Stockwinners Market Radar for February 15, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DXCM

Hot Stocks

20:37 EST DexCom CEO sells $1.25M in common stock - In a regulatory filing, DexCom disclosed that its CEO Kevin Sayer sold 3K shares of common stock on February 14th in a total transaction size of $1.25M.
BXRX

Hot Stocks

20:34 EST Baudax Bio announces one-for-35 reverse stock split - Baudax Bio "announced that the company's Board of Directors has approved a 1-for-35 reverse stock split of its common shares. The Reverse Stock Split will become effective at 12:01 a.m. Eastern time on February 16, 2022 and the Company's common stock will open for trading on The Nasdaq Capital Market on a post-split basis under the Company's existing trading symbol "BXRX". Baudax Bio expects that the Reverse Stock Split, which was approved by shareholders at a special shareholder meeting on February 9, 2022 will increase the market price per share of the Company's common stock, bringing the Company into compliance with listing requirements of the $1.00 minimum bid price requirement by The Nasdaq Capital Market."
TWOU

Hot Stocks

20:24 EST Cathie Wood's ARK Investment bought 37K shares of 2U today
TSP

Hot Stocks

20:23 EST Cathie Wood's ARK Investment bought 72.7K shares of TuSimple today
RBLX

Hot Stocks

19:40 EST Roblox reports January revenue $203M-$206M, up 64%-66% y/y - In its Q4 earnings press release, Roblox also reports January DAUs at 54.7M, up 32% from January 2021. Hours engaged were 4.2B, up 26% y/y. Bookings were $220M and $223M, up 2% - 3% y/y.
FUN SEAS

Hot Stocks

19:22 EST SeaWorld says offer to acquire Cedar Fair was rejected - SeaWorld Entertainment (SEAS) released the following statement: "In response to inquiries from various stakeholders, we confirm that our offer to acquire Cedar Fair (FUN) was rejected. Unfortunately, we do not see a path to a transaction."
DD CCMP

Hot Stocks

19:01 EST CMC Materials reports 'favorable' conclusion in patent dispute with DuPont - CMC Materials, Inc. (CCMP) announced the conclusion of United States Presidential review, thereby affirming the company's "favorable" Final Determination in its International Trade Commission case against DuPont de Nemours (DD) and several DuPont subsidiaries. As announced in December, the ITC found DuPont is unlawfully importing, selling, and marketing in the United States certain chemical mechanical planarization slurries and components thereof that infringe a patent owned by CMC that is fundamental to advanced dielectric CMP slurries. In that ruling, the ITC issued an exclusion order and cease and desist orders prohibiting DuPont's importation, marketing, and sale of infringing products and components thereof in the United States, pending a 60-day Presidential review period. Now that the period has expired, United States Customs and Border Protection will stop the importation into the United States of DuPont's infringing Optiplane 2300 and Optiplane 2600 dielectric CMP slurries and components thereof for a period extending to 2035. Under the December Final Determination, a party expecting to "transition away" from the infringing products in the short term must submit to CBP a "documented need" for the products under penalty of criminal sanction.
HLX

Hot Stocks

18:02 EST Helix Energy awarded awarded a field decommissioning contract by Trident - Helix Energy Solutions Group announced that it has been awarded a field decommissioning contract by Trident Energy do Brasil. The project, located offshore Brazil in the Pampo and Enchova Clusters in the Campos Basin, is expected to commence in late 2022 for a firm period of 12 months with multiple customer options to extend. Helix will provide a riser-based well intervention vessel either the Siem Helix 1 or Siem Helix 2, a 10k Intervention Riser System, project management and engineering services and, in conjunction with Helix's Subsea Services Alliance partner Schlumberger, fully integrated plug and abandonment well services.
MRNA

Hot Stocks

18:02 EST Moderna to expand footprint in Asia with four additional subsidiaries - Moderna Hong Kong. This expansion comes as the Company continues to scale up the manufacturing and distribution of its COVID-19 vaccine and future mRNA vaccines and therapeutics. The Asia-Pacific region represents an integral part of Moderna's business, with established subsidiaries in Japan, South Korea, and Australia. In 2021, Moderna and the South Korean government announced a collaboration to explore local opportunities for research and manufacturing in South Korea. More recently, the company announced an agreement in principle with the Australian Government to build a state-of-the-art mRNA vaccine manufacturing facility in Victoria, Australia. "2021 was a year of impact for Moderna, and I am proud to see continued growth in 2022 as we expand our presence in Asia. After a decade of pioneering the development of our mRNA platform, we were ready to play a critical role in combating the COVID-19 pandemic globally," said Stephane Bancel, Chief Executive Officer of Moderna. "With the addition of four subsidiaries in Asia, we look forward to new opportunities to leverage our mRNA platform to help solve health challenges, including those with a high burden of disease in the Asia-Pacific region."
WU

Hot Stocks

18:01 EST Western Union expands in South Korea with Travel Wallet - Western Union and Travel Wallet have announced the launch of Western Union money transfer services on the Travel Wallet App. Travel Wallet users in South Korea now have the choice to send money through Western Union. The Travel Wallet app is available for both Android and iOS users. Customers can fund their cross-border money transfers through their local bank accounts. Cash and bank account payout in select countries is currently available, with plans to scale up to the entire scope and reach of Western Union's global payout network. Over the next few months, Travel Wallet users will also be able to receive Western Union money transfers via the Travel Wallet app, for transactions sent through Western Union's digital money transfer services or Western Union's worldwide retail Agent network.
AAL ERJ

Hot Stocks

17:55 EST American Airlines signs firm order with Embraer for three new E175s - American Airlines (AAL) has signed a firm order with Embraer (ERJ) for three new E175s. The aircraft will be operated by American's wholly owned subsidiary, Envoy Air. With deliveries to be completed this year, Envoy's fleet of E175s will grow to over 100 aircraft by the end of 2022. The contract value is $160.2M at current list prices and will be included in Embraer's 2021 fourth quarter backlog.
AKR

Hot Stocks

17:34 EST Acadia Realty Trust raises quarterly dividend 20% to 18c per share - The quarterly dividend is payable on April 14 to holders of record as of March 31.
CRSR FMBI

Hot Stocks

17:24 EST Corsair Gaming to replace First Midwest in S&P 600 at open on 2/18
UE ONB

Hot Stocks

17:23 EST Urban Edge to replace Old National Bancorp in S&P 600 at open on 2/18
ENLC

Hot Stocks

17:21 EST EnLink Midstream sees 2022 net income $230M-$310M
ONB...

Hot Stocks

17:21 EST Old National Bancorp to replace Urban Edge in S&P 400 at open on 2/18 - Old National Bancorp (ONB) is acquiring First Midwest Bancorp (FMBI) in a transaction expected to be completed on or about February 16. Post-merger, Old National Bancorp will be more representative of the mid-cap market space. Urban Edge Properties is more representative of the small-cap market space.
X

Hot Stocks

17:18 EST U.S. Steel CFO Breves to leave company in 2022 - U.S. Steel announced that Christine S. Breves, Senior Vice President & Chief Financial Officer, has informed the company of her intention to leave the company in 2022, after nine years of service with the company. Breves will continue to serve as Chief Financial Officer while the company conducts a search for a permanent replacement. To ensure the company gains the full benefit of her extensive financial and supply chain expertise, Breves has agreed to stay on as Executive Vice President - Business Transformation to support the company's Best for All strategy. "Christie's deep knowledge of the industry, leadership and superb insight have contributed greatly to U. S. Steel's transformation into the future of steelmaking," said U. S. Steel President and Chief Executive Officer David B. Burritt. "We have too much important work before us not to take full advantage of her capabilities. That's why I'm so pleased that Christie elected to remain for the full year and our Board of Directors agreed to elevate her to Executive Vice President. I look forward to working with her directly in the coming months to further accelerate our Best for All progress."
LMT

Hot Stocks

17:17 EST Lockheed Martin subsidiary awarded $372.04M Navy contract modification - Sikorsky Aircraft, a Lockheed Martin company, was awarded a $372.04M fixed-price incentive modification to a previously awarded contract. This modification exercises an option for the production and delivery of four low-rate initial production, Lot 6, CH-53K Heavy Lift aircraft, as well as associated aircraft programmatic and logistical support for the government of Israel. Work is expected to be completed in November 2025. Foreign Military Sales funds in the amount of $372.04M will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command is the contracting activity.
MASI

Hot Stocks

17:17 EST Masimo to acquire Sound United, terms not disclosed - Sound United, LLC announced that it has entered into a definitive agreement to be acquired by Masimo Corporation. "I have long been a fan (and proud owner) of Sound United's iconic brands and am honored to steward them through the next generation of technological evolution," Masimo Founder, Chair & CEO Joe Kiani commented. "Masimo shares Sound United's commitment to providing innovative, best-in-class products and experiences, with a relentless focus on improving the consumer experience." The transaction is expected to close near the middle of 2022, subject to the receipt of regulatory approvals and other customary closing conditions. Post-closing, Kevin Duffy will continue to lead Sound United, reporting directly to Masimo Chairman and Chief Executive Officer, Joe Kiani.
BKH

Hot Stocks

17:10 EST Black Hills' Wyoming Electric requests approval for expansion project - Black Hills Corp. announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as Black Hills Energy, submitted a request to the Wyoming Public Service Commission seeking approval for a certificate of public convenience and necessity to construct an estimated 260-mile transmission expansion project. As proposed, the approximately $260M transmission expansion project, known as Ready Wyoming, would provide customers long-term price stability and greater flexibility as power markets develop in the Western states, the company said. If approved, the project will interconnect Black Hills Energy's South Dakota, eastern Wyoming and Cheyenne electric transmission systems. "We're excited by this opportunity to provide long-term benefits for our customers while also enhancing shareholder value," said Linn Evans, CEO and President of Black Hills Corp. "Ready Wyoming will allow us to meet our customers' energy needs today and well into the future, while enhancing the resiliency of our electric system and expanding access to power markets and renewable energy resources."
TALO ENLC

Hot Stocks

17:10 EST Talos Energy, EnLink Midstream to jointly develop CO2 capture solution - Talos Energy (TALO) and EnLink Midstream (ENLC) announced that they have executed a memorandum of understanding to jointly develop a complete CO2 capture, transportation and sequestration solution for industrial-scale emitters in Louisiana. The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge, which is one of the largest concentrated sources of CO2 emissions in the United States, and will utilize significant portions of EnLink's existing regional pipeline infrastructure of approximately 4,000 miles in Louisiana and Talos's recently-acquired River Bend CCS site in east Louisiana, as announced in a separate press release, which includes approximately 26,000 acres of pore space and provides sequestration capacity of over 500 million metric tonnes in the area. EnLink and Talos have begun to market the offering to potential customers.
TALO

Hot Stocks

17:08 EST Talos Energy to lease 26,000 acres along Mississippi River industrial corridor - Talos Energy announced that it had reached an agreement with a large Louisiana landowner to lease approximately 26,000 acres along the Mississippi River industrial corridor for future carbon capture and sequestration projects. Talos also announced, in a separate press release, its entry into a memorandum of understanding with EnLink Midstream to provide integrated CO2 transportation solutions in the region. These announcements mark the first major CCS project in the Baton Rouge / New Orleans area, known as the "River Bend CCS" project, and the first with an integrated midstream solution dedicated to permanent sequestration activities. Talos will be the project manager and operator of the injection, storage and monitoring and will be joined by its partner, Storegga Limited.
WFG

Hot Stocks

17:05 EST West Fraser Timber commits to greenhouse gas reductions - West Fraser Timber "announced a commitment to set science-based targets to achieve near-term greenhouse gas reductions across all its operations located in the United States, Canada, United Kingdom and Europe. As the world's largest producer of lumber and oriented strand board and a leading manufacturer of other engineered wood and forest products, joining the Science Based Targets Initiative demonstrates the Company's commitment to sustainability leadership and contribution to global climate action. SBTi helps companies to set emission reduction targets in line with climate science and Paris Agreement goals. It promotes best practice in science-based target setting and independently assesses companies' targets. To accelerate corporate climate action, SBTi is focused on significant reductions in global emissions before 2030 and achieving net-zero emissions before 2050."
WFG

Hot Stocks

17:04 EST West Fraser Timber sees FY22 capex around $500M-$600M - Says 2022 SPF shipments are expected to be approximately 3.0 to 3.2 billion board feet, Southern yellow pine shipments are expected to be approximately 3.0 to 3.2 billion board feet, North America OSB shipments are expected to be approximately 6.1 to 6.4 billion square feet, Pulp & Paper segment shipments are not expected to increase from 2021 levels Europe OSB shipments are expected to be approximately 1.1 to 1.3 billion square feet.
TX

Hot Stocks

17:03 EST Ternium expects a sequential decrease in EBITDA in the Q1 - The company said, "Following an outstanding 2021, during which Ternium achieved record profitability and successfully completed its capacity expansion program, the company expects to deliver solid performance in 2022, despite a business environment with gradually normalizing steel prices and margins, supported by the ongoing ramp-up of the new hot-rolling mill in its Pesqueria facility. In the USMCA region, supply chain disruptions continue to affect several manufacturing industries' input procurement. For the automotive industry specifically, ongoing semiconductor scarcity is causing low unit inventory levels and significant pent-up demand. During 2022, Ternium anticipates this situation to gradually adjust and drive increased apparent steel demand in the region that, coupled with a decrease in steel imports, should cause declining steel prices to stabilize during the first half of the year. In Argentina, shipments remained at relatively stable levels during 2021, and the company expects this to continue in the first quarter, driven by healthy activity in the construction, agribusiness and automotive industries. The outlook for the Argentine market in 2022, however, remains significantly uncertain, given the unstable macroeconomic variables that persist in the country. Ternium expects a sequential decrease in EBITDA in the Q1, primarily resulting from lower margins, partially offset by higher shipments in the USMCA region."
FFNW

Hot Stocks

17:01 EST First Financial Northwest raises quarterly dividend 9.1% to 12c per share - The cash dividend will be payable on March 25 to shareholders of record on March 11.
ADI

Hot Stocks

17:00 EST Analog Devices raises quarterly dividend by 10% to 76c per share - The dividend is payable on March 8, 2022 to shareholders of record as of the close of business on February 25, 2022.
CPSS

Hot Stocks

16:57 EST Beneficial owner of Consumer Portfolio Black Diamond buys $3M in shares - Beneficial owner of Consumer Portfolio Black Diamond Capital purchased 298,623 shares of company stock at $10.19 per share between February 11 and February 14, for a total transaction amount of $3,043,357.
CAT

Hot Stocks

16:53 EST Caterpillar names William Schaupp chief accounting officer - According to a regulatory filing, on February 9, 2022, the Board of Directors of Caterpillar appointed William E. Schaupp as Chief Accounting Officer. Schaupp's appointment is effective April 1, 2022 and follows the previously announced retirement of Gary Michael Marvel as the company's Chief Accounting Officer. Schaupp has served as the company's Finance Director, Global Finance Services Division since August 2021. Prior to joining the company, Schaupp served as Vice President and Controller and Chief Accounting Officer from July 2018 to July 2021 and Assistant Controller and Acting Controller from April 2018 to July 2018 and Director Corporate Audit Services from January 2017 to April 2018 of PPG Industries, Inc.
VIACA VIAC

Hot Stocks

16:52 EST ViacomCBS says greenlighting "Halo" season 2
IOSP

Hot Stocks

16:49 EST Innospec sees outlook favorable to further sales growth - Patrick Williams, said, "We believe that Innospec's excellent Q4 performance leaves us well positioned for continued improvement in 2022. We exit the year with record quarterly sales and an outlook that we feel is favorable to further sales growth and margin expansion in all our businesses. We remain focused on working with our customers and suppliers to navigate the expected continuation of supply chain and inflationary challenges. Price actions have been announced in all businesses in the Q1 of 2022, and in parallel we continue to introduce innovative products which can help offset the impact of higher prices to our customers through enhanced performance."
AVTR

Hot Stocks

16:48 EST Avantor chairman Rajiv Gupta to retire - Avantor announced that Rajiv Gupta will retire from Avantor's Board at the end of his current term and will not stand for re-election at the annual stockholders meeting to be held on May 12, 2022. The Board will announce the selection of a new Board chair later this month. "On behalf of our entire organization, I want to thank Raj for his vision and guidance in helping to build Avantor into a global life sciences leader," said Michael Stubblefield, President and CEO of Avantor. "A true business pioneer, Raj has a tremendous track record of value creation and has been a mentor to so many colleagues at Avantor, working tirelessly to position the company for long-term success. We wish him all the best in his future endeavors."
CHRS PBYI

Hot Stocks

16:47 EST Coherus Biosciences announces Paul Reider as chief commercial officer - Coherus BioSciences (CHRS) announced Paul Reider has been named chief commercial officer. Reider previously held the position of executive VP of commercial operations and market access. Reider has 30 years of biotechnology industry sales and marketing experience across oncology, rheumatology, endocrinology and rare disease therapeutic areas. Prior to joining Coherus in 2021, he served as VP of sales and strategic accounts for Puma Biotechnology (PBYI).
VIACA VIAC

Hot Stocks

16:44 EST ViacomCBS says will rebrand to Paramount Global - Says best quarter ever for new subscribers in paid segment. Says posted subscriber results it didn't expect to see until January of next ear. Says fastest subscribing growth was in streaming. Says in 2024 Paramount+ will be the streaming home for all Paramount movies after theatrical release. Says expects to reach 100M subscribers by 2024. Comments taken from Q4 earnings conference call.
MO

Hot Stocks

16:43 EST Altria says judge dismisses FTC claims against Altria, Juul - Altria Group announced that an Administrative Law Judge dismissed the Federal Trade Commission's claims against Altria and JUUL Labs, Inc. arising out of Altria's 2018 minority investment in JUUL. Following a three-week trial, the ALJ found that the evidence failed to sustain the alleged violations. The ALJ's decision is subject to review by the FTC. Any decision by the FTC may be appealed to any U.S. Court of Appeals. "We are pleased with this decision and have said all along that our minority investment in JUUL does not harm competition and does not violate the antitrust laws," said Murray Garnick, Executive Vice President and General Counsel, Altria.
MGI

Hot Stocks

16:43 EST Donerail Group supports MoneyGram's leadership's decisions for transaction - The Donerail Group is one of the largest shareholders of MoneyGram International with beneficial ownership of 4.9% of the outstanding shares of the Company, and released the following statement on February 15, 2022: "Donerail is pleased by the announcement this morning that MoneyGram will be acquired by Madison Dearborn Partners for $11.00 per share in an all-cash transaction valued at approximately $1.8 billion. We intend to vote our shares in favor of the announced transaction. Over the last few years, MoneyGram has undergone a complete transformation in a highly dynamic global payments environment. Led by its CEO, Alex Holmes, and its CFO, Larry Angelilli, the Company has worked diligently to maximize operating efficiencies, appropriately invest in new technologies to embrace the changing digital era and continue to compete in an increasingly competitive landscape, serving to benefit all shareholders. We applaud the Company's Board of Directors for recognizing alternative value creation options for MoneyGram in the private markets and for displaying disciplined and intentional mindfulness of its fiduciary duties as shareholder representatives. While the path ahead for MoneyGram is bright, we believe that the Board's recognition that MoneyGram may be best served as a private company highlights the sophisticated nature of this Board and its advisors,"
DVN

Hot Stocks

16:41 EST Devon declares $1.00 per share fixed-plus-variable dividend, ups fixed dividend - Devon Energy announced its board of directors declared a record high fixed-plus-variable dividend of $1.00 per share based on Q4 financial performance. The dividend is payable on March 31 to shareholders of record at the close of business on March 14. As part of the Q4 dividend announcement, the board approved an increase in the fixed dividend of 45% or 5c per share. After the fixed dividend is funded, up to 50% of the excess free cash flow each quarter will be distributed to shareholders through the variable dividend.
DVN

Hot Stocks

16:39 EST Devon Energy sees FY22 production 570,000-600,000 mboepd - Sees FY22 capital expenditures $2.06B-$2.44B. Sees FY22 tax rate 20%-25%.
DVN

Hot Stocks

16:36 EST Devon Energy sees Q1 production 560,000-580,000 boepd - Sees Q1 capital expenditures $540M-$610M. Sees Q1 tax rate 20%-25%.
CELU

Hot Stocks

16:34 EST FDA grants Celularity fast track designation for CYNK-101 - Celularity announced the U.S. Food and Drug Administration FDA has granted Fast Track Designation for its genetically modified cryopreserved human placental hematopoietic stem cell-derived natural killer cell therapy, CYNK-101, which is being developed in combination with standard chemotherapy, trastuzumab and pembrolizumab in patients in first-line locally advanced unresectable or metastatic HER2/neu positive gastric or gastroesophageal junction adenocarcinoma. CYNK-101 is an investigational genetically modified NK cell therapy designed to synergize with approved antibody therapeutics through enhanced antibody-dependent cellular cytotoxicity.
CLW

Hot Stocks

16:33 EST Clearwater Paper says inflation expected to impact 2022 by $90M-$100M - Sees $120M-$140M impact in FY22 from previously announced price increases. Sees FY22 CAPEX of $60M-$70M.
CLW

Hot Stocks

16:31 EST Clearwater Paper sees Q1 adjusted EBITDA of $48M-$56M - Says raw material inflation impacting adjusted EBITDA by $5M-$7M relative to Q4.
JNJ HON

Hot Stocks

16:31 EST Johnson & Johnson appoints Darius Adamczyk to board of directors - Johnson & Johnson (JNJ) announced that Darius Adamczyk, Chairman and CEO of Honeywell (HON), has been appointed to its Board of Directors.
LZB

Hot Stocks

16:28 EST La-Z-Boy sees Q4 delivered sales per week flat to slightly up - Bob Lucian, CFO of La-Z-Boy Incorporated, said, "Demand trends remain strong and our backlog will support strengthening delivered sales as we increase capacity over time, but near-term production gains will be slower than previously expected. Global supply chain disruptions continue and disproportionately impact our higher-end products, which sell at a greater level in our La-Z-Boy Furniture Galleries(R) stores, including our company-owned Retail stores. Separately, we expect our casegoods import operations to normalize during the first half of fiscal 2023 as we more consistently receive product and ship it to customers. Taking these factors into consideration, we now expect delivered sales per week in the fourth quarter to be flat to slightly up versus the third quarter. Further, the fiscal fourth quarter will benefit from containing 14 weeks compared to the third quarter which contained only 12 weeks. We expect consolidated non-GAAP operating margin to strengthen to the range of 7.5% to 8.5%. Over time, we continue to expect sales and operating margin performance will improve incrementally as increases in capacity allow us to more fully meet demand while leveraging fixed costs with higher volume."
HOOK GILD

Hot Stocks

16:25 EST Hookipa Pharma to develop arenaviral immunotherapy for HIV under Gilead pact - Hookipa Pharma (HOOK) announced it has entered into an amended and restated collaboration and license agreement with Gilead (GILD) to advance the development of a novel arenaviral immunotherapy as a component of a potential functional curative regimen for human immunodeficiency virus, or HIV. In April 2018, Gilead licensed exclusive rights to Hookipa's arenaviral platform to develop immunotherapies for HIV and hepatitis B virus, or HBV. Under those terms, the companies agreed to collaborate through a joint research phase, after which time Gilead had rights for further development. Under the amended and restated agreement, Hookipa is responsible for advancing the HIV program through the completion of a Phase 1b clinical trial, with funding from Gilead via an upfront payment and equity purchases. At the completion of the Phase 1b trial, Gilead has the exclusive right to assume further development of the program. The HBV portion of the agreement remains unchanged. Hookipa earned a one-time $4M preclinical milestone payment under the original 2018 collaboration and license agreement. Upon signing of the amended agreement, Hookipa will receive a payment of $15M. In addition, Gilead will make a $5M equity investment in Hookipa at a premium to the current market price, and up to an additional $30M of equity financing that can be drawn at Hookipa's discretion by December 31, 2023. "We are pleased to enter into this amended agreement with Gilead which includes provisions that we believe benefit both parties, and we hope ultimately the HIV community. Gilead is helping to advance our novel arenaviral platform technology, which has the potential to complement Gilead's overall research strategies for cures of HIV and HBV," said Joern Aldag, Chief Executive Officer at Hookipa.
AIN LMT

Hot Stocks

16:22 EST Albany Engineered selected by Sikorsky to produced CH-53K Aft Transition - Albany International (AIN) announced that its subsidiary Albany Engineered Composites has been selected by Sikorsky Aircraft (LMT) to produce the complete CH-53K Aft Transition assembly in a competitively bid 10-year long term agreement covering Lots 7 through 14. Long-lead funding is already underway to support the schedule and the contract is expected to be finalized in the first quarter of 2022 with first deliveries in 2023. "We are tremendously excited and honored to be adding this significant additional content to our current production of Sponsons and Tail Rotor Pylon assemblies for the world's preeminent next generation heavy lift helicopter," said Greg Harwell, AEC President. "This agreement signifies the successful and growing relationship between Sikorsky and Albany."
LTHM

Hot Stocks

16:21 EST Livent begins voluntary third-party assesment of its lithium operations - Livent announced that it has begun a voluntary, third-party assessment of its brine-based lithium extraction and manufacturing operations at the Salar del Hombre Muerto, Catamarca, Argentina. This independent assessment of the company's Fenix site is the next step in the multi-stage review against the Initiative for Responsible Mining Assurance, or IRMA, Standard for Responsible Mining. SCS Global Services, an IRMA-approved certification body, is conducting the third-party assessment, beginning with a desk review followed by an onsite audit.
RBLX

Hot Stocks

16:21 EST Roblox says bookings growth in Q3, Q4 should be closer to user growth - Roblox said in its shareholder letter: "User and engagement growth right now are being driven primarily by international expansion and growth in users aged 13 and older. These expansions have been priorities for us for a number of years and we are excited to see growth throughout parts of Asia, Europe, and Latin America, as well as with older users. Bookings, for now, are driven primarily by the United States and the United Kingdom which are both opening up from COVID restrictions and returning to school and work. While engagement and payer conversion are higher than they were going into the pandemic in these countries, this is where year over year comparisons are currently toughest. Year over year bookings comparisons should improve starting in the May/-June timeframe. Bookings growth in Q3 and Q4 of this year should be much closer to user growth rates than they were in January, and our exit growth rates this year are expected to be good indicators of 2023 growth."
WELL

