Stockwinners Market Radar for June 07, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

WDC

Hot Stocks

20:43 EDT Western Digital announces review of strategic alternatives - Western Digital "announced that it is reviewing potential strategic alternatives aimed at further optimizing long-term value for its shareholders. The Executive Committee of the Western Digital Board, chaired by Western Digital CEO, David Goeckeler, will oversee the assessment process and fully evaluate a comprehensive range of alternatives, including options for separating its market-leading Flash and HDD franchises. Following constructive dialogue with many of Western Digital's shareholders, including one of the company's largest investors, Elliott Investment Management L.P. this review builds on Western Digital's ongoing efforts to drive innovation-led growth and create shareholder value. In conjunction with the strategic review process, Western Digital and Elliott have signed a customary non-disclosure agreement and a letter agreement."
TSLA

Hot Stocks

20:15 EDT Cathie Wood's ARK Investment bought 3K shares of Tesla today
PATH

Hot Stocks

20:14 EDT Cathie Wood's ARK Investment bought 96K shares of UiPath today
ROKU

Hot Stocks

20:13 EDT Cathie Wood's ARK Investment bought 59K shares of Roku today
RBLX

Hot Stocks

20:12 EDT Cathie Wood's ARK Investment bought 422.6K shares of Roblox today
NRXP

Hot Stocks

20:04 EDT NRx Pharmaceuticals names Seth Van Voorhees as CFO - NRx Pharmaceuticals "announced that the company's board appointed Seth Van Voorhees, Ph.D. as CFO and Treasurer effective June 13, 2022. Dr. Van Voorhees most recently served as CFO of PDS Biotechnology during which he completed several financing transactions in 2021."
KPLT

Hot Stocks

20:01 EDT Katapult CEO buys $200K in common stock - In a regulatory filing, Katapult disclosed that its CEO Orlando Zayas bought 128.5K shares of common stock on June 3rd in a total transaction size of $200K.
BALL

Hot Stocks

19:59 EDT Ball Corp. recommends rejection of below-market mini-tender by TRC Capital - Ball Corp "received notice today of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 2.0M Ball common shares, representing approximately .63% of the company's outstanding shares. TRC's offer price of $70.50 per share in cash is approximately 2.9% lower than the $72.51 closing price of Ball common shares on June 2, 2022, the last closing price prior to commencement of the offer. Ball Corporation does not recommend or endorse TRC's unsolicited below-market mini-tender offer and recommends that shareholders not tender their shares because the offer is at a price significantly below the current market price of Ball common shares."
ARES

Hot Stocks

19:58 EDT Ares Management launches wealth management solutions in Asia - Ares Management "announced that Henry Lee has joined Ares Wealth Management Solutions to lead its Asia efforts as part of the Firm's commitment to build out dedicated wealth management teams that cater to the growing retail opportunity in this region. With more than 17 years of experience in private banking and investment management with a focus on alternative investing, Mr. Lee joins Ares after a 16-year career at HSBC, where he was the Global Head of Discretionary Portfolio Management and Head of Alternative Investments for HSBC's Global Private Bank. Prior to his most recent role, Mr. Lee held numerous other positions in HSBC's Hong Kong and London offices during his tenure."
NOG

Hot Stocks

18:50 EDT Northern Oil and Gas raises 2022 annual production view to 73,00-77,000 Boe/pd - Prior view was 71,000-76,000 Boe per day. NOG anticipates, pro forma for the transactions and at current strip pricing, increasing its Free Cash Flow target for 2022 from greater than$425M to greater than$500M. NOG anticipates a Q4:22 exit rate above the high-end of the revised 2022 annual production guidance range.
$BTC BTC

Hot Stocks

18:49 EDT Bitcoin falls back below $31,000
NOG

Hot Stocks

18:48 EDT Northern Oil and Gas raises 2022 CapEx view to $405M-$470M from $350M-$415M
COP...

Hot Stocks

18:47 EDT Northern Oil and Gas to acquire interests in Williston Basin for $170M in cash - Northern Oil and Gas (NOG) has entered into a definitive agreement to acquire non-operated interests in the Williston Basin for an initial purchase price of $170M in cash, subject to typical closing adjustments. The Seller may earn an additional $5M in contingent payments in 2023 if WTI oil prices exceed $92.50 on December 30, 2022. NOG expects to fund the acquisition with cash on hand, operating free cash flow and borrowings under NOG's revolving credit facility. At closing, production on the assets is expected to be greater than 2,300 Boe per day (2-stream, ~85% oil) and NOG expects average production of approximately 2,500 Boe per day over the next twelve months post-closing (2-stream, ~83% oil). NOG expects approximately $15M of capital expenditures to be incurred post-closing in 2022. These high-quality properties have operating costs lower than NOG's corporate average on its Williston Basin properties. The acquired assets are primarily located in Dunn, McKenzie and Williams Counties, ND and include approximately 3,500 acres, 9.2 net producing wells, 2.6 net wells-in-process and 14.9 net engineered economic undeveloped locations. NOG expects 0.8 net wells to be turned-in-line in 2022 post-closing. The assets are operated primarily by Marathon Oil (MRO), Continental Resources (CLR) and ConocoPhillips (COP), and NOG owns existing interests in approximately 50% of the acquired property value. The effective date for the transaction is April 1, and NOG expects to close the transaction in August 2022. The obligations of the parties to complete the transactions contemplated by the purchase agreement are subject to the satisfaction or waiver of customary closing conditions.
VINC

Hot Stocks

18:42 EDT Vincerx Pharma Chief Medical Officer to depart - In a regulatory filing, Vincerx Pharma stated that in connection with its Strategic Plan calling for 33% staff cuts disclosed yesterday, Hermes Garban, M.D., Ph.D., will depart from his role as the company's Chief Medical Officer on or before August 6, 2022.
ELF TGT

Hot Stocks

18:33 EDT e.l.f. Beauty CEO: We continue to take market share - In an interview on CNBC's Mad Money, Tarang Amin said e.l.f. Beauty (ELF) speaks to consumers in a way that is relevant. Although the company had to take pricing in two thirds of its items due to inflation, he noted that it's conscious of keeping low priced items untouched. Target (TGT) has been a "phenomenal partner," he added. e.l.f. is a "digitally native brand" and continues to be strong online, he said.
LYFT

Hot Stocks

18:23 EDT Lyft President, co-founder: We are seeing good signs of momentum - In an interview on CNBC's Mad Money, John Zimmer said the number of rides a driver takes is up over 20% since 2019. The commute is about 30% of total rides, in-line with pre-pandemic, he added. Many of the company's recent investments can be controlled based on the market dynamics, he noted. Zimmer is "confident" in the outlook ahead, and is seeing "positive signs" in the marketplace.
KDNY

Hot Stocks

18:16 EDT Point72 Asset Management reports 5.1% passive stake in Chinook Therapeutics - Point72 Asset Management disclosed a 5.1% stake in Chinook Therapeutics, which represents over 3.11M shares. The filing does not allow for activism.
SUPN

Hot Stocks

17:59 EDT Supernus' Huperzine granted FDA orphan designation - Supernus' Huperzine was granted FDA orphan designation as a treatment of SCN8A Developmental and Epileptic Encephalopathy, according to a post to the agency's website. Reference Link
DINO

Hot Stocks

17:59 EDT HF Sinclair officer Creery sells over $1M in company shares - HF Sinclair officer Thomas Creery disclosed in a filing that he had sold 20,000 shares of company stock at an average price of $52.83 per share between June 3 and June 6 for a total transaction amount of $1,056,600.
NVAX

Hot Stocks

17:55 EDT Novavax jumps 22% to $57.85 after FDA granted EUA for COVID-19 vaccine
MDRX

Hot Stocks

17:49 EDT Allscripts director sells $2.43M in company shares - Allscripts director Paul Black disclosed in a filing that he had sold 140.5K shares of company stock at $17.33 per share on June 6, for a total transaction amount of $2.43M.
NVAX

Hot Stocks

17:30 EDT Novavax trading resumes
PNTG

Hot Stocks

17:23 EDT Pennant Group's Brent Guerisoli to succeed Daniel Walker as CEO - The Pennant Group "announced that its board has appointed Brent Guerisoli, current President of Pennant, to succeed Daniel Walker as CEO of Pennant, effective August 1, 2022. Mr. Walker will continue to serve as chairman of Pennant's Board of Directors."
NVAX

Hot Stocks

17:10 EDT Novavax says FDA panel recommends EUA for COVID-19 vaccine - Novavax announced the U.S. Food and Drug Administration Vaccines and Related Biological Products Advisory Committee voted 21 to 0, with one abstention, to recommend that the FDA grant Emergency Use Authorization for the Novavax COVID-19 vaccine for individuals aged 18 years and over. "The advisory committee's positive recommendation acknowledges the strength of our data and the importance of a protein-based COVID-19 vaccine developed using an innovative approach to traditional vaccine technology," said Stanley C. Erck, President and Chief Executive Officer, Novavax. "In today's VRBPAC meeting, we heard the overwhelming support for our vaccine from physicians, healthcare organizations, and consumers who are eagerly anticipating a protein-based vaccine option. Consistent with submissions to regulatory authorities worldwide, we have already submitted an amendment with updated manufacturing information for the EUA to the FDA for review. We look forward to collaborating with the FDA as it makes its final decision." The VRBPAC considered data from the pivotal Phase 3 clinical trial, PREVENT-19, which enrolled approximately 30,000 participants aged 18 years and older in the U.S. and Mexico and was published in the New England Journal of Medicine. In the trial, the Novavax COVID-19 vaccine demonstrated 90.4% efficacy with a reassuring safety profile. Serious and severe adverse events were low in number and balanced between vaccine and placebo groups. The most common adverse reactions observed during the trial were headache, nausea or vomiting, myalgia, arthralgia, injection site tenderness/pain, fatigue, and malaise. The data showed that overall the rate of myocarditis was balanced between the vaccine and placebo arms and in the post-crossover portions of Novavax trials the observed cases were all within the expected rate.
CASY

Hot Stocks

17:04 EDT Casey's General Stores sees FY23 same-store inside sales up 4%-6% - Casey's expects the following performance during fiscal 2023. The company expects same-store inside sales to increase 4% to 6% and maintain an inside margin of approximately 40%. The company expects same-store fuel gallons to be flat to 2% higher. Total operating expenses are expected to increase approximately 9% to 10%. The company expects to add approximately 80 stores in fiscal 2023, and expects to exceed its stated three year commitment of 345 units. Interest expense is expected to be approximately $55 million. Depreciation and amortization is expected to be approximately $320 million and the purchase of property plant and equipment is expected to be approximately $450 to $500 million, including approximately $135 million in one-time store remodel costs for recently acquired stores. The tax rate is expected to be approximately 24% to 26% for the year.
CASY

Hot Stocks

17:03 EDT Casey's General Stores raises quarterly dividend 9% to 38c per share - The dividend is payable August 15 to shareholders of record on August 1.
IVC

Hot Stocks

17:01 EDT Steven Rosen of Azurite Management raises Invacare stake to 10.7% from 9.2% - In a regulatory filing, Azurite Management disclosed a 10.7% stake in Invacare, which represents over 3.79M shares and up from 3.22M prior. The filing does not allow for activism. Shares of Invacare are up 5% afterhours at $1.47.
DBVT

Hot Stocks

17:00 EDT DBV Technologies trading resumes
DOCU

Hot Stocks

16:57 EDT DocuSign jumps 4% to $91.27 after announcing expanded partnership with Microsoft
SVFC SFTBY

Hot Stocks

16:53 EDT Symbotic completes combination with SPAC SVF Investment - Symbotic announced the completion of its business combination with SVF Investment (SVFC), a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers, to become a publicly traded company. The combined company will operate as "Symbotic Inc.," and its Class A common stock expects to trade on The Nasdaq Stock Market under the ticker symbol "SYM" on June 8. The business combination was approved at a special meeting of SVFC shareholders held on June 3, As a result of the transaction, the combined company received additional growth capital to supplement its existing $363M of combined cash on the balance sheet as of March 26, and proceeds from a May 20, warrant exercise. This will enable Symbotic to accelerate its growth, expand into new verticals, and progress toward its financial targets. With an existing industry-leading $11-plus billion in contracted orders, Symbotic has proven to customers the power of its technology and ability to scale quickly. "Our vision at Symbotic has always been to reinvent the supply chain with artificial intelligence and robotics - transforming the distribution network into a strategic asset," said Rick Cohen, Chairman of the Board of Directors and President of Symbotic. "As a leading robotics innovator, I look forward to scaling Symbotic to meet the incredible demands and opportunities of the global supply chain. We are proud to be affiliated with the SoftBank (SFTBY) team and are eager to begin this next chapter together." "We believe Symbotic is at the forefront of a more than $350B market opportunity to reinvent warehouse automation and reshape the global supply chain," said Vikas J. Parekh, Managing Partner for SoftBank Investment Advisers and a member of Symbotic's Board of Directors. "With its revolutionary A.I.-enabled technology platform and deep relationships with some the world's largest companies, Symbotic is already making the right strategic investment decisions and we believe it is well positioned to achieve long-term success." Michael J. Loparco, Symbotic CEO, will continue to lead the combined company through its next phase of growth, innovation, and expansion, alongside Rick Cohen, Chairman of the Board of Directors and President of Symbotic.
CSII

Hot Stocks

16:51 EDT Cardiovascular Systems announces departure of COO Rhonda Robb - The employment of Rhonda Robb, the COO of Cardiovascular Systems, ended on June 6.
REGN SNY

Hot Stocks

16:46 EDT Regeneron, Sanofi: FDA approves Dupixent for children aged 6 months to 5 years - Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced that the U.S. FDA has approved Dupixent for children aged 6 months to 5 years with moderate-to-severe atopic dermatitis whose disease is not adequately controlled with topical prescription therapies or when those therapies are not advisable. Regulatory filings for this age group are underway by the European Medicines Agency and regulatory authorities in additional countries.
SNMP

Hot Stocks

16:39 EDT Evolve Transition announces court approval of Mesquite settlement agreement - Evolve Transition Infrastructure LP announced the approval by the United States Bankruptcy Court for the Southern District of Texas of the previously announced Settlement Agreement between Evolve and Mesquite Energy, Inc. and certain of their respective affiliates resolving outstanding claims between the parties. As part of the Settlement Agreement, Mesquite will pay $10 million to Evolve and each of the parties to the Settlement Agreement will execute and deliver to each other party to the Settlement Agreement customary releases providing for, among other things, the release of all claims, causes of action and demands accruing prior to the date of the Settlement Agreement. The parties have agreed to exchange the payment and customary releases within 5 days of the Bankruptcy Court's order approving the Settlement Agreement becoming non-appealable or such earlier date as may be agreed by the parties. Concurrent with the execution of the Settlement Agreement, Evolve and Mesquite entered into the previously announced Amended and Restated Firm Gathering and Processing Agreement pursuant to which Evolve received an additional dedication of Mesquite's Eastern Catarina acreage position in Dimmit, La Salle, and Webb counties in Texas and the payment of amounts equaling approximately $5M from Mesquite. Further, the Restated Gathering Agreement extends the term of Evolve's previous firm gathering and processing agreement with Mesquite and provides a separate rate for new production in Mesquite's Catarina acreage which solidifies Evolve's commercial position regarding its current gathering and processing operations with Mesquite. Evolve expects to use the proceeds from the payments received and to be received in connection with the Settlement Agreement and Restated Gathering Agreement for both debt repayment and general partnership expenses. As a result, Evolve anticipates less than $30M of total debt outstanding as of September 30, 2022, which represents a significant reduction from $180M as of December 31, 2018.
GT

Hot Stocks

16:38 EDT Goodyear recalls over 170,000 tires sold for use on trucks, RVs - Goodyear is recalling more than 170,000 tires that were produced between 1996 and 2003 and sold for use on trucks and recreational vehicles. The National Highway Traffic Safety Administration found that these tires experienced a high rate of failure on RVs when compared to similar tires. Tire failure at highway speeds can lead to serious injury or death. The recall specifically applies to G159 tires size 275/70R22.5, commonly found on RVs. While these tires are no longer being produced, some RV owners may have the tires on their vehicle, or set aside as a spare, and do not know. NHTSA urges anyone who owns, rents, or uses an RV or truck with 22.5-inch rims to ensure these tires are not in use on their vehicle. Despite being discontinued, it is possible that these tires can be found for purchase on online marketplaces. It is illegal under federal law to sell recalled tires or other motor vehicle equipment. Reference Link
DBVT

Hot Stocks

16:33 EDT DBV Technologies reports Phase 3 Viaskin Peanut trial met primary endpoint - DBV Technologies announced that its pivotal Phase 3 trial EPITOPE, assessing the safety and efficacy of Viaskin Peanut 250 microgram for the treatment of peanut-allergic toddlers ages 1 to 3 years, met its primary endpoint. Viaskin Peanut demonstrated a statistically significant treatment effect, with 67.0% of subjects in the Viaskin Peanut arm meeting the treatment responder criteria after 12 months, as compared to 33.5% of subjects in the placebo arm. In an additional pre-specified efficacy analysis, treatment response was defined as achieving an ED greater than or equal to1,000 mg of peanut protein regardless of baseline ED. Using this response criterion, Viaskin Peanut demonstrated a statistically significant treatment effect (pless than0.001), with 64.2% of subjects in the Viaskin Peanut arm meeting this treatment responder criterion after 12 months as compared to 29.6% of subjects in the placebo arm. The response rate observed in the placebo arm appears consistent with the approximately 22% natural resolution rate in this patient population. The EPITOPE safety results were generally consistent with the safety profile of Viaskin Peanut 250 undefined observed in children with peanut allergy ages 4 years and older in prior clinical trials. No imbalance in the overall adverse event rate was observed in the trial between the active and placebo arms. DBV intends to further analyze the data from EPITOPE and explore regulatory pathways for Viaskin Peanut in children ages 1 to 3 years, given the high unmet need and absence of approved treatments for this vulnerable population. Separately, DBV continues productive dialogue with the U.S. Food and Drug Administration on the protocol design of VITESSE, a pivotal Phase 3 trial of the modified Viaskin Peanut patch in peanut-allergic children ages 4 years and older. Following the completion of EPITOPE, all eligible subjects had the option to rollover into EPOPEX, a long-term, open-label extension study of Viaskin Peanut. There are currently 304 subjects, or 88% of all eligible subjects, enrolled in EPOPEX. DBV plans to present full EPITOPE trial results at future medical congresses as well as submit them for publication in a peer-reviewed journal. "We are thrilled by the topline results of EPITOPE, our second Phase 3 clinical trial to evaluate the safety and efficacy of Viaskin Peanut. We are grateful to the toddlers and their parents, caregivers and allergists who are contributing to a brighter future by having participated in this first-of-its kind trial," said Dr. Pharis Mohideen, Chief Medical Officer of DBV Technologies.
AWK

Hot Stocks

16:32 EDT Illinois American Water acquires Village of Hardin water, wastewater systems - Illinois American Water, a subsidiary of American Water, announced that it has completed the acquisition of the Village of Hardin water and wastewater systems. The newly acquired system adds approximately 435 water and 405 wastewater customers to the company's southern Illinois service area. The Village of Hardin is located near Illinois American Water's Jerseyville operations. "Our team is excited and ready to serve the Village of Hardin as we expand our footprint across our Southern Illinois service area," said Justin Ladner, President of Illinois American Water. "Since 2020 we have had the privilege to add over 26,000 new customer connections and partner with over 10 communities across Illinois through acquisitions. We are excited to include Village of Hardin to our customer base." The Village of Hardin voted in favor of the sale in May 2021. The Illinois Commerce Commission recently approved the sale for $3.3M.
SF

Hot Stocks

16:31 EDT Stifel Financial to acquire ACXIT Capital Partners , terms not stated - Stifel Financial "announced it has signed a definitive agreement to acquire ACXIT Capital Partners, a leading independent corporate finance and financial advisory firm serving European middle-market clients and entrepreneurs. Terms of the transaction were not disclosed. ACXIT Capital Partners, with a team of about 50 professionals, operates primarily out of offices in Frankfurt, Zurich, and Munich."
EZGO

Hot Stocks

16:30 EDT EZGO Technologies receives Nasdaq notification over minimum bid price - EZGO Technologies Ltd. announced that the Company had received a notification letter dated June 3, 2022 from the Listing Qualifications Department of The Nasdaq Stock Market LLC, notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares, par value $0.001 per share was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's Ordinary Shares, which will continue to trade uninterrupted on Nasdaq under the ticker "EZGO".
DBVT

Hot Stocks

16:26 EDT DBV Technologies trading halted, news pending
SMAR

Hot Stocks

16:25 EDT Smartsheet falls 6.6% to $37.97 after Q1 results and guidance
CYRN

Hot Stocks

16:21 EDT Cyren to sell Email Gateway business to Content Services Group for EUR 10M - Cyren announced that it has entered into a definitive agreement to divest its legacy Secure Email Gateway business to Content Services Group GmbH for EUR 10,000,000 in cash. The purchase price is subject to certain adjustments and the transaction is expected to close prior to August 31 with customary closing conditions. The divestment will enable Cyren to focus on its best strategic growth opportunities to deliver optimal value to its customers and shareholders. "This transaction is fully aligned with our strategy to focus our efforts and resources on products and market opportunities that we believe offer the best growth opportunities for Cyren," said Brett Jackson, Cyren's Chief Executive Officer. "The proceeds from this transaction will strengthen our balance sheet, allow us to fund additional growth-related investments and streamline our product line and overall business. We believe that Content Services Group is a good strategic fit for this business, will be a good home for our team members associated with the business, and is committed to continuing to support the products and customers. Cyren will use the proceeds to expand go-to-market activities relating to its anti-phishing solution, Cyren Inbox Security, and its core Threat Intelligence Services. New bookings associated with these products have been growing in recent quarters and Cyren believes it is time to accelerate investments in these two market opportunities.
PZN

Hot Stocks

16:20 EDT Pzena Investment reports AUM as of May 31 $50.7B - Pzena Investment Management reported its preliminary assets under management as of May 31 .
PZN

Hot Stocks

16:20 EDT Pzena Investment reports AUM as of May 31 $50.7B - Pzena Investment Management reported its preliminary assets under management as of May 31 .
CNM

Hot Stocks

16:19 EDT Core & Main signs agreement to acquire Earthsavers Erosion Control - Core & Main has entered into a definitive agreement to acquire substantially all of the assets of Earthsavers Erosion Control, LLC, a full-service provider of geosynthetics products. "Earthsavers Erosion Control has a strong presence in their market and a loyal customer base that asks for their products by name. This strategic acquisition will provide additional capacity and will allow us to enhance Core & Main's erosion control expertise to further serve our customers throughout the western region of the U.S.," said Steve LeClair, chief executive officer of Core & Main.
LMNR

Hot Stocks

16:18 EDT Limoneira reaffirms guidance of fresh lemon volumes 4.5M-5M cartons for FY22 - "The Company has an additional 1,000 acres of non-bearing lemons estimated to become full bearing over the next four years, which will enable the Company to achieve strong organic growth for many years to come. The Company expects 200 of the 1,000 acres to become full bearing in fiscal year 2022. The Company anticipates this additional acreage will increase its domestic supply of Limoneira-owned lemons from its 2021 level by approximately 50%, or by about 900 thousand to 1.3 million additional fresh cartons, as the non-bearing and planned acreage becomes productive. The Company also expects to have a steady increase in third-party grower fruit. The foregoing describes organic growth and does not include potential acquisition opportunities for the Company in its highly fragmented industry," the company said.
LMNR

Hot Stocks

16:15 EDT Limoneira expects 'stronger position' in retail food, club grocery in FY22 - The company said, "The COVID-19 pandemic continues to affect the Company's food service business and industry logistics on a global basis. The Company expects it will experience improving results in fiscal year 2022 compared to fiscal year 2021 due to its stronger position in retail food and club grocery and growing brokered fruit revenues. The resurgence of COVID-19 during the first half of this year pressured lemon prices. As food service and export markets recover, the Company expects lemon prices to increase in the second half of fiscal year 2022 compared to the prior year period. The Company continues to expect fresh lemon volumes to be in the range of 4.5 million to 5.0 million cartons for fiscal year 2022. The Company expects avocado volumes to be in the range of 6.0 million to 7.0 million pounds for fiscal year 2022 and strong profitability for the third quarter of fiscal year 2022."
INSW

Hot Stocks

16:14 EDT International Seaways board increases quarterly dividend 6c to 12c per share - The company announced that its Board of Directors has declared a cash dividend of 12c per share for the second quarter of 2022. The declaration represents an increase of 6c per share from the Company's historical quarterly dividend of 6c per share since the start of 2020. The dividend will be paid on June 29, 2022, to shareholders of record at close of business on June 17, 2022.
SST

Hot Stocks

16:14 EDT System1 set to join Russell 2000, Russell 3000 Indexes - System1, Inc. is set to join the broad-market Russell 2000 and Russell 3000 Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022, according to a preliminary list of additions posted June 3, 2022. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 6, 2022, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000 Index, which remains in place for one year, means automatic inclusion in either the large-cap Russell 1000 Index or small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Michael Blend, System1's Chief Executive Officer and Co-Founder, stated, "We are very pleased to be included in the Russell indexes, marking another significant milestone for System1 in what has been a truly noteworthy and transformative year."
INSW EURN

Hot Stocks

16:13 EDT International Seaways sells 50% stake in FSO vessels to Euronav - International Seaways (INSW) announced that it has completed a transaction in which the Company has sold its 50% stake in two floating storage and offshore, FSO, vessels to its joint venture partner Euronav NV (EURN). The purchase price values the two FSO vessels at $300 million in total. Net of adjustments for working capital and expenses, International Seaways received approximately $140M in cash from the sale. The transaction has been approved by North Oil Company, NOC, the operator of the Al Shaheen field, whose shareholders are Qatar Energy and Total E&P Golfe Limited. "Our participation in the FSO joint venture with Euronav has provided stable cash flows for more than 11 years for International Seaways and its predecessor," commented Lois Zabrocky, President and CEO of International Seaways, Inc. "For the past several months, we've evaluated options to unlock the value of the joint venture in cash in order to further strengthen our balance sheet and support our long-term value creation strategy, which, over the last five years, has included a transformational merger and vessel purchases at cyclical lows, maintaining a strong balance sheet and returning nearly $100 million in capital to shareholders since the start of 2020."
OTRK

Hot Stocks

16:13 EDT Ontrak Health, Eleos announces AI integration partnership - Ontrak Health announced a partnership to integrate their artificial intelligence platforms to support member care and reduce administrative tasks. Ontrak's proprietary AI-supported Advanced Engagement System identifies, engages, and provides treatment for the most vulnerable members of the behavioral health population to achieve improved and sustained clinical outcomes. Eleos' voice-to-insights AI technology will be integrated into the work of Ontrak's evidence-based care model and its growing nationwide care teams, including mental health providers. "We are pleased to be working with Ontrak Health, a long-time leader in behavioral health, to support its efforts to provide personalized effective care to its members," said Alon Joffe, CEO and Co-Founder, Eleos Health. "Our aim is to enable patient-facing teams to focus on treatment by reducing documentation time and provide actionable insights to continually improve care."
CPLP

Hot Stocks

16:12 EDT Capital Product Partners announces transactions for carriers, container vessels - Capital Product Partners announced the acquisition of one 174,000 cubic meter latest generation X-DF LNG carrier and three 13,278 TEU hybrid scrubber-fitted, latest generation eco container vessels, all with long term charters attached, for total consideration of $597.5M; and The sale of two 8,266 TEU container vessels, namely the M/V Archimidis and the M/V Agamemnon, for total consideration of $130M. Acquisition of One 174,000 cbm LNG/C & Three 13,278 TEU Container Vessels The Partnership today announced that it has agreed to exercise its right of first offer and acquire one 174,000 cbm latest generation X-DF LNG/C and three 13,278 TEU hybrid scrubber-fitted Tier III and Phase III, dual fuel ready eco container sister vessels from Capital Maritime & Trading, for total consideration of $597.5M. The LNG/C, to be named "Asterix I", is currently under construction by Hyundai Heavy Industries , South Korea, and is expected to be delivered to the Partnership in January 2023 upon its delivery from the shipyard. The LNG/C Asterix I comes with a long-term time charter with Hartree Partners Power & Gas Company Limited for a firm period of 5 years, which, together with the optional period, expires in 2031. The total consideration for the four vessels amounts to $597.5M and is expected to be financed with approximately $122M of cash, $468M of debt and $7.5M in CPLP common units. These acquisitions are expected to generate approximately $73.4 million of annual gross revenue over the firm period of the charters. The vessels will be paid for upon the delivery of each ship. The issuance of common units to the Seller will occur upon the delivery of the first vessel, the M/V Manzanillo Express.
CND

Hot Stocks

16:11 EDT Concord Acquisition to extend period to consummate initial business combination - Concord Acquisition Corp announced that Circle Internet Financial Limited, a private company limited by shares incorporated in Ireland has deposited $2,760,000 into the company's trust account for its public stockholders, representing 10c per public unit sold in the company's initial public offering, which enables the company to extend the period of time it has to consummate its initial business combination by six months from June 10 to December 10, as permitted under the company's amended and restated certificate of incorporation.
PAYC

Hot Stocks

16:10 EDT Paycom extends stock repurchase plan - Paycom Software announced that its Board of Directors has increased and extended its ongoing stock repurchase plan, such that $550.0 million is available for repurchases between June 7, 2022, and June 7, 2024. Prior to the increase, approximately $166.8 million was available for repurchases. "Today's increase in our repurchase program provides us with the flexibility to opportunistically return value to stockholders, particularly when there are dislocations in the market," said Paycom's founder and CEO, Chad Richison. "Our confidence in Paycom's growth opportunity remains high, and we have a strong balance sheet and generate significant cash flow. We missed an opportunity to be aggressive buyers of our stock at the beginning of the pandemic, and our new program positions us to responsibly take advantage of market volatility."
EIGR

Hot Stocks

16:09 EDT Eiger BioPharmaceuticals enters $5M stock purchase agreement with Innovatus - Eiger BioPharmaceuticals announced that it has entered into a term loan agreement with an affiliate of Innovatus Capital Partners for up to $75M and a stock purchase agreement for Innovatus to purchase $5M of the company's stock. This loan facility and stock sale provide for the refinancing of the company's existing debt and will support the continued development and commercialization of Eiger's late-stage pipeline.
RNGR

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16:08 EDT Ranger Energy names Melissa Cougle CFO - Ranger Energy Services announced today the appointment of Melissa Cougle to the position of Chief Financial Officer, effective June 15, 2022. Cougle succeeds Brandon Blossman, who will be stepping down as Ranger's CFO to pursue other opportunities, effective June 10, 2022. "This is an exciting time for the Company on the heels of our recent acquisitions, which have positioned the Company for meaningful growth and cash flow generation in the quarters and years ahead," commented Stuart Bodden, President and Chief Executive Officer of Ranger. "Melissa's past positions give her significant strategic insight into the role of corporate finance within an oilfield services company, and I am confident that she will bring fresh new perspectives to our leadership team following our significant growth and expansion of our shareholder base. We are confident in our strategy, and I look forward to working with Melissa and the rest of the executive team to continue building a sustainable, high returns business centered on top quality clients, excellent service and assets, effective technologies, efficient operations and processes, and ESG stewardship."
DDD

