Stockwinners Market Radar for March 26, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SRE

Hot Stocks

18:05 EDT Sempra Energy issues statement on European energy security - Sempra issued the following statement in response to the Joint Statement between the United States and the European Commission on European Energy Security: "We applaud today's announcement by President Biden and European Union President Von der Leyen on the establishment of a Task Force on Energy Security. Sempra stands with our European allies as they pursue their energy security and sustainability objectives, and we look forward to collaborating with the U.S. Administration to expeditiously bring more LNG to market," said Jeffrey Martin, chairman and CEO of Sempra.
OIIM

Hot Stocks

17:33 EDT O2Micro hires financial advisor, legal counsel to assist Special Committee - O2Micro announced that the special committee of the company's board of directors has retained Needham & Company as its independent financial advisor and Skadden, Arps, Slate, Meagher & Flom as its independent U.S. legal counsel to assist the Special Committee in its evaluation and consideration of the previously announced preliminary non-binding proposal letter, dated March 14, from FNOF Precious Honour Limited.
MNMD

Hot Stocks

17:31 EDT MindMed CFO David Guebert to retire on March 31 - Mind Medicine announced that its CFO, David Guebert, will be retiring from his position on March 31. MindMed has retained an executive search firm to assist the company's Board of Directors in identifying a new CFO with expertise and experience in the U.S. biotech market.
IVZ

Hot Stocks

17:24 EDT Trian reports 10.53% stake in Invesco - The filing allows for activism.
EMBC...

Hot Stocks

17:22 EDT Embecta to replace Barnes & Noble Education in S&P 600 at open on 4/4 - Becton Dickinson (BDX) is spinning off Embecta (EMBC) in a transaction expected to be completed on April 1. Post spin-off, Becton Dickinson will remain in the S&P 500. Barnes & Noble Education is no longer representative of the small-cap market space.
OXM

Hot Stocks

17:21 EDT Oxford Industries promotes Scott Grassmyer to COO - Oxford Industries announced that Scott Grassmyer, the company's executive VP and CFO, has been promoted to the additional role of COO. Grassmyer is a Certified Public Accountant with over 30 years of financial experience in both the public accounting and industry sectors.
SONO GTLS

Hot Stocks

17:20 EDT Sonos to replace Chart Industries in S&P 600 at open on 3/30
BAESY

Hot Stocks

17:19 EDT BAE Systems awarded $173.59M Marines contract modification - BAE Systems was awarded a $173.59M firm-fixed-price modification to a previously awarded contract for Amphibious Combat Vehicles, or ACV. The total cumulative face value of the contract is $1.73B. This contract modification provides for the exercise of options for the procurement of 36 full rate production ACVs and associated production, and fielding and support costs. Work is expected to be complete by March 2024. FY22 procurement funds in the amount of $173.59M will be obligated at the time of award, and will not expire at the end of the current fiscal year. Marine Corps Systems Command is the contracting activity.
GTLS CONE

Hot Stocks

17:19 EDT Chart Industries to replace CyrusOne in S&P 400 at open on 3/30 - Global Infrastructure Partners acquired CyrusOne in a deal that closed March 25.
ADPT

Hot Stocks

17:04 EDT Adaptive Biotechnologies Chief Medical Officer, Lance Baldo, resigns - Lance Baldo resigned as Chief Medical Officer of Adaptive Biotechnologies, effective March 25, to pursue a new opportunity. Dr. Baldo stated that he does not have any disagreement with the company, its management, its board of directors or any committee thereof on any matter.
T

Hot Stocks

16:50 EDT Two-way trading for AT&T stock expected to begin on April 4 - AT&T has been advised by the New York Stock Exchange that beginning on the trading day immediately prior to the April 5 record date for the spin-off distribution (currently April 4) and continuing through the close of trading on the business day before the closing date of the merger,1 there will be two markets in AT&T common stock on the NYSE: a "regular way" market and an "ex-distribution" market. During this period of two-way trading in AT&T common stock, there will also be a market on the Nasdaq for WBD common stock on a "when issued" basis. The trading options that will be available during the two-way trading period are: AT&T Regular Way Trading: If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the regular way market under AT&T's NYSE symbol, "T," the shareholder will be selling both the share of AT&T common stock and the right to receive shares of WBD common stock in the transaction. AT&T Ex-distribution Trading: If, during the period of two-way trading, an AT&T shareholder sells a share of AT&T common stock in the ex-distribution market under the temporary NYSE symbol "T WI," the AT&T shareholder will be selling only a share of AT&T common stock and will retain the right to receive shares of WBD common stock in the transaction. WBDWV Trading: During the two-way trading period, an AT&T shareholder also has the option of selling the right to receive shares of WBD common stock while retaining shares of AT&T common stock. This option will be available under the temporary Nasdaq symbol "WBDWV." Trades under the symbols "T WI" and "WBDWV" will settle after the closing date of the WarnerMedia-Discovery transaction. If the transaction is not completed, all trades made under these temporary symbols will be cancelled.
VIR

Hot Stocks

16:47 EDT Vir Biotechnology gives additional information on sotrovimab EUA amendment - In a regulatory filing in connection with the announcement the FDA amended the EEUA for sotrovimab, Vir Biotechnology provided the following additional information: The company still expects to recognize approximately $1.1B of sotrovimab collaboration revenues when sotrovimab doses are delivered in the first half of 2022; The company and GSK still expect to manufacture approximately 2M doses in the first half of 2022 and additional doses in the second half of 2022; The company and GSK still plan to submit a Biologics License Application for sotrovimab to the FDA in the second half of 2022; The company and GSK still expect to commence two Phase 3 trials in Q2 of 2022 to assess the use of sotrovimab in uninfected immunocompromised patients to determine whether sotrovimab can prevent symptomatic COVID-19 infection. The analysis of the primary endpoint of COMET-STAR will be event driven, and is still expected to be as early as the second half of 2022; The company still expects initial data from the Randomized Evaluation of COVID-19 Therapy Trial, which is evaluating sotrovimab among patients hospitalized with COVID-19 in the United Kingdom, in the second half of 2022; The company still expects additional data from the United Kingdom's National Health Service-supported AGILE initiative evaluating VIR-7832, an investigational dual-action SARS-CoV-2 monoclonal antibody, in a Phase 1b/2a trial of adults with mild-to-moderate COVID-19 in the first half of 2022.
T

Hot Stocks

16:46 EDT AT&T declares Q2 dividend of 27.75c per share - With the close of the pending WarnerMedia transaction expected in April, the AT&T board of directors also declared a second quarter dividend of 27.75c per share on the company's common stock. While future dividends remain subject to board approval, this amount is consistent with AT&T's previous announcement that the board had approved an expected post-close annual common dividend of $1.11 per share. Payable on May 2 to shareholders of record of the respective shares at the close of business on April 14.
T...

Hot Stocks

16:45 EDT AT&T declares stock dividend to effect WarnerMedia spin-off - AT&T (T) announced that it has declared a stock dividend to effect the spin-off of 100% of AT&T's interest in WarnerMedia to AT&T's shareholders. The record date for the stock dividend is the close of business on April 5. This stock dividend is in connection with the previously announced transaction to combine AT&T's WarnerMedia business with Discovery (DISCA, DISCB). On the closing date of the transaction, anticipated to be in April, AT&T shareholders will receive, on a tax-free basis, an estimated 0.24 shares of stock in Warner Bros. Discovery, for each share of AT&T common stock. AT&T shareholders as of the stock dividend record date will be entitled to receive shares of WarnerMedia Spinco common stock, representing 100% of AT&T's interest in WarnerMedia. Immediately following this spin-off, the WarnerMedia Spinco shares will be exchanged for stock representing approximately 71% of the new WBD on a fully diluted basis. The exact number of shares of WBD common stock to be received by AT&T shareholders for each AT&T common share will be determined immediately before the closing based on the number of shares of AT&T common stock outstanding and the number of shares of Discovery common stock outstanding on an as-converted and as-exercised basis. The timing of the spin-off is subject to the satisfaction or waiver of the closing conditions for the transaction. If certain closing conditions are not satisfied or waived in advance of April 5, AT&T may elect to change the stock dividend record date to a later date. AT&T shareholders do not need to take any action. Their WarnerMedia Spinco shares will automatically be exchanged for WBD common stock in the merger, which will occur on the closing date of the transaction. Following close of the transaction, AT&T shareholders will continue to hold, along with their new shares of WBD common stock, the same number of shares of AT&T common stock they held immediately prior to close. After close, investors should expect that AT&T's share price will adjust to reflect the transfer of the WarnerMedia business to the newly formed Warner Bros. Discovery entity.
EXPR BIG

Hot Stocks

16:33 EDT Express appoints Jason Judd as CFO - Express (EXPR) announced the appointment of Jason Judd as the company's senior VP and CFO, effective April 4. Judd joins Express from Big Lots (BIG) where he served as SVP, corporate finance and treasurer since October 2019.
BRC HON

Hot Stocks

16:31 EDT Brady secures license to Honeywell global shutter barcode technology - Brady (BRC) announced that it has entered into a multi-year agreement with Honeywell (HON) to license Honeywell patented technology related to the use of its global shutter technology in barcode scanning devices. Under terms of the license, Brady has agreed to pay an annual royalty to Honeywell to license Honeywell patents that cover global shutter technology in barcode scanners.
OKTA

Hot Stocks

16:16 EDT Okta does not consider January cyber incident 'to be material' - In a regulatory filing, the company stated, "On March 21, 2022, a cybercrime group published a number of screenshots online that were taken from a computer used by a customer support engineer employed by a third-party vendor that supplies customer support services to Okta, Inc. The company has determined that the screenshots are related to an incident experienced by the vendor in January 2022. The vendor engaged a leading forensic firm to perform an investigation of the incident and has since advised the company that the incident is not ongoing and has been remediated. Based on the findings of the vendor's forensic firm, in the January 2022 incident, there was a five-day window of time between January 16-21, 2022 when the cybercrime group had access to the vendor environment, which the company also has validated with its own analysis. The company has determined that the maximum potential impact is 366 (approximately 2.5% of) customers whose Okta tenant was accessed by the vendor during the five-day window. The potential impact to the company's customers is limited to the access that the vendor support engineers have in connection with their role. These support engineers are unable to create or delete users, download customer databases, or access the company's source code repositories. Support engineers are able to facilitate the resetting of passwords and multi-factor authentication factors for users, but are unable to obtain those passwords. The company's service is fully operational. The company does not consider the incident to be material. The company continues to investigate the incident and is in ongoing communication with its customers about the incident. On March 22, 2022 and March 23, 2022, the company issued blog posts announcing details relating to the foregoing incident, and will continue to post blog updates as warranted."
VIR GSK

Hot Stocks

16:07 EDT Vir Biotechnology, GlaxoSmithKline: FDA amends EUA Fact Sheet for sotrovimab - GlaxoSmithKline (GSK) and Vir Biotechnology (VIR) announced that the U.S. FDA has amended the Emergency Use Authorization Fact Sheet for sotrovimab, an investigational monoclonal antibody. The FDA has determined that, based on the totality of available evidence, including new live virus data generated by Vir, it is unlikely that the sotrovimab 500 mg dose will be effective against the Omicron BA.2 variant. GSK and Vir are preparing a package of data in support of a higher dose of sotrovimab for the Omicron BA.2 subvariant and will be sharing these data with regulatory and health authorities around the world for discussion. The FDA has updated its website to exclude sotrovimab use in geographic regions where infection is likely to have been caused by a non-susceptible SARS-CoV-2 variant based on available information, including variant susceptibility to these drugs and regional variant frequency. The FDA will continue to monitor the prevalence of circulating variants and update its website accordingly.
GSK VIR

Hot Stocks

15:53 EDT FDA limits use of Sotrovimab to treat COVID-19 in some U.S. regions due to BA.2 - The U.S. Food and Drug Administration is continually monitoring how authorized and approved treatments for COVID-19 are affected by changing variants-currently Omicron and the Omicron sub-variants, such as BA.2. Today, considering the most recent data available, FDA is announcing that sotrovimab is no longer authorized for use at this time in the following states and territories: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont, New Jersey, New York, Puerto Rico, and the Virgin Islands. New data included in the health care provider fact sheet shows that the authorized dose of sotrovimab is unlikely to be effective against the BA.2 sub-variant. Based on Centers for Disease Control and Prevention Nowcast data, the BA.2 sub-variant is estimated to account for more than 50% of cases in the states and territories in Regions 1 and 2 listed above as of March 19, FDA stated. Sotrovimab, sold under the brand name Xevudy, is a human neutralizing monoclonal antibody with activity against severe acute respiratory syndrome coronavirus 2, known as SARS-CoV-2, that was developed by GlaxoSmithKline (GSK) and Vir Biotechnology (VIR). Reference Link
BDRBF

