Stockwinners Market Radar for February 08, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:07 EST Cathie Wood's ARK Investment bought 771K shares of Robinhood today

19:56 EST Quanergy Systems closes business combination with CITIC Capital Acquisition - Quanergy Systems (QNGY) "announced the closing of its previously announced business combination with CITIC Capital Acquisition Corp (CCAC). The transaction gives the company access to approximately $175M in available liquidity on top of its existing balance sheet, before transaction expenses and debt paydown, consisting of approximately $50M in cash proceeds from the PIPE and SPAC Trust, as well as up to $125M in committed funding from a previously announced share subscription facility from Global Emerging Markets Group, a Luxembourg-based private alternative investment group. Under the GEM facility, the Company can draw on a $25 million advance from the total $125M following effectiveness of a resale S-1 Registration Statement. Proceeds from the transaction will be used for working capital, repayment of $35 million of secured notes, and transaction expenses, positioning the Company to fund future growth and continue investing in its leading portfolio of smart LiDAR and 3D perception solutions. CCAC shareholders approved the transaction at its shareholders meeting held on January 31, 2022. The combined company has been renamed "Quanergy Systems, Inc." and is expected to begin trading on the New York Stock Exchange at market open tomorrow, February 9, 2022, under the ticker "QNGY" for Quanergy common stock and "QNGY.WS" for Quanergy publicly traded warrants. "

19:07 EST Mersana Therapeutics director buys $5.0M in common stock - In a regulatory filing, Mersana Therapeutics disclosed that its director Andrew Hack bought 1.1M shares of common stock on February 7th in a total transaction size of $5.0M.

18:16 EST Liberty Oilfield Services expects Q1 high single digit sequential revenue growth - The company said, "The transformative work our team accomplished in 2021 positions us well as our industry begins an upcycle driven by rapidly tightening markets for oil & gas. Seven years of subdued global investment in upstream oil and gas production is now colliding with record global demand for natural gas and natural gas liquids today, and likely record global demand for oil later this year. Oil and gas are central to the global economy which is well along the way of recovering from the global pandemic. The severe energy crisis that has wracked Europe over the last several months demonstrates the danger of underinvestment in our industry. E&P operators are responding to oil and gas price signals. The public operators are maintaining discipline and will show only modest production growth this year, while the private operators are reacting more robustly to strong commodity prices. Within the frac market, two years of supply attrition and cannibalization plus constraints from labor shortages, and a secular shift towards next generation frac fleet technologies has led to tightness in the frac space. Liberty has focused on finding the right long-term partnerships for the coming years and has been very disciplined in holding our active frac fleet count steady until returns are strong." "In the Q1, we expect high single digit sequential revenue growth and strong improvement in our margins as integration costs start to fade away. We are benefiting from increased pricing in 2022, driven by a pass-through of inflationary costs and higher net service pricing. We expect continued modest rises in frac pricing in subsequent quarters. We also expect margin growth as our new strategic efforts begin to pay dividends in lowering our cost of operations and increasing efficiency," commented CEO, Chris Wright. "We are excited for the opportunity ahead and are investing to build truly differential competitive advantages in frac fleet technology, digital systems, and logistics optimization bolstered by the PropX acquisition. We expect that our investments today will lead to strong returns in the coming years," continued Wright.

17:29 EST Mandiant sees FY22 ARR growth 30% - Sees FY22 gross margin 61.5%-62.5%. Expects to deliver non-GAAP profitability in 2023.

17:18 EST Mandiant says achieved record billings, revenue in Q4 - Expects to have "exceptional leverage" going forward. Says continues to have great success attracting talent. Says has several qualified candidates for CFO position. Says had significant increase in contract length and higher mix of renewals. Comments taken from Q4 earnings conference call.

17:15 EST Boeing awarded $94.9M Navy contract - Boeing was awarded a $94.9M cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract. This contract provides engineering services and supplies, to include capability defect package fixes and acoustic software improvement efforts in support of the continued development and sustainment of the P-8A Acoustic Operational Flight Program. Work is expected to be completed in January 2027. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was not competitively procured pursuant to 10 U.S. Code 2304. The Naval Air System Command is the contracting activity.

17:09 EST Silvercorp Metals sees FY23 production 1,040,000-1,140,000 tonnes of ores - In FY23 expects to mine and process approximately 1,040,000-1,140,000 tonnes of ores, yielding 6,300 to 7,900 ounces of gold, 7.0M-7.3M ounces of silver, 68.4M-71.3M pounds of lead, and 32.0M-34.5M pounds of zinc. The guidance represents a production increase of approximately 9% in ores, 100% in gold, 11% in silver, 3% in lead, and 12% to 21% in zinc compared to the FY22 guidance. The increased production guidance is made possible by over 629,000 metres of exploration and resource upgrade drilling completed at the mines from 2020 to 2021. During 2021 alone, over 409,000 metres of drilling were completed.

17:04 EST Guess refutes Legion claims against Paul Marciano - Guess issued a statement in response to a letter released by Legion Partners. "In its letter, Legion Partners commends the Company on its positive strategic moves and improvement in a number of important areas. We remain committed to acting in the best interests of all shareholders, and our Board and management will continue to engage with Legion Partners and evaluate all opportunities to create value for all shareholders. Since 2019, under the leadership of Chief Executive Officer Carlos Alberini, Co-Founder and Chief Creative Officer Paul Marciano and the Guess? senior management team, we have been executing on a clear strategic plan to elevate the Guess? and Marciano brands, redefine the Company's global e-commerce strategy, optimize store footprint, enhance supply chain and drive efficiencies across the business. As part of our focus on brand elevation and customer-centric initiatives, we have taken steps to launch our first global product line, elevate the quality and sustainability of our product, upgrade our marketing and visual merchandising, optimize full-price selling and remodel our store fleet. While our business transformation remains ongoing, the Company is today supported by a strong balance sheet and solid cash flow generation to propel our growth, while also returning cash to shareholders. Our strategy is working, our team is executing and our Company is on the right path forward. From 2019 through the third quarter of fiscal year 2022, the Company repurchased $327 million, or approximately 25%, of Guess? outstanding shares. In 2021 alone, we announced a significant expansion of the Company's share repurchase program to $200 million and a 100% increase to the quarterly dividend. Furthermore, we delivered strong third quarter 2022 results and, as demonstrated by our full-year guidance, we expect to report the Company's best full-year results of the last decade. Specifically, we anticipate reaching an operating margin of 11%, which is double the level of our pre-pandemic performance. This reflects our team's successful management of the business under the substantial and evolving challenges presented by today's operating environment, particularly for a company that serves diverse global markets. As we look ahead, we are confident that our highly-engaged Board and leadership team will continue to deliver on our strategic priorities and to build on Guess?'s strong momentum." The company noted that Legion Partners has resurfaced information related to one of its co-founders, Paul Marciano, the details of which come from public information, including the company's own disclosure on these matters. As previously disclosed in 2018, the Guess? Board established a Special Committee to investigate, with the assistance of independent outside legal counsel, allegations of improper conduct by Mr. Marciano. The Special Committee, composed of independent directors, conducted a comprehensive investigation, the findings of which were made public in June 2018. Regarding subsequent allegations against Mr. Marciano, the company has strongly refuted these claims and is contesting them vigorously.

16:44 EST Peapack-Gladstone appoints Heidi Smith as general counsel - Peapack-Gladstone announced the appointment of Heidi Smith as senior VP, general counsel and corporate secretary at Peapack-Gladstone Bank. Working out of the bank's Headquarters in Bedminster, New Jersey, Smith is responsible for overseeing all legal affairs of the company in addition to providing advice to the bank's executive team on all matters of law and policy. Smith previously served as assistant general counsel at the bank, focusing primarily on providing legal support to Peapack Capital, the Bank's equipment finance subsidiary.

16:39 EST New Relic down 19% at $88.25 after Q3 earnings miss

16:38 EST Lyft falls about 4% to $39.69 after Q4 results

16:35 EST Healthpeak announces full lease-up of Nexus on Grand project - Healthpeak Properties announced the execution of long-term leases with Graphite Bio, Inc. and another leading biotech company at its life science development, Nexus on Grand, bringing the project to 100% pre-leased. Prominently located on East Grand Avenue in the heart of South San Francisco, Nexus on Grand will feature 148,000 square feet of state-of-the-art laboratory and office space and a first-class amenities center to include a cafe, fitness center, and several indoor and outdoor meeting areas within its entry plaza. Nexus on Grand is one of Healthpeak's three active development projects in the South San Francisco market. The project is currently under construction with an anticipated completion in the second quarter of 2023.

16:31 EST Yum China reports Q4 sames store sales down 11%, total system sales down 3% - In Q4: Total system sales decreased 3% year over year, with decreases of 3% at KFC and 2% at Pizza Hut, excluding F/X. Same-store sales decreased 11% year over year, with decreases of 12% at KFC and 8% at Pizza Hut, excluding F/X. Opened 563 gross new stores, or 373 net new stores. Restaurant margin was 7.5%, compared with 15.1% in the prior year period, primarily due to sales deleveraging as a result of worsened COVID-19 conditions.

16:31 EST Asur reports January traffic up 3.3% from 2019 level - ASUR announced passenger traffic for January 2022 reached a total of 4.8 million passengers, 3.3% above the levels reported in January 2019, "reflecting a continued overall recovery in travel demand and the rollout of vaccination campaigns in the US and gradual advances in Mexico, despite restrictions and requirements in certain countries of the world to contain the spread of the virus, as well as the impact of the new Omicron variant mainly in Mexico and Puerto Rico."

16:26 EST XPO Logistics sees double-digit volume growth in North American truck brokerage - "Our North American truck brokerage business is continuing to far outpace industry growth, propelled by our XPO Connect digital brokerage platform. This technology was a major tailwind behind the 29% load growth we achieved in 2021 year-over-year, including 35% load growth from our top 20 customers. In the fourth quarter, 70% of our brokerage orders were created or covered digitally. We expect to continue to deliver double-digit volume growth in North American truck brokerage in 2022 and going forward."

16:25 EST Primerica raises quarterly dividend 17% to 55c per share - Primerica announced that the Board of Directors has approved a 17% increase in stockholder dividends to 55c per share. The dividend is payable on March 14, 2022, to stockholders of record on February 22, 2022.

16:21 EST New Relic reports Q3 active customer accounts 14.6K vs. 14.3K q/q - Reports Q3 Active Customer Accounts above $100,000: 1,064 vs, 1,011 q/q and Net Revenue Retention rate 116% vs. 112% q/q.

16:20 EST Cohen & Steers reports preliminary AUM $102.1B as of January 31 - A decrease of $4.6B from assets under management at December 31, 2021.

16:17 EST Navigator Holdings provides preliminary unaudited results for Q4 and 2021 - Navigator Holdings provided a trading update ahead of its preliminary unaudited results for the fourth quarter and year ended 2021, which the Company expects to publish in March. Oeyvind Lindeman, Navigator's Chief Commercial Officer commented: "2021 was a landmark year for Navigator. Not only did we complete the most significant M&A transaction in this Company's history, strengthening the foundations of our business and adding new opportunities to generate value, but we also began to see the value of our investments to date, particularly starting in Q3 2021, where we saw increased revenue and net income compared to prior quarters. "With these foundations, we continued our strong operational performance in Q4 2021, during which our fleet utilization remained at a high 91.4%, and we achieved throughput volumes at our Houston Ethylene Export Terminal joint venture of 234,000 tons. "As we look ahead to 2022, Navigator finds itself in a robust position from which it can grow. We look forward to driving further operationally strong performance and finding new ways to drive shareholder value." Q4 2021 Operational Highlights: Based on the Company's preliminary estimates, the following are specific Q4 2021 operational highlights: Strong operational performance across the business in Q4 2021, increasing the results achieved in prior quarters. Fleet utilization of 91.4% during the three months ended December 31, 2021, compared to fleet utilization of 84.0% for the three months ended September 30, 2021. Houston Ethylene Export Terminal throughput volumes of 234,000 tons for the three months ended December 31, 2021, compared to 128,000 tons for three months ended September 30.

16:14 EST Chipotle raises long-term restaurant goal for North America to 7,000 from 6,000 - The company said, "Based on the success of small-town locations that are delivering unit economics at or better than traditional Chipotle locations, we provide the following update to our long-term development opportunity: Over time, we believe there can be at least 7,000 Chipotle restaurants in North America, up from the prior goal of 6,000 restaurants. Given the healthy and improving cash on cash returns, we are building a real estate pipeline that will allow us to accelerate unit growth to be in the range of 8% to 10% per year, with greater than 80% of new restaurants having a Chipotlane."