Hot Stocks

16:21 EST Welltower, Reuben Brothers announce strategic partnership - Reuben Brothers and Welltower announced the formation of a long-term strategic partnership in conjunction with Reuben Brothers' acquisition of Avery Healthcare, one of Welltower's largest operating partners and the company's largest partner in the United Kingdom. The 50/50 joint venture partnership is expected to generate significant future growth opportunities through the development of the next generation of seniors housing properties by leveraging Reuben Brothers' real estate investment and development acumen and Welltower's unparalleled data analytics platform and leadership within the seniors housing industry. This transaction also positions Avery for superior growth to meet the demand of an aging population in the UK.
AKAM

Hot Stocks

16:19 EST Akamai to acquire Linode for $900M - Akamai Technologies announced it has entered into a definitive agreement to acquire Linode, one of the easiest-to-use and most trusted infrastructure-as-a-service platform providers. Under terms of the agreement, Akamai has agreed to acquire all of the outstanding equity of Linode Limited Liability Company for approximately $900M, after customary purchase price adjustments. As a result of structuring the transaction as an asset purchase, Akamai expects to achieve cash income tax savings over the next 15 years that have an estimated net present value of approximately $120M. The transaction is expected to close in the first quarter of 2022 and is subject to customary closing conditions. For fiscal year 2022, the acquisition of Linode is anticipated to add approximately $100M in revenue and be slightly accretive to non-GAAP EPS by approximately 5c-6c.
ACCO

Hot Stocks

16:17 EST Acco Brands CFO Fenwick to retire this year - Acco Brands announced that Neal Fenwick, Executive Vice President and Chief Financial Officer, plans to retire this year after a 37-year career with the Company. A search for his successor is underway. Mr. Fenwick will remain active full-time until his successor is named and will assist with the transition.
DHX

Hot Stocks

16:17 EST DHI Group announces new $15M stock repurchase program - DHI Group announced that its Board of Directors has authorized a new stock repurchase program that permits the purchase of up to $15M of the company's common stock. The new program was approved following the completion of DHI's previous $20M stock purchase program, which was initially approved in February 2021. Under the $20M program, the company repurchased approximately 4.4M shares. This new authorization is currently effective and is approved to run through February 2023. Under the plan, management has discretion in determining the conditions under which shares may be purchased from time to time, including block trades.
RBLX

Hot Stocks

16:17 EST Roblox down 13% in after-hours following earnings report - Roblox shares are down $9.65, or 13%, to $63.65 in after-hours trading following the company's Q4 report.
MRTX

Hot Stocks

16:16 EST Mirati Therapeutics says FDA accepts NDA for adagrasib - Mirati Therapeutics announced that the U.S. FDA accepted the New Drug Application for adagrasib for the treatment of patients with non-small cell lung cancer harboring the KRASG12C mutation who have received at least one prior systemic therapy. The Prescription Drug User Fee Action date for adagrasib is December 14, 2022. The adagrasib NDA is being reviewed by the FDA for Accelerated Approval, which allows for the approval of drugs that treat serious conditions, and that fill an unmet medical need based on a surrogate endpoint. In addition, the application is being reviewed under the FDA Real-Time Oncology Review pilot program, which aims to explore a more efficient review process that ensures safe and effective treatments are made available to patients as early as possible. Adagrasib has also achieved Breakthrough Therapy Designation in the U.S. as a potential treatment for patients with NSCLC harboring the KRASG12C mutation who have received at least one prior systemic therapy.
VIAC VIACA

Hot Stocks

16:14 EST ViacomCBS added 9.4M global streaming subscribers in Q4 - Achieved 84% y/y growth in streaming subscription revenue.
O WYNN

Hot Stocks

16:10 EST Realty Income to acquire Encore Boston Harbor via partnership with Wynn Resorts - Realty Income (O) announced that the company has signed a definitive agreement to acquire the Encore Boston Harbo Resort and Casino for $1.7B under a long-term net lease agreement with Wynn Resorts (WYNN). The transaction is Realty Income's first acquisition in the gaming industry. The sale-leaseback transaction with Wynn Resorts is expected to be executed at a 5.9% initial cap rate, includes an initial lease term of 30 years with annual rent growth of 1.75% for the first ten years and the greater of 1.75% or CPI (capped at 2.5%) over the remaining lease term. The lease also includes an additional 30-year option to renew upon expiration. Pending regulatory procedures, the company expects to close this transaction in the 4th quarter of 2022.
UPST

Hot Stocks

16:09 EST Upstart announces $400M share repurchase program - Upstart announced that its Board of Directors has approved a share repurchase program with authorization to purchase up to $400M of common stock. "With the volatility in the trading of our stock, we have seen what we believe to be attractive buying conditions at various times over the past year, and our profitability puts us in a position to be able to initiate this program and take advantage of those situations on behalf of our shareholders," said Sanjay Datta, CFO of Upstart.
ABNB

Hot Stocks

16:09 EST Airbnb sees Q1 nights and experiences booked exceeding 1Q19 levels
ABNB

Hot Stocks

16:09 EST Airbnb: Impact of omicron has quickly dissipated
CLW

Hot Stocks

16:08 EST Clearwater Paper 'expecting continued strength in paperboard markets' - CEO Arsen Kitch says: "I am pleased with our achievements in 2021 as we performed well despite unpredictable tissue demand and a significant increase in inflation. For 2022, we are expecting continued strength in our paperboard markets, with tissue demand normalizing. While we are facing significant inflation and other supply chain disruptions, we believe that we are well positioned operationally and financially to continue to execute well into the first quarter and the rest of 2022."
ABNB

Hot Stocks

16:08 EST Airbnb reports Q4 nights and experiences booked 73.4M, up 59% y/y
CVRX

Hot Stocks

16:07 EST CVRx reports Q4 EPS (52c), consensus (44c) - Reports Q4 revenue $3.7M, consensus $3.86M. "We are very proud of everything we accomplished in 2021 despite the challenging global environment. We more than doubled our revenue as a result of the successful launch of Barostim for heart failure in the United States and we also made significant progress advancing our product innovation pipeline," said Nadim Yared, President and Chief Executive Officer of CVRx. "We are excited about the position we are in as we move into 2022. Throughout the year we will be focused on driving accelerated adoption by executing on our commercial strategy, which includes the continued expansion of our salesforce and the efforts to educate healthcare providers and consumers on the benefits of Barostim."
ABNB

Hot Stocks

16:07 EST Airbnb reports Q4 gross bookings value $11.3B
AKAM

Hot Stocks

16:05 EST Akamai announces intent to acquire Linode - Akamai announced it has entered into a definitive agreement to acquire Linode Limited Liability Company, one of the easiest-to-use and most trusted infrastructure-as-a-service platform providers.
WYNN O

Hot Stocks

16:03 EST Wynn Resorts to sell real estate of Encore Boston Harbor for $1.70B - Wynn Resorts (WYNN) "announced that it has entered into a definitive agreement to sell all of the land and real estate assets of Encore Boston Harbor to Realty Income (O) for $1.70 billion in cash, representing a 5.9% cap rate. Wynn Resorts will continue to operate the property at the five-star standard for which the Company is renowned. Simultaneous with the closing of the transaction, we will enter into a triple-net lease agreement for Encore Boston Harbor with Realty Income. The lease will have an initial total annual rent of $100.0 million and an initial term of 30 years, with one thirty-year tenant renewal option."
VIAC VIACA

Hot Stocks

16:03 EST ViacomCBS CEO says achieved best quarter ever in streaming subscription growth - CEO Bob Bakish said, "In the fourth quarter you saw the power of strategy and strength of execution across the company. Our success was evident across all lines of business, and spotlighted by streaming, where we achieved our best quarter ever in streaming subscription growth - more than doubling our subscriber additions from last quarter with a record 9.4M additions, expanding our total global streaming subscribers to over 56M. And, to top it off, we saw meaningful acceleration in our global Pluto TV MAUs, to reach over 64M and generate over $1 billion in revenue in the year. This sets us up well for 2022, where I'm tremendously excited to continue to build on this powerful momentum - investing in global content, distribution, and market expansion - to further drive scale."
FROG

Hot Stocks

15:36 EST JFrog up 3% as investor day continues - Shares of JFrog are up 83c, or 3%, to $26.53 in afternoon trading as the company's executive team hosts a Q&A session at the company's investor day meeting.
REVG CMI

Hot Stocks

15:32 EST Rev Group subsidiary announces first order for six Axess Battery Electric Buses - ElDorado National California, or ENC, a subsidiary of REV Group (REVG), announced the first order for six Axess Battery Electric Bus to First Transit for operation at Emory University in Atlanta. "Our partnership with Cummins has been crucial in the development of the new Axess Battery Electric Bus. Their expertise in electric powertrains helped us engineer an innovative electric solution for our transit and shuttle bus customers," said Jason Moore, Vice President and General Manager, ENC. Creative Bus Sales, the largest ENC dealer in North America, finalized the sale in December 2021, REV Group noted.
TKR

Hot Stocks

15:18 EST Timken wins contract as provider of high-precision drives for solar power plant - Timken announced it is providing high-precision drives for what will be the world's largest single-site solar power plant. Timken's solar-tracking technology, developed by its Cone Drive subsidiary, will be used to precisely position solar panels in line with the sun for the Al Dhafra PV2 site in Abu Dhabi, United Arab Emirates, or UAE. The Al Dhafra facility is expected to become fully operational in 2022. When complete, its 4M solar panels, controlled by 83,000 Cone Drive high-precision drives, are projected to power as many 160,000 homes across the UAE and reduce carbon dioxide emissions by approximately 2.4M metric tons annually.
GM

Hot Stocks

14:43 EST General Motors to restart Chevy Bolt production in April - General Motors said it will restart production of its Chevrolet Bolt electric car in early April and start shipping them to dealerships shortly after for sale to consumers. The company had paused output last year to fix a battery defect that could lead to fires. Back in August, GM recalled more than 141,000 Bolts for battery fire risk and had since kept the Orion Assembly plant mostly down as it prioritized new batteries for the recalled vehicles.
PKG

Hot Stocks

14:36 EST Packaging Corp. VP Ridley sells $517K in company shares - Packaging Corp VP Bruce Ridley sold 3,481 shares of company stock at $148.60 per share on February 11, for a total transaction amount of $517,273.
FB

Hot Stocks

14:36 EST Facebook rebrands News Feed as Feed - Meta Platforms' Facebook said that, starting Tuesday, its News Feed will now be known as "Feed." The company told The Verge that the move is "just a name change to better reflect the diverse content people see on their Feeds." Reference Link
NXTP

Hot Stocks

14:19 EST NextPlay Technologies says metaverse project is 'ready for launch' - NextPlay Technologies said in a tweet that its first META Project and joint venture with SOMA Innovation Lab is "ready for launch." The company noted that the project was first announced in November 2021 and that interested users can now book a demo online. []:[https://twitter.com/NextPlayTech/status/1493664123476975618?s=20&t=sd5BFM0vhSE7CxEaLLnOww]
AWK

Hot Stocks

13:57 EST Illinois American Water invests over $16M in Jerseyville water system - Illinois American Water is investing over $16M to upgrade the local water system. The investment supports continued reliable, safe drinking water as well as upgrades for enhanced efficiency, safety and security. Gabe Kuykendall, senior operations supervisor for the Jerseyville service area, said, "We are committed to providing our customers with the best product possible at a good value. This includes continued investment in our critical drinking water systems." Illinois American Water acquired the City of Jerseyville's water and wastewater systems in 2020. The infrastructure upgrades at the water treatment plant are part of Illinois American Water's commitment to the Jerseyville water system.
ERIC

Hot Stocks

13:15 EST Ericsson reiterates commitment to investigate conduct in Iraq - Ericsson issued an update on Iraq media inquiries, stating in part: "In the past week, Ericsson has continued to receive detailed media inquiries from Swedish and international news outlets. Their interest pertains to information detailed in a 2019 internal investigation by the company, on conduct in Iraq. We are committed to transparency and continuously improving our compliance performance. Therefore, we are updating our earlier statement on this matter. We continue to invest significantly to understand these matters fully. As in all investigations we cannot exclude the possibility that we may not have found all the underlying facts. Ericsson takes any allegation of impropriety extremely seriously and welcomes any new facts brought to light as a result. This allows us to sharpen our processes further and target any wrongdoing. We reiterate our commitment to investigate and take action as appropriate to address any new information, in line with our Code of Business Ethics and under the terms of our 2019 Deferred Prosecution Agreement, with US authorities. With customers in more than 180 countries around the world, our products and services address critical communication needs for people and societies alike. We are committed to conducting business in a responsible manner, applying ethical standards in anti-corruption, humanitarian and human rights terms. We adhere to the United Nations' guiding principles on business and human rights - as well as all relevant international laws."
AXP

Hot Stocks

12:45 EST American Express reports January net write-off rate 0.7% vs. 0.7% last month - Reports January 30 days past due loans as a percent of total 0.8% vs. 0.7% last month.
NFLX TTWO

Hot Stocks

12:12 EST Netflix, Take-Two partner to produce 'BioShock' film adaptation - Netflix (NFLX) is partnering with 2K and Take-Two Interactive (TTWO) to produce a film adaptation of the renowned video game franchise "BioShock." "Across the titles' original releases as well as multiple re-releases, remastered editions and bundled collections, BioShock has sold more than 39 million copies worldwide, and is widely recognized as one of the most celebrated and beloved series in all of gaming," Netflix said. "The next installment is currently in development by Cloud Chamber." The Fly notes that the first "BioShock" game was released in 2007. Reference Link
BA

Hot Stocks

12:09 EST Boeing's ability to self-certify 787 Dreamliners removed by FAA, CNBC says - Boeing's ability to self-certify 787 Dreamliners has been removed by the FAA, CNBC's Phil LaBeau reports. Boeing has not delivered a 787 Dreamliner since May 2021, LaBeau notes. Reference Link
PEG

Hot Stocks

12:07 EST PSEG raises quarterly dividend 5.9% to 54c per share - The board of directors of Public Service Enterprise Group declared a quarterly common stock dividend for the first quarter of 2022 of 54c per share payable on March 31, 2022 to shareholders of record on March 10, 2022. This action, which was announced during PSEG's September Investor Conference, represents a 3c per share, or 5.9% increase in the company's quarterly common stock dividend and brings the indicative annual dividend rate to $2.16 per share. Ralph Izzo, Chairman, President and Chief Executive Officer, said, "We are pleased to be able to increase the cash return to our shareholders. This latest increase represents the 18th increase in the common dividend in the past 19 years and marks our 115th consecutive year of paying a common dividend to shareholders, which is an achievement attained by very few companies. PSEG's long history of paying a common dividend is aided by our strong balance sheet, improved business mix and the durability of our growth strategy, which are expected to support consistent and sustainable growth in the common dividend."
LABD

Hot Stocks

12:01 EST Daily S&P Biotech Bear 3x Shares falls -9.9% - Daily S&P Biotech Bear 3x Shares is down -9.9%, or -$3.92 to $35.72.
SOXS

Hot Stocks

12:00 EST Direxion Daily Semiconductor Bear 3X Shares falls -13.2% - Direxion Daily Semiconductor Bear 3X Shares is down -13.2%, or -62c to $4.11.
MDV

Hot Stocks

12:00 EST Modiv falls -48.0% - Modiv is down -48.0%, or -$30.23 to $32.76.
TAL

Hot Stocks

12:00 EST TAL Education rises 21.9% - TAL Education is up 21.9%, or 68c to $3.79.
JOBY

Hot Stocks

12:00 EST Joby Aviation rises 25.9% - Joby Aviation is up 25.9%, or $1.23 to $5.99.
SPCE

Hot Stocks

12:00 EST Virgin Galactic rises 27.3% - Virgin Galactic is up 27.3%, or $2.22 to $10.36.
RVVTF

Hot Stocks

11:57 EST Revive Therapeutics granted orphan status for bucillamine - The FDA granted Revive Therapeutics orphan status for bucillamine, its prevention of ischemia-reperfusion injury during liver transplantation. Reference Link
HILS

Hot Stocks

11:57 EST Hillstream BioPharma treatment of uveal melanoma granted orphan designation - Hillstream BioPharma's salinomycin was granted FDA orphan designation as a treatment of uveal melanoma, according to a post to the agency's website. Reference Link
DNZOY...

Hot Stocks

11:56 EST DENSO to take minority stake in JASM - TSMC (TSM), Sony Semiconductor Solutions Corporation (SONY) and DENSO Corporation (DNZOY) announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc., TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a $0.35B investment. With this equity investment, DENSO will hold a more than 10% equity stake in JASM, the companies said in a statement. Construction of JASM's fab in Japan is scheduled to begin in the 2022 calendar year with production targeted to begin by the end of 2024. To support market demand, TSMC will also enhance JASM's capabilities with 12/16 nanometer FinFET process technology in addition to the previously announced 22/28 nanometer process and increase monthly production capacity to 55,000 12-inch wafers. With the additional capacity, the total capital expenditure for JASM's Kumamoto fab is estimated to be approximately $8.6B with support from the Japanese government. The fab is expected to directly create about 1,700 high-tech professional jobs. The closing of the transaction between JASM and DENSO is subject to customary closing conditions.
MDV

Hot Stocks

11:50 EST MDV Stock trading resumes
MDV

Hot Stocks

11:44 EST MDV Stock trading halted, volatility trading pause
USFD

Hot Stocks

11:40 EST US Foods says Sachem Head declined director offer without engagement - US Foods issued a statement in response to a press release from Sachem Head Capital Management, which disclosed its attempt to seek control of the board of directors through the nomination of seven directors for election to the company's ten-member board at its 2022 annual meeting, stating in part: "Since Sachem Head filed its Schedule 13D in respect of US Foods on October 7, 2021, members of our Board and management team have engaged with seriousness and urgency and had numerous discussions with Sachem Head. We approached these discussions with an open mind and a willingness to work constructively. In December, the Board's Nominating and Corporate Governance Committee interviewed each of the three director candidates Sachem Head privately proposed. Following these interviews and associated due diligence, we offered to appoint two new directors to the Board, including Scott Ferguson, Sachem Head's principal, and a mutually agreed-upon second director with relevant supply chain leadership experience. Sachem Head made the appointment of Bernardo Hees as Executive Chairman a precondition for any engagement. In the course of its evaluation of Bernardo Hees, the Board identified significant concerns regarding his leadership roles at previous companies, which Mr. Hees was unable to dispel during the interview process. As a result, the Board was not willing to appoint him to the Board, let alone name him Executive Chairman as originally proposed by Sachem Head... At US Foods, we believe that integrity in leadership matters. Mr. Hees' interviews did not allay the Board's concerns about Mr. Hees' oversight and leadership that resulted in these financial improprieties... We recognize there is more work to do and are committed to listening to all our shareholders as we drive the business forward. We have substantial opportunities ahead and look forward to discussing our plans and progress on our upcoming earnings call."
PFE OPK

Hot Stocks

11:10 EST Pfizer, Opko Health announce EC marketing authorization for Ngenla injection - Pfizer (PFE) and Opko Health (OPK) announced that the European Commission has granted marketing authorization for the next-generation long-acting recombinant human growth hormone Ngenla, a once-weekly injection to treat children and adolescents from 3 years of age with growth disturbance due to insufficient secretion of growth hormone. "Ngenla provides pediatric patients, their caregivers and healthcare providers with a new treatment option for growth hormone deficiency that reduces the frequency of required injections from once daily to once weekly," the companies said. The marketing authorization of Ngenla is valid in all EU Member States as well as Iceland, Norway and Liechtenstein, the companies noted.
TECK

Hot Stocks

11:07 EST Teck Resources to pilot electric transport truck at HVC operations - Teck Resources and MEDATech announced the pilot of a fully electric on-highway transport truck to haul copper concentrate, marking the first use of a battery-electric truck to haul copper concentrate worldwide. The truck will travel between Teck's Highland Valley Copper Operations in south-central British Columbia and a rail loading facility in Ashcroft, B.C. This pilot of the MEDATech ALTDRIVE-powered fifth-wheel Western Star will help to advance Teck's goal of displacing the equivalent of 1,000 internal combustion vehicles by 2025. It will also provide valuable learnings for the electrification of Teck's vehicle fleet on the path to achieving the company's goal of reducing the carbon intensity of its operations by 33% by 2030 and becoming a carbon-neutral operator by 2050. The pilot is expected to begin in summer 2022 and is projected to eliminate 418 tonnes of CO2 annually - the equivalent of approximately 90 passenger cars - for the first pilot vehicle, while also reducing costs through fuel savings and reduced maintenance.
TXT SMG

Hot Stocks

11:05 EST Textron Aviation delivers 8,000th Cessna Citation business jet - Textron Aviation announced it has delivered a Cessna Citation Longitude to Scotts Miracle-Gro. This jet represents the 8,000th Cessna Citation jet delivered worldwide. This is the fifth Cessna Citation in the company's fleet.
HZNP

Hot Stocks

11:03 EST Horizon Therapeutics announces results from post-marketing safety analysis - Horizon Therapeutics announced results from a new post-marketing safety analysis of hearing events associated with TEPEZZA for the treatment of Thyroid Eye Disease. These findings, along with data on the sustainability of response to TEPEZZA, were presented at the 48th Annual Meeting of the North American Neuro-Ophthalmology Society, Feb. 12-17, in Austin, Texas. TEPEZZA is the first and only medicine approved by the U.S. Food and Drug Administration for the treatment of TED - a serious, progressive and potentially vision-threatening rare autoimmune disease.1 Since the FDA approval in 2020, Horizon has conducted post-marketing monitoring to understand the overall safety profile of TEPEZZA, including hearing-related events. Among the thousands of patients included in this 19-month analysis, approximately 10% of all cases reported to the safety database have included a hearing-related event. The most frequently reported hearing event was hypoacusis, followed by tinnitus. The mean age of the patient, where known, was 59.3 years. No new safety concerns were observed in the post-marketing database.2 This is comparable with what was seen in the pooled OPTIC Phase 3 and OPTIC-X open-label extension trials for TEPEZZA. Hearing-related adverse events were reported in 9.5% of patients treated with TEPEZZA, which were mild or moderate in severity, versus 0% of patients who received placebo. Adverse events experienced in the clinical trials were manageable, with few discontinuations or therapy interruptions. A separate analysis presented at NANOS 2022 examined the sustainability of response to TEPEZZA over the follow-up periods from the Phase 2 and OPTIC Phase 3 clinical trials and the OPTIC-X open-label extension study. A total of 121 patients were analyzed, with 9 patients receiving additional medications and/or surgery during the follow-up periods. Of those with data available, the majority of patients treated with TEPEZZA were proptosis, diplopia and European Group on Graves' Orbitopathy composite outcome responders up to 51 weeks after their last infusion.
IBM

Hot Stocks

11:02 EST IBM acquires U.S. cloud services consultancy Neudesic - IBM (IBM) announced it has acquired Neudesic, a U.S. cloud services consultancy specializing primarily in the Microsoft (MSFT) Azure platform, along with bringing skills in multicloud. "This acquisition will significantly expand IBM's portfolio of hybrid multicloud services and further advance the company's hybrid cloud and AI strategy. IBM continues to invest in its hybrid cloud and AI strategy, expanding its cloud services technology, skills and capabilities to meet the growing demand of clients' hybrid cloud needs. Including Neudesic, IBM has acquired more than 20 companies -- 12 in IBM Consulting alone -- since Arvind Krishna became CEO in April 2020," the company stated. "As one of the leading cloud platforms, Microsoft Azure is key to many of our clients' ability to modernize and innovate. "Neudesic adds deep Azure cloud, data engineering and data analytics expertise to accelerate our clients' hybrid cloud journeys. This builds upon IBM's prior acquisitions of cloud transformation capabilities last year," added John Granger, Senior Vice President, IBM Consulting. Financial details of the deal were not disclosed. IBM and Neudesic signed a definitive agreement leading to today's acquisition in IBM's fourth quarter 2021.
KEYS SSNLF

Hot Stocks

11:02 EST Keysight, Samsung sign MOU to advance research, development of 6G tech - Keysight Technologies (KEYS) announced that the company has signed a memorandum of understanding with Samsung Research (SSNLF) to advance research and development of 6G technology, the next generation of wireless communication. Keysight joined forces with Samsung, to support the company's 6G vision of a hyper-connected world. 6G is expected to be built on technologies such as artificial intelligence (AI), sensing, digital twins, time-sensitive networking and holographic communications. The two companies will work together to develop test and verification technologies for 6G wireless systems.
MT

Hot Stocks

10:33 EST ArcelorMittal announces C$500M investment by Ontario in decarbonization project - ArcelorMittal confirmed with the Government of Ontario its plan for a roughly C$1.8B investment in decarbonization technologies at ArcelorMittal Dofasco's plant in Hamilton. "As announced in July, 2021, the investment will reduce annual CO2emissions at ArcelorMittal's Hamilton, Ontario operations by approximately 3 million tonnes, which represents approximately 60% of emissions. This means the Hamilton plant will transition away from the blast furnace-basic oxygen furnace steelmaking production route to the Direct Reduced Iron - Electric Arc Furnace production route, which carries a significantly lower carbon footprint. The project is scheduled to be complete by 2028, although the company is looking for opportunities to accelerate the project timelines," the company said. The investment was contingent on support from the governments of Canada and Ontario. In July 2021 the Government of Canada announced it will invest C$400M in the project and today, the Government of Ontario announced it will invest C$500M in the project. "This secures project funding and firms up the investment," ArcelorMittal stated.
WCC

Hot Stocks

10:26 EST Wesco: Supply chain constraints presents 'some uncertainty'
LDOS

Hot Stocks

10:26 EST Leidos notes investigation on potential violations of code of conduct - Leidos, on its Q4 earnings conference call, said that in late 2021, it discovered activities by certain employees and third parties raising concerns that there may have been violations of the company's Code of Conduct and potentially applicable laws, including the FCPA. Leidos said: "We're conducting an internal investigation led by an independent committee of our board and have retained outside counsel to investigate. We voluntarily self-reported our investigation to the DOJ and SEC."
WCC

