Stockwinners Market Radar for March 01, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

F

Hot Stocks

20:24 EST Ford to make announcement about Ford+ plan for growth tomorrow - The company states: "Significant additional execution of the company's Ford+ plan for growth and value creation will be the topic of a news conference tomorrow (Wednesday) at 8 a.m. EST featuring Ford President and CEO Jim Farley and other senior leaders."
SCVX

Hot Stocks

19:42 EST SCVX Corp. transfers listing to NYSE American - SCVX Corp "announced that it will transfer its listing from the New York Stock Exchange to the NYSE American. The company's decision to transfer to the NYSE American was driven by a number of factors, including more favorable thresholds for continued listing."
SABS

Hot Stocks

19:41 EST SAB Biotherapeutics publishes data on SAB-185 potency in COVID variants - SAB Biotherapeutics "announced the publication of nonclinical data from a study conducted in collaboration with the Food and Drug Administration's Center for Biologics Evaluation and Research Division of Viral Products highlighting that SAB-185 effectively neutralizes multiple SARS-CoV-2 strains and that it is superior to convalescent plasma in neutralizing COVID variants. SAB-185, a fully-human, specifically targeted, broadly neutralizing polyclonal antibody candidate for the treatment of high-risk non-hospitalized patients with mild to moderate COVID-19, is currently being assessed in the US National Institutes of Health COVID-19 Phase 3 ACTIV-2 Trial."
XOM

Hot Stocks

19:16 EST Exxon Mobil planning hydrogen production, carbon capture site in Baytown, Texas - ExxonMobil said it is planning a hydrogen production plant and one of the world's largest carbon capture and storage projects at its integrated refining and petrochemical site at Baytown, Texas, supporting efforts to reduce emissions from company operations and local industry. "Hydrogen has the potential to significantly reduce CO2 emissions in vital sectors of the economy and create valuable, lower-emissions products that support modern life," said Joe Blommaert, president of ExxonMobil Low Carbon Solutions. "By helping to activate new markets for hydrogen and carbon capture and storage, this project can play an important part in achieving America's lower-emissions aspirations." The proposed hydrogen facility would produce up to 1 billion cubic feet per day of "blue" hydrogen, which is an industry term for hydrogen produced from natural gas and supported by carbon capture and storage. The carbon capture infrastructure for this project would have the capacity to transport and store up to 10 million metric tons of CO2 per year, more than doubling ExxonMobil's current capacity.
FFIE

Hot Stocks

19:16 EST Faraday Future names Becky Roof as interim CFO - Faraday Future announced the appointment of Becky Roof as interim CFO, and the engagement of AlixPartners, LLP. Effective immediately, Ms. Roof will replace Walter J. McBride, who has stepped down from his position for health reasons.
XOM

Hot Stocks

19:04 EST Exxon Mobil halts operations at Sakhalin-1, won't make new investments in Russia - ExxonMobil issued the following statement regarding the situation in Ukraine: "ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation. We deplore Russia's military action that violates the territorial integrity of Ukraine and endangers its people. We are deeply saddened by the loss of innocent lives and support the strong international response. We are fully complying with all sanctions. ExxonMobil operates the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies. In response to recent events, we are beginning the process to discontinue operations and developing steps to exit the Sakhalin-1 venture. As operator of Sakhalin-1, we have an obligation to ensure the safety of people, protection of the environment and integrity of operations. Our role as operator goes beyond an equity investment. The process to discontinue operations will need to be carefully managed and closely coordinated with the co-venturers in order to ensure it is executed safely. Given the current situation, ExxonMobil will not invest in new developments in Russia."
XOM

Hot Stocks

19:04 EST Exxon Mobil halts operations at Sakhalin-1, won't make new investments in Russia - ExxonMobil issued the following statement regarding the situation in Ukraine: "ExxonMobil supports the people of Ukraine as they seek to defend their freedom and determine their own future as a nation. We deplore Russia's military action that violates the territorial integrity of Ukraine and endangers its people. We are deeply saddened by the loss of innocent lives and support the strong international response. We are fully complying with all sanctions. ExxonMobil operates the Sakhalin-1 project on behalf of an international consortium of Japanese, Indian and Russian companies. In response to recent events, we are beginning the process to discontinue operations and developing steps to exit the Sakhalin-1 venture. As operator of Sakhalin-1, we have an obligation to ensure the safety of people, protection of the environment and integrity of operations. Our role as operator goes beyond an equity investment. The process to discontinue operations will need to be carefully managed and closely coordinated with the co-venturers in order to ensure it is executed safely. Given the current situation, ExxonMobil will not invest in new developments in Russia."
NOW

Hot Stocks

18:48 EST ServiceNow COO Desai sells 5,000 common shares - In a regulatory filing, ServiceNow COO Chirantan Jitendra Desai disclosed the sale of 5,000 common shares of the company on February 28 at a price of $575.441 per share.
ELY

Hot Stocks

18:47 EST Callaway Golf to place financing transactions on hold - In an 8-K filing, the company states: "On February 17, 2022, Callaway Golf Company, a Delaware corporation, announced in connection with the presentation of certain information to prospective lenders that it was seeking to pursue an opportunistic refinancing transaction which was expected to include (a) a new senior secured term loan facility and (b) a refinancing and increase of its existing senior secured asset-based revolving credit facility. On March 1, 2022, the Company determined that the Financing Transactions would be indefinitely placed on hold due to global market conditions given the elective nature of the intended Financing Transactions. The Company may determine to pursue the Financing Transactions at a later date, at which point the terms and timing may differ materially from those previously announced."
BX

Hot Stocks

18:46 EST Blackstone director Porat acquires 5,000 common shares - In a regulatory filing, Blackstone director Ruth Porat disclosed the purchase of 5,000 common shares of the company on February 25 at a price of $126.21 per share.
CDLX

Hot Stocks

18:40 EST Cardlytics CFO says can exceed long-term growth target in FY22 - CFO Andy Christiansen says: "For the year, our expectation is that a consistent, broad recovery across all verticals would enable us to exceed our expected long-term growth rate target of 30%. We are confident that we have a strong business model and we believe that the steps we are taking to expand our range of offerings and addressable markets will prove to be highly beneficial to us, our bank partners and their customers."
CDLX

Hot Stocks

18:39 EST Cardlytics reports Q4 MAUs up 7.2% - The company's Q4 metrics include: "Cardlytics MAUs in the quarter were 175.4M, an increase of 7.2%, compared to 163.6M in the fourth quarter of 2020. Cardlytics ARPU in the quarter was $0.49, an increase of 19.5%, compared to $0.41 in the fourth quarter of 2020. Bridg ARR was $15.3 million in the fourth quarter of 2021, compared to $12.7 million in the third quarter of 2021."
CRM

Hot Stocks

18:37 EST Salesforce co-CEO: We had an amazing Q4, maybe the best quarter ever - In an interview on CNBC's Mad Money, Marc Benioff said Salesforce exceeded all its expectations during Q4, with operating margins at record levels. Customers' digital transformation is driving growth, he noted.
BYD

Hot Stocks

18:30 EST Boyd Gaming EVP Thompson sells 16,186 common shares - In a regulatory filing, Boyd Gaming executive VP Stephen Thompson disclosed the sale of 16,186 common shares of the company on February 25 at a price of $68.522 per share.
ABT

Hot Stocks

18:29 EST Abbott Nutrition expands recall of powdered infant formula products - The FDA, along with CDC and state and local partners are investigating consumer complaints and/or reports of infant illness related to products from Abbott Nutrition's Sturgis, MI facility. All of the ill patients are reported to have consumed powdered infant formula produced from Abbott Nutrition's Sturgis, MI facility. As of February 28, CDC has announced one additional illness of Cronobacter sakazakii with exposure to powdered infant formula produced at Abbott Nutrition's Sturgis, MI facility. Cronobacter infection may have been a contributing cause of death for this patient. In total, this investigation includes four reports of Cronobacter sakazakii infections in infants (three from FDA complaints and one from a CDC case finding) and one complaint of a Salmonella Newport infection in an infant. All five (four Cronobacter infections and one Salmonella Newport infection) illnesses resulted in hospitalization and Cronobacter may have contributed to death in two patients. The most recent patient was reported to have consumed Abbott Nutrition's Similac PM 60/40 product with the lot code 27032K800 prior to Cronobacter sakazakii infection. FDA and CDC informed the firm of these findings and on February 28, 2022, Abbott Nutrition voluntarily recalled Similac PM 60/40 powdered infant formula with the lot code 27032K800. This is a specialty formula for certain infants who would benefit from lowered mineral intake and was not included in the previous recall. At this time, Similac PM 60/40 with lot code 27032K80 (can) / 27032K800 (case) are the only type and lots of this specialty formula being recalled. This particular lot of Similac PM 60/40 was distributed to the U.S. and Israel. If your regular formula is not available, contact your child's healthcare provider for recommendations on changing feeding practices. The FDA is advising consumers not to use recalled Similac, Alimentum, or EleCare powdered infant formulas. Recalled products can be identified by the 7 to 9 digit code and expiration date on the bottom of the package. Reference Link
TTEC

Hot Stocks

18:06 EST TTEC Holdings delays 10-K filing due to compilation difficulties - In a regulatory filing, TTEC Holdings said that its Form 10-K for the year ended December 31, 2021 could not be filed within the prescribed time period without unreasonable effort or expense due to difficulties in compiling and finalizing financial information and disclosures relating to a significant subsidiary, Avtex Solutions Holdings, LLC, that the Registrant acquired in the second quarter of 2021. The company intends to file the Form 10-K for the year ended December 31, 2021 prior to the end of the 15-day extension period provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. The company does not anticipate changes to the financial results reported in its press release issued on March 1, 2022.
XL

Hot Stocks

18:00 EST XL Fleet receives SEC subpoena related to XL Hybrids deal - In a regulatory filing, XL Fleet said it has received requests for information including a subpoena, from the Securities and Exchange Commission related to, among other things, the company's business combination with XL Hybrids, Inc. and the related PIPE financing, the company's sales pipeline and revenue projections, purchase orders, suppliers, CARB approvals, fuel economy from our Power Drive products, customer complaints, and disclosures and other matters in connection with the foregoing. According to the subpoena, the investigation is a fact-finding inquiry and does not mean that the SEC has concluded that there is a violation of the law. "We intend to provide the requested information and cooperate fully with the SEC investigation," the company said.
AMC

Hot Stocks

17:58 EST AMC sees 2022 results heavily weighted towards second half of the year - In announcing the quarterly results, Adam Aron, Chairman and CEO of AMC Entertainment said, "AMC's fourth quarter 2021 results represent our strongest quarter in two full years, with positive Adjusted EBITDA of almost $160 million, Operating Cash Generated of more than $220 million and finishing 2021 with a record year-ending liquidity position of more than $1.8 billion. Our positive recovery glide path from the global pandemic continued in earnest in the fourth quarter. While not yet where we want to be, our progress is substantial and unmistakable. The quarter offered moviegoers a more robust and appealing film slate that culminated with the exclusive theatrical release of the now third-highest grossing movie of all-time, SPIDERMAN: NO WAY HOME, despite having been released at the height of Omicron fears. AMC took advantage of the robust fourth quarter film slate, pent-up consumer demand, and a bold advertising campaign, among other important marketing initiatives, to attract some 60 million visitors to our theatres around the world during the fourth quarter. That was a seven-fold increase over the fourth quarter of 2020, and a 50% increase compared to the third quarter of 2021." Aron concluded, "The fourth quarter of 2021 proved once again that moviegoers want to see movies in theatres. We are quite bullish that for the full calendar year of 2022 the industry box office could be nearly double that of 2021, with COVID impacts easing, with more and more major films on the docket for release, and with most major studios coalescing around an exclusive theatrical window of 45 days or more. Bookings are very strong for THE BATMAN which opens this weekend, and we have movies like TOP GUN: MAVERICK, JURASSIC WORLD DOMINION, BLACK PANTHER: WAKANDA FOREVER, AVATAR 2 and many others that will excite us all this year. We should point out, however, that the box office pacing and our results in 2022 are expected to be heavily weighted towards the second half of the year. The January and February domestic industry box office numbers are already known. While they are more than quintuple that of last year, they are nonetheless well short of pre-pandemic numbers. While no one has a perfect crystal ball, it would seem that more blockbuster activity likely will come starting in the spring and summer of 2022, continuing through yearend."
MA

Hot Stocks

17:52 EST MasterCard provides update on Russia, Ukraine exposure - In a regulatory filing, MasterCard said, "In response to the invasion of Ukraine, and pursuant to the actions taken by governments around the world in response, Mastercard is working to comply with all required restrictions. Our first priority is the well-being of our employees and their families. We are also actively monitoring the stability and security of our operations. While our global business fundamentals remain strong, Russia and Ukraine are important contributors to our overall company net revenues. As a point of reference, in 2021, about 4% of our net revenues were derived from business conducted within, into and out of Russia, and similarly approximately 2% of our net revenues were related to Ukraine. Given the rapidly changing developments in these markets, we continue to monitor and assess the impact of current and potential future actions of governments and others on our operations, including potential balance sheet and settlement-related exposures."
SPGI...

Hot Stocks

17:36 EST S&P Dow Jones says no Russian stocks to be added to indices - S&P DJI has determined that effective immediately and until further notice, no equity securities listed and/or domiciled in Russia (including ADR/GDRs) will be added to indices, even where such securities are otherwise eligible. For the avoidance of doubt, this halt on additions applies to Initial Public Offerings and Direct Listings, and to securities that meet the index-specific eligibility criteria for addition as part of a scheduled rebalancing. Similarly, S&P DJI will not delete equity securities listed and/or domiciled in Russia, even where the index-specific methodology would otherwise require this. However, this halt does not apply to security deletions that may be announced in relation to sanctions. Furthermore, for Capped Market Capitalization and Non-Market Capitalization Weighted Indices undergoing a scheduled rebalancing, S&P DJI will freeze the Additional Weight Factor for current member securities listed and/or domiciled in Russia (including ADR/GDRs) until further notice.
URBN

Hot Stocks

17:35 EST Urban Outfitters CEO says Q1 SSS to rise mid-teens - CEO Richard Hayne says: "We've been pleasantly surprised by the resilience of the consumer given the headwinds of surging inflation, the remnants of COVID-related restrictions and a stock market correction. These opticals have pushed consumer sentiment to decade lows, but we see continued strength in our customer spending happens. Our customers are anxious for a return to normal life and they're shopping to support that goal. They want to be out and about with family and friends, traveling, dining out and going to entertainment venues. Fashion and newness are resonating more than price and driving strong full price sales of dresses, shoes, including heels, pants and bus, although comparisons get more difficult throughout the quarter as we begin to lap some of the stronger months of last year. Given customer reaction to our spring assortments, we believe total company comp sales can increase in the mid-teens for the quarter." Comments taken from Q4 earnings conference call.
SPY SPX

Hot Stocks

17:34 EST S&P Dow Jones says no Russian stocks to be added to indices - S&P DJI has determined that effective immediately and until further notice, no equity securities listed and/or domiciled in Russia (including ADR/GDRs) will be added to indices, even where such securities are otherwise eligible. For the avoidance of doubt, this halt on additions applies to Initial Public Offerings and Direct Listings, and to securities that meet the index-specific eligibility criteria for addition as part of a scheduled rebalancing. Similarly, S&P DJI will not delete equity securities listed and/or domiciled in Russia, even where the index-specific methodology would otherwise require this. However, this halt does not apply to security deletions that may be announced in relation to sanctions. Furthermore, for Capped Market Capitalization and Non-Market Capitalization Weighted Indices undergoing a scheduled rebalancing, S&P DJI will freeze the Additional Weight Factor for current member securities listed and/or domiciled in Russia (including ADR/GDRs) until further notice.
PLBY

Hot Stocks

17:20 EST PLBY Group delays filing 10-K, to report material weakness in internal reporting - PLBY Group "is unable to file, without unreasonable effort and expense, its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 within the prescribed time period because the Company has experienced unexpected delays in completion of its financial statements and related disclosures for the year ended December 31, 2021 due to the integration of multiple acquisitions in 2021 and the implementation of newly applicable accounting standards, and the substantial amount of internal resources required in connection therewith. In addition, the Company's management is also in the process of assessing the effectiveness of the Company's internal control over financial reporting and its disclosure controls and procedures. Although the assessment is not yet complete, the Company expects to report material weaknesses in the Company's internal control over financial reporting. Management expects to recommend to the audit committee of the Company various measures intended to remediate and improve the Company's internal control over financial reporting."
FNCH

Hot Stocks

17:16 EST Finch Therapeutics pauses enrollment in PRISM4 trial - Finch Therapeutics announced that it has paused enrollment in PRISM4, its Phase 3 clinical trial of CP101 in recurrent C. difficile infection, or CDI, following receipt of a clinical hold letter from the FDA on February 24, requesting additional information about Finch's SARS-CoV-2 donor screening protocols.
HESM

Hot Stocks

17:16 EST Hess Midstream backs FY22 adjusted EBITDA view $970M-$1B - Backs FY22 net income view $630M-$660M.
MIRO

Hot Stocks

17:16 EST Miromatrix Medical names Jim Douglas as new CFO - Miromatrix Medical announced the appointment of Jim Douglas as the company's new CFO effective March 1. As CFO, Jim will lead Miromatrix's finance organization and oversee all financial activities of the corporation. Douglas will succeed Brian Niebur, who will continue to serve Miromatrix as the Vice President of Finance. Douglas joins the Miromatrix team with over 25 years of relevant work experience in investment banking, industry, and public accounting. Since 2005, Jim worked at Piper Sandler in the healthcare investment banking group, advising biotechnology and medical technology companies on M&A and financing transactions, as well as providing a broad range of strategic guidance.
HESM

Hot Stocks

17:16 EST Hess Midstream backs Q1 adjusted EBITDA view $235M-$245M - Backs Q1 net income view $150M-$160M.
META FB

Hot Stocks

17:15 EST Instagram debuts auto-generated captions for videos - "The company said earlier, in a tweet: "We're excited to share auto-generated captions for IG Feed videos. Adding captions makes Instagram more accessible for those in the deaf/hard-of-hearing communities. You will have the option to turn captions on (or off). Available in 17 languages, with more to come." Reference Link
LECO

Hot Stocks

17:12 EST Lincoln Electric acquires Kestra, terms undisclosed - Lincoln Electric announced that it has acquired Kestra Universal Soldas, Industria e Comercio, Importacao e Exportacao, a privately held manufacturer headquartered in Atibaia, Sao Paulo State, Brazil. Kestra manufactures and provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products commonly used in mining, steel, agricultural and industrial mill applications.
MRTN

Hot Stocks

17:05 EST Marten Transport increases quarterly cash dividend 50% to 6c per share - Marten Transport announced that its board of directors has declared a 50% increase in the company's regular quarterly cash dividend to 6c per share of common stock from 4c per share, beginning with the dividend payable on March 31 to stockholders of record at the close of business on March 17.
VRSK

Hot Stocks

17:04 EST Verisk Analytics acquires Opta, terms undisclosed - Verisk announced it has acquired Opta, a provider of property intelligence and technology solutions. The acquisition further expands Verisk's footprint in the Canadian market and supports Opta in reshaping risk management with business intelligence.
SGMS

Hot Stocks

17:03 EST Scientific Games to transform into 'Light & Wonder' - Scientific Games will now do business as Light & Wonder, a game company singularly focused on creating great games and leveraging technology to enable a seamless player experience across all platforms. As part of this transformation, the company's new website featuring iGaming and land-based casino products, technology and services will now be lnw.com. This new portal to the company offers an exciting look at player favorite games, as well as platforms, systems, player account management and hardware. Light & Wonder will operate under an assumed name until a legal name change is complete in Spring 2022. At that time, the company intends to start trading under a new stock ticker it has reserved, "LNW."
SBSI

Hot Stocks

17:01 EST Southside Bancshares announces 1M share repurchase program - Southside Bancshares announced that its Board of Directors has authorized a Stock Repurchase Plan, under which the company may repurchase, from time to time, up to 1M shares of its outstanding common stock.
ROST

Hot Stocks

17:00 EST Ross Stores up 8% at $96.94 after Q4 earnings beat
FNCH

Hot Stocks

17:00 EST Finch Therapeutics Group Inc trading resumes
SOFI

Hot Stocks

16:59 EST SoFi Technologies jumps 16% to $13.05 after Q4 results and guidance
WISH

Hot Stocks

16:59 EST ContextLogic delays Form 10-K filing, cites material weaknesses - ContextLogic said in a regulatory filing that it was unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the year ended December 31, 2021 by the March 1, 2022 filing deadline. The company has identified material weaknesses and is still in the process of compiling required information to complete the Form 10-K and to allow time for its independent registered public accounting firm to complete its audits of the financial statements and internal control over financial reporting, and expects to file the Form 10-K within the grace period prescribed by Rule 12b-25.
FSLR

Hot Stocks

16:58 EST First Solar drops 12% to $66.40 after FY22 revenue guidance misses estimates
JWN

Hot Stocks

16:46 EST Nordstrom expects to be in position to return cash to shareholders in 1Q22 - The company continued to navigate global supply chain disruptions throughout the quarter by accelerating receipts and investing in improved in-stock levels. Inventory levels at the end of the quarter were higher than planned, but the company expects to reduce its inventory relative to sales during the first quarter of fiscal 2022. Nordstrom continued to strengthen its financial position and reduced its leverage ratio to 3.2 times at the end of fiscal 2021. Subject to the completion of certain year-end certification requirements with its bank group, the company anticipates that it will be in a position to resume returning cash to shareholders in the first quarter of fiscal 2022.
ADV

Hot Stocks

16:40 EST Advantage Solutions announces CEO transition effective April 1 - Advantage Solutions announced Tanya Domier will retire as Advantage's chief executive officer and transition to the role of executive chair effective April 1. President and Chief Commercial Officer Jill Griffin will succeed Domier as Advantage's chief executive officer and will be named to the company's board of directors upon the transition. "In the executive chair role, Domier will serve on the board of directors and provide input and counsel to the CEO and Advantage leadership on company strategies," the company said. "As I near a decade term as CEO and after multiple years of succession planning with the board, it is time for me to pass the baton to the amazing next generation of leadership at Advantage to write the next chapter in this great company's story. "I'm so excited to watch the company I love - and its team of immensely talented, determined and passionate associates - grow and prosper under Jill's leadership and look forward to supporting the company in my new role as executive chair. I know I am leaving the company in better and more capable hands and am confident the best is yet to come for Advantage," Domier stated.
BPRN

Hot Stocks

16:40 EST Bank of Princeton announces intent to form bank holding company - The Bank of Princeton is pleased to announce its intent to form a bank holding company, subject to stockholder and regulatory approval. If approved, the Bank would become a subsidiary of Princeton Bancorp, Inc., the newly-formed bank holding company. Current stockholders of the Bank would become shareholders of the newly-formed bank holding company and current stockholders will have the same rights and ownership percentage in the new holding company as they currently have in the Bank. The holding company formation will not impact the Bank's operations. The Bank will continue to provide its full range of financial services comprised of personal and business lending and deposit services. The Bank's headquarters will remain in, and the holding company's headquarters will be located in, Princeton, New Jersey. The Bank anticipates completing the reorganization at the end of the second quarter or the beginning of the third quarter of 2022, subject to stockholder and regulatory approval.
SNDX

Hot Stocks

16:39 EST Syndax names Kate Madigan, M.D., as Chief Medical Officer - Syndax Pharmaceuticals announced the appointment of Kate Madigan, M.D., to the role of Chief Medical Officer, effective immediately. Dr. Madigan, who brings to Syndax over 20 years of clinical hematology expertise and broad experience in the design and execution of early to late-stage clinical programs across oncology and rare diseases, will lead the company's clinical development strategy. She will succeed Michael Meyers, M.D., Ph.D., who will continue with the company through June before transitioning to serve in a consulting capacity.
DIBS

Hot Stocks

16:38 EST 1stDibs names Thomas Etergino as Chief Financial Officer - 1stDibs announced it has hired Thomas Etergino as Chief Financial Officer, CFO. Etergino will succeed Tu Nguyen, who has served as the company's CFO for the last two years and will be taking on a new role outside of the company. He will join the company later this month, reporting to David Rosenblatt, Chief Executive Officer. Etergino joins 1stDibs from Vesta Healthcare, where he served as CFO for the past five years. In his role, Etergino will oversee the company's finance, accounting and analytics functions.
MPC

Hot Stocks

16:38 EST Marathon Petroleum announces 50/50 joint venture with Neste - Marathon Petroleum announced it has entered into definitive agreements to form a joint venture with Neste for Marathon's Martinez renewable fuels project. The partnership will be structured as a 50/50 joint venture with Neste expected to contribute a total of $1B, inclusive of half of the total project development costs projected through the completion of the project. MPC will continue to manage project execution and operate the facility once construction is complete. The closing of the joint venture is subject to customary closing conditions and regulatory approvals, including obtaining the necessary permits, which depend upon certification of a final Environmental Impact Report. This strategic partnership is expected to advance the current project objectives of delivering low carbon intensity fuels to support California's climate goals. MPC and Neste will leverage their complementary core competencies in the joint venture. MPC brings experience in renewable diesel facility conversion, large capital project execution, and operating expertise in the California market. Neste brings knowledge in sustainable feedstock sourcing and in renewable liquid fuels production. The joint venture reflects both partners' commitment to obtain low carbon intensity feedstocks to achieve the project objectives of providing fuels that meet the demand driven by the Low Carbon Fuel Standard.
KPTI

Hot Stocks

16:36 EST Karyopharm provides regulatory update on selinexor - Karyopharm Therapeutics provided an update on its discussions with the U.S. FDA regarding its previously planned supplemental New Drug Application submission based on the data from the Phase 3 SIENDO study evaluating selinexor as a front-line maintenance therapy following chemotherapy in patients with advanced or recurrent endometrial cancer. During a productive meeting with the FDA, the company received feedback that the current SIENDO study top-line results are unlikely to support an sNDA approval. Karyopharm and the FDA participants had differing views on the study significance and overall clinical benefit for the whole population and discussed that further exploration of patients with advanced or recurrent endometrial cancer with p53 wild-type is warranted. The Company will continue to collect and analyze the SIENDO study data and work with the FDA to explore all regulatory pathways for patients with p53 wild-type. In addition, considering the FDA's feedback, the company intends to initiate a new placebo-controlled, randomized clinical study of selinexor in patients with p53 wild-type endometrial cancer and believes top-line data will be available in the first half of 2024. Karyopharm plans to rapidly initiate this study of selinexor in patients with p53 wild-type this year, working with the FDA as well as established networks and partners, including the European Network of Gynaecological Oncological Trial groups and the Gynecologic Oncology Group Foundation. "We strongly believe in selinexor's potential in patients with p53 wild-type and are excited to further evaluate it in this patient population to better understand its potential to address the unmet need in women with endometrial cancer," said Sharon Shacham, Chief Scientific Officer of Karyopharm. "Given the significant need for new therapeutic options, we have a tremendous sense of urgency to design and enroll a new trial as quickly as possible and believe we are well-positioned to do so working with our existing SIENDO clinical trial sites."
SXI

Hot Stocks

16:34 EST Standex acquires Sensor Solutions for $9.7M in cash - Standex announced that it has acquired privately-held, Colorado-based Sensor Solutions for approximately $9.7M in cash. The transaction is being financed from Standex's existing cash balance. The company expects the acquisition to be slightly accretive to its earnings in its first year of ownership as well as additive to consolidated free cash flow. Sensor Solutions designs and manufactures customized as well as standard Hall effect and magnetic sensor products including Hall switch and latching sensors, linear and rotary sensors and specialty sensors. These products serve automotive, industrial, medical, aerospace, military and consumer electronics end markets. Sensor Solutions trailing twelve-month revenues were approximately $4.3M.
IPAR

Hot Stocks

16:34 EST Inter Parfums doubles quarterly dividend to 50c per share - Inter Parfums announced that its Board of Directors approved a 100% increase in the Company's annual cash dividend rate to $2.00 per share, payable quarterly. The next cash dividend of 50c per share will be paid on March 31, 2022 to shareholders of record on March 15, 2022.
AWK

Hot Stocks

16:32 EST WV American Water receives approval of 2022 distribution charge - In an order entered on February 28, the Public Service Commission of West Virginia granted approval for West Virginia American Water's 2022 infrastructure replacement program, referred to as a Distribution System Improvement Charge. The program and its associated surcharge mechanism allow the company to receive more timely cost recovery of certain infrastructure investments deemed just, reasonable, and in the public interest, which in turn enables the company to accelerate its infrastructure replacement and reliability program. "The DSIC surcharge plays a critical role in our company's ability to address aging infrastructure by directing additional investment to areas where improvements are most needed," said Robert Burton, president of West Virginia American Water. "Since incorporating this minimal surcharge in 2017, we've significantly reduced our water main replacement rate from 400 to 100 years, and we've invested over $171 million to replace distribution system assets at an incredibly accelerated rate. This type of investment has a direct impact on quality of life for West Virginians and the future economic development of our great state." The approved DSIC, effective today, includes $32.5 million in system-wide upgrades that West Virginia American Water will make in 2022. The improvements include $18.6 million to replace or upgrade more than 30 miles of water mains; $9.2 million to replace service lines, fire hydrants, meters, and booster stations; $2.5 million to rehabilitate water storage tanks, and $2.2 million for post-acquisition investment in troubled water systems. Accordingly, customers will pay a 1.62 percent surcharge on their monthly bills, or approximately $1.01 for the average residential customer using 3,100 gallons per month, to help fund these projects. The 2022 surcharge is a reduction on customer bills from the 2021 average residential DSIC surcharge which was about $3.55 per month. Most customers will see a prorated amount on their next bill, depending on their meter reading and billing schedule.
SCPL

Hot Stocks

16:29 EST SciPlay acquires Alictus in all-cash transaction - SciPlay Corporation announced it has acquired Alictus, a global developer and publisher of popular, casual mobile games, in an all-cash transaction that will advance SciPlay's strategy to become a diversified global game developer. SciPlay is acquiring 80% of Alictus for $100 million in a cash payment that is not subject to financing. Over the next five years, SciPlay will acquire the remaining 20% of Alictus in equal installments, which will range from, in aggregate, $0 to $200 million, with valuations based on specific revenue and profitability targets. "We are incredibly excited to continue our expansion in the casual space and partner with a proven leader like Alictus that boasts an impressive, unique culture and an extraordinary track record of delivering chart-topping games," said Josh Wilson, Chief Executive Officer of SciPlay. "The hyper-casual market is a natural expansion for SciPlay with game mechanics and player demographics that are similar to those across casual genres in which we already operate and are growing our presence. This acquisition provides SciPlay an entry point into this market with a highly talented team and a robust pipeline of hyper-casual games, helping us to diversify into the in-app advertising business model and participate in the massive and fast-growing mobile advertising market. The powerful combination of Alictus's hyper-casual expertise with our industry-leading live services and meta capabilities positions us to expand our market share by developing hit games with compelling game-play, driving further player engagement and enhanced revenue and profitability." Alictus will continue to be led by its existing management team, including its two co-founders, Emre Ta and Ecem Baran. SciPlay expects to retain Alictus's headquarters and studio in Turkey.
DXCM