16:12 EST Argo Group Q4 'negatively affected by adverse prior year reserve development' - The company states: "Argo expects net adverse prior year reserve development to be in the range of $130M to $140M for the 2021 fourth quarter. Prior year adverse development was the result of the recently concluded fourth quarter 2021 reserve review. The largest reserve increases were related to construction defect claims within Argo's U.S. Operations, in addition to reserve increases in the Run-off segment. The prior year reserve increase for construction defect primarily related to the 2017 and prior underwriting years in business lines that have either been significantly remediated or discontinued. Additionally, several non-operating charges are anticipated to be reflected in Argo's fourth quarter 2021 results. As part of an ongoing strategic review and recent operating results, an impairment of goodwill and intangible assets is expected to be in the range of $40M to $45M related to Argo's Syndicate 1200 business unit, and Non-operating expense charges expected to be in the range of $20M to $25M primarily related to the reduction in Argo's real estate footprint in the UK and the impairment of certain information technology assets."

16:08 EST Lyft reports Q4 Active Riders up 49.2% y/y at 18.7M - Reports Q4 Revenue per Active Rider up 14.1% at $51.79.

16:07 EST Doximity to acquire Amion, terms not disclosed - Doximity announced that it has acquired Amion, an on-call physician scheduling site. Amion manages nearly 200,000 physician schedules at thousands of hospitals, including 18 of the top 20. The transaction is expected to close April 1.

16:03 EST Mandiant, SentinelOne create strategic cybersecurity alliance - Mandiant (MNDT) and SentinelOne (S) announced a new strategic alliance to help organizations reduce the risk of data breaches and strengthen their ability to mitigate cyber threats. The alliance enables Mandiant's renowned incident responders' use of SentinelOne's Singularity XDR platform to investigate and remediate breaches. "Evolving threats and IT environments have resulted in a perfect storm for security practitioners, making it more difficult than ever to keep environments secure. In partnering with cyber security leaders such as SentinelOne, we are better empowering organizations to protect their environments and mitigate future risk through unparalleled threat detection and response capabilities," said Marshall Heilman, EVP and Global CTO at Mandiant. "Mandiant Advantage was purposely designed to support strategic partnerships such as this, and we look forward to extending this capability as we continue to make every organization more secure from cyber threats." Through the strategic alliance, Mandiant will provide consulting engagements that span the Mandiant Advantage and Singularity XDR platforms. In addition, the Mandiant Managed Defense practice plans to introduce managed detection and response for SentinelOne customers in the second half of 2022.

15:40 EST Hyatt announces plans for Magma Resort Santorini - Hyatt Hotels announced that a Hyatt affiliate has entered into a franchise agreement with Thera Island Suites S.A., owners of Magma Resort Santorini, and Athens-based SWOT Hospitality will operate the hotel. Expected to open in 2022 in time for the summer season, the hotel will join The Unbound Collection by Hyatt portfolio as the first Hyatt-affiliated resort in the Greek islands, featuring 59 guestrooms, including 24 suites. The signing underscores Hyatt's strategy to grow its brand footprint in the leisure and independent collection segments across key European leisure destinations. "We are thrilled to work with SWOT Hospitality and are excited to announce The Unbound Collection by Hyatt brand's upcoming entry into the Greek Islands with Magma Resort Santorini," said Peter Norman, senior vice president of development for EAME & SWA, Hyatt. "The expansion of our luxury and independent collection brands in popular leisure destinations in Europe plays a central role in our growth strategy as we aim to satisfy the increasing leisure demand from travelers looking for story-worthy experiences."

14:49 EST Mandiant trading resumes

14:13 EST Skyline Champion disloses $200.3M FEMA order for manufactured housing - Skyline Champion disclosed that on February 7, Champion Home Builders, its wholly owned subsidiary, entered into a Delivery Disaster Relief Order pursuant to a December 30, 2020, contract for the production, shipment, and delivery of NextGen Manufactured Housing Units with FEMA-Community Survivor Assistance Federal Emergency Management Agency. FEMA invoked the Defense Protection Act in awarding the contract. The contract calls for a base year and four option years. Skyline previously performed under FEMA's first article order during the base year in December 2021. The first article order was the first order under the contract and deemed immaterial. The order was received during option year one and has been deemed material by the company. The order totals $200.3M and will be completed by September. There are three option years remaining under the contract, collectively ending December 29, 2025.

13:45 EST Meta says 'absolutely not threatening to leave Europe' - Markus Reinisch, Vice President, Public Policy Europe at Meta, stated in a blog post: "There has been reporting in the press that we are "threatening" to leave Europe because of the uncertainty over EU-US data transfers mechanisms. This is not true. Like all publicly-traded companies, we are legally required to disclose material risks to our investors. Last week, as we have done in our previous four financial quarters, we disclosed that continuing uncertainty over EU-US data transfers mechanisms poses a threat to our ability to serve European consumers and operate our business in Europe. We have absolutely no desire to withdraw from Europe; of course we don't. But the simple reality is that Meta, like many other businesses, organisations and services, relies on data transfers between the EU and the US in order to operate our global services. We're not alone. At least 70 other companies across a wide range of industries, including ten European businesses, have also raised the risks around data transfers in their earnings filings... Businesses need clear, global rules to protect transatlantic data flows over the long term and, like other companies across a wide range of industries, we are closely monitoring the potential impact to the millions of people and businesses who use our services as these developments progress. Like other international and European businesses, brands and trade organisations, we hope to see continued progress in negotiations for a Privacy Shield replacement to protect transatlantic data transfers, ensure robust privacy protections and keep global communities, economies, businesses and families connected." Reference Link

13:00 EST Ford says now shipping E-Transit, working to boost production - Ford E-Transit, the first of two all-electric vehicles "purpose-built" for Ford Pro commercial customers, is now shipping across the U.S., Ford Motor announced. "The popular E-Transit already has more than 10,000 orders from businesses of all sizes and Ford is working on ways to increase production. The all-new E-Transit is produced at Kansas City Assembly Plant - Ford's first U.S. plant to assemble both batteries and all-electric vehicles in-house," the company stated in a press release. "E-Transit is part of Ford's more than $30 billion investment in electrification through 2025. It is Ford's most recent electric vehicle, following Mustang Mach-E. F-150 Lightning and F-150 Lightning Pro deliveries begin this spring. By the end of next year, Ford will have the global capacity to produce 600,000 battery electric vehicles annually, which includes 200,000-plus Mustang Mach-E SUVs and 150,000 F-150 Lightning trucks. Ford is now working on ways to increase E-Transit production. Demand is strong, with more than 300 customers placing orders for 10,000-plus E-Transit vans," Ford added. Reference Link

12:44 EST T. Rowe Price raises quarterly dividend 11.1% to $1.20 per share - T. Rowe Price announced that its Board of Directors has declared a quarterly dividend of $1.20 per share payable March 30, 2022, to stockholders of record as of the close of business on March 15, 2022. The quarterly dividend rate represents an 11.1% increase over the previous quarterly dividend rate of $1.08 per share. This will mark the 36th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.

12:07 EST Sherwin-Williams to expand manufacturing capabilities in Statesville, NC - The Sherwin-Williams Company announced that it signed an agreement today with the state of North Carolina, Iredell County and the city of Statesville to significantly expand its architectural paint and coatings manufacturing capacity and establish a larger distribution facility in Statesville, North Carolina. Sherwin-Williams plans to invest a minimum of $300M in the project and add more than 180 full-time jobs at the site over the next three years, which would essentially double the existing workforce. The project will include a 36,000-square-foot extension of its existing 200,000-square-foot manufacturing facility, the addition of four new rail spurs, as well as the construction of a new 800,000-square-foot distribution and fleet transportation center, which has another 200,000 square feet available for future expansion, the company said in a statement, adding that the facility upgrades will add millions of gallons of annual manufacturing capacity and sizable pallet storage capacity to support the company in meeting increasing demand for its architectural paint and coatings products.

12:02 EST Oversight Board urges Meta to update privacy standard to crack down on 'doxing' - The Meta Oversight Board published its first policy advisory opinion. In its policy advisory opinion, the Board recommends that Meta remove the exception to the Privacy Violations Community Standard that allows the sharing of private residential information when it is considered "publicly available." This would help Meta better protect people's private residential information. Last year, Meta requested a policy advisory opinion from the Board on the sharing of private residential addresses and images, and the contexts in which this information may be published on Facebook and Instagram. Meta considers this to be a difficult question as while access to such information can be relevant to journalism and civic activism, "exposing this information without consent can create a risk to residents' safety and infringe on an individual's privacy." Meta's request noted several potential harms linked to releasing personal information, including residential addresses and images. These include "doxing," where information which can identify someone is revealed online. Meta noted that doxing can have negative real-world consequences, such as harassment or stalking. Reference Link

12:01 EST Graham falls -29.1% - Graham is down -29.1%, or -$3.43 to $8.34.

12:00 EST Rockley Photonics rises 15.1% - Rockley Photonics is up 15.1%, or 53c to $4.05.

12:00 EST Teradata rises 23.9% - Teradata is up 23.9%, or $9.64 to $49.92.

11:37 EST Sirius XM appoints Faye Tylee as CHRO - Sirius XM Holdings announced that Faye Tylee is joining the company as Chief Human Resources Officer, effective March 1, 2022. Tylee succeeds Dara Altman, SiriusXM's Chief Administrative Officer, who will be retiring after serving in senior management positions with the company since 2006. Altman will work with Tylee until the end of May 2022 to ensure a seamless transition. Tylee will report directly to SiriusXM CEO Jennifer Witz, and will lead the teams that support SiriusXM's Human Resources, including Talent Acquisition, Culture and Employee Experience, Total Rewards, HR Business Partners and Employee Relations, Learning and Development, HR People Services and Analytics, as well as the company's Diversity, Equity and Inclusion efforts, and social impact programs/ She comes to SiriusXM from Avaya Holdings Corp., where she was Chief Human Resources Officer for a global leader in digital communications software, services and devices.

10:47 EST Amazon Care virtual health services now available nationwide - The company said, "In-person care services are expanding to more than 20 new cities in 2022, bringing even more care options to Amazon Care's growing customer base. Amazon Care launched in September 2019 to bring the most patient-centric health care to customers when and where they need it. Amazon Care combines the best of virtual care and in-person services, and as more and more organizations look for convenient, comprehensive, high-quality health care solutions, we're seeing growing demand and excitement for Amazon Care's unique hybrid care offering. Amazon Care's virtual health services are now available nationwide-and in-person services will be rolled out in more than 20 new cities this year. The expansion comes as we continue to invest in growing our clinical care team and our in-person care services to bring convenient, quality care to more customers across the U.S...Working in lockstep with our customers to address their growing needs, Amazon Care is on track to rapidly expand in-person care locations throughout 2022. The service is already available in Seattle, Baltimore, Boston, Dallas, Austin, Los Angeles, Washington, D.C., and Arlington. In 2022, we plan to bring in-person care services to more than 20 additional cities-including major metropolitan areas like San Francisco, Miami, Chicago, and New York City-so customers can access care where and when they need it most." Reference Link

10:26 EST Amgen targeting carbon neutrality by 2027

10:23 EST Sysco seeing 'green shoots of progress' in February from volume perspective

10:20 EST Tritium Dcfc Ltd trading resumes

10:08 EST Sysco sees topline impact from omicron continuing in Q3

10:05 EST Sysco: Covid negatively impacting supply chains around the world

10:02 EST First Community Bank implements Alkami Credit Card Origination System - Alkami Technology announced that First Community Bank will implement Alkami's Credit Card Origination System. The new system will help simplify, shorten and improve the bank's online credit card application process for its customers.

10:01 EST Sysco sees snap-back investments improving in 2H22

10:01 EST Sysco sees exceeding prior view of growth of 1.2x industry in FY22 - Comments taken from Q2 earnings conference call.

10:00 EST Graham falls -25.7% - Graham is down -25.7%, or -$3.02 to $8.75.

10:00 EST Consol Energy rises 12.8% - Consol Energy is up 12.8%, or $3.08 to $27.23.

