Stockwinners Market Radar for May 19, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

GLD

Hot Stocks

20:10 EDT SPDR Gold Shares holdings rise from 1,049.2MT to 1,056.2MT - This is the highest level of holdings since May 12th.
QH

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19:01 EDT Quhuo receives Nasdaq notification regarding late 20-F filing - Quhuo Limited announced that it received a notification letter dated May 18, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market Inc., indicating that the Company is no longer in compliance with the Nasdaq Listing Rules since the Company has not yet filed its annual report on Form 20-F for the fiscal year ended December 31, 2021. Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports. This Notification Letter has no immediate effect on the listing of the company's American depositary shares on the Nasdaq Global Market. Pursuant to the Nasdaq Listing Rules, the company has 60 calendar days from the date of the Notification Letter to submit a plan to regain compliance with Nasdaq Listing Rules. If Nasdaq accepts the Compliance Plan, it may grant the company an extension until November 14, 2022 to regain compliance. The company experts either to file its 2021 Form 20-F or submit the Compliance Plan within the prescribed 60-day period.
LCII

Hot Stocks

19:00 EDT LCI Industries raises quarterly dividend to $1.05 from 90c per share - The dividend is payable on June 17, 2022, to stockholders of record at the close of business on June 3, 2022.
MOS

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18:59 EDT Mosaic raises quarterly dividend to 15c from 11.25c per share - The dividend will be paid on June 16, 2022, to stockholders of record as of the close of business on June 2, 2022.
ATRA

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18:57 EDT Atara Biotherapeutics down 14% at $4.44 after announcing end of Bayer deal
ATKR

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18:40 EDT Atkore acquires Talon Products, terms not disclosed - Atkore "announced the acquisition of the assets of Talon Products, LLC, a provider of patented, non-metallic, injection molded cable cleats for use in power distribution applications. Sold as Talon Cable Cleats, the product supports and holds electrical cables when installed at intervals along the length of cable. Talon Products is a small business headquartered in Hammond, Louisiana and will continue operating at its current location. Terms of the sale are undisclosed."
CEG

Hot Stocks

18:24 EDT Constellation Energy CEO: We supply more energy than we produce - In an interview on CNBC's Mad Money, Joseph Dominguez said Constellation produces about 10% of the clean energy in the U.S. It produces twice as much energy than its two largest competitors, he noted. Policy support from the government is critical to the transition to clean energy, he added. "We can move completely off Russian fuels in a short period of time."
MAXN

Hot Stocks

18:03 EDT Maxeon Solar appoints Philippe Costemale as new COO - Maxeon Solar appointed Philippe Costemale as its new COO. Philippe Costemale will succeed Markus Sickmoeller, who will leave the company in September following an orderly transition of duties. Philippe Costemale was most recently VP Global Manufacturing and Supply Chain for Technicolor based in Hong Kong. Before, he spent around 14 years at Jabil where, as GM for Europe, he led the business and operations. Costemale will be joining the Maxeon team at its Singapore Headquarters.
MDRX

Hot Stocks

17:55 EDT Allscripts director Black sells 50,000 common shares - In a regulatory filing, Allscripts director Paul Black disclosed the sale of 50,000 common shares of the company on May 17 at a price of $18.1792 per share.
AVD

Hot Stocks

17:51 EDT Glass Lewis urges American Vanguard investors to vote for Cruiser nominees - Cruiser Capital Master Fund LP and its affiliates, a top ten shareholder of American Vanguard Corporation, owning approximately 2.5% of AVD's outstanding shares, announced that leading proxy advisory firm Glass, Lewis & Co. has recommended that stockholders vote for ALL of Cruiser's three director candidates by voting on the BLUE proxy card at the June 1, 2022, Annual Meeting of Stockholders. In its report, Glass Lewis writes that, "(W)e believe CCA (Cruiser Capital Advisors) has ultimately presented investors with a compelling case for change, and has nominated individuals well suited to addressing what appear to be AVD's most significant operational and governance failings."
EVEX ERJ

Hot Stocks

17:50 EDT In a regulatory filing, Eve Holding disclosed that Emraer Aircraft has 90% stake - Shares of Eve Holding (EVEX) are up 19.2% afterhours following a 13D filing by Emraer Aircraft (ERJ) that it has accumulated a 90.2% stake in the company, which represents 238.5M shares. The filing does not allow for activism.
SWKH

Hot Stocks

17:50 EDT SWK Holdings announces $10M share repurchase plan - SWK announced that its Board of Directors has authorized the company to repurchase up to an aggregate of $10M of the company's common stock from time-to-time until May 15, 2023, through a "10b5-1 trading plan" in compliance with Rule 10b-18 under the Securities Exchange Act of 1934.
FCPT

Hot Stocks

17:41 EDT Four Corners Property Trust acquires KC Complete Auto property for $1.6M - Four Corners Property Trust announced the acquisition of a KC Complete Auto property for $1.6M. The property is located in a highly trafficked corridor in Missouri and is occupied under a triple net lease to the corporate entity with approximately eight years of term remaining. The transaction was priced at a 6.9% capitalization rate, exclusive of transaction costs.
MIDD

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17:35 EDT Middleby authorizes buyback of up to 2.5M additional shares - According to a regulatory filing, on May 16, 2022, The Middleby Corporation's board of directors authorized the repurchase of up to an additional 2,500,000 shares of the company's common stock under the company's existing share repurchase program. As previously reported, in November 2017, the board of directors of the company authorized the repurchase in the aggregate of up to 2,500,000 shares of the company's common stock under the Repurchase Program. As of April 2, 2022, 2,027,577 shares had been purchased under the Repurchase Program and 472,423 shares remained authorized for repurchase.
PEP

Hot Stocks

17:29 EDT PepsiCo director sells $2.38M in common stock - In a regulatory filing, PepsiCo disclosed that the CEO of PepsiCo Beverages North America, Kirk Tanner, sold 13.7K shares of common stock on May 17th in a total transaction size of $2.38M.
RDUS

Hot Stocks

17:09 EDT Radius Health announces publication of elacestrant clinical trial data - The Menarini Group and Radius Health "announce that data from the pivotal phase 3 EMERALD clinical trial evaluating elacestrant as a monotherapy vs. standard of care for the treatment of ER+/HER2- advanced or metastatic breast cancer were published in the Journal of Clinical Oncology. Elacestrant is the first oral selective estrogen receptor degrader demonstrating a significant improvement in PFS vs. SOC with manageable safety in a phase 3 trial for patients with ER-positive/HER2-negative advanced breast cancer. Among the 477 patients enrolled in the trial, 239 received elacestrant. Of the 165 patients who received fulvestrant, all were pretreated with AI during the treatment for metastatic disease except n=6 who received fulvestrant. Of the 73 who received AI, all were pretreated with fulvestrant except n=4. Primary endpoints were PFS by blinded independent central review (IRC) in all patients and patients with detectable ESR1 mutations. Elacestrant significantly reduced the risk of disease progression or death by 30% in all patients and by 45% in patients with ESR1 mutation."
LMPX

Hot Stocks

17:04 EDT LMP Automotive gets notice of deficiency from Nasdaq due to delayed 10Q filing - LMP Automotive "announced it received a notification of deficiency from Nasdaq related to the delayed filing of its Quarterly Report on Form 10-Q for the first quarter of 2022. On May 19, 2022, it received a standard notice from Nasdaq indicating that, as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022, the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. As announced on April 20, 2022, the Company had previously received a notice from Nasdaq indicating that as a result of not having timely filed its Annual Report on Form 10-K for the period ended December 31, 2021, it was not in compliance with Nasdaq Listing Rule 5250(c)(1)."
SEDG

Hot Stocks

17:03 EDT SolarEdge, Huawei sign global patent license agreement, end patent litigation - SolarEdge Technologies and Huawei Technologies have agreed on a global patent license agreement between the two companies. The agreement includes a cross license that covers patents relating to both companies' products, and grants certain other rights. In addition, the agreement will result in a settlement of all pending patent-litigation between the companies. The specific terms of the agreement are confidential. This agreement ends lawsuits between the companies that were pending in Germany and China.
SHC

Hot Stocks

17:02 EDT Sotera Health CFO Scott Leffler departing August 12 - Sotera Health's CFO Scott Leffler is departing after over five years at Sotera Health. Leffler has accepted another CFO role and will be relocating to Florida. To support an orderly transition, Leffler will remain at Sotera Health until August 12. Sotera Health has launched a formal search process to identify Leffler's permanent replacement. Leffler's departure is not related to any matter connected with the company's operations, policies or practices.
MYE

Hot Stocks

17:01 EDT Myers Industries CFO Sonal Robinson to step down - Myers Industries "announced the upcoming departure of Sonal Robinson, Executive Vice President andCFO. Ms. Robinson joined the company in February 2021, was appointed CFO effective March 15, 2021, and has resigned to pursue other opportunities. To support a smooth transition, Ms. Robinson will continue in her role at Myers until July 1, 2022. Monica Vinay, Vice President, Investor Relations and Treasurer, has been named Interim CFO and will assume that role upon Ms. Robinson's departure. The company has launched a formal search process to identify a permanent successor."
FRBK

Hot Stocks

16:45 EDT Republic First Bancorp receives Nasdaq delinquency notice - Republic First Bancorp received written notification from The NASDAQ Stock Market on May 13, 2022 that the company is not in compliance with the Nasdaq Listing Rules because the company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. The company had received an initial notice from Nasdaq, dated April 1, 2022, relating to the company's failure to timely file its Form 10-K for the year ended December 31, 2021. Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports. As previously reported by the company, the Audit Committee of the company's board of directors has engaged Wilmer Cutler Pickering Hale and Dorr LLP to advise it and conduct an independent review concerning related party transactions, certain of the company's controls, and any associated financial statement and disclosure implications. The review is being undertaken in connection with the audit of the company's financial statements as of and for the year ended December 31, 2021. As a result, the company has not yet filed the Annual Report or the Quarterly Report, and does not expect to file such Reports until the review is completed.
CDXC

Hot Stocks

16:39 EDT ChromaDex to establish Tru Niagen JV in China with three other companies - ChromaDex announced it has entered into an agreement to establish a joint venture, or JV, through its wholly owned subsidiary ChromaDex Asia. Upon establishment of the JV, membership of ChromaDex Asia will collectively consist of the company; Crystal Lake Developments ; Pioneer Idea and Hong Kong Taikuk. ChromaDex Asia is expected to assume the distribution agreement noted in a previous announced press release with Sinopharm Xingsha as it relates to the commercialization of Tru Niagen in mainland China and its territories, excluding Hong Kong, Macau and Taiwan. The JV's entry into a distribution agreement will be contingent upon Sinopharm successfully attaining health food product registration for Tru Niagen with the People's Republic of China's State Administration for Market Regulation, or SAMR. SAMR is the regulatory body responsible for health food registration. Health food registration is a key regulatory step required to be able to broadly market and distribute Tru Niagen products in China. Formation of the joint venture is subject to customary closing conditions.
DECK

Hot Stocks

16:35 EDT Deckers Brands jumps 12.5% to $255 after Q4 earnings beat
KAI

Hot Stocks

16:35 EDT Kadant authorizes share repurchase for up to $50M - Kadant has authorized the repurchase of up to $50M of its equity securities effective May 19, 2022 through May 19, 2023. The company has not repurchased any shares of its common stock under the $20M authorization that will expire on May 20, 2022.
MRTX

Hot Stocks

16:33 EDT Mirati Therapeutics submits adagrasib MAA to EMA - Mirati Therapeutics announced that it has submitted a Marketing Authorization Application to the European Medicines Agency for adagrasib for the treatment of patients with non-small cell lung cancer harboring the KRAS mutation who have received at least one prior systemic therapy. The MAA is supported by data from the registration enabling cohort of the Phase 2 KRYSTAL-1 study evaluating adagrasib 600mg BID in patients with advanced NSCLC harboring the KRAS mutation following prior treatment with immunotherapy and chemotherapy, either together or sequentially. The Company reported positive topline data from this cohort in September 2021 and plans to present detailed results at the upcoming 2022 American Society of Clinical Oncology Annual Meeting. "The submission of our application to the EMA is a significant milestone for Mirati and brings us closer to expanding the potential availability of adagrasib to patients with KRASG12C-mutated lung cancer in the European Union, if approved," said Charles Baum, M.D., Ph.D., president, founder and head of research and development, Mirati Therapeutics, Inc. "Therapeutic options for KRASG12C-mutated lung cancer are limited, and this submission is an important step forward in our goal to deliver innovative, differentiated therapies in areas of high unmet need. We look forward to working with the EMA to potentially bring this therapy to patients. We also thank the patients and investigators who make our work possible by participating in clinical trials."
GVA

Hot Stocks

16:31 EDT Granite secures $10M contract for I-40 work in California - Granite "announced that it has secured the contract for Segment Five of the I-40 Median Fill PM 100-125 in San Bernardino County, California. The approximately $10M contract was awarded by Caltrans and will be funded by a mixture of state and federal sources. The award is anticipated to be included in Granite's second quarter CAP."
TANH

Hot Stocks

16:31 EDT Tantech Holdings receives Nasdaq notification of deficiency - Tantech Holdings announced it has received a notice of non-compliance from Nasdaq Stock Market LLC on May 18, 2022 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2021, Tantech is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of Tantech's common shares on the Nasdaq. Under Nasdaq's listing rules, the Company has 60 calendar days to submit a plan to regain compliance. If the plan is accepted by Nasdaq, the Company can be granted up to 180 calendar days from the Company's Form 20-F's filing due date, or until November 14, 2022, to regain compliance.
RIDE

Hot Stocks

16:28 EDT Lordstown Motors names Daniel Ninivaggi as Chairman of the Board - Lordstown Motors announced that at its annual meeting of stockholders, Joseph B. Anderson, Jr., Laura J. Soave and Angela Strand were elected as independent directors. Anderson and Soave are new directors, and each has extensive experience in the global automotive industry. Incumbent director Strand is joining the Compensation Committee, Anderson will serve as a member of the Audit Committee and Soave will serve on the Nominating and Corporate Governance Committee of the Board of Directors. The Board of Directors has also combined the roles of Chairman of the Board and CEO and current CEO, Daniel Ninivaggi, will serve in this capacity, effective following the annual meeting. David Hamamoto, a current independent director and Chairman of the Nominating and Corporate Governance Committee of the Board, will serve as lead independent director, also effective following the annual meeting.
ROST

Hot Stocks

16:26 EDT Ross Stores drops 18% to $75.80 after Q1 results miss ests, FY22 guidance cut
CVLG

Hot Stocks

16:26 EDT Covenant Logistics promotes James Grant to CFO - The company promoted James Grant to executive VP and CFO and Joey Ballard to executive VP, people and safety. The company said, "Since joining the company in 2019, Grant has proven that he has the financial and strategic skills to excel as our Chief Financial Officer."
CWH

Hot Stocks

16:24 EDT Camping World director buys $284K in common stock - In a regulatory filing, Camping World disclosed that its director Kent Schickli bought 10K shares of common stock on May 17th in a total transaction size of $284K.
CVLG

Hot Stocks

16:23 EDT Covenant Logistics announces $75M share repurchase plan, real estate sale - Covenant Logistics Group's board of directors approved a new stock repurchase authorization of up to $75M following the recent completion of the previously announced $30M 10b5-1 repurchase plan. The company also agreed to sell a California terminal. The transaction is expected to close within 60 days, subject to customary conditions. The company expects to record a pretax gain on sale of property of approximately $45M. The company said, "We expect to relocate personnel and equipment to other locations and lower our operating expenses associated with Southern California by approximately $500,000 annually with no disruption in service."
SERA

Hot Stocks

16:22 EDT Sera Prognostics' PreTRM test shows predictive efficacy in published study - Sera Prognostics announced the publication of improved PreTRM test performance using women from the Proteomic Assessment of Preterm Risk clinical study whose pregnancy outcomes are aligned with updated ACOG gestational age dating guidelines. The newly published article reports: a greater observed sensitivity of 88% at 75% specificity, which represent increases of 17% and 1%, respectively, relative to all subjects; an improved performance was also demonstrated over an expanded 18-20 weeks' gestational age time interval for performing PreTRM testing, consistent with the timeframe of routine obstetric visits during pregnancy; a negative predictive value of 99% for the test, at its validated threshold. The PreTRM test was developed and validated for prediction of spontaneous preterm birth broadly in the U.S. in the Proteomic Assessment of Preterm Risk study. The new data were published as a peer-reviewed article in the Journal of Clinical Medicine.
CTK

Hot Stocks

16:22 EDT CooTek Cayman Inc (Class A ADS) trading halted, news pending
EVLV

Hot Stocks

16:21 EDT Evolv names Mark Donohue CFO - Evolv Technology announced the appointment of Mark Donohue to the position of Chief Financial Officer, effective June 1, 2022. Donohue will succeed Mario Ramos, who has accepted a role as CEO at a privately held financial services company. Ramos will continue in his current role until May 31, 2022 to ensure a smooth transition. Donohue will assume global responsibility for the company's accounting, finance, treasury, risk compliance, information technology, supply chain, manufacturing and investor relations functions. Donohue joins Evolv Technology from Vestmark, a financial technology provider of SaaS-based portfolio management and trading tools, where he has served as Chief Financial Officer since 2018. "We're excited to welcome Mark to the executive management team," said Mr. Peter George, President and Chief Executive Officer of Evolv Technology. "Mark's career has been shaped over 25 years of executive leadership at category leading technology companies across the SaaS, cybersecurity and networking markets. We believe his experience and leadership will be particularly important as we prepare for the next stage of our growth."
FHTX

Hot Stocks

16:20 EDT Foghorn Therapeutics trading resumes
LEA

Hot Stocks

16:19 EDT Lear extends share repurchase plan for two years - The Board of Directors has authorized a two-year extension of the company's share repurchase authorization to December 31, 2024. At the end of the first quarter of 2022, Lear had approximately $1.3B remaining under its share repurchase authorization. Since the company began its share repurchase and dividend programs in 2011, Lear has returned approximately $5.9B to shareholders, including the repurchase of approximately 50% of the company's shares outstanding as of the commencement of its share repurchase program.
NTZ

Hot Stocks

16:19 EDT Natuzzi board approves proposal to approve new stock option plan - Natuzzi announced that its Board of Directors has approved a proposal to be submitted to the company's shareholders at an extraordinary shareholders' meeting of the company to be convened in the near future to approve the terms and conditions of a new stock option plan for the Group's personnel and authorize the Board to carry out, in one or more tranches, the capital increase without preemptive rights that will be necessary to issue ordinary shares of the company to employees under the Plan. The Plan provides for the grant of stock options to certain employees and directors of the company and its affiliates during the 2022-2026 period, which would vest and become exercisable subject to the continuation of the relevant working relationship and/or the achievement of performance targets as determined by the Board, which is also entitled under the Plan to determine that the stock options would vest and become exercisable only subject to the continuation of the relevant working relationship.
SPFI

Hot Stocks

16:18 EDT South Plains Financial announces new $15M stock repurchase plan - South Plains Financial announced that the board of directors of the company approved a new stock repurchase program for up to $15M of the outstanding shares of the company's common stock, beginning on the date on which the existing stock repurchase program expires due to depletion of funds previously allocated to it by the board and concluding on May 21, 2023, subject to earlier termination or extension of the new stock repurchase program by the board. The expiring stock repurchase program, which was originally announced on November 1, 2021, has approximately $1.6M remaining of funds previously allocated by the board to repurchase shares of the company's common stock.
CB

Hot Stocks

16:18 EDT Chubb announces new $2.5B share repurchase program - The Board also announced authorization of a new share repurchase program of up to $2.5B through June 30, 2023. The company's existing share repurchase authorization will remain effective through June 30, 2022 and, while effective, would be used before the share repurchase program authorized May 19.
ENLC...

Hot Stocks

16:17 EDT Matterhorn Express pipeline reaches final investment decision - WhiteWater, EnLink Midstream (ENLC), Devon Energy Corp. (DVN), and MPLX LP (MPLX) have reached a final investment decision to move forward with the construction of the Matterhorn Express Pipeline after having secured sufficient firm transportation agreements with shippers. The Matterhorn Express Pipeline has been designed to transport up to 2.5 billion cubic feet per day of natural gas through approximately 490 miles of 42-inch pipeline from Waha, Texas, to the Katy area near Houston, Texas. Supply for the Matterhorn Express Pipeline will be sourced from multiple upstream connections in the Permian Basin, including direct connections to processing facilities in the Midland Basin through an approximately 75-mile lateral, as well as a direct connection to the 3.2 Bcf/d Agua Blanca Pipeline, a joint venture between WhiteWater and MPLX. "WhiteWater is excited to partner with EnLink, Devon, and MPLX to develop incremental gas transportation out of the Permian Basin as production continues to grow in West Texas," said Christer Rundlof, CEO of WhiteWater. "Matterhorn will provide premium market access with superior flexibility for Permian Basin shippers while playing a critical role in minimizing flared volumes." The Matterhorn Express Pipeline is expected to be in service in the third quarter of 2024, pending the receipt of customary regulatory and other approvals.
CB

Hot Stocks

16:17 EDT Chubb raises annual dividend 3.75% to $3.32 per share - Chubb announced that at its 2022 Annual General Meeting, held at the company's offices in Zurich, Switzerland, shareholders approved a 3.75% increase in the company's dividend to $3.32 per share annually 83c per share, per quarter, from $3.20 per share, or 80c per share, per quarter. This marks the twenty-ninth consecutive annual increase in the company's dividend. The company's Board of Directors declared that shareholders of record at the close of business on June 17, will be entitled to payment of the first installment of 83c per share on July 8.
FHTX

Hot Stocks

16:17 EDT Foghorn Therapeutics to resume trading at 4:20 pm ET - Foghorn Therapeutics shares are scheduled to resume trading at 4:20 pm ET, with quotation resuming at 4:15 pm ET, according to Nasdaq.
FHTX

Hot Stocks

16:16 EDT Foghorn Therapeutics announces FHD-286 study placed on clinical hold by FDA - Foghorn Therapeutics announced the FDA has placed the Phase 1 dose escalation study of FHD-286 in relapsed and/or refractory acute myelogenous leukemia, or AML, and myelodysplastic syndrome, or MDS, on a partial clinical hold. The partial clinical hold was initiated by the FDA following the report of a recent death that occurred in a subject with potential differentiation syndrome. Differentiation syndrome is associated with AML/MDS therapeutics that induce differentiation, an effect that is believed to be on-target for the proposed mechanism of action for FHD-286. The FDA has requested a review of the safety database, risk mitigation strategies and a breakdown of clinical activity across dose levels. Patients currently enrolled in the dose escalation Phase 1 study of FHD-286 in AML/MDS and benefitting from treatment may continue to receive treatment, although no new patients can be enrolled until the partial clinical hold is resolved. The partial clinical hold does not apply to the FHD-286 dose escalation Phase 1 study in metastatic uveal melanoma, or mUM, with enrollment in that study continuing per protocol. "Patient safety remains our top priority. We appreciate the dialogue with the FDA and will work diligently with the Agency to resolve the partial clinical hold in AML/MDS as soon as possible," said Foghorn CEO Adrian Gottschalk. Until Foghorn has resolved the partial clinical hold for the AML/MDS study, the company is suspending guidance on the timing of the data release for the dose escalation phase of the FHD-286 program.
ARNC

Hot Stocks

16:16 EDT Arconic to pursue sale of Russian operations - Arconic announced that the company will be pursuing the sale of its Russian operations. The company undertook a thoughtful review of strategic alternatives given the limitations imposed on our operations by the Russian government and as a result of the ongoing legal dispute with the Russian Federal Anti-Monopoly Service. This review has been conducted consistent with the company's nearly 20-year history of transparency with the United States government, starting with consultation about the original acquisition. Following this review, the company has determined, with the support of the Board of Directors, to pursue a sale of the facility in Samara, Russia in strict compliance with all applicable laws. As a result, the company expects to record a charge of up to $500M. Tim Myers, Chief Executive Officer, said, "Sadly, the conflict in Ukraine has made our operation in Russia untenable. We continue to prioritize the safety and well-being of our more than 3,000 world class employees and their families. We appreciate all of their hard work through a very challenging time and we will endeavor to provide them with a successful transition moving forward."
CVU

Hot Stocks

16:16 EDT CPI Aerostructures trading halted, news pending
EQH

Hot Stocks

16:16 EDT Equitable Holdings raises quarterly dividend to 20c from 18c per share - The dividend on the common stock will be payable June 6, 2022, to shareholders of record at the close of business on May 30, 2022.
LCII

Hot Stocks

16:15 EDT LCI Industries authorizes $200M stock repurchase program - LCI Industries announced that its Board of Directors has authorized a new $200M stock repurchase program over the next three years. "This repurchase program demonstrates the Board of Directors' and senior management's commitment to deploying capital that will create value for shareholders, underscoring our confidence in LCI's long-term growth objectives. Our strong operating cash flows, balance sheet, and borrowing capacity give us the flexibility to return capital to shareholders while making further investments in our business to drive growth and innovation, pursue strategic acquisitions, and maintain appropriate debt levels," said Jason Lippert, LCI Industries' President and Chief Executive Officer.
AKTX

Hot Stocks

16:13 EDT Akari Therapeutics presents results from CASCADE and CORONET studies at ATS - Akari Therapeutics presented results from the CASCADE and CORONET studies in patients with COVID-19 pneumonia at the American Thoracic Society, or ATS, 2022 annual meeting. CASCADE, an observational study in a single United Kingdom hospital, explored relationships between circulating biomarkers and risk stratification categories in subsets of COVID-19 pneumonia patients. Patients were clinically stratified as mild, moderate or severe according to degree of respiratory failure on admission and compared to matched healthy controls. Several biomarkers of inflammation, including complement, were elevated across all patient groups compared to healthy controls with complement C5a higher in severe patients compared to moderate patients. The CORONET study evaluated compassionate use of investigational nomacopan in the treatment of hospitalized COVID-19 pneumonia patients at two centers in the United States. As seen in CASCADE and other studies, the innate immune system plays a potentially important role in driving the pathology of COVID-19 pneumonia. Nomacopan inhibits complement C5a and leukotriene B4, or LTB4. Seven patients were treated with a 45mg subcutaneous dose of nomacopan twice on the first day. Subsequently, patients were administered 45mg of subcutaneous nomacopan once daily for 12 days. Prophylactic antibiotics were co-administered with nomacopan. Six patients who received the full course of treatment with nomacopan in the CORONET study survived and were discharged from the hospital. One patient who experienced a delay in the initiation of treatment died. No treatment-related adverse effects were observed.
DECK

Hot Stocks

16:12 EDT Deckers Brands announces leadership transition in Performance Lifestyle - Deckers Brands announced that after seven years leading the HOKA and Teva brands to new heights Wendy Yang is stepping down from her role as President of Performance Lifestyle, effective as of the end of the month. Stefano Caroti, President of Omni-Channel and a 30-year industry veteran, will assume Yang's responsibilities on an interim basis while the company conducts a leadership search. Yang will remain with the company in a consulting role through August 15, to ensure a smooth transition.
ICAGY BA

Hot Stocks

16:12 EDT IAG reaches deal with Boeing to order 50 aircraft, plus 100 options - IAG (ICAGY) has reached agreement with Boeing (BA) to order 25 737-8200 and 25 737-10 aircraft, plus 100 options. The aircraft will be delivered between 2023 and 2027 and can be used by any airline in the Group for fleet replacement. Luis Gallego, IAG's chief executive, said: "The addition of new Boeing 737s is an important part of IAG's shorthaul fleet renewal. These latest generation aircraft are more fuel efficient than those they will replace and in line with our commitment to achieving net zero carbon emissions by 2050." The fleet order is subject to approval by IAG shareholders. Reference Link
KNTK

Hot Stocks

16:11 EDT Kinetik Holdings announces two-for-one stock split in form of dividend - Kinetik Holdings announced that the board of directors has approved and declared a two-for-one split of the company's common stock in the form of a stock dividend. The company anticipates that the stock split will increase liquidity in the trading of the company's stock and will make its stock more accessible to its employees and investors. The stock split will be accomplished by distributing one additional share of Class A common stock for each share of Class A common stock outstanding and one additional share of Class C common stock for each share of Class C common stock outstanding. The additional shares of common stock will be issued on Wednesday, June 8 to holders of record as of the close of business on Tuesday, May 31. Trading of the Class A common stock will begin on a stock split-adjusted basis on Thursday, June 9. After giving effect to the stock split, Kinetik expects to have in total approximately 135M shares of common stock outstanding. Beginning with the second quarter 2022 dividend, the quarterly dividend on the company's common Stock will be 75c per share.
PANW

Hot Stocks

16:11 EDT Palo Alto Networks jumps 10% to $478.83 after raising FY22 guidance - The company's Q3 results and Q4 guidance also come in ahead of expectations.
HIW

Hot Stocks

16:08 EDT Highwoods Properties sells FBI Tampa Field Office for $70.4M - Highwoods Properties has sold the FBI Tampa Field Office, a 138,000 square foot office building developed by Highwoods as a build-to-suit for the FBI in 2005 and renewed under a long-term lease in 2020, for $70.4M. The company also expects to close on the sale of its last remaining office buildings in Greensboro, which total 299,000 square feet and are 88.2% occupied, later this quarter or early in the third quarter for $20.3M. In 2022, these office buildings were projected to generate $6.3M of annual GAAP net operating income and $5.7M of annual cash net operating income, which includes the impact of free rent. The company has also sold an 8.9-acre non-core land parcel adjacent to its One Independence office building in Tampa's Westshore BBD for $6.9M to a developer who plans to construct apartment units. The company expects to record $2.3M of land sale gains in the second quarter.
SLQT

Hot Stocks

16:07 EDT SelectQuote announces departure of CFO Raff Sadun - SelectQuote "announced the departure of CFO Raff Sadun after 5 years at SelectQuote to pursue a new opportunity outside of the industry. The Board of Directors approved the appointment of Ryan Clement, SVP of Financial Planning & Analysis, as interim CFO effective upon Sadun's departure at the end of the month. Prior to joining SelectQuote, Clement served as the CFO of a software technology company and has over a decade of experience in senior-level finance and operations roles. Clement will continue to lead SelectQuote's Financial Planning & Analysis organization while acting as interim CFO. The company's financial reporting and accounting functions will be led by Stephanie Fisher, SelectQuote's Chief Accounting Officer, who will assume the role of principal accounting officer effective upon Sadun's departure. The company has initiated a national search for a permanent Chief Financial Officer."
FHTX

Hot Stocks

16:07 EDT Foghorn reports FDA placed Phase 1 dose escalation study of FHD-286 on hold
ROST

Hot Stocks

16:06 EDT Ross Stores reports Q1 SSS down 7% - Comparable store sales "declined 7% on top of a robust 13% gain in the first quarter of 2021 versus 2019."
QCRH

Hot Stocks

16:06 EDT QCR Holdings announces 1.5M share stock repurchase plan - QCR Holdings announced that its board of directors authorized a share repurchase program, permitting the repurchase of up to 1.5M shares of its outstanding common stock, or approximately 8.5% of the outstanding shares as of May 1.
DEA

Hot Stocks

16:06 EDT Easterly Government Properties acquires FBI field office in Tampa - Easterly Government Properties announced that it has acquired a 138,000 leased square foot Federal Bureau of Investigation field office in Tampa, Florida. FBI - Tampa is a four-story office building located on a roughly seven-acre site that houses the FBI's Tampa field office, which oversees federal operations across 18 counties through six satellite offices in Brevard, Fort Myers, Lakeland, Orlando, Pinellas, and Sarasota. This build-to-suit property was completed in 2005 and is 100% leased to the General Services Administration for the beneficial use of the FBI until November 2040. Serving under the jurisdiction of the Department of Justice, the FBI provides primary domestic intelligence, investigative and law enforcement services on behalf of the United States. The FBI protects and defends the nation against such threats as terrorism, political corruption, white-collar crime, organized crime, cyber-attack and violent crime. As a member of the U.S. Intelligence Community and the leading arm for U.S. counterterrorism, counterintelligence, and criminal investigations, the FBI employs approximately 35,000 people and has an annual budget totaling approximately $10.5 billion, based on fiscal year 2021 data.
ATRA BAYRY

