02, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:15 EST Cathie Wood's ARK Investment bought 213K shares of Global-e Online today

19:03 EST CMC Materials backs FY22 adjusted EBITDA view $355M-$385M - The company is reiterating full fiscal 2022 guidance, which includes Adjusted EBITDA to be between $355 million to $385 million, depreciation and amortization to be between $50 million to $55 million, tax rate to be between 20% to 23%, and capital spending to be between $60 million to $80 million. Interest expense is now expected to be between $38 million to $40 million.

18:12 EST Lightspeed names JP Chauvet as CEO - Lightspeed announced that as part of its long-term succession planning process, the Lightspeed board of directors has appointed current President JP Chauvet to the role of CEO, effective immediately. He will lead Lightspeed's continued growth, strategic development and execution. The company also announced that Founder and outgoing CEO Dax Dasilva will continue to serve Lightspeed as Executive Chair of Lightspeed's board of directors. Chauvet joined Lightspeed in October 2012 as Chief Revenue Officer and became a board member in September 2013.

17:23 EST HeartBeam enters pact with Livmor to build remote patient monitoring solution - HeartBeam announced it has signed a partnership agreement with Livmor, a digital health solutions company, to build a HeartBeam branded version of Livmor's Halo+ FDA cleared turnkey solution for remote patient monitoring to connect physicians and patients. Under the terms of the agreement Livmor will develop a HeartBeam branded version, the HeartBeam Platform, of the Livmor RPM platform customized for HeartBeam products, with senior executives of both companies supervising the project.

17:16 EST Meta Platforms says expects pressure on impression growth in the near term - Says Tik Tok is growing very quickly. Says focus on Reels important over long term. Says short form video will be an increasing part on how people consume content. Says investing in simplifying video across Instagram. Says building new tools to make buying online easier. Says making good progress on commerce efforts. Says due to iOS changes and European regulation, less data is available to deliver personalized ads. Says working on privacy infrastructure project. Says AI return on investment is stronger than expected. Says experiencing real traction with Quest 2. Says had strong holiday season. Says working on releasing high-end VR headset later this year. Says will launch Horizon on mobile later this year. Comments taken from Q4 earnings conference call.

17:01 EST SEE acquires Foxpak, terms not disclosed - SEE announced the acquisition of Foxpak Flexibles Ltd. under SEE Ventures, its initiative for investing in disruptive technologies and business models to accelerate growth. Foxpak, a privately-owned Irish packaging solutions company, pioneered the development of digital printing on flexible packaging. Foxpak partners with leading brands to deliver highly decorated packaging solutions; stand-up and spout pouches, and sachets that serve a variety of markets including food retail, pet food, seafood, and snacks. "Foxpak will build on our digital packaging solutions where graphic design and digital printing are key areas of value creation. Foxpak is recognized as a customer-centric, digital printing pioneer," said Ted Doheny, President and CEO at SEE. "Together we will accelerate our digital future with innovations in smart packaging for leading brands around the world." Terms of the deal have not been disclosed given this transaction is not material to SEE's financial results.

16:49 EST Spotify falls 13% to $167.80 after Q4 earnings and guidance

16:44 EST Entasis gets acquisition offer of $1.80 p/s for from majority holder Innoviva - Entasis Therapeutics announced that its Board of Directors received a preliminary, non-binding proposal from its majority stockholder Innoviva, to acquire all of the outstanding equity securities of Entasis that are not currently owned by Innoviva for a per share consideration of $1.80 payable in cash. The offer letter delivered by Innoviva to the Board of Directors is publicly available in the Schedule 13D amendment dated February 1, filed by Innoviva with the Securities and Exchange Commission. The Board of Directors of Entasis, which does not include any members appointed by or affiliated with Innoviva, has retained MTS Health Partners, L.P. and Covington & Burling to explore alternatives and to assist the board of directors in its evaluation of the proposal consistent with its fiduciary duties.

16:37 EST BankUnited announces $150M share repurchase plan - On February 2, the company's Board of Directors authorized the repurchase of up to $150M in shares of its outstanding common stock. No time limit was set for the completion of the share repurchase program, and the program may be suspended or discontinued without prior notice at any time.

16:35 EST Territorial Bancorp reopening Pearl City and Kalihi branches - Territorial Savings Bank announced that it plans to reopen its Pearl City and Kalihi Branches on Monday, February 7. The branches were temporarily closed in January due to staffing challenges related to COVID. "We are grateful to our staff and customers who diligently wear masks and practice social distancing while in our branches. Their care and compassion for each other helped us to quickly recover from the impact of COVID last month," explained Robert Lee, Senior Vice President of Banking Services. "We want to remind our customers that we offer contact-free banking such as mobile banking, online banking and phone banking so customers can bank safely from home or their office," added Lee Territorial Savings Bank began in 1921 offering home loans and savings accounts to the people of Hawaii. Today, with 29 branches on Oahu, Maui, Hawaii and Kauai, Territorial Savings Bank offers a full array of residential mortgage loans and attractive rates on checking and savings accounts

16:34 EST Meritor, Paccar extend electrification agreement - Meritor (MTOR) announced an extension to its current Paccar (PCAR) agreement to supply 14Xe ePowertrains and battery electric vehicle integration kits for the Class 8 Kenworth T680E, and Peterbilt 579EV tractors and 520EV refuse trucks. The integrated, modular design of the 14Xe ePowertrain, Power Controls and Accessories and Energy Storage System helps enable Paccar to meet the needs of its customers with high efficiency, performance and range depending on duty cycle and application requirements.

16:32 EST Babcock & Wilcox acquires FPS, terms not stated - Babcock & Wilcox "announced that it has acquired Fossil Power Systems, a designer and manufacturer of hydrogen, natural gas and renewable pulp and paper combustion equipment including ignitors, plant controls and safety systems based in Dartmouth, Nova Scotia, Canada. The transaction closed February 1, 2022."

16:31 EST XL Fleet CFO Cielo Hernandez resigns - XL Fleet "announced that Cielo Hernandez has resigned as CFO of the Company as of January 31, 2022, to pursue other career opportunities. Ms. Hernandez's departure is not related to any disagreement with the Company over its accounting principles or practices, or financial statement disclosures. Chris Goldner, XL Fleet's Corporate Controller, has been appointed to serve as Interim Chief Financial Officer, effective February 1, 2022, while the Company undertakes a search for a permanent successor. Mr. Goldner has over twenty years of financial leadership experience with responsibilities including SEC reporting, accounting policies and procedures, and internal controls. He has served as XL Fleet's Corporate Controller since August 2021, with responsibility for leading the Company's accounting and reporting functions."

16:28 EST Allstate reports Q4 underlying combined ratio 91.3 vs. 79.1 last year - Reports Q4 Premiums written $10.3B vs. $8.6B last year.

16:18 EST Costco reports January sales of $15.76B, up 15.5% - Reports January comparable sales up 14.2%. Reports January e-commerce comparable sales up 9%. For the twenty-two weeks ended January 30, the company reported net sales of $92.1B, an increase of 16.4% from $79.11B last year.

16:16 EST Meta Platforms down 18% after earnings and guidance miss - Shares of Meta are down $59.51, or 18%, to $263.49 in after-hours trading.

16:14 EST Flex to sell $500M of convertible preferred equity in Nextracker to TPG Rise - Flex announced that it has entered into an agreement to sell $500M of convertible preferred equity in Nextracker to TPG Rise Climate, the dedicated climate investing strategy of TPG's global impact investing platform TPG Rise. Through this strategic partnership and investment from TPG Rise Climate, Nextracker will continue to expand its market leading position in solar tracking and software solutions. TPG's experience and extensive network in renewable energy provide Nextracker a strong partner to support long-term growth. As part of the investment, Coslet and Mandel will join the Nextracker board. The investment is at an implied enterprise value for Nextracker of $3B, in the form of a convertible preferred security with a 5.0% annual dividend. The convertible preferred security will convert into common equity of Nextracker at the time of a qualified initial public offering for Nextracker. Net proceeds from the transaction will be used to help fund growth and generate returns for Flex shareholders in accordance with its capital allocation policy. Flex and Nextracker have also entered into a separation agreement to formally separate the operations of the two businesses and have agreed to a transition services agreement to efficiently transition the Nextracker business into a separate business. Flex will report the Nextracker business as a separate operating segment in the future. Nextracker confidential S-1 remains on file with the SEC. The initial public offering and its timing are subject to market and other conditions and the SEC's review process.

16:11 EST Rocket Lab to expand Colorado footprint with new space systems complex - Rocket Lab USA announced it will open a new space systems complex in Littleton, Colorado to support growing customer demand for flight software, mission simulation, and Guidance, Navigation and Control services. The new complex expands on Rocket Lab's existing footprint in Colorado, which was established in October 2021 with the acquisition of Advanced Solutions, Inc., an aerospace engineering firm that develops industry-leading software and technology solutions for reliable space mission design and operation. ASI's off-the-shelf spacecraft flight software, MAX, has been operating across 49 spacecraft for a cumulative 135 years in space supporting missions for leading aerospace prime contractors, the U.S. Air Force, U.S. DOD organizations, NASA, and commercial spacecraft developers. The new complex will be established near Rocket Lab's existing 15,000 sq ft location on Shaffer Parkway in Littleton and will add 40,000 sq ft of new lab, production, and office space. The complex is expected to be completed by late 2022 and will include two mission operations centers. The expansion will also support team growth, with Rocket Lab's Colorado headcount expected to double to more than 120 people by early 2023 with roles spanning flight software development, GNC, spacecraft simulation, and systems engineering.