09:48 EST Tritium announces location of new US manufacturing facility in Tennessee - Earlier today, Tritium DCFC announced plans to expand its footprint in America with a new manufacturing facility in Lebanon, Tennessee. The location is expected to house up to six production lines for Tritium's DC fast chargers, including the Company's award-winning RTM and all-new PKM150 models. All chargers produced at the facility are expected to comply with applicable Buy America Act provisions under Federal Highway Administration, FHWA, requirements for domestic sourcing. The Infrastructure Investment and Jobs Act is expected to provide $7.5B of investment for deploying a network of 500,000 EV chargers along highway corridors in the United States. This network is intended to facilitate long-distance travel, as well as shorter distance travel within communities.

09:47 EST Edgewell Personal Care falls -9.0% - Edgewell Personal Care is down -9.0%, or -$3.86 to $38.99.

09:47 EST Haemonetics rises 11.2% - Haemonetics is up 11.2%, or $5.27 to $52.24.

09:47 EST Teradata rises 13.0% - Teradata is up 13.0%, or $5.22 to $45.50.

09:40 EST Truist Insurance to acquire Kensingon Vanguard National Land Services - Truist Insurance Holdings announced that it has signed a definitive agreement to acquire Kensington Vanguard National Land Services, one of the country's largest independent full-service national title insurance agencies. The transaction significantly expands Truist Insurance Holdings' presence in the title insurance market. Truist's existing title operation, BridgeTrust Title, will be integrated into the Kensington Vanguard platform. The transaction is expected to close later in the first quarter. The terms of the sale were not disclosed.

09:38 EST Amgen sees 2022-2030 revenue growth CAGR in the mid-single digits - Amgen earlier forecast high single to low double digit CAGR for adjusted EPS and non-GAAP operating margin as a percentage of product sales of approximately 50% for the 2022-2030 period.

09:33 EST Nuvectis Pharma Inc trading halted, volatility trading pause

09:32 EST Verso files proxy statement in connection with BillerudKorsnas merger agreement - Verso Corporation announced the filing of a definitive proxy statement for a special meeting of stockholders, at which Verso stockholders will consider and vote upon various items related to the proposed and previously announced transaction with BillerudKorsnas AB. If approved, all Verso stockholders will receive $27.00 per share in cash upon closing of the transaction, representing immediate and certain value at a significant premium. The consideration corresponds to a premium of approximately 57% compared to the unaffected closing price of Verso's shares on July 9, 2021, the day prior to the submission of an unsolicited, non-binding proposal to acquire Verso for $20.00 per share in cash, and a 35% premium over that unsolicited proposal. Verso said: "As outlined in the definitive proxy and previously announced, this agreement follows careful consideration and multiple rounds of negotiation led by the Special Committee of our Board which was formed following receipt of the unsolicited proposal. The Board and the Special Committee determined that the BillerudKorsnas offer was clearly superior to any alternative transaction or the risk-adjusted value that could reasonably be achieved through continued execution of Verso's standalone plan and is confident that the proposed transaction is in the best interests of all Verso stockholders."

09:30 EST Matterport introduces Axis hands-free motor mount - Matterport announced Matterport Axis, a revolutionary motorized mount that works with a smartphone to capture 3D digital twins of any physical space with increased speed, precision, and consistency. This convenient, hands-free solution produces reliable high-fidelity results with just a click of a button. From homes to offices, hotels, rentals, retail locations, even a factory floor, Matterport Axis is the most affordable way to supercharge 3D capture using just the phone in your pocket. With Axis, the company aims to accelerate the digital transformation of the built world by making it effortless for anyone with a smartphone to digitize any kind of space with a new level of precision and ease of use. Starting today, Matterport Axis is available with special pre-launch pricing of just $59, by securing a place on the Axis waitlist at Matterport.com. The official launch date is April 1 when general availability pricing will start at $79. All waitlist sign-ups received by March 31 will qualify for pre-launch pricing, subject to terms and conditions. Matterport has also enlisted its premier e-commerce partners, Adorama and B&H, to bring Matterport Axis to market. The special pre-launch pricing will also be available at both of these websites starting today.

09:24 EST Tyler Technologies acquires outdoor technology solutions firm US eDirect - Tyler Technologies announced it has acquired US eDirect, Through this acquisition, Tyler will add US eDirect's Recreation Dynamics product to its digital government and payment services. Recreation Dynamics is a large-scale, enterprise-grade cloud transaction management system focused on the government recreation and tourism industry. Powered by Amazon Web Services , the solution manages transactions related to campground accommodations, tours and events, passes and memberships, recreation rentals, outdoor licenses, and parking and entry. "The acquisition of US eDirect augments our current outdoor solution portfolio, allowing us to offer an extensive 'all in one' outdoor recreation solution that will seamlessly integrate with our NIC payments platform," said Elizabeth Proudfit, president of Tyler's NIC Division. "We look forward to welcoming the US eDirect team into the NIC and Tyler family and building on our 20 years of experience in outdoor recreation with a new comprehensive and scalable solution for our public sector clients." In addition to integrating Recreation Dynamics with Tyler's NIC payments platform, Tyler plans to integrate its Data & Insights platform into the solution. This will bring advanced analytics to the solution, allowing clients to easily digest information and better understand customers' transactions.

09:24 EST MyMD Pharmaceuticals announces MYMD-1 trial data - MyMD Pharmaceuticals announced Phase 1 clinical trial data demonstrating MYMD-1's reduction of tumor necrosis factor-alpha, or TNF-a, the molecules that are the root cause of aging, in the blood of healthy human subjects. In the Phase 1 study, subjects were treated with MYMD-1 or placebo and TNF-a levels were measured pre and post treatment. There was a statistically significant decrease in TNF-alpha levels found in MYMD-1 treated subjects, but no change in the levels in subjects given placebo. While consistent with all of the preclinical studies of MYMD-1, this is the first demonstration in humans of the ability of MYMD-1 to decrease TNF-a levels. MYMD-1's Phase 1 aging data is consistent with outcomes from pre-clinical models pointing to the drug's potential role in reducing both frailty and inflammatory cytokines.

09:19 EST 180 Degree Capital provides update on legacy private portfolio monetization - "Five years ago, we started an effort to remake 180 through the transition from venture capital investments to public company investments," said Kevin M. Rendino, Chief Executive Officer of 180. "Judging from the current asset mix on our balance sheet, our business today has almost no resemblance to the one we inherited and is predominantly cash and public equities. Over the last nine months we have become increasingly optimistic about our ability to monetize our private portfolio, and are pleased with today's announcement by D-Wave and XPOA. This announcement comes shortly after our press release on January 27, 2022, that provided an update on our potential to receive milestone payments from the acquisition of Petra Pharma Corporation by Eli Lilly and Company. If the merger of D-Wave with XPOA is completed, it would be a very significant milestone for 180 and would materially advance our strategy to have 100% of our portfolio in cash and public and public-related equities. Between D-Wave/XPOA, the potential for the $6.8 million milestone payment from the acquisition of Petra, as well as other developments in our legacy private portfolio, we are currently optimistic that we have the potential to see material monetization events from these holdings in 2022."

09:16 EST EzFill announces new fleet, employment agreement with Florida high school - EzFill announced the signing of a new fleet and employee agreement with Monsignor Edward Pace High School in Miami Gardens, Florida. This agreement adds educational facilities to the growing list of fleet types partnering with EzFill. Furthermore, EzFill will offer gas fueling for teachers and administrators while they are working at the school. "The transportation of students has become increasingly stressful and complicated for school administrators and workers amid the ongoing pandemic. Relying on EzFill to fuel their vehicles will result in one less thing for them to worry about. In a world where we have to be extremely careful about what we touch, we pride ourselves on providing a service that can help drivers as well as consumers add hands-free fueling to their routines," said Mike McConnell, CEO of EzFill. "We plan to partner with additional educational institutions in the near future, allowing their drivers and staff to operate more efficiently by eliminating the downtime associated with refueling."

09:11 EST Flywire partners with Ascensus to digitize 529 college savings plan payments - Flywire and Ascensus announced a partnership to digitize and streamline tuition payments from 529 college savings plans to higher education institutions throughout the United States. Through the partnership, families saving in a 529 plan on the Ascensus platform can leverage Flywire to disburse funds to pay tuition-related expenses directly to the school from their 529 account. This Ascensus-Flywire solution takes aim at the complexity of 529 payments to schools via checks, which can be difficult for institutions to process and reconcile.The partnership between Flywire and Ascensus eliminates these legacy inefficiencies and provides a completely digital path to payment and reconciliation for 529 plan withdrawals. "As 529 plans continue to rise in popularity, our clients have been asking us for a solution that would take away so many of the current pain points related to the disbursement of payments," said Sharon Butler, EVP of Education, Flywire. "We couldn't ask for a better partner than Ascensus, who manages 529 programs for 25 states and the District of Columbia, and we're thrilled to partner with them to roll out an innovative solution that will help both families and institutions."

09:10 EST EnWave announces U.S. patent for cannabis drying process - EnWave Corporation announced that the U.S. Patent and Trademark Office has granted the Company a new method and apparatus patent for the drying and decontamination of cannabis using its Radiant Energy Vacuum advanced dehydration technology. This new patent further strengthens EnWave's intellectual property protection of its method of reducing bioburden in cannabis while concurrently achieving fast, uniform drying. EnWave's newly patented process uses proven parameters, including power density and vacuum conditions that vary throughout the process, to optimize terpene and cannabinoid retention and materially reduce bioburden. The original patent application was filed in 2017. EnWave has successfully commercialized its proprietary drying technology with large cannabis operators in the United States and Canada, with three large-scale machines being sold to multi-state and single state operators in the U.S. within the past year. EnWave collaborates closely with cannabis producers to optimize drying protocols and programs to maximize the quality of finished dried products and optimize the return on investment achieved using REV technology. In contrast to the traditional drying methods, EnWave's proprietary REV process allows for the drying of cannabis in the absence of oxygen, at low and controlled temperatures, resulting in a fresh-to-dry processing time of less than 2 hours. Since REV rapidly dries cannabis in a controlled environment the plants can be dried before bioburden and microbes can propagate. REV technology offers an improved method for reducing the bioburden of cannabis and avoids the drawbacks of traditional decontamination methods. EnWave's proprietary processing methods allow cannabis cultivators to rapidly process high volumes of plant material and eliminate unnecessary costs and time associated with traditional drying methods. EnWave's vacuum-microwave dehydration technology is protected by a portfolio of 18 various apparatus and process patents.

09:08 EST Humana expands access to new cancer treatment options - Humana Specialty Pharmacy has announced two significant additions to its comprehensive, personalized and targeted oncology therapies. Patients can now receive the following drugs, delivered to their front doors in a fast and meaningful way, while Humana Specialty Pharmacy supports them along their journey: TAGRISSO, osimertinib, a drug that helps certain patients with epidermal growth factor receptor-mutated EGFRm non-small cell lung cancer NSCLC manage their disease. LENVIMA, lenvatinib, a drug that helps patients with different forms of cancer, including certain types of thyroid, liver and kidney cancers. Patients who receive TAGRISSO and LENVIMA from Humana Specialty Pharmacy also benefit from its Oncology Center of Excellence where Humana Specialty Pharmacy patient advocates and specialty pharmacists are available to provide invaluable treatment guidance, including help with managing daily symptoms, assistance on how and when to take medications, and any other questions they may have with respect to staying on their therapy.

09:06 EST Vita Coco announces pilot launch of The Hangover Shop - Vita Coco is here to tackle your Monday morning hangover the day after the Big Game with the pilot launch of The Hangover Shop on all major delivery platforms in New York City, Los Angeles and Miami. On February 14, Vita Coco is teaming up with REEF Kitchens to launch The Hangover Shop, your one-stop-shop for everything you need to remedy your hangover and get back on track. Consumers can shop for their go-to hangover recovery items, including Advil, DiGiorno frozen pizza, Vita Coco and more, from the comfort of their couch and expect deliveries to their doorstep within minutes. To order from The Hangover Shop, residents within the set delivery radius in New York City, Los Angeles and Miami can open any major delivery app, including DoorDash, Postmates, UberEats and GrubHub, on iOS or Android, and search The Hangover Shop, or visit thehangover.shop. For a limited time, customers will receive $5 off their purchase of $25 or more. Vita Coco's first-of-its-kind The Hangover Subscription is also available nationwide, giving consumers the ability to enroll in automatic deliveries of coconut water ten days prior to the Big Game and all major holidays. The customized plan gives you a choice of coconut water and provides you with a free gift based on your hangover mood with your first shipment.