Hot Stocks

15:35 EDT Bombardier to seek authorization for share consolidations from shareholders - Bombardier issued its Notice of Annual and Special Meeting of Shareholders to be held on May 5 at 10:30 a.m. EDT, which will include a special resolution authorizing the corporation to amend its Restated Articles of Incorporation to effect, at the discretion of the board of directors, a consolidation of Bombardier Class A shares and a consolidation of Class B shares. The share consolidations would be carried out in a ratio of between ten-for-one and thirty-for-one, with the exact ratio to be determined by the board of directors of the corporation at a later date. "This is another step in Bombardier's journey to be a more streamlined and stronger business jet company focused on creating value for all of its stakeholders. A share consolidation is a logical and beneficial step in this transformation, with the potential to provide additional trading liquidity to investors," said Eric Martel, President and CEO of Bombardier.
SNY REGN

Hot Stocks

15:24 EDT Sanofi says Libtayo now approved in Canada for fourth indication - Sanofi-aventis Canada (SNY) announced the approval of Libtayo for the treatment of adult patients with cervical cancer who have progressed on or after prior platinum-based chemotherapy and who require additional systemic therapy to treat recurrent or metastatic disease. With today's announcement, Libtayo is now approved as an immunotherapy option for four advanced cancers, the company stated. Mark Surka, Ph.D, Oncology Medical Head, Sanofi Canada, said: "While rates of cervical cancer in Canada are thankfully decliningii, due in large part to the effectiveness of the HPV vaccine in preventing cervical pre-cancers from forming, Canada still sees 1400 women diagnosed with this disease every year and who need treatment options. We're proud to have brought Libtayo to approval for the women who are diagnosed with recurrent or metastatic cervical cancer, and the healthcare professionals who treat them." Libtayo is being jointly developed by Sanofi and Regeneron (REGN) under a global collaboration agreement.
BKR

Hot Stocks

13:01 EDT Baker Hughes reports U.S. rig count up 7 to 670 rigs - Baker Hughes reports that the U.S. rig count is up 7 from last week to 670 with oil rigs up 7 to 531, gas rigs unchanged at 137, and miscellaneous rigs unchanged at 2. The U.S. Rig Count is up 253 rigs from last year's count of 417 with oil rigs up 207, gas rigs up 45 and miscellaneous up 1. The U.S. Offshore Rig Count is up 2 to 14, up 2 year-over-year. The Canada Rig Count is down 36 from last week to 140, with oil rigs down 27 to 76, gas rigs down 9 to 64. The Canada Rig Count is up 59 rigs from last year's count of 81, with oil rigs up 45, gas rigs up 14.
BKR

Hot Stocks

13:00 EDT Baker Hughes reports U.S. rig count up 7 to 670 rigs
MTCH

Hot Stocks

12:23 EDT Texas judge grants Match Group motion to dismiss $844M FTC claim - U.S. District Judge Ed Kinkeade granted defendant Match Group's Motion to Dismiss as to the claim for equitable monetary relief so the company won't have to pay $844M sought by the Federal Trade Commission and dismissed most of the rest of the 2019 lawsuit brought by regulators, who accused the online dating-app of defrauding customers by failing to screen out fake accounts and messages. Kinkeade ruled that the Communications Decency Act protects Match as an online publisher, according to an order posted to the site of the U.S. District Court, Northern District of Texas, Dallas Division.
WFC

Hot Stocks

12:21 EDT Wells Fargo 'welcomes' release of PAVE Action Plan - Wells Fargo & Company issued a statement regarding the Interagency Task Force on Property Appraisal and Valuation Equity, or PAVE, Action Plan issued Wednesday. "Wells Fargo welcomes the release of the PAVE Action Plan and commends the Task Force's work," said Mike Weinbach, head of Wells Fargo Consumer Lending. "Homeownership is a pillar of wealth building, and ensuring the credibility of property appraisals and valuations is of critical importance to our customers and communities. Wells Fargo has reviewed the report and has initiatives underway that support its recommendations, such as our apprenticeship program to expand the pipeline of diverse appraisers. Wells Fargo is pleased to assist in socializing and implementing the recommended initiatives to eliminate discrimination in the appraisal process and improve valuation accuracy."
AXAHY

Hot Stocks

12:20 EDT AXA has stopped underwriting new insurance business in Russia - AXA said in a statement: "Since the start of Russia's invasion of Ukraine, AXA has fully enforced all international sanctions. We have also stopped underwriting new insurance business (and stopped all renewals) with respect to Russian owned assets located in Russia. We have stopped underwriting new reinsurance (and stopped all reinsurance renewals) of Russian insurers. We have stopped all new investments in Russian assets. With respect to AXA's minority financial investment in Reso Garantia, a Russian insurance company, AXA has no operational or management control over this company and has decided to remove its directors from the Board. As an organization with a tradition of human solidarity, AXA has also taken several initiatives to support the humanitarian crisis triggered by the war: we have announced a donation of EUR 6 million to NGOs working in Ukraine and the neighboring countries to support civil populations and refugees. AXA Hearts in Action, AXA's global philanthropic employee volunteering initiative has initiated multiple local projects which will be supported by a Group donation. AXA is actively exploring how it can further help Ukrainian refugees." Reference Link
DIDI

Hot Stocks

12:00 EDT Didi falls -13.4% - Didi is down -13.4%, or -51c to $3.29.
ONL

Hot Stocks

12:00 EDT Orion Office REIT falls -16.4% - Orion Office REIT is down -16.4%, or -$2.95 to $15.03.
ENFN

Hot Stocks

12:00 EDT Enfusion falls -22.6% - Enfusion is down -22.6%, or -$3.44 to $11.79.
JOBY

Hot Stocks

12:00 EDT Joby Aviation rises 19.1% - Joby Aviation is up 19.1%, or $1.02 to $6.35.
HMLP

Hot Stocks

12:00 EDT Hoegh LNG Partners rises 20.4% - Hoegh LNG Partners is up 20.4%, or $1.12 to $6.60.
FRGE

Hot Stocks

12:00 EDT Forge Global rises 28.1% - Forge Global is up 28.1%, or $3.50 to $15.95.
THO

Hot Stocks

11:27 EDT Thor Industries appoints McKay Featherstone as SVP, global innovation - THOR Industries announced the hiring of McKay Featherstone, currently Airstream's VP of Product Development and Engineering, as the company's SVP of Global Innovation. Josef Hjelmaker, who currently serves as the company's Chief Innovation Officer since September of 2020, has begun transitioning his duties to Featherstone, and will provide continuous advice for a seamless transition and execution.
LCFY

Hot Stocks

11:15 EDT Locafy opens at $3.34 per share, IPO priced at $4.125 per unit - Australian Software-as-a-Service company Locafy Limited priced its initial public offering of units at a public offering price of $4.125 per unit. Each unit is comprised of one ordinary share and one warrant to purchase one ordinary share at an exercise price of $4.125 per ordinary share with a term of five years. H.C. Wainwright is acting as sole book-running manager for the offering. Locafy Limited is focused on commercializing its Software-as-a-Service, or SaaS, online publishing technology platform. Locafy (LCFY) shares opened at $3.34 and Locafy warrants (LCFYW) opened at 60c.
JCS

Hot Stocks

10:29 EDT Communications Systems' shareholders approve Pineapple Energy merger - Communications Systems announced that CSI shareholders approved Proposal #1, the proposal to approve the merger transaction with Pineapple Energy, at the reconvened special meeting of CSI shareholders that was held on March 25, 2022 at 9 a.m. CT. CSI also announced that the merger transaction with Pineapple is expected to close on Monday, March 28, 2022. Assuming that closing date: CSI shareholders of record as of the close of business on Friday, March 25, 2022 will receive one contractual non-transferable Contingent Value Right per share of CSI common stock held, which will entitle the CVR holder to a portion of the proceeds of dispositions of CSI's pre-merger assets after the effective time of the merger. CSI will change its corporate name to "Pineapple Holdings, Inc." on the closing date. Pineapple Holdings, Inc. common stock will begin to trade on the Nasdaq Capital Market under the new symbol "PEGY" as of the opening of the stock market on Tuesday, March 29, 2022.
HUN

Hot Stocks

10:23 EDT Huntsman says all company director nominees elected to board - Huntsman Corporation announced, based on preliminary vote results provided by its proxy solicitor following the company's 2022 Annual Meeting of Stockholders, that Huntsman shareholders have voted to elect all 10 of its director nominees - Peter R. Huntsman, Dr. Mary C. Beckerle, Sonia Dula, Cynthia L. Egan, Curtis E. Espeland, Daniele Ferrari, Jeanne McGovern, Jose Munoz, David B. Sewell and Jan E. Tighe - to the company's board of directors. Peter Huntsman, Chairman, President and CEO, commented: "We appreciate the dialogue that we've had with a significant number of our shareholders during this campaign - including almost all of our 100 largest shareholders - and want to thank all of our shareholders for the feedback they provided. Over the past few years, we transformed our product portfolio to focus on 'value over volume' and fully deleveraged our balance sheet, earning an investment grade rating. The outcome of today's shareholder vote is validation of our portfolio strategy and recognition that the Huntsman of today is vastly different than the Huntsman of five years ago." With regard to Starboard more specifically, Huntsman stated: "While we had our differences with Starboard on the key issue of Board composition, we appreciated the constructive dialogue we had with them on that topic as well as several other business matters since their initial investment and look forward to continued engagement with Starboard as a significant investor in Huntsman."
BPMC

Hot Stocks

10:17 EDT Blueprint Medicines' AYVAKYT receives EC approval for expanded indication - Blueprint Medicines Corporation announced that the European Commission has expanded the current indication for AYVAKYT to include monotherapy for the treatment of adult patients with aggressive systemic mastocytosis, systemic mastocytosis with an associated hematological neoplasm or mast cell leukemia, after at least one systemic therapy. In Europe, Blueprint Medicines plans to initiate its first commercial launch in Germany following the EC approval, and the timing of AYVAKYT commercial availability will vary for other countries based on local reimbursement and access pathways. AYVAKYT will be available in 25 mg, 50 mg, 100mg and 200mg dose strengths, and the recommended starting dose in advanced SM is 200 mg once daily. The EC decision follows the positive opinion by the Committee for Medicinal Products for Human Use and is based on results from the Phase 1 EXPLORER trial and Phase 2 PATHFINDER trial, in which AYVAKYT showed durable clinical efficacy in advanced SM patients across all disease subtypes after at least one systemic therapy and a generally well-tolerated safety profile.
TGI LMT

Hot Stocks

10:08 EDT Triumph Group announces multi-year contract with Sikorsky - Triumph Group (TGI) announced that its Actuation Products & Services operating company has secured a multi-year contract with Sikorsky, a Lockheed Martin Company (LMT), to produce equipment for the Sikorsky CH-53K helicopter. "Triumph will provide all equipment for the Main Rotor Blade Folding System, Main Rotor Lag Damper System and Main Rotor Brake System. This strategic follow-on contract will contribute significant work for Triumph's Seattle location, the company's focal point for innovation. Sikorsky is ramping production to deliver 200 aircraft under the CH-53K program of record. With this multi-year contract, Triumph will provide continuous and increasing equipment deliveries through the production ramp up," Triumph stated.
AMPS

Hot Stocks

10:00 EDT Altus Power falls -10.4% - Altus Power is down -10.4%, or -81c to $6.99.
ONL

Hot Stocks

10:00 EDT Orion Office REIT falls -17.7% - Orion Office REIT is down -17.7%, or -$3.18 to $14.80.
ENFN

Hot Stocks

10:00 EDT Enfusion falls -18.1% - Enfusion is down -18.1%, or -$2.76 to $12.46.
FRGE

Hot Stocks

10:00 EDT Forge Global rises 8.1% - Forge Global is up 8.1%, or $1.01 to $13.46.
HMLP

Hot Stocks

10:00 EDT Hoegh LNG Partners rises 8.6% - Hoegh LNG Partners is up 8.6%, or 47c to $5.95.
JOBY

Hot Stocks

10:00 EDT Joby Aviation rises 15.2% - Joby Aviation is up 15.2%, or 81c to $6.14.
FRGE

Hot Stocks

09:55 EDT Motive Capital Corp trading resumes
HUN

Hot Stocks

09:55 EDT Starboard Value 'disappointed' by results of Huntsman election - Starboard Value, one of the largest shareholders of Huntsman, with an ownership interest of approximately 8.8% of the Company's outstanding shares, announced that it has delivered an open letter to Huntsman shareholders. The letter read in part, "While we are disappointed by the results of this election, we appreciate the significant number of shareholders that voted for change. In fact, based on preliminary results, it appears as though less than 50% of the shares outstanding supported the Company's contested nominees. We hope that the Board recognizes that this clearly shows that shareholders not only expect management to fulfill its promises, but also expect the Board to hold management accountable for these promises. Since our involvement with Huntsman, the Company has made a series of new promises to shareholders, including: Promise to generate at least $1.4B in Adjusted EBITDA in 2022 with Adjusted EBITDA margins of approximately 17%. Promise to maintain an Adjusted EBITDA to Free Cash Flow conversion of at least 40% beginning in 2022. Promise to achieve the following segment-level Adjusted EBITDA margins by 2024: Polyurethanes: 18 - 20%; Performance Products: 20 - 25%; Advanced Materials: 20 - 25%; Textile Effects: 13 - 15%. We would note that any manipulation of corporate expense allocation in order to meet the above segment-level Adjusted EBITDA margin targets would not constitute fulfillment of the Company's promise. Promise to achieve total Company Adjusted EBITDA margins of 18 - 20% by 2024. We would note that if the Company sells Textile Effects, it would equate to an estimated pro forma Adjusted EBITDA margin target of approximately 19 - 21%. Promise to complete a $1B share repurchase program within the next two years; Promise to eschew large acquisitions and spend less than $500M on any single transaction. Promise to conduct a strategic review of the Textile Effects business. Promise to align 100% of the Company's incentive cash bonus program to the achievement of the Adjusted EBITDA margin, optimization program, and free cash flow targets set out at the 2021 Investor Day. Promise to have 70% of equity-based compensation tied to achievement of three-year relative TSR goals and two-year corporate free cash flow targets. We expect Huntsman's management team, the Board, research analysts, and shareholders to keep these specific promises as a checklist for accountability. We also expect the Company to understand that shareholders deserve to see Huntsman transformed into a company that executes with excellence. While we may not be on the Board, rest assured that we will be watching with great interest."
FRGE

