Stockwinners Market Radar for August 30, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

PFX

Hot Stocks

20:30 EDT Phoenix Companies CEO buys $164K in common stock - In a regulatory filing, Phoenix Companies disclosed that its CEO David Lorber bought 4.3K shares of common stock on August 26th in a total transaction size of $164K.
MOS

Hot Stocks

19:53 EDT Mosaic reports July Potash revenue $391M vs. $191M y/y - Reports July Phosphates revenue $295M vs. $407M y/y and Mosaic Fertilizantes revenue $848M vs. $585M y/y
FCPT

Hot Stocks

18:37 EDT Four Corners Property Trust acquires National Tire and Battery for $2.8M - Four Corners Property Trust "announces the acquisition of two National Tire and Battery properties for $2.8M. The properties are located in strong retail corridors in North Carolina and are corporate-operated under triple net leases with a weighted average seven years of term remaining and annual CPI-adjusted rent increases. The transaction was priced at a 6.1% cap rate on actual rent as of the closing date, exclusive of transaction costs."
HPQ

Hot Stocks

18:26 EDT HP Inc. CEO: Supply chain situation is 'getting closer to normal' - In an interview on CNBC's Mad Money, Enrique Lores said Q3 revenue was impacted by a slowdown of consumer demand which he believes is temporary. He noted that customers are being careful with hiring and overall staffing levels. Lores continues to believe HP shares are a good investment. He added that the company is in a much better situation now than a year ago regarding the supply chain, and it is slowly getting back to normal. HP continues to have strong margins on the print side, he added, and it's doing a very good job managing prices.
KDP

Hot Stocks

17:56 EDT Keurig Dr Pepper exec buys $503.5K in common stock - In a regulatory filing, Keurig Dr Pepper disclosed that its Chief Supply Chain Officer Maurice Milikin bought 13K shares of common stock on August 29th in a total transaction size of $503.5K.
NBEV

Hot Stocks

17:45 EDT New Age Beverages trading resumes
FCX

Hot Stocks

17:37 EDT Freeport-McMoRan director Lance buys 31,000 common shares - In a regulatory filing, Freeport-McMoRan director Ryan Michael Lance disclosed the purchase of 31,000 common shares of the company on August 29 at a price of $31.8811 per share.
BA

Hot Stocks

17:35 EDT Boeing awarded $5.02B Missile Defense Agency contract - Boeing was awarded an indefinite-delivery/indefinite-quantity contract with a maximum dollar amount of $5.02B. Under this new contract, the system integration, test, and readiness contractor is responsible for overall Ground-Based Midcourse Defense Element engineering, integration including physical and logical integration of the GMD Element and components and GMD integration with the Missile Defense System; and planning, and execution of all necessary testing to verify overall requirements compliance. In addition, SITR is responsible for day-to-day systems operations and readiness, performs routine maintenance functions, performs analysis related to GMD Element health and availability, and executes failure/fault checklists, as appropriate. A task order in the amount of $506.67M is being issued at this time. The work will be performed primarily in Huntsville, Alabama. The ordering period is from September 1 through August 31, 2027. This contract was competitively procured via publication on the government-wide Point of Entry website with three proposals received. FY22 research, development, test and evaluation funds in the amount of $4.55M are being obligated on this award. The Missile Defense Agency is the contracting activity.
DWAC

Hot Stocks

17:32 EDT Digital World Acquisition urges shareholders to vote for extension amendment - Digital World Acquisition Corp. announced that it will be expanding its media reach by posting public announcements relating to its upcoming special meeting of stockholders and other company developments on TruthSocial, the platform of Trump Media & Technology Group Corp., and Reddit, to make it easier for its stockholders to access news about Digital World. At the Special Meeting, Digital World stockholders will be asked for approval to further amend the company's amended and restated certificate of incorporation to extend the period of time for completing a business combination up to four times, each by an additional three months, for an aggregate of 12 additional months or such earlier date as determined by the company's Board of Directors. Patrick Orlando, CEO of Digital World, stated, "This is an important opportunity for stockholders to have their vote heard and counted. I believe we have some of the most passionate stockholders of any public company and am excited to see how many not only hold DWAC shares but will make the effort to vote and have their vote counted. DWAC continues to believe that TMTG, our proposed business combination target, holds wonderful potential for our investors. DWAC will have more time to complete a merger if DWAC stockholders vote "FOR" this Extension. We strongly feel the Extension is the right action for our stockholders, to provide more time to close a business combination."
RTX

Hot Stocks

17:32 EDT Raytheon Technologies awarded $972.18M Air Force contract modification - Raytheon has been awarded a $972.18M non-competitive, firm-fixed-price incentive modification to a previously awarded contract for Advanced Medium Range Air-to-Air Missile, or AMRAAM, Production Lot 36. The modification provides for the exercise of the pre-priced options for Lot 36 production of AMRAAM missiles, AMRAAM Telemetry System, or ATS, initial and field spares, and other production engineering support hardware and activities. Work is expected to be completed by August 30, 2025. This contract involves Foreign Military Sales to Australia, Bahrain, Bulgaria, Canada, Denmark, Finland, Hungary, Italy, Japan, Korea, Netherlands, Norway, Qatar, Saudi Arabia, Singapore, Slovakia, Spain, Switzerland, and the United Kingdom, which accounts for 42% of the contract value. Air Force Life Cycle Management Center is the contracting activity.
CACI

