Stockwinners Market Radar for April 13, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DNA

Hot Stocks

20:27 EDT Cathie Wood's ARK Investment bought 1.55M shares of Ginkgo Bioworks today
LYRA

Hot Stocks

19:20 EDT Lyra Therapeutics executive chair Waksal acquires 236,966 common shares - In a regulatory filing, Lyra Therapeutics executive chair Harlan Waksal disclosed the purchase of 236,966 common shares of the company on April 12 at a price of $4.22 per share.
BLI

Hot Stocks

19:09 EDT Berkeley Lights names Lucas Vitale chief HR officer - Berkeley Lights announced the appointment of Lucas Vitale to the newly created role of Chief Human Resources Officer, effective immediately. Vitale will lead Berkeley Lights' Human Resources function. He will report directly to the company's Chief Executive Officer, Dr. Siddhartha Kadia. As Berkeley Lights' newly appointed CEO, Dr. Kadia is focused on the further development of its human capital and talent function to support the Company's growth opportunities. "With two decades of experience in all facets of human resources in the life sciences industry, Lucas is a skilled leader with a talent for building and scaling organizations and high-performance leadership teams," said Dr. Kadia. "In his new role, Lucas will support the development of our teams, processes and operations by drawing on his passion for people and experience in scaling organizations. As Berkeley Lights continues advancing its strategic priorities, we will also benefit from Lucas' experience in thoughtfully guiding the cultural evolution necessary to support transformative growth."
MRSN

Hot Stocks

18:31 EDT Mersana Therapeutics director buys $2.5M in common stock - In a regulatory filing, Mersana Therapeutics disclosed that its director Andrew Hack bought 598K shares of common stock on April 12th in a total transaction size of $2.5M.
WMT...

Hot Stocks

17:56 EDT Regulator allows WhatsApp to extend payment services to 100M users in India - In an earlier release on Wednesday, the regulatory body that developed the UPI instrument in India, the National Payments Corporation of India, or NPCI has approved an additional 60M users on UPI for WhatsApp (FB, META). With this approval, WhatsApp will be able to expand the service to its 100M users. The Fly noted that companies that have similar services in India include rivals Google Pay (GOOG, GOOGL) and Walmart (WMT)-backed PhonePe. Reference Link
PTGX

Hot Stocks

17:38 EDT Protagonist Therapeutics gets FDA letter to rescind Breakthrough designation - In a regulatory 8-K filing, the company states: "Protagonist Therapeutics expects to announce top-line data from its Phase 2 clinical trial evaluating its product candidate PN-943 for ulcerative colitis in the first half of the second quarter of 2022. The Company has received a letter from United States Food and Drug Administration indicating the FDA's intent to rescind Breakthrough Therapy Designation for the Company's rusfertide product candidate in polycythemia vera. The Company has submitted a meeting request to the FDA, along with a briefing document articulating why the Company believes rusfertide continues to warrant Breakthrough Therapy Designation. The FDA letter does not relate to the rusfertide Fast Track Designation, which remains active. Initiation of the Company's rusfertide Phase 3 study in polycythemia vera is underway and no changes to the development plan or timeline are anticipated at this stage."
WFC

Hot Stocks

17:35 EDT Wells Fargo commits $210M to help with 'systemic inequities' in housing market - "Systemic inequities in the United States have prevented too many minority families from achieving their homeownership and wealth building goals for too long. As the largest bank home mortgage originator, and largest bank originator of home loans to minorities over the last decade, Wells Fargo believes it has a responsibility to develop solutions that help close the gap. As a next step in meeting that responsibility, Wells Fargo announced a new initiative to help advance racial equity in homeownership across the country. The company will develop a Special Purpose Credit Program, SPCP, to help minority homeowners, whose mortgages are currently serviced by Wells Fargo, refinance those mortgages. Initially, through the program, Wells Fargo will identify eligible Black homeowners who could benefit from a refinance product. Wells Fargo will commit $150M to lower mortgage rates and reduce the refinancing costs to help these homeowners further benefit from refinancing. This program goes beyond the usual lending programs and puts the company's own money to work refinancing minority families' homes," said the lender in a statement. Wells Fargo said it will also "assess its progress and will publicly disclose it annually. Commit, through the Wells Fargo Foundation, $60M "Wealth Opportunities Restored through Homeownership," WORTH, grants projected to support 40,000 homeowners of color in eight markets that have significant homeownership gaps between white and minority families. WORTH grants will run through 2025 and will fund public-private partnerships that develop and implement plans to address the root causes of those homeownership gaps."
CPA

Hot Stocks

17:33 EDT Copa Holdings reports preliminary March traffic statistics - Copa Holdings released preliminary passenger traffic statistics for March. Given the irregular nature of the company's operations starting in March 2020 due to the Covid-19 pandemic, the company will compare this and future traffic reports to 2019 statistics. Consolidated capacity came in 8.4% lower than March 2019, while passenger traffic decreased 6.8%, which resulted in an 84.8% load factor.
GMAB ABBV

Hot Stocks

17:30 EDT Genmab and AbbVie report Phase 1/2 results of epcoritamab in LBCL - Genmab (GMAB) and AbbVie (ABBV) announced topline results from the first cohort of the EPCORE NHL-1 phase 1/2, clinical trial evaluating epcoritamab - DuoBody CD3xCD20 -, an investigational subcutaneous bispecific antibody. The study cohort includes 157 patients with relapsed/refractory large B-cell lymphoma - LBCL - who received at least two prior lines of systemic therapy. Based on the topline results, the companies will engage global regulatory authorities to determine next steps. Topline results from this cohort demonstrated an overall response rate of 63.1%, exceeding the protocol prespecified threshold for efficacy. The most common treatment-emergent adverse event was cytokine release syndrome with 49.7%. Epcoritamab is being co-developed by Genmab and AbbVie as part of the companies' broad oncology collaboration. LBCL is a fast-growing type of non-Hodgkin's lymphoma that affects B-cell lymphocytes.
OCX

Hot Stocks

17:28 EDT OncoCyte falls 26% to 94c per share after equity offering
RKT

Hot Stocks

17:27 EDT Rocket Companies CEO buys $598K in common stock - In a regulatory filing, Rocket Companies disclosed that its CEO Jay Farner bought 61.5K shares of common stock on April 11th in a total transaction size of $598K.
DOW

Hot Stocks

17:19 EDT Dow Inc. announces new $3B share repurchase pgoram - The company states: "The $3B share repurchase program announced does not have an expiration date and is additive to the current outstanding program, which has approximately $775M of authorization remaining that the Company intends to repurchase by mid-2022."
BOX

Hot Stocks

17:13 EDT Box CFO Smith sells $429K in company shares - Box CFO Dylan Smith disclosed in a filing that he had sold 15,000 shares of company stock at $28.62 per share on April 11, for a total transaction amount of $429,360.
AVNW

Hot Stocks

17:06 EDT Aviat Networks to acquire Redline for C$0.90 per common share, sees accretion - Aviat Networks announced that they have entered into an arrangement agreement under which Aviat will acquire all outstanding shares of Redline for C$0.90 per common share, or approximately 71c per share, in an all-cash transaction valued at approximately C$16.2M, or approximately $12.9M. Aviat expects to fully fund the acquisition from cash on hand. Subject to customary closing conditions and necessary regulatory approvals, the transaction is expected to close within four months. Aviat intends to fund the acquisition with cash from the balance sheet. Aviat and Redline will run independently until the closing of the transaction. The transaction will be carried out by way of a court-approved plan of arrangement under the Canada Business Corporations Act, pursuant to which Aviat will acquire all the outstanding common shares of Redline. The implementation of the arrangement will be subject to the approval of at least 66 2/3% of the votes cast by Redline shareholders present in person or represented by proxy at the annual general and special meeting of Redline shareholders and a majority of all of the votes cast by Redline shareholders present in person or represented by proxy at the meeting after excluding votes of certain persons whose votes must be excluded in accordance with Canadian Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, and the receipt of applicable approvals from the Ontario Superior Court of Justice. The implementation of the arrangement will also be subject to the completion of a reduction in the stated capital of the Redline Shares, which will require the approval of at least 66 2/3% of the votes cast by Redline shareholders present in person or represented by proxy at the meeting. The arrangement agreement provides for, among other things, customary representations, warranties and covenants, including a non-solicitation covenants from Redline, subject to customary "fiduciary out" provisions that allow Redline to accept a superior proposal in certain circumstances and a five-business day "right to match period" in favor of Aviat. The arrangement agreement also provides for the payment of a termination fee of C$0.65M to Aviat in the event the transaction is terminated in certain specified circumstances, including if Aviat does not exercise its right to match in the context of a superior proposal supported by Redline. The completion of the transaction is not subject to any financing condition. All directors and executive officers of Redline and certain other shareholders of Redline, holding approximately 29.7% of the issued and outstanding Redline Shares as of the date hereof, have entered into voting and support agreements in favor of Aviat pursuant to which, among other things, they have agreed to vote their Redline Shares in favor of the transaction. The transaction has been unanimously approved by Aviat's board of directors. Redline's board of directors established a Special Committee of independent directors to oversee the transaction discussions and the arrangement. The deal is expected to be accretive to gross margin percentage, adjusted EBITDA, non-GAAP EPS and free cash flow in first year.
CWK

Hot Stocks

17:02 EDT Cushman & Wakefield acquires Sheffield Property, Sheffield Asset Management - Cushman & Wakefield has acquired Sheffield Property Pty Ltd. and Sheffield Asset Management Pty Ltd., an office leasing and property management agency based in Perth, Western Australia. The acquisition further strengthens Cushman & Wakefield's well established and full service commercial real estate platform across Australia and the Asia Pacific region.
EGO

Hot Stocks

17:01 EDT Eldorado Gold reports preliminary Q1 gold production 93,209 ounces - Eldorado Gold Corporation announced first quarter 2022 preliminary gold production of 93,209 ounces and maintains full year production guidance of 460,000 to 490,000 ounces. Production during January and February was impacted by higher-than-anticipated absenteeism related to the surge of the COVID-19 Omicron variant. Early in the quarter, reduced workforce hours due to COVID-related absenteeism delayed the underground development of high-grade stopes, which led to lower than planned gold grades and tonnage. Mine development progressed and the planned gold grade and tonnage were achieved in March. Full-year gold production at Lamaque is expected to be in line with guidance. The Ormaque exploration drift is progressing on plan and resource conversion drilling is expected to commence by mid-year. Gold production during the first quarter at Kisladag was lower than planned as a result of COVID-related absenteeism, severe weather, and a government-mandated power outage. The severe weather and freezing temperatures worsened the normal winter impact on the ore conveyance and stacking system productivity on the leach pads. At Efemcukuru, gold production, throughput, and average gold grade were in line with expectations, despite experiencing COVID-related absenteeism. In the early part of the quarter, gold production at Olympias was impacted by COVID-related absenteeism, in addition to power outages related to severe weather patterns in the region. Operations resumed mining to plan and achieved planned tonnage and grades from the mine in March. Initiatives are in place to continue ramping up mine production tonnage, control the grades and maximize plant throughput for the remainder of the year.
ORC

Hot Stocks

16:54 EDT Orchid Island Capital estimates book value per share of $3.34 as of March 31 - Orchid Island Capital announced that the Board of Directors declared a monthly cash dividend for the month of April 2022. The dividend of 4.5c per share will be paid May 27, 2022 to holders of record of the company's common stock on April 29, 2022, with an ex-dividend date of April 28, 2022. The company plans on announcing its next common stock dividend on May 11, 2022. The Company's estimated book value per share as of March 31, 2022 was $3.34. The Company computes book value per share by dividing total stockholders' equity by the total number of outstanding shares of common stock. At March 31, 2022, the Company's preliminary estimated total stockholders' equity was approximately $592.4 million with 177,117,186 shares of common stock outstanding. These figures and the resulting estimated book value per share are preliminary, subject to change, and subject to review by the Company's independent registered public accounting firm. The Company estimates it generated a net loss per share of $0.84, which includes $1.04 per share of net realized and unrealized losses on RMBS and derivative instruments for the quarter ended March 31, 2022. These amounts compare to total dividends declared during the quarter of $0.155 per share. Net loss per common share calculated under generally accepted accounting principles can, and does, differ from our REIT taxable income. The Company views REIT taxable income as a better indication of income to be paid in the form of a dividend rather than net loss. Many components of REIT taxable income can only be estimated at this time and our monthly dividends declared are based on both estimates of REIT taxable income to be earned over the course of the current quarter and calendar year and a longer-term estimate of the REIT taxable income of the Company. These figures are preliminary, subject to change, and subject to review by the Company's independent registered public accounting firm. The Company's estimated total return on equity for the quarter ended March 31, 2022 was (19.5)%. The Company calculates total return on equity as the sum of dividends declared and paid during the quarter plus changes in book value during the quarter, divided by the Company's stockholders' equity at the beginning of the quarter. The total return was $(0.845) per share, comprised of dividends per share of $0.155 and a decrease in book value per share of $1.00 from December 31, 2021.
LRCDF

Hot Stocks

16:42 EDT Laurentian Bank of Canada raises prime lending rate to 3.2% from 2.7% - Laurentian Bank of Canada increased its prime lending rate by 50 basis points from 2.7% to 3.2%, effective April 14, 2022.
CMBM

Hot Stocks

16:36 EDT Cambium Networks drops 12% to $17.83 after lowering Q1 revenue view - The company also announced a CFO change.
GPC

Hot Stocks

16:33 EDT Genuine Parts acquires Lausan Group in Spain and Portugal - Genuine Parts announced an acquisition for its European Automotive business. Effective April 12, Alliance Automotive Group, the company's wholly-owned automotive distribution company based in London, U.K., acquired Lausan Group. Lausan, founded in 1953 and based in Bilbao, Spain, is a distributor of automotive aftermarket parts in Spain and Portugal, which represent the 5th largest car parc in Europe. The company expects Lausan to generate annual revenue of $125M. With the addition of Lausan, AAG operates in nine European countries: France, the UK, Ireland, Germany, the Netherlands, Belgium, Poland, Spain and Portugal.
ANSS

Hot Stocks

16:31 EDT Ansys to acquire OnScale, terms undisclosed - Ansys announced that it has signed a definitive agreement to acquire cloud simulation provider OnScale. Once integrated into Ansys' existing cloud portfolio, this technology acquisition will help provide a cloud-native, web-based user interface, or UI, for device-independent access to Ansys' broad array of simulation technologies. Terms of the deal were not disclosed. The acquisition is not expected to have a material impact on Ansys' consolidated financial statements in 2022.
SPGI

Hot Stocks

16:31 EDT S&P Global names Daniel Yergin vice chairman - S&P Global announced that Daniel Yergin has been appointed Vice Chairman of the company following the completion of its merger with IHS Markit. He will serve as a member of the leadership team and report directly to S&P Global President and CEO Doug Peterson. Previously Vice Chairman of IHS Markit, Yergin's appointment became effective at the close of the merger. "Daniel Yergin's strong track record as an award-winning author and highly respected authority on energy, international politics and economics make him a tremendous addition to our leadership team," Peterson said. "I am pleased to welcome him as Vice Chairman and look forward to his insights on key issues related to the global economy."
CMBM

Hot Stocks

16:30 EDT Cambium Networks trading resumes
AGX

Hot Stocks

16:23 EDT Argan increases share repurchase authorization to $75M from $50M - The company's Board of Directors approved an increase in the existing program to repurchase shares of the company's common stock from $50M to $75M. To date, the company has repurchased 969,831 shares of common stock at a cost of approximately $37.5M under the program.
ESTE

Hot Stocks

16:17 EDT Earthstone Energy EVP Oviedo sells 50,000 class A shares - In a regulatory filing, Earthstone Energy executive VP Tony Oviedo disclosed the sale of 50,000 class A common shares of the company on April 12 at a price of $13.71 per share.
COST

Hot Stocks

16:16 EDT Costco increases quarterly cash dividend to 90c per share - Costco announced that its board of directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 79c to 90c per share, $3.60 on an annualized basis. The dividend is payable May 13 to shareholders of record at the close of business on April 29.
SNDA

Hot Stocks

16:16 EDT Sonida Senior Living names Kevin Detz as new CFO - Sonida Senior Living "announced the appointment of Kevin Detz, CPA, as CFO, effective May 1, 2022. Detz joins Sonida from Aimbridge Hospitality, the leading third-party global hotel management company, where he most recently served as Executive Vice President and Operational CFO."
INMB

Hot Stocks

16:16 EDT INmune Bio:1st patient dosed in neuroinflammation-Alzheimer's treatment - INmune Bio announces dosing of the first patient enrolled in its Phase 2 trial using XPro1595 to treat neuroinflammation as a cause of Alzheimer's disease. The Phase 2 multicenter, international trial is a blinded, randomized, placebo-controlled six-month Phase 2 trial designed to evaluate XPro to treat cognition and function in patients with mild AD and biomarkers of inflammation. The company plans to enroll patients at sites located near major metropolitan areas in Australia, in Canada and in the United States. "The Phase 1 study data clearly showed an improvement in multiple biomarkers related to AD pathology, including a reduction in neuroinflammation and neurodegeneration, and an improvement in biomarkers of neurorepair and neuron communication," said Dr. C.J. Barnum, INmune Bio's Vice President of CNS Development. "This Phase 2 study will determine whether improvement in these biomarkers translates into a clinical benefit of improved cognition and function in patients with mild AD and biomarkers of inflammation."
AIRG

Hot Stocks

16:15 EDT Airgain secures multi-million dollar contract with major utility - Airgain announced that a major US-based water utility company has selected AirgainConnect AC-HPUE to improve the connectivity of its fleet. With up to 10x the power and up to 4x the coverage area of a traditional router-mounted antenna, the utility plans to equip its 3,000 plus vehicle fleet with the roof-mounted antenna-modem to enable optimum connectivity, even in the most remote and difficult environments. The multimillion dollar contract for the AirgainConnect devices will be deployed through the end of the year. Morad Sbahi, Senior Vice President, Global Product & Marketing at Airgain added, "When we launched the AirgainConnect platform almost a year and half ago, we were looking to solve the connectivity issues that had long plagued public safety and critical infrastructure. By equipping the fleet of a major utility with the AirgainConnect AC-HPUE, we can help its service technicians, inspectors, engineers and field operators to stay connected in order to deliver water where it is needed most."
STAB

Hot Stocks

16:13 EDT Statera BioPharma to sell rights to Entolimod, other TLR5 agonists to Coeptis - Statera Biopharma announced that the company has agreed to enter into a strategic agreement with Coeptis Therapeutics, a biopharmaceutical company developing innovative cell therapy platforms for cancer, to sell Statera's rights to Entolimod and other related toll-like receptor 5, or TLR5, agonists. The consummation of the transaction is contingent upon negotiation of a definitive agreement and satisfaction of a number of closing conditions, including a contingency on Coeptis financing. Under the terms of the definitive agreement, Statera will receive a $6M upfront payment and revenue-based milestone payments from Coeptis in exchange for Statera's rights to any product containing Entolimod as an active ingredient and all other related TLR5 agonists. Coeptis will also assume responsibility for associated licenses, as well as Statera's interest in Genome Protection.
ACCD

Hot Stocks

16:12 EDT Accolade announces partnership with Priority Health - Priority Health "announced a strategic partnership with Accolade to bring a differentiated health care experience to Michigan employers in the commercial group market and their members. Priority Health and Accolade share a mission to help employees maximize their health plan benefits by creating a member experience uniquely tailored to each person's needs and preferences. Through this partnership, Priority Health and Accolade will bring together virtual care services and personalized navigation capabilities to enable innovative plan designs and a comprehensive support model for Priority Health members."
ARTNA

Hot Stocks

16:11 EDT Artesian Resources increases quarterly dividend 2% to 27.29c per share - Artesian Resources announced that its board of directors approved a 2% increase in the quarterly dividend per share on the company's Class A and Class B Common Stock. The quarterly dividend rate of 27.29c is payable May 23 to shareholders of record at the close of business on May 9.
SMPL

Hot Stocks

16:09 EDT Simply Good Foods announces $50M addition to share repurchase program - Simply Good Foods announced that its board of directors has approved the addition of $50M to its existing stock repurchase program, which was first adopted in November 2018. As of April 13, an aggregate of approximately $76.2M is available under company's stock repurchase authorization. As of the second fiscal quarter ended February 26, the company had cash and cash equivalents of $51.5M and anticipates its FY22 cash flow from operations to be about the same as last year.
ACC

Hot Stocks

16:07 EDT Land & Buildings withdrew nomination of American Campus board member - American Campus Communities disclosed that it received a letter on April 11 from Land & Buildings Investment Management pursuant to which L&B withdrew its nomination of an individual for election to the board of the company. "Based upon the feedback we are hearing from the market, we have renewed faith that the Company is addressing the most important topics we have raised...We intend to remain a long-term shareholder of ACC," Land & Buildings said in the letter.
SNCR ZS

Hot Stocks

16:07 EDT Synchronoss appoints Stanley Lowe as chief information security officer - Synchronoss (SNCR) announced the addition of Stanley Lowe to the company's executive management team as chief information security officer, or CISO. Lowe will report directly to Patrick Doran, chief technology officer. Lowe brings to Synchronoss more than 20 years of experience in information security and cybersecurity. Most recently, he was Global Chief Information Security Officer at Zscaler (ZS).
EBAY...

Hot Stocks

16:07 EDT eBay names Eddie Garcia as Chief Product Officer - eBay (EBAY) announced the appointment of Eddie Garcia as Chief Product Officer. Eddie will lead eBay's Core Product organization, building on the company's tech-led reimagination to deliver a streamlined, world-class experience. Eddie will report directly to Jamie Iannone, eBay's CEO, and will join the company on April 18. This role marks a return to the eBay product organization for Eddie, where he held roles in search and buyer experience from 2003-2014. Eddie brings more than two decades of product leadership experience. He joins eBay from Meta (FB) where he was Head of Commerce, Facebook App, responsible for Marketplace efforts. Prior to that, Eddie was the SVP of Product Development at Travelzoo (TZOO) and the Chief Product Officer at Sam's Club, where he oversaw a rapid acceleration in ecommerce sales and improved the productivity and experience for over 100,000 employees.
AMRX

Hot Stocks

16:06 EDT Amneal says FDA approves BLA for Alymsys, a biosimilar referencing Avastin - Amneal Pharmaceuticals announced that the U.S. Food and Drug Administration has approved the company's Biologics License Application for bevacizumab-maly, a biosimilar referencing Avastin. The product will be marketed under the proprietary name ALYMSYS and represents the third bevacizumab biosimilar approved in the U.S. "ALYMSYS was developed by mAbxience, a global biotech company with over a decade of experience in the development, manufacture, and commercialization of biopharmaceuticals. Bevacizumab-maly is a vascular endothelial growth factor inhibitor used in oncology. This marks the second of three biosimilars approvals Amneal expects to receive this year in oncology, the second-largest biosimilar category in the U.S. Earlier this year, Amneal received approval of RELEUKO, a filgrastim biosimilar referencing Neupogen, and the company's pegfilgrastim biosimilar referencing Neulasta is currently under review by the FDA," the company said. "With the U.S. approval of our second biosimilar, ALYMSYS, we are continuing our momentum and establishing our presence in the $28 billion U.S. biosimilars market. By combining partner assets with our own key capabilities, we are on a clear path to becoming a meaningful player in this high growth category. Biosimilars represent the next wave of affordable medicines in the U.S. and are closely aligned with our strategy to provide high quality, affordable medicines to as many patients as possible," said Chirag and Chintu Patel, Co-Chief Executive Officers.
ACC

Hot Stocks

16:05 EDT Land & Buildings withdrew nomination of American Campus board member - American Campus Communities disclosed that it received a letter on April 11 from Land & Buildings Investment Management pursuant to which L&B withdrew its nomination of an individual for election to the board of the company. "Based upon the feedback we are hearing from the market, we have renewed faith that the Company is addressing the most important topics we have raised...We intent to remain a long-term shareholder of ACC," Land & Buildings said in the letter.
CACC CFG

Hot Stocks

16:05 EDT Credit Acceptance announces Andrew Rostami as chief marketing, product officer - Credit Acceptance (CACC) announced that Andrew Rostami will join our senior leadership team as chief marketing and product officer on April 18. In his role, Rostami will help drive growth and innovation in the ways we interact with and support our customers, both dealers and consumers, by ensuring that our customers' needs are supported through strategy and product development. Rostami comes to Credit Acceptance from Citizens (CFG), where he was most recently president, Citizens Pay, and EVP, head of unsecured lending and cards.
AMRX

Hot Stocks

16:04 EDT Amneal says FDA approves BLA for Avastin - Amneal Pharmaceuticals announced that the U.S. Food and Drug Administration has approved the company's Biologics License Application for bevacizumab-maly, a biosimilar referencing Avastin. The product will be marketed under the proprietary name ALYMSYS and represents the third bevacizumab biosimilar approved in the U.S. ALYMSYS was developed by mAbxience, a global biotech company with over a decade of experience in the development, manufacture, and commercialization of biopharmaceuticals. Bevacizumab-maly is a vascular endothelial growth factor inhibitor used in oncology. This marks the second of three biosimilars approvals Amneal expects to receive this year in oncology, the second-largest biosimilar category in the U.S. Earlier this year, Amneal received approval of RELEUKO, a filgrastim biosimilar referencing Neupogen, and the company's pegfilgrastim biosimilar referencing Neulasta is currently under review by the FDA. "With the U.S. approval of our second biosimilar, ALYMSYS, we are continuing our momentum and establishing our presence in the $28 billion U.S. biosimilars market. By combining partner assets with our own key capabilities, we are on a clear path to becoming a meaningful player in this high growth category. Biosimilars represent the next wave of affordable medicines in the U.S. and are closely aligned with our strategy to provide high quality, affordable medicines to as many patients as possible," said Chirag and Chintu Patel, Co-Chief Executive Officers.
CMBM