Hot Stocks

16:25 EST DexCom says FDA grants breakthrough device designation for DexCom CGM use - DexCom, Inc. announced the FDA has granted Breakthrough Device Designation for Dexcom CGM use in the hospital setting. Dexcom CGM uses a small, wearable sensor and transmitter to continuously measure and send glucose levels wirelessly to a smart device*, providing real-time glucose data without the need for fingersticks. The system also offers customizable alerts and alarms to help avoid potentially dangerous low and high blood sugar events. "In our extensive use of Dexcom CGM in our hospitals as part of exploratory studies over the last seven years, more than 800 of those patients treated during the pandemic, we have found that the device improves glucose control without any increased risk in hypoglycemia," said Athena Philis-Tsimikas, M.D., endocrinologist and corporate vice president for the Scripps Whittier Diabetes Institute in San Diego. "Breakthrough Device Designation from the FDA could be transformative for using CGM for in-patient care in hospitals."
AKA

Hot Stocks

16:25 EST a.k.a. Brands Holding to open first Culture Kings flagship store in Las Vegas - a.k.a. Brands announced that it has signed a lease with intent to open its first U.S. Culture Kings flagship store in late 2022 at The Forum Shops at Caesars in Las Vegas, Nevada, a Simon Property.
FNCH

Hot Stocks

16:25 EST Finch Therapeutics Group Inc trading halted, news pending
SUNL

Hot Stocks

16:24 EST Sunlight Financial surpasses $6B in funded loans - Sunlight Financial Holdings Inc. announced that by the end of 2021, cumulative funded loans exceeded $6 billion, with over $638 million of loans funded in the fourth quarter of 2021. "2021 was a pivotal year for Sunlight. The company funded over $2.5 billion of solar and home improvement loans, a 72% increase over full-year 2020, while improving platform fee margin and generating significant free cash flow throughout the course of the year," said Sunlight Financial Chief Executive Officer Matt Potere. "We look forward to building on this performance in 2022 as we continue to leverage our capital-light business model and strong balance sheet to strengthen our distribution network, expand our capital provider relationships and increase our product offerings."
AMRX

Hot Stocks

16:24 EST Amneal Pharmaceuticals enters U.S. biosimilars market with approval of RELEUKOTM - Amneal Pharmaceuticals "announced the U.S. Food and Drug Administration approval of the Biologics License Application (BLA) for filgrastim-ayow, a biosimilar referencing Neupogen(R). The product will be marketed under the proprietary name RELEUKO. RELEUKO was developed in collaboration with Kashiv Biosciences, LLC located in Chicago, Illinois. It is used to treat neutropenia which is commonly experienced by patients undergoing chemotherapy. Amneal expects to launch RELEUKOTM in the third quarter of 2022, along with a full patient support program. The Company is planning for a pegfilgrastim biosimilar referencing Neulasta(R) and a bevacizumab biosimilar referencing Avastin(R) to launch in 2022. Both are being reviewed by the FDA."
VUZI

Hot Stocks

16:23 EST Vuzix CEO sees 'significant year-over-year revenue growth in 2022' - "We expect the adoption acceleration we began to see in 2021 to lead to larger orders coming from repeat and, in some cases very large, customers to support significant deployments in terms of units and dollar value. This developing trend, although highly encouraging, was not broad-based last year, as many customers continued to delay orders due to COVID-19 operational business issues. Thus far in 2022, however, we are seeing businesses across the globe start to resemble a more normal profile. As a result, we are well-positioned to achieve significant year-over-year revenue growth in 2022 driven primarily by this accelerating smart glasses demand, but also by several opportunities within our OEM business group," said CEO Travers. "At the same time, we will continue to evolve our technologies and products lines to further solidify our position as the go-to solutions provider within our industry." "While we will continue to invest in our staff, core technology, and infrastructure in 2022, we recognize and believe that the market is significantly undervaluing Vuzix as a disruptive technology company that is focused on AR technologies and products for the enterprise and broader markets. The Vuzix Board of Directors agrees with this assessment and consequently has requested management to investigate up to a $25 million share buyback program over the next 12 months," concluded CEO Travers.
HES

Hot Stocks

16:23 EST Hess sees Q1 net production 270K-275K boe/d - The company provided an update on its first quarter and full year guidance for production and cash costs and reaffirmed its fourth quarter 2022 production guidance. For the first quarter, Bakken net production is now expected to average approximately 150,000 barrels of oil equivalent per day, compared with the previous guidance range of 155,000 to 160,000 barrels of oil equivalent per day, primarily due to severe winter weather and higher natural gas liquids prices that will increase the company's earnings and cash flow but lower production entitlements under the company's Percentage of Proceeds contracts. Bakken net production for full year 2022 is now expected to be in the range of 160,000 to 165,000 barrels of oil equivalent per day, compared with the previous guidance range of 165,000 to 170,000 barrels of oil equivalent per day. The company reaffirmed its previous Bakken net production guidance range for the fourth quarter of 175,000 to 180,000 barrels of oil equivalent per day. Companywide net production for the first quarter is now expected to be in the range of 270,000 to 275,000 barrels of oil equivalent per day excluding Libya, compared with the previous guidance range of 275,000 to 285,000 barrels of oil equivalent per day, due to lower Bakken production. Companywide net production for the full year is now expected to be in the range of 325,000 to 330,000 barrels of oil equivalent per day, excluding Libya, compared with the previous guidance range of 330,000 to 340,000 barrels of oil equivalent per day, due to lower Bakken production and a delay in the startup of a third party operated tieback well at the Llano Field in the Gulf of Mexico. The company reaffirmed its previous companywide net production guidance range for the fourth quarter of 360,000 to 370,000 barrels of oil equivalent per day, excluding Libya. Cash costs for the first quarter, excluding Libya, are now expected to be in the range of $15.00 to $15.50 per barrel of oil equivalent, compared with the previous guidance range of $13.50 to $14.00 per barrel of oil equivalent, primarily due to lower production volumes as well as increased production taxes resulting from higher oil prices. Cash costs for full year 2022, excluding Libya, are now expected to be in the range of $12.50 to $13.00 per barrel of oil equivalent, compared with the previous guidance range of $11.50 to $12.50 per barrel of oil equivalent.
SWX

Hot Stocks

16:22 EST Southwest Gas to separate Centuri into independent company - Southwest Gas Holdings announced that its Board of Directors has unanimously decided to separate its wholly-owned subsidiary, Centuri Group, from the company. The separation is expected to occur within the next 9 to 12 months. "As a standalone, independent company, Centuri, an unregulated utility services platform diversified across the U.S. and Canada, will be an industry leader at the forefront of infrastructure modernization. Centuri is positioned to support the energy transition given its extensive infrastructure capabilities and attractive blue-chip customer base comprised of a diverse range of utilities. The separation will transform Southwest Gas into a fully regulated natural gas business, distributing natural gas to customers and communities across its growing service areas in Arizona, Nevada and California. Southwest Gas will also continue to operate its Federal Energy Regulatory Commission regulated interstate natural gas pipeline businesses in Arizona, Nevada and now in the Rocky Mountain region through its recently acquired subsidiary MountainWest Pipelines Holding Company, formerly Dominion Energy Questar Pipeline, LLC. The separation is not expected to have any impact on Southwest Gas Corporation's utility operations, customers or customer rates," the company said. "As a Board, we have regularly examined the steps necessary to establish Centuri as a successful standalone business and how best to maximize the value of this business for stockholders. Following years of planning, growth and investment, culminating with our recent acquisition of Riggs Distler, we are confident that Centuri now has a compelling set of opportunities to deliver enhanced value for stockholders. We transformed Centuri into an industry leader that is uniquely positioned to benefit from the surge in infrastructure spending throughout the country, including in the 5G datacom buildout, offshore wind and other renewable energy transition programs. With Centuri nearly doubling its revenue over the last four years and poised for continued growth as a standalone platform, our Board determined that now is the right time to separate Centuri and unlock the significant value we have built over the last decade," said Michael Melarkey, Chair of the Board of Southwest Gas. "The separation will be effected with the goal of maximizing value for Southwest Gas stockholders. Details of the separation, including structure, will be publicly disclosed following the company's finalization of its separation plans. Until the separation, Southwest Gas intends to continue its dividend program at a payout ratio of 55% - 65% of consolidated earnings per share, with a plan to increase the payout ratio to levels competitive with pure-play utilities following the separation. As separate companies, Southwest Gas and Centuri will each have tailored capital structures and financial policies appropriate for each company's business," the company stated.
HES

Hot Stocks

16:22 EST Hess raises quarterly dividend 50% to 37.5c per share - The Board of Directors of Hess Corporation declared a regular quarterly dividend of 37.5 cents per share payable on Hess Corporation Common Stock, an increase of 50% from the previously paid quarterly dividend of 25 cents per share. The dividend is payable on March 30, 2022 to stockholders of record as of the close of business on March 14, 2022. The company also announced that it had repaid the remaining $500 million of a $1 billion term loan maturing in March 2023. "The recently announced startup of the Liza Phase 2 oil development offshore Guyana has positioned the company to reduce debt and begin increasing cash returns to shareholders," CEO John Hess said. "As our portfolio becomes increasingly free cash flow positive, we plan to continue to grow the dividend and accelerate share repurchases."
SWX

Hot Stocks

16:20 EST Southwest Gas not providing EPS guidance at this time, cites Centuri separation - On March 1, the company announced that its Board of Directors has unanimously decided to separate Centuri from the company. The separation is expected to occur within the next 9 to 12 months. The separation will be effected with the goal of maximizing value for Southwest Gas stockholders. Details of the separation, including structure, will be publicly disclosed following the Company's finalization of its separation plans. In connection with the decision to separate Centuri, and the uncertainty of associated costs and timing, management is not providing EPS guidance at this time and is replacing its prior guidance with the following expectations for 2022: Natural Gas Distribution Segment net income of $200 million to $210 million, which includes COLI earnings of $3 million to $5 million; Capital expenditures of $650 million to $700 million, in support of customer growth, system improvements, and pipe replacement programs; Five-year utility rate base compound annual growth rate of 7% from 2022 - 2026; MountainWest 2022 revenue of $240 million to $245 million; run rate EBITDA margin of 68% to 72%, excluding non-recurring integration costs; accretive to earnings in 2022 on a run rate basis; Utility Infrastructure Services Segment revenues for 2022 are expected to be $2.65 billion to $2.80 billion; normalized EBITDA margin of 11% to 12%, excluding non-recurring separation costs.
HAL

Hot Stocks

16:20 EST Halliburton opens first oilfield specialty chemical facility in Saudi Arabai - Halliburton celebrated the opening of the Halliburton Chemical Reaction Plant - the first of its kind in Saudi Arabia to manufacture a broad range of chemicals for the entire oil and gas value chain as well as many other industries. The facility expands Halliburton's manufacturing footprint in the Eastern Hemisphere and strengthens and accelerates its ability to serve the chemical needs of Middle East customers. "We are excited to complete this significant investment and to deliver our chemical applications expertise to our Eastern Hemisphere customers," said Jeff Miller, chairman, president, and CEO. "This world-class plant is part of our more than $1 billion commitment to Saudi Arabia over the past ten years. It further increases our in-country presence and supports the In Kingdom Total Value Add program by providing new opportunities to local suppliers, vendors, other manufacturing partners, and the local workforce."
ZIP

Hot Stocks

16:20 EST ZipRecruiter announces $100M share buyback
JWN

Hot Stocks

16:19 EST Nordstrom jumps 31% to $25.70 after Q4 results, FY22 guidance top estimates
DOMO

Hot Stocks

16:18 EST Domo names John Mellor as new CEO, founder Josh James steps down as CEO/Chairman - Domo "announced a leadership transition, effective immediately, that leverages the breadth and depth of the company's existing talent to promote continued growth. John Mellor, Domo's Chief Strategy Officer since 2019, has been named Chief Executive Officer and a member of the Board of Directors. Catherine Wong, Domo's Chief Product Officer and EVP of Engineering since 2013, has been named Chief Operating Officer. Josh James has stepped down as the company's CEO, Chairman and as a director. Josh founded Domo in 2010 with the mission of transforming business by putting data to work for everyone. The company has grown significantly since that time. For the fourth quarter of fiscal year 2022, Domo achieved record billings of $108 million, an increase of 30% year-over-year. Domo became cash-flow positive in fiscal year 2021. Domo also announced that the Board of Directors has elected Carine Clark as Executive Chair and appointed John Pestana as a new independent director. Carine has been a director since March 2019 and has served as a member of the Audit Committee and as Chairperson of the Compensation Committee. She previously served as president and Chief Executive Officer at Banyan, a SaaS company, and is currently a venture partner at Pelion Venture Partners. Previously, Carine held leadership positions in software, market research and marketing companies. John Pestana is a distinguished entrepreneur, Co-Founder and CEO of ObservePoint. He was also the co-founder of Omniture, which was acquired by Adobe in 2009. With John Pestana's appointment, the size of the Board will increase from seven to eight members."
SWX

Hot Stocks

16:17 EST Southwest Gas announces decision to separate Centuri - "We have grown Centuri into a leading, high-growth utility infrastructure services company that is uniquely positioned to benefit from the surge in infrastructure spending throughout the country. Our recent acquisition of Riggs Distler transforms Centuri by adding capabilities to support the 5G datacom buildout, offshore wind and other renewable energy transition programs. In October 2021, Riggs Distler was selected to work on a large-scale offshore wind energy project, the largest in New York to date, growing its portfolio of work in emerging clean energy technologies. Across all of our businesses, we are actively working to support the energy transition. In addition to the many opportunities at Centuri, Southwest Gas is advancing its sustainability initiatives and ongoing low-carbon projects, while MountainWest has numerous attractive opportunities with renewable natural gas, responsibly sourced natural gas, hydrogen and CO2 transportation," said ," said John Hester, President and CEO.
SGMS

Hot Stocks

16:16 EST Scientific Games board authorizes $750M share buyback - Barry Cottle, President and Chief Executive Officer of Scientific Games, said, "I want to thank our teams for a tremendously successful 2021. We would not be where we are today without their hard work and dedication that has enabled our transformative journey. We executed on a number of significant initiatives this past year including the announced sales of our Lottery and Sports Betting businesses, as we delivered on our promises. We want to be really clear on our capital priorities. First, debt reduction to a target net debt leverage ratio range of 2.5x to 3.5x. We expect to dedicate more than 90% of the Lottery proceeds to pay down debt, which combined with the expected Sports Betting proceeds will put us within our target range. Second, the Board has authorized a three-year, $750 million share repurchase program. We see buy-backs at current share price levels as highly accretive to shareholder value. And, third, we will always prefer using our capital for buy-backs, debt reduction and organic investments unless we are convinced that M&A will deliver greater long-term shareholder value than other uses of our capital."
CPSI

Hot Stocks

16:15 EST Computer Programs acquires Healthcare Resource Group - CPSI "announced that it has acquired Healthcare Resource Group. Based in Spokane, Washington, HRG is a leading provider of customized revenue cycle management solutions and consulting services that enable hospitals and clinics to improve efficiency, profitability, and patient satisfaction. Founded in 1994, HRG has approximately 400 employees, serving 77 healthcare clients, primarily located in the Pacific Northwest and Southwest, including academic medical centers, tribal organizations, and independent 200+ bed hospitals. The acquisition was consummated pursuant to a definitive purchase agreement signed on March 1, 2022, and was funded by a combination of cash on hand and additional borrowing capacity under CPSI's revolving credit facility."
VVI

Hot Stocks

16:14 EST Viad names Derek P. Linde as new COO - Viad "announced the promotion of Derek P. Linde to the expanded role of Chief Operating Officer, General Counsel & Corporate Secretary of Viad effective March 1, 2022. In this expanded role, Mr. Linde will be integrally involved in accelerating Viad's enterprise-level strategy to deliver significant and sustainable EBITDA growth, and collaborating across the organization to drive progress on major initiatives that support the strategy."
PRPL

Hot Stocks

16:13 EST Purple Innovation names Robert DeMartini as CEO - Paul Zepf, Chairman of the Purple Board of Directors, said, "We are very pleased to have Rob as our permanent CEO. Our search process was exhaustive, and Rob's experience, leadership, and focus on execution made him the obvious choice to lead Purple to its next phase of success. His demonstrated leadership in developing our go forward execution-oriented strategy over the past couple of months allows the company to move forward quickly."
BROS

Hot Stocks

16:12 EST Dutch Bros sees Q1 SSS up mid-single digits - Q1 total system shop openings are expected to be at least 30.
BROS

Hot Stocks

16:11 EST Dutch Bros reports Q4 SSS up 10.1%
WISH

Hot Stocks

16:10 EST ContextLogic sees Q1 adjusted EBITDA ($70M)-($60M)
ROST

Hot Stocks

16:03 EST Ross Stores raises quarterly dividend by 9% to 31c per share - Dividend is payable on March 31, 2022 to stockholders of record as of March 15, 2022.
RMNI

Hot Stocks

16:03 EST Rimini Street names Jeff Spicer chief marketing officer - Rimini Street announced that it has appointed technology marketing veteran Jeff Spicer as executive vice president and chief marketing officer. As Rimini Street's CMO, Spicer will lead the Company's Global Marketing organization. Spicer most recently served as CMO at Yellowbrick Data. "The enterprise software solutions business is a dynamically-changing market, and Rimini Street has been a disruptor and innovator since its inception. I'm excited to join a company that helps power many of the largest and most innovative enterprises in the world - it's such an enticing story to tell," said Spicer. "With a global TAM and opportunity of more than $200 billion, and an expanded portfolio of solutions that can help clients optimize, evolve, and transform their operations, I am excited to help fuel accelerated sales by taking this proven, trusted brand out to an even broader base of global organizations."
ROST

Hot Stocks

16:03 EST Ross Stores board authorizes $1.9B stock buyback - The company's Board of Directors authorized a new two-year program to repurchase up to $1.9 billion of common stock through fiscal 2023. This authorization replaces the $850 million remaining under the prior buyback authorization announced in May 2021. A total of $650 million of common stock was repurchased under the previous program in fiscal 2021.
CNI...

Hot Stocks

15:44 EST Canadian National requests conditions from STB for approval of CP-KCS merger - CN (CNI) announced that yesterday the company filed a responsive application with the Surface Transportation Board, or "STB," requesting specific conditions related to the approval of the pending Canadian Pacific (CP) and Kansas City Southern (KCS) merger. CN's responsive application asks the STB to condition any approval of a CP-KCS merger on the divestiture of the KCS line from Kansas City, Missouri to Springfield and East St. Louis, Illinois to CN, pursuant to the STB's statutory authority to order "the divestiture of parallel tracks" as a merger condition, the company said. "Granting CN control of the line will provide customers with a new competitive option to move goods across a key North American economic corridor," the company added.
GOOG GOOGL

Hot Stocks

15:41 EST Google blocking YouTube channels connected to RT and Sputnik across Europe - Kent Walker, President, Global Affairs, stated in a blog post: "The Russian invasion of Ukraine is both a tragedy and a humanitarian disaster in the making. The international community's response to this war continues to evolve and governments are imposing new sanctions and restrictions. Our teams are working around the clock to support people in Ukraine through our products, defend against cybersecurity threats, surface high-quality, reliable information and ensure the safety and security of our colleagues and their families in the region... We've launched an SOS alert on Search across Ukraine... And after consulting with multiple sources on the ground, including local authorities, we've temporarily disabled some live Google Maps features in Ukraine, including the traffic layer and information about how busy places are, to help protect the safety of local communities and their citizens. We've also added information on refugee and migrant centers in neighboring countries... While we have not seen meaningful changes in the levels of malicious activity in this region overall, our Threat Analysis Group has seen threat actors refocus their efforts on Ukrainian targets... We blocked these attempts and have not seen any compromise of Google accounts as a result of this campaign. We also automatically increased Google account security protections for people in the region and will continue to do so as cyber threats evolve... In this extraordinary crisis we are taking extraordinary measures to stop the spread of misinformation and disrupt disinformation campaigns online. Beginning today, we're blocking YouTube channels connected to RT and Sputnik across Europe. This builds on our indefinite pause of monetization of Russian state-funded media across our platforms, meaning media outlets such as RT are not allowed to monetize their content or advertise on our platforms. We have also significantly limited recommendations globally for a number of Russian state-funded media outlets across our platforms. And in the past few days, YouTube has removed hundreds of channels and thousands of videos for violating its Community Guidelines, including a number of channels engaging in coordinated deceptive practices... We are committed to complying with all sanctions requirements and we continue to monitor the latest guidance. As individuals, regions and institutions like banks are sanctioned, products like Google Pay may become unavailable in certain countries. Most of our services (like Search, Maps and YouTube) currently remain available in Russia, continuing to provide access to global information and perspectives. We will continue to monitor the situation and take additional actions as needed - and we join the international community in expressing sincere hope for a return to a peaceful and sovereign Ukraine." Reference Link
SLAB

Hot Stocks

15:17 EST Silicon Labs down 2% in afternoon trading as analyst day continues - Silicon Labs began its analyst day meeting at 1 pm ET and share are down $2.78, or 2%, to $150.93 near 3:15 pm as the event continues.
SE

Hot Stocks

14:35 EST Sea Limited sinks after reporting Q4 results, issuing FY22 outlook - Shares of Sea Limited trading in New York are down $17.30, or 12%, to $128.30 this afternoon after the e-commerce and gaming company earlier this morning reported financial results for the fourth quarter and gave guidance for the new fiscal year. For Q4, GAAP revenue was $3.2B, up 105.7% year-on-year, gross profit of $1.3B was up 145.6% year-on-year, and total adjusted EBITDA was ($492.1M) compared to $48.7M for the fourth quarter of 2020. "With our growing scale, market leadership and strong cash balance, we believe we are well placed to increasingly leverage efficiencies across our ecosystem for growth and manage the levers of our business to reach profitability across more markets and segments in 2022 and beyond. We currently expect Shopee to achieve positive adjusted EBITDA before HQ costs allocation in Southeast Asia and Taiwan by this year and SeaMoney to achieve positive cashflow by next year. As a result, we believe that by 2025, cash generated by Shopee and SeaMoney collectively will enable these two businesses to substantially self-fund their long-term growth," said Forrest Li, Sea's Chairman and Group CEO. For the full year of 2022, Sea currently expects bookings for digital entertainment to be between $2.9B and $3.1B. "With many economies reopening further in the fourth quarter and into this year, we have observed some moderation in online activities and fluctuations in user engagement. Moreover, due to unanticipated government actions, Free Fire is currently unavailable in the Google Play and iOS app stores in India. The guidance takes into consideration these headwind factors. The midpoint of the guidance of US$3.0 billion reflects our current expectations that our bookings for 2022 will be close to the level in 2020 while also considering the uncertainty in India," the company said. Sea expects GAAP revenue for e-commerce to be between $8.9B and $9.1B, noting that the midpoint of the guidance represents an increase of 75.7% from 2021. The company expects GAAP revenue for digital financial services to be between $1.1B and $1.3B, the midpoint of which represents an increase of 155.4% from 2021.
HMC

Hot Stocks

14:12 EST Honda reports February U.S. sales down 20.6% to 84,394 vehicles - American Honda reported February sales were down 20.6% compared to the same month of last year to 84,394 vehicles, with car sales down 11.2% to 31,260 units and truck sales down 25.3% to 53,134 units. "Multiple supply issues and Winter Storm Landon disrupted progress in improving vehicle inventory, though customer demand "remains strong with nearly 60% of vehicles en route to dealers pre-sold," the company stated. Reference Link
HOG

Hot Stocks

14:03 EST Harley-Davidson suspends all shipments to Russia - Harley-Davidson, in a statement to media outlets, said: "In light of the crisis in Ukraine, Harley-Davidson has suspended its business in Russia and all shipments of its bikes to the country. Our thoughts continue for the safety of the people of Ukraine and those impacted by the crisis."
GLNCY OJSCY

Hot Stocks

13:44 EST Glencore reviewing all activities in Russia, including Rosneft stake - Glencore (GLNCY) said in a statement: "Glencore condemns the actions taken by the Russian government against the people of Ukraine. We have no operational footprint in Russia and our trading exposure is not material for Glencore. We are reviewing all our business activities in the country including our equity stakes in En+ and Rosneft (OJSCY). The human impact of this conflict is devastating. Glencore is looking to see how we can best support humanitarian efforts for the people of Ukraine."
LWAY

Hot Stocks

13:33 EST Lifeway Foods independent directors announce support for CEO Julie Smolyansky - Lifeway Foods issued a response to the recent 13D filing. The independent Directors of the Board issued the following response: "Lifeway's independent Directors fully supports CEO Julie Smolyansky and her continued execution of the Lifeway 2.0 strategy. Julie has consistently delivered growth for the Lifeway brands during her tenure as CEO. We believe the Company is reaching an important inflection point supported by ongoing research around probiotics and their influence on gut health, mental health and immunity, all of which are especially important with the impact of Covid-19. Her execution of the Lifeway 2.0 strategy and transition into Lifeway 3.0 has already delivered significant results for our stockholders including eight consecutive quarters of year-over-year net sales increases. Further, we believe new product innovation with the recent introduction of Lifeway Oat, a probiotic cultured oat drinkable and the recent expansion into drinkable yogurt through the acquisition of GlenOaks Farms will drive future success and we look forward to continued growth under her leadership." As fiduciaries to stockholders, the Board of Directors will consider all ideas to deliver long term value.
NOC BLL

Hot Stocks

13:13 EST Northrop Grumman, Ball Aerospace to develop payloads for Space Force's NGP - Northrop Grumman (NOC) and Ball Aerospace (BLL) announced they will design and develop the two mission payloads for the U.S. Space Force's Next Generation Overhead Persistent Infrared Polar, or NGP, program. In May 2020, the U.S. Space Force awarded Northrop Grumman a $2.37 billion contract for the first phase of NGP program. Together, Northrop Grumman and Ball Aerospace will design and develop the sensor payloads for the two NGP satellites at Northrop Grumman's site in Azusa, California. The team will also perform systems engineering, flight hardware and ground system design and development, and risk reduction in support of a critical design review, the companies said. "NGP combines Northrop Grumman's proven experience in missile warning and defense with Ball Aerospace's expertise in optical sensors and mission data processing. Our team's solution for NGP will assure continuous coverage of the northern hemisphere - especially the critical Arctic region - to protect against incoming threats," said Sarah Willoughby, vice president, overhead persistent infrared and geospatial systems, Northrop Grumman.
WWE

Hot Stocks

13:07 EST WWE expands original programming partnership with A&E - A&E and WWE announced a multi-year expansion of their programming partnership with the commissioning of more than 130 new hours of WWE-themed series and specials to air exclusively on A&E platforms and to be distributed worldwide by A+E Networks. "A&E is an amazing partner with an impressive lineup of signature series across its networks. The expansion of our partnership will allow us to continue creating a massive slate of new content with a trusted partner, while further establishing A&E as a destination for WWE fans for years to come," said Nick Khan, WWE President.
TGT

Hot Stocks

13:03 EST Target to invest up to $5B to continue scaling operations in 2022 - Target Corporation announced its plan to invest up to $5B to continue scaling its operations in 2022. Target will invest in its physical stores, digital experiences, fulfillment capabilities and supply chain capacity that "further differentiate its retail offering and drive continued growth," the company stated. In 2022, Target plans to open approximately 30 stores that it said will range in footprint, from "mid-size locations in dense suburban areas to small-format stores in city centers like Charleston, SC, and New York's Times Square." In addition to new stores, Target will build on the company's remodel program with 200 top-to-bottom renovations of its existing fleet, the company said. Following the opening of 100 Ulta Beauty at Target shop-in-shops in 2021, the company is planning to open more than 250 new locations by the end of 2022 - with plans to operate at least 800 Ulta Beauty at Target locations over time, the company noted. "Target's ongoing technology investments fuel growing digital capabilities like Roundel, which optimizes advertising placements on Target.com to deliver a more relevant, personalized guest experience and create value for partners. Roundel drove more than $1 billion in value in 2021, and the company expects that to grow to over $2 billion in the next few years," Target stated. "Years of investment in our team and business have driven our sales beyond $100 billion and positioned Target to meet the needs of our guests no matter how they choose to shop. We see substantial opportunities to build on our core capabilities to drive deeper guest engagement and long term growth," added CFO Michael Fiddelke.
BMY

Hot Stocks

13:03 EST Dragonfly achieves Phase 1 milestone for IL-12 program with Bristol-Myers - Dragonfly Therapeutics, Inc. announced the achievement of a Phase 1 clinical development milestone for the DF6002/BMS-9896415 IL-12 program. DF6002/BMS-9896415 is a monovalent IL-12 immunoglobulin Fc fusion protein proposed to achieve strong anti-tumor efficacy by establishing an inflammatory tumor microenvironment necessary for productive anti-tumor responses. Dragonfly received investigational new drug approval for DF6002 from the U.S. Food and Drug Administration in May 2020, and its Phase 1/2 clinical trial for patients with advanced solid tumors began in July 2020. Bristol Myers Squibb signed an exclusive worldwide license agreement with Dragonfly Therapeutics for its IL-12 investigational immunotherapy program, including its extended half-life cytokine DF6002, in August 2020. Bristol Myers Squibb intends to advance the research and development of DF6002 in oncology and hematology. Bristol Myers Squibb is responsible for the development and any subsequent commercialization of DF6002/BMS-9896415 and its related products worldwide, including strategic decisions, regulatory responsibilities, funding, and manufacturing. Dragonfly is eligible to receive additional performance-based development, regulatory and commercial milestone payments. Dragonfly will receive up to 24% royalties on worldwide net sales. "We are very encouraged by the progress being made on the DF6002/BMS-9896415 program and with Bristol Myers Squibb, whose broad range of oncology agents will help to accelerate the development of DF6002, the most advanced cytokine in Dragonfly's pipeline," said Bill Haney, Co-founder and CEO of Dragonfly Therapeutics. "We remain confident that the talent, experience and commitment to science-driven innovation of the Bristol Myers Squibb team will enable DF6002/BMS-9896415 to discover novel, life-saving solutions for patients."
TGT

Hot Stocks

13:01 EST Target to invest up to $5B to continue scaling operations in 2022
IBKR

Hot Stocks

12:33 EST Interactive Brokers reports February DARTs down 32% y/y - Interactive Brokers Group reported its Electronic Brokerage monthly performance metrics for February. Brokerage highlights for the month included: 2.499 million Daily Average Revenue Trades, 32% lower than prior year and 5% lower than prior month. Ending client equity of $348.5B, 6% higher than prior year and 1% lower than prior month. Ending client margin loan balances of $49.2B, 17% higher than prior year and 2% lower than prior month. Ending client credit balances of $89.2B, including $2.2B in insured bank deposit sweeps2, 5% higher than prior year and about even with prior month. 1.76 million client accounts, 39% higher than prior year and 2% higher than prior month. 319 annualized average cleared DARTs per client account. Average commission per cleared Commissionable Order of $2.51 including exchange, clearing and regulatory fees.
UBER

Hot Stocks

12:10 EST Cardenas Markets expands on-demand grocery delivery with Uber - Cardenas Markets is pleased to announce it has expanded its partnership with Uber Technologies, Inc. to now offer on-demand and scheduled grocery delivery across all the company's 59 locations. In addition to ordering authentic Hispanic dishes prepared daily by the company's famous Cocinas, customers can now conveniently shop for their everyday grocery staples and have them delivered, on-demand, directly to their door through Uber Eats.
ZETA