09:06 EST Deep Down receives $1.7M equipment, services order - Deep Down announced the receipt of an order for installation equipment and services valued at more than $1.7M. All activities are currently scheduled to be complete by the end of 2022. The project includes the installation of Deep Down built equipment whose final destination is the Gulf of Mexico. "This award highlights the continued confidence our customers place in our team's ability to provide integrated solutions that span the design, engineering, manufacturing and installation of subsea production equipment," said Charles Njuguna, president and CEO of Deep Down, Inc. "With the easing of travel restrictions across the globe, we maintain the ability to deploy our highly experienced teams anywhere in the world in support of our customers' projects," he added.

09:05 EST Taboola signs AP to three-year deal to power recommendations, reader insights - Taboola announced a new deal with The Associated Press, AP, an independent global news organization dedicated. This new agreement marks seven years that Taboola and AP have worked together. "The AP is one of the world's fastest and most accurate news sources," said Adam Singolda, CEO at Taboola. "Their journalism approach has high standards and we are grateful to mutually grow together over the past seven years. We are also grateful for their trust in our ability to keep audiences engaged and in our data to power nearly every aspect of their high caliber journalism-from ideation to validation."

09:04 EST NeuroOne completes testing on its platform thin film electrode technology - NeuroOne Medical Technologies announced that it successfully completed initial pre-clinical long-term testing of recording capabilities on its platform thin film electrode technology. In test procedures, the electrodes' ability to record electrical activity over a span of 5 years was measured using an accelerated aging test model. The test results demonstrated NeuroOne's thin film electrodes' reliability against environmental factors that may contribute to device failure or malfunction, which is a well-established challenge with thin film electrode technology. The Company also expects to release long-term data in the near future on electrodes that would provide therapeutic stimulation for the same applications mentioned earlier.

09:03 EST NextNav partners with CRG to strengthen mapping for emergency response - NextNav announced that it has partnered with Critical Response Group, CRG, a provider of best-in-class indoor and tactical mapping solutions for public safety. By leveraging NextNav Pinnacle, CRG will strengthen its mapping capabilities. "The integration of the NextNav Pinnacle will strengthen existing and new building surveys with critical vertical location data, and help ensure that each building has the proper preparations and protocols in place to aid emergency response," the company said. "Working with CRG, we're strengthening preparedness and situational awareness at every step of the emergency response cycle," said Dan Hight, Vice President of Business Development and Partnerships at NextNav. "This partnership continues our efforts to leverage the use of NextNav Pinnacle in 3D and indoor mapping and builds on our deep legacy in helping service the public safety community. It also continues the growing adoption of vertical location capabilities by the enterprise to support use-cases in building management, lone-worker tracking, smart building initiatives, and digital twins."

09:01 EST Deere acquires majority in Kreisel Electric - Deere & Company has acquired majority ownership in Kreisel Electric, a leading pioneer in the development of immersion-cooled battery technology. The Austrian company manufactures high-density, high-durability electric battery modules and packs for high-performance and off-highway applications and has created a battery-buffered, high-powered charging infrastructure platform.

08:59 EST Peloton does not expect to rely on capital market going forward

08:57 EST Harley-Davidson sees 2022 tariff rates 'relatively stable annually' - Outlook in 2022: For tariffs, duties and logistics: Rates relatively stable annually; increased frequency of expedited shipping given supply chain backlogs; expect logistics to improve in the back half of the year. For manufacturing: Expect to stabilize in the back-half of the year, as logistics and part availability improves. For materials: Continued inflation across the supply network; expect improvement in back-half driven by raw materials. Expect semi-conductor chip availability to remain challenged, with moderate improvement in latter half of year. Comments taken from investor presentation slides for Q4.

08:52 EST Peloton sees 2H operating expense $150M lower than 1H

08:50 EST Norwegian Cruise Line sees net loss for Q4, FY21 - The company said, "While we cannot estimate the impact of the COVID-19 pandemic on our business, financial condition or near- or longer-term financial or operational results with certainty, we will report a net loss for the fourth quarter and full year ending December 31, 2021 and expect to report a net loss until we are able to resume regular voyages. As a result of Omicron variant-related impacts to operations in the first quarter of 2022, we now expect net cash provided by operating activities to be positive during the second quarter of 2022. Despite the impact of the Omicron variant on the booking environment, and based on our current projections and market and public health conditions, we expect to have positive Adjusted Net Income for the second half of 2022."

08:48 EST Norwegian Cruise says cumulative booked position for 1H22 below 2019 levels - The company said, "Net booking volumes in the beginning of the fourth quarter of 2021 continued to demonstrate week-over-week sequential growth after the slowdown in booking activity caused by the Delta variant of COVID-19. Net booking volumes in the later part of the fourth quarter 2021 were negatively impacted by the Omicron variant of COVID-19, primarily for close-in voyages in the first and second quarters of 2022. In recent weeks, net booking volumes have continued to improve sequentially. As a result of the impacts from Omicron, as of February 6, 2022, the Company's cumulative booked position for the first half of 2022 is below the extraordinarily strong levels of 2019 while the second half, when the full fleet is expected to be back in operation, is in line with the comparable 2019 period. Concurrently, pricing for the first half, second half and full year 2022 are above the record levels for the same time in 2019, even when including the dilutive impact of future cruise credits. Booking trends for 2023 demonstrate continued strong demand for sailings in the medium and longer term with booked position and pricing meaningfully higher and at record levels when compared to 2019."

08:42 EST Peloton: Engagement levels 'very healthy'

08:39 EST Amgen sees 2022 share repurchases of $6B-$7B - Plans to buy back up to $6B of its shares during the first quarter of 2022.

08:38 EST Volta expand with new deals in Switzerland, Germany, France - Volta provided an update on its activities in key European markets, highlighting new contracts for the installation of DC Fast and AC charging stations in the region, and the inaugural installation of Volta stalls at a retail location in France. Volta has signed partnership deals with the global sporting goods chain Decathlon, starting in St. Gallen, Switzerland, and the movie theatre company Cineplex Group in Germany. Volta also recently celebrated the installation of its first charging stations in France at the popular restaurant Key West near Annecy. The company will continue to work with commercial properties and retail locations to bring charging stations to additional sites in Europe in the coming months.

08:36 EST Streamline Health's Avelead announces expansion of leadership team - Avelead, a Streamline Health Company, announced the expansion of its leadership team to include Sean Sykes, Chief Technology Officer, and Michael Yzerman, Senior Vice President of Services. Prior to joining Avelead, Sean Sykes was Vice President of Technology at Hospice Source. In his previous role, Michael Yzerman acted as Executive Vice President of a national healthcare services company.

08:35 EST Inspired Entertainment launches igaming content with Gan Limited in Michigan - Inspired Entertainment (INSE) announced that its popular online gaming content has gone live in Michigan with GAN Limited (GAN), a full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries. GAN is the latest content aggregation platform to deploy Inspired's unique online gaming content, giving Inspired access to GAN's extensive operator network in multiple U.S. states.

08:33 EST Barfresh Food Group enters distribution agreement with G&J Pepsi-Cola Bottlers - Barfresh Food Group announced it has entered into a distribution arrangement with G&J Pepsi-Cola Bottlers. The arrangement is the result of a pilot program between the two companies whereby G&J Pepsi successfully tested the operational capability of its distribution network to sell and handle Barfresh product, as well as measured customer feedback to the product. Under the distribution arrangement, G&J Pepsi will purchase Barfresh's Twist & Go product and distribute it to its customers through its chilled distribution network. Riccardo Delle Coste, the Company's Chief Executive Officer, stated, "Barfresh has been able to attract top-tier distributors looking to add our excellent products to their lineup. G&J Pepsi works with over 30 of the best global beverage brands and we are excited to have successfully moved from a pilot program to a full rollout with their customers. Pepsi products are in almost every type of retail account in the United States, including schools, and we believe this arrangement will create incredible value for G&J Pepsi with the addition of Barfresh's Twist & Go product."

08:33 EST Digerati Technologies closes acquisition of NextLevel Internet - Digerati Technologies is pleased to announce the completion of the acquisition of San Diego-based NextLevel Internet, a leading provider of cloud communication and broadband solutions tailored for the SMB market. The acquisition of NextLevel expands the Company's growing nationwide footprint and adds a strong West Coast presence with nearly 1,000 SMB clients in California. On a consolidated basis and as a result of this acquisition, Digerati's operating subsidiaries will now serve over 4,000 business customers and approximately 45,000 users. With the acquisition of NextLevel and based upon annualized results for the quarter ending October 31, 2021, the Company expects its operating subsidiaries in the aggregate will generate approximately $31.5 million in annual revenue. In addition, the NextLevel acquisition is expected to have a positive impact on the consolidated EBITDA and operating income of the Company during FY2022. Digerati also announced that Derek M. Gietzen, current President of NextLevel, will remain in that role with the Company and join the Digerati Executive Management Team.

08:32 EST Rush Street's BetRivers Sportsbook is official partner of New Orleans Pelicans - Rush Street Interactive announced that its award-winning BetRivers Sportsbook is an official partner of the New Orleans Pelicans.To demonstrate RSI's support for Louisiana's NBA team, BetRivers signage appears throughout the Smoothie King Center including the front row of courtside seats. The exclusive Chairman's Club, for courtside ticket holders, has been rebranded to become the BetRivers Chairman Lounge and updated with live odds boards

08:23 EST FreightCar America expects to deliver between 2,350-2,650 railcars in 2022 - Strategic Priorities for Fiscal Year 2022: Deliver between 2,350 - 2,650 railcars, an increase of over 44% compared to fiscal 2021 at the midpoint of the range; Achieve positive Adjusted EBITDA for the full fiscal year, based on the current market outlook; Complete construction of a 162,000 square foot fabrication shop and expansion of the existing wheel and axle shop by mid-year 2022 to achieve substantial additional operational efficiencies; Complete construction of additional production lines, doubling annual capacity to between 4,000 - 5,000 railcars by early 2023. "I am very proud of our team's accomplishments and hard work to transform the company," said Jim Meyer, President and Chief Executive Officer of FreightCar America. "We finished building a strong foundation in 2021 and now have a company that is positioned for growth. 2022 will be the first year for which our operations and results will not be obscured by restructuring activities. As such, we believe that our performance this year will provide more clarity on the full potential of FreightCar America. We achieved what we intended to accomplish in 2021, are excited about the near-term, and are highly confident that we have built a company poised for growth and a strong future."

08:23 EST Pros Holdings extends collaboration with Microsoft - Pros Holdings announced a five-year strategic alliances agreement with Microsoft as an extension to its existing relationship. The go-to-market agreement accelerates mass market adoption of true end-to-end digital selling technology and strategies. Additionally, Pros will also address next-generation digital selling use cases defined by Microsoft Industry Solutions, including the latest vertical cloud, Microsoft Cloud for Manufacturing.

08:21 EST Rain Therapeutics announces key appointments to leadership team - Rain Therapeutics (RAIN) announced the appointments of several industry veterans to the leadership team, including: Nora Ku, MD, Vice President of Clinical Development; Buenaflor Nicolas, MPH, Vice President, Head of Global Drug Safety and Pharmacovigilance; Tina Kim-Hafken, MS, Vice President and Head of Global Regulatory Affairs; Steve Flint, SHRM, MBA, Vice President of People & Culture. Additionally, Rain announced that John Maraganore, Ph.D., former founding CEO of Alnylam and biotechnology industry veteran, has served as a Special Advisor to Rain's Chief Executive Officer, Avanish Vellanki, and the leadership team since March 2021. Biographical Information for Additions to Leadership Team: Dr. Ku served as Vice President of Medical at Loxo/Lilly (LLY). Nicolas was Senior Director of Operations in Global Patient Safety at Gilead (GILD), following its acquisition of Forty Seven. Kim-Hafken was Senior Director of Regulatory Affairs at Seagen (SGEN). Flint served as Vice President of Human Resources at AltruBio. Dr. Maraganore served as founding Chief Executive Officer of Alnylam Pharmaceuticals for 20 years (ALNY).