Hot Stocks

16:03 EDT Cambium Networks CFO Stephen Cumming departs, Andrew Bronstein to succeed - Cambium Networks announced the departure of Stephen Cumming as CFO, effective immediately. The board has appointed Andrew Bronstein as CFO. Andrew previously served as CFO for Cheetah Digital, a SaaS software solutions company that has been a portfolio company of Vector Capital, where he has been an Operating Partner.
CMBM

Hot Stocks

16:00 EDT Cambium Networks trading halted, news pending
CMRX

Hot Stocks

15:13 EDT Chimerix confirms remains in active negotiations with BARDA on Tembexa - In a regulatory filing, Chimerix announced that it is aware of unusual trading activity in the company's common stock for a period of time. "The company believes the unusual trading activity may be attributable to statements regarding smallpox antiviral development and procurement contained in the Fiscal Year 2023 Congressional Justification for the Public Health and Social Services Emergency Fund published by the Department of Health and Human Services. The company confirms that it remains in active negotiations with the Biomedical Advanced Research and Development Authority, or "BARDA," regarding a sole-source contract with the company for the development and procurement of up to 1.7 million treatment courses of TEMBEXA. The company currently expects to enter into the contract in the second quarter of 2022, and for the initial shipment of TEMBEXA in an amount consistent with prior guidance of $80M-$100M to be procured and shipped to the Strategic National Stockpile soon after contract execution. As is customary, additional procurements and shipments under the contract would be subject to BARDA's option. The company does not expect to provide updates related to negotiation of the procurement agreement prior to execution with BARDA," the company stated.
UNP

Hot Stocks

15:08 EDT Union Pacific expands ESG strategy with health-safety and well-being pillar - Union Pacific launched its latest Building America Report which includes a broadened approach to its social, environmental and governance. ESG, strategy. The report identifies and prioritizes the company's most important ESG issues and highlights ongoing efforts to support communities through supplier diversity and philanthropic initiatives. "This assessment was critical in identifying the ways we should broaden our ESG strategy to reflect evolving stakeholder interests," said Union Pacific Chairman, President and CEO Lance Fritz. "The responses helped us gain a deeper understanding of our impact on the communities we serve and enhance our ESG goals as we navigate the global landscape ahead." The broadened approach bolstered by the Building Responsible Foundations pillar expands upon Union Pacific's foundation of safety and addresses its most material ESG risks while aligning with its commitment with the United Nation's Sustainable Development Goals. For example, new technologies like UP Vision, a visual management tool that pulls real-time train information and provides data needed to mitigate risk, play a crucial role in improving safety. Another example is DigiCrew, which allows train crews to report their work using a digital, real-time process, which means more accurate information for improved decision making. Union Pacific will roll out 12,000 devices to support DigiCrew in 2022.
BNS

Hot Stocks

14:51 EDT Scotiabank raises Canadian dollar prime lending rate to 3.2% from 2.7% - Scotiabank announced that it is increasing its Canadian dollar prime lending rate to 3.2% from 2.7%, effective April 14, 2022.
BMO

Hot Stocks

14:44 EDT Bank of Montreal increases prime lending rate to 3.2% form 2.7% - BMO Bank of Montreal announced that it is increasing its CDN$ prime lending rate from 2.70% to 3.20%, effective Apr. 14, 2022.
AMRX

Hot Stocks

14:39 EDT FDA approves Amneal Pharmaceuticals' biosimilar to Avastin - The FDA has granted approval to Amneal Pharmaceuticals' Alymsys, a biosimilar to Avastin, for the treatment of metastatic colorectal cancer, in combination with intravenous fluorouracil-based chemotherapy for first- or second-line treatment and metastatic colorectal cancer, in combination with fluoropyrimidine-irinotecan- or fluoropyrimidineoxaliplatin-based chemotherapy for second-line treatment in patients who have progressed on a first-line bevacizumab product-containing regimen. Reference Link
AAPL

Hot Stocks

14:29 EDT Apple TV+ in multi-year deal with Tom Hanks production company Playtone - Apple TV+ announced it has landed a multi-year overall deal with Tom Hanks and Gary Goetzman's multiple-award-winning production company Playtone to exclusively develop, produce and distribute all forms of television globally encompassing series, limited series, documentaries and unscripted projects. Apple's partnership with Playtone builds on its existing film and series relationship which includes the highly anticipated limited drama series "Masters of the Air," from Apple Studios, Playtone and Steven Spielberg's Amblin Television. The sweeping series follows the true, deeply personal story of the American bomber boys in World War II who brought the war to Hitler's doorstep. Additionally, Apple Original Films' Academy Award-nominated blockbuster "Greyhound," produced by Goetzman and written by and starring Hanks, is available to stream on Apple TV+...Future Playtone projects will join the expanding lineup of series debuting globally on Apple TV+ including the recently released "Pachinko," the Korean, Japanese and English-language drama based on the acclaimed novel by the same name; "Slow Horses," the new espionage drama adapted from CWA Gold Dagger Award-winning Mick Herron's novels and starring Academy Award winner Gary Oldman; "Shining Girls," a new metaphysical thriller starring and executive produced by Emmy Award winner Elisabeth Moss and based on Lauren Beukes' bestselling novel; "Now and Then," the new eight-episode bilingual and multi-layered thriller; and more. Reference Link
MO

Hot Stocks

14:16 EDT JUUL to pay Washington $22.5M over advertising practices - Washington's Attorney General Bob Ferguson has announced that JUUL must pay $22.5 million to resolve Ferguson's lawsuit against the e-cigarette company. "The lawsuit asserts that JUUL violated the law when it designed and marketed its products to appeal to underage consumers and deceived consumers about the addictiveness of its product. In addition to the payment, JUUL must stop its unlawful conduct and implement a slate of reforms, including: Stopping all its advertising that appeals to youth; Stopping most social media promotion; Accurately marketing the content and effects of the nicotine in its products; Strict practices to confirm the age of consumers who purchase JUUL products - including a robust secret shopper program and online purchase age verification. JUUL is required to conduct no fewer than 25 secret shopper checks per month at Washington-based JUUL retailers for at least two years, and perform at least one check in every Washington county per year. The company is required to send a regular report to the Attorney General's Office detailing the results of the secret shopper program every 90 days," the Attorney General's Office said. "These reforms are legally enforceable. If JUUL violates these terms, the Washington Attorney General's Office can go directly to King County Superior Court to enforce them." Under the consent decree, filed in King County Superior Court, JUUL is ordered to pay the $22.5 million total over the next 4 years. Reference Link
LAZY

Hot Stocks

13:47 EDT Kanen Wealth Management 'appalled' by Lazydays board's 'continued obstinacy' - A statement issued by Dave Kanen, who serves as Managing Director at Kanen Wealth Management, read in part" "We are appalled by your continued obstinacy and silence to our most recent letters. Do you not believe that minority shareholders are worthy of receiving a response to the serious issues we laid out in our previous letters? The following summarizes the state of affairs with the Lazydays board: Our Chairman, Mr. Christopher Shackelton, Co-founder and Managing Partner of Coliseum Capital, an approximately $2.1B Hedge Fund - in our opinion is putting his interests above those of minority shareholders by continuing to collect an 8% dividend so long as our stock is below $25 per share. Under his Chairmanship, and with the unanimous consent of the board, the company has rejected a $25 bid from B. Riley with no explanation. Furthermore, you have not been forthcoming regarding a strategic alternatives process, nor have you laid out the case for value creation should LAZY remain independent.In our opinion, the remaining directors have not acted in an appropriate manner as fiduciaries - that represent MINORITY SHAREHOLDERS. In effect, they have rubber stamped the best interests of a large Hedge Fund...Dear Mr. DeVincenzi, we implore you as interim CEO and "Lead Independent Director" to "ACTUALLY LEAD". We question your true independence given the prior business history with Mr. Shackelton at Universal Technical Institute. To date, you have not stood up to Lazydays's multibillion-dollar Hedge Fund Chairman on behalf of us minority shareholders! In summary, Lazydays board, you have not done your job thus far in protecting our interests. You have not been transparent. You have not revealed if you are running a formal strategic alternatives process including if we have investment bankers. Our stock is 20% below the B. Riley bid and you HAVE NOT laid out the case for remaining independent and how you will increase shareholder value, should a sale not occur. As per recent filings, you have little alignment. Lazydays board, you are officially being put on notice! You are accountable to all shareholders. Enacting a "policy of appeasement" towards Mr. Shackelton is unacceptable."
CNI...

Hot Stocks

13:43 EDT North American rail traffic fell 1% for the week ending April 9 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending April 9.For this week, total U.S. weekly rail traffic was 508,343 carloads and intermodal units, down 1% compared with the same week last year. Total carloads for the week ending April 9 were 236,459 carloads, up 1.4% compared with the same week in 2021, while U.S. weekly intermodal volume was 271,884 containers and trailers, down 3.1% compared to 2021. Six of the 10 carload commodity groups posted an increase compared with the same week in 2021. They included coal, up 3,519 carloads, to 65,725; motor vehicles and parts, up 1,320 carloads, to 13,352; and chemicals, up 1,185 carloads, to 35,152. Commodity groups that posted decreases compared with the same week in 2021 included petroleum and petroleum products, down 2,107 carloads, to 9,319; metallic ores and metals, down 1,753 carloads, to 20,711; and miscellaneous carloads, down 551 carloads, to 9,808. North American rail volume for the week ending April 9, on 12 reporting U.S., Canadian and Mexican railroads totaled 337,598 carloads, up 0.9% compared with the same week last year, and 363,293 intermodal units, down 2.6% compared with last year. Total combined weekly rail traffic in North America was 700,891 carloads and intermodal units, down 1%. North American rail volume for the first 14 weeks of 2022 was 9,314,334 carloads and intermodal units, down 3.7% compared with 2021. Publicly traded companies in the space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Kansas City Southern (KSU), Norfolk Southern (NSC), Union Pacific (UNP), Trinity Industries (TRN), Greenbrier (GBX), Wabtec (WAB), FreightCar America ((RAIL). Reference Link
WBA

Hot Stocks

13:35 EDT Walgreens up 2% to $45.19 after Bloomberg says Reliance weighing Boots bid
F

Hot Stocks

13:35 EDT Ford CEO announces April 26 as F-150 Lightning launch date in tweet - Ford CEO Jim Farley tweeted: "It's time. #F150Lightning 4.26.2022" with a link to a countdown clock on the company's corporate site. Reference Link
WBA

Hot Stocks

13:30 EDT Walgreens up 2% to $44.92 after Bloomberg says Reliance studying bid
SNPS

Hot Stocks

13:25 EDT Synopsys drops after report of U.S. probe, shares down 3% to $301.01
GOEV

Hot Stocks

13:16 EDT Canoo selected by NASA for Artemis Crew Transport Vehicles - The National Aeronautics and Space Administration, or NASA, has selected Canoo to provide Crew Transportation Vehicles, or CTVs, for crewed Artemis lunar exploration launches, the company announced earlier. Canoo will deliver multiple customized all-electric LV models to NASA by June 2023. "We are honored to transport the Artemis crew to the launch site for the first human lunar landing in more than 50 years. The selection of our innovative technologies by NASA to take a diverse team of American astronauts to the moon showcases a great commitment to sustainable transportation," said Canoo Investor, Chairman and CEO Tony Aquila. In afternoon trading, Canoo shares are up 11c, or 2%, to $5.18.
TSLA LTUM

Hot Stocks

13:13 EDT Lithium Corp. says Tesla rumor false, 'no relationship' between companies - Lithium Corporation (LTUM) wishes to inform shareholders that, contrary to a press release issued by unknown parties on the 12th of April and rumors circulating on social media, "we have not received so much as an expression of interest from Tesla, Inc. and no employees have left Lithium Corporation to take up employment with Tesla." Lithium added: "We would be happy to chat with Elon if he was inclined, but presently there is no relationship between the two companies." Shares of Lithium Corp. rallied to $1.09 earlier in the day and remains up 33% to 38c in afternoon trading. Reference Link
TM

Hot Stocks

13:03 EDT Toyota announces safety recall involving certain 2022 Lexus NX vehicles - Toyota is conducting a safety recall involving certain 2022 NX vehicles in the U.S. Approximately 4,000 vehicles are involved in this recall. The front shock absorbers in the affected vehicles are mounted to body panels that may be missing some spot-welds. Incorrect welding could eventually cause a shock absorber to separate from the mounting area, resulting in a loss of driving stability and increasing the risk of a crash, the company said. For all involved vehicles, Lexus dealers will inspect the welding near the shock absorber mounting areas. For vehicles with missing spot-welds, Toyota is developing the remedy for this condition and will notify owners after the remedy is developed. Owners of involved vehicles will be notified by the middle of June. Reference Link
TM

Hot Stocks

13:02 EDT Toyota conducting noncompliance safety recall for about 460,000 U.S. vehicles - Toyota is conducting a noncompliance safety recall involving certain Toyota Venza, Mirai, RAV4 Hybrid, RAV4 Prime, Sienna HV, Highlander HV and Lexus LS500h, LX600, NX350h and NX450h+ vehicles in the U.S. Approximately 460,000 vehicles are involved in this recall. A software error can cause the Vehicle Stability Control system not to default to ON the next time the car is started under certain circumstances. This can result in a noncompliance with applicable regulations in the U.S., the company stated. For all involved vehicles, Toyota and Lexus dealers will update the software of the Skid Control ECU free of charge to customers. Owners of involved vehicles will be notified by the middle of June. Reference Link
HMC

Hot Stocks

12:51 EDT Honda to invest roughly JPY5T in electrification over next 10 years - Honda said that, as part of a briefing on its automobile electrification business, it will strive to transform its business portfolio by shifting focus from non-recurring hardware sales business to recurring business in which Honda continues to offer various services and value to its customers after the sale through Honda products that combine hardware and software. Over the next 10 years, Honda will allocate approximately JPY5T in the area of electrification and software technologies to further accelerate its electrification, including both R&D expenses and separate investments. Honda's overall R&D expenses budgeted for this period will be approximately JPY8T Honda is planning to launch 30 EV models globally by 2030 with production volume of more than 2M units annually. Honda will build a demonstration line for the production of all-solid-state batteries with an investment of approximately JPY43B and further accelerate the research with a goal to start demonstration production in Spring 2024. Reference Link
SONY NTDOY

Hot Stocks

12:25 EDT Sony, Nintendo to update subscription practices after CMA review - The U.K. Competition and Markets Authority welcomed improvements made by Sony (SONY) and Nintendo (NTDOY) to their gaming subscription practices and has now closed its investigation into the online gaming sector. The authority's sector-wide investigation looked at subscriptions for online gaming services where people automatically continue to be charged indefinitely until they take action to end their contract. The CMA was particularly concerned that people might find themselves locked into paying for services they no longer want or use. The CMA has an secured an undertaking from Sony relating to its PlayStation Plus product, a service which allows users to play online together. In particular, Sony has agreed to put in place measures to protect customers who haven't used their memberships for a long time but are still paying. Sony will contact these customers to remind them how to stop payments and, if they continue not to use their memberships, Sony will ultimately stop taking further payments. The CMA also engaged with Nintendo, which changed its business practices during the course of the investigation so that Nintendo Switch Online Service is no longer sold with automatic renewal set as the default option. This means people will not be automatically entering into renewing contracts, addressing a number of the CMA's concerns about people becoming locked in.
F

Hot Stocks

12:11 EDT Ford CEO announces F-150 Lightning event for April 26 - Ford CEO Jim Farley announced in a tweet that the company will hold a launch event for its first electric F-150, known as the F-150 Lightning, on April 26, 2022. Reference Link
VZ

Hot Stocks

12:07 EDT Verizon adds calling to more countries in Latin America at no extra cost - Verizon said it has added more Latin American countries to be part of Global Choice, at no cost with select 5G Unlimited plans. With Global Choice, the international calling plan that provides a select number of long distance calling minutes, new and existing qualified customers can access up to five hours per month to call their friends and loved ones in one of 17 countries in Latin America at no additional charge, with discounted rates for additional hours. Verizon is the only carrier to include a block of monthly international calling minutes to Cuba at no additional cost, the company said. And, as always, talk and text to Mexico and Canada is included on select 5G Unlimited plans. "At Verizon we are committed to offering our Latinx customers the best value on the best network to help them stay connected to friends and family near and far," said Nina Bibby, SVP Consumer Segment Marketing at Verizon. "We are proud to expand our Global Choice international calling plan to reach more countries in Latin America, including Cuba, so customers can receive a block of minutes every month to call their chosen country at no cost."
EVTL

Hot Stocks

12:00 EDT Vertical Aerospace falls -10.0% - Vertical Aerospace is down -10.0%, or -98c to $8.84.
LLAP

Hot Stocks

12:00 EDT Terran Orbital falls -10.4% - Terran Orbital is down -10.4%, or -45c to $3.88.
BRCC

Hot Stocks

12:00 EDT BRC Inc. falls -11.4% - BRC Inc. is down -11.4%, or -$3.42 to $26.64.
PHX

Hot Stocks

12:00 EDT PHX Minerals rises 11.4% - PHX Minerals is up 11.4%, or 34c to $3.34.
DNA

Hot Stocks

12:00 EDT Ginkgo Bioworks rises 11.9% - Ginkgo Bioworks is up 11.9%, or 41c to $3.86.
ULTR

Hot Stocks

12:00 EDT Ultrapetrol rises -0.1% - Ultrapetrol is up -0.1%, or -06c to $48.15.
SGEN ALPMF

Hot Stocks

11:47 EDT Astellas, Seagen announce European Commission approval of PADCEV - Astellas Pharma (ALPMF) and Seagen (SGEN) announced that the European Commission has approved PADCEV as monotherapy for the treatment of adult patients with locally advanced or metastatic urothelial cancer who have previously received a platinum-containing chemotherapy and a PD-1/L1 inhibitor. The EC approval is supported by data from the global phase 3 EV-301 trial that demonstrated an overall survival benefit compared with chemotherapy. The EV-301 trial compared enfortumab vedotin to chemotherapy in adult patients with locally advanced or metastatic urothelial cancer who were previously treated with platinum-based chemotherapy and a PD-1/L1 inhibitor. At the time of the pre-specified interim analysis, patients who received enfortumab vedotin in the trial lived a median of 3.9 months longer than those who received chemotherapy. Median OS was 12.9 vs. 9 months, respectively]. Across clinical trials, the most common adverse reactions with enfortumab vedotin were alopecia, fatigue, decreased appetite, peripheral sensory neuropathy, diarrhea, nausea, pruritus, dysgeusia, anemia, weight decreased, rash maculo-papular, dry skin, vomiting, aspartate aminotransferase increased, hyperglycemia, dry eye, alanine aminotransferase increased and rash.
FHTX

Hot Stocks

11:34 EDT Foghorn Therapeutics announces preclinical data on FHD-286 - Foghorn Therapeutics announced preclinical data supporting the clinical development and mechanistic understanding of BAF inhibition through the BRG1 and BRM dual inhibitor, FHD-286, for the treatment of cancer, at the 2022 American Association for Cancer Research Annual Meeting in New Orleans, Louisiana. FHD-286 has first-in-class potential and is Foghorn's first candidate directly targeting the chromatin regulatory system to emerge from the Company's Gene Traffic Control platform. With an initial focus in oncology, Foghorn's Gene Traffic Control Platform and resulting broad pipeline has the potential to transform the lives of people suffering from a wide spectrum of diseases. Abstract ND14 - Pharmacological profile and anti-tumor properties of FHD-286: A novel BAF inhibitor for the treatment of transcription factor-driven cancers: FHD-286 is the Company's selective, oral allosteric BRG1/BRM inhibitor with first-in-class potential wholly discovered and developed by Foghorn Therapeutics. Data presented demonstrate robust efficacy at well tolerated doses in xenograft and PDX models of uveal melanoma and AML, and broad therapeutic utility in AML patient derived samples. These data support the two ongoing Phase 1 trials evaluating FHD-286 in metastatic uveal melanoma as well as relapsed/refractory AML and myelodysplastic syndromes. Preclinical Data Highlights: Favorable oral bioavailability, low clearance, and favorable tolerability at doses of 1.5 mg/kg QD associated with efficacy in mouse models; Sensitivity to BAF complex inhibition by multiple cancers, including uveal melanoma and AML; Significant anti-tumor activity in AML xenograft models; Mutation agnostic responses in patient derived samples support potential for broad use across patient types with AML; Synergistic activity with different combination partners including chemotherapy agent cytarabine and targeted therapy venetoclax in primary patient samples; Pre-clinical exploration of FHD-286 in other solid and hematologic tumor types is ongoing for potential indication expansion. Abstract LB190 / 3 - Modulation of SPI1 transcriptional program contributes to the preclinical anti-tumor activity of SMARCA4/SMARCA2 ATPase inhibitors in AML: BAF inhibition with a dual inhibitor of BRG1/BRM modulates transcriptional regulator SPI1 in preclinical in vitro and in vivo models, supporting a mechanistic basis for the clinical development of FHD-286 in AML. SPI1 is a transcription factor critical to hematopoietic development and differentiation, with implications in driving oncogenesis in AML. As a master regulator of multiple lineage specific transcriptional programs, BAF inhibition offers therapeutic potential beyond SPI1 driven subtypes.Preclinical Data Highlights: Dual BAF ATPase inhibition affects SPI1 levels and downstream transcriptional program, impacting cell proliferation and cellular survival BRG1/BRM ATPase inhibition affects enhancer accessibility, reducing occupancy of SPI1 at enhancer elements in AML; Treatment with BAF inhibitor in an AML xenograft model elicited dose-dependent tumor regression at tolerated doses and pharmacodynamic modulation of SPI1 target genes, demonstrating potential therapeutic utility in AML.
ABBV

Hot Stocks

11:31 EDT AbbVie Vice Chairman Michael Severino leaving company - In a regulatory filing earlier, AbbVie disclosed that on April 8, Michael Severino informed the company that he will be departing as AbbVie's Vice Chairman and President, effective May 31. "He will be joining a bioplatform innovation company as CEO-Partner and as CEO of one of its companies," the filing stated.
WINA

Hot Stocks

11:18 EDT Winmark increases quarterly cash dividend to 70c per share - Winmark Corporation announced that its Board of Directors has approved an increase in its regular quarterly cash dividend to shareholders. The quarterly dividend of 70c per share represents an increase of 25c from its previous dividend rate. The cash dividend will be paid June 1, 2022 to shareholders of record on the close of business on May 11, 2022. Future dividends will be subject to Board approval.
WE

Hot Stocks

11:15 EDT WeWork partnering with Yardi on workplace management software - WeWork announced it is partnering with Yardi, which it calls "the leading provider of real estate software," to accelerate speed to market and deliver more enhanced capabilities to the already announced WeWork Workplace product. "By partnering, the two organizations will provide companies of all sizes with a universal platform for powering and optimizing flexible workplace strategies," the company stated. As we began to launch WeWork Workplace, we saw an incredible opportunity to accelerate the growth and capabilities of our product with the expertise of Yardi's platform. Together, WeWork and Yardi have the ability to build a scalable end-to-end solution for powering the future of work. This partnership underscores the importance of delivering holistic solutions that can cater to every type of real estate strategy," added Scott Morey, President of WeWork Technology and Innovation.
OPT

Hot Stocks

11:12 EDT Opthea Ltd (ADR) trading resumes
OPT

Hot Stocks

11:07 EDT Opthea Ltd (ADR) trading halted, volatility trading pause
HOOK

Hot Stocks

11:03 EDT Hookipa Pharma announces preclinical data on arenaviral immunotherapies - HOOKIPA Pharma announced positive preclinical data demonstrating potent T cell responses, potential novel combination use beyond PD-1 inhibitors, and the ability to break immune tolerance to various self-antigens for targeting cancers. The results highlight the potential of HOOKIPA's novel arenaviral platform in difficult-to-treat cancers and as a backbone of potential combination therapies requiring robust T cell responses for cancer patients. The data were shared as poster presentations at the 2022 American Association for Cancer Research Annual Meeting. Preclinical data presented at AACR show that the combination of co-stimulatory 4-1BB agonists with arenaviral immunotherapy increased tumor control and resulted in a higher cure rate than arenaviral immunotherapy alone. Co-stimulatory agents, like 4-1BB agonists, are known as accelerators of cancer immunotherapy, because they help induce potent, tumor-specific T-cells that can infiltrate and kill tumors. The combination of an arenaviral immunotherapy with a 4-1BB agonistic antibody resulted in complete tumor rejection in 30 percent of mice following treatment. Importantly, improved tumor control and cure rates of up to 50 percent were also observed with a 4-1BB ligand which was integrated into the arenaviral vector. A separate preclinical analysis presented at AACR offered additional evidence of potential combination with other modalities. In this analysis, replicating arenaviral immunotherapy was sequentially combined with adoptively transferred TCR transgenic T cells, which resulted in tumor cures in all mice receiving combination therapy, with 100 percent survival at the end of the experiment. These data highlight the potential of arenaviral immunotherapies in combination with other treatment modalities beyond PD-1 inhibitors, as well as showcase the versatility of the platform as a potential backbone for various combination immunotherapies. Additional preclinical data showed antitumor activity with a single administration of replicating arenaviral immunotherapy targeting tumor self-antigens. Specifically, the arenaviral immunotherapy was able to overcome immune tolerance, induce potent T cell responses against two different tumor self-antigens and reduce tumor growth in these cancers. Notably, targeting tumor self-antigens can be a challenge because the immune system does not recognize these molecules as foreign. These preclinical data provide further support for the clinical entry of HOOKIPA's HB-300 candidate for treatment of prostate cancer. The AACR data demonstrate the ability of HOOKIPA's arenaviral immunotherapeutic technology to induce potent T-cell responses against tissue-specific self-antigens, which is the same type of tumor self-antigens targeted by HB-300. The company intends to submit an Investigational New Drug application in the third quarter of 2022. HOOKIPA's Phase 1/2 study of HB-200 for patients with Human Papillomavirus 16-positive squamous cell head and neck cancers is ongoing. Biomarker data from this study showed an unprecedented induction of tumor antigen specific CD8+ T cell responses of up to 40 percent of total CD8+ T cells. As dosing of HB-200 continued, more T cells became polyfunctional, which indicates the T cells are high quality and not exhausted. A clinical update on Phase 1 HB-200 monotherapy data is anticipated mid-year; preliminary data on HB-200 in combination with pembrolizumab as 1st-line and 2nd-line treatment for HNSCC is anticipated in the second half of 2022.
AMZN

