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

ADPT

Hot Stocks

20:07 EDT Cathie Wood's ARK Investment bought 155.4K shares of Adaptive Biotech today
ADPT

Hot Stocks

20:05 EDT Adaptive Biotechnologies bought 155.4K shares of Adaptive Biotechnologies today
TDOC

Hot Stocks

20:05 EDT Cathie Wood's ARK Investment bought 50.3K shares of Teladoc today
FCPT

Hot Stocks

19:45 EDT Four Corners Property announces disposition of Burger King property for $2.1M - Four Corners Property Trust announces the disposition of a Burger King restaurant property for $2.1M. The property is located in Mississippi and is operated by Carrols Restaurant Group under a triple net lease with approximately sixteen years of term remaining. The transaction was priced at a 5.2% cap rate on current rent, exclusive of transaction costs, and will result in an immaterial gain to FCPT. The company plans to repurpose the proceeds into new investment opportunities consistent with FCPT thresholds.
DWAC

Hot Stocks

19:15 EDT Digital World Acquisition files proxy statement to extend deal time frame - Digital World Acquisition "announced the filing of a definitive proxy statement to hold a special meeting of stockholders to amend the Company's charter to extend the period of time for the Company to complete a business combination up to four times, each by an additional three months, for an aggregate of 12 additional month or such earlier date as determined by the board of directors."
ISLE

Hot Stocks

18:34 EDT Isleworth Healthcare Acquisition announces redemption of shares and dissolution - Isleworth Healthcare Acquisition "announced that it has cancelled its special meeting of shareholders that was previously scheduled for August 26, 2022, and that it will redeem all of its outstanding ordinary shares that were included in the units issued in its initial public offering, effective as of the close of business on August 29, 2022, as the Company will not consummate an initial business combination on or prior to September 1, 2022. Pursuant to the Amended and Restated Certificate of Incorporation, if the Company does not complete its initial business combination by September 1, 2022, then the Company will: (i) cease all operations except for the purpose of winding up, (ii) promptly redeem the public shares within ten business days thereafter, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Company's trust account including interest earned on the funds held in the trust account."
NEWR

Hot Stocks

17:45 EDT Correct: New Relic did not report Q2 earnings, headline entered in error
ATRI

Hot Stocks

17:36 EDT Atrion approves succession plan under which Cindy Ferguson to become CFO - Atrion Corporation announced that its Board of Directors has approved a succession plan under which Cindy Ferguson, currently the Company's Controller, will become the Company's Vice President and Chief Financial Officer, Secretary, and Treasurer effective March 4, 2023, succeeding Jeffery Strickland, who currently holds those positions and whose retirement effective March 3, 2023 has been previously reported. Emile A Battat, Chairman of the Board, stated, "Mr. Strickland joined the Company in 1983 and has served in his current positions since 1997. Throughout his almost 40 years of service to the Company, Mr. Strickland has worked tirelessly to create a stronger company, and we are indebted to him for his commitment, insight, and integrity." Mr. Battat added, "The Company is pleased to announce an orderly succession by naming Ms. Ferguson to succeed Mr. Strickland as Vice President and Chief Financial Officer, Secretary, and Treasurer well in advance of his retirement. We look forward to working with her for many more years."
PBA

Hot Stocks

17:17 EDT Pembina Pipeline appoints Cameron Goldade as CFO - Pembina Pipeline has named Cameron Goldade as the company's CFO. This appointment concludes the previously announced executive search process undertaken by the company. Goldade was appointed the company's interim CFO in November 2021 and previously served as Vice President of Capital Markets. As part of its ongoing Board succession planning, the company also announced that Henry Sykes will be appointed as Board Chair effective January 1, 2023, replacing Randall Findlay who, as previously announced, intends to retire prior to the next annual meeting of shareholders and will not stand for re-election. Sykes joined the Pembina Board in 2017 and is currently the Chair of the Human Resources, Health and Compensation Committee and a member of the Audit Committee.
COIN

Hot Stocks

17:13 EDT Coinbase director buys $372K in common stock - In a regulatory filing, Coinbase disclosed that its holder Tobias Lutke bought 5.2K shares of common stock on August 23 in a total transaction size of $372.4K.
INTC

Hot Stocks

17:13 EDT CEO of Intel Patrick Gelsinger purchases 14,800 shares of company stock - The CEO of Intel Patrick Gelsinger disclosed in a filing, that he had purchased 14,800 shares of company stock at $33.86 per share on August 24, for a total transaction amount of $501,153.
PRG

Hot Stocks

17:01 EDT PROG Holdings responds to litigation filed by Pennsylvania Attorney General - PROG Holdings issued the following statement in connection with a lawsuit filed by the Pennsylvania Attorney General regarding its Progressive Leasing business: "We are deeply disappointed with the Pennsylvania Attorney General's decision to file a complaint against our Progressive Leasing business. While we appreciate and support the important role the Pennsylvania Attorney General plays in protecting Pennsylvania consumers, Progressive Leasing has always been committed to transparent business practices and a superior customer experience. We believe Progressive Leasing sets the standard for its industry and we're extremely proud of the work it does every day to provide solutions for its customers' needs. To that end, we are very appreciative of the support Governor Tom Wolf and the Pennsylvania State Legislature have shown by their recent modernization of the antiquated law upon which the Attorney General's complaint is based. House Bill 2709, which goes into effect on September 9, 2022, effectively ratifies the exact type of electronic disclosures Progressive Leasing has been making for years in Pennsylvania. Accordingly, we will vigorously defend Progressive Leasing in court and look forward to Progressive Leasing continuing to provide Pennsylvania consumers with the flexible lease-to-own solutions they need".
DASH

Hot Stocks

17:00 EDT DoorDash says certain personal information maintained by company hacked - DoorDash said in part: "We recently became aware that a third-party vendor was the target of a sophisticated phishing campaign and that certain personal information maintained by DoorDash was affected. Importantly, the phishing campaign did not compromise sensitive information and we have no reason to believe that affected personal information has been misused for fraud or identity theft at this time. Because we value the trust our users place in us, we're sharing an update on what happened and how we're responding...DoorDash recently detected unusual and suspicious activity from a third-party vendor's computer network. In response, we swiftly disabled the vendor's access to our system and contained the incident. Based on our investigation, we determined the vendor was compromised by a sophisticated phishing attack. The unauthorized party used the stolen credentials of vendor employees to gain access to some of our internal tools. The advanced tactics used appear to be connected to a wider phishing campaign that has targeted a number of other companies. We understand that law enforcement is aware of this campaign and is actively investigating. We have contacted them to offer our support. Reference Link
NSYS

Hot Stocks

17:00 EDT Nortech Systems announces patent for Flexible Faraday Cage - Nortech Systems Incorporated announced this week that the US Patent Office has issued Patent No. 11,412,608, for the Company's Flex Faraday Xtreme, a flexible printed circuit for transmitting high frequency signals while precisely controlling both crosstalk and impedance, minimizing electromagnetic interference, improving parallel transmission alignment, and increasing data density. This work is based on the important work of Michael Faraday in the 1830s that contributed to our current understanding of shielding effects of what we now call a Faraday Cage, the company said.
ZY

Hot Stocks

16:45 EDT Zymergen Chief Science Officer, Zach Serber, to step down - In connection with the August Reduction in Force, Zach Serber, the company's Co-Founder and Chief Science Officer and a member of the company's board of directors, will be stepping down from his position as Chief Science Officer, effective as of September 22. Dr. Serber has agreed to continue through such date in order to facilitate a smooth and orderly transition of his responsibilities and is expected to remain on the company's board of directors following his cessation of employment.
ZY

Hot Stocks

16:44 EDT Zymergen to cut additional 80 jobs - On July 25, Zymergen announced a reduction in force as part of its efforts to continue to execute on its previously announced strategic plan, including managing costs and conserving cash resources. The initial phase of this reduction in force was implemented on July 26 and resulted in the termination of approximately 80 employees. On August 25, the company announced a further reduction in force that is expected to result in the termination of approximately 80 additional employees. The company estimates it will incur cash-based severance costs of approximately $3.8M related to the August 2022 Reduction in Force and an aggregate of approximately $7.4M in cash-based severance costs when combined with the initial reduction in force. The company also expects to incur stock-based compensation and employee restructuring costs related to these reductions in force, the amount of which has not yet been estimated.
AR

Hot Stocks

16:42 EDT Director of Antero Resources Clark sells 5K shares of company stock - Director of Antero Resources Robert Clark disclosed in a regulatory filing that he had sold 5,000 shares of company stock at $45 per share on August 23, for a total transaction amount of $225,000
CCBG

Hot Stocks

16:41 EDT Capital City Bank CFO J. Kimbrough Davis to retire, Jep Larkin to succeed - Capital City Bank announced that, effective January 1, 2023, Jep Larkin will be named executive VP and CFO to succeed J. Kimbrough Davis, who has elected to retire after 41 years with the company. Davis will continue his existing duties until December 31, while ensuring a transition of responsibilities to Larkin. Larkin joined Capital City in 1986 and has worked closely with the CFO throughout his career. He is currently the senior VP and controller of CCBG and a member of the senior management committee.
IDT

Hot Stocks

16:39 EDT IDT Corp informed by FCC that license review will bring no further action - IDT Corporation has been informed by the Enforcement Bureau of the Federal Communications Commission's -FCC - Spectrum Enforcement Division that the Bureau has completed its review of the record regarding the renewal of spectrum licenses included in IDT's 2013 spinoff of Straight Path Communications and, at this time, does not plan to take further action in the matter.
WDAY

Hot Stocks

16:38 EDT Workday jumps 11.5% afterhours after Q2 beat, affirmed FY23 subscription revenue
FNCH TAK

Hot Stocks

16:37 EDT Takeda terminates collaboration with Finch Therapeutics on IBD candidates - Finch Therapeutics (FNCH) will regain full development and commercial rights to FIN-524 - previously known as TAK-524 - and FIN-525 from Takeda Pharmaceutical (TAK). Following a review of its pipeline, Takeda informed Finch of its decision to terminate its collaboration with Finch, effective November 17, resulting in the return to Finch of worldwide rights to develop and commercialize FIN-524, FIN-525, and any other microbiome product candidates for inflammatory bowel disease, or IBD. FIN-524 and FIN-525 are investigational, orally administered targeted microbiome product candidates composed of bacterial strains selected for their potential immuno-modulatory properties. Finch has received more than $44M from Takeda during the course of the collaboration, including an upfront payment of $10M, $4M in milestone payments, and more than $30M in reimbursement of research and development expenses. Upon termination, Finch will receive a royalty-free license to all data and intellectual property generated during the collaboration, including full rights to a large library of characterized bacterial isolates, data from multiple ex vivo and in vivo studies, a suite of pharmacokinetic and pharmacodynamic assays, and a significant body of chemistry, manufacturing, and controls data generated during the investigational new drug-enabling phase of development.
DELL

Hot Stocks

16:36 EDT Dell Technologies drops 7% to $44.29 after mixed Q2 results
CRM

Hot Stocks

16:36 EDT Salesforce Chairman Benioff sells approximately $405K in shares - Salesforce Chairman Marc Benioff disclosed in a regulatory filing that he had sold 2,300 shares of company stock at $176.02 per share on August 23, for a total transaction amount of $404,846.
AVCT

Hot Stocks

16:35 EDT American Virtual Cloud Technologies trading resumes
MVBF

Hot Stocks

16:32 EDT MVB Financial names W. Marston Becker as chairman - The board of directors of MVB Financial has announced that W. Marston Becker has been named chairman of the board. Becker, who has been a member of the board since November 2020, replaces retiring chairman David Alvarez. Becker is a member of the following board committees: Finance, Human Resources and Edge Ventures.
ATHX

Hot Stocks

16:32 EDT Athersys announces 1-for-25 reverse stock split - Athersys will be executing a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-25 after the close of trading on Nasdaq on August 26. Athersys common stock will begin trading on a split-adjusted basis when the market opens on Monday, August 29, under the existing trading symbol "ATHX" and a new CUSIP number. The reverse stock split was previously approved by Athersys stockholders at the annual meeting of stockholders held on July 28, with the final ratio determined by the board of Directors. When the reverse stock split is effective, every 25 shares of Athersys common stock issued and outstanding or held as treasury shares as of the effective date will be automatically combined into one share of common stock. Outstanding equity-based awards and other outstanding equity rights will be proportionately adjusted. No fractional shares will be issued as a result of the reverse stock split. Stockholders of record otherwise entitled to receive a fractional share as a result of the reverse stock split will receive a cash payment in lieu of such fractional shares. The reverse stock split is primarily intended to bring the company into compliance with Nasdaq's minimum bid price requirement.
XRAY BDX

Hot Stocks

16:32 EDT Dentsply Sirona names Simon Campion as CEO, succeeding John Groetelaars - Dentsply Sirona (XRAY) announced that Simon Campion has been appointed President and CEO and will join the company's Board of Directors, effective September 12. He succeeds John Groetelaars, who has served as Interim CEO since April. Groetelaars will continue to serve on the Board. Campion joins Dentsply Sirona from Becton, Dickinson and Company (BDX), where he most recently served as Executive Vice President and President of the Medical segment and prior to that served as President of the Interventional segment following BD's acquisition of C. R. Bard. He previously held several leadership roles across the C. R. Bard organization, including leading the Surgery business unit.
SMMF

Hot Stocks

16:32 EDT Summit Financial Group raises quarterly dividend 11% to 20c per share - The dividend is payable on September 30, 2022 to common shareholders of record as of the close of business on September 15, 2022.
MCS

Hot Stocks

16:31 EDT Marcus executive VP Rolando Rodriguez to retire - The Marcus Corporation announced that Rolando B. Rodriguez, executive vice president of The Marcus Corporation and chairman, president, and chief executive officer of Marcus Theatres, will retire on October 1, 2022. Mark A. Gramz, executive vice president of Marcus Theatres and long-standing associate of the company, will be promoted to president of Marcus Theatres upon Rodriguez's retirement. Following this transition, Rodriguez will serve as a senior advisor to the company reporting to president and chief executive officer Gregory S. Marcus, represent Marcus Theatres as a member of the board of National Association of Theatre Owners, and remain the NATO Chairman. He will also maintain many civic commitments. "Rolando has been an engaged, insightful, and intrepid leader, seeing Marcus Theatres through two transformative acquisitions, advancing our industry-leading guest experiences, introducing the latest in moviegoing technology, and creating value added ways to deepen our guests' loyalty to Marcus Theatres. His industry acumen and love for the movies took our team to new heights with the division consistently outperforming the industry," said Marcus. "We are proud of Rolando's many contributions to our company, the movie theatre industry, and the communities we serve. As he transitions into retirement, we are in good hands with Mark who has played a key role in Marcus Theatres' long-term success. Together they will work to ensure a seamless transition."
GFS

Hot Stocks

16:30 EDT GlobalFoundries names Pradheepa Raman chief people officer - GlobalFoundries announced the appointment of Pradheepa Raman as Chief People Officer. The appointment is effective September 12, 2022. An experienced human resources executive with demonstrated success in driving positive change to the employee experience and building organizational resiliency through skills development, Raman will be responsible for leading all aspects of GF's worldwide human resources efforts. As GF continues to expand its global manufacturing capacity, key areas of focus for Raman will be recruitment, talent development, and advancing GF's culture of diversity, equity, and inclusion.
DELL

Hot Stocks

16:27 EDT Dell Technologies says executed well in 'increasingly challenging environment' - "We continued to execute well in an increasingly challenging environment with record second quarter revenue of $26.4 billion, up 9%," said Jeff Clarke, vice chairman and co-chief operating officer, Dell Technologies. "We also advanced our long-term strategy - growing the core while innovating for our customers and enabling their opportunities in the data era." "We delivered strong CSG and ISG growth and profitability - with revenue up 12% and 9% respectively - although we observed more cautious customer behavior as the quarter progressed," said Chuck Whitten, co-chief operating officer, Dell Technologies. "Customers continue to prioritize advanced technology solutions to compete and succeed in the years ahead, and we are confident in our long-term opportunities." "Another quarter of record revenue, together with our operating income of $1.3 billion and non-GAAP operating income of $2 billion, affirms our industry strength and competitive position," said Tom Sweet, chief financial officer, Dell Technologies. "We remain focused on what we can control, staying flexible and opportunistic, and delivering revenue and EPS growth with strong free cash flow to our shareholders over time."
DELL

Hot Stocks

16:26 EDT Dell Technologies ends Q2 with remaining performance obligations of $41B - Dell Technologies ended the quarter with remaining performance obligations of $41B, up 2% year-over-year, deferred revenue of $28B, and cash and investments of $7.1B. Recurring revenue for the second quarter was approximately $5.2B, up 8% year-over-year. APEX annual recurring revenue is now over $1B, with second quarter orders growth of 78% year-over-year.
SAVA

Hot Stocks

16:24 EDT Cassava Sciences director buys $860K in common stock - In a regulatory filing, Cassava Sciences disclosed that director Richard Barry bought 36.16K shares of common stock on August 23rd in a total transaction size of $860.2K.
MYGN

Hot Stocks

16:23 EDT Myriad gets expanded Japan coverage for BRACAnalysis Diagnostic system - Myriad Genetics announced Japan's Ministry of Health, Labour and Welfare or MHLW has granted expanded coverage for the use of Myriad's BRACAnalysis Diagnostic System as a companion diagnostic to identify patients with germline BRCA-mutated gBRCAm and HER2-negative high-risk recurrent breast cancer who may benefit from Lynparza, olaparib ."This most recent coverage expansion confirms the benefits of using biomarkers to help guide care for patients with breast cancer," said Nicole Lambert, chief operating officer, Myriad Genetics. "Data from the OlympiA Phase III trial and numerous other clinical studies continue to demonstrate the power of BRACAnalysis as an effective test for patients deciding on their best treatment options." BRACAnalysis Diagnostic System is designed to detect and interpret germline BRCA1 and BRCA2 variants. The test identifies deleterious or suspected deleterious germline BRCA variants in patients with HER2-negative high-risk early breast cancer. In the OlympiA trial, Lynparza demonstrated a statistically significant and clinically meaningful improvement in invasive disease-free survival , reducing the risk of invasive breast cancer recurrences, new cancers, or death.
AVCT

Hot Stocks

16:22 EDT AVC Technologies names Kevin Keough CEO, announces review of alternatives - AVC Technologies announced changes to its board of directors and management team, along with the launch of a review to explore the sale of the entire business or selected assets. As part of this shift, the company announced that Kevin Keough has been named as CEO. Tom King will shift from the role of CFO to chief of staff, on an interim basis, reporting to Keough. Effective September 1, Adrian Foltz and Onex Evans have been promoted to the roles of CFO and CAO, respectively, both reporting to Keough. Michael Tessler has stepped down from the board of directors and Larry Mock has been appointed to his previous role as chairman of the board. Former CEO Darrell Mays will continue to serve the company as executive vice chairman of the board. In conjunction with these changes, the company also announced that it had retained Northland Capital Markets to advise the company in connection with a strategic review process that could lead to the sale of the company or selected assets.
BBBY

Hot Stocks

16:20 EDT Bed Bath & Beyond to provide strategic update on August 31 - Bed Bath & Beyond announced that it will hold a conference call to provide a business and strategic update on August 31 at 8:15am EDT. A press release and related materials will be issued approximately 45 minutes prior to the start of the conference call. Sue Gove, Director and Interim CEO, commented: "We recognize the strong interest in our company and our plans to better serve customers, recapture market share, drive growth and profitability, ensure our vendors are supported, and strengthen our balance sheet. We look forward to providing an update on our business next week, including a preview of strategies and changes being implemented across the enterprise to deliver results for all stakeholders."
AFRM

Hot Stocks

16:20 EDT Affirm falls 13% to $27.20 after Q4 earnings miss, below consensus guidance
LRCX

Hot Stocks

16:18 EDT Lam Research boosts dividend 15% to $1.725 per share - Lam Research Corporation announced that its Board of Directors has approved a $0.225, or 15%, increase in its quarterly dividend, from $1.50 to $1.725 per share of common stock. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made October 5, 2022 to holders of record on September 14 Future dividend payments are subject to review and approval by the Board of Directors.
SLQT

Hot Stocks

16:18 EDT SelectQuote names Alan Muney chief medical officer - SelectQuote has hired Alan Muney, MD, as part-time Chief Medical Officer, and Simeon Schindelman as Senior Executive Healthcare Advisor. Dr. Muney will focus on healthcare strategy solutions for SelectQuote healthcare services, which encompasses Population Health and SelectRx, bringing extensive experience operating clinical strategy within a national Medicare Advantage health plan and large provider groups. Mr. Schindelman will lead and advise innovative solution development for various healthcare channels, bringing vast health plan knowledge and leadership for healthcare services and SelectQuote.
GPS