Hot Stocks

09:49 EDT Motive Capital Corp trading halted, volatility trading pause
DIDI

Hot Stocks

09:47 EDT Didi falls -7.9% - Didi is down -7.9%, or -30c to $3.50.
ENFN

Hot Stocks

09:47 EDT Enfusion falls -12.1% - Enfusion is down -12.1%, or -$1.84 to $13.38.
ONL

Hot Stocks

09:47 EDT Orion Office REIT falls -17.0% - Orion Office REIT is down -17.0%, or -$3.05 to $14.93.
HMLP

Hot Stocks

09:47 EDT Hoegh LNG Partners rises 6.6% - Hoegh LNG Partners is up 6.6%, or 36c to $5.84.
MJ

Hot Stocks

09:47 EDT ETFMG Alternative Harvest ETF rises 6.9% - ETFMG Alternative Harvest ETF is up 6.9%, or 73c to $11.29.
JOBY

Hot Stocks

09:47 EDT Joby Aviation rises 7.1% - Joby Aviation is up 7.1%, or 38c to $5.71.
BGNE

Hot Stocks

09:40 EDT BeiGene reports selection of new independent registered public accounting firm - In a regulatory filing earlier, BeiGene said that the Audit Committee of the board of directors of BeiGene conducted a review process to consider the selection of the company's independent registered public accounting firm for the audits of the company's financial statements and internal control over financial reporting as of and for the fiscal year ending December 31, 2022 to be filed with the U.S. Securities and Exchange Commission. Ernst & Young Hua Ming LLP, located in Beijing, People's Republic of China, has served as the company's independent registered public accounting firm since 2014. On March 23, following the Audit Committee's review process, Ernst & Young Hua Ming LLP resigned as the company's independent registered public accounting firm. Also on March 23, following the Audit Committee's review process and the resignation of Ernst & Young Hua Ming LLP, the Audit Committee approved the engagement of Ernst & Young LLP, located in Boston, Massachusetts, United States, as the company's independent registered public accounting firm for the audits of the company's financial statements and internal control over financial reporting for the fiscal year ending December 31, 2022 to be filed with the SEC and entered into an engagement letter with the firm.
ASTS ORAN

Hot Stocks

09:32 EDT AST SpaceMobile, Orange enter MOU to examine SpaceMobile service in Africa - AST SpaceMobile (ASTS) announced a non-binding memorandum of understanding, or MoU, with Orange (ORAN). The joint effort would examine the opportunity for Orange to test the SpaceMobile service in one African country, following AST SpaceMobile's planned launch of BlueWalker 3, its test satellite with an aperture of 693 square feet that's designed to communicate directly with cell phones via 3GPP standard frequencies. It also paves the way for the two companies to discuss a potential agreement to serve Orange subscribers through AST SpaceMobile's planned network of BlueBird satellites.
MSRTD GWAV

Hot Stocks

09:13 EDT Greenwave Technology to begin trading under GWAV - Greenwave Technology Solutions is pleased to report that it will begin trading under the ticker "GWAV" at market open on March 25, 2022. Greenwave, through its subsidiary Empire Services, currently operates 11 metal scrap facilities in Virginia and North Carolina.
QUOT

Hot Stocks

09:12 EDT Engaged Capital reaffirms commitment to nominees for Quotient board - Engaged Capital, the beneficial owner of approximately 6.4% of the outstanding shares of Quotient Technology Iand an economic owner of approximately 9.8% of the outstanding shares, commented on the recent disclosures by the Company and reaffirmed its commitment to seeking the election of Christopher Hetrick and Matthew O'Grady to the Company's Board of Directors at QUOT's upcoming 2022 annual meeting of stockholders. Glenn Welling, Founder and Chief Investment Officer of Engaged Capital, said, "We believe that yesterday's announcement is nothing more than a defensive tactic to present stockholders with the illusion of meaningful change. In reality, all the Board has done is shuffle leadership around with the intent to further entrench incumbent directors and management. This same leadership structure has presided over QUOT's staggering underperformance and, in our view, has proven itself utterly incapable of creating any value for stockholders. The Company's Board and management team's track record is littered with a history of failures, quarter after quarter, year after year, glossed over with empty promises and a lack of accountability. We believe new blood is desperately needed inside QUOT's boardroom to prioritize stockholders' interests and yesterday's announcement does nothing to change that fact...Stockholders can easily see through the superficial 'changes' in yesterday's announcement. Apparently, a game of corporate musical chairs qualifies as 'governance enhancements' at QUOT, but the reality is that nothing has really changed. Incumbent leadership has once again shown their dedication to protecting themselves, and we are confident that other stockholders will also recognize today's announcements as simply more stockholder unfriendly actions that serve only to further entrench the incumbents, and, more specifically, ensure the continued control and influence of Steven Boal while trying to dodge a reckoning at the upcoming Annual Meeting. Accordingly, we will be moving forward with our campaign to install two new, truly independent directors to bring real change and accountability to QUOT once and for all."
FUBO

Hot Stocks

09:07 EDT FuboTV announces Henry Ahn as chief business officer - FuboTV announced that Henry Ahn has been appointed to the newly-created position of chief business officer. Effective in early April, Ahn will be based in New York City and report directly to David Gandler, co-founder and CEO. In conjunction with this appointment, Ahn will transition from his current role on FuboTV's board of directors. He joined fuboTV's board in July 2020. As chief business officer, Ahn will oversee fuboTV's content strategy and licensing as well as business development. Reporting directly to Ahn will be Ben Grad, senior vice president, content strategy and acquisition, and Len Landi, senior vice president, business development.
GLXZ

Hot Stocks

09:06 EDT Galaxy Gaming secures distribution rights for Perfect Pairs - Galaxy Gaming announced that they have reached an agreement with John Wicks, creator of Perfect Pairs, to distribute Perfect Pairs Blackjack and Perfect Pairs Baccarat on land-based table games across licensed markets globally. This agreement is an expansion on Galaxy Gaming's existing partnership with John Wicks to exclusively provide Perfect Pairs live gaming progressive jackpots on land-based table games in the United Kingdom and their continued success with Perfect Pairs in the iGaming space. "We are delighted to add these beloved side bets to our content portfolio," said Todd Cravens, President and CEO of Galaxy Gaming. "Perfect Pairs is already well-loved by operators and players, so we're thrilled to enhance the game by pairing it with our progressive system and industry-leading service."
AMGN

Hot Stocks

09:06 EDT Amgen to present new Otezla data at AAD congress - Amgen announced that new Otezla data, along with findings on the unmet need for patients with plaque psoriasis, will be presented at the American Academy of Dermatology congress in Boston, Massachusetts, March 25-29. These data presentations follow the recent U.S. FDA expanded Otezla label approval in December 2021. Amgen will present data from a Phase 2 palmoplantar pustulosis Japanese trial (PPP-001) as well as data from both the PROMINENT and ADVANCE Phase 3 studies in patients with mild to moderate plaque psoriasis. Results from the PPP-001 trial showed that apremilast demonstrated meaningful and early improvements in PPP severity, itching and pain, and that adverse events, the most common including gastrointestinal events and headache, were consistent with the known safety profile. The PROMINENT and ADVANCE studies reinforced the efficacy of apremilast in patients with mild to moderate plaque psoriasis. Additionally, results from the multinational UPLIFT survey and real-world CorEvitas' Psoriasis registry continue to highlight the ongoing impact and unmet needs in patients with mild to moderate plaque psoriasis especially those with special area involvement. Both will be shared as oral presentations on Sunday, March 27, 2022, from 10:35am - 10:40am ET and 10:25am - 10:30am ET, respectively.
DXCM

Hot Stocks

09:05 EDT DexCom announces four-for-one forward stock split - DexCom announced that its board of directors has approved a four-for-one forward split of Dexcom's common stock. The stock split is contingent upon stockholder approval of a Restated Certificate of Incorporation that would increase the number of authorized shares of common stock from 200,000,000 to 800,000,000. If stockholders approve the stock split, each share of common stock outstanding on May 19, the date of Dexcom's 2022 Annual Meeting of Stockholders, will be split into four shares of common stock. Trading is expected to begin on a split-adjusted basis on June 10.
INMB

Hot Stocks

09:05 EDT INmune Bio reviews findings from data presented at AD/PD 2022 - INmune Bio reviews findings from data presented at AD/PD 2022 - International Conference on Alzheimer's and Parkinson's diseases. The AD/PD 2022 International Conference was from March 15-20 in Barcelona, Spain. Four of the presentations focused on white matter pathology as a key biomarker of AD pathology. A presentation by Dr. Maggie Roy of IMEKA demonstrated the use of white matter pathology as a means for predicting progression from mild cognitive impairment to AD in poster O039. She concluded that white matter changes in the fornix defines patients at risk for progression from MCI to AD. Determining which MCI patient is at risk for conversion to AD may revolutionize the development of therapies for dementia. The fornix is a white matter tract that connects the hippocampus with limbic system and is believed to play a key role in cognition and episodic memory recall. INMB believes neuroinflammation plays an important role in the development and progression of neurodegeneration and synaptic dysfunction - the two key pathologies of AD. The current focus on neurodegeneration has overshadowed the importance of synaptic dysfunction in AD. Two additional INMB presentations focused on analysis of the CSF proteome in AD patients after 12 weeks of Xpro therapy. Among the key findings of those analyses were the improvements in synaptic function after Xpro therapy. At the meeting, two CSF biomarkers - Synaptotagmin-1 and Synaptosomal-associated protein 25 - were identified as indicators of synaptic degeneration. Analysis of data from the Company's Phase I study showed that XPro 1mg/kg decreases these two biomarkers at 12 weeks, an indication of decreased degeneration of synapses. Under the direction of Prof. Judith Jaeger, PhD, a neuropsychologist and internationally acknowledged expert on cognitive measurement in clinical trials, INMB is using the EMACC as the primary cognitive endpoint for its Phase II programs in AD and MCI. The EMACC was empirically derived with a team of neuropsychologists using data from four independent longitudinal cohort studies. The composite was selected for its ability to measure cognitive changes that occur in Early AD, reflecting the most relevant cognitive problems in this population. Dr. Jaeger presented on the development and validation of EMACC -- as well as the superior statistical power it affords compared with other commonly used endpoints -- in her continuing effort to educate the AD community on the use of EMACC as being an ideally suited endpoint for studies in early AD.
MSGM

Hot Stocks

09:03 EDT Motorsport Games partners with IndyCar driver Romain Grosjean - Motorsport Games announces that current IndyCar driver and former Formula One driver Romain Grosjean has joined the company as an advisor on its games and esports events, with particular focus on the rFactor 2 simulation platform. "In his role as a technical esports advisor for Motorsport Games, Grosjean will bring all of his racing experience together - both real-life and sim - to help develop the company's industry-leading rFactor 2 racing simulation," the company said. Throughout the year, Grosjean will participate in four technical test sessions for rFactor 2, allowing him to provide feedback and recommendations to implement to further enhance the platform. In addition to his help of iterating rFactor 2, Grosjean will also be available to advise on Motorsport Games' catalogue of esports events.
SRNE...