Hot Stocks

10:21 EDT IMDb TV changes name to Amazon Freevee - The free streaming service IMDb TV is rebranding as Amazon Freevee. The change will officially take place on April 27. According to a press release, Amazon Freevee will grow its slate of original programming by 70% in 2022. Amazon bought IMDb in 1998. The free-to-stream service launched in 2019 under the name IMDb Freedive.
DAL

Hot Stocks

10:12 EDT Delta Air Lines 'confident' in outlook for meaningful FY profit in 2022
BFRI

Hot Stocks

10:11 EDT Biofrontera announces FDA approval of Biofrontera Pharma's cGMP laboratory - Biofrontera announced that the U.S. Food and Drug Administration has approved Biofrontera Pharma's cGMP laboratory in Leverkusen, Germany, as a contract laboratory for batch control and stability testing of Ameluz. This recognition enables significant improvements in product manufacturing efficiency, quality control and reliability of supply. The FDA cleared Biofrontera Pharma GmbH's laboratory to operate a method of impurity testing, which is a critical component of the gel's stability assurance. The clearance enables part of the necessary testing of production batches to be performed in the Leverkusen facility, thereby reducing dependence on third-party suppliers and the risk of production downtime and product delays. Previously, quality control was conducted entirely by contract manufacturers in collaboration with third-party providers.
DAL

Hot Stocks

10:10 EDT Delta Air Lines to remain 'nimble' on capacity for 2H given macro uncertainty
DAL

Hot Stocks

10:08 EDT Delta Air Lines has hired 4,000 new staffing members this year, says CEO
PRTG

Hot Stocks

10:08 EDT Portage Biotech highlights data presented on PORT-5 at AACR 2022 - Portage Biotech highlighted data being presented in collaboration with Stimunity during the American Association for Cancer Research 2022 Annual Meeting taking place April 8-13 in New Orleans, Louisiana. Preclinical data shows that PORT-5, a stimulator of interferon genes agonist, cyclic guanosine monophosphate-adenosine monophosphate packaged in a virus-like particle developed with Stimunity, can be delivered systemically and achieve potent activation of the STING pathway preferentially in dendritic cells. The data will be presented in a late-breaking research session at the AACR meeting on Wednesday, April 13. The STING pathway is a well-recognized immune-boosting pathway that primes an anti-tumor T cell response and has long been an area of interest in cancer treatment, but limitations of small molecule therapies have stymied STING-activating therapies in clinical trials, due to lack of ability to target specific dendritic cells which leads to varied effects in different cells and an inefficient T cell response. Novel approaches are needed to overcome unwanted side effects associated with activation of this pathway in humans. The promising results from Portage and Stimunity show that PORT-5 can not only target specific dendritic cells but can be customized and targeted to specific cell and tumor types across the body and could offer a differentiating option compared to current treatments.
DAL

Hot Stocks

10:08 EDT Delta urging U.S. government to lift predeparture testing requirements, says CEO
DAL

Hot Stocks

10:07 EDT Delta Air Lines sees 'clear signs' of pent-up demand for travel, CEO says - CEO Bastian says domestic revenues are exceeding 2019 levels.
DAL

Hot Stocks

10:06 EDT Delta Air Lines has not seen impact to travel demand from Ukraine conflict
MBIO

Hot Stocks

10:05 EDT Mustang Bio plans to initiate Phase 1 trial combining MB-101 with MB-108 - Mustang Bio announced its plan to initiate a Phase I clinical trial combining CAR T cells and oncolytic virus for the treatment of recurrent glioblastoma, supported by interim data from two ongoing investigator-sponsored Phase 1 clinical trials evaluating two clinical candidates, MB-108 and MB-101. Preclinical data also presented support the safety of administering these two therapies sequentially in a regimen designated as MB-109. The data are from a late-breaking poster at the American Association for Cancer Research Annual Meeting 2022. Outcomes presented by Dr. Brown from each of the clinical candidates are as follows: MB-101: City of Hope's Phase 1 clinical trial evaluated the feasibility and safety of repetitive administration of locoregionally delivered MB-101 in 65 heavily pretreated patients with recurrent or refractory malignant glioma, the majority of which were rGBM. Following maximal surgical resection / biopsy, dose escalating schedules of MB-101 were administered weekly either intratumorally, intraventricularly. Infusions appeared to be well tolerated with clinically manageable flu-like symptoms and two grade 3 events possibly related to the CAR T cells. Optimization of manufacturing and administration in the final cohort of 19 evaluable patients suggest MB-101 provides a possible survival benefit versus historical controls. Two patients with high levels of intratumoral CD3+ T cells pre-therapy achieved complete responses lasting 7.5 and 31+ months, respectively. MB-108: University of Alabama at Birmingham researchers are conducting a Phase 1 clinical trial evaluating MB-108 for rGBM that will enroll up to 24 patients. Today's poster highlights one clinical trial participant who received a single infusion of MB-108 that was well-tolerated. MRI changes at approximately 7 weeks post-treatment could not discriminate between tumor progression and pseudoprogression. Therefore, the patient underwent tumor biopsy 7 weeks post treatment that showed necrotic areas in tumor after treatment with MB-108. Immune infiltrates, both treated and untreated, evaluated by flow cytometry at that time point suggested that MB-108-treated tumor regions exhibited T cell immune recruitment differences when compared to an untreated region, with increased numbers of CD3+ CD8+ effector T cells that express granzyme B and lower numbers of naive T cells. MB-109: Preclinical data from orthotopic GBM models in nude mice show that pre-treatment with MB-108 re-shaped the tumor microenvironment by increasing immune cell infiltrates, and the overall treatment with MB-109 gave no adverse reactions. These data also show that MB-109 combination therapy could be safely administered at low doses and leads to tumor shrinkage. An upcoming Mustang-sponsored Phase 1 clinical trial will evaluate the safety, tolerability, feasibility and preliminary efficacy of MB-109 in patients with IL13Ralpha2-positive relapsed or refractory GBM and anaplastic astrocytoma. Correlative studies will evaluate whether the combination approach can modify the tumor microenvironment, facilitate CAR T cell trafficking, and mitigate tumor immune escape by antigen loss.
DAL

Hot Stocks

10:05 EDT Delta Air Lines CEO: March had positive unit revenue vs. 2019 - CEO Ed Bastian says March was the best cash sales month in company's history.
PINS

Hot Stocks

10:04 EDT WooCommerce and Pinterest announce strategic partnership - WooCommerce and Pinterest announced a strategic partnership featuring an exchange of services they see "benefiting both companies and their users." The companies stated: "Built in partnership, the new, official Pinterest for WooCommerce extension available in the WooCommerce Marketplace allows mutual merchants to offer Pinterest shopping functionality directly from their Pinterest accounts. The integration enables over 3 million WooCommerce sellers to connect with Pinterest's 400 million monthly users. According to Pinterest data, 97% of the top searches on Pinterest are unbranded, which means browsers are within the discovery stage of their shopping journey. When they do purchase, Pinterest users spend two times more than people on other platforms."
DAL

Hot Stocks

10:03 EDT Delta Air Lines saw surge in demand as omicron receded, says CEO Ed Bastian - Comments taken from Q1 earnings conference call.
NLTX

Hot Stocks

10:03 EDT Neoleukin Therapeutics announces preclinical data for NL-201 - Neoleukin Therapeutics announced the presentation of preclinical data and a trial in progress overview for its immunotherapy candidate NL-201, an IL-2 and IL-15 agonist, at the American Association for Cancer Research Annual Meeting. Details of the poster presentations are as follows: NL-201, a de novo agonist of IL-2 and IL-15 receptors, demonstrates antitumor activity in preclinical B cell lymphoma models: NL-201 promotes in vitro cytotoxicity as a single agent and increases antibody-dependent cellular cytotoxicity in combination with anti-CD20 monoclonal antibody. NL-201 monotherapy demonstrates antitumor activity in the human Pfeiffer xenograft lymphoma model. NL-201 demonstrates robust monotherapy antitumor activity in the syngeneic murine A20 B cell lymphoma model and results in potent combination activity when NL-201 is combined with anti-PD-1 therapy. These findings support the evaluation of NL-201 in a planned clinical study in patients with B cell lymphomas and other hematological malignancies. NL-201, a de novo engineered IL2/IL15 mimic, synergizes with radiation to generate potent antitumor immunity: NL-201, in combination with radiotherapy, is well-tolerated in murine models and elicits robust antitumor activity through both innate and adaptive responses, including in checkpoint resistant tumors and brain metastases. NL-201 in combination with radiation therapy enhances activation of the cytosolic DNA sensor cyclic GMP-AMP synthase stimulator of interferon genes pathway. The immune mechanisms triggered by NL-201 plus radiation result in superior tumor growth inhibition and survival in both localized and metastatic murine breast cancers. Results support further investigation of this novel combination regimen in localized and metastatic cancers. A first-in-human Phase 1 study of NL-201 in patients with relapsed or refractory cancer: The multinational, first-in-human, open-label Phase 1 trial of NL-201 monotherapy is assessing the safety profile, recommended Phase 2 dose and treatment schedule in patients with advanced and/or refractory solid tumors. The primary objectives are to assess the safety and toxicity profile of NL-201 and define the recommended Phase 2 dose and treatment schedule. Enrollment is ongoing at sites in North America and Australia.
EDN

Hot Stocks

10:00 EDT Edenor falls -5.3% - Edenor is down -5.3%, or -36c to $6.44.
BRCC

Hot Stocks

10:00 EDT BRC Inc. falls -6.6% - BRC Inc. is down -6.6%, or -$1.99 to $28.07.
EVTL

Hot Stocks

10:00 EDT Vertical Aerospace falls -13.3% - Vertical Aerospace is down -13.3%, or -$1.31 to $8.51.
GPS

Hot Stocks

10:00 EDT Gap rises 6.5% - Gap is up 6.5%, or 86c to $14.22.
BBAI

Hot Stocks

10:00 EDT BigBear.ai rises 7.3% - BigBear.ai is up 7.3%, or 86c to $12.60.
ULTR

Hot Stocks

10:00 EDT Ultrapetrol rises 96200.0% - Ultrapetrol is up 96200.0%, or $48.10 to $48.15.
MDGS

Hot Stocks

09:59 EDT Medigus enters agreement to invest in ABI Energy - Medigus announced that it has signed an agreement to invest in ABI Energy, a deep-tech company developing devices that optimize fluid transportation to improve the global water, oil, and gas pipeline transportation infrastructure. Following this recent investment, Medigus will hold approx. 19.17%. The company said, "ABI, which will soon be rebranded as Laminera, technology-driven solutions are designed to improve and optimize existing pipeline transportation infrastructure by reducing energy and maintenance costs while enhancing flow capacity. ABI's energy efficiency technology is unique in its ability to suppress turbulence by continuously generating low-frequency pressure waves, which achieves minimal hydrodynamic resistance for the fluid transport process. As a result, friction losses within the pipeline are reduced. The goal of ABI's products is to reduce pump energy consumption by up to 25% in the water, oil, and gas industries." Medigus is the lead investor in an up to $1.4M investment round in ABI Energy. Medigus invested $300,000 in ABI Energy and will issue $400,000 worth of its American Depositary Shares to ABI.
MSC

Hot Stocks

09:56 EDT Studio City International Holdings Limited (Class A ADS) trading resumes
MSC

Hot Stocks

09:50 EDT Studio City International Holdings Limited (Class A ADS) trading halted, volatility trading pause
EDN

Hot Stocks

09:47 EDT Edenor falls -4.4% - Edenor is down -4.4%, or -30c to $6.50.
VLN

Hot Stocks

09:47 EDT Valens Semiconductor falls -5.3% - Valens Semiconductor is down -5.3%, or -26c to $4.69.
EVTL

Hot Stocks

09:47 EDT Vertical Aerospace falls -14.4% - Vertical Aerospace is down -14.4%, or -$1.41 to $8.41.
ACH

Hot Stocks

09:47 EDT Aluminum Corp. of China rises 5.7% - Aluminum Corp. of China is up 5.7%, or 79c to $14.54.
CHRA

Hot Stocks

09:47 EDT Charah Solutions rises 6.0% - Charah Solutions is up 6.0%, or 23c to $4.09.
BORR

Hot Stocks

09:47 EDT Borr Drilling rises 6.9% - Borr Drilling is up 6.9%, or 30c to $4.72.
LEGA

Hot Stocks

09:36 EDT Lead Edge Growth Opportunities Ltd (Class A Stock) trading resumes
GNS

Hot Stocks

09:35 EDT GNS Stock trading resumes
ALJJ

Hot Stocks

09:35 EDT Lakeside Book Company completes acquisition of Phoenix Color from ALJ - Lakeside Book Company announced that it has completed its acquisition of Phoenix Color Corp. from ALJ Regional Holdings. Phoenix is a specialty printer of book components, children's books, and other print-related products with printing facilities in Indiana and Maryland. In addition to book manufacturing, Lakeside provides distribution, sales and marketing services, as well as intellectual property and brand protection technology to book publishers. With this acquisition, Lakeside customers will have access to the most extensive portfolio of products, services, and solutions available in the industry. Phoenix will operate as a division of Lakeside Book Company. Dave McCree, Lakeside's CEO, will lead the combined business. Marc Reisch, former Executive Chairman of Phoenix, will support the business through the integration and remain with ALJ. Phoenix President John Carbone is retiring from the company as Phoenix begins this new era as a division of Lakeside.
LEGA

Hot Stocks

09:31 EDT Lead Edge Growth Opportunities Ltd (Class A Stock) trading halted, volatility trading pause
CTXR

Hot Stocks

09:30 EDT Citius Pharmaceuticals appoints Leonard Mazur as CEO, makes management changes - Citius Pharmaceuticals has approved key management changes aimed at strengthening the company's commercial capabilities as its two late Phase 3 programs for I/ONTAK and Mino-Lok near completion. The organizational alignment will be effective as of May 1. The Board of Directors has appointed current CEO Myron Holubiak to the newly created position of Executive Vice Chairman with responsibility for building the Citius commercial team and guiding the anticipated product launches of the company's first commercial products. Leonard Mazur, Citius co-founder and Executive Chairman has been named as CEO and Chairman. Additionally, CFO Jaime Bartushak will assume additional responsibilities as Chief Business Officer. Michael McGuire will join Citius as VP, Program Leader for Anti-Infectives effective May 1. While at Roche Laboratories, McGuire led the Tamiflu franchise to become the first billion-dollar product for Roche in the U.S.Most recently, McGuire was Senior VP Commercial, Government Affairs, and Customer Engagement at Melinta Therapeutics.
GNS

Hot Stocks

09:30 EDT GNS Stock trading halted, volatility trading pause
SJW

Hot Stocks

09:25 EDT SJW Group announces Maine Public Utilities Commission approval for Maine Water - SJW Group announced that a stipulation agreement between its Maine subsidiary, The Maine Water Company, and the Office of Public Advocate has been approved by the Maine Public Utilities Commission. The agreement stems from a general rate application linked to the company's $60M investment in a new drinking water treatment facility to serve Biddeford-Saco division customers.
RNGTF

Hot Stocks

09:20 EDT Osisko Development announces drilling results from Cariboo project - Osisko Development is pleased to announce drilling results from the 2021 exploration and category conversion drill campaign at its Cariboo Gold Project in central British Columbia. Summary: A total of 47,500 meters were drilled in 109 holes in the Valley Deposit in 2021. This news release includes assay results from holes CM-21-061-1 to CM-21-093. Visible gold was observed in many holes including assays of 91.60 g/t Au over 0.60 meter in hole CM-21-063, 126.50 g/t Au over 0.50 meter in CM-21-068, 120.00 g/t Au over 0.50 meter and 94.10 g/t Au over 0.65 meter in CM-21-084, 201.00 g/t Au over 0.50 meter CM-21-086 and 278.00 g/t Au over 0.50 meter in CM-21-088. CM-21-078 intersected a vein corridor that assayed 10.85 g/t Au over 14.25 meters and included higher grade samples of 23.20 g/t Au over 0.70 meter, 32.10 g/t Au over 0.80 meter, 23.90 g/t Au over 0.50 meter, 25.70 g/t Au over 0.50 meter, 23.40 g/t Au over 0.50 meter and 22.90 g/t Au over 0.50 meter. Assay Highlights: 7.51 g/t Au over 11.65 meters in hole CM-21-061-1; 29.08 g/t Au over 0.60 meter in hole CM-21-061-1; 91.60 g/t Au over 0.60 meter in hole CM-21-063; 42.62 g/t Au over 1.60 meters in hole CM-21-064; 8.44 g/t Au over 5.20 meters in hole CM-21-064; 90.70 g/t Au over 0.50 meter in hole CM-21-066; 13.03 g/t Au over 8.20 meters in hole CM-21-067; 126.50 g/t Au over 0.50 meter in hole CM-21-068; 4.57 g/t Au over 13.55 meters in hole CM-21-069 including 60.20 g/t Au over 0.75 meter; 8.11 g/t Au over 6.25 meters in hole CM-21-070; 3.89 g/t Au over 16.90 meters in hole CM-21-071; 5.85 g/t Au over 7.55 meters in hole CM-21-076; 10.85 g/t Au over 14.25 meters in hole CM-21-078; 75.80 g/t Au over 1.15 meters in hole CM-21-084 including 120.00 g/t Au over 0.50 meter; 14.01 g/t Au over 4.80 meters in hole CM-21-084 including 94.10 g/t Au over 0.65 meter; 15.74 g/t Au over 3.80 meters in hole CM-21-085 ; 19.73 g/t Au over 2.50 meters in hole CM-21-086; 201.00 g/t Au over 0.50 meter in hole CM-21-086; 4.98 g/t Au over 8.10 meters in hole CM-21-087; 12.40 g/t Au over 4.15 meters in hole CM-21-087 including 85.00 g/t Au over 0.50 meter; 100.87 g/t Au over 1.50 meters in hole CM-21-088 including 278.00 g/t Au over 0.50 meter; 113.00 g/t Au over 0.50 meter in hole CM-21-089; 6.78 g/t Au over 8.00 meters in hole CM-21-089; 8.44 g/t Au over 4.90 meters in hole CM-21-091; 5.89 g/t Au over 8.70 meters in hole CM-21-092; 27.47 g/t Au over 1.90 meters in hole CM-21-093 including 46.30 g/t Au over 0.90 meter; 10.57 g/t Au over 5.35 meters in hole CM-21-093; 18.72 g/t Au over 2.60 meters in hole CM-21-093; 80.80 g/t Au over 0.60 meter in hole CM-21-093; 14.89 g/t Au over 8.60 meters in hole CM-21-093 . Maggie Layman, Vice President of Exploration for Osisko Development commented, "The 2021 category conversion and exploration program at the Valley Deposit was successful in delineating and expanding known vein corridors with high grade gold samples to support our feasibility study and ongoing mine planning, increasing confidence in the project and generating further interest for exploration within the main area and beyond."
HTBK

Hot Stocks

09:20 EDT Heritage Commerce announces EVP Benito retires, Warford to succeed - Heritage Commerce announced the retirement of Executive Vice President, EVP, Michael Benito, effective June 1, 2022. At the same time, Dustin Warford will step in as Executive Vice President, Community Business Banking Division Manager, assuming Benito's responsibilities. Heritage Bank of Commerce also announced the promotions of Paul Perez to Real Estate Industries Division President and Doug Stewart to Market President for the Bank's Peninsula Region.
PRFT

Hot Stocks

09:19 EDT Perficient announces multi-year partnership with Atlanta United - Perficient announced a multi-year, multi-faceted partnership with Major League Soccer's Atlanta United franchise. Under terms of the agreement, Perficient will receive a variety of marketing and corporate engagement benefits.
DQ

Hot Stocks

09:18 EDT Daqo New Energy provides update on Holding Foreign Companies Accountable Act - Daqo New Energy announced that it is aware of the fact that it was identified by the SEC under the Holding Foreign Companies Accountable Act of the U.S. - the "HFCAA" - on April 12. Such identification may have resulted from the company's filing of the annual report on Form 20-F for FY21. The identification indicates that the SEC determines that the company used an auditor, whose working paper cannot be inspected or investigated completely by the PCAOB, to issue the audit opinion for its financial statements for FY21. The company's ADSs will be delisted from the NYSE in early 2024, unless the Act is amended to exclude the company or the PCAOB is able to conduct a full inspection of the company's auditor during the required timeframe. The company has been exploring possible solutions.
BFH AXP

Hot Stocks

09:18 EDT Bread Financial launches new consumer credit card - Bread Financial (BFH) announced the launch of a new consumer credit card, the Bread Cashback American Express Credit Card. Bread Cashback offers unlimited 2% cash back with no reward caps and no categories to manage. Plus, there are no annual fees or foreign transaction fees. Cardholders will also have access to premium American Express (AXP) offers and benefits.
ABML

Hot Stocks

09:18 EDT American Battery Metals hires McDaniel as Senior Staff Analytical Chemist - American Battery Technology continues expansion of its staff with new Senior Staff Analytical Chemist, Dr. Mark McDaniel. Dr. McDaniel joins ABTC with over twenty years of experience. Most recently, he worked with the Nevada Division of Environmental Protection, NDEP, as an environmental scientist in their Bureau of Water Quality Planning. In this new role, McDaniel will lead a team of scientists in the development and implementation of analytical procedures to quantify the quality and performance of materials within the lithium-ion battery recycling and primary lithium hydroxide manufacturing systems.
FERG

Hot Stocks

09:18 EDT Trian Partners takes 5.2% passive stake in Ferguson - Trian Partners disclosed a 5.2% stake in Ferguson, which represents over 11.3M shares. The filing does not allow for activism.
DSX

Hot Stocks

09:16 EDT Diana Shipping announces times charter contract with C Transport - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with C Transport Maritime, Bermuda, for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The gross charter rate is US$26,000 per day, minus a 5% commission paid to third parties, for a period until minimum February 1, 2024 up to maximum April 15, 2024. The charter commenced yesterday. The "Philadelphia" is a 206,040 dwt Newcastlemax dry bulk vessel built in 2012. The employment of "Philadelphia" is anticipated to generate approximately $16.87M of gross revenue for the minimum scheduled period of the time charter.
FERG

Hot Stocks

09:16 EDT Ferguson announces GBP 450M buyback - Ferguson plc "announces that, in continuation of its $2B share repurchase program, it has entered into an irrevocable and non-discretionary arrangement with its broker Barclays Capital Securities Limited and Barclays Capital Inc. to buy back up to GBP 450 million of its shares commencing from April 13, 2022 and ending no later than June 23, 2022. Under this arrangement, Barclays will act as principal and will make decisions under the program independently from the company."
IFNY

Hot Stocks

09:14 EDT American Noble Gas enters into farmout agreement to explore Hugoton Gas Field - American Noble Gas announced it has agreed to acquire a 40% participation in a farmout agreement negotiated with a major operator relative to its existing oil and gas and brine interests in the Hugoton Gas Field in Haskell and Finney Counties, Kansas. AMGAS will join with three other partners to explore for and develop oil and gas and brine reserves on the property covered by the Farmout Agreement. The Farmout Agreement covers drilling and completion of up to 50 wells, with the first exploratory well scheduled to be spudded in April 2022. The Hugoton JV will utilize existing infrastructure assets, including water disposal, existing brine stream, gas gathering and helium processing, as part of the Farmout Agreement. The Hugoton JV also acquired the rights to all brine minerals produced, subject to a ten percent royalty, across all of Finney and Haskell Counties. The JV and its partners are currently developing proprietary technology with respect to brine mineral recovery which may be an important factor in efficiently harvesting the brine minerals produced under the Farmout Agreement. The first exploratory well is scheduled to commence in April 2022 near Garden City, Kansas with a goal to evaluate an unconventional theory for reinvigorating production from the Hugoton Gas Field. If the Hugoton JV is successful in proving out this theory, the Company anticipates that it could result in the unlocking of substantial gas and helium reserves embedded in the Hugoton Gas Field that were previously considered depleted.
NWVCF

Hot Stocks

09:14 EDT EnWave hosts showcase event with Elea to highlight PEF + REV technologies - EnWave Corporation is partnering with Elea to host a showcase event on the synergizing of PEF and Radiant Energy Vacuum Dehydration for faster, higher quality, low energy drying for food applications. The two-day showcase event is taking place April 21 - 22 at Elea's R&D center in Quakenbruck, Germany where leaders in food innovation from around the world will meet to learn more about the applications and benefits of these two technologies paired together to make superior shelf-stable dried foods. The event will consist of presentations from PEF and REV process experts, followed by live demonstrations and one-to-one sessions in Elea's pilot halls.
LAKE

Hot Stocks

09:13 EDT Lakeland Industries announces $5M stock repurchase program - Lakeland Industries announced that its Board of Directors has authorized a new stock repurchase program under which the Company may repurchase up to $5M of its outstanding common stock. This new program will become effective upon exhaustion of the current program which has approximately $800,000 remaining for repurchases. The new share repurchase program has no expiration date but may be terminated by the Board at any time.
JPM

Hot Stocks

09:12 EDT JPMorgan: Rate of buybacks to be less than in 2021
MOLN

Hot Stocks

09:11 EDT Molecular Partners announces shareholder approval of all board proposals at AGM - Molecular Partners announced that the shareholders of the Company approved all motions proposed by the Board of Directors. The shareholders of Molecular Partners voted to re-elect all members of Molecular Partners' Board of Directors for a term of office of one year. William "Bill" Burns was re-elected Chairman of the Board and re-appointed as the chairperson of the Board's Nomination and Compensation Committee. Steven Holtzman and Michael Vasconcelles, M.D., were also re-elected to the Nomination and Compensation Committee. KPMG AG Zurich was re-elected as the Group's statutory auditors for the financial year 2022 and Anwaltskanzlei Keller KLG, Zurich, elected as the independent proxy for a term of office until the 2023 Annual General Meeting. The shareholders of the company renewed the authorization of the Board of Directors of Molecular Partners AG to increase the share capital of the Company for a period of two years until April 13, 2024. The Annual General Meeting approved all binding motions regarding compensation of the Board of Directors and the Management Board. Further, the shareholders of Molecular Partners AG approved the annual report and the annual financial statements for the financial year 2021, the appropriation of the 2021 results, the appropriation of reserves, as well as the compensation report. The Board of Directors and the Management Board were granted discharge for the financial year 2021.
GEVO

