Stockwinners Market Radar for May 25, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:21 EDT Cathie Wood's ARK Investment bought 27.2K shares of Coinbase today

20:15 EDT Cathie Wood's ARK Investment bought 35.5K shares of Roku today

20:05 EDT Ashland raises quarterly dividend 12% to 33.5c per share - The dividend is payable on June 15, 2022, to stockholders of record at the close of business on June 1, 2022.

18:35 EDT Four Corners Property Trust announces acquisition of Aspen Dental Property - Four Corners Property Trust is pleased to announce the acquisition of an Aspen Dental property for $2.3M.

18:05 EDT ZTO Express cuts 2022 parcel volume growth view to 12%-16% from 18%-24% - The company states: "Taking into account the current market conditions and the uncertainties associated with COVID-19, the company revises its annual parcel volume projection to be in the range of 24.96 billion to 25.86 billion, representing a 12% to 16% increase year over year. Relative to the entire industry performance, the company is confident to achieve one percentage point or more increase in its market share for the entire year. These estimates represent management's current and preliminary view, which are subject to change."

17:42 EDT Nvidia says sequential increases in operating expenses to level off after Q2 - CFO Colette Kress says: "Q2 outlook assumes an estimated impact of approximately $500M relating to Russia and China COVID lockdowns. We estimate the impact of lower sell-through in Russia and China to affect our Q2 Gaming sell-in by $400M. Furthermore, we estimate the absence of sales to Russia to have a $100M impact on Q2 in Data Center. We expect strong sequential growth in Data Center and Automotive to be more than an offset by the sequential decline in Gaming." Comments taken from Q1 earnings conference call.

17:37 EDT Nerdy CEO Charles Cohn purchased $2.6M in company shares - Nerdy CEO Charles Cohn purchased 1,307,063 shares of company stock at $2.01 per share on May 23, for a total transaction amount of $2,627,197.

17:35 EDT Nvidia CFO says Data Center revenue growth accelerated to 83% y/y - Says: "Revenue from hyperscale and cloud computing customers more than doubled year-on-year, driven by strong demand for both external and internal workloads. Customers remain supply constrained in their infrastructure needs and continue to add capacity as they try to keep pace with demand. Revenue from vertical industries grew a strong double-digit percentage from last year. Top verticals driving growth this quarter include: consumer Internet companies, financial services and telecom. Overall, Data Center growth was driven primarily by strong adoption of our A100 GPU for both training and inference with large volume deployments by hyperscale customers and broadening adoption across the vertical industries."

17:34 EDT Nvidia CFO says Q1 Automotive segment revenue was down 10% y/y - Says: "Our DRIVE O-RAN SoC is now in production and kicks off a major product cycle with auto customers ramping in Q2 and beyond. O-RAN has great traction in the marketplace with over 35 customer wins from automakers, truck makers and robotaxi companies."

17:13 EDT EnLink Midstream to acquire North Texas assets from Crestwood Equity - EnLink Midstream (ENLC) has entered into a definitive agreement to acquire North Texas gathering and processing assets from Crestwood Equity (CEQP) for $275M, subject to certain customary adjustments and regulatory approval. The assets to be acquired are expected to provide significant synergies, minimal integration capital, and significant capital avoidance for EnLink through planned redeployment of assets to EnLink's other segments, including the Permian segment in the near-term and the Carbon Solutions business in the future. As a result, the transaction represents approximately 4.0x EBITDA and an unlevered return in the high teens. EnLink expects that the cash flow generation from the assets, in addition to the reduction to EnLink's 2023 capital expenditures driven by redeployment of assets, would result in significant 2023 cash flow accretion and a leverage neutral transaction. The assets to be acquired would expand EnLink's position in the prolific Barnett Shale producing basin with proximity to existing and planned liquefied natural gas export facilities along the Gulf Coast. These assets include 500 miles of gas gathering pipeline and three processing plants with 425 MMcf/d of capacity, available for future relocation.

17:02 EDT Snowflake falls 13% to $115.46 after Q1 earnings miss

16:48 EDT ClearOne appoints Derek Graham as interim CEO - ClearOne announced the termination of its CEO, Zee Hakimoglu, and the appointment of Derek Graham, Senior VP of Research & Development, as the interim CEO.

16:39 EDT Bogota Financial receives regulatory approval for new repurchase program - Bogota Financial announced that it has received regulatory approval for the repurchase of up to 292,568 shares of its common stock, which is approximately 5% of its outstanding common stock, as previously approved by the board of directors of the company. This is the company's second stock repurchase program.

16:38 EDT Twitter up 9% after Elon Musk files amended 13D related to takeover agreement - Shares of Twitter are up $3.22, or 9%, to $40.38 in after-hours trading following the regulatory filing with the SEC.

16:36 EDT Legato Merger Corp. II and Southland Holdings to merge - Legato Merger Corp. II and Southland Holdings have signed a definitive agreement for a business combination transaction which would result in Southland becoming a direct wholly-owned subsidiary of Legato II. As a wholly-owned subsidiary of Legato II, Southland will continue under its current management. Legato II's Board of Directors will include five directors designated by Southland and two directors designated by Legato II. It is expected that Legato II will change its name to "Southland Holdings". Southland's holders will receive a combination of cash and stock valued at up to $498M. The transaction at closing implies a pro forma enterprise value of $810M. Southland's existing holders will receive $343M of Legato II common stock and $50M in cash at closing. In addition, Southland's existing holders may receive an additional 10.3 million shares of Legato II common stock valued at $105M. Following completion, Southland's current holders and management team will hold approximately 55% of Legato II's outstanding common stock and Legato II's current stockholders will hold approximately 45% of Legato II's outstanding common stock. Southland's Board of Managers and Legato II's Board of Directors have unanimously approved the merger agreement and Legato II's Board recommends that its stockholders approve and adopt the merger agreement and the transaction. The transaction is expected to close in Q4.

16:35 EDT Lufax CFO David Choy to retire - James Zheng, the company's CFO, will be taking early retirement from the end of this June after many years with the company. The company has started the search for a new CFO. During the interim period, David Choy, CFO of Puhui, will assume the finance function of the company.

16:33 EDT Palo Alto Networks director Bawa sells $477K in company shares - Palo Alto Networks director Aparna Bawa sold 951 shares of company stock on May 25 at $501.56 per share, for a total transaction amount of $476,987.

16:25 EDT Legato Merger II Corp trading halted, news pending

16:23 EDT Change Healthcare not providing guidance amid merger with Optum - The company states: "Due to the proposed transaction with OptumInsight, we will no longer be providing financial guidance."

16:17 EDT Williams-Sonoma jumps 10.5% to $127 after Q1 earnings beat

16:17 EDT Williams-Sonoma reports Q1 SSS up 9.5% - Williams-Sonoma reports Q1 comparable brand revenue growth of 9.5%, including Pottery Barn at 14.6% and West Elm at 12.8%.

16:15 EDT ViaSat issues shareholder letter for Q4 - Viasat posted a letter to shareholder reporting its Q4 results. "We believe the unexpected challenges in the quarter are transient, and discretionary spends are already accounted for in our FY2023 targets. We believe we are well positioned to achieve our prior FY2023 earnings guidance and strategic objectives driven by the expected continued growth in commercial in-flight connectivity, resolution of procurement bottlenecks in our Government Systems segment and sustained growth in our Commercial Networks segment, offset somewhat by bandwidth supply constraints in fixed broadband and growing ground network expenses as we near the ViaSat-3 (Americas) launch. We have substantial tailwinds for FY2023 and beyond in IFC due to passenger demand growth in North America, rapid growth in aircraft terminal installations for existing customers, and awards from new airline customers - including Southwest Airlines...Two key milestones on our growth path are approaching: 1) launch and commencement of service for the first ViaSat-3 satellite and 2) consummation of the Inmarsat transaction. This letter provides context for FY2022 results, affirms our FY2023 and longer-term performance targets, and provides updates on our core business segments, ViaSat-3 constellation progress, and the Inmarsat transaction. We'll discuss headwinds and tailwinds, and cover recent early FY2023 competitive awards that help frame both our short-term outlook and our long-term strategic opportunities".

16:12 EDT MeridianLink CFO Chad Martin to step down - MeridianLink "announced that Chad Martin will be stepping down as its CFO, effective May 31, to pursue a new role at a private equity firm. MeridianLink CEO Nicolaas Vlok will serve as interim CFO until the date that Sean Blitchok joins the company as CFO on June 13. Mr. Martin will maintain an advisory role with the company through the rest of the year to ensure a smooth transition."

16:10 EDT Mid-Southern Bancorp expands repurchase pact additional 142K shares - Mid-Southern Bancorp announced that the Company's Board of Directors has expanded the number of shares eligible for repurchase under its previously adopted stock repurchase program. Under the expanded repurchase program, the Company may repurchase an additional 142,000 shares of its common stock, or approximately 5% of the current outstanding shares. The Company repurchased 277,352 shares of its outstanding common stock at an average price of $14.08 per share under the stock repurchase plan it adopted on August 26, 2020 and amended on November 17, 2021. Under the program as amended, there are currently 34,648 shares remaining to be purchased. With the expansion, there are a total of 176,648 shares remaining to be purchased as approved by the Board of Directors.

16:07 EDT Snowflake sees Q2 product revenue $435M-$440M

16:01 EDT Aerojet Rocketdyne CEO says special meeting to be held on June 30 - Eileen Drake, the CEO of Aerojet Rocketdyne, and the other members of the "Committee For Aerojet Rocketdyne Shareholders and Value Maximization" announced that they delivered a demand for a special meeting of stockholders to elect a new board of directors. The measure required the support of 25% of the outstanding shares. Drake commented: "Since the Committee began disseminating materials to stockholders three weeks ago, we have already received the consents from holders representing over 42% of the outstanding shares as of today - so we are now proceeding to the special meeting of stockholders, which will be held on June 30. We are thrilled to have the resounding support of our fellow shareholders to call a special meeting at which they will have the opportunity to elect a new board of directors that is not controlled by Steel Partners and Warren Lichtenstein. Aerojet Rocketdyne shareholders have delivered today a clear and unequivocal message to Mr. Lichtenstein that he and Steel Partners' coffers will not be able to stand in the way of shareholder democracy. We are committed to seeing this process through and we look forward to continued engagement with shareholders regarding our independent slate and the bright future ahead for Aerojet Rocketdyne." The record date for the special meeting of stockholders will be the close of business on May 31, the press release noted.