08:19 EST Heliogen awarded exclusive right to lease land in Brenda Solar Energy Zone - Heliogen announced that the United States Bureau of Land Management has awarded the company the exclusive right to lease land in the Brenda Solar Energy Zone, or SEZ. Heliogen intends to develop a green hydrogen facility on the Brenda site, capable of producing approximately 20,000 tons of hydrogen per year. The Brenda SEZ is situated on 3,343 acres of land in La Paz County, Arizona on the California border. The site has direct access to Interstate 10 for distribution of hydrogen to nearby natural gas pipelines for blending and transport, as well as to the Phoenix metropolitan area and the Port of Los Angeles for domestic and international shipping.

08:18 EST C2i Genomics, Twist team to develop whole-genome cancer reference materials - C2i Genomics, a cancer intelligence company, and Twist Bioscience Corporation announced a partnership to develop whole-genome cancer reference materials. This resource will provide diagnostic labs around the globe with the ability to better validate and monitor the quality of their whole-genome cancer screening and minimal residual disease products. In addition, C2i will integrate Twist's library preparation into their MRD workflow.

08:16 EST GelStat announces $5M public offering - GelStat Corporation announced the launch of a Regulation A+, Tier 2, equity financing of up to $5 million. A copy of the Company's offering circular for the Public Offering has been posted on the Company's OTC Markets profile under "Filings and Disclosure." Investors may also review the offering circular and other filings on the Securities and Exchange Commission's website. The Regulation A+ offering was qualified by the SEC on December 17, 2021. The Company expects to use the funding primarily for product marketing, research and development, and general corporate development.

08:15 EST Akero Therapeutics completes enrollment of Phase 2b HARMONY study - Akero Therapeutics announced that it has completed enrollment of the Phase 2b HARMONY study of efruxifermin, EFX, a novel FGF21 analog, for the treatment of non-alcoholic steatohepatitis, NASH. "We believe EFX has the potential, if approved, to become a leading treatment option for patients with NASH, including those with advanced-stage fibrosis," said Kitty Yale, chief development officer for Akero. "Our confidence in EFX's potential is based on Phase 2a data that showed substantial rates of fibrosis regression after only 16 weeks of treatment. We believe the larger Phase 2b HARMONY study, with a longer 24-week treatment period, will provide further evidence of EFX's potential to reverse fibrosis as well as address the underlying metabolic disease drivers." The Phase 2b HARMONY study is a multicenter, randomized, double-blind, placebo-controlled, clinical trial in biopsy-confirmed NASH patients with fibrosis stage 2 or 3. The primary endpoint is fibrosis regression without worsening of NASH at 24 weeks. To provide long-term safety data, patients will continue on treatment with EFX or placebo for a long-term follow-up period of up to 96 weeks. Consistent with prior guidance, results from the HARMONY study remain on track to be reported in the third quarter of this year.

08:14 EST Ovid Therapeutics, Healx enter strategic partnership - Ovid Therapeutics announced that Healx has secured from Ovid an exclusive option to license rights to develop and commercialize gaboxadol. Under the agreement, Healx plans to investigate the compound as part of a potential combination therapy for Fragile X syndrome, as well as a treatment for other indications. Gaboxadol has previously been tested as a monotherapy for Fragile X syndrome in a Phase 2a clinical study by Ovid. Healx will now seek to find an optimal treatment for the condition by combining gaboxadol with other compounds, including HLX-0201, that have been identified by the company's proprietary AI platform, Healnet. "Gaboxadol shows encouraging activity and a good safety profile in a range of conditions. We are keen to see its clinical value unlocked," said Jeremy Levin, D.Phil, MB BChir, Chairman and Chief Executive Officer of Ovid Therapeutics. "We're impressed by the capabilities that Healx has developed and are optimistic that they can unlock effective drug combinations that will take advantage of the unique mechanism that underlies the effects we see when patients take gaboxadol." Should Healx exercise its option, Ovid will receive milestone payments for specific clinical, regulatory, and commercial achievements associated with gaboxadol's development. Additionally, Healx will pay Ovid tiered royalties on net sales associated with marketed therapies containing gaboxadol. Ovid will retain the option to become Healx's co-development and co-commercialization partner and will share net profits and losses in lieu of the milestones and royalty payments. Ovid does not plan to conduct further trials with gaboxadol.

08:11 EST Splash Beverage Group signs distribution agreement with Heimark Distributing - Splash Beverage announced that it has signed a distribution agreement with Heimark Distributing to distribute TapouT through the key Southern California markets. Robert Nistico, Splash Beverage Group's Chairman and CEO, commented, "This latest distribution agreement marks our sixth distribution agreement since our November agreement with AB ONE, and is another example of how the credibility that partnership brought us is helping us with other distributors. Heimark, already a distributor of our Copa di Vino and Pulpoloco product lines, has been distributing for Anheuser- Busch, a subsidiary of AB-ONE, since 1963, and we are proud to have the TapouT product line added to Heimark's amazing portfolio of brands." Nistico added, "distribution is the most difficult thing to achieve, and the most important ... if you're not in distribution you're not for sale. Our partnership with InBev's AB-ONE is invaluable and in continues to pay dividends as we build out distribution coast to coast."

08:10 EST Kratos Defense announces Q4 sales of OpenSpace quantum, SpectralNet products - Kratos Defense & Security Solutions announced that its OpenSpace quantum and OpenSpace SpectralNet product lines counted sales to 25 customers in Q4 2021 supporting the satellite industry's continued evolution to dynamic, digital ground systems. Kratos' OpenSpace family of solutions help satellite operators move their network systems from traditional hardware to more dynamic, flexible and scalable architectures that are more responsive to service level agreements, mission goals and changing operating conditions. Kongsberg Satellite Services, the Norway-based satellite operator that has been a pioneer in the industry's movement to virtualized ground systems and an OpenSpace products user, added new units in Q4 to support continued customer growth. KSAT recently passed a major business milestone having supported more than 50,000 satellite passes in a single month with its virtual ground system employing both OpenSpace quantum and SpectralNet products.

08:08 EST Whiting Petroleum increases accretive stake in Stanish region, declares dividend - Whiting Petroleum announced that it has entered into two separate definitive agreements to acquire non-operated oil and gas assets in the Williston Basin of North Dakota. The Company also announced its 2022 capital, operating costs and production guidance, reflecting an operating plan focused on delivering sustainable free cash flow. The board of directors declared a quarterly cash dividend of 25c per share of common stock to shareholders of record as of February 21.The assets are being acquired from two private companies for total cash consideration of $273M, before typical closing adjustments. The assets are located in Mountrail County, North Dakota and increase the average operated working interest from 61% to 74% throughout Whiting's Sanish field, impacting many of the drilling units included in the Company's current 2022 development program. The assets include 14,563 net acres, 4 gross / 0.2 net drilled and uncompleted well interests, and 277 gross / 32 net undrilled locations. The Company expects to develop the undeveloped locations near term. The assets should contribute approximately 4,500 barrels of oil equivalent per day at closing. The smaller transaction closed in the fourth quarter of 2021, and the larger acquisition is scheduled to close in the first quarter of 2022. Lynn A. Peterson, President and CEO of Whiting commented, "These transactions continue the strategy we put forth beginning in late 2020. By increasing our working interest, we are immediately recognizing substantial cash flow that is accretive for shareholders. We know and understand the Sanish field extremely well and are very comfortable with the rate of return we are achieving."

08:07 EST Leidos awarded $104M contract by the U.S. Army - Leidos announced it has been awarded a prime contract by the U.S. Army's Program Executive Office for Simulation, Training, and Instrumentation to modernize the service's gunnery training simulation systems. The single-award, indefinite delivery, indefinite quantity contract has a total estimated value of $104M and a period of performance of five years. Work will be performed in Orlando, Florida.

08:06 EST Immunome announces IMM20253 in vitro data - Immunome announced in vitro data demonstrating effectiveness of its antibody cocktail against live versions of the SARS-CoV-2 Omicron variant when tested at two external laboratories. IMM20253 exhibits a novel mechanism of action not reported with any other Emergency Use Authorization, or EUA, antibodies by promoting a proteolytic cleavage of the portion of the spike protein needed for ACE2 binding, thus reducing the ability of the virus to infect host cells. In addition, IMM20253 induces potent non-neutralizing activity via phagocytosis. The IMM20253 epitope appears to be broadly conserved across other betacoronaviruses, including SARS-CoV-1. When tested in both laboratories, IMM20253 retained similar potency against Omicron compared to reference strains. A head-to-head test using live virus was performed at Boston University's National Emerging Infectious Diseases Laboratories to evaluate relative neutralization potency. In this assay, Immunome's IMM20253/IMM20184 combination neutralized the Omicron variant within 3.5-fold potency compared to S309, the preclinical version of sotrovimab. According to the FDA's EUA Fact Sheet for sotrovimab, less than 5-fold change in IC50 is considered no change in susceptibility. In the live virus testing conducted by Boston University and Washington University, each using a different assay, the potency of the IMM20253/IMM20184 combination was measured to be in the range of 27 nM - 100 nM. For reference, in published literature the neutralization potency of S309, the preclinical version of sotrovimab, ranged from 2.5 nM - 52 nM. As observed, significant variability exists in the measurement of neutralization potency depending on assay and test conditions. As a combination, IMM20253 and IMM20184 showed consistent neutralization across all former variants of concern in pseudovirus testing as well as all variants tested to date in live virus. The neutralization activity against Omicron was primarily driven by IMM20253, with IMM20184 making a minor contribution to the overall in vitro neutralizing activity of the cocktail. The combination is expected to maintain non-neutralization activities, including complement activation and phagocytosis, potentially contributing to viral clearance mechanisms in vivo. IMM20190, the third component of IMM-BCP-01, which is effective against other variants in preclinical testing, was excluded from live virus testing due to Immunome's prior predictive analysis suggesting a lack of binding to Omicron. Based on this positive data, Immunome plans to continue advancing the program into Phase 1b.

08:04 EST DarioHealth announces new contracts with four new employers - DarioHealth announced several new contracts to deliver its digital therapeutics solutions for four new employers. The new accounts are expected to launch during the Q1 and Q2. The new clients include a northeast regional employer contracted for Dario's diabetes solution and three employers - including two educational organizations and a regional professional services firm - launching with Dario's behavioral health solution. Dario closed 2021 with a total of 54 new contracts in its first full year of selling digital therapeutics in the business-to-business market.

08:04 EST Shift4 Payments, Sporting Kansas City announce five-year partnership - Sporting Kansas City and Shift4 announced a five-year partnership through the 2026 Major League Soccer season. Shift4, a global leader in commerce technology, will integrate the company's unified commerce ecosystem into SeatGeek to optimize ticketing transactions for Sporting Kansas City, a charter member of Major League Soccer.

08:03 EST CME Group to Launch CBL Core Global Emissions Offset futures - CME Group announced it will launch CBL Core Global Emissions Offset futures on March 7, pending all relevant regulatory reviews. CBL C-GEO futures are intended to align with the Core Carbon Principles, an emerging set of transparent and consistent standards around the supply of carbon credits to be overseen by the Integrity Council for the Voluntary Carbon Markets.

08:01 EST Allergan announces FDA approval of JUVEDERM VOLBELLA XC - Allergan Aesthetics, an AbbVie company, announces the FDA approval of JUVEDERM VOLBELLA XC for improvement of infraorbital hollows in adults over the age of 21.2 According to clinical trial data, 90% of subjects reported satisfaction through one year after treatment.2 With this approval, Allergan Aesthetics continues the expansion of its treatment portfolio to better address unmet patient needs. Per FDA requirement for this new indication, Allergan Aesthetics is providing a product training program for all interested providers, which includes facial anatomy and considerations for safe injection in this area, as well as identification and management of potential complications. Successful completion of this training is necessary prior to administration of JUVEDERM VOLBELLA XC for this new indication.

07:50 EST CorVel's Symbeo names Tomika Russell as President of the company - Symbeo, a CorVel company, has appointed Tomika Russell as President of the company. Russell brings over 20 years of leadership experience to Symbeo. Prior to joining Symbeo, Russell oversaw digital strategies for sales, marketing, finance and data for Daimler Trucks North America.

07:48 EST Revival Gold releases final 2021 drill results at Haidee - Revival Gold announces results from the final seven infill drill holes completed in the Haidee target area in connection with the Company's 2021 exploration program at the Beartrack-Arnett Gold Project located in Idaho, USA. A total of 15 holes were completed for approximately 2,500 meters, with four holes drilled for geotechnical and hydrological purposes. Results are consistent with results from previous drilling and continue to support the up-dip and down-dip extensions of mineralization in the Haidee area as areas for the potential expansion of the current Mineral Resources. "Drill results released today will support an upgrade in the quality of the gold resource at Haidee and point to future resource expansion opportunities both up and down dip of the current deposit", said Hugh Agro, President and CEO. "An updated resource estimate for the entire Beartrack-Arnett project is well underway and results are expected to be released by quarter end", added Agro.