Hot Stocks

09:10 EDT Gevo 'applauds' Biden's executive actions on sustainable aviation fuel - Gevo announced that it applauds President Joe Biden's new actions to support sustainable aviation fuel. As part of the Biden Administration's plans to expand the availability of higher biofuels-blended gasoline throughout the summer, the Administration also announced a series of initiatives that will create economic opportunity for agricultural communities by spurring the SAF market. Three of the key proposals are supporting increased production of SAF to at least 3 billion gallons per year by 2030, new and ongoing funding opportunities for SAF projects totaling up to $4.3 billion, and an increase in research and development activities to achieve at least a 30 percent improvement in aircraft fuel efficiency. Gevo recently signed agreements with US-based Delta Airlines for up to 75 million gallons of SAF per year, demonstrating the demand for SAF as airlines seek ways to lower their own, as well as their customers' carbon footprints.
FAT

Hot Stocks

09:10 EDT Fat Brands' announces Quick-Service Division signed 20 new development deals - FAT Brands announces its Quick-Service Division has signed 20 new development deals, totaling over 50 additional units, following the acquisition of Global Franchise Group in June 2021. In total, there are over 150 units in the pipeline in the Quick-Service Division with over 30 locations set to open their doors in 2022. "While the pandemic has certainly impacted the restaurant space, we are so fortunate to have a deep store pipeline in addition to solid same-store-sales growth," said Jenn Johnston, President of FAT Brands' Quick-Service Division. "In the fourth quarter of 2021, same-store-sales within the division were up 10.6% in comparison to 2019 and up 16.1% in comparison to 2020. Since joining FAT Brands, we have increased our scale, offered franchisees access to new services, and have formed new synergies at both the brand and corporate level."
CRTD URBN

Hot Stocks

09:09 EDT Creatd's Dune wellness drink to be sold at Urban Outfitters - Creatd (CRTD) launched a new partnership between Dune Glow Remedy, the company's owned-and-operated wellness beverage brand, and Urban Outfitters (URTD).
VLD LMT

Hot Stocks

09:07 EDT Velo3D says Lockheed Martin uses its end-to-end additive manufacturing solution - Velo3D (VLD) announced Lockheed Martin (LMT) is using Velo3D's end-to-end additive manufacturing solution for its Additive Design & Manufacturing Center, which pilots new additive manufacturing technologies for production deployments in Lockheed Martin's Space division. Velo3D was selected for its advanced quality assurance capabilities made possible through its Assure software, which provides layer-by-layer traceability of machine health, part integrity, and build reporting. The solution Velo3D has delivered to Lockheed Martin includes a Sapphire printer, Velo3D's Flow print preparation software, its Assure quality assurance and control software, and its underlying Intelligent Fusion manufacturing process, which optimizes the additive manufacturing process by combining process simulation, geometry-based detection, and build process monitoring during print execution. This end-to-end solution gives customers the confidence that the mission-critical parts printed using Velo3D's additive manufacturing technology preserve design intent. It also provides customers with the ability to produce identical parts across any Velo3D Sapphire printer, so as production needs increase, customers can merely add additional printers to their production facilities anywhere in the world or utilize Velo3D's network of contract manufacturers. "The past few years have uncovered weaknesses in the global supply chain, which is causing many companies to evaluate new technologies to feed production of their mission-critical parts and hardware, and distribute their manufacturing processes," said Benny Buller, Velo3D CEO and Founder. "An additive manufacturing solution that can print identical parts anywhere you have a printer can not only help solve some very specific, complex challenges in our global supply chain, it can also lower production costs and lead times, and enable the manufacturing of parts in closer proximity to where they are needed." The company's latest Sapphire XC system enables higher productivity and lower production costs for Velo3D customers. It also enables the printing of parts that are 600 mm in diameter and up to 550 mm in height-500% larger than the previous Sapphire system
TBLA

Hot Stocks

09:06 EDT Taboola reaches second year milestone, supporting more than 500 advertisers - Taboola announced a major adoption milestone for the Taboola Creative Shop, the first global program to help brands and media agencies execute and optimize advertising campaigns that run on its network. Since launching two years ago, more than 500 brands and agencies have chosen the Taboola Creative Shop to increase the impact of their Taboola campaigns. "The Creative Shop continues to couple our massive reach for advertisers with insights and guidance that are unique to Taboola, resulting in clear results for brands and media agencies. Over the past 2 years, we've seen the Creative Shop continue to grow to serve nearly every type of modern brand, to run campaigns that are effective and drive meaningful results regardless of desired outcome. Through this program, we are grateful to be even closer partners with the world's top brands," said Adam Singolda, CEO, Taboola
HON

Hot Stocks

09:06 EDT Honeywell announces new sustainability commitments - Honeywell announced a new set of commitments that further advance its sustainability goals beyond the company's existing commitment to become carbon neutral in its facilities and operations by 2035. The new pledges include a commitment to develop a science-based target with the Science Based Targets initiative - SBTi - that includes scope 3 emissions and participation in the Department of Energy's Better Climate Challenge. The company also supports the Paris Climate Agreement. Honeywell will work with SBTi to reduce its emissions in line with climate science. Over the next two years, Honeywell will further quantify its Scope 3 emissions and work closely with SBTi to determine an appropriate reduction target for those emissions. Honeywell has already committed to carbon neutrality in Scope 1 and 2 emissions by 2035. Honeywell will reduce its Scope 1 and 2 emissions in the U.S. by 50% and improve energy efficiency by an additional 10% by 2030, from a 2018 baseline. As part of the Better Climate Challenge, Honeywell will develop a plan with greenhouse gas emissions reduction milestones, share its progress and solutions with other organizations, and report on its emissions data during the 10-year timeframe. About 60% of Honeywell's 2021 new product introduction R&D investment was directed toward ESG-oriented outcomes, and more than 60% of its 2021 sales were from offerings that contribute to ESG-oriented outcomes.
NCLH

Hot Stocks

09:05 EDT Norwegian Cruise Line launches NFT marketplace - Norwegian Cruise Line launched its NCL NFT marketplace, allowing global travelers and brand aficionados to own a piece of history with their win or purchase of NFTs which showcase the art and inspiration for NCL's newest vessels, Norwegian Prima and Viva. The launch is a first for both NCL and the cruise industry, and adds to the Brand's legacy of pioneering firsts. The collection was created by Manuel Di Rita, widely known as "Peeta," the Italian artist who designed the hull art on the record-breaking Norwegian Prima and her sister vessel Norwegian Viva. The six pieces in the collection can be found at https://nft.ncl.com. One of the art pieces will be auctioned at the starting rate of $2,500, with the remaining NFTs to be sold for prices beginning at $250. The winner of the auction will also be awarded a balcony stateroom on one of Norwegian Prima's U.S. inaugural voyages, setting sail from Miami. All proceeds from the NFT auction and sales will be donated to Teach For America. Teach For America finds, develops, and supports a network of leaders who expand opportunity for children.
ALLO

Hot Stocks

09:05 EDT Allogene Therapeutics publishes preclinical data on ALLO-316 - Allogene Therapeutics announced that new preclinical findings of ALLO-316, an AlloCAR T therapy targeting CD70 for the treatment of renal cell carcinoma, RCC, were presented in a poster session of the 2022 American Association for Cancer Research, AACR, Annual Meeting. The findings were also published in Cancer Research, a journal of the American Association for Cancer Research. CD70 has previously been shown to be highly expressed in RCC and several hematological cancers with limited normal tissue expression. The current work illustrates that CAR T cells targeting CD70 could be generated in which expression of CD70 CARs was found to mask the cells own CD70 receptors in cis, providing protection from CAR T-mediated fratricide. Multiple CAR T cell constructs were evaluated for anti-tumor activity against RCC cell line and patient-derived mouse tumor models. Lead candidates were evaluated in preclinical safety studies which indicated limited potential for off-target binding. Lastly, highly functional CD70 allogeneic CAR T cells that were gene-edited with TALEN to eliminate TCR expression were produced at large scale. "These results add to our strong interest in evaluating the potential of ALLO-316 to treat patients with CD70 expressing malignancies, including RCC and other cancers," said Rafael G. Amado, M.D., Executive Vice President of Research and Development and Chief Medical Officer. "Coupled with previously published preclinical data on ALLO-316 in a variety of tumors, these findings reinforce our belief that CD70 is an important target across a broad spectrum of cancers."
SIDU TUP

Hot Stocks

09:04 EDT Sidus Space appoints Teresa Burchfield as CFO - Sidus Space (SIDU) announced that Teresa Burchfield has been appointed CFO, effective April 11. Burchfield brings over 30 years of finance and accounting experience to her new role as CFO at Sidus Space. Prior to her appointment with Sidus Space, Burchfield had a 19-year tenure with Tupperware (TUP).
NEWR

Hot Stocks

09:04 EDT New Relic achieves HITRUST certification for Its observability platform - New Relic has earned Certified status for information security by HITRUST. HITRUST Risk-based, 2-year Certified status demonstrates that the organization's New Relic One Platform hosted in Amazon Web Services has met key regulations and industry-defined requirements and is appropriately managing risk. This achievement places New Relic in an elite group of organizations worldwide that have earned this certification. By including federal and state regulations, standards, and frameworks, and incorporating a risk-based approach, the HITRUST Assurance Program helps organizations address security and data protection challenges through a comprehensive and flexible framework of prescriptive and scalable security controls. The certification follows the launch of New Relic's industry-first HIPPA-compliant observability platform, making it the first and only in the industry to attain these achievements for its full platform. By earning the HITRUST Risk-based, 2-year (r2) Certified status, New Relic meets industry-defined regulations to secure patient Protected Health Information (PHI) when managing telemetry data. As healthcare and life sciences organizations accelerated their digital transformation journeys during the COVID pandemic, Observability became business critical for them to ensure world-class digital experiences for their patients, providers and partners. However, adopting best-in-breed Observability practices has been a challenge for engineering teams, as most Observability solutions do not meet the required security and data protection regulations. The most difficult challenge has been around securing patient PHI. Today's launch helps overcome this critical challenge by ensuring that all of the telemetry data collected in New Relic including metrics, events, logs and tracesis part of a HIPAA-compliant and HITRUST Risk-based, 2-year Certified solution. "Our mission is to empower every engineer with observability. However, engineering teams in healthcare and life sciences organizations have traditionally not been able to widely adopt observability practices due to security and data protection regulations," said Wendy Sheppard, SVP & GM, Telemetry Data Platform. "To address this opportunity, we launched the industry's first HIPAA-compliant observability platform last year and are announcing the HITRUST Risk-based, 2-year Certification today. These milestones demonstrate our commitment to helping healthcare organizations deliver world-class experiences while keeping PHI secure."
ZM

Hot Stocks

09:03 EDT Zoom Video announces Zoom IQ for Sales - At its second Work Transformation Summit, a virtual gathering of business leaders that offers actionable insights for navigating the transformation and future of work, Zoom Video Communications unveiled its latest innovations in the Zoom platform to help businesses improve customer and employee experiences for the new 'work anywhere' workforce. Zoom IQ for Sales, a conversation intelligence solution for sales professionals, as well as new Zoom Events and Webinar functionalities such as backstage and Webinar session branding, are putting engagement at the center of the experience and transforming the way we work, connect, and collaborate. Zoom IQ for Sales is a conversation intelligence add-on for Zoom Meetings that turns customer interactions into meaningful and actionable insights, helping teams across marketing, sales, and competitive intelligence improve crucial interactions with customers. Zoom IQ for Sales is now available as an add-on for Zoom Meetings customers with support for Zoom Phone coming soon. Zoom IQ for Sales is the first iteration of Zoom's conversation intelligence technology under the Zoom IQ umbrella, with potential future use cases by product, industry, and use case. To learn more about Zoom IQ for Sales, please visit the Zoom IQ for Sales page and read our blog. Virtual and hybrid events are crucial to a brand's marketing strategy, allowing them to connect with customers and prospects on their terms. One of the most requested features for Zoom Events, the all-in-one platform that allows brands to create virtual and hybrid experiences, has been a gathering place for speakers before, during, and after a session. To meet this need, Zoom is launching backstage, a new feature that allows panelists, speakers, and production crews to stay behind the scenes while viewing the live webinar feed, chatting with each other, answering attendees' questions, and practicing their presentations. Zoom announced two more Zoom Webinar innovations, designed for anyone who wants to present information to a large online audience attending from anywhere in the world on any device: Webinar reactions: Webinar attendees can use reactions. The stream of submitted reactions is displayed in the bottom-right corner of the main webinar window, visible to the host, panelists, and attendees. Webinar session branding: Hosts can customize the appearance of the in-webinar experience by adding a wallpaper behind the video tiles, setting a common virtual background for all panelists, and providing name tags for each panelist. Webinar reactions and session branding are available now, and Zoom Events backstage will be generally available in late April 2022. The Zoom Events' session experience is also available now on Zoom Rooms, allowing hosts and attendees to join events from Zoom Rooms appliances.
HMBL

Hot Stocks

09:03 EDT HUMBL selected to pilot digital wallet program with County of Santa Cruz, CA - HUMBL announced the unanimous approval and formation of a pilot program with the County of Santa Cruz, California, CA, to develop a digital wallet. The program will be customized at the request of the County to experiment with the streamlining and equitable distribution of city services to all of its constituents via mobile wallet. The initial pilot program will include the infrastructure for a digital wallet and expanded to serve the needs of the community as the County sees fit. The initiative was sponsored by Supervisor Zach Friend and approved unanimously by the County Board of Supervisors in their meeting on April 12, 2022. The program will be delivered and reported back on no later than August 9, 2022. "At HUMBL Blockchain Services we believe one of the key uses of blockchain will be mobile wallets. Delivering personal identification, verifiable credentials, document storage and payment methods for citizens around the world to interact more effectively with their local, state and national governments," said HUMBL CEO, Brian Foote. "Today is a positive step towards that future here in the United States and in our home state of California."
CBOE

Hot Stocks

09:03 EDT Cboe Global Markets to add Tuesday, Thursday expirations for SPX Weeklys options - Cboe Global Markets announced it will list S&P 500 Index Weeklys options with Tuesday expirations beginning Monday, April 18, and Thursday expirations beginning Wednesday, May 11. These new listings build on the success of Cboe's popular SPX Weeklys options, which currently include Monday, Wednesday and Friday-expiries, and will expand the product suite to provide expirations every trading day of the week.
FSLR...

Hot Stocks

09:02 EDT NGM partners with First Solar Technology to decarbonize energy supply - First Solar (FSLR) announced that its responsibly-produced photovoltaic, PV, solar module technology would power 17 percent of the annual energy needs of Nevada Gold Mines, NGM. NGM is a joint venture between Barrick Gold Corporation (GOLD) and Newmont Corporation (NEM) that is operated by Barrick. As part of the deal, which was booked prior to the release of First Solar's Q4 and Full Year 2021 earnings in February, 260 megawatts DC of solar modules manufactured by First Solar in Ohio will be deployed to power the new 200 MWAC facility in the second quarter of 2023. "As America's solar company, we're proud to support Nevada Gold Mines with responsible solar technology designed and developed right here in the United States," said Georges Antoun, chief commercial officer, First Solar. "NGM is part of a growing wave of customers that are unwilling to compromise on quality or their principles, and choose to partner with First Solar. They partnered with us because we can deliver a high-performance module that comes without the social, environmental, and political risks that are, unfortunately, associated with too many solar manufacturers today."
PING

Hot Stocks

09:02 EDT Ping Identity appoints Rakesh Thaker as Chief Development Officer - Ping Identity appointed Rakesh Thaker as its new SVP, Chief Development Officer to lead Ping Identity's world-wide Research & Development organization. Thaker will supersede the retiring Peter Burke, currently responsible for leading Ping Identity's R&D organization. Thaker comes to Ping Identity from Cisco, where as Vice President of Enterprise Networking he was responsible for overseeing a global R&D team. Thaker has held leadership positions at both private and public companies including Cisco, Gigamon, Blue Coat and Dell.
JPM

Hot Stocks

09:00 EDT JPMorgan sees modest growth in deposits as base case
DYAI

Hot Stocks

08:55 EDT Dyadic says licensee Epygen Biotech receives funding from India government - Dyadic International announced that Dyadic Licensee, Epygen Biotech PVD, LTD., has received funding from the Department of Biotechnology, Government of India, to advance an affordable COVID-19 vaccine candidate through Phase 1 and Phase 2 clinical trials in India which utilizes Dyadic's C1 protein production platform. Epygen Biotech is an Indian Biopharmaceutical company engaged in both research and manufacturing of therapeutic proteins for critical diseases and novel vaccines. Debayan Ghosh, Founder and CMD of Epygen Biotech PVD, LTD., commented, "There exists a natural process of continuous mutation of the Coronavirus. Vaccines evolve against new variants to stay ahead in the game. I personally have more than two decades of experience working with the C1 platform, which gives me tremendous confidence in this technology. Our aim is to initially produce 100 million doses per year, at an anticipated price point of approximately $2 per dose, of the potential vaccine which could be used as the primary as well as booster against present and future SARS-CoV-2 variants. We are further planning to raise approximately $26M for Phase III, which will help us augment our production capacity and roll out the vaccine as soon as possible."
BBBY

Hot Stocks

08:54 EDT Bed Bath & Beyond says 'very happy' with financial performance of BuyBuy Baby - Says working to unlock "full potential" of Baby unit.
JPM

Hot Stocks

08:49 EDT JPMorgan CFO feels 'really good' about capital position from here
JPM

Hot Stocks

08:44 EDT JPMorgan will provide updates to financial targets next month, says CFO - JPMorgan is set to hold its investor day event in May, CFO Barnum says.
GBOX

Hot Stocks

08:44 EDT GreenBox granted SOC 2 Type 2 Certification - GreenBox POS announced the completion of the System and Organization Controls 2 Type 2 certification audit on controls relevant to the security trust services category. The independent audit was conducted by Armanino, LLP for the time period of November 1st 2021 through January 31st 2022.
PSIX

Hot Stocks

08:43 EDT Power Solutions' 6.0-liter industrial mobile engine receives EPA certification - Power Solutions International announced that the U.S. Environmental Protection Agency and California Air Resources Board have certified the company's 6.0-liter gasoline-powered industrial mobile engine. The certifications cover mobile, non-road emission regulations for constant speed operation. The 6.0-liter industrial mobile engine is a fully integrated drop-in solution delivering uncompromised power performance and maximum fuel efficiency. The engine delivers 174-horsepower of power at 2900 rpm and peak torque of 315 ft-lbs. at 2900 rpm.
VEV

Hot Stocks

08:42 EDT Vicinity Motor secures midwest distribution agreement with Hoekstra - Vicinity Motor announced that it has signed a new distribution agreement with Hoekstra Transportation to offer the Company's Vicinity Lightning, Vicinity Classic and VMC-Optimal vehicles, including an initial order for eight vehicles. Under the terms of the agreement, Hoekstra will distribute Vicinity vehicles throughout Michigan, Indiana and Ohio. The Vicinity line adds to Hoekstra's portfolio of traditional and electric vehicles. The agreement includes a commitment to eight vehicles, including Vicinity Classic, Vicinity Lightning and VMC Optimal vehicles.
GNLN MMNFF

Hot Stocks

08:41 EDT Greenlane appoints Darsh Dahya as CAO - Greenlane Holdings (GNLN) announced the appointments of Darsh Dahya as Chief Accounting Officer, effective April 18, 2022, and Renah Persofsky as Board Director, effective April 11, 2022. The Company also announced the resignation of Dallas Imbimbo from the Company's Board of Directors. Dahya previously served as the Senior Vice President of Accounting at MedMen Enterprises (MMNFF), a leading cannabis retailer with operations across the nation. As Chief Accounting Officer, Mr. Dahya will lead many of Greenlane's principal financial activities. The Company has appointed Renah Persofsky as a Board Director. Ms. Persofsky has served as the Chief Executive Officer of Strajectory Corp. since 2010 and was an Executive Consultant of Canadian Imperial Bank of Commerce from 2011 to 2021. The Company also announced that Dallas Imbimbo, Chairman of the Nominating and Corporate Governance Committee, has resigned from the Company's Board of Directors to pursue other business interests. A serial entrepreneur, Mr. Imbimbo was a founder of Kush Bottles and later KushCo Holdings, which merged with the Company in 2021.
GOLD FSLR

Hot Stocks

08:39 EDT New NGM solar power plant advances Barrick's clean energy drive - Nevada Gold Mines, NGM, is investing in a 200 MW solar power plant designed to accelerate its decarbonization program in line with the Barrick Gold Corporation's Greenhouse Gas Reduction Roadmap. NGM is majority owned and operated by Barrick (GOLD). NGM announced they are partnering with First Solar (FSLR) to manufacture all modules required to support the 200 megawatts construction, entirely in the United States. NGM has commenced detailed engineering and expects to begin construction in the third quarter of 2022. The modules supplied by First Solar are expected to be delivered in the beginning of the second quarter of 2023 and will power both phases of the power plant.
BBBY

Hot Stocks

08:37 EDT Bed Bath & Beyond says seeing 'challenging' sales, traffic trends in Q1 - Sees negative adjusted EBITDA in Q1. Says will continue to mange cost structure "prudently." Expects "modest" gross margin expansion in FY22.
INAB

Hot Stocks

08:37 EDT In8bio announces two additions to clinical, regulatory team - IN8bio announced the additions to its clinical and regulatory team as the Company seeks to expand its clinical pipeline with at least one new company sponsored investigational new drug application, IND, this year. IN8bio has appointed Urvashi Patel, Ph.D., as Vice President, Regulatory Affairs and Stacey Bilinski, as Vice President, Clinical Operations. Dr. Patel most recently serving as the VP of Regulatory and Quality Systems at WindMIL Therapeutics. Prior to joining, Bilinski was the Global Senior Director, Operations at Taiho Oncology.
NMM

Hot Stocks

08:36 EDT Navios Maritime Partners announces availability of 2021 Form 20-F - Navios Maritime Partners announced that its Annual Report on Form 20-F for the year ended December 31, 2021 has been filed with the SEC and can be accessed on Navios Partners' website www.navios-mlp.com under the "Investors" section.
CCXI

Hot Stocks

08:35 EDT ChemoCentryx reports PK, PD data from ongoing Phase I study of CCX559 - ChemoCentryx announced the presentation of preclinical data and initial pharmacokinetic, PK, and pharmacodynamic, PD, data from the ongoing Phase I clinical study of CCX559 during a poster session at the American Association for Cancer Research, AACR, Annual Meeting 2022. Preclinical characterization has demonstrated that CCX559 is a potent inhibitor of PD-L1 that blocks binding to PD-1 and CD80 and prevents PD-L1 inhibition of T cell activation. During 2021, ChemoCentryx initiated a first-in-human Phase I dose escalation study to evaluate the safety, tolerability, PK and PD of CCX559 in patients with various types of advanced cancer. In this Phase I basket study, CCX559 is taken orally once per day at specified dose levels, starting at 30 mg and ranging to date to 120 mg. In the AACR poster titled, "CCX559, an orally administered small molecule PD-L1 inhibitor for the treatment of solid tumors: Initial Pharmacokinetic and Pharmacodynamic Results from the in Progress First-In-Human Trial," ChemoCentryx reported initial data available to date from patients enrolled in the first three dose cohorts in the ongoing Phase I study. Patients received CCX559 once daily at doses of 30 mg, 60 mg and 120 mg. All patients receiving 120 mg of CCX559 were included in the PK evaluation reported in the poster. PD data for seven of the 120 mg patients were also presented. PK evaluation shows human CCX559 exposure is in line with preclinical projections. PD activity results from the first cycle of treatment indicate that CCX559 is immunomodulatory. The PD activity of CCX559 is consistent with approved antibody inhibitors of PD-L1, in the extent and kinetics of the observed Th1 responses. ChemoCentryx expects to present additional findings from this ongoing Phase I study at major oncology conferences through 2022. During the second half of 2022, the Company plans to advance CCX559 into a Phase Ib/II clinical trial to measure anti-tumor effects of CCX559 more directly.
NVCT

Hot Stocks

08:35 EDT Nuvectis Pharma provides highlights from presentations on NXP900 - Nuvectis Pharma provided highlights from the poster presentation of NXP900 that took place yesterday at the American Association for Cancer Research Conference in New Orleans. NXP900 Poster Presentation Key Highlights: Novel mechanism of action locks the target kinase in its closed confirmation, resulting in inhibition of both the catalytic and scaffolding functions ot the target. High selectivity demonstrated in a comprehensive kinome screen. Clinically relevant mechanisms of sensitivity identified. High sensitivity in various types of cancer cell lines of squamous origin. FAT1 loss-of-function mutations, which are highly prevalent in squamous carcinomas, in particular in head & neck, is associated with sensitivity to NXP900. IND-enabling studies ongoing.
ITI

Hot Stocks

08:35 EDT VDOT selects Iteris for TSO&M and support services - Iteris announced that it has been awarded an open-ended on-call contract by the Virginia Department of Transportation, VDOT, for intelligent transportation system ITS operations, planning and support services, representing continued demand for Iteris' mobility consulting services in a key geographic market. Under the terms of the three-year contract, which has an unlimited ceiling and is renewable for two one-year extensions, Iteris will provide: on-call technical and administrative support in transportation system operations and management; ITS planning; connected and automated vehicle program support; expansion of mobile applications development and integration for data sharing; integrated corridor management development; transportation operational services; traffic analysis and safety; and related program support services for VDOT on a state-wide basis. This contract is federally approved and could be eligible for federal funds, including program budget authorized under the Infrastructure Investment and Jobs Act to improve the condition of infrastructure systems across the country. "We are thrilled that VDOT is demonstrating its continued commitment to improving safety, mobility and sustainability in the Commonwealth of Virginia," said Dr. Moe Zarean, general manager, Mobility Operations Services at Iteris. "This initiative represents the continued expansion of Iteris' mobility consulting services in the Mid-Atlantic, and will ultimately help to increase the value, effectiveness and resilience of the region's existing transportation infrastructure, while also improving air quality and reducing fuel consumption through improved traffic operations."
JPM