16:11 EST Arcadia Biosciences names Stan Jacot as CEO - Arcadia Biosciences (RKDA) has appointed veteran consumer goods leader Stan Jacot as CEO, effective Feb. 2. Jacot holds an impressive track record of implementing transformational business strategies and profitably driving growth, most recently at Jane's Dough Foods where he achieved a double-digit compound annual growth rate during his six-year tenure. Previously, Jacot held senior marketing and operations roles at Mission Foods, Borden Dairy Company, ConAgra Foods (CAG) and Kellogg Company (K) across the U.S. and Canada.

16:09 EST Meta Platforms expect 2022 total expenses in range of $90B-$95B - Meta Platforms said: "We expect 2022 total expenses to be in the range of $90-95 billion, updated from our prior outlook of $91-97 billion. Our anticipated expense growth is driven by investments in technical and product talent and infrastructure-related costs. We expect 2022 capital expenditures, including principal payments on finance leases, to be in the range of $29-34 billion, unchanged from our prior estimate. Our planned capital expenditures are primarily driven by investments in data centers, servers, network infrastructure, and office facilities. As we discussed previously, this range reflects a significant increase in our artificial intelligence and machine learning investments, which will support a number of areas across our Family of Apps. While our Reality Labs products and services may require more infrastructure capacity in the future, they do not require substantial capacity today and, as a result, are not a significant driver of 2022 capital expenditures. Absent any changes to U.S. tax law, we expect our full-year 2022 tax rate to be similar to the full-year 2021 rate."

16:08 EST Aflac reiterates 21.2% increase in Q1 cash dividend - The board of directors declared the first quarter dividend of 40c per share, payable on March 1 to shareholders of record at the close of business on February 16.

16:07 EST Immunic receives Notice of Allowance for patent application 16/644581 - Immunic announced that the company received a Notice of Allowance from the U.S. Patent and Trademark Office for patent application 16/644581, entitled, "IL-17 and IFN-gamma inhibition for the treatment of autoimmune diseases and chronic inflammation". The company also received notice of allowance of patent application EP18762111.5 in Europe, and notice of grant of patent application 2018330633 in Australia. All three patents cover composition-of-matter of IMU-935 and related formulations, and are expected to provide protection into at least 2038, without accounting for potential Patent Term Extension in the United States or Supplementary Protection Certificates in Europe, respectively.

16:06 EST Meta reports Facebook DAUs 1.93B on average for December, up 5% year-over-year

16:03 EST Cognizant raises quarterly dividend 12% to 27c per share - On February 2, the company declared a quarterly cash dividend of 27c per share, a 12% increase, for shareholders of record on February 18. This dividend will be payable on March 1.

14:25 EST PyroGenesis announces receipt of C$4M purchase order - PyroGenesis Canada announces, further to its press release dated June, 7 2021, it has entered into an agreement with an existing client to purchase the first of three 10,000 TPY Drosrite systems. The contract is for $3M, or approximately C$4M, and the client's name "shall remain anonymous for competitive and confidential reasons," PyroGenesis said.

13:43 EST Viatris' Mylan granted approval for first generic of AbbVie's Restasis - The FDA has announced that it approved the first generic of Restasis 0.05% single-use vials, which are marketed under the brand name by AbbVie (ABBV) to increase tear production. The sponsor of the abbreviated new drug application, or ANDA, approved by the FDA is Mylan Pharmaceutical, which is owned by Viatris (VTRS).

13:31 EST Butterfly announces agreement to sell majority stake in Orgain to Nestle - Butterfly, a Los Angeles-based private equity firm specializing in the food sector, announced that Nestle Health Science has agreed to acquire a majority stake in its portfolio company Orgain, a U.S. plant-based functional nutrition platform. Butterfly and Dr. Andrew Abraham, Orgain's Founder and CEO, will retain significant minority ownership positions in the company. Dr. Abraham will continue to lead the company as CEO. Terms of the deal were not disclosed. Orgain Founder and CEO Dr. Abraham said: "Today, in partnering with Nestle Health Science, we take a giant leap forward in pursuing that mission of providing accessible, healthy nutrition for all. Nestle Health Science shares that mission and will help us to get better, cleaner nutrition products into the hands of more consumers than I ever imagined possible when I founded this company twelve years ago."

13:04 EST Aegon to appoint Deborah Waters as Chief Technology Officer - Deborah Waters joins Aegon (AEG) from Citigroup (C), where she held various technology leadership positions. Most recently she served as Citi's Global Head of Private Bank Operations and Technology. Additionally, Deborah was the Head of Inclusion and Diversity for Citi's Institutional Client Group Operations and Technology.

12:44 EST Calidi Biotherapeutics to come public via merger with Edoc Acquisition - Calidi Biotherapeutics, a clinical-stage biotechnology company working on the development of cell-based delivery of oncolytic viruses, and Edoc Acquisition Corp. (ADOC), a blank check company organized to acquire or merge with one or more businesses, have entered into a definitive merger agreement. Upon closing the transaction, anticipated to occur in the second quarter of 2022, the combined company will be named Calidi Biotherapeutics, Inc. and led by Allan Camaisa, CEO and Chairman of the board. In addition, the combined company's common stock intends to list on the Nasdaq Capital Market. Allan Camaisa said: "This business combination positions us well as we enter the next phase of our growth, delivering on the promise of our NeuroNova and SuperNova platforms, to surpass the deficiencies of the first generation oncolytic viruses existing in the marketplace. Furthermore, it will allow us to leverage Edoc's extensive 400+ physician network across many disciplines." The transaction includes gross proceeds of up to $92M in trust at Edoc, less any redemptions by existing Edoc shareholders, and a concurrent $25M PIPE from institutional investors. Additionally, Edoc entered into backstop arrangements with certain institutional investors for the purchase of up to 2.2 million shares of Edoc Class A ordinary shares in connection with Edoc's shareholder meeting to approve the business combination as well as Edoc's February 9, 2022 shareholder meeting to approve an extension of time to complete its business combination, with the actual amount dependent upon the amount of cash available after each such shareholder meeting after any redemptions. Net proceeds from the transaction are expected to provide Calidi with capital to advance its pipeline through multiple clinical milestones. Upon closing of the business combination, and assuming no redemptions of shares of Edoc by its public shareholders, Calidi would be expected to have cash and cash equivalents, prior to transaction expenses, of approximately $117M, less any redemptions and transaction expenses, and a pro forma enterprise valuation of $449M. The boards of directors of Calidi and Edoc unanimously approved the proposed transaction, which is anticipated to close in the second quarter of 2022. The closing of the transaction is subject to the approval of Edoc shareholders, regulatory approval and the satisfaction or waiver of certain other customary closing conditions.

12:04 EST California, 10 district attorneys settle with Perrigo over formula safety - California Attorney General Rob Bonta, along with 10 district attorneys, announced a settlement with Perrigo and two of its subsidiaries to improve the safety of the company's infant and toddler formula products by putting in place ingredient sourcing and quality control processes to reduce levels of lead. In 2018, the Attorney General filed a lawsuit against Perrigo after testing showed that its infant and toddler formula products contained levels of lead that exceeded the Proposition 65 warning threshold. Today's settlement sets maximum lead levels of 5-7 parts per billion for most of these products, levels much lower than applicable guidance levels established for this type of product by any U.S. regulatory authority. Reference Link

12:01 EST Shopify falls -11.8% - Shopify is down -11.8%, or -$116.17 to $868.03.

12:01 EST Comcast, ViacomCBS announce full regulatory approval for SkyShowtime - Comcast Corporation (CMCSA) and ViacomCBS Inc. (VIACA), announced that SkyShowtime, their new streaming joint venture, has received full regulatory approval and plans to launch in more than 20 European markets encompassing 90 million homes starting later this year. SkyShowtime CEO Monty Sarhan, said, "We are pleased that SkyShowtime has received all regulatory approvals and are excited to bring this new, unique and compelling entertainment service-with a broad range of some of the world's leading content-to millions of consumers across these markets." SkyShowtime will ultimately be available in the following markets: Albania, Andorra, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Denmark, Finland, Hungary, Kosovo, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, and Sweden.

12:01 EST Daily S&P Biotech Bear 3x Shares rises 10.8% - Daily S&P Biotech Bear 3x Shares is up 10.8%, or $4.00 to $41.01.

12:00 EST Allegheny Technologies rises 17.8% - Allegheny Technologies is up 17.8%, or $3.34 to $22.15.