Hot Stocks

16:07 EDT 3D Systems names David Shulkin to Medical Advisory Board - 3D Systems "announced the appointment of David J. Shulkin, MD, former United States Secretary of Veterans Affairs, to the company's recently established Medical Advisory Board. The primary mission of the MAB is to provide strategic input, guidance, and recommendations for the company's expanding efforts in regenerative medicine."
CYRN

Hot Stocks

16:07 EDT Cyren to divest its legacy secure Email gateway business to Content Services - Cyren announced that it has entered into a definitive agreement to divest its legacy Secure Email Gateway business to Content Services Group GmbH for b ,10,000,000 in cash. The purchase price is subject to certain adjustments and the transaction is expected to close prior to August 31 with customary closing conditions. The divestment will enable Cyren to focus on its best strategic growth opportunities to deliver optimal value to its customers and shareholders . This transaction is fully aligned with our strategy to focus our efforts and resources on products and market opportunities that we believe offer the best growth opportunities for Cyren," said Brett Jackson, Cyren's Chief Executive Officer. "The proceeds from this transaction will strengthen our balance sheet, allow us to fund additional growth-related investments and streamline our product line and overall business."
NKLA

Hot Stocks

16:07 EDT Nikola urges stockholders to vote "FOR" each proposal at annual meeting - Nikola released a letter to stockholders in connection with its 2022 Annual Meeting of Stockholders, which is scheduled for June 30 The letter urges stockholders to vote "FOR" each proposal, including a proposal to increase the number of authorized shares of the Company's common stock, as described in Nikola's definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 2.
DOCU MSFT

Hot Stocks

16:07 EDT DocuSign, Microsoft expand strategic partnership - DocuSign (DOCU) announced an expansion of its global strategic partnership with Microsoft (MSFT) to accelerate how people collaborate and come to agreement in the anywhere economy. It has become increasingly evident that every company, from global enterprises to SMBs, need to fully digitally transform to stay competitive and relevant. To help achieve this transformation, DocuSign and Microsoft are providing new integrations and capabilities that enhance their joint customers' ability to prepare, sign and manage agreements in the cloud, from practically anywhere. This agreement reinforces DocuSign Agreement Cloud as a Preferred Solution on Microsoft AppSource, representing a commitment to quality, performance and the ability to meet the needs of mutual customers. As part of the agreement, Microsoft and DocuSign will also expand the use of each other's products within their own organizations. Microsoft will adopt DocuSign's products and services, including DocuSign eSignature and CLM, to streamline select e-signature and contract management workflows. DocuSign is planning to implement Power Platform to automate a wide variety of business processes such as payroll processing, payables management and employee experience, and will expand its use of Microsoft Azure beyond Canada and Australia into other geographies.
TER

Hot Stocks

16:06 EDT Teradyne names Greg Smith as President - Teradyne announced that Greg Smith has been appointed President of Teradyne, effective July 1, 2022. Mark Jagiela will continue as the company's CEO.
TALS

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16:03 EDT Talaris Therapeutics presents phase 2 data on FCR001 at ATC - Talaris Therapeutics "presented additional data and analyses from its Phase 2 trial of FCR001 and other studies of its Facilitated Allo-HSCT Therapy platform at the 2022 American Transplant Congress. In a poster presented at the 2022 ATC meeting, Talaris reported findings of a retrospective, real-world assessment of the safety and efficacy of FCR001 as compared with standard of care immunosuppression. Medical records were used to identify 144 patients who received transplants contemporaneously and at the same institution as 36 of the 37 Phase 2 clinical trial participants, and who met the study's inclusion and exclusion criteria, including age, HLA mismatch and BMI. The analysis indicated that patients treated with FCR001 had no higher incidence of death, graft loss or biopsy-proven acute rejection than did patients on IS in the five years post-transplant. Kidney function, defined as estimated glomerular filtration rate, was significantly higher in patients treated with FCR001 at five years (p=0.02), and key immunosuppression-related cardiometabolic complications were observed less frequently in patients treated with FCR001 compared to those on IS. Phase 2 long-term follow-up shows consistent durability off IS. In an oral presentation at the 2022 ATC meeting, Talaris provided an update on the continued long-term follow-up of patients in its Phase 2 LDKT study. Talaris previously reported that 26 of 37 (70%) patients in its Phase 2 study achieved stable T-cell chimerism and were weaned off all chronic IS by approximately 12 months after their transplant. To date, all surviving patients weaned off IS remain IS- and rejection-free."
OACB ALVO

Hot Stocks

16:02 EDT Alvotech, Oaktree announce shareholder approval of business combination - Alvotech (ALVO) and Oaktree Acquisition Corp. II (OACB) announced that their previously announced business combination between Alvotech S.A., OACB and the legal entity named Alvotech, previously named Alvotech Lux Holdings S.A.S., with Alvotech as the surviving entity was approved by OACB shareholders at an Extraordinary General Meeting on June 7, 2022. It is anticipated that the Business Combination will close on or about June 15, 2022, subject to the satisfaction of all other applicable closing conditions. The ordinary shares of Alvotech are expected to trade under the new ticker symbol "ALVO" on The Nasdaq Stock Market in New York and The Nasdaq First North Growth Market in Reykjavik and the warrants of Alvotech are expected to trade on The Nasdaq Stock Market in New York under the new ticker symbol "ALVOW."
NVAX

Hot Stocks

15:34 EDT FDA advisors vote to recommend EUA for Novavax COVID-19 vaccine - The FDA advisory committee vote on whether the benefits of Novavax's COVID-19 vaccine as primary series outweigh risks for adults 18+ was 21 "Yes" to zero "No" with one voter abstaining.
LHX...

Hot Stocks

15:32 EDT L3Harris team selected for $205M SPEIR contract from U.S. Navy - A team led by L3Harris Technologies (LHX) has been selected to provide the Shipboard Panoramic Electro-Optic/Infrared, or SPEIR, system to the U.S. Navy that will provide improved fleet protection. The initial $205M contract has a potential value of $593M if all options are exercised through March 2031, the company stated. The team includes Lockheed Martin (LMT) and BAE Systems (BAESY) and will provide an L3Harris solution known as SPATIAL that provides a scalable 360-degree EO/IR passive automatic detection and tracking solution, enhancing combat systems and navigation capabilities to the U.S. Navy.
ZGNX

Hot Stocks

14:56 EDT Zogenix's fenfluramine hydrochloride granted FDA orphan designation - Zogenix's fenfluramine hydrochloride was granted FDA orphan designation as a ttreatment of seizures associated with cyclin-dependent kinase-like 5, or CDKL5, deficiency disorder, according to a post to the agency's website. Reference Link
MDXG

Hot Stocks

14:48 EDT Prescience Point calls on MiMedx to release annual meeting voting results - Prescience Point Capital Management LLC, an investment firm that beneficially owns approximately 6.7% of the outstanding common stock of MiMedx Group, has issued a statement, calling upon the company to report the preliminary results of its annual meeting of shareholders, held earlier Tuesday. Eiad Asbahi, Founder and Managing Partner of Prescience Point, stated: "We find it extremely suspect that, while MiMedx stated during the annual meeting proceedings that director nominees Phyllis Gardner and James Bierman were re-elected, the Company has not taken the usual step of promptly releasing the preliminary voting results to all shareholders. In the interest of full transparency, we call upon MiMedx to immediately release the preliminary voting results of the annual meeting, so that the public can see whether the Board and management have lost the confidence of the Company's shareholder base. We believe MiMedx is delaying the release of the preliminary vote tally because these results will reveal widespread shareholder discontent. Based on our discussions with shareholders after the annual meeting, we believe the vote tally will show that a majority of the shares held by non-affiliated, non-institutional holders were voted AGAINST the Company's incumbent director nominees, and AGAINST the Company's executive compensation-based "say-on-pay" proposal. If, as we believe, the unaffiliated portion of MiMedx's shareholder base is truly unified in its discontent with the status quo, we are hopeful that this will be the catalyst for the Board and management to begin to operate MiMedx in the best interests of ALL shareholders, and put the Company on a more positive and constructive path."
GOOG GOOGL

Hot Stocks

14:10 EDT Google announces new Workspace for Education tools - According to a blog post from Maryam Sanglaji Product Manager, Google Meet: "Today we're announcing several new Google Workspace for Education tools rooted in enhancing learning for the individual and classroom, giving educators more control and increasing support for diverse learners...No one student experience is the same, so it's a key priority for us to ensure the entire learning environment is enhanced. Earlier this year, we announced many features in Docs, like Assistive Writing features and the ability to use Meet directly in Docs, Sheets and Slides. For our Google Workspace for Education Plus and Teaching and Learning Upgrade customers, we announced live-translated captions in Meet, which allows hosts to add live-translated captions to support video meetings for language classes, multilingual audiences and even parent/guardian teacher conferences...We're adding even more features to make Meet useful in the classroom. which are all available in Google Workspace for Education Plus and the Teaching & Learning Upgrade: Host Q&As and Polls in live stream: Users in a livestream later this year can participate in Q&As and polls, matching the experience Meet attendees enjoy today. Auto-transcribe Meet calls directly into a Google Doc: Keep a record of meetings with less storage than a recording and provide an easier way to edit, review, search and share lessons with students. Live stream public events directly to YouTube: Live stream Meet video calls to the public via YouTube for events like school board meetings, school assemblies and much more," noted the blog post, in part. Reference Link
SPY...

Hot Stocks

13:55 EDT Global growth to fall to 2.9% in 2022 from 5.7% in 2021, World Bank says - "Compounding the damage from the COVID-19 pandemic, the Russian invasion of Ukraine has magnified the slowdown in the global economy, which is entering what could become a protracted period of feeble growth and elevated inflation, according to the World Bank's latest Global Economic Prospects report. This raises the risk of stagflation, with potentially harmful consequences for middle- and low-income economies alike. Global growth is expected to slump from 5.7% in 2021 to 2.9% in 2022- significantly lower than 4.1% that was anticipated in January. It is expected to hover around that pace over 2023-24, as the war in Ukraine disrupts activity, investment, and trade in the near term, pent-up demand fades, and fiscal and monetary policy accommodation is withdrawn. As a result of the damage from the pandemic and the war, the level of per capita income in developing economies this year will be nearly 5 percent below its pre-pandemic trend."The war in Ukraine, lockdowns in China, supply-chain disruptions, and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid," said World Bank President David Malpass. "Markets look forward, so it is urgent to encourage production and avoid trade restrictions. Changes in fiscal, monetary, climate and debt policy are needed to counter capital misallocation and inequality," said the World Bank in a statement. Reference Link
WDC

Hot Stocks

13:41 EDT Western Digital CEO says consumer headwinds greater than at start of quarter - Asked during his presentation at the Goldman Sachs Global Semiconductor conference how to manage profitability in a period when the consumer is clearly weaker at the margin, Western Digital CEO David Goeckeler replied in part: "I think the fundamental principle is the same, which is create optionality in the NAND business, which is the more markets we can be exposed to, the more we can mix across those markets to mix to the higher growth segments or the less volatile segments or the more profitable segments, whatever we're optimizing for. And we're really optimizing across all those variables and it's quite a complicated business. But that's where we feel really good about the portfolio. I mean we have -- we have a very enviable consumer franchise... So that's like the fundamental tenet of the portfolio, and we're going to continue to do that, continue to develop as much optionality as possible. More near term, you're right. I mean there's a lot of consumer headwinds. We talked a little bit about this at earnings. And quite frankly, the consumer headwinds are greater than we thought they were when we started the quarter, and they continued to intensify. So we talked about some earnings that we expected the second half in NAND to be more of an undersupplied market. We expect that to be more balanced given the the headwinds we were seeing in consumer and in consumer PCs. We continue to see that. And as I said, as we move through the quarter, it's gotten more intense than even we expected. So it's something we'll continue to manage, stay very close to continue to develop the portfolio for optionality. And the thing is, no matter what the macro conditions are, you can't outrun macro at some level, but get the best possible result we can given the portfolio optionality we have."
CVS...

Hot Stocks

13:25 EDT FTC announces inquiry into pharmacy benefit managers - The Federal Trade Commission announced that it will launch an inquiry into the "prescription drug middleman industry," requiring the six largest pharmacy benefit managers to provide information and records regarding their business practices. The agency's inquiry will scrutinize the impact of vertically integrated pharmacy benefit managers on the access and affordability of prescription drugs. As part of this inquiry, the FTC will send compulsory orders to CVS Caremark (CVS); Cigna's (CI) Express Scripts, Inc.; UnitedHealth's (UNH) OptumRx, Inc.; Humana Inc. (HUM); Prime Therapeutics LLC; and MedImpact Healthcare Systems, the Commission stated. The Commission's inquiry will examine pharmacy benefit managers' role at the center of the U.S. pharmaceutical system. Pharmacy benefit managers are the middlemen who are hired to negotiate rebates and fees with drug manufacturers, create drug formularies and surrounding policies, and reimburse pharmacies for patients' prescriptions. "Although many people have never heard of pharmacy benefit managers, these powerful middlemen have enormous influence over the U.S. prescription drug system," said Federal Trade Commission Chair Lina M. Khan. "This study will shine a light on these companies' practices and their impact on pharmacies, payers, doctors, and patients."
WFC JPM

Hot Stocks

13:14 EDT Wells Fargo appoints Amy Bonitatibus as chief communications, brand officer - Wells Fargo & Company announced that Amy Bonitatibus has been named Chief Communications and Brand Officer, effective Sept. 12, 2022. Bonitatibus will report to Bill Daley, vice chairman of Public Affairs. Bonitatibus joins Wells Fargo from Chase, the retail arm of JPMorgan Chase, where she served as Chief Communications Officer.
NVDA INTC

Hot Stocks

13:08 EDT Nvidia has selected Sapphire Rapids to be the CPU for Hopper, says Huang - Nvidia CEO Jensen Huang is speaking at the BofA Global Technology Conference.
TEN APO

Hot Stocks

13:02 EDT Tenneco shareholders approve acquisition by Apollo Global affiliates - Tenneco announced that its shareholders voted to approve Tenneco's pending acquisition by affiliates of Apollo Global Management at Tenneco's annual meeting of shareholders held earlier today. As previously announced, this transaction was unanimously approved by Tenneco's Board of Directors, who recommended that the Company's shareholders approve the transaction. The transaction is expected to close in the second half of 2022, subject to customary closing conditions and receipt of regulatory approvals.
IMTX EDIT

Hot Stocks

12:56 EDT Immatics, Editas Medicine announce strategic collaboration and licensing pact - Immatics (IMTX) and Editas Medicine (EDIT) earlier today announced that the two companies have entered into a strategic research collaboration and licensing agreement to combine gamma-delta T cell adoptive cell therapies and gene editing to develop medicines for the treatment of cancer. As part of the licensing agreement, Immatics gains non-exclusive rights to Editas Medicine's CRISPR technology and intellectual property. Editas Medicine is the exclusive licensee of Harvard and Broad Institute's Cas9 patent estates and Broad Institute's Cas12a patent estate for human medicines. "Engineered cell therapies have the potential to significantly impact the treatment paradigm for cancer, and our partnership with the esteemed team at Editas Medicine will provide us with further versatility and flexibility in how we engineer our ACTallo cell therapies based on a specific tumor target. It has always been our focus to deliver innovative science to cancer patients and this collaboration with Editas Medicine will enable us to access CRISPR technologies and apply them to our off-the-shelf gamma-delta T cell platform," said Rainer Kramer, Ph.D., Chief Business Officer, Immatics. Under the terms of the agreement, Editas Medicine will be eligible to receive an undisclosed upfront cash payment as well as additional milestone payments based on development, regulatory, and commercial milestones. In addition, Immatics will pay royalties on future net sales on any products that may result from this collaboration.
IBM

Hot Stocks

12:28 EDT IBM announces 'orderly wind-down' of business in Russia - IBM released a letter from its President and CEO, Arvind Krishna, dated May 30, to employees, which reads in part: "On March 7th, I shared with you our decision to suspend IBM's business operations in Russia due to the war in Ukraine. Our focus for months has been on looking after the safety and security of IBMers and their families in impacted regions. We chose to suspend operations so that we could evaluate longer-term options while continuing to pay and provide for our employees in Russia. As the consequences of the war continue to mount and uncertainty about its long-term ramifications grows, we have now made the decision to carry out an orderly wind-down of IBM's business in Russia. We see this move as both right and necessary, and a natural next step following our business suspension. This process will commence today and result in the separation of our local workforce. Our colleagues in Russia have, through no fault of their own, endured months of stress and uncertainty. We recognize that this news is difficult, and I want to assure them that IBM will continue to stand by them and take all reasonable steps to provide support and make their transition as orderly as possible...We remain united in our hope for an end to this war and the restoration of peace." Reference Link
PMVP

Hot Stocks

12:22 EDT PMV Pharmaceuticals sinks 24% to $10.55 after Phase I solid tumor data
SNDR

Hot Stocks

12:03 EDT Schneider National acquires Wisconsin-based carrier deBoer Transportation - Schneider announced that the company has acquired Wisconsin-based carrier deBoer Transportation. The company is expected to be quickly integrated into Schneider's existing businesses, with drivers and equipment being deployed to support growth opportunities in Dedicated and Power Only operations, Schneider said in a statement. As part of the acquisition, Schneider will assume ownership of approximately 160 tractors and 660 trailers. deBoer's facility in Blenker, Wisconsin, and maintenance shop near Dallas, Texas, are not included in the sale.
PMVP

Hot Stocks

12:02 EDT PMV Pharmaceuticals presents initial PC14586 Phase I data - PMV Pharmaceuticals announced that preliminary results from the ongoing Phase 1/2 PYNNACLE study of PC14586 in patients with advanced solid tumors harboring a p53 Y220C mutation demonstrated anti-tumor efficacy across multiple tumor types with an acceptable safety profile. PC14586 is a first-in-class precision oncology small molecule investigational therapy that selectively targets the p53 Y220C mutation in solid tumors. The most common treatment-emergent adverse events included nausea, vomiting, AST increase, ALT increase, anemia, blood creatinine increase, and fatigue. The maximum tolerated dose was reached at 1500 mg twice daily. Enrollment at doses below the MTD is ongoing to support the determination of a recommended Phase 2 dose. ORR assessed by investigators according to RECIST v1.1 was 32% in patients receiving an initial total daily dose of 1150 mg and above. Of the 8 responding patients, 6 have confirmed partial responses and 2 have unconfirmed partial responses, pending confirmation. ORR was 24% across all dose cohorts. Responses were observed across six distinct tumor types including breast, endometrial, prostate, pancreatic, ovarian, and small cell lung cancer. Best Response of stable disease or partial response was observed in 19/25 patients at doses greater than or equal to1150 mg. "These encouraging Phase 1 safety and preliminary efficacy data provide proof of concept for PC14586 as monotherapy to selectively reactivate p53 across multiple tumor types," said Leila Alland, M.D., Chief Medical Officer of PMV Pharma. "We look forward to completing the Phase 1 portion of the PYNNACLE study in the second half of this year and initiating the potentially pivotal Phase 2 portion of the study early in 2023."
RBOT

Hot Stocks

12:00 EDT Vicarious Surgical falls -15.6% - Vicarious Surgical is down -15.6%, or -73c to $3.95.
REVG

Hot Stocks

12:00 EDT Rev Group falls -17.2% - Rev Group is down -17.2%, or -$2.09 to $10.08.
BOXD

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12:00 EDT Boxed falls -25.0% - Boxed is down -25.0%, or -$1.38 to $4.13.
CIA

Hot Stocks

12:00 EDT Citizens rises 11.4% - Citizens is up 11.4%, or 38c to $3.72.
FRGE

Hot Stocks

12:00 EDT Forge Global rises 13.7% - Forge Global is up 13.7%, or $1.86 to $15.45.
EVEX

Hot Stocks

12:00 EDT Eve Holding rises 17.3% - Eve Holding is up 17.3%, or $1.31 to $8.89.
PMVP

Hot Stocks

11:59 EDT PMV Pharmaceuticals trading resumes
PMVP

Hot Stocks

11:54 EDT PMV Pharmaceuticals trading halted, volatility trading pause
PYPL...

Hot Stocks

11:53 EDT PayPal users can now transfer and receive bitcoin, ethereum - Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges, the company said in a statement. "This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform," it added. Available now to select U.S. users and rolling out to all eligible U.S. customers in the coming weeks, thw new functionality lets PayPal customers: Transfer supported coins into PayPal; Move crypto from PayPal to external crypto addresses including exchanges and hardware wallets; Send crypto to family and friends on PayPal in seconds, with no fees or network charges to send or receive. PayPal said it has also been granted a full Bitlicense by the New York Department of Financial Services, becoming the first company to convert a conditional Bitlicense into a full Bitlicense. Reference Link
PYPL...

Hot Stocks

11:53 EDT PayPal users can now transfer and receive bitcoin, ethereum - Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges, the company said in a statement. "This feature has been consistently ranked by users as one of the most requested enhancements since we began offering the purchase of crypto on our platform," it added. Available now to select U.S. users and rolling out to all eligible U.S. customers in the coming weeks, thw new functionality lets PayPal customers: Transfer supported coins into PayPal; Move crypto from PayPal to external crypto addresses including exchanges and hardware wallets; Send crypto to family and friends on PayPal in seconds, with no fees or network charges to send or receive. PayPal said it has also been granted a full Bitlicense by the New York Department of Financial Services, becoming the first company to convert a conditional Bitlicense into a full Bitlicense. Reference Link
BLUE

Hot Stocks

11:32 EDT Bluebird Bio up 12% after FDA posts briefing documents for beti-cel meeting - Earlier, the FDA posted background information prepared by the Food and Drug Administration for the members of the Cellular, Tissue, and Gene Therapies Advisory Committee that is scheduled to meet on June 9-10 to review the Biologics License Application, or BLA, for betibeglogene autotemcel, or beti-cel, a first-in-class product that was developed by bluebird bio. Bluebird bio is seeking approval for betibeglogene autotemcel for the treatment of subjects with beta-thalassemia who require regular red blood cell transfusions. "The primary evidence of effectiveness and safety is generated from two single-arm, open-label, Phase 3 studies, with supportive safety data from a Phase 1/2 study. Although the studies provide evidence of effectiveness of beti-cel for the treatment of TDT, FDA has concerns regarding the potential risk of insertional oncogenesis," the briefing documents stated. In morning trading, shares of bluebird bio are up 35c, or 12%, to $3.33. Reference Link
ADBE HD

Hot Stocks

11:09 EDT Adobe expands partnership with Home Depot - Adobe announced it has expanded its partnership with The Home Depot to enhance the customer experience. The company said,"The Home Depot has led the way in bridging the online and offline shopping experience. As part of the company's interconnected retail strategy, a seamless experience extends across e-commerce, an award-winning mobile app and in-store services such as pickup lockers and an in-app product locator. With so many touchpoints, the Adobe partnership will provide comprehensive insights into the customer journey. This will enable The Home Depot to optimize experiences across channels while refining marketing investments."
TAK

Hot Stocks

11:05 EDT Takeda Canada 'applauds' Quebec's rare disease policy - Takeda Canada welcomes Quebec's first policy for rare diseases. The company said, "This policy is an important first step in acknowledging the unique complexities faced by Quebecers living with rare diseases and the changes needed to ensure ensure patients have access to the care and treatments they deserve." "We congratulate the Quebec government on working with stakeholders, including the innovative biopharmaceutical sector, to develop a policy that will provide, once fully implemented, a holistic approach to improving care for those living with rare diseases," said Rute Fernandes, General Manager, Takeda Canada. "Addressing the gaps in rare diseases, such as improved screening, timely diagnosis, data collection, supporting the development of innovative treatments, and patient and caregiver support are paramount to a long-term and sustainable approach to rare diseases. We look forward to the work of the advisory committee and offer our collaboration in the development of the Action Plan expected later this year."
UBER...

Hot Stocks

11:02 EDT Uber Freight, Waymo Via partner to accelerate future of logistics - Uber Freight and Waymo Via announced a long-term strategic partnership to connect their technologies and deploy autonomous trucks at scale on the Uber Freight network. The companies said, "This partnership brings together the power of Waymo's autonomous driving technology with the scale of Uber Freight's network and leading marketplace technology, unlocking a roadmap for the thoughtful and safe implementation of autonomous trucks on America's roads. This agreement is an important milestone that includes a deep product integration and long-term collaboration roadmap that involves building the tools and infrastructure specific to the successful deployment of autonomous trucks for Uber Freight's shipper and carrier customers. Carriers that purchase trucks equipped with the Waymo Driver in the future will be able to opt-in to Uber Freight's marketplace through user-friendly applications that enable them to seamlessly deploy their autonomous assets on the Uber Freight network." As part of the long-term agreement, Waymo Via intends to reserve billions of miles of its goods-only capacity for the Uber Freight network.
JNJ

Hot Stocks

10:59 EDT Janssen announces 29.2% response rate in Phase 2 solid tumor study - Janssen Pharmaceutical of Johnson & Johnson announced initial results from the pivotal Phase 2 RAGNAR study evaluating the investigational use of Bakversa, a fibroblast growth factor receptor kinase inhibitor, in patients with advanced solid tumors with prespecified FGFR alterations. The primary endpoint of the RAGNAR study is the overall response rate as assessed by an independent review committee. At the data cutoff, independent review committee assessed an ORR of 29.2% and a disease control rate of 72.5% for the overall tumor-agnostic patient population. Investigators observed responses in 14 distinct tumor types. This included responses in "hard-to-treat malignancies" such as salivary gland cancer, pancreatic cancer and glioblastoma, Janssen said in a statement. Investigators also observed an overall 7.1-month median duration of response. At the data cutoff, 51.1 %, or 24 patients who had responded to treatment continued to show a response. The primary analysis for all patients treated in this RAGNAR cohort, known as the broad panel cohort, is anticipated later this year. The discontinuation rate due to drug-related adverse events was 7.3%.
JNJ

Hot Stocks

10:59 EDT Janssen announces 29.2% response rate in Phase 2 solid tumor study - Janssen Pharmaceutical of Johnson & Johnson announced initial results from the pivotal Phase 2 RAGNAR study evaluating the investigational use of Bakversa, a fibroblast growth factor receptor kinase inhibitor, in patients with advanced solid tumors with prespecified FGFR alterations. The primary endpoint of the RAGNAR study is the overall response rate as assessed by an independent review committee. At the data cutoff, independent review committee assessed an ORR of 29.2% and a disease control rate of 72.5% for the overall tumor-agnostic patient population. Investigators observed responses in 14 distinct tumor types. This included responses in "hard-to-treat malignancies" such as salivary gland cancer, pancreatic cancer and glioblastoma, Janssen said in a statement. Investigators also observed an overall 7.1-month median duration of response. At the data cutoff, 51.1 %, or 24 patients who had responded to treatment continued to show a response. The primary analysis for all patients treated in this RAGNAR cohort, known as the broad panel cohort, is anticipated later this year. The discontinuation rate due to drug-related adverse events was 7.3%.
JSDA

Hot Stocks

10:57 EDT Jones Soda, Simply Better Brands Corp. announce termination of LOI - Simply Better Brands Corp. and Jones Soda Co. announce that, due to current market conditions, SBBC and Jones have terminated the previously announced letter of intent. "We are disappointed that due to current market conditions we are unable to move forward with our intended transaction at this time. The Jones Soda brand is one we felt confident would add tremendous value to our existing platform and ultimately be accretive to shareholder value. We wish Jones management and their board much success in their future," says Kathy Casey, CEO of Simply Better Brands. "Due to the decline in current market conditions, we regrettably are unable to continue with the proposed transaction with SBBC. We are certain that Simple Better Brands and Jones will continue to find successful business opportunities in the future, despite this shift in direction for both companies," says Mark Murray, CEO of Jones Soda.
SNCR

Hot Stocks

10:51 EDT Synchronoss settles with SEC over 'accounting improprieties' for 12.5M - The Securities and Exchange Commission charged Synchronoss Technologies and seven senior employees, including the former CFO, in connection with their roles related to "accounting improprieties" that ran from 2013 to 2017. In addition, the company's founder and former CEO, Stephen Waldis, while not charged with misconduct, agreed to reimburse the company for more than $1.3M in stock sale profits and bonuses as well as to return previously granted shares of company stock. The SEC filed a complaint in federal district court in Manhattan against former CFO Karen Rosenberger and former Controller Joanna Lanni. Among other things, the SEC's complaint alleges that Rosenberger engaged in fraud through her role in improperly recognizing revenue on multiple transactions and that she also misled Synchronoss's auditor about multiple transactions. The SEC alleges Lanni was involved in improper accounting for one transaction. Without admitting or denying the SEC's findings, Synchronoss agreed to cease and desist from violating Section 10(b) of the Securities Exchange Act of 1934 and other provisions of the securities laws, and to pay a civil penalty of $12.5M. Clayton Thomas, Marc Bandini, Daniel Ives, former senior employees of the company, along with current employee, John Murdock, settled charges from their participation in at least one side letter agreement that concealed the revenue that Synchronoss recognized upfront was in fact contingent on future events and to pay civil penalties ranging from $15,000 to $90,000.
NVS

Hot Stocks

10:48 EDT Novartis announces longer-term follow-up data from Phase III ASCEMBL trial - Novartis announced longer-term follow-up data from the Phase III ASCEMBL trial for patients with Philadelphia chromosome-positive chronic myeloid leukemia in chronic phase previously treated with two or more tyrosine kinase inhibitors, or TKIs, presented at the 2022 American Society of Clinical Oncology, or ASCO, Annual Meeting. In this analysis, the proportion of patients in the Scemblix arm who achieved a major molecular response at 96 weeks was more than double that in the Bosulif arm, substantially increasing from previous analyses, the company said. Additionally, the probability of maintaining MMR for at least 72 weeks for patients treated with Scemblix was 96.7%, reflecting long-term durability of efficacy
MIGI

Hot Stocks

10:46 EDT Mawson Infrastructure to become 33% shareholder of TDI - Mawson Infrastructure Group announced that it will become a 33% shareholder in Tasmania Data Infrastructure. TDI is developing a large-scale, 100% renewable energy Bitcoin Mining facility at the Que River Mine Site in Tasmania, Australia with up to 35 megawatts of energy infrastructure available for Bitcoin Mining in Q3, 2022. Mawson will also have the right to host up to 10MW of its own Bitcoin Mining infrastructure at the site. The site has potential expansion capacity in excess of 100 megawatts, subject to infrastructure upgrades over time. Mawson has exchanged approximately 1975 ASIC Bitcoin Miners for a 33% equity holding in TDI and will provide a license for TDI to utilize Mawson's Modular Data Center and associated technology. The sale of the ASIC Bitcoin Miners reflects Mawson's strategy to continually cycle and upgrade our overall fleet of equipment, with the sale to be reflected in the second quarter 2022 financial results. The Que River Mine Site covers a total area of approximately 300 hectares, is located directly adjacent to TasNetworks Que substation, and is in close proximity to two large-scale transmission lines servicing the northwest part of Tasmania. The site is powered by 100% renewable energy, has an existing 40MVA substation with significant additional power availability, advanced installed communication infrastructure and sits atop a landholding of 30 hectares, providing ample space for future Modular Date Center expansion.
ASO

Hot Stocks

10:35 EDT Academy Sports sees FY gross margin 33%-33.5% - Says impact of promotional events built in to guidance. Comments taken from Q1 earnings conference call.
NEWR