Hot Stocks

08:34 EDT JPMorgan continuing to see positive trends in loan growth, CFO Barnum says - Comments taken from Q1 earnings conference call.
BBBY

Hot Stocks

08:34 EDT Bed Bath & Beyond says digital channel represented 41% of total sales in Q4 - Says cash and liquidity "remain solid."
ONCT

Hot Stocks

08:34 EDT Oncternal Therapeutics expects cash runway well into 3Q23 - Estimated $82.2 million in cash and cash equivalents and no debt as of March 31, 2022
EMKR

Hot Stocks

08:32 EDT Emcore awarded Medallion 8100 L-EML transmitter contract extension in Europe - EMCORE announced that it has been awarded a contract extension for Medallion 8100 Series L-EMLTM CATV transmitters by a major broadband MSO in Europe. This contract extension brings the value of L-EML transmitters shipped for this multi-year project to over $2M. For this phase of the project, EMCORE expects to deliver transmitters beginning in the 2nd calendar quarter of 2022. "This contract extension is a testament to the continuing success of our L-EML transmitters and we are extremely pleased to support this MSO's network expansion project in Europe," said Grant Olecko, Senior Product Line Director for EMCORE. "We look forward to furthering our ongoing business relationship with future expansion projects with this customer," added Olecko.
ONCT

Hot Stocks

08:32 EDT Oncternal Therapeutics deprioritizes development of ONCT-216 - Oncternal Therapeutics announced that it has deprioritized further development of ONCT-216 to reallocate resources to zilovertamab, the Company's investigational anti-ROR1 monoclonal antibody, and its Phase 3 registrational trial that the Company expects to initiate in Q3 2022. As such, the Company has discontinued enrollment in the Phase 1/2 study evaluating ONCT-216 in patients with relapsed or refractory Ewing sarcoma. The Company expects to initiate its global registrational Phase 3 Study ZILO-301 in the third quarter of 2022, taking into account the impact of geopolitical factors and COVID-19 related supply chain issues. The study will randomize patients with relapsed or refractory MCL who have experienced stable disease or a partial response after receiving four months of oral ibrutinib therapy to receive either blinded zilovertamab or placebo, and all patients will continue receiving oral ibrutinib. The novel ZILO-301 design is supported by encouraging data from the Company's ongoing Phase 1/2 clinical trial of zilovertamab plus ibrutinib for patients with MCL or CLL, as well as by a successful End-of-Phase-2 meeting with the U.S. Food and Drug Administration. The Company's lead autologous ROR1-targeted CAR-T cell therapy program candidate, ONCT-808, is advancing according to plan towards an Investigational New Drug application submission expected in mid-2022, based on supportive manufacturing and preclinical data as well as a productive pre-IND meeting with the FDA earlier this year. Finally, the Company continues to advance ONCT-534, its lead candidate in its DAARI program, and expects to initiate IND-enabling GLP toxicology studies and GMP manufacturing later this quarter. ONCT-534 has shown anti-tumor activity in preclinical studies relevant to multiple clinically important forms of resistance for patients with prostate cancer, including those involving overexpression of the androgen receptor, or expression of mutants of the androgen receptor, or splice variants such as AR-V7.
AA

Hot Stocks

08:32 EDT Alcoa announces Brazil smelting facility energizes first 20 pots in restart - Alcoa announced that the Alumar smelter in Sao Luis, Brazil has now energized its first 20 smelting pots as part of the ongoing restart of aluminum capacity at the location.
ARTL

Hot Stocks

08:31 EDT Artelo Biosciences reports results for program on ART27.13 - Artelo Bioscience announced that ART27.13, a peripherally selective G-Protein Coupled Receptor, GPCR, full agonist currently in clinical development for cancer-related anorexia, shows promising pre-clinical results in protecting human muscle cells from cancer-induced muscle degeneration via a CB2 mediated mechanism of action. "These exciting early results demonstrate that ART27.13 is capable of reducing negative effects of chemicals produced by multiple cancers on human muscle fibers," added Saoirse O'Sullivan, Ph.D., Vice President Translational Science, Artelo Biosciences. "We look forward to seeing how these results may translate into the ongoing CAReS study currently in the final stages of enrolling cohort 3 at six clinical trial sites in the United Kingdom and Ireland."
EFLVF

Hot Stocks

08:31 EDT Electrovaya announces performance results for solid state hybrid battery tech - Electrovaya announced that it has achieved breakthrough performance results for its proprietary solid state hybrid lithium metal battery technology at its Electrovaya Labs division. The results support opportunities to significantly expand Electrovaya's product offerings and customer base over the long term. Coin cell samples reached 300 cycles with minimal degradation under standard room temperature conditions. These results highlight the ability of the technology to meet passenger automotive applications, which target 800 cycles with 80% capacity retention. Electrovaya has also achieved scaling to single, two-layer and four-layer pouch cells. These cells have been cycling at room temperature with no external pressure and are following the same trends as the coin cells. Electrovaya has extensive experience in manufacturing cells, and the aim is to scale up and manufacture these cells using available methods. The Company is scaling its process to enable development of larger pouch cells, and is accelerating efforts to reach commercial scale for its solid state hybrid technology.
NVCN

Hot Stocks

08:29 EDT Neovasc reports results of annual general, special meeting of shareholders - Neovasc is pleased to announce the results of the votes on matters considered at its Annual General and Special Meeting of Shareholders held on April 12, 2022 in Vancouver, B.C.. At the Meeting, the shareholders of the Company re-elected board members Steven Rubin, Paul Geyer, Doug Janzen, Norman Radow, Alexei Marko and Fred Colen to serve in office until the next annual meeting or until their successors are duly elected or appointed. At the Meeting, the Shareholders also approved the Company's common share consolidation and appointed Grant Thornton, Chartered Accountants as auditors of the Company.
BBBY

Hot Stocks

08:28 EDT Bed Bath & Beyond says supply chain pressures continued through March - Says inventory, pricing, and traffic will continue to be a focus near-term. Expects "significant changes" to marketing offering in 2022. Says "not pleased at all" with short term results. Comments taken from Q4 earnings conference call.
PEGY

Hot Stocks

08:27 EDT Pineapple Holdings changes name to Pineapple Energy - Pineapple Holdings, which was formerly Communications Systems and changed its name when completing the merger with Pineapple Energy announced that it changed its legal name to Pineapple Energy, effective immediately. All other information about the Company, such as its headquarters address, remain unchanged. Pineapple continues to trade on the Nasdaq Capital Market under the symbol "PEGY."
CVGW

Hot Stocks

08:24 EDT Calavo Growers reorganizes business into Grown, Prepared reporting segments - Calavo Growers announced plans to reorganize its business to execute Project Uno integration efforts and better serve customers while improving efficiencies and cost savings. The Company is now organized into two reporting segments, Grown and Prepared. The Grown segment will consist of fresh avocados, tomatoes and papaya. The Prepared segment will comprise all other products including fresh cut fruits and vegetables, ready-to-eat sandwiches, wraps, salads and snacks, guacamole, and salsa sold at retail and food service as well as avocado pulp sold to food service. The two segments each will be led by a Senior Vice President/General Manager responsible for sales, earnings, strategy, international growth, customer fulfillment, grower/supplier relations and new product development. In addition to the Grown SVP/General Manager, Rob Wedin, and the interim Prepared SVP/General Manager, Ron Araiza, reporting to Kocher will be leaders with responsibilities for compliance and policy making who have companywide reach and influence. Chief Financial Officer Mariela Matute; Chief Human Resources Officer Graciela Montgomery; Vice President Shared Supply Chain to be named; Vice President Communications, Marketing & ESG Thomas Federl; Vice President Calavo de Mexico Dionisio Ortiz; Vice President Jalisco Operations Eloy Hintz; Matute and Montgomery, who joined Calavo in October, will remain in their positions. Federl joined Calavo on March 28, and Hintz joined April 4. The other leadership positions are in the process of being filled. The reorganization is part of Calavo's Project Uno, a profit improvement project, that includes pricing initiatives, SKU rationalization, unified procurement, consolidated freight and optimizing administrative functions across all business units. The company recently announced a brand refresh, which introduced the new Calavo brand identity and logo and combined all business units under One Calavo Brand. As a result of the reorganization, the position of Chief Operations Officer, among other roles in the organization, is being eliminated. Anticipated first year savings in Selling, General and Administrative expenses associated with reduced positions are expected to offset the costs associated with the reorganization and investment in talent to fill the new roles. Ongoing cost savings are expected to amount to over $2M per year.
XXII

Hot Stocks

08:20 EDT 22nd Century launches national pilot of VLN cigarettes - 22nd Century developed VLN cigarettes containing 95% less nicotine than conventional cigarettes. The proprietary tobacco was the subject of 10 years of research and more than 50 government-funded, independent clinical trials. The research found: A 50% reduction of cigarettes per day after 20 weeks; More smoke-free days and quit attempts; and a reduction in cravings and withdrawal symptoms. As a result of these and other scientific evidence, VLN received the FDA's first and only modified risk tobacco product authorization granted for a combustible tobacco cigarette. Michael Zercher, president & chief operating officer of 22nd Century Group, said the company is focused on harm reduction and plant technology/science and not affiliated with the "big tobacco" companies. "More than 30 million Americans still smoke despite decades-long attempts to migrate smokers to other forms of nicotine delivery, taxing cigarettes, banning public smoking, and numerous education campaigns about the dangers of smoking," Zercher said. "22nd Century Group is the only company approaching the problem by removing the addictive element from combustible cigarettes, an approach the FDA projects could save 8 million lives by the end of the decade if the nicotine levels of all cigarettes were to be reduced to the levels achieved by VLN."
INVZ

Hot Stocks

08:19 EDT Innoviz Technologies partners with LiangDao Intelligence in China - Innoviz Technologies and LiDAR system supplier LiangDao Intelligence have signed a strategic partnership. The partnership will focus on deep collaboration and exploration of the customization of Innoviz's LiDAR solutions for OEMs in the Chinese region, the development of perception solutions, and validation and data collection to accelerate the introduction of series production solutions of high-resolution LiDAR for the Chinese market, based on InnovizTwo. LiangDao Intelligence's core technical team participated in the software series production development for the series production launch of Scala, the world's first LiDAR in Audi A8 models.
PRAX

Hot Stocks

08:18 EDT Praxis Precision Medicines to host Epilepsy Day on April 27 - Praxis Precision Medicines announced that the Company will host an Epilepsy Day from 8:30 a.m. to 11:30 a.m. ET on Wednesday, April 27, 2022 virtually and in New York City. During the event, Praxis' management team will review the Company's Epilepsy franchise, one of its three franchises in addition to Psychiatry and Movement Disorders. The Epilepsy Day will include a review of Praxis' epilepsy programs, which together make up the largest pipeline of epilepsy drug candidates in the industry, a discussion on the clinical and regulatory paths forward for these programs and a look into how genetics is elucidating new epilepsy targets for Praxis. Praxis' management team will be joined by the following key opinion leaders, who will highlight how recent advancements in the understanding of epilepsy biology and drug development have the potential to address the tremendous unmet need of people living with epilepsy: Jacqueline French, M.D., Professor of Neurology at NYU Grossman School of Medicine and President, Director & Founder of the Epilepsy Study Consortium; Daniel Friedman, M.D., MSc., Professor of Neurology at NYU Grossman School of Medicine and Co-Director, Video-EEG Laboratory at NYU Langone Health.
CHPT

Hot Stocks

08:18 EDT ChargePoint :1st of six Colorado electric vehicle fast-charging corridors done - ChargePoint announced the completion of the first of six electric vehicle fast-charging corridors in partnership with the Colorado Energy Office. Corridor A runs along Highway 40 from Boulder to Dinosaur near the Utah border. "Once all six corridors are complete, these stations will allow Coloradans to drive long distances across the state in an electric vehicle." The fast-charging highway corridors project is a public-private partnership involving a $10 million investment by the Colorado Energy Office, which includes funding from the Volkswagen Settlement and Congestion Mitigation and Air Quality (CMAQ) Improvement Program, as well as investments by ChargePoint, local jurisdictions, electric utilities, and Colorado businesses. ChargePoint was awarded six corridors throughout Colorado and each charging site offers either two or four ChargePoint(R) Express 250 fast chargers, allowing electric vehicles to charge at up to 125 kilowatts. Later this year, the stations will be upgraded to ChargePoint's higher-powered Express Plus.
FRSH

Hot Stocks

08:16 EDT Freshworks expands partnership with Device42 - Freshworks announced that it has deepened its strategic partnership with Device42, the market leader in asset management, to give Freshservice customers enterprise-grade asset management for enhanced business continuity. "We're now used to hybrid working environments with distributed IT teams, meaning the need for platforms that can deliver high service availability and reliability for employees is critical for digital transformation," says Prakash Ramumurthy, Chief Product Officer at Freshworks. "Freshservice combined with Device42 means an ITSM solution to enable IT services and operations teams to keep business-critical services always on." Using Device42 with Freshservice provides customers with real-time information about complex infrastructure and their relationships for high-precision service management and delivery.
PEAR

Hot Stocks

08:16 EDT Pear Therapeutics receives STeP designation for Pear-010 from FDA - Pear Therapeutics announced it has received Safer Technologies Program, or STeP, for Medical Devices designation from the FDA for Pear-010, a product candidate designed for the treatment of acute and chronic pain.
WSTG STX

Hot Stocks

08:15 EDT Climb Channel Solutions expands Seagate technology offerings - Climb Channel Solutions, a wholly-owned subsidiary of Wayside Technology Group, Inc. (WSTG), in collaboration with Seagate Technology Holdings (STX), is expanding its data protection and storage portfolio to provide Seagate's Lyve Mobile to the channel community. Lyve Mobile data transfer services are designed to address these top challenges, enabling secure, cost-effective means to rapidly move massive volumes of data across their enterprises. The latest collaboration between Climb and Seagate enables solution providers to accelerate their clients' time to data, bringing data transfer as-a-service to the channel community which will allow for new revenue opportunities for partners. Lyve Mobile is a key enabler for solving clients' data mobility challenges. By providing an agnostic tool for edge-to-core data workflows, Lyve Mobile enables hardware, software, and managed services opportunities behind its subscriptions. The collaboration between Climb and Seagate Lyve Mobile enables Solution Providers access to the Lyve Mobile Services through a trusted channel provider. Lyve Mobile fits nicely into Climb's portfolio and is expected to enable the channel community to continue to provide value and services unique to the enterprise market's needs.
TLS

Hot Stocks

08:14 EDT Telos partners with Carahsoft to expand public sector reach - Telos Corporation and Carahsoft Technology announced a partnership to expand the reach of Telos' security solutions to the Public Sector. Under the agreement, Carahsoft will serve as one of Telos' Public Sector solutions distributors, making the company's industry-leading virtual obfuscation network-as-a-service, cyber risk management and compliance automation tools available to Federal agencies, as well as the U.S. State, Local and Education markets. Telos is available through Carahsoft's reseller partner network, NASA Solutions for Enterprise-Wide Procurement V, Information Technology Enterprise Solutions - Software 2, National Cooperative Purchasing Alliance, and OMNIA Partners contracts. "Partnering with Carahsoft and their reseller partners allows Telos to empower and protect the Public Sector on a greater scale than ever before," said John Wood, CEO and chairman at Telos. "Federal agencies face a unique set of cybersecurity and compliance challenges, and they can't risk anything less than the best-of-the-best. Alongside Carahsoft, we're able to deliver exactly that, enabling these organizations to operate swiftly and securely while remaining compliant with ever-increasing industry regulations."
CYBN

Hot Stocks

08:13 EDT Cybin says CYB004 data demonstrates advantages over intravenous/inhaled DMT - Cybin announced positive preclinical data from a pharmacokinetic study evaluating its proprietary deuterated dimethyltryptamine molecule, CYB004, delivered via inhalation. Specifically, inhaled CYB004 demonstrated significant advantages over both IV DMT and inhaled DMT, including longer duration of action, and improved bioavailability. The study also demonstrated that inhaled CYB004 showed a similar onset of effect and dose profile to IV DMT. These data may support the potential for inhalation as a viable and well-controlled delivery system of therapeutic psychedelics. Cybin is currently developing CYB004 for the treatment of anxiety disorders. "In many studies, DMT has shown to be a promising and effective psychedelic for the treatment of mental health issues. However, known side effects like disorientation and anxiety and its mode of administration have historically hindered its use and availability. CYB004 via inhalation may solve these challenges and finally support a clinical path forward for this important therapeutic. As part of Cybin's overall mission to create safe and effective psychedelic-based therapeutics, inhaled CYB004 is being developed to potentially overcome the limitations of IV DMT and become an important treatment option for anxiety disorders for patients and physicians," said Doug Drysdale, Chief Executive Officer of Cybin.
XELA

Hot Stocks

08:13 EDT Exela Technologies announces contract worth $6.8M over three years - Exela Technologies announced a new customer and contract worth $6.8M over the next three years. Exela's Exchange for Bills and Payments, the largest revenue contributor in the ITPS accounting segment, continues to sign new logos. This integrated solution utilizes several of Exela's platforms including payment processing, collaborative work flow and digital mailroom delivering a bespoke solution used by our knowledge workers and by our newly acquired customer.
AQST

Hot Stocks

08:12 EDT Aquestive announces common stock purchase agreement up to $40M - Aquestive Therapeutics announced it has entered into a common stock purchase agreement for up to $40M with Lincoln Park Capital Fund. Under the terms of the purchase agreement and registration rights agreement, Aquestive will have the right in its sole discretion, but not the obligation, to sell to LPC up to $40M worth of shares of its common stock over the 36-month term of the agreement. Aquestive controls the timing and amount of any future sales of its shares of common stock and LPC is obligated to make purchases in accordance with the purchase agreement, subject to various limitations including those under the Nasdaq listing rules. Any common stock that is sold by Aquestive will occur at a purchase price that is based on the market prices prevailing at the time of each sale to LPC. There is no upper limit to the price per share that LPC may pay for future stock issuances under the purchase agreement, and LPC has agreed not to cause or engage in any direct or indirect short selling or hedging of Aquestive's common stock. No warrants are being issued in this transaction and the purchase agreement does not contain any rights of first refusal, participation rights, penalties or liquidated damages provisions in favor of any party. Aquestive may terminate the purchase agreement at any time, at its sole discretion, without any cost or penalty. Aquestive intends to use the net proceeds from the sale of its common stock under the purchase agreement for working capital and general corporate purposes to support its growth.
ESPR

Hot Stocks

08:12 EDT Esperion announces publication of Phase 3 data for bempedoic acid studies - Esperion announced the publication of data from a pooled analysis of patients enrolled in four Phase 3 bempedoic acid studies in the Journal of Clinical Lipidology. The paper, "Efficacy and safety of bempedoic acid in patients not receiving statins in phase 3 clinical trials," discussed a pooled analysis of data from patients enrolled in four Phase 3 bempedoic acid studies, 12 to 52 weeks in duration, who were not taking concomitant statins, and a Phase 3 bempedoic acid plus ezetimibe fixed-dose combination study. The objective of the studies was to assess the LDL-C lowering effect of bempedoic acid in patients not taking statins measured as percent change in LDL-C from baseline to week 12. The results of the analysis demonstrated that in patients with hypercholesterolemia who are unable to take statins, bempedoic acid monotherapy resulted in a 26.5% mean reduction in LDL-C versus placebo and a fixed-dose combination of bempedoic acid with ezetimibe resulted in a 39.2% mean reduction in LDL-C versus placebo, significantly greater than with bempedoic acid or ezetimibe alone. Therapy was generally well-tolerated by patients and any muscle-related disorders were comparable to those observed in the placebo group. Treatment-emergent adverse events leading to discontinuation of study drug occurred at a rate of 32.8 per 100 Patient Years and 24.3 per 100 PYs with bempedoic acid and placebo, respectively. The most common reason for discontinuation of study drug was myalgia with an incidence of 5.8 per 100 PY for patients treated with bempedoic acid and 10.6 per 100 PY for patients receiving placebo.
LCTX

Hot Stocks

08:11 EDT Lineage Cell announces Cancer Research UK completes enrollment for VAC2 trial - Lineage Cell Therapeutics announced that Cancer Research UK recently completed patient enrollment in the ongoing Phase 1 clinical trial of VAC2, an allogeneic cancer vaccine product candidate, for the treatment of non-small cell lung cancer, or NSCLC. Under the terms of an existing agreement, Cancer Research UK will complete the ongoing clinical trial and Lineage has now assumed responsibility for further clinical development of the VAC2 product candidate and any future development opportunities derived from the VAC platform.
ARKO OWL

Hot Stocks

08:10 EDT Arko Corp.'s GPM secures $1.15B real property commitment from Oak Street - GPM Investments, a wholly owned subsidiary of Arko Corp. (ARKO) extended its existing $1B agreement with Chicago-based real estate investment firm Oak Street Real Estate Capital, a division of Blue Owl Capital (OWL), by one-year, and the extended agreement provides aggregate availability in the amount of $1.15B during the second year of the term. ARKO and Oak Street extended by one year an agreement originally signed in May 2021, in which Oak Street agreed to purchase and lease real estate to GPM or its affiliates. In addition to the $253M of real estate purchased by Oak Street under the agreement, and the $130M of real estate expected to be purchased in the recently announced acquisition of the fleet fueling card lock and distribution assets of Quarles Petroleum, Oak Street has committed up to $1.15B for the second year of the term, subject to the terms and conditions of the agreement.
DATS

Hot Stocks

08:10 EDT DatChat announces opening of metaverse corporate headquarters - DatChat announced that it will be opening corporate headquarters and Venvuu demo centers in eight metaverses. DatChat also confirmed its 5,000 Venvuu Dynamic Content NFTs will go on sale Monday, May 9, 2022, after previously opening pre-sale registration on March 28. The Sandbox, Decentraland, Somnium Space, Cryptovoxels, Cornerstone Land, House of Kibaa, TCG World and SuperWorld are the listed metaverses, and of these, Cryptovoxels and Decentraland are currently open, and where DatChat's Venvuu technology demo centers can be visited. "We are excited to have solidified our presence in the Metaverse and believe our occupancy in each of the 'Big Four' enables us to become a pioneer in the monetization of metaverse parcels and NFTs," said DatChat CEO Darin Myman. "The technology demo centers in both Cryptovoxels and Decentraland are currently open for viewing our Venvuu platform technology."
RYAM

Hot Stocks

08:09 EDT Chatham issues letter to Rayonier on intention to withhold vote for directors - Chatham Asset Management, a private investment firm which manages funds that beneficially own approximately 6.3% of the outstanding common stock of Rayonier Advanced Materials and is a substantial bondholder of the company, issued an open letter to RYAM shareholders stating Chatham's intent to withhold its vote against two long-tenured members of the company's board of directors, Thomas Morgan and Lisa Palumbo, at the company's annual meeting of shareholders on May 16. The letter said, "Chatham Asset Management, LLC (together with its affiliates, "we" or "Chatham") is a substantial stockholder and bondholder of Rayonier Advanced Materials ("RYAM" or the "Company"), beneficially owning approximately 6.3% of the Company's outstanding common stock, 75% of the Company's 5.50% Senior Notes due June 1, 2024 (the "2024 Notes"), and 13% of the Company's 7.625% Senior Secured Notes due January 15, 2026 (the "2026 Notes"). Last month, we wrote an open letter to the independent members of RYAM's Board of Directors (the "Board") to express our serious concerns that management was not acting quickly enough to proactively address the Company's upcoming debt maturities. Rather than address our concerns or the Company's persistent poor stock price and financial performance, the Board unilaterally adopted an onerous stockholder rights plan, or "poison pill", essentially claiming it needed to protect stockholders from Chatham. We believe what shareholders really need is a refreshed Board, with new directors added that possess capital allocation, strategic and corporate governance expertise to better address the Company's long-term underperformance. Accordingly, we intend to withhold our vote against two long-tenured directors up for election this year, Thomas I. Morgan and Lisa M. Palumbo, who, if they fail to receive a majority of the votes cast, will be required to tender their resignations to the Board under the Company's Corporate Governance Principles. As further discussed below, we believe our withhold vote against Mr. Morgan and Ms. Palumbo is warranted, not only to show that this Board must be held accountable for years of shareholder value destruction, but also for their incredible entrenchment maneuver in adopting a poison pill without shareholder approval, despite having the ability to allow shareholders to vote on it at the Company's upcoming annual meeting of shareholders scheduled to be held on May 16, 2022... At the 2022 annual meeting of shareholders, three directors are up for election, two of whom have served on the Board for eight years: Thomas I. Morgan and Lisa M. Palumbo. Mr. Morgan serves on both the Compensation and Management Committee and Nominating Committee, while Ms. Palumbo serves as Chair of the Nominating Committee. We note further that six of the ten members of the Board have served together since 2015 and have presided over the Company's poor performance and questionable compensation packages. Clearly this Board needs a shakeup. Accordingly, for the reasons set forth above, we intend on withholding our vote against Thomas I. Morgan and Lisa M. Palumbo who are up for election at the 2022 annual meeting of shareholders so that this Board may finally be held accountable for years of shareholder value destruction."
LGVN