Hot Stocks

16:16 EDT Gap reports Q2 Old Navy SSS down 15% - Reports Q2 Gap brand global SSS down 7%. Reports Q2 Banana Republic SSS up 8%. Reports Q2 Athleta SSS down 8%.
APLD

Hot Stocks

16:16 EDT Applied Blockchain expects to have three datacenters operating by 2023 - The company said, "We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option. These facilities are already nearly entirely contracted out on long-term agreements with blue-chip customers. We also continue to see robust demand for our services, which, coupled with our strong balance sheet, ramping cash flow capabilities, and expanding nondilutive financing options, collectively provide us with an attractive go-forward outlook for our shareholders."
ALSN

Hot Stocks

16:15 EDT Allison Transmission awarded $6.6M electric sub-system contract by U.S. Army - Allison Transmission has been awarded a $6.55 million contract by the U.S. Army's Ground Vehicle Systems Center to design, develop and test an electric hybrid sub-system in Allison's Next Generation Electrified Transmission for armored combat vehicles.
AVCT

Hot Stocks

16:15 EDT American Virtual Cloud Technologies trading halted, news pending
FTCH

Hot Stocks

16:14 EDT Farfetch reports Q2 GMV up 1.3% to $1.0B - Q2 Digital Platform GMV decreases 3.3% to $883.1M.
ESTC

Hot Stocks

16:14 EDT Elastic names Ken Exner chief product officer - Elastic announced the appointment of Ken Exner as chief product officer effective August 29, 2022. Exner will be responsible for leading engineering, product management, and product design, with a focus on enhancing the Elastic Enterprise Search, Observability, and Security solutions and delivering a best-in-class cloud service to Elastic customers. Exner will report to Elastic CEO Ash Kulkarni. "Ken is a deeply experienced leader with a proven track record of managing a broad product portfolio and delivering cloud services at hyper-scale," said Ash Kulkarni, CEO, Elastic. "I'm excited to welcome Ken to Elastic, and I look forward to seeing his product and cloud expertise put into action as we continue to accelerate our cloud-first business strategy, and strengthen our relationships with all of our cloud partners."
OTEX MFGP

Hot Stocks

16:11 EDT OpenText to acquire Micro Focus International for 532 pence per share - OpenText (OTEX) announced that it has reached agreement on the terms of a recommended all-cash offer to be made by Open Text Corporation, through its wholly-owned subsidiary, OpenText UK Holding Limited, to acquire the entire issued and to be issued share capital of Micro Focus (MFGP) at a price of 532 pence per share , implying an enterprise value of approximately $6B on a fully diluted basis. The acquisition is expected to close in the first quarter of calendar 2023
ULTA

Hot Stocks

16:10 EDT Ulta Beauty reports Q2 comparable sales up 14.4%
CCBG

Hot Stocks

16:09 EDT Capital City Bank raises dividend 6.25% to dividend to 17c per share - The Board of Directors of Capital City Bank Group declared a quarterly cash dividend on its common stock of $.17 per share. It represents a 6.25% increase over the prior quarter of $.16. The dividend produces an annualized rate of $.68 per common share and is payable on September 26 to shareowners of record as of September 12 . The annualized dividend yield is 2.03% based on a closing stock price of $33.56 on August 24 .
MRVL

Hot Stocks

16:07 EDT Marvell reports Q2 adjusted gross margin 65%
BROS NKE

Hot Stocks

16:06 EDT NIKE executive joins Dutch Bros board of directors - Dutch Bros Inc. ( BROS) has announced the appointment of Ann Miller to its Board of Directors, where she will serve on the Audit and Risk Committee. Inclusive of her appointment, the Board of Directors now consists of nine members. Miller currently serves as Executive Vice President and Chief Legal Officer of NIKE, Inc. (NKE). She had previously served for more than 15 years in various other roles at NIKE, most recently as Vice President, Corporate Secretary and Chief Ethics & Compliance Officer from November 2016 to February 2022.
PDYPY SRAD

Hot Stocks

16:01 EDT FanDuel to launch FanDuel TV, FanDuel+ in September - FanDuel, owned by Flutter Entertainment (PDYPY), announced its intent to launch FanDuel TV which will include a broadly distributed linear cable television network, and its new OTT platform to be known as FanDuel+. Both FanDuel TV and FanDuel+ will go live in September of this year. As part of the launch, FanDuel TV will welcome Kay Adams who will headline the network with a live daily morning show five days per week. Adams, who previously served as a host of Good Morning Football on the NFL Network will host the show from FanDuel TV's Los Angeles studios each day at 11:00 am EDT. As part of the launch, the company announced that FanDuel+ will be free to download for existing FanDuel customers with accounts on any of its sportsbook, casino, horse racing or daily fantasy platforms. FanDuel TV also announced that Pat McAfee and his team at PMI Network will also be joining the network. McAfee's PMI Network will be producing fresh new content as part of the network's weekly block of programming. Details regarding new PMI Network content will be shared by Pat on The Pat McAfee Show. As part of the launch of FanDuel TV, the company has reached a programming agreement with The Ringer providing FanDuel TV content. Details on specific content from The Ringer, which Bill Simmons founded in 2016, will be disclosed in the future. FanDuel TV intends to become the new home of international basketball in the U.S. As part of a licensing agreement with Sportradar (SRAD), FanDuel TV and FanDuel+ will air more than 3,000 hours of live sports including international basketball league action from the National Basketball League, Australia's professional league, the Chinese Basketball League, as well as the French and German pro leagues. FanDuel TV will also feature a lineup of coverage from respected horse racing experts including Christina Blacker, Britney Eurton, Gabby Gaudet, Mike Joyce, Todd Schrupp and the rest of TVG's on-air talent roster. FanDuel TV will be broadly distributed on linear television through its relationships with cable and satellite distributors including Comcast Xfinity, Spectrum, Verizon FIOS, DirectTV, DISH, Cox Communications, FuboTV, YouTubeTV, and Hulu. FanDuel+ will also be widely available on direct-to-consumer OTT platforms including Roku, Apple TV, and Amazon Fire.
LMT

Hot Stocks

15:43 EDT Lockheed Martin named principal contractor on $1.95B helicopter FMS to Australia - The State Department has made a determination approving a possible Foreign Military Sale, or FMS, to the Government of Australia of UH-60M Black Hawk Helicopters and related equipment for an estimated cost of $1.95B. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale. The Government of Australia has requested to buy 40 UH-60M Black Hawk helicopters; 88 T700-GE 701D engines; 44 AN/AAR-57 Counter Missile Warning Systems and 96 H-764U Embedded Global Position Systems with Inertial Navigation and Country Unique SAASMThe estimated total cost is $1.95B. The proposed sale will replace Australia's current multi-role helicopter fleet with a more reliable and proven system that will allow Australia to maintain the appropriate level of readiness to conduct combined operations. The principal contractor will be Lockheed Martin. The purchaser typically requests offsets. There are no known offset agreements.
ZM

Hot Stocks

15:12 EDT Zoom Video to debut translated captions with 12 language support - Product marketing manager, meetings & chat for Zoom, David Ball, blogged, in part, earlier: " Today we're proud to announce an add-on for Zoom accounts to help remove language barriers, connect people, and promote inclusivity to your meetings and webinars: translated captions. The translated captions feature reduces the need for interpreters and third-party integrations so you can foster a more inclusive environment in every meeting and webinar. Whether you're a large company conducting business in multiple languages or a global university with multinational enrollment, translated captions help bridge language gaps. Translated captions are already included in the Zoom One Business Plus and Zoom One Enterprise Plus plans, which debuted in June 2022. This functionality helps remove one of the biggest hurdles to effective collaboration in an increasingly connected, global world, and can benefit more people. Now available as an add-on for paid Zoom accounts, the feature enables anyone in a Zoom meeting or webinar, including those hosted in our Zoom Events solution, to translate the source language into English captions or translate English into captions in your preferred language." Reference Link
CBU

Hot Stocks

14:51 EDT Community Bank System names Dimitar Karaivanov COO - Community Bank System announced two senior management changes. Joseph F. Serbun, President, Retail Banking, of the Company and its wholly-owned subsidiary, Community Bank, N.A., has decided to retire after more than 14 years of service. Mr. Serbun joined the Bank in January 2008 as Vice President and Commercial Team Leader, and was named to the executive management committee in 2010. Since 2010, he has served in important senior management roles including Chief Credit Officer, Chief Banking Officer, and President, Retail Banking, playing an instrumental role in the Bank's growth and success. Mr. Serbun will retire from his position effective as of September 30, 2022. In addition, the Company announced that it has promoted Dimitar Karaivanov to Executive Vice President and Chief Operating Officer of the Company and the Bank effective October 1, 2022. Karaivanov has served as Executive Vice President of Financial Services and Corporate Development since joining the Company in June 2021. In his role as Chief Operating Officer, Karaivanov will have oversight responsibilities for all banking, wealth management, employee benefit services, and insurance operations and related business activities.
MO

Hot Stocks

14:45 EDT Altria Group raises quarterly dividend 4.4% to 94c per share - Altria Group announced that our Board of Directors voted to increase our regular quarterly dividend by 4.4% to 94c per share versus the previous rate of 90c per share. The quarterly dividend is payable on October 11, 2022 to shareholders of record as of September 15, 2022. The ex-dividend date is September 14, 2022. The new annualized dividend rate is $3.76 per share, representing a dividend yield of 8.2% based on our closing stock price of $45.80 on August 24, 2022.
CREG

Hot Stocks

14:35 EDT Nasdaq to resume trading in Smart Powerr at 2:30 pm ET - The Nasdaq Stock Market announced that trading will resume in Smart Powerr Corp. today, August 25, 2022 at 2:30 p.m. Eastern Time. Trading in the company's stock was halted on August 25 at 11:07:03 a.m. Eastern Time.
TWTR

Hot Stocks

14:26 EDT Twitter integrating podcasts as part of new Spaces Tab - Twitter said that, starting August 25, it is integrating podcasts into Twitter as a part of its newly redesigned Spaces Tab. "We know that some discussions need more than 280 characters, and bringing people closer to the ideas, content, and creators they know and love is core to Twitter no matter where the conversations take place," the company said. Starting Thursday, the reimagined Spaces Tab, including the addition of podcasts, will be visible to a group of global English-speaking audience on iOS and Android. Reference Link
SNPS

Hot Stocks

13:37 EDT Synopsys director Roy Vallee sells $3.2M shares of company stock - Synopsys director Roy Vallee disclosed in a filing that he had sold 9,000 shares of company shares at $359.26 per share on August 23, for a total transaction amount of $3,233,356.
REVG

Hot Stocks

13:32 EDT Toronto Fire Services orders two all-electric Vector fire trucks - Spartan Emergency Response announces Toronto Fire Services has ordered two all-electric Vector fire trucks. When delivered, Toronto Fire Services will be one of the first fire departments in Canada to have fully electric, North American-style pumper trucks in their fleet. These fire apparatus were sold by authorized dealer Safetek Emergency Vehicles Ltd.
GD

Hot Stocks

13:16 EDT General Dynamics to provide Abrams tanks to Poland under $1.1B order - General Dynamics Land Systems, a business unit of General Dynamics, announced that it has been awarded a Foreign Military Sales order from the U.S. Army worth up to $1.148B to deliver 250 M1A2 SEPv3 Abrams main battle tanks to Poland. "We are pleased to have been chosen to provide this critical armored capability to our allies in Poland. The M1A2 SEPv3 Abrams is the most advanced main battle tank in the world, and we look forward to getting it into the hands of Polish Soldiers," said Chris Brown, vice president of global strategy and international business development at General Dynamics Land Systems.
HSTO

Hot Stocks

13:03 EDT Histogen assigned patent for implantable systems for cartilage repair - Histogen was assigned patent number 20220265900 by the U.S. Patent and Trademark Office for methods and products for cartilage repair that use universal chondrocytes, according to a post to the USPTO site dated August 25. Reference Link
CREG

Hot Stocks

13:02 EDT Smart Powerr receives notice of additional filing delinquency from Nasdaq - Smart Powerr Corp. announced that, as expected, the Company received an additional notice of non-compliance from the Listing Qualifications Staff of The Nasdaq Stock Market due to the Company's failure to timely file the Form 10-Q for the quarter ended June 30, 2022 with the Securities and Exchange Commission, as required by Nasdaq Listing Rule 5250(c)(1). As previously disclosed, the Company earlier received notices from Nasdaq regarding its non-compliance with the rule with respect to the Forms 10-K and 10-Q for the fiscal year ended December 31, 2021 and quarter ended March 31, 2022, respectively. The Company plans to timely update the Staff regarding its compliance efforts.
VALU

Hot Stocks

12:06 EDT Value Line trading resumes
FWBI

Hot Stocks

12:01 EDT First Wave BioPharma announces 1-for-30 reverse stock split - First Wave BioPharma announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 30 pre-split shares. First Wave's common stock will continue to be traded on the NASDAQ Capital Market under the symbol FWBI and will begin trading on a split-adjusted basis when the market opens on Friday, August 26, 2022, under a new CUSIP number, 33749P200.
BURL

Hot Stocks

12:00 EDT Burlington Stores falls -7.8% - Burlington Stores is down -7.8%, or -$12.79 to $150.94.
CTV

Hot Stocks

12:00 EDT Innovid falls -8.0% - Innovid is down -8.0%, or -31c to $3.55.
SOXS

Hot Stocks

12:00 EDT Direxion Daily Semiconductor Bear 3X Shares falls -8.3% - Direxion Daily Semiconductor Bear 3X Shares is down -8.3%, or -$3.36 to $37.39.
MNSO

Hot Stocks

12:00 EDT Miniso rises 17.8% - Miniso is up 17.8%, or $1.09 to $7.19.
SNOW

Hot Stocks

12:00 EDT Snowflake rises 18.9% - Snowflake is up 18.9%, or $30.20 to $189.69.
TDCX

Hot Stocks

12:00 EDT TDCX rises 31.4% - TDCX is up 31.4%, or $2.62 to $10.95.
CREG

Hot Stocks

11:52 EDT Smart Powerr halted by Nasdaq for 'additional information requested' - The Nasdaq Stock Market announced that trading was halted today in Smart Powerr (CREG) at 11:07:03 A.M. Eastern Time for "additional information requested" from the company at a last sale price of $3.5762. "Trading will remain halted until Statera Biopharma, Inc. has fully satisfied Nasdaq's request for additional information," the exchange stated.
VALU

Hot Stocks

11:51 EDT Value Line trading halted, volatility trading pause
STAB

Hot Stocks

11:51 EDT Statera BioPharma halted by Nasdaq for 'additional information requested' - The Nasdaq Stock Market announced that trading was halted today in Statera Biopharma (STAB) at 11:01:52 A.M. Eastern Time for "additional information requested" from the company at a last sale price of 21.5c. "Trading will remain halted until Statera Biopharma, Inc. has fully satisfied Nasdaq's request for additional information," the exchange stated.
VZ...

Hot Stocks

11:32 EDT FCC reports investigation into mobile carriers' data retention, privacy policies - Federal Communications Commission Chairwoman Jessica Rosenworcel publicly shared the responses from the nation's 15 top mobile carriers following a request for information about their data retention and data privacy policies and practices. "Today, I'm publishing the responses I received from mobile carriers on how they handle geolocation data to help shed light on this issue for consumers. Additionally, I have asked the Enforcement Bureau to launch a new investigation into mobile carriers' compliance with FCC rules that require carriers to fully disclose to consumers how they are using and sharing geolocation data," said Chairwoman Rosenworcel. "Finally, if you, as a consumer, have concerns or complaints about how your provider is handling your private data, the FCC is making it easier for you to file complaints and make your concerns known-so we can take action under the law." Reference Link
EBIX

Hot Stocks

11:24 EDT Ebix subsidiary announces contract from South Bengal State Transport Corporation - EbixCash Private Limited, a subsidiary of Ebix, announced that it has been awarded an order to design, develop, build, install, maintain, operate and transfer the Intelligent Transport Management System for all the state buses run by the South Bengal State Transport Corporation. Previously, on March 22, EbixCash announced that it has been awarded a 5-year contract to design, develop, build, install, maintain, operate and transfer the Intelligent Transport Management System for a minimum of 14,950 buses in the state of Andhra Pradesh, run by the Andhra Pradesh State Road Transport Corporation. Robin Raina, Chairman of the Board, EbixCash, said, "In January 2022, we had announced two 7 year contracts with the Calcutta State Transport Corporation and West Bengal Transport Corporation for a minimum of 1,500 buses in the state. This new contract for 7 years with South Bengal State Transport Corporation strengthens our presence further in the Eastern part of the country. This order is another step in the direction of EbixCash converging financial solutions with technology solutions and implementing them in niche industries."
DGLY

Hot Stocks

11:02 EDT Digital Ally's TicketSmarter, Stellar Entertainment announce partnership - TicketSmarter and Stellar Entertainment Group have announced an agreement to make TicketSmarter the official ticket provider of both Garden Bros Circus and Monster Truckz. "Stellar Entertainment Group is a leader in family-friendly entertainment," TicketSmarter CEO Jeff Goodman said. "We are thrilled to partner with them and provide their fans with an easy way to find tickets and see all the high-flying action." TicketSmarter is a member of the Digital Ally Companies.
APD

Hot Stocks

10:17 EDT Air Products to provide four end flash CWHE for North Field East LNG Project - Air Products announced that it has been awarded the contract to supply four end flash coil wound heat exchangers for the North Field East LNG Project in Ras Laffan Industrial City, Qatar. One of the end flash CWHE's will be used with each of the four AP-X LNG Process trains previously announced and already being built by Air Products for Chiyoda Corporation and Technip Energies, who are constructing the LNG process trains for QatarEnergy. The joint venture between Chiyoda Corporation and Technip Energies was awarded the major EPCC contract in February 2021 by QatarEnergy for the onshore facilities of the North Field East Project. The EPCC contract covers the delivery of four mega LNG trains, each with a capacity to produce eight million tons per annum of LNG, and associated utility and offsite facilities. The start-up of the first North Field East AP-X LNG train is planned for the end of 2025.
ANF

Hot Stocks

10:00 EDT Abercrombie & Fitch falls -7.5% - Abercrombie & Fitch is down -7.5%, or -$1.40 to $17.25.
CRM

Hot Stocks

10:00 EDT Salesforce falls -7.7% - Salesforce is down -7.7%, or -$13.93 to $166.08.
BURL

Hot Stocks

10:00 EDT Burlington Stores falls -11.5% - Burlington Stores is down -11.5%, or -$18.76 to $144.97.
TDCX

Hot Stocks

10:00 EDT TDCX rises 8.5% - TDCX is up 8.5%, or 71c to $9.04.
SNOW

Hot Stocks

10:00 EDT Snowflake rises 16.1% - Snowflake is up 16.1%, or $25.61 to $185.10.
FREY

Hot Stocks

10:00 EDT Freyr Battery rises 16.6% - Freyr Battery is up 16.6%, or $1.75 to $12.32.
CI

Hot Stocks

09:55 EDT Alma raises $130M in Series D Funding led by Thoma Bravo - Alma announced $130M in Series D funding led by Thoma Bravo with participation from Cigna Ventures. Existing investors Insight Partners, Optum Ventures, Tusk Venture Partners, Primary Venture Partners, and Sound Ventures also participated in the round, bringing the company's total funding to over $220M.
GRAB

Hot Stocks

09:52 EDT Grab shares under pressure despite stronger than expected revenue - Shares of Grab Holdings (GRAB) are under pressure on Thursday morning trading despite the company's better-than-expected second quarter revenue fueled by resilient demand from consumers amid rising inflation. RESULTS: Grab Holdings said that its second quarter revenue rose to $321M, which was better than the expected $273.1M and up 79% year-over-year. Additionally, the company said its total gross merchandise volume grew 30% year-over-year in the second quarter and 34% year-over-year on a constant currency basis. Grab also reported that its second quarter revenue from its delivery business rose to $134M, its mobility arm gained 37% to $161M and revenue from financial services went up to $13M. Meanwhile, Grab's cash and cash equivalents fell to $2.8B from about $3.4B at the end of March. For full year 2022, the company lowered its gross merchandise volume to 21%-25% growth year-over-year, 25%-29% on a constant currency basis, from the previous guidance of 30%-35%, while anticipating its revenue to come in between $1.25B-$1.3B, at the higher end of its previously announced guidance range of $1.2B-$1.3B. PRICE ACTION: In Thursday trading, shares of Grab have dropped about 13% to $3.14.
BLNK CWK