Hot Stocks

09:03 EDT Scilex enters non-binding term sheet for $5B committed equity financing facility - Scilex Holding Company, a majority-owned subsidiary of Sorrento Therapeutics (SRNE), announced that it has entered into a non-binding term sheet with B. Riley Principal Capital, a subsidiary of B. Riley Financial (RILY) for a committed equity financing facility under which it would be able to sell up to $5 billion of its registered common stock over a five-year period. The Facility would become effective in connection with the closing of the previously announced pending merger with Vickers Vantage Corp I (VCKA). Scilex would not be obligated to utilize any of the $5B facility and would be able to enter other financing transactions. No warrants will be issued in connection with the Facility. The term sheet contemplates that in connection with the closing of the merger with Vickers, Scilex would enter into definitive agreements with respect to the Facility. Scilex would be able to determine, in its sole discretion, the timing, dollar amount and floor price per share of each draw under the Facility, subject to certain conditions. Any resales of shares sold by Scilex to BRPC under the Facility will be made pursuant to a registration statement to be filed with the Securities and Exchange Commission following the closing of the merger.
AYX

Hot Stocks

09:03 EDT Alteryx announces strategic investment in Vertis - Alteryx has announced a strategic investment in Vertis, the data-driven market intelligence platform. With Vertis, enterprises can instantly visualize and analyze their employee and real estate footprint to support critical growth and culture decisions. With this investment from Alteryx Ventures, Vertis will be better positioned to scale and meet enterprise requirements and demand in the evolving talent landscape.
CRM

Hot Stocks

09:02 EDT Salesforce changes legal name to Salesforce, Inc. - Salesforce announced that, effective April 4, the company will change its legal name from salesforce.com, inc. to Salesforce, Inc. Shares of Salesforce common stock will continue to trade on the NYSE as CRM and under the same CUSIP/ISIN number.
NVEI

Hot Stocks

09:02 EDT Nuvei announces partnership with Aircash - Nuvei announces its partnership with Aircash, "the leading Croatian mobile wallet," the company said. Nuvei will power Aircash's expansion into further European countries by providing acquiring and payment gateway services, as well as over 530 alternative payment methods. "We're excited to partner with Croatia's leading mobile wallet, enabling users to quickly and safely digitize and use their cash," said Philip Fayer, Nuvei's Chair and CEO. "Our global acquiring capabilities and comprehensive alternative payment methods will help Aircash replicate achieved success in Croatia in other Central and Eastern European countries, such as Germany, Austria and Slovenia. The Aircash wallet allows users to deposit, store and use cash in a digital form. Nuvei's solution will help Aircash to expand their pay-in and payout capabilities and enable alternative payment methods across Europe.
MDWT

Hot Stocks

09:01 EDT Midwest Holding names Eric Berg as CFO - Midwest Holding announced that it has appointed Eric Berg as its new senior vice president and CFO, effective March 25. Berg brings significant experience to the job with deep expertise in investment research and insurance industry analysis, having spent 23 years on Wall Street as an equity research analyst following the insurance industry. Working at such firms as Lehman Brothers, RBC Capital Markets, and Barclays Capital, Berg was awarded the designation as an All-Star analyst by Institutional Investor magazine 15 times and served twice as an Associate Director of Research.
MRK

Hot Stocks

08:59 EDT Merck receives CHMP recommendation for Keytruda approval - Merck announced the European Medicines Agency's Committee for Medicinal Products for Human Use, or CHMP, has adopted an opinion recommending approval of Keytruda, Merck's anti-PD-1 therapy, in combination with chemotherapy, with or without bevacizumab for the treatment of persistent, recurrent or metastatic cervical cancer in adults whose tumors express PD-L1.
RHHBY

Hot Stocks

08:57 EDT Roche reports CHMP recommends EU approval of Polivy combination for DLBCL - Roche announced that the European Medicines Agency's Committee for Medicinal Products for Human Use, or CHMP, has recommended the approval of Polivy in combination with MabThera plus cyclophosphamide, doxorubicin, and prednisone for the treatment of previously untreated diffuse large B-cell lymphoma, or DLBCL. "Polivy plus R-CHP is the first treatment regimen to significantly improve outcomes in this disease in more than 20 years. A final decision regarding the approval of this Polivy combination is expected from the European Commission in the near future," the company stated.
MNTS

Hot Stocks

08:53 EDT Momentus completes TVAC testing on Vigoride vehicle - Momentus recently completed Thermal Vacuum Testing, or TVAC, on its Vigoride vehicle in preparation for its inaugural mission. Thermal vacuum testing allows for the simulation of space conditions, including the temperature and altitude that the Vigoride spacecraft will experience during its mission. Momentus conducted TVAC at its facility in Santa Clara, Calif.
IPSEY

Hot Stocks

08:50 EDT Ipsen receives CHMP recommendation for Cabometyx approval - Ipsen announced that the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency, or EMA, have recommended approval of Cabometyx as a monotherapy for the treatment of adult patients with locally advanced or metastatic differentiated thyroid carcinoma, refractory or not eligible to radioactive iodine who have progressed during or after prior systemic therapy.
PPTA...

Hot Stocks

08:47 EDT Perpetua Resources names Jessica Largent as CFO, replacing Chris Foster - Perpetua Resources (PPTA) announced that Jessica Largent will be appointed CFO, effective April 1. Largent will replace Chris Foster who has served as CFO on a contract basis since March 2021. Largent held finance leadership roles at Newmont (NEM), Turquoise Hill Resources (TRQ) and Rio Tinto (RIO) prior to joining Perpetua Resources. She has more than 15 years of mining industry experience in financial reporting, accounting, strategic planning and investor relations.
XELA

Hot Stocks

08:36 EDT Exela Technologies announces strategic investment in UBERDOC - Exela Technologies announced a strategic investment in UBERDOC. UBERDOC is a patient access and price transparency platform connecting patients to doctors for in-person and telemedicine appointments. UBERDOC plans to use the proceeds from this investment to scale its offering to patients nationwide. Exela's strategic investment in UBERDOC pairs the largest direct-pay specialist network with Exela's digital healthcare footprint along with its exchange for bills and payments, and HCM benefits administration platform, furthering the network effect of both companies. UBERDOC users will be able to submit eligible direct-pay costs to their insurance plan for reimbursement and/or application towards their deductible.
CSCW

Hot Stocks

08:35 EDT Color Star Technology creates new Singapore subsidiary - Color Star Technology recently officially announced the establishment of its Singapore subsidiary, Color Metaverse Pte. The subsidiary will be fully focused on developing its business of digital commerce and products in the metaverse. This indicates that Color Star will be furthering its development into its core businesses through specialist subsidiaries.
HLBZ

Hot Stocks

08:35 EDT Helbiz selected as public e-bike vendor for Belgrade - Helbiz has been selected as the exclusive micro-mobility public e-bike vendor for Belgrade, Serbia. The agreement is the first of its kind for Belgrade and designates Helbiz as the exclusive vendor for 15 years. The awarding of the contract follows an open call from the city for proposals that was completed this month. Following an official contract signing in the coming weeks, Helbiz will deploy at least 1,000 e-bikes and 150 parking terminals throughout the city.
HRTX

Hot Stocks

08:34 EDT Heron Therapeutics secures pass-through payment status for ZYNRELEF from CMS - Heron Therapeutics announced that the Centers for Medicare & Medicaid Services has approved transitional pass-through status for ZYNRELEF extended-release solution, which will be established for three years beginning on April 1, 2022, for separate reimbursement outside of the surgical bundle payment in the Hospital Outpatient Department setting of care. This CMS approval makes ZYNRELEF the only local anesthetic with separate reimbursement in the hospital outpatient market. CMS grants pass-through status to certain new and innovative medical devices, drugs, and biological products. Drugs that are administered in the HOPD and Ambulatory Surgical Center settings can have pass-through and be reimbursed accordingly by Medicare. By having pass-through status, ZYNRELEF will be separately reimbursed by Medicare at Average Sales Price +6% in both the HOPD and ASC settings of care. In the ASC setting, since January 1, 2022, ZYNRELEF, under C-code C9088, has been reimbursed at ASP+6% due to recent changes in Medicare non-opioid pain management drugs and biologicals payment policies. Based on third party claims data, 72% of ZYNRELEF indicated procedures were performed in the outpatient settings in 2021, with 59% in the HOPD market and 13% in the ASC setting of care.
PNT

Hot Stocks

08:34 EDT Point Biopharma expects cash to fund operations into Q1 of 2024 - As of December 31, 2021, POINT had approximately $238.8 million in cash and cash equivalents, which is anticipated to fund operations into the first quarter of 2024.
PHIL

Hot Stocks

08:33 EDT PHI Group signs strategic cooperation agreement with Mekong Delta Group - PHI Group announced that the Company has signed a Strategic Cooperation Agreement with Mekong Delta Group, a Vietnamese company, to cooperate with each other to jointly develop, finance, and execute large-scale projects in a number of key sectors in Vietnam. According to the agreement, both parties have agreed to cooperate in the following areass: real estate: hospitality projects, residential areas, industrial projects and industrial properties, energy: solar power, wind power, biogas power, and waste-to-energy programs, environment: drinking water, waste water treatment, waste management, agriculture: hi-tech agriculture cultivation for domestic consumption and export, and finance: threshold capital, equity and debt financing. Mekong Delta Group current multi-billion U.S. dollar undertakings in Vietnam include a 300-ha urban area in Bien Hoa City, Dong Nai Province; a 1,100-ha city development project in My Duc District, Hanoi; a 500-ha renewable energy project in Binh Phuoc Province, among others. The company said, "At the same time the Company has made good progress with respect to the Asia Diamond Exchange development project, the 2,700-ha industrial and logistics zone near the new Long Thanh International Airport, Dong Nai Province, the 2,000-ha Cai Mep Ha Port project, the 3,000-ha city development project in Long Dien District, the 90-ha resort and residence project in Ho Tram, Ba Ria Vung Tau Province and the 54,000-ha sorghum growing project for Empire Spirits, Inc. in Binh Phuoc province, Vietnam. During our last trip to Vietnam we also had the opportunity to visit several key leaders of the central and local governments of Vietnam and study large-scale projects in Cu Chi District, Ho Chi Minh City. Our PHILUX Global Funds and international long-term financing programs are expected to play a major role in a number of key development projects and investment opportunities in Vietnam. On another note, both KOTA group and Five-Grain Treasure Spirits have agreed to extend the closings of these acquisitions to a later date as we continue to complete the financing for these transactions."
NVAX

Hot Stocks

08:32 EDT Novavax' COVID-19 vaccine included in two booster studies - Novavax announced that NVX-CoV2373, its protein-based COVID-19 vaccine, is included in two trials now underway to evaluate its vaccine's safety, immunogenicity, and reactogenicity as a booster amidst the ongoing COVID-19 pandemic. Both studies have initiated participant enrollment and will help to extend knowledge of how a range of vaccines, including Novavax' COVID-19 vaccine, can be used as boosters following primary immunization. Novavax is participating in an ongoing Phase 1/2 trial sponsored by the National Institute of Allergy and Infectious Diseases to assess homologous and heterologous boosting regimens in participants who received a primary series of a COVID-19 vaccine which has received full approval or Emergency Use Authorization from the U.S. FDA. Participants will be given a third dose (greater than 12 weeks later) of either NVX-CoV2373 or one of the three COVID-19 vaccines that have already received EUA or full authorization from the FDA. The study is enrolling approximately 1,130 healthy individuals aged 18 years or older, about 180 of whom will receive NVX-CoV2373 as a heterologous booster. The trial is being conducted at approximately 10 clinical research sites and its primary objectives are to evaluate safety, reactogenicity, and immunogenicity of delayed heterologous or homologous vaccine doses after EUA dosed vaccines. Participants will be followed for 12 months, with topline results expected later this year and full results expected in 2023. Novavax' COVID-19 vaccine is also being evaluated in an observer-blinded Phase 3 study in the United Arab Emirates (UAE) to assess homologous versus heterologous boosting of participants who have already been immunized with Sinopharm's COVID-19 vaccine. The safety and immunogenicity of a single booster dose of Novavax' COVID-19 vaccine in adults previously vaccinated with Sinopharm's COVID-19 vaccine will be evaluated. The study is enrolling approximately 1,000 participants aged 18 years or older at two centers in Abu Dhabi with the goal of providing data to support boosting with NVX-CoV2373 in the large number of individuals who have been vaccinated with inactivated vaccines globally. Participants will be followed for six months, with full results expected during the fourth quarter of 2022. The Ministry of Health and Prevention approved NVX-CoV2373 for emergency use in the UAE in December.
INCY

Hot Stocks

08:32 EDT Incyte receives CHMP recommendation for ruxolitinib - Incyte announced that the European Medicines Agency's Committee for Medicinal Products for Human Use, or CHMP, has issued am opinion recommending approval of ruxolitinib for the treatment of patients aged 12 years and older with acute graft-versus-host disease or chronic graft-versus-host disease, or GVHD, and who have inadequate response to corticosteroids or other systemic therapies. If approved, ruxolitinib will be the first JAK1/2 inhibitor available for patients with GVHD in Europe.
VSCO

Hot Stocks

08:31 EDT Victoria's Secret acquires minority interest in Frankies Bikinis for $18M - Victoria's Secret & Co. announced its acquisition of a minority interest in Frankies Bikinis, a women-founded and women-led beachwear and lifestyle brand located in Venice, California. The company said, "Frankies Bikinis was founded in 2012 by then 17-year-old Francesca Aiello and her mother, Mimi Aiello. The brand is widely known and recognized for its innovative, inclusive, and trend-setting aesthetic and laid-back Malibu vibe." The Company invested $18M for a minority interest and does not anticipate that this investment will have a material impact on the previously communicated first quarter 2022 outlook.
BBBY

Hot Stocks

08:26 EDT Bed Bath & Beyond jumps 9% to $24.15 after cooperation pact with Ryan Cohen
NVS