Hot Stocks

16:05 EDT Atara provides update on Bayer collaboration - Atara Biotherapeutics, Inc. (ATRA) announced that it received notification of Bayer's (BAYRY) intention to end the exclusive worldwide licensing agreement for next-generation mesothelin-directed CAR T-cell therapies. The collaboration included the funding and development of ATA3271, an armored allogeneic T-cell immunotherapy, and an autologous version, ATA2271, for high mesothelin-expressing tumors such as malignant pleural mesothelioma and non-small-cell lung cancer. Both ATA2271 and ATA3271 incorporate Atara's novel inclusion of armoring in the form of a PD-1 DNR construct to overcome checkpoint inhibition and a 1XX costimulatory domain on the CAR to enhance expansion and functional persistence of the CAR T-cells. ATA3271 leverages Atara's EBV T-cell platform and is currently in IND-enabling studies. "We acknowledge Bayer's decision to end our collaboration following Bayer's strategic review and asset-level prioritization of its pipeline, including cell and gene therapy," said Jakob Dupont, M.D., Head of Global Research & Development at Atara. "Based on the clinical and pre-clinical data generated to date, we remain confident in the potential of ATA2271 and ATA3271 to address patient need in solid tumors and are re-assessing our strategy on how best to generate value from the programs moving forward." Upon termination of the agreement in September 2022, the rights and licenses granted by Atara to Bayer under the collaboration will be returned to Atara, and Atara will have full rights to continue the clinical development and future commercialization of its programs worldwide. Atara will continue to support the ongoing ATA2271 Phase 1 study, which is being conducted by Memorial Sloan Kettering Cancer Center who has voluntarily paused enrollment of new patients in the study on a temporary basis. Atara and MSK expect to provide a Phase 1 data update for ATA2271 in H2 2022. Atara will also continue to lead IND-enabling studies and process development for ATA3271.
FHTX

Hot Stocks

16:01 EDT Foghorn Therapeutics trading halted, news pending
GD

Hot Stocks

16:00 EDT General Dynamics announces award modification with total value of $313.9M - General Dynamics Electric Boat, a business unit of General Dynamics, announced it was awarded a modification to the previously awarded Columbia Integrated Product and Process Contract by the Naval Sea Systems Command. The modification has a total value of $313.9M. The contract modification will support submarine industrial base development and expansion for the construction of the Columbia-class fleet ballistic missile submarines as well as additional support for the manufacturing, procurement and delivery efforts for United Kingdom Strategic Weapon Support System kits.
TSLA

Hot Stocks

15:48 EDT Tesla investor calls on company to buy back shares - Leo KoGuan, a large individual shareholder in Tesla, has called for the company to buy back $5B of shares from its free cash flow this year and $10B from its free cash flow next year. KoGuan said such buybacks should happen without affecting Tesla's $18B cash reserves "with ZERO debt." Reference Link
XOM

Hot Stocks

15:03 EDT Exxon Mobil to sell Barnett Shale assets to BKV for $750M - ExxonMobil said it signed an agreement with subsidiaries of BKV Corporation for the sale of operated and non-operated Barnett Shale gas assets in Texas for $750M with additional payments contingent on future natural gas prices. ExxonMobil removed the Barnett Shale gas assets operated by its subsidiaries XTO Energy and Barnett Gathering from its development plan in 2020. As part of the agreement, all employees with ExxonMobil subsidiaries in the Barnett Shale will receive full employment offers with BKV. The sale is expected to close in the second quarter of 2022.
KNTE

Hot Stocks

14:56 EDT Kinnate Biopharma treatment of stage IIb-IV melanoma granted orphan designation - Kinnate Biopharma's treatment of stage IIb-IV melanoma was granted orphan designation by the FDA, according to a post to the agency's website. Reference Link
HAS

Hot Stocks

14:20 EDT Hasbro names Najuma Atkinson chief people officer - Hasbro announced that Najuma Atkinson has been appointed Chief People Officer. She assumes this position following the previously disclosed retirement of Dolph Johnson, Global Chief Human Resources Officer, after more than two decades of service at Hasbro. In her new position, Ms. Atkinson will lead Hasbro's global Human Resources organization, building a people and culture strategy that attracts and retains top talent, supporting the acceleration of Hasbro's brand blueprint. "Naj has already been a terrific addition to our team with her global HR experience, digital-first mindset, and deep expertise developing talent, and I'm thrilled to continue working with her as Chief People Officer," said Chris Cocks, Chief Executive Officer, Hasbro. "She understands the capabilities and new technologies needed to recruit top talent to execute the Hasbro gameplan and position us for future success."
IPG

Hot Stocks

14:06 EDT Interpublic Group names Channing Martin chief diversity, social impact officer - Interpublic Group announced that Channing Martin is joining the company as Global Chief Diversity and Social Impact Officer, effective immediately. Martin will be responsible for advancing IPG's diversity, equity and inclusion objectives and continuing to strengthen the company's progress to being one of the world's most diverse and inclusive companies. Krakowsky commented, "IPG's commitment to equity and inclusion have long been core to our culture. Diversity and inclusion are key elements in how we deliver extraordinary value to all our stakeholders - including our people, our clients and our owners. And while we've made meaningful progress in this area, there is still a great deal of work left for us to do. I look forward to partnering with Channing to advance our goals, and to harness the impact of her perspective, experience and passion to ensure that we become an organization in which fairness is at the foundation of everything we do, and in which opportunity and access are equally available to all of our people."
ALGT

Hot Stocks

13:53 EDT Allegiant Travel reports preliminary April traffic up 21.6% vs. 2019 - Reports April ASMs up 15.5% vs. 2019. Passengers were up 19.5% vs. 2019 to 1.52M.
ALGT

Hot Stocks

13:48 EDT Allegiant Travel reports preliminary April traffic up 21.6%, ASMs up 15.5% - Allegiant Travel said it had 1.52M passengers in April, up 19.5% y/y.
LEA

Hot Stocks

13:34 EDT Lear acquires Thagora Technology, terms not disclosed - Lear Corporation announced it has acquired Thagora Technology SRL, a privately held company specializing in material utilization hardware and software technologies based in Iasi, Romania. The company said, "Thagora's proprietary solutions will complement Lear's sustainable manufacturing processes by reducing scrap and lowering energy usage during production. In addition, Thagora's Industry 4.0 technology brings significant advances to manufacturing operations through engineering and logistics, including improved material traceability, and facility footprint utilization."
OVBC

Hot Stocks

13:32 EDT Ohio Valley Banc Corp declares special dividend of 15c per share - OVBC Board of Directors declared a 150th Anniversary Special Dividend of $0.15 per common share payable on June 10, 2022, to shareholders of record as of the close of business on May 31, 2022. The special dividend is in celebration of Ohio Valley Bank's 150th anniversary, which will take place this fall and has been celebrated throughout 2022 through various events and giveaways, including cash giveaways. The special dividend is in addition to the regular quarterly dividends already paid out this year.
OVBC

Hot Stocks

13:31 EDT Ohio Valley Banc Corp appoints Larry Miller as CEO - Thomas Wiseman, chairman of the board of Ohio Valley Bank and Ohio Valley Banc, announced the promotion of Larry Miller, II, to the position of CEO of both Ohio Valley Bank and OVBC. As president and CEO, Miller will be responsible for all business units in the company and its subsidiaries. Wiseman, who previously served as CEO, will remain as chairman. Ryan Jones was promoted to COO of both Ohio Valley Bank and OVBC. Jones will continue to hold the title of risk officer in both Ohio Valley Bank and OVBC as well. In these roles, Jones will oversee the company's enterprise risk management efforts while also managing the company's operational units.
TWTR

Hot Stocks

13:11 EDT Twitter turns green after Bloomberg quotes management as saying deal progressing
WMT

Hot Stocks

12:20 EDT MeMD unveils name change to Walmart Health Virtual Care - MeMD, a multi-specialty national telehealth provider, announced its name change to Walmart Health Virtual Care as part of its official transition to the Walmart Health family. The name change marks the final stages of MeMD's acquisition by Walmart Health, which was initially announced in May 2021, the company said in a statement. "In this next evolution of MeMD, we are excited to begin officially delivering services as Walmart Health Virtual Care, bringing affordable, high-quality telehealth options to as many organizations as possible," said Bill Goodwin, head of Walmart Health Virtual Care. "This is also a win for our current patients and employers who will have access to a wide range of additional health offerings under the Walmart Health umbrella."
TWTR

Hot Stocks

12:06 EDT Twitter introduces 'crisis misinformation policy' - Twitter said in a blog post: "Today, we're introducing our crisis misinformation policy - a global policy that will guide our efforts to elevate credible, authoritative information, and will help to ensure viral misinformation isn't amplified or recommended by us during crises. In times of crisis, misleading information can undermine public trust and cause further harm to already vulnerable communities. Alongside our existing work to make reliable information more accessible during crisis events, this new approach will help to slow the spread by us of the most visible, misleading content, particularly that which could lead to severe harms...Tweets with content that violate the crisis misinformation policy will be placed behind a warning notice...In addition, Likes, Retweets, and Shares will be disabled." Reference Link
OTGLY...

Hot Stocks

12:02 EDT CD Projekt says next-gen 'Witcher 3' version to release in 4Q22 - CD Projekt (OTGLY) said that the next-generation version of "The Witcher 3: Wild Hunt" for Xbox Series X/S (MSFT) and PlayStation 5 (SONY) is planned for release in 4Q22. The Fly notes that this release window has been delayed several times. Reference Link
UA

Hot Stocks

12:00 EDT Under Armour falls -11.9% - Under Armour is down -11.9%, or -$1.16 to $8.55.
JDST

Hot Stocks

12:00 EDT Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -12.9% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is down -12.9%, or -$1.48 to $9.95.
TGI

Hot Stocks

12:00 EDT Triumph Group falls -13.5% - Triumph Group is down -13.5%, or -$2.41 to $15.49.
SHOP

Hot Stocks

12:00 EDT Shopify rises 14.2% - Shopify is up 14.2%, or $51.20 to $411.82.
SG

Hot Stocks

12:00 EDT Sweetgreen rises 15.7% - Sweetgreen is up 15.7%, or $3.02 to $22.20.
BILL

Hot Stocks

12:00 EDT Bill.com rises 16.6% - Bill.com is up 16.6%, or $16.92 to $118.55.
LLY

Hot Stocks

11:56 EDT Eli Lilly's selpercatinib granted FDA orphan designation - Eli Lilly's selpercatinib was granted FDA orphan designation as a treatment of tissue-agnostic RET fusion-positive solid tumors, according to a post to the agency's website. Reference Link
TTWO ZNGA

Hot Stocks

11:20 EDT Take-Two, Zynga stockholders approve proposals related to pending transaction - Take-Two Interactive Software (TTWO) and Zynga (ZNGA) announced that the stockholders of each organization have approved all proposals related to Take-Two's combination with Zynga at each company's respective Special Meeting of Stockholders. As a result, the closing of the business combination is expected to occur on May 23, 2022 before market open, subject to the satisfaction of the remaining customary closing conditions. Shares of Zynga will cease trading after the market close on May 20, 2022, and following the closing, Zynga will no longer be listed on the NASDAQ exchange. Under the terms of the merger agreement, upon the closing of the transaction, Zynga will be combined with Take-Two on the terms set forth in the merger agreement and Zynga stockholders will be entitled to receive $3.50 in cash and 0.0406 shares of Take-Two common stock per share of Zynga common stock.
PTNR

Hot Stocks

11:05 EDT Partner Communications appoints Shlomo Zohar as chairman of the board - Partner Communications Company announces that the Company's Board of Directors resolved to appoint Shlomo Zohar to serve as the Chairman of the Board of Directors until the Company's next Annual General Meeting of shareholders. Mr. Zohar will replace Ms. Osnat Ronen who concluded her term as Chairperson of the Company's Board of Directors and as a member of the Board of Directors on May 17, 2022. Zohar has been a director in the Company since October 2020.
BTC...

Hot Stocks

11:04 EDT Could crypto crash be good for U.S. economy? Probably. - Find out why the dramatic decline in cryptocurrencies may be good for the U.S. economy in this quick video by The Fly's partners at InvestingChannel. Reference Link
STRC

Hot Stocks

11:02 EDT Sarcos Defense announces award of new Air Force Research Laboratory contract - Sarcos Defense, a wholly-owned subsidiary of Sarcos Technology and Robotics, announced that it has been awarded a new contract by Air Force Research Laboratory, or AFRL, for the development of a collaborative sensing platform for the detection, tracking, and classification of time-critical objects in dynamic adversarial environments to benefit the Department of Defense. "This new contract with AFRL will support our development efforts for a collaborative sensing solution that enables our DoD partners to quickly, accurately, and safely identify, track, and classify time-critical objects using autonomous heterogenous sensor networks and AI. "This project has significant potential across the U.S. defense industry and beyond, to improve the operations, safety, data collection and communication of autonomous platforms, such as UASs and UAVs," said Dr. Denis Garagi, Chief Technology Officer, Sarcos.
ADM

Hot Stocks

11:01 EDT ADM appoints Ron Bandler as treasurer - ADM has appointed Ron Bandler Vice President and Treasurer. He succeeds John Stott, who recently took on a new role as President, ADM Investor Services. Bandler previously served as Assistant Treasurer where he was responsible for foreign exchange risk management, debt capital markets, equity capital markets, cash management, accounts payable, bank relationships, revolving credit facilities and rating agency relationships.
TRKA

Hot Stocks

10:55 EDT Troika Media appoints Sid Toama as CEO - Troika Media Group has appointed Sid Toama as CEO. Mr. Toama will hold both positions of CEO and President and will continue to serve on the Board of Directors following the integration of Converge Direct, Troika's acquisition which closed in March 2022.
ULCC...

Hot Stocks

10:48 EDT Frontier Group supports Spirit in urging shareholders to reject JetBlue tender - Frontier Group Holdings (ULCC) commented on Spirit Airlines' (SAVE) announcement that it is urging shareholders to reject JetBlue Airways' unsolicited tender offer to acquire all outstanding shares of Spirit's common stock."We are pleased that the Spirit Board of Directors has again reaffirmed its commitment to combining with Frontier, which increases competition by bringing more ultra-low fares to more travelers and delivering substantial shareholder value," said Barry Biffle, President and CEO of Frontier. "We are working with Spirit to complete our merger and create a true nationwide ultra-low fare airline to compete against the dominant 'Big Four' airlines and other high-cost airlines, including JetBlue. Together, we will super-charge the ultra-low-cost carrier model and create an even better option for consumers. He continued, "The Spirit Board of Directors took the right step in urging its shareholders to reject JetBlue's proposal and vote FOR the merger with Frontier. We continue to believe that JetBlue is worried about increased competition and put forward a proposal for a transaction that, simply put, can't be completed. We remain focused on moving forward with Spirit to drive competition and deliver enhanced value to all of our stakeholders." Frontier noted the following: "Unlike the compelling Spirit-Frontier combination, an acquisition of Spirit by JetBlue, a high-fare carrier, would lead to fewer options and more expensive travel for consumers. JetBlue has stated it will reduce capacity and raise fares on Spirit routes. The Transport Workers Union has publicly stated that it opposes JetBlue's proposed hostile takeover, noting JetBlue's intentions to eliminate thousands of jobs and low-cost flight options for customers as part of its proposal."
AZN

Hot Stocks

10:44 EDT CHMP recommends authorizing AstraZeneca COVID vaccine booster for adults - The EMA's Committee for Medicinal Products for Human Use, or CHMP, has recommended authorizing the use of AstraZeneca's Vaxzevria as a booster dose for adults who have received Vaxzevria or an mRNA COVID-19 vaccine for their initial vaccination, according to a post to the European Medicines Agency website. Reference Link
AKAM

Hot Stocks

10:38 EDT Akamai rumor highlighted in Betaville 'Uncooked Alert' - Akamai Technologies is rumored as a takeover target, Betaville's Ben Harrington said in a blog post with a warning that the rumor is "Uncooked." Harrington's M&A blog defines an "Uncooked Alert" as "Market gossip as Betaville receives it. This scuttlebutt has just come in and hasn't been checked with all of Betaville's well-informed RARE sources let alone formal journalistic channels (public relations executives, bankers etc). The rumour might be total codswallop, rubbish or nonsense - but then again there may be something in it, so it's worth airing on Betaville." Reference Link
AVD

Hot Stocks

10:36 EDT Cruiser Capital urges American Vanguard shareholders to vote for nominees - Cruiser Capital Master Fund LP issued the following statement: "This morning American Vanguard issued a sparse announcement couched as "formalizing" its "ongoing process" to refresh its Board of Directors. In reality, we believe this "TBD nominee" ploy is clearly just another attempt to rewrite the record and perpetuate the fiction that this Company would care at all about good corporate governance absent the spotlight of a contested election. Here are the facts: In its 2022 definitive proxy statement the Company claimed that its board refreshment process began in 2011. To disguise their clear indifference to proper corporate governance, today they claim the same process "began in 2018." American Vanguard's Board owns very little stock and has an average tenure of 11.5 years. As recently as May 13, the Company criticized Cruiser for being "fixated on the low turnover" of the Board - an attack seemingly at odds with today's announcement. The fact that the Company did not address any plans to separate the Chairman and CEO roles demonstrates that its focus on the "best interests of stockholders" only goes so far and does not consider separating the positions - something Cruiser believes is necessary - a priority. Today's announcement is essentially asking AVD's stockholders to "trust us" when it comes to the future composition of the Board. We believe there is no justification to warrant this trust and that stockholders would be better off voting for the certainty of Cruiser Capital's three highly qualified nominees who are fully aligned with investors and would immediately get to work fixing the Board-level governance issues that have been on full display at the Company. We ask again, what has the Board been doing for the last 11 years? AVD's total shareholder return has underperformed its peers during any relevant time period and its stock price is lower than it was a decade ago. AVD has yet to address why its EBITDA margins have declined so dramatically over the years even while its sales have doubled, and its administrative expenses have climbed with R&D spending declining as a percent of sales."
BX

Hot Stocks

10:04 EDT Blackstone REIT completes $3.7B acquisition of Resource REIT - Blackstone announced that Blackstone Real Estate Income Trust has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT for $14.75 per share in an all-cash transaction valued at $3.7 billion, including the assumption of the REIT's debt.
HIL

Hot Stocks

10:01 EDT Hill International awarded CM contract for PennDOT's I-95 CAP project - Hill International announced it was awarded a contract by PennDOT District 6-0 to provide construction management for the Central Access Philadelphia project, which will replace and expand the existing cap/bridge structures over Interstate 95 and Christopher Columbus Boulevard along the Delaware River waterfront in Center City, Philadelphia. Once complete, the CAP will support pedestrian and vehicular use, as will the extension of the South Street pedestrian bridge from the east of I-95 over Columbus Boulevard to the attractions of Penn's Landing. Work will involve reconstructing the viaduct connection between Chestnut and Market Streets at Penn's Landing, building a section of the Delaware River Trail along Columbus Boulevard, and repairs to underwater concrete piles in the Penn's Landing area. Ultimately, the cap structure will cover 12 acres of the interstate trench. This ambitious urban infrastructure project is scheduled for completion in 2026 and is estimated at $225 million in total project costs. The I-95 CAP will reconnect Philadelphia's busy Center City Waterfront with the restaurants, theaters, and shops of South Street and the Bella Vista, Society Hill, and Old City neighborhoods. The project is expected to spur an influx of private development and further renovations and expansions along the waterfront to accompany open park spaces and underground parking, pending the final design. The project is funded by PennDOT, the William Penn Foundation, and the City of Philadelphia, and will be guided by the Delaware River Waterfront Corporation, a regional economic development agency. Hill's services for the project will include implementing a project controls system; design, construction, and other document reviews and management; addressing any challenges related to public concerns and contractor claims; schedule analyses; conducting value engineering; general construction management; and other as-needed support.
UAA

Hot Stocks

10:01 EDT Under Armour falls -8.9% - Under Armour is down -8.9%, or -94c to $9.59.
JDST

Hot Stocks

10:00 EDT Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -10.1% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is down -10.1%, or -$1.15 to $10.28.
CINT

Hot Stocks

10:00 EDT CI&T falls -10.9% - CI&T is down -10.9%, or -$1.49 to $12.23.
GOGN

Hot Stocks

10:00 EDT GoGreen Investments rises 10.0% - GoGreen Investments is up 10.0%, or $1.00 to $11.01.
EBS

Hot Stocks

10:00 EDT Emergent BioSolutions rises 13.7% - Emergent BioSolutions is up 13.7%, or $3.87 to $32.21.
GB

Hot Stocks

10:00 EDT Global Blue rises 14.5% - Global Blue is up 14.5%, or 65c to $5.13.
LII

Hot Stocks

09:54 EDT Lennox boosts quarterly dividend by 15% to $1.06 per share - Lennox International said its board voted to increase its quarterly cash dividend 15% to $1.06 per share of common stock. The dividend is payable on July 15, to stockholders of record as of June 30.
JDST

Hot Stocks

09:47 EDT Direxion Daily Junior Gold Miners Index Bear 3x Shares falls -7.6% - Direxion Daily Junior Gold Miners Index Bear 3x Shares is down -7.6%, or -87c to $10.56.
HOG

Hot Stocks

09:47 EDT Harley-Davidson falls -10.3% - Harley-Davidson is down -10.3%, or -$3.69 to $32.06.
CINT

Hot Stocks

09:47 EDT CI&T falls -14.6% - CI&T is down -14.6%, or -$2.00 to $11.72.
JNUG

Hot Stocks

09:47 EDT Direxion Daily Jr Gld Mnrs Bull 3X Shrs rises 7.1% - Direxion Daily Jr Gld Mnrs Bull 3X Shrs is up 7.1%, or $3.28 to $49.60.
DPSI

Hot Stocks

09:47 EDT DecisionPoint Systems Inc trading resumes
EBS

Hot Stocks

09:47 EDT Emergent BioSolutions rises 13.6% - Emergent BioSolutions is up 13.6%, or $3.86 to $32.20.
GB

Hot Stocks

09:47 EDT Global Blue rises 14.5% - Global Blue is up 14.5%, or 65c to $5.13.
PRE

Hot Stocks

09:46 EDT Artisan Acquisition Corp trading resumes
DPSI

Hot Stocks

09:42 EDT DecisionPoint Systems Inc trading halted, volatility trading pause
PRE

Hot Stocks

09:41 EDT Artisan Acquisition Corp trading halted, volatility trading pause
VUZI

Hot Stocks

09:38 EDT Vuzix signs license agreements with Atomistic - Vuzix announced last night that it has signed a series of agreements with Atomistic SAS, a micro light emitting diode display solutions enterprise based in France. The agreements provide for an exclusive license of key micro light emitting diode technology, the design of a custom backplane and, dependent upon achievement of various technical stages, the ability to acquire the enterprise, Vuzix said in a statement.
DLPN IMAX

Hot Stocks

09:35 EDT Dolphin Entertainment, Imax enter multiyear agreement for documentaries - IMAX Corporation and Dolphin Entertainment have entered into a multi-year agreement to jointly finance the development and production of a slate of feature-length documentaries for the global market. The first project greenlit by the partners is The Blue Angels, developed and co-produced by Bad Robot Productions and Zipper Bros Films. The Blue Angels is in production and is expected to hit IMAX theaters in 2023.
LIVC

Hot Stocks

09:34 EDT Live Current Media signs LOI to acquire Guru Experience - Live Current Media announces that it has signed a non-binding letter of intent to acquire Guru Experience of San Diego in an all-stock transaction. Pursuant to the terms of the LOI, it is the intention of the parties to sign a definitive agreement within 90 days of signing of the LOI. Conditions precedent to signing of a definitive agreement include: Both parties submitting to and completing due diligence investigations. Both parties obtaining any shareholder approval required. Guru providing the most recent two fiscal years of audited financial statements. Concurrently with the signing of the definitive agreement Live Current will issue 3 million shares to the current shareholders of Guru for all their issued and outstanding shares. Guru is a market leader in digital experiences for the tourism and museum industry. These experiences include augmented and virtual reality and an NFT marketplace, which will be integrated into Live Current's existing community focused streaming application. Guru will become a subsidiary of Live Current. As part of the transaction certain key Guru employees will be joining the Live Current team, including Suzie Dergham. Ms. Dergham will be reporting directly to Mark Ollila, CEO of Live Current.
XVIPF

Hot Stocks

09:33 EDT Xvivo Perfusion says CHU Toulouse uses XVIVO technologies - The CHU Toulouse hospital in France has introduced both a liver and a lung machine perfusion program, now having the ability to significantly increase their transplant numbers. In a normal year they perform about 45 liver transplants and about 20 lung transplants and by that already fulfill the local requirement policy for organ transplantation. The machine perfusion programs also allow for utilization of organs donated after circulatory death.
ENG

Hot Stocks

09:32 EDT ENGlobal acqures Calvert Group Belgium, terms not disclosed - ENG announced the acquisition of Calvert Group Belgium and its exclusive license to patented gas to liquid technology to convert flare gas and stranded gas to synthetic liquids such as crude oil or diesel. Calvert's GTL process has been recognized by The World Bank's "Global Gas Flaring Reduction Partnership" as one of the leading technologies in small scale GTL for flare gas recovery. This patented gliding plasma GTL technology requires no pre-treatment or separation of feed gas, accommodates condensates and is low power consuming. Calvert's designs focus on standardized and truck able modules, currently in two sizes of 50 and 100 barrels per day. The GLT technology has previously been reviewed and accepted by several large E&P operators and current agreements in principle are in place with oilfield service companies in Oman and India to place a significant number of GTL plants at flare sites once the designs are finalized. The 50 BPD plant is designed to convert approximately 500,000 standard cubic feet per day of flair or stranded natural gas and the 100 BPD plant is designed to convert approximately 1,000,000 SCFD of flair or stranded natural gas. Calvert's GTL technology is a scalable system for larger flare and stranded gas sites. Considering the long lead-time components, the company believes it can deliver the first plant in six months and, when in production, could initially build in excess of 50 plants per year. The GTL plants will be built in a controlled shop environment and delivered to the flare or gas feed site for quick installation. Gas flaring, the process of burning-off associated gas from oil wells and hydrocarbon processing plants either as a means of disposal or as a safety measure, is today recognized as a major environmental problem, contributing some millions of tons of CO2 emissions worldwide. It also has major economic implications, with significant volumes of a valuable natural resource being wasted.
EVA

Hot Stocks

09:31 EDT Enviva Partners enters MOU with MOL Drybulk to deploy EFBC - Enviva and MOL Drybulk announced they have signed an additional memorandum of understanding to deploy an environmentally friendly bulk carrier, or EFBC, to reduce the greenhouse gas, or GHG, emissions in the ocean transportation of sustainable wood pellets and biofuels. Following a successful joint study phase, the EFBC is scheduled for launch in 2024 and will aim to utilize rotor sail technology developed by Anemoi Marine Technologies together with MOL's 'Wind Challenger' technology, which would both reduce emissions by harnessing wind energy, for an expected average GHG savings of about 20% in total. The 62,900-deadweight tons vessel will be built by Oshima Shipbuilding.
XPON

Hot Stocks

09:31 EDT Expion360 appoints Greg Aydelott as CAO - Expion360 has promoted Greg Aydelott to chief accounting officer. In this new position, he will oversee the company's day-to-day accounting operations, together with the CFO, and support financial reporting. Aydelott has served as the company's controller since February and brings to the CAO position more than two decades of experience in financial management and operations, including experience in the areas of accounting, budgeting, business development and strategic planning, M&A, regulatory compliance, facility construction, and customer relations.
JAGX

Hot Stocks

09:30 EDT Jaguar Health to host Take C.H.A.R.G.E launch event - Jaguar Health is hosting a special media event and performance in New York City on Monday, May 23rd, 2022 from 12:30 to 2:30 PM Eastern to celebrate the launch of the Jaguar Health Canine Cancer: Take C.H.A.R.G.E. initiative - the first-ever U.S. Canine Cancer Registry and Cancer Care index - because protecting dogs from cancer begins with knowing its impact by breed, type, age, gender, and location.
MEDS

Hot Stocks

09:29 EDT Bonum Health launches veterinary telemedicine servics - TRxADE HEALTH announced that Bonum Health, a Digital Healthcare business subsidiary, has launched Tele-Veterinary services for pets. The company, which offers nationwide telemedicine services for humans, will now add a digital veterinary clinic, staffed by veterinarians to its platform and will begin catering to cats and dogs in limited markets. Company officials revealed its first three markets, Illinois, New York, and Pennsylvania and with the number of vets that are undergoing its stringent credentialing process, it aims to offer services across more states within the upcoming months. The company pointed out that it has adopted the requisite protocols to ensure full compliance with AVMA guidelines in the states in which it serves pets.
ZTEK

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09:28 EDT Zentek's Rapid Diagnostic Platform receives two NSERC grants - Zentek is pleased to announce that McMaster University has received two Natural Sciences and Engineering Research Council grants related to the aptamer-based rapid detection technology exclusively licensed by Zentek pursuant to its licence agreement dated April 11, 2021 with McMaster: The Alliance Missions Grant for the amount of $1,000,000, and an Idea to Innovation Grant for the amount of $350,000 of which Zentek will make a $140,000 contribution. Both of these awards are the maximum awarded under each respective grant program, with disbursements delivered over the next two years.
ADIL

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09:26 EDT Adial enters research collaboration with Medical College of Wisconsin - Adial Pharmaceuticals announced that Purnovate has entered into a research collaboration with the Medical College of Wisconsin, a leading medical school, and Dr. John Auchampach, PhD, Professor and Vice Chair of the Department of Pharmacology and Toxicology. The goal of the collaboration is to further evaluate the Company's proprietary adenosine analogs as potential treatments for diabetes and non-alcoholic steatohepatiti. NASH is the most severe form of non-alcoholic fatty liver disease involving liver inflammation that can lead to life-threatening cardiovascular co-morbidities. Under the agreement, Dr. Auchampach and his team will test Purnovate's adenosine compounds in preclinical models with the goal of further validating the potential of Purnovate's compounds as a treatment for diabetes and NASH.
GNRC

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09:25 EDT Generac, PosiGen announce program to expand access to clean energy - Generac Grid Services, a subsidiary of Generac Power Systems, and PosiGen announced they will expand access to clean energy storage through a new program that offers state-of-the-art battery backup and load-management systems to residents. The program, believed to be a first of its kind in the nation, will also provide power back to the electrical grid, helping to increase grid stability, while reducing reliance on fossil fuels. Through the program, which will be facilitated by Generac Grid Services, PosiGen's solar customers in Connecticut will be able to obtain a Generac PWRcell battery and Generac PWRmanager load management system to pair with existing solar panels, to provide power to customers' homes when the grid goes down. Additionally, when tied to the grid and not providing backup power to the home, the PWRcell battery can be configured to provide up to 18kWh of usable energy back to the grid to help manage peak demand.
KSS

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09:24 EDT Kohl's sees FY22 gross margin down 100-125bps
KSS

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09:24 EDT Kohl's expects sales trends to strengthen for balance of year
GNUS

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09:23 EDT Genius Brands sees Marvel transaction at 'transformational' - Genius Brands International provided a business update in the form of a letter to shareholders from the Company's Chairman & CEO: "Yesterday, we announced a 20 year deal with Marvel Entertainment and the Walt Disney Company, in which we licensed Marvel the rights to use STAN LEE in television, motion pictures, and theme park experiences. We also licensed them the right to create Stan Lee Merchandise and Consumer Products to be sold in the Walt Disney theme parks, cruise ships, and entertainment venues. We believe this is a transformational transaction for Genius Brands for several reasons. In addition to the license fees from Marvel and ongoing merchandise royalties from Disney, this deal ensures that Stan Lee will remain a fixture in the Marvel universe and Disney theme park experiences for at least the next 20 years. Through digital technologies, VR, and archival footage, fans around the world will once again delight in the magic of this extraordinary man who created endless iconic characters from Spiderman to Iron Man, Incredible Hulk, Thor, Captain America, the Fantastic Four, Black Panther, Guardians of the Galaxy, Captain Marvel, Ant Man, and Silver Surfer, among many others. In fact, Stan Lee created/co-created 14 of the top 40 box office hits of all time, including the #1 Box Office movie of all time, THE AVENGERS ENDGAME. We know that in Marvel's thoughtful hands, the legacy of this great man, will be represented respectfully and with the dignity and humor that those of us who worked with and loved him would have wanted. MOST IMPORTANTLY, however, as Genius Brands prepares to release never before seen Stan Lee IP, this transaction with Marvel and Disney will help ensure continuous exposure for the upcoming STAN LEE content brand and consumer products created and licensed by Genius Brands on behalf of STAN LEE UNIVERSE, LLC. We have been fortunate to engage Michael Uslan, Executive Producer of the BATMAN franchise and longtime friend and collaborator of Stan, as well as Greg Hildebrand, celebrated artist known for the iconic STAR WARS poster, to lead the storytelling and design of Stan's last creations, which are moving forward from development to production. They are part of a larger program that includes retail, consumer products, customized fan experiences, and a broad presence at this year's San Diego Comicon, in July. In addition, we will be launching our first STAN LEE NFTs this year, concurrently with the STAN LEE CENTENNIAL occurring on December 28."
IMAX DLPN