Hot Stocks

09:49 EDT Cushman & Wakefield signs preferred supplier agreement with Blink Charging - Blink Charging (BLNK) announced a preferred supplier agreement for the marketing and potential deployment of Blink charging stations and related services to Cushman & Wakefield (CWK) clients throughout the United States. Cushman & Wakefield has agreed to engage its large network of property managers to introduce Blink equipment and services as a potential amenity at the commercial properties it manages.
CRM

Hot Stocks

09:48 EDT Salesforce falls -7.7% - Salesforce is down -7.7%, or -$13.80 to $166.21.
ANF

Hot Stocks

09:48 EDT Abercrombie & Fitch falls -12.3% - Abercrombie & Fitch is down -12.3%, or -$2.30 to $16.35.
BURL

Hot Stocks

09:48 EDT Burlington Stores falls -12.7% - Burlington Stores is down -12.7%, or -$20.77 to $142.96.
YMM

Hot Stocks

09:48 EDT Full Truck Alliance rises 10.3% - Full Truck Alliance is up 10.3%, or 72c to $7.72.
FREY

Hot Stocks

09:47 EDT Freyr Battery rises 16.3% - Freyr Battery is up 16.3%, or $1.72 to $12.29.
SNOW

Hot Stocks

09:47 EDT Snowflake rises 19.0% - Snowflake is up 19.0%, or $30.34 to $189.83.
COSM

Hot Stocks

09:29 EDT Cosmos Holdings launches Sky Premium Life products on Amazon - Cosmos Holdings announced that the Company's subsidiary, SkyPharm, officially launched its first Sky Premium Life products on Amazon in the United States. Cosmos targets having all 85 SKUs listed on Amazon by year end.
VINP

Hot Stocks

09:26 EDT Vinci Partners announces R$360M capital raise for agribusines strategy - Vinci Partners Investments announced the closing of a R$360 million public offer for "Vinci Credito Agro Fiagro Imobiliario", the first fund in Vinci's agribusiness strategy, co-managed by Vinci's Credit and Real Estate segments. VICA is Vinci Partners' first product within the scope of the joint venture with Chrimata, an investment company focused on the sector, announced in May 2021. VICA is a perpetual capital fund structured to become listed in the B3 stock-exchange through a public follow-on offering in up to five years The Fund shall invest in a diversified credit portfolio within the Agri sector in Brazil, targeting the main competitive regions and soft commodities such as soy, corn, cotton, coffee, sugar and ethanol as well as Agri-related industries and supply chains. The Fund focuses on bilateral senior secured credit transactions, originated and structured in-house.
GSBC

Hot Stocks

09:16 EDT Great Southern Bancorp appoints Steven Edwards to board of directors - Great Southern Bancorp announced that Steven Edwards has been appointed to the Boards of Directors of the Bank and the holding company, with his service to commence September 1, 2022. Edwards recently retired from CoxHealth after a distinguished 30-year career
GENI BALY

Hot Stocks

09:16 EDT Genius Sports enters data, live streaming partnership with Bally's Interactive - Genius Sports (GENI) has clinched a new partnership with Bally's Interactive, a division of Bally's (BALY) that operates the omni-channel provider's sports betting, iGaming, free-to-play, and daily fantasy sports platforms. Under the terms of the agreement, Genius Sports will provide Bally's Interactive brands, including its online sportsbook Bally Bet, with its full suite of official data and live streaming solutions. Genius Trading Services, Genius Sports' sportsbook solution, will help Bally's Interactive to maximize profits and operational performance across thousands of events every year. Included in this partnership is Genius Sports' portfolio of exclusive, official data rights, comprising the English Premier League, NASCAR, CFL, Liga MX, Argentine and Colombian soccer and the NFL. Bally's Interactive will be given access to Genius Sports' suite of NFL products and services, including the league's real-time statistics, proprietary Next Gen Stats and official sports betting data feed. Genius Sports will also deliver thousands of low latency video feeds through its rapidly expanding streaming solution. Bally's Interactive customers will benefit from an enhanced live betting experience through streams of top-tier football leagues across Argentina, Colombia, Iceland and China, as well as dozens of FIBA basketball and FIVB volleyball leagues globally.
DLTR

Hot Stocks

09:14 EDT Dollar Tree to defer investor day event from October 2022 until Spring 2023 - Comments taken from Q2 earnings conference call.
POWW

Hot Stocks

09:13 EDT AMMO CEO provides letter to shareholders - AMMO provides a letter to shareholders from CEO Fred Wagenhals to provide further insight regarding the Company's previously announced plan to separate its Ammunition and Marketplace segments into two independent publicly-traded companies. "To our valued shareholders: We have received tremendous support for our plan to separate the Ammunition and Marketplace units of our business into two independently operated, publicly traded companies... General Overview. As you recall, AMMO as we know it will spin off its Ammunition business through a tax-free transaction resulting in two entities. The first, Outdoor Online will be comprised of GunBroker.com and its related online businesses... The second entity, Action Outdoor Sports will be spun-off from AMMO, Inc. and will retain AMMO's current ammunition and munition components business... A CEO will be named shortly to head up AOS upon the completion of the transaction, as well as management teams and Boards for both entities. I am currently slated to serve as founding AOS Chairman.... Why Now? As you would expect, management, the Board and our advisors are focused on the valuation placed on the business for the benefit of our loyal shareholders and have been doing so in a critical manner since we closed on the GunBroker.com acquisition in the Spring of 2021.... We also determined over this past year that a true separation of the business units would best enhance the GunBroker.com Marketplace opportunity, allowing it to partner with a larger set of manufacturers directly competing with our manufacturing unit... Share Ownership Post Spin-Off. Current AMMO shareholders will retain their full shares in Outdoor Online, which will be the new name of that company.... In addition, following the distribution of AOS's shares, all POWW shareholders will own the same percentage of AOS shares as they do of POWW... Strategic Benefits to Spin-Off. As we stated before, the Company believes there are a number of compelling reasons supporting the separation of these two vibrant business units, including: Better Positioned to Enhance Shareholder Value... Enhancement of Brand Strength... Prioritize and Refine Capital Allocation... Expanded strategic opportunities... Reinforce and Amplify the Ability to Attract and Retain Top Market Talent...Enhanced strategic focus with supporting resources. Key Milestones... Auditor - As we prepare to spin out AOS from the original company, it is essential that we have audited financials of what will become AOS for it to become public. Therefore, we initiated that process with our existing outside auditors upon Board approval of the transaction and pre-announcement of the spin-off... Moving Assets from AMMO to AOS... Filing Form 10 - The entire procedure of spinning off the two companies is dependent upon the filing of the Form 10 with the Securities and Exchange Commission. We started the preparation process with our legal advisors promptly upon receipt of the Board's approval of the spin-off transaction... We have currently targeted an early February 2023 timeframe for completion of this regulatory process, and it will not be delayed based upon the actions or inaction of your AMMO team... Manitowoc Factory Optimization - In addition to the significant capacity increase we are adding as we complete the move into our new Wisconsin plant, we will continue to see our capacity thereafter increase each quarter as operations are ramped up with respect to loaded ammunition and brass manufacturing... Appointing AOS Executives and a Board of Directors... Nasdaq Approval - In close proximity to the filing of the Form 10, we will file AOS's Nasdaq listing application which management and counsel will dutifully shepherd in a focused manner to pursue listing approval in a timely manner consistent with the regulatory timeline outlined above. Record Date and Distribution Date - These are the final steps prior to AOS becoming a public company, and this entails setting the date as of which POWW shareholders need to own shares in order receive their shares of AOS and the date the AOS shares are distributed to POWW's shareholders."
PLUG AMZN

Hot Stocks

09:11 EDT Plug Power granted Amazon a warrant to acquire up to 16M shares - Plug Power (PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today signed a hydrogen supply deal with Amazon (AMZN) to provide liquid green hydrogen starting in 2025 to help decarbonize Amazon's operations as part of its commitment to be net-zero carbon by 2040. This deal with Amazon marks a growth opportunity for Plug and is expected to help the company toward its 2025 $3 billion revenue goal. This deal attests to Plug's strategy to build an end-to-end green hydrogen ecosystem and provide integrated hydrogen solutions for its global customers. The green hydrogen supply deal is a continuation of joint efforts between Amazon and Plug to expand the applications of green hydrogen beyond material handling. Since 2016, Plug has helped Amazon to deploy more than 15,000 fuel cells to replace batteries in forklifts across 70 distribution centers. Specifically, Amazon and Plug have signed a deal for Plug to supply 10,950 tons per year of liquid green hydrogen to fuel Amazon operations. Using Plug's electrolyzers, liquefaction capabilities and cryogenic tankers, Plug will deliver hydrogen to Amazon beginning Jan. 1, 2025. Plug has granted Amazon a warrant to acquire up to 16,000,000 shares of Plug 's common stock (Warrant Shares), of which the exercise price for the first 9,000,000 Warrant Shares is $22.9841 per share, which is based on the volume weighted average closing price of Plug common stock for the thirty trading days ending August 23, 2022, and the exercise price for the remaining 7,000,000 Warrant Shares will be an amount per share equal to ninety percent (90%) of the 30-day volume weighted average share price of Plug common stock as of the final vesting event that results in full vesting of the first 9,000,000 Amazon Warrant Shares Amazon would vest the warrant in full if it spends $2.1 billion over the seven-year term of the warrant across Plug products, including, but not limited to, electrolyzers, fuel cell solutions, and green hydrogen. Details on the agreement are filed via a Current Report on Form 8-K, which is available on the SEC's website at www.sec.gov.
PLUG AMZN

Hot Stocks

09:11 EDT Plug Power, Amazon sign green hydrogen agreement - Plug Power Inc. (PLUG) signed a hydrogen supply deal with Amazon (AMZN) to provide liquid green hydrogen starting in 2025 to help decarbonize Amazon's operations as part of its commitment to be net-zero carbon by 2040. This deal with Amazon marks a growth opportunity for Plug and is expected to help the company toward its 2025 $3B revenue goal. Specifically, Amazon and Plug have signed a deal for Plug to supply 10,950 tons per year of liquid green hydrogen to fuel Amazon operations. Using Plug's electrolyzers, liquefaction capabilities and cryogenic tankers, Plug will deliver hydrogen to Amazon beginning Jan. 1, 2025. Plug has granted Amazon a warrant to acquire up to 16,000,000 shares of Plug 's common stock, of which the exercise price for the first 9,000,000 Warrant Shares is $22.9841 per share, which is based on the volume weighted average closing price of Plug common stock for the thirty trading days ending August 23, 2022, and the exercise price for the remaining 7,000,000 Warrant Shares will be an amount per share equal to ninety percent of the 30-day volume weighted average share price of Plug common stock as of the final vesting event that results in full vesting of the first 9,000,000 Amazon Warrant Shares. Amazon would vest the warrant in full if it spends $2.1 billion over the seven-year term of the warrant across Plug products, including, but not limited to, electrolyzers, fuel cell solutions, and green hydrogen.
VLCN

Hot Stocks

09:09 EDT Volcon says Ted Turner Reserves places Stag pre-orders - Volcon announced that Ted Turner Reserves has agreed to purchase eight units of the Company's flagship UTV, the Stag, and to be a part of Volcon's UTV testing group utilizing their more than one million acres of land. These pre-orders are non-binding and cancellable prior to delivery. This first phase of testing will determine whether a much broader electrification program will be awarded for the entire Ted Turner Reserves fleet of UTVs and a possible customized version called the Turner Reserve Edition.
PLUG AMZN

Hot Stocks

09:07 EDT Plug Power grants Amazon.com warrant to buy 18M shares of plug in hydrogen pact - Plug Power (PLUG) signed a hydrogen supply deal with Amazon (AMZN) to provide liquid green hydrogen starting in 2025 to help decarbonize Amazon's operations as part of its commitment to be net-zero carbon by 2040. This deal with Amazon marks a growth opportunity for Plug and is expected to help the company toward its 2025 $3B revenue goal. This deal attests to Plug's strategy to build an end-to-end green hydrogen ecosystem and provide integrated hydrogen solutions for its global customers ..."The green hydrogen supply deal is a continuation of joint efforts between Amazon and Plug to expand the applications of green hydrogen beyond material handling. Since 2016, Plug has helped Amazon to deploy more than 15,000 fuel cells to replace batteries in forklifts across 70 distribution centers. Specifically, Amazon and Plug have signed a deal for Plug to supply 10,950 tons per year of liquid green hydrogen to fuel Amazon operations. Using Plug's electrolyzers, liquefaction capabilities and cryogenic tankers, Plug will deliver hydrogen to Amazon beginning Jan. 1, 2025. Plug has granted Amazon a warrant to acquire up to 16,000,000 shares of Plug 's common stock , of which the exercise price for the first 9,000,000 Warrant Shares is $22.9841 per share, which is based on the volume weighted average closing price of Plug common stock for the thirty trading days ending August 23, and the exercise price for the remaining 7,000,000 Warrant Shares will be an amount per share equal to ninety percent of the 30-day volume weighted average share price of Plug common stock as of the final vesting event that results in full vesting of the first 9,000,000 Amazon Warrant Share Amazon would vest the warrant in full if it spends $2.1 billion over the seven-year term of the warrant across Plug products, including, but not limited to, electrolyzers, fuel cell solutions, and green hydrogen.
FTXP

Hot Stocks

09:07 EDT Foothills Exploration commences completion operations at Houser-Sears #6 well - Foothills Exploration announced completion operations have commenced on the Houser-Sears #6 well. The Houser-Sears #6 well was successfully drilled and logged, indicating the potential of new reserves within the leasehold. Geologic sample analysis and completion logs identified at least six potential zones with oil bearing formations for commercial completion. The Company has decided to initially complete two of the six zones and bring them online for production. The completion program, which was recently started was designed to include at least two stages, the first of which targeted the St. Louis Lime. This interval was successfully perforated and stimulated this week. The St. Louis Lime swabbed 64 barrels in 8 hours and the oil cut ranged 23-33%. The projected potential rate, is approximately 30-40 barrels of oil per day from this interval respectively. The second stage of the completion program will target 7 feet of net pay at (2,849'-2,856') in the McCloskey Dolomite formation, which will take place next week.
USIO

Hot Stocks

09:06 EDT Usio announces exclusive partnership with MoviePass - Usio announced an exclusive partnership with MoviePass, whereby Usio's innovative and proprietary prepaid card issuing platform will serve as both Program Manager and Processor for the forthcoming MoviePass Debit Card it plans to issue to all subscribers.
DTSS

Hot Stocks

09:06 EDT Datasea contract with manufacturer to produce ultrasonic sound air disinfectant - Datasea announced that Shuhai Jingwei Information Technology, a subsidiary of the Chinese operating company contractually controlled by the Company, has entered into a five-year manufacturing agreement with Shenzhen Antuopu Technology, a leading manufacturer specializing in air purifiers. Antuopu will manufacture Datasea's air disinfection equipment, which features Datasea's acoustic intelligence technology. The production for global market rollout is expected after the confirmation of the prototype. Datases's Ultrasonic Sound Air Disinfection Equipment incorporates innovative acoustic intelligence powered disinfection that has proven to achieve a 99.83% efficacy in nine seconds against Covid-19 and reduce other bacteria and viruses without human contact, peculiar odor, or environmental damage. "Datasea has completed the proprietary technology certification, received testimonials from leading lab and applied for patents from the Government of China for the Ultrasonic Sound Air Disinfection Equipment," said Zhixin Liu, CEO of Datasea. "We also plan to apply for UL certification, TUV certification, as well as RED, CE, and ROHS certifications to prove the quality of our product and help with the product launch in international markets, including the United States and Europe. Our partnership with Antuopu will also enable a much wider availability of our premium solutions, and ultimately allow us to bring the power of this product to more customers and more locations than ever before."
VRSK

Hot Stocks

09:05 EDT VYRD launches homeowners insurance in Florida with Verisk Data - VYRD is transforming the experience of buying insurance in the challenging Florida market by making underwriting decisions faster and easier with reliable data from Verisk.
APPN

Hot Stocks

09:05 EDT Appian appoints Christopher Jones as Chief Revenue Officer - Appian appointed Christopher Jones to the position of Chief Revenue Officer. Jones has held executive sales and partnership positions at organizations including Executive Vice President of Worldwide Sales for business analytics platform provider Qlik and Chief Partner Officer at Infoblox.
MIGI...

Hot Stocks

09:05 EDT Mawson Infrastructure produces 90 Bitcoin in July - Mawson Infrastructure announced unaudited Bitcoin production and operational update for July. Mawson Self-Mining and Hosting Co-location installed operational capacity at approximately 3.5 Exahash as at end of July, expected to rise to approximately 3.7 Exahash by end of August. In July Mawson produced 90 Bitcoin, as the company participated in its Energy Demand Response, or EDR, Program, resulting in lower Bitcoin production as a result of participation in the energy curtailment program. The EDR program generated an estimated $1.8M in unaudited revenue and $1.8M is equal to approximately 84 Bitcoin. Mawson's participation in its EDR program generated revenue, and in addition lowered overall costs of production. July average hash rate at approximately 0.7 Exahash, with an installed operational capacity of 1.7 Exahash. Mawson Self-Mining delivered and fully paid for operational capacity at approximately 2.3 Exahash, anticipated to be online in Q4.
CBOE

Hot Stocks

09:04 EDT Cboe Global Markets announces planned equity partners for Cboe Digital Business - Cboe Global Markets announced the initial group of firms that intend to become equity investors in the Cboe Digital business. Cboe's advanced discussions with potential equity partners involve a broad and diverse range of market participants, including leading retail and institutional intermediaries, liquidity providers and brokers. These firms include B2C2, DRW, GSR, Hidden Road, IMC, Interactive Brokers, Jane Street, Jump Crypto, Optiver, Robinhood, tastytrade and Virtu Financial. Through their equity ownership, each firm will directly benefit from the growth of ErisX and Cboe Digital and the close strategic and commercial alignment from day one. The soon to be formalized group of equity partners join a roster of planned commercial partner firms supporting the ErisX business, which is expected to be renamed Cboe Digital, including Fidelity Digital AssetsSM, Galaxy Digital, NYDIG and Webull among others. Together, subject to the execution of definitive documents, these firms have committed to ongoing engagement with the business and building of Cboe Digital markets. As part of its operation of ErisX and the Cboe Digital business, Cboe plans to form a Digital Advisory Committee comprised of a cross-section of equity and commercial partner firms. The committee will be tasked with advising Cboe on the ongoing development of the ErisX spot and derivatives markets, and more broadly, Cboe Digital and the digital asset space. Cboe plans to leverage the engagement and collaboration with these market participants to help accelerate growth of ErisX as a resilient, trusted and transparent digital asset venue.
IBEX

Hot Stocks

09:04 EDT Ibex hires 500 new agents in Honduras - ibex announced it has won several new client accounts and is hiring 500 new customer service agents in Honduras. ibex's customer experience delivery center is located in the Novacentro Mall at Centro Comercial Los Proceres, entre Boulevard Morazan y Avenida La Paz.
AIHS

Hot Stocks

09:04 EDT Senmiao Technology signs electric vehicle lease agreement with BYD - Senmiao Technology's wholly-owned subsidiary Chengdu Corenel Technology has signed an agreement with Guangzhou Wanjun Automobile, an affiliate of BYD Company, to lease another 100 BYD electric vehicles from Wanjun for Senmiao's online ride-hailing business in Guangzhou. Senmiao leased an initial 98 EVs from Wanjun in 2021. As of July 31, 2022, Senmiao has 248 EVs as part of its operations in Guangzhou, including the 198 leased from Wanjun. Senmiao has leased a total of 198 BYD EVs from Wanjun with a set monthly leasing fee and a one-time deposit fee per vehicle to operate as part of Senmiao's online ride-hailing business in Guangzhou. Senmiao will sub-lease the EVs delivered under these agreements to its online ride-hailing drivers in Guangzhou. BYD is one of the largest manufacturers of automobiles, battery-powered bicycles, buses, trucks, forklifts, solar panels, rechargeable batteries, and mobile-phone batteries in China.
AGRI