Hot Stocks

10:23 EST Wesco sees FY22 adjusted EBITDA margin 6.7%-7%
COIN

Hot Stocks

10:11 EST Coinbase says to 'go broad and go deep' in approach to scale globally - In a post to the Coinbase blog, Nana Murugesan, VP, International and Business Development, wrote that "Coinbase will adopt a go broad and go deep approach to scale globally in order to further its mission of bringing more economic freedom to each and every individual and business around the world." Leadership roles are now "open across the globe to build our international presence," added the VP in the blog post. Reference Link
PFE

Hot Stocks

10:04 EST Pfizer announces EMA approval of 20-valent pneumococcal conjugate vaccine - Pfizer announced that the European Medicines Agency has approved the company's 20-valent pneumococcal conjugate vaccine, which will be marketed in the European Union under the brand name APEXXNAR. The vaccine is approved for active immunization for the prevention of invasive disease and pneumonia caused by Streptococcus pneumoniae in individuals 18 years of age and older. Today's authorization follows the recent positive opinion from the EMA's Committee for Medicinal Products for Human Use announced on December 17, 2021. The authorization is valid in all 27 EU member states plus Iceland, Lichtenstein, and Norway. The EMA had previously accepted review of Pfizer's Marketing Authorization Application for the 20-valent pneumococcal conjugate vaccine candidate in February 2021. The EMA authorization for APEXXNAR is based on evidence from a clinical program in adults, including Phase 1 and 2 trials, and three Phase 3 trials describing the safety and evaluating the immunogenicity of the vaccine. More than 6,000 adult subjects 18 years and older participated in the three Phase 3 trials, including adults 65 years of age and older. The populations included adults with stable chronic medical conditions, pneumococcal vaccine-naive adults, and adults with a history of prior pneumococcal vaccination.
WCC

Hot Stocks

10:04 EST Wesco: 2022 'off to an excellent start' - Comments taken from Q4 earnings conference call.
JBLU EADSY

Hot Stocks

10:01 EST JetBlue adds 30 Airbus A220s to order book - JetBlue (JBLU) announced an agreement to exercise its option to add 30 additional Airbus (EADSY) A220-300 aircraft to its order book, bringing the total number of A220s in the airline's fleet and on order to 100. The aircraft's strong economics and operational performance are a key to JetBlue's long-term cost performance, while also enabling more sustainable flying, greater flexibility to support JetBlue's network strategy, and the introduction of its all-new onboard experience to more customers.
FLNG

Hot Stocks

10:00 EST Flex LNG falls -7.9% - Flex LNG is down -7.9%, or -$1.73 to $20.17.
LABD

Hot Stocks

10:00 EST Daily S&P Biotech Bear 3x Shares falls -10.3% - Daily S&P Biotech Bear 3x Shares is down -10.3%, or -$4.09 to $35.55.
MDV

Hot Stocks

10:00 EST Modiv falls -15.9% - Modiv is down -15.9%, or -$9.99 to $53.00.
SPCE

Hot Stocks

10:00 EST Virgin Galactic rises 13.4% - Virgin Galactic is up 13.4%, or $1.09 to $9.23.
TAL

Hot Stocks

10:00 EST TAL Education rises 13.5% - TAL Education is up 13.5%, or 42c to $3.53.
JOBY

Hot Stocks

10:00 EST Joby Aviation rises 15.1% - Joby Aviation is up 15.1%, or 72c to $5.48.
KOS

Hot Stocks

09:47 EST Kosmos falls -7.5% - Kosmos is down -7.5%, or -34c to $4.29.
DDL

Hot Stocks

09:47 EST Dingdong falls -8.5% - Dingdong is down -8.5%, or -63c to $6.80.
CLR

Hot Stocks

09:47 EST Continental Resources falls -11.1% - Continental Resources is down -11.1%, or -$6.38 to $50.98.
ARCH

Hot Stocks

09:47 EST Arch Resources rises 10.1% - Arch Resources is up 10.1%, or $11.44 to $124.70.
SPCE

Hot Stocks

09:47 EST Virgin Galactic rises 10.4% - Virgin Galactic is up 10.4%, or 84c to $8.98.
JOBY

Hot Stocks

09:47 EST Joby Aviation rises 10.5% - Joby Aviation is up 10.5%, or 50c to $5.26.
BNTX

Hot Stocks

09:44 EST BioNTech, partners to provide update on Africa vaccine manufacturing - BioNTech said it will welcome project partners, among them official representatives, in Marburg to conduct a high-level meeting on sustainable vaccine manufacturing in the African Union. The meeting initiated by the kENUP foundation will be followed by public statements on February 16, 2022, the company said in a statement.
IMTE

Hot Stocks

09:42 EST Intergrated Media Technology Ltd trading resumes
BTC...

Hot Stocks

09:41 EST Crypto stocks rebound sharply as bitcoin rises above $44,000 - Stocks levered to bitcoin prices are tracking higher in early trading as the cryptocurrency jumped above $44,000 overnight - the highest level since February 10th. Bit Digital (BTBT) is 12% at $4.78, Riot Blockchain (RIOT) is up 9.0% at $19.60, Marathon Digital (MARA) is up 11% at $28.37, and Coinbase Global (COIN) is up 6% at $206.80.
IMTE

Hot Stocks

09:37 EST Intergrated Media Technology Ltd trading halted, volatility trading pause
T

Hot Stocks

09:36 EST FEMA awards AT&T four EIS contracts valued at $167M - The U.S. Department of Homeland Security Federal Emergency Management Agency awarded AT&T four separate contracts for modernized communications capabilities to help FEMA improve its ability to deliver its mission to help people before, during, and after disasters. The four Task Orders, awarded via the General Services Administration's Enterprise Infrastructure Solutions contract, are valued at more than ~$167 million over five years if all options are exercised.
HNRG

Hot Stocks

09:34 EST Hallador Energy, Hoosier Energy enter agreement to transfer ownership of Merom - Hallador Energy Companym through its new subsidiary Hallador Power Company, LLC, will acquire Hoosier Energy's 1-Gigawatt Merom Generating Station, located in Sullivan County, Indiana, in return for assuming certain decommissioning costs and environmental responsibilities. The transaction, which includes a 3.5-year power purchase agreement, is scheduled to close in mid-July 2022 upon obtaining required governmental and financial approvals. Per the agreement, Hoosier will purchase 100% of the plant's energy and capacity through May 2023, reducing purchases to 22% of energy output and 32% of its capacity beginning in June 2023 and through 2025. The companies' existing renewable PPA - signed in May 2021 and representing 150 MW of solar generation and 50 MW of battery storage - will be retained, with its start date delayed until Merom's eventual retirement. In January 2020, Hoosier Energy announced a new Long Range Resource Plan, which included the expected retirement of Merom in May 2023. Hoosier said at the time it would sell the plant if the right deal came to fruition. After entertaining interest from a number of different parties, the company found a unique partner in Hallador, which is able to operate the plant at a much lower cost given ownership and control of fuel supply. Hoosier will retain approximately 5,760 acres of land, which has potential for diverse economic redevelopment. Other benefits include elimination of millions of dollars in costs for plant decommissioning and long-term grounds maintenance. The new PPA provides additional capacity to Hoosier as well, another important element of the deal.
NNDM

Hot Stocks

09:31 EST Nano Dimension appoints Igal Rotem to board of directors - Nano Dimension announcef the appointment of Mr. Igal Rotem to the Board of Directors of the Company, effective immediately. Mr. Rotem will replace Dr. Eli David, who resigned from the Board, but will continue to serve as the Chief Technology Officer of the Company, leading the Company's Artificial Intelligence, Deep Learning and Machine Learning technologies. Since 2010, Mr. Rotem has served as the Chairman and later as the Chief Executive Officer of Finaro Bank.
TTOO

Hot Stocks

09:30 EST T2 Biosystems announces amendment, extension of CRG term loan agreement - T2 Biosystems announced the successful amendment and extension to its Term Loan Agreement with CRG Servicing LLC. The amendment extends both the interest-only period and the maturity date by one year from December 31, 2022 to December 31, 2023. No other material amendments were made to the Term Loan Agreement.
CSSE

Hot Stocks

09:29 EST Chicken Soup to launch free ad-supported Chicken Soup for the Soul streaming - Chicken Soup for the Soul Entertainment announced that its free ad-supported Chicken Soup for the Soul streaming service AVOD will launch shortly with thousands of hours of family-friendly movies and television series including, feel-good movies, food, home and travel series, lifestyle and parenting shows. Hundreds of hours of exclusive content will be from Kin Community, Reel One, the Sonar library, and Chicken Soup for the Soul Originals. The Chicken Soup for the Soul streaming service is currently available as a FAST channel on Plex, FreeCast, Redbox, LG Channels, Stirr, XUMO, VIZIO's free streaming service, WatchFree+, with the VOD launch of the service coming soon.
EVC ROKU

Hot Stocks

09:28 EST Entravision teams with Roku as streamer's media advertising partner in Mexico - Entravision (EVC) announced that the Company has partnered with Roku (ROKU), to serve as Roku's media advertising partner in Mexico. Entravision will help brands effectively reach consumers by advertising on the Roku streaming platform. As more consumers are moving to TV streaming, advertisers can reach them by moving budgets into TV streaming. Through Roku's advertising solutions, brands and marketers can reach audiences at scale on the Roku platform. Entravision, as Roku's trusted partner, will serve as an advertising partner in Mexico to work with brands interested in advertising through the Roku platform. "Entravision is very excited to partner with Roku, the pioneer in television streaming, as they begin advertising in Mexico," said Juan Saldivar, Entravision's Chief Digital, Strategy and Accountability Officer. "Through our partnership, Entravision will be able to connect brands and marketers in Mexico with Roku's advertising solution, in order to reach TV streamers on the Roku streaming platform." Saldivar continued, "Entravision has extensive digital marketing expertise for companies looking to tap into growing Latino audiences, including in Mexico. We look forward to leveraging our expertise and local market connections to support Roku's global advertising growth."
CLRO

Hot Stocks

09:25 EST ClearOne says PTAB of U.S. PTO upholds '653 Patent' in Shure challenge - The Patent Trial and Appeal Board, PTAB, of the United States Patent and Trademark Office, PTO issued a final written decision in case no. PGR2020-00079 confirming the patentability of all claims of U.S. Patent No. 10,728,653 owned by ClearOne. Shortly after the '653 patent issued in mid-2020, Shure, Incorporated initiated the case in yet another attempt to disrupt ClearOne's patent rights, but the PTAB rejected each and every one of Shure's seven challenges. The '653 Patent covers aspects of ClearOne's revolutionary innovations in beamforming microphone arrays . Specifically, the '653 Patent relates to "a ceiling tile combined with [a] beamforming microphone array" that includes acoustic echo cancellation and "adaptive acoustic processing that automatically adjusts to a room configuration." "Shure's strategy backfired," said ClearOne President and CEO Zee Hakimoglu, who added, "the PTAB found that the claims of the '653 Patent are clear, broad, well described and enabled, and represent nonobvious improvements over earlier technology." This is not the first time Shure has unsuccessfully tried to invalidate a ClearOne patent. In an earlier legal dispute, first the PTAB in case no. IPR2017-01785 and then the U.S. Court of Appeals of the Federal Circuit in case no. 201901755 rejected Shure's attempt to invalidate ClearOne's U.S. Patent No. 9,264,553, which covers aspects of ClearOne's revolutionary innovations in beamforming microphone arrays.
DLPN

Hot Stocks

09:24 EST Dolphin Entertainment takes ownership position in FanJolt - Dolphin Entertainment has taken an ownership position in FanJolt, a new online, experiential platform creating interactions between fans and a curated list of talent to support their favorite causes. FanJolt offers fans the opportunity to speak directly with their favorite celebrity during live broadcasts. Dolphin manages all aspects of creative, publicity and marketing for the platform through its network of agencies and will facilitate talent and commercial relationships within the entertainment industry.
IMTE

Hot Stocks

09:23 EST Integrated Media Technology secures three containers of durian products - Integrated Media Technology announces its subsidiary, World Integrated Supply Ecosystem has secured a minimum of 3 containers of durian product for sale in April pursuant to a supply agreement with CSL Durian Holding Sdn. Bhd. WISE is expected to take delivery and sell these durians in April to the Asia and China markets. Additional supply of containers of durian will depend on WISE's sales orders. WISE is a Malaysia company engaged in the business of the provision of Halal certification to qualified businesses / operations, the establishment of Halal products supply chain, and sale of Halal products.
AVAV

Hot Stocks

09:21 EST AeroVironment awarded $8.54M DoD contract - AeroVironment announced it received a $8.54M firm-fixed-price U.S. Department of Defense Foreign Military Sales, or FMS, contract award on January 27 to provide Puma 3 AE small unmanned aircraft systems, or UAS, initial spares packages, training and support to an allied nation. Delivery is anticipated by November.
GSM

Hot Stocks

09:19 EST Ferroglobe announces approval of EUR 34.5M in financing - Ferroglobe is pleased to announce that Spanish Fund for supporting strategic companies, on a proposal of Sociedad Estatal de Participaciones Industriales, a Spanish state-owned industrial holding company affiliated with the Ministry of Finance and Administration, has approved EUR 34.5 million in loans to Spanish companies Grupo Ferroatlantica, S.A.U. and Grupo Ferroatlantica de Servicios, wholly owned subsidiaries of the Company. In the coming days it will be submitted to the Council of Ministers for authorisation. These loans are part of the SEPI fund intended to provide assistance to non-financial companies operating in strategically important sectors within Spain in the wake of the COVID-19 pandemic. The EUR 34.5M has been funded using a dual-tranche loan, with EUR 17.25M maturing in February 2025 and EUR 17.25M maturing in June 2025. EUR 16.9M of the loan carries a fixed interest rate of 2% per annum, and interest on the remaining EUR 17.6M is calculated as IBOR plus a spread of 2.5% in the first year, 3.5% in the second and third years and 5.0% in the fourth year, plus an additional 1.0% payable if the result before taxes of the Beneficiaries is positive. The loans are guaranteed by the Company and certain of its subsidiaries. Funding of the loans is expected around the end of the first quarter 2022.
MTBC

Hot Stocks

09:18 EST CareCloud announces redemption of $20M Series A preferred stock - CareCloud announced that it is redeeming 800,000 shares of its 11% Series A Cumulative Redeemable Perpetual Preferred Stock, representing approximately 15% of the approximately 5,300,000 issued and outstanding shares of Series A Preferred Stock with a total liquidation preference of $20,000,000. The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the redemption date of March 18, 2022 in an amount equal to $0.1375 per share, for a total payment of $25.1375 per share. From and after the Redemption Date, dividends on the Redeemed Shares will cease to accumulate, the Redeemed Shares will no longer be outstanding, and all rights of the holders of such shares will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest. Regular dividends on the outstanding shares of Series A Preferred Stock of $2.75 per share will be paid separately on March 15, 2022 to holders of record as of the close of business on February 28, 2022, in the customary manner. Accordingly, the redemption price for the Series A Preferred Stock will not include such dividends, but it will include a partial month dividend from March 1, 2022 up to, but not including, the Redemption Date.
IMTE

Hot Stocks

09:18 EST Integrated Media Technology secures a three containers of durian products - Integrated Media Technology announces its subsidiary, World Integrated Supply Ecosystem has secured a minimum of 3 containers of durian product for sale in April pursuant to a supply agreement with CSL Durian Holding Sdn. Bhd. WISE is expected to take delivery and sell these durians in April to the Asia and China markets. Additional supply of containers of durian will depend on WISE's sales orders. WISE is a Malaysia company engaged in the business of the provision of Halal certification to qualified businesses / operations, the establishment of Halal products supply chain, and sale of Halal products.
CTXR

Hot Stocks

09:17 EST Citius receives FDA permission to proceed with Halo-Lido for hemorrhoids study - Citius Pharmaceuticals announced that the FDA has issued a Study May Proceed letter for Halo-Lido for the treatment of hemorrhoids. The Company is addressing recommendations made by the FDA and anticipates initiating a Phase 2b clinical study in the first half of 2022. Halo-Lido is a proprietary topical formulation of halobetasol and lidocaine that is intended to provide symptomatic relief to individuals suffering from hemorrhoids. Hemorrhoids are a gastrointestinal disorder characterized by pain, swelling, itching, tenderness, and bleeding.
PAE

Hot Stocks

09:17 EST PAE closes merger with affiliate of Amentum Government Services - PAE Incorporated announced the completion of its acquisition by an affiliate of Amentum Government Services Holdings LLC for approximately $1.9 billion in cash, including the assumption of debt and certain fees. The Merger was previously announced on October 25, 2021, and PAE's stockholders approved the Merger at a special meeting of stockholders held on February 10, 2022. As a result of the Merger, PAE common stock and warrants have ceased trading on, and will be delisted from, the Nasdaq stock exchange. Trading in PAE common stock and warrants was suspended prior to the opening of business today. Upon completion of the Merger, PAE stockholders became entitled to receive $10.05 in cash, without interest and less applicable withholding taxes, for each share of PAE common stock they own. As provided in the Form 8-K filed by PAE with the Securities and Exchange Commission on February 15, 2022, upon the closing of the Merger, each warrant exercisable for shares of PAE common stock outstanding immediately prior to the closing was adjusted as described in the Notice to Holders of Company Warrants.
SBFM

Hot Stocks

09:15 EST Sunshine Biopharma announces pricing of $8M public offering, uplisting - Sunshine Biopharma announced the pricing of its underwritten public offering of 1,882,353 units at a price to the public of $4.25 per unit, for aggregate gross proceeds of $8 million, prior to deducting underwriting discounts, commissions and other estimated offering expenses. Each unit consists of one share of common stock, par value $0.001 per share, and two warrants, each warrant exercisable for one share of common stock. The common stock and warrants are immediately separable from the Units and will be issued separately. The warrants are exercisable immediately, expire five years from the date of issuance and have an exercise price of $4.25. In addition, the Company has granted Aegis Capital Corp. a 45-day option to purchase additional shares of common stock and/or warrants equal up to 15% of the number of shares and warrants, respectively, sold in the offering solely to cover over-allotments, if any. The purchase price to be paid per additional share of common stock will be equal to the public offering price of one unit , less the underwriting discount. The purchase price to be paid per additional warrant will be $0.01. If Aegis exercises the option to purchase only such warrants, additional proceeds will be nominal. If Aegis exercises the option in full for common stock and warrants, the total gross proceeds of the offering including the overallotment are expected to be approximately $9.2 million before deducting underwriting discounts and commissions and offering expenses. The offering is expected to close on or about February 17, 2022, subject to customary closing conditions. The Company also announced that, in connection with the offering, its common stock and warrants have been approved for listing on the Nasdaq Capital Market and will begin trading on the Nasdaq Capital Market under the symbols "SBFM" and "SBFMW" on February 15, 2022. Aegis Capital Corp. is acting as sole book-running manager for the offering.
IMTE

Hot Stocks

09:14 EST Integrated Media Technology secures a three containers of durian products - Integrated Media Technology announces its subsidiary, World Integrated Supply Ecosystem has secured a minimum of 3 containers of durian product for sale in April pursuant to a supply agreement with CSL Durian Holding Sdn. Bhd. WISE is expected to take delivery and sell these durians in April to the Asia and China markets. Additional supply of containers of durian will depend on WISE's sales orders. WISE is a Malaysia company engaged in the business of the provision of Halal certification to qualified businesses / operations, the establishment of Halal products supply chain, and sale of Halal products.
KULR

Hot Stocks

09:13 EST Andretti expands relationship with KULR Technology - KULR Technology Group has joined five-time Indy 500 championship winning team, Andretti Autosport, to serve as the primary sponsor of Marco Andretti's No. 98 Honda for the 106th Running of the Indianapolis 500 Presented by Gainbridge. The 2022 Greatest Spectacle in Racing will mark the third-generation driver's 250th INDYCAR career start. KULR Technology Group first joined Andretti Technologies, the advanced technology arm of Andretti Autosport, and sister team, Andretti United Extreme E, in 2021 as the official thermal management and battery safety technical partner. The goal of the ATEC partnership focuses on transferring aerospace knowledge onto the racetrack. KULR's expertise with lightweight, high-performance thermal management solutions through space exploration provides the opportunity to implement new cooling technology, battery cell architecture and testing methodologies within the high performance and high-power applications across the motorsport landscapes.
AMIH

Hot Stocks

09:12 EST American International Holdings launches EPIQ Scripts - American International Holdings is pleased to announce the launch of EPIQ Scripts, an online mail-order pharmacy with a specific target to service customers and patients through the growing number of telemedicine companies entering into the market. EPIQ Scripts will initially focus its efforts on obtaining licenses and accreditations in key states with plans to ultimately secure licenses and accreditations in all 50 states across the U.S. EPIQ Scripts will be led by pharmacy and healthcare industry veterans, Sultan Haroon and Maja Matthews, who collectively have over 40 years of experience in healthcare, pharmacy ownership, operations, and management.
MSGM

Hot Stocks

09:11 EST Motorsport Games announces Next Gen car for NASCAR 21: Ignition - Motorsport Games announces the addition of NASCAR's Next Gen car to NASCAR 21: Ignition, the officially licensed video game. The Next Gen car update will be available starting Thursday, February 17, 2022 within a new "Test Drive mode" for players on all platforms. "Our development team couldn't be happier about adding Next Gen cars to the current iteration of Ignition, especially prior to the kickoff of the 2022 NASCAR season," said George Holmquist, Vice President of Publishing and Marketing at Motorsport Games. "We have shared in the excitement of our players and NASCAR fans with this highly anticipated game addition. We made sure to recreate the Next Gen car as close to its real-life counterpart as possible and we can't wait for everyone to get acclimated with driving the newest stock car in-game, just like the drivers will be throughout the year."
PRGS

Hot Stocks

09:10 EST Progress Software says Bechtle leveraging Progress WhatsUp Gold - Progress announced that Bechtle IT System House Bonn/Cologne is leveraging Progress WhatsUp Gold, the IT infrastructure monitoring software, to monitor thousands of devices within its client network and to automatically detect new ones, reducing operational risks and keeping customer satisfaction high.
XFLS

Hot Stocks

09:09 EST XFuels completes audit of historical financial statements - Xfuels announces the completion of an external accounting audit of its 2019 and 2020 financial statements. The finalization of this audit lays a foundation for Xfuels to once again have its common shares freely traded in Canada, and for Xfuels to qualify to file as a fully reporting issuer with the United States Securities and Exchange Commission. Further, Xfuels now expects to qualify for listing on OTC Markets Group's OTCQB Venture Market in the United States.
STAB

Hot Stocks

09:09 EST Statera BioPharma announces Central IRB approval of Phase 3 trial for STAT-201 - Statera Biopharma announced that it has received Central Institutional Review Board, IRB, approval to conduct a Phase 3 clinical trial for STAT-201 in the treatment of pediatric Crohn's Disease, CD, a chronic relapsing inflammatory condition of the gastrointestinal tract. "IRB approval to proceed with our Phase 3 trial is an important step for the development of STAT-201, one that potentially may lead to better treatment for pediatric patients whose lives are significantly impacted by the physical and emotional burdens of CD," said Michael Handley, President and CEO of Statera Biopharma. "STAT-201, our most advanced drug candidate, is an immune modulator that can provide for the restoration of mucosal healing and intestinal barrier function as an adjunct to standard of care in CD." The Multicenter, Randomized, Double-Blind, Placebo-Controlled, Parallel-Group Study of the Efficacy and Safety of STAT-201 in Pediatric Patients Aged 12 to 17 years with Active Crohn's Disease, will evaluate the safety and efficacy of STAT-201 compared to placebo in establishing remission in pediatric CD patients.
GTEH

Hot Stocks

09:08 EST GenTech announces expansion of retail footprint for Fizzique - GenTech Holdings is proud to announce that its retail footprint for its brand Fizzique has now embarked on an exciting new era of growth with orders from several national retailers and regional health store power houses. With its first orders coming from UNFI for various retail chains that will soon be unveiled, these exciting new orders are being dispatched nationwide from York, PA through Greenwood, IN to Riverside CA. As well, Kingdom Nutrition Hutton Texas are to receive their first inventory of Fizzique within 10 days with Max Muscle in Modesto, CA receiving their inventory last week. Online retailer Muscle and Strength are also in the process of adding all four of the Fizzique flavors to their website after having placed a significant order for the product and customers are expected to be able to place orders online by the end of this week.
CBT

Hot Stocks

09:07 EST Cabot announces construction-start to Indonesian specialty compounds facility - Cabot Corporation announced the groundbreaking of a new specialty compounds facility in Cilegon, Indonesia. The new facility is co-located with Cabot's existing carbon black manufacturing site and will add 20,000 metric tons of annual global capacity for specialty compounds, including black masterbatch and conductive compounds. It is expected that the facility will be operational at the end of 2022. The new capacity will provide a reliable, local supply to support the increasing need for specialty compounds in the rapidly growing masterbatch and conductive compounds market in Southeast Asia and globally. This demand is driven by economic growth in the region as well as the evolving mobility landscape, increases in sustainable infrastructure developments and a rise in the production of electrical devices to support global connectivity needs. The specialty compounds facility will incorporate Cabot's latest technology advances into the plant design and operations. Additionally, being co-located with Cabot's existing carbon black facility will enable Cabot to utilize integrated site economics through manufacturing efficiencies and reduced waste, including the use of recovered waste-heat energy from the carbon black facility. This will reduce the environmental impact of the project in alignment with Cabot's recently announced ambition to achieve net zero carbon emissions globally by 2050.
HIMS

Hot Stocks

09:07 EST Hims & Hers announces partnership with GNC - Hims & Hers announced a partnership with health and wellness brand GNC to offer consumers health and wellness solutions at select GNC stores nationwide as well as online at GNC.com. Hims & Hers hair care offerings are now available on GNC.com and select stores.
PUBM