07:47 EST OverActive Media announces allotment of stock options - OverActive Media announced that the Company's board of directors has approved the grant of stock options exercisable for a total of 220,000 shares, subject to acceptance of the grantee, to an officer of the Corporation. All Options were granted pursuant to the Company's Employee Stock Ownership Plan and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. The Options were granted at an exercise price of $1.19, being the closing price on February 7, 2022. The Options shall vest 33% for three consecutive years on the anniversary date of the original grant. Upon vesting, Options shall expire on the date that is ten years from the anniversary of the grant, February 7, 2032.

07:46 EST Mindset appoints Randall as SVP of External Alliances, Scientific Strategy - Mindset Pharma announced that it has appointed Fiona Randall, B.Sc., Ph.D., a trained neuroscientist with worldwide research and management experience, as Senior Vice President, SVP, of External Alliances and Scientific Strategy. Most recently, Dr. Randall founded FireWire Consulting which provides preclinical research and business development services to biopharmaceutical companies.

07:44 EST Medigus enters investment agreement with Clearmind - Medigus Ltd. (MDGS) announced the expansion of its healthcare activities by signing an investment agreement with Clearmind Medicine Inc. (CMNDF), a psychedelic pharmaceutical biotech company. In accordance with the agreement, Medigus will invest $1.25M in exchange for approximately 2 million units, comprised of shares and warrants. The shares purchased represent 5.02% of Clearmind. Clearmind's patent portfolio consists of four utility patent families, which includes seven approved patents and 13 pending applications. Clearmind and Medigus intend to form a joint venture in the food industry, based on Clearmind's unique psychedelics intellectual property. The joint venture expects to focus on the product development of food supplements, on the basis of the IP, as well as obtaining the necessary regulatory approvals to enable the registration and distribution of the products based on such IP in certain targeted countries. As part of the agreement, Medigus will be issued approximately 2 million units, comprised of one share of common stock and one warrant, at a subscription price of CAD$0.80 per unit. Each warrant will be exercisable for a period of 18 months into one additional share of common stock at a price per share of CAD$2.00. US $750 thousands of the investment amount will be paid for in cash and US $500 thousands of the investment amount will be paid through the issuance of Medigus' American Depository Shares, at a price per ADS ofUS$1.20. In addition, Medigus will be entitled to 10% of the initial equity of a potential venture in the area of psychedelics, in connection with a research project currently conducted according to an agreement between Clearmind and the commercialization arm of a leading Israeli academic institution.

07:42 EST Commercial Vehicle secured 11 additional customers since 2020 - CVG reports that since 2020, it has secured the development and production business for 11 additional hybrid and electric vehicle customers in Europe and North America, to deliver the electrical backbone on electric commercial and passenger vehicles. "The Electric Vehicle revolution is here, and CVG is committed to help shape the future of transportation," said Rich Tajer, SVP and CCO. "As our partnership with leaders in this space continue to grow, we expect to have an impact on reducing global emissions." In all, CVG has landed over $200M of annualized business, at planned volume, with 11 separate customers in these areas in less than two years.

07:36 EST Cyteir Therapeutics announces first patient dosed in Phase 2 with CYT-0851 - Cyteir Therapeutics announced that the first patient has been dosed in a Phase 2 expansion cohort study of CYT-0851 monotherapy that is part of the Phase 1/2 trial. CYT-0851 is being evaluated for the treatment of hematologic malignancies and solid tumors. "We are excited to dose the first patient in the Phase 2 expansion cohort study with CYT-0851. This signal-seeking study in six different cancers will give us the data that may allow us to advance CYT-0851 into a clinical trial with potential registrational intent as soon as early next year," said Markus Renschler, MD, President and Chief Executive Officer of Cyteir. "I am grateful to the entire Cyteir team, our investigators and participating patients as we work together to complete these expansion cohorts."

07:35 EST The Real Brokerage surpasses 4,000 real estate agents milestone - The Real Brokerage announced it has surpassed the milestone of 4,000 real estate agents who have joined Real in its international network. Real surpassed 3,000 agents in October 2021 and since then, the Company has launched its Instant Payment service for agents, acquired Expetitle, Inc. and broadened its brokerage operations to 40 U.S. states and the District of Columbia, with an addition of four states including Michigan, Idaho, Kentucky and Wyoming. The Company has also expanded its international dimension by commencing operations in Ontario, Canada, including the addition of Scott Benson as Canada's Growth Leader and the luxury real estate-focused Invidiata Team.

07:34 EST Stronghold Digital highlights environmental impact in response to inquiry - Stronghold Digital Mining responded to an inquiry from a group of United States Senators and members of Congress dated January 27, 2022, which details its commitment to fostering a positive environmental impact and the Company's previous and ongoing reclamation and remediation efforts. Excerpts from Stronghold's full response letter: "There are more than 840 coal refuse piles at these abandoned mine lands across Pennsylvania, which cover an aggregated area of 8,500 acres and contain a total volume of more than 200 million cubic yards." "The Facilities represent an efficient conversion of damaging waste product into power while helping achieve governmental priorities." "We convert highly polluting coal refuse into power and beneficial use ash, which consists of fly ash and bottom ash that can be beneficially reused for mine reclamation efforts and as an additive in concrete production." "Our CFB technology helps to control emissions of sulfur dioxide, nitrogen oxides, air toxins, and total particulate matter by removing ~90% of NOx emissions, ~98% of SO2 emissions, ~99.9% of particulate emissions and ~99.9% of mercury emissions." "Our Facilities are capable of diligently addressing this damaging waste product and converting over 1.25 million tons of coal refuse into energy annually."

07:33 EST Northland Power expects to complete 366 MW of additional capacity in 2022 - Currently Northland has 366 MW of additional capacity in construction, with the expectation for completion in 2022. The Company also has almost 3 GW of gross capacity which are projects that are scheduled for financial close and commencement of construction within the next two years. Once these projects are complete, Northland's total gross capacity will nearly double to more than 6.5 GW by 2027. Longer-term, the Company continues to advance a pipeline of over 10 GW encompassing its identified projects and additional opportunities to support the sustained growth of the Company. Northland's investor day materials will provide more details on its growth ambitions including an illustration of its funding plan and specific project milestones achieved since last year that are expected to create value for shareholders over the long-term.

07:32 EST Enveric Biosciences announces development of EV104a and EV104b - Enveric Biosciences announced the development of EV104a and EV104b, new molecular conjugates for Osteoarthritis, or OA, and other pain indications. The treatment paradigm for OA, as reflected in a recent review "Future Directions for the Management of Pain in Osteoarthritis" by Nidhi Sofat, is largely unsatisfactory and based on alleviating pain using NSAIDs and other pharmacotherapies or intra-articular injection of corticosteroids, or hyaluronic acid. Newer therapeutic alternatives, including combination treatments, are needed for optimal control of symptoms. Enveric recently licensed an Innovative Platform technology from Diverse Biotech that led to the successful synthesis of EV104a, and EV104b, two new chemical entity conjugates of cannabidiol linked to celecoxib. EV104a and EV104b are specifically designed to optimize pharmacokinetics and therapeutic synergy via improved delivery, targeting abilities, and potency to potentially be more efficacious and display fewer side effects than current treatments. Enveric has confirmed the stability of the molecules and the robustness of the manufacturing method.

07:31 EST National Energy Services appoints Stefan Angeli as CFO - National Energy Services announced the appointment of Stefan Angeli as CFO of NESR, effective immediately, replacing Chris Boone who is leaving the company to start another role. To ensure a transition, NESR has rescheduled its earnings conference call which will be announced separately. Angeli comes to NESR with more than 35 years of experience in corporate and operational finance, controllership, accounting, tax and mergers & acquisitions across the energy industry and public accounting. Prior to NESR, Angeli was the CFO for Stratum Reservoir.

07:29 EST Snow Lake Resources expands resource block at Thompson Brothers Lithium Project - Snow Lake Resources advised the market of it's recent acquisition and substantial property expansion in and around it's current resource block at the Thompson Brothers Lithium Project in Manitoba, Canada. The company, with the assistance of an external consultant, has been engaged over the past several years in historic geological data analysis, diligence and "in-the-field" prospecting campaigns. The resulting efforts have culminated in the acquisition, through the staking and filing of claims with the Manitoba Mineral Resources Division, of mineral rights on an additional 33,614 acres of Crown land which the company believes is highly prospective of lithium. The total land holdings for Snow Lake Lithium now stands at 55,318 acres or 86.43 square miles. The company said, "Key factors in the acquisition were the use of historical data contained within the Manitoba Mines Branch assessments files, information contained within the provincial geological surveys report library on the "Wekusko Pegmatite Field," and guidance from Nuterra Geoscience of Saskatoon that provided Snow Lake with new insight into the location of potential pegmatites occurrences along the "Grass River" drainage system. With this analysis in hand, Snow Lake Lithium was able to acquire significant land holdings within the "Grass River" system that the Company thinks are highly prospective for lithium exploration. Four priority trends were identified i.e., Osborne, Crowduck, Dion, and Grass River. In addition, two clusters of pegmatites were also identified, aka Hat Lake and Herb Bay (Figure 1.0). All of these locations will be subject to spring and summer field exploration campaigns that may include airborne geophysical surveys, soil geochemistry, and "boot and hammer" prospecting. These procedures will then be followed by diamond drill hole testing of the anomalies."

07:28 EST Northland Power announces 2022 strategic priorities - To further advance its strategic growth initiatives, the Company is looking to accomplish the following milestones in 2022: Further expansion of the Company's offshore wind portfolio through: Progressing the 1,044 MW Hai Long offshore wind project towards financial close, expected in the second half of 2022; Progressing the 1,200 MW Baltic Power offshore wind project towards financial close in 2023; Advancing development on the 1,333 MW Nordsee offshore wind Cluster in the German North Sea; Progressing the development on the two offshore leases secured in the recent Crown Estate Auction in Scotland with gross capacity of approximately 2,340 MW, targeted to be brought into service in late 2020's/early 2030's; Preparing bids for Taiwan's round three offshore wind auction, with two projects, CanWind and NorthWind with gross capacity of up to 1,800 MW; Securing further Electricity Business Licenses in Korea and advancing the interconnection and environmental permitting on those projects; Advancing our Japanese offshore wind projects and preparing for future auctions; and Planting low cost 'seeds' on development opportunities to extend the back-end of our pipeline beyond 2030, similar to our Scotwind development project. Successfully executing the Nordsee One main rotorshaft assembly replacement campaign. Enhancing our near-term growth objectives through: Advancing the 130 MW Suba solar development project in Colombia to financial close in 2022; Completing the construction of 366 MW of projects including the 16 MW Helios solar project, the 220 MW Ball Hill and Bluestone onshore wind projects, and along with the 130 MW La Lucha solar project, bring all the projects into commercial operations; Expanding the Company's onshore greenfield development pipeline with additional solar opportunities in the eastern United States as well as opportunities in EU Eastern Europe; and Leveraging on the recent Spanish acquisition by pursuing future growth opportunities in that market. Establishing a position in new initiatives such as storage and hydrogen to complement the existing portfolio of offshore wind and onshore renewables.

07:26 EST Gilat Satellite, SES expand strategic partnership with Gilat's SkyEdge IV - Gilat Satellite Networks announced the expansion of their strategic partnership with SES. SES has selected Gilat's SkyEdge IV platform to operate with its SES-17 satellite, a very high throughput satellite, VHTS, to provide fixed services and mobility services. SES will be using SkyEdge IV simultaneously for both SES-17 and its upcoming second generation NGSO constellation, O3b mPOWER. The SkyEdge IV multi-service platform will be utilized by SES to deliver cellular-backhaul and enterprise services, in addition to previously announced maritime services. "We are excited and proud to work with our partner, SES, to support their multi-orbit network, including the O3b mPOWER constellation, SES-17, and other satellites as they are launched. The integration of SkyEdge IV with SES's ARC system ensures space and ground coordination and unified operation, forming a resilient and secure network," said Amir Yafe, VP of Mobility & Global Accounts at Gilat. "Gilat's SkyEdge IV is a multi-orbit, multi-service platform built to lead the satcom industry, supporting cloud infrastructure, an Elastix-Access Scheme, and working in harmony with next generation software-defined satellites."