Hot Stocks

09:04 EDT AgriFORCE Growing granted patent from Canadian Intellectual Property Office - AgriFORCE Growing Systems announced that it was granted a patent titled "Structure for Growing Plants" from the Canadian Intellectual Property Office, which relates to the Company's proprietary growing facility design, the AgriFORCE GrowHouse. This granted patent corresponds with the Company's previously reported Notice of Allowance in April and covers 20 claims for different inventive features relating to structures for growing plants. The Company's proprietary facility design is an environmentally friendly and clean form of growing high-value crops to Good Manufacturing Practices pharma-grade standards, including extreme weather environments. AgriFORCE GrowHouse facilities are designed as advanced AgTech, high-efficiency building envelopes supported by proprietary building engineering and materials. "Our objective is to provide an advanced platform for our customers' delivery of more sustainable, better tasting, and nutritious food and plant-based products, as well as more natural and effective plant-based medicines and supplements," said Ingo Mueller, Chief Executive Officer of AgriFORCE. "With this latest granted patent, we have further strengthened our intellectual property portfolio and protected our advanced facility design and operational processes. We believe our foundational IP has positioned us as a leader in the AgTech industry and marks a key milestone in our growth strategy."
TUFN

Hot Stocks

09:03 EDT Turn/River Capital completes acquisition of Tufin - Tufin announced the completion of its acquisition by Turn/River Capital in an all-cash transaction valued at approximately $570 million. Lion Investment Partners will be co-investing alongside Turn/River. The acquisition was previously announced on April 6, 2022, and approved by Tufin shareholders at the Special General Meeting of Shareholders held on June 7, 2022. Under the terms of the merger agreement, Tufin shareholders will receive $13.00 per share in cash, representing a premium of approximately 44% over Tufin's closing share price on April 5, 2022, the last full trading day prior to the transaction announcement, and a premium of approximately 54% over Tufin's one-month volume-weighted average closing price through April 5, 2022. With the completion of the acquisition, Tufin's common stock has ceased trading and will no longer be listed on the New York Stock Exchange.
NXTP

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09:02 EDT NextPlay Technologies' NextBank, Alphabit's ABCC complete collaboration - NextPlay Technologies announced that NextBank International, the international banking unit of NextPlay's fintech division, has structured and signed a Collaboration Agreement with Alphabit Consulting, formally launching the process of bringing deposit accounts and payment cards to members of Alphabit's ABCC cryptocurrency exchange. Once implemented, ABCC Exchange customers will be able to convert cryptocurrencies to, and use NextBank accounts to transact in, fiat currencies, and also use NextBank prepaid cards that will allow ABCC Exchange customers to transact in fiat currencies using their crypto assets. In the future, subject to NextBank's and ABCC's receipt of necessary regulatory approvals, the parties intend to provide an additional opportunity for ABCC customers to apply for payment cards under which approved customers will have the ability to borrow funds from NextBank, which borrowings are to be secured by cryptocurrencies held by the customer in a separate account at ABCC. Todd Bonner, chairman of the board of directors of NextPlay Technologies and head of the company's fintech division, stated: "Last month our team implemented improvements in NextBank's core operating infrastructure, significantly expanding the capabilities of our Fintech division, including for mobile and online banking. We intend to continue that improvement by seeking regulatory approval to add insurance products and block chained assets to our banking services. With the ABCC relationship, we have the potential to expand NextBank's deposit base and depositor count to many multiples of their current level. The relationship with ABCC is expected to provide us with the opportunity to offer credit to this emerging class of high-net-worth crypto investors. Soon, we expect to offer unique insurance products and well-underwritten and currently not easily accessible real world alternative asset classes. We are very thankful to Calvin and his excellent team for offering us a chance to grow with ABCC."
SNPS

Hot Stocks

09:01 EDT Synopsys initiates $240M accelerated share repurchase agreement - Synopsys has entered into an accelerated share repurchase agreement with Bank of America, to repurchase an aggregate of $240M of Synopsys stock. Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery of approximately 535,000 shares, with the remainder, if any, to be settled on or before November 18, 2022, upon completion of the repurchases.
AJG

Hot Stocks

09:01 EDT Arthur J. Gallagher acquires Watkins Group, no terms disclosed - Arthur J. Gallagher & Co. announced the acquisition of Alexandria, Louisiana-based Watkins Insurance & Benefits, LLC, dba Watkins Group - Insurance & Benefits Specialists. Terms of the transaction were not disclosed. Founded in 2008, Watkins Group offers employee benefit solutions for corporations of all sizes, as well as individual and Medicare coverage solutions, to its clients throughout Central Louisiana. Wesley Watkins and his associates will remain in their current location under the direction of Robby White, South Central region leader for Gallagher's employee benefits consulting and brokerage operations.
LUV

Hot Stocks

08:52 EDT Southwest, Atlanta airport test A&K Robotics' self-driving tech - A&K Robotics announced its self-driving robot pods are being tested at the Hartsfield-Jackson Atlanta International Airport in collaboration with Southwest Airlines to help enhance the travel experience of passengers with reduced mobility. A&K specializes in advanced navigation systems and has developed industry's first autonomous, electric pods to safely transport people with limited mobility in crowded places, such as airports and malls, while avoiding obstacles and people.
ORBT

Hot Stocks

08:51 EDT Orbit International receives board authorization to purchase $500,000 of shares - Orbit International announced that its Board of Directors authorized the Company to enter into a new share repurchase program to purchase up to $500,000 of its common shares. The shares may be repurchased from time to time in open market transactions at prevailing market prices or in privately negotiated transactions in accordance with federal securities laws. The Company's previous share repurchase program for approximately $784,000 was completed earlier this month.
XMTR

Hot Stocks

08:50 EDT Xometry, CCBC announce public-private partnership for two-year scholarships - The purpose of this event is to announce two-year scholarships for nearly 60 CCBC students who are studying to become the next generation of skilled mechanical engineers, technicians and machinists. Xometry is funding the scholarships as part of its commitment to investing in small- and medium manufacturers in Maryland and throughout the country. The scholarships are an important realization of Rep. Hoyer's Make It In America plan, which is designed to ensure the United States continues to lead the world in developing and building advanced technology and other products that drive the global economy.
ACKIU BX

Hot Stocks

08:48 EDT Ackrell SPAC says Blackstone declined to fund payment required for extension - Ackrell SPAC Partners I announced that, on August 24, 2022, North Atlantic Imports communicated to the Company that Blackstone declined to fund the final $200,000 pursuant to the promissory note the Company issued to Blackstone on June 21, 2022 to extend the date by which the Company must complete its initial business combination from August 24, 2022 through and including September 23, 2022. The Company's Amended and Restated Certificate of Incorporation, as amended, requires the Company to deposit into the Company's trust account $200,000 no later than August 31, 2022 as a condition to the Extension. The counsel to Blackstone has advised the Company that it is Blackstone's position that Blackstone has no legal obligation to loan to the Company the final $200,000 pursuant to the Note to fund the Extension. The Company disagrees. Unless the Company is able to secure $200,000 from another source by the close of business on August 31, 2022, as to which the Company cannot provide assurance, under the Company Charter the Company will be forced to cease all operations, except for the purposes of winding up, as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the shares of common stock underlying the subunits included in its initial public offering for cash for a redemption price per share equal to the amount then held in the Trust Account, but net of taxes payable, divided by the total number of Public Shares then outstanding subject to applicable law, and as promptly as reasonably possible following such redemption, subject to approval of the Company's then stockholders and subject to the requirements of the Delaware General Corporation Law, including the adoption of a resolution by the Board of Directors pursuant to Section 275(a) of the DGCL finding the dissolution of the Company advisable and the provision of such notices as are required by said Section 275(a) of the DGCL, dissolve and liquidate, subject to the Company's obligations under the DGCL to provide for claims of creditors and other requirements of applicable law. As of the close of business on August 23, 2022, there was approximately $53.5 million in the Trust Account, representing a per share redemption amount of approximately $10.38 as of that date. If the Company is forced to liquidate, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount. If the Company is forced to liquidate, in order to provide for the disbursement of funds from the Trust Account, the Company will instruct Continental Stock Transfer & Trust Company, the trustee of the Trust Account, to take all necessary actions to immediately liquidate the Trust Account. The proceeds of the Trust Account will be held in a non-interest-bearing account while awaiting disbursement to the holders of the Public Shares. Record holders may redeem their shares for their pro rata portion of the proceeds of the Trust Account by delivering their Public Shares to Continental Stock Transfer & Trust Company, the Company's transfer agent. Beneficial owners of Public Shares held in "street name," however, will not need to take any action in order to receive the redemption amount. The redemption of the Public Shares is expected to be completed within ten business days thereafter. The Company's initial stockholders have waived their redemption rights with respect to its outstanding common stock issued prior to the Company's initial public offering. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.
PTON

Hot Stocks

08:44 EDT Peloton expects retention levels to remain attractive
ADSE

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08:39 EDT Ads-Tec Energy sees increase in order volume for EV-charging, storage systems - ADS-TEC Energy announced that the company has significantly increased the order volume for its products in fiscal year 2022 since the publication of the first financial forecast on April 28. The orders primarily involve the company's battery-buffered, ultra-fast EV charging systems, but also include stationary storage systems for commercial and industrial applications. For contractual reasons, specific customers and projects cannot be publicly announced at this time. The current problems in the supply chain and the very long delivery times for products already ordered will mean that sales in 2022, as already announced and planned, will be recorded during the last months of the year. The previous sales forecasts for 2022 will not be affected by the increased order backlog, as sales from the new orders are planned for 2023. "My team and I are very pleased with the massive increase in orders, especially in these extremely uncertain times. We see this customer trust as confirmation of our strategy and hard work," said Thomas Speidel, CEO, ADS-TEC Energy. " Our production is already prepared for the additional volume. Together with our strong suppliers and partners, we are confident that we will be able to ensure the availability of important materials for production. Here, ADS-TEC Energy's ability to master all stages of development is a real differentiator. Nevertheless, inflation, scarcity of resources and materials will continue to occupy us and the entire industry; normality is not in sight."
QUBT

Hot Stocks

08:39 EDT Quantum Computing releases shareholder letter with Quantum roadmap - Quantum Computing announced that it has issued a letter to shareholders pertaining to QCI's vision and state of the industry. The letter recaps QCI's many achievements since the June 2021 shareholder letter and offers a roadmap for the coming year and beyond. "The capstone to this extraordinary year was QCI's acquisition of QPhoton. This enabled QCI to combine its deep expertise and experience in quantum computing with QPhoton's research efforts to develop photonic-based quantum systems... QCI has evolved into a full stack quantum solutions company offering customers the ability to run optimization problems in excess of 5,000 variables, on a room temperature, desktop quantum system... 2021-2022 Summary: Uplisted to NASDAQ; Developed and released QAmplify, an enhancement to the company's Qatalyst platform that amplifies the quantum effects of existing quantum computers by 5x - 20x of their qubit count; Continued to hire world class talent; Expanded the Board of Directors; Completed an additional funding of the company through the sale of preferred equity; Successfully completed the acquisition of QPhoton. In mid-2022, QCI created its Quantum Solutions division, which is focused on bridging the gap between state of the art quantum computing technologies and real-world business problems. The team comprises professionals with backgrounds in data science, solutions architecture, and management consulting who work with forward-thinking companies to help them define, demonstrate, and implement quantum-based technology solutions to their business-relevant problems today....QCI's goals for 2022-2023 are focused on generating and increasing sales of its quantum technology's existing capabilities represented in the Quantum Ecosystem. The company expects to accomplish the following over the next 12 months: Offer subscription access to Dirac-1 and -2; Expand its technical solutions offerings to other domains that will benefit from Dirac-1; Commercialize and sell its Quantum LiDAR; Deploy its quantum cybersecurity solutions by commercializing its quantum network and authentication capabilities; Deploy its quantum solutions to U.S. government clients; Expand the deployment of its quantum solutions to state government clients; Expand its technical team; Expand its Technical Solutions and Sales Teams... QCI's Path to the Future - The Quantum Ecosystem: QCI's vision is to develop democratized quantum solutions that will have a positive impact on business, industry, government and society... Highlights include: Quantum Optical Chips: Optical chips will ultimately provide the greatest scalability and performance advantages for quantum information processing, sensing and imaging. The company expects to... begin to establish a U.S.-based chip facility in 2023. Quantum Imaging: One of the most exciting opportunities on the 3-5 year horizon involves leveraging the ability to count single photons and filter their associated wave functions precisely to obtain optical imaging through otherwise opaque and dense materials."
JAGX

Hot Stocks

08:39 EDT Jaguar Health enters royalty interest purchase agreement - Jaguar Health entered into a royalty interest purchase agreement with Utah-based Streeterville Capital. Under the Agreement, Jaguar will immediately receive $4M in connection with the sale of a royalty interest to Streeterville entitling Streeterville to receive 3-fold of the royalty purchase price from future royalties on sales of crofelemer and lechlemer and certain up-front license fees and milestone payments from licensees and/or distributors, excluding any fees due to Jaguar from its crofelemer license for the European territory to Napo Therapeutics and will pay interest on the Royalty Payment Amount at a rate of ten percent in annum until the same is paid in full. Royalty payments will initiate on January 1, 2024 and will involve minimum monthly payments.
BPOP

Hot Stocks

08:38 EDT Popular announces $231M accelerated share repurchase agreement - Popular announced that on August 24 it entered into an accelerated share repurchase agreement to repurchase an aggregate of $231M of Popular's common stock. Under the terms of the ASR agreement, the corporation will make an initial payment of $231M and receive an initial delivery of 2,339,241 shares of Popular's common stock. The transaction will be accounted for as a treasury stock transaction. Furthermore, as a result of the receipt of the initial shares, the corporation will recognize in shareholders' equity approximately $185M in treasury stock and $46M as a reduction of capital surplus. Upon the final settlement of the ASR agreement, the corporation expects to further adjust its treasury stock and capital surplus accounts to reflect the final delivery or receipt of cash or shares, which will depend on the volume-weighted average price of the corporation's common stock during the term of the ASR agreement, less a discount. The final settlement of the ASR agreement is expected to occur no later than the fourth quarter of 2022. The $231M in Popular's common stock being repurchased pursuant to the ASR agreement is equal to the sum of the remaining $100M in common stock repurchases contemplated as part of the corporation's 2022 capital actions, announced on January 12 and the estimated $131M in after-tax gains recognized by the corporation as a result of the sale of its remaining shares of common stock of Evertec, announced on August 15.
PTON

Hot Stocks

08:37 EDT Peloton sees churn remaining low in Q1, rest of year
TLS

Hot Stocks

08:37 EDT Telos expands growth at U.S. Airports - Telos Corporation announced that it has gained significant momentum surrounding the company's Designated Aviation Channeling service, with new customers and eleven customer renewals secured over the past four months. In 2022, Telos saw expanded use of its aviation channeling service within the U.S. commercial aviation industry to include USA Jet Airlines, IFL Group, California Redwood Coast Humboldt County Airport, Advanced Airlines, Back Country Aviation and ABX Air. Telos' newest DAC customers join an impressive roster of aviation clients, including those renewing Telos DAC services, such as Albany Intl. Airport, Chicago O'Hare Intl. Airport, Chicago Midway Intl. Airport, Dallas Fort Worth Intl. Airport, Jacksonville Intl. Airport, Antonio B. Won Pat International Airport, Minneapolis-St. Paul Intl. Airport , Phoenix Sky Harbor International Airport, Salt Lake City International Airport, Santa Barbara Airport, St. Pete-Clearwater Intl. Airport, State of Hawaii Dept. of Transportation for State Commercial Airports and more.
PTON

Hot Stocks

08:37 EDT Peloton's primary focus to be revenue growth, margin expansion, says CEO
PTON

Hot Stocks

08:36 EDT Peloton sees 'challenging' connected fitness market for foreseeable future
ITI

Hot Stocks

08:36 EDT Iteris awarded GSA multiple award schedule contract - Iteris announced that it has been awarded a Multiple Award Schedule by the General Services Administration . This government-wide contract is currently effective until 2027 and provides federal, state and local government buyers with quick access to Iteris' consulting services. Listed under contract number 47QRAA22D00BT, it was awarded for technical and engineering services, business administration services, training and IT services. "As a long-standing provider to government agencies, this contract is a perfect fit for Iteris," said Moe Zarean, General Manager of Mobility Consulting Solutions at Iteris. "We are excited that the GSA MAS program will make it easier for us to deliver our technical and domain expertise to public-sector clients, especially as agencies at all levels of government begin to deploy funding from the Infrastructure Investment & Jobs Act to address critical mobility initiatives across the nation."
HPQ

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08:35 EDT HP Inc. unveils new partner benefits at HP Amplify Executive Forum - HP Inc unveiled a number of new partner benefits, aimed at driving greater partner collaboration, training opportunities and community engagement. In addition to enhancements to its Amplify Data Insights program, the company announced the global expansion of its Amplify Impact partner sustainability program and introduced a new partner training and engagement platform, HP Curiocity.
PTON AMZN

Hot Stocks

08:35 EDT Peloton: Amazon the 'default first-stop shopping destination' for millions - Comments taken from Q4 earnings conference call.
EJH

Hot Stocks

08:35 EDT E-Home Household Service awarded RMB 4.7M client household, cleaning contracts - E-Home Household Service announced the Company has been awarded household and cleaning service contracts worth a total of RMB 4.7M in August. Pursuant to the contracts signed, E-Home will be the designated household and cleaning service provider for two years for seven properties under the management of Shanghai Fanying Environment Engineering Co. Ltd., Fujian Company and Fujian Fusheng Property Management. Among the contracts signed, Putian YouYou Cleaning, a subsidiary of the Company, has been awarded RMB2.9 million new property cleaning contracts which last between one and two years to provide daily sweep and maintain cleanliness at four designated neighborhoods in Fujian city. Wenshan Xie, Chairman and CEO of E-Home, commented: "E-Home is pleased to add these projects to another milestone of cleaning and maintenance services that will contribute to both our 2022 and 2023 performance. In addition, the healthy and long term relationship and the trust our clients rest on us will support the state of E-Home's efforts towards cementing our leading position in the market. All of these projects support the overall improvement and resiliency of our business, support our ambition to diversify into other business areas."
VICI...