Hot Stocks

09:07 EST PubMatic announces results from partnership with MiQ - PubMatic announced results from its partnership with MiQ, a global programmatic media partner for marketers and agencies. "Together, the companies have leveraged new and sustainable addressability solutions to drive increased advertiser ROI in environments without third-party cookies, while enhancing consumer privacy. In a recent campaign, PubMatic's Audience Encore helped MiQ outperform cookie-based campaigns," the company said. The PubMatic and MiQ partnership delivers a multi-solution approach to help advertisers build a comprehensive and complementary strategy for the safe, data-driven advertising of the future. Utilizing PubMatic's Audience Encore, MiQ ran a series of campaigns split 50/50 using RampID, LiveRamp's people-based identifier, and third-party cookies respectively. Highlights from the partnership include: Averaged more than 65% unique reach over cookie-based campaigns; Campaigns in Safari generated more than double the reach of those using cookies; 57% better CPM for PMP campaigns including IDs vs. cookie-based PMPs
CVS

Hot Stocks

09:06 EST CVS Health simplifies access to at-home COVID-19 test kits - Starting Feb. 15, eligible CVS Health consumers can visit CVS.com or the CVS App to utilize a new digital service that simplifies the process for locating, ordering, and picking up at-home COVID-19 test kits with zero upfront out-of-pocket cost and without the need for the consumer to submit a claim to their health insurance provider. Consumers can enter their insurance information when checking out online and CVS Pharmacy will process the claim with the individual's health insurance provider on their behalf. Consumers will receive email or text message notifications with updates on their order status, including when to head to a participating CVS Pharmacy location for fast and easy store pickup using their name and order number. Members of select insurance plans may also access tests with no up-front cost by visiting the pharmacy counter at their local CVS Pharmacy.
AVGO

Hot Stocks

09:06 EST Broadcom announces availabilty of Brocade G730 Switch - Broadcom announced the availability of the industry's most secure and highest density Gen 7 64G Fibre Channel switch platform- the Brocade G730 Switch, a 128-port core switching platform for the autonomous SAN. Additionally, the company today also announced the industry's first double density 64G Fibre Channel optical transceiver that expands the port density for the Brocade G730 and G720 switches. Brocade Gen 7 Fibre Channel safeguards and modernizes the SAN against cybersecurity and business continuity challenges that threaten to disrupt data center operations. Gen 7 is the most cyber resilient network for storage, protecting enterprises against cybersecurity threats as well as disruptions or outages from catastrophic events.
SI

Hot Stocks

09:05 EST Silvergate Capital expands Silvergate Exchange Network to include euros - Silvergate Capital announced Euro SEN, an expansion of the Silvergate Exchange Network to enable customers to transfer euros in near real-time, 24 hours a day, 7 days a week. "The SEN, which recently crossed $1T in cumulative payment volumes, is integral to the everyday operations of our digital currency customers," said Alan Lane, chief executive officer of Silvergate. "The launch of Euro SEN is an extension of our commitment to building a superior payments platform, and we are excited that our customers can now move euros 24/7 just as they do U.S. dollars." Euro SEN was built using the same technology as the existing U.S. dollar SEN payment rails and enables customers to send euros to other Silvergate customers with immediate access to funds. Additionally, customers can seamlessly convert euros to and from U.S. dollars in near real-time. The technology, which is accessible through Silvergate's proprietary API and its online banking platform, allows digital currency exchanges and institutional investors to limit exposure to overnight price fluctuations around the world and take advantage of additional trading opportunities.
ALGT

Hot Stocks

09:05 EST Allegiant Travel reports preliminary January traffic up 77.8% y/y - Reports January capacity up 47.6% y/y; Load factor up 11.7 pts; Passengers up 72.1%. All figures reported on y/y basis.
FMCC

Hot Stocks

09:05 EST Freddie Mac announces automated assessment of direct desposit income - Freddie Mac announced that the company will launch a new, automated capability that allows mortgage lenders to assess a prospective homebuyer's income paid through direct deposit to reduce the paper documentation burden on borrowers so they can close loans faster and simplify the lending process. This income assessment solution is available to mortgage lenders nationwide through Freddie Mac's Loan Product Advisor asset and income modeler. AIM for income using direct deposits provides these cost-saving efficiencies, while continuing to meet Freddie Mac's strong credit underwriting standards.
EAST

Hot Stocks

09:05 EST Eastside Distilling sells 798 barrels of whiskey for $1.5M - Eastside Distilling announced that it sold 798 barrels of whiskey for $1.5M. These barrels of 95% rye whiskey ranged in age from three-year-old to eight-year-old and were in excess to Eastside's 5-year product release plan. "The sale of these barrels addresses a surplus in our inventory and has the added benefit of freeing capital for other projects," said Eastside's CEO Geoffrey Gwin. The 798 superfluous barrels sold were not intended to be part of any Eastside's existing or upcoming products. The sale included 33 barrels of 8-year-old, 57 barrels of 7-year-old, 365 barrels of 5-year-old, 20 barrels of 4-year-old, and 323 barrels of 3-year-old 95% rye whiskey.
CARG

Hot Stocks

09:05 EST CarGurus' CarOffer reaches milestone of 10,000 enrolled dealer rooftops - CarOffer, part of the CarGurus network, announced it has enrolled 10,000 dealer rooftops on its automated instant wholesale vehicle trade platform. The benchmark comes two and a half years after launching its Buying Matrix platform. "It's hard to believe that CarOffer's first transaction was only two and a half years ago," said Bruce Thompson, Founder and CEO of CarOffer. "When we launched the product, we weren't sure how quickly dealers would adopt an inventory trading platform completely foreign to anything they had ever encountered. That said, it was evident the industry needed a radical change, as decades-old inventory sourcing and liquidation methods were inefficient, manual and time intensive. So, we put everything on the line to create a platform that is one of a kind. I am so proud of the CarOffer teammates who have supported our vision from the very beginning, as this milestone would not have been possible without their ambitions and tenacity. We always had lofty aspirations but enrolling 10,000 dealer rooftops this early in 2022 exceeded even our highest expectations. I owe everything to the incredible team we have built and truly believe this is the only group of individuals that could have pulled off this significant achievement."
MEDS

Hot Stocks

09:04 EST Trxade Health, Exchange Health form pharmaceutical platform joint venture - TRxADE Health announced the formation with Exchange Health of a joint venture, SOSRx, a pharmaceutical platform. SOSRx will provide pharmaceutical manufacturers a single platform to optimize the sale and distribution of their inventory directly to large pharmaceutical buyers across multiple classes of trade. SOSRx opens the market to short dated, over stock and slow-moving pharmaceuticals that would otherwise be subject to destruction. TRxADE anticipates growth in 2022 as more progressive manufacturers are expected to address the public need for enhanced medication accessibility and reliable supply of cost-effective pharmaceuticals.
SNII RGTI

Hot Stocks

09:04 EST Rigetti Computing announces commercial availability of 80-qubit quantum system - Rigetti Holdings announced the commercial availability of its 80-qubit quantum system, Aspen-M. The system is available to the company's direct and distribution customers through Rigetti Quantum Cloud Services. Rigetti also reported results of system speed tests run on Aspen-M.
SHIP

Hot Stocks

09:03 EST Seanergy Marine regains compliance with Nasdaq minimum bid price requirement - Seanergy Maritime announced that the Nasdaq Stock Market has confirmed that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) concerning the minimum bid price of the Company's common stock and the matter is now closed.
GRUB

Hot Stocks

09:02 EST Grubhub launches Grubhub Goods brand nationwide - Grubhub announced national availability of its branded convenience concept, Grubhub Goods. Grubhub now offers on-demand convenience delivery to diners from more than 3,000 Grubhub Goods locations across the country. This nationwide expansion is in collaboration with 7-Eleven and follows a successful pilot in New York of more than a dozen Grubhub Goods locations offered with 7-Eleven in Manhattan. The Grubhub Goods locations with 7-Eleven reach the vast majority of Grubhub's diners nationwide and feature a selection of 7-Eleven's most popular convenience items, including energy drinks, ice cream, personal care products and more delivered by Grubhub drivers.
ATNX IBRX

Hot Stocks

09:02 EST Athenex announces completion of sale of Dunkirk manufacturing facility - Athenex (ATNX) announced the close of the sale of its leasehold interest in a manufacturing facility in Dunkirk, New York, to ImmunityBio (IBRX), for approximately $40M. "We are pleased with the opportunity to partner with ImmunityBio on the sale of our leasehold at the Dunkirk facility," said Jeffrey Yordon, Chief Operating Officer, President Athenex Pharmaceutical Division, "They are well positioned to build on the foundation that we established in this state-of-the-art facility, and we look forward to continuing to work with the Dunkirk team in the future as a contract manufacturing partner." A portion of the proceeds from the deal announced on January 12, 2022 will be used to service the Company's debt obligations, and for other general corporate purposes.
FDS

Hot Stocks

08:57 EST FactSet announces commencement of senior notes offering - FactSet Research Systems announced the commencement of an offering of a series of five-year senior notes and a series of ten-year senior notes pursuant to an effective shelf registration statement filed with the U.S. Securities and Exchange Commission. The Notes will be senior unsecured obligations of FactSet Research Systems Inc. FactSet intends to use the net proceeds of the offering, together with borrowings under its proposed new senior unsecured credit facilities and cash on hand, to finance the consideration for the proposed acquisition of CUSIP Global Services from S&P Global Inc. refinance FactSet's existing credit facilities and pay transaction fees related to the proposed CGS Transaction.
MAR

Hot Stocks

08:57 EST Marriott could restart capital returns later this year, executive says
SRAD

Hot Stocks

08:55 EST Sportradar enters multi-year agreement with USFL - The United States Football League, USFL, a new professional football league launching in April, announces a foundational partnership with Sportradar. The multi-year agreement, reached following a competitive bid process, establishes Sportradar as the Official Sports Data Partner of the USFL and the league's official integrity partner. Under terms of the agreement, Sportradar will develop new data collection and delivery systems for the league and its related businesses, including media and gaming, and will provide data to betting operators advertising during USFL telecasts. Additionally, as the league's official integrity partner, Sportradar will conduct bet monitoring and reporting via its Universal Fraud Detection System. "The fast, accurate and reliable data that Sportradar provides to the marketplace will be crucial to the USFL engaging its audience as the league establishes itself on the American sports landscape," said Ed Blonk, Chief Commercial Officer, Sportradar. "And, with the backing of Sportradar's industry-leading integrity services, the USFL is taking a proactive step to protect its brand and safeguard the league from match-fixing and betting-related corruption."
AGRI

Hot Stocks

08:55 EST AgriFORCE Growing Systems to acquire Delphy for $29M - AgriFORCE Growing Systems announced that it has entered into a definitive agreement to acquire Delphy Groep BV, a Netherlands-based AgTech consultancy firm, for $29M through a combination of cash and stock. This definitive agreement follows the binding LOI as previously announced in October 2021. Delphy, which optimizes production of plant-based foods and flowers, has multinational operations in Europe, Asia, Russia, Kazakhstan, and Africa, with approximately 200 employees and consultants. Delphy's client list includes agriculture companies, governments, universities, and leading AgTech suppliers, who turn to the company to drive agricultural innovation, solutions, and operational expertise. Delphy achieved 2020 annual consulting audited revenues of more than $26M and EBITDA of $3M. Delphy expects to end 2021 with revenues of $28M The AgriFORCE acquisition of Delphy is expected to provide the following strategic benefits: Delphy has generated strong historical financial performance and consistent growth. AgriFORCE plans to build on this growth through expansion of Delphy's consulting operations, establishment of a research and development center in North America, facilitating higher penetration of its Asian markets, as well as expanding AgriFORCE's operations in international markets where Delphy has an established presence. Accelerated deployment of the AgriFORCE GrowHouse and related IP by leveraging Delphy's extensive experience, established customer base, and deep industry relationships. Delphy's deep industry knowledge and experience complements AgriFORCE's M&A strategy by being uniquely positioned in identifying regional and international AgTech opportunities. Delphy is at the forefront of knowledge and IP development and research, which the Company plans to augment with increased revenue from technical solutions in the controlled-environment agriculture vertical. Ability to expand AgriFORCE's IP development and increase innovation through Delphy's Improvement Centers, its center of excellence R&D facilities, and its relationships with governments and premier AgTech universities. Delphy brings a team of industry leaders in AgTech and a market-leading consulting brand to AgriFORCE. The transaction closing is expected to occur within 60 days of the signing date. Post-closing, it is anticipated that Delphy will become a subsidiary of AgriFORCE and will be operated by its current management team.
CNDT

Hot Stocks

08:54 EST Conduent awarded three 8-year contract renewals from NY tolling authorities - Conduent Transportation, a global business unit of Conduent Incorporated, announced it was awarded three 8-year contract renewals from the tolling authorities of New York, NY, to provide upgraded E-ZPass account management systems, as well as license plate identification solutions for the state's Tolls by Mail program. The contracts support the Metropolitan Transportation Authority, MTA, Bridges and Tunnels, the New York State Thruway Authority, NYSTA, and the Port Authority of New York and New Jersey, which, when combined, oversee the largest tolling operation in the United States. "We're honored that the New York Authorities have again placed their trust in our Conduent team to maintain their critical solution needs for reliable, accurate financial and account management systems. We are thrilled to extend our three-decades-long partnership with the state," said Mark Brewer, President, Transportation Solutions at Conduent. "This award represents confidence in our global strategy to deliver modern transportation solutions as we provide smart technologies to benefit the environment and create improved driving experiences for millions of travelers." Conduent will provide modernized transaction processing, account management and financial management systems, as well as integrated invoice mailing, payment processing, and license plate identification solutions and services for customers. Pending federal approval, it will also support the country's first congestion pricing program when launched in New York City.
BDRBF

Hot Stocks

08:53 EST Bombardier announces notices of parital redemption of senior notes - Bombardier announced that it has issued a notice of partial redemption for $200 million principal amount of its outstanding 7.500% Senior Notes due 2024, and a notice of partial redemption for $200 million principal amount of its outstanding 7.500% Senior Notes due 2025. As set forth in the notice of redemption issued today in respect of the 2024 Notes, the redemption date is March 17, 2022, and the redemption price for the 2024 Notes is 103.750% of the principal amount redeemed, plus accrued and unpaid interest. As set forth in the notice of redemption issued today in respect of the 2025 Notes, the redemption date is March 17, 2022, and the redemption price for the 2025 Notes is 101.250% of the principal amount redeemed, plus accrued and unpaid interest.
SNII...

Hot Stocks

08:53 EST Rigetti Computing, Nasdaq team-up to pursue quantum applications - Rigetti Computing (RGTI) announced a collaborative agreement with Nasdaq (NDAQ) to pursue the development of quantum applications to help solve high-impact computational problems in the financial industry. The efforts will be powered by Rigetti Quantum Cloud Services, featuring Rigetti's 80-qubit "Aspen M" series quantum processor - the quantum computing industry's first commercial multi-chip processor. "We believe quantum computing has enormous potential for the financial industry and that our Aspen-M series processor is capable of providing the performance, speed, and scale necessary to help forward-leaning companies like Nasdaq adopt quantum computing technology and apply it to critical computational problems," said Chad Rigetti, founder and CEO of Rigetti. "Nasdaq is a remarkably innovative company that has consistently used new technology to stay ahead and transform their business. Their pioneering industry leadership is a perfect match for us." Rigetti and Nasdaq will work together to evaluate financial applications that may benefit from the ability of quantum computing to solve computational problems with improved accuracy, speed, or cost. Rigetti announced in October it has entered into a definitive merger agreement with Supernova Partners Acquisition Company II (SNII), a publicly traded special purpose acquisition company.
MAR

Hot Stocks

08:51 EST Marriott sees pace of recovery picking up in February, March
MAR

Hot Stocks

08:50 EST Marriott: Too much uncertainty to give specific RevPAR, earnings guidance
JSDA

Hot Stocks

08:49 EST Jones Soda completes acquisition of Canadian reporting issuer - Jones Soda announces that it completed the previously announced acquisition of all the issued and outstanding common shares of Pinestar Gold by way of a plan of arrangement under the Business Corporations Act. As part of the Arrangement, the obligations in respect of each share purchase warrant of Pinestar were assumed by Jones and each such remaining warrant became exercisable into one share of Jones Common stock at a price of Cdn$0.06 per share. Completion of Concurrent Financing: In connection with the Arrangement, Pinestar completed an offering for subscription receipts for aggregate gross proceeds of US$8,000,000, at a price per Subscription Receipt equal to US$0.50. "By completing the Arrangement and Concurrent Financing we have taken a significant step towards the implementation of the Company's planned expansion into the cannabis sector. The proceeds from the Concurrent Financing will be used towards the development of the Company's planned Cannabis-infused beverages and edibles business line and the acquisition of Pinestar has enabled us to become a public reporting company in Canada," said Mark Murray, President and Chief Executive Officer of Jones. Listing on the Canadian Securities Exchange: The Canadian Securities Exchange has conditionally approved the listing of the Jones Shares on the CSE. Final approval for listing of the Jones Shares on the CSE will be subject to Jones fulfilling certain standard conditions of the CSE set out in its conditional acceptance letter. Changes to Board of Directors: In connection with the closing of the Arrangement, the Company is pleased to announce that Alex Spiro and Chad Bronstein were appointed by the Company's board of directors to serve as directors on the Board until the Company's next annual meeting of stockholders.
ADN

Hot Stocks

08:49 EST Advent Technologies awarded $2.2M in new contracts - Advent Technologies announced the signing of new contracts with manufacturers of clean power generation and energy storage solutions for the delivery of electrochemistry components. The contracts were signed in Q4 and have a combined value of $2.2M. Advent began delivering electrochemistry components in Q4 and deliveries are expected to continue through September. The vast majority of the new business is from North American based customers.
GRWG MANH

Hot Stocks

08:48 EST GrowGeneration selects Manhattan Active Point of Sale for omnichannel sales - Manhattan Associates (MANH) announced GrowGeneration (GRWG) has selected Manhattan Active Point of Sale to support its future growth and deliver a customer-centric shopping experience.
MAR

Hot Stocks

08:48 EST Marriott sees FY22 gross rooms growth approching 5%, deletions 1%-1.5%
JAGX

Hot Stocks

08:48 EST Jaguar Health's Italian affiliate Napo Therapeutics granted SME by EMA - Jaguar Health and Napo Therapeutic, an Italian corporation established by Jaguar Health in Milan, Italy, announced that Napo Therapeutics has been granted Small and Medium Enterprise designation by the European Medicines Agency ."We are very pleased to have received SME designation, which allows us to benefit from financial incentives and support from the EMA as we aim to provide access to crofelemer in Europe for significant rare/orphan diseases," said Massimo Mineo, General Manager of Napo Therapeutics. The SME designation was established by the EMA to promote innovation and the development of new medicinal products by smaller companies. "Companies with SME status have displayed a high success rate for marketing authorization applications in the European Union - reaching 89% in 2020 - and receive financial advantages on all associated regulatory fees and activities," said Annabella Amatulli, Chief Regulatory Officer of Napo Therapeutics. "Companies with SME status developed nearly 20% of all human medicines recommended for authorization by the EMA in 2020, and half of these medicines target a rare disease."
QTEK ROCR

Hot Stocks

08:48 EST QualTek Services begins trading on Nasdaq under the symbol 'QTEK' - QualTek Services announced that it has completed its business combination with Roth CH Acquisition III Co. (ROCR). The transaction was approved at a Special Meeting of Stockholders of Roth CH III held on February 14. On or about February 16, ROCR's units will cease trading, and QualTek's Class A common stock and warrants to purchase Class A common stock will begin trading on Nasdaq under the symbols "QTEK" and "QTEKW," respectively.
MAR

Hot Stocks

08:47 EST Marriott: Labor environment 'slowly improving'
ANF

Hot Stocks

08:47 EST Abercrombie & Fitch launches associate-designed 'For Justice' collection - Abercrombie & Fitch is proud to announce the third installment of its "For Justice" collection. A gender-inclusive, purpose-led product capsule called "For Justice, For Growth," the collection was designed by members of Abercrombie & Fitch Co.'s BIPOC Associate Resource Group with the intention of amplifying Black voices throughout Black History Month and beyond. The collection is now available in stores and online at www.abercrombie.com for adults and www.abercrombiekids.com for kids. With pieces across the Abercrombie & Fitch and abercrombie kids brands, the collection's designs feature Abercrombie associates' own words, calling for unity, equity, the need to elevate Black voices, and respect both Black history and Black futures. Abercrombie will be donating $250,000 in anticipated proceeds from the collection's sales to The Steve Fund, the nation's premier organization dedicated to supporting the mental health and emotional well-being of young people of color. Abercrombie has partnered with The Steve Fund since 2020 as part of The Abercrombie Equity Project, the brand's initiative dedicated to social and racial justice.
PALI VIRX

Hot Stocks

08:47 EST Palisade Bio adds Robert McRae as SVP, Operations, Strategic Development - Palisade Bio (PALI) announced that Robert McRae has joined the senior management team as Senior Vice President, SVP, Operations and Strategic Development. He joined Viracta Therapeutics (VIRX) in 2017 and held several positions there, most recently VP, Operations & Strategic Alliances
PLD

Hot Stocks

08:47 EST Prologis appoints Tim Arndt as CFO - Prologis announced Tim Arndt will be the company's new CFO effective April 1. Arndt, who has been with Prologis since 2004, will succeed long-time CFO Tom Olinger, who plans to retire. A well-respected leader in the logistics real estate industry, Olinger has had a significant impact on Prologis and on the industry overall. Arndt is a seasoned finance leader with Prologis, having joined AMB in 2004 in portfolio management for the company's Strategic Capital business. Over his tenure, he has worked in several capacities, including as corporate treasurer, head of corporate planning and in the company's global deployment team. Previously, Arndt worked in real estate strategy at Gap Inc. and in debt capital markets at Forest City Enterprises. This change is the culmination of extensive preparation and a part of Prologis' ongoing leadership succession planning process. Olinger will remain with the company through the balance of the year as part of the transition plan. When he retires, he plans to focus full time on philanthropic causes.
ALTO

Hot Stocks

08:45 EST Alto Ingredients appoints new General Counsel - Alto Ingredients added Auste Graham to the senior management team as General Counsel and Corporate Secretary effective February 1, 2022. Graham reports directly to CEO Mike Kandris and succeeds Christopher Wright, who will remain with the company as Senior Vice President pending his retirement later this year.
CEI

Hot Stocks

08:45 EST Camber Energy majority-owned subsidiary Viking Energy closes acquisition - Camber Energy is pleased to announce its majority-owned subsidiary, Viking Energy Group, acquired on February 9, 2022 a 51% interest in two entities that own the intellectual property rights to fully developed, patent pending, ready-for-market proprietary Electric Transmission and Distribution Open Conductor Detection Systems. The purchase price for the interests acquired by Viking is up to $21,000,000, with $5,000,000 payable in shares of Viking on closing and the balance payable upon certain sales thresholds being achieved.
CLAQ KITT

Hot Stocks

08:45 EST Nauticus Robotics announces US Defense Innovation Unit award - Nauticus Robotics (KITT) has been awarded an Other Transaction Agreement by the U.S. Defense Innovation Unit to prototype its autonomous command and control software platform, ToolKITT, aboard the U.S. Navy's VideoRay Mission Specialist Defender Remote Operated Vehicle. Through internal investments and advancements sponsored by commercial and government customers, Nauticus has developed ToolKITT, a unified software platform utilizing advances in autonomous behaviors to identify, classify, and perform complex underwater activities which helps to remove warfighters from harm's way. "We are committed to offering the best in maritime robotics and autonomy and are pleased DIU and the U.S. Navy have recognized our efforts with this award," said Todd Newell, Senior Vice President of Business Development at Nauticus. "We believe we have a disruptive technology platform within the ocean services market that can generate a reduction in required operations personnel and also both costs and carbon footprint for our customers." On December 16, 2021, Nauticus Robotics and CleanTech Acquisition (CLAQ) entered into a definitive business combination agreement that would result in Nauticus Robotics becoming a public company.
MAR

Hot Stocks

08:42 EST Marriott sees FY22 net rooms growth 3.5%-4% -
PALT

Hot Stocks

08:42 EST Paltalk partners with NoGood to accelerate user acquisition for application - Paltalk announce it has partnered with NoGood, a growth marketing firm based in New York City, with offices in Los Angeles and Miami, for its Paltalk application. Jason Katz, Chairman and Chief Executive Officer of Paltalk, commented, "We are very excited to put some of our recently raised money to work with NoGood as we look to accelerate user and revenue growth and build incremental shareholder value. NoGood has been instrumental in helping many startups and scaleups dramatically increase their traffic, conversion and users. One of the goals from our capital raise in the fourth quarter is to carefully increase our marketing efforts in order to provide a meaningful contribution to users and revenue."
IO

Hot Stocks

08:41 EST ION announces continued forbearance, amendment extension to credit facility - ION Geophysical Corporation announced that it has entered into a Second Forbearance and Sixth Amendment extension with PNC Bank, National Association, under its Revolving Credit and Security Agreement dated August 22, 2014 pursuant to which PNC has agreed to waive, through and including March 8, 2022, a cross default that would have occurred under the Credit Agreement by virtue of ION's missing and still not having paid, the interest payment on the 2025 Notes that was due on December 15, 2021. In addition, ION also announced that it had entered into Amendment No. 1 to the Forbearance Agreement with holders of more than 79% of its 2025 Notes to continue to forbear until March 8, 2022 from enforcing their rights and remedies arising as a result of ION's failure to make the December 15, 2021 interest payment due on the 2025 Notes. The forbearances are subject to the terms and conditions of the relevant agreements with PNC and the note holders, which are described in more detail in our current report on Form 8-K filed with the SEC. ION remains in continuing discussions with PNC and the holders of its 2025 Notes and other indebtedness regarding various strategic alternatives to strengthen its financial position and maximize stakeholder value. These strategic alternatives include, among others, a sale or business combination transaction or sales of assets, any of which may be executed as part of an in-court or out-of-court restructuring process.
PSNL

