Stockwinners Market Radar for February 22, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SQ

Hot Stocks

20:43 EST Cathie Wood's ARK Investment bought 211K shares of Block today
TSLA

Hot Stocks

20:41 EST Cathie Wood's ARK Investment bought 24.4K shares of Tesla today
SHOP

Hot Stocks

20:40 EST Cathie Wood's ARK Investment bought 35K shares of Shopify today
ZM

Hot Stocks

20:38 EST Cathie Wood's ARK Investment bought 115K shares of Zoom Video today
PATH

Hot Stocks

20:37 EST Cathie Wood's ARK Investment bought 474K shares of UiPath today
OSTK ICE

Hot Stocks

18:35 EST Overstock.com jumps 9.6% to $39.93 after ICE announced investment in tZero
CARR

Hot Stocks

18:25 EST Carrier Global CEO: Trends here to stay play right to our strengths - In an interview on CNBC's Mad Money, Dave Gitlin said more money is being spent on sustainability, which is right in Carrier's wheelhouse. He feels "very good" about sustained growth for the company. Following the spin, the Carrier has become externally focused, he noted. The company has a "very good handle" on inflationary pressures, Gitlin added. It is driving cost out of the system and managing inflation through pricing, he said.
CCOEY

Hot Stocks

18:08 EST Capcom unveils 'Street Fighter 6' - Capcom announced yesterday that "Street Fighter 6." The company did not produce any details about the game or provide a release date, but noted that more information about the game is coming this summer. Reference Link
ONCS

Hot Stocks

18:01 EST OncoSec appoints George Chi as CFO - OncoSec appointed George Chi as Chief Financial Officer. Chi joins the company from THPlasma, where he served as CEO since July 2020. Prior to joining THPlasma, Chi served as CFO of CASI Pharmaceuticals from September 2018 to February 2020.
MRNA

Hot Stocks

17:37 EST Moderna announces Latin America distribution partnership with Adium Pharma - Moderna announced a distribution service agreement with Adium Pharma S.A., a private Latin American pharmaceutical company, to support the commercialization of the Moderna COVID-19 vaccine, Spikevax across Latin America. The agreement covers 18 countries in Latin America, including Brazil, Mexico, Colombia, and Argentina. "Our new partnership with Adium will help ensure broad access and delivery of our Moderna COVID-19 vaccine to people across Latin America," said Stephane Bancel, Chief Executive Officer of Moderna. "A presence in Latin America is a key part of our global commercial strategy. These partnerships and the expansion of our global commercial footprint position Moderna to play an important role in providing healthcare security against COVID-19 and future vaccine-preventable diseases." Moderna has a commercial presence in 11 countries worldwide (Australia, Canada, France, Germany, Italy, Japan, South Korea, Spain, Switzerland, UK, U.S.) and recently announced plans to increase its commercial footprint across ten additional markets in Asia-Pacific (Hong Kong, Malaysia, Singapore, Taiwan) and Europe (Belgium, Denmark, the Netherlands, Norway, Poland, Sweden) in 2022. The Company also has commercial agreements with distributors to supply the Company's COVID-19 vaccine in 45 countries, with Zuellig Pharma in the Asia Pacific, Medison Pharma in Central Eastern Europe and Israel, and Adium Pharma in Latin America. In addition, Moderna announced an agreement with Gavi, the Vaccine Alliance, to supply up to 650 million doses of the Company's COVID-19 Vaccine across 2021 and 2022, covering the 92 Gavi COVAX Advance Market Commitment (AMC) low- and middle-income countries.
FUV

Hot Stocks

17:31 EST Arcimoto, Faction showcase driverless delivery vehicle - Faction Technology and Arcimoto "showcased a next-generation driverless delivery vehicle based on the Arcimoto Platform at the new Arcimoto RAMP manufacturing facility in Eugene, Oregon today. Equipped with Faction's DriveLink and TeleAssist technologies, the completely driverless Faction D1 combines autonomy with remote human teleoperation. The driverless vehicle system retains the Arcimoto FUV's capabilities of a 75 mph top speed and just over 100 miles of range while transporting up to 500 pounds of cargo."
CZR

Hot Stocks

17:29 EST Caesars says will curtail media spend effective immediately - Says omicron nipped the company in the bud in the last two weeks of the year. Says omicron continued to impact occupancy in January. Says got a good setup in Vegas going forward. Says hoping New Orleans restrictions go away post Mardi Gras. Says in all states reporting sports betting revenue, the company has 21% of sports betting market in U.S. Says next step is moving toward profitability. Says will curtail media spend effective immediately. Says will see commercials largely disappear from screens. Says largely off traditionally media except with the launch in new states from here. Says New York volumes and market share were two times higher than expectations. Says this quarter is peak EBITDA loss. Comments taken from Q4 earnings conference call.
FUV

Hot Stocks

17:27 EST Arcimoto starts operations in new RAMP manufacturing facility - Arcimoto cut the ribbon on the RAMP, a facility encompassing approximately 250,000 square feet under roof on more than 10 acres in Eugene, Oregon. More than five times as large as Arcimoto's current manufacturing facilities, the RAMP will be instrumental in achieving mass production of Arcimoto's ultra-efficient electric vehicles.
PANL

Hot Stocks

17:26 EST Pangaea Logistics names Mads Boye Petersen as new COO - Pangaea Logistics announced that Mads Boye Petersen has been appointed its COO, effective on April 1, 2022. Petersen replaces Mark Filanowski, who was promoted to CEO of Pangaea in December 2021. As Chief Operating Officer, Mr. Petersen will have broad responsibilities, including group strategy and execution, as well as capital market and ESG initiatives.
MOS

Hot Stocks

17:11 EST Mosaic drops 7% to $41.15 after Q4 results miss estimates
LEE

Hot Stocks

17:10 EST Lee Enterprises 'disappointed, but not surprised' by Alden Global lawsuit - Lee Enterprises issued the following statement in response to the recent lawsuit filed by Alden Global Capital LLC in the Delaware Court of Chancery: "We are disappointed, but not surprised, that Alden continues to pursue increasingly desperate measures in an attempt to destabilize Lee and advance its grossly undervalued hostile proposal to purchase the Company. We are applying the clear and plain language of our bylaws, which is not new, and our position that plurality voting applies at this meeting (because of Alden's actions) has been abundantly clear in our disclosures for over a month now. Alden asked us last week to amend our bylaws to change the clear meaning of them in the middle of an election. The Board properly determined not to do so." Lee's Board urges shareholders to protect their investment by voting "FOR" ALL the Board's nominees using the WHITE proxy card. All shareholders at the close of business on January 12, 2022 are entitled to vote at the Annual Meeting.
RGCO

Hot Stocks

17:05 EST RGC Resources withdraws FY22 earnings guidance - RGC Midstream, a subsidiary of RGC Resources, issued the following statement concerning its investment in the Mountain Valley Pipeline: "Due primarily to recent decisions by the U.S. Court of Appeals for the Fourth Circuit vacating and remanding certain permits necessary for the completion of MVP construction and commercial operation, and the greater uncertainty that now exists given the Court's actions, as well as the recent actions by project partners to impair their respective investments and the discontinuance of the previously-publicized summer 2022 in-service target for the MVP project, Midstream is evaluating the degree to which a material impairment to its investment exists. It is likely that Midstream will recognize a material impairment charge in the fiscal second quarter. A public disclosure concerning the nature and amount of the impairment charge will be made in accordance with SEC rules. Regardless of impairment to Midstream's investment in the MVP joint venture, Resources remains committed to completing the MVP project and is supportive of engagement with federal agencies, legal counsel and the other joint venture partners to evaluate the best path forward. Resources' 2022 earnings guidance assumed a summer of 2022 MVP in-service. Projected earnings from Midstream's equity investment were incorporated in Resources' 2022 guidance. Due to the impairment evaluation and the discontinuance of the summer 2022 in-service target for the MVP project, Resources is withdrawing its fiscal 2022 earnings guidance."
SGTX

Hot Stocks

17:01 EST Sigilon Therapeutics appoints Sarah Yuan as chief technical operations officer - Sigilon Therapeutics announced the appointment of Sarah Yuan as chief technical operations officer, effective March 7. Yuan brings more than 20 years of experience in process development, manufacturing sciences and CMC strategies from a broad range of leading biopharmaceutical companies.
API

Hot Stocks

17:01 EST Agora announces $200M share repurchase program - Agora announced that its board of directors has authorized a share repurchase program under which Agora may repurchase up to $200M of its Class A ordinary shares in the form of American depositary shares over the next 12 months, subject to relevant rules under the Securities Exchange Act of 1934, as amended, and Agora's insider trading policy.
VIEW

Hot Stocks

17:01 EST View Inc. reaffirms expectation to complete financial restatements - View, Inc. reaffirmed the company's expectation to issue its restated 2019, 2020 and Q1 2021 financial statements, as well as its Q2 2021, Q3 2021 and full year 2021 financial statements in the first quarter of 2022. As expected, View received a Staff Delisting Determination from the Listing Qualifications Department of The Nasdaq Stock Market LLC. On February 22, 2022, the Company appealed the Staff Determination by requesting a hearing before a Nasdaq Hearings Panel to present its plan to regain compliance with the applicable listing requirements. Under Nasdaq Listing Rules, such request automatically stays the suspension of the Company's securities for a period of 15 days from the date of the request. In connection with its request for a hearing, the Company has also requested that the suspension and delisting of its common stock be further stayed pending the hearing and a decision of the Hearings Panel. According to the Staff Determination, hearings are typically scheduled to occur approximately 30-45 days after the date of a Company's hearing request. Completing financial restatements as well as releasing quarterly and annual filings detailed above would regain compliance with applicable NASDAQ listing requirements.
MOS

Hot Stocks

16:59 EST Mosaic sees FY22 total CapEx $1.1B, down from $1.3B in FY21 - Reflecting the completion of K3.
MOS

Hot Stocks

16:58 EST Mosaic announces new $1B share repurchase program, dividend raise in Q2 - Mosaic anticipates returning the majority of free cash flow to shareholders in 2022. The company believes up to 75% of free cash flow will be distributed to shareholders through a combination of dividends and share repurchases. Mosaic expects to initiate an accelerated share repurchase of $400M in February. Following execution of the ASR, Mosaic will have repurchased approximately $830M under the current $1B authorization established in August 2021. Mosaic expects to exhaust the remaining portion of the current authorization through open market purchases. As a result, the Mosaic Board of Directors has approved the establishment of a new $1B share repurchase authorization, which will take effect immediately following completion of the current program. The Mosaic Board of Directors has also approved a regular dividend target increase to 60c per share annually from 45c, beginning with the second quarter payment.
FANG

Hot Stocks

16:58 EST Diamondback CEO Travis Stice assumes chairman role, Daniel Wesson named COO - Diamondback Energy announced a series of leadership appointments and promotions, effective immediately. Travis Stice will assume the role of chairman of the board of directors of Diamondback and will remain in his current role as CEO. Steven West, current chairman, will remain on the board as a director. Kaes Van't Hof, currently CFO and executive VP of business development, has been appointed president. Van't Hof will also remain in his current role as CFO. Daniel Wesson, currently executive VP of operations, has been appointed COO of Diamondback, reporting to Kaes Van't Hof. As COO, Wesson's reporting responsibilities will include reservoir engineering, geology, drilling, completions, production, midstream, oil and gas marketing, safety and sustainability.
WSR

Hot Stocks

16:56 EST Whitestone REIT raises annual cash dividend by 11.6% - Whitestone REIT announced that its Board of Trustees has declared a monthly cash dividend on the Company's common shares, increasing the monthly dividend rate to 4c per share, up from 03.5833c per share. The dividend increase represents a quarterly amount of 12c per share, and an annualized amount of 48c per share, up 11.6% from the previous annualized level of $0.43 per share. "At Whitestone, we are successfully executing on our growth strategy and improving the Company's financial and operational performance to deliver even greater returns for shareholders," said Dave Holeman, Whitestone's CEO. "This dividend increase reflects the Board's confidence in the underlying strength of Whitestone and its assets, its talented employees and new management team, and bright prospects for sustainable growth and value creation. We are proud of our improving results and cash flow generation and look forward to building and reporting on our progress."
VSH

Hot Stocks

16:53 EST Vishay names Joel Smejkal CEO amid Dr. Gerald Paul's retirement - Vishay Intertechnology announced that Dr. Gerald Paul has decided to retire as President and Chief Executive Officer and as a member of the Board of Directors on December 31. The Board of Directors has appointed Joel Smejkal, Executive Vice President, Corporate Business Development, to succeed Dr. Paul as President and Chief Executive Officer. The Board also intends to appoint Mr. Smejkal to the Board of Directors, effective upon Dr. Paul's retirement. In addition, the Board has appointed Jeff Webster, Executive Vice President, Business Head Passive Components, to the newly created position of Chief Operating Officer, reporting to the Chief Executive Officer. Both Messrs. Smejkal and Webster will assume their new roles on January 1, 2023.
MBII

Hot Stocks

16:50 EST Marrone Bio appoints LaDon Johnson interim CFO amid Cheung resignation - Marrone Bio Innovations announced a transition of its Chief Financial Officer role. Current CFO Sue Cheung has chosen to resign for personal reasons, effective March 9 . LaDon Johnson, a director with CFO Systems, has been appointed interim CFO on a consulting basis while the company begins a national search for a permanent CFO. "We appreciate Sue's contributions to Marrone Bio over the past year, and wish her the best," said Chief Executive Officer Kevin Helash. "I have full confidence in LaDon and our finance organization, and expect the transition to be seamless." Johnson has more than 30 years of experience in global corporate finance in the agriculture, food, renewables and biotechnology sectors. Previous roles include serving as CFO for an international biotechnology company and as Managing Director and CFO for the fifth largest crop seed company in the world.
NCNA

Hot Stocks

16:50 EST NuCana completes enrollment in NuTide:121 study - NuCana announced it has completed enrollment of the number of patients in the ongoing Phase III NuTide:121 study required to conduct the second interim analysis, which is expected to occur in the second half of 2022 after the 644th patient has completed 28 weeks of follow-up. The NuTide:121 study is comparing Acelarin combined with cisplatin to the global standard of care, gemcitabine plus cisplatin, as a first-line treatment for patients with advanced biliary tract cancer. As previously announced, NuCana expects to conduct the first interim analysis after the 418th patient has completed 28 weeks of follow-up, which is expected to occur in the first half of 2022.
EXPO

Hot Stocks

16:47 EST Exponent board approves a $150M expansion of share repurchase pact - Exponent announced that its Board of Directors approved a $150M expansion of its share repurchase program, adding to the $29.5 million that remains available under the current authorization for repurchases. In total, the Company now has approximately $179.5 million available to repurchase shares. The Company has repurchased $38.9 million of common stock in fiscal year 2022. "Today's announcement, combined with the recent 20% increase in our quarterly dividend, reflects our unwavering confidence in Exponent's strategic direction and our commitment to delivering long-term value for our shareholders," commented Dr. Catherine Corrigan, President and Chief Executive Officer. "Exponent's balanced capital allocation strategy includes investing in initiatives to drive long-term profitable growth while also returning cash to shareholders through dividends and repurchases. This is supported by our consistent cash flow and strong financial position, including that we ended fiscal 2021 with $297.7 million in cash and cash equivalents."
STRL

Hot Stocks

16:46 EST Sterling Construction reports $160M in Q4 specialty service project wins - Sterling Construction "announced that its Specialty Services segment, which focuses on multiple "E-Infrastructure" categories, was awarded projects totaling $160 million during the fourth quarter of 2021. Sterling's Specialty Services projects include large-scale site development services for data centers, ecommerce distribution centers, warehouses, industrial developments, and multi-use residential facilities." CEO Joe Cutillo says: "Our commitment to our strategic vision to transform the company to an Infrastructure Solutions Provider continues to position Sterling in the right markets at the right time. With our recent acquisitions, we are now able to cover the ever-growing E-Infrastructure developments of blue-chip customers in all major East Coast markets. The recent project awards demonstrate our expanding leadership position with leading customers that value our high-quality execution. These wins in our Specialty Services segment enabled us to end 2021 strong and positions us well for a solid start to 2022."
RRC

Hot Stocks

16:46 EST Range Resources expands share repurchase program by $500M - Range's board of directors approved an expansion of the company's share repurchase program with $500M available and effective immediately. This repurchase program, which is equivalent to approximately 10% of Range's market capitalization, is expected to be funded with free cash flow generation.
RRC

Hot Stocks

16:45 EST Range Resources reinstates quarterly cash dividend - Range's board of directors has approved the reinstatement of the company's regular quarterly cash dividend, with payments expected to start in the second half of 2022, at an anticipated annual dividend rate of 32d per share of the company's common stock. Details regarding the record and payment dates for quarterly dividends will be announced as each quarterly dividend is formally declared by the board.
TXRH

Hot Stocks

16:45 EST Texas Roadhouse boosts dividend to 46c per share - On February 17 the Board of Directors authorized the payment of a quarterly cash dividend of $0.46 per share of common stock. This payment will be distributed on March 25, 2022, to shareholders of record at the close of business on March 9, 2022.
TPB

Hot Stocks

16:44 EST Turning Point Brands raises quarterly dividend 9% to 6c per share - The Board of Directors of Turning Point Brands declared a regular quarterly dividend of 6c per common share. This is a 9% increase over the regular quarterly dividend declared in November 2021. The dividend is payable on April 8, 2022, to shareholders of record on the close of business on March 18, 2022.
FTEK

Hot Stocks

16:43 EST Fuel Tech awarded air pollution control orders totaling $5.3M - Fuel Tech announced the receipt of multiple air pollution control contracts from customers in India, South Africa, the US, and China. These awards have an aggregate value of approximately $5.3M. Vincent J. Arnone, President and Chief Executive Officer, commented, "We are pleased to announce these contract awards including our first Fuel Tech Flue Gas Conditioning systems in India along with our first electrostatic precipitator upgrade in South Africa. These awards represent the breadth of Fuel Tech's technology solutions that can be provided to a wide range of end markets, fuels, processes and geographies. We are excited to be supporting the needs of both new customers and existing end users. We have begun to see activity in our markets increase with the improved economic outlook as the effects of the COVID-19 pandemic subside."
VRSK

Hot Stocks

16:39 EST Verisk Analytics says board approved an additional $1B to repurchase pact - Including the accelerated share repurchase settled in the fourth quarter of 2021, we repurchased approximately 352 thousand shares at an average price of $212.82 per share, for a total cost of $75.0 million for the fourth quarter of 2021. On December 31, 2021, we had $603.8 million remaining under our share repurchase authorization. On February 16, 2022, our Board of Directors approved an additional authorization of $1.0 billion.
VRSK

Hot Stocks

16:37 EST Verisk Analytics boosts dividend 6.9% to 31c per share - On December 31, 2021, we paid a cash dividend of 29 cents per share of common stock issued and outstanding to the holders of record as of December 15, 2021. On February 16, 2022, our Board of Directors approved a 6.9% increase in our cash dividend to 31 cents per share of common stock issued and outstanding, payable on March 31, 2022, to holders of record as of March 15, 2022.
ICE

Hot Stocks

16:37 EST IntercontinentalExchange announces strategic investment in tZERO - Intercontinental Exchange announced that it is making a strategic investment in tZERO, a player in blockchain innovation and liquidity for digital assets. In connection with ICE's investment in tZERO, David Goone, a longtime member of ICE's management team and currently ICE's Chief Strategy Officer, will join tZERO as its next Chief Executive Officer and will serve on tZERO's Board of Directors. "David Goone was present at many of ICE's milestone moments and deals over two decades, a key player on our management team as we built our world-class trading, clearing and data infrastructure and product line, and has been a steward of our problem-solving culture," said Jeff Sprecher, Founder, Chairman and CEO of Intercontinental Exchange. "David's leadership and his mastery of trading, data, and clearing technology will be a big asset as tZERO begins its next chapter leading the growth and adoption of next-generation market infrastructure."
LFT

Hot Stocks

16:34 EST Lument Finance Trust raises $83.5M in rights offering - Lument Finance Trust announced the final results of its transferable rights offering, which entitled holders of rights to purchase one share of common stock for every right held at a subscription price of $3.06 per share. The rights offering expired on February 11 at 5:00 p.m., New York City time. The company received subscription requests for 27,277,269 shares of common stock. Accordingly, the company raised aggregate gross proceeds of approximately $83.5M in the rights offering. The company issued the 27,277,269 shares of common stock subscribed for in the rights offering on February 22. The company intends to use the net proceeds from the sale of shares of its common stock in the rights offering to acquire or originate commercial real estate mortgage loans in accordance with the company's investment strategy and for other general corporate purposes.
BREZ

Hot Stocks

16:32 EST Breeze Holdings Acquisition announces additional $1.15M added to trust account - Breeze Holdings Acquisition Corp. announced that its sponsor, Breeze Sponsor, timely deposited an aggregate of $1.15M, representing 10c per public share, into the company's trust account in order to extend the date by which the company has to consummate a business combination from February 25 to May 25. The Sponsor loaned the Extension Payment to the company in exchange for a promissory note in the amount of the Extension Payment. The loan under the promissory note is non-interest bearing and will be repaid upon the consummation of a business combination. The company's stockholders are not entitled to vote on or redeem their shares in connection with such extension.
AMSF

Hot Stocks

16:32 EST Amerisafe raises quarterly dividend 6.9% to 31c per share - Amerisafe announced that its Board of Directors has increased the quarterly dividend by 6.9%, from 29c to 31c per share. The Board of Directors declared a quarterly cash dividend of 31c per share, payable on March 25, 2022 to shareholders of record as of March 11, 2022.
PANW

Hot Stocks

16:31 EST Palo Alto Networks jumps 6% to $503 after Q2 results beat, FY22 guidance raised
PANW

Hot Stocks

16:29 EST Palo Alto Networks jumps 6% to $503. after Q2 results beat, FY22 guidance raised
CZR

Hot Stocks

16:26 EST Caesars CEO says Caesars Sportsbook 'continues to exceed our expectations' - Tom Reeg, CEO of Caesars Entertainment, Inc., commented, "Our quarterly operating results reflect new fourth quarter records for Adjusted EBITDA and Adjusted EBITDA margin in both our Las Vegas and Regional segments. Caesars Sportsbook continues to exceed our expectations for new customer registrations, deposits and market share, especially in recently launched jurisdictions."
SPCE

Hot Stocks

16:24 EST Virgin Galactic sees Q1 free cash flow of ($85M) to ($75M)
SATS...

Hot Stocks

16:24 EST EchoStar names Hamid Akhavan as CEO, effective March 31 - EchoStar (SATS) announced that Hamid Akhavan will be appointed CEO and President, effective March 31. Akhavan will succeed Michael Dugan, who will be retiring as CEO and President effective March 31, after over 30 years of service to EchoStar and its predecessors. Akhavan has extensive leadership experience at major telecommunications and technology companies, including as CEO of Unify, Inc. and CEO of T-Mobile (TMUS), where he also served as a member of the Board of Management of Deutsche Telekom (DREGY).
IMKTA

Hot Stocks

16:23 EST Ingles Markets names Patricia Jackson CFO - Ingles Markets announced the promotion of Patricia (Pat) E. Jackson to Chief Financial Officer (CFO) effective February 23, 2022. Pat will replace Ronald B. Freeman who recently retired as CFO. "We are proud to promote Pat Jackson as our new CFO. We look forward to her effective leadership and sound judgment helping us maintain our strong financial posture," said Robert P. Ingle II, Chairman of the Board.
WK

Hot Stocks

16:23 EST Workiva names Julie Iskow president, COO - Workiva announced promotion of Julie Iskow to president and chief operating officer, effective March 1, 2022. In her new role, Iskow will be responsible for Workiva's global growth strategy and commercial operations, including enterprise-wide product development, platform innovation, sales, marketing, service delivery, and customer success. She will continue to report to Marty Vanderploeg, chief executive officer. "Julie's expertise, insight and leadership have played an integral role in our company's success," said Vanderploeg. "She established our commercial go-to-market strategy centered around innovation; instituted discipline and scale across our R&D, product, sales, marketing and customer success organizations; and built a high-caliber, collaborative team. Julie is a trusted advisor and a valuable member of our executive team. I'm looking forward to working closely with her as we advance Workiva's mission of powering transparent reporting for a better world."
ESGC

Hot Stocks

16:22 EST Eros STX Global receives NYSE extension for delayed annual report - Eros STX Global Corporation announced that the New York Stock Exchange granted the Company an extension through May 31, 2022, subject to reassessment on an ongoing basis, to complete and file with the Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended March 31, 2021 and any subsequent delayed filings. The NYSE notified the Company that it will closely monitor the Company's progress with the interim milestones the Company previously submitted to the NYSE. Failure to achieve these interim milestones could result in an accelerated trading suspension prior to May 31, 2022. The NYSE separately notified the Company that it regained compliance with the NYSE's minimum trading price requirement. The Company regained compliance as of February 21, 2022 because the closing share price for its common stock was above $1.00 and its average closing share price over the preceding consecutive 30 trading-day period was also above $1.00. In the event the Company again falls below thresholds, the Company will be subject to immediate review by the NYSE.
RNG

Hot Stocks

16:21 EST RingCentral sees Q1 EPS 34c, consensus 33c - Sees Q1 revenue $455M-$459M, consensus $450.6M.
HBB

Hot Stocks

16:20 EST Hamilton Beach announces $25M share repurchase plan - The Board of Directors approved a stock repurchase program providing for the purchase of up to $25M of the company's outstanding Class A Common Stock effective immediately and running through December 31, 2023. The company's previously authorized share buyback program was approved by the Board of Directors in November 2019 for the purchase of up to $25M of the company's outstanding Class A common stock through December 31, 2021. Under the company's previously authorized share buyback programs, the company has repurchased a total of 364,893 shares for a total aggregate purchase price of $6M.
RNG

Hot Stocks

16:20 EST RingCentral reports Q4 subscriptions revenue up 37% y/y - Reports Q4 Office ARR up 41% y/y to $1.7B
TXRH

Hot Stocks

16:19 EST Texas Roadhouse declares quarterly dividend of 46c per share - On February 17, the Board of Directors authorized the payment of a quarterly cash dividend of $0.46 per share of common stock. This payment will be distributed on March 25, 2022, to shareholders of record at the close of business on March 9, 2022.
LEG

Hot Stocks

16:19 EST Leggett & Platt announces Q1 dividend of 42c per share, up 5% y/y - Leggett & Platt's Board of Directors announced a dividend of 42c per share for the first quarter, an increase of 2c per share or 5% versus the first quarter of 2021. The dividend will be paid on April 15 to shareholders of record on March 15.
TXRH

Hot Stocks

16:18 EST Texas Roadhouse sees store week growth of approximately 6.5% - Comparable restaurant sales at company restaurants for the first seven weeks of our first quarter of fiscal 2022 increased 20.6% compared to 2021. Store week growth of approximately 6.5%, including the impact of the seven franchise locations acquired.
HCC

Hot Stocks

16:18 EST Warrior Met Coal sees FY22 coal sales 5.5M-6.5M short tons - Sees FY22 coal production 5.5M-6.5M short tons
MTB

Hot Stocks

16:18 EST M&T Bank re-authorizes stock repurchase program of up to $800M - M&T Bank announced that its Board of Directors re-authorized a stock repurchase program of up to $800M of shares of common stock, 50c par value per share, on the open market or in privately negotiated transactions. The Board originally authorized the program in January 2021, but no repurchases were made in 2021 following M&T's announcement of its pending merger with People's United Financial.
HCC

Hot Stocks

16:17 EST Warrior Met Coal reports Q4 coal production 1.1M vs. 1.8M y/y - Warrior Met Coal "produced 1.1 million short tons of met coal in the fourth quarter of 2021 compared to 1.8 million short tons in the fourth quarter of 2020. Fourth quarter production was the result of running both longwalls and four continuous miner units at Mine No. 7 and one continuous miner unit at Mine No. 4. For the full year of 2021, the Company produced 5.6 million short tons, or a decrease of 28.7% compared to 2020. Sales volume in the fourth quarter of 2021 was 1.4 million short tons compared to 2.2 million short tons in the fourth quarter of 2020. Sales volumes for the full year 2021 were 6.3 million short tons, or a decrease of 15.4% compared to 2020. Inventory levels decreased to 243 thousand short tons at the end of December 31, 2021 from the 998 thousand short tons at the end of 2020."
VMI

Hot Stocks

16:17 EST Valmont raises quarterly dividend 10% to 55c per share - Valmont Industries announced that its Board of Directors approved an increase to its quarterly cash dividend to 55c per share, or a rate of $2.20 per share on an annualized basis. This represents an increase of 10% from the prior quarterly cash dividend of $0.50 per share. The dividend will be payable on April 15, 2022 to shareholders of record on March 25, 2022. The Company previously increased the dividend by 11% in February 2021. "After another strong year of growth and solid execution by our team, we are pleased to announce an increase in our quarterly dividend," said Stephen G. Kaniewski, President and Chief Executive Officer. "This increase reflects our commitment to a balanced capital allocation strategy and ability to consistently generate solid cash flow. We continue to strengthen our organization for the future by investing in the sustained, long-term growth of our business, both organically and through strategic acquisitions, while returning additional capital to our shareholders."
BCC

Hot Stocks

16:16 EST Boise Cascade says commodity wood products pricing above historical levels - Boise Cascade said: "Economic uncertainty due to the ongoing COVID-19 pandemic continues. However, mortgage rate levels, continuation of work-from-home practices by many in the economy, and demographics in the U.S. have created a favorable demand environment for new residential construction, which we expect to continue in 2022... As a manufacturer of certain commodity products, we have sales and profitability exposure to declines in commodity product prices and rising input costs. Our distribution business purchases and sells a broad mix of commodity products with periods of increasing prices providing the opportunity for higher sales and increased margins, while declining price environments expose us to declines in sales and profitability. Our 2021 results were favorably impacted by historically high commodity wood products pricing, as well as rising prices for EWP and general line products. Composite lumber and panel prices were very volatile throughout 2021 with rapidly rising prices in second quarter, sharp price declines in third quarter, and prices steadily increasing again during fourth quarter. As we enter 2022, commodity wood products pricing continues to be above historical averages as strong demand and capacity constraints continue to create supply/demand imbalances in the marketplace. We expect future commodity product pricing and commodity input costs to be volatile in response to capacity restoration and industry operating rates, the impact of the ongoing COVID-19 pandemic on residential construction, net import and export activity, transportation constraints or disruptions, inventory levels in various distribution channels, and seasonal demand patterns. EWP and general line products have historically experienced limited price volatility, and we expect the firm pricing environment to continue in 2022."
BG CVX

Hot Stocks

16:15 EST Bunge signs JV agreement with Chevron - Chevron U.S.A. Inc., a subsidiary of Chevron Corporation ( CVX), and Bunge North America, Inc., a subsidiary of Bunge Limited (BG) "announced the signing of definitive transaction agreements to create their previously announced joint venture. The new venture will create renewable feedstocks leveraging Bunge's expertise in oilseed processing and farmer relationships and Chevron's expertise in fuels manufacturing and marketing. The agreements are subject to customary closing conditions, including regulatory approval. Bunge's soybean processing plants in Destrehan, Louisiana and Cairo, Illinois will be contributed to the joint venture with Chevron contributing approximately $600 million in cash. Plans include approximately doubling the combined capacity of these facilities from 7,000 tons per day by the end of 2024. The joint venture may also explore opportunities in other renewable feedstocks, as well as in feedstock pretreatment."
ALEX

Hot Stocks

16:14 EST Alexander & Baldwin raises quarterly dividend 5.6% to 19c per share - The dividend is payable on April 5 to shareholders of record as of the close of business on March 18.
CERS

Hot Stocks

16:06 EST Cerus backs FY22 product revenue view of $157M-$164M vs. $130.9M in FY21
MRNS

