Stockwinners Market Radar for May 12, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

U

Hot Stocks

20:13 EDT Cathie Wood's ARK Investment bought 331.6K shares of Unity Software today
COIN

Hot Stocks

20:12 EDT Cathie Wood's ARK Investment bought 240.8K shares of Coinbase today
SBUX

Hot Stocks

19:52 EDT Starbucks interim CEO Schultz buys $10M in common stock - In a regulatory filing, Starbucks disclosed that its interim CEO Howard Schultz bought 137.5K shares of common stock on May 10th in a total transaction size of $10M.
LMT

Hot Stocks

19:06 EDT Lockheed Martin awarded $129.0M U.S. Army contract modification - Lockheed Martin was awarded a $129,040,507 modification to contract W56KGY-21-C-0010 for the purchase of six radar systems, spares, tool kits, remote computer display units, integrated computer systems, training, contractor technical assistance, field service representatives, software support and program management. Work will be performed in Syracuse, New York, with an estimated completion date of Aug. 11, 2026.
MU

Hot Stocks

18:46 EDT Micron CEO: Our end markets are well diversified - In an interview on CNBC's Mad Money, Sanjay Mehrotra said demand trends are secular in Micron's end markets. He is confident in the company's demand drivers and its execution. Micron is number one in automotive and industrial IOT, he noted. The company is an "innovation powerhouse," with 50,000 patents, he added. Enterprise and desktop PCs continue to be a "healthy market" for Micron.
MU

Hot Stocks

18:45 EDT Micron CEO: Our end markets are well diversified - In an interview on CNBC's Mad Money, Sanjay Mehrotra said demand trends are secular in Micron's end markets. He is confident in the company's demand drivers and its execution. Micron is number one in automotive and industrial IOT, he noted. The company is an "innovation powerhouse," with 50,000 patents, he added. Enterprise and desktop PCs continue to be a "healthy market" for Micron.
TWTR TSLA

Hot Stocks

18:39 EDT Musk still believes Trump should have Twitter account restored - Tesla (TSLA) founder Elon Musk, who recently agreed to acquire Twitter (TWTR), said that he still believes former U.S. President Donald Trump should have his account on the platform restored. "Even though I think a less divisive candidate would be better in 2024, I still think Trump should be restored to Twitter," Musk tweeted. Reference Link
AFRM

Hot Stocks

18:23 EDT Affirm CEO: Our underlying business is performing very well - In an interview on CNBC's Mad Money Max Levchin said the consumer is alive and well. "They are shopping, buying, and paying their loans quite well," he added. "We are in fact as good as we say we are." Customers like Affirm's honesty with credit and that is why they come back, he noted. Changing rates have not had any impact on the company's costs. "Our cost of capital is just fine," he said.
AQN

Hot Stocks

18:17 EDT Algonquin Power increases common dividend 6% to $0.1808 per share - Algonquin Power has approved and declared the following common and preferred share dividends: $0.1808 per common share, payable on July 15 to the shareholders of record on June 30 for the period from April 1 to June 30. Shareholders receiving dividends in cash can elect to receive the dividend in Canadian dollars in the amount of C$0.2345; C$0.32263 per preferred share, Series A, payable in cash on June 30 to preferred share, Series A holders of record on June 15 for the period from March 31 to, but excluding, June 30; and C$0.31819 per preferred share, Series D, payable in cash on June 30 to preferred share, Series D holders of record on June 15, for the period from March 31 to, but excluding, June 30. The common share dividend will be paid in cash or, if a shareholder has enrolled in the shareholder dividend reinvestment plan, dividends will be reinvested in additional common shares of AQN as per the Plan. The quarterly dividends payable on common shares are declared in U.S. dollars.
AOSL MIME

Hot Stocks

17:20 EDT Alpha & Omega to replace Mimecast in S&P 600 at open on 5/19
IRT MIME

Hot Stocks

17:20 EDT Independence Realty Trust to replace Mimecast in S&P 400 at open on 5/19 - Permira Holdings Ltd. is acquiring Mimecast in a deal expected to be completed on or about that date pending final conditions.
DVAX EPAY

Hot Stocks

17:19 EDT Dynavax to replace Bottomline Technologies in S&P 600 at open on 5/17 - Thoma Bravo LP is acquiring Bottomline Technologies in a deal expected to be completed on May 13.
BERY

Hot Stocks

17:02 EDT Berry Global commits to reducing Scope 3 emissions by 25% by 2025 - Berry Global has committed to reducing its absolute Scope 3 GHG emissions 25% by 2025 from the same 2019 baseline, surpassing its initial goal of an 8% reduction in Scope 3 greenhouse gas emissions four years ahead of schedule. The new Scope 3 target is aligned with Berry's existing Scope 1 and 2 commitments and validated by the Science Based Targets initiative. The company has also set sustainable packaging goals to achieve 100% reusable, recyclable, or compostable fast-moving consumer packaging by 2025 and 30% circular plastic use across its fast-moving consumer goods packaging by 2030. Circular plastics include recycled and renewable resins like bioplastics.
HOOD

Hot Stocks

16:57 EDT Robinhood surges 36% to nearly $12 after FTX CEO takes stake
CRNX

Hot Stocks

16:56 EDT Crinetics expects cash to fund operations into second half of 2024 - Unrestricted cash, cash equivalents and investments totaled $319.7 million as of March 31, 2022, compared to $333.7 million as of December 31, 2021. The $319.7 million in unrestricted cash, cash equivalents and investments does not include the $125.0 million in gross proceeds from the company's April 2022 common stock offering. Based on its current plans, the company expects that current cash, cash equivalents and short-term investments will fund its current operating plan into the second half of 2024.
CBAY

Hot Stocks

16:54 EDT CymaBay expects cash to fund operations through 2023 - The company said, "Held $193.4 million in cash, cash equivalents and investments as of March 31, 2022. We believe that cash and investments on hand, together with committed capital available through the development financing agreement with Abingworth, is sufficient to fund CymaBay's operating plan through 2023."
AFRM

Hot Stocks

16:50 EDT Affirm jumps 22% to $21.97 after Q3 results beat, FY22 guidance raised
TOST

Hot Stocks

16:44 EDT Toast jumps 8% to $15.40 after raising FY22 guidance
HOOD

Hot Stocks

16:41 EDT FTX CEO Bankman-Fried reports 7.6% stake in Robinhood - Samuel Benjamin Bankman-Fried, the founder and CEO of FTX, disclosed in a regulatory filing a 7.6% stake in Robinhood. Bankman-Fried acquired the shares in the belief that the shares "represent an attractive investment" and he intends to hold the shares as an investment and does not currently have any intention of taking any action toward changing or influencing the control of the company, the filing noted. In after-hours trading following the SEC filing, Robinhood shares are up $2.13, or 25%, to $10.69.
HLI

Hot Stocks

16:40 EDT Houlihan Lokey enters new buyback program for up to $500M in common stock - The Board of Directors replaced its prior stock repurchase program, which authorized repurchases from time to time up to $250 million in aggregate purchase price of the Company's common stock, with a new stock repurchase program, which authorizes repurchases of an aggregate of up to $500 million of the Company's common stock.
VRDN

Hot Stocks

16:40 EDT Viridian Therapeutics expects cash to fund operations into 2024 - Cash, cash equivalents and short-term investments were $175 million as of March 31, 2022, compared with $197 million as of December 31, 2021. After the first quarter ended, the Company entered into a debt financing agreement with Hercules Capital, Inc. for up to $75 million. Under the terms of the agreement, Viridian drew an initial $5 million at closing. An additional $20 million is available at the Company's request through June 15, 2023, with an additional $25 million available upon the Company's achievement of certain milestones, and the remaining $25 million available subject to final lender approval. The Company is under no obligation to draw funds in the future. Excluding this $75 million credit facility, the Company believes that its current cash, cash equivalents and short-term investments will be sufficient to fund its operations into 2024.
HLI

Hot Stocks

16:40 EDT Houlihan Lokey raises quarterly dividend to 53c from 43c per share - The dividend will be payable on June 15, 2022 to stockholders of record as of the close of business on June 2, 2022.
IMGO

Hot Stocks

16:39 EDT Imago BioSciences announces upcoming milestones - Anticipated Upcoming Milestones: Data updates for bomedemstat in MF and ET at EHA on June 10, 2022; Anticipate initiating Phase 2 combination study of bomedemstat with ruxolitinib in MF in 1H 2022; Expect an End-of-Phase 2 meeting with FDA for bomedemstat in ET in 2H 2022; Expect data updates for the bomedemstat Phase 2 trials in ET and MF at the American Society of Hematology Annual Meeting in December 2022
MTEM

Hot Stocks

16:37 EDT Molecular Templates sees cash, investments funding operations to end of 2023
JSPR

Hot Stocks

16:35 EDT Jasper Therapeutics to initiate registrational studies in MDS and AML in 1Q23 - "We had a productive first quarter advancing our clinical programs for JSP191, our anti-CD117 monoclonal antibody, including a successful meeting with the FDA to advance JSP191 into a registrational study for AML and MDS patients, and positive data readouts presented at both the Transplantation & Cellular Therapy and Clinical Immunology Society annual meetings," said Ronald Martell, Jasper's President and CEO. "The updated clinical data presented at the TCT meeting demonstrated that conditioning with a single dose of JSP191 on top of a standard course of non-myeloablative conditioning in patients with myelodysplastic syndromes or acute myeloid leukemia can be well-tolerated, safe and lead to successful engraftment with neutrophil recovery and full donor myeloid chimerism. Moreover, 20 out of 24 patients were free from morphologic relapse or disease progression at their last follow-up. There is a compelling need for new conditioning regimens with minimal toxicities and enhanced disease control in the growing population of older patients with AML or MDS undergoing transplant. Based on the encouraging data presented at TCT and the positive feedback from the FDA, we now have a path forward to initiate a registrational study of JSP191 in older patients with AML and MDS. We believe that JSP191 has the potential to significantly improve transplantation for patients ineligible for intensive myeloablative conditioning, and are hopeful that this study will be a major step forward in providing much-needed, safe, and effective transplantation for these patients."
MOTS

Hot Stocks

16:34 EDT Motus GI Holdings expects cash balance to fund operations through Q1 2023 - The Company reported $20.3 million in cash and cash equivalents as of March 31, 2022. This balance includes the fully funded $12.0 million credit facility with Kreos Capital. The Company's current cash balance allows it to continue executing on its upcoming catalysts and is expected to meet overall anticipated cash needs into Q1 2023.
GOOD

Hot Stocks

16:33 EDT Gladstone Commercial acquires industrial warehouse in NC for $18.8M - Gladstone Commercial Corporation acquired a 345,584 square foot industrial manufacturing/distribution warehouse, located on 59 acres in Wilmington, North Carolina, for $18.8M with a GAAP capitalization rate of 6.45%. The property is 100% leased to Pacon Manufacturing with 13.1 years of remaining lease term.
WST

Hot Stocks

16:33 EDT West Pharmaceutical announces executive leadership appointments - West Pharmaceutical appointed CFO Bernard Birkett to a newly combined position of Chief Financial and Operations Officer. The company's Senior VP, Chief Global Operations and Supply Chain Officer, David Montecalvo has announced his resignation to pursue other interests with a departure of July to ensure a seamless transition. West's Senior VP, Global Markets and Commercial Solutions, Cindy Reiss-Clark, has been appointed to the role of Chief Commercial Officer. Additionally, West's Senior VP, Commercial Products and Emerging Markets, Chris Ryan has been appointed to Senior VP, Containment and Glass Systems. The Company has also hired Kathy dePadua as VP and Chief Quality Officer. dePadua joins West from GE Healthcare where she most recently held the position of Global Quality Executive for the Life Care Solutions Strategic business unit.
INDI

Hot Stocks

16:32 EDT Indie Semiconductor sees accelerating topline growth in Q2 - "Given strong order visibility, set customer ramps and new product launches, we plan to sustainably outpace indie's addressable markets over the forecast horizon," said Thomas Schiller, indie's chief financial officer and executive vice president of strategy. "Specifically, for the second quarter of 2022, we anticipate accelerating top-line growth on the order of 172 to 183 percent year-over-year with non-GAAP gross margin expansion into the 48 percent range. At the mid-point of our revenue guidance, indie will be on a greater than $100 million annualized run-rate. Further, based on our design win momentum and planned operating leverage, we remain on track to achieve profitability in the second half of next year, representing another key milestone toward our target model of 60 percent gross and 30 percent operating margins."
COMP

Hot Stocks

16:30 EDT Compass announces changes to executive structure and strategic plan - Compass CFO Kristen Ankerbrandt will be leaving Compass in September to pursue opportunities outside the company. Additionally, Chief Product Officer Greg Hart has been promoted to the role of COO. Ankerbrandt joined Compass in 2018. Ankerbrandt will continue in the role of CFO through September. Compass has initiated a search for a permanent CFO. The company has retained an international executive search firm to lead the search. Both internal and external candidates will be evaluated. Hart joined Compass in April of 2020, after 23 years at Amazon being involved in all aspects of product development, product and general management, marketing, content, and e-commerce. Joseph Sirosh will continue in his role as the Chief Technology Officer, leading engineering, AI and Enterprise Technology, and continue to report to Compass Founder, Chairman and CEO Robert Reffkin.
SNAX

Hot Stocks

16:30 EDT Stryve Foods appoints Christopher Boever CEO - Stryve Foods announced leadership succession plans with the appointment of Christopher Boever as the company's CEO starting on May 23. In connection with the appointment of Boever, Joe Oblas will transition to the new position of Chief Growth Officer. These changes are a part of a long-term succession plan that allows for an orderly transition, as well as the continued growth and development of Stryve and its leadership bench. In addition, on May 11, the board appointed Boever to the board as a Class III Director effective May 23.
SLRX

Hot Stocks

16:29 EDT Salarius Pharmaceuticals announces estimated cash runway extends into 2023 - Cash and cash equivalents totaled $24.2 million on March 31, 2022; $2.3 million direct offering with institutional investors closed on April 26, 2022; Estimated cash runway extends into 2023.
VZIO

Hot Stocks

16:29 EDT Vizio sees Q2 adjusted EBITDA $3M-$7M - Sees Q2 Platform+ net revenue $107M-$111M. Sees Q2 Platform+ gross profit $66M-$69M.
MLNK

Hot Stocks

16:28 EDT MeridianLink board authorizes $75M share buyback - The board of directors has authorized a new stock repurchase program to acquire up to $75M of the company's common stock. The program is effective immediately.
ADVM

Hot Stocks

16:27 EDT Adverum Biotechnologies expects cash to fund operations into 2024 - Cash, cash equivalents and short-term investments were $271.1 million as of March 31, 2022, compared to $305.2 million as of December 31, 2021. Adverum expects the March 31, 2022 cash position to fund operations into 2024.
SIGA

Hot Stocks

16:27 EDT Siga Technologies awarded $7.5M Department of Defense contract - SIGA Technologies announced that the U.S. Department of Defense awarded a contract to SIGA for the procurement of up to approximately $7.5M of oral TPOXX, of which approximately $3.6M of oral TPOXX is targeted for delivery in 2022 and the remainder is subject to an option at the sole discretion of the DoD.
ADVM

Hot Stocks

16:27 EDT Adverum Biotechnologies announces anticipated milestones - Second Quarter of 2022 - Presentation of non-human primate aflibercept protein levels data supporting a human equivalent 6 X 10^10 vg/eye dose of ADVM-022 at the American Society of Gene & Cell Therapy 2022 Annual Meeting. Second Quarter of 2022 - Presentation of in vivo non-human primate data from a good laboratory practice toxicology study supporting preclinical proof of concept for ADVM-062 at ASGCT 2022 Annual Meeting. Mid-2022 - Complete IND amendment process to enable initiation of Phase 2 trial of ADVM-022 in wet AMD. Third Quarter of 2022 - Plan to dose first patient in Phase 2 trial of ADVM-022 in wet AMD
VINC

Hot Stocks

16:26 EDT Vincerx Pharma expects cash to fund operations through 2023 - Vincerx Pharma had $96.5 million in cash as of March 31, 2022, as compared to $111.5 million as of December 31, 2021. Based on its current business plans and assumptions, Vincerx believes its available cash will be sufficient to meet its operating requirements through 2023.
WTT

Hot Stocks

16:25 EDT Wireless Telecom announces $4M share repurchase program - Wireless Telecom Group announced its board has authorized up to $4M for a share repurchase program for the company's outstanding stock. The authorization to repurchase expires on December 31, 2022.
OLP

Hot Stocks

16:24 EDT One Liberty Properties acquires Georgia industrial building for $17M - One Liberty Properties announced that it acquired a 213,000 square foot industrial building located in Dalton, Georgia for $17.0M. The property is leased through mid-2032 to Q.E.P. Co., a manufacturer and distributor of flooring and installation solutions for commercial and home applications. The net lease provides for an annual base rent of approximately $883,000 with annual increases of 3.0% beginning in 2023. The Class B facility, which was constructed in 1996, has good access to I-75, is located between Chattanooga and Atlanta, features 24-foot through 31-foot clear heights in the warehouse and 25 loading-dock doors. The company anticipates it will obtain $10M of ten-year mortgage debt, at an interest rate of 3.50% and amortizing over 30 years, on this property.
EXFY

Hot Stocks

16:24 EDT Expensify authorizes up to $50M share buyback program - Expensify announced that its Board of Directors approved a new share repurchase program with authorization to purchase up to $50 million of shares of its Class A common stock. With the current market volatility due to macroeconomic conditions, we believe there is, and could continue to be, an attractive buying opportunity for our stock. Our positive free cash flow puts us in a good position to be able to initiate a buyback program and return value to our shareholders," said Expensify CFO, Ryan Schaffer.
KKR

Hot Stocks

16:23 EDT KKR acquires five self-storage properties for roughly $98M - KKR announced the acquisition of five new self-storage properties totaling approximately 4,100 units for an aggregate purchase price of approximately $98 million. The properties were acquired from four different sellers in three separate transactions and are located in: Phoenix, Arizona; Dallas, Texas; San Antonio, Texas; and Palm City, Florida. "We continue to expand our portfolio of high-quality self-storage properties across Sunbelt markets that are experiencing strong population growth and in-migration," said Ben Brudney, a Director in the Real Estate group at KKR. "We track sector fundamentals closely and believe these assets are located in submarkets that are well positioned to benefit from outsized demand over the medium to long term." The purchases were made through KKR's Americas opportunistic equity real estate fund, KKR Real Estate Partners Americas III.
DUOL

Hot Stocks

16:23 EDT Duolingo up 10% after beat and raise report - Shares of Duolingo are up $7.02, or 10%, to $74.00 in after-hours trading.
ACB

Hot Stocks

16:20 EDT Aurora Cannabis raises expense savings target to C$150M-C$170M - Now expects C$150M-C$170M in Annualized cost savings by H1/2023 versus stated target of C$60M-C$80M. "We continue to steer our differentiated global cannabis business towards long term shareholder value creation. This is being accomplished through a sole focus on the most profitable growth opportunities, rationalization of our Canadian cost structure and disciplined use of capital. Our plan is working and we remain firmly on track to achieving a positive Adjusted EBITDA run rate by the first half of fiscal 2023. Today, we are announcing further cost savings which will enable us to increase our range of savings under our business transformation plan from $60 to $80 million to $150 to $170 million. Our balance sheet also remains among the strongest in the industry, enabling the repurchase of $141.4 million in convertible debt early, while also providing meaningful working capital to support organic growth and pursue strategic M&A, such as our recent acquisition of Thrive Cannabis," stated Miguel Martin, CEO of Aurora.
TSVT

Hot Stocks

16:19 EDT 2seventy Bio sees $250M-$300M total U.S. commercial revenue in 2022
FIGS

Hot Stocks

16:16 EDT Figs reports active customers up 31.1% to 2M at March 31 - Net revenues per active customer was $226, an increase of 6.1% year over year. Average Order Value was $116, an increase of 16.0% year over year primarily driven by a higher mix of lifestyle products, which result in higher units per transaction and generally have a higher price point.
CRMD

Hot Stocks

16:13 EDT CorMedix believes it has sufficient resources to fund through 1H of 2023 - The Company reported cash and short-term investments of $61.7 million at March 31, 2022, excluding restricted cash. The Company believes that it has sufficient resources to fund operations at least through the first half of 2023.
PAG

Hot Stocks

16:13 EDT Penske Automotive raises share repurchase program to $250M - From January 1 through April 30, the company had repurchased 1.9M shares for $184.1M, leaving it with $46.3M available as of April 30.
CORZ

Hot Stocks

16:12 EDT Core Scientific sees FY22 total hashrate 30-32 EH/s - For 2022, the Company now expects to achieve total hashrate of between 30 EH/s and 32 EH/s, with total power of approximately 1 GW. The foregoing estimates are forward-looking and reflect management's view of current and future market conditions, subject to certain risks and uncertainties and general economic and business conditions in the United States and elsewhere in the world. Investors are reminded that actual results may differ materially from these estimates.
PAG

Hot Stocks

16:12 EDT Penske Automotive raises quarterly dividend 6.4% to 50c per share - The dividend is payable June 1 to shareholders of record on May 23.
NEWR

Hot Stocks

16:11 EDT New Relic announces CFO Mark Sachleben to retire - New Relic announced that Mark Sachleben has decided to retire from his role as CFO. While the company engages in a comprehensive search for his successor, Sachleben will remain in his role until his successor is named and the company has completed the successful transition.
UNP

Hot Stocks

16:11 EDT Union Pacific raises quarterly dividend 10% to $1.30 per share - The dividend is payable June 30 to shareholders of record May 31.
ELDN

Hot Stocks

16:09 EDT Eledon Pharmaceuticals announces upcoming milestones - Upcoming Anticipated Milestones: 2Q 2022: topline data from Phase 2a trial of tegoprubart in ALS. 2H 2022: initial open label data from Phase 1b trial of tegoprubart in kidney transplantation. 2H 2022: initial open label data from Phase 2a trial of tegoprubart in IgAN. 2H 2022: initial open label data from Phase 2a trial of tegoprubart in islet cell transplantation.
FRGI

Hot Stocks

16:09 EDT Fiesta Restaurant sees restaurant-level adjusted EBITDA margin 18%-20% - The company said: "First quarter 2022 Restaurant-level Adjusted EBITDA margins, a non-GAAP financial measure, improved to 16.1% compared to 14.3% in the fourth quarter of 2021. Following the 5.0% pricing taken in early March, estimated Restaurant-level Adjusted EBITDA margins grew to above 17.0% on a run-rate basis. We continue to target Restaurant-level Adjusted EBITDA margin of 18.0% to 20.0% as our sales growth and labor optimization initiatives increasingly gain momentum."
AFRM SHOP

Hot Stocks

16:09 EDT Affirm extends multi-year partnership with Shopify in U.S. - Affirm (AFRM) announced a multi-year extension of its partnership in the U.S. with Shopify (SHOP). The agreement cements Affirm as the exclusive pay-over-time provider for Shop Pay Installments in the U.S. In connection with the extended agreement, all eligible U.S. merchants offering Shop Pay Installments will have access to Affirm's Adaptive Checkout, a first-of-its-kind product in the U.S., which dynamically offers biweekly and monthly payment options side-by-side in a single integrated checkout. "Last year, we chose to partner with Affirm in the U.S. due to their technology and expertise in buy now, pay later solutions, and their commitment to transparency and never charging late or hidden fees," said Shruti Patel, Director of Product Partnerships at Shopify. "As we extend our partnership with Affirm in the U.S., we look forward to helping our merchants deliver even more flexibility and choice to their buyers, while increasing conversion, driving higher average cart sizes and faster checkouts that reduce cart abandonment."
ERAS

Hot Stocks

16:08 EDT Erasca announces upcoming milestones - HERKULES-1: Initial Phase 1b monotherapy data expected in second half of 2022. HERKULES-3: Initial Phase 1b combination data expected between the fourth quarter of 2022 and the first half of 2023. FLAGSHP-1: Initial Phase 1 monotherapy data expected in second half of 2022; Initial Phase 1b combination data in triple wildtype CRC expected between the fourth quarter of 2022 and the first half of 2023. ERAS-3490: IND filing expected in second half of 2022
ERAS

Hot Stocks

16:07 EDT Erasca expects cash to fund operations into 2H of 2024 - Cash, cash equivalents, and marketable securities were $421.8 million as of March 31, 2022, compared to $459.2 million as of December 31, 2021. Erasca expects its current cash, cash equivalents, and marketable securities to fund operations into the second half of 2024.
EQ

Hot Stocks

16:03 EDT Equillium sees cash, investments funding operations for at least next 12 months
AIKI

Hot Stocks

15:45 EDT AIkido Pharma announces economic interest in privately held Databricks - AIkido Pharma announced that the company, through a fund that owns the stock, has acquired an economic interest in privately held Databricks, which it calls "a pioneer of the cutting-edge database architecture." The acquisition has been funded and closed, and the asset is on the company's balance sheet, AIkido stated in a press release.
PXXLF

Hot Stocks

14:58 EDT Poxel treatment of X-Linked Adrenoleukodystrophy granted orphan status - A treatment of X-Linked Adrenoleukodystrophy being developed by Poxel S.A. was granted orphan designation by the FDA, according to a post to the agency's website. Reference Link
MPB

Hot Stocks

14:52 EDT Mid Penn Bancorp names Allison Johnson CFO - Mid Penn Bancorp announced the appointment of Allison Johnson as senior executive vice president and chief financial officer, effective May 11, 2022. Johnson brings over 13 years of financial and accounting experience in financial services and related industries, having served most recently as the chief financial officer of Spirit of Texas Bank in Conroe, TX. "Allison is a proven leader who brings the right combination of banking experience and strategic vision to help Mid Penn grow," said President and CEO Rory Ritrievi. "Both our board and executive team are eager to benefit from her insight, and we look forward to partnering with Allison as we continue to execute our strategy of delivering the best banking experience throughout Pennsylvania."
COIN

Hot Stocks

14:35 EDT Coinbase seeing recovery from account access issues - Coinbase said it is seeing recovery after implementing a fix for issues customers have had today with trading and accessing accounts. The company noted, however, that its teams are continuing to monitor the situation. "Rest assured, we have all hands on deck and will continue our work to ensure our services are healthy," Coinbase tweeted. Reference Link
EA...