Hot Stocks

10:17 EDT New Relic up 6% to $50.59 after reaching agreement with Jana
AGFS

Hot Stocks

10:05 EDT AgroFresh opens global innovation center in Chile - AgroFresh Solutions announced the opening of a new global innovation center in Rancagua, Chile. The new center will be staffed by researchers and operations teams and will support growers, packers, shippers and retailers throughout Latin America with customized operational and technical support services and post-harvest solutions to help keep produce fresh longer, reduce food waste and conserve precious natural resources. Chile exports more than 2.6 million tons of fruit annually to more than 100 countries making it one of the top exporters of produce and fruit in the world. The country is also at the forefront of adopting new technology and crop production practices, and was the first to successfully commercialize SmartFresh, AgroFresh's leading ethylene management solution, more than 20 years ago. The center will allow customers throughout the Latin American region to tap into the problem-solving expertise and capabilities of AgroFresh's scientific and operational experts who are dedicated to helping them improve pathogen protection, maintain fruit and vegetable quality, extend shelf life and minimize post-harvest loss and waste. The global hub will also be home to some of the world's foremost post-harvest research and development scientists. AgroFresh will use the innovation center to continue to develop its leading produce freshness product and digital solutions, such as Harvista, ActiMist, and FreshCloud. In addition, the center will support the Control-Tec ECO application equipment which has helped cherry customers in Chile reduce water usage by up to 60% during the packing process.
JBLU

Hot Stocks

10:04 EDT JetBlue Vacations named official travel partner of Inter Miami CF - JetBlue announced its new partnership becoming the Official Travel Partner of the Major League Soccer team, Inter Miami CF. The new partnership launches during the 2022 season with eight in-match features that will offer lucky fans the opportunity to win a JetBlue Vacations travel credit. The new agreement marks JetBlue Travel Products' first sponsorship of a major league sports team and solidifies its commitment to the South Florida community. Throughout the remainder of the 2022 season, the agreement will allow JetBlue Vacations to engage with Inter Miami fans and travelers alike through integrated marketing efforts, showing why booking through JetBlue Vacations is the best value for money a customer can get. As the Official Travel Partner of Inter Miami, JetBlue Vacations' partnership will include joint marketing promotions and advertising. Elements will include online advertising, email marketing, InterMiamiCF.com logo placement and video features, as well as one sweepstakes that will offer a travel package for one Inter Miami CF supporter plus one guest to a future away match. JetBlue Vacations will also provide suggested travel packages to South Florida, giving customers access to uniquely discounted flights and hotels. Together, JetBlue Vacations and Inter Miami will work together to connect the South Florida community with the rest of the country.
WPLCF

Hot Stocks

10:03 EDT Firstbase enters partnership with Wise for cross-border payments - Firstbase announced a partnership with Wise to integrate the Wise Platform API into Firstbase Loop. Now any business can experience seamless account creation and verification with Wise directly through the Firstbase platform. Firstbase makes it easy for anyone in the world to incorporate a company in the U.S., while Wise makes it possible to instantly move money abroad more with lower exchange fees and other costs than traditional banking solutions. The tens of thousands of existing businesses on Firstbase now have a fast and affordable way to send money internationally, joining the 13M people and businesses using Wise-processing over $8B in cross-border transactions every month and saving customers over $1B a year by using the real exchange rate.
IDEX

Hot Stocks

10:01 EDT GridMarket announces EV transition initiative with Ideanomics - GridMarket is thrilled to announce that Coast Counties Peterbilt will be deploying solar, battery storage, and EV charging stations at an initial four sites across the state. The projects were facilitated and optimized through the GridMarket Platform. Ideanomics Energy was selected through GridMarket's competitive process and marketplace to implement and operate the projects.
DHX

Hot Stocks

10:00 EDT DHI Group falls -10.7% - DHI Group is down -10.7%, or -72c to $6.00.
BOXD

Hot Stocks

10:00 EDT Boxed falls -16.2% - Boxed is down -16.2%, or -89c to $4.62.
REVG

Hot Stocks

10:00 EDT Rev Group falls -19.8% - Rev Group is down -19.8%, or -$2.41 to $9.76.
FRGE

Hot Stocks

10:00 EDT Forge Global rises 8.8% - Forge Global is up 8.8%, or $1.19 to $14.78.
TUYA

Hot Stocks

10:00 EDT Tuya rises 9.4% - Tuya is up 9.4%, or 28c to $3.25.
BTU

Hot Stocks

10:00 EDT Peabody Energy rises 10.7% - Peabody Energy is up 10.7%, or $2.79 to $28.86.
NEWR

Hot Stocks

09:52 EDT New Relic enters cooperation agreement with Jana, refreshes board - New Relic announced last night updates related to its board of directors. The company has appointed Pali Bhat to the board, effective June 13, 2022. He has served as the Chief Product Officer of Reddit since October 2021. New Relic also announced that it has appointed Kevin Galligan, a partner of Jana Partners, and Susan Arthur, Chief Executive Officer of CareerBuilder, to the board, effective June 13. James Tolonen, Dan Scholnick and Adam Messinger will step down from the board, effective June 13. In connection with the appointment of Kevin Galligan and Susan Arthur to the board, the company has also entered into a cooperation agreement with Jana Partners. Under the terms of the agreement, Jana has agreed to a "customary standstill and non-disparagement commitments." Shares of New Relic are up 4% to $49.55 following last night's news.
DHX

Hot Stocks

09:47 EDT DHI Group falls -11.0% - DHI Group is down -11.0%, or -74c to $5.98.
REVG

Hot Stocks

09:47 EDT Rev Group falls -13.3% - Rev Group is down -13.3%, or -$1.62 to $10.55.
BOXD

Hot Stocks

09:47 EDT Boxed falls -20.7% - Boxed is down -20.7%, or -$1.14 to $4.37.
BTU

Hot Stocks

09:47 EDT Peabody Energy rises 8.4% - Peabody Energy is up 8.4%, or $2.19 to $28.26.
UNFI

Hot Stocks

09:47 EDT United Natural Foods rises 8.7% - United Natural Foods is up 8.7%, or $3.89 to $48.80.
FRGE

Hot Stocks

09:47 EDT Forge Global rises 11.3% - Forge Global is up 11.3%, or $1.53 to $15.12.
TRDA

Hot Stocks

09:46 EDT Entrada Therapeutics Inc trading resumes
TRDA

Hot Stocks

09:41 EDT Entrada Therapeutics Inc trading halted, volatility trading pause
AFRM

Hot Stocks

09:39 EDT Affirm announces resignation of chief commercial officer Silvija Martincevic - In a regulatory filing, Affirm said that on May 31, Silvija Martincevic notified the company of her decision to resign as Chief Commercial Officer as of June 30, 2022. In connection with Martincevic's resignation, on June 6, 2022, Ms. Martincevic and the company entered into a Transition Agreement pursuant to which Martincevic will serve as a consultant to the company from July 1, 2022 to December 31, 2022 and receive an amount equal to one-half of her current annual salary of $475,000 as compensation for providing those consultancy services.
SNCR

Hot Stocks

09:37 EDT Synchronoss to settle case with SEC for $12.5M - Synchronoss Technologies announced the successful resolution of the legacy investigation by the U.S. SEC regarding the company's restatement of selected financial data from 2013 to 2016. In 2018, the company restated the transactions at issue in that investigation. In connection with the settlement, the company neither admitted nor denied the SEC's allegations. Under the terms of the settlement between Synchronoss and the SEC, Synchronoss has agreed to pay a civil penalty in the amount of $12.5M in equal quarterly installments over two years. The expense associated with this settlement has previously been accrued in the company's financial statements.
KSCP

Hot Stocks

09:33 EDT Knightscope announces contract for K5 Autonomous Security Robot - Knightscope announced that a US-based operator of casinos and gaming facilities with more than three dozen casino locations has signed its second contract for a K5 Autonomous Security Robo - the first was in Las Vegas, NV. The latest agreement is for the K5 to patrol the parking lots of an Iowa casino and hotel to deter criminal activity, as well as trespassers, and monitor the flow of people of interest, be they VIPs or known threats.
GIS

Hot Stocks

09:31 EDT General Mills invests $3M to scale Eco-Harvest by ESMC - General Mills and Ecosystem Services Market Consortium announced a multi-year roadmap to scale Eco-Harvest, ESMC's market program that recognizes and rewards farmers for beneficial environmental outcomes from regenerative agriculture. The roadmap focuses on priority regions in the U.S. and Canada where General Mills sources its key ingredients, like wheat, oat, corn, and dairy. The initial $3M investment from General Mills includes an ESMC grant to support the launch and development of Eco-Harvest and funds to scale regional programs, the company said in a statement.
NAT

Hot Stocks

09:31 EDT Nordic American Tankers sells last 2002 built vessel - The company said, "We wish to inform you that we have sold the last of our originally four 2002 built suezmax tankers, the "Nordic Moon". The price is about $16 million net to NAT. The vessel will be delivered to the new owners during June 2022. We plan to take delivery of a newbuilding from Samsung Shipyard in South Korea at the end of June. It will start on a six year contract as from delivery. The first newbuilding from Samsung in this round was delivered to us in mid - May. The vessel started on a contract for 6 years when delivered from the yard. A strong balance sheet is essential. The NAT debt is low compared with other US listed tanker companies."
FMCC

Hot Stocks

09:30 EDT Freddie Mac announces tender offer for STACR notes - Freddie Mac announced that it has commenced a fixed-price cash tender offer for the purchase of any and all of the STACR notes beginning Tuesday, June 7, 2022. Each series of Notes was issued by the STACR trust. Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust. Freddie Mac has engaged BofA Securities, Inc. and Citigroup Global Markets Inc. as lead dealer managers and CastleOak Securities, L.P. as co-dealer manager for the offer. Freddie Mac is offering to purchase any and all of the Notes listed in the table below. The applicable Total Consideration to be paid by Freddie Mac to holders that tender Notes accepted for purchase pursuant to the Offer will be calculated based on the original principal amount of such tendered and accepted Notes, the applicable factor, and the applicable Tender Offer Consideration identified in the table below, plus any accrued and unpaid interest under the applicable indenture upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 7, 2022 and related Notice of Guaranteed Delivery dated June 7, 2022. Capitalized terms used and not otherwise defined herein will have the meaning ascribed to such terms in the Offer to Purchase. The tender offer period will commence on Tuesday, June 7, 2022, and expire at 5 p.m. New York City time on Monday, June 13, 2022 , unless extended. Holders must validly tender their Notes at or prior to the Expiration Time. Notes validly tendered may be withdrawn at any time at or prior to 5 p.m., New York City time, on Monday, June 13, 2022, unless extended by us, but not thereafter.
FLMN STR

Hot Stocks

09:29 EDT Desert Peak Minerals, Falcon Minerals complete merger, creating Sitio Royalties - Desert Peak Minerals and Falcon Minerals Corporation (FLMN) announced the successful completion of their merger, creating Sitio Royalties (STR), a shareholder returns-driven company focused on large-scale consolidation of high-quality oil & gas mineral and royalty interests across diversified operators. Sitio will focus on maximizing value for all stakeholders and returning significant cash to shareholders. On June 3, 2022, prior to the consummation of the merger, Falcon effected a four-to-one reverse stock split of Falcon's Class A common stock and Class C common stock and formally rebranded as Sitio Royalties Corp. The Company's Class A common stock and warrants will initially continue trading on Nasdaq under the ticker symbols "STR" and "STRDW." In accordance with the terms of the merger agreement, Desert Peak became a subsidiary of Falcon's operating partnership. Chris Conoscenti, CEO of Sitio, said: "Sitio is guided by its commitments to best-in-class leadership and governance standards, capital discipline and a thoughtful approach to value-maximizing M&A. Sitio's distinguished profile as a leading consolidator in the minerals and royalties space will only continue to strengthen over time with the execution of our proven strategy, focusing on large-scale accretive acquisitions across diversified operators."
ACNB

Hot Stocks

09:28 EDT ACNB Corp appoints Jason Weber as CFO - ACNB Corporation announces that Jason Weber is now Executive Vice President/Treasurer & Chief Financial Officer of ACNB Corporation and ACNB Bank as of June 1, 2022. As previously announced, Mr. Weber was selected as the successor to David Cathell, who announced in September 2021 his intentions to retire from all of his positions with ACNB Corporation and its subsidiaries effective the close of business on May 31, 2022. Mr. Weber of Downingtown, PA, joined ACNB Corporation and ACNB Bank on January 31, 2022, as Executive Vice President/Finance for the period until Mr. Cathell's retirement.
AXS

Hot Stocks

09:25 EDT Axis Capital announces changes to management - AXIS Capital Holdings announced a series of actions designed to "advance leadership in specialty underwriting - and the latest in a multi-year effort that has seen the Company increase profitability, lower volatility, and strengthen the portfolio, all with an eye toward delivering greater value to existing and new customers," the company said. The actions, which reflect the focus the company is placing on specialty underwriting, include: Appointing Vince Tizzio as CEO Specialty Insurance and Reinsurance; Expanding small-to-mid-sized enterprise solutions capability and associated suite of specialist products transacted digitally, Linda Ventresca named Head of Digital; Completing the shift of AXIS Re to a specialist reinsurer, with a commitment to Casualty, Specialty, A&H, and Credit lines, Ann Haugh named CEO of AXIS Re; Exiting its Property Reinsurance business, further reducing overall exposure to catastrophe risks; and Consolidating underwriting analytics and actuarial support functions under a global Chief Underwriting Officer.
TRNO

Hot Stocks

09:23 EDT Terreno Realty announces lease in Washington - Terreno Realty Corporation announced today that it has executed a full-building lease for approximately 138,000 square feet in Kent, Washington with a third-party logistics provider. The lease will commence June 30, 2022 and expire October 2027.
SNOW

Hot Stocks

09:19 EDT Snowflake launches new Cybersecurity workload - Snowflake, the Data Cloud company, announced the launch of a new Cybersecurity workload that enables cybersecurity teams to better protect their enterprises with the Data Cloud. Using Snowflake's platform and an extensive ecosystem of partners delivering security capabilities with connected applications, cybersecurity teams can quickly gain visibility and automation at cloud-scale. With Snowflake's Cybersecurity workload, customers gain access to the power and elasticity of Snowflake's platform to natively handle structured, semi-structured, and unstructured logs. Customers are able to efficiently store years of high-volume data, search with scalable on-demand compute resources, and gain insights using universal languages like SQL and Python, currently in private preview.
LIVC

Hot Stocks

09:18 EDT Live Current Media acquires IP assets of Neverthink.TV - Live Current Media announces that it has acquired the code and social media assets for the video meme platform Neverthink.TV in an all cash transaction. Neverthink was a social platform for creating and sharing meme videos considered to be part of the creator economy. According to Crunchbase, 6.6M Euros were invested into the Neverthink platform through 2019 and the platform attracted fifteen million users, 85,000 creators, and 700 million total video views. However, during the last year, management and shareholders of Neverthink made the decision to shut the platform down. Live Current will revitalize key aspects of the Neverthink platform to offer to current users of the Kast social, video streaming platform in order to add user value to its current product range.
DLPN

Hot Stocks

09:18 EDT Dolphin Entertainment's WCIP announces slate of NFT projects - Dolphin Entertainment announced that its Web3 marketing, consulting and communications agency, We Come In Peace, has developed a full slate of metaverse related clients and NFT projects, including ones with supermodel Bella Hadid and music industry mogul Troy Carter. In the first quarter of 2022, Dolphin Entertainment and WCIP partnered with celebrity chefs and restaurateurs Tom Colicchio and Spike Mendelsohn on Chfty, a collection of NFTs that provide owners with access to a culinary community led by the founders with virtual and in-person cooking events. The collection went on sale in March and sold out in less than 24 hours. WCIP's partnership with Chfty will continue in 2022 with the creation of a larger Web3 culinary ecosystem aimed at helping chefs, foodies, and brands integrate into Web3. WCIP was tapped by reBASE, the first ever geo-minting NFT platform, to help market and promote a new metaverse and NFT initiative co-founded by Bella Hadid. CY-B3LLA is a global community of humans, connected through a desire to create true, meaningful and compassionate relationships. Access to this community will be achieved through the acquisition of a limited collection of 11,111 unique NFTs, each featuring one-of-a-kind 3D scans of Hadid. The announcement of CY-B3LLA was unveiled first to her more than 52 million social media followers and then with key placements in publications such as Hypebeast, Glamour, NFT Now and many more. The NFT collection is expected to go on sale in mid June. In partnership with music and tech industry entrepreneurs Troy Carter and Suzy Ryoo, WCIP is also working on promoting a new NFT-gated community called the Venice Music Collective built for independent music artists. Membership via the NFT will serve as an access pass to an ecosystem for musicians including distribution, recording studios, creative workspaces, sync, analytics, financial services, equipment rental, community events and much more. In the coming months, WCIP will also help bring to market a generative NFT project that reimagines a new visual language for Web3 that is made up of variations of the 26 letters in the English alphabet called The Symbols. Developed by and in collaboration with some of the biggest names and influencers in Web3 and entertainment, owning a hand drawn Symbol NFT will unlock access to a global community, quarterly in real life events, exclusive merchandise, and proprietary decentralized applications that includes a word game. WCIP is also working on several projects with House of Attention, a creative and innovation studio specializing in immersive Web3 experiences, including Domonos, a collection of 100 hand-drawn pieces minted as NFTs and created by acclaimed Panamanian artist Miky Fabrega. Each Domonos NFT is a special piece of Latin American digital art history, with proceeds from each sale supporting Voces Vitales de Panama, a non-profit organization supporting underprivileged girls and women in Latin America and Surge, a female led organization focused on onboarding the next generation of women into Web3. This summer, WCIP will help launch The Dinner Roll Campaign, an art project that connects technology, charity and art in an effort to support the struggling restaurant and food service industries devastated by the global pandemic. More than 60 chefs and culinary elite, including; Danny Meyer, Rachael Ray, Eric Ripert, Amanda Freitag and Marcus Samuelsson have individually recreated Charlie Chaplin's iconic performance from the 1925 film "The Gold Rush." Each performance has been stitched together into a video mosaic art piece that will be auctioned off as an NFT with proceeds benefiting City Harvest, The James Beard Foundation, Rethink Food and World Central Kitchen. WCIP will continue to support Dolphin's strategic partnership with The Flower Girls, the fine art female-led NFT collection of 10,000 unique Flower Girls by revered artist Varvara Alay. Launched in December of 2021, The Flower Girls has surpassed over $15 million in sales to-date and is donating 20% of profits to a variety of children's charities voted on by the community. In addition, WCIP and Dolphin plans to bring its first wholly owned NFT project, Creature Chronicles, live this summer. Creature Chronicles is a multi-season graphic NFT event created by Anthony Francisco, who most recently served as a Senior Visual Development Artist at Marvel Studios, where he designed some of the world's most beloved characters and elements for the Marvel Cinematic Universe, from Baby Groot and Loki to the Dora Milaje of Black Panther and Ant Man + Wasp.
GM

Hot Stocks

09:17 EDT General Motors procures RapidDeploy's Radius Mapping solution - RapidDeploy announced its Radius Mapping solution has been procured by General Motors' OnStar for its call centers, supporting its delivery of its emergency services and OnStar Advisors. This implementation signifies RapidDeploy's expansion from serving the Public Safety market, to focusing on Enterprise customers as well. The Radius Mapping solution is uniquely positioned to add immediate value to any Public Safety or commercial call center that needs to visualize IoT signals and location data on a map. Radius Mapping is compatible with a myriad of telephony solutions to provide seamless integration and total Unified Communications capabilities to all OnStar call centers. OnStar selected RapidDeploy for improved location accuracy and situational awareness as they continue to expand their emergency services beyond the GM vehicle, offering added peace of mind to more people in more places, and will employ RapidDeploy's cloud-native response technology for OnStar Advisors. When OnStar Emergency-Certified Advisors1 are notified of traffic crashes, RapidDeploy Radius Mapping provides real-time, relevant data to quickly assess the situation and promptly get pertinent information to 9-1-1 centers. Advanced mobile location data, along with network data, and critical IoT data like traffic flow and cameras, are used to quickly locate traffic incidents.
RTX

Hot Stocks

09:16 EDT Raytheon Technologies to move global headquarters to Arlington, Virginia - Raytheon Technologies announced that it will establish its global headquarters in Arlington, Virginia. The location increases agility in supporting U.S. government and commercial aerospace customers and serves to reinforce partnerships that will progress innovative technologies to advance the industry. Washington, D.C. serves as a convenient travel hub for the company's global customers and employees. The company will maintain its strong U.S. presence which includes 600 facilities across 44 states and territories. Each of the company's four business units currently have operations in Virginia. The new global headquarters office will be in Arlington's Rosslyn neighborhood alongside the Raytheon Intelligence and Space business. Raytheon Technologies has not accepted or sought any financial incentives from any state or municipality to support the establishment of the global headquarters office in Virginia.
AI

Hot Stocks

09:16 EDT C3.ai, Koch Industries announce renewal, expansion of contract - C3 AI announced the renewal and expansion of its contract with Koch Industries. The new agreement extends across Koch's diverse group of companies, building upon the existing relationship and enabling Koch to further leverage C3 AI's technology across a variety of industries. Under the new five-year agreement, Koch Industries will have the opportunity to build more custom enterprise applications on the C3 AI Application Platform, as well as deploy C3 AI Applications, including C3 AI Reliability, C3 AI Energy Management, C3 AI Inventory Optimization, C3 AI Supply Network Risk, C3 AI Production Scheduling Optimization, and C3 AI Sourcing Optimization. The agreement also gives Koch analysts access to C3 AI Ex Machina, a no-code solution that allows all of Koch's companies to create powerful AI decision-making tools and analytical models.
MTTR

Hot Stocks

09:15 EDT Matterport donates digital twin technology to SBP - Matterport announced that SBP, a U.S.-based non-profit organization focused on disaster resilience and recovery, has been selected as a partner organization for Matterport's Exploration to Equity social impact program. SBP, formerly known as the St Bernard Project, received a donation of Matterport products and services to create digital twins that will be used in its FEMA Appeals program to assist communities and help reduce the time between disaster and recovery for people that have been impacted by the devastating tornadoes that struck the Midwest in December 2021.
QLGN

Hot Stocks

09:15 EDT Qualigen announces IND-enabling studies to advance lead program QN-302 - Qualigen Therapeutics announces it has initiated Investigational New Drug, or IND-enabling, studies for its lead therapeutic program, QN-302. These initial safety and pharmacology studies represent an important milestone for QN-302, which is being developed to treat pancreatic cancer, and potentially prostate cancer and other solid tumors The Company also announces that it has established an in vivo maximum tolerated dose of QN-302, which corroborates a therapeutic window for target indications as demonstrated in earlier efficacy studies. Qualigen's recently initiated IND-enabling studies, combined with the data package in-licensed from University College London , align with the timeline for the submission of an IND application to the U.S. Food and Drug Administration during the first half of 2023.
AMD

Hot Stocks

09:15 EDT AMD announces senior notes offering - AMD announced that it intends to offer, subject to market and other conditions, senior notes in an underwritten public offering. The Notes will be senior unsecured obligations of the Company. AMD intends to use the net proceeds from this offering for general corporate purposes. Barclays Capital Inc., BofA Securities, Inc., Credit Suisse Securities LLC, J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC are acting as joint book-running managers and underwriters for the Offering.
EL

Hot Stocks

09:14 EDT Estee Lauder strengthens fulfillment network with new distribution center - The Estee Lauder announced the opening of its new distribution center located in Galgenen, Switzerland to accommodate the future growth of its global Travel Retail business. This new 300,000 square foot facility expands upon the company's existing distribution footprint in Switzerland and will enable ELC to remain at the forefront of delivering its beauty products and services to traveling consumers around the world.
INTA

Hot Stocks

09:14 EDT Lightfoot, Franklin & White selects Oneplace Marketing & Business Development - Intapp announced that Lightfoot, Franklin & White, a trial and appellate firm serving the litigation needs of clients across the U.S., has selected OnePlace Marketing & Business Development as its new client relationship management suite.
KN

Hot Stocks

09:14 EDT Knowles and Fluent.ai team on embedded voice recognition for home appliances - Fluent.ai, announces its expanded partnership and collaboration with Knowles to deliver fully offline, noise robust and multilingual/multi-accent voice control for washing machines and other home appliances. "The use-case possibilities are endless with our joint solution for embedded voice control with Fluent.ai. From our original partnership integrating our technology into TWS earbuds, we have since evolved it to the control of smart home appliances. The current experience of controlling your appliances with voice using a smart speaker offers a poor customer experience - one which is difficult to install and has latency as the appliances have to wait while the voice command makes its round trip to cloud and back. Moving the audio processing to the edge embedded in white goods solves this to create an easy-to-use and responsive voice interface. Fluent's technology helps us fit voice UI into a cost-effective module with a large library of voice commands and phrases to control white good appliances," said Mehul Kochar, Sr. Director Business Development, Audio Solutions at Knowles
CSSE

Hot Stocks

09:13 EDT Crackle Plus enters CTV ad inventory agreement with Amagi - Amagi announced a Connected TV (CTV) ad inventory agreement with streaming platform and content owner Crackle Plus. Amagi's ADS PLUS is one of the largest first-party ad platforms in the CTV advertising landscape, supporting over 700 content brands on 2,000+ channels and delivering over 50 billion ad impressions. The massive supply of premium CTV inventory caters to the needs of both buyers and sellers through a unified CTV ad marketplace, backed by its proprietary advanced ad insertion technology and progressive ad technology. The deal between Amagi and Crackle Plus signals the industry interest in a new form of advertising agreement in the CTV marketplace: one that highlights the monetization opportunities for content owners and platforms in the CTV ecosystem as advertisers look to shift their ad budgets from traditional cable to fast-growing ad-supported streaming models.
BRLT

Hot Stocks

09:12 EDT Brilliant Earth launches men's fine jewelry collection - Brilliant Earth Group announced the launch of a collection of men's fine jewelry. Building upon the brand's signature men's wedding bands, the 22-piece collection modernizes traditional silhouettes with sleek, high polish finishes and quality craftsmanship while furthering Brilliant Earth's commitment to creating a more ethical and transparent fine jewelry industry, featuring 93% recycled gold and 99.8% recycled silver fine jewelry. Styles from the Men's Fine Jewelry Collection range from $195 to $2,995 and will be available to purchase exclusively at all 19 Brilliant Earth Showrooms and online at www.BrilliantEarth.com, beginning June 7, 2022.
PAYO FISV

Hot Stocks

09:12 EDT Payoneer Global, Fiserv collaborate to streamline cross-border payments - Payoneer (PAYO) and Fiserv (FISV) have teamed up to streamline how businesses deliver payouts to sellers, vendors, contractors, and consumers across borders. The collaboration allows businesses to access Payoneer's payouts platform via the Carat operating system from Fiserv, enabling the delivery of payouts all over the world, while reducing the accompanying costs. "Today's businesses realize that success and resilience against the unexpected both necessitate a diverse global network of customers and vendors," said Robert Clarkson, Chief Revenue Officer at Payoneer. "This has created exponential demand for easy and secure payment solutions to support cross-border transactions. We're proud to partner with Fiserv to fuel the growth of our mutual clients, and to move forward on our mission of giving businesses of all sizes the tools to be successful locally and globally."
BCRX

Hot Stocks

09:11 EDT BioCryst announces approval of ORLADEYO by Swissmedic - BioCryst Pharmaceuticals announced that Swissmedic has granted marketing authorization for oral, once-daily ORLADEYO for the routine prevention of recurrent hereditary angioedema attacks in patients 12 years and older in Switzerland. ORLADEYO was safe and well tolerated in clinical trials. The most frequently reported adverse reactions in patients receiving ORLADEYO compared with placebo were gastrointestinal reactions. These reactions generally occurred early after initiation of treatment with ORLADEYO, became less frequent with time and typically self-resolved.
GEVO

Hot Stocks

09:10 EDT Gevo in new fuel sales pact with Japan Airlines for 5.3M gallons over 5 years - Gevo announces a new fuel sales agreement with Japan Airlines . The Agreement outlines the details for the purchase of 5.3M gallons per year of sustainable aviation fuel for five years with deliveries expected to begin in 2027.
VRSK

Hot Stocks

09:09 EDT Verisk Analytics, LIMRA partner to combat fraud - LIMRA and Verisk are partnering to deliver greater capabilities to insurers and recordkeepers to help them combat fraud and financial criminal attacks on their customers. FraudShare, LIMRA's latest industry solution developed in conjunction with its members to address common industry challenges, helps leading financial services firms combat the growing prevalence of account takeover fraud in life insurance, annuity and retirement plan accounts. Launched in October 2019, FraudShare now serves 53 companies, representing 70% of the U.S. life market, 60% of the U.S. annuity market and 25% of the retirement services market. This partnership expands Verisk's extensive anti-fraud portfolio, which includes ClaimSearch, the world's largest database of property/casualty claims, used by more than 90% of the property/casualty industry, as well as for life insurance, long-term care and disability claims. Initially, LIMRA and Verisk will focus on building more robust solutions while improving overall automation. This will include integration with Verisk's FAST life insurance platform, providing joint clients real-time access to FraudShare and additional threat intelligence data. The partnership will offer all FraudShare users enhanced threat intelligence data and expanded data analytics and automation capabilities. Through this partnership, LIMRA and Verisk will enable FraudShare clients to mitigate a wider range of fraud threats facing the insurance, retirement and recordkeeping industries.
DISH

Hot Stocks

09:09 EDT OneStream expands partnership with DISH Network - OneStream announces its expanded partnership with DISH Network to unify its corporate performance management solutions adding additional users to OneStream's Intelligent Finance platform. "OneStream proved to be an integral partner to not only replace our legacy systems, but to also streamline our financial processes with one unified platform," said Kyle Bemis, SVP of Finance, DISH Network. "OneStream's system provides the insights and data we need for agile decision-making while remaining flexible enough to grow with the company over time."
AVPT

Hot Stocks

09:07 EDT AvePoint solutions available on Microsoft AppSource - AvePoint announced the announced the availability of four new solutions on Microsoft AppSource, an online cloud marketplace providing tailored line-of-business solutions. By continuing to expand its over 20-year relationship with Microsoft, AvePoint remains committed to making it easier for businesses to secure and manage their digital collaboration data.
FTNT

Hot Stocks

09:07 EDT Fortinet announces Public Sector Advisory Council - Fortinet announced its Fortinet Public Sector Advisory Council, The Fortinet Council includes highly esteemed global leaders, including: Gary Locke, Rachelle Chong, James R. Clapper, Peter Jennings, Sir Richard Shirreff, and Suzanne Spaulding. The members have excelled in a variety of government roles and missions and understand firsthand the value of public-private partnership and the critical importance of cybersecurity today. As part of the Council, members will contribute strategic counsel and leadership on some of the world's most critical cybersecurity challenges across the breadth of the public sector-both within the US and internationally, expanding Fortinet's commitment to securing public sector organizations worldwide.
PUBM ZEN

Hot Stocks

09:07 EDT PubMatic names Zendesk CFO Glaser and JFrog CFO Shulman to board - PubMatic announced two appointments to the company's board of directors. Shelagh Glaser, Chief Financial Officer at Zendesk and Jacob Shulman, Chief Financial Officer at JFrog Ltd. The new board members bring decades of financial and public company leadership experience to their new roles at PubMatic. Both appointees will serve as members of the Audit Committee. "I'm looking forward to partnering with PubMatic's strong management team to achieve the company's strategic vision and drive growth," said Glaser. "PubMatic's disciplined execution has impressed me and I believe there's an opportunity for the company to become a formidable leader in the online advertising industry. "I have been very impressed with PubMatic's vision and tremendous opportunity to transform the digital advertising industry," said Shulman. "I am honored to join the board at such an exciting time in the company's trajectory and look forward to working with the rest of the board and the executive team to help PubMatic to expand its business and scale globally."
FBRX MTCR

Hot Stocks

09:07 EDT Forte Biosciences appoints Chen as CSO, President - Forte Biosciences (FBRX) announces that Dr. Hubert Chen, MD has joined the company as Chief Scientific Officer, CSO, and President. Prior to joining Forte, Dr. Chen was the Chief Medical Officer of Metacrine (MTCR), a clinical-stage company focused on the treatment of liver and gastrointestinal diseases.
PRGS

Hot Stocks

09:06 EDT Progress Software opens registration for Progress360 - Progress announced the opening of registration for Progress360, including DevReach and ChefConf. With a focus on customers, community and innovation, the multi-dimensional event will address head-on the biggest challenges faced by technology and information security professionals today.
BTC...