Hot Stocks

16:02 EST Marinus Pharmaceuticals delays RAISE phase 3 trial for status epilepticus - The company states: "Marinus Pharmaceuticals announced that due to the impact of the COVID-19 Omicron variant on hospital resources and an unexpected interruption of clinical supply material associated with IV ganaxolone, the RAISE, Phase 3, double-blind placebo-controlled trial for the treatment of status epilepticus, is now expected to be completed in the second half of 2023. Marinus has temporarily paused the RAISE trial after routine monitoring of stability batches of clinical supply material indicated that it became necessary to reduce the shelf life to less than the anticipated 24-months to meet product stability testing specifications. The Company is targeting resupply of clinical trial material by the end of the second quarter 2022. Separately, Marinus is implementing improvements in the manufacturing process with the goal of achieving a 24-month or greater product shelf life for IV ganaxolone. COVID-19, and most recently the Omicron variant, have continued to impact hospital resources and have put a significant strain on hospital staff, particularly in intensive care units, where the RAISE trial is being conducted. This has led to slower than anticipated enrollment. Despite these issues, interest in the trial remains strong with 48 sites now activated and additional sites expected, including potential expansion into Canada."
APCX

Hot Stocks

15:47 EST AppTech Payments mutually terminates strategic partnership with Silver Alert - AppTech Payments announced its partnership with Silver Alert Services, dba LifeLight Services, has been terminated by mutual agreement with an effective date of Feb. 17. "The termination is due to the delayed release of LifeLight Systems, Silver Alert Services innovative and comprehensive remote patient monitoring system, due to the market effects of COVID. This partnership was initiated in August 2020 to leverage both companies' strengths while expanding AppTech's reach into the telehealth sphere. During the past years working together, AppTech and Silver Alert have developed a close working relationship and will continue to work together on projects and partnering relationships. This mutual agreement on termination will allow AppTech to focus on preparation of the launch of its highly anticipated, patented digital banking platform that will allow the company to set out on its business initiative of 'powering commerce experiences'," AppTech said.
FMNB

Hot Stocks

15:31 EST Farmers National Banc raises quarterly dividend to 16c from 14c per share - The common stock cash dividend will have a record date of March 11 and is payable to shareholders on March 31.
RHHBY

Hot Stocks

15:03 EST Roche's Genentech receives FDA orphan designation for pralsetinib - According to a post on the FDA's website, Genentech's treatment of metastatic RET fusion-positive solid tumors, pralsetinib, received orphan designation. Reference Link
MDT

Hot Stocks

14:47 EST Medtronic announces FDA approval for InterStim X system - Medtronic announced it received approval from the U.S. Food and Drug Administration for InterStim X, which the company calls "the next generation of the InterStim portfolio's recharge-free device," which is available immediately. "InterStim systems are the standard of care in advanced therapy options, and the most personalized system, to deliver sacral neuromodulation therapy. Now the only SNM system backed by 90+ clinical studies, 1,000+ clinical articles, 350,000 patients treated and 25 years of experience, also offers patients a decade or more of treatment with either the new recharge-free InterStim X device, or the rechargeable InterStim Micro device. Both devices are used in the treatment of overactive bladder, chronic fecal incontinence, and non-obstructive urinary retention," the company said.
LMT

Hot Stocks

14:34 EST Lockheed Martin announces contract award with Philippine DND for 32 Black Hawks - PZL Mielec, a Lockheed Martin company, announced it has signed a contract award with the Philippine Department of National Defense, or DND, to manufacture 32 additional S-70i Black Hawk utility helicopters for the Philippine Air Force. "Delivery of all 32 aircraft by 2026 will dramatically increase the operational capacity of the Philippine Air Force to perform search and rescue missions, humanitarian assistance and disaster relief, and troop transport across the archipelagic country... The Philippine contract for 32 aircraft is the largest single order of Black Hawk helicopters for PZL Mielec since S-70i aircraft production began in 2009. The contract signing comes two months after PZL Mielec, based in southern Poland, completed deliveries of 16 S-70i Combat Utility Helicopters on schedule to the Philippine Air Force 205th Tactical Helicopter Wing in December 2021," the company said. Reference Link
GOOG GOOGL

Hot Stocks

13:43 EST Google's Area 120 unveils 'Checks,' a privacy platform for mobile apps - According to a Keyword blog post written by Nia Castelly co-founder & legal lead, Checks, the company said in part: " Can I trust this app with my data? Is this app respecting my privacy rights? These are questions consumers are asking more and more about mobile apps and the developers who create them. In turn, developers are faced with a privacy and compliance landscape that is becoming increasingly more complex. And the path to compliance can be both time-consuming and difficult. We believe every developer - no matter the stage or size of their company - deserves access to easy-to-use tools that help them achieve their goals, while making privacy compliance simpler. That's why today, as part of Google's in-house incubator Area 120, we're launching Checks, a new privacy platform. We are on a mission to help simplify privacy and reduce risk for mobile app developers...We've heard developers say it's difficult to keep pace with regulatory and app store policy changes, and determine how those changes apply to their apps. Checks helps developers gain confidence to make informed decisions by identifying potential compliance issues, providing clear actionable insights in simple language, and offering links to relevant resources." Reference Link
LEE

Hot Stocks

13:03 EST Alden Global affiliate files lawsuit against Lee Enterprises - Alden Global said, "Alden Global Capital announced that its affiliate filed a lawsuit seeking to prevent Lee from brazenly disenfranchising shareholders by rigging the upcoming director election to guarantee the re-election of entrenched directors who have profited substantially even while the company is in a downward spiral and its journalism is suffering. After announcing in December 2021 that no valid stockholder nominations had been received, and winning a court ruling on that point, Lee is now using an illegal voting standard that prevents shareholders from meaningfully participating if they wish to vote against two deeply entrenched directors -- Mary Junck and Herbert Moloney. This year's election is of particular importance since these directors are only up every three years. Lee's nominees are clearly the only candidates up for election, but the Lee Board is falsely claiming that this year's election is 'contested' in order to use an improper 'plurality' voting standard -- ensuring re-election for nominees who receive even as little as a single vote in their favor. Alden remains committed to ensuring Lee's shareholders have the opportunity they deserve to decide if board members should be protected at all cost or forced out for doing a bad job. With this latest brazen act, Lee's self-interested Board continues to prioritize themselves over shareholders who have the right to elect directors. Alden's lawsuit is aimed at ensuring that it is Lee's shareholders who elect Lee's directors, not Lee's Board."
ST

Hot Stocks

13:01 EST Sensata acquires Elastic M2M, terms not disclosed - Sensata Technologies announced the acquisition of Elastic M2M Inc., a privately-held innovator of connected intelligence for operational assets across heavy-duty transport, warehouse, supply chain and logistics, industrial, light-duty passenger car, and a variety of other industry segments. Elastic M2M primarily serves telematics service providers and resellers, enabling them to leverage Elastic M2M's cloud platform and analytics capabilities to deliver sensor-based operational insights to their end users. Financial terms of the transaction were not disclosed. The company said, "Since its founding in 2013, Elastic M2M has been a pioneer in delivering flexible, scalable, cost-effective and intuitive IoT analytics for TSPs and their end customers. The Company's IoT cloud platform utilizes machine learning and AI capabilities to digest and analyze an increasingly rich amount of sensor and camera data from connected assets in order to enable customers to make better operational decisions. The Company's solutions work with any type of operational asset and are easy to deploy on top of existing IoT tools to address business-specific issues and rapidly boost efficiency."
MSFT

Hot Stocks

13:00 EST Microsoft's Bethesda to shutter Bethesda.net Launcher for PC - Bethesda, a video game publisher owned by Microsoft, said it is dropping its Bethesda.net Launcher for PC games this year. "Starting in early April you'll be able to migrate your games and Wallet to your Steam account," Bethesda said. The Fly notes that Bethesda, which was acquired by Microsoft in 2021, makes games in the "Doom," "Fallout," "Elder Scrolls," and "Wolfenstein" franchises. Reference Link
ENV

Hot Stocks

12:41 EST Envestnet turns positive after Bloomberg says company received interest
SNY

Hot Stocks

12:35 EST Sanofi's board proposes election of Carole Ferrand, Emile Voest as directors - Sanofi's Board of Directors has decided to propose, on the occasion of its next General Shareholder Meeting to be held on May 3, 2022, the renewal of the mandates of Paul Hudson, Christophe Babule, Patrick Kron and Gilles Schnepp and the appointment of Carole Ferrand, Emile Voest and Antoine Yver as independent Directors. Melanie Lee and Carole Piwnica will leave the Board of Directors. Carole Ferrand is currently CFO of the Capgemini Group and Director of Fnac Darty. Emile Voest is currently director of Cancer Core Europe. Antoine Yver took over in 2021 as Chief Medical Officer of Centessa Pharmaceuticals. Serge Weinberg, Chairman of the Board of Directors, said: "These evolutions reflect the Board's intention to strengthen the Board of Director's expertise in science, notably in the field of oncology, and finance, while maintaining the size of the Board at 16 members [including 2 Directors representing employees]."
PTON

Hot Stocks

12:28 EST Peloton seeing 'widespread' recovery of services - Peloton said: "We are seeing widespread recovery of Peloton services. We are still working to confirm all services are back and operational. We apologize for any impact this may have had on your workout." Reference Link
AUDVF VZ

Hot Stocks

12:17 EST Verizon, Audi of America partner to bring 5G to vehicle lineup - Verizon Business (VZ) and Audi of America (AUDVF) announced an agreement to bring 5G connectivity to the automaker's U.S. lineup, estimated to begin with select models for the 2024 model year. The collaboration brings embedded 5G Ultra Wideband connectivity into Audi vehicles and provides the speed and telecommunication architecture necessary for highly personalized and augmented mobile services, new driver-assistance features, and connectivity-enabled innovations for the automated future of driving. The embedded technology will allow a vehicle to connect to the Verizon 5G Ultra Wideband network to enable advanced driving features, connected services, and blazing-fast in-car Wi-Fi and infotainment
FB

Hot Stocks

12:14 EST Facebook Reels rolls out worldwide, expands tests of overlay ads - In a company blog post, Meta said, "Today Facebook Reels is available to more creators around the globe and we're expanding tests of overlay ads to help creators earn money for their Facebook Reels...What are overlay ads in Reels? Overlay ads are placed directly on top of a Facebook Reel in a banner or sticker format. Overlay ads appear transparently over reels content, meaning that people can view the ad without interrupting the reels content they're consuming. If an overlay ad is included in your reel, you'll earn a portion of the advertising revenue. There are two types of overlay ads that we're testing on Facebook Reels: banner ads and sticker ads. Banner ads appear as a semi-transparent overlay at the bottom of a Facebook Reel, whereas sticker ads are a static image ad that can be placed by a creator anywhere within their reel...If you're currently eligible to monetize your videos with in-stream ads for on demand on Facebook, then you'll also be eligible to monetize your reels with overlay ads. No need to opt in, the reels you share publicly on Facebook are automatically eligible to monetize with overlay ads...We're first expanding our overlay ads tests to creators in the US, Canada and Mexico, and by mid-March, these tests will expand to creators in nearly all countries where in-stream ads are available. We plan to expand eligibility to even more creators in the coming months...Looking ahead, while it's still early days for reels monetization and the new overlay ads format, we're excited to expand our ads test to more creators. These early tests will provide important feedback, which in turn will help us improve the value of these ads for creators everywhere. As part of our $1 billion investment in creators, creators at present can also earn money for their reels through our Reels Play bonus program. The program allows eligible creators to earn up to $35,000/month based on the views of their qualifying reels. Interested creators can express interest here and learn best practices for creating reels." Reference Link
AMZN

Hot Stocks

12:12 EST Amazon files lawsuit against AppSally, Rebatest review brokers - Amazon has filed lawsuits against review brokers who "orchestrate the posting of incentivized and misleading product reviews, in exchange for money or free products." The lawsuits aim to shut down two major fake review brokers, AppSally and Rebatest, who helped mislead shoppers by having their members try to post fake reviews in stores such as Amazon, eBay, Walmart, and Etsy. This legal action is one part of Amazon's comprehensive and proactive efforts to ensure a safe and trustworthy shopping experience for its customers and extensive opportunities to create thriving businesses, the company said in a statement. "Fake review brokers attempt to profit by deceiving unknowing consumers and creating an unfair competitive advantage that harms our selling partners," said Dharmesh Mehta, VP of WW Customer Trust & Partner Support, Amazon. "We know how valuable trustworthy reviews are to our customers. That is why we are holding these review fraudsters accountable. While we prevent millions of suspicious reviews from ever appearing in our store, these lawsuits target the source."
MTL

Hot Stocks

12:01 EST Mechel falls -13.9% - Mechel is down -13.9%, or -50c to $3.11.
TPX

Hot Stocks

12:01 EST Tempur Sealy falls -16.5% - Tempur Sealy is down -16.5%, or -$6.17 to $31.24.
CIAN

Hot Stocks

12:00 EST Cian falls -19.2% - Cian is down -19.2%, or -$1.51 to $6.35.
IRNT

Hot Stocks

12:00 EST IronNet rises 10.7% - IronNet is up 10.7%, or 40c to $4.08.
HL

Hot Stocks

12:00 EST Hecla Mining rises 11.8% - Hecla Mining is up 11.8%, or 60c to $5.70.
MTOR

Hot Stocks

12:00 EST Meritor rises 45.9% - Meritor is up 45.9%, or $11.31 to $35.98.
USFD

Hot Stocks

11:54 EST Sachem Head says US Foods 2022 guidance would be 'disappointing result' - Sachem Head Capital Management, a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding issued the following statement commenting on the Company's recent earnings announcement and communications with stockholders: "US Foods' new 2022 guidance would still be a disappointing result relative to the Company's closest peer. The midpoint of the Company's 2022 adjusted EBITDA guidance is $1.25 billion, which implies a decrease of approximately 14% relative to the Company's pro forma adjusted EBITDA of $1.45 billion for 2019. Consensus estimates1 expect Sysco Corporation to grow adjusted EBITDA in calendar year 2022 versus calendar year 2019, suggesting that the Company will underperform its closest peer on a relative basis in 2022. Long-term guidance still falls significantly short of the Company's full potential. The Company's adjusted EBITDA forecast for 2024 of $1.7 billion implies a compound annual growth rate of approximately 3% versus its pro forma 2019 results, with a normalized historical growth rate of approximately 6-7% thereafter. We believe the Company's plan does not reflect US Foods' full potential and certainly does not reflect the significant change that we believe is necessary for the Company to achieve that potential. The margin gap vs. Sysco remains relevant and within the Company's control. The first question asked in the Company's Q&A session is the first question on our minds as well: how is the Company going to address its margin gap with Sysco? In the past, management has been relatively open about the approximately 200 basis point margin gap to Sysco's domestic business2 and has suggested that approximately 75% of that gap is addressable. On the recent earnings call, however, management departed from its previous frankness and indicated that it would not speculate on things "that are outside of control." We disagree strongly with this suggestion that Sysco's performance is not an excellent way to assess the Company's performance, particularly when the businesses are as similar as US Foods and Sysco's domestic business. The Company's refusal to respond to this question suggests that the current management team has given up on ever closing the margin gap to Sysco's domestic business and would prefer it if the topic simply went away. We believe that with the proper oversight from a Board of Directors with the right expertise, the Company can succeed in closing a significant portion of the addressable margin gap, leading to a clear path to achieving $4.00 in earnings per share in the coming years. We believe stockholders will see through attempts to distract them with misleading personal attacks. The circumstances underlying the Company's personal attacks on Bernardo Hees were already in the public record and were known to Sachem Head prior to our nomination. We have done extensive due diligence on Bernardo regarding his background and accomplishments, as we have done for all seven of our nominees. We have found him to be an individual of the utmost integrity who has won the respect of his colleagues throughout his career, both as a highly accomplished public company executive and as a current director for multiple US-listed public companies, including Avis Budget Group and Bunge Limited. We welcome the opportunity to discuss Bernardo's track record with our fellow stockholders, and we are happy to provide additional information regarding the Company's misleading personal attacks in the appropriate forum. We are disappointed that the Board of Directors has been advised to resort to these personal attacks and other distractions in an attempt to limit the debate on the issue that really matters to stockholders: the Company's operational performance. As a matter of principle, and as we previously mentioned to the Company, we do not intend to publicly impugn the personal integrity of the current Board of Directors or management team during this campaign, and we would encourage the Board and its advisors to do likewise."
MGA F

Hot Stocks

11:45 EST Magna enters JV with LAN Manufacturing to assemble seats in Michigan - Magna announced it has entered into a joint venture with LAN Manufacturing, a minority-owned automotive supplier based in Michigan. The JV, to be called LM Manufacturing, will assemble complete seats for various trucks and SUVs for Ford Motor Company operating from a 296,000 square-foot leased facility in Detroit, Michigan. Magna will own a 49% stake. Production is scheduled to begin in the second quarter of 2023 and is expected to bring-in more than 390 jobs to the city of Detroit. The Michigan Strategic Fund has awarded a $2M grant to the JV.
RANI

Hot Stocks

11:44 EST Rani Therapeutics Holdings Inc (Class A Stock) trading resumes
RANI

Hot Stocks

11:39 EST Rani Therapeutics Holdings Inc (Class A Stock) trading halted, volatility trading pause
M

Hot Stocks

11:38 EST Macy's IDR upgraded to BBB- by Fitch Ratings, outlook Stable - Fitch Ratings has upgraded the Long-Term Issuer Default Ratings for Macy's Inc., Macy's Retail Holdings, LLC. and Macy's Inventory Funding LLC to 'BBB-' from 'BB+'. The Rating Outlook is Stable. The upgrade reflects Macy's recent strong topline trajectory, which provides some evidence of successful implementation of omnichannel and other topline initiatives, Fitch said in a statement. These efforts, alongside good cost reduction and balance sheet management, have improved Fitch's confidence in Macy's ability to sustain EBITDA at least near pre-pandemic levels in the low-$2B range and adjusted leverage in the mid-2x, the agency added.
BTAI

Hot Stocks

11:07 EST BioXcel announces results from Phase 3 SERENITY II trial published in JAMA - BioXcel Therapeutics announced the publication of results from its pivotal Phase 3 SERENITY II trial of BXCL501 for the acute treatment of agitation associated with bipolar disorder in the Journal of the American Medical Association, or JAMA. BXCL501 is an investigational, proprietary, orally dissolving thin film formulation of dexmedetomidine, a selective alpha-2 receptor agonist for the treatment of agitation associated with neuropsychiatric disorders. In the study, BXCL501 120 mcg and 180 mcg significantly reduced agitation compared with placebo as measured by change from baseline on the Positive and Negative Syndrome Scale-Excited Component total score at two hours after treatment. On the key secondary endpoint, sublingual dexmedetomidine demonstrated statistically significant improvement in PEC scores compared with placebo beginning as early as 20 minutes after dosing for both treatment groups. "We are pleased that JAMA's publication of these data prominently validates BXCL501 as a potential treatment for the millions of patients experiencing agitation associated with bipolar disorders. We look forward to our April 5, 2022 PDUFA date and potential FDA approval of BXCL501 for the acute treatment of agitation associated with bipolar disorders as well as schizophrenia. Building on the strength of these compelling data, we are also confidently progressing BXCL501 as a potential acute treatment for agitation associated with Alzheimer's disease," said Frank D. Yocca, Ph.D., Chief Scientific Officer of BioXcel Therapeutics.
KHC

Hot Stocks

11:06 EST Kraft Heinz, TheNotCompany JV to accelerate AI-driven plant-based innovation - The Kraft Heinz Company and TheNotCompany announced a joint venture designed to reimagine global food production and advance toward a more sustainable future. The companies said: "The joint venture, which will operate under the control of Kraft Heinz as The Kraft Heinz Not Company LLC, will leverage the inherent strengths of both companies. NotCo brings its patented, first-of-its-kind technology and proven artificial intelligence solutions, while Kraft Heinz offers its iconic brand portfolio and scale, to develop superior plant-based versions of co-branded products at a level of speed, taste, quality, and scale yet to be seen in the industry." The Kraft Heinz Not Company will be headquartered in Chicago with research and development facilities in San Francisco and will focus on plant-based innovation across numerous Kraft Heinz product categories. Lucho Lopez-May, who is currently CEO, North America of NotCo, will become CEO of The Kraft Heinz Not Company.
JLL

Hot Stocks

10:56 EST JLL appoints Nashunda Williams as head of DEI - JLL announced that Nashunda Williams has been appointed to the global role of Head of Diversity, Equity and Inclusion with responsibility for implementing the company's DEI strategy. Reporting to CEO Christian Ulbrich and working closely with external advisors, she will focus over the next 24 months on identifying comprehensive actions and assessing future leadership investments that will accelerate JLL's culture of DEI. Williams has been a leader at JLL for the past six years, first as a technology advisor for the Work Dynamics business and, most recently, as an IT business partner within JLL Technologies. Williams assumes this role from Ingrid Jacobs, who has led JLL's diversity and inclusion initiatives for the past year.
PTON

Hot Stocks

10:53 EST Peloton investigating issue with services, may impact ability to take classes - Peloton said in a statement: "We are currently investigating an issue with Peloton services. This may impact your ability to take classes or access pages on the web. We apologize for any impact this may have on your workout." Reference Link
YCBD

Hot Stocks

10:47 EST cbdMD requests FDA remove drug exclusion for CBD, review safety submission - cbdMD announced that the Natural Products Association filed a Citizen's Petition on cbdMD's behalf with the Food and Drug Administration requesting the FDA to remove the drug exclusion for CBD and to review the company's dossier of data. cbdMD said: "Removing the drug exclusion for CBD will achieve clarity in the market and create a level playing field for all participants. The final outcome of this process is expected to result in the ability of the Company to submit and receive acknowledgement for a New Dietary Ingredient Notification. This will finally allow the Company to inform consumers of the benefits of its cannabinoid products and expand its sales in the United States by opening up mass retail channels. Since passage of the Farm Bill 2018, the FDA has not provided any clear regulation on the CBD market. The lack of a clear, regulated framework has allowed an expanding pool of producers, manufacturers and marketers to flood the market with substandard products and an abundance of questionable advertising tactics. Creating and enforcing industry-wide standards would help create a necessary roadmap for all CBD products and bring organization to an industry that has otherwise been operating without order."
PTON

Hot Stocks

10:44 EST Users report issues with Peloton website, app, DownDetector says - Reference Link
CRM

Hot Stocks

10:41 EST Salesforce's Slack not loading for some users - On its Status webpage, Slack said, "Slack is not loading for some users. We are continuing to investigate the cause and will provide more information as soon as it's available." Reference Link
MP

Hot Stocks

10:15 EST MP Materials awarded $35M DoD heavy rare earth processing contract - MP Materials Corp. announced it has been awarded a $35M contract through the U.S. Department of Defense Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements at Mountain Pass. In a separate contract awarded in December 2020, the DoD committed $9.6M to MP Materials' Stage II optimization, a project underway to restore LREE processing capabilities to Mountain Pass.
WPP

Hot Stocks

10:02 EST WPP acquires Village Marketing, terms not disclosed - WPP announces the acquisition of Village Marketing in North America, the industry leader in influencer marketing and creator economy partnerships. The company said, "Founded in 2013 by Vickie Segar, Village Marketing has 150 employees and was specifically created with the vision of building brands in a social media and mobile first world. It was one of the first creative firms to fully honour the unique impact of creators and has led creative campaigns for some of the foremost consumer brands of the last decade, including Equinox, Nike, Netflix, The Farmer's Dog, Boll and Branch, Honest Co., Tommy John, SoulCycle, and many others. Village Marketing will join the Wunderman Thompson network to strengthen its commitment to the creator economy. Given the ubiquity of social media, creators are among the most powerful voices of today. This acquisition will allow Wunderman Thompson to offer its clients and brands much deeper and more direct access to the creator economy." The acquisition is part of WPP's accelerated growth strategy and focused M&A approach to further strengthen its core creative capabilities in marketing, communications and design, and follows the acquisition of Made Thought in December 2021.
MTL

Hot Stocks

10:00 EST Mechel falls -11.4% - Mechel is down -11.4%, or -41c to $3.20.
TPX

Hot Stocks

10:00 EST Tempur Sealy falls -13.0% - Tempur Sealy is down -13.0%, or -$4.86 to $32.55.
CIAN

Hot Stocks

10:00 EST Cian falls -13.6% - Cian is down -13.6%, or -$1.07 to $6.79.
BPT

Hot Stocks

10:00 EST BP Prudhoe Bay rises 8.5% - BP Prudhoe Bay is up 8.5%, or 80c to $10.25.
UIS

Hot Stocks

10:00 EST Unisys rises 8.5% - Unisys is up 8.5%, or $1.71 to $21.85.
MTOR

Hot Stocks

10:00 EST Meritor rises 44.9% - Meritor is up 44.9%, or $11.06 to $35.73.
CYDY

Hot Stocks

09:55 EST CytoDyn receives FDA warning letter over leronlimab claims - The FDA posted a warning letter sent to CytoDyn regarding leronlimab claims in a video The letter states, "The video represents in a promotional context that leronlimab, an investigational new drug, is safe and effective for the purpose for which it is being investigated or otherwise promotes the drug. As a result, leronlimab is misbranded under section 502(f)(1) of the Federal Food, Drug, and Cosmetic Act (FD&C Act) and is in violation of section 301(a) of the FD&C Act. The video is concerning from a public health perspective because it suggests that leronlimab provides a clinical benefit to individuals with "Coronavirus Disease 2019" (COVID-19), which, in its most severe form, can result in respiratory failure and death. The video makes conclusory representations in a promotional context regarding the safety and efficacy of leronlimab, an investigational drug, that has not been approved or authorized by the FDA and whose safety and efficacy has not yet been established." Reference Link
BWV

Hot Stocks

09:54 EST BWV Stock trading resumes
ELYS

Hot Stocks

09:51 EST Elys Game Technology commonts on BCLC restaurant, bar pilot - Elys Game Technology announces January 2022 results from its initial small business sportsbook installation at the Grand Central Restaurant in Washington D.C. and provides comments regarding Canada's British Columbia Lottery Commission restaurant and bar pilot program. January 2022 was another successful month at Grand Central with consistent playthrough of over 12,000 tickets transacted and positive sportsbook hold with a seasonally expected reduction in handle and GGR. "Elys compliments the BCLC's initiative to study legalized and regulated sports betting in restaurants and bars and similar small businesses. This pilot is an integral step forward in the expansion of small business sportsbooks across North America. Elys has been operating sports betting in small businesses for over 20 years in Italy and has vocally supported the segment in the U.S. and Canada since 2014," stated Michele Ciavarella, Elys' Executive Chairman. "Through this extensive experience, we developed our technology to install a turnkey, downsized and affordable solution together with a highly-skilled bookmaking team that could potentially drive traffic to our small business partners as demonstrated by early results in Washington D.C. We believe that the consistent number of tickets at Grand Central implies potential growth in visiting patrons that could enhance core product sales for the business, and that GGR reflects ancillary revenue that could be derived from sports betting and a source of voluntary tax revenue for states and provinces where this small business application is approved."
HD

Hot Stocks

09:48 EST Home Depot not forecasting any further inflation, executive says
ENG

Hot Stocks

09:48 EST ENGlobal selected as EPC provider for renewable fuels plant - ENG announced it has been selected by a confidential client to provide engineering, procurement and construction services for a renewable fuels plant designed to produce approximately 100 million gallons per year of sustainable aviation fuel and renewable diesel from renewable feed stocks. This US-based plant, which is scheduled to be ready for commissioning in 2024, represents a culmination of efforts and a focused strategy to expand on ENG's renewables project portfolio and increase ENG's capabilities following the recent successful delivery of a modular hydrogen facility that was designed, engineered, fabricated and delivered by ENG.
MTL

Hot Stocks

09:47 EST Mechel falls -10.3% - Mechel is down -10.3%, or -37c to $3.24.
TPX

Hot Stocks

09:47 EST Tempur Sealy falls -12.9% - Tempur Sealy is down -12.9%, or -$4.82 to $32.59.
CIAN

Hot Stocks

09:47 EST Cian falls -17.9% - Cian is down -17.9%, or -$1.41 to $6.45.
TGNA

Hot Stocks

09:47 EST Tegna rises 7.1% - Tegna is up 7.1%, or $1.49 to $22.44.
BRCC

Hot Stocks

09:47 EST BRC Inc. rises 8.4% - BRC Inc. is up 8.4%, or $1.57 to $20.35.
MTOR

Hot Stocks

09:47 EST Meritor rises 45.2% - Meritor is up 45.2%, or $11.16 to $35.83.
VEV

Hot Stocks

09:45 EST Vicinity Motor receives order for 100 VMC 1200 EV trucks - Vicinity Motor announced that it has signed a sales and marketing agreement with Paradigm Automotive Corporation, an automotive sales, leasing and upfitting company in Ontario, Canada, including an initial CAD$12.0 million order for 100 VMC 1200 Class 3 electric trucks. Paradigm has also been appointed to act as Vicinity's exclusive dealer in the Hamilton and Niagara regions of Ontario. The VMC 1200 deliveries are expected to begin in the second quarter of 2022.
ALLR

Hot Stocks

09:45 EST Allarity Therapeutics Inc trading resumes
HQI

Hot Stocks

09:44 EST HireQuest closes Dubin Group, Dubin Workforce Solutions acquisition - HireQuest announced that it has completed the previously disclosed acquisition of The Dubin Group and Dubin Workforce Solutions, related founder-owned businesses in Philadelphia, Pennsylvania that provide executive placement services and commercial staffing, respectively. Simultaneously with the closing of the acquisition, HireQuest, Inc. closed on the sale of Dubin Workforce Solutions to a new franchisee and completed the conversion of the business to its HireQuest Direct model. The Dubin Group was converted to HireQuest's Snelling franchise model and will be sold to a franchisee in the future.
ALF

Hot Stocks

09:43 EST Alfi plans to commence rollout of AI-enabled tablets to rideshare drivers - Alfi announced plans to commence the rollout of its AI-enabled intelligent tablets to rideshare drivers in two major U.S. markets, Austin and Las Vegas. The Company has initiated the next phase of its digital tablet installations in rideshares after having successfully deployed in 14 major U.S. cities, established a partnership with a major programmatic exchange, Vistar Media, and in response to an increasing demand from agency and direct advertisers for Alfi's Digital Out-of-Home technology that can provide effective insights and analytics in a privacy-compliant manner. Alfi has also launched an upgraded version of its driver portal to provide enhanced support and facilitate ease of payment to rideshare drivers across all 16 markets.
AUUD

Hot Stocks

09:42 EST Auddia announces employee inducement grant - Auddia announced that the compensation committee of Auddia's board of directors granted Theo Romeo, the Company's recently-hired VP of Marketing, an inducement stock option to purchase an aggregate of 138,750 shares of Auddia's common stock on February 16, 2022. This stock option was agreed to as an inducement material to Mr. Romeo entering into employment with Auddia. The option was agreed to and granted in accordance with Nasdaq Listing Rule 5635(c)(4). The option has an exercise price of $1.79 per share, which was equal to the closing price of Auddia's common stock on the grant date. One-fourth of the options vest on the one-year anniversary of the vesting commencement date and the remainder vest in equal annual installments over the next three years, subject to the new employee's continued service with the Company. The stock option has a 10-year term and is subject to the terms and conditions of an inducement stock option agreement covering the grant.
CDK

Hot Stocks

09:41 EST CDK Global up 3% after Dealreporter says company exploring sale
AUVI

Hot Stocks

09:41 EST Applied UV enters three year agreement through Airocide Nordic Oy - Applied UV announces that it's Scandinavian distributor Airocide Nordic Oy has entered into a three-year agreement with Plandent Division for distribution of its patented Airocide commercial air purification systems to the professional dental community launching initially in Finland, expanding distribution to include all of the countries in Scandinavia and plans to broaden expansion throughout all of Europe.
ALLR

Hot Stocks

09:40 EST Allarity Therapeutics Inc trading halted, volatility trading pause
MRNA

