Stockwinners Market Radar for April 20, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SNAP

Hot Stocks

20:44 EDT Snap CFO sells $418K in common stock - In a regulatory filing, Snap disclosed that its CFO Derek Andersen sold 12.8K shares of common stock on April 18th in a total transaction size of $418K.
LMPX

Hot Stocks

20:32 EDT LMP Automotive gets notice of deficiency from Nasdaq due to delayed 10K filing - LMP Automotive Holdings "announced it received a notification of deficiency from Nasdaq related to the delayed filing of its Annual Report on Form 10-K. On April 19, 2022, it received a standard notice from Nasdaq indicating that, as a result of not having timely filed its Annual Report on Form 10-K for the year ended December 31, 2022, the company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the SEC. The Nasdaq notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market."
RBLX

Hot Stocks

20:29 EDT Cathie Wood's ARK Investment bought 440K shares of Roblox today
ZM

Hot Stocks

20:28 EDT Cathie Wood's ARK Investment bought 153K shares of Zoom Video today
COIN

Hot Stocks

20:27 EDT Cathie Wood's ARK Investment bought 168K shares of Coinbase today
DNA

Hot Stocks

20:26 EDT Cathie Wood's ARK Investment bought 881K shares of Ginkgo Bioworks today
ROKU

Hot Stocks

20:25 EDT Cathie Wood's ARK Investment bought 375.5K shares of Roku today
BHP

Hot Stocks

19:17 EDT BHP Group backs FY22 iron ore output 249-259MT, down 2% to up 2% from last year - Cuts FY22 copper output view to 1,570-1,620kt from 1,590-1,760kt.
BHP

Hot Stocks

19:13 EDT BHP Group reports Q3 iron ore output 59.7MT, down 10% from last quarter - Reports Q3 petroleum output 24.1MMBOE, down 6% from last quarter. Reports Q3 copper production 369.7kt, up 1% from last quarter. Reports Q3 Metallurgical coal production 10.6MT, up 20% from last quarter. CEO Mike Henry says: "BHP delivered safe and reliable production in the third quarter. Our WA iron ore business continues to perform strongly as we navigate the state's first major COVID-19 wave, and we remain on track to achieve full year volume and cost guidance. Amid record high prices, our Queensland metallurgical coal business delivered strong underlying performance and benefited from better weather in the quarter. In copper, Spence production is increasing and the Olympic Dam smelter is performing strongly as it returns to full production following planned maintenance. These gains have been more than offset at Escondida by impacts from COVID-19 and public road blockades in Antofagasta, which are reflected in a revision to overall production guidance. Our Jansen potash project is on track, with good progress on the shafts, in the underground mining systems and at the port. The merger of our petroleum assets with Woodside has progressed and is set for completion in June 2022, while the divestment of our BMC business to Stanmore should complete in May 2022. Market volatility and inflationary pressures have increased further as a result of the Russian invasion of Ukraine. We continue our work to mitigate cost pressures through a sharp focus on operational reliability and cost discipline. While we expect conditions to improve during the course of the 2023 calendar year, we anticipate the skills shortages and overall labour market tightness in Australia and Chile to continue in the period ahead."
VRTX

Hot Stocks

19:07 EDT Vertex says Health Canada grants marketing authorization for TRIKAFTA for 6-11 - Vertex Pharmaceuticals announced that Health Canada has granted Marketing Authorization for the expanded use of PrTRIKAFTA to include children with cystic fibrosis ages 6 through 11 years who have at least one F508del mutation in the cystic fibrosis transmembrane conductance regulator gene. With this announcement, approximately 500 Canadians with CF ages 6-11 are now eligible for TRIKAFTA. As a result of this approval, an additional dosage strength of TRIKAFTA tablets is now available. "We are delighted that TRIKAFTA is now available for these young patients in Canada. It provides a new treatment option for those with CF ages 6-11 with at least one F508del mutation and a first-in-class treatment option for the approximately 500 6-11-year-olds who are newly eligible for a medicine that treats the underlying cause of their disease," said Reshma Kewalramani, M.D., Chief Executive Officer and President at Vertex. "This important milestone brings us one step closer to our ultimate goal of developing treatments for all patients living with CF. We will now work closely with all provinces and territories to secure access for eligible patients as quickly as possible."
MNOV

Hot Stocks

19:01 EDT MediciNova announces publication of MN-166 data - MediciNova announced data demonstrating that MN-166 prevents metastasis in a uveal melanoma animal model was published in the journal Molecular Cancer Research.The publication entitled "Uveal Melanoma Exosomes Induce a Prometastatic icroenvironment through Macrophage Migration Inhibitory Factor," was co-authored by MediciNova's collaborators Dr. Grazia Ambrosini, Research Scientist at The Herbert Irving Comprehensive Cancer Center, Columbia University Medical Center; Alex J. Rai, PhD, Associate Professor of Pathology and Cell Biology, Columbia University Irving Medical Center; Richard D. Carvajal, MD, Associate Professor of Medicine at Columbia Vagelos College of Physicians and Surgeons and co-director of the Precision Oncology and Systems Biology research program at the HICCC; and Gary Schwartz, MD, Professor of Oncology at Vagelos College of Physicians and Surgeons, Division Chief of Hematology/Oncology at Columbia University Irving Medical Center, and Deputy Director at the HICCC. The publication describes a preclinical study which characterized the proteomic content of uveal melanoma exosomes and identified the presence of markers with metastatic properties. The study included an evaluation of MN-166 in a metastatic uveal melanoma model. Kazuko Matsuda, MD, PhD, MPH, Chief Medical Officer of MediciNova, Inc. commented, "We are very pleased that the details of the research data regarding MN-166 preventing metastasis in the metastatic UM mouse model study has been published. Cancer metastasis is often the major driver of cancer-related death rather than the primary cancer. We previously reported that MN-166 reduced levels of immune suppressive myeloid-derived suppressor cells (MDSCs) and enhanced CD8 T cell activity in the tumor microenvironment. The data from this metastatic UM model study suggested that treatment with MN-166 can potentially address significant unmet medical needs for novel and effective therapies for patients with UM at risk of metastasis. We are optimistic that MN-166 could help patients with UM and other malignancies."
CFLT

Hot Stocks

18:55 EDT Confluent holder buys $5.1M in common stock - In a regulatory filing, Confluent disclosed that its 10% shareholder Brad Gerstner bought 133.7K shares of common stock in a total transaction size of $5.1M.
NFLX

Hot Stocks

18:24 EDT Pershing Square sells Netflix investment - Pershing Square released a letter from the Investment Manager to shareholders: "Today, we sold our investment in Netflix, which we purchased earlier this year. The loss on our investment reduced the Pershing Square Funds' year-to-date returns by four percentage points. Reflecting this loss, as of today's close, the Pershing Square Funds are down approximately two percent year-to-date. While we have a high regard for Netflix's management and the remarkable company they have built, in light of the enormous operating leverage inherent in the company's business model, changes in the company's future subscriber growth can have an outsized impact on our estimate of intrinsic value. In our original analysis, we viewed this operating leverage favorably due to our long-term growth expectations for the company. Yesterday, in response to continued disappointing customer subscriber growth, Netflix announced that it would modify its subscription-only model to be more aggressive in going after non-paying customers, and to incorporate advertising, an approach that management estimates would take "one to two years" to implement. While we believe these business model changes are sensible, it is extremely difficult to predict their impact on the company's long-term subscriber growth, future revenues, operating margins, and capital intensity. We require a high degree of predictability in the businesses in which we invest due to the highly concentrated nature of our portfolio. While Netflix's business is fundamentally simple to understand, in light of recent events, we have lost confidence in our ability to predict the company's future prospects with a sufficient degree of certainty. Based on management's track record, we would not be surprised to see Netflix continue to be a highly successful company and an excellent investment from its current market value. That said, we believe the dispersion of outcomes has widened to a sufficiently large extent that it is challenging for the company to meet our requirements for a core holding. One of our learnings from past mistakes is to act promptly when we discover new information about an investment that is inconsistent with our original thesis. That is why we did so here. We are in the midst of an opportunity rich environment for Pershing Square due to the dramatic shift in Federal Reserve policy, the highly inflationary environment, geopolitical uncertainty, and the resulting high degree of security price volatility. We therefore expect to find a good use for the Netflix proceeds. Please feel free to contact the investor relations team if you have any questions about the above. We are grateful for your support and long-term partnership."
COIN

Hot Stocks

18:03 EDT Coinbase releases Coinbase NFT beta, 'explore vast collection of NFTs' - Sanchan Saxena, VP of Product, Ecosystem Products for Coinbase, said in a blog posting: "Last year we announced Coinbase NFT, a Web3 social marketplace for NFTs. Since then, we've been building in the open and getting input from the NFT community. We shared previews of our progress with collectors and creators and received amazing feedback. We learned that people don't just want better tools to buy and sell NFTs: they want better ways to discover them, better ways to find the right communities, and better spaces in which they can feel connected with each other. That's why we're building a product that's much more than a transaction. We're looking to empower people to create, collect, and connect. We're taking the first step on that journey by releasing our beta. Starting today, anyone can check out the first version of Coinbase NFT at nft.coinbase.com and explore the vast collection of NFTs on the Ethereum blockchain. Beta testers will be able to create a Coinbase NFT profile to buy and sell NFTs using any self-custody wallet, whether that's Coinbase Wallet or something else." Reference Link
AMPE

Hot Stocks

17:52 EDT Ampio receives responses from FDA pursuant to Type C meeting request - Ampio Pharmaceuticals announced the receipt of written responses from the U.S. FDA pursuant to a Type C meeting request submitted by the company earlier in the year regarding the AP-013 trial results. As previously disclosed, the company submitted its Type C meeting request to gain clarity from the FDA regarding the acceptability of the proposed modified intent-to-treat population as the primary analysis population for evaluating efficacy in the AP-013 trial, and the acceptability of AP-013 as a second pivotal trial to support a biologics license application for Ampion. FDA responded that it did not agree with the company's proposed change from the ITT population to the mITT population for the primary endpoint analysis, that mITT is a substantive and material change to the Protocol and Statistical Analysis Plan that is not in accordance with the Special Protocol Assessment agreement, and that despite the COVID related impact on patients and trial centers, the company should have sought FDA's agreement on these changes prior to analyzing and unblinding the data. FDA further stated that it did not agree that AP-013 could serve as a second pivotal trial for Ampion based on both the change in the analysis population and the analysis of pain only instead of the original prespecified co-primary endpoints. "We are very disappointed in FDA's answer. Ampion has been in development for several years, and many shareholders have remained loyal to the company throughout the ups and downs of that development history. Severe osteoarthritis of the knee is an unmet medical need that affects nearly 17 million people in the United States, and we continue to believe that Ampion is a drug which can provide a safe and efficacious treatment for many of those patients. However, given the points in FDA's answer, it will be very difficult to salvage AP-013 itself as a pivotal trial. Nonetheless, we and our regulatory experts believe there may be ways to do that, and we will follow-up with the FDA in the near term to discuss those options," said Mike Martino CEO and Chairman of Ampio. "However, I want to be clear. At this point, I believe the best path forward for Ampio and Ampion is likely conducting a new Phase 3 trial. This management team has learned a great deal from conducting and analyzing the prior trials, including AP-013, and believe we are positioned to design and execute a trial that can lead to BLA approval."
VRTX

Hot Stocks

17:48 EDT Vertex Pharmaceuticals' Trikafta granted MAA in Canada for pediatric fibrosis - Vertex Pharmaceuticals announced that Health Canada has granted Marketing Authorization - MAA - for the expanded use of Trikafta - elexacaftor/tezacaftor/ivacaftor and ivacaftor - to include children with cystic fibrosis ages 6 through 11 years who have at least one F508del mutation in the cystic fibrosis transmembrane conductance regulator gene. With this announcement, approximately 500 Canadians with CF ages 6-11 are now eligible for Trikafta. As a result of this approval, an additional dosage strength of Trikafta tablets is now available. The regimen was generally well tolerated, and safety data were consistent with those observed in previous studies in patients ages 12 years and older. Vertex has also submitted this indication to both the Canadian Agency for Drugs and Technologies in Health and the Institut national d'excellence en sante et en services sociaux in Quebec for Health Technology Assessments.
TSLA

Hot Stocks

17:47 EDT Tesla CEO says 'growing very rapidly', aspire to reach 20M cars per year - CEO Musk says: "We remain confident of a 40% growth in vehicle production in 2022 versus '21. I think we actually have a reasonable shot at a 60% increase over last year. Obviously, we ramped production, as you will know, with Giga Berlin and Giga Texas in the past few months. So with 2 fantastic factories with great teams, and they are ramping rapidly. Now with new factories, the initial ramp always looks small, but it grows exponentially."
RTX

Hot Stocks

17:45 EDT Raytheon Technologies awarded $482.71M Navy contract - Raytheon was awarded a $482.71M cost-plus-incentive-fee, cost-plus-fixed-fee, cost-only, and firm-fixed-price contract for DDG 1000 Class Combat System activation, sustainment and modernization support for Mission Systems and Total Ship Computing Environment infrastructure, or TSCEi, hardware/equipment, in addition to non-recurring engineering services supporting combat system installation, integration, development, testing, correction, maintenance, and modernization of Zumwalt-class Mission Systems and Mission System equipment. This contract includes options, which if exercised, would bring the cumulative value of this contract to $1.68B. This contract was not competitively procured in accordance with 10 U.S. Code 2304 - only one responsible source, and no other supplies or services will satisfy agency requirements. The Naval Sea Systems Command is the contracting activity.
SNBR

Hot Stocks

17:44 EDT Sleep Number expects flat to low-single-digit growth for balance of the year - Says plans to end the year with 3x EBITDAR leverage. Says room within guidance for share repurchases. Says experienced double-digit decline immediately following Russia's invasion of Ukraine. Says environment is challenging to operate in.
TSLA

Hot Stocks

17:39 EDT Tesla CEO says working on 'Robo-taxi' without steering wheel and pedals - Says aspire to reach volume production in 2024. Says remain on track to reach volume production of Cybertruck next year. Comments taken from Q1 earnings conference call.
SNBR

Hot Stocks

17:35 EDT Sleep Number sees Q2 gross margin 57%-58% - Says demand exceeded supply for smart beds due to chip constraints. Says backlog is 20% higher quarter-over-quarter. Says expects fewer smart beds in Q2 than Q1, but with stronger profit profile. Says expects Q2 gross margin of 57%-58% with improvements in back half. Expects to generate $200M of cash from operations in 2022. Says demand in March was less than expected. Says demand generated in Q1 skewed very high end. Comments and guidance taken from Q1 earnings conference call.
FB META

Hot Stocks

17:33 EDT Instagram adopts creator-focused changes, tags elevating original content - Instagram Chief Adam Mosseri said in as tweet earlier: "We've added new ways to tag and improved ranking. Creators are so important to the future of Instagram, and we want to make sure that they are successful and get all the credit they deserve." Mosseri noted that Product tags are now available to everyone allowing users to drive traffic and attention. and lastly. Ranking changes, specifically focused on originality to "value original content more than reposting something from somewhere else. Additionally enhanced people tags- will allow a user to choose a category "for yourself" to enable identity. Reference Link
ENDP

Hot Stocks

17:29 EDT Endo provides update on recusal of liability case judge - Endo announced that the Tennessee Court of Appeals has reversed a trial court judge's order denying a motion for recusal by Endo in Clay County et al. v. Purdue Pharma, L.P., et al., pending in the Circuit Court for Cumberland County, Tennessee, and remanded the case for transfer to a different judge. In so doing, the Tennessee Court of Appeals also vacated the trial court judge's order imposing sanctions on Endo for alleged discovery violations, including the entry of a default judgment on liability. The Tennessee Court of Appeals noted that its ruling was necessary "to promote confidence" in the judiciary after finding that the trial court judge, through various public comments and social media activity following his February 2022 entry of the default judgment, "positioned himself publicly as an interested community advocate...not an impartial adjudicator presiding over litigation." The Clay County case involves claims by 13 Tennessee counties, 22 cities and towns within those counties and an individual plaintiff alleging that Endo's sale of prescription opioid medications violated Tennessee's Drug Dealer Liability Act.
AZN

Hot Stocks

17:13 EDT AstraZeneca's Evusheld 'significantly' protected against symptomatic COVID - The company states: "Detailed results from the PROVENT Phase III pre-exposure prophylaxis trial showed that AstraZeneca's Evusheld, formerly AZD7442, reduced the risk of developing symptomatic COVID-19 by 77% in the primary analysis and by 83% in the six month follow-up analysis, compared to placebo. There were no cases of severe disease or COVID-19 related deaths in the Evusheld group through the six-month follow-up. More than 75% of PROVENT participants at baseline had co-morbidities that put them at high risk for severe COVID-19 if they were to become infected, including people who are immunocompromised and may have an inadequate immune response to vaccination. Additional pharmacokinetic data showed that Evusheld concentrations remained elevated in serum for six months after administration, supporting that a single dose could provide long-term protection against COVID-19 lasting at least six months. The data were published online today in the New England Journal of Medicine. In the primary efficacy analysis, a single 300 mg intramuscular dose of Evusheld reduced the risk of developing symptomatic COVID-19 compared to placebo by 77% at a median follow up of 83 days. Symptomatic COVID-19 occurred in 8/3441 and 17/1731 participants in the Evusheld and placebo groups, respectively." Reference Link
EE

Hot Stocks

17:05 EDT Excelerate Energy CEO buys $6.4M in common stock - In a regulatory filing, Excelerate Energy disclosed that its CEO Steven Kobos bought 265K shares of common stock pn April 18th in a total transaction size of $6.37M.
CVNA

Hot Stocks

17:01 EDT Carvana drops 18% to $75.97 after announcing $1B Class A common stock offering
BRBS

Hot Stocks

17:01 EDT Blue Ridge Bankshares names Judy Gavant bank president - Blue Ridge Bankshares, the holding company of Blue Ridge Bank, N.A. and BRB Financial Group, announced the appointment of Judy C. Gavant as President and Director of the Bank. Gavant will also continue in her current capacity as Chief Financial Officer of the Bank, and Executive Vice President and CFO of Blue Ridge. In her new role as Bank President, Gavant will lead the commercial banking efforts and oversee bank operations, including policies and practices, in addition to a variety of strategic initiatives and responsibilities. "I am excited to announce the promotion of Judy to President of Blue Ridge Bank," said Brian K. Plum, Chief Executive Officer. "She is an exceptional, experienced and knowledgeable leader and is a key player in the Company's operational decision-making and strategy. Judy will be an even greater asset to Blue Ridge in this expanded role."
ZM

Hot Stocks

16:54 EDT Zoom Events and Rooms allow remote audiences enhanced live events experience - Zoom Videos' Robin Bunevich, said in part, on the company blog: "Hybrid and virtual events have made a clear impact on the events industry as a preferred and revenue-driving alternative to in-person experiences. Organizations of all sizes are turning to our virtual event management platform, Zoom Events, to produce ticketed, live events with the reliability and scalability of Zoom Meetings and Zoom Webinar. To give remote audiences an enhanced opportunity to experience and engage with live events, we're pleased to announce our new Zoom Events and Zoom Rooms integration...Attendees can now take advantage of Zoom Rooms' ease of use and scalability...If you're hosting a meeting or webinar on the Zoom Events platform, it's easy to start a live meeting or webinar session through your personal Zoom Room for an engaging conference room experience...Our Zoom Rooms and Zoom Events integration allows hosts to deliver a polished presentation from any environment using a camera and microphone powered by Zoom Rooms appliances. Now, event speakers can present at a podium, conference room table, or home office with the same benefits of the in-person experience. When it's not feasible to send your team to an event, but you want to attend virtually, satellite viewing parties provide a real-time, collaborative opportunity to watch and interact with colleagues from the comfort of a conference room...The event industry is rapidly evolving to support the growing demands for hybrid experiences. Remote attendees want an engaging experience that offers the same benefits of meeting in-person but with the convenience of virtual participation." Reference Link
CDAK

Hot Stocks

16:42 EDT Codiak presents new preclinical data supporting development of COVID vaccine - The company states: "Codiak BioSciences announced new preclinical data from its pan beta-coronavirus vaccine program, which aims to protect against all SARS-CoV-2 variants of concern and potential future strains belonging to the beta-coronavirus family. The data, which are being presented today at the World Vaccine Congress 2022 in Washington, D.C., demonstrate the potential for a novel engineered exosome-based vaccine candidate derived from Codiak's exoVACC platform to induce cross-neutralizing antibody protection against multiple strains of coronaviruses and an antigen-specific and comprehensive immune response against structurally conserved regions of multiple coronavirus variants. Codiak's proprietary and modular vaccine platform leverages engineered exosomes - naturally occurring, extracellular nanoparticle vesicles - to precisely control antigen display on the surface or in the lumen, in order to deliver antigens, adjuvants and immunomodulators simultaneously and selectively to antigen presenting cells to maximize immune response. The pan beta-coronavirus vaccine construct, developed in collaboration with the Ragon Institute of MIT, MGH and Harvard, carries the receptor-binding domain protein of both SARS-CoV-1 and SARS-CoV-2 at high density on the surface of the exosome, combined with structurally constrained, highly conserved T cell antigens expressed in the lumen, and stable loading of a STING agonist as an adjuvant. This design closely resembles the natural viral structures and is amendable to multiple routes of administration, including subcutaneous, intramuscular and intranasal."
PLAG

Hot Stocks

16:41 EDT Planet Green Holdings receives audit opinion with going concern explanation - Planet Green Holdings announced that its 2021 Annual Report filed on March 31 contained an unqualified audit opinion from its independent registered public accounting firm that included an explanatory paragraph related to the company's ability to continue as a going concern. This announcement is made pursuant to NYSE American LLC Company Guide, which requires public announcement of the receipt of an audit opinion containing a going concern paragraph.
KNX

Hot Stocks

16:39 EDT Knight-Swift CEO sees 'year-over-year load count growth' in 2H22 - Dave Jackson, CEO of Knight-Swift, commented, "We continue to grow and diversify our business while improving our results and achieved revenue growth and margin expansion in every segment, including recently-acquired AAA Cooper Transportation and MME, which together operated at an 85.9% Adjusted Operating Ratio during the quarter. Additionally, we expanded our network during the quarter by adding six LTL terminals, five in the Texas market and one in Las Vegas, which we will incorporate into the network in the coming quarters. Our non-truckload operations have grown to represent over 40% of our total revenue in the first quarter. We continue to see improvement in contract rates within our Truckload segment, leading to less exposure to the spot market. Logistics continues to grow load count, both through our power-only service offering and our traditional brokerage services, resulting in a Logistics gross margin of 20.2% for the current quarter. Margins within our Intermodal segment remain strong, and we anticipate year-over-year load count growth in the second half of 2022 as we build our customer base following our recent transition to the Union Pacific. Our diverse brands, economies of scale and the unique way we provide multiple service offerings position us to grow with less cyclicality and more sustainable performance."
UAL

Hot Stocks

16:36 EDT United Airlines sees FY22 adjusted CapEx $5.3B
UAL

Hot Stocks

16:35 EDT United Airlines sees Q2 capacity down 13% vs 2Q19 - Sees Q2 TRASM up roughly 17% vs 2Q19. Sees Q2 CASM-ex up roughly 16% vs 2Q19. Sees Q2 average aircraft fuel price per gallon $3.43. Sees Q2 adjusted operating margin up about 10%.
TVTX

Hot Stocks

16:34 EDT Travere Therapeutics announces plan for CFO transition - Travere Therapeutics "announced that its CFO Laura Clague, CPA, will retire after serving in this role for the past seven years. Ms. Clague will step down from the CFO position in August 2022 and will remain employed by the Company in an advisory capacity into 2023 to facilitate a smooth transition. Chris Cline, CFA, the company's current senior vice president of investor relations and corporate communications and a member of the senior leadership team, has been named Ms. Clague's successor as chief financial officer, to be effective in August 2022."
RF

Hot Stocks

16:33 EDT Regions Financial announces $2.5B share repurchase program - The Regions Financial Corporation Board of Directors authorized the repurchase of up to $2.5B of the company's common stock for the period including the second quarter of 2022 through the fourth quarter of 2024.
KAMN

Hot Stocks

16:33 EDT Kaman announces $50M share repurchase program - Kaman "announced that its Board of Directors has authorized a new stock repurchase program of up to $50 million. The company intends to purchase shares to limit future dilution from the issuance of shares under its employee stock plans. The new repurchase authorization replaces the authorization approved in April 2015."
STLD

Hot Stocks

16:32 EDT Steel Dynamics CEO sees Q2 earnings as a 'record performance' - "We remain confident that market conditions are in place for domestic steel consumption to continue to be strong this year and into 2023," said CEO Millett. "Order entry activity continues to be robust across all of our businesses. We believe steel prices will remain supported by strong demand, balanced customer inventory levels, and elevated raw material costs. We believe the automotive, industrial, and energy sectors will remain solid steel consumers this year, with demand from the construction sector at the lead. Our steel fabrication operations order backlog remains at record volume and forward pricing levels. This combined with continued robust order activity and broad customer optimism, supports strong overall demand dynamics for the construction industry. We believe this overall momentum will continue and that our second quarter 2022 consolidated earnings should represent another record quarterly performance. We believe there are strong drivers for our continued growth and remain in a position of strength. Operations continue to ramp at our new Sinton Flat Roll Steel Mill. The team has done a great job with commissioning and starting up the steel mill. Based on our current forecast, we estimate 2022 shipments to be in the range of 1.5 million tons. We are also investing approximately $500 million to build four additional value-added flat roll steel coating lines comprised of two paint lines and two galvanizing lines with Galvalume(R) coating capability, a set of which will be located onsite at our new Texas steel mill, providing our new Texas steel mill with the same diversification and higher-margin product capabilities as our two existing flat roll steel divisions. The other two lines will be placed at our Heartland Flat Roll Division located in Terre Haute, Indiana to support growing coated flat roll steel demand in the region and to further increase the diversification and cash generation capacity of our existing Midwest operations. Based on current plans, we believe these four lines will begin operating mid-2023. Our commitment is to the health and safety of our teams, families, and communities, while meeting the current and future needs of our customers. Our culture and business model continue to positively differentiate our performance from the rest of the industry. We are competitively positioned and focused to generate long-term sustainable value," concluded Millett.
PATH

Hot Stocks

16:31 EDT UiPath board approves dismissal of Grant Thornton as auditor - On April 14, 2022, the Audit Committee of the Board of Directors of UiPath "approved the dismissal of Grant Thornton LLP as the Company's independent registered public accounting firm, effective immediately. As described below, the change in independent registered public accounting firm is not the result of any disagreement with GT. GT's audit report on the Company's consolidated financial statements as of and for the years ended January 31, 2022 and January 31, 2021, did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles."
MNDT...