Hot Stocks

08:07 EDT Longeveron enters into CRADA with US Department of VA - Longeveron announced a Cooperative Research and Development Agreement, CRADA, with the United States Department of Veterans Affairs, VA, for the addition of a Miami VA clinical site to its ongoing Phase 2 Alzheimer's Disease, AD, trial. As recently reported in a peer reviewed article in Alzheimer's & Dementia, The Journal of the Alzheimer's Association, Longeveron's Phase 1 trial met its primary endpoint, demonstrating that its drug Lomecel-B was well tolerated in Alzheimer's patient. "After meeting the rigorous requirements of the VA, we are pleased to announce the addition of this particular Miami VA site to our ongoing trial," said Geoff Green, Chief Executive Officer at Longeveron. "This continued collaboration between Longeveron and the Miami VA reflects our ongoing efforts to develop a safe and effective cell-based therapy for this devastating disease in the vital setting of the VA health system." This marks the third separate CRADA agreement between the VA and Longeveron, including an Aging Frailty study and an ongoing study on Covid-19.
ONEXF

Hot Stocks

08:07 EDT Onex files normal course issuer bid - Onex Corporation announced it has filed with the Toronto Stock Exchange, and the Exchange has accepted, a Notice of Intention to make a Normal Course Issuer Bid permitting Onex to purchase for cancellation up to 10% of the public float in its Subordinate Voting Shares, or 7,167,381 shares. There are 86,060,456 Subordinate Voting Shares issued and outstanding and the public float as at April 8, 2022 was 71,673,811 shares. Onex may buy back shares from time to time during the next twelve months. Any purchases made under the Normal Course Issuer Bid will be effected through the facilities of TSX or alternative Canadian trading systems. The number of shares Onex is permitted to purchase under the bid may be reduced by private acquisitions pursuant to issuer bid exemption orders issued by a securities regulatory authority or otherwise exempt from the issuer bid requirements of applicable law and/or by purchases of shares by certain Onex executives or employees under purchase programs administered by Onex. Any purchases made by way of private agreements under an issuer bid exemption order issued by a securities regulatory authority will be at a discount to the prevailing market price as provided in the exemption order. Subject to any discretionary relief provided by the TSX, Onex may purchase up to 35,172 Subordinate Voting Shares during any trading day, being 25% of its average daily trading volume of 140,690 Subordinate Voting Shares for the most recently completed six calendar months. Onex may also purchase Subordinate Voting Shares from time to time under the Exchange's block purchase exemption, if available. Onex commenced a similar Normal Course Issuer Bid on April 18, 2021. The 2021 Bid, which permitted the purchase of up to 7,398,197 Subordinate Voting Shares, expires on April 17, 2022. A total of 3,682,783 shares were purchased under the 2021 Bid as at March 31, 2022 at an average purchase price of C$89.77 per share. Onex may also purchase Subordinate Voting Shares from time to time under the Exchange's block purchase exemption, if available. All such purchases under the 2021 Bid occurred through the facilities of the TSX or the block purchase exemption in a private transaction pursuant to an issuer bid exemption order issued by a securities regulatory authority. The Normal Course Issuer Bid is being renewed as it is Onex' view it is advantageous to the company and its shareholders to continue to repurchase Subordinate Voting Shares, from time to time, when they are trading at prices that result in an attractive risk-adjusted return for the continuing shareholders. The Normal Course Issuer Bid will commence on April 18, 2022 and will conclude on the earlier of the date on which purchases under the bid have been completed and April 17, 2023.
YOU

Hot Stocks

08:07 EDT Clear Secure launches expedited lanes at Ontario International Airport - Clear Secure launched its expedited lanes in both terminals at Ontario International Airport. ONT is Clear's sixth airport in California and 41st across the U.S.; CLEAR already serves all 10 of ONT's top 10 domestic destinations. Members use Clear's network of dedicated lanes to verify their identity with their eyes. Clear Plus is an opt-in membership that provides access to Clear's expedited security lanes.
QUOT NLSN

Hot Stocks

08:05 EDT Quotient Technology appoints Yuneeb Khan as CFO - Quotient Technology (QUOT) announced that Yuneeb Khan has been appointed CFO, principal accounting officer and treasurer. Khan is assisting with the transition at his current employer and is expected to join Quotient by July. Khan joins Quotient with over 25 years of relevant financial and industry experience. He previously held several executive-level positions at NielsenIQ (NLSN).
AMTI

Hot Stocks

08:05 EDT Applied Molecular Transport announces publication on AMT-101, AMT-126 - Applied Molecular Transport announced that new insights into the unique mechanism of action utilized by its oral biologic product candidates, including lead clinical programs AMT-101 and AMT-126, have been published in Tissue Barriers. Oral AMT-101 and AMT-126 are in development to treat diseases associated with immune dysregulation and intestinal epithelial barrier defects, such as ulcerative colitis, pouchitis and rheumatoid arthritis. The article, entitled "GRP75 as a Functional Element of Cholix Transcytosis," was published in the online edition of Tissue Barriers. "We are excited to share additional insights into our breakthrough platform technology, which enables active transport of oral biologics across the intestinal epithelial barrier," said Randall Mrsny, PhD, chief scientific officer and co-founder of AMT. "Specifically, the interactions between the cholix carrier and intracellular elements, including GRP75, play a critical role to efficiently traffic our oral biologics through a privileged and protected pathway into the intestinal lamina propria. The elucidation of this unique pathway enables application of our technology platform to a wide range of intra- and extracellular disease targets in mucosal immunology and other therapeutic areas."
HTGM MRNA

Hot Stocks

08:05 EDT HTG appoints Christina Carruthers as VP, target strategy, early development - HTG Molecular Diagnostics (HTGM) announced it has expanded its therapeutics team with the addition of Christina Carruthers, Ph.D., an experienced program leader in drug discovery and development. Dr. Carruthers joins HTG as Vice President of Target Strategy and Early Development, a key position for the company's Therapeutics Division. Carruthers was most recently with Moderna Therapeutics (MRNA), serving as Scientific Director and Research Area Leader for Rare Diseases, and coordinated the nonclinical plans, data review and scientific communications across several programs.
ATCO

Hot Stocks

08:05 EDT Atlas Corp.'s APR Energy extends gas generation contract in Brazil - APR Energy, a wholly-owned subsidiary of Atlas Corp., announced that it has extended its previously announced 12-month gas generation contract in Brazil to a 226 MW 44-month contract. The extension furthers APR Energy's growth strategy of providing longer-term energy capacity solutions.
CGRN

Hot Stocks

08:05 EDT Capstone gets follow-on order for multiple microturbine systems for wellheads - Capstone Green Energy announced that E-Finity Distributed Generation, Capstone's exclusive distributor for the Mid-Atlantic, Southeastern United States and the Caribbean, has secured an order for ten C65 microturbine systems, to be deployed at various oil and gas wellhead sites in the Marcellus Shale region. The systems will be added to an extensive fleet and commissioned as needed through 2023. The natural gas-fueled microturbine systems will provide prime power 24/7 for various sites across the Marcellus reserve. The microturbines will allow the customer to increase on-site power production, lower operational costs and increase reliability. In addition, the dual-mode 65 kilowatt systems will provide the electrical power required to operate various buildings, including lighting, meters, and other equipment. "Facing growing pressure to address climate change, global energy companies are pledging like never before to adapt to a lower-carbon future. For many, that involves investing in new technologies and infrastructures like microturbine systems to support new, greener ways of generating on-site electricity," said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. "These are the key areas in which Capstone Green Energy has built its business and where it continues to innovate and grow its Energy-as-a-Service business. We saved customers an estimated 1,115,100 tons of carbon and $698M in annual energy savings over the last three years, and we are just getting started." "Having our customers place repeat orders with us is a true testament to the reliability of the Capstone microturbine systems and their ability to operate in very harsh, unforgiving Appalachian conditions," said Jeff Beiter, President, E-Finity Distributed Generation. "E-Finity now boasts an oil and gas fleet that exceeds 500+ operating units providing our customers with power when and where they need it."
BCTX

Hot Stocks

08:04 EDT BriaCell receives FDA Fast Track approval for Bria-IMT - BriaCell Therapeutics announces that the U.S. Food and Drug Administration, FDA, has granted Fast Track status to BriaCell's lead candidate, Bria-IMT, for the treatment of metastatic breast cancer. The Fast Track designation will apply to patients with metastatic breast cancer. BriaCell is developing Bria-IMT in combination with immune checkpoint inhibitors. Initial data on patient survival in this study was first presented at the San Antonio Breast Cancer Symposium in December 2021 and was over 12 months compared with 7-10 months in a study in 3rd line breast cancer patients. "We are grateful for the opportunity to accelerate the development of our novel immunotherapy in advanced breast cancer. We continue to move forward with the clinical evaluation of Bria-IMT(TM) towards a potential registration study to bring hope to patients living with this deadly disease," said Dr. Del Priore, BriaCell's Chief Medical Officer.
NWL

Hot Stocks

08:04 EDT Newell Brands announces launch of the Newell Creative Kitchen - Newell Brands announced the launch of the Newell Creative Kitchen, the company's first multi-purpose, brick-and-mortar kitchen space located in Hoboken, New Jersey. The versatile space caters to virtual and in-person events and serves as a hub for content creation and kitchen inspiration, connecting people with the latest food and kitchen trends. Newell Creative Kitchen provides an avenue to showcase the latest innovations from Newell Brands' family of leading home and kitchen brands including Rubbermaid, Ball, Calphalon, FoodSaver, Sistema, CrockPot, and Mr. Coffee.
HAS

Hot Stocks

08:04 EDT Hasbro to acquire D&D Beyond for $146.3M in cash from Fandom - Hasbro announced that it is acquiring D&D Beyond, the digital toolset and game companion for the company's fantasy franchise, Dungeons & Dragons, from Fandom. Fandom has owned and operated D&D Beyond since 2019. This acquisition, for $146.3M in cash, will further aid Hasbro's capabilities in the digital tabletop category. Since 2017, D&D Beyond has helped to power Dungeons & Dragons tabletop play and deliver the brand's eighth consecutive year of growth in 2021. Over the last three years, the royalty paid to Hasbro by D&D Beyond has represented a contribution to the source of revenue for Dungeons & Dragons. The transaction is subject to customary closing conditions and the receipt of certain regulatory approvals, and is expected to close during the second or third quarter of 2022. The transaction will be funded out of cash on hand and is expected to be immaterial to revenue and earnings per share in 2022 and accretive to earnings per share in fiscal year 2023 and beyond. The transaction has been approved by both Hasbro's and Fandom's boards of directors.
APLD

Hot Stocks

08:04 EDT Applied Blockchain prices $40M initial public offering - Applied Blockchain announced that yesterday it priced an initial public offering of 8,000,000 shares of its common stock at $5.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on April 13, 2022, under the ticker symbol "APLD." In addition, Applied granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on April 18, 2022, subject to customary closing conditions. Applied expects to receive approximately $36.0 million of net proceeds from the offering, or $41.6 million if the underwriters exercise their option to purchase additional shares in full. Applied intends to use the net proceeds to lease or purchase additional property on which to build additional co-hosting facilities, to construct those facilities, to enter into additional energy service agreements for each additional site and for funding its working capital and general corporate purposes. B. Riley Securities and Needham & Company are acting as book-running managers, Craig-Hallum and D.A. Davidson & Co. are acting as lead managers, and Lake Street and Northland Capital Markets are acting as co-managers for the offering.
VSAT

Hot Stocks

08:03 EDT ViaSat's in-flight connectivity system granted Airbus A320 validation in China - Viasat has been awarded a Civil Aviation Administration of China Validation of Supplemental Type Certificate to install its Ka-band satellite system on Airbus A320 series of aircraft. This CAAC validation, Viasat's first in China, lays the foundation for Chinese airlines to install and deploy Viasat's In-Flight Connectivity system, including antenna, radome, modem, server and WAPs, on Airbus A320s. The CAAC VSTC was awarded based on an Airbus A320 STC previously certified by the European Union Aviation Safety Agency.
MLCO

Hot Stocks

08:02 EDT Melco Resorts & Entertainment enters partnership with Cogniac - Cogniac announced its partnership with Melco Resorts & Entertainment Limited. The partnership implements Cogniac's proprietary visual data processing platform to support operations of Melco's loyalty program, Melco Club, at the company's City of Dreams Manila luxury integrated resort. Cogniac's AI-based computer vision platform facilitates the operational capacities of the integrated resort's exclusive rewards program, Melco Club.
LOW

Hot Stocks

08:02 EDT Lowe's announces debt-free education programs for associates - Lowe's announced a new education program to make it easier for associates to grow their careers. The new benefit gives full-time and part-time associates access to 100 percent debt-free programs, unlocking opportunities for over 300,000 eligible associates to pursue their educational and career aspirations. In partnership with Guild, Lowe's is offering over 50 academic programs across 23 universities and learning providers in Guild's Learning Marketplace, including Historically Black Colleges and Universities and Hispanic-Serving Institutions. The free programs are designed to help associates excel in their jobs today and build toward the careers of tomorrow within Lowe's, including pathways into supply chain, logistics, data analytics, cybersecurity, technology and more.
LIFE

Hot Stocks

08:02 EDT aTyr Pharma announces FDA orphan drug designation for efzofitimod - aTyr Pharma announced that the U.S. Food and Drug Administration, FDA, has granted the company orphan drug designation for its lead therapeutic candidate, efzofitimod, for the treatment of systemic sclerosis. Clinical proof-of-concept was recently established for efzofitimod in a Phase 1b/2a study in patients with pulmonary sarcoidosis. "We are very pleased to receive orphan drug designation for efzofitimod for SSc, which marks the second such designation for our efzofitimod clinical program," said Sanjay S. Shukla, M.D., M.S., President and CEO of aTyr. "The data we have presented in animal models of SSc along with the positive findings reported from our recent Phase 1b/2a study in pulmonary sarcoidosis patients suggest that efzofitimod has the potential to be a new treatment option that resolves inflammation and subsequent fibrosis in those living with SSc-ILD. We look forward to exploring the potential expansion of our efzofitimod clinical program into other forms of ILD with high unmet need where this novel therapeutic may be able to improve patient outcomes."
BKYI

Hot Stocks

07:57 EDT Texas city selects BIO-key's PortalGuard IAM platform - BIO-key International announced that a Texas city has selected its PortalGuard IAM platform, with support for a broad array of multi-factor authentication options, to protect its enterprise applications and data. Leveraging the PortalGuard IAM platform, the municipality can strengthen its overall security posture and effectively respond to evolving cyber threats. This new customer relationship, BIO-key's first with a Texas municipality, was secured by Dallas-based IT consulting firm Mejeticks through BIO-key's master agent Intelisys.
BBBY

Hot Stocks

07:56 EDT Bed Bath & Beyond drops 8% to $16.50 after Q4 results miss estimates
FAST

Hot Stocks

07:55 EDT Fastenal reports March sales up 19.1% to $632.63M - The company reported March sales of $632.63M versus $531.37M in the same month of last year. Fastenal reported March daily sales of $27.51M, up 19.1% versus 2021. Reference Link
ARTH

Hot Stocks

07:52 EDT Arch Therapeutics presents two clinical case reports on AC5 system use - Arch Therapeutics announced that two clinical case reports on the use of AC5 Advanced Wound System were presented as Poster Presentations and three additional cases were presented during a live Open Air Studio session at the 2022 Symposium on Advanced Wound Care Spring. The Open Air Studio video, featuring Terry Treadwell, MD, FACS, and Brock Liden, DPM, will be shared as it becomes available from SAWC. The clinical case reports examined the use of AC5 Advanced Wound System in patients with challenging wounds: A New Treatment Modality to Expedite Healing in the Case of a Transmetatarsal Breakdown: Summary: This case report presents a patient with a history of several co-morbidities, a prior left below-the-knee amputation, and a recent right transmetatarsal amputation that was failing, resulting in extensive wet and dry gangrene. Due to the extensive infection, a right below-the- knee amputation was recommended. A second opinion was sought, and the surgeon's treatment strategy included weekly debridement and application of AC5. After three weekly applications of AC5, the wound bed was filled with healthy pink granulation tissue. This strategy played a crucial role in saving the limb and avoiding further amputation. Treatment of other patients using AC5 Advanced Wound System may provide better understanding and outcomes for diverse wounds prone to failure and breakdown. Optimizing the Wound Bed for Application of a Skin Graft with a Novel Adaptive Self-Assembling Peptide Barrier Scaffold and Peptide Technology: Summary: This series presents two cases using AC5 to optimize the wound bed prior to skin grafting. The first case was a traumatic wound on which a prior skin graft had failed, resulting in bone and tendon exposure. The second case was a post Mohs surgery resulting with a contour defect. Both cases required the wound bed to be filled with healthy tissue prior to closure with a skin graft. One application of AC5 was used to prepare and optimize the wound beds for skin graft, resulting in complete closure of the wounds. Using AC5 Advanced Wound System in wound bed preparation ahead of a graft with other patients may provide better understanding and outcomes for skin graft success.
BBBY

Hot Stocks

07:51 EDT Bed Bath & Beyond sees FY22 CapEx $400M - Sees FY22: Depreciation & amortization approximately $260M; Store openings approximately 20-25 (primarily BABY); Store remodels approximately 130-150 (primarily Bed Bath). Liquidity remains healthy, including $1B ABL revolver.
BBBY

Hot Stocks

07:48 EDT Bed Bath & Beyond: Share repurchases, debt reduction to be assessed in 2H22
BBBY

Hot Stocks

07:46 EDT Bed Bath & Beyond says Q1 SSS QTD trend negative low-20s - In Q1, expects: Cost inflation headwinds to persist, not fully offset by pricing; Slightly lower adjusted SG&A spend vs. LY, albeit deleverage due to sales decreases; Negative adjusted EBITDA; $40M of share repurchases, $1B program to be completed. Comments taken from investor presentation slides for Q4.
NTRA

Hot Stocks

07:40 EDT Natera's Prospera Heart test demonstrates efficacy in validation study - Natera's clinical validation study on its donor-derived cell-free DNA test for the assessment of acute rejection in heart transplant patients, Prospera Heart, has been published in the Journal of Heart and Lung Transplantation. This clinical validation, named the DEDUCE study, evaluated 703 prospective and 108 retrospective samples from 223 patients. The Prospera Heart test exhibited "excellent performance" with an overall 0.86 AUC for identifying acute rejection. The study also included an analysis on the use of dd-cfDNA concentration alone to identify rejection. dd-cfDNA concentration demonstrated an AUC of 0.88 overall, and 0.89 in the prospective cohort. The Prospera Heart test was launched in late 2021 and will continue to be evaluated in a variety of additional studies.
RACE

Hot Stocks

07:40 EDT Ferrari announces results from Annual General Meeting - Ferrari announced that all resolutions proposed to Shareholders at the Ferrari's Annual General Meeting of Shareholders held virtually were passed. The Shareholders approved the 2021 Annual Accounts, expressed a positive advice with respect to the Remuneration Report 2021 and approved a dividend in cash of Euro 1.362 per outstanding common share, totalling approximately Euro 250 million. The outstanding common shares will be quoted ex-dividend from April 19, 2022. The record date for the dividend will be April 20, 2022 on both EXM and NYSE and the dividend on the outstanding common shares will be paid on May 6, 2022. Shareholders holding the Company's common shares on the record date that are traded on the NYSE will receive the dividend in U.S. dollars at the official European Central Bank EUR/USD exchange rate of April 14, 2022. The AGM appointed all Ferrari directors standing for election. John Elkann and Benedetto Vigna were elected as executive directors of Ferrari. Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco and Adam Keswick were elected as non-executive directors of Ferrari. In addition, the Shareholders appointed Ernst & Young Accountants LLP as Ferrari's independent auditor for 2022 financial year until the 2023 Annual General Meeting of Shareholders and the AGM appointed Deloitte Accountants B.V. as Company's independent auditor for 2023 financial year from the 2023 Annual General Meeting of Shareholders until the 2024 Annual General Meeting of Shareholders. The AGM renewed the existing delegations to the Board of Directors of the Company of the authority to issue common and special voting shares, to grant rights to subscribe for common and special voting shares, and to limit or exclude pre-emptive rights for common shares, subject to certain maximum amount thresholds. Furthermore, the AGM renewed, for a period of 18 months from the date of the AGM, the existing authorization of the Board of Directors to repurchase up to a maximum of 10% of the Company's common shares issued as of the date of the AGM. Pursuant to the authorization, which does not entail any obligation for the Company but is designed to provide additional flexibility, the Board of Directors may repurchase common shares in compliance with applicable regulations, subject to certain maximum and minimum price thresholds. The Shareholders further approved the awards of common shares in the capital of the Company to the executive directors.
THTX

Hot Stocks

07:37 EDT Theratechnologies sees funds sufficient to fund operations for next 12 months - The company said, "We ended the first quarter of fiscal 2022 with $34,283,000 in cash, bonds and money market funds. During the first quarter of fiscal 2021, the Company completed a public offering for the sale and issuance of 16,727,900 units of the Company for a gross cash consideration of $46,002,000 including the full exercise of the over-allotment option. Share issue costs amounted to $3,385,000 resulting in net proceeds of $42,617,000. Our current cash, bond and money market funds will be sufficient to fund the Company's operations for the next twelve months. We are currently exploring alternatives to redeem the senior convertible notes issued in June 2018, which become due in June 2023. For the three-month period ended February 28, 2022, operating activities used cash of $4,174,000 compared to $1,896,000 in the comparable period of fiscal 2021, primarily due to the increased loss in 2022. In the first quarter of fiscal 2022, changes in operating assets and liabilities had a positive impact on cash flow of $69,000. These changes included a negative impact from higher accounts receivable, a decrease in accounts payables and accrued liabilities, and were offset by positive impacts from lower inventories and lower prepaid expenses and deposits."
BBBY

Hot Stocks

07:36 EDT Bed Bath & Beyond reports Q4 adjusted gross margin 28.8% - Compared to 32.8% a year ago. Adjusted Gross Margin reflects decline of 400bps vs. Q4 2020 primarily due to product cost increases of 40 basis points net of product, pricing and promotional optimization, as well as 360 basis points primarily related to transient port fees and freight and shipping inflation. Freight and shipping cost increases included unexpected, higher than anticipated inflation of 170 basis points, first-time port-related fees of 100 basis points, and warehouse-related inventory adjustments of 90 basis points as year finalized. Excluding the aforementioned supply chain costs escalations, Q4 Adjusted Gross Margin of 32.4%.
BBBY

Hot Stocks

07:34 EDT Bed Bath & Beyond CEO says 'lack of available inventory' an impediment to sales - Mark Tritton, Bed Bath & Beyond's President and CEO said, "We are disappointed that our sales and gross margin performance does not reflect our team's hard work and execution against both strategic and transformation efforts in 2021. Macroeconomic factors, such as the disruption of the global supply chain, the Omicron variant, as well as the geopolitical turbulence weighing on consumer confidence, have uncovered more vulnerabilities than we could have foreseen at this stage of our transformation, as we completely rebuild the foundation of our business. The lack of available inventory to sell proved to be a continuing impediment to sales through the remainder of the fourth quarter and into the early part of fiscal 2022. Specifically, despite our overall inventory levels, product in transit, not available for sale or held at port remained abnormally high, particularly in key items. We estimate an impact of approximately $175 million to our fourth quarter sales, or a high-single digit deficit, as a result of a lack of in-stock availability in our Bed Bath banner. Positive product-related margin expansion associated with our Owned Brands, pricing and promo optimization were offset by escalating supply chain costs. Encouragingly, buybuy BABY delivered its sales goal for the quarter which led to $1.4 billion in sales for the full year, growing double digit, at an estimated mid-single digit adjusted EBITDA margin. Our buybuy BABY and Harmon banners demonstrate our ability to achieve stabilization and growth when there is strength in the face of macroeconomic factors given its domestic supply chain, as well as different key product demand such as apparel and gear versus our Bed Bath banner. Fiscal 2021 was a year of rebuilding in the face of substantial industry and operational headwinds during the first year of our transformation. While our operational execution may have thwarted our near-term efforts, our focus also remains on our long-term strategy and transformation. The extraordinary circumstances we face today, burdened by the lingering effects of our previous infrastructure, have continued to impact our near-term visibility and performance. As we progress through 2022, the investments we are making in our supply chain and technological foundation are designed to greatly improve our proficiencies, enabling us to overcome the types of challenges we are facing currently. The core tenets of our strategy are sound, and we will improve our operational deficits by learning from our experiences and leveraging the strength of our dedicated teams to renew our business for long-term growth."
ISPC

Hot Stocks

07:33 EDT iSpecimen adds Acutis Diagnostics to marketplace platform - iSpecimen announced that it added Acutis Diagnostics, a clinical diagnostics laboratory, to its platform as a laboratory services provider. Through the Acutis relationship, iSpecimen will now offer sequencing services to its research community that can help researchers better understand genetic mutations and their impact on diseases. "Adding Acutis to the iSpecimen Marketplace ecosystem enables the platform to become even more of a full-service, one-stop-shop for researchers looking to find highly sought-after samples and genetic information for their medical research," added Dr. Christopher Ianelli, M.D., Ph.D., iSpecimen Founder and CEO. "iSpecimen continues to prioritize expanding its proprietary network and platform to ensure that researchers all over the world can easily obtain invaluable biospecimen samples necessary to propel their work forward."
TPB

Hot Stocks

07:33 EDT Turning Point Brands appoints Summer Frein as Chief Marketing Officer - Turning Point Brands announced that it has appointed Summer Frein as the Company's Chief Marketing Officer, effective immediately. In this role, Ms. Frein is responsible for driving Turning Point Brands' marketing strategy across the Company's extensive brand portfolio. "As Turning Point Brands continues to transform into a more diversified consumer packaged goods company, Summer's vast experience leading the planning, strategic development and execution for notable consumer brands will be extremely valuable," said Yavor Efremov, President and CEO, Turning Point Brands. "I look forward to working closely with Summer as she helps our team to improve our differentiated, world-class brands' profile and consumer acceptance."
BBBY

Hot Stocks

07:32 EDT Bed Bath & Beyond sees sequential SSS improvement in 2H22 - At this time, the company is providing the following outlook parameters for fiscal 2022: Sequential Comparable Sales improvement to occur in the second half of fiscal 2022 versus the first half of fiscal 2022 based on anticipated improvement in supply chain conditions; Adjusted Gross Margin to expand modestly versus last year based on improvement in the second half of fiscal 2022; Adjusted SG&A expense approximately flat to last year; $100M optimization plan aims to offset inflation as previously announced; Higher Adjusted EBITDA versus last year for the second half of fiscal 2022 based on the aforementioned Comparable Sales and Adjusted Gross Margin commentary.
EBIX YTRA