Hot Stocks

09:06 EDT Crypto stocks slip as bitcoin falls back below $30,000 - Stocks levered to bitcoin prices are tracking lower in pre-market trading as the cryptocurrency fell back below the $30,000 level overnight, with the low around $29,200 seen as the lowest level in about a week. Bit Digital (BTBT) is down 3.1% at $1.57, Riot Blockchain (RIOT) is down 3.6% at $6.14, Marathon Digital (MARA) down 3.6% at $8.61, and Coinbase Global (COIN) down 4.8% at $67.30.
LCID BAC

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09:05 EDT Lucid unveils Lucid Financial Services with Bank of America - Lucid Group (LCID) unveiled Lucid Financial Services, "an all-new digital platform offering a flexible, fast and easy financing process, including lease and loan purchase options to Lucid Air customers." The program is accessible to U.S. customers now taking deliveries of Lucid Air Grand Touring models and will also be available to customers taking delivery of Touring and Pure models later this year, Lucid said. Lucid Financial Services is offered to Lucid Air customers as part of a strategic relationship with Bank of America (BAC). "Lucid Air customers have requested flexible financing options, including lease and loan purchase, with many of them preferring a 100% digital experience," said Amira Aly, Lucid's Director of Financial Services. "Lucid Financial Services is all about delivering a best-in-class finance journey from online application to e-signing with full transparency of terms and flexible purchasing options. Our goal is to transform vehicle financing by introducing new processes that enable our customers to experience the luxury and technology of Lucid electric vehicles."
SUMO

Hot Stocks

09:04 EDT Sumo Logic unveils Sumo Logic Threat Labs unit - Sumo Logic unveiled Sumo Logic Threat Labs, a threat research and security detection unit. The Threat Labs unit is among the expanded services and tools from Sumo Logic to help customers modernize security operations and achieve greater cyber-resilience. Sumo Logic will showcase the functionality of its security intelligence solutions from Booth #5463 at the RSA Conference 2022 this week in San Francisco. The Sumo Logic Threat Labs Unit is built to deliver a continuous stream of deep detection content, rapid response guidance, and actionable best practices to Sumo Logic security customers. The team is staffed with domain experts with backgrounds in forensics, incident response, and red/blue teaming, as well as offensive and defensive cyber operations in the United States military and intelligence services. Informed by deep human expertise, the Threat Labs Unit will also play a larger role in contributing advanced detection logic and best practices to the security community to help collectivize the defense.
SEIC

Hot Stocks

09:04 EDT SEI to launch program to enhance talent attraction - SEI announced the company is launching a multi-faceted approach designed to enhance talent attraction and development to drive future growth. During the first phase, SEI is offering an enhanced voluntary separation program to long-tenured employees as part of its commitment to professional development and expanded responsibilities for current and new talent by increasing advancement opportunities. The program is available for eligible employees in the U.S. who meet the long-term tenure requirements and includes a severance package and the continuation of certain benefits. Eligible employees will have until early July to determine what is best for them personally and professionally, including continuing their professional journey at SEI. Employees who participate in the program are anticipated to finish their employment before the end of 2022. The departure dates for participating employees will be set based on management's determination of how best to ensure a smooth and successful transition of responsibilities. The financial impact, which is not measurable at this time, will be included in SEI's third-quarter financial results.
MDGS

Hot Stocks

09:03 EDT Medigus says ScoutCam completes verification, validation for camera solution - Medigus announced that ScoutCamm of which Medigus has a 27.02% percent ownership stake, has completed the verification and validation stage of ScoutCam's miniature camera solution with a Fortune 500 company. The announcement comes as ScoutCam prepares to commence mass production and enter the supply stage of its proprietary, patented equipment for delivery to the Fortune 500 customer. With this important V&V phase complete, ScoutCam believes sales revenue could reach tens of millions of dollars as ongoing supply agreements with the customer accumulate in the coming years.
BLZE

Hot Stocks

09:02 EDT Backblaze announces general availability of Cloud Replication - Backblaze announced general availability of Cloud Replication-a new service that automatically stores data to different cloud locations. Customers want to replicate data to support evolving compliance needs, bring data closer to their customers and staff, or to enhance data durability. Backblaze makes all of this easy with Cloud Replication. New and existing customers can use it immediately by clicking on Cloud Replication within their Backblaze accounts. Previously, this service was only available in expensive, complicated offerings from traditional cloud vendors. Backblaze is democratizing replication by providing the same tools and performance in a manner that won't burden IT teams or break budgets.
DMRC SEE

Hot Stocks

09:02 EDT Digimarc partners with Sealed Air - Digimarc (DMRC) announced the company has partnered with Sealed Air (SEE), to bring product digitization to markets like food proteins, eCommerce fulfillment, industrials, and consumer goods at scale through smart packaging. Product digitization allows brands to maximize the value of every package to deliver on consumer demands for authenticity, sustainability, and personalized consumer experiences. Product digitization also drives operational improvements by illuminating a product's supply chain journey.
NUE

Hot Stocks

09:01 EDT Nucor to acquire Summit Utility Structures, Sovereign Steel, terms not disclosed - Nucor announced that it has entered into an agreement to acquire Summit Utility Structures LLC and related company, Sovereign Steel Manufacturing LLC, producers of metal poles and other steel structures for utility infrastructure and highway signage. These companies will become part of a new business unit, Nucor Towers & Structures, serving the utility, transportation and telecommunication sectors. While the acquired companies are ideally suited to service the markets in the Northeast part of the U.S., Nucor's plan is to establish a nationwide footprint able to service all customers throughout North America.
LWLG

Hot Stocks

08:57 EDT Lightwave Logic calls Kerrisdale Capital report 'false and misleading' - "Lightwave Logic provided a response to a report issued by short selling firm Kerrisdale Capital about Lightwave Logic that the company believes contains statements that are false and misleading. By its own admission, Kerrisdale Capital does not stand by the accuracy, timeliness, or completeness of its misleading report. At the time of the misleading report's publication, Kerrisdale Capital declared that it held short positions and put options on Lightwave Logic's common stock. The misleading report is not an independent and disinterested report, its primary purpose is to devalue the company's stock price in order for the short selling firm to profit at the expense of Lightwave Logic's shareholders. Lightwave Logic stands by all past statements contained in its press releases, investor presentations and filings with the U.S. Securities and Exchange Commission as it continues on its path to revenue. Lightwave Logic continues to expand its activities and operations with the objective of commercializing its electro-optic polymer technology, and it continues to focus on creating value for its shareholders."
WRAP

Hot Stocks

08:53 EDT Wrap Technologies appoints Carlos Casas as VP, Sales & Marketing - Wrap Technologies welcomes Carlos Casas as the new Vice President of Sales & Marketing. Casas will be responsible for implementing a global sales strategy and leading Wrap's team of experts to meet projected sales goals. Casas joins Wrap following a long career in building global sales initiatives for companies like IBM and GoPro.
ITRI

Hot Stocks

08:52 EDT Itron released its 2021 Environmental Social Governance report - Itron released its 2021 Environmental Social Governance, ESG, Report, highlighting its commitment to long-term sustainability through advanced initiatives which increase efficiency and reduce carbon emissions. Through its advanced technology solutions and partnership with utilities, Itron is enhancing efficient management of energy and water as well as educating consumers on how to take an active role in managing resource use. As part of Itron's ESG strategy, the company has set aggressive objectives and enterprise initiatives that align efforts with the United Nation Sustainable Development Goals including: Fifty percent reduction in Scope 1 and Scope 2 greenhouse gas emissions by 2028; Carbon-neutral operations by 2035; Net zero by 2050 or sooner; Pledge to assist and enhance consumers and utilities to improve their sustainability through advanced solutions and services. "We are facing a critical time in history where today's decisions on how we conserve and manage our energy and water resources will shape the lives of future generations," said Tom Deitrich, Itron's president and CEO. "Itron continues to build sustainability and ESG initiatives into every aspect of our operations and push the industry to do so as well by offering innovative solutions for utilities and their customers and working with our employees to unlock their resourcefulness. Our efforts are aligned with the U.N. Sustainable Development Goals, and as a participant of the U.N. Global Compact, we adhere to its principles-based approach to responsible business practice and further Itron's vision to create a more resourceful world."
AREC

Hot Stocks

08:51 EDT American Resources completes first phase commissioning of Noblesville facility - American Resources Corporation announced that its majority-owned American Rare Earth division has successfully completed the first phase of commissioning of its critical and rare earth element isolation and purification facility in Noblesville, Indiana enabling the Company to progress to preparing its chromatography columns for initial production.This commissioning phase of American Rare Earth's processing facility was focused on ensuring that the flow rates, pressurization and valves operated as they're intended. The team is now finalizing the preparation of their chromatography columns and moving towards initial throughput of material and production of isolated and purified rare earth elements. The Company estimates having its battery material production line, with the ability to purify individual battery elements, completed by the end of the third quarter of this year.
ARMK

Hot Stocks

08:51 EDT Aramark, Starr announce plans for new restaurant at Wells Fargo Center - Wells Fargo Center, Aramark Sports + Entertainment, and Starr Restaurants announced plans for a new sit-down restaurant concept at Wells Fargo Center. This will mark Aramark and Starr Restaurants' first full-scale restaurant project as part of the strategic collaboration announced by the two Philadelphia-based organizations in 2021. The restaurant will replace The Grille at Wells Fargo Center in South Philadelphia and is expected to open in October at the start of the 2022-23 NHL and NBA seasons. "As we work closely with Starr Restaurants and Wells Fargo Center to develop this new concept, Aramark is focused on the ways in which we can showcase our culinary agility and customize the game-day experience to meet the needs of our client and the expectations of fans," said Alison Birdwell, President and CEO of Aramark Sports + Entertainment. "This is an exciting collaboration between three industry leaders, and we can't wait to deliver a brand-new experience that leverages the creativity and expertise of all parties involved."
NBIO

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08:50 EDT Nascent Biotech completes third cohort in Phase 1 human trial for brain cancer - Nascent Biotech is pleased to announce the completion of the Third cohort in dosing patients for its Phase I trial for Brain Cancer. After reviewing the data gathered from the first three cohorts, this milestone will allow the trial to advance to the fourth and possibly final cohort. Patient enrollment will continue for Phase I. Anyone interested may review trial requirements at www.clinicaltrials.gov, then search Pritumumab.
DUOT NVDA

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08:49 EDT Duos Technologies Group joins Nvidia Metropolis partner program - Duos Technologies Group announced it has joined the NVIDIA Metropolis partner program. Metropolis is an application framework and set of developer tools that bring to market a new generation of vision artificial intelligence applications to make the world's most important spaces and operations safer and more efficient.
CBAY

Hot Stocks

08:49 EDT CymaBay CEO buys $100K in common stock - In a regulatory filing, CymaBay disclosed that its CEO Sujal Shah bought 51.3K shares of common stock on June 6th in a total transaction size of $100K. Shares of CymaBay are up 8.2% in pre-market trading.
LMAO

Hot Stocks

08:48 EDT SeaStar Medical and SPAC LMF Acquisition publish SCD 005 clinical study data - SeaStar Medical and LMF Acquisition Opportunities , a special purpose acquisition company, announced the publication of results from SeaStar Medical's pilot SCD 005 clinical study to evaluate the safety and clinical outcomes of extracorporeal immunomodulation treatment with SeaStar Medical's Selective Cytopheretic Device in COVID-19 patients with multiple organ failure in the intensive care unit . The article, "Extracorporeal Immunomodulation Treatment and Clinical Outcomes in ICU COVID-19 Patients," was published in the May 2022 issue of the Society of Critical Care Medicine's Critical Care Explorations. "The study met its primary endpoints, and the results published in Critical Care Explorations are an important step in validating the role neutrophils and monocytes play as the effector cells responsible for a dysregulated systemic inflammatory response. By removing the most activated neutrophils and monocytes from circulation, the SCD's immunomodulatory impact enables a return to a regulated healing process," said Dr. H. David Humes, professor of nephrology at University of Michigan, one of the lead investigators of the study and a director of SeaStar Medical.
ORBT

Hot Stocks

08:47 EDT Orbit International's Electronics Group reports May bookings of $2.8M - Orbit International announced that its Electronics Group reported bookings in excess of $2,800,000 for the month of May 2022. Deliveries for certain of these orders have already commenced and are expected to continue through the second quarter of 2023.
CHX

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08:46 EDT ChampionX closes debt refinancing - ChampionX Corporation announced that it has refinanced its existing credit facilities with a restated senior secured credit facility, amending and restating its 2018 senior secured credit facility. The restated agreement provides a $625 million 7-year term loan B and a $700 million 5-year revolving credit facility. The Company will use the proceeds from the term loan, and an initial draw from the revolving credit facility, to repay outstanding amounts under its 2018 senior secured credit facility and repay and terminate its 2020 term loan facility, and to redeem all outstanding 6.375% Senior Notes due 2026. Proceeds from future draws of the revolving credit facility will be used for working capital and other general corporate purposes.
SNWV

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08:45 EDT Sanuwave Health says estimated May revenue up 96% y-o-y - On June 7, 2022, SANUWAVE Health provided an update on May's sales funnel, system trials, and initial estimates of revenue as compared to the year prior. SANUWAVE is excited to announce funnel, trial, and estimated revenue increases for the month of May. During May, the sales funnel increased 5% to $21.1 million, while system trials increased 2%, bringing the total number of active trials to 103. The estimated revenue for May has also increased to 96% year over year due to an increase in recurring revenue and conversions from evaluations. These increases provide excellent visibility on the progression of revenue for the second quarter and will be monitored closely as the sales team attempts to convert evaluations to closed deals. SANUWAVE notes that they do expect volatility in these numbers throughout the year but are committed to sharing the data monthly throughout 2022.
BVXV

Hot Stocks

08:44 EDT BiondVax receives 'supportive' advice from PEI for Covid-19 NanoAb plans - BiondVax Pharmaceuticals announced receipt of supportive minutes of its recent Scientific Advice meeting with the Paul Ehrlich Institute in Germany. The Scientific Advice addressed preclinical, clinical, and manufacturing development plans for the COVID-19 NanoAb therapy that BiondVax is developing based on an exclusive license from Max-Planck-Innovation GmbH and an accompanying research collaboration with the Max Planck Institute for Multidisciplinary Sciences and University Medical Center Gottingen. The Scientific Advice Meeting minutes sent by PEI state, "Generally, the PEI concurs with the proposed proof-of-concept study...and the overall nonclinical strategy that are required to support further clinical development as well as potential regulatory approval." Notably, PEI indicated support for conducting a combined Phase 1/2a first-in-human clinical trial that would include patients with confirmed COVID-19 infection. This would allow BiondVax to assess safety and efficacy in a single trial rather than the typical two trials, and therefore significantly accelerate its development timeline. This combined Phase 1/2a trial would follow preclinical proof-of-concept and toxicology, with a target start date in 2023.
FNGR

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08:44 EDT FingerMotion announces sponsorship of LD Micro Invitational Conference - FingerMotion is pleased to announce its participation as a Gold Sponsor at the 12th Annual LD Micro Invitational Conference to be held at the Four Seasons Westlake Village, California. FingerMotion's main presentation is scheduled on Wednesday, June 8, 2022 at 2:30 p.m. PT. Martin Shen, CEO of FingerMotion, Inc. will be hosting the presentation.
QUBT

Hot Stocks

08:43 EDT Quantum Computing unveils QAmplify suite of quantum software technologies - Quantum Computing unveiled QAmplify, a suite of quantum software technologies that expands the processing power of any current quantum computer by as much as 20x. QAmplify is capable of supercharging any quantum computer to solve real-world realistic business problems today. The Company is actively working with customers and partners in scaling the amplification capabilities of its ready-to-run Qatalyst software, which is designed to eliminate the need for complex quantum programming and runs seamlessly across a variety of quantum computers. QCI has filed for patents on QAmplify technology.
IDAI

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08:42 EDT Trust Stamp accepts sign-ups for MetaPresence Vault waitlist - Trust Stamp announces that it is accepting sign-ups for the MetaPresence Vault waitlist. The innovative solution provides secure account credential and private key storage, ensuring personal wallets and digital asset keys are protected and accessible only to the user via their MetaSafe account, independent of platforms and service providers. Individuals can transact more freely across the metaverse with the enhanced utility of protected, interoperable access to their digital assets.
IIVI

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08:42 EDT II-VI completes tape-out of Steelerton DSP for 100 Gbps coherent transmission - II-VI Incorporated announced that it completed the tape-out of its Steelerton digital signal processor for 100 Gbps coherent transmission in optical access and aggregation networks. The growth of 5G wireless and high-speed broadband services is driving the explosive demand for coherent transceiver technology optimized for optical access networks. While service providers currently deploy coherent transceivers in core networks and datacenter interconnects, they are seeking new designs that meet their high volume, low cost, low power dissipation, and small size requirements for access networks. II-VI's Steelerton DSP, miniaturized and with ultralow power dissipation, typically of 2 W, was designed specifically to enable 100 Gbps digital coherent optics (DCO) in a pluggable QSFP28 format, one of the most widely deployed 100 Gbps transceiver form factors in access networks.
RDW

Hot Stocks

08:41 EDT Redwire awarded contract to manufacture link-16 antennas - Redwire announced that it has been contracted to deliver 42 high gain antennas for an undisclosed national security customer for a low-Earth orbit satellite constellation with significant follow-on potential. Scheduled to be delivered within the next 18 months, the antennas will enable beyond line-of-sight communications for the warfighter using a secured tactical network. This production lot will be manufactured in Redwire's recently expanded Longmont, Colorado facility, which utilizes modular array work cells that enable a factory capacity well in excess of 120 antennas.
OXY

Hot Stocks

08:40 EDT 1PointFive, Carbon Engineering announce direct air capture deployment approach - 1PointFive, a subsidiary of Occidental's Low Carbon Ventures business, and Carbon Engineering, announced a Direct Air Capture plant deployment approach to help execute large numbers of DAC projects around the world. The deployment approach standardizes the design of plants to help deliver complete, operationally ready DAC facilities to local partners. Through this process, plant components and equipment will be modularized, mass manufactured and then assembled on-site using an established supply chain of vendors. This approach combines the partners' DAC technology, large-scale carbon dioxide management, project experience and extensive storage infrastructure. CE will provide the DAC technology, while 1PointFive will build and deploy the DAC plants, leveraging Oxy's strong project engineering and delivery expertise. Local partners will complete the team, bringing complementary experience and regional expertise. From CE's dedicated DAC development and innovation centre in British Columbia, Canada, CE and 1PointFive are continuing to optimize DAC technology in real-world operations and reduce the cost of capture per tonne. The deployment approach also enables the swift introduction of next generation improvements into commercial facilities. 1PointFive has announced a scenario of deploying 70 DAC facilities by 2035, each with an expected capacity of up to 1 million tonnes per year, under current policy and voluntary and compliance market scenarios. The company estimates that up to 135 DAC facilities could be deployed with an increase in global policy initiatives and demand in the voluntary market. 1PointFive's first DAC facility is progressing through front-end engineering and design and is expected to be operational in late 2024 in Texas. Advance product sales for this facility, including agreements with Airbus, Shopify and ThermoFisher, and offtake frameworks, like the agreement with SK Trading International, signal the increasing demand from the voluntary market for large-scale, DAC-enabled climate solutions.
REAL

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08:39 EDT RealReal announces Founder Julie Wainwright to stepdown from CEO role - The RealReal announced that after 11 years of leadership, its Founder Julie Wainwright has decided to step down from her role as Chief Executive Officer, Chairperson and member of the board of directors of the Company, effective June 7. As part of the transition, the Board has appointed Rati Sahi Levesque, the Company's President and Chief Operating Officer, and Robert Julian, the Company's Chief Financial Officer, as Co-Interim Chief Executive Officers, effective June 7. The Board will retain an executive search firm to commence a comprehensive search process to identify a new Chief Executive Officer. To ensure a seamless transition, Ms. Wainwright has agreed to serve in an advisory role as the Founder through the end of 2022. "On behalf of the entire Board, I want to thank Julie for her leadership and commitment to The RealReal," said Rob Krolik, Lead Independent Director. "Julie is a true visionary and pioneer whose passion for sustainable retail and deep e-commerce expertise helped transform the luxury resale market and create the broader circular economy for the benefit of consumers across the country."
MINM BBY

Hot Stocks

08:38 EDT Minim announces WiFi 6 Modem/Router placement in Best Buy locations - Minim announces a retail shelf expansion with its first WiFi 6 Modem/Router product placement in hundreds of Best Buy locations across the United States. The Motorola MT8733 DOCSIS 3.1 Cable Modem comes with a powerful, built-in 4x4 AX6000 router; the motosync app, powered by Minim; and two phone lines for Xfinity Voice support. For the first time, Best Buy shoppers with Gigabit speed broadband plans and Xfinity Voice have the option to purchase their own modem/router and save on rental fees while improving their home network security and performance.
BLUE

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08:38 EDT Bluebird Bio announces posting of briefing documents for FDA advisory meeting - bluebird bio announced that the U.S. Food and Drug Administration, FDA, posted briefing documents for the FDA Cellular, Tissue and Gene Therapies Advisory Committee Meeting to review elivaldogene autotemcel for early active cerebral adrenoleukodystrophy, CALD, in patients without a matched sibling donor and betibeglogene autotemcel for the treatment of people with beta-thalassemia who require regular red blood cell transfusions. The advisory committee meeting will take place June 9-10, 2022.
RSI

Hot Stocks

08:38 EDT Rush Street adds online sportsbook to existing online casino in West Virginia - Rush Street Interactive announced it is adding its online sportsbook to its existing online casino at BetRivers in West Virginia. Now sports fans across the Mountain State, aged 21 and over, can join gaming enthusiasts to place bets quickly and securely from the integrated BetRivers iOS and Android apps and website. "We expect our BetRivers sportsbook app to be well received as many West Virginians are now familiar with the BetRivers brand and have come to appreciate and trust our high-quality products and responsive customer service," said Richard Schwartz, Chief Executive Officer of RSI. "We are pleased that our integrated app will provide one convenient location for players in West Virginia to switch effortlessly between the casino and sportsbook using phones, tablets and computers to experience all that we have to offer, from spreads, moneylines, parlays, single game parlays, and player props to slots, tables games, and live dealer experiences."
SPRC CMNDF

Hot Stocks

08:37 EDT SciSparc, Clearmind announces initial results for cocaine addiction treatment - SciSparc announced that initial positive pre-clinical results for treatment for cocaine addiction using MEAI, a novel psychedelic molecule of Clearmind Medicine. Pursuant to SciSparc last announcement on June 2, 2022, whereby the Company announced the collaborated filing of a provisional patent application related to treating cocaine addiction with Clearmind based on SciSparc's CannAmide compound and Clearmind's MEAI, the pre-clinical trials show possible positive results which may positively affect our collaboration. The pre-clinical trial was led by Professor Gal Yadid and his team from the Gonda Multidisciplinary Brain Research Center located at Bar Ilan University and was designed to evaluate the possible reward-like effects of MEAI. Four different doses of MEAI were compared to cocaine in the conditioned place preference model in male Sprague-Dawley rats. Rats received either MEAI or cocaine. Based on statistically significant reductions in the reward effect as compared to cocaine, it was determined that MEAI is not rewarding. Additionally, some rats that received cocaine were treated with MEAI on the test day to determine if MEAI has a treatment-like effect. Rats were conditioned with cocaine and on the day of the test were treated with MEAI. The results obtained suggest MEAI's ability to abolish cocaine induced conditioned place preference. The results of this ground-breaking research show potential for the first dedicated cocaine addiction treatment.
ALVR

Hot Stocks

08:37 EDT AlloVir reports preliminary Phase 2 data of VST therapy for treating BKV - AlloVir announced preliminary, blinded data from an ongoing Phase 2 study of posoleucel, an investigational, allogeneic, off-the-shelf, multi-virus-specific T cell, VST, therapy, for the treatment of BK viremia, BKV, in adult kidney transplant recipients. These data were shared in an oral plenary presentation at the American Transplant Congress, ATC, in Boston. This ongoing, randomized, double-blind, placebo-controlled Phase 2 study is evaluating the safety and tolerability of posoleucel for the treatment of BK viremia in 61 adult kidney transplant recipients with BK viremia between 350-10,000,000 copies/mL. Enrollment in the study has completed. At the time of the data cut-off for this preliminary blinded analysis, 61 patients had received at least one dose of posoleucel or placebo at a median of 458 days post-transplant. The primary study endpoint is safety and tolerability of posoleucel versus placebo. In this preliminary blinded analysis, headache, which was reported in six patients was the only adverse event judged by investigators to be related to study drug that occurred in more than 5% of patients. No grade 3-4 adverse events, treatment-related serious adverse events, treatment discontinuations due to adverse events, or deaths were reported. There were no cases of graft rejection and no episodes of graft versus host disease or cytokine release syndrome. One patient developed de novo donor-specific antibodies; these antibodies were not found to be directed against posoleucel antigens in the matching cell line. The key secondary endpoint of the study is change in BK viremia in patients receiving posoleucel versus those receiving placebo. Declines in median BK viral load were observed in this blinded dataset irrespective of the baseline BK viral load. At baseline, 34 patients had a viral load below 10,000 copies/mL. The median viral load in these 34 patients was 2,042 copies/mL on Day 1. Among the 14 patients who had reached the Week 12 timepoint at the time of this analysis, the median viral load had declined to 245 copies/mL. At baseline, 27 patients had a viral load above 10,000 copies/mL and the median viral load was 190,546 copies/mL at Day 1.
PFBC

Hot Stocks

08:37 EDT Preferred Bank re-commences buyback plan for up to approximately $32M in stock - Preferred Bank announced that it had received all the required approvals to continue its stock repurchase plan. In May of 2021, the Bank's shareholders approved a $50M share repurchase plan. Under that Plan, the Bank repurchased approximately $18M worth of common stock in the open market during 2021. In May of 2022, the Board of Directors elected to re-commence the repurchase plan which began in 2021. Therefore, this repurchase plan calls for the repurchase of up to approximately $32M of common stock in the open market.
CMNDF

Hot Stocks

08:36 EDT Clearmind announces pre-clinical results for cocaine addiction treatment - Clearmind Medicine announced pre-clinical results for its treatment for cocaine addiction using MEAI, its novel psychedelic molecule. The pre-clinical trial, led by Professor Gal Yadid and his team, from the Gonda Multidisciplinary Brain Research Center located at Bar Ilan University was designed to evaluate possible reward-like effects of MEAI, on male Sprague-Dawley rats based on the Conditioned Place Preference model. Rats previously conditioned with cocaine received either cocaine or MEAI at doses of 2.5, 5, 10 and 20 mg/kg. Rats treated with MEAI spent less time in the compartment associated with cocaine. Results suggest a potential role for MEAI in abolishing cocaine-induced conditioned place preference and eliminating heightened craving, and that the compound was not itself addictive. The 5 mg/kg dose was found the most effective dose and selected for further study. The results followed Clearmind's recent news regarding filing a provisional patent application related to cocaine addiction.
VLTA

Hot Stocks

08:36 EDT Volta and Catalina announce partnership - Catalina, which offers shopping behavior insights on U.S. households through its shopper intelligence platform, is establishing a strategic partnership with Volta. Volta's charging stations bring an inventory source to Catalina's place-based media offering.Volta's EV charging stations, equipped with large digital display screens, are strategically located steps from the entrances of popular retail, grocery, and entertainment venues. These premium placements influence consumers' shopping lists with eye-catching content presented on a sustainable medium within the uncluttered parking lot environment.
RSI

Hot Stocks

08:34 EDT Rush Street adds its online sportsbook to its existing online casino - Rush Street Interactive announced it is adding its online sportsbook to its existing online casino at BetRivers in West Virginia. Now sports fans across the Mountain State, aged 21 and over, can join gaming enthusiasts to place bets quickly and securely from the integrated BetRivers iOS and Android apps and website. "We expect our BetRivers sportsbook app to be well received as many West Virginians are now familiar with the BetRivers brand and have come to appreciate and trust our high-quality products and responsive customer service," said Richard Schwartz, Chief Executive Officer of RSI. "We are pleased that our integrated app will provide one convenient location for players in West Virginia to switch effortlessly between the casino and sportsbook using phones, tablets and computers to experience all that we have to offer, from spreads, moneylines, parlays, single game parlays, and player props to slots, tables games, and live dealer experiences."
ACER

Hot Stocks

08:34 EDT Acer Therapeutics has not yet received FDA decision on ACER-001 NDA - Acer Therapeutics announced that it has not yet received a decision from the U.S. Food and Drug Administration on its 505(b)(2) New Drug Application for ACER-001 for the treatment of urea cycle disorders. The NDA for ACER-001 for UCDs was accepted for review by FDA on October 5, 2021 at which time FDA assigned a PDUFA target action date of Sunday, June 5, 2022. FDA has informed Acer that review for ACER-001 is ongoing and the agency currently does not have a set target date. Under the Prescription Drug User Fee Act, FDA's review performance goal is to review and act on 90 percent of NDA submissions by the target action date. Acer will issue a press release once FDA has provided its written decision to the Company.
ZTS

Hot Stocks

08:33 EDT Zoetis announces agreement to acquire Basepaws - Zoetis announced an agreement to acquire Basepaws, a private company which provides pet owners with genetic tests, analytics and early health risk assessments. The acquisition will advance Zoetis' portfolio in the precision animal health space and will inform and shape its future pipeline of petcare innovations. Financial terms of the agreement are not being disclosed. "The Basepaws team has done an amazing job demonstrating how genetic testing and data can improve how we care for the pets in our lives," said Abhay Nayak, Executive Vice President of Strategy, Accelerated Growth Businesses and Commercial Development. "With the addition of Basepaws, Zoetis will continue to strengthen our portfolio of products for precision animal health, across genetics, diagnostics and data analytics for pets and livestock. We are also excited by how Basepaws' feline genomic and microbiome database will help enhance our R&D capabilities and inform the future of our petcare pipeline."
HALO

Hot Stocks

08:32 EDT Halozyme announces commercial launch of TLANDO - Halozyme Therapeutics announced the commercial launch of TLANDO, an oral treatment indicated for testosterone replacement therapy in adult males for conditions associated with a deficiency or absence of endogenous testosterone. TLANDO was approved by the U.S. FDA on March 28.
JAN