Hot Stocks

09:40 EST Moderna initiates Phase 3 portion of trial for mRNA RSV vaccine candidate - Moderna announced that the Data and Safety Monitoring Board for the RSV program has endorsed the start of the Phase 3 portion of the pivotal clinical study of mRNA-1345, the Company's Respiratory Syncytial Virus vaccine candidate, in adults 60 years and older. The DSMB's endorsement comes after independent review of preliminary Phase 2 data, which suggest that the vaccine has an acceptable safety profile in older adults at the selected dose. This study is known as ConquerRSV. mRNA-1345 is a vaccine against RSV encoding for a prefusion F glycoprotein, which elicits a higher neutralizing antibody response compared to the postfusion state. mRNA-1345 uses the same lipid nanoparticle as Moderna's COVID-19 vaccine and contains optimized protein and codon sequences. The FDA has granted Fast Track designation for mRNA-1345 in adults older than 60 years of age. The primary purpose of the Phase 3 segment of the study is to establish the safety and efficacy of mRNA-1345 vaccine in adults older than 60 years of age in support of licensure. Moderna expects to enroll approximately 34,000 participants
SLVTF

Hot Stocks

09:39 EST Silver Tiger Metals announces Historic El Tigre mine rehabilitation - Silver Tiger Metals is pleased to announce that it has contracted Cominvi to rehabilitate the Historic El Tigre mine. Cominvi is a Mexican company which specializes in underground contract mining and development. Members of Silver Tiger's management and technical team have previously worked with Cominvi and consider them a highly skilled and safe underground mine contractor. Comnivi provides services to Fresnillo, Pan American Silver and Endeavour Silver, amongst others. Initial rehabilitation will begin on the Level 7 main entry to the Historic El Tigre Mine to allow access to the Sooy Vein, El Tigre Vein and the Seitz Kelly Vein in contemplation of underground channel sampling, drilling and bulk sampling on those veins and the black shale horizon. The rehabilitation will consist of safely securing and cleaning underground areas, removing historic backfill and stockpiling for possible future processing, building a ladder system to access multiple mine levels, detailed mapping of accessed workings and implementation of overall environmental and safety protocols. The Corporation adopted an Omnibus Incentive Plan at its Annual and Special General Meeting of Shareholders held on September 30, 2021. A copy of the Omnibus Incentive Plan was attached to the Corporation's Management Information Circular dated August 31, 2021 and is available for review under the Corporation's profile on SEDAR.
GDBYF

Hot Stocks

09:38 EST Goodbody Health announces moves up to OTCQB - Goodbody Health is pleased to announce that it has moved up a tier from the over the counter market pink market to the OTCQB market. Goodbody Health welcomes the increased compliance and scrutiny that demonstrates the governance of the group and allows it to be more visible to larger investors
TGIFF

Hot Stocks

09:37 EST 1933 Industries announces sales of non-essential real estate assets for $1.27M - 1933 Industries is pleased to announce the sale of Nevada real estate assets for total net proceeds of US$1.27 million. The Company completed the sale of two parcels consisting of 2.78 acres of M1 zoned land, located in Las Vegas. The Company originally purchased the lots for US$835,000 in 2017. Proceeds from the sale will be used for general working capital.
PHIO

Hot Stocks

09:35 EST Phio Pharmaceuticals initiates in vivo studies of INTASYL based antivirals - Phio Pharmaceuticals announced the start of efficacy animal studies with INTASYL-based antiviral compounds against SARS-CoV-2 infection, the virus that causes COVID-19. The studies will further investigate the efficacy of Phio's INTASYL technology for treating SARS-CoV-2 infection in a validated mouse model of airway epithelial cell infection, after earlier positive findings in laboratory tests conducted by two independent research facilities. Considering the ongoing pandemic is fueled by new viral variants, the INTASYL-based antiviral compounds are designed to be effective against existing and future variants. Novel drugs designed using the INTASYL technology provide an efficient hit to lead process by bioinformatics-based drug design using a proprietary algorithm. This process requires the design of ~20 compounds for a single target which can then be screened to provide a lead compound for optimization. The INTASYL antiviral compounds being studied to treat SARS-CoV-2 infection are designed against three targets, including two virus-related targets and one novel host-related target. These compounds were tested and activity confirmed in laboratory tests with two different in vitro models of SARS-CoV-2 infection at two independent laboratories. Based on these in vitro data, three compounds, one per target, have been selected for further in vivo testing.
BRQS

Hot Stocks

09:34 EST Borqs Technologies wins contract to design, supply laptop - Borqs Technologies announced that it has won a design from the largest mobile operator, one of the Fortune 500 companies, in India to develop a Linux laptop adopting the Qualcomm chipset with cellular connectivity.
BWV

Hot Stocks

09:31 EST BWV Stock trading halted, volatility trading pause
HEXO

Hot Stocks

09:31 EST Hexo announces refreshed board, agreement with Adam Ariv - HEXO Corp. announced that it has entered into a transition agreement with Adam Arviv and his fund, Kaos Capital, to refresh the Company's board of directors, effective immediately. The new Board will stand for election at the Company's upcoming annual and special meeting of shareholders to be held on March 8, 2022. The new Board is composed of seven directors, all of whom are independent, being: Mark Attanasio, Rose Marie Gage, Vincent Chiara, Helene F. Fortin, Rob Godfrey, Peter Montour and William Montour. The Company has also agreed to appoint an eighth director to the Board and reasonably acceptable to the Board after the Meeting . As part of the changes today, John Bell has also announced that he has decided to step down as Chair of the Board of Directors, effective immediately. HEXO would like to thank John Bell for stewarding the company through this transition period. In connection with the terms of the Agreement, the Company confirms certain changes to the nominees for election to the Board to be considered at the Meeting, as described in the Company's management information circular dated February 3, 2022. In connection with the Agreement, John Bell, Emilio Imbriglio, Adam Miron and Scott Cooper have resigned from the Board effective today and Mark Attanasio, Rob Godfrey and Helene F. Fortin have been appointed to the Board. The Circular contemplates the nomination for election to the Board at the Meeting of Messrs. Bell and Cooper. Pursuant to the Agreement, the Company is pleased to confirm that the New Directors will now be nominated to stand for election to the Board at the Meeting in place of Messrs. Bell and Cooper.
MGPI

Hot Stocks

09:31 EST MGP Ingredients to build new $16.7M extrusion plant - MGP Ingredients announced it will build a technologically advanced extrusion plant to produce its ProTerra line of texturized proteins. The new plant will be located adjacent to the company's existing Atchison, Kansas, plant. Once online in late 2023, the new extrusion plant is expected to produce up to 10M pounds of ProTerra per year.
HD

Hot Stocks

09:31 EST Home Depot CFO: Goal is to grow business to $200B in sales
TCBI

Hot Stocks

09:30 EST Texas Capital partners with Huston-Tillotson University - Texas Capital Bancshares has expanded its Commercial Lending Certificate Program to Huston-Tillotson University in Austin, Texas. Texas Capital Bank and ABA began the Commercial Lending Certificate Program for Historically Black Colleges and Universities in 2021 with Prairie View A&M University located in Prairie View, Texas. As an ABA member, Texas Capital Bank is able to extend its member resources to provide specialized certificate programs to collegiate institutions, such as Huston-Tillotson University.
HD

Hot Stocks

09:29 EST Home Depot: Broader uncertainty remains with respect to impact of inflation
DSX

Hot Stocks

09:29 EST Diana Shipping announces time charter contract for M/V San Francisco - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco. The gross charter rate is US$30,500 per day, minus a 5% commission paid to third parties, for a period until minimum March 1, 2023 up to maximum May 15, 2023. The charter commenced retroactively as of February 18, 2022. The m/v San Francisco was chartered, as previously announced, to Olam International Limited, Singapore, at a gross charter rate of US$17,750 per day for the first one hundred five days of the charter period and US$24,700 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties. The "San Francisco" is a 208,006 dwt Newcastlemax dry bulk vessel built in 2017. The employment of "San Francisco" is anticipated to generate approximately US$11.32 million of gross revenue for the minimum scheduled period of the time charter.
TOPS

Hot Stocks

09:28 EST TOP Ships announces chartering development for three Suezmax vessels - TOP Ships announced that it has agreed to the following: M/T ECO BEL AIR and M/T ECO BEVERLY HILLS: Upon completion of their current charters with BP, during the 1st and 2nd quarter of the year, the vessels will enter into time charter employment with a major oil trader for a minimum period of 20 months and a maximum period of 26 months, at charterer's option. Charterers also have the option to further extend the time charter until December 1, 2025 for M/T Eco Beverly Hills and December 10, 2025 for M/T Eco Bel Air. The daily rate for the entire period for both vessels is $24,000. M/T ECO OCEANO CA: To amend a previously-agreed time charter with an affiliate of its CEO which shall commence upon delivery of M/T Eco Oceano from Hyundai Samho shipyard, expected during the 1st quarter of the year. According to the amendment, the firm period of the time charter employment is increased from 5 years to 15 years and the daily rate is reduced from $32,450 to $24,500. The amendment was approved by a special committee composed of independent members of the Company's board of directors. The Transaction Committee obtained a fairness opinion from an independent financial advisor.
QLGN

Hot Stocks

09:27 EST Qualigen Therapeutics CEO says 'excited' for what lies ahead - A shareholder letter read, in part, "As we close out the second month of 2022, I am excited for what lies ahead for our company. The last 45 days have helped to realize the well-constructed strategy of Qualigen, and the next several months will continue to bring opportunities that will impact our company significantly. Looking forward, we are confident that our diagnostics business is about to become stronger. The commercial agreement for FastPack with our partner Sekisui Diagnostics, LLC will soon expire and, I'm pleased to announce that Qualigen will begin to benefit from 100% of the revenue generated from those sales. As a result, we expect to see an increase in our revenue and per-unit profit margins from our flagship diagnostics business. We remain grateful to Sekisui for a strong collaboration and partnership over the last several years and are prepared for Qualigen to resume full commercial responsibility as of April 1, 2022. Qualigen will assume all commercial activities and distribution management for its diagnostics unit in the U.S. and international markets. In anticipation of this change, we have been ramping up our diagnostics sales and marketing activities and production capabilities, without significantly impacting our spend. We are ensuring that the resources are firmly in place to facilitate a smooth transition. Once the license expires, we do not expect any interruption to our diagnostics sales and marketing engine as we will continue to leverage established partnerships with our various distributors in both the US and abroad. We will continue to explore potential opportunities within the diagnostics arena to create new revenue streams to add shareholder value. This includes reviewing potential add-on technologies and products for acquisition or licensing that can further strengthen our diagnostics business. The last two years under the shadow of COVID-19 have demonstrated the importance of rapid, accurate and convenient diagnostics testing, areas where Qualigen has excelled over the last 20 years. As a company, we want to be prepared from a technological and operational standpoint for when the next global need arises and to position Qualigen for success in fast-growing market segments. We believe that the focus on keeping Qualigen diversified, that is, continuing to build value from our commercialized medical diagnostics, while seeking to develop new and innovative treatments for rare and Orphan cancers, represents an advantageously differentiated business model. The expected increase in diagnostics revenue and per unit margin will allow us to continue to conduct our business and drive the development of our early-stage cancer therapeutic pipeline assets. Our dual focus on diagnostics and therapeutics drove the decision to acquire exclusive rights to our new lead therapeutic G4-selective transcription inhibitor program, QN-302, from the University College London, a top ten worldwide academic institution, for the potential treatment of pancreatic cancer, and other potential indications. We are particularly pleased to be discussing this recent in-license from UCL for exclusive worldwide rights and the positive news we have already received around it during this time of year. February is Rare Disease Month, and February 28, 2022, Rare Disease Day. Thus, we find it fitting to launch our development efforts of QN-302 for pancreatic cancer during a time designed to raise additional awareness around devastating rare cancers and other rare diseases. Pancreatic cancer is a rare disease. According to the American Cancer Society, each year an estimated 60,430 Americans are diagnosed with pancreatic cancer, with more than 48,220 dying from the disease each year? -- the highest mortality rate of all major cancers. Currently there are few viable treatment options for pancreatic cancer, including surgery, radiation therapy and chemotherapy, which may extend survival or relieve symptoms, but seldom produce a cure. Surgical removal of the tumor is possible in less than 20% of patients diagnosed with pancreatic cancer because detection is often in late stages and has spread beyond the pancreas. Adjuvant treatment with chemotherapy may lower the risk of recurrence. For advanced disease, chemotherapy may lengthen survival. For that reason, we are pleased about the opportunity to develop a potential new approach to treating pancreatic cancer. Professor Stephen Neidle, a globally recognized leader in this space, and his team at the UCL developed a portfolio of small molecules that target regions of cancer genes that have a disproportionately high number of G4s. Preclinical studies show that the investigational QN-302 selectively binds to G4s, forming a complex that may prevent the G4 structures from "unwinding" at the cancer cells' key regulatory regions. In theory, by preventing such "unwinding," QN-302 may inhibit transcription - which has already been seen in preclinical modeling through strong anti-tumor activity in multiple tumor types, including pancreatic cancer animal models - without apparent toxicity at proposed therapeutic doses. Further, preclinical studies suggest encouraging anti-tumor activity against chemotherapy-resistant tumors. We were therefore thrilled to welcome Professor Neidle as a consultant to Qualigen as we prepare to initiate IND-enabling studies for QN-302. As we announced this month, Dr. Neidle will serve to help build scientific understanding regarding data results, including authorship and presentation to the scientific community. As announced last week, we are already off to a strong start with three abstracts accepted to the prestigious American Association for Cancer Research (AACR) conference in April, where Professor Neidle will present regarding QN-302. We look forward to sharing the data from these abstracts at the time of the AACR conference. As we make progress on our lead therapeutic program QN-302, we continue to invest in our QN-247 and RAS-F pipeline programs. We remain cautiously optimistic by the therapeutic potential of these assets as their differentiated mechanisms fit well within our strategy to treat rare Orphan cancers like acute myeloid leukemia. To accomplish this, we are further strengthening our collaboration with the University of Louisville while working to identify cost-saving efficiencies within our third-party vendor networks. Our RAS-F platform will benefit from an operationally streamlined process to identify and advance promising leads for further preclinical development, and from these efforts we anticipate opportunities to present promising new data at future conferences. We are off to a strong start for the year, with exciting new diagnostics opportunities and a clear path forward for our lead therapeutics program. We continue to develop our pipeline in Orphan oncology, including our QN-247 and RAS-F programs, and anticipate multiple reportable milestones throughout the year. As a priority, we will continue to carefully manage our cash in order to both maximize shareholder value and support business opportunities."
TARO

Hot Stocks

09:26 EST Taro Pharmaceutical to acquire Alchemee, terms undisclosed - Galderma and Taro Pharmaceutical announced they have signed a definitive agreement for Taro to acquire Alchemee, formerly The Proactiv Company, or TPC, from Galderma. The agreement between Galderma and Taro includes Alchemee's business and assets around the world, including the Proactiv brand. Proactiv has been used and trusted by millions around the world for more than 25 years. The acquisition is subject to customary closing conditions and any necessary regulatory approvals. Financial terms of the transaction have not been disclosed.
MDLZ

Hot Stocks

09:25 EST Mondelez highlights long-term growth strategy in AMEA region - Mondelez International will today spotlight its strategy for the Asia Pacific, Middle East & Africa region at the 2022 Consumer Analyst Group of New York Conference. Dirk Van de Put, Chairman and Chief Executive Officer, and Maurizio Brusadelli, Executive Vice President & President, AMEA, will detail the attractive growth opportunities in this large and diverse region, as well as key strategic initiatives designed to advance sustainable growth and create shareholder value. Mondelez International offers market-leading brands in key geographies that drive its success in the region. Ninety percent of AMEA revenue comes from focus brands, including two $1 billion global brands in Oreo and Cadbury Dairy Milk, as well as 11 brands with revenues of more than $100 million, including local jewels such as Bournvita and Kinh Do. The company's long history in the region - combined with its local-first strategy, robust supply chain, sophisticated route-to-market infrastructure and high levels of investment - represent key competitive advantages. The AMEA region has delivered robust growth, averaging mid-single digits over the past three years, underpinned by strong volume growth, healthy pricing and continued productivity gains. At the conference, Brusadelli will outline the company's AMEA strategy, providing further detail on its plans to accelerate revenue and share gains in the region by prioritizing: Increasing brand penetration and expanding the portfolio in core snacking categories of chocolate and biscuits; Growing distribution and channel exposure; Entering white spaces and adjacencies; Mondelez International will also showcase its business in India and China - two of the region's fastest-growing markets - to highlight the company's strategy in action.
AWRE

Hot Stocks

09:24 EST Aware, Anonybit partner for privatized biometric templates - Aware and Anonybit announced a partnership whereby the two companies will collaborate to bring highly secure, privatized biometric templates to customers and their users. The collaboration will address the biometric data security concerns prevalent in the market today, particularly with government customers.
INTA MSFT

Hot Stocks

09:23 EST Intapp enters strategic partnership with Microsoft - Intapp announced a strategic partnership with Microsoft to accelerate the adoption of cloud technologies by private capital, investment banking, legal, accounting, and consulting firms. Through a new multiyear strategic partnership, Intapp will deliver connected firm and deal management solutions on a Microsoft Azure-based industry cloud with deep integrations between Microsoft technologies, including Microsoft 365, and Intapp applications. Under the partnership, Intapp will adopt Azure as its preferred platform for delivering the industry cloud for professional and financial services, helping firms harness the full power of purpose-built software and services that support the modern workplace. Together, Microsoft and Intapp will help partner-led firms unlock the full value of their data, deliver context-aware intelligence to professionals, implement greater operational efficiency, and ultimately, deliver better outcomes for their investors and clients.
NWVCF

Hot Stocks

09:22 EST Dole acquires second REV machine from EnWave - EnWave Corporation announces that Dole Worldwide Food & Beverages Group, a division of Dole Asia Holdings, has acquired a second 10kW Radiant Energy Vacuum dehydration machine from EnWave. EnWave and Dole previously announced plans for a Global Strategic Partnership in August 2021, and the addition of a second REV machine marks a material advancement of this strategic initiative.
WIT

Hot Stocks

09:21 EST Wipro forms joint go-to market partnership with vFunction - Wipro announced that it has formed a joint go-to market partnership with vFunction, a Palo Alto-based startup that has developed a scalable, AI-based technology platform for modernizing Java applications and accelerating migration to the cloud. In conjunction with this partnership, Wipro Ventures, the corporate investment arm of Wipro, announced that it has invested in vFunction's Series A funding round to deepen the strategic partnership.
IDXG

Hot Stocks

09:20 EST Interpace Biosciences announces update of CMS billing policy for thyroid tests - Interpace Biosciences announced that the National Correct Coding Initiative program issued a response on behalf of the Centers for Medicare & Medicaid Services stating that the previously announced billing policy reimbursement for its ThyGeNEXT and ThyraMIR tests, disclosed by it in a press release dated January 28, 2022, has been changed retroactive to January 1, 2022. As a result, the Company will continue billing for both tests according to its Laboratory Coverage Determination as originally set by Novitas. According to CMS, this updated policy will be posted on its website and will be included in the July 1, 2022 edit file.
NWL

Hot Stocks

09:20 EST Newell Brands repurchases $275M of its shares from Icahn Enterprises - Newell Brands announced that on February 21 it entered into an agreement to repurchase approximately $275M of the company's common shares beneficially owned by Carl C. Icahn and certain of his affiliates at a purchase price of $25.86 per share, the closing price of Newell Brands' common shares on February 18 the last trading day prior to the execution of the purchase agreement. Newell Brands will utilize cash on hand and its existing credit facility to fund the share repurchase. The share repurchase is expected to close no later than February 25 subject to customary closing conditions, after which Icahn Enterprises is expected to own approximately 33M common shares of Newell Brands, which represents approximately 8% of the company's outstanding shares. This share repurchase will be made pursuant to the existing authorization under the company's $375M share repurchase program, associated with Newell Brands' planned divestiture of the Connected Home & Security business. At the time of the announcement of this transaction, Newell Brands indicated that it anticipates using the after-tax proceeds toward both debt paydown and share repurchase, with the goal of maintaining the company's current leverage ratio. The company continues to expect this divestiture to be completed by the end of the first quarter of 2022, subject to customary closing conditions, including regulatory approval. Ravi Saligram, Newell Brands President and CEO, said, "Today's announcement of the share buyback reflects our confidence in the strategy we have been implementing, which is yielding strong results, and is expected to create tremendous shareholder value. We are thankful to Carl Icahn, Brett Icahn and their Board representatives for their support and guidance over the past several years and look forward to their continued contributions going forward." Carl Icahn said, "I remain an avid supporter and believer in Newell Brands' management team and their strategy, which has strengthened the company's underlying performance and reignited their top line momentum. I look forward to our continued partnership, as I remain one of the company's largest shareholders, with approximately 33M shares valued at $855M."
USIO

Hot Stocks

09:19 EST Usio partners with NASCAR driver Landon Cassill - Usio announced it will be partnering with driver Landon Cassill of Kaulig Racing during the 2022 NASCAR Xfinity Series season. As part of the partnership, Landon will drive a Usio branded version of his No. 10 Chevrolet Camaro. Usio's first race with Cassill will be held in Austin, Texas, at Circuit of the Americas.
AVPT

Hot Stocks

09:19 EST AvePoint enhances global partner program - AvePoint revealed enhancements to its global partner program, which is designed to equip partners including managed service providers, value added resellers (VARs), cloud consultants and DevOps partners, with the right technology and tools to capitalize on collaboration security revenue opportunities. It also aligns benefits and resources to various partner business models and technology delivery preferences, and has been serving partners since its official launch in July 2021. By the end of 2021, AvePoint had over 2,800 total partners, of which, over three quarters were active MSPs. In addition, as reported in 3Q earnings, AvePoint experienced triple-digit growth in monthly recurring revenue from the AvePoint Elements Managed Services Platform.
VZ AMZN

Hot Stocks

09:18 EST Verizon, Bloomberg, Zixi, AWS test 5G, mobile edge for content delivery - Verizon, Bloomberg Media, Zixi and Amazon Web Services are working together to test how 5G and mobile edge computing can transform how global business news is produced, delivered and consumed. Using Verizon 5G Edge with AWS Wavelength, Bloomberg Media will be able to package and deliver live 4K Ultra High Definition content without the need for satellites, allowing for fast and efficient content delivery. Verizon 5G Edge with AWS Wavelength, a real-time cloud computing platform, brings AWS compute and storage services to the edge of Verizon's wireless network. This, coupled with Zixi's SDVP and ZEN Master control plane, shows that it is possible to change the way broadcast content is packaged and delivered. This combination of Zixi software minimizes the latency and simplifies the networking required to connect from hosted software services on 5G Edge with AWS Wavelength to the end user's device while ensuring a high quality broadcast signal is maintained.
HD

Hot Stocks

09:18 EST Home Depot sees 2022 operating margin flat to 2021
DCTH

Hot Stocks

09:16 EST Delcath Systems moves to direct sales, marketing model for CHEMOSAT - Delcath Systems announced that effective March 1, 2022, it will resume direct responsibility for sales, marketing and distribution activities relating to the CHEMOSAT Hepatic Delivery System in Europe. Since December 2018, medac GmbH, a privately held, multi-national pharmaceutical company based in Germany, has been the licensee for CHEMOSAT in Europe. Delcath and medac are working closely together on an orderly transition of activities.
KHC

Hot Stocks

09:16 EST Kraft Heinz updates long-term growth targets ahead of CAGNY conference - Kraft Heinz will discuss progress the company is making against its strategic transformation plan at the 2022 Consumer Analyst Group of New York, or CAGNY, Conference. Taking into account the reorientation of the business to date and confidence in its next phase, Kraft Heinz will also announce that it is increasing its long-term growth targets, including: organic net sales growth from 1%-2% to 2%-3%; adjusted EBITDA growth from 2%-3% to 4%-6%; adjusted EPS growth from 4%-6% to 6%-8% with greater than or equal to 100% free cash flow conversion.
HCDI

Hot Stocks

09:14 EST Harbor Custom Development enters preliminary commitment for $29.75M loan - Harbor Custom Development announced that it has entered into a preliminary commitment for $29,750,000 in construction financing with WaFd Bank for the 177 unit Tanglewilde apartment complex located in Lacey, Washington. The 177-unit apartment complex is ideally located for tenants employed at Washington State's Capitol in Olympia or military personnel commuting to Joint Base Lewis-McChord. JBLM is a major U.S. military installation with nearly 210,000 inhabitants, making it the fourth largest military installment worldwide by population.
PROG

Hot Stocks

09:13 EST Progenity shares poster presentations on treatment of gastrointestinal disorders - Progenity shared two poster presentations that were presented during the 17th Congress of the European Crohn's and Colitis Organisation on February 18, 2022. Dr. Geert D'Haens and Mr. Joep van Oostrom shared a poster titled "Pharmacokinetic stratification of cytokine profiles during anti-TNF induction treatment in moderate-to-severe UC," which explores potential causes for the 30% of patients who are primary non-responders to anti-TNF therapies. The pro-inflammatory cytokine interleukin 6 was observed at high levels in tissue, suggesting it may be a driver of inflammation alternative to TNF in ulcerative colitis. This suggests a need for combination therapy. Dr. Bram Verstockt and Dr. Severine Vermeire presented a poster titled "Tofacitinib tissue exposure correlates with endoscopic outcome," which highlighted a significant relationship between mucosal exposure and endoscopic improvement in tofacitinib-treated patients with moderate to severe ulcerative colitis.
SUMO

Hot Stocks

09:11 EST Sumo Logic announces new offerings for Sumo Logic Cloud SOAR - Sumo Logic announced new offerings further advancing its award-winning Sumo Logic Cloud SOAR with the War Room and App Central features. The War Room provides security teams with the details of an incident to expedite manual processes that could typically take minutes to now close within a matter of seconds. Within App Central, critical resources, including use cases, integrations, and playbooks, are brought together to boost necessary automation so that security teams can build standard operating procedures and respond faster to incidents.
CARG

Hot Stocks

09:11 EST CarGurus rolls out Instant Max Cash Offer to California - CarGurus has launched its fully-digital car selling solution, CarGurus Instant Max Cash Offer, on the West Coast. Now, California residents can take advantage of the company's revolutionary platform that brings wholesale and retail together to deliver consumers the best selection of inventory, the maximum offer to buy their vehicle from in-network dealers, and the ultra-convenience of white-glove pick up service.
STM

Hot Stocks

09:10 EST STMicroelectronics announces new family of Time-of-Flight sensors - STMicroelectronics, has announced a new family of high-resolution Time-of-Flight sensors that bring advanced 3D depth imaging to smartphones and other devices. The 3D family debuts with the VD55H1. This sensor maps three-dimensional surfaces by measuring the distance to over half a million points. Objects can be detected up to five meters from the sensor, and even further with patterned illumination. VD55H1 addresses emerging AR/VR market use cases including room mapping, gaming, and 3D avatars. In smartphones, the sensor enhances the performance of camera-system features including bokeh effect, multi-camera selection, and video segmentation. Face-authentication security is also improved with higher resolution and more accurate 3D images to protect phone unlocking, mobile payment, and any smart system involving secure transactions and access control. In robotics, the VD55H1 provides high-fidelity 3D scene mapping for all target distances to enable new and more powerful capabilities.
MATW

Hot Stocks

09:09 EST Matthews enters joint development agreement with Illuming Power - Matthews International Corporation announced a Joint Development Agreement with Illuming Power Inc., a Vancouver BC engineering firm specializing in the design, prototype, manufacture and sale of hydrogen fuel cell related materials, components and stacks. This two-year partnership will develop an automated, expanded graphite bipolar plate production line that will dramatically reduce production costs, accelerating the mass market adoption of fuel cells for a variety of end-use markets, including for transportation and stationary applications.The JDA builds on the established global position Matthews holds in production lines for the clean energy market, where the Company is a leader in calendaring lines for electrode production of lithium-ion batteries for the electric vehicle market, and on its growing expertise in fuels cells following the acquisition of Terrella Energy Systems in May 2021.
USCB

Hot Stocks

09:08 EST USCB Financial elects Ramon Rodriguez to board of directors - USCB Financial Holdings and its subsidiary, U.S. Century Bank, announced that Ramon A. Rodriguez, CPA has been elected as an independent director of both the holding company and the bank. Previously, he was CEO of Madsen Sapp Mena Rodriguez & Co. from 1971 until he retired from public accounting in 2009. Mr. Rodriguez was a founder and board member of DME Corporation, a manufacturing company in the defense and aerospace sector, from 1975 to 2009. He also served on the board of Republic Services, Inc., a solid waste company listed on the NYSE, from 1999 to 2020 and is a past chairman of the board.
USB MSFT

Hot Stocks

09:08 EST U.S. Bancorp partners with Microsoft on banking with cloud computing - U.S. Bank (USB) announced a substantial investment in modernizing its technology foundation through the selection of Microsoft (MSFT) Azure as its primary cloud provider for U.S. Bank applications. U.S. Bank and Microsoft will work to develop new growth opportunities that will allow U.S. Bank to expand its partnerships and take advantage of an ever-evolving financial services marketplace.
IBM

Hot Stocks

09:07 EST IBM, Worley, ABB, to collaborate on green hydrogen solution - IBM, Worley and ABB have signed a memorandum of understanding to collaborate on helping energy companies build and operate green hydrogen facilities more efficiently and at scale. Under the collaboration, Worley will provide engineering, procurement, and construction expertise across all stages of the project. ABB will provide offerings for electrical infrastructure, automation, operations digitalization and optimization, and energy management. IBM will provide systems integration services, as well as data framework and management solutions. Together, the three parties will provide operations and maintenance services.
LEN

Hot Stocks

09:07 EST LMC, CPP Investments form $979M multifamily joint venture - Canada Pension Plan Investment Board and LMC, a wholly-owned subsidiary of Lennar, have formed a new joint venture to develop Class-A multifamily residential communities across high-growth metropolitan areas in the U.S. CPP Investments and LMC have allocated $979M in equity to the joint venture. CPP Investments will own a 96% stake and LMC will own the remaining 4%.
SRNE

Hot Stocks

09:07 EST Sorrento Therapeutics announces preclinical results of COVISHIELD - Sorrento Therapeutics announced that additional preclinical results demonstrate broad spectrum COVISHIELD neutralizing activity against Omicron BA.1, Omicron BA.1+R346K, and the increasingly prevalent sublineage, Omicron BA.2. The Omicron BA.2 encodes the core spike mutations that serve to generally define the Omicron lineage, however, it carries additional spike mutations that were not identified within the BA.1 Omicron sublineage. The BA.2 Omicron virus is reported to have 50% more enhanced transmissibility as compared to the BA.1 Omicron viruses and may cause potentially similar disease severity as the Delta virus. Using VSV pseudotyped viruses, STI-9167 neutralization potency was benchmarked against antibody reagents based on EUA-approved SARS-CoV-2 nAbs. STI-9167 neutralization activity was the topmost performing nAb among the comparative nAb treatments, similar to the recently EUA-approved LY-1404 nAb but superior to all other EUA-approved nAbs in neutralizing Omicron BA.1, BA.1+R346K and BA.2 viruses.
HD

Hot Stocks

09:06 EST Home Depot has grown business by over $40B over two years, CEO says - Comments taken from Q4 earnings conference call.
ENGA