11:33 EST IAMGold 'firmly rejects RCF's revisionist narrative' - IAMGOLD Corporation "set the record straight" on its recent engagement with RCF Management, a recent 5.2% shareholder, regarding negotiations between the parties over refreshment of the IAMGOLD board of directors. The Company will provide further updates as developments warrant. In the meantime, there is no need for shareholders to take any action. The company said, "IAMGOLD firmly rejects RCF's revisionist narrative regarding its engagement with the Company and the quality of its Board and management team. In fact, the Company engaged openly and constructively with RCF over a period of two weeks, including via meetings with management, Board members, and between legal counsel. IAMGOLD was transparent with RCF about its continuing board renewal process - including the planned departure of its former Board Chair and certain other directors. In an attempt to avoid the unnecessary cost and distraction of a proxy contest, at the Company's suggestion, the parties entered into a standstill agreement in order to provide requisite time to allow a committee of the Board, as well as the internationally renowned search firm engaged by the Board, to meet with and consider RCF's three director nominees in support of an acceptable resolution. After completing interviews with RCF's nominees, the committee of the Board and the search firm engaged by the Board independently concluded that two RCF nominees, Maryse Belanger and David Smith, were acceptable, and one, Lawrence Haber, was not. The Board was willing to immediately appoint these two acceptable RCF nominees, to replace two IAMGOLD directors. Further, the Board agreed to the appointment of a third independent RCF nominee that was to be reasonably acceptable to the Board. RCF had previously agreed to recommend another nominee, other than Mr. Haber, for appointment to IAMGOLD's Board...The Board was not willing to accept several overreaching and self-interested RCF demands that would have resulted in a recent 5.2% shareholder taking de facto control of the Company...The Company has additional concerns with RCF and its nominees, which it will disclose in due course, but shareholders can rest assured that the Company will continue to defend and advance the best interests of the Company and ALL of its shareholders."

11:02 EST Omnicom acquires omnichannel engagement marketing agency Propeller - Omnicom Health Group, part of Omnicom Group, announced it has acquired Propeller, which it identifies as "a digitally-focused omnichannel engagement marketing agency that specializes in healthcare." The company added: "The acquisition of Propeller follow's OHG's acquisition of Archbow in 2021 and is in line with the group's strategy to continue to invest in areas of rapid growth." President Charles Flax and the leadership team at Propeller will continue to serve in their current roles. Joshua Prince, CEO of the Professional Group for Omnicom Health Group, said: "We've known and admired Propeller's great work through several clients we share in the areas of major pharmaceuticals, medical devices and biotechnology. We're excited to welcome their talented staff of 'Propellers' to OHG. Charlie and his leadership team bring deep digital marketing expertise and solutions that will now be available to all our clients."

10:27 EST IDEX Biometrics ASA (ADS) trading resumes

10:21 EST Brinker 'on track' with prior expectations for the full year, says CFO Taylor - Comments taken from Q2 earnings conference call.

10:02 EST BAE Systems awarded $14M contract from IARPA to advance machine learning - BAE Systems has been awarded a $14M contract from the Intelligence Advanced Research Projects Activity to develop tools to decipher an ever-growing number of radio frequency signals in order to quickly and accurately help secure mission-critical information. BAE Systems will advance machine learning and artificial intelligence technology and techniques to identify signals in the RF spectrum under the terms of the contract, which is part of the Securing Compartmented Information with Smart Radio Systems program. The technology will provide enhanced situational awareness, help to target threats, and secure communications against malicious attacks.

10:00 EST Block falls -7.8% - Block is down -7.8%, or -$10.02 to $117.59.

10:00 EST Dynatrace falls -20.5% - Dynatrace is down -20.5%, or -$11.54 to $44.74.

10:00 EST United States Natural Gas Fund rises 8.9% - United States Natural Gas Fund is up 8.9%, or $1.52 to $18.62.

10:00 EST Allegheny Technologies rises 14.1% - Allegheny Technologies is up 14.1%, or $2.65 to $21.46.

09:52 EST Innoviva submits non-binding proposal to acquire all of Entasis Therapeutics - Innoviva (INVA) on Tuesday submitted a non-binding proposal to acquire all outstanding shares of Entasis Therapeutics (ETTX) not owned by Innoviva for $1.80 per share. This represents a 23% premium to the closing price on January 31, Innoviva said in a regulatory filing, adding that "The Proposal contemplates that the acquisition would be conditioned on the independent members of the Issuer's Board of Directors, represented by independent legal and financial advisors, approving the transaction, and such transaction being approved by holders of a majority of the outstanding shares of the Issuer's capital stock owned or controlled by disinterested stockholders."

09:47 EST Block falls -8.0% - Block is down -8.0%, or -$10.21 to $117.40.

09:47 EST Dynatrace falls -25.5% - Dynatrace is down -25.5%, or -$14.33 to $41.95.

09:47 EST Allegheny Technologies rises 12.4% - Allegheny Technologies is up 12.4%, or $2.34 to $21.15.

09:44 EST Edoc Acquisition Corporation (Class A Stock) trading halted, news pending

09:38 EST Groupon holds 2.4% non-controlling ownership interest in SumUp - In a post to the FAQs page of its investor relations website, Groupon states: "Groupon, Inc. holds a 2.4% non-controlling ownership interest in SumUp Holdings S.a.r.l., or 'SumUp,' a privately-held, global payments service provider. Groupon has been a passive investor in SumUp since 2013. During the first quarter 2020, we sold 50% of our shares in SumUp for a total cash consideration of $34.0M. In the third quarter 2021, SumUp initiated a secondary equity offering, in which Groupon did not participate, and as a result we adjusted the carrying value of our investment that resulted in an unrealized gain of $89.1M, as of September 30, 2021. There is no public market for SumUp securities at this time. In addition, Groupon has non-controlling minority investments in Monster Holdings LP and Nearbuy Pte Ltd. Both of these investments had a fair value of $0.0 million as of September 30, 2021. Groupon also has non-controlling investments in various other entities." It is unclear when Groupon updated its website to reflect its investment holdings disclosures. Previously, on January 26, Bloomberg had reported that SumUp may seek new funds at a $22B valuation. Reference Link

09:28 EST AbbVie CEO 'remains confident' in long-term outlook for the business - Says drug pipeline "remains robust." Says "feels very good" about progress with Skyrizi and Rinvoq. Anticipates achieving "numerous" regulatory milestones in 2022 across pipeline. Comments taken from Q4 earnings conference call.

09:24 EST Avid Technology announces AVID NEXIS EDGE - Avidy extended the power of its collaborative post production solutions with the introduction of Avid NEXIS EDGE. The company said, "This innovative new software option enables post production teams to work from any location, delivering secure, remote access to media and metadata. Avid NEXIS EDGE enables team members to access the same proven collaborative workflows relied on by thousands of post production facilities worldwide, without requiring collaborators to be co-located. Avid NEXIS EDGE will be previewed at the HPA Tech Retreat in Rancho Mirage, California, starting on February 21, 2022."

09:19 EST SentinelOne partners with Noetic Cyber for cybersecurity solutions - SentinelOne announced a partnership with Noetic Cyber, a cloud-based continuous cyber asset management and controls platform. This partnership delivers an end-to-end cybersecurity asset management solution that leverages SentinelOne's endpoint and cloud workload telemetry, combined and correlated with information from other information sources, to generate a multidimensional map of all assets and their cyber relationships. Joint customers install the SentinelOne Connector into the Noetic platform and provide it with API credentials to establish a bi-directional integration between the two platforms. The integration of SentinelOne Singularity XDR and the Noetic platform aims to enable teams to extend the visibility, detection and endpoint insights of SentinelOne into a wider asset inventory and management architecture, maximizing their value.

09:17 EST Orangetheory Fitness adopts Matterport Capture Services - Matterport announced that Orangetheory will utilize Matterport Capture Services to scan and create digital twins of all its U.S. studios, ensuring design and layout are consistent with global brand guidelines. With more than 1,250 studios across the U.S., Orangetheory's operational teams will gain significant cost and time savings by enabling highly efficient collaboration, analysis, and decision making using digital twins of its studios remotely.

09:16 EST TOP Ships gets credit committee approval of financing for newbuilding vessel - TOP Ships announced that it has obtained credit committee approval from a major international financier for the financing, via a sale and leaseback agreement, of up to 80% of the shipbuilding cost of the Suezmax tanker vessel M/T Eco Oceano CA currently under construction at Hyundai Samho Heavy Industries Co., Ltd. in South Korea. The company had previously announced that it had entered into a non-binding termsheet and disclosed the main terms of the financing while awaiting credit committee approval. The financing is only subject to the agreement and the execution of customary legal documentation following which the Company's remaining newbuilding program will be fully funded.

09:16 EST ClearOne gets Versa Lite CT certification from Google for Google Meet - ClearOne (CLRO) announces Google (GOOG:GOOGL) Meet certification of its Versa Lite CT, a USB audio-enabled Beamforming Ceiling Tile Microphone that brings cost-effective and superb professional conferencing audio to small- and mid-sized spaces enhancing the meeting room, classroom, and work-from-home experience. Google Meet ranks among the top 5 for growth in the cloud meetings and team collaboration market, according to a recent Frost & Sullivan report. With Google Meet certification of ClearOne's Versa Lite CT, users can be confident that they will have an outstanding collaboration experience. The ClearOne COLLABORATE .Versa Lite CT is a professional USB-enabled audio-conferencing microphone system designed to dramatically enhance the audio experience with natural-sounding conversations and highly intelligible speech. It includes a beamforming microphone array with full 360 degrees coverage, full-duplex transmission, AEC Adaptive Steering , and a ceiling-tile form factor and optional adapter for home office ceilings. Also included is the Versa USB Expander. Consumers use a USB cable to connect the Versa USB expander to the USB port of their laptop or room computer for crystal-clear room audio.