Hot Stocks

12:00 EST Zeta Global falls -16.1% - Zeta Global is down -16.1%, or -$2.10 to $10.91.
ONTF

Hot Stocks

12:00 EST On24 falls -16.6% - On24 is down -16.6%, or -$2.59 to $13.01.
CEE

Hot Stocks

12:00 EST Central European Equity falls -19.7% - Central European Equity is down -19.7%, or -$2.94 to $12.00.
VRTV

Hot Stocks

12:00 EST Veritiv rises 20.5% - Veritiv is up 20.5%, or $21.98 to $129.15.
OSH

Hot Stocks

12:00 EST Oak Street Health rises 25.6% - Oak Street Health is up 25.6%, or $4.48 to $21.99.
USER

Hot Stocks

12:00 EST UserTesting rises 29.2% - UserTesting is up 29.2%, or $2.43 to $10.75.
CPLG

Hot Stocks

11:13 EST CorePoint Lodging shareholders approve pending transaction - CorePoint Lodging announced that its stockholders voted to approve the acquisition of CorePoint by a joint venture between affiliates of Highgate and Cerberus Capital Management, L.P. The transaction is expected to close as early as March 3, subject to satisfaction of the remaining closing conditions. Keith Cline, President and CEO of CorePoint, said, "I thank our stockholders for their support of this transaction and am incredibly grateful to the CorePoint team for their continued dedication to serving our stakeholders. We look forward to completing this transaction and delivering immediate and compelling cash value to our stockholders." Under the terms of the previously announced merger agreement, upon the closing of the merger, Highgate and Cerberus will acquire all outstanding shares of CorePoint common stock in an all-cash transaction. Assuming the closing of the merger occurs on March 3, 2022, the total merger consideration to be paid upon completion of the transaction will be $15.99 per share in cash. Upon successful completion of the transaction, CorePoint's common stock will no longer be listed on the New York Stock Exchange, and the company will be privately owned.
DPZ

Hot Stocks

10:46 EST Domino's Pizza: Omicron variant significantly impacted January
DPZ

Hot Stocks

10:45 EST Domino's Pizza: Q1 to-date comps facing 'challenging backdrop' - Labor constraints and the absence of government stimulus in 2022 as compared to last year have created a challenging backdrop to date for U.S. sales comps in Q1.
DPZ

Hot Stocks

10:44 EST Domino's Pizza: Delivery driver staffing may remain 'significant' challenge NT - Comments taken from Q4 earnings conference call.
HUN

Hot Stocks

10:39 EST Starboard details Huntsman's 'significant' underperformance in presentation - Starboard Value, which identifies itself as one of the largest shareholders of Huntsman Corporation with an ownership interest of approximately 8.8% of the company's outstanding shares, announced that it has issued a presentation titled "Transforming Huntsman Corporation," outlining Starboard's views on Huntsman, the "challenges that plagued the company historically and continue to exist today," opportunities to drive improved performance, and details surrounding Starboard's slate of director nominees for election to the Huntsman board of directors at the company's upcoming 2022 annual meeting of shareholders. In its press release announcing the presentation, Starboard states: "We believe you will find our comprehensive presentation to be helpful in understanding the severity of the issues currently plaguing the company and, importantly, why we believe the election of our superior slate of nominees is required to help drive improved performance and a culture of accountability at Huntsman." Reference Link
SAL

Hot Stocks

10:37 EST Salisbury Bancorp to implement 2-for-1 forward stock split - Salisbury Bancorp announced that the Board has approved and will recommend to Shareholders an amendment to Salisbury's Certificate of Incorporation to increase Salisbury's authorized shares of Common Stock from 5,000,000 to 10,000,000 shares, subject to shareholder approval. Additionally, the Board approved, subject to shareholder approval of the Certificate of Amendment Proposal, a two for one forward split of the shares of Salisbury's Common Stock as a means of enhancing the liquidity and marketability of Salisbury's securities in the best interests of shareholders. Such stock split cannot be implemented unless shareholders approve the Certificate of Amendment Proposal and Salisbury's Certificate of Incorporation is subsequently amended to increase the number of authorized shares of Salisbury's Common Stock. The Certificate of Amendment Proposal requires the approval of a majority vote of the shares represented at a duly called and noticed meeting of shareholders at which a quorum is present. Salisbury will seek shareholder approval of the Certificate of Amendment Proposal at Salisbury's Annual Meeting of Shareholders to be held on May 18, 2022. The stock split, which would result in every one share of Salisbury common stock being converted into two shares of Salisbury's Common Stock, would not have any impact on the voting and other rights of shareholders and would have no impact on Salisbury's business operations.
ACN MSFT

Hot Stocks

10:18 EST Accenture, Microsoft assist Mount Sinai on transformation journey to cloud - Accenture (ACN) and Microsoft (MSFT) will assist the Mount Sinai Health System (Mount Sinai) with its transition to the cloud to help enable innovation at a much faster pace. By modernizing its infrastructure, Mount Sinai will be able to reinvest cost-savings and focus on its healthcare mission. Accenture will collaborate with New York City's largest academic medical system to help devise and securely execute its strategic cloud migration of clinical applications, including its Epic electronic health records system. Microsoft will provide quality assurance throughout this landmark academic center's Azure migration process. Accenture, together with Avanade, its joint venture with Microsoft, will help lead the development and implementation of the underlying Azure architecture on which the solution is being built. In addition, Accenture will provide hybrid cloud managed services post migration. The managed services will include around-the-clock server management and support for migrated workloads; storage and backup operations; database support; and automation and analytics.
ACN MSFT

Hot Stocks

10:18 EST Accenture, Microsoft assist Mount Sinai on transformation journey to cloud - Accenture (ACN) and Microsoft (MSFT) will assist the Mount Sinai Health System (Mount Sinai) with its transition to the cloud to help enable innovation at a much faster pace. By modernizing its infrastructure, Mount Sinai will be able to reinvest cost-savings and focus on its healthcare mission. Accenture will collaborate with New York City's largest academic medical system to help devise and securely execute its strategic cloud migration of clinical applications, including its Epic electronic health records system. Microsoft will provide quality assurance throughout this landmark academic center's Azure migration process. Accenture, together with Avanade, its joint venture with Microsoft, will help lead the development and implementation of the underlying Azure architecture on which the solution is being built. In addition, Accenture will provide hybrid cloud managed services post migration. The managed services will include around-the-clock server management and support for migrated workloads; storage and backup operations; database support; and automation and analytics.
MRK

Hot Stocks

10:17 EST Merck announces retirement of chief patient officer Julie Gerberding - Merck announced that Dr. Julie L. Gerberding, chief patient officer and executive vice president, population health and sustainability, will be retiring from Merck in May 2022. Earlier today, the Foundation for the National Institutes of Health announced that Dr. Gerberding will become CEO of the FNIH on May 16. "Julie's accomplishments during her 12 years with Merck will have an impact on our company, our communities and the patients we serve that extends well beyond her tenure with us," said Robert M. Davis, CEO and president, Merck. "Julie embraced and embodied Merck's commitment to patients and to our purpose to save and improve lives. Julie has been instrumental in developing our environmental, social and governance strategy, which will enable Merck to continue our exemplary legacy of being a force for good in the world. I am grateful to her for her leadership and for her many contributions to our company and global health."
LLY

Hot Stocks

10:09 EST Lilly says EMPULSE adds to 'growing weight of evidence' on Jardiance benefit - Adults hospitalized for acute heart failure were 36% more likely to experience a clinical benefit over 90 days if initiated on Jardiance following stabilization and prior to discharge compared with placebo in the phase III EMPULSE trial, Boehringer Ingelheim and Eli Lilly announced. Clinical benefit reflected a composite primary endpoint that included all-cause mortality, frequency of heart failure events, time to first heart failure event and symptoms as measured by the Kansas City Cardiomyopathy Questionnaire total symptom score, or KCCQ-TSS, the companies stated. The findings were published in Nature Medicine and presented at the American Heart Association's Late-Breaking Scientific Sessions 2021. The overall clinical benefit with Jardiance was consistent for those with either new or pre-existing heart failure, for those with or without diabetes and for those with either preserved or reduced ejection fraction. In an exploratory secondary endpoint, Jardiance significantly improved KCCQ-TSS from baseline to day 90 by 4.5 points versus placebo. "The EMPULSE results add to the growing weight of evidence from our EMPOWER program supporting the potential role of Jardiance in a range of conditions affecting the heart, kidneys and metabolic system. The clinical benefit and consistent safety results demonstrated in the vulnerable phase following hospital discharge suggest that in-hospital initiation with Jardiance for appropriate patients can improve outcomes during these critical months," said Jeff Emmick, M.D., Ph.D., vice president, Product Development, Lilly.
PLPC

Hot Stocks

10:01 EST Preformed Line Products Co acquires HOLPLAST, s.r.o, terms not disclosed - Preformed Line Products announced that it has acquired HOLPLAST, s.r.o., based in Prostjov, Czech Republic. "The acquisition of HOLPLAST further strengthens PLP's manufacturing capability to support the increasing global demand for our communications products. Their talented team of employees has a long history of producing high-quality molded components for a demanding customer base and will enhance PLP's existing EMEA operations," stated PLP's CEO and President Rob Ruhlman.
HY

Hot Stocks

10:00 EST Hyster-Yale Materials falls -11.5% - Hyster-Yale Materials is down -11.5%, or -$4.39 to $33.89.
ZETA

Hot Stocks

10:00 EST Zeta Global falls -11.6% - Zeta Global is down -11.6%, or -$1.51 to $11.50.
ONTF

Hot Stocks

10:00 EST On24 falls -23.9% - On24 is down -23.9%, or -$3.73 to $11.88.
USER

Hot Stocks

10:00 EST UserTesting rises 15.4% - UserTesting is up 15.4%, or $1.28 to $9.60.
OSH

Hot Stocks

10:00 EST Oak Street Health rises 17.2% - Oak Street Health is up 17.2%, or $3.02 to $20.52.
VRTV

Hot Stocks

10:00 EST Veritiv rises 23.2% - Veritiv is up 23.2%, or $24.82 to $131.99.
TGT

Hot Stocks

09:59 EST Target says Roundel ad business drove $1B in value in 2021 - Says Roundel to grow to over $2B in coming years.
LPSN

Hot Stocks

09:52 EST LivePerson jumps after Starboard discloses stake, nominates directors - Starboard Value disclosed a 9.7% stake in LivePerson, which represents over 7M shares, an increase from the 8.5% stake the firm disclosed last night. The filing with the SEC allows for activism. On February 25, Starboard delivered a letter to the company nominating a slate of director candidates, including Peter Feld, John McCormack, Vanessa Pegueros and Yael Zheng, for election to the board at the company's 2022 annual meeting of stockholders. "As evidenced by their detailed biographies below, the Nominees have backgrounds spanning information technology, marketing, operations, finance, private equity, restructuring, strategic transformation and public company governance," Starboard said in its regulatory filing. The activist added that it intends to engage in discussions with management and the board of LivePerson regarding board representation. Shares of LivePerson are up 15%, or $3.11, to $23.39 in early trading.
GRN

Hot Stocks

09:47 EST General Re Corporation falls -8.6% - General Re Corporation is down -8.6%, or -$2.78 to $29.48.
FOUR

Hot Stocks

09:47 EST Shift4 Payments falls -9.3% - Shift4 Payments is down -9.3%, or -$4.91 to $47.74.
ONTF

Hot Stocks

09:47 EST On24 falls -23.5% - On24 is down -23.5%, or -$3.67 to $11.93.
DDD

Hot Stocks

09:47 EST 3D Systems rises 12.0% - 3D Systems is up 12.0%, or $2.13 to $19.95.
TGT

Hot Stocks

09:47 EST Target rises 12.9% - Target is up 12.9%, or $25.73 to $225.50.
VRTV

Hot Stocks

09:47 EST Veritiv rises 17.5% - Veritiv is up 17.5%, or $18.71 to $125.88.
ACN MSFT

Hot Stocks

09:36 EST Accenture, Microsoft assist Mount Sinai on transformation journey to cloud - Accenture (ACN) and Microsoft (MSFT) will assist the Mount Sinai Health System (Mount Sinai) with its transition to the cloud to help enable innovation at a much faster pace. By modernizing its infrastructure, Mount Sinai will be able to reinvest cost-savings and focus on its healthcare mission. Accenture will collaborate with New York City's largest academic medical system to help devise and securely execute its strategic cloud migration of clinical applications, including its Epic electronic health records system. Microsoft will provide quality assurance throughout this landmark academic center's Azure migration process. Accenture, together with Avanade, its joint venture with Microsoft, will help lead the development and implementation of the underlying Azure architecture on which the solution is being built. In addition, Accenture will provide hybrid cloud managed services post migration. The managed services will include around-the-clock server management and support for migrated workloads; storage and backup operations; database support; and automation and analytics.
TGT...

Hot Stocks

09:36 EST Target says growing on a bigger base than ever, opportunities are 'immense' - Says supply chain pressures working themselves out, but will still take time. Says seeing strong sales of Ulta Beauty (ULTA) products in stores. Targeting 800 Ulta Beauty locations over time. Says partnership with Levi Strauss (LEVI) continues to grow. Comments taken from Q4 earnings conference call.
EHTH

Hot Stocks

09:23 EST eHealth sinks 22% to $12.05 after Q4 results miss estimates
ENG

Hot Stocks

09:23 EST ENGlobal expands into the Permina Basin - ENG announced that, due to the significant increase in client demand for its engineering, procurement, automation, fabrication, and construction services in the Permian basin in West Texas, the company has commenced operations there based out of Monahans, Texas. ENG's West Texas operations will utilize and support local businesses, and labor and equipment suppliers in addition to engineering and project services support from its Houston, Denver, and Tulsa offices, as well as from its well-established fabrication facilities in Henderson, Texas and its integration facilities in Houston, Texas to provide its suite of services. This will also allow the company to expand its existing client base by providing highly competitive, safe, quality engineering, procurement, construction, fabrication and integration project execution to the area. This announcement follows an aggressive automation upgrade of ENG's processes and equipment across the board in both of its fabrication and integration facilities with the objective of ensuring a focus on safety, quality and cost.
EHTH

Hot Stocks

09:23 EST eHealth CEO 'implementing a number of changes' - eHealth's CEO said in today's earnings release, "I continue to believe that we have a tremendous opportunity ahead of us and the ability to capture it. At the same time, after completing a thorough review of the company's operations, I see many opportunities for significant improvement in critical areas. We are implementing a number of changes to make our demand generation and fulfillment model more effective and profitable while continuing to perform within the new framework of heightened focus on enrollment quality. The cost transformation program, combined with the infusion of capital that we announced yesterday, are important elements in ensuring our success as we implement these critical initiatives to course correct eHealth's business in 2022 and return to profitable growth on a substantially improved operational foundation in 2023."
TLSA

Hot Stocks

09:21 EST Tiziana's former subsidiary announces publication of data on StemPrintER - Tiziana Life Sciences' former subsidiary, AccuStem Sciences, announced publication of new data in the European Journal of Cancer. Results demonstrate that StemPrintER is highly prognostic for risk of distant recurrence in women with breast cancer. Investigators from the European Institute of Oncology, IEO, in Milan and The Royal Marsden Hospital in London evaluated 776 tumor samples from the TransATAC cohort, a subgroup of estrogen receptor positive, post-menopausal patients from the prospective, randomized ATAC trial. The TransATAC study has been used to evaluate many of the commonly used breast cancer risk scoring assays, including OncotypeDX, Prosigna, EndoPredict and Breast Cancer Index. In this analysis, investigators demonstrated that patients with a StemPrintER Risk Score, SPRS, Low result had significantly better outcomes than patients with a SPRS High result. Patients with a SPRS Low result had a 5.8% risk of distant recurrence at 10 years versus 23.2% risk of distant recurrence in patients with a SPRS High result.
EHTH

Hot Stocks

09:21 EST eHealth plans 'multi-year transformation initiative' - The company said in its earnings release, "We plan to implement a multi-year transformation initiative to right-size our cost structure and drive future profitability. These initiatives include targeted reductions in fixed expenses and vendor-related spend outside of mission critical areas, as well as changes to variable cost management. Through this program, we expect to achieve ongoing significant cost savings while preserving our competitive edge and focusing on initiatives with highest in-period returns on investment."
NWVCF

Hot Stocks

09:20 EST EnWave launches REVworx, a vacuum microwave toll drying facility - EnWave announced that its vacuum-microwave toll drying facility, REVworx, is officially open for business. REVworx offers on-demand contract manufacturing services for the production of high-quality, vacuum-microwave dried snack and ingredient applications for food companies of all sizes. REVworx is the first large-scale vacuum-microwave toll processing facility in North America that is exclusively offering drying services for third-parties. The opening of the REVworx facility will open opportunities for both global and local food manufacturers to not only create new food ingredients and snacks for commercialization, but also enable growers to salvage and process imperfect produce and reduce overall food waste.
CEAD

Hot Stocks

09:19 EST Surna wins first complete design services contract - CEA Industries subsidiary, Surna Cultivation Technologies was awarded a contract for architectural design and MEP engineering services for a 15,000 square foot indoor cultivation facility in Michigan. Under the contract, Surna will deliver architectural and engineering services for a plan set suitable for permitting, bidding by installing contractors, and inclusive of all required construction details for tender and installation.
MTTR

Hot Stocks

09:19 EST Matterport says app developers use digital twins to present properties - Matterport and app developers AgentRelay and Boost3D are using digital twins to change the way real estate businesses present properties for sale. Both developers use Matterport to create virtual 3D experiences for the real estate industry, enabling industry professionals to offer their clients a more immersive home buying experience.
ATGE

Hot Stocks

09:18 EST Adtalem Global Education enters $150M accelerated share repurchase program - Adtalem Global Education announced its intent to enter into an accelerated share repurchase, or ASR, agreement to repurchase an aggregate of $150M of Adtalem's common stock, which will be funded with existing cash. In addition, the company intends to deploy approximately $770M of the approximately $820M in net proceeds from the pending divestiture of the financial services segment to pay down debt. The financial services divestiture is expected to close in Q3. In addition to authorizing management to pursue the $150M ASR program, the Adtalem board of directors has authorized open market share repurchases of up to $300M of the company's common stock over the next 36 months, which would be funded by existing cash and future free cash flow. Any open market purchases will be at such times and in amounts as the company has approved in accordance with applicable rules and regulations.
COIN

Hot Stocks

09:17 EST Tetra Trust, Knox partner to bring crypto custody to Canada - Tetra Trust announced a strategic alliance with KNOX Capital and KNOX Industries, whereby Tetra will offer institutional clients custody services using Knox's proprietary, insurable custody system, maintained by a qualified Canadian custodian, Tetra. In addition, Tetra Trust will acquire certain assets, facilities and insurance policies currently used by Knox and provide custody services for Knox's existing Canadian customers. Tetra and Knox, two of Canada's leaders in cryptocurrency custody, will be joining forces to provide the Canadian market with a y solution offered by a "qualified custodian," under National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations and as a "custodian" under National Instrument 81-102 Investment Funds. "Tetra is excited to partner with Knox as they have been a Canadian pioneer in Bitcoin custody. The institutional market for a trusted, secure custody provider for cryptocurrency continues to grow and Tetra is uniquely positioned as the first and only trust company licensed to custody digital assets to serve this growing market," said Eric Richmond, CEO of Tetra Trust. Tetra Trust is back by Coinsquare and Coinbase Ventures.
SPWR LSEA

Hot Stocks

09:16 EST SunPower, Landsea Homes sign multi-year exclusive agreement - SunPower (SPWR) and Landsea Homes (LSEA) announced a multi-year exclusive agreement in which SunPower will be the only provider of solar technology to Landsea Homes across the nation. With this new relationship, all homes built by Landsea Homes in California will include a SunPower Equinox home solar system designed to offset the home's energy consumption. Additionally, homebuyers in Arizona, Florida and Texas will have the option to add this technology to their new homes.
DXR

Hot Stocks

09:15 EST Daxor CEO provides corporate update in letter to shareholders - Daxor issued a corporate update in a Letter to Shareholders filed in its certified shareholder report on Form N-CSR on February 28, 2022 from CEO & President, Michael Feldschuh. "Dear Fellow Shareholder... It is my pleasure to report on Daxor's full year results for 2021. Our net asset value has risen strongly, and the operating business is experiencing exciting growth and development - increasing revenues from commercialization, great progress in research and development for our next-generation systems set to launch this year, and a growing body of clinical evidence from leading research centers of the unique value of our diagnostic to save lives and vastly improve health and hospital economic outcomes... In 2022 Daxor plans on launching its program of new point-of-care blood volume analysis systems, developed under multiple contracts with the US Department of Defense as well as grants from the National Institutes of Health...I have written in the past that to realize that promise and the enormous market potential for our products requires the company to execute on three key areas of performance: strong commercialization, next-generation product development, and continued clinical outcomes. I am pleased to report that in 2021 we made important breakthroughs building on our focus in each of these key areas."
LXP

Hot Stocks

09:15 EST Visitt signs agreement with LXP Industrial Trust - Visitt signed a portfolio-wide agreement with LXP Industrial Trust for implementation of Visitt's property operations system. As part of the agreement, the Visitt platform will be used in office and industrial properties in 15 different markets throughout the United States.
MIGI

Hot Stocks

09:15 EST Mawson in 100MW hosting co-location pact, debt facility with Celsius Mining - Mawson Infrastructure Group announces it has signed a new hosting co-location agreement for approximately 100 megawatt and associated debt facility with Celsius Mining. Mawson expects first mining hardware under this agreement to be deployed towards the end of Q1, 2022. This brings total Luna Squares hosting co-location agreements in place to approximately 102 MW. Mawson intends to deploy the mining hardware inside its Modular Data Centre technology at its facilities in the United States. In addition to the debt facility, Mawson has issued Celsius Mining 3,850,000 warrants, exercisable for 3,850,000 in common stock at $6.50. Mawson expects Bitcoin Self-Mining to be at 3.35 EH by Q2, , and target of 5 EH online by early Q1 2023 reiterated. James Manning, CEO and Founder of Mawson, said, "We are delighted to have signed our largest hosting co-location customer to date, and look forward to working closely with Celsius Mining moving forward. The industry is experiencing a shortage of energy and energy infrastructure - having focused as a business on 'Infrastructure First' long ago, this enables us to take on strategic customers in our hosting co-location business. Demand and inbound enquiry for hosting continues to rise, and we look forward to updating stockholders on this front further in due course."
ELYS

Hot Stocks

09:14 EST Elys Game Technology receives approval to operate sportsbook in Atlantic City - Elys Game Technology announced that the joint petition of Ocean Casino Resor and Bookmakers, a wholly owned subsidiary of Elys, has been approved for a term of six months from the date of the order of the New Jersey Division of Gaming Enforcement's, or NJDGE, Regulatory Enforcement Bureau dated February 25. The order is subject to the continued approval of all product submissions by the NJDGE's Technical Service Bureau as authorized by the issuance of an approval letter by the director and subject further to the representations contained within the joint petition. The approval is further subject to each new product submission's approval as required by the NJDGE's Technical Service Bureau. Pursuant to the order, the company expects to commence sports betting transactions in the temporary lounge situated at Ocean at 1 p.m. EST on Tuesday, March 1.
EMKR

Hot Stocks

09:10 EST Emcore introduces Model 1995 1550 nm High-Power CW Source DFB Laser - EMCORE Corporation announced its new Model 1995 1550 nm High-Power Continuous Wavelength Source Distributed Feedback Laser for LiDAR and autonomous vehicle applications. The model 1995 laser is designed in a cooled TOSA form-factor in a hermetic TO56 package with 6+1 pins and is characterized for use as a Continuous Wavelength coherent optical source laser for LiDAR technology. The 1995 laser incorporates a high-isolation and high-efficiency coupling scheme to deliver 15 dBm of CW optical power with excellent spectral coherence. It expands EMCORE's product offering for LiDAR which also includes the Model 1790 1550 nm High Power CW Source Laser for LiDAR in EMCORE's classic 14-pin butterfly package.
ESMT

Hot Stocks

09:10 EST EngageSmart names Scott Semel as General Counsel - EngageSmart announced the appointment of Scott Semel as Senior Vice President, General Counsel. Scott Semel, Senior Vice President, General Counsel of EngageSmart. Semel has held several chief legal officer roles at public companies, including Carbonite, Intralinks, and Novell, . Semel led the global legal, security, and compliance functions company-wide in his role as Executive Vice President and General Counsel at Intralinks, Inc. and was instrumental in completing the sale of the company in 2017. More recently, he was brought into Carbonite as part of the team that sold that business to OpenText in December 2019.
EMKR

Hot Stocks

09:09 EST Emcore introduces Model 1994 1550 nm High-Power CW Source DFB Laser - EMCORE Corporation announced its new Model 1995 1550 nm High-Power Continuous Wavelength Source Distributed Feedback Laser for LiDAR and autonomous vehicle applications. The model 1995 laser is designed in a cooled TOSA form-factor in a hermetic TO56 package with 6+1 pins and is characterized for use as a Continuous Wavelength coherent optical source laser for LiDAR technology. The 1995 laser incorporates a high-isolation and high-efficiency coupling scheme to deliver 15 dBm of CW optical power with excellent spectral coherence. It expands EMCORE's product offering for LiDAR which also includes the Model 1790 1550 nm High Power CW Source Laser for LiDAR in EMCORE's classic 14-pin butterfly package.
ACHL

Hot Stocks

09:09 EST Achilles Therapeutics selects Netrality's 401 North Broad for US headquarters - Netrality announced that Achilles Therapeutics has leased 7,243 SF of lab space at 401 North Broad. Achilles Therapeutics is developing novel cancer immunotherapies targeting clonal neoantigens: protein markers that are expressed on every cancer cell's surface. The new lab space within 401 North Broad will support research and development for T cell therapy. "We are pleased to expand our global presence with our first United States facility in Philadelphia. 401 North Broad offers access to the growing cell therapy ecosystem and is well suited to meet the scope of our U.S. R&D needs," said Dr. Iraj Ali, Chief Executive Officer at Achilles Therapeutics. Achilles Therapeutics joins Biomeme and NeuExcell Therapeutics at 401 North Broad.
SBEV

Hot Stocks

09:08 EST Splash Beverage Group expands distribution through Suncoast Beverage - Splash Beverage Group announced that through its existing agreement with Suncoast Beverage Sales in Southwest Florida, it will now distribute SALT tequila and TapouT performance drinks as well.
HYMTF

Hot Stocks

09:07 EST Hyundai Motor America reports total February sales of 52,424 units, up 8% y/y - Hyundai Motor America reported total February sales of 52,424 units, an 8% increase compared with February 2021. Tucson (+37%), Palisade (+17%) and Venue (+16%) established new February total sales records. Hyundai did not have any fleet sales for the second month in a row. Hyundai achieved its best February retail sales ever, increasing 19% year-over-year. Hyundai eco-friendly vehicle retail sales grew 278%, while SUV retail sales were up 32%, representing 77% of retail volume. Tucson, Palisade and Venue also set new February retail records.
CLSK

Hot Stocks

09:07 EST CleanSpark increases salaries of mining operations workers - CleanSpark announced that it has increased the starting salary of all existing entry-level positions in its mining operations to $19 per hour. The hourly pay of the Company is now more than that of similar positions at the biggest e-commerce or cloud-computing companies in the United States. "We want to attract the A-players with great pay and benefits," says Matt Schultz, Chairman at CleanSpark. "Like the biggest tech giants, we want to be known for having strong talent that gets paid well."
BTCS

Hot Stocks

09:07 EST BTCS adds Polkadot to blockchain infrastructure operations - BTCS announces the addition of Polkadot to its blockchain infrastructure operations. Polkadot is a fast, scalable and decentralized solution that enables data to become more interoperable across today's most heavily-utilized blockchain systems.
TWNK

Hot Stocks

09:06 EST Hostess Brands outlines long-term targets ahead of investor day - Hostess Brands will outline the company's long-term strategy to deliver growth and shareholder returns at its Investors Day at noon ET. The updated financial targets as part of the new long-term growth algorithm include: organic revenue growth in the mid-single digits, adjusted EBITDA growth of 5%-7% and earnings per share growth of 7%-9%. "We believe we have built a fantastic foundation at Hostess Brands. While we are proud of our strong performance during a period of unprecedented volatility, we are even more excited about the future as we build the Company into a snacking powerhouse," said Callahan. "Today, we are introducing a new long-term growth algorithm, which targets top-tier financial performance over the long term."
RICK

Hot Stocks

09:06 EST RCI Hospitality says certain subsidiaries to accept Bitcoin as payment - RCI Hospitality announced that Tootsie's Cabaret and Scarlett's Cabaret Miami are the first of RCI's subsidiaries to accept Bitcoin as payment. Guests can now pay using Bitcoin wallet apps on their mobile phones.
BSET JBHT

Hot Stocks

09:06 EST Bassett Furniture finalizes sale of Zenith assets to J.B. Hunt - Bassett Furniture Industries (BSET) announced that it has completed the sale of substantially all of the assets of Zenith Freight Lines, LLC, a wholly-owned subsidiary of Bassett, to a wholly-owned subsidiary of J.B. Hunt Transport Services, Inc. (JBHT). As previously announced, the sale price is approximately $87 million subject to a customary post-closing working capital true-up. Bassett and J.B. Hunt have also entered into a long-term agreement whereby J.B. Hunt commits to providing Bassett with the exceptional service Zenith has performed for Bassett for almost 50 years.
MTBC

Hot Stocks

09:05 EST CareCloud introduces latest technology enhancements to portfolio - CareCloud announced recent major system enhancements to its technology portfolio, including the launch of business intelligence software to an increased addressable market and a data management engine. With these enhancements, the Company is positioned to stay on the leading edge of technology, while providing unmatched services to today's high-growth medical practices. The technology enhancements and product launches include: PrecisionBI was re-engineered to be browser agnostic. CareCloud's talkPHR patient portal was updated. CareCloud Live, CareCloud's telehealth solution has been optimized. talkEHR, Charts and VertexDr are updated with the latest SureScripts standards certifications. CareCloud Concierge and VertexDr platforms are integrated with CareCloud's proprietary Rule Based Claim Scrubbing engine. CareCloud Connecter was launched. PrecisionBI Lite was launched and integrated with talkEHR. "Our goal for 2022 is to identify and fill technology gaps while bolstering our market position as a comprehensive technology provider for healthcare practices of all sizes," said, CareCloud CEO and President Hadi Chaudhry. "The modern healthcare practice is continuously evolving, and we are proud to provide technology and services that solve today's clinical, financial and operational challenges."
PULM

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09:05 EST Pulmatrix names Dr. Margaret Wasilewski as Chief Medical Officer - Pulmatrix announced the hiring of Dr. Margaret Wasilewski as the company's Chief Medical Officer effective March 1. Dr. Wasilewski leverages over 25 years of experience in pharmaceutical drug development. She led the clinical development program for treatment and recurrence prevention in Clostridioides difficile infection as Vice President Research and Development-Medical at Summit Therapeutics. Dr. Wasilewski held various leadership roles at Eli Lilly and Company, Targanta Therapeutics, and Shire. Her clinical development experience includes bacterial and viral infections, sepsis, neurology, and rare disease. As President of ID Remedies, LLC, she has provided scientific, medical, and regulatory consultation and business development to various biopharmaceutical companies.
MU