Hot Stocks

08:35 EDT VICI Properties, Century Casinos to acquire Rocky Gap from Golden for $260M - VICI Properties (VICI) announced it has, together with Century Casinos (CNTY), entered into definitive agreements to acquire Rocky Gap Casino Resort, located in Flintstone, Maryland from Golden Entertainment, (GDEN) for an aggregate purchase price of $260M in cash. Pursuant to the transaction agreements, the company will acquire an interest in the land and buildings associated with Rocky Gap for approximately $203.9M, representing a 7.6% capitalization rate, and Century will acquire the operating assets of the property for approximately $56.1M. Simultaneous with the closing of the transaction, Rocky Gap will be added to the existing triple-net master lease agreement between VICI Properties and Century and annual rent will increase by $15.5M. The transaction is expected to be accretive immediately upon closing. Additionally, the term of the Century Master Lease will be extended such that, upon closing of the transaction, the lease will have a full 15-year initial base lease term, with four five-year tenant renewal options. The tenant's obligations under the Century Master Lease will continue to be guaranteed by Century Casinos. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close in mid-2023.
CNTY VICI

Hot Stocks

08:35 EDT Century Casinos acquiring the operations of Rocky Gap Casino Resort in Maryland - Century Casinos (CNTY) entered into a definitive agreement to acquire the operations of Rocky Gap Casino Resort from Lakes Maryland Development for approximately $56M, subject to certain adjustments. The company will fund the acquisition using cash from its balance sheet. Simultaneous with the closing of the transaction, an affiliate of VICI Properties (VICI) will acquire the real estate assets for approximately $204M and the company will amend its triple net lease agreement with VICI to add the Rocky Gap property. The amendment to the lease will include initial annual rent for the Rocky Gap casino of approximately $15.5M. The purchase price for the casino operations represents an implied 2021 EBITDA multiple of 4.9x. The acquisition is expected to be immediately accretive to the company's earnings. Rocky Gap is located in Flintstone, Maryland in Rocky Gap State Park, which attracts over half a million visitors annually. Rocky Gap Casino Resort had net operating revenue of $78M and Adjusted EBITDA of $27M for the year ended December 31, 2021. Upon closing of the Rocky Gap acquisition and the pending acquisition of Nugget Sparks, which operates the Nugget Casino Resort in Sparks, NV, the company's North American portfolio will increase to 11 casinos. After the two acquisitions, the company expects to generate 94% of its Adjusted EBITDA from its North American casinos. The transaction is expected to close mid-2023.
KAVL

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08:34 EDT Kavial Brands says Bidi Vapor wins merits case agains FDA - Kaival Brands Innovations Group, the exclusive U.S. distributor of products manufactured by Bidi Vapor, announced that the U.S. Court of Appeals for the Eleventh Circuit has ruled 2-1 in Bidi Vapor's favor, granting its petition for review, and setting aside and remanding as arbitrary and capricious the U.S. Food and Drug Administration's order denying the Premarket Tobacco Product Applications for the non-tobacco flavored BIDI Sticks. On August 23, 2022, the 11th Circuit held that FDA's Marketing Denial Order issued against Bidi Vapor's non-tobacco flavored ENDS devices was "arbitrary and capricious," primarily because FDA failed to consider the relevant marketing and sales-access-restrictions plans included in Bidi Vapor's comprehensive PMTAs. In the majority opinion, the Court stated that FDA needed to consider relevant marketing strategies and plans surrounding access and restrictions around minors included in the PMTAs, and not simply disregard those plans as historically insufficient. "The FDA offers its experience as its primary excuse for its refusal to consider the marketing and sales-access-restriction plans," the Court's majority ruled. "Experience fails as a justification..." At the time of this press release, FDA has not announced its plans moving forward. The agency could appeal the ruling or put Bidi Vapor's PMTAs for its non-tobacco flavored devices into scientific review. The Court ruling "remands", or sends, the applications back to the FDA for action. The dissenting judge sided with FDA and its arguments that it has not seen any marketing or access plans that would reduce youth access, or that non-tobacco flavored vaping products offer an advantage over tobacco-flavored vaping products in decreasing smoking among existing smokers, despite the fact that FDA admittedly did not even review Bidi Vapor's submitted marketing plan or other evidence.
SVFD

Hot Stocks

08:33 EDT Save Foods receives notice of patent allowance in US - Save Foods announced that the United States Patent and Trademark Office, USPTO, has provided the Company a Notice of Allowance for its patent application that relates to a method of protecting food from decay by applying Save Foods blend of food acids. A Notice of Allowance is issued after the USPTO makes the determination that a patent should be granted from an application. The patent is expected to be issued in the coming months and will increase the Company's IP portfolio to ten granted patents. Dr. Neta Matis, Save Foods' Head of Science and the COO of the Company's Israeli subsidiary said: "This patent not only adds to our intellectual property portfolio covering our novel solutions, but it also strengthens our competitive advantage, that will lead to new commercial opportunities. We have additional patents pending as part of our IP protection strategy and we will continue our product innovation efforts to further enhance our market position and drive revenue growth. I am immensely proud to make this announcement. This patent is an attestation that our technology is indeed innovative and unique, and will help us to play a significant role in food waste and pesticides reduction."
MULN

Hot Stocks

08:32 EDT Mullen announces collaboration with TRE for vehicle chassis development - Mullen Automotive announces a collaboration with Team Rosberg Engineering, TRE, GmbH from Germany on vehicle chassis and safety development for the Mullen FIVE EV Crossover Program. Mullen is currently working with engineering partner ARRK to finalize the structural layout for the Mullen FIVE with computer-aided engineering, CAE, simulation loop. The program is on track to finish engineering development next year as originally planned. Mullen previously announced its partnership with leading German automotive engineering company ARRK in December 2021. ARRK is supporting Mullen with CAE, body in white, battery, closures, interior, chassis, thermal, and infotainment engineering. Additionally, Mullen has recently initiated a strategic collaboration with Team Rosberg Engineering for vehicle chassis and safety development. "The engineering work for the FIVE continues to progress in full swing. We've made rapid progress thanks to our incredible partners," said David Michery, CEO and chairman of Mullen Automotive. "These new partnerships are accelerating our path to start of production, which we previously slated for Q4 2024 and Q1 2025. Having companies such as ARRK and Team Rosberg involved in the FIVE program is a great privilege for Mullen."
JCI

Hot Stocks

08:32 EDT Johnson Controls signs framework agreement with Nozomi Networks - Johnson Controls and Nozomi Networks announced that Johnson Controls signed a framework agreement with Nozomi Networks, allowing Johnson Controls to utilize the Nozomi Networks toolset for the benefit of its customers. Johnson Controls also participated in last year's $100M funding round for Nozomi Networks - further signaling its commitment to deliver high quality, robust and specialized cybersecurity solutions for its OpenBlue secure communications stack.
ICE

Hot Stocks

08:24 EDT IntercontinentalExchange to launch U.K. carbon allowance options - Intercontinental Exchange announced that it plans to launch options on UK Carbon Emission Allowances on October 10, subject to regulatory approval. "The launch of UK Carbon Options follows the successful launch of the UK carbon market last year and should provide a meaningful new tool for our customers to manage carbon emissions price risk," said Gordon Bennett, Managing Director of Utility Markets at ICE. "Each day, ICE's global environmental markets provide price signals for negative and positive externalities to help conserve the world's carbon budget. Environmental considerations are touching a much wider spectrum of companies who will need to manage emissions pricing in their business models as part of their net zero commitments." ICE expects to list UKA Options out to March 2024. The underlying contract will be the December UKA futures contract for the relevant year. For example, the underlying contract for the March 2023 options will be the December 2023 UK Carbon Allowance future.
EVGN

Hot Stocks

08:24 EDT Evogene regains compliance with Nasdaq minimum closing bid price rule - Evogene received a formal notification from Nasdaq that the company has regained compliance with the listing rule which requires the company's ordinary shares to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the company's ordinary shares was at $1.00 per share or greater for the prior 10 consecutive business days. Accordingly, the company has regained compliance and Nasdaq considers the prior bid price deficiency matter now closed.
HPQ

Hot Stocks

08:23 EDT HP Inc. introduces HP Instant Ink - HP Inc introduced HP Instant Ink for small business and the new LaserJet Pro with HP+ designed to simplify technology management for small business owners. With a single Instant Ink account, small businesses automatically receive device-specific supplies for multiple devices in multiple locations. Combined with advanced features on the new LaserJet Pro with HP+, an Instant Ink subscription can help small businesses save time and money, makes recycling cartridges easy, and protects and restores forests around the world.
SKYX

Hot Stocks

08:19 EDT SKYX Platforms to introduce demo video of Gen-1 platform technology - SKYX Platforms announced the introduction of a demo video of its Gen-1 ceiling platform technology, the specifications of which just received an approval vote by ANSI / NEMA. The SKYX technology simplifies the installation process of light fixtures while significantly reducing both time and cost, as well as substantially reducing hazardous incidents, injuries, and death.
JRSH

Hot Stocks

08:18 EDT Jerash Holdings completes purchase of land, building in Jordan - Jerash Holdings announced its wholly owned subsidiary, Jerash Garments and Fashions Manufacturing Co., Ltd., has completed the previously announced purchase agreement with Kawkab Venus Al Dowalyah Lisenaet Albesah for the 71,000 square-foot factory building and land, which house the Company's latest acquired MK Garments factory, in Amman, Jordan, for $2.7 million in cash. Jerash took over production at the MK Garments facility and its 500 employees in August 2021 and completed the acquisition in October 2021. Since, the Company has fully transitioned the facility to manufacture products for Jerash's customers.
FRSH

Hot Stocks

08:16 EDT Databricks expands its use of Freshworks' ITSM, ESM platform - Freshworks announced Databricks has expanded its use of Freshworks' ITSM and ESM platform Freshservice to help support the tripling of its IT workforce which serves Databricks' 4000+ employees. Freshservice plays a critical role in Databricks' new hire onboarding and ongoing employee engagement support, helping employees make the most of their work software. "Our expansion with Databricks is a prime example of the power of simple, easy-to-use software that improves the employee experience and in turn helps businesses achieve their goals," said Pradeep Rathinam, Chief Customer Officer at Freshworks. "Far too many companies suffer with complex software that takes too much time and money to manage. We designed these solutions to help our customers avoid that time, cost and frustration."
RVSN KNRRY

Hot Stocks

08:16 EDT Rail Vision hosts Knorr-Bremse executives - Rail Vision Ltd. (RVSN) announced Dr. Nicolas Lange, Chairman of the Management Board of Knorr-Bremse Rail Vehicle Systems (KNRRY) and Dr. Maximilian Eichhorn, Vice President and Global Head, Digital Products and Services of Knorr-Bremse, visited Rail Vision's offices to discuss their commitment to Rail Vision's future and the ongoing role the Company will play in Knorr-Bremse's strategy. Knorr-Bremse and Rail Vision first launched their partnership in 2019, with Knorr-Bremse acquiring an initial stake in Rail Vision. Knorr-Bremse increased its investment in Rail Vision in October 2020, and now owns roughly 33% of Rail Vision.
PDD

Hot Stocks

08:14 EDT Pinduoduo continues to spearhead 'Tech for Agri' effort - Pinduoduo continues to spearhead its "Tech for Agri" effort in using technology to drive agricultural modernization. Since its beginnings as an online fresh produce retailer, Pinduoduo has identified technology as the key to driving efficiency gains and boosting farmer incomes. The company has made its "Tech for Agri" vision a core priority, with a focus on increasing market accessibility through its e-commerce platform, improving digital inclusion and literacy through tailor-made online training programs, and fostering innovation to deliver a productivity leapfrog by promoting agritech solutions and horticultural breakthroughs.
OXY

Hot Stocks

08:14 EDT Occidental, 1PointFive to begin construction of air capture plant in Texas - Occidental and its subsidiary 1PointFive today announced they plan to begin detailed engineering and early site construction for their first large-scale Direct Air Capture plant in Ector County, Texas, near Oxy's portfolio of acreage and infrastructure that are conducive to safe and secure storage of carbon dioxide. The first stage of construction, which includes site preparation and road work, is scheduled to begin in the third quarter of 2022 and start-up is expected in late 2024. Upon completion, the first DAC plant will be the world's largest of its kind and would be an important step in advancing Oxy's low-carbon strategy to deliver large-scale carbon management solutions that accelerate a net-zero economy. Once operational, the plant is expected to capture up to 500,000 metric tons of carbon dioxide per year with the capability to scale up to 1 million metric tons per year. 1PointFive has announced a scenario to deploy 70 DAC facilities worldwide by 2035 under current compliance and market scenarios. The decision to proceed with construction follows the successful completion of a Front-End Engineering and Design study and extensive testing and validation at the Carbon Engineering Innovation Centre. 1PointFive partnered with Carbon Engineering, a climate solutions company, to commercialize and deploy DAC technology at scale. 1PointFive has also agreed on substantive terms with Worley for engineering, procurement, and construction services, and expects to work toward a definitive agreement for the EPC contract by the end of the year. "The construction of Oxy's first DAC plant is an important milestone on the pathway to achieving our net-zero ambitions and helping the world meet the Paris Agreement's climate goals," said Vicki Hollub, President and CEO, Oxy. "We are fortunate to partner with Carbon Engineering and Worley, who share our vision in creating a carbon removal industry that can accelerate the path to net zero." The plant is expected to provide cost-effective solutions that hard-to-decarbonize industries can use in conjunction with their own emissions reduction programs to help achieve net zero.
EVLV

Hot Stocks

08:13 EDT Evolv says FirstEnergy Stadium relies on its systems, data and analytics - Evolv Technology announced FirstEnergy Stadium is relying on the company's systems, data and analytics to enhance public safety and create better fan experiences. FirstEnergy Stadium is using Evolv Express to reduce lines at both of its south entrances, the two most-traversed entrances for Browns games, while also providing enhanced security. Built with powerful sensor technology and AI, Evolv Express identifies weapons, enabling security professionals to focus on addressing potential threats and not be distracted by manually screening every fan entering those gates. Additionally, Evolv data provides Insights that informs staffing to improve stadium security posture and enable the busiest entrances to be properly managed and supported. By streamlining the entry and security screening processes, fans arrive at the south gates with the ability to not break their stride or open their bags while receiving the highest levels of public safety.
GROM

Hot Stocks

08:13 EDT Grom Social's Curiosity Ink Media to inroduces original IP franchise - Grom Social Enterprises Curiosity Ink Media announced that the first title of the new book franchise, The Adventures of Herbert Henry, will debut in time for Christmas 2022, with Santa's Secret Society hitting bookshelves everywhere on October 25. Santa's Secret Society, which is being released in partnership with Dynamite Entertainment, tells the story of young Herbert Henry who sets out on a mission to the North Pole, to enlist Santa's help to save Christmas for his family. The announcement was made today by Darren Marks, Chairman and CEO of Grom Social Enterprises, Inc. and Nick Barrucci, Dynamite CEO and Publisher.
LCFY

Hot Stocks

08:12 EDT Locafy appoints Gateway to lead expanded investor relations program - Locafy has appointed Gateway Investor Relations, a leading strategic financial communications and capital markets advisory firm, to manage its expanded investor relations program initiatives, including providing corporate messaging and other consulting services to the Company. Gateway has begun working closely with Locafy management to develop and deploy a comprehensive outreach and communications program. Activities will include but are not limited to: refining overall company and investment-oriented messaging and corporate positioning, strategic advisory services, and introductions to institutional investors, sell-side analysts and other key influencers in the broader financial community. "Since entering the public markets in March, we've established a strong initial track record of success, including nearly doubling our revenues in the last fiscal year with a clear line of sight to sustainable profitability in fiscal 2023 and beyond," said Locafy Founder and CEO Gavin Burnett. "Search engine marketing grows more important every day. The technology that we've been building and fine-tuning for over a decade has made us a leader in the automation and production of local search products, and we're just getting started. Recognizing the opportunity ahead of us and the value we can generate, we believe it's essential that our investment story is more widely heard and understood by the greater investment community. We've partnered with Gateway because of their extensive experience in helping emerging growth companies like ours to fully realize their underlying value and to more effectively communicate their stories to relevant audiences. With our recent Nasdaq listing, we'll be looking to take advantage of our elevated platform to expand our institutional shareholder base and access to capital. We look forward to partnering closely with the Gateway team over the coming months to deploy a comprehensive investor relations program to accomplish those goals."
HPQ

Hot Stocks

08:12 EDT HP Inc. announces devices, solutions for hybrid work - HP Inc announced new devices and solutions to help people thrive in their hybrid work environments. New PCs include the HP Dragonfly Folio G3 - the hybrid-ready convertible PC for business, and the HP 34" All-in-One Desktop PC - a creative powerhouse that offers users a studio-like experience with support for dual video streams and camera switching. The new HP Z32k G3 4K USB-C Display provides an unprecedented level of detail, while the new HP 965 4K Streaming Webcam delivers crystal clear video. Enhancements to HP Proactive Insights empower IT to optimize the device experience for employees with the power of HP analytics.
VITL

Hot Stocks

08:11 EDT Vital Farms announces launch of new Restorative eggs - Vital Farms builds on its reputation in sustainable farming with the release of Restorative pasture-raised eggs, produced using regenerative agriculture principles like perennial rotations and cover crops. Regenerative agriculture helps create balanced environments between pastures and animals that aims to increase the land's resiliency and improve the health of waterways. Vital Farms collaborated with Understanding Ag for over a year to transition five initial farms to a core set of tenets that promote rich, nutrient-dense soil. Vital Farms is working with Regen Ag Lab to track key measurements like biodiversity and water retention every quarter on the five initial farms. Those measurements will be used to determine year-over-year soil health improvements which will be reported annually. Additional progress highlights will be updated seasonally on the Vital Farms website.
COMS

Hot Stocks

08:10 EDT COMSovereign Holding receives delayed filing notice from Nasdaq - COMSovereign Holding received a letter from the Listing Qualifications Department of Nasdaq stating that the company is not in compliance with Nasdaq listing rules because the company failed to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2022, with the SEC. As previously disclosed in the Form 12b-25 filed on March 31, 2022 by the company with the SEC, the company was unable to file the Form 10-K by the required due date of March 31, 2022 due to the six acquisitions completed by the company during the last fiscal year, two of which are based outside of the U.S., requiring complex outside valuations and purchase price allocations in order to comply with U.S. GAAP accounting principles. In addition, the company was obtaining appraisals of impairment of goodwill, which was taking more time than expected. Under the terms of the exception, the company is required to evidence compliance with all delinquent filings by September 1. As a result of this additional delinquency, the company must submit an update by September 1 to its plan to regain compliance with respect to the filing requirement.
QRVO

Hot Stocks

08:10 EDT Qorvo introduces QPA2511 GaN-on-SiC PAM - Qorvo introduced the highest gain 100 watt L-band compact solution: a GaN-on-SiC power amplifier module targeting commercial and defense radar applications. The QPA2511 GaN-on-SiC PAM includes an integrated two-stage amplifier solution offering 60% power added efficiency in a circuit size 70% smaller than equivalent two-stage solutions. This unparalleled performance significantly reduces overall system power consumption.
APLD

Hot Stocks

08:10 EDT Applied Blockchain announces planned name change to Applied Digital - Applied Blockchain intends to change its name from "Applied Blockchain, Inc." to "Applied Digital Corporation". The Company's intended name change will more accurately reflect its services and broader business offerings to serve customers that require large computing power applications. While Applied Blockchain continues to be a premier provider of digital infrastructure for many cryptocurrency mining operations, it is important for the Company to distinguish that its next-generation datacenters support many other high-performance compute applications. If approved by shareholders at the Company's Annual General Meeting planned for November 10, 2022, the name change would not have an impact on strategy or operations, and the Applied Blockchain ticker symbol, "APLD," would remain unchanged. "Applied Digital reinforces the broader market opportunities for our next-generation digital infrastructure," said Applied Blockchain Chairman and CEO, Wes Cummins. "While we remain committed to providing best-in-class infrastructure solutions to our cryptocurrency mining customers, we are continuing to evaluate and explore opportunities with potential customers that offer expanded use cases for our next-generation datacenters."
LGVN

Hot Stocks

08:09 EDT Longeveron receives intent to grant notice from European Patent Office - Longeveron announced that the European Patent Office has issued a notice of its intent to grant the Company a patent related to methods to treat endothelial dysfunction and monitor the efficacy of allogeneic mesenchymal cell therapies, also known as medicinal signaling cells. The cells are administered to patients with cardiovascular disease through the monitoring of a protein, Vascular Endothelial Growth Factor, which is a signal protein produced by many cells that stimulates the formation of blood vessels. The patent is titled "Methods for Monitoring Efficacy of Allogeneic Mesenchymal Stem Cell Therapy in a Subject." Longeveron's lead investigational product is Lomecel-B, a cell therapy product derived from MSCs. Longeveron is also conducting a trial of Lomecel-B in patients with Alzheimer's Disease in the US and for aging frailty in Japan. Now that the European Patent Office has issued an Intention to Grant, Longeveron will await grant of the patent and then begin the process of registering the patent in a number of nation members of the European Patent Organization. In those jurisdictions where the patent is registered, the patent is expected to expire in November of 2035.
CBIO

Hot Stocks

08:08 EDT Catalyst Biosciences declares special cash dividend of $1.43 per share - Catalyst Biosciences announced that the Board of Directors has declared a special, one-time cash dividend of $1.43 per share to holders of the Company's Common Stock. The dividend is payable on September 20, 2022 to stockholders of record at the close of business on September 6, 2022. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $45 million.
BYRN

Hot Stocks

08:08 EDT Byrna Technologies partners with Argentina's Bersa firearms manufacturer - Byrna Technologies has entered into an agreement with Bersa to distribute Byrna's entire range of less-lethal personal self-defense products throughout South America. Bersa SA, founded in Buenos Aires in 1958, is a privately owned corporation in Argentina and one of only two remaining firearms manufacturers in all of South America. As such, Bersa firearms are carried by the Argentine Armed Forces, the Argentine Federal Police and premier law enforcement agencies throughout Argentina and South America. By partnering with Bersa, Byrna aims to gain instant access to dozens of police agencies and hundreds of dealers. Bersa believes that a safe, effective and reliable non-lethal alternative to a firearm, can fulfil a large demand that is currently going unmet.
RCM

Hot Stocks

08:07 EDT R1 RCM enters 10-year partnership with St. Clair Health - R1 RCM announced a 10-year partnership with St. Clair Health to serve as its primary provider of end-to-end revenue cycle management services. St. Clair Health is a nationally recognized, integrated health system serving residents of Southwestern Pennsylvania. It is the parent organization of St. Clair Hospital; St. Clair Medical Group, a multispecialty group encompassing 150 primary and specialty care physicians; and a growing number of outpatient care locations across the region. St. Clair Health chose to partner with R1 because of its proven ability to deliver better outcomes and improve the patient experience. Another key factor was the alignment of culture between the two organizations, as both R1 and St. Clair Health value the contributions of current revenue cycle team members. As such, approximately 150 St. Clair Health revenue cycle employees will be welcomed into the R1 workforce with comparable positions, pay and benefits, as well as additional growth opportunities based on R1's size, scale and resources. "We are pleased to be selected by St. Clair Health as their RCM partner and warmly welcome them into the R1 family of clients," said Gary Long, executive vice president and chief commercial officer at R1. "Together we can deliver an integrated revenue cycle solution that will not only improve the patient experience, but also deliver new technology to improve workflow and performance."
SAIC