Hot Stocks

08:32 EDT JanOne announces patent covering method to improve nerve function with JAN101 - JanOne announced that a patent was issued that covers a method of improving nerve function using JAN101. JAN101, formerly known as TV1001SR, is a potential treatment for peripheral artery disease, or PAD, a vascular disease that affects more than 8.5 million people in the U.S. and more than 60 million people worldwide. "This patent further protects JanOne Inc.'s product for use in treating PAD by extending the use of JAN101 to treat the nerve damage caused by microvascular disease," said Tony Giordano, JanOne's Chief Scientific Officer. "Microvascular disease is a major problem for PAD patients: it leads to restricted blood flow in the affected limb, which in turn leads to nerve damage and severe pain. Recent studies have in fact suggested that PAD is a microvascular disease, so the observation that JAN101 improves microvascular and nerve function is crucial in treating this disease."
OSH

Hot Stocks

08:31 EDT Oak Street Health announces plans to enter Colorado in 2022 - Oak Street Health announced plans to open centers in Colorado, marking its 21st state of operation. The centers will be located in Denver and Colorado Springs and are set to open in Fall 2022. The Company will also enter new cities in existing states with forthcoming centers in Augusta, Georgia; Lexington, Kentucky; and Grand Rapids, Michigan throughout the rest of 2022. "We are proud to grow our national footprint and bring our unmatched patient experience and high-quality primary care to older adults in Colorado," said Mike Pykosz, Chief Executive Officer of Oak Street Health. "As we continue our mission to rebuild healthcare as it should be, it is imperative to reach new patients and ensure access to high-quality primary care. We look forward to introducing Medicare-eligible adults to Oak Street Health's model of care, as well as creating quality employment opportunities in the area."
TUP

Hot Stocks

08:31 EDT Tupperware Brands to sell Nutrimetics beauty business, terms not disclosed - Tupperware Brands announces that it has entered into a definitive agreement for the sale of its Nutrimetics beauty business, which operates in Australia, New Zealand, and France. This transaction advances the company's turnaround plan strategy of divesting non-core assets. Terms of the transaction, including the anticipated closing date, have not been disclosed. The sale of the Nutrimetics beauty business follows the company's sale of its Avroy Shlain beauty business in South Africa during the first quarter of 2021, and the sale of its House of Fuller beauty business in Mexico during the second quarter of 2022.
PHVS

Hot Stocks

08:31 EDT Pharvaris announces presentation of development program at the Kinin - Pharvaris announced the presentation of its development program at the Kinin 2022 Conference, to be held June 5-8, 2022, in Annecy, France. The satellite symposium titled, "Tailored drug development for patients living with HAE," was delivered on Tuesday, June 7 The satellite symposium explored the attributes and mechanism of HAE; the pharmacodynamic and pharmacokinetic characteristics of Pharvaris' novel, orally bioavailable, highly potent and selective B2 receptor antagonist; and, preclinical and clinical data supporting Pharvaris' development strategy of two oral therapies for both the on-demand and prophylactic treatment of all HAE attacks. "The data presented at Kinin 2022 demonstrate that our molecule shows rapid onset of effect, and, relative to icatibant, higher potency in a surrogate endpoint and longer half-life which may lead to more effective symptom mitigation," said Dr. Lesage. "Bradykinin-B2-receptor antagonism is effective in treating HAE but is currently unavailable as an oral treatment. Pharvaris is designing oral product candidates for both on-demand use, and prophylactic use, in the form of softgel PHVS416 capsules and extended-release PHVS719 tablets, respectively. The data presented in the satellite symposium support the development strategy implemented by Pharvaris to prevent and treat painful HAE attacks through a convenient oral route of administration."
JSDA

Hot Stocks

08:30 EDT Jones Soda, Simply Better Brands terminate LOI - Simply Better Brands and Jones Soda Co. announce that, due to current market conditions, SBBC and Jones have terminated the previously announced letter of intent. "We are disappointed that due to current market conditions we are unable to move forward with our intended transaction at this time. The Jones Soda brand is one we felt confident would add tremendous value to our existing platform and ultimately be accretive to shareholder value. We wish Jones management and their board much success in their future," says Kathy Casey, CEO of Simply Better Brands. "Due to the decline in current market conditions, we regrettably are unable to continue with the proposed transaction with SBBC. We are certain that Simple Better Brands and Jones will continue to find successful business opportunities in the future, despite this shift in direction for both companies," says Mark Murray, CEO of Jones Soda.
EVAX

Hot Stocks

08:29 EDT Evaxion Biotech expects cash to be sufficient through at least next 12 months - Evaxion had cash and cash equivalents of $31.4 million at the end of the first quarter of 2022 and expects its cash position, without proceeds from the Agreement, to be sufficient to fund operating expenses and capital expenditure requirements through at least the next 12 months.
EVAX

Hot Stocks

08:29 EDT Evaxion Biotech secures equity financing up to $40M from Lincoln Park - Evaxion Biotech announced that it has entered into a committed equity purchase agreement with Lincoln Park Capital Fund, for the issuance and sale, from time to time, of up to $40 million of its American Depositary Shares, each of which represents one ordinary share, DKK 1 nominal value, of the Company. Under the terms of the Agreement, Evaxion has the right, at its sole discretion, but not the obligation, to sell to LPC up to $40 million of its ADSs over the 36-month term of the Agreement, subject to certain conditions. Evaxion had cash and cash equivalents of $31.4 million at the end of the first quarter of 2022 and expects its cash position, without proceeds from the Agreement, to be sufficient to fund operating expenses and capital expenditure requirements through at least the next 12 months.
UNP

Hot Stocks

08:28 EDT Union Pacific joins RailPulse coalition - Union Pacific Railroad has joined the RailPulse coalition and its effort to develop, broaden and accelerate the use of GPS and other telematics technologies in North America's freight rail industry. Union Pacific is RailPulse's seventh member. The other six include GATX Corporation, Genesee & Wyoming, Norfolk Southern, TrinityRail, Watco, and The Greenbrier Companies. RailPulse was formed in 2020 as a coalition of forward-thinking railcar owners working together to increase safety, efficiency, and visibility in the rail industry by supporting the development and use of GPS and other telematics technologies. Its goal is to provide real-time information and sustained visibility of a railcar's status, location and condition to shippers, railcar owners and railroads.
OTMO RDWR

Hot Stocks

08:28 EDT Otonomo appoints Meir Moshe to its board of directors - Otonomo Technologies (OTMO) welcomes Meir Moshe to its Board of Directors. Moshe will work alongside fellow board members to further Otonomo's mission to deliver a new generation of mobility experiences and services. A seasoned technology veteran whose career spans over four decades, Moshe is known for his expertise in finance. At Radware (RDWR), he served as the CFO for 17 years. He also has extensive experience as a director and member of the audit committee for numerous public companies, including Ability Inc., Carasso Motors and Albert Technologies Ltd.
DSNKY

Hot Stocks

08:27 EDT Daiichi Sankyo announces results of Phase 1 study of DS-6000 - Daiichi Sankyo and Sarah Cannon Research Institute, Sarah Cannon, announced that initial results from the first-in-human phase 1 study of DS-6000, a CDH6 directed DXd antibody drug conjugate, ADC, suggest early clinical activity in patients with advanced ovarian cancer or renal cell carcinoma with disease progression following standard of care treatment. The data were presented today in an oral session at the American Society of Clinical Oncology Annual Meeting. Preliminary safety and efficacy results of DS-6000 were reported from the dose escalation part of the phase 1 trial in 30 heavily pretreated patients, including 21 patients with advanced ovarian cancer, one of which was missing a primary diagnosis of ovarian cancer, and nine patients with renal cell carcinoma. The safety and tolerability of DS-6000 was evaluated at increasing dose levels from 1.6 mg/kg to 9.6 mg/kg with two dose-limiting toxicities observed at the 9.6 mg/kg dose. The most common treatment-related emergent adverse events reported were nausea, fatigue, vomiting, neutrophil count decrease, decreased appetite, and diarrhea. Grade greater than or equal to 3 TEAEs occurred in seven patients, the most common of which were neutrophil count decrease, anemia and febrile neutropenia. One patient experienced grade 2 pneumonitis at the 9.6 mg/kg dose that led to treatment discontinuation. Preliminary efficacy results in 20 evaluable patients included six partial responses in patients with ovarian cancer and renal cell carcinoma. Four PRs were confirmed and two are awaiting confirmation. Stable disease was reported in 12 patients with platinum-resistant ovarian cancer. Eight CA-125 responses were observed in 17 evaluable patients with ovarian cancer, based on the Gynecologic Cancer Intergroup criteria.
EGLX

Hot Stocks

08:26 EDT Greywood intends to include Shinggo Lu on Enthusiast Gaming board - Greywood Investments, LLC, which, together with its associates and affiliates is the largest shareholder of Enthusiast Gaming Holdings, announced that it intends to include Shinggo Lu, Co-Founder and General Manager of U.GG, as a member of the new Board that would replace the Company's incumbent directors. U.GG was acquired by Enthusiast in November 2021. On June 3, 2022, Enthusiast announced it had awarded the vendors of Outplayed Inc., the company that owned U.GG prior to its sale to Enthusiast, 11.5 million shares to satisfy certain deferred earn-out payments, in advance. U.GG's founders and employees now collectively own approximately 6.75 million shares, or 4.5% of the issued and outstanding shares of Enthusiast. Greywood has previously nominated Jon Dakss, Raphael Danon, David Goldhill, Mark Klein, Janny Lee, and Dan Petrozzo to stand for election on Enthusiast's Board. Details on all seven people, and other information about the Upgrade Enthusiast campaign, can be found at www.UpgradeEGLX.com. Since announcing its annual meeting and record date, the Company has twice rescheduled both without providing any explanation. Shareholders will finally have the opportunity help the Company realize its full potential by voting for the new slate at the meeting on July 19, 2022.
CNXA

Hot Stocks

08:25 EDT Slinger completes beta test of ball launcher for Pickleball - Connexa Sports Technologies is pleased to announce that its flagship consumer brand, Slinger has completed the beta test of its new Ball Launcher for pickleball. Slinger has built a strong consumer brand in racquet sports over the past two years with its innovative Ball Launcher for tennis, which debuted in 2020 and is on track to eclipse $20m in sales this fiscal year with year-to-date revenue growth of 66 percent. This fall, the company will begin selling its Ball Launcher in pickleball commercially, which will be further enhanced by the Connexa Sports platform and ecosystem of leading video and AI technologies and software services, from AI analysis to live streaming and video content.
VORB

Hot Stocks

08:25 EDT Virgin Orbit announces joint mission between UK, US - Virgin Orbit announces that a joint mission between the United Kingdom's, UK, Defense Science and Technology Laboratory and the United States, US, Naval Research Laboratory, NRL, is expected to be lofted on the first space launch out of Spaceport Cornwall later this year. The government agencies' joint Coordinated Ionospheric Reconstruction CubeSat Experiment, CIRCE, is supported by the U.S. Department of Defense's Space Test Program, STP, which is organized under the U.S. Space Force's Space Systems Command, SSC. CIRCE will utilize two 6U CubeSats flying in tandem formation to measure the ionosphere and radiation environment from multiple vantage points. The mission will support the two countries' joint development of a wide range of civil and defense applications, including GPS, radar, communication systems, and sensing technology. "We are honored to host this joint mission between the U.S. and U.K. Governments on the launch from Cornwall," said Virgin Orbit CEO Dan Hart. "This demonstration, chosen to fly on the United Kingdom's first space launch from its territory, exhibits the powerful value of collaboration between our two countries and their mutual commitment to delivering the full value of space access for all."
BOXD

Hot Stocks

08:23 EDT Boxed announces addition to Russell 2000 Index - Boxed announced that the Company's stock will be added to the Russell 2000 Index, effective as of market open on June 27, 2022, according to a preliminary list of additions posted by FTSE Russell on June 3, 2022.
UNP...

Hot Stocks

08:21 EDT Union Pacific falls 4% to $216.11 after the company's updated view on margins - Peers Canadian Pacific (CP) is down 1.9%, CSX Corp (CSX) is down 1.9%, and Norfolk Southern (NSC) is down 2.1%.
OPRX

Hot Stocks

08:21 EDT OptimizeRx completes platform integration of TelaRep solution - OptimizeRx announced the completed integration of TelaRep's one-click prescriber connectivity solution on the Company's Therapy Initiation and Persistence Platform. Originally launched in April 2020, TelaRep has been adopted by the majority of OptimizeRx's EHR network partners and is now in use by over 200,000 HCPs. The TelaRep solution provides prescribers with "one-click" connectivity and ability to reach out to the right pharma contact any time they have a need, without leaving their EHR. TelaRep is currently the only digital healthcare communications solution that allows interactive communications between HCPs and manufacturers to be initiated from within a prescriber's clinical workflow.
ALPN PFE

Hot Stocks

08:21 EDT Alpine Immune Sciences appoints Sandler as CMO - Alpine Immune Sciences (ALPN) announced the appointment of industry veteran Andrew Sandler, M.D., as its Chief Medical Officer, CMO. Dr. Sandler joins Alpine from Kiadis Pharma, a Sanofi Company, where he was Chief Medical Officer. Dr. Sandler's anticipated start date is August 17, 2022. Dr. Sandler brings over 25 years of industry and clinical practice experience. Prior to his role at Kiadis Pharma/Sanofi, Dr. Sandler was Senior Vice President of Medical Affairs at Medivation (PFE).
RDVT

Hot Stocks

08:20 EDT Red Violet to be added to Russell 3000, Russell 2000 Indexes - Red Violet announced that it is set to join the broad-market Russell 300 Index and the small-cap Russell 2000 Index at the conclusion of the Russell US Indexes annual reconstitution, effective after the US equity markets open on June 27, 2022, according to a preliminary list of additions posted by FTSE Russell on June 3, 2022.
RMBL

Hot Stocks

08:19 EDT RumbleON announces 10-year exclusive agreement with City of Sturgis - RumbleOn announced that it has entered into an exclusive Sponsorship Agreement with the City of Sturgis, South Dakota for its annual City of Sturgis Motorcycle Rally event. This Sponsorship Agreement between RumbleOn and the City of Sturgis consists of a 10-year exclusive Powersports category sponsorship for the City of Sturgis Motorcycle Rally events and a prime downtown retail property lease through 2031. Peter Levy, RumbleOn President and COO stated, "There is no greater event in the motorcycle community for displaying the passion of ownership than the iconic City of Sturgis Motorcycle Rally. We are thrilled to memorialize our continued partnership with the City of Sturgis as their exclusive Powersports category sponsor." Levy continued, "Seldom do brands have the opportunity to promote their products on the biggest stage to the highest concentration of their most defined demographic. Every one of the hundreds of thousands of annual attendees sits on the seat of the motorcycles we proudly sell."
ICAD

Hot Stocks

08:19 EDT iCAD webinar series to highlight ProFound AI Risk - iCAD announced its next webinar, titled "Risk Assessment Reimagined," will feature leading experts who will discuss the significant impact of ProFound AI Risk for Digital Breast Tomosynthesis , including distinguished researchers from the Karolinska Institutet who assisted in the development of the technology and clinicians who are using it in daily practice. Part of iCAD's "ProFound Insights, ProFound Impact" webinar series, the live event will feature iCAD's Product Director of AI Solutions, Andjela Azabagic as moderator and will take place on Tuesday, June 21 at 10 am PT/1 pm ET/7 pm CEST. ProFound AI Risk is the world's first clinical decision support tool that provides an accurate short-term breast cancer risk estimation that is truly personalized for each woman, based only on her mammogram. New research supporting ProFound AI Risk was recently published in the peer-reviewed journal, Science Translational Medicine. According to study findings, ProFound AI Risk for DBT offers up to 2.4 times more accuracy than traditional lifetime risk models.
TRU

Hot Stocks

08:19 EDT TransUnion to make Epsilon data available via the TruAudience Data Marketplace - TransUnion announced a partnership to make data from Epsilon, an advertising and marketing technology company, available via the TruAudience Data Marketplace. The relationship marks one of the largest audience targeting partnerships across Connected TV, smart speakers and gaming consoles. Brands and agencies can now access audience insights from Epsilon's top-ranked consumer database of 250 million U.S. consumers mapped across TransUnion's household identity graph covering more than 80M U.S. connected homes. Through this partnership, brands and agencies can create custom audiences based on thousands of attributes, thereby allowing them to reach each person with personalized messages across channels.
SOFO

Hot Stocks

08:19 EDT Sonic Foundry appoints Snavely as General Manager of Vidable - Sonic Foundry has announced the appointment of Mike Snavely as General Manager of Vidable. In this new role, Snavely assumes overall responsibility for Sonic Foundry's new Vidable business unit, including go-to-market strategy, sales, and operations. Prior to joining Sonic Foundry, he worked on mergers and acquisitions and helped a number of Austin, Texas-area companies scale their operations. Vidable services are available to existing Sonic Foundry customers now with industry-wide access coming in early 2023.
UNP

Hot Stocks

08:19 EDT Union Pacific says fuel prices to pressure margins below original forecast - In a regulatory filing, the company states: "On June 7, 2022, CFO Jennifer L. Hamann and Kenny G. Rocker, Executive Vice President - Marketing and Sales of Union Pacific Railroad, the principal operating subsidiary of the company, addressed the 2022 UBS Global Industrials and Transportation Conference. Ms. Hamann reaffirmed that the company expects to achieve full year fiscal 2022 operating ratio improvement as compared to full year fiscal 2021 results. However, she provided that the increased pressure from fuel prices and other cost inflation as well as higher network costs will pressure incremental margins below the original forecast of mid-60 percent. The Company now expects all-in inflation, excluding locomotive fuel, for the full year to be around 4%. Ms. Hamann also presented that these same pressures make achievement of the company's full year operating ratio starting with a '55' unlikely."
OLK

Hot Stocks

08:18 EDT Olink, Element Biosciences collaborate for Olink Explore on Element AVITI system - Olink Holding and Element Biosciences announced a collaboration to enable use of the Olink Explore high-throughput proteomics platform with Element's next generation sequencing platform, the AVITI System, launched March 2022. Element and Olink have performed a technical proof-of-concept study demonstrating a high compatibility between Olink Explore and Element's NGS platform AVITI. Additional findings from the two companies' results will be discussed by Element during a panel discussion on June 8th at the AGBT general meeting in Orlando, Florida. Element and Olink are exploring more advanced means of seamlessly combining the existing Olink Explore product with Element's AVITI System in additional use cases. This non-exclusive collaborative framework is a continuation of Olink's strategy it has executed in NGS since 2020 and combines the strengths of both companies' technologies. These efforts are intended to provide Olink customers with options in choosing the sequencing platform that is optimal for their needs, and to expand the portfolio of applications for Element Biosciences customers.
AMRX

Hot Stocks

08:17 EDT Amneal Pharmaceuticals releases 2021 Corporate Responsibility Report - Amneal Pharmaceuticals announced the release of its second annual Corporate Responsibility Report. The report showcases the Company's continued progress in deepening its commitment to environmental, social, and governance integration across Amneal strategy, culture and operations. Updates on actions the Company has taken in key ESG areas are highlighted alongside the social impacts of our business as well as the latest information on our diversity data, employee development and well-being offerings, environmental programs and responsibility plans for 2022. "2021 was a year of continued evolution at Amneal. Our employees delivered a year of strong execution, including a robust cadence of new product innovations, enhanced operating efficiencies, and strategic M&A bolstering our core capabilities, pipeline, and portfolio. At the same time, we made meaningful progress in elevating our commitment to ESG and more deeply integrating responsibility within our business strategy, culture and operations," said Chirag and Chintu Patel, Co-Chief Executive Officers.
OMIC OLK

Hot Stocks

08:17 EDT Singular Genomics, Olink collaborate on Olink Explore on G4 Max Read Kits - Olink Holding and Singular Genomics Systems announced a collaboration to enable use of the Olink Explore high-throughput proteomics platform with the Max Read kits on the Singular Genomics G4 Sequencing Platform. Singular Genomics and Olink are pursuing an integrated end-to-end solution, pairing the existing Olink Explore assay and the newly announced Max Read kits on the G4. The Max Read kit will offer up to four billion reads per run across four flow cells and 16 independent lanes. The new kit is expected to be a strong solution for the Olink Explore assay that will translate into significant flexibility, cost, and throughput benefits. This non-exclusive collaborative framework is a continuation of Olink's strategy it has executed in NGS since 2020 and combines the strengths of both companies' technologies. These efforts are intended to provide Olink customers with options in choosing the sequencing platform that is optimal for their needs and to expand the portfolio of applications for G4 customers.
LMT

Hot Stocks

08:17 EDT Lockheed Martin selects MDA for SDA's Tranche 1 Transport Layer program - MDA Ltd. announced it has been awarded a contract from Lockheed Martin as part of the Space Development Agency Tranche 1 Transport Layer program. MDA will design and build antennas and antenna control electronics for the 42 low Earth orbit satellites to be produced by Lockheed Martin as part of SDA's T1TL constellation. This includes steerable Ka-Band and Link-16 antennas, as well as the satellites' GPS antennas.
IQV

Hot Stocks

08:16 EDT Iqvia appoints Mack as Chief Scientific Officer of RWS - IQVIA announced the appointment of Dr. Christina Mack to serve as chief scientific officer for the company's Real World Solutions, RWS, business, effective July 7, 2022. Christina is succeeding Dr. Nancy Dreyer, who is retiring after nearly two decades with IQVIA. In this new role, Dr. Mack will be responsible for guiding the design and execution of innovative real-world studies, using advanced enriched evidence to enable faster decision-making and help advance clinical practices. Prior to this appointment, Mack served as vice president of Epidemiology and Clinical Evidence.
OLK OMIC

Hot Stocks

08:16 EDT Olink, Singular Genomics collaborate for Olink Explore on G4 Max Read kits - Olink Holding announced a collaboration to enable use of the Olink Explore high-throughput proteomics platform with the Max Read kits on the Singular Genomics G4 Sequencing Platform. Singular Genomics and Olink are pursuing an integrated end-to-end solution pairing the existing Olink Explore assay and the newly announced Max Read kits on the G4. The Max Read kit will offer up to four billion reads per run across four flow cells and 16 independent lanes. The new kit is expected to be a strong solution for the Olink Explore assay that will translate into significant flexibility, cost, and throughput benefits. This non-exclusive collaborative framework is a continuation of Olink's strategy it has executed in NGS since 2020 and combines the strengths of both companies' technologies. These efforts are intended to provide Olink customers with options in choosing the sequencing platform that is optimal for their needs and to expand the portfolio of applications for G4 customers.
ASND

Hot Stocks

08:15 EDT Ascendis: TransCon PTH data in adult hypoparathyroidism to be presented at ENDO - Ascendis Pharma announced that its presentations at ENDO 2022 will include oral presentations of Phase 2 and Phase 3 data for its investigational product candidate TransCon PTH in adult hypoparathyroidism. During the meeting, which will be held in-person and virtually June 11-14 in Atlanta, Dr. Aliya Khan, M.D., Clinical Professor of Medicine at McMaster University and Director of the Calcium Disorders Clinic at McMaster University Medical Center, will give a late-breaker oral presentation of Phase 3 PaTHway Trial data for TransCon PTH in adult HP. m"This is the first Phase 3 trial in adult hypoparathyroidism in which the majority of treated patients achieved real control of their disease - that is, normalization of serum calcium, independence from conventional therapy, and a more normal patient-reported quality of life," said Dr. Khan. "Additionally, TransCon PTH was generally well-tolerated with no discontinuations related to study drug, and TransCon PTH-treated patients showed a mean decrease in 24-hour urine calcium excretion into the normal range. I am hopeful that, with these encouraging results, we are closer to changing the treatment paradigm for patients living with this under-recognized and often debilitating disease."
CYBN

Hot Stocks

08:14 EDT Cybin aquires DMT clinical study from Entheon Biomedical - Cybin announced that, through its wholly-owned subsidiary Cybin IRL Limited, it has entered into an agreement to acquire a Phase 1 N,N-dimethyltryptamine, DMT, study from Entheon Biomedical to accelerate the clinical development path for CYB004, Cybin's proprietary deuterated DMT molecule for the potential treatment of anxiety disorders. The Phase 1 EBRX-101 study, now named CYB004-E, is being conducted in the Netherlands at the Centre for Human Drug Research, a leading independent foundation specializing in innovative early-stage clinical drug research, in 50 healthy volunteers who smoke tobacco - making it the largest Phase 1 DMT clinical study conducted to date. Pending the close of the Acquisition, the CYB004-E study is expected to yield essential safety and dosing optimization data and will replace Cybin's planned pilot study for CYB004 that was expected to commence in the third quarter of 2022. Entheon will continue to support the CYB004-E study and act as external consultants to Cybin. "The most precious commodity in drug development is time and acquiring this robust Phase 1 study already underway potentially accelerates the CYB004 development program by approximately nine months. The PK findings from the CYB004-E study should also help to inform the clinical path forward for this innovative and proprietary molecule," said Doug Drysdale, Chief Executive Officer of Cybin. "This transaction also provides Cybin with access to a world-class research foundation and the privilege to work with the Entheon team, who offer a wealth of knowledge and expertise in this psychedelic class."
AUID

Hot Stocks

08:13 EDT authID.ai achieves ISO 27001:2013 certification - authID.ai announced the company is an ISO 27001:2013 certified provider whose Information Security Management System has received third-party accreditation from the International Standards Organization.
UNFI

Hot Stocks

08:13 EDT United Natural Foods jumps 7% to $48 after Q3 results beat, FY22 guidance raised
OXLC

Hot Stocks

08:12 EDT Oxford Lane estimates May NAV $5.87-$5.97 - Oxford Lane Capital announced the following net asset value estimate as of May 31, 2022. Management's unaudited estimate of the range of the NAV per share of our common stock as of May 31, 2022 is between $5.87 and $5.97. This estimate is not a comprehensive statement of our financial condition or results for the month ended May 31, 2022. This estimate did not undergo the Company's typical quarter-end financial closing procedures and was not approved by the Company's board of directors. We advise you that our NAV per share for the quarter ending June 30, 2022 may differ materially from this estimate, which is given only as of May 31, 2022. As of May 31, 2022, the Company had approximately 148.3 million shares of common stock issued and outstanding.
BAH

Hot Stocks

08:12 EDT Booz Allen awarded NASA CyPrESS contract - Booz Allen Hamilton announced it was awarded the National Aeronautics and Space Administration, NASA, Cybersecurity and Privacy Enterprise Solutions and Services, CyPrESS, contract-a hybrid indefinite-delivery/indefinite-quantity, IDIQ, single award contract with a total potential value of $622.5M-to provide a complete range of cybersecurity and privacy enterprise solutions and services for NASA's Office of the Chief Information Officer, OCIO. For the first time, this contract brings together all aspects of cybersecurity across the NASA enterprise under one contract to include IT systems, operational technology systems, and mission systems. Work will support all NASA centers and facilities from May 31, 2022 through September 30, 2023, with four option periods running through September 2030. "We're honored that NASA has awarded Booz Allen with the groundbreaking CyPrESS IDIQ contract, which seeks-for the first time-to centralize NASA's cybersecurity posture under one strategic line of work," said Andrea Inserra, executive vice president at Booz Allen Hamilton. "We recognize that NASA's current cyber needs must advance and evolve to protect its more complex missions of the future, and we look forward to building on our long-standing partnership to support NASA's important research, missions, and operations-paving the way to send humans beyond the Moon to Mars-while protecting its people, assets, and information from threats."
CBRL

Hot Stocks

08:12 EDT Cracker Barrel drops 5% to $96.50 after Q3 results miss estimates
POET

Hot Stocks

08:11 EDT Poet Technologies appoints Theresa Lan Ende as board advisor - POET Technologies announced that it has appointed Theresa Lan Ende, currently Chief Procurement Director of Arista Networks, as an advisor to the Company's Board of Directors. The Company also announced that it intends to nominate Theresa Lan Ende as a director at its Annual General Meeting currently scheduled for October 6, 2022.
BOX CRM

Hot Stocks

08:11 EDT Box announces updates to the Box for Salesforce integration - Box (BOX) announced enhancements to the Box for Salesforce (CRM) integration on the Salesforce AppExchange that enables customers to use Box as the content management solution for signature-based processes and workflows in Salesforce. Leveraging the power of Box Sign, customers can send Box files for signature directly within Salesforce. Also included in this release are new features and developer tools that make it easy for joint customers to generate and execute agreements from anywhere. "From streamlining customer relationships to closing deals from anywhere, we are excited to fuel growth for our customers," said Diego Dugatkin, Chief Product Officer at Box. "The innovation we are delivering today helps end-users work more fluidly with their Box content right from within Salesforce and gives developers additional flexibility to support a wide range of business processes. We are only scratching the surface of what Box and Salesforce can do together for customers, so you can expect to see even more developments between our two platforms in the future."
QRVO

Hot Stocks

08:10 EDT Qorvo announces QPA1724 amplifier - Qorvo announced a 20W GaN-on-SiC power amplifier for defense and commercial satellite applications, including low earth orbit constellations. Qorvo's QPA1724 amplifier operates at 17.3 to 21.2 GHz and offers twice the power of competing PAs, along with excellent wideband linear power, gain and power added efficiency in a compact surface mount package. The market-leading QPA1724 is optimized for wide bandwidth multi-carrier high data throughput satellite applications.
EYEN

Hot Stocks

08:09 EDT Eyenovia announces planned CEO transition - Eyenovia announced that Dr. Sean Ianchulev, co-founder, chief medical officer and chief executive officer, will step down as chief executive officer and transition to the role of non-executive Chairman of the Board. The definitive timeline for the transition will be determined over the next few weeks. The Company and its Board have retained an executive search firm to assist in identifying the Company's next chief executive officer. Dr. Ianchulev will continue as a consulting medical director for Eyenovia after the transition in order to support the ongoing clinical development activities and trials.
CBRL

Hot Stocks

08:09 EDT Cracker Barrel CEO cites 'high inflationary pressures' in Q3 - Commenting on the third quarter results Cracker Barrel President and CEO Sandra Cochran said, "A challenging macro environment, including deteriorating consumer sentiment and high inflationary pressures, impacted both our top and bottom lines in the third quarter. Despite these challenges, our teams worked hard to deliver on our mission of Pleasing People and continue our strong retail and off-premise performance. Going forward, we are pursuing a variety of strategic initiatives to grow the business, including focusing on store-level execution to provide a superior guest experience, expanding Maple Street Biscuit Company, and positioning Cracker Barrel to be even more attractive to both our core guests as well as a broader audience. Despite the challenges of the present environment, we are optimistic that these initiatives will position us well for future growth, and I'm confident that our teams will deliver them for the benefit of our guests and our shareholders."
ATRC