07:26 EST Linde announces supply agreement with BASF for hydrogen, steam - Linde announced that it has signed a long-term agreement with BASF for the supply of hydrogen and steam. Linde will design, build, own and operate a new hydrogen production facility at Chalampe, France, effectively doubling Linde's current capacity in the Chalampe chemical park where it already has one production facility. This second plant will supply BASF's new hexamethylenediamine, or HMD, manufacturing facility and will also help meet the increasing demand from Linde's local merchant customers for hydrogen. The plant is expected onstream in the first half of 2024.

07:24 EST Buenaventura announces multiple transactions to enhance balance sheet - Compania de Minas Buenaventura Peru's largest publicly-traded precious metals mining company, announced multiple transactions demonstrating continued success in enhancing balance sheet strength and the expansion of available liquidity. The Company has entered into a definitive agreement to sell its total stake in Minera Yanacocha S.R.L. equal to a 43.65% participation, for net proceeds of $300M and contingent payments of up to $100M ied to future increases in metal prices. Buenaventura's interest in the Chaupiloma royalty will remain unchanged aligned with our belief that Yanacocha is a world-class asset. Concurrently, Newmont will transfer its ownership interest in the La Zanja joint venture to Buenaventura in exchange for royalties on any future production from the La Zanja operation. Newmont will also contribute $45M to Buenaventura to cover future closure costs. The acquisition is in-line with Buenaventura's consolidation strategy in an important gold-copper district. The announced transactions enable Buenaventura to further focus on the portfolio, accelerate deleveraging and support increasing shareholder returns.

07:23 EST Embark Technology, Knight-Swift announce launch of Truck Transfer Program - Embark Trucks (EMBK) and Knight-Swift Transportation (KNX) announced the launch of the Truck Transfer Program, intended to give Knight-Swift and its drivers direct access to Embark's technology. The Truck Transfer Program marks the first public initiative through which a US carrier will directly own and maintain an Embark-equipped truck, and is a major step on the path to eventual purchase and ownership of Embark-equipped trucks by carriers. The Truck Transfer Program is a testing configuration that "aims to unlock the next level of development necessary for commercialization," the company said. It marks the first time that the carrier - Knight-Swift - will own an autonomous truck, maintain and deploy the truck, and place their own driver behind the wheel. This will allow Embark and Knight-Swift to collect detailed driver feedback on the technology's performance, define how the system will improve driver jobs, and develop procedures and tools that enable Knight-Swift to maintain, inspect, dispatch, and remotely monitor Embark-equipped trucks. Currently, Knight-Swift and Embark are preparing the truck technology and carrier process flows necessary for the launch of this industry-first program. Embark plans to equip a set of Knight-Swift trucks from the carrier's slated 2022 OEM deliveries with the Embark Universal Interface. Embark plans to deliver the first Embark-equipped trucks to Knight-Swift for use in daily operations by the end of 2022. The program will help Knight-Swift determine how best to utilize its limited driver workforce to address the growing demands of the national supply chain.

07:20 EST Green Thumb Industries appoints Dorri McWhorter to board of directors - Green Thumb Industries announced that Dorri McWhorter has been appointed to its board of directors and will join its audit committee. In 2021, McWhorter became President and Chief Executive Officer of YMCA of Metropolitan Chicago, whose mission is to develop strong children, families and communities.

07:20 EST Paramount Gold reports gold intercepts from first drill program at Frost Project - Paramount Gold Nevada announced positive results from its first drill program at its Frost project located within trucking distance of the proposed Grassy Mountain Mine operation. "We are pleased with the results of this initial program. We have encountered a robust gold system which could have the potential to generate significant tonnage of economic material," said Glen Van Treek, Paramount's President and Chief Operating Officer. "There is much more drilling to be done but these results confirm the presence of a gold system as indicated by our surface work." A total of 13 reverse circulation drill holes totaling 9,010 feet were completed to test targets based upon surface geology and sampling, along with ground and helicopter borne geophysical surveys. Several drill holes intersected significant gold grades over interesting intervals including a 5-foot sample with a gold grade of 14.4 g/t and shallow intercepts up to 70 feet averaging 1.04 g/t.

07:19 EST Seres Therapeutics appoints Paula Cloghessy as Chief People Officer - Seres Therapeutics announces that Paula Cloghessy, SPHR, SHRM-SCP, has joined Seres as Executive Vice President, Chief People Officer effective February 7 , reporting directly to Eric Shaff, President and Chief Executive Officer. "Paula joins the Seres leadership team at a pivotal time of growth. Her team-building expertise will be invaluable as we advance SER-109 toward what we expect to be the Company's first FDA drug approval, while expanding Seres' pipeline toward additional opportunities in Infection Protection and other diseases that we believe are well suited for our microbiome therapeutic approach," said Shaff. Cloghessy brings to Seres more than 20 years of human resources expertise with broad business experience leading human resources organizations in the biotechnology and pharmaceutical industries, including a successful track record of translating organizational objectives into dynamic HR programs and infrastructure. She most recently served as Chief People Officer at Translate Bio, Inc., where she led the talent architecture and people strategy. Throughout her career in biotech, Cloghessy has strived to prioritize the employee environment with an emphasis on curating talent and fostering an adaptive and inclusive culture. Prior to Translate, she served as vice president of human resources at Joule Unlimited Technologies, Inc. She has also held human resources positions at Interleukin Genetics, Inc. and NUCRYST Pharmaceuticals, Inc.

07:18 EST AMC Entertainment reaches lease agreements with URW, to reopen two locations - AMC Theatres announced it has reached lease agreements with Unibail-Rodamco-Westfield, or URW, global developer and operator of destinations, to acquire and open two locations, each located in a major market. In the San Diego market, AMC will reopen AMC UTC 14 at Westfield UTC, located in La Jolla, this Thursday, February 10. In the Washington D.C. market, AMC will reopen AMC Montgomery 16 at Westfield Montgomery, with an expected opening date in March. Both are former ArcLight locations. AMC remains in active discussions with other property owners regarding additional currently closed locations.

07:18 EST BioCryst appoints Machelle Sanders to board of directors - BioCryst Pharmaceuticals announced that the company has appointed North Carolina Secretary of Commerce, and pharmaceutical operations executive, Machelle Sanders, to its board of directors. Sanders has more than 30 years of pharmaceutical and biotechnology experience.

07:17 EST Bristol-Myers awards $7.965M in new health equity grants - Bristol Myers Squibb announced $7.965M in new health equity grants to 24 U.S. non-profit organizations that aim to improve access and quality care to medically underserved patients and communities across oncology, cardiology, immunology and hematology therapeutic areas. These grants will bolster community outreach and education, increase patient support and care coordination services, and support diversity, cultural competency and collaboration among community health workers and patient navigators in communities across the U.S. To date, Bristol Myers Squibb's total support in addressing health disparities as part of its 2020 Commitments is just over $39M.

07:17 EST CareDx submits insights from over 250 patients to CMS - CareDx announced that it has submitted insights from over 250 kidney, heart, lung, and liver transplant patients to the Centers for Medicare and Medicaid Services in response to their Request for Information on the "Health and Safety Requirements for Transplant Programs, Organ Procurement Organizations, and End-Stage Renal Disease Facilities." For CMS's recent request, CareDx surveyed its patient community and received over 250 responses from kidney, heart, lung, and liver transplant patients. The survey identified four main areas for improvement to better support transplant patients across the continuum of care: There is a need to create greater public awareness about the need for more registered organ donors to ensure a robust transplant ecosystem in the future. More patient education is needed to prevent end-stage disease and improve post-transplant outcomes. Transplant patients are looking for ways to get on organ waitlists sooner. Patients are seeking greater financial assistance to help them manage chronic illnesses.

07:16 EST EVgo selected as preferred EV charging partner of Subaru of America - EVgo announced the company has been selected as the preferred EV charging partner of Subaru of America. This news comes on the heels of Subaru unveiling its first ever zero-emissions vehicle, the all-new 2023 Solterra EV SUV, at the LA Auto Show in November and opening reservations this month. Subaru drivers will have access to all the benefits of EVgo's industry-leading network, with its geographic reach and 24/7 customer support.

07:15 EST Pico launches Corvil Electronic Trading Data Warehouse - Pico continues to enhance the capabilities of its Corvil Analytics product suite, with the launch of Corvil Electronic Trading Data Warehouse. The new solution for monitoring strategy execution across the trading infrastructure helps business and operations teams make faster, more effective decisions.

07:13 EST Peloton drops 6% in premarket trading amid restructuring, management changes

07:13 EST Applied Genetic announces interim data from studies of AGTC-401, AGTC-402 - Applied Genetic Technologies reported updated interim three-month pediatric results and additional adult safety results out to as long as 24 months from its ongoing Phase 1/2 dose escalation study of AGTC-401. AGTC-401 is a recombinant AAV viral vector-based gene therapy targeting mutations in the CNGB3 gene in patients with achromatopsia. Data from seven pediatric patients support previously reported findings from adults treated with AGTC-401, which demonstrated encouraging biologic activity and a favorable safety profile. There were no new Suspected Unexpected Serious Adverse Reactions, SUSARs, and for the three previously reported SUSARs, the inflammation continues to improve with steroid treatment. Based on the totality of the ACHMB3 data generated to date from 31 patients over as long as 24 months, AGTC plans to advance the clinical development of AGTC-401 subject to consultation with the U.S. Food and Drug Administration at an End-of-Phase 2 meeting in the first half of 2022. The Company also reported updated results from a parallel study of AGTC-402 targeting CNGA3 mutations in patients with achromatopsia that are consistent with previously reported results in adults, provide no indication of clinical improvements, and do not support further clinical development. AGTC will continue to follow the ACHMA3 patients for long-term safety observations.

07:12 EST Peloton announces launch of Peloton Guide - Peloton said: "We are excited to officially announce the launch of Peloton Guide, our first connected fitness strength product, on April 5. The Peloton App already enables Members to stream great fitness workouts with world-class instructors on any screen in their home, including their TV. Priced at $495, Guide further enhances the full-body workout experience."

07:11 EST Peloton: Restructuring to yield at least $800M in annual run-rate cost savings

07:10 EST Sempra Energy announces Phase II of ESJ wind farm commences operations - Sempra Infrastructure, a subsidiary of Sempra, announced that Phase II of its Energia Sierra Juarez, or ESJ, wind farm in Tecate, Baja California began operations. ESJ, the first cross-border renewable energy project between Mexico and the United States, now provides 263 megawatts of zero-carbon electricity to the California electricity market.

07:10 EST Broadwind announces $16M in new tower orders - Broadwind announced that the Company has received $16 million in new tower orders from a leading global wind turbine manufacturer. Including these new orders, Broadwind has sold greater than 40% of its full-year 2022 optimal annual tower production capacity. Broadwind expects to schedule additional 2022 bookings over the coming months, as OEM customers seek to secure additional production capacity.

07:10 EST Peloton's Foley: Now is right time to introduce next phase of leadership - In a letter to shareholders, outgoing CEO John Foley said: "For several months, I have been working closely with our Board of Directors, discussing how best to ensure Peloton is built to last well into the future. Among other actions being taken, together, we have decided that now is the right time to introduce the next phase of leadership at this great company.... Our objective is clear: we are taking steps to best position Peloton for sustainable growth, while also establishing a clear path to consistent profitability. The comprehensive restructuring actions we are announcing today will streamline our teams and reporting structures, increase P&L accountability, create a more efficient and flexible supply chain, and enforce greater investment discipline to ensure our spending meets appropriate return thresholds."

07:09 EST Becton Dickinson announces collaboration with ReturnSafe - Becton Dickinson announced a collaboration with ReturnSafe, the software solution for COVID-19 employee health, safety and compliance, to integrate the BD Veritor At-Home COVID-19 Test directly within the ReturnSafe testing management platform.