Hot Stocks

07:32 EDT Ebix says Supreme Court of Delaware affirms motion to dismiss - Ebix (EBIX) announced that the Supreme Court of Delaware has upheld the ruling of the Delaware Chancery Court that had ruled against India-based travel agency platform Yatra (YTRA). The original ruling, a motion to dismiss, was issued on August 30, 2021 by the Vice Chancellor Joseph R. Slights of the Delaware Chancery Court, on the suit filed by Yatra Online, Inc. in June 2020. Yatra had appealed against the 2021 ruling and urged the Supreme Court of the state of Delaware for a reversal of the ruling.
IREN

Hot Stocks

07:32 EDT Iris Energy announces commissioning of first 0.3 EH/s at Mackenzie, BC - Iris Energy announced it has increased its operating hashrate by 33% to exceed 1.1 EH/s of total installed capacity with the commissioning of the first 0.3 EH/s at its second site, in Mackenzie, BC Canada. The commencement of operations at Mackenzie marks the delivery of the Company's second operating site in BC, Canada ahead of schedule, as Iris Energy continues its expansion towards 15 EH/s of total installed capacity across multiple sites. Construction activities at Mackenzie continue to progress to schedule with phase two, the balance of the initial 1.5 EH/s, expected to come online in Q3 2022, and phase three for the additional 0.9 EH/s for installed capacity of 2.4 EH/s expected in 2023.
PSN

Hot Stocks

07:26 EDT Parsons completes critical design review for directed energy system - Polaris Alpha Advanced Systems completed critical design review at the end of February 2022 for a high-power microwave directed energy system for maritime interdiction. The system is now ready for integration of the full prototype and will complete an operational utility assessment aboard an operational interdiction platform before full operations. The company designed, and is developing, a mission-built system that uses high-power microwaves to acquire, target, track, and disable identified adversary systems. Work is being conducted on a five-year, $11.6M single-award other transaction authority contract by the Naval Surface Technology & Innovation Consortium for an integrated, sensor cued high-power microwave directed energy system that safely disables non-compliant small boats during maritime missions with the Departments of Defense and Homeland Security.
SPNS

Hot Stocks

07:23 EDT Sapiens selected by Hollard Insure for large-scale digitalization program - Sapiens has expanded its relationship with the Hollard Insurance Company to empower Hollard's strategic digital drive with Sapiens cloud-native, low-code DigitalSuite. The large-scale modernization is aimed at digitizing products and journeys through a low-code, digital front-end with strong integration capabilities.
DECPF

Hot Stocks

07:22 EDT Diversified Energy announces acquisition of OpGal EyeCGas 2.0 - Diversified Energy Company announced its recent acquisition of the OpGal EyeCGas 2.0, with companion EyeCSite Tablet software, and the Semtech Hi-Flow 2 sampler, both emissions measurement devices that position Diversified to deploy this advanced technology in natural gas upstream operations. While previous generation equipment was capable only of visually detecting fugitive methane emissions, these devices take the next logical step and estimate the amount of the emission. Specifically, the OpGal EyeCGas 2.0 uses an Optical Gas Imaging Camera and Artificial Intelligence software to quantify methane leaks, especially emissions originating from difficult to access leak sources. The Semtech Hi-Flow 2 sampler utilizes Tunable Laser Absorption Spectroscopy for the accurate measurement of fugitive methane emissions, and is uniquely suited to support additional validation of reported leak quantities. With respect to these technologies, Diversified has partnered with Heath Consultants to field test the equipment during development phase, and is pleased to lead the industry as the first to purchase and deploy such equipment across its upstream and midstream operations in Appalachia and the Central Region. This equipment complements the Company's existing emission detection devices and well management initiatives, and is funded by Diversified's $15M commitment announced during its November 2021 Capital Markets Day.
NMTR

Hot Stocks

07:21 EDT 9 Meters Biopharma announces allowance of patent for NM-136 - 9 Meters Biopharma announced that the Company has received notice from the United States Patent and Trademark Office that U.S. Patent Application No. 16/781,304 is allowed. The patent provides protection for the use of NM-136 for the treatment of hyperphagia, serious metabolic conditions such as obesity, and for reducing fatty tissue buildup in body organs. NM-136 is a long-acting, highly specific humanized anti-GIP monoclonal antibody. NM-136 has been shown to prevent glucose-dependent insulinotropic polypeptide from binding to its receptor, which in preclinical obesity models has been shown to significantly decrease weight and abdominal fat by reducing nutrient absorption from the intestine as well as nutrient storage without affecting appetite.
SONN

Hot Stocks

07:19 EDT Sonnet BioTherapeutics doses first patient in Phase 1 trial of SON-1010 - Sonnet BioTherapeutics announced that dosing has been initiated in a Phase 1 clinical trial of SON-1010 in adult patients with advanced solid tumors. SON-1010 is a proprietary version of human Interleukin 12, configured using Sonnet's Fully Human Albumin Binding platform. The FHAB technology targets tumor and lymphatic tissue, providing a mechanism for dose sparing and an opportunity to improve the safety and efficacy profile of not only IL-12, but a variety of potent immunomodulators. Interleukin 12 can orchestrate a robust immune response to many cancers and pathogens. Given the types of proteins induced, non-small cell lung cancer, melanoma, head and neck cancer, sarcoma and several gynecological cancers are particularly relevant for this approach.
NXTTF

Hot Stocks

07:17 EDT Lifeist's Mikra adds Ashley Wagner, Cullen Jones as brand ambassadors - Lifeist Wellness announced its wholly owned U.S. subsidiary, Mikra Cellular Sciences has engaged Olympic medalists Ashley Wagner and Cullen Jones as Brand Ambassadors. Ashley Wagner is a bronze medalist in figure skating at the 2014 Sochi Winter Olympics and a silver medalist at the 2016 World Championships. Cullen Jones is a gold medalist in swimming at the 2008 Olympic Games in the 4x100m freestyle, and won two silvers and a gold in the 4x100m medley relay at the 2012 Olympic Games.
AVCNF

Hot Stocks

07:16 EDT Avicanna enters exclusive license, supply agreement with pharmaceutical company - Avicanna announces that it has entered into an exclusive license and supply agreement with an established South American pharmaceutical company to commercialize up to four of Avicanna's proprietary cannabinoid-based pharmaceutical preparations. Through the license and supply agreement, Avicanna will license the Company's intellectual property and supply finished pharmaceutical products starting initially with its proprietary 10% cannabidiol oral preparation. In connection with the partnership Avicanna can earn up to $1.3M CAD in initial licensing fees through achieving near-term milestones.
PRQR

Hot Stocks

07:16 EDT ProQR Therapeutics announces additional sepofarsen Illuminate trial analyses - Following the top-line announcement in February 2022 that Illuminate, ProQR's pivotal Phase 2/3 trial of sepofarsen in CEP290-mediated LCA10, did not meet the primary endpoint of Best Corrected Visual Acuity at Month 12 compared to a sham procedure control group, comprehensive post-hoc analyses of the trial were undertaken which revealed: No technical errors in the trial conduct, data handling, or the drug product used. The overall safety profile of sepofarsen was consistent with earlier trials. When the effect in the treatment eye was compared to the untreated contralateral eye in the same patient, at Month 12, a benefit in vision was observed as a mean change from baseline in BCVA of -0.12 logMAR in the sepofarsen treated groups. This effect was not observed in the sham treated group with the same comparison. Other endpoints showed similar effect when comparing treatment to contralateral eye, including Full Field Stimulus Testing. These findings were supported by the patient reported outcomes analyses, based on the Patient Global Impressions-Change that demonstrated that 61% of patients in the treatment groups reported an improvement in vision, as well as by Visual Function Questionnaire 25. Overall, the post-hoc analyses showed that the efficacy signal seen with sepofarsen when comparing active treatment and sham eyes to their corresponding contralateral eyes across BCVA, FST, and other endpoints, including PROs, was more consistent with the results seen in earlier findings, where the contralateral eye was used as the control. Based on these results, ProQR will focus on the following core activities related to sepofarsen: In Q3, the Company plans to meet with the EMA and FDA to discuss these data from the Illuminate trial. Following this discussion, ProQR will share an update in Q3 or early Q4, depending on timing of regulatory meetings. Based on the recommendation of the Data Safety and Monitoring Committee, the Company currently plans to continue Illuminate, which is a 2 year study, the Brighten pediatric study, and Insight, until further regulatory guidance, after which next steps will be determined. No further investments are planned at this time for new trials of sepofarsen or commercial preparations. Data from the Illuminate trial will be presented at the upcoming Seventh Annual Retinal Cell and Gene Therapy Innovation Summit, April 29, 2022, and the Association for Research in Vision and Ophthalmology Annual Meeting, May 1-4, 2022.
SONN

Hot Stocks

07:15 EDT Sonnet BioTherapeutics initiates dosing of SON-1010 trial - Sonnet BioTherapeutics announced that dosing has been initiated in a Phase 1 clinical trial of SON-1010 in adult patients with advanced solid tumors.
OSIIF

Hot Stocks

07:14 EDT Osino Resources announces updated mineral resource for Twin Hills project - Osino Resources announces an updated mineral resource for its Twin Hills Gold Project in the Erongo Region of Namibia. The Company's previous resource announced in July of 2021, has grown substantially along with significant conversion of Inferred resources to Indicated resources. The increase in resources is due to resource expansion in the Twin Hills Central, Bulge and Clouds areas, and delineation of additional resources from new areas. The mineral resource was estimated from approximately 167,000m of diamond core, DD, and reverse circulation, RC, drilling, of which approximately 153,000m has been sampled with available assay data. Heye Daun, Osino's President & CEO commented: "We are very pleased with the results of the intensive 2021 drill program which resulted in this significant increase in Osino's mineral resources at Twin Hills with total indicated mineral resources having increased more than 4-fold. Likewise, the higher-grade portion of the Indicated mineral resource above a cut-off grade of 0.9 g/t has also significantly increased by about 4.5x to 32.9 Mt at 1.27 g/t. Especially the Clouds and more recent Twin Hills West discoveries have contributed a significant amount to the resource and have extended the mineralized strike of the Twin Hills gold system to more than 3.5km. Additional new mineralized lobes at Twin Hills North and Clouds West have also contributed further resources and will be followed up."
PRQR

Hot Stocks

07:13 EDT ProQR Therapeutics expects cash to fund operations into 2025 - The Company ended 2021 with EUR 187.5 million of cash and cash equivalents on its balance sheet and expects these resources, together with anticipated expense reductions resulting from a corporate restructuring and the strategic update announced today, will fund currently planned operations into 2025, and through several milestones, including the potential readout of the modified Phase 2/3 Sirius trial of ultevursen.
PRQR

Hot Stocks

07:12 EDT ProQR Therapeutics to reduce workforce by 30%, CSO Naveed Shams to depart - The company will reduce the workforce by approximately 30%, which will include the departure of our Chief Scientific Officer Naveed Shams, MD, PhD, expected to be effective in Q2.
OBNNF

Hot Stocks

07:12 EDT Osisko Mining provides new results from Windfall 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 presented below include 31 intercepts in 12 underground drill holes and 5 wedges. The infill intercepts are located inside defined January 2022 mineral resource estimate blocks. The expansion intercepts are located outside the January 2022 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe. Osisko Chief Executive Officer John Burzynski commented: "We remain very pleased with the results of our infill and expansion drill program at Lynx. High grade zones continue to be intersected where expected and the expansion drilling continues to define additional zones nearby."
WE

Hot Stocks

07:12 EDT WeWork and Yardi team on next generation of workplace software - WeWork announced WeWork Workplace product. By partnering, the two organizations will provide companies of all sizes with a universal platform for powering and optimizing flexible workplace strategies. The rapid adoption of the flexible hybrid work model has forced businesses to rethink and optimize their office and space utilization strategies with an emphasis on creating a more seamless and purposeful employee experience. The partnership will merge Yardi's industry-leading software and tech capabilities with current WeWork Workplace booking capabilities to create a software solution tailored for corporate enterprise users. This enhanced WeWork Workplace product, set to launch in July 2022, will help facilitate this transition and enable companies to offer their employees the ability to seamlessly book a desk, private office or conference room in any company-leased or owned office space, any WeWork location, or any affiliate of WeWork. For almost 40 years, Yardi has provided integrated property management software and solutions to landlords, investors, owners and operators. As a result, this partnership will marry Yardi's industry-leading software and tech capabilities with WeWork's global member network of more than 26,000 small and medium-sized businesses and 2,300 enterprise clients - including 63% of Fortune 100 companies. "As we began to launch WeWork Workplace, we saw an incredible opportunity to accelerate the growth and capabilities of our product with the expertise of Yardi's platform. Together, WeWork and Yardi have the ability to build a scalable end-to-end solution for powering the future of work. This partnership underscores the importance of delivering holistic solutions that can cater to every type of real estate strategy," said Scott Morey, President of WeWork Technology and Innovation.
PRQR

Hot Stocks

07:11 EDT ProQR Therapeutics suspends development of QR-1123, QR-504a - The Company will implement the following portfolio prioritization and restructuring initiatives with the aim to reduce expenses: Focus the ultevursen program for USH2A-mediated Usher syndrome and retinitis pigmentosa on a single Phase 2/3 Sirius trial with the potential addition of an interim/futility analysis in 2023. Updates on planned adjustments to the Sirius trial in light of the findings related to sham control will be provided after alignment with regulatory authorities; Suspend development of QR-1123 for autosomal dominant retinitis pigmentosa and QR-504a for Fuchs endothelial corneal dystrophy; Suspend all other IRD-related research activities; and Reduce the workforce by approximately 30%, which will include the departure of our Chief Scientific Officer Naveed Shams, MD, PhD, expected to be effective in Q2. These efforts are expected to extend ProQR's cash runway into 2025.
ZOM

Hot Stocks

07:10 EDT Zomedica announces PulseVet system named official sponsor of AQHA - Zomedica announced that the PulseVet system has been named the Official Shock Wave Therapy of the American Quarter Horse Association, or AQHA. Zomedica's PulseVet system is a in electro-hydraulic shock wave technology for the treatment of a wide variety of conditions in veterinary patients. The high-energy sound waves stimulate cells and release healing growth factors in the body that reduce inflammation, increase blood flow and accelerate bone and soft tissue development. PulseVet's technology is used in conditions including tendon and ligament healing, bone healing, osteoarthritis, chronic pain and wound healing.
ROIV JNJ

Hot Stocks

07:10 EDT VantAI announces protein degrader discovery collaboration with Janssen - VantAI, a subsidiary of Roivant (ROIV), announced it has entered into a multi-year collaboration agreement with Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson (JNJ). The agreement was facilitated by Johnson & Johnson Innovation. Under the terms of the agreement, VantAI and Janssen will leverage VantAI's geometric deep learning platform to potentially generate novel molecular-glue and hetero-bifunctional, protein degrader drug candidates for important disease targets and collaborate on the discovery and implementation of novel E3 ubiquitin ligase platforms. Under the terms of the agreement, the collaboration will initially focus on two degrader programs as well as a novel E3 ligase platform development program. In addition, Janssen will receive an exclusive commercial license to all programs under the collaboration and will be responsible for global development and commercialization.
NMTR

Hot Stocks

07:09 EDT USPTO allows 9 Meters Biopharma patent NM-136 for serious metabolic conditions - 9 Meters Biopharma announced that the Company has received notice from the United States Patent and Trademark Office USPTO that U.S. Patent Application No. 16/781,304 is allowed. The patent provides protection for the use of NM-136 for the treatment of hyperphagia, serious metabolic conditions such as obesity, and for reducing fatty tissue buildup in body organs. NM-136 is a long-acting, highly specific humanized anti-GIP monoclonal antibody. NM-136 has been shown to prevent glucose-dependent insulinotropic polypeptidefrom binding to its receptor, which in preclinical obesity models has been shown to significantly decrease weight and abdominal fat by reducing nutrient absorption from the intestine as well as nutrient storage without affecting appetite."The allowance of this patent by the USPTO supports our efforts to further strengthen our pipeline, which includes our advanced co-lead products vurolenatide for short bowel syndrome and larazotide for celiac disease, and aligns with our strategy to develop innovative products that make a meaningful impact on the lives of patients suffering from rare or debilitating diseases," said John Temperato, President and Chief Executive Officer of 9 Meters. "We believe NM-136 has considerable potential in the treatment of a number of metabolic disorders, and we look forward to progressing toward an IND filing."
PRQR

Hot Stocks

07:09 EDT ProQR Therapeutics to prioritize genetic eye diseases, RNA editing technology - ProQR Therapeutics provided an update on its sepofarsen program, following a comprehensive post-hoc analysis of the data from the Phase 2/3 Illuminate trial in people with CEP290-mediated Leber congenital amaurosis 10, or LCA10, a severe inherited retinal disease. The Company also announced the completion of an in-depth strategic review designed to extend the Company's runway and deliver on its commitment to advance RNA therapies for diseases with high unmet need. Based on the outcomes of this strategic review, the Company will prioritize the following strategic objectives: Genetic eye diseases - Explore development path for selected ophthalmology programs based on comparing active treatment and sham eyes to their corresponding contralateral eyes, subject to regulatory feedback from the European Medicines Agency and US Food and Drug Administration; RNA editing technology - Accelerate development of the Axiomer RNA base-editing technology platform, including an initial focus on liver, central nervous system , and the eye. The Company ended 2021 with EUR 187.5 million of cash and cash equivalents on its balance sheet and expects these resources, together with anticipated expense reductions resulting from a corporate restructuring and the strategic update announced today, will fund currently planned operations into 2025, and through several milestones, including the potential readout of the modified Phase 2/3 Sirius trial of ultevursen.
GOOG GOOGL

Hot Stocks

07:08 EDT Google to invest $9.5B in the U.S. in 2022 - Google and Alphabet CEO Sundar Pichai announced plans to invest approximately $9.5B in Google's U.S. offices and data centers in 2022. "Along with these investments, we expect to create at least 12,000 new full-time Google jobs by the end of the year, and thousands more among our local suppliers, partners and communities," Pichai said. The executive stated: "It might seem counterintuitive to step up our investment in physical offices even as we embrace more flexibility in how we work. Yet we believe it's more important than ever to invest in our campuses and that doing so will make for better products, a greater quality of life for our employees, and stronger communities." Reference Link
AMYT

Hot Stocks

07:08 EDT Amryt Pharma announces long-term safety, efficacy data for Mycapssa - Amryt presents long-term safety and efficacy data from the 2nd year open-label extension, OLE, of its global Phase 3 OPTIMAL clinical trial that compared Mycapssa to placebo for maintenance of biochemical response in patients with acromegaly. The OPTIMAL trial supported the approval of Mycapssa in the United States for long-term maintenance treatment in acromegaly patients who have responded to and tolerated treatment with injectable octreotide or lanreotide. OPTIMAL Phase 3 Trial - Open-Label Long-Term Safety & Efficacy Data: 40 patients that completed the 9 months double-blind placebo controlled, DPC, core treatment phase elected to continue treatment with Mycapssa in the OPTIMAL open label extension study. Results from the first year were published previously and demonstrated that all patients who responded to Mycapssa during the DPC period and enrolled in the OLE completed the 48-week period and 93% maintained their IGF-1 response within the normal limit at the end of this period. Key 2nd year study outcomes included: 31 out of 32 patients of those enrolled to the 2nd year of the OLE completed 96 weeks in the OLE period; 100% of evaluable patients, who entered the 2nd year OLE phase of the study as responders, maintained their long-term biochemical response at the end of the study. The average IGF-1 levels of enrolled patients were stably maintained within the normal limits at the end of the OLE period; 93% of all patients who entered the 2nd year OLE phase were responders at the end of the 96 weeks OLE; The average GH levels of enrolled patients improved at the end of the OLE period; Acromegaly patients were exposed to Mycapssa during the OPTIMAL study, for a median treatment duration of 2.1 years and a maximal exposure of 3.2 years; Patients in the OLE demonstrated a median compliance rate of 98% over this period of time; The long-term safety profile of Mycapssa during the OLE, was consistent with the safety profile observed during previous studies with Mycapssa with no new safety signals with long-term exposure
TLLTF

Hot Stocks

07:06 EDT Tilt Holdings' Commonwealth Alternative Care announces 'Puff, Puff, Plant' event - TILT Holdings through its subsidiary Commonwealth Alternative Care invites the Taunton, Mass., community out to its 30 Mozzone Boulevard location for an inaugural "Puff, Puff, Plant" event. The pre-420 event is being held on Friday, April 15, from 3-7 pm. The Taunton location offers both medical and adult-use cannabis products. Designed to create community connections, the "Puff, Puff, Plant" event includes: "Ask the Expert" sessions with CAC's talented team, including cultivators and lab techs; A Terpene Bar tended by a CAC specialist to assist and educate on the world of terpenes; A special 4:20 celebration; Participation by brands Wana, Old Pal, Garden Remedies, Fernway and Good Feels; Doing good for our community by giving to Purpose Locker; Support for local chefs with food trucks on-hand; Swag, swag and more swag!
JPM

Hot Stocks

07:06 EDT JPMorgan sees FY22 NII excluding Markets $53B+ - JPMorgan expects FY22 net interest income excluding Markets to be $53B+, market dependent. The company expects FY22 adjusted expense of roughly $77B, market dependent. Comments taken from Q1 earnings conference call presentation slides.
AGFY

Hot Stocks

07:04 EDT Agrify announces multimillion international VFU customer agreement with BioCann - Agrify announced it has signed a definitive agreement with BioCann Pharmaceutical Company, a prominent cannabis cultivator located on the island of Madeira, in Funchal, Portugal. Under the terms of the Agreement, Agrify will install 190 VFUs for BioCann's 25,000 sq. ft. cultivation facility along with access to the Agrify Insights cultivation software. BioCann will be purchasing Agrify's cultivation equipment for $4M, and a 5-year SaaS agreement for Agrify Insights for $2.1M. The first set of 10 VFUs will be installed in the next 3 months, with the remaining 180 units scheduled for Q1, 2023. "We are thrilled to begin introducing our advanced cultivation and extraction solutions to the European market through our customer engagement with BioCann," said Raymond Chang, CEO of Agrify. "With many countries moving towards legalization and the European cannabis market being one of the largest in the world, the European Union represents a significant market opportunity for Agrify and we look forward towards additional international expansion."
AZMTF

Hot Stocks

07:03 EDT OTC Markets Group welcomes Azimut Exploration to OTCQX - OTC Markets Group announced Azimut Exploration has qualified to trade on the OTCQX Best Market. Azimut Exploration upgraded to OTCQX from the Pink market. Azimut Exploration begins trading on OTCQX under the symbol "AZMTF."
DNA

Hot Stocks

07:03 EDT Ginkgo Bioworks and FREDsense partner for water quality biosensors - Ginkgo Bioworks and FREDsense Technologies, a water quality platform company leveraging synthetic biology to build field kits for analysis, announced a partnership to build biosensors for water quality monitoring and detection. Through this partnership, Ginkgo seeks to build four distinct microbial strain biosensors, compatible with FREDsense's field-ready hardware for remote water quality monitoring applications. FREDsense builds portable solutions to efficiently assess the chemicals in the water at the source, allowing for rapid modification of water treatment processes in real-time without the need for external lab equipment. The biosensors in development by Ginkgo aim to enable real-time field detection of harmful molecules, and may be used to generate solutions for groundwater and industrial water management systems.
PVH

Hot Stocks

07:02 EDT PVH Corp. board approves $1B increase to stock repurchase authorization - On April 11, 2022, the Board of Directors, through its Executive Committee, approved a $1B increase to the company's stock repurchase authorization and extended it three years to June 2026.
ZDGE

Hot Stocks

07:02 EDT Zedge acquires GuruShots for $34.8M - Zedge announced it has acquired GuruShots. GuruShots, headquartered in Israel, offers a platform spanning iOS, Android and the web that gamifies photography by providing a fun, educational and structured way for amateur photographers to compete in a wide variety of contests types showcasing their photos while gaining recognition with votes, badges and awards. On a monthly basis, GuruShots users currently cast over 5B votes in more than 300 competitions. GuruShots currently generates revenue from selling packages of extra abilities via in-app purchases. The total addressable market of amateur photographers using their smartphones to take and publicly share artistic photos is estimated at 30M-40M people per month, having the potential to more than double revenue over time while also propelling growth of the userbase. GuruShots, on a stand-alone basis, has a highly attractive growth profile as a mobile game with social elements and a tightly knit community that we expect will accelerate Zedge's revenue growth with associated investment in user acquisition. GuruShots' expertise in game design mechanics used to drive user engagement and grow revenue can be applied across Zedge's portfolio, where appropriate. GuruShots boasts impressive KPIs, including average revenue per monthly active user of more than $3.50, which is materially higher than the 6c Zedge reported during its most recent quarter, and average monthly revenue per paying user in excess of $50, implying an 18% CAGR over the last six years; GuruShots' user base has attractive demographics, with more than 65% of users in well-developed markets and a meaningful base of paying iOS users and converting GuruShots users to sell their photos within Zedge Premium is an opportunity to increase transactions and bolster Zedge's 'NFTs Made Easy' offering. In addition, there will be up to an $8M retention bonus paid to employees over a three-year period, half in cash and half in stock, tied to continued employment with GuruShots during that time.
HLMN

Hot Stocks

07:02 EDT Hillman announces upsize, pricing of secondary offering of common stock - Hillman Solutions announced the upsize and pricing of the previously announced underwritten public offering of shares of the Company's common stock by certain stockholders of the Company. The size of the Offering increased from the previously announced 10,000,000 shares to an aggregate of 13,000,000 shares of the Company's common stock, at a price to the public of $10.00 per share. The Offering is expected to close on or about April 18, 2022, subject to the satisfaction of customary closing conditions. In addition, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an aggregate of 1,950,000 additional shares of the Company's common stock at the public offering price less underwriting discounts and commissions. The Offering consists entirely of shares of common stock to be sold by the Selling Stockholders, and the Company will not receive any proceeds from the sale of the shares being offered by the Selling Stockholders. Jefferies and Baird are acting as lead book-running managers for the Offering. Stifel is also acting as a joint book-running manager for the Offering. Raymond James, Benchmark Bankshares, and CJS Securities are acting as co-managers of the offering.
IKNA APTO