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09:22 EDT Imax, Dolphin Entertainment to jointly develop slate of documentaries - Imax Corporation (IMAX) and Dolphin Entertainment (DLPN) have entered into a multi-year agreement to jointly finance the development and production of a slate of feature-length documentaries for the global market. The first project greenlit by the partners is The Blue Angels, developed and co-produced by Bad Robot Productions and Zipper Bros Films. The Blue Angels is in production and is expected to hit IMAX theaters in 2023.
AMRZF

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09:21 EDT Arena Minerals reports pond construction underway at Sal de la Puna - Arena Minerals is pleased to announce evaporation pond construction is underway at its Sal de la Puna Project located in the Pastos Grandes basin within Salta province, Argentina. The evaporation pilot pond shall cover a total of 10,000 m2; designed to produce greater than35% lithium chloride from SDLP raw brine. Initial grading and compaction of the total 10,000 square metre area has been completed on the Almafuerte claim block. The area is dominated by the Blanca Lila formation which consists of over 20 metres of sandy clay that is not saturated with brine or water. Compaction indexes appear favourable and it is anticipated that berms shall be constructed without the addition of coarser material to enhance slope stability. Based on these soil qualities, the current design uses 1mm HDPE liner installed directly on the compacted natural clay without a geotextile layer commonly employed in the region. Eduardo Morales, Executive Chairman of Arena, commented, "the 10,000 square metre pond serves more than one key purpose. The first is to prove our process in a large continuous operation that will closely emulate a production facility, and the second is to provide solid engineering parameters for the construction of the larger facility. We are very pleased with the soil mechanics and anticipate the entire Blanca Lila formation to be suitable for cost efficient construction of evaporation ponds. The selected location of the ponds, alongside our current drilling and off the salar surface that tends to flood in the early summer months, could be an ideal set up." Construction is 30% complete. The pond is scheduled for completion and filling with raw brine in Q3 2022
JAMF

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09:20 EDT Jamf Holding announces security, privacy management system certifications - Jamf recently achieved certification against the ISO/IEC 27701:2019 standard for the first time. In addition, Jamf successfully maintained certification against the ISO/IEC 27001:2013 standard. The positive audit conclusion against both standards was issued by an accredited certification body for these management system standards, Coalfire Certification. The scope of both certificates comprise operations supporting the Jamf Pro, Jamf Now, Jamf School and Jamf Protect solutions in Jamf's locations across Minneapolis, Eau Claire, Katowice and Emmen.
F

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09:20 EDT Ford recalling 39,013 Expedition and Navigator SUVs in the U.S. - Ford Motor Company is advising customers of certain 2021 Ford Expedition and Lincoln Navigator SUVs - built over a four-month period between late 2020 and early 2021 - to park their vehicles outside and away from structures while Ford investigates the cause of under hood fires. Responding to 16 reported incidents, Ford is recalling 39,013 Expedition and Navigator SUVs in the U.S. built between Dec. 1, 2020 and April 30, 2021. These vehicles may pose a risk of under hood fire, including while the vehicle is parked and off. As of Ford's filing with NHTSA, there have been no reported incidents with vehicles built before or after these dates. Ford, which began investigating the issue on March 24, 2022, has not yet established a cause. The incidents are believed to originate in the rear of the engine compartment near the passenger side of the vehicle. Fourteen of these incidents occurred on vehicles owned by rental companies across multiple locations and two were retail customer vehicles. Of the 16 incidents, 12 reportedly occurred while the vehicle was parked and off, one reportedly while the vehicle was parked and on, and three reportedly while the vehicle was in motion. Ford has not issued instructions to stop driving vehicles under this recall and is not aware of any accidents related to this issue. The company is aware of one reported injury.
NETI

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09:19 EDT Eneti announces purchase of common shares by Scorpio Holdings - Eneti announced that Scorpio Holdings Limited, a related party, has purchased 260,774 common shares of the Company at an average price of $6.53 per share in the open market. The Company currently has 40,738,704 common shares outstanding, of which SHL and its affiliates own 8,003,259 or 19.65%.
ALSN

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09:19 EDT Allison Transmission to provide propulsion solutions for Army vehicles - Allison Transmission will support multiple customers through the U.S. Army's newest tactical wheeled vehicle program named the Common Tactical Truck - CTT -. CTT has the potential to field more than 7,000 new vehicles once full rate production begins, representing over $150M in revenue for Allison's defense end market. The U.S. Army has proposed replacing most variants in its heavy tactical wheeled vehicle fleet with a single platform that shares a common powertrain, chassis, and cab. The CTT program will leverage advancements from the commercial vehicle industry including driver safety systems, off-road mobility, predictive maintenance, and increased fuel efficiency. Prototype vehicle testing will begin in late 2023 with an award decision occurring as early as 2025. Allison will support the CTT program's fuel efficiency targets by incorporating propulsion systems equipped with FuelSense 2.0, a set of software and electronic controls that aim to deliver fuel savings without sacrificing performance.
NOVN

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09:18 EDT Novan to present berdazimer gel 10.3% clinical data - Novan announced it will present Beginning of The End clinical data from its previously completed Phase 3 trial of berdazimer gel, 10.3% for molluscum contagiosum, B-SIMPLE4, at the Annual Meeting of the Society for Investigative Dermatology being held May 18-21, 2022 in Portland, Oregon. Berdazimer gel, 10.3%, containing the new chemical entity berdazimer, is in late-stage development and poised as a potential first-in-class topical controlled-nitric oxide releasing medication for the treatment of molluscum, a highly contagious viral skin disease affecting an estimated 6 million people in the US, mostly children, if approved. In June 2021, Novan reported statistically significant positive topline results for the primary efficacy endpoint of complete clearance of all treatable lesions in its B-SIMPLE4 pivotal Phase 3 clinical study of berdazimer gel, 10.3% for the treatment of molluscum. Additionally, and consistent with results from the Company's prior Phase 2 and Phase 3 studies, berdazimer gel, 10.3% was found to be well tolerated in the B-SIMPLE4 study and met Company expectations. No treatment-related serious adverse events were reported. BOTE sign observed in molluscum patients is known to be a sign of resolving molluscum contagiosum infection, but BOTE was never prospectively studied. Based on Novan's B-SIMPLE4 study data, patients with a positive BOTE sign at baseline had greater lesion reduction and clearance by Week 12 than patients with no BOTE or a negative BOTE sign at baseline, supporting the hypothesis that BOTE sign predicts molluscum contagiosum resolution. Patients who were both BOTE+ at baseline and treated with berdazimer gel, 10.3% had the greatest chance of molluscum clearance. The mechanism by which nitric oxide release hastens molluscum clearance is unknown but may be due in part to immunomodulatory activity as indicated by induction of BOTE, although other mechanisms may be involved. There are currently no FDA approved prescription therapies for the treatment of molluscum. The Company believes that berdazimer gel, 10.3% as a topical, prescription, self- or caregiver-applied therapy with a rapid treatment benefit, if approved, would satisfy an important patient-care need for the treatment of molluscum.
GOOG...

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09:17 EDT AMD selects Google Cloud to provide additional scale for chip design workloads - Google Cloud (GOOG;GOOGL) and AMD (AMD) announced a technology partnership in which AMD will run electronic design automation, EDA, for its chip-design workloads on Google Cloud, further extending the on-premises capabilities of AMD data centers. AMD will also leverage Google Cloud's global networking, storage, artificial intelligence, and machine learning capabilities to further improve upon its hybrid and multicloud strategy for these EDA workloads. "Leveraging the Google Cloud C2D instances powered by 3rd Gen EPYC processors for our complex EDA workloads has helped our engineering and IT teams tremendously. C2D has allowed us to be more flexible and provided a new avenue of high-performance resources that allows us to mix and match the right compute solution for our complex EDA workflows," said Mydung Pham, corporate vice president, Silicon Design Engineering, at AMD. "We're happy to work with Google Cloud to take advantage of their wealth of cloud features and the capabilities of 3rd Gen EPYC."
JJSF

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09:17 EDT J & J Snack Foods to acquire Dippin' Dots for $222M - J&J Snack Foods announced that it has entered into a definitive agreement to acquire Dippin' Dots, L.L.C., a leading producer of flash-frozen beaded ice cream treats, for $222 million, subject to customary purchase price adjustments. The transaction will be funded through a combination of cash and senior debt financing and is expected to be accretive to J&J's annual operating results and is anticipated to close by the end of June 2022, subject to customary closing conditions. An ice cream industry pioneer, Dippin' Dots uses an innovative and patented cryogenic freezing process to create unique "beaded" ice cream, yogurt, sherbet, and flavored ice products enjoyed by millions of consumers. The company sells its products through national accounts, local accounts, and a franchise network with over 140 franchisees. Dippin' Dots is headquartered in Paducah, KY, along with a main production facility, warehousing, distribution, and administrative offices. The Company also leases four additional frozen warehouses strategically located in California, Canada, Australia, and China. Ken Plunk, J&J Snack Foods Chief Financial Officer added "Dippin' Dots presents an opportunity to acquire a company that aligns with our focus on accelerating growth while delivering incremental shareholder value. Financially, we are leveraging our strong balance sheet and healthy liquidity position to acquire a profitable and scalable business that complements our long-term growth strategy. We expect this transaction to be accretive to our Earnings per Diluted Share in the range of $0.30 to $0.40 per share in the first 12 months after closing. This acquisition also provides significant tax benefits contributing to an even more attractive overall valuation."
FBIZ

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09:16 EDT First Business' CFO Ed Sloane to retire March 2023, CAO Spielmann to succeed - First Business Financial announced that CFO Edward Sloane, Jr. intends to retire on March 31, 2023 and that the company plans to name Chief Accounting Officer Brian Spielmann to succeed him as CFO effective the same date. Spielmann will serve as Deputy CFO and Chief Accounting Officer until he succeeds Sloane as CFO of the holding company and First Business Bank on March 31. Prior to being named Chief Accounting Officer in 2020, Spielmann held a number of progressive financial leadership roles after joining First Business Bank in 2006.
NRC MSFT

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09:16 EDT National Research Corporation appoints Parul Bhandari to board - National Research Corporation announced the appointment of Parul Bhandari to its Board of Directors, effective immediately. Since 2012, she has held various leadership roles at Microsoft. Currently, she is the Director, Partner Strategy, Worldwide Media and Communications.
MCHP

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09:15 EDT Microchip introduces Precise Time Scale System - Microchip Technology announces its Precise Time Scale System, a world-class timing system that is traceable to Universal Coordinated Time and not dependent on GNSS-providing nations, institutions, critical infrastructure operators and scientific labs with complete control over the time source that their infrastructure depends on. The Precise Time Scale System is a fully integrated system capable of providing timing accuracies comparable to the world's best national laboratories. The core products integrated into the PTSS are: SyncSystem 4380A Time Scale Edition generates an autonomous time scale derived from combining sever al highly accurate independent clocks with a multi-channel instrument for measuring and comparing clock performance. Time Scale Orchestrator is a software platform providing a unified view with a built-in database that integrates the management, monitoring, alarming, and reporting functions of the individual prod ucts that form the time scale system. 5071A Cesium Clock Primary Frequency Standard and MHM 2020 Active Hydrogen Maser are Microchip's atomic clocks which provide accurate and stable frequencies that are continuously measured against each other to compute and generate the ensemble time scale frequency.
NVEI

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09:14 EDT Nuvei to support Betsson in online sportsbook launch in the U.S. - Nuvei Corporation announces that it has partnered with Swedish-based online gaming operator Betsson Group to enable instant deposits and withdrawals on its proprietary online sportsbook in Colorado, in the U.S. which it launched under the brand name, Betsafe. Through its Instant Bank Transfer product, Nuvei is enabling players on the Betsafe online sportsbook to instantly deposit into their gaming accounts directly from their bank account. Players will also benefit from instant withdrawals, which enable them to receive their winnings straight into their bank account in real-time, 24/7. Nuvei Instant Bank Transfer's industry-leading player experience also tokenizes players' financial details when a first transaction is completed, meaning players are able to deposit or request a payout via a 'single click' payment method.
HON EADSY

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09:14 EDT Honeywell's Flight Management System selected by Airbus - Honeywell's (HON) Flight Management System, FMS, has been selected by Airbus (EADSY) to meet the air traffic management needs of the future A320, A330 and A350 aircraft. With the new FMS, airline customers will achieve operational efficiency, reliability, and safety. Additionally, the new FMS also incorporates connectivity with the outside world, including Electronic Flight Bags, to ease pilot workload and enhance fuel savings with the use of real-time data. "This win for Honeywell is a testament to Airbus' confidence in our avionics systems," said Jim Currier, president, Electronic Solutions, Honeywell Aerospace. "The new FMS combines multiple current FMS offerings for Airbus into one single solution for their A320, A330 and A350 platforms. Importantly, the new FMS hardware is 15 times more capable than current hardware and enables a path to future enhancements without hardware changes. Honeywell has been supplying flight management systems since Airbus' first A300 went into service, and this win will extend our 35-year partnership well into the future." The FMS will be offered as a single standardized hardware and software platform that can be used across the Airbus A320, A330 and A350 aircraft fleet with expected entry into service by end of 2026. A retrofit solution based on the same core hardware and common software is also planned for the A320 and A330 fleet of aircraft. An FMS provides the primary navigation, flight planning, and optimized route determination and enroute guidance for an aircraft.
HOG

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09:14 EDT Harley-Davidson sinks 10% after suspending all vehicle assembly - Shares of Harley-Davidson are moving lower after the company said it suspended yesterday all vehicle assembly and shipments, excluding LiveWire, for a two-week period. "This decision, taken out of an abundance of caution, is based on information provided by a third-party supplier to Harley-Davidson late on Tuesday (5/17) concerning a regulatory compliance matter relating to the supplier's component part," Harley-Davidson noted in a statement. Shares of the company are down 10%, or $3.75, to $32.00 in premarket trading.
KSS

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09:13 EDT Kohl's sees sequential growth in Q2, positive improvement in 2H
BIOR

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09:13 EDT Biora Therapeutics announces patents for targeted therapeutics platform - Biora Therapeutics announced a new patent related to its Drug Delivery System platform under development. The USPTO has issued U.S. Patent No. 10,835,152 entitled, "Electromechanical pill device with localization capabilities" and allowed U.S. Application No. 15/940,407 entitled, "Localization systems and methods for an ingestible device." Their European counterparts, European Patent numbers EP3197336 and EP3600009, have also granted. The three patents and one allowed application are directed to ingestible devices capable of auto locating in the gastrointestinal tract using reflected light emitted from the device. The technology is broadly applicable to any ingestible device, whether the device is for sampling, diagnostics, or drug delivery. Biora's intellectual property covers the use of reflected light for autolocation by an ingestible device. This technology, as used in Biora's DDS capsule for its lead program, is designed to deliver a therapeutic dose to predefined locations in the lower GI tract, while simultaneously limiting degradation or systemic absorption in the upper GI tract. The proprietary autolocation technology is based on anatomical features that are consistent between humans and functions independently of physiological conditions such as pH, motility, pressure, and bacterial enzymes, which can vary greatly between individuals and disease states. The device's autolocation is designed to function autonomously, without reliance on external devices or magnets, and is cost-effective to build, without cameras or other complex electronic systems. The DDS platform can deliver liquid drug formulations, including peptides and proteins, which are difficult to formulate into orally available forms. The device has been used successfully in a human trial, and a clinical device performance study in active ulcerative colitis patients is currently recruiting.
ORA

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09:13 EDT Ormat Technologies signs two PPAs with NV Energy - Ormat Technologies announced the execution of two Power Purchase Agreements between two of its subsidiaries and NV Energy. Under the first PPA, signed in 2021, NV Energy will purchase 25 MW of power over 25 years generated by the North Valley Geothermal Project, a new facility expected to come online by early 2023. Additionally, NV Energy will purchase up to 135 MW of power generated by a portfolio of the Company's new and existing geothermal power plants under a PPA signed this week. Both PPAs are subject to the Nevada Public Utility Commission's approval. Energy deliveries under the portfolio PPA are expected to start in the fourth quarter of 2024 and the entire portfolio is expected to be online by the end of 2028. The portfolio PPA has a contract capacity of 120 MW, with a minimum capacity of 105 MW and maximum potential capacity of 135 MW. The portfolio PPA is for a term of 25 years from the end of the final development period, ending December 31, 2053. The portfolio PPA covers facilities in northern Nevada, and is comprised of both new projects currently under construction or in development as well as existing facilities. These Nevada projects will supply renewable energy to NV Energy and help it meet its renewable energy targets while supporting increasing customer demand for round the clock clean energy. Not only will these PPAs drive the development of more clean energy to serve Nevadans, but they will also support continued partnership with the International Brotherhood for Electric Workers Local 401.
AEP

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09:12 EDT American Electric releases 2022 Corporate Sustainability Report - American Electric Power has issued its 2022 Corporate Sustainability Report, an annual assessment of its performance as a public company and a community partner. This report marks AEP's 16th year of environmental, social and governance, ESG, disclosure, demonstrating its commitment to reporting the company's progress toward a sustainable energy future. "As the economy embraces electrification to decarbonize the climate, our responsibility is to deliver clean, reliable and affordable electricity that is secure and resilient. At AEP, we add to that an obligation that the grid of the future provides equitable access for all its users. Our commitment to reach net-zero carbon emissions by 2050 is unwavering. We've already made significant progress and also committed to a just transition for our employees and our communities with a focus on inclusiveness, equity and collaboration," said Nicholas Akins, AEP's chairman, president and chief executive officer, in the report's introduction.
KSS

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09:12 EDT Kohl's to raise prices 'where appropriate'
DPDW

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09:12 EDT Koil Energy receives order for hydrogen energy services - Koil Energy Solutions announced the receipt of an order to provide hydrogen energy related services. Following its recent rebrand, this is the company's first commercial success in support of the energy transition. The project will initially focus on storage, management and enhancement of customer furnished materials utilizing Koil's alloy welding and other fabrication capabilities. Following validation of early-stage activities, future phases could lead to systems integration activities potentially including the commissioning of systems being developed for the retail consumer market.
RFL

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09:11 EDT Rafael Pharmaceuticals announces name change to Cornerstone Pharmaceuticals - Rafael Pharmaceuticals announced that it is changing its name to Cornerstone Pharmaceuticals, its original company name. All company branding, including the website and logo have been updated accordingly. The company's clinical trials in Burkitt's lymphoma, biliary tract cancer and clear cell sarcoma are continuing to meet enrollment and data milestones. To date, the U.S. Food and Drug Administration has designated devimistat as an orphan drug for the treatment of Burkitt's lymphoma, biliary tract cancer and soft tissue sarcoma. The European Medicines Agency has granted orphan drug designation to devimistat for Burkitt's lymphoma. New trials in the pipeline for hematologic and solid tumors will launch in Q2 and Q3 2022.
NURO

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09:10 EDT NeuroMetrix's Quell wearable device receives FDA De Novo authorization - NeuroMetrix announced U.S. Food and Drug Administration De Novo authorization to market the Quell neuromodulation device as an aid for reducing the symptoms of fibromyalgia in adults with high pain sensitivity. The Company received FDA Breakthrough Designation for the use of Quell to treat fibromyalgia in July 2021. Fibromyalgia is a chronic condition characterized by generalized pain, fatigue, poor sleep, memory and concentration impairments, mood disorders and other disabling symptoms. These individuals experience low health-related quality of life and are twice as likely to be hospitalized as someone without fibromyalgia. The prevalence of fibromyalgia is estimated to be 2 to 6 percent of the U.S. adult population. The cause of fibromyalgia remains unclear, but scientific studies point to abnormalities in the way the central nervous system processes normal sensations and pain. Although a number of drugs are used to treat fibromyalgia only pregabalin, duloxetine and milnacipran have been approved by the FDA. These drugs are associated with side effects and generally poor adherence. Prior to Quell, the FDA had not approved or cleared any medical devices for treatment of fibromyalgia. The data submitted by NeuroMetrix in support of the De Novo request included results from a double-blind, randomized, sham-controlled trial. A total of 119 subjects with fibromyalgia were enrolled and randomized to a standard or modified Quell device for 3-months of at-home use. In a pre-specified subgroup analysis of subjects with high pain sensitivity, Patient Global Impression of Change was 1.25 points higher in the active arm compared to the sham arm. PGIC was the primary study outcome measure and represents a subject's overall belief about the efficacy of treatment on a 7-point categorical scale. The high pain sensitivity subgroup was defined based on Quantitative Sensory Testing and should represent the majority of fibromyalgia patients in real-world practice. In the intention-to-treat analysis of all randomized subjects, multiple secondary outcome measures were positive. For example, 57% of those on active treatment exhibited a clinically meaningful improvement in health-related quality-of-life compared to 34% that received sham treatment. Subjects in the active treatment arm reported statistically significant improvements in 19 of the 21 symptoms comprising the FIQR instrument, including pain, sleep, fatigue, balance and the ability to carry out typical daily activities. Some of the trial results were published in the Journal of Pain Research recently. A total of 9 adverse events were reported during the study and deemed to be definitely or possibly related to device use. All events were minor and self-limited. The most common occurrence was a rash under the Quell electrodes.
ESTC AMZN

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09:10 EDT Elastic expands collaboration with Amazon Web Services for Elastic Cloud - Elastic announced an expansion to its collaboration with Amazon (AMAZN) Web Services, or AWS. The two companies will work to build, market, and deliver access to Elastic Cloud on AWS. Areas of collaboration include expanding competencies to ease migration to Elastic Cloud on AWS, simplifying onboarding to Elastic Cloud on AWS and streamlining data ingestion, and new go-to-market initiatives. Elastic will focus on delivering an enhanced integration for account creation and setup that reduces the initial setup time for Elastic Cloud on AWS. As part of a pre-existing technical collaboration driven by customer demand, the companies have already completed more than 20 integrations to streamline data ingestion into Elastic Cloud on AWS. The two companies will also invest in joint go-to-market initiatives, including a free 7-day trial through the AWS Marketplace, and Elastic offering competitive pricing for its products listed on AWS Marketplace.
HOG

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09:09 EDT Harley-Davidson suspends vehicle assembly, shipments for two-week period - Yesterday, Harley-Davidson took the decision to suspend all vehicle assembly and shipments for a two-week period. This decision, taken out of an abundance of caution, is based on information provided by a third-party supplier to Harley-Davidson late on Tuesday concerning a regulatory compliance matter relating to the supplier's component part.
ENG

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09:09 EDT ENGlobal acquires Calvert Group Belgium, GTL technology - ENG announced the acquisition of Calvert Group Belgium and its exclusive license to patented gas to liquid, or GTL, technology to convert flare gas and stranded gas to synthetic liquids such as crude oil or diesel. This patented gliding plasma GTL technology requires no pre-treatment or separation of feed gas, accommodates condensates and is low power consuming. Calvert's designs focus on standardized and truck able modules, currently in two sizes of 50 and 100 barrels per day, or BPD. The 50 BPD plant is designed to convert approximately 500,000 standard cubic feet per day, or SCFD, of flair or stranded natural gas and the 100 BPD plant is designed to convert approximately 1,000,000 SCFD of flair or stranded natural gas. Calvert's GTL technology is a scalable system for larger flare and stranded gas sites. Considering the long lead-time components, the company believes it can deliver the first plant in six months and, when in production, could initially build in excess of 50 plants per year. The GTL plants will be built in a controlled shop environment and delivered to the flare or gas feed site for quick installation.
BANR

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09:08 EDT Banner Corp. says shareholders approved all proposals at annual meeting - Banner Corporation announced that shareholders approved all proposals and re-elected all director nominees at its 2022 Annual Meeting of Shareholders held virtually on May 18, 2022.
RNAZ

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09:07 EDT Transcode Therapeutics acquires option for radiotheranostic technology - TransCode Therapeutics is pleased to announce its execution of an option agreement giving TransCode the right to negotiate an exclusive, worldwide, royalty-bearing license related to a radiotheranostic technology disclosed in patent application PCT/US2021/057912 entitled THERAPEUTIC, RADIOLABLED NANOPARTICLES AND METHODS OF USE THEREOF. Invented by TransCode Co-Founder and CTO, Dr. Zdravka Medarova, and her colleagues at Massachusetts General Hospital, the technology represents another potential advancement in the diagnosis and treatment of cancer. The use of radioisotopes is a emerging approach for many drug development companies in the treatment of cancer. There are a range of carriers from antibodies to small molecules that can be used to localize, penetrate and persist in tumors. TransCode is prosecuting the continued development of its iron-oxide based nanoparticle RNA delivery platform, dubbed TTX. Just as TTX has the potential to improve on the intracellular delivery of RNA therapeutics over existing lipid-based systems, TransCode believes TTX has the potential for efficient localized penetration of radioisotopes inside tumor cells. Future demonstration of these tools could enable multimodal approaches to the diagnosis and treatment of cancer. TransCode expects to submit an exploratory investigational new drug, or eIND, application to conduct a Phase 0 First-in-Human clinical trial with radiolabeled TTX-MC138 in patients with Stage IV solid tumors in the second half of 2022.
BTBT DGHI

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09:07 EDT Bit Digital announces interruptions to certain hosting partners' operations - Bit Digital (BTBT) announced updates related to its hosting partners' operations. Hosting partner Blockfusion USA advised the company that the substation at its Niagara Falls, NY facility was damaged by an explosion and subsequent fire, and power was cut off to approximately 2,515 of Bit Digital's bitcoin miners and approximately 710 ETH miners that had been operating at the site immediately prior to the incident. There is not believed to have been any material damage to the mining center building or to the Company's miners. The explosion and fire are believed to have been caused by the power utility. Blockfusion and the Company intend to pursue claims including seeking reimbursement for lost revenue. Blockfusion is working with its insurer and National Grid to restore power as quickly as possible. Operations are hoped to resume within a few weeks, but at this time there can be no assurances as to timing. Bit Digital management continues to monitor the situation and Blockfusion's pursuit of claims. Hosting partner Digihost Technology (DGHI) has advised the company that a cut in power to its North Tonawanda, NY site has resulted in approximately 1,580 of our miners going offline, citing the need for additional approvals from the power authorities. Digihost has made the applications and expects initial feedback this month. Digihost also continues to await approval from the New York Public Service Commission in order to complete its acquisition of the site's 60MW power plant; at this time there can be no assurances as to timing. Bit Digital management continues to monitor the situation.
FFIC

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09:06 EDT Flushing Financial sponsors United Way of Long Island SunFunders Challenge - Flushing Financial Corporation announced it sponsored the United Way of Long Island's SunFunders Challenge that was held at the North Hempstead Country Club.
HLBZ

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09:06 EDT Helbiz partners with Austrlia-based allogio for e-scooter rental - Helbiz expands its e-scooter offerings to the Asia Pacific region for the first time through a strategic trial with alloggio, an operator of short-term rental accommodations in Australia. The program will begin in June, deploying at least 100 e-scooters to alloggio guests and staff, initially in Queensland, Australia, with plans for expansion into other tourism hotspots across the eastern coast of Australia. Leading Helbiz's newest region is Mitchell Price. As Regional Managing Director for Helbiz in the Asia Pacific Region, Mitchell will oversee the operations and expansion of Helbiz's micro-mobility program. Prior to joining Helbiz, Mitchell was Chief of Staff to an Australian Member of Parliament and senior executive for Lime and Superpedestrian in the APAC. Helbiz will initially provide scooters at some of alloggio's major holiday destination hubs including Noosa, Brisbane, and Magnetic Island in Queensland. The e-scooters are powered by 100% clean energy. The scooter ride can be started and paid for through the Helbiz app.
NN

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09:06 EDT NextNav, Vizsafe partner for vertical location services - NextNav partnered with Vizsafe to add vertical location services to its Geoaware platform. By integrating with NextNav's Pinnacle Network, Vizsafe is able to provide its clients across public safety and emergency service sectors with a more clear picture of the z-axis location of its workforce, visitors, and resources, even across multi-story buildings. Vizsafe provides solutions via its Geoaware intelligence and awareness platform to power "smart" facilities, venues and cities with AI driven mobile apps, communications, incident and visitor management. The integration of NextNav's Pinnacle service enhances the Geoaware platform with actionable vertical location capabilities to bolster response and reduce risk for both first responders and the public.
FSLY

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09:05 EDT Fastly acquires Glitch, terms undisclosed - Fastly announced it has acquired Glitch, a developer platform where more than 1.8M developers innovate, create, and share full-stack web apps without having to run the infrastructure or manage tools themselves.
MTH

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09:05 EDT Meritage Homes extends partnership with Operation Homefront - Meritage Homes announced that it has renewed and extended its partnership with Operation Homefront, a leading national nonprofit organization dedicated to building strong, stable, and secure military families. Together, the organizations will place three deserving military families into brand new, mortgage-free and energy-efficient Meritage homes in the Houston, Nashville and Tucson metro areas. This is the ninth year Meritage Homes has built and donated homes to Operation Homefront through the Permanent Homes for Veterans program. In total, the company will have donated 17 homes to military families once these houses are completed later this year.
JBLU SAVE

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09:04 EDT JetBlue responds to Spirit Airlines board recommendation to shareholders - JetBlue (JBLU) issued the following statement in response to the Spirit Airlines (SAVE) board recommendation: "It's no surprise that Spirit shareholders are getting more of the same from the Spirit Board. The Spirit Board, driven by serious conflicts of interest, continues to ignore the best interests of its shareholders by distorting the facts to distract from their flawed process and protect their inferior deal with Frontier. Regarding regulatory approval, Spirit would have you ignore the current regulatory climate to think that approval of their Frontier deal is assured. That is simply not true. Both deals are subject to regulatory review, and both deals have a similar risk profile. Spirit shareholders recognize that and are showing great interest in hearing more about our superior offer and the regulatory commitments and protections we have made, including a reverse break-up fee. Frontier offers less value, more risk, and no regulatory commitments, despite a similar regulatory profile. We are confident that as we continue to share the facts directly with Spirit shareholders, they will be even more perplexed than they already are about why the conflicted Spirit Board has refused to negotiate with us in good faith. We believe that the Spirit shareholders will make their views known by voting against the Frontier offer and tendering their shares into our offer."
KSS

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09:04 EDT Kohl's planning to repurchase at least $1B of shares in 2022 - Kohl's said $500M is expected to be repurchased through an ASR program executed in Q2.
LESL JILL

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09:03 EDT Leslie's appoints Claire Spofford to board of directors - Leslie's announced that it has appointed Claire Spofford to its Board of Directors. Ms. Spofford is Chief Executive Officer and President of J.Jill, and serves as a member of its Board of Directors.
KSS

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09:03 EDT Kohl's expects 400 Sephora stores to open in 2022 - The company said 48 stores opened during the last week of April, nearly 300 planned in Q2 and remainder in early August. Kohl's continues to target $2B in sales by 2025 from Sephora.
CSSE

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09:03 EDT Crackle rolls out updated free app on Fire TV - Crackle announced the launch of the updated Crackle AVOD app on Fire TV. The free AVOD app is available to Fire TV US customers on all Fire TV devices. The Crackle AVOD app update includes state-of-the-art technology to deliver faster load times for the app itself as well as content screens and video playback. These backend improvements will also have an autoplay feature proven to dramatically increase user engagement, as well as a personalized content recommendation tool based on customers' previous viewing habits.
UBER GO

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09:02 EDT Uber, Grocery Outlet partner for on-demand grocery delivery across west coast - Uber Technologies (UBER) and Grocery Outlet (GO) announced they are teaming up to pilot on-demand and scheduled grocery delivery. Starting today, 72 Grocery Outlet stores across California, Oregon, and Washington are available to shop through Uber and Uber Eats. "We are excited about the long-term potential of our eCommerce initiative at Grocery Outlet and this new partnership with Uber," said RJ Sheedy, President of Grocery Outlet. "We think it's important to make our great-value products available across another platform and to a greater audience, introducing Grocery Outlet to customers who may not have shopped with us before."
KSS