09:11 EST Ansys enters strategic collaboration with AWS for cloud engineering simulations - Ansys announced a strategic collaboration with Amazon Web Services, identifying the CSP as the preferred and recommended partner for Ansys Gateway powered by AWS. The collaboration will enable deployment of Ansys products on AWS. By leveraging connected ecosystem applications in a cloud environment, Ansys customers aim to reduce time to market, reduce costs, and innovate faster. The newly formed collaboration will provide a browser-based, location-independent solution for Ansys customers. With Ansys Gateway powered by AWS customers will be able to access Ansys applications, enabling faster, flexible, and highly-scalable engineering simulations.

09:10 EST Kyndryl Holdings, Pure Storage announce global alliance - Kyndryl (KD) and Pure Storage (PSTG) announced a global alliance that joins the expertise and operational experience of Kyndryl with the best-in-class storage technology of Pure to deliver mission-critical capabilities to enterprises. As part of the new alliance, Kyndryl will become a key delivery partner for Pure, expanding on already integrated solutions and increasing its existing Pure skills and capabilities to drive transformative business outcomes for customers. Together, Pure and Kyndryl will deliver jointly optimized solutions to address the complex challenges enterprises face related to application and infrastructure modernization, automation, multicloud management, containerization, and more - providing cyber resiliency elements natively at the storage layer to enable cloud-based applications coupled with data portability in the cloud or on-premises.

09:08 EST ReNew Energy Global authorizes $250M share repurchase program - ReNew Energy Global has authorized a new $250M share repurchase program to buy back Class A Ordinary Shares in the capital of the company, which will be funded through cash received from the company's recent sale of its 117 MW/138 MWp solar rooftop portfolio, which was at an EV/run rate adjusted EBITDA multiple of approximately 9.5x, as well as from its current cash balance. The company is currently evaluating further offers to sell minority interests of assets at similar indicated valuation multiples. The company will only commence the buyback under the Share Repurchase Program following approval by the court of the cancellation of the company's share premium and registration of such order with the Companies House as required under the UK Companies Act, 2006 and creation of distributable profits for the company to undertake any share repurchases under the Share Repurchase Program. It is expected that all approvals will be received and repurchases could commence in mid-February 2022.

09:07 EST Tenable Holdings expands Tenable.cs capabilities - Tenable announced new capabilities for Tenable.cs, its cloud-native application security platform. Tenable.cs delivers full lifecycle cloud-native security to address cyber risks from build to runtime. With the new features, organizations can secure cloud resources, container images and cloud assets to provide end-to-end security from code to cloud to workload. Tenable.cs enables organizations to programmatically detect and fix cloud infrastructure misconfigurations in the design, build and runtime phases of the Software Development Lifecycle (SDLC) to prevent unresolved insecure configuration or exploitable vulnerabilities from reaching production. Tenable.cs secures infrastructure as code before deployment, maintains a secure posture in runtime, and controls drift by synchronizing configuration between runtime and IaC. The IaC remains the single source of truth, eliminating the need for complex and manual processes. The solution also includes Frictionless Assessment and Nessus Vulnerability Assessment for cloud workloads as well as Container Security to assess cloud hosts and container images for vulnerabilities without the need to manage scan schedules, credentials or agents.

09:07 EST BAWAG Group agrees to acquire Peak Bancorp for $12.05 per share - Peak Bancorp, the holding company for Idaho First Bank, announced the signing of an agreement to sell 100% of the shares of Peak Bancorp, Inc. to BAWAG Group, a publicly listed holding company headquartered in Vienna, Austria for $65M. The transaction represents a diluted per share price of $12.05, and is subject to shareholder and regulatory approval. "BAWAG Group will work with the current leadership team of Idaho First Bank to continue growing its community banking focused business in Idaho and adjacent markets, while also providing the operational support and financial strength of a broader banking group. The acquisition enables BAWAG Group to expand its footprint in the United States and better position it for future growth in one of the bank's core markets," the company stated. Todd Cooper, CEO and President of Peak Bancorp, Inc., stated, "We are extremely excited about the opportunity to join BAWAG Group, and are proud to be a focal point for its U.S. expansion efforts. This partnership will allow us to continue serving our markets with a Community First focus. We will be able to leverage BAWAG's resources, depth, and diversification to better serve our communities and banking customers, while also providing exceptional value to Peak Bancorp shareholders."

09:06 EST Mawson Infrastructure, Voltus team to deliver 100 MW virtual power plant to PJM - Voltus and Mawson Infrastructure Group announce plans to deliver 100 megawatts of distributed energy resources to the PJM electricity grid in 2022. Mawson is building a new 100 MW cryptomining facility on the grounds of a former industrial site in Midland, Pennsylvania with the intention of bringing 50 MWs of load online by March 2022 and an additional 50 MWs by June 2022. This capacity is expected to be available to PJM's grid operators as a grid balancing resource 24/7/365 through the Voltus DER marketplace software platform. "Mawson actively works to reduce energy consumption and limit our environmental impact as we build energy-efficient next-generation digital infrastructure," explains Mawson Chief Operating Officer Liam Wilson. "Incorporating the best practice of distributed energy resource program participation through the Voltus software platform into our Midland development plans was another opportunity for Mawson to be a steward of the community and electricity grid that is serving us." "Cryptomining load is expected to reach nearly 10,000 MWs in the US over the next five years," explains Gregg Dixon, Voltus CEO and Co-founder. "Voltus can control these loads in a fully automated fashion, connecting this capacity to power markets that value them, resulting in cash back to miners, reliable resources for grid operators, and a balancing resource to improve the reliability of much-needed renewable energy. Digital infrastructure leaders like Mawson recognize that partnering with Voltus supports the grid and provides a competitive advantage in the power-cost driven world of cryptomining."

09:05 EST BAWAG Group to acquire Peak Bancorp for $65M - Peak Bancorp announced the signing of an agreement to sell 100% of the shares of Peak Bancorp, Inc. to BAWAG Group, a publicly listed holding company headquartered in Vienna, Austria for $65M. The transaction represents a diluted per share price of $12.05, and is subject to shareholder and regulatory approval. BAWAG Group will work with the current leadership team of Idaho First Bank to continue growing its community banking focused business in Idaho and adjacent markets, while also providing the operational support and financial strength of a broader banking group. The acquisition enables BAWAG Group to expand its footprint in the United States and better position it for future growth in one of the bank's core markets.

09:03 EST Nuvei has gone live as payment provider with THG - Nuvei announces that it has gone live as a payment provider with THG, the global technology platform company specialising in taking brands direct to consumers. THG is utilizing Nuvei's recurring billing service that allows secure, automated re-purchasing via tokenization. "We're delighted to partner with THG," said Philip Fayer, Chair and CEO of Nuvei. "With a shared ethos of exceptional experience, innovation and service, we're empowering online brands to operate in more countries and accept more forms of regionally familiar and preferred digital payment methods to drive conversion."

09:00 EST DiaMedica Therapeutics appoints Dominic Cundari as chief commercial officer - DiaMedica Therapeutics announced the appointment of Dominic Cundari as chief commercial officer. In this role, Cundari will be focused primarily on the commercial planning, positioning and launch preparations for DM199 in acute ischemic stroke. Prior to joining DiaMedica, Cundari spent over twenty years launching innovative products and building and managing commercial organizations in multiple therapeutic areas at Genentech.

08:42 EST D.R. Horton sees Q2 home sales gross margin similar to, slightly better than Q1

08:42 EST Asia Pacific Wire & Cable Corp completes rights offering - Asia Pacific Wire & Cable Corporation announced the completion of its rights offering. The subscription period for the rights offering expired at 5:00 p.m. Eastern Standard Time on January 31, 2022, the expiration date for the rights offering. In the rights offering, which was oversubscribed, the Company issued and sold an aggregate of 6,796,558 common shares pursuant to the exercise of subscription rights, raising gross proceeds of approximately $8.3M before any expenses of the rights offering. Following the completion of the rights offering, the Company had 20,616,227 common shares outstanding. The net proceeds of the rights offering will be used for general working capital and corporate purposes. The subscription price in the rights offering was $1.22 per common share. In accordance with the terms of the rights offering, this subscription price is equal to 90% of the lower of the volume weighted average price per common share on the Nasdaq Capital Market over the five consecutive trading days through and including the expiration date of the rights offering, and the closing price per common share on the Nasdaq Capital Market on the expiration date of the rights offering

08:40 EST Genasys announces multiple communications software services contracts in Texas - Genasys announced multi-year Genasys Emergency Management, GEM, software services contracts with the State of Texas Office of the Attorney General, Texas OAG, Madison County, and the Town of Little Elm. The Company's GEM contract with the Texas OAG was renewed and new GEM contracts replaced competitors' emergency notification services in Madison County and Little Elm. "The Texas OAG utilizes GEM's Desktop Panic to help ensure the safety of case workers during child support and protective services duties," said Richard Danforth, Chief Executive Officer, Genasys. "Our GEM contract with Madison County includes Genasys' weather warning module, which quickly gathers data on approaching storms and alerts residents in the path of severe weather to take appropriate life safety actions. The additional GEM software services include visitor management and sending alerts and emergency notifications to port workers and visitors via SMS, mobile phones, and email."