Hot Stocks

07:02 EDT iKena Oncology appoints Marango as CFO, Head of Corporate Development - Ikena Oncology (IKNA) announced the appointment of Jotin Marango, M.D., Ph.D., to Chief Financial Officer, CFO, and Head of Corporate Development. The addition of Dr. Marango comes at a "pivotal time as Ikena expands its targeted oncology programs and corporate development efforts," the company said. Dr. Marango joins Ikena from Aptose Biosciences (APTO), where he served as Senior Vice President, Chief Financial Officer and Chief Business Officer.
PVH

Hot Stocks

07:02 EDT PVH Corp. affirms Q1, FY22 outlook - PVH previously forecast Q1 EPS of $1.55-$1.60 and FY22 EPS about $9.00. The company also forecast FY22 revenue up 2%-3% or up 6%-7% in constant currency.
VIEW

Hot Stocks

07:01 EDT Nasdaq grants View Inc. stay of delisting through end of May - View, Inc. announced that Nasdaq has granted View a stay of delisting through the end of May 2022, consistent with View's expected timeline to become current with filings. View reiterates its expectation to complete its financial restatement and release full year 2021 and Q1 2022 results in May. This includes the Company's restated 2019, 2020 and Q1 2021 financial statements, as well as its Q2 2021, Q3 2021, full year 2021 and Q1 2022 financial statements. Completion of filings would allow View to regain compliance with applicable Nasdaq listing requirements. The company will announce an earnings date and dial-in details closer to the date of expected filing.
PVH

Hot Stocks

07:01 EDT PVH Corp. sees revenue of $12.5B in 2025
PVH

Hot Stocks

07:01 EDT PVH Corp. introduces PVH+ Plan multiyear strategic growth plan - PVH Corp. is holding its 2022 Investor Day to introduce the PVH+ Plan, its multi-year, strategic growth plan, provide an overview of the opportunities to fully leverage the strength of its two iconic global brands in all regions, and share how this plan will achieve the company's financial objectives. A key driver of the PVH+ Plan will be the relentless focus on driving efficiencies to become more cost-competitive and reinvest in key strategic growth drivers. PVH is simplifying how its teams work and identifying efficiencies to fuel initiatives with the greatest positive impact and strongest return. The execution of the PVH+ Plan is expected to achieve the following financial objectives: Revenue: High single-digit compounded annual growth from 2021 to approximately $12.5 billion in 2025. The key drivers of revenue growth across brand, region and channel include: Balanced growth from Calvin Klein and TOMMY HILFIGER globally; High single-digit CAGR in Europe and the Americas; mid-teens CAGR in Asia Pacific; 20%+ CAGR in digital channels; Direct-to-consumer brick & mortar outpacing wholesale brick & mortar; Operating margin: Expected to expand to approximately 15% in 2025; Free cash flow: Expected to be over $1.0 billion in 2025.
PVH

Hot Stocks

06:59 EDT PVH Corp. introduces PVH+ Plan multiyear strategic growth plan
JPM

Hot Stocks

06:57 EDT JPMorgan announces new $30B share repurchase program - Effective as of May 1, 2022.
FTAI

Hot Stocks

06:55 EDT Fortress Transportation to transfer stock exchange listing to Nasdaq from NYSE - Fortress Transportation and Infrastructure Investors announced it will transfer its common shares listing from the New York Stock Exchange to The Nasdaq Global Select Market. The company expects that its common shares will commence trading as a Nasdaq-listed security on April 26, and will continue to be listed under the ticker symbol "FTAI" after the transfer. The company expects that its preferred shares will also transfer to Nasdaq and trade under ticker symbols FTAIP, FTAIO, and FTAIN.
JPM

Hot Stocks

06:53 EDT JPMorgan announces new $30B share repurchase program
JPM

Hot Stocks

06:52 EDT JPMorgan reports Q1 average loans up 5%, average deposits up 13% - Reports Q1: Average deposits up 18%; client investment assets up 9%; Average loans down 1% YoY and down 2% QoQ; Card net charge-off rate of 1.37%; Debit and credit card sales volume7 up 21%; Active mobile customers up 11%.
JPM

Hot Stocks

06:50 EDT JPMorgan reports Q1 ROE 13%, ROTCE 16%
JPM

Hot Stocks

06:49 EDT JPMorgan CEO Dimon says 'lending strength continued' in Q1 - Jamie Dimon, Chairman and CEO, commented on the financial results: "JPMorgan Chase generated a healthy $30 billion of revenue, $8.3 billion of earnings and an ROTCE of 16% in the first quarter after adding $902 million in credit reserves largely due to higher probabilities of downside risks. Lending strength continued with average firmwide loans up 5% while credit losses are still at historically low levels. We remain optimistic on the economy, at least for the short term - consumer and business balance sheets as well as consumer spending remain at healthy levels - but see significant geopolitical and economic challenges ahead due to high inflation, supply chain issues and the war in Ukraine." Dimon continued: "In Consumer & Community Banking, deposits were up 18% and client investment assets were up 9%, largely driven by positive net flows. Combined debit and credit card spend was up 21% as we continue to see a pick-up in credit card spending on travel and dining. Card loan balances were up 11% but remain below pre-pandemic levels. Auto loans were up 3% but the lack of vehicle supply continues to affect originations which were down 25%. In Home Lending, originations of $25 billion were down 37%, primarily due to the rising rate environment. In the Corporate & Investment Bank, we maintained our #1 ranking in Global Investment Banking although fees were down 31% due to lower equity and debt underwriting activity. Markets revenue was down 3% compared to a record first quarter last year. Commercial Banking loans were up 2% and we are seeing a pick-up in both new loan demand as well as revolver utilization. Asset & Wealth Management delivered strong results as we saw positive inflows into long-term products of $19 billion across all channels, as well as continued strong loan growth, up 14%, primarily driven by securities-based lending." Dimon added: "Our financial discipline, constant investment in innovation and ongoing development of our people are what enabled us to persevere in our steadfast dedication to help clients, communities and countries throughout the world even in difficult times. In the quarter, we extended credit and raised capital of $640 billion for large and small businesses, governments and U.S. consumers. Our longstanding capital hierarchy remains the same - first and foremost, to invest in and grow our market-leading businesses; second, to pay a sustainable competitive dividend; and then, to return any remaining excess capital to shareholders through stock buybacks." Dimon concluded: "Our focus this quarter remained on helping our clients navigate difficult markets and unpredictable events, which included working with governments to implement economic sanctions of unprecedented complexity. While our company will continue to deal with this global turmoil, our hearts go out to the extreme suffering of the Ukrainian people and to all of those affected by the war."
LODE

Hot Stocks

06:47 EDT Comstock Mining acquires industrial battery storage property for $2.1M - Comstock Mining has a definitive agreement to acquire the Haywood quarry and industrial property from Decommissioning Services for a total of $2.1M in cash and stock. The Haywood property represents approximately 190 industrial acres in Lyon County, Nevada, and is part of one of the industrial parks in Lyon County. The Property has power, water and immediate highway access. The company plans to immediately employ a portion of the property for used lithium-ion battery storage, to support the battery metal recycling operations of LINICO Corporation, one of Comstock's renewable energy subsidiaries. Once the pilot crushing and separating system is operating later this year, the company plans on extracting lithium immediately after crushing and conditioning for market leading yields that maximize lithium recovery for reuse in these electrification products.
PYXS

Hot Stocks

06:38 EDT Pyxis Oncology promotes Jan Pinkas to Chief Scientific Officer - Pyxis Oncology announced the departure of Ronald Herbst as the company's Chief Scientific Officer and the appointment of Jan Pinkas, currently Senior VP, Preclinical Research & Development, to the position of Chief Scientific Officer. The management changes are effective as of April 12. Pinkas joined Pyxis Oncology in August 2021 as Senior Vice President, Preclinical Research & Development, responsible for leading all preclinical initiatives. Prior to Pyxis Oncology, Pinkas spent ten years at Magenta Therapeutics where, most recently, he served as Senior Vice President, Translational Sciences.
NICE

Hot Stocks

06:32 EDT Nice's CXOne portfolio adopted by Deutsche Telekom Global Business - Nice announced a partnership with Deutsche Telekom Global Business, Deutsche Telekom's affiliate offering telecommunications and connectivity solutions to businesses of all sizes including the public sector. As part of the collaboration, Deutsche Telekom Global Business is now offering the CXone portfolio of digital and agent-assisted CX solutions in Europe. With Nice CXone, Deutsche Telekom Global Business customers gain access to a cloud native customer experience platform. Deutsche Telekom Global Business is integrating the Nice CXone CCaaS platform and its applications in the communications projects it launches.
TRMB

Hot Stocks

06:32 EDT Trimble to divest four businesses to The Jordan Company, terms undisclosed - Trimble announced that it has entered into a definitive agreement to sell its Time and Frequency, Laodrite, Spectra Precision Tools and SECO accessories businesses to Precisional, an affiliate of The Jordan Company. The divestiture is in line with Trimble's strategy to focus on areas core to its long-term growth and strategic product roadmap. The global transaction is subject to a number of customary closing conditions and is expected to close in the second quarter of 2022. Financial terms were not disclosed.
BOX

Hot Stocks

06:31 EDT Box unveils Box Canvas virtual whiteboarding and visual collaboration experience - Box on Tuesday unveiled Box Canvas, a virtual whiteboarding and visual collaboration experience that "connects hybrid teams so they can brainstorm, ideate, and create, together from anywhere." Built natively into Box, and available later this year to all users at no additional cost, Box Canvas will deliver a new way for people to collaborate, while leveraging the enterprise-grade security, compliance, and workflow automation capabilities, the company said in a statement. Box Canvas will be introduced at the Box Content Cloud Summit on Thursday, April 14.
LIN

Hot Stocks

06:23 EDT Linde to double merchant liquid production capacity at Texas facility - Linde announced it is expanding its La Porte, Texas, facility, effectively doubling the facility's merchant liquid production capacity. Starting up in 2024, the increased capacity will help Linde to meet growing demand from the petrochemicals, clean energy, manufacturing, food and aerospace sectors in the U.S. Gulf Coast. It will also supply Linde's existing Gulf Coast pipeline system, which includes nitrogen and oxygen pipelines extending from the Houston ship channel south to Freeport, Texas.
BLK

Hot Stocks

06:19 EDT BlackRock reports Q1 long-term net inflows $113.74B - $86B of quarterly total net inflows also reflect seasonal outflows from cash management.
BLK

Hot Stocks

06:18 EDT BlackRock CEO: Positive flows across all product types in Q1 - Laurence Fink, Chairman and CEO: "BlackRock generated $114 billion of long-term net inflows in the first quarter, with positive flows across all product types, investment styles and regions, demonstrating the breadth of our asset management platform. Our ETFs delivered $56 billion of net inflows, as clients increasingly use them to efficiently allocate capital, access liquidity and manage risk. Active net inflows of $20 billion were led by LifePath target-date strategies and strong demand for alternatives. "Aladdin's comprehensive value proposition is resonating more than ever and becoming a key component of the whole portfolio solutions we deliver for clients - technology services saw 13% ACV growth. "BlackRock is increasingly the partner of choice globally as clients look to build deeper and more comprehensive relationships. We announced another significant client mandate during the quarter that exemplifies our One BlackRock approach - bringing together investment expertise, operational excellence and world-class technology. I am incredibly excited by the opportunities ahead of us and believe BlackRock is well-positioned to continue generating durable, differentiated organic growth and delivering value for all of our stakeholders. "As the world continues to face geopolitical and economic uncertainty, our investments over the years to build BlackRock's allweather platform position us well to advise our clients and help them pursue their long-term financial goals."
BLK

Hot Stocks

06:17 EDT BlackRock reports Q1 AUM $9.57T, up 6% y/y
KBR

Hot Stocks

06:11 EDT KBR awarded Rose contract by CPC Corporation - KBR announced that it has been awarded a contract for its Rose supercritical Solvent De-Asphalting, or SDA, technology and Vacuum Distillation Unit, or VDU, from Taiwan's state-owned oil company, CPC Corporation. Under the terms of the contract, KBR will provide a license, basic engineering and proprietary equipment to CPC for its proprietary Rose technology. KBR will also supply the engineering package for the upstream VDU. Rose technology is a cost-effective residue upgrading process that allows refiners to produce higher grade, cleaner products while reducing the facility's carbon footprint.
BQ

Hot Stocks

06:09 EDT Boqii receives noncompliance notice from NYSE - Boqii announced that it has received a letter dated April 5 from the New York Stock Exchange, notifying the company that its total market capitalization and stockholders' equity are below the NYSE compliance criteria. Pursuant to applicable NYSE continued listing standards, a company would be considered "below criteria" by the NYSE if its total market capitalization is less than $50M over a 30 trading-day period and its stockholders' equity is less than $50M. A review of the current financial condition of the company by the NYSE shows that, as of April 4, the company's 30 trading-day average market capitalization was approximately $48M and its last reported stockholders' equity as of December 31, 2021 was approximately $32.2M. Accordingly, the company is now subject to the procedures as set forth in Sections 801 and 802 of the NYSE Listed Company Manual, and is required to respond within 90 days of the letter with a business plan that demonstrates compliance with the continued listing standard within 18 months of receipt of the letter. The business plan will be reviewed for final disposition by the Listings Operations Committee of the NYSE.
HALO ATRS

Hot Stocks

06:06 EDT Halozyme to acquire Antares Pharma for $5.60 per share - Halozyme (HALO) and Antares Pharma (ATRS) announced that the companies have entered into a definitive agreement pursuant to which Halozyme will acquire Antares for $5.60 per share in cash. The transaction, which values Antares at approximately $960M, was unanimously approved by both the Halozyme and Antares boards of directors. The transaction is expected to be immediately accretive to Halozyme's 2022 revenue and non-GAAP earnings and to accelerate top- and bottom-line growth through 2027, with multiple growth drivers beyond 2027. The combination of Halozyme and Antares will create a drug delivery and specialty product company. The Antares business consists of a best-in-class, differentiated, royalty revenue generating auto injector platform business that offers broad licensing opportunity, and a commercial business, with three proprietary commercial products. Under the terms of the merger agreement, Halozyme will commence a cash tender offer to acquire all of the outstanding shares of Antares for $5.60 per share in cash. The transaction is not subject to a financing condition. Halozyme intends to finance the transaction using existing cash on hand and new sources of debt. Following completion of the transaction, Halozyme expects to maintain a strong balance sheet with less than 3.5x net debt-to-EBITDA ratio at the time of transaction close. Net debt-to-EBITDA ratio is expected to decline significantly in the quarters post transaction close. The closing of the tender offer will be subject to certain conditions, including the tender of shares representing at least a majority of the total number of Antares' outstanding shares of common stock, the expiration or termination of the HSR waiting period, and other customary conditions. Following the successful completion of the tender offer, Halozyme will acquire all remaining shares not tendered in the tender offer through a second-step merger at the same price. This transaction is expected to close in the first half of 2022.
HOFT

Hot Stocks

06:06 EDT Hooker Furniture CEO provides production outlook - Hooker Furniture CEO Jeremy Hoff said, "Incoming orders and backlogs continue to be strong in most divisions. We are concerned about ongoing global logistics constraints and economic headwinds affecting the consumer that could impact short-term demand, such as inflation, high gas prices and the war in Ukraine. We expect production capacity of our Asian suppliers to improve significantly, reaching 100% capacity at some point during Q1, although the full financial impact of this improvement in inventory readiness won't be felt until Q2. We remain optimistic that long-term trends will continue to benefit us, such as demand for housing, the renewed and sustainable focus on home interiors and exteriors, and the Millennial generation entering their prime earning and household formation years. We were also very encouraged by the recently concluded Spring High Point market. Attendance was up significantly compared to both the Fall 2021 and June 2021 markets, more in line with pre-pandemic levels. New products were very well received with major placements across all brands, including new placements of Home Meridian's licensed products".
CVNA

Hot Stocks

06:05 EDT Carvana launches new Car Vending Machine in Spring, Texas - Carvana launched its newest Car Vending Machine, located in Spring, Texas, a suburb of Houston. The state-of-the-art steel and glass structure stands eight stories tall with a 27-vehicle capacity, offering car buyers in the area another way to experience the New Way To Buy A Car. Customers can shop an inventory of more than 70,000 used cars for sale, secure auto financing or use the car loan calculator, purchase, trade in, and schedule as-soon-as-next-day vehicle delivery in as little as five minutes. Customers can also sell their current vehicle to Carvana and receive a real offer just as quickly, without even purchasing a vehicle.
NVAX

Hot Stocks

06:03 EDT Novavax granted conditional marketing authorization for Nuvaxovid by Swissmedic - Novavax announced that Swissmedic, the Swiss Agency for Therapeutic Products, has granted Novavax conditional marketing authorization for Nuvaxovid COVID-19 Vaccine for active immunization to prevent COVID-19 caused by SARS-CoV-2 in individuals 18 years of age and older. The vaccine, also known as NVX-CoV2373, is the first protein-based vaccine to be authorized for use in Switzerland.
PK

Hot Stocks

06:02 EDT Park Hotels & Resorts reports March occupancy rate of 63% - Occupancy for March 2022 for Park's 48 consolidated hotels was 63.0%, a sequential improvement of over 10 percentage points from February 2022; Repurchased 3.4M shares of common stock at an average price of $17.99 per share, or $61M, during the first quarter of 2022; and accelerated plans to reopen Park's remaining suspended hotel, the 1,024-room Parc 55 San Francisco - a Hilton Hotel, with a target reopening date of May 19, 2022, based on improving demand trends in the San Francisco market. "I am incredibly pleased with the broad-based recovery taking shape across our portfolio," said Thomas J. Baltimore, Jr., Chairman and CEO of Park. "While leisure demand remains robust in our Hawaii, Florida and Puerto Rico markets, business transient and group demand strengthened throughout March, especially across our urban portfolio including San Francisco, New York, Boston, Washington, D.C. and Chicago, with the pace of improvement expected to accelerate over the balance of the year. We currently expect April 2022 occupancy at our open hotels to improve sequentially by over 600 basis points, to the low 70% range, while average daily rate is forecasted to exceed 2019 by approximately 8%, leading to RevPAR that is just 7% shy of 2019. Overall, we are incredibly encouraged by the pace of recovery across all demand segments, with Park's portfolio on track to fully recover by 2023."
PTNR

Hot Stocks

05:27 EDT Partner Communications receives notice regarding labor dispute - Partner Communications reported that the Company received notice of a labor dispute in accordance with the Settlement of Labor Disputes Law, 1957, that was announced by the new general employees union - cellular, internet and hi-tech employees union. According to the notice, the main issues disputed relate to the demand to sign a collective employment agreement in order to determine the rights of Partner employees and their employment security following the transaction for the sale of control of the company to Amphissa. In accordance with the notice, company employees that are employed under a collective employment agreement, may take organizational steps as of April 27. The company cannot assess at this stage the impact of the notice or its realization.
OCUL

Hot Stocks

05:23 EDT Ocular Therapeutix announces Dextenza approval in Macau - AffaMed Therapeutics announced that Dextenza has been approved in Macau, China for the treatment of ocular inflammation and pain following ophthalmic surgery. In 2020, AffaMed Therapeutics entered into a licensing agreement with Ocular Therapeutix for the development and commercialization of Dextenza in Greater China, South Korea, and certain ASEAN markets. Dextenza is currently approved in the U.S. for the treatment of ocular inflammation and pain following ophthalmic surgery and for the treatment of ocular itching associated with allergic conjunctivitis.
OCFT

Hot Stocks

05:22 EDT OneConnect identified by SEC under HFCAA - OneConnect announced that the company is aware of the fact that it was identified by the SEC under the Holding Foreign Companies Accountable Act of the United States, or HFCAA, on April 12. Such identification may have resulted from the company's filing of the annual report on Form 20-F for the fiscal year ended December 31, 2021. The company understands the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder, and the identification indicates that the SEC determines that the company used an auditor, whose working paper cannot be inspected or investigated completely by the PCAOB, to issue the audit opinion for its financial statements for the fiscal year ended December 31, 2021. In accordance with the HFCAA, a company will be delisted from a U.S. stock exchange if such company has been identified by the SEC for three consecutive years due to PCAOB's inability to inspect the auditor working paper related to such company. The company has been actively exploring possible solutions to best protect the interest of its stakeholders. On February 28, the company submitted a listing application to the Hong Kong Stock Exchange for dual primary listing of its ordinary shares on the Main Board of the HKEX. The company will continue to comply with applicable laws and regulations in both China and the United States.
NOAH

Hot Stocks

05:20 EDT Noah Holdings announces share may be delisted under HFCAA Act - Noah Holdings provided an update on its status under the Holding Foreign Companies Accountable Act, or HFCAA. On April 12, the U.S. Securities and Exchange Commission, or SEC, provisionally named the company as a Commission-Identified Issuer after the company filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC on April 6, which included an audit report issued by a public accounting firm that the Public Company Accounting Oversight Board, or PCAOB, has determined that it is unable to inspect or investigate completely. The SEC estimated that 273 registrants might be identified under the HFCAA as part of its review of registrants in calendar year 2020. The company understands the SEC made such identification pursuant to the HFCAA, which states if the SEC determines that a company has filed audit reports issued by a registered public accounting firm that cannot be inspected or investigated completely by the PCAOB for three consecutive years beginning in 2021, the SEC shall prohibit its shares or American depositary shares from being traded on a national securities exchange or in the over-the-counter trading market in the United States. Under the current terms of the HFCAA, the company's ADSs will be delisted from the New York Stock Exchange in early 2024, unless the HFCAA is amended to exclude the company or the PCAOB is able to conduct a full inspection of the company's auditor during the required timeframe. The company has previously disclosed that its auditor, the independent registered public accounting firm that issued the audit report included in its annual report filed with the SEC, is currently not inspected by the PCAOB, hence the identification by the PCAOB is expected. The company's ADSs, two of which represent one Class A ordinary share of the company, have been listed on the New York Stock Exchange under the symbol "NOAH" since November 10, 2010. As the company will continue to monitor market developments and evaluate all strategic options, with the appropriate counsel and guidance, it would like to note that this update has no impact on business operations.
STLA

Hot Stocks

05:16 EDT Stellantis to consolidate financial services in China - Following the restructuring of financial services in Europe and the United States, Stellantis announced PSA Finance Nederland, or PFN, a fully owned financing subsidiary of BPF and DPCA have entered into an equity transfer agreement with Dongfeng Group, on the basis of which their respective shares in the JV Dongfeng Peugeot Citroen Auto Finance Company, or DPCAFC, will be sold to Dongfeng Group, subject to regulatory approval. The new structure will align with "Dare Forward 2030" supporting the Company's 'asset light business model' and the new brands set up. "As we continue our push to drive profitable growth in China, we need to also reset our financial services offering in the country, as we have done in other major markets," said Stellantis CEO Carlos Tavares. "This move will greatly support our revival plan in the country while also driving a more seamless customer journey." The proposed transaction should be completed during the second half of 2022 once the required authorizations have been obtained from the relevant anti-trust authorities and banking/finance regulators.
ADXN

Hot Stocks

05:14 EDT Addex Therapeutics completes patient enrollment in dipraglurant study - Addex Therapeutics announced that patient enrollment has been completed in its Phase 2a clinical study evaluating dipraglurant as a potential treatment for blepharospasm, a type of dystonia characterized by involuntary contractions or spasms of the eyelid muscles. Dipraglurant selectively targets the metabotropic glutamate receptor subtype 5 through allosteric modulation to downregulate the neurotransmission believed to cause blepharospasm.
GSK SRRA

Hot Stocks

05:10 EDT GlaxoSmithKline to acquire Sierra Oncology for $55 per share - GlaxoSmithKline (GSK) and Sierra Oncology (SRRA) announced that the companies have entered into an agreement under which GSK will acquire Sierra Oncology for $55 per share of common stock in cash representing an approximate total equity value of $1.9B. Under the terms of the agreement, the acquisition will be effected through a one-step merger in which the shares of Sierra Oncology outstanding will be cancelled and converted into the right to receive $55 per share in cash. Subject to customary conditions, including the approval of the merger by at least a majority of the issued and outstanding shares of Sierra Oncology, and the expiration or earlier termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the transaction is expected to close in Q3 or before. The per share price represents a premium of approximately 39% to Sierra Oncology's closing stock price on April 12 and a premium of approximately 63% to Sierra's volume-weighted average price over the last 30 trading days. Sierra Oncology's board of directors has unanimously recommended that Sierra's stockholders vote in favor of the approval of the merger. Additionally, stockholders of Sierra Oncology holding approximately 28% of Sierra's outstanding shares, have agreed to vote their shares in favor of approval of the merger. GSK will account for the transaction as a business combination and expects it to be accretive to adjusted EPS in 2024, the expected first full year of momelotinib's sales. The value of the gross assets of Sierra Oncology to be acquired is $109M. The net losses of the business were $95M for the 12 months ended December 31, 2021.
BRAG

Hot Stocks

05:06 EDT Oryx Gaming enters agreement with Dutch iGaming platform 711.nl - Oryx Gaming, a Bragg Gaming company, announced a new agreement to provide its player account management, or PAM, iGaming platform and exclusive content to a new online casino brand, 711.nl, in the regulated Dutch market. Pursuant to the agreement, Oryx is supplying its proprietary PAM platform for iGaming to 711.nl, which will ensure the operation for the 711.nl online casino that recently received its license and is poised to begin operation. Oryx will also deliver games developed by its in-house studios as well as exclusive content from partner studios. The new partnership represents the company's third agreement to provide its PAM platform to an iGaming operator for the Netherlands market and its fifth agreement to supply online gaming content in this market.