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09:04 EST Micron announces sampling of 176-layer NAND SSD for data center - Micron Technology announced it is sampling the world's first vertically-integrated 176-layer NAND solid-state drive for the data center. The Micron 7450 SSD with NVMeTM delivers quality-of-service latency at or below 2 milliseconds,1 a wide capacity range and the broadest set of form factors available to meet the needs of the most demanding data center workloads. This new data center SSD includes Micron's industry-leading NAND, which contains 176 layers of storage cells and proven CMOS-under-the-array technology, to deliver an ultraefficient design. Integrated with Micron's own DRAM, internally developed SoC and associated firmware, this vertically integrated SSD enables the company to rapidly respond to customer needs in the market and support strengthened device security.
CME

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09:03 EST CME Group to launch Micro-Sized Bitcoin and Ether options - CME Group announced it plans to launch options on Micro Bitcoin and Micro Ether futures on March 28, pending regulatory review. The new Micro Bitcoin and Micro Ether options contracts will be one-tenth of their respective underlying tokens in size and will offer a wide range of market participants - from institutions to sophisticated, active, individual traders - more ways to manage their exposure to the top two cryptocurrencies by market capitalization. These contracts will complement the existing Bitcoin options contracts, sized at five bitcoin and launched in 2020. Additionally, they will allow clients to express long- or short-term views with a choice of monthly as well as Monday, Wednesday and Friday weekly options expiries.
QS

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09:03 EST QuantumScape reports pact with fourth automotive original equipment manufacturer - In a regulatory filing, QuantumScape Corporation disclosed that it recently signed an agreement with a fourth automotive original equipment manufacturer or 'OEM,' which it identifies as "a top ten automaker by global revenues." The filing stated: "The companies agreed to collaborate on the validation and testing of company's solid-state battery cells with the goal of providing such cells to the OEM for inclusion into pre-production prototype vehicles and ultimately into serial production vehicles. The agreement follows testing of the company's early-stage cells by the OEM in its labs. Subject to satisfactory validation of certain milestones, the company will reserve at least five MWh of capacity from the company's QS-0 pre-pilot production line facility for this OEM. In addition, if the milestones are met and the parties mutually agree, they will work together to establish a joint venture with the objective of building and operating a U.S.-based facility to produce solid-state batteries of up to 50 gigawatt hours in capacity for use in the OEM's serial production vehicles."
RDHL

Hot Stocks

09:02 EST RedHill Biopharma: Phase 2 part of Phase 2/3 study of RHB-107 met endpoint - RedHill Biopharma announced top-line results from the Phase 2 part of the Phase 2/3 study of once-daily oral RHB-107 in non-hospitalized symptomatic COVID-19 patients, predominantly conducted in the U.S. as well as South Africa. Although not powered for efficacy assessment, the study showed highly promising efficacy results delivering a 100% reduction in hospitalization due to COVID-19, with zero patients on RHB-107 hospitalized with COVID-19 compared to 15% on the placebo-controlled arm requiring hospitalization. Furthermore, the study showed an 87.8% reduction in reported new severe COVID-19 symptoms, with only one patient on RHB-107 compared to 20% of patients on the placebo-controlled arm experiencing new COVID-19 related severe symptoms. The study met its primary outcome measure, demonstrating a favorable safety and tolerability profile of RHB-107. Study arms were well balanced with respect to baseline disease severity, risk factors and vaccination status. Patients were also tested for the specific viral strain, with the most common variant being Delta, found in 62.5% of the patients that had next generation sequencing. "These very promising efficacy results, achieved despite a small overall sample size, are impressive. Coupling the efficacy results with successfully meeting the primary endpoint of good safety and tolerability and convenient once-daily dosing, positions oral RHB-107 as a potential highly beneficial treatment for COVID-19 outpatients early in the course of disease in order to reduce symptom severity and prevent disease progression and hospitalization. Given the limitations of current options for early treatment of COVID-19, we are excited to progress the development of RHB-107, subject to additional discussions with regulatory authorities," said Terry F. Plasse MD, Medical Director at RedHill. "Equally important is our expectation that RHB-107, with its human cell factor targeting, would maintain its action irrespective of spike protein mutations, thus likely making it a highly desirable variant-agnostic potential treatment option."
DPDW

Hot Stocks

09:02 EST Deep Down rebrands to Koil Energy - Koil Energy, an international leader and provider of full cycle subsea technology solutions, has rebranded from Deep Down, Inc. The shift, announced today at Subsea Tieback Forum and Exhibition in Galveston, Texas, highlights the company's goal to energize the future of the subsea energy sector while preserving a standard of creative solutions developed over the years. "Koil Energy may be a new name, but our DNA remains the same. For the past 25 years, customers have come to depend on us not only for our results and reliability, but our fearless drive to solve complex problems with never-before-seen solutions for the toughest deepwater challenges," said Charles Njuguna, President and CEO of Koil Energy. "As our customers expand their horizons beyond traditional oil and gas, this move is a charge into a new era, with a steadfast commitment to what we pride ourselves on, nimbly finding unique ways to enhance offshore energy operations. I truly believe our success is directly attributed to the fact that we have the most experienced and dependable personnel in the industry. Our new identity as Koil Energy combines our history as the team who can handle 60 miles of umbilicals as flawlessly as you would coil up an extension cord in your backyard, with an inextinguishable passion to provide the most innovative solutions for future sources of energy, the most efficient and reliable equipment, and best in class returns for our shareholders. We are excited to see what the future holds in the rapidly changing energy space, especially as it applies to offshore operations and subsea technologies." The company has also recently announced that it will be moving its base of operations to a new facility better equipped to handle the diverse offerings of the team located in Houston, TX. Koil Energy has hit the ground running with its new identity and more announcements are coming soon as they energize the future in 2022.
NRSN

Hot Stocks

09:02 EST NeuroSense granted key patent for ALS drug PrimeC in Australia - NeuroSense Therapeutics announced the grant of a key patent in Australia. The patent, which was already granted in the US in 2021 (US 10,980,780), is titled "Methods and compositions of anti-inflammatory drug and dicer activator for treatment of neuronal diseases", and covers the company's unique fixed-dose combination of ciprofloxacin and celecoxib, two US FDA-approved drugs that are the active ingredients in PrimeC, NeuroSense's lead development candidate for treating Amyotrophic Lateral Sclerosis. This patent will last until June 2038, subject to appropriate maintenance and renewal.
TBLA

Hot Stocks

09:02 EST Taboola signs five-year deal with E! Online - Taboola announced a new five-year deal with E! Online, a global, multiplatform brand for all things entertainment, pop culture and lifestyle. Under the deal, E! Online has selected Taboola as its new, exclusive third party provider of mid article video, providing new opportunities for brand advertisers to tap into E! Online's large audience, in brand safe and visible formats. E! Online will continue to utilize Taboola Feed, a feed that provides readers with personalized publisher content and initiatives, while also recommending engaging and valuable monetization elements. "E! Online has built a must-read destination for entertainment and they have succeeded especially well in staying top of mind with young, influential readers," said Adam Singolda, CEO and founder, Taboola. "Together, we've focused on a test and learn approach that has allowed us to mutually innovate and with new additions like mid article video and Taboola Stories, we are opening new, exciting opportunities. We are grateful for the trust they have put in us in the past and in the 5 years ahead."
POST

Hot Stocks

08:57 EST BellRing Distribution announces commencement of senior notes offering - BellRing Distribution announced that it intends to commence a private offering to eligible purchasers of $840.0 million in aggregate principal amount of senior notes due 2030. The Notes are being offered in connection with the transactions involved with Post Holdings, anticipated spin-off of 80.1% of its interest in New BellRing to Post shareholders, and completion of the Notes offering is conditioned upon, in addition to market and certain other conditions, the substantially concurrent completion of the spin-off and the related merger of a subsidiary of New BellRing into BellRing Brands. The Notes will be issued to Post as partial consideration for the transfer by Post to New BellRing of certain assets, including all of the equity interests held by Post in BellRing, BellRing Brands, LLC and cash. Post will then transfer the Notes to certain of its lenders or their respective affiliates to satisfy outstanding Post debt owed to the lenders. New BellRing will use the cash received from Post, along with cash on hand and a draw on the new revolving credit facility that it will enter into as part of the transactions, to refinance BellRing LLC's existing indebtedness and to pay fees and expenses related to the transaction, as well as to distribute cash to existing BellRing stockholders in connection with the above-described merger. The Selling Noteholders intend to offer the Notes for resale in a transaction exempt from registration. The Selling Noteholders will receive all of the proceeds from such offering. Upon the closing of the offering, the Notes will be unsecured unsubordinated obligations of New BellRing and, fourteen days after the closing of the offering, will be guaranteed by New BellRing's existing and subsequently acquired or organized domestic subsidiaries. The Notes will not be an obligation of Post or any of Post's wholly-owned subsidiaries. The final terms and amounts of the Notes are subject to market and other conditions, and may be materially different than expectations.
HTBI

Hot Stocks

08:56 EST HomeTrust board authorizes stock repurchase plan up to 5% of shares - HomeTrust Bancshares announced the completion of its 5% stock repurchase program that began in July 2021. A total of 825,941 shares were repurchased at an average price of $29.63 per share. The Company's Board of Directors has authorized the repurchase of up to an additional 806,000 shares of the Company's common stock, representing approximately 5% of the Company's currently outstanding shares. The shares may be purchased in the open market or in privately negotiated transactions from time to time depending upon market conditions and other factors.
PDD

Hot Stocks

08:55 EST Pinduoduo, FAO China organize webinar on smart agriculture - The Food and Agriculture Organization of the United Nations Representation in China and Pinduoduo jointly held a webinar on how smart agriculture can bolster food production and security. Representatives from FAO, Pinduoduo, China Agricultural University, Chinese Academy of Agricultural Sciences, and finalists of the Pinduoduo-organized Smart Agriculture Competition took part and presented at the webinar.
VRAR

Hot Stocks

08:54 EST Glimpse Group appoints Matt Maher as advisor, strategic marketing partner - The Glimpse Group announced the appointment of Matt Maher, Founder of M7 Innovations, as a strategic marketing advisor. In this new role, Maher and the M7 creative team will help guide the Company as it expands its marketing efforts, strategically growing key parts of the business as it scales globally.
STIM

Hot Stocks

08:51 EST Neuronetics announces commercial launch of MT Cap in the US - Neuronetics announced the commercial launch of the MT Cap in the U.S. The company's nationwide team of clinical training managers and practice development managers are trained and available to support Neurostar practices with this new technique for determining a patient's Motor Threshold. "Having the MT Cap commercially available to our NeuroStar providers and their patients signifies another step towards making NeuroStar more easily adoptable by practices and their patients," said Keith Sullivan, President and CEO of Neuronetics, Inc. "The customer feedback from the exclusive limited release over the past two months has exceeded our expectations. Based upon the learnings from the limited release, we expect the MT Cap to be a critical new tool that helps streamline MT determination for every patient and simplify new customer training. This time savings, coupled with the fact that the MT Cap is included for NeuroStar customers at no additional charge, will be beneficial for current NeuroStar providers, their patients, and new providers looking to offer the treatment."
YTEN

Hot Stocks

08:50 EST Yield10 Bioscience announces 2021 field test results - Yield10 Bioscience announced that 2021 field test results show that the trait C3020 tested in Camelina and C3007 tested in canola produce increases in seed oil content. Further field testing of these novel oil content traits is planned in spring 2022. Summary of 2021 Field Test results for C3020 and C3007: C3020: Yield10 tested C3020 Camelina lines for the first time in its 2021 Field Test program. In field testing, the best performing Camelina lines showed an increase in seed oil content of up to 9% as compared to control plants, a result comparable to the 10% increase in oil content produced in greenhouse studies. C3007: The CRISPR genome-edited C3007 trait was field tested in canola for the first time in 2021. The best performing C3007 canola lines showed an increase in seed oil content of approximately 5%. In greenhouse studies, the C3007 canola trait produced an increase in oil content in the range of 5% as well as an increase in seed yield of up to 17%. "There is significant growth projected in the market for vegetable oil with demand driven by significant investments in renewable diesel requiring low-carbon oil feedstocks," said Oliver Peoples, Ph.D., Chief Executive Officer of Yield10 Bioscience. "Yield10 is well-positioned to address this market on two fronts. First, we are developing both spring and winter varieties of Camelina to access acreage with the crop and expand oil production. Second, we are using our GRAIN platform to develop a pipeline of trait gene targets for increasing seed yield and boosting oil content in oilseed crops."
AUVI

Hot Stocks

08:47 EST Applied UV expands reach into global cannabis market - Applied UV announces that its recently acquired Kes Science and Technologies acquisition continues its penetration into the Global Cannabis market. Kes recently received a large order for its AiroClean 420 from its US Distributor Growers House. Applied UV's internal research estimates that the legal cannabis industry grew 46% from 2019 to 2020 achieving revenue in excess of $17B. The cannabis crop is subject to many viruses that could impede growth and destroy crops. Powdery mildew is one of the most potent destroyers of cannabis grows in the world. The pathogen spreads through the air and gets into the vascular system of the plants. It remains hidden until two weeks into flowering before it wreaks havoc on the entire grow. When it is detected, growers must destroy the crop, remove all their equipment, and conduct an intensive and costly deep clean. Certain fungicides can combat powdery mildew, but these are illegal in some states and are of questionable safety given they are sprayed on something intended for human consumption. Kes Science's AiroClean420 eradicates powdery mildew and other airborne pathogens and not only protects the crops but helps protect the personnel from airborne pathogens working in the facilities growing them as well. Applied UV believes the Kes Science acquisition may allow Applied UV to further expand into the booming global legal cannabis market and capitalize on its rapid growth where further market penetration could result in increased market share, revenue, and earnings growth. The Kes Science & Technology Airoclean 420 Air Purification systems are currently used by numerous commercial cannabis grow operations throughout the US to help protect crops from all kinds of dangerous and contagious pathogens, including powdery mildew, grey mold/botrytis, allergens, bacteria, viruses, odors, VOC's.
XPL

Hot Stocks

08:46 EST Solitario reports results from Golden Crest Project - Solitario Zinc is pleased to report that it has received assay results for 24 meters of continuous rock chip-channel sampling for its Downpour Zone - Golden Crest Project, South Dakota. The grade of the entire 24-meter interval averaged 9.69 grams per tonne gold. Importantly, gold mineralization, defined by the channel samples, is open in all directions. In addition to the channel samples, results for 14 new composite grab samples were received. Highlights of this sampling include 126.0, 83.5, 52.3, 30.1, 23.3, 19.4 and 15.2 gpt gold. Results of all 14 new samples and 11 previously reported Downpour composite grab samples are reported in Table 2. Chris Herald, President and CEO of Solitario, stated: "We have had an absolutely amazing start to this exciting project. These chip-channel results confirm that our initial high-grade surface results at Downpour represent significant bedrock mineralization. Starting in mid-2021 from virtually ground zero, our geologic team has learned a lot about the nature of mineralization at Golden Crest. The results here are just the beginning of our planned aggressive 2022 exploration program to discover new areas of mineralization, further define known drill targets, and exploration drilling, pending permitting."
VYNT

Hot Stocks

08:46 EST Vyant Bio issues letter to shareholders - Vyant Bio released a Letter to Shareholders from Chief Executive Officer, Jay Roberts. "Dear Fellow Shareholders, As we enter 2022, we are beginning to see the benefits of our 2021 strategic actions to transform Vyant Bio into a pure-play drug discovery and development biotechnology company. Based on this transformation, I believe we are now well-positioned to pursue the discovery and development of repurposed and novel therapeutics to treat neurological developmental and degenerative diseases such as for Rett Syndrome, CDKL5 Deficiency Disorders, and Parkinson's Disease...We enter 2022 focused on cost efficiency and effectively bringing a repurposed drug candidate into clinical trials in the first half of 2023. Our first two novel drug candidates are expected to enter clinical trials in the second half of 2023... Further Focus and Continued Transformation: As we narrowed our focus and transformed our business strategy post-merger, we identified non-core activities and commenced taking actions to either discontinue or pause certain discovery programs and activities to allow our more promising R&D activities to take precedence and efficiently deploy our human and capital resources. We have recently engaged Colliers Securities... to assist us in the divestiture of our vivoPharm business... We expect to have this transaction completed in the first half of 2022... Further, as we noted in our September 30, 2021 Form 10-Q filing, we began transitioning certain R&D activities from our La Jolla, California location to our Maple Grove, Minnesota facility...As we refined our post-merger strategy, I have never lost sight of our shareholders and would like to thank you for your investment in Vyant Bio and express our appreciation for your ongoing support.."
RMO

Hot Stocks

08:46 EST Romeo Power secures initial phase of collaboration with Indigo Technologies - Romeo Power announced it has been awarded the first phase of a multi-phase commercial program with Indigo Technologies , an automotive OEM specializing in lightweight electric vehicles for rideshare and delivery driving targeting the lowest cost per mile. Recent evolution of the last-mile delivery and on-demand passenger vehicle sector has created a need for energy- and space-efficient vehicles that optimize constant reloading of cargo and passengers. Indigo will launch its full size, FLOW show car later this year at the Los Angeles Auto Show. The FLOW PLUS full-size show car will launch with different prototype testing versions in 2023. "Indigo's selection of Romeo Power showcases the joint efforts of two nimble companies that strongly believe in the advancement of this emerging market. Romeo is pleased to partner with Indigo and further demonstrate its innovative vehicles for the rideshare and delivery market," states Lauren Webb, Romeo's Chief Strategy and Commercial Officer. "We are pleased to announce our OEM technology collaboration with Romeo Power," stated Greg Tarr, Indigo's Chief Strategy Officer. "We have a great, technical collaboration with Romeo's leadership team to develop our lightweight commercial vehicles in conjunction with Romeo's advanced battery technology. Romeo's battery technology is designed for a diverse and wide ranging set of vehicles, including on-road, off-road, marine, and stationary applications. Romeo's superior Battery Management System will be strategically important to customers, advancing Indigo's efforts to separate itself from other purpose-built vehicles. We look forward to a valuable future of serving our mutual customer base and pioneering in the lightweight, commercial EVs sector."
SRCO

Hot Stocks

08:45 EST Sparta Commercial Services announces contracts from Town of Candor - Sparta Commercial Services announces that the Town of Candor, North Carolina has again turned to Sparta to obtain the equipment their town needs. The Company has funded multiple contracts for the Town of Candor, who has utilized the Company's Municipal Finance Program 11 separate times since 2014, for a variety of essential-use equipment such as police cruisers, fire equipment, industrial vacuums, and maintenance equipment.
STVN

Hot Stocks

08:44 EST Stevanato Group unit in $95M pact with BARDA to expand EZ-Fill vial capacity - Stevanato Group announced that its subsidiary, OMPI of America , entered into an agreement to support the Biomedical Advanced Research and Development Authority, BARDA, part of the Office of the Assistant Secretary for Preparedness and Response at the U.S. Department of Health and Human Services through its partnership with the Department of Defense's Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense and Army Contract pursuant to which BARDA has agreed to provide up to approximately $95M to Stevanato Group. Under the agreement, Stevanato Group has agreed to expand its planned manufacturing capacity in Fishers, Indiana, for both standard and EZ-Fill vials. BARDA's financing is intended to strengthen domestic capabilities in the U.S. for national defense readiness and preparedness programs for current and future public health emergencies. In addition, Stevanato Group has agreed to provide priority access to designated BARDA vaccine and drug development partners, when necessary. Franco Moro, Chief Executive Officer of Stevanato Group, said, "We are honored to have been selected by BARDA for this important investment which we believe will help fortify the U.S. pharmaceutical supply chain to meet the demands for current and future public health emergencies. We believe this investment will rapidly accelerate and scale Stevanato Group's capacity in Indiana and further expand our growth in this key strategic market."
BEP BEPC

Hot Stocks

08:44 EST Brookfield Renewable Partners completes annual filings - Brookfield Renewable Partners and Brookfield Renewable Corporation announced today the filing of their respective 2021 annual reports, including audited financial statements for the year ended December 31, 2021, on Forms 20-F with the SEC on EDGAR as well as with Canadian securities regulatory authorities on SEDAR.
DPZ

Hot Stocks

08:43 EST Domino's Pizza drops 7% to $399 after Q4 results miss estimates, CEO departure
ALLO

Hot Stocks

08:42 EST Allogene Therapeutics publishes inaugural ESG report - Allogene Therapeutics published its first ESG report. The report details the Company's commitment to corporate integrity and sustainable business operations and highlights its priorities: employees, the environment, and importantly, patients, and increasing their access to potential life-saving products. Highlights of the ESG report describe Allogene's commitment to: Improving Access to CAR T Therapy: Allogeneic CAR T has the potential to treat dramatically more patients, across more cancer types and at earlier stages, faster and with greater convenience than autologous CAR T therapies. Creating a Diverse and Inclusive Workplace: The Company is proud of the diversity of its workforce and strives to enable opportunity for underrepresented minorities. In 2020, the Company established a diversity, equity and inclusion Committee and policy, formalizing its commitment to DEI initiatives. Recruitment efforts are designed to attract candidates from underrepresented groups and the Company has implemented interview practices to safeguard against potential unconscious bias. Fostering a One Allogene Culture: In 2021, the Company launched One Allogene, an initiative that defines its culture and the core behaviors that will help drive development of AlloCAR T products for patients in need. One Allogene permeates throughout the Company, including through DEI initiatives, employee orientation and education, manager training, performance reviews, peer recognition, career development and wellness programs. Prioritizing Environmental Sustainability: The Company has several ongoing efforts to protect the environment, including utilizing renewable energy sources to reduce greenhouse gas emissions. The Company's state-of-the-art cell manufacturing facility, Cell Forge 1, was designed and constructed to be energy efficient and uses 100% carbon-free, renewable energy. Cell Forge 1 is expected to earn LEED Gold certification in design and operation in 2022. Pursuing the Highest Ethical Standards: In December 2021, the Company's Board of Directors, and Nominating and Corporate Governance Committee, approved an amendment to the Committee's charter for oversight of ESG matters. The Committee also has responsibility for reporting to the Board on ESG matters.
JOBS

Hot Stocks

08:41 EST 51job enters amended going-private transaction, consideration cut to $61 per ADS - 51job, Inc. announced that it has entered into an amendment to its previously announced agreement and plan of merger dated as of June 21, 2021 with Garnet Faith Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands. Pursuant to the amended merger agreement, and subject to the terms and conditions thereof, merger sub will merge with and into the company with the company being the surviving company, in a transaction implying an equity value of the company of approximately $4.3B in which the company will be acquired by a consortium of investors. The amendment follows the company's receipt of a letter dated January 12, 2022 from merger sub proposing to reduce the merger consideration under the original merger agreement, which was announced by the company on January 12, 2022. In addition to reducing the merger consideration per share or per ADS from $79.05 to $61.00, the amended merger agreement also extends the termination date upon which either the company or merger sub may terminate the amended merger agreement, from March 21, 2022 to August 31, 2022, and reduces the company termination fee from $80M to $70M and the merger sub termination fee from $160M to $140M. The buyer consortium intends to fund the merger through a combination of cash contributions from certain members of the consortium pursuant to their respective equity commitment letters, equity contributions from certain shareholders of the company, proceeds from certain committed term loan facilities in an aggregate amount up to $1.875B from China Merchants Bank Co., Ltd. The merger, which is currently expected to close during the first half of 2022, is subject to customary closing conditions including the approval of the amended merger agreement by an affirmative vote of holders of shares representing at least two-thirds of the voting power of the shares present and voting in person or by proxy as a single class at a meeting of the company's shareholders which will be convened to consider the approval of the amended merger agreement and the merger. Rick Yan, together with entities through which Mr. Yan beneficially owns shares, Recruit, and certain other existing shareholders of the company have agreed to vote all of the shares and ADSs they beneficially own, which represent approximately 54.9% of the voting rights attached to the total outstanding shares of the company as of the date of the amended merger agreement, in favor of the authorization and approval of the amended merger agreement and the merger. If completed, the merger will result in the company becoming a privately-held company and its ADSs will no longer be listed on the NASDAQ Global Select Market.
UPS

Hot Stocks

08:41 EST UPS chief information, engineering officer Juan Perez retires - UPS announced that Juan Perez, Executive Vice President and Chief Information and Engineering Officer is retiring after a distinguished career. Scott Price, Executive Vice President International, also is retiring from the company; both are effective March 31, 2022. Kate Gutmann, Chief Sales and Solutions Officer and Executive Vice President UPS Global Healthcare will move to a newly created role of Executive Vice President and President International, Healthcare and Supply Chain Solutions. Kate will be responsible for these business units, including their operations and sales teams as well as global solutions and global sales operations. Kate's current role will be eliminated as she takes on these broader responsibilities. Nando Cesarone, Executive Vice President and President U.S., including small package, transportation and the UPS Airline operations, will assume additional responsibility for U.S. sales as well as the company's automotive, and global buildings and systems engineering groups. The company has an external search underway for a new leader for the role of Executive Vice President and Chief Information Officer.
IPWR

Hot Stocks

08:41 EST Ideal Power adds leading EV manufacturer to B-Tran test program - Ideal Power announced that a leading manufacturer of commercial electric vehicles, EVs, EV powertrain components and EV charging infrastructure will be sampling B-TRAN devices for use in power conversion applications in its commercial EVs, initially for the DC-DC converter, with other EV and EV charging applications potentially to follow. This represents Ideal Power's third test and evaluation announcement in the EV space. "We are excited to collaborate with this EV leader and look forward to seeing the results of B-TRAN testing and evaluation in EV power conversion applications," stated Dan Brdar, President and Chief Executive Officer of Ideal Power. "The fast switching, low conduction losses, and bidirectional capability of B-TRAN are well-suited for EVs, where fewer components and less weight mean better power efficiency and greater EV range. We are now working with a broad range of leading companies as well as smaller, innovative companies and research universities, in each of our target market segments - EVs, EV charging, renewable energy, uninterruptible power supply systems for data centers, and solid-state circuit breakers - who are looking for new, more efficient approaches to their product offerings."
DPZ

Hot Stocks

08:41 EST Domino's Pizza see 2-3 year global retail sales growth, ex-FX, 6%-10% - Sees 2-3 year global net unit growth 6%-8%.
GILD

Hot Stocks

08:40 EST FDA cites CMC issues in complete response letter to Gilead for lenacapavir NDA - Gilead announced the FDA has issued a complete response letter, or CRL, for the New Drug Application, or NDA, for lenacapavir, an investigational, long-acting HIV-1 capsid inhibitor under review for the treatment of HIV-1 infection in heavily treatment-experienced people with multi-drug resistant HIV-1 infection. In the CRL, the FDA has cited Chemistry Manufacturing and Controls, or CMC, issues relating to the compatibility of lenacapavir with the proposed container vial as the reason for their action. As previously announced, FDA raised questions about vials made of borosilicate glass and their compatibility with lenacapavir solution, which has resulted in a clinical hold for injectable lenacapavir.
CSCW

Hot Stocks

08:39 EST Color Star Technology announces partnership with France's Galtiscopio Gatti - Color Star Technology announced that Galtiscopio Gatti, a luxury women's watch brand from France, has officially entered the Color World metaverse platform. Color Star will assist the brand in its online brand marketing and help the company seize the new market opportunities presented by the metaverse.
DSEY

Hot Stocks

08:38 EST Diversey appoints Katherine Zanotti to board of directors - Diversey Holdings has appointed Katherine Zanotti to the company's board of directors, effective March 1, 2022. This appointment will bring the total number of directors to eleven. Katherine Zanotti served as Chief Executive Officer of Arbonne International, a skin care, cosmetic and nutrition company, from 2009 until 2018.
HZO

Hot Stocks

08:38 EST MarineMax extends previously announced stock repurchase program - MarineMax announced that its Board of Directors approved an extension of its previously announced stock repurchase plan authorizing the Company to repurchase up to a total of 10M shares of its common stock during the period ending March 31, 2024. The new repurchase plan extends the March 2020 plan, which authorized the repurchase of up to 10M shares through March 31, 2022, of which approximately 700,000 shares had been repurchased as of February 24, 2022. Under the plan, the Company may purchase common stock from time to time in the open market or in privately negotiated block purchase transactions. The amount and timing of any purchases will depend upon a number of factors, including the price and availability of the Company's stock and general market conditions. The Company intends to repurchase shares to mitigate the dilutive effect of restricted stock and shares repurchased may be reserved for later reissue in connection with employee benefit plans and other general corporate purposes.
SBET

Hot Stocks

08:37 EST SharpLink cleared to reach 59% of legal U.S. sports betting market in 12 states - SharpLink Gaming announced the Company is authorized to provide sports betting conversion solutions and affiliate marketing services in 12 U.S. state jurisdictions, where online sports betting has been legalized. These jurisdictions include Colorado, Illinois, Iowa, Montana, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, West Virginia, Wyoming and Washington, D.C. SharpLink is also in the later stages of the licensing process in four additional U.S. states, which include Arizona, Louisiana, Michigan and Virginia. In 2018, the U.S. Supreme Court overturned the Professional and Amateur Sports Protection Act, freeing states to establish their own regulated sports betting. According to LegalSportsReport.com, the total dollars wagered in legal sports betting states in the month of December 2021 totaled $6.92 billion. The total betting handle for the 12 states and Washington, D.C. in which SharpLink is now cleared to operate reached over $4.07 billion, representing approximately 59% of the legal sports betting market reported for December 2021.
FSTR

Hot Stocks

08:37 EST L.B. Foster maintains 'optimistic outlook' regarding long-term trends - The Company's backlog continues to be robust at $210.2M, although down versus prior year and prior quarter due to lower order rates in Rail, Technologies, and Services and Steel Products and Measurement. The Company is maintaining its optimistic outlook regarding the longer-term trends in its core end markets of freight and transit rail and general infrastructure. While overall quotation activity and demand in these markets continues to improve, they are still below pre-pandemic levels. Consistent with previous expectations, midstream energy markets and related pipeline investment projects remain at depressed levels and are expected to remain so for the foreseeable future. Ongoing cost containment measures in the businesses serving these markets will be critical to minimizing further operating margin deterioration. The present inflationary environment in labor and raw materials continues to pressure margins across the business, and the Company has taken and will continue to take pricing actions where possible to help mitigate such impacts. In addition, the Company continues to take proactive steps to manage disruptions in raw materials, labor, supply chains, service partner resources, and lingering COVID-19 related effects to mitigate their adverse impact on its operations and results as much as possible. While such conditions and the related impacts are expected to improve in 2022, they could persist throughout 2022 and possibility longer.
DRRX

Hot Stocks

08:36 EST Durect doses first patient in Phase 2b AHFIRM study of larsucosterol - Durect announced it dosed the first patient in the European Union as part of its AHFIRM randomized, double-blind, placebo-controlled, multi-center Phase 2b study to evaluate the safety and efficacy of larsucosterol in severe alcohol-associated hepatitis patients.
CTSDF