Hot Stocks

14:16 EDT EA says 'Dead Space' remake out January 27, 2023 - Motive, a studio of Electronic Arts (EA), announced that its reboot of "Dead Space" will officially launch on January 27, 2023 for PlayStation 5 (SONY), Xbox Series X S (MSFT) and PC. "Developing this remake has been a lot of fun for us at Motive, as we're true fans of the franchise and want to treat it with the respect it deserves. It's been equally exciting to see players' reactions as we're taking them on this development journey with us," said Phillippe Ducharme, Senior Producer of Dead Space. "We're making great progress on our road to hitting Alpha and we're happy to announce that the game will be launching in January next year. We can't wait for players, both old and new, to see how we've elevated the original experience in the remake to be just as impactful for this generation."
MU

Hot Stocks

14:12 EDT Micron to raise dividend to 11.5c from 10c per share - On May 12, at its Investor Day presentation, Micron Technology announced its intention to increase its quarterly dividend from 10c per share of outstanding company common stock to 11.5c per share of outstanding company common stock.
TMHC...

Hot Stocks

13:16 EDT Miller calls out Taylor Morrison, GM as names that may work in this environment - Gannett (GCI) and Silvergate Capital (SI) were other names discussed positively by Miller. Asked about Tupperware Brands (TUP), Miller said "Tupperware we've been wrong about," but added "I do think its got good management and they're doing the right things." Bill Miller, Chairman and Chief Investment Officer of Miller Value Partners, continues being interviewed on CNBC.
RE

Hot Stocks

13:00 EDT Everest Re raises quarterly dividend to $1.65 per share from $1.55 - Everest Re announced that its Board of Directors declared an increase in the regular quarterly dividend from $1.55 to $1.65 per common share. This dividend will be payable on or before June 17, 2022 to all shareholders of record as of May 25, 2022.
PTPI

Hot Stocks

13:00 EDT 'Big talent' gives Petros prospects to achieve aspirations, CCO tells The Fly
PTPI

Hot Stocks

13:00 EDT COVID-related supply disruption offset by digital presence, Petros CCO says
PTPI

Hot Stocks

13:00 EDT Petros CCO says looking to have first in-market movers in Peyronie's disease
PTPI

Hot Stocks

13:00 EDT Petros CCO sees 'significant prospects' being first mover in ED as OTC option
$BTC...

Hot Stocks

12:37 EDT Terra developers say blockchain was officially halted - Terra's official Twitter account tweeted: "The Terra blockchain was officially halted at a block height of 7603700. https://lcd.terra.dev/blocks/latest Terra validators have decided to halt the Terra chain to prevent governance attacks following severe $LUNA inflation and a significantly reduced cost of attack." The recent breakdown of the stablecoin has been associated with weakness and volatility in other cryptocurrency assets, including Bitcoin. Reference Link
TNON

Hot Stocks

12:19 EDT TNON Stock trading resumes
FDX BOXD

Hot Stocks

12:17 EDT Boxed enters multi-year collaboration with FedEx - Boxed (BOXD) announced a new multi-year collaboration with FedEx Corp (FDX), in which the carrier will now deliver most of Boxed's customer shipments. The mutually agreed upon increase in shipment volume will allow Boxed to reduce the amount it spends on transportation across all its fulfillment centers. The company will reinvest the capital saved in better pricing for customers and more promotions. In addition, more Boxed customers will have access to seven day a week service. Boxed will increase its shipping capabilities by fully leveraging the FedEx network, and provide even better service to customers.
TNON

Hot Stocks

12:14 EDT TNON Stock trading halted, volatility trading pause
CVX

Hot Stocks

12:01 EDT Chevron, Pertamina announce partnership on lower carbon opportunities - Chevron Corporation, through its subsidiary Chevron New Ventures Pte. Ltd., and Indonesia's PT Pertamina announced a partnership to explore potential lower carbon business opportunities in Indonesia. Chevron and Pertamina plan to consider novel geothermal technologies; carbon offsets through nature-based solutions; carbon capture, utilization, and storage; as well as lower carbon hydrogen development, production, storage, and transport. The partnership follows the signing of a Memorandum of Understanding in Washington, DC, attended by Jay Pryor, Vice President of Corporate Business Development for Chevron, Nicke Widyawati, President Director & CEO of PT Pertamina, Luhut B. Pandjaitan, Coordinating Minister for Maritime and Investment Affairs of the Republic of Indonesia, and Bahlil Lahadalia, Minister of Investment/Head of BKPM.
JAZZ

Hot Stocks

12:00 EDT Jazz to present data from oncology portfolio at ASCO and EHA - Jazz Pharmaceuticals announced that the company and its partners will present seven abstracts at the American Society of Clinical Oncology, or ASCO, Annual Meeting from June 3-June 7 and eight abstracts at the 27th Annual Congress of the European Hematology Association, or EHA, from June 9-12. Research findings to be presented include data on Rylaze/JZP458, Zepzelca, Defitelio and Vyxeos/Vyxeos Liposomal, also known as JZP351. "As part of Jazz's commitment to explore potential new applications of our oncology medicines to address critical needs, we continue to advance programs that could impact difficult-to-treat therapeutic areas. Our growing, early-stage pipeline, combined with ongoing Jazz-sponsored and partner research across our portfolio, is making significant progress when it comes to addressing unmet patient needs in cancers that have historically lacked scientific advancements," said Rob Iannone, M.D., M.S.C.E., executive vice president, global head of research and development of Jazz Pharmaceuticals.
NETI

Hot Stocks

12:00 EDT Eneti falls -13.9% - Eneti is down -13.9%, or -83c to $5.13.
BROS

Hot Stocks

12:00 EDT Dutch Bros falls -28.4% - Dutch Bros is down -28.4%, or -$9.77 to $24.61.
ATTO

Hot Stocks

12:00 EDT Atento falls -35.3% - Atento is down -35.3%, or -$8.23 to $15.12.
CPNG

Hot Stocks

12:00 EDT Coupang rises 24.8% - Coupang is up 24.8%, or $2.40 to $12.07.
CVNA

Hot Stocks

12:00 EDT Carvana rises 28.1% - Carvana is up 28.1%, or $8.42 to $38.42.
SIEGY

Hot Stocks

12:00 EDT Siemens to exit Russian market as a result of Ukraine war - Siemens released a statement on the war in Ukraine and on the situation in Russia: "We join the international community in condemning the war in Ukraine and are focused on supporting our people and providing humanitarian aid. Siemens will exit the Russian market as a result of the Ukraine war. The company has started proceedings to wind down its industrial operations and all industrial business activities. Siemens was one of the first companies to put all new business in and international deliveries to Russia on hold while it evaluated the situation to ensure the safety of its 3,000 employees in the country."
SQSP

Hot Stocks

12:00 EDT Squarespace rises 41.6% - Squarespace is up 41.6%, or $6.00 to $20.44.
MSFT

Hot Stocks

11:47 EDT Microsoft's Bethesda delays Xbox games 'Starfield,' 'Redfall' to 2023 - Bethesda, which is owned by Microsoft, announced that it is delaying the launches of upcoming Xbox and PC games "Starfield" and "Redfall" to the first half of 2023. Both games were originally scheduled for late 2022 releases. "The teams at Arkane Austin (Redfall) and Bethesda Game Studioes (Starfield) have incredible ambitions for their games, and we want to ensure that you receive the best, most polished versions of them," Bethesda said in a statement posted to Twitter. Reference Link
RLGY

Hot Stocks

11:39 EDT Realogy to rebrand as Anywhere Real Estate - Realogy Holdings announced the company will rebrand as Anywhere Real Estate. The company expects to implement the rebrand by end of second quarter 2022. Realogy also laid out the next phase of its strategy, which will leverage its advantaged market position and ability to invest to improve and simplify the home buying and selling experience for consumers who are demanding a more seamless, integrated transaction. During the investor presentation, leaders also laid out 2026 financial targets, including the goal of surpassing 20% market share through its accelerated expansion. An updated capital allocation strategy, leveraging the company's free cash flow, aims to balance investments in powerful growth initiatives with the flexibility of returning capital to investors. As part of the rebrand, the company will also align to a new enterprise positioning to further move its culture and talent strategy into the future. The purpose, "Empower everyone's next move," speaks to many of the company's stakeholders, including employees, entrepreneurs, and consumers, by pledging to provide the products, tools, and resources to foster a culture where anyone can win.
IP

Hot Stocks

11:37 EDT International Paper general counsel Sharon Ryan to retire, Joe Saab to succeed - International Paper announced that Sharon Ryan, Senior Vice President, General Counsel and Corporate Secretary, will retire effective June 30, 2022. Ryan joined the Company in 1988 and was elected Senior Vice President, General Counsel and Corporate Secretary in 2011 Joseph Saab has been elected Senior Vice President, General Counsel and Corporate Secretary effective July 1, 2022. Saab joined the Company in 2001 as legal counsel for Environment, Health and Safety. In 2019, he was appointed Vice President, Deputy General Counsel and Assistant Corporate Secretary and his recent responsibilities have included Enterprise Corporate Law and Operational Excellence, as well as overseeing support for and advising the Board of Directors.
SOUN

Hot Stocks

11:29 EDT SoundHound AI Inc trading resumes
SOUN

Hot Stocks

11:19 EDT SoundHound AI Inc trading halted, volatility trading pause
TSN JBSAY

Hot Stocks

11:14 EDT Tyson made 'baseless' claims to keep plants open during COVID, House says - The House of Representative's Select Subcommittee on the Coronavirus Crisis found that internal meatpacking industry "engaged in a concerted effort with Trump Administration political officials to insulate themselves from coronavirus-related oversight, to force workers to continue working in dangerous conditions, and to shield themselves from legal liability for any resulting worker illness or death." The Select Subcommittee found that during the first year of the pandemic, infections and deaths among workers for five of the largest meatpacking companies - Tyson Foods (TSN), JBS USA (JBSAY), Smithfield Foods, Cargill and National Beef Packing Company - were "significantly higher" than previously estimated, with over 59,000 workers for these companies being infected with the coronavirus and at least 269 dying. "In an attempt to justify operating meatpacking plants under dangerous conditions, Smithfield and Tyson warned that reduced operations and worker absenteeism would cause an imminent meat shortage, but these fears were baseless," the Select Subcommittee says. Reference Link
GME...

Hot Stocks

11:05 EDT GameStop, AMC, Bed Bath & Beyond rise as 'meme stocks' see momentum - Shares of GameStop (GME) are up $16.68, or 20%, to $98.01 in morning trading while AMC Entertainment (AMC) has gained 15% and Bed Bath & Beyond (BBBY) is up 10% as this trio of "meme stocks" and other names favored in the past by retail traders are seeing renewed upward pressure.
OUT

Hot Stocks

11:03 EDT Outfront Media acquires billboard assets in Oregon, Washington - OUTFRONT Media announced that it has acquired billboards and certain other business support assets in Portland, Oregon and Clark County, Washington from Pacific Outdoor Advertising. The acquired advertising assets include 211 large-format static displays, 21 digital displays, 709 posters, and 15 walls. The transaction was fully funded using cash on hand.
MOR

Hot Stocks

10:47 EDT MorphoSys to present new data on Pelabresib and Monjuvi at EHA and ASCO - MorphoSys AG announced that new data on pelabresib and tafasitamab, marketed in the U.S. as Monjuvi and in Europe as Minjuvi, will be presented during the 2022 American Society of Clinical Oncology Annual Meeting, or ASCO 2022, in Chicago from June 3-7 and the 2022 European Hematology Association Hybrid Congress, or EHA 2022, in Vienna, Austria, from June 9-12. "The data presented at this year's EHA and ASCO congresses showcase the breadth, depth and potential of our growing pipeline of cancer medicines. At EHA 2022, we're excited to be presenting the latest results from the ongoing Phase 2 MANIFEST trial. These data suggest the potential of pelabresib, if approved, to change the current standard of care in the first-line treatment of myelofibrosis, a difficult-to-treat bone marrow cancer for which only limited treatment options are available. Further, at ASCO 2022, we will present new data from the RE-MIND2 study. This trial is using real world data to investigate the potentially prolonged survival benefit tafasitamab may offer to patients living with relapsed or refractory diffuse large B-cell lymphoma, an aggressive and debilitating disease," said Malte Peters, M.D., MorphoSys Chief Research and Development Officer.
MBIO

Hot Stocks

10:43 EDT Mustang Bio says MB-106 trial selected for oral presentation at EHA2022 - Mustang Bio announced that results from the follicular lymphoma cohort of the ongoing Phase 1/2 clinical trial of MB-106, a CD20-targeted, autologous CAR T cell therapy, in patients with relapsed or refractory B-cell non-Hodgkin lymphomas, or "B-NHLs," and chronic lymphocytic leukemia, or "CLL," were selected for an oral presentation at the European Hematology Association 2022 Hybrid Congress, or "EHA2022," taking place June 9-12. "Acceptance for oral presentation at major international meetings such as EHA2022 is a prestigious accomplishment, and we're pleased that the Scientific Program Committee has granted Dr. Shadman this highly visible opportunity to present Fred Hutch's compelling data on patients with relapsed or refractory follicular lymphoma in the ongoing Phase 1/2 clinical trial of MB-106. Furthermore, as we present our data to more investigators at peer-reviewed meetings, we are encouraged by the enthusiasm of these investigators for the durability of the responses and for the expansion of enrollment at Fred Hutch from CAR T naive follicular lymphoma patients to patients previously treated with CAR Ts and to patients with other CD20-positive histologies such as diffuse large B cell lymphoma, Waldenstrom macroglobulinemia and CLL. Finally, as Mustang continues to advance our CD20-targeted CAR T cell therapy program, we look forward to the planned dosing of the first patient in a multicenter Phase 1/2 clinical trial evaluating the safety and efficacy of MB-106 for relapsed or refractory B-NHL and CLL under Mustang's IND this quarter," said Manuel Litchman, M.D., President and CEO of Mustang.
THRX

Hot Stocks

10:41 EDT Theseus Pharmaceuticals Inc trading resumes
AFMD

Hot Stocks

10:36 EDT Affimed to present preclinical data on cytotoxic activity of AFM28 - Affimed announced an upcoming poster presentation demonstrating the cytotoxic potential of its CD123/CD16A-targeting innate cell engager AFM28 at the Annual Meeting of the European Hematology Association to be held in Vienna, Austria on June 9 - 12, 2022. AFM28 is designed as a novel treatment for patients with relapsed/refractory acute myeloid leukemia and high-risk myelodysplastic syndrome. Redirecting innate immune cells, particularly NK cells, to CD123 is very attractive as a novel treatment strategy in AML because both leukemic blasts and leukemic stem cells express this receptor and an efficient depletion of both cell types is critical for inducing long-term remission. The data to be presented in a poster session at the EHA on June 10, 2022 summarize the preclinical proof-of-concept and toxicology studies for AFM28. The CD123 and CD16A targeting ICE exhibited high-affinity binding to CD16A expressed on NK cells and high avidity conferring long cell surface retention. In in vitro assays, AFM28 engaged NK cells to destroy CD123-positive tumor cell lines and primary leukemic cells via antibody-dependent cell-mediated cytotoxicity, even when CD123 was expressed at low levels. Moreover, AFM28 demonstrated the ability to deplete leukemic cells from patient bone marrow without lysing CD34-positive/CD123-negative cells suggesting sparing of hematopoietic stem and progenitor cells. In toxicology models using cynomolgus monkeys, AFM28 demonstrated highly effective target cell depletion which was associated with good tolerability and only minimal release of the inflammatory cytokine IL-6.
THRX

Hot Stocks

10:36 EDT Theseus Pharmaceuticals Inc trading halted, volatility trading pause
QQQ...

Hot Stocks

10:20 EDT The ETF that rallied 5% this week as markets plummeted - Find out the exchanged traded fund that rallied as the markets sold off in this video on the latest ETF news from The Fly's partners at InvestingChannel. Reference Link
GME

Hot Stocks

10:19 EDT GameStop trading resumes
MQ

Hot Stocks

10:17 EDT Marqeta trading resumes
GME

Hot Stocks

10:14 EDT GameStop trading halted, volatility trading pause
MQ

Hot Stocks

10:12 EDT Marqeta trading halted, volatility trading pause
CJREF

Hot Stocks

10:12 EDT Corus Entertainment enters partnership with Alexandra Gater - Corus Entertainment's creator agency Kin Community Canada and Nelvana have come together to launch a 360-degree partnership across social, television, streaming and merchandising with home decor expert and Kin creator Alexandra Gater. One of Canada's top home & DIY YouTubers, Gater is an editor, stylist and home decor expert focused on showing millennials how to live in a home that feels stylish and beautiful, even if you rent. She joined the Kin roster in 2018 and witnessing the strength, timeliness and popularity of her content and brand, Corus is extending its partnership with Gater to expand her brand into new areas and platforms.
CRBU

Hot Stocks

10:10 EDT Caribou Biosciences announces initial data for CB-010 - Caribou Biosciences announced initial results demonstrating a 100% overall response rate and 80% complete response rate in cohort 1 from its ANTLER Phase 1 trial for CB-010 in patients with relapsed or refractory B cell non-Hodgkin lymphoma. These initial data are scheduled to be shared at the European Hematology Association 2022 Hybrid Congress, being held in Vienna, Austria, June 9-17, 2022. The EHA abstract includes safety, tolerability, and initial antitumor activity of CB-010 administered at dose level 1 to 6 patients with r/r B-NHL who had relapsed after previous treatment with a median of 3 prior therapies. Prior to a single dose of CB-010, patients received a lymphodepletion regimen consisting of cyclophosphamide at 60 mg/kg/d for 2 days followed by fludarabine at 25 mg/m2/d for 5 days. As of the February 23, 2022 data cutoff date, 6 patients had been treated with CB-010 and 5 had completed the 28-day dose-limiting toxicity evaluation period. 100% achieved a response; 80% achieved a CR, and 20% achieved a partial response. All 4 patients who achieved a CR at 28 days had an ongoing CR at 3 months. The longest measured CR as of the data cutoff date was 6 months. Following treatment with CB-010, there were no cases of graft versus host disease. 3 of 6 patients developed Grade 3 or 4 adverse events within the first 28 days: neutropenia, thrombocytopenia, anemia and hypogammaglobulinemia. One patient experienced Grade 1 CRS and Grade 3 ICANS, which was characterized as a DLT, for which the patient received tocilizumab and steroids and recovered from the DLT within 39 hours. This patient went on to achieve a CR. Based on promising initial safety and efficacy data from cohort 1 at dose level 1 , the ANTLER trial is now enrolling patients in cohort 2 at dose level 2. Additional data are expected by year end.
MSI

Hot Stocks

10:08 EDT Motorola Solutions acquires Videotec, terms not disclosed - Motorola Solutions announced it has acquired Videotec S.p.A., a global provider of ruggedized video security solutions based in Italy. Videotec's fixed and Pan, Tilt and Zoom cameras are designed to withstand the extreme conditions and hazardous environments of critical infrastructure, specifically ports, energy and transportation, where video security is imperative. Videotec's portfolio enables security operators to have clear visibility across these settings to quickly detect and respond to abnormal events or dangerous situations, reducing safety threats and supporting business continuity. The acquisition of Videotec complements Motorola Solutions' line of fixed video cameras, expanding its portfolio and reinforcing the company's position as a global leader in video security solutions. Terms of the transaction were not disclosed.
HIL

Hot Stocks

10:06 EDT Hill International selected by Town of Swampscott, MA for OPM services - Hill International announced it was selected by the Town of Swampscott, MA, to provide owner's project management services for the Hadley Elementary School project. Once complete, this new school will house 900 students from Kindergarten through fourth grade, and includes a media center, cafetorium, and administrative spaces in a central "core" space. The school is being designed to achieve LEED Silver certification, as well as to exceed current building energy efficiency requirements. Hill's OPM support, which began with a feasibility study for the new school and subsequent public outreach and education efforts, will include construction management; furniture, fixtures, and equipment management; and move-in. The new school is scheduled to open in time for start of the 2024 academic year.
GTYH

Hot Stocks

10:04 EDT Jasper County, Texas streamlines budgeting operations with Questica solutions - Questica announced that Jasper County, TX is implementing Questica solutions to support its immediate and future budgeting processes.
GRCL

Hot Stocks

10:04 EDT Gracell to present clinical data on GC012F in RRMM and B-NHL at EHA2022 - Gracell Biotechnologies announced the details of three abstracts that it will present at the European Hematology Association 2022 Hybrid Congress, or EHA2022, being held from June 9-June 12. The abstracts highlight the clinical data from ongoing investigator-initiated trials of BCMA/CD19 dual-targeting FasTCAR candidate GC012F in two indications of B-cell non-hodgkin's lymphoma, or B-NHL, and relapsed/refractory multiple myeloma, or RRMM, and allogeneic TruUCAR candidate GC502 in B-cell acute lymphoblastic leukemia, or B-ALL. "We are very excited to share our data for both our FasTCAR candidate GC012F in two indications of RRMM and B-NHL, and allogeneic TruUCAR candidate GC502 in B-ALL at the EHA2022 Congress. The new data, including the expanded indication of GC012F into B-NHL, demonstrates the potential of our platforms and provides further validation. The clinical data of BCMA/CD19 dual-targeting GC012F in the treatment of B-NHL shows promising early results, along with benefits of the next-day manufacturing enabled by the FasTCAR platform. The CD19/CD7 dual-directed CAR-T therapy GC502 is our second allogeneic candidate on our TruUCAR platform, demonstrating the potential wide applicability of the TruUCAR design," said Dr. Martina Sersch, Chief Medical Officer of Gracell.
GBT

Hot Stocks

10:03 EDT Global Blood Therapeutics announces data presentations on Sickle Cell Disease - Global Blood Therapeutics announced five abstracts related to its sickle cell disease programs will be presented at the European Hematology Association 2022 Hybrid Congress. Presentations include new real-world evidence data on Oxbryta as well as an oral presentation of additional data from the Phase 1 study of GBT021601, the company's next generation sickle hemoglobin polymerization inhibitor. In addition, initial findings from the Sickle Cell Health Awareness, Perspectives and Experiences survey, a global burden of disease study assessing healthcare professional, patient and caregiver perspectives on the unmet needs in SCD, will be presented at the Congress, which will be held from June 9-12 in Vienna, Austria and online. Following are highlights of GBT's presentations at the Congress. Data from a large retrospective study of 216 patients in the United States treated with Oxbryta in a real-world setting further supports its utility in treating patients with SCD: New data from the multicenter Retrospective Study to Evaluate Outcomes in Patients with Sickle Cell Disease Treated with Oxbryta provide further support that treatment with Oxbryta is associated with increased hemoglobin levels and decreased hemolytic markers. These data are consistent with those from the Phase 3 HOPE Study that led to the approval of Oxbryta. Data from the Phase 1 studies of GBT601, which has shown promise in the clinic, supports its further development: Multiple daily doses of GBT601 were well tolerated in both healthy volunteers and adult SCD patients. In SCD patients, the 100 mg maintenance dose studied resulted in a mean Hb occupancy of more than 30%, increased Hb levels, reduced markers of hemolysis, and improved red blood cell health. Additional data will be included with the oral presentation. Data presented from two abstracts add greater insight into the disease burden and effect of Hb levels on people with SCD: The multinational Sickle Cell Health Awareness, Perspectives and Experiences Survey assessed HCP perspectives on treating SCD and the patient burden of the disease. Results of the SHAPE survey underscore the negative impact of SCD on quality of life and highlight health inequities in SCD and the need for improved awareness, education and treatments that fully address end-organ damage in SCD. A retrospective analysis of 12 years of data from the Clinical Practice Research Datalink and the Hospital Episode Statistics databases in the UK was sufficient to observe end-organ damage events in patients with SCD. It showed that an increase in Hb of 1 g/dL was associated with a significant reduction in the risk for stroke, pulmonary hypertension, chronic kidney disease, end-stage renal disease, leg ulcers, and pneumonia, supporting the use of therapeutics that increase Hb levels in patients with SCD to protect against organ damage. A presentation on GBT's pivotal Phase 3 studies of inclacumab, the company's P-selectin inhibitor: Currently in progress and enrolling patients, the two pivotal Phase 3 THRIVE studies are evaluating the safety and efficacy of inclacumab in reducing vaso-occlusive crises and readmissions due to VOCs. An additional THRIVE open-label expansion study will examine the long-term safety of inclacumab in individuals with SCD.
FNMA

Hot Stocks

10:03 EDT Fannie Mae announces sale of non-performing loans - Fannie Mae announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's nineteenth Community Impact Pool. The two larger pools include approximately 3,320 loans totaling $489.6M in unpaid principal balance, and the CIP includes approximately 120 loans totaling $36.3M in UPB.
RTX

Hot Stocks

10:02 EDT Raytheon Technologies announces strategic investment in Hermeus - Raytheon Technologies announced a strategic investment in Hermeus Corporation, a company developing hypersonic aircraft for defense and commercial applications, through its newly established corporate venture capital group, RTX Ventures. Joining Hermeus' previously announced $100 million Series B financing round, RTX Ventures' investment in the company will directly support the buildout of its first aircraft, Quarterhorse, and accelerate development of its next aircraft, Darkhorse. "Hypersonic technologies are of critical importance to national security, which is why we made our first investment in a company with such a bold plan and vision in this space. Hermeus' technical approach and business plan balances near-term defense applications with long-term commercial aspirations and will help our customers reimagine the possibilities of hypersonic technologies," said Daniel Ateya, managing director of RTX Ventures.
CMCSA...