Hot Stocks

08:41 EST Personalis in pact with UC for genomic testing and composite biomarker research - Personalis announced a strategic collaboration with the Moores Cancer Center at University of California San Diego Health, a National Cancer Institute-designated Comprehensive Cancer Center, to support clinical diagnostic testing in patients with advanced solid tumors and hematological malignancies. The collaboration will bring Personalis' leading comprehensive genomic tumor profiling test to UC San Diego health care professionals and their cancer patients to help guide FDA-approved therapy decisions, as well as clinical trial treatment options. "We are excited to collaborate with Moores Cancer Center to provide a comprehensive tumor immunogenomic profiling test to guide cancer patient treatment. This collaboration reaffirms our commitment to accelerate access to diagnostic testing for patients with advanced cancer, as well as to work with investigators to develop novel composite biomarkers to improve patient outcomes in the future," said Richard Chen, M.D., Chief Medical Officer and SVP of R&D of Personalis.
MSLP

Hot Stocks

08:41 EST MusclePharm announces partnership with Alliance Sales & Marketing - MusclePharm announced a national partnership with Alliance Sales & Marketing to help accelerate the growth of the Company's energy drink business. Alliance will leverage its industry knowledge and relationships to expand the MusclePharm and FitMiss line of energy drink products into grocery and convenience channels across the United States. Ryan Drexler, the Chairman of the Board and Chief Executive Officer of MusclePharm, stated, "We are excited to partner with an established company like Alliance to help our MP beverage team build out sales and distribution across the country of our energy drink lines, MP Combat Energy and FitMiss Energy. Alliance has a reputation as one of the best sales and marketing brokers in the business and will use their close, trusted relationships with both national and regional retailers to accelerate the growth and adoption of our brands. We believe our energy drink lines, now supported by an internal and external team of top industry veterans, has the potential to become a meaningful growth driver for our Company."
SOLO

Hot Stocks

08:39 EST ElectraMeccanica launches autonomous SOLO EV pilot - ElectraMeccanica Vehicles announced a non-binding partnership agreement with Faction Technology to demonstrate a pilot deployment of Faction's driverless and remote vehicle operation technology on the SOLO EV Platform. Powered by the patent pending DriveLink(TM) Platform, Faction is focused on autonomous driving AI that is supported by teleoperation. The AI is task-designed with specific patterning to know when a vehicle needs help from the operator. Faction plans to utilize the SOLO EVs to test their autonomous driving technology as it relates to micro-logistics and ride-on-demand. A test pilot program is currently underway with customers in both the food delivery and vehicle on demand verticals in which the light electric vehicle is right-sized for delivery and shared mobility. Post-Covid, food delivery and shared ride services remain in high demand in the United States; however, the nation continues to face driver and chip shortages, which is forcing businesses in these industries to increase costs. Faction's technology embedded in the already competitive price point of the SOLO EV, will allow consumers to pay a lower cost for these services per mile. Under the memorandum of understanding, ElectraMeccanica and Faction will work on a best-efforts basis to expand the partnership toward the pilot deployment of a driverless demonstration fleet of up to 24 SOLO EVs over the next 12 months. To-date, 3 SOLO EVs have been delivered to Faction.
AQMS

Hot Stocks

08:38 EST Aqua Metals on track to deploy future lithium-ion battery recycling operation - Aqua Metals has made significant progress in moving its economical and environmentally advantageous lithium-ion battery, LiB, recycling process from concept to execution to meet the growing global demand for lithium-ion battery recycling and supply chain needs. The Aqua Metals LiNiCo strategic alliance provides the venue for Aqua Metals to apply its AquaRefining process to LiB recycling in a commercial production facility. Aqua Metals' preliminary work has yielded promising results. LiNiCo is focused on developing and implementing its novel LiB crushing, separation, and extraction processes for lithium and graphite. Aqua Metals plans to process the black mass produced by LiNiCo and others to produce pure nickel, cobalt copper, and other key high-value compounds. The Company has already successfully lab-tested cobalt plating at its Innovation Center, yielding high purity cobalt. Aqua Metals is targeting a pilot circuit that will produce meaningful quantities of critical metals and compounds by late summer or early fall 2022. The two companies plan to combine their technologies in a 140,000 square foot LiNiCo plant in the Tahoe-Reno Industrial Center, to create a fully integrated recycling and refining operation with commercial production beginning and scaling by late 2022 or early 2023.
AQMS

Hot Stocks

08:38 EST Aqua Metals appoints Dave McMurtry as Chief Strategist - To help Aqua Metals define and achieve its rapid growth roadmap, the Company has also appointed Dave McMurtry as the Chief Strategist. McMurtry is responsible for assisting with the development of Aqua Metals' go-to-market strategy for Li AquaRefining.
ECL

Hot Stocks

08:38 EST Ecolab sees FY22 EPS growth reaching low-teens levels - "We move into 2022 with strong business momentum. With very healthy sales growth, robust new business wins, new innovation and increased pricing, we expect to progressively compensate for higher delivered product costs and to drive strong earnings growth. While we expect a decent global economy, we also expect the COVID impacts to remain significant during the first half of the year, and we expect inflation to remain high before it progressively eases during the second half of the year. We expect these cost impacts to remain especially strong in the first quarter of 2022, even slightly higher than those experienced in the fourth quarter. We look for the first quarter to show healthy sales growth and a flattish year-over-year earnings per share comparison impacted by continued high raw material and freight costs. For the full year 2022, we believe our sales, pricing and cost efficiency actions will enable us to deliver continued strong sales gains with adjusted diluted earnings per share growth reaching low-teens levels, assuming once again that inflation and supply constraints ease as the year progresses. We continue to expect the impact of Purolite, including 26c per share of transaction-related amortization, will be neutral to 2022 adjusted diluted earnings per share. We remain confident in our long-term outlook as our value proposition to help solve the world's people, planet and business health needs is more important than ever. With our strong pricing and an inflationary environment that will ease ultimately and lead to higher margins, we expect to continue to leverage our robust growth opportunities to drive superior results for our customers and shareholders," noted the company
MAR

Hot Stocks

08:37 EST Marriott: New group bookings gaining momentum - Comments taken from Q4 earnings conference call.
LEGN

Hot Stocks

08:37 EST Legend Biotech announces FDA clinical hold on LB1901 trial - Legend Biotech announced that the company was informed by the FDA via e-mail communication that its Phase 1 clinical trial for LB1901 has been placed on clinical hold. LB1901 is the company's investigational autologous chimeric antigen receptor T-cell, or CAR-T, therapy targeting malignant CD4+ T-cells for the treatment of adults with relapsed or refractory T-cell lymphoma. The FDA indicated they will provide an official clinical hold letter to Legend Biotech by March 11. To date, one patient has been dosed in the clinical trial. Before receiving the FDA's clinical hold communication, Legend Biotech had, in accordance with the protocol, paused the clinical trial due to low CD4+ T-cell counts in the patient's peripheral blood and notified the FDA. The patient has not experienced drug-related serious adverse events, or SAEs, and is being monitored in accordance with the protocol.
PCRX

Hot Stocks

08:37 EST Pacira reports preliminary sales of $37.3M for January - Pacira BioSciences reported preliminary unaudited net product sales for EXPAREL and iovera degrees for the month of January 2022. EXPAREL net product sales were $36.3 million, compared with $34.9 million for January 2021. EXPAREL average daily sales for the month of January 2022 were 104 percent of January 2021. The company reports average daily growth rates for EXPAREL to account for differences in the number of selling days per reporting period. The number of EXPAREL selling days were 20 in both January 2022 and January 2021. Net product sales of iovera degrees were $1.1 million for the month of January 2022, compared with $1.1 million for January 2021. "2022 is off to a strong start with growth trends for year-over-year EXPAREL sales improving in the second half of January," said Dave Stack, chairman and chief executive officer of Pacira BioSciences. "We look forward to advancing a series of value-creating milestones in the year ahead and expect the expanding utilization of EXPAREL-based regional blocks to drive another year of record sales. For iovera degrees , the launch of our user-friendly, next-generation handheld device is now underway, and we have started defining a regulatory pathway for spasticity, an area where iovera degrees has the potential to offer a tremendous value proposition given the limitations of current treatments. In addition, ZILRETTA is now fully integrated into our commercial offering and our team is already providing clinicians with education and customer service around individualizing osteoarthritis pain management with either a long-acting corticosteroid with ZILRETTA or a drug-free nerve block with iovera degrees . Importantly, we believe we are uniquely positioned to advance these and other exciting initiatives while delivering accelerating cash flow and profitability, with adjusted operating margins expected to exceed 50 percent by 2024," continued Mr. Stack.
NRXP

Hot Stocks

08:36 EST NRx announces results of review of the TESICO trial - NRx Pharmaceuticals announced results of a review conducted by the Therapeutics and Prevention Data Safety and Monitoring Board, or DSMB, of the National Institute of Allergy and Infectious Diseases, or NIAID, of the National Institutes of Health, or NIH, on February 14. The DSMB reviewed data on 448 ICU patients with Critical COVID-19 Respiratory Failure who were enrolled in the ACTIV-3b, or TESICO, trial. The TESICO protocol was submitted by NIH and cleared by the FDA as a Phase 3 trial that, if positive, may be used in the submission of a New Drug Application for ZYESAMI. ACTIV-3b is a randomized, placebo-controlled clinical trial testing ZYESAMI and Veklury in hospitalized patients with acute respiratory failure due to COVID-19. The patients enrolled in TESICO are critically-ill patients in the ICU who have exhausted other approved therapies and require high-flow nasal oxygen, mechanical ventilation, or extracorporeal membrane oxygenation to maintain blood oxygen.
NFYEF BYDDY

Hot Stocks

08:36 EST NFI Group announces new features on 29 BYD ADL Enviro400EV buses - NFI Group, subsidiary Alexander Dennis Limited and BYD UK jointly announced today that their electric vehicle partnership has supplied 29 BYD ADL Enviro400EV to Abellio for use on Transport for London route 63. The zero-emission double deck buses have innovative features, aimed at making them an even more attractive, green alternative to the car as London recovers from the pandemic. The new buses on route 63 have a more open feel thanks to a skylight on the upper deck and handles on the backs of seats rather than vertical poles for an unobstructed view. With high back seats throughout, journeys will be more comfortable. USB chargers and mobile phone holders in the seats mean passengers can work or relax more easily, while also taking the time to watch the sights of London go by. A wood-effect floor adds to the cutting-edge design. New covers for the priority seats, with a contrasting colour scheme, help differentiate them from other seats for passengers who are less able to stand. The vehicles also have a larger wheelchair and buggy area, improving accessibility and helping parents getting around town. CCTV cameras have also been upgraded to provide higher-definition footage, acting as a greater deterrent and making travel even more safe and secure. New digital signage on board the buses shares a wider range of real-time information, including the time to the next stop, disruptions, space on the next bus and service updates for Tube and Overground services.
UGI GCEH

Hot Stocks

08:35 EST UGI, Global Clean Energy enter pact to distribute renewable LPG - UGI Corporation (UGI) announced that its subsidiary, AmeriGas Propane, has entered into an agreement with Global Clean Energy Holdings (GCEH) to purchase and distribute renewable LPG. AmeriGas will leverage its supply and logistics infrastructure and sales and marketing teams to market and distribute renewable LPG to new and existing customers primarily in the state of California. As part of a multi-year agreement, GCEH's Bakersfield biorefinery will process up to 15,000 barrels of renewable feedstock per day, including their proprietary energy crop - camelina, to produce renewable fuels including bioLPG. This biorefinery, which is expected to begin operations in the first half of calendar 2022, is projected to produce approximately 13M gallons of renewable LPG in its first year, making it the largest commercially available renewable propane production facility to date in the United States. Under the distribution partnership, AmeriGas will be the long-term exclusive buyer of renewable LPG from GCEH's Bakersfield biorefinery.
CUE

Hot Stocks

08:34 EST Cue's therapeutics immuno-STAT biologics to be featured in presentation - Cue Biopharma announced that the company's therapeutic Immuno-STAT biologics are scheduled to be featured in an Oxford University poster presentation at the Biophysical Society Annual Meeting taking place on February 19-23, 2022 at the Moscone Center in San Francisco, California. Cue Biopharma entered into a strategic research collaboration with Dr. Michael Dustin and the University of Oxford in May 2020 to determine the molecular mechanisms underlying the activity of its IL-2 based CUE-100 series biologics. Dr. Anish Suri, president and chief scientific officer of Cue Biopharma commented, "The mechanistic insights provided by the elegant work conducted by Dr. Aragones and Dr. Dustin supports the central hypothesis of Immuno-STATs specifically - that concurrent delivery of antigen and interleukin 2 (IL-2) signals results in robust synapse formation, providing for selective T cell activation, a supposition now being clinically validated through the development of CUE-101, our lead and representative IL-2 based drug product candidate from the CUE-100 series."
CLIR

Hot Stocks

08:33 EST ClearSign Combustion provides update on progress for its products in China - ClearSign Technologies provided an update on commercialization progress for its products in China. The Company's 125hp fire tube boiler, which received certification in April 2021, has been sold to a customer and is scheduled for installation in a rental boiler by the customer for commercial deployment. The Company anticipates that this deployment will provide further benefit to ClearSign from the additional exposure the Company may receive from the demonstration of ClearSign's boiler burner technology to Chinese customers. The Company is on track to create a strategic sales channel and alliance through a Collaboration Framework Agreement with China's top tier boiler company Jiangsu Shuangliang Boiler, subsidiary of China's Shuangliang Group which is one of China's top 500 enterprises. The Company signed a new, updated and expanded Collaboration Agreement with the Beijing District Heating Group. This is a renewal and expansion from the original Collaboration Agreement that was entered into in May 2017 and updated in June 2019. The Beijing District Heating Group's entry into this new Collaboration Agreement confirms that it will continue its investment and support in ClearSign technology. Under the terms of the Collaboration Agreement, the Beijing District Heating Group agrees to work with the Company to both install and demonstrate the ClearSign Core innovative technology in its boilers following formal government certification
LEE

Hot Stocks

08:33 EST Lee Enterprises says court upholds decision to reject Alden Global notice - Lee Enterprises, Incorporated announced that the Delaware Chancery Court has upheld the decision by Lee's Board of Directors to reject the director nomination notice submitted by Alden Global Capital. In the decision, the Vice Chancellor noted, among other things, that Lee's Board of Directors "acted reasonably in enforcing a validly adopted bylaw with a legitimate corporate purpose" and that Alden "could easily have met the bylaw's record holder and-by extension-form requirements had it not delayed" in preparing its nomination notice. As a result of the Court's ruling, Alden's director nominations will be disregarded, and no proxies or votes in favor of its purported nominees will be recognized or tabulated at Lee's 2022 Annual Meeting of Shareholders on March 10. Lee's Board of Directors issued the following statement: "We are pleased that the Delaware Court of Chancery has affirmed the importance of orderly annual shareholder meetings and confirmed the decision by the Lee Board of Directors to reject as invalid the notice of nominations delivered by Alden. Based on the ruling of the Vice Chancellor, Lee will not recognize Alden's nominations, and any proxies submitted, or votes cast, for the election of Alden's director candidates will be disregarded. We urge shareholders to vote FOR all three of Lee's proposed nominees - Mary E. Junck, Herbert W. Moloney and Kevin D. Mowbray - at our Annual Meeting to support the continued execution of Lee's digital growth strategy."
ZGNX

Hot Stocks

08:32 EST Zogenix supports new genetic testing program with UMDF - Zogenix announced that the company is sponsoring a new no-cost genetic testing program, the United Mitochondrial Disease Foundation, UMDF, Pilot Genetic Testing Project, in partnership with UMDF and Probably Genetic, to help patients obtain a confirmed genetic diagnosis of mitochondrial disease. The program is available to any eligible patient in the U.S. with a suspected diagnosis of mitochondrial disease. "Because mitochondrial diseases affect various organs and tissues, the path to diagnosis can be challenging and long," said Bradley Galer, M.D., Executive Vice President and Chief Medical Officer, Zogenix. "We are proud to offer no-cost genetic testing to help expand access to these much-needed genetic tests to shorten the diagnostic journey and help patients and their families seek appropriate care." The UMDF Pilot Genetic Testing Project will be a patient-initiated no-cost genetic testing program for patients with a suspected mitochondrial disorder.
HPE

Hot Stocks

08:31 EST HP Enterprise, Striim partner to deliver Striim for HPE Nonstop - Striim announced a new, strategic partnership with Hewlett Packard Enterprise, HPE, to combine its platform with HPE NonStop solutions to deliver Striim for HPE NonStop. The combination of Striim and HPE NonStop, which is a high-performance distributed data transaction solution, offers data-driven enterprises the ability to leverage continuous data flows for real-time, cross-organization business insights. Additionally, the joint solution will be offered as a cloud service that can run on-premises, at the edge or in a co-location facility using the HPE GreenLake edge-to-cloud platform. "Partnering with HPE enables us to address a critical pain point among enterprises today - the ability to obtain real-time data insights into operational systems to improve intelligence and decision-making for rapidly evolving, high-performance businesses," said Ali Kutay, CEO and Chairman, Striim. "Whether on-premises, in the cloud, or at the edge, access to real-time data is crucial for ensuring that IT systems can support business operations and customer experiences that act as the keystone of competitive advantage in today's markets."
PLIN BTOG

Hot Stocks

08:31 EST China Xiangtai Food announces Nasdaq ticker symbol change to 'BTOG' - China Xiangtai Food announced that its ticker symbol on the Nasdaq Stock Market will change to "BTOG" effective at the open of market trading on Tuesday, February 15, 2022. China Xiangtai has traded under the ticker "PLIN" since the Company's initial public offering in 2019. "The ticker symbol 'BTOG' contains 'BT', indicating the meaning of 'bit' or 'blockchain', and 'OG', representing 'Origin' or the mindset of from past origin to a shared future for humankind." Ms. Zeshu Dai, Chief Executive Officer of the Company commented, "The management of the Company believes that the ticker symbol 'BTOG' is a more accurate reflection of our recently engaged business and operation in the cryptocurrency mining sector as we are looking forward to increasing our presence in the new business sector." No action is required from the Company's shareholders relative to the ticker symbol change. The Company's ordinary shares will continue to be listed on Nasdaq and the CUSIP will remain unchanged.
MGI

Hot Stocks

08:30 EST MoneyGram trading resumes
HEPA

Hot Stocks

08:29 EST Hepion appoints Eddie Cheung to lead Strategic Medical Affairs in Asia - Hepion Pharmaceuticals announced that it has appointed Eddie Cheung to lead Strategic Medical Affairs in Asia. In this newly created role with Hepion, Dr. Cheung will explore and identify possible partnerships, and will liaise with national and regional regulatory authorities and thought leaders to advance rencofilstat's clinical development strategy in China and other parts of Asia.
FDS

Hot Stocks

08:28 EST FactSet chosen by ESG Asset Management as preferred vendor - FactSet announced that Zurich-based asset manager ESG Asset Management has selected FactSet for its portfolio performance attribution platform and order management system, OMS. ESG-AM uses FactSet's Fixed Income Portfolio Analytics, FIPA, product and extensive ESG data to analyze and report performance attribution for its multi-currency portfolios. "The combination of FactSet's powerful multi-asset-class portfolio analytics tools and best-in-class ESG data allows us to decompose interest and credit spread components of a portfolio and examine them from an ESG perspective," said Philipp Good, CEO of ESG-AM. "For us, working with a data and solutions provider that prioritizes client service was a must-have and a key deciding factor in our choice of vendor."
WKSP

Hot Stocks

08:27 EST Worksport completes all required testing on pre-production Terravis System - The company said, "Worksport has completed all required testing on the pre-production prototype of the Terravis System, including the Terravis SOLIS & Terravis COR energy storage systems. Management is keen to report that the supply chain is intact with no anticipated delays for the upcoming final production prototypes. Delays in receiving the prototype's removable batteries were a result of logistic failures from the shipper and were resolved by the end of 2021. We received the removable battery shipment just before Christmas and proceeded with testing immediately after the holidays. Having successfully undergone multiple testing phases with minimal changes needed, production for the Terravis System is scheduled to begin by the end of March 2022, with subsequent deliveries to reservation holders in Q2 2022. The Terravis System's overall design outperformed the expectations of internal electrical engineering teams. Features such as advanced hot swapping performed as expected, system efficiency was within the required margin of error, and the inverter output an actual pure sine wave, highlighting energy quality that's notably better than competitors."
BEEM

Hot Stocks

08:26 EST Beam Global announces City of Lompoc CA deploys two EV ARC charging systems - Beam Global announced that the City of Lompoc in California has deployed two EV ARC solar-powered EV charging systems available for public use. The systems were partially funded by the Santa Barbara County Air Pollution Control District's Clean Air Grants for Infrastructure program and were purchased through the California Contract #1-18-61-16 which simplifies the procurement process and ensures best pricing. The City's EV ARC systems are located at the Lompoc Valley Medical Center, LVMC, parking lot, located at 1515 East Ocean Ave, and fit in a standard parking space without reducing available parking. Each system has two charging plugs to provide public access to charge up to four EVs. "We are seeing more and more customers view rapid deployment and grid-impact as important when planning their EV charging infrastructure," said Beam Global CEO Desmond Wheatley. "Federal, state and local governments are putting increasing emphasis on resilient EV charging as electricity becomes vital fuel for their communities and their fleet vehicles."
OPRX

Hot Stocks

08:24 EST OptimizeRx introduces new key performance indicators - OptimizeRx has developed relevant KPIs that best represent its "land and expand" strategy within key customer accounts and overall scalability of its business model. The KPIs being introduced are representative of the Company's penetration within the top 20 largest pharmaceutical manufacturers, net revenue retention and revenue per employee. Ed Stelmakh, CFO and COO at OptimizeRx commented, "We believe these KPIs demonstrate our ability to execute and drive future growth of our business as we continue to gain momentum from our customers' increasing investments in technology-enabled, digital, patient-centric solutions. Our footprint in the top 20 pharmaceutical manufacturers positions us well to compete and win our share of the largest category of addressable commercial spend and we look forward to communicating our story in a transparent and measurable fashion."
PRTG

Hot Stocks

08:22 EST Portage Biotech appoints Brian Wiley as CBO, Joseph Ciaverella as CAO - Portage Biotech announced new appointments to its management team and Board of Directors. Brian Wiley will join Portage's executive team as Chief Business Officer and Joseph Ciavarella, who joined the company in 2020 as a financial consultant, now joins as Chief Accounting Officer. In addition, Jim Mellon, Linda M. Kozick and Mark Simon will join the company's Board of Directors. Mr. Mellon was one of the founders of Portage. The new members will assume Board of Director responsibilities effective immediately while current members Kamlesh Shah and Declan Doogan will be retiring. The new appointments come at the cusp of an exciting new year for Portage. The company expects to report initial safety data of its invariant natural killer T cell agonist programs, PORT-2 and PORT-3, later in Q1 2022. Brian Wiley founded Boston BioConsulting, LLC, a consulting firm that specializes in corporate strategy, business development,and pre-commercial planning for the biopharmaceutical industry. As Chief Accounting Officer, Joseph Ciavarella will direct all financial reporting activities at Portage. Prior to joining the company, Mr. Ciavarella has most recently provided senior financial consulting services to middle market companies. H Jim Mellon is an author, entrepreneur and investor. He was one of the founders of Portage Biotech and is the co-author of five books, all written with a view toward identifying emerging thematic trends leading to investment opportunities. Linda M. Kozick has more than 25 years of experience in the biopharmaceutical industry, including 15 years of strategic commercial leadership in oncology with a focus in immuno-oncology.
EBON

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08:22 EST Ebang launches Australian cryptocurrency exchange - Ebang International announced the official launch of Ebonex Exchange, the Company's cryptocurrency exchange in Australia, on February 15, 2022. Ebonex Exchange is a digital asset trading platform independently created and developed by the Company's technicians who are senior industry experts. The Company has launched its Australian operation with the establishment of its Sydney office in 2021. Dong Hu, Chairman and Chief Executive Officer of the Company, commented, "We believe that the mature business environment and rigorous regulatory regime in Australia will have a great positive impact on Ebonex Exchange's prospects. We expect that the cryptocurrency space is poised for significant growth as the market for trusted platforms has grown significantly during the last year. Our objective is to have the Ebonex Exchange become one of the premier markets in the cryptocurrency space and to become a trusted platform for cryptocurrency participants worldwide. The launch of Ebonex Exchange has opened up a whole new market for the Fintech industry and is yet another critical milestone in the Company's strategic development."
ERO

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08:21 EST Ero Copper board of directors approves construction of Boa Esperanca project - Ero Copper announces that its Board of Directors has approved the construction of the Boa Esperanca Project located in Para State, Brazil. Construction is expected to commence in the second quarter of this year, and the Company anticipates achieving first production during the third quarter of 2024. In preparation for construction of Boa, the Company has made significant progress on workstreams, including: Advancing critical-path contracts including early works, power infrastructure and site construction with equipment mobilization expected in April; Detailed engineering and construction designs; and Ongoing drill program efforts. The Company also recently completed a $400M senior unsecured notes offering. "With the full support of our Board, we are excited to commence construction of the Boa Esperanca Project, which we believe will play an integral role in our plans to become a 100,000 tonne per year copper producer," said David Strang, CEO. "One of the most compelling aspects about this project is its expected ability to double Ero's annual copper production at a low upfront capital investment of approximately $300 million. With the close of our recent bond offering, we have positioned our balance sheet to be able to readily fund this investment in Boa, as well as our other growth initiatives, in a range of metal price environments. We have also advanced several key workstreams that we believe will facilitate the successful execution of Boa's construction, which we expect to commence on schedule in April 2022."
LFMD

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08:20 EST LifeMD launches primary care platform nationwide - LifeMD announced the full-scale national launch of its virtual primary care platform. The LifeMD primary care offering combines best-in-class technology with top-quality doctors across 50 states in one unique platform. It introduces a patient-first healthcare experience, giving patients a personalized relationship with a leading doctor whose expertise will be correlated with the patient's clinical needs. In November, LifeMD launched the platform in beta form, making it available by invitation as part of a sequenced rollout. At the time, Schreiber cited the "full-blown crisis" in primary care, noting that 25% of adults in the U.S. lack a primary care physician - and that even people who have one often wait months for an appointment. With today's launch, anyone in the U.S. can access LifeMD's primary care service through the website or the LifeMD app and then follow a simple three-step process: A health questionnaire, a virtual meet-and-greet consultation with their new primary care doctor, and ongoing 24/7 access to LifeMD's healthcare team, including management of prescriptions and the ability to make a virtual appointment at the click of a button.
CRNC