Hot Stocks

08:25 EDT Novartis announces positive CHMP opinion for Jakavi for GvHD - Novartis announced the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency has adopted a positive opinion recommending approval of Jakavi for the treatment of patients aged 12 years and older with acute graft versus host disease or chronic graft versus host disease, or GvHD, who have inadequate response to corticosteroids or other systemic therapies. "If approved, Jakavi will be the first JAK1/2 inhibitor available for patients with GvHD in Europe," the company said.
NVS

Hot Stocks

08:21 EDT Novartis announces positive CHMP opinion for Kymriah for r/r follicular lymphoma - Novartis announced that the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency adopted a positive opinion recommending the European Commission to approve Kymriah, a CAR-T cell therapy, for the treatment of adult patients with relapsed or refractory follicular lymphoma after two or more lines of systemic therapy. If approved, r/r FL would be the third indication for which Kymriah is available to patients in the European Union. Kymriah is currently approved for the treatment of pediatric and young adult patients up to and including 25 years of age with B cell acute lymphoblastic leukemia, or ALL, that is refractory, in relapse post transplant or in second or later relapse, and adult patients with r/r diffuse large B cell lymphoma, or DLBCL, after two or more lines of systemic therapy.
METC

Hot Stocks

08:11 EDT Ramaco Resources' free public stock float increases to 50% from 34% - The company stated, "Ramaco Resources announced that it was notified by Energy Capital Partners Mezzanine Opportunities Fund, LP, Energy Capital Partners Mezzanine Opportunities Fund A, LP and ECP Mezzanine B, LP that yesterday ECP filed a Form 4 with the Securities and Exchange Commission stating it has now completed its distribution of approximately 5.5 million shares of common stock, par value $0.01 per share, of the company. This is consistent with the company's expectation as laid out in our January 3, 2022 press release announcing the resignation of two ECP senior members from our Board of Directors. We have also been advised that Yorktown Energy Partners IX, L.P. made a distribution of approximately 1.35 million shares of Common Stock owned by various Yorktown partnerships on March 3, 2022 to their limited partners. As a result of the distributions referenced above, the free float of our Common Stock has now effectively increased from 34% as of December 31, 2021 to 50% as of the date of this filing."
GMSQF

Hot Stocks

08:11 EDT Gamesquare Esports says Dennis Lepore joins Complexity as official creator - Gamesquare Esports and Complexity Gaming announced that Dennis "Cloakzy" Lepore, a leading Battle Royale content creator and former professional Fortnite competitor, has joined the Complexity as an official creator and part owner. The addition of Cloakzy strengthens Complexity's portfolio of talent, which includes top gaming personality Tim "TimTheTatman" Betar and expands the organization's fandom to new audiences. In partnership with Complexity and GameSquare, Cloakzy will host events, produce branded content, create limited-edition merchandise, and collaborate on unique experiences with Complexity Stars athletes and Complexity's roster of competitive players and streamers. With the addition of Cloakzy, Complexity's portfolio of talent collectively reaches over 60 million followers across social channels.
TMBR

Hot Stocks

08:10 EDT Timber announces presentation on Phase 2b CONTROL study on TMB-001 - Timber Pharmaceuticals announced a late-breaking presentation of a sub-analysis of the Phase 2b CONTROL study that evaluated TMB-001, a topical isotretinoin formulated using the company's patented IPEG delivery system, at the American Academy of Dermatology, AAD, 2022 Annual Meeting. The presentation will demonstrate that patients achieved treatment success with TMB-001 regardless of the subtype of congenital ichthyosis, CI. CI is a group of rare genetic keratinization disorders that leads to dry, thickened, and scaling skin. Timber completed the Phase 2b CONTROL study evaluating TMB-001 in moderate to severe congenital ichthyosis in September 2021 and announced that data demonstrated clinically meaningful efficacy with a favorable safety profile. The primary efficacy endpoint was the proportion of patients with Visual Index for Ichthyosis Severity-scaling treatment success. The key secondary efficacy endpoint was the proportion of patients who achieved Investigator Global Assessment, IGA, treatment success. The subtype analysis to be presented at the AAD Annual Meeting found that TMB-001 0.05% demonstrated a substantially greater proportion of patients achieving VIIS-50 and greater than or equal to 2-grade IGA improvement compared with vehicle regardless of subtype. The per-protocol analyses will be presented with the following results: All patients with XLRI who received TMB-001 0.05% achieved VIIS-50 compared to 75% receiving vehicle and all patients with ARCI-LI who received TMB-001 0.05% achieved VIIS-50 compared to 17% receiving vehicle. Improvement of greater than or equal to 2-grade IGA score was observed in all patients with XLRI who received TMB-001 0.05% compared to 25% receiving vehicle, and in all patients with ARCI-LI who received TMB-001 0.05% compared to no patients receiving vehicle. As a Phase 2b study, CONTROL was not powered to show statistical significance. No significant systemic adverse events were identified. Based on U.S. Food and Drug Administration feedback at a completed End-of-Phase 2 meeting, Timber intends to initiate a pivotal Phase 3 study of TMB-001 in mid-2022.
ROIV

Hot Stocks

08:10 EDT Dermavant announces Phase 3 PSOARING 3 long-term extension study results - Dermavant Sciences announced Phase 3 PSOARING 3 long-term extension study results demonstrating durable improvements across efficacy outcomes, quality of life measures, and tolerability scores with investigational tapinarof cream 1% once daily for the treatment of plaque psoriasis in adults. The data, from prespecified endpoints of the Phase 3 PSOARING 3 long-term extension study, are being presented at the 2022 American Academy of Dermatology Annual Meeting, held March 25-29 in Boston. Eligible patients who completed either PSOARING 1 or 2, which were 12-week pivotal studies of tapinarof in adults with plaque psoriasis, could enroll in PSOARING 3. PSOARING 3 consisted of an additional 40 weeks of open-label intermittent treatment with tapinarof based on Physician Global Assessment score, followed by a 4-week follow-up. Patients who were randomized to tapinarof in PSOARING 1 or 2 and who also completed PSOARING 3 received tapinarof treatment for up to 52 weeks. These newly presented data include prespecified analyses of key secondary efficacy outcomes, quality of life and tolerability assessments. Importantly, continued improvements were observed in all assessments beyond the responses observed in the 12-week pivotal studies. Efficacy outcomes include changes in percentage body surface area affected and in Psoriasis Area and Severity Index, which is a measurement of the severity and extent of psoriasis. Quality of life outcomes included changes in Dermatology Life Quality Index, and tolerability assessments included both patient-reported tolerability and investigator-assessments of irritation at all sites of drug application. Investigators rated the majority of patients as having no irritation, including those who applied tapinarof to sensitive skin and intertriginous areas at all time points across 40 weeks; Long-term treatment with tapinarof cream 1% QD for up to 52 weeks demonstrated continued and durable improvement in mean PASI score, PASI75, PASI90, %BSA Affected, DLQI, and local tolerability scores. In August 2021, the U.S. Food and Drug Administration accepted a New Drug Application for tapinarof cream 1% for the treatment of plaque psoriasis in adult patients. A Prescription Drug User Fee Act target action date has been assigned in Q2 2022. If approved, tapinarof will be a potential first-in-class, novel small-molecule therapeutic aryl hydrocarbon receptor modulating agent for adults with plaque psoriasis.
SWKH

Hot Stocks

08:09 EDT AOTI secures major expansion funding from SWK Holdings - Advanced Oxygen Therapy Inc. announced they have closed a significant round of growth funding from SWK Holdings. The funding will support AOTI's ambitious growth plans to expand their market access for TWO2 nationally across the whole USA, as well as building out their clinical support and commercialization platforms, both in the USA and Internationally. AOTI is experiencing rapidly growing demand for its revolutionary cyclically pressurized Topical Wound Oxygen wound healing therapy.
ETRGF

Hot Stocks

08:08 EDT Entourage Health launches 'Joints for Justice' retail campaign - Entourage Health announced that its Royal City Cannabis brand recently launched 'RC Joints for Justice', a retail campaign designed to support the work of Cannabis Amnesty, an independent not-for-profit organization dedicated to remedying the harms caused by decades of cannabis prohibition. The organization pushes for equitable and evidence-based cannabis policy reform and raises awareness around inequities within the cannabis industry. The first-of-its-kind retail program centers around the sale of 3 x 0.5 gram pre-roll packages produced by Royal City, available at the Ontario Cannabis Store and participating retail outlets across the province. Proceeds of each 'RC Joints for Justice' sold, $1 per pre-roll or $3 per pack, goes directly to Cannabis Amnesty to help fund efforts that support the organization's mandate, including assisting people in navigating the pardon process and advancing social equity programs.
NRSN

Hot Stocks

08:07 EDT NeuroSense receives $4M through warrant exercises - NeuroSense announced it has received proceeds of approximately $4M from the exercise of warrants priced at $6 per share. The warrants were issued as part of the company's $12M initial public offering that closed in December 2021. "Our cash runway extends through Q3 2023 and, importantly, beyond the expected completion of our upcoming Phase IIb study of our lead drug candidate PrimeC in the treatment of amyotrophic lateral sclerosis, a major value-driving milestone," stated NeuroSense CEO Alon Ben-Noon.
NVEI

Hot Stocks

08:07 EDT Nuvei appoints Samir Zabaneh to board of directors - Nuvei Corporation announced it has appointed Samir Zabaneh to its Board of Directors, effective March 25, 2022. Mr. Zabaneh will also serve on the Company's Audit Committee. Zabaneh is currently the CEO and Chair of TouchBistro Inc., an all-in-one point of sale and restaurant management software provider.
AMTX FNNNF

Hot Stocks

08:07 EDT Aemetis to supply 17.5M gallons of SAF to Finnair - Aemetis (AMTX) announced that an offtake agreement has been signed with oneworld Alliance airline member Finnair (FNNNF) for 17.5M gallons of blended sustainable aviation fuel, SAF, to be delivered over the 7 year term of the agreement. The value of the contract including incentives is approximately $70M. The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125 acre former U.S. Army Ammunition production plant site in Riverbank, California. The blended sustainable aviation fuel is scheduled to begin deliveries to Finnair in 2025. "The supply of sustainable aviation fuel to Finnair is a part of $2 billion of contracts with oneworld Alliance members to reduce the environmental impact of aviation," stated Eric McAfee, Chairman and CEO of Aemetis. "Our production of low carbon aviation fuel in California is made possible by the historical success of the California Low Carbon Fuel Standard, creating new investment and jobs in disadvantaged minority communities in the state."
STGYF

Hot Stocks

08:06 EDT Stingray announces over 50 Quebec companies join initiative to help Ukrainians - More than 50 companies have expressed their interest in joining the network of Quebec businesses in support of subsistence and employment opportunities for Ukrainian immigrants, a Stingray initiative. The project aims to sponsor Ukrainian families affected by the conflict by providing individuals and families with employment and support until the situation in Ukraine stabilizes. Agropur, Aldo Group, BRP, CGI, Desgagnes, Desjardins, Exceldor Cooperative, EXFO, FX Innovation, iA Financial Group, Kruger, Lion Electric, Manac Inc. and Sagard join the existing list of Quebec companies in support of this movement. Each of these companies is prepared to join the project initiated by Eric Boyko, President, Co-Founder and CEO of Stingray, himself of Ukrainian descent, to welcome Ukrainian families to Quebec, and ensure these families are supported throughout the process. Stingray has created a network of external experts, including professionals in the domain of immigration and Human Resources to help assist participating companies in the immigration and relocation process and guide them through next steps.
HTBX

Hot Stocks

08:04 EDT Heat Biologics unveils enhanced allogeneic cell manufacturing process - Heat Biologics unveiled enhanced allogeneic cell therapy manufacturing capabilities through its Scorpion Biological Services subsidiary. Jeff Wolf, CEO of Heat, commented, "We are excited to rollout our new 3-D allogeneic cell manufacturing capabilities to replace our current 2-D HS-110 manufacturing. This new process is designed to increase yield, improve operating efficiency, as well as provide both a rapid and scalable solution to support Phase 3 trials and commercialization. We plan to implement these processes for the manufacturing of our own therapies, including HS-110, as well as provide these services to other biopharma companies on a fee-for-service basis through our Scorpion subsidiary. One of the greatest challenges to broad adoption of cell therapies has been the time and cost of production. We believe these capabilities will help position Scorpion as a leading contract development and manufacturing organization, as we advance our mission to become a fully-integrated biopharmaceutical company. We are incorporating these manufacturing changes into our clinical and commercial plans for HS-110 and plan to discuss these changes with the FDA during our Type C meeting scheduled for next quarter. We have received positive industry feedback on our new 3-D process, as well as the clinical results of our Phase 2 trial of HS-110, and plan to accelerate discussions with potential partners following our FDA interaction. We then plan to resubmit a Type B meeting request, including clinical setting and selection of the checkpoint inhibitor to be used in combination with HS-110, in collaboration with a potential partner."
MORF