Hot Stocks

09:06 EST Bebuzee announces corporate regorganization - The executive management of Bebuzee, Ltd. f/k/a Engage Mobility announced that its corporate group will undertake a corporate reorganization. As previously announced, Bebuzee, Ltd., an entity organized under the laws of England and Wales, had acquired the controlling stock interest in Engage Mobility, Inc. To better align with its long-term operational objectives, the Board of Directors of Bebuzee have elected to transfer the assets of the company to Bebuzee Group Holdings SEZC, an entity organized under the laws of the Cayman Island's Special Economic Zone. "The Cayman Island's Special Economic Zone together with the jurisdiction's long established favorable business environment has made this reorganization a fairly easy decision," stated Joseph Onyero, Chief Executive Officer of both Bebuzee, Ltd. and its future Cayman Islands holding company. "In order to grow a global organization of the scope in which we intend to, the move was necessary and will undoubtedly prove beneficial to our stockholders, stakeholders and operational partners," he continued. In addition to the corporate reorganization, Bebuzee will be opening a development office in the Cayman Islands to further the growth of its proprietary social media platform. Following the reorganization, expected to close in the coming weeks, Bebuzee Group Holdings SEZC will become the controlling stockholder of Bebuzee, Ltd f/k/a Engage Mobility, Inc. In addition, the corporate group will be transferring its proprietary intellectual property assets to the Cayman Islands holding company. Those assets will, in turn, be licensed to the Florida-domiciled public company which will serve as the operational arm of the corporate group.
AGRI

Hot Stocks

09:05 EST AgriFORCE Growing Systems enter licensing agreement with Radical Clean Solutions - AgriFORCE Growing Systems has entered into an exclusive worldwide licensing agreement with Radical Clean Solutions, to commercialize their new proprietary hydroxyl generating devices within the controlled environment agriculture and food manufacturing industries. The patent pending system seeks out and destroys both airborne and surface-based mold, bacteria, virus, odorous and volatile organic compounds, as well as other pathogens and pollutants in real-time. The license grants the rights to AgriFORCE in perpetuity as well as joint patent ownership rights for CEA.
WOW

Hot Stocks

09:04 EST WideOpenWest partners with Reach Mobile for wireless market entry - WideOpenWest has partnered with Reach Mobile to offer its HSD customers discounts when they purchase WOW! mobile powered by Reach. WOW!'s high-speed internet customers can take advantage of extra savings on their WOW! mobile service. Consumers do not need to be WOW! customers to experience the no-contract cell phone plans and unlimited talk and text. WOW! mobile powered by Reach will offer a variety of plans through which customers could receive up to $10 off their WOW! mobile powered by Reach Mobile bill each month.
MDT

Hot Stocks

09:04 EST Medtronic says FY23 will be a 'unique and challenging year' - Does not expect EPS growth above revenue growth in FY23. Says committed to long range plans. Says dialogue with FDA "ongoing and constructive." Says seeing wage inflation of about 9%.
GSK

Hot Stocks

09:04 EST GSK says independent Consumer Healthcare company to be called Haleon - GlaxoSmithKline plc announced that the new company, to result from the proposed demerger of Consumer Healthcare from GSK in mid-2022, will be called Haleon. "The new name was announced as part of a global celebration for all of the people working in GSK Consumer Healthcare earlier today. Employees from around the world had the opportunity to engage with the new name and brand identity which seeks to bring to life the company's purpose and growth ambitions. The name was also announced in advance of GSK hosting a Consumer Healthcare Capital Markets Day for investors and analysts on Monday 28 February, to provide details on the overall strategy, capabilities and operations of Haleon, including detailed financial information and growth ambitions of the business. For prospective investors, Haleon will offer attractive organic sales growth, operating margin expansion and consistent high cash generation," the company said. Brian McNamara, Chief Executive Officer Designate, Haleon, said: "Introducing Haleon to the world marks another step in our journey to become a new, standalone company. Our name is grounded in our purpose to deliver better everyday health with humanity and to be a world-leader in consumer healthcare. We are on track to launch Haleon in mid-2022 and our business momentum is strong. We look forward to updating investors and analysts more on this at our capital markets event at the end of February." Emma Walmsley, CEO of GSK, said: "Haleon brings to life years of hard work by many outstanding people to build this new company purely dedicated to everyday health. Haleon has enormous potential to improve health and wellbeing across the world with strong prospects for growth, and through listing will unlock significant value for GSK shareholders."
FOUN

Hot Stocks

09:04 EST Rubicon announces multi-year agreement with SRS Distribution - Rubicon Technologies announced that it has entered into a multi-year agreement with SRS Distribution. Rubicon will bring its suite of cloud-based software products, and the power and scope of its network of more than 7,000 hauler and vendor partners, to bear in providing scalable waste, recycling, and sustainability solutions to SRS in support of the company's environmental and business goals.
BLIN

Hot Stocks

09:01 EST Bridgeline Digital partners with sporting goods wholesaler - Bridgeline Digital announced that their site search product Hawksearch has been chosen by a large sporting goods wholesaler to power on-site search for five of their eCommerce sites.
BTCS

Hot Stocks

09:01 EST BTCS appoints Manish Paranjape as CTO - BTCS Inc. announced the appointment of Manish Paranjape as Chief Technology Officer. Paranjape, who has been working as a consultant for BTCS since the first quarter of 2021, brings more than 25 years in the technology sector to his CTO role at BTCS. Previously, Paranjape was VP of Technology and Research at Corra, a leading digital commerce agency. Prior to joining Corra, Paranjape was CTO of REGARD, where he was integral to the development of GoGoin, a global digital currency payment gateway for e-commerce merchants.
QUISF IIIV

Hot Stocks

09:00 EST Quisitive Technology appoints Scott Meriwether as CFO - Quisitive Technology Solutions announced the appointment of Scott Meriwether as Chief Financial Officer and Corporate Secretary of the Company, effective immediately. Mr. Meriwether succeeds Michael Murphy, who has served as CFO and Corporate Secretary of Quisitive since August 2019. Mr. Meriwether comes to Quisitive with more than 15 years of senior leadership experience, having most recently served as Chief Operating Officer of Nasdaq listed i3 Verticals, Inc., a software and integrated payments company focused on public and private organizations in the public sector and healthcare verticals, among others.
IDAI

Hot Stocks

08:59 EST Trust Stamp appoints Reuben Farrugia as Malta Research Director - Trust Stamp welcomes Prof. Reuben Farrugia to its team as Malta Research Director amidst ongoing investment in research and development alongside multiple patent filings in early 2022. As an internationally recognized authority in biometrics with nearly two decades of experience in image processing and computer vision and over 70 international peer-reviewed publications, Prof. Farrugia brings deep expertise to the Trust Stamp team. He maintains active industry leadership as an Associate Professor at the University of Malta, National Contact for the European Association of Biometrics, and IIEE Senior Member, having previously served as General Chair to the IEEE International Workshop on Biometrics and Forensics.
STRM

Hot Stocks

08:58 EST Pennsylvania-based health system signs contract for Streamline Health eValuator - Streamline Health Solutions announced it has signed a contract with a seven hospital, Epic-EHR based health system in Pennsylvania. The system will use eValuator's automated pre- and post-bill coding analysis technology to help improve revenue integrity and financial performance from their inpatient and outpatient services.
IPW

Hot Stocks

08:57 EST iPower acquires Anivia Limited for $12M - On February 15, 2022, iPower acquired Anivia Limited, a British Virgin Islands company, for $12 million. Anivia Limited controls a 100% interest in iPower's largest global co-engineering partner, Daheshou Shenzhen Information Technology Co. DHS is a service provider based in Shenzhen, China that is engaged in R&D, distribution, quality assurance, end-to-end supply chain management services, and online merchandising services. DHS provides these services to markets throughout North America, Europe and Asia. DHS generated approximately $9.0 million of gross sales in fiscal year 2021, with the majority of that revenue coming from iPower, DHS's largest customer. The acquisition of DHS will expand iPower's current supply chain and e-commerce capabilities through in-house product sourcing, manufacturing network management, quality assurance processes and R&D expertise. The $12.0 million in transaction consideration includes $1.5 million of cash and a $3.5 million unsecured promissory note, with the remaining $7.0 million paid in the form of 3,083,700 shares of iPower common stock, valued at $2.27 per share, which was the closing price of our common stock traded on the Nasdaq Capital Market on February 15, 2022. The promissory note bears interest at a rate of 6% per year and will mature in two years. All common stock issued is subject to a 180-day lock-up period following the closing of the transaction.
SQ

Hot Stocks

08:57 EST Block's Afterpay, EyeBuyDirect partner to offer 'buy now, pay later' payments - EyeBuyDirect and Afterpay announced a partnership to bring flexible spending to customers shopping online at the popular direct-to-consumer eyewear company. Through this partnership, EyeBuyDirect customers using Afterpay will be able to make purchases and pay for them in four interest-free installments, due every two weeks. Customers will receive their choice of eyewear products, with the ability to pay over time. Afterpay is a wholly owned subsidiary of Block.
UFCS

Hot Stocks

08:56 EST United Fire Group CEO Randy Ramlo to retire - United Fire Group President and Chief Executive Officer Randy Ramlo announced he will retire from the company in 2022. A long-term UFG employee, Mr. Ramlo has served in his current role since May 2007. Mr. Ramlo will continue in his current role until a successor is named and intends to remain in a consulting role to the company during the transition process following the appointment of a new CEO. Mr. Ramlo's anticipated retirement date from UFG is October 31, 2022, pending the successful completion of an executive search process for his successor.
TDOC

Hot Stocks

08:55 EST Teladoc publishes annual corporate social responsibility report - Teladoc Health published its annual corporate social responsibility report. The report highlights the company's commitment to taking care of people, building trust, operating responsibly, and having a positive impact on the global community. Teladoc Health has continued to ramp up CSR efforts globally as the world enters year three of the COVID-19 pandemic and faces ongoing economic and sociopolitical stress. Key highlights from this year's report include: Increasing employee diversity: Approximately 53 percent of Teladoc Health new hires in the U.S. identified as racial minorities in 2021, and the organization is committed to increasing diversity within its leadership by 10 percent in 2022. Advancing greater health equity and creating increased access to healthcare: Teladoc Health is investing in enhancing the delivery of culturally aware care and reducing barriers to access - from making care available in more languages and hiring more diverse providers and coaches, to expanding the breadth of demographic and ethnographic data it collects to better understand the factors driving disparities in health outcomes. Assisting communities impacted by climate change: Teladoc Health continues to offer 24/7 free access to select communities impacted by natural disasters and other effects of climate change. In 2021, this included response efforts in 18 states. Giving back, together: Teladoc Health set out to advance positive social change in the community by volunteering a collective 10,000 hours around the globe in 2021. Their global team embraced this goal-and exceeded it by clocking more than 12,000 hours for their own personal charitable work and established a new goal to exceed 15,000 hours together in 2022.
DMTTF

Hot Stocks

08:54 EST Small Pharma announces analysis of Phase I data from SPL026 trial - Small Pharma is pleased to share the analysis of Phase I data from the combined Phase I/IIa clinical trial of SPL026 with psychotherapy for the treatment of Major Depressive Disorder. In the dose-escalating, placebo-controlled Phase I study, 32 healthy psychedelic naive volunteers across four dose cohorts received either SPL026 in combination with psychotherapy or placebo. This analysis provides additional insight into dose-related effects on the primary outcomes of safety and tolerability as well as on pharmacodynamic measures, including the treatment experience and subject well-being. Key results: No drug-related serious adverse events and minimal short-lived adverse events reported on dosing day. Of 20 drug-related adverse events, all were mild or moderate and resolved rapidly and independently. No statistically significant negative effects on anxiety and well-being identified at any point during the three-month follow-up. Data show a clear correlation between quality of psychedelic experience and dosing levels, starting at 9mg and up to 21.5mg, across all four cohorts. Participant-reported scores, using a 0 to 100 scale, on the richness of the psychedelic experience demonstrated increasing values of 48, 79, 79, 88 across the four increasing doses. A dose correlation was seen across most patient-reported scores. Therapist assessment of the predicted therapeutic benefit of SPL026 demonstrated a positive relationship with dose. In the majority of participants, there was a strong correlation between levels of N,N-dimethyltryptamine in the body and the quality and intensity of the psychedelic experience. IV administration of SPL026 offers a short-lived, well-tolerated psychedelic experience of ~20 minutes, enabling a dosing session to last only ~30 minutes. Pharmacokinetic sampling supported rapid clearance out of the body, showing near undetectable DMT levels in the blood by 60 minutes at all investigated doses. The data confirms the selected dose of SPL026 taken forward into Phase IIa most consistently delivers the target treatment profile across subjects through a multi-dimensional assessment including safety, tolerability, pharmacokinetic and pharmacodynamic parameters. The full dataset is anticipated to be published in a peer reviewed journal. The blinded, randomized, placebo-controlled, proof-of-concept Phase IIa study of SPL026 in combination with psychotherapy in 42 patients with MDD remains on track to deliver topline results in the first half of 2022. This study will assess the efficacy of one dose of SPL026 versus a placebo, and one versus two doses of SPL026 in combination with psychotherapy in patients with MDD while bolstering existing safety and tolerability data.
ZSAN

Hot Stocks

08:54 EST Zosano says FDA didn't see resubmitted M207 NDA as complete - In a regulatory filing after the close on Friday, Zosano Pharma disclosed that on February 17, the company received a response letter from the U.S. Food and Drug Administration with regard to the company's January 18, 2022 resubmission of the 505(b)(2) New Drug Application for M207. "The response letter stated that the FDA did not consider the resubmitted M207 NDA to be a complete response to the deficiencies identified in the FDA's October 19, 2020 Complete Response Letter, and that the FDA will not begin substantive review of the application until a complete response is received. Among other things, the FDA's response letter stated that the company's strategy for establishing a pharmacokinetic, or "PK," bridge to Zomig Nasal Spray 5 mg by relying primarily on data from the Company's recently completed Phase 1 PK study was not acceptable, due in part to differences between the design of Study CP-2021-001, which compared the PK of M207 to two sequential doses of 5 mg Zomig NS, and the criteria for re-dosing set forth in the labeling instructions for 5 mg Zomig NS. The FDA's response letter described alternative methods through which the company may establish a PK bridge to 5mg Zomig NS, including: (i) by demonstrating bioequivalence to Zomig NS using standard criteria for all PK exposure metrics, including through a combination of relevant PK data and modeling or simulation procedures; or (ii) by conducting a relative bioavailability study in healthy volunteer subjects. The company is evaluating next steps in relation to the FDA's response letter as part of its financial and strategic planning; however, there can be no assurances that the company's resources will enable the company to continue to pursue FDA approval of M207. As previously disclosed, the company has retained SierraConstellation Partners, LLC as an independent financial advisor to assist in exploring financial and strategic alternatives to maximize value, which may include, but not be limited to, asset or equity sales, joint venture and partnership opportunities, and restructuring, amendment or refinancing of existing liabilities, and is evaluating various alternatives to improve its liquidity. However, there can be no assurances that the company will achieve any of these objectives," the filing stated.
NVCT

Hot Stocks

08:50 EST Nuvectis Pharma announces data for NXP900 in preclinical models - Nuvectis Pharma announced a publication in Cancer Research by scientists from the University of Edinburgh titled Loss of Integrin-Linked Kinase Sensitizes Breast Cancer to SRC Inhibitors, highlighting NXP900's robust activity in preclinical models of Triple Negative Breast Cancer with Integrin-Linked Kinase loss. NXP900 is Nuvectis' novel and highly-selective SRC/YES1 inhibitor that effectively shuts down SRC-mediated signaling by inhibiting both the catalytic and scaffolding functions of SRC/YES1 kinases, without triggering immunosuppressive effects. The study was led by Dr. Valerie G. Brunton, Ph.D., Professor and Chair of Cancer Therapeutics at the Institute of Genetics and Cancer at the Cancer Research UK Edinburgh Centre in Edinburgh, Scotland. Dr. Brunton and the team at the University of Edinburgh demonstrated that loss of ILK sensitizes TNBC to treatment with SRC inhibitors, and that treatment with NXP900 was superior to treatment with bosutinib, an approved multi-kinase inhibitor that is known to inhibit the catalytic function of SRC kinase. Importantly, it was shown that NXP900 completely blocked the growth of ILK-knock-out tumors demonstrating superiority vs bosutinib. The studies also showed that NXP900 was significantly more potent in the same TNBC model versus bosutinib. This further supports the notion that complete shutdown of SRC-mediated signaling is key to unlocking the full potential of SRC inhibition as an anti-cancer treatment strategy.
GURE

Hot Stocks

08:49 EST Gulf Resources provides updates on business operations - Gulf Resources provides updates on its business operations. On Dec. 27, 2021, Gulf Resources announced that the government of Shouguang City had ordered the closing of all bromine facilities during the period from December 28, 2021 to February 21, 2022. The Company believes the seasonal closure is part of governmental plan to curb winter air pollution and improve the efficiency of brine resources. On February 21, 2022, Gulf Resources reopened its four operating bromine and crude salt facilities. It should take the Company 3-4 days to test its equipment and begin production. The Company expects production to quickly ramp up to the levels achieved prior to the shutdown. Bromine prices continue remaining very strong. By the time of the shutdown, the price of bromine was RMB53,451. As of February 17, 2022, the price of bromine was RMB59,000 per tonne. While the Company did not receive a formal notice from the government regarding the electricity needed for its Yuxin Chemical factory, discussions with the government have convinced management that the electricity restrictions are being eased. Accordingly, the Company has contacted its suppliers and will have the remainder of the equipment produced and delivered, so the Company can complete installation and begin testing and trial production.
VAC

Hot Stocks

08:49 EST Marriott Vacations increases share repurchase authorization by $300M - Marriott Vacaciones increased its prior authorization to repurchase common stock of the company by $300M. As of February 17, the company had approximately $145M of capacity remaining under its prior authorization, and the increase in authorization provides a total remaining capacity of approximately $445M.
VAC

Hot Stocks

08:48 EST Marriott Vacations increases quarterly dividend 15% to 62c per share - Marriott Vacations authorized a quarterly cash dividend of 62c per share of common stock, an increase of 15% over the company's prior dividend. The dividend is payable on or around March 17 to shareholders of record as of the close of business on March 3.
TRKA

Hot Stocks

08:48 EST Troika Media says Super Bowl LVI 'milestone moment' for the company - Troika Media Group announced that last week's Super Bowl LVI was a milestone moment for the company, as Troika has been creative partners with the Los Angeles Rams, SoFi, and the Los Angeles Super Bowl Host Committee on a slate of branding, marketing and fan experience initiatives, including engineering the Rams game day experience on the massive 360-degree, two-sided Infinity screen. In partnership with the Los Angeles Sports & Entertainment Commission, Troika created the logo, identity, and the launch campaign for the Los Angeles Super Bowl Host Committee to welcome the massive event back to LA. They kicked it off with a :90-second film featuring Snoop Dogg, declaring LA not only the home of this year's Super Bowl, but the preeminent home of the NFL. The spot leaned heavily into iconic Los Angeles footage and the future-forward ideals of one of the world's most diverse cities. For the LA Rams, the ask for the in-stadium experience was a big one: Turn every Los Angeles Rams moment into an expressive brand experience and delight Angelinos with memorable and high-impact moments throughout the game. The entire presentation was designed to engage and excite fans, while embracing, celebrating and capturing the spirit of the city. For SoFi the primary goal of the engagement was to raise brand awareness through NFL gamedays. They needed to introduce the brand and their unique offerings to fans and do it in creative ways that enhance, rather than detract from, their game experience. Troika seized this opportunity to create a fan-centric, experience that owned key moments for the SoFi Brand. Troika continues to work with the LA Rams and SoFi stadium for the upcoming 2022-23 season, along with other world-class sports and entertainment brands to be announced throughout the year.
ACER ADMP

Hot Stocks

08:47 EST Acer Therapeutics appoints Adrian Quartel as CMO - Acer Therapeutics announced the appointment of Adrian Quartel, M.D., FFPM, as Chief Medical Officer. Dr. Quartel will oversee Acer's clinical development, medical affairs, regulatory and other scientific and medical functions. Quartel joins Acer Therapeutics from Adamas Pharmaceuticals, a company focused on drug discovery, development, and delivery of treatments for neurological diseases, where he served as Chief Medical Officer since 2020.
PFSW

Hot Stocks

08:46 EST PFSweb announces second fulfillment center in Las Vegas area - PFS is opening a second fulfillment center in North Las Vegas, NV, in close proximity to its existing facility in the Las Vegas area. With this new facility, PFS' North American fulfillment center footprint has now expanded to eight facilities. PFS also operates two fulfillment centers in Europe. Following the announcement of its first facility opening in the Las Vegas area in 2021, PFS received strong interest from existing clients to quickly add a western node to their fulfillment operations. As a result, this fulfillment center reached capacity just before the holiday peak season and is comprised of ten unique branded fulfillment operations. The new fulfillment center is scheduled to open in Q2 2022 and is estimated to bring up to 300 full-time, part-time, and seasonal jobs to the local market by the end of 2022. PFS plans to use the additional capacity for new client opportunities as well as to further enable growth opportunities with existing clients via a multi-node fulfillment strategy. There are also plans to add contact center training environments within the building to provide in-person training for new employees.
IIVI

Hot Stocks

08:45 EST II-VI renews annual pledge of $1M to fund STEM education, research programs - II-VI Incorporated announced that it will contribute $1,000,000 in unrestricted funds during 2022 to support the goals of the II-VI Foundation, a 501(c)(3) charitable organization. This is the second year in a row that II-VI has contributed $1 million to the Foundation. The mission of the II-VI Foundation is to encourage and enable students to pursue careers in science, technology, engineering, and mathematics while maintaining a standard of excellence in that pursuit. The private foundation's two primary programs are block gifts for graduate students and undergraduate student scholarships. The announcement was made in conjunction with National Engineers' Week, February 20-26.
XSPA

Hot Stocks

08:44 EST XpresSpa opens second COVID-19 testing facility at Denver International Airport - XpresSpa announced that it has opened a second XpresCheck COVID-19 testing facility at Denver International Airport. XpresCheck is located pre-security in the Great Hall with six separate testing rooms. COVID-19 testing options include a Rapid RT-PCR test and the standard Polymerase Chain Reaction Test.
AYRWF

Hot Stocks

08:43 EST Ayr Wellness announces Changing Legacies events - Ayr Wellness announced the launch of Changing Legacies, a series of record expungement clinics scheduled to take place on February 27, 2022. As part of the series, Ayr has partnered with numerous not-for-profit and community organizations with expertise in social justice and legal and criminal justice reform. The Company and its partners specifically designed each clinic to assist individuals in expunging cannabis and other non-violent crimes from their records, allowing an opportunity for a fresh start.
ARE LLY

Hot Stocks

08:43 EST Eli Lilly signs long-term lease with Alexandria Real Estate for new institute - Alexandria Real Estate (ARE) announced that Eli Lilly (LLY) has signed a 334,000 RSF long-term lease for the development of Lilly's new Institute for Genetic Medicine in the Seaport life science submarket of Greater Boston. 15 Necco is a sustainable office/laboratory development that offers a waterfront presence and views of Boston. The building, which is targeting LEED Gold Core & Shell, Fitwel, WELL and WiredScore Platinum certifications, commenced construction in 2021 and is expected to deliver in late 2023. Lilly has also leased 36,000 RSF at 215 First Street, owned and operated by Alexandria, to support the scale-up of its new Institute for Genetic Medicine ahead of anticipated occupancy at 15 Necco in 2024.
LINC

Hot Stocks

08:42 EST Lincoln Tech's Columbia, MD campus returns to regular class schedule - Lincoln Educational Services Corporation announced that the Columbia, MD campus will return to regular class schedules beginning Tuesday, February 22 at 1pm following a fire that occurred on the roof of an adjacent business on Sunday, February 20. The fire started in the electrical system on the roof's solar panel grid. The fire was contained to a small section of the roof and did not spread to the interior of the building. The Howard County Fire Department's Fire Inspection Team completed an inspection of the building and approved the safe return of all students and staff to the campus. The building was unoccupied at the time of the fire and no injuries were reported.
DZSI CASA

Hot Stocks

08:41 EST DZS appoints Andrew Finkelstein as SVP, North America Sales - DZS announced the appointment of Andrew Finkelstein as Senior Vice President, North America Sales. Mr. Finkelstein joins DZS from Casa Systems, bringing two decades of fixed and mobile access networking experience to DZS as well as long-term customer and channel partner relationships across the region.
WPM

Hot Stocks

08:40 EST Kutcho Copper closes agreement with Wheaton Precious Metals - Kutcho Copper is pleased to announce that it has closed its amendment agreement with Wheaton Precious Metals Corp, as announced and described in Kutcho's news release of February 11, 2022. As part of the closing of the Amendment, Kutcho issued to Wheaton 10,485,958 common shares at a price of $0.908 per common share and settled and terminated the Company's outstanding debt instruments and loan agreement as part of the Amendment terms described in the February 11, 2022 news release. Wheaton now owns 17,639,804 Common Shares, representing approximately 15.39% of the Company's issued and outstanding Common Shares, and 16.12% of the Company's Common Shares on a partially diluted basis, assuming Wheaton's exercise of the Warrants. All common shares issued to Wheaton are subject to a hold period of four months and one day from closing. The issuance of the shares received TSX Venture Exchange conditional approval and is subject to the Company's final filing requirements with TSXV. Prior to the closing of the Amendment, Wheaton held 7,153,846 common shares in the capital of Kutcho and 1,000,000 Common Share purchase warrants, representing approximately 6.87% of the Company's issued and outstanding Common Shares and 25.26% on a partially diluted basis, assuming Wheaton's exercise of 1,000,000 Warrants and conversion of the Convertible Debenture for the full principal amount, which would result in the issuance of 24,615,384 Common Shares. As a result, Wheaton was considered a "related party" of the Company and the Amendment may be considered to be a "related party transaction" under Multilateral Instrument 61-101. The Amendment and related transactions were exempt from the valuation requirements of MI 61-101 because Kutcho is listed on the TSXV and the minority shareholder approval requirements because: the Company is in serious financial difficulty; and the Amendment is designed to improve the financial position of the Company. The directors of Kutcho have unanimously determined that and apply and the terms of the transaction were reasonable in the circumstances of Kutcho.
M

Hot Stocks

08:40 EST Macy's sees 2022 as transitional year
AKBA

Hot Stocks

08:39 EST Akebia ammends license agreement with Vifor Pharma - Akebia and Vifor Pharma have amended and restated the terms of their license agreement, pursuant to which Akebia granted Vifor Pharma an exclusive license to sell vadadustat, Akebia's investigational oral therapeutic for the treatment of anemia due to chronic kidney disease, to Fresenius Medical Care North America and its affiliates, subject to vadadustat's approval by the FDA. Vadadustat's Prescription Drug User Fee Act date is March 29. Previous agreements between the companies granted Vifor Pharma an exclusive license to sell vadadustat, if approved by the FDA, to Fresenius Kidney Care Group. The new agreement further expands this license to also include additional independent dialysis organizations. In consideration for the extension of Vifor Pharma's customer group, Vifor Pharma agreed to an additional equity purchase of $20M. Vifor Pharma will contribute $40M for use as working capital to partially fund Akebia's costs of manufacturing vadadustat to support commercialization in the U.S. following FDA approval. Vifor Pharma will accelerate payment of the previously agreed upon $25M milestone to Akebia. Akebia will share the profit with Otsuka pursuant to the License and Collaboration Agreement between Akebia and Otsuka in the U.S. Akebia has retained all rights to commercialize vadadustat, in collaboration with Otsuka, in the non-dialysis dependent market and to the remaining dialysis organizations representing approximately 40% of the U.S. dialysis market, following FDA approval.
M

Hot Stocks

08:39 EST Macy's targeting digital penetration in low to mid 40s% by 2024 - Targeting $10B in digital sales by 2023. Targeting a gross margin rate in the high-30s. Targeting credit card revenues as a percent of net sales slightly lower than historical average of 3% in the near-term before improving to about 3% of net sales by 2024. Expects capital expenditures of approximately $3B over the three years. Targeting to generate between $3.2B-$3.6B of free cash flow over the next three years.
VEV

Hot Stocks

08:39 EST Vicinity Motor signs sales, marketing agreement with Paradigm Automotive - Vicinity Motor announced that it has signed a sales and marketing agreement with Paradigm Automotive, an automotive sales, leasing and upfitting company in Ontario, Canada, including an initial C$12M order for 100 VMC 1200 Class 3 electric trucks. Paradigm has also been appointed to act as Vicinity's exclusive dealer in the Hamilton and Niagara regions of Ontario. The VMC 1200 deliveries are expected to begin in Q2.
VCYT

Hot Stocks

08:39 EST Veracyte appoints Jonathan Wygant as chief accounting officer - Veracyte announced that it has appointed Jonathan Wygant as chief accounting officer, effective immediately. Mr. Wygant will oversee all aspects of the company's global accounting operations, financial reporting and tax functions. He will report to Rebecca Chambers, Veracyte's chief financial officer.
PRCH

Hot Stocks

08:38 EST Homeowners of America introduces services in Missouri - Homeowners of America announced the launch of service in Missouri as part of its ongoing nationwide expansion plan, marking the third expansion of services this year, following New Mexico and Montana.
M

Hot Stocks

08:38 EST Macy's considered third-party investment, special equity offering, CEO says - CEO Jeff Gennette says that ultimately, the "execution risk" of a spinoff would be too high.
EXPD

Hot Stocks

08:37 EST Expeditors says cyberattack may have material adverse impact on business - In a separate announcement on February 20 , Expeditors determined that our company was the subject of a targeted cyberattack. Upon discovering the incident, we shut down most of our operating systems globally to manage the safety of our overall global systems environment. The situation is evolving, and we are working with global cybersecurity experts to manage the situation. Further communications will be shared as we manage through this significant event. Depending on the length of the shutdown of our operations, the impact of this cyberattack could have a material adverse impact on our business, revenues, results of operations and reputation.
ENLV GMDA

Hot Stocks

08:37 EST Enlivex Therapeutics appoints Einat Galamidi as VP, medical - Enlivex Therapeutics announced that Einat Galamidi, M.D. has joined its executive management team as Vice President, Medical. Dr. Galamidi joins Enlivex after 10 years at Gamida Cell, where she most recently served as Vice President of Clinical Development.
BDTX

Hot Stocks

08:36 EST Black Diamond Therapeutics appoints Elizabeth Montgomery as cPO - Black Diamond Therapeutics announced the appointment of Elizabeth Montgomery as its first Chief People Officer. Ms. Montgomery brings almost 20 years of global human resources leadership experience in the life sciences industry. In the newly created role, Ms. Montgomery will be a key member of the executive leadership team and have responsibility for the development and execution of Black Diamond's people and talent strategy. Most recently, she was Chief People Officer at ClearView Healthcare Partners, a global strategic consulting firm focused in the life sciences.
M

Hot Stocks

08:36 EST Macy's: Macro environment will continue to offer some challenges
NVEE

Hot Stocks

08:35 EST NV5 Global awarded $7M in transportation infrastructure projects - NV5 Global announced that it has been awarded approximately $7 million in contracts to support critical transportation infrastructure improvements in California, New York, and South Carolina. Services provided under these contracts will support new infrastructure investments and rehabilitation of existing transportation assets. In California, Caltrans selected NV5 for a two-year, $2.2 million contract to perform civil program management services on the Olancha Cartago Four Lane Project, which will convert 12.6 miles of two-lane conventional highway into a four-lane expressway. The New York State Thruway Authority selected NV5 for a two-year, $3 million Construction Inspection Services contract to include projects involving roadways, bridges, facilities, and Intelligent Transportation System repair and installation. The South Carolina Department of Transportation also awarded NV5 a three-year contract to perform survey services to support the feasibility, design, permitting, and construction of transportation infrastructure projects throughout the State. NV5 anticipates $1.5 million in revenues over the duration of the contract.
BLDP

Hot Stocks

08:35 EST Ballard Power signs MOU with Adani for hydrogen fuel cells in India - Ballard Power Systems announced it has signed a non-binding Memorandum of Understanding with the Adani Group to evaluate a joint investment case for the commercialization of fuel cells in various mobility and industrial applications in India. Under the MOU, both parties will examine various options to cooperate, including potential collaboration for fuel cell manufacturing in India.
M