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09:02 EDT Kohl's: Due diligence entering final phase
GRIL

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09:02 EDT Pokemoto to launch new LTO menu items - Pokemoto, Muscle Maker announced May 23rd as the official launch date of its newest limited time only crispy shrimp tempura with house made Gochujang honey mayo and purple rice menu options. Pokemoto now has over 40 different ingredients consumers can choose from to make their unique, customized poke bowl, burrito or salad. The combinations are virtually endless.
KSS

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09:02 EDT Kohl's: Trends in May have 'notably' improved - Kohl's says the quarter started out strong with positive low single digit comp growth through late March, but demand "considerably weakened" in April as the company lapped last year's stimulus and as consumers started to experience inflationary pressures. The 200 stores with Sephora at Kohl's shops delivered positive low-single digits comp store sales growth for the quarter, Kohl's says. Comments taken from Q1 earnings conference call.
TURN LLY

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09:01 EDT 180 Degree Capital announces closing, receipt of $12.3M in cash - 180 Degree Capital Corp. announced that it received $12.3 million, or $1.19 per share, in cash following the close of the sale of its rights to potential future milestone payments from the acquisition of Petra Pharma Corporation by Eli Lilly and Company.
EBET

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09:00 EDT EBET announces agreement with Captain Up - EBET announced an agreement signed by its subsidiary Esports Marketing Technologies with loyalty and engagement platform Captain Up. "With this deal, Captain Up will provide exciting in-play challenges, achievements, and a rewards shop for EBET brands," the company said. Captain Up CEO Uri Admon said, "This is the future of gaming: personal journeys, gamified shopping, and dynamic challenges. We are proud to join forces with the EBET family to add layers of gamification and customization that are tailored to each user in real time."
MBIO

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08:57 EDT Mustang Bio announces updated interim data on XSCID treatment - Mustang Bio announced that interim Phase 1/2 data on treatment with the same lentiviral vector used in MB-107, Mustang's lentiviral gene therapy for X-linked severe combined immunodeficiency, also known as bubble boy disease, in newly diagnosed infants under the age of two, support plans to initiate a multicenter pivotal Phase 2 trial for MB-107 under the Company's Investigational New Drug application in the second half of this year. Representing the largest cohort of infants with XSCID treated with gene therapy, the data include 23 infants with XSCID treated with the lentiviral vector at a median age of 3 months with a median follow-up of 2.6 years. Transduced autologous bone marrow CD34+ cells were generated for all patients with a median vector copy number of 0.81/cell and a median CD34+ cell dose of 9.61x106/kg. Prior to the infusion of cells, patients received busulfan targeted to a cumulative area-under-the-curve of 22 mg*hr/L. The treatment was well tolerated, and all patients experienced complete hematopoietic recovery. Severe adverse events occurred in three patients and all resolved. Seventeen patients had active infections prior to therapy, and in all cases these infections cleared. In addition, 15 patients have so far been able to discontinue intravenous immunoglobulin, and to date 14 patients have been successfully immunized. All patients are currently alive with stable vector marking in all cell lineages and without evidence of malignant transformation. The data, presented orally during the Clinical Trials Spotlight Symposium at the 25th Annual Meeting of the American Society of Gene & Cell Therapy, are from a multicenter Phase 1/2 clinical trial underway at St. Jude, UCSF Benioff Children's Hospital in San Francisco and Seattle Children's Hospital. The lentiviral gene therapy is also being assessed in a Phase 1/2 clinical trial at the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health, for XSCID patients who have been previously treated with hematopoietic stem cell transplantation and for whom re-treatment is indicated.
LMDX

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08:57 EDT LumiraDx five-minute SARS-CoV-2 Ag Ultra Test Achieves CE Marking - LumiraDx announced its SARS-CoV-2 Ag Ultra Test achieved CE Marking. The Ultra test provides digital and connected results in just five minutes with high sensitivity, making it one of the fastest and most sensitive COVID-19 antigen tests available. The LumiraDx SARS-CoV-2 Ag Ultra Test matches the same high-performance of the LumiraDx SARS-CoV-2 Ag 12 min test. In addition, the LumiraDx SARS-CoV-2 Ag Ultra Test demonstrated 95.7% positive agreement versus RT-PCR in samples collected from asymptomatic individuals. With the Omicron variant showing a much higher rate of asymptomatic carriage compared to other variants. Ron Zwanziger, LumiraDx's Chief Executive Officer explained, "Our SARS-CoV-2 Ag Ultra Test exemplifies our mission to increase access to testing and provide rapid diagnostics without sacrificing accuracy. Now, clinicians, pharmacies and other providers can use a single platform and significantly increase throughout, making a profound impact on patient workflow supported by our Platform. This innovation and advancement of our Microfluidic technology can also be applied to other tests on our Platform which we look forward to rolling out in the coming year."
STAF

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08:56 EDT Staffing 360 Solutions completes acquisition of Headway Workforce Solutions - Staffing 360 Solutions announced that it has completed the acquisition of Headway Workforce Solutions for up to approximately $14 million in a combination of stock and cash. $9 million was paid through issuance of shares of preferred stock that are convertible into approximately 3.5 million common shares, and up to $5 million cash through an earn-out. With a 35-year history and a national reach of human capital workforce solutions, Headway reported unaudited revenues of $85 million in 2021. Headway offers customized contract-based workforce solutions in all 50 states, providing full scope staffing. Headway's leading blended business service model of high-touch technology-driven-processes encompasses integral components delivered through Headway's CORE: Center for Operational and Recruitment Excellence: Recruitment & Staffing: Project-based streamlined recruiting processes and An integrated suite of HR processes from on-boarding to payroll processing. Headway's CORE is based on a foundation of proprietary and integrated processes and technologies to source the best candidates via its flexible and customizable strategy and execution. A proprietary database of three million candidates supports job search campaign management and is augmented with advanced e-recruiting technologies and integrated with a sophisticated applicant tracking system. Headway is one of the largest US providers of survey research personnel with projects in the social sciences, healthcare and marketing sectors. Its unique survey research niche is a valuable tool and differentiator in the staffing industry, providing these services in every zip code of the US.
IDAI

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08:54 EDT Trust Stamp partners with IdRAMP for biometric authentication - Trust Stamp announces a partnership with IdRamp. Together, they will launch an innovative biometric multi-factor authentication offering that can be augmented with a range of leading access management, social sign-on, and bring-your-own identity services, all through IdRamp's no-code platform.
ITRI MSFT

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08:54 EDT Itron expands collaboration with Microsoft on cloud solutions for energy - Itron (ITRI) is expanding its long-term collaboration with Microsoft (MSFT) to accelerate cloud adoption and the next generation of consumer and grid edge solutions for the utility and smart cities industries. The collaboration brings together Itron's energy management solutions and Microsoft's cloud solutions. The collaboration will address industry challenges such as greenhouse gas emissions, carbon tracking, zero carbon goals, clean energy matching, data accessibility and operational insights. The collaboration will deliver integrated solutions to measure, report and accelerate the path to net zero for utilities and their customers. Utilities will also be able to unlock additional value and data from their smart grid implementations, including new use cases such as location awareness, intelligent voltage monitoring, real-time transformer load monitoring, EV and solar awareness, active premise load shedding and more.
CTSDF

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08:54 EDT Converge Technology to acquire PC Specialists - Converge Technology Solutions is pleased to announce it has signed definitive agreements to acquire PC Specialists, Inc. d/b/a Technology Integration Group. Headquartered in San Diego, CA with 20 offices across North America, TIG specializes in optimized performance solutions and critical business support. From software and hardware procurement to discovery assessments, strategic planning, deployment, data center optimization, IT asset management and cloud computing, TIG offers custom-built IT solutions for clients around the globe, with a major presence in the United States and Canada. With 20+ branch locations, TIG serves a wide-reaching and diverse client base in enterprise, government, education, and SMB markets. Always offering a personal, consultative approach to identifying and fulfilling organizations' specific computing needs, TIG customizes innovative technology that best fits any unique infrastructure requirement. PC Specialists, Inc. d/b/a Technology Integration Group generated gross revenue1 of approximately C$423.0 million with an adjusted EBITDA of C$14.8 million for its most recently completed fiscal year ended October 31, 2021. Consideration for the purchase consists of US$74.0 million in cash to be paid at closing. Positive net working capital will also be paid out at closing. The purchase multiple is approximately 5.96 times adjusted EBITDA for the trailing twelve-month period ended October 31, 2021, after adjusting for positive working capital. The acquisition is expected upon closing to be immediately accretive to Converge, resulting in increased revenue and adjusted EBITDA.
HCI

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08:52 EDT HCI Group announces pricing of $150M offering of convertible senior notes - HCI Group announced the pricing of an offering of $150 million aggregate principal amount of 4.75% convertible senior notes due 2042 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The sale of the notes is expected to close on May 23 2022, subject to customary closing conditions. HCI also granted the initial purchasers of the notes an option to purchase up to an additional $22.5 million aggregate principal amount of the notes. The notes will be senior unsecured obligations of HCI and will pay interest semiannually at a rate of 4.75%. The notes will mature on June 1, 2042, unless converted in accordance with their terms prior to such date. Prior to March 1, 2042, the notes will be convertible only during the period beginning on, and including, March 1, 2027 and ending at the close of business on the business day immediately preceding June 7, 2027, or upon the occurrence of specified events. During the period beginning on, and including, March 1, 2042 and ending at the close of business on the business day immediately preceding the maturity date, the notes will be convertible at any time. The notes will rank senior in right of payment to HCI's future indebtedness that is expressly subordinated in right of payment to the notes; equal in right of payment to HCI's existing and future unsecured indebtedness that is not so subordinated; and effectively junior in right of payment to any of HCI's secured indebtedness to the extent of the value of the assets securing such indebtedness. The conversion rate for the notes will initially be 12.4166 shares per $1,000 principal amount of notes, which is equivalent to an initial conversion price of approximately $80.54 per share of common stock, and is subject to adjustment in certain circumstances. The initial conversion price represents a premium of approximately 25% to the $64.43 per share closing price of HCI's common stock on May 18, 2022. Upon conversion, the notes may be settled in cash, shares of HCI's common stock, or any combination thereof, at HCI's election. HCI will have the right to redeem the notes, in whole or in part, for cash at any time on or after June 5, 2025 if the last reported sale price of HCI's common stock has been at least 130% of the conversion price then in effect for at least 20 trading days during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which HCI provides notice of redemption, and at any time on or after June 7, 2027 regardless of the foregoing sale price condition, in each case at a redemption price of 100% of the principal amount being redeemed, plus all accrued and unpaid interest thereon. Also, on each of June 1, 2027, June 1, 2032 and June 1, 2037, holders of the notes will have the right to require HCI to repurchase all or any part of the notes for cash in an amount equal to 100% of the principal amount being repurchased, plus all accrued and unpaid interest thereon. HCI intends to use approximately $60.0 million of the net proceeds from the offering of the notes to repurchase shares of its common stock concurrently with the pricing of the offering with or through one of the initial purchasers or its affiliate at a purchase price per share equal to the $64.43 per share closing price of HCI's common stock on May 18, 2022, and the remainder of the net proceeds for general corporate purposes.
GNSS

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08:50 EDT Genasys receives $1.5M in LRAD orders - Genasys announced foreign military sales and international defense orders totaling $1.5 million. Managed by the Department of State and executed by the Department of Defense, the FMS program sells defense products and services to foreign countries and international organizations that strengthen the security of the U.S. and promote world peace.
USAU

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08:50 EDT U.S. Gold reaffirms commitment to support economic development in Wyoming - U.S. Gold is reaffirming its commitment to supporting economic growth in southeast Wyoming through the hiring of local contractors and engaging businesses within the area for its advanced stage gold and copper project, CK Gold Project. To date, U.S. Gold has invested approximately $3M in community contractors for its proposed project, located at the site of the historic Copper King Mine in Wyoming's Silver Crown Mining District. Additionally, the Company is on track to complete its feasibility study, secure the necessary permits, and build the mine to be fully operational by 2024. "The CK Gold Project is expected to create long-term jobs support local workers and bring together the community of Cheyenne and surrounding areas," said George Bee, President and CEO of U.S. Gold Corp. "We take economic development seriously in the communities we work in and are committed to partnering with Wyoming-based contractors to complete this important project, and help boost the region's economic prosperity."
EXLS

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08:49 EDT EXL appoints Anita Mahon as head of EXL Health - EXL announced that it has named Anita Mahon Executive Vice President and Business Head of its EXL Health business unit. In this role, Mahon will work closely with healthcare payers, providers, pharmacy benefit managers and life sciences companies to develop data-led strategies that transform healthcare delivery, payment and management. She will also continue to serve as a member of EXL's Executive Committee. Previously serving as Executive Vice President and Chief Growth and Strategy Officer, Mahon has played a central role in shaping the trajectory of EXL's healthcare business over her past two plus years with the company.
ALL

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08:49 EDT Allstate announces estimated April catastrophe losses of $316M - Allstate announced estimated catastrophe losses for the month of April of $316M or $250M, after-tax. April catastrophe losses included fourteen events, primarily wind, hail and tornados in Texas and the southeast, estimated at $299M, plus unfavorable reserve reestimates for prior period events.
ALLO

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08:48 EDT Allogene Therapeutics presents preclinical data on allogeneic CAR T cells - Allogene Therapeutics will present preclinical findings evaluating the characteristics and function of donor-derived allogeneic CAR T cells. Data showed that cells from a diverse set of younger donors had improved characteristics and better in vitro anti-tumor activity compared to cells from older donors. The study also showed that cells from patients with certain cancers generally performed suboptimally based on functional assays and often could not be used to generate viable CAR T therapies. The findings will be presented during an oral session at the 2022 American Society of Gene and Cell Therapy Annual Meeting at 10:45am ET. The study evaluated the characteristics and performance of CAR T cells derived from healthy donors aged 19 to 62, comparing the healthy donor cells to those derived from patients with cancer. Based on the analysis, CAR T cells produced from younger donors had stronger T cell phenotypes and better in vitro anti-tumor activity cytotoxicity compared to older donors. The expression of specific exhaustion and activation markers was also correlated with increased donor age and in vitro anti-tumor activity decreased with donor age. Regardless of age, the CAR T cells derived from healthy donors performed better and had a lower manufacturing failure rate compared to those derived from patients with cancer. Creating allogeneic CAR T cells from healthy donors reduces product variability; reduces the risk of manufacturing failures; and enables treatment within days, eliminating the need for bridging chemotherapy. This study provides additional evidence that younger, healthy donors may improve product characteristics and potency compared to older donors. Allogene currently has four clinical programs underway investigating the potential of AlloCAR T product candidates for the treatment of relapsed/refractory large B cell lymphoma, RR multiple myeloma and advanced renal cell carcinoma.
CALT

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08:47 EDT Calliditas Therapeutics receives positive CHMP opinion in IgA nephropathy - Calliditas Therapeutics AB announced that the Committee for Medicinal Products for Human Use, CHMP, of the European Medicines Agency, EMA, adopted a positive opinion recommending the granting of a conditional marketing authorisation for Kinpeygo for the treatment of primary immunoglobulin A, IgA, nephropathy, IgAN, in adults at risk of rapid disease progression with a urine protein-to-creatinine ratio, UPCR, greater than or equal to1.5 g/gram. If confirmed by the European Commission, EC, Kinpeygo will be the first and only approved treatment for IgAN, a rare, progressive autoimmune disease of the kidney with a high unmet need, with more than 50% of patients potentially progressing to end-stage renal disease, ESRD. Upon approval Kinpeygo, which was developed under the name Nefecon, will be marketed exclusively by STADA Arzneimittel AG. The CHMP's positive opinion will now be forwarded to the EC, which has the authority to grant a marketing authorisation for Kinpeygo in the European Union member states, and which will be adopted by Iceland, Norway and Liechtenstein. A final decision by the EC on granting a marketing authorisation is anticipated in Q3 2022. Kinpeygo is already marketed under an accelerated approval in the United States under the brand name TARPEYO.
XDSL

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08:47 EDT mPhase Technologies renews software license agreement with channel partner - mPhase Technologies announced that it has amended and renewed its primary technology contract with its channel partner for an additional three-year term. This important contract is a follow-on to the original three-year license agreement dated June 30, 2019. The agreement currently generates about $8.4 million in quarterly revenue and more than $33 million in annual revenue. Under this renewed license, the channel partner gains the right to utilize the mPhase proprietary cloud-based software as part of its platform of global business solutions. The mPhase Intelligent AI platform is a powerful system that includes real time tracking of skill development, making it highly attractive for industry-specific business training applications. In addition to a monthly software subscription, mPhase is also providing training, maintenance, updates and other support functions for a monthly fee.
WIMI

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08:45 EDT WiMi Hologram writes technical article on VR technology - WIMI Hologram Academy, working in partnership with the Holographic Science Innovation Center, has written a new technical article describing their exploration of virtual reality technology in the field of immersive recovery experience. This article follows below: For many stroke patients, if timely and effective rehabilitation training and treatment can be obtained, the patients' limb movement can be restored to realize their self-care ability. However, the traditional rehabilitation training therapy needs to match auxiliary rehabilitation training institutions and medical staff guidance, and different rehabilitation training conditions need to match the auxiliary rehabilitation medical equipment, and medical staff skills and clinical experience requirements are very high, due to the shortage of medical staff and rehabilitation patients, cause individual patients rehabilitation training time is limited, which lead to patients miss the best rehabilitation training time. Because of the current supply and demand imbalance between rehabilitation doctors and patients, new rehabilitation treatment has been introduced into the rehabilitation medical field, with the development of computer technology, and the gradual development of virtual reality has been rapidly caused the medical experts and scholars to attach great importance to and gradually apply virtual reality technology in rehabilitation training, so virtual reality rehabilitation technology arises at the historic moment. Virtual reality technology is widely used in education, entertainment, medical care, and other fields due to its interaction, immersion, and conception. In the medical field, virtual reality can provide patients with an immersive rehabilitation experience, and human-computer interaction technology can greatly improve the rehabilitation efficacy of patients. Scientists who are from WIMI Hologram Academy of WIMI Hologram Cloud, discussed the virtual reality rehabilitation technology with the limb movement function rehabilitation training of stroke patients as an example. Virtual reality technology is constantly applied in the rehabilitation training of patients, on the one hand, it reduces the traditional assisted exercise treatment mainly based on rehabilitation doctors while avoiding the irregular problems; on the other hand, it drives the consciousness of active rehabilitation training to some extent, enabling rehabilitation training in a comfortable environment. Virtual reality technology is constantly applied in rehabilitation training, also mainly reflected in its can provide other based on auxiliary mechanical training can not provide perception and enjoyment, can make the patient in the process of rehabilitation training appear more natural, have a sense of achievement, virtual reality technology into rehabilitation treatment will be an important direction in the field of future rehabilitation. Clinical studies have shown that, through timely and active rehabilitation training, most stroke patients can recover their simple limb movement ability, and even recover. The traditional recovery treatment of stroke is based on reflex or graded motor control, which mainly relies on rehabilitation doctors to manually assist patient rehabilitation training. The progress and formulation of rehabilitation training cannot be effectively guaranteed, which often makes patients miss the more serious consequences due to the best treatment period. Regarding the individual variability of convalescent stroke patients, Electroencephalography and Electromyography signals can reflect the motor functional status of different individuals in real-time, Patient physiological status was obtained by analyzing B- EMG signals, And as feedback adaptive adjust the virtual scene is difficult, Not only can improve the patients' initiative and self-confidence in rehabilitation training, And to avoid secondary injuries caused by training under fatigue, Ensure the safety of rehabilitation training, Make the rehabilitation training more intelligent and humanized, promote the clinical and practical process of virtual reality technology, To alleviate the shortage of rehabilitation doctors and the lack of assisted training of rehabilitation robots, It has important economic and social value. The traditional recovery treatment of stroke is based on classification or reflex motion control, mainly relying on rehabilitation doctors to manually assist patient rehabilitation training, rehabilitation training cannot be effectively guaranteed, thus affecting the rehabilitation effect. Common rehabilitation sports function training based on virtual reality technology mainly includes the corresponding game scene in the process of rehabilitation training, so that patients have some fun in the rehabilitation training process, but it is still difficult to mobilize patients' active participation consciousness and self-confidence. At the same time, due to the lack of evaluation strategy for the patients' physiological state, patients have fatigue in the rehabilitation process, prone to accidents and secondary injuries, which limits the clinical promotion and application of virtual reality technology.
MNRO

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08:45 EDT Monro sees FY23 CapEx $40M-$50M - Sees FY23 operating expenses slightly lower on y/y basis.
VXRT

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08:44 EDT Vaxart announces publication of studies on COVID-19 vaccine candidate - Science Translational Medicine has published the results of a Duke University-led preclinical hamster transmission study that found that Vaxart's S-only oral COVID-19 vaccine candidate inhibited the transmission of SARS-CoV-2. The report also described updated results from Vaxart's Phase I clinical trial that suggest Vaxart's other vaccine candidate, the one targeting both the S and N proteins, could be effective against a range of diverse coronaviruses. The study compared various measures of immunity and viral shedding in hamster cohorts immunized with Vaxart's S-only vaccine candidate, an intramuscular protein vaccine control and placebo. The vaccinated hamsters were then infected with high doses of SARS-CoV-2 to create vaccine breakthrough and exposed to naive animals during the breakthrough period. The study authors concluded that Vaxart's S-only construct "reduced disease and decreased airborne transmission in a hamster model." The publication also reported results from the Phase I clinical study of Vaxart's S+N vaccine candidate showing that it stimulated SARS-CoV-2-specific IgA antibodies in saliva and nasal samples from human subjects and was cross-reactive to many different coronaviruses that are more divergent than circulating variants of SARS-CoV-2. The S-only data from the hamster transmission preclinical study was initially reported last October in the non-peer reviewed journal bioRxiv. Vaxart first reported the potential cross-reactive properties of its S+N vaccine candidate in May 2021. The new Science Translational Medicine publication includes additional detail regarding IgA antibody responses in human subjects. Vaxart has moved to Phase II clinical trials with the S-only vaccine candidate and expects to report those results later this year. Vaxart has also completed and published preliminary Phase I results from its S+N vaccine candidate. As previously stated, the company plans to compare the S-only and S+N vaccine candidates and to decide which approach offers the best way forward for its COVID-19 vaccine development program, particularly in the face of emerging variant strains. Hamster Study: The results from the preclinical study conducted by Duke University, Lovelace Biomedical and Vaxart demonstrated that Vaxart's S-only vaccine candidate stimulates mucosal IgA and serum IgG antibodies and can reduce both SARS-CoV-2 infection and airborne transmission. Decreased transmission is important for protecting unvaccinated individuals, including the nearly 34% of Americans who are not fully vaccinated. Phase I Study: In the Phase I study, subjects with at least a two-fold increase in virus-specific IgA also showed an increase in IgA antibodies that cross-reacted with a variety of other coronaviruses. This broad cross-reactivity has the potential to provide enhanced protection against COVID-19 variants compared with injected vaccines that largely stimulate IgG responses in serum. Data from the Phase I study also demonstrated that Vaxart's S+N vaccine candidate stimulates robust T cell responses, particularly CD8+ T cells. The Phase I clinical study was designed to evaluate the safety and immunogenicity of Vaxart's S+N oral COVID-19 vaccine candidate in 35 subjects. Participants received a single high dose, a single low dose or two low doses of the vaccine. IgA levels in saliva and nasal samples were assessed 29 days post-vaccination. More than half of subjects had at least a two-fold increase in IgA antibodies in either their saliva or nasal samples. Responses were similar for both S and N protein as well as for the receptor-binding domain. Subjects with at least a two-fold increase in virus-specific IgA in saliva or nasal samples also showed an increase in cross-reactive IgA that bound to spike proteins from the four endemic strains of coronavirus as well as Middle East respiratory syndrome coronavirus and SARS-CoV-1. The observed responses did not differ among the various doses.
GFS MSI

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08:43 EDT GlobalFoundries, Motorola announce strategic agreement for chip supply - GlobalFoundries (GFS) and Motorola Solutions (MSI) announced a long-term agreement to safeguard the supply of innovative chip solutions for Motorola Solutions' radios, which are widely used by public safety, critical infrastructure and enterprise organizations across the world. "Millions of first responders, utilities, infrastructure providers and businesses rely on Motorola Solutions radios for everyday and emergency communications, and it is essential that we maintain supply of these critical components," said Scott Mottonen, senior vice president of products, Motorola Solutions. "Our long-term relationship with GF provides important capabilities, reliable U.S.-based manufacturing and added assurance that we will continue to meet the safety and security needs of our customers across the globe."
SFET

Hot Stocks

08:43 EDT Safe-T announces dismissal of NetNut's patent litigation - Safe-T Group announced that NetNut and Bright Data have entered into a mutual release and settlement agreement to terminate the patent infringement action Bright Data initiated against NetNut in June 2021 in the United States District Court for the Eastern District of Texas, Marshall Division. This settlement is expected to contribute to a significant reduction in the Company's overall general and administration costs commencing in the third quarter of 2022. Together with the expected operating cost savings implemented through the Company's partnership model for its enterprise business, the Company's overall operating losses for the four quarters which ended on March 31, 2022, would have been reduced by more than 50% compared to the actual aggregated results in this period. As previously reported, on June 18, 2021, Bright Data filed an action alleging infringement of U.S. Patent Nos. 10,257,319 and 10,484,510 against NetNut. The action was filed in the United States District Court for the Eastern District of Texas, Marshall Division. Bright Data amended its complaint on October 11, 2021, to additionally assert infringement of U.S. Patents Nos. 10,491,713, 11,050,852 and 11,044,346, as well as a claim for alleged false advertising. Pursuant to a confidential settlement agreement, this action is now dismissed with prejudice, without any monetary payment from NetNut to Bright Data, and with no effect on NetNut's ongoing services. As part of the settlement, NetNut agreed to dismiss, without prejudice, its pending complaint against Bright Data on U.S. Patent No. 10,110,606 and to dismiss its requests for Inter Partes Review of Bright Data's patents. The settlement also includes a covenant not to sue pursuant to the terms of the agreement. Previously, on December 14, 2021, the Company reported the dismissal of the former action brought by Bright Data filed against NetNut. Together with the settlement described herein, all disputes to-date between the parties have now been resolved.
IFNY

Hot Stocks

08:41 EDT American Noble Gas acquires interests in oil, gas leases in Southern Kansas - American Noble Gas is pleased to announce that it has acquired a 60.7143% in GMDOC, LLC, a Kansas limited liability company, which has previously acquired working interests in certain oil and gas leases from Castelli Energy, L.L.C, an Oklahoma limited liability company. The GMDOC Leases cover approximately 10,000 acres located in Southern Kansas near the Oklahoma border. The GMDOC Leases currently produce approximately 100 barrels of oil per day and 1.5 million cubic feet of natural gas per day on a gross basis. On May 3, 2022, AMGAS entered into the operating agreement of GMDOC, pursuant to which the Company acquired 17 of 28 limited liability membership interests in GMDOC, for an aggregate purchase price of $4,037,500, and was subsequently admitted as a member of GMDOC. GMDOC had acquired 70% of the working interests in the GMDOC Leases from Castelli. GMDOC is managed by two other members - Darrah Oil Company, LLC, a Kansas limited liability company, and Grand Mesa Operating Company, a Kansas corporation - each of which also serve as the operating companies under the GMDOC Leases. Pursuant to the terms of the Operating Agreement, each member agreed to pay GMDOC, as its capital contribution, $50,000 in cash per Interest, with the remainder to be financed by a loan to GMDOC from a bank, secured by GMDOC's oil & gas lease properties, in the aggregate amount of $6,045,000. The principal of the bank loan is to be repaid in 84 varying monthly installments starting July 1, 2022, ranging from $170,000 at the beginning to $40,500 at the end of the loan term. The bank loan bears a variable interest beginning with an initial rate of 6% per annum with one rate adjustment after 36 months subject to a 6% minimum interest rate. Initial working capital was financed, in part, by a loan to GMDOC from a Managing Member, in the maximum aggregate amount of $400,000, which is to be repaid over 12 months and bears interest at a rate of 6% per annum. With respect to its cash capital contribution, the Company paid a non-refundable cash deposit for the Interests in the amount of $50,000 on May 3, 2022 and paid the remainder of the cash contribution for the Interests, or $800,000, on May 16, 2022. The remainder of the Company's capital contribution, or $3,187,500, was financed by the bank loan. The Company funded the cash contribution through the issuance of 8% Senior Unsecured Convertible Promissory Notes due June 29, 2022 to two institutional investors. The Company issued a total of 425,000 shares of common stock to these two institutional investors as additional consideration for such notes.
AIKI

Hot Stocks

08:41 EDT AIkido announces commitment to comply with requirements for board diversity - AIkido Pharma announced the Company's commitment to complying with the NASDAQ listing requirements on board diversity by August 1, 2022. Anthony Hayes, CEO of AIkido stated, "Board diversity and inclusion is an important issue. We have been working towards meeting these requirements and today affirm that we will be adding a female board member on or before August 1, 2022. We have several exceptional candidates and will be making an announcement on the new board member shortly. We further commit to continue to work towards more diversity and more inclusion in our board composition to more closely reflect the makeup of our diverse shareholder base."
SING

Hot Stocks

08:39 EDT SinglePoint's BOX Pure Air assisting schools in areas with wildfire smoke - SinglePoint subsidiary BOX Pure Air is actively assisting schools looking for immediate solutions to continue safely operating by addressing indoor air quality, IAQ, for students, teachers and staff in areas affected by wildfire smoke in an attempt to prevent unplanned school closures. Wil Ralston, CEO of SinglePoint commented, "For too long we have ignored the poor health conditions and the catastrophic effects of poor indoor air quality. Clean air is an essential right and we have a solution that can immediately improve indoor air quality in the places we gather, whether that be at home, at work, or at school. The particle size associated with wildfire pollution can quickly and dramatically harm anyone who breathes it in, but the portable HEPA air filtration system we offer cleanses the air of these pollutants, reducing the risk. Schools and students cannot afford to miss additional days due to dangers of the air they breathe indoors, especially when there is a simple, portable and effective solution."
VIRT

Hot Stocks

08:39 EDT Virtu Financial forms RFQ-hub Holdings to support growth of RFQ-hub - Virtu Financial announced the formation of RFQ-hub Holdings LLC to support the growth of RFQ-hub, Virtu's bilateral multi-asset and multi-dealer request for quote platform. In addition to Virtu, founding consortium members include liquidity providers Citadel Securities, Flow Traders and Jane Street Capital, asset manager BlackRock and leading electronic trading platform MarketAxess. MarketAxess will be taking a significant minority stake in the platform. RFQ-hub brings asset managers and liquidity providers together to help electronically deliver aggregated and competitive liquidity, streamline workflow and improve pricing with a focus on equity and fixed income listed and OTC derivatives, structured products and exchange-traded funds. The goal of the newly formed consortium is to support the next stage of growth for RFQ-hub by fostering the creation of a global institutional platform designed specifically for these instruments.
MNRO

Hot Stocks

08:38 EDT Monro has 'ample' capacity for acquisitions
AMRN

Hot Stocks

08:38 EDT Amarin appoints Per Wold-Olsen as chairman of the board - Amarin Corporation announced a series of appointments and leadership changes to its Board of Directors, including: Appointment of Erin Enright and Alfonso "Chito" Zulueta to the Board, effective immediately. Ms. Enright and Mr. Zulueta will stand for re-election to the Board at the Company's 2022 Annual Meeting in June. Per Wold-Olsen, a director since January 2022, has been named Chairman of the Board, effective immediately. Mr. Wold-Olsen will stand for re-election to the Board at the Company's 2022 Annual Meeting in June. As part of a planned retirement, David Stack, a director since 2012, and Joe Zakrzewski, a director since 2010, will retire from the Board, effective at the close of the 2022 Annual Meeting. Mr. Wold-Olsen has been named Chair of the Remuneration Committee; Ms. Enright has been named Chair of the Audit Committee. Dr. Lars Ekman will remain a member of the Board. Enright currently serves as Managing Partner at Prettybrook Partners, overseeing approximately 20 active investments in a variety of healthcare companies. Zulueta has more than three decades of experience in global strategic and leadership roles within large pharma, specifically with Eli Lilly and Company. Following the 2022 Annual Meeting - with the addition of Ms. Enright and Mr. Zulueta, and the planned retirements of Mr. Stack and Mr. Zakrzewski - the Amarin Board will comprise eight directors, seven of whom are independent.
SJI