Hot Stocks

08:20 EST Cerence selected by Qianjiang Motorcycle to provide AI - Cerence announced that Qianjiang Motorcycle, a subsidiary of Geely Group, has selected Cerence Ride, the company's two-wheeler mobility platform, to provide conversational AI across its lineup, as well as its proactive AI capabilities. Qianjiang Motorcycle is leveraging Cerence Ride to deliver a new level of intuitive, simple interaction to its riders through a voice-powered virtual assistant. Cerence Ride will provide drivers with distraction- and hands-free access to critical on-road needs like navigation, communication and entertainment, eliminating the need for smartphone use while riding. "Our new partnership with Qianjiang Motorcycle, a leader in two-wheeler innovation, is an important milestone as we continue to expand our footprint in the high-end motorcycle segment," said Charles Kuai, SVP and General Manager, Mobility Solutions, Cerence. "The features that Cerence Ride provides will help Qianjiang Motorcycle differentiate from its competitors and deliver an incredible experience to its riders."
PDSB

Hot Stocks

08:19 EST PDS Biotechnology announces clinical trial with Mayo Clinic to study PDS0101 - PDS Biotechnology Corporation announced the initiation of an Investigator-Initiated Trial , MC200710, for PDS0101 alone or in combination with the checkpoint inhibitor, KEYTRUDA, in patients with HPV-associated oropharyngeal cancer at high risk of recurrence. The trial is being led by Drs. David Routman, Katharine Price, Kathryn Van Abel, and Ashish Chintakuntlawar of Mayo Clinic, a nationally and internationally recognized center of excellence for the treatment of head and neck cancers. HPV(+)OPSCC is now the most common type of head and neck cancer and has been increasing significantly in recent years. Oropharyngeal cancer is a disease in which cancer cells form in the tonsil tissues of the back and side of the throat. According to the National Cancer Institute, smoking or being infected with the human papillomavirus, especially HPV16, can increase the risk of oropharyngeal cancer. The American Cancer Society estimates there are over 54,000 new cases of oral and oropharyngeal cancer and over 11,000 related deaths in the United States, annually. The study treatment will be administered before patients proceed to transoral robotic surgery with curative intent. Treatment in this setting is referred to as neoadjuvant treatment. PDS0101 has been shown to induce killer T-cells that target and kill HPV-positive cancers, either alone or in combination with checkpoint inhibitors in preclinical studies, and in combination in clinical studies of patients with advanced recurrent/metastatic HPV-associated cancers. This study will explore whether PDS0101 with or without checkpoint inhibition may increase HPV-specific anti-tumor responses, potentially resulting in tumor shrinkage, pathologic regression, and decreases in circulating tumor DNA.
NARI

Hot Stocks

08:17 EST Inari Medical announces first patient enrolled in PEERLESS trial - Inari Medical announced that the first patient has been enrolled in PEERLESS, a prospective, randomized controlled trial comparing the outcomes of patients with intermediate-high risk pulmonary embolism treated with the FlowTriever system versus catheter-directed thrombolysis. The first PEERLESS patient was enrolled by Dr. Amir Kaki, Interventional Cardiologist, Ascension St. John Hospital in Michigan. PEERLESS will randomize 550 patients and will also enroll up to 150 patients in a registry cohort for patients who cannot be randomized due to an absolute contraindication to thrombolytics. The trial will include up to 60 centers in the United States and Europe.
SHLS

Hot Stocks

08:16 EST Shoals Technologies unveils eMobility Innovation Center at company headquarters - Shoals Technologies unveiled its eMobility Innovation Center at the company's headquarters in Portland, TN. "The 'living lab' displays Shoals' best in class EV charging and eMobility solutions. It enables customers to discover the company's "Fuel by Shoals" portfolio of products and solutions in person, and showcases how Shoals is disrupting the traditional ways in which EV charging infrastructure has been deployed.," the company said. "We are thrilled to unveil our eMobility Innovation Center here at our company's headquarters in Portland, Tennesee," said Jason Whitaker, Chief Executive Officer of Shoals. "Our goal is to deliver a more simple, reliable, and scalable way to deploy EV charging systems, and the eMobility Innovation Center provides the optimal demonstration of our technology, allowing customers to experience our eMobility solutions first hand."
MBCN

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08:15 EST Middlefield Banc board authorizes increase to share repurchase program - On February 14, 2022, Middlefield's Board of Directors authorized the Company to repurchase an additional 300,000 shares under the Program. Combined with the 69,566 shares available for repurchase pursuant to the Board's August 9, 2021 authorization, the Program permits the Company to repurchase a total of 369,566 shares, equating to approximately 6.3% of the Company's 5,874,206 outstanding shares at February 14, 2022. The Program may be modified, suspended or terminated by the Company at any time.
NSPR

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08:14 EST InspireMD appoints Adnan Siddiqui as member of scientifc advisory board - InspireMD announced the appointment of Adnan Siddiqui, MD, PhD, FAANS, FACS, FAHA to the Company's Scientific Advisory Board. Dr. Siddiqui brings extensive knowledge and expertise to InspireMD as a neurovascular surgeon and clinical scientist focused on and dedicated to the comprehensive management of ischemic stroke and vascular diseases involving the brain and spinal cord. Dr. Adnan Siddiqui is Vice-Chairman and Professor of Neurosurgery at the State University of New York at Buffalo.
MNPR

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08:13 EST Monopar Therapeutics announces clinical, preclinical program updates - Monopar Therapeutics announced program updates across its pipeline and anticipated 2022 highlights. Program Developments: Validive - International Phase 2b/3 VOICE Clinical Trial, Actively Recruiting: Validive is a once daily self-administered mucoadhesive tablet designed to prevent severe oral mucositis, SOM, in oropharyngeal cancer patients who receive chemoradiotherapy. Monopar is evaluating Validive in this patient population in the international Phase 2b/3 VOICE study. Updated highlights of this trial include: 43 clinical sites opened to date, active and enrolling patients in both the US and Europe. Interim analysis is currently anticipated to be reached in mid-2022. Camsirubicin - Phase 1b Dose-Escalation Trial, Actively Recruiting: Doxorubicin is FDA approved in 14 different types of cancers. It is a drug that becomes more effective at higher doses. Unfortunately, due to the potential development of irreversible heart damage, patients stop doxorubicin treatment once a certain cumulative lifetime dose limit threshold is reached. Monopar is developing a novel proprietary analog of doxorubicin called camsirubicin. Camsirubicin has been designed to retain the anti-cancer activity while avoiding the irreversible heart damage that is seen with doxorubicin. The Company is currently enrolling patients in an open-label Phase 1b dose escalation trial in ASTS patients. Updated highlights of this trial include: Phase 1b dose-escalation trial initiated in September 2021, with first patients dosed in October 2021; First dose level completed in November 2021, with positive recommendation from trial safety review committee to proceed to next higher dose level; Three patients already dosed at the second dose level, which is a higher dose level than tested in any prior camsirubicin clinical trial. Radiopharmaceutical Platform and MNPR-101: Monopar and NorthStar Medical Radioisotopes have extended their 50/50 radiopharmaceutical partnership for 2022. Updated highlights of this program include: Provisional composition of matter patents filed covering the Actinium-based radiopharmaceutical drug candidate; Peer-reviewed publications; Currently evaluating pathways to initiating a first-in-human study. MNPR-202: MNPR-202 is a novel analog of camsirubicin currently being evaluated in preclinical studies. Updated highlights of this program include: Entered collaboration and commenced work with Cancer Science Institute of Singapore to evaluate activity of MNPR-202 in preclinical models of multiple cancers. Composition of matter patent covering MNPR-202 has been allowed in the US
AUID MSFT

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08:13 EST authID.ai joins Microsoft Partner Network - authID.ai announced that it has joined the Microsoft Partner Network and expanded Verified CloudConnect with the integration of its flagship facial biometrics solution to Microsoft Office 365 and Azure via Active Directory Federation Services. With a biometric selfie, Verified CloudConnect strengthens workforce identity authentication for Microsoft Office 365 and Azure users with strong multi-factor authentication.
AMAM

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08:12 EST Ambrx Biopharma receives letter from FDA regarding ARX305 IND - Ambrx Biopharma announced it received a "Study May Proceed" letter from the FDA related to an investigational new drug, or IND, application for ARX305, an antibody drug conjugate, or ADC, designed to target CD70 to treat a broad range of solid and hematologic tumors such as renal cell carcinoma. ARX305 is the third ADC developed by Ambrx on its proprietary Engineered Precision Biologics platform that has received IND clearance. The clinical study cleared by the FDA, ARX305-01, is a first in human, Phase 1, multicenter, open-label, dose-escalation, and dose-expansion study to evaluate the safety, pharmacokinetics and preliminary anti-tumor activity of ARX305 in adults with clear cell renal cell carcinoma who are resistant or refractory to prior standard therapies. ARX305 is an anti-CD70 ADC designed to target cancer cells displaying CD70, a protein expressed on a broad range of tumors including renal cell carcinoma, nasopharyngeal cancers, multiple myeloma, non-Hodgkin's lymphoma and acute myeloid leukemia. Ambrx previously licensed the rights to develop and commercialize ARX305 in China to NovoCodex Pharmaceuticals.
MBII CTVA

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08:12 EST Marrone Bio, Corteva enter new distribution contract - Growers in Europe will have access to a novel, sustainable option for enhancing plant health and crop quality through a new agreement between Pro Farm Technologies, a subsidiary of Marrone Bio Innovations, (MBII) and Corteva Agriscience (CTVA). Under the agreement, Corteva will be the exclusive European distributor for Kinsidro Grow, a novel, foliar bionutrient that delivers key nutrients resulting in increased plant vigor. Kinsidro Grow is a proprietary product developed by Pro Farm Technologies that optimizes nutrient conditions in plants resulting in improved plant health and crop quality. Through foliar application on crops during the vegetative growth stage, the bionutrient delivers better yields and more favorable returns on investment. Kinsidro Grow is also easy to use and compatible with a grower's current agronomic practices. This collaboration represents another step forward for Corteva's expanding global biologicals portfolio, which is dedicated to developing biostimulants, biofertilizers, bionutrients, biocontrol and pheromone products with proven, predictable performance. Kinsidro Grow will provide value through enhanced crop vitality and enhancing yield potential and sustainability, in line with the Corteva Agriscience 2030 Sustainability Goals. The multi-year agreement, which goes into immediate effect, applies to European row crops such as corn, soybeans, wheat, and cotton, and builds on the successful seed treatment agreement between both companies. In 2021, Pro Farm Technologies' novel micronutrient seed treatment and growth promoter, Lumidapt, was applied on more than 10 million Pioneer corn, winter rapeseed, and sunflower seed hectares.
BKYI

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08:10 EST North Central College selects BIO-key's PortalGuard IDaaS platform - BIO-key International announced that North Central College in Naperville, IL, has selected its PortalGuard IDaaS platform to secure access to critical enterprise applications, enhance its online user experience, and reduce IT resource-related expenses. BIO-key continues to expand its national footprint in higher education with over 200 higher education institutions, including 30 IDaaS customers across 12 states, supporting over 2.5 million students, faculty, staff, administration, and alumni with cloud-based solutions
BWA

Hot Stocks

08:09 EST BorgWarner secures contract with Chinese luxury new energy vehicle brand - BorgWarner has secured a contract with a Chinese luxury new energy vehicle brand to supply its new integrated drive module equipped with its compact 800V silicon carbide inverter and hairpin electric motor. The 800V iDM220 features BorgWarner's exclusive and compact Viper power module which is the core of the SiC inverter, helping improve the range, driving performance and safety of electric vehicles. This is BorgWarner's first 800V iDM project worldwide, opening a new chapter in the company's global electric drive business.
EMKR LHX

Hot Stocks

08:09 EST Emcore to acquire L3Harris Space and Navigation Business for $5M - EMCORE Corporation (EMKR) announced that it has entered into a definitive agreement to acquire the assets and liabilities of the L3Harris (LHX) Space and Navigation Business for approximately $5M in an all-cash transaction. EMCORE will host a conference call to discuss the acquisition on February 15, 2022. Through the transaction, EMCORE will acquire all the intellectual property, and outstanding assets and liabilities of the L3Harris Space and Navigation business, including the 110,000 square foot leased production facility in Budd Lake, NJ. The consummation of the transaction is subject to customary closing conditions and is currently expected to close in the quarter ending June 30, 2022.
WOLF

Hot Stocks

08:08 EST Wolfspeed CTO Dr. Palmour elected to National Academy of Engineering - The National Academy of Engineering has elected Wolfspeed, co-founder and Chief Technology Officer, CTO, Dr. John Palmour into the organization's 2022 class for the development of Silicon Carbide-based advanced electronic devices. Palmour was one of the graduate students from North Carolina State University who founded the company in 1987 with the belief that Silicon Carbide could enable superior semiconductor technology. With his knowledge and expertise, Palmour has helped Wolfspeed transform and evolve. Now, over 30 years later, the business has grown into a pure-play semiconductor powerhouse leading the industry transition from silicon to Silicon Carbide. "We all feel privileged to be working alongside John," said Wolfspeed Chief Executive Officer Gregg Lowe, "His passion and expertise with this transformational technology has led our team to groundbreaking innovation over the years and today is enabling us to help our customers reach new levels of energy efficiency."
BWA

Hot Stocks

08:08 EST BorgWarner secures contract with major OEM - BorgWarner has secured a contract with a major global OEM to supply high voltage generator inverters to be used in an innovative electrified architecture to charge the main batteries. The silicon carbide based inverter is designed to provide high levels of continuous current and advanced cooling strategies to manage the application's challenging thermal demands. The power-dense inverters use BorgWarner's Viper family of scalable power modules coupled with enhanced thermal designs to allow continuous operation at 70% of peak current, whereas typical applications provide only 40-50% of peak current continuously. Additionally, the use of SiC power switches helps make these inverters more efficient than traditional silicon-based inverters. BorgWarner's inverter performance, robustness, scalable design, overall value, customer relationship and global manufacturing footprint are all factors that led to the business win. The inverter's production is slated for 2024.
GCMG

Hot Stocks

08:07 EST GCM Grosvenor increase stock repurchase authorization to $45M - GCM Grosvenor's Board of Directors increased its stock repurchase authorization under the company's existing stock repurchase plan authorized on August 6, 2021 by $20 million, from $25 million to $45 million
CMG

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08:07 EST Chipotle announces opening of 3,000th restaurant in Phoenix, Arizona - Chipotle Mexican Grill announced the opening of its 3,000th restaurant, in Phoenix, Arizona, featuring the brand's digital order drive thru pick-up lane called a Chipotlane. Over the next year, Chipotle plans to open between 235 to 250 new restaurants. In 2021, Chipotle opened 215 new locations in the United States, Canada and Europe, and approximately 80% of the new restaurants featured a Chipotlane.
KSS

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08:06 EST Kohl's unveils location of 400 new Sephora at Kohl's shops - Kohl's announced the list of the 400 stores that will be adding Sephora at Kohl's shops this year. From Alaska to Maine, the 400 stores will span 36 states, eight of which are brand new homes to Sephora at Kohl's. The addition of 400 stores brings the Sephora at Kohl's location total to 600 and puts the partnership on track to meet its 850 store goal by 2023.
FTHM

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08:06 EST Fathom unit acquires Cornerstone First Financial, terms not disclosed - Fathom Holdings announced that its subsidiary, Encompass Lending Group, has acquired Washington, D.C.-based Cornerstone First Financial, a residential mortgage lender. The acquisition is expected to be immediately accretive. Other terms of the transaction were not disclosed.
KUKE

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08:05 EST Kuke Music establishes a blockchain business unit - Kuke Music Holding announced that the Company has established a blockchain business unit and completed a strategic investment in KOLO, a leading international non-fungible token or NFT, platform for classical music in the Metaverse. Kuke's blockchain business unit aims to utilize blockchain technology to validate, authorize, and protect digital music copyrights. In addition, the Company's strategic investment in KOLO will further enable the development of a consumer-oriented, classical music-focused and global NFT application in the Metaverse.
PLSE

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08:05 EST Pulse Biosciences appoints Kevin Danahy as Chief Commercial Officer - Pulse Biosciences announced the appointment of Kevin Danahy to the newly created role of Chief Commercial Officer. "As an industry veteran, Kevin has a proven track record of building exceptional commercial teams and implementing strategies to drive market penetration and significant growth with new medical technologies across a variety of medical disciplines," said Darrin Uecker, President and CEO of Pulse Biosciences. "His broad experience selling complex novel platform technologies makes Kevin uniquely qualified to take on the Chief Commercial Officer role at Pulse Biosciences as we grow the CellFX System business in dermatology and expand into new applications and markets. We are delighted to welcome Kevin to the Pulse Biosciences team and look forward to the impact he will have on expanding the commercial footprint for the CellFX System."
ASC

Hot Stocks

08:04 EST Ardmore Shipping expects its sectors to continue a recovery in 2022 - Anthony Gurnee, the Company's CEO, commented: "Based upon clear and encouraging fundamentals, we expect our sectors to continue a recovery in 2022 from an already improved Q1 to-date, but also potentially influenced by many competing factors, including the evolution of the pandemic and the global economy, geopolitical concerns, and currently high oil prices impacting cargo movement and bunker costs. Notwithstanding these factors, the big picture is very much one of an ongoing economic recovery, rising tonne-mile demand, and a tight tonnage supply outlook aided by heightened tanker scrapping and a rush of newbuilding orders in other shipping sectors that has pushed tanker newbuilding prices up and delivery schedules out. Given this outlook, we have been increasing our spot exposure, while continuing a financially conservative stance in view of the potential cross currents in the market. Moving forward, Ardmore remains well positioned in terms of market upside and financial strength, with a high-quality modern fleet and a strong balance sheet."
MGI

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08:03 EST MoneyGram to be acquired by Madison Dearborn Partners for $11.00 per share - MoneyGram and Madison Dearborn Partners, a private equity firm based in Chicago, announced a definitive agreement under which funds affiliated with MDP will acquire all outstanding shares of MoneyGram for $11.00 per share in an all-cash transaction valued at approximately $1.8B. The purchase price represents a meaningful premium of approximately 50% to MoneyGram's unaffected closing stock price on December 14, 2021, the last trading day prior to media speculation regarding a possible transaction. Under the terms of the agreement, which was unanimously approved by the MoneyGram Board of Directors, MoneyGram shareholders will receive $11.00 in cash for each share of MoneyGram common stock they own. In addition, upon the closing of the transaction MDP will be refinancing the Company's outstanding debt, which was $799M as of December 31, 2021. Committed debt financing for the transaction has been provided by Goldman Sachs & Co. LLC, Deutsche Bank Securities Inc. and Barclays. The transaction is expected to close in the fourth quarter, subject to customary closing conditions, including approval by MoneyGram shareholders and receipt of regulatory approvals, including required approvals in various jurisdictions related to money transmitter licenses. Upon completion of the transaction, MoneyGram will become a private company and MoneyGram shares will no longer be listed on any public market. The agreement includes a 30-day "go-shop" period expiring on March 16. During this period, the MoneyGram Board and its advisors are permitted to actively initiate, solicit, encourage and evaluate alternative acquisition proposals, and potentially enter into negotiations with any parties that may offer alternative acquisition proposals. MoneyGram will have the right to terminate the MDP agreement to enter into a superior proposal subject to the terms and conditions of such agreement. There can be no assurance that this "go-shop" process will result in a superior proposal or that any other transaction will be approved or completed. MoneyGram does not intend to disclose developments with respect to the go-shop process unless and until its Board of Directors determines such disclosure is appropriate or is otherwise required.
WTHVF

Hot Stocks

08:01 EST Westhaven Gold reports drill results from Shovelnose gold property - Westhaven Gold announced drill results from its ongoing, fully-financed drill campaign at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt, which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia. Westhaven is reporting assays for 20 holes from its ongoing drill campaign at Shovelnose. An additional 19 holes are in the lab pending assay as well. Westhaven currently has one drill turning at the FMN target which is approximately 1.5 to 2km northwest of the recently released South Zone in-pit resource. Mineralization at the FMN target has been encountered over a strike length of 480 metres starting at the top of bedrock. Vein Zone 1 broadens up-dip, near surface, with true widths of up to 40 metres as seen in hole SN21-188. Drilling at the FMN zone is targeting higher-grade mineralization at the preferred elevation range of 1200 to 1400m over an area extending southeast towards hole SN20-139 and northwest towards and beyond hole SN21-167. Recent Drilling Highlights: SNR21-48; 129.00 metres of 0.62 g/t gold and 2.10 g/t silver, including 4.00m of 6.04 g/t Au and 20.42 g/t Ag. SNR21-49: 124.00m of 0.41g/t Au and 2.23 g/t Ag, including 1.00m of 9.02 g/t Au and 11.85 g/t Ag. SNR21-49: 11.30m of 1.17g/t Au and 5.90 g/t Ag, including 5.00m of 1.74 g/t Au and 7.70 g/t Ag. SN21-189: 3.00m of 1.50g/t Au and 613.00 g/t Ag. Peter Fischl, Exploration Manager, comments: "Recent drill results at Shovelnose continue to define broad intervals of gold mineralization contained in Vein Zones 1 and 2 and associated halos in the northwestern portion of the proposed open pit at South Zone. These drill results are not included in the recently released open-pit resource of 1.1 million ounces gold-equivalent for South Zone. These broad intercepts confirm the bulk tonnage potential at South. This mineralization remains open to the northeast of hole SNR21-48, where Vein Zone 2 is interpreted to continue up-dip from this hole. Additional step-out holes are now being planned to test further to the NE along drill section S0166. Additional gold mineralization containing significant silver was intersected in hole SN21-189. This hole was testing a CSAMT target. The nature of this mineralization is currently being evaluated."
MGI

Hot Stocks

08:01 EST MoneyGram to be acquired by Madison Dearborn Partners for $11.00 per share
MGI

Hot Stocks

07:59 EST MoneyGram trading halted, news pending
SABR

Hot Stocks

07:51 EST Sabre provides 2025 financial targets at possible bookings recovery scenarios - At greater than 80% bookings recovery, sees 2025 adjusted EBITDA greater than $900M and free cash flow greater than $500M. At greater than 100% bookings recovery, sees 2025 adjusted EBITDA greater than $1.1B, with free cash flow greater than $700M. At greater than $120% bookings recovery, sees 2025 adjusted EBITDA greater than $1.3B, with free cash flow greater than $900M.
MDGS

Hot Stocks

07:51 EST Medigus' Charging Robotics, Ben-Gurion University to develop EV charging system - Medigus announced that its wholly-owned subsidiary, Charging Robotics and BGN Technologies, the technology transferred company of Ben-Gurion University, signed an agreement to develop the next generation of Charging Robotics' wireless charging system for electric vehicles. Once developed, the system will be installed on a dedicated robot that will reside under the vehicle and automatically and wirelessly recharge the battery. The system is designed to be installed in public parking lots in a manner that will lower the infrastructure installation costs compared to other available systems. "This system addresses a key problem in the EV marketplace identified by industry experts - vehicle sales are outpacing the installation of convenient charging stations," said Liron Carmel. CEO of Medigus. "According to a report by The Fuel Institute last June, 90 percent of EV owners have their own garages, but those numbers will change dramatically as city-dwellers are buying more EVs."
AYRWF

Hot Stocks

07:50 EST Ayr Wellness closes acquisition of Levia cannabis infused seltzers - Ayr Wellness announced that it has closed the acquisition of Cultivauna, LLC, the owner of Levia branded cannabis infused seltzers and water-soluble tinctures. Levia uses a proprietary technology which provides for rapid onset of the effects of THC, typically 15-20 minutes with lasting effects up to 3 hours, allowing for a more consistent consumption experience compared to many edible products. The ownership transition was approved by the Massachusetts Cannabis Control Commission on Thursday, February 10, 2022. Terms of the transaction can be found in the Company's press release announcing the signing of a definitive agreement, dated September 7, 2021.
THTX

Hot Stocks

07:49 EST Theratechnologies launches internal field force - Theratechnologies announced it is launching an internal sales force. Paul Levesque, President and Chief Executive Officer, Theratechnologies, said, "We now possess the necessary critical mass to bring aboard a dedicated field force - as we aim towards advancing the growth of our commercial franchises. We have witnessed positive headwinds post-COVID, now that face to face meetings have resumed. This and other positive factors have led to the decision to transition from a contract field force model to one staffed by Theratechnologies employees. We are confident that hiring our own field sales and medical affairs colleagues will significantly improve the engagement and ownership of those charged with the important task of interacting with our customers. We fully expect this change will be a driver of future growth and will improve both the recruitment and retention of top talent as we begin this new chapter in the future of Theratechnologies. As we look to expand our sales and medical affairs organization, we are delighted to welcome key members of our contract field force into the Theratechnologies family."
TSEM