Hot Stocks

16:31 EDT Mandiant reports second request from DOJ in connection with Google merger review - In a regulatory filing, Mandiant (MNDT) stated that on March 21, Mandiant and Google (GOOGL) filed the Notification and Report Forms required under the HSR Act with the Department of Justice and the Federal Trade Commission related to the companies' merger agreement. On April 20, Mandiant and Google each received a request for additional information, or "second request," from the DOJ in connection with the DOJ's review of the merger. "The issuance of the second request extends the waiting period under the HSR Act until 30 days after both Mandiant and Google have substantially complied with the second request, unless the waiting period is terminated earlier by the DOJ or extended by agreement of Mandiant and Google. Mandiant and Google expect to promptly respond to the second request and to continue working cooperatively with the DOJ as it conducts its review of the Merger. Mandiant and Google currently expect the closing of the merger to occur in 2022," the filing stated.
AA

Hot Stocks

16:21 EDT Alcoa lowers projection for bauxite shipments by 2M metric tons - The company states: "On March 2, Alcoa announced it would cease buying raw materials from, or selling products to, Russian businesses. The company has made alternate plans for securing the limited number of materials purchased from Russian suppliers for the remainder of 2022 and into the future, without material financial impact. The company has decreased its projection for bauxite shipments in 2022 by 2 million dry metric tons to range between 46.0 and 47.0 million dry metric tons. Due to Alcoa's cessation of bauxite sales to Russian businesses, the company expects to slow production in its Juruti mine in Brazil by approximately 1.1 million dry metric tons. The company is also observing Russia-related changes in the Atlantic bauxite market, which may impact shipments by approximately 1 million dry metric tons."
THC

Hot Stocks

16:18 EDT Tenet reports Q1 adjusted EBITDA $888M - The company said its Q1 adjusted EBITDA exceeded its outlook range and compares to $777M in Q1 of last year. 1Q22 included a $69M gain from the sale of certain medical office buildings for net cash proceeds of $147M.
NVVE

Hot Stocks

16:18 EDT Nuvve Holding selected as collaboration partner with U.S Dept. of Energy - Nuvve Holding took part in a press event earlier led by the U.S. Department of Energy to sign a Memorandum of Understanding to work with government agencies, utilities, and electrification industry leaders to accelerate the commercialization of vehicle-to-grid, vehicle-to-building, vehicle-to-home, and other vehicle-grid integration technologies. The DOE initiated this agreement to bring together a mix of public entities and private companies to ensure the electrification of electric vehicle fleets incorporates bidirectional charging that can send power back to the grid, thereby reducing building loads, providing grid services, and creating revenue opportunities for EV owners.
VMI

Hot Stocks

16:17 EDT Valmont raises quarterly dividend by 10% to 55c per share
AAP

Hot Stocks

16:17 EDT Advance Auto Parts, L.A. Dodgers announce exclusive partnership - Advance Auto Parts and MLB's Los Angeles Dodgers announced an exclusive partnership, with Advance becoming the team's official auto parts retailer. Through the agreement, Advance will have a presence on in-stadium signage for all 2022 regular season home games. The Dodgers' marks will be represented in Advance stores throughout the Los Angeles market. "Our goal is to align with winning organizations that share our commitment to serving communities," said Jason McDonell, Advance's executive vice president of merchandising, marketing and e-Commerce. "The Dodgers have a longstanding tradition of excellence on the field and in the L.A. community and their fans are passionate about caring for their vehicles, making this partnership a home run. We look forward to serving L.A. area fans with quality parts and winning service while cheering the Dodgers as they look to advance towards another world championship."
GPRE

Hot Stocks

16:16 EDT Green Plains announces yields from Wood River biorefinery - Green Plains announced that product and technology innovation efforts have led to the production of greater than 60% protein concentrations with yields as high as four pounds per bushel at its Wood River, Nebraska, biorefinery, using the patented Fluid Quip Technologies MSC system. The breakthrough was accomplished through a full-scale production changeover across the entire plant's fermentation and production processes. Modifications for the trial also resulted in record-high low-carbon renewable corn oil yields of up to 1.4 pounds per bushel, further expanding the company's ability to supply a strategic feedstock to the fast-growing renewable diesel market.
FCPT

Hot Stocks

16:14 EDT Four Corners Property Trust acquires Fresenius Medical Care for $3.4M - Four Corners Property is pleased to "announce the acquisition of a Fresenius Medical Care property for $3.4M. The property is located in North Carolina and is corporate-operated under a net lease with 5 years of term remaining. The transaction was priced at a 6.2% going-in cash capitalization rate, exclusive of transaction costs."
BG

Hot Stocks

16:13 EDT Bunge announces external volume reporting changes - Bunge announced that, beginning in the first quarter of 2022, it changed its methodology for externally reported volumes to simplify and more closely align volume reporting with Bunge's primary income-generating activities and those of industry peers. The primary change comprises the elimination of grains and oilseeds origination volumes. Volumes will now be reported as follows: Processing volumes represent oilseed volumes crushed (processed) during a period, which approximate sales volumes to third parties during the same period; Merchandising volumes represent sales volumes to third party customers; Refined and Specialty Oils segment volumes represent sales volumes to third party customers; Milling segment volumes represent feedstock ground (processed) during a period, which approximate sales volumes during the same period. No volumes will be reported for either the company's Sugar and Bioenergy segment, which primarily comprises Bunge's net earnings from its 50% interest in the BP Bunge Bioenergia joint venture, or for the company's Corporate and Other activities, which have no material revenue-generating activities. In conjunction with this change, certain prior year amounts have been recast to conform to the new volumes reporting methodology. The new reporting methodology has no impact on previously issued financial statements and footnotes.
AA

Hot Stocks

16:12 EDT Alcoa backs 2022 alumina and aluminum shipments guidance - The company "expects total alumina and aluminum shipments to remain unchanged between 14.2M and 14.4M metric tons, and between 2.5 and 2.6 million metric tons, respectively. For the second quarter 2022, based on current prices, Alcoa expects both alumina and aluminum realized third-party prices to be higher than the first quarter, with that benefit partly offset by approximately $115 million of higher energy and raw materials costs. Higher shipments sequentially are expected to more than offset remaining cost pressures and other factors. Based on current alumina and aluminum market conditions, the company expects second quarter tax expense to approximate $220 million to $230 million, which may vary with market conditions and jurisdictional profitability."
SLG

Hot Stocks

16:12 EDT SL Green Realty buys 450 Park Avenue for $445M from Oxford - SL Green Realty announced that it has entered into a contract to purchase 450 Park Avenue for $445.0 million from Oxford Properties. The transaction is expected to close in the second quarter, subject to customary closing conditions. Ideally located at the prestigious corner of 57th Street and Park Avenue, 450 Park Avenue is a prominent 33-story Class A tower designed by Emery Roth & Sons, totaling 337,000 square feet of luxury office and prime retail space. Offering sweeping views of the Midtown Manhattan skyline, the property is home to several high-end boutique financial services and luxury tenants, including Banco Bradesco, BDT Capital Partners and Oxford Properties. In addition, the coveted corner retail location will soon be home to Aston Martin's first ever Manhattan showroom. As part of its planned capital investment plan, SL Green will develop a new amenity offering, providing high-quality, tailored programs and services for building tenants.
NRGV

Hot Stocks

16:12 EDT Energy Vault names David Hitchcock interim CFO - Energy Vault Holdings announced the appointment of David Hitchcock, interim Chief Financial Officer, and Kevin Keough, Senior Vice President of Corporate Development. "I am pleased to welcome both David and Kevin to the Energy Vault team. David brings deep public company CFO, transactional and operational finance experience as we build out our global financial support and infrastructure teams across multiple continents. Kevin has an tremendous track record of successful M&A transactions within proven value creation frameworks and post intergration results during his time at Danaher, and will play an important role in Energy Vault's strategic growth initiatives in a very dynamic market," said Robert Piconi, Chairman, Co-Founder and CEO of Energy Vault.
TSLA

Hot Stocks

16:09 EDT Tesla repeats call to grow manufacturing capacity 'as quickly as possible' - Tesla said: "We plan to grow our manufacturing capacity as quickly as possible. Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries. The rate of growth will depend on our equipment capacity, operational efficiency and the capacity and stability of the supply chain. Our own factories have been running below capacity for several quarters as supply chain became the main limiting factor, which is likely to continue through the rest of 2022. We have sufficient liquidity to fund our product roadmap, long-term capacity expansion plans and other expenses. While we continue to execute on innovations to reduce the cost of manufacturing and operations, over time, we expect our hardware-related profits to be accompanied with an acceleration of software-related profits. The pace of production ramps in Austin and Berlin will be influenced by the successful introduction of many new product and manufacturing technologies in new locations and ongoing supply chain related challenges. Factory ramps take time, and Gigafactory Austin and Gigafactory Berlin-Brandenburg will be no different. We are making progress on the industrialization of Cybertruck, which is currently planned for Austin production subsequent to Model Y ramp."
TSLA

Hot Stocks

16:07 EDT Tesla says challenges around supply chain have 'remained persistent' - Tesla said in its quarterly update letter: "Challenges around supply chain have remained persistent, and our team has been navigating through them for over a year. In addition to chip shortages, recent COVID-19 outbreaks have been weighing on our supply chain and factory operations. Furthermore, prices of some raw materials have increased multiple-fold in recent months. The inflationary impact on our cost structure has contributed to adjustments in our product pricing, despite a continued focus on reducing our manufacturing costs where possible."
KMI

Hot Stocks

16:07 EDT Kinder Morgan raises quarterly dividend 3% to 27.75c per share - The dividend is payable on May 16, 2022, to stockholders of record as of the close of business on May 2, 2022.
TCBI

Hot Stocks

16:05 EDT Regulatory ratios in excess of 'well-capitalized' requirements as of March 31 - All regulatory ratios continue to be in excess of "well-capitalized" requirements as of March 31. Our CET 1, tier 1 capital, total capital and leverage ratios were 11.5%, 13.0%, 15.7% and 9.9%, respectively, at March 31, 2022, compared to 11.1%, 12.6%, 15.3% and 9.0%, respectively, at December 31, 2021 and 10.2%, 12.2%, 14.0% and 8.3% at March 31, 2021. At March 31, 2022, our ratio of tangible common equity to total tangible assets was 8.9%, compared to 8.3% at December 31, 2021 and 6.7% at March 31, 2021.
VRM

Hot Stocks

15:16 EDT Texas AG files deceptive trade practices lawsuit against Vroom - Texas Attorney General Ken Paxton filed a deceptive trade practices lawsuit against the online used vehicle dealer Vroom Automotive LLC and Vroom Inc., which also sells cars to Texas consumers under the name Texas Direct Auto. The lawsuit alleges that Vroom has misrepresented and failed to disclose significant delays in transferring clear title and obtaining vehicle registrations, burdening thousands of consumers. The State also alleges that Vroom has misrepresented and failed to disclose vehicle history and condition and terms of financing and approval-all violations of the Texas Deceptive Trade Practices Consumer Protection Act. According to the lawsuit, Vroom has not managed its growth effectively, leading to inadequate systems and procedures that have harmed Texas consumers. Over the last three years, consumers have filed over 5,000 complaints with both the Better Business Bureau and the Office of the Attorney General against Vroom and Texas Direct Auto.
RAD

Hot Stocks

15:02 EDT Rite Aid higher after resumption, up 33% after Post report of rejected bid - Shares of Rite Aid are up $2.42, or 33%, to $9.82 after The New York Post's Josh Kosman reported that private-equity firm Spear Point Capital Management made an offer to buy the drug store chain on March 30 for $14.60 a share, or $815M, but was turned down.
RAD

Hot Stocks

14:59 EDT Rite Aid trading resumes
RAD

Hot Stocks

14:58 EDT Rite Aid up 16%, halted for volatility after Post reports takeover bid rejected
RAD

Hot Stocks

14:54 EDT Rite Aid trading halted, volatility trading pause
VIV

Hot Stocks

14:20 EDT Telefonica Brasil trading resumes
CNI...

Hot Stocks

13:58 EDT North American rail traffic fell 7.5% for the week ending April 16 - The Association of American Railroads, AAR, reported U.S. rail traffic for the week ending April 16. For this week, total U.S. weekly rail traffic was 489,801 carloads and intermodal units, down 8.1% compared with the same week last year. Total carloads for the week ending April 16 were 221,228 carloads, down 6.8% compared with the same week in 2021, while U.S. weekly intermodal volume was 268,573 containers and trailers, down 9.2% compared to 2021. North American rail volume for the week ending April 16 on 12 reporting U.S., Canadian and Mexican railroads totaled 319,064 carloads, down 6.8% compared with the same week last year, and 354,060 intermodal units, down 8.1% compared with last year. Total combined weekly rail traffic in North America was 673,124 carloads and intermodal units, down 7.5%. North American rail volume for the first 15 weeks of 2022 was 9,987,458 carloads and intermodal units, down 3.9% 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), Trinity Industries (TRN), Greenbrier (GBX), Wabtec (WAB), FreightCar America ((RAIL), Union Pacific (UNP) and GATX (GATX). Reference Link
JMIA

Hot Stocks

13:51 EDT Jumia jumps 2% to $8.55 after Citron tweet on China partnership
VIV

Hot Stocks

13:40 EDT Telefonica Brasil trading halted, news pending
TIMB

Hot Stocks

13:31 EDT TIM SA trading resumes
TIMB

Hot Stocks

13:20 EDT Tim SA completes acquisition of Oi's mobile operation assets - TIM, Telefonica Brasil S.A. and Claro S.A., after complying with the previous conditions established by the Administrative Council for Economic Defense, or CADE, and by the National Telecommunications Agency, or ANATEL, announce they have concluded the process of acquiring the mobile operation assets of Oi Movel S.A.. With the conclusion of the transaction, TIM now holds 100% of the share capital of Cozani RJ Infraestrutura e Rede de Telecomunicacoes S.A. that corresponds to part of the assets, rights and obligations unit of Oi Movel acquired by the company. The price for 100% of the shares of SPE Cozani, after all the adjustments provided for in the share purchase agreement, is R$6.98B, including an expected net cash position in SPE Cozani of R$51.14M as of today, Tim SA stated in a regulatory filing. "With the closing of the transaction, TIM takes a big step on the national scene, finally being able to compete in a balanced way with its main competitors with regard to its infrastructure and geographic representation of its customer base and with the expectation of significant creation of value for its shareholders," the company added.
TIMB

Hot Stocks

13:03 EDT TIM SA trading halted, news pending
VUZI

Hot Stocks

12:57 EDT Vuzix announces follow-on order from 'major U.S. defense contractor' - Vuzix announced it has received a "low six figure dollar" follow-on order for additional customized waveguide-based head-worn AR display engines from "a major US defense contractor." The company said it "expects further NREs in subsequent phases before a customer accepted final product design would lead to an eventual production program order." Paul Travers, President and CEO of Vuzix, added: "We are very pleased with the progress we continue to make with this major US defense contractor as we pursue an ultimate production opportunity with them. OEM custom waveguide-based projects such as this represent a profitable vehicle for leveraging our extensive optical expertise and IP and we look forward to announcing further developments with this firm as this project proceeds."
NVAX

Hot Stocks

12:45 EDT Novavax says Phase 1/2 data shows combination vaccine feasible - Novavax announced initial results from the Phase 1/2 clinical trial of its COVID-Influenza Combination Vaccine. The trial Novavax's COVID-19 vaccine, NVX-CoV2373, and its quadrivalent influenza vaccine candidate. The CIC trial "demonstrated that formulating the combination vaccine is feasible, well-tolerated and immunogenic," the company said in a statement. "We continue to evaluate the dynamic public health landscape and believe there may be a need for recurrent boosters to fight both COVID-19 and seasonal influenza," said Gregory Glenn, President of Research and Development, Novavax. "We're encouraged by these data and the potential path forward for a combination COVID-19-influenza vaccine as well as stand-alone vaccines for influenza and COVID-19." The safety and tolerability profile of the combination vaccine was consistent with the stand-alone NVX-CoV2373 and quadrivalent nanoparticle influenza vaccine reference formulations in the trial, according to Novavax. The combination vaccine was found to be generally well tolerated. Serious adverse were rare and none were assessed as being related to the vaccine. Both protein-based vaccines used in the trial were formulated with the patented saponin-based Matrix-M adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies. "These data support advancement to a Phase 2 confirmation trial, expected to begin by the end of 2022," the company added.
DIS...

Hot Stocks

12:16 EDT Sega says remastered 'Sonic the Hedgehog' collection out June 23, 2022 - Sega (SGAMY) announced that "Sonic Origins," a collection of remastered "Sonic the Hedgehog" games, will be available June 23, 2022 on Nintendo Switch (NTDOY), PlayStation 4 (SONY), PS5, Xbox One (MSFT), Xbox Series X/S, Steam, and the Epic Games Store. Investors in Epic include Tencent (TCEHY), KKR (KKR), Disney (DIS), and Sony. Reference Link
SON

Hot Stocks

12:02 EDT Sonoco Products boosts quarterly dividend to 49c from 45c - The board of Sonoco increased its quarterly common stock dividend by 9% to 49c per share from the previous quarterly distribution of 45c per share. This new dividend will be paid on June 10, to shareholders of record as of May 10. With the increase, Sonoco's annual dividend payout moves to $1.96 per share from $1.80 per share. Based on the closing price of Sonoco's common stock on April 19, the company's dividend provides approximately a 3.0% yield. "Sonoco's objective is to be the benchmark company for yield and stability in the packaging industry. Today's announced dividend increase is an illustration of this strategy as well as our anticipation for strong financial performance going forward," CEO Howard Coker said. "We will continue to invest in ourselves to strengthen our core Consumer and Industrial businesses, while remaining aligned with returning value to our shareholders."
SHOP

Hot Stocks

12:00 EDT Shopify falls -9.6% - Shopify is down -9.6%, or -$58.16 to $547.47.
HLLY

Hot Stocks

12:00 EDT Holley falls -9.9% - Holley is down -9.9%, or -$1.38 to $12.49.
RBLX

Hot Stocks

12:00 EDT Roblox falls -12.2% - Roblox is down -12.2%, or -$5.13 to $36.87.
LLAP

Hot Stocks

12:00 EDT Terran Orbital rises 15.3% - Terran Orbital is up 15.3%, or 76c to $5.74.
CHRA

Hot Stocks

12:00 EDT Charah Solutions rises 20.4% - Charah Solutions is up 20.4%, or 71c to $4.19.
ULTR

Hot Stocks

12:00 EDT Ultrapetrol rises 0.1% - Ultrapetrol is up 0.1%, or 04c to $48.10.
SRCL

Hot Stocks

11:26 EDT Stericycle confirms anti-corruption resolutions with DOJ, SEC - Stericycle said it has consented to the SEC's cease-and-desist order that it violated the anti-bribery, books and records, and internal accounting controls provisions of the FCPA, and agreed to pay approximately $28.2M in disgorgement and prejudgment interest. The SEC's order provides for an offset of up to approximately $4.2M of any disgorgement paid to Brazilian authorities. Therefore, the company's minimum payment to the SEC would be approximately $24M. Stericycle must also retain an independent corporate monitor for two years followed by one year of self-reporting. As part of the resolutions, Stericycle entered into a Deferred Prosecution Agreement with the DOJ and agreed to an administrative order with the SEC. No further enforcement action will be taken against Stericycle by the DOJ and SEC if, for a period of three years, the company meets the obligations it assumed as part of the resolutions. Stericycle will also engage an independent compliance monitor for two years, after which the company will self-report to the U.S. agencies on its compliance with the agreements for an additional year. "Resolving this legacy matter represents another important milestone in Stericycle's business transformation journey," said Cindy J. Miller, president and CEO at Stericycle. "Over the past several years, we have focused on fully remediating the issues identified during the investigation. This includes instituting new policies, procedures and internal controls and building a culture of compliance, integrity and accountability that aligns with our core values across our entire global operation."
VZ WBD

Hot Stocks

11:20 EDT Verizon announces HBO Max joins +play - Verizon (VZ) announced that Warner Bros. Discovery's (WBD) HBO Max has joined as a partner in +play, which Verizon calls its "innovative new platform that will allow users to discover, purchase and manage some of their favorite subscriptions - all in one place." Verizon added: "The platform, which already has over 20 streaming services available ahead of its commercial launch, will also allow users to learn more about exclusive deals and offerings for content services. The cutting-edge hub will give Verizon customers access to the best content and experiences built on the best network - all while strengthening Verizon's strategy of providing customers with choice: choice connectivity, choice of device and now, choice of content and digital services - all managed in one place. The platform is currently in early trials and will be available to Verizon customers at no additional cost later this year."
DWAC