Hot Stocks

08:37 EDT Captona acquires solar, storage facility with partner South Jersey Industries - Captona and South Jersey Industries announce a fourth acquisition through Catamaran Renewables joint venture for a 5.66 MW Solar and 5.2MWh Storage facility in Agawam, Massachusetts. Prior to the acquisition, Catamaran's portfolio included Solar and Fuel Cell assets. Adding Storage to its portfolio, Catamaran further strengthens its commitment to decarbonization. Catamaran Renewables acquired the Agawam Solar and Storage project from Consolidated Edison Solutions. The facility has qualified for the Massachusetts SMART program - a tariff-based incentive program for eligible solar technology assets - ensuring a strong return on investment as the facility continues to provide clean power to over 100 C&I community subscribers in Western Massachusetts.
MNRO

Hot Stocks

08:36 EDT Monro: April SSS 3% lower than last year, May starting off 3% higher
SWAV

Hot Stocks

08:36 EDT ShockWave Medical announces long-term data from Disrupt PAD III trial - Shockwave Medical announced that long-term data from the Disrupt PAD III trial found that superior vessel preparation with IVL led to excellent long-term outcomes out to two years with preservation of future treatment options compared to percutaneous transluminal angioplasty in the treatment of calcified peripheral artery disease. The final outcomes of the largest randomized trial of severely calcified peripheral lesions were presented by investigators today in a featured clinical research session at the 2022 Scientific Sessions of the Society for Cardiovascular Angiography & Interventions and published simultaneously in JSCAI. As previously published, IVL at 30 days demonstrated superiority over PTA in the primary endpoint analysis, defined as procedural success with a residual stenosis less than or equal to 30 percent without flow-limiting dissection, prior to drug-coated balloon or stent, with a rate of 65.8 percent versus 50.4 percent as determined by an independent angiographic core lab. Additionally, PAD III showed that IVL achieved a reduction in frequency and severity of flow-limiting major dissections a reduction in stent implantation rate and no distal embolization or perforation events. These new long-term results found that the powered secondary endpoint of primary patency favored IVL over PTA at one year and remained favorable through two years, respectively. Disrupt PAD III was a prospective, multicenter, randomized study designed to demonstrate the safety and effectiveness of IVL as a vessel preparation procedure in moderate to severely calcified superficial femoral and popliteal lesions, followed by a DCB or stent. The study enrolled 306 patients randomized between IVL and PTA at 45 sites in the United States, Germany, Austria, and New Zealand. In the IVL arm, 82.9 percent of patients were classified by the angiographic core lab as having severe calcification, with an average calcified lesion length of 129.4 millimeters. Joining Dr. Gray as co-principal investigator of the study was Gunnar Tepe, M.D., Head of the Department of Diagnostic and Interventional Radiology, RoMed Clinic Rosenheim, Germany.
HTLZF

Hot Stocks

08:34 EDT Hamilton Thorne 'in a strong position' for balance of 2022 - Mr. Wolf added, "Looking forward into the balance of 2022, our Company is in a strong position. We continue to expect solid sales performance, based on the positive industry trends in our field and as demand and growth have returned to pre-pandemic levels in nearly every market that we serve. We have resolved the supply chain issues that led to production delays in Q1 although it is likely to take us into Q3 to work through the accumulated backlog. While we do see the possibility for additional quarter-to-quarter variability during the year due to currency fluctuations, inflationary pressures, and future supply chain issues that could continue to impact margins and profitability, we feel that we are well positioned to continue to execute on our strategy of driving long-term growth and EBITDA expansion by investing in our organic growth, while building scale, enhancing our product offerings, and expanding our geographic and direct sales footprint through acquisitions We have an extensive pipeline and are actively working on multiple acquisition opportunities. With $17 million in cash, $12.5 million in committed lines of credit availability, and further debt capacity, we are well positioned to continue to execute on our acquisition program."
SABR

Hot Stocks

08:34 EDT Sabre announces new distribution agreement with Viva Aerobus - Sabre announced a new distribution agreement with Viva Aerobus, Mexico's ultra-low-cost carrier, which will help enable the airline to power future revenue growth through agency sales. Viva Aerobus can now distribute its flights and services through Sabre's global distribution system, GDS, providing more content and choices through a single source for greater convenience, agility and efficiency. "With this agreement, Sabre-connected agencies will enjoy e-ticketing and enhanced merchandising capabilities, allowing travel agents to easily view, compare, and sell Viva Aerobus' flights across the network," the company said.. With the implementation of Sabre's branded fares technology, Viva Aerobus will now be able to provide their customers greater flexibility to choose products and services. "Viva Aerobus is an airline in constant expansion with solid plans for growth in fleet, routes and flights. Partnering with a trustworthy and innovative technology company like Sabre is key to both achieve our growth plans, as well as to increase operational efficiencies," said Andrea Rodriguez, Sales Director at Viva Aerobus. "We are confident that Sabre is the right partner to support our long-term goal, which is to provide travelers with the lowest fares and a personalized experience where they only pay for what they really need."
MNRO

Hot Stocks

08:33 EDT Monro: Q4 was 'tough,' especially January - Comments taken from Q4 earnings conference call.
AA

Hot Stocks

08:33 EDT Alcoa signs long-term renewable power contract to restart San Ciprian smelter - Alcoa signed a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprian smelter in Spain. The long-term power purchase agreement is with Greenalia, an independent renewable energy developer and producer. Subject to windfarm permitting processes, the agreement would commence in 2024 and extend to the end of 2033. Due to exorbitant energy prices, Alcoa announced in December of 2021 a two-year curtailment of aluminum smelting at the site. During the curtailment, Alcoa is working to secure power purchase agreements and make improvements to prepare the smelter for the planned restart to begin in January of 2024. The agreement is expected to provide up to 183 MW of the smelter's baseload power consumption, representing approximately 45% of the energy required to meet the smelter's maximum capacity of 228,000 metric tons per year. The contract's pricing terms are confidential. Alcoa is continuing to pursue options for the remaining 55% of the smelter's electricity requirements. While the smelter is curtailed, the casthouse and the San Ciprian alumina refinery continue to operate.
CMNDF

Hot Stocks

08:33 EDT Clearmind announces pre-clinical results in MEAI treatment for alcohol abuse - Clearmind Medicine announced safety results of its proprietary molecule, MEAI, to treat alcohol abuse. To evaluate the efficacy and safety of its psychedelic-derived treatment, Clearmind conducted preclinical trials, training groups of mice to consume alcohol for five weeks. The groups were then given varying daily doses of the new treatment, with intermittent access to alcohol and water. After two weeks, researchers found a significant reduction in alcohol consumption in mice receiving the treatment. The control group showed no statistical significant reduction. Today's safety results build on these positive efficacy findings and mark a significant milestone as Clearmind expects to conduct FDA-regulated clinical trials with humans later this year. Following the behavioral paradigm and to evaluate safety, histopathological testing was conducted on selected organs of tested animals to determine possible toxicological effects of MEAI. No treatment-related histological changes were observed amongst all MEAI treatment groups compared to control naive and vehicle animals in all the examined organs.
ACRX

Hot Stocks

08:32 EDT AcelRx provides update on reduced FDA REMS requirements related to DSUVIA - AcelRx Pharmaceuticals reported that the U.S. Food and Drug Administration, FDA, has recently modified the DSUVIA Risk Evaluation and Mitigation Strategies, REMS, requirements with respect to healthcare setting audits. The goal of the DSUVIA REMS program is to mitigate the risk of respiratory depression resulting from accidental exposure by ensuring that DSUVIA is dispensed only to patients in certified medically supervised healthcare settings. On April 21, 2022, the FDA revised the DSUVIA REMS program to eliminate the 6-month healthcare setting audit requirement and reduce annual healthcare setting audits to a total of up to 400 sites that have received a shipment of DSUVIA in the past 6 months. Previously, the DSUVIA REMS required AcelRx to audit all healthcare settings within six months of an initial DSUVIA order, and to then continue to audit all such sites annually thereafter, with no limit to the number of sites audited. "We continue to work closely with the FDA on the DSUVIA REMS program and have established a track record of compliance and safety with DSUVIA, including lack of accidental exposure," said Pamela Palmer, MD, PhD, Co-Founder and Chief Medical Officer of AcelRx. "We believe that it is this history of stewardship and responsibility, which is included in our latest three-year assessment REMS report as submitted to the FDA, that has resulted in the lowering of both the number and frequency of required site audits," continued Dr. Palmer.
TCDA

Hot Stocks

08:31 EDT Tricida announces administrative stop of VALOR-CKD trial - Tricida announced that as anticipated it is stopping its VALOR-CKD renal outcomes trial early for administrative reasons pursuant to the existing study protocol to allow for six months of financial runway following the reporting of top-line results, currently anticipated to occur early in the fourth quarter of 2022. As of May 18, 2022, the average treatment duration of the 1480 subjects randomized in the trial was approximately 25 months, and the trial had accrued 237 subjects with positively adjudicated primary endpoint events, defined as renal death, end-stage renal disease, or greater than or equal to 40% reduction in estimated glomerular filtration rate. The trial will continue to accrue primary endpoint events as clinical trial subjects complete their participation in the study which, for the last subject, is currently projected to occur in the third quarter of 2022. "We have previously received feedback from the FDA on the administrative stop and believe that stopping the VALOR-CKD trial early will allow us to obtain interpretable data from the trial. We expect this data will allow us to evaluate how treatment with veverimer impacts slowing of CKD progression in patients with metabolic acidosis and CKD," said Gerrit Klaerner, Ph.D., Tricida's Chief Executive Officer and President.
AB

Hot Stocks

08:29 EDT Glue42 adds AllianceBernstein as a client - Glue42 has added leading research and global investment firm AllianceBernstein to its client roster. The firm engaged Glue42 to support and organize its trader interface into a collection of micro applications that form a cohesive workflow. As part of this approach, AB's engineers will be able to build a framework that integrates and delivers apps in a timely manner and pushes new features to its traders daily - without disruption to the business. "The initial rollout has already demonstrated tremendous efficiency gains," said Tim Morbelli, Senior Vice President, Head of Emerging Markets and Municipal Trading, AllianceBernstein. "The Glue42 platform has taken the complexity out of integrating desktop, web, and third-party apps, giving flexibility to our engineers and quality assurances team as to how we develop, test, and distribute our applications, all while providing a cohesive experience regardless of who developed the app."
SYY DTRUY

Hot Stocks

08:29 EDT Sysco intends to purchase up to 800 Freightliner eCascadia Class 8 tractors - Sysco Corporation and Daimler Truck North America jointly announced a Letter of Intent to deploy up to nearly 800 battery electric Freightliner eCascadia Class 8 tractors serving Sysco customers by 2026. The first eCascadia delivery is expected to arrive at Sysco's Riverside, California site later this year. Sysco aims to power more of its tractor fleet with alternative fuels, and the deployment of Freightliner eCascadias along with refrigerated trailers will play a significant role in achieving its science-based climate goal to electrify 35% of its U.S. fleet by 2030. Sysco Riverside continues to build its charging infrastructure to support additional battery electric truck deployments, including additional solar capacity.
BBI

Hot Stocks

08:27 EDT Brickell Biotech doses first subject in Phase 1 study of BBI-01 - Brickell Biotech announced that the first subjects were dosed in the single ascending dose portion of the Company's Phase 1 clinical trial evaluating BBI-02 in healthy adult subjects and patients with atopic dermatitis. BBI-02 is a potential first-in-class, highly selective, orally bioavailable small molecule DYRK1A inhibitor that aims to restore immune balance through modulating adaptive and innate immune responses in patients with autoimmune and inflammatory diseases. The first-in-human Phase 1 trial of BBI-02 is a randomized, double-blind, placebo-controlled study designed to evaluate the safety, tolerability, pharmacokinetics, and pharmacodynamics of BBI-02 capsules in both healthy adult subjects and patients with AD. Part 1A of the study is a SAD assessment of BBI-02 or placebo in healthy adult subjects, and Part 1B of the study will be a multiple ascending dose assessment of BBI-02 or placebo administered once daily for 14 days in healthy adult subjects. After completing the SAD and MAD cohorts, Brickell plans to enroll Part 2 of the study, which will compare BBI-02 to placebo in patients with moderate-to-severe AD over 28 days of dosing and will include a preliminary assessment of efficacy. Topline results from the SAD and MAD parts of the Phase 1 trial are expected to be announced by early 2023.
BLCT

Hot Stocks

08:26 EDT BlueCity appoints Junchen Sun as CFO - BlueCity Holdings announced that it has promoted Junchen Sun, acting CFO of the Company, to CFO, effective May 19, 2022. Mr. Sun joined BlueCity in February 2017 and served as the acting CFO of the Company since May 2021.
UUUU

Hot Stocks

08:25 EDT Energy Fuels secures rare earth land position in Brazil - Energy Fuels announces that it has entered into binding agreements to acquire seventeen mineral concessions between the towns of Prado and Caravelas in the State of Bahia, Brazil totaling 15,089.71 hectares. Based on significant historical drilling performed to date, it is believed that the Bahia Project holds significant quantities of heavy minerals, including monazite, that will feed Energy Fuels' quickly emerging U.S.-based rare earth element supply chain. The Bahia Project has seen no previous mining, but several of the concessions have valid exploration and mining permits with the Government of Brazil. Therefore, the Company believes there is a clear path to moving the Bahia Project to production. Mark Chalmers, President and CEO of Energy Fuels stated: "This is another very significant step in Energy Fuels' development as a major global rare earth element producer based in the United States. We are aggressively seeking to expand our monazite sand feeds. With guidance from our heavy mineral sand experts, the Company has been evaluating the acquisition of monazite-bearing projects. The Bahia deposit is well-known throughout the HMS industry as having excellent potential to produce high-quality ilmenite, rutile, and zircon products, in addition to monazite. We are very pleased to have secured this project, as it has the potential to provide Energy Fuels with our own low-cost source of monazite feed that we fully control. The Company expects to supplement its monazite supply in the future with open market purchases, arrangements with existing monazite producers, and/or additional acquisitions. Energy Fuels is in advanced discussions with other current and future monazite producers around the world to provide creative options on how to best build upon our momentum and add further scale."
PREKF

Hot Stocks

08:25 EDT PrairieSky Royalty receives TSX approval for renewed normal course issuer bid - PrairieSky Royalty is pleased to announce that the Toronto Stock Exchange has accepted the notice of PrairieSky's intention to commence a normal course issuer bid. On April 18, 2022, PrairieSky announced its intention to seek TSX approval to renew its NCIB for an additional one-year period. The NCIB allows the Company to purchase up to 16,963,000 common shares which represents 7.1% of the common shares outstanding of 238,802,700 as of May 12, 2022, and 10% of the public float of 169,635,168 common shares which is defined as the common shares outstanding after excluding common shares beneficially owned by directors and executive officers of PrairieSky and persons who beneficially own or exercise control or direction over more than 10% of the issued and outstanding common shares of PrairieSky. The NCIB will commence on May 26, 2022 and will expire no later than May 25, 2023. Under the NCIB, common shares may be repurchased in open market transactions on the TSX, and/or other Canadian alternative trading platforms. In accordance with the rules of the TSX governing normal course issuer bids, the total number of common shares the Company is permitted to purchase is subject to a daily purchase limit of 154,372 common shares, representing 25% of the average daily trading volume of common shares on the TSX calculated for the six-month period ended April 30, 2022, being approximately 617,488 common shares. However, the Company may make one block purchase per calendar week which exceeds the daily repurchase restriction. Any common shares that are purchased under the NCIB will be cancelled upon their purchase by PrairieSky. PrairieSky currently intends to purchase up to a maximum of 16,963,000 common shares to effect NCIB purchases over the next 12 months through its broker BMO Nesbitt Burns Inc. However, the Company's board of directors may consider, from time to time, applying to the TSX to increase the amount of NCIB purchases. Decisions regarding increases to the NCIB will be based on market conditions, share price, best use of available cash, and other factors including other options to expand our portfolio of royalty assets. PrairieSky previously purchased an aggregate of 809,700 common shares at a weighted average price per share of $13.90 under a normal course issuer bid that ran between May 25, 2021 and May 24, 2022.
ADVM

Hot Stocks

08:24 EDT Adverum Biotechnologies presents research piepline data at ASGCT - Adverum Biotechnologies will announce new research pipeline data supporting the utility of its proprietary adeno-associated virus vector platform in ocular gene therapy. These new data will be featured in oral presentations during the American Society of Gene and Cell Therapy 2022 Annual Meeting in Washington, D.C. and virtually. "Adverum is an industry leader in the development of adeno-associated virus ocular gene therapy, including cassette engineering and vectorizing therapeutic proteins, and we are pleased to have multiple presentations highlighting our platform at ASGCT. As we continue to prepare for the initiation of a Phase 2 trial of ADVM-022 for wet AMD in the third quarter of 2022, we are also advancing other research programs toward the clinic and expanding our pipeline in ocular gene therapy by building on the potential of a single in-office intravitreal injection with our proprietary AAV.7m8 capsid," said Brigit Riley, Ph.D., chief scientific officer at Adverum Biotechnologies. "We are excited to present non-clinical data on ADVM-062 for blue cone monochromacy, which received Orphan Drug Designation by the U.S. Food and Drug Administration in January 2022, and continue to advance this program toward an investigational new drug application submission. Adverum continues the technical advances of our in-house adeno-associated virus manufacturing processes. Finally, we are maturing a portfolio of proprietary vectors with specific ocular cell tropism and are excited to showcase our innovative work on LSV1, a novel capsid for ocular gene therapy." ADVM-062 for Blue Cone Monochromacy: Data Highlights: ADVM-062 was well tolerated at all doses tested: No observed adverse effect level for the study was 3x10^11 vg/eye dose in non-human primate. LSV1 Data Highlights: Identified LSV1 from a library screen in NHP; LSV1 has a unique 3D structure at the 3-fold axis imparting new structural characteristics from parental backbone; LSV1 efficiently transduces NHP retina from the vitreous; High expression in the fovea and periphery, as well as retinal pigment epithelium expression
MCD

Hot Stocks

08:24 EDT McDonald's agrees to sell Russian business to current licensee Govor - Following its announcement that it will exit the Russian market and has initiated a process to sell its Russian business, McDonald's Corporation announced that it has entered into a sale and purchase agreement with its existing licensee Alexander Govor. Under this agreement, Govor will acquire McDonald's entire restaurant portfolio and operate the restaurants under a new brand. Since 2015, Govor has served as a McDonald's licensee and has operated 25 restaurants in Siberia. The agreement remains subject to certain conditions, including regulatory approval, with closing expected to occur in the coming weeks. The sale and purchase agreement provides for employees to be retained for at least two years, on equivalent terms. The buyer has also agreed to fund the salaries of corporate employees who work in 45 regions of the country until closing, as well as fund existing liabilities to suppliers, landlords and utilities.
EQIX

Hot Stocks

08:22 EDT Equinix highlights latest progress on ESG commitments - Equinix has released its 2021 Sustainability Report which outlines progress, innovation and accomplishments on key environmental, social and governance, ESG, commitments from the past year and since formalizing its Corporate Sustainability program in 2015. Keith Taylor, Chief Financial Officer, Equinix: "Our customers, partners, investors and employees are focused on sustainability more than ever. In the past year, we have seen a substantial increase in interest from customers on how Equinix helps them meet their sustainability and ESG objectives. Responding to our customers' needs is just one of the reasons we are devoted to our "Future First" sustainability strategy that outlines our key ESG initiatives and responsibilities, including diversity, inclusion and belonging (DIB), science-based targets and our commitment to becoming climate neutral globally."
TMC

Hot Stocks

08:22 EDT Metals Company, Allseas announce deepwater commissioning of riser system - TMC announced the successful deployment of a riser system and flexible jumper hose which, alongside the robotic nodule collector vehicle, represent key components of the pilot nodule collection system designed by the Company's strategic partner and shareholder, Allseas Group. Engineers aboard the Hidden Gem vessel deployed the flexible jumper hose, connected it to the base of the riser and then launched the pilot riser, lowering the assembly to a depth of around 650m meters. Using the remotely operated vehicle installed on the Hidden Gem, engineers then made a sub-sea connection between the jumper hose and collector vehicle which was previously deployed to the seafloor in 745m water depth. Allseas used the derrick onboard the former drillship for at-sea construction of the pilot riser system which will ultimately extend to 4km deep when deployed later this year in the Clarion Clipperton Zone of the Pacific Ocean. The pilot system being tested by Allseas will be the basis for TMC's first commercial production system, and in March the companies announced a non-binding term sheet outlining the terms for developing and operating the world's first commercial system to collect deep-sea polymetallic nodules to meet surging demand for critical battery metals.
CANG

Hot Stocks

08:20 EDT Cango announces Liu to resign as a director of the company - Cango announced that Xiaoyu Liu has tendered his resignation as a director of Cango for personal reasons. Liu's resignation became effective on May 19, 2022.
WTT

Hot Stocks

08:20 EDT CommAgility introduces 5G small cell reference platform - Wireless Telecom Group announced that its CommAgility brand has introduced a new four-channel small cell platform for high-performance 5G applications, such as industrial private networks, cloud applications, and video streaming. The SC-RF4-5Gn78 is a standalone 5G small cell gNodeB platform for indoor applications, as a complete baseband and RF small cell solution. The platform includes four high-quality, flexible RF channels, each offering up to 100 MHz bandwidth, enabling 4x4 MIMO downlink operation and delivering gigabit throughput, fulfilling the promises of high data rate 5G.The platform combines CommAgility's industry-leading SmallCellPHY-5G and SmallCellSTACK-5G software along with its baseband and RF hardware based on NXP's Layerscape and Layerscape Access SoCs. The solution is pre-integrated and tested to reduce development risk and effort, and optionally includes closed-loop digital pre-distortion support for optimal RF performance.
SHC

Hot Stocks

08:19 EDT Sterigenics announces increased electron beam sterilization capacity - Sterigenics announced the beginning of processing at its expanded electron beam facility located in Columbia City, Indiana. The Sterigenics Columbia City facility provides mission-critical E-beam sterilization services to help ensure the safety of medical devices and drug products used across the global healthcare industry. The new E-beam accelerator will significantly increase the capacity of the medical and pharmaceutical products that can be sterilized at the Columbia City facility.
TROW BLK

Hot Stocks

08:18 EDT T. Rowe Price names Allonby as head of ESG enablement - T. Rowe Price Group (TROW)announced today that Poppy Allonby will join the firm on June 6, 2022, as head of ESG Enablement. In this new role, Allonby will join the ESG Leadership Committee and help execute the firm's ESG strategy, driving cross-functional consistency and coordination of the strategy. Allonby most recently was head of Global Product, EMEA and APAC, for BlackRock (BLK).
HPQ

Hot Stocks

08:18 EDT HP Inc. debuts new HP Spectre, HP Envy laptops - HP Inc. debuted its newest HP Spectre and HP Envy laptops built with the flexibility to create and live seamlessly in today's hybrid world.The new HP Spectre x360 13.5-inch 2-in-1 Laptop PC looks great and sounds great anywhere. The HP Spectre x360 13.5" engineered on the Intel Evo platform is expected to be available for purchase on May 19 at HP.com for a starting price of $1,249.99. The device will also be available at BestBuy.com and select Best Buy retail locations. The HP Spectre x360 16-inch 2-in-1 Laptop PC engineered on the Intel Evo platform is newly refreshed with the latest 12th Gen Intel Core processors and up to Intel Arc Graphics, bringing you the best in AI-based hands-free controls along with AI-based Privacy Alert, and screen time and distance reminders. The HP Spectre x360 16" is expected to be available for purchase on May 19 at HP.com for a starting price of $1,649.99. The device will also be available at BestBuy.com and select Best Buy retail locations. The HP Envy x360 13.3-inch 2-in-1 Laptop PC designed on the Intel Evo platform was co-engineered and optimized with Intel to offer up to 20.5 hours of battery life25 for all-day creation. The HP Envy x360 13" is expected to be available be available for purchase on May 19 at HP.com for a starting price of $899.99. The device will also be available at BestBuy.com and select Best Buy retail locations. The HP Envy x360 15.6-inch 2-in-1 Laptop PC is available with the latest Intel or up to AMD Ryzen 7 processors. The HP Envy x360 15.6" with AMD is expected to be available be available for purchase on May 19 at HP.com for a starting price of $849.99; the Intel version is expected to be available for purchase on May 19 at HP.com for a starting price of $899.99. Both versions will also be available at BestBuy.com and select Best Buy retail locations. The HP Envy 16-inch Laptop PC offers up to Intel Arc Graphics or NVIDIA GeForce RTX 3060 Laptop GPU. Coupled with DDR5 memory support and a gaming grade thermal solution, this device delivers optimal performance for multitasking, rendering 3D models, or when using powerful creative tools like Adobe Photoshop. The HP Envy 16" is expected to be available for purchase on May 19 at HP.com for a starting price of $1,399.99. The device will also be available at Amazon and other NA retailers. The HP Envy 17.3-inch Laptop PC gives you the power to create on a big screen. The HP Envy 17" is expected to be available for purchase on May 19 at HP.com for a starting price of $1,099.99. The device will also be available at BestBuy.com and select Best Buy retail locations.
KOD LZAGY

Hot Stocks

08:16 EDT Kodiak Sciences, Lonza announce opening of new bioconjugation facility - Kodiak Sciences (KOD) and Lonza (LZAGY) announced the opening of a new, custom-built, bioconjugation facility within Lonza's Ibex Dedicate manufacturing complex in Visp. The facility will play a key role in the scaled manufacturing of Kodiak's lead therapeutic candidate KSI-301 to support a potential global commercial launch. Once fully operational and if KSI-301 is approved for commercial use, the facility is expected to have the capacity to supply over 10 million dose equivalents of KSI-301 annually. The strong relationship between Kodiak and Lonza has led to a multi-year commercial collaboration that has created 12 full-time positions at Kodiak Sciences in Visp and 70 positions at Lonza.
KTOS

Hot Stocks

08:16 EDT Kratos Defense, Minn-Dak Farmers Cooperative partner for self-driving trucks - Kratos Defense & Security Solutions announced that it has teamed with the Minn-Dak Farmers Cooperative to launch self-driving trucks, easing the truck driver shortage burden using Kratos Autonomous Systems to ensure integrity of the agriculture supply chain as a critical national security concern. Kratos Unmanned Systems' core competency is affordable, disruptive, unmanned systems-related technology and products for aerial drones, surface vessels, ground-based vehicles, and related command, control, autonomy, and artificial intelligence. The collaboration between Kratos and MDFC, one of America's largest sugarbeet shareholder/grower cooperatives, was fostered by Grand Farm, a non-profit group focused on facilitating agriculture technology innovation headquartered in North Dakota and combines Kratos' innovative unmanned system technologies, with Minn-Dak's agriculture and transportation expertise. The retrofitted solution adapts "Leader/Follower" truck platooning for hauling harvested sugarbeets between piling stations and the granulated sugar processing plant in Wahpeton, North Dakota.
PLAY ARDLF

Hot Stocks

08:14 EDT Dave & Buster's announces expiration of HSR waiting period to acquire Main Event - Dave & Buster's Entertainment (PLAY) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to the Company's pending acquisition of Main Event from owners Ardent Leisure Group and RedBird Capital Partners expired at 11:59 p.m. Eastern Time, on May 18, 2022. The acquisition remains subject to the satisfaction or waiver of other conditions, including approval by the shareholders of Ardent Leisure Group (ARDLF).
RARE

Hot Stocks

08:13 EDT Ultragenyx announces durability data from Phase 1/2 AAV gene therapy studies - Ultragenyx announced longer-term efficacy and safety data from Phase 1/2 studies of DTX401 for the potential treatment of Glycogen Storage Disease Type Ia and DTX301 for the potential treatment of Ornithine Transcarbamylase deficiency. Results demonstrate ongoing durability of response and safety for both gene therapy programs as of the data cutoff date. Data were presented this week at the American Society of Gene & Cell Therapy 25th Annual Meeting. DTX401 Phase 1/2 Update: Longer-term Phase 1/2 data demonstrate durability of response, with sustained responses lasting more than 3.5 years since treatment. All 12 patients in the study continue to demonstrate improved glucose control, experiencing reductions in oral glucose replacement with cornstarch. Overall, patients reached a mean total daily reduction of cornstarch intake of 70% from baseline to the last available timepoint. Three patients in the first cohort have sustained responses for up to 3.5 years since treatment. Continuous glucose monitoring was introduced in the third cohort, and data indicate that these patients achieved significant reductions in average cornstarch intake while increasing the time spent in euglycemia, defined by blood glucose levels in the normal range of 60 mg/dL to 120 mg/dL. Specifically, average cornstarch intake was reduced by 65% at Weeks 49 to 52 compared with Weeks 1 to 4, while euglycemia increased by 14% in the same period. All three patients in the fourth cohort have completed a tapering prophylactic steroid regimen and have demonstrated reductions in daily cornstarch intake, while the average percentage of time in euglycemia for these patients remained stable. When patients were interviewed at 52 weeks, they reported more energy and stamina, better mental clarity, improved glycemic control independent from cornstarch, improved sleep quality and improvements in health-related quality of life related to cornstarch intake reduction. Patient Global Impression of Change scores at the Week 52 visit indicated that 67% of patients felt their GSDIa was moderately or much improved since the start of the study. Across the Phase 1/2 study, there have been no infusion-related adverse events and no treatment-related serious adverse events reported. DTX301 Phase 1/2 Update: Longer-term Phase 1/2 data show durable metabolic control and sustained responses lasting more than four years since treatment: Four out of the five patients treated at the highest dose - the dose specified for the Phase 3 study - have responded and remain clinically and metabolically stable. Overall, the seven responders of the 11 total patients treated across all cohorts remain clinically and metabolically stable. Six patients enrolled in the first three cohorts demonstrated durable response with 2 to 4.5 years of follow-up after treatment. One patient enrolled in the last cohort also achieved complete response prior to the 1-year follow-up. Four complete responders have discontinued ammonia-scavenger medications and liberalized their diet within one year. In the prophylactic steroid cohort, one of two patients demonstrated a complete response. The second patient was a responder at week 36, but viral infections and an inability to sustain increased protein intake in the presence of lowered medication led to catabolism. The patient was considered a nonresponder as of the 52-week visit. Once the patient is metabolically stable, we will reinitiate tapering of baseline disease management. Across all cohorts of the Phase 1/2 study, no treatment-related serious adverse events, infusion-associated reactions or dose-limiting toxicities have been reported. All reported adverse events have been Grade 1 or 2 during the main study except for one patient with Grade 3 hyperammonemic crises assessed as unrelated to DTX301. All patients have enrolled in the six-year extension study. No patient who received corticosteroids experienced an AE of increased ammonia, hyperammonemia, or hyperammonemic crisis that was associated with corticosteroid administration.
DRIO

Hot Stocks

08:12 EDT DarioHealth announces two new contracts for digital therapeutics solutions - DarioHealth announced two new contracts to provide digital therapeutics solutions to a national employer and a provider, both of which are expected to begin enrolling members in the third quarter of 2022. The Texas-based, national employer selected Dario to provide digital behavioral health support for employees in 17 states across the south and southeast United States; the east-coast provider group chose Dario to provide its integrated metabolic solution for patients living with diabetes, high blood pressure and weight management support. "Dario continues to build a strong client base across its suite of solutions as the market develops an appreciation for integrated and highly personalized digital health. We are excited to launch these new clients and help our partners and their people realize the power of a more continuous and connected health experience," said Rick Anderson, President and General Manager of North America at DarioHealth. "These new contracts are expected to add to our continuing revenue growth in 2022 and move us closer to our goal of contract additions in the current year."
VTSI

Hot Stocks

08:11 EDT VirTra receives notice of non-compliance from Nasdaq - VirTra received a written notice from The Nasdaq Stock Market on May 17, 2022, stating that because VirTra has not yet filed its Form 10-Q for the quarter ended March 31, 2022, it is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. This notification has no immediate effect on the listing of VirTra's shares on Nasdaq. However, if VirTra fails to timely regain compliance with Nasdaq Listing Rule 5250(c)(1), its common stock will be subject to delisting from Nasdaq. Under Nasdaq rules, VirTra has 60 calendar days to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the plan, then Nasdaq may grant VirTra up to 180 days from the prescribed due date for filing the Form 10-Q to regain compliance. If Nasdaq does not accept the plan, then VirTra will have the opportunity to appeal that decision to a Nasdaq hearings panel.
ULTA