08:40 EST Jones Soda, Wesana Health, Mike Tyson partner to launch nootropic supplement - Jones Soda Co. (JSDA), Wesana Health (WSNAF) and professional boxer and celebrity Mike Tyson announced their partnership to bring a completely new functional supplement experience to market. The company said, "Inspired by Mike Tyson's personal journey in pursuit of optimal mental health through the use of natural, fungi and plant-based solutions, Jones worked closely with Wesana's science team to create a distinct line of liquid supplements designed to promote focus, clarity and support brain health." Launching in the first quarter of 2022, Jones Nootropics will initially be available in two flavors. The flavors, Tyson's Punch and Tiger's Blood, both feature fruity, crisp, and flavor-forward taste profiles that are great complements to the functional nootropic experience. The initial run will be available for purchase on www.jonessoda.com.

08:38 EST Evoke Pharma, EVERSANA extend commercialization partnership for Gimoti - Evoke Pharma and EVERSANA Life Science Services announced the extension of their agreement to continue collaborating on the commercialization and distribution of Gimoti nasal spray in the United States through the end of 2026. This amendment increases the percentage of net product profit retained by Evoke and accelerates the reimbursement of commercialization costs to Eversana after the product breaks even on a monthly basis. The initial term provided in the original agreement was five years following FDA approval, June 19, 2025, but this amendment will extend the term of the agreement through December 31, 2026. "We continue to see expanding enrollments and filled prescriptions for the brand and believe in the long-term opportunity for Gimoti. We are excited to continue leveraging the expertise of EVERSANA's team for our sales and distribution efforts, given their large-scale commercialization capabilities for products generated by life science companies," commented Dave Gonyer, CEO of Evoke Pharma.

08:36 EST D.R. Horton 'well-positioned' to deliver double digit volume growth in FY22

08:36 EST ElectraMeccanica to begin delivery of SOLO Cargo EV to fleet, customers in Q2 - ElectraMeccanica Vehicles announced the specifications of its SOLO Cargo EV as well as the timeline for the commencement of deliveries, expected to begin in the second quarter of 2022. The SOLO Cargo EV has a range of 100 miles and a top speed of 80 mph, making it safe for highway use. It also features front and rear crumple zones, side impact protection, a Kevlar reinforced safety hoop, torque-limiting control as well as power steering, power brakes, air conditioning and a configurable entertainment system. SOLO Cargo EV dimensionshave been expanded to include cargo space for a total of 11.8 cubic feet of storage space - as compared to 5 cubic feet of storage in the standard SOLO EV. The vehicle is 53" tall and approximately 123" long, and the rear cargo dimensions are 37.5" long x 34" wide x 16" high. The Cargo version contains a variety of features for commercial applications.

08:36 EST D.R. Horton still sees significant challenges in supply chain - Comments taken from Q1 earnings conference call.

08:34 EST Yield10 Bioscience receives favorable CONABIA ruling for camelina lines - Yield10 Bioscience announced it has received a favorable determination from the Argentine Biosafety Commission for three CRISPR genome edited Camelina lines. CONABIA conducted an evaluation of three CRISPR genome edited Camelina lines presented by Yield10 and determined that these plants are similar to conventionally bred Camelina varieties, and thus are not regulated under the biotechnology resolution No. 763/11 of the Ministry of Agriculture, Livestock and Fisheries in Argentina. CONABIA confirmed that because Yield10's edited Camelina does not contain any foreign inserted DNA, this variety can be marketed like conventionally bred Camelina which does not require any pre-market authorizations. The Company's CRISPR edited Camelina lines covered by the CONABIA ruling are E3902 as well as two distinct C3007 Camelina lines developed by Yield10. Yield10 developed line E3902 and the two C3007 Camelina lines as part of its program to identify gene targets useful for increasing oil content in oilseed crops. Yield10 researchers produced line E3902 using CRISPR genome editing to modify three genes involved in oil biosynthesis and oil turnover in Camelina. In field trials to date, the E3902 Camelina line has shown a consistent 5 percent increase in seed oil content as a percentage of seed weight over control plants. The E3902 trait represents a leading trait in Yield10's pipeline and is currently being scaled up to produce oil for sampling. The C3007 trait is at the field testing stage in Camelina and canola to evaluate its activity as a way to increase oil biosynthesis in oilseed crops. Yield10 previously cleared these Camelina lines from regulation in the U.S. under the "Am I regulated?" process administered by the U.S. Department of Agriculture Animal and Plant Health Inspection Service.

08:33 EST Nano Dimension's Global Inkjet Systems to present at InPrint Munich - Nano Dimension announced its Global Inkjet Systems Division will present its latest print application capabilities at InPrint Munich, March 15-17, 2022. Developed to meet the ever-increasing market demands of graphics and non-graphics markets, the company's range of products offers original equipment manufacturers and system builders the ability to meet the requirements of high-end, demanding industrial applications. During the show, senior members of the GIS team will be available at Stand A4 2664 to discuss the latest print quality optimization software solutions, ink delivery system components, and printhead control capabilities.

08:33 EST iStar to sell net lease asset portfolio to Carlyle affiliate for $3.07B - iStar (STAR) announced that it has signed a definitive agreement to sell a portfolio of its owned and managed net lease assets for a gross purchase price of $3.07B. The portfolio consists of 18.3M square feet of institutional quality office, entertainment, and industrial properties located throughout the country. The portfolio is being acquired by an affiliate of Carlyle's (CG) Global Credit platform. The transaction is expected to close in the first quarter, subject to customary closing conditions. The company estimates that it will recognize total net positive impacts to both net income and common equity of approximately $525M and to adjusted common equity of approximately $250M. After repayment of all associated mortgage debt and full repayment of its secured term loan, the company estimates that it will receive net cash proceeds of approximately $1.1B. These estimates are subject to increase or decrease based upon the final purchase price allocations, customary prorations and the exact closing date, and are net of estimated distributions to its venture partner, debt prepayment fees, closing costs, promote fees, and distributions under iStar's long-term incentive plan, iPIP. The company expects to record approximately $40M of net expenses in the fourth quarter of 2021 associated with the transaction, and approximately $565M of net gains in the quarter in which the transaction is completed, currently expected to be in the first quarter of 2022.

08:17 EST Bionano Genomics announces adoption of Saphyr system in two GLH in UK NHS - Bionano Genomics announced the adoption of its Saphyr system by two genetics laboratory hubs, GLH, within the United Kingdom's, UK, National Health Service, NHS. The Newcastle upon Tyne Hospitals NHS Foundation Trust and the Birmingham Women's and Children NHS Foundation Trust intends to utilize the system to evaluate OGM against traditional cytogenetic methods. "With these two new Saphyr placements in the UK's NHS, we continue to broaden our footprint and provide scientists and clinical researchers with the ability to develop a comprehensive, reliable and cost-effective solution for detecting chromosomal abnormalities in hematologic malignancies, genetic conditions and cancer research applications," commented Erik Holmlin, PhD, President and Chief Executive Officer of Bionano. "We welcome these genomic laboratory hubs to the OGM community and look forward to working with them as we strive to transform the way the world sees the genome."

08:15 EST FuelCell releases first sustainability report - FuelCell Energy announced the availability of its first sustainability report. The FuelCell Energy 2021 Sustainability Report reaffirms the Company's commitment to team members, community, environmental safety, and a diverse Board of Directors and global team. The report also illuminates how FuelCell Energy is advancing both the Company's and customer's environmental and sustainability agendas. This report introduces a commitment to achieving Net Zero emissions by 2030 on Scope 1 and Scope 2 emissions, and details the efforts and initiatives being undertaken to hit metrics and achieve milestones toward Net Zero 2030. Also highlighted are the advancements in developing technologies and processes by which FuelCell Energy plans to efficiently decarbonize inefficient power sources and produce clean, storable hydrogen. FuelCell Energy's report aligns with both the Sustainability Accounting Standards Board and the Task Force on Climate-Related Financial Disclosures reporting criteria. Highlights from the Sustainability Report include: The link between how FuelCell Energy fulfills its corporate purpose and how the Company helps customers achieve their own sustainability goals; How FuelCell Energy's commitment to sustainability fully extends into its operations and the management of related resources that support the execution of the sustainability plan; How FuelCell Energy's unique hydrogen and carbon capture solutions are being developed to support accelerating the greening of the electric grid; Diverse use cases with partners such as Toyota, ExxonMobil Research and Engineering, Pfizer, wastewater districts, and local municipalities; Data and key performance indicators on topics that are material to the Company's global stakeholders.

08:13 EST Splash Beverage signs TapouT distribution deal with Tri County Beverage - Splash Beverage Group, announced that it has signed a distribution agreement with Tri County Beverage in Michigan to distribute TapouT through suburbs of Detroit. Tri County Beverage, headquartered in Warren, Michigan was created in 1994 though it can trace its roots back to 1958. The company today services Oakland and Macomb Counties with annual sales of 3 million cases.

08:12 EST Pitney Bowes sees FY22 revenue, EBIT growth in low-mid single digits - In its Q4 earnings press release, Pitney Bowes stated: "The company expects annual revenue and EBIT to grow over prior year in the low-to-mid single digit range. The company expects to refine expectations throughout the year, especially as Covid and supply chain issues dissipate."

08:11 EST Urban-Gro announces additional $1.5M expansion of stock repurchase program - urban-gro announced that its Board of Directors has authorized an additional $1.5M expansion to the Company's existing stock repurchase program. This expansion builds upon the Company's existing repurchase authorization of $7M, which was recently increased by $2M on January 18, 2022. Under the new authorization, the Company may now purchase up to a combined $8.5M of the Company's common stock from time to time in the open market or in privately negotiated transactions in compliance with the applicable rules and regulations of the Securities and Exchange Commission.