14:17 EDT TowneBank raises quarterly cash dividend to 23c per share - TowneBank announced that its board of directors on May 24 declared its second-quarter shareholder cash dividend of 23c per common share payable on July 12 to shareholders of record on June 30. The quarterly common stock cash dividend of 23c per common share, or 92c per common share on an annual basis, is a 15% increase from the previous dividend rate, the company stated.

14:00 EDT Enochian BioSciences falls after Gumrukcu charged in murder-for-hire conspiracy - Shares of Enochian BioSciences are down $1.64, or 28% to $4.23 in afternoon trading after the Office of the United States Attorney for the District of Vermont stated that Serhat Gumrukcu, 39, of Los Angeles, California, and Berk Eratay, 35, of Las Vegas, Nevada, were arrested yesterday after having been charged by a federal grand jury in Vermont with conspiring to use interstate commerce facilities in the commission of murder-for-hire which resulted in the death of Gregory Davis, a resident of Danville, Vermont. "The indictment charging Gumrukcu and Eratay contains accusations only, and the defendants are presumed innocent until and unless proven guilty. If convicted, Gumrukcu and Eratay face mandatory life in prison or the death penalty," the DOJ stated in a press release. On the website of Enochain BioSciences, Dr. Serhat Gumrukcu is listed as "inventor & co-founder." Reference Link

13:47 EDT Enochian Biosciences trading halted, volatility trading pause

13:40 EDT American Vanguard calls on Cruiser Capital to be transparent with stockholders - American Vanguard Corporation issued the following statement: "The Company has learned that Cruiser Capital is seeking co-investors for an undisclosed investment thesis regarding American Vanguard that, despite its own calls for transparency, Cruiser is promoting with certain entities that agree to sign a non-disclosure agreement. Given AVD's 2022 Annual Meeting is one week away, the Board of Directors believes it has a duty to inform AVD stockholders of what it has learned and calls for Cruiser to immediately disclose all information that may be relevant to stockholders as they consider how to vote."

13:01 EDT Kroger expands Fulfillment Network to Central Ohio - The Kroger Co. (KR) announced it will offer more Americans delivery through the addition of a spoke facility in Central Ohio powered by the Ocado Group (OCDGF). The addition of a delivery "spoke" brings innovation and modern e-commerce to the Central Ohio area, including Columbus, and will extend the grocer's reach and ability to provide fresh and friendly services to its customers. The 61,000-square-foot facility located on Shook Rd in Lockbourne will collaborate with the fulfillment hub in Monroe, Ohio and serve as a last-mile cross-dock location that efficiently extends the fulfillment network reach to customers up to 200 miles away from the hub. At full capacity, customers in more than 250 Central Ohio ZIP codes can experience Kroger Delivery. The facility will employ up to 200 associates.

12:51 EDT Microsoft says Meta selected Azure as strategic cloud provider - Microsoft announced an expansion of our ongoing collaboration with Meta Platforms, saying Meta has selected Azure as a strategic cloud provider to help accelerate artificial intelligence research and development. "As part of this deeper relationship, Meta will expand its use of Azure's supercomputing power to accelerate AI research and development for its Meta AI group," Microsoft said in a blog post. In addition, Meta and Microsoft "will collaborate to scale PyTorch adoption on Azure and accelerate developers' journey from experimentation to production," it added. Reference Link

12:47 EDT Blue Apron adds partnerships with Blue Cross Blue Shield, Planet Fitness - Blue Apron (APRN) announced that it is strengthening its ecosystem of partners as part of its Wellness360 initiatives. The company is adding two new strategic partnerships with Blue Cross Blue Shield and Planet Fitness (PLNT), and renewing its program with Calm, it said in a statement. Quarter to date, Blue Apron said it is registering its highest Average Order Value ever with Average Revenue per Customer sustaining above $320, while the company grows its customer base. Blue Apron plans to continue to scale these efforts through 2022 as it diversifies its ecosystem of e-commerce and other channels for both subscription and non-subscription offerings. "As part of Wellness360, we aim to work with partners that help foster a healthy lifestyle. For example, companies like Blue Cross Blue Shield are leading the way in providing customer benefits that help instill proactive wellness behavior, while organizations like Planet Fitness have like-minded customers who may be interested in joint offers," said Dani Simpson, Blue Apron's Chief Marketing Officer. "These two new partners complement the incredible relationships we already have and help us meet our goals of growing our partner portfolio to attract customers, while offering new experiences to our current ones."

12:34 EDT Deere boosts quarterly dividend by 8% to $1.13 per share - Deere declared a quarterly dividend of $1.13 per share payable August 8, to stockholders of record on June 30. The new quarterly rate represents an additional 8c per share over the previous level, an increase of 8% per share. "The latest increase in our quarterly dividend is a reflection of Deere's recent strong performance and the success of our Smart Industrial strategy," said John May, Chairman and CEO. "It also shows our confidence in the company's future direction."

12:11 EDT Valvoline extends rally, shares up 21% to $36.13 after WSJ report

12:06 EDT Valvoline trading resumes

12:05 EDT Valvoline jumps 8% to $32.27 after WSJ report of Aramco approach

12:00 EDT China Green falls -7.6% - China Green is down -7.6%, or -60c to $7.30.

12:00 EDT Super Group falls -18.1% - Super Group is down -18.1%, or -$1.47 to $6.65.

12:00 EDT Hoegh LNG Partners rises 31.5% - Hoegh LNG Partners is up 31.5%, or $2.16 to $9.01.

11:47 EDT Roche announces development of unique PCR tests to detect monkeypox virus - Roche and its subsidiary TIB Molbiol have developed three unique LightMix Modular Virus kits in response to recent monkeypox virus concerns, the company announced. "Multiple clusters of the monkeypox virus have been reported within the past two weeks in several European countries and North America, which are regions where the virus is not normally found... The first LightMix Modular Virus kit detects orthopoxviruses, including all monkeypox viruses from both the West African and Central African forms of the virus.The second kit is a specific test detecting monkeypox viruses only. For researchers interested in obtaining both of these results, a third kit is available that simultaneously detects orthopoxviruses plus provides information on whether a monkeypox virus is present or not. The test kits are available for research use in the majority of countries worldwide," the company said.

11:27 EDT Live Nation Co-President calls 'rumors' of slowdown 'greatly exaggerated' - Asked by a JPMorgan analyst at the firm's Technology, Media and Communications conference about what Live Nation has been seeing through May in terms of demand as it relates to concerts and sports events, Joe Berchtold, Live Nation's Co-President, replied: "I think to misquote somebody, rumors of our slowdown have been greatly exaggerated. That hasn't been what we've seen, not at all. I think quite to the contrary, as we look at the quarters through mid-May, so I guess April and half of May, our concert ticket sales are up, for that period, 28% relative to 2019. So actually, we've seen some acceleration of our ticket sales as we're heading into the summer... So we're seeing continued strength at both Ticketmaster broadly and the concerts more specifically."

11:15 EDT Luminar up 4% to $8.80 after Bloomberg report of Apple hire

10:53 EDT Maxar Technologies trading resumes

10:31 EDT Planet Labs unit awarded EOCL contract by U.S. government - Planet Labs PBC announced that the National Reconnaissance Office has selected Planet Labs Federal, Inc., Planet's wholly owned subsidiary, for an award to the Electro-Optical Commercial Layer contract. EOCL is the U.S. government's procurement vehicle for unclassified commercial satellite imagery and represents the Federal government's significant investment in and commitment to the commercial remote sensing sector and the capabilities and value it provides. Planet Federal's EOCL award will enable the NRO and its partners, including those across the US national security community, to access Planet's high and medium resolution, daily satellite imagery for an initial period of up to five years, with options to extend the contract up to a total contract performance term of 10 years.

10:28 EDT BlackSky, Maxar and Planet awarded commercial imagery contracts, NRO says - The National Reconnaissance Office, or NRO, announced the results of its largest-ever commercial imagery contract effort, awarding Electro-Optical Commercial Layer contracts to BlackSky (BKSY), Maxar (MAXR), and Planet. "Valued at billions of dollars over the next decade, these contracts mark a historic expansion of the NRO's acquisition of commercial imagery to meet increasing customer demands with greater capacity than ever before," the office stated. "Due to its unclassified and shareable nature, commercial remote sensing data offer important benefits, including increased transparency, mission-critical situational awareness, and humanitarian assistance. EOCL's unique design, featuring user-friendly license agreements and built-in contract flexibility, maximizes shareability across a diverse customer base... EOCL will support the mission needs of NRO's half-million intelligence, defense, and federal civil agency users over the next decade. It will also help ensure long-term, continued support for the U.S. commercial remote sensing industry. EOCL is effective as of May 22, 2022 with a five-year base and multiple one-year options with additional growth through 2032," the office added. Reference Link

10:17 EDT Knightscope deploys K5 Autonomous Security Robot in Tennessee - Knightscope announced the deployment of a K5 Autonomous Security Robot in Nashville, Tennessee. According to the client, property owners of a 10-story parking structure where the ASR will patrol, budget was a key factor when deciding to subscribe to Knightscope's services. The rate for the fully mobile, outdoor K5 came in at approximately $1,200 per week for 24/7/365 coverage, which provides the 'round-the-clock' monitoring necessary to deter trespassers.

10:04 EDT Kohl's trading halted, volatility trading pause

10:00 EDT Dick's Sporting falls -6.2% - Dick's Sporting is down -6.2%, or -$4.44 to $66.80.

10:00 EDT Super Group falls -19.1% - Super Group is down -19.1%, or -$1.55 to $6.57.

10:00 EDT Hoegh LNG Partners rises 31.9% - Hoegh LNG Partners is up 31.9%, or $2.18 to $9.03.