Hot Stocks

11:09 EDT Trump-linked SPAC Digital World falls after Kerrisdale short report - Kerrisdale Capital announced in a tweet and associated report that it is short Digital World Acquisition (DWAC), the blank-check company that has agreed to a deal to bring former president Donald Trump's Truth Social public, citing a belief that the special purpose acquisition company will "never secure regulatory approval to close its proposed merger" with Trump Media & Technology Group. With the SEC is cracking down on SPACs, Kerrisdale calls Digital World "a poster child for some of the worst abuses the investment vehicle has spawned." The short seller contends: "Not only is $DWAC and TMTG high-profile, but the deal involves a repeat offender. $DWAC's sponsor is an obscure Chinese firm that has seen three of its shell companies killed by the SEC in the past." In addition, the firm said it believes Digital World has "made repeated misleading statements" in its S-1 statements that "cannot be easily remedied" and "violated the very essence of what makes a blank check company 'blank' by holding substantive discussions with TMTG long before its IPO." In morning trading, shares of the SPAC have fallen $3.10, or 6%, to $45.71. Reference Link
DWAC

Hot Stocks

11:04 EDT Digital World Acquisition SPAC down 8% after being named a short by Kerrisdale
TSN

Hot Stocks

11:03 EDT Tyson Foods breaks ground on childcare facility for Tennessee team members - Tyson Foods broke ground on a new childcare facility at its Humboldt, Tennessee poultry processing plant, that will provide greater access to affordable childcare for frontline team members employed at the facility. The on-site childcare and learning facility is a pilot project that represents the most recent commitment by the company to support its team members and become the most sought-after place to work. The $3.5M Humboldt childcare facility, expected to be operational in 2023, will support up to 100 children, five years of age and younger, and employ a staff of 18. Called Tyson Tykes, it will be operated as an early childhood learning center by KinderCare and subsidized by the company to lower the cost for Tyson team members.
RPTX

Hot Stocks

11:02 EDT Repare Therapeutics announces publication of preclinical data on RP-6306 - Repare Therapeutics announced that preclinical data demonstrating inhibition of CCNE1-amplified tumor growth in vivo by selective inhibition of PKMYT1 using RP-6306, a first-in-class small molecule candidate targeting PKMYT1, were published in Nature. SNIPRx, Repare's proprietary, genome-wide, CRISPR-based screening approach, was used to uncover CCNE1 amplification as synthetic lethal to PKMYT1 inhibition. Phase 1 clinical trials are currently evaluating RP-6306 as a monotherapy as well as in combination with gemcitabine for the treatment of molecularly selected advanced solid tumors. The Company recently initiated an additional Phase 1 MINOTAUR clinical trial of RP-6306 in combination with FOLFIRI also for the treatment of molecularly selected advanced solid tumors. This work is the result of a long-standing collaboration between Repare Therapeutics and the laboratory of Daniel Durocher, PhD, a Senior Investigator at the Lunenfeld-Tanenbaum Research Institute, part of Sinai Health, in Toronto, Canada Dr. Durocher is also a Professor in the Department of Molecular Genetics at the University of Toronto. Work on CCNE1 in the Durocher laboratory was led by David Gallo, PhD, now a Senior Scientist at Repare and was financially supported by Repare Therapeutics and the Canadian Institutes of Health Research.
SRCL

Hot Stocks

11:00 EDT Stericycle charged by SEC with bribery schemes in Latin America - The Securities and Exchange Commission announced charges against Stericycle, Inc. for violations of the Foreign Corrupt Practices Act arising out of bribery schemes that took place in Argentina, Brazil, and Mexico. The company has agreed to pay more than $84M to settle parallel civil and criminal charges related to these schemes, including nearly $28.2M to settle the SEC's charges. The SEC's order finds that Stericycle, a provider of medical waste and other services in 16 countries worldwide, paid millions of dollars in bribes to obtain and maintain business from government customers in Brazil, Mexico, and Argentina from at least 2012 to 2016. Stericycle consented to the SEC's cease-and-desist order that it violated the anti-bribery, books and records, and internal accounting controls provisions of the FCPA, and agreed to pay approximately $28.2M in disgorgement and prejudgment interest. The SEC's order provides for an offset of up to approximately $4.2M of any disgorgement paid to Brazilian authorities. Therefore, the company's minimum payment to the SEC would be approximately $24M. Stericycle must also retain an independent corporate monitor for two years followed by one year of self-reporting.
IONKF

Hot Stocks

10:33 EDT YourWay Cannabis Brands to acquire Ionic Brands - YourWay Cannabis Brands and Ionic Brands are pleased to announce that they have entered into a definitive arrangement agreement on April 20, 2022 pursuant to which YourWay will acquire all of Ionic Brands' issued and outstanding common shares, including all Ionic Brands' Shares issuable on conversion of Ionic Brands' issued and outstanding preferred shares in accordance with the terms thereof. Pursuant to the terms of the Arrangement Agreement, Ionic Brands shareholders will receive 0.0525 of a YourWay common share in exchange for each Ionic Brands Share held. The Transaction provides Ionic Brands shareholders with a premium per Ionic Share of approximately 21% based on the closing price of the YourWay common shares on the Canadian Securities Exchange as of April 19, 2022 and the 10-day volume weighted average price of the Ionic Brands Shares on the CSE for the period between April 6, 2022 and April 19, 2022. The arm's length Transaction is expected to provide several benefits to both YourWay and Ionic Brands shareholders. Notably, following completion of the Transaction, YourWay will possess a strengthened brand portfolio including one of Washington's leading brands, which is expected to enable broader market penetration. YourWay and Ionic Brands anticipate post-Transaction cost synergy opportunities as the combined company optimizes and integrates operations and shared services. The Transaction will be effected by way of a court-approved plan of arrangement under the Business Corporations Act and will require the approval of: 66 2/3% of the votes cast by the holders of Ionic Brands Shares and the Series D preferred shares of Ionic Brands, voting together as a single class, on the Transaction, a simple majority of the votes cast by the holders of Ionic Brands Shares and the Series D preferred shares of Ionic Brands, voting as a single class after excluding any votes of "related parties" and "interested parties" and other persons required to be excluded under Canadian Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, on the Transaction, 66 2/3% of the votes cast by the holders of the Series D preferred shares of Ionic Brands on an amendment to the articles of Ionic in order to remove the dividend entitlement for the holders of the Series D preferred shares, and 66 2/3% of the votes cast by the holders of the Series E preferred shares of Ionic Brands on an amendment to the articles of Ionic in order to remove the dividend entitlement for the holders of the Series E preferred shares, all at a special meeting to consider the Transaction expected to take place in June 2022. YourWay has entered into voting support agreements with certain of Ionic Brands' directors, officers and significant shareholders, together holding at least 21.66% of the outstanding Ionic Brands Shares and Series D preferred shares of Ionic Brands, approximately 70.57% of the outstanding Series D preferred shares of Ionic Brands, and 100% of the outstanding Series E preferred shares of Ionic Brands, pursuant to which they have agreed, among other things, to vote their shares in favour of the Transaction, the Series D Amendment and the Series E Amendment, as applicable. In addition to shareholder and court approvals, the Transaction is subject to applicable regulatory approvals including, but not limited to, CSE approval and the satisfaction of certain other closing conditions, including the Series D Amendment, the Series E Amendment and various amendments to the terms of Ionic Brands outstanding convertible debentures. The Arrangement Agreement includes customary provisions, including non-solicitation, "fiduciary out" and "right to match" provisions as well as a termination fee payable by Ionic Brands to YourWay in certain specified circumstances. Assuming timely receipt of all necessary court, shareholder, regulatory and other third-party approvals and the satisfaction of all other conditions, closing of the Transaction is expected to occur in the third quarter of 2022
IPG

Hot Stocks

10:32 EDT Interpublic Group acquires stake in The Famous Group - Interpublic Group has acquired a stake in The Famous Group, a fan experience technology company based in Los Angeles. IPG said: "The Famous Group, founded in 1997, is an innovator in the creation of mixed and augmented reality experiences for live events. The company has partnered with many of the world's most iconic live event organizations to create unforgettable moments, including the NFL, NBA, NHL, Nickelodeon, WWE, and others. The Famous Group has also worked with some of the world's most recognizable consumer brands, including Verizon, Nike, and others." With this investment, The Famous Group will partner across the IPG portfolio to "create immersive, interactive experiences for clients and media partners through its innovative technology solutions." While The Famous Group will continue to operate under its agency name and retain its ability to work independently with existing and future clients, it will be aligned with Momentum Worldwide. Montminy & Co. served as advisors to TFG. Terms of the transaction were not disclosed.
CMS

Hot Stocks

10:18 EDT CMS Energy, key stakeholders reach settlement agreement on Clean Energy Plan - Consumers Energy and key stakeholders throughout Michigan have agreed on a settlement related to the company's Clean Energy Plan, a sweeping proposal to stop using coal as a fuel source for electric generation by 2025. The agreement, which requires regulatory approval, includes a broad coalition of customer groups, environmental organizations, the Michigan Public Service Commission staff, energy industry representatives, and the Michigan Attorney General and provides a 20-year blueprint to meet Michigan's energy needs while protecting the environment for future generations. Consumers Energy updated its original 2018 Clean Energy Plan by including the pledge to accelerate the elimination of coal to 2025, among other benefits to customers and environment in its 2021 Clean Energy Plan, filed with the MPSC last June. The settlement agreement supporting Consumers Energy's plan comes after more than a year of listening to key stakeholders' ideas and input. The next step in the process is for the MPSC to review the settlement agreement. The settlement includes: COAL PLANT RETIREMENTS BY 2025: closes all three units at the J.H. Campbell coal plant in West Olive, Michigan in 2025 in addition to two units at the D.E. Karn coal plant in 2023 and will be among the first utilities in the nation to go coal-free by 2025. RISE OF SOLAR: continues the rapid transition to clean, renewable sources by adding nearly 8,000 megawatts of solar power by 2040 ensuring 60 percent of our capacity comes from clean sources. BATTERY DEPLOYMENT: accelerates energy storage from 2030 to 2024 with a total of 75 MW of energy storage by 2027, achieving 550 MW by 2040. SYSTEM RELIABILITY: ensures supply reliability through the purchase of the Covert Generating Station in Van Buren County, a natural gas-fired power plant. AFFORDABLE ENERGY: creates price stability and helps customers save an estimated $600 million dollars through 2040 compared to the 2018 Clean Energy Plan. Consumers Energy would also continue its successful energy waste reduction programs that have saved customers more than $4 billion since 2009. In addition, the company has committed to continue to fund utility bill assistance programs for low-income customers.
VTR

Hot Stocks

10:16 EDT Ventas says Glass Lewis recommends shareholders vote for directors - Ventas announced that Glass, Lewis & Co. has recommended that shareholders vote "FOR ALL" of Ventas's 11 directors on the WHITE proxy card in advance of the upcoming Annual Meeting of Stockholders to be held on April 27, 2022. Glass Lewis and Institutional Shareholder Services, have now recommended shareholders reject Land & Buildings' proxy campaign, in which it is seeking to force the removal of Ventas's Presiding Director from the Company's Board. In commenting on Ventas's highly qualified Board, multiyear refreshment process and its determination that support for Land & Buildings is not warranted, Glass Lewis noted: "When comparing the experience and qualifications of the two opposing director nominees, we believe Mr. Shelton's executive and operational experience in the healthcare sector - including at hospitals and medical office buildings, which comprise a large portion of Ventas' portfolio - remains a critical asset for Ventas as it emerges from the pandemic and navigates ongoing challenges in the operational and macro environment. Therefore, we do not consider it to be in the best interests of Ventas shareholders to elect Mr. Litt at the cost of displacing Mr. Shelton from the board...Since 2019, the board has appointed four new directors, including Mr. Embler this year, and since 2018, two longer-tenured directors have retired, including Mr. Gellert this year. We note the Company's refreshment process has also resulted in enhanced diversity of directors not only in terms of race and gender but also thought and perspective...The board's appointment of Mr. Embler, who has significant experience as an institutional investor, including in the REIT space, and who has served on several public company boards, including a REIT, should help to ensure that improving investor relations is a top priority in the boardroom. While L&B protests Mr. Embler's appointment as a defensive move to block Mr. Litt's candidacy, in our view, Mr. Embler is objectively the better candidate for the Ventas board at this time, given the Company's circumstances and the board's needs and stated criteria for new directors...The Ventas board has not been sitting on its hands and, in our view, appears to be taking appropriate action to address identified concerns. In addition to the board refreshment that began in 2018, Ventas appointed new leadership in its senior housing business at the start of 2020, just before the pandemic took hold. This led to strategic changes such as diversifying the operators that Ventas partners with to run its senior housing properties."
LKQ

Hot Stocks

10:05 EDT LKQ Corp. completes sale of PGW Auto Glass for $362M - LKQ Corporation announced that it has completed its previously announced agreement to sell PGW Auto Glass to One Equity Partners. The sale price was $362M, subject to customary post-closing purchase price adjustments. LKQ will report the financial information for the PGW glass distribution business through the April 18, 2022 closing date in the continuing operations section of its financial statements. PGW generated almost $400M of revenue and its EBITDA margin was approximately 10% in 2021. BofA Securities acted as financial advisor to LKQ Corporation on this transaction.
TJX

Hot Stocks

10:03 EDT TJX plans to achieve net zero emissions in operations by 2040 - The TJX Companies announced plans to expand and accelerate environmental goals as part of the Company's ongoing environmental sustainability strategy. As part of its global efforts, TJX is aiming to: Achieve net zero greenhouse gas emissions in its operations by 2040; Source 100% renewable energy in its operations by 2030; Divert 85% of its operational waste from landfill by 2027; Shift 100% of the packaging for products developed in-house by its product design team to be reusable, recyclable, or contain sustainable materials by 2030.
GE

Hot Stocks

10:01 EDT GE Digital says Petroleum Development Oman purchases AEMS - GE Digital announced that Petroleum Development Oman has purchased Advanced Energy Management System. The GE Digital software is designed to enable PDO to plan, control, and optimize renewable power generation to help keep its oil production plants operating reliably and efficiently.
CMCSA CMCSK

Hot Stocks

10:01 EDT Comcast announces $1M investment in Backstage Capital - Comcast announced a $1M investment in Backstage Capital to support underrepresented founders at the earliest stages. Comcast said: "Driven by Comcast NBCUniversal's Startup Engagement team, this financial commitment will go toward Backstage Capital's Opportunity Fund, which exclusively funds and champions early stage startups led by women, people of color, and/or LGBTQ+ founders. This commitment makes Comcast one of the largest investors in the fund to date."
SPOT

Hot Stocks

10:00 EDT Spotify falls -8.7% - Spotify is down -8.7%, or -$11.94 to $125.47.
HLLY

Hot Stocks

10:00 EDT Holley falls -9.2% - Holley is down -9.2%, or -$1.27 to $12.60.
RBLX

Hot Stocks

10:00 EDT Roblox falls -11.8% - Roblox is down -11.8%, or -$4.96 to $37.04.
CANO

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10:00 EDT Cano Health rises 10.5% - Cano Health is up 10.5%, or 51c to $5.35.
CHRA

Hot Stocks

10:00 EDT Charah Solutions rises 10.9% - Charah Solutions is up 10.9%, or 38c to $3.86.
ULTR

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10:00 EDT Ultrapetrol rises 96100.0% - Ultrapetrol is up 96100.0%, or $48.05 to $48.10.
GLOB

Hot Stocks

09:59 EDT Globant acquires low-code platform GeneXus, terms not disclosed - Globant announced that it has entered into a definitive agreement to acquire GeneXus, a company that developed a low-code platform extensively used in several industries. With this operation, Globant became one of the first leading digital players to invest in a low-code platform as a tool to deliver faster and high-quality digital transformation. GeneXus will also strengthen the offering of Globant X, a dedicated group in charge of productizing the Company's most transformative tech into scalable platforms. The company said, "With over 30 years in the market and being used by 1,700+ companies in Latin America and Asia, GeneXus is a solid product that offers a world-class low-code platform enriched with Artificial Intelligence features in a friendly tool to create, develop and maintain end-to-end solutions ready to run in all sorts of devices." Founded in Uruguay in 1988, with 150+ professionals, GeneXus has developed a client portfolio which includes large well-reputed corporations as Mitsubishi Electric, Itau, Honda, Pan American Energy, and TV Azteca, among others, in key industries such as Financial Services, Retail, and Industrial & Manufacturing. Nicolas Jodal, CEO and Co-Founder of GeneXus, and his team will join Globant to continue expanding GeneXus globally. Completion of this transaction is subject to regulatory approvals and other customary closing conditions.
ABT

Hot Stocks

09:57 EDT Abbott says seeing more Covid tests, sales - Says seeing "good growth internationally" from Freestyle Libre. Expects base business to "perform very strongly" in 2023. Says always considers M&A, but it needs to be strategic.
SOXS

Hot Stocks

09:47 EDT Direxion Daily Semiconductor Bear 3X Shares falls -6.2% - Direxion Daily Semiconductor Bear 3X Shares is down -6.2%, or -$2.90 to $44.12.
SPOT

Hot Stocks

09:47 EDT Spotify falls -7.4% - Spotify is down -7.4%, or -$10.10 to $127.31.
HLLY

Hot Stocks

09:47 EDT Holley falls -8.0% - Holley is down -8.0%, or -$1.11 to $12.76.
GRN

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09:47 EDT General Re Corporation rises 7.7% - General Re Corporation is up 7.7%, or $2.43 to $33.88.
CANO

Hot Stocks

09:47 EDT Cano Health rises 10.3% - Cano Health is up 10.3%, or 50c to $5.34.
WFG

Hot Stocks

09:47 EDT West Fraser Timber rises 10.3% - West Fraser Timber is up 10.3%, or $8.25 to $88.47.
ALVR

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09:44 EDT AlloVir trading resumes
ALVR

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09:39 EDT AlloVir trading halted, volatility trading pause
CGAU

Hot Stocks

09:34 EDT Kootenay signs option agreement with Centerra Gold for Copley property - Kootenay Resources is pleased to announce the signing of an option agreement with a wholly owned subsidiary of Centerra Gold, whereby Centerra is granted an option to earn a 70% interest in the Copley property located in the Nechako Plateau of Central British Columbia. A total of C$4 million in exploration expenditures and C$400,000 in cash payments must be incurred and made over a four-year period for Centerra to earn a 70% interest. The first year requires a work expenditure with a minimum commitment of $250,000. Upon the fulfillment of these conditions, the two companies will enter a standard joint venture agreement with Kootenay retaining a 30% interest, and funding of further work will be done on a pro rata basis amongst the joint venture partners. The Copley property is host to a large area of gold mineralization along a 6.5 km long trend. Key features include: Potential to host a Blackwater-type depositl 6.5x1.5 km EW belt of late-Cretaceous rhyolitic flow domes and diatreme rocks; Large zones of argillic, silicic, and sulphidic alteration related to magnetic-lows; Surface grab samples and channel samples with multigram Au associated with high Mo, As, Sb, Hg, Ba, Zn, Pb, Cu; Drilling in 2010/2011 at Smoking Pipe intersected 9.27 g/t Au over 2 m with several broad lower grade intervals such as 1.5 g/t Au over 11 m, 0.87 g/t Au. Over 11.87 m and 0.27 g/t Au over 33 m.
ATOS

Hot Stocks

09:31 EDT Atossa Therapeutics completes Part B of clinical study of AT-H201 - Atossa Therapeutics announces it has completed enrolling participants in Part B of its Phase 1/2a clinical study of AT-H201 in Australia, consisting of multiple ascending dose cohorts in healthy participants. AT-H201 is being developed as an inhalation therapy for moderately to severely ill hospitalized COVID-19 patients and for "long-haul" patients with post-infection pulmonary disease. The Phase 1/2a placebo-controlled study will enroll a total of 60 healthy participants and moderately-ill hospitalized COVID-19 patients. The study has four parts: Part A - a single ascending dose part; Part B - a multiple ascending dose part; Part C - a combination part in healthy individuals; and Part D - a combination in COVID-19 infected patients. Parts A, B and C of the study are being conducted by Avance Clinical Pty Ltd., a leading Australian clinical research organization. Commencing Parts C and D of the study is subject to additional approvals from the Australian Human Research Ethics Committee. AT-H201 is a proprietary combination of two drugs previously approved by the FDA to treat other diseases and by other administration routes. AT-H201 is intended to be inhaled via nebulizer to improve compromised lung function for moderately to severely ill, hospitalized COVID-19 patients, and for "long-haul" patients with post-infection pulmonary disease. In May 2020, we completed in vitro testing of AT-H201, which showed that the components of AT-H201 inhibit SARS-CoV-2 infectivity of VERO cells, a standard cell type being used to study infectivity of the coronavirus. The Phase 1/2a study in Australia and other clinical studies must be successfully completed and regulatory approvals must be obtained before AT-H201 may be commercialized. No assurance can be given that studies will be successful or that regulatory approvals will be obtained.
BWV

Hot Stocks

09:26 EDT Blue Water closes $8M private placement priced at-the-market - Blue Water Vaccines announced the closing of its previously announced private placement of 1,180,812 shares of common stock, that was priced at-the-market under Nasdaq rules. The Company also issued to investors unregistered preferred investment options to purchase up to an aggregate of 1,180,812 shares of common stock. The purchase price for one share of common stock and one investment option was $6.775. The investment options have an exercise price of $6.65 per share, are exercisable immediately, and have a term equal to four years. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. The gross proceeds from the private placement were approximately $8.0 million, before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds from the private placement for the research and development of its pipeline as well as for working capital and other general corporate purposes.
NEAPF

Hot Stocks

09:22 EDT Nearmap exceeds $2M in incremental ACV from NA government portfolio in Q3 - Nearmap exceeded more than $2M in incremental annual contract value from its government portfolio in North America in a single quarter. This announcement continues the strong momentum for the Australian-headquartered technology company, which in March 2022 announced it had for the first time surpassed A$150M in Group ACV, and that it had signed its largest ever government annual contract in North America. This followed an update in December 2021, where Nearmap announced its North American ACV portfolio had for the first time surpassed $50M, and had for the first time exceeded the ACV of its Australian and New Zealand portfolio. Nearmap re-affirms it expects the Group ACV portfolio to close FY22 at the upper end of the A$150m-A$160m guidance range.
CW

Hot Stocks

09:20 EDT Curtiss-Wright to provide MOSA computers, modules for the Navy - Curtiss-Wright announced that it was selected by Progeny to provide Modular Open System Approach, or MOSA, computers and digital processing modules for use in the U.S. Navy's MK54 and MK48 torpedo upgrade programs. The contract has an estimated lifetime value of $70M.
ABT

Hot Stocks

09:19 EDT Abbott sees FY22 organic sales growth mid to high single digits - Prior view was high single digits, consensus $40.82B. Says lowered guidance due to recent recall event in Nutrition business. Sees FX having unfavorable impact of approximately 3% on sales. Sees FY22 Covid related sales approximately $4.5B, with a "significant amount" in 1H22.
PWWBF

Hot Stocks

09:18 EDT PowerBand Solutions director Ivan Buzbuzian resigns - PowerBand Solutions announced that Board member and audit committee member, Ivan Buzbuzian is resigning from the Board for personal reasons effective immediately. Andrea Parliament will assume his role on the audit committee and the Company will actively pursue a replacement.
WETF