08:10 EST Recovery Engineering to receive $59.8M in proceeds from equity investment sales - Trinity Capital (TRIN) will receive approximately $59.8M in aggregate net proceeds from the sale of its equity investments in Lucid (LCID) and Matterport (MTTR). In January 2022, Trinity disposed of 1,867,973 shares of common stock in Lucid and 571,941 shares of common stock in Matterport, which represented a combined investment at a cost of approximately $9.0M. As a result, the company expects to recognize an aggregate net realized gain of approximately $50.8M in the quarter ended March 31, 2022 from the sale of its equity investments in Lucid and Matterport.

08:10 EST Grom Social's Top Draw Animation adds $950k in production assignments - Grom Social Enterprises announced its wholly-owned subsidiary, Top-Draw Animation, has executed an agreement with an international programming supplier that will generate an additional $950,000 in business. The work, announced today by Top Draw's President, Russell Hicks, will further bolster animation production to TDA's bustling studio in Manila, the Philippines, where it produces animated series, movies, specials and short-form content on behalf of major international programming suppliers, studios and network

08:09 EST SmileDirectClub expands oral care product offerings with Stain Barrier - SmileDirectClub announced the expansion of its oral care product offerings with its new Stain Barrier. The company said, "The latest whitening innovation from SmileDirectClub, Stain Barrier protects teeth with an invisible shield against common staining beverages including coffee, tea, red wine and soda. The easy-to-use gel applicator utilizes a gentle whitening agent to block stains for up to 4 hours and is safe for daily use. Complete with 30 applications per pen, Stain Barrier is designed to be used 10 minutes before consuming beverages and dries clear within 5-10 seconds, leaving behind a cool mint flavor. Thanks to its ease and portability, Stain Barrier is the perfect product to use at home or on the go." The SmileDirectClub Stain Barrier is now available at Shop.SmileDirectClub.com and on Amazon.com and will start hitting over 4,000 Walmart shelves in mid-February. The new Stain Barrier complements SmileDirectClub's existing oral care product offerings, including the recently released Dissolvable Strips and Pro Whitening System Plus

08:07 EST Ideanomics subsidiary receives order for 19 electric vehicles from AVTA - Ideanomics' wholly-owned subsidiary US Hybrid announced an order from Antelope Valley Transit Authority - AVTA - for 19 battery-electric, long-range, ADA-compliant transit vans. The vans to be delivered will undergo durability and safety testing at the Altoona test track, as required by the Federal Transit Administration to be eligible for federal funding. The battery-electric vans will be powered by US Hybrid's powertrain with an estimated range of 220 miles per charge and will be compatible with high-power, DC fast charging currently used by AVTA.

08:06 EST Elys Game granted approval for Grand Central Restaurant and Sportsbook - Elys Game Technology announced that Grand Central Restaurant and Sportsbook in Washington D.C. has been granted approval by the DC Office of Lottery and Gaming, Regulation and Oversight Division to increase the number of authorized ticket window terminals and self-service betting kiosks. The expansion allows for increased traffic to each terminal improving customer experience and wager velocity.

08:06 EST Missouri American Water invests $2.1M in Jefferson City's water system - To improve Jefferson City's water system, Missouri American Water is investing $2.1M to replace more than 9,300 feet of aging water mains. "Because our pipes are buried underground it can be easy to take our drinking water system for granted," said Missouri American Water President Rich Svindland. "Making investments to replace water mains as they reach the end of their useful life allows us to continue to provide clean, safe and reliable service for our customers in Jefferson City and around the state."

08:05 EST Twin Disc sees $7M-$10M in 2022 capital expenditures - Jeffrey Knutson, Vice President - Finance, CFO, Treasurer and Secretary stated, "We repatriated approximately $8.9 million in cash from Switzerland associated with the fiscal 2022 first quarter sale leaseback of our Rolla facility, which we used to pay down long-term debt. As a result, total debt was $25.3 million at December 31, 2021, compared to $31.9 million at September 24, 2021, and $41.8 million at December 25, 2020. With strengthening order rates, we believe we are well positioned to reduce inventory levels and convert more of our balance sheet to cash in the coming quarters. We expect to allocate capital to initiatives focused on reducing debt and modernizing our operations, and we plan to invest $7 million to $10 million in capital expenditures during fiscal 2022."

08:04 EST Catalyst Bancorp names Jacques Bourque as CFO - Catalyst Bancorp announced that Jacques Bourque, CPA, has been named CFO of the Company and Bank. Bourque joined the company as Treasurer in October 2021. Previously, he served as Senior Accountant for Home Bank, N.A., where he played a key role in financial reporting and analysis.

07:57 EST Capri Holdings jumps 10% to $68.00 after Q3 results, FY22 guidance top estimates

07:51 EST Nordic American Tankers announces sale of Suezmax 'Nordic Mistral' - The company said, "On the NAT website, you will see our press release of July 28, 2021, referring to our program to adjust our fleet. Accordingly, we announced the sale of "Nordic Sirius" on October 6, 2021. We have now sold one more Suezmax under the program. The 2002 built "Nordic Mistral" has been sold. This transaction is fixed and firm. The vessel is planned for delivery to the new owner later in February. A price of about $30M has been achieved in total for these two vessels, reflecting their quality and strengthening NAT. Following the above transactions, Nordic American Tankers controls a fleet of 23 Suezmaxes - including 2 newbuildings for delivery in May and June this year."

07:47 EST Allegheny Technologies authorizes $150M share repurchase - Allegheny Technologies has authorized the repurchase of up to $150M of its outstanding common stock. The stock repurchase program does not obligate the company to repurchase any specific number of shares and it may be modified, suspended, or terminated at any time by the board of directors without prior notice.

07:38 EST OLB Group reports annual transaction volume run rate reaches $1.35B - OLB Group announced that the company's merchant services annual transaction volume run rate has reached $1.35B in transaction volume as a result of 28.5M transactions.

07:37 EST Founder SPAC files registration statement in connection with Rubicon combination - Founder SPAC (FOUN) and Rubicon Technologies (RBT) announced that Founder filed a registration statement on Form S-4 with the U.S. Securities and Exchange Commission on February 1, 2022. The Registration Statement contains a preliminary proxy statement/consent solicitation statement/prospectus in connection with the previously announced business combination between Founder and Rubicon. Although the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Rubicon and Founder, as well as the proposed business combination. Rubicon, a Lexington, Kentucky-based company, is an environmental innovator that utilizes its cloud-based technology and software platform to provide smart waste and recycling solutions for businesses and governments worldwide, via its network of more than 8,000 hauling and recycling partners across 20 countries. On December 15, 2021, Founder entered into a merger agreement with Rubicon. The combined company is expected to be listed on the New York Stock Exchange upon completion of the transaction, which is expected to occur in the second quarter of 2022, subject to approval by Founder's shareholders, the Registration Statement being declared effective by the SEC, and other customary closing conditions. The transaction and related financings are expected to provide gross proceeds of approximately $432M to Rubicon, assuming no redemptions and prior to the payment of transaction expenses.

07:36 EST Jazz Pharmaceuticals completes sBLA submission for Rylaze - Jazz Pharmaceuticals has completed the submission of a Supplemental Biologics License Application - sBLA - to the FDA seeking approval for a Monday/Wednesday/Friday intramuscular dosing schedule for Rylaze for use as a component of a multi-agent chemotherapeutic regimen for the treatment of acute lymphoblastic leukemia and lymphoblastic lymphoma in adult and pediatric patients one month and older who have developed hypersensitivity to E. coli-derived asparaginase. The submission will be reviewed under the Real-Time Oncology Review program, an initiative of FDA's Oncology Center of Excellence, and follows Rylaze's initial approval under the RTOR program in June 2021. The sBLA submitted by Jazz is supported by data from the three-cohort intramuscular administration part of the Phase 2/3 trial of Rylaze in adult and pediatric patients with ALL and LBL who have developed hypersensitivity to an E. coli-derived asparaginase. Initial results showed that Rylaze maintains a clinically meaningful level of nadir serum asparaginase activity greater than or equal to0.1 IU/mL at both 48 and 72 hours. The sBLA follows FDA approval of Rylaze in June 2021 under the RTOR program. Rylaze was also granted orphan drug designation for the treatment of ALL/LBL in June 2021.

07:35 EST Bath & Body Works raises annual dividend 33% to 80c per share - The company announced approval by the Board of Directors of certain actions with respect to capital structure, including: The authorization of a 33 percent increase in the company's annual dividend to 80c per share. The declaration of the company's quarterly dividend of 20c per share, payable on March 4, 2022, to shareholders of record as of Feb. 18, 2022.

07:34 EST Bath & Body Works announces $1.5B share repurchase authorization - The company announced approval by the Board of Directors of certain actions with respect to capital structure, including: The authorization of a new $1.5B share repurchase program, $1B of which we plan to execute through an accelerated share repurchase this week. This follows the completion of the company's previous $1.5B share repurchase authorization, with nearly $2B or approximately 10 percent of shares outstanding as of Jan. 30, 2021, repurchased in fiscal 2021.