Hot Stocks

08:36 EST Converge Technology says Portage Cybertech acquires 1CRM Systems - Converge Technology Solutions is pleased to announce its majority owned subsidiary, Portage CyberTech has acquired 1CRM Systems Corp. 1CRM is the twenty-eighth acquisition made by Converge or its affiliates and the second acquisition made by Portage CyberTech, A Converge Company. Headquartered in Victoria, Canada, 1CRM's SaaS-based software suite has been deployed to thousands of client sites across North America, Europe, and Australia. 1CRM's software operates in the cloud and on premise, with the ability to handle daily task management, marketing automation, sales and opportunities, order management, client service and project management in a single system. This acquisition delivers a key set of business management tools for clients to manage their business day, driving more value to their customers and attracting more clients to our platform. 1CRM Systems Corp. had trailing twelve-month revenue of approximately $820 thousand for the period ended October 31, 2021. The purchase price consisted of the following: $3 million in cash paid at closing; up to an aggregate of $2 million in earn-out payments for the two years following closing of the acquisition based on the achievement of certain milestones.
CRAI

Hot Stocks

08:36 EST CRA International announces acquisition of Welch Consulting, terms undisclosed - Charles River Associates announced its acquisition of Welch Consulting, "a leader in economic consulting, research, and analysis of labor and employment issues," sid the statement. Under the terms of the transaction, which closed on February 28 CRA purchased substantially all of the assets of Welch Consulting and retained the services of Welch's approximately 45 employees, including five individuals who will become vice presidents within CRA's Labor and Employment Practice: G. Edward Anderson, Amy M. Aukstikalnis, Hyowook Chiang, Valentin Estevez, and Jora B. Stixrud. Donald R. Deere and Michael P. Ward will affiliate with CRA as senior consultants. "This acquisition is entirely complementary for CRA and will approximately double the size of our strong Labor and Employment Practice, while being accretive to our earnings in 2022," said Paul Maleh, CRA's President and Chief Executive Officer. "We are thrilled to welcome aboard Welch Consulting's team of experts. They will deepen our bench and enhance the in-depth analysis and advisory services we provide to law firms, companies, and government agencies involved in complex labor and employment matters."
UWMC

Hot Stocks

08:35 EST UWM Holdings sees Q1 production $33B-$42B - The company said, "We anticipate first quarter production to be in the $33-$42 billion range, with expected gain margin between 75 and 85 bps."
BTU

Hot Stocks

08:35 EST Peabody Energy launches R3 Renewables with Summit Partners, Riverstone - Peabody announced that it has launched R3 Renewables, a renewable energy development company, in a joint venture with Riverstone Credit Partners and Summit Partners Credit Advisors. R3 Renewables will pursue the development of over 3.3 GW of solar PV and 1.6 GW of battery storage capacity over the next five years. The partnership brings together collective strengths in renewable energy project development, environmental management, extensive land holdings, permitting, and capital markets. Initially, R3 Renewables will be engaged in the development of six potential sites on large tracts of land on or near previous coal mining operations in Indiana and Illinois. The portfolio size and strategic site locations, each of which is in close proximity to grid injection points, offer the potential for the development of the largest solar and battery storage projects in both Indiana and Illinois.
HMHC

Hot Stocks

08:33 EST Laughing Water issues letter to board of directors, employees of Houghton - Laughing Water Capital issued a letter to the Board of Directors and employees of Houghton Mifflin Harcourt Company. In the letter, LWC explains why it will NOT be tendering its shares into Veritas Capital's $21 per share tender offer to acquire the Company. The full text of the letter follows: "Dear Members of the Board and Valued Employees: Laughing Water Capital is a significant stockholder of Houghton Mifflin Harcourt Company and has been a public cheerleader for the Company over the last year... we are extremely disappointed by the Board of Directors' decision to support a tender offer from Veritas Capital that seemingly will allow Veritas to capture the spoils that HMHC's employees have worked so hard for, and that HMHC stockholders have waited so patiently for. We do not believe that this tender offer is in the best interest of stockholders, and we do not believe it is in the best interest of employees, and we will thus NOT be tendering our shares... We further question the timing of this POTENTIAL transaction, as the deal was announced only two days before HMHC's previously scheduled Q4'21 conference call, where management would have surely provided guidance for FY'22, and provided information about the continued growth of HMHC's SaaS offerings, which clearly deserve a higher multiple than traditional education assets....We also question the price the Board chose to endorse... If HMHC specifically - or the K-12 Content Industry more broadly - was about to plummet off a cliff, then perhaps this multiple would be justifiable... We would not argue that this super-normal FCF potential should be capitalized indefinitely in the form of a drastically higher acquisition multiple, but to suggest that stockholders should sell at an extreme discount to normalized levels in advance of super-normal levels boggles the mind...In conclusion, we believe this PROPOSED transaction comes with more questions than answers as it does not appear to be in the best interest of stockholders or employees. We thus WILL NOT TENDER OUR SHARES, and we invite the Board and management to ponder the above questions internally when considering if they are fulfilling their fiduciary duties."
DPZ

Hot Stocks

08:32 EST Domino's Pizza reports Q4 U.S. same store sales growth of 1.0% - Reports Global retail sales growth (excluding foreign currency impact and 53rd week impact) of 9.0% for the fourth quarter; 11.7% for fiscal 2021; U.S. same store sales growth of 1.0% for the fourth quarter; 3.5% for fiscal 2021; International same store sales growth of 1.8% for the fourth quarter; 8.0% for fiscal 2021; Global net store growth of 468 for the fourth quarter; 1,204 for fiscal 2021.
AVCT

Hot Stocks

08:28 EST Kandy announces IPTF Click-to-Connect available to AT&T IPTF users - American Virtual Cloud Technologies' Kandy Communications business unit announced that IPTF Click-to-Connect is available to AT&T IP Toll-Free users. Together with Kandy, AT&T is helping to provide more businesses with the ability to transform their customer experience.
STLA

Hot Stocks

08:27 EST Stellantis announces its new strategic plan Dare Forward 2030 - Stellantis unveiled Dare Forward 2030, its strategic plan for the coming decade that will drive Stellantis employees to be 'second to none' in value creation for all stakeholders." Stellantis commits to becoming the industry champion in the fight against climate change, reaching carbon net zero emissions by 2038," the company said. Stellantis CEO Carlos Tavares said: "Dare Forward 2030 inspires us to become so much more than we've ever been... Stellantis will be the industry champion in climate change mitigation, becoming carbon net zero by 2038, with a 50% reduction by 2030. Taking a leadership role in decarbonization, as well as a decisive step forward in the circular economy, is our contribution to a sustainable future. As part of that leadership, we are setting the course for 100% of sales in Europe and 50% of sales in the United States to be battery electric vehicles, BEVs, by the end of this decade. We plan to have more than 75 BEVs and reach global annual BEV sales of five million vehicles by 2030. Today, we are thrilled to present the Jeep brand's first-ever fully electric SUV launching in early 2023 and a preview of the new Ram 1500 BEV pickup truck arriving in 2024... We will double our Net Revenues by 2030 and sustain double-digit Adjusted Operating Income margins throughout the decade."
SMLR

Hot Stocks

08:27 EST Semler Scientific: Study of QuantaFlo published in Journal of Vascular Surgery - Semler Scientific announced a study was published on-line as a pre-proof in the peer-reviewed Journal of Vascular Surgery with data collected using QuantaFlo under real-world conditions. The article is, "The Nevada Peripheral Artery Disease Screening Effort in a Medicare Advantage Population and Subsequent Mortality and Major Adverse Cardiovascular Event Riski." The study analyzed screening tests using QuantaFlo for undetected and asymptomatic peripheral arterial disease in a Medicare Advantage population with three-year follow up. In this study, 13,971 patients were tested and 31.6% had a positive result for PAD. The large metropolitan area was characterized by concentrations of atherosclerotic risk factors along with a more vulnerable socio-economic risk profile. The risk associated with detecting PAD was substantial with a 60-70% increased risk of all-cause mortality or morbidity at one year and a 40-50% increased risk of all-cause mortality or morbidity at three years. The association of risk at three years was not modified following multivariable adjustment. The study's take home message: "A positive screening result of previously undetected lower extremity PAD was independently associated with short-term and long-term increased risks for mortality and major adverse cardiovascular events in individuals aged 65 years and older living in a large, metropolitan area."
ONVO

Hot Stocks

08:26 EST Organovo, BICO reach licensing agreement on bioprinting patents - Organovo Holdings announced they have reached agreement on a broad license for BICO and its affiliate companies to Organovo's foundational patent portfolio in 3D bioprinting. Founded in 2016, BICO is the leading bio convergence company in the world. Cellink continues to operate as a wholly owned division of BICO. Organovo exclusively licensed early bioprinting work by Gabor Forgacs, its scientific founder, and Thomas Boland of Clemson, both bioprinting pioneers. After its founding, the company did early innovation in the 3D bioprinter space and obtained a further broad set of patents that provide foundational claims in the bioprinting space. In order to broaden the impact of the technology and serve the needs of a broad array of researchers and other users of bioprinting, the company seeks to make these patents available for license to first rate bioprinter developers. Organovo and BICO were engaged in several legal disputes regarding the patents. Under the new agreement, all civil actions regarding potential infringement and IPRs concerning validity of Organovo's patents are dismissed and/or terminated. Both BICO and Organovo have released each other from all previous claims, demands liabilities and costs in favor of the beneficial and sustainable solution created through this patent license agreement. In accordance with SEC requirements, Organovo has included in its 8K filing a description of all material terms of the settlement agreement. A copy of the entire agreement will be filed as an exhibit to the Company's Annual Report on Form 10-K for the year ending on March 31, 2022.
DPZ

Hot Stocks

08:26 EST Domino's Pizza CEO Ritch Allison to retire, Russell Weiner to succeed - Domino's Pizza announced that Ritch Allison has informed the Board of Directors of his intention to retire from the company. Allison will continue to serve as CEO through April 30, and will remain on the Domino's Board of Directors until the company's 2022 Annual Meeting of Shareholders on April 26, 2022. The Board has appointed Russell Weiner, Domino's COO and President - Domino's U.S., to succeed Allison as the company's next CEO, effective May 1. Weiner will stand for election to the Board at the upcoming Annual Meeting of Shareholders. Allison will continue to provide his guidance and expertise to the company in an advisory capacity until he retires from Domino's on July 15. In connection with today's announcement, David Brandon will transition from Chairman of the Board to the newly established position of Executive Chairman, effective May 1.
NARI

Hot Stocks

08:24 EST Inari Medical appoints Robert Warner to board of directors - Inari Medical announced the appointment of Mr. Robert Warner to its board of directors. Mr. Warner will serve as a member of the Audit Committee of the board. From August 2015 to February 2018, Mr. Warner served as President and General Manager of Alcon Vision Care Franchise.
CABA

Hot Stocks

08:24 EST Cabaletta Bio announces FDA granted FTD for MuSK-CAART - Cabaletta Bio announced that the U.S. Food and Drug Administration, FDA, has granted Fast Track Designation, FTD, for MuSK-CAART, or muscle-specific kinase chimeric autoantibody receptor T cells, to improve activities of daily living and muscle strength in patients with MuSK antibody-positive myasthenia gravis. MuSK-CAART is being evaluated as a potential treatment for patients with MuSK-associated myasthenia gravis. Cabaletta's Investigational New Drug, IND, application was recently cleared by the FDA within the routine 30-day review period. Cabaletta plans to initiate a first-in-human clinical trial in 2022 for MuSK-CAART. "Anti-MuSK autoantibodies are observed in a subset of patients diagnosed with MG, and the limited treatment options for these patients underscore the need for a new and more effective standard of care," said David Chang, M.D., Chief Medical Officer of Cabaletta. "We believe the FDA's decision to grant Fast Track Designation highlights the need for a treatment capable of potentially delivering deep and durable responses for patients living with MuSK-associated MG. We look forward to initiating our first-in-human trial later this year."
VFF

Hot Stocks

08:23 EST Pure Sunfarms, NOYA bring Cookies cannabis concentrates to Canada - Pure Sunfarms, a wholly-owned subsidiary of Village Farms InternationaL, announces it, together with its partner NOYA Cannabis, has launched Cookies concentrates in Canada. Working with Cookies genetics from NOYA, the exclusive cultivation and processing partner of Cookies in Canada, Pure Sunfarms has grown and processed Cookies strains into cannabis concentrates. The initial offering includes GP20 Diamonds, GP20 Sauce, Georgia P Diamonds, and Georgia P Sauce now available in Ontario.
FUBO

Hot Stocks

08:23 EST FuboTV, Kantar team on advertising effectiveness to 'prove power of CTV' - Kantar, "the world's leading data-driven analytics and brand consulting company," according to a company statement, announces its partnership with fuboTV. The partnership, leveraging Kantar's flagship media effectiveness product Brand Lift Insights, allows advertisers and marketers running campaigns on fuboTV to better understand the effectiveness of their connected TV, CTV advertising and benchmark their performance against that of their competitors. We are thrilled to be partnering with Kantar to help marketers better link investments on CTV to business outcomes," said Diana Horowitz, SVP, advertising sales at fuboTV. "Marketers understand that CTV is an extremely valuable advertising medium, combining the power, reach, and the big screen experience of traditional TV with capabilities like first-party addressable audience targeting - all in a premium, brand safe environment. Now they can prove the value of CTV campaigns using Kantar's CTV insights."
MREO EMNSF

Hot Stocks

08:22 EST Mereo BioPharma announces appointment of Hyland to board of directors - Mereo BioPharma (MREO) announced the appointment of Anne Hyland to the Company's Board of Directors, effective immediately. Hyland has also been appointed to serve on the Audit and Risk Committee of the Board. Hyland is a non-executive director and Chair of the Audit and Risk Committee of Clinigen Group. She is also Chair of the Audit Committee and a non-executive director of Elementis (EMNSF).
POETF

Hot Stocks

08:22 EST Poet Technologies announces product demos, tech showcase event - POET Technologies announced that it will be demonstrating two advanced Optical Engine products and participating in a "Technology Showcase" event at the upcoming Optical Fiber Conference Exhibition on March 8 - 10, 2022, at the San Diego Convention Center. In addition, the Company announced the appointment of Raju Kankipati as Vice President - Product Line Management. POET's Optical Engine products will include a 200G FR4 TX (transmit) engine and a 400G FR4 RX engine which will be demonstrated live to customers, business partners, analysts, media and other attendees by appointment in its booth, #5301, at the exhibition. Interested parties are encouraged to contact the Company to arrange an appointment. Dr. Suresh Venkatesan, Chairman & CEO of POET Technologies, will also be appearing at the OFC Technology Showcase event on Wednesday, March 9, 2022, from 12:30 - 1:00 p.m. PST at the Expo Theater III and presenting a talk called "Hybrid Integration Platform for Co-packaged Photonics using POET's CMOS-based Optical Interposer". OFC is the premier event for the optoelectronics industry held in the U.S. and offers POET an opportunity to continue to grow its customer engagements and demonstrate the Optical Interposer's solutions for multiple market verticals. Additionally, the Company announced its recent appointment of Raju Kankipati to Vice President of Product Line Management. In this position, Kankipati will head up Product Management and Sales & Marketing for POET. Kankipati has more than 20 years of experience in optical transceivers, optical components, cloud data center and optical networks. Most recently he was employed at MACOM, where he was the Senior Director of Product Management for optical components, including lasers, photodetectors, silicon photonics, and photonic solutions.
TTMI

Hot Stocks

08:20 EST TTM Technologies to build new manufacturing facility in Malaysia - TTM Technologies announced that it will open a new printed circuit board, PCB, manufacturing facility in Penang, Malaysia. "The decision to build this new factory is a direct response to our customers' increasing concerns about supply chain resiliency and regional diversification, and, in particular, the need for advanced multi-layer PCB sourcing options in lower cost regions," the company said. The facility, located at the Science Park in Penang, will be on a production site of approximately twenty-seven acres. Construction is expected to begin in 2022 with equipment installation in 2023. The factory is planned to support a 25% upside Phase 2 expansion. "As many of our customers have been more focused on the reliability of their supply chains, I am excited to announce that TTM will build a new manufacturing facility in Malaysia to offer our commercial customers an alternate lower cost manufacturing region for sourcing advanced PCBs," said Tom Edman, CEO of TTM. "Not only will this facility provide a new opportunity for growth, TTM will be regionally more diversified, providing more long term stability, and further improving our position to serve the needs of all stakeholders - customers, suppliers, investors and employees." The company expects that the total capital spending for this facility will be $130M and this investment will be spread between 2022 through 2025.
DSKE

Hot Stocks

08:20 EST Daseke confirms expiration of warrants - Daseke confirmed that the common stock warrants that were originally issued in 2015 in connection with its initial public offering, have expired in accordance with their terms, as of Sunday, February 27, 2022, and are no longer exercisable. NASDAQ suspended trading in the warrants on February 24, 2022, so that all outstanding trades could be settled by the expiration date. The Company had issued a total of 35,040,664 warrants. Each warrant entitled the holder to purchase one-half of one share of common stock at $5.75 per half share. Prior to the expiration date, 1,635,314 warrants were submitted for exercise, resulting in $9,403,055.50 in proceeds to the Company and 817,657 of new shares issued to the former warrant holders.
MDGS

Hot Stocks

08:19 EST Medigus JV Revoltz receives first order for micro mobility vehicles - Medigus announced today that Revoltz, an EV and wireless charging joint venture of which Medigus owns 19.9%, and which is operated through its wholly owned subsidiary, Charging Robotics Ltd. received first order for PORTO units, Revoltz' advanced micro-mobility vehicles for the last mile delivery market. Revoltz managed to design, manufacture, and launch PORTO in less than one year after the establishment the JV between Medigus, Amir Zaid and Weijian Zhou, a leading micro-mobility Chinese manufacturer. Revoltz's first customer is a leading global distributor that provides distribution services for last mile deliveries for global shipping companies. The distributor initially purchased the modular vehicles for its own operations and intends to use the PORTO vehicles to conduct initial commercial testing, which may potentially lead to a larger commercial order.
BPOP

Hot Stocks

08:19 EST Popular announces entry into $400M accelerated share repurchase agreement - Popular announced that on February 28 it entered into an accelerated share repurchase agreement to repurchase an aggregate of $400M of Popular's common stock. Popular previously disclosed in a press release on January 12, 2022 its plan to repurchase up to $500M of its common stock as part of its planned capital actions for 2022. Under the terms of the ASR Agreement, on March 2 the Corporation will make an initial payment of $400M and receive an initial delivery of 3,483,942 shares of Popular's Common Stock.
IQV

Hot Stocks

08:19 EST Iqvia announces Vyvgart development agreement with argenx SE - Iqvia announced an agreement with argenx SE. The multi-year contract covers a unique collaboration for the development of new indications for Vyvgart, an FDA-approved neonatal Fc receptor blocker for the treatment of generalized myasthenia gravis in adult patients who have a specific antibody receptor. While terms of the deal have not been disclosed, the collaboration will support clinical development, regulatory, commercial and real-world evidence strategy to accelerate the development of new indications for Vyvgart.
RCM

Hot Stocks

08:19 EST R1 RCM issues 2021 ESG report - R1 RCM released its 2021 Environmental, Social, and Governance report, presenting its continued focus on and commitment to advancing a best-in-class ESG program. R1's 2021 ESG report and program reflects its mission to make healthcare simpler. R1 strives to achieve this by improving the patient and provider experience through innovation and technology; operating with integrity and compassion; fostering an inclusive and diverse workforce; and caring for its local and global communities and environment. These commitments, noted throughout the report with expanded narrative and metrics, support and align with leading ESG frameworks, including the United Nations Sustainable Development Goals and industry-based ESG standards recommended by the Sustainability Accounting Standards Board, and the Task Force on Climate-Related Disclosures.
CRNC VWAGY

Hot Stocks

08:18 EST Cerence, Volkswagen expand strategic partnership - Cerence (CRNC) announced that Volkswagen (VWAGY) has selected Cerence to power voice and conversational AI in its next-generation infotainment system, first available in the all-new Volkswagen Golf 8 GTI. This enhanced system features improved speed and higher accuracy, delivering natural, intuitive interaction to VW drivers. Activated with a simple, "Hey Volkswagen," VW's new interactive voice interface leverages Cerence Drive 2.0, which integrates Cerence's embedded and cloud natural language understanding and text to speech technologies in one unified software stack. "Volkswagen has a long legacy of meaningful innovation that puts its drivers at the forefront," said Stefan Ortmanns, CEO, Cerence. "The next-generation Volkswagen infotainment system is no exception, and we are proud to partner with VW as they unveil a new era of intuitive voice interaction that will enhance driver safety and productivity while on the road."
CLBS

Hot Stocks

08:18 EST Caladrius receives $2.3M of non-dilutive capital through NJ program - Caladrius Biosciences announced that it has received $2.3 million in non-dilutive funding as an approved participant of the Technology Business Tax Certificate Transfer Program sponsored by the New Jersey Economic Development Authority. The Program enables qualifying New Jersey-based biotechnology or technology companies to sell a percentage of their New Jersey net operating losses and research and development tax credits to unrelated qualifying corporations.
QNRX

Hot Stocks

08:17 EST Quoin Pharmaceuticals extends exclusive distribution agreement with ER-Kim - Quoin Pharmaceuticals announced that its wholly-owned subsidiary, Quoin Pharmaceuticals, Inc., has extended its exclusive Distribution Agreement with ER-Kim, a partner for biotech companies in Central and Eastern Europe, for QRX003, the Company's investigational treatment for Netherton Syndrome, a rare and devastating genetic disease for which there is currently no available treatment or cure. Under the terms of the revenue sharing agreement, which was initially announced earlier in February 2022, ER-Kim gains exclusive rights to commercialize QRX003 in six additional countries. These include Turkey, Georgia, Azerbaijan, Greece, Cyprus, and Malta and are in addition to the fifteen countries covered under the initial agreement that included Albania, Bosnia & Herzegovina, Bulgaria, Croatia, Czechia, Hungary, Kosovo, Moldova, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, and Slovenia. Quoin will be the exclusive supplier of QRX003 to ER-Kim.
CNTB TBPH

Hot Stocks

08:16 EST Connect Biopharma appoints Chin Lee as CMO - Connect Biopharma (CNTB) announced the appointment of Chin Lee, MD, MPH, as Chief Medical Officer, CMO, effective March 1, 2022. Dr. Lee brings more than 15 years of clinical research and development experience in the biopharmaceutical industry. Prior to joining the Company, Dr. Lee served as Vice President, Head of Clinical Science, and Chief Medical Officer at Theravance Biopharma (TBPH).
KIDS

Hot Stocks

08:15 EST OrthoPediatrics to highlight pediatric scoliosis solutions at ICSS - OrthoPediatrics was the leading sponsor of the 7th Annual International Children's Spine Symposium, which took place February 25-26, 2022 in Orlando, Florida. The meeting offered a comprehensive program of lectures given from an outstanding international faculty as well as hands-on cadaver labs centered on the cervical spine, lumbo-sacral junction, neuromonitoring, and various aspects of scoliosis. Over the course of the event, the Company will highlight the unique benefits of its RESPONSE Scoliosis System, FIREFLY Pedicle Screw Navigation Guides, which feature intuitive, 3D printed, patient-specific technology that eliminates the need for intraoperative radiation and the excessive fluoroscopy typically required with complex spinal reconstruction surgeries. Additionally, the Company presented its ApiFix System, a technology which offers a non-fusion alternative to adolescent idiopathic scoliosis surgery. The Company acquired the Israeli-based ApiFix technology in 2020 and has been building a rigorous patient registry in the US alongside the commercial launch of the product. In addition to showcasing its product offering, the Company provides travel grants for senior residents and fellows to enable attendance at the meeting.
FSTX

Hot Stocks

08:15 EST F-star Therapeutics appoints James Sandy as CDO - F-star Therapeutics announced today that James Sandy has been appointed as Chief Development Officer, effective today. Mr. Sandy will lead the clinical development and advancement of F-star's pipeline. Before joining F-star Therapeutics James served as Chief Development Officer at Ellipses Pharma, Immunocore, and Creabilis Pharmaceuticals. In connection with Mr. Sandy's appointment, the company is reporting an inducement option grant under Nasdaq Listing Rule 5635(c)(4). The Compensation Committee of the F-star Board of Directors has approved a non-qualified stock option award to purchase an aggregate of 50,000 shares of F-star common stock and 25,000 restricted stock units to Mr. Sandy. The option and RSUs were granted outside of the Company's 2019 Equity Incentive Plan as an inducement material to Mr. Sandy's acceptance of employment with the Company. The stock option will have an exercise price equal to the fair market value of F-star's common stock on his start date. The stock option vests over four years, with 25% of the award vesting on the first anniversary of his employment, and as to an additional 1/36th of the shares monthly thereafter. The RSUs vest over four years with 25% of the award vesting on the first anniversary of his employment and thereafter in equal quarterly installments over a period of three years. The vesting of both the option and the RSU is subject to Mr. Sandy's continued service through the applicable vesting dates.
URGN

Hot Stocks

08:15 EST UroGen Pharma submits UGN-301 IND to FDA - UroGen Pharma announced the submission of an investigational new drug application, or IND, for UGN-301 to the FDA in support of the planned initiation of a multi-arm, Phase I clinical study for its anti-CTLA4 antibody. The study is expected to begin in Q2 and will evaluate the safety and tolerability of UGN-301 as monotherapy and in combination with other immunomodulators and chemotherapies in recurrent non-muscle invasive bladder cancer, or NMIBC. This clinical program builds on encouraging preclinical data showing that intravesical administration of anti-CTLA4 and a TLR agonist leveraging the RTGel platform can produce clinical benefit in the setting of high-grade bladder cancer. It will take approximately 12 months to complete the monotherapy arm of the study.
LPCN

Hot Stocks

08:14 EST Lipocine announces regulatory guidance on LPCN 1144 - Lipocine provided an update from the Type C guidance meeting with the U.S. FDA regarding the development path for LPCN 1144. LPCN 1144 is targeted for treatment for nonalcoholic steatohepatitis in non-cirrhotic men. NASH is a more advanced state of non-alcoholic fatty liver disease and can progress to a cirrhotic liver or liver failure, require liver transplant, and can result in hepatocellular carcinoma/liver cancer, and can lead to death. The FDA provided a written response in which it acknowledged that the New Drug Application submission of LPCN 1144 would be via 505(b)2 regulatory pathway. The FDA also agreed that no additional nonclinical studies are needed to support a 505(b)(2) NDA submission for LPCN 1144. The FDA acknowledged that in the phase 2 study completed by Lipocine to evaluate LPCN 1144 in NASH, subjects achieved improvements in key components associated with NASH histopathology after 36-weeks of treatment with LPCN 1144 in adult males. The FDA agreed that the proposed multicomponent primary surrogate endpoint is acceptable for seeking approval under the accelerated approval pathway. The FDA has recommended Lipocine either conduct a separate dose-ranging study prior to phase 3 or evaluate multiple doses in the phase 3 study. The multicomponent primary surrogate endpoint proposed to FDA by Lipocine is acceptable for seeking approval under the accelerated approval pathway and FDA recommended a phase 3 study duration of 72 weeks. The FDA has requested that Lipocine submit an updated phase 3 protocol for FDA feedback on the study design and recommended requesting an end-of-phase 2 meeting to discuss the phase 3 and confirmatory trial designs, including the plan for reading liver histopathology. "We are pleased to have achieved alignment with the FDA on key elements of a development plan for LPCN 1144 in non-cirrhotic NASH." said Dr. Mahesh Patel, Chairman, President, and CEO of Lipocine. "We plan to submit an updated phase 3 protocol to the FDA for its review."
LDOS RTX

Hot Stocks

08:12 EST Leidos names Maureen Waterston as Chief Human Resources Officer - Leidos (LDOS) announced the appointment of Maureen Waterston as the company's new Chief Human Resources Officer. In this role, Maureen will be responsible for implementing and enhancing the human capital strategy for Leidos' 43,000-employee global workforce. Waterston comes to Leidos from Pratt & Whitney, a subsidiary of Raytheon Technologies (RTX).
MFG JEF

Hot Stocks

08:12 EST Mizuho Financial Group hires Petrone as Managing Director - Mizuho Americas (MFG) announced the hiring of Anthony Petrone, CFA, as Managing Director, Senior Medical Devices, Diagnostics and Therapeutics Equity Research Analyst. Petrone will be based in New York and report to Managing Director and Head of US Equity Research, Susan Gilbertson. Petrone joins Mizuho from Jefferies (JEF) where he published thematic reports on strategic, financial and emerging technology trends in the industry.
FTXP

Hot Stocks

08:12 EST Foothills Exploration says rework operations commenced on Charles Bland #2 - Foothills Exploration is pleased to provide an operations update. Rework operations have commenced on the Charles Bland #2 for stimulation operation targeting the Upper McClosky Lime and Aux Vases formation. The workover operations in the Cinse area encompass a total of 3 wells for acid stimulation procedures to increase production. The wells involved are the Charles Bland #1, Charles Bland #2, and the Johnson Trust #3. The Bland #1 and Johnson Trust #3 will be stimulated by acidizing the Lower McClosky, Middle McClosky and Aux Vases formations. These rework operations are expected to add 10-15 barrels of oil per day of gross production to the properties' overall production profile. Estimated payback for these rework operations is 90 days. These marginal well improvements are the most cost-effective way of adding production. On February 28th the Company through its direct subsidiary Anaconda Energy, LLC, entered into a participation agreement with Benchmark Properties, Ltd., for 50% working interest to stimulate and workover the Mark Heat #4 well, located in Jasper County, Illinois. The return-to-production and well stimulation program has been extremely successful so far and as such the Company plans to continue to aggressively seek similar partnerships with other established operators in the Rockies and midcontinent, where the Company can provide its expertise and capital in exchange for up to 75% working interest in the properties and wells. These types of rework operations significantly reduce the Company's cost of production acquisition. The Company has two strategic partnership agreements to pursue lands and return-to-production opportunities in the Illinois and Williston basins. The Company is also now targeting marginal and stripper well production to optimize in Oklahoma and seeking similar underdeveloped and underexploited properties with upside potential. The Company, through its direct subsidiary, Anaconda Energy, LLC, recently entered in to a letter of intent with LBM53, LLC to explore return-to-production opportunities in Southern Oklahoma. The parties plan to jointly acquire leases with or without producing wells and engage in workover operations to return to production, optimize and/or stimulate existing wells on the acquired leaseholds. The initial agreement covers rework operations on 3 leases: Harley, Hutchinson, and Isaac. The projected production from these work-over operations is estimated to be up to 25 barrels of oil per day with payback expected in than 180 days.
WKHS GP

Hot Stocks

08:11 EST Workhorse Group, GreenPower Motor sign multi-year supply agreement - Workhorse Group (WKHS) and GreenPower Motor Company(GP) announced the signing of a multi-year supply agreement to facilitate the manufacturing and delivery of medium-duty Class 4 step vans into the North American market. Under the terms of the agreement, the companies have confirmed a 21-month schedule during which GreenPower will deliver 1,500 EV Star cab and chassis to Workhorse starting in July 2022. The chassis are to be used in the production of Workhorse's new Class 4 W750 step van line, which is slated to enter production in Q3 2022. Workhorse will complete the manufacturing process and deliver finished step vans to its customers in the United States and Canada. The agreement includes deposits based on delivery thresholds and also contains a renewal option. Workhorse will have exclusive rights in the U.S. and Canada to sell Class 4 step vans based on the GreenPower-supplied base vehicle. The finished Class 4 step vans will be available under the Workhorse brand with Workhorse after-sales and support service. The W750 will feature up to 150 miles of all-electric range, with a payload capacity of 5,000 lbs., as well as standard 60kW DC fast-charging and optional 60 kW wireless-charging capabilities.
AIP