Hot Stocks

08:34 EST Macy's sees long-term sales CAGR in the low single digits - Sees low double digit EBITDA margin annually, 11.5%-12.0% by 2024.
RLGT

Hot Stocks

08:34 EST Radiant Logistics announces renewal of share repurchase program - Radiant Logistics announced that its board of directors has authorized the repurchase of up to 5M shares of the company's common stock through December 31, 2023. As of February 1, 2022, the company had 49,443,305 shares outstanding.
DATS

Hot Stocks

08:33 EST DatChat names Gianfranco Lopane as head of business development - DatChat announced the appointment of Gianfranco Lopane as Head of Business Development. Lopane will oversee the team responsible for revenue growth enablement within DatChat's Social Network+, Metaverse, NFT and blockchain initiatives. Prior to joining DatChat, Lopane was a Director at Generiqo, responsible for developing blockchain consulting strategies and creating targeted marketing campaigns for NFT audiences.
SHYF

Hot Stocks

08:33 EST Shyft Group board authorizes $250M share repurchase program - The Shyft Group announced that its Board of Directors authorized the repurchase of up to $250 million of its common stock.
ONCR

Hot Stocks

08:32 EST Oncorus promotes John Goldberg to CMO - Oncorus announced the promotion of John Goldberg, M.D. to Chief Medical Officer. Dr. Goldberg joined Oncorus in October 2018 as Senior Vice President of Clinical Development with responsibilities including oversight of all clinical studies, drug development and regulatory strategies.
MGNI

Hot Stocks

08:31 EST Magnite launches Live Stream Acceleration - Magnite announced the launch of Live Stream Acceleration, a technology designed to help CTV publishers optimize their live inventory programmatically. LSA helps publishers more effectively monetize their supply, ensuring that ads are served in a timely manner without burdening their technical infrastructure. By leveraging LSA for live sports over a five week period, Sling TV saw a 47% lift in ad conversions compared to the previous five weeks. Efficiencies via LSA implementation allowed for ad delivery which otherwise would have been lost - which is equivalent to 51 seconds of advertising air time on a standard 1 hour live event. This helps make it easier than ever for advertisers to access premium and scalable inventory on Sling to reach the audiences they want, without technical limitations.
SUPN

Hot Stocks

08:30 EST Supernus receives notice assigning October 2022 PDUFA for SPN-830 NDA - Supernus Pharmaceuticals announced that it received notice from the U.S. Food and Drug Administration that the company's New Drug Application resubmission for its apomorphine infusion device for the continuous treatment of motor fluctuations in Parkinson's disease is considered a Standard Review thereby assigning a timeline of 10 months for review by the FDA and establishing a Prescription Drug User Fee Act target action date in early October 2022. Supernus will work closely with the FDA as it reviews the SPN-830 NDA. The Company is preparing for the commercial launch of SPN-830 in the first quarter of 2023 assuming timely approval by the FDA.
PBLA

Hot Stocks

08:30 EST Panbela Therapeutics Inc trading resumes
DUOL

Hot Stocks

08:29 EST Duolingo launches Haitian Creole course - Duolingo launched its new Haitian Creole course for English speakers. The course provides language learners the opportunity to learn the revolutionary language of the first Black independent nation spoken by more than 12 million people, while discovering the culture of the Haitian people.To promote the new course, Duolingo is partnering with several Haitian-run restaurants around the US - including Grandchamps in Brooklyn and Manjay Restaurant in Miami - to give away a free month of Duolingo Plus, the app's premium subscription service, to customers who patronize a participating restaurant, giving them the opportunity to practice their Haitian Creole with fun phrases like 'Sa k pase?'.
SBEV WMT

Hot Stocks

08:28 EST Splash Beverage Group receives Walmart authorization for TapouT in Arkansas - Splash Beverage Group announced that through its existing distribution agreement with Central Distribution in Arkansas, TapouT, its high-performance energy drink will now be distributed through Walmart in Arkansas. Central Distribution, an Arkansas family-owned wholesale beverage distributor since 1935, will launch all three flavors of TapouT in 125 Walmart stores throughout Arkansas. The agreement will begin with the initial launch in Bentonville, home to Walmart's Corporate Headquarters. Tapout will be featured in all Walmart banners in Arkansas including SuperCenters and Walmart Neighborhood Marts.
KAMN

Hot Stocks

08:28 EST Kaman announces delivery milestone for MCW Console to BAE Systems - Kineco Kaman Composites India Private Limited , a Joint Venture between Goa-based Kineco Limited and Kaman Aerospace Group, a subsidiary of Kaman Corporation (KAMN ) in the United States, marked an important stage in its history with the delivery of its 600th Mission Crew Workstation MCW Console to BAE Systems (BAESY ) USA . These MCW Consoles are used in the Boeing P-8 Poseidon maritime patrol aircraft. Kineco Kaman also received a Gold Supplier award for maintaining a 100% on-time delivery rating & 100% quality performance in 2018 & 2020 with BAE Systems.
MDT

Hot Stocks

08:27 EST Medtronic says markets, customers on path to recovery - Says looking at portfolio with "more critical eye." Says winning share in high and low power devices. Says converting earnings into strong free cash flow is a priority. Targeting full year conversion of 80% or greater. Says increasing R&D investments "broadly across company." Says will continue "opportunistic" share repurchases. Says "several exciting growth catalysts" in the pipeline. Comments taken from Q3 earnings conference call.
TAST

Hot Stocks

08:27 EST Carrols Restaurant appoints Paulo Pena as CEO - Carrols Restaurant Group announced that its Board of Directors has named Paulo Pena as the Company's new Chief Executive Officer and President, effective April 1, 2022. Mr. Pena succeeds Daniel Accordino, 71, who, as previously announced, will retire at that time from his role as Chairman, Chief Executive Officer and President after a 50-year career with the Company. Mr. Accordino will remain available to assist Mr. Pena in an advisory capacity to ensure a successful transition of leadership. David Harris, a member of the Carrols Board since 2012 and its Lead Independent Director, will assume the role of Non-Executive Chairman effective April 1, 2022. Pena currently serves as Chief Operating Officer of Selina, one of the world's fastest growing hospitality brands, where he was responsible for overall hotel operations for the company's portfolio of over 95 properties.
HOUR

Hot Stocks

08:26 EST Hour Loop expands operations with Taiwan offices - Hour Loop announced it has expanded its operations with the opening of three new offices in Taipei, Taichung, and Tainan. These new offices are part of Hour Loop's expansion plans to broaden its operational capabilities across geographies. Hour Loop recently announced the closing of its $6.9 million initial public offering that occurred on January 6, 2022. The Company is using the proceeds from its listing to repay outstanding debt, purchase inventory, and expand its labor force.
M

Hot Stocks

08:26 EST Macy's has 'stronger future' as fully integrated business
IMMX

Hot Stocks

08:25 EST Immix Biopharma initiates GMP manufacturing of IMX-120 - Immix Biopharma announced that it has initiated Good Manufacturing Practice manufacturing of IMX-120, a biologic for inflammatory bowel disease. ImmixBio anticipates filing an IND for IMX-120 in 2023, representing a significant milestone on ImmixBio's path to clinical trials for IMX-120 in inflammatory bowel disease. The IBD market is expected to reach $21.4 billion by 2024 from the existing $18.4 billion in 2019. IMX-120 is a Tissue-Specific Biologic built on ImmixBio's Immune Normalization Technology for IBD with proprietary GLUT1 antibody and other proprietary targeting coupled with polyphenol poly-kinase inhibitors. IMX-120 takes advantage of the fact that overexpression and activation of GLUT1 on overactive immune cells has been shown to be widely present in patients with inflammatory bowel diseases, including ulcerative colitis and Crohn's disease. IMX-120 is the latest drug candidate to initiate GMP manufacturing produced by ImmixBio's SMARxT Tissue-Specific Platform.
BNGO

Hot Stocks

08:24 EST Bionano announces publication of prospective study data from OGM - Bionano Genomics announced the publication of a peer-reviewed, prospective study comparing OGM to traditional methods and demonstrating improved sensitivity and lower cost of OGM in the analysis of acute myeloid leukemia and myelodysplastic syndrome compared to karyotyping and fluorescence in situ hybridization. This research provides scientific and practical support for the use of OGM workflows as a potential alternative to karyotype and FISH testing for certain hematologic malignancies, while also identifying novel structural variants that can impact disease stratification or serve as therapeutic targets. In the study, published in the International Journal of Cancer, 27 samples from subjects with AML or MDS underwent routine cytogenetic diagnostics, as well as OGM. The authors describe how OGM detected 31% more European Leukemia Net and recurrent myeloid abnormalities compared to karyotyping and FISH. OGM also found abnormalities in 35% more cases than karyotyping and FISH, and in 67% of samples, the karyotype could be redefined by OGM. OGM refinement of the karyotype results resulted in putative changes the ELN risk classifications. These classifications are typically used as part of the process of determining treatment plans. The authors also found the cost-efficiency of using a single OGM analysis, with OGM cost comparable to two FISH probes.
AUVI

Hot Stocks

08:24 EST Applied UV in pact through Scandinavian associate for Airocide distribution - Applied UV announces that it's Scandinavian distributor Airocide Nordic Oy has entered into a three-year agreement with Plandent Division for distribution of its patented Airocide commercial air purification systems to the professional dental community launching initially in Finland, expanding distribution to include all of the countries in Scandinavia and plans to broaden expansion throughout all of Europe.
INFN

Hot Stocks

08:23 EST Infinera announces introduction of ICE6 Turbo - Infinera announced the introduction of ICE6 Turbo, the industry's first coherent optical solution that can operate above 100 Gbaud. Produced in Infinera's in-house, U.S.-based fabrication center, ICE6 Turbo is a performance-optimized configuration of Infinera's industry-leading 1.6T ICE6 coherent optical engine. With the introduction of the Turbo mode, ICE6 increases its lead over competitive solutions by providing up to a 30 percent performance boost in high-speed applications. The result is the industry's first solution that enables network operators to support 4 x 400 GbE services using a single optical engine across long-haul distances and 3 x 400 GbE services across ultra-long-haul distances, driving down the cost per bit of delivering high-speed optical services.
PBLA

Hot Stocks

08:22 EST Panbela Therapeutics to acquire Cancer Prevention Pharmaceuticals - Panbela Therapeutics announced it has entered into a definitive agreement to acquire Cancer Prevention Pharmaceuticals, a private clinical stage company developing therapeutics to reduce the risk and recurrence of cancer and rare diseases, for a combination of stock and future milestone payments. The combined entity will have an expanded pipeline addressing an estimated aggregate $5 billion market opportunity for the areas of initial focus: familial adenomatous polyposis, first-line metastatic pancreatic cancer, neoadjuvant pancreatic cancer, colorectal cancer prevention and ovarian cancer. The combined development programs boast a steady cadence of catalysts with programs ranging from pre-clinical to registration studies, including CPP's lead asset with a fully funded registration trial scheduled to begin this year. In addition, the transaction facilitates operational and commercial synergies, under the leadership of a highly experienced management team with a proven history of drug discovery, development, and commercialization expertise. "This transaction is an important step towards our goal of creating a diversified pipeline with an ability to hit multiple targets and thereby expanding the potential of the combined company," said Jennifer K. Simpson, PhD, MSN, CRNP, President & Chief Executive Officer of Panbela. "The combined platforms will be better positioned to treat more patients. This transaction is a tremendous strategic fit and we feel creates robust stockholder value." CPP is developing therapeutics designed to reduce the risk of cancer and other diseases. In addition to the fully funded FAP registration trial scheduled to begin by year-end, a phase 3 trial in colon cancer survivors is currently underway and is sponsored by the Southwest Oncology Group. Additionally, clinical trials in neuroblastoma, gastric cancer, and early-onset type-1 diabetes are underway in collaboration with various nonprofit groups.Under the terms of the agreement and plan of merger, the holders of CPP's outstanding capital stock immediately prior to the merger will receive shares of common stock of Panbela upon closing of the mergers. On a pro forma and fully diluted basis, holders of Panbela common stock are expected to own approximately 59% of the post-merger holding company and holders of CPP securities, including converted indebtedness, are expected to beneficially own approximately 41% of post-merger holding company. CPP stockholders will be eligible to receive contingent payments totaling a maximum of $60 million from milestone and royalty payments associated with the potential approval and commercialization of the lead asset. The proposed mergers have been unanimously approved by the boards of directors of each company and the stockholders of CPP. A closing is expected to occur by the second quarter of 2022, subject to approval of the issuance of securities in the transactions by Panbela's stockholders, and satisfaction of other customary closing conditions. The combined company will be led by Jennifer Simpson, Chief Executive Officer of Panbela and will remain headquartered in Waconia, Minnesota. The board of the combined company is expected to optimize the value of this transaction and beyond and will include at least two members initially designated by CPP, CPP Chief Executive Officer, Jeff Jacob, and CPP Director, Dan Donovan.
WTT

Hot Stocks

08:20 EST CommAgility, GENEViSiO partner to deliver 5G O-RAN DU products - Wireless Telecom Group announced that its CommAgility brand is partnering with GENEViSiO, an advanced open network pioneer in telecom infrastructure, to deliver 5G Open RAN Distributed Unit products to system integrators, operators and value-added resellers. The Open RAN sector is growing rapidly, with more than 300 members of the O-RAN ALLIANCE. CommAgility and GENEViSiO have created a cost-effective, high-performance solution for mobile operators seeking the flexibility and cost efficiency of Open RAN networks. The solution uses CommAgility's 5G New Radio software for NXP Layerscape and Layerscape Access devices, running on GENEViSiO's PAC-010 DU Inline Accelerator card. By using the industry-standard PCIe form factor, the PAC-010 offers 'plug and play' capabilities, saving time in development and deployment.
CLVR

Hot Stocks

08:19 EST Clever Leaves expands partnership with Cansativa - Clever Leaves Holdings announced the expansion of its partnership with German cannabis distributor and wholesaler Cansativa. At the same time, Cansativa announced a Series B fundraise, enhancing Cansativa's ability to grow, capitalize on the existing medical cannabis market and prepare for entry to the potential German recreational market. Casa Verde Capital has agreed to lead an investment round into Cansativa of up to $15 million, followed by other additional investors. This financing round will assist Cansativa in capitalizing on its strong position in the German cannabis market, as well as preparing for the potential German recreational market. In connection with Cansativa's Series B capital raise, Clever Leaves' indirect, wholly owned subsidiary, Clever Leaves Portugal Unipessoal and Cansativa entered a three-year commercial supply agreement. Subject to its terms and conditions, the supply agreement provides that Cansativa will purchase a minimum of EUR2 million of high-THC cannabis flower from Clever Leaves Portugal' Portuguese facilities. Throughout 2022, Clever Leaves will continue to develop its relationship with Cansativa and the German cannabis market by providing safe, reliable, pharmaceutical-grade products through Cansativa's distribution network, which includes thousands of authorized German pharmacies. The supply agreement is expected to be initiated around the end of 2022, contingent upon Clever Leaves Portugal receiving EU GMP certification as well as the closing of Cansativa's fundraise and other conditions. In connection with Cansativa's Series B capital raise, Clever Leaves' indirect, wholly owned subsidiary will sell a portion of its Cansativa holdings, which is expected to generate approximately EUR2.3 million of pre-tax proceeds and reduce Clever Leaves' expected ownership to approximately 9%.
MRNA

Hot Stocks

08:19 EST Moderna starts Phase 3 for mRNA RSV vaccine candidate after data - Moderna announced that the Data and Safety Monitoring Board DSMB for the RSV program has endorsed the start of the Phase 3 portion of the pivotal clinical study of mRNA-1345, the Company's Respiratory Syncytial Virus RSV vaccine candidate, in adults 60 years and older. The DSMB's endorsement comes after independent review of preliminary Phase 2 data, which suggest that the vaccine has an acceptable safety profile in older adults at the selected dose. This study is known as ConquerRSV. "RSV is one of the most widespread respiratory viruses, causing severe disease and hospitalization in older adults, and yet there is no vaccine available on the market," said Stephane Bancel, Chief Executive Officer of Moderna. "We believe that our vaccine candidate against RSV has the potential to protect against over 1 million infections globally each year[1], improving quality of life for those at high-risk of becoming infected and reducing the burden on health care systems. An mRNA vaccine against RSV could have a positive impact on individuals, communities, and global public health. Our ultimate goal is to combine our RSV vaccine with our COVID-19 and flu boosters into a single dose booster." RSV is a common respiratory virus that generally causes cold-like symptoms. While most people who contract RSV recover in approximately one to two weeks, the virus can be serious for young children and older adults. For these higher-risk groups, RSV is a leading cause of severe respiratory illness, including pneumonia and respiratory distress.
NCLH

Hot Stocks

08:18 EST Norwegian Cruise Line announces closing of $2B of notes - NCL Corporation announced that it has closed its previously announced private offerings of $1,000.0 million aggregate principal amount of its 5.875% senior secured notes due 2027, $600.0 million aggregate principal amount of its 7.750% senior unsecured notes due 2029 and $435.0 million aggregate principal amount of its 2.50% exchangeable senior notes due 2027. The offering of the Notes closed on February 18, 2022 and the offering of the Exchangeable Notes closed on February 15, 2022. NCLC used the net proceeds from the offerings of the Notes and the Exchangeable Notes to redeem all of the outstanding 12.25% Senior Secured Notes due 2024 and 10.250% Senior Secured Notes due 2026 and intends to use the remainder of such proceeds to make principal payments on debt maturing in the short-term, including, in each case, to pay any accrued and unpaid interest thereon, as well as related premiums, fees and expenses. The Secured Notes and the related guarantees will be secured by first-priority interests in, among other things and subject to certain agreed security principles, three of our vessels. The Secured Notes are guaranteed by our subsidiaries that own the vessels that will secure the Secured Notes. NCLC has granted the initial purchasers of the Exchangeable Notes an option to purchase, during a 13-day period beginning on, and including, the first day on which the Exchangeable Notes are issued, up to an additional $65.0 million aggregate principal amount of Exchangeable Notes. The Exchangeable Notes are general senior unsecured obligations of NCLC and guaranteed by NCLH. Holders may exchange all or a portion of the Exchangeable Notes at the holder's option at any time prior to the close of business on the business day immediately preceding August 15, 2026, subject to the satisfaction of certain conditions and during certain periods, and on or after August 15, 2026 until the close of business on the business day immediately preceding the maturity date, regardless of whether such conditions have been met. Upon exchange of the Exchangeable Notes, NCLC will satisfy its exchange obligation by paying and/or delivering, as the case may be, cash, ordinary shares of NCLH or a combination of cash and ordinary shares, at NCLC's election. NCLC will pay any cash required to be paid upon exchange of the Exchangeable Notes. If NCLC elects to satisfy its exchange obligation solely in ordinary shares or in a combination of ordinary shares and cash, the Exchangeable Notes will convert into Series A Preference Shares of NCLC, which shall immediately and automatically be exchanged for a number of ordinary shares. The initial exchange rate per $1,000 principal amount of Exchangeable Notes is 28.9765 ordinary shares, which is equivalent to an initial exchange price of approximately $34.51 per ordinary share, subject to adjustment in certain circumstances. The initial exchange price represents a premium of approximately 52.50% above the last reported sale price of the ordinary shares on the New York Stock Exchange on February 10, 2022.
M

Hot Stocks

08:18 EST Macy's: Holiday sales stronger than expected, weaker Jan. sales due to omicron - Macy's says the softness in January was industrywide and appears to be temporary in nature.
CGRN

Hot Stocks

08:17 EST Capstone Green Energy awarded follow-on C1000S order - Capstone Green Energy announced that its southern U.S. Distributor, Lone Star Power Solutions has contracted with a remote data center in Louisiana to provide a five-year rental of a Capstone C1000S microturbine system. This system is the second C1000S to be commissioned at this remote data center, with the first system having been commissioned back in October 2021.
ALLWF

Hot Stocks

08:16 EST Federated Wirelss raises $58M in Series D funding - Federated Wireless announced that it has secured $58 million in Series D funding. An affiliate of Cerberus Capital Management led the round, with existing investors Allied Minds and GIC, Singapore's sovereign wealth fund, also participating. The funding will help scale Federated Wireless' platform and support further investments in its capabilities and partnerships. Founded in 2012, Federated Wireless is focused on accelerating enterprise adoption of private wireless networking and delivering new capabilities for network edge innovation. With this latest round of funding, its goal is to simplify and automate how wireless networks are purchased, deployed, provisioned, and managed, making it easier for organizations to customize their network to business requirements, and speed time to market with advancements in IoT, VR/AR, and other digital technologies.
BAND

Hot Stocks

08:16 EST Bandwidth appoints Anthony Bartolo as COO - Bandwidth announced that Anthony Bartolo will be joining the company in the newly created position of Chief Operating Officer, effective Feb. 28. Bartolo has 30 years in companies such as Avaya, Tata Communications and Nortel. Most recently, Bartolo was Executive VP and Chief Product Officer at Avaya. Earlier experience includes President and CEO of Skyrider, a social and peer-to-peer networking start-up, and Vice President and General Manager of the Wireless and RFID Divisions at Symbol Technologies acquired by Motorola.
ABBV

Hot Stocks

08:16 EST AbbVie submits sNDA to FDA for cariprazine for treatment of MDD - AbbVie announced that it has submitted a supplemental New Drug Application for cariprazine to the U.S. FDA for the adjunctive treatment of major depressive disorder in patients who are receiving ongoing antidepressant therapy. The submission is supported by results from previously announced clinical trials.
XOM

Hot Stocks

08:16 EST Exxon Mobil and Papua New Guinea sign P'nyang gas agreement - ExxonMobil subsidiary Esso PNG P'nyang Limited, Ampolex Limited, and the Independent State of Papua New Guinea have signed the P'nyang project gas agreement for the proposed development of the P'nyang LNG project. Subject to a final investment decision by the P'nyang project co-venturers, the ExxonMobil-operated P'nyang project would deliver LNG by constructing new upstream facilities in Western Province linked to existing infrastructure. The agreement provides the fiscal framework for the project and supports project scoping and evaluation. The P'nyang field is estimated to have 4.36T cubic feet of gas. "On behalf of ExxonMobil and the other co-venturers, I thank the PNG national government along with the government of Western Province for their partnership in moving the P'nyang project forward," said Liam Mallon, president, ExxonMobil Upstream Oil and Gas. "The P'nyang project gas agreement marks a significant milestone and underscores the intent of all stakeholders to set a clear framework toward the P'nyang project's future development." The P'nyang development in Western Province is proposed to commence following the Papua LNG project, which will be located in Gulf Province. The phased approach to gas development would support ongoing economic growth in Papua New Guinea. The P'nyang project will be an independent project with landowner benefits to be provided under a future benefit sharing agreement to be negotiated by the State in accordance with the Oil and Gas Act.
KNSA

Hot Stocks

08:15 EST Kiniksa expects cash to fund operating plan into 2024 - Kiniksa continues to expect that its cash and cash equivalents will fund its current operating plan into 2024.
KNSA

Hot Stocks

08:15 EST Kiniksa sees 2022 ARCALYST net revenue $115M-$130M - Kiniksa expects ARCALYST net revenue for the full-year 2022 to be between $115 million and $130 million.
M

Hot Stocks

08:15 EST Macy's sees consumer demand 'healthy' as people return to office, social events
ATNM AVEO

Hot Stocks

08:13 EST Actinium Pharmaceuticals and Aveo Oncology to co-develop radiotherapy - Actinium Pharmaceuticals (ATNM) and Aveo Oncology (AVEO) have entered into a research collaboration to develop and study a first-in-class antibody radio-conjugate targeting ErbB3, also known as HER3. Actinium will utilize its AWE technology platform and extensive radiotherapy know-how to conjugate one of AVEO's ErbB3 targeted antibodies, with the potent alpha-emitting radioisotope Actinium-225. Actinium's AWE technology platform has created a Ac-225 CD38 targeting ARC using the blockbuster myeloma antibody daratumumab, in collaboration with EpicentRx for targeted radiotherapy CD47-SIRPalpha immunotherapy combinations and in collaboration with Astellas Pharma, to create theranostics for solid tumors. Actinium employs a multidisciplinary approach leveraging its team's expertise and experience in cancer cell biology, radiochemistry, radiation sciences, immunology and oncology drug development to R&D and collaborations. AVEO's ErbB3 targeting antibodies are designed to inhibit both ligand-dependent and ligand-independent ErbB3 signaling. ErbB3 is a receptor that is typically expressed in many human cancers and has demonstrated preclinical activity in multiple tumor models.
SMFR

Hot Stocks

08:13 EST Sema4 Holdings, BioSymetrics partner on data-driven drug discovery - Sema4 and BioSymetrics announced a strategic partnership to accelerate the advancement of new medicines for patients and pharmaceutical companies. The partnership will leverage Centrellis, Sema4's proprietary health intelligence platform, and Elion, BioSymetrics' phenotypic drug discovery platform, to discover new treatments initially in cardiovascular, rare and neurological diseases. Together, the companies will launch up to 10 new therapeutic programs in areas of high unmet need where multi-omics offers a differentiated approach to discovering drugs. Together, Sema4 and BioSymetrics will provide a novel and differentiated approach to drug discovery to yield more effective drug candidates. The two companies expect to improve the translational success of new medicines by combining the power of Centrellis, one of the largest and fastest growing integrated health information platforms that includes approximately 12 million de-identified clinical records, with BioSymetrics' AI-driven approach to leveraging clinical data for use across a phenotype-driven, therapeutic discovery process. Co-founded by Anthony Iacovone, a serial entrepreneur with a track record of leading AI and machine learning companies, and Gabriel Musso, PhD, a science leader in the application of AI to biomedicine, BioSymetrics has established itself in the life sciences sector under the leadership of a team of experienced biopharma and technology executives, and through its partnerships with top health systems and pharmaceutical companies. Sema4 and BioSymetrics will combine patient genomics data, innovative AI solutions, and phenomics to better translate data into discoveries. They will begin their partnership by exploring the discovery of a potential therapeutic for atherosclerosis, a slow, progressive disease marked by a hardening or narrowing of the arteries that can lead to heart attack or stroke. Following that, they will initiate another three therapeutic programs focused on rare diseases before finalizing the remaining programs.
HUM

Hot Stocks

08:12 EST Humana to add two new independent directors in Starboard cooperation agreement - Humana announced a board refreshment plan under which the company will add two new independent directors to its board of directors as part of a cooperation agreement with Starboard. As part of the refreshment plan, the Humana board will appoint two new independent directors mutually agreed upon by the company and Starboard, the first before Humana's 2022 annual meeting of shareholders and the second following. In keeping with Humana's active board refreshment process, one incumbent director will not stand for re-election at the 2022 annual meeting and a second incumbent director will not stand for re-election at the 2023 annual meeting.
BKR

Hot Stocks

08:12 EST Baker Hughes teams with NET Power to aid in development of zero-emissions plants - Baker Hughes has joined a strategic partnership with and invested in NET Power to advance the technical and commercial deployment of NET Power's low-cost, electric power system that generates no atmospheric emissions and inherently captures all carbon dioxide. The partnership, which brings together industry expertise to enable the global deployment of NET Power's technology solution, already includes McDermott; Constellation; Oxy Low Carbon Ventures, a subsidiary of Occidental; and 8 Rivers Capital. Baker Hughes will apply its advanced technology capability to develop supercritical CO2 turboexpanders and other critical pumping and compression technology for NET Power plants. In addition, Baker Hughes will bring its system integration and process knowledge experience to the partnership in support of accelerating market deployment. NET Power is working with clients worldwide to develop utility-scale NET Power plants, with initial projects aiming to come online in the next four years. Global goals for net-zero carbon emissions and the growing need for low-cost CO2 that can be either sequestered, or utilized in industrial processes is creating the right market conditions for the adoption of clean and reliable energy generation. NET Power's technology uses natural gas and oxygen to fuel a supercritical CO2 cycle that generates electricity, while also capturing CO2. The clean power plants enabled through this technology will operate with high efficiency and produce only electricity, water, and pipeline-ready or sequestration-ready CO2 that will be permanently locked away from the atmosphere.
MORF

Hot Stocks

08:12 EST Morphic presents MORF-057 data at ECCO 2022 - Morphic Therapeutic announced the Digital Oral Presentation of new data at the 17th Congress of European Crohn's and Colitis Organisation supporting the ongoing MORF-057 development program in inflammatory bowel disease. The data presented at ECCO characterized alpha4beta7 expression of immune cells at single-cell resolution in blood and assessed the dose-dependent effect of MORF-057 administration in nonhuman primates. These studies recapitulated results from human clinical data including a clear dose-response accompanied with changes in circulating gut-homing T-memory cells and CCR9 transcripts corresponding with complete alpha4beta7 receptor occupancy.
APO

Hot Stocks

08:11 EST Apollo Global launches 'Apollo Opportunity Foundation' - Apollo announced the launch of the Apollo Opportunity Foundation. Apollo has committed more than $100 million for the Foundation to invest over the next decade in organizations championed by employees that seek to eliminate barriers for underrepresented individuals. The Foundation builds on Apollo's ongoing efforts to expand opportunity across the Firm's ecosystem including its workplace, the marketplace and the communities where it operates. The Foundation will partner with non-profit organizations working to advance economic prosperity across three key pillars: Educational Access: Provide early exposure and preparation for careers in finance and high growth industries through educational programs, mentorship, and financial literacy; Workforce Development: Expand career pathways through professional development, upskilling/reskilling, and coaching; Economic Empowerment: Offer leadership development and network-building for emerging leaders, and access to capital for entrepreneurs
BALY

Hot Stocks

08:11 EST Bally's special committee retains advisors for Standard General proposal - Bally's The special committee of independent and disinterested directors, formed to evaluate the preliminary, non-binding acquisition proposal from Standard General, has retained Macquarie Capital as its financial advisor and Potter Anderson & Corroon as its legal counsel in connection with its evaluation of the Proposal, as well as any potential strategic alternatives to the Proposal. No decisions have been made with respect to the Proposal. There can be no assurance that any definitive offer will be made or accepted, that any agreement will be executed or that any transaction will be consummated.
M

Hot Stocks

08:10 EST Macy's has delayed most of remaining closures earmarked in 2019, says CEO
POETF

Hot Stocks

08:10 EST Poet advances toward Nasdaq listing with 10-for-1 share consolidation - POET Technologies announced as the key next step in its Nasdaq listing process that it has determined to proceed with a ten-for-one consolidation of its common shares in order to meet Nasdaq listing requirements and the Company's own post-consolidation price target. The Company expects that trading of the Common Shares on a post-consolidation basis on the TSX Venture Exchange will commence on or about Monday, February 28, 2022. The Company's name and trading symbol on the TSXV will remain unchanged. The Consolidation was previously approved by the Board on the recommendation of its Subcommittee, as well as by shareholders at the recent annual general and special meeting of shareholders of the Company. The Board believes the Consolidation will result in a number of potential benefits to POET, including meeting the minimum bid price requirement for the Nasdaq listing and achieving a post-Consolidation share price target that will support attracting a broader institutional investor base for the Company. The Company has been notified that an approval letter from the Nasdaq will be issued following a minimum 5 days of trading of its post-consolidated shares on the TSXV. The Company's common shares are expected to begin trading on the Nasdaq approximately 7 - 10 days following consolidation, but the timing cannot be assured. Once final, the Company's shares will trade on the Nasdaq Capital Market under the symbol "POET".
HLGN

Hot Stocks

08:09 EST Heliogen announces new California manufacturing facility - Heliogen announced it has begun site preparation and setup at its first full-scale manufacturing facility, located in Long Beach, California. Production lines are expected to become operational in Q3. The facility will include assembly lines, an expansive test facility, and rapid development center for the production of heliostats and other components in Heliogen's concentrated solar energy system. Heliogen leverages AI-enabled heliostats to efficiently generate higher temperatures than possible with traditional concentrated solar technology. The generation of higher temperatures - capable of achieving in excess of 1,000 degrees Celsius - allows the company's solar technology to efficiently store heat, reduce or eliminate intermittency of renewably generated energy, and cost-effectively replace fossil fuels with sunlight for a range of industrial processes. Heliostats from the Long Beach production facility are expected to be utilized in Heliogen's anticipated first commercial project in California.
M