Hot Stocks

08:08 EDT AtriCure announces first patient treated in HEAL-IST clinical trial - AtriCure announced that the first patient was treated in the HEAL-IST trial. The first patient was treated by Drs. Mark LaMeir and Carlo de Asmundis at University Hospital Brussels. The HEAL-IST trial will evaluate the safety and effectiveness of AtriCure's Isolator Synergy Clamp for the treatment of drug-refractory patients diagnosed with Inappropriate Sinus Tachycardia, IST. Sinus tachycardia normally occurs when the body sends out signals to make the heart beat faster, such as when some people experience stress or physical exertion during exercise. When it happens unexpectedly or for no easily identifiable reason, the condition is called Inappropriate Sinus Tachycardia. The HEAL-IST trial is a prospective, multicenter, single-arm study of 142 patients at up to 40 centers in the United States and Europe. The therapy being studied involves a hybrid epicardial and endocardial procedure, during which a cardiac surgeon and an electrophysiologist work together to create lesions on the right side of the heart. The primary effectiveness endpoint is freedom from IST, defined as having a mean heart rate of less than 90 beats per minute, or at least a 15% reduction in mean heart rate compared to a pre-operative baseline. The primary safety endpoint is procedure or device related adverse events through 30 days after the surgery is completed. "We believe that cardiac surgeons and electrophysiologists working together is a safe and highly effective way to treat complex arrhythmias," said Michael Carrel, President and Chief Executive Officer of AtriCure. "The HEAL-IST trial is an example of AtriCure's commitment to, and leadership in improving the lives of patients. The therapy has the potential to significantly expand our addressable markets."
DNAC

Hot Stocks

08:08 EDT Observed safety profile supports bilateral dosing of ProKidney's REACT -007 - ProKidney announced an update on its REGEN-007 Phase 2 clinical study of REACT. Background - ProKidney's REGEN-002 trial is a multi-center, randomized Phase 2 trial that enrolled 81 stage 3/4 CKD diabetic patients who received two injections in the same kidney six months apart. Patients are being followed for up to two years. Previously disclosed preliminary and interim data as of September 2021 showed promising results with a majority of patients achieving disease stabilization or improved kidney function. Based on an observed favorable safety profile in REGEN-002 and other previous studies, and a signal of improved kidney function, in REGEN-007 ProKidney is proceeding with the injection of REACT into both kidneys. ProKidney expects that injecting both kidneys will result in increased therapeutic effect as compared to injecting a single kidney, as the systemic effects of Type-2 diabetes mellitus impact both kidneys. By injecting both kidneys, patients have maximal exposure to REACT cells, with the potential to impact a greater proportion of damaged renal tissue. .. "This study is expected to provide valuable insights into the potential benefits of treatment with doses of REACT in each kidney, and together with the ongoing Phase 3 program, is expected to support our planned biologics license application submission to the FDA in 2025," said Tim Bertram, Ph.D., Chief Executive Officer of ProKidney. "We believe that dosing both kidneys with REACT can enhance our mission of sustaining renal function by augmenting the repair process over the course of a patient's life. We look forward to testing this hypothesis as we continue to recruit subjects, and to reporting data from our enhanced delivery approach in 1Q23."ProKidney, a pioneer in the treatment of CKD through innovation in cellular therapy, was founded in 2015 after a decade of research. ProKidney's lead product candidate, REACT is a first-of-its-kind, patented, disease-modifying, autologous cellular therapy with the potential not only to slow and stabilize the progression of CKD, but in some cases drive meaningful improvement in kidney function. REACT has received Regenerative Medicine Advanced Therapy designation, as well as FDA and EMA guidance, supporting the Phase 3 clinical program that launched on schedule in January 2022. On January 18 ProKidney announced that it would become a publicly traded company via a business combination with Social Capital Suvretta Holdings .
HYZN

Hot Stocks

08:07 EDT Hyzon Motors awarded certification by California Air Resources Board - Hyzon Motors announced that the California Air Resources Board, or CARB, has certified its Class 8, 7, and 6 Repowers as exempt from emission requirements, enabling the company to sell fuel cell electric trucks in California. Hyzon's Repower program allows customers to exchange their used diesel trucks for conversion to fuel cell electric using Hyzon's proprietary fuel cell technology. With this certification, Hyzon expects it will offer the first commercially available repowered Class 8, Class 7 and Class 6 FCEVs in California. While FCEVs have been granted provisional approvals for trials, and fuel cell electric buses have received CARB certification, no known heavy- or medium-duty FCEVs are currently available, based on the list provided by California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project, or HVIP.
FIS SCGLY

Hot Stocks

08:07 EDT FIS delivers derivatives solution to Societe Generale - FIS (FIS) announced that Societe Generale (SCGLY) has signed an extended agreement, selecting the financial technology leader for the strategic transformation of its derivatives clearing and settlement technology. As part of the agreement, the investment bank and financial services group will transition their existing derivatives clearing and settlement IT environment to FIS Cleared Derivatives Suite. "The listed derivatives clearing business is a core part of our Prime Services business franchise at Societe Generale. We are recognized by our customers, and the industry, as a market leader in this space. Our decision to select FIS to provide our next generation post-trade clearing technology, represents a significant investment, with a trusted partner, to support the long term growth of this business," said Christophe Lattuada, Chief Operating Officer of Global Banking & Investor Solutions at Societe Generale.
EBAY

Hot Stocks

08:07 EDT eBay launches eBay vault for trading cards - eBay announces the launch of the eBay vault - a 31-thousand square foot, 24/7 secured, temperature controlled facility and digital marketplace for collectors. Beginning June 7, single, graded trading cards $750+ are eligible for eBay vault access. The eBay vault is the latest in a series of significant innovations that eBay has introduced to its enthusiasts, bringing together physical and digital capabilities that makes collecting more advanced than ever. The eBay vault not only enables users to manage their collections effectively and efficiently, but fosters the ability to engage in fractionalization while bringing an added layer of trust and confidence to every transaction through eBay's Authenticity Guarantee.
LNFA

Hot Stocks

08:06 EDT L&F Acquisition Corp. transfers listing to NYSE American - L&F Acquisition announced that it will transfer its listing to the NYSE American, where it has been approved to list. In connection with the transfer, LNFA will voluntarily delist from The New York Stock Exchange. LNFA's decision to transfer to the NYSE American was motivated by several factors, including more favorable thresholds for continued listing on the NYSE American. Following the transfer, LNFA will continue to file the same types of periodic reports and other information it currently files with the Securities and Exchange Commission. LNFA anticipates the transfer to the NYSE American to occur on or about June 10, 2022.
ASO

Hot Stocks

08:05 EDT Academy Sports board approves $600M share repurchase program - Subsequent to the end of the first quarter, on June 2, 2022, Academy announced that its Board of Directors declared a quarterly cash dividend with respect to the quarter ended April 30, 2022, of $0.075 per share of common stock. The dividend is payable on July 14, 2022, to stockholders of record as of the close of business on June 16, 2022. The Board also approved a new, three year $600 million share repurchase program, bringing the total amount currently available under both share repurchase programs to $700 million.
CERN ORCL

Hot Stocks

08:05 EDT Oracle completes acquisition of Cerner - Oracle (ORCL) announced that a majority of the outstanding shares of Cerner (CERN) were validly tendered, and the other conditions to the tender offer have been satisfied or waived. The deal will close on June 8. American Stock Transfer & Trust Company, the depositary for the tender offer, has indicated that as of 12:00 midnight, Eastern time, at the end of the day on June 6 approximately 204,280,589 Shares, or 69.2% of the total Shares, have been validly tendered.
CBRL

Hot Stocks

08:04 EDT Cracker Barrel announces new $200M share repurchase program - The company announced that its Board of Directors declared a quarterly dividend of $1.30 per share on its common stock. The quarterly dividend is payable on August 5 to shareholders of record as of July 15. Additionally, the company's Board of Directors authorized a new share repurchase program of up to $200M of the company's outstanding common stock, which replaced the remaining portion under the prior authorization.
SCPH

Hot Stocks

08:03 EDT scPharmaceuticals announces abstracts accepted for AAHFN meeting - scPharmaceuticals announced that the Company has had two abstracts accepted for presentation at the American Association of Heart Failure Nurses 18th Annual Meeting, which is being held June 15-18 in Orlando, Florida. "We are very pleased to present the primary results from the FREEDOM-HF study as an encore oral presentation at this year's AAHFN annual meeting. As first reported in July 2021, heart failure patients presenting to the emergency department with worsening congestion and managed as outpatients with our investigational product, FUROSCIX incurred nearly $18,000 less in 30-day heart failure-related costs than a matched comparator group identified from a claims database that was treated in the inpatient hospital setting with intravenous furosemide for a median of two days," stated John Tucker, chief executive officer of scPharmaceuticals. "In addition, key secondary endpoints from the FREEDOM-HF study that demonstrated that patients who received FUROSCIX had marked improvements in quality of life, satisfaction with the intervention and clinically meaningful reductions in natriuretic peptides will be presented in a moderated poster session. With our FUROSCIX New Drug Application accepted and a Prescription Date User Fee Act action date set for October 8th of this year, we believe we now have a line of sight to potentially introducing a new and much-needed treatment option along the heart failure care continuum. To that end, we continue to prepare for a successful Q4 2022 commercial launch should FUROSCIX be approved," Mr. Tucker concluded.
SMIT

Hot Stocks

08:02 EDT Schmitt Industries to sell Nicolai Street property for $3.5M to Tofte Farms - Schmitt Industries announces that it has entered into a Real Estate Purchase and Sale Agreement, whereby Tofte Farms, agreed to purchase the 2765 NW Nicolai Street, Portland, Oregon property of Schmitt for a purchase price of $3.5M. Tofte agreed to deposit $50,000 into an escrow account within three business days of the Sale Agreement. The Sale Agreement contains customary closing conditions and representations, and remains subject to completion of due diligence by Tofte, which due diligence is to be completed on or before the date that is 45 days following the later of the execution of the Sale Agreement or delivery of closing documents to Tofte. Subject to the due diligence review by Tofte pursuant to the Sale Agreement, it is expected that the sale will close on or before July 15, 2022.
SBGSY

Hot Stocks

08:02 EDT Schneider Electric, Claroty collaborate to enhance industrial cybersecurity - Schneider Electric has announced its collaboration with Claroty, the security company for cyber-physical systems across industrial, healthcare, and commercial environments. The agreement builds on the existing relationship between the two leading companies and leadership in their respective industries. Schneider Electric will now integrate The Claroty Platform into their offering, enabling them to better address new cybersecurity concerns, including protection, safety and insurance for industrial customers. "We see cybersecurity as a key differentiator," said Jay Abdallah, VP Cybersecurity Services, Schneider Electric. "Through our collaboration with Claroty, we are reinforcing its importance to the industrial process and taking active steps to mitigate new challenges. We are entering a new era of openness in the industrial world and the same is true for cybersecurity. We are pleased to partner with Claroty and continue our work together to create the most secure assets in the market."
SBGSY INTC

Hot Stocks

08:01 EDT Schneider Electric collaborates with Intel - Schneider Electric (SBGSY) announced a collaboration with Intel to extend EcoStruxure Automation Expert by creating a Distributed Control Node, DCN software framework complimented by an associated Intel processor-based DCN hardware offering. By combining the performance, security and deployment capabilities of Intel (INTC) Edge Controls for Industrial technology with EcoStruxure Automation Expert, the DCN framework can simplify and speed the development of software defined control systems. Additionally, the DCN will enable EcoStruxure Automation Expert - the world's first software-centric automation system - to scale faster and further in process industries, including energy and chemicals, mining, water/wastewater, pharmaceuticals and hybrid markets. "This is the direction for process automation," said Natalie Marcotte, SVP and President, Process Automation, Schneider Electric. "To fully realize the potential of next-generation industries, we must embrace a collaborative way of thinking. This collaboration with Intel greatly enhances the capabilities of EcoStruxure Automation Expert, enabling the platform to scale faster and further. To create a new wave of innovation, we must work with all parties to create a more modular software-defined industry."
ASGN

Hot Stocks

07:58 EDT ASGN secure multiple award IDIQ contract supporting FCC application development - ECS, a subsidary of ASGN, has secured a multiple award Indefinite Delivery Indefinite Quantity, IDIQ, contract in support of the Federal Communications Commission's, FCC, requirement for application development support services. The full scope of the IDIQ includes support across program and project management, software and application development, documentation, and extreme programming for the FCC Information Technology Center. As an awardee, ECS will provide application development support services for existing, modernized, and new systems. ECS will have the dual goal of improving FCC stakeholders' experience in meeting business requirements and providing tight coordination of service delivery with other FCC ITC contractors.
EHC

Hot Stocks

07:55 EDT Encompass Health provides 2022-2026 growth targets - Encompass Health 2022-2026 growth targets: 6 to 10 de novos per year; 100 to 150 bed additions per year; 6% to 8% discharge CAGR.
AGI

Hot Stocks

07:54 EDT Aztec Minerals closes oversubscribed $3.4M private placement - Aztec Minerals announces that it has closed its oversubscribed CAD$3.4 million non-brokered private placement equity financing. The private placement consisted of 11.4 million units priced at CAD$0.30 per unit for gross proceeds of CAD$3.4 million. The Offering was first announced in the Company's press release dated May 16, 2022 for gross proceeds of up to CAD$3 million. Each unit consisted of one common share in the capital of the Company and one warrant which is exercisable to purchase an additional common share at an exercise price of CAD$0.40 per common share until June 6, 2024. Alamos Gold participated in the Offering with a subscription for 7,926,089 Units, for aggregate consideration of CAD$2,377,826.70. Prior to the closing of the Offering, Alamos held no common shares or warrants of Aztec. Following the closing of the Offering, Alamos holds, as of the date hereof, 7,926,089 common shares and 7,926,089 warrants, for a security holding percentage of 9.9% of the Company's shares on an undiluted basis and 18.0% on a partially diluted basis assuming the exercise of Alamos' warrants. Alamos acquired the units for investment purposes, which will be evaluated and may be increased or decreased from time to time at Alamos' discretion. Aztec intends to use the net proceeds of the Offering to conduct exploration work on its Cervantes porphyry gold-copper project in Sonora, Mexico, and its Tombstone epithermal gold-silver & CRD silver-lead-zinc-copper-gold project in Arizona, USA, as well as for general working capital purposes.
FLYLF

Hot Stocks

07:52 EDT Flyht Aerospace completes AFIRS installation on ARJ-21 aircraft - FLYHT Aerospace announced that installation and testing has been completed for the first of 20 AFIRS 228S units on ARJ21 aircraft ordered by China Express Airlines. All tests have been completed and the aircraft is planned to enter commercial service today. As communicated in September 2020, China Express will take delivery of 20 ARJ21 aircraft, with an expected commitment up to 100 aircraft to be delivered over the next several years. The ARJ21 is the newest Chinese developed and built aircraft.
GBARF

Hot Stocks

07:52 EDT Monarch gives results for drilling program for last 13 holes on McKenzie Break - Monarch Mining is pleased to report the results for the last 13 holes of its 2021 drilling program on the McKenzie Break deposit, located 25 kilometres north of the Corporation's wholly owned 750 tonne-per-day Beacon mill. The 2021 drilling program consisted of 54 holes for a total of 18,632 metres. Earlier results were reported on December 2, 2021 , October 20, 2021 , June 22, 2021 and March 22, 2021.The 2021 drilling program was a surface program aimed at continuing to expand the McKenzie Break gold deposit and supplementing the recent mineral resource estimate with holes drilled on 50-metre centres down to a vertical depth of 400 metres. Based on recent results outside the 2021 MRE envelope, the current program has succeeded in expanding the gently dipping deposit, particularly to the northeast. The mineralized footprint now measures 600 metres by 1,100 metres and has been tested to a vertical depth of up to 400 metres. The 2021 program also confirmed that the mineralization is continuous and remains open in all directions. The 2022 drilling program on the McKenzie Break property, which began in April with one drill rig, consists of 20,000 metres of drilling in 65 holes. A second drill rig will be added once Monarch's Swanson 10,000-metre drilling program is complete. Monarch will continue testing the deposit with holes at 50-metre centres. The 2022 program is aimed at expanding the current underground resource to the north and east, increasing the size of the currently proposed resource pit shell up-dip through expansion to the south and west and testing additional exploration targets along the volcanic-intrusive contact to the south. Later this year, Monarch will update the mineral resource estimate to include the additional 18,632 metres drilled in 2021 and several strategic holes to be drilled in 2022, as well as a new interpreted geological model. "McKenzie Break continues to show strong exploration potential in all directions as we continue to encounter high-grade gold mineralization," said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. "We expect 2022 to be another busy year on McKenzie Break and are looking forward to the results of the updated mineral resource estimate later in the year."
CNIKF

Hot Stocks

07:51 EDT Canada Nickel, Grid Metals announce sale of Bannockburn Nickel Property - Grid Metals is pleased to announce that it has entered into an agreement with Canada Nickel Company to sell a 100% interest in the Bannockburn Nickel Property located near Matachewan, Ontario. Under the terms of the Transaction Canada Nickel will acquire 100% of the Bannockburn Property in return for issuance to Grid of 2.0 million of Canada Nickel's common shares. The Bannockburn Property consists of 125 mining claims that Grid Metals acquired under an option agreement from Outokumpu Mining in 2003. Grid recently drilled eight holes at Bannockburn all of which intersected "Crawford" type bulk tonnage disseminated nickel mineralization. The property also has several higher grade occurrences of Kambalda-style massive sulfide nickel mineralization. Under the terms of the Agreement Canada Nickel has agreed to issue 2.0 million of its common shares to Grid in return for the transfer of 125 mining claims located in Bannockburn and
RVLGF

Hot Stocks

07:50 EDT Revival Gold to vend phosphate property to Xplore Resources - Revival Gold is pleased to announce that it has reached an agreement to vend its 51% non-core holding in the Diamond Mountain phosphate project to Xplore Resources. Diamond Mountain is an advanced stage exploration project consisting of approximately 550 hectares of State claims located in Uintah County, Utah, USA. Revival Gold will receive the following as consideration for its interest in Diamond Mountain: C$250,000 cash payment on closing; C$250,000 cash payment on the first anniversary of Closing; and, 19.9% of the issued and outstanding common shares of Xplore, following a consolidation and financing completed by Xplore. Xplore is a growing new industrial minerals focused business, led by experienced management and backed by seasoned mining investors. Xplore intends to reinitiate exploration and development on the Diamond Mountain property. The property is located immediately next to the J.R. Simplot Vernal Phosphate Mine, an important domestic United State's producer of phosrock which is utilized in the manufacturing of fertilizer. Revival Gold acquired its 51% interest in Diamond Mountain for exploration expenditures totaling approximately C$1.2 million through a joint venture earn-in agreement with Utah Minerals LLC in December 2014. The purchase of Diamond Mountain is subject to Xplore's completion of a minimum C$5 million financing, customary closing conditions and receipt of all necessary regulatory approvals, including TSX Venture Exchange approval. Closing is expected by the end of June 2022.
JNPR

Hot Stocks

07:49 EDT Juniper, Dragos announce official joint partnership - Juniper Networks and Dragos announced their commitment to securing critical infrastructure through an official joint partnership that provides an automation framework for active attack response for OT-ICS networks and systematizes the research and development work done by both companies. With this joint partnership, OT networks can leverage Juniper's routing, switching and firewalls, in conjunction with the advanced industrial cybersecurity technology and threat intelligence provided by the Dragos Platform, to provide near real-time response to attacks. "Bridging IT and OT in order to modernize industrial networks requires a high-level of precision to maintain the desired characteristics of each area of the network. We are addressing this challenge by combining our industry-leading networking and security portfolio with Dragos to deliver an integrated solution that secures critical infrastructure with built-in threat detection and remediation for real-time active responses to malicious attacks," said Raj Yavatkar, Chief Technology Officer, Juniper Networks.
DPRO

Hot Stocks

07:48 EDT Draganfly announces new long range LiDAR System - Draganfly is pleased to announce the launch of its new North American-made Long Range Light Detection and Ranging system. Draganfly's Long Range LiDAR system is able to provide accurate distance measurements and improved resolution over conventional photogrammetry methods. With a scanning range of 750 meters, the Company's system is able to produce 0.5-centimeter point cloud precision with two-centimeter global accuracy, which ensures high-resolution data at two million points per second.
TCMD

Hot Stocks

07:47 EDT Tactile announces expert opinions backing pneumatic compression for lymphedema - Tactile Systems Technology, announced the publication of an expert opinion consensus statement. Three independent societies' consensus endorsements were published in peer-reviewed Phlebology: The Journal of Venous Disease. The statement affirmed that pneumatic compression should be recommended as a treatment for lymphedema, including lymphedema which is secondary to chronic venous insufficiency CVI. "Recommended use of pneumatic compression achieved the highest level of consensus, and it is encouraging to see such uniformity among three independent professional societies," said Kristie Burns, Senior Vice President, Marketing and Clinical Affairs of Tactile Medical. Dan Reuvers, President and Chief Executive Officer of Tactile Medical, added, "With 20 million lymphedema cases believed to be undiagnosed in the U.S., Tactile Medical is committed to serving patients and bringing more attention to this underdiagnosed and underserved community."
PLAY

Hot Stocks

07:47 EDT Dave & Buster's jumps 5% to $39.20 per share after Q1 earnings beat
IREN

Hot Stocks

07:46 EDT Iris Energy reports 151 bitcoin mined in May - Iris Energy published a monthly investor update for June 2022, containing its results from operations as well as construction and development updates. Average operating hashrate: 1,165; Bitcoin mined: 151; Mining revenue: 4,868; Electricity cost: 1,411; Revenue per Bitcoin: 32,264; Electricity costs per Bitcoin: 9,352. Corporate: Provided business overview and update as part of the Company's Q3 FY22 results; Continued to progress additional funding options; Welcomed Belinda Nucifora as Chief Financial Officer. Operations: Increased average operating hashrate to 1,165 PH/s; Monthly operating revenue of US$4.9 million; 151 Bitcoin mined. Construction: Mackenzie: Internal data center fit out continues for the remainder of the first 50MW; Initial testing activities for the substation have commenced. Prince George: Initial building construction well advanced on the first data center building, with the second data center building underway; Foundation works for the substation are complete and are well progressed for the third data center building; Childress: Procurement and early works continued with all required construction permits in place; Key long-lead items have been purchased. Corporate update Iris Energy reported its quarterly earnings for the period ended March 31, 2022 and provided a general business update. Multiple debt processes remain underway, with discussions involving various aspects of the capital structure, for example, equipment financing similar to the recent $71m NYDIG facility, real asset and infrastructure financing, as well as corporate credit facilities. The Company remains focused on prudently assessing various options and ensuring that any decisions consider an appropriate long-term capital structure for the Company. Business summary: $454m of total equity; Nil corporate-level debt; $142m of cash; $180m of prepayments on contracted miners; 3.7 EH/s of operating capacity on track to come online by the end of Q3 2022; representing illustrative annualized mining profit of $127m.
XELA

Hot Stocks

07:43 EDT Exela Technologies announces $19M, 5-Year renewal with Irish bank - Exela Technologies announced a 5-year renewal with a leading Irish bank that began in 2013. The renewal augments an existing XBP relationship which is part of the ITPS segment. While Exela remains a leading provider of check processing to the Irish banking sector, the renewal enables the bank to embrace the entire XBP suite including robust liquidity solutions, improved communication with clients and faster transaction processing. The Total Contract Value is $19 M. "We are proud to expand our XBP penetration and renew with this leading bank. Ireland has been a strategic focus for us and we continue to invest in the region and consider it to be a blueprint for other European countries," said Vitalie Robu, President of Exela EMEA.
TLRY

Hot Stocks

07:42 EDT Tilray launches CBD Night Oil in Canada - Tilray Brands announced that its medical cannabis brand, Aphria, has launched CBN Night Oil, the brand's first CBN oil medical product formulated for patients' nighttime use. CBN, or cannabinol, is derived from THC and is known to help improve the duration and quality of sleep.1 Aphria's CBN-dominant oil is carefully formulated with 30mg CBN per mL and 10mg THC per mL and is composed of broad-spectrum cannabis distillate. Designed to be used in conjunction with a nighttime routine, Aphria's CBN Night Oil is now available across Canada.
BTX

Hot Stocks

07:40 EDT Brooklyn ImmunoTherapeutics announces board changes - Brooklyn ImmunoTherapeutics announced the following appointments to the Board, effective June 5, 2022: Matt Angel, Ph.D., Interim CEO of Brooklyn and Co-Founder, Chairman, President and CEO of Factor Bioscience Inc.; Gregory Fiore, Co-Founder, President, and CEO of Exacis Biotherapeutics; Nicholas Singer, Founder and Managing Member of Purchase Capital; Bill Wexler, Chairman and CEO of Homer City Holdings, LLC. Erich Mohr, Dennis Langer, Heather Redman, and Erin Enright departed the Board effective June 5, 2022.
INZY

Hot Stocks

07:39 EDT Inozyme appoints Kurt Gunter, M.D., as Chief Medical Officer - Inozyme Pharma announced the appointment of Kurt Gunter, M.D., as chief medical officer. Dr. Gunter, who most recently served as chief medical officer, cell therapy, and head of regulatory affairs at Athenex, brings to Inozyme over 30 years of expertise in regulatory affairs, clinical development, and government relations. "It is a pleasure to welcome Kurt to the Inozyme team to lead Inozyme's clinical development and regulatory strategy," said Axel Bolte, MSc, MBA, Inozyme's co-founder, president, and chief executive officer. "Kurt's experience across the entirety of the drug development process will be invaluable as we advance INZ-701 in our ongoing Phase 1/2 clinical trials in patients with ENPP1 Deficiency and ABCC6 Deficiency and prepare for our later-stage studies." "ENPP1 Deficiency and ABCC6 Deficiency represent two devastating rare diseases for which there are currently no approved therapies," said Dr. Gunter. "I firmly believe that INZ-701 could serve as a much-needed intervention for patients suffering from these highly underserved areas, and I look forward to contributing to Inozyme's mission of addressing these urgent unmet needs."
SPTN

Hot Stocks

07:38 EDT Macellum, Ancora issue letter regarding nominated directors for SpartanNash - Macellum Advisors GP and Ancora Holdings Group, who beneficially own approximately 4.5% of the outstanding common shares of SpartanNash, issued the below letter regarding their campaign to elect three independent candidates to the Company's Board of Directors at the 2022 Annual Meeting of Shareholders. The Institutional Shareholder Services has recommended that shareholders vote on the Investor Group's BLUE Proxy Card and for the election of nominees Michael Lewis and John Fleming. Egan-Jones Proxy Services, another independent proxy advisory firm, also recommended that shareholders vote to elect Investor Group nominees Jonathan Duskin, Michael Lewis and Thomas Fleming and validated its case for change.
QIPT

Hot Stocks

07:38 EDT Quipt expands in California with acquisition of NorCal Respiratory, no terms - Quipt Home Medical announces that it has acquired NorCal Respiratory, a business with operations in California, reporting unaudited trailing 12-month annual revenues of approximately $3.2M and with anticipated Adjusted EBITDA of $650,000 post integration. As a reminder, all figures stated are in USD. The acquisition encompasses three locations in California, covering the northern portion of the state, bringing Quipt's national location base to 90. The Company initially entered California in the middle of 2021 and added three more locations through the acquisition of Good Night Medical, LLC in April. The Company is now able to cover a substantially larger area of patients, providing a second hub in the northern portion of the state for Quipt to grow its infrastructure. The acquisition adds over 600 referring physicians, bringing Quipt's national referring network base to over 19,600, and increases Quipt's active patient count by over 3,600, bringing Quipt's total to approximately 184,000 active patients nationally. "We are extremely excited to close the acquisition of NorCal Respiratory, providing us a further expansionary opportunity in California to grow our market share. California is an attractive market that we have been looking to further expand in with over 1.3 million COPD sufferers across the state, and we are thrilled to be able to do so on the heels of this acquisition," said Greg Crawford, Chairman and CEO of Quipt.
CVM

Hot Stocks

07:35 EDT CEL-SCI presents Phase 3 multikine head & neck cancer data at ASCO - CEL-SCI Corporation announced that its abstract and poster titled "Leukocyte interleukin injection immunotherapy extends overall survival in treatment-naive low-risk locally advanced primary squamous cell carcinoma of the head and neck: The IT-MATTERS study" was presented on June 6, 2022 at the American Society of Clinical Oncology's, ASCO, 2022 ASCO Annual Meeting in Chicago, Illinois. Based on the results of this pivotal Phase 3 study, including data in the ASCO poster presentation, CEL-SCI intends to file a Biologic License Application with the U.S. Food and Drug Administration for approval of this indication. The conclusions presented in the poster are as follows: Safety results were not significantly different between treatment groups. Leukocyte Interleukin, LI neoadjuvant immunotherapy did not add excess safety issues or TEAEs. In the Randomized ITT population, early LI response decreases mortality and is prognostic/predictive of OS. ITT Lower Risk LI+CIZ+SOC absolute OS advantage over SOC alone increased over time to 14.1% at 5-years; the 0.68 HR corresponds to a 47% prolongation of median survival.
TGT

Hot Stocks

07:35 EDT Target sees Q2 operating margin 'in a range around 2%' - The company previously guided Q2 operating margin "in a wide range centered around first quarter's operating margin rate of 5.3%".
PLAY

Hot Stocks

07:34 EDT Dave & Buster's provides Q2 business update - The Company's business has continued to strengthen through the first five weeks of the second quarter, during which comparable store sales increased 12.2% compared with the same period in 2019. Walk-in comparable store sales increased 17.8% while Special Event comparable store sales declined 27.9% for the five-week period compared with 2019.
RCKY HON

Hot Stocks

07:33 EDT Rocky Brands announces completion of cost savings review - Rocky Brands (RCKY) announced the completion of a cost savings review aimed at better positioning the Company for profitable growth. Following the integration of the lifestyle footwear business acquired from Honeywell International (HON) in March 2021, the Company identified a number of operational synergies and cost saving opportunities. As the result of this process, Rocky Brands will close its Boston office acquired via the transaction and will reduce non-manufacturing headcount related to the acquired brands by approximately 13%. These actions are expected to result in approximately $3M - $4M in annualized savings. Jason Brooks, President and Chief Executive Officer of Rocky Brands, said, "The success of our acquisition is evident by our sales performance over the last year. These cost saving measures will allow us to better convert our top-line performance into enhanced margins and profitability. We are now in a stronger position to more efficiently capitalize on near-term marketplace opportunities while remaining agile and flexible for the future."
JAZZ

Hot Stocks

07:32 EDT Jazz Pharma announces results from Phase 2/3 trial of Rylaze - Jazz Pharmaceuticals announced positive results from a Phase 2/3 trial, developed and conducted in close collaboration with the Children's Oncology Group, or COG, evaluating the intramuscular, or IM, administration of Rylaze, or asparaginase erwinia chrysanthemi rywn, in adult and pediatric patients with acute lymphoblastic leukemia, or ALL, and lymphoblastic lymphoma, or LBL, who have developed hypersensitivity to an E. coli-derived asparaginase. These results will be presented as an oral presentation today at the American Society of Clinical Oncology, or ASCO, 2022 Annual Meeting. These results confirm the interim trial analysis presented in December 2021 at the 63rd American Society of Hematology Annual Meeting, and demonstrated that greater than or equal to90% of patients in Cohort 1c receiving the IM dosing regimen of 25/25/50 mg/m2 administered Monday/Wednesday/Friday achieved nadir serum asparaginase activity levels greater than or equal to0.1 IU/mL at 48 and 72 hours, with a safety profile consistent with what has been described for other asparaginases.
BTTX MYOV

Hot Stocks

07:32 EDT Better Therapeutics appoints Karbe as Chief Executive Officer - Better Therapeutics (BTTX) announced that Frank Karbe will join the company as President and Chief Executive Officer, CEO, and serve as a member of the Board of Directors starting July 5th, 2022. Current CEO and company co-founder, Kevin Appelbaum, will continue to serve in that role until then. Karbe most recently as President and Chief Financial Officer of Myovant Sciences (MYOV).
WPC