09:49 EDT Maxar Technologies trading halted, news pending

09:47 EDT New York City REIT falls -4.9% - New York City REIT is down -4.9%, or -35c to $6.81.

09:47 EDT Dick's Sporting falls -9.1% - Dick's Sporting is down -9.1%, or -$6.50 to $64.74.

09:47 EDT Hoegh LNG Partners rises 31.7% - Hoegh LNG Partners is up 31.7%, or $2.17 to $9.02.

09:46 EDT Portage Biotech Inc trading resumes

09:41 EDT mPhase Technologies announces 11 EV charging sites in Virginia - mPhase Technologies announced the completion of site selection for the first 11 mPower EV charging locations in the State of Virginia. These initial locations will be in Toano, Quinton, Petersburg, Chesterfield, Sandston, and Powhaton. Each site will have an average of four level 2 chargers branded under the mPower name. These initial sites were selected based on their proximity to high traffic roadways, affiliation with major regional and national brands, and onsite amenities such as restaurants, car washes and convenience stores that could benefit from the mPower consumer engagement platform. The sites feature three leading gas station brands, with four BP, four Shell, and three Sunoco locations. Notable food and convenience brands at these mPower sites include McDonald's, Pizza Hut, Wendy's, Subway, Huddle House, and 7-11.

09:39 EDT Verrica Parmaceuticals trading resumes

09:36 EDT Brookfield Reinsurance completes $5.1B acquisition of American National - Brookfield Reinsurance has completed its acquisition of American National in an all-cash transaction valued at approximately $5.1 billion. Under the terms of the transaction, Brookfield Reinsurance acquired all issued and outstanding shares of American National Group, Inc. at a price of $190 per share. Brookfield Reinsurance plans to build on American National's strong track record of stable growth and disciplined underwriting. American National will maintain its headquarters in Galveston, TX, its presence in League City, TX, and operating hubs in Springfield, MO and Albany, NY. American National provides Brookfield Reinsurance with a multi-line platform for further growth in the United States.

09:35 EDT Entrada Therapeutics Inc trading halted, volatility trading pause

09:26 EDT Avid Technology offers cloud-enabled subscription option for Avid NEXIS storage - Avid has made its Avid NEXIS media storage solution available as a subscription offering, enabling flexible deployment on premises or in the cloud.

09:21 EDT Eguana reports production, supply chain managing underway at Omega EMS facility - Eguana Technologies announced that full turnkey production and supply chain management is now underway at the Omega EMS facility in San Jose, California. Every stage of energy storage system production is active including circuit board, inverter and system assembly, and final functional testing with multiple Omega personnel trained at each station. The Company, along with key Omega personnel, continue to collaborate on throughput optimization within the manufacturing process. "With demand scaling very quickly we took the decision to expedite the full manufacturing and supply chain transition throughout the March quarter. Establishing full turnkey capability and increasing our manufacturing capacity was critical given the market feedback for steady supply" commented Eguana CEO Justin Holland. "Omega has also performed above and beyond expectation under very difficult circumstances to assist our development team in updating the product design in alignment with current supply chain constraints, all while reconfiguring their facility for energy storage production, assembly, and test."

09:18 EDT Varonis achieves Cloud Security Alliance STAR Certfication - Varonis Systems announced it achieved certification in the Cloud Security Alliance's Security, Trust, Assurance and Risk registry, a public resource that details security controls for providers of cloud solutions and services. The certification confirms that Varonis successfully completed CSA's STAR Level 1 security assessment for DatAdvantage Cloud, Varonis' cloud-hosted solution that protects data in mission-critical SaaS and IaaS platforms.

09:17 EDT Monolithic launches MPSafe Portfolio of safety-oriented automotive products - Monolithic Power Systems announced the launch of its automotive MPSafe portfolio of safety-oriented automotive-qualified products developed in accordance with the ISO26262 Functional Safety Product Development Process. The ISO26262 international standard has become a core requirement to address the risks of failure in electrical and electronic systems as the automotive industry pursues increasingly autonomous, connected, and electrified cars. MPS's new line of MPSafe automotive-grade products has been developed using a process that follows the guidelines stipulated by the ISO26262 standard and is suitable for up to ASIL D. MPS will offer a comprehensive suite of MPSafe products offering power and precision system control.

09:13 EDT Oatly Group launches one-hour delivery in Los Angeles, New York City - Oatly Group announced that it now offers one-hour delivery of a selection of its best-selling oat-based products, including oat milk and frozen non-dairy dessert pints and novelties in Los Angeles and New York City through popular food delivery apps. Powered by REEF Kitchens, the culinary and retail application within REEF Technology, consumers can order Oatly products through branded storefronts on various food delivery platforms. "We're incredibly excited about this launch and the ability to get Oatly products into the hands of our consumers in LA and NYC within mere moments," said Mike Messersmith, President, Oatly North America. "These cities have proved their love of oatmilk, being early adopters of Oatly, and we're thrilled that as we grow, we can expand access to our products where and how consumers want to shop for them, in an easy and convenient way."

09:12 EDT Metra selling prime acreage in Crystal Lake, IL on GovDeals - The Metra Commuter Railroad is selling a vacant 2.53-acre parcel in Crystal Lake, IL on GovDeals, the leading online auction platform for government agencies and educational institutions to sell surplus assets, including real estate, to more than 4.7 million qualified buyers worldwide. The property will be at auction until Thursday, June 16, 2022. Located at 581 Congress Parkway, Crystal Lake, IL, zoned for manufacturing and being sold as-is, the parcel is a portion of PIN 19-04-426-004. Metra is asking all potential buyers to pay a refundable $7,000 bid deposit prior to placing a bid.

09:10 EDT 180 Degree Capital issues open letter to Comscore board - 180 Degree Capital issued an open letter to the Board of Directors and Preferred Stockholders of Comscore. The letter read in part, " As a follow up to our public letter from May 17, 2022, and our past private letters, we thought it would be useful to specify the actions we request the Board and Preferred Stockholders take to reverse the destruction of value to common stockholders. To be clear, the silence from the Board following our latest letter only serves to reinforce our view that you are not interested in the views of common stockholders and are making decisions that solely benefit the preferred stockholders. Here are a few action items for the board to consider, which, if taken, could dispel our view that you are not fulfilling your fiduciary duties as Board members: Align Interests - As discussed in our prior letters, the outstanding preferred stock creates a misalignment of interests that negatively impacts value for common stockholders and management's ability to attract, incentivize and retain talent. The Preferred Stockholders, who have representatives that make up 60% of the current Board, should convert at least a portion of their preferred stock into common stock. We are supportive of having the conversion come with some compensation for the rights and preferences that would be forgone with the conversion. This conversion would demonstrate alignment of interests for all stakeholders of SCOR, especially since the Preferred Stockholders systematically and knowingly allowed the company to be removed from the Russell 2000 Index when they had the power to prevent such removal. We also request the Board state their intentions with regard to the potential special dividend paid to the preferred stockholders. Given the Preferred Stockholders control a majority of SCOR's Board, they are in a position to further weaken the financial condition of the company to serve Preferred Stockholder interests. We request that the Board and Preferred Stockholders be clear and transparent regarding their intentions on this potential special dividend. Improve Board Independence - SCOR's current Board allowed the common stock to suffer under its watch. The Preferred Stockholders have the right to appoint six members of SCOR's ten-person Board. First, a company of SCOR's size should not have a ten-person board. Second, having a majority of the board controlled by Preferred Stockholders does not reflect what we would consider balanced and independent representation for all stakeholders of SCOR. In our view, SCOR's Board needs changes in its composition to give everyone confidence that it is performing its fiduciary duty, specifically to common stockholders, under Delaware law. Removing three seats from the preferred shareholders would go a long way toward ensuring SCOR has a balanced Board. Complete CEO Transition - Ambiguity of future leadership creates a significant overhang for any company. In SCOR's case, it is crucial to find a leader who can work with existing and future management to extract the value we all believe exists within the company. With the connections and support of the Preferred Stockholders, we would have thought this position would have been filled by now with a high quality candidate. Could it be that the misalignment of interests discussed above is complicating this process? If not, what is the delay? The Board needs to complete this process with haste and allow the next leader to shape SCOR into their vision. This is yet another example of Preferred Stockholders receiving "preferred treatment" while at the same time providing limited strategic benefit for the company. Renegotiation of Charter Contract - This is a $200 million, 10-year contract with escalating payments. Is the data provided to SCOR distinctive from the data Charter provides SCOR's direct competitors? Is Charter giving SCOR preferred access to its data, both in terms of the data it provides and the amount it requires SCOR to pay? SCOR should specifically and publicly lay out the value they are receiving from this "preferred partner." If SCOR is not getting the value it expected when the agreement was structured and deserves especially given Charter's preferred status, the contract must be immediately renegotiated. Charter does not get to use SCOR as its personal piggy bank without creating value for all of SCOR's stakeholders. SCOR's management needs to make the economic benefit of this contact clear so that all of its stakeholders can understand the value it brings to the company. Extraction of Value - As a result of the above points, SCOR lags significantly behind its competitors in terms of value creation for stakeholders. We realize changes to the business need to be implemented and demonstrated before true value can be extracted through an increase in the common stock price and/or potential future M&A transactions. That said, we need to see progress on the points above to make it clear that the Preferred Stockholders are not using their position on the Board to adversely impact future value for common stockholders. You must immediately take decisive action with the sole purpose of creating meaningful shareholder value creation for all stakeholders, including the common shareholders. We expect that SCOR's Board is aware of its fiduciary obligations, but we thought it instructive to remind you that it is well settled under Delaware law that the interests of commons stockholders come before preferred stockholders and that serious fiduciary duty questions are raised where a board favors the interests of preferred stockholders to the detriment of its common stockholders."