Hot Stocks

08:09 EST Macy's 'stronger, more agile' than before pandemic, says CEO Gennette - Comments taken from Q4 earnings conference call.
OPRX

Hot Stocks

08:09 EST OptimizeRx announces launch of therapy initiation program for biologic brand - OptimizeRx announced the launch of a large-scale therapy initiation program for a new anti-inflammatory biologic brand from a top 10 pharmaceutical company. The program is a key part of the manufacturer's strategy to address patient therapy initiation challenges for its specialty drug launch, and it is OptimizeRx's most expansive enterprise program to date. The deployment of OptimizeRx's digital market access solution accelerates patient access to a new specialty drug which can reduce inflammation for a chronic condition and significantly improve the quality of life for this previously underserved patient population. The program streamlines therapy initiation for patients by ensuring that physicians have immediate electronic access to the appropriate enrollment forms needed to prescribe the medication. This includes automating the prescription fulfillment process through electronic benefit verification, electronic prior authorization, and transfer of the completed forms and ready-to-fill script to the correct pharmacy - which is crucial given that this new specialty drug can only be filled at a limited network of specialty pharmacies.
CVS

Hot Stocks

08:08 EST CVS Pharmacy launches six new innovative home health care products - CVS Pharmacy, the retail division of CVS Health, announced the launch of six new innovative home health care products as an extension of the company's exclusive CVS Health product line. Rooted in customer insights and specifically designed to meet the needs of the aging, caregivers and those living with disabilities, these bathroom safety and mobility products merge function and design. The products were developed in collaboration with Michael Graves Design, pioneers of the Design for All movement, which leverages the power of design to improve people's everyday lives. The new CVS Health by Michael Graves Design assortment features a variety of products ranging from comfort grip canes and easy-fold travel walkers to convertible shower chairs and 3-in-1 comfort commodes. Most products are now available on CVS.com and hitting shelves through March at more than 6,000 CVS Pharmacy retail locations nationwide.
PTE

Hot Stocks

08:08 EST PolarityTE's SkinTE meets primary, secondary endpoints in leg ulcer trial - PolarityTE announced results from a multi-center randomized controlled trial evaluating treatment of Venous Leg Ulcers with its investigational product SkinTE plus standard of care vs SOC alone. The trial met the primary endpoint of wound closure at 12 weeks and secondary endpoint of Percent Area Reduction at 4, 6, 8, 10, and 12 weeks. 29 participants were evaluated. Primary Endpoint: 71% - 10/14 - of participants receiving SkinTE plus SOC had wound closure at 12 weeks versus 33% - 5/15 - of participants receiving SOC alone. Secondary Endpoint Percent Area Reduction - PAR - was significantly greater for the SkinTE plus SOC treatment group vs SOC alone. Average wound size for the SkinTE plus SOC treatment group was 5.8 cm2 versus 6.3 cm2 for the SOC treatment group. PolarityTE decided in 1Q21 to suspend the trial after 29 patients were enrolled because the company believed that its resources would be better used in future clinical trials conducted under an open investigational new drug application that can be used in its eventual planned BLA submission. Since that time, PolarityTE has received FDA approval of its IND for the proposed indication of chronic cutaneous ulcers. PolarityTE plans to conduct its first pivotal study under the IND in diabetic foot ulcers and is evaluating additional wound types-including but not limited to VLUs-for its second planned pivotal study that is expected to be required for a BLA submission.
RNXT

Hot Stocks

08:08 EST RenovoRx enrolls1st pancreatic cancer patient in TIGeR-PaC trial at Columbia - RenovoRx announced enrollment of its first patient at one of its newest clinical sites, Columbia University New York-Presbyterian Hospital Irving Medical Center , in its ongoing TIGeR-PaC Phase 3 clinical trial. The study is evaluating the Company's therapy platform RenovoTAMP , as a potential treatment option for locally advanced pancreatic cancer that may extend life while improving quality of life by reducing the often debilitating side-effects associated with systemic chemotherapy delivered intra-venously. Columbia University is the most recent trial site to join the Phase 3 study which continues enrolling patients at participating clinical sites across the U.S. "Cancer of the pancreas is aggressive and difficult to detect and treat," said Principal Investigator Susan Bates, M.D., Professor of Medicine at Columbia University Irving Medical Center. Dr. Bates added, "Treatment options have been limited to systemic chemotherapy for most patients. Local perfusion allows us to deliver much higher concentrations of an effective agent to the tumor. In the TIGeR-PaC trial, the tumor is temporarily isolated and saturated with gemcitabine, a well validated chemotherapeutic agent. In comparison to systemic chemotherapy treatment, RenovoRx has shown in its Phase 1/2 clinical trials that its therapy platform delivers a higher concentration of chemotherapy directly to the tumor with reduced patient side effects. This trial will offer a proof-of-principle that could establish direct delivery of chemotherapy as a strategy for treating pancreatic cancer in various settings." Dr. Ramtin Agah, RenovoRx's Founder and Chief Medical Officer, commented, "Dr. Bates and her Columbia University team share our deep commitment to helping pancreatic cancer patients. Enrolling our first patient at this renowned institution is an important milestone for the TIGeR-PaC clinical trial. This also gives more LAPC patients in New York, New Jersey and Connecticut an opportunity to participate in this study."
ADGI

Hot Stocks

08:08 EST Adagio to name David Herin as interim CEO, succeeding Tillman Gerngross - Adagio Therapeutics on Friday announced a CEO succession plan. Current Adagio CEO Tillman Gerngross, Ph.D. has communicated to the Chairperson of the Board of Directors of Adagio that he agreed in principle to resign from his position as CEO. Upon Dr. Gerngross's departure from the Company, the Board intends to appoint David Hering, M.B.A., who has served as the company's COO, as Interim CEO of the company. Dr. Gerngross also agreed to transfer the duties of the CEO to Hering. "We have built a strong foundation for Adagio as a late-stage stage development company with the resources in place to execute the work ahead," said Hering. "We have great confidence in the deep expertise of the entire Adagio team as we move to our next phase of long-term success and growth. We look forward to providing further detail around this succession, as well as business updates, in the near term."
GENE

Hot Stocks

08:08 EST Genetic Technologies receives regulatory approvals for GeneType Multi-Test - Genetic Technologies is delighted to announce that on February 17, 2022 the Company's laboratory in Fitzroy, Melbourne has received simultaneous NATA accreditation and US Centers for Medicare and Medicaid Services CLIA-certification enabling the commercial launch of the GeneType Multi-Test in Australia and the USA, respectively. Highlights: Received simultaneous NATA accreditation & CMS certification for Multi-Test in Australia and USA respectively. Official first phase availability of Multi-Test to Health Care Professionals will occur week commencing February 21, 2022. First phase launch to cover risk assessment for six serious diseases including Breast, Colorectal, Prostate, and Ovarian Cancers, Coronary Artery Disease and Type-2 Diabetes covering more than 50% of all serious diseases, all in one test sample. Currently over 212,4001 individuals in Australia and 2.9 million individuals in the United States receive a diagnosis related to one of these six diseases annually. Multi-Test is protected by a robust family of patents.
ATNX

Hot Stocks

08:06 EST Athenex appoints Joe Annoni as CFO - Athenex announced that Mr. Joe Annoni will join Athenex as its new Chief Financial Officer and Officer of the Company, effective immediately. Prior to joining Athenex, Mr. Annoni served as Managing Director with GFW Partners, a boutique advisory firm.
DRTT

Hot Stocks

08:05 EST Dirtt Environmental announces multiple initiatives to enhance performance - DIRTT Environmental Solutions announced multiple initiatives to enhance its performance as a preeminent industrialized construction company and reduce its fixed annualized operating expenses by approximately 14%. The Company is taking the following actions organized under its three strategic pillars: Innovation: DIRTT is introducing a Product Development filter designed to enable it to better focus on its suite of custom construction solutions, which provide clients greater certainty in cost, schedule, and outcomes, while delivering higher margin sales to the Company. The Company's proprietary ICE software plays a critical role for its partners and clients to envision and design their spaces. DIRTT will make new investments in ICE to include more core products and improve its ease of use. Manufacturing Excellence: The Company has adopted a new Master Facility Plan which is designed to deliver robust North American manufacturing capabilities in the East and West, with the goal of reducing shipping time and costs. As a first step, DIRTT will expand aluminum manufacturing at its facilities in Calgary, Alberta and Savannah, Georgia while closing its aluminum facility in Phoenix, Arizona. The move is expected to result in annualized cost savings of approximately $2.4 million. The Company is also expanding the capabilities of its Rock Hill, South Carolina panel plant to add Thermofoil panel and back-painted glass production, in addition to the plant's existing production of Chromacoat panels. DIRTT expects this will reduce shipping time and cost for Thermofoil panels to customers located in the East and Midwestern regions of North America, while leveraging the fixed cost base of the Rock Hill plant. The expansion is being achieved through the transfer of existing equipment from its facilities in Calgary and Phoenix and is not expected to incur any material capital costs. This is the first of several capability enhancements that were envisioned when the Rock Hill plant was launched last year. Following these changes, and assuming fully staffed manufacturing sites operating 24/7, the Company will have capacity to support annual sales of approximately $500 million at currently planned pricing and product mixes. Commercial Execution: Key drivers of the Company's 'go-to-market' strategy are being enhanced. The Company's Strategic Accounts group was established over two years ago and its work generates large commercial opportunities with leading organizations across North America. While this work can have a long lead time given its size and scope, once a client has committed to the DIRTT solution, it can result in repeat sales as the client replicates the same design standard across its network, often at an enormous cost saving. Recognizing the considerable value DIRTT adds during the pre-construction stage, particularly within the strategic accounts group, certain of those services will now be provided for a fee. DIRTT's commitment to its partner network is being reinforced through several initiatives. The Company is establishing a Partner Advisory Council to provide a greater link to its clients and partners. The Council will offer its advice on sales and marketing effectiveness, product issues and new market needs, market conditions, competitive landscape, marketing support and other related areas of mutual interest. The Company is altering its order entry process, which it anticipates will facilitate a reduction in standby production capacity. Effective May 1, 2022, DIRTT is changing its standard payment terms to 50% due on shipment, instead of on order. By separating its deposit requirement from the order entry process, management believes the Company can encourage earlier order entry and thereby reduce standby production labor capacity by up to 20%, while continuing to provide certainty in scheduling. The Company is announcing several initiatives regarding pricing. Effective June 1, 2022, it will introduce a 5% price increase in response to continued inflationary impacts to its material costs. DIRTT is also launching new aggressive pricing strategies on its Reflect and Inspire lines of glass wall products, with a view to capturing greater market share in this category, while offering an important entry point to explore the Company's broader construction solutions. Similarly, in looking to capitalize on the growing healthcare sector, DIRTT will also be launching an aggressive pricing program for applied headwalls as a compelling standalone product that works in harmony with the base building. As DIRTT identifies new market drivers, evolving customer needs and an opportunity to be a stronger partner to the design and build ecosystem, the Company is rebranding and repositioning DIRTT for future growth. The evolution of the Company and its value will be reflected in a shift from being a market disruptor to an enabler, with an emphasis on elevating clients and the outcomes they are able to achieve with DIRTT's construction system. With changes already underway, the formal rebrand will be launched in late Q2, supported by a new go-to-market strategy, new sales tools, a comprehensive digital experience, and national and regional campaign efforts. In addition to the changes aligned with the Company's strategy, DIRTT also announced the following developments: DIRTT is finalizing details of an organization-wide restructuring of positions that will contribute to the reduction of fixed expenses. These will take effect this quarter. The entire senior executive team have elected to receive 100% of their 2021 variable compensation in shares rather than cash. The Company's directors have each elected to receive 100% of their compensation under the Company's Deferred Share Unit Plan, rather than cash. DIRTT looks forward to welcoming its Calgary team back to the office and is launching a longer-term plan to create a new DIRTT Experience Center there, similar to what it opened in Dallas, Texas last year. The Dallas DXC is home to a versatile space that serves the diverse needs of the local team while also hosting a growing number of visitors looking to learn more about the Company's construction system. The Company also operates DXCs in Chicago, Illinois and New York, New York. Taken together, these changes are expected to reduce the Company's annualized fixed costs by approximately 14% as well as increase the efficiency of its variable costs. The Company continues to look for further ways to enhance its performance and benefit from the significant changes taking place in the market.
ARMP

Hot Stocks

08:05 EST Armata Pharmaceuticals: FDA clears IND application for AP-PA02 - Armata Pharmaceuticals announced that the U.S. Food and Drug Administration has cleared Armata's Investigational New Drug application to initiate a clinical trial of its optimized lead therapeutic candidate, AP-PA02, in a second indication, non-cystic fibrosis bronchiectasis. The company plans to initiate a Phase 2 trial in 2022.
HCAT

Hot Stocks

08:03 EST Health Catalyst to acquire KPI Ninja, terms not disclosed - Health Catalyst announced that it has entered into a definitive agreement to acquire KPI Ninja, a Lincoln, Nebraska-based provider of interoperability solutions and population health analytics. Health Catalyst expects KPI Ninja's ability to seamlessly ingest, aggregate, and analyze varied data sources from inside and outside the hospital, such as FHIR, Hl7 V2, CCDs, flat files, and APIs, will bolster Health Catalyst's existing data processing capabilities and maximize functionality of Health Catalyst's Analytics Applications layer. Health Catalyst is committed to enabling KPI Ninja's focus to be on continued outstanding execution and delivery to existing clients, with its current client support teams and relationships uninterrupted in enabling this focus and execution.
KNSA

Hot Stocks

08:03 EST Kiniksa, Huadong Medicine enter strategic collaboration - Kiniksa Pharmaceuticals and Hangzhou Zhongmei Huadong Pharmaceutical, announced a strategic collaboration to develop and commercialize Kiniksa's ARCALYST and mavrilimumab in the Asia Pacific Region. Under the terms of the collaboration, Kiniksa will receive $22 million upfront and is eligible to receive up to approximately $640 million in specified development, regulatory and sales-based milestones. Kiniksa is also eligible to receive tiered royalties ranging from the low-teens to the low-twenties on annual net sales. Huadong Medicine will obtain exclusive rights and responsibility for the development and commercialization of ARCALYST and mavrilimumab in the Asia Pacific Region including Greater China, South Korea, Australia, and 18 other countries, but excluding Japan. Kiniksa will otherwise retain all existing development and commercialization rights for both assets.
OESX

Hot Stocks

08:02 EST Orion Energy makes changes to certain executive compensation plans - Orion Energy Systems announced that the Compensation Committee of its Board of Directors, after careful consideration, has determined to make certain investor-friendly changes to some of its executive compensation plans. Specifically, Orion and its Chief Executive Officer and Board Chair, Mike Altschaefl, agreed to amend Mr. Altschaefl's so-called "single-trigger" change in control severance arrangement to a so-called "double-trigger" arrangement. Also, Orion's Compensation Committee has decided to change the structure of its annual grant of restricted stock awards to its executives, which occurs shortly after Orion announces its fiscal year-end financial results. Instead of awarding restricted stock that vests solely based on continued employment over a three-year period, the awards this coming fiscal year will be allocated between those that vest based on time and those that vest based on three-year performance criteria.
BKBEF

Hot Stocks

08:00 EST Pipestone Energy reports Q4 production averaged 28,623 boe/d - 2021 production averaged 24,584 boe/d within previously announced guidance of 24,000 - 26,000 boe/d; and. Record Quarterly Operating Netback: The Company realized continued improvement in operating netback in Q4 2021 to a corporate record of $25.06/boe, an increase of 14% over Q3 2021, and a 148% increase over Q4 2020. 2021 Reserve Highlights: Pipestone delivered 28% growth in Proved Developed Producing reserves from 31.7 MMboe in 2020 to 40.5 MMboe and achieved a Finding & Development cost of $10.37/boe, coupled with a full year 2021 operating netback of $27.72/boe drives a 2021 PDP F&D recycle ratio of 2.7x; Total Proved reserve volumes increased year-over-year by 20% from 134 MMboe to 160 MMboe with an F&D recycle ratio of 3.9x; Total Proved plus Probable reserve volumes increased year-over-year by 21% from 228 MMboe to 275 MMboe with an F&D recycle ratio of 6.6x; Increase in 1P Future Development Capital of 11% from $640 million to $708 million, and a 6% increase in 2P FDC from $935 million to $989 million, which is equivalent to approximately 5 years at our 2022 capital spending budget; Go-forward estimated undeveloped 1P F&D cost of $6.15/boe and Undeveloped 2P F&D cost of $4.62/boe reflect the continued efficiencies achieved in the business during 2021; and Updated 1P and 2P Net Asset Value per Share of $6.03 and $9.43 per fully diluted share, respectively, utilizing a 10% discount rate at a flat price deck. These NAVPS values reflect a premium of 36% and 113%, for 1P and 2P respectively, over the current share price of $4.42.
WTHVF

Hot Stocks

07:57 EST Westhaven Gold reports drill results from Shovelnose gold property - Westhaven Gold is pleased to announce 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. Gareth Thomas, President & CEO, comments: "Hole SNR21-55 is a completely new high-grade gold discovery within Vein Zone 2 at the Alpine Zone. This hole is approximately 500 metres from previous high-grade intercepts within Vein Zone 2 at the South Zone. This is very exciting as it remains open to the northwest and gives us a whole new area to focus on." Recent Drilling Highlights: SNR21-55: 8.00 metres of 20.22 g/t gold and 83.97 g/t silver, including 3.13m of 45.23 g/t Au and 195.64 g/t Ag. 17.00m of 1.02 g/t Au and 1.24 g/t Ag, including 3.00m of 5.25 g/t Au and 5.44 g/t Ag. SNR21-54: 27.52m of 0.68 g/t Au and 1.04 g/t Ag, including 3.00m of 4.84 g/t Au and 6.16 g/t Ag. SNR21-53: 73.24m of 0.39g/t Au and 2.91 g/t Ag, including 1.98m of 7.22 g/t Au and 15.34 g/t Ag.
PBLA

Hot Stocks

07:55 EST Panbela Therapeutics Inc trading halted, news pending
DPRO

Hot Stocks

07:54 EST Draganfly announces over 500,000 seats sanitized - Draganfly is pleased to announce that the Company has disinfected its 500,000th seat using its proprietary pathogen and surface sanitizer spray. In addition to the recent spraying at Alabama State University's Dunn-Oliver Acadome, Draganfly's proprietary pathogen and surface sanitizer spray was administered ahead of the Drone Racing League's Vegas Championship Race Presented by T-Mobile outside T-Mobile Arena during CES 2022 as well as the EDGE22 plenary sessions at the Park Theater in the Park MGM in Las Vegas, Nevada. Last year, the Company's spray was implemented ahead of several high-profile events, including NASCAR's June tripleheader weekend at the Nashville Superspeedway and Barrett-Jackson's March collector car auction in Scottsdale, Arizona.
APYRF

Hot Stocks

07:52 EST Allied Properties Real Estate announces renewal of normal course issuer bid - Allied Properties Real Estate Investment Trust announced that it has received approval from the Toronto Stock Exchange for a normal course issuer bid which will enable it to purchase up to 12,602,594 of its 127,949,651 issued and outstanding units as at February 10, 2022, representing approximately 10% of its public float of 126,025,945 Units as at that date. Allied intends to commence the NCIB on February 24, 2022. The NCIB will expire on February 23, 2023 or such earlier date as Allied completes its purchases pursuant to the NCIB. All purchases under the NCIB will be made on the open market through the facilities of the TSX or alternate trading systems in Canada at market prices prevailing at the time of purchase. In accordance with TSX rules, any daily repurchases will be limited to a maximum of 55,208 Units, representing 25% of the average daily trading volume of the Units on the TSX for the six months ended January 31, 2022. Any Units that are repurchased will either be cancelled or delivered to participants under Allied's restricted unit plan or to employees pursuant to Allied's employee programs. Under its normal course issuer bid that commenced on February 24, 2021, Allied sought and received approval from the TSX to purchase up to 12,531,845 Units and repurchased 60,912 Units at a weighted average price of $43.35 per Unit. Such purchases were effected through the facilities of the TSX and alternative trading systems in Canada. The primary purpose of the NCIB is to purchase Units to fulfil Allied's commitments to employees under its restricted unit plan and other employee programs. Allied may also purchase Units for cancellation from time to time, depending on the market price of the Units and other factors.
OTIC

Hot Stocks

07:50 EST Otonomy completes enrollment in Phase 2 trial of OTO-313 - Otonomy announced the completion of patient enrollment in the Phase 2 clinical trial of OTO-313 in tinnitus. The randomized, double-blind, placebo-controlled trial enrolled 153 patients with persistent, unilateral tinnitus of at least moderate severity. Patients were randomized 1:1 to a single intratympanic injection of OTO-313 or placebo and are being followed for 4 months. The primary endpoint is the same as reported for the successful Phase 1/2 trial: a responder analysis based on the proportion of patients who report a clinically meaningful improvement in the Tinnitus Functional Index from baseline to Months 1 and 2 following treatment. Top-line results for all timepoints are expected to be available in mid-2022.
ADGI

Hot Stocks

07:48 EST Adagio Therapeutics announces ADG20 development plans - Adagio Therapeutics outlined strategic initiatives for its ADG20 program, as well as research efforts to address SARS-CoV-2 and other coronaviruses. ADG20 is an investigational monoclonal antibody being developed for the prevention and treatment of COVID-19. The persistence of the COVID-19 pandemic and the potential for new variants support Adagio's ongoing work to bring forward new prevention and treatment options. Adagio is undertaking several strategic initiatives intended to assess the potential for Emergency Use Authorization submissions for ADG20 for the prevention and treatment of COVID-19, as well as numerous research efforts to address COVID-19 and other coronaviruses. In the first quarter of 2022, Adagio plans to: Analyze clinical data from its global Phase 2/3 clinical trials for the prevention and treatment of COVID-19 to assess the preliminary safety and efficacy of ADG20 at the 300mg dose in each trial. This analysis will be available in late March and the company expects these data will inform next steps for ADG20; Evaluate higher doses of ADG20 in a Phase 1 clinical trial to supplement the 300mg dose data; Progress ongoing efforts to modify ADG20 to improve binding to the Omicron variant in order to enhance its neutralization potency while retaining its broad neutralization shown in vitro against other SARS-CoV-2 variants of concern; Pursue assessment of additional mAbs from its proprietary library of previously isolated SARS-CoV-2 antibodies for neutralization breadth and potency, which could be developed as a standalone treatment or combination therapy; and Continue discovery efforts to identify novel broadly neutralizing antibodies that target distinct epitopes both within and outside the receptor binding domain of SARS-CoV-2 and other beta coronaviruses. ADG20 In Vitro Data: Adagio has assessed and summarized in vitro data from externally conducted assays describing the neutralization potency of ADG20 against known SARS-CoV-2 variants. Based on data reported in numerous published manuscripts, ADG20 has demonstrated in vitro neutralizing activity against SARS-CoV-2 variants of concern including Alpha, Beta, Delta, Delta Plus, Gamma and the BA.1 lineage of the Omicron variant. However, recently published data show that in in vitro assays, ADG20 has markedly reduced neutralization activity against the BA.2 lineage of the Omicron variant.
STIM SLRC

Hot Stocks

07:47 EST Neuronetics announces amendment of credit facility with SLR Investment - Neuronetics announced it has amended its term loan agreement with its current lenders, investment affiliates managed by SLR Investment, which was originally entered into on March 2, 2020 and subsequently amended on April 20, 2020 and December 2, 2020. This amendment includes modifications to the ability of the Company to extend the interest-only period, the reduction of certain revenue covenants, and the elimination of the final term loan tranche available to the Company. The Company has the ability to, subject to certain conditions, extend the interest only period on the initial Term A Loan to 36 months from 24 months, which if such conditions are satisfied, would allow for the commencement of loan principal amortization payments beginning on March 1, 2023. In addition, the amendment reduced the trailing twelve-month net product revenue covenants related to the facility. As part of the December 2, 2020 amendment, the Company was permitted to borrow, at its election, up to $15.0 million in three separate $5.0 million tranches. The three tranches were available through June 20, 2021, December 20, 2021, and June 20, 2022, respectively, based on the achievement of agreed upon trailing twelve-month net product revenue targets for each tranche. The Company previously elected not to draw either of the Term B or Term C tranches, and, as part of this amendment, the Company agreed that it would not draw the Term D tranche.
J

Hot Stocks

07:46 EST Jacobs awarded geothermal power generation project in Indonesia - Jacobs has been appointed by PT Geo Dipa Energi as Subsurface Project Management Consultant for the expansion of the Dieng and Patuha geothermal power plants in Java, Indonesia. The development will increase the power generation output of the Dieng and Patuha geothermal fields from 110 MW to 220 MW. Jacobs will undertake the geoscientific study of the geothermal resource, including the review of conceptual reservoir model and development strategy, well targeting, geological prognosis, and well programming, as well as the development of the drilling strategy and drilling risk mitigation. The power plants are the first geothermal projects that are financed by the Asian Development Bank under a direct lending scheme.
HCCC DRTS

Hot Stocks

07:46 EST Healthcare Capital, Alpha Tau announce stockholder approval for combination - Healthcare Capital and Alpha Tau Medical announced that in its special meeting held on February 18, 2022, HCCC's stockholders voted to approve the previously announced proposed business combination of HCCC and Alpha Tau. Approximately 94.57% of the votes cast at the meeting, representing approximately 65.64% of HCCC's outstanding shares as of the record date, voted to approve the Business Combination. In addition, HCCC's stockholders approved all other proposals put before stockholders at the special meeting. Upon consummation of the Business Combination, the combined company will operate as Alpha Tau Medical Ltd. and its ordinary shares and warrants are expected to trade on NASDAQ under the new symbols "DRTS" and "DRTSW," respectively.
PTOTF

Hot Stocks

07:45 EST Patriot One awarded contract to create full motion video detection application - Patriot One Technologies announced it was awarded a contract worth nearly $1 million CAD with Canada's Department of National Defence, to further develop an artificial intelligence-enabled full motion video analytics application. This technology will be used to detect, classify and track objects and events of interest, initially for DND applications, and in the future across multiple domains. As an innovative piece of AI-powered intellectual property, Patriot One will leverage the technology across its current and future product portfolio to enhance solutions for customers. The project, named "RECCE," is being developed by Xtract AI, the AI innovation and development arm of Patriot One. It will initially be used by the DND and the Canadian Armed Forces to detect, classify and track, as well as geospatially and textually log, objects of interest to improve situational awareness. Xtract AI is scheduled to deliver the solution to DND by March 31, 2022.
MBXBF

Hot Stocks

07:43 EST Microbix Biosystems nominates Jennifer Stewart to board of directors - Microbix Biosystems announces that Jennifer Stewart government, and public affairs, has been nominated to become a member of its Board of Directors. If appointed by a majority of shareholders voting at Microbix's Annual General Meeting on Wednesday, March 30, 2022, Ms. Stewart will join the Board of Directors and will also be asked to serve as a member of the Human Resources, Compensation & Governance Committee. Ms. Stewart is founder, President, and CEO of Syntax Strategic a leading firm in the sector of advocacy and communication for the public and private sectors.
CWH

Hot Stocks

07:42 EST Camping World boosts regular quarterly dividend by 25% - Camping World Holdings announced today that its Board of Directors has increased the Company's quarterly dividend by 25% and declared a regular cash dividend of 62.5c per share on the Company's Class A Common Stock. Payment is expected to be made on March 29 , to stockholders of record at the close of business on March 14 Marcus Lemonis, Chairman and Chief Executive Officer, stated, "While the primary objective is to continue to invest in the growth of our business, our management team remains focused on a healthy return of capital to our shareholders, through strong dividends and our stock repurchase program." With this increase, the Company's regular dividend increases from $2.00 to $2.50 per share on an annualized basis.
MTOR

Hot Stocks

07:42 EST Meritor trading resumes
ALBO

Hot Stocks

07:41 EST Albireo Pharma announces NICE recommendation for Bylvay for all PFIC types - Albireo Pharma, announced that the National Institute for Health and Care Excellence has issued guidance that recommends Bylvay for the treatment of all types of progressive familial intrahepatic cholestasis in people aged six months and older. Bylvay is a potent, non-systemic ileal bile acid transport inhibitor, administered as a once-daily treatment. With this final recommendation under the Highly Specialised Technologies pathway, Bylvay will be funded for use within 90 days in the National Health Service in England, Wales and Northern Ireland. The final NICE recommendation is aligned to the European Marketing Authorization and UK Medicines and Healthcare Products Regulatory Agency approval as the first medicine for the treatment of PFIC, a rare and devastating disorder affecting young children that causes progressive, life-threatening liver disease. Patients with PFIC have impaired bile flow, or cholestasis, the resulting bile build-up in liver cells causes liver disease and symptoms such as intense itching, poor sleep, delayed growth and diminished quality of life. The harmful impacts of the disease extend beyond the individuals with PFIC to those caring for them as shown by the 2022 multinational PICTURE study, which revealed PFIC negatively affects caregivers' quality of life, relationships and career prospects. The NICE recommendation is based on data from PEDFIC 1 and PEDFIC 2, the largest, global, Phase 3 trials ever conducted in PFIC. In PEDFIC 1, a randomized, double-blind, placebo-controlled study, Bylvay met both its pruritus and serum bile acid primary endpoints and was well tolerated with low incidence of drug-related diarrhea/frequent bowel movements. PEDFIC 2, a long-term, open-label Phase 3 extension study, affirmed Bylvay delivered sustained reductions in serum bile acid as well as improvements in pruritus assessments, growth and sleep and markers of liver function in patients treated up to 48 weeks in an interim analysis. Across both studies, Bylvay was well tolerated. The most common adverse reactions for Bylvay were diarrhea, liver test abnormalities, vomiting, abdominal pain, and fat-soluble vitamin deficiency. There were no serious treatment-related adverse events reported in any clinical study with Bylvay.
KKR

Hot Stocks

07:40 EST KKR to acquire majority stake in Refresco, terms undisclosed - Refresco Group and KKR announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco's existing investors, PAI Partners and British Columbia Investment Management Corporation, or BCI, maintaining a significant minority position. Terms of the transaction, which is subject to closing conditions, were not disclosed. Founded in 1999, Refresco is a global independent beverage solutions provider for retailers and branded beverage companies with pan-regional coverage in Europe and North America through its network of bottling, warehousing, logistics and other operational assets. The company's production platform includes over 70 majority-owned manufacturing sites in Europe, the U.S., Canada and Mexico, providing customers with close proximity and a reliable service across geographies.
APO

Hot Stocks

07:40 EST Apollo Global, Mubadala expand partnership for global origination opportunities - Apollo and Mubadala Investment Company announced the expansion of their global partnership, which currently includes a number of strategic initiatives across Apollo's integrated platform. The expansion of the partnership supports Apollo's Capital Solutions business to originate transactions across various asset classes and grow product capabilities. It is designed to benefit a wide range of capital needs and meet increasing market demand for expedient and bespoke multi-billion-dollar equity and debt solutions. Apollo expects the mutually beneficial relationship to accelerate its 5-year origination target and support other goals set forth at its Investor Day. The expanded partnership builds on the successful Apollo Strategic Origination Partners platform formed in 2020, reinforcing the strong relationship between Apollo and Mubadala. It also strengthens the capabilities of Apollo's Capital Solutions business, which works across the firm's global investment platform with a growing team of professionals focused on origination, syndication and broad capital markets activities.
JUSHF