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07:31 EDT W.P. Carey announces recent investments totaling $400M - W. P. Carey announced that since the end of the first quarter it has entered into investments totaling approximately $400M. This includes investments totaling approximately $168M under binding agreements and expected to close in 2022, with the significant majority expected to close by the end of July, subject to certain customary closing conditions. The investments advance the company's external growth strategy and in line with its diversified approach, include investments in industrial, grocery and lab properties located in the US and Europe.
NVAX

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07:30 EDT Novavax trading halted, news pending
TGT

Hot Stocks

07:29 EDT Target plunges 8% after announcing plans to reduce excess inventory
MRNA

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07:26 EDT Moderna announces first participants dosed in Phase 3 study of mRNA-1010 - Moderna announced the first participants have been dosed in a Phase 3 study of the Company's seasonal influenza vaccine candidate. The trial is expected to enroll approximately 6,000 adults in Southern Hemisphere countries. This Phase 3 randomized, observer-blind study is designed to evaluate the safety and immunological non-inferiority of mRNA-1010 to a licensed seasonal influenza vaccine in adults 18 years and older. Participants will be randomly assigned on a 1:1 ratio to receive either a single dose of mRNA-1010 or a single dose of a licensed seasonal influenza vaccine as a comparator.
CNCE

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07:26 EDT Concert announces publication of data from Phase 2 trial of CTP-543 - Concert Pharmaceuticals announced the publication of safety and efficacy data from the randomized, double-blind, placebo-controlled dose-ranging Phase 2 clinical trial for CTP-543 in the Journal of the American Academy of Dermatology, JAAD. CTP-543 is an investigational oral Janus Kinase inhibitor being evaluated in ongoing clinical trials for the treatment of adults with moderate to severe alopecia areata, an autoimmune disease in which the immune system attacks hair follicles and results in hair loss. The publication reports clinically meaningful and statistically significant scalp hair regrowth after 24 weeks of treatment with CTP-543 in both the 8 mg twice-daily and 12 mg twice-daily dose groups in patients with alopecia areata. The publication highlights the establishment of two doses of CTP-543 with statistically significant hair regrowth and a generally well tolerated safety profile in patients with moderate to severe alopecia areata. Additionally, patient-reported outcomes of improvement following treatment with CTP-543 were statistically significant. The clinical results observed in the trial supported the Breakthrough Therapy designation from the U.S. Food and Drug Administration and the progression of CTP-543 into the THRIVE-AA pivotal Phase 3 clinical program. The Company recently reported positive topline data from the THRIVE-AA1 trial, and topline data from the THRIVE-AA2 trial is expected in the third quarter of 2022.
VIGL

Hot Stocks

07:25 EDT Vigil gets HREC approval to begin study of VGL101 in healthy volunteers - Vigil Neuroscience announced it has received approval from the Australian Human Research Ethics Committee HREC to initiate a Phase 1 study of VGL101 in healthy volunteers without dosing restrictions. Under the approved protocol, the Company will evaluate VGL101 at doses above 20 mg/kg allowing for immediate exploration of higher doses with a focus on maintaining optionality for future indications. In regard to the VGL101 Phase 1 trial in the U.S., the Food and Drug Administration has suggested that Vigil may wish to consider the feasibility of administration of a 30 mg/kg dose. This progress with the FDA was made in response to Vigil's most recent submission of data from a 6-month GLP toxicology study in nonhuman primates (in which there were no observed adverse findings) and Phase 1 single ascending dose clinical data that includes patients dosed at 20 mg/kg. The partial clinical hold that limits dosing above 20 mg/kg remains in effect while Vigil continues to work with the FDA to lift the partial clinical hold. Importantly, Vigil remains on track to report VGL101 Phase 1 topline data and initiate the Phase 2 proof-of-concept trial in adult-onset leukoencephalopathy with axonal spheroids and pigmented glia patients in the fourth quarter of 2022. "We are encouraged by the favorable safety, tolerability and pharmacokinetic profile of VGL101 based on data from our ongoing Phase 1 healthy volunteer trial to date. Although we believe that 20 mg/kg is a clinically relevant dose to assess the therapeutic effects of VGL101 in ALSP, we look forward to continuing to explore a wider dose range and cerebral spinal fluid target engagement biomarkers in healthy volunteers. We believe that, collectively, the data from the Phase 1 trial will contribute to declaration of biological target engagement and help further refine dose selection for the Phase 2 proof-of-concept trial in ALSP," said Spyros Papapetropoulos, M.D., Ph.D., Chief Medical Officer of Vigil.
OBNNF

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07:25 EDT Osisko Mining announces results from drill program at Windfall project - Osisko Mining is pleased to provide new analytical results from the ongoing drill program at its 100% owned Windfall gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec. Significant new analytical results presented below include 43 intercepts in 15 underground drill holes and 12 wedges. The infill intercepts are located inside defined January 2022 mineral resource estimate blocks. The expansion intercepts are located outside the January 2022 MRE blocks and either expand resource wireframes or are in a defined zone or corridor but do not yet correlate to a specific wireframe. Osisko Chief Executive Officer John Burzynski commented: "Lynx continues to return wide high-grade intercepts which will be included in the upcoming feasibility study. Our headline hole, with an estimated true thickness of eight meters, and other holes with sub-intervals over a kilogram of gold per tonne, demonstrate the robust nature of the high-grade areas in the Lynx 4 and Triple Lynx zones." Selected high-grade intercepts include: 293 g/t Au over 11.0 metres in OSK-W-22-2605-W6, 199 g/t Au over 2.9 metres in OSK-W-22-2587-W6; 24.3 g/t Au over 13.4 metres in OSK-W-22-2587-W5; 73.4 g/t Au over 2.3 metres in WST-22-1041B and 54.9 g/t Au over 3.0 metres in WST-22-1046B.
CCHWF

Hot Stocks

07:25 EDT Columbia Care operationalizes second cultivation facility in New Jersey - Columbia Care announced it has started operations in its new, approximately 270,000-square-foot cultivation and production facility in New Jersey, begun using post-harvest automation equipment, and expanded its adult use shopping hours at both of its Cannabist locations in Deptford and Vineland to the maximum number of hours allotted by the New Jersey Cannabis Regulatory Commission, CRC.
CPE

Hot Stocks

07:24 EDT Callon Petroleum advances Permian Basin natural gas offtake strategy - As part of its operational update press release last night, Callon Petroleum stated: "The Company has advanced its natural gas offtake strategy in the Permian Basin and recently entered into multiple agreements for firm transportation to the Gulf Coast for approximately 75,000 MMBtu/d which are expected to be in effect beginning in mid-2023. Callon plans to use this capacity for its 'take-in-kind' residue gas volumes, providing additional flow assurance and reduced pricing exposure to Waha basis."
GOLD PPTA

Hot Stocks

07:24 EDT Barrick Gold announces sale of shares of Perpetua Resources - Barrick Gold announced that it has disposed of 5,382,587 common shares of Perpetua Resources Corp. through the facilities of the Nasdaq, Cboe, Direct Edge and NYSE-ARCA. The Disposition resulted in gross cash proceeds in the aggregate amount of C$21,729,504. Immediately prior to the Disposition, Barrick had beneficial ownership of, or control and direction over, 5,382,587 Shares, representing approximately 8.5% of the issued and outstanding Shares. Following the Disposition, Barrick does not have beneficial ownership of, or control or direction over, any Shares. Barrick effected the Disposition for investment portfolio management purposes. Depending on market conditions and other factors, including Perpetua Resources' business and financial condition, Barrick may in future acquire securities of Perpetua Resources or dispose of some or all of the securities of Perpetua Resources that it may own at any such time.
KRBP

Hot Stocks

07:24 EDT Kiromic BioPharma expands Gamma Delta T cell product pipeline - Kiromic BioPharma announces it has entered into a sponsored research agreement, SRA, with Principal Investigator James Welsh, M.D. of The University of Texas MD Anderson Cancer Center. Under the two-year SRA, in vivo preclinical data will be generated from Kiromic's Gamma Delta T cell, GDT, allogeneic therapies. This SRA is intended to evaluate efficacy and patient safety outcomes to support three new investigational drug, IND, applications to the U.S. Food and Drug Administration, FDA. "We believe that the SRA will enable us to generate key in vivo data efficiently and swiftly that will demonstrate the synergistic advantages of our Gamma Delta T cell therapies in combination with existing anticancer treatment modalities. These submissions will expand the total number of our product candidate therapies to five. The first of these three new IND submissions - the Deltacel - is expected to be submitted during the second half of the year," stated Pietro Bersani, Chief Executive Officer of Kiromic BioPharma. "Importantly, we expect to begin the activation of the Deltacel clinical trial by the end of this year. We believe utilizing non-genetically engineered Gamma Delta T cells as our first-in-human study is ideal to establish the tolerability and safety of our proprietary allogeneic cell therapy platform." In addition to Deltacel/KB-GDT - Kiromic's non-engineered Gamma Delta T cells that are expanded, enriched and activated through a proprietary method - the second IND is expected to focus on Procel/KB-PD1, a genetically engineered product candidate targeting PD-L1+ tumors. The third IND is expected to focus on Isocel/KB-ISO, a genetically engineered product candidate targeting mesothelin isoform 2+ tumors. This isoform of mesothelin is a tumor-specific target identified by Kiromic's proprietary DIAMOND AI bioinformatics platform.
DSS

Hot Stocks

07:23 EDT DSS unit granted China patent for mosquito repellant - DSS announced Global BioLife a division of the Company's wholly owned subsidiary Impact BioMedical, was granted a patent from the China National Intellectual Property Administration CNIPA for 3F , a Functional Fragrance Formulation echnology that is effective as a mosquito repellant through a fragrant compound derived from botanical oils. This complements the corresponding U.S. patent granted.
CTEK

Hot Stocks

07:22 EDT CynergisTek announces six-figure extension contract with pediatric healthcare - CynergisTek announces a six-figure extension contract for a west coast pediatric healthcare system for risk assessment, promoting interoperability security controls assessment, vendor security management, and incident response readiness services. Healthcare organizations are becoming increasingly aware of the need to ensure greater due diligence in understanding their security posture and risks faced across the enterprise. This client continues to rely on CynergisTek's expertise and array of capabilities to assist in managing risk. "Understanding cybersecurity risk to an organization is a critical and a necessary part of ensuring the impacts of disruptive cyber-attacks are minimal," said Dave Bailey, Vice President of Security Services at CynergisTek. "Proactive risk assessment and risk management help build resilient and effective safeguards," he adds.
EMOTF

Hot Stocks

07:22 EDT Emerita Resources completes first hole through Romanera deposit - Emerita Resources announces that it has completed the first hole through the Romanera deposit at its wholly-owned Iberia Belt West project. Three other holes will be completed in the coming days and two additional drill rigs are setting up on the deposit to bring the total to six drills at Romanera. Hole LR 002 intersected 14.3 meters of massive sulphides from 138.2 to 148.5 meters. Visual inspection of the core identifies the mineralization as true massive sulphide comprising sphalerite, galena and chalcopyrite in a pyrite gangue. The planned program is designed to upgrade the existing historical resource to be compliant with National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and test for expansions to the east, west and at depth. Several deeper drill holes are also planned below the drilling illustrated on Figure 4 and will be laid out when additional data is available to target the deep drilling effectively. The EM Conductor associated with the deposit extends more than 500 meters to the east of the historical drilling and this survey was instrumental in designing the drill plan.
ORN

Hot Stocks

07:18 EDT Orion Group expands commercial landscaping services with new partnership - Orion Group, a commercial facility services platform backed by Alpine Investors, announced that it has partnered with LandCare Management, a leading commercial landscaping services company based in Denver, Colorado. LandCare Management is Orion's second partner in the commercial landscaping industry. "We are excited to combine our resources with their operational expertise to accelerate LandCare's growth and continue expanding the Orion platform," said Nate Carlson, CEO of Orion Group Landscaping.
VS

Hot Stocks

07:17 EDT Versus in pact with Innovative Group to support new client programs - Versus Systems announced that the Company has entered into a strategic partnership with experiential and digital marketing agency Innovative Group to support new client programs built upon the Versus XEO platform. Versus will be working with Innovative Group's newly formed Innovative New Media division to support the agency's client portfolio, which include consumer packaged goods companies, retailers, spirits, professional sports teams, and automotive clients. Versus' technology will bring to market Innovative's OmniXP, enabling them to provide exclusive, unique experiences to clients, customers, and fans alike. OmniXP will be powered by Versus' XEO Platform, a second screen gamified rewards platform currently leveraged by professional sports teams in the NFL, NHL, MLS, NBA and more. "We are excited to partner with Innovative Group and very proud that our XEO Engagement Platform will power their new OmniXP experience in future client activations," said Matthew Pierce, Founder and CEO of Versus Systems. "Versus is a world leader in audience engagement and has significant expertise in adding interactivity and rewards to a broad range of content. Experiential marketing agencies like Innovative Group are on the leading edge of dynamic, creative, and engaging activations that meet their clients' marketing objectives. We are thrilled that Innovative Group recognizes the value that the XEO Platform can provide their clients, enabling them to provide prizes and rewards to their customers, fans and viewers."
ATHA

Hot Stocks

07:17 EDT Athira Pharma announces formation of Scientific Advisory Board - Athira Pharma announced the formation of a Scientific Advisory Board comprised of renowned leaders in neurology and neurodegenerative disease research - Drs. John Olichney, Anton Porsteinsson, Marwan Sabbagh, Lon Schneider, Pierre Tairot and Paul Winner. The SAB, chaired by Athira Chief Medical Officer, Dr. Hans Moebius, will offer expert scientific and clinical perspectives to guide the ongoing development of Athira's pipeline of novel, small molecule compounds. Athira's SAB members are: John Olichney, M.D., Professor of Neurology at the University of California, Davis, is an internationally recognized Alzheimer's disease and dementia researcher with expertise in electrophysiology. He directs the Cognitive Electrophysiology and Neuroimaging Lab at the Center for Mind and Brain and the Clinical Trials Unit of the UC Davis ADRC. Anton Porsteinsson, M.D., The William B. and Sheila Konar Professor of Psychiatry, Neurology, Neuroscience, and Medicine and the Director of the University of Rochester Alzheimer's Disease Care, Research and Education Program in Rochester, N.Y., is a renowned investigator for Alzheimer's disease prevention and treatment clinical trials. Marwan Sabbagh, M.D., Professor of Neurology in the Alzheimer's and Memory Disorders Program at Barrow Neurological Institute in Phoenix, Arizona is an established investigator for Alzheimer's disease clinical trials and is currently the editor-in-chief of Neurology and Therapy. Lon Schneider, M.D., Professor of Psychiatry, Neurology, and Gerontology at the Keck School of Medicine of University of Southern California, and the Della Martin Chair in Psychiatry and Neuroscience. Pierre Tariot, M.D., Director of the Banner Alzheimer's Institute in Phoenix, Arizona and Research Professor of Psychiatry at the University of Arizona College of Medicine, is an experienced clinician, researcher, and leader with a special emphasis on design and implementation of clinical trials. Paul Winner, D.O., FAAN, Senior Director of Premiere Research Institute, Director of Palm Beach Memory Disorder Center, Clinical Professor of Neurology Nova Southeastern University Fort Lauderdale, Florida.
AMT

Hot Stocks

07:17 EDT American Tower expands into Atlanta, Orlando data center markets - CoreSite, a leading hybrid IT solutions provider and subsidiary of American Tower Corporation, announced its expansion into the Atlanta and Orlando markets with the integration of three American Tower assets into CoreSite's data center ecosystem: Atlanta AT1, Atlanta AT2, and Orlando OR1. All three data centers, which have a combined total of more than 250,000 square feet, now also offer access to the Open Cloud Exchange, OCX, CoreSite's leading software-defined networking platform which provides fully managed, direct and secure connections into all of the major cloud service providers. "With a long-standing track record of operational excellence in these markets, these facilities have been serving Atlanta- and Orlando-area businesses for years and now operate as an integral part of the broader data center ecosystem within CoreSite," said Juan Font, President of CoreSite and SVP, U.S. Tower Division of American Tower. "The Atlanta and Orlando teams are equipped with the technical, security, remote hands and customer service expertise organizations rely on to future-proof their digital businesses. Offering low-latency, redundant and secure colocation services as well as the OCX, businesses of all sizes can seamlessly and dynamically scale their IT infrastructure to meet their ever-changing needs."
NVAX

Hot Stocks

07:16 EDT Novavax trading halted, news pending
MCLD

Hot Stocks

07:16 EDT mCloud Technologies announces first AssetCare solution at wellsites in the U.S. - mCloud Technologies announced it had commenced onboarding its first AssetCare Digital Oilfield solutions at wellsites in the U.S.. These oilwells represent the first of multiple waves of customers expected to be onboarded in 2022 as mCloud maintains pace to connect at least 500 wellsites by end of year. mCloud's AssetCare Digital Oilfield is the industry's only complete, end-to-end, digital upstream oil and gas solution. AssetCare Digital Oilfield uses cloud-based AI to automate production management, continuously optimize wellsite performance, and drive predictive maintenance. Integrated connected worker capabilities enable wellsite operators to eliminate unplanned downtime and correct methane emissions in hours instead of weeks or months.
DNA NVO

Hot Stocks

07:16 EDT Ginkgo Bioworks, Novo Nordisk to partner on expression systems - Ginkgo Bioworks (DNA) announced a collaboration with Novo Nordisk (NVO) to create novel expression hosts for pharmaceutical products. Using synthetic biology, Ginkgo and Novo Nordisk will collaborate to unlock the potential of expression systems, which may accelerate and enhance the discovery and development of Novo Nordisk's biological medicines. Under the terms of the partnership, Ginkgo and Novo Nordisk will launch a multi-year collaboration. Ginkgo will receive an upfront R&D fee and is eligible to receive milestone payments as the parties advance in the collaboration.
XPO

Hot Stocks

07:16 EDT XPO Logistics appoints Yoav Amiel as CIO for spin-off - XPO Logistics announced that Yoav Amiel has been appointed chief information officer for the planned spin-off of the company's asset-light brokered transportation platform. Amiel currently leads the technology organization for XPO's North American transportation division led by Drew Wilkerson, who, as previously announced, will be chief executive officer of the spin-off company. As previously announced, XPO intends to spin off its asset-light brokered transportation platform from its asset-based less-than-truckload business, creating two separate, publicly traded companies with vast growth prospects in North America. XPO's best-in-class truck brokerage service will be the largest component of the spin-off, with complementary brokered services for managed transportation, last mile logistics and global forwarding. On June 2, 2022, XPO announced that it had filed a confidential Form 10 registration statement with the US Securities and Exchange Commission for the spin-off, which the company continues to expect to complete in the fourth quarter of 2022.
EDIT

Hot Stocks

07:16 EDT Editas, Immatics in pact to combine gamma-delta t cell therapy, gene editing - Immatics and Editas Medicine announced that the two companies have entered into a strategic research collaboration and licensing agreement to combine gamma-delta T cell adoptive cell therapies and gene editing to develop medicines for the treatment of cancer. As part of the licensing agreement, Immatics gains non-exclusive rights to Editas Medicine's CRISPR technology and intellectual property. Editas Medicine is the exclusive licensee of Harvard and Broad Institute's Cas9 patent estates and Broad Institute's Cas12a patent estate for human medicine By combining Editas Medicine's gene editing technology with Immatics' ACTallo allogeneic, off-the-shelf adoptive cell therapy platform based on gamma-delta T cells, gamma-delta T cells can be redirected to cancer cell targets with the goal of creating cells with enhanced tumor recognition and destruction.
MCRB

Hot Stocks

07:15 EDT Seres Therapeutics announces results from ECOSPOR IV study of SER-109 - Seres Therapeutics announced confirmatory results from ECOSPOR IV, an open-label study for SER-109, an investigational oral microbiome therapeutic for the prevention of recurrent C. difficile infection, rCDI. The overall safety profile observed in ECOSPOR IV through 24 weeks indicated that SER-109 was well tolerated, consistent with the safety profile observed in the prior placebo-controlled ECOSPOR III study. The ECOSPOR III and ECOSPOR IV studies together conclude the SER-109 Phase 3 development program. In ECOSPOR IV, subjects treated with SER-109 had a recurrence rate of 8.7% at eight weeks, which indicates a 91.3% sustained clinical response, consistent with the 88% rate observed in the ECOSPOR III study. Subjects with a first recurrence of CDI had a CDI recurrence rate of 6.5%, and subjects with greater than or equal to two prior CDI episodes had a CDI recurrence rate of 9.7% at eight weeks. At 24 weeks, 13.7% of all subjects treated with SER-109 had a recurrence of CDI. The data from this study help complete the U.S. Food and Drug Administration's predefined safety database requirements for SER-109. In addition to data from the SER-109 ECOSPOR III study, the ECOSPOR IV data will be included as part of the rolling submission of the BLA to the FDA. Safety data across both ECOSPOR IV and ECOSPOR III are expected to fulfill this requirement and complete Seres' Phase 3 program for SER-109. Seres has initiated the rolling submission of the SER-109 BLA and anticipates completion of the BLA submission by mid-2022. SER-109 has obtained FDA Breakthrough Therapy, which provides the potential for priority review of the application and, as a result, Seres anticipates a potential launch of SER-109 in the first half of 2023.
PHRRF

Hot Stocks

07:14 EDT PharmaTher announces results from study of KETABET for depression - PharmaTher Holdings is pleased to announce results from an investigator-led observational study evaluating the impact of KETABET, a patented drug combination of FDA-approved ketamine and betaine anhydrous, on the unwanted ketamine side effects seen post ketamine treatment for subjects with depression. KETABET aims to prevent the potential adverse psychiatric effects of repeated ketamine treatment for depression and other indications, including suicidal ideation, substance abuse, post-traumatic stress disorder, and chronic pain. The investigator-led observational study is a randomized crossover study with subjects suffering from unmanageable depression and currently receiving ketamine treatment but experiencing unwanted side effects of ketamine. The study enrolled 10 subjects and aimed to determine if the administered oral betaine anhydrous before ketamine treatment can reduce some or all of the unwanted side effects observed in the first few hours of ketamine therapy as determined by the Clinician Administered Dissociative States Scale Alleviation or reduction of side effects would support further progression of this product strategy. The CADDS is currently the standard scale used for studies assessing acute psychoactive effects of ketamine. It is used to measure present-state dissociative symptoms and assess treatment-emergent dissociative symptoms. The CADDS is comprised of 23 questions each evaluated on a 5-point scaling system. Assessment is based on three components, including depersonalization, derealization and amnesia, and an overall total score representing the severity of the condition. Depersonalization is a state in which one loses a sense of identity relative to thoughts and feelings. Derealization is a state where one feels detached from their surroundings. The Study's data support the benefit of pre-treatment with oral anhydrous betaine prior to ketamine administration for certain side effects measured by CADDS, including depersonalization and derealization. A reduction in mean of 66% at 40 minutes following ketamine infusion initiation was seen for each of these measures in the Study. Ketamine and betaine were well tolerated with no serious adverse events reported. Although the Study was not meant for statistical significance, it supports the Company's planned placebo-controlled phase 2 clinical study incorporating KETABET in the Company's proprietary microneedle patch and will further evaluate betaine anhydrous dose, timing of pre-treatment, and duration of effect on depersonalization and derealization effects of low-dose ketamine. Reduction in the depersonalization and derealization side effects associated with low-dose ketamine infusion will potentially improve treatment compliance, treatment dose range, and treatment duration associated with ketamine therapy. Additional influence of pre-treatment with betaine prior to low-dose ketamine administration will further define the Company's KETABET product scope for this and potentially other indications. Complete results of the Study are expected to be submitted for presentation at a medical congress by 2H-2022. Based on the Study results, the Company is preparing to engage the FDA to establish the next steps for a planned Phase 2 clinical study to allow for KETABET evaluation in depression under the 505(b)(2) regulatory pathway. The Company intends to use its proprietary hydrogel-forming microneedle patch for the planned Phase 2 clinical study.
STAA

Hot Stocks

07:14 EDT Staar Surgical announces more than 2M Visian ICLs sold globally - STAAR Surgical Company announced that more than two million Visian Implantable Collamer lenses, ICLs, have been sold globally, including more than one and a half million of the company's latest generation of implantable lenses - EVO Visian ICLs. New to the U.S. market, EVO is available in more than 75 countries around the world.
LTRX

Hot Stocks

07:12 EDT Lantronix announces EchoNous utilizes solutions in Kosmos development - Lantronix announced that its Open-Q Micro SOM, Development Kit and Engineering Services were utilized by EchoNous in the development of Kosmos, the first AI-assisted handheld ultrasound device.
ASLN

Hot Stocks

07:10 EDT Aslan in collaboration to probe IL-13Ra1 subunit role in AD - ASLAN Pharmaceuticals announced that it has initiated a research collaboration with Dr Shawn Kwatra, as an advisor, from Johns Hopkins University School of Medicine and Dr Madan Kwatra from Duke University Medical Center to investigate the unique role of the IL-13Ra1 subunit, distinct from the role of other pathway components, in Type 2-mediated inflammatory diseases, specifically atopic dermatitis AD.The research collaboration will evaluate the role of IL-13Ra1 in moderate-to-severe AD patient samples and will test how IL-13Ra1-mediated allergic, inflammatory and regulatory pathways are affected by eblasakimab's selective targeting of the Type 2 receptor in contrast to a broader blockade of both the Type 1 and Type 2 receptors seen in current standards of care. The studies will also explore the downstream effects of specifically targeting IL-13Ra1 by eblasakimab and help to further the understanding of the biological relevance of IL-4 and IL-13 signaling. Initial findings from the collaboration will be disclosed for presentation during the second half of 2022.Shawn Kwatra, MD, is an Associate Professor of Dermatology at the Johns Hopkins University School of Medicine in Baltimore, Maryland, and Director of the Johns Hopkins Itch Center. His areas of clinical expertise include atopic dermatitis, chronic pruritus, prurigo nodularis and dermatology for ethnic skin. Dr Kwatra has been an author or co-author on over 180 publications and is a member of the Board of Directors of the Skin of Color Society.
BABYF BZUN

Hot Stocks

07:10 EDT Else Nutrition enters agreement with Baozun in China - ELSE NUTRITION HOLDINGS announced that Baozun, the Company expects to start selling Else products in China in Q3 of this year. With Baozun's e-commerce, end-to-end solutions, the Company would have direct access to retail buyers in China, starting in Q3 2022, through a wide range of online shopping platforms such as Tmall, JD.com, Kuaishou, WeChat Mini programs, and many others. With the recent distribution agreement signing, the Company expects to start operating on China's cross-border e-commerce platforms as early.
TUSK

Hot Stocks

07:09 EDT Mammoth Energy urges PREPA to release $40.4M in emergency account - Mammoth Energy Services is calling on the Puerto Rico Electric Power Authority to release the $40.4M shown by PREPA as available in its emergency account funded by the Federal Emergency Management Agency toward payment for the electric grid restoration work completed by Mammoth's wholly-owned subsidiary, Cobra Acquisitions LLC, more than three years ago in Puerto Rico in the aftermath of Hurricane Irma and Hurricane Maria. In a document, dated May 11, 2022, entitled "13-week cash flow update," PREPA indicated that $40.4M remains available in PREPA's emergency account for Cobra's restoration work. The 13-week cash flow update, including page 9 referencing the $40.4M in available funds, was published by the Puerto Rico Fiscal Agency and Financial Advisory Authority on its website, subject to a number of qualifications, limitations and cautionary statements included therein, and is publicly available at https://www.aafaf.pr.gov/wp-content/uploads/13-week-cash-flow-update-05-11-2022.pdf. As of June 7, PREPA owes Cobra in excess of $350M, including over $123M in accrued and unpaid interest, for such restoration work. This account receivable accrues the contractual interest at the rate of over $3.3M per month. Mammoth continues to vigorously pursue the collection of this severely delinquent account receivable.
APLS

Hot Stocks

07:07 EDT Apellis, Sobi announce1st patient dosed in pegcetacoplan study for IC-MPGN, C3G - Apellis Pharmaceuticals, and Sobi announced that the first patient has been dosed in the Phase 3 VALIANT study investigating pegcetacoplan, a targeted C3 therapy, in primary immune-complex membranoproliferative glomerulonephritis IC-MPGN and C3 glomerulopathy C3G, two rare and debilitating kidney diseases with similar underlying causes and no approved treatment."Individuals with IC-MPGN and C3G experience a high burden of disease due to the lack of approved treatments to slow or stop disease progression. These diseases often lead to kidney failure, requiring dialysis or a kidney transplant, imposing further substantial burdens," said Kristen Hood, MSN, RN, executive director of research engagement at Nephcure Kidney International. "We are excited that Apellis and Sobi are advancing a Phase 3 study of pegcetacoplan in patients aged 12 and older, with primary IC-MPGN or C3G, including those with post-transplant recurrence." "Sobi and Apellis are the only companies actively pursuing a treatment for IC-MPGN," said Anders Ullman, M.D., Ph.D., head of research and development and chief medical officer at Sobi. "We are pleased that the first patient has been dosed in this Phase 3 study for IC-MPGN and C3G, both of which represent an extremely high unmet medical need. We are committed to bringing a meaningful treatment to patients affected by these severe diseases."
SKYE

Hot Stocks

07:06 EDT Skye Bioscience signs research agreements with UPO, CSIC - Skye Bioscience has signed new research agreements with the University of Eastern Piedmont in Italy and the Spanish Research Council that will focus on developing an extensive library of novel molecules designed to modulate the endocannabinoid system, with an initial focus on ophthalmic disorders. Skye launched its Cannabinoid Pharmaceutical Innovation Program in October 2021 to expand its cannabinoid-based science and cutting-edge research that can be commercialized through new and existing technologies. These new collaborations are intended to help build and screen a library of up to 100 molecules in the first year. The novel molecules will be screened using a proprietary screening platform developed by Skye to analyze key molecular targets related to a range of disease pathways. The agreement with UPO is a contract research agreement focused on the synthesis of novel derivatives of both major and minor phytocannabinoids. Skye will sponsor the research and all intellectual property developed under this CRA will be solely owned by Skye. Heading the research is Diego Caprioglio, PhD, professor in the Department of Pharmaceutical Sciences' Novara Natural Product Chemistry Group (Novara) at UPO. At Novara, Dr. Caprioglio trained under Giovanni Appendino, a pioneer in the field of phytocannabinoid chemistry. Novara's research takes inspiration from natural products to solve problems in organic chemistry with new synthetic methodologies; in cell biology, with novel mechanisms of action; and in medicine, with new drug candidates. Dr. Caprioglio has studied and developed novel potent molecules capable of interacting with the endocannabinoid system, with research ranging from non-classical cannabinoids such as beta-caryophyllene to major and minor phytocannabinoids. He has authored over 30 peer-reviewed publications and is an inventor on a number of patents related to the chemistry and bioactivity of natural products. The relationship with CSIC is two-pronged. The first prong is a material transfer agreement with an option for an exclusive license of existing molecules targeting major cannabinoid receptors as well as other receptors known to play a role in ECS signaling. The second prong is a CRA in which Skye is sponsoring the development of novel small molecule compounds targeting cannabinoid and other G protein-coupled receptors related to the ECS. Skye will retain all intellectual property developed under the CRA. Heading this project is Nadine Jagerovic, PhD, at The Medicinal Chemistry Institute, in Madrid, Spain, a division of the Spanish Research Council focused on the discovery and optimization of bioactive molecules for treatment, characterization, and diagnosis of different diseases. Over the last 15 years, her scientific interest has been focused on the discovery of modulators of G protein-coupled receptors related to the ECS. Her current research is concerned with the endogenous cannabinoid and opioid systems. She is a co-author of more than 120 peer-reviewed publications in international journals and is a co-inventor of 15 patents.
KZIA