09:08 EDT LitePoint collaborate with Broadcom to accelerate verification of Wi-Fi 7 chips - LitePoint, a subsidary of Teradyne (TER), announced its collaboration with global technology leader Broadcom (AVGO) to ensure performance and accelerate verification of access points based on Broadcom's new Wi-Fi 7 chips. LitePoint's IQxel-MX tester has been selected to test Broadcom's industry-leading chips, since this test platform enables comprehensive validation of key new Wi-Fi 7 access point and client features, all of which are critical to ensuring the high speed and low-latency communications to support next generation applications such as augmented reality and virtual reality. "Broadcom continues to demonstrate our Wi-Fi leadership by providing a full suite of Wi-Fi 7 ecosystem solutions with a comprehensive access point chipset portfolio that is optimized for enterprise and residential networks," said Manny Patel, senior director of product marketing for the Wireless Communications and Connectivity Division at Broadcom. "LitePoint's IQxel-MX validates the performance of the advanced features in our Wi-Fi 7 chipset, guaranteeing improved user experience with high speed, reliability, low-latency communications, and extended range."

09:07 EDT STMicroelectronics announces results of annual general meeting - STMicroelectronics announced the results related to the voting items of its 2022 Annual General Meeting of Shareholders, which was held today in Amsterdam, the Netherlands. The resolutions, approved by the Shareholders, were: The adoption of the Company's statutory annual accounts for the year ended December 31, 2021, prepared in accordance with International Financial Reporting Standards. The 2021 statutory annual accounts were filed with the Netherlands Authority for the Financial Markets on March 24, 2022 and are posted on the Company's website and the AFM's website; The distribution of a cash dividend of US$ 0.24 per outstanding share of the Company's common stock, to be distributed in quarterly installments of US$ 0.06 in each of the second, third and fourth quarters of 2022 and first quarter of 2023 to shareholders of record in the month of each quarterly payment as per the table below; The reappointment of Ms. Janet Davidson, as member of the Supervisory Board, for a two-year term expiring at the end of the 2024 AGM; The appointment of Ms. Donatella Sciuto, as member of the Supervisory Board, for a three-year term expiring at the end of the 2025 AGM in replacement of Ms. Lucia Morselli whose mandate will expire at the end of the 2022 AGM; The approval of the stock-based portion of the compensation of the President and CEO; The authorization to the Managing Board, until the end of the 2023 AGM, to repurchase shares, subject to the approval of the Supervisory Board; The delegation to the Supervisory Board of the authority to issue new common shares, to grant rights to subscribe for such shares, and to limit and/or exclude existing shareholders' pre-emptive rights on common shares, until the end of the 2023 AGM; The discharge of the sole member of the Managing Board; and The discharge of the members of the Supervisory Board. The complete agenda and all relevant detailed information concerning the 2022 AGM, as well as all related AGM materials, are available on the Company's website and made available to shareholders in compliance with legal requirements.

09:06 EDT Nokia extends long-term relationship with UScellular - Nokia announced that it has extended its long-term relationship with UScellular to deploy the energy-efficient Nokia AirScale portfolio in mid-band C-Band and 3.45 GHz mid-band spectrum to boost its 5G network speed, capacity and coverage. Under the terms of the deal, UScellular will deploy Nokia's massive MIMO radios, macro remote radio heads, and next-generation AirScale baseband equipment in the C-Band and 3.45 GHz mid-band spectrum. Nokia's AirScale radios provide dual support for both C-Band and 3.45 GHz mid-band spectrum, offering a cost-effective deployment solution. The deployment builds on Nokia's existing support for Uscellular's 5G standalone core network and RAN for both low-band and mmWave 5G. Ed Cholerton, President of Nokia North America, said: "By deploying the award-winning and energy efficient Nokia AirScale portfolio, UScellular is bridging the digital divide by addressing the growing mobile broadband demand for anywhere, anytime coverage from its customers. We are in close collaboration with UScellular as we provide solutions for its C-Band and 3.45 GHz mid-band spectrum to ensure its customers will benefit from the power of true 5G." UScellular currently has low-band 5G coverage in portions of all its markets and has launched 5G mmWave Home Internet+ service in parts of 10 cities. It expects to activate this mid-band spectrum for customer use by the end of 2023.

09:05 EDT Payoneer Global appoints Caplan co-CEO alongside current CEO Scott Galit - Payoneer appointed John Caplan co-Chief Executive Officer and Director alongside current CEO Scott Galit, effective immediately. Galit and Caplan will lead the firm as co-CEOs during a transition period through the end of 2023, when Caplan will take the helm as CEO and Galit will continue in a strategic role. Caplan will use his deep experience working with global companies to drive the Payoneer's growth at scale, expand the company's suite of products, and serve customers who are scaling businesses in today's digital economy, all in close collaboration with Galit. Caplan will assume leadership over the business organization and core corporate functions. Galit will continue to oversee Payoneer's regulated activities and lead the delivery functions that underpin the business. "I have known John professionally for several years and have great admiration and respect for his accomplishments and his values. We share a vision of how the digital world is transforming global commerce, how SMBs have a bigger role to play, and how today's great companies must be built around customer and employee centricity," stated Scott Galit. "The opportunities in front of Payoneer and our customers are vast. The Board of Directors and I believe the next decade will require transformational leadership to match those opportunities. I am excited to partner with John as Payoneer continues to build a platform tailor-fit for the new global economy."

09:03 EDT AMD expands confidential computing presence on Google Cloud - AMD announced new Confidential virtual machines on the existing the N2D and C2D VMs on Google Cloud, all powered by AMD EPYC processors. These VMs extend the AMD EPYC processor portfolio of Confidential Computing on Google Cloud with the performance of 3rd Gen EPYC processors in compute-optimized VMs. A key Confidential Computing component provided by AMD EPYC processors is AMD Secure Encrypted Virtualization, part of AMD Infinity Guard. This advanced hardware-based security feature encrypts full system memory and individual virtual machine memory as well as isolating the VM memory from the hypervisor, without dramatically impacting performance. With the expansion of Confidential Computing in N2D and C2D VMs, Google Cloud customers now have access to advanced hardware enabled security features powered by 3rd Gen AMD EPYC processors that will help protect sensitive, wide-variety workloads.

09:01 EDT Boeing, Ethiopian Airlines announce order for five 777 Freighters - Boeing and Ethiopian Airlines announced the carrier is further expanding its all-Boeing freighter fleet with an order for five 777 Freighters. The order is currently unidentified on Boeing's orders and deliveries website.

08:50 EDT Covetrus trading resumes

08:49 EDT Allegro MicroSystems expands portfolio of sensorless BLDC gate drivers - Allegro MicroSystems announced it has expanded its portfolio of three-phase sensorless BLDC gate drivers. Its newest offerings, the A89332 and A89332-1, are designed to meet the evolving needs of cooling systems in today's data centers offering flexible options for designers. Available with innovative integrated power loss brake and AC-loss features, these drivers enable compact, high-airflow fan designs to improve thermal efficiency, reducing energy use and data center costs.

08:45 EDT Senti Bio appoints Rajangam as Chief Medical, Development Officer - Senti Biosciences announced the appointment of Kanya Rajangam, MD, PhD, as Chief Medical and Development Officer. Dr. Rajangam who will join the company this July. As Chief Medical and Development Officer, Dr. Rajangam will be broadly responsible for leading the development and regulatory strategy to rapidly advance Senti Bio's off-the-shelf CAR-NK cell oncology programs into and through clinical development. Dr. Rajangam joins Senti Bio from Nkarta Therapeutics where, as chief medical officer, she was responsible for clinical development of CAR-NK cell therapies for oncology.

08:41 EDT Jaguar Health says Napo submits ODD application to EMA for crofelemer - Jaguar Health announced that Napo Therapeutics, the Italian corporation established by the company in Italy in 2021 that focuses on expanding crofelemer access in Europe, has submitted an Orphan Drug Designation application for crofelemer for a rare congenital diarrheal disorder condition called microvillus inclusion disease to the European Medicines Agency. The submission is the first step of the process; the review by the EMA's Committee for Orphan Medicinal Products will start after the validation of the submission.

08:39 EDT Northwest Bancshares announces passing of CEO Ronald Seiffert - Northwest Bancshares and Northwest Bank are deeply saddened to announce the sudden passing of Chairman, President and CEO Ronald Seiffert. He died unexpectedly of natural causes on Tuesday. The Northwest Bancshares and Northwest Bank Boards of Directors held a meeting last night in accordance with the companies' succession plan, appointing CFO William Harvey Jr. as interim President and CEO, and Lead Director Timothy Fannin as interim Chairman of the Board. Bank employees have been informed of the news and Northwest representatives are sharing the news with business and community organizations.

08:37 EDT Casa Systems participates in CableLabs FMA Interop event - Casa Systems announced it has demonstrated multi-vendor interoperability within the FMA environment at CableLabs Q2 Interoperability event. Casa Systems' powerful, software based FMA offering including its Axyom vRMD manager and Remote MACPHY node were tested in a multi-vendor lab environment demonstrating both interoperability and compliance with the latest FMA standards.

08:35 EDT Jaguar announces Napo Therapeutics submission of ODD application for crofelemer - Jaguar Health announced that Napo Therapeutics, the Italian corporation established by the company in Italy in 2021 that focuses on expanding crofelemer access in Europe, has submitted an Orphan Drug Designation, or ODD, application for crofelemer for a rare congenital diarrheal disorder, or CDD, condition called microvillus inclusion disease, or MVID, to the European Medicines Agency, or EMA. The submission is the first step of the process; the review by the EMA's Committee for Orphan Medicinal Products, or COMP, will start after the validation of the submission.

08:34 EDT The Very Good Food Company increases distribution in Canada with Loblaw - The Very Good Food Company has increased retail distribution across Canada with Loblaw. The company's products are now available in more than 2,000 stores across North America with additional retail expansion forecasted for Summer 2022. The company's Cajun Sausage, Bratwurst Sausage, and Meatballs belong to the company's Butcher's Select line as well as the Very Good Ribs and the Very Good Steak Two-Pack, belonging to the company's original line of products have now been listed at select Real Canadian Superstore and Loblaws locations across Canada.