Hot Stocks

08:04 EDT Morphic announces initiation of Phase 2a trial of MORF-057 in patients with UC - Morphic Therapeutic announced the initiation of MORF-057-201, the EMERALD-1 study. EMERALD-1 is a phase 2a trial of MORF-057 in patients with moderate to severe ulcerative colitis, UC. MORF-057 is a potent and selective, oral small molecule inhibitor of the alpha4beta7 integrin being studied in patients with GI disorders, initially targeting inflammatory bowel disease, IBD. "In the United States, over 1 million people are affected by IBD, a lifelong illness that can have a profound physical, emotional and social impact on patients," said Praveen Tipirneni, M.D., President and Chief Executive Officer of Morphic Therapeutic. "Each of the preclinical and clinical studies of MORF-057 to date have strongly supported the potential for MORF-057 to replicate the actions of vedolizumab, an IV-infused biologic inhibitor of alpha4beta7. MORF-057 is designed to provide an even broader group of patients with access to this proven therapeutic mechanism in pill form. With EMERALD-1 underway, we now look forward to progress in global clinical studies to advance MORF-057 as a potential new therapeutic option for people living with IBD."
ICVX

Hot Stocks

08:04 EDT Icosavax announces interim Phase 1/2 results for IVX-411 against SARS-CoV-2 - Icosavax announced topline interim results from its ongoing Phase 1/2 clinical trial of IVX-411, a VLP vaccine candidate displaying the SARS-CoV-2 receptor-binding domain, RBD. Adam Simpson, Chief Executive Officer of Icosavax, said, "We plan to investigate the potential causes of these discordant clinical results, including manufacture, shipment, and administration of the product. As COVID-19 becomes endemic, it continues to be a strategic priority for Icosavax. With regard to our lead program in RSV, we look forward to sharing topline, interim data for IVX-121 in 2Q 2022, with the Phase 1 initiation of our first combination vaccine candidate, IVX-A12 against RSV and human metapneumovirus, anticipated in 2H 2022." The ongoing Phase 1/2 clinical trial is a randomized, observer-blinded, placebo-controlled study to evaluate the safety and immunogenicity of IVX-411 in SARS-CoV-2 naive and previously vaccinated adults 18 to 69 years of age. Safety: In this topline interim data, IVX-411 was generally safe and well-tolerated. Solicited local and systemic adverse events were all mild or moderate, without dose-limiting reactogenicity. The most common local and systemic AEs were injection site tenderness, and headache and fatigue, respectively. There were no serious AEs deemed to be related to vaccine, AE of special interest, or AEs leading to discontinuation. In the naive setting, across the six dosage groups for IVX-411 with or without adjuvant, the proportion of subjects experiencing any systemic AE within seven days of any dose was 33-67%, versus 50% for placebo. In the booster setting, across the six dosage groups, 17-42% of subjects experienced any systemic AE within seven days of the booster dose, versus 25% for placebo. Immunogenicity: In the naive setting, a clear adjuvant effect on immunogenicity and a dose response were observed with IVX-411; however, the level of immune response in this initial data was comparable to or below the Human Convalescent Sera control. At day 49, responses were up to 154 IU/mL across dosage groups in the live virus neutralization assay, and up to 592 BAU/mL across groups in the spike IgG assay. In previously vaccinated subjects, these initial data showed that IVX-411 boosted immunity following primary vaccination with an mRNA or adenovirus vaccine, and adjuvanted and unadjuvanted groups were generally similar. Pre- versus post-boost fold increases of up to 5x for wild type virus were observed at day 28 post boost. For the Omicron variant, neutralizing antibody titers were up to 8-fold lower than observed for wild type virus in the same assay.
LAZY

Hot Stocks

08:04 EDT KWM calls for transparency from Lazydays board - Kanen Wealth Management sent a letter to the LAZY Board, which said, " We are disappointed, but not entirely surprised by your collective arrogance, in not responding to our public letter of March 21st. There remain serious governance issues at the Company that must be addressed urgently, lest shareholders lose further trust in this "Do Nothing LAZY Board." We call on the Board, and specifically Lead Independent Director and Interim CEO Bob Devincenzi, immediately to adopt a culture of transparency with its true owners, the shareholders of the Company, and take concrete steps to create shareholder value. Specifically, the Board must: publicly reveal who its Financial and Legal Advisors are, and explain why it rejected the B. Riley offer in a detailed and appropriate manner; publicly reveal its stand-alone business plan, including ROIC targets for both inorganic and organic growth opportunities, and its long-term goals with respect to number of dealerships owned; and Revenue, EBITDA and Free Cash Flow targets; discuss in detail its Capital Allocation policy and framework for returning capital via buybacks vs. growth investment; discuss its Investor Relations plan, including a potential Investor Day, the attending of Investor conferences, and increasing Wall Street research coverage; provide an update on its CEO search, and the qualities it is looking for in its next leader. Finally, in light of the continued depressed share price and significant over-capitalization, we demand the Company initiate a $100M tender for shares and warrants, which we believe would be immediately and massively accretive."
BBBY

Hot Stocks

08:02 EDT Bed Bath & Beyond announces cooperation agreement with Ryan Cohen - Bed Bath & Beyond announced that it has entered into a cooperation agreement with Ryan Cohen and RC Ventures, the beneficial owners of approximately 9.8% of the company's outstanding shares. As part of the agreement, three of RC Ventures' director designees - Marjorie L. Bowen, Shelly C. Lombard, and Ben Rosenzweig - will immediately join Bed Bath & Beyond's Board of Directors as new Independent Directors, and they will also stand for election as part of the company's slate at the 2022 Annual Meeting of Shareholders. The Board will temporarily expand to 14 members before reverting to 11 members following the Annual Meeting. The three new directors collectively bring deep expertise in capital allocation, corporate governance, strategic planning, and transactions. In conjunction with the cooperation agreement, Bed Bath & Beyond today announced that Bowen and Rosenzweig, will join a four-member Strategy Committee focused on exploring alternatives to unlock greater value from the company's buybuy BABY banner. Bed Bath & Beyond Independent Director Sue Gove, an accomplished retail executive and experienced public company director, will serve as Chair of the Strategy Committee, and Independent Director, Andrea Weiss, Founding Partner, the O Alliance, LLC, a retail, digital and brand strategy consulting practice, CEO of Retail Consulting, Inc. and an experienced public company director, will also serve on the Committee. The Strategy Committee has the ability to retain independent advisors to support the development of recommendations that it will ultimately make to the full Board. Harriet Edelman, independent Chair of the Board, said: "We are pleased to have reached this constructive agreement with RC Ventures, which we believe to be in the best interest of all our shareholders. Over the past two years, our Board has transformed the company's governance, management team, compensation policies, and oversight of strategy and operations. Under this Board's leadership, the Company has implemented consequential changes to our business, including the divestiture of multiple non-core assets and a significant increase in investments in structurally critical enablers of our business. The Board is highly committed to fundamentally reshaping Bed Bath & Beyond for our customers while driving growth and profitability across its banners. We look forward to benefitting from the contributions and perspectives of our new directors." As a result of the agreement between RC Ventures and Bed Bath & Beyond, RC Ventures has agreed to abide by certain customary standstill provisions and will support the Board's full slate of directors at the 2022 Annual Meeting.
CUTR

Hot Stocks

08:02 EDT Cutera receives FDA clearance for AviClear - Cutera announced the FDA's 510(k) clearance of AviClear, the first and only energy-based device to receive this designation for the treatment of mild, moderate, and severe acne.
JNJ LEGN

Hot Stocks

07:54 EDT Janssen Pharmaceutical announces CHMP recommendation for Carvykti - Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ) announced that the Committee for Medicinal Products for Human Use, or CHMP, of the European Medicines Agency, or EMA, has recommended marketing authorization of ciltacabtagene autoleucel for the treatment of adults with relapsed and refractory multiple myeloma, who have received at least three prior therapies, including an immunomodulatory agent, a proteasome inhibitor and an anti-CD38 antibody and have demonstrated disease progression on the last therapy. In December 2017, Janssen Biotech entered into an exclusive worldwide license and collaboration agreement with Legend Biotech (LEGN) to develop and commercialize cilta-cel.
ARQT

Hot Stocks

07:40 EDT Arcutis announces results from DERMIS Phase 3 trial on roflumilast cream - Arcutis Biotherapeutics announced new pooled results from the DERMIS Phase 3 trials of roflumilast cream are available in four abstracts at the 2022 American Academy of Dermatology annual meeting. Roflumilast is a selective and highly potent phosphodiesterase-4 inhibitor being investigated by Arcutis as a non-steroidal topical treatment for multiple inflammatory skin diseases. Pooled efficacy and safety results from the DERMIS-1 and DERMIS-2 Phase 3 trials showed that at week 8, 40% of patients treated with roflumilast cream achieved IGA success - the achievement of clear or almost clear plus a greater than or equal to2 grade improvement from baseline - compared to 7% of patients with vehicle , and 48% of patients treated with roflumilast cream achieved IGA status of clear or almost clear compared to 10% of patients with vehicle. Of patients with a Worst Itch Number Rating Scale of at least 4 on a 10-point scale at baseline, 69% of patients treated with roflumilast cream achieved an improvement of four-points or more in their itch compared to 31% of patients treated with vehicle at week 8. In both trials, roflumilast cream was generally well-tolerated with a favorable safety and tolerability profile. Rates of application-site adverse events, treatment-related AEs, and discontinuations due to AEs were low and comparable with vehicle. 1% of patients discontinued the study due to an AE. The most common AEs include diarrhea, headache, insomnia, nausea, upper respiratory tract infection, application-site pain, and urinary tract infection. New post hoc analyses of pooled results from the DERMIS studies reported in two posters showed: As measured by the primary efficacy endpoint of IGA success, roflumilast cream demonstrated consistent efficacy across patients with mild, moderate, or severe psoriasis as defined by baseline body surface area, BSA. At week 8, 47% of patients with baseline BSA involvement greater than 10% achieved IGA success with roflumilast cream, compared to 2% of patients with vehicle; 37% of patients with baseline BSA of 5-10% achieved IGA success with roflumilast cream, compared to 9% with vehicle; and 40% of patients with baseline BSA involvement less than5% achieved IGA success with roflumilast cream, compared to 7% with vehicle. In patients with psoriasis plaques on their knees and/or elbows, roflumilast cream demonstrated clinically meaningful efficacy at 8 weeks, with 49% of these patients achieving IGA of clear or almost clear with roflumilast cream, compared to 8% of patients with vehicle.
ARQT

Hot Stocks

07:36 EDT Arcutis Biotherapeutics announces results of Phase 2 study of roflumilast foam - Arcutis Biotherapeutics announced the presentation of results from the Phase 2 study of its investigational roflumilast foam 0.3%, a novel, once-daily non-steroidal foam for the treatment of seborrheic dermatitis, at the 2022 American Academy of Dermatology annual meeting. Seborrheic dermatitis is a chronic inflammatory skin condition that impacts 10 million people in the United States. Roflumilast foam is a once-daily topical foam formulation of a highly potent and selective phosphodiesterase type 4 inhibitor that Arcutis is developing particularly to treat inflammatory dermatoses in hair-bearing areas of the body such as the scalp. On the Phase 2 study's primary endpoint assessed at week 8, roflumilast foam 0.3% achieved an IGA success rate of 73.8% compared to a vehicle rate of 40.9%. IGA success is defined as the achievement of an IGA score of 'clear' or 'almost clear' on a 5-grade scale plus at least a two-grade change from baseline. Quality of life measurements were taken through ScalpDex, a validated scalp dermatitis-specific measurement in which patients score 23 questions across three quality of life domains: emotions, symptoms, and functioning. Patients reported significant improvements with roflumilast foam compared to vehicle on the emotions scale, symptoms scale , as well as on the functioning scale. "Seborrheic dermatitis is a challenging condition that impacts millions of people, and yet today patients have to resort to an arsenal of various outdated products to manage their disease," said Frank Watanabe, President and CEO of Arcutis. "Arcutis has specifically formulated roflumilast foam to address patients' needs through an effective, well tolerated, convenient, once-daily foam that is designed to be used on all areas of the body. Roflumilast foam has the potential to become the standard of care for seborrheic dermatitis." In Arcutis' Phase 2 multi-center, multi-national, double blind, vehicle-controlled study in individuals with seborrheic dermatitis, patients were studied for 8-weeks and evaluated for the safety and efficacy of roflumilast foam 0.3% administered once-daily to affected areas on the scalp, face, and body. The Company recently announced the last subject enrolled in its pivotal Phase 3 STRATUM clinical trial of roflumilast foam in seborrheic dermatitis, with topline data results expected mid-year 2022.
OGEN

Hot Stocks

07:36 EDT Oragenics receives audit opinion with going concern explanations - Oragenics announced that, as previously disclosed in its annual report on Form 10-K for the year ended December 31, 2021, which was filed on March 24 with the Securities and Exchange Commission, the audited financial statements contained an unqualified audit opinion from its independent registered public accounting firm that included an explanatory paragraph related to the company's ability to continue as a going concern. See further discussion in footnote 1 to the company's financial statements included in the company's annual report on Form 10-K. This announcement is made pursuant to NYSE American Company Guide Section 610, which requires public announcement of the receipt of an audit opinion containing a going concern paragraph. This announcement does not represent any change or amendment to the company's financial statements or to its annual report on Form 10-K for the year ended December 31, 2021.
VHIBF