07:33 EST Triumph Group to sell Stuart, Florida Aerostructures business to Daher Aerospace - Triumph Group announced that it has entered into a definitive agreement to sell its Stuart, Florida Aerostructures business to Daher Aerospace. The sale includes the Stuart, Florida business and the transfer of Stuart employees. The Stuart operation specializes in the assembly of large, complex metallic structures such as wing and fuselage assemblies, and has approximately 400 employees. Since 2016, Triumph divested 16 non-core businesses, including the Stuart business addressed in the announcement, as part of its transformation efforts to enhance shareholder value and position the company for long-term success. This transaction is subject to customary closing conditions and is expected to close in the first half of the calendar year. Terms were not disclosed.

07:23 EST Waste Management to raise dividend by 30c to $2.60 per share - The Board of Directors has indicated its intention to increase the annual dividend by 30c per share to $2.60, increasing estimated annual dividends paid to shareholders to $1.08 billion. This will be the 19th consecutive year of increases in the Company's per share dividend. The Board of Directors must separately approve and declare each dividend. In December 2021, the Board of Directors refreshed the Company's share repurchase authorization, allowing for the repurchase of up to $1.5 billion of the Company's common stock, signaling confidence in the Company's cash flow outlook and financial position.

07:20 EST New York Times increases quarterly dividend, adopts $150M stock repurchase plan - The company's board of directors declared a 9c dividend per share on the company's Class A and Class B common stock, an increase of 2c from the previous quarter. The dividend is payable on April 21 to shareholders of record as of the close of business on April 6. The board of directors also approved a $150M Class A stock repurchase program. The new authorization replaces an existing authorization under which approximately $16.2M remained.

07:18 EST New York Times sees FY22 capital expenditures $50M

07:17 EST New York Times sees Q1 total subscription revenue up 11%-15% - Sees Q1 adjusted operating costs up 18%-22%.

07:15 EST CorVel appoints Jeff Gurtcheff as Vice President of Enterprise Comp - CorVel has named Jeff Gurtcheff as Vice President of Enterprise Comp. "As Vice President of Enterprise Comp, Gurtcheff will refine product vision and strategy related to corporate goals and manage resources responsible for regulatory compliance, claims handling, quality, and standards and procedures," the company said. Gurtcheff joined CorVel in 2019 as Vice President of National Accounts and Strategic Insights.

07:14 EST Gilat Satellite announces launch of SkyEdge IV - Gilat Satellite Networks announced the launch of SkyEdge IV, a next generation satellite communication ground system, aiming to capture a leading position of the multibillion-dollar emerging VHTS market opportunity. SkyEdge IV will increase operational efficiencies due to scalable software centricity and provides VSAT backward compatibility to preserve SkyEdge II-c customer investment. Gilat's SkyEdge IV is a multi-orbit, multi-service platform built to work in harmony with software defined satellites and support cloud software defined network centric infrastructure. "Gilat is bringing to market SkyEdge IV, an unprecedented deep-tech software-centric platform that will make the future multibillion-dollar VHTS market opportunity a reality," said Hagay Katz, Gilat's Chief Product and Marketing Officer. "I am pleased to report that we have already secured significant orders for this leading platform."

07:12 EST View Inc. announces third Durst skyscraper to use View Smart Windows - View announced that its smart windows have been installed at Sven, a 67-story, 958-unit luxury multifamily skyscraper in Long Island City by The Durst Organization. Sven is the tallest residential building in North America to feature smart windows. "Durst selected View Smart Windows to enhance energy-efficiency, optimize natural light, and provide residents with continuous outdoor views," the company said. "View is on a mission to transform all buildings into smart, healthy, and sustainable occupant experiences," added Dr. Rao Mulpuri, CEO of View. "We are gaining significant traction in the multi-family sector and are thrilled to partner with Durst to bring the game-changing benefits of our technology to residents of Sven."

07:10 EST IsoPlexis appoints Ou as President/General Manager, APAC region - IsoPlexis (ISO) announced the opening of its first office in the Asia-Pacific, APAC, region headed by Jason Ou as President/General Manager, APAC Region. "In this role, Ou will further advance IsoPlexis' growth in the APAC region, bolstered by a new office facility in Shanghai that will focus primarily on sales and technical support," the company said. Ou joined IsoPlexis from Tecan (TCHBF), a global provider of automated workflow solutions in the life science and clinical diagnostics markets.

07:10 EST Samsung Bioepis announces Health Canada approval of ONTRUZANT - Samsung Bioepis announced that Health Canada has approved ONTRUZANT, a biosimilar referencing Herceptin, for the treatment of adults with Early Breast Cancer, Metastatic Breast Cancer and metastatic gastric cancer. ONTRUZANT is Samsung Bioepis' fifth biosimilar approved for the use in Canada following BRENZYS in August 2016, RENFLEXIS in December 2017, HADLIMA in May 2018, AYBINTIO in November 2021. ONTRUZANT will be commercialized in Canada by Organon. The Health Canada approval was based on a comprehensive data package and totality of evidence which included analytical, pharmacokinetic and clinical data, as well as pharmacology and toxicology data. The data proved that ONTRUZANT and reference trastuzumab are highly similar with no clinically meaningful difference.

07:08 EST Wabash announces rebranding of corporation - Wabash announced it has rebranded the corporation and its portfolio of brands under one, powerful Wabash brand that unites the company's products and services, employees, customers and business partners. Wabash will no longer go to market as Wabash National or with certain trade or brand names that it acquired over the last 16 years, including Benson, Brenner, Bulk Tank, Supreme, Transcraft and Walker. The company and its industry-leading van trailers, platform trailers, tank trailers, truck bodies, process systems, and parts and services will be rebranded and marketed as Wabash. In addition to the rebrand, Wabash is also introducing the brand name for its proprietary molded structural composite used in refrigerated transportation: EcoNex Technology. EcoNex Technology, formerly referred to as MSC Technology, is one of the most environmentally conscious materials in the transportation market, designed to advance sustainability throughout the transportation, logistics and distribution industry. This technology has already been recognized in the industry with several awards for advancing sustainability in commercial transportation. The company's rebrand includes the launch of its new website at OneWabash.com. Wabash will remain listed on the New York Stock Exchange under the ticker symbol WNC. The rebrand and elimination of legacy sub-brands does not change legal entities of the company, nor affect contracts, terms, or conditions in place with customers, dealers, suppliers or other stakeholders.

07:08 EST Bragg Gaming names Lara Falzon COO - Bragg Gaming announced that it has appointed Lara Falzon, an accomplished iGaming executive and member of the Company's Board of Directors since March 1, 2021, to the new position of President and Chief Operating Officer. Ms. Falzon brings more than 10 years of industry experience to the new role, includif President and ng a significant track record of managing and structuring several multi-billion-dollar gaming transactions. As Chief Operating Officer, Ms. Falzon will be responsible for the primary oversight of the Company's day-to-day operational performance and will help guide the ongoing execution of Bragg's growth-focused strategies. She will also be responsible for fostering company-wide success-oriented accountability. Commenting on Ms. Falzon's appointment, Bragg's Interim Chief Executive Officer and Chairman of the Board, Paul Godfrey, said, "Lara's skill set and significant gaming industry accomplishments will serve to drive further improvements in our day-to-day operations, continued progress against our strategic initiatives, and overall financial growth. We look forward to benefiting from her oversight and guidance of our business practices and objectives as we continue to execute on our global growth strategy."

07:06 EST Old Dominion boosts dividend 50% to 30c per share - The Company's Board of Directors has declared a first-quarter dividend of $0.30 per share, payable on March 16, 2022, to shareholders of record at the close of business on March 2, 2022. This dividend represents a 50.0% increase to the quarterly cash dividend paid in the first quarter of 2021.

07:05 EST Atea Pharmaceuticals announces publication on bemnifosbuvir - Atea Pharmaceuticals announced that new data highlighting bemnifosbuvir were published in the peer-reviewed journal, Nature Communications, in an article titled, "A dual mechanism of action of AT-527 against SARS-CoV-2 polymerase." The published data demonstrate that bemnifosbuvir's mechanism of action has the potential to create a high barrier to resistance with broad antiviral activity across SARS-CoV-2 variants of concern. In Phase 2 clinical trials, bemnifosbuvir has demonstrated rapid and sustained antiviral activity in high-risk patients with COVID-19 and has been shown to be generally safe and well tolerated. "With its unique dual mechanisms, demonstrated safety and broad antiviral activity across SARS-CoV-2 variants of concern, we strongly believe in bemnifosbuvir's potential to play an important role in the treatment of COVID-19," said Jean-Pierre Sommadossi, Ph.D., Founder and Chief Executive Officer of Atea Pharmaceuticals. "The data published today provide us with further confidence that we can meet the evolving needs of patients with COVID-19." These new data demonstrate that the SARS-CoV-2 nsp12-nsp7-2 minimal replication transcription complex can promote two reactions essential to virus growth: grafting nucleotides onto viral proteins nsp8 and nsp9 by means of the NiRAN domain and de novo synthesis of dinucleotide primers by RdRp in a NiRAN-independent fashion.