Hot Stocks

09:17 EDT WisdomTree says Say platform live for Q1 earnings - WisdomTree Investments announced that Say, a shareholder Q&A platform, is live and ready to be used in advance of its upcoming first quarter earnings call on Friday, April 29, 2022, at 9:00 a.m. ET. s a public company, WisdomTree believes in the importance of transparency with its shareholders, regardless of their size and economic stake. To help facilitate these connections and enhance engagement, verified shareholders of WisdomTree Investments, Inc. can submit questions to management via Say Connect. Questions can be submitted through 9:00 a.m. ET on April 28, 2022.
GMGI

Hot Stocks

09:17 EDT Golden Matrix advances global market presence with rollout of GMX-Ag - Golden Matrix announced that its B2B aggregate gaming system, GMX-Ag, has now gone live with eight established online casino operators in six countries. It is a turnkey iGaming system offering the "best casino, sportsbook and live gaming content via a single integration with the operators' existing business systems, and also providing a single wallet for their players," the company said. "The adoption of the GMX-Ag system is both strategic and timely," said Golden Matrix CEO Brian Goodman. "It expands our B2B offerings to operators in the Asia Pacific region, our traditional market, and at the same time opens new market opportunities for Golden Matrix outside of APAC. In addition to enhancing organic growth, we are focused on entering new international markets through the acquisition of B2B and B2C businesses with strong revenues and profitability. We expect our growth strategy to expand the GMGI brand and accelerate the company's global market penetration."
CSSE

Hot Stocks

09:16 EDT Chicken Soup for the Soul announces pricing of $10.4M of notes due 2025 - Chicken Soup for the Soul Entertainment announced the pricing of its underwritten public offering of an aggregate principal amount of $10,400,000 9.5% Notes due 2025. In addition, the Company has granted the underwriters a 30-day option to purchase additional Notes having an aggregate principal amount of up to $1,560,000 to cover overallotments, if any. The Notes will be issued in minimum denominations of $25.00 and integral multiples of $25.00. The offering is expected to close on or about April 22, 2022. This is a follow-on offering to the Notes issued by the Company in December 2020. The Notes trade on Nasdaq under the symbol "CSSEN". The Notes will not be convertible into or exchangeable for any of the Company's other securities. Interest payments will be made quarterly in arrears on March 31, June 30, September 30, and December 31 each year, beginning June 30, 2022. The Company can redeem the Notes, in whole or in part, at any time on or after July 31, 2022 or upon a change of control at the redemption price of par plus accrued interest. Net proceeds to the Company, after underwriting discounts and expenses, but without giving effect to any exercise of the underwriter's option, is estimated to be $9,537,344 and will be used as described in the final prospectus. Ladenburg Thalmann & Co. Inc. and B. Riley Securities Inc. are acting as joint book-running managers of the offering.
ATHA

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09:15 EDT Athira sends letter telling shareholders to vote 'FOR' three directors - Athira Pharma mailed a letter to shareholders highlighting the "depth and breadth of experience and expertise on the company's board," the company said. Athira has added three independent directors to its board. Seven of the company's eight directors have joined the board in the last three years. The directors up for election at this year's Annual Meeting - Joseph Edelman, John Fluke, Jr. and Grant Pickering - collectively possess "more than 90 years of deep experience that the board unanimously believes will best position the company during this important chapter," the company added. The board unanimously recommends that shareholders vote on the WHITE proxy card today "FOR" Athira's directors Messrs. Edelman, Fluke and Pickering
PG

Hot Stocks

09:15 EDT Procter & Gamble seeing 'significant' impact from China lockdowns
ABT

Hot Stocks

09:15 EDT Abbott says continues to strengthen strategic position - Says "doing everything possible" to mitigate supply constraints. Says Q1 was a "highly productive quarter" for the company's pipeline. Says "achieving strong growth" across several areas of the business. Says continues to generate "strong cash flow." Comments taken from Q1 earnings conference call.
FYBR

Hot Stocks

09:15 EDT Frontier names Vishal Dixit as its Chief Strategy Officer - Frontier announced that it has named Vishal Dixit as its Chief Strategy Officer, reporting directly to CEO Nick Jeffery.
HLBZ

Hot Stocks

09:12 EDT Helbiz expands transportation choices by teaming with Aon's EV car rentals - Helbiz (HLBZ) announced a partnership with Flee, the long-term electric car rental service owned by Aon (AON) Mobility Solutions, "to expand the innovative transportation offerings in the Helbiz app. Flee is the first long-term pay-per-use car rental service that uses a digital approach and provides an optional, personalized consultation from experts to help select the best vehicle for their needs. Through this partnership, users will be able to safely and conveniently access Flee's car leasing service through the Helbiz app beginning today. This partnership helps create a wider integrated ecosystem with the introduction of electric cars as an option in addition to e-scooters, e-bikes and e-mopeds. It underscores Helbiz's continued commitment to bring innovative solutions to its users, offering them a variety of mobility options that best suit their transportation needs," said the companies. "The partnership with Flee for us at Helbiz is a source of great pride, and it is yet another opportunity that allows us to demonstrate how much the synergies between the two companies lead to the achievement of shared goals: respect for the environment, sustainability and the continued interest in developing collaborations that lead to a smarter and greener mobility," said Jonathan Hannestad, Chief Operating Officer of Helbiz. "We are happy to be able to expand our ecosystem of mobility that allows customers to have access to different solutions that meet their every need."
NMTR

Hot Stocks

09:12 EDT 9 Meters Biopharma enters collaboration with Celiac.com - 9 Meters Biopharma and Celiac.com announced a collaboration to further support clinical trial enrollment in 9 Meters' Phase 3 study known as CeDLara, for the drug candidate larazotide for celiac disease. 9 Meters' CeDLara study is a Phase 3 randomized, double-blind, placebo-controlled study to evaluate the safety and efficacy of 9 Meters' larazotide for adult patients with at least a six-month history of celiac disease who continue to experience gastrointestinal symptoms despite maintaining a gluten-free diet. An interim analysis to confirm study sample size assumptions is anticipated to be completed in early June. Additional details on the trial can be found at celiac-study.com.
NXTP

Hot Stocks

09:11 EDT NextPlay Technologies completes acquisition of assets, IP from goGame - NextPlay Technologies has completed its previously announced acquisition of gaming assets and IP from goGame, a Singapore-based mobile casual video game publisher and technology company. The acquired assets include goPlay, a new-gen game publishing platform featuring a tournament system, chat, payment, and 37 casual games ranging from arcade to strategy. NextPlay plans to complete the integration of its HotPlay in-game advertising technology into the 37 goPlay games by year-end. NextPlay also acquired from goGame a perpetual license to goPay, a payment aggregator that offers game developers multiple ways to more easily collect and process user payments. This includes carrier billing, over the counter, e-voucher, bank transfer and e-wallet. The goPay technology further extends NextPlay's existing payment services, offering access to a wider array of global payment providers. goPlay and goPay offer a core set of compelling features that are perfect for a wide variety of platform partners who will be able to sign up under an Open Beta this summer. The goGame offerings will become part of the NextPlay suite of customizable products that can be tailored to fit the individual needs and capabilities of B2B and B2C operators across the globe. NextPlay also plans to introduce goPlay game users to its NextFinancial fintech-oriented products, including crypto banking, micro-lending, and potential insurance services. Across each of these offerings, NextPlay would also have full access to goGame's payment processing gateway goPay.
SAVE

Hot Stocks

09:10 EDT Spirit Airlines to open aircraft maintenance facility in Houston - Spirit Airlines is adding an aircraft maintenance facility at George Bush Intercontinental Airport in Houston. The facility will serve as a large aircraft maintenance hangar with offices and warehousing for the Spirit Technical Operations team when it begins its first phase of operations. The maintenance complex includes two aircraft bays and ramp space for up to four aircraft, as well as warehouse, shops, and office space, and adds an important geographical location to complement Spirit's maintenance hub in Detroit. Spirit plans to staff the facility with more than 50 Houston-based Team Members to maintain and service Spirit's growing fleet, which is planned to gain 24 new planes this year for a projected fleet-wide total of 197 by the end of 2022, and 33 more planes projected for delivery in 2023.
SGEN

Hot Stocks

09:10 EDT Seagen announces plans to build Washington facility - Seagen announced plans to build a new facility in Everett, Washington, to expand the company's biomanufacturing capacity and enable the company greater control and flexibility over the production of its medicines to treat cancer. The 270,000-square-foot facility will be built north of the company's U.S. headquarters in Bothell, Washington. Seagen expects to have the facility operational in 2024 and ultimately employ up to 200 workers to produce medicines for clinical trials and the commercial market. The new biomanufacturing facility is a "greenfield" project, constructed from the ground up into a modern production facility to make advanced medicines. Seagen plans to make antibody-based medicines in the new fully integrated plant for the commercial market and for use in clinical sites around the world. The new facility will add to Seagen's existing manufacturing site in the Bothell area. This project will create up to 150 new jobs during the initial construction of the shell and core of the building.
ITPOF

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09:10 EDT Intertape Polymer: ISS recommends shareholders vote for Clearlake arrangement - Intertape Polymer Group is pleased to announce that independent proxy advisor, Institutional Shareholder Services has recommended that Company shareholders vote FOR all resolutions at its Annual and Special Shareholder Meeting to be held on May 11, 2022, including the resolution approving the acquisition of the Company by an affiliate of Clearlake Capital Group by way of a plan of arrangement in accordance with Section 192 of the Canada Business Corporations Act. Under the terms of the Arrangement, the Purchaser will acquire the outstanding shares of IPG for C$40.50 per share in an all-cash transaction valued at approximately $2.6B, including net debt. This represents a premium of approximately 82% to the closing price of IPG shares on the Toronto Stock Exchange on March 7, 2022, being the last trading day prior to announcement of the Arrangement, and approximately 66% to the volume weighted average trading price of IPG shares on the Toronto Stock Exchange for the 30 trading days preceding March 7, 2022. Upon completion of the transaction, all of the shares of IPG will be held by the Purchaser, and the Purchaser intends to cause the Company to have such shares delisted from the Toronto Stock Exchange. The Company's Annual and Special Meeting of Shareholders is to be held Wednesday, May 11, 2022, at 9:00 a.m.
PING

Hot Stocks

09:07 EDT Ping Identity partners with Authomize for identity access and security - Ping Identity launched a strategic partnership with Authomize, a cloud Identity Access Management security platform, that will create an end-to-end solution for managing customers' enterprise identity access and authorization security. Building on Ping Identity's authentication services, Authomize provides the next step in the chain, enabling Ping Identity's customers to manage their access privileges on a granular level across all their apps and cloud services.
ZM

Hot Stocks

09:07 EDT Zoom Video announces latest certifications for enhanced platform security - Zoom Video Communications announced it has recently received a variety of third-party certifications and attestations, unveiled product innovations, and established programs, which collectively demonstrate the many initiatives undertaken at Zoom that help protect the security and privacy of its users. At Zoom, third-party certifications and standards are integral to its security program's foundation. Zoom recently expanded its list of growing attestations with the following: Publication of a Data Protection Impact Assessment on Zoom's Meetings, Webinar, and Chat services from SURF. SURF, the collaborative organization for IT in Dutch education and research, and Zoom agreed to several actions in the course of collaborating on the DPIA. These include new features, improved transparency and documentation, enhanced practices, and a measurement plan. Learn more about the outcomes here. Achievement of the Cyber Essentials Plus certification. This demonstrates Zoom's commitment to the UK by achieving a security scheme, which makes it easier for local customers to assess the company's IT systems. Learn more about this certification here. Provisional Authorization for Zoom for Government from Defense Information Systems Agency for the Department of Defense at Impact Level 4. With this PA, the entire Zoom for Government platform will be available for use for those organizations in need of IL4-authorized solutions. Learn more about this authorization here. Common Criteria Certification. The Zoom Meeting Client is the first video communications client to attain certification for Common Criteria Evaluation Assurance Level 2, issued by the German Federal Office for Information Security. ISO/IEC 27001:2013 certification and SOC 2 + HITRUST requirements. Zoom Meetings, Zoom Phone, Zoom Chat, Zoom Rooms, and Zoom Webinar are now certified as International Organization for Standardization / International Electrotechnical Commission 27001:2013 compliant. Zoom also expanded the scope of its SOC 2 Type II report to include additional criteria to meet Health Information Trust Alliance Common Security Framework control requirements. In addition, Zoom continues to enhance its security features for all users with the introduction of recent innovations such as automatic updates in the Zoom client. With automatic updates, Zoom is helping users to receive important security fixes and other features, improving their overall experience with the Zoom platform. Innovations that will soon be available include a Bring Your Own Key offering, which will be released this year, and Zoom's end-to-end encryption offering will be rolled out to Zoom Phone, for one-on-one, intra-account phone calls that occur via the Zoom client later this year.
TER

Hot Stocks

09:07 EDT Teradyne marks 7,000th J750 platform shipment with Nation Technologies - Teradyne announced the shipment of the 7,000th unit of its J750 semiconductor test platform to Nations Technologies, a leading Chinese microcontroller unit, MCU, and security integrated circuit, IC, chip maker. Manufactured in China and Japan, the Teradyne J750 tester includes wafer sort and final test solutions for microcontroller units, wireless devices, image sensors, and more. "Having had a presence in China for more than 20 years, Teradyne is honored to be a trusted partner of Nations Technologies," said Regan Mills, Vice President at Teradyne. "We are thrilled to share this milestone with such an innovative and influential company as Nations, who has always been known for their high quality and dependability."
APO

Hot Stocks

09:05 EDT Apollo Global acquires Tony's Fresh Market - Apollo announced that funds managed by its affiliates have acquired Tony's Fresh Market. Tony's operates 18 stores across the Chicago metropolitan area with several more store locations currently in development. "Tony's is a market leader that's built an incredible reputation in Chicago, known for its high-quality foods and differentiated offering that includes international food options and commitment to customer service," said Apollo Partner Andrew Jhawar. "Having spent more than 20 years leading Apollo's private equity investments in grocery and retail, I firmly believe the business is poised for strong organic growth, and together we see additional opportunities to support Tony's through go-to-market execution, customer loyalty programs, e-commerce and more. Tony, Frank and the broader team have built an incredible business and we look forward to leveraging our extensive expertise to support their continued success."
NGM

Hot Stocks

09:04 EDT NGM Biopharmaceuticals to host second virtual R&D event on April 27 - NGM Biopharmaceuticals announced it will host the second of four virtual R&D events on Wednesday, April 27, 2022, from 11:00 am - 12:30 pm ET. This four-part series of virtual webcasts, titled the "Explorer Series", will highlight the company's work as explorers on the frontier of life-changing science. The second event will focus on NGM Bio's myeloid reprogramming programs targeting stromal checkpoints: NGM831, an ILT3 antagonist antibody product candidate, and NGM438, a LAIR1 antagonist antibody product candidate. ILT3 and LAIR1 are members of the LILR family of receptors, which may play a central role in establishing an immune-suppressive state in the tumor microenvironment. NGM831 and NGM438 are engineered to target ILT3 and LAIR1, respectively, with the goal of releasing myeloid checkpoints and reprogramming myeloid cells to enhance anti-tumor immunity. The program will feature presentations from David Woodhouse, Ph.D., NGM Bio's Chief Executive Officer, Dr. Don Gibbons, M.D., Ph.D. at the MD Anderson Cancer Center where he is the Director of the Thoracic - Head and Neck Medical Oncology Translational Genetic Models Laboratory and Co-Leader of the Lung Cancer Moon Shot Program and multiple members of NGM Bio's research and development team. Future sessions will focus on NGM707, a dual ILT2/ILT4 antagonist antibody product candidate, and NGM621, an anti-complement C3 antibody product candidate. Both sessions will feature members from NGM Bio's management and scientific team as well as leading industry physicians and scientists.
WETF

Hot Stocks

09:02 EDT WisdomTree announces New Economy Real Estate Fund - WisdomTree Investments announced that WisdomTree's Global ex-U.S. Real Estate Fund has been restructured into WisdomTree's New Economy Real Estate Fund. Listed on the NYSE, WTRE seeks to track the price and yield performance, before fees and expenses, of the CenterSquare New Economy Real Estate Index, and the total expense ratio is 0.58%.
PG

Hot Stocks

08:54 EDT P&G expects to repurchase $10B of stock this year, pay over $8B in dividends - P&G plans to return over $18B of cash to investors in the fiscal year.
PG

Hot Stocks

08:52 EDT Procter & Gamble sees EPS impact of Russia-Ukraine pullback of 4c in Q4 - Comments taken from Q3 earnings conference call.
AGRI

Hot Stocks

08:51 EDT AgriFORCE Growing Systems receives notice of allowance for GrowHouse patent - AgriFORCE Growing Systems announced that it has received a Notice of Allowance from the Canadian Intellectual Property Office for its patent application titled "Structures for Growing Plants." This allowed patent corresponds to the previously announced patent application in the U.S. and related AgriFORCE patent, trademark, and copyright applications previously filed in the U.S., Asia, Europe, the Caribbean, and Central/South America. The allowed patent application for AgriFORCE GrowHouse has 20 claims for different inventive features relating to structures for growing plants. This encompasses innovative design elements of the GrowHouse structure and operational systems, such as transmissive panels that maximize the full light spectrum; automation; Internet-of-Things technologies to artificial intelligence; enhanced insulation for maximizing energy efficiency; and a sealed positive pressure environment that provides optimally managed crop cultivation. The Company has another patent family for automated growing systems, and based on its positive International Preliminary Report on Patentability, allowance for the second patent family for automated growing systems is expected to follow soon.
CLVR

Hot Stocks

08:50 EDT Clever Leaves enters partnership with Biom Therapeutics - Clever Leaves Holdings announced a two-year supply agreement with Biom Therapeutics to provide high quality CBD isolate. Clever Leaves has already provided Biom Therapeutics with the first shipment of EU GMP compliant CBD isolate to be manufactured by Biom into formulations for use in studies and clinical trials for rare neurological and developmental diseases.
OMER

Hot Stocks

08:50 EDT Omeros announces publication of narsoplimab manuscript - Omeros announced the online publication of a manuscript detailing the results of its pivotal study assessing efficacy and safety of narsoplimab for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy, or HSCT-TMA, an often-lethal complication of stem-cell transplantation for which there is no approved treatment. The manuscript - Narsoplimab, a Mannan-Binding Lectin-Associated Serine Protease-2 Inhibitor, for the Treatment of Adult Hematopoietic Stem-Cell Transplantation-Associated Thrombotic Microangiopathy - will be published in an upcoming volume of the Journal of Clinical Oncology, or JCO, and yesterday was made available online by JCO, the flagship publication of the American Society of Clinical Oncology.
XPON

Hot Stocks

08:49 EDT Expion360 achieves UL 1973 compliance for lithium batteries - Expion360 has achieved UL 1973 compliance for its 60-120 amp hour batteries.
MAG

Hot Stocks

08:48 EDT Gatling recommends securityholders vote for arrangement with MAG Silver - GATLING EXPLORATION announced the mailing of its management information circular and related materials for the special meeting of shareholders and option holders of Gatling in connection with the proposed Plan of Arrangement with MAG Silver Corp. The Board of Directors of Gatling unanimously approved the Arrangement Agreement, following the unanimous recommendation of a special committee of independent directors of Gatling. The Board of Directors recommends that its Securityholders vote in favour of the Arrangement. Sprott Asset Management LP alongside the officers and directors of Gatling holding approximately 15.19% of the issued and outstanding shares of Gatling have entered into voting support and have agreed to vote in favour of the Arrangement. The Meeting will be held at 9:00 a.m. on Friday May 13, 2022, at the offices of Gatling located at 200 Burrard Street, Suite 1680, Vancouver, British Columbia, V6C 3L6.
VRAR

Hot Stocks

08:44 EDT Glimpse Group issued seventh virtual, augmented reality U.S. patent - The Glimpse Group announced that its wholly owned subsidiary company Foretell Reality was issued U.S. Patent number 11294453 for a Cross Platform VR System. Foretell Reality is a provider of social VR multi-person spaces for mental health therapy, support and interaction and this is its second issued patent. The Patent relates to a VR system allowing for simultaneous interaction across viewing platforms, in which avatars/users in VR environments can interact immersively in real-time with users of handheld, non-immersive, 2D devices and vice versa.
WNRS

Hot Stocks

08:42 EDT Winners' VegasWinners approved by Google as affiliate marketing aggregator - Winners announced that its subsidiary VegasWinners has been approved by Google to run campaigns in a number of regulated sports betting markets as an affiliate marketing aggregator. This will allow significant growth opportunities for the business while bringing expert betting picks and legal sportsbook reviews directly to the users. Strategically, Google Ads offers VegasWinners the platform to reach their core audience and approval to run sports betting ads marks a big step forward towards substantially increasing Revenues.
BTCS $ETH

Hot Stocks

08:41 EDT BTCS adds Polygon to its blockchain infrastructure operations - BTCS (BTCS) announces the addition of Polygon to its blockchain infrastructure operations. Formerly known as MATIC Network, Polygon is an $11B layer-2 scaling solution on the Ethereum blockchain. At its core, Polygon is a layer-2 network serving as an add-on layer for Ethereum ($ETH). In other words, Polygon enhances Ethereum's functionality by integrating on top of the Ethereum blockchain to help it become a better version of itself. Transactions on Polygon are less than 1c. Real-world use cases of Polygon include payments, lending, and gaming. "While Polygon is focused on Ethereum at the moment, it plans to support other blockchains with its scalable technology and provide cross-chain interoperability between different protocols," Michael Prevoznik, Chief Financial Officer of BTCS, said.
SNWV

Hot Stocks

08:41 EDT Sanuwave Health announces patent activity for past year - SANUWAVE Health announced today the patent activity for the past year. For the shockwave technology, the following new patents were issued: US 11,028,670 titled "Shock Wave Device with Far-Field Focused Reflectors" This US patent covers a battery of shock waves applicators positioned on an elliptical or spherical shape support beam to create focused shockwaves that merge and combine to provide pseudo-planar waves over a far field distance for oil filed exploitation. The patent has 20 claims and will expire on April 19, 2033. US 11,072,997 titled "Shock Waves for Oil Separation" This US patent covers the methods and device embodiments that apply shockwaves to separate substances, such as oil, from a water mixture in a dedicated enclosure. The substance, such as oil, is moved toward a substance removal conduit, and the water is moved toward a water conduit from the action of the shockwave apparatus. The patent has 20 claims and will expire on April 19, 2033. US 11,254,589 titled "Systems and Methods for Separating Surface Materials from a fluid Using Acoustic Pressure Shock Waves" Covers the methods and device embodiments that are used for separating materials, such as foam, sludge, oil, or grease, at a fluid's surface, by applying acoustic pressure shockwaves to the material and the fluid's surface such that acoustic pressure shockwaves are propagated in liquid medium of the fluid and in gas medium above the fluid surface. The patent has 20 claims and will expire on April 26, 2037. KR 10-2255975 titled "Distributor Product Programming System" This South Korean patent covers a system for controlling and monitoring service activities by authorized SANUWAVE distributors from around the world at their facilities. This is a license-based and remotely operated process that is already used in South Korea, Italy and will be used in Brazil. The patent was licensed to our South Korean distributor, actively using this remotely operated process. The patent has 20 claims and will expire on November 14, 2037. EP 3285661 titled "Tissue Disinfection with Acoustic Pressure Shock Waves", with the United Kingdom, France, Germany, and Netherland as designated countries. This patent covers the methods and device embodiments that use extracorporeal acoustic pressure shock waves for preventing and treating living tissue infections for mammals and achieve tissue disinfection. The patent has 20 claims and will expire on April 22, 2036. EP 3352678 titled "Cleaning and Grooming Water Submerged Structures Using Acoustic Pressure Shock Waves," with the United Kingdom, France, Denmark, and Norway as designated countries. This patent covers the use of shockwaves to remove barnacles, algae, biofilms and other undesired materials from the hulls of ships, propellers, rudders, inlet ports for cooling of nuclear submarines, outlet ports, sonar housings, protective grills, and other structures that are submerged in salt or freshwater environments. The patent has 24 claims and will expire on September 14, 2036. EP 3461438 titled "Combined Intracorporeal and Extracorporeal Shock Wave Treatment System," with the United Kingdom, France, Germany, and Netherland as designated countries. This patent covers the use of shockwaves to dissolve fat deposits in human and animal bodies by combining the simultaneous action of an extracorporeal shockwave applicator and an intracorporeal shockwave applicator. This represents a novel approach that can be used for cosmetic applications such as body sculpting. The patent has 7 claims and will expire on July 8, 2030. These 16 new patents bring the total number of active patents and patent applications for shockwave technology to 113, with 75 in the medical field and 38 in the non-medical field.
JBLU