08:33 EDT Genasys announces successful evacuation exercise in California - Genasys announced that the Contra Costa County Fire Protection District, the Contra Costa County Sheriff's Office of Emergency Services, and the City of Walnut Creek conducted a successful evacuation exercise in the Walnut Creek community of Rossmoor last week. The exercise was designed to evaluate and improve evacuation procedures for residents of the Rossmoor community and test Contra Costa County's Zonehaven digital evacuation system. Contra Costa is one of 19 California counties employing Zonehaven evacuation management software services.

08:32 EDT Troika Media appoints Erica Naidrich as CFO - Troika Media Group announced that Erica Naidrich has been appointed CFO, effective immediately.. Ms. Naidrich joins the Troika Executive Team to oversee the Company's global finance and enterprise functions and will be reporting to Sid Toama, CEO and President of Troika. Christopher Broderick, previously CFO and COO, will remain as COO of Troika Media Group. Prior to joining Troika Media Group, Ms. Naidrich served as Vice President of Accounting and Controller for Madison Square Garden Entertainment Corp.

08:32 EDT IAA expands, relocates UK head office - IAA announced that its UK-based business unit is relocating and expanding its southern UK head office in order to meet the demands of both current and new customers. The current office, IAA House, will be retained as an expanded Customer Service center.

08:29 EDT Lowell Farms to acquire automated pre-roll manufacturing assets from All Good - Lowell Farms is announcing the acquisition of advanced pre-roll production equipment and capabilities from Canadian cannabis brand All Good Collective. The acquisition will accelerate Lowell Farms' ability to offer end-to-end automation of large-scale pre-roll production. As part of the transaction, Lowell Farms Inc. will manufacture and sell All Good Collective's successful line of pre-rolls from Canada into the California cannabis market, where they will be sold alongside Lowell's existing line of award-winning products. Lowell intends to offer production capacity to other cannabis brands seeking to showcase their flower in this exciting new format. The transaction will be treated as an asset acquisition. Lowell will issue a combination of stock and cash upon delivery of the equipment with an approximate current value of US $4.1m as consideration. Lowell anticipates that the transaction will close this summer.

08:27 EDT Meta Materials VP to give keynote lecture on medical tech for stroke detection - Meta Materials announced that Dr. Panos Kosmas, VP Biomedical Engineering, will give a keynote lecture on Microwave Imaging for Medical Diagnostics on Thursday, May 26th, as part of the 8th International Conference on Antennas and Electromagnetic Systems held in Marrakesh, Morocco. As part of his lecture, Dr. Kosmas will provide an overview of his team's R&D towards developing a portable, cost effective and safe radio-wave imaging scanner, which can be used in ambulances for detecting strokes, or bedside in the hospital to monitor stroke evolution and recovery. According to the World Stroke Organization, stroke remains the second-leading cause of death and the third-leading cause of death and disability combined in the world. The estimated global cost of stroke is over U.S. $721 billion affecting more than 100 million people. Point of care diagnostics and remote monitoring crucially depend on data accuracy and reliability. META has developed a metamaterial technology platform to measure physiological signals with superior accuracy, specificity, and sensitivity. META's technology leverages metamaterials to bend light in non-ordinary ways. When a metamaterial film is placed on the skin, the signal can penetrate the tissue, improving sensing accuracy. Under normal circumstances, a signal is reflected, and little energy penetrates the tissue, hindering sensing accuracy. The research is the result of a collaboration between King's College London, where Dr. Kosmas previously held a full-time academic position, and META, where he is now employed full-time leading the effort to commercialize this research. Development of the portable scanner benefits from META's patented, "see-through-skin" metamaterial technology, which is a key enabler for detecting stroke more accurately. META's approach has been presented in a series of peer-reviewed papers and has recently been granted a U.S. patent. The system is currently being developed further in META's new European R&D and Sales Headquarters in Athens, Greece. The radio wave tomography system described in META's U.S. patent covers a broad range of potential applications, including breast imaging for cancer, brain imaging for clots, bleeding and other abnormalities, and post trauma diagnosis of internal bleeding and/or broken bones. Radio wave tomography depends on optimized evaluation algorithms, big data, and powerful computers. The technique was not adequately developed until recently, as the cost of hardware has declined, and sufficient computing power has become available.

08:23 EDT Covetrus to be acquired by Clayton, Dubilier & Rice for $21.00 per share - Covetrus announced that it has entered into a definitive agreement pursuant to which funds affiliated with Clayton, Dubilier & Rice, or CD&R, a global private investment firm, and TPG Capital, the private equity platform of global alternative asset management firm TPG , will acquire all outstanding shares of Covetrus common stock not already owned by affiliates of CD&R for $21.00 per share in cash, representing an enterprise value of approximately $4B. CD&R and its affiliates currently beneficially own approximately 24% of the company's outstanding shares of common stock. The transaction delivers significant value to Covetrus' shareholders and represents a 39% premium to Covetrus' 30-day volume weighted average price per share as of the unaffected stock price as of May 13. The proposed transaction has been unanimously approved by a transaction committee of independent directors of the board of directors of Covetrus. The board of directors of Covetrus has unanimously approved the proposed transaction on the recommendation of the transaction committee. The transaction is expected to close in the second half of 2022. Completion of the transaction is subject to certain regulatory approvals and the satisfaction of other customary closing conditions, including the approval of Covetrus' shareholders. The transaction will be financed through a combination of cash funded by investment funds affiliated with CD&R and TPG Capital, as well as committed debt financing. Upon completion of the transaction, Covetrus will become a private company and will no longer be publicly listed or traded on Nasdaq. Covetrus' management team, including Benjamin Wolin, president and CEO, is expected to continue to lead the company. Covetrus plans to maintain its headquarters in Portland, Maine, and will continue to operate under its current brands.

08:23 EDT CureVac partners with myNEO to identify novel antigen targets - CureVac and myNEO announced that they have entered into a research and option agreement. Under the agreement, both companies aim to identify specific antigens found on the surface of tumors for the development of novel mRNA immunotherapies. To achieve this goal, myNEO will leverage its biological datasets and its integrated machine learning and bioinformatics platform to identify and validate specific antigen targets predicted to elicit a strong immune response myNEO utilizes a broad range of underlying genomic alterations to identify constantly emerging, novel classes of antigens of defined tumor types. The immunogenicity of identified antigens is predicted using proprietary algorithms, machine and deep learning methods and an extensive database containing data on tumor specific mutations. Incorporating new ranking methodologies based on tumor cell antigen processing and presentation allows for selection of antigens with the highest confidence of success for potential clinical testing.

08:21 EDT H2O Innovation wins $7.9M new water, wastewater projects - H2O Innovation announces that its Water Technologies & Services, WTS, business line has recently been awarded three new water and wastewater treatment projects. These new contracts, with a total value of $7.9 M, bring the WTS backlog to $40.4 M. The first project awarded to the Corporation involves the replacement of a municipal drinking water system that uses ultrafiltration in the city of Georgetown, Texas. The pilot project was successfully completed last winter, which positioned H2O Innovation to obtain the contract for the 3.6 MGD system thereafter. The second project is a double-pass reverse osmosis system to supply boiler make-up water to an industrial customer located in Wisconsin. The Corporation won this contract due to its ability to deliver the installation within a very tight schedule. Finally, the last project awarded to H2O Innovation consists of a membrane bioreactor system with a capacity of 276,000 GPD for an industrial client in Texas. "These projects demonstrate our focus on the objectives outlined in our Strategic Plan, as we grow with a great diversification of high-quality municipal and industrial projects. They allow the WTS team to employ our engineering expertise and our unique designs, such as the FiberFlexTM flexible approach, and to deliver complete solutions to our customers for all kinds of applications. The team has really transformed over the past few years, which has led to these recent successes," stated Gregory Madden, Chief Strategy Officer of H2O Innovation.

08:21 EDT Cruiser Capital sends letter to American Vanguard stockholders - Cruiser Capital Master Fund owning approximately 2.5% of AVD's outstanding shares, sent the following letter to AVD stockholders in connection to its nomination of three highly qualified candidates, Mark Bassett, Pat Gottschalk and Keith Rosenbloom to the AVD Board of Directors at the June 1 Annual Meeting of Stockholders : "You have an important decision to make about the future of American Vanguard at the upcoming Annual Meeting of Stockholders on June 1, For the first time you as a shareholder are given a choice as to how to improve AVD. You can vote to elevate American Vanguard by electing Cruiser's independent nominees Mark Bassett, Pat Gottschalk and Keith Rosenbloom to bring new perspectives and much-needed operational and corporate governance expertise to the Board of Directors, or you can vote for the status quo of a stagnant stock price and chronic underperformance overseen by the current Board. We urge stockholders to vote on the BLUE proxy card for Cruiser's director nominees.

08:20 EDT SAIC awarded $390M task order by General Services Administration - SAIC was awarded a $390M task order by the General Services Administration on behalf of U.S. Space Force/Space Systems Command to continue providing systems engineering and integration services to help modernize the nation's Global Positioning Systems, or GPS, program. Under the task order, SAIC will support the Space Systems Command's GPS programs of record, as well as its Positioning, Navigation and Timing, or PNT, enterprise - a system-of-systems that contains space vehicles, ground infrastructure and all GPS military user equipment. SAIC will also support future PNT planning. The PNT enterprise represents a critical component of the U.S. critical infrastructure, supporting the civil, military and commercial uses on which all Americans rely for their work and leisure activities.

08:19 EDT Kohl's: New store growth represents sales opportunity of over $500M

08:18 EDT Hologic receives CE mark for Panther Fusion EBV Quant Assay - Hologic announced it has received CE marking for two new molecular assays, Panther Fusion EBV Quant Assay and Panther Fusion BKV Quant Assay, expanding its transplant pathogen monitoring menu on the Panther Fusion system. The assays quantify the viral load of the respective viruses and are intended to aid the diagnosis and management of solid organ transplant patients and hematopoietic stem cell transplant patients. The assays are in vitro nucleic acid amplification tests, or NAAT, that are run on the fully automated Panther Fusion system using real-time Polymerase Chain Reaction, or PCR, technology. The Panther Fusion EBV Quant is validated for use with whole blood and plasma samples. The Panther Fusion BKV Quant is validated for use with human plasma and urine samples. Plasma, whole blood and urine specimens are important biomarkers when using quantitative NAATs for diagnosis and management of transplant patients. It is crucial that viral levels are accurately quantitated in transplant recipients to guide treatment decisions and monitor response to therapy.