Hot Stocks

07:36 EDT Vitalhub announces four-year licensing agreement with Northamptonshire Hospitals - VitalHub is pleased to announce a four-year licensing agreement of subsidiary Intouch with Health's patient flow solutions with Northamptonshire Hospitals Group, comprising Northampton General Hospital NHS Trust and Kettering General Hospital NHS Foundation Trust. Intouch had been in discussions with Northampton for some time, culminating in a Trust-wide agreement aimed at tackling their ongoing Elective Care backlog, to improve use of hospital rooms and attain a comprehensive patient flow management solution. As a result of licensing Intouch's suite of patient flow solutions, the Trust expects to achieve improvement in patient experience, enhanced Trust efficiencies through effective flow management, and maximization of room utilization. As part of the four-year licensing agreement, the Trust will gain access to Intouch's suite of patient flow solutions, including Flow Manager, Check-In, Patient Calling, Mobile Appointment Manager, Room and Resource Manager, Wayfinding, Wait Time Manager, and eOutcomes.
ACST

Hot Stocks

07:35 EDT Acasti Pharma appoints Derby to board of directors - Acasti Pharma announces that it has appointed Michael Derby to its Board of Directors. Derby brings more than two decades of experience within the biopharmaceutical industry. Having founded or co-founded seven biopharmaceutical companies, he most recently launched TardiMed Sciences.
AYRWF

Hot Stocks

07:34 EDT Ayr Wellness launches Entourage vape offerings in Florida - Ayr Wellness announced the launch of Entourage vapes, one of the Company's ten national brands, in its Florida footprint. Sales of Entourage begin this weekend across Liberty Health Sciences' footprint of 45 dispensaries. The initial launch includes a collection of three strain-specific offerings, including "Tahoe OG," "9lb Hammer," and "Grape Ape." The product will initially launch in 1-gram cartridges, followed by syringes at a later date.
ALEAF

Hot Stocks

07:34 EDT Aleafia Health provides corporate update on market share advances - Aleafia Health is pleased to provide a corporate update demonstrating that the Company continues to deliver market share advances by focusing on the highest revenue generating dried flower, pre-roll, and vape product categories. Consumers continue to express strong interest in its Sunday Market House of Brands adult-use cannabis products in these categories. "In February, the Company reported that it had changed the business' strategy towards being a branded cannabis products provider, with branded cannabis representing 80% of total net revenue in 2021 compared to 33% in 2020," said Aleafia Health CEO Tricia Symmes. "Now we continue to deliver on that strategy, with record growth in market share in February and unique product introductions that demonstrate the success of our Sunday Market House of Brands, setting the stage for future success in the highest volume cannabis categories."In February, Aleafia Health achieved record 2.06% adult use market share in four major markets, advancing 33% from 1.54% in November 2021. In the same time frame, market share in flower rose to 1.86% from 1.47%, pre-rolls rose to 2.62% from 2.09%, vapes rose to 2.18% from 0.92%, and oil rose to 4.01% from 2.68%.These advances in market share would have been stronger absent temporary capacity limitations at the Company's Grimsby greenhouse facility. Among Canadian LPs, in its four major markets, the Company ranked in February 2022: 13th overall, up from 30th in February 2021; 11th in pre-rolls, up from 37th in February 2021; 11th in vapes, up from 18th in February 2021.This 17-position overall market share rank increase, from 30th to 13th, demonstrates the success of the Sunday Market House of Brands. This growth was driven by strong retail pull-through of the Divvy product portfolio, Sunday Market's everyday brand. The Company recently shipped its first flower SKUs to British Columbia, including 14g bags of Divvy Sour Kush and Flo, and 3.5g bags of Divvy Black Widow CBD, the Company's spicy balanced flower offering. Divvy has consistently been one of the top 12 most searched brands on OCS.ca since its first product launch in April 2021. In addition, the Company's Kin Slips discrete sublingual strip brand ranks #1 in Ontario. As another indicator of consumer demand and sales momentum for adult use products, the Company for the first time has received a $1 million purchase order from Ontario, covering a wide range of products. In addition, Aleafia Health has secured purchase orders in 2022 year-to-date from Australia and Europe that exceed 2021 second half sales to international markets. Aleafia continues to target international sales as a future growth area, benefitting from its strong relationships with overseas distributors.
OPFI

Hot Stocks

07:32 EDT OppFi appoints Pamela Johnson as CFO - OppFi announced the appointment of Pamela Johnson as the company's CFO. Johnson joined OppFi as chief accounting officer in 2021. Previously, she was CFO for more than 10 years at consumer finance companies Heights Finance and Pioneer Financial Services. Johnson will replace Shiven Shah, who served as the company's CFO for five years and helped bring OppFi to the public markets. Shah has agreed to serve in an advisory role through the end of Q2 to ensure a transition.
VACC

Hot Stocks

07:17 EDT Vaccitech announces upcoming milestones - In the second quarter of 2022, the Company expects to present additional Phase 1/2a interim efficacy data of VTP-300 in patients with chronic HBV infection at the International Liver Congress on June 22 to 26, 2022, which is also expected to be followed by Phase 1/2a full efficacy clinical trial data in the second half of this year. In the third quarter of 2022, the Company expects to initiate dosing in a Phase 1/2 clinical trial of VTP-850 in patients with prostate cancer and also expects to initiate dosing of a Phase 2 clinical trial of VTP-300 in patients with chronic HBV infection. In the fourth quarter of 2022, the Company intends to conduct an interim efficacy review of HPV001, a Phase 1/2a clinical trial of VTP-200, a potential non-invasive treatment for low grade HPV-related cervical lesions.
FPI

Hot Stocks

07:14 EDT Farmland Partners purchases 439-acre farm in Nebraska for $2.6M - Farmland Partners purchased a 439-acre farm located in Colfax County, Nebraska, for approximately $2.6M. The corn and soybean farm includes 425 tillable acres, 350 of which are pivot irrigated. It is being rented back to the seller on a one-year lease with a gross capitalization rate of 5.2%. FPI also expects the value of the newly acquired farmland to grow over the long-term. U.S. agriculture land has appreciated at a compound annual growth rate of approximately 5.7% since 1970, based on U.S. Department of Agriculture data. The deal comes on the heels of two farmland purchases in Illinois within the past week, and Pittman noted that the company is actively working on additional acquisitions. FPI is the nation's largest publicly traded farmland REIT by U.S. acreage. It now owns 30 farms in Nebraska across 8 counties.
GMSQF

Hot Stocks

07:10 EDT Gamesquare Esports signs LOI for $5M credit facility - Gamesquare Esports announced that the Company has signed a letter of intent in respect of a $5M credit facility to be provided by an entity to be established by Goff Capital, Inc. and Blue & Silver Ventures, Ltd., a Jerry Jones owned company. The Credit Facility will provide the Company with additional access to capital, if required, to execute on its strategic priorities of continuing to develop profitable, cash flowing digital agencies, and a world-class content creation organization as Gamesquare businesses connect global brands with esports and gaming fans. The Credit Facility would bolster the Company's $7.7M of cash-on-hand, as of December 31, 2021. The Company expects to complete negotiations of the definitive terms of the Credit Facility and enter into a definitive agreement in respect of the Credit Facility in the coming weeks.
NXHSF

Hot Stocks

07:10 EDT Next Hydrogen signs MOU with NYSERDA to propose US Northeast hydrogen hub - Next Hydrogen Solutions announces that its fully owned subsidiary, Next Hydrogen Corporation, has signed a memorandum of understanding, MOU, with the New York State Energy Research and Development Authority, NYSERDA, along with an initial total of 40 hydrogen ecosystem partners to develop a proposal to become one of at least four regional clean hydrogen hubs designated through the US federal Clean Hydrogen Hubs program included in the federal 2021 bipartisan Infrastructure Investment and Jobs Act. The coalition of 40 partners agree to work together to advance a vision that enables a long-term sustainable clean hydrogen industry in the Northeast region and cooperate to develop a proposal in response to the United States Department of Energy, DOE, Funding Opportunity Announcement, anticipated to launch in May 2022 with $8B in funding available. "Next Hydrogen is excited to offer its unique technology and solutions expertise to this monumental group of partners who will work together to advance a clean hydrogen hub in the US Northeast," said Raveel Afzaal, President and CEO of Next Hydrogen. "We are joining an impressive group of industry leaders to evaluate and develop this hydrogen hub proposal with the shared goal of facilitating the development of resilient clean energy infrastructure in the United States."
EMOTF

Hot Stocks

07:09 EDT Emerita Resources provides update on Aznalcollar legal case - Emerita Resources announces that it has been notified that Court #3 of the Seville Court will hear the final phase of the Aznalcollar criminal trial. This notification pertains to the criminal trial and is separate from the Administrative Court hearings for which the Company has not yet received notification. Magistrate Angel Marquez Romero has been appointed as the lead judge responsible for resolving the sentences that will conclude the trial. Magistrate Angel Marquez Romero has more than 40 years of judicial experience and presides over the Third Criminal Section of the Court. There will be three judges hearing this phase of the trial led by Magistrate Angel Marquez Romero. According to Emerita's external Spanish legal counsel, the hearings will likely last approximately 15-20 days given the number of people implicated and the number of charges. The date for the hearings is expected to be announced in the next few weeks and will in part be determined by when a sufficient block of time for the hearings is available in the court schedule. Upon completion of the trial, the judges will convene and draft the final resolution/decision which will conclude the trial. The criminal trial process is independent of the administrative court process. Based on correspondence received from the Administrative Court late in 2021, this court has also been deliberating for approximately six months and it is expected this process is nearing a conclusion also, although to be clear, the Company has no insights with respect to the progress or the timing of completion by the Administrative Court. The Administrative Court is the court that will deal with resolving awarding of the Aznalcollar public tender. According to Emerita's Spanish external counsel, under Spanish law if there is commission of a crime in awarding a public tender, that bid must be disqualified and the tender awarded to the next highest bidder. Emerita is the only other qualified bidder in the Aznalcollar public tender.
BZUN

Hot Stocks

07:08 EDT Baozun expands share repurchase authorization by $80M - Baozun announced that its Board of Directors has increased the Company's share repurchase authorization by $80M in addition to the previously approved $175M. From May 2021 to March 24, 2022, the Company repurchased approximately 28.4 million of Class A ordinary shares for approximately $168.2M under its share repurchase programs approved in 2021. This increase brings the total remaining authorization to approximately $86.8M. The Company may repurchase its outstanding ADSs, each representing three Class A ordinary shares, and/or Class A ordinary shares over the next 12 months starting from March 25, 2022. The Company's board of directors will review the share repurchase program periodically and may authorize adjustment of its terms and size. The Company plans to fund repurchases from its existing cash balance. The Company's proposed repurchases may be made from time to time on the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company's board of directors agrees to authorize management of Baozun to implement the share repurchase, including implementing the share repurchase in accordance with plans under the Rule 10b5-1 under the U.S. Securities Exchange Act of 1934, as amended. In addition, Mr. Vincent Qiu, Chairman and Chief Executive Officer of Baozun, and Mr. Junhua Wu, Co-founder and Director of Baozun, have informed the Company of their intention to use their personal funds to purchase up to $5M of the Company's ADSs or Class A ordinary shares in the open market for the next 12 months.
VS

Hot Stocks

07:07 EDT Versus partners with Diplomat Sports to bring XEO platform to Japanese baseball - Versus Systems announced that the Company has partnered with Tokyo-based advertising agency Diplomat Sports & Entertainment to power interactive fan experiences for the Hokkaido Nippon-Ham Fighters of Nippon Professional Baseball, the highest level of professional baseball in Japan, for the league's 2022 season. Versus will activate its XEO platform's interactive arcade to enhance the in-venue experience of Japanese baseball fans each week of the 2022 season, which begins on March 25th. Versus anticipates that additional teams from Nippon Professional Baseball could activate the XEO platform throughout the course of this season. "We are proud to be partnering with Diplomat Sports & Entertainment to deliver a fun, innovative, and engaging way for Japanese baseball fans to interact with their favorite teams and enable them to win real-world rewards," said Matthew Pierce, Founder and CEO of Versus Systems. "We are excited to bring the XEO platform to Japan, working with the Hokkaido Nippon-Ham Fighters to enhance the in-game experience of their loyal fans. We look forward to bringing interactivity, engagement, and real-world prizes to sports fans attending live events across the globe."
MBRX