Hot Stocks

08:40 EDT JetBlue Technology Ventures makes limited partner investment in TPG Rise Climate - JetBlueT echnology Ventures or JTV, the corporate venture capital subsidiary of JetBlue Airways is continuing its commitment to creating a more sustainable travel industry through its investment as a limited partner in TPG Rise Climate, the climate investing strategy of TPG's global impact investing platform TPG Rise. TPG Rise Climate is a multibillion-dollar investment fund focused on supporting climate solutions at scale. It seeks to work collaboratively with the companies, entrepreneurs, and scientists who are pioneering innovative climate solutions across five key climate sub-sectors, of which decarbonized transport is one. "All industries have something to gain from working collaboratively on climate solutions yhat matter. TPG Rise Climate is deploying capital quickly to tackle the world's rising carbon emissions, and we are eager to work alongside their team to ensure that the future of travel is a sustainable one," said Amy Burr, President of JetBlue Technology Ventures. As part of the investment, JTV joins the fund's other corporate investors that make up the TPG Rise Climate Coalition, which aims to promote knowledge-sharing and investment opportunities amongst its members.
RSTN

Hot Stocks

08:39 EDT RDE's Restaurant.com partners with SWIPEBY - RDE is pleased to announce a partnership to integrate SWIPEBY, a technology platform for curbside, pick-up, and delivery, into the Restaurant.com solution. SWIPEBY is a turnkey platform offering convenient online ordering, curbside pick-up, delivery and customizable geofenced arrival notifications so that your customers and staff have an excellent experience. They call it: Connected Retail, and Virtual Drive-Thru that focus on Restaurants, Ghost Kitchens, C-Stores, Liquor Stores, Retailers and Venues. It's a cost-effective, easy-to-use application for brick-and-mortar businesses to offer virtual drive-thru for their customers.
ALTO

Hot Stocks

08:38 EDT Alto Ingredients promotes Swanson to VP of Quality, Sustainability - Alto Ingredients promoted Stacy Swanson to the newly created position of Vice President, VP, of Quality and Sustainability effective April 15, 2022. Swanson now reports directly to CEO Mike Kandris. Swanson has worked at the company's Pekin Campus for over nine years.
FRBK

Hot Stocks

08:37 EDT Republic First Bancorp hires Greenleaf as VP, Commercial Lending - Republic First Bancorp announced the hiring of Donald Greenleaf as Vice President, VP, Commercial Lending for Bucks County. In his role, Greenleaf will be responsible for growing the bank's commercial loan portfolio as it continues to expand its presence in this key market. Most recently, Greenleaf served as a Vice President at Firstrust Bank where he generated new business on both the commercial and retail sides.
IDAI

Hot Stocks

08:37 EDT Trust Stamp CEO to speak at Rutgers Law Fintech and Blockchain Collaboratory - Trust Stamp announces that Gareth Genner, CEO of Trust Stamp, will be speaking on the use of identity tokenization for streamlined inter and intra-metaverse transactions during a virtual session hosted by the Rutgers Law School FinTech and Blockchain Collaboratory. Those interested in attending are invited to join the virtual event taking place on April 22, 2022 at 12pm ET. Genner joins the Collaboratory to explore the use of irreversible tokenization to establish a trusted "MetaPresence" identity that enables privacy-protected storage, access to, and exchange of digital assets, both between and within metaverse environments through payment rails. The Collaboratory brings experts from industry and academia together to discuss developments in the space and advance the dialogue around emergent regulatory and policy challenges facing crypto and FinTech.
TMO

Hot Stocks

08:37 EDT Thermo Fisher opens manufacturing site in Utah - Thermo Fisher celebrated the opening of its new single-use technology manufacturing site in Ogden, Utah. The facility creates additional capacity to produce the high-quality technology and materials needed for the development of new vaccines and breakthrough therapies. The $44M facility is part of Thermo Fisher's $650M multi-year investment, announced last year, to help ensure flexible, scalable and reliable bioprocessing production capacity exists for critical materials used in developing new and existing biologics and vaccines, including for COVID-19.
MAXN CSIQ

Hot Stocks

08:36 EDT Maxeon Solar, Canadian Solar settle patent infringement lawsuit - Maxeon Solar (MAXN) and Canadian Solar (CSIQ) announced that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan. The patent infringement lawsuit alleged Canadian Solar Japan infringed Maxeon's Japan Patent No. JP6642841B2. Pursuant to the terms of the settlement agreement, Canadian Solar has agreed to withdraw challenges to Maxeon's Patent. Canadian Solar has also agreed to discontinue selling shingled solar cell solar modules in Japan until the second calendar quarter of 2025 after satisfying certain outstanding 2022 orders. Further details of the settlement are confidential.
XIN

Hot Stocks

08:36 EDT Xinyuan Real Estate updates sale of Bloom on Forty Fifth in New York City - Xinyuan Real Estate announced its delivery of Bloom on Forty Fifth, an eight-story new development features 92 condominium residences comprised of studio to four-bedroom homes. This property is located at 500 West 45th Street, New York City and has a full blockfront between West 44th and 45th Streets along Tenth Avenue. The closings and move-ins are underway this month, with over 20% of units already sold.
DCT

Hot Stocks

08:35 EDT Duck Creek announces DataOne newest member of Solution Partner Ecosystem - Duck Creek Technologies announced that DataOne Software has become the newest member of its Solution Partner Ecosystem. Duck Creek's integration with DataOne's software solutions enables carriers to provide a policy document with accurate and complete vehicle details. The Anywhere Enabled Integration through Duck Creek's Content Exchange provides DataOne Software's data-based solutions, including VIN decoding and vehicle images to some of the nation's largest dealer direct service providers. Additionally, many of the top solution providers in insurance, fleet management, parts and repair, and vehicle transportation markets are also now provided with this solution. "As we continue to expand and diversify our ecosystem, we look for solution partners that ensure an exceptional customer experience as the standard," said Robert Fletcher, Head of Global Solution Partnerships at Duck Creek. "DataOne's commitment to creating user-friendly products and supporting them as if they themselves were the end-user perfectly fits in with the type of solutions we want to offer through Duck Creek."
VSQTF

Hot Stocks

08:34 EDT Victory Square Technologies partners with Holt Xchange for Fintech pitch battle - Victory Square Technologies is pleased to co-host a Fintech pitch battle with The Holt Xchange, a Canadian based global early-stage VC fund, on Tuesday, May 17th, 2022 from 3:30-5:30 PM PST. The event will consist of five early-stage fintechs who will present their company to an audience of investors and advisors attending the live event. The audience will be able to engage in live voting and provide their feedback, in addition to the four judges who will be asking the teams questions during the Q&A.
CELZ

Hot Stocks

08:33 EDT Creative Medical Technology announces progress developing ImmCelz product - Creative Medical Technology announced progress in developing a reproducible clinical grade product of ImmCelz. Multiple clinical experiments were performed in which the ImmCelz product was produced in less than 72 hours, utilizing the company's cell-free supercharging solution. The amount of ImmCelz produced was significantly greater than the control in numerous replicates of the experiments. There was also the ability to verify repeated potency of the final ImmCelz product.
AQB

Hot Stocks

08:33 EDT AquaBounty begins construction of salmon farm in Pioneer, Ohio - AquaBounty celebrated breaking ground on the construction of its first 10,000 metric ton Atlantic salmon farm in Pioneer, Ohio. AquaBounty was joined at the groundbreaking event by partners CRB, Innovasea, local and government officials, and key Ohio economic development leaders. "We are pleased to have officially begun building our next-generation, highly productive facility in Pioneer, Ohio, which will serve as a model for the aquaculture industry and our continued expansion," said Sylvia Wulf, Chief Executive Officer of AquaBounty. "This milestone comes after many dedicated teams completed extensive scientific investigation, analysis, testing, modeling, and regulatory review. We also celebrate with the Village of Pioneer, Williams County, the Regional Growth Partnership, and the State of Ohio, which will benefit from the introduction of a new industry with new jobs and new opportunities in Northwest Ohio." AquaBounty expects the project cost to be in the range of $290 million to $320 million, including a reserve for potential contingencies of $30 million. The Company anticipates commercial stocking of salmon eggs to commence in late 2023. Once in full operation, the farm is expected to bring more than 100 new jobs to the region.
GRVI

Hot Stocks

08:33 EDT Grove's Upexi acquires controlling interest in Cygnet Online - Grove announced that Upexi has acquired a controlling interest in Cygnet Online LLC, a leading Amazon and eCommerce seller, with 1200 active SKUs of branded OTC products. The acquisition will expand Cygnet's product offerings through Grove distributors and partnerships. Cygnet will be the anchor company for Grove's Amazon strategy for the future in conjunction with its current Amazon stores and its previously announced pet care company. Cygnet Online has been selling on Amazon for many years, with a focus on the OTC, supplements, and beauty markets. With sales over $26,540,000 million in the trailing 12 months, Cygnet is a well-established secondary market seller on Amazon. The company owns licenses to sell many branded OTC products on Amazon. The company has achieved substantial growth for the past two years and the synergies with Grove should increase products and sales in the future. The acquisition was completed with a combination of stock, cash, and debt, resulting in minimal dilution to our shareholders.
PCSA

Hot Stocks

08:32 EDT Processa doses first patient in amended Phase 1b protocol for PCS6422 - Processa Pharmaceuticals announces that the first patient with advanced, refractory gastrointestinal cancer has been dosed in its amended maximum tolerated dose , MTD, Phase 1B trial for Next Generation Capecitabine. The Company previously reported that a single dose of PSC6422 in this Phase 1B trial successfully inhibited dihydropyrimidine dehydrogenase, resulting in capecitabine approximately 50 times more potent than FDA approved capecitabine, but the improved potency did not last throughout the seven days of capecitabine dosing. Dr. David Young, Chairman and CEO of Processa said, "Our goal with Next Generation Capecitabine is to provide a more effective and/or safer therapy for patients with gastrointestinal cancer and other types of cancer. The revisions to the original protocol will now provide the data which will not only allow us to significantly increase the potency of Next Generation Capecitabine throughout capecitabine dosing but could also lead to more optimal dosing for each patient through an individualized-personalized medicine approach. We expect to have preliminary data on a better Next Generation Capecitabine regimen by mid-2022 and anticipate that the MTD for Next Generation Capecitabine will be determined by the end of 2022. We then plan to move to either a Phase 2B or Phase 3 trial in 2023 based on our discussions with FDA."
HST

Hot Stocks

08:31 EDT Host Hotels sells Sheraton New York Times Square Hotel for $373M - Host Hotels & Resorts announced that it has sold the 1,780-room Sheraton New York Times Square Hotel for approximately $373M, which represents a 28.0x EBITDA multiple on 2019 EBITDA. The EBITDA multiple includes approximately $136M of estimated foregone capital expenditures over the next five years. In connection with the sale, the Company is providing a $250M bridge loan to the purchaser.
MRVL

Hot Stocks

08:31 EDT Marvell appoints Sara Andrews to board of directors - Marvell announced the appointment of Sara Andrews, Chief Information Security Officer at Experian, to its board of directors.
GWGH

Hot Stocks

08:30 EDT GWG Holdings trading resumes
CUTR SYF

Hot Stocks

08:21 EDT Cutera's acne treatment AviClear available for patient financing with Synchrony - Cutera (CUTR) and Synchrony (NYSE: SYF) announce an exclusive partnership to expand patient financing options to dermatology practices across the United States. Cutera's AviClear is the first and only device cleared by the FDA for the treatment of mild, moderate and severe acne. Dermatologists offering AviClear will have the option to accept Synchrony's CareCredit credit card, providing the millions of acne sufferers who seek treatment annually with flexible financing options. By providing patients with access to CareCredit's medical financing, dermatology practices will be able to offer patients, or their parents, a convenient monthly payment option to help make out-of-pocket expenses more manageable. "We are excited to join forces with Synchrony to provide our customers with this unique and valuable financing resource that will improve access to a prescription-free acne treatment option, one that is safe and comfortable with strong, long-term efficacy1," said Steve Kreider, Senior Vice President of Global Marketing, Cutera. "The ability to offer patient financing as part of our comprehensive support through the Avi360(TM) partnership program will enable more families to take advantage of the AviClear treatment - without worries of insurance coverage - to help improve their confidence and reduce the emotional toll of acne."
XPL

Hot Stocks

08:18 EDT Solitario appoints Debbie Mino-Austin to board of directors - Solitario Zinc is pleased to announce that the Solitario Board of Directors has appointed Ms. Debbie Mino-Austin to join the Board of Solitario and will be added to the slate of Directors to stand for re-election at the forthcoming 2022 annual shareholders' meeting. Ms. Mino-Austin worked for more than thirty years with increasing responsibility at Solitario, most recently as Vice-President of Investor Relations, before retiring in 2018
FNNZF

Hot Stocks

08:17 EDT FINCANNA CAPITAL provides update on West County Brands - FinCanna Capital is pleased to provide commentary regarding the recent progress of its investee company, QVI Inc., operating as West County Brands. Recent Developments Include: West County Brands' industry leading distribution representative Calyx Brands, has placed a number of new sales orders for WCB's award-winning joint venture partner Cherry Kola Farms', live rosin products as well as for WCB's own MYTHC Life disruptively priced gummies. Calyx has advised that their sales program is gaining momentum and expects to have the Company's brands placed in 40+ retail locations in April, and they remain committed to expanding distribution throughout their existing 270 client account network by year end. West County Brands is in discussions with a number of service providers to add to its existing roster of delivery and distribution relationships, including the expansion of its "house account" channel with the addition of a multi-store dispensary & delivery business. These ongoing initiatives further bolster WCB's focus on driving retail market penetration across California. West County Brands is nearing agreement with certain major cannabis consumer brands for co-branding opportunities. These businesses have significant distribution channels in place that would provide broad and immediate retail access for the Company's co-branded products. Based on demand, West County Brands is currently producing several SKU's of live rosin, THC and THC-CBD gummies under its MYTHC Life disruptively priced brand, and Cherry Kola Farms' live rosin products. All current production is scheduled for allocation to the Company's distributors, delivery services and retail dispensary accounts as completed. West County Brands is also ramping up its own statewide marketing efforts to take advantage of its strong momentum.
AMD

Hot Stocks

08:16 EDT AMD says EPYC processors power Oracle Cloud Infrastructure instances - AMD announced the expansion of the AMD EPYC processor footprint within the cloud ecosystem, powering the new Oracle Cloud Infrastructure E4 Dense instances. These new instances are part of the Oracle Cloud VMware Solution offerings, enable customers to build and run a hybrid-cloud environment for their VMware based workloads.
IRMTF

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08:14 EDT Information Services announces filing of 2022 management information circular - Information Services Corporation announced that it has filed its notice of meeting and management information circular for ISC's May 11, 2022 annual meeting of shareholders. The materials for the Meeting will also be mailed to shareholders. The management information circular contains information for shareholders regarding the Meeting, including exercising voting rights on the election of ISC's Board of Directors and the appointment of ISC's auditor for the ensuing year. ISC encourages shareholders to access the information and vote by no later than 11:00 a.m. MDT on Monday, May 9, 2022.
DOX

Hot Stocks

08:12 EDT Amdocs announces MetaVU platform - Amdocs announced MetaVU, a Vubiquity platform that allows content providers and video distributors to better store, manage, augment, localize, and distribute metadata.
DTM LNG

Hot Stocks

08:12 EDT DT Midstream joins Cheniere Energy in collaborative to QMRV GHG emissions - DT Midstream (DTM) announced that it has joined Cheniere Energy (LNG), other midstream companies, technology providers, and academic institutions to implement quantification, monitoring, reporting and verification, QMRV, of greenhouse gas, GHG, emissions from midstream systems serving Cheniere's LNG terminal. The collaborative intends to improve the overall understanding of GHG emissions and further the deployment of advanced monitoring technologies and operating protocols throughout the natural gas supply chain. "Today marks yet another significant step in DT Midstream's journey to carbon neutrality. Joining this collaborative is one of the many steps our team has taken to position DT Midstream on a path to net zero by 2050. It will also serve as an important step towards providing a carbon neutral pathway for customers interested in reaching Cheniere's LNG export terminal," said David Slater, DT Midstream's CEO.
WSTG

Hot Stocks

08:10 EDT Climb Channel Solutions sponsors Nimsdai Purja MBE on Denali expedition - Climb Channel Solutions sponsors Nimsdai 'Nims' Purja MBE, world-record breaking mountaineer on his Denali expedition in North America. Climb Channel Solutions will be sponsoring Nims as he climbs Denali this year. Denali is the highest peak in North America at 6,190m above sea level. Nims will be taking Climb Channel Solutions bespoke flag to the top of the mountain with him.
SMTC INTC

Hot Stocks

08:10 EDT Semtech announces Julie McGee as chief marketing officer - Semtech (SMTC) announced Julie McGee has joined the Company as senior vice president and chief marketing officer. In this role, she is leading corporate marketing and investor relations. S McGee joins Semtech from Intel (INTC) where she held several executive leadership positions in finance, marketing, business strategy, and supply chain. While serving as corporate vice president of marketing, she led among other initiatives the Intel Inside Program, Intel's brand strategy and outbound product marketing. Ms. McGee also served as chief of staff to Intel's chairman of the board and spent many years focused on wireless market strategy and global expansion.
VVNT

Hot Stocks

08:10 EDT Vivint Smart Home announces Rasesh Patel as COO - Vivint Smart Home (VVNT) announced that Rasesh Patel will become its new chief operating officer, or COO. As the company's incoming COO, Patel brings to Vivint 20-plus years of experience. Effective mid-May, Patel will oversee the company's operations as well as its technology and product platform. Patel spent the past seven years of his career at AT&T (T) where he served in various executive leadership roles before being named chief product and platform officer for AT&T Business. In that capacity, Rasesh was responsible for its portfolio-wide P&L with $35B of annual revenue, as well as its integrated platforms, products and solutions including fiber, 5G, Edge, IoT, cybersecurity, collaboration and cloud connectivity.
HTBX

Hot Stocks

08:09 EDT Heat Biologics completes acquisition of Elusys Therapeutics - Heat Biologics, to be renamed NightHawk Biosciences, announced it has completed the acquisition of Elusys Therapeutics, a commercial-stage biodefense company and developer of ANTHIM. ANTHIM is approved for use in the U.S. and Canada, and under the brand name Obiltoxaximab SFL in Europe and the United Kingdom. Nighthawk acquired all outstanding shares of Elusys, which will continue to operate as a wholly-owned subsidiary of NightHawk. No stock or warrants were issued in connection with the acquisition, and Elusys had no outstanding term debt. Jeff Wolf, CEO of NightHawk, commented, "We are excited to announce the closing of this transformative acquisition, which provides us with a solid foothold in the biodefense space. Elusys has an established a successful track record collaborating with U.S. government agencies including BARDA, NIH, SNS and DOD. We plan to leverage Elusys' existing relationships and distribution channels as a launching pad for RapidVax, our "plug and play" platform designed for rapid development and delivery of new vaccines. In addition, we look forward to leveraging our new Kansas facility, which will enable us to manufacture these therapies internally and therefore benefit from significant operating synergies, as well as enhanced oversight, quality control, and speed to market. We are also exploring opportunities to expand ANTHIM distribution abroad."
SWAG NOGN

Hot Stocks

08:08 EDT Software Acquisition III, Nogin announce PIPE Financing - Nogin and Software Acquisition Group Inc. III (SWAG) announced that the Company has obtained commitments for $60 million in convertible note financing for the public company led by funds managed by UBS Asset Management's Hedge Fund Solutions business and also including commitments from Tenor Capital Management and Jonathan Huberman, CEO of SWAG III. This PIPE Financing is anticipated to fund concurrently with the closing of the proposed business combination of Nogin and SWAG III, expected to take place in the second quarter of 2022, subject to stockholder approval. Pursuant to the PIPE Financing, SWAG III will issue $60 million aggregate principal amount of 7.00% Convertible Senior Notes due in 2026, which may be increased by an additional $10 million pursuant to an "accordion feature" from UBS. Including this new PIPE Financing, the Company expects to receive more than $280 million in proceeds in connection with the closing of the Business Combination, assuming exercise of the accordion feature by UBS and no redemptions by SWAG III's public stockholders and before the payment of certain expenses. The additional PIPE Financing creates a strong roster of investors supporting the closing of the Business Combination and is expected to accelerate Nogin's ability to deliver the technology, research and development, and optimization needed for merchants to keep pace with big retail.
BLDE

Hot Stocks

08:08 EDT Blade Air Mobility announces creation of Blade Europe - Blade Air Mobility announced the creation of Blade Europe and the appointment of Sabrina Barbera as executive director of Blade Europe and Anne-Pascale Guedon as executive VP, business development, Blade Europe. Blade Europe will be headquartered in Paris, France.
PTC

Hot Stocks

08:07 EDT PTC to acquire application management company Intland Software for $280M - PTC has signed a definitive agreement to acquire Intland Software for approximately $280M. Intland develops and markets the Codebeamer Application Lifecycle Management family of software products, including a next-generation, cloud-ready, fully integrated offering. The transaction is expected to close in PTC's Q3. Intland Software serves an array of global enterprise ALM customers operating across the automotive, life sciences, consumer electronics, and aerospace and defense industries. Intland is headquartered in Stuttgart, Germany. Codebeamer's pre-built templates and partner integrations aim to make it easier for customers to meet the stringent requirements common in regulated industries. The transaction will be funded with cash on hand and amounts borrowed under PTC's existing credit facility.
AMZN