08:17 EDT Kohl's: Sephora to enter 850 doors by 2023

08:17 EDT Endra Life Sciences bolsters TAEUS System intellectual property with US patent - ENDRA Life Sciences announces that the United States Patent & Trademark Office has issued a new patent to ENDRA, U.S. Patent No. 11337676 titled "Acoustically Compatible Radio-frequency Applicator Method and System." The '676 patent protects ENDRA's method and system for optimizing the delivery of radiofrequency energy to tissue using TAEUS, and serves as the parent patent for applications being prosecuted in China and in Europe. "This issued patent is our 27th in the United States and supports our strategy to develop optimized hybrid ultrasound and thermoacoustic imaging systems and to broaden the potential applications for our proprietary TAEUS technology in areas with unmet clinical needs," stated ENDRA's Chairman and Chief Executive Officer Francois Michelon. "We continue to enhance our intellectual property portfolio to protect our technology in priority global markets. Our IP portfolio currently stands at 90 assets, including 47 patents issued globally."

08:15 EDT Covetrus trading halted, news pending

08:14 EDT Bit Origin enters into LOI to acquire 30.62% equity interest in Horizon Mining - Bit Origin announced that the Company has entered into a Letter of Intent, LOI, to acquire 30.62% equity interest in Horizon Mining, an operator of a crypto mining site located at Macon, Georgia to further facilitate Bit Origin's strategic development process. The potential acquisition is expected to increase the Company's cryptocurrency mining capacity by 9.49 megawatts with a hash rate of 316PH/s, which represents approximately 40 Bitcoins would be mined per month at full capacity. Pursuant to the LOI, the Company agrees to acquire 30.62% of the equity interests of HML in exchange for consideration having an aggregate value of $4,251,281. The Company expects to enter into a definitive agreement and expects the acquisition to be completed in the coming months, subject to the customary conditions. Lucas Wang, Chairman and Chief Executive Officer of the Company, commented, "The acquisition proposal of HML would be one of the most significant achievements in Bit Origin's growth to date and a solid milestone to achieve the Company's development goal of becoming a leading Bitcoin mining company once the transaction is completed. HML is our long last strategic partner in the United States, and such an investment decision truly deepens our relationship for better collaborations in the future. The assets and sophisticated operation team acquired from HML will create financial and operational synergies and diversifies the Company's risk and revenue model to become a crypto mining operator and hosting service provider. We are excited to enter the mining hosting sector to further enhance our competitive advantages in mining operation expertise while expanding our landscape in the US."

08:12 EDT Erasca announces three key appointments to leadership - Erasca announced the appointments of Shannon Morris as senior vice president of clinical development, Amy Grekowicz Parker as vice president of clinical operations, and John Lo as senior commercial advisor and member of Erasca's research, development, and commercial advisory board, RDCAB. Morris joined Erasca from Istari Oncology, where she was vice president, head of clinical development, and a member of the executive committee. Parker joins Erasca with more than 20 years of biopharmaceutical industry experience and nine years of academic research. Lo brings over 20 years of biopharmaceutical commercial expertise, including commercial experience across business development, launch, and lifecycle management.

08:10 EDT DLH Holdings awarded ID/IQ award contract to support DoD - DLH Holdings announced that it has been awarded an Indefinite Delivery/Indefinite Quantity, ID/IQ, multiple award contract to provide health-related research and development and support services to the Department of Defense, DoD. DLH will compete for individual task orders across two of OMNIBUS IV's market segments - Research & Development and Research & Development Support Services. The contract covers medical simulation technology, research into infectious diseases and radiation effects, battlefield healthcare, clinical medicine, chemical and biological readiness, genomics and omics-based research, and science technologies. The multiple-award contract has a five-year base period and a five-year extension option, and, in aggregate, has a $10B ceiling for all awardees. Specific values will be allocated to contractors as task orders are competed and awarded. "With this vehicle DLH is in a position to help enhance the force health readiness posture of our military through application of our expertise across the full continuum of care - ranging from scientific research and clinical trials through advanced development to care delivery systems in the battlefield," added Zach Parker, DLH President and CEO.

08:08 EDT Enlivex Therapeutics awarded third non-dilutive IIA grant - Enlivex Therapeutics announced that the Israel Innovation Authority, IIA, selected Enlivex's ongoing sepsis clinical program to receive a third non-dilutive grant of approximately $1.2M for 2022. To date, Enlivex has received a total of approximately $7.8M in non-dilutive grants from the IIA for clinical trials and product development, excluding this newly approved grant.

08:07 EDT DMG Blockchain Solutions granted crypto patent - DMG Blockchain Solutions announces the issuance of a patent by the US Patent and Trademark Office for U.S Patent No. 11,188,899 B2, which relates to a method for facilitating identity tracking in a cryptocurrency transaction, even if the associated blockchain itself does not store user identity information, i.e. it is anonymous or pseudo-anonymous. As part of DMG's focus on vertical integration, this patent solidifies our approach to our Core+ software strategy to meet the growing need for implementing strong KYC and AML processes to accelerate Bitcoin adoption. As reported previously, DMG has filed six patents.

08:06 EDT Enphase Energy releases 2021 ESG report - Enphase Energy announced the release of its 2021 Environmental, Social, and Governance Report, which provides an update on Enphase's ESG policies and initiatives The ESG Report identifies key focus areas and fundamental ESG standards relevant to Enphase's business and its investors based on guidance from the Sustainability Accounting Standards Board industry specific standards and references the Global Reporting Initiative standards to report on additional material sustainability issues. In addition, Enphase provides disclosures aligned with the four key themes of the Taskforce for Climate-Related Financial Disclosure and compares its business activities and strategy to the United Nations Sustainable Development Goals.

08:05 EDT Hoegh LNG Partners to be acquired by Hoegh LNG Holdings for $167.6M - Hoegh LNG Partners - the Partnership has entered into a definitive merger agreement with Hoegh LNG Holdings - Hoegh LNG - pursuant to which Hoegh LNG will acquire, for cash, all of the outstanding publicly held common units of the Partnership, at a price of $9.25 per common unit for a total purchase price of approximately $167.6M. The revised price represents an increase of $5.00 when compared to the offer of $4.25 per common unit made by Hoegh LNG on December 3, 2021, a premium of 35.0% to the closing price of the Partnership's common units of $6.85 per unit on May 24, 2022 and a premium of 39.2% to the volume weighted average price of the Partnership's common units for the 30-trading day period ended May 24, 2022. The Partnership's incentive distribution rights will be cancelled. The Series A preferred units of the Partnership will remain outstanding. Based on the recommendation of the Conflicts Committee, the Board of Directors unanimously approved the merger agreement and recommended that the Partnership's common unitholders approve the merger. The merger is expected to close in the second half of 2022. Hoegh LNG owns 45.7% of the common units and has entered into a support agreement with the Partnership committing to vote its common units in favor of the merger.

08:04 EDT Item 9 Labs enters agreement to acquire Sessions Cannabis, no terms disclosed - Item 9 Labs announced that it has signed a definitive agreement to acquire Sessions Cannabis, one of Canada's largest cannabis retail franchisors. Founded in 2019, Sessions currently has 43 stores throughout the Province of Ontario, the majority of which are located in prime retail shopping centers, typically anchored by national tenants such as Costco, Walmart, well-known grocers, quick service restaurants and more. The Ontario-based business has a franchise system comprised of 18 franchisees, the majority of which are multi-unit owners, and plans to continue its growth across Canada with multiple openings already planned for this year. Sessions also anticipates it will continue its consistently strong performance.

08:03 EDT Q&K International announces issuance of shares to CB holders, certain lender - Q&K International Group announced that the Company and the holders of its convertible note dated July 29, 2020 entered into certain amendments dated May 25, 2022 to the 2020 CB and related transaction documents. Pursuant to the Amendments, the conversion price of the 2020 CB was adjusted to being the price calculated as seventy five percent of the 15-Trading Day average closing price of the Company's American Depositary Shares, each representing 150 class A ordinary shares of the Company, as of May 13, 2022. Also pursuant to the Amendments, all of the issued and outstanding warrants previously issued to the CB Holders in connection with the 2020 CB are deemed to have expired and the Company will have no further obligation to issue additional warrants to the CB Holders in connection with the 2020 CB. On May 25, 2022, the CB Holders elected to convert, and converted, all of the US$64,729,973 outstanding principal amount of the 2020 CB and all the accrued but unpaid interest as of such date at the Conversion Price, resulting in the issuance of 15,414,467,400 class A ordinary shares or 102,763,116 ADSs. In addition, on May 25, 2022, the Company issued 8,617,124,250 class A ordinary shares to a lender of its outstanding facility at a per share price equal to the Conversion Price divided by 150, or for a total consideration of US$36,185,890. The payment of the total consideration is set off by the repayment by the Company of the outstanding amount owed by the Company to the Lender under the Converted Loan. Immediately following these issuances, the Company has 25,506,250,861 class A ordinary shares outstanding. The CB Holders and the Lender are non-U.S. persons, and the transactions are offshore transactions exempt from registration with the U.S. SEC under Regulation S of the United States Securities Act of 1933, as amended.

08:03 EDT Happiness Development enters agreement for sales of up to 2,000 EVs - Happiness Development announced that its automobile sales subsidiary 'Taochejun" has entered into a strategic cooperation agreement with Fujian Yiluba Automobile Service Consulting Co., Ltd. According to the cooperation agreement, over the next three years, 168 plans to purchase from Taochejun up to 2,000 new energy vehicles. If 168 purchases all of the 2,000 vehicles, the total value would be approximately $30M.

07:55 EDT Small Pharma reports cash on hand of C$40.7M as of February 28 - The Company had cash on hand as of February 28, 2022 of approximately $40.7 million and working capital of approximately $38.5 million. The Company's annual financial results for the fiscal year ended February 28, 2022 will be reported in June 2022.