Hot Stocks

10:01 EDT Marcien Jenckes named president of Comcast, Charter joint venture - Charter Communications (CHTR) and Comcast Corporation (CMSCA) announced that Marcien Jenckes has been selected to lead their recently announced streaming platform joint venture. After closing, in this new role, Jenckes will focus on leading the team and developing the business and monetization models. The recently announced joint venture will develop and offer a next-generation streaming platform on a variety of branded 4K streaming devices and smart TVs. Comcast will license Flex, its aggregated streaming platform and hardware to the joint venture, contribute the XClass TV retail business, and contribute Xumo, an ad-supported streaming service it acquired in 2020. Charter will make an initial contribution of $900M, funded over multiple years. Jenckes has served as President of Advertising for Comcast Cable since 2017.
SI

Hot Stocks

10:00 EDT Silvergate Capital falls -14.1% - Silvergate Capital is down -14.1%, or -$10.05 to $61.46.
ATTO

Hot Stocks

10:00 EDT Atento falls -28.3% - Atento is down -28.3%, or -$6.60 to $16.75.
BROS

Hot Stocks

10:00 EDT Dutch Bros falls -40.1% - Dutch Bros is down -40.1%, or -$13.79 to $20.58.
TPR

Hot Stocks

10:00 EDT Tapestry rises 8.5% - Tapestry is up 8.5%, or $2.25 to $28.77.
BOWL

Hot Stocks

10:00 EDT Bowlero rises 8.8% - Bowlero is up 8.8%, or 73c to $9.00.
SQSP

Hot Stocks

10:00 EDT Squarespace rises 21.8% - Squarespace is up 21.8%, or $3.15 to $17.59.
CVNA

Hot Stocks

09:49 EDT Carvana trading resumes
U

Hot Stocks

09:47 EDT Unity Software trading resumes
BYND

Hot Stocks

09:47 EDT Beyond Meat trading resumes
ATTO

Hot Stocks

09:47 EDT Atento falls -7.9% - Atento is down -7.9%, or -$1.85 to $21.50.
DTC

Hot Stocks

09:47 EDT Solo Brands falls -15.0% - Solo Brands is down -15.0%, or -76c to $4.32.
BROS

Hot Stocks

09:47 EDT Dutch Bros falls -35.8% - Dutch Bros is down -35.8%, or -$12.31 to $22.06.
COOK

Hot Stocks

09:47 EDT Traeger rises 10.8% - Traeger is up 10.8%, or 47c to $4.88.
CPNG

Hot Stocks

09:47 EDT Coupang rises 10.9% - Coupang is up 10.9%, or $1.05 to $10.72.
SQSP

Hot Stocks

09:47 EDT Squarespace rises 20.5% - Squarespace is up 20.5%, or $2.96 to $17.39.
ADTH

Hot Stocks

09:45 EDT AdTheorent Holding Company Inc trading resumes
CVNA

Hot Stocks

09:43 EDT Carvana trading halted, volatility trading pause
NVX

Hot Stocks

09:42 EDT NVX Stock trading resumes
U

Hot Stocks

09:42 EDT Unity Software trading halted, volatility trading pause
BYND

Hot Stocks

09:42 EDT Beyond Meat trading halted, volatility trading pause
DTC

Hot Stocks

09:42 EDT Solo Brands Inc trading resumes
FLNC

Hot Stocks

09:41 EDT Fluence Energy trading resumes
SAI

Hot Stocks

09:38 EDT SAI.TECH Global Corp trading resumes
GE

Hot Stocks

09:37 EDT GE Healthcare announces up to $50M strategic investment in Pulsenmore - GE Healthcare has entered into an agreement to invest up to $50M in Israeli start-up Pulsenmore, marking another strategic step forward in enabling precision health. GE said this investment is aimed at accelerating global adoption of Pulsenmore's homecare ultrasound solutions and will also support their goal to pursue U.S. FDA clearance and commercial expansion. In addition to its equity investment, GE Healthcare will also partner with Pulsenmore to distribute its products in Europe and other markets as the product becomes available for commercial distribution and collaborate closely on developing ultrasound-based healthcare offerings that cater to the burgeoning homecare market, which is expected to reach $662.67B by 2027 and poised to grow at a compound annual growth rate of 14.2%i.
DTC

Hot Stocks

09:37 EDT Solo Brands Inc trading halted, volatility trading pause
SIX

Hot Stocks

09:37 EDT Six Flags trading resumes
WVVI

Hot Stocks

09:35 EDT Willamette Valley Vineyards trading resumes
SAI

Hot Stocks

09:33 EDT SAI.TECH Global Corp trading halted, volatility trading pause
SIX

Hot Stocks

09:31 EDT Six Flags trading halted, volatility trading pause
LTC

Hot Stocks

09:31 EDT LTC Properties closes $36M investment in four-property assisted living portfolio - LTC Properties announced a $36.0 million investment for the refinancing of debt on four assisted living communities and a land parcel. The four assisted living communities located in North Carolina have a combined total of 217 units, and are operated by an existing LTC partner. The communities are newly constructed with an average age of under four years. The land parcel includes approximately 7.6 acres adjacent to one of the assisted living communities and is being held for the future development of a senior housing community. The transaction includes two separate senior mortgage loan originations: a $35.1 million loan secured by four assisted living communities, and a $826,000 loan secured by a parcel of land. The loans are cross-defaulted, have a four-year term, an interest rate of 7.25% and an IRR of 8%.
FLNC

Hot Stocks

09:31 EDT Fluence Energy trading halted, volatility trading pause
ADTH

Hot Stocks

09:30 EDT AdTheorent Holding Company Inc trading halted, volatility trading pause
NVX

Hot Stocks

09:30 EDT NVX Stock trading halted, volatility trading pause
WVVI

Hot Stocks

09:30 EDT Willamette Valley Vineyards trading halted, volatility trading pause
MYNA EADSY

Hot Stocks

09:28 EDT Mynaric, Airbus U.S. Space & Defense sign contract fo laser communication demo - Mynaric and Airbus U.S. Space & Defense, Inc. have signed a contract to host Mynaric's CONDOR Mk2 terminal for space-based laser communication on the International Space Station's functional testbed, Bartolomeo. Mynaric plans to operate its industrialized optical communications terminal on the ISS, with the goal of demonstrating the product's capabilities in low Earth orbit and providing its customers with an extended range of experimental mission scenarios. The terminal will be hosted on the Airbus built and operated Bartolomeo External Payload and Science Hosting Facility attached to the European Space Agency's Columbus laboratory . Bartolomeo serves as a functional testbed on the ISS that enables a wide range of customers the opportunity to test and mature emerging technologies and innovative solutions to expand terrestrial and space economies. The CONDOR's positioning on Bartolomeo will provide it a clear view of Earth and space, allowing Mynaric to offer its customers excellent conditions to test and demonstrate a range of laser communication use cases involving a space-based terminal compliant, amongst others, with the Space Development Agency's optical communications interoperability standard . As part of this on-orbit demonstration, Mynaric plans to put its CONDOR optical communications terminal through a rigorous test regime demonstrating various capabilities and building operational heritage in space.
SPCB

Hot Stocks

09:26 EDT SuperCom awarded new government electronic monitoring contract in Idaho - SuperCom has signed a new GPS monitoring contract in Idaho. The contracting agency, the County JuveNASDAQnile Department, will use SuperCom's PureTrack GPS smartphone products to monitor their caseload for location compliance. SuperCom will provide their proprietary software and hardware while the agency will handle equipment installation and monitor their own clients. The contract is structured as a per unit per day lease model, with billing at the end of each month. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform, which contains a comprehensive set of features including smartphone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens, and extended battery life.
GRNQ

Hot Stocks

09:24 EDT Greenpro Capital, Cryptosx create crypto exchange in Malaysia - As recently announced, the Malaysian Government has given Greenpro Capital the License to operate a Digital Assets Exchange in Labuan, Malaysia. With this new license in mind, Greenpro Capital, and through its group company First Bullion Holdings Inc. who is the company behind CryptoSx will build and operate the world's first Shariah-compliant exchange. This exchange will facilitate the monetization of assets currently not available for Public Investment. Creating the first exchange of its' kind, Greenpro expects to capitalize on a previously nearly untapped market of the ASEAN Regions. This Exchange will be onboarding and facilitating the trading of Tokens, Stable Coins, and other Digitized Assets. Priority and focus will be given to assets that are in line with ESG and carbon free principles. Greenpro and First Bullion will, with Greenpro's connections to high net worth individuals and the governments of the ASEAN region, facilitate the creation of Stable coins predicated on assets such as real estate, minerals, currencies, government debt, and many other types of hard assets. Greenpro, of course, welcomes everyone to list their Tokens, Coins, and Assets on this new exchange, as long as the structure is compliant with Shariah Law and is ESG Compliant.
CSLLY GNHAF

Hot Stocks

09:23 EDT CSL, Vifor Pharma continuing to work closely with competition authorities - CSL Limited yesterday announced an update regarding the Vifor Pharma AG acquisition. CSL has previously advised that it expected to be in a position to close the acquisition of Vifor Pharma AG by June 2022. While some antitrust authorities have approved the transaction, some approvals are still outstanding. Delays in the regulatory approval process are not unusual. CSL and Vifor Pharma are continuing to work closely with the respective remaining competition authorities in their review of the tender offer. CSL and Vifor Pharma expect to provide an update to shareholders and investors as soon as there is more clarity on the timeline. An exact closing and settlement date will be communicated once all regulatory approvals have been received. CSL remains confident of completing its acquisition of Vifor Pharma AG.
FOCS

Hot Stocks

09:22 EDT Focus Financial announces $200M share repurchase authorization - Focus Financial Partners announced that its Board of Directors approved a share repurchase program to repurchase up to $200 million of the Company's Class A common stock from time to time in the open market, in privately negotiated transactons, or by such other means as will comply with applicable state and federal securities laws.
SKYT XPER

Hot Stocks

09:21 EDT SkyWater in license pact with Xperi for hybrid bonding technology - SkyWater Technology (SKYT), the trusted technology realization partner, and Adeia, the newly launched brand for the IP licensing business of Xperi Holding Corporation (XPER) announced that SkyWater signed a technology licensing agreement with Xperi Corporation. SkyWater and its customers will now have access to Adeia's ZiBond direct bonding and DBI hybrid bonding technology and IP to enhance next generation devices for commercial and government applications. This technology adds to SkyWater's developing heterogeneous integration platform solutions in its Florida facility which also includes silicon interposer and fan-out wafer-level packaging technologies. "It's an exciting time in the semiconductor industry, where advanced packaging technology has become a key enabler for product performance and innovation. Adeia has pioneered 3D integration with hybrid bonding and is leading industry adoption through technology knowhow transfer," said Laura Mirkarimi, vice president, 3D semiconductor portfolio and technology of Adeia. "We applaud SkyWater's efforts to offer this technology to their customers."
SKYE EMHTF

Hot Stocks

09:17 EDT Skye Bioscience signs arrangement agreement with Emerald Health Therapeutics - Skye Bioscience (SKYE) and Emerald Health Therapeutics (EMHTF) announced that the companies have entered into a definitive agreement with respect to a transaction to be completed by way of a Plan of Arrangement whereby Skye would acquire all of the issued and outstanding shares of Emerald in a share-for-share-transaction. Emerald possesses cash and non-cash assets that Skye would acquire through the Arrangement. As a result of the Arrangement, current Skye stockholders would own approximately 54% of the common stock of Skye and former shareholders of Emerald would own approximately 46% of Skye's common stock. Under the Arrangement, Skye will issue Emerald shareholders 1.95 shares of Skye's common stock in exchange for each Emerald share. Based on the number of outstanding shares as of the date of this press release, it is expected that Skye would issue approximately 416M Skye shares to Emerald shareholders. The Arrangement is anticipated to close in the third quarter of 2022. Upon completion of the transaction, the combined company would continue to operate under the name Skye Bioscience, Inc. with its existing management team. Sukhwinder Rai, BSc. Biochem, BSc. Pharm, RPh., from Emerald's Board of Directors would join Skye's Board of Directors. "Skye's proposed acquisition of Emerald stands to strengthen its balance sheet and ability to advance its well-positioned technology and development platform that has generated promising preclinical data in the past year and a half. Despite the constraints of COVID on all facets of the life science industry, Skye has completed the preclinical preparation necessary to launch its first-in-human study of its lead drug, SBI-100 OE, in the second quarter of 2022. We expect regulatory approval to start our Phase 1 study and begin enrolling patients shortly. The transaction with Emerald is expected to provide funding into 2023 and, importantly, for our planned Phase 2 study starting in the fourth quarter of 2022," said Praveen Tyle, Ph.D., Chair of the Board's Special Committee of Skye Bioscience and President, CEO.
CLX

Hot Stocks

09:16 EDT Brita partners with municipalities to reduce lead in tap water - Brita announced an expanded partnership program with municipalities across the United States. Prompted by the updated, more stringent EPA lead and copper rule that is mandating more testing and inventorying of lead services lines, cities with lead in their drinking water are struggling to provide short-term water filtration solutions for their residents, especially solutions that don't involve simply giving away environmentally destructive, single-use plastic water bottle
WWE

Hot Stocks

09:15 EDT WWE names Suzette Ramirez-Carr Chief Human Resources Officer - WWE announced that Suzette Ramirez-Carr has been named Chief Human Resources Officer, reporting to Chairman & CEO Vince McMahon. Ramirez-Carr brings to WWE nearly three decades of executive experience, including senior positions with United Talent Agency, Beautycounter and Oaktree Capital Management. During her tenure, she led the Human Resources, DEI , Facilities and Internal Communications functions.
MIGI

Hot Stocks

09:15 EDT Mawson Infrastructure produces 171 self-mined bitcoin in April - Mawson Infrastructure Group announces unaudited Bitcoin production and operational update for April 2022. Mawson Self-Mining and Hosting Co-location operating at approximately 2.4 Exahash as at end of April, expected to rise to approximately 3.3 Exahash by end of May 2022. Bitcoin Self-Mining Update: In April Mawson produced 171 Bitcoin, +384% vs April 2021; April average hash rate at approximately 1.3 Exahash, +583% vs April 2021; April end of month hash rate at approximately 1.4 Exahash, +679% vs April 2021; May end of month hash rate expected to be approximately 1.8 Exahash, producing approximately 8.0 Bitcoin per day; Hosting Co-location Update:; Mawson Hosting Co-location at 28 megawatts online end of April, expected to rise to approximately 52 megawatts online by end of May as Mawson customers Celsius Mining and Foundry Digital deployments are scaled up.
ZEAL

Hot Stocks

09:14 EDT Zealand Pharma sees FY22 net operating expenses DKK $1B plus or minus 10% - On March 30, 2022 Zealand updated the guidance for net product revenue from the sales of commercial products to be DKK 115 million +/- 10%. This was a decrease of 120 million Danish kroner from the guidance issued on March 10, 2022. Combined sales of V-Go and Zegalogue in Q1 were 39.2 million Danish kroner and in line with the updated guidance. Following the company's announced intent to exit its V-Go activities, net product revenue for the device is to be accounted for as discontinued operations and no longer reported as net product revenue. As such, net product revenue reported in the Q1 earnings release only reflects sales of Zegalogue, which were 4.1 million Danish kroner with full year net product revenue projected to be 19 million Danish kroner excluding any potential partnerships or licensing agreements. In 2022, Zealand Pharma expects revenue from existing license agreements. However, since such revenue is uncertain in terms of size and timing, Zealand Pharma does not intend to provide guidance on such revenue. Net operating expenses in 2022 are expected to be DKK 1,000 million +/-10%. This is unchanged from our updated guidance issued on March 30, 2022 and is a decrease of DKK 200 million from the guidance issued on March 10, 2022.
RF

Hot Stocks

09:14 EDT Regions Financial names Scott Peters Chief Transformation Officer - Regions Bank on announced Scott Peters will serve as Chief Transformation Officer for the company, and Kate Danella will serve as head of Regions' Consumer Banking Group - part of a multi-year initiative to create the Regions Bank of the future.
GSL

Hot Stocks

09:14 EDT Global Ship Lease announces participation in carbon capture initiative - Global Ship Lease announced its participation in a carbon capture initiative led by Aqualung Carbon Capture ASL. George Youroukos, Executive Chairman of Global Ship Lease, commented, "Maritime regulators, our liner customers, and the general public increasingly recognize, as do we, that decarbonization of the shipping sector is an imperative that demands immediate action. The challenges are significant. One of the biggest is for the shipping industry to adapt to what is likely to be a non-standardized, multi-fuel environment in the future - with each fuel type requiring its own infrastructure, propulsion technology, safety protocols, training, and all else that such a fundamental shift entails. In contrast, if the container shipping industry teaches us anything, it is that standardization can unlock a virtuous cycle, reducing costs and facilitating and accelerating the buildout of support infrastructure and services. This is one of the things that makes carbon capture so compelling: almost regardless of the initial fuel input, the ultimate output is a highly standardized and well understood carbon dioxide molecule. While our financial commitment is limited, we are pleased to have found, in Aqualung, a carbon capture technology with great potential and a team - supported by the right combination of strategic investors - that is highly focused on both practicality and scalability. Crucially, we believe that such a technology can play a central role in extending the lives of existing ships, by significantly mitigating their emissions and increasing their competitiveness in an increasingly carbon-regulated environment, which is a key step, in our view, in transitioning to a decarbonized future."
ZM

Hot Stocks

09:13 EDT Zoom Video enters agreement to acquire Solvvy - Zoom Video Communications announced it has entered into a definitive agreement to acquire Solvvy, a conversational AI and automation platform for customer support. Zoom and Solvvy will offer "elevated customer service experiences to a global enterprise base and work quickly to capitalize on new opportunities in contact center and customer support," the company said. "The nature of customer experience is transforming fundamentally, as enterprises increasingly need to deliver exceptional, personalized, and effortless customer experiences. Solvvy understands this shift and is the ideal platform to enhance our Zoom Contact Center offering," said Velchamy Sankarlingam, President of Product and Engineering at Zoom. "Solvvy's differentiated AI and machine learning technology, deeply talented team, and an easy-to-deploy solution will help accelerate our roadmap to creating a concierge-level experience for customers worldwide. Together, we are excited to help businesses of all sizes improve their customer retention, increase operating efficiency, and set new standards for customer service and satisfaction." The transaction is expected to close in Q2 FY2023. Terms of the transaction were not disclosed.
ADM

Hot Stocks

09:13 EDT Archer Daniels to invest to expand starch production at Minnesota facility - ADM announced it will invest to significantly expand starch production at its Marshall, Minnesota, facility in order to meet fast-growing demand from the food and beverage sectors, and to support the continued expansion of the company's BioSolutions platform. The Marshall project is expected to be complete in the second half of 2023.
FICO

Hot Stocks

09:12 EDT FICO says Traxion uses FICO route optimization technology - Traxion has used FICO route optimization technology to help it use fewer vehicles, save on fuel costs, cut emissions and reduce fleet wear and tear. The company has already saved 2.9 million kilometers in travel, USD$725,000 in costs and 458 metric tons of emissions after implementing just 11% of the optimal solution. Traxion is on track to reduce empty trips by 20 percent which will save it over 10 million kilometers, USD$2.5M in costs and an impressive 1,580 metric tons of emissions once its operations are fully optimized. Traxion was able to see a rapid return on investment by implementing the optimization capability within FICO Platform, a cloud-based decisioning platform that allows companies to centralize and operationalize advanced analytics at speed.
NGVT

Hot Stocks

09:11 EDT Ingevity publishes environmental product declaration for Evotherm WMA - Ingevity Corporation announced an environmental product declaration was published for its Evotherm M1 Warm Mix Asphalt technology. The Evotherm M1 EPD distinguishes Ingevity as the first chemical additive supplier to be included in the National Asphalt Pavement Association's Emerald Eco-Label tool that provides supply chain-specific upstream environmental data for asphalt mixtures. The EPD for Evotherm M1 denotes Ingevity's compliance with environmental impact assessment standards for manufacture of the warm mix additive by measuring and reporting the cradle-to-gate impacts of manufacturing and packaging, and assessing the material, energy, waste and emissions impacts of processing and transporting the raw additive materials. A prior study conducted by consulting firm ERM, London, U.K., determined that the use of Evotherm M1 warm mix asphalt additive offsets the volume of greenhouse gases generated in its manufacture by a factor range of 18 to 23. The Emerald Eco-Label tool is a web-based software program that allows asphalt mixture producers to develop verified plant-specific and mix-specific EPDs that quantify the environmental impacts of the asphalt mixtures, helping asphalt producers assist their customers in meeting their environmental goals. Integrating Ingevity's EPD for Evotherm M1 into the Emerald Eco-Label tool provides upstream data for asphalt mixtures that contain Evotherm M1.
TWLO

Hot Stocks

09:09 EDT Twilio, Carahsoft expand alliance for demand of digital engagement solutions - Twilio announced that Carahsoft Technology , The Trusted IT Solutions Provider , has added Twilio's solutions to its GSA IT Schedule 70 contract, making the company's secure communications solutions widely available to the Public Sector through Carahsoft and its reseller partners. Reaching citizens through a combined communications approach has never been more important for government agencies to enhance their services to individuals and organizations. In the future, nearly every in-person interaction will have a digital element. Twilio delivers digital engagement solutions so that public sector customers can reach citizens on the communication channels that they prefer and want. The platform uses existing and emerging technologies to ensure citizens have access to critical government services, can participate in their communities, and help build resilient infrastructure.
LKQ

Hot Stocks

09:09 EDT LKQ Corp. announces $500M increase in stock repurchase program - LKQ announced that its Board of Directors has authorized a $500M increase to its existing stock repurchase program. This raises the aggregate program authorization to $2.5B through October 25, 2024. Since initiating the stock repurchase plan in October 2018, the Company has repurchased 37.3M shares through March 31, 2022 for total consideration of approximately $1.5B. Varun Laroyia, Executive Vice President and Chief Financial Officer of LKQ Corporation, stated: "The strength of the balance sheet and our expectations for continued free cash flow generation have the Company well positioned to execute on the expanded stock repurchase program. The strong financial metrics and the expansion of this program further validate our commitment to a disciplined capital allocation strategy that balances returning capital to our stockholders and investing in the continued growth of the Company."
AGRI

Hot Stocks

09:09 EDT AgriFORCE Growing Systems to extend closing date of Delphy acquisition to July - AgriFORCE Growing Systems announced that following the recent definitive agreement to acquire Delphy Groep BV, a Netherlands-based AgTech consultancy firm, the parties have mutually agreed to extend the closing date until the end of July 2022, in order to allow both parties more time to complete certain closing conditions, including finalization of the Delphy audit. AgriFORCE and Delphy remain fully committed to the transaction. AgriFORCE CEO Ingo Mueller commented, "As we work towards finalizing the administrative details related to the Delphy acquisition, we are steadily advancing our plans and strategies to commence immediately post closing. We believe the business synergies between our two organizations are substantial, and the combination positions us to become a meaningful player in the global agricultural market."
MAXN

Hot Stocks

09:09 EDT Maxeon Solar and lphaESS partner for residential clean energy solutions - Maxeon Solar and AlphaESS, an energy storage solution and service provider, have entered into a global strategic partnership to develop integrated clean energy solutions for residential customers. The partnership combines AlphaESS' power conversion and storage solutions and technology services with Maxeon's solar panel technology and global go-to-market channel comprising a partner network of more than 1,400 installers and resellers in over 100 countries. The goal is to develop and deliver integrated solutions and advanced services.
ARW DELL

Hot Stocks

09:08 EDT Arrow Electronics appoints Kirk Schell as president, global components - Arrow Electronics announced that Kirk Schell has been named president of the company's global components business. Schell joins Arrow from Dell Technologies, where he was senior vice president for online business-to-business sales. Schell's career involves positions of increasing leadership at Dell, including senior vice president of the Asia-Pacific region, as well as leading the displays and commercial clients groups. Schell succeeds David West, who will support Arrow's Chief Operating Officer Sean Kerins and Schell in an advisory capacity. Schell reports to Kerins.
CWBR

Hot Stocks

09:08 EDT CohBar announces extension of Nasdaq compliance period - CohBar announced that The Nasdaq Capital Market has granted the Company's request for a 180 day extension, or until November 7, 2022, of the period to regain compliance with its minimum bid price per share requirement. "Operating as a publicly-traded company on Nasdaq provides us with several advantages, including greater access to capital to fund our pipeline, improved liquidity for our shareholders and a higher likelihood of attracting high-quality institutional investors and commercial partners," stated Dr. Joseph Sarret, Chief Executive Officer. "It is imperative that we maintain our listing and we are pleased that Nasdaq has provided us with an extension. We strongly recommend that our shareholders vote in favor of the reverse split proposal ahead of our Annual Meeting to maintain our listing and help us build long-term value."
ROKU

Hot Stocks

09:07 EDT Roku announces Roku Ultra, Roku Voice Remote Pro Bundle - Roku announced that the Roku Ultra will include Roku's top-of-the-line remote, the Roku Voice Remote Pro beginning mid-May. The Roku Ultra remains the ultimate streaming player with a lightning-fast interface, Wi-Fi, Dolby Vision, Dolby Atmos, HDR10+ compatibility and channels that launch in a snap, all under $100. With the addition of the Roku Voice Remote Pro, the Roku Ultra bundle now features hands-free voice controls, a rechargeable remote, lost remote finder feature , and more.
SSYS

Hot Stocks

09:07 EDT Stratasys says MakerBot to merge with Ultimaker - Stratasys announced that its subsidiary MakerBot has entered into a definitive business combination agreement with NPM Capital-backed Ultimaker to form a new entity. The new combined company is intended to offer a comprehensive solution set of hardware, software and materials, creating a leading force in Desktop 3D printing. Under the terms of the agreement, NPM Capital plans to contribute Ultimaker's assets, invest $15.4 million, and own 54.4% of the combined company, while Stratasys will contribute MakerBot's assets, invest $47 million, and own 45.6% of the combined company. The combined $62.4 million of committed financial backing is intended to fuel ecosystem innovation and expand customer reach and applications. The new company will be led by Nadav Goshen, current MakerBot CEO, and Jurgen von Hollen, current Ultimaker CEO, who will act as Co-CEOs, with Nadav managing product, operations and R&D and Jurgen managing the commercial functions. The entity is expected to maintain its headquarters in both The Netherlands and New York City. Upon closing, the transaction is not expected to have a material impact on Stratasys' revenue and is expected to be immediately accretive. As Stratasys will own less than 50% of the new entity, Stratasys will not consolidate it. The transaction is subject to consultation with appropriate employee representative bodies and the receipt of regulatory approvals, and satisfaction of other customary closing conditions, as a result of which a definitive time frame for closing is not yet available, with closing currently expected over the course of the second or third quarters of 2022.
IAS

Hot Stocks

09:07 EDT Integral Ad Science apppoints Yannis Dosios as Global Chief Commercial Officer - Integral Ad Science appointed Yannis Dosios as Global Chief Commercial Officer. Dosios joins IAS from Twitter, where he was most recently VP of Emerging Businesses, responsible for accelerating growth for MoPub's mobile monetization platform and the Twitter Developer Platform. Previously, he led Global Strategy and Operations for all of Twitter's revenue lines. Prior to Twitter, he held senior positions at Yahoo and led the company's programmatic business.
ADV

Hot Stocks

09:06 EDT Advantage Solutions acquires Brandshare - Advantage Solutions has acquired Brandshare from private equity investors Aperion Management, Leeds Novamark Capital and Ocean Avenue Capital Partners. "We're committed to continually investing in new ways to deliver transformative omnichannel sales and marketing services that help brands and retailers get products into the hands of consumers wherever they are and however they shop," said Advantage Solutions CEO Jill Griffin. "Brandshare's expertise and capabilities highly complement Advantage's own, including our industry-leading in-store sampling services and our suite of sampling innovations, such as online grocery pickup and delivery sampling and digital product demonstrations, which we quickly scaled up during the pandemic to help our clients connect with shoppers in new ways.
KIQ

Hot Stocks

09:06 EDT Kelso Technologies sees ability to conduct operations for foreseeable future - Current working capital and anticipated sales activity in 2022 is expected to protect the company's ability to conduct ongoing business operations for the foreseeable future. With no interest-bearing long-term debt to service with broader sales prospects from a larger product portfolio, Kelso will continue to focus on stronger financial performance on behalf of the shareholders of Kelso.
BTRS PEP

Hot Stocks

09:06 EDT PepsiCo taps Billtrust's ACA solution for hard Mountain Dew distribution - Billtrust (BTRS), a B2B accounts receivable automation and integrated payments leader, announced that PepsiCo (PEP) has successfully deployed its automated Credit Application solution to support the distribution of HARD MTN DEW, a new Mountain Dew-branded alcoholic beverage. For the distribution, Blue Cloud Distribution a wholly owned subsidiary of PepsiCo, needed to quickly configure a credit solution, where legal, to onboard hundreds of new distributor partners and meet the increased credit demand while complying with varying state requirements. By implementing Billtrust's Credit Application solution, BCD is now maximizing customer satisfaction, eliminating paper use and achieving 99% of credit application approvals within a day of submission. BCD uses Billtrust's Credit Application to support other business units. "We already process between seven and ten thousand new customers each year with Billtrust Credit Application, but entering a new business offered our team a new set of challenges," said Mike Bevilacqua, Senior Director, Credit & Collections, PepsiCo. "We worked hand-in-hand with the Billtrust team to address the complexities of multiple state requirements, each with different terms, and were able to quickly stand up a whole new division within a short timeline."
TPR

Hot Stocks

09:06 EDT Tapestry seeing pricing power across all brands - Seeing "no consumer pushback" on price increases. Seeing "strong consumer" that is "increasingly younger." "Confident" in ability to maintain margins over time. Says no plans to return to discounting. Says company posture is "more offensive than defensive." Plans to continue to invest in brand building. Says company is a "free cash flow machine" with FCF levels 2x pre-pandemic.
EEFT

Hot Stocks

09:05 EDT Euronet's Ria Money Transfer announce partnership with Rebtel - Ria Money Transfer, a business segment of Euronet Worldwide, announced a new partnership with Rebtel, an international calling service provider based in Sweden. The partnership embeds Ria's international money transfer service directly into Rebtel's digital platform. Ria offers payments to bank accounts, mobile wallets, and cash across 170 countries and territories and is powered by Euronet's Dandelion service. "Behind every money transfer there is a story, and it usually starts with someone calling home, caring for family, or making a loved one's life better," said Juan Bianchi, CEO of Euronet's Money Transfer Segment. "We've spent over 35 years building an inclusive, real-time payments network that empowers people to send money home, including those people championed by Rebtel. This partnership is a great example of the affinity of our brands with services that are fast, easy, safe and have no hidden fees."
CMTL

Hot Stocks

09:05 EDT Comtech promotes Timothy Jenkins to president of safety, security technologies - Comtech Telecommunications announced that Timothy Jenkins will become President of its Safety and Security Technologies product group, effective as of June 1, 2022. Jenkins has been with Comtech for over three years, joining the company through its 2019 acquisition of the state and local government next-generation 911 business from General Dynamics Information Technology, Inc. Most recently, he has served as Group Vice President and General Manager within the Safety and Security Technologies organization. Kent Hellebust, the current President of Comtech's Safety and Security Technologies product group, will be retiring as of May 31, 2022, after serving in the role since April 2018. This culminates Hellebust's decade of service at Comtech after joining in January 2012 and holding a variety of leadership roles related to the 911 business.
CVX

Hot Stocks

09:04 EDT Chevron releases new Delo jug - Chevron Products Company announced the release of a new package design for its full line of Chevron Delo heavy duty diesel engine oils - including the new Delo 400 XSP SAE 15W-40 full synthetic, high-performance engine oil for diesel pick-up trucks. The 1-gallon jug will feature a two-handle system for improved handling and a smoother "no-glug" pour. Both the 1- and 2.5-gallon jugs include new label designs for easier product selection and will feature a QR code for immediate access to comprehensive product details. The transition to the new packaging will take place beginning this month.
MGM

Hot Stocks

09:04 EDT BetMGM reiterates long-term ambitions in the U.S. - BetMGM reiterated its long-term ambitions in the U.S., which are: Expected market share of approximately 20%-25%; Expected EBITDA margin of 30%-35%. Reaffirmed its outlook guidance: FY22 net revenues over $1.3B; Reach positive EBITDA during 2023.
AZN

Hot Stocks

09:04 EDT AstraZeneca joins Accumulus Synergy as sponsor - Accumulus Synergy announced AstraZeneca has joined Accumulus Synergy as a sponsor company. "Accumulus Synergy has embarked on an ambitious goal and a critical mission to transform the procedures that underpin the regulatory submission process - and this is strongly aligned with AstraZeneca's goal to accelerate the discovery, development and delivery of innovative medicines for patients. We are excited to collaborate with Accumulus Synergy to improve efficiencies and pioneer new processes for facilitating the review of critical medicines," said Jacques Mascaro, Ph.D., MBA, Senior Vice President, Oncology Regulatory Science, Strategy and Excellence, AstraZeneca, who has also been appointed as a Board Member of Accumulus Synergy.
UNH

Hot Stocks

09:04 EDT UnitedHealth selected by State of Missouri to serve Medicaid beneficiaries - The state of Missouri has selected UnitedHealthcare Community Plan of Missouri as one of three managed care organizations to administer its MO HealthNet Managed Care Program for Medicaid members in Temporary Assistance for Needy Families and the Children's Health Insurance Program. UnitedHealthcare is committed to working closely with the Missouri Department of Social Services and its MO HealthNet Division, which administer the state's Medicaid program, toward the shared goal of improving the overall health and well-being of members. Through UnitedHealthcare's approach, Missouri Medicaid members will benefit from a value-based, whole-person and integrated care model that focuses on the unique health needs of members and the communities UnitedHealthcare is dedicated to serving.
SPWR

Hot Stocks

09:03 EDT SunPower partners with Ikea U.S. for home solar solutions - SunPower and IKEA U.S. are teaming up to make solar energy easier to access. Through this collaboration, members of the IKEA Family customer loyalty program will be able to purchase home solar solutions, available through SunPower, to generate and store their own renewable energy. Home Solar with IKEA is expected to launch in select California markets in Fall 2022.
SSYS

Hot Stocks

09:02 EDT MakerBot, Ultimaker enter business combination agreement - MakerBot and Ultimaker announced that they have come to a business combination agreement that will accelerate the adoption of additive manufacturing by providing a comprehensive desktop 3D printing ecosystem of hardware, software, and materials. The new entity will be backed by existing investors, NPM Capital and Stratasys, and will benefit from a planned cash investment of $62.4 million to fuel innovation and expansion into new markets. The new company will be led by Nadav Goshen, current MakerBot CEO, and Jurgen von Hollen, current Ultimaker CEO, who will act as Co-CEOs, with Nadav managing operations and R&D and Jurgen managing the commercial functions. The new entity aims to offer easy-to-use and accessible desktop 3D printing solutions for any application while inspiring the industry to a future state of responsible and sustainable manufacturing. The new company will maintain headquarters in both The Netherlands and New York, USA. The transaction is subject to consultation of appropriate employee representative bodies and regulatory approvals, with closing currently expected over the course of the second or third quarters of 2022.
BREZ

Hot Stocks

09:02 EDT D-Orbit successfully completes fifth ION satellite carrier mission - D-Orbit, the space logistics and orbital transportation company in the process of going public through a transaction with Breeze Holdings Acquisition, announced the successful completion of the Company's fifth mission, Spacelust. The deployment phase of the mission ended after D-Orbit's versatile and cost-effective orbital transfer vehicle, OTV, ION Satellite Carrier, ION, successfully deployed a pair of small customer satellites from Kleos Space. In addition, over the weeks preceding the final deployment operation, ION fired Dawn Aerospace's B20 thrusters and successfully performed a change in the orbit inclination and RAAN parameters to release KSF2a and KSF2b, the last two of the four Kleos' Patrol Mission satellites onboard. "Another mission completed and another terrific job by our team at D-Orbit," said Renato Panesi, Ph.D., D-Orbit's Chief Commercial Officer. "We are proud to have served our customers on Spacelust. With each mission we complete, we are demonstrating the strength of our technology and our steady progression along our roadmap."
DPRO

Hot Stocks

09:00 EDT Draganfly to deliver NuGen's needle-free injection devices, insulin to Ukraine - NuGen Medical Devices is pleased to announce that the Company has selected Draganfly and Coldchain Delivery Systems to provide drones and services for the delivery of NuGen's needle-free injection system, known as InsuJet, insulin, and other crucial medical supplies to affected areas in Ukraine. Working with Revived Soldiers Ukraine, a non-profit organization dedicated to providing aid to the people of Ukraine, Draganfly's North American-made Medical Response Drones will be used to deliver NuGen's InsuJet needle-free injection devices, coupled with insulin, to dangerous and hard-to-reach areas across Ukraine.
NEGG

Hot Stocks

08:56 EDT Newegg Commerce shares insights about Newegg Live - Newegg shared insights about its live video commerce platform, Newegg Live. Launched in September 2021 and produced by the company's media team for the Newegg mobile app and TikTok, Newegg Live is an interactive, real-time livestream showing some of the most in-demand tech products available on the Newegg platform. Airing several episodes per week, Newegg Live demonstrates products at exclusive sale prices typically available only for the duration of the livestream. Show hosts also produce and write their own scripts. Programming emphasizes interaction between the brand and its customers, who type questions or comments in the chat for the hosts to offer a response. Viewers can ask questions about the products to make more informed buying choices. The tech solution enables viewers to make purchases directly in the Newegg mobile app or on TikTok while watching the video. The video is also available to watch later on social media platforms. Newegg Live engages with current and new customers in a way that is more entertaining than typical e-commerce shopping. Hosts offer a three-dimensional perspective of products, in-depth descriptions and the ability to show features of products like their capabilities, sounds and video. Show hosts also produce and write their own scripts. Answering questions through host conversations or demonstrating product features are crucial to keep audiences engaged. The show has also been integral in expanding the product categories associated with the Newegg brand. While the company features some of its top-tier brands and products like gaming PCs, computer components, monitors and other products in core categories, the livestream has also created opportunities for new sellers to feature products on episodes.
SMID

Hot Stocks

08:52 EDT Smith-Midland Corp continues to face macro challenges - Smith-Midland and its competitors continue to face many macro challenges including labor shortages, inflationary and raw material cost increases, and supply chain disruptions. Smith-Midland's proactive stance on raw material inventories continues to provide stability for customers despite these global challenges. The barrier rental business is strong and the fleet will more than double by the end of the year. Sales initiatives are gaining traction and the Company intends to aggressively pursue market share. Smith-Midland serves diverse end markets with innovative patented, proprietary, and customized products. The Company's growing licensee network generates healthy royalties and extends the geographic reach of the patented products. Regulatory tailwinds and macro off-site pre-fabricated construction trends favor Smith-Midland's portfolio of products over the long-term. Backlog was approximately $32.7 million recorded as of May 2, 2022, compared to approximately $29.0 million a year ago. Management will continue to execute against the Company's long-term growth strategy focusing on continuously enhancing shareholder value.
AMYZF

Hot Stocks

08:49 EDT American Manganese reschedules shareholder meeting - American Manganese has rescheduled its annual general and special meeting of shareholders to July 8, 2022, at 11:00 a.m. Further details on the meeting will be contained in a new Notice of Meeting and the management information circular that will be mailed to shareholders and filed on SEDAR.
XPOA

Hot Stocks

08:47 EDT D-Wave announces availability of Advantage quantum computer - D-Wave Systems announced the availability of the first Advantage quantum computer, accessible via the Leap quantum cloud service, physically located in the United States. The cloud-based service is part of the USC-Lockheed Martin Quantum Computing Center hosted at USC's Information Sciences Institute, a unit of the University of Southern California's prestigious Viterbi School of Engineering. Among the highlights: The service will provide access to the first Advantage quantum system physically located in the United States. Advantage is the first quantum computer built for business that contains the new Advantage performance update released in October 2021 and features the highly connected Pegasus topology and 5000+ qubits. Leap quantum cloud service users will immediately be able to access the Advantage quantum computer located at the QCC in real-time. Leap access also gives researchers, governments and enterprises access to all of the programming tools and hybrid quantum-classical resources offered through Leap. Additionally, Amazon Web Services and D-Wave announced that the U.S.-based system will be available today for use in Amazon Braket, expanding the number to three different D-Wave quantum systems available to AWS users. Through QCC, USC has been a pioneering academic institution in the hosting and operating of a commercial quantum system and is a world leader in research and development of advanced information processing, computer and communications technologies. USC has been working with D-Wave since 2010 and has housed several generations of earlier D-Wave systems with the first one installed at the QCC with Lockheed Martin.
EVBG

Hot Stocks

08:47 EDT Everbridge: India's Maharashtra selected company's Incident Response Solutions - Everbridge announced that the Indian State of Maharashtra selected the company's Incident Response Solutions to help governments plan for, respond to, and recover from any disaster. Home to a combined 150 million residents and annual tourists, Maharashtra is the second-most populous state in India, and its capital Mumbai is the most populous city in the country.
XPOA

Hot Stocks

08:46 EDT D-Wave announces update to CQM hybrid solver - D-Wave Systems announced an update to its Constrained Quadratic Model hybrid solver in the Leap quantum cloud service. This update enables organizations, for the first time, to leverage the power of quantum computation to run constrained quadratic optimization problems with continuous variables. Because of this, the CQM solver allows quantum developers to better represent constrained problems - such as production capacity, available funds, and asset tracking - by using continuous variables, unlocking a new class of problems and further accelerating commercialization of quantum applications. For example, with continuous variables, developers can determine optimal vehicle routes by considering capacity, travel/wait times and distances; pharmaceutical companies can more deeply analyze patient outcomes of drug trials by reviewing trial duration, time-to-patient outcomes and number of iterations; and energy operators can more effectively deliver power to customers through models that address generator output, fuel consumption and emission, and storage levels.
VLON

Hot Stocks

08:45 EDT Vallon Pharmaceuticals reports additional data from SEAL study of ADAIR - Vallon Pharmaceuticals reported additional results from the SEAL study evaluating the abuse potential of ADAIR. ADAIR is the Company's proprietary abuse-deterrent formulation of immediate-release dextroamphetamine currently in development for the treatment of attention deficit hyperactivity disorder, ADHD, and narcolepsy. In March 2022, the Company reported topline results from its SEAL study. The SEAL study was the Company's pivotal intranasal human abuse liability study assessing the pharmacodynamics, pharmacokinetics, safety and tolerability of snorting professional laboratory-manipulated ADAIR 30 mg when compared to crushed d-amphetamine sulfate and placebo in recreational drug users. Summary of Additional Data from the SEAL Study Vallon has completed its initial analysis of the full data set and has received final tables, figures, and listings for the study. Pharmacokinetic analysis showed that professionally manipulated ADAIR taken intranasally demonstrated a blunted pharmacokinetic profile compared to crushed and snorted dextroamphetamine including lower maximum blood levels of dextroamphetamine, a longer time to maximum blood concentrations, and lower overall drug exposure especially during the early time points up to 1, 2, and 4 hours after dosing. As previously reported, secondary endpoints of Overall Drug Liking and willingness to Take Drug Again at 12 and 24 hours post-dosing were all statistically significantly lower for manipulated ADAIR taken intranasally compared to crushed and snorted reference dextroamphetamine. On the additional endpoints of Emax Overall Drug Liking and Emax Take Drug Again, ADAIR was also statistically significantly lower than reference dextroamphetamine. As previously reported, ADAIR intranasal demonstrated higher scores on each of the 5 components on the Subject Rated Assessment of Intranasal Irritability suggesting that manipulated ADAIR was more irritating and less comfortable to snort than crushed dextroamphetamine. The additional analysis confirms that all of those differences were statistically significant. On the pharmacodynamic endpoint of "Feeling High" ADAIR IN was significantly lower than reference Dextroamphetamine IN. On the endpoint of "Good Effects," there was a strong trend towards lower scores with ADAIR IN; there were no significant differences on the endpoint of "Bad Effects." The overall safety and tolerability profile of ADAIR in the SEAL study was consistent with the well-established profile of dextroamphetamine. ADAIR was generally well tolerated, and the safety profile of all active treatment arms was consistent with the known effects of amphetamine, with no unexpected adverse events reported. "While we were disappointed we did not meet our primary endpoint for the SEAL study, we are encouraged by the additional results found upon further analysis of the data which show favorable outcomes on additional secondary and exploratory pharmacokinetic and pharmacodynamic endpoints," commented David Baker, President & CEO of Vallon. "We are continuing to work with our advisors and partners to assess the full data set from the SEAL study and to evaluate next steps and a potential path forward for the ADAIR development program."
SNCR

Hot Stocks

08:45 EDT iQmetrix closes purchase of Synchronoss' DXP and Activation Solutions - iQmetrix announced that it has closed its acquisition of Digital Experience Platform and Activation Solutions from Synchronoss Technologies SNCR-a global leader in cloud, messaging, and digital products and platforms. The purchase of DXP and Activation, valued at $14 million, is an investment that allows iQmetrix to integrate advanced digital retail technology with intelligent retail management, ultimately enabling retailers to deliver exceptional consumer experiences. The acquisition of these product pillars and associated employee base now gives iQmetrix its first office in Bangalore, India. Approximately 100 employees in India, the US, the UK, Ireland, and Germany will be transitioned into iQmetrix. DXP and Activation enable telecom operators and retailers around the globe to create, orchestrate, and manage digital experiences across all channels. Using a low-code approach, DXP allows users to easily create, integrate, and publish customer journeys and experiences through simple drag-and-drop configurations.
IDR

Hot Stocks

08:44 EDT Idaho Strategic announces addition of Lemhi Pass REE project in Idaho - Idaho Strategic Resources is pleased to announce its newly added Lemhi Pass Rare Earth Element project and claim group in the Lemhi Pass area of central Idaho. IDR's newest addition is a strategic land package consisting of 25 unpatented claims, covering an area of approximately 425 acres in the northeastern part of the Lemhi Pass District. The northeastern portion of Lemhi Pass contains the greatest concentration of veins where the large Lemhi Pass, Bull Moose, and Dan Patch faults either intersect or approach one another. Although prior REE assay values within this area are very limited, this newest addition is a high-quality claim block covering most of the area's historical highest recorded REE values. Lemhi Pass is officially recognized as one of the most important critical mineral districts in the United States. It hosts a wide variety of critical minerals from technology metals, such as rare earths and niobium, to energy generating metals like thorium. The Company believes that while Idaho's REE-Th Belt is not yet as popular as the well-known Idaho Cobalt Belt, it has the potential to be an important source of the technology and energy metals required to support our nation's decarbonization goals and domestic supply chain security. Given the increased activity in the Lemhi Pass District over the past year, IDR has benefitted tremendously from its first-mover advantage, proven 'producer' status and the relationships it has developed with fellow Idaho stakeholders in the area. The Lemhi Pass District is in the southeastern part of the 70-mile-long by 10-mile-wide northwest trending belt known for containing Rare Earth Elements and Thorium in abundance. The Idaho REE-Th Belt possesses most of the known REE lode occurrences in Idaho and extends from the Lemhi Pass District in the southeast through the Mineral Hill District. Within this 70-mile belt lies IDR's Roberts Property in the northwest, Diamond Creek Property in the middle, and our new Lemhi Pass Property in the southeast. The Lemhi Pass area was historically prospected for copper and gold until the sudden demand for uranium arose in the late 1940's following World War 2. This demand fueled U.S. government sponsored nationwide exploration for nuclear power related raw materials, which resulted in the discovery of thorium at Lemhi Pass in 1949. The commercial potential of these REE and thorium deposits was recognized by the 1950's; but the subsequent Cold War yet again shifted our nation's focus to uranium for its weaponization potential, minimizing the exploration work sponsored by the Dept. of Energy, Atomic Energy Commission and others. Thus, strategic interest in Idaho's REE-Th Belt faded until the implementation of two Executive Orders addressing REE's, and most recently by the Biden administration enacting the Defense Production Act to increase domestic mining and processing of critical materials for the large capacity battery supply chain and related technologies.
IDT

Hot Stocks

08:43 EDT IDT Corp announces BOSS Money expands remittance service to Ethiopia - IDT Corporation announced that its BOSS Money remittance service now offers direct deposit to approximately 40M accounts across Ethiopian banks. The expanded service, powered by Terra Pay, enables BOSS Money customers in the United States to send cash directly to the bank accounts of family and friends in Ethiopia for receipt within minutes. "BOSS Money has attracted a loyal following in the Ethiopian diaspora because of our reliable cash pick-up service, low fees, and favorable exchange rates," said Alfredo O'Hagan, IDT's SVP for Consumer Payments. "Now, we are pleased to offer direct deposit to 40 million accounts at Ethiopian banks in addition to cash pick up at over 4,600 branch locations."
CRMD AMRX

Hot Stocks

08:42 EDT CorMedix announces leadership updates, operational changes - CorMedix (CRMD) announced updates regarding its leadership team and changes regarding its international operations: Joe Todisco, Chief Executive Officer of CorMedix, officially joined the organization on Tuesday May 10th. Liz Hurlburt, EVP of Clinical Operations, has been promoted to an expanded role as EVP of Clinical & Medical Affairs, assuming oversight of Medical Affairs, Drug Safety and Pharmacovigilance, in addition to her existing Clinical Operations responsibilities. Donna Ucci has joined the Company as Senior Vice President and Head of Global Quality, reporting directly to the CEO. Donna joins CorMedix after most recently serving as VP Global Quality Management at Amneal Pharmaceuticals (AMRX). Frank Raffaele has joined the company as VP of Supply Chain, and brings more than 30 years of manufacturing and supply chain experience, most recently with Quotient Sciences. The Company and Tom Nusbickel, EVP and Chief Commercial Officer, have mutually agreed to part ways. The Company will begin the process of winding down its European operations and will discontinue the distribution of Neutrolin, which is CE marked as a medical device in Europe. The Company intends to focus near-term efforts on securing NDA approval and commercialization of DefenCath in the US market.
TPR

Hot Stocks

08:39 EDT Tapestry expects Shanghai lockdown to be lifted in early June - Expects Shanghai distribution center re-opening in mid-May.
RVLWF

Hot Stocks

08:38 EDT Revitalist Lifestyle and Wellness reports April revenue C$480,000 - REVITALIST LIFESTYLE AND WELLNESS is pleased to report updates on strategic initiatives accomplished in April including becoming a founding partner with the American Association of Psychedelics. Revenue - April 2022 sales of approximately $480,000 CAD represented a 319% increase from the same month in 2021 and a 15% increase compared to March 2022. Insurance - Over 80 medical and mental health providers directly associated with Revitalist have now been accepted and considered to be "in-network" with top commercial insurance payers including Blue Cross Blue Shield, Aetna, Cigna, Humana, Optum, United Healthcare, and federal insurers including Veterans Affairs Community Care Network and Medicare. "In network" verifies the providers have met the insurers quality standards giving greater financial security to consumers and payers. Research - Revitalist receives acceptance to present at the American Psychiatric Nursing Association's National Conference discussing its findings on Case Report: Adult with Bipolar Disorder and Autism treated with Ketamine. To request a copy of this report, please email us at corporate@Revitalist.com Education - Revitalist becomes founding partner with the American Association of Psychedelics. The inaugural conference, "Ethics Safety, Science" takes place in Knoxville, TN, November 17-20, 2022. To learn more visit AAPsychedelics.org Metaverse - Revitalist's partnership with Metachain Technologies Inc. to create virtual mental health and wellness clinic chains through its subsidiary, Revitaland, enters alpha testing phases. Revitalist CEO, Kathryn Walker, states: "April was a terrific month for the Company. We closed the first tranche of our financing for $3,869,000 and ended the month with our best sales performance yet. Considering the barriers many companies are facing at this time with inflation and market fluctuations, this proves the strength of our company even in trying times. I am continuously amazed as we continue to trail blaze this industry executing at accelerated speeds in various revenue producing capacities changing and saving lives every day."
MAPS

Hot Stocks

08:37 EDT WM Technology launches payments in Ontario - WM Technology has expanded its product offering in Ontario with an integrated digital payment process that will help small businesses compete with the growing demand for delivery, curbside pick up, and cashless transactions. Effective immediately, customers at participating Ontario retailers will be able to not only browse for cannabis products through Weedmaps' industry-leading listings platform, but also make payments directly to participating retailers in-app through Visa or MasterCard credit cards. Additionally, for improved customer experience and to help facilitate compliance with Canada's personal possession limits, customers will be directly notified when an item in their cart is out of stock or if their order exceeds the legal purchasing limits.WM Technology is also launching its WM Store product for Ontario retailers. WM Store brings the Weedmaps platform directly to cannabis retailers' branded websites, providing business owners with the ability to customize product menus, logos, and colour schemes to better reflect their corporate brand and create a more seamless, end-to-end order experience for customers. Further, pairing WM Store with the ordering and logistics functionality of WM Orders, WM Business' delivery and orders platform, streamlines the entire ordering process for customers by enabling an intuitive shopping experience with an orderable website menu featuring filters, dynamic search, and product information, directly on retailers' branded websites.
JAGGF

Hot Stocks

08:36 EDT Jaguar Mining expects to deliver towards lower end of production guidance - The Company expects to deliver towards the lower end of its annual production guidance of 86,000 to 94,000 ounces. At the lower end of the guidance, with a US$ to Brazilian Real foreign exchange ranging between R$5-5.30 and incorporating the impacts of the cost savings initiative, the Company expects to meet the higher end of the annual cost guidance of $1,150 to $1,250 per ounce for the remaining part of the year 2022.
CALX

Hot Stocks

08:36 EDT Calix teams with Bark Technologies on mitigating 'cyberbullying' - Calix announced a partnership with award-winning online safety leader, Bark Technologies. Cyberbullying is now the most common form of harassment faced by teens and tweens. Bark data shows that 85 percent of teens experienced bullying last year, and 75 percent were involved in a self-harm situation. As the latest addition to a growing ecosystem of premium service offerings in Calix Revenue EDGE Suites, Bark gives broadband service providers the power to help protect communities' most vulnerable members. Bark uses artificial intelligence monitoring technology to detect and alert families about cyberbullying, online predation, self-harm, suicidal ideation, violence, and more across text messages, emails, YouTube, and 30+ apps and social media platforms. Through this partnership, Calix and Bark enable even the smallest BSPs to expand their value to the communities they serve by helping families protect children at home, school, and everywhere in between. Together, Calix and Bark-which monitored over 3.4 billion online activities last year-will further enable community-minded BSPs to protect their subscribers. Calix has a history of partnering with BSPs to keep kids safer online; since 2019 parental controls have been available through ExperienceIQ. Earlier this year, Calix announced a more than 90 percent increase in BSP adoption of ProtectIQ , a cybersecurity service that stops thousands of cyberattacks each month from threatening subscriber homes. As social media has proliferated, parents now need expanded options. Eighty-three percent of children believe social media platforms should do more to address issues they face online. With this comprehensive Calix and Bark partnership, BSPs have a set of turnkey services to help protect families, even as the average time spent online surpasses seven hours per day.
TPR

Hot Stocks

08:35 EDT Tapestry expects 35% revenue decline in China in Q4 - Cites ongoing Covid-19 restrictions.
RWT

Hot Stocks

08:34 EDT Oasis Pro completes $27+M Series A financing round - Oasis Pro Inc. has completed a significantly oversubscribed $27+M Series A financing round. The financing included existing investor UDHC and included other strategic investors such as Blizzard the Avalanche Fund, Inveniam, Redwood Trust, TrustLabs, Mirae Asset Venture Investment, Gate Ventures, and LedgerPrime, as well as additional leading blockchain thought leaders including StableNode. This milestone financing will be used to fuel continued growth by building out the senior management team, expanding global business development, scaling the technology platform globally through new revenue streams, and adding complementary blockchain technologies. Oasis Pro's subsidiary, Oasis Pro Markets will also benefit as this funding will accelerate Oasis Pro Market's Digital Asset Security ATS platform, global expansion and full-service investment banking advisory practice.
STT

Hot Stocks

08:33 EDT State Street launches SPDR MarketAxess Investment Grade 400 Corporate Bond ETF - State Street Global Advisors, the asset management business of State Street Corporation announced the launch of the SPDR MarketAxess Investment Grade 400 Corporate Bond ETF. Designed to blend the advantages of an ETF with the tradability benefits of investing in US Investment grade corporate bonds with higher liquidity compared to the broader U.S. corporate bond market, LQIG offers investors credit exposure with the potential for tighter bid-ask spreads, lower premium/discounts, and more transparency into the underlying holdings' real-time valuations.
ABC

Hot Stocks

08:32 EDT AmerisourceBergen to resume share repurchases - AmerisourceBergen announced that it is resuming share repurchases with excess free cash flow in accordance with the company's disciplined approach to capital allocation. The company remains fully committed to maintaining its investment grade credit ratings, which involves paying down $2B in debt within two years of the June 2021 acquisition of Alliance Healthcare. As noted during its most recent earnings call, the company is on track to achieve this debt paydown by March 2023, ahead of the two-year commitment.
DM

Hot Stocks

08:32 EDT Desktop Metal launches DuraChain photopolymers - Desktop Metal announced DuraChain - a first-of-its-kind commercial category of photopolymers that uses a material chemistry process known as Photo Polymerization-induced Phase Separation, or Photo PIPS, to deliver breakthrough material properties. Parts produced with standard acrylate-based resins used in DLP 3D printing today are prone to shattering or fracturing upon impact. For decades, the 3D printing industry has been working to incrementally improve these material properties and deliver more durable and elastomeric properties.
ATHA

Hot Stocks

08:29 EDT Athira Pharma urges holders to back its director nominees at May 19 AM - Athira Pharma reiterated its unanimous recommendation that shareholders vote "FOR" Athira's three highly qualified, independent director nominees - Joseph Edelman, John M. Fluke, Jr. and Grant Pickering - at the company's upcoming Annual Meeting of Shareholders on May 19, 2022. It is extremely important that Athira shareholders vote as soon as possible. To ensure your shares are timely represented at the annual meeting, shareholders are encouraged to vote online or by telephone by following the easy instructions on the WHITE proxy card. Athira urges shareholders not to return any blue proxy cards sent to them by Richard A. Kayne. Ahead of the meeting, Athira mailed a letter to shareholders reiterating that the company has the right strategy, as well as the right leadership team and board of directors, to drive Athira's success in this pivotal chapter. The Athira board is highly qualified and actively engaged in the development and execution of the company's strategy, and has been purpose-built for this phase in the company's evolution. The company's leadership is executing against target milestones, with topline results from the Phase 2 ACT-AD study expected by the end of the second quarter of 2022 and multiple other upcoming clinical milestones.
TPR

Hot Stocks

08:27 EDT Tapestry says drove 'outsized' revenue growth in the digital channel in Q3 - Says e-commerce represented about 30% of sales in Q3. Says Coach average prices have increased for 12 straight quarters. Expects "exceptional margins" for Coach in FY22. Expects Coach to reach $5B in revenue in FY22. Sees Stuart Weitzman brand returning to profitability in FY22. Says "company foundation is solid, brands poised for growth." Says trends in China weakened through the quarter due to Covid-19 restrictions. Comments taken from Q3 earnings conference call.
NRGV

Hot Stocks

08:27 EDT Energy Vault increases scope of energy storage project with DG Fuels - Energy Vault Holdings announced an increase in scope for its initial energy storage project with DG Fuelsin Louisiana. As previously announced in October 2021, Energy Vault and DG Fuels, an emerging leader in renewable hydrogen and biogenic based, synthetic sustainable aviation fuel and diesel fuel, entered into an energy storage system agreement to support the production of green hydrogen for sustainable aviation fuel across three projects, which have an expected opportunity of up to $520 million in revenue. Under the terms of the original agreement, Energy Vault agreed to provide 1,600 megawatt hours of energy storage to support DG Fuels across three SAF projects, with the first project originally slated for 500 MWh in Louisiana. In October 2021, Energy Vault invested alongside Black & Veatch and HydrogenPro AS in a financing round for DG Fuels to support its continued development of the first SAF project in Louisiana. Under the terms of the project expansion, the SAF project is being developed to support up to 73 megawatts for 16 hours, reflecting a total of 1,168 MWh in storage capacity. The companies plan to follow the Louisiana project with additional projects in British Columbia and Ohio, with an opportunity for total storage capacity of 2,234 MWh overall and up to $737 million in potential project revenue over time.
PRTH

Hot Stocks

08:26 EDT Priority Technology to launch solution for construction payment challenges - Priority Technology Holdings will be launching their next vision for solving the construction payment challenges at the Construction Financial Management Association annual conference scheduled for May 14-18, 2022 in Atlanta. Representatives from Priority will be available throughout the conference to engage with attendees, answer questions, highlight products, and participate in the broader conversation happening among thought leaders at the forefront of construction finance. Cash flow management will be a frequent topic of discussion considering a recent survey showing that 84% of construction firms experienced cash flow issues in the preceding 12 months, and nearly 20% dealt with them on a constant basis. Another survey showed that cash flow problems reduce profits for 47% of firms, delay projects for 33%, and lead 30% to take out loans. More than just an annoyance, cash flow problems create chaos and cut deep into the bottom line in ways that it's hard (or impossible) to recover from. Seeing a golden opportunity to both add to and learn from this discussion, Priority relishes the chance to engage with anyone and everyone at the CFMA conference. The issues relevant to construction finance professionals are the same ones that Priority strives to solve with an all-encompassing platform that integrates payment and banking infrastructure into a single solution driven by automation. By combining together the constituent parts of construction finance, streamlining how money moves in and out of accounts, and automating time, labor, and error-intensive workloads, Priority transforms how construction handles payments.
MVST

Hot Stocks

08:25 EDT TUV SUD supports Microvast in sustainable battery production - TUV SUD has developed a sustainability assessment program for battery production, which is currently being implemented for the first time in a pilot project with Microvast Holdings. When developing its sustainability assessment program, TUV SUD was guided by the holistic sustainable development goals of the United Nations and took these goals as a basis to define specific criteria and indicators that allowed its technical inspection experts to assess and quantify sustainability. TUV SUD even considered the requirements of the future EU Battery Directive. The TUV SUD sustainability assessment program is designed to support manufacturers in developing more sustainable battery production operations which will ultimately encompass not only ecological, but also social and economic aspects. In a pilot project for the first stage of the sustainability assessment, TUV SUD reviewed the current status of corporate sustainability at several of Microvast's facilities. The pilot project marked the debut of a newly developed SDG assessment tool which enables impartial, holistic, and transparent recording and assessment of the underlying data to be performed. The results of the first stage of the sustainability assessment were summarized in a status report, which Microvast will use as a baseline for advancing its sustainability initiatives.
BMRA

Hot Stocks

08:25 EDT Biomerica announces CE Mark for H. pylori diagnostic test, hp+detect - Biomerica announces CE Mark for its hp+detect diagnostic test that detects Helicobacter pylori bacteria. The company will begin to market and sell its hp+detect diagnostic test in the European Union and other international countries following registration of the product in each country in which it is sold.
AEZS

Hot Stocks

08:24 EDT Aeterna Zentaris provides update on AIM Biologicals development program - Aeterna Zentaris provided an update on the results from pre-clinical studies of Aeterna's Autoimmunity Modifying Biologicals, for the potential treatment of Parkinson's Disease. As previously announced, the data were presented at IMMUNOLOGY2022, the annual event of the American Association of Immunologists, held on May 6-10, 2022 in Portland, Oregon. The abstract titled "alpha-synuclein peptides presented on chimeric MHC class Ib molecules prevent loss of substantia nigra neurons in an animal model for Parkinson's disease1" outlining the data was presented by Prof. Joerg Wischhusen, PhD, Head of the Laboratory of Experimental Tumor Immunology, Department of Obstetrics and Gynecology, School of Medicine, University of Wuerzburg. As previously announced, that abstract was accepted as a poster presentation and was also selected for an oral presentation at IMMUNOLOGY2022. The pre-clinical study investigated whether novel, antigen-specific, tolerance-inducing biomolecules that present peptide antigens on MHC class Ib-related molecules can inhibit neurodegeneration and prevent PD in-vivo. The pre-clinical data presented showed consistent effects in various in-vitro and in-vivo models, verifying the potential of HLA-G based molecules to induce antigen-specific immune-modulation. Treatment with such molecules lead to apoptosis of antigen-specific cytotoxic T cells and to the stimulation of regulatory T cells. In a new, innovative mouse model of Parkinson's disease, treatment with alpha-Synuclein specific AIM Biologicals showed a trend towards improved motoric function, as well as significant induction of regulatory T cells and rescue of substantia nigra neurons.
BWMN

Hot Stocks

08:23 EDT Bowman Consulting appoints Ray Vicks to board of directors - Bowman Consulting Group announced it increased the size of its board of directors and appointed Ray Vicks as an independent director, effective May 11, 2022. Vicks spent more than 33 years in public accounting, including sixteen years as a partner at PricewaterhouseCoopers, where he focused on the external audit and advisory risk management practice areas. The board accepted the resignation of Dan Lefaivre as a director effective immediately after the filing of the Company's 10-Q. Mr. Vicks will assume the role of Chair of the board's audit committee and will become a member of the board's nominating and governance committee.
ALIM

Hot Stocks

08:23 EDT Alimera notes positive predictive value of corticosteroids before Iluvien - Alimera Sciences announced that the phase 4 PALADIN study confirmed the benefit of using a prior course of corticosteroid as indicated in the ILUVIEN U.S. label to mitigate the risk of uncontrolled intraocular pressure elevation. These results were presented at the annual Association for Research in Vision and Ophthalmology conference held in Denver, Colorado from May 1-4, 2022. At the ARVO conference, Christopher Fuller, MD, a vitreoretinal specialist practicing at Texas Retina Associates in Lubbock, Texas, presented "Three Year Outcomes from the PALADIN Phase IV Study: Predictive Value of Prior Steroid Challenge and Intraocular Pressure Outcomes." David Dyer, MD, Chief Retina Specialist at Alimera and the founder of Retina Associates in Kansas City, Missouri, authored the poster "Three Year Outcomes from the PALADIN Phase IV Study: Distribution of Intraocular Pressure Outcomes by Patient Subgroup." The three-year PALADIN study evaluated the long-term safety and efficacy of ILUVIEN, a 0.19-mg fluocinolone acetonide intravitreal implant, in patients with diabetic macular edema. According to the abstracts presented, the study found that the steroid challenge mitigates IOP events identified in the earlier phase 3 FAME trial. The number of eyes in each IOP sub-category were comparable between baseline and post-FAc, highlighting the predictive value of the corticosteroid challenge. Eyes with better baseline vision and eyes without additional treatment had fewer IOP events compared to the full population, suggesting that using the 0.19mg FAc implant in eyes with earlier disease may minimize IOP risk while providing optimal visual benefits. The long-term visual acuity of eyes that experienced IOP events were not significantly impacted. The study enrolled 202 eyes in 159 patients with DME who had previously been treated with a corticosteroid and had not experienced a clinically significant rise in IOP. The eyes were treated with ILUVIEN, and patients were followed for up to 36 months. During the 36 months, the IOP distribution was marginally affected, with over 96% of eyes showing a mean IOP less than or equal to 25 mmHg during any study visit.
HBAN

Hot Stocks

08:23 EDT Huntington Bancshares acquires fintech Torana - Huntington Bancshares subsidiary Huntington National Bank has acquired Digital Payments Torana, a business-to-consumer payments fintech based in San Francisco. Torana's payment solution is a software as a service model built in the cloud and will enable Huntington and its clients to distribute digital payments to a variety of end users. Terms of the transaction were not disclosed.
EQ

Hot Stocks

08:22 EDT Equillium: EHA publishes abstract on Phase 3 EQUATOR study - Equillium announced that the European Hematology Association EHA has published an abstract highlighting the Phase 3 EQUATOR study in first-line acute graft-versus-host disease aGVHD. The abstract discusses acute graft-versus-host disease aGVHD being a major cause of morbidity and mortality following allogeneic hematopoietic stem cell transplant allo-HSCT and that there is no approved first-line treatment, where corticosteroids remain standard of care. Itolizumab, a humanized IgG1 monoclonal antibody that binds CD6 and blocks interaction with activated leukocyte cell adhesion molecule ALCAM to inhibit T effector cell activity and trafficking to target organs, represents a promising therapeutic approach to treat aGVHD, as suggested by safety and efficacy results from the Phase 1b EQUATE study. These results and benefit-risk profile led to the currently enrolling Phase 3 EQUATOR study, a randomized, double-blind, placebo-controlled study to evaluate the efficacy and safety of itolizumab in combination with corticosteroids for the treatment of first-line aGVHD.
FAF

Hot Stocks

08:21 EDT First American appoints Marsha Spence to board of directors - First American Financial Corporation announced that Marsha Spence has been appointed to the company's board of directors. Over the course of her distinguished 45-year career in title and settlement, Spence's skillful leadership has consistently produced high-performing teams and profitable growth at Mother Lode Holding Company, a California-based provider of title insurance, underwriting and escrow services for residential and commercial real estate transactions known for its strong employee-centric culture
TLLTF

Hot Stocks

08:21 EDT Tilt Holdings announces exclusive partnership with Black Buddha Cannabis - TILT Holdings announced an exclusive manufacturing and distribution partnership with Black Buddha Cannabis. The initial Massachusetts launch will include Black Buddha Prepacks as well as Black Buddha's proprietary fast-acting gummies.
ENPH

Hot Stocks

08:21 EDT Enphase Energy expands battery storage in Missouri - Enphase Energy announced that installers of Enphase products in Missouri have seen growing deployments of Enphase Energy Systems powered by IQ Microinverters and IQ Batteries, as severe weather such as winter ice storms, tornadoes, and summer flooding continues to impact homeowners in the Midwest. "We take pride in supporting an excellent customer experience and giving homeowners more peace of mind about their energy future," said Dave Ranhoff, chief commercial officer at Enphase Energy. "We're proud to partner with installers across Missouri to help homeowners invest in an all-in-one home energy solution from Enphase and meet their desired energy needs."
EVLV

Hot Stocks

08:20 EDT Dollywood selects Evolv Express for security - Evolv Technology announced that Dollywood has selected Evolv Expressto help guests safely enjoy the theme park. As part of its 37th season opening, Dollywood has been working with traffic engineers and security experts to expedite the way customers move through their parking lot, toll plaza, tram routes, and front gates. With Evolv Express, guests arriving at the park don't have to stop or remove items from their pockets or bags to enter the theme park. Evolv Express identifies weapons and other potential safety threats without compromising the guest experience. By using Evolv Express, Dollywood is able to streamline the islands of patrons entering and exiting the park, making it a much smoother and faster process.
NNXPF

Hot Stocks

08:20 EDT NanoXplore, Molding Products execute long-term supply agreement - NanoXplore announced that it has entered into a long-term supply agreement with Molding Products LLC to produce and sell graphene-enhanced Sheet Molding Compound called GrapheneBlack SMC, used to create high quality, lightweight composite exterior and battery enclosure parts for cars and trucks, such as hoods, bumpers, roofs, and battery packs.
MBCN

Hot Stocks

08:20 EDT Middlefield Banc promotes Ranttila to VP of Finance of Middlefield Banc - Middlefield Banc announced that Michael Ranttila has been promoted to Vice President, VP, of Finance of Middlefield Banc Corp. As Vice President of Finance, Ranttila has also become an Executive Officer of Middlefield Banc Corp. Ranttila will continue to serve as Executive Vice President/Chief Financial Officer of The Middlefield Banking Company a position he has held since November 2019. Ranttila first joined the Bank as Controller in March 2011 and has extensive experience in financial reporting.
NRXP

Hot Stocks

08:20 EDT NRx Pharmaceuticals begins enrollment in Phase 2 bipolar depression study - NRx Pharmaceuticals announced that the first patient has been enrolled in one of the two psychiatry studies that it plans to initiate this year: this first trial is studying patients with bipolar depression and sub-acute suicidality - not requiring hospitalization -. In the second half of this year, NRx Pharmaceuticals expects to initiate a Phase IIb/III registrational trial in patients with bipolar depression and acute suicidal ideation and behavior, which requires hospitalization of the patient. The FDA previously awarded Breakthrough Therapy Designation for NRX-101 for this last indication, based on positive Phase II data that the company submitted. NRX-101 is an oral, patented, fixed-dose combination product of D-cycloserine and lurasidone. Both components are approved drugs that are not scheduled, as available data has not shown potential for abuse.
SMTC

Hot Stocks

08:19 EDT Semtech announces REYAX launch of new antenna transceiver module - Semtech Corporation announced that REYAX Technology has launched a new antenna transceiver module, the REYAX RYLR998 featuring Semtech's LoRa and has 868/915MHz frequency range. The REYAX RYLR998 uses a LoRa long range modem that provides ultra-long range spread spectrum communication and high interference immunity while minimizing current consumption. Per REYAX Technology, the solution can be deployed for a variety of use cases in smart homes, smart agriculture and even asset tracking by leveraging LoRa, the device can communicate with thousands of GPS trackers to transmit location data all without a cellular network.
BRAG IGT

Hot Stocks

08:19 EDT Bragg's Wild Streak strengthens game development collaboration with IGT - Wild Streak Gaming , a Bragg Gaming Group company (BRAG), has expanded its collaboration with International Game Technology (IGT) with an agreement to develop four exclusive land-based slot titles for the leading gaming technology supplier. The agreement is an extension of a successful relationship between the two parties, with the most recent extension for four titles occurring in August of 2021. Wild Streak has produced multiple strong slot titles for IGT including Wolf Run Gold along with the latest solid performers Queenie and Dreamy Genie. The next Wild Streak developed title to be released by IGT in Q2 2022 is Greek/Lucky Lightning, a unique game with two variations depending on how many credits are played on each spin. Las Vegas-based content creation studio Wild Streak Gaming was acquired by Bragg Gaming Group in June last year and offers a popular portfolio of casino games that are offered by land-based, online and social casino operators in global markets including in North America and Europe. Doug Fallon, Managing Director of Group Content at Bragg Gaming Group and Founder of Wild Streak, said: "We have enjoyed a productive and long-standing collaboration with IGT and are delighted to expand our relationship with them for the development of an additional four titles for their land-based slot operations."
STGYF

Hot Stocks

08:19 EDT Stingray Group says Metro Inc joins retail media network - Stingray Group announced that METRO Inc. has joined the Stingray Retail Media Network. Under the agreement, Stingray will be responsible for exclusive sales representation of all in-store digital audio advertising within approximately 1,100 METRO network of food stores under several banners in Quebec and Ontario including Metro, Metro Plus, Super C and Food Basics, as well as drugstores primarily under Jean Coutu and Brunet, Metro Pharmacy and Food Basics Pharmacy banners.
TARA

Hot Stocks

08:19 EDT Protara Therapeutics presents results of retrospective analysis of OK-432 - Protara Therapeutics announced the results of a retrospective analysis of OK-432, the originator compound for TARA-002, Protara's investigational therapy in development for the treatment of lymphatic malformations, LMs. LMs are serious, rare, congenital malformations of lymphatic vessels. The results from the analysis, which were presented during a poster presentation at the International Society for the Study of Vascular Anomalies, ISSVA, World Congress 2022, showed that OK-432 was clinically successful and generally well-tolerated in the treatment of both macrocystic and mixed-cystic LMs. The retrospective analysis included 246 patients from a Phase 2 randomized study, and 275 patients from an open-label study. In the first study, patients were randomized 2:1 to receive treatment immediately or delayed by six months. In the open-label study, patients received four doses of OK-432 approximately six weeks apart. The primary efficacy endpoint was clinical success in the ITG versus spontaneous resolution of the LM in the DTG. Efficacy was assessed two weeks post-treatment in the randomized study, and one to six months post-treatment in the open-label study. Key findings are summarized below: Approximately 69% of patients in the randomized study ITG achieved clinical success after six months, while only 7.5% of patients in the DTG showed spontaneous resolution of LMs in the same time period. 73.1% of patients in the open-label study achieved clinical success. In the randomized and open-label studies, 10 of 219 and 5 of 275 subjects, respectively, were reported to have treatment emergent serious adverse events that were assessed by the investigator as related to study drug. The most severe adverse events were airway obstruction and facial paralysis due to swelling post-injection that required tracheostomy and hospitalization. Local/systemic reactions peaked in the first few days and resolved within two weeks. Patients were followed for up to three years post treatment with no significant safety concerns.
BNGO

Hot Stocks

08:18 EDT Bionano Genomics reports publication highlighting utility of OGM - Bionano Genomics announced the publication of an evaluation of OGM from The First Affiliated Hospital of Zhengzhou, the largest hospital in Central China, highlighting the utility of OGM for structural variant analysis, including in a workflow for preimplantation genetic testing. In this study, researchers, led by Dr. Xiangdong Kong, evaluated the use of OGM to detect chromosome balanced translocations and compared results to a variety of methods, including karyotype analysis, FISH, and CNV-seq. Balanced reciprocal translocations are one of the most common chromosomal abnormalities and may lead to infertility, recurrent pregnancy loss, or genetic defects. Analysis of this abnormality may be helpful in the screening and analysis of embryos prior to implantation, as part of fertility treatment. The paper suggests a need for new methods to complement existing analysis techniques, such as karyotype and FISH, which are described as time consuming and relatively low-resolution, and next generation sequencing which can enable copy number variation analyses at the whole genome level but cannot be used to detect chromosomal translocations or inversions. The authors demonstrated that OGM performed well in the analysis of these variants, which led them to suggest that OGM could be used as part of the workflow to detect chromosomal abnormalities at a higher resolution. "We believe this paper highlights the growing validation of OGM in different applications for clinical research in cytogenetics. The work by Dr. Kong and his team at Zhengzhou University further extends this validation and highlights the utility of OGM. Incorporating OGM data in the analysis of embryos prior to implantation is innovative and the approach could be part of a solution for recurrent pregnancy loss, which represents an area of unmet need globally," commented Erik Holmlin, PhD, president and chief executive officer of Bionano Genomics.
DIN

Hot Stocks

08:18 EDT Dine Brands increases quarterly dividend 11% to 51c per share - Dine Brands Global announced that its Board of Directors declared and approved an 11% increase in the quarterly cash dividend to $0.51 per share of common stock. The dividend will be payable on July 8, 2022, to the Company's stockholders of record at the close of business on June 20, 2022.
NGM

Hot Stocks

08:17 EDT NGM Biopharmaceuticals announces initiation of Phase 1/1b study of NGM438 - NGM Biopharmaceuticals announced it has initiated a Phase 1/1b clinical study of NGM438 for the treatment of patients with advanced solid tumors. With the initiation of this trial, all three of NGM Bio's wholly-owned myeloid checkpoint inhibition and reprogramming product candidates - NGM438, a LAIR1 antagonist antibody; NGM707, a dual ILT2/ILT4 antagonist antibody; and NGM831, an ILT3 antagonist antibody - are now in the clinic. "We're thrilled to now have three myeloid checkpoint inhibition programs in the clinic. NGM707, NGM831 and NGM438 are directed at distinct myeloid checkpoints, each of which is suspected of playing a central role in impeding anti-tumor immunity," said Hsiao D. Lieu, M.D., Chief Medical Officer at NGM Bio. "We look forward to the initial interim monotherapy topline data readout from the Phase 1a portion of our ongoing NGM707 Phase 1/2 trial in the second half of the year, the first of multiple anticipated data readouts from this portfolio in 2022 and 2023."
MORF

Hot Stocks

08:17 EDT Morphic names Bruce Rogers as president, Blaise Lippa as CSO - Morphic Therapeutic announced two key executive appointments. Dr. Bruce Rogers has been named President of Morphic Therapeutic and Dr. Blaise Lippa, has been named Chief Scientific Officer. Dr. Rogers previously served as Morphic's Chief Scientific Officer and Dr. Lippa served as Morphic's Senior Vice President and Head of Molecular Discovery.
PEAR

Hot Stocks

08:17 EDT Pear Therapeutics includes QuickMD in telehealth provider experience initiative - Pear Therapeutics announced the expansion of its program to offer patients seeking treatment for addiction access to a telehealth provider through its "find a provider tool", along with in-person care options. Pear's second telehealth offering in this program will offer eligible patients with opioid use disorder, who prefer a telemedicine solution, access to reSET-O through QuickMD, a telemedicine platform providing consultations and urgent care over phone and video. According to new data released by the U.S. Centers for Disease Control and Prevention, America's addiction crisis is the deadliest it has ever been with overdose deaths reaching an all-time high in 2021.1,2 Throughout the Covid-19 pandemic, telemedicine and PDTs have helped in providing patients with 24/7 access and care. The number of people who used telemedicine doubled from 39.4% to 79.5% in 2020.3 Innovative treatment options like reSET-O can help to address the ongoing opioid epidemic by reaching patients where they are and to reduce the stigma often associated with opioid addiction.
RDVT

Hot Stocks

08:16 EDT red violet's FOREWARN partners with BCSRMLS - FOREWARN, a red violet company, announced that Bryan College Station Regional MLS, BCSRMLS, has contracted to make FOREWARN services available for the 1,500+ REALTOR members it serves across Brazos, Burleson, Grimes, Leon, Madison, & Robertson Counties to promote proactive real estate agent safety. "We are very pleased to be providing this essential tool for the safety of our members," said Janna Burton, CEO of Bryan College Station Regional MLS. "Having the power of FOREWARN at their fingertips is a game changer for agents. It gives them the ability to verify the identity and potential risks associated with a prospect in seconds. It really is amazing, and we are thrilled to be helping our members to protect themselves well in advance of meeting with unknown prospects."
AEIS

Hot Stocks

08:15 EDT Advanced Energy launches OCP Open Rack version 3 compliant power shelf - Advanced Energy Industries launched its latest Open Compute Project Open Rack version 3 compliant high-density AC-DC power shelf with industry-leading power efficiency. Fully compatible with the latest ORv3 1OU 21" open rack standard, the Advanced Energy Artesyn power shelf supports the evolution to 48 V rack power architecture which minimizes power consumption and improves the reliability of compute and storage applications in hyperscale and enterprise data centers Offering 15 kW N+1 redundancy with peak efficiencies of over 97%, the new power shelf can be supplied with single or dual AC power inlets. It accommodates up to six 3 kW hot-swappable single-phase AC-DC power supplies and a removeable shelf controller. Each power supply can deliver a 50.5 V, 60 A output and accepts an input of 180 to 305 Vac. A narrow output voltage range eliminates oversized design and simplifies downstr
RMTI

Hot Stocks

08:15 EDT Rockwell Medical submits additional home infusion IND application data to FDA - Rockwell Medical provided the FDA with the supplemental data, requested by the agency in December 2021, for the company's pending Investigational New Drug application in support of a proposed Phase 2 clinical trial of Ferric Pyrophosphate Citrate - FPC - for the treatment of iron deficiency anemia and maintenance of hemoglobin in patients receiving infusion therapy in the home setting. The additional data relate to the physical, chemical and microbiological stability of FPC in support of the suggested method of administration in the Phase 2 protocol. The FDA has 30 days to review the additional data that have been submitted. In the event that the FDA has no further questions or requirements regarding the submission, the company would expect the trial to start shortly after the review period ends.
KSCP

Hot Stocks

08:15 EDT Knightscope signs first Las Vegas casino contract - Knightscope announced that it has signed its first Las Vegas casino client. A leading US-based operator of casinos and gaming facilities with more than three dozen locations across the country subscribed to its first Knightscope Autonomous Security Robot ASR to bolster its already robust security and surveillance program. Knightscope's K5 ASR will patrol the casino's parking lots and structures to deter criminal activity and help keep guests and their belongings safe. Casinos have proven to be an excellent use case for Knightscope's technologies due to the extraordinary amount of cash being handled, the number of out-of-town guests visiting with valuables locked in their rooms and cars, and the frequent demonstration of impaired judgment from consuming alcohol. Knightscope is excited to now be a part of such an historically significant city and destination.
CXM TWLO

Hot Stocks

08:14 EDT Sprinklr enters partnership with Twilio for contact center - Sprinklr announced a new partnership with Twilio. By integrating Twilio voice and SMS technology with Sprinklr Modern Care, Sprinklr customers can now create the next generation of contact center - a comprehensive, cloud-based platform for true omnichannel customer care. Modern enterprises understand the need to unify contact center, customer care, and customer experience functions. Twilio provides best-in-class communications platform as a service infrastructure, while Sprinklr Modern Care delivers an out-of-the-box, AI-powered contact center as a service application layer built on the world's only Unified-CXM platform.
LIAN

Hot Stocks

08:14 EDT LianBio sees cash runway extending through mid-2024
AGYS

Hot Stocks

08:13 EDT Agilysys names Terrie O'Hanlon as CMO - Agilysys announced that it has hired Terrie O'Hanlon as its chief marketing officer CMO . In this newly created role, O'Hanlon will focus on amplifying the technology leader's global market presence and driving revenue growth through global marketing initiatives.
CADL

Hot Stocks

08:11 EDT Candel Therapeutics sees cash funding operations into 4Q23
TPR

Hot Stocks

08:11 EDT Tapestry sees FY22 gross margin down vs. prior year - FY22 gross margin inclusive of 260 bps of headwinds from higher freight costs. Sees FY22 operating margin decline of over 70 bps vs. prior year. Sees FY22 tax rate about 18%. Comments taken from investor presentation slides for Q3.
EBTX

Hot Stocks

08:10 EDT Encore Bancshares sees cash funding operations into 4Q22
MNPR

Hot Stocks

08:08 EDT Monopar Therapeutics plans to raise additional funds within next 12 months - Cash and cash equivalents as of March 31, 2022 were $17.8M. Monopar anticipates that its current cash and cash equivalents will fund: the Phase 2b portion of the VOICE clinical trial; the commencement of the Phase 3 portion of the VOICE clinical trial; and the Phase 1b camsirubicin clinical trial through at least June 2023. The company plans to raise additional funds and/or engage a partner within the next 12 months to complete the VOICE clinical program and continue camsirubicin clinical development through and beyond the ongoing open-label, dose escalation Phase 1b clinical trial.
HALO ATRS

Hot Stocks

08:07 EDT Halozyme's acquisition of Antares Pharma completes HSR waiting period - Halozyme (HALO) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, applicable to Halozyme's proposed acquisition of Antares Pharma (ATRS), has expired. On April 26, Halozyme commenced a tender offer to purchase all outstanding shares of common stock of Antares for $5.60 per share in cash, without interest thereon and net of any applicable withholding taxes. As a result of the expiration of the waiting period under the HSR Act, the condition to the Offer relating to the expiration or termination of the waiting period under the HSR Act has been satisfied. The Offer is scheduled to expire at one minute past 11:59 p.m. Eastern Time, on May 23, unless extended.
INDP

Hot Stocks

08:07 EDT Indaptus Therapeutics reports submission of IND for Decoy20 - Indaptus announces the submission of its Investigational New Drug Application for Decoy20. The company continues to expect to initiate a Phase 1 clinical trial for Decoy20 targeting solid tumors in 2022. Importantly, the company has successfully completed GMP manufacturing and IND-enabling multi-dose toxicology studies that have not produced sustained induction of factors associated with cytokine release syndromes. Earlier pre-clinical data have demonstrated Decoy20's ability to eradicate established tumors in a murine model of hepatocellular carcinoma in combination with either a non-steroidal anti-inflammatory drug or an anti-PD-1 agent, and more efficiently with both. In combination with low-dose chemotherapy, Decoy candidates have also produced highly efficient eradication of established tumors in a mouse model of non-Hodgkin's lymphoma, also with induction of immunological memory.
UPH

Hot Stocks

08:06 EDT UpHealth names Samuel Meckey as new CEO - UpHealth announces Samuel Meckey will join UpHealth as CEO in July. The appointment was announced by Dr. Avi Katz, Co-Chairman of the company's Board of Directors. Meckey was most recently Executive Vice President and Head of Healthcare at EXLService Holdings, a data analytics, digital operations, technology and solutions company.
LPCN

Hot Stocks

08:05 EDT Lipocine's LPCN 1144 shows positive safety results in NASH extension study - Lipocine announced positive topline results from its Open Label Extension study, OLE. LPCN 1144 comprises an orally delivered prodrug of testosterone. Twenty-five subjects were enrolled, twenty-three completed the study. LPCN 1144 was well tolerated over 72-week exposure with no observed safety signals. There were no reported cases of cardiovascular events, thromboembolic events, hepatocellular carcinoma, or drug induced liver injury. Weight change from baseline was minimal and comparable to the LiFT results. Liver injury markers were reduced significantly and maintained with extended LPCN 1144 treatment. Further, subjects exposed to 72-weeks of LPCN 1144 treatment maintained the mean liver injury marker reductions. Observed improvements in liver histology support further development. Utilizing NASH CRN scoring, in the limited number of biopsies LPCN 1144 treatment showed improved efficacy upon extended treatment, and treatment post 36-week placebo run-in demonstrated efficacy consistent with the LiFT study results.
BYRN

Hot Stocks

08:04 EDT Byrna Technologies selects OIH as South African distribution partner - "Byrna Technologies is pleased to announce that we have selected Outdoor Investment Holdings as our exclusive distribution partner for the South African consumer and dealer markets." Under the terms of the distribution agreement, OIH has committed to purchasing a minimum of 15,000 Byrna launchers along with associated ammo and accessories over the next twelve months and 18,500 launchers in the subsequent twelve-month period. To ensure adequate stock for their customers, OIH, through its distribution subsidiaries, Formalito and Inyathi, has placed an initial stocking order for 6,000 Byrna launchers and associated ammo and accessories.
GS

Hot Stocks

08:03 EDT Mahmee raises $9.2M Series A led by Goldman Sachs Asset Management - Mahmee announced the closing of a $9.2 million Series A round led by the Growth Equity Business within Goldman Sachs Asset Management. The round also features participation from existing investors including Revolution's Rise of the Rest Seed Fund, Muse Capital, Backstage Capital, The Helm, and Pipeline Angels. As part of the round, Anna Mason, Managing Partner at Revolution's Rise of the Rest Seed Fund, will join Mahmee's board of directors. New investors include Episcopal Health Foundation of Texas, Third Culture Capital, Black Pearl Investment Group, She Raises Capital, and Lawrence Platt, MD, pioneering board certified obstetrician-gynecologist and maternal-fetal medicine specialist and member of Mahmee's clinical advisory committee.
PCRX

Hot Stocks

08:02 EDT Pacira not providing 2022 financial guidance at this time - The company is not providing 2022 financial guidance at this time given the continued uncertainty around COVID-19 and the pace of recovery for the elective surgery market. To provide greater transparency, the company is reporting monthly intra-quarter unaudited net product sales for EXPAREL and iovera until it has gained enough visibility around the impacts of COVID-19.
AHKSY

Hot Stocks

08:02 EDT Asahi Kasei to start providing carbon footprint data for rubber, elastomers - Asahi Kasei has developed a system to calculate the carbon footprint of products for the synthetic rubber and elastomers products Asadene, Tufdene, Asaprene, Tufprene, Asaflex, Tuftec, and S.O.E with CFP data provision to customers scheduled to begin in June 2022. CFP visualization is achieved utilizing the DEEP3 group-wide management infrastructure as a part of the System, which also enables examination of ways to further reduce CFP. The Asahi Kasei Group made efforts to strengthen the business platform for sustainable growth from the viewpoint of Green, Digital, and People in its previous medium-term management plan, Cs+ for Tomorrow 2021. In its new medium-term management plan, announced on April 11, 2022, Green Transformation is positioned as one of the key areas for strengthening the management foundation, and Asahi Kasei is advancing reductions of its own GHG emissions as well as contributions to reducing the world's GHG emissions for the realization of carbon neutrality. Therefore, from the perspective of GHG emissions reduction, Asahi Kasei has sequentially advanced the calculation of CFP for each product starting with the main products, and information provision to certain customers has begun. As part of the effort to accelerate Green Transformation, Asahi Kasei has begun procuring butadiene derived from plastic waste and biomass as feedstock for solution-polymerized styrene-butadiene rubber, a material for eco-friendly tires4.
RMTI

Hot Stocks

08:02 EDT Rockwell Medical announces 1-for-11 reverse stock split - Rockwell Medical announced that its Board of Directors has approved a 1-for-11 reverse split of the company's issued and outstanding common stock. The Reverse Stock Split will become effective at 12:01 a.m. Eastern Time on May 13. Rockwell Medical's common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis on May 13. The company's common stock will continue to trade under the symbol "RMTI."
PCRX

Hot Stocks

08:02 EDT Pacira reports preliminary April net product sales for Exparel, iovera of $45.8M - Pacira BioSciences reported preliminary unaudited net product sales for EXPAREL and iovera for the month of April 2022. EXPAREL net product sales were $44.8 million, compared with $43.1 million for April 2021. EXPAREL average daily sales for the month of April 2022 were 109 percent of April 2021. The company reports average daily growth rates for EXPAREL to account for differences in the number of selling days per reporting period. The number of EXPAREL selling days were 21 in April 2022 and 22 in April 2021. Net product sales of iovera degrees were $1.1 million for the month of April 2022, compared with $1.5 million for April 2021. "We are pleased to report solid EXPAREL growth as we support the market transition to outpatient sites of care, with utilization expanding and significantly outperforming the elective surgery market amidst pockets of persistent operating disruptions and healthcare labor shortages," said Dave Stack, chairman and chief executive officer of Pacira BioSciences. "ZILRETTA and iovera degrees are gaining traction and we expect improving sales trends for both products as the year progresses and we build awareness around their value as both complementary and standalone non-opioid solutions for managing osteoarthritis. Importantly, we continue to execute from a position of financial strength having recently reported adjusted EBITDA of $53.8 million in the first quarter of 2022 and having ended the first quarter with a significant cash position. As such, we remain highly confident in our outlook for robust revenue and earnings growth as we cement our leadership position and deliver patients innovative, non-opioid solutions along the neural pain pathway."
MNTS

Hot Stocks

07:58 EDT Momentus completes integration of Vigoride on SpaceX Falcon 9 - Momentus announced that it has completed the integration of its Vigoride Orbital Transfer Vehicle and customer payloads on the SpaceX Falcon 9 launch vehicle that will be used for the Transporter-5 mission targeted for launch this month. Momentus recently announced that it has received all the government licenses and approvals from the Federal Aviation Administration, Federal Communications Commission, and the National Oceanic and Atmospheric Administration required for its inaugural launch.
AMRC

Hot Stocks

07:50 EDT Ameresco in supply pact with Powin for 2,500 MWh of BESS - Ameresco announced that they have signed a long term non-exclusive purchasing framework agreement for Powin to supply Ameresco with 2,500 MWh of its modular BESS Stack750 product as part of its Centipede hardware platform. The long-term purchase agreement is intended to supply a portion of Ameresco's BESS needs through mid-2025 and be utilized in Ameresco's project and asset installations for a wide array of customers ranging from small municipal utilities to large Federal projects. Ameresco chose Powin's system because the modular design of the Stack750 product is well suited for a variety of Ameresco's customer needs and requires decreased lead time to deploy, reduced space on-site, and a lower overall capital cost. "Building on our experience with BESS projects across the globe, we are excited to agree to this supply to help meet our growing demand for battery energy storage technologies as a part of our comprehensive customer solution set," said Doran Hole, EVP and Chief Financial Officer, Ameresco. "As costs have declined and the technology matured, battery storage has rapidly become a go to clean energy technology. Whether as a standalone system or as part of an integrated solar or microgrid solution, BESS have become an integral technology for customers looking to increase energy resiliency and reliability. This agreement is designed to bolster our BESS availability with a high quality, flexible product and offer advantageous equipment delivery timelines to support our growing base of customers throughout our various vertical markets."
DPRO

Hot Stocks

07:49 EDT Draganfly drones to deliver NuGen's injection devices, insulin in Ukraine - Draganfly announced that the company has been selected by NuGen Medical Devices to help provide drones and services for the delivery of NuGen M.D.'s InsuJet needle-free injection devices, insulin, and other crucial medical supplies to affected areas in Ukraine.
WRK

Hot Stocks

07:49 EDT WestRock publishes 2021 sustainability report - WestRock announced the publication of WestRock's 2021 Sustainability Report, detailing the comprehensive efforts the company is making for, and with, customers to imagine and deliver on the promise of a sustainable future. The report reveals validation of WestRock's greenhouse gas emissions reduction target by the Science Based Targets Initiative alongside its refreshed sustainability goals. The report advances WestRock's sustainability strategy, emphasizing the key environmental, social and governance components of its core pillars: Supporting People and Communities: Serving the people we rely on and those who rely on us. Striving for a 100% safe culture by driving continuous improvement to reduce risk in the workplace and by supporting our teammates' well-being; Investing in programs and systems to advance our leadership in diversity, inclusion and belonging for our teammates, customers, industry and communities. Bettering the Planet: Championing sustainable forestry and protecting the environment. A science-based target to reduce: Absolute Scope 1 and Scope 2 GHG emissions by 27.5% by 2030 from a 2019 base year; Absolute Scope 3 GHG emissions from purchased goods and services, fuel and energy activities, upstream and downstream transportation and distribution, and end of life treatment of sold products by 27.5% by 2030 from a 2019 base year. Promoting sustainable forestry and seeking to ensure forests where we operate remain forest positive by: Sourcing 100% of virgin fiber from responsibly managed forests; Investing in the future of sustainable forestry by supporting certification of 1.5 million acres of forestland to recognized forest management standards by FY30; Innovating for Our Customers and Their Customers: Innovating to achieve a more circular economy. By 2025, 100% of WestRock's products will be recyclable, compostable or reusable, driving the transition to a more circular economy through cutting edge innovation
FTRP

Hot Stocks

07:47 EDT Field Trip Health announces collaboration with Nue Life - Field Trip Health and Nue Life Health announced the launch of Field Trip at Home Powered by Nue Life, which provides ketamine treatments from the comfort of a person's home. Through this arrangement, Field Trip said it now offers increased accessibility and convenience "for those interested in pursuing the powerful treatment outcomes of ketamine therapy outside of a clinic setting through Nue Life's at-home and telehealth offerings."
OFSTF

Hot Stocks

07:47 EDT Carbon Streaming announces first biochar carbon stream - Carbon Streaming Corporation is pleased to announce that it has entered into a carbon credit streaming agreement with a subsidiary of Restoration Bioproducts to support construction of a biochar production facility in Virginia. Biochar, short for biological charcoal, is produced by heating organic feedstocks in a limited oxygen atmosphere, resulting in a very stable form of carbon that prevents the release of greenhouse gases into the atmosphere for centuries, making it valuable for sequestration purposes. CO2 Removal Certificates are expected to be verified under independent standard Puro.earth, the leading standard for Biochar projects. Investment Highlights: This is the Company's first carbon stream on a biochar carbon removals project, providing diversification across a new project type. This is the Company's first carbon stream located in the United States, furthering geographic diversification. Carbon Streaming will receive and sell 100% of the CORCs generated by the Project, with ongoing payments to Restoration Bioproducts for each CORC sold under the Stream Agreement. The Project is expected to remove over 161,000 tonnes of CO2 equivalent emissions over the 25-year project life and generate an equivalent number of CORCs. CORCs from other Puro.earth projects are currently selling above US$125/CORC as of April 2022. With the signing of the Stream Agreement, Carbon Streaming is making an initial upfront cash investment of US$0.6 million, with additional milestone payments of US$0.75 million to be paid over the term of the Stream Agreement. Impact Highlights: The Project is expected to reduce biomass waste and prevent the associated release of carbon dioxide and methane emissions into the atmosphere equivalent to an estimated 6,500 tCO2e per year. It is anticipated that the majority of biochar generated by the Project will be used in agricultural applications to deliver soil enhancement through increased water and nutrient retention and ammonia reduction. The production process generates clean energy that reduces reliance on traditional lower efficiency sources and offers cost savings that contribute to increased community employment. The Project is expected to be a significant employer in the local community. Closing of the Stream Agreement is subject to customary conditions with closing anticipated to occur within a week.
WVE

Hot Stocks

07:46 EDT Wave Life Sciences expects cash to fund operations into Q2 of 2023 - As of March 31, 2022, Wave had $111.7 million in cash, cash equivalents and short-term investments. As of December 31, 2021, Wave had $150.6 million in cash and cash equivalents. This decrease was mainly due to Wave's year-to-date net loss of $37.8 million. Wave expects that its existing cash, cash equivalents and short-term investments will enable the company to fund its operating and capital expenditure requirements into the second quarter of 2023.
WVE

Hot Stocks

07:46 EDT Wave Life Sciences announces anticipated 2022 milestones - WVE-004 for C9-ALS and C9-FTD: Additional single and multidose clinical data for WVE-004 expected throughout 2022. Wave expects to use these data to optimize WVE-004 dose level and frequency, as well as to enable discussions with regulatory authorities regarding the next phase of development later in 2022. Planning underway to initiate an open-label extension clinical trial in mid-2022. WVE-003 for HD: Clinical data expected in 2022 for WVE-003 to provide further insight into the clinical effects of PN chemistry and enable decision-making for this program. WVE-N531 for DMD: Clinical data, including muscle biopsies, expected in 2022 for WVE-N531 to provide further insight into the clinical effects of PN chemistry and enable decision-making for this program. AIMer GalNAc-conjugated program for AATD: Wave expects to select an AATD AIMer development candidate and initiate IND-enabling toxicology studies in the third quarter of 2022.
MRMD RBBN

Hot Stocks

07:45 EDT Marimed names Jon Levine as chief administration officer, Susan Villare as CFO - MariMed (MRMD) announced the appointment of Jon Levine to the new role of Chief Administration Officer and the appointment of Susan Villare to CFO, effective May 12, 2022. Levine co-founded MariMed with CEO Bob Fireman. Most recently, Villare was the Senior Vice President of Financial Planning and Analysis and Treasurer for Ribbon Communications (RBBN).
ACHR

Hot Stocks

07:44 EDT Archer Aviation sees Q2 GAAP total operating expenses $80M-$86M - Non-GAAP total operating expenses of $47 million to $53 million; This reflects expected stock-based compensation, warrant expense and other one time expenses of approximately $33 million.
MSSTF

Hot Stocks

07:43 EDT Mindset Pharma progresses plans for trials of MSP-1014 - Mindset Pharma announced that it is making headway in progressing its Family 1 lead clinical candidate, MSP-1014, towards clinical trials. Recently, the Company engaged a UK-based Contract Research Organization, Clerkenwell Health, to prepare for an initial scientific meeting with regulators to discuss the company's initial plans for clinical development. MSP-1014, Mindset's Family 1 lead candidate, in preclinical studies demonstrated an improved efficacy, with reduced potential side effects, and safety profile compared to first-generation drug candidate psilocybin. Given its improved pharmacological profile in preclinical models, Mindset has prioritized moving MSP-1014 to first in human (FIH) studies to confirm human safety, pharmacokinetic profiles and the effective human dose range. If MSP-1014 data translates, Mindset will have one of the first novel psychedelic drugs in human clinical trials with the potential to treat mood disorders, including major depressive disorder, substance misuse disorders and end-of-life angst associated with terminal illnesses, including cancer. The Company is in the process of manufacturing 1kg of pharmaceutical grade product to move into IND-enabling studies and subsequent human clinical trials as early as 2023.
BBIO BMY

Hot Stocks

07:42 EDT BridgeBio announces license agreement with Bristol-Myers for BBP-398 - BridgeBio Pharma (BBIO) announced an exclusive license with Bristol Myers Squibb (BMY) to develop and commercialize BBP-398, a potentially best-in-class SHP2 inhibitor, in oncology. Under the terms of the agreement, BridgeBio will receive an upfront payment of $90M, up to $815M in development, regulatory and sales milestone payments, and tiered royalties in the low- to mid-teens. BridgeBio will retain the option to acquire higher royalties in the United States in connection with funding a portion of development costs upon the initiation of registrational studies. Based on the terms of the agreement, BridgeBio will continue to lead its ongoing Phase 1 monotherapy and combination therapy trials. Bristol Myers Squibb will lead and fund all other development and commercial activities. "We are grateful to be expanding our collaboration with Bristol Myers Squibb, a leader in oncology, and we believe this agreement will allow us to reach even more patients with difficult-to-treat cancers. We believe our SHP2 inhibitor has the potential to be a best-in-class agent given the data we have seen, and we are eager to see our monotherapy and combination trials progress in collaboration with our partners at Bristol Myers Squibb," said Neil Kumar, Ph.D., founder and CEO of BridgeBio.
BABYF

Hot Stocks

07:41 EDT Else Nutrition products launched in Lassens stores - Else Nutrition announces that it has received approval for its novel Plant-Based Complete Nutrition for Toddlers & Kids to be listed at Lassens Natural Food & Vitamins stores and will be available sometime in May at all 11 retail outlets.
NFYEF

Hot Stocks

07:39 EDT NFI Group unit receives order from MTD for 9 battery electric buses - NFI Group announced that its subsidiary New Flyer of America Inc. has received two new contracts from Santa Barbara Metropolitan Transit District for a total of nine battery-electric, zero-emission Xcelsior CHARGE forty-foot heavy-duty transit buses. "Today, MTD joins ten California transit agencies in choosing battery-electric buses from New Flyer to power their transition to zero-emission mobility," said Chris Stoddart, President, North American Bus and Coach, NFI. "Built on the proven Xcelsior platform, our battery-electric buses deliver immediate clean air benefits by reducing up to 160 tons of greenhouse gas emissions per year. Together with MTD, we are mitigating climate change and building more sustainable communities in California."
KHTRF

Hot Stocks

07:39 EDT Knight, Helsinn enter license agreement for Akynzeo, Aloxi - Knight Therapeutics and Helsinn Healthcare announced that Knight, through one of its wholly-owned subsidiaries, and Helsinn have entered into an exclusive license, distribution and supply agreement for AKYNZEO oral/IV in Canada, Brazil, Argentina, Uruguay and Paraguay, and ALOXI oral/IV in Canada. According to IQVIA, sales of AKYNZEO in Canada and Brazil were approximately $7M in 2021. Under the terms of the agreement, Knight shall have the exclusive right to distribute, promote, market and sell the Products in the licensed territories. Knight will begin commercial activities following a transition period from Helsinn's current licensees. "We are very excited to enter into this agreement with Helsinn for AKYNZEO in Canada, Brazil and other selected Latin American countries, and ALOXI in Canada," said Samira Sakhia, President and CEO of Knight. "These products are highly synergistic with our oncology portfolio and commercial footprint, and we look forward to widening access to these therapies in our target markets. AKYNZEO and ALOXI are leading, guideline-recommended antiemetics that help to prevent one of the most common side effects of chemotherapy."
TMDI

Hot Stocks

07:38 EDT Titan Medical reports cash, cash equivalents of $30.1M as of March 31 - "The entire team is focused on driving performance and progress supporting our IDE application submission milestone. We are also starting to prepare for the forthcoming commercialization of the Enos single-access RAS platform for gynecological surgery, our initial target indication for use," stated Paul Cataford, Interim President, CEO and Board Chair. "We are working closely with Benchmark on the capital equipment build of six Enos systems and have expanded our team and capability for our in-house production of instruments and cameras at our Chapel Hill facility. These capital units, instruments and cameras will go into validation and verification testing in late summer," concluded Mr. Cataford. The company remains on track with the De Novo regulatory process for marketing authorization with the U.S. Food and Drug Administration. Utilizing the Q-Submission Program, the company has engaged in ongoing dialogue with the FDA clarifying requirements in an effort to mitigate against timeline risks. The company plans to file the IDE application with the FDA in the first quarter of 2023 and anticipates receiving a response on the IDE from the FDA in the first half of 2023. Following IDE approval, Titan expects the IDE clinical study to proceed and be completed in time for submission of a De Novo classification request in 2024. Commercial launch of the Enos system is scheduled to begin upon receipt of marketing authorization from the FDA, anticipated in early 2025.
KSLLF

Hot Stocks

07:38 EDT Kalera appoints James Leighton as president and CEO - Kalera announced that it has named James Leighton as President and CEO. Leighton most recently served as CEO for Ingham's Enterprise.
TLRY

Hot Stocks

07:37 EDT Tilray announces expansion of Good Supply's cannabis portfolio - Tilray Brands announced the expansion of Good Supply's cannabis portfolio with the launch of new high-potency products including liquid wax vapes and exclusive new flower strains that will be available in select markets across Canada.
IFRX

Hot Stocks

07:36 EDT InflaRx sees sufficient funds for operations 'well into' 2H24
MITO

Hot Stocks

07:34 EDT Stealth Biotherapeutics granted FDA orphan designation for elamipretide - Stealth BioTherapeutics announced that the U.S. FDA Office of Orphan Products Development has granted Orphan Drug Designation to elamipretide for the treatment of patients with Duchenne muscular dystrophy. The company also announced that the FDA's Division of Neurology I has granted its request for a pre-IND meeting to discuss a development path for elamipretide in combination with products within the approved therapeutic class of exon-skipping phosphorodiamidate morpholino oligomers. The company has previously presented data demonstrating that administration of elamipretide in combination with a PMO significantly improves dystrophin expression levels in the X-linked muscular dystrophy mouse model. The company also previously conducted a pre-IND meeting with the FDA's Division of Cardiology and Nephrology during which it aligned on a potential development path for elamipretide for cardiomyopathy associated with DMD.
MLTX

Hot Stocks

07:33 EDT MoonLake Immunotherapeutics starts Phase 2 Nanobody Sonelokimab trial - MoonLake Immunotherapeutics announced that the first patient has been randomized and dosed, in a U.S. site, in its global Phase 2 clinical trial evaluating sonelokimab, an investigational Nanobody designed to treat inflammatory disease, in patients with moderate-to-severe hidradenitis suppurativa. The MIRA trial is a global, randomized, double-blind, placebo-controlled trial to evaluate the efficacy and safety of different doses of sonelokimab, compared with placebo, with adalimumab as an active control reference arm, in over 200 patients with HS. This trial represents a landmark milestone in HS clinical development as it is the first to use Hidradenitis Suppurativa Clinical Response 75 as its primary endpoint. HiSCR75 is defined as a greater than or equal to75% reduction in total abscess and inflammatory nodule count with no increase in abscess or draining tunnel count relative to baseline. Using an at least 75% improvement of HiSCR as the primary endpoint reflects MoonLake's goal to revolutionize patient outcomes by seeking a greater reduction in disease markers than is typically tested in clinical trials.
DBTX

Hot Stocks

07:33 EDT Decibel Therapeutics expects cash to fund operations into 2024 - Based on its current operating and development plans, Decibel believes that its existing cash, cash equivalents and available-for-sale securities will fund its pipeline programs and operating expenses into 2024.
SPTN

Hot Stocks

07:33 EDT SpartanNash announces long-term financial targets - The Company also announced new long-term financial targets it expects to achieve by fiscal 2025. These include growing: Net sales to more than $10 billion, an increase of at least 12% from net sales in fiscal 2021. Adjusted EBITDA to more than $300 million, an increase of at least 40% from adjusted EBITDA in fiscal 2021. Adjusted EBITDA margin to 3% of net sales, an increase of 20% from adjusted EBITDA margin in fiscal 2021.
KELYA

Hot Stocks

07:33 EDT Kelly Services raises quarterly dividend 50% to 7.5c per share - On May 10, its board of directors declared an increased dividend of 7.5c per share. The dividend is payable June 9 to shareholders of record as of the close of business on May 26, and represents a 50% increase. Commenting on the dividend increase, CEO Quigley said, "We are pleased that our improving operating results and strategic progress have given us the ability to return our dividend back to pre-pandemic levels and enhance shareholder value."
LVTX

Hot Stocks

07:32 EDT Lava Therapeutics announces IND clearance for LAVA-051 - LAVA Therapeutics N.V. announced that the U.S. Food and Drug Administration has cleared its investigational new drug application for LAVA-051, the Company's lead product candidate for the treatment of relapsed or refractory chronic lymphocytic leukemia, multiple myeloma and acute myeloid leukemia."FDA clearance of our IND application for LAVA-051 marks the second IND for LAVA and enables us to expand patient enrollment into the U.S. for our ongoing Phase 1/2a clinical trial," said Stephen Hurly, president and chief executive officer of LAVA Therapeutics. "Supported by encouraging preclinical and preliminary clinical data, we believe in the potential of LAVA-051 to address unmet patient needs. We look forward to providing updates at the 2022 ASCO Annual Meeting, where we will present additional interim data from the dose-escalation phase of this trial." The Phase 1/2a clinical trial currently includes patients with relapsed or refractory CLL and MM. AML patients will be included later in the study. In October 2021, the FDA granted Orphan Drug Designation for LAVA-051 for the treatment of CLL.
MDWD

Hot Stocks

07:32 EDT MediWound announces results from US Phase 2 trial of EscharEx - MediWound announced positive results from its U.S. Phase 2 clinical study of EscharEx for the debridement of venous leg ulcers, VLUs. The study met its primary endpoint, its key secondary endpoints with high degree of statistical significance, as well as its wound closure safety measurements. MediWound anticipates meeting with the U.S. Food and Drug Administration, FDA, in the second half of 2022, for an End-of-Phase 2 meeting to discuss study results and a potential Phase 3 pivotal plan for EscharEx. U.S. key opinion leaders will join MediWound management in its coming earning call on May 17 at 8:30am EDT to discuss the data. The study met its primary endpoint with a high degree of statistical significance, demonstrating that patients treated with EscharEx had a statistically significant higher incidence of complete debridement during the 14-day measurement period within up to 8 applications compared to gel vehicle vs. gel vehicle: 30%. EscharEx efficacy superiority remained statistically significant compared to gel vehicle after adjusting for pre-specified covariates ascribed to patient baseline characteristics, wound size, wound age and regions. The study met key secondary and exploratory endpoints. Patients treated with EscharEx had a statistically significant higher incidence of complete debridement, during the same 14-day measurement period, compared to patients treated by non-surgical standard-of-care and the time to achieve complete debridement was significantly shorter. Estimated median time to complete debridement, was 9 days for patients treated with EscharEx and 59 days for patients treated with NSSOC. On average, complete debridement was achieved after 3.6 applications of EscharEx compared to 12.8 applications with NSSOC. Patients treated with EscharEx demonstrated significantly higher incidence of at least 75% granulation tissue at the end of the treatment period compared to gel vehicle. Favorable trends were observed in wound area reduction and reduction of pain compared to gel vehicle. In addition, the study showed that EscharEx was safe and well tolerated, and the overall safety was comparable between the arms as assessed by the data safety monitoring board. Importantly, there were no observed deleterious effects on wound closure and no material differences in reported adverse events.
LHDX

Hot Stocks

07:32 EDT Lucira Health files for authorization of Covid-19 & flu at-home molecular test - Lucira Health announced that it has submitted a request to the U.S. Food and Drug Administration for emergency use authorization for its COVID-19 & Flu test. The request is for prescription at-home use of the PCR-quality test for those with suspected COVID-19 or Influenza. Lucira is seeking FDA authorization before this upcoming fall and winter, when SARS-CoV-2 and influenza viruses are likely to co-circulate.
BG

Hot Stocks

07:30 EDT Bunge boosts quarterly dividend 19% to 62.5c per share - Bunge Limited announced that its Board of Directors has declared a10c, or 19%, increase in the regular quarterly cash dividend to 62.5c per common share. The dividend is payable on September 2 to shareholders of record on August 19.
DTIL

Hot Stocks

07:29 EDT Precision BioSciences announces grant of inducement awards under Nasdaq rule - Precision BioSciences announced that, on May 6, 2022, the Compensation Committee of Precision's Board of Directors approved the grant of inducement awards to new employees under the Precision BioSciences, Inc. 2021 Employment Inducement Incentive Award Plan. The inducement awards consist of options to purchase an aggregate of 401,905 shares of Precision's common stock, par value $0.000005, which stock options were granted among four employees who commenced employment on March 14, 2022. Each of the stock options were granted under Nasdaq Listing Rule 5635(c)(4) as an inducement for the employees to commence service with Precision. The stock options have a per share exercise price equal to the fair market value of Precision's Common Stock on the grant date, which was equal to $1.94. Each of the stock options has a 10-year term and vests as to 25% of the award on the first anniversary of the date of the commencement of their employment and, as to the remaining 75%, in substantially equal quarterly installments over the three years thereafter.
CYXT SIFY

Hot Stocks

07:27 EDT Cyxtera Technologies expands to India via partnership with Sify Technologies - Cyxtera (CYXT) announced it will begin offering colocation solutions in India through a strategic partnership with Sify Technologies (SIFY). Cyxtera can now provide colocation services to customers in five additional markets in one of the most important and fastest growing global economies. As part of the partnership, Sify will also resell Cyxtera's full suite of solutions across markets in North America, Europe, and Asia Pacific to its more than 10,000 customers. Cyxtera customers will now be able to leverage infrastructure solutions for their hybrid IT needs in Sify's carrier-neutral facilities in Mumbai, Noida, Chennai, Hyderabad, and Kolkata. As an official Cyxtera Channel Partner, Sify will be able to resell all Cyxtera services across the company's footprint in North America, Europe, and APAC. Sify customers will now have access to Cyxtera's colocation and interconnection solutions across more than 20 top-tier global markets, as well as the company's Enterprise Bare Metal and SmartCabs offerings. These customers will also have access to Cyxtera's intelligently automated, deeply connected data center fabric - the Digital Exchange - that allows companies to deploy every piece of their IT infrastructure on-demand and provides the foundation they need to modernize their operations to compete in today's digital world.
FLGC

Hot Stocks

07:27 EDT Flora Growth establishes on-the-ground presence in UK and EU - Flora Growth announced that the Company is expanding its operational footprint in Europe and the United Kingdom, furthering its international growth strategy. The London-based offices will serve as the regional headquarters for its sales force and management of its distribution centers in the UK and Netherlands. The expansion signals an assertive push to broaden the reach for JustCBD's 79 products registered with UK Novel Foods and paves the way for meaningful distribution of Flora's house of brands. In addition, Flora bolsters its strategic positioning in the region by partnering with Hoshi to distribute thCompany's broader product portfolio to 11 countries, including Germany, Portugal, the UK, Italy, Poland, the Czech Republic, Denmark, the Netherlands, Switzerland, Malta, and Macedonia. "Establishing our roots in the UK and EU will not only afford us opportunities to increase our distribution and grow market share, but it will generate actionable market insights for our team to continue to innovate and deliver the most compelling experiences we can," said Luis Merchan, President and CEO of Flora. "The latest global expansion highlights our commitment to driving exponential growth and scale."
OPTN

Hot Stocks

07:26 EDT Optinose sees FY XHANCE net revenues at least $90M - The company expects XHANCE net revenues for the full year of 2022 to be at least $90 million. In addition, the company expects full year 2022 XHANCE average net revenue per prescription to be at least $220. Previously the company expected full year 2022 XHANCE average net revenue per prescription to be at least $210. The company expects total GAAP operating expenses for 2022 to be in the range of $135 - $140 million, of which the company expects stock-based compensation to be approximately $10 million. The company expects top-line results from ReOpen2, the second its two clinical trials evaluating XHANCE as a potential treatment for chronic sinusitis, in June 2022.
VIGL

Hot Stocks

07:25 EDT Vigil Neuroscience sees cash, equivalents funding operational plans into 2024
VIGL

Hot Stocks

07:25 EDT Vigil Neuroscience on track to report VGL101 Phase 1 data in 2H - The Company is on track to report VGL101 Phase 1 topline data and initiate a Phase 2 proof-of-concept trial in ALSP patients in the second half of 2022: Vigil completed dosing of the 20 mg/kg single ascending dose cohort without any safety signals and is currently dosing the 20 mg/kg multiple ascending dose cohort in its Phase 1 trial of VGL101, an investigational, fully human monoclonal antibody TREM2 agonist, in healthy volunteers. Vigil continues to engage with the Food and Drug Administration regarding the partial clinical hold at doses above 20 mg/kg. Accordingly, Vigil submitted data to the FDA from a 6-month GLP toxicology study in nonhuman primates in which there were no observed adverse findings and Phase 1 SAD clinical data. Vigil remains on track to initiate the Phase 2 proof-of-concept trial in the second half of 2022 and believes that 20 mg/kg is a clinically-relevant dose in ALSP. The Company continues to expect to initiate a Phase 1b trial of VGL101 for Alzheimer's disease (AD) in the second half of 2022: Vigil plans to initiate a Phase 1b biomarker-based clinical trial with VGL101 in genetically defined populations of AD patients with or without the relevant TREM2 variants.
VIRI

Hot Stocks

07:22 EDT Virios Therapeutics expects cash to fund operations through end of 2022 - As of March 31, 2022, Virios Therapeutics' cash totaled $11.4 million. The Company believes it will have sufficient resources to fund its planned operations through the end of 2022.
SWIM

Hot Stocks

07:21 EDT Latham Group announces $100M share repurchase program - On May 10, 2022, the company approved a stock repurchase program, which authorized the company to repurchase up to $100M of its shares of Common Stock over the next three years.
ARAV

Hot Stocks

07:20 EDT Aravive sees cash, equivalents funding operations into 1Q23
TUEM

Hot Stocks

07:19 EDT Tuesday Morning sees FY22 adjusted EBITDA loss ($29M)-($26M) - Given the sales shortfall in the third quarter fiscal 2022 and the projected decrease in the fourth quarter fiscal 2022 coupled with increased markdowns required in the fourth quarter fiscal 2022, the company now expects to report an Adjusted EBITDA loss for fiscal 2022 between $26 million and $29 million. The company also continues to expect to maintain sufficient liquidity to cover its obligations and operating plans for the next twelve months.
TUEM

Hot Stocks

07:18 EDT Tuesday Morning sees Q4 SSS down 3%-5% vs. last year
TRDA

Hot Stocks

07:15 EDT Entrada Therapeutics sees cash, equivalents funding operations into 2H24 - Cash, cash equivalents and marketable securities were $263.9M as of March 31, 2022, compared to $291.1M as of December 31, 2021. Based on current operating plans, Entrada expects its existing cash, cash equivalents and marketable securities will enable the company to fund its operating expenses and capital expenditure requirements into the second half of 2024.
SYBX

Hot Stocks

07:11 EDT Synlogic announces upcoming milestones - Anticipated Upcoming Milestones: Report additional Phase 2 data and final candidate selection for PKU program in H2 2022; Initiate the Phase 3 trial for the PKU program in H1 2023 with Phase 3 readiness activities currently underway; Share data from the Phase 1 trial in healthy volunteers for SYNB1353 in H2 2022; and Share proof of concept data for SYNB8802 for enteric hyperoxaluria in H2 2022
STTK

Hot Stocks

07:11 EDT Shattuck Labs sees cash, equivalents funding operations into 2H24 - Shattuck believes its cash and cash equivalents and short-term investments will be sufficient to fund its operations into the second half of 2024, beyond results from its Phase 1 clinical trials of SL-172154 and SL-279252. This cash runway guidance is based on the company's current operational plans and excludes any additional funding that may be received or business development or additional clinical development activities that may be undertaken.
AADI

Hot Stocks

07:10 EDT Aadi Bioscience sees cash, equivalents funding operations into 2024
TECH

Hot Stocks

07:10 EDT Bio-Techne and Nonagen Bioscience enter supply agreement for bladder cancer test - Bio-Techne and Nonagen Bioscience announced an agreement for R&D Systems, a Bio-Techne brand, to exclusively manufacture Nonagen Bioscience's Oncuria bladder cancer diagnostic panel using xMAP Luminex technology. Oncuria is the first-of-its-kind multiplex protein-based urine test to provide early and accurate detection, therapy choice, and disease monitoring of bladder cancer. The Luminex-based multiplex assay panel combines Bio-Techne's high-quality reagents and over 40 years of industry-leading immunoassay experience with Nonagen's diagnostic expertise to create a powerful solution to advance bladder cancer treatment strategies. The partnership demonstrates Bio-Techne's commitment to supporting laboratory developed tests to bring clinical diagnostic tools to the market. Nonagen Bioscience and Bio-Techne are targeting 4Q22 to make Oncuria available as an LDT. The FDA granted Oncuria a Breakthrough Device Designation in September 2021, for predicting response to Bacillus Calmette-Guerin therapy, a first-line treatment for bladder cancer. The designation enables close collaboration with, and expedited review of the assay by the FDA. It also provides formal acknowledgement of Oncuria's utility and potential clinical benefit.
ORTX

Hot Stocks

07:09 EDT Orchard sees reporting POC data for OTL-104 program by year end - Orchard has provided the following list of expected 2022 milestones: Report preclinical POC data for the OTL-104 program in NOD2 Crohn's disease by year end 2022 in advance of IND-enabling studies in 2023 and an IND submission in 2024. As part of ongoing interactions with regulators, Orchard is incorporating recent feedback related to study design and clinical endpoints into a revised global registrational protocol, with study initiation now expected to occur in 2023. OTL-201 for MPS-IIIA: Report clinical data, including early clinical outcomes of cognitive function, from the OTL-201 proof-of-concept trial by year end 2022.
ORTX

Hot Stocks

07:08 EDT Orchard Therapeutics sees cash, equivalents funding operations into 2024
DLR

Hot Stocks

07:08 EDT Digital Realty contracts for 158MW of renewable energy in California and Georgia - Digital Realty is contracting for 158 MW of new solar power in California and Georgia. The move advances Digital Realty's progress toward 100% renewable electricity and its 1.5 degree C-aligned Science Based Targets initiative - a global standard for reduction greenhouse gas emissions. The contracts include a 12-year agreement to support the development of a new 130 MW utility-scale solar project in Kern County, California. The project, developed by Terra-Gen as part of its Edwards Sanborn Solar Storage energy project, is one of the largest solar-plus-storage projects in the world and is expected to be completed in late-2022. Additionally, Digital Realty is subscribing to Georgia Power's Customer Renewable Supply Procurement program. The company will receive 28 MW of new solar supply to support its Atlanta data center portfolio. The energy will be generated by new solar facilities located in Georgia. The program is expected to begin delivering power and renewable energy certificates to Digital Realty in 2024.
KCAC

Hot Stocks

07:07 EDT Amprius Technologies to go public via merger with Kensington Capital - Amprius Technologies and Kensington Capital Acquisition Corp. IV announced a definitive agreement for a business combination that would result in Amprius becoming a publicly-listed company. Upon closing of the transaction, the combined company will be named Amprius Technologies and its common stock will trade on the NYSE under the new ticker symbol "AMPX." Founded in 2008, Amprius develops, manufactures, and sells ultra-high energy density lithium-ion batteries using its innovative, patent-protected silicon nanowire anode technology. The business combination values Amprius at an implied pro forma enterprise value of $939M, assuming no redemptions by our public stockholders in connection with closing and the payment of estimated transaction expenses. The boards of directors of both Kensington and Amprius have approved the proposed transaction, which is expected to be completed in the second half of 2022, subject to, among other things, the approval by Kensington's stockholders and satisfaction or waiver of other conditions stated in the definitive documentation. The transaction will result in gross proceeds of approximately $430M to Amprius, comprised of $230M of cash held in Kensington's trust, before redemptions, and up to $200M in additional equity financing to be raised prior to the closing of the business combination.
IKNA

Hot Stocks

07:06 EDT iKena to initiate Phase 1b IK-175, nivolumab trial in 2H22 - Ikena plans to submit the initial clinical data from its IK-175 AHR inhibition program to an oncology conference in the second half of 2022, and plans to initiate a second Phase 1b trial of IK-175 in combination with nivolumab in head and neck squamous cell carcinoma in the second half of 2022.
SHCR

Hot Stocks

07:04 EDT Sharecare announces $50M share repurchase program
BLCO

Hot Stocks

07:02 EDT Bausch + Lomb release survey findings on macular edema treatment - Bausch + Lomb Corporation released findings from a survey designed to gain an understanding of retina specialists' need for a new treatment option for patients with macular edema associated with noninfectious uveitis and the new drug delivery method in which treatment is administered via the suprachoroidal space. Approximately 85 percent of retina specialists surveyed considered drug delivery via suprachoroidal space as an option for patients with macular edema associated with noninfectious uveitis, approximately 84 percent have high interest in learning more about it and more than nine out of 10 said alternatives are needed to treat patients with this condition. Nearly 70 retina specialists* completed the full survey, which was conducted by Modern Retina Macular edema associated with noninfectious uveitis is the leading cause of vision loss in people with uveitis. Macular edema is the buildup of fluid in the macula, which causes retinal swelling and distorted vision, and if left untreated, may lead to permanent vision loss. In October 2021, XIPERE became the first and only treatment to be approved by the U.S. Food and Drug Administration in the United States for delivery via the suprachoroidal space. XIPERE is also the first therapy indicated specifically for the treatment of macular edema associated with noninfectious uveitis. Suprachoroidal administration is an innovative technique for delivering ocular therapies that may facilitate more targeted delivery of therapeutic agents to the retina and choroid.Additionally, more than half of retina specialists surveyed said that training is the most important factor to integrate suprachoroidal administration into a practice. Because the suprachoroidal administration technique for XIPERE is unlike traditional intraocular administration, Bausch + Lomb offers free training on how to inject patients with this new medicine. Physicians interested in attending a XIPERE training session can register at https://www.xipere.com/hcp/xipere-training.
BMY

Hot Stocks

07:00 EDT Bristol-Myers reports POETYK PSO long-term extension trial results - Bristol Myers Squibb announced two-year results from the POETYK PSO long-term extension trial demonstrating durable efficacy and a consistent safety profile with deucravacitinib treatment in adult patients with moderate to severe plaque psoriasis. Clinical efficacy was maintained through up to two years of deucravacitinib treatment, with response rates at Week 60 in the LTE of 77.7% and 58.7% for Psoriasis Area and Severity Index 75 and static Physicians Global Assessment 0/1, respectively, the company reported. The overall safety profile of deucravacitinib observed through two years spans 2,482 patient years of treatment and was consistent with that observed in the previously presented pivotal Phase 3 POETYK PSO-1 and POETYK PSO-2 trials. These data are being presented at the European Academy of Dermatology and Venereology, or EADV, Spring Symposium, taking place May 12-14.
LCI

Hot Stocks

06:59 EDT Lannett enters agreement to be exclusive distributor of Fludarabine Phosphate - Lannett Company announced that it has entered into an agreement with Areva Pharmaceuticals to be the exclusive U.S. distributor of Fludarabine Phosphate for injection, USP, 50 mg/2mL, single dose vials. While total U.S. sales for the 12 months ended March 2022 of Fludarabine Phosphate for injection, USP, 50 mg/2mL were approximately $4.9 million, according to IQVIA, the current market value is believed to be higher due to the recent market disruptions. Under the agreement, Lannett will provide sales, marketing and distribution support for Fludarabine Phosphate, for which it will receive a share of the profits. Other financial terms were not disclosed. Fludarabine Phosphate for injection USP is the generic equivalent of Fludara of Bayer AG.
BDX

Hot Stocks

06:58 EDT BD announces U.S. launch of infectious disease molecular diagnostics platform - BD announced the U.S. launch of its new, fully automated, high-throughput infectious disease molecular diagnostics platform. With 510(k) clearance from the U.S. Food and Drug Administration, the new BD COR MX instrument is a new analytic instrument option for the BD COR System. The first test available on the new system is the BD CTGCTV2 molecular assay, a single test that detects the three most prevalent non-viral sexually transmitted infections - Chlamydia trachomatis, Neisseria gonorrhoeae and Trichomonas vaginalis. These three STIs can include a range of negative patient outcomes, from pregnancy complications to increased risk of HIV. The BD COR MX/PX System integrates and automates the complete molecular laboratory workflow, from sample processing to diagnostic test result for large, high-throughput labs. The BD COR System eliminates the need to sort specimens enabling the lab tech to have very little interaction with the specimen freeing up time for other critical lab processes. Together, the BD COR MX/PX System allows 1,700 specimens to be loaded, with onboard capacity for reagents and samples that provide more than seven hours of unimpeded system processing. The system is capable of delivering up to 1,000 sample results in 24 hours, eliminating multiple manual interactions per shift that were traditionally required. It also offers dual DNA targets for CT and GC detection together in the same sample and assay, which can help reduce false positives.
DDS

Hot Stocks

06:56 EDT Dillard's still sees 2022 CapEx $150M up from $104M in 2021
BVXV

Hot Stocks

06:56 EDT BiondVax provides update on NanoAbs program at Biomed conference - BiondVax Pharmaceuticals announced that Dr. Tamar Ben-Yedidia, BiondVax's Chief Scientific Officer, today presented BiondVax's progress, achieving certain milestones, under its nanosized antibodies program. Dr. Ben Yedidia today presented at the Biomed conference in Tel Aviv, Israel and the associated presentation will be accessible from the Company's investor relations website. The main highlights of the progress are summarized below. The NanoAb program, in collaboration with the Max Planck Institute for Multidisciplinary Sciences and University Medical Center Gottingen, Germany, aims to address diseases with large unmet medical needs and attractive commercial opportunities, such as COVID-19, asthma, psoriasis, psoriatic arthritis, and macular degeneration. Summary of Recent Achievements Successful technology transfer from Max Planck to BiondVax' manufacturing facility in Jerusalem was demonstrated. Upon testing, it was shown that BiondVax was able to successfully manufacture its first exclusively licensed NanoAb for the treatment of COVID-19 and demonstrated strong in-vitro COVID-19 neutralization capability at levels similar to those demonstrated by NanoAbs originally produced at Max Planck. Those NanoAbs produced at BiondVax's facility demonstrated similarly strong COVID-19 in-vitro neutralization capacity also after being sprayed through a medical device inhaler that is expected to be used in the first in-human clinical trials planned for 2023. A new NanoAb targeting Omicron, that was generated by Max Planck, has recently been shown to successfully neutralize the Omicron variant of COVID-19, in-vitro. This NanoAb is expected to be manufactured and used in BiondVax's first in-human trials.
QTRHF

Hot Stocks

06:54 EDT Quarterhill appoints Kim Stevenson to board of directors - Quarterhill announces that Kim Stevenson has been appointed to its board of directors. Her most recent roles were as Senior Vice President and General Manager at NetApp and Lenovo, while she held other senior leadership roles at IBM, EDS, and HP.
TPR

Hot Stocks

06:54 EDT Tapestry approves new $1.5B share repurchase program - Tapestry-s Board has approved a new $1.5B share repurchase program. The company now forecasts the repurchase of $1.6B in common stock in FY22, an increase of $350M from the prior outlook of $1.25B. In Q3, the company deployed $500M to buy back approximately 13 million shares of its common stock at an average cost of $37.06 per share. As of quarter-end, $350M remained on the existing authorization, which is intended to be utilized in Q4. In addition, there is $1.5B available under the newly announced authorization, which the company expects to begin utilizing in FY23.
RVLP

Hot Stocks

06:54 EDT RVL Pharmaceuticals targets Q4 net sales of UPNEEQ $20M-$25M
QTRHF

Hot Stocks

06:53 EDT Quarterhill appoints Andrew Parolin as CEO of WiLAN - Quarterhill announces that Andrew Parolin has been appointed CEO of Wi-LAN, its wholly owned patent licensing business. Mr. Parolin has been with WiLAN for 15 years and a key member of the executive team during that time. Most recently he was Senior Vice-President, Licensing, responsible for the licensing of the company's portfolio of wireless, wireline, digital television and other technologies.
CPG

Hot Stocks

06:52 EDT Crescent Point now expects to generate $1.2B-$1.4B of excess cash flow in 2022 - Crescent Point said: "First quarter 2022 results demonstrated continued capital discipline, resulting in significant excess cash flow generation and the opportunity to create additional value for shareholders. The Company now expects to generate $1.2 to $1.4 billion of excess cash flow in 2022, at US$80/bbl to US$100/bbl WTI for the remainder of the year, further benefiting in the current environment from its high netback production and significant tax pools. Crescent Point's 2022 annual average production guidance of 133,000 to 137,000 boe/d, remains unchanged, despite a severe storm affecting electricity distribution in North Dakota during late April that has temporarily impacted the Company's operations. Based on progress to-date and expectations from the local power utility, Crescent Point expects to fully restore the remainder of its North Dakota production by the end of May. The Company estimates that up to 1,500 boe/d of annual average production will be impacted as a result of this unexpected downtime, or approximately one percent of its annual guidance. Crescent Point continues to expect higher production during the second half of the year based on the schedule of its development program. In light of the current commodity price environment, the Company's development capital expenditures guidance now assumes a slightly higher cost inflation assumption of up to 15 percent. As a result, Crescent Point has narrowed its 2022 development capital expenditures guidance to $875 to $900 million, which is within its prior range of $825 to $900 million."
CPG

Hot Stocks

06:51 EDT Crescent Point Energy raises quarterly dividend by over 40% to 6.5c per share - Crescent Point said: "Given its continued execution and the recent strength in commodity prices, the Company now expects to attain its near-term net debt target of approximately $1.3 billion during third quarter 2022. Consistent with Crescent Point's focus on returning capital to shareholders, the Board of Directors has approved and declared a second quarter 2022 dividend increase to $0.065 per share to be paid on July 4, 2022 to shareholders of record on June 15, 2022. This equates to an annualized dividend of $0.26 per share, representing an increase of over 40 percent from the prior level. The Company's dividend policy and payout ratio is based on a framework that targets dividend sustainability at lower commodity prices, allows for flexibility in its capital allocation process and the potential for dividend growth over time. Since initiating its planned share repurchases in December 2021, Crescent Point has repurchased for cancellation approximately 13.5 million shares to-date for total consideration of approximately $110 million. This includes approximately 7.3 million shares repurchased during first quarter 2022 for total consideration of approximately $62 million. The Company is on track to execute the remainder of its previously announced share repurchase plan of up to $150 million by mid-2022. Crescent Point plans to revisit its budget for share repurchases for the second half of the year as part of an updated return of capital framework. The Company has approval to repurchase, for cancellation, up to 10 percent of its public float under its normal course issuer bid, which expires on March 8, 2023."
DISH RDCM

Hot Stocks

06:51 EDT Dish selects RADCOM ACE solution to monitor customer experience - RADCOM announced that it was selected by DISH Wireless to provide its RADCOM ACE solution to monitor customers' experience across DISH's 5G Smart Network. RADCOM ACE will seamlessly integrate into DISH's network, enabling the company to monitor and analyze service quality across its nationwide deployment and proactively ensure the best customer experience.
USFD

Hot Stocks

06:46 EDT US Foods reaffirms FY22 guidance provided on February 17
FSR HNHPF

Hot Stocks

06:42 EDT Fisker to produce Fisker PEAR in Ohio - Fisker (FSR) confirms that it will produce its second vehicle, the Fisker PEAR, at a factory Foxconn (HNHPF) acquired in Ohio. The Fisker PEAR will enter production in 2024. Both the Fisker and Foxconn teams are fully engaged and expect to build a minimum of 250,000 Fisker PEAR units a year at the plant after a ramp up period.
XP NDAQ

Hot Stocks

06:40 EDT XP Inc. to create digital assets trading platform in collaboration with Nasdaq - XP Inc. (XP) announced the creation of XTAGE, a new trading platform for digital assets in collaboration with Nasdaq (NDAQ). XTAGE represents a key milestone in democratizing access to the digital assets market in Brazil. Built on Nasdaq's leading trading technology, XP's platform is uniquely positioned to flexibly scale as it grows and introduces new products and services. The platform is expected to be operational by the end of the second quarter of 2022.
NUVL

Hot Stocks

06:38 EDT Nuvalent expects cash to fund operations into 2024 - Cash, cash equivalents and marketable securities were $272.7 million as of March 31, 2022. Nuvalent continues to expect the existing cash, cash equivalents, and marketable securities to be sufficient to fund its planned operations into 2024.
MTNB

Hot Stocks

06:35 EDT Matinas BioPharma sees Q2 adjusted EBITDA $4M-$6M - Sees Q2 ex-TAC gross profit $59M-$62M.
MTNB

Hot Stocks

06:34 EDT Matinas BioPharma sees FY22 adjusted EBITDA $50M-$60M - Sees FY22 ex-TAC gross profit $270M-$290M.
IAS

Hot Stocks

06:25 EDT IRIS.TV enters partnership with Publica to integrate contextual data - IRIS.TV has announced a new partnership with Publica to integrate video-level contextual data into Publica's CTV Ad Server. The new partnership will allow publishers to use their IRIS-enabled data partner segments for forecasting and targeting in the Publica user interface, improving the outcomes for CTV advertisers when running ads within their ad breaks.
IDEX

Hot Stocks

06:24 EDT WAVE secures follow-on order from Twin Transit for wireless charging systems - WAVE announced that the Twin Transit has placed a second order for two additional WAVE 250kW wireless charging systems. The follow-on order addresses the critical need to automatically extend the range of battery-electric buses to meet the range of legacy diesel vehicles. The two WAVE 250kW systems will be installed at the Mellen Street e-Transit Station and will power new Gillig battery-electric buses scheduled to arrive in 2023.
PCT

Hot Stocks

06:16 EDT PureCycle Technologies reports liquidity of $609.9M - The Company had total liquidity of $609.9 million including $418.0 million of cash, cash equivalents and debt securities available for sale and $191.9 million in restricted cash. PureCycle had $255.7 million in debt and accrued interest, less $16.8 million of discount and issuance costs as of March 31, 2022. PureCycle's Ironton flagship purification facility's original budget was $242.1 million, which was funded through bond financing. The Company currently expects to exceed the original budget by $55 - $65 million due to increased investments as well as growing inflationary pressures.
PCT

Hot Stocks

06:15 EDT PureCycle reports 215M pounds of polypropylene under LOI - PureCycle has continued to advance the feedstock procurement pipeline, with approximately 215 million pounds of polypropylene under LOI, to supply the first two lines of the Company's Augusta's purification facility. The Company continues to focus on securing feed for the remaining feedstock capacity and is actively targeting feed streams that are currently being landfilled or incinerated. PureCycle's current feedstock supply pipeline comprises three diverse types of waste streams: post-consumer non-curbside, post-consumer curbside, and post-industrial. By combining alternative waste streams and utilizing the Company's Born Digital strategy, PureCycle aims to develop resins with targeted specifications, broadening the end case use for PureCycle's UPR resin. PureCycle's PureZero program is continuing with an expanded list of targeted organizations that includes both professional and collegiate leagues. Augusta's lines 1 and 2 are currently 70% allocated through multi-year offtake contractual agreements and commitments, with notable volume derived from packaging converters. As Ironton and Augusta projects progress, the Company's current sales cycle continues to shorten. PureCycle continues to progress negotiations on the remaining 30% of available volume. The market's continuing interest in PureCycle's UPR resin is demonstrated through the full off-take allocation of the Ironton, Ohio facility and the demonstrated acceptance of its Feedstock+ pricing model being implemented at Augusta.
PCT

Hot Stocks

06:14 EDT PureCycle Technologies CEO says 'made considerable operational progress' in Q1 - Mike Otworth, PureCycle's Chairman and CEO said, "PureCycle made considerable operational progress during the first quarter of 2022 and continues to execute against its strategic growth plan. Our Augusta purification facility build-out is underway and remains on track for startup in the fourth quarter of 2023. We continue to expand our feedstock supply network highlighted by significant progress on our first two lines in Augusta, while the successful commercial market progress of our team is visible through the full allocation of Ironton and 70% allocation of the first two lines in Augusta through multi-year commitments. PureCycle remains steadfast in our mission to advance the sustainable plastic revolution through our unique purification process. We are excited about our recent progress and look forward to updating you as we continue to advance our objectives throughout the remainder of 2022 and beyond."
PCT

Hot Stocks

06:13 EDT PureCycle says purification facility in Ironton, Ohio remains on track - PureCycle's flagship purification facility in Ironton, Ohio remains on track with mechanical completion expected in early fourth quarter 2022 followed by initial pellet production by year- end. The construction site is now energized and 4 out of the 26 modules have been delivered and lifted into place. In addition, 98% of the PreP equipment is now on site and the Company plans a preprocessing soft start in the third quarter of 2022. The Ironton flagship purification facility has a capacity of 107 million pounds per year of Ultra-Pure Recycled resin and will mark the Company's first step in tackling the ongoing plastic waste crisis around the globe. During the first quarter, PureCycle broke ground on its first multi-line purification facility in Augusta, Georgia, in-line with the Company's previously stated timeline. Since starting construction, engineering activities remain on track and key construction contracts are in place. PureCycle has placed key long lead orders including vessels, precision machinery and instrumentation. PureCycle anticipates an acceleration of Phase 1 construction activities by leveraging the existing key strategic partnerships utilized in Ironton's buildout; the first two purification lines are currently on track for start-up in the fourth quarter of 2023. The Company recently announced the appointment of two new members to its existing Board of Directors, Steven F. Bouck and Allen Jacoby, effective March 15, 2022. With 50 years of combined experience, these additions to the PureCycle's leadership team will be instrumental in advancing the Company's mission and business objectives. PureCycle's also announced its recent elevation of Dustin Olson to chief operating officer in addition to his chief manufacturing officer responsibilities and the expansion of two key roles to the Company's current finance team. The supplemental positions include the vice president of finance and senior director of revenu
FERG

Hot Stocks

06:13 EDT Ferguson announces primary listing now on NYSE - Ferguson announces that its primary listing is now on the New York Stock Exchange. This follows the transfer of the company's listing category on the Official List of the Financial Conduct Authority from "Premium Listing" to "Standard Listing" as of 0800hrs GMT/0300hrs ET on May 12. Ferguson's shares remain eligible for and continue to trade on the Main Market of the London Stock Exchange as a Standard Listing segment issuer.
J

Hot Stocks

06:11 EDT Jacobs/Morrison Energy Services JV secures National Grid projects - Jacobs/Morrison Energy Services Joint Venture - J1M - was awarded three contracts to support Pembroke, Lackenby and Bramley substation projects under energy utility National Grid's six-year Substations Engineering Procurement Construction Framework in the U.K. As principal designer and contractor, the Jacobs/Morrison Energy Services Joint Venture is progressing detailed design and early works on the Pembroke substation project in Wales, to connect it to Ireland's Greenlink interconnector, one of Europe's most important energy infrastructure projects. Work includes the design, supply, installation and commissioning of a new 400kV gas-insulated switchgear extension in the existing substation. J1M is also supporting the connection of the Dogger Bank C windfarm on the east coast at Teesside into the transmission network at Lackenby substation. When complete this will connect an installed generation capacity of 1.2GW from Dogger Bank C, providing enough clean energy to power up to two million homes. In Hampshire, J1M will deliver National Grid's new 25kV Holly Cross substation and connect it to the Bramley 400kV substation to supply Network Rail. J1M will also support in managing rural ecological requirements and local stakeholder engagement on all projects.
CZOO

Hot Stocks

06:09 EDT Cazoo launches service in Spain - Cazoo announced that it has now launched its service in Spain, delivering better selection, value, transparency, convenience and peace of mind to Spanish consumers when buying their next car.
LLAP

Hot Stocks

06:07 EDT Terran Orbital ships fleet space CENTAURI-5 satellite to Cape Canaveral - Terran Orbital announced it shipped its CENTAURI-5 satellite to Cape Canaveral in preparation for the SpaceX Transporter-5 launch. The CENTAURI-5 spacecraft is part of a constellation commissioned by Fleet Space Technologies to deliver global connectivity solutions specifically designed for the energy, utilities, and resource industries.
SQSP

Hot Stocks

06:04 EDT Squarespace board authorizes $200M share repurchase program - Squarespace's board of directors authorized a general share repurchase program of the Company's Class A common stock of up to $200 million with no fixed expiration. These repurchases may occur in the open market, through privately negotiated transactions, through block purchases, other purchase techniques or by any combination of such methods. The timing and actual amount of shares repurchased will depend on a variety of different factors and may be modified, suspended or terminated at any time at the discretion of the board of directors.
SIX

Hot Stocks

06:03 EDT Six Flags reports Q1 attendance up 25% vs. a year ago - The $19.30 increase in guest spending per capita compared to first quarter 2021 was driven by a $10.33 increase in Admissions spending per capita and a $8.97 increase in In-park spending per capita. The increase in Admissions spending per capita was primarily driven by higher realized ticket pricing and revenue from memberships beyond the initial 12-month commitment period-in first quarter 2021, the company did not recognize membership revenue from members whose home park was closed due to the pandemic. The higher In-park spending reflects the company's in-park pricing initiatives and positive consumer spending trends.
XM AMZN

Hot Stocks

05:58 EDT Qualtrics to go live on Amazon Web Services Cloud Infrastructure in the UK - Qualtrics (XM) announced it will go live on Amazon Web Services (AMZN) Cloud Infrastructure in London in the second half of 2022. Qualtrics customers will be able to access the Qualtrics XM/OS platform locally via the AWS London Region. The company will also open a new office and customer experience centre in London. These investments come as organisations are increasingly turning to Qualtrics to help them deliver customer, employee, brand and product experiences that create meaningful connections.
CGEM

Hot Stocks

05:53 EDT Cullinan, Taiho Pharmaceutical to jointly develop CLN-081/TAS6417 - Cullinan Oncology and Taiho Pharmaceutical Co. announced an agreement through which Taiho will acquire Cullinan Pearl Corp. and co-develop and co-commercialize Cullinan Oncology's lead program, CLN-081/TAS6417, an orally available, differentiated, irreversible EGFR inhibitor that selectively targets cells expressing EGFR exon 20 insertion mutations while sparing cells expressing wild-type EGFR. Subject to customary closing conditions, including expiration or termination of the waiting period under U.S. antitrust laws, the acquisition is expected to close in the second quarter of 2022. Under the agreement, Taiho will acquire Cullinan Oncology's subsidiary, Cullinan Pearl, which has worldwide rights outside of Japan to CLN-081/TAS6417, for an upfront payment to Cullinan Oncology of $275M and up to an additional $130M tied to EGFR exon20 non-small cell lung cancer regulatory milestones. Cullinan Oncology will co-develop CLN-081/TAS6417 and will retain the option to co-commercialize CLN-081/TAS6417 in the United States together with Taiho Pharmaceutical through its U.S. subsidiary, Taiho Oncology, Inc. Taiho will commercialize CLN-081/TAS6417 in territories outside U.S. and China. Taiho and Cullinan Oncology will equally contribute to the future clinical development of CLN-081/TAS6417 in the U.S., with each receiving 50% of the profits from potential U.S. sales. As a result of the upfront cash payment and reduction in development and pre-commercialization costs, Cullinan Oncology anticipates its cash runway to extend through 2026 based on current operating plans. This guidance does not include the potential regulatory milestone cash payments or future U.S. profit share post-launch.
AMZN...

Hot Stocks

05:43 EDT Instacart announces confidential submission of draft registration statement - Instacart announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities and Exchange Commission. The registration statement is expected to become effective after the SEC completes its review process, subject to market and other conditions. Instacart competes with with offerings from Amazon (AMZN), Uber (UBER) and DoorDash (DASH).