Hot Stocks

08:07 EDT AWS launches $30M impact accelerator for underrepresented startups founders - Amazon Web Services, AWS, an Amazon company announced it has committed more than $30M to early stage startups led by Black, Latino, LGBTQIA+, and women founders as part of its new AWS Impact Accelerator. Over the three-year commitment, AWS will provide funding and guidance for a series of programs that will help these organizations build successful companies. Each qualifying startup receives up to $225,000 in cash and credits, extensive training, mentoring and technical guidance, as well as introductions to Amazon leaders and teams, networking opportunities with potential investors, and ongoing advisory support. Eligible startups can now apply to the first of these programs, the AWS Impact Accelerator for Black Founders. The AWS Impact Accelerator gives high-potential, pre-seed startups the tools and knowledge to reach key milestones such as raising funds or being accepted to a seed-stage accelerator program, while creating powerful solutions in the cloud. On acceptance into the eight-week program, participants will create a wide-ranging, personalized training curriculum from dozens of available sessions delivered by AWS startup experts and guest speakers. A single day could include lessons from an AWS solutions architect on optimizing cloud infrastructure, guidance on investor pitching from an experienced startup CEO, and leadership dos and don'ts from a third-party organization that provides support to startups. Startups will also learn how to use Amazon processes such as "two-way door decision making" and "working backwards" to drive day-to-day decisions and build nimble, innovative teams. "When we launched in 2006, AWS changed the game for startups by giving them access to the same technology as the world's largest enterprises," said Adam Selipsky, CEO of Amazon Web Services. "Today, we continue to level the playing field so that founders can pursue their ideas and grow successful businesses regardless of gender, sexual orientation, ethnicity, or race. AWS is committed to helping underrepresented founders succeed and build powerful cloud solutions that capture the attention of investors and customers. The possibilities for these startups are endless, and I can't wait to see what they create."
HFFG

Hot Stocks

08:07 EDT HF Foods Group appoints Lin as Chief Operating Officer - HF Foods Group announces the appointment of Xi Lin as Chief Operating Officer, COO, of the Company, effective May 1, 2022. Lin will report directly to the CEO of the Company. Mr. Lin has served as an Independent Board Member for the Company since November 2019, where he served as Chairman of the Audit Committee and the Special Investigation Committee. He will continue to serve on the Board of Directors until another Independent Director is appointed.
DNMR

Hot Stocks

08:06 EDT Danimer Scientific appoints Anthony Austin chief human resource officer - Danimer Scientific announced it has appointed Anthony Austin as chief human resource officer. In this role, Austin will focus on building HR processes to strategically support the company's growth as it continues to expand its manufacturing capacity. Austin joins Danimer from Bedrock Manufacturing, the parent company of Shinola, a watch, leather and jewelry manufacturer and Filson, a 125-year-old Alaskan outfitter and manufacturer of high-quality outerwear, where he served as executive vice president, chief human resources officer since 2020.
EXPI

Hot Stocks

08:05 EDT eXp Realty exceeds 80,000 agents globally - eXp Realty announced it has exceeded 80,000 agents globally, representing an increase of 50% when compared to 53,379 agents in April 2021.
HCTI

Hot Stocks

08:04 EDT Healthcare Triangle achieves HITRUST certification for Cloud and Data Platform - Healthcare Triangle announced its Cloud and Data Platform hosted on Amazon Web Services and the supporting network infrastructure hosted on the O365 Cloud has earned Certified status for information security by HITRUST.
ABBV

Hot Stocks

08:04 EDT AbbVie expands autoimmune diseases and oncology collaboration with Dragonfly - AbbVie announced an expansion of its research collaboration with Dragonfly Therapeutics, a biotechnology company developing novel immunotherapies that harness the innate immune system to treat disease, to discover and develop Dragonfly's novel immunotherapies for new targets in autoimmune and fibrotic diseases. AbbVie licensed its first TriNKET drug candidate from Dragonfly, part of a multi-target collaboration initiated in November 2019, in January 2021. Under the agreement, Dragonfly will grant AbbVie the option to license exclusive worldwide intellectual property rights to multiple new candidates developed using Dragonfly's TriNKET technology platform. AbbVie will pay Dragonfly an upfront payment, future success-based milestone payments and royalties.
ADUS

Hot Stocks

08:03 EDT Addus HomeCare announces Cliff Blessing as chief development officer - Addus HomeCare announced that Cliff Blessing has been named the company's new executive VP and chief development officer, effective immediately. Blessing brings over 15 years of experience in corporate development, finance, and strategy to Addus. He most recently served as executive VP of corporate development for Dallas-based Encompass Health - Home Health & Hospice, the fourth largest U.S. provider of skilled home health services. In this role, he had responsibility for M&A activity and other strategic initiatives, working in close consultation with the company's senior management team. Prior to joining Encompass in 2012, he held various corporate development and finance roles, including in banking and real estate development.
RARE MREO

Hot Stocks

08:02 EDT Ultragenyx announces first patient dosed in Phase 2/3 study of UX143 - Ultragenyx Pharmaceutical (RARE) announced the first patient has been dosed in a clinical study for the treatment of Osteogenesis Imperfecta, OI, in patients ages 5 to less than 26 years of age. The pivotal Orbit study is a seamless Phase 2/3 study of setrusumab, or UX143, an investigational anti-sclerostin fully human monoclonal antibody in development for the treatment of OI in children and adults with OI sub-types I, III and IV. Ultragenyx is leading the clinical development of setrusumab as part of a collaboration and license agreement with Mereo BioPharma Group plc (MREO). "The Orbit study builds on the findings of the 12-month Phase 2b ASTEROID study, which demonstrated that treatment with setrusumab resulted in a clear, dose-dependent and statistically significant effect on bone formation and bone density at multiple anatomical sites among adult participants with OI," said Camille Bedrosian, M.D., chief medical officer at Ultragenyx. "The Orbit Phase 2/3 study is designed to study fracture risk reduction in a younger population, where the risk of fracture is higher and where we can potentially have the greatest impact on their future health."
GWGH

Hot Stocks

08:02 EDT GWG Holdings files voluntary Chapter 11 petitions in Bankruptcy Court - GWG Holdings announced that the Company and certain of its subsidiaries have filed voluntary Chapter 11 petitions (in the U.S. Bankruptcy Court for the Southern District of Texas as part of a restructuring process intended to enable the Company to enhance its liquidity and ability to meet its financial obligations, while maximizing the value of its assets. The subsidiaries that are debtors in the Chapter 11 Cases are GWG Life, LLC and GWG Life USA. The Company also announced that it has secured debtor-in-possession financing to facilitate the restructuring, subject to Court approval, and that it has filed a motion with the Court for approval of this financing. The DIP Credit Agreement is structured as a multiple draw term loan facility in an aggregate principal amount of approximately $65 million and will be provided by National Founders LP. The proceeds of all or a portion of the DIP Credit Agreement may be used for, among other things, general corporate purposes, including working capital and permitted acquisitions, administrative costs, premiums, expenses and fees of the transactions contemplated by the Chapter 11 Cases, for payment of court approved adequate protection obligations and other such purposes consistent with the DIP Credit Agreement. While it moves as quickly as possible through the restructuring process, the Company intends to continue its day-to-day operations as debtor-in-possession. The Company is filing with the Court a series of customary motions seeking to maintain business-as-usual operations. Approval of these "first day" motions, which the Company expects to receive in short order, will help facilitate a smooth transition into the process.
CURLF

Hot Stocks

08:01 EDT Curaleaf launches BlueKudu infused chocolates in Florida - Curaleaf announced the launch of BlueKudu infused chocolates at all 45 Curaleaf locations in Florida. Acquired by Curaleaf in 2020, BlueKudu was founded in Colorado as one of the state's original and most experienced edible manufacturers known for utilizing culinary experts to create artisanal cannabis products. The expansion marks BlueKudu's first launch outside of Colorado and Curaleaf's entrance into Florida's infused chocolate category.
TLS

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07:59 EDT Telos launches Telos Advanced Cyber Analytics - Telos Corporation announced the launch of its Telos Advanced Cyber Analytics solution, which will provide automated, actionable threat intelligence and attribution of malicious activity at speed and scale.
GWGH

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07:55 EDT GWG Holdings trading halted, news pending
APTX

Hot Stocks

07:54 EDT Aptinyx says NYX-783 data suggest potential as a treatment for PTSD - Aptinyx announced that data from preclinical studies evaluating NYX-783, a novel NMDA receptor positive allosteric modulator, in models of post-traumatic stress disorder, PTSD, were published in the journal, Molecular Psychiatry. The publication, entitled "Positive modulation of N-methyl-D-aspartate receptors in the mPFC reduces the spontaneous recovery of fear," details the ability of NYX-783 to reduce fear-based behaviors in animal models of PTSD by measuring enhanced fear extinction and reduced spontaneous recovery of fear. NYX-783 significantly reduced spontaneous recovery of fear in mice in the conventional auditory fear-conditioning model. NYX-783 also reduced spontaneous recovery in the single-prolonged stress model of PTSD. These data suggest NYX-783 can inhibit the spontaneous recovery of learned fear even after exposure to an additional significant stressor. The inhibition of spontaneous recovery of learned fear by NYX-783 results from increased NMDAR2B-mediated activity of neurons in the infralimbic medial prefrontal cortex. These results elucidate the cellular targets of NYX-783 and the molecular mechanisms underlying the inhibition of spontaneous recovery. These preclinical findings indicate NYX-783 may be particularly useful for inhibiting spontaneous recovery of fear and provide further support for the drug candidate's therapeutic potential as a treatment for PTSD. "We are very excited by these data as they underscore the potential of NYX-783 to treat the dysfunction of emotional control in post-traumatic stress disorder," said Amanda Barth, Ph.D., Senior Director of Research at Aptinyx. "These preclinical models are highly relevant to PTSD and suggest the novel mechanism of NYX-783 can enhance fear extinction learning impaired by NMDA receptor hypofunction. We believe these findings can be translated to clinical benefit in humans and look forward to continuing development of NYX-783 in our ongoing Phase 2b study in PTSD."
LOWLF

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07:53 EDT Lowell Farms named distributor of Zippo products for California dispensaries - Lowell Farms Inc. and Zippo have entered into a non-binding letter of intent that will greatly expand the presence and product selection of both companies in California's licensed cannabis dispensaries. The 18-month collaboration sees Lowell Farms serving as the exclusive distributor of Zippo products at dispensaries, processing and administering all orders from its Monterey County headquarters, and retaining exclusive rights to the Zippos name for all co-branded events and activations within the cannabis industry. As part of the agreement between the two companies, Lowell Farms and Zippo will collaborate on new lighter designs including customizable options for dispensary partners, and Zippo will debut an exclusive Lowell Farms-branded lighter within their cannabis channel portfolio.
PTOTF

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07:51 EDT Patriot One Technologies selected by Oak View Group for Moody Center - Patriot One Technologies announced the Oak View Group has selected Patriot One's Gateway solution to protect all entrances to Austin's new live entertainment venue, Moody Center, the new home of The University of Texas basketball teams. The Gateway will be in place for Moody Center's first show, John Mayer on April 20th.
OXBDF

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07:48 EDT Oxford sees sufficient funds to meet liabilities for at least 12 months - Taking account of the matters described above, the Directors remain confident that the Group will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements and therefore have prepared the financial statements on a going concern basis.
AKAN

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07:47 EDT Akanda to acquire Holigen shares from The Flowr Corporation - Akanda announced it has entered into a definitive agreement to acquire 100% of the issued and outstanding shares of Holigen from The Flowr Corporation. The proposed acquisition will accelerate Akanda's seed-to-patient business model in the EMEA region, improving the company's ability to meet growing demand for medical cannabis and positioning it for adult use markets as regulations evolve. Under the terms of the definitive agreement, Akanda will acquire Holigen for a combination of $3M in cash, 1.9M Akanda common shares, and the assumption at RPK of approximately $4.3M of debt which is non-recourse to Akanda. In addition, to further align Akanda and Flowr, concurrently with the closing of the acquisition, Akanda will purchase 14,285,714 Flowr common shares for aggregate gross proceeds to Flowr of approximately $790,000 at a price per share of C$0.07, subject to the approval of the TSX Venture Exchange. Akanda has also provided $678,000 of interim funding to Holigen to fund Holigen's working capital needs prior to closing of the acquisition. The acquisition, which has been approved by the boards of directors of both companies, is expected to close during the second quarter of 2022, and is subject to the satisfaction or waiver of customary closing conditions, including the approval by the TSX Venture Exchange.
SLGGF

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07:41 EDT Cornerstone Capital announces results of PFS for Cascabel Project - Cornerstone Capital Resources is pleased to announce the results of the Pre-Feasibility Study for the Cascabel copper-gold porphyry joint venture project in northern Ecuador in which Cornerstone has a 15% interest financed through to completion of a feasibility study and repayable out of Cornerstone's share of project earnings, plus 6.85% of the shares of joint venture partner and Project operator SolGold, for a total direct and indirect interest in Cascabel of 20.8%. The PFS confirms the Cascabel project's potential to be a large, low-cost, and long-life mining operation that is based on achievable, proven, and tested mining and processing assumptions. Once constructed, Cascabel is expected to be a top 201 South American copper & gold mine benefiting from a high-grade core, advantageous infrastructure and an increasingly investor friendly government. The mine is expected to produce a clean copper-gold-silver concentrate expected to be sold to Asian and European smelters. HIGHLIGHTS: Estimated $5.2bn pre-tax Net Present Value and 25.3% Internal Rate of Return; Estimated $2.9bn after-tax NPV, 19.3% IRR and 4.7 year payback period from start of processing; After-tax NPV would be $4.1bn and IRR 23.4% at current spot commodity prices; Estimated average production of 132ktpa of copper, 358kozpa of gold and 1Mozpa of silver - 212ktpa copper equivalent - with peak copper production of 210ktpa; Initial project Life-of-Mine All-In-Sustaining Cost of $0.06/lb of copper, placing Cascabel well within the first decile of the copper industry cost curve; On achieving nameplate capacity, average of approximately 190ktpa of copper, 680kozpa of gold and 1.3Mozpa of silver over initial 5 years at an average negative AISC of $(1.38)/lb; Estimated pre-production capital expenditure of $2.7bn for the initial cave development, first process plant module and infrastructure; Initial Mineral Reserve of 558Mt containing 3.3Mt Cu @ 0.58%, 9.4Moz Au @ 0.52g/t and 30Moz Ag @ 1.65g/t over an initial 26-year mine life; Potential mine life upside in excess of 50 years following initial LOM10; Annual after-tax free cash flow to average $740m, peaking at over $1.6bn; Average annual EBITDA of nearly $1.2B, peaking at over $2.4bn; Additional optimizations being progressed for a PFS Addendum planned for completion in H2 CY22; Cascabel project Definitive Feasibility Study planned for completion in H2 CY23.
ABT

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07:36 EDT Abbott reports Q1 Worldwide Diagnostics sales up 31.7% on a reported basis - Worldwide Diagnostics sales increased 31.7% on a reported basis and 35.1% on an organic basis in the first quarter. Global COVID-19 testing-related sales were $3.3B in the quarter, led by sales of rapid testing products.
OTIC

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07:36 EDT Otonomy reports results from Phase 2a clinical trial of OTO-413 - Otonomy announced positive top-line results from the Phase 2a clinical trial of OTO-413 in subjects with hearing loss. The randomized, double-blind, placebo-controlled trial demonstrated that a single intratympanic injection of 0.3 mg OTO-413, a sustained exposure formulation of brain-derived neurotrophic factor, BDNF, provided clinically meaningful treatment benefit versus placebo across multiple speech-in-noise hearing tests as well as the Patient Global Impression of Change, PGIC, at consecutive time points. These results support the clinical activity of OTO-413 observed in the prior Phase 1/2 trial and provide a second, independent demonstration of the treatment potential of OTO-413 for patients over a broad range of hearing loss levels. The design of the Phase 2a trial was the same as the previous Phase 1/2 trial. All subjects self-reported hearing difficulty in a noisy environment that was confirmed by SIN testing. Top-line results are provided below: 40% OTO-413 subjects demonstrated a clinically-meaningful improvement on at least one of the three SIN tests at both Days 57 and 85 versus 20% for placebo; 15% OTO-413 subjects demonstrated a clinically-meaningful improvement by two or more different SIN tests at both Days 57 and 85 versus 0% for placebo; For the Words-in-Noise test, 40% OTO-413 subjects demonstrated a clinically-meaningful improvement at both Days 57 and 85 versus 0% for placebo; Most of the patients enrolled in this trial also had moderate-to-severe high-frequency hearing loss measured with standard audiometric testing. The responder rate for OTO-413 was favorable in this subset as well with 41% OTO-413 subjects demonstrating a clinically-meaningful improvement in at least one SIN test at both Days 57 and 85 compared to 13% placebo subjects; The PGIC demonstrated a treatment benefit with 50% OTO-413 subjects reporting an improvement from baseline at both Days 57 and 85 compared to only 10% for placebo; Treatment with OTO-413 was well tolerated. There were no serious adverse events and no discontinued patients due to an adverse event. Based on these positive results, Otonomy intends to initiate a full dose-ranging Phase 2 trial in hearing loss patients by the end of 2022. This trial will also incorporate learnings from the ongoing higher dose evaluations that are assessing the tolerability and treatment activity of two higher doses of OTO-413. Results from the higher dose evaluation are expected in the second half of 2022.
ARCT

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07:35 EDT Arcturus: mRNA vaccine candidate ARCT-154 meets primary efficacy endpoint - Arcturus Therapeutics shared topline data from an ongoing Phase 1/2/3 trial evaluating ARCT-154, Arcturus' self-amplifying mRNA vaccine candidate against COVID-19 disease caused by the SARS-CoV-2 virus. "We are very pleased with these results, and to see ARCT-154 providing protection against symptomatic COVID-19 and almost complete protection against severe disease in a placebo-controlled vaccine efficacy study. This represents a key milestone for the Company and provides significant clinical validation of our STARR latform. We believe self-amplifying mRNA combined with our LUNAR delivery technology will create a path to better mRNA medicines," said Joseph Payne, President and CEO of Arcturus Therapeutics. "We are grateful to our collaborator Vinbiocare and to Vietstar, a leading CRO in Vietnam, for their extraordinary effort and efficiency in the sponsorship and analysis of this trial. We are also thankful to the study participants, investigators and clinical trial sites for their invaluable contributions to the study." The ongoing Phase 1/2/3 registrational study, sponsored by Arcturus' collaborator Vinbiocare Biotechnology Joint Stock Company , a member of Vingroup Joint Stock Company, enrolled over 19,000 adult subjects in Vietnam, including individuals at higher risk of severe complications of COVID-19 disease. Results from the efficacy analysis of the study have been submitted to the Vietnam Ministry of Health by Vinbiocare on April 13, 2022 and shared with Arcturus in parallel with this filing. This additional efficacy data complements the data package under review by the Vietnam Ministry of Health for potential Emergency Use Authorization of ARCT-154. The Phase 3 placebo-controlled vaccine efficacy portion of this study enrolled over 16,000 participants. Evaluation of vaccine efficacy demonstrated that the study met its primary endpoint of prevention of virologically confirmed COVID-19 disease. Data provided by Vinbiocare show that, in an analysis of COVID-19 cases accrued between 7 days and 56 days after completion of a two-dose vaccination series, two 5-mcg doses of ARCT-154 demonstrated 55% vaccine efficacy for protection against COVID-19. The cases of COVID-19 disease in the study participants were detected in parallel with a SARS-CoV-2 outbreak in Vietnam in December 2021 to February 2022 where characterized SARS-CoV-2 variants Delta and Omicron have dominated . The key secondary endpoint of severe COVID-19 disease was analyzed and included 43 severe cases in the analysis. Forty-one cases occurred in the placebo group and 2 occurred in the ARCT-154 vaccinated group, demonstrating point estimate of vaccine efficacy of 95% against severe COVID-19 disease. Nine COVID-19 related deaths were reported in the placebo group and 1 in the ARCT-154 vaccinated group. The single death in the ARCT-154 vaccination arm occurred in an older age group participant who was also at increased risk of severe COVID-19.
FLWPF AKAN

Hot Stocks

07:35 EDT Flowr Corporation to sell Holigen Holdings to Akanda for $35M - The Flowr Corporation (FLWPF) is pleased to announce that its wholly-owned subsidiary, Holigen Holdings entered into a share purchase agreement dated April 19, 2022 with Akanda Corp. (AKAN) and Cannahealth, a wholly-owned subsidiary of Akanda. Pursuant to the Purchase Agreement, the Purchaser will acquire from HHL all of issued and outstanding shares of Holigen, an indirect wholly-owned subsidiary of the Company, together with certain intercompany receivables for aggregate consideration of approximately $35M. The Company's wholly-owned subsidiary, HHL, indirectly owns all of the issued and outstanding shares of RPK Biopharma Unipessoal, which owns and operates the E.U. GMP facility located in Sintra, Portugal, and the outdoor medical facility located in Aljustrel, Portugal. Pursuant to the terms of the Purchase Agreement, Holigen has agreed to sell Holigen to the Purchaser for total consideration payable of approximately $35M consisting of: $3,750,000 in cash; 1,900,000 common shares in the capital of Akanda currently valued at $10.30 based on the closing price of the Consideration Shares on April 19, 2022; the indirect assumption by Akanda of RPK's indebtedness of approximately $5,100,000; and at least $834,000 of interim funding to Holigen which has already been received by Flowr. In addition, Akanda has agreed to subscribe for $1M of common shares in the capital of Flowr at a price per share of $0.07 per share, subject to the approval of the TSX Venture Exchange. As part of the Transaction, Flowr has agreed to provide transition services to Akanda and Holigen for a period of at least 90 days after the closing of the Transaction. The Transaction constitutes a Reviewable Disposition as defined in Policy 5.3 - Acquisitions and Dispositions of Non-Cash Assets of the TSXV and, as such, completion of the Transaction remains subject to approval of the TSXV. The closing of the Transaction is also subject to certain other conditions which are customary for a transaction of this nature, including the approval of the NASDAQ with respect to the issuance of the Share Consideration. The Company and Akanda are not "Non-Arm's Length Parties" within the meaning of applicable TSXV polices, and the Purchase Price and all ancillary agreements were arrived at through arm's-length negotiations. In connection with the Transaction, Holigen will pay an advisory fee to an arm's length third party equal to 7% of the Purchase Price, 50% of which is payable in cash and 50% of which is payable in Consideration Shares to be received by Holigen. The Transaction was overseen by an independent committee of directors of Flowr and was unanimously approved by the Independent Committee as well as the board of directors of each of Flowr and Akanda. Hyperion Capital Inc. provided the Independent Committee with an opinion, dated April 5, 2022, to the effect that, as of the date of such opinion, the consideration to be received by Flowr pursuant to the proposed Transaction is fair, from a financial point of view, to Flowr, based upon and subject to the respective assumptions, limitations, qualifications and other matters set forth in such opinions. At the closing of the Transaction, which is expected to be in the second quarter of 2022, Flowr expects to be able to reduce its existing senior indebtedness to $2.6M and have more than $25M in cash and marketable securities. Since December 2020, Flowr has been able to retire more than $50M in aggregate indebtedness.
ABT

Hot Stocks

07:34 EDT Abbott CEO: 'Business continues to perform well in a challenging environment' - "Our diversified business continues to perform well in a challenging environment," said Robert B. Ford, chairman and CEo Abbott. "We're particularly pleased with the strong performance we're achieving in Medical Devices and Established Pharmaceuticals."
REAX

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07:34 EDT The Real Brokerage Inc. rebrands Expetitle subsidiary to The Real Title - The Real Brokerage's wholly-owned subsidiary, Expetitle, has been renamed as The Real Title. Real acquired Expetitle in January 2022. The Real Title aims to simplify the paper-intensive and time-intensive title and escrow process, reducing errors and saving time. Tools that were a part of the original Expetitle app will now be integrated into Real's app. Sean Daly will remain CEO of The Real Title.
OPGN