07:03 EST Agrify acquires Lab Society for $8M in cash, stock transaction - Agrify announced it has acquired Lab Society, a company in distillation and solvent separation solutions for the cannabis extraction industry. "The ability to take cannabis compounds distilled into their pure forms, and then recombine them into specific, purposeful end-products could have significant potential for the pharmaceutical industry in the future," the company said. "We are ecstatic to add Lab Society to our portfolio of high-quality extraction solutions," said Raymond Chang, Chairman and CEO of Agrify. "By owning the top key solutions that produce the highest quality and the widest range of extracted cannabis products at scale, we expect it will provide Agrify with a significant competitive differentiation, enhanced customer value-add, superior industry leadership position and significant growth opportunities globally." Agreement Details: The purchase price for Lab Society was $8M, consisting of $4M in cash and $4M in unregistered shares of Agrify common stock, subject to adjustments as set forth in the definitive agreement. There is also an additional earnout opportunity of up to $3.5M if the revenue generated from Lab Society's products reaches certain milestones in 2022 and 2023. The definitive agreement includes customary representations, warranties, and covenants regarding Lab Society and Agrify.

06:50 EST MedMen seeks subpoeana of Hochul's office over sale with Ascend Wellness - Earlier last month, MedMen (MMNFF) accused New York Governor Kathy Hochul's administration of using improper influence in December to seal Ascend Wellness' (AAWH) deal to buy a majority of MedMen's dispensary chains after Ascend President Andrew Brown allegedly attended a fundraiser hosted by Governor Hochul, according to New York Supreme Court records. On January 31, MenMen wrote a request to Judge Margaret Pui Yee Chan for permission to subpoena the Office of Governor Kathy Hochul. Among other things, MedMen wants to know who attended and contributed to the fundraising event. Reference Link

06:45 EST CGI Inc. renews NCIB - CGI announced that its board of directors has authorized the renewal of its Normal Course Issuer Bid, or NCIB, subject to approval by the Toronto Stock Exchange, or TSX. CGI's management and board of directors believe that the purchase for cancellation of the company's Class A subordinate voting shares is a proper use of funds, and the NCIB will provide the flexibility to purchase Class A Shares from time to time as the company considers it advisable, as part of its efforts to increase shareholder value. Under the terms of the NCIB, subject to TSX approval, the company may purchase for cancellation on the open market through the facilities of the TSX and the New York Stock Exchange and through alternative trading systems, as well as outside the facilities of the TSX pursuant to exemption orders issued by securities regulators, up to 18,781,981 Class A Shares, representing approximately 10% of the company's public float as of the close of business on January 24.

06:38 EST NGL Energy Partners partners with XRI Holdings for produced water management - NGL Energy Partners announced a collaboration with XRI Holdings to advance full cycle produced water management across operations in the Delaware Basin. NGL owns and operates the largest integrated produced water pipeline system in the Basin where it currently manages over 1.8 million barrels per day. XRI is the largest produced water recycling company in the Permian Basin, managing total water volumes in excess of 1.2 million barrels per day. The flexible, non-exclusive nature of this joint effort allows each company to continue to operate produced water reuse and recycling activities independent of one another.

06:35 EST Idexx Laboratories reports Q4 EPS $1.89, consensus $1.71 - Reports Q4 revenue $801.09M, consensus $781.83M. "IDEXX had a strong finish to an exceptional 2021, as busy veterinary customers responded positively to our highly differentiated diagnostic testing and information management platforms," said Jay Mazelsky, IDEXX's CEO. "We're pleased to see veterinarians look to IDEXX solutions to support their passion to improve patient care and to run their practices more efficiently at a time when they have never been busier. This has resulted in continued high CAG Diagnostics recurring revenue growth across our major regions and record levels of premium instrument placements, with solid gains across our major in-clinic platforms. As a Purpose-driven company focused on improving the health and well-being of pets, people and livestock, our outstanding results reflect the high levels of execution across the IDEXX organization through the challenges of the COVID-19 pandemic. We are well-positioned to build on this momentum moving forward and to address the still significant untapped potential for companion animal healthcare globally."

06:19 EST MPLX reports Q4 EPS 78c, consensus 75c - Reports Q4 revenue $2.73B, consensus $2.47B. "In 2021, our focus on strict capital discipline and lowering the cost structure as well as solid operational performance contributed to strong cash generation," said Michael Hennigan, MPLX chairman, president, and chief executive officer. "This year MPLX returned approximately $4.2 billion of capital to unitholders through both distributions and unit repurchases."

06:11 EST LogicBio Therapeutics provides update on LB-001 clinical development program - LogicBio Therapeutics provided an update on the LB-001 clinical development program. The FDA has notified the company that its Phase 1/2 SUNRISE clinical trial of LB-001 in pediatric patients with methylmalonic acidemia, or MMA, has been placed on clinical hold. The company will host a conference call and webcast this morning to discuss this update. To date, four patients have been dosed in the SUNRISE trial with LB-001, LogicBio's investigational, single-administration, adeno-associated virus, or AAV, genome editing therapy. In accordance with the FDA-cleared protocol, the first two patients dosed were in the older age group and received 5 x 1013 vg/kg of LB-001. These first two patients are doing well, have not experienced drug-related serious adverse events, or SAEs, and are being monitored in accordance with the protocol. As previously disclosed, the third patient dosed in the SUNRISE trial, who received 5 x 1013 vg/kg of LB-001 and is in the younger age group, experienced a drug-related SAE, which was categorized as a case of thrombotic microangiopathy, or TMA. TMA has been previously reported in association with other AAV genetic therapies. The patient was hospitalized and responded well to intravenous fluids and parenteral nutrition. Following this SAE, the company implemented additional safety measures in the SUNRISE trial, and reported the SAE to the FDA and the Data Safety Monitoring Board for the trial, or DSMB. In December 2021, the company announced that the SAE experienced by the third patient had resolved. In January, the fourth patient dosed in the SUNRISE trial, who received 5 x 1013 vg/kg of LB-001 and is in the younger age group, experienced a drug-related SAE, which was categorized as a case of TMA. The patient is being closely followed by the patient's care team and has been steadily improving. The company reported the SAE to the FDA and the DSMB. The FDA subsequently notified the company that the SUNRISE trial has been placed on clinical hold. LogicBio will be working closely with the FDA and the DSMB to determine the next steps for the SUNRISE trial and the LB-001 program. Until the company has more clarity regarding the impact of the clinical hold, LogicBio is suspending guidance on the timing of announcing interim data for the SUNRISE trial.

06:05 EST Kennedy Wilson and Goldman Sachs Asset Management acquire Seattle community - Kennedy Wilson (KW) and the Real Estate business within Goldman Sachs (GS) Asset Management have acquired Coppins Well, a 236-unit high-rise apartment community in Seattle, Washington for $106.5M, excluding closing costs. Completed in 2012, the 17-story building complements Kennedy Wilson's multifamily presence in Washington, which now exceeds 10,000 units. Kennedy Wilson has a 30% ownership interest in Coppins Well, which the partnership acquired with a total equity investment of $44M and a $66M loan, and currently generates $3.5M of net operating income.

06:02 EST Ensign Group acquires two skilled nursing facilities in California - Ensign Group acquired the operations of the following skilled nursing facilities in California: Arrowhead Springs Healthcare, a 119-bed skilled nursing facility located in San Bernardino, California; and Desert Mountain Care Center, a 99-bed skilled nursing facility located in Indio, California. The acquisitions were effective February 1. The acquisition of Arrowhead Springs Healthcare includes the real estate and operations at the facility. Desert Mountain Care Center will be subject to a long-term, triple net lease. These acquisitions bring Ensign's growing portfolio to 248 healthcare operations, 22 of which also include senior living operations, across thirteen states.

05:47 EST Electric Last Mile Solutions CEO, chairman resign after investigation of board - Electric Last Mile Solutions (ELMS) announced that Shauna McIntyre, a member of the company's board of directors, has been appointed as interim CEO and president, succeeding James Taylor, who has resigned from his role as CEO and a member of the board. In addition, Brian Krzanich has been appointed non-executive chairman of the board, replacing Jason Luo, who has also resigned from his position as executive chairman of the board. The departures follow an investigation conducted by a special committee of the board of directors. McIntyre most recently served as president of Ouster (OUST), following over 25 years working with automotive OEMs. On November 25, 2021, the company's board formed an independent special committee to conduct an inquiry into certain sales of equity securities made by and to individuals associated with the company, the legal, disclosure and tax consequences of those transactions, and other issues that arose in connection those sales. Based on the special committee's investigation, the company has concluded that in November and December 2020, shortly before the company's December 10, 2020 announcement of a definitive agreement for a business combination with Forum Merger III Corporation, certain Electric Last Mile Inc. executives purchased equity in the company at substantial discounts to market value without obtaining an independent valuation. Taylor purchased equity in these transactions. Luo participated in these and other transactions and directly or indirectly purchased and sold equity in such transactions. In addition, on January 26, on the basis of the special committee investigation, the board concluded that the company's previously issued consolidated financial statements should be restated and, therefore, should no longer be relied upon. The financial statements in question cover the period as of December 31, 2020, the period from August 20, 2020 through December 31, 2020, the six months ended June 30, and the nine months ended September 30, 2021. In connection with this conclusion, the company, together with its advisors, is evaluating the accounting and treatment of certain equity issuances to executive officers. Although the company cannot, at this time, estimate when it will file its restated financial statements for such periods, it is pursuing completion of the restatement, including with respect to an evaluation of the Company's financial statement reserves for tax payments and contingencies.

05:16 EST B2Gold receives exploration permit from Mali government - B2Gold announced that the Government of Mali has recently granted B2Gold's Malian subsidiary a new exploration permit covering the same perimeter as the Menankoto permit, which together with the Bantako North permit comprises the Anaconda area, located 20 kilometers from the Fekola Mine.