Hot Stocks

08:05 EDT SAIC wins contract to support U.S. Navy networks - Science Applications International announced it has been awarded a $163M contract by the U.S. Navy to support design, development, integration, modernization, sustainment and life cycle support to shore networks, network components and network service solutions for the Naval Information Warfare Center, NIWC, Pacific Shore Networks Branch located in San Diego, CA. Under the contract, SAIC will maintain Naval Enterprise Networks for all shore based U.S. Navy commands and personnel critical to the Navy's day-to-day operations, as well as supporting command and control of U.S. Navy units deployed by operational commanders.
BKSY

Hot Stocks

08:04 EDT BlackSky receives $1.7M NASA contract - BlackSky received its first call order, worth $1.7M, from NASA to evaluate accessibility, accuracy, quality and utility of the company's imaging data services for the Commercial Smallsat Data Acquisition, or CSDA, Program. This call order was issued under a five-year Commercial Smallsat Data Acquisition Program, sole-source blanket purchase agreement announced in November 2021 to provide high-revisit satellite imaging data in support of NASA's existing Earth System Science and applications development for the benefit of society.
BNGO

Hot Stocks

08:04 EDT Bionano announces first publication using OGM to analyze cth, TP53 abnormalities - Bionano Genomics announced the publication of the first study to use optical genome mapping to analyze the impact of chromothripsis, cth, and TP53 abnormalities on chronic lymphocytic leukemia patients with high genomic complexity. Researchers aimed to determine whether poor prognostic outcomes observed in cases with cth might be related not only to the chromothriptic event itself but also to the presence of complex karyotypes or TP53 abnormalities. The paper, published in Cancers journal, was conducted by a multi-center group of researchers from hospitals and academic labs across a number of European countries. The study compared the cytogenomic aberrations observed by genomic microarrays and chromosome banding analysis to those observed using OGM. Researchers analyzed a cohort of 162 CLL patients with complex karyotypes, including a subset of 33 CLL patients with cth, to determine whether the presence of cth indicated poor survival outcomes. In this study, researchers were able to show, for the first time, OGM's ability to detect cth, and also showed that the OGM results were highly concordant with chromosomal microarray results. The study noted that detecting cth using some traditional cytogenetic approaches can be challenging and reported that OGM was able to reveal rearrangements associated with cth events, including intra-chromosomal and inter-chromosomal translocations. In addition, OGM was able to detect a case with a higher complexity profile, comprising chained translocations involving several chromosomes, which may be characteristic of another event known as chromoplexy. "We are excited to see the adoption of OGM in the hematologic community in Spain. This team of researchers have done outstanding work diving into some complex questions in cancer. The results of this study show that while chromothripsis plays a factor in the proliferation of structural variation, TP53 emerges as a critical biomarker with high prognostic value. We believe the study also shows that OGM was unique in its potential to reveal these critical events. The report shows that a few of the variants detected by CMA were not detected by OGM, which we believe reflects the performance of earlier versions of our analysis software and will help guide development of future versions. It is noteworthy that this publication documents OGM's ability to analyze TP53 variants, because we are aware of new international classification subtypes that emphasize the importance of TP53 structural variants in conjunction with single nucleotide variants," commented Erik Holmlin, PhD, president and chief executive officer of Bionano Genomics.
GP

Hot Stocks

08:04 EDT GreenPower Motor delivers three electric school buses to West Virginia - GreenPower Motor announced the sale and delivery of three BEAST Type D all-electric school buses to the West Virginia Department of Education and the appointment of an independent dealer with locations across the state of West Virginia for GreenPower's BEAST Type D and Nano BEAST Type A all-electric school buses. The dealer, headquartered in Parkersburg, West Virginia, will be the exclusive dealer for sales, parts and service for GreenPower school buses in the state of West Virginia and has initially agreed to purchase one BEAST and one Nano BEAST school bus from GreenPower for customers and demonstrations. In addition to the buses to be purchased by the dealer, the West Virginia Department of Education has purchased and taken delivery of the three BEAST Type D school buses which will be used for the pilot project announced by Gov. Jim Justice in June. One Nano BEAST will also be purchased by the state later in the school year to expand the pilot to include a Type A all-electric, purpose-built, zero-emissions school bus. GreenPower's BEAST is a 40-foot Type D school bus seating up to 90 passengers and the Nano BEAST is a 25-foot Type A school bus which is available with standard seating or with ADA.
JRSH

Hot Stocks

08:03 EDT Jerash completes purchase of land and building in Amman, Jordan - Jerash Holdings announced its wholly owned subsidiary, Jerash Garments and Fashions Manufacturing, has completed the previously announced purchase agreement with Kawkab Venus Al Dowalyah Lisenaet Albesah for the 71,000 square-foot factory building and land, which house the Company's latest acquired MK Garments factory, in Amman, Jordan, for $2.7M in cash. Jerash took over production at the MK Garments facility and its 500 employees in August 2021 and completed the acquisition in October 2021. Since, the Company has fully transitioned the facility to manufacture products for Jerash's customers.
AMSF KMPR

Hot Stocks

08:03 EDT Amerisafe announces Anastasios Omiridis as CFO - Amerisafe (AMSF) announced that Anastasios Omiridis will become the company's executive VP and CFO effective September 1. He will replace Neal Fuller whose planned retirement was announced in late 2021. Fuller will remain with the company for a period of time to assist in the transition. Omiridis has more than 23 years of experience in the insurance industry. He is currently the senior VP, deputy CFO and principal accounting officer of Kemper (KMPR).
PRCH EVCM

Hot Stocks

08:02 EDT Porch Group Eintegrates with EverCommerce's MarketSharp - Porch Pro, a Porch Group (PRCH) business unit, and MarketSharp, an EverPro solution by EverCommerce (EVCM) and cloud-based CRM for home service professionals, have announced a software integration to save contractors time and money. "We're incredibly excited to partner with MarketSharp in pursuit of our shared mission to help residential contractors to grow their businesses," said Andrew Beck, Vice President and Group GM of Contractor Tools, Porch Group. "This integration allows Porch Pro to connect millions of homeowner project requests with more contractors and makes it simpler for MarketSharp customers to find and book more jobs." The highly anticipated integration of the Porch Pro lead generation marketplace with MarketSharp's cloud-based CRM solution will simplify the lead generation process for home improvement contractors. This new process seeks to simultaneously address the needs of homeowners while continuing to expand the Porch Pro value proposition to contractors.
FAZE

Hot Stocks

08:02 EDT FaZe Holdings appoints Christoph Pachler as CFO - FaZe Holdings appointed Christoph Pachler as CFO, effective on or before October 3. Pachler joins FaZe Clan from Critical Content, an independent television studio in Los Angeles, where he served as Managing Director & CFO. He was responsible for all financial and corporate matters and oversaw the sale of Critical Content from private equity owners to SK Global Entertainment in December of 2021. Prior to Critical Content, Pachler was the EVP & Chief Financial Officer for Playboy Enterprises. Prior to that, Pachler spent 13 years in various expanding roles at Sony Pictures Entertainment, where he was lastly the CFO and SVP for Strategy and Operations in Sony's international TV business.
LVO

Hot Stocks

08:01 EDT LiveOne, TCL partner for distribution deal - LiveOne announced its preloaded platform distribution partnership with TCL, a consumer electronics brands and technology company. This distribution partnership includes LiveOne's Android application and membership pre-loaded onto selected TCL smartphones and tablets.
FIGS

Hot Stocks

07:45 EDT Figs up 10% in pre-market trading after Ron Baron discusses investment - Shares of Figs (FIGS) are up 96c, or about 10%, to $11.06 in pre-market trading after Ron Baron, the founder, Chairman and CEO of Baron Capital, discussed his investment in the company earlier during an interview on CNBC.
JUSHF

Hot Stocks

07:41 EDT Jushi Holdings to open Fairfax dispensary, 35th retail location nationwide - Jushi Holdings announced the opening of its fourth medical cannabis dispensary in Virginia and 35th retail location nationwide. Providing an unparalleled in-store and digital retail experience via beyond-hello.com, Beyond Hello Fairfax will begin serving medical cannabis patients and registered agents on Wednesday, August 31st at 10:00 a.m. Jim Cacioppo, Chief Executive Officer, Chairman and Founder of Jushi Holdings said, "On the retail side, we now have four dispensary locations open in Virginia, which have helped to broaden patient access, as well as set the bar for what world class dispensaries and next-gen digital shopping experiences should be. As for the operational side, in the second quarter, we completed phase one of the cultivation expansion of our grower-processor facility in Manassas. In the coming year, we look forward to opening up two more stores to continue to better serve the people of the Commonwealth." Beyond Hello Fairfax will provide patients with an efficient, accessible and safe experience that goes beyond the traditional cannabis dispensing environment.
DLTR QRTEA

Hot Stocks

07:40 EDT Dollar Tree CFO Kevin Wampler to transition out, Jeffrey Davis to succeed - Dollar Tree (DLTR) announced an executive leadership addition, as Jeffrey Davis will be joining the organization as CFO. He most recently served as CFO of Qurate Retail (QRTEA). Kevin Wampler will transition out of his role as CFO and is expected to remain with the company as an advisor until April 2023 to ensure a transition.
NCNO

Hot Stocks

07:39 EDT Approved Mortgage selects SimpleNexus as POS solution - SimpleNexus announced that Approved Mortgage has selected SimpleNexus as its point-of-sale solution. The Indiana-based lender will use SimpleNexus' mobile-first feature set to enhance its services to clients and real estate professionals while streamlining its internal processes.
OPGN

Hot Stocks

07:39 EDT OpGen launches Ares sequencing services in Maryland laboratory - OpGen announced that it has launched next generation sequencing, NGS, services in the U.S. that were developed by its subsidiary, Ares Genetics, which strives to become a leader in bacterial genomics and artificial intelligence (AI)-powered antimicrobial resistance solutions. The Rockville-based laboratory enables OpGen to offer validated high quality sequencing and analysis services with rapid turnaround times. Services will provide the infectious disease community in the U.S. with routine sequencing of priority isolates and outbreak analyses that support their needs for surveillance, infection prevention and antibiotic stewardship. Ares' services include ARESiss, which is a fully validated whole genome sequencing workflow for bacterial isolates, now also being offered as a service to customers in the U.S. Reports from the sequencing service are conveniently accessible to customers via Ares' web application AREScloud. "We believe that the combination of sequencing services coupled with standalone software for outbreak analysis is unique in the US and comprises a purpose-built solution enabling customers to perform routine genomic surveillance regardless of their local access to sequencing," the company said. The service portfolio also includes ARESid, a service to identify bacterial organisms present in samples, and ARESupa, a comprehensive AMR marker capture assay already offered through the Ares laboratory in Vienna, Austria. "This is an exciting time in clinical microbiology," said Dr. Arne Materna, CEO of Ares Genetics. "With improving sequencing capacity and turnaround times, the decline in costs and the development of new analytical tools, we are beginning to realize both the healthcare-related and economic benefits of routine microbial genome sequencing applications." To help curb the global spread of AMR pathogens, OpGen is expanding its commercial offering of Ares sequencing and analysis services aimed at clinical microbiologists and specialists in public health and infection prevention and control. Opening of the U.S. service lab provides immediate access to the Company's validated whole genome sequencing service for clinical isolates.
STOK

Hot Stocks

07:38 EDT Stoke enrolls first patient in prospective natural history study for ADOA - Stoke Therapeutics announced enrollment of the first patient in a prospective natural history study of people ages 8 to 60 who are living with autosomal dominant optic atrophy, ADOA. ADOA is the most common inherited optic nerve disorder. It is a rare disease that causes progressive and irreversible vision loss in both eyes starting in the first decade of life. There are currently no approved treatments for ADOA. Most cases of ADOA are caused by mutations in one allele of the OPA1 gene, which result in half of the normal OPA1 protein production. FALCON is a two-year prospective natural history study in patients who have a confirmed diagnosis of ADOA that is caused by an OPA1 mutation. The study is designed to evaluate the rate of change in structural and functional ophthalmic assessments. Data from the FALCON study will support the clinical development of STK-002, Stoke's proprietary antisense oligonucleotide in preclinical development for the treatment of ADOA. "ADOA is a severe and progressive disease that, for many patients, leads to legal blindness," said Barry Ticho, M.D., Ph.D., Chief Medical Officer of Stoke Therapeutics. "There are currently no available treatments for ADOA. We look forward to partnering with the ADOA community and clinicians to learn more about this disease as we work to develop the first potential medicine to treat the underlying cause of ADOA."
AMST

Hot Stocks

07:36 EDT Amesite, Conner Prairie announce launch of Conner Prairie Learning Portal - Amesite announces it is launching the Conner Prairie Learning Portal to deliver eLearning powered by Amesite on Monday, August 29, 2022. The launch features the course "Exploring Your Curiosity Through Storytelling". The Conner Prairie Learning Portal, an online Learning Community Environment, will offer K-12 programs for teachers, parents, and students, all delivered in a digital, easy-to-use, and collaborative format. New capabilities on Conner Prairie's LCESM include a 3D interactive virtual tour of Conner Prairie using SCORM content - a feature previously not offered to Amesite partners - and Amesite's eCommerce solution. "This model is exactly how our partners best-serve their patrons, and turn into million-dollar revenue generators," commented Dr. Ann Marie Sastry, Amesite's Founder and CEO. "Amesite is pleased to help museums on this journey and looks forward to scaling present partners."
APTX

Hot Stocks

07:35 EDT Aptinyx completes enrollment in study of NYX-458 for parkinson's and dementia - Aptinyx announced the completion of enrollment of 99 patients in the company's ongoing Phase 2 study of NYX-458 in cognitive impairment associated with Parkinson's disease and dementia with Lewy bodies. Patients recently enrolled in the study are completing the 12-week treatment period and 30-day safety follow-up period. The company expects to report results from the study in 1Q 2023. "The completion of enrollment in our Phase 2 study of NYX-458 is a significant milestone for Aptinyx," said Andy Kidd, M.D., president and chief executive officer of Aptinyx. "The study is well-designed to characterize the effects of NYX-458 on established measures of attention, memory, and executive function-areas in which many patients with Parkinson's disease and dementia with Lewy bodies experience challenging deficits. As a positive allosteric modulator of NMDA receptors, NYX-458 has the potential to directly address the NMDA receptor hypofunction that underpins cognitive impairment in these patients. We look forward to completing the study and announcing results in the first quarter of next year."
TGTX

Hot Stocks

07:35 EDT TG Therapeutics announces resulst from the ULTIMATE I & II Phase 3 trials - TG Therapeutics announced results from the ULTIMATE I & II Phase 3 trials evaluating ublituximab, the Company's investigational anti-CD20 monoclonal antibody, in patients with relapsing forms of multiple sclerosis, were published in The New England Journal of Medicine. Key Data from the ULTIMATE I & II Trials. Primary Endpoint: Annualized Relapse Rate, ARR, Results: In ULTIMATE I, treatment with ublituximab resulted in an ARR of 0.08, compared to 0.19 for teriflunomide. In ULTIMATE II, treatment with ublituximab resulted in an ARR of 0.09, compared to 0.18 for teriflunomide. MRI Results: In the ULTIMATE I trial, the mean total number of gadolinium enhancing lesions per T1-weighted MRI scan was 0.02 in the ublituximab group and 0.49 in the teriflunomide group ; in the ULTIMATE II trial, the corresponding numbers were 0.01 and 0.25. In the ULTIMATE I trial, the mean total number of new or enlarging hyperintense lesions per T2-weighted MRI scan was 0.21 in the ublituximab group and 2.79 in the teriflunomide group; in the ULTIMATE II trial, the corresponding numbers were 0.28 and 2.83. No Evidence of Disease Activity Results: In ULTIMATE I, NEDA was observed in 44.6% of ublituximab treated patients and in 15% of the teriflunomide treated patients. In ULTIMATE II, NEDA was observed in 43% of ublituximab treated patients and in 11.4% of teriflunomide treated patients. Prespecified Pooled Disability Results: In the prespecified pooled analysis, 5.2% of the participants in the ublituximab group had worsening of disability confirmed at 12 weeks, as compared with 5.9% of the participants in the teriflunomide group ; 3.3% of the participants in the ublituximab group had worsening of disability confirmed at 24 weeks, as compared with 4.8% of the participants in the teriflunomide group. These results were not considered to be significantly different between treatment groups. In the prespecified pooled tertiary analysis that was not included in the hierarchical analysis and from which no conclusions can be drawn, 12.0% of the participants who received ublituximab had lessening of disability confirmed at 12 weeks, as compared with 6.0% of the participants who received teriflunomide; 9.6% of the participants who received ublituximab had lessening of disability confirmed at 24 weeks, as compared with 5.1% of the participants who received teriflunomide. Safety/Tolerability: In a pooled analysis of the two trials, 486 of 545 participants who received ublituximab and 501 of 548 participants who received teriflunomide had at least one adverse event. Grade 3 or higher adverse events occurred in 116 participants who received ublituximab and in 77 who received teriflunomide. The most common adverse event associated with ublituximab was infusion related reactions.
MNMD

Hot Stocks

07:34 EDT Mind Medicine begins dosing in Phase 2b trial of Anxiety Disorder candidate - Mind Medicine announced first patient dosing in its Phase 2b dose-optimization trial of MM-120, a pharmaceutically optimized form of lysergic acid diethylamide or LSD, for the treatment of Generalized Anxiety Disorder - GAD -. The trial plans to enroll 200 participants who will receive a single administration of up to 200 microgram of MM-120 or placebo. The primary objective is to determine the reduction in anxiety symptoms 4 weeks after a single administration of MM-120, compared across the five treatment arms. Key secondary objectives, measured up to 12 weeks after the single administration, include assessments of safety and tolerability as well as quality of life. GAD is a chronic, often debilitating mental health disorder that affects approximately 6% of U.S. adults in their lifetimes.
PTON

Hot Stocks

07:34 EDT Peloton falls 16% to $11.35 after below-consensus Q4 results and Q1 guidance
LANC

Hot Stocks

07:34 EDT Lancaster Colony expects 'notable increase' in commodity costs in FY23 - CEO David Ciesinski commented, "We were pleased to report record fourth quarter sales and gross profit despite the difficult operating environment. I am also glad to share that the implementation phase of our ERP initiative, Project Ascent, which commenced July 1, is off to a great start with no notable concerns. Customer fulfillment levels remained strong before and after the system cutover with no unplanned disruptions in receiving orders, producing products or shipping orders. I extend my sincere thanks to all our associates here at Lancaster Colony for the tremendous effort they put forth to reach this important Project Ascent milestone, and for their ongoing support of this critical initiative to position our business for continued growth and success. In both our Retail and Foodservice segments, fourth quarter net sales benefited from continued pricing actions taken to offset inflationary costs and incremental sales attributed to advance ordering by our customers near the end of the quarter ahead of our ERP go-live. Excluding the impact of the pricing and advance ordering, Retail segment sales volumes benefited from higher demand for our frozen garlic bread and frozen dinner rolls along with volume gains for Olive Garden dressings. In the Foodservice segment, also excluding the impact of the pricing and advance ordering, sales volumes were driven by growth from select customers in our mix of national chain restaurant accounts and higher demand for our branded products. In our fiscal fourth quarter, we continued to experience extraordinary inflation for raw materials, packaging and freight at levels similar to those we endured in our fiscal third quarter. Through the benefit of our ongoing pricing actions, we made good progress in reducing the gap between our price levels and the inflationary costs as indicated by the sequential improvement in our reported gross profit margin, an increase of 480 basis points from our fiscal third to fourth quarter. Looking ahead to fiscal 2023, our Retail sales will benefit from another round of pricing on our dressing and sauce products that took effect in early August. We expect continued growth from our licensing program behind new items, but Retail sales volumes will also face offsets from consumer demand elasticity and the ongoing impact of fiscal 2022 rationalization initiatives for some of our low-margin products. In Foodservice, we expect sales volumes to be led by growth from select quick-service restaurant customers in our mix of national chain restaurant accounts while the external factors of a slowing economy and changes in consumer sentiment may dampen demand. It is important to note that our fiscal 2023 first quarter sales will be unfavorably impacted by the advance ordering that occurred in our fiscal fourth quarter as mentioned above. In addition, we are currently forecasting a notable increase in our commodity costs in the coming year versus fiscal 2022 and higher costs for other items such as packaging, labor and freight to pose a headwind to our financial results. To help mitigate these rising costs, beyond the pricing actions taken in fiscal 2022, we recently implemented the aforementioned round of pricing for dressings and sauces in our Retail segment while our Foodservice segment will continue to realize offsets to increased commodity and freight costs through contractual-based inflationary pricing. Our cost savings programs and other net price realization efforts will also help to offset the unfavorable impacts of inflation in the year ahead. Finally, the implementation phase for Project Ascent will continue throughout fiscal 2023 as we integrate additional plants and warehouses into our new ERP network."
IPSC