Hot Stocks

17:30 EDT CACI awarded $5.71B Air Force BPA - CACI has been awarded a $5.71B blanket purchase agreement, or BPA, for Enterprise Information Technology as a Service, or EITaaS, Wave 1. This BPA provides enterprise IT services. CACI NSS is the contractor team arrangement team lead and will provide EITaaS Wave 1 services with CTA members. Work will predominantly be performed in Chantilly, Virginia, with additional locations depending on individual BPA order requirements, and is expected to be completed by Aug. 29, 2032. This award is the result of a competitive acquisition with four quotations received. FY22 operations and maintenance funds in the amount of $16.02M are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
CHWY

Hot Stocks

17:29 EDT Chewy sees FY22 adjusted EBITDA margin 1.75%-2% - Sees FY22 gross margin expansion of 30-50 basis points from last year. Says business model produces sticky customers. Says will keep adding capacity to Chewy Freight Services program. Says pleased with the initial customer response to its bespoke insurance and standalone wellness plans. Says benefits from automation continue to expand across the network and pace of realizing benefits continues to accelerate. Says some costs will catch up to price increases in Q3. Says expects advertising and marketing to continue to be 5%-7% of net sales. Comments and guidance taken from Q2 earnings conference call.
PVH

Hot Stocks

17:24 EDT PVH Corp. to reduce people costs in global offices by about 10% by end of 2023 - In line with the fifth growth driver of the PVH+ Plan - drive efficiencies and invest in growth - the company is taking steps to streamline its organization and simplify its ways of working. The company plans to reduce people costs in its global offices by approximately 10% by the end of 2023 to drive efficiencies and enable continued strategic investments to fuel growth, including in digital, supply chain and consumer engagement. The company expects these reductions will generate annual cost savings of over $100M, net of continued strategic people investments.
NBEV

Hot Stocks

17:23 EDT NewAge to resume trading at 17:45ET
NBEV

Hot Stocks

17:18 EDT NewAge files for Chapter 11 Bankruptcy - NewAge announced that on August 30, the company and certain of its subsidiaries, Ariix LLC, Morinda Holdings, Inc., and Morinda, Inc., each filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware, thereby commencing Chapter 11 cases to facilitate a value-maximizing sale process. The company has determined that the Chapter 11 process is the most expeditious way to pursue a strategic transaction and protect and preserve value for all stakeholders. The company, with the help of its advisors, has secured a commitment for a "debtor in possession" financing facility of $16M, subject to court approval. This capital, together with revenue generated from ongoing operations, will provide liquidity to support the company through the sale process. The company also is filing a motion to obtain court approval of an asset purchase agreement with a "stalking horse" bidder, DIP Financing, LLC. The company intends to pursue a sale of substantially all its assets as a going concern in one or more transactions. This transaction is subject to court approval and any higher or better offers as part of the company's ongoing auction process. The Debtors' management team will continue to operate the business as "debtors in possession" under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. The Debtors are seeking approval of a variety of "first day" motions containing customary relief intended to enable the company and its subsidiaries to continue operations in the ordinary course. The Debtors intend to pay vendors and partners under customary terms for goods and services received on or after the filing date and to pay employees in the usual manner and continue their primary benefits without disruption. The Debtors expect to receive court approval for all of these routine requests.
PRVA

Hot Stocks

17:16 EDT Privia Health reports results in CMS' Medicare shared savings program - The company states: "Privia Health Group announced that its Accountable Care Organizations delivered quality care and improved patient outcomes, and achieved shared savings of $99.9M through the Medicare Shared Savings Program. Privia's ACOs provided high-value, cost-efficient care to more than 112,000 Medicare beneficiaries in 2021. For the 2021 performance year, Privia Quality Network included physicians and advanced practitioners in Georgia, Maryland, Texas, Virginia and Washington, DC. Since 2014, Privia Quality Network has delivered total shared savings across government programs and commercial payers of more than $740M, including more than $380M through participation in the MSSP."
GIB CIXX

Hot Stocks

17:03 EDT CGI Inc., CI Financial enter long-term digital partnership - CGI (GIB) and CI Financial (CIXX) have entered into a long-term strategic partnership under which CGI will transform CI's investment fund transfer agency operations into a platform with enhanced capabilities. CGI will assume responsibility for managing CI's proprietary transfer agency, or TA, platform, modernize it and deliver it to CI in a holistic software-as-a-service based platform. CGI will also manage CI's mutual fund unitholder record-keeping and client service operations, applying a blend of advanced technology and experienced operational expertise. As part of the partnership, CGI will welcome to its team new members from CI's IT, operations and client services groups, who will continue to support CI's business at CGI.
AQN...