Hot Stocks

08:11 EST Arteris IP announces appointment of Mayor as EVP of Global Sales - Arteris IP announced that Pankaj Mayor has joined the company as its Executive Vice President, EVP, of Global Sales. Mayor will have worldwide responsibility for sales, field engineering and customer support and will be a key member of the Arteris IP executive team. Most recently, Mayor was Senior Vice President of Sales and Marketing at Omni Design Technologies.
DXR

Hot Stocks

08:10 EST Daxor reports NAV of $5.34 for 2021 - Daxor Corporation filed its Annual Report to Shareholders on Form N-CSR on February 28, 2022, disclosing its schedule of portfolio holdings as of December 31, 2021. Management reported a NAV of $5.24 per share for fiscal 2021 versus $3.89 for the comparable period in 2020, a $1.35 increase or 34.7%, as well as a 70.6% increase in unaudited revenues for its operating division, which produces and distributes its blood volume analysis diagnostic systems and test kits. "We are pleased with our strong financial performance for fiscal 2021 driven by a combination of sold, leased, placed devices for research, and new reference lab accounts with eleven new clients with orders to install an additional five accounts expected in Q1 of 2022. Additionally, revenue accrued from the U.S. Department of Defense orders as well as third-party companies contracting with Daxor to conduct blood volume analysis on their products has contributed to our growth," said Michael Feldschuh, CEO of Daxor. "Our operating business continues to experience exciting growth and development due to commercialization acceleration and expansion, significant progress in research and development for our next-generation systems set to launch this year, and a growing body of clinical evidence from leading research centers of the unique value of our diagnostic to save lives and vastly improve health and hospital economic outcomes." The Company also announced significant progress in its next-generation BVA technology slated for completion in the second half of 2022, funded by multiple contracts awarded by the U.S. DOD and the Center for Advancing Point of Care Technology funded by the National Institutes of Health, including a $750,000 contract for developing a novel patent-pending fluorescent tracer for use with new systems under development. The Company announced in May 2021 that two NIH-funded heart failure studies commenced at the Geisinger Medical System and with the Veterans Affair System for both inpatient & outpatient care. The Company also announced in August 2021 that a promising research letter on the use of Daxor's BVA-100 analyzer on six COVID-19 patients at NYU Medical Center had been published in the prestigious Journal of Critical Care. Daxor's prospective multi-center trial has completed enrollment and results are expected to be published shortly. In addition, 10 new studies during 2021 were published in peer-reviewed journals or presented at juried conferences including data presented at the Society for Critical Care Medicine, the Heart Failure Society of America, The American Heart Association meeting, and publication in the Journal of the American College of Cardiology.
ACLS

Hot Stocks

08:09 EST Axcelis announces new $100M share repurchase program - The purchases are funded from available working capital.
RDUS

Hot Stocks

08:09 EST Radius Health files sNDA for TYMLOS in men with osteoporosis - Radius Health provided a business progress and regulatory update. On February 25, 2022, the Company filed a Supplemental New Drug Application with the Food and Drug Administration for TYMLOS subcutaneous injection in men with osteoporosis at high risk for fracture. The sNDA filing will be a 10-month FDA review and is based on data from the Phase 3 ATOM study that was announced on October 18, 2021. The ATOM study met the primary endpoint of change in lumbar spine bone mineral density at 12 months compared to placebo as well as secondary endpoints relating to BMD changes in hip and femoral neck. The Company plans to present the full data set from the ATOM study at the upcoming American Association of Clinical Endocrinology Annual Meeting on May 12-14, 2022.
TRS

Hot Stocks

08:09 EST TriMas acquires Intertech Plastics, terms unstated - TriMas announced that it has acquired Intertech Plastics expanding its product portfolio and capabilities for applications in the medical end market. Intertech will become part of TriMas Packaging, effective immediately. Intertech has invested in innovation efforts to commercialize sustainable resin technology, including the use of biopolymers and plant-based resins in specific packaging applications. Intertech previously operated as a private, family-owned company, and generated approximately $32 million in revenue in fiscal year 2021. "We are excited to announce the addition of Intertech to the TriMas family of businesses," said Thomas Amato, President and Chief Executive Officer of TriMas. "We look forward to supporting Intertech's management team and leveraging the TriMas Business Model to accelerate the growth of products used in medical and health-related applications. The addition of Intertech, combined with TriMas' December 2021 acquisition of Omega and our existing presence in pharmaceutical & nutraceutical applications, expands our product offerings into the Life Sciences market, which we believe has attractive long-term growth characteristics."
CRNX ARWR

Hot Stocks

08:08 EST Crinetics appoints James Hassard as Chief Commercial Officer - Crinetics Pharmaceuticals (CRNX) announced the appointment of James Hassard as chief commercial officer. Prior to joining Crinetics, Jim Hassard was chief commercial officer at Arrowhead Pharmaceuticals (ARWR) where he began building the company's commercial capabilities and launch strategy for three rare disease programs.
JANX

Hot Stocks

08:08 EST Janux Therapeutics appoints Byron Robinson as chief strategy officer - Janux Therapeutics announced the appointment of Byron Robinson, as chief strategy officer. Robinson brings 30 years of industry expertise and experience from key strategy roles at large pharma companies. Prior to joining Janux, Robinson served as senior VP of clinical development strategy and innovation at Merck KGaA.
CADL

Hot Stocks

08:07 EST Candel Therapeutics announces $25M non-dilutive debt financing agreement - Candel Therapeutics announced that it has entered into a loan and security agreement with Silicon Valley Bank for $25 million, $20 million of which will be available immediately. An additional $5 million may be made available in the future if certain conditions and milestones are met. The loan agreement requires monthly payments of interest only for 24 months, after which the principal is repayable in 24 monthly payments. This financing extends the Company's cash runway into the fourth quarter of 2023.
TFFP CTLT

Hot Stocks

08:07 EST TFF Pharmaceuticals, Catalent announce development, manufacturing agreement - TFF Pharmaceuticals (TFFP) and Catalent (CTLT) announced their collaboration agreement focused on the generation, testing and manufacture of dry powder formulations for a range of biotherapeutics through the application of TFF Pharmaceuticals' patented Thin Film Freezing, TFF, technology. Under the agreement, Catalent will provide its scale-up expertise and manufacturing capabilities to TFF Pharmaceuticals as its preferred development and manufacturing partner, and Catalent will be able to offer its customers access to the innovative TFF technology, which has the potential to increase the adoption of the pulmonary route for the systemic delivery of biotherapeutics. "Catalent is widely known as a global leader in enabling pharmaceutical development and manufacturing and has distinguished itself by demonstrating cutting-edge expertise across multiple modalities and innovative projects. We are therefore delighted to significantly expand our collaboration with the Catalent team," stated Glenn Mattes, Chief Executive Officer of TFF Pharmaceuticals. "This strategic collaboration significantly expands our access to manufacturing capabilities and provides scalability for our technology, while simultaneously affording us the opportunity to build our portfolio of technology licensing partnerships."
SRG

Hot Stocks

08:06 EST Seritage Growth Properties chair Edward Lampert retires - The company also provided an update with respect to its board of trustees. Edward Lampert, chair of the Seritage board, is retiring from the board effective immediately. In addition, David Fawer and Thomas Steinberg have informed the company that they do not intend to seek reelection to the board at Seritage's 2022 annual shareholder meeting in order to focus on other professional obligations. The board is conducting a search to identify additional board candidates who would further enhance the Board's investment and transaction experience.
HSC

Hot Stocks

08:05 EST Clean Earth Mobile Services obtains on-site soil, sediment treatment permit - Clean Earth announced that its Clean Earth Mobile Services Solutions business is now uniquely equipped to provide on-site treatment services to the Connecticut market. With this permit, the Company offers the only on-site hazardous soil and sediment treatment solution in the state. The permit allows Clean Earth to treat hazardous soil and sediment on-site utilizing mobile equipment and technology. Treated material is typically beneficially reused on the site, eliminating further environmental hazards. This treatment solution also reduces the off-site liability and environmental impacts for transportation, therefore lowering the carbon footprint per project. Clean Earth's equipment can effectively treat up to 1,600 tons of hazardous soil and sediment per day. Clean Earth acquired the permit from United RETEK of CT, LLC. As an alternative to what generators need for treatment, the unique solution can reduce the overall cost of treatment by as much as 50% when compared to traditional disposal at a hazardous waste landfill.
BCDA

Hot Stocks

08:04 EST BioCardia receives No Objection Letter from Health Canada for CardiAMP trial - BioCardia announced that it has received a No Objection Letter from Health Canada, the country's health services agency, allowing the CardiAMP Heart Failure Trial to expand into Canada. The Phase III pivotal trial is currently enrolling patients in the U.S. Four world-class Canadian clinical sites are currently working through the activation process in order to be ready to begin enrolling patients in the near future. The Company expects to announce these sites in the coming months. The CardiAMP Cell Therapy Heart Failure Trial is evaluating the effectiveness of the CardiAMP Cell Therapy System for improving survival, reducing major adverse cardiac events, enhancing functional capacity, and improving quality of life for New York Heart Association Class II and III patients who have heart failure associated with ischemic cardiomyopathy.
SRG

Hot Stocks

08:04 EST Seritage Growth Properties commences strategic review of alternatives - Seritage Growth Properties announced that its board of trustees has commenced a process to review a broad range of strategic alternatives to enhance shareholder value. The company will continue to evaluate its balance sheet strategy and corporate structure to optimize the outcome of such review. Andrea Olshan, the company's President and CEO, noted, "The Board and management believe that there is an ongoing disconnect between the Company's stock price and net asset value. The portfolio, which consists of 170 properties with distinct and diverse business plans and significant value creation opportunities, generally falls into the categories of cash flowing multitenant retail and triple net pad sites, residential development land, and large mixed use master planned developments. The opportunities for these underlying assets are extremely strong, and we believe that embarking on this process represents the most efficient way to unlock the full potential of this portfolio. We are committed to exploring a variety of opportunities to pull forward this value and deliver it to Seritage shareholders in the near-term."
AQMS

Hot Stocks

08:03 EST Aqua Metals produces first lithium from spent batteries - Aqua Metals has achieved a key milestone and potentially an important industry breakthrough by producing its first lithium hydroxide from lithium-ion battery black mass at the Company's Innovation Center in the Tahoe-Reno Industrial Center. Currently, the only commercially proven recycling technology being utilized for lithium-ion batteries is smelting which does not recover the lithium. Lithium is a critical component of the lithium-ion batteries that battery manufacturers need to produce to meet the demand of the fast-growing electric vehicle and overall energy storage markets. In addition to producing lithium through a patent-pending proprietary process, the Company's R&D program at the Innovation Center is working to recycle the other key elements of lithium-ion batteries such as cobalt, nickel, copper, and manganese.
ABBV

Hot Stocks

08:03 EST AbbVie buys Syndesi Therapeutics for $130M upfront, up to $870M in milestones - AbbVie announced it has completed the acquisition of Syndesi Therapeutics SA, which it said will "help to expand AbbVie's neuroscience portfolio." The company stated: "This acquisition gives AbbVie access to Syndesi's portfolio of novel modulators of the synaptic vesicle protein 2A, including its lead molecule SDI-118. The mechanism is currently being evaluated for the potential treatment of cognitive impairment and other symptoms associated with a range of neuropsychiatric and neurodegenerative disorders, such as Alzheimer's disease and major depressive disorder. The lead molecule, SDI-118, is a small molecule currently in Phase 1b studies, which is being evaluated to target nerve terminals to enhance synaptic efficiency. Synaptic dysfunction is believed to underlie the cognitive impairment seen in multiple neuropsychiatric and neurodegenerative disorders." Under the terms of the agreement, AbbVie will pay Syndesi shareholders a $130M upfront payment with the potential for Syndesi shareholders to receive additional contingent payments of up to $870M based on the achievement of certain predetermined milestones. Tom Hudson, M.D., senior vice president, R&D, chief scientific officer, AbbVie, said, "With AbbVie's acquisition of Syndesi, we aim to advance the research of a novel, first-in-class asset for the potential treatment of cognitive impairment associated with neuropsychiatric and neurodegenerative disorders."
BRAG

Hot Stocks

08:03 EST Bragg Gaming approved for license in the Bahamas - Bragg Gaming announced that it has been approved for a license to supply its content and services in the Bahamas marking the company's newest regulated market entry. Having completed the certification process, Bragg's Bahamian operator partners will soon be able to offer Bragg's exclusive online casino game titles from proprietary and third-party game development studios.
XFOR

Hot Stocks

08:03 EST X4 Pharmaceuticals announces inducement grants under Nasdaq listing rule - X4 Pharmaceuticals announced that, on February 28, 2022 the Compensation Committee of X4's Board of Directors issued inducement awards to new employees under the X4 Pharmaceuticals, Inc. 2019 Inducement Equity Incentive Plan. The 2019 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of X4. The inducement awards consist of options to purchase an aggregate of 22,250 shares of X4's common stock and restricted stock units covering 3,500 shares of X4's common stock. These stock awards were granted as an inducement material to the new employees entering into employment with X4 in accordance with Nasdaq Listing Rule 5635(c)(4). The options have a ten-year term and an exercise price of $1.50 per share, which is equal to the closing price of X4's common stock on February 28, 2022. Each option will vest over a four-year period, with 25% of the shares vesting after 12 months and the remaining shares vesting monthly over the following 36 months, subject to the employee's continued employment with X4 on such vesting dates. The options are subject to the terms and conditions of the 2019 Inducement Plan and the terms and conditions of an award agreement covering the grant. The restricted stock units vest over four years, with 25% of the shares vesting annually on each of the first, second, third and fourth anniversary dates of the grant, subject to the employees' continued employment with X4 on such vesting dates. The restricted stock units are subject to the terms and conditions of the 2019 Inducement Plan and the terms and conditions of a restricted stock unit award agreement covering the grant.
FLYLF

Hot Stocks

08:02 EST Flyht receives TSX Venture Exchange approval for CrossConsense acquisition - FLYHT Aerospace Solutions announced that it has received approval from the TSX Venture Exchange for the proposed acquisition of CrossConsense. The arms' length acquisition of CrossConsense is expected to accelerate FLYHT's strategic roadmap to build out a maintenance capability, and will fulfill the Company's goal to increase its presence in the European and Middle East markets. Under terms of the agreement, previously announced on January 27, 2022, FLYHT will acquire all of the outstanding securities of CrossConsense for CAD$1,250,000 in cash and 1,900,000 common shares of FLYHT. The shares will be held in escrow and will be released equally in one-third increments at 4, 16 and 28 months following issuance on the transaction's closing date. Finders' fees of CAD$100,000 will be paid to a third party in connection with the closing of the transaction. This agreement is to be effective January 1, 2022. The parties anticipate closing the transaction as soon as possible after final approval has been received from the German government.
CVAC

Hot Stocks

07:59 EST CureVac establishes CureVac RNA Printer company - CureVac announced that it has established CureVac RNA Printer GmbH, a fully-owned CureVac company to advance The RNA Printer. The RNA Printer is CureVac's solution for integrated and automated manufacturing of GMP-grade RNA vaccines and therapeutics. The new entity is designed as a platform and services company, providing a dedicated operational environment to further develop and establish The RNA Printer as a manufacturing end-to-end solution. This solution will include the main steps to manufacture mRNA vaccines or therapeutics. The platform is designed to facilitate broad access to mRNA technology and enable mRNA product developments, e.g. for rapid supply of new mRNA-based vaccines in pandemic situations as well as patient access to advanced and personalized mRNA-based therapies in oncology. The company will be led by Dr. Markus Bergmann, who joins CureVac RNA Printer GmbH as General Manager on March 1, 2022. Dr. Bergmann joins CureVac RNA Printer GmbH from ZF Group, Germany, where he held various management positions.
GSK

Hot Stocks

07:58 EST GSK reports EMA accepts marketing authorization application for daprodustat - GlaxoSmithKline announced that the European Medicines Agency, or EMA, validated the marketing authorization application for daprodustat, an investigational oral hypoxia-inducible factor prolyl hydroxylase inhibitor, for the treatment of patients with anaemia of chronic kidney disease, or CKD. "Daprodustat is currently approved in Japan as Duvroq for patients with renal anaemia. The submission to the EMA is the first major regulatory milestone since the approval of Duvroq in Japan in 2020. Regulatory filings are anticipated to continue throughout 2022 with health authorities worldwide," GSK said.
SNCE

Hot Stocks

07:58 EST Science 37 publishes CNS therapeutic data from CNS survey - Science 37 Holdings published new CNS therapeutic data validating the growing trend toward decentralization as two-thirds of CNS survey respondents plan to execute an agile or decentralized clinical trial in 2022, an increase of more than 35 percent from last year. According to analysis, the CNS Research & Development spend will reach $32 billion USD by 2026, resulting in more than 4,000 clinical trials. To uncover these new trends in CNS clinical trials methodologies, Science 37 conducted a study of more than 70 clinical research executives, between December 2021 and January 2022. For CNS studies, survey respondents cited unexpected delays, data quality and limited patient populations among the key challenges for clinical trials, with effective patient recruitment as the single biggest challenge by more than 100% comparatively to the second challenge of endpoint collection. Being able to eliminate geographic barriers with agile and decentralized approaches and helping to ease patient burden can help alleviate these concerns and enable more efficient centralized enrollment into studies. The new data and insights also paint a vivid picture of the clinical trials landscape for the year ahead for CNS studies, suggesting significant increases in agile and decentralized approaches across numerous conditions-including major depressive disorder, Alzheimer's disease, and Parkinson's disease-and executed with a myriad of permutations of patient communities, mobile nursing, telemedicine investigators and connected devices - further demonstrating the need for a centralized Operating System with unified technology and centralized networks to effectively execute. Among the findings: Less than 60 percent of CNS respondents are planning to execute a traditional, site-based clinical trial in 2022, down from three in four for the previous year. Unexpected delays, data quality, and limited patient populations all ranked highly among the issues keeping respondents up at night, regarding CNS trials in general. Respondents cited the greatest single challenge of running an effective CNS study was patient recruitment by more than 100% comparatively to the second challenge of endpoint collection. Electronic clinical outcomes assessment and electronic patient-reported outcomes were cited as the most prevalent decentralized components in CNS, with two-thirds of CNS respondents planning to use these tools - showing the rising embrace of digital data collection and evidence generation. Among the largest-growing decentralized components of CNS studies cited were mobile nurses, up 40 percent and up 38 percent, respondents cited usage of Metasites or virtual sites that can enable more universal geographic coverage and access for patients. The three greatest perceived benefits of including agile and decentralized components in CNS clinical trials were increased patient retention, increased patient diversity and faster patient recruitment.
ARDX

Hot Stocks

07:55 EST Ardelyx discloses 'going concern' risk language in regulatory filing - In a regulatory filing, Ardelyx said that "Although our financial statements have been prepared on a going concern basis, our current level of cash and investments alone is not sufficient to meet our operating plans for the next twelve months, raising substantial doubt regarding our ability to continue as a going concern. We will require substantial additional financing to achieve our goals, including our goals of commercializing IBSRELA beginning in April 2022 and pursuing a formal dispute resolution process in response to the CRL received from the FDA relating to our NDA for tenapanor for the Hyperphosphatemia Indication and the inability to access necessary capital when needed on acceptable terms, or at all, could force us to delay, limit, reduce or terminate our efforts to commercialize IBSRELA or to seek and obtain tenapanor for the Hyperphosphatemia Indication."
PBA...

Hot Stocks

07:55 EST Pembina Pipeline to receive C$700M after closing KKR joint venture - Upon closing, Pembina expects to receive approximately C$700 million in after-tax cash proceeds, subject to final closing adjustments, with C$150 million expected to be devoted to additional share repurchases and the remaining C$550 million expected to be used to repay debt. With the C$150 million allocation to common share repurchases through this transaction, Pembina's overall repurchase target in 2022 will increase from C$200 million to C$350 million. Following the planned sale of Newco's non-operated interest in KAPS, the KAPS construction facility is expected to be repaid in full, and the remaining net proceeds will be distributed to Pembina and KKR according to their ownership interests. In connection with the transaction, and subject to approval and declaration by its Board of Directors, Pembina also intends to increase its common share dividend upon closing by C$0.0075 per share per month, or 3.6%. The increase reflects the immediate cash flow accretion from creation of the joint venture and recognizes Pembina's long stranding track record of a sustainable, growing dividend. Completion of the transactions is subject to approval under the Competition Act, concurrent closing of the acquisition of Energy Transfer LP's 51% interest in ETC, and other customary closing conditions. Closing is expected to occur late in the second quarter or third quarter of 2022.
ET

Hot Stocks

07:55 EST Energy Transfer buys 51% stake in Energy Transfer Canada, at $1.3B in valuation - Energy Transfer announced the signing of a definitive agreement to sell its 51% interest in Energy Transfer Canada ULC to a joint venture which includes participation by Pembina Pipeline Corporation and global infrastructure funds managed by KKR at a valuation of approximately C$1.6B or US$1.3B including debt and preferred equity. The sale is expected to result in cash proceeds to Energy Transfer of approximately C$340M or US$270M, subject to certain purchase price adjustments. The transaction is expected to close by the third quarter of 2022. Energy Transfer Canada, based in Calgary, is one of Alberta's largest licensed gas processors. Its assets include six natural gas processing plants that have a combined operating capacity of 1,290 million cubic feet per day and a network of approximately 848 miles of natural gas gathering and transportation infrastructure in the Western Canadian Sedimentary Basin. The agreement allows Energy Transfer to divest its high-quality Canadian assets at an attractive valuation to further deleverage its balance sheet and redeploy capital within its U.S. footprint.
CRECF

Hot Stocks

07:54 EST Ppwer Nickel, Critical Elements report results from program at NISK project - Power Nickel and Critical Elements Lithium Corporation are pleased to announce initial results have been received from its recent drill program at its "NISK" Nickel Sulphate project near James Bay. These initial drill results confirm the presence of high-grade Nickel Mineralization in the north-eastern portion of the Nisk Main mineralized lens. Compared to the historical results, the results obtained also suggest that, within this portion of the Nisk Main lens, higher grade mineralization extends by an additional 150 m at depth and to the northeast. "We are very excited to begin to deliver our initial drill results at Nisk. The results showcase Nisk's potential to have a commercial high-grade Nickel Sulphate deposit. Our objectives in this initial drill program conducted by Power Nickel were to conduct enough drilling to allow us to establish a new NI 43-101 compliant resource to confirm and replace the historical resource, and to extend the known Nickel mineralization. We believe we have established the latter and expect to be able to deliver a NI 43-101 compliant Mineral Resource Estimate in Q2", commented Power Nickel's CEO Terry Lynch.
GTLS BKR

Hot Stocks

07:52 EST Chart Industries receives FNTP for Venture Global's Plaquemines project - Chart Industries (GTLS) has received full notice to proceed, FNTP, for the production of cold boxes and brazed aluminum heat exchangers for Venture Global's 10 MTPA Plaquemines Phase 1 liquefied natural gas export terminal project. In conjunction with the FNTP, Chart booked the full equipment order of $136M for the Plaquemines project from Baker Hughes (BKR). Chart will begin recognizing revenue on this project in 2022 with a multi-year staggered delivery schedule.
PBA KKR

Hot Stocks

07:52 EST Pembina Pipeline, KKR create JV to merge Western Canadian assets - Pembina Pipeline (PBA) announced that it has entered into definitive agreements with KKR (KKR) to combine their respective western Canadian natural gas processing assets into a single, new joint venture entity, which will be owned 60% by Pembina and 40% by KKR's global infrastructure funds. Pembina will serve as the operator and manager of Newco. Included in the transaction are Pembina's field-based natural gas processing assets, the Veresen Midstream business (currently owned 55% by funds managed by KKR and 45% by Pembina), and the business currently carried on by Energy Transfer Canada. Concurrently with closing of the joint venture transaction, Newco will also acquire Energy Transfer LP's remaining 51% interest in ETC. Collectively, the ascribed value of these transactions totals C$11.4B, excluding the value of assets under construction.
EXETF

Hot Stocks

07:50 EST Extendicare enters agreements with Revera, Axium - Extendicare announced that it has entered into agreements with Revera and its affiliates and Axium Infrastructure Inc. and its affiliates. Extendicare has entered into agreements with Revera to acquire a 15% managed interest in 18 "class A" long-term care homes located in Ontario and six homes in Manitoba. The remaining 85% interest will continue to be owned by an affiliate of Axium. Relatedly, on closing of the Acquisition, Extendicare will enter into management contracts with Revera to manage all of Revera's other long-term care homes, which comprise 31 "class C" homes located in Ontario and one personal care home located in Manitoba. In addition to the Revera Transactions, Extendicare announced that it has entered into an agreement with Axium in respect of the formation of a joint venture with Axium to jointly redevelop certain of Extendicare's existing Ontario "class C" homes. Axium will own an 85% interest in the joint venture with Extendicare retaining a 15% interest. Extendicare will continue to undertake all development activities in respect of the joint venture homes and will operate the homes upon completion of construction. The Revera transactions will add 56 long-term care homes to the 108 long-term care homes Extendicare currently operates. These homes will also join the SGP Purchasing Partner Network, bringing the total participating beds to over 100,000. The aggregate cash consideration for the Revera Transactions is approximately $36M plus the assumption of approximately $34M in debt, subject to customary adjustments. Certain of the associated debt will be refinanced or repaid on or before closing, resulting in changes in the allocation between cash consideration and debt assumption. The purchase price is expected to be funded from cash on hand.
GFAI

Hot Stocks

07:49 EST Guardforce enters strategic partnership with SBC Global Holdings - Guardforce AI announced that the Company has established a strategic partnership with SBC Global Holdings. The strategic partnership is in lieu of the previously proposed acquisition. Guardforce AI and SBC have mutually agreed to establish the strategic partnership to enable Guardforce AI a swifter entry into the desired U.S. markets with its robotic and technology solutions. As part of the partnership the Company will establish a wholly owned U.S. subsidiary and will commit additional resources to develop the business to meet growing demand while working closely with SBC to accelerate overall market penetration. As part of the agreement, SBC will refer all clients to Guardforce AI on an exclusive basis.
IBP

Hot Stocks

07:48 EST Installed Building Products acquires Pisgah Insulation and Fireplaces of NC - Installed Building Products announced the acquisition of Pisgah Insulation and Fireplaces of NC Established in 2001, Pisgah is headquartered in Mills River, North Carolina and primarily installs spray foam insulation, fiberglass insulation, and fireplaces into new residential homes in the Asheville, NC market. "With approximately $8.5 million of annual revenue, Pisgah expands our presence in North Carolina," stated Jeff Edwards, Chairman and Chief Executive Officer. Acquisitions remain a key component of our growth strategy and we continue to have a robust pipeline of opportunities across multiple geographies, products, and end markets. On behalf of everyone at Installed Building Products, I would like to welcome Pisgah onto our team."
GMSQF

Hot Stocks

07:48 EST Gamesquare Esports appoints Oluwafemi Okusanya to lead Fourth Frame Studios - Gamesquare Esports announced that Oluwafemi "Femi" Okusanya has joined the Company to lead the newly launched Fourth Frame Studios. Femi is a leading creative director with extensive experience growing content studios. Fourth Frame Studios is a content production and creative execution studio at the intersection of gaming and culture. The LA-based studio will develop creative content solutions for brands to reach the next generation of consumers.
VBNK

Hot Stocks

07:48 EST VersaBank names Garry Clement as Chief Anti-Money Laundering Officer - VersaBank announced it has appointed financial crime prevention expert and advocate, Garry W. G. Clement, to the position of Chief Anti-Money Laundering Officer. Clement is an internationally recognized expert in the areas of money laundering, white-collar crime, organized crime and detection of suspicious activity, including cyber-crime. He brings to VersaBank more than 40 years of policing and financial crime prevention experience, including three decades with the Royal Canadian Mounted Police, culminating in his role as National Director, Proceeds of Crime. In this capacity, Clement was a Canadian representative at Financial Action Task Force, the global money laundering and terrorist financing watchdog, and was a recognized international trainer focused on money laundering investigations. In 2018 Clement was named the Global Fraud and White Collar Advisor of the year.
DOOR

Hot Stocks

07:43 EST Masonite announces $100M accelerated share repurchase program - Masonite announced that it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. to repurchase an aggregate of $100M of the company's outstanding common shares. The ASR agreement is part of Masonite's existing share repurchase program, which after giving effect to the share repurchase under the ASR Agreement, has approximately $256M remaining available for future share repurchase activity. Under the terms of the ASR agreement, Masonite will receive an aggregate initial delivery of approximately 848,000 common shares in exchange for a prepayment of $100M. These shares will be retired by the company in the first quarter of 2022. The specific number of common shares that Masonite ultimately will repurchase pursuant to the ASR agreement will be based generally on the daily volume-weighted average share price of Masonite common shares over the term of the ASR agreement, less a discount and subject to adjustments pursuant to the terms and conditions of the ASR agreement. Final settlement under the ASR agreement, including any incremental share delivery, is expected to occur during or prior to the third quarter of 2022.
CRON

Hot Stocks

07:43 EST Cronos Group announces planned exit of Peace Naturals Campus in Ontario - Following a careful evaluation of the Company's global supply chain, the Company has announced the planned exit of its Peace Naturals Campus in Stayner, Ontario, Canada. Cronos Group will continue to operate the Peace Naturals Campus with a phased reduction and transition of activities with a planned exit by the end of 2022. Various research and development initiatives, inclusive of cannabinoid formulation, product development, tissue culture and micropropagation will continue across multiple facilities available to Cronos Group. Continuing to optimize and maintain an agile supply chain is a core element of Cronos Group's strategy. Importantly, Cronos Group has focused on building joint ventures and partnerships around the world with best-in-class operators, such as Cronos GrowCo the Company's joint venture with leading Canadian large-scale greenhouse operators. As GrowCo has developed its capabilities, it has become an important component of the Company's biomass supply. Cronos Group looks forward to leveraging GrowCo's capabilities in premium flower cultivation and efficient downstream processing, with the intention to improve profitability of the Company's Canadian operations. Cronos Group intends to obtain a sales license from Health Canada at GrowCo's facility to maintain the Company's customer relationships and ability to continue supplying the Canadian market. In addition to further leveraging its joint venture with GrowCo, Cronos Group will continue to maintain a network of third-party licensed producers to supplement its cultivation and manufacturing needs. As a result of the Company's planned exit from the Peace Naturals Campus, the Company has incurred a $119.9 million non-cash impairment charge on long-lived assets in the fourth quarter of 2021. In addition, the Company expects to incur charges of approximately $4.5 million in connection with the planned exit, all of which impact the ROW segment. These charges include employee-related costs, such as severance, relocation and other termination benefits, as well as contract termination and other related costs, which are expected to be incurred primarily in the second half of 2022. In addition, the Company anticipates capital expenditures of approximately $2.5 million to modernize information technology systems and build distribution capabilities.
ACRGF GSK