Hot Stocks

07:33 EDT OpGen subsidiary commercially launches new sequencing, analysis services - OpGen announced that its subsidiary, Ares Genetics is commercially launching a series of new genome sequencing and analysis services globally. In March 2022, the WHO emphasized the critical importance of microbial genome sequencing for pandemic preparedness in its new 10-year strategy for the global genomic surveillance of pathogens with pandemic and epidemic potential. To help curb the global spread of antimicrobial resistance, AMR, pathogens, Ares Genetics is expanding its commercial offering of sequencing and analysis services aimed at clinical microbiologists and specialists in public health and infection prevention and control. The new services include ARESid and ARESiss Express. "We are delighted to respond to customer demand by introducing ARESiss Express," said Dr. Arne Materna, CEO of Ares Genetics. "ARESiss Express builds on our clinically validated platform for whole genome sequencing of bacterial isolates but reduces turnaround times from ARESiss by more than 80% to five business days in order to enable microbiologists and epidemiologists to analyze and respond to local outbreaks in a timely manner."
ABT

Hot Stocks

07:32 EDT Abbott reports Q1 global COVID-19 testing-related sales $3.3B
AMST

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07:32 EDT Amesite renews partnership with Michigan's Wayne State University - Amesite is extending its partnership with Wayne State University in Michigan for 3 years. This continued partnership will deliver professional certificate programs on Warrior TechSource - Wayne State University's proprietary Learning Community Environment - powered by Amesite. Their professional certificates focus on the automotive and related technologies.
OSIIF

Hot Stocks

07:26 EDT Osino Resources provides update on pre-feasibility study progress at Twin Hills - Osino Resources provides an update on progress made with the various development studies underway towards a PFS on the Company's Twin Hills Gold Project in Namibia. Twin Hills is an orogenic-style, sedimentary-hosted, structurally controlled gold project contemplated as an open pit. Osino published a preliminary economic analysis on Twin Hills in August 2020 and is in the process of working towards a PFS on Twin Hills based on the recently published updated MRE. Heye Daun, Osino's President & CEO commented: "We are confident that Twin Hills' mineral resource endowment will continue to grow, and we have already commenced with Indicated resource conversion drilling at Clouds and Twin Hills West, and follow-up drilling of the recently discovered high-grade shoots at Twin Hills Central and Clouds. We are also planning additional down-dip step-outs along the spine of all of the deposits and we believe that once completed, all of this drilling should result in another significant resource upgrade."
VFF

Hot Stocks

07:25 EDT Pure Sunfarms launches Pure Sunfarms FLOWERHOOD - Pure Sunfarms launches Pure Sunfarms FLOWERHOOD, a collaborative project featuring six artists bringing to life the stories of its flower through iconic artwork. The designs of each artist are thoughtfully applied to hand-selected vintage garments to create the one-of-a-kind FLOWERHOOD collection. The project brings to life the story of Pure Sunfarms signature strains through the eyes of Laura Garcia Serventi, Mia Ohki, Dan Climan, Studio A-OK, Lan Truong, and Ana Miminoshvili. The custom artwork created by each artist is rooted in the rich history of the strain and the anatomy of the plant itself, interpreted in their own style. The work expresses what each artist sees in the cannabis plant through hand-drawn and digital illustrations, paintings, and premium patchwork. The Pure Sunfarms FLOWERHOOD collection will be available exclusively on Pure Sunfarms Marketplace starting May 6, 2022, including a hand-painted denim jacket, screen-printed tees, and embroidered French chore coats.
DLTNF

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07:24 EDT Delta 9 Cannabis opens thirty-fifth cannabis retail store - Delta 9 Cannabis announces the grand opening of its thirty-fifth Delta 9 Cannabis retail store, and thirteenth cannabis store in the Province of Manitoba. Delta 9's newest retail store is located in the heart of the busiest shopping district in Winnipeg West. "The opening of our newest Winnipeg store highlights our commitment to continued expansion in our retail segment of our business. Two weeks ago, we announced the acquisition of a 17 retail store chain in Alberta and we expect to continue expanding our retail portfolio across Canada through organic growth and strategic acquisitions in the coming months," said John Arbuthnot, CEO of Delta 9. "We started 2020 with four retail stores and now have 35 cannabis retail stores in operation across the Canadian Prairies. The Company has an aggressive growth strategy to roll up additional cannabis retail stores into the Delta 9 retail network over the next 12 months."
GWAV

Hot Stocks

07:24 EDT Greenwave Technology appoints three directors to board - Greenwave Technology Solutions is pleased to report that it has appointed three independent members to its Board of Directors as well as its Audit, Compensation, and Nomination and Corporate Governance Committees. Greenwave, through its subsidiary Empire Services, currently operates 11 metal recycling facilities in Virginia and North Carolina. As a result of these appointments, Greenwave believes it has satisfied the corporate governance requirements of both NASDAQ and NYSE-MKT. Further, the Company expects it will meet the shareholder's equity requirement of national exchanges without an additional capital raise. Greenwave expects to submit its formal application to uplist to a national exchange imminently. "Greenwave is excited to welcome Cheryl Lanthorn, J. Bryan Plumlee and John Wood, three leaders in their respective fields and strong supporters of the Company, to our Board of Directors," stated Danny Meeks, Chief Executive Officer of Greenwave.
DLTNF

Hot Stocks

07:23 EDT Delta 9 Cannabis to launch Canada's first mobile cannabis store - Delta 9 Cannabis announces the launch of its first mobile cannabis store, licensed by the Liquor Gaming and Cannabis Authority of Manitoba, LGCA, to sell cannabis on-site at the 2022 Dauphin Countryfest and the 2022 Rock the Fields Minnedosa music festivals. Delta 9 is working with the LGCA to ensure the mobile unit meets the same safety and security requirements as Delta 9's permanent retail store network. The Company believes this will be Canada's first licensed mobile retail store to sell cannabis at music festivals. "We are excited to be the first cannabis retailer in Canada to develop a mobile store concept and receive temporary licenses from our regulator to participate in these flagship music festivals this summer in Manitoba," said John Arbuthnot, CEO of Delta 9. "These festivals are premier country and rock events in Manitoba and this represents a new milestone for cannabis availability in Canada. Our team is also currently exploring additional mobile and seasonal store opportunities in Manitoba and elsewhere."
CDNA

Hot Stocks

07:22 EDT CareDx announces over 25 presentations, posters at ISHLT meeting - CareDx announced a leading presence at the International Society for Heart and Lung Transplantation Annual Meeting and Scientific Sessions, with over 25 oral presentations and posters covering the latest innovations in heart and lung transplant surveillance and two symposia. ISHLT 2022 takes place on April 27-30 in Boston, Massachusetts. CareDx showcases its leadership in heart and lung transplant patient care with a significant body of evidence highlighting the value of its diagnostic tools for heart and lung transplant recipients. Notably, oral presentations covering interim findings from the SHORE observational study will be presented, highlighting the value of multimodality assessment of heart transplant health for assessing the risk of rejection and de novo donor-specific antibodies. Additionally, CareDx symposia will spotlight leaders in the field delivering cutting-edge content using multimodality solutions, HeartCare, AlloMap gene-expression profiling, and AlloSure donor-derived cell-free DNA. "CareDx is proud of its history of innovation in cardiothoracic transplantation, with many firsts, from multimodality molecular assessment of allograft health, to donor-derived cell-free DNA for lung transplantation, to recently introducing, XenoSure and XenoMap, for investigational use in xenotransplantation research," said Reg Seeto, CEO and President of CareDx. "It's extremely rewarding to have another remarkable presence at this year's ISHLT meeting with extensive data elucidating the clinical value of integrating CareDx solutions and multimodality assessments into clinical practice."
TRVN

Hot Stocks

07:19 EDT Trevena announces results from study evaluating OLINVYK, IV morphine - Trevena announced results from its double blinded, crossover study evaluating OLINVYK injection for the management of acute pain, in elderly/overweight. This study builds on the collaborative work with Dr. Albert Dahan and his research team at Leiden University Medical Center, LUMC. Dr. Dahan's team compared the analgesic and respiratory effects of two doses of OLINVYK and morphine administered intravenously in a population of elderly individuals. Subjects were tested on 4 occasions and randomized by drug and dose. The primary endpoint of the study was ventilatory rate at an extrapolated PCO2 of 55 mmHg. Key Findings: Both OLINVYK and IV morphine achieved comparable levels of pain relief. However, a statistically significantly reduced impact on respiratory function was observed in patients treated with OLINVYK compared to IV morphine, as measured by the mean respiratory ventilation profiles over time; In contrast to the lower dose of IV morphine, very little impact on respiratory function was observed with the lower dose of OLINVYK; At the higher dose of both drugs studied, less respiratory depression over the 6 h measurement period was observed with OLINVYK. In addition, in contrast to morphine, respiratory function at the higher dose of OLINVYK rapidly returned toward baseline from 3 hours onward; The data replicate the results from a previously reported study in younger subjects; Comparing the sensitivity of the impact on respiratory function from the earlier study and the results from the current study suggests that there is a nearly identical impact on respiratory function with OLINVYK in the younger and elderly age groups, while IV morphine data suggests an increase in impact in the elderly compared to the younger subjects.
GNS

Hot Stocks

07:19 EDT Genius Group appoints Richard Berman as audit committee chair - Genius Grou announced that its Board of Directors appointed Richard Berman as its Audit Committee Chair, as of March 31, 2022. Mr. Berman joined Genius Group's Board of Directors in January 2022.
DTC

Hot Stocks

07:18 EDT Solo Brands CFO buys $229K in common stock - In a regulatory filing, Solo Brands disclosed that its CFO Samuel Simmons bought 13K shares of common stock in a total transaction size of $229K.
DTC

Hot Stocks

07:18 EDT Solo Brands CEO buys $238K in common stock - In a regulatory filing, Solo Brands disclosed that its CEO John Merris bought 14K shares of common stock in a total transaction size of $238K.
ROIV

Hot Stocks

07:18 EDT VantAI forms research collaboration with Boehringer Ingelheim - VantAI and Boehringer Ingelheim announced that the two companies have entered into an early discovery research collaboration focused on degrading traditionally "undruggable" targets. The collaboration will initially focus on one degrader program combined with multiple proprietary E3 ligase platforms. The two organizations and their scientists will leverage VantAI's geometric deep learning platform to computationally streamline the design of new molecules optimized for each E3 platform, leveraging unique target-E3 interface contacts to create innovative routes for important drug parameters such as potency and selectivity. Boehringer Ingelheim has provided VantAI with an undisclosed upfront consideration along with additional preclinical, clinical, and commercial milestones. In addition, Boehringer Ingelheim has exclusive commercial licenses to the degraders that are developed for the initial target under this agreement and will be responsible for global development and commercialization.
ABSI

Hot Stocks

07:17 EDT Absci expands drug discovery capabilities with opening of AAIR Lab - Absci announced the opening of the Absci AI Research Lab, AAIR Lab, in Manhattan's Plaza District. This office opening comes on the heels of Absci's recent breakthrough achievements in machine learning for in silico antibody lead optimization, as well as its announcement of its collaboration with NVIDIA. The AAIR Lab, as a hub of Absci's AI research, will build on these recent successes and continue to advance the nature and scope of therapeutic protein design. "Absci's expansion into one of the geographic hearts of AI research marks an exciting milestone for our team and brings us closer to our vision for de novo drug and cell line design entirely in silico," said Sean McClain, founder and CEO of Absci. "We're eager to tap into the deep talent pool in New York, the Northeast, and beyond, as we leverage game-changing technology to deliver better drugs to patients faster, all while collaborating in a beautiful space just steps from Central Park." The AAIR Lab will support the expansion of Absci's Denovium Engine AI platform and deployment of its machine learning pipeline for predicting therapeutic protein sequences and cell line designs.
PYR

Hot Stocks

07:16 EDT PyroGenesis says DROSRITE systems in demand amid supply shortages - PyroGenesis Canada is pleased to provide a comprehensive update on its Aluminum business line. After unveiling an initial Aluminum Industry Strategy in September 2020, the Company's mandate has since expanded as global aluminum producers face increasing metal demand, rising energy costs, higher market prices for hiqh-quality aluminum, and approaching carbon emissions targets. As a result, the Company has increased sales efforts and R&D, targeting innovative new uses of its ultra-high heat expertise and plasma-based solutions. All of these endeavors have reached client-discussion stage. "Due to a series of macroeconomic and geopolitical factors that have intensified the already tightening market for aluminum - even now the world's 2nd most widely used metal after steel, and whose demand is estimated to rise by 80% over the next two decades - aluminum prices have spiked, currently up almost 40% after rising as high as 56% year-over-year in March," said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. "As the metal has become more valuable and with raw material supply chains experiencing added volatility, producers are seeking technological answers to boost their production yield, and PyroGenesis solutions, most notably our Drosrite dross recovery system, provides an in-stream benefit." "We have entered an exciting stage in our aluminum business line", continued Mr. Pascali, "Therefore, we decided to provide a timely update regarding all areas of this business line and the impact we are having with aluminum producers around the world."
FGEN

Hot Stocks

07:15 EDT FibroGen announces completion of patient enrollment for ZEPHYRUS-1 - FibroGen announced completion of patient enrollment for ZEPHYRUS-1, the first of two Phase 3 clinical studies of pamrevlumab in patients with idiopathic pulmonary fibrosis, IPF, a chronic, progressive, and fatal lung disease. Three hundred fifty-six IPF patients have been enrolled into ZEPHYRUS-1, a Phase 3 trial designed to evaluate the efficacy and safety of pamrevlumab in patients with IPF. The primary endpoint of the study is change from baseline in forced vital capacity, FVC. Top-line data from ZEPHYRUS-1 is anticipated in mid-2023.
TNXP

Hot Stocks

07:14 EDT Tonix Pharmaceuticals announces results of retrospective study of Long COVID - Tonix Pharmaceuticals announced the results of a retrospective observational database study in over 50,000 patients diagnosed with Long COVID. Long COVID is known officially as Post-Acute Sequelae of COVID-19. The goal of the retrospective database study was to assess the proportion of Long COVID patients who experience fibromyalgia-like multi-site pain and to measure their use of opiates. In the study, over 40% of patients with symptoms of Long COVID had fibromyalgia-like multi-site pain. In addition, the study reported on the rate of opioid use in Long COVID patients. Opioid use noted was in 36% of Long COVID patients with multi-site pain symptoms relative to 19% of Long COVID patients without multi-site pain. In patients with multisite pain, opiate use increased to 39% of patients when fatigue was present, and 50% of patients when insomnia was present. "We undertook this retrospective analysis in part to determine the feasibility and representative nature of our upcoming Phase 2 study of TNX-102 SL in patients with Long COVID who present with fibromyalgia-like multi-site pain," said Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals. "The finding that more than 40% of Long COVID patients in this sample have fibromyalgia-like multi-site pain symptoms suggests that we should be able to recruit a robust cohort of participants to test the effects of TNX-102 SL in treating this condition. Further, these findings suggest that the group of Long COVID patients with fibromyalgia-like multi-site pain represents a significant portion of this underserved population. Finally, the high level of opiate use reveals the urgency to provide effective non-opioid analgesia that is targeted toward widespread pain thought to be nociplastic in nature, meaning that augmented CNS pain and sensory processing, as well as altered pain modulation, play a role. The primary efficacy endpoint of the upcoming Phase 2 study will therefore be change from baseline in the weekly average of daily self-reported worst pain intensity scores."
WAB TRMB

Hot Stocks

07:14 EDT Wabtec to acquire Trimble Beena Vision business, terms undisclosed - Wabtec (WAB) announced the company has signed a definitive agreement to acquire Trimble's (TRMB) Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed. Beena Vision's business has been reported as part of the Trimble Transportation Segment. The sale will not have a material impact on the segment or overall financial results.
XRTX

Hot Stocks

07:13 EDT Xortx Therapeutics receives SME status for the European Union - XORTX Therapeutics is pleased to announce receipt of Small and Medium Enterprise status for the European Union. This status is applicable for European Medicines Agency related interactions and confirmed by the SME office - Regulatory Science and Innovation Task Force. SME status provides reduced costs to the Company as it initiates discussions with the US Food and Drug Administration and EMA regarding the upcoming XRX-OXY-301 phase 3 registration trial for XRx-008 and other clinical programs. SME status allows XORTX to benefit from significant financial incentives such as a 90% EMA fee reduction for scientific advice, clinical study protocol design, endpoint and statistical considerations, quality inspections and fee waivers for future EMA pre and post-authorization regulatory filings such as Orphan Drug Designation. XORTX is currently conducting its clinical trial - XRX-OXY-101 - a "bridging pharmacokinetics" study. This study is a three-part, single-dose; fed or fasted; then, multi-dose crossover comparative bioavailability and pharmacokinetic study in healthy volunteers. It is designed to permit XORTX to characterize the safety and relative bioavailability of the XRx-008 formulation. Knowledge gained during the conduct of this trial will provide guidance regarding the oral dose of XRx-008 for the Company's planned registration trial in autosomal dominant polycystic kidney disease. Additionally, this study will provide data to support future New Drug Application submissions to the FDA and the EMA. This study is planned to start in the second quarter of 2022. XRX-OXY-301 Registration trial in ADPKD. XRX-OXY-301 is a multi-site, multi-national, placebo controlled, study in ADPKD patients with progressing kidney disease. The objective of this study is to evaluate the safety and effectiveness of XRx-008 over a 24-month period and study the ability of xanthine oxidase inhibition to decrease the rate of decline of glomerular filtration rate. An estimated 350 patients will be enrolled. This study is planned to start in the second half of 2022, subject to SPA negotiations with the FDA.
VIGL SRPT

Hot Stocks

07:12 EDT Vigil Neuroscience appoints Christopher Verni as general counsel - Vigil Neuroscience (VIGL) announced the appointments of Christopher Verni as General Counsel and Mary Thistle to its Board of Directors. He was most recently Senior Vice President, Deputy General Counsel and Chief Intellectual Property Officer at Sarepta Therapeutics (SRPT). Thistle currently serves as Special Advisor at the Bill & Melinda Gates Research Institute.
IO SHEL

Hot Stocks

07:11 EDT Ion Geophysical awarded five year contract with Brunei Shell Petroleum - ION Geophysical (IO) announced that it has been awarded a five-year contract by Brunei Shell Petroleum, BSP, a joint venture between the Government of Brunei and Shell (SHEL), for a digital solution to manage Marine Logistics. The solution will be delivered utilizing the Marlin software suite and will include vessel monitoring, berth management, and visual reporting tools for material supply workflows. The solution will digitize a number of manual processes and will also interface with existing tools, enhancing BSP's ability to make informed decisions whilst managing its fleet of more than 70 vessels servicing over 200 offshore structures. "We are thrilled to be able to embark on this journey with BSP, to see them become a leader in digital integration of Exploration and Production Marine Logistics," said Stuart Darling, Senior Vice President of ION's Software group. "With every engagement, our goal is to demonstrate excellent service quality; we are delighted that our solution was chosen as part of a competitive tender process. By working closely with BSP over the next five years, we intend to leverage Marlin's robust, cloud-based infrastructure, to digitize as many workflows as possible to ensure BSP reaps maximum value from their investment."
ALVR

Hot Stocks

07:10 EDT AlloVir receives FDA RMAT designation for posoleucel - AlloVir announced that the FDA has granted Regenerative Medicine Advanced Therapy, or RMAT, designation to its investigational multi-virus-specific T cell therapy, posoleucel, for the prevention of clinically significant infections and disease from six devastating viruses that commonly impact high-risk adult and pediatric patients following allogeneic hematopoietic cell transplant - adenovirus, BK virus, cytomegalovirus, Epstein-Barr virus, human herpes virus-6 and JC virus. This is the third RMAT designation that FDA has granted to posoleucel, in recognition of the therapy's transformative potential to address significant unmet medical needs facing immunocompromised allo-HCT patients.
ENOB LCTX

Hot Stocks

07:10 EDT Enochian Biosciences appoints Binette as EVP for Research, Development - Enochian BioSciences (ENOB) is announcing the appointment of Dr. Francois Binette, Ph.D. as Executive Vice President, EVP, for Research and Development. Dr. Binette brings over 25 years of Advanced Therapy and Regenerative Medicine product development expertise, most recently as Senior VP of Product Development at Lineage Cell Therapeutics (LCTX).
MDGIF

Hot Stocks

07:09 EDT OTC Markets Group welcomes Media and Games Invest to OTCQX - OTC Markets Group announced Media and Games Invest, an advertising software platform with first party games content, has qualified to trade on the OTCQX Best Market. Media and Games Invest SE upgraded to OTCQX from the Pink market.
WINT

Hot Stocks

07:08 EDT Windtree Therapeutics announces results from Phase 2 SEISMiC study - Windtree Therapeutics announced positive primary results with istaroxime in rapidly raising systolic blood pressure, the critical clinical objective in treating patients in cardiogenic shock. The SEISMiC Phase 2 study in early cardiogenic shock is a study enrolling 60 patients with Society for Cardiovascular Angiography & Interventions stage B early cardiogenic shock due to severe heart failure with systolic blood pressures between 75-90 mmHg. The primary endpoint was the difference in SBP area under the curve over six hours after initiating the infusion. Secondary endpoints included characterization of blood pressure changes over 24 hours, various assessments of systolic and diastolic cardiac function, assessment of renal function and measures associated with safety and tolerability. Topline study results: The study met its primary endpoint in SBP profile over six hours, with the istaroxime treated group performing significantly better compared to the control group. Further details of study results are planned to be presented at the European Society of Cardiology Heart Failure meeting to be held May 21-24, 2022.
KSS

Hot Stocks

07:07 EDT Kohl's holder Macellum issues letter highlighting need for boardroom change - Macellum Advisors, a long-term holder of nearly 5% of the outstanding common shares of Kohl's Corporation issued a comprehensive presentation that details the urgent case for change in Kohl's' boardroom and summarizes its director candidates' value-enhancing vision. As a reminder, Jonathan Duskin, Macellum's Managing Partner, commented: "Following our initial campaign for change last year, Kohl's has continued to significantly underperform while we contend that management and the Board have overseen a flawed alternatives process, initiated shareholder-unfriendly maneuvers, including the adoption of a two-tier poison pill, and unveiled yet another standalone strategy that does not appear to placate investors' concerns, as evidenced by the roughly 13% decline in the Company's share price following its release. Over a longer term, Kohl's' shares have consistently lagged relevant peers and indices and the Company's sales, gross margin growth and valuation have continued to deteriorate. Meanwhile, leadership has overseen numerous strategic missteps, including significant market share losses despite a $26.4 billion opportunity created by retail bankruptcies over the last five years, wasteful spending on capital expenditures and approximately $8 billion in owned real estate sitting idle on the Company's balance sheet. In our view, leadership's repeated failure to create value for shareholders stems from a lack of relevant retail, financial and governance expertise across the current Board and management team. Kohl's is at a critical inflection point today. Our slate's comprehensive plan seeks to address all the impediments to enduring value creation under the current Board and enable our nominees to position the Company for long-term success. If elected, our nominees will bring fresh perspectives and much-needed skills to help the Board evaluate sale opportunities relative to a superior strategic, operational and financial plan. At this year's Annual Meeting, we urge shareholders not to double down on a failing Board and management team."
HOOK

Hot Stocks

07:07 EDT Hookipa Pharma appoints Tim Reilly to board of directors - HOOKIPA Pharma announced the appointment of Tim Reilly, Ph.D. to its Board of Directors, effective immediately. Tim currently serves as Chief Development Officer at HotSpot Therapeutics, a biotechnology company pioneering the discovery and development of novel small molecule allosteric therapies directed at natural hotspots for the treatment of cancer and autoimmune disease.
UEC