Hot Stocks

07:38 EST Jushi Holdings announces cannibs brands, product launches in Massachusetts - Jushi Holdings announced a series of upcoming launches of branded cannabis products in the Commonwealth of Massachusetts, beginning with the debut of its flower brands, The Bank and Seche. The Company is also expected to launch its vaporizable cartridges & jarred concentrates line, The Lab, and its edibles line, Tasteology, in the second quarter of 2022, pending regulatory approval. Jushi's brands will be available for purchase at its subsidiary, Jushi MA, Inc. d/b/a Nature's Remedy of Massachusetts in Tyngsborough and Millbury, Massachusetts, and has plans to roll out to the more than 190 partner dispensaries across the Commonwealth. In Massachusetts, Jushi's award-winning brand, The Bank, is known for its superior plant genetics and next-level cultivation. The brand has been fully reimagined and designed for the modern, discerning cannabis connoisseur. The Bank offers pre-packaged 3.5g glass jars of flower in three-tiered lines: Gold Standard, Cache and Vault, as well as infused and non-infused Blunts. Today, The Bank is available at Nature's Remedy retail locations in Tyngsborough and Millbury, as well as at dispensaries across Pennsylvania, Nevada, Virginia, and Ohio, pending regulatory approval. Seche boldly invents a new category in cannabis by redefining the perception of value products like shake and popcorn. With a carefree spirit and the curiosity to uncover what's next, Seche invites you on a yet unwritten adventure. With products like Kind Grind infused 14g jarred flower and 1g infused pre-rolls, Fine Grind, Fine Flower, 5 pre-rolled joint Multipack, Singles and All Day. Seche is available at Nature's Remedy stores in Tyngsborough and Millbury as well as at dispensaries across Pennsylvania, Nevada, Virginia, and Ohio. The Company will also be rolling out Seche products to partner dispensaries across Massachusetts, pending regulatory approval. The Lab is an award-winning brand famous for its high-quality, precision vape products and concentrates. Through cutting-edge technology and equipment, The Lab continues to lead the way in bringing the unique experience of cannabis to new and modern mediums. Jushi plans to bring The Lab's award-winning, high-quality 0.3g all-in-one vape, 0.5g vape cart, cured jarred concentrates, live and solventless jarred concentrates in various varieties to patients and consumers in the Bay State. Jushi's vapes and concentrates line will roll out to Nature's Remedy's locations and partner dispensaries in Massachusetts in the second quarter of 2022, pending regulatory approval and is currently available at dispensaries across Nevada, Virginia, and Ohio. In Massachusetts, Jushi plans to launch Tasteology, a brand of premium, real-fruit, cannabis-infused edibles and chocolates, pending regulatory approval. The unique combination of flavor and texture of Tasteology cannabis-infused edible products makes them especially well-suited to several consumer and patient populations. These edible products will be available in Blueberry Calm, Balanced Peach and Mango-Pineapple Boost varieties. The chocolate line will initially be available in milk, dark and strawberry blonde flavors. Tasteology products are expected to launch in Massachusetts in the second quarter of 2022, pending regulatory approval and currently can be purchased at dispensaries across Nevada, Virginia, and Ohio. Nira + Medicinals is expected to initially bring high-quality THC and CBD-rich medical tincture products to Massachusetts patients and consumers, pending regulatory approval. Nira +'s full suite of products, which includes tinctures, capsules, softgels and topicals, is expected to launch at Nature's Remedy retail locations and partner dispensaries in Massachusetts in the second quarter of 2022, pending regulatory approval and is currently available at dispensaries across Virginia.
CMI MTOR

Hot Stocks

07:38 EST Cummins to acquire Meritor for $36.50 p/s cash, total enterprise value $3.7B - Cummins (CMI) and Meritor (MTOR) announced that they have entered into a definitive agreement under which Cummins will acquire Meritor, a global leader of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. Under the terms of the agreement, Cummins will pay $36.50 in cash per Meritor share, for a total transaction value of approximately $3.7BN, including assumed debt and net of acquired cash. "The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications," said Tom Linebarger, Chairman and CEO, Cummins. "Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions." "In addition, our communities and our planet depend on companies like Cummins to invest in and develop these solutions," Linebarger added. "This acquisition adds products to our components business that are independent of powertrain technology, and by leveraging our global footprint we expect to accelerate the growth in Meritor's core axle and brake businesses. There is also a compelling financial case for this acquisition, with significant synergies expected in SG&A, supply chain operations and facilities optimization." "This agreement with Cummins builds on Meritor's track-record of outstanding performance and service to our customers. Our offerings will continue to play an important, strategic role as commercial vehicles transform to become electric and autonomous," said Chris Villavarayan, CEO and President of Meritor. "At closing, Meritor shareholders will receive immediate value at a compelling 48% premium to the Meritor trading price as of Feb. 18, 2022, and customers will benefit from enhanced capabilities in technology and the ability to accelerate investment in axle and brake development and EV adoption. Our global team members and their commitment to excellence helped make this transaction possible and will fuel our innovations as we embark on this next chapter in our longstanding legacy." The acquisition of Meritor is expected to be immediately accretive to Cummins' adjusted EPS and is expected to generate annual pre-tax run-rate synergies of approximately $130 million by year three after closing.
TPB

Hot Stocks

07:37 EST Turning Point Brands enters deal for exclusive distribution of Clipper lighters - Turning Point Brands announced that it has entered into an agreement with Flamagas, a renowned lighter manufacturer, for exclusive distribution of Clipper lighters in the United States and Canada.
CDNA

Hot Stocks

07:37 EST CareDx announces organ surveillance systems used in xenotransplantation - CareDx announced that its non-invasive organ transplant surveillance solutions are being used to help monitor post-operative graft health in the world's first successful heart xenotransplantation. A genetically modified pig heart was successfully transplanted into a patient at the University of Maryland Medical Center on January 7, 2022. Surgeons from the University of Maryland School of Medicine are using adapted versions of two complementary, non-invasive CareDx surveillance solutions, experimentally, to provide a comprehensive, multimodal assessment of organ graft health. Gene expression profiling is being used to assess immune quiescence and donor-derived cell-free DNA to detect graft injury.
GRCL

Hot Stocks

07:36 EST Gracell reports advancements of TruUCAR CAR-T cell platform - Gracell announced multiple advancements of its TruUCAR platform, the company's proprietary technology platform designed to generate high-quality allogeneic CAR-T cell therapies that can be administered "off-the-shelf" as stand-alone therapy. An abstract providing early results of a first-in-human clinical study on GC502 in r/r B-ALL patients has been accepted for poster presentation at the American Association for Cancer Research Annual Meeting 2022. GC502 is an allogeneic CD19/CD7 dual-directed CAR T cell therapy currently under development for multiple indications including B-ALL. GC502 is currently being studied in a Phase 1 investigator-initiated trial in China for patients with B-cell malignancies. Another lead product candidate of the TruUCAR platform is GC027, an allogeneic CAR-T therapy targeting CD7 for the treatment of adults with T-cell lymphoblastic leukemia. Gracell is currently investigating GC027 in a Phase 1 IIT study in China evaluating the safety and efficacy. Both GC502 and GC027 are poised to strengthen the allogeneic platform approach of TruUCAR.
AOTVF

Hot Stocks

07:36 EST Ascot Resources announces assay results at Premier Gold Project - Ascot Resources is pleased to announce the remaining assay results from the 2021 drill program at the Company's Premier Gold Project located in the Golden Triangle of northwestern British Columbia. These drill holes targeted areas of early stopes at the Big Missouri deposit with the aim of refining stope geometry and orientation as well as expanding stope shapes where possible and gathering additional grade information. The drill holes intercepted gold mineralization at or near defined stope shapes with numerous high-grade assays as high as 184.5 g/t gold. Highlights from the drill results include: 27.52 g/t Au and 11.40 g/t Ag over 8.00m from a depth of 68.4m in hole P21-2379, including 66.70 g/t Au and 14.20 g/t Ag over 2.00m; 36.36 g/t Au and 24.1 g/t Ag over 4.65m from a depth of 56.4m in hole P21-2373, including 184.50 g/t Au and 80.50 g/t Ag over 0.90m. The interval is carried by the high-grade assay, but the width of the mineralized zone has been selected considering base metal and sulfide content in addition to gold and silver. 10.04 g/t Au and 15.91 g/t Ag over 7.00m from a depth of 139.8m in hole P21-2358, including 14.70 g/t Au and 22.33 g/t Ag over 4.00m; 7.25 g/t Au and 4.57 g/t Ag over 6.00m from a depth of 212.1m in hole P21-2363, including 19.00 g/t Au and 6.10 g/t Ag over 2.00m. Derek White, President and CEO of Ascot commented, "Big Missouri is the first deposit Ascot is planning to mine this year and these high-grade drill results will assist the Company in optimising initial mining activities. It is encouraging to see that the projected stope shapes have been generally confirmed, and in many cases extended, as we suspected they would with additional drilling. With a headline intercept of nearly an ounce per tonne gold over eight metres and with assays as high as 184.5 g/t gold, the future bodes well for the underground development at Big Missouri. The Company continues to expect to convert Resources into Reserves as additional drilling from surface and underground provides more detailed information on the optimal mining shapes."
OYST

Hot Stocks

07:35 EST Oyster Point Pharma announces TYRVAYA nasal spray covered by Express Scripts - Oyster Point Pharma announced TYRVAYA Nasal Spray's placement on the Express Scripts National Preferred, Basic, and High Performance Formularies, which collectively makes up an estimated 26 million lives, effective February 19, 2022. TYRVAYA is the first and only nasal spray approved for the treatment of the signs and symptoms of dry eye disease.
BHVN

Hot Stocks

07:34 EST Biohaven Pharmaceutical enrolls first patient in Phase 2/3 trial of Nurtec ODT - Biohaven Pharmaceutical announced that it has commenced enrollment in a Phase 2/3 clinical trial assessing the efficacy and safety of Nurtec ODT 75 mg in patients with chronic rhinosinusitis with or without nasal polyps. Biohaven expects to enroll approximately 200 patients in this randomized, double-blind, placebo-controlled trial across approximately 25 sites in the United States. Researchers will evaluate acute symptomatic treatment with rimegepant in patients with chronic rhinosinusitis with and without nasal polyps.
CMI MTOR

Hot Stocks

07:34 EST Cummins to acquire Meritor for $36.50 p/s in cash
ITMZF

Hot Stocks

07:34 EST Intema closes Livestream Gaming acquisition in escrow - Intema Solutions is pleased to announce that the Corporation has satisfied the outstanding conditions for the release of the escrowed funds from the Corporation's previously announced C$10.007 million private placement of subscription receipts. The Corporation is also very pleased to announce that it has closed its previously announced transaction with Livestream Gaming, whereby Intema has acquired all of the issued and outstanding securities in the capital of Livestream. The Consideration will be held in escrow pending posting of the filing statement on SEDAR and issuance of the TSX Venture Exchange bulletin about the Transaction. Livestream is the parent company of LOOT.BET, a licensed server-based real-money online gaming platform and a top brand in the esports betting space. For the year ended December 31, 2021, Livestream recorded gross gaming revenue of 2.2 million euros and a net loss of 173,818 euros as per the draft audited statements, mainly from gamers in Europe and Asia. In connection with the escrow release, the 20,014,000 Subscription Receipts issued pursuant to the Offering will be automatically exercised into 20,014,000 common shares of the Corporation and 10,007,000 common share purchase warrants of the Corporation for gross proceeds of C$10.007 million. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.90 for a period of 12 months from the date of issuance. It is expected that the Corporation will use a portion of the escrowed proceeds to fund the cash consideration payable to the vendors in connection with the Transaction. In connection with the closing of the Transaction, the Corporation also issued 6,470,588 Common Shares at a deemed price of $0.425 per Share to the vendors. In connection with the Private Placement, the Corporation paid to eligible arm's length parties: an aggregate cash fee $383,695; and 1,019,921 Finders warrants. Each Finder Warrant will be exercisable into one additional common share at an exercise price of $0.90 per share for a period of 12 months from the closing of the Transaction. Lastly the Corporation's board of directors has approved the grant of stock options exercisable for a total of 6,029,412 common shares to its directors, officers, employees and consultants. All Options were granted pursuant to the Corporation's stock option plan and are subject to the terms of the applicable grant agreements and the requirements of the TSX Venture Exchange. The Options were granted at an exercise price of $0.50. 3,529,412 Options shall expire on February 18, 2024, and 2,500,000 Options shall expire on February 18, 2027. Further to its news release of April 21, 2021, on January 12, 2022, Intema issued an aggregate of 59,154 common shares of the Corporation at a deemed price of $0.355 per share to Agora Internet Relations Corp. in consideration of services rendered.
PRVB

Hot Stocks

07:32 EST Provention Bio resubmits BLA for teplizumab to FDA to address CRL - Provention Bio announced it has resubmitted the Biologics License Application for teplizumab for the delay of clinical type 1 diabetes in at-risk individuals. The purpose of the resubmission is to address the FDA's pharmacokinetic comparability considerations contained in the complete response letter issued last July, as well as the CRL's Chemical, Manufacturing, and Controls and product quality considerations. The CRL did not cite any clinical deficiencies related to the efficacy and safety data packages submitted to the original BLA. The resubmission comes after last month's Type B meeting at which the FDA proposed, and the company agreed, to use PK modeling to adjust the 14-day dosing regimen for the planned commercial product to match the exposure of clinical material used in prior clinical trials by ensuring that the 90% confidence intervals for relevant PK parameters fall within the target 80-125% range. Under applicable FDA guidelines, the FDA has 30 days to review the resubmission, determine whether it is complete and acceptable for review, and provide a review goal date.
XOS

Hot Stocks

07:31 EST Xos unveils body build video of fully-electric Loomis vehicles - Xos, Inc. unveiled a video showcasing a truck build at CITE Armored, a leader in custom security manufacturing, for customer Loomis. Through the collaborative effort with Xos, fully-electric armored Loomis vehicles have been on the road since 2018, featuring Xos' proprietary and customizable X-Platform chassis and battery systems. The armored Loomis vehicles have ballistic protection to keep drivers, operators, and assets safe from harm. CITE Armored, based in Memphis, Tenn., celebrated its 20th year in business at the start of 2022, and also Loomis as its first customer.
BABYF

Hot Stocks

07:29 EST Else Nutrition concludes preclinical study on Plant-Based infant formula - ELSE NUTRITION HOLDINGS is pleased to announce that it has concluded a successful preclinical study on its Plant-Based infant formula, on the pathway to bring its formulation to market This marks a key first step on the path with the Food and Drug Administration, as well as with other regulatory authorities, to demonstrate safety and nutrient bioavailability of the Else infant formula. The study results demonstrated proper growth similar to a dairy-based infant formula, in a neonatal preclinical model. The full study results will be presented at an international scientific conference on pediatric nutrition and growth in March 2022.
ONEXF

Hot Stocks

07:29 EST Onex, AIT, Qatar Investment Authority enter partnership - AIT, together with its founding management and Onex Corporation announced that Qatar Investment Authority, the sovereign wealth fund of the State of Qatar, through its affiliates, has agreed to acquire a minority interest in AIT, the world's largest provider of factory automation to the aerospace, defense, and space launch sectors. The transaction is expected to close in 2022, subject to regulatory conditions and approvals. QIA will acquire its interest in AIT through a combination of primary capital and partial sales by the company's two existing shareholders, AIT's founding management team and Onex Partners IV. Following the transaction, all three parties will assume minority joint ownership of the company.
FLGC

Hot Stocks

07:27 EST Flora Growth registers cannabinoid food and beverage products with Colombian-FDA - Flora Growth announced that the Company has filed twenty-three cannabinoid-infused food and beverage products with the Instituto Nacional de Vigilancia de Medicamentos y Alimentos INVIMA, similar to the U.S. FDA. This announcement comes as Colombian President, Ivan Duque, signed Resolution 227, which provides the necessary framework for the use, distribution and export of cannabis, dried flower, and other non-psychoactive derivatives. Flora expects to be the first cultivator in the world to obtain these unique approvals from INVIMA for its cannabinoid-infused food and beverage products which will include juices, sparkling seltzers, gummies, and healthy snack foods. These goods have been developed under Flora's KASA Wholefoods division which prioritizes the sourcing of natural ingredients and value-chain sustainability to create items to help consumers restore and thrive. "We are incredibly excited by the government's decision to permit cannabinoid food and beverage products and look forward to bringing these cannabis wellness products to consumers in Colombia and around the globe," said Luis Merchan, President and CEO of Flora Growth. "Aligning with globally recognized safety and compliance standards is at the forefront of Flora's strategy, particularly when it comes to the food and beverage sector of the cannabis industry."
BDRBF

Hot Stocks

07:27 EST Bombardier appoints Christophe Degoumois as executive advisor - Bombardier is pleased to announce the appointment of Christophe Degoumois, a former senior sales leader with the company, to the role of independent Executive Advisor, assisting the management team in strategic projects. Mr. Degoumois, who until recently was Vice President, Sales, International, at Bombardier, has over 17 years of experience with the company, and played a key role in instilling its customer-centric culture.
LTRY TMUS

Hot Stocks

07:27 EST Lottery.com partners with T-Mobile as digital lottery brand for in-vehicle ads - Lottery.com (LTRY) announced that it has signed an agreement with T-Mobile (TMUS) to become the exclusive digital lottery brand for in-vehicle advertising. Lottery.com will work with Marketing Solutions, T-Mobile's fast-growing ad technology business, to reach audiences through video ads presented on screens inside rideshare vehicles, where user rides average approximately fifteen minutes. As part of the agreement, Lottery.com has the right as the exclusive digital lottery brand to execute comprehensive geo-targeted campaigns across a range of highly engaged consumers in jurisdictions where Lottery.com offers its services. As Lottery.com enters new states in the U.S., the parties anticipate that this exclusive advertising arrangement will also expand.
TGNA

Hot Stocks

07:26 EST TEGNA trading resumes
TGNA

Hot Stocks

07:26 EST TEGNA trading halted, news pending
MTOR

Hot Stocks

07:26 EST Meritor trading halted, news pending
M

Hot Stocks

07:25 EST Macy's jumps 8% to $27.75 after Q4 results, FY22 guidance beat estimates
RZLT

Hot Stocks

07:25 EST Rezolute announces study results for RZ402 - Rezolute announced topline data from its Phase 1b multiple-ascending dose study of RZ402, a plasma kallikrein inhibitor being developed as an oral therapy for the treatment of diabetic macular edema. Results of the MAD study further validate and support the potential for once daily oral dosing and enable the company to initiate a Phase 2 proof-of-concept study later this year. The recently completed MAD study showed dose-dependent increases in systemic exposures, with repeat-dosing to steady-state resulting in the highest concentrations of RZ402 explored to date, exceeding 200 ng/mL and 50 ng/mL at peak and 24-hour trough, respectively. Following the precedent established in systemic deliveries of PKIs in vascular diseases such as hereditary angioedema, steady-state plasma kallikrein activity in human plasma was measured on Day 14 as a biomarker of RZ402 target engagement. Daily dosing with RZ402 inhibited plasma kallikrein in a dose and concentration-dependent manner. Given that the in-vivo EC90 for RZ402 in animal models of DME is ~6 ng/mL, the results at both peak and 24-hour trough substantially exceeded target concentrations based on a combination of in-vitro and in-vivo profiling. The MAD study results showed that RZ402 was generally safe and well-tolerated, including at higher doses than previously tested in the SAD study. There were no serious adverse events, adverse drug reactions or identified risks. Rezolute plans to present full study results at a medical conference this year.
TLRY

Hot Stocks

07:24 EST SweetWater Brewing announces distribution rollout across Washington, Oregon - SweetWater Brewing Company has announced its continued westward expansion into both Washington and Oregon, with distribution partner Columbia Distributing, keeping up the momentum after the announcement of its launch into California earlier this month. With this multi-state expansion, SweetWater continues to hit major milestones as it celebrates its 25th anniversary this year, with the opening of SweetWater Colorado Brewing Company, LLC, it's new brewery and taproom location in Fort Collins, Colorado, and the recent acquisition of classic craft beer brands Alpine Beer Company and Green Flash Brewing Co. SweetWater Brewing in partnership with Columbia Distributing will bring its core line of quality craft brews throughout both states, including its flagship SweetWater 420 Extra Pale Ale, H.A.Z.Y. IPA, and 420 Imperial IPA, in addition to its rotating variety packs featuring a variety of other heady brews, into local restaurants and bars, grocery chains, liquor stores and other retail establishments. The expansion into Washington and Oregon marks the 39th and 40th states respectively, where SweetWater products will now be available for purchase.
ATHA

Hot Stocks

07:23 EST Athira Pharma announces publication of Phase 1 results for fosgonimeton - Athira Pharma announced the peer-reviewed publication of data from a Phase 1 clinical trial of fosgonimeton in The Journal of Alzheimer's Disease. The article, titled "Safety, tolerability, pharmacokinetics and pharmacodynamics of the positive modulator of HGF/MET, fosgonimeton, in healthy volunteers and subjects with Alzheimer's disease: randomized, placebo-controlled, double-blind, Phase 1 clinical trial," and includes results demonstrating that fosgonimeton showed a positive safety and tolerability profile across all dose levels tested and dose-proportional pharmacokinetics and encouraging pharmacodynamic activity. "These encouraging results showed a positive safety and tolerability profile of fosgonimeton across a wide dose range, and the pharmacodynamics support blood brain barrier penetration. Importantly, we believe the significant reduction of ERP P300 latency levels seen in the Alzheimer's disease patient cohort on active treatment may be suggestive of enhanced synaptic function and, ultimately, the potential procognitive properties of fosgonimeton," said Hans Moebius, MD, PhD, Chief Medical Officer of Athira. "These data support our ongoing Phase 2 ACT-AD and Phase 3 LIFT-AD trials evaluating fosgonimeton's potential as a treatment for Alzheimer's disease. We look forward to sharing the Phase 2 ACT-AD top-line data in the second quarter of 2022."
BCRX

Hot Stocks

07:22 EST BioCryst begins patient enrollment in RENEW PoC trial for BCX9930 - BioCryst Pharmaceuticals announced the enrollment of the first patient in the RENEW proof-of-concept basket study with its oral Factor D inhibitor, BCX9930, in patients with C3 glomerulopathy, immunoglobulin A nephropathy and primary membranous nephropathy. RENEW is an open-label, multicenter, proof-of-concept study designed to evaluate the safety, tolerability and therapeutic potential of BCX9930 administered for 24 weeks in approximately 42 adult patients with either C3G, IgAN or PMN. All patients will be enrolled into one of three parallel study cohorts, based on confirmation of diagnosis and disease activity in a recent kidney biopsy, and will receive BCX9930 for the 24-week treatment period. The primary endpoint of RENEW is percent change from baseline in 24-hour urine protein-to-creatinine ratio, as assessed at week 24. For more information about RENEW, visit ClinicalTrials.gov and search NCT number NCT05162066. BioCryst recently announced it has begun enrolling patients in the REDEEM-1 and REDEEM-2 pivotal trials evaluating BCX9930 for patients with PNH. REDEEM-1 is a randomized, open-label, active comparator-controlled study of the efficacy and safety of oral BCX9930 monotherapy in PNH patients with an inadequate response to a C5 inhibitor. REDEEM-2 is a randomized, placebo-controlled study to evaluate the efficacy and safety of oral BCX9930 as monotherapy versus placebo in PNH patients not currently receiving complement inhibitor therapy. BioCryst plans to further advance and expand its Factor D program over the next two years by achieving the following: Complete and report data from REDEEM-1 and REDEEM-2; Prepare to submit regulatory approval filings in PNH; Complete the RENEW PoC basket trial and advance to pivotal trials in C3G, IgAN and PMN; Commence PoC trials in other complement-mediated diseases
ARES

Hot Stocks

07:20 EST Ares Management, others sign MOU for green fuels hub on Texas gulf coast - Apex Clean Energy, funds managed by the Infrastructure and Power strategy of Ares Management, EPIC Midstream Holdings, and the Port of Corpus Christi Authority announced that they have entered into a nonbinding memorandum of understanding to explore the development of a leading green hydrogen production, storage, transportation, and export operation, including a newly constructed dedicated pipeline and a green fuels hub to be located at the Port of Corpus Christi on the Texas Gulf Coast. As contemplated by the parties, the project would produce green hydrogen and other derivative green fuels in volumes not yet seen in the United States, with additional scale possible by decade's end. Apex expects to utilize its industry-leading portfolio of wind and solar projects currently in development in Texas to power facilities producing green hydrogen and derivative green fuels products. In addition, EPIC will consider leveraging its pipeline construction and operating expertise to accelerate the development of a new, dedicated green fuels pipeline. The project would also endeavor to leverage and develop existing and new storage, processing, and export infrastructure sited on real estate owned by PCCA.
RNLX

Hot Stocks

07:20 EST Renalytix appoints Timothy Scannell to board of directors - Renalytix announced its intention to appoint Timothy Scannell to its board of directors as an independent non-executive director. Mr. Scannell currently serves as Chair of Insulet Corporation's board of directors and serves on the board of directors for Novocure and Collagen Matrix.
LEE

Hot Stocks

07:19 EST Lee Enterprises urges shareholders to vote for director nominees - Lee Enterprises sent a letter to shareholders urging them to vote "FOR" the Board's three nominees - Chairman Mary Junck, Lead Independent Director Herb Moloney and Chief Executive Officer Kevin Mowbray - at Lee's 2022 Annual Meeting to be held on March 10. The company said, "The letter highlights the significant progress Lee is making through continued execution of its Three Pillar Digital Growth Strategy to create shareholder value and why Lee's incumbent, highly qualified and recently refreshed Board is critical to the Company's continued transformation. The letter also reminds shareholders that on February 14, 2022, the Delaware Court of Chancery upheld the decision by Lee's Board to reject the director nomination notice submitted by Alden Global Capital. As a result, Alden may not nominate Directors for election at Lee's 2022 Annual Meeting. Alden's attempted director nominations will be disregarded, and no proxies or votes in favor of Alden's purported nominees will be recognized or tabulated at the Annual Meeting. Lee is confident that shareholders will see through Alden's increasingly desperate and transparent attempts to distract from and obfuscate their true motives: to destabilize our company and ultimately advance a grossly undervalued proposal to acquire Lee. Lee's Board urges shareholders to protect their investment by voting "FOR" ALL the Board's nominees using the WHITE proxy card. All shareholders at the close of business on January 12, 2022 are entitled to vote at the Annual Meeting."
MNOV

Hot Stocks

07:19 EST MediciNova's MN-166 identified as pharmacotherapy for alcohol use disorder - MediciNova announced MN-166 - ibudilast - was discussed as one of the promising pharmacological agents for the treatment of alcohol use disorder in the journal Drugs. The publication identified drug candidates with potential clinical utility, and among the many compounds reviewed, named MN-166 - ibudilast - as one of the promising treatments for AUD with clinical findings that warrant further investigation for the treatment of this highly prevalent, chronic, and relapsing condition. Preclinical findings that demonstrate that MN-166 reduces alcohol intake align with prior studies in which pharmacological inhibition of PDE also reduced alcohol intake. MN-166 improves mood during exposure to alcohol and stress cues, and reduces the mood-altering and stimulant effects of alcohol among participants with more severe depressive symptoms. MN-166 reduces alcohol craving on non-drinking days, reduces the odds of heavy drinking by 45%, and attenuates neural response to alcohol cues. MN-166 appears to be well tolerated.
BRC...