07:08 EST LXP Industrial Trust to review strategic alternatives - LXP Industrial Trust announced that its Board of Trustees has initiated a review of the Company's strategic alternatives. With the support of its independent financial advisors, the Board will consider a wide range of options including, among other things, a sale, merger and other business combinations. "The LXP Board and management team are committed to examining a wide range of options to maximize value for all shareholders," said T. Wilson Eglin, Chairman, Chief Executive Officer and President of LXP Industrial Trust. "Over the last five years, we have successfully transformed LXP into a leading, predominantly single-tenant industrial REIT with a much stronger and more valuable portfolio. With this transformation substantially complete, we believe now is an opportune time to launch a comprehensive process to determine the best path to drive shareholder value. As the Board conducts its review, we will remain open to all credible opportunities to unlock value, while maintaining our focus on executing our disciplined growth strategy and supporting our stakeholders." LXP has not set a timetable for the review process, nor has it made any decisions related to any potential strategic alternatives at this time. There can be no assurance that the review process will result in a transaction or other strategic change or outcome. The Company does not intend to disclose or comment on developments related to this review unless or until it determines that further disclosure is appropriate or required by law.

07:05 EST Benson Hill appoints Dean Freeman as CFO - Benson Hill announced that Dean Freeman will become Benson Hill's next CFO. DeAnn Brunts has elected to return to retirement from her full-time executive role effective following the Company's filing with the Securities and Exchange Commission of its 2021 Annual Report on Form 10-K. Brunts will remain on the Company's Board of Directors, the original role she had when she joined Benson Hill in 2020. Freeman officially joined Benson Hill as Executive Vice President of Finance on February 2 of this year and will work closely with Brunts over the next two months to ensure an effective transition. Freeman brings nearly three decades of financial leadership and public company experience. Most recently, Freeman served as the President and CEO of First Source Capital, a commercial finance company he founded in 2019. Prior to that, he held roles as CFO at GCP Applied Technologies and interim CEO at Watts Water Technologies, each a publicly traded company on the New York Stock Exchange.

07:05 EST Peloton winding down development of Peloton Output Park plan

07:04 EST Peloton confirms plans to cut approximately 2,800 global positions

07:02 EST Peloton CEO John Foley to step down, Barry McCarthy named president and CEO - Peloton (PTON) announced the following leadership transitions: Barry McCarthy, who has held senior leadership roles at Spotify (SPOT) and Netflix (NFLX) and is a longtime advisor and board member at public and private technology companies, has been appointed CEO and President of Peloton, effective on February 9, 2022. He will also join Peloton's Board of Directors. Peloton Co-Founder John Foley will become Executive Chair. William Lynch transitions from President of Peloton to a non-executive director on the Board. Karen Boone, Lead Independent Director, said, "Today's leadership changes are the culmination of a succession planning process that the Board and John have worked on together over the last several months. We all agree that Barry is uniquely suited to lead Peloton into its next chapter and that this leadership transition will best position Peloton for sustainable growth, profitability, and long-term success. Barry is a proven leader, well known for his financial acumen and record of driving transformative change at iconic companies including Netflix and Spotify. In addition to his own extensive experience and expertise, Barry will also benefit from John's continued support as Executive Chair, which we view as a winning combination for all Peloton stakeholders." Foley said, "Since founding Peloton a decade ago, we've grown this brand to engage and motivate a loyal community of more than 6.6 million Members. I'm incredibly proud to have worked with such talented teammates over the years who have helped me build Peloton into what it is today, and I'm confident that Barry is the right leader to take the company into its next phase of growth. He's not only recognized as an expert in running subscription business models and helping category-leading digital streaming companies flourish, but he has also had tremendous success in partnering with founder CEOs at other brands. I'm excited to learn from him and work alongside him as Executive Chair."

07:01 EST Peloton: President William Lynch transitions to non-executive board director

07:01 EST Peloton confirms co-founder John Foley to become executive chair

06:55 EST Harley-Davidson sees FY22 capital expenditures $190M-$200M - The outlook assumes that supply chain challenges improve in the second half of the year.

06:51 EST Pfizer raises FY22 revenue view for Comirnaty to $32B

06:48 EST Merck provides 3.1M courses of molnupiravir to the U.S. government - Merck and Ridgeback Biotherapeutics announced that a total of approximately 3.1M courses of molnupiravir, an investigational oral antiviral COVID-19 medicine, have been provided to the U.S. government for allocation across the country. The U.S. Department of Health and Human Services, or HHS, has created a public website to help providers identify locations that have received shipments of government-procured COVID-19 therapeutics available under Emergency Use Authorization. In 2021, Merck entered a procurement agreement with the U.S. government under which the company agreed to supply approximately 3.1M courses of molnupiravir to the U.S. government upon Emergency Use Authorization or approval from the FDA. In addition to the U.S. agreement, Merck has entered into advance purchase and supply agreements for molnupiravir in more than 30 markets worldwide, including Australia, Canada, Korea, Japan, Thailand, Ukraine and United Kingdom, pending regulatory authorizations, and is currently in discussions with additional governments.

06:42 EST Biomerica announces results from clinical trial of its InFoods IBS DGT - Biomerica announced positive topline results from the endpoint clinical trial of its InFoods IBS diagnostic-guided therapy, or DGT, with the trial showing statistically significant improvements in multiple endpoints in the Intent-to-Treat population. The InFoods DGT is the first of its kind therapy for Irritable Bowel Syndrome, or IBS, that uses a simple blood test designed to identify patient-specific foods that when removed from the diet may alleviate IBS symptoms such as pain, bloating, diarrhea and constipation. The InFoods IBS DGT works by identifying above normal immunoreactivity to specific foods in patients. A food identified as positive is simply removed from the diet for the patient to feel better. Highlights of Topline Results from the InFoods IBS Endpoint Trial include: P-value of 0.007 for improvement in the Subject Global Assessment of Relief, or SGA, endpoint for all patient subtypes as a group; P-value of 0.040 for improvement in the Global Improvement Scale, or GIS, endpoint for all patient subtypes as a group; P-value of 0.012 for improvement in the Pain endpoint for IBS-Mixed & IBS-Constipation patients as a group. Biomerica plans to meet and work with the FDA to design a final pivotal trial focused on the endpoint that show the greatest improvement. The InFoods IBS study design has already received a non-significant risk determination from FDA, which should expedite the final approval process. Since the InFoods IBS product is a diagnostic-guided therapy, and not a drug, it has no drug type side effects which benefits patients.

06:34 EST Rise Education, Data Auto enter merger agreement - Rise Education and Data Auto announced that they have entered into a definitive agreement and plan of merger, pursuant to which the shareholders of NaaS will exchange all of the issued and outstanding share capital of NaaS for newly issued shares of the company on the terms and conditions set forth therein in a transaction exempt from the registration requirements under the Securities Act of 1933. Upon consummation of the Transaction, NaaS will become a wholly-owned subsidiary of the company. The transaction values NaaS at an equity value of approximately $587M and the company at an equity value of approximately $45M. Upon completion of the transaction, the existing NaaS shareholders and existing company shareholders will own approximately 92.9% and 7.1%, respectively, of the outstanding shares of the combined company. Immediately prior to the completion of the transaction, the company's ordinary shares will be divided into three classes - Class A ordinary shares, Class B ordinary shares and Class C ordinary shares - with different voting powers but equal economic rights. The company's board of directors, acting upon the unanimous recommendation of the audit committee of the board, approved the merger agreement and the transaction and resolved to recommend that the company's shareholders vote to authorize and approve the merger agreement, the other transaction documents and the transaction. The audit committee negotiated the terms of the merger agreement and the other transaction documents with the assistance of its financial and legal advisors. The audit committee received a fairness opinion from its independent financial advisor, China Renaissance Securities, attesting to the fairness of the consideration to be paid by the company in the transaction, from a financial point of view. The board of directors of NaaS has approved the merger agreement, the other transaction documents and the transaction. The company major shareholder, who holds approximately 60% of the outstanding shares of the company as of the date of this press release, has entered into a support agreement, agreeing to vote in favor of the transaction and other proposals as may be reasonably agreed to by NaaS and the company as necessary or appropriate in connection with the consummation of the transaction. BCPE Nutcracker Cayman, an affiliate of the company major shareholder, has executed agreements to become the beneficial owner of approximately 1% of NaaS, and beneficially owns approximately 15.8% of the parent company of NaaS. The company and NaaS anticipate that the transaction will be completed around mid-2022, subject to the satisfaction of closing conditions set forth in the merger agreement, including among other things, receipt of company shareholder approval and regulatory approvals, including necessary PRC regulatory approvals and the continuous listing of the company on the Nasdaq.

06:18 EST DuPont announces new $1B share buyback program - The company announced that its board of directors authorized a new $1B share buyback program which expires on March 31, 2023. This new authorization enables the company to repurchase shares following the company's expected completion of the remaining $375M in repurchases under its existing share buyback program in Q1 ahead of the program's expiration on June 30.

06:12 EST Nvidia, Softbank confirm termination of deal for Arm Limited - NVIDIA (NVDA) and SoftBank Group, or SBG, (SFTBY) "confirm the termination of the previously announced transaction whereby NVIDIA would acquire Arm Limited from SBG. The parties agreed to terminate the Agreement because of significant regulatory challenges preventing the consummation of the transaction, despite good faith efforts by the parties. Arm will now start preparations for a public offering. SBG also announced that, in coordination with Arm, it will start preparations for a public offering of Arm within the fiscal year ending March 31, 2023. SBG believes Arm's technology and intellectual property will continue to be at the center of mobile computing and the development of artificial intelligence. NVIDIA and SBG had announced that they had entered into a definitive agreement, under which NVIDIA would acquire Arm from SoftBank, on September 13, 2020. In accordance with the terms of the agreement, SBG will retain the $1.25B prepaid by NVIDIA, which will be recorded as profit in the fourth quarter, and NVIDIA will retain its 20-year Arm license."

06:04 EST FirstCash not providing FY22 guidance - Despite these near-term uncertainties, the company expects to achieve significant revenue and earnings growth in 2022.

05:32 EST Disney recommends shareholders reject Tutanota mini-tender offer - Disney has been notified of an unsolicited mini-tender offer by Tutanota to purchase up to 240,000 shares of Disney common stock at a price of $143 per share in cash. Disney recommends that shareholders not tender their shares in response to Tutanota's unsolicited offer because the offer is conditioned on the closing price per share of Disney's common stock exceeding $143 per share on the last trading day before the offer expires. This means that unless this condition is waived by Tutanota, Disney shareholders who tender their shares in the offer will receive a below-market price. Tutanota has stated it expects to extend the offer for successive periods of 45 to 180 days until the market price of the shares exceeds the offer price, in which case payment could be delayed beyond the scheduled expiration date of Friday, February 25.

05:26 EST Wheaton Precious Metals acquires gold stream from Sabina Goose Project for $125M - Wheaton Precious Metals announced that it has entered into a definitive precious metal purchase agreement with Sabina Gold & Silver Corp. in respect to the Goose Project, part of Sabina's 100% owned Back River Gold District located in Nunavut, Canada. The Goose Project is forecast to be a high margin mine in the lowest half of the gold cost curve with a 15-year mine life. Wheaton will pay Sabina an upfront payment of $125M in four equal installments during construction of the Goose Project, subject to customary conditions. Wheaton will be entitled to receive 4.15% of the payable gold production from the Mine dropping to 2.15% of the payable gold production from the Mine after delivery of 130,000 ounces of gold and dropping to 1.5% of the payable gold production from the Mine after delivery of 200,000 ounces of gold. With a fixed payable rate of 99.98%, attributable gold production is forecast to average 11.7 koz per year for the first five full years of production, and 10.7 koz per year for the first ten full years. Sabina is finalizing its 2022 work program and expects production to commence in the first quarter of 2025. Wheaton will make ongoing production payments for gold ounces delivered equal to 18% of the spot gold price until the value of gold delivered less the cumulative production payments is equal to the upfront consideration of $125M, at which point the production payment will increase to 22% of the spot gold price. The addition of the Goose Project will increase Wheaton's estimated Proven and Probable gold reserves by 0.14 Moz, Measured and Indicated gold resources by 0.03 Moz and Inferred gold resources by 0.04 Moz. Significant exploration upside potential exists within the Goose Project with over 4 km of untested plunge length to be explored within over 15,000 hectares of mineral claims and leases. The upfront payment will be paid over the construction of the Goose Project, coinciding with the start of construction. As at September 30, 2021, the company had approximately $372M of cash on hand, when combined with the liquidity provided by the available credit under the $2B revolving term loan and ongoing operating cash flows, positions the company to fund all outstanding commitments and known contingencies as well as providing flexibility to acquire additional accretive mineral stream interests.

05:16 EST Axon to open research, development office in London - Axon announced it will continue its global expansion by opening its first European research and development office in London.