Hot Stocks

07:07 EDT Moleculin Biotech says cash sufficient to fund operations into 2024 - The company ended the year with $70.9M of cash. The company believes that this cash is sufficient to meet its projected operating requirements, which include a forecasted increase over its current R&D rate of expenditures, into 2024. "Over the course of 2021, we have made significant progress across multiple fronts. As we look ahead, I believe we are well positioned for an exciting 2022 with a number of clinical and regulatory milestones expected throughout the year," commented Walter Klemp, Chairman and CEO of Moleculin. "Our Annamycin development programs in STS lung mets and AML continue to progress and we remain encouraged by the data seen to date. Additionally, with the necessary regulatory approvals received, we are advancing parallel development of WP1122 for the treatment of COVID-19 and GBM. With our growing body of encouraging clinical data and our strong financing position, we remain laser focused on executing our initiatives, driving value for all stakeholders, and importantly, addressing unmet needs for people with highly resistant tumors and viruses."
CBRE AMPS

Hot Stocks

07:07 EDT CBRE Investment Management, Altus Power to build rooftop solar projects - CBRE Investment Management (CBRE) and Altus Power (AMPS) announced plans to build and operate a portfolio of rooftop community solar projects to provide renewable energy to residential customers and CBRE IM logistics tenants in Maryland. These projects are expected to produce savings for approximately 5,700 residential customers in Maryland. CBRE IM and Altus Power each have a long-standing presence in Maryland and together are proud to bring the benefits of community solar to a broader segment of residential customers within the state. Rooftop-based solar systems of up to approximately 20MW will be located on the logistics facilities that are owned by CBRE IM's funds. Power generated from these solar systems is to be provided to both commercial tenants and residential customers. Thirty percent or more of the generated electricity is also to be allocated to low and moderate income residential customers in the state. Energy storage and electric vehicle charging may be added to these facilities in the future.
AAON

Hot Stocks

07:06 EDT Aaon announces retirement of Lackey from board of directors - AAON announced that Paul Lackey, Jr. will retire from the Company's Board of Directors following the end of his current term at AAON's Annual Meeting of Stockholders on May 12, 2022. Lackey, who has served on AAON's Board since 2007, decided to retire and not stand for re-election to the Board upon completion of his current term as he decreases his professional commitments.
ADMA

Hot Stocks

07:05 EDT ADMA announces FDA approval of extended shelf life for ASCENIV, BIVIGAM - ADMA Biologics announced the United States Food and Drug Administration's approval to extend the expiration dating from 24 to 36 months for both its ASCENIV and BIVIGAM immune globulin drug product stored at 2-8 degrees C. The expiration date extension applies to all existing ASCENIV and BIVIGAM lots currently in the commercial supply chain as well as to future production of ASCENIV and BIVIGAM in all vial sizes, production scales as well as internal and external fill-finished drug product. The newly approved 36-month dating for ASCENIV and BIVIGAM is immediately effective and product is available to U.S. healthcare providers and patients. At the present time, ADMA expects continuous and increasing supply across its IG product suite going forward.
TLSA

Hot Stocks

07:05 EDT Tiziana Life Sciences announces initiation of Phase 1b trial of foralumab - Tiziana Life Sciences announced initiation of a Phase 1b clinical trial to evaluate orally administered enteric-coated capsules of foralumab in patients with mild-to-moderate Crohn's Disease, CD. This revised protocol, as previously outlined in the Company's announcement on February 4, 2022, allows for the study of a broader patient population and a shorter dosing period. These protocol amendments or revisions are intended to expedite patient enrollment with study completion targeted for the fourth quarter of 2022. This study is the first multiple-dose study with orally administered enteric-coated capsules of foralumab in patients with CD. This study will initiate soon with patient enrollment in the second quarter of 2022. Enteric-coated capsules, containing doses up to 5 mg of foralumab, will be administered once-daily for five consecutive days to patients with mild-to-moderately active CD. While the primary objective is safety and tolerability, additional endpoints are to assess clinical and immune signal responses, including calprotectin measurements in stool. Dr. Kunwar Shailubhai, Chief Executive Officer and Chief Scientific Officer of Tiziana, commented, "The oral route of administration is the preferred route for all pharmaceuticals. The "Holy Grail" for biologics is the "switch" from parenteral to oral administration as it is the most economical, non-invasive, and convenient route with respect to patient's quality of life and compliance. We have developed proprietary formulation technologies, enabling oral, nasal, and inhalation routes for administration of antibodies, to facilitate local action at the respective target sites. We believe this Phase 1b study is a logical first step towards the clinical validation of oral immunotherapy with foralumab capsules, to provide local action rather than systemic delivery, for CD treatment."
XPO

Hot Stocks

07:04 EDT XPO Logistics sells intermodal business to STG Logistics for $710M - XPO Logistics announced that it has divested its North American intermodal business to STG Logistics, Inc. for cash proceeds of approximately $710M, subject to a customary post-closing purchase price adjustment. The intermodal unit, which XPO has reported as part of its Brokerage and Other Services segment, generated $1.2B of revenue in 2021. The divested operations provide rail brokerage and drayage services; 48 locations and approximately 700 employees have transferred to the buyer in the transaction. XPO will update its guidance to reflect the divestiture when the company reports its first quarter 2022 financial results. Raymond James & Associates, Inc. served as financial advisor to XPO for the transaction, and Wachtell, Lipton, Rosen & Katz served as legal advisor. There can be no assurance that the planned fourth quarter 2022 spin-off will occur or, if it does occur, of its terms or timing.
BMY

Hot Stocks

07:04 EDT Bristol-Myers says sNDA for Breyanzi accepted by Japan's MHLW - Bristol-Myers Squibb K.K. announced that the Ministry of Health, Labour and Welfare, or MHLW, of Japan has accepted the supplemental New Drug Application for Breyanzi, a CD19-directed chimeric antigen receptor T cell therapy for the second-line treatment of patients with relapsed or refractory large B-cell lymphoma. "This is the first CAR T cell therapy application filed for the second-line treatment of R/R LBCL in Japan. The acceptance is based on the efficacy and safety data yielded by the TRANSFORM study in patients with R/R aggressive B-cell non-Hodgkin lymphoma conducted in Japan, the U.S. and the EU, and other studies," the company stated.
ACY MTMT

Hot Stocks

07:04 EDT AeroCentury completes name change to Mega Matrix - AeroCentury (ACY) announced that it has completed the company's previously announced corporate name change from "AeroCentury Corp." to "Mega Matrix Corp." In conjunction with the corporate name change, the company will begin trading on the NYSE American under the new ticker symbol, "MTMT," effective with the opening of trading on March 28.
ASLN

Hot Stocks

07:03 EDT Aslan Pharmaceuticals expects cash runway through late 2023 - "Company maintains strong operating position with $90.2 million in cash and cash equivalents as of December 31, 2021, runway through late 2023," the company said.
ASLN

Hot Stocks

07:03 EDT Aslan Pharmaceuticals announces anticipated upcoming milestones - Initiation of Phase 2 study of farudodstat, also known as ASLAN003, in inflammatory bowel disease is planned for the first half of 2022. Topline data from the Phase 2b TREK-AD study of eblasakimab is expected in the first half of 2023.
BMY MRK

Hot Stocks

07:01 EDT Bristol-Myers announces new PDUFA date for Reblozyl sBLA - Bristol Myers Squibb (BMY) announced that the U.S. FDA has extended the review of the supplemental biologics license application for Reblozyl for the treatment of anemia in adults with non-transfusion-dependent beta thalassemia to June 27, 2022. Reblozyl is being developed and commercialized through a global collaboration with Merck & Co. (MRK), following Merck's acquisition of Acceleron Pharma in November 2021. A written response to an information request was determined by the FDA to constitute a major amendment; therefore the Agency has extended the Prescription Drug User Fee Act goal date by three months to provide time for a full review of the submission. The sBLA was based on safety and efficacy results from the pivotal Phase 2 BEYOND study evaluating Reblozyl plus best supportive care in adults with NTD beta thalassemia. There is an application also under review by the European Medicines Agency.
GOOG GOOGL

Hot Stocks

06:42 EDT Google files request urging judge to reject DOJ's sanction request - Google recently filed a request with Judge Amit Mehta opposing the Department of Justice, DOJ, plaintiff's motion to sanction Google and "compel disclosure of documents unjustifiably claimed by Google as attorney-client privileged." Google wrote, "Accusing an adversary of engaging in a systematic, bad-faith scheme to falsify and hide documents is a serious matter. A charge of that magnitude should be accompanied by unassailable proof. The DOJ Plaintiffs have provided none. Their allegations of sanctionable misconduct are baseless. They misread three slides from internal presentations out of the more than 4.5 million documents produced by Google to argue that Google engaged in a nefarious scheme to falsify and hide documents... Plaintiffs' alternative motion to compel seeks the same relief as their sanctions motion: blanket removal of privilege protection over large swathes of unidentified emails... Plaintiffs alternatively move to compel production of emails from Google's log "adopting the Communicate-with-Care instructions" or "created under the Communicate-with-Care rubric." For all the reasons set forth above, Plaintiffs have not proved the existence of any such bad-faith strategy. The Court should deny Plaintiffs' motion to compel for that reason alone. Plaintiffs also have not proposed any reliable mechanism for identifying such emails, nor have they tied the at-issue emails to the specific presentations they claim reflect this supposed strategy." Reference Link
AL BA

Hot Stocks

06:36 EDT Air Lease confirms long-term lease agreements for nine new Boeing 737 aircraft - Air Lease (AL) announced long-term lease agreements for nine new Boeing (BA) 737 aircraft with Aeromexico. Consisting of two new 737-8s and seven new 737-9s, the aircraft are scheduled to deliver between July 2022 and August 2023 from ALC's orderbook with Boeing.
DOOO

Hot Stocks

06:06 EDT BRP Inc. announces return of Can-Am motorcycle with all-electric lineup - BRP announced that the Can-Am brand is returning to its motorcycle roots with a product line-up that will be completely electric. To mark the 50th anniversary of the Can-Am brand, the company will launch a family of electric 2-wheel motorcycles.
RHHBY BMY

Hot Stocks

05:14 EDT Roche, Bristol-Myers to collaborate on advancement of two assays - Roche (RHHBY) announced that it has entered into a collaboration with Bristol Myers (BMY) to support the advancement of two assays for use in clinical trials with the development and deployment of two new digital pathology algorithms. In the first project under this collaboration, Roche Digital Pathology is creating an AI-based image analysis algorithm to aid pathologists in interpreting the on-market VENTANA PD-L1 Assay. Bristol Myers Squibb will use this algorithm to generate biomarker data from clinical trial samples. In the second project, Roche will leverage its recently announced Open Environment collaboration with PathAI to integrate a PathAI-developed algorithm for CD8 biomarker analysis into the NAVIFY Digital Pathology workflow software. The AI-powered algorithm will be used by Bristol Myers Squibb to analyze clinical trial samples that have been stained with Roche's CD8 assay and generate quantitative spatial biomarker data. Data from both projects will be used to aid in cancer diagnosis and to advance personalized healthcare treatment options, with the aim of improving outcomes for patients.
DBRG

Hot Stocks

05:11 EDT DigitalBridge to acquire TowerCo from Telenet for $820M in cash - DigitalBridge announced that an affiliate, DigitalBridge Investments, has agreed to acquire the mobile telecommunications tower business of Telenet in an all-cash transaction valued at EUR 745M, or $820M, on a cash-free and debt-free basis. The transaction is being funded via a combination of debt and equity financing, including a commitment from the DigitalBridge balance sheet of EUR 470M, or $517M. DigitalBridge intends to subsequently transfer its ownership of TowerCo to a fund affiliated with DigitalBridge investment management platform, in support of the firm's continued development of new investment strategies. The transaction with Telenet will provide DigitalBridge with ownership of 100% of Telenet's passive infrastructure and tower assets, including TowerCo's nationwide footprint of 3,322 sites in Belgium, including 2,158 owned sites and 1,164 third-party sites. Through the acquisition, DigitalBridge will capitalize on the unique opportunity to create and invest in the first independent TowerCo in Belgium with an expansive footprint, a total tenancy ratio of 1.2x, and a tenancy ratio of 1.6x in towers. Under the terms of the agreement, DigitalBridge will enter into a long-term master lease agreement with Telenet, which includes an initial period of 15 years and two renewals of 10 years each. The agreement also includes a build-to-suit commitment to deploy a minimum of 475 additional new sites. The transaction is expected to close in the second quarter of 2022 and does not require any further regulatory approvals.
JAZZ

Hot Stocks

05:07 EDT Jazz Pharmaceuticals initiates construction of manufacturing facility at KSP - Jazz Pharmaceuticals announced the official initiation of construction of its manufacturing facility at Kent Science Park, or KSP, in Sittingbourne. The new facility will be approximately 60,000 square feet, with an investment of over $100M. Once operational, the facility will create more than 100 highly skilled new jobs. Due to open in 2024, the facility is designed to support the company's two regulatory-approved cannabis-based medicines and support future capacity for new medicines under development. Jazz currently manufactures the extract, active pharmaceutical ingredients and the formulated drug products at KSP, occupying 12 buildings with more than 400 employees, making it, and the UK, the heart of our global cannabinoid manufacturing operations. The new facility has been designed with careful consideration to the environment, and this will continue through its build phase and use. Animal refuge boxes will be installed to promote wildlife in the local area, the use of single use plastics will be minimized and more than 1,100 solar panels will be installed to provide a portion of the building's energy usage.