Hot Stocks

07:06 EDT Uranium Energy increases U.S. warehoused uranium holdings - Uranium Energy Corp has secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U3O8, with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound. UEC's physical uranium program represents an unrealized gain of over $125M. UEC's U.S. warehoused physical uranium program is currently the largest inventory position for a U.S. based uranium company.
NDAQ

Hot Stocks

07:06 EDT Nasdaq board increases quarterly dividend 11% to 60c per share - Nasdaq announced that the Board has approved an 11% increase in the regular quarterly dividend, and that the company has begun seeking necessary shareholder and SEC approvals that would allow the company to execute a 3-for-1 stock split. The company has declared a regular quarterly dividend of 60c per share on the company's outstanding common stock, an 11% increase. The dividend is payable on June 24, 2022 to shareholders of record at the close of business on June 10, 2022. Planned 3-for-1 stock split: The company has announced its plan to request shareholder approval at the upcoming 2022 Annual Meeting of Shareholders for an increase in the number of authorized shares of common stock through an amendment to the Company's Amended and Restated Certificate of Incorporation in order to enable a 3-for-1 stock split of the Company's common stock in the form of a stock dividend. The proposed amendment to the Amended and Restated Certificate of Incorporation will be voted on by shareholders at the Annual Meeting, which will be held on June 22, 2022. Upon SEC and shareholder approval, the Nasdaq Board of Directors intends to declare the stock split and set a record date and distribution date for the stock dividend, which is expected to occur in the third quarter of 2022.
AGFY

Hot Stocks

07:06 EDT Agrify launches VFU Rapid Deployment Packs - Agrify announced it is launching its line of VFU Rapid Deployment Packs designed to quickly deploy 10, 15, 20 or 28 prepackaged Agrify Vertical Farm Units in a single-tiered setup at customer facilities. Preconfigured for rapid deployment, Agrify RDP customers can immediately begin cultivating exceptional quality cannabis accelerating time to profitability. Operational within weeks, Agrify RDPs quickly validate the value proposition of cultivating using VFUs for operators, as VFUs can generate a higher and more consistent yield of superior flower at a lower operational cost when compared to traditional cultivation setups. Agrify RDPs are ideal for customers interested in VFU technology who would like to reduce the expense and delay of building out their facility, minimize the time required to having saleable product in market, and allows operators - in particular MSOs - to validate VFUs without undertaking major building renovations while minimizing disruption to their existing facility and operations.
CMPS

Hot Stocks

07:05 EDT Compass Pathways partners with One Mind for Rising Star Awards - COMPASS Pathways announced it is partnering with One Mind, a leading mental health research non-profit based in California, to sponsor three "2022 One Mind - COMPASS Rising Stars Awards". The One Mind Rising Star Awards are given each year to promising early career investigators who are pursuing research with the potential to dramatically advance the understanding and treatment of mental illnesses, and to improve patient outcomes. A Request for Applications was issued by One Mind today and up to three winners will be selected by One Mind's Scientific Advisory Board through a competitive process. The winners, to be announced in September 2022, will each receive a $300,000 research grant sponsored by COMPASS over three years. They will also be eligible to participate in select leadership development and entrepreneurship opportunities through the One Mind Rising Star Development Program offered by One Mind.
PG

Hot Stocks

07:02 EDT Procter & Gamble backs FY22 core EPS growth view of 3%-6% - Raises FY22 sales growth view to up 4%-5% from 3%-4%. P&G said its "current fiscal 2022 outlook includes headwinds of $2.5 billion after-tax from higher commodity costs, $400 million after-tax from higher freight costs and $300 million after-tax from negative foreign exchange impacts... Capital spending is estimated to be in the range of four percent to five percent of fiscal 2022 net sales. "
RYB

Hot Stocks

07:02 EDT RYB Education receives NYSE notice of non-compliance - RYB Education announced that, it has received a letter from the New York Stock Exchange dated April 19, notifying RYB that it is below compliance criteria in connection with the performance of trading price of RYB's American depositary shares. Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance criteria if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. Following receipt of the notification, the company must bring its share price and average share price back above $1.00 within six months.
PG

Hot Stocks

07:00 EDT Procter & Gamble reports Q3 gross margin down 400bps - The company states: "Gross margin for the quarter decreased 400 basis points versus year ago, 380 basis points on a currency-neutral basis. The decline was driven by 410 basis points of increased commodity costs, 80 basis points of higher freight costs, 30 basis of product/package reinvestments and 130 basis points of negative product mix. These were partially offset by benefits of 220 basis points from increased pricing and 50 basis points from gross productivity savings and other impacts."
PG

Hot Stocks

07:00 EDT Procter & Gamble reports Q3 organic sales up 10% - The organic sales increase was "driven by a three percent increase in shipment volumes, five percent from increased pricing, and a two percent increase from positive geographic and product mix."
NAVB

Hot Stocks

06:59 EDT Navidea reports preliminary results from ongoing NAV3-32 Phase 2B study - Navidea Biopharmaceuticals announced preliminary results from the ongoing NAV3-32 Phase 2B study titled, "A Comparison of Tc99m Tilmanocept Quantitative Imaging With Immunohistochemical Analysis of CD206 Expression in Synovial Tissue From Subjects Clinically Diagnosed With Rheumatoid Arthritis." Preliminary results on the first eleven patients indicates that quantitative Tc99m tilmanocept uptake in the hands and wrists of patients is proportional to the amount of macrophage involvement in an individual rheumatoid arthritis patient's joint inflammation. Additionally, Tc99m tilmanocept uptake in RA-inflamed joints was able to discretely differentiate patients with the fibroid pathotype from those having either the diffuse myeloid or lympho-myeloid pathotypes of RA.
NAVB

Hot Stocks

06:59 EDT Navidea announces updated U.S., European market valuation of Tc99m tilmanocept - Navidea announced the results of an updated third-party asset valuation of its Rheumatoid Arthritis diagnostic product candidate for both the U.S. and EU markets. The company engaged the independent third-party valuation firm, LifeSci Consulting, to perform a U.S.-focused primary market research valuation and a secondary market analysis for the EU of its advanced pipeline product Tc99m tilmanocept for prediction of treatment efficacy of anti-tumor necrosis factor alpha therapy in RA. The company's active Phase 3 trial will evaluate the ability of Tc99m tilmanocept imaging to serve as an early predictor of treatment response in RA patients switching to an anti-TNFalpha therapy. Under base-case assumptions, the report estimates that peak combined U.S. and EU sales could reach $1.2B annually, and in the upside scenario peak annual U.S. and EU sales could reach $2.6B. Opportunities for added value include possible indication expansion to other classes of RA therapeutics, registration of Tc99m tilmanocept imaging as a biomarker of activated macrophages in the joints of patients with RA, and expansion into additional geographic areas.
KR

Hot Stocks

06:52 EDT Kroger to hire over 200 associates to bring Kroger Delivery to South Florida - Kroger announced it is now hiring more than 200 associates as it prepares to bring Kroger Delivery to the South Florida market this summer, providing fresh food and the convenient, exceptional service to area residents.
GLRE

Hot Stocks

06:47 EDT Greenlight Capital Re commences underwriting at Lloyd's through Syndicate 3456 - Greenlight Capital Re has received Lloyd's approval for Syndicate 3456 to commence underwriting, effective April 1st. Greenlight Innovation Syndicate 3456 was launched under the syndicate in a box model and has appointed Andy Gladwin as Active Underwriter. The syndicate will provide insurance capacity to insurtechs within Greenlight Re's growing portfolio of insurtech partnerships.
MRK

Hot Stocks

06:46 EDT Merck: Joseph Romanelli to lead Merck Human Health International - Merck announced that Joseph Romanelli will lead Human Health International, and join Merck's Executive Team, effective August 1. He will report directly to Robert Davis, CEO and president, Merck. As previously announced, Arpa Garay leads Human Health Global Marketing, and Jannie Oosthuizen leads Human Health U.S., both also reporting to Davis. In this role, Romanelli will have P&L responsibility for Merck's $22B international human health business and lead a team of 14,000 colleagues in more than 75 markets outside of the U.S. Romanelli returns to Merck after serving as CEO of JiXing Pharmaceuticals, a China-based biopharmaceutical company, since 2021.
F...

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06:39 EDT EU passenger car registrations down 20.5% in March - In March, passenger car registrations in the European Union continued to decline 20.5% with 844,187 units sold, according to the European Automobile Manufacturers Association. Most countries in the region recorded double-digit drops in sales, including the four key markets of Spain, Italy, France and Germany, the group stated. Publicly traded automakers include Daimler AG (DDAIF), Ford (F), General Motors (GM), Honda (HMC), Nissan (NSANY), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).
HGEN

Hot Stocks

06:38 EDT Humanigen's lenzilumab reduces cytokine release syndrome in published study - Humanigen announced a peer-reviewed publication in oncology and hematology journal Leukemia. This publication is an addition to the findings from a previous article in the hematology journal, blood, which demonstrated that neutralization of GM-CSF with proprietary lenzilumab - Lenz - was able to break the efficacy/toxicity linkage by reducing cytokine release syndrome - CRS - and neuroinflammation while enhancing CAR-T function, and results in enhanced anti-tumor activity in vivo. These data published in Leukemia indicate that GM-CSFko CAR-T cells result in enhanced CAR-T cell proliferation and anti-tumor activity while being associated with a marked reduction in GM-CSF levels, which have been linked to CAR-T associated toxicities. The widespread adoption of CAR-T therapy is limited, in part, by the common toxicities of ICANS and CRS and the financial and health burden that this creates. The upcoming Phase 3 CAR-T study, known as SHIELD, will determine the efficacy and safety of prophylactic lenzilumab on the rates of ICANS, CRS, and CAR-T efficacy, to begin 1H22. Lenzilumab is a proprietary Humaneered first-in-class monoclonal antibody. Humanigen believes that GM-CSF neutralization with lenzilumab also has the potential to reduce the hyper-inflammatory cascade known as cytokine release syndrome common to CAR-T therapy and acute Graft versus Host Disease.
LULU

Hot Stocks

06:32 EDT Lululemon announces five year growth plan to double revenue to $12.5B by 2026 - Building upon the momentum of the last three years and having successfully delivered its overall revenue and earnings goals early, lululemon athletica announced its new Power of Three 2 growth strategy. Leveraging its proven formula and supported by the company's commitment to its Impact Agenda, the company plans to double its 2021 revenue of $6.25B to $12.5B by 2026. It expects significant growth across key pillars including product innovation, guest experience, and market expansion. The company's Power of Three 2 growth strategy includes a plan to double men's and digital revenues, and to quadruple international revenues relative to 2021. The company's women's business, store channel, and North American operations will continue to play an important role in the strategy, with women's and North America each expected to generate low double digit compound annual growth rates in revenue over the next five years, while stores are expected to grow in the mid-teens. "The success of our Power of Three formula in delivering on our 2023 growth strategy supports our goal to double the business over the next five years," said Calvin McDonald, Chief Executive Officer. "We remain early in our growth journey, with our strong product engine, proven ability to create enduring guest relationships, and significant runway in core, existing, and new markets. Following our compelling track record of delivering against our goals, I am excited about taking our growth strategies to the next level to serve more and more guests around the world." lululemon's strategic growth plan is underpinned by the Company's strong financial position. In addition to doubling men's and digital, and quadrupling international revenues, other key financial goals of the Company's Power of Three 2 growth strategy include: Total net revenue CAGR of 15% between 2021 and 2026; Modest operating expansion annually; EPS growth to outpace revenue growth; Annual square footage growth in the low double digits. "We are setting bold but realistic 2026 targets from a position of financial strength, while delivering on our 2023 goals with significant growth across our core business," said Meghan Frank, CFO. "We have a long runway ahead and are well-positioned to build on our strong momentum and deliver sustainable long-term value creation for all our stakeholders."
FULT

Hot Stocks

06:30 EDT Fulton Financial now sees FY22 NII $690M-$705M vs. prior $660M-$680M view - Now sees FY22 non-interest income $225M-$235M vs. previous view of $230M-$245M. Sees FY22 non-interest expense $595M-$605M vs. prior view of $580M-$600M. Sees FY22 effective tax rate 17%-17.5% vs. previous view of 16.5%-17.5%. Comments taken from Q1 earnings conference call presentation slides.
DANOY

Hot Stocks

06:27 EDT Danone sees FY22 price-led LFL sales growth 3%-5% - Danone reiterated its 2022 guidance, supported by pricing actions, mix management and productivity efforts: price-led like-for-like sales growth between +3 and +5% and a recurring operating margin above 12%.
CS

Hot Stocks

06:24 EDT Credit Suisse now expects a loss in reported earnings for Q1 - Credit Suisse Group AG announced that its reported earnings for the first quarter of 2022 will be negatively impacted by a decision to increase litigation provisions relating to developments in a number of previously disclosed legal matters, all of which originated more than a decade ago, by approximately CHF 600 million, resulting in total litigation provisions for the quarter of approximately CHF 700 million. The Group will announce its earnings for the first quarter of 2022 on Wednesday, April 27th, and would expect to report a loss as a consequence of this increase in reserves. "With regard to our exposure to the impact of Russia's invasion of Ukraine both on our counterparties and on our credit risks, our results will be adversely affected by an aggregate of approximately CHF 200 million of negative revenues and provisions for credit losses. As noted in our 2021 Annual Report last month, our first quarter results will also include approximately CHF 350 million of losses relating to the decrease in the value of our 8.6% holding in the publicly listed Allfunds Group, and our underlying results have been adversely impacted by a reduction in capital market issuances and by lower business activity. These losses will be partially offset by a recovery in provisions of approximately CHF 170 million in respect of claims against Archegos and by real estate gains of approximately CHF 160 million."
TKAYY

Hot Stocks

06:22 EDT Just Eat Takeaway exploring sale of Grubhub - Just Eat Takeaway.com, in a trading update, said its management is currently, together with its advisers, is "actively exploring the introduction of a strategic partner into and/or the partial or full sale of Grubhub. There can be no certainty that any such strategic actions will be agreed or what the timing of such agreements will be. Further announcements will be made as and when appropriate."
OKTA

Hot Stocks

06:11 EDT Okta says January breach lasted 25 minutes, impacted two customers - David Bradbury, the chief security officer at Okta, said in a blog post that the company has concluded its investigation into the January 2022 compromise of its third-party vendor. "The final forensic report of the globally recognized cybersecurity firm we engaged concluded that: The threat actor actively controlled a single workstation, used by a Sitel support engineer, with access to Okta resources. Control lasted for 25 consecutive minutes on January 21, 2022. During that limited window of time, the threat actor accessed two active customer tenants within the SuperUser application (whom we have separately notified), and viewed limited additional information in certain other applications like Slack and Jira that cannot be used to perform actions in Okta customer tenants. The threat actor was unable to successfully perform any configuration changes, MFA or password resets, or customer support "impersonation" events. The threat actor was unable to authenticate directly to any Okta accounts. While the overall impact of the compromise has been determined to be significantly smaller than we initially scoped, we recognize the broad toll this kind of compromise can have on our customers and their trust in Okta... The conclusions from the final forensic report do not lessen our determination to take corrective actions designed to prevent similar events and improve our ability to respond to security incidents. That starts with reviewing our security processes and pushing for new ways to accelerate updates from third parties and internally for potential issues, both big and small." Reference Link
MAXR

Hot Stocks

06:08 EDT Maxar Technologies makes investment in geospatial platform Blackshar.ai - Maxar Technologies announced its strategic investment in Blackshark.ai, a provider of AI-powered geospatial analytics services. Blackshark.ai will leverage Maxar's global cloudless satellite imagery basemap, Vivid, to create a photo-realistic 3D map for enterprise and government customers in industries such as gaming, metaverse, simulation and mixed reality environments. The Blackshark.ai platform processes petabytes of satellite imagery in hours, and it detects and segments objects, roads, vegetation, and other infrastructure on the surface of the planet without human intervention. This semantic information is used to create a comprehensive 3D digital model of the world.
KBR

Hot Stocks

06:08 EDT KBR awarded seven-year contract for GMS by SATORP - KBR announced that it has been awarded a seven-year contract with an option to extend for another three years, for the provision of General Maintenance Services, or GMS, by Saudi Aramco Total Refining and Petrochemical Company, or SATORP, for its project in Jubail, Kingdom of Saudi Arabia. Under the terms of the contract, KBR will provide preventive, predictive, corrective, and shutdown maintenance services at the refinery, with a focus on continuous improvement and sustainable asset performance. By integrating lessons learned from a decade-long partnership, KBR aims to achieve top quartile plant performance while optimizing costs. Through this partnership, KBR reaffirms its commitment to Saudization and maintaining a Zero Harm safety culture at the refinery.
KKR

Hot Stocks

06:07 EDT Ontario Teachers' PPB to invest $175M in KKR's road platform in India - KKR and Ontario Teachers' Pension Plan Board announced the signing of agreements under which Ontario Teachers' will invest up to $175M in KKR's road platform in India, which includes Highway Concessions One. The road platform comprises a portfolio of 12 road assets, including six that are proposed to be acquired pursuant to definitive agreements that have been signed. This includes a diversified mix of toll and annuity roads, with a total length of more than 910 kilometers across 11 states, including Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Meghalayan, Odisha, Rajasthan, Tamil Nadu, Telangana, and West Bengal. The platform possesses significant potential to scale, with plans in place to acquire more assets in the future. The transaction is expected to be completed in Q3 2022, subject to regulatory approvals and closing conditions.
AMZN

Hot Stocks

06:06 EDT Amazon.com announces 37 new renewable energy projects around the world - Amazon announced 37 new renewable energy projects around the world, marking significant progress on its path to power 100% of its operations with renewable energy by 2025-five years ahead of the original target of 2030. The new projects increase the capacity of Amazon's renewable energy portfolio by nearly 30%, from 12.2 gigawatts to 15.7 GW, and bring the total number of renewable energy projects to 310 across 19 countries. The additional 3.5 GW of clean energy capacity from these new projects extends Amazon's leadership position as the world's largest corporate buyer of renewable energy, and advances its efforts to meet The Climate Pledge, a commitment to be net-zero carbon by 2040-10 years ahead of the Paris Agreement.
ACN

Hot Stocks

06:04 EDT Accenture announces intent to acquire Greenfish, terms not disclosed - Accenture has announced its intent to acquire Greenfish, an independent engineering and advisory company specializing in sustainability consultancy services. Financial terms of the transaction are not being disclosed. Founded in 2010 and based in Brussels, Greenfish provides sustainability consultancy services and engineering solutions to accelerate sustainable business transformation, from strategy to implementation. With offices in Belgium, France and the Netherlands, the company's more than 270 highly skilled professionals would join Accenture Sustainability Services.
BBY

Hot Stocks

06:03 EDT Best Buy launches home pick-up recycling service - Best Buy is picking up old tech directly from customers' homes, starting this month. Once picked up, all products are then recycled. Anyone in the U.S. can now request pickup and recycling for old electronics, keeping tech, including appliances, out of landfills and giving it a second life. The Best Buy Standalone Haul-Away service will remove and recycle up to two large products - including TVs, major appliances, all-in-one computers and monitors -, along with select smaller products, like laptops, cameras, cords, gaming consoles and more. The new Standalone Haul-Away service is available for $199.99. Best Buy Totaltech members save 20% on the Standalone Haul-Away service. This new service is in addition to the Haul-Away service Best Buy currently offers to customers when they purchase a new TV, major appliance or select fitness equipment, and want to recycle the product they're replacing. Customer can also drop off up to three electronics per household, per day at Best Buy stores.
ANTM

Hot Stocks

06:03 EDT Anthem: Medical enrollment totaled 46.8M members at March 31 - Medical enrollment totaled approximately 46.8 million members as of March 31, 2022, an increase of 3.3 million, or 7.5 percent from the prior year quarter. Government Business enrollment increased by 2.1 million lives compared to the prior year quarter, primarily driven by organic growth in the Medicaid business, aided by the suspension of eligibility recertification efforts in our markets, the acquisitions of MMM and Paramount Advantage, the launch of HealthyBlue in North Carolina, and organic growth in Medicare Advantage. Commercial & Specialty Business enrollment increased by 1.1 million year over year primarily driven by strong sales in both fee-based and risk-based businesses. During the first quarter of 2022, medical enrollment increased by 1.4 million lives driven by organic growth in our Commercial fee-based business, the acquisition of Paramount Advantage's Medicaid members in Ohio, and growth in Individual Medicare Advantage enrollment.
AVNT

Hot Stocks

05:33 EDT Avient to acquire DSM Protective Materials business for $1.49B, sees accretion - Avient announced that it has entered into an agreement with Royal DSM, or DSM, to purchase the DSM Protective Materials business. The purchase price of $1.49B is subject to certain customary adjustments. In conjunction with this proposed acquisition, Avient has also announced that it plans to explore sale options for its Avient Distribution business. Excluding intangible amortization, the acquisition will be immediately accretive to EPS, adding approximately 35c per share on a pro forma basis for 2022. Further, Avient's composites platform with the Dyneema business will represent over 50% of the company's Specialty Engineered Materials segment sales. The acquisition has been approved by the boards of directors at both Avient and DSM and is expected to close later this year, subject to the satisfaction of customary closing conditions.
SOND

Hot Stocks

05:23 EDT Sonder Holdings to add four new hotels to its portfolio in London - Sonder Holdings is adding four new hotels in central locations to its portfolio in London. In April, Sonder opened The Henry, a 102-key hotel close to Hyde Park in Bayswater, and The Voyage, a 53-key hotel on Norfolk Square close to Paddington Station. A further property on Norfolk Square will follow shortly: The Rove, with 74 keys. Additionally, in the second half of 2022, Sonder will open an 86-key hotel near to Bedford Square in Bloomsbury. All are located close to major business districts, tourist attractions and transport hubs, and have been updated to offer Sonder's signature exceptional design and tech-enabled, modern service. Building on recent expansion, with an ongoing focus on prime locations, these four properties will join the six existing hotels in Sonder's London portfolio.
ABBV

Hot Stocks

05:20 EDT AbbVie terminates alpha-synuclein antibodies collaboration with BioArctic - BioArctic AB has announced that the company's partner AbbVie has decided to terminate its collaboration with BioArctic regarding the portfolio of alpha-synuclein antibodies, including ABBV-0805. BioArctic and AbbVie have collaborated since 2016 regarding the research and development of BioArctic's portfolio of alpha-synuclein antibodies for Parkinson's disease and other potential indications. In 2019, a Phase 1 study of the lead asset, ABBV-0805, was initiated, and results from the study, presented at the International Congress of Parkinson's Disease and Movement Disorders, or MDS, in September 2021, supports a continuation into Phase 2 with once-monthly dosing.
PL

Hot Stocks

05:16 EDT Planet Labs reports PlanetScope, SkySat join ESA Third Party Missions portfolio - Planet Labs announced that Planet's PlanetScope and SkySat data have joined the European Space Agency, or ESA, Third Party Missions portfolio, enabling ESA to utilize Planet data for scientific, research, and pre-operational Earth Observation based applications development. Through distribution under the ESA Earthnet Programme, European researchers, scientists, and companies can access Planet's high-frequency, high-resolution satellite data for non-commercial use.
LAD

Hot Stocks

05:09 EDT Lithia & Driveway announces 42c per share dividend - The company's board of directors approved a dividend of 42c per share related to Q1 financial results. The company expects to pay the dividend on May 27 to shareholders of record on May 13.
YUMC

Hot Stocks

05:00 EDT Yum China considers declaration of dividend in May - Yum China announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, or HKEX, which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors will consider the declaration and payment of a quarterly dividend. If the board decides to proceed, the declaration will be adopted by board resolution on or around May 4and will be promptly disclosed by the company.