07:54 EDT Small Pharma provides update on short-acting psychedelic programs - SPL026 IM Phase I study planned for 2022: The SPL026 intramuscular preclinical program is complete and a comparative pharmacokinetics Phase I study is planned for 2022. The study will compare the treatment profile of IM versus IV modes of administration of SPL026. IM injection would offer a simple injectable form that could further enhance convenience and accessibility of DMT-assisted psychotherapy for patients and clinicians. SPL028, deuterated DMT-assisted psychotherapy, Phase I clinical trial planned for H2 2022: The program has been initiated with positive preclinical data of IM and IV formulations of SPL028. In vitro data demonstrated a reduction in clearance rate and significant extension in half-life compared to SPL026. SPL028 offers a similar pharmacological profile to SPL026 in vitro and in vivo, with differentiated pharmacokinetics. Additionally, toxicological profiling demonstrated SPL028 to be safe and well-tolerated in vivo at all doses tested, demonstrating significant safety margins for progressing into first-in-human trials. A Phase I clinical trial is planned to commence in H2 2022.

07:52 EDT Small Pharma granted two Composition of Matter patents - The Company continues to build a robust IP portfolio with two additional patents granted. These new patents bring the Company's portfolio to a total of six granted patents and 68 patent applications pending across the Company's psychedelic and non-psychedelic portfolio. EP 3 826 632, Composition of Matter patent: This European patent protects Composition of Matter of certain deuterated homologues of N,N-dimethyltryptamine, including the active ingredient in SPL028. This patent sits alongside the Company's UK patent for SPL028, strengthening its protection in European markets. EP 3 844 147, Composition of Matter patent: This European patent protects Composition of Matter of certain deuterated homologues of certain tryptamine compounds, including the active ingredients currently being investigated in the SPL029 series. This patent also provides protection for therapeutic applications of these deuterated tryptamines and their use in the development of orally active formulations.

07:46 EDT Lexagene Holdings announces purchase of two MiQLab Systems - LexaGene Holdings is pleased to announce a large veterinary animal health corporation has purchased 2 MiQLab Systems for two of their locations. Both locations will use the MiQLab Systems for fast evidence-based decision making at the point of care.

07:38 EDT nCino announces AnnieMac completed rollout of Nexus Engagement, Origination - SimpleNexus, an nCino company, announced that AnnieMac Home Mortgage has completed the enterprise-wide rollout of Nexus Engagement and Nexus Origination. With these mobile-first mortgage tools from SimpleNexus, AnnieMac's more than 250 mortgage loan originators will be able to collaborate more effectively with referral partners and borrowers throughout the homebuying journey whether working remotely or from one of the mortgage bank's nearly 100 branch locations. Nexus Engagement helps mortgage loan originators, real estate agents, settlement agents and other referral partners stay connected with homebuyers during the pre-application phase with mobile tools that include integrated home search, a loan payments calculator and instant chat.

07:36 EDT NFI Group releases ESG report for 2021 - NFI Group released its Environmental, Social and Governance, ESG, Report for 2021. "As leaders in transportation solutions, NFI plays a critical role in driving tangible environmental and social impact. Our products and services lower emissions, create economic opportunities, and build healthier communities. NFI's fourth annual ESG Report demonstrates our impact and the significant growth and maturity in our Company-wide ESG practices," said Janice Harper, Executive Vice President, People and Culture, NFI. "Throughout 2021, we continued to lead the evolution to zero-emission transportation-what we like to call the ZEvolutionTM-through the launch of six new battery and fuel cell-electric models. NFI now has zero-emission buses and coaches operating or on order, in more than 80 cities, and 2021 saw us expand our zero-emission presence in Ireland, Britain, New Zealand, and Australia. We also accelerated our Company-wide sustainability strategy and roadmap, focused on serving all our stakeholders. This included the hiring of a Sustainability Manager, launching an ESG materiality assessment, and actioning Company-wide diversity, equity, and inclusion initiatives." NFI's ESG Report for 2021 provides updated key performance indicators, highlights for 2021, ESG priorities for 2022, as well as case studies outlining some of the specific projects and initiatives the Company undertook in the year.

07:35 EDT Lilium selects Aernnova to design, build jet's propulsion mounting system - Lilium has selected Aernnova, a leading aerospace component manufacturer, to collaborate on the Lilium Jet's propulsion mounting system. A propulsion mounting system or "flap", the structure that forms the rear part of the wings and front aerofoils, is one of the Lilium Jet's major components, producing lift by interacting with airflow from the engine. It also houses the propulsion and vectoring systems responsible for vertical and horizontal flight. Aernnova and Lilium will work together on the design, manufacture, and supply of the Lilium Jet's flap structure. The Lilium Jet's propulsion mounting system will feature a complex and unique design. Yves Yemsi, Chief Operating Officer of Lilium, said: "Aernnova is an industry leader for customized design and manufacture of metallic and composite assemblies, which makes them an ideal partner. It is important to us that we collaborate with the best aerospace suppliers and leverage their expertise."

07:34 EDT Dick's Sporting CEO says 'we are pleased with our first quarter results' - Lauren Hobart, President and CEO said, "We are pleased with our first quarter results as our team continued to move with agility and execute well in a highly dynamic environment. Over the past two years, we have demonstrated our ability to adeptly manage through the pandemic and other challenges - and we are confident in our continued ability to adapt quickly and execute through uncertain macroeconomic conditions. DICK'S has a unique and powerful position in the marketplace, and we remain confident in our strategies and our ability to deliver long-term sales and earnings growth."

07:10 EDT OraSure's InteliSwab COVID-19 test selected by US HHS for school testing - OraSure Technologies announced that its InteliSwab COVID-19 Rapid Test has been selected by the U.S. Department of Health and Human Services, HHS, to be distributed to schools nationwide. The HHS program provides school districts with at-home COVID-19 test kits to be sent home with students, teachers and staff to help keep the nation's schools safe as the pandemic continues. Tests provided under this program will be funded as part of OraSure's procurement contract from the Defense Logistics Agency. "Keeping children in school is a top priority and our InteliSwab tests will help make that happen for students across the nation as they complete this school year, move through the summer and start back again in the fall," said Lisa Nibauer, President of Diagnostics for OraSure Technologies. "The InteliSwab test is simple to use so anyone who uses it can be confident they performed the test correctly. In a pediatric specific study, 95% of parents indicated that swabbing the nose, and reading the results were easy."

07:09 EDT ObsEva presents clinical data on oral GnRH antagonist linzagolix - ObsEva announced the presentation of clinical data on linzagolix, an oral GnRH antagonist. These data were featured in two oral presentations at the 8th Society of Endometriosis and Uterine Disorders, SEUD, Congress held in Athens, Greece from May 18-21, 2022, and a poster presentation at the International Society of Gynecological Endocrinology 20th World Congress. The presentation titled "Reduction of Fibroid-Related Heavy Menstrual Bleeding in Women Defined as Non-Responders Following Linzagolix Treatment With or Without Add Back Therapy" was presented by Dr. Jacques Donnez, MD, PhD, Catholic University of Louvain. Summary of the data and key takeaway: At 24 weeks, once-daily doses of linzagolix amongst women who did not meet both measures for the primary endpoint, 27%, 63%, 49% and 58%, respectively, compared to 25% in the placebo group met at least one measure. The mean percent reduction from baseline in MBL in the linzagolix non-responder groups were 72%, 76%, 75% and 74%, respectively, compared to more than 90% reduction in MBL in the linzagolix responder groups. The presentation titled "Linzagolix for Endometriosis-Associated Pain: Efficacy Results from EDELWEISS 3, A Phase 3 Randomized, Double-Blind, Placebo-Controlled Trial" was presented by Dr. Hugh Taylor, MD, Yale School of Medicine. Summary of the data and key takeaway: At 12 weeks, once-daily treatment with linzagolix 200 mg with hormonal ABT significantly improved dysmenorrhea, non-menstrual pelvic pain, and other symptoms of endometriosis, including dyschezia and ability to do daily activities. Treatment with linzagolix 75 mg significantly improved DYS but not NMPP, yet there was evidence of improvement in other symptoms which supports the further clinical development of a partial suppression dose for the treatment of endometriosis-associated pain. The poster titled "Efficacy and Safety of Linzagolix for the Treatment of Heavy Menstrual Bleeding Due to Uterine Fibroids: Results from Two Phase 3 Randomized Clinical Trials" was presented by Dr. Kristina Gemzell-Danielsson, MD, Karolinska Institutet. Summary of the data and key takeaway: Once-daily doses of linzagolix met the primary endpoint of significantly reduced HMB at 24 weeks in all active treatment groups compare to placebo. The most common adverse event up to 52 weeks were hot flushes, which was reported in 32-35% of subjects in the 200mg group without ABT and less than 15% in the other linzagolix arms.

07:06 EDT Bio-Techne's Maurice platform shows high comparability in published study - Bio-Techne announced the publication of a global study in the Journal of Electrophoresis which reports the findings of a multi-company study focused on the comparability of the iCE3 and Maurice instruments, two analytical platforms for charge heterogeneity analysis of therapeutic proteins. Bio-Techne pioneered the use of imaged capillary isoelectric focusing - icIEF - in 1999 with the iCE280, which was upgraded to the iCE3 in 2012. This comparability data will aid them and all companies in the transition to Maurice from the iCE3 platform. 19 sites from the United States, Europe, and China participated. For each molecule, the electropherograms from both instruments were found to be comparable across all labs. The standard deviations for both molecules' charge variants were less than 1.02% on iCE3 and Maurice across the labs. The data demonstrated "excellent" iCE3/Maurice comparability. Establishing data comparability between the legacy iCE3 system and Maurice enables customers to transition and take advantage of the additional capabilities Maurice offers.