Hot Stocks

07:48 EST Tower Semiconductor trading resumes
CYTK

Hot Stocks

07:48 EST Cytokinetics says omecamtiv mercabil had no effect on exercise capacity - Cytokinetics, Incorporated announced topline results from METEORIC-HF, a Phase 3 clinical trial of omecamtiv mecarbil in patients with heart failure with reduced ejection fraction. Omecamtiv mecarbil is an investigational, selective, small molecule cardiac myosin activator for the treatment of heart failure with reduced ejection fraction. METEORIC-HF evaluated the effect of treatment with omecamtiv mecarbil compared to placebo on exercise capacity as determined by cardiopulmonary exercise testing following 20 weeks of treatment in patients with HFrEF receiving standard of care therapy. The trial completed enrollment of 276 patients in June 2021. There was no effect on the primary endpoint, which was the change in peak oxygen uptake on CPET from baseline to Week 20 in patients treated with omecamtiv mecarbil compared to placebo. Adverse events, including major cardiac events, were similar between the treatment arms and the safety profile of omecamtiv mecarbil in METEORIC-HF was consistent with prior clinical trials including GALACTIC-HF. Results from METEORIC-HF will be presented at the American College of Cardiology 71st Annual Scientific Session & Expo, in a Late Breaking Clinical Trial session on Sunday, April 3, 2022 from 9:45-9:55 a.m. ET. "While medical therapies have demonstrated significant reductions in the risk of adverse clinical outcomes in heart failure patients with reduced ejection fraction, as was also observed with omecamtiv mecarbil in GALACTIC-HF, demonstrating an improvement in exercise capacity with these same medical therapies has been elusive," said Fady I. Malik, M.D., Ph.D., Cytokinetics' Executive Vice President of Research & Development. "These neutral results from METEORIC-HF may provide new insights into the role of cardiac function in determining exercise capacity relative to other potential contributors such as skeletal muscle dysfunction. We are grateful to the trial investigators, site personnel, patients and caregivers who participated in the METEORIC-HF, especially given challenges posed by the pandemic." Cytokinetics recently announced that the U.S. Food & Drug Administration has accepted and filed the company's New Drug Application for omecamtiv mecarbil. The NDA is supported by the results from GALACTIC-HF, the Phase 3 cardiovascular outcomes clinical trial of omecamtiv mecarbil that enrolled over 8,000 patients in 35 countries across 945 sites. GALACTIC-HF demonstrated a statistically significant effect of treatment with omecamtiv mecarbil to reduce risk of the primary composite endpoint of cardiovascular death or heart failure events compared to placebo in patients treated with standard of care. Additional analyses from GALACTIC-HF demonstrated a greater treatment effect of omecamtiv mecarbil in patients with lower left ventricular ejection fraction, as well as other characteristics that may indicate worsening heart failure.
TSEM

Hot Stocks

07:48 EST Tower Semiconductor trading halted, news pending
RGEN

Hot Stocks

07:48 EST Repligen launches AAV affinity resins for gene therapy purification - Repligen announced the commercial launch of three advanced affinity chromatography resins for use in gene therapy manufacturing workflows. The resins - AVIPure - AAV9, AVIPure - AAV8, and AVIPure - AAV2 - were developed by Avitide, a Repligen company, and are specific to the major adeno-associated virus gene therapy vectors used today. Kevin Isett, President and CEO of Avitide said, "We are so pleased to introduce our AVIPure resins, which directly address the need for more advanced affinity solutions for gene therapy workflows. Caustic stability has been a challenge that these AVIPure resins now overcome, without sacrificing high dynamic binding capacity. We believe customers will benefit from superior process economics, including multi-cycle resin capabilities."
ATXI

Hot Stocks

07:48 EST Avenue Therapeutics trading halted, news pending
INM

Hot Stocks

07:46 EST InMed Pharmaceuticals appoints VP of Sales, Marketing for BayMedica - InMed Pharmaceuticals announces the appointment of Gerard Griffin III as Vice President, VP, of Sales and Marketing at BayMedica, a wholly owned subsidiary of InMed. Most recently, Griffin was the Vice President of Sales and Business Development at Creo Ingredients.
MINM

Hot Stocks

07:45 EST Minim partners with D-VoiS for high-performance Wi-Fi - Minim announces their partnership with India-based Internet Service Provider D-VoiS as part of their ongoing activity as a participant in the TIP OpenWiFi initiative. As part of the collaboration, Minim will provide D-VoiS with TIP OpenWiFi-driven routers and mesh systems, as well as its mobile app for its 300,000 subscribers and planned service areas throughout the country. Now with TIP OpenWiFi support on varied hardware, Minim will help enable the expansion of residential broadband to areas that were previously challenging for local ISPs to service. Leveraging the Minim platform, D-VoiS will be able to address barriers to service expansion, including high support costs due to on-site technician visits, low customer retention associated with poor connectivity and low-performance hardware. Minim has a proven track record of improving ISP operations and customer satisfaction and welcomes D-VoiS to its community of hundreds of service providers.
ACIU

Hot Stocks

07:45 EST AC Immune announces new ACI-35.030 Phase 1b/2a trial interim data - AC Immune announced new interim 10-week data from the high-dose cohort of a placebo-controlled Phase 1b/2a trial evaluating ACI-35.030, a first-in-class phosphorylated-Tau vaccine candidate in participants with early Alzheimer's disease, AD. The Company previously reported interim data from low-dose and mid-dose cohorts. ACI-35.030, based on AC Immune's SupraAntigen platform, is the first AD vaccine candidate designed to generate antibodies targeting pathological pTau in the brain. New interim data from the Phase 1b/2a trial show that the high-dose of ACI-35.030 led to the strong induction of antibodies selective for pTau and its aggregated form, enriched paired helical filaments. These data are consistent with those previously announced for the trial's mid-dose cohort that showed median anti-pTau antibody titers increasing from baseline by two orders of magnitude at week 2 after a first injection. Additional key findings from the high-dose interim analysis include: Results indicate that the induced immune response selectively targets pTau. In this interim data set to week 10, median levels of antibodies reactive with pathological Tau were boosted with both the first and second vaccine injections. Safety data provide further support for ACI-35.030's favorable safety and tolerability profile, as no clinically relevant safety concerns have been observed to date.
OCGN

Hot Stocks

07:43 EST Ocugen reports results from Harris Poll on COVID-19 vaccine options - More than one year after the first COVID-19 vaccination was administered in the United States and more than 545 million doses later, new data from a survey conducted online by The Harris Poll February 3-7, 2022, among over 2,000 U.S. adults, on behalf of Ocugen, Inc., show a majority of Americans want more COVID-19 vaccines options to choose from. Nearly three quarters of Americans would like to see additional vaccine options available that are developed from a more traditional method, such as those used for diphtheria, mumps, chickenpox, or polio, which have been used for decades in children and adults. While the childhood vaccine discussion is ongoing, the survey showed that 38% of parents with children age 5 and under say they definitely/probably will not get their children vaccinated for COVID-19 with the existing vaccines if/when they are eligible. Other key findings from the survey include: 41% of parents with children under age 18 who have not yet vaccinated their children for COVID-19, say they would be more likely to get their child vaccinated if there were a new vaccine that was more effective against multiple variants and emerging variants of concern; 70% of Americans believe it's important for children to be vaccinated against COVID-19; 75% of vaccinated Americans agree that if a COVID-19 booster is recommended every six months they will get it. Survey Method: This survey was conducted online within the United States by The Harris Poll on behalf of Ocugen, Inc. from February 3-7, 2022, among 2,015 adults ages 18+.This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated.
NTLA

Hot Stocks

07:43 EST Intellia, ONK announce licensing, collaboration agreement - Intellia Therapeutics and ONK Therapeutics announced a licensing and collaboration agreement. NK cells are specialized, naturally occurring immune cells that play a critical role in immune activation against abnormal cells, including cancer cells. The agreement grants ONK a non-exclusive license to Intellia's proprietary ex vivo CRISPR/Cas9-based genome editing platform and its lipid nanoparticle-based delivery technologies to develop up to five allogeneic NK cell therapies. ONK will receive exclusive rights to certain Intellia guide RNAs resulting from the collaboration for use in engineering those NK cell products. ONK will be responsible for preclinical and clinical development for the engineered NK cell therapies covered under the agreement. Intellia will be eligible to receive up to $184M per product in development and commercial milestone payments, as well as up to mid-single digit royalties on potential future sales. In addition, the agreement grants Intellia options to co-develop and co-commercialize up to two products worldwide with rights to lead commercialization in the U.S. ONK retains lead commercialization rights ex-U.S. If Intellia chooses to exercise the co-development and co-commercialization option on an investigational product, in lieu of the potential royalties and milestones, Intellia will share 50 percent of any future profit and loss generated by the product.
QRHC

Hot Stocks

07:41 EST Quest Resource acquires regional asset-light waste service provider for $3.35M - Quest Resource announced that it has acquired an independent environmental services company primarily servicing customers in the northeast region of the United States. The transaction is expected to be accretive on a free cash flow per share basis. The total consideration of the acquisition at close is $3.35M, which was paid in cash. "This acquisition expands our presence in the commercial real estate market with the average relationship with the largest 10 customers of more than 7 years," said Quest President and Chief Executive Officer Ray Hatch. "We look forward to providing additional value and offering broader service capabilities to this client base."
MBIO

Hot Stocks

07:39 EST Mustang Bio announces City of Hope Phase 1 trial on MB-105 presentation - Mustang Bio announced that City of Hope Phase 1 clinical trial data on MB-105, a prostate stem cell antigen chimeric antigen receptor T-cell therapy administered systemically to patients with PSCA-positive metastatic castration-resistant prostate cancer, has been selected for a poster presentation at the 2022 American Society of Clinical Oncology, ASCO, Genitourinary Cancers Symposium taking place February 17-19, 2022, both virtually and in San Francisco. The primary objectives of the Phase 1 clinical trial are to define the dose limiting toxicity, DLT, identify a recommended Phase 2 dose and describe preliminary bioactivity and efficacy. To date, 12 patients have been treated at City of Hope. Dosing began at 100 million cells without lymphodepletion chemotherapy, then lymphodepletion consisting of fludarabine and cyclophosphamide was added to 100M cells prior to dose escalation to a planned maximum of 600M cells. Three patients were treated at the 100M cell dose with no DLTs. In the 100M cells plus lymphodepletion dose level, two patients experienced DLT of grade 3 non-infective cystitis and fatigue. The protocol was amended to reduce the cyclophosphamide dose and to intensify the monitoring with early intervention for cystitis. Manuel Litchman, M.D., President and Chief Executive Officer of Mustang, said, "The Phase 1 data to be presented by Dr. Dorff on behalf of the City of Hope team demonstrate the potential of Mustang's MB-105 as a PSCA-targeted CAR T-cell therapy for prostate cancer. There is a potential to apply this therapy in other solid tumors that express PSCA. We remain encouraged by the ongoing progress of this trial as we develop our pipeline of cell therapy treatments for patients with cancers that are difficult to treat."
TGTX

Hot Stocks

07:37 EST TG Therapeutics announces data presentations from ULTIMATE I & II trials - TG Therapeutics announced the schedule of data presentations highlighting data from the ULTIMATE I & II Phase 3 trials evaluating ublituximab in patients with relapsing forms of multiple sclerosis , RMS, at the upcoming Americas Committee for Treatment and Research in Multiple Sclerosis, ACTRIMS, annual forum, being held February 24 - 26, 2022, in West Palm Beach, Florida. Michael Weiss, Chairman and Chief Executive Officer of TG Therapeutics stated, "We are pleased to have three abstracts accepted for presentation at the upcoming ACTRIMS forum, highlighting additional analyses from the ULTIMATE I & II Phase 3 trials. Each new analysis continues to be encouraging and we believe reinforces the utility of ublituximab as a potential treatment option for patients with RMS." Mr. Weiss continued, "We look forward to sharing the full data sets at the upcoming ACTRIMS meeting." Poster Presentation Title: Reduction in T1 Hypointense Lesions With Ublituximab vs Teriflunomide in the Phase 3 ULTIMATE I and II Studies in Relapsing Multiple Sclerosis. Poster Presentation Title: Neutralizing Antibodies and Antidrug Antibodies in the Ublituximab Phase 3 ULTIMATE I and II Studies in Relapsing Multiple Sclerosis. Poster Presentation Title: Pharmacodynamics of B-Cell Depletion and Pharmacokinetics of the Novel Anti-CD20 Monoclonal Antibody Ublituximab in Patients With Relapsing Multiple Sclerosis.
BCLI

Hot Stocks

07:36 EST BrainStorm receives patent in Brazil covering methods to manufacture NurOwn - Brainstorm Cell Therapeutics announced that the Brazilian Patent Office has granted the patent application titled: "A method of generating cells which secrete Brain Derived Neurotrophic Factor, or BDNF, Glial Derived Neurotrophic Factor, or GDNF, Hepatocyte Growth Factor, or HGF, And Vascular Endothelial Growth Factor, or VEGF, wherein said cells do not Secrete Nerve Growth Factor, or NGF." The granted claims cover a method of manufacturing MSC-NTF cells, or NurOwn.
SPCE

Hot Stocks

07:35 EST Virgin Galactic up 12% at $9.12 after announcing spaceflight ticket sales
W

Hot Stocks

07:35 EST Wayfair announces Sean Halligan joins as chief global supply chain officer - Wayfair announced Sean Halligan has joined the company as chief global supply chain officer. Halligan will drive the strategic supply chain initiatives that enable Wayfair to deliver an exceptional shopping experience to its customers, from product discovery to final delivery including the ongoing expansion of Wayfair's fulfillment center and delivery network and the development of the company's global freight network.
TRP

Hot Stocks

07:35 EST TC Energy raises quarterly dividend 3.4% to C$0.90 per share - Board of Directors declared a quarterly dividend of $0.90 per common share for the quarter ending March 31, 2022. The quarterly amount is equivalent to $3.60 per common share on an annualized basis, an increase of 3.4 per cent.
SAFE

Hot Stocks

07:34 EST Safehold executes private sale of Caret Units at a valuation of $1.75B - Safehold announced that it has closed on the sale of 108,571 Caret Units and received a binding commitment for the purchase of 28,571 Caret Units for $24M. Those 137,143 Caret Units equal 1.37% of the authorized Caret Units in Caret Ventures LLC, a subsidiary of Safehold, implying a total Caret Unit valuation of $1.75B. The Caret Units were purchased by a diversified group of leading FinTech, PropTech, institutional and high net worth investors, including Ribbit Capital, Fifth Wall, Zigg Capital, a leading sovereign wealth fund, Kevin Durant and Michael Rubin's family office. Safehold owns approximately 84% of the outstanding Caret Units following this sale. Safehold's management team owns approximately 15% of the Caret Units, which were earned through a shareholder approved long-term incentive plan after having reached certain stock price hurdles.
TSEM INTC

Hot Stocks

07:34 EST Tower Semi jumps 44% to $47.70 after entering deal to be acquired by Intel
ADS

Hot Stocks

07:31 EST Alliance Data reports January net charge offs 4.6% vs. 4.5% last month - Reports January delinquency ratio 4.2% vs. 3.9% last month.
MMX

Hot Stocks

07:31 EST Maverix Metals reports record FY21 of over 32,000 GEOs - Maverix Metals announced record attributable gold equivalent ounces, or GEOs, of approximately 9,000 in the Q4 of 2021 and a record of over 32,000 GEOs for the FY21, exceeding annual guidance of 31,000 GEOs1, which was increased in November 2021 from the original range of 27,000 to 30,000 GEOs1.
MCLD

Hot Stocks

07:28 EST mCloud Technologies warrants to begin trading on Nasdaq on, about Feb. 15 - mCloud Technologies announced the warrants issued in connection with the company's underwritten public offering originally announced on November 24, 2021 have been approved for listing on Nasdaq. The Warrants are expected to commence trading on or about February 15 under the symbol "MCLDW." A total of 2,415,000 Warrants have been issued. Each Warrant enables the holder to acquire one common share of the company at a price of US$4.75 per share. The Warrants expire on November 29, 2026 and the CUSIP is 582270179.
FSR

Hot Stocks

07:27 EST Fisker now accepting reservations for Fisker Pear - Fisker is now accepting reservations for its second product, the Fisker Pear. The all-electric Fisker Pear is a digitally connected, compact, five-passenger urban EV. The Fisker Pear will start at $29,900 before taxes and incentives in the U.S. Fisker's first vehicle, the all-electric Fisker Ocean SUV, will start production in November.
PYCFF

Hot Stocks

07:24 EST Mount Logan announces director changes, executive compensation modification - Mount Logan Capital is pleased to announce the appointment of Robert Warshauer as a director of the Company and the chair of the Audit Committee. Mr. Warshauer is the Chief Executive Officer of BLST Holdings, LLC, the parent of Bluestem Brands, a billion-dollar consumer finance E-Commerce and catalog retailer. In connection with Mr. Warshauer's appointment, the Company also announces that Mr. Radford Small is retiring and is stepping down as a director. As a testament to management's commitment to and belief in Mount Logan's long-term value creation potential, CEO Ted Goldthorpe, and Co-Presidents, Matthias Ederer and Henry Wang, will receive no cash salary or bonuses of any kind for the 2022 fiscal year. Instead, their compensation will be 100% equity-based compensation granted pursuant to the Company's security-based compensation arrangements that vests over time for services rendered.
ATXI

Hot Stocks

07:22 EST Avenue Therapeutics announces trading halted by Nasdaq - Avenue Therapeutics announced that NASDAQ has halted trading of the Company's common stock. The U.S. Food and Drug Administration joint meeting of the Anesthetic and Analgesic Drug Products Advisory Committee and the Drug Safety and Risk Management Advisory Committee is meeting to review the Company's New Drug Application for IV tramadol. The Advisory Committee meeting is scheduled for Tuesday, February 15, 2022, from 9:30 a.m. to 5:00 p.m. ET. FDA Advisory Committees provide the FDA with independent advice and non-binding recommendations. The FDA has previously stated that input from an Advisory Committee is needed for the Office of New Drugs to reach a decision on Avenue's formal dispute resolution request and that the OND will respond to Avenue's FDRR within 30 calendar days after the Advisory Committee meeting.
LGIH

Hot Stocks

07:20 EST LGI Homes increase stock repurchase program by $200M - On February 11, 2022, the Company's Board of Directors increased the authorization for the repurchase of shares of the Company's common stock by $200.0 million. During the three months ended December 31, 2021, the Company repurchased 378,525 shares of its common stock for $56.1 million, bringing the remaining authorization under the Company's stock repurchase program to $106.6 million as of December 31, 2021. The Board's approval increases the aggregate amount available for stock repurchases to $306.6 million as of February 11, 2022. The timing, amount and other terms and conditions of any repurchases of shares of the Company's common stock under its stock repurchase program will be determined by management at its discretion based on a variety of factors, including the market price of the common stock, corporate considerations, general market and economic conditions and legal requirements. The Company's stock repurchase program may be modified, discontinued or suspended at any time.
MOXC

Hot Stocks

07:19 EST Moxian starts bitcoin mining operations - Moxian announces that the Company has closed its private placement issue of 16 million new ordinary shares at $2.50 per share, raising an aggregate $40M. $29.8M from the private placement have been utilized to purchase bitcoin mining assets and the balance retained as working capital. Both transactions and the related agreements were approved by the shareholders of the Company at a Special Meeting held on December 28, 2022. The mining assets will be progressively deployed in operation in the United States beginning at the end of February 2022, representing a first step towards a diversification of the Company's business.
MBXBF

Hot Stocks

07:18 EST Microbix Biosystems advances comissioning of sites two, three - Microbix Biosystems announces progress with expanding manufacturing capacity of its portfolio of Quality Assessment Products brand viral transport medium - via renovating and equipping its second and third manufacturing sites in Mississauga, ON. First, the final laboratory in Microbix's second production site is now validated to accommodate automated and larger-scale manufacturing of FLOQSwab-based and liquid-formatted QAPs, as well as ongoing DxTM production. Second, renovations have now commenced at Microbix's third site. This site is being re-engineered to accommodate larger-scale production of DxTM and build-out will be largely completed in the current fiscal quarter. Initially, Microbix's high-throughput, semi-automated production process will be installed in this site, to be quickly followed by more-automated production as soon as the necessary equipment is received and validated for use, expected in the quarter ending June 30, 2022. The goal of building-out and equipping these two sites is to expand production capacity for both QAPs and DxTM by five to tenfold current levels. Dr. Ken Hughes, Microbix's Chief Operating Officer, commented, "Our manufacturing spaces at 235 Watline have been designed to support our nearer-term scaling objectives for QAPs. We're entirely committed to enabling Microbix to make QAPs at the volumes needed to support global-scale test-makers. With respect to DxTM, we are commissioning custom-designed production and warehousing spaces at 275 Watline. Dedication of our third site for DxTM production is intended to provide Ontarians and Canadians a secure and strategic-scale supply of this vital patient-sample collection device."
GUROF

Hot Stocks

07:18 EST GURU Organic Energy adds over 1,500 points of sale for energy drinks - GURU Organic Energy is pleased to announce that its plant-based energy drinks will soon be available in more than 1,500 new retail locations, including leading grocery, drug, natural and independent retail chains. These gains are primarily in California, which will have about 3,000 points of sale by late spring. Since entering the U.S. market, GURU's expansion strategy has primarily been focused on California, the country's largest consumer of organic products. GURU's four main products, GURU Original, GURU Lite, GURU Matcha, and GURU Yerba Mate, will be available in the news points of sale over the coming months.
AMC

Hot Stocks

07:16 EST AMC Entertainment to acquire, open Evanston 12 theater in Chicago - AMC announced it has reached a lease agreement with Chicago-based, GW Properties to acquire and open AMC Evanston 12, located in the Chicago area. The theatre is expected to open later this year. AMC remains in active discussions with other property owners regarding additional currently closed locations. Upon reopening, guests at AMC Evanston 12 can expect many of AMC's most popular amenities. Formally Evanston 18, six of the screens and restaurant space are being closed by GW Properties and renovated for non-theatre use.
BABYF

Hot Stocks

07:15 EST Else Nutrition appoints Susan Baker to scientific advisory board - ELSE NUTRITION HOLDINGS is pleased to announce that Dr. Susan Baker, tenured professor of Pediatrics at the University of Buffalo, to its Scientific Advisory Board. Dr. Baker is recognized as a leader, having served as Chairperson of the American Academy of Pediatrics, Committee on Nutrition, Chairperson of the American Board of Pediatrics, sub board of Gastroenterology and numerous other national and international advisory groups including the Institute of Medicine, USDA and the FDA.
HUSN

Hot Stocks

07:14 EST Hudson Capital combines with Freight App, its adopts leadership team - Hudson Capital acquired 100% of Freight App as a wholly owned subsidiary on Monday, February 14, 2022. As part of the transaction, Hudson appointed Fr8App's leadership to replace Hudson's retiring board, CEO Warren Wang, and CFO Man Yun and adopted Fr8App's U.S. Headquarters in Houston, Texas. Effective February 15, 2022, Hudson Capital named Javier Selgas as CEO and Paul Freudenthaler as CFO. The newly appointed Board of Directors includes Selgas and independent directors Nicholas Adler, Marc Urbach, and William Samuels. "We believe, Fr8App, a U.S.-headquartered, North American company, is fast becoming a leader in transportation logistics technology with a focus on US-Mexico cross-border shipping. Fr8App grew revenue by 119% in 2020 and based on preliminary results, by 134% in 2021 over the prior year. Fr8App offerings provide compelling solutions to carrier and shipper partners and to logistics industry needs in general in a freight market that is second only in size to the US domestic fleet market," concluded Selgas.
SPCE

Hot Stocks

07:14 EST Virgin Galactic to open ticket sales for spaceflight reservations to public - Virgin Galactic announced that ticket sales will open to the general public starting on February 16, providing the opportunity to purchase one of the initial spaceflight reservations and secure membership in the community of Future Astronauts. Virgin Galactic spaceflight reservations also provide access to the Future Astronaut membership community, designed and curated for experiences from the time of ticket purchase to spaceflight and beyond. Members will enjoy access to experiences, events, trips and space-readiness activities while they await their spaceflight. The spaceflight itself launches from Spaceport America in New Mexico. Starting with several days of spaceflight preparedness activities, future astronauts will stay with their guests at forthcoming custom accommodations. Guests will enjoy ]itineraries and amenities during astronaut-specific training programs. During spaceflight, astronauts will experience a 90-minute journey including a signature air launch and Mach-3 boost to space. The spaceship gracefully flips while astronauts enjoy several minutes of out-of-seat weightlessness and breath-taking views of Earth from the spaceship's 17 windows. Spaceflight reservations are a total price of $450,000. Following an initial deposit of $150,000, customers will make their final payment before their flight.
EGLX NLSN

Hot Stocks

07:13 EST Enthusiast Gaming's esports audience surpasses 145M social followers - Enthusiast Gaming (EGLX) announced the results of its latest custom study with Nielsen (NLSN) to measure the total social reach and Twitch viewership of the Company's Luminosity Gaming esports audience. The results of the latest custom Nielsen study for January 2022 show that Luminosity Gaming's total social following is now over 145M globally, having grown 13% since the last study in October 2021. In addition, the hours watched for Luminosity Gaming's esports team on Twitch surpassed 32M globally in January, an increase of 34% since the last study. "Luminosity is now head-and-shoulders above any other professional esports organization when it comes to time watched," commented Adrian Montgomery, CEO of Enthusiast Gaming. "This massive esports audience, combined with our top-ranked digital media property, makes Enthusiast Gaming the best partner for any major brand trying to connect with Gen Z and Millennials."
TPRFF

Hot Stocks

07:13 EST GCM Mining reports Segovia January gold production 16,474 ounces - GCM Mining Corp. announced that its Segovia Operations are continuing to perform as expected in 2022 with gold production of 16,474 ounces of gold in January, up from 15,055 ounces of gold in the month of January 2021. Segovia's trailing 12-months' total gold production at the end of January 2022 was 207,808 ounces, up almost 1% over last year. GCM Mining processed a total of 42,015 tonnes in January 2022 at its Maria Dama plant at Segovia, representing a daily processing rate of 1,355 tonnes per day, compared with 41,426 tonnes and 1,336 tpd in January 2021. Operating results in January 2022 reflected a scheduled semi-annual four-day plant shutdown for regular maintenance compared with a two-day maintenance shutdown in January 2021. Taking into consideration the maintenance shutdowns, the Maria Dama plant processed an average of 1,556 tonnes per operating day in January 2022 compared with 1,428 tonnes per operating day in January last year. Segovia's head grades averaged 13.5 g/t in January 2022 compared with 12.6 g/t in January last year. The activities associated with the expansion of the Maria Dama plant from 1500 to 2000 tpd are progressing well and all of the upgrades will be completed by the end of March, except for the expansion of the crushing facility which has been impacted by supply chain delays and is now expected to be completed in the second quarter of 2022. The new 200 tpd polymetallic plant at Segovia, commissioned in the fourth quarter of 2021, continued to operate in test mode in January, processing an average of approximately 107 tpd of tailings resulting in the production of 81 tonnes of zinc concentrate and 85 tonnes of lead concentrate which have been stockpiled and are awaiting shipment later in the first quarter of 2022. Payable production from the concentrates is estimated to total approximately 63,000 pounds of zinc, 97,000 pounds of lead, 8,500 ounces of silver and less than 50 ounces of gold. Actual payable quantities are subject to change and will be finalized once the concentrates are shipped. GCM Mining continues to expect that the daily processing rate of the polymetallic plant will reach its normal operating capacity in the second quarter of 2022.
VIEW