Hot Stocks

08:11 EDT Ulta Beauty launches retail media network UB Media - Ulta Beauty launched its retail media network, UB Media, to offer brands addressable advertising leveraging its Ultamate Rewards member community. At launch, the network offers advertising access via offsite display, videos, social and influencer as well as onsite sponsored products. This suite of ad inventory, experiences and services will be supplemented with additional formats in the future. Additionally, brand partners using UB Media will have access to closed-loop campaign level reporting including audience and creative insights.
AREB

Hot Stocks

08:10 EDT American Rebel to exhibit at NRA Annual Meetings and Exhibits - America's Patriotic Brand will exhibit at the NRA Annual Meetings and Exhibits May 27 - 29 in Houston, TX, at the George R. Brown Convention Center. American Rebel will be displaying its current line of Defender safes as well as its concealed carry line of products. AREB will also introduce two new product offerings, the American Rebel Freedom safe line and the American Rebel 2A Lockers.
BMEA

Hot Stocks

08:09 EDT Biomea Fusion announces nomination of BMF-500 as IND candidate - Biomea Fusion announced the nomination of its second product candidate, BMF-500, a highly selective and potent covalent investigational third-generation FLT3 inhibitor. Approximately 30% of AML patients present with a FLT3 mutation and remain poorly controlled with currently available therapies. First and second-generation FLT3 inhibitors frequently have a narrow therapeutic window and patients often acquire rapid resistance to treatment, limiting the clinical efficacy of these agents. As a third-generation FLT3 inhibitor, BMF-500 is designed to overcome some of the characteristics that are believed to limit the duration of response and utility of these earlier generation FLT3 inhibitors. BMF-500 was discovered and developed in-house at Biomea using the company's proprietary FUSION System. BMF-500, like BMF-219, was designed to be clinically effective at relatively low drug concentrations in order to deliver an optimal therapeutic profile. Specifically, BMF-500 was observed in preclinical studies to be a highly active inhibitor of FLT3 with picomolar affinity for key isoforms of FLT3 while avoiding other key kinases tested, including structurally related KIT. Because patients often acquire rapid resistance to treatment with first and second-generation FLT3 inhibitors, BMF-500 is designed to strongly inhibit FLT3 variants that are key drivers of resistance. Additionally, BMF-500 is designed to potentially have a therapeutic profile that may allow for combination with standard of care and/or targeted agents like BMF-219. Many patients with AML are older and unfit candidates for intensive chemotherapy but could benefit from BMF-500 and BMF-219 either as monotherapy or in combination. AML is often described as the result of two broad complementary classes of mutations: Type I - those that confer a proliferative/survival advantage to hematopoietic progenitors including activating FLT3 mutations or their downstream effectors such as RAS, and Type II - those that impair hematopoietic differentiation and drive cell cycle progression, including NPM1, MLL-r, RUNX1, and DNMT3A mutations. With BMF-500 and BMF-219, Biomea plans to interrogate multiple molecular mechanisms that drive AML in the pursuit of establishing long-term disease management or a potential cure for these patients.
JKHY ARRY

Hot Stocks

08:09 EDT Jack Henry & Associates, Array announce collaboration - Jack Henry & Associates (JKHY) announced that Array's (ARRY) credit management services, identity protection tools, and offers engine will be integrated into the Banno Digital Platform, offering consumers personalized credit and financial insights through their trusted financial institutions. Array has leveraged the Banno Digital Toolkit, the same set of APIs the Banno Digital Platform is built on, to offer consumer credit and identity protection tools. Now, consumers can securely access and monitor their credit directly through their bank or credit union. Embedding this service protects consumers' data and reduces the risk of competitive products being sold.
BLDE

Hot Stocks

08:08 EDT Blade to acquire transport activities of three air mobility operators for $50M - Blade Air Mobility announced that it has entered into a definitive agreement through its wholly-owned European subsidiaries to acquire the asset-light commercial passenger transport activities of three urban air mobility operators in Europe: Monacair SAM, Heli Securite and another helicopter operator in the South of France. Blade will also develop branded passenger terminals at multiple airports and vertiports in France, Monaco and Switzerland utilized by the Air Carriers. The Air Carriers' April year-to-date charter business revenues and flight hours were each approximately 30% above the same period in 2019 as the post-pandemic recovery in travel has been strong in the region. Blade will simultaneously acquire the asset-light commercial activities of Monacair, Heli Securite and a third European helicopter operator for a total cash outlay of $50M. Blade will become the exclusive customer of the Air Carriers, offering Blade branded charter and by-the-seat services in Europe. Pro forma for this acquisition in 2019, Blade would have flown approximately 260,000 fliers spanning three continents. The combination should immediately contribute free cash flow, driven by flight margins above Blade's historical company average, considerably accelerating Blade's path to profitability. Blade will collaborate with the Air Carriers to expand routes for additional key European markets, pursue vertiport development opportunities, and explore integration of Electric Vertical Aircraft for Blade flights in Europe. Transaction is expected to close by Summer 2022, subject to regulatory approval and customary closing conditions.
MIME

Hot Stocks

08:08 EDT Permira completes acquisition of Mimecast - Mimecast announced the completion of its acquisition by funds advised by Permira for approximately $5.8 billion or $80.00 per share in cash. With the completion of the transaction, Mimecast's stock ceased trading and the company is no longer listed on any public market.
CLBS

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08:07 EDT Caladrius: IDMC recommends continuation of CLBS201 trial without modification - Caladrius Biosciences announced that the Independent Data Monitoring Committee overseeing the Phase 1b, open-label, proof-of-concept study of CLBS201 for the treatment of diabetic kidney disease has reviewed the initial safety and tolerability data from the first two, sequentially treated, patients. Based on their assessment of the data, the IDMC approved proceeding with the enrollment of the remaining four patients in the study without further review. "We are very pleased with the progress of the study and with the recommendations of the IDMC," stated Kristen K. Buck, M.D., Executive Vice President of R&D and Chief Medical Officer of Caladrius. "We find it encouraging that CLBS201 appeared to be well-tolerated based on the initial assessment of data. We look forward to continuing this study and hope to rapidly enroll the remaining patients, leading to top-line data by the first quarter of 2023."
KD NTAP

Hot Stocks

08:06 EDT Kyndryl, NetApp announce alliance to fast-track cloud transition - Kyndryl (KD) and NetApp (NTAP) announced a global alliance to help customers transform their businesses by unlocking insights from data stored on premises, in the cloud and edge computing environments. Under the alliance, Kyndryl and NetApp will collaborate to help customers across industries enhance and improve their ability to manage and extract business value from an avalanche of unstructured data including text-based documents, photos, audio and video files, IoT sensors and other sources. Specifically, the partners will align Kyndryl's IT infrastructure and managed services expertise with NetApp's strong leadership with the top public clouds along with its edge-to-core-to-cloud scalability to create new solutions that enable companies to access, analyze and derive insights from data that sits across multiple platforms and multiple clouds. "Increasingly the ability to manage and analyze large amounts of unstructured data in concert with traditional structured data is a key enabler of data-driven business transformation. NetApp's strategic partnership with Kyndryl enables joint delivery of critical data infrastructure services that will accelerate future innovation and business impact for customers and fast track cloud adoption," said George Kurian, CEO, NetApp. "This momentum and collective success within key industries made it clear it was time to elevate our relationship with Kyndryl and work together on solutions that address similar challenges in other data-centric market segments."
IMNM

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08:05 EDT Immunome's anti COVID-19 cocktail shows efficacy in Omicron subvariants - Immunome published data demonstrating that its COVID-19 antibody cocktail, IMM-BCP-01, cleared the Omicron variant - BA.1 - of SARS-CoV-2 when tested in vivo in hamsters. Additional in vitro testing of a SARS-CoV-2 pseudovirus also showed that IMM20253, one of the antibodies in Immunome's cocktail, successfully neutralized the Omicron subvariant - BA.2 -. When tested in hamster models, IMM-BCP-01 retained full coverage against the Omicron variant. Specifically, the data suggest strong activity of two antibodies in the cocktail, which target distinct, non-overlapping epitopes of SARS-CoV-2, against the Omicron variant. Additionally, Immunome published data showing that antibody IMM20253 retained activity against the BA.2 subvariant in pseudovirus testing. Immunome expects its antibody cocktail will retain effectiveness against BA.2 in a live virus setting, as well as against other emerging variants of Omicron. IMM20253 showed consistent neutralization across all former variants of concern in pseudovirus testing as well as all variants tested to date in live virus testing, and the combination of IMM20253 and IMM20184 also neutralized the virus.
REPL

Hot Stocks

08:03 EDT Replimune Group expects cash to fund requirements into 2H24 - As of March 31, 2022, cash, cash equivalents and short-term investments were $395.7 million, as compared to $476.3 million as of March 31, 2021. The decrease was primarily related to cash utilized in operating activities in advancing the Company's expanded clinical development plan. Based on the current operating plan, Replimune believes that existing cash and cash equivalents and short-term investments will fund operating expenses and capital expenditure requirements into the second half of 2024, excluding any confirmatory trial required by the FDA or other regulatory body.
SLVM

Hot Stocks

08:03 EDT Sylvamo announces $150M share repurchase program - Sylvamo's board of directors declared a quarterly dividend of 11.25c per share for the period of July 1 to September 30. The dividend is payable July 15 to holders of record at the close of business June 17. The board also authorized a share repurchase program to acquire up to $150M of the company's common stock.
PLCE

Hot Stocks

08:01 EDT Children's Place falls 10% to $39 after Q1 earnings and revenue
RWLK

Hot Stocks

07:57 EDT ReWalk Robotics confirms receipt of director nominations from Creative Value - ReWalk Robotics announced that it has received notice from Creative Value Capital Limited Partnership, which claims to hold approximately 3% of ReWalk's outstanding shares, that it intends to nominate two candidates for election to the Company's Board of Directors and submit two additional proposals for consideration at the 2022 Annual Meeting of Shareholders. The Board will present its recommendation regarding director nominees in the Company's definitive proxy materials, which will be filed with the Securities and Exchange Commission and mailed to all shareholders eligible to vote at the Annual Meeting. The date of the Annual Meeting has not yet been announced. Shareholders are not required to take any action at this time. Jeff Dykan, Chairman of the Board, commented: "ReWalk's Board maintains an active and open dialogue with the Company's shareholders to ensure their feedback and ideas are incorporated into our decisions and strategy. We have engaged in good faith with CVC to understand its perspectives and the qualifications of its nominees. At this point, we continue to seek a constructive resolution that spares shareholders from having to endure a costly, distracting and unnecessary proxy fight. We are focused on continuing to strengthen ReWalk's Board for the benefit of all shareholders. Notably, the October 2020 appointment of Randel Richner and the April 2022 appointment of Joseph E. Turk, Jr. exemplify our commitment to strategic Board refreshment. Both individuals possess critical skill sets in reimbursement and post-CMS commercialization, which aligns with our short and long-term needs. We look forward to engaging further with our shareholders in the days and weeks to come."
TGIFF

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07:56 EDT 1933 Industries announces extraordinary meeting of debentureholders - 1933 Industries announces that it will hold an extraordinary meeting of holders of 10% Senior Unsecured Convertible Debentures Due September 14, 2021. The meeting details are as follows: Date: June 9, 2022; Time: 8:00 a.m. Debentureholders will consider the following amendments:To amend the conversion price applicable to the Debentures from $0.10 to $0.075 per share; To reduce the price per share for interest payments on the Debentures from $0.10 to $0.075 per share; To amend the price at which the Company may require a forced conversion of the Debentures from $0.15 to $0.10 per share, such conversion to be made at the amended Conversion Price of $0.075 per share; To extend the maturity date for the Debentures from September 14, 2022 to September 14, 2023
GMSQF

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07:54 EDT Dairy MAX renews sponsorship with Complexity Gaming - Gamesquare is pleased to announce that Dairy MAX has renewed its sponsorship agreement as the Official Nutrition Partner of Complexity Gaming and has selected Cut+Sew, a Gamesquare company, as its Creative Agency for gaming and esports. Complexity and Cut+Sew will collaborate to identify and execute innovative and creative activations and go-to-market strategies that help Dairy MAX to achieve their mission of working for dairy farmers to build understanding around dairy as a healthy, beneficial, everyday food choice; connecting the role of the dairy farmer to American tables; and driving an increase in dairy consumption. Gamesquare has grown its audience to more than 220 million users across its aggregate social following and media network across Complexity, Cut+Sew, GCN, and Code Red. As highlighted in our recently published Letter to Shareholders, management intends to offer customers more choice and to add sponsors and brands across our group of businesses throughout 2022.
INDP

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07:50 EDT Indaptus Therapeutics jumps 33% to $3.33 after FDA clearance of IND application
ZEAL

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07:47 EDT Zealand Pharma says dasiglucagon met primary endpoint in Phase 3 trial - Zealand Pharma announced positive top-line results from its second Phase 3 clinical trial of dasiglucagon in pediatric patients with congenital hyperinsulinism. The Phase 3 program for dasiglucagon constitutes the largest clinical development program ever conducted in CHI. In this global trial of 12 children with CHI dasiglucagon met the primary endpoint of the trial by demonstrating a statistically significant difference between treatment arms. Baseline intravenous glucose infusion rate was 15.7 mg/kg/min. Dasiglucagon treatment resulted in a significant reduction in the mean IV GIR versus placebo as measured during the last 12 hours of each treatment period. Dasiglucagon was assessed as well tolerated in the trial with an overall safety profile consistent with that reported in the previous Phase 3 trial of older children with CHI. In total, 42 of 44 participants enrolled across the dasiglucagon CHI Phase 3 clinical programs continued into the ongoing safety extension trial. Based on the trial's results, Zealand Pharma will engage with the U.S. Food and Drug Administration to discuss the submission of an NDA for marketing approval. Dasiglucagon has the potential to become the first medicine developed specifically for this debilitating, ultra-rare disease in over three decades
TEVA

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07:47 EDT Teva EVP of R&D sells $1.07M in common stock - In a regulatory filing, Teva disclosed that its EVP of R&D Hafrun Fridriksdottir sold 130K shares of common stock on May 17th in a total transaction size of $1.07M.
AR

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07:45 EDT Antero Resources director sells $34.8M in common stock - In a regulatory filing, Antero Resources disclosed that its director Howard Keenan sold 1.0M shares of common stock on May 18th in a total transaction size of $34.8M.
CROJF

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07:44 EDT Marimaca Copper announces results from RC drill holes at MOD - Marimaca Copper is pleased to announce the results from the first five reverse circulation drill holes, totaling 1,000m, targeting the depth extensions of the Marimaca Oxide Deposit in the area known as the MAMIX Zone. Drilling was designed to step-out from the original MAMIX discovery, as well as to commence infill drilling in some of the high-grade areas identified in previous drilling. The results have positive implications for the Mineral Resource Estimate update planned for Q3 2022. Highlights: MAR-19 extended intersected 420m at 0.54% CuT from surface, including the new re-entry intersection of 120m of 0.50% CuT from 300m; Drilling continues to demonstrate the thickness of the mineralized column at the MOD and significant extension into the MAMIX zone; Extensions identified to the south-west and south-east from the high grade central MAMIX zone; Re-entry hole LAR-49Ext intersected a broad zone of higher-grade mixed copper oxides and extends MAMIX mineralization to the south-west beyond the edge of the PEA open pit; LAR-49 extended intersected 292m of 0.34% CuT from 18m, including the new re-entry intersection of 90m of 0.39% from 220m; Complements and extends previous results from infill drill hole LAR-87 which intersected 288m of oxide mineralization from surface including 46m of 0.41% CuT from 258m, also extending outside the PEA open pit; MAR-12 Ext and MAR-34 Ext extend the MAMIX mineralization to the south-east well beyond the limits of the previously defined area of the MAMIX Zone; MAR-12 extended intersected 320m at 0.30% CuT from surface, including the new re-entry intersection of 170m of 0.24% CuT from 150m, including a higher grade intersection of 42m of 0.54% from 278m; MAR-34 extended intersected 224m at 0.47% CuT from 106m, including the new re-entry intersection of 60m at 0.26% from 270m including a higher-grade zone of 24m at 0.50% CuT from 306m; Expected to have positive implications for MAMIX resource potential and the upcoming MRE update; Re-entry depth extensions of MAR-51 Ext and MAR-26 Ext intercepted thinner, lower grade, zones interpreted to be impacted by NW-SE trending fault structures. Sergio Rivera, VP Exploration of Marimaca Copper, commented: "This drilling was largely designed to test potential for lateral extensions to the MAMIX Zone, which we discovered last year. The results are positive and confirm our interpretation that the MAMIX Zone is open in several directions. LAR-49 intersected a broad zone of good grades with several zones of higher-grade mineralization. Importantly, the results confirm, and step out from, the previously reported results from infill hole LAR-87 which intersected MAMIX style mineralization at depth. MAR-12Ext and MAR-34Ext both significantly extend MAMIX mineralization to the south-east. MAR-51, which was also a step out hole, was drilled very close to a NW trending structure, which explains its lower grade and thinning mineralization. MAR-19Ext was an outstanding drill hole and confirms excellent continuity of the higher grade core of MAMIX zone at depth in the centre of the previous discovery area. Overall, we are very pleased with the first results from MAMIX and we continue to believe it will add material tonnes and grade to our upcoming MRE update."
WISH

Hot Stocks

07:44 EDT ContextLogic director sells $3.7M in common stock - In a regulatory filing, ContextLogic disclosed that its director Hans Tung sold 2.38M shares of common stock on May 16th in a total transaction size of $3.70M.
SIGA

Hot Stocks

07:43 EDT Siga Technologies receives FDA approval for IV formulation of TPOXX - SIGA Technologies announced that the U.S. Food and Drug Administration approved the intravenous formulation of TPOXX for the treatment of smallpox. The IV formulation is an important option for those who are unable to swallow the oral capsules of TPOXX. The oral formulation of TPOXX is approved in the US, Canada and Europe for the treatment of smallpox. The European approval also includes the treatment of monkeypox, cowpox, and complications from immunization with vaccinia. The IV formulation of TPOXX was cited in the recent U.S. president's budget request as being used to treat a patient in the U.S. with monkeypox.
ABEO

Hot Stocks

07:42 EDT Abeona Therapeutics granted second 180-day period by Nasdaq to regain compliance - Abeona Therapeutics announced that the Company has been granted an additional 180-day period from Nasdaq's Listing Qualification Department, through November 14, 2022, to regain compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The Company's common stock continues to trade on the Nasdaq Capital Market under the symbol "ABEO." If at any time until November 14, 2022, the closing bid price of the Company's common stock is at or above $1.00 per share for a minimum of 10 consecutive trading days, Nasdaq will provide the Company with written confirmation of compliance. If compliance cannot be demonstrated during the additional 180-day grace period, Nasdaq will provide written notification that the common stock will be subject to delisting. At such time, the Company may appeal the determination to a Nasdaq Hearings Panel. The Company's common stock would remain listed pending the completion of the appeal process. As part of the Company's strategy to regain compliance with Nasdaq's minimum bid price requirement, Abeona intends to seek approval of a reverse stock split of the outstanding shares of common stock at a Special Meeting of stockholders at 10:00 am ET on June 14, 2022.
MNMD

Hot Stocks

07:41 EDT MindMed reports data from Phase 1 trial of MM-110 - Mind Medicine announced topline results from the Phase 1 placebo-controlled trial designed to assess the safety, tolerability, pharmacokinetics and neurocognitive effects of MM-110 in 108 healthy volunteers. The results showed favorable safety and tolerability, support the advancement of MM-110, and have guided the Phase 2a dose, schedule, and design in individuals undergoing supervised opioid withdrawal. A total of 72 participants received up to 325 mg of MM-110 twice on a single day or placebo, and 36 participants were administered up to 90mg of MM-110 twice daily for seven days or placebo. The topline results and observations include the following: MM-110 was well-tolerated up to 500mg per day in the single ascending dose arm and 60 mg per day for seven days in the multiple-ascending dose arm of the trial. A linear pharmacokinetic profile was maintained across the tested doses and frequencies. Observed clinical effects demonstrated alignment with potent CNS engagement. No serious adverse events were reported. Treatment emergent adverse events were mild or moderate in severity and resolved without sequelae. Clinical laboratory parameters and electrocardiograms were also assessed with no findings of clinical concern across the administered dose ranges. Next steps: Consistent with the Phase 1 trial and aligned with the preclinical data, an every-other-day dose regimen is planned for the Phase 2a trial. This dose schedule offers the potential to be a better option than existing treatments for supervised opioid withdrawal.
ISPC

Hot Stocks

07:41 EDT iSpecimen presnets research on biobanking at ISBER Annual Meeting - iSpecimen announced that the Company gave three presentations at this year's International Society for Biological and Environmental Repositories Annual Meeting in Atlanta, Ga. Jill Mullan, iSpecimen's Chief Operating Officer, gave an oral presentation on an accepted abstract titled, "Biospecimen Matchmaking: The Data-Driven Journey from Internal Spreadsheets to Online Inventories to Just-in-Time Biobanking." The presentation focused on how, after two decades, biobanks are now at a crossroads, as precision medicine requires more customized biospecimen collections with complex patient inclusion criteria that often cannot be fulfilled through existing inventories. iSpecimen analyzed researcher request data, including five years of specimen search data from its proprietary iSpecimen Marketplace platform, to provide insights into how precision medicine is driving the need for "just-in-time" biospecimen collections. iSpecimen used this data to propose requirements for a next-generation biobanking solution that incorporates an online platform using biobanking inventory data, along with in-depth healthcare datasets, to: Connect biorepositories to a global network of researchers who need specimens and data; Enable efficient specimen and patient inventory matchmaking across a federated provider network; Automate inventory-based and just-in-time biobanking workflows from inquiry to invoice; Provide data-driven insights using AI to help align inventory management and market demand. Key findings and conclusions from iSpecimen's analysis included: Many researchers anticipate that the biospecimens they source to advance their work will come from both banked inventories and custom collections in 2022. The best biobank is an active, empty one, rather than a repository with specimens collected from years ago that are never used. To get there, biorepository managers need to consider solutions that include advanced matchmaking and easy search functionality to make existing inventories more accessible, along with just-in-time biobanking approaches to accommodate prospective collections as needed. When it comes to sourcing biospecimens, researchers' preferred approach is using an online platform / marketplace. A key to creating an effective bio procurement solution is the coupling of in-depth healthcare datasets and researcher demand data with AI and analysis tools to bring efficiencies to the biospecimen procurement process, all while helping to drive smarter biobanking inventory strategies. In addition to Ms. Mullan's oral presentation, Dr. Christopher Ianelli, M.D., Ph.D., iSpecimen's Founder and CEO, gave a presentation during the plenary session titled, "From Ideation to IPO: One Company's Journey to Commercialize a Biospecimen Solution." The third presentation came from Dr. Ianelli and Emily Hubbard, iSpecimen's Vice President, Site Development, titled, "An Innovation Solution for Just-in-Time Biobanking," which included an interactive demo of iSpecimen's new, enhanced Marketplace platform.
UXIN

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07:40 EDT Uxin receives Nasdaq notice of non-compliance - Uxin announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market dated May 18, 2022, indicating that for the last 30 consecutive business days, the closing bid price for the Company's American depositary shares was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on Nasdaq. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until November 14, 2022, to regain compliance under the Nasdaq Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company's ADSs is US$1.00 per share or higher for a minimum of ten consecutive business days, Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance by November 14, 2022, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period. The Company's business operations are not affected by the Nasdaq notification letter. The Company intends to monitor the closing bid price of its ADSs between now and November 14, 2022 and will take all reasonable measures in order to regain compliance with the Nasdaq minimum bid price requirement.
AXON

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07:39 EDT Axon, Fusus partner to provide real-time community policing solutions - Axon and Fusus announced a strategic partnership to expand the capabilities of Axon Respond and the Fusus Real Time Crime Center in the Cloud, RTC3, solution to provide agencies better real-time operations situational awareness including streamlined investigative workflows. The partnership will make it easier and more cost-effective for communities to aggregate live feeds from public and private cameras, including closed circuit television cameras, in addition to live video feeds from Axon Body 3, Axon Fleet 3 and Axon Air connected drones, creating a unified operational picture for first responders. With this partnership, additional video footage and sensor data collected by Fusus' connected systems will seamlessly integrate with the Axon Respond viewer. In addition, video and officer location captured by Axon Body 3 and Fleet 3 cameras will be available in Fusus' RTC3 Real-Time Crime Center via their cloud interfaces. "Fusus presents agencies with a unique opportunity to unify all of their public safety infrastructure like cameras, automatic license plate readers, automatic vehicle location and other data sources on a single, technology agnostic platform," says Axon's General Manager and Senior Vice President of Real-Time Operations, Ran Mokady. "Our partnership with Fusus aligns with our vision for the future of public safety, where agencies and communities can work together seamlessly to create safer environments for all."
CLNN

Hot Stocks

07:38 EDT Clene receives $3M loan from State of Maryland for manufacturing facility - Clene announced that the Maryland Board of Public Works has finalized a $3 million loan facility with Clene Nanomedicine. The loan was provided by the state's Neighborhood BusinessWorks program within the Maryland Department of Housing and Community Development. This non-dilutive loan for capital equipment purchases will support the expansion of Clene's operations in Cecil County, Maryland, at a new commercial manufacturing facility for production of its lead drug candidate, CNM-Au8, a gold nanocrystal suspension. The purchased capital equipment will secure the loan. This expansion is aligned with Clene's anticipation of the potential commercialization of CNM-Au8 as a treatment for amyotrophic lateral sclerosis. Clene expects topline data in the third quarter of 2022 from a Phase 2/3 registrational study, the HEALEY ALS Platform trial, evaluating CNM-Au8 in ALS patients.When fully developed and operational, Clene's 75,000-square-foot facility is expected to bring hundreds of new jobs to Cecil County in a federally Qualified Opportunity Zone in Elkton, Maryland.
MNRO

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07:38 EDT Monro increases quarterly cash dividend to 28c per share - Monro announced that its board of directors has approved a 2c per share increase in the company's cash dividend for the first quarter of fiscal year 2023 to 28c per share. The company has increased its cash dividend 17 times during the 17 years since a cash dividend was first issued. The cash dividend is payable to shareholders of record on the company's outstanding shares of common stock, including the shares of common stock to which the holders of the company's Class C Convertible Preferred Stock are entitled. The dividend is payable on June 20 to shareholders of record at the close of business on June 6.
JENGQ

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07:37 EDT Just Energy announces transfer of listing from TSX Venture Exchange to NEX - Just Energy Group announced that in response to the Company's previous announcement on May 13, 2022 of a proposed plan of compromise and arrangement involving the Company, the TSX Venture Exchange was transferring the Company's listing from the TSX Venture Exchange to the NEX, effective at the opening of the market on Friday, May 20, 2022. The trading symbol for the Company will change from JE to JE.H. There is no change in the Company's name or CUSIP number.
MNRO

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07:37 EDT Monro selling Tires Now distribution assets to American Tire Distributors - Monro and American Tire Distributors have entered into a definitive agreement pursuant to which ATD will acquire Monro's wholesale tire distribution assets, operating under the Tires Now name. Tires Now operates seven facilities across the Southeastern United States, servicing more than 3,500 wholesale customer locations annually. ATD will pay Monro $105M in cash for the assets under the Tires Now operations and for certain assets under Monro's internal tire distribution operations, subject to customary escrow arrangements. The agreement provides that $65M will be paid at closing and the remaining $40M will be paid quarterly based on Monro's tire purchases from or through ATD in connection with a distribution agreement also being entered into by ATD and Monro. The transaction is expected to close by the end of Q2, subject to clearance under customary closing conditions.
OBSV

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07:37 EDT ObsEva appoints Annette Clancy as chair of the board - ObsEva announced the appointment of Annette Clancy as Chair of the Board of Directors at the Company's Annual General Meeting on May 18, 2022. Ms. Clancy has served as a member of ObsEva's Board of Directors since 2013 and was previously Chair from November 2013 to December 2016. Ms. Clancy succeeds Dr. Frank Verwiel, who had decided to step down from the role of Chair and retire from the Board of Directors, effective following the conclusion of the Annual General Meeting. Since her retirement from GSK in 2008, Ms. Clancy has advised venture capital health groups in the United States and Europe, namely as an Operational Investor for Jeito Capital and previously a Senior Advisor to Frazier Healthcare Ventures.
MNRO

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07:36 EDT Monro announces $150M share repurchase program - Monro announced that its board of directors has authorized a share repurchase program for the repurchase of up to $150M of the company's common stock. The company may repurchase shares of common stock from time to time as market conditions warrant, subject to regulatory considerations.
GOLD

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07:36 EDT Barrick Gold extends revolving credit facility - Barrick Gold announced that it has completed an amendment and restatement of the company's undrawn $3.0 billion revolving credit facility, including an extension of the termination date by one year to May 2027, replacement of LIBOR with SOFR as the floating rate mechanism related to the interest rate for any US dollar funds drawn down, and the establishment of sustainability-linked metrics. The sustainability-linked metrics incorporated into the revolving credit facility are made up of annual environmental and social performance targets directly influenced by Barrick's actions, rather than based on external ratings. The performance targets include Scope 1 and Scope 2 greenhouse gas emissions intensity, water use efficiency, and Total Recordable Injury Frequency Rate 1. Barrick may incur positive or negative pricing adjustments on drawn credit spreads and standby fees based on its sustainability performance versus the targets that have been set.
OCUP

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07:35 EDT Ocuphire Pharma trading resumes
OCUP

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07:35 EDT Ocuphire Pharma trading halted, news pending
EXROF RIVN

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07:35 EDT Exro Technologies appoints Copes to board of directors - Exro Technologies (EXROF) announced that it has appointed recently retired Rivian (RIVN) Chief Operating Officer Rod Copes to its Board of Directors.
VRNOF

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07:33 EDT Verano Holdings announces opening of MUV Ocala - Verano Holdings announced the opening of MUV Ocala on Friday, May 20, the Company's 47th Florida dispensary and 98th nationwide. MUV Ocala, located at 3701 SW College Road, is open Monday through Saturday from 9:00 a.m. to 7:00 p.m. and Sunday from 11:00 a.m. to 5:00 p.m., local time. MUV Ocala is located in Marion County, a rapidly growing area that experienced a population increase of 13.5% from 2010 to 2021. Ocala was also recently named the sixth fastest-growing city in the United States.
NEPT

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07:33 EDT Neptune Wellness appoints Sanford to board of directors - Neptune Wellness Solutions announced that Phil Sanford has joined the Neptune Board of Directors and will serve as Audit Chair. Sanford previously served on the executive team at N3, a global technology-enabled inside sales organization that was acquired by Accenture in 2020.
OCUP

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07:32 EDT Ocuphire Pharma says LYNX-1 Phase 3 trial met primary endpoint - Ocuphire Pharma announced topline results from the LYNX-1 Phase 3 pivotal clinical trial investigating its product candidate Nyxol for night vision disturbances. Across 12 US clinical trials with approximately 1100 subjects, over 650 subjects have now been exposed to Nyxol. NVD is a condition in which unfocused rays of light derived from imperfections in the periphery of the cornea manifest as reduced image quality when the pupil dilates in dim light conditions. Patients with NVD experience glare, halos, starbursts, and decreased contrast sensitivity. The effects of NVD can be mitigated by moderately reducing pupil diameter to eliminate some of the aberrations and their scattering effect, without impeding the ability to see in dim light due to reduced retinal illumination. Highlights of LYNX-1 NVD Phase 3 Results" LYNX-1 is a registration trial for Nyxol in this chronic NVD indication, and was designed as a randomized, double-masked, placebo-controlled, Phase 3 study to evaluate the safety and efficacy of Nyxol compared to placebo. In the trial, 145 study participants who experienced vision impairment under dim light conditions were randomized to receive either Nyxol or placebo, self-administered in each eye daily, at or near bedtime, over 14 days. The primary endpoint was the gain of 3 lines or more of distance vision improvement on a low contrast chart in dim light conditions. Baseline demographics and ocular characteristic means were well-balanced across Nyxol and placebo treatment arms. Highlights of the patient population include a mean age of 46 years with participants ranging from 19 to 70 years old; subjects with a mix of light and dark irides; mean baseline mesopic pupil diameter of 6.1 mm; and mean distance visual acuity of only 17 letters under mesopic low contrast conditions. Summary of LYNX-1 Data: The FDA-agreed primary endpoint was met, with a statistically significant greater percentage of Nyxol-treated subjects having gained 15 or more letters of mesopic low contrast distance visual acuity at Day 8, compared to placebo. Key secondary efficacy endpoints were also met with statistical significance: The effect of Nyxol increased at Day 15, with 21% of subjects gaining 15 or more letters of mLCVA compared to 3% placebo; Nyxol significantly increased the percentage of subjects gaining 10 or more letters of mLCVA at both Day 8 with 41% vs. 22% placebo and at Day 15 with 44% vs. 23%; Nyxol showed a favorable safety and tolerability profile: There were no serious adverse events; Adverse events occurring in Nyxol-treated subjects were predominantly mild in severity and were consistent with those observed in previous trials.
AKUS