Hot Stocks

07:05 EDT Kazia Therapeutics: Phase 2 study of paxalisib advances to expansion stage - Kazia Therapeutics is pleased to announce that a phase II, genomically-guided study of multiple therapies in patients with brain metastases, led by the Alliance for Clinical Trials in Oncology, has advanced the paxalisib arm to an expansion stage in breast cancer, following completion of the pre-specified interim analysis.
WFG

Hot Stocks

07:04 EDT West Fraser Timber announces completion of substantial issuer bid - West Fraser Timber announced that it has taken up and purchased for cancellation a total of 11,898,205 common shares at a price of $95.00 per Share under its substantial issuer bid ("SIB") for an aggregate purchase price of approximately $1.130 billion. The Shares purchased represent approximately 11.7% of the total number of West Fraser's issued and outstanding Shares and Class B shares at the time the SIB was announced in late April 2022. After giving effect to the SIB, West Fraser will have 87,473,547 Shares and 2,281,478 Class B shares issued and outstanding. No Class B shares were purchased under the SI. Since the completion of the Norbord acquisition in February 2021, the Company has repurchased 33,542,183 Shares through the completion of two SIBs as well as normal course issuer bids, representing approximately 27.2% of the total Shares and Class B shares outstanding at the time of the acquisition of Norbord for an aggregate total of approximately US$2.812 billion. Over the same period, West Fraser has returned approximately US$112 million to shareholders through dividends, for a total of approximately US$2.924 billion in capital returned to shareholders through buybacks and dividends. All shareholders who made auction tenders and purchase price tenders will have 100% of their successfully tendered Shares purchased by West Fraser at the purchase price. Payment for the Shares accepted for purchase under the SIB will be effected by Computershare by June 9, 2022 in accordance with the SIB and applicable law. The Company expects to be eligible to recommence purchases under its normal course issuer bid after all Shares accepted for purchase under the SIB have been taken up. In connection with the recommenced NCIB and subject to TSX approval, West Fraser will enter into an automatic share purchase plan with its broker, which will enable West Fraser to provide standard instructions and purchase Shares on the open market during self-imposed blackout periods. Outside of these blackout periods, Shares may be purchased in accordance with management's discretion. For Canadian federal income tax purposes, a deemed dividend arises on the repurchase of Shares under the SIB. To assist shareholders in determining the Canadian tax consequences of the SIB, West Fraser has determined that for the purposes of the Income Tax Act. the paid-up capital per Share is C$17.49. West Fraser designates the entire amount of the deemed dividend arising from its repurchase of the Shares under the SIB as an "eligible dividend" for purposes of the Income Tax Act and any corresponding provincial and territorial tax legislation. For the purposes of subsection 191(4) of the Income Tax Act (Canada), the "specified amount" in respect of each Share is US$79.95.
SJM

Hot Stocks

07:03 EDT J.M. Smucker sees FY23 free cash flow $500M; CapEx $550M - Sees FY23 adjusted effective tax rate 24.2%.
TGT

Hot Stocks

07:00 EDT Target announces actions to right-size inventory for the balance of the year - Target Corporation announced a set of actions to right-size its inventory for the balance of the year and create additional flexibility to focus on serving guests in a rapidly changing environment. These actions are intended to further build on the Company's record of growth and market-share gains. The Company is planning several actions in the second quarter, including additional markdowns, removing excess inventory and canceling orders. The action plan also includes the addition of incremental holding capacity near U.S. ports to add flexibility and speed in the portions of the supply chain most affected by external volatility; pricing actions to address the impact of unusually high transportation and fuel costs; and working with suppliers to shorten distances and lead times in the supply chain. Additionally, the Company is further accelerating work that's already in flight, including rapid revisions to sales forecasts, promotional plans and cost expectations by category. Specifically, the Company is planning for continued strength in frequency categories like Food & Beverage, Household Essentials and Beauty, and is planning more conservatively in discretionary categories like Home, where trends have changed rapidly since the beginning of the year. The Company is also pursuing aggressive options to control costs, including ongoing work with vendors to help offset inflationary pressures, driving continued operating efficiencies, and reducing costs while preserving a strong guest experience. Finally, the Company continues to build additional capacity in the Company's upstream supply chain to support its future growth by adding five distribution centers over the next two fiscal years. All of the actions announced today are the result of the Company's ongoing assessment of current industry performance, the operating environment and consumer trends.
FERG

Hot Stocks

06:57 EDT Ferguson releases ESG report - Ferguson announced the release of its Fiscal Year 2021 Environmental, Social and Governance report. Titled "Building Influence. Delivering Impact," the report highlights Ferguson's progress in conducting its operations with a lighter footprint while creating positive impact for its stakeholders. "We are dedicated to minimizing the environmental impact of our operations and fostering a culture that is safe, inclusive and engaging for our associates," said Kevin Murphy, Ferguson CEO. "This ESG report showcases how our people, expertise and position within the value chain create positive impact opportunities for our customers, suppliers and local communities and help build a better world."
NEWP

Hot Stocks

06:57 EDT New Pacific Metals commences drilling at Jisas prospect - New Pacific Metals is pleased to announce the commencement of drilling at Jisas prospect, a satellite concession located in the north block, approximately 3 kilometres north of the Silver Sand Project. The Company owns 100% interest in the Jisas prospect. As the infill and step-out drilling at the Silver Sand Project for mineral resource update to be incorporated into the Preliminary Economic Assessment due by the end of 2022 has been concluded in mid-May, 2022, the Company has now deployed one rig to carry out an initial 2,000 metre exploration drilling program at the Jisas prospect. The Jisas prospect has undergone small scale underground mining prior to acquisition by the Company. Silver mineralization in bleached sandstones is similar to that at Silver Sand. Chip samples from surface outcrops and underground workings as well as grab samples from mining dumps taken by the Company returned silver grades ranging from tens of grams up to nine hundreds of grams per tonne.
THS

Hot Stocks

06:54 EDT TreeHouse CFO William Kelley to step down - TreeHouse Foods announced that William Kelley Jr. will step down as EVP and CFO to pursue another professional opportunity. Kelley will remain with TreeHouse through June 30, 2022 to ensure a smooth transition and will be succeeded on an interim basis by Patrick O'Donnell, Chief Accounting Officer of TreeHouse Foods. The Company has engaged an executive search firm to review candidates for a permanent CFO, including both internal and external candidates.
BDX

Hot Stocks

06:52 EDT Becton Dickinson appoints Simon Campion as Medical segment president - BD announced it has appointed Simon Campion as EVP and president of the Medical segment for BD, effective July 1, 2022. Campion, 51, will replace Alberto Mas who previously announced his intent to retire from BD. In this role, Campion will be responsible for the global strategic, operational and commercial performance of the Medical segment portfolio and will be accountable for delivering the segment's innovation agenda aligned to the BD 2025 strategy. Campion will also continue to lead the Interventional segment in the interim until a successor is named. He will report to Tom Polen, chairman, CEO and president of BD. Campion has served as EVP and president of the Interventional segment for BD since September 2018.
UNFI

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06:49 EDT United Natural Foods sees FY22 CapEx $250M vs. prior view of $300M
NAK

Hot Stocks

06:48 EDT Northern Dynasty announces inclusion in Battery Metals Index of the TSX - Northern Dynasty Minerals announces that it is one of the 40 companies in the new Battery Metals Index of the Toronto Stock Exchange.
MRK

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06:47 EDT Merck and Ridgeback announce additional data from Phase 3 MOVe-OUT trial - Merck and Ridgeback Biotherapeutics announced the Annals of Internal Medicine has published additional data from the Phase 3 MOVe-OUT trial evaluating LAGEVRIO an investigational oral antiviral medicine, in non-hospitalized adults with mild to moderate COVID-19 who were at high risk for progressing to severe disease. Analyses of pre-specified exploratory endpoints indicate that a lower proportion of LAGEVRIO-treated participants in the modified intent-to-treat, or MITT, population had an acute care visit or a COVID-19-related acute care visit versus placebo-treated participants in the MITT population: 7.2% of participants who received LAGEVRIO reported an acute care visit through Day 29, versus 10.6% of placebo participants, with a relative risk reduction, or RRR, of 32.1%; 6.6% of participants who received LAGEVRIO reported a COVID-19-related acute care visit, versus 10.0% of placebo participants, with a RRR of 33.8%. The MITT population included all participants who were randomly assigned, received at least one dose of study drug, and were not hospitalized before the first dose of study drug. Based on a post hoc analysis, fewer LAGEVRIO-treated participants in the MITT population required respiratory interventions versus placebo-treated participants, with a RRR of 34.3% for all respiratory interventions.
WD

Hot Stocks

06:47 EDT Walker & Dunlop enters partnership with Metro Fund Inc. - Walker & Dunlop announces a new preferred correspondent agreement with Metro Fund Inc., a commercial real estate lender based in Miami, Florida. The agreement represents an equal partnership, which will expand Walker & Dunlop's reach in South Florida through Metro Fund's strong local relationships and established track record in financing all asset classes. Metro Fund, in turn, will leverage Walker & Dunlop's brand, experience, and technology to originate loans through Fannie Mae, Freddie Mac, and the capital markets, thereby increasing its overall lending capabilities.
IGT

Hot Stocks

06:47 EDT International Game debuts Cobalt 27 VLTs in Canada - International Game Technology announced that it will deliver 960 Cobalt 27 video lottery terminals to Manitoba Liquor and Lotteries Corporation. This marks the first installment of IGT's Cobalt VLT in Canada.
ANNX

Hot Stocks

06:43 EDT Annexon reports 'promising, final data' from Phase 2 trial of ANX005 - Annexon announced promising, final data from its open-label Phase 2 clinical trial of ANX005 in patients with Huntington's disease. Final data showed: Treatment with ANX005 led to complete and durable target engagement of C1q in both serum and CSF throughout the treatment period and well into the follow-up period. Disease progression was stabilized in the overall HD patient population for the entire nine months of the study, as assessed by both cUHDRS and TFC, the two primary clinical measurement scales for HD. In contrast, published natural history data show that HD patients are expected to experience decline over nine months as their disease progresses. HD patients with higher baseline complement activity, as measured by elevated levels of C4a in CSF, demonstrated a rapid clinical benefit, as assessed by both cUHDRS and TFC, that was sustained over the entire nine months of the study. Improvement in cUHDRS and TFC in HD patients with higher baseline complement was evident six weeks after dosing initiation and was maintained over nine months through the on-treatment and follow-up periods Plasma and CSF NfL levels remained generally consistent through the nine-month study, and were comparable to NfL levels described in published natural history data for HD patients. Published data suggest that in slowly progressive neurodegenerative diseases like HD, synapse loss is associated with progressive functional decline, and precedes the loss of neurons2 and increase in NfL, a biomarker of neuronal loss. ANX005 was generally well-tolerated throughout the trial, with no change in safety results from the interim findings previously reported.
CZOO

Hot Stocks

06:38 EDT Cazoo announces 15% headcount reduction and other cost reduction measures - Cazoo Group announced a business realignment plan. Whilst growth remains strong, with record retail unit sales in May, the Company is not immune to the rapid shift in the global economy and the possibility of a recession in the coming months. Considering these macroeconomic conditions, the Company is acting decisively to implement a business realignment plan to right-size the business and conserve cash in the short-term. The plan prioritises gross margin and retail GPU growth, with a focus on cash preservation, whilst delivering strong growth in retail unit sales of over 100% in 2022. Alex Chesterman OBE, Founder & CEO, commented, "The combination of rising inflation and interest rates with supply chain issues caused by the pandemic and war has driven up the cost of living and hit consumer confidence. This perfect storm has placed cash conservation top of mind for the Company, ahead of growth." The company's key goals from this plan are to: Lower selling, general and admin costs per unit while minimising the impact on growth; Achieve UK breakeven at lower retail unit sales with stronger focus on GPU and working capital; Manage costs and expenditure to become self-funding in the UK without needing further capital. Actions being undertaken to lower costs and drive operational efficiencies: Reducing existing employee headcount by c.15% and slowing the pace of new hiring, Lowering our brand marketing spend and focusing more on performance marketing; Limiting our capital expenditure and delaying a number of planned investment projects; Rationalising our vehicle preparation and customer support sites to drive more efficiency; Increasing focus on driving GPU growth through more efficient buying and reconditioning; Modifying our consumer proposition to drive costs down and improve operating efficiencies; Increasing procurement efficiencies across our entire supply chain to reduce overhead costs; Slowing our near-term growth aspirations in both the UK and EU to focus on profitable growth. The Company will no longer be offering its subscription service to new subscribers from the end of June. It is expected that the combination of these initiatives will result in cash savings to the Company's budget of over GBP 200M during the period from June 1, 2022 to December 31, 2023 with approximately 750 roles being impacted across the business. The Company will continue to evaluate its business plan as necessary to address trends in the marketplace and macroeconomic factors.
GIB

Hot Stocks

06:38 EDT CGI Inc. announces implementation of contract-writing system at U.S. VA - CGI announced the implementation of the cloud-based CGI Federal's Momentum Acquisitions contract-writing system at the U.S. Department of Veterans Affairs. This third implementation of the VA's Financial Management Business Transformation program at the National Cemetery Administration also marks a major milestone in the modernization of VA's business systems. For the first time, financial and acquisition functionality are fully integrated into the Integrated Financial and Acquisition Management System. The next iFAMS wave is scheduled to go live in October 2022 and includes most Headquarter Staff Offices. FMBT will then continue its incremental rollout of iFAMS to the remaining VA Administrations and Staff Offices.
VRAY

Hot Stocks

06:36 EDT Shin-Matsudo Central General Hospital selects ViewRay MRIdian system - ViewRay announced that Shin-Matsudo Central General Hospital has purchased a MRIdian MRI-guided radiation therapy system for installation at Shin-Matsudo Accuracy Radiation Therapy Center in Japan. This is the third MRIdian system in Japan intended to help address an unmet need with a growing population and an increasing rate of cancer patients in Toukatsu. The center expects to begin patient treatments in the early Fall of 2023. With a population of three million in the Toukatsu area, there is a potential shortage of radiation treatment facilities. The addition of a MRIdian system is intended to help address this issue by providing cutting-edge radiation to local patients. The hospital intends to utilize MRIdian's full capabilities including stereotactic body radiation therapy and hypofractionated radiation delivery, as well as on-table adaptive therapy, for various indications with an emphasis on those that require extreme precision such as pancreas, prostate, lung, and oligometastatic disease.
NFGC

Hot Stocks

06:35 EDT New Found Gold names Ron Hampton as Chief Development Officer - New Found Gold is pleased to announce the appointment of Ron Hampton as Chief Development Officer of the company. Ron will be based in St. John's, Newfoundland and will report to Collin Kettell, Chair and CEO of New Found.
VERU

Hot Stocks

06:33 EDT Veru submits EUA application to FDA for sabizabulin - Veru announced that is has submitted an emergency use authorization application to the U.S. FDA for its sabizabulin oral 9mg treatment of moderate to severe hospitalized COVID-19 patients at high risk for developing Acute Respiratory Distress Syndrome. Mitchell Steiner, M.D., Chairman, President, and CEO of Veru said, "We have also scaled up manufacturing of sabizabulin 9mg capsules to meet the needs of patients in the U.S. and are building our U.S. infectious disease commercial franchise. We look forward to working with the FDA during its review of our request for EUA application. We have also begun seeking EUA and approvals with other regulatory agencies around the world."
VIAV

Hot Stocks

06:33 EDT Viavi announces availability of ApexNow - Viavi Solutions announced the availability of ApexNow, an app integration between VIAVI Observer Apex and ServiceNow IT Operations Management and Telecommunications Service Operations Management. ApexNow provides IT teams with immediate access to the VIAVI patented End User Experience scoring model, further accelerating problem identification, analysis and resolution for users of Observer and the ServiceNow Platform. The Observer ApexNow application is available from the ServiceNow Store.
ANNX

Hot Stocks

06:31 EDT Annexon announces data from Phase 2 clinical trial of ANX005 - Annexon announced promising, final data from its open-label Phase 2 clinical trial of ANX005 in patients with Huntington's disease, or HD. HD is a fatal, progressive movement disorder that affects approximately 80,000 people globally, with about 300,000 people who are at-risk of inheriting the disease-causing gene. Annexon's unique approach to tackle HD targets C1q, the initiating molecule of the classical complement pathway, to slow or halt classical complement diseases. In neurodegenerative diseases like HD, C1q inappropriately recognizes and tags functioning synapses necessary for normal brain health by activating and amplifying complement components that cause neuroinflammation, synapse damage and ultimately synapse loss. ANX005 is designed to fully block C1q and the entire classical complement pathway with the aim of preserving functioning synapses to slow or halt neurodegeneration.
HSIC

Hot Stocks

06:31 EDT Henry Schein to acquire Condor Dental, terms not disclosed - Henry Schein announced that it has signed a definitive agreement to acquire Condor Dental Research Company, a privately held dental distribution company that serves dental general practitioners, specialists, and laboratories in Switzerland. Condor Dental is based in Vouvry, Switzerland, and was established in 1978. Sales for 2021 were approximately $18M, the majority of which were from dental consumable merchandise, with further revenue from the customization of dental practices and dental laboratory installations. Once the transaction closes, Condor Dental will join Henry Schein's International Distribution Group, and the business will continue to be led by Yves Mailliard, Condor's COO. Henry Schein will acquire Condor Dental from MCCB Holding Sarl, a health care holding company that is wholly owned by the Libon family. This transaction is expected to be neutral to Henry Schein's 2022 diluted earnings per share and to be accretive thereafter. Financial terms were not disclosed.
FRG KSS

Hot Stocks

06:27 EDT Franchise Group to contribute $1B to Kohl's transaction upon definitive deal - In a separate press release last night confirming three-week exclusive negotiations with Kohl's (KSS), Franchise Group (FRG) stated: "Franchise Group announced that it has entered into a three week exclusive negotiation period to acquire Kohl's Corporation for $60.00 per share in cash. If Franchise Group and Kohl's Corporation enter into a definitive agreement, Franchise Group intends to contribute approximately $1 billion of capital to the transaction, all of which is expected to be funded through a corresponding increase in the size of its secured debt facilities. A majority of the financing for the transaction is anticipated to be provided on the basis of the real estate assets of Kohl's Corporation. Other than the increased secured debt facilities of Franchise Group, none of the financing for the transaction is expected to be recourse to Franchise Group. Franchise Group remains committed to its conservative financial policies, including target leverage levels, and maximizing free cash flow generation. If a transaction is completed, it is anticipated that the free cash flow, Adjusted EBITDA and Non-GAAP EPS of Franchise Group would significantly increase. The significant increase in free cash flow generation is expected to further Franchise Group's objective of increasing dividends and other capital return to shareholders, while also enabling Franchise Group to accelerate continued organic and inorganic investments."
TRX

Hot Stocks

06:19 EDT TRX Gold reports preliminary Q3 production of 2,733 ounces of gold - TRX Gold announced preliminary Q3 production of 2,733 ounces of gold, exceeding previous production guidance of 750-800 ounces of gold per month, as well as preliminary Q3 sales of 3,033 ounces of gold, both new records for the Company. Preliminary Q3 old production was higher than Q2 reflecting the first full quarter of the 360 tonne per day, or tpd, processing plant operating at full design capacity along with a solid grade profile. The expansion to 1,000+ tpd remains on budget and is scheduled for completion in calendar Q3. TRX Gold will provide additional discussion and analysis regarding its Q3 production and sales when the Company reports its quarterly results in early July 2022.
LITM

Hot Stocks

06:14 EDT Snow Lake Lithium collaborates with University of Manitoba - Snow Lake Resources announced the collaboration with the University of Manitoba to strengthen the understanding of the lithium deposits in Snow Lake and to support the development of a framework to help shape Canada's future minerals and metals strategy. With demand for electric vehicles growing rapidly, the global automotive and energy storage industries will be competing to access raw materials, especially lithium, which is a crucial component of batteries. As a global mining powerhouse, Canada is perfectly placed to meet this increasing global demand for critical minerals such as lithium. Led by Dr. Mostafa Fayek from the University's Faculty of Environment, Earth and Resources, the two-year research project between Snow Lake Lithium and the University of Manitoba will provide considerable insights into the Company's critical mineral inventory and most effective exploration strategies to extract lithium from the Company's Snow Lake Lithium site in the future. Based in Manitoba, Canada, Snow Lake Lithium is developing the world's first all-electric lithium mine to enable domestic supply of this critical resource to the North American electric vehicle industry. Snow Lake Lithium is ideally located to serve the North American automotive industry with access to the US rail network via the Artic Gateway railway, which reduces transportation from thousands of miles by road and boat to just several hundred by train. Snow Lake Lithium's 55,000-acre site is expected to produce 160,000 tonnes of 6% lithium spodumene a year over a 10-year period. Currently, Snow Lake Lithium has explored around 1% of its site and is confident that further exploration will increase estimates over the course of the next year. Snow Lake Lithium's mine will be operated by almost 100% renewable, hydroelectric power to ensure the most sustainable manufacturing approach. Over the coming months, Snow Lake Lithium will continue its engineering evaluation and drilling program across its Snow Lake Lithium Project site, with the expectation that mining operations will transition to commercial production in late 2024.
PRSO

Hot Stocks

06:13 EDT Peraso enters global distribution agreement with Richardson RFPD - Peraso announced a distribution agreement that enables Richardson RFPD to sell Peraso's RF products on a global basis.
RGF WMT

Hot Stocks

06:11 EDT Real Good Food announces launch of chicken enchiladas in Sam's Club - The Real Good Food Company has announced the launch of its newest product, Grande Chicken Enchiladas, in Sam's Club stores nationwide. Real Good Foods is building on momentum in Sam's Club stores after launching two products earlier this year.
CYD

Hot Stocks

06:10 EDT China Yuchai establishes engine service joint venture - China Yuchai International announced today that Guangxi Yuchai Machinery Monopoly Development, a subsidiary of GYMCL, has formed a new joint venture, Suzhou Yuxing Automobile Technology, to enhance the nationwide engine services and emergency services for all vehicles powered by Yuchai engines in China. Pursuant to the joint-venture agreement, YMMC has a 30% equity interest in Suzhou Yuxing. Xingwei Automobile Technology. owns a 25% equity interest. Tianjin Zhuoyu Automobile Technology Partnership has another 8% equity interest. Fujian Zhongchuang Chelian Network Technology, an automotive parts supply chain service provider, has a 12% equity interest. Tianjin Zhongding Chuangxing Automobile Technology Partnership, incorporated by YMMC's distributors, owns a 25% equity interest. Total registered capital for Suzhou Yuxing is RMB 5 million, pro-rated among the equity owners by their respective interest.
AUGG

Hot Stocks

06:07 EDT Augusta Gold announces results of mineral resource estimate at Reward Project - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE:11B) ("Augusta Gold" or the "Company") is pleased to announce the results of its mineral resource estimate at the Reward Project located in Nevada, USA. Closing of the Company's acquisition of the Reward Project is expected imminently. Highlights: Reward: measured and indicated mineral resources of 426,700 oz gold grading 0.75 g/t gold and inferred mineral resources of 27,100 oz gold grading 0.68 g/t gold; fully permitted, low-risk heap leach project; ample water rights and sufficient water supply in place. Bullfrog: measured and indicated mineral resource estimate of 1,209,290 oz gold grading 0.53 g/t gold and combined inferred mineral resources of 257,900 oz gold grading 0.48 g/t gold; completing required studies for Mine Plan of Operation scheduled for submission H1 2023. Reward and Bullfrog: combined measured and indicated mineral resources of 1,635,990 oz gold grading 0.59 g/t gold and combined inferred mineral resources of 285,000 oz gold grading 0.50 g/t gold; Reward and Bullfrog are only 7 miles apart and located in Nevada, a top mining jurisdiction; shared infrastructure expected to provide meaningful synergies. Don Taylor, President and CEO commented: "Reward is a fully permitted, low-risk heap leach project located in a top mining jurisdiction. The recently completed pit constrained resource is indicative of what we can expect in terms of production from the property. In tandem with our work at Reward we will be completing the required studies for a Mine Plan of Operations for the Bullfrog project scheduled for submission to the regulatory agencies by H1 2023 requesting permits to begin mining operations. It is anticipated that Reward will be the first production in the district followed by the larger planned production from Bullfrog."
HITI

Hot Stocks

06:04 EDT High Tide opens Canna Cabana store in Saskatoon - High Tide announced that its Canna Cabana retail cannabis store located at 2102 22 Street West in Saskatoon, Saskatchewan has begun selling recreational cannabis products and consumption accessories for adult use. This opening represents High Tide's 126th branded retail location across Canada, and 10th in Saskatchewan, selling recreational cannabis products and consumption accessories. The store is High Tide's first location in Saskatoon, which is the largest city in Saskatchewan with a population of over 266,000 people. It is situated on a major east-west road as part of a commercial corridor that includes numerous retail businesses and restaurants.
GACQ

Hot Stocks

06:03 EDT Global Consumer Acquisition to extend deadline for business combination - Global Consumer Acquisition Corp. announced that, on June 6, it notified the trustee of the company's trust account of its intent to extend the time available to the company to consummate a business combination from June 11 to September 11. The Extension is the first of up to two three-month extensions permitted under GACQ's governing documents. In connection with such Extension, Global Consumer Acquisition LLC, the company's sponsor, will deposit an aggregate of $1,826,300 into GACQ's trust account prior to June 11, on behalf of the company. GACQ will issue a press release the day after the applicable deadline announcing that the funds have been timely deposited. The Extension provides GACQ with additional time to complete its proposed business combination with GP Global Limited and Luminex Home Decor & Fragrance Holding Corporation, industry leaders in branded, licensed and private label solutions in the Air Care and Personal Care sectors.
ACIW

Hot Stocks

06:02 EDT ACI Worldwide to divest its corporate online banking solutions to OEP - ACI Worldwide announced a definitive agreement to divest its corporate online banking solutions to One Equity Partners, or OEP, a middle market private equity firm. Marketed as ACI Digital Business Banking, the leading technology platform provides solutions for commercial and business banking customers through an API-driven interface. The transaction includes employees, customer contracts, technology assets and intellectual property. OEP will acquire ACI's corporate online banking solutions for $100M in cash. ACI will update financial guidance when the transaction closes and expects the timing to be in Q3.
BDSX

Hot Stocks

06:01 EDT Biodesix obtains Medicare coverage for Nodify CDT lung nodule test - Biodesix announced that WPS Government Health Administrators, the Medicare Administrative Contractor with jurisdiction for Biodesix's De Soto, Kansas laboratory, has provided coverage for the Nodify CDT lung nodule test. The Nodify CDT test is a part of the Biodesix's blood-based Nodify Lung Nodule Risk Assessment testing strategy consisting of two tests to aid physicians in stratifying patients into distinct nodule management treatment pathways: diagnostic procedure or imaging surveillance. The Nodify CDT test helps identify patients with lung nodules that are likely malignant or higher risk of cancer, and the Nodify XL2 test conversely helps identify those that are likely benign or lower risk of cancer.
WMT

Hot Stocks

05:58 EDT MODAMODA to open brand shop in Walmart - MODAMODA, a bio-cosmetics company, announced that it is opening a brand shop in Walmart on June 2. MODAMODA is preparing to launch offline stores upon opening of the online stores within Walmart, and is currently selling at Amazon USA, Target, H.E.B. ABC Store, 99 Ranch Market and Planet Beauty.
MOMO

Hot Stocks

05:55 EDT Hello Group reports MAUs of 110.9M in March vs. 115.3M a year ago - MAU on Tantan application were 25.6M in March 2022. Total paying users of live video service and value-added service, without double counting the overlap and including 2.4M paying users of Tantan Limited, were 11M for the first quarter of 2022, compared to 12.6M for the first quarter of 2021, which included 3.5M paying users of Tantan.
EBS JNJ

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05:52 EDT Emergent sends Janssen notice of material breach of Covid-19 vaccine supply deal - In a regulatory filing, Emergent BioSolutions (EBS) said that on June 6, the company provided to Janssen (JNJ) a notice of material breach of the Agreement for, among other things, (i) failure by Janssen to provide the company the requisite forecasts of the required quantity of Product to be purchased by Janssen under the Agreement; (ii) to confirm Janssen's intent to not purchase the requisite minimum quantity of the Product pursuant to the Agreement; and (iii) instead, wind-down the Agreement ahead of fulfilling these minimum requirements. The Agreement provides, in pertinent part, the following terms, among others, for notice, cure, and termination: Janssen has the right to terminate the Agreement by written notice to the company (a) if thirty (30) days following receipt by the company of written notice from Janssen of a material breach of the Agreement, the company has failed to start and diligently pursue the cure of such breach, and (b) upon twelve (12) months' advance written notice if Janssen decides to stop selling the Product. The company has the right to terminate the Agreement by written notice to Janssen if thirty (30) days following receipt by Janssen of written notice from the company of a material breach of the Agreement Janssen has failed to cure such breach. Upon notification of termination, the company agrees to promptly cease performing services under the Agreement and to take reasonable steps to mitigate expenses incurred therewith. Termination of the Agreement will not affect the obligation of either party to make any payments for which it is liable prior to or upon such termination, including payment by Janssen for certain raw materials purchased pursuant to the Agreement prior to its termination, and payment by Janssen for all services related to the required minimum quantity. Under the terms of the Agreement, the company had agreed to provide contract development and manufacturing services to produce drug substance at large scale for up to five years, originally valued at approximately $480M in the first two contract years. At the time of the Notice, it is the company's position that the payments owed to the company by Janssen, if the Agreement were to be terminated, would be in the estimated range of approximately $125M to $420M.
LLY

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05:52 EDT Eli Lilly reports new findings from Phase 3 study of lebrikizumab - Eli Lilly and Company announced topline results from one-year analyses of the efficacy and safety of lebrikizumab, the company's investigational IL-13 inhibitor for the treatment of patients with moderate-to-severe atopic dermatitis. The new findings from the Phase 3 clinical trials showed eight out of ten patients who achieved clinical response with lebrikizumab monotherapy at 16 weeks maintained skin clearance at one year of treatment with the once every two weeks or four weeks regimen. Additionally, patients treated with lebrikizumab maintained itch relief across the two trials over the one-year period. These results build upon positive data from the 16-week, double-blind, placebo-controlled part of the ADvocate program. In ADvocate 1, 79% of patients who received lebrikizumab every four weeks and 79% of patients who received lebrikizumab every two weeks maintained 75% or greater skin improvement at one year of treatment. Additionally, 85% of patients who received lebrikizumab every four weeks and 77% of patients who received lebrikizumab every two weeks maintained EASI-75 response in ADvocate 2 at one year of treatment. The frequency of adverse events and the overall safety profile among these patients treated with lebrikizumab were consistent with the induction phase of the trials as well as previous lebrikizumab studies in AD. No new safety signals were observed in this patient population. With these data, Lilly plans to submit a Biologics License Application to the U.S.FDA for lebrikizumab in AD in the second half of 2022, followed by submissions to other regulatory agencies around the world. Almirall also plans to submit these results this year to the European Medicines Agency for authorization.