07:05 EDT General Mills sells its Helper main meals and Suddenly Salad units for $610M - General Mills announced that it has entered into a definitive agreement to sell its Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group, a portfolio company of Kelso & Company, in a cash transaction valued at approximately $610M. The proposed transaction is expected to close in the first quarter of fiscal 2023, subject to regulatory approval. "With this divestiture, we are continuing to reshape our portfolio and advance our Accelerate strategy," said Jon Nudi, General Mills Group President, North America Retail. "This transaction improves our North America Retail segment's growth profile and allows us to increase our focus on brands and categories where we have the best opportunities to drive profitable growth." Net sales for the Helper and Suddenly Salad businesses totaled approximately $235 million in fiscal 2021. The company expects the divestiture to be dilutive to its adjusted earnings per share in the range of approximately 10 to 11 cents in the first 12 months after closing, before factoring in any potential benefit from the use of proceeds from the sale. The company will provide more information on the transaction on its fourth quarter earnings call in late June.

07:04 EDT Karyopharm doses first patient in EMN29/XPORT-MM-031 study - The European Myeloma Networ, an international collaborative network of expertise centers for multiple myeloma in Europe and Australia, and Karyopharm Therapeutics announced the dosing of the first patient in the collaborative EMN29/XPORT-MM-031 study, a randomized, global Phase 3 study evaluating an all-oral regimen of selinexor, Karyopharm's first-in-class, oral exportin 1 inhibitor, in combination with Pomalyst and low-dose dexamethasone versus Empliciti, pomalidomide, and dexamethasone in patients with relapsed or refractory multiple myeloma.

07:03 EDT Sempra Energy subsidiary enters HOA with RWE Supply & Trading - Sempra Infrastructure, a subsidiary of Sempra, announced it has entered into a heads of agreement, or HOA, with RWE Supply & Trading, a subsidiary of RWE, for the purchase of approximately 2.25M tons per annum of liquefied natural gas, or LNG. The LNG is to be supplied on a long-term, free-on-board basis from the Port Arthur LNG Phase 1 project under development in Jefferson County, Texas. The HOA contemplates the negotiation and finalization of a definitive 15-year LNG sale and purchase agreement for 2.25 Mtpa to be delivered from the Port Arthur LNG project. Additionally, Sempra Infrastructure and RWE have agreed to work toward a broad framework for the reduction, mitigation, and reporting of GHG emissions associated with deliveries of LNG from the Port Arthur LNG project, including addressing the use of responsibly sourced natural gas as part of the project's feed gas supply and renewable energy as part of the project power mix. Phase 1 of the Port Arthur LNG project is fully permitted and is expected to include two liquefaction trains and LNG storage tanks, as well as associated facilities capable of producing, under optimal conditions, up to approximately 13.5 Mtpa of LNG.

07:01 EDT Valens continues to expand Canadian recreational market share in April - Tyler Robson, CEO of The Valens Company, said, "We continue to expand our recreational market share as we develop strength within our brand portfolio through products that continue to resonate with consumers. Furthermore, Valens was the fastest growing company among the top ten licensed producers by market share, seeing retail sales growth of 53.8% from November 2021 to April 2022 based on Hifyre data in Ontario, Alberta, British Columbia, and Saskatchewan. Importantly, we were able to grow our market share across all product categories and overall market share increased by 90 basis points from 2.5% in November 2021 to 3.4% in April 2022. We continue to grow faster than the average of our top ten competitors who collectively saw their market share decline over the same period. In short, we are on track to hit our 2022 objectives to become a top five player in vapes, edibles and beverages and a top ten player in flower products by year end."

06:48 EDT EU commercial vehicle registrations down 27.1% in April - In April, registrations of new commercial vehicle in the European Union fell by 27.1%, with 125,034 units sold, as all vehicle segments saw declines, reported the European Automobile Manufacturers Association. The four key EU markets suffered significant losses, contributing to the region's sharp fall, the group said. Publicly traded truck makers and suppliers include Daimler AG (DDAIF), Paccar (PCAR), CNH Industrial (CNHI), Navistar (NAV), Cummins (CMI) and Allison Transmission (ALSN).

06:36 EDT Motus GI Holdings reports topline data from EU study of Pure-Vu System - Motus GI Holdings announced last night "positive" topline data from an investigator initiated EU study that show the Pure-Vu system provides adequate cleaning in patients with a history of poor bowel preparation. These data were presented in a poster during Digestive Disease Week 2022. "We are pleased to report that topline data from the EU study show our Pure-Vu Gen2 system was able to improve the adequate cleansing rate from 31.8% to 97.7% in patients with a history of poor bowel preparation. By allowing physicians to achieve adequate cleaning, and therefore proper visualization in these difficult to prep patients, they can avoid cancelled or incomplete procedures that may need to be rescheduled, which places stress on the patient and the healthcare system," said Tim Moran, CEO of Motus. "Based on these data, we see a path forward for physicians to adopt a broad plan when scheduling colonoscopies for hard-to-prepare patients that includes having the Pure-Vu system at-the-ready. In addition, we believe that the enhancements provided by our recently launched Pure-Vu EVS system further incentivize physicians to adopt this technology to save time and costs."

06:21 EDT Zhihu announces $100M share repurchase program proposal - The board of directors announced that it proposes to conduct a share repurchase program of up to $100M available for the coming 12 months, subject to the shareholders' approval for granting a general mandate to the board of directors to repurchase shares and/or ADSs of the company not exceeding 10% of the total number of issued shares of the company as of the date of passing of this resolution at the annual general meeting to be held on June 10 as set forth in the notice of annual general meeting dated May 19. The company's proposed repurchases, if approved, may be made from time to time in the open market at prevailing market prices and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The company plans to fund any such repurchases from its existing cash balance.

06:08 EDT Quanergy seleted by Audio Technology for military site security in Egypt - Quanergy has been selected by Audio Technology to provide perimeter intrusion detection to reduce false alarms, provide real-time tracking and classification, under any lighting conditions. Quanergy provides perimeter security to a critical military site in Egypt. The infrastructure facility is using Quanergy's M-Series sensors and its QORTEX DTC perception software, which allow accurate tracking of people in complex environments.

06:06 EDT Tritium partners with TNS for integrated point-of-charge payment solutions - Tritium has partnered with Transaction Network Services - TNS -, a payment infrastructure-as-a-service provider, to bolster the point-of-charge payment options that Tritium provides to customers. Through this partnership, Tritium will receive access to payment hardware manufactured by Ingenico, a provider of payment solutions, as part of the TNS UnattendedPayments solution. TNS UnattendedPayments, which is part of the TNS acceptance product portfolio, is an end-to-end payments solution that enables self-service cashless payment acceptance. The solution consists of a combination of payment terminals, an administration portal enabling reporting and administration management, and processing via the TNS Gateway - the company's payment processing engine. The TNS-provided payment solutions are expected to be available to Tritium customers in 40 countries, expanding to 80 total countries for which Tritium can supply charger-integrated payment options. Tritium expects to offer the Ingenico Self 2000, 4000 and 5000 payment terminals to customers in calendar year 2022.

05:26 EDT Palantir announces enterprise partnership with Stellantis - Palantir (PLTR) announced a partnership with Stellantis (STLA). Stellantis will deploy Palantir's Foundry operating system across the company's brands, business functions and plant locations to accelerate its digital transformation into a sustainable mobility tech company, improve supply chain performance, enhance vehicle quality, speed deliveries and scale marketing and sales efforts. This agreement will expand Palantir's previous relationships with Stellantis' founding companies to a global, enterprise-wide license across the company's vast ecosystem and 14 iconic automotive brands, with Palantir Foundry powering decisions across markets and functions at what became in 2021 a world leader for a new era of sustainable mobility. Palantir Foundry is designed to transform the way organizations operate by creating a central operating system for their data, integrating siloed data sources into a common operating picture. Beyond scaling best practices across the merged group, Stellantis will leverage Foundry to build a unified digital twin of its operations and accelerate company-wide synergies.

05:19 EDT Freyr Battery signs heads of terms for renewable power with Statkraft - Freyr Battery has signed a binding heads of terms with Statkraft, Europe's largest producer of renewable energy. The heads of terms is expected to be finalized as a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power under globally competitive terms for Freyr's planned battery cell production project in Mo i Rana, Norway. The heads of terms and related energy services from Statkraft is projected to cover all of Freyr's currently anticipated electricity needs for the period of 2024-2031 and to ensure physical delivery of energy from the central grid in Mo i Rana to Freyr's Customer Qualification Plant, or CQP, and combined Gigafactory 1 & 2. During this period, Statkraft commits to providing up to 23 MW baseload with an accumulated delivery of 1.4 TWh over the contract period to Freyr, as well as the provision of Guarantees of Origin to document that the power is sourced from Statkraft's hydropower assets in the region. Under the Heads of Terms, the renewable energy for Freyr's production site will be sourced from Statkraft's hydropower plant "Rana." Rana is 100% Statkraft-owned with a capacity of 500 MW and annual generation of approximately 2,150 GWh. The proximity of Statkraft's hydropower plant to Freyr's planned production facilities in Mo i Rana is consistent with Freyr's ambition to establish its operations in areas with an ample, local supply of clean energy.

05:09 EDT Clearway Energy announces GIP forms renewables partnership with TotalEnergies - Clearway Energy (CWEN) and its renewable development partner and parent company, Clearway Energy Group LLC announced that Global Infrastructure Partners, or GIP, has formed a strategic partnership with TotalEnergies (TTE) in the U.S. renewable energy sector. Through this partnership, TotalEnergies will acquire half of GIP's interest in Clearway Group, a privately held renewable development company that serves as the company's sponsor with its 42% economic interest in the company. In consideration, GIP will receive $1.6B cash consideration and an approximately 50% interest in the TotalEnergies subsidiary that holds its 51% ownership in SunPower (SPWR). The agreement represents TotalEnergies' largest investment in U.S. renewables to date. Since early 2021, TotalEnergies has secured a development pipeline of 8 GW onshore renewables and 4 GW offshore wind in the U.S. TotalEnergies will enhance growth prospects for the Clearway enterprise by providing a right of first offer on its U.S. onshore renewable assets to the Company and access to TotalEnergies' power marketing capabilities and corporate relationships to optimize the commercial value of Clearway's development and operating projects.