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07:30 EDT Akouos presents nonclinical data on AK-OTOF, microRNA target sites - Akouos presented nonclinical data at the American Society of Gene and Cell Therapy 25th Annual Meeting. The company gave two nonclinical presentations at the meeting: one that supports the planned clinical development of AK-OTOF, a gene therapy intended for the treatment of OTOF-mediated hearing loss; and another that supports the potential use of microRNA target site in adeno-associated viral vectors for regulated gene expression in the inner ear. Nonclinical In Vivo Expression, Durability of Effect, Biodistribution/Shedding, and Safety Evaluations Support Clinical Development of AK-OTOF for OTOF-mediated Hearing Loss: AK-OTOF is an AAV vector-based gene therapy intended for the treatment of patients with otoferlin gene-mediated hearing loss by delivering transgenes encoding OTOF to inner hair cells. Following intracochlear delivery, and subsequent co-transduction of IHCs by each component vector, the two transgene products recombine to generate a full-length otoferlin mRNA transcript and subsequently a full-length otoferlin protein. Results from this presentation show: Intracochlear administration of AK-OTOF in otoferlin knockout mice, or its tagged version in non-human primates leads to full-length human otoferlin protein expression only in the target IHCs; human otoferlin expression in IHCs of Ofof -/- mice restores auditory function as early as two weeks post-administration and restoration was durable through at least six months. AK-OTOF was systemically and locally well tolerated in both mice and NHPs, and no adverse effects were observed in clinical pathology, otic pathology, systemic histopathology, or auditory or cochlear function. Limited systemic exposure of AK-OTOF following intracochlear administration was observed, and no otoferlin protein expression was detected in any non-target tissue types evaluated, including those with detectable levels of vector sequences and otoferlin mRNA expression. Together, these nonclinical studies further support the planned clinical development of AK-OTOF for the treatment of OTOF-mediated hearing loss. Evaluating miR-Target Sites as a Strategy to Allow AAV Vector-based De-targeting of Gene Expression in the Inner Ear: In the development of AAV gene therapy vectors, a goal is to generate safe and effective product candidates that deliver targeted transgene expression. Ubiquitous promoters can drive strong widespread expression in the inner ear in mice and NHPs. This expression can be well tolerated across the inner ear, as is the case for Akouos's first two programs, AK-OTOF and AK-antiVEGF. Addition of selective cis-regulatory elements may be needed for some transgenes, such as GJB2, where expression in a portion of nontarget cells is not well tolerated. This nonclinical study explored the potential use of miR-TS incorporation in AAV vectors for de-targeting transgene expression in different cell types of the cochlea. Using an in vitro model, expression of transgene mRNA and protein in the presence or absence of the target sites was evaluated. Akouos identified multiple microRNA target sites to drive various differential expression patterns demonstrating that a combination of AAVAnc80 and miR-TS can drive expression in supporting cells, while limiting expression in hair cells in cochlear explants. Future work will focus on evaluating miR-TS regulation in vivo and identifying combinations of different miR-TSs to enhance de-targeting in specific cell types where, for example, expression driven by ubiquitous promoters is not well tolerated.
OBSV

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07:28 EDT ObsEva says shareholders approved all board proposals at 2022 meeting - ObsEva announced that shareholders approved all Board proposals at its 2022 Annual General Meeting held on May 18, 2022. The approved items are as follows: Shareholders approved the Annual Report, the Statutory Financial Statements and the Consolidated Financial Statements for Fiscal Year 2021; Shareholders granted discharge to the Members of the Board of Directors and to the Executive Committee for year 2021; Shareholders approved the proposed appropriation of the Financial Results for year 2021; Shareholders approved the proposed elections to the Board of Directors and election of the Chairperson of the Board of Directors; Shareholders approved the proposed elections to the Compensation Committee; Shareholders approved the re-election of PricewaterhouseCoopers SA as ObsEva SA's Auditors and Independent Registered Public Accounting Firm; Shareholders approved the re-election of Perreard de Boccard SA as Independent Representative; Shareholders approved the proposed compensation of the Board of Directors and the Executive Committee; Shareholders approved the proposed increase of ObsEva SA's Authorized Share Capital; Shareholders approved the proposed increase of ObsEva SA's Conditional Share Capital for Financing Purposes; Shareholders approved the proposed increase of ObsEva SA's Conditional Share Capital for Equity Plans; Shareholders approved the proposed change to ObsEva SA's Equity Incentive Plan; Shareholders approved the Issuance of Conversion Shares and Warrant Shares under Securities Purchase Agreement.
ARGX

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07:26 EDT Argenx announces publication of translational data of efgartigimod - argenx announced the publication of novel translational data from the open-label Phase 2 study of efgartigimod for the treatment of pemphigus that further support the potential role of FcRn blockade and potential of efgartigimod in autoimmune skin blistering disorders. The translational data, "FcRn Antagonism Leads to a Decrease of Desmoglein-Specific B Cells: Secondary Analysis of a Phase 2 Study of Efgartigimod in Pemphigus Vulgaris and Pemphigus Foliaceus" were published in the journal Frontiers of Immunology. The novel translational data, along with previously published translational data in Cells, will also be presented in a symposium today at the Society for Investigative Dermatology Annual Meeting at 7:30am PT. The complete results from the Phase 2 study of efgartigimod for the treatment of pemphigus were published in the British Journal of Dermatology. Pemphigus and BP are IgG-mediated autoimmune skin blistering diseases; In pemphigus, IgG autoantibodies against Dsg-1 and Dsg-3 cause acantholysis or disruption of keratinocyte adhesion; new data suggest role of additional non-desmoglein IgG autoantibodies in pemphigus pathophysiology; In BP, IgG autoantibodies against hemidesmosomal proteins at the dermal-epidermal junction drive pathophysiology of disease; In a secondary analysis of a subset of patients in the Phase 2 study of efgartigimod in pemphigus: Efgartigimod treatment resulted in sustained reduction of antigen-specific B-cells in participants with pemphigus vulgaris and foliaceus, maintained following treatment cessation, and which correlated with sustained clinical improvement while total IgG returned to near baseline levels; Median CD19+ B-cells remained within normal limits at all timepoints measured, and no new safety signals were detected; No observed effect on total leukocytes, neutrophils, monocytes, or lymphocytes in patients treated with long-term efgartigimod therapy, however frequency of CD19+ B-cells in circulation was observed to decrease following efgartigimod treatment; Efgartigimod was shown to efficiently rescue the loss of keratinocyte adhesion upon anti-Dsg-3 antibodies and PV IgG treatment, indicating that stabilization of keratinocyte adhesion may present a novel treatment paradigm for pemphigus
INDP

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07:24 EDT Indaptus announces FDA clearance of IND application to Decoy20 trial - Indaptus Therapeutics announced that the U.S. Food and Drug Administration has cleared the Company's Investigational New Drug application for a Phase 1 clinical trial in patients with advanced solid tumors where currently approved therapies have failed. The Company plans to initiate the clinical trial in the second half of 2022.
ALRN

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07:23 EDT Aileron announces first patients treated in Phase 1b trial of ALRN-6924 - Aileron Therapeutics announced it has treated the first patients in its Phase 1b randomized, controlled clinical trial evaluating ALRN-6924 to protect against chemotherapy-induced neutropenia and other bone marrow toxicities, as well as toxicities outside of the bone marrow in patients with p53-mutated breast cancer who are being treated with doxorubicin plus cyclophosphamide and docetaxel. Aileron has previously presented non-clinical proof of mechanism data demonstrating ALRN-6924's ability to arrest cell cycling and protect against chemotherapy-induced toxicities in bone marrow stem cells, epithelial gut mucosa cells (in vivo), and hair follicles and their stem cells. The company has also presented proof of mechanism data for cell cycle arrest in bone marrow stem cells and hair follicle cells in healthy human volunteers, and proof of concept data for reduce
TCRX

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07:22 EDT TScan Therapeutics presents preclinical data from solid tumor program - TScan Therapeutics presented two posters and an oral presentation around TScan's proprietary platform technologies for its solid tumor program at the American Society of Gene and Cell Therapy 25th Annual Meeting. Presentation Highlights: Poster presentation titled "Discovery of TSC-200-A02: A natural HPV16 E7-specific TCR-T cell therapy candidate for the treatment of HPV-positive solid tumors," presented by Gavin MacBeath, Ph.D. Using TScan's proprietary ReceptorScan platform, 453 putative HPV16 E7-specific TCRs were discovered by screening 681 million naive CD8+ T cells from 15 unique healthy donors and testing each TCR for expression in primary T cells and for its ability to kill cells pulsed with the E7 peptide, using a National Cancer Institute HPV TCR as a benchmark. ReceptorScan identified a lead TCR, TCR-200-A02, and showed comparable cytotoxicity to the therapeutic TCR from NCI that has previously shown a 50% objective response rate in a Phase 1 clinical trial. SafetyScan, an array-based screening technology for off-target reactivity, showed that TCR-200-A02-expressing CD3+ T cells did not cross-react with 108 out of 110 of the most common HLA types in the US population, allowing this TCR-T to be used in the vast majority of patients. Additionally, TCR-200-A02 showed no reactivity to normal cells from healthy HLA-A*02:01+ human donors, indicating no off-tumor reactivity risk. Treatment with TCR-200-A02 showed significant inhibition of tumor growth in immunocompromised mice inoculated with HPV positive tumor cell lines. TScan has designed a transposon-based vector to deliver TSC-200-A02, along with genes for CD8alpha/beta and a dominant-negative form of TGFbeta Receptor II, into both CD4+ and CD8+ T cells. T cells expressing this vector were able to efficiently overcome TGFbeta-mediated suppression. These results validate the use of ReceptorScan and SafetyScan as a way to rapidly identify naturally occurring, high affinity, and derisked TCRs suitable for clinical development. The Company has advanced this TCR-T into IND-enabling studies as TSC-200-A02. Poster presentation titled "Multiplexed TCR-T cell therapy: A strategy to enhance the efficacy of engineered T cell therapy," presented by Gavin MacBeath, Ph.D. Variable inter- and intra-tumoral antigen expression was observed in human melanoma tumor samples as shown by heterogenous antigen expression of PRAME and MAGEC2 that varied from cell to cell within the same tumor. Non-small cell lung cancer samples showed wide prevalence of clonal and partial HLA LOH of the HLA-A*02:01 allele occurring in ~40% of NSCLC samples indicating that these tumors would not have responded to single TCRs targeting HLA-A*02:01 epitopes. Previous studies have indicated that this HLA LOH occurs through deletion of an entire chromosome arm where the HLA genes are located. Synergistic cytotoxicity was observed when HPV+ and MAGEA1+ cell lines were grown in the presence of an HPV16 E7-TCR-T and MAGEA1-TCR-T combination. MAGEA1-specific TCR-T cells co-cultured with a target cell line with high expression of MAGEA1 synergistically enhanced the cytotoxicity of MAGEC2 TCR-T cells co-cultured with a cell line with moderate MAGEC2 expression. The increased cytotoxicity was driven by cytokines secreted by MAGEA1-targeted T cells, leading to increased activation of MAGEC2-targeted T cells. These data suggest that a multiplexing approach can synergistically address target heterogeneity. TScan has devised a screening strategy to select patients for multiplexed TCR therapy. This includes germline HLA genotyping, followed by tumor assessment for target expression and HLA LOH. If LOH is observed, TCRs are chosen that target two different HLAs on the intact chromosome, which cannot be lost. If LOH is not observed, TCRs are chosen that target HLAs on opposite chromosomes to avoid secondary LOH. TScan's ImmunoBank enables customized multiplexing of TCRs across both targets and HLAs, which is designed to prevent resistance arising from either target loss or HLA LOH. These findings support the hypothesis that multiplexed TCR-T has the potential to overcome antigen heterogeneity not only through independent targeting of different target cells in the same tumor, but also by cytokine-mediated enhancement of each T cell's response. Oral presentation titled "Discovery of a novel C*07:02-restriced epitope on MAGE-A1 and pre-clinical development of an enhanced TCR-T cell therapy candidate for the treatment of solid tumors," presented by Gavin MacBeath, Ph.D. TScan's proprietary technology, TargetScan, allowed for the identification of TCRs and cancer antigens from a head and neck cancer patient who exhibited substantial tumor reduction after only eight weeks of checkpoint therapy. Two different expanded T cell clones from the patient's tumor shared a common TCR directed to a novel C*07:02-restricted epitope of MAGEA1 which was a potential driver of the anti-tumor response. MAGEA1 is a cancer/testis antigen expressed in various cancers but not normal tissues except for testis which is an immune privileged organ. MAGE-A1 is expressed in ~50% of melanoma and non-small cell lung cancer and high expression is correlated with poor survival. SC-204-C07 displayed strong cytotoxicity and cytokine secretion in response to HLA-C*07:02 positive cell lines that expressed MAGEA1 but not a cell line that lacked MAGEA1 expression, indicating no risk of off-tumor reactivity. Our results suggest that TargetScan can identify relevant tumor antigens and TCRs from expanded T cell repertoires of patients exhibiting strong and durable responses to checkpoint therapy, thereby providing suitable TCRs for clinical development.
SWAV

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07:19 EDT ShockWave announces data on one-year outcomes with coronary IVL - Shockwave Medical announced new data confirming excellent one-year outcomes with coronary IVL in both women and men. The one-year results from the Disrupt CAD clinical program were presented at the 2022 Scientific Sessions of the Society for Cardiovascular Angiography & Interventions. Unlike previous reports with atherectomy that have shown worse angiographic complications in women versus men a pooled analysis of the Disrupt CAD III & IV studies showed that IVL was equally safe and effective in men and women. Despite the smaller vessel size in women, the primary effectiveness endpoint of procedural success for women and men was similar. The primary safety endpoint of 30-day MACE for women and men was also similar. Notably, there were also consistently low rates of post-IVL serious angiographic complications in women and men, which differs from similar analyses in an atherectomy population. At one year, women and men had similar rates of MACE and target lesion failure, respectively. The components of target lesion revascularization were low in both women and men and numerically favored females, including target vessel-myocardial infarction, target lesion revascularization and stent thrombosis. The presentation follows the recent publication of SCAI's "Expert Consensus Statement on Sex-Specific Consideration in Myocardial Revascularization" in JSCAI, which referenced the role of IVL in female patients. The SCAI statement concluded, "while additional evidence is needed, these results taken in the context of outcomes with atherectomy devices suggest that IVL may emerge as a first-line therapy for plaque modification of calcified lesions in women specifically."
TPIC

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07:18 EDT TPI Composites approves changes to corporate governance policies - TPI Composites announced that its Board of Directors has approved certain additional changes to the Company's corporate governance policies and practices. The Board has approved an amendment to the Company's bylaws to implement a majority voting standard for uncontested director elections, effective January 1, 2023. In addition, the Board has committed to putting to a stockholder vote at the 2023 Annual Meeting of Stockholders a proposal to eliminate the supermajority vote requirement to adopt, amend or repeal certain provisions of the Company's charter and bylaws. These newly announced changes are in addition to the Board already seeking stockholder approval to declassify the Board at the upcoming annual meeting. The Company's new majority voting standard will be effective January 1, 2023 and will apply to all future elections, but will not impact the results of the 2022 Annual Meeting, for which voting has already commenced. When effective, the new majority voting standard will require each director nominee to submit, in advance of such nomination, an irrevocable resignation, subject to acceptance by the Board, that would become effective if such nominee does not receive more votes properly cast in favor of his or her election or re-election than votes properly cast against such election or re-election. Previously, under a plurality voting standard, the candidates receiving the most affirmative votes were elected, regardless of whether those votes constituted a majority. Plurality voting will continue to apply in contested elections in which the number of director candidates exceeds the number of available positions.
MRSN

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07:16 EDT Mersana announces FDA grant of orphan drug designation to XMT-2056 - Mersana Therapeutics announced that the U.S. Food and Drug Administration has granted orphan drug designation to XMT-2056, the company's lead Immunosynthen STING-agonist ADC, for the treatment of gastric cancer.X MT-2056 is designed to offer a differentiated and complementary therapeutic approach to existing and emerging solid tumor treatments. The company developed XMT-2056 leveraging a differentiated antibody that binds to a novel HER2 epitope, providing the opportunity, as demonstrated in preclinical studies, for treatment both as monotherapy and in combination with a variety of agents, including other anti-HER2 therapies. Mersana plans to initiate a Phase 1 trial of XMT-2056 in a range of HER2 expressing tumors, such as breast, gastric and non-small-cell lung cancers, in mid-2022.
AGI

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07:15 EDT Alamos Gold enters automatic share repurchase plan - Alamos Gold announced that it has entered into an automatic share purchase plan with a broker in order to facilitate repurchases of Alamos' Class A common shares under its previously announced normal course issuer bid. Since December 24, 2021, Alamos has purchased 1.0 million shares in total pursuant to the NCIB at an average price of US$7.415 at a cost of $7.4 million, with all the purchases occurring in May 2022. During the effective period of the ASPP, Alamos' broker may purchase Common Shares at times when Alamos would not be active in the market due to insider trading rules and its own internal trading blackout periods. Purchases will be made by Alamos' broker based upon parameters set by Alamos when it is not in possession of any material non-public information about itself and its securities, and in accordance with the terms of the ASPP. Outside of the effective period of the ASPP, Common Shares may continue to be purchased in accordance with Alamos' discretion, subject to applicable law. The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws. Alamos previously announced that it had received approval from the Toronto Stock Exchange to, during the 12-month period commencing December 24, 2021 and terminating December 23, 2022, purchase up to 29,994,398 Common Shares, representing approximately 10% of the Company's public float of the Common Shares as of December 15, 2021, being 299,943,980 Common Shares, by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted under applicable law.
BAM

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07:14 EDT Brookfield announces renewal of normal course issuer bid - Brookfield announced it has received approval from the Toronto Stock Exchange for the renewal of its normal course issuer bid to purchase up to 138,664,974 Class A Limited Voting Shares, representing 10% of the public float of Brookfield's outstanding Class A Shares. Purchases under the bid will be made on the open market through the facilities of the TSX, the New York Stock Exchange, and/or alternative trading systems. The period of the normal course issuer bid will extend from May 25, 2022 to May 24, 2023, or an earlier date should Brookfield complete its purchases. Brookfield will pay the market price at the time of acquisition for any Class A Shares purchased or such other price as may be permitted. As at May 17, 2022, the number of Class A Shares issued and outstanding totaled 1,641,397,240 of which 1,386,649,739 shares represented the public float. In accordance with the rules of the TSX, the maximum daily purchase on the TSX under this bid will be 409,365 Class A Shares, which is 25% of 1,637,460. Since the last program and as of May 17, 2022, we purchased 5,829,618 shares; 1,967,121 Class A Shares through open market purchases on the TSX and 3,862,497 Class A Shares through open market purchases on the NYSE, of the 132,856,682 Class A Shares approved for purchase under Brookfield's prior normal course issuer bid that commenced on May 25, 2021 and will expire on May 24, 2022. The weighted average price that Brookfield paid per Class A Share acquired under this bid was US$51.72. Brookfield is renewing its normal course issuer bid because it believes that, from time to time, the market price of its Class A Shares may not fully reflect the underlying value of its business and its future business prospects. Brookfield believes that, in such circumstances, the outstanding Class A Shares represent an attractive investment for Brookfield, since a portion of its excess cash generated on an annual basis can be invested for an attractive risk adjusted return through the issuer bid. All Class A Shares acquired by Brookfield under this bid will be cancelled and/or purchased by a non-independent trustee pursuant to the terms of Brookfield's long-term incentive plans. Brookfield intends to enter into an automatic purchase plan on or about the week of June 20, 2022 in relation to the normal course issuer bid. The automatic purchase plan will allow for the purchase of Class A Shares, subject to certain trading parameters, at times when Brookfield ordinarily would not be active in the market due to its own internal trading black-out period, insider trading rules or otherwise. Outside of these periods, Class A Shares will be repurchased in accordance with management's discretion and in compliance with applicable law.
WNC

Hot Stocks

07:13 EDT Wabash announces 2025 EPS target of $3.50, revenue target of $3B - Wabash is hosting a virtual investor meeting at 10:00 a.m. EDT today, where members of the leadership team will present the company's refreshed strategy, growth initiatives and 2025 financial targets. Wabash is announcing the following financial targets for 2025: Revenue of $3.0B; EBITDA margin of 11%; EPS of $3.50. "We are excited to share how we are executing our refreshed strategy and accompanying growth initiatives," said President and Chief Executive Officer Brent Yeagy. "Accelerated R&D and product development leveraging the voice of the customer is in the early stages of generating new products that solve our customers' most important needs. By becoming a holistically more customer-centric organization, we expect to see the customer value we create accrue to our shareholders as our financial performance accelerates." Leadership presentations will cover how the company is delivering the only true First to Final Mile portfolio; industry-leading R&D activities that poise Wabash to capture significant market opportunity; and how sustainability is at the core of Wabash's strategy and increases value to its customers. Wabash's strategic growth initiatives center on three key areas: Cold Chain - Wabash's innovative EcoNex Technology offers superior thermal capability, lighter-weight, reduced corrosion and extended asset life - resulting in operational efficiency, while enhancing the sustainability initiatives of our customers. The scalability of EcoNex throughout Wabash's First to Final Mile portfolio is substantial and evidenced by the success of our recently launched grocery home delivery vehicle. Recurrent Revenue in Parts and Services - The creation of a new tech-enabled Wabash parts distribution network will unify and expand Wabash's parts distribution capabilities across all product lines and provides immediate scale to grow. Ecommerce and Logistics Disruption - Shifting consumer buying patterns have dislocated traditional logistics models, driving a structural increase in the volumes and types of equipment needed from first to final mile. This shift offers an opportunity for Wabash to bring new and refreshed product offerings to market to help customers thrive in a time of rapid change.
RS

Hot Stocks

07:12 EDT Reliance Steel appoints Stephen Koch as EVP, COO - Reliance Steel & Aluminum announced the retirement of Michael Shanley as its Senior Vice President, Operations, effective December 31, 2022. In advance of his retirement, Mr. Shanley will transition from his current position to the role of Special Advisor, effective July 1, 2022. As Special Advisor, Mr. Shanley will report directly to Jim Hoffman, Reliance's CEO, to facilitate the transition of his role as well as support other special projects. Consistent with the Board's executive leadership succession plan at all levels of the organization, Reliance also announced the promotion of Stephen Koch to Executive Vice President and COO, and the promotion of Michael R. Hynes to Senior Vice President, Operations, both effective July 1, 2022. Mr. Koch's responsibilities will include the oversight of operations throughout Reliance, including safety and organic growth, as well as the Company's information technology strategy. Mr. Hynes' responsibilities will include overseeing the performance of a number of Reliance operations, providing strategic direction and general management guidance. Mr. Koch currently serves as Senior Vice President, Operations, a role he has held since 2010. Hynes currently serves as President of Phoenix Metals.
ATEX

Hot Stocks

07:12 EDT Anterix announces launch of new integrated platform - Anterix announced the launch of an integrated platform to accelerate the scale benefits of a "network" of individual private broadband networks. At the center of this integrated platform will be a cloud-based 4G/5G core, enabling greater resilience and enhanced services between participating networks. The platform will also offer a development and innovation environment for the more than seventy-five leading technology companies in the Anterix Active Ecosystem, to drive products and services directly to utility network operators. "While the core of our offering remains focused on providing the spectrum needed to enable utility private broadband networks, this transition to a broader suite of solutions is in response to our customers' needs. The premise of this effort is that we all are stronger together. This platform capitalizes on the utility industry's well-established culture of collaboration, providing our more than seventy-five Active Ecosystem members with the collective voice of their utility customers. As the USAB identifies the industry's needs, Anterix and the Active Ecosystem community are there to deliver," said Rob Schwartz, President & CEO of Anterix.
CSTL

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07:11 EDT Castle Biosciences' DecisionDx-SCC shows risk-stratification efficacy in study - Castle Biosciences announced new data showing that DecisionDx-SCC can independently risk-stratify patients with cutaneous squamous cell carcinoma - SCC - and one or more risk factors according to their biologic risk of metastasis, consistent with findings in previous development and validation studies. The poster was presented at the 2022 American College of Mohs Surgery Annual Meeting. DecisionDx-SCC is Castle's prognostic 40-gene expression profile test designed to use a patient's tumor biology to predict individual risk of metastasis for patients diagnosed with SCC who have one or more high-risk factors. The test stratifies patients into one of three classes based on their biologic risk of metastasis. Kaplan-Meier analysis showed a statistically significant difference in metastasis-free survival rates between DecisionDx-SCC Class 1, Class 2A and Class 2B results, demonstrating the ability of the test to risk-stratify patients according to their biologic metastatic risk.
CDEV

Hot Stocks

07:10 EDT Centennial Resource, Colgate Energy to combine in merger of equals - Centennial Resource Development and Colgate Energy Partners III announced they have entered into an agreement to combine in a merger of equals transaction. The combined company will be the largest pure-play E&P company in the Delaware Basin with approximately 180,000 net leasehold acres, 40,000 net royalty acres and total current production of approximately 135,000 Boe/d. The combined company plans to leverage its high-quality, scaled asset base to drive leading shareholder returns. Key Highlights: High-quality, complementary asset base with differentiated inventory depth to support sustainable free cash flow growth; Positioned to significantly increase cash returns to shareholders, with over $1 billion of expected free cash flow in 2023 at current strip prices; Highly accretive to key financial metrics, including cash flow, free cash flow and net asset value per share; Strong balance sheet with expected leverage below 1.0x at year-end 2022; Sean Smith to serve as Executive Chair of the Board; Will Hickey and James Walter to serve as Co-CEOs; Significant equity ownership of combined management team aligns with shareholders; Shared commitment to prioritizing ESG with continued focus on reducing environmental impact. The approximately $7.0 billion merger of equals values Colgate at approximately $3.9 billion and is comprised of 269.3 million shares of Centennial stock, $525 million of cash and the assumption of approximately $1.4 billion of Colgate's outstanding net debt. Given existing cash balances and interim free cash flow, the company expects its net debt-to-LTM EBITDAX ratio at closing to be approximately 1.0x. The cash consideration and the repayment of Colgate's outstanding credit facility borrowings at closing are expected to be funded with cash on hand and borrowings under an upsized revolving credit facility. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close in the second half of 2022. The company intends to provide detailed forward-looking guidance for the remainder of 2022 at or shortly after closing of the transaction. Upon closing, Sean Smith will serve as Executive Chair of the Board of Directors of the newly combined business, and Will Hickey and James Walter will lead the company as Co-CEOs and will serve on the Board of Directors. Matt Garrison, Centennial's current Chief Operating Officer, and George Glyphis, Centennial's current Chief Financial Officer, will continue to serve in their respective roles at the combined company. The combined company will be headquartered in Midland, with key positions filled by representatives from both companies. The Denver office will remain open for the foreseeable future to ensure continuity and continued operational success. The combined company will operate under a new name and stock ticker symbol, which are expected to be announced prior to closing. Following the merger, Centennial's Board of Directors will be expanded to eleven directors, consisting of Sean Smith, Will Hickey, James Walter, William Quinn and Robert Tichio, in addition to six independent directors. Immediately following the closing, existing Centennial shareholders will own approximately 53% of the combined company, and existing Colgate owners will own approximately 47% of the combined company. Centennial's largest shareholder, Riverstone, which currently owns approximately 25% of Centennial's outstanding shares, has executed a Voting and Support Agreement in connection with the transaction. The closing of the merger is subject to customary closing conditions, including approval by Centennial shareholders and regulatory approvals.
MITC

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07:10 EDT MeaTech 3D's Peace of Meat signs strategic agreement with ENOUGH - MeaTech 3D announces that its wholly owned Belgian subsidiary, Peace of Meat, has signed a joint development agreement with ENOUGH. The collaboration aims to accelerate MeaTech's go-to-market strategy for hybrid products. This initiative will combine Peace of Meat's expertise in cultured avian development with ENOUGH's mycoprotein ingredient to create hybrid alternative meat products. Cultured avian fat biomass will provide the signature flavors, aromas and textures of conventional meat. ENOUGH's mycoprotein will add high nutritional value with rich protein and fiber content and essential amino acids, zinc and iron. A pilot plant and R&D facility in Belgium are planned to begin scaled-up production in 2023. ENOUGH will also have its flagship pilot plant in the south of the Netherlands not far from Peace of Meat's facility. Arik Kaufman, CEO of MeaTech, said: "We are excited to sign a collaboration agreement with ENOUGH, a global leader in mycoprotein as an ingredient, to accelerate our commercialization of next-generation meat substitutes - hybrid products with cultured fat biomass. These game changing, primarily plant-based products promise to offer a meatier taste and mouthfeel that is closer to conventional meat products."
BRAG

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07:09 EDT Bragg Gaming approved for license by Pennsylvania Gaming Control Board - Bragg Gaming announced that at yesterday's meeting, the Pennsylvania Gaming Control Board, or PGCB, approved the company to participate in the Commonwealth's iGaming market. The PGCB's approval is the final regulatory approval needed in advance of closing for Bragg to complete its previously announced acquisition of Spin Games which the company expects to close later this month. Nevada-based Spin Games is a B2B gaming technology and content provider currently servicing the U.S. market. Spin Games holds licenses in iGaming-regulated U.S. states including New Jersey, Pennsylvania, Michigan and Connecticut, and supplies Tier 1 operators in these markets.
ORCL

Hot Stocks

07:08 EDT Oracle, NIH Networks collaborate to help end HIV - The HIV Vaccine Trials Network, funded by the National Institute of Allergy and Infectious Diseases, NIAID, a part of the NIH, launched a new HIV awareness campaign and the Red Ribbon Registry with the goal of helping end HIV. "Built by Oracle, the unique cloud-based registry makes it easy for anyone to volunteer to be considered for an HIV clinical study - getting us one step closer to a cure," the company said. The registry expands on Oracle's work with the NIH and Fred Hutchinson Cancer Center throughout the COVID-19 pandemic. Oracle developed the COVID-19 Prevention Network Volunteer Screening Registry that was used to capture and analyze nearly 700,000 participant registrations for COVID-19 vaccine and therapeutics clinical studies in six months.
PLCE

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07:08 EDT Children's Place to close 40 stores this year - The Company ended the first quarter of 2022 with 665 stores and square footage of 3.2 million, a decrease of 8% compared to the prior year and a decrease of 30% compared to the end of Q1 2019 when the Company operated 971 stores pre-pandemic. Consistent with the Company's store fleet optimization initiative, the Company permanently closed 7 stores during the first quarter of 2022 and has permanently closed 534 stores since 2013 and decreased total square footage by 2.1 million square feet or approximately 40%. The Company is planning to close a total of approximately 40 stores this year.
YJ

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07:07 EDT Yunji announces product curation strategy upgrade - Yunjiis celebrating its seventh anniversary this month. During its seventh year in business, Yunji further updated the product curation strategy it has adhered to since its establishment. Under the upgraded strategy, products receive the "Yunji Selected" quality label only if they successfully pass a rigorous and comprehensive selection process. As part of the new selection process, product quality is evaluated by both Yunji and its customers. Product selection is based on authentic feedback from the Company's massive platform userbase. Users assess products based on a comprehensive set of criteria, generating a range of value-for-money products that provide customers with a superior user experience. Shanglue Xiao, Chairman and Chief Executive Officer of Yunji, commented, "The positioning of Yunji quality products is based on authentic feedback from a large number of users on our platform. We always put quality first and only guarantee products that reach the highest of standards. We are dedicated to developing our user mindset of quality products gather at Yunji and making our platform the go-to place for reliable and high-quality food."
KSS