Hot Stocks

07:32 EDT Century Therapeutics receives Study May Proceed notification for CNTY-101 - Century Therapeutics announced that the company has been notified by the U.S. Food and Drug Administration that the Company's ELiPSE-1 clinical study may proceed to assess CNTY-101 in patients with relapsed or refractory CD19 positive B-cell malignancies. CNTY-101 is the first allogeneic cell therapy product candidate engineered with four powerful and complementary functionalities, including a CD19 CAR for tumor targeting, IL-15 support for enhanced persistence, Allo-Evasion technology to prevent host rejection and enhance persistence and a safety switch to provide the option to eliminate the drug product if ever necessary. CNTY-101 is manufactured from a clonal iPSC master cell bank that yields homogeneous product, in which all infused cells have the intended modifications. The Phase 1 trial, ELiPSE-1, is intended to assess the safety, tolerability, pharmacokinetics and preliminary efficacy of CNTY-101 in patients with relapsed or refractory CD19-positive B-cell malignancies. All patients will receive an initial standard dose of conditioning chemotherapy consisting of cyclophosphamide and fludarabine for 3 days. Schedule A of the trial includes a single-dose escalation of CNTY-101 and subcutaneous IL-2. Schedule B will evaluate a three-dose schedule per cycle of CNTY-101. Patients who demonstrate a clinical benefit are eligible for additional cycles of treatment with or without additional lymphodepletion pending FDA consent. We anticipate initiation of the Phase 1 trial later this year.
IOVA

Hot Stocks

07:32 EDT Iovance Biotherapeutics initiates BLA submission for lifileucel - Iovance Biotherapeutics announced that it has initiated a rolling Biologics License Application, BLA, submission to the U.S. Food and Drug Administration, FDA, for lifileucel, a tumor infiltrating lymphocyte therapy, in patients with advanced melanoma who progressed on or after prior anti-PD-1/L1 therapy, and if BRAF mutation positive, also prior BRAF or BRAF/MEK inhibitor therapy. There are no FDA approved therapies in this treatment setting. Frederick Vogt, Ph.D., J.D., Interim President and Chief Executive Officer of Iovance, stated, "Initiating our rolling BLA submission for lifileucel is a significant step towards our goal to deliver the first individualized, one-time cell therapy for melanoma patients with significant unmet need. In parallel, we are executing our on-boarding and personnel training at authorized treatment centers, education and awareness initiatives, internal capacity planning, and launch readiness activities to prepare for commercialization. The FDA is supportive of our regulatory approach, and we look forward to continuing this collaboration throughout the submission and review process."
ATHE

Hot Stocks

07:30 EDT Alterity Therapeutics launches Phase 2 clinical trial of ATH434 in MSA in Europe - Alterity Therapeutics' Phase 2 clinical trial of ATH434 for the treatment of patients with Multiple System Atrophy - MSA - is now open for enrolment in the U.K. The Phase 2 study will explore the effect of ATH434 treatment on neuroimaging and protein biomarkers, such as excess brain iron and aggregating alpha-synuclein, which are important contributors to MSA pathology. Clinical endpoints will permit comprehensive assessment of ATH434 efficacy along with characterization of safety and pharmacokinetics. ATH434 has been shown preclinically to reduce alpha-synuclein pathology and preserve nerve cells by restoring normal iron balance in the brain. In this way, it has potential to treat Parkinson's disease as well as various forms of atypical Parkinsonism such as MSA. ATH434 successfully completed Phase 1 studies demonstrating the agent is well tolerated, orally bioavailable, and achieved brain levels comparable to efficacious levels in animal models of MSA. ATH434 has been granted Orphan designation for the treatment of MSA by the FDA and the European Commission.
BIOF

Hot Stocks

07:23 EDT Biofuel Energy reaches milestone in scaling its CTS reactor system - Blue Biofuels has reached a significant milestone in the scaling of its proprietary Cellulose-to-Sugar, CTS, reactor system. Testing results on a custom modified reactor system demonstrate the ability to convert cellulosic material into sugars with high conversion at a throughput processing rate of 2.5 tons a day. The new reactor system was developed with strategic partner K.R. Komarek. Based on these results, the company has commissioned its next CTS reactor with even more proprietary design features allowing greater exploration of process windows at these increased capacities. Biofuel expects the next reactor to arrive at Blue Biofuels in Q4 2022. CEO Ben Slager says, "The results of the testing with the modified K.R. Komarek machine is a big step forward in the development of our process as it proves that our CTS reactor system works at higher throughputs. These new design features are scalable, and we expect to have the same success with commercial size machines. We look forward to the next steps in scaling our CTS process to develop high volume commercial production of cellulosic and CO2 friendly biofuels."
GWAV

Hot Stocks

07:23 EDT Greenwave Technology to withdraw registration statement on Form S-3 - Greenwave Technology announced that it plans to withdraw its Registration Statement on Form S-3. Simultaneous with the listing of the Company's common stock on Nasdaq on July 22, 2022, the Company's senior secured convertible notes in the principal amount of $37,714,966 together with accrued interest in the amount of $1,470,884 was converted into shares of common stock at a conversion price of $6.02 per share. The Company has no convertible debt outstanding and all of the price protection provisions in the Company's warrants and preferred shares expired upon uplisting to Nasdaq.
MIRO

Hot Stocks

07:22 EDT Miromatrix Medical receives new patent from USPTO for some of its technology - Miromatrix Medical has received a new patent from the United States Patent and Trademark Office, USPTO, for its perfusion decellularization and recellularization technology. This new patent further expands the Company's extensive patent portfolio covering the bioengineering of transplantable organs. U.S. Patent Number 11,414,644 is entitled "Methods of Recellularizing a Tissue or Organ for Improved Transplantability." This patent covers the revascularization of decellularized organs and tissues that encompasses all types of organs including liver, lung, kidney, and heart. "Organ transplantation is one of the largest unmet medical needs facing the world today," says Miromatrix CEO Jeff Ross, Ph.D. "This important patent demonstrates our ability to revascularize decellularized organs and furthers our commitment to bioengineering completely functional, transplantable organs to solve this major health crisis."
NUWE

Hot Stocks

07:21 EDT Nuwellis receives patent from USPTO for pediatric technology - Nuwellis announced that it was awarded a patent from the United States Patent and Trademark Office for a novel innovation that provides for improved fluid balance and safety in pediatric dialysis and hemofiltration. The novel innovations included in this patent will provide healthcare providers with the ability to sense pressure changes in the function of externally connected pumps so clinicians can make any necessary therapeutic modifications.
XPO UPS

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07:21 EDT XPO Logistics appoints Firestone as Chief Legal Officer for RXO spin-off - XPO Logistics (XPO) announced that Jeff Firestone will become chief legal officer of RXO, the planned spin-off of XPO's brokered transportation platform. Firestone will join XPO as chief legal officer of the North American transportation division, effective immediately, and will lead RXO's legal organization when the separation is complete. He reports to Drew Wilkerson, who, as previously announced, will be chief executive officer of RXO, and currently serves as president, transportation - North America. Firestone's 26-year career includes more than two decades with United Parcel Service (UPS). Most recently, he was UPS deputy general counsel, regulatory compliance and risk.
TLSA

Hot Stocks

07:20 EDT Tiziana Life Sciences announces purchase of common shares by chairman - Tiziana Life Sciences announces that it has been notified that Panetta Partners Limited, an entity in which Gabriele Cerrone, the Executive Chairman has a beneficial interest, purchased 80,000 common shares at $0.75 per share. The acquisition takes Mr Cerrone's interests from 37.61% to 37.70%.
TLRY

Hot Stocks

07:19 EDT Tilray launches new products, 'CannaPoints' program - Tilray Brands announced that its medical cannabis division, Tilray Medical, has released new medical cannabis products, under Tilray and Aphria brands and launched CannaPoints, a new program designed to support patients through their medical cannabis journey. Blair MacNeil, President, Tilray Canada, said, "We're proud to expand our medical cannabis portfolio in Canada and broaden our offerings for our growing patient community. Our new CannaPoints program serves to guide our patients on their medical cannabis journey and provide additional support as needed."
GTBIF

Hot Stocks

07:18 EDT RISE announces sponsorship of HeadCount's Cannabis Voter Project - RISE Dispensaries announced that RISE Dispensaries will serve as a premier sponsor of HeadCount's Cannabis Voter Project, which aims to register and inform voters who support cannabis policy reform. Ahead of this year's midterm elections, HeadCount and RISE Dispensaries are teaming up to encourage voters to "Roll Up to the Polls" through Cannabis Voter Project resources now available at all RISE-branded locations and online at www.headcount.org/rise.
ASLN

Hot Stocks

07:18 EDT Aslan Pharmaceuticals signs license agreement with Belle.ai - BelleTorus Corporation and ASLAN Pharmaceuticals announced that ASLAN has licensed belleStudy digital image capture software in support of ASLAN's clinical trials for atopic dermatitis, AD, across several global sites. ASLAN will make the image capture software component of belleStudy available to all investigators of TREK-AD, its ongoing global phase 2b trial of eblasakimab, expected to generate topline data in the first half of 2023. "Belle.ai provides ASLAN and the investigators participating in our global studies with an easy-to-use solution that collects a standardized record of AD disease severity through image capture. This technology allows us to enhance our quality control procedures without having to adjust our protocols in this ongoing study," said Dr Alex Kaoukhov, Chief Medical Officer, ASLAN Pharmaceuticals. "We believe it can be a powerful tool for investigators, allows ongoing review of objective photographic evidence of disease severity assessment at the clinical trial site and will augment the current imaging methods used in our studies."
ACRS LLY

Hot Stocks

07:17 EDT Aclaris Therapeutics announce patent license agreement with Eli Lilly - Aclaris Therapeutics (ACRS) announced a non-exclusive patent license agreement with Eli Lilly and Company (LLY). Under the license agreement, Aclaris granted Lilly non-exclusive rights under certain patents and patent applications that Aclaris exclusively licenses from The Trustees of Columbia University in the City of New York, for the use of baricitinib, Lilly's JAK inhibitor, to treat alopecia areata. The agreement includes an upfront payment, regulatory and commercial milestones, and royalties. "We are pleased to sign this patent license agreement with Lilly," said Jim Loerop, Chief Business Officer of Aclaris. "We believe access to this patent portfolio is necessary for anyone intending to commercialize any JAK inhibitor to treat AA. We have spent considerable resources in licensing and prosecuting our JAK inhibitor patent portfolio and we intend to continue to pursue opportunities provided to us by these patent rights." Financial terms are not disclosed.
BCRX

Hot Stocks

07:16 EDT BioCryst announced US HHS exercised option for 10,000 doses of RAPIVAB - BioCryst Pharmaceuticals announced that the U.S. Department of Health and Human Services, HHS, has exercised its option to purchase an additional 10,000 doses of BioCryst's antiviral influenza therapy, RAPIVAB, for approximately $7M. The RAPIVAB purchase by the HHS Administration for Strategic Preparedness and Response will strengthen the nation's preparedness to respond to a potential pandemic influenza event. The order is the final of five purchase options from a $34.7 million contract the Centers for Disease Control and Prevention awarded in 2018 for the procurement of up to 50,000 doses of RAPIVAB over a five-year period. With the fulfillment of this new order, BioCryst will have delivered all 50,000 doses to HHS under the contract.
GSRM BTM

Hot Stocks

07:14 EDT GSR II Meteora Acquisition, Bitcoin Depot enter business combination agreement - Lux Vending dba Bitcoin Depot and GSR II Meteora Acquisition Corp. announced a definitive agreement for a business combination that would result in Bitcoin Depot becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Bitcoin Depot Inc. and trade on the NASDAQ under the new ticker symbol "BTM." Since its inception in 2016, Bitcoin Depot's mission has been to Bring Crypto to the Masses. Bitcoin Depot's products and services provide an intuitive, quick, and convenient process to convert cash into cryptocurrency, giving users the ability on their own to access the broader, digital financial system, including payments, transfers, remittances, online purchases, and investments. Bitcoin Depot enables users to convert their cash into Bitcoin, Ethereum and Litecoin at more than 7,000 kiosk locations in 47 U.S. states and nine Canadian provinces. Through its BDCheckout offering, users can fund their Bitcoin Depot account with cash at an additional 8,000+ locations at major retailers. Bitcoin Depot's mobile app allows users to locate nearby kiosks and manage their crypto wallet. Bitcoin Depot currently offers the following products and services: Bitcoin Depot BTM: Bitcoin Depot's BTMs provide a streamlined, intuitive platform to convert cash to Bitcoin, Ethereum or Litecoin, giving users the ability on their own to access the broader, digital financial system. Bitcoin Depot's streamlined process at each BTM typically takes under two minutes for new accounts and existing users can typically purchase cryptocurrency in under a minute. BDCheckout: Customers can fund their Bitcoin Depot accounts with cash directly at thousands of checkout counters at major participating retailers across the US through an existing relationship with a leading global payments technology company. Once an account is funded, the user can receive Bitcoin through the Bitcoin Depot mobile app. Assuming no redemptions, the combined company will have an estimated post-transaction enterprise value of $755 million with an estimated equity value of $885 million from the contribution of up to $170 million in cash proceeds from the transaction, net of cash distribution to selling equity holders and expenses. The net proceeds raised from the transaction will consist of up to $321 million of cash held in GSRM's trust account and will be used to support Bitcoin Depot's working capital, complete acquisitions and scale its platform and suite of products. The business combination has been unanimously approved by the leadership team of Bitcoin Depot and the Board of Directors of GSRM and is expected to close by the first quarter of 2023, subject to regulatory and stockholder approvals, and other customary closing conditions.
AMRC

Hot Stocks

07:14 EDT Ameresco joint venture awarded microgrid system installation contract - HSGS-Ameresco, a joint venture certified as a Service-Disabled Veteran Owned Small Business, or SDVOSB, by the Small Business Administration and the Department of Veterans Affairs, or VA, announced that it has been awarded a contract to install a microgrid system at the White Sands Missile Range, or WSMR, the Department of Defense's largest open-air military test facility in New Mexico. The new microgrid system is for several of the base's potable water wells and is designed to include a new 700kW solar photovoltaic array, a 500kW natural gas generator and a 500kW battery energy storage system. The system is designed to provide 14 days of power to energize the water wells in the event of a power outage, supporting critical missions at the Army Research Lab, Material Test Directorate, fire department, and a Fort Bliss power projection platform. The scope of the project also features updated electrical panels, transformers and controls; a fiber optic communication line, a fire alarm system, meters, cyber security measures, anti-terrorism measures and security fencing, among others. HSGS-Ameresco will provide all supervision, labor, materials, equipment, supplies and transportation necessary to perform the microgrid project. Construction is set to begin in December 2022 and is expected to reach completion by late 2023.
BURL

Hot Stocks

07:13 EDT Burlington Stores drops 12% to $143.01 after cutting FY22 outlook
PTON

Hot Stocks

07:11 EDT Peloton reports 6.9M members in Q4 - Reports ending connected fitness subscriptions 2.966M.
AMPY

Hot Stocks

07:10 EDT Amplify Energy reaches settlement terms in California pipeline civil litigation - Amplify Energy announced that it has reached an agreement in principle with plaintiffs in the class action to resolve all civil claims against Amplify and its subsidiaries. The settlement will be funded under the Company's insurance policies, and the final agreement will be subject to court approval. Martyn Willsher, Amplify's President and Chief Executive Officer, commented, "We are pleased to have reached an agreement in principle regarding the civil litigation resulting from the Southern California Pipeline Incident last October. Although we are unable to provide additional detail at this time, we negotiated in good faith and believe we have come to a reasonable and fair resolution. We will continue to vigorously pursue our substantial claims for damages against the ships that struck our pipeline, and the Marine Exchange of Southern California that failed to notify us of the anchor strikes."
ACB

Hot Stocks

07:10 EDT Aurora Cannabis acquires controlling interest in Bevo Farms - Aurora Cannabis announce that a wholly-owned subsidiary of the company has acquired a controlling interest in Bevo Agtech, the sole parent of Bevo Farms, a supplier of propagated vegetables and ornamental plants in North America. Concurrent with closing of the Bevo Transaction, Bevo entered into an agreement to acquire the company's Aurora Sky facility in Edmonton, Alberta through the acquisition of one of Aurora's wholly-owned subsidiaries. Aurora, through its wholly-owned subsidiary, will acquire 50.1% of Bevo's outstanding common shares, take a controlling position on Bevo's board of directors and financially consolidate Bevo. Bevo's experienced management team are to remain significant shareholders and stay in place to embark on a growth plan, including the use of the Aurora Sky facility for orchid cultivation and vegetable propagation. Founded in 1986, Bevo operates 63 acres of greenhouse in British Columbia, Canada; is led by a management team with over 85 years of agricultural experience, and supplies greenhouses, nurseries, field farms and wholesalers. For FY22, Bevo has achieved revenues of $39M and Adjusted EBITDA of $9M. Total cash consideration paid by a subsidiary of Aurora on closing was approximately $45M. Up to an additional $12M shall be payable by a subsidiary of Aurora to the Bevo Selling Shareholders over the three years following closing of the Bevo Transaction, conditional on Bevo successfully achieving certain financial milestones at its Site One facility in Langley, which additional amounts may be satisfied, at Aurora's option, through the issuance of Aurora common shares. Up to $25M could be payable over time by Bevo to Aurora in connection with the Aurora Sky Transaction, based on Bevo successfully achieving certain financial milestones at the Aurora Sky Facility. Closing of the Aurora Sky Transaction is conditional upon receipt of certain third-party consents.
LMNL

Hot Stocks

07:09 EDT Liminal BioSciences announces termination of legacy CDMO contract - Liminal BioSciences announced that, effective immediately, its long-term legacy Master Services Agreement, entered into in May 2015 as amended, relating to its previously owned plasma-derived therapeutics business, was terminated by mutual agreement between the parties. The company had previously sent an early five-year termination notice to terminate the CDMO Agreement in August 2021. The CDMO Agreement included a minimum purchase commitment of $9 million per year for the remainder of the contract. This termination of the CDMO Agreement is part of the company's previously disclosed objective to streamline its business, divest its non-core assets and eliminate contracts associated with its previously owned plasma-derived therapeutics business. The Termination Agreement results in the termination of the CDMO Agreement effective immediately, and all obligations of the Company associated therewith, including any annual minimum purchase commitments. Under the terms of the Termination Agreement, Liminal BioSciences will pay a total of $18 million, of which $11.2 million was paid upon execution of the Termination Agreement and covers past sums due to the date of termination. The company will make two further payments of which $3.4 million will be payable in the first quarter of 2023 and the remaining $3.4 million will be payable in the first quarter of 2024. The Termination Agreement contains customary releases. "We are very pleased to have reached this agreement, which results in anticipated cash savings of approximately $33.1 million, and significantly reduces the last of our financial commitments relating to our previously owned plasma-derived therapeutics business", stated Bruce Pritchard, CEO of Liminal BioSciences.
GLS

Hot Stocks

07:07 EDT Gelesis: LIGHT-UP study suggests oral hydrogel may improve metabolic syndrome - Gelesis Holdings released a poster presentation at the International Congress of Endocrinology in Singapore. The LIGHT-UP study evaluated the safety and efficacy of GS200, an investigational oral hydrogel, which was designed to emulate the properties of ingested raw vegetables, with slightly different mechanical properties compared to Plenity.GS200 hydrogel in the gastrointestinal tract. The LIGHT-UP study was conducted over 25 weeks in 254 participants with prediabetes or type 2 diabetes and a BMI of 27-40 kg/m2. It met its primary endpoints and GS200 reported a highly favorable categorial weight loss response and tolerability in a population that often struggles to lose weight and is at high risk for obesity-related complications. One out of three GS200-treated adults were "super responders," losing at least 10% of their body weight and on average losing 13% or 7 inches off their waist circumference in only 25 weeks..."These reductions in mealtime insulin release were statistically significant even after controlling for changes in weight loss between GS200 and placebo, indicating that the observed improvements are independent of weight loss, suggesting additional mechanisms involved in the metabolic effects of the oral hydrogel technology," said Elaine Chiquette, Gelesis Chief Scientific Officer. "These are exciting results, and we continue to investigate how GS200 affects insulin response and weight loss in people with prediabetes and type 2 diabetes."
PTON