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07:43 EST Acreage appoints Curran as COO, announces General Counsel's resignation - Acreage Holdings (ACRGF) announced the appointment of Dennis Curran as the Company's Chief Operating Officer, COO. The Company also announced the resignation of James Doherty, General Counsel, effective April 30, 2022, and has launched a national search for his successor. Before joining Acreage, Curran was the Chief Customer Officer at GSK Consumer Healthcare (GSK) and was responsible for delivering sales, profitability, and innovation for the United States, the business' largest market. Dennis will be replacing Robert Daino who as previously announced will be retiring at the end of March.
ADS

Hot Stocks

07:42 EST Alliance Data announces new 200,000 share repurchase program - Alliance Data Systems announced that its board of directors has approved a new plan to repurchase up to 200,000 shares of the Company's common stock. The share buyback is designed to offset the dilution associated with restricted stock units expected to vest this year. "This repurchase program reflects Alliance Data's continued commitment to our stated capital priorities, which now include offsetting dilution associated with the annual vesting of outstanding equity awards," said Alliance Data Chief Financial Officer Perry Beberman. The board's authorization permits the Company to make open market share repurchases from time to time through February 28, 2023 in compliance with SEC Rule 10b-18 and subject to market conditions and other factors, including legal and regulatory restrictions and required approvals, up to the aggregate amount authorized by the board. The repurchase program does not obligate the Company to acquire any specific number of shares and may be suspended or terminated at any time.
DRIO

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07:41 EST DarioHealth trading resumes
DRIO

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07:41 EST DarioHealth trading halted, news pending
QTRX LLY

Hot Stocks

07:41 EST Quanterix, Eli Lilly enter Alzheimer's disease diagnosis collaboration - Quanterix (QTRX) announced it has entered into a collaboration with Eli Lilly (LLY) to advance the diagnosis, monitoring and treatment of Alzheimer's disease. As part of the collaboration, Quanterix will receive a non-exclusive, world-wide license to Lilly's proprietary P-tau217 antibody technology for potential near-term use in research use only products and services, and future in vitro diagnostic applications. The parties have also entered into a collaboration agreement, which establishes a framework for future projects focused on the development of Simoa immunoassays. As part of this agreement, Lilly will fund $11M of development with the Quanterix Accelerator group this year. The other financial terms were not disclosed. These new agreements represent a commitment to advance blood-based biomarkers into routine clinical use. Plasma biomarkers have recently emerged as potential tools to speed clinical trial enrollment, improve clinical trial outcomes, eliminate the invasive techniques required to monitor drug efficacy and lower clinical trial costs. The initial collaboration under the agreements is expected to be focused on P-tau217, a blood-based biomarker that has shown diagnostic promise for early Alzheimer's detection.
OSIIF

Hot Stocks

07:40 EST Osino Resources announces discovery of new high-grade shoot at THW - Osino Resources provides an update of drill assay results for the resource definition drilling recently completed at Twin Hills West, THW. Dave Underwood, Osino's VP Exploration commented: "We took a decision at the beginning of the year to push the drilling along at THW so that we could include it in the next resource update expected during the second quarter. The latest assays show that the southwestern lobe is consistently above 1g/t and 20-40m in drilled width. The lobe of better mineralization is about 300m in strike length and plunges shallowly to the east. It was a welcome surprise when our furthest east hole drilled to close off the mineralization came back with one of our best THW intercepts to date with 30m @ 1.20g/t, likely the start of a new mineralized shoot. The very high-grade feeder zone of 7m @ 7.94 g/t intercepted in the northern step-out at Oryx Central was an additional very pleasant surprise. Future drilling could identify additional gold mineralization at THW." The latest results confirm that the southwestern part of the Oryx lobe at THW is consistent in width and grade and has a strike length of approximately 300m so far, open to the east and west. Drilling also intersected a previously unknown shoot of mineralization on the eastern edge of the Oryx lobe as well as a very high-grade feeder zone in the central Oryx lobe.
NTLA

Hot Stocks

07:38 EST Intellia announces first patient dosed in Phase 1/2a trial of NTLA-5001 - Intellia Therapeutics announced that the first patient has been dosed with NTLA-5001, the company's ex vivo CRISPR/Cas9 genome editing candidate for the treatment of acute myeloid leukemia, AML. NTLA-5001 is an autologous T cell receptor-T cell therapy designed to target the Wilms' Tumor antigen, which is found in AML and many other hematologic and solid tumors. It is the company's first ex vivo candidate developed using Intellia's advanced lipid nanoparticle cell engineering platform, designed to improve cell performance as compared to traditional ex vivo delivery technologies. "As Intellia's first wholly-owned ex vivo candidate to be dosed in a patient, this NTLA-5001 milestone represents a significant step forward in our full-spectrum approach to genome editing," said Intellia President and Chief Executive Officer John Leonard, M.D. "AML is the most common type of acute leukemia in adults, where despite recent advancements, a significant therapeutic need still exists. We look forward to advancing this investigational engineered cell therapy as a treatment for people living with this aggressive cancer of the blood and bone marrow."
FOUR

Hot Stocks

07:37 EST Shift4 Payments announces two acquisitions to expand international payments - Shift4 announced that it will acquire both Finaro, a cross-border eCommerce payments provider with a large European presence, and The Giving Block, which specializes in cryptocurrency fundraising for nonprofits. These acquisitions support Shift4's ambitious goals and better position the company to pursue a multi-trillion-dollar addressable market across the world, including accelerating growth in eCommerce, gaming, stadiums, restaurants, hospitality, specialty retail, charitable giving, and a new capability with cryptocurrency enablement. "These two acquisitions build on the momentum from our recent investor day and underscore our aggressive efforts to deliver a unified commerce experience across the world. These deals clearly show our ability to support existing transformational and global customers like SpaceX Starlink & St. Jude Children's Research Hospital and provide a real right-to-win additional customers across the nonprofit vertical. It also represents an exciting and responsible step towards further embracing cryptocurrencies and blockchain technology," said Shift4 CEO Jared Isaacman.
TGTX

Hot Stocks

07:37 EST TG Therapeutics announces 2022 key objectives - Key Objectives for 2022 Obtain a favorable outcome at the upcoming ODAC meeting. Obtain FDA approval of U2 in CLL and SLL. Obtain FDA approval of ublituximab in RMS. Continue to advance our early pipeline candidates including TG-1501, our PDL1 inhibitor, TG-1701, our BTK inhibitor and TG-1801 our CD47/CD19 bispecific antibody.
TGTX

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07:36 EST TG Therapeutics expects cash to fund planned operations into 2023 - Cash, cash equivalents and investment securities were $350.3 million as of December 31, 2021, which the Company believes will be sufficient to fund the Company's planned operations into 2023.
QTRX

Hot Stocks

07:36 EST Quanterix CEO Kevin Hrusovsky to become chairman, Masoud Toloue to succeed - Quanterix announced its executive leadership succession plan. Effective April 25, chairman and CEO Kevin Hrusovsky will become executive chairman of the board and president Masoud Toloue will succeed Hrusovsky as CEO and join Quanterix' board of directors. Toloue has served as president of Quanterix and Diagnostics since June 2021 and has spent time with Hrusovsky meeting key customers, partners and investors.
LVS...

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07:36 EST Macau reports February casino revenue up 6.1% to 7.76B patacas - Macau's gaming bureau reported February gross revenue from games of fortune in the region was up 6.1% year-over-year to 7.759B patacas. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN) and Melco Resorts (MLCO). Reference Link
NBRV

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07:32 EST Nabriva Therapeutics reports inducement grant under Nasdaq Listing Rule - Nabriva Therapeutics announced that it has granted a non-statutory stock option to purchase an aggregate of 12,000 ordinary shares of Nabriva Therapeutics as an inducement to a newly hired employee. This grant was awarded pursuant to the Nasdaq inducement grant exception as a component of new hire employment compensation. The stock option was granted effective February 28, 2022 with an exercise price of 45c per share, which is equal to the closing price of Nabriva Therapeutics' ordinary shares on the date of grant. The stock option award was approved by Nabriva Therapeutics' Compensation Committee and was granted as an inducement material to the new employee's acceptance of employment in accordance with Nasdaq Listing Rule 5635(c)(4).
ENVB

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07:31 EST Enveric Biosciences files patent applications for tryptamine-based molecules - Enveric Biosciences announces that it has filed its 10th Patent Cooperation Treaty patent application directed to tryptamine-based derivative molecules, completing the company's broad series of PCT applications covering this family of compounds.
MEDXF

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07:31 EST Medexus Pharmaceuticals acquires rights to commercialize Gleolan in the U.S. - Medexus Pharmaceuticals is pleased to announce that its U.S. subsidiary, Medexus Pharma has acquired the exclusive right to commercialize Gleolan in the United States from NX Development Corp., the U.S. subsidiary of photonamic GmbH & Co. This transaction extends Medexus's strong relationship with Photonamic and complements Medexus's existing commercialization rights to Gleolan in Canada, where Medexus recently launched the product. Using information provided by NXDC, Medexus estimates that Gleolan generated U.S. net sales of $3 million to $4 million in the fourth calendar quarter of 2021. Based on Medexus's evaluation of Gleolan's effectiveness, Medexus is confident in Gleolan's prospects in both Canada and the United States, and expects strong sales and institutional uptake in both markets. Medexus and NXDC plan to work together closely to ensure a seamless transition for existing customers. Under the terms of Medexus's new license, supply, and distribution agreement, Medexus will commercialize Gleolan in the United States and will pay NXDC annual royalty payments and periodic low- to mid-single-digit-million dollar milestone payments. NXDC will supply Gleolan to Medexus and will remain the sponsor of the new drug application for Gleolan on file with the U.S. Food and Drug Administration. This transaction will allow NXDC, as sponsor, to continue the company's important research and development activities, including pursuit of additional indications for Gleolan. Medexus US's exclusive commercialization rights extend to one additional indication, meningioma, with the opportunity to negotiate commercialization rights to future indications. The initial term of the parties' arrangement will extend through and including March 31, 2028 with successive two-year extension terms thereafter.
BITF BTC

Hot Stocks

07:31 EST Bitfarms mines 298 bitcoin in January - Bitfarms provided a Bitcoin production and mining operations update for February 2022. "Nearing the opening of our two new farms in Sherbrooke, Quebec, we remain on track to achieving our goal of 3 exahash per second by the end of the first quarter 2022," said Emiliano Grodzki, CEO of Bitfarms. Mining Production: 2.3 EH/s online; 298 new BTC mined during February 2022, up 67% from February 2021; 10.6 BTC mined daily on average in February; 283 BTC from mining deposited into custody in February; 4,883 BTC in custody on February 28, 2022, representing a total value of approximately $210 million based on a BTC price of $43,000. Mining operations: 7,400 new Bitcoin miners capable of 740 PH have been received in February or are in transit. Currently finalizing the first 12 MW capacity at The Bunker site in Sherbrooke, which will immediately make operational over 3,000 new miners and add over 300 PH/s to Bitfarms' online hashrate. Neared completion of the first 16 MW capacity at the Leger site in Sherbrooke, which is scheduled to be online in a few weeks. When operational, Leger will immediately utilize over 4,000 new miners and add more than 400 PH/s to Bitfarms' online hashrate. 2,000 used Bitcoin miners moved or are in transit to the company's Paraguay farm where they are being efficiently redeployed to add an additional 100 PH/s.
LNSR

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07:29 EST Lensar submits ALLY Adaptive Cataract Treatment System 510(k) to FDA for review - Lensar announced that the FDA has accepted its 510(k) submission for its next-generation ALLY Adaptive Cataract Treatment System for substantive review. The submission seeks marketing clearance for the ALLY Adaptive Cataract Treatment System and is the first stage of a planned, two step commercial release strategy. As part of this strategy, the company plans to submit an additional 510(k) application seeking clearance for the phacoemulsification features within the integrated ALLY system later in 2022.
VITFF

Hot Stocks

07:29 EST Victoria Gold announces results from Dublin Gulch exploration program - Victoria Gold is pleased to provide assay results received to date from the 2021 Dublin Gulch exploration program Lynx diamond drillholes. Lynx is a newly developing on/near-surface gold target within the Dublin Gulch Gold Camp. During the 2021 season, over 20,000 meters of diamond drilling were completed across the claim package; including 11 holes for 2,706 m drilling at Lynx combined with a suite of surface trenches, mapping and soils geochemical surveys. Highlighted assay results received from the first 6 Lynx holes follow: 2.00 g/t Au over 32.3m in LX21-025C; 1.14 g/t Au over 31.4m in LX21-026C; 2.52 g/t Au over 10.2m in LX21-027C; 3.42 g/t Au over 18.3m in LX21-026C. "Lynx is another example of how under explored the Dublin Gulch claim block is." commented John McConnell, President and CEO of Victoria. "Now that Eagle is operating, our team has turned its attention to the systematic exploration of the numerous targets on the block. We fully expect more discoveries in the future." Exploration in 2021 at Lynx expanded upon the initial 2020 work which consisted of 4 diamond drillholes that totaled 594m. The 2021 exploration program was designed to extend the known near-surface gold mineralization and target the vertical extents of gold mineralization. This work culminated in 11 diamond drillholes totaling 2,706 meters in Lynx and 22 surface trenches totalling 2,362 meters.
LIACF

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07:28 EST American Lithium appoints DRA Global as project lead to finalize TLC PEA - American Lithium is pleased to announce it is launching the final phase towards completion of its maiden preliminary economic assessment on the Company's TLC Lithium project with the appointment of DRA Global as lead engineer. Stantec Consulting Ltd. will act as contributing consultants, in particular in relation to mineral resources and mine design, and as reported previously, acid leach and roast water leach studies and precipitation test work is on-going at ANSTO Minerals in Australia. These results will be incorporated into the PEA with all previous TLC process studies completed at laboratories in the US, Canada and Peru. The first draft of the maiden TLC PEA as well as preliminary economic modeling is anticipated to be completed by end of Q2, 2022.
ALNY

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07:27 EST Alnylam announces FDA acceptance of lumasiran sNDA - Alnylam announced that the FDA has accepted the company's supplemental New Drug Application, or sNDA, for lumasiran, an investigational RNAi therapeutic targeting hydroxyacid oxidase 1, or HAO1, the gene encoding glycolate oxidase, for the reduction of plasma oxalate in the treatment of patients with advanced primary hyperoxaluria type 1. The FDA has set an action date of October 6, under the Prescription Drug User Fee Act.
PROF

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07:27 EST Profound Medical's TULSA-ORI now compatible with GE's 3T MRI Scanners - Profound Medical confirmed the TULSA-PRO system's new compatibility with GE Healthcare's 3T Magnetic Resonance Imaging scanners. Profound subsequently signed the first site agreement for a TULSA-PRO system interfaced with a GE scanner with Boston's renowned Brigham and Women's Hospital. "As demonstrated by our TULSA-PRO site agreement with the prestigious Brigham and Women's Hospital, this expanded compatibility with GE MR systems will allow us to better leverage the existing MRI scanner installed base, increasing our market access in the United States by approximately 30-to-40%," said Arun Menawat, Profound's CEO and Chairman. "TULSA-PRO is now the first and only prostate therapeutic platform to have achieved compatibility with MRI scanners supplied by all three of the world's largest manufacturers."
LTRX

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07:26 EST Lantronix announces software build for Open-Q 8250CS SOM - Lantronix announced a new software build for its Open-Q 8250CS System on Module. Designed to extend intelligent video capabilities, the software enables the Open-Q 8250CS to deliver a powerful platform for products that need to effectively collect, connect, compute, comprehend and control information. Designed with solid software building blocks, the new development software improves the Open-Q 8250CS SOM by empowering users to get to market quickly with solutions for intelligent IoT vertical markets. It is particularly useful in video collaboration, surveillance, Smart Cities, fleet management, smart display and AI retail boxes by enhancing video processing functionality and reducing latency.
LTRY

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07:25 EST Lottery.com enters into agreement with ICARO Media Group - Lottery.com announced that ICARO Media Group has joined the LotteryLink program and will serve as an affiliate marketing partner in specific global markets expected to include Latin America, Europe and North America. ICARO will initially market Lottery.com products to 4.2M unique monthly users of the ICARO platform in one of its LATAM markets and expects to expand unique users in this market, where it has more than 50M addressable telecom subscribers under contract. In the future, ICARO is expected to expand LotteryLink's geographic reach through its existing partnerships with multiple telecom and broadcast media companies where ICARO's total addressable market today is greater than 220M subscribers. "With their AI-driven marketing technology, engaged audiences and broad reach across North and Latin America, ICARO is an ideal addition to our LotteryLink affiliate program. Our agreement with ICARO demonstrates the consistent progress we are making in growing our B2B2C business," said Tony DiMatteo, Co-Founder and CEO of Lottery.com. "We greatly appreciate the opportunity to have a market leader like ICARO join LotteryLink and look forward to working with a tremendous team that has a shared vision of the future of digital media."
PETV

Hot Stocks

07:25 EST PetVivo to exhibit at Western Veterinary Conference - PetVivo Holdings announced it will be exhibiting at the Western Veterinary Conference to be held March 6th to March 9th, 2022 at the Mandalay Bay Convention Center in Las Vegas, Nevada. PetVivo intends to introduce its lead product, SPRYNG with OsteoCushion Technology, an intra-articular injectable veterinary medical device consisting of sterilized, extra-cellular matrix microparticles, which performs in the joint as wet, slippery micro-cushions used in the management of lameness and other joint related afflictions, such as osteoarthritis. WVC is the largest veterinary conference that services the western part of the United States, and normally plays host to more than 15,000+ participants including many of the top industry professionals.
BGOPF

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07:24 EST Bango qualifies to trade on OTCQX Best Market - OTC Markets Group announced Bango, the global platform for data driven commerce, has qualified to trade on the OTCQX Best Market. Bango PLC upgraded to OTCQX from the Pink(R) market.
BVS

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07:23 EST Bioventus receives FDA clearance for StimRouter Pain Management Device - Bioventus announced that the US Food and Drug Administration, FDA, has awarded 510(k) clearance to the next generation StimRouter Neuromodulation System for the treatment of chronic pain of peripheral nerve origin, excluding craniofacial pain. StimRouter is a minimally invasive neuromodulation medical device consisting of a thin, implanted lead with conductive electrode, external electric field conductor, E-EFC, and StimRouter Plus Mobile Application. "The impact of chronic, debilitating pain is more than just managing the impacted anatomy, it is also about helping return the individual back to a life pre-pain," said John Nosenzo, Chief Commercial Officer, Bioventus. "The emotional and psychological damage from living with pain is horrific and we are pleased to support all the physicians who are committed to improving patient lives, in particular with alternatives to opioids when possible. The next generation StimRouter will support patients and physicians to meet their pain treatment goals as the previous generation of peripheral nerve stimulation has done for many years."
MESA

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07:22 EST Mesa Air appoints Christian Daoud as VP, maintenance and technical operations - Mesa Air Group named Christian Daoud as its new Vice President of Maintenance and Technical Operations. Daoud is currently Senior Director of Technical Operations at Mesa and first worked for Mesa as a Lead Aircraft Mechanic in 2006. He will be taking over from Chris Toro and reporting directly to Executive VP and COO Brad Rich.
CTG

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07:22 EST Computer Task Group partners with VCU Health System - CTG announced the successful collaboration with VCU Health System during their Epic go-live in December 2021. Throughout the engagement, CTG provided solutions for legacy applications, critical go-live readiness activities, end-user training, workflow optimization, and in-person end-user application support for the VCU Health enterprise. On December 1, 2021, VCU Health announced its plans for enterprise-wide deployment of Epic, an electronic health record, to provide patient-centered care and a fully connected network across the enterprise by improving patient and clinician communications and care decisions. Early in the organization's Epic implementation planning process, CTG was engaged to support critical legacy applications to allow internal health system resources to focus on Epic planning and application training. VCU Health then engaged CTG for activation and training support solutions. In preparation for the activation, CTG collaborated with the health system on activities related to training, virtual and onsite support levels and logistics, and inpatient and ambulatory technical readiness-all critical to ensuring adequate training, staffing, and technical preparation for go-live.
VIEW

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07:22 EST View Inc. announces Smart Windows installed in Lake Nona Wave Hotel - View announced its Smart Windows have been installed in every room at the new high-tech Lake Nona Wave Hotel. "With Lake Nona, Tavistock is fundamentally reshaping the way that not only buildings, but entire cities are designed, built, and experienced," said Dr. Rao Mulpuri, CEO of View. "Lake Nona showcases what's possible when smart building technologies are thematically integrated across the entire spectrum of real estate-from offices to hotels, apartments, hospitals, and more. We could not be more excited to partner with Tavistock to define and demonstrate the city of the future."
DRIO SNY

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07:21 EST DarioHealth enters strategic agreement with Sanofi - DarioHealth (DRIO) announced it has entered into a strategic agreement with Sanofi (SNY). The multi-year, $30M agreement, which is subject to certain contingencies, will help accelerate commercial adoption of Dario's full suite of digital therapeutics and drive the expansion of digital health solutions on the Dario platform. Dario and Sanofi will collaborate on promoting the Dario multi-condition digital therapeutics solution, significantly increasing Dario's sales reach in the health plan market and selectively in the employer channel. In addition, the agreement calls for Dario and Sanofi to develop new or enhanced solutions leveraging the Dario platform, and for the parties to generate robust evidence to support future commercialization in the health plan channel. Sanofi selected Dario to leverage its broad suite of digital therapeutics and its ability to engage patients for favorable clinical and financial outcomes, as the solution of choice for its U.S. commercial clients. Dario's single platform helps patients manage diabetes, hypertension, weight management, musculoskeletal and behavioral health, offering Sanofi managed care clients an attractive, easily scalable digital health solution that creates immediate access across a wide range of needs.
ZIMV ZBH

Hot Stocks

07:21 EST ZimVie completes separation from Zimmer Biomet - ZimVie announced its debut as an independent publicly traded company and the completion of its separation from Zimmer Biomet Holdings. This separation completes the path ZimVie began in 2021 when its former parent company announced its intention to separate its Dental and Spine businesses into one of the world's newest and leading life sciences companies. ZimVie common stock began "regular way" trading under the symbol "ZIMV" on the Nasdaq Stock Market. Concurrent with its separation, ZimVie announced the individuals who serve as members of the Company's Board of Directors: Vinit K. Asar, President and Chief Executive Officer of Hanger Inc., a leading provider of outcomes-based orthotic and prosthetic patient care services and solutions, since May 2012. Sally Crawford, former Chief Operating Officer of Healthsource, Inc., a publicly held managed care organization, from its founding in 1985 until 1997. Vafa Jamali, President and Chief Executive Officer of ZimVie and previously Senior Vice President and President, Respiratory, Gastrointestinal and Informatics of Medtronic plc. David King, former Chief Executive Officer of Labcorp, a leading global life sciences company, from 2007 to 2019. Richard Kuntz, M.D., Senior Vice President, Chief Medical and Scientific Officer of Medtronic plc. Karen Matusinec, former Senior Vice President, Treasurer of McDonald's Corporation from 2011 to 2021. In that role, she was responsible for Global Treasury, Tax, Insurance, and Global Business Services functions. Ms. Matusinec brings significant financial expertise and extensive experience in treasury, tax, insurance, shared services, and risk management to ZimVie's Board of Directors. Under the terms of the separation, at 12:01 a.m. Eastern time on March 1, 2022, each Zimmer Biomet Holdings, Inc. shareholder received one share of ZimVie common stock for every ten shares of Zimmer Biomet common stock held as of the close of business on Feb. 15, 2022. Zimmer Biomet retained approximately 19.7% of ZimVie's common stock.
BFST

Hot Stocks

07:20 EST Business First Bancshares completes acquisition of Texas Citizens Bancorp - Business First Bancshares, the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp, and its wholly owned bank subsidiary, Texas Citizens Bank, National Association. The acquisition became effective March 1, 2022, in accordance with the terms of the previously announced agreement. Upon the completion of the acquisition, b1BANK has approximately $5.3B in assets, $3.6B in loans and $4.6B in deposits. With the addition of the six Texas Citizens banking locations in the Houston market, b1BANK will have 48 full-service Banking Centers and three Loan Production Offices across Louisiana and in the Dallas and Houston markets. Duncan Stewart, Texas Citizens chairman and CEO, will join b1BANK serving as chairman, Houston region. Texas Citizens President Mike Cornett will also join the b1BANK team as vice chair, Houston. Current b1BANK Executive Vice President, Director of Market Expansion Don Hingle will relocate to Houston as regional president, Houston.
AMPY

Hot Stocks

07:19 EST Amplify Energy provides update on Southern California release - Amplify Energy issued the following update regarding the Southern California release event: "On December 28, 2021 the United States Coast Guard announced that the Unified Command had concluded cleanup operations in all counties impacted by the release event in October. On February 2, 2022, Unified Command stood down and announced that the response phase was officially complete. Amplify deployed upwards of 1,800 oil spill response contractors who worked under the direction of the Unified Command alongside government agencies, wildlife rescue organizations and local volunteers," the company said. Investigation Update: On February 28, 2022, Amplify filed a complaint against the two shipping companies whose anchors struck the San Pedro Bay Pipeline, damaging the pipeline and causing the oil release in early October. The Company also filed claims against the Marine Exchange of Southern California, which failed to notify Amplify of the anchor strikes. Operational Update: Amplify Energy continues to work cooperatively with the appropriate regulatory agencies to safely and promptly advance its permanent repair plan for the San Pedro Bay Pipeline, which was damaged by vessel anchor strikes in January 2021.
KTOS MSFT

Hot Stocks

07:18 EST The Digital IF Interoperability Consortium announces seven new members - The Digital IF Interoperability Consortium announced the addition of seven new members, in February 2022, from across industry sectors, including: AvL Technologies delivers mobile satellite antenna systems and positioners with the innovative designs, technical superiority, and reliable performance. Calian Advanced Technologies delivers a wide variety of innovative solutions to meet advanced technology, health, learning IT and Cyber needs. Datapath, Inc. is a leading mission critical solutions and services provider in the satellite, C61SR, and commercial communications industries. Integrasys specializes on engineering and manufacturing satellite spectrum monitoring systems in the telecommunications and broadcasting markets. Orbital Research manufactures high-performance frequency converters and RF components for the satellite communications industry. PdM WESS manages the acquisition, development and modernization of enterprise satellite communications systems and state-of-the-art satellite network control and planning systems for use with the defense satellite communications systems, as well as wideband global satellite and commercial satellite systems. Swedish Space Corporation is a leading global provider of advanced space services and a full-service supplier of state-of-the-art space engineering satellite and launch services to commercial and institutional customers worldwide.
FWBI KPRX

Hot Stocks

07:16 EST First Wave BioPharma appoints Sarah Romano as Chief Financial Officer - First Wave BioPharma (FWBI) announced that Sarah Romano has joined the Company as its Chief Financial Officer, CFO, effective immediately. Most recently, Romano served a four-year span as Chief Financial Officer at Kiora Pharmaceuticals (KPRX), formerly known as EyeGate Pharmaceuticals.
ONEW

Hot Stocks

07:14 EST OneWater Marine announces acquisition of YakGear - OneWater Marine announced that its subsidiary, T-H Marine, has acquired YakGear, a supplier of kayak equipment, paddle sports accessories, and boat mounting accessories based in Houston, Texas. YakGear will continue to operate as a standalone division of T-H Marine at its current facility in Houston, Texas. "The OneWater family looks forward to welcoming the YakGear team as we continue to diversify our suite of aftermarket marine products. YakGear is T-H Marine's second acquisition of 2022, underscoring the ability of T-H Marine's acquisition engine to add horsepower to OneWater's business model, aftermarket diversification, and growth strategy. Between T-H Marine's leading omni-channel presence in the marine industry and YakGear's position in the world of kayaking and paddle sports, we believe the combined forces are poised for further success." said Austin Singleton, Chief Executive Officer for OneWater.
BLDR

Hot Stocks

07:12 EST Builders FirstSource announces FY22 assumptions - The Company's anticipated 2022 performance is based on several assumptions, including the following: Single family starts percentage growth across our geographies in the mid-single digits; multi-family starts percentage increase in the low to mid-single digits; and R&R growth in the low to mid-single digits. Recently completed acquisitions projected to add net sales growth of 4% to 5%. One fewer selling day in 2022 versus 2021 or approximately 0.4%. Depreciation and amortization expenses in the range of $440 million to $460 million, including approximately $180 million of amortization related to intangible assets acquired in the BMC merger. Total depreciation projected to be $190 million and total amortization of $260 million for the full year 2022. Total capital expenditures spend in the range of $400 million to $420 million. Free cash flow in the range of $1.6 billion to $2.0 billion assuming average commodity prices in the range of $600 to $1,000. Interest expense in the range of $175 million to $185 million. An effective tax rate between 23.0% to 25.0%.
ACHL

Hot Stocks

07:12 EST Achilles Therapeutics announces 2022 key upcoming milestones - Patient Dosing: Dose first patients with higher dose cNeT monotherapy and cNeT in combination with a PD-1 inhibitor in 2Q 2022. Higher-dose Monotherapy: Report additional patient data from higher-dose cohort of cNeT monotherapy for the treatment of NSCLC and melanoma in 2H 2022. cNeT Combination: Report initial patient data from cNeT in combination with a PD-1 inhibitor for the treatment of melanoma in 2H 2022. Manufacturing Expansion: Increase manufacturing capacity in the United Kingdom with GMP licensure of the Cell & Gene Therapy Catapult facility in 2Q 2022. Tumor Archiving Program: Initiate program in 1H 2022
ACHL

Hot Stocks

07:11 EST Achilles Therapeutics expects cash to fund operations into 2H24 - Cash and cash equivalents were $266.3 million as of December 31, 2021, as compared to $177.8 million as of December 31, 2020. The Company anticipates that its cash and cash equivalents are sufficient to fund its planned operations into the second half of 2024, including full funding of the ongoing Phase I/IIa CHIRON and THETIS clinical trials
RYTM

Hot Stocks

07:10 EST Rhythm Pharmaceuticals expects cash to fund requirements into 2H23 - Based on its current operating plans, Rhythm expects that its existing cash, cash equivalents and short-term investments as of December 31, 2021 will be sufficient to fund its operating expenses and capital expenditure requirements into at least the second half of 2023.
RYTM

Hot Stocks

07:09 EST Rhythm Pharmaceuticals announces key upcoming milestones - Today, Rhythm announced its Phase 3 EMANATE clinical trial will be initiated in the first half of 2022. In the first half of 2022, Rhythm expects to: Announce preliminary data from the ongoing Phase 2 study in patients with hypothalamic obesity; Announce new data from the ongoing exploratory Phase 2 Basket Study evaluating setmelanotide in patients with obesity due to a variant in the MC4 receptor; and Announce long term-extension trial data in the in the first half of 2022, including: 12-month data for SRC1 and SH2B1 deficiency obesities and 24-month data for BBS and biallelic POMC, PCSK1 or LEPR deficiency obesities. Rhythm anticipates that the EMA's Committee for Medicinal Products for Human Use will make it recommendation on the Company's Type II variation application to the for setmelanotide for the treatment of obesity and control of hunger in adult and pediatric patients 6 years of age and older with BBS in the second half of 2022. The Company expects to initiate a Phase 3, randomized, double-blind trial in patients naive to setmelanotide therapy to evaluate the weekly formulation of setmelanotide in patients with BBS in the second half of 2022.
KSS