Hot Stocks

07:18 EST Brady appoints Joanne Collins Smee, Vineet Nargolwala to board - Brady Corporation announced that Joanne Collins Smee and Vineet Nargolwala will join its Board of Directors, effective February 22, 2022. Ms. Collins Smee is Chief Commercial, Small and Medium Businesses & Channels Officer at Xerox Holdings Corporation. Mr. Vineet Nargolwala is Executive Vice President, Sensing Solutions for Sensata Technologies, a leading industrial technology company that develops sensors, sensor-based solutions, including controllers and software, and other mission-critical products to create valuable business insights for customers and end users.
HROW

Hot Stocks

07:17 EST FDA accepts NDA for Harrow Health's AMP-100 for surface anesthesia - Harrow Health announced that the U.S. Food and Drug Administration FDA has accepted the New Drug Application filing for AMP-100, the Company's drug candidate for ocular surface anesthesia and intraoperative pain management during ocular surgery. The FDA has assigned the application standard review and a Prescription Drug User Fee Act PDUFA target action date of October 16. In commenting on the announcement, Mark L. Baum, Chief Executive Officer of Harrow Health, said, "The FDA's acceptance of the AMP-100 NDA is a major step forward for Harrow Health Inc. and our commitment to make this patented, innovative drug candidate available. The non-opioid active pharmaceutical ingredient used in AMP-100, if approved, would be the first approved use of this ingredient in the U.S. ophthalmic market. We look forward to working with the FDA during the review process, and we are excited about making AMP-100, if approved, commercially available to the thousands of ophthalmologists, optometrists, hospitals, and ambulatory surgery centers we serve throughout the United States."
PSTV DASTY

Hot Stocks

07:17 EST Plus Therapeutics partners with Medidata for brain cancer clinical trial - Plus Therapeutics (PSTV) announced a partnership with Medidata, a Dassault Systemes company, to evaluate the use of its Synthetic Control Arm solution in a planned Phase 2 trial of Rhenium-186 NanoLiposome in recurrent glioblastoma, a type of brain cancer. SCAs are especially advantageous in indications such as recurrent GBM where the standard of care control treatment is considered undesirable by some patients and physicians. The SCA enables study designs that have a higher than usual probability of assignment of prospective patients to the investigational therapy. This enhances patient enrollment and retention and potentially reduces clinical trial costs while upholding the scientific integrity of the trial.
AKTS

Hot Stocks

07:16 EST Akoustis receives 5G mobile XBAW filter development order - Akoustis Technologies announced that it has signed a statement-of-work / development order from a leading tier-1 RF module maker and filter provider for a new 5G mobile XBAW filter.
M

Hot Stocks

07:15 EST Macy's completes review of e-commerce and brick-and-mortar operations - The company's Board of Directors, with the assistance of independent financial, legal and third-party advisors and the company's management team, completed a lengthy comprehensive review of the company's e-commerce and brick-and-mortar operations to consider the best path forward for Macy's, Inc. to enhance value for shareholders. The review included the evaluation of a variety of alternatives for the company's e-commerce business. Ultimately, based on the work completed, the Board determined that an integrated, omnichannel Macy's, Inc. with an acceleration of certain Polaris initiatives, will deliver greater value to our shareholders than a separation of digital and physical assets at either the enterprise or brand levels. Key to the Board's decision-making were the high separation costs and ongoing costs from operating separated businesses, as well as high execution risk for the business and the company's customers. As a result of the review, the company is accelerating Polaris initiatives that span digital, brand partners, private label, marketing and loyalty and the expansion of off-mall, small-format Market by Macy's and Bloomie's stores. "We are more confident in our path forward as one integrated company. The Board's review reaffirmed our conviction that we are pursuing a robust strategy, and it provided us with greater clarity on several initiatives that could be further accelerated to unlock additional value for our shareholders, which we are pursuing," said CEO Gennette. "Our team will continue our work to deliver an even bolder and brighter future for Macy's, Inc. and all its stakeholders, including our shareholders, our colleagues and our customers."
XPO

Hot Stocks

07:14 EST XPO Logistics expands field management training in LTL business - XPO Logistics announced the expansion of its less-than-truckload Field Management Trainee Program, with a goal of graduating 100 participants in 2022. The comprehensive curriculum creates career paths for high-potential hourly employees, military veterans and recent college graduates, positioning them for promotion. XPO's recent investments in the program extend the training from 12 to 14 weeks, blend e-learning and in-person instruction, and assign a mentor to each trainee. Participants are immersed in XPO's North American LTL business, where they learn the operations for outbound and inbound shipping, pickup-and-delivery and freight assembly. Trainees also shadow sales and support functions, receive freight leadership certification and attend a technology summit. Upon successful completion of the program, participants are qualified to become LTL freight operations supervisors as the next step toward potential field management roles. The company provides competitive, full-time pay and benefits from day one of the program.
REI

Hot Stocks

07:14 EST Ring Energy reports Q4 sales volumes up 11% sequentially to 9,154 BOEPD - Reports Q4 sales volumes to 9,154 BOEPD - 85% oil -, an 11% increase from Q3, and resulting in FY21 sales volumes of 8,519 BOEPD - 86% oil-. CEO Paul McKinney commented, "We remain steadfastly focused on pursuing operational excellence, investing in high return projects, driving cash flow growth and strengthening our balance sheet. In 4Q21, we achieved sales volumes of more than 9,150 BOEPD, which was a material increase from 3Q21. During Q4, we further paid down debt by $5M, which brings the total debt reduction by the company to $85M since 2Q20...The success of our 2021 drilling program supports our plans of running a continuous one-rig drilling program for the foreseeable future in 2022. We picked up a rig in late January, sooner than previously expected, to begin drilling in the CBP and expect to begin seeing production uplift from the new wells in Q2. The three horizontal 1.5 mile lateral wells we drilled in the CBP in 2021 have provided better-than-expected results and our 2022 drilling program will include additional wells there as well as in our premier NWS area...The current strong energy pricing environment, together with continued drilling success should allow us to increase operational cash flow significantly in 2022. In short, we continue to execute on our targeted strategy to further drive financial stability, improve the balance sheet and increase shareholder value."
M

Hot Stocks

07:13 EST Macy's reports Q1 digital sales up 12% y/y, up 36% vs. 4Q19 - Digital penetration was 39% of net sales, a 5-percentage point decline from the fourth quarter of 2020, but a 9-percentage point improvement over the fourth quarter of 2019.
AMYT ARES

Hot Stocks

07:13 EST Amryt Pharma completes $125M non-dilutive debt refinancing - Amryt announces that it has secured $125 million of senior credit facilities from funds managed by the Credit Group of Ares Management Corporation. Amryt will use a portion of the proceeds to refinance its previous secured term debt facility, which has an outstanding balance of $94 million, an interest rate of 13.00% and a maturity date of September 2024. The new facilities will generate significant annual interest cost savings as well as provide for important strategic flexibility as Amryt looks to continue to grow its global rare disease presence. Key features of the new facilities include: Total new facilities of $125 million, consisting of: $85 million Term Loan Facility with interest rate of SOFR+6.75%, subject to a 0.90% SOFR floor; $40 million Revolving Credit Facility with $20 million drawn at close and interest rate of SOFR+4.00%, subject to a 0.90% SOFR floor; Quarterly blended cash interest rate of SOFR+5.87%, subject to a 0.90% SOFR floor, substantially lower than Amryt's current secured term debt facility at 13.00% interest; Requires interest-only payments until facility matures in February 2027; There are no warrants or any equity conversion features associated with the new facilities. The proceeds will be used to refinance existing debt, for general corporate and product development purposes; and potentially for shareholder approved share repurchase programs.
KPTI

Hot Stocks

07:12 EST Karyopharm Chief Medical Officer, Jatin Shah, M.D., steps down - Karyopharm Therapeutics announced changes to its clinical leadership team, including the appointment of Patricia Judson, M.D., as Senior Vice President of Medical Strategy and Stuart Poulton as Senior Vice President of Strategy and Portfolio Management. In addition, Jatin Shah, M.D. Executive Vice President and Chief Medical Officer has stepped down to pursue other professional opportunities, but will continue to serve Karyopharm in an advisory capacity. The company is in the process of evaluating candidates to fill the Chief Medical Officer position.
LBPS

Hot Stocks

07:12 EST 4D pharma announces FDA clearance for IND applications of MRx0005, MRx0029 - 4D pharma announced that the FDA has cleared investigational new drug, or IND, applications for two Live Biotherapeutics, MRx0005 and MRx0029, for the treatment of Parkinson's disease. The company expects to initiate a first-in-human Phase I clinical trial in people with Parkinson's disease in mid-2022.
CHDN

Hot Stocks

07:11 EST Churchill Downs to acquire Peninsula Pacific Entertainment for $2.485B - Churchill Downs Incorporated announced that the Company has entered into a definitive purchase agreement to acquire substantially all of the assets of Peninsula Pacific Entertainment for total consideration of $2.485B. CDI will acquire all of P2E's assets in Virginia and New York as well as the operations of its Sioux City casino property. The P2E Transaction is dependent on usual and customary closing conditions, including the Company obtaining approvals from the Virginia Racing Commission, the New York State Gaming Commission, and the Iowa Racing and Gaming Commission. The transaction is expected to close by the end of 2022. CDI will acquire Colonial Downs Racetrack, a Thoroughbred racing facility in New Kent, Virginia, as well as six successful and growing "Rosie's Gaming Emporium" historical horse racing facilities across Virginia. Rosie's Gaming Emporium locations currently include Collinsville, Dumfries, Hampton, New Kent, Richmond and Vinton. These facilities currently have approximately 2,700 historical racing machines. The transaction significantly expands the geographic diversity of CDI's live and historical racing entertainment venues and reinforces CDI's role as a national leader in historical horse racing. CDI will acquire del Lago Resort & Casino in Waterloo, New York. del Lago is a 96,000 sq. ft. casino with approximately 1,700 slot machines, 80 table games, a 205-room hotel, nine restaurants / bar areas, 758 covered parking spaces, a 6,000 sq. ft. sportsbook area, a 2,400-seat entertainment venue, and a 7,200 sq. ft. outdoor event venue. CDI will acquire the operations of Hard Rock Hotel & Casino in Sioux City, Iowa. Hard Rock Sioux City is a 45,000 sq. ft. casino with 639 slot machines, 20 table games, a 54-room hotel, 1,511 parking spaces with 530 covered, two live entertainment venues, a 100-piece music memorabilia collection, and a Hard Rock-branded sportsbook. Under the terms of the P2E Transaction, P2E is expected to reach a definitive agreement to sell the real property associated with Hard Rock Sioux City to a third party. CDI will acquire the operating company and lease the Sioux City Property from that third party. Following the closing, CDI will operate Hard Rock Sioux City and lease the Sioux City Property pursuant to lease terms negotiated prior to the closing. In the event P2E is unsuccessful in reaching a definitive agreement with a third party to purchase the Sioux City Property by a certain date, the Sioux City Property will be included in the P2E Transaction and the total consideration will increase to $2.75B. Under Virginia law, CDI will have the opportunity to develop up to five additional historical racing entertainment venues in Virginia with collectively up to approximately 2,300 additional HRMs. As part of the P2E Transaction, CDI will also acquire the rights to build a large gaming resort, with up to 1,800 HRMs in Northern Virginia. P2E previously announced plans to invest up to $400 million to build the initial phase of the Dumfries Project, which is scheduled to open in 2023. CDI will also acquire the rights to develop Rosie's Gaming Emporium in Emporia, the seventh historical racing entertainment venue under P2E's Colonial Downs license. The Emporia facility, located along I-95 near the North Carolina border, will have 150 HRMs and is expected to open in 2023. Also, included in the P2E Transaction are the rights to P2E's ongoing effort in partnership with Urban One, to develop ONE Casino + Resort, a $565 million destination casino in Richmond, Virginia. P2E's gaming license in the State of Louisiana, and its casino development rights in Cedar Rapids, Iowa, are not included in the transaction. The P2E Transaction purchase price represents a multiple of less than 9.0x Adjusted EBITDA. This purchase price multiple includes the incremental value from the recent opening and expansion of certain Virginia facilities and the incremental value that CDI expects to realize from the acquisition of the development rights related to historical horse racing in Virginia. For tax purposes, the acquisition will be treated as an asset purchase allowing CDI to realize incremental tax benefits which will provide additional cash flow and will enhance the overall economics of the transaction. he P2E Transaction is expected to be immediately accretive to CDI's free cash flow and diluted earnings per share. CDI will fund the P2E Transaction with a combination of new debt and cash on hand including pending proceeds from the sale of land near Calder Casino. Consolidated proforma bank covenant leverage is projected to be less than 4.2x upon completion of the P2E Transaction. As previously disclosed, the Company is planning to use the proceeds from its pending sale of land near Calder Casino to structure aspects of this acquisition as an Internal Revenue Code Section1031 transaction to defer the tax on the gain on sale.
TECH TMO

Hot Stocks

07:10 EST Bio-Techne partners with Thermo Fisher on ExoTRU test - Bio-Techne (TECH) announced an agreement with Thermo Fisher Scientific (TMO) to exclusively complete development of and commercialize the ExoTRU kidney transplant rejection test developed by Exosome Diagnostics, a Bio-Techne brand.
BGNE

Hot Stocks

07:09 EST FDA accepts sNDA for BeiGene's BRUKINSA for CLL treatment - BeiGene announced that the U.S. Food and Drug Administration, FDA, has accepted a supplemental new drug application, sNDA, for BRUKINSA or zanubrutini, for the treatment of adult patients with chronic lymphocytic leukemia CLL or small lymphocytic lymphoma SLL. CLL is the most common form of adult leukemia. The Prescription Drug User Fee Act target action date is October 22 "We are pleased with the FDA's acceptance of BRUKINSA's filing in CLL. This is an important milestone in BRUKINSA's global registration program. With superiority in investigator-assessed ORR over ibrutinib in ALPINE for relapsed or refractory patients and in PFS over chemoimmunotherapy in the SEQUOIA study for treatment-naive patients, BRUKINSA has demonstrated its potential to improve treatment outcomes for CLL patients," commented Jane Huang, M.D., Chief Medical Officer of Hematology at BeiGene. "We look forward to furthering our discussions with the FDA on this filing and the potential to bring this important treatment option to the CLL community in the U.S."
TGNA

Hot Stocks

07:09 EST Tegna to be acquired by Standard General for $24.00 per share - Tegna and Standard General announced that Tegna and an affiliate of Standard General have entered into a definitive agreement under which Tegna will be acquired by the Standard General affiliate for $24.00 per share in cash. The transaction has an equity value of approximately $5.4B and an enterprise value of approximately $8.6B, including the assumption of debt. The transaction consideration represents a premium of approximately 39% to Tegna's unaffected closing share price on September 14, 2021, the last full trading day prior to media speculation about a potential sale of Tegna, and a premium of approximately 11% to Tegna's all-time high closing price since separation from the Gannett publishing business in 2015. The transaction was unanimously approved by the Tegna board. Following the close of the transaction, Deb McDermott will become CEO and Kim will serve as chairman of a new board. McDermott currently serves as CEO of Standard Media and has more than 20 years of experience leading broadcast groups, including previously serving as COO of Media General and as CEO and president of Young Broadcasting. The transaction is subject to approval by Tegna shareholders, regulatory approvals, and other customary closing conditions, and is expected to close in the second half of 2022. Under the terms of the definitive merger agreement, in addition to receiving $24.00 per share, Tegna shareholders will receive additional cash consideration in the form of a "ticking fee" of $0.00167 per share per day if the closing occurs between the 9- and 12-month anniversary of signing, increasing to $0.0025 per share per day if the closing occurs between the 12- and 13-month anniversary of signing, $0.00333 per share per day if the closing occurs between the 13- and 14-month anniversary of signing, and $0.00417 per share per day if the closing occurs between the 14- and 15-month anniversary of signing. Following the close of the transaction, Tegna stations in Austin, Dallas and Houston are expected to be acquired by Cox Media Group from Standard General. Also after closing, Premion is expected to operate as a standalone business majority owned by Cox Media Group and Standard General. Upon completion of the transaction, Tegna will become a private company and its shares will no longer be traded on the New York Stock Exchange.
ESPR

Hot Stocks

07:09 EST Esperion sees FY22 operating expenses $220M-$240M - Research and Development expenses for the full year 2022 are expected to be $100 million to $110 million. Selling, General and Administrative expenses for the full year 2022 are expected to be $120 million to $130 million. Esperion expects full-year 2022 operating expenses to be approximately $220 million to $240 million, inclusive of $25 million of non-cash, stock-based compensation expense.
PLTR

Hot Stocks

07:08 EST Palantir announces $5.3M contract with CDC - Palantir Technologies announced it had been selected by the Centers for Disease Control and Prevention to expand its role as a trusted technology partner in the federal COVID-19 response by supporting key distribution and supply-chain efforts. The Department of Health and Human Services selected Palantir in mid-2020 to power Tiberius, the platform originally configured to support vaccine distribution. Building on its successful implementation of Tiberius, the government will be able to leverage its existing technology investment in Palantir's modular and flexible software platform to support additional workflows such as distribution of life-saving therapeutics. This contract was awarded to Palantir by the CDC for $5.3M for the duration of six months. Palantir's software empowers organizations to effectively integrate their data, decisions, and operations. It is designed to scale with increasing complexity, making it particularly suited to bring data-driven solutions to some of the world's most difficult problems, including management of COVID-19 vaccines, pediatric vaccines, therapeutics, and more.
CIXX

Hot Stocks

07:06 EST CI Financial to acquire Corient Capital Partners, terms not disclosed - CI Financial announced an agreement under which CI will acquire Corient Capital Partners, a Newport Beach-based wealth management firm overseeing $5B on behalf of ultra-high-net-worth individuals and families across the United States. The transaction is expected to close in the second quarter of 2022, subject to regulatory approvals and other customary closing conditions.
LPX

Hot Stocks

07:03 EST Louisiana-Pacific sees FY22 CapEx $400M-$430M
CARR

Hot Stocks

07:03 EST Carrier updates medium-term value creation framework ahead of investor day - Carrier Global is hosting its 2022 investor day at the Center for Intelligent Buildings, beginning at 8:30 a.m. ET. In conjunction with the announcement, the company is updating its medium-term value creation framework. The company expects organic sales up 6%-8%. Expects annual gross cost productivity up 2%-3%. Expects adjusted operating margin expansion of more than 50 bps per year. Expects double-digit growth in adjusted EPS. Expects free cash flow conversion of 100%.
M

Hot Stocks

06:57 EST Macy's announces new $2B share repurchase program, raises dividend 5% - The company reinstated its regular quarterly dividend in 2021 and reported its board of directors declared a regular quarterly dividend of 15.75c per share on Macy's common stock, an increase of approximately 5%. The dividend is payable on April 1 to shareholders of record at the close of business on March 15. The company successfully completed its $500M share repurchase program in the fourth quarter of 2021, and in total repurchased approximately 20.5M shares during the year. The company's board of directors has authorized a new, open-ended $2B share repurchase program.
DDS

Hot Stocks

06:55 EST Dillard's sees 2022 CapEx $150M from $104M in 2021
LLY

Hot Stocks

06:54 EST Eli Lilly launches Institute for Genetic Medicine, invests $700M in Boston site - Eli Lilly announced the launch of the Lilly Institute for Genetic Medicine and an investment of approximately $700M to establish a facility at a new site in the Boston Seaport. This investment builds on the 2020 acquisition and expansion of Prevail Therapeutics, a gene therapy pioneer based in New York City. Working together, researchers in both Boston and New York will leverage promising RNA and DNA-based technologies to develop therapies with the potential to treat or prevent diseases in a manner that is challenging or not possible with traditional medicines. Within five years, Lilly projects the Boston site will grow from 120 to more than 250 research biologists, chemists, data scientists and other experts in genetic medicine, while the New York site will grow to include up to 200 scientists - all employed by Lilly. The Institute will be headquartered in 334,000 square feet of leased space in a 12-story building, developed and operated by Alexandria Real Estate Equities, Inc., in the rapidly expanding Seaport district of Boston. Occupancy of the new site is scheduled for 2024.
IGT

Hot Stocks

06:49 EST IGT Global Solutions signs three-year contract extension with Missouri Lottery - International Game announced that its subsidiary, IGT Global Solutions, has signed a three-year contract extension with long-time partner, the Missouri Lottery, which extends the existing agreement until June 30, 2025. As part of this agreement, IGT will deploy 175 new cashless GameTouch 28 self-service vending machines, expanding the Lottery's retailer base and allowing for a more dynamic user experience among players. IGT will also support the Lottery's launch of IGT's highly proprietary Cash Pop draw game.
QS

Hot Stocks

06:46 EST QuantumScape expands to Asia-Pacific Region with Nnw R&D Center in Japan - QuantumScape announced its expansion into the Asia-Pacific region with an office in Kyoto, Japan. The new property will feature a state-of-the-art laboratory for battery research and development. QuantumScape is developing solid-state lithium-metal battery technology that is designed to deliver a combination of high energy density, or driving range, coupled with fast charging capabilities that are difficult to achieve with conventional lithium-ion battery chemistries. The company has a close partnership with Volkswagen Group and has established agreements with two other major global automakers.
TPX

Hot Stocks

06:43 EST Tempur Sealy increases quarterly dividend to 10c per share - Tempur Sealy announced that its board of directors has declared a first quarter cash dividend on its common stock of 10c per share. The dividend is payable on March 22 to shareholders of record as of March 8.
HLX

Hot Stocks

06:39 EST Helix Energy sees improved operating cash flows in 2023 vs. 2022 - Maintenance CapEx anticipated to be approximately $40M annually beyond 2022. Expects to continue anticipated momentum from second half 2022 into 2023.
INFU

Hot Stocks

06:39 EST InfuSystem announces national distribution agreement with Solo-Dex - InfuSystem announced a national distribution agreement with Solo-Dex for its proprietary continuous nerve block catheters.
HLX

Hot Stocks

06:38 EST Helix Energy sees FY22 CapEx $40M-$50M - The company expects 2022 to be a transition year, and sees an improving macro backdrop and increasing commodity prices as it continues to recover from the pandemic. Helix sees Q1 as the most challenging, with five vessels scheduled for regulatory maintenance during the quarter, the Siem Helix 1 on low rates, and the seasonally slow North Sea with limited utilization on both North Sea intervention vessels. Comments taken from Q4 earnings conference call presentation slides.
VNT

Hot Stocks

06:37 EST Vontier announces $250M accelerated share repurchase agreement - Vontier announced that it has entered into a $250M accelerated share repurchase agreement with Citibank. Vontier will acquire the shares as part of its previously approved $500M share repurchase authorization announced in May 2021.
AL BA

Hot Stocks

06:36 EST Air Lease announces placements for nine new Boeing 737 aircraft - Air Lease (AL) announced long-term lease placements for nine new Boeing (BA) 737 aircraft with Corendon Airlines Group. Five new 737-8 aircraft are confirmed to deliver to Corendon Airlines in Spring 2022 and one new 737-8 will deliver to the Turkish airline in the first quarter of 2023. Corendon Airlines Group will lease three new 737-9 aircraft that are scheduled to deliver to the airline starting in the first half of 2023. All nine 737 aircraft will deliver from ALC's orderbook with Boeing.
SOFI

Hot Stocks

06:28 EST SoFi Technologies: Technisys acquisition to accelerate three-year revenue CAGR - The acquisition will also add to the high revenue growth rate of SoFi and accelerate its three-year revenue CAGR. Together, the companies can better serve Galileo's consumer fintech and enterprise partners seeking to add product offerings to their 89 million enabled customer accounts across the U.S., Mexico and Colombia, and Technisys' more than 60 established bank, fintech, and non-financial brands in Latin America and the U.S., while expanding both companies' partner bases in the U.S. and an addressable market across 16 countries. The estimated incremental revenue from the acquisition, including base revenue of Technisys and revenue synergies of the vertically integrated capabilities, is expected to add a cumulative $500 to $800 million through year-end 2025, at high incremental margins. SoFi also expects to leverage this modern technology stack to capture significant savings in third-party costs by integrating Technisys. Once SoFi has migrated off its current multiple third-party cores to a single owned and operated Technisys core, it expects to be able to innovate even faster, perform more real-time decisioning, and offer greater personalization for its more than three million members. SoFi estimates this shift and the vertical integration with Galileo will create approximately $75 to $85 million in cumulative cost savings from 2023 to 2025 and approximately $60 to $70 million annually thereafter. Technisys' revenue growth is accelerating and is on track to deliver approximately $70 million in revenue for calendar-year 2021 on an unaudited IFRS basis. The acquisition is expected to deliver to SoFi a mid-teens internal rate of return on a standalone basis through 2025, with significant upside in the IRR when accounting for anticipated revenue and cost synergies.
AGR

Hot Stocks

06:22 EST Avangrid announces senior executive appointments - Avangrid announced several senior executive appointments. Kyra Patterson is appointed Senior VP & Chief Human Resources Officer. Patterson, who joined Avangrid in 2017, has held a series of roles of increasing responsibility, most recently overseeing Labor and Employee Relations, HR Policy and Compliance as well as HR Shared Services. Prior to Avangrid, she served as the Head of HR for HAI Group, held various HR leadership roles at Diageo North America as well as HR positions at Sears, International Paper and the Ohio State Medical Center. Patricia Cosgel is appointed Interim CFO effective February 24. Cosgel most recently served as VP of Investor Relations. She joined Avangrid from UIL Holdings in 2015 after the merger with Iberdrola USA where she was VP and Treasurer. As announced in January, Doug Stuver, the current CFO, will be leaving the company. Dave Labelle is appointed to the newly created role of Chief Administrative Officer. Labelle, who joined Avangrid in 2017, was most recently VP of Environmental Health and Safety. Prior to joining Avangrid, Labelle held a number of leadership and management positions with companies such as SunEdison, National Grid, General Electric, Dresser and CertainTeed. Alvaro Ortega is appointed VP of Finance reporting to Cosgel. Ortega most recently served as the CFO of Vineyard Wind, the first commercial scale offshore wind farm in the U.S. Nacho Arronte is promoted to VP and Chief Risk Officer with responsibility for the company's risk registry and monitoring. Arronte joined Avangrid in 2010 and served in several energy trading roles before joining the Risk team in 2019 as a Senior Director. Patterson, Cosgel and Labelle will report directly to Arriola and join the Company's Management Committee.
HMHC

Hot Stocks

06:21 EST Houghton Mifflin to be acquired by Veritas Capital for $21.00 per share - Houghton Mifflin announced that it has entered into a definitive merger agreement with certain affiliates of Veritas Capital, a private investment firm, for the acquisition of the company. Pursuant to the terms of the agreement, HMH shareholders will be entitled to receive $21.00 in cash per share through a tender offer. The per share purchase price represents a 36% premium to the company's unaffected share price as of January 13 and implies an equity value of approximately $2.8B. The agreement was unanimously approved by HMH's board of directors. The transaction is expected to be completed in Q2, subject to receipt of requisite regulatory approvals and satisfaction of customary closing conditions.
VWAGY POAHY

Hot Stocks

06:20 EST Volkswagen in advanced talks over Porsche IPO - Volkswagen (VWAGY) and Porsche Automobil Holding SE (POAHY) are currently in advanced discussions regarding a potential IPO of Dr. Ing. h.c. F. Porsche AG, the companies said in a statement. For this purpose, Volkswagen AG and Porsche Automobil Holding SE negotiated a Framework Agreement which should form the basis for further steps in the preparation of a potential IPO of Dr. Ing. h.c. F. Porsche AG. The conclusion of the Framework Agreement is subject to the approval of the Management Board and the Supervisory Board of Volkswagen AG. A final decision have not yet taken. Whether a Framework Agreement is concluded and its content as well as the question if an IPO of Dr. Ing. h.c. F. Porsche is being further assessed, is currently open and depends on the approval of both parties' boards, they said. Reference Link
HTGC

Hot Stocks

06:19 EST Hercules Capital announces new supplemental cash distribution of 60c per share - Hercules Capital is pleased to announce that its Board of Directors has declared a new supplemental cash distribution of 60c per share, to be distributed equally over four quarters beginning with a 15c per share distribution for the fourth quarter of 2021.
ICLR

Hot Stocks

06:17 EST Icon announces $100M share repurchase program
CGAU

Hot Stocks

06:17 EST Centerra Gold acquires Goldfield District development project in Nevada - Centerra Gold has entered into a definitive agreement whereby Centerra, through its subsidiary Centerra U.S., will acquire 100% of Gemfield Resources, owner of the Goldfield District Project from Waterton Nevada Splitter, for $206.5M - S$175M in cash at closing plus a $31.5M future milestone payment payable in cash or Centerra shares. Goldfield is a conventional open-pit, heap leach project in late-stage development, located in a Tier 1 mining jurisdiction. Centerra believes that the project has significant upside potential from its large, underexplored land position in an established mining area in Nevada that has produced more than 4 million ounces of gold historically. Goldfield is anticipated to add meaningful future low-cost production to Centerra with a conventional open-pit heap leach mine with expected low capital intensity, similar to that of our operational Oksut Mine in Turkey. The acquisition provides an anchor asset that can act as a foothold for further opportunities in the United States. Centerra currently has five active exploration joint ventures in the United States and six in Canada. The company plans to further refine existing technical studies undertaken to date by Waterton, with a resource estimate expected to be released in the first half of 2023 and an updated feasibility study thereafter. Centerra has identified numerous targets for drill-ready regional exploration, with the potential to expand known deposits and extend mine life.
WBX PII

Hot Stocks

06:13 EST Wallbox, Polaris announce partnership in U.S and Canada - Wallbox (WBX) and Polaris (PII) announced a new partnership in the U.S and Canada. The news follows Polaris' recent launch of its 2023 RANGER XP Kinetic which is expected to see first shipments this summer. Polaris will sell the 40 Amp version of Wallbox's best-selling charger worldwide, Pulsar Plus to make it even faster for consumers to charge their electric vehicle. The smart EV charger, which has been adapted to meet the growing needs of the US and Canadian markets, became a bestseller in just three months. Pulsar Plus is the smallest home charger on the market and is compatible with all EVs. Pulsar Plus 40 Amp is especially suitable for off-road vehicles, as its NEMA plug allows for more flexibility for farm and rural charging locations.
HD

Hot Stocks

06:13 EST Home Depot reports Q4 comparable sales up 8.1% - Reports Q4 U.S. comparable sales up 7.6%
CVNA

Hot Stocks

06:13 EST Carvana opens new facility in Atlanta - Carvana announced the official opening of its new campus in Atlanta, Georgia. The new Atlanta facility becomes one of Carvana's largest locations, currently employing more than 1,500 team members in Georgia. Carvana plans to bring an additional 3,500 jobs to the area in the next several years as the company continues scaling its operations. Carvana launched in Atlanta in January 2013 at the High Museum of Art and sold its first car in Georgia.
BV

Hot Stocks

06:12 EST BrightView acquires Intermountain Plantings, terms not disclosed - BrightView Holdings announced the acquisition of Intermountain Plantings, a commercial landscaping company headquartered in Salt Lake City. Terms of the transaction were not disclosed.
HD

Hot Stocks

06:11 EST Home Depot increases quarterly dividend 15% to $1.90 per share - The company announced that its board of directors approved a 15% increase in its quarterly dividend to $1.90 per share, which equates to an annual dividend of $7.60 per share. The dividend is payable on March 24 to shareholders of record on the close of business on March 10.
NWN

Hot Stocks

06:10 EST Northwest Natural Gas acquires two utilities in Southern Texas - Northwest Natural Holding's wholly-owned subsidiary NW Natural Water signed two agreements to acquire utilities in Southeast Texas, expanding the company's footprint in the region. NW Natural Water subsidiaries have executed agreements to acquire assets of Water Necessities & Rural Water near Beaumont, Texas and Caney Creek Utilities in Montgomery, Texas. The acquisitions are subject to customary closing conditions, including approval by the Public Utility Commission of Texas, and are expected to close in 2022. When all pending acquisitions close, NW Natural Water will serve over 145,000 people through approximately 60,000 connections in Oregon, Washington, Idaho, Texas and Arizona.
HITI

Hot Stocks

06:07 EST High Tide launches cannabis delivery on demand in select locations in Canada - High Tide announced that it has launched cannabis delivery on demand in select Canna Cabana retail locations across Canada. Under the new program, customers will be guaranteed delivery of all online orders from participating stores within two hours of their order being placed, or any hourly slot chosen by the customer between 12:00pm and 8:00pm outside of the two hour window. Under this premium delivery program, customers will be charged a C$9.99 delivery fee, with no minimum purchase required. After an initial launch at select locations in Ontario, Manitoba, and Saskatchewan, the company intends to expand the program to cover all locations under the Canna Cabana banner across Canada, including in Alberta where private delivery is set to launch on March 8, as per guidance received from the provincial regulator.
RBB

Hot Stocks

06:07 EST RBB Bancorp CEO Alan Thian to take leave of absence, Morris named interim CEO - RBB Bancorp announced that President and CEO Alan Thian will take a leave of absence, effective immediately, pending an internal investigation being conducted by a special committee of the RBB Board of Directors. The RBB Board of Directors has appointed David Morris, Executive Vice President and CFO, as Interim President and CEO. Morris will continue in his role as CFO.
VRSK TRU

Hot Stocks

06:04 EST Verisk Analytics sells Verisk Financial Services to TransUnion for $515M in cash - Verisk (VRSK) announced that it has entered into a definitive agreement to sell Verisk Financial Services, its financial services business unit, to TransUnion (TRU) for $515M in cash consideration paid at closing. In 2021, on a reported basis Verisk Financial generated $143M in revenue and $23M in adjusted EBITDA. At the business unit level, Verisk Financial generated $41M in adjusted EBITDA before corporate allocations and one-time discrete costs. Verisk intends to return the after-tax proceeds to shareholders through share repurchases. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second quarter.
SOFI

Hot Stocks

06:02 EST SoFi Technologies to acquire Technisys for $1.1B - SoFi Technologies announced that it has entered into a definitive merger agreement to acquire Technisys, a cloud-native, digital multi-product core banking platform. Technisys' shareholders will receive aggregate consideration of approximately 84M shares of SoFi common stock, less than 10% of SoFi's fully diluted share count as of September 30, 20211, subject to customary adjustments set forth in the Merger Agreement. These shares have an aggregate value of approximately $1.1B based on the volume weighted average price of SoFi common stock for the 20-trading day period ended February 15, 2022. The transaction is expected to close by the second quarter of 2022, subject to the satisfaction of closing conditions.
GB

Hot Stocks

05:59 EST Global Blue acquires minority share in Toshi, terms undisclosed - Global Blue has acquired a minority share in Toshi. Toshi has proprietary SaaS technology that enables brands to offer a concierge-style service directly to the customer's destination of choice. The e-commerce solution integrates into all major platforms and the in-store interface can be activated via an app or incorporated into the brand's existing clienteling software. Toshi joins Global Blue's network of RetailTech investments as part of its omnichannel expansion. As part of the deal, Tomas Mostany, SVP strategy and chief product officer at Global Blue, will join Toshi's executive board.
APA

Hot Stocks

05:38 EST APA Corp. sees FY22-FY24 capital investment $5B - The company said, "Based on the current pricing outlook, in 2022, APA plans to invest $1.6 billion in upstream oil and gas capital, which includes approximately $200 million dedicated to exploration and appraisal activities, primarily in Suriname. In aggregate, capital investment will approximate $5 billion from 2022 to 2024. This capital spend should return the company to around 2019, pre-Covid production levels on an adjusted basis in 2024."
HON AZN

Hot Stocks

05:17 EST Honeywell, AstraZeneca partner to develop respiratory inhalers - Honeywell (HON) announced a commercial partnership with AstraZeneca (AZN) to develop and bring to market next-generation respiratory inhalers that use near-zero global warming potential, or GWP, propellants to treat asthma and chronic obstructive pulmonary disease, or COPD. AstraZeneca is working to incorporate Honeywell's Solstice Air technology as a medical propellant, reducing the greenhouse gas emissions of the pMDIs by up to 99.9% when compared to current inhaler propellants. Solstice Air is the only non-flammable, near zero GWP propellant available and in clinical development today for pMDIs. AstraZeneca will advance a commercial partnership with Honeywell to develop their triple-combination therapy, Breztri Aerosphere, using Honeywell's near-zero GWP propellant technology.
HL

Hot Stocks

05:09 EST Hecla Mining sees FY22 silver production 12.9M-13.5M ounces - Sees FY22 gold production 125.000-132,000 ounces. Sees FY22 capital expenditures $135M.