Hot Stocks

17:03 EDT Algonquin Power appoints Darren Myers as CFO - Algonquin Power & Utilities (AQN) announced that it has appointed Darren Myers CFO. This follows the decision of Arthur Kacprzak to step down from this role effective immediately. Mr. Kacprzak has agreed to remain with the Company in an advisory capacity through the end of 2022 to support a smooth transition to his successor. Myers most recently served as Executive Vice President and CFO at Loblaw (L), Canada's largest retail company. During his tenure, he improved capital discipline, elevated the performance management system, and balanced long-term investments and earnings growth while the Company navigated challenges with market disruption and the COVID-19 pandemic. Prior to Loblaw, Myers spent 16 years at Celestica (CLS), a global supply chain and manufacturing company. He was the Executive Vice President and CFO from 2012 to 2017 including responsibility for Global Business Services and IT. As CFO, he helped the company shift its strategy to grow in new markets, drive operational execution and generate cash flow and reduce debt.
BHP...

Hot Stocks

17:02 EDT BHP, Caterpillar, Finning agree to replace BHP haul truck fleet at Escondida - BHP Group (BHP) (BHP), Caterpillar (CAT), and Finning International (FINGF) "announced an agreement to replace BHP's entire haul truck fleet at the Escondida mine, the world's largest copper producer, located in the Antofagasta Region, northern Chile. This agreement is part of the strategic equipment renewal process developed by Escondida. The new Caterpillar 798 AC electric drive trucks will feature technology that delivers significant improvements in material-moving capacity, efficiency, reliability, and safety and generate a positive impact in key initiatives for the future, such as decarbonization, diversity and inclusion, autonomous technologies, and the development of local capabilities. The first trucks are expected to arrive at the mine in the second half of 2023, with delivery of the remaining trucks to extend over the next 10 years as the three companies work to replace one of the largest fleets in the industry worldwide, currently comprised of over 160 haul trucks. Maintenance and support services provided under the agreement advance BHP's local employment and gender balance strategies. Finning's Integrated Knowledge Center, located in Antofagasta, will provide top of the line industry technical support for the fleet."
ASH

Hot Stocks

17:01 EDT Ashland announces expansion of Viatel manufacturing in Ireland - Ashland has announced a strategically significant expansion of its Viatel bioresorbable polymer manufacturing and research and development site at the National Science Park, home to a network of innovative organizations, in Mullingar, Ireland. "Doubling both our footprint, which includes manufacturing and laboratory space, and the headcount of this facility allows us to deliver cutting-edge polymer chemistry by increasing scope, capacity, and capabilities, and to respond to growing customer needs with greater speed," said Sean McMahon, Ph.D., business manager, Viatel bioresorbable polymers, Ashland. "Expansion of the facility in Ireland showcases our commitment to innovation in the long acting injectables space," said Ashok Kalyana, senior vice president and general manager, Life Sciences, Ashland. "We are actively helping our customers solve for performance attributes that will ultimately allow patients to take less medicine, fewer times." The capital expansion program commenced in June 2022 and is expected to complete in 2024.
DSS

Hot Stocks

16:46 EDT DSS receives not in compliance letter from NYSE - DSS announced it received a notice stating that the Company is not in compliance with the NYSE American's continued listing requirements under the timely filing criteria established in the NYSE American Company Guide. Under Section 1007 of the NYSE American Company Guide, the Company could be granted up to 12 months to cure the late filer deficiency. The initial six month period to regain compliance is automatic and the additional six months is only granted upon request by the Company and approval by the NYSE. The Company is working to resolve the issues that have led to the delay in its Form 10-Q filing in order to be able to file the Form 10-Q as soon as practicable.
INSW

Hot Stocks

16:44 EDT International Seaways Chairman Wheat sells over $617K in company shares - Chairman of International Seaways Douglas Wheat disclosed in a filing that he had sold 20,000 shares of company stock for $30.85 per share, on August 29, for a total transaction amount of $617,058.
CLMT

Hot Stocks

16:39 EDT Calumet Specialty Products CEO buys $125K in common stock - In a regulatory filing, Calumet Specialty Products disclosed that its CEO Louis Borgmann bought 7.1K shares of common stock on August 29th in a total transaction size of $125K.
POWW

Hot Stocks

16:33 EDT AMMO shareholder issues statement regarding board candidates - Steven Urvan, who owns approximately 17.1% of the outstanding common shares of AMMO, issued the following statement following its nomination of seven candidates for election to the company's board of directors at the 2022 annual meeting of shareholders: "We appreciate the positive feedback that has been proactively provided to us by our fellow shareholders. We also appreciate that the Company's August 29th press release invited 'all shareholders' to articulate their views and perspectives. Given the Company's finite resources and modest market capitalization, we hope leadership focuses on efