Stockwinners Market Radar for March 29, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

COIN

Hot Stocks

20:04 EDT Cathie Wood's ARK Investment bought 288.2K shares of Coinbase today
FCPT

Hot Stocks

18:59 EDT Four Corners Property Trust acquires Red Lobster location for $2.4M - Four Corners Property Trust "announces the acquisition of a Red Lobster restaurant property for $2.4M. The property is located in a strong retail corridor in Arizona and is occupied under a triple net lease to the corporate entity with approximately eight years of term remaining. The transaction was priced at a 6.25% capitalization rate, exclusive of transaction costs."
MKC

Hot Stocks

18:50 EDT McCormick CEO: The cost environment is a challenge - In an interview on CNBC's Mad Money, Lawrence Kurzius said "increased costs have to make their way to the consumer."
UPS FDX

Hot Stocks

18:26 EDT FedEx CEO: We're very confident in our strategies - In an interview on CNBC's Mad Money, Fred Smith said FedEx (FDX) has two main competitors, UPS (UPS) and DHL. The company is now more focused on B2C versus B2B, he added. FedEx has put an "enormous effort" into autonomous vehicles and Smith is "very confident" that autonomous trucks are "on the way." He noted that there was no activist impetus behind the CEO change.
VLNS

Hot Stocks

17:55 EDT VLNS Stock trading resumes
EA

Hot Stocks

17:46 EDT Electronic Arts CEO sells $1.29M in common stock - In a regulatory filing, Electronic Arts disclosed that its CEO Andrew Wilson sold 10K shares of common stock on March 29th in a total transaction size of $1.29M.
VIR MTDR

Hot Stocks

17:20 EDT Vir Biotechnology to replace Matador in S&P 600 at open on 4/4
MTDR CPT

Hot Stocks

17:19 EDT Matador to replace Camden Property in S&P 400 at open on 4/4
CPT...

Hot Stocks

17:18 EDT Camden Property to replace People's United in S&P 500 at open on 4/4 - M&T Bank (MTB) is acquiring People's United Financial (PBCT) in a deal expected to be completed on or about April 4.
VYNT

Hot Stocks

17:01 EDT Vyant Bio and OrganoTherapeutics sign collaboration agreement - Vyant Bio and OrganoTherapeutics announced they have entered into a collaboration agreement to work toward accelerating the discovery of drugs for the treatment of Parkinson's Disease. The collaboration brings together the respective teams' expertise in drug discovery using human-derived cells, high-throughput biology and chemistry, and machine learning-based therapeutic design to identify potential PD drugs. Together, they will focus on the identification of drug candidates that rescue the PD phenotype through the development of disease-linked, clinically- translatable assays and biomarkers through multiple molecular, biochemical, and cellular methods. This approach will integrate and leverage OrganoTherapeutic's complex, patient-derived, 3D-organoid disease models derived from induced pluripotent stem cells and Vyant Bio's iPSC expertise and its AnalytiXTM machine learning technology.
KGC

Hot Stocks

17:01 EDT Kinross Gold plans to divest Russian assets - Kinross Gold Corporation provided an update regarding its activities in Russia. Subsequent to Kinross' disclosure on March 2, the company has been developing a transition plan to divest its Russian assets. Kinross has received a number of unsolicited proposals regarding its Russian business and is now in exclusive negotiations with a third-party mining company regarding a potential sale of 100% of its assets in the country. Any such divesture or change of control would be subject to Russian government approval. As part of the exclusivity agreement and to properly maintain assets pending a change of control, the company's Russian subsidiaries are continuing to operate during the transition period. Kinross will also continue to manage and mitigate the environmental impacts of its operations.
CSTL

Hot Stocks

17:01 EDT Castle Biosciences gets ADLT status for TissueCypher Barrett's esophagus test - Castle Biosciences "announced that the Centers for Medicare & Medicaid Services granted Advanced Diagnostic Laboratory Test status for the TissueCypher Barrett's Esophagus test, effective March 24, 2022. TissueCypher is Castle's prognostic test designed to predict future development of high-grade dysplasia and/or esophageal cancer in patients with Barrett's esophagus".
LULU

Hot Stocks

16:58 EDT Lululemon jumps 7% to $369.33 after FY22 guidance beats estimates
MU

Hot Stocks

16:54 EDT Micron continues to expect FY22 capital expenditures $11B-$12B - Says expects capex to be roughly even between the first and second half of fiscal year. Says remains confident in ability to generate significant free cash flow in the second half of the fiscal year, substantially higher than that in the first half. Says ending Q2 inventory was $5.4B.
MU

Hot Stocks

16:50 EDT Micron expects both DRAM, NAND gross margins to increase sequentially in Q3 - Sees Q3 gross margin 48% +/- 1%. Sees Q3 operating expenses $1.05B +/- $25M. Says improved fiscal year financial outlook is increasing variable compensation expenses, which will impact costs in Q3. Says seeing cost impacts from continuing inflationary pressures and from supply chain mitigation actions related to industry-wide shortages. Says due to the pull-in of cost reductions in Q2, expects more modest front-end cost reductions in Q3 on a sequential basis. Says a higher mix of NAND revenue in our consolidated total will affect consolidated gross margin, as DRAM gross margins are substantially higher than our NAND gross margins.
MU

Hot Stocks

16:46 EDT Micron says expects solid growth in DRAM, NAND content - Says mitigated lost output from Xian facility during COVID-19 lockdowns. Says lockdowns represent risk to semiconductor supply chain. Says Russia invasion of Ukraine also impacting global supply chain. Says the region is an important source for the global supply of noble gases and other critical minerals that are used in semiconductor manufacturing. Says currently does not expect any negative impact to near-term production volumes because of the Russia-Ukraine war, but expects an increase in costs as the company secures supply of certain raw materials that could be at risk. Says diversified supply chain over the year. Sees strong growth in SSD revenues for remainder of year. Comments taken from Q2 earnings conference call.
WE SFTBY

Hot Stocks

16:38 EDT WeWork appoints SoftBank partner to board, names Sandeep Mathrani chairman - WeWork (WE) announced that Saurabh Jalan, partner at SoftBank Group (SFTBY), has joined WeWork's board of directors. Jalan will bring his experience working with global technology platforms to WeWork's board of directors. Additionally, the board has appointed WeWork CEO Sandeep Mathrani to the position of chairman of the board; Mathrani has served on the board since he was appointed CEO of WeWork in February 2020.
SUNL

Hot Stocks

16:35 EDT Sunlight Financial names Rodney Yoder as new CFO - Sunlight Financial announced that Rodney Yoder has been appointed CFO, effective April 1, 2022. He succeeds current CFO Barry Edinburg, who will remain at the company as an advisor to ensure a smooth transition. Most recently, Mr. Yoder led Financial Analysis and Corporate Strategy at Barclaycard, where he developed expertise in global payments, private banking, and credit, while managing forecasting, risk management, and innovation strategies.
HESM

Hot Stocks

16:34 EDT Hess Midstream Partners signs accretive $400M sponsor unit repurchase - Hess Midstream announced the execution of a definitive agreement providing for the repurchase of $400M in Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream's sponsors. The terms of the proposed unit repurchase transaction were unanimously approved by the Board of Directors of Hess Midstream's general partner, based on the unanimous approval and recommendation of its conflicts committee composed solely of independent directors. "With today's announcement, we again demonstrate both our financial flexibility and our commitment to consistent and ongoing return of capital to our shareholders," said Jonathan Stein, CFO of Hess Midstream. "The unit repurchase transaction is expected to optimize our capital structure to our targeted 3.0x Debt/Adjusted EBITDA for full year 2022 and provide significant and immediate accretion to our shareholders. In addition, we expect to continue to have financial flexibility, including ongoing free cash flow after distributions, to allow for potential further incremental return of capital to shareholders in 2022."
RMO

Hot Stocks

16:33 EDT Romeo Power announces shipment of first Pedigree packs to key consumer - Romeo Power "announced that it has begun shipping the first production pedigree packs to a key customer that manufactures fully electric heavy-duty commercial vehicles. This successful production launch is the culmination of a custom pack development program using Romeo's off-the-shelf modules and battery management system. The 80 kWh packs were prototyped and manufactured in Romeo's 112,000 square foot factory in Vernon, California. Romeo will continue to expand production capacity for this and other customers in its new Cypress factory. Production is scheduled to commence in the new factory later this year with the transition from Vernon to Cypress expected to be completed during the third quarter of 2022."
CORZ

Hot Stocks

16:31 EDT Core Scientific sees FY22 hashrate of 40-42 EH/s - In 2022, the company "expects to achieve total hashrate of between 40 EH/s and 42 EH/s, with total power between 1,200 MW and 1,300 MW."
RH

Hot Stocks

16:29 EDT RH to execute 3-for-1 stock split - RH "announced that it intends to execute a 3-for-1 stock split with respect to its common stock. The Company believes that a stock split is appropriate in view of the substantial appreciation that has occurred in the share price since the 2012 initial public offering. Although a stock split does not change the value of the Company, we believe that a split should have a number of benefits, including the recruitment and retention of talent. The stock split is expected to be executed in the spring."
FLR

Hot Stocks

16:28 EDT Fluor gets final notice for Interstate 35E Phase 2 Project in Dallas - Fluor "announced that Lone Star Constructors, its joint venture with Austin Bridge & Road, has been granted final notice-to-proceed by the Texas Department of Transportation that releases the full contract value and positions the venture for construction to begin on Phase 2 in summer of 2022 for the Interstate 35E project from Interstate 635 in Dallas to the Denton County line in Carrollton, Texas. The Fluor-led team was initially awarded the contract for this project in July 2021. Fluor booked its share of the approximately $640 million contract value in the third quarter of 2021."
VRNT

Hot Stocks

16:26 EDT Verint sees Q4 EPS and revenue 'ahead of guidance'
DDD

Hot Stocks

16:20 EDT 3D Systems enters AM joint venture with Saudi Arabian Industrial Investments - 3D Systems and the Saudi Arabian Industrial Investments have signed an agreement intended to expand the use of additive manufacturing, or AM, within the Kingdom of Saudi Arabia and surrounding geographies, including the Middle East and North Africa. The announcement was made during a ceremony in Riyadh on March 29. The purpose of the new joint venture is to enable the development of Saudi Arabia's domestic additive manufacturing production capabilities, consistent with the Kingdom's 'Vision 2030,' which is focused on diversification of the economy and long-term sustainability. The Center for Innovation and Additive Manufacturing will initially focus on energy, with planned expansions into other industrial sectors as well as healthcare solutions. The joint venture follows a selection process in which 3D Systems was chosen due to its breadth of additive technology as well as depth of application expertise. Modeled upon 3D Systems' application development and advanced manufacturing sites located in Littleton, Colorado, and Leuven, Belgium, the new facility is expected to open in late 2022 and is meant to include a breadth of plastic and metal 3D printing technologies as well as 3D Systems application engineers who bring deep industry-specific expertise.
RDFN

Hot Stocks

16:18 EDT Redfin appoints Brad Singer to board of directors - Redfin announced Brad Singer has joined its board of directors. "Singer brings decades of business, finance and investment experience as a former partner and chief operating officer of ValueAct Capital. Prior to ValueAct Capital, Mr. Singer was the senior executive vice president and chief financial officer at Discovery Communications and chief financial officer & treasurer at American Tower. Before that, he was an investment banker at Goldman, Sachs & Co. Singer joins the board as long-time board member Bob Mylod prepares to step away to focus on other professional commitments. Mr. Mylod, who has served on Redfin's board for eight years, including as chair from 2016 to 2020, has decided not to stand for re-election at Redfin's 2022 annual shareholder meeting in June. He will leave the board when his term is complete at the end of the meeting," the company stated. "I am excited by Redfin's ambition to transform the consumer experience of renting, buying, and selling a home and its tremendous long-term growth potential. Redfin has thoughtfully constructed, with great discipline, a broad and deep portfolio of services and the operational and technological capabilities to expand its business and create substantial value for its customers. It is a privilege to join the board," added Singer.
MLKN

Hot Stocks

16:17 EDT MillerKnoll jumps 6% to $35.00 after reporting Q3 results, Q4 guidance
ALEC

Hot Stocks

16:16 EDT Alector appoints Gary Romano MD Chief Medical Officer - Alector announced the appointment of Gary Romano, M.D., Ph.D., as Chief Medical Officer. In this role, Romano will lead the company's global clinical development strategy, including oversight of the clinical development, clinical operations, biometrics and digital science, and medical affairs functions. Dr. Romano will report to Sara Kenkare-Mitra, Ph.D., President and Head of Research and Development of Alector. Dr. Romano's appointment is effective May 23.
NSC

Hot Stocks

16:16 EDT Norfolk Southern announces new $10B share repurchase program - Norfolk Southern announced that its Board of Directors has authorized a new program for the repurchase of up to $10B of its common stock beginning April 1. The company's current program will be terminated on March 31.
DAIO

Hot Stocks

16:14 EDT Data I/O says revenue shipments of about $1M tied up due to China COVID cases - The company states: "The Company operates in China through a wholly owned subsidiary, with manufacturing, administration, service and sales operations located in the city of Shanghai. According to published reports, outbreaks of the Omicron variant of COVID-19 in China led to a record-breaking level of new local COVID-19 cases that have so far this year exceeded the cases recorded in 2021. In recent weeks, new COVID cases have been reported in Beijing and Shanghai, as well as in the provinces of Guangdong, Jiangsu, Shandong and Zhejiang. In response, the Shanghai government announced further restrictions on operations that are expected to shut down our facility from March 29 through April 5. With the prior COVID restrictions and now the shutdown, revenue shipments of approximately $1 million are held up and delayed until the second quarter. Most of our Shanghai employees are working remotely providing technical support to our customers. Our operations in China have remained open since the onset of the COVID-19 pandemic approximately 2 years ago. We maintain remote working procedures for non-manufacturing and non-factory floor personnel in China. This does not, however, remove our responsibilities from operating safe workplaces, protecting our team members and communities, and abiding by local regulations. As such, some of our team members in China have been unable to report to work due to quarantine and travel restrictions. In addition, some key customers and supply chain partners are experiencing similar workplace challenges and are unable to deliver parts and equipment to us or accept our products that have been manufactured. The primary issue we are presently encountering in China is the quarantining and temporary closure or lockdowns of certain technology zones where our customers are located, as well as logistics issues due to freight forwarders' inability to pick up systems. This will in turn impact our revenue recognition, inventory and other financial performance measures. We have not received any requests to cancel orders to date and expect to deliver finished systems and other products as soon as the limitations are lifted. If required, we can move production to our Redmond facility; but we do not anticipate this will be required for these shipments."
MU

Hot Stocks

16:14 EDT Micron higher by 3.6% following Q2 earnings report
CHWY

Hot Stocks

16:12 EDT Chewy down 12% after Q4 sales miss expectations - Shares of Chewy are down $5.90, or 12%, to $45.13 in after-hours trading.
VRS

Hot Stocks

16:10 EDT Verso receives regulatory approval for merger with BillerudKorsnas AB - Verso announced it has received necessary approvals from the Nuclear Regulatory Commission and the Public Service Commission of Wisconsin to complete its previously announced merger with BillerudKorsnas AB. Verso has now received all regulatory approvals necessary to complete the merger. The transaction is expected to close on March 31.
RH

Hot Stocks

16:09 EDT RH CEO to exercise expiring IPO options - RH announced that Chairman & Chief Executive Officer Gary Friedman intends to sell approximately 1.7 million shares of common stock related to 2.9 million options that are set to expire in connection with the ten-year anniversary of the Company's initial public offering. Mr. Friedman plans to use the sale proceeds to fund the option exercise and satisfy the resulting tax obligations. Following the option exercise and sale, Mr. Friedman will retain beneficial ownership of approximately 5.7 million shares, representing approximately 21% of RH's common stock outstanding.
MLKN

Hot Stocks

16:08 EDT MillerKnoll says not fulfilling or accepting new orders from Russia, Belarus - The company said, "We are closely monitoring the tragic war in Ukraine, and we have centered our response on humanitarian efforts. Our Foundation is matching donations from our employees, dealers, and suppliers to organizations who are providing assistance on the ground. MillerKnoll is not fulfilling any existing orders or accepting new orders from Russia or Belarus at this time. As a safety measure, we have also stopped taking new orders and fulfilling orders in Ukraine. This region represents a small portion of our International Contract business. FY21 annual revenue was approximately $10 million. While we do not have manufacturing facilities or offices in the region, we have historically sold products to two dealers in Ukraine, two in Russia, and two in Belarus."
LULU

Hot Stocks

16:07 EDT Lululemon authorizes buyback for $1.0B - During 2021 the Company repurchased 2.2 million shares of its own common stock at an average price of $369.16 per share for a total cost of $812.6 million. As at January 30, 2022 the Company had $187.5 million of authorization remaining on its stock repurchase program. During the first quarter of fiscal 2022, the Company completed the remaining stock repurchases under this program. On March 23, 2022, the board of directors approved a new stock repurchase program for up to $1.0 billion of the Company's common shares.
VLNS

Hot Stocks

16:04 EDT VLNS Stock trading halted, news pending
BALY

Hot Stocks

15:53 EDT Gaming Arts enters five-year exclusive content agreement with Gamesys - Gaming Arts announced it has entered into a five-year exclusive content agreement with Gamesys, a Bally Corporation, to provide Gamesys with access to its full library of games for deployment into online, real money gaming worldwide. Under the agreement terms, Gamesys and Gaming Arts will work together to identify, convert and deliver titles from Gaming Arts library of casino slot games to all online real money gaming markets, in which Gamesys operates around the world. These games will be featured as part of Gamesys' online offering. The deal also calls for Gaming Arts to develop new games for Gamesys.
ATVI

Hot Stocks

15:21 EDT Activision Blizzard settlement with EEOC to be approved by federal court - This morning the federal court indicated it would approve Activision Blizzard's settlement with the EEOC. That settlement paves the way to compensate and make amends to eligible claimants. As part of the agreement with the EEOC, Activision agreed to: Create an $18 million fund to compensate eligible claimants. Continue enhancing policies, practices, and training to prevent harassment and discrimination in the workplace, including by implementing an expanded performance-review system. Engage a neutral, third-party equal employment opportunity consultant - a non-employee who must be approved by the EEOC - who will provide ongoing oversight of the company's compliance with the agreement. This independent consultant's findings will be reported directly to the EEOC and Activision Blizzard's board of directors. Hire an internal EEO coordinator with relevant experience in gender discrimination, harassment, and related retaliation to assist the company. Stacy Jackson began this position on March 16.
CLF

Hot Stocks

15:08 EDT Cleveland-Cliffs, Cleveland Cavaliers expand multi-year marketing agreement - The NBA Cleveland Cavaliers and Cleveland-Cliffs announced an expansion of their existing multi-year marketing agreement to put the Cliffs logo on the Cavs player uniforms beginning with the 2022-23 season. The announcement was made inside the Cliffs entrance of Rocket Mortgage FieldHouse in downtown Cleveland.
SPY...

Hot Stocks

15:01 EDT St. Louis Fed chief Bullard's says FOMC 'must now' increase 'policy rates' - James "Jim" Bullard, president and CEO of the Federal Reserve Bank of St. Louis, said in part, in a statement on Tuesday: afternoon . "During the COVID-19 recession, the Federal Open Market Committee or FOMC reduced the target range for the federal funds rate to near zero and began large purchases of U.S. Treasury securities and agency mortgage-backed securities. Although the recession ended nearly two years ago, U.S. monetary policy settings remain set near peak accommodation-with the policy rate only 0.25 percentage points higher now and the size of the Fed's balance sheet at nearly $9T...The FOMC must now follow through with policy rate increases and balance sheet runoff. Otherwise, we risk squandering policy credibility with respect to the 2% inflation target.In March, the FOMC decided to raise the policy rate from near zero with ongoing increases likely to be appropriate. Although the FOMC voted to increase the target range for the federal funds rate by 0.25 percentage points, I advocated an increase of 0.5 percentage points.2 Furthermore, the latest SEP indicated that the median FOMC participant is now projecting an even higher policy rate at the end of this year and the next two years than before. In particular, the median federal funds rate projection for 2022 is 1.9% in the latest SEP (compared with 0.9% in December) and 2.8% for both 2023 and 2024 (compared with 1.6% and 2.1%, respectively, in December). And as noted in the post-meeting statement and in Fed Chair Jerome Powell's press conference, the FOMC expects balance sheet reduction to start at a coming meeting." Reference Link
VIVO

Hot Stocks

14:50 EDT Meridian Bioscience announces launch of two new master mixes - Meridian Bioscience announced the launch of two new master mixes that detect DNA and RNA in crude blood samples down to a single copy, which it says enable "the earliest detection of cancer using non-invasive liquid biopsy." The company stated: "These two innovative mixes, Lyo-Ready Direct DNA qPCR Blood Mix and Lyo-Ready Direct RNA/DNA qPCR Blood Mix, are designed for applications that require ultra-sensitive detection, such as liquid biopsy. This breakthrough technology is the first blood-specific, inhibitor-tolerant, and lyophilizable chemistry that enables extraction-free qPCR/RT-qPCR for liquid biopsy analysis at a performance level on par with traditional qPCR from purified nucleic acids."
TJX

Hot Stocks

14:48 EDT TJX announces 13% increase in common stock dividend to 29.5c per share - TJX Companies announced that its board of directors has raised the amount of its quarterly dividend by 13% from the last dividend paid. The board declared a regular quarterly dividend in the amount of 29.5c per share, payable June 2 to shareholders of record on May 12. Ernie Herrman, CEO and President of The TJX Companies, stated, "I am pleased to report that our board of directors has approved a 13% increase in our quarterly dividend. This marks our 25th dividend increase over the last 26 years. Over this period, the company's dividend has grown at a compound annual rate of 21%. In addition, we plan to continue our significant share buyback program, with approximately $2.25 to $2.50 billion of repurchases planned for Fiscal 2023. These actions underscore our confidence in our ability to continue delivering profitable sales and strong cash flow, which enables us to simultaneously reinvest in the growth of the business and return significant value to our shareholders."
KR

Hot Stocks

14:23 EDT Kroger responds to Icahn's intent to nominate two director candidates - Kroger announced that Carl Icahn has submitted an intent to nominate two director candidates - Alexis C. Fox and Margarita Palau-Hernandez - to stand for election to the Kroger board of directors at the company's 2022 annual meeting of shareholders. In response, the company stated in part: "The Kroger Board and management team maintain regular communications with shareholders and other stakeholders on a range of matters, including those related to environmental, social and governance - ESG - matters, and welcome open engagement. Kroger noted that it heard from Mr. Icahn for the first time on Friday, March 25, 2022, only days before he submitted his intent to nominate two director candidates. During this conversation, Mr. Icahn voiced his concerns regarding animal welfare and the use of gestation crates in pork production. As America's grocer, Kroger is committed to providing fresh, affordable food for everyone. Responsible sourcing throughout our supply chain is embedded in how we operate and is of the highest importance to our company. While Kroger is not directly involved in raising or the processing of any animals, we are committed to helping protect the welfare of animals in our supply chain. Kroger has an established Responsible Sourcing Framework to clearly define our policies, requirements and practices, including our Animal Welfare Policy, which articulates our expectation that all suppliers will have transitioned away from gestation crates by 2025... Kroger works closely with our key suppliers to understand animal welfare topics and make progress together toward our commitments. We also engage and solicit feedback from internal and third-party animal welfare subject matter experts, advocacy groups, and customers to support our goals. The Corporate Governance Committee of Kroger's Board will review the proposed nominees in accordance with its governance policies and practices, and the Board will present its formal recommendations in its preliminary proxy statement."
NVST

Hot Stocks

13:58 EDT Envista CFO: Investor Day to be focused on longer-term picture - In a presentation earlier at the Piper Sandler Dental Day, Envista CFO Howard Yu said that the "world has changed a bit" since the company last provided FY revenue guidance with its Q4 earnings report. The company plans to provide an update "in the next month or so," but that the upcoming Investor Day is focused on the longer-term picture. Envista shares are down 3.3% to $48.89 in afternoon trading.
GSK...

Hot Stocks

13:45 EDT ViiV announces FDA approval of Cabenuva for virologically suppressed adolescents - ViiV Healthcare, the global specialist HIV company majority owned by GlaxoSmithKline (GSK) with Pfizer (PFE) and Shionogi B.V. (SGIOY) as shareholders, announced that the US Food and Drug Administration has approved Cabenuva for the treatment of HIV-1 in virologically suppressed adolescents who are 12 years of age or older and weigh at least 35kg on a stable antiretroviral regimen, with no history of treatment failure, and with no known or suspected resistance to either cabotegravir or rilpivirine. The regimen was co-developed as part of a collaboration with the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ). "This approval marks the first time a long-acting HIV treatment is available for the adolescent population, underscoring ViiV Healthcare's commitment to delivering options for young people living with HIV," the company stated.
PPL

Hot Stocks

13:44 EDT PPL says MA SJC dismissed appeal with prejudice, vacated previous stay - According to a regulatory filing, from PPL Corp: "as previously disclosed, on March 3 the Supreme Judicial Court for the Commonwealth of Massachusetts issued an order granting a stay of a waiver order that the Massachusetts Department of Public Utilities had issued granting a waiver of the MA DPU's jurisdiction over the sale by National Grid USA of its wholly-owned subsidiary, The Narragansett Electric Company, to PPL Rhode Island Holdings, an indirect wholly-owned subsidiary of PPL. On March 25, National Grid and the Attorney General of the commonwealth of Massachusetts filed with the Supreme Judicial Court a Joint Stipulation of Voluntary Dismissal of Appeal and Motion to Lift the Court's March 3, Order of Stay. On March 29, the Supreme Judicial Court issued an order dismissing the appeal with prejudice and vacating the stay that had been previously entered," said the company.
ACRX

Hot Stocks

13:12 EDT AcelRx announces publication of clinical data on nafamostat - AcelRx Pharmaceuticals announced the publication of comparative data between two different dialysis circuit anticoagulants in pediatric patients undergoing continuous renal replacement therapy. Nafamostat is a commonly used dialysis anticoagulant in South Korea and Japan where it has been approved for this indication for the past few decades, whereas regional citrate anticoagulation is commonly used in the EU and US, since nafamostat is not available commercially. RCA has the risk of citrate toxicity and involves a complex, labor-intensive dosing regimen and therefore there is an interest outside of Korea and Japan to develop nafamostat for dialysis circuit anticoagulation. AcelRx has recently acquired the Lowell Therapeutics nafamostat asset to develop it for use in any extracorporeal circuit, including the dialysis circuit. The article entitled "Comparison of Nafamostat Mesilate to Citrate Anticoagulation in Pediatric Continuous Kidney Replacement Therapy" was senior authored by Stuart Goldstein, MD, FAAP, FASN, FNKF and published in the journal Pediatric Nephrology. Dr. Goldstein holds the Clark D. West Endowed Chair and is Professor and Director of the Center for Acute Care Nephrology at the Cincinnati Children's Hospital Medical Center. While this study focuses on pediatric patients, the standard of care is similar between adult and pediatric populations. The study was a retrospective comparison of pediatric patients undergoing CRRT using nafamostat in a single center in Japan versus citrate in a single center in the US. Outcome measures included dialysis filter lifespan, incidence of bleeding and drug toxicity, and a cost comparison between the two anticoagulation methods was performed. A total of 158 patients were evaluated at both sites, demonstrating a number of key findings: Median filter life was longer for nafamostat but once corrected for key variables, the two groups appeared similar regarding this outcome; No differences in major or minor bleeding rates were observed; Citrate toxicity occurred in 14% of patients, whereas no toxicity events with nafamostat occurred; Citrate anticoagulation is over 3 times the cost of nafamostat; Study limitations include that dialysis protocols varied to some degree between sites, the nafamostat patients on average were younger and smaller, and half the nafamostat patients were concomitantly undergoing plasmapheresis. Dr. Mai Miyaji, the study's lead author, was a paid consultant for Lowell Therapeutics but was not compensated for this study. Neither Lowell nor AcelRx provided funding for the conduct of the study, nor did they have any input into the design of the study. Dr. Goldstein is not a paid consultant for Lowell or AcelRx.
KTOS

Hot Stocks

12:59 EDT Army Contracting Command to issue new contract to Kratos UAS with $95M ceiling - Army Contracting Command for the U.S. Army Program Executive Office for Simulation, Training and Instrumentation, in support of the Threat Systems Management Office, intends to issue a new contract to Kratos Unmanned Aerial Systems, or KUAS, on a sole source basis pursuant to only one responsible source who can meet the requirement, according to post to SAM.gov originally published on March 29. This new contract will have a ceiling of $95M, the notice stated. Reference Link
CVV

Hot Stocks

12:03 EDT CVD Equipment receives production system order valued at $1M - CVD Equipment announced that it has received an order for a production Plasma Enhanced Chemical Vapor Deposition system valued at approximately $1M. This system PECVD200 will be used for the production of discrete semiconductor devices on 200 mm wafers to support 5G Wireless technology. CVD plans to deliver this system before the end of this calendar year. "CVD continues to solidify its position in the growth and deposition of carbon materials and we are proud to have been selected to provide this system and technology as it is aligned with our strategic growth objectives of serving production application products," said Emmanuel Lakios, President and CEO of CVD Equipment Corporation.
INTC

Hot Stocks

12:03 EDT Intel, Arizona's MCCCD announce new AI incubator lab - Intel and Arizona's Maricopa County Community College District announced a new artificial intelligence incubator lab for students aspiring to land jobs in areas ranging from business to nursing to healthcare and other professions that increasingly draw on AI technology. The new AI incubator lab in Arizona, and the associate degree program it supports, is the first of its kind in the U.S.
V

Hot Stocks

12:02 EDT Visa, i2c partner for fintech processing in MENA region - i2c Inc. announced its partnership with Visa as fintech processor in the MENA region. Through this arrangement, fintechs in the region will be able to access Visa's global network as well as i2c's agile issuing and processing platform by tapping into the combined companies' suite of digital-first solutions and advanced payments technologies.
LABD

Hot Stocks

12:00 EDT Daily S&P Biotech Bear 3x Shares falls -11.2% - Daily S&P Biotech Bear 3x Shares is down -11.2%, or -$4.03 to $31.99.
BHIL

Hot Stocks

12:00 EDT Benson Hill falls -12.5% - Benson Hill is down -12.5%, or -50c to $3.50.
LLAP

Hot Stocks

12:00 EDT Terran Orbital falls -13.6% - Terran Orbital is down -13.6%, or -$1.61 to $10.19.
JOBY

Hot Stocks

12:00 EDT Joby Aviation rises 18.0% - Joby Aviation is up 18.0%, or $1.03 to $6.74.
NLSN

Hot Stocks

12:00 EDT Nielsen rises 20.6% - Nielsen is up 20.6%, or $4.58 to $26.79.
DNA

Hot Stocks

12:00 EDT Ginkgo Bioworks rises 22.2% - Ginkgo Bioworks is up 22.2%, or 83c to $4.57.
TSP

Hot Stocks

11:35 EDT TuSimple, Loadsmith partner for SAE L4 autonomous technology - TuSimple announced its partnership with Loadsmith to adopt, integrate and scale TuSimple's SAE L4 autonomous technology into their operations. Included within the agreement comes an initial reservation of 350 units of purpose-built SAE Level 4 autonomous trucks for operation on TuSimple's autonomous freight network in 2024.
GS

Hot Stocks

11:26 EDT Goldman Sachs to acquire NextCapital Group, terms not disclosed - The Goldman Sachs Group announced that Goldman Sachs Asset Management has entered into an agreement to acquire NextCapital Group. The transaction is expected to close in the second half of 2022, subject to regulatory and other approvals and conditions. The company said, "The transaction will accelerate the expansion of Goldman Sachs' services to the growing defined contribution market through personalized managed accounts and digital advice. NextCapital, based in Chicago, is an open-architecture digital retirement advice provider that partners with financial institutions across the United States to deliver personalized, customizable retirement planning and managed accounts through workplace retirement plans and individual retirement accounts. Its flexible, open-architecture platform enables clients, including asset managers, plan sponsors, advisors and recordkeepers, to meet individual investor demand for more digitalization, retirement income solutions, tailored strategies and insights. Together, the companies anticipate providing services to large retirement plans while working with platform clients in an open architecture approach." Upon closing of the transaction, NextCapital's platform is expected to become part of the Multi-Asset Solutions business of Goldman Sachs Asset Management. Led by Greg Calnon, the group has approximately $220B in assets under supervision. The NextCapital team will continue to be headquartered in Chicago. Reference Link
IGMS

Hot Stocks

11:14 EDT IGM Biosciences trading resumes
IGMS

Hot Stocks

11:09 EDT IGM Biosciences trading halted, volatility trading pause
PYXS

Hot Stocks

11:06 EDT Pyxis Oncology, Biosion enter license agreement for BSI-060T - Biosion announced that Biosion and Pyxis Oncology have entered into an agreement under which Pyxis Oncology will be granted an exclusive license to develop and commercialize Biosion's anti-Siglec-15 monoclonal antibody, BSI-060T, world-wide, excluding Greater China. Under the terms of the agreement, Biosion will receive a $10M up-front license fee from Pyxis Oncology. In addition to the up-front payment, Biosion has the potential to receive significant milestone payments for PYX-106, totaling up to $222.5M and single to low double-digit royalties on commercial sales. Pyxis Oncology plans on submitting the IND for PYX-106 to the FDA by the second half of 2022 and initiating a Phase 1 trial shortly thereafter. Under the agreement, Pyxis Oncology has the opportunity to license additional preclinical assets that target anti-Siglec-15 using other approaches to treatment.
KEYS

Hot Stocks

11:03 EDT Keysight selected by VTT to support open testing, integration facility - Keysight Technologies announced that VTT Technical Research Centre of Finland Ltd. has selected Keysight Open Radio Architect solutions to build an open testing and integration facility in support of an open radio access network ecosystem.
BLBD

Hot Stocks

11:02 EDT Blue Bird receives order for 30 electric school buses from Modesto City Schools - Blue Bird Corporation has received the single largest order of electric school buses from a school district in its history. Modesto City Schools in California purchased 30 zero-emission school buses. The order enables the school district to rapidly convert nearly 50% of its diesel-powered bus fleet to clean energy.
MSTR...

Hot Stocks

11:00 EDT MicroStrategy borrows $205M from Silvergate to buy more bitcoin - MicroStrategy (MSTR) disclosed earlier that on March 23 it entered into a credit and security agreement with Silvergate Bank (SI) pursuant to which the bank issued a $205M term loan to MicroStrategy. Under the terms of the agreement, MacroStrategy will use the loan proceeds to purchase bitcoins, to pay fees, interest, and expenses related to the loan transaction, or for general corporate purposes.
LHX

Hot Stocks

10:54 EDT L3Harris Technologies announces strategic partnership with Shield Capital - L3Harris Technologiesand venture capital firm Shield Capital announce they have formed a strategic partnership to "foster emerging defense and commercial technologies that address customers' growing requirements for innovative, agile solutions that can be rapidly fielded." "The agreement provides L3Harris access to disruptive innovators for technology transfer, teaming arrangements, direct investments or potential acquisitions and partnered contracts. Working with Shield Capital is part of the company's strategy to leverage third-party capabilities and make calculated investments to address customers' most urgent and difficult national security challenges," the company stated. Christopher Kubasik, Vice Chair and CEO, L3Harris, added: "Through internal and partnered efforts, we are assessing and pursuing the most meaningful solutions that will impact across domains and deliver compounding effects."
PFE...

Hot Stocks

10:44 EDT FDA authorizes second booster for older, immunocompromised Individuals - The Food and Drug Administration today authorized a second booster dose of either the Pfizer (PFE) - BioNTech (BNTX) or the Moderna (MRNA) COVID-19 vaccines for older people and certain immunocompromised individuals. The FDA previously authorized a single booster dose for certain immunocompromised individuals following completion of a three-dose primary vaccination series. "This action will now make a second booster dose of these vaccines available to other populations at higher risk for severe disease, hospitalization and death. Emerging evidence suggests that a second booster dose of an mRNA COVID-19 vaccine improves protection against severe COVID-19 and is not associated with new safety concerns," the agency said in a statement. A second booster dose of the Pfizer-BioNTech COVID-19 Vaccine or Moderna COVID-19 Vaccine may be administered to individuals 50 years of age and older at least four months after receipt of a first booster dose of any authorized or approved COVID-19 vaccine. A second booster dose of the Pfizer-BioNTech COVID-19 Vaccine may be administered to individuals 12 years of age and older with certain kinds of immunocompromise at least four months after receipt of a first booster dose of any authorized or approved COVID-19 vaccine. A second booster dose of the Moderna COVID-19 Vaccine may be administered at least four months after the first booster dose of any authorized or approved COVID-19 vaccine to individuals 18 years of age and older with the same certain kinds of immunocompromise. Reference Link
MRNA

Hot Stocks

10:43 EDT Moderna receives FDA approval for authorization of second COVID vaccine booster - Moderna, announced that it has received approval from the U.S. Food and Drug Administration for its amendment to the emergency use authorization, or EUA, to allow for a second booster dose of its COVID-19 vaccine, mRNA-1273, at the 50 B5g dose level in adults 50 years of age and older who have received an initial booster of any of the authorized or approved COVID-19 vaccines and adults 18 years of age and older with certain kinds of immunocompromise. "Moderna continues to collect and monitor real-world data on its COVID-19 vaccine. Real-world evidence continues to confirm the effectiveness and robust safety profile of the Moderna COVID-19 vaccine. Clinical trials are ongoing for Moderna's Omicron-specific booster, mRNA-1273.529, and a bivalent Omicron-specific booster, mRNA-1273.214," the company stated.
RLGY

Hot Stocks

10:41 EDT Realogy, Centerbridge launch title insurance underwriting joint venture - Title Resources Guaranty Company announced that it has received approval from the Texas Department of Insurance to form and fund its previously announced title underwriting joint venture with Centerbridge Partners, L.P. and Realogy Holdings Corp. As part of the transaction the stock of TRG, which conducts underwriting operations, is being contributed to a new holding company that will be jointly owned by the joint venture partners. Realogy will retain its title agencies in its Realogy Title Group division. The joint venture will accelerate TRG's profitable growth trajectory and help build on the company's strong momentum to date. Over the past 12 years, TRG has achieved a compound annual growth rate of approximately 15% in title premiums and 19% in statutory net income, while delivering superior customer capabilities and outcomes. TRG will continue to be led by Scott McCall, President and CEO, a role he has served in since 2009. As an independent entity from Realogy, TRG will have its own board of directors, chaired by Alan Colberg, former CEO of Assurant. Additional independent board members will be added over the coming months.
WLFC

Hot Stocks

10:39 EDT Willis Lease enters lease agreements with Transportes Aereos Guatemaltecos - Willis Lease Finance announced it has entered into lease agreements with Transportes Aereos Guatemaltecos for four ATR 72-500 aircraft. The five-year deal sees the aircraft overhauled and refurbished, fitted with new Pratt & Whitney Canada PW127M engines. In addition to the aircraft leases, TAG will be included in Willis Lease's ConstantThrust program. Under the agreement, program maintenance and care for the engines is overseen by Willis Lease, including providing spare engines when the need arises.
GTLS BKR

Hot Stocks

10:35 EDT Chart Industries receives $45M equipment order for BAHX assemblies, cold boxes - Chart Industries (GTLS) has received an order for the production of six brazed aluminum heat exchanger assemblies and cold boxes for Venture Global's 10 MTPA Plaquemines Phase 2 liquefied natural gas export terminal project. Chart booked the equipment order of $45M from Baker Hughes (BKR). This order is for the first six BAHX assemblies and cold boxes of the anticipated 18 BAHX assemblies and cold boxes for the full Plaquemines Phase 2 facility.
EMOTF

Hot Stocks

10:32 EDT Grizzly says Emerita runs 'bait & switch' scheme, stock setup for steep decline - In a recently publish report, Grizzly Research says that it believes Emerita Resources is "running a classic 'bait and switch' scheme, and the stock is setup for a steep decline after the rapid ascent. We carefully examined the operating history of EMO and found that none of their projects have come to fruition. We discovered multiple instances where it seems the company blatantly lied to investors to portray an unrealistic optimistic outlook." "The involvement of Forbes & Manhattan and Stan Bharti is a major red flag to us. Many Bharti-backed companies examine according to our research a pattern of misrepresentation and rapid stock movements that end badly for public shareholders. We believe EMO will be no different," the report reads. "We believe EMO will not be awarded the Aznalcollar Tender regardless of the outcome of the Tender appeal, as they simply lack the resources necessary to win the bid. Similarly, we believe that the IBW project will also fail. When we combine our insights with (Emerita)'s history of taking dilutive financing at steep discounts, we have a hard time seeing public shareholders succeed. We believe (Emerita)'s stock will soon retract to a sub 30 cent level." In morning trading, shares of Emerita Resources have dropped almost 6% to $2.05.Reference Link
PFE BNTX

Hot Stocks

10:32 EDT Pfizer receives FDA authorization for additional COVID vaccine booster - Pfizer (PFE) and BioNTech (BNTX) announced that the Food and Drug Administration has expanded the emergency use of their COVID-19 vaccine to include a second booster dose in adults ages 50 years and older who have previously received a first booster of any authorized COVID-19 vaccine. The FDA also has authorized a second booster dose for individuals 12 years of age and older who have been determined to have certain kinds of immunocompromise and who have received a first booster dose of any authorized COVID-19 vaccine. The additional booster is to be administered at least four months after the first booster and is the same formulation and strength as prior Pfizer-BioNTech COVID-19 vaccine doses.
LMT

Hot Stocks

10:24 EDT SpiderOak, Lockheed Martin Space enter cybersecurity collaboration - SpiderOak Mission Systems and Lockheed Martin Space's Mission Solutions business are developing and testing a zero-trust cybersecurity platform to secure data across the space data supply chain. The two companies have signed an agreement to field key components of the SpiderOak OrbitSecure platform. Lockheed Martin will use its extensive experience with end-to-end mission operations for orbital satellite systems to support the full integration of the new OrbitSecure technology into practical satellite management. SpiderOak will work with Lockheed Martin in adapting SpiderOak's commercial technology to new uses for potential military and intelligence community satellite operators.
HCCI

Hot Stocks

10:20 EDT Battelle, Heritage-Crystal Clean partner on PFAS destruction technology - Heritage-Crystal Clean and Battelle will join forces to tackle the removal and destruction of per- and polyfluoroalkyl substances from wastewater. Battelle has chosen Heritage-Crystal Clean as its partner to use, market and service Battelle's PFAS destruction technology for commercial applications. Crystal Clean will use these key technologies in its own wastewater treatment plants and at third party landfills, wastewater treatment plants, and other commercial applications. Crystal Clean also will work collaboratively with Battelle for use of the technology at other sites and for other applications.
AMRC

Hot Stocks

10:18 EDT Ameresco selected as partner in Bristol City Leap project - Ameresco announced that its subsidiary, Ameresco Ltd., has been selected as a partner in the Bristol City Leap project, a 20-year concession to decarbonize the city. In partnership with numerous City of Bristol stakeholders, Ameresco, in collaboration with Vattenfall Heat UK, will work through a unique public private partnership structure to provide services including energy efficiency upgrades, wind and solar services, project financing, long-term operation and maintenance and more. The Bristol City Leap project is intended to operate over a 20-year term, targeting net zero goals through a series of energy and infrastructure investment opportunities, attracting approximately GBP 1 billion of inward investment.
BSGM

Hot Stocks

10:15 EDT BioSig partners with Summit Blue Capital on equipment, leasing services - BioSig Technologies announced a new partnership agreement with Summit Blue Capital for implementing a leasing and finance program for the Company's PURE EP System.
SNX

Hot Stocks

10:01 EDT TD Synnex announces medium-term targets, including revenue growth CAGR 6%-7% - TD SYNNEX (NYSE: SNX), a leading global distributor and solutions aggregator for the IT ecosystem, will host its virtual Investor Day today beginning at 11:00 a.m. EDT. In conjunction with the event, the company is also unveiling its medium-term financial outlook. Over the medium-term, which is defined as the next three to four years, the company expects to achieve: Revenue growth of 6%-7% at a compounded annual growth rate; Total shareholder return of 15%-20% Non-GAAP operating margin of approximately 3%.
IPI

Hot Stocks

10:00 EDT Intrepid Potash falls -11.2% - Intrepid Potash is down -11.2%, or -$9.42 to $74.94.
LXU

Hot Stocks

10:00 EDT LSB Industries falls -12.3% - LSB Industries is down -12.3%, or -$2.83 to $20.17.
CF

Hot Stocks

10:00 EDT CF Industries falls -13.4% - CF Industries is down -13.4%, or -$14.12 to $91.00.
EPAM

Hot Stocks

10:00 EDT Epam Systems rises 15.7% - Epam Systems is up 15.7%, or $43.34 to $318.53.
DNA

Hot Stocks

10:00 EDT Ginkgo Bioworks rises 15.8% - Ginkgo Bioworks is up 15.8%, or 59c to $4.33.
NLSN

Hot Stocks

10:00 EDT Nielsen rises 21.5% - Nielsen is up 21.5%, or $4.78 to $26.99.
NEXI

Hot Stocks

09:58 EDT Neximmune up 10% after Verstandig buys $750K in shares - Shares of Neximmune are up 32c, or 10%, to $3.56 in early trading after a regulatory filing last night showed that director Grant Verstandig bought 190,600 shares in purchase made between March 24 and March 28 with a total transaction value of about $750,000. Reference Link
BTU

Hot Stocks

09:47 EDT Peabody Energy falls -9.1% - Peabody Energy is down -9.1%, or -$2.22 to $22.21.
CF

Hot Stocks

09:47 EDT CF Industries falls -9.4% - CF Industries is down -9.4%, or -$9.88 to $95.25.
ZEV

Hot Stocks

09:47 EDT Lightning eMotors falls -9.8% - Lightning eMotors is down -9.8%, or -56c to $5.10.
SSU

Hot Stocks

09:47 EDT SIGNA Sports United rises 16.2% - SIGNA Sports United is up 16.2%, or $1.16 to $8.33.
DNA

Hot Stocks

09:47 EDT Ginkgo Bioworks rises 16.2% - Ginkgo Bioworks is up 16.2%, or 60c to $4.34.
NLSN

Hot Stocks

09:47 EDT Nielsen rises 21.7% - Nielsen is up 21.7%, or $4.82 to $27.03.
TH

Hot Stocks

09:46 EDT Target Hospitality Corp trading resumes
JNJ

Hot Stocks

09:45 EDT Johnson & Johnson suspends supply of personal care products in Russia - "The war in Ukraine has resulted in a devastating humanitarian crisis," Johnson & Johnson said in a statement. The company added, "In early March, we suspended all advertising, enrollment in clinical trials, and any additional investment in Russia. Now, due to the increasing scale of the humanitarian crisis, we are taking these additional actions...We have decided to suspend supply of our personal care products in Russia. We remain steadfast in our support - inclusive of job security, transport, lodging and financial assistance - for our employees and their families in Ukraine. Above all, we continue to hope for rapid resolution, and we will continue to monitor the need for additional humanitarian relief." Reference Link
ALLG

Hot Stocks

09:45 EDT Spartan Acquisition III Corp trading resumes
AMC

Hot Stocks

09:43 EDT AMC Entertainment trading resumes
GME

Hot Stocks

09:42 EDT GameStop trading resumes
ALLG

Hot Stocks

09:39 EDT Spartan Acquisition III Corp trading halted, volatility trading pause
AMC

Hot Stocks

09:38 EDT AMC Entertainment trading halted, volatility trading pause
GME

Hot Stocks

09:37 EDT GameStop trading halted, volatility trading pause
TH

Hot Stocks

09:36 EDT Target Hospitality Corp trading halted, volatility trading pause
FLDM

Hot Stocks

09:31 EDT Fluidigm announces support agreement with Caligan Partners - Fluidigm Corporation announced that it has entered into a support agreement with Caligan Partners, Fluidigm's current largest holder of common stock, under which Caligan has agreed to vote "FOR" all Fluidigm proposals related to the proposed strategic capital infusion transaction with Casdin Capital and Viking Global Investors at Fluidigm's Special Meeting of Stockholders, which has been adjourned and will reconvene on April 1, 2022. In connection with the support agreement, the Fluidigm Board of Directors will appoint Dr. Frank Witney, a veteran life sciences industry executive with deep operational expertise and a director candidate recommended by Caligan, as a director on Fluidigm's Board, conditioned upon successful closing of the transaction. In connection with the appointment of Dr. Witney, the Fluidigm Board will be expanded to eight directors. The Board reminds all stockholders that the parties will terminate the purchase agreements with Casdin and Viking if Fluidigm stockholders do not approve the matters presented at the Special Meeting. he Board unanimously recommends that stockholders vote "FOR" all Proposals at the Special Meeting.
VINO

Hot Stocks

09:25 EDT Gaucho - Buenos Aires acquires domain name Guacho.com - Gaucho - Buenos Aires announces the name change of it web address to Gaucho.com. The company made the strategic decision to revise its existing domain "gauchobuenosaires.com" to gaucho.com because as one of the first things its visitors see, the domain better defines its brand, can increase overall awareness, and reach more customers searching for the common term. The new domain name ads credibility to the brand itself, as well as its website, and may increase click-through rate and boost search traffic.
DSX

Hot Stocks

09:24 EDT Diana Shipping announces delivery, sale, leaseback of m/v Florida - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v Florida, a 2022 Japanese new-building Capesize dry bulk vessel that the Company entered into an agreement to purchase in December 2021. As previously announced, the Company, through a separate wholly-owned subsidiary, simultaneously entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the m/v Florida. As part of the agreement, the Company will bareboat charter-in the vessel for a period of ten years at $13,500 per day. Currently, the m/v Florida is time chartered to Bunge S.A., Geneva, at a gross charter rate of $25,900 per day, minus a 5% commission paid to third parties, for a period of minimum fifty-eight months to maximum sixty-two months.
LIVC

Hot Stocks

09:23 EDT Live Current Media announces additional convertible debenture financing - Live Current Media announces that it has closed an additional tranche of convertible debenture financing pursuant to which the Company has received $886,000 and issued a Debenture with a face value of $956,880. This brings the total financing completed by the Company via convertible debt in the past quarter to $3,386,000. The proceeds will be put towards development and marketing of the Kast video streaming platform as per the recently announced merger agreement with Evasyst. The Debenture carries interest of 4% per annum and a term of 24 months. At the option of the holder, the Debenture is convertible into common shares of the Company at $0.34 per share at any time up until maturity and the Company has the right to repay the Debenture at any time until maturity. The Debenture includes a 5-year, three quarter warrant with a $0.60 exercise price.
LKCO

Hot Stocks

09:21 EDT Luokung Technology to acquire Beijing Hongda Jiutong, terms not disclosed - Luokung Technology announced the signing of an agreement pursuant to which the company's operating affiliate, Beijing Zhong Chuan Shi Xun Technology Limited, has agreed to acquire Beijing Hongda Jiutong Technology Development Co., Ltd. The company expects to close this transaction by the end of the second quarter.
SSYS LMT

Hot Stocks

09:21 EDT Stratasys teams with Lockheed to qualify material for space/aviation parts - Stratasys (SSYS), announced that it is providing the public with baseline material qualification data for Antero 840CN03 filament material in collaboration with Lockheed Martin (LMT) and Metropolitan State University of Denver. The release of this qualification data allows those in the industry to use the material for additively manufactured aerospace parts, such as those on the Orion spacecraft, using Stratasys production-grade 3D printers. "We want to demonstrate a new model for how industry, manufacturers and academia can collaborate to gather and release material qualification data that helps accelerate the adoption of additive manufacturing across the aerospace industry," said Foster Ferguson, Director of Aerospace for Stratasys. Designed for space-ready performance, Antero 840CN03 is a blended and functionalized PEKK-based high-performance, ESD thermoplastic composite material developed specifically for production-grade Stratasys FDM 3D printers that meets ESD performance and NASA outgassing requirements while also exceeding the flame, smoke, and toxicity FST characteristics required for aviation applications.
CHRS

Hot Stocks

09:20 EDT Coherus Biosciences introduces 2026 revenue target of $1.2B in annual net sales - Chief Financial Officer, McDavid Stilwell, is presenting an overview of the Company's cost structure as well as a projected range of annual net sales for 2026. Coherus projects combined R&D and SG&A expenses in 2022 to be in the range of $415 million to $450 million, excluding license fee and potential milestone payments to partner Junshi Biosciences. The projected increase in combined R&D and SG&A expenses compared to 2021 is driven primarily by costs the Company expects to incur with the anticipated launches of two new products, toripalimab and CIMERLI, as well as manufacturing and development costs for additional presentations of UDENYCA and of YUSIMRY, which Coherus is planning to launch in 2023. Since Coherus' commercial organization is already operating at scale, Coherus expects additional new product launches will largely leverage existing infrastructure, with some additional capabilities added to support launches outside of oncology. R&D expenses are expected to trend higher from 2024 through 2026 as Coherus initiates new clinical trials for CHS-006, CHS-1000 and CHS-3318. Full year 2026 operating expenses are expected to increase by only 15 to 25 percent compared to 2022 operating expenses. Mr. Stilwell is also providing an estimate of the long-term revenue potential of the Company's diversified product portfolio, assuming all four new products are approved and launched, with a range for 2026 net sales of $1.2 billion to $2.2 billion.
CHRS

Hot Stocks

09:20 EDT Coherus announces multiple near-term anticipated product launches - Coherus BioSciences is hosting a meeting with analysts and investors to present the Company's corporate strategy to build a leading innovative immuno-oncology franchise funded with cash generated through net sales of its diversified portfolio of FDA-approved therapeutics. At the meeting, Theresa LaVallee, PhD, Chief Development Officer, is providing an update on the Company's clinical stage immuno-oncology R&D programs. Toripalimab was granted Breakthrough Therapy designation in combination with chemotherapy for the first-line treatment of recurrent or metastatic NPC in 2021 as well as in monotherapy in the second or third-line treatment of recurrent or metastatic NPC, and a Biologics License Application for these indications is currently under priority review by the United States Food and Drug Administration with a Prescription Drug User Fee Act target action date of April 30, 2022. Coherus and partner Junshi Biosciences are working closely with the FDA to complete the review process including the scheduling of any required inspections in China. Dr. LaVallee is also presenting details about the potential to pursue additional indications for toripalimab, including through possible expansion of several ongoing pivotal studies into multi-regional clinical trials with enrollment of patients in the United States. Dr. LaVallee and Dr. Sanjay Khare, Senior Vice President of Immuno-oncology R&D, are presenting, for the first time, an overview of Coherus' earlier stage immuno-oncology R&D programs: CHS-006 is being evaluated in an ongoing clinical trial. In 2023, Coherus expects to receive clinical data informing dose-selection and is planning to enroll new patient cohorts in the United States to evaluate CHS-006 + toripalimab for treatment of several solid tumor indications that may include non-small cell lung cancer, small cell lung cancer, esophageal cancer, and hepatocellular carcinoma. Coherus is pursuing two early-stage development candidates designed to improve anti-PD-1 clinical benefit by transforming an unfavorable tumor microenvironment to a more favorable TME. Coherus expects to file investigational new drug applications with the FDA in 2023 for CHS-1000, an antibody targeting ILT4, and in 2024 for CHS-3318, an antibody targeting CCR8. Coherus expects its immuno-oncology R&D investments will lead to ongoing identification of promising pipeline assets and the submission of at least one new IND application for immuno-oncology development candidates per year beginning in 2023. Paul Reider, Chief Commercial Officer, is presenting an overview of the Company's plans for up to four new product launches in the next 15 months. Toripalimab launch readiness is on track and will benefit from the high overlap in customer accounts between UDENYCA and toripalimab. If approved, toripalimab will be the first and only PD-1 inhibitor registered in the United States for the treatment of advanced nasopharyngeal carcinoma. CIMERLI, a Lucentis biosimilar, is under FDA review with a target action date of August 2, 2022. If approved, Coherus is preparing to launch CIMERLITM in the second half of 2022 into the $8B anti VEGF market and to drive adoption among retina specialists that the Company believes will be receptive to using an anti-VEGF biosimilar. The FDA approved Coherus' Humira biosimilar, YUSIMRY, in December 2021, and Coherus plans to launch YUSIMRY in the United States on or after July 1, 2023. With projected 2022 U.S. Humira net sales of more than $18 billion, the Humira market represents a uniquely large and attractive opportunity. Coherus has made significant investments in manufacturing capacity and expects to be a low-cost, high-volume adalimumab manufacturer. Coherus expects this investment to result in launch-year manufacturing capacity of approximately 1.2 million units, or about 10% of the overall adalimumab market, equal to the Company's target market share. After additional YUSIMRY scale-up efforts, the current manufacturing site has the potential to supply as much as 30% of the overall U.S. adalimumab market, three times Coherus' target market share. Coherus is planning a potential 2023 launch, assuming approval by the FDA, of its UDENYCA on-body injector presentation. The UDENYCA OBI would enable Coherus to compete directly against Neulasta Onpro, which has approximately a 50% share of the overall pegfilgrastim market. Coherus believes the on-body segment of the pegfilgrastim market represents a $1 billion market opportunity and that a UDENYCA OBI would generate significant new growth for the UDENYCA franchise in 2023 and beyond.
TYL

Hot Stocks

09:19 EDT Tyler Technologies announces extension of contract in Mississippi - Tyler Technologies announced that the state of Mississippi has extended its contract for Tyler's digital government and payments services. The two-year extension builds upon the existing 11-year relationship with Tyler's subsidiary, NIC.
AZO

Hot Stocks

09:18 EDT AutoZone, Lectron announce retail partnership - Lectron, an electric vehicle charging brand, has entered a retail partnership with AutoZone in a bid to make electric vehicle charging more accessible to consumers. AutoZone now carries a wide selection of Lectron products on its website, including chargers, charging stations, and adapters. Lectron has a reputation for bringing quality and affordability to the EV charging space. The move by AutoZone makes Lectron its most widely available EV charging provider.
BRDS

Hot Stocks

09:16 EDT Bird gets approval to expand service in NY City and Washington, D.C. - Bird Global announced the company received approval to double its shared e-scooter fleet size in New York City. Bird also announced it will scale its e-mobility service in Washington, D.C. by more than 20%. The expansion announcement comes as daily average ridership of Bird e-scooters in New York City increased by nearly 70% in March compared to February and as NYC DOT plans to move into Phase II of its e-scooter pilot. Phase II will double the program's footprint in the Bronx to serve an increased number of residents and visitors. "This administration is committed to reducing our dependency on automobiles and more equitably delivering services across the five boroughs," said Commissioner Ydanis Rodriguez. "Our e-scooter pilot in the Bronx has been a remarkable success and we're excited to bring it to even more residents in need of alternate forms of transportation."
CBOE

Hot Stocks

09:16 EDT Cboe Global Markets names Tim Lipscomb as Chief Technology Officer - Cboe Global Markets announced two senior executive promotions that will further accelerate the company's growth as it continues to advance on its global expansion strategy. These promotions include the appointments of Tim Lipscomb as Senior Vice President, Chief Technology Officer, and Stephanie Renner as Senior Vice President, International Finance. As Chief Technology Officer, Lipscomb, currently COO of Cboe Europe, will lead Cboe's technology strategy, innovation and integration efforts globally, including overseeing all of Cboe's exchange, data and clearing platforms. In her new role, Renner, currently CFO of Cboe Europe, will lead all of Cboe's non-U.S. finance functions, overseeing the company's Canadian, European and Asia Pacific financial operations, planning, analysis and reporting. Both executives will relocate from London to Kansas City to assume their new positions.
DTE LYFT

Hot Stocks

09:16 EDT DTE Energy, Lyft partner to make electric vehicles more accessible - DTE Energy (DTE) announced a partnership with Lyft (LYFT) to incentivize drivers in its electric service territory who purchase or lease an electric vehicle for use on the Lyft network. Administered through DTE's Charging Forward program, this partnership provides equitable access of EVs to all, while bringing cleaner energy to Southeast Michigan. DTE is investing over $1 billion annually to improve electric reliability and to help build the grid of the future with increased capacity for growing EV adoption. The company is committed to educating DTE customers on the benefits of EVs and reducing charger and EV access barriers for all. DTE is providing $2,000 of the incentive as a rebate for the purchase or lease of an EV when drivers apply and are accepted into the program. The remainder will be distributed equally in four quarterly payments of $750, up to a total of $5,000 with the rebate, if the driver completes 200 rides per quarter. This is the newest component of DTE's Charging Forward program that began by offering charger rebates to customers and is now expanding into the ride-hailing space. The DTE Lyft partner program is currently open and eligible drivers residing in DTE Electric service territory should apply by September 30, 2022.
EDSA

Hot Stocks

09:14 EDT Edesa Biotech appoints Jennifer Chao to board of directors - Edesa Biotech announced the appointment of Jennifer Chao to the company's Board of Directors. She is the founder of CoreStrategies Management, LLC, which provides corporate and financial consulting to biotech and life sciences companies.
BASFY SCS

Hot Stocks

09:11 EDT BASF, Steelcase collaborate on Flex Perch Stool - BASF and Steelcase have collaborated on Steelcase's new Flex Perch Stool, which has sustainability and circularity at the forefront of its design. This is the first furniture product for Steelcase that uses plastics derived from a chemical or advanced recycling process. The stool is made with BASF's Ultramid B3EG6 Ccycled, an injection moldable polyamide 6 that utilizes a material from a waste stream generated during electronics production and is a one-for-one replacement for the 100% fossil derived plastics.
MLSS

Hot Stocks

09:11 EDT Milestone commences sales of CompuFlo Epidural at two pain clinics - Milestone Scientific announced that it has commenced sales of the CompuFlo Epidural disposables at the Cypress Surgery Center in Santa Maria, California and the Galileo Surgery Center in San Luis Obispo. Both of these prominent pain management practices are located in California and owned by Pain Management Specialists. Arjan Haverhals, CEO and president of Milestone Scientific, stated, "We continue to expand sales of our CompuFlo Epidural system within pain clinics across the U.S. The selection of our technology by these two clinics follows successful evaluation, reinforcing the safety, economic and efficiency benefits, as well as the improved patient experience."
CVV

Hot Stocks

09:11 EDT CVD Equipment gets CVD/ALD system order from Georgia Institute of Technology - CVD Equipment announced that it has received a CVD/ALD system order from Georgia Institute of Technology. This system will be used to coat powders with high performance nanomaterials for electric vehicle battery applications. CVD Equipment plans to design and manufacture the system as a standard product platform to coat powders for Research and Development which can be scaled for pilot production. This system features a tumbling bed to coat powders uniformly and will have the capability of both chemical vapor deposition and atomic layer deposition processes. ALD is a thin film deposition process that allows for atomic layer thickness resolution, excellent conformity of high aspect ratio surfaces, and pinhole-free layers. This is achieved by the sequential formation of atomic layers in a self-limiting reaction. As EV battery technology moves from R&D to production, CVD Equipment Corporation is well positioned to support its customers with turnkey equipment solutions enabling cost effective manufacturing of EV electrode materials. Coating powders with carbon, silicon nanowires, and emerging nanomaterials provide opportunities to improve battery performance and decrease costs per kWh. "CVD is pleased to receive this order and we are excited to have been awarded this order as we continue to focus on growing our market presence in the lithium-ion battery and electric vehicle emerging markets," said Emmanuel Lakios, President and CEO of CVD Equipment Corporation.
CVV

Hot Stocks

09:11 EDT CVD Equipment gets CVD/ALD system order from Georgia Institute of Technology - CVD Equipment announced that it has received a CVD/ALD system order from Georgia Institute of Technology. This system will be used to coat powders with high performance nanomaterials for electric vehicle battery applications. CVD Equipment plans to design and manufacture the system as a standard product platform to coat powders for Research and Development which can be scaled for pilot production. This system features a tumbling bed to coat powders uniformly and will have the capability of both chemical vapor deposition and atomic layer deposition processes. ALD is a thin film deposition process that allows for atomic layer thickness resolution, excellent conformity of high aspect ratio surfaces, and pinhole-free layers. This is achieved by the sequential formation of atomic layers in a self-limiting reaction. As EV battery technology moves from R&D to production, CVD Equipment Corporation is well positioned to support its customers with turnkey equipment solutions enabling cost effective manufacturing of EV electrode materials. Coating powders with carbon, silicon nanowires, and emerging nanomaterials provide opportunities to improve battery performance and decrease costs per kWh. "CVD is pleased to receive this order and we are excited to have been awarded this order as we continue to focus on growing our market presence in the lithium-ion battery and electric vehicle emerging markets," said Emmanuel Lakios, President and CEO of CVD Equipment Corporation.
SOFO

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09:10 EDT Sonic Foundry announce Vidable, Global Learning Exchange initiatives - Sonic Foundry announced that the company is entering into two high growth markets during its Shareholder's Meeting which was held on March 10, 2022. Joe Mozden Jr., CEO, summarized company performance to date and outlined new and upcoming plans including two new company initiatives: Vidable and Global Learning Exchange. With a 30-year history developing the best video capture solutions in the market, these new initiatives will solve the current, real-world challenges with the massive creation and consumption of video, from enterprise to higher education. Bessemer Venture Partners recently forecast a greater than 20% annual growth rate in the global video streaming market from 2020-27. This video boom is becoming untenable for most organizations, its power lost to the inability to efficiently create, enhance and deliver quality enterprise video. Vidable, Sonic Foundry's AI-enabled video platform, addresses these timely issues by empowering organizations to effectively leverage their growing video libraries as a seamless solution to create, edit, manage, and host all video content. Vidable is powered by more than one hundred AI-automated data and video enrichment technologies that are easy-to-use and can be applied to any video regardless of source and leveraged by any organization in any category. Additionally, Vidable generates deep insights into how the content is being viewed and valued, providing data insights that customers can act on immediately to drive value from decision making throughout their organizations. The Global Learning Exchange will enable highly motivated students around the world to attain life changing opportunities and careers through access to world class higher education in a flexible, cost effective, and locally supported environment.
VRME

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09:09 EDT VerifyMe announces largest brand protection order to date - VerifyMe announced that it has received a follow-on order for approximately five million VerifyMe technology-enabled product labels from a cannabis related client. The client has added additional brand protection features enhancing product security on this new order, scheduled for delivery in the second quarter. Dynamic VerifyMe codes allow consumers to authenticate the product and receive detailed product-specific information using their smartphones.
CEVA STM

Hot Stocks

09:09 EDT Ceva, STMicroelectronics, Wacom collaborate to enhance digital pens - CEVA (CEVA) and an ST Authorized Partner, together with STMicroelectronics (STM) and Wacom announced their collaboration to develop an enhanced digital pen experience with a new, wireless sensor module that extends the digital pen's functionality through advanced gesture, cursor, and motion control. The combined effort leverages the specialized capabilities of the three companies to create an advanced, sensor-enabled digital pen that can be adopted by OEMs to add value to their smartphone, tablet, notebook, PC, interactive whiteboard or other smart-display products. The "Active ES Rear IMU Module" combines Wacom's digital pen technology together with a custom version of ST's low-power 6-axis Inertial Measurement Unit sensor and Bluetooth Low Energy System-on-Chip, along with CEVA's MotionEngine Air motion-control software. The result is a low-power, highly compact design suitable for integration into any digital pen form factor.
SSYS LMT

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09:09 EDT Stratasys teams with Lockheed to qualify material for spaceaviation parts - Stratasys (SSYS), announced that it is providing the public with baseline material qualification data for Antero 840CN03 filament material in collaboration with Lockheed Martin (LMT) and Metropolitan State University of Denver. The release of this qualification data allows those in the industry to use the material for additively manufactured aerospace parts, such as those on the Orion spacecraft, using Stratasys production-grade 3D printers. "We want to demonstrate a new model for how industry, manufacturers and academia can collaborate to gather and release material qualification data that helps accelerate the adoption of additive manufacturing across the aerospace industry," said Foster Ferguson, Director of Aerospace for Stratasys. Designed for space-ready performance, Antero 840CN03 is a blended and functionalized PEKK-based high-performance, ESD thermoplastic composite material developed specifically for production-grade Stratasys FDM 3D printers that meets ESD performance and NASA outgassing requirements while also exceeding the flame, smoke, and toxicity FST characteristics required for aviation applications.
HUBS

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09:08 EDT HubSpot partners with Pipe to help fund startups - HubSpot announced its partnership with alternative financing platform Pipe in which Pipe will provide access to a total of $100M in fee-free funding for HubSpot for Startups customers, while Pipe customers will receive a 30% discount on HubSpot's CRM Suite. The partnership enables startups to pursue business growth with HubSpot's market-leading CRM platform while accessing growth capital through Pipe.
HOOD

Hot Stocks

09:08 EDT Robinhood extending trading hours to 7 a.m. to 8 p.m ET - Robinhood stated in a post to its corporate blog: Robinhood was built to revolutionize the markets and bring more people into our financial system. That's why Robinhood is working towards offering 24/7 investing - giving customers unprecedented access to the financial markets. In the future, when not beholden to traditional hours, retail investors will be able to invest more on their own terms and timelines, regardless of time of day or week. As an important step towards 24/7 equities investing, we're launching new extended hours that will allow customers to trade from 7 a.m. to 8 p.m. ET. By expanding pre-market trading to 7 a.m. from 9 a.m. ET and after-hours trading to 8 p.m. ET, we're adding an extra four hours for orders to be filled." Reference Link
AVDX

Hot Stocks

09:08 EDT AvidXchange completes first stage of Wi-Fi infrastructure project in Charlotte - AvidXchange Holdings announced the completion of the first stage of a Wi-Fi infrastructure project that helps facilitate free Wi-Fi access to residents in the West End of Charlotte, N.C. This stage was completed in partnership with the City of Charlotte and Tech Rising, an initiative spearheaded by the AvidXchange Foundation that aims to remove barriers to technology education and resources for youth and young adults. A gigabit fiber connection is now established on the roof of AvidXchange headquarters via a newly placed antennae and extends to both the Camp North End Water Tower and the Water Tower off Beatties Ford Road. This set-up allows for free, high-speed internet access at a pocket park in the Beatties Ford Road Corridor of Opportunity and future expansion in other areas along that Corridor and the Graham Street Corridor.
SNOW AMZN

Hot Stocks

09:08 EDT Snowflake extends relationship with AWS - Snowflake (SNOW) announced an extension of its relationship with Amazon Web Services (AMZN), or AWS, to improve demand forecasting and delivery for the retail and consumer packaged goods industries. This latest development will offer customers the ability to receive Amazon purchase order data and leverage product demand forecast data generated by Amazon Forecast within Snowflake's Retail Data Cloud.
NDAQ

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09:06 EDT Nasdaq appoints Oliver Albers as EVP, Head of Investment Intelligence - Nasdaq announced that Oliver Albers has been appointed Executive Vice President, EVP, Head of Investment Intelligence. Albers, who is currently the Senior Vice President, Global Head of Data for the Investment Intelligence business, will lead the strategic direction of the group to drive the next phase of growth across Nasdaq's data, index and analytics offerings. Lauren Dillard, Executive Vice President, Head of Investment Intelligence, has resigned to take an executive role at a private equity firm.
CTSDF

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09:06 EDT Converge Technology appoints Richard Lecoutre as CFO - Converge Technology Solutions is pleased to announce the appointment of Richard Lecoutre to the Company's Senior Leadership team as Chief Financial Officer. Richard is currently serving as Finance Director at Softcat PLC where he is responsible for all finance operations.
ZI

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09:05 EDT ZoomInfo open office in India - ZoomInfo announced it has expanded its international presence with the opening of its first physical office in India. With its new office in Chennai, ZoomInfo will provide space for its India-based employees to work in a collaborative environment, in the heart of India's thriving tech scene.
TPTX SRNE

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09:04 EDT Turning Point Therapeutics appoints Sun as incoming General Counsel - Turning Point Therapeutics (TPTX) announced the appointment of Brian Sun, M.S., J.D. as its incoming Senior Vice President and General Counsel, effective as of April 11, 2022. Sun currently serves as Senior Vice President and General Counsel at Sorrento Therapeutics (SRNE).
VICR

Hot Stocks

09:04 EDT Vicor demonstrates high power density automotive solutions - Vicor will unveil three new approaches for powering xEVs at the premiere global automotive engineering event, World Congress Experience, in Detroit on April 5-7, 2022. Proven Vicor solutions using high-density power modules and new power delivery architectures reduce power losses up to 50%. Addressing three top electrification topics, Vicor presentations offer innovative modular solutions that simplify power system-design and increase scalability and flexibility. Vicor high-density solutions: Eliminating the 12V Lead Acid Battery: An inventive power architecture that replaces the 12V battery with a "virtual battery," saving space and weight, and eliminating legacy technology: Presenter, Patrick Kowalyk, Automotive Principal Field Applications Engineer; The Impact of Miniaturized Power Modules on Electrification: Power-dense modules combined with innovative power architectures deliver unprecedented design flexibility, scalability and space savings for xEV development: Presenter, Greg Green, Director, Automotive Customer Programs; DC Charging Station Compatibility: Higher-voltage primary batteries create a 400V charging station incompatibility that can be solved with onboard charging using compact, efficient and bidirectional power modules: Presenter, Haris Muhedinovic, Automotive Senior Field Applications Engineer.
III

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09:03 EDT Information Services acquires Agreemint, terms undisclosed - Information Services said it has acquired automated contracting solution Agreemint from its founders. Terms were not disclosed. The AI-powered contracting platform brings new capabilities to the ISG GovernX vendor compliance and risk management solution and will be used by ISG to add value to future platform solutions now in development.
DIN

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09:03 EDT Dine Brands selects FreedomPay to enhance checkout experience - Dine Brands announces it has selected FreedomPay to implement Next Level Commerce solutions across its Applebee's and IHOP Restaurants and online platforms. FreedomPay will handle all in-person and online payments at Dine Brands restaurants across North America. Dine Brands has already begun rolling out FreedomPay as part of its commitment to consistently delivering an exceptional guest experience. "FreedomPay provides us with a secure and robust platform and a comprehensive ecosystem of vendor partnerships while providing a customized user experience for our guests," says Justin Skelton, CIO of Dine Brands. "We are excited to be undergoing this transition toward a new and improved payment solution."
CSSE

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09:03 EDT Chicken Soup for the Soul streaming service app premieres on Vizio - Crackle Plus announced the Chicken Soup for the Soul streaming service application is now available on VIZIO. The streaming service will offer thousands of hours of content, including exclusive programming from Kin and Chicken Soup for the Soul original series like Smart Home Nation.
LYB

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09:02 EDT LyondellBasell says Peter Vanacker to assume role as CEO on May 23 - LyondellBasell announced Peter Vanacker will assume his role as the company's CEO on May 23. The company's Board of Directors appointed Vanacker to the position in December 2021.
GRIL

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09:01 EDT Muscle Maker's Pokemoto division expands in Rhode Island - Muscle Maker, the parent company of Muscle Maker Grill restaurants, Pokemoto Hawaiian Poke and SuperFit Foods meal prep, announced the signing of five new Pokemoto franchise agreements for Rhode Island. The five additional franchise agreements will bring the total Pokemoto eateries count to six in Rhode Island; a franchise location is currently operating in Providence, Rhode Island. "Pokemoto is in growth mode and these five new franchise agreements brings us to 37 total agreements signed since November 2021. When these units are fully implemented, along with previously opened locations in Virginia, Maryland and Florida, this will represent a 338% growth rate since the acquisition of Pokemoto in May 2021," said Michael Roper, CEO of Muscle Maker and Pokemoto. Roper continued, "Once opened, the five additional units will bolster our presence in the Rhode Island market, making us the largest Hawaiian poke player in the state." Roper continued, "Millennials account for 27% of the population in Rhode Island which is no surprise with the ocean state being home to higher education institutions such as Brown University, Providence College, Bryant University and the University of Rhode Island. Millennials and Gen-Zs are a demographic focal point for our real estate team and the Rhode Island market checks that box for us."
IPA

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08:53 EDT IPA to acquire BioStrand for total consideration of EUR 20M - IPA is pleased to announce that it has entered into a definitive share purchase agreement SPA to acquire, through its wholly-owned subsidiary ImmunoPrecise Netherlands , control over BioStrand BV, BioKey , and BioClue , a group of Belgian biotech entities and pioneers in the field of bioinformatics and biotechnology. This transaction is expected to create short and long-term commercialization opportunities with clients and partners by introducing a novel AI-powered protein-protein interactions prediction platform and fortifying IPA's sequencing with massive throughput capabilities in omics interrogation. The Company anticipates that the transaction will not only attract new clients and partners but will also enable its subsidiary, Talem Therapeutics, to access unparalleled AI technologies to help power each stage of its therapeutic antibody development. BioStrand offers a revolutionary, cloud-based solution to perform multi-omics research faster and more accurately, with more effective data analysis. The acquisition enhances IPA's position as a leader in the field of biotherapeutics - BioStrand's software and AI capabilities complement every sector of IPA's business. BioStrand's semantically driven natural language process approach makes omics data research truly effective and differentiates IPA's offerings to provide a powerful and unique opportunity for IPA's clients. Total consideration of EUR 20M, of which EUR 2M will be paid in cash, subject to adjustments, and EUR 18M will be paid in equity. Management and Board of Directors unanimously approved the Transaction. Differentiating Technologies The acquisition of BioStrand expands IPA's scientific capabilities to excel far beyond antibody discovery, expanding from the earliest stages of target identification to late-stage therapies. The transaction combines BioStrand's computer-aided drug discovery capabilities with IPA's best-in-class antibody discovery and development expertise to create an integrated, next-generation, end-to-end platform for target and therapeutic antibody discovery and development.Pursuant to the SPA, ImmunoPrecise Netherlands B.V. will acquire i) all of the issued and outstanding shares of Idea Family BV, a private limited liability company holding 75.01% of the issued and outstanding shares of BioStrand and ii) the remaining 24.99% of the issued and outstanding shares of BioStrand, the whole for a total consideration of approximately EUR 20M, plus a potential earnout consideration.
RVVTF

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08:46 EDT Revive Therapeutics provides update on Phase 3 trial for bucillamine in COVID-19 - Revive Therapeutics provides an update on the Company's U.S. Food & Drug Administration Phase 3 clinical trial to evaluate the safety and efficacy of Bucillamine, an oral drug with anti-inflammatory and antiviral properties, in patients with mild to moderate COVID-19. In collaboration with Delta Health, the Study is targeting clinicals sites operated by MLP Care, the largest hospital group in Turkey, and Istinye University with access to 30 clinical research sites and over 6000 in-patient hospital beds. As previously mentioned, the Company has selected 13 clinical research sites to complete enrollment of the Study. The Company now expects to complete full enrollment in Q2-2022 and to also submit the Study data for 800 subjects to the data safety monitoring board to seek DSMB approval to proceed with an Emergency Use Authorization application to the Food and Drug Administration. The Company is preparing its regulatory package for submission to the FDA and international regulatory authorities for drug approvals.
VRAR

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08:41 EDT Glimpse Group announces industrial VR project, software license - The Glimpse Group announced an industrial VR project and software license between its subsidiary company Adept XR and Goodway Technologies, a manufacturer of innovative maintenance equipment and solutions.Built on Adept XR's proprietary VR software platform Elevate, the VR experience simulates the coil cleaning process of the CoilPro CC-400HF - HiFlo Coil Cleaner from Goodway. The project entailed the development of a gamified VR simulation to be played at upcoming conventions as well as be used for other demonstrations and brand-building purposes.
ET

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08:40 EDT Energy Transfer and ENN in 20-year LNG SPA s related to Lake Charles project - Energy Transfer NN Natural Gas and ENN Energy Holdings announced that ENN NG and ENN Energy have entered into LNG Sale and Purchase Agreements with Energy Transfer LNG Export, a subsidiary of Energy Transfer related to its Lake Charles LNG project. Under the two SPAs, ET LNG is expected to supply 1.8M tons of LNG to ENN NG, and 0.9M tons of LNG to ENN Energy, per annum on a free-on-board FOB basis. The purchase price is indexed to the Henry Hub benchmark plus a fixed liquefaction charge. Both SPAs are for a term of 20 years, and first deliveries are expected to commence as early as 2026. The SPAs will become fully effective upon the satisfaction of the conditions precedent by ET LNG, including reaching FID. "The signing of these long-term SPAs will further enrich ENN's LNG resources, expand resource supply channels, and improve ENN's natural gas supply capacity to meet the rapidly growing natural gas demand in the domestic market," said Zheng Hongtao, President of ENN NG and Vice Chairman of the Board of Directors of ENN Energy Holdings. "It also provides our customers with better resources and services, ensures natural gas supply nationwide, and contributes to the low-carbon transformation of energy structure." "We are very pleased to have ENN as a customer. The execution of these two SPAs represents a significant event in moving the Lake Charles LNG project towards FID. We are experiencing strong demand for long-term offtake contracts for Lake Charles LNG and we are optimistic that we will be in a position to take a positive FID by year end," said Tom Mason, President of ET LNG. "The Lake Charles LNG project is expected to be financed primarily through infrastructure funds and strategic partners, with Lake Charles LNG retaining an equity stake and operatorship of the liquefaction facility."
BIGC

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08:39 EDT BigCommerce announces partnership with SellersFunding - SellersFunding has joined forces with BigCommerce. SellersFunding, which offers a suite of financial solutions including working capital, has developed custom extended payment terms that allow sellers to pursue a platform transition to a direct-to-consumer model with BigCommerce. Russell Klein, chief commercial officer of BigCommerce, comments: "Our partnership with SellersFunding further illustrates our commitment to providing merchants access to the highest-caliber technologies and service providers available in the industry. SellersFunding shares our desire to help merchants sell more and grow faster to maximize success, and we look forward to working together to mutually support customers."
XELA

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08:39 EDT Exela Technologies closes revolving loan exchange, prepayment agreement - Exela Technologies announced that certain of its subsidiaries closed a Revolving Loan Exchange and Prepayment Agreement with the financial institutions acting as revolving lenders under its First Lien Credit Agreement dated as of July 12, 2017. All of the amounts outstanding under the revolving facility were prepaid with $50 million of cash and the remainder exchanged for $50 million of 11.500% First-Priority Senior Secured Notes due 2026. As a result, there are no further senior debt maturities in 2022. The closing of the revolver is one of the last steps in the initiative to strengthen the balance sheet announced on September 30, 2021. Balance Sheet Initiatives: On September 30, 2021, Exela announced plans to deploy over $400 million of capital to significantly reduce debt; Completed the exchange offer of 2023 Senior Secured Notes and Term Loans into 2026 Senior Secured Notes on December 9, 2021; Listed a 6% Convertible Preferred Stock on Nasdaq on March 22, 2022; Prepaid the revolving loan due July 2022. Strategic Initiatives: Settled the Appraisal Action on December 31, 2021, with $40 million paid as of March 16, 2022; Purchased existing Irish headquarters on February 8, 2022; Acquired Corduro a payment as a service platform, on March 14, 2022; Invested in leadership talent: President of Healthcare Solutions announced on March 16, 2022 along with senior hires in Public Sector, F&A services, Data Science Consulting and SMB business management over the past several months; Invested in UBERDOC, a leading patient access and price transparency firm, on March 25, 2022; As of March 15, 2022, the Company has deployed $601 million including cash and new borrowings.
IONM

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08:37 EDT Assure Holdings performs first neuromonitoring case in Minnesota - Assure announces that it has performed its first neuromonitoring case in the Twin Cities area of Minnesota. "Assure is continuing to generate strong organic growth and is pleased to expand the Company's operational footprint into our thirteenth state. Minnesota holds considerable growth potential, and we are pleased to engage in this market with a distinguished physician in the state," said John Farlinger, Assure's executive chairman and CEO. "This opportunity developed as a result of a relationship we have fostered with a medical device distributor, highlighting the traction and success our channel strategy is achieving." Assure will be working with orthopedic spine surgeon Rick Davis, M.D. of Twin Cities Orthopedics.
SLNO

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08:37 EDT Soleno Therapeutics announces pricing of $15M underwritten public offering - Soleno Therapeutics announced the pricing of an underwritten public offering of 40,000,000 shares of its common stock at a public offering price of $0.25 per share and, for certain investors, in lieu of common stock, pre-funded warrants to purchase 20,000,000 shares of its common stock at a public offering price of $0.24 per pre-funded warrant, which represents the per share public offering price for the common stock less the $0.01 per share exercise price for each pre-funded warrant. Each share of common stock or pre-funded warrant is being sold together with one, immediately exercisable common warrant with a five year term to purchase one share of common stock at an exercise price of $0.30 per share. The aggregate gross proceeds of the offering are expected to be approximately $14.8 million, before deducting the underwriting discount and other estimated offering expenses, and assuming that no pre-funded warrants are immediately exercised. All shares of common stock, and accompanying common warrants, and pre-funded warrants, and accompanying common warrants, to be sold in the offering will be offered by Soleno. The closing of the offering is expected to occur on or about March 31, 2022, subject to the satisfaction of customary closing conditions. Oppenheimer & Co. Inc. is acting as the sole book-running manager for the offering. Laidlaw & Company is acting as co-manager for the offering. Soleno intends to use the net proceeds from this offering to fund its current research and development efforts primarily focused on advancing its lead candidate, DCCR tablets for the treatment of Prader-Willi Syndrome, and to provide for general corporate purposes, which may include working capital, capital expenditures, other clinical trials, other corporate expenses and acquisitions of complementary products, technologies or businesses, though the company does not have agreements or commitments for any specific acquisitions at this time.
RPD

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08:36 EDT Rapid7 announces cloud workload protection capabilities for InsightCloudSec - Rapid7 announced new cloud workload protection capabilities for InsightCloudSec, the company's fully-integrated cloud-native security platform. These enhancements, which include native vulnerability assessment for container and Kubernetes environments, leverage Rapid7's proven, industry-leading vulnerability assessment technology delivered via an agentless experience that is purpose built for cloud-native environments.
BLIN

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08:35 EDT Bridgeline Digital announces new deal with leading sports retailer - Bridgeline Digital announced that one of the largest lifestyle retailers in Asia has selected Bridgeline's site search to power the new eCommerce site for their sports retail brand with over 250 locations. This is Bridgeline's third international win with a sports retailer in the last 6 months. The site search software's NLP capabilities are a key component of the brand's conversion strategy as it allows for distinct differentiation between brand and product variation within an industry with large catalogs of sports products. Bridgeline will provide search pages, category pages, filters, autocomplete, and product recommendation features for the new website. CEO of Bridgeline, Ari Kahn says, "We look forward to working alongside our retail partner to grow their revenue online. I know Bridgeline's dedication to our customers' success is the driving factor in our partner's decision to select us for a key role in their conversion strategy."
SPLP

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08:34 EDT Steel Partners names Stephanie McKinney Chief Human Resources Officer - Steel Partners Holding announced the appointment of Stephanie McKinney as Chief Human Resources Officer. Stephanie McKinney. McKinney is an established human resources leader with over 20 years of diverse, successful achievements across multiple industries. McKinney was most recently the Vice President, Human Resources North America for Siemens Energy. Previously, McKinney was Vice President, Human Resources, Enterprise Diagnostics Informatics at Philips Healthcare, and Global Corporate Function Head of Human Resources & Change Management at CSL Behring. McKinney has a B.S. in Financial Management & Human Resources Management from Florida Southern College.
GLTO

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08:33 EDT Galecto compeltes enrollment in Phase 1b/2a GULLIVER-2 trial - Galecto announced it has completed enrollment in Parts 2 and 3 of its ongoing 3-part Phase 1b/2a trial of GB1211, GULLIVER-2, in liver cirrhosis. Part 1 of the GULLIVER-2 trial, which was designed to measure the pharmacokinetics of GB1211 in patients with moderate hepatic impairment as compared to healthy volunteers, was completed in December 2021. GB1211 was found to be well-tolerated with no drug-related serious adverse events. Part 2 of the trial is a randomized, double-blind, placebo-controlled cohort in 30 patients with liver cirrhosis and moderate hepatic impairment. This part of the trial is designed to observe the safety and tolerability of GB1211 over 12 weeks while also measuring fibrosis biomarkers, hepatic function, inflammation, and coagulation parameters, as well as detecting fibrosis using transient elastography ultrasound. Part 3 of the trial is an open-label cohort in 6 patients with severe hepatic impairment and 6 matched healthy volunteers that is designed to examine the pharmacokinetics and safety and tolerability of GB1211. "With Part 1 of the trial completed with encouraging initial safety findings and favorable interim exposure data, we are pleased to take another step forward in this important trial of our oral galectin-3 inhibitor, GB1211," said Dr. Hans Schambye, President and Chief Executive Officer of Galecto. "Galectin-3 plays an important role in fibrosis development in the liver, and we have demonstrated GB1211 to be effective in protecting the liver cells and reducing fibrosis in animal liver models. As scientific advances for the treatment of liver cirrhosis have been very limited, galectin-3 inhibition may offer a new therapeutic possibility for patients with liver cirrhosis and related liver diseases. We look forward to presenting top-line results from the GULLIVER-2 trial in the fourth quarter of this year."
BRAG

Hot Stocks

08:33 EDT Oryx Gaming launches iGaming content in the Bahamas - Oryx Gaming, a Bragg Gaming company, has launched its exclusive iGaming content in the Bahamas with the country's largest operator, Island Luck. Customers of the major Bahamian operator now have access to the full portfolio of Oryx's exclusive content developed by its in-house studios as well as from Oryx's premium partners. The launch follows the company's recent receipt of its certification and approval to offer its products and services to operators in the Caribbean nation.
SBET

Hot Stocks

08:33 EDT SharpLink Gaming announces update on C4 integration with NASCAR.com - SharpLink Gaming reported that the Company's integrated C4 solution resulted in a measurable improvement in the conversion of NASCAR.com fans to sports betting depositors with BetMGM for the first five weeks of the 2022 NASCAR racing season. Currently, SharpLink is featuring a BetMGM bet slip module on NASCAR.com's home page that incorporates C4 bet recommendation algorithms in states where online sports betting has been legalized. Once a NASCAR fan clicks on the bet slip, a BetMGM promotional offer is provided to the potential bettor. When comparing fan engagement metrics for the first five weeks of the 2022 NASCAR racing season to the entire 2021 racing season averages, the results reflect that: The percentage of NASCAR fans who engaged with promotional offer was 9.2%; The percentage of NASCAR fans who registered with BetMGM after landing increased 72%; The percentage of NASCAR fans who deposited with BetMGM after landing was 152% higher; and The percentage of NASCAR fans who became qualified depositors with BetMGM rose 225%.
ALBO

Hot Stocks

08:32 EDT Albireo Pharma completes enrollment in Phase 3 ASSERT study of Bylvay - Albireo Pharma announced the completion of patient enrollment in the ASSERT study, a Phase 3 pivotal trial of Bylvay in patients with Alagille syndrome, ALGS. Topline results are expected to be available by the end of the year, consistent with guidance, and with the enrollment of 52 patients versus an original target of 45. ASSERT is a gold standard, global, double-blind, randomized, placebo-controlled trial designed to evaluate the safety and efficacy of Bylvay in patients with ALGS over 24 weeks. Bylvay is a potent, once-daily, non-systemic ileal bile acid transport inhibitor already approved in the U.S. for the treatment of pruritus in patients 3 months of age and older in all types of PFIC, and in Europe for the treatment of all types of PFIC in patients aged 6 months or older. "Families coping with Alagille syndrome are deeply in need of more therapeutic options, as evidenced by the completed enrollment for our Phase 3 ASSERT study, consistent with guidance, while exceeding our original enrollment target," said Ron Cooper, President and Chief Executive Officer of Albireo. "Beyond this important clinical milestone, we continue to deliver on our promise to increase access to Bylvay for all eligible patients and are pleased to announce the opening of an Expanded Access Program for Alagille syndrome patients." The Company continues to enroll and dose patients in the Phase 3 BOLD study, which is the first and only pivotal trial of an IBATi in biliary atresia, that passed the 50% enrollment milestone and remains on track for topline data in 2024. Biliary atresia is the most common pediatric cholestatic liver disease with no approved drug treatment.
CLIR

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08:32 EDT ClearSign Combustion receives initial engineering order from large refiner - ClearSign Technologies announced that it has received an initial engineering order from a large independent national refiner as the first phase of a project to retrofit two process heaters for a total of twenty ClearSign Core burners in one of their California refineries. Similar to other announced process burner projects, this project will consist of multiple phases. The first is this order, which consists of engineering, drafting and CFD, or Computational Fluid Dynamics, modelling of ClearSign Core burners operating in the destination heaters. The following phases of this project are expected to include a physical "first article" full size burner demonstration, then the supply of twenty burners to be installed in the California refinery heaters.
APVO

Hot Stocks

08:31 EDT Aptevo says monotherapy patient received transplant in APVO436 expansion trial - Aptevo Therapeutics announced that a patient with relapsed/refractory acute myeloid leukemia or AML in a monotherapy arm of its on-going Phase 1b trial evaluating adult patients with AML, has received an allogeneic stem cell transplant subsequent to receiving APVO436 and experiencing significant reduction in bone marrow blasts. This follows the Company's previous announcement that a patient receiving combination therapy is also moving to transplant after one cycle of therapy. APVO436 is currently being evaluated in a Phase 1b expansion trial for adult patients with AML in a multi-center, multi-cohort study of up to 90 patients who will receive either APVO436 in combination with standard of care chemotherapies or as monotherapy. In 2021, the Company announced results from its Phase 1b dose escalation trial in patients with both AML and myelodysplastic syndrome or MDS. Results showed that APVO436 exhibited a favorable safety profile with acceptable tolerability and generally manageable drug-related adverse events. Promising clinical activity was also observed in 11 of 40 patients in the dose escalation part of the study and reported at the American Society of Hematology 2021. This included two complete remissions in patients with AML and three complete marrow responses in patients with MDS.
APVO

Hot Stocks

08:31 EDT Aptevo Therapeutics announces patient in AML trial receives transplant - Aptevo Therapeutics announced that a patient with relapsed/refractory acute myeloid leukemia or AML in a monotherapy arm of its on-going Phase 1b trial evaluating adult patients with AML, has received an allogeneic stem cell transplant subsequent to receiving APVO436 and experiencing significant reduction in bone marrow blasts. This follows the company's previous announcement that a patient receiving combination therapy is also moving to transplant after one cycle of therapy. APVO436 is currently being evaluated in a Phase 1b expansion trial for adult patients with AML in a multi-center, multi-cohort study of up to 90 patients who will receive either APVO436 in combination with standard of care chemotherapies or as monotherapy. In 2021, the company announced results from its Phase 1b dose escalation trial in patients with both AML and myelodysplastic syndrome or MDS. Results showed that APVO436 exhibited a favorable safety profile with acceptable tolerability and generally manageable drug-related adverse events. Clinical activity was also observed in 11 of 40 patients in the dose escalation part of the study and reported at the American Society of Hematology 2021. This included two complete remissions in patients with AML and three complete marrow responses in patients with MDS.
HIRRF

Hot Stocks

08:29 EDT Hire Technologies launches Pulsify + HIRE program - HIRE Technologies announced the launch of Pulsify + HIRE, a value-added distribution program designed to accelerate organic growth within its portfolio companies. By packaging its Pulsify tool into every engagement across its brand portfolio, the program unlocks an exclusive distribution channel. Pulsify will be packaged with staffing and search services at no cost to HIRE's clients. Pulsify is a cloud-based people management platform built around data analytics, timely feedback, predictive insights, and the Net Manager Score. Pulsify augments the capabilities of high-performing people managers at all levels of seniority at companies of all sizes.
FOCS

Hot Stocks

08:28 EDT Holloway Wealth Management to join ARS Wealth Advisors - Focus Financial Partners announced that it has entered into a definitive agreement under which Holloway Wealth Management, a registered investment advisor based in Gainesville, FL, will join Focus partner firm ARS Wealth Advisors Group, located in St Petersburg, FL. The transaction is expected to close in the second quarter of this year, subject to customary closing conditions. Founded in 2005 by Sam Holloway, Holloway is a fee-based firm that offers comprehensive wealth and investment management services to high net worth professionals, business owners, retirees and their families, primarily in the Gainesville area. Holloway also provides financial planning and portfolio management services to physicians and professors associated with the University of Florida.
PYR

Hot Stocks

08:25 EDT PyroGenesis appoints Steve McCormick as VP, corporate affairs - The company continues to expand its employee base with a number of new hires and is happy to announce it has recently increased its executive team by appointing Steve McCormick to the position of Vice President, Corporate Affairs. Mr. McCormick has held senior roles in corporate strategy, innovation, and communications for more than 25 years. As a management consultant, he provided advisory services for organizations across financial service, heavy industry, and public sectors, including Enbridge, the Red Cross, the Government of Ontario, and Manulife.
TU

Hot Stocks

08:24 EDT Telus Health acquires Sprout Wellness Solutions - TELUS Health announced it has acquired Sprout Wellness Solutions, a holistic digital health and wellness solution designed to educate, engage and inspire people to improve their health through behaviour change. The solution will be available as part of the TELUS Health suite of services for Canadian employers to empower their employees, through their benefits plan, to live healthier lives. Built using machine learning and cognitive behavioural science, the Sprout platform encourages, measures, and rewards healthy behaviours through: Real-time health risk assessment; Wearable device integrations and activity tracking; Engaging health and wellness content; Dynamic goals, gamified challenges, and more. As an early investor in Sprout since 2015, TELUS recognized the positive influence the innovative health solution had on overall health and wellness, helping employees to shift their mindset to more proactively focus on improving their overall health and happiness. As organizations increasingly seek to embrace more digital well-being empowerment tools for their team members, this acquisition allows TELUS Health to deliver a broader suite of options to complement its established services such as virtual care, virtual pharmacy, and medical and mental health clinics to support Canada's workforce at every step of their health journey. Sprout will continue to be available for all its current customers. Over the coming months, TELUS Health will integrate Sprout Wellness Solutions into its Virtual Care service, making it available as a value-added solution to clients nationally in English and French.
NKTX ADVM

Hot Stocks

08:23 EDT Nkarta Adverum appoints Thedinga to board of directors - Nkarta (NKTX) announced the appointment of Angela Thedinga, MBA, MPH, to its Board of Directors. Thedinga most recently served as Chief Technology Officer of Adverum Biotechnologies (ADVM), where she led the process development, manufacturing and supply chain functions that supported the development of ocular gene therapies.
SBEV

Hot Stocks

08:21 EDT Splash Beverage announces agreement with Northern Eagle Beverage - Splash Beverage announced an agreement with New Jersey-based AB-ONE distributor Northern Eagle Beverage to distribute SALT Tequila, Copa di Vino wines by the glass, and Pulpoloco Sangria to New Jersey's Bergen, Hudson, Essex and Passaic Counties. Robert Nistico, CEO of Splash Beverage Group commented, "This is another home run distribution agreement for Splash. Our relationship with InBev's AB ONE, the owner of Budweiser, continues to pay dividends for us as more and more high-volume distributors take note of the credibility that comes from our relationship with AB-ONE. New Jersey's Northern Eagle Beverage Company puts our three premium products on the shelves in 4 highly populated NJ counties. In fact, Bergen County is the number one most populated county in NJ and Essex is the second highest. Both Hudson and Passaic Counties are in the top 10, and it's worth noting that NJ is the most densely populated state in the US, so our products will be put in front of many, many new eyeballs which translates to more revenue."
MDWD

Hot Stocks

08:20 EDT MediWound to present EscharEx clinical data at SAWC Spring 2022 - MediWound announced a poster and oral presentation of its EscharEx clinical data at the 35th Symposium on Advanced Wound Care Spring Conference taking place in Phoenix, Arizona on April 6-10, 2022. The oral presentation, titled: "Introduction to EscharEx: An Innovative Enzymatic Solution for the Debridement of Hard to Heal Wounds," will be moderated by Vickie R. Driver, DPM, MS, FACFAS FAAWC and will feature, John C. Lantis, M.D., Cyaandi R. Dove, DPM, and Robert J. Snyder, D.P.M., M.Sc., who will discuss results from recent clinical studies. The topics include: the importance of debridement in wound management, the preliminary efficacy and safety data from two well controlled clinical studies in patients with venous leg ulcers and diabetic foot ulcers, along with a case series from a clinical pharmacology study demonstrating EscharEx's fast and effective debriding activity accompanied with reduction in biofilm and bacterial load. In addition to the oral presentation, the Company will present an abstract poster, titled: "Results from an Ongoing Open Phase 2 Study Assessing the Safety, Efficacy and Pharmacological Effects of Bromelain-based Enzymatic Debridement on Biofilm, Microbial loads and Cytokines in patients with DFU and VLU." The poster will present EscharEx phase 2 pharmacology study data of debridement efficacy while reducing biofilm and bacterial bioburden.
DY

Hot Stocks

08:19 EDT Dycom Industries appoints Sabater as director - Dycom Industries announced the appointment of Carmen Sabater as a director. Sabater is a Certified Public Accountant and currently serves as the Chief Financial Officer of Quirch Foods Parent. The appointment, effective March 28, 2022, is for a term extending until the Company's 2022 Annual Meeting of Shareholders.
ACN

Hot Stocks

08:19 EDT Accenture makes strategic investment in enterprise software company Inrupt - Accenture has made a strategic investment, through Accenture Ventures, in Inrupt, an enterprise software company focused on putting online personal data back in the power of users while also reinventing how businesses and governments manage digital data. Inrupt is now a part of Accenture Ventures' Project Spotlight, an engagement and investment program that connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps. Project Spotlight offers extensive access to Accenture's domain expertise and its enterprise clients, helping startups harness human creativity and deliver on the promise of their technology. John Bruce, Inrupt's co-founder and CEO, said, "Users and organizations alike are frustrated by the current dynamics of digital data, but it doesn't need to be this way. We have the technology to share securely, and we have the tools to put people in control of their own data and to allow organizations and developers to access that data when users allow it - when it benefits both sides. Good for the individual and equally valuable to the organization."
AUGX OPRX

Hot Stocks

08:18 EDT Augmedix appoints Febbo to board of directors - Augmedix (AUGX) announced that William Febbo, Chief Executive Officer and Director of OptimizeRx (OPRX), has joined its board of directors, effective March 28, 2022. "We are extremely pleased to welcome Will to our board and leverage his depth of experience in building and managing technology and healthcare companies," said Manny Krakaris, Chief Executive Officer at Augmedix. "We believe his experience in successfully leading OptimizeRx's growth and expansion will bring a valuable perspective as we continue on our clear path to unlock the large market opportunity ahead."
HURN

Hot Stocks

08:17 EDT Huron sees low double-digit annual revenue growth through 2025 - Professional services firm Huron will host a virtual Investor Day to outline its growth strategy and financial goals through 2025. "For the past 20 years, our incredibly talented team has positioned Huron as a trusted business advisor to thousands of organizations, including some of the most renowned businesses and institutions in the world," said James H. Roth, chief executive officer, Huron. "With our leading market position, distinct competitive advantage and the market demand for our offerings, we believe we have a significant growth opportunity ahead of us and we are well-positioned to capitalize on that opportunity as we advance our strategy." In conjunction with the announcement, the Company is providing detail on its capital allocation strategy, balancing growth, flexibility and return of capital to shareholders. In addition, the Company is introducing revenue, Adjusted EBITDA margin, and EPS goals through 2025 of the following: Revenue: Low double-digit annual growth; Adjusted EBITDA Margin: Expand to mid-teen % margins by 2025; Adjusted EPS: Deliver high-teen % annual growth; and Free Cash Flow: Deliver strong annual free cash flows and deploy 25% - 50% of cash flow as a return to shareholders.
GRVI

Hot Stocks

08:17 EDT Grove completes initial transactions in program to repurchase up to 1M shares - Grove announced that it has completed the first stage of its previously authorized program to repurchase up to 1 million shares of its outstanding common stock through both the use of the Company's 10b5-1 plan and privately negotiated transactions. The Company repurchased 467,765 shares at an average cost of approximately $4.22 per common share or $1,974,896. These repurchases were made as part of the company's repurchase program, which was announced on October 19, 2021. Grove will continue to review the authorized program and may repurchase up to an additional 500,000 shares.
APO

Hot Stocks

08:16 EDT Apollo Global appoints Bibliowicz to board of directors - Apollo announced the appointment of Jessica Bibliowicz to the Apollo Global Management board of directors, effective March 31, 2022, and to its audit committee. With this addition, the Apollo Global Management board of directors will increase to 17 directors, 12 of whom are independent. Bibliowicz was president and CEO of National Financial Partners from 1999 until NFP was acquired in 2013. Bibliowicz has also been appointed to the board of directors and audit committee of Apollo Asset Management, a wholly owned subsidiary of Apollo Global Management, effective March 31, 2022.
BAND...

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08:15 EDT Bandwidth appoints Sandy Preizler as Chief Revenue Officer - Bandwidth (BAND) announced that Sandy Preizler will be joining the company in the newly created position of Chief Revenue Officer, or CRO, effective April 18. In his 25-year career, Preizler consistently exceeded revenue and profitability goals for billion-dollar cloud and software portfolios at NCR (NCR), Avaya (AVYA), Cisco (CSCO) and Symbol Technologies by building strong teams, developing new markets, launching new channel strategies and growing customer partnerships-from small and medium businesses to the largest global enterprises. Earlier, Preizler had similar accomplishments as Worldwide Head of Sales for Avaya's Service Provider business-growing revenue to $1.1B-and as Worldwide Head of Channels and Distribution at Symbol Technologies, where he led $1.2B in revenue via 40 global distributors, 10,000 reselling partners and 300 independent software vendor partners. He began his career at Cisco, where he was ranked No. 1 U.S. channel sales director two years in a row and also grew bookings 25% from flat growth the year before in the Service Provider business across EMEA.
VLVLY

Hot Stocks

08:14 EDT Volvo Trucks wins record order from Maersk for electric trucks - Volvo Trucks in North America has won an order for 110 Volvo VNR Electric trucks from the global logistics company Maersk. The deal adds to a previous order of 16 vehicles of the same model and marks the single largest commercial order to date for Volvo's electric trucks. The order was placed by Performance Team, part of the Maersk Group, and adds up to mean a total of 126 such electric trucks will be in service for Performance Team. The first electric trucks will be in operation in the second quarter of 2022, all 126 trucks are scheduled for deployment by the first quarter of 2023.
LNTH NVS

Hot Stocks

08:14 EDT Lantheus collaborates with Novartis to include PYLARIFY in trials with Pluvicto - Lantheus (LNTH) announced a strategic collaboration with Novartis (NVS) to include PYLARIFY in prostate cancer clinical trials with Pluvicto. "The FDA-approval of Novartis' Pluvicto brings hope to patients and is an exciting advancement in the field of radiopharmaceutical oncology," said Mary Anne Heino, President and CEO of Lantheus. "We look forward to collaborating to further explore how PSMA PET imaging agents, like PYLARIFY, may aid in increasing accessibility to PSMA-targeted therapeutics. As always, our goal is to Find, Fight and Follow serious medical conditions and improve patient outcomes." PYLARIFY, approved by the FDA in May 2021, is the first commercially and widely available prostate-specific membrane antigen PET imaging agent. The collaboration with Novartis directly aligns with Lantheus' strategy to advance cancer precision medicine by enabling partners to use PYLARIFY in prostate cancer therapeutic trials. As part of the agreement with Novartis, Lantheus will provide PYLARIFY for the selection of patients with prostate cancer and Novartis will provide all PYLARIFY related clinical imaging data to Lantheus.
SGMO

Hot Stocks

08:14 EDT Sangamo doses first patient in STEADFAST clinical study - Sangamo announced dosing of the first patient in the Phase 1/2 STEADFAST clinical study evaluating TX200, a wholly-owned autologous Chimeric Antigen Receptor Regulatory T Cell cell therapy product candidate for the prevention of immune-mediated rejection in HLA-A2 mismatched kidney transplantation from a living donor.
TDY

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08:13 EDT Teledyne Princeton Instruments announces release of LANSIS - Teledyne Princeton Instruments announces the release of LANSIS-a new spectroscopy detector designed specifically for original equipment manufacturers and system integrators. LANSIS cameras represent the latest in CCD array detector technology specifically tailored to OEMs. LANSIS is targeted to instruments with techniques including Raman, optical emissions spectroscopy, fluorescence, and photoluminescence. This camera is ideal for a broad range of clinical and analytical equipment including in-vivo imaging, life science research, cancer detection, pharmaceuticals, drug discovery, material science, failure analysis for microelectronics, and more.
CYBN

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08:13 EDT Cybin completes in vivo CYB003 preclinical studies - Cybin reported the completion of in vivo preclinical studies evaluating its deuterated psilocybin analog CYB003 for the potential treatment of major depressive disorder, or MDD. Data from in vivo preclinical studies demonstrate that CYB003 is well-tolerated following several doses in multiple species and support the advancement toward an investigational new drug, or IND, filing with the FDA for a Phase 1/2a first-in-human clinical trial in patients with MDD. The preclinical in vivo studies followed FDA protocol and were completed under Good Laboratory Practice, or GLP, guidelines. In multi-species preclinical studies, CYB003 demonstrated: a well-tolerated profile following several doses in multiple species that supports repeat dosing in humans; a similar in vitro and in vivo pharmacology profile when compared to psilocin, the active naturally occurring psychedelic agent in psilocybin; a 50% reduction in variability compared to classic psilocybin, indicating the potential for more accurate dosing; a 50% dose reduction compared to classic psilocybin, indicating the potential to maintain equivalent efficacy while reducing side effects; a 50% shorter time to onset when compared to classic psilocybin, indicating the potential for shorter duration of treatment, lower inter-subject variability, and better therapeutic control and nearly double the brain penetration when compared to classic psilocybin, indicating the potential for a less variable treatment response. The company plans to submit an IND to the FDA in the second quarter of 2022 and to initiate the Phase 1/2a clinical trial in mid-2022.
VZ CSCO

Hot Stocks

08:12 EDT Verizon, Cisco collaborate to advance autonomous vehicle tech - Cisco (CSCO) and Verizon (VZ) collaborated on a proof of concept demo in Las Vegas, showing that cellular and mobile edge compute technology can enable autonomous driving solutions without the use of costly physical Roadside Units to extend radio signals. The companies said, "The result paves a simpler and more efficient route to powering applications such as autonomous/unmanned last-mile delivery bots and robotaxis in cities like Las Vegas, where public MEC technologies exist. Additionally, cities and roadway operators could create safer roads with C-V2X applications including pedestrian protection, emergency and transit vehicle pre-emption, on and off-ramp protection, and potentially others that involve vehicles approaching intersections with traffic signals...Autonomous features in connected vehicles have always relied on roadside radios to extend the signals vehicles use for low-latency communication with each other and surrounding connected infrastructure. The Cisco and Verizon test proved that Verizon's LTE network and public 5G Edge with AWS Wavelength, together with Cisco Catalyst IR1101 routers in connected infrastructure, can meet the latency thresholds required for autonomous driving applications - replacing the costly roadside radios previously required to meet those needs. By using LTE and edge compute to virtualize the role of the Roadside Units, C-V2X communications proved to be more streamlined - likely to result in improved efficiency and cost effectiveness for municipalities, infrastructure providers, and application developers working with autonomous vehicles. The result demonstrates that connected and autonomous vehicle applications can be deployed today using LTE networks, mobile edge compute, and in-vehicle interfaces deployed by OEMs. These capabilities could lead to safer, less congested roads with current connected and autonomous vehicles, with scalability for future applications hosted at the edge and using LTE and 5G connectivity."
VINC

Hot Stocks

08:12 EDT Vincerx Pharma expects cash to fund operations through 2023 - Vincerx Pharma had $111.5 million in cash as of December 31, 2021, as compared to $61.8 million as of December 31, 2020. Based on its current business plans and assumptions, Vincerx believes its available cash will be sufficient to meet its operating requirements through 2023
AMPS

Hot Stocks

08:11 EDT Altus Power supplies clean electrification solutions to TCC development projects - Trammell Crow Company, TCC and Altus Power announced a strategic partnership to bring Altus Power's clean electrification solutions to TCC's real estate development projects. Under the terms of this multi-year strategic partnership, TCC will engage Altus Power to bring solar power generation, battery storage and electric-vehicle charging to its development portfolio. The initial focus will be 35 million sq. ft. of U.S. industrial assets in TCC's development pipeline. This partnership is expected to generate 300 MW of building-sited, locally generated solar power across the United States over the next three to four years, with battery storage capacity and electric-vehicle charging. TCC and Altus Power plan to expand the partnership to include other assets in the future. "Our partnership with Altus Power will greatly accelerate the integration of clean energy into our properties and we expect it to meaningfully reduce our carbon footprint," said Mike Lafitte, CEO of TCC. "This partnership is directly responsive to our capital partners and occupier clients who expect us to deliver sustainably built real estate." "We are excited about this first-of-its-kind partnership to bring clean electrification to the nation's largest commercial real estate development platform," said Lars Norell, Co-CEO of Altus Power. "This partnership underscores the significant opportunity that is available in the commercial and industrial solar market, and we look forward to working with other real estate owners, developers and occupiers to accelerate their transition to a lower carbon footprint
VBIV

Hot Stocks

08:10 EDT VBI Vaccines announces U.S. PreHevbrio Hepatitis B Vaccine availability - VBI Vaccines announced that PreHevbrio Hepatitis B Vaccine is now available in the United States for the prevention of infection caused by all known subtypes of hepatitis B virus, or HBV, in adults age 18 years and older. PreHevbrio was approved by the FDA on November 30 and is the only approved three-antigen HBV vaccine for adults.
RSVR

Hot Stocks

08:10 EDT Reservoir Media announces deal for catalog of Larry Kusik - Reservoir Media announced a new deal for the catalog of the late lyricist Larry Kusik, best known for his collaborations on theme songs from blockbuster films like The Godfather and Romeo and Juliet. Kusik was a prolific lyricist whose works can be heard in some of the most iconic films released during the 1960s and 1970s. He notably penned the lyrics for "Speak Softly Love," the lyricized theme from 3x-Academy Award-winning film The Godfather, which celebrated its 50th anniversary this month and is widely recognized as one of the greatest films of all time. "Speak Softly Love" won Kusik an ASCAP award and was recorded by several artists, with Andy Williams' version climbing to #34 on Billboard's Hot 100.
GANX

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08:09 EDT Gain Therapeutics presents additional data on Gaucher Disease Program - Gain Therapeutics presented new pre-clinical data from its Gaucher Disease program. The results were highlighted in a poster presentation at the 2022 Glycolipid and Sphingolipid Biology GRC being held March 27 - April 1, 2022, in Castelvecchio Pascoli, Italy. The data show that the tested compounds increase the levels and activity of the beta-glucocerebrosidase protein, increase co-localization of GCase with lysosomes, and most importantly, decrease disease-causing toxic substrate accumulation in normal and in patient-derived cortical neurons. The data was generated in two different in vitro models using normal, or wild-type human cortical neurons and cortical neurons derived from induced pluripotent stem cells of Gaucher patients. The presentation titled "Structurally Targeted Allosteric Regulators Show Promising Therapeutic Effect in Gaucher Disease Cortical Neurons" showed that the orally bioavailable and brain-penetrant lead molecules have a promising effect, including: Significant increase of GCase levels and activity in WT and GD cortical neurons. Increase of lysosomal GCase levels in WT and GD cortical neurons. Effective depletion of toxic substrate levels in GD cortical neurons and GD patient-derived fibroblasts
UAL OXY

Hot Stocks

08:08 EDT United Airlines Ventures, Oxy Low Carbon Ventures partner with Cemvita Factory - United Airlines Ventures and Oxy Low Carbon Ventures announced a collaboration with Houston-based biotech firm Cemvita Factory to commercialize the production of sustainable aviation fuel intended to be developed through a revolutionary new process using carbon dioxide and synthetic microbes. UAV also announced an equity investment in Cemvita Factory. OLCV, a subsidiary of Occidental (OXY), is a founding investor in Cemvita Factory. SAF is an alternative to jet fuel that uses non-petroleum feedstock and offers lower lifecycle greenhouse gas emissions. United (UAL) has invested in more SAF production than any other airline.
NVOS

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08:07 EDT Novo Integrated Sciences signs memorandum of understanding with Boditech Med - Novo Integrated Sciences announced the signing of a memorandum of understanding with Boditech Med for a marketing and distribution partnership for the launch and deployment of Boditech Med's in-vitro diagnostic solutions and technology in North America. Founded in South Korea in 1998, Boditech markets and sells more than 90 biomarker products in 120 countries. Boditech recently announced plans to open a manufacturing site in Miami, Florida and is currently seeking approvals from the FDA for several diagnostic solutions in cardiac, cancer, hormone, infectious disease, and other therapeutic areas. Boditech intends to bring lower-cost, rapid testing that covers many critical areas of medicine, from cardiac health to cancer, to North America.
TRHC

Hot Stocks

08:07 EDT Tabula Rasa HealthCare renews partnership with Gary and Mary West PACE - Tabula Rasa HealthCare announced a five-year renewal with Gary and Mary West PACE for its CareKinesis PACE Pharmacy and Pharmastar services. Gary and Mary West PACE is a Program of All-inclusive Care for the Elderly, or PACE, in San Marcos, CA, which currently serves over 180 participants who live in North County San Diego. TRHC has partnered with Gary and Mary West PACE since 2018, with the program holding its official opening in October 2019. CareKinesis is a leading PACE pharmacy, which has provided services to PACE organizations since 2011.
ALDX

Hot Stocks

08:06 EDT Aldeyra: ADX-629 data supportive of RASP modulation as novel pharmacology - Aldeyra Therapeutics will announce at its 2022 Research & Development Day that three clinical trials of ADX-629, a first-in-class orally administered RASP modulator, generated signs of pharmacodynamic and clinical activity consistent with broad-based reduction in pathologic inflammation. "The promising results exhibited by ADX-629 represent the first clinical data supportive of RASP modulation as a novel pharmacology for the potential treatment of systemic disease," stated Todd C. Brady, M.D., Ph.D., President and CEO of Aldeyra. "Accordingly, we plan to advance our proprietary RASP modulator platform, which includes ADX-629 and other novel molecules, into new indications mediated by RASP, effecting a new milestone for Aldeyra as we continue to expand our focus to systemic and retinal diseases."
AEZS

Hot Stocks

08:06 EDT Aeterna Zentaris expects cash to fund operations through 2023 - The Company had $65.3 million in cash and cash equivalents at December 31, 2021.
CADL

Hot Stocks

08:05 EDT Candel Therapeutics expects cash to fund operations into Q4 of 2023 - Cash and cash equivalents as of December 31, 2021 were $82.6 million, compared to $35.1 million as of December 31, 2020.. Based on current plans and assumptions, the Company expects that its existing cash and cash equivalents, including the $20 million in term loan proceeds, will be sufficient to fund its operations into the fourth quarter of 2023.
CHPT GS

Hot Stocks

08:05 EDT ChargePoint, Goldman Sachs partner to introduce new financing solutions - ChargePoint (CHPT) announced a partnership with Goldman Sachs Renewable Power (GS), a long-term investor in clean energy projects. Together, ChargePoint and Goldman Sachs Renewable Power are introducing new tailored financing solutions as part of the ChargePoint as a Service, or CPaaS, product family to reduce upfront costs of EV charging technology for eligible customers. Through this partnership, eligible customers can choose the CPaaS option that best fits their needs, which now includes both financed and turnkey charging. The new financed option enables customers to pay for charging infrastructure as an operational expense, and the turnkey option enables customers offering public charging to host a station at zero cost to them. This partnership will enable customers to implement a superior EV charging solution at no capital expense.
JZXN

Hot Stocks

08:04 EDT Jiuzi Holdings subsidiary signs cooperation agreement with Jiangsu Skywell - Jiuzi Holdings announced that, on March 16 the Company, through its wholly-owned subsidiary, Zhejiang Jiuzi New Energy Vehicles, has entered into an one-year strategic cooperation agreement with Jiangsu Skywell Automobile, the manufacturer of Skyworth, a leading Chinese electric vehicle. Skywell's parent company, Skywell New Energy Automobile Group, is a high-tech enterprise headquartered in Jiangsu Provin,e, which integrates research and development, production, and sales of new energy passenger vehicles. Its electric vehicle, or EV) brand "Skyworth" is in partnership with Skyworth Group which is one of the top five television brands in the world with annual TV shipments exceeding 17 million units. Pursuant to the Agreement, Zhejiang Jiuzi is granted non-exclusive right to use Skywell's "Skyworth" trademark and sell its new EV6 SUV series during 2022-2023. Through Skywell's preferential sales policies, Zhejiang Jiuzi plans to purchase 500 EVs of both mass-production and customized models. The Skyworth EV6 comes with a full-electric variant with a NEDC-rated range of 600km and a hybrid electric version with an estimated range of 1,000km.
URGN

Hot Stocks

08:03 EDT UroGen Pharma announces FDA clearance of UGN-301 IND - UroGen Pharma announced that the FDA has cleared UroGen's investigational new drug, or IND, application to begin a novel Phase 1 clinical study of the anti-CTLA-4 immunotherapy UGN-301 in patients with recurrent NMIBC. The multi-arm Phase 1 study is expected to start in April and support the development of UGN-301 in high-grade NMIBC.
NKLA

Hot Stocks

08:03 EDT Nikola, ENGS sign pact to provide financing for zero-emission semi-truck sales - Nikola and ENGS Commercial Finance Co., announced a signed agreement to facilitate sales of Class 8 Nikola Tre battery-electric vehicles and Nikola Tre hydrogen fuel-cell electric vehicles. Working directly through the Nikola dealer network, ENGS will offer customer finance solutions for the purchase of Nikola vehicles, charging assets and infrastructure requirements to offer a broad range of financial solutions to Nikola customers. The agreement furthers Nikola's commitment to secure partnerships with well-established transportation finance specialists to offer customized financing solutions for Nikola dealers and customers. ENGS will also help Nikola and its dealers facilitate sales by offering floorplan financing solutions to the dealers, parts and service financing and other related capital requirements. Start of production of the Tre BEVs began last week at Nikola's Coolidge, Arizona manufacturing facility. The Nikola Tre FCEV deliveries are anticipated in 2023.
VNRX

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08:02 EDT VolitionRx annunces global supply agreement with VolitionRx - Heska has announced an exclusive global supply and licensing agreement with VolitionRx to adapt and commercialize the Nu.Q Vet Cancer Screening Test at the point of care for companion animals on Heska's technology. One in four dogs and nearly 50% of dogs over the age of 10 will develop cancer according to the Veterinary Cancer Society. In the U.S. alone, the National Cancer Institute estimates that six million new cancer diagnoses are made in dogs each year. Under the terms of the agreement, Heska intends to adapt and commercialize the Nu.Q Vet Cancer Screening Test for canine screening and monitoring at the point of care exclusively on Heska's analyzers and test platforms.
AZ

Hot Stocks

08:01 EDT A2Z Smart Technologies expands Cust2Mate Smart Carts pilot program - A2Z Smart Technologies announced the expansion of the pilot program for its Cust2Mate Smart Carts with Evergreen Kosher Market. A2Z's smart carts are now available also at Evergreen's Pomona, New Jersey location and are ready for customer use. A2Z's Cust2Mate Smart Cart streamlines the shopping experience by recognizing every purchased item and enabling in-cart payment so that shoppers skip lines, while also allowing retail grocers to direct shoppers to discounted products and in-store promotions to efficiently manage and move inventory.
EVTL

Hot Stocks

07:57 EDT Vertical Aerospace jumps 13% to $7.84 per share after VX4 order update
IGMS

Hot Stocks

07:53 EDT IGM Biosciences jumps 37% to $20.50 after Q4 results, R&D deal with Sanofi
AZ

Hot Stocks

07:53 EDT A2Z Smart Technologies expands pilot program with Evergreen Kosher Market - A2Z Smart Technologies announced the expansion of the pilot program for its Cust2Mate Smart Carts with Evergreen Kosher Market. A2Z's smart carts are now available also at Evergreen's Pomona, New Jersey location and are ready for customer use.
VECT

Hot Stocks

07:50 EDT Vectivbio present new clinical data on the potential of apraglutide for SBS-IF - VectivBio Holding presented new clinical data demonstrating the potential of apraglutide, a next-generation, long-acting GLP-2 analog, as a novel treatment for short bowel syndrome with intestinal failure patients who have impaired renal function. The data were presented as a poster at the 2022 American Society for Parenteral and Enteral Nutrition Conference, taking place in Seattle, Washington and virtually on March 26-29, 2022. Patients with SBS-IF have an increased risk of complications, including approximately 28% who also suffer from renal dysfunction due to recurrent episodes of severe dehydration and their increased risk for kidney stone formation. GLP-2 analogs have been developed to increase nutrient and fluid absorption. However, currently available GLP-2 therapy requires dose reduction and may not be suitable for these patients with moderate and severe renal impairment and end-stage renal disease. Apraglutide was designed with unique pharmacologic properties that result in a long half-life. As a next-generation GLP-2 analog peptide, apraglutide is metabolized into small peptides and amino acids via catabolic pathways, similar to endogenous GLP-2. Therefore, renal elimination does not play a significant role in clearance of apraglutide, as has been shown in prior preclinical and clinical studies demonstrating no intact parent compound present in urine. A single 5 mg dose of apraglutide was well-tolerated in healthy subjects as well as patients with severe renal disease. There was no overexposure of apraglutide in patients with severe renal impairment compared to healthy subjects, supporting prior preclinical and clinical evidence that renal elimination does not play a significant role in clearance of apraglutide. Therefore, apraglutide dose adjustments are not necessary for SBS-IF patients with renal impairment, for whom they may be required with currently available GLP-2 treatments.
LXXGF

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07:49 EDT Lexagene announces advancements to sample preparation cartridge - LexaGene Holdings announced advancements to its sample preparation cartridge for processing complex samples. LexaGene's MiQLab System is designed to process liquid samples from companion animals used in the diagnosis of infections such as urinary tract infections and skin infections. The System, equipped with a MiQLab Bacterial and AMR panel, screens samples for 10 common pathogens and 33 markers for antimicrobial resistance testing. These AMR tests target genes that confer resistance to four classes of first-line therapeutics, namely tetracyclines, beta lactams, sulfa-TMP, and lincosamides. Dr. Jack Regan, LexaGene's CEO and Founder, stated, "Some sample types are easily processed for PCR testing, such as nasal swab samples, whereas other sample types, contain inhibitors that interfere with PCR. To better handle more complex samples, we have recently embedded a new chemistry into our sample preparation cartridge that greatly improves the MiQLab System's ability to process samples that contain a significant percentage of blood, which is a powerful inhibitor of PCR. We are excited about this advancement and believe the new sample preparation cartridge broadens our testing capabilities for companion animals."
IGMS

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07:47 EDT IGM Biosciences announces proposed public offering - IGM Biosciences announced that it intends to offer and sell $200.0 million of shares of its common stock and, in lieu of common stock to certain investors that so choose, non-voting common stock, in an underwritten public offering. In addition, IGM intends to grant the underwriters a 30-day option to purchase up to an additional $30.0 million of shares at the public offering price, less underwriting discounts and commissions. All of the securities offered in the offering will be sold by IGM. The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. J.P. Morgan, BofA Securities, Stifel, and Guggenheim Securities are acting as joint book-running managers for the offering.
BBU NLSN

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07:45 EDT Brookfield Business Partners enters partnership to acquire Nielsen in $16B deal - Brookfield Business Partners (BBU) announced it has entered into a partnership to acquire Nielsen Holdings plc (NLSN) in an all-cash transaction valued at approximately $16B. The companies said, investment highlights include, "Market-leading position. Nielsen is a global leader in audience measurement and a trusted partner to its customers across the entire media ecosystem. The Company has more than 50 years of statistically significant historical data and its scale is unmatched by competitors. Essential service provider. Nielsen's measurement data underpins the $100+ billion video and audio advertising markets and its measurement data is the established industry standard by which video and audio advertising spend transacts. Resilient performance and outlook. The Company's history of consistent growth is driven by its valued offering and longstanding customer relationships. Nielsen's scale and existing market position should support the Company's ability to consistently grow its measurement business. Value creation potential. Nielsen is well positioned to be the leader in cross-media measurement as audience viewership behavior continues to evolve. The development and adoption of Nielsen ONE, Nielsen's cross-media measurement service, will deliver a unified measure of consumer viewership across all media and support the Company's growth strategy." Brookfield will invest approximately $2.65B by way of preferred equity, convertible into 45% of Nielsen's common equity. Brookfield will be actively involved in the Company's governance. Brookfield Business Partners expects to invest approximately $600M, and the balance of Brookfield's investment will be funded from institutional partners. Prior to or following closing, a portion of Brookfield Business Partners' commitment may be syndicated to other institutional investors. The transaction is subject to customary closing conditions and is expected to close in the second half of 2022.
GFAI

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07:42 EDT Guardforce announces expansion in Dubai, Australia - Guardforce AI announced the Company is in the process of establishing subsidiaries in Dubai and Australia, with a focus on Robotics as a Service rollout initiatives. Guardforce AI's Australian subsidiary, Guardforce AI Robot Service was incorporated in February 2022, while Guardforce AI's Dubai subsidiary, GFAI Robot & Smart Machines Trading was incorporated in March 2022. The GFAI Dubai office is still in its initial setup phase and the Company has begun trial deployments in Dubai with clients in the restaurant, retail, hospitality, exhibition and convention segments.
STRY

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07:41 EDT Starry completes transaction with FirstMark to become publicly traded - Starry became a publicly listed company trading on the New York Stock Exchange with its Class A common stock under the new ticker symbol "STRY." Starry completed the previously announced transaction with FirstMark Horizon Acquisition on March 29 Starry's executive management team and co-founding team were on-hand for the ringing of the opening bell at NYSE on March 29 to celebrate the company's public listing. "Starry was founded with a singular mission: to transform how broadband networks were built so that we could meaningfully improve people's lives with faster, better, more affordable internet access," said Chet Kanojia, co-founder and CEO of Starry.
ORVRF

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07:41 EDT Orchid terminates license agreement with Orechid, signs new deal with JHMR - Orchid Ventures announced it has terminated a licensing agreement for Orchid Essentials with Orechid, also known as Tine Trading Co., signed on May 11, 2020 with cause. Immediately thereafter, Orchid has entered into a new licensing deal with JHMR, Inc., also known as Nimble Distribution, signed on March 15, 2022. Per the terms of the contract, JHMR, Inc. will pay Orchid a $0.75 royalty on all cartridges sold and a $0.50 royalty on all batteries sold. JHMR, Inc. must purchase all vaporizer hardware and terpenes from Orchid, as well as maintain strong brand standards and elevate the brand within the Oregon market. JHMR, Inc. must also meet minimum monthly sales and quarterly sales growth requirements to maintain exclusivity within the Oregon market.
CIDM

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07:39 EDT Cinedigm closes acquisition of Digital Media Rights for $16.4M - Cinedigm announced that the Company has closed the acquisition of Digital Media Rights, a diversified specialty streaming, advertising, and content distribution company with significant expertise in building audiences for global content in North America. The acquisition closed on March 28, 2022 with a purchase price of $16.4M, payable in installments. The Company paid the first payment of $8M in cash at closing, which was funded with cash on hand. Cinedigm will make additional payments totaling $8.4M in cash or stock at the Company's discretion. Cinedigm will pay annual installment payments of $3M, $3M and $2.4M at 12, 24, and 36 months from the closing date, respectively. Cinedigm expects the acquisition will generate approximately $10M in incremental revenue and $3M in incremental Adjusted EBITDA over the next 12 months. The acquisition of DMR scales up Cinedigm to over 30 streaming channel services, 46,000 films and television episodes and 40 million monthly viewers, while adding approximately 18.5 million social subscribers and 4+ billion views. With the addition of DMR's owned and operated, proprietary channels - specializing in genres ranging from anime and pan-Asian programming, to action, horror, arthouse, romance, kid's series, K-pop and more - the Company will now operate 15 wholly-owned streaming services, which comprises over 50% of Cinedigm's channel portfolio. Given DMR's strong programming and tight demographic alignment with Cinedigm's existing subscription services, the Company plans on leveraging its substantial content library to strengthen both Cinedigm and DMR's existing channels beginning immediately. The combined library will also serve as a cornerstone of the Company's forthcoming umbrella streaming service.
HLBZ

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07:37 EDT Helbiz CEO Palella purchases 350K units of the August 2021 PIPE offering - Helbiz Announced that on March 29 Salvatore Palella, Founder and Chief Executive Officer of Helbiz, purchased 350,000 units of the August 2021 PIPE offering, each unit consisting of one shares of Class A Common Stock and one warrant to purchase an additional share of Class A Common Stock for $11.50 per share for an aggregate price of $1,001,000. "Looking at this industry and the year ahead, I only grow more confident about Helbiz," said Palella. "As the market matures, we see global interest in bringing micro-mobility to their streets. Right now, just in the United States, we're in conversations with over a dozen local governments, universities and B2B partners about providing our services." "Micro-mobility continues to be an increasingly attractive solution to a number of issues, such as carbon reduction, urban traffic decongestion, and economical and convenient urban transportation. We have never been more excited by our potential to fully capture the huge market opportunity in front of us."" About Helbiz
GLUE

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07:36 EDT Monte Rosa Therapeutics sees cash funding operations into late 2024 - Cash, cash equivalents and restricted cash as of December 31, 2021, were $351.4 million, compared to $42.9 million as of December 31, 2020. The company expects that its cash and cash equivalents, including the aggregate net proceeds from the initial public offering, will be sufficient to fund planned operations and capital expenditures into late 2024.
NLSN BBU

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07:34 EDT Nielsen to be acquired by Evergreen, Brookfield-led consortium for $16B - Nielsen Holdings (NLSN) announced that it has entered into a definitive agreement to be acquired by a private equity consortium led by Evergreen Coast Capital, an affiliate of Elliott Investment Management, and Brookfield Business Partners (BBU) together with institutional partners for $28 per share in an all-cash transaction valued at approximately $16B, including the assumption of debt. The Nielsen Board of Directors voted unanimously to support the acquisition proposal, which represents a 10% premium over the Consortium's previous proposal and a 60% premium over Nielsen's unaffected stock price as of March 11, the last trading day before market speculation regarding a potential transaction. The Board reached this determination following a comprehensive review of the proposal, with the assistance of its independent financial and legal advisors. The Consortium has secured fully committed debt and equity financing, including an approximately $5.7B equity commitment from the Consortium consisting of Evergreen and Brookfield. There are no financing conditions to the closing of the transaction. The transaction is subject to approval by Nielsen shareholders, regulatory approvals, consultation with the works council and other customary closing conditions. The transaction will also be subject to UK court approval pursuant to a scheme of arrangement. Alternatively, pursuant to the agreement, the parties may elect instead to complete the transaction pursuant to an agreed-upon tender offer. If the closing conditions are met, the transaction is expected to close in the second half of 2022. The company no longer intends to commence share repurchases under the Board's previously approved authorization. The transaction agreement provides for a "go-shop" period, during which Nielsen - with the assistance of its financial advisors, J.P. Morgan and Allen & company, and its legal advisors - will actively solicit, evaluate and potentially enter into negotiations with parties that offer alternative acquisition proposals. The go-shop period expires 45 days after Nielsen's entry into the transaction agreement. Following that period, Nielsen will be permitted to continue discussions and enter into or recommend a transaction with any person or group that submitted a qualifying proposal during the 45-day period, if the Board determines the proposal is superior to this transaction. A competing bidder who makes a superior proposal would bear a $102M termination fee that is payable by Nielsen if Nielsen terminates the transaction agreement with the Consortium to accept such superior proposal.
ENVB

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07:32 EDT Enveric Biosciences files provisional patent for more than 100 novel molecules - Enveric Biosciences announces the filing of a provisional patent application based on new discoveries by the Company. The application describes more than 100 novel individual molecules and, if the broadest claims are allowed, could protect more than 10,000 possible new drug development candidates. The patent application and claimed drug candidates fall into the Company's EVM201 second-generation, psychedelic-derived drug development program, with an initial target indication of cancer-related distress, or CRD, and the potential to be expanded into additional mental health indications.
ALEAF

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07:32 EDT Aleafia Health provides further update on convertible debt - Aleafia Health is providing a corporate update regarding its outstanding listed unsecured convertible debentures, issued on June 27, 2019 and maturing on June 27, 2022. Further to the Company's announcements on February 1, March 1 and March 16, 2022, the Forbearance Agreement, entered into between the Company and holders of Convertible Debt representing approximately 62% of the aggregate principal amount of debentures outstanding, has been extended until April 11, 2022. The Agreement automatically renews for 14-day periods thereafter unless advance notice to the contrary is provided. The parties continue to work expeditiously and in good faith to negotiate a potential transaction to amend the terms associated with the Convertible Debt. While there can be no assurances regarding any outcome, the Company believes progress is being made towards a solution that is beneficial to its stakeholders.
NLSN BBU

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07:31 EDT Nielsen to be acquired by Evergreen-Brookfield-led consortium for $28 per share
SANG

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07:31 EDT Sangoma acquires NetFortris for $68M upfront consideration - Sangoma Technologies Corporation announced it has acquired NetFortris Corporation. This acquisition further accelerates Sangoma into the upper echelon of SaaS communications providers and extends our industry leading suite of cloud services with new MSP capabilities, thereby delivering even more 'one stop shopping' for our customers and providing larger 'share of wallet' for Sangoma. NetFortris provides UCaaS and cloud-based, fully managed MSP solutions for businesses of all sizes and across all industries. They have approximately 250 employees and four primary offices in Dallas, Seattle, Los Angeles, and Manila. In addition to NetFortris' UCaaS offering, their MSP product line delivers all the mission critical communications services that customers need to complement their 'as a Service' applications, such as managed network security, managed SD-WAN, managed network access, monitoring, etc. These MSP services are built upon a highly integrated, end-to-end managed network, backed up by an expert 24/7 network engineering team. NetFortris has over 6,000 customers in North America, over 60,000 seats, with very low customer concentration, and generates expected annualized revenue of just over $50 million. Pursuant to the definitive stock purchase agreement dated March 28, 2022, Sangoma has acquired NetFortris for $68 million in upfront, fixed consideration and up to USD $12 million in an 'Earn-out', for total consideration of up to $80 million if the Contingent Consideration is fully earned. The transaction is now closed. This transaction involved a purchase by Sangoma of 100% of the outstanding equity in NetFortris. The Upfront Consideration of $68 million was satisfied through a combination of cash and Sangoma common shares. The upfront cash amount was $48.8 million and the upfront equity amount was $19.2 million. Based upon the fixed, upfront portion of the purchase price, the implied valuation is approximately 1.3x expected annualized revenue. The cash portion of the Upfront Consideration was funded through a combination of cash on hand and, to minimize dilution, an amended credit facility with its existing lenders. Sangoma will have approximately $110 million of debt on a pro-forma basis, equating to approximately 2.3x pro-forma net debt to Adjusted EBITDA. The equity portion of the Upfront Consideration was satisfied by issuing approximately 1.5 million common shares of Sangoma, and such number of common shares issued was based on the fifteen-day volume weighted average price of Sangoma's common shares as of March 25, 2022. The Contingent Consideration shall be based on the achievement of certain business performance metrics and, to the extent earned, be paid in cash after 12 months from the date of closing.
NLSN BBU

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07:31 EDT Nielsen to be acquired by Evergreen, Brookfield-led consortium for $16B
MBXBF

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07:29 EDT Microbix Biosystems invests to further scale its business - Microbix Biosystems announces investment in programs to upgrade, digitize and fully-integrate its Quality Management System, QMS, and its Enterprise Resource Planning, ERP, platforms. These initiatives will support more rapid growth in each of Microbix's business lines - its test ingredients business, its test Quality Assessment Products, and its Viral Transport Medium. Microbix's QMS and ERP systems investments will total C$ 600,000 in fiscal 2022 - a sum fully in-line with the use-of-proceeds described in the prospectus supporting its public offering and private placement of May, 2021, from which it raised over C$ 6.0 million to be used primarily for expansion-related initiatives. Dr. Ken Hughes, Microbix's Chief Operating Officer, commented, "Our current QMS/ERP solutions have ably supported Microbix over the last several years. However, a stated objective is to future-proof our business as we continue our rapid growth. Moving to state-of-the-art MasterControl and NetSuite cloud-based digital solutions, as well as expanding into newly-commissioned manufacturing facilities with more-automated processes, is doing exactly that".
NLSN

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07:29 EDT Nielsen trading halted, news pending
RIOFF WPM

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07:28 EDT Rio2 Limited announces receipt of first deposit from Fenix Gold Stream - Rio2 Limited (RIOFF) announces that it has received a deposit payment of US$25,000,000 from Wheaton Precious Metals International (WPM) in connection with the previously announced precious metals purchase agreement on Rio2's Fenix Gold Project in Chile. The Gold Stream is a component of the previously announced $125 to $135 Million financing package to fully fund the Fenix Gold Project to production. Under the Gold Stream, WPMI will purchase 6.0% of the gold production until 90,000 ounces of gold have been delivered, thereafter dropping to 4.0% of the gold production until 140,000 ounces of gold have been delivered, after which the Gold Stream will reduce to 3.5% of the gold production for the life of mine from the Fenix Gold Project. In addition, WPMI will make ongoing production payments for gold ounces delivered equal to 18% of the spot gold price until the value of gold delivered to WPMI less the production payments is equal to the total upfront consideration payable by WPMI under the Gold Stream of $50 million, at which point the production payment will increase to 22% of the spot gold price. A second deposit of $25,000,000 will be paid to Rio2 following the receipt of the EIA approval for the Fenix Gold Project, and subject to satisfaction of certain other customary conditions.
OBNNF

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07:27 EDT Osisko Mining announces new results from the Windfall gold project - Osisko Mining provides new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec. Significant new analytical results include 27 intercepts in 8 drill holes and 8 wedges. Osisko Chief Executive Officer John Burzynski commented: "The infill program at Windfall continues to intercept high-grade mineralization. Today's wide headline hole comes from Triple Lynx wireframe 3161 which has another wide zone of 41.4 g/t Au over 9.0 metres. Infill at Underdog is also returning intercepts of over one ounce per tonne over more than two meters."
MIRO

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07:24 EDT Miromatrix Medical moves into new headquarters in Minneapolis - Miromatrix Medical announced they have moved into a new headquarters complete with in-house manufacturing capabilities in suburban Minneapolis. The headquarters encompasses 42,000 square feet and includes 11,000 square feet dedicated to a in-house manufacturing facility. The new headquarters provides Miromatrix employees across multiple functional areas a single location where they can collaborate as they aim to be the first company to develop bioengineered organs approved for patients in need of an organ transplant. The new headquarters will provide adequate capacity to manufacture bioengineered organs for pre-clinical and clinical trial stages of development, and it will be maintained to the same standard as the Company's previous cGMP manufacturing facility that received ISO 13485 certification. Miromatrix will hold a ribbon cutting and open house ceremony at their new headquarters starting at 3pm Central Time on April 27, 2022 to inaugurate the facility's opening. Miromatrix's CEO, Jeff Ross Ph.D., senior executives, staff, and partners will be attending to mark the occasion.
LTCH

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07:24 EDT Latch CFO Mitchell to resign, appoint Schaeffer as interim CFO, Nakamura as CAO - Latch announced organizational changes to its leadership team. After more than three high-growth years, Garth Mitchell is transitioning out of the Company to pursue other opportunities. Mitchell's last day will be May 10. Effective immediately, Barry Schaeffer will assume Mitchell's duties as interim Chief Financial Officer, CFO. Mitchell will provide advisory services to the Company to facilitate a smooth transition of his duties to Schaeffer. The Company has already begun a search process for a new CFO to support Latch's continued growth. Schaeffer joined Latch as Senior Vice President, Finance in August 2021. Junji Nakamura will also assume a new role as Chief Accounting Officer, CAO. Nakamura joined Latch in April 2020 and most recently served as Senior Vice President, Corporate Controller. As part of this operational evolution, Ali Hussain's duties are also shifting. Hussain will retain his title as Chief Operating Officer but will be stepping down as an executive officer and principal operating officer.
OCUP

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07:21 EDT Ocuphire Pharma says MIRA-3 Phase 3 trial of NYXOL meets primary endpoint - Ocuphire Pharma announced topline results in the MIRA-3 trial, the company's second Phase 3 registration trial investigating its product candidate Nyxol for the reversal of pharmacologically-induced mydriasis. Ocuphire announced positive results from its first Phase 3 trial, MIRA-2, in March 2021. Nyxol is a proprietary, preservative-free, stable, investigational eye drop formulation of phentolamine mesylate designed to reduce pupil size by inhibiting contraction of the iris dilator muscle. MIRA-3 was designed as a multi-center, randomized, parallel arm, double-masked, placebo-controlled Phase 3 trial evaluating the safety and efficacy of Nyxol in subjects with pharmacologically-induced mydriasis. MIRA-3 enrolled 368 subjects from November 2021 to February 2022 at 16 sites in the U.S. These topline results demonstrated that the MIRA-3 trial met its primary endpoint with 58% of subjects treated with Nyxol returning to less than or equal to 0.2 mm of their baseline pupil diameter at 90 minutes compared to only 6% of subjects treated with placebo. The effect was also significant at 60 minutes. In comparison, only 36% of placebo treated subjects returned back to baseline PD at 6 hours. These results showed clinically meaningful differences between Nyxol and placebo for accelerating reversal of pharmacologically-induced mydriasis. Highlights of MIRA-3 Efficacy and Safety Results: MIRA-3 s a Phase 3 registration trial evaluating the product candidate Nyxol to expedite the reversal of pharmacologically induced mydriasis. In the trial 368 study participants were randomized 2:1 to receive Nyxol or vehicle control 1 hour after receiving one of 3 mydriatic agents. The three mydriatic agents used in this trial were phenylephrine 2.5%, tropicamide 1%, and Paremyd, which are all commonly used in optometry and ophthalmology offices to dilate patients' pupils for annual or special exams as well as surgical procedures. The study population was comprised of subjects in the modified Intent to Treat population. Summary of MIRA-3 Topline Data: The primary endpoint was met with 58% of subjects treated with Nyxol returning to less than or equal to 0.2 mm of their baseline pupil diameter at 90 minutes compared to only 6% of placebo treated subjects across the three mydriatic agents. Key secondary efficacy endpoints also met statistical significance: Early onset of action with 42% of subjects at baseline PD by 60 minutes post-dose. Significantly more Nyxol-treated subjects returned to normal PD or smaller than placebo-treated subjects at all time points from 1 hour to 24 hours. Similar efficacy was seen with one or two drops of Nyxol. Nyxol was effective regardless of iris color or mydriatic agent used.Approximately 4 hours were gained in time to return to normal pupil diameter overall and across mydriatic agents and iris colors. Nyxol restored normal distance corrected near vision significantly faster than placebo. Nyxol demonstrated a favorable safety and tolerability profile. Nyxol was well tolerated with no serious adverse events or withdrawals due to adverse events. The only AE occurring in greater than 5% subjects was mild, transient conjunctival hyperemia. Ocuphire recently completed enrollment of 23 pediatric subjects in the MIRA-4 trial evaluating the safety and efficacy of Nyxol eye drops to reverse pharmacologically-induced mydriasis. Top line results are expected in the second quarter of 2022. If MIRA-4 meets its endpoints, the results would potentially support a broader label for Nyxol in RM to include children as young as age 3. Ocuphire is also on track to complete the Chemistry, Manufacturing and Controls section of the NDA as three registration batches of Nyxol have been completed and on stability. The company plans to file an NDA that includes the results of MIRA-1, MIRA-2, MIRA-3, and MIRA-4 with the U.S. FDA in late 2022.
ATRS

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07:20 EDT Antares Pharma announces FDA approval of TLANDO - Antares Pharma announced that the U.S. Food and Drug Administration, FDA, granted final approval for TLANDO, an oral treatment for testosterone replacement therapy indicated for conditions associated with a deficiency or absence of endogenous testosterone, or hypogonadism in adult males. Robert Apple, President and Chief Executive Officer of Antares Pharma, commented, "The FDA approval of TLANDO brings to market an oral formulation of testosterone that we believe will prove beneficial to physicians and their patients. We have recently expanded our commercial organization to 108 sales representatives and expect to leverage our relationships with urologists and endocrinologists to drive adoption of TLANDO. This approval also reinforces the opportunity for Antares to continue to drive share gains in the TRT market with both TLANDO and XYOSTED and support our future growth with an expanded commercial portfolio. We look forward to launching TLANDO commercially, which will provide a complementary treatment option to patients and clinicians in the second quarter of this year."
KEX...

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07:19 EDT Kirby announces offshore wind partnership with Maersk - Kirby (KEX) announced the signing of a commercial agreement for its wholly owned subsidiary, Kirby Offshore Wind, to provide barge transportation services for offshore wind towers and turbines to Maersk Supply Service, which has been selected by Empire Offshore Wind, a joint venture between Equinor (EQNR) and bp (BP), as the installation contractor for the project off the coast of New York. Kirby's contract with Maersk represents a 20-year framework agreement with the Empire Wind projects being the first. Kirby Offshore Wind will provide the Jones Act compliant feeder barges and tugboats which will transport the wind towers and turbines from the South Brooklyn Marine Terminal to a specialized Maersk wind turbine installation vessel. Kirby will be investing in two new American Bureau of Shipping classed feeder barge and diesel-electric hybrid tugboat units which will be constructed in U.S. shipyards for a total combined cost of between $80 million to $100 million. The capital investment for the new vessels will be incurred through progress payments over the 2023 to 2025 timeframe. David Grzebinski, Kirby's President and Chief Executive Officer, commented, "We are excited to announce Kirby's participation in the offshore wind market through our newest business division, Kirby Offshore Wind. We have been carefully evaluating opportunities to enter the offshore wind industry for several years, and we are very pleased to partner with world-class operators such as Maersk, Equinor, and bp on a critical foundational project with a multi-year transportation agreement. Kirby's participation in this renewable energy space will not only grow Company earnings and returns, but will also greatly enhance our ESG product and service offerings in the coming years."
RNLX

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07:17 EDT Renalytix says RAPID biorepository on traxk to exceed 4,000 biospecimens - Renalytix announced the proprietary Renalytix Accelerating Precision medicine In Diabetes biorepository is on track to exceed 4,000 unique patient biospecimens with matching, deidentified electronic health record data in 2022 through the Company's real-world evidence program. RAPID, in combination with unique contracted access to large medical center patient cohorts, enables KidneyIntelX improvements for its bioprognostic methodology and therapeutic response monitoring, and supports expanded regulatory and reimbursement initiatives beginning in calendar year 2022. The RAPID biorepository was initiated in 2020 as a key part of the Renalytix real-world evidence clinical study program to accelerate the development of precision medicine products and services. With over 95% of KidneyIntelX tested patients from multiple real-world evidence programs now consenting for their samples and data to be used, Renalytix expects total biospecimen access for this KidneyIntelX precision medicine platform to exceed 30,000 unique patient specimens by calendar year 2024. The KidneyIntelX RAPID biorepository is expected to continue to grow into one of the largest real-world patient biobanks incorporating current and emerging care standards for kidney disease and diabetes, including use of innovative drug treatments such as SGLT2 inhibitors, GLP1 receptor agonists, and non-steroidal mineralocorticoid receptor antagonists. Recent breakthroughs in therapies, such as SGLT2 inhibitors, GLP1 receptor agonists, and non-steroidal mineralocorticoid receptor antagonists, for the treatment of kidney and cardiovascular outcomes have intensified the need for precision medicine solutions such as KidneyIntelX to understand individual patient risk and the prediction of early-stage disease progression. KidneyIntelX is the only kidney health platform that has received Breakthrough Device Designation from the U.S. Food and Drug Administration. KidneyIntelX has secured provider agreements with more than 30 state Medicaid programs and is also covered under various commercial insurance programs.
ODFL

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07:17 EDT Old Dominion's expansion push includes service center growth in seven cities - Old Dominion Freight Line announces its latest expansion efforts with service center growth in seven cities in the fourth quarter of 2021 and first quarter of 2022. The less-than-truckload carrier's new or improved facilities include Alliance, Texas, Byhalia, Miss., Clear Lake, Iowa, Kernersville, N.C., Marysville, Wash., West Columbia, S.C., and Westfield, Mass. he seven new and relocated service centers are strategically placed to reinforce Old Dominion's commitment to operational excellence and build network capacity. The LTL carrier focuses on finding new cities to expand in addition to improving current service centers by adding more doors, upgrading technology, and hiring additional employees, allowing the Company to better serve customers as demand continues to grow.
ZNTL

Hot Stocks

07:15 EDT Zentalis, Caris Life Sciences collaborate to support clinical trials - Zentalis Pharmaceuticals announced a strategic collaboration with Caris Life Sciences, the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare. Through this partnership, Caris will sequence individuals' complete exome and transcriptome, leverage real-world data to help inform clinical development and help identify eligible patients for Zentalis' clinical trials. Initially, Caris will assist in the recruiting efforts for Zentalis' clinical trials investigating the Wee1 inhibitor, ZN-c3. Under the terms of the agreement, Zentalis retains full ownership of its therapeutic candidates.
ELOX

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07:15 EDT Eloxx Pharmaceuticals sees cash runway into 2Q23 - "We are incredibly grateful for this significant level of financial and scientific support from the CF Foundation, which will enable us to build uponour clinical results announced in November 2021 and the potential of ELX-02 to bring forward a treatment for Class 1 CF patients with nonsense mutations," said Sumit Aggarwal, President and Chief Executive Officer of Eloxx. "Class 1 CF patients with mutations do not have any available treatment options, and so our ability to work urgently is critical on behalf of patients. Furthermore, this additional award from the CF Foundation extends our cash runway into the second quarter of 2023."
ELOX

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07:14 EDT Eloxx announces therapeutic development award from CF Foundation - Eloxx Pharmaceuticals announced that the Company has received additional funding of a Therapeutic Development Award of up to $15.9 million from the CF Foundation to support the ongoing ELX-02 clinical program. This is in addition to the previously announced partial funding of the global clinical trial program. "We are incredibly grateful for this significant level of financial and scientific support from the CF Foundation, which will enable us to build uponour clinical results announced in November 2021 and the potential of ELX-02 to bring forward a treatment for Class 1 CF patients with nonsense mutations," said Sumit Aggarwal, President and Chief Executive Officer of Eloxx. "Class 1 CF patients with mutations do not have any available treatment options, and so our ability to work urgently is critical on behalf of patients. Furthermore, this additional award from the CF Foundation extends our cash runway into the second quarter of 2023." The CF Foundation has awarded funding of up to $15.9 million to support the ongoing ELX-02 global Phase 2 clinical program. Following an upfront funding of $7.0 million, the funding will be tranched based on the achievement of certain clinical milestones. Eloxx will pay the CF Foundation royalties tiered to the actual level of funding from the CF Foundation. Patient dosing is ongoing in the expansion arm of the Phase 2 trial, which includes a combination of ELX-02 and Kalydeco, a CFTR protein potentiator. In preclinical studies, Class 1 CF patient organoids had a 2- to 3-fold higher swelling response with a combination of ELX-02 and Kalydeco than with ELX-02 as a monotherapy. Topline results are expected by the end of the first half of 2022. The U.S. Food and Drug Administration has granted Fast Track designation for ELX-02. In addition, ELX-02 has also been granted Orphan Drug Designation for the treatment of CF patients with nonsense mutations by the FDA and orphan medicinal product designation by the European Medicines Agency.
GFAI

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07:14 EDT Guardforce to establish subsidiaries in Australia, Dubai - Guardforce announced the company is in the process of establishing subsidiaries in Dubai and Australia, with a focus on Robotics as a Service, or RaaS, rollout initiatives. Guardforce AI's Australian subsidiary, Guardforce AI Robot Service was incorporated in February, while Guardforce AI's Dubai subsidiary, GFAI Robot & Smart Machines Trading was incorporated in March. The GFAI Dubai office is still in its initial setup phase and the company has begun trial deployments in Dubai with clients in the restaurant, retail, hospitality, exhibition and convention segments.
PASG

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07:14 EDT Passage Bio announces publication of preclinical data on PBKR03 - Passage Bio announced publication of the pre-clinical studies that supported clinical study initiation for PBKR03 gene therapy for infantile Krabbe disease. In the paper reporting these preclinical results, researchers report marked improvements in both disease progression and key biomarkers in large and small animal models of Krabbe disease following a single administration of PBKR03, with no observed dose-limiting toxicities. The paper is published online ahead of print in the May issue of Human Gene Therapy. "The benefits of our strategic collaboration with GTP are apparent when you see the robust preclinical data underpinning our decision to move forward with PBKR03 for infantile Krabbe disease," said Bruce Goldsmith, Ph.D., chief executive officer and president, Passage Bio. "These preclinical studies support our belief that gene replacement with PBKR03 has the potential to provide meaningful clinical benefit by reducing neuronal demyelination and damage to both the central and peripheral nervous systems of children with infantile Krabbe disease. As previously announced, the first child with infantile Krabbe disease has now received PBKR03 in Passage Bio's clinical study - GALax-C - and we look forward to continued enrollment in the initial cohort." For the preclinical studies, the researchers selected animal models in which a spontaneous mutation in the GALC gene recapitulates certain characteristics of human disease in the animal's central and peripheral nervous systems, such as low or no GALC enzyme activity, toxic accumulation of psychosine, and rapid neurological deterioration. Their experiment in mice which was designed to approximate developmental age and disease stage of the intended population with infantile Krabbe disease showed that administration of PBKR03 into the cerebrospinal fluid led to dose-dependent improvements in histopathological, biochemical, and clinical disease signs. Further, in a canine model of Krabbe disease, intra-cisterna magna delivery of the AAV gene therapy resulted in elevated GALC enzyme activity in brain, spinal cord and CSF, reduced psychosine accumulation, and preserved central and peripheral nerve myelination compared to the control group. This led to marked improvements in nerve conduction function, ambulation, and survival. In Passage Bio's clinical trial GALax-C, patients are also administered PBKR03 via ICM.
CDNA

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07:13 EDT CareDx partners with HeartBrothers Foundation as corporate member - CareDx announced that it is partnering with the HeartBrothers Foundation as a corporate member and also hosting a patient education webinar together. HeartBrothers is a non-profit organization dedicated to helping patients with heart failure, including those receiving heart transplants, navigate their heart-related challenges. On Thursday, March 31, CareDx and the HeartBrothers Foundation will co-host an educational webinar offering patients tips and tools for navigating the transplant journey, including insights from the personal stories of transplant recipients and their care partners, and information about non-invasive post-transplant surveillance.
ENTA

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07:12 EDT Enanta gets FDA fast track designation for once-daily, oral COVID-19 treatment - Enanta Pharmaceuticals announced that the U.S. Food and Drug Administration FDA has granted Fast Track designation for EDP-235, its coronavirus 3CL protease inhibitor, also known as the main coronavirus protease, or Mpro specifically designed as a once-daily, oral treatment for COVID-19. "Despite the broad availability of vaccines, there remains a need for highly potent, oral treatments specifically designed to target SARS-CoV-2, a virus that continues to persist and mutate globally. Receiving Fast Track designation from the FDA underscores EDP-235's potential as a once-daily, oral therapeutic for the treatment and prevention of SARS-CoV-2 infection and as another option in the global fight against the ongoing pandemic," said Jay R. Luly, Ph.D., President and Chief Executive Officer of Enanta Pharmaceuticals. "We believe that the profile of EDP-235 positions it as a potential best-in-class antiviral therapeutic and we remain on track to report data from our ongoing Phase 1 study of EDP-235 next quarter. We look forward to working with the FDA to continue to advance EDP-235 as expeditiously as possible."
TBLA

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07:12 EDT Taboola targeting ex-TAC gross profit exceed $1B by 2025 - Plans to maintain 30%+ adjusted EBITDA margins
RZLT

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07:11 EDT Rezolute joins Rare Disease Company Coalition - Rezolute announced that it has joined the Rare Disease Company Coalition. As an alliance of life science companies formed in May of 2021, the Rare Disease Company Coalition is committed to discovering, developing, and delivering rare disease treatments for the patients they collectively serve.
BTTR

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07:10 EDT Better Choice Company expects Q1 gross sales to exceed 40% growth - "We estimate that first quarter 2022 gross sales will exceed 40% growth relative to the first quarter of 2021, where we delivered $13.4m of gross sales," CEO Scott Lerner said.
TSHA

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07:08 EDT Taysha gets Canada approval for development of TSHA-102 for Rett syndrome - Taysha Gene Therapies announced the initiation of clinical development of TSHA-102 for the treatment of Rett syndrome under a recently approved Clinical Trial Application CTA by Health Canada. Sainte-Justine Mother and Child University Hospital Center in Montreal, Quebec, Canada has been selected as the initial clinical site under the direction of Dr. Elsa Rossignol, principal investigator. The company also announced positive preclinical data from IND/CTA-enabling studies including a pharmacology study in the Rett knockout mouse model that assessed the efficacy of TSHA-102 and a Good Laboratory Practices GLP toxicology study of TSHA-102 in nonhuman primates NHPs) that explored biodistribution and mechanism of action, both of which supported authorization of the CTA. "Initiation of clinical development is a significant milestone for the TSHA-102 program and Rett syndrome community," said Suyash Prasad, MBBS, M.Sc., MRCP, MRCPCH, FFPM, Chief Medical Officer and Head of Research and Development of Taysha. "Treating Rett syndrome by gene replacement therapy requires an approach that can safely regulate transgene expression in a genotypic manner on a cell-by-cell basis without causing deleterious effects associated with overexpression. TSHA-102's robust preclinical data package supports and validates the safe and controlled regulation of transgene expression using miRARE, a novel miRNA-responsive target sequence exclusively licensed to Taysha and developed by Drs. Sarah Sinnett and Steven Gray1 of UT Southwestern Medical Center. Data from the 6-month non-human primate GLP toxicology study reinforced TSHA-102's favorable safety profile across all dose levels tested including doses up to 4-fold above the presumed clinical starting dose. Data from the IND/CTA-enabling pharmacology study in mouse models of Rett syndrome demonstrated that miRARE regulated transgene expression improved survival, respiratory and motor function assessments across multiple dose levels. We continue to be highly encouraged by the therapeutic potential of TSHA-102." These preclinical safety and efficacy data will be presented at the International Rett Syndrome Foundation IRSF Rett Syndrome Scientific Meeting taking place April 26-27, 2022 in Nashville, Tennessee.
LPCN ATRS

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07:07 EDT Lipocine says Antares Pharma received FDA approval of TLANDO - Lipocine (LPCN) announced that Antares Pharma (ATRS) issued a press release announcing that the U.S. FDA has approved TLANDO, an oral treatment for testosterone replacement therapy in adult males for conditions associated with a deficiency of endogenous testosterone, also known as hypogonadism. Lipocine licensed the exclusive U.S. commercialization rights for TLANDO to Antares Pharma.
VWE

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07:06 EDT Vintage Wine Estates partners with Travel + Leisure to launch two wine clubs - Vintage Wine Estates, has partnered with Travel + Leisure Group to launch two wine clubs featuring selections from over 25 wineries throughout Napa, Sonoma, California's Central Coast, Oregon and Washington. Travel + Leisure Wine allows members to select from two exclusive wine clubs for uniquely selected quarterly shipments of renowned wines.
SCYX

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07:05 EDT Scynexis expects cash to fund operating requirements into 2Q23 - Cash and cash equivalents totaled $104.5 million on December 31, 2021, compared to $93.0 million in cash, and cash equivalents on December 31, 2020. Based upon its existing operating plan, the Company believes that its existing cash and cash equivalents, the funding of $5.0 million from the third tranche of the previously reported Term Loan Agreement with Hercules Capital/SVB for positive CANDLE study top-line data, and receipt of $4.7 million in conjunction with the sale of New Jersey Net Operating Losses will enable us to fund our operating requirements into the second quarter of 2023.
SAVE

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07:04 EDT Spirit Airlines completes terminal move at LaGuardia - Spirit Airlines announced the completion of its terminal move at LaGuardia Airport, or LGA, with all Spirit flights now calling Terminal A home. Over the past year, Spirit maintained a split operation between Terminal C and Terminal A, also known as the Marine Air Terminal. The move has enhanced the LGA Guest experience with all flights now consolidated in one of the most convenient locations at LaGuardia. Additionally, the move also benefits Guests by streamlining Spirit's operation at the airport.
UNH LHCG

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07:04 EDT UnitedHealth to acquire LHC Group for $170 per share, to combine with Optum - Optum, part of UnitedHealth (UNH), and LHC Group (LHCG) have agreed to combine. The agreement calls for the acquisition of LHC Group's outstanding common stock for $170 per share. LHC Group's 30,000 employees, including frontline care providers and administrative and support personnel, provide more than 12M annual in-home patient-focused interventions. The LHC Group leadership team will continue forward as part of Optum Health. The agreement calls for the acquisition of LHC Group's common stock for $170 per share in cash and is expected to close in the second half of 2022 subject to LHC Group shareholder approvals, regulatory approvals and other customary closing conditions. Co-founders Keith and Ginger Myers will personally invest $10M in UnitedHealth stock following the close of the combination. The acquisition is expected to be neutral to UnitedHealth Group's outlook for adjusted net earnings per share in 2022, modestly accretive in 2023, and advancing in subsequent years.
GOGO

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07:03 EDT Gogo announces promotes Sergio Aguirre to COO and other management changes - Gogo announced that Sergio Aguirre will be promoted to President and COO of Gogo effective April 1. Aguirre, who previously served as President of Gogo's Business Aviation Division, will continue to report directly to Gogo Chairman and CEO Oakleigh Thorne. Gogo also announced succession plans for Executive Vice President and General Counsel, Margee Elias, and Executive Vice President and CFO, Barry Rowan, who have separately announced plans to retire. Elias intends to retire by the end of 2022, after 15 years at Gogo. The Company has initiated a search to identify her successor with the assistance of a leading executive search firm. Rowan intends to retire in 2023, shortly after Gogo announces its full-year 2022 results. Jessica Betjemann, Gogo's current Senior Vice President of Finance, Chief Accounting Officer and Treasurer, will succeed Rowan.
KALA

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07:03 EDT Kala Pharmaceuticals expects cash to fund operations into Q2 of 2023 - As of December 31, 2021, Kala had cash and cash equivalents of $92.1 million, compared to $124.5 million of cash, cash equivalents and short-term investments as of September 30, 2021. This decrease primarily reflects cash used in operations, as well as the $5 million paid as upfront consideration for the acquisition of Combangio, which closed in the fourth quarter of 2021. Based on its current plans, Kala anticipates that its cash resources as of December 31, 2021, together with anticipated revenue from EYSUVIS and INVELTYS, will enable it to fund its operations into the second quarter of 2023.
BHC

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07:03 EDT Bausch Health to reduce debt by $200M - Bausch Health Companies announced it will reduce debt by $200M through the pay down of its senior secured term loans on March 31, 2022, using cash generated from operations
LHDX

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07:02 EDT Lucira Health's COVID-19 & Flu at-home test shows positive study results - Lucira Health announced that preliminary clinical study results for its COVID-19 & Flu test demonstrated similar sensitivity and specificity to highly sensitive lab-based PCR assays for COVID-19, Flu A, and Flu B. Regulatory submissions to the U.S. FDA, Health Canada, European Medicines Agency, and other regulatory authorities are planned for the second quarter of 2022 with decisions expected before this upcoming flu season.
BMY

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07:01 EDT Bristol-Myers annuounces EMA validation of Opdivo in lung cancer treatment - Bristol Myers Squibb announced that the European Medicines Agency, or EMA, has validated its type II variation application for Opdivo, or nivolumab, in combination with chemotherapy for the neoadjuvant treatment of patients with resectable stage IB to IIIA non-small cell lung cancer, or NSCLC, based on results from the CheckMate -816 trial. Validation of the application confirms the submission is complete and begins the EMA's centralized review procedure. In the pivotal CheckMate -816 study, the first positive Phase 3 trial with an immunotherapy in the neoadjuvant setting of NSCLC, three cycles of Opdivo in combination with chemotherapy demonstrated a statistically significant and clinically meaningful improvement in event-free survival and pathologic complete response versus chemotherapy alone when given before surgery. Based on the results of CheckMate -816, the U.S. FDA approved Opdivo in combination with chemotherapy for the treatment of adult patients with resectable NSCLC in the neoadjuvant setting in March 2022.
PLL

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06:55 EDT Piedmont Lithium reports increase in Mineral Resources for the Ewoyaa Project - Piedmont Lithium announced that Piedmont's partner, Atlantic Lithium, recently announced completion of a Mineral Resource estimate update for the Ewoyaa Project in Cape Coast, Ghana totaling 30.1M metric tonnes @ 1.26% Li2O. Piedmont has an earn-in right to a 50% interest in Atlantic Lithium's Ghanaian projects including Ewoyaa and the Company holds an equity interest of approximately 10% in Atlantic Lithium. The updated Mineral Resource estimate, including 20.5 Mt @ 1.29% Li2O of Indicated Resources, was reported in accordance with JORC Code standards. "We're very pleased with the reported increase in Mineral Resources for the Ewoyaa Project, notably the increase in Mineral Resources in the Indicated category" said Piedmont's COO, Patrick Brindle. Brindle added, "The Ewoyaa Project is one of the best located spodumene project in Africa, and its development is fundamental to our growth strategy as an important source of spodumene concentrate for our LHP-2 Project. We look forward to Atlantic Lithium's completion of a prefeasibility study for the Ewoyaa Project, which will both increase the level of engineering definition for the Project as well as provide important data needed to advance regulatory approvals for the Project."
SV

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06:54 EDT NuScale Power, Spring Valley Acquisition Corp. announce additional $10M PIPE - NuScale Power and Spring Valley Acquisition Corp. announced that SailingStone Capital Partners, a subsidiary of Pickering Energy Partners LP, has committed to a $10M private investment in public equity in furtherance of the NuScale-Spring Valley merger transaction, increasing the total PIPE commitment for this transaction up to $221M. SailingStone provides investment solutions in the global natural resource space with a specific focus on the industrial businesses, commodities and infrastructure assets, which will enable the energy transition. This latest commitment further demonstrates the breadth and strength of investor interest in NuScale's SMR technology and the multifaceted role the company is poised to play in the global energy transition. It also follows NuScale and Spring Valley's announcement in February of the satisfaction of contingencies securing a $30 million PIPE commitment from Samsung C&T Corporation which ensured that, pending satisfaction of remaining closing conditions, the minimum cash threshold for the business combination can be met. The transaction is expected to close in the second quarter of 2022 and is subject to approval by Spring Valley's shareholders as well as other customary closing conditions.
LCI

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06:54 EDT Lannett initiates biosimilar insulin glargine trial - Lannett announced that it has initiated the pivotal clinical trial of biosimilar insulin glargine, a product the company is co-developing with its strategic alliance partners within the HEC Group of companies.
TYME

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06:52 EDT Tyme Technologies to explore potential strategic options - Tyme Technologies announced that its Board of Directors has decided to explore potential strategic options to enhance stockholder value. The company has engaged Moelis & Company LLC as its financial advisor and Faegre Drinker Biddle & Reath LLP as its legal advisor. On January 26, 2022, Tyme announced the discontinuation of a randomized Phase II/III trial of SM-88 in combination with methoxsalen, phenytoin, and sirolimus for patients with metastatic pancreatic cancer upon learning that the trial sponsor terminated the study arm due to futility. Notwithstanding the discontinuation of its most advanced clinical trial, the company believes there are additional opportunities that could enhance value for Tyne stockholders. Tyne believes that being well-capitalized affords it the ability to consider a wide range of strategic options and therefore has commenced a formal process with Moelis & Company LLC. The Strategic Planning Committee of the Board will act as a Transaction Committee and will be led by Tyne Board Member Timothy Tyson, who possesses over 35 years of biotechnology and pharmaceutical industry experience, including multiple M&A transactions. There can be no assurance that this process will result in any such transaction, and the company does not intend to disclose additional details unless and until it has entered into a specific transaction.
PFE

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06:47 EDT Pfizer announces 'positive' results from Phase 3 trial of etrasimod in UC - Pfizer announced positive top-line results from a second Phase 3 study of etrasimod, an investigational, oral, once-a-day, selective sphingosine 1-phosphate receptor modulator in development for the treatment of moderately to severely active ulcerative colitis. The positive 12- and 52-week results from ELEVATE UC 52 follow the recent announcement of positive 12-week findings from the ELEVATE UC 12 trial on March 23. In this 52-week study, also known as ELEVATE UC 52, etrasimod patients achieved statistically significant improvements in the co-primary endpoints of clinical remission at weeks 12 and 52 when compared to placebo. Statistically significant improvements were attained in all key secondary endpoints at both 12 and 52 weeks. Etrasimod demonstrated a safety profile consistent with previous studies, including the Phase 2 OASIS trial. "For patients suffering with moderate to severe ulcerative colitis, these most recent data further demonstrate the substantial potential benefits of this medicine and clearly confirm its ability to achieve significant induction of remission at 12 weeks and now clinical remission at week 52. These data underscore etrasimod's potential, if approved, as a best-in-class therapy," said Michael Corbo, Chief Development Officer, Inflammation & Immunology, Pfizer Global Product Development. "Etrasimod can potentially provide a new, once-daily, oral option with a rapid onset of action and without first dose titration. Further, we believe the treat-through design of the ELEVATE UC 52 study more accurately reflects a real-world treatment approach than the re-randomization design often used in UC clinical trials."
AZN

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06:42 EDT AstraZeneca says Ondexxya approved in Japan for reversal of acute major bleeds - Ondexxya has been approved in Japan for patients treated with the Factor Xa, or FXa, inhibitors apixaban, rivaroxaban or edoxaban, when reversal of anticoagulation is needed due to life-threatening or uncontrolled bleeding, AstraZeneca announced. "The approval by the Japanese Ministry of Health, Labour and Welfare was based on positive results from the ANNEXA-4 Phase III clinical trial showing Ondexxya rapidly and markedly reversed anti-FXa activity in patients with acute major bleeding. Ondexxya is the first approved medicine in Japan to specifically reverse the anticoagulant effect of FXa inhibitors apixaban, rivaroxaban or edoxaban in patients experiencing a life-threatening or uncontrolled bleed. Japan is also the first country to provide full regulatory approval of Ondexxya for use with all three of the FXa inhibitors currently available," the company stated.
PYXS

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06:41 EDT Pyxis Oncology provided a corporate update - Pyxis Oncology provided a corporate update. "We have had a highly productive start to 2022, advancing our lead programs toward first-in-human clinical trials while executing our strategy of identifying the most promising scientific breakthroughs and therapeutics in the treatment of cancers," said Lara Sullivan, CEO of Pyxis Oncology. "The in-licensing of Biosion's anti-Siglec-15 and the introduction of our first internally developed candidate anti-KLRG1 further validate our approach to portfolio and pipeline expansion by identifying and progressing some of the most promising scientific and clinical advances from either our internal discovery engines or external sources." Corporate Development Highlights include: License agreement with Biosion adds anti-Siglec-15 to Pyxis Oncology's IO pipeline; Pipeline expansion with the addition of Company's first internally developed candidate; Additional GLP study underway for PYX-202; advancing programs toward the clinic with near-term catalysts.
RIG

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06:36 EDT Transocean acquires minority interest in Ocean Minerals - Transocean announced that it has purchased a minority interest in Ocean Minerals Ltd., a company engaged in the exploration of seabed resources containing metals critical to the growing renewable energy market. Ocean Minerals, through its affiliate, Moana Minerals Limited, was awarded a license by the Cook Islands Seabed Minerals Authority last month for exploration of polymetallic nodules within the application area located in the Cook Islands exclusive economic zone. Critical minerals, such as cobalt, nickel, copper, manganese, and rare earth metals found in the nodules are essential for the production of high-capacity batteries. Transocean is working with Ocean Minerals on the technology and services that will be required to collect nodules from the seabed upon receipt of a production license. The Cook Islands is one of several offshore locations worldwide with large, accessible deposits of nodules containing a high content of these critical minerals. Responsible recovery of the nodules would provide additional supply required to support growing demand.
IMGN

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06:32 EDT ImmunoGen submits BLA to FDA for mirvetuximab soravtansine - ImmunoGen announced that it has submitted a Biologics License Application, or BLA, under the accelerated approval pathway to the FDA for mirvetuximab soravtansine monotherapy in patients with folate receptor alpha, or FRalpha,-high platinum-resistant ovarian cancer who have been previously treated with 1 to 3 prior systemic treatments. The submission is based on results from the pivotal Phase 3 SORAYA trial. Top-line data from SORAYA were announced in November 2021 and full data from the study were presented this month at the Society of Gynecologic Oncology (SGO) 2022 Annual Meeting. The FDA has a 60-day review period to determine whether the BLA is complete and acceptable for filing. ImmunoGen has requested priority review of the application and, if granted, the review will be completed within six months of the filing date.
TWLO

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06:17 EDT Twilio charges three Twilio software engineers with insider trading - The Securities and Exchange Commission on Monday announced insider trading charges against three software engineers employed at Twilio, Inc., a San Francisco-based cloud computing communications company, and four family members and friends for allegedly generating more than $1M in collective profits by insider trading ahead of the company's positive first quarter 2020 earnings announcement on May 6, 2020. According to the SEC's complaint, friends Hari Sure, Lokesh Lagudu and Chotu Pulagam were software engineers at Twilio and had access to various databases relevant to the company's reporting of revenue. As alleged, around March 2020, they learned through the databases that Twilio's customers had increased their usage of the company's products and services in response to health measures taken in light of the Covid-19 pandemic, and concluded in a joint chat that Twilio's stock price would "rise for sure." The SEC's complaint alleges that despite receiving a company policy that prohibited them from insider trading, Sure, Lagudu and Chotu Pulagam knowingly tipped off, or used the brokerage accounts of, their family and close friends - Dileep Kamujula, Sai Nekkalapudi, Abhishek Dharmapurikar and Chetan Pulagam - to trade Twilio options and stock in advance of its May 6, 2020 earnings announcement while in possession of the confidential information concerning customer usage. The SEC's complaint, filed in the Northern District of California, charges each of the defendants with violating the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The U.S. Attorney's Office for the Northern District of California also announced criminal charges against Dileep Kamujula.
CONN

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06:16 EDT Conn's acquires lease-to-own technology assets - Chandra Holt, Conn's CEO said, "Pursuing growth opportunities across the spectrum of payment options has de-risked our business, increased our addressable market and improved credit segment performance, which helped drive record earnings in fiscal year 2022. In addition, enhancing our credit business is a key strategic priority for the company. I am excited to announce progress towards this goal with the acquisition of lease-to-own technology assets that will enable us to originate and service lease-to-own customers in-house. I believe owning the lease-to-own platform will allow us to deliver a more seamless experience, capture a greater number of customers and financially benefit from the vertical integration of the lease-to-own business."
BDSX

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06:10 EDT Biodesix announces publication of data from GeneStrat NGS test studies - Biodesix announced that new data were published in the peer-reviewed journal, Diagnostics, in an article titled, "Analytic and Clinical Validation of a Pan-Cancer NGS Liquid Biopsy Test for the Detection of Copy Number Amplifications, Fusions and Exon Skipping Variants." This peer-reviewed publication further validates the GeneStrat NGS test and the use of multiple classes of tumor markers in circulating free nucleic acid analysis as a surrogate for tumor tissue biopsies. Additionally, Biodesix will present data associated with the GeneStrat ddPCR and NGS blood tests in a poster presentation focused on reporting validation studies of key actionable mutations in NSCLC entitled: Analytic and clinical validation of a new pan-cancer NGS liquid biopsy test for the detection of copy number variations, fusions/exon skipping, somatic variants and indels, at the American Association for Cancer Research (AACR) Annual Meeting from April 8-13. The full abstract can be found on the official AACR website here. Poster presentations will be viewable after April 8th. The company believes that the coupling of highly sensitive, rapid stand-alone droplet digital PCR and the NGS techniques offers more comprehensive blood-based testing support for patients with non-small cell lung cancer, or NSCLC and provides clinically relevant information both before and after targeted treatment of patients with cancer.
IGMS

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06:09 EDT IGM Biosciences sees FY22 GAAP operating expenses $250M-$260M - IGM expects full year GAAP operating expenses of $250M-$260M including estimated non-cash stock-based compensation expense of approximately $50M.
RDWR

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06:08 EDT Radware announces $1M deal with major South American conglomerate - Radware announced it expanded its relationship with a major South American conglomerate in a million dollar deal. To support the digital transformation of its portfolio companies, the conglomerate is leveraging Radware's solution to increase its application cybersecurity defenses, expand DDoS protection for its local infrastructure, and add integrated application delivery capabilities. The conglomerate turned to Radware for comprehensive integrated application and network security, including its Attack Mitigation Solution. To protect application availability, the conglomerate increased its investment in Radware's DefensePro DDoS protection. To secure delivery of its web applications and provide API security, the organization deployed Radware's integrated web application firewall.
IGMS SNY

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06:07 EDT IGM Biosciences announces global R&D collaboration with Sanofi - An exclusive worldwide collaboration agreement with Sanofi (SNY) for multiple oncology, autoimmune and inflammation targets was announced. IGM (IGMS) and Sanofi will leverage IGM's proprietary IgM antibody technology platform to discover IgM antibody agonists against three oncology targets and three autoimmune/inflammation targets. IGM will receive a $150M upfront payment and potentially over $6B in aggregate development, regulatory and commercial milestones. A 50:50 profit share in certain major market countries and tiered royalties in the rest of world is planned for oncology targets, and IGM will receive tiered royalties for autoimmune/inflammation targets. Sanofi has also expressed an interest in purchasing up to $100M of IGM non-voting common stock in a public financing. Closing of the collaboration is contingent on completion of review under antitrust laws, including the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in the U.S., and other customary closing conditions.
JKS

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06:06 EDT JinkoSolar delivers 100GW of solar modules globally - JinkoSolar announced it has delivered 100GW of solar modules globally. JinkoSolar is the first company in history to achieve this milestone. Approximately one out of every ten solar modules installed in the world was produced by JinkoSolar.
CONN

Hot Stocks

06:04 EDT Conn's to invest in its core and to accelerate eCommerce growth - "Throughout FY23, we will focus on transforming our business by investing in initiatives that strengthen our core, enhance our credit business and accelerate eCommerce growth. We believe these investments will further increase our competitive advantage, drive controlled revenue and profitability growth and create sustainable value for our shareholders," stated Chandra Holt, Conn's CEO.
MAT

Hot Stocks

06:03 EDT Mattel announces licensing agreement with Universal for Trolls franchise - Mattel announced that it has entered into a multi-year global licensing agreement with Universal Brand Development for DreamWorks Animation's Trolls. The vibrant and joyful animated franchise - teeming with big hearts, hair-raising comedic adventures and award-winning music - Trolls has become one of the most recognized family entertainment brands in the world. Through the agreement, Mattel has the licensing rights to develop a full line of toys for the franchise, including dolls, vehicles, plush, games and more. The collection is expected to launch at retailers around the world in fall 2023. An all-new Trolls film hits theaters in November 2023.
BP UBER

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06:01 EDT BP, Uber announce global delivery partnership - Bp (BP) and Uber Technologies (UBER) are announcing a new global strategic convenience delivery partnership, extending their existing local arrangements to reach more consumers across the world. Together, the partners will offer a huge range of quality convenience products, including fresh and prepared ranges, from select retail locations. Bp is the first convenience retailer to team up with Uber Eats on a global level and aims to have more than 3,000 retail locations available on the delivery platform over the next three years. The partnership supports bp's goal of growing its access to customers and expanding its delivery footprint, in response to soaring demand for food, groceries and everyday essentials brought to the door. The new partnership covers retail sites in Australia, New Zealand, Poland, South Africa and the west coast of US. Sites in the UK and eastern US will be added to the app for the first time this year, with plans to launch in other European markets from 2023.
NVST

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05:31 EDT Envista receives FDA clearance for mandibular nerve tracing feature - Envista announced today the 510(k) FDA clearance of its Assisted Intelligence mandibular nerve tracing feature in its image acquisition and diagnostic software platform DTX Studio Clinic.
INTU

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05:29 EDT Intuit to challenge FTC complaint filed in U.S. District Court - Intuit announced that it will challenge a complaint filed in the U.S. District Court in the Northern District of California by the U.S. Federal Trade Commission, or FTC. In its filing, the FTC alleges Intuit's advertising practices directed consumers who were eligible for free tax filing software from TurboTax or the IRS Free File Program to the company's paid tax preparation products. "The FTC's arguments are simply not credible. Far from steering taxpayers away from free tax preparation offerings, our free advertising campaigns have led to more Americans filing their taxes for free than ever before and have been central to raising awareness of free tax prep," said Kerry McLean, executive vice president and general counsel of Intuit. "Over the past eight years, TurboTax products have helped nearly 100 million Americans file their taxes for free, and our most recent free advertising campaign has only accelerated the use of TurboTax free offerings, driving approximately 60% growth from 11 million free filers in 2018 before the campaign launched to more than 17 million free filers in 2021." "The fact that Intuit complied with the rules and regulations of one government agency, but is now being targeted by another, demonstrates a significant disconnect. With the FTC's action, companies will be much less willing to enter into public-private partnerships with the government that benefit consumers. Intuit continually sought and continues to seek ways to increase the number of taxpayers that file using its free tax preparation products. Last tax season alone, Intuit delivered 17 million free tax filings, the most in the industry. Intuit helped the IRS Free File organization far exceed its stated goals of making free tax preparation available to 70% of filers. Today, free tax preparation is currently available to 100% of American taxpayers. That program, created and governed by the IRS, established marketing requirements for all participants. As a longtime advocate for tax simplification and taxpayer access to free tax preparation, the facts of the case do not support the FTC's claims. While it is disappointing that the FTC chose to file this lawsuit, we look forward to presenting the facts in court and are confident in the merits of our position." In its decision to file a claim against Intuit, the FTC commissioners were not unanimous.
MA

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05:23 EDT MasterCard, Temenos to collaborate on aiding banks in Request to Pay services - Temenos announced a collaboration with Mastercard that will help banks to accelerate their introduction of Request to Pay services in the UK. This new initiative combines pre-composed solutions on the Temenos Banking Cloud with market-certified Mastercard services, making it easier for financial institutions to introduce Request to Pay services. Request to Pay enables billers to dynamically request and manage the payment for a bill rather than simply sending an invoice.
EVTL GOL

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05:21 EDT Vertical Aerospace announces Avolon exceeds 500-unit preorder of VX4 - Vertical Aerospace (EVTL) noted Avolon's announcement that it has exceeded its whole 500 unit pre-order of Vertical's VX4 electric aircraft within nine months. Avolon, the world's second largest aircraft lessor, pre-ordered 500 VX4s in June 2021, and as of today has placed all of these units, as well as an additional 50 aircraft options, with global airlines. This has been achieved by placing aircraft with flag carriers and airlines such as JAL, AirAsia and Brazil's largest airline Gol (GOL), in addition to the announcement with Turkish aviation group, Gozen Holding, for up to 100 VX4 eVTOL aircraft. Avolon's success in placing 550 VX4s in under a year emphasizes the high demand for the aircraft and displays the growth in market appetite for eVTOLs. Vertical has sold its VX4 aircraft directly to a broad range of customers including aircraft lessors, airlines, helicopter operators and tourism groups. The global reach achieved through Vertical's conditional pre-orders for its VX4 means it has the largest pre-order book by value in the eVTOL market for $5.4B, and together with Avolon's placements means that the VX4 will fly in the U.S., UK, Japan, Brazil, Turkey, Greenland, Southeast Asia and the Caribbean. Vertical and Avolon are collaborating with the VX4's airline customers in Working Groups to accelerate the deployment of the VX4, as well as on eVTOL infrastructure and regional-specific certification requirements.
ESLT

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05:17 EDT Elbit Systems comments on increase in share price - The company said, "Over the last several weeks, there has been a significant increase in the price of the Company's shares. Should such share price levels continue, or further increase, there would be a significant impact on the costs to the Company under its various stock price linked compensation plans for employees."
AMZN

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05:13 EDT Amazon announces U.S. availability of Amazon Glow - Amazon announced Amazon Glow is now available for all customers in the U.S., arriving with a growing library of Amazon Kids+ games, visual arts activities, books, and features that add to video calls and help build connections. The Glow experience, powered by Amazon Kids+ activities, combines elements of a game system, a children's library, and an arts-and-crafts center with video chat and an interactive projected space. Glow is now available for $299.99.
NOK CHT

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05:11 EDT Nokia selected by Chunghwa Telecom to enhance 5G network across Taiwan - Nokia (NOK) announced that it has been selected by Chunghwa Telecom (CHT) in a two-year deal to enhance its 5G network across Taiwan's central and southern regions. The deal will see Nokia provide equipment from its latest AirScale portfolio across 4,000 new sites to boost performance and capacity. It will also support CHT's ambition unlocking the potential of 5G, coupled with achieving a lower carbon footprint. Nokia will supply CHT with a wide range of solutions from its AirScale Single RAN equipment portfolio including macro base stations, small cells, 5G Massive MIMO antennas and passive RRH supporting different spectrum bands. The deal will see Nokia continue its long-term vendor partnership with CHT which has been in place from the deployment of 2G networks.
HSBC IBM

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05:08 EDT HSBC, IBM to explore applications for quantum computing in financial services - HSBC (HSBC) and IBM (IBM) announced that they will work together on exploring applications for quantum computing in financial services. The new three-year collaboration is designed to bolster HSBC's expertise in quantum computing and ensure its organizational readiness to take advantage of the technology. As part of the agreement, the bank will join the IBM Quantum Accelerator program, giving it access to IBM's premium plan of quantum computing systems, including its recently announced 127-qubit processor, Eagle, as well as IBM's quantum expertise, to help validate and progress potential quantum use cases. HSBC will explore the use of quantum computing for pricing and portfolio optimization, to advance its net zero goals, and to mitigate risks, including identifying and addressing fraudulent activity. The bank will upskill colleagues in quantum technology through internal training programs, as well as actively recruiting quantum computing research scientists, to build a capability within its innovation team.