Hot Stocks

07:06 EDT Peloton downsizes employee base by roughly 760 team members - CEO Barry McCarthy said, "From a supply chain perspective, Q4 was primarily focused on two goals - reducing our inventory commitments, which posed an existential threat to the business, and outsourcing all manufacturing for connected fitness hardware. Both goals were achieved, and as part of this restructuring, we shut down our owned manufacturing activities in Taiwan. Subsequently, in early August, we announced the rightsizing and outsourcing of roughly half of our Member Support resources and the complete shift to third party providers for last mile delivery in the U.S. and a partial shift internationally. This further simplification of our Supply Chain and Member Support organizations will result in a downsizing of our employee base by roughly 760 team members. These were difficult decisions, because we're talking about people's livelihoods. However, these are important steps on our comeback journey and should reduce expenses annually by approximately $45 million. The overall goal is to reduce the cost of our per-product final mile delivery costs by up to 50% with a CSAT score of 4.8 on a 5-point scale. Additionally, you can expect us to continue to rationalize our cost structure in order to bring overall spending in line with the revenue run rate of the business."
ASLN

Hot Stocks

07:05 EDT Aslan Pharmaceuticals licenses belleStudy image capture software for trials - Aslan Pharmaceuticals has licensed BelleTorus' (Belle.ai) belleStudy digital image capture software in support of Aslan's clinical trials for atopic dermatitis across several global sites. Aslan will make the image capture software component of belleStudy available to all investigators of TREK-AD, its ongoing global phase 2b trial of eblasakimab, expected to generate topline data in the first half of 2023. The belleStudy image capture software on a smartphone camera guides clinical investigators to capture photos of AD before being uploaded to a cloud.
HYLN

Hot Stocks

07:05 EDT Hyliion Holdings to acquire KARNO from GE Additive for $37M in cash, stock - Hyliion Holdings (HYLN) announced it has entered into a definitive agreement to acquire a new hydrogen and fuel agnostic capable generator, or KARNO, from GE Additive, part of GE (GE). The KARNO generator emerged out of GE's long-running R&D investments in metal additive manufacturing across multiple industries and in areas such as generator thermal and performance design. Initial testing indicates the KARNO generator is expected to comply with all current and foreseeable emissions standards, specifically from CARB and EPA, even when utilizing conventional fuels. The transaction is subject to customary closing conditions and is expected to close by the end of Q3. With an acquisition value of $37M, GE will receive $15M in cash and approximately $22M in Hyliion stock. Hyliion will acquire the generator technology and integrate the Cincinnati-based engineering team that created the KARNO system into Hyliion.
GLT

Hot Stocks

07:02 EDT Glatfelter announces CEO transition - Glatfelter announced that Thomas Fahnemann has been appointed to the role of President and CEO, effective immediately. He replaces the company's current Chairman and Chief CEO, Dante Parrini, who will be leaving the company following a 25-year career. In addition, the Board has appointed Kevin Fogarty, currently an independent Glatfelter Board Director and Chairman of the Nominating and Corporate Governance Committee, to the role of Non-Executive Chairman. These changes are not related to Glatfelter's operations, financial reporting or controls, or personal conduct. Fahnemann currently serves as Non-Executive Director, Member of the Board and Chairman of the Audit Committee for AustroCel Hallein, Amsterdam, the Netherlands. From 2010 to 2017, Fahnemann served as CEO and Chairman of the Management Board, Semperit Holding AG in Vienna, Austria. Prior to 2010, he held leadership roles in various fiber- and chemical-based businesses including serving as CEO and Chairman of the Management Board, RHI AG; CEO and Chairman of the Management Board, Lenzing AG; and Vice President, General Manager, KoSa - Koch Industries -. Fahnemann will be based at Glatfelter's corporate headquarters in Charlotte, North Carolina.
BURL

Hot Stocks

06:55 EDT Burlington Stores reports merchandise inventories $1.267B vs. $828M a year ago - Representing a 53% increase, while comparable store inventories decreased 5%. Reserve inventory was 52% of total inventory at the end of the second quarter of Fiscal 2022 compared to 31% at the end of the second quarter of Fiscal 2021. Reserve inventory is largely composed of merchandise that is purchased opportunistically and that will be sent to stores in future months or next season.
PFE

Hot Stocks

06:54 EDT Pfize's vaccine candidate in RSV shows 85.7% efficacy in Phase 3 trial - Pfizer announced positive top-line data from the Phase 3 clinical trial RENOIR - RSV vaccine Efficacy study iN Older adults Immunized against RSV disease - investigating its bivalent RSV prefusion F vaccine candidate, RSVpreF, when administered to adults 60 years of age or older. The bivalent vaccine candidate is composed of two preF proteins selected to optimize protection against RSV A and B strains. Respiratory Syncytial Virus, or RSV, disease is characterized by several respiratory symptoms varying from mild to more severe disease, with more severe disease having more symptoms. A pre-planned, interim analysis of Pfizer's RSVpreF efficacy demonstrated vaccine efficacy: 66.7%. This positive result enabled Pfizer to look at the more severe disease primary endpoint of LRTI-RSV defined by three or more symptoms, where vaccine efficacy of 85.7% was observed. The investigational vaccine was well-tolerated, with no safety concerns. Based on these results, Pfizer plans to submit a Biologics License Application to the FDA for RSVpreF and to prepare submissions for other regulatory authorities in the coming months.
BURL

Hot Stocks

06:54 EDT Burlington Stores reports Q2 gross margin 38.9% vs. 42.2% a year ago - Freight expense increased 110 basis points as a percentage of net sales and merchandise margins decreased 210 basis points. SG&A was 34.6% as a percentage of net sales vs. 31.7% in the second quarter of Fiscal 2021. Adjusted SG&A, as defined below, was 26.1% as a percentage of net sales vs. 24.9% in the second quarter of Fiscal 2021, an increase of 120 basis points.
SHEL

Hot Stocks

06:53 EDT Shell Energy to pay for overcharging price cap customers - In a press release, Britain's energy market regulator Ofgem said, "Shell Energy Retail Limited is to refund and compensate 11,275 prepayment customer accounts it has overcharged on its default tariffs. The total amount of customer detriment to be refunded is GBP 106,000. Refunds will be issued automatically to affected customers. In addition, the supplier will pay GBP 400,000 to Ofgem's voluntary consumer redress fund and GBP 30,970 in goodwill payments to affected customers, equating to a total payment of GBP 536,970. In March 2022, Shell Energy Retail Limited discovered that due to operational errors with the implementation of its default tariffs it had overcharged 11,275 prepayment customers for periods of time between January 2019 and September 2022. Tariff updates were sent to prepayment meters to amend rates in response to changes in the level of the price cap, but due to a variety of operational issues, not all meters were successfully updated to the revised rates. The result of this issue was that over 11,000 prepayment customers paid above the rates allowed under the price cap at the time. The average amount being refunded to affected customers is GBP 9.40."
BURL

Hot Stocks

06:53 EDT Burlington Stores CEO sees recovery in sales, margins in 2023 - Michael O'Sullivan, CEO, stated, "Our 17% comp sales decline for the quarter came in below our guidance of down 15% to down 13%. There were two major external factors that contributed to this weak trend - firstly, lower-to-moderate income shoppers continue to face tremendous economic pressure driven by the higher cost of living, and secondly, a massive overhang of inventory across the retail industry has driven a huge surge in promotional activity at other retailers." O'Sullivan continued, "We managed liquidity, inventory levels, and expenses tightly during the quarter and this meant that despite the external headwinds and the weak sales trend we were able to achieve earnings that were ahead of our guidance range. That said, we believe that the external factors - economic pressure on lower-to-moderate income shoppers, and very high levels of promotional activity - will continue well into the second half of the year. Accordingly, we are taking down our full year sales and earnings outlook." O'Sullivan concluded, "Although we believe that the current macro-headwinds will continue into the back-half of the year, we recognize that they are temporary. As we look further out, into 2023, we expect a recovery in sales and margins as inflation moderates, spending by low-income customers picks up, external promotional activity normalizes, other shoppers trade down to off-price looking for value, and expense pressures ease."
DG

Hot Stocks

06:42 EDT Dollar General promotes John Garratt to President and CFO - Dollar General announced the promotion of John Garratt to President and CFO, effective September 1. Garratt will retain his role as CFO, which includes oversight of the company's finance, accounting, strategy and procurement functions. As President, Garratt will add responsibilities for the company's strategic initiative relating to healthcare and its international expansion to Mexico. Garratt joined Dollar General in 2014 as senior vice president of finance and strategy and has served as executive vice president and CFO since December 2015.
TFX

Hot Stocks

06:41 EDT Teleflex announces collaboration with FundamentalVR - Teleflex announced a new agreement with FundamentalVR, a reality integration company for medical simulation. The agreement will provide Teleflex with a VR training platform to accelerate the effective use of the company's UroLift 2 System, an innovative technology for treatment of benign prostatic hyperplasia, commonly known as enlarged prostate. The VR training platform integrates tactile feedback and a digital representation of the UroLift 2 System to provide urologists with a "hands-on" VR experience that can accelerate their learning.
DG

Hot Stocks

06:39 EDT Dollar General reports Q2 merchandise inventories $6.9B vs. $5.3B a year ago - As of July 29, 2022, total merchandise inventories, at cost, were $6.9B compared to $5.3B as of July 30, 2021, an increase of 25.1% on a per-store basis. This increase primarily reflects the impact of product cost inflation, and a greater mix of higher-value products, particularly in the Home and Seasonal categories as a result of the continued rollout of the company's non-consumables initiative.
MIXT TRMB

Hot Stocks

06:36 EDT MiX Telematics to acquire Trimble Field Service Management business - MiX Telematics (MIXT) announced that the company has signed a definitive agreement to acquire Trimble's Field Service Management's (TRMB) business. The acquisition is subject to customary closing conditions. FSM will add more than 40 000 subscribers to MiX's subscriber base. The acquisition will be immediately accretive to MiX. Trimble's FSM business has been reported as part of the Trimble Transportation segment. The sale will not have a material financial impact on the segment or Trimble's overall financial results.
DG

Hot Stocks

06:34 EDT Dollar General raises share repurchase authorization by $2B - In the second quarter of 2022, the company repurchased $349 million of its common stock, or 1.5 million shares, at an average price of $233.36 per share, under its share repurchase program. The total remaining authorization for future repurchases was $1.0 billion at the end of the second quarter of 2022. On August 24, 2022, the company's Board of Directors increased the authorization under the share repurchase program by $2.0 billion. Under the authorization, repurchases may be made from time to time in open market transactions, including pursuant to trading plans adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, or in privately negotiated transactions. The timing, manner and number of shares repurchased will depend on a variety of factors, including price, market conditions, compliance with the covenants and restrictions under the Company's debt agreements and other factors. The authorization has no expiration date.
SEEL

Hot Stocks

06:31 EDT Seelos Therapeutics announces grant from Michael J. Fox Foundation for SLS-004 - Seelos Therapeutics yesterday announced it was selected to receive a grant from The Michael J. Fox Foundation for Parkinson's Research to advance preclinical research and development of its gene therapy delivered SLS-004 program. "The selection of SLS-004 to receive grant funding from The Michael J. Fox Foundation is a strong validation of our program and should significantly raise the profile of our program. We look forward to sharing additional data from our ongoing preclinical studies later this year," said Raj Mehra, Ph.D., Chairman and CEO of Seelos.
AZN

Hot Stocks

06:23 EDT AstraZeneca's Ultomiris approved in Japan for treatment of gMG - The company states: "Ultomiris, ravulizumab, has been approved in Japan for the treatment of adult patients with generalised myasthenia gravis, or gMG, who are anti-acetylcholine receptor antibody-positive and whose symptoms are difficult to control with high-dose intravenous immunoglobulin therapy or plasmaphaeresis. Japan's Pharmaceuticals and Medical Devices Agency also indicated that Ultomiris can be considered for patients who cannot receive high-dose IVIg or plasmaphaeresis due to complications, adverse reactions or other limiting factors. The approval of the first and only long-acting C5 complement inhibitor by the Japanese Ministry of Health, Labour and Welfare was based on positive results from the CHAMPION-MG Phase III trial, which showed Ultomiris was superior to placebo in the primary endpoint of change from baseline in the Myasthenia Gravis-Activities of Daily Living Profile total score at Week 26, a patient-reported scale that assesses patients' abilities to perform daily activities. Additionally, in prolonged follow-up results from the open-label extension, clinical benefit of Ultomiris was observed through 60 weeks." Reference Link
AZN

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06:16 EDT AstraZeneca's Tagrisso approved in Japan in post-surgery NSCLC treatment - AstraZeneca's Tagrisso, osimertinib, has been approved in Japan for the adjuvant treatment of patients with epidermal growth factor receptor-mutated non-small cell lung cancer, or NSCLC, after surgery. This approval by the Japanese Ministry of Health, Labour and Welfare was based on positive results from the global ADAURA Phase III trial. Masahiro Tsuboi, MD, PhD, Chief and Director, Department of Thoracic Surgery & Oncology, National Cancer Center Hospital East, Japan, and principal investigator in the ADAURA trial, said: "Osimertinib was first approved in Japan over six years ago and it has since played a critical role in our treatment of patients with lung cancer, particularly given the high prevalence of EGFR mutations among Japanese patients. This approval of osimertinib for early-stage lung cancer means these patients will now have, for the first time, a targeted therapy option available earlier in their treatment journey, after surgery and chemotherapy as indicated." Reference Link
AZN MRK

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06:13 EDT AstraZeneca and Merck's Lynparza approved in Japan for HER2 cancer treatment - AstraZeneca (AZN) and MSD's (MRK) Lynparza, or olaparib, has been approved in Japan for the adjuvant treatment of patients with BRCA-mutated, HER2-negative early breast cancer at high risk of recurrence. This approval by the Japanese Ministry of Health, Labour, and Welfare was based on results from the OlympiA Phase III trial published in The New England Journal of Medicine in June 2021.1 In the trial, Lynparza demonstrated a statistically significant and clinically meaningful improvement in invasive disease-free survival, reducing the risk of invasive breast cancer recurrences, new cancers, or death by 42% versus placebo. Lynparza also demonstrated a statistically significant and clinically meaningful improvement in overall survival, reducing the risk of death by 32% versus placebo. The safety and tolerability profile of Lynparza in this trial was in line with that observed in prior clinical trials. Reference Link
SONY

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06:12 EDT Sony announces PS5 price increase in some markets - The company said, "The global economic environment is a challenge that many of you around the world are no doubt experiencing. We're seeing high global inflation rates, as well as adverse currency trends, impacting consumers and creating pressure on many industries. Based on these challenging economic conditions, SIE has made the difficult decision to increase the recommended retail price (RRP) of PlayStation 5 in select markets across Europe, Middle East, and Africa (EMEA), Asia-Pacific (APAC), Latin America (LATAM), as well as Canada. There will be no price increase in the United States. The new RRPs below are effective immediately unless otherwise noted." In Europe PS5 with Ultra HD Blu-ray disc drive will be EUR 549.99 and PS5 Digital Edition will be EUR 449.99, In the UK PS5 with Ultra HD Blu-ray disc drive will be GBP 479.99 and PS5 Digital Edition will be GBP 389.99. In Japan, effective September 15, PS5 with Ultra HD Blu-ray disc drive will be 60,478 yen and PS5 Digital Edition will be 49,478 yen. In China PS5 with Ultra HD Blu-ray disc drive will be 4,299 yuan and PS5 Digital Edition will be 3,499 yuan. In Australia PS5 with Ultra HD Blu-ray disc drive will be AUD $799.95 and PS5 Digital Edition will be AUD $649.95. In Mexico PS5 with Ultra HD Blu-ray disc drive will be MXN $14,999 and PS5 Digital Edition will be MXN $12,499. In Canada PS5 with Ultra HD Blu-ray disc drive will be CAD $649.99 and PS5 Digital Edition will be CAD $519.99. The company said, "While this price increase is a necessity given the current global economic environment and its impact on SIE's business, our top priority continues to be improving the PS5 supply situation so that as many players as possible can experience everything that PS5 offers and what's still to come." Reference Link
AMZN...

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06:11 EDT Teladoc, Amwell rise after Amazon says will shut down Amazon Care - Amazon (AMZN) told employees in an email on Wednesday that it is shutting down Amazon Care, which offers virtual visits nationwide and was planning to have in-person primary and urgent health care services in 20 cities this year, according to The New York Times' Karen Weise. "Although our enrolled members have loved many aspects of Amazon Care, it is not a complete enough offering for the large enterprise customers we have been targeting, and wasn't going to work long-term," Neil Lindsay, the senior vice president of Amazon Health Services, is quoted as having said in an email to employees that was shared with The New York Times. Shares of Teladoc Health (TDOC) are up $1.53, or 5%, to $35.19 in pre-market trading following the news while shares of Amwell (AMWL) are up roughly 5% to $4.63 as well. Reference Link
HBM

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06:02 EDT Hudbay Minerals signs exploration agreements for two properties in Peru - Hudbay Minerals announced the Uchucarcco community has formally approved an exploration agreement with Hudbay granting surface rights to the Maria Reyna and Caballito satellite properties located near Hudbay's Constancia mine in Peru. These satellite properties consist of a large, contiguous block of mineral rights held by Hudbay and have the potential to host mineral deposits within trucking distance of the Constancia processing facilities. The company expects to commence early field exploration activities in August and finalization of the Uchucarcco agreement is anticipated to increase community investment costs in the second half of 2022. Hudbay's planned exploration programs at Maria Reyna and Caballito have been prepared using information from the company's geophysics surveys in the region and the historical drill intersections at Maria Reyna.
NYC

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06:01 EDT New York City REIT announces new 20,000 square foot lease - New York City REIT announced that it has executed a new lease with an existing subtenant to retain and expand their current office space at 1140 Avenue of the Americas in NYC's pure-play New York City portfolio. The lease with Edgewood Partners Insurance Center expands their presence at 1140 Avenue of the Americas and features 10.5 years of lease term.
SVM

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05:23 EDT Silvercorp Metals announces normal course issuer bid for up to 7.08M shares - Silvercorp Metals announced a normal course issuer bid, or NCIB, commencing August 29 to acquire up to 7,079,407 of its own common shares, representing approximately 4% the 176,985,184 common shares issued and outstanding as of August 16. The repurchase program will expire August 28, 2023. Silvercorp feels that the company's shares are currently undervalued by the market, and if such undervaluation continues, the NCIB will enhance value for Silvercorp's shareholders by reducing the number of outstanding shares. The NCIB is being implemented to provide enhanced flexibility should market conditions continue to result in Silvercorp's shares being undervalued relative to the value of its mining operations, together with approximately $363M in corporate assets comprised of cash and cash equivalents and short-term investments of $215.8M, plus investments in associates and other companies having a total market value of $147.4M, both as at June 30. The maximum number of shares that may be purchased on the TSX during any trading day may not exceed 98,277 common shares of the company, which is 25% of the average daily trading volume on the TSX based on the previous six completed calendar months of 393,110. This limit, for which there are permitted exceptions, is determined in accordance with TSX regulatory requirements and does not apply to purchases made by the company on the alternative trading systems in the United States.
JHX

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05:20 EDT James Hardie announces collaboration with Chip and Joanna Gaines - James Hardie and Chip and Joanna Gaines, founders of Magnolia, announced a collaboration launching immediately with an exclusive collection of Hardie siding and accessories: The Magnolia Home James Hardie Collection.
BIDU

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05:10 EDT Baidu announces first integrated superconducting quantum computer - Baidu announced its first superconducting quantum computer that fully integrates hardware, software, and applications. On top of this, Baidu also introduced the world's first all-platform quantum hardware-software integration solution that provides access to various quantum chips via mobile app, PC, and cloud. Launched at Quantum Create 2022, a quantum developer conference held in Beijing, this new offering paves the way for the industrialization of quantum computing.
NVS

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04:55 EDT Novartis announces intention to spin-off biosimilars division Sandoz - Novartis announced its intention to separate Sandoz, its generics and biosimilars division into a new publicly traded standalone company, by way of a 100% spin-off. "The spin-off aims to maximize shareholder value by creating the #1 European generics company and a global leader in biosimilars, allowing Novartis shareholders to participate fully in the potential future upside for both Sandoz and Novartis Innovative Medicines," the company said in a statement. The standalone Sandoz would be headquartered in Switzerland and listed on the SIX Swiss Exchange, with an American Depositary Receipt program in the U.S. Completion of the proposed spin-off is subject to satisfaction of certain conditions.