Hot Stocks

07:11 EST View smart windows selected for Trademark's new life science campus in Boston - View announced its smart windows will be installed at 100 Hood Park Drive, a seven-story spec office and laboratory building that will be a key component of Hood Park, a multi-building life science and technology hub developed by Trademark in Charlestown, Boston. View Smart Windows are expected to be installed in all office buildings in Hood Park as the extensive campus continues to be developed.
ZYNE OCX

Hot Stocks

07:09 EST Zynerba Chief Legal Officer Hanlon to retire, appoints Parker to position - Zynerba Pharmaceuticals (ZYNE) announced the appointment of Albert Parker as Chief Legal Officer and Corporate Secretary. He will assume the duties of Suzanne Hanlon who will retire from her position at the end of February 2022. Parker served most recently as Chief Operating Officer and Corporate Secretary of Oncocyte Corporation (OCX), an oncology focused precision diagnostics and monitoring company.
ACN

Hot Stocks

07:08 EST Accenture and League announce collaboration - Accenture and League, a health-focused platform-as-a-service company, announced collaboration. As part of the collaboration that combines Accenture's data analytics and systems integration capabilities with League's healthcare experience platform, the two companies will scale platform implementations and innovations to create personalized digital healthcare experiences. Accenture and League are currently working with Shoppers Drug Mart, Canada's leading retail pharmacy chain, to expand the capabilities of its PC Health platform, which provides people with a network of health care providers, health and wellness programs and rewards for completing health activities.
ABG

Hot Stocks

07:06 EST Asbury Automotive increases share repurchase pact to $200M - The Company announced that its Board of Directors increased the Company's common stock share repurchase authorization by $100M to $200M. The shares may be purchased from time to time in the open market, in privately negotiated transactions or in other manners as permitted by federal securities laws and other legal and contractual requirements. The extent to which the Company repurchases its shares, the number of shares and the timing of any repurchase will depend on such factors as Asbury's stock price, general economic and market conditions, the potential impact on its capital structure, the expected return on competing uses of capital such as strategic dealership acquisitions and capital investments and other considerations.
LIAN

Hot Stocks

07:06 EST LianBio announces mavacamten granted BTD in China - LianBio announced that the Center for Drug Evaluation, CDE, of the National Medical Products Administration, NMPA, granted Breakthrough Therapy Designation, BTD, in China for mavacamten for the treatment of patients with obstructive hypertrophic cardiomyopathy, oHCM. Breakthrough Therapy Designation was supported by data from the global Phase 3 EXPLORER-HCM trial of mavacamten in oHCM patients with New York Heart Association class II-III symptoms. In the EXPLORER-HCM trial, mavacamten met all primary and secondary endpoints with statistical significance and demonstrated clinically meaningful improvement in functional status, symptoms, and quality of life. "In a global Phase 3 trial, mavacamten demonstrated the potential to change the course of disease and restore heart function in patients with oHCM," said Yizhe Wang, Ph.D., Chief Executive Officer of LianBio. "LianBio's Phase 3 trial of mavacamten in Chinese patients with symptomatic oHCM is ongoing, and we believe Breakthrough Therapy Designation will allow us to continue to accelerate the development of mavacamten in China. We look forward to working with CDE to deliver this important medicine to patients in need."
MAR

Hot Stocks

07:05 EST Marriott added more than 86,000 rooms globally during 2021 - The company added more than 86,000 rooms globally during 2021, including approximately 43,000 rooms in international markets and a total of over 18,000 conversion rooms. Net rooms grew 3.9% from year-end 2020; At year end, Marriott's worldwide development pipeline totaled 2,831 properties and roughly 485,000 rooms, including approximately 19,000 rooms approved, but not yet subject to signed contracts. More than 202,000 rooms in the pipeline were under construction as of the end of 2021.
LGIH

Hot Stocks

07:04 EST LGI Homes sees FY22 home closings 9,000-10,000 - Sees FY22 Active selling communities at the end of 2022 will be between 110 and 120; Average sales price per home closed will be between $315,000 and $330,000; Gross margin as a percentage of home sales revenues will be between 26.5% and 28.5%; Adjusted gross margin as a percentage of home sales revenues will be between 28.0% and 30.0% with capitalized interest accounting for substantially all the difference between gross margin and adjusted gross margin; SG&A as a percentage of home sales revenues will be between 9.0% and 10.0%; and Effective tax rate will be between 23.5% and 24.5%.
MAR

Hot Stocks

07:03 EST Marriott sees FY22 investment spending $600M-$700M - Total investment spending includes capital and technology expenditures, loan advances, contract acquisition costs, and other investing activities.
MAR

Hot Stocks

07:02 EST Marriott reports Q4 comparable systemwide constant dollar RevPAR up 124.5% - Fourth quarter 2021 comparable systemwide constant dollar RevPAR increased 124.5 percent worldwide, 143.6 percent in the U.S. & Canada, and 83.3 percent in international markets, compared to the 2020 fourth quarter. Fourth quarter 2021 comparable systemwide constant dollar RevPAR declined 19.0 percent worldwide, 15.3 percent in the U.S. & Canada, and 28.2 percent in international markets, compared to the 2019 fourth quarter.
BKI

Hot Stocks

07:00 EST Black Knight CEO to switch roles to executive chairman, Joe Nackashi to succeed - Black Knight announced that Anthony Jabbour, the company's chairman and CEO, will assume the role of executive chairman of the board; Joe Nackashi, Black Knight's president, will assume the role of CEO and Kirk Larsen, Black Knight's CFO, will assume the role of president and CFO. Jabbour joined Black Knight as CEO in 2018 and became chairman and CEO in 2021. In his role as executive chairman, Jabbour will focus on the strategic direction of the company, capital allocation and will work with the executive leadership team to extend the company's track record of success. Nackashi has been president since 2017 and is a 35-year veteran of the company. These new appointments are effective May 16.
ACM

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06:57 EST Aecom appointed to Network Rail's Commercial Services Framework - AECOM announced it has been appointed to Network Rail's GBP45M Commercial Services Framework supporting the North West and Central, or NW&C, region of the U.K.'s rail network. The appointment continues AECOM's long-standing relationship with the region delivering technical, innovative and sustainable solutions to benefit Network Rail and all its passengers. The NW&C route runs from London Euston and Marylebone in the south through the Chiltern and West Midlands regions, the North West of England and Cumbria before joining with Scotland at Gretna. It includes key lines such as the West Coast Mainline, one of the busiest mixed-use passenger and freight railways in Europe, serving London, Birmingham, Manchester, Liverpool, Edinburgh and Glasgow.
BKI

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06:57 EST Black Knight acquires remaining Optimal Blue interest for $1.16B in cash, shares - Black Knight announced that it has acquired the outstanding interests of Optimal Blue from co-investors Cannae Holdings and investment entities affiliated with Thomas H. Lee Partners. The aggregate purchase consideration of $1.16B was a combination of 36,376,360 shares of Dun & Bradstreet Holdings stock valued at $722.5M and $433.5m in cash, funded by borrowings under Black Knight's revolving credit facility. The aggregate purchase consideration and number of shares of Dun & Bradstreet is based on the 20-day volume-weighted average price of Dun & Bradstreet shares ending on February 14. The transaction is expected to increase 2022 adjusted EPS by 11c and raise December 31, 2021 gross leverage ratio to 3.9X on a pro forma basis. The transaction will also simplify organizational structure with Optimal Blue as a wholly-owned subsidiary of Black Knight. Following the transaction, Black Knight owns approximately 18.5M shares of Dun & Bradstreet with a fair value of $352.8M based on the February 14 closing price of $19.10. Black Knight will continue to evaluate its remaining holdings in Dun & Bradstreet in an effort to maximize value for Black Knight shareholders.
VRAY

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06:53 EST ViewRay announces interim data from MIRAGE trial - ViewRay announced that interim data from the single center Phase III randomized MIRAGE trial, led by UCLA, comparing MRIdian MRI-guided vs. CT-guided SBRT for localized prostate cancer, will be featured at the 2022 American Society of Clinical Oncology, or ASCO, Genitourinary Cancers Symposium. Interim analysis of the primary endpoint signaled superiority of MRIdian MRI-guided SBRT with a significant reduction in acute grade greater than or equal to2 GU toxicity in men receiving MRI-guided SBRT over those receiving CT-guided SBRT. The interim analysis of data from 100 patients eligible for evaluation showed a statistically significant reduction in acute grade greater than or equal to two GU toxicity in men receiving MRI-guided SBRT and a significant reduction in acute grade greater than or equal to two gastrointestinal toxicity in men receiving MRI-guided SBRT. Acute grade greater than or equal to two GU toxicity can include adverse events range from frequent, urgent, or painful urination to pelvis pain, bladder spasms, or blood in the urine. Acute grade greater than or equal to two GI toxicity can include adverse events ranging from diarrhea, discharge, or rectal/abdominal pain to abdominal distention or obstruction. Patient-reported outcomes were measured using the International Prostate Symptom Score, or I-PSS, and Expanded Prostate cancer Index Composite, or EPIC-26. Patient reported urinary and bowel function metrics were better preserved at the one-month time point with MRI-guidance, though this difference dissipates at the 3-month time point, potentially due to management of side effects. Given the large primary endpoint signal seen, the study protocol was amended to reduce the projected sample size from 300 to 154, requiring half the number of patients while still maintaining 89% power to demonstrate superiority. Accrual of the MIRAGE trial was completed as of October 2021 and a final analysis for the primary endpoint is anticipated in early 2022.
CNNE...

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06:52 EST Cannae Holdings sells 20% interest in Optimal Blue to Black Knight for $578M - Cannae Holdings (CNNE) announced that it has sold its 20% interest in Optimal Blue Holdco to Black Knight (BKI) for total consideration of $578M. William P. Foley II, Chairman of Cannae, commented, "Optimal Blue has been a terrific operation and outperformer from day one of our investment, culminating in a 2x return on our $289 million investment made less than 18 months ago." The consideration received is comprised of $144.5M in cash and 21.8M shares of Dun & Bradstreet Holdings (DNB) valued at $433.5M. This transaction, after fees, increases Cannae's ownership of D&B from 68M shares, or 16%, to 88M shares, or 20% of Dun & Bradstreet. Foley continued, "We continue to see expanding growth opportunities both organically and inorganically in D&B and are excited to increase our commitment in terms of share ownership."
VLDR

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06:50 EST Velodyne Lidar reaches 100 partner companies in its AwV program - Velodyne Lidar announced its Automated with Velodyne, or AwV, program now has 100 partner companies working to commercialize next-generation autonomous solutions using Velodyne's lidar sensors and software. The milestone demonstrates Velodyne's continued commitment in fostering the global marketplace and innovating lidar-based solutions that advance autonomy, safety and sustainability in a diverse range of industries.
BWA

Hot Stocks

06:38 EST BorgWarner to acquire Santroll Automotive Components for up to 1.4B yen - BorgWarner, Santroll Electric Auto and Santroll Automotive Components announced that they have signed an Equity Transfer Agreement, or ETA, under which BorgWarner will acquire Santroll Automotive Components, a carve-out of Santroll's eMotor business, for up to 1.4B yen, comprised of a closing payment of 1.1B yen and an earnout of up to 0.3B yen. The transaction will be funded primarily with existing cash balances. Based in Tianjin, China, Santroll designs and manufactures hairpin and concentrated-winding technology eMotors for use in light vehicles. Santroll supplies its patented technology to the Chinese OEM market. With nearly 400 full-time employees, Santroll brings manufacturing equipment design capabilities and proven automation expertise.
WLK

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06:36 EST Westlake Chemical changes name to Westlake Corporation - Westlake Chemical announced that it plans to officially change its name to Westlake Corporation effective on February 18. Westlake is now organized under one unified brand name with two financial reporting segments: Housing & Infrastructure Products and Performance & Essential Materials. The company's common stock will continue to trade under the ticker symbol "WLK" on the New York Stock Exchange.
CERE

Hot Stocks

06:36 EST Cerevel Therapeutics announces results from Phase 1 trial evaluating darigabat - Cerevel Therapeutics announced positive results from its Phase 1 healthy volunteer clinical trial to evaluate darigabat, a novel alpha-2/3/5 selective GABAA receptor positive allosteric modulator, or PAM, in acute anxiety. Both the 7.5 mg twice-daily and the 25 mg twice-daily doses of darigabat demonstrated clinically meaningful and statistically significant anxiolytic activity compared with placebo in this proof-of-principle trial. The positive control alprazolam 1 mg twice-daily exhibited placebo-adjusted anxiolytic activity in line with expectations for this trial design. After eight days of treatment, the darigabat 7.5 mg and 25 mg twice-daily doses demonstrated a 3.9 point and 4.5 point placebo-adjusted improvement, respectively, on the primary endpoint of the Panic Symptoms List (PSL-IV) total score. The alprazolam 1 mg twice-daily dose demonstrated a 1.6 point placebo-adjusted improvement on the PSL-IV total score. These positive results were further supported by the secondary endpoint, change in the Fear Visual Analog Scale, which demonstrated a 12.8 point, 7.8 point, and 0.9 point placebo-adjusted improvement for the darigabat 7.5 mg, 25 mg, and alprazolam 1 mg twice-daily doses, respectively.
IMGN LLY

Hot Stocks

06:35 EST ImmunoGen announces global licensing agreement with Eli Lilly - ImmunoGen (IMGN) announced a global, multi-year definitive licensing agreement whereby it granted Eli Lilly and Company (LLY) exclusive rights to research, develop, and commercialize ADCs directed to targets selected by Lilly based on ImmunoGen's novel camptothecin technology. ImmunoGen retains full rights to the camptothecin platform for all targets not covered by the Lilly license. As part of the agreement, Lilly will pay ImmunoGen an upfront payment of $13M, reflecting initial targets selected by Lilly. Lilly may select a pre-specified number of additional targets, with ImmunoGen eligible to receive an additional $32.5M in exercise fees if Lilly licenses the full number of targets. ImmunoGen is eligible to receive up to $1.7B in potential target program exercise fees and milestone payments based on the achievement of pre-specified development, regulatory, and commercial milestones. ImmunoGen is also eligible for tiered royalties as a percentage of worldwide commercial sales by Lilly. Lilly is responsible for all costs associated with research and development.
WCC

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06:30 EST Wesco: Preliminary January sales up low teens y/y, high teens vs. 2019 - Comments taken from Q4 earnings conference call presentation slides.
BTRS

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06:18 EST Billtrust acquires Order2Cash, terms not disclosed - Billtrust announced it has acquired Netherlands-based Order2Cash, a B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company's European footprint, global presence and ability to expand its innovative Business Payments Network. The Order2Cash team will continue to operate from Netherlands locations in Amsterdam and Joure, as well as offices in Krakow, Poland and New York City, USA
DCFC

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06:09 EST Tritium announces partnership with Wise EV - Tritium announces a partnership with Wise EV, a subsidiary of renewable energy service provider Wise Power, to provide fast chargers for a new national EV charging network. The charging network is expected to start with 25 locations throughout Florida, with DC fast chargers at major gas stations through one of Wise EV's gas station operation partners. Florida is the number two state in the nation for overall passenger EV sales, according to the Department of Energy, and received the third largest state allocation under the February 10 Department of Transportation and Federal Highway Administration's $615M National Electric Vehicle Infrastructure Formula Program Guidance, as part of the $7.5B investment in electric vehicle charging as part of the 2022 Infrastructure Investment & Jobs Act.
OTIS

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06:09 EST Otis Worldwide announces medium-term outlook at investor day - Sees organic sales up low to mid single digits in the medium term. Sees average adjusted operating profit margin expansion of 40 basis points annually. Sees adjusted EPS CAGR of 10%+ in the medium term. Sees free cash flow conversion between 100%-110% of GAAP net income in the medium term. Otis Worldwide is hosting its 2022 Investor Day virtually. During the event, Otis leadership will provide updates on the industry and the company's medium-term outlook, including its long-term growth strategy, margin expansion drivers and capital allocation plans.
WBX GPC

Hot Stocks

06:08 EST Wallbox announces partnership with Genuine's Napa Auto Parts - Wallbox (WBX) announced a strategic partnership with NAPA AUTO PARTS, a brand of Genuine Parts (GPC) and a premier retail auto parts reseller in the U.S. NAPA AUTO PARTS stores will be an authorized dealer of Pulsar Plus, Wallbox's award-winning smart home EV charger, online and in-store at more than 6,000 locations across the United States and Canada. Pulsar Plus is available for purchase in select retail locations as of mid-February 2022. Pulsar Plus are Wallbox's best-selling home charger worldwide and is compatible with all EVs.
MSFT

Hot Stocks

06:08 EST Microsoft to reopen headquarters on February 28 - Microsoft is ready to reopen key offices after two years of pandemic-related closures and numerous delays, and now plans to enter the "final stage" of its Washington state return-to-work plan starting February 28 at which point facilities and services will be completely open to workers and visitors, the company said in a blog post. The company added: "When we originally shared our return to office approach with employees in the spring of 2020, our world looked much different. Throughout the past 18 months, we've seen exciting advances in science and medicine - from the development of vaccines to new strides in medical treatments. While the world has changed, our dedication to the safety and well-being of our employees has remained constant. As we navigate this new phase of work, we'll continue to take a data-driven approach to decision making that follows the guidance of public health authorities. We're maintaining a close watch on local health data in every area where Microsoft has a physical presence, and we'll adjust our course if necessary. We've learned a lot about working remotely in the last two years and we're fortunate to have the tools to continue doing so if needed." Reference Link
GE BA

Hot Stocks

06:07 EST Singapore Airlines signs $2.8B order for 22 GE9X engines, services - Singapore Airlines announced an additional order for 22 GE9X engines to power its fleet of Boeing (BA) 777-9 aircraft. The order, which includes a 12-year GE (GE)TrueChoice services contract, is valued at $2.8B at list price. Singapore Airlines has a total of 31 Boeing 777-9 aircraft on order and is scheduled to be the first airline in the Asia Pacific region to operate this new generation widebody aircraft. In 2017, the airline placed an initial order for 40 GE9X engines.
BTRS

Hot Stocks

06:05 EST BTRS Holdings acquires Order2Cash, terms not disclosed - Billtrust announced it has acquired Netherlands-based Order2Cash, a B2B order-to-cash platform provider. The acquisition follows the October 2021 purchase of iController, broadening the company's European footprint, global presence and ability to expand its innovative Business Payments Network. The Order2Cash team will continue to operate from Netherlands locations in Amsterdam and Joure, as well as offices in Krakow, Poland and New York City, USA.
ALLE

Hot Stocks

05:39 EST Allegion CFO Patrick Shannon to retire, Michael Wagnes to succeed - Allegion announced the appointment of Michael Wagnes, as senior vice president and CFO, effective March 1. He succeeds Patrick Shannon in that role, who has announced plans to retire by September 2 and will serve as an advisor during the transition. In his 15 years at Allegion, Wagnes has gained broad experience in finance and business leadership.
IPSEY

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05:33 EST Ipsen announces two-year follow-up data from CheckMate -9ER trial - Ipsen announced two-year follow-up results from analyses of the Phase III CheckMate -9ER trial, which demonstrated sustained survival and response rate benefits, as well as health-related quality of life, or HRQoL, improvements, with the combination of Cabometyx and Opdivo versus sunitinib in the first-line treatment of advanced renal cell carcinoma, or aRCC. These updated results will be featured in two poster presentations at the American Society of Clinical Oncology Genitourinary Cancers Symposium, or ASCO GU, from February 17 to 19. With a median follow-up of 32.9 months, Cabometyx in combination with Opdivo continued to show superiority across efficacy endpoints of overall survival, or OS, progression-free survival, or PFS, objective response rate (ORR) and disease control rate, or DCR, including increased complete response, or CR, rates compared to sunitinib. For the secondary endpoint of median OS, the combination demonstrated a maintained clinically meaningful improvement, with a 30% reduction in the risk of death compared to sunitinib. PFS benefits, the primary endpoint of the study, were also maintained, with the combination continuing to double median PFS vs. sunitinib. Additionally, both superior ORR and DCR benefits were shown to be sustained with increased follow-up for the combination versus sunitinib; ORR 55.7% vs 28.4% and DCR 88.2% vs 69.3%. Moreover, among patients treated with the combination, 12.4% had a complete response vs 5.2% for sunitinib. In a further exploratory analysis of depth of response in target lesions by organ site, a higher percentage of patients experienced tumor shrinkage benefits with Cabometyx in combination with Opdivo vs. sunitinib across all organ sites assessed. The safety profile identified in the CheckMate -9ER trial was consistent with that previously observed for Cabometyx and Opdivo. 97.2% of patients treated with the combination experienced a treatment-related adverse event of any grade, compared to 93.1% of patients treated with sunitinib. Overall, 10.6% discontinued Opdivo only, 9.1% discontinued Cabometyx only, and 7.5% discontinued both Cabometyx and Opdivo. In a separate analysis, with 32.9 months median follow-up, patients continued to report clinically meaningful HRQoL benefits with Cabometyx in combination with Opdivo compared to sunitinib. These exploratory outcomes were measured using the Functional Assessment of Cancer Therapy Kidney Symptom Index-19 which assessed quality of life, or QoL, associated specifically to kidney cancer as well as EQ-5D-3L instruments which assessed QoL more generally. HRQoL scores from these instruments were found to be improved or maintained over time amongst patients treated with the combination, while reductions in scores were observed with sunitinib. Additionally, those who received the combination were 48% less likely to be notably bothered by treatment side effects than patients in the sunitinib arm. These updated data follow the publication of 23.5 month median follow-up HRQoL data in The Lancet Oncology, published on January 12.
GDDY

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05:21 EST GoDaddy enters $750M share repurchase agreements - GoDaddy announced it entered into accelerated share repurchase agreements with each of Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC to repurchase an aggregate of $750M of GoDaddy's Class A common stock. GoDaddy expects final settlement of the ASRs to occur during the second quarter of 2022. As disclosed in its fourth quarter and full year 2021 earnings release on February 10, GoDaddy's board of directors authorized a multi-year $3B share repurchase plan. The ASR Agreements represent a significant step in this share repurchase plan.
ZEAL

Hot Stocks

05:17 EST Zealand Pharma completes patient enrollment in dasiglucagon trial - Zealand Pharma announced completion of patient enrollment in the second Phase 3-trial, 17103, of dasiglucagon for the treatment of Congenital hyperinsulinism, or CHI, in neonates up to 12 months old. This Phase 3 study is the last in the program which constitute the largest clinical development program ever conducted in CHI.
BX

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05:16 EST Blackstone announces EUR 21B recapitalization of Mileway - Blackstone announced that existing investors in Mileway, its 14.7M square meter pan-European last mile logistics company, have agreed to recapitalize the company for EUR 21B alongside Blackstone's Core+ strategy, and to hold the business for the long term. The recapitalization remains subject to a "go-shop" process which will commence immediately. Over the past six years, Blackstone and Mileway's management team have grown the company into the largest last mile logistics portfolio in Europe. Today it comprises over 1,700 last mile logistics assets, amounting to 14.7M square meters across 10 countries. In connection with the recapitalization, existing Mileway investors have been offered the opportunity to retain or increase their shareholding, or exit for cash. The large majority of capital for the recapitalization is coming from existing investors.
BA

Hot Stocks

05:13 EST Boeing awarded three PBL contracts from ROK DAPA - Boeing has received three performance based logistics, or PBL, contracts from the Republic of Korea's Defense Acquisition Program Administration, or DAPA, to manage sustainment of Republic of Korea Air Force, or ROKAF, F-15K fighter jets and Airborne Early Warning & Control, or AEW&C, aircraft, and Republic of Korea Army, or ROKA, CH-47 Chinook helicopters. The five-year contracts will improve aircraft availability by using performance data to inform logistics and supply chain management activities.
INTC TSEM

Hot Stocks

05:11 EST Intel to acquire Tower Semiconductor for $5.4B, sees accretion - Intel (INTC) and Tower Semiconductor (TSEM) announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4B. The acquisition advances Intel's IDM 2.0 strategy as the company further expands its manufacturing capacity, global footprint and technology portfolio to address industry demand. The transaction is expected to be immediately accretive to Intel's non-GAAP EPS. Intel intends to fund the acquisition with cash from the balance sheet. The transaction is expected to close in approximately 12 months. It has been unanimously approved by Intel's and Tower's boards of directors and is subject to certain regulatory approvals and customary closing conditions, including the approval of Tower's stockholders. IFS and Tower Semiconductor will run independently until deal closure; IFS will continue to be led by Thakur, and Tower will continue to be led by Ellwanger during this time. Upon the close of the transaction, Intel's intent is for the two organizations to become a fully integrated foundry business. The company will share more details on integration plans at that time.
CALT

Hot Stocks

05:07 EST Calliditas Therapeutics announces first patient randomized in TRANSFORM study - Calliditas Therapeutics announced that the first patient has been randomized in the company's pivotal phase 2b/3 TRANSFORM study in patients with primary biliary cholangitis, or PBC. The TRANSFORM trial is a 52-week, randomized, placebo-controlled, double-blind, adaptive Phase 2b/3 trial. It will initially investigate the effect of setanaxib 1200 mg/day and 1600 mg/day versus placebo on alkaline phosphatase, or ALP, reduction in patients with PBC and with elevated liver stiffness and intolerance or inadequate response to ursodeoxycholic acid, or UDCA. Key secondary endpoints include change from baseline in liver stiffness, assessed by transient elastography and change from baseline in fatigue. An interim analysis will be conducted once the 99th randomized patient has completed the Week 24 visit, which is expected H1 2023. The interim analysis outcome will determine which of the two doses will be selected for the Phase 3 portion of the trial. This global study will randomize a total of approximately 318 patients at up to 150 investigational centers, and expects to read out top line data in H2 2024/H1 2025.