Hot Stocks

07:09 EST Kohl's announces $3B share repurchase program - Kohl's board of directors approved a $3B share repurchase authorization and the company plans to repurchase at least $1B in shares in 2022, of which $500M is expected to be repurchased through open market transactions or an ASR program executed in Q2.
KSS

Hot Stocks

07:08 EST Kohl's increases quarterly cash dividend 100% to 50c per share - Kohl's board of directors declared a quarterly cash dividend on the company's common stock of 50c per share, an increase of 100%. The dividend is payable March 30 to shareholders of record at the close of business on March 16.
WEN

Hot Stocks

07:04 EST Wendy's approves new $100M share repurchase plan - The company's Board of Directors has approved a new $100M share repurchase authorization, expiring in February 2023.
AXSM

Hot Stocks

07:03 EST Axsome Therapeutics announces anticipated milestones - Regulatory and Commercial: AXS-05 for MDD, FDA action on NDA; AXS-07 for migraine, FDA action on NDA PDUFA date April 30, 2022; AXS-05 for MDD, commercial launch, if approved; AXS-07 for acute migraine, commercial launch, if approved 2022; AXS-14 for fibromyalgia, NDA submission 2023; Clinical Trial Readouts: Phase 3 SYMPHONY trial of AXS-12 in narcolepsy, topline data 1H 2023; Phase 3 ACCORD trial of AXS-05 for Alzheimer's disease agitation, topline data 1H 2023.
WEN

Hot Stocks

07:03 EST Wendy's reports Q4 U.S. systemwide sales (0.7%) - Reports Q4 International systemwide sales growth 13.5%; Global 0.8%.
AXSM

Hot Stocks

07:02 EST Axsome Therapeutics expects cash to fund operations into 2024 - Axsome believes that its current cash, along with the remaining committed capital from the $300 million term loan facility, is sufficient to fund anticipated operations, based on the current operating plan, which includes costs for the potential commercial launch of AXS-05 in MDD and AXS-07 in migraine, into 2024. Axsome expects that its operating expenses will increase year over year as it continues to build out the commercial function and further advance its pipeline.
WEN

Hot Stocks

07:01 EST Wendy's reports Q4 U.S. same-restaurant sales growth 6.1% - Reports Q4 International same-restaurant sales growth of 18.1%; Global 7.3%.
COTY

Hot Stocks

06:58 EST Coty to receive upsized shareholder distribution of $250M from Wella - Coty announced it now expects to receive a shareholder distribution of $250M at a minimum from its equity stake in Wella, a significant increase from the prior expectation of approximately $175M. The upsized shareholder distribution is due to Wella finalizing the intended use of proceeds from its recent refinancing. The company expects to receive this shareholder distribution in the next two months. As previously announced, Coty intends to utilize this distribution plus excess cash on the balance sheet to redeem its 2023 EUR 550M unsecured bonds in full, following the time that the bond call premium drops to par on April 15th, 2022, thereby accelerating the Company's deleveraging trajectory. Importantly, this distribution represents a strong milestone to reaching Coty's CY22 leverage ratio target of approximately 4x, as Coty's net debt declines from the $4.45B exiting CY21 and the Company's CY22 adjusted EBITDA approaches $1B. Coty continues to target leverage of approximately 2x exiting CY25.
NXE

Hot Stocks

06:58 EST NexGen Energy uplists to NYSE from NYSE American - NexGen Energy announced that it has been approved for uplisting on the New York Stock Exchange from its current listing on the NYSE American. The company's common stock will begin trading under the symbol "NXE" at the opening of trading on March 4.
AZO

Hot Stocks

06:57 EST AutoZone announces inventory up 6.2% y/y - The company's inventory increased 6.2% over the same period last year, driven by new stores, hubs and megahubs with the remaining growth primarily due to inflation. Net inventory, defined as merchandise inventories less accounts payable, on a per store basis, was negative $198 thousand versus negative $93 thousand last year and negative $207 thousand last quarter. During the quarter ended February 12, 2022, AutoZone opened 26 new stores and closed one in the U.S., opened three stores in Mexico and two stores in Brazil. As of February 12, 2022, the Company had 6,091 stores in the U.S., 669 in Mexico and 55 in Brazil for a total store count of 6,815.
GIB

Hot Stocks

06:57 EST CGI Inc. intends to repurchase 3.97M shares held by CPQ for C$100.80 per share - CGI announced that it intends to enter into a private agreement with Caisse de depot et placement du Quebec, or CDPQ, for the purchase for cancellation of 3,968,159 of its Class A subordinate voting shares held by CDPQ for a price of C$100.80 per Class A Share, which represents a discount to the closing price on February 28, 2022 of the Class A Shares on the Toronto Stock Exchange. The transaction will be made in connection with the periodic portfolio rebalancing of CDPQ. Once completed, CDPQ will continue to hold approximately 23.5M Class A Shares, representing approximately 9.8% of CGI's total outstanding shares.
MLM

Hot Stocks

06:56 EST Martin Marietta to sell certain West Coast assets to CalPortland for $250M - Martin Marietta announced that it has entered into a definitive agreement to sell certain West Coast cement and ready mixed concrete operations to CalPortland Company for $250M in cash. The operations include the Redding cement plant, related cement distribution terminals and 14 ready-mixed concrete plants located in California. The transaction is expected to close in the second half of 2022, subject to regulatory approvals and other customary closing conditions.
XHR

Hot Stocks

06:53 EST Xenia Hotels to acquire W Nashville for $328.7M - Xenia Hotels announced it has agreed to acquire the 346-key W Nashville for a purchase price of $328.7M or $950,000 per key. The Company expects to close the transaction by the end of the first quarter and fund the acquisition with available cash. The completion of the transaction is subject to customary closing conditions.
AZZ

Hot Stocks

06:52 EST AZZ Inc. to acquire DAAM Galvanizing - AZZ Inc. announced that it has entered into an agreement to acquire DAAM Galvanizing, a privately held hot-dip galvanizing company based in Edmonton, Alberta Canada. Terms of the transaction were not disclosed. Upon closing, AZZ intends to operate the new facilities as AZZ Galvanizing - Edmonton and AZZ Galvanizing - Saskatoon, and make further investments in Calgary to extend AZZ's ability to support customers in Central and Western Canada. The new metal coatings plants will be integrated into AZZ's existing network of hot-dip galvanizing plants, increasing its total hot-dip galvanizing network to 42 sites in North America.
PFE

Hot Stocks

06:50 EST Pfizer announces results from Phase 3 CLOVER trial of C. difficile vaccine - Pfizer announced results from the CLOVER trial, a pivotal Phase 3 study evaluating its Clostridioides difficile vaccine candidate in the prevention of C. difficile infection. Initial analyses of two protocol defined secondary endpoints indicated a highly favorable benefit in reducing CDI severity and 100% vaccine efficacy in preventing medically attended CDI, although the trial did not meet its pre-specified primary endpoint of prevention of primary CDI. Safety reviews indicated that the investigational vaccine was safe and well tolerated. Clostridioides difficile infection is a serious infection associated with diarrhea that may progress to severe and debilitating illness with potentially fatal outcomes and the United States Centers for Disease Control and Prevention has classified CDI as an urgent public health threat.3 Close to 10 percent of patients aged 65 or older with a healthcare-associated C. difficile infection are at risk of death within 30 days of diagnosis and constitute 90 percent of those with risk for fatal outcome. All laboratory-confirmed CDI cases are among persons with diarrhea who seek medical care and have a stool specimen collected and tested for C. difficile. In 2017, the incidence of medically attended laboratory-confirmed CDI cases in those age 50 and older and those age 65 and older was 286/100,000 persons and 452/100,000 persons, respectively. CLOVER enrolled approximately 17,500 adults, 50 years and older. The study was expected to accrue 66 cases of CDI within two years of the primary vaccination series. Due to significant operational challenges created in part by the COVID-19 pandemic, the final analysis was performed at 42 cases within four years after agreement from the U.S. Food and Drug Administration to amend the protocol. The two primary efficacy endpoints in CLOVER were first primary episode of CDI greater than or equal to14 days following completion of the third dose and first primary episode of CDI greater than or equal to14 days following completion of the second dose. Vaccine efficacy under the primary endpoint was 31% following the third dose and 28.6% following the second dose for the C. difficile vaccine candidate. For all CDI cases recorded 14 days post dose 3, vaccine efficacy 49%, 47% and 31% up to 12 months, 24 months and at final analysis, respectively. The vaccine was very well tolerated and showed a favorable safety profile. Local and systemic reactions were mild to moderate, with mostly pain at the injection site with higher incidence after the second and third doses. The number of participants reporting overall adverse events, serious AEs, withdrawals and deaths were similar between the two groups. A highly favorable potential benefit was noted in reducing the duration and severity of disease. The pre-specified secondary endpoint of the proportion of participants who sought medical attention for CDI showed a 0-11 case split, corresponding to 100% vaccine efficacy. None of the participants with CDI in the vaccine group required medical attention compared to 11 in the placebo group. In addition, the median CDI duration was 1 versus 4 days and the mean duration was 3 versus 16 days comparing vaccine to placebo, corresponding to a 75% and 80% reduction in disease episode, respectively, in vaccinated people. Pfizer will further evaluate data from the trial and determine next steps for the C. difficile vaccine program. The company plans to submit for presentation of the Phase 3 CLOVER trial results, including all secondary endpoints, at a future medical congress and for publication in a peer-reviewed scientific journal.
THC

Hot Stocks

06:47 EST Tenet Healthcare to no longer pursue spinoff of Conifer Health Solutions unit - Tenet Healthcare announced that - based on ongoing shareholder value creation opportunities and improved business fundamentals - the company will no longer pursue a spinoff of its Conifer Health Solutions subsidiary. The decision for Conifer to remain part of Tenet was made following a thorough review by Tenet's Board of Directors in consultation with independent legal and financial advisors and in consideration of the best interests of Tenet and its shareholders. Key factors supporting this decision include: Significantly improved financial profiles of Tenet and Conifer, including Adjusted EBITDA margin improvement of more than 1,000 basis points at Conifer since 2017. Expectations that Conifer will deliver FY 2022 revenue growth in the mid- to high-single digits with a strong margin and cash flow profile. Ongoing benefits anticipated from revamped commercialization efforts, new sales talent and technology, and a focus on point solutions. New client wins and compelling growth prospects within Conifer's pipeline. "We have achieved significant operational and financial progress within Conifer in the last few years and dramatically improved Tenet's profile across key financial metrics like Adjusted EBITDA, Free Cash Flow and net debt leverage," said Ron Rittenmeyer, Executive Chairman of Tenet Healthcare. "We believe that continuing to build on our progress with Conifer will provide greater returns for Tenet's shareholders." "Conifer is primed with a robust pipeline and recent client wins with value that is not yet fully realized," said Saum Sutaria, M.D., Chief Executive Officer of Tenet Healthcare. "When coupled with ongoing efficiency opportunities from offshoring and automation, we have a compelling runway for the business." Also, the company reaffirmed its financial Outlook for FY 2022 (consolidated and by segment) as disclosed in its fourth quarter 2021 earnings press release dated February 7, 2022.
XHR

Hot Stocks

06:45 EST Xenia Hotels sees FY22 capital expenditures $95M - Sees FY22 interest expense $77M.
OB

Hot Stocks

06:38 EST Outbrain announces new $30M share repurchase plan
AZN

Hot Stocks

06:37 EST AstraZeneca's Alexion, Neurimmune close collaboration deal for NI006 - The company states: "Alexion, AstraZeneca's Rare Disease group, has closed an exclusive global collaboration and licence agreement with Neurimmune AG for NI006, an investigational human monoclonal antibody currently in Phase Ib development for the treatment of transthyretin amyloid cardiomyopathy, an underdiagnosed, systemic condition that leads to progressive heart failure and high rate of fatality within four years from diagnosis. Alexion has been granted an exclusive worldwide licence to develop, manufacture and commercialise NI006. Under the terms of the agreement, the upfront payment from Alexion to Neurimmune is $30M. Alexion will make additional contingent milestone payments of up to $730m upon achievement of certain development, regulatory and commercial milestones. It will also pay low-to-mid teen royalties on net sales of any approved medicine resulting from the collaboration. Neurimmune will continue to be responsible for completion of the current Phase Ib clinical trial on behalf of Alexion, and Alexion will pay certain trial costs. Alexion will be responsible for further clinical development, manufacturing and commercialisation following the Phase Ib trial." Reference Link
NILE

Hot Stocks

06:37 EST BitNile issues February Bitcoin production report - BitNile Holdings published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile's Bitcoin mining production is currently operating at an estimated annualized run rate of 360.99 Bitcoin based on current market conditions, including a mining difficulty of approximately 28.0 trillion. BitNile has 2,160 active S19j Pro Antminers, with 297 more miners expected to arrive in the second week of March 2022, which when installed, are expected to generate a combined processing power of approximately 250 petahashes per second, the computational power that is being used to mine Bitcoin. During the month of February 2022, BitNile self-mined 25.9 Bitcoin. To date, BitNile has mined a total of 100.9 Bitcoin. Milton "Todd" Ault, III, the company's Executive Chairman, stated, "We expect to significantly ramp up our production capacity beginning in March 2022, as we expect to receive and begin installing 2,300 miners per month from our previously announced purchase agreements."
MSFT

Hot Stocks

06:36 EST Microsoft removing RT apps, banning Russia state-owned ads - Microsoft reviewed areas it is aiding Ukraine. Protection from cyberattacks: "In recent days, we have provided threat intelligence and defensive suggestions to Ukrainian officials regarding attacks on a range of targets," the company said. Protection from state-sponsored disinformation: In accordance with the EU's recent decision, the Microsoft Start platform will not display any state-sponsored RT and Sputnik content. Microsoft is removing RT news apps from its Windows app store and further de-ranking these sites' search results on Bing so that it will only return RT and Sputnik links when a user clearly intends to navigate to those pages. Finally, Microsoft is banning all advertisements from RT and Sputnik across our ad network and will not place any ads from our ad network on these sites. Support for humanitarian aid: Microsoft Philanthropies and UN Affairs teams work closely with the International Committee of the Red Cross, ICRC, and multiple UN agencies. Our initial and immediate focus has been on support for humanitarian organizations that are doing work to help support refugees fleeing into neighboring countries. Reference Link
M

Hot Stocks

06:36 EST Macy's launches enterprise-wide social purpose platform - Mission Every One - Macy's announced the launch of its enterprise-wide social purpose platform - Mission Every One - to build on the company's heritage of corporate citizenship and to achieve positive societal change. With Mission Every One, Macy's commits to leveraging its resources, talent, and scale to create a brighter future with bold representation for all. The social purpose platform is built on three pillars of impact - people, communities, and planet - and will direct $5B of the company's spend, scaling through 2025, to the partners, products, people, and programs that help create a more equitable and sustainable future.
TAP

Hot Stocks

06:22 EST Molson Coors' Coors Light eliminates 6-pack plastic rings globally - Coors Light announced it will eliminate plastic rings from packaging globally, where Molson Coors owns brewing operations, and is set to become the largest beer brand in North America to move away from plastic rings. To support the move to more sustainable packaging, Molson Coors Beverage Company will invest $85M enabling Coors Light to begin the transition to fully recyclable and sustainably sourced cardboard-wrap carriers later this year.
KW

Hot Stocks

06:18 EST Kennedy Wilson and partners acquire 905 units in Western U.S. for $264M - Kennedy Wilson and its partners have acquired in separate transactions Central Park Commons, a 180-unit garden-style apartment community in Meridian, Idaho; Paceline, a 221-unit apartment community in Shoreline, Washington; and AYA ABQ, a 504-unit garden-style apartment community in Albuquerque, New Mexico for a total $264M, excluding closing costs. Kennedy Wilson has an approximate 50% ownership in these acquisitions, which were completed within the company's co-investment portfolio. Kennedy Wilson and its partners invested $149M of total equity, including $75M by Kennedy Wilson and the properties are expected to add approximately $11M of initial annual net operating income, including $6M to Kennedy Wilson. Beginning immediately, Kennedy Wilson will implement value-add asset management plans at the three communities, including renovating unit interiors, refreshing common areas and enhancing amenities.
BV

Hot Stocks

06:16 EST BrightView acquires TDE Group, terms not disclosed - BrightView Holdings announced the acquisition of TDE Group, a snow removal and commercial landscaping company headquartered in suburban Detroit with operations in Windsor, Ontario. Terms of the transaction were not disclosed. TDE Group is the 34th firm to be purchased by BrightView under its successful long-term acquisition growth strategy.
CVX

Hot Stocks

06:15 EST Chevron confirms targets to lower carbon intensity of its operations - Chevron reaffirmed its targets to lower the carbon intensity of its operations and grow new energy business lines in renewable fuels, hydrogen, carbon capture and offsets. "We're executing projects to lower carbon intensity to progress towards our 2050 net zero aspiration for Upstream Scope 1 and 2 emissions," said Jay Johnson, executive vice president, Upstream. "We intend to be a leader in cost and carbon efficient production." In addition, the company provided updates on renewable fuels, hydrogen and carbon capture projects. "Chevron's new energy businesses are making progress towards our 2030 goals," said Jeff Gustavson, president of Chevron New Energies. "We're bringing our unique capabilities, in partnership with others, to advance lower carbon energy solutions that target harder-to-abate sectors and deliver competitive returns." Consistent with the company's long-standing financial priorities, improved cash generation from its traditional business is expected to support a growing dividend, investments in traditional and new energy businesses, a strong balance sheet, and steady buybacks. "I believe Chevron is well positioned for the future with a leading traditional energy business and faster-growing new energy business lines," Wirth concluded. "Combined with our strong track record of financial and operating discipline, we expect to deliver on our objective of higher returns and lower carbon that will benefit stakeholders for years to come."
JKS

Hot Stocks

06:13 EST JinkoSolar provides update on dialogue with UN Global Compact Liaison Office - JinkoSolar recently hosted a dialogue with delegates from the UN Global Compact Liaison Office in Beijing, on the role of solar PV technology development in achieving global Sustainable Development Goals, or SDGs, set up by the United Nations. The dialogue was attended by Meng Liu, Head of Liaison Office of the UN Global Compact, and Kangping Chen, CEO of Jinko Solar, the principal operating subsidiary of JinkoSolar. The company said, "Mr. Chen briefly introduced how JinkoSolar's advanced technology enhances the penetration of solar PV application, accelerates global energy transition, and brings about effective, scalable, and sustainable change. Ms. Liu welcomed JinkoSolar's participation in the United Nations Global Compact since last year and JinkoSolar's commitment to the ten principles of the Global Compact. She provided positive feedback on the important role JinkoSolar has played to accelerate the shift towards renewables, enhancing the accessibility of green and clean energy in underdeveloped regions and complimented the Company's efforts to support the acceleration of the achievement of the Sustainable Development Goals in this regard. Topics under discussion touched upon JinkoSolar's best practices on advancing renewable investment in the Belt and Road countries, promoting innovative solar plus solutions to assist regions lacking reliable electricity and clean water, forming new partnerships, and staying committed to bridging the energy inequality gap."
DASH

Hot Stocks

06:04 EST DoorDash to acquire Bbot, terms undisclosed - DoorDash announced that it has entered into a definitive agreement to acquire hospitality technology startup, Bbot. The addition of Bbot's products and technology to the DoorDash platform offers merchants more solutions for their in-store and online channels, including in-store digital ordering and payments. With Bbot, DoorDash is expanding its suite of first-party Platform Services, which includes DoorDash Storefront, its commission-free online ordering solution, to address merchant demand for a more integrated and simplified software solution. Bbot's solutions include features, like a QR code scanner that brings customers to a merchant-branded, interactive online menu for in-store ordering. Upon deal close, Bbot's in-store digital and online ordering solutions will be available to merchants for no monthly subscription fee through August 31.
TOSYY

Hot Stocks

06:04 EST Toshiba names Taro Shimada to succeed Satoshi Tsunakawa as CEO - Toshiba CEO Satoshi Tsunakawa has stepped down and Chief Digital Officer Taro Shimada will succeed him, the company said on Tuesday. Shimada will lead the company that will run the energy and infrastructure business after the spinoff, Toshiba added.
CVX

Hot Stocks

06:02 EST Chevron raises share buyback guidance to $5B-$10B per year - Chevron expects to continue to improve capital and cost efficiency to deliver higher returns. In line with this objective, the company announced: Maintaining guidance for annual organic capital and exploratory expenditures of $15 billion to $17 billion through 2026. A target to reduce 2026 operating expenses per barrel by more than 10% from 2021 levels. Expected oil and gas production CAGR greater than 3% by 2026. The combination of a more capital-efficient investment program, lower unit costs, and higher production is expected to result in a 12% return on capital employed in 2026 and 10% CAGR of operating cash flow per share by 2026, both at $60 Brent. The company also raised its share buyback guidance range to $5 to $10 billion per year, up from prior guidance of $3 to $5 billion per year. "We have an advantaged portfolio and an industry leading balance sheet," said Pierre Breber, Chevron's CFO. "With the increase in our dividend and buybacks in the middle of our updated guidance range, cash returned to shareholders is expected to grow more than 50% from last year."
PAFO

Hot Stocks

05:43 EST Caravelle expects to list on Nasdaq via Pacifico Acquisition pact - Caravelle, a global carbon-neutral ocean-going technology company, has signed a letter of intent with Pacifico Acquisition Corp. Caravelle will be expected to be listed on Nasdaq. At the same time, a number of private equity funds participated in PIPE. The founder and CEO, Zhang Guohua, has more than 20 years of experience in the entire industry chain of the wood industry.
INCR

Hot Stocks

05:39 EST InterCure enters partnership with Altman Health - InterCure announced it has signed a definitive agreement with Altman Health. The newly formed company will focus on the new Israeli CBD product market, following the Israeli Minister of Health's announcement yesterday that CBD will be removed from the Dangerous Drugs Act. Altman Health was created in 2005 by the merger of two health product firms, Ta'am Teva and Altman. Altman Health offers a wide range of health and wellness products, including nutritional supplements, homeopathic solutions and medicinal cosmetics.
CNHI

Hot Stocks

05:37 EST CNH Industrial CEO Scott Wine purchases 150,000 shares at $13.69 average - The company also announced that Scott Wine, CEO, CNH Industrial, has purchased 150,000 of the company's common shares at an average price of $13.69. This transaction has been duly notified to the regulatory authorities. Wine holds in total 350,000 of the company's common shares.
CNHI

Hot Stocks

05:36 EST CNH Industrial announces EUR 100M share buyback program - CNH Industrial announced that the board of directors has approved a share buyback program. The program will involve the intermittent repurchase of up to 100M euros' worth of the company's common shares between now and October 14. Funded by the company's liquidity, the program is intended to optimize the capital structure of the company and to meet the obligations arising from the company's equity incentive plans.
EGY

Hot Stocks

05:34 EST Vaalco Energy provides update on Etame field reconfiguration - Vaalco provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit, or FPSO, with a Floating Storage and Offloading vessel, or FSO, offshore Gabon. Vaalco anticipates that all of the associated engineering, long-lead equipment and significant contracts are proceeding in-line with the project timelines and expected delivery schedules for the deployment of the FSO in Q3. Field reconfiguration activities are expected to begin in March, as planned. The Cap Diamant, a double-hull crude tanker built in 2001 that is being re-engineered as the new FSO, arrived at a shipyard in Bahrain in late February on schedule, for the final modifications and certifications. Vaalco expects the vessel will begin sea trials in late June before being mobilized to Gabon. Compared to the current FPSO agreement, the new FSO will reduce storage and offloading costs by almost 50%, increase effective capacity for storage by over 50%, and is expected to lead to an extension of the economic field life, resulting in a corresponding increase in recovery and reserves at Etame. Current total field level capital conversion estimates are $40M to $50M gross. This capital investment is projected to save approximately $20M to $25M gross per year in operational costs through 2030, giving the project a payback period of less than two and a half years.
SHEL

Hot Stocks

05:31 EST Shell CFO Jessica Uhl to step down, Sinead Gorman to succeed - Shell announced the appointment of Sinead Gorman as chief financial officer, or CFO, effective April 1. She will become a member of both Shell's executive committee and board of directors. After a career of 17 years with Shell, the last five years as CFO, Jessica Uhl will step down from her role on March 31. Jessica will be available to assist Sinead and the board with transition until June 30 after which she will leave the group.
OZON

Hot Stocks

05:28 EST Ozon comments on impact of sanctions on its operations - Ozon informed that Ozon Holdings is not subject to any sanctions at the moment. Ozon also notes that there are no regulatory restrictions on the ability of U.S. persons to acquire and trade in Ozon's securities, and non-U.S. persons are not exposed to any U.S. secondary sanctions risks in connection with such transactions. The company said, "Based on the currently available information, the Company's management believes that there is no direct material adverse effect of the U.S., EU and other sanctions recently imposed on Russia on our current day-to-day e-commerce platform's operations and our ability to conduct business. We primarily operate in Russia, and over 95% of GMV incl. services is generated in Russia. Over 90% of our buyers and sellers are also located in Russia. Both sellers and buyers can continue to supply and purchase goods through Ozon's e-commerce platform as usual. All of Ozon's key IT systems, as well as key physical infrastructure, including fulfillment centers, sorting hubs, dark stores and first and last-mile operations are fully functional, and there have been no interruptions to either IT or logistics processes resulting from sanctions. Transacting on our e-commerce platform continues without any disruptions resulting from sanctions. We continue to process payments of our customers and pay our sellers in the regular way. Customers are able to place prepaid orders using Mastercard, Visa, Mir, etc. on our platform. Prepaid orders account for over 90% of orders. Ozon is able to use SWIFT with a select number of partner banks. We have a strong liquidity position with approximately 80% foreign exchange liquidity, which serves as a natural foreign exchange hedge for the Company and believe we have sufficient ruble liquidity for our current day-to-day operations. We have ensured that we have access to our cash, cash equivalents and deposits, and the majority of our deposits is now held in Russia. The Company had cash, cash equivalents and short-term bank deposits of RUB 126 billion as of December 31, 2021. The Company notes that on February 25, 2022, Ozon filed a request to the Office of Foreign Assets Control ("OFAC") of the U.S. Treasury Department to remove Limited Liability Company Ozon Bank ("Ozon Bank") from the Specially Designated Nationals and Blocked Persons List (the "SDN List") since Ozon Bank is not linked to Sovcombank. As per our recent press release "Ozon Informs about Developments at Ozon Bank", on February 24, 2022, Ozon's banking subsidiary, Ozon Bank, was included in the SDN List by OFAC as an entity "linked to Sovcombank Open Joint Stock Company". Ozon acquired 100% of share capital of Oney Bank LLC (now Ozon Bank) from Sovcombank on May 26, 2021, when Oney Bank ceased to be an affiliate of the Sovcombank. Ozon can provide no assurance of the outcome and timing of the OFAC resolution on Ozon's application. Our business is likely, however, to be indirectly impacted by the U.S., EU and other sanctions recently imposed on Russia, particularly if they have a continued impact on the Russian economy, which could, among other things, have a material impact on activity on our platform. We may also face greater difficulties raising capital in the future, which could potentially reduce the level of future investment into infrastructure expansion and operations. We also cannot provide any assurance that any further development in sanctions, or escalation of the Ukraine situation more generally, will not have a significant impact on our business, financial condition or results of operations. In these challenging times, we remain focused on supporting all of our stakeholders, including customers, merchants, our multiple various business partners, employees and investors to the best of our ability. Ozon expects to release its full-year 2021 financial results on April 5, 2022, where we will also provide an update on the key year-to-date trends."
AON

Hot Stocks

05:25 EST Aon plc acquires Tyche, terms undisclosed - Aon plc announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The acquisition of Tyche will enable Aon to offer re/insurers a single technology platform with the ability to integrate capital modelling, pricing and reserving to drive better decision-making across both life and non-life business. The terms of the acquisition were not disclosed.
NIO

Hot Stocks

05:23 EST NIO delivers 6,131 vehicles in February, up 9.9% - Nio announced its February delivery results. Nio delivered 6,131 vehicles in February, representing an increase of 9.9% year-over-year. The deliveries consisted of 1,084 ES8s, the company's six- or seven-seater premium smart electric SUV, 3,309 ES6s, the company's five-seater high-performance premium smart electric SUV, and 1,738 EC6s, the company's five-seater premium smart electric coupe SUV. As of February 28, cumulative deliveries of the ES8, ES6 and EC6 reached 182,853 vehicles. During the production suspension of the Nio-JAC manufacturing plant in the Spring Festival holiday from January 31 to February 6, the Company adjusted the production lines to prepare for the delivery of ET7 in March. On February 28, the company received a letter of in-principle approval from the Stock Exchange of Hong Kong Limited for the secondary listing of its Class A ordinary shares by way of introduction on the Main Board of the SEHK with the trading expected to commence on March 10.
LI

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05:20 EST Li Auto delivers 8,414 Li Ones in February, up 265.8% - Li Auto announced that the company delivered 8,414 Li Ones in February, up 265.8% year over year. The cumulative deliveries of Li One reached 144,770 since the vehicle's market debut. "During the Chinese New Year, our users enjoyed range-anxiety-free and pleasant family time, thanks to Li ONE's range extension system that uses battery power for urban commuting and recharges during long-distance traveling. The combination of this system with the full-stack, self-developed NOA as part of Li ONE's standard configuration creates a safer and more convenient driving experience and offers superior suitability for long-distance family travel. At the same time, the holiday season and an outbreak of the pandemic in Suzhou have resulted in supply shortages and affected our production. We are taking additional measures to ensure supply and safeguard production, aiming to shorten the waiting time of delivery to our users." said Yanan Shen, co-founder and president of Li Auto. As of February 28, the company had 220 retail stores in 105 cities, as well as 279 servicing centers and Li Auto-authorized body and paint shops operating in 204 cities.
HCM

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05:19 EST Hutchmed receives approval to market fruquintinib in Macau region - Hutchmed announced that it has received approval to market fruquintinib, a selective and potent oral inhibitor of vascular endothelial growth factor receptors, or VEGFR, 1, 2 and 3, in the Macau Special Administrative Region. The approval follows the latest update to the provisions on new drug importation which allows drugs that have been approved in one or more specified jurisdictions to be authorized for use in Macau.
WEI

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05:14 EST Weidai regains compliance with NYSE - Weidai announced that it has regained compliance with the New York Stock Exchange's continued listing standard for share prices, after it received a letter from the NYSE dated August 31, 2021.
XPEV

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05:09 EST XPeng reports February deliveries of 6,225 vehicles, up 180% - XPeng announced its vehicle delivery results for February. XPeng delivered 6,225 Smart EVs in February, representing a 180% increase year-over-year. The February deliveries consisted of 3,537 P7 smart sports sedans, representing a 151% year-over-year increase. A total of 2,059 P5 smart family sedans were delivered in February, bringing cumulative deliveries of the P5 to 13,953 since its launch in September 2021. Also 629 G3 & G3i smart compact SUVs were delivered in February. The technology upgrade at the Zhaoqing plant during the Chinese New Year holiday from late January to early February has been completed. Production at the Zhaoqing plant resumed in mid-February as planned. The upgrade enables the company to accelerate delivery of its significant order backlog in hand.