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07:07 EDT Kohl's provides update on review of potential alternatives - The company said, "The Kohl's Board is thoroughly testing the Company's standalone strategic plan against potential alternatives and has designated its Finance Committee to lead the ongoing review of expressions of interest. The Board engaged Goldman Sachs to conduct a broad process to explore strategic alternatives, which to date has included engagement with over 25 parties. Multiple bidders have been invited to a data room containing over 550,000 pages across over 55,000 documents, as well as meetings with management. While preliminary, non-binding proposals have been received, further diligence is ongoing and the Board has requested fully-financed final bids to be submitted in the coming weeks."
SDPI

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07:06 EDT Superior Drilling regains compliance with NYSE American listing standards - Superior Drilling has received notification from the NYSE American that the company has regained compliance with the continued listing standard of the NYSE American Company Guide. At March 31, SDP had shareholders' equity of $6.5M, surpassing the $6.0M requirement to meet the listing standard. As of May 19, the below compliance indicator will no longer be disseminated and the company was removed from the list of NYSE American noncompliant issuers on the NYSE American's website.
REVE

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07:05 EDT Alpine Acquisition enters agreements to acquire Two Bit Circus, two hotels - Alpine Acquisition Corporation and Two Bit Circus announced that they have entered into definitive agreements for a business combination. Alpine also entered into a definitive agreement with affiliates of Atrium Hospitality, LP, to acquire two full-service conference hotels with 739 rooms and 135,000 square feet of conference facilities located in Denver, CO and Stamford, CT. Upon the closing of the transactions, Alpine will acquire Two Bit Circus and the hotels and commence transformational renovations of both properties. The properties will be rebranded to Revelers Resorts, using Two Bit Circus's proprietary technology and entertainment experiences. The combined company is expected to be renamed "Two Bit Entertainment Corp." and continue to be listed on NASDAQ under the symbol REVE. The transactions are expected to close in the 3rd quarter of 2022. The new entertainment brand, Revelers Resorts, will provide inclusive activities along with an immersive story experience woven throughout the entire resort; Circus adventures, STEAM games and workshop activities bring to life the Reveler's world. Full food and beverage offerings are expected to include Plate Spinner Pizza and a Cannonball Candy Shop along with carnival carts with signature treats. Revelers Resort will also have one of a kind social play attractions and other games, such as a reimagined arcade and midway for upleveled play throughout Reveler's Circus Grounds area. Purchasing existing conference center hotels in strong demographic locations at deep discounts to their replacement costs is expected to allow the new brand to quickly enter new markets, provide affordable entertainment and lodging accommodations, and grow quickly and profitably. These hotels already have the full-service amenities needed to adapt and renovate to the new brand along with leveraging the Two Bit Circus' immersive-fueled experiential entertainment technology to create Revelers Resorts. Two Bit Circus shareholders will contribute 100% of their equity into the combined company. Alpine will issue an aggregate of 4,980,000 shares of common stock to the Two Bit Circus shareholders and 1,950,000 shares of common stock to the sellers of the hotels being acquired. The boards of directors of Alpine and Two Bit Circus have approved the proposed business combination. Completion of the proposed business combination is subject to approval by Alpine's stockholders and the satisfaction or waiver of other customary closing conditions. $50 million all stock transaction from Alpine Acquisition Corporation for Two Bit Circus, Inc.; $65 million cash and stock purchase of two full-service conference hotels with 739 rooms and over 140,000 square feet of conference facilities located in Denver, CO and Stamford, CT; Transactions expected to close in the third quarter of 2022.
MQ

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07:04 EDT Marqeta adds Evolve Bank & Trust as bank partner for program management - Marqeta added Evolve Bank & Trust as a new bank partner to offer additional solutions for Marqeta's program management capabilities. Evolve works with a portfolio of fintech companies to provide a range of services, including an Open Banking division in which they offer "Banking as a Service" payment and technology solutions. As a bank partner for Marqeta's platform in the U.S., Evolve will support the full range of Marqeta's program management capabilities, including BIN management, on-demand fulfillment, compliance reporting and settlement services as a customer is guided through onboarding to launch a program in-market.
WEX AZO

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07:03 EDT Wex, AutoZone enter partnership - WEX announced a partnership with AutoZone. This partnership will allow eligible WEX customers to purchase auto parts for Class 1-5 vehicles from AutoZone at national account pricing through the WEX EDGE savings network. WEX EDGE offers eligible WEX fleet card customers access to highly specialized offers including fuel rebates, discounted tires, and hotel rooms. The addition of auto parts allows these WEX customers to share even further in the savings. The discounts apply to auto parts purchased through the WEX EDGE platform.
BMY

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07:02 EDT Bristol-Myers presents scientific research at ASCO, EHA 2022 - Bristol Myers Squibb announced the presentation of scientific research across cancers and blood disorders at the 2022 American Society of Clinical Oncology Annual Meeting and the European Hematology Association Congress that underscores the company's commitment to delivering transformational therapies for patients. Data from more than 140 company-sponsored studies, investigator-sponsored studies and collaborations evaluating compounds across 28 cancer types and blood disorders will be featured at the two meetings. "We have made significant progress for patients with cancer and blood disorders by delivering clinically meaningful and differentiated treatment choices across modalities such as CAR T, immunotherapy and erythroid maturation," said Samit Hirawat, M.D., executive vice president, chief medical officer, Global Drug Development, Bristol Myers Squibb. "Driven by our deep understanding of human biology and leading scientific research, the results being presented at ASCO and EHA will provide greater insight into the potential for improving long-term outcomes, and rationale for moving innovative interventions into earlier lines of treatment. Beyond our data, we are focused on improving care for all patients through our Health Equity Commitments, aimed at increasing diversity in clinical trials, addressing health disparities, and investing in training for racially and ethnically diverse clinical investigators."
WMS

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07:01 EDT Advanced Drainage raises quarterly dividend 9% to 12c per share - Advanced Drainage Systems announced that its Board of Directors has approved a quarterly cash dividend to its shareholders in the amount of $0.12 per share, a 9% increase over the prior year dividend amount. The quarterly cash dividend of $0.12 per share will be paid on June 15, 2022, to shareholders of record at the close of business on June 1, 2022.
WMS

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07:00 EDT Advanced Drainage Chair C. Robert Kidder to retire, Robert Eversole to succeed - Advanced Drainage Systems announced that Chair of the Board of Directors, C. Robert Kidder, will not stand for re-election at the Annual Meeting of Shareholders to be held on July 21, 2022 with his term ending at the 2022 Annual Meeting. The Board has elected current Director Robert M. Eversole to succeed Kidder as Board Chair. The Company also announced the formation of a formal Sustainability Committee. Previously a sub-committee of the Nominating and Corporate Governance Committee, the newly formed Sustainability Committee will be responsible for board oversight of ADS' sustainability and environmental strategies and policies, including progress towards the Company's science based targets to reduce overall greenhouse gas emissions. Director Michael Coleman will chair the committee, serving alongside Directors Anesa Chaibi and Anil Seetharam.
SAVE...

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06:52 EDT Spirit Airlines urges stockholders to reject JetBlue tender offer - Spirit Airlines (SAVE) announced that its board of directors, after consultation with its outside financial and legal advisors, has unanimously determined that the unsolicited tender offer from JetBlue (JBLU) to acquire all outstanding shares of Spirit's common stock for $30 per share in cash is not in the best interests of Spirit and its stockholders. In its analysis, the board determined that the JetBlue transaction faces substantial regulatory hurdles, especially while the Northeast Alliance, or NEA, with American Airlines (AAL) remains in effect, and is, as a result, not reasonably capable of being consummated and is not superior to Spirit's agreed merger transaction with Frontier (ULCC). Accordingly, the Spirit Board unanimously recommends that Spirit stockholders not tender any of their shares into the offer and continues to recommend that stockholders vote for the merger agreement with Frontier. "JetBlue's tender offer has not addressed the core issue of the significant completion risk and insufficient protections for Spirit stockholders," said Mac Gardner, chairman of the board of directors for Spirit Airlines. "Based on our own research and the advice of antitrust and economic experts, our view is that the proposed combination of JetBlue and Spirit lacks any realistic likelihood of obtaining regulatory approval, while our company faces a long and bleak limbo period as we await resolution. In that scenario, a $1.83 per share reverse break-up fee will not come close to adequately compensating Spirit stockholders for the significant business disruption Spirit will face during what JetBlue acknowledges will be a protracted regulatory process. Our pending merger with Frontier is advancing as planned, and we continue to recommend that Spirit stockholders vote for the merger with Frontier on June 10th, as we believe the combination of these two ULCCs is the best way to deliver maximum value to Spirit stockholders."
ZOM

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06:40 EDT Zomedica purchases $1M convertible note from Structured Monitoring Products - Zomedica announced that it has purchased a $1.0 million convertible note from Structured Monitoring Products, makers of the VetGuardian wireless remote pet monitoring platform, and in connection therewith has acquired the option to act as a sales agent for SMP's platform. Under the terms of the agreement, Zomedica will also have the option to acquire the VetGuardian product line for use in Animal Health. Exercise of both options is subject to certain conditions, including negotiation and execution of mutually acceptable agreements. The VetGuardian Platform improves the quality of care of pets during recovery from surgery, and for those staying in clinic overnight by providing real time remote monitoring of the pet's vital signs with the ability to alert staff if the vital signs exceed preset ranges. Its unique patented doppler technology allows VetGuardian to read vital signs in real time without wired leads, or a harness on the pet, thus allowing the pet to rest comfortably during recovery.
TFX

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06:38 EDT Teleflex announces regulatory clearance for UroLift System in China - Teleflex announced that it has received National Medical Products Administration approval for its UroLift System in China for treating benign prostatic hyperplasia. With regulatory clearance now received, Teleflex will seek commercialization of the product in China in the fourth quarter of 2022.
TT

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06:37 EDT Trane, New Mexico announce completion of State Buildings Green Energy Project - Trane and the State of New Mexico announced the completion of the state's first-of-its-kind State Buildings Green Energy Project, a decarbonization-focused initiative, and the State of New Mexico's largest state-owned renewable energy project to date, targeting more than 30 aging buildings in Santa Fe. While helping the state to reach its 2050 net-zero carbon emissions goal, annually the project will save local taxpayers $1.1 million dollars, eliminate 7,400 metric tons of carbon emissions and conserve 5.1 million gallons of water. The 32 public buildings - all over 50 years old - in New Mexico's historic capital, Santa Fe, have received a sustainability makeover, partially funded with future energy savings through a Trane Energy Savings Performance Contract and utility rebates. In addition to modernized, high-efficiency HVAC systems and rooftop solar panels, nearly all buildings are now outfitted with LED lighting, water conservation measures and advanced controls to monitor and maximize energy efficiency. The SBGEP supports New Mexico's sustainability goals, progressing the state's climate action plans. The project also supports the state's Energy Transaction Act which sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives, and a goal of 80 percent by 2040. Additionally, the state has committed to reducing statewide greenhouse gas emissions by 45 percent below 2005 levels by 2030, and has pledged to protect scarce water resources through several programs including recent Bipartisan Infrastructure Law funded projects.
EXP

Hot Stocks

06:33 EDT Eagle Materials board authorizes repurchase of additional 7.5M shares - Eagle's Board of Directors has authorized the repurchase of an additional 7.5 million shares of its common stock. This increase is in addition to the remaining authorized shares under the existing share repurchase authorization. The total new authorization plus remaining authorization is approximately 10.3 million shares and represents nearly 25% of Company shares outstanding. Share repurchases may be made from time to time in the open market or in privately negotiated transactions, which may include executing any or all of self-tender offers, entering into accelerated share repurchase programs with financial institutions, and making open market purchases and block trades, including plans intended to comply with the safe-harbor provided by Rule 10b5-1. Funding for such share repurchases will come from internally generated cash flow or from existing or new credit facilities.
ASPN

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06:33 EDT Aspen Aerogels appoints Virginia Johnson as Chief Legal Officer, General Counsel - Aspen Aerogels appointed Virginia Johnson as Chief Legal Officer, General Counsel and Corporate Secretary. Johnson joins the company from Schneider Electric North America, where she served as General Counsel. Prior to her tenure with Schneider, Johnson served in a variety of roles of increasing responsibility in the legal department of Global Atlantic Financial Group, formerly Goldman Sachs Reinsurance Group, most recently as Senior VP, Head of Corporate Legal, Associate General Counsel & Secretary, 2013 to 2021. Before joining Global Atlantic, Johnson was a partner in the Litigation Department of Prince Lobel Tye, 2011 to 2013.
PNM

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06:33 EDT PNM Resources promotes Don Tarry to COO, Lisa Eden to CFO - PNM Resources announced the promotion of two executives as part of the company's ongoing development efforts under the continued leadership of chairman and CEO, Pat Vincent-Collawn. Don Tarry has been promoted to president and COO of PNM Resources. Tarry joined PNM Resources in 1996 and has most recently served as senior VP and CFO. Lisa Eden has been promoted to senior VP, CFO and treasurer. Eden joined PNM Resources in 2001 and has previously served as VP and treasurer; chief information officer and VP, Human Resources.
EXP

Hot Stocks

06:32 EDT Eagle Materials says capital allocation priorities remain unchanged - The company said, "Eagle remains dedicated to a disciplined capital allocation process to enhance shareholder value. Consistent with our track record, our allocation priorities remain unchanged, as follows: 1. investing in growth opportunities that meet our strict financial return standards and are consistent with our strategic focus; 2. operating capital investments to maintain and strengthen our low-cost producer positions; and 3. returning excess cash to shareholders, primarily through our share repurchase program. In the past three fiscal years, we have invested nearly $700 million in acquisitions, $260 million in organic capital expenditures and $956 million in share repurchases and dividends."
BBWI

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06:27 EDT Bath & Body Works sees FY inflation impact $225M-$250M - The company says it is strategically raising prices and carefully managing promotional activity to maximize margin dollars. The company also says it will accelerate the rollout of its customer loyalty program to August. The accounting impact of the rollout of the program is expected to result in an estimated $50M initial revenue deferral this year.
BBWI

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06:25 EDT Bath & Body Works to test new personal care line, including face and hair care - Bath & Body Works says it plans to test a new personal care line, including face care and hair care, in the back half of year.
BBWI

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06:24 EDT Bath & Body Works: Overall Q1 transactions up low single digits vs. last year - Comments taken from Q1 earnings conference call presentation slides and commentary.
LITM

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06:22 EDT Snow Lake Resources announces drill test results from Grass River Pegmatite - Snow Lake Resources confirmed that it has received significant results from its first drill tests from the Grass River Pegmatite dyke at the Snow Lake Lithium project, in Northern Manitoba. The GRP dyke has defined widths of five to six meters and results were obtained with high-grade spodumene material from the third GRP hole, GPR-003, returning an intercept of 3.35% Li2O over three meters. These are the first results for the GRP Dyke and additional analysis will need to be reviewed in the future in order to put an orientation and clear dip on this dyke swarm. It should be noted that the GRP dyke outcrops on the surface and would be amenable for developing a high-grade open cut for the exploitation of its spodumene deposit. Current drilling will continue to focus on delineating the geometry of the GRP dyke and data collected as part of this drill campaign will be included in Snow Lake Lithium's next resource update. In addition, Snow Lake Lithium's exploration permits have been extended by the Province of Manitoba for another three years. The GRP dykes crosscut plutonic intrusive rocks of Monzonite composition, exhibiting medium to coarse grained Plagioclase crystals within a fine to medium grained mafic groundmass. Albitic to potassic feldspars occur frequently within the rock. The groundmass consists of amphiboles and occasional biotite. Garnet has been observed in small clusters within rare melanocratic groundmass. The Monzite has been subject to considerable seracitic and hematitic alteration, often resulting in destruction of the original plutonic minerals and giving the rock a "bleached" appearance. Small quartz and granitic Aplite dykes are common. The GRP pegmatite dykes appear to strike 110 degrees and dip about 60-65 degrees SSW. The mineralogy of the dykes is typical for Lithium bearing pegmatite dykes, and consists of potassic feldspars, quartz, muscovite and to a lesser extent biotite, tourmaline and rare garnets and very rare beryl. The lithium bearing mineral is spodumene, which varies considerably in both grain size and distribution within the GRP dykes. Spodumene crystals can vary in size from 1 cm to over 10+ cm in size. The GRP dykes often exhibit very large spodumene crystals, often ranging in size from 10-15 cm long, and in the case of drill hole GRP-003, larger than the NQ core dimensions. The distribution of the crystals within the dyke intersections is sporadic, with some sections containing up to 25 to 30 percent Spodumene, and other sections that are Spodumene poor to barren, suggesting multiple pulses of fluids and crystal mush from the parent granitic magma. The mineralogy and mineral zonation of the dyke will be the subject of further study in the coming months. Half core samples are sent to the SGS Lakefield in Ontario for analysis. Core samples are initially crushed to a size of -12.7 mm, then fragmented to 75% passing 2mm and eventually extruded into a 250 g pulp that is pulverized to 85% passing 75 microns. Samples are sodium peroxide fused and run on ICP-AES and/or ICP- MS generating 56 element analyses.
VYGR

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06:19 EDT Voyager Therapeutics to present preclinical data on TRACER capsids - Voyager Therapeutics is scheduled to present new preclinical data on a family of AAV9-derived TRACER capsids demonstrating cross-species central nervous system transduction. The Company is also scheduled to report updated results from preclinical gene therapy programs in GBA1, tauopathies, and SOD1 ALS. These results are being presented at the American Society of Gene and Cell Therapy 25th Annual Meeting in Washington, D.C. Family of AAV9-Derived Capsids Enhanced Brain Transduction Across Non-Human Primates and Mice: Voyager's TRACER capsid discovery platform has identified a novel AAV9-derived capsid, VCAP-102, which demonstrated 50-fold better transduction in mice and 60-fold better transduction in non-human primates versus conventional AAV9 capsids, following intravenous administration. While other TRACER capsids have shown strong neuronal delivery, preclinical data in this study also demonstrated that VCAP-102 and other TRACER capsids showed preferential tropism for glial cells in mice. Key Results: Top variants from the capsid family exhibited increased blood brain barrier-penetrance across NHP species and mice. Top variants showed preferential transduction of glial cells in mice. Certain variants displayed significant detargeting from peripheral organs, including the dorsal root ganglia and liver. Additional results are scheduled to be presented today at the ASGCT Annual Meeting at 11:00 a.m. ET in Ballroom A at the Washington, D.C. Convention Center. The Company intends to make full results available on the Investor page of the Voyager website following the conclusion of the oral presentation. GBA1, Tau, and SOD1 ALS Gene Therapy Programs Ameliorate Disease in Animal Models: Voyager is scheduled to present preclinical data demonstrating improvements in physiologic parameters across pipeline programs involving CNS targets of interest: GBA1, tauopathies, and SOD1 ALS. Key Results: Multiple transgenes for the optimal expression of glucocerebrosidase 1, the gene encoding the lysosomal enzyme glucoslyceramidase, were characterized in both in vitro and in vivo mouse models. GBA1 transgenes using a BBB-penetrant AAV capsid delivered therapeutically-relevant levels of GCase to multiple brain regions in mouse models, following a single IV dose. The Company intends to make full results available on the Investor page of the Voyager website. Tauopathies: Key Results: Systemic dosing of a vectorized anti-tau antibody in mouse models resulted in reduced tau pathology and may represent a new single-dose IV therapeutic strategy for various tauopathies. The antibody demonstrated robust efficacy in vectorized and passive forms in a hippocampal seeding mouse model of Alzheimer's Disease. Treatment with vTau resulted in significant reduction of tau pathology in CNS regions of a primary tauopathy mouse model. When delivered passively, the antibody exhibited a trend of reduction in tau pathology in CNS regions of an intrinsic mouse model. The Company intends to make full results available on the Investor page of the Voyager website. SOD1 ALS: Key Results: IV delivery of a BBB-penetrant AAV9-derived capsid containing superoxide dismutase 1a-targeting RNAi gene therapy dramatically improved motor performance and survival in a SOD1- amyotrophic lateral sclerosis mouse model. Robust knockdown of SOD1 in all levels of the spinal cord was observed in a SOD1-ALS mouse model. Data support preclinical development of an IV RNAi gene therapy using a novel BBB-penetrant capsid in primates.
RIO

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06:16 EDT Skyharbour secures option to acquire initial 51% of Russell Lake project - Skyharbour Resources announced that it has entered into an Option Agreement with Rio Tinto Exploration Canada, a wholly owned subsidiary of Rio Tinto Limited, to acquire up to 100% of the Russell Lake Uranium Project, which comprises 26 claims covering 73,294 hectares of prospective exploration ground strategically situated between the Company's Moore Uranium project and Denison Mines' Wheeler River project in the eastern portion of the Athabasca Basin. The Project is a premier, advanced-stage exploration property given its large size, proximity to critical regional infrastructure, and the significant amount of historical exploration carried out on the property, which has identified numerous prospective target areas and several high-grade uranium showings as well as drill hole intercepts. The Property is centrally located between Cameco Corp.'s Key Lake mill to the south and McArthur River mine to the north. Access to the Property is via Highway 914, which services the McArthur River Mine and runs through the western extent of Property along with a high-voltage powerline that energizes the existing mining operations in the eastern portion of the Athabasca Basin. Highlights: Option to acquire an initial 51% and up to 100% of Rio Tinto's 73,294 ha Russell Lake Uranium Property strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan. Both Highway 914 servicing McArthur River and a high-voltage power line connected to the provincial power grid run through the Property's western claims. Skyharbour, as operator, can earn an initial 51% interest in the Property by paying CAD $508,200 in cash, issuing 3,584,014 common shares to RTEC, and funding CAD $5,717,250 in exploration on the Project, inclusive of a 10% management fee to Skyharbour, over a period of 3 years. Skyharbour has a second option to earn an additional 19% interest for a total of 70%, and a further possible option to obtain the remaining 30% interest in the Project for an undivided 100% ownership interest. The Property has been the subject of significant historical exploration efforts including over 95,000 metres of drilling in over 220 drill holes. This provides the Company with an excellent dataset to direct subsequent exploration on high-priority areas with the potential for near-term discovery of high-grade uranium mineralization. Previous exploration work has identified numerous highly prospective target areas, some of which host high-grade uranium mineralization in historical drill holes. Furthermore, there are over 35 kilometres of untested conductors on the Property in magnetic lows, which are indicative of pelitic basement rocks conducive to uranium deposition in the Athabasca Basin. The Property has a permitted and functional exploration camp suitable for over forty people, and conveniently located near Highway 914 and within 5 km kilometres of Denison's Phoenix deposit. The Property's claims are in good standing for 2-22 years from banked assessment credits. This transaction adds another drill-ready, advanced-stage uranium exploration asset to Skyharbour's project portfolio and offers significant operational and exploration synergies with the adjacent Moore uranium project. Under the terms of the Option Agreement, which is subject to TSX Venture Exchange approval, Skyharbour may acquire up to a 100% interest in the Russell Lake Uranium Project and will become operator of the Project during the earn-in period and afterwards if a joint venture is formed. An initial majority 51% interest in the Property may be earned by paying CAD $508,200 and issuing 3,584,014 common shares of Skyharbour to RTEC upon Exchange approval. Skyharbour must also fund CAD $5,717,250 in exploration expenditures, inclusive of a 10% management fee to Skyharbour, over a period of three years, of which a total of CAD $1,905,750 must be spent within eighteen months. Skyharbour at this point can elect to enter into a 51% / 49% joint venture with RTEC subject to a standard dilution clause, or the Company can earn additional interest in the project. Skyharbour may then acquire an additional 19% to earn a total of a 70% interest in the Property by paying CAD $1,588,125 in cash or by issuing 2,226,096 shares. Additionally, Skyharbour must fund CAD $6,352,500 in exploration expenditures, inclusive of a 10% management fee to Skyharbour, over a period of the following two years. Upon Skyharbour earning a 70% interest, the Company may elect to continue on a 70% / 30% joint venture basis, subject to a standard dilution clause, or it may acquire the remaining 30%, if RTEC elects not to contribute, for a total undivided interest of 100% of the Property by paying CAD $33,033,000 in cash or by issuing 42,598,565 shares or a combination thereof to prevent RTEC from owning over 19.9% of Skyharbour.Upon Skyharbour's 100% acquisition, the Property will become subject to a 1% NSR Royalty payable to RTEC. The royalty may be reduced to 0.5% by payment of USD $750,000 to RTEC. The claims comprising the Property are subject to various existing underlying royalties to other parties.
DGHI

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06:13 EDT Digihost announces launch of 1.22M share buyback program - Digihost Technology is pleased to announce that it has received approval to undertake, at the Company's discretion, a normal course issuer bid program to purchase up to 1,219,762 of its subordinate voting shares for cancellation. As of the date hereof, the Company has 27,685,913 subordinate voting shares issued and outstanding. The maximum number of subordinate voting shares that may be purchased by the Company under the Bid represents approximately 5% of the Company's currently issued and outstanding shares. Shares repurchased under the Bid will be returned to treasury for cancellation. The Company received acceptance from the TSX Venture Exchange to commence the Bid on May 25, 2022. The Bid will terminate on May 25, 2023, or on an earlier date in the event that the maximum number of common shares sought in the Bid has been repurchased. The Company reserves the right to terminate the Bid at any time. Purchases pursuant to the Bid are expected to be made through the facilities of the TSXV, or such other permitted means, at prevailing market prices. The Company has engaged Canaccord Genuity Corp. to act as the broker through which the Bid will be conducted. The Company purchased a total of 164,533 post-consolidation subordinate voting shares during the past 12 months subject to its previous normal course issuer bid at an average purchase price of CAD $4.60 per subordinate voting share. The subordinate voting shares were acquired through the facilities of the TSXV by Canaccord Genuity Corp. The Company completed its most recent financing on March 6, 2022, at CAD $4.40 per unit.
NYC

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06:10 EDT New York City REIT announces new leasing activity at 9 Time Square - New York City REIT announced that it has signed two non-binding LOIs for new leases with tenants at 9 Times Square. The LOI's total over 13,500 square feet and $650,000 of annual base rent with a weighted-average lease term of 3.7 years.
DNUT

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06:08 EDT Krispy Kreme celebrates Class of 2022 with free Senior Day Dozen - Krispy Kreme is celebrating this year's high school and college seniors - and their dedication and perseverance throughout the pandemic - with a FREE dozen doughnuts May 25 and the return of the Graduate Dozen, available beginning May 23. On Wednesday, May 25, any senior who wears Class of 2022 swag - from shirts and jackets to graduation cap and gown - can get a "Senior Day Dozen" FREE at participating shops while supplies last.
TDCX

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06:08 EDT TDCX to be included in the MSCI Global Small Cap Index - TDCX announced that it will be included in the MSCI Global Small Cap Index - Singapore Index. This will take effect after the close of the U.S. market on May 31, 2022.
CURO

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06:06 EDT Curo Group to sell Legacy U.S. Direct Lending Business, acquire First Heritage - CURO Group Holdings entered into a definitive agreement to sell its Legacy U.S. Direct Lending business to Community Choice Financial, a consumer financial services company based in Dublin, Ohio, for total cash consideration of $345M, $35M of which will be payable over 12 months under a Transition Services Agreement. CURO also has entered into a definitive agreement to acquire First Heritage Credit, a consumer lender that provides near-prime installment loans along with customary opt-in insurance and other financial products, based in Ridgeland, Mississippi. The total purchase price is $140M in cash. "In late 2021, we acquired Heights Finance, a leading near-prime installment lender, signifying our entry into this broader consumer lending market in the U.S.," said Don Gayhardt, Chief Executive Officer of CURO. "Continuing on that strategic shift, today we are announcing that we are selling our legacy storefronts and online businesses in the U.S., which operate under the Speedy Cash, Rapid Cash and Avio Credit brands, and we are purchasing a U.S. based near-prime installment lender, First Heritage Credit. Together, these transactions completely transform our U.S. direct lending business to a near-prime installment lender offering larger loans. These three transactions have strategically recast our U.S. direct lending business in less than a year's time." The transactions have been approved by CURO's Board of Directors and the Board of Directors of Community Choice Financial and First Heritage Credit, respectively. Both transactions are expected to close within the next 45 days, subject to customary closing conditions, including regulatory approvals.
RCKT

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06:05 EDT Rocket Pharmaceuticals presents topline data from Phase 2 trial of RP-L201 - Rocket Pharmaceuticals announces top-line safety and efficacy data from its Phase 2 pivotal trial for severe Leukocyte Adhesion Deficiency-I at the 25th Annual Meeting of the American Society of Gene and Cell Therapy. Interim Results From an Ongoing Phase 1/2 Study of Lentiviral-Mediated Ex-Vivo Gene Therapy for Pediatric Patients with Severe Leukocyte Adhesion Deficiency-I: The oral presentation includes efficacy and safety data at three to 24 months of follow-up after RP-L201 infusion for all patients and overall survival data for seven patients at 12 months or longer after infusion. RP-L201 is Rocket's ex-vivo lentiviral gene therapy candidate for severe LAD-I. All patients, aged five months to nine years, demonstrated sustained CD18 restoration and expression on more than 10% of neutrophils. At one year, the overall survival without allogeneic hematopoietic stem cell transplantation across the cohort is 100% based on the Kaplan-Meier estimate. All patients demonstrated a statistically significant reduction in the rate of all-cause hospitalizations and severe infections, relative to pre-treatment. Evidence of resolution of LAD-I-related skin rash and restoration of wound repair capabilities has been shown along with sustained phenotypic correction. The safety profile of RP-L201 has been highly favorable in all patients with no RP-L201-related serious adverse events to date. Adverse events related to other study procedures, including busulfan conditioning, have been previously disclosed and consistent with the safety profiles of those agents and procedures.
MA

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05:23 EDT MasterCard, OPay enter strategic partnership - OPay and Mastercard announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa. The collaboration enables OPay consumers and merchants in the region - including Algeria, Morocco, Egypt, Nigeria, Ethiopia, Kenya, Pakistan, South Africa and the UAE - to engage with brands and businesses anywhere across the globe, thanks to a Mastercard virtual payment solution linked to the OPay eWallet. In the initial phase of this partnership, OPay customers will benefit from the Mastercard virtual payment solution linked to their OPay wallets, to shop at well-known global brands for leisure, travel, accommodation, entertainment, streaming services and more. The service is available regardless of whether or not the customer has a bank account. It also allows small business owners to purchase from suppliers abroad and pay with the secure virtual payment solution.
BA

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05:18 EDT Boeing, IAG announce order for 50 737-8-200s and 737-10s, plus 100 options - Boeing and International Airlines Group, or IAG, announced an order for a combined total of 50 737-8-200s and 737-10s, plus 100 options. The 737-8-200 will enable IAG to configure the airplane with up to 200 seats, increasing revenue potential and reducing fuel consumption. The largest model in the family, the 737-10 seats up to 230 passengers in a single-class configuration and can fly up to 3,300 miles. The fuel-efficient jet can cover 99% of single-aisle routes, including routes served by 757s. The announcement finalizes a commitment made by IAG for the 737 at the 2019 Paris Air Show and is subject to approval by IAG shareholders.
J

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05:15 EDT Jacobs selected by TEPCO to decommission Fukushima Daiichi nuclear power plant - Jacobs was selected by Tokyo Electric Power Company, or TEPCO, to support decommissioning of the Fukushima Daiichi nuclear power plant in Japan. Under a five-year framework agreement, Jacobs will draw on domain knowledge and experience on major U.S. and U.K. nuclear sites to provide program and project management services to TEPCO's Fukushima Decontamination and Decommissioning Engineering Company. Jacobs' involvement will include project management support, long-term decommissioning strategy planning, management and implementation of supply chain resources and program definition for fuel debris retrieval.
KRMD

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04:40 EDT Koru Medical announces resignation of CFO Karen Fisher - Koru Medical disclosed that Karen Fisher, its Chief Financial Officer, will resign her employment effective as of June 30. ere were no disagreements between Fisher and Koru, it added. The company "has engaged a specialized firm to conduct a search of potential candidates to replace Ms. Fisher." In the interim, its Vice President of Financial Planning and Analysis, Tom Adams, will serve as Interim Chief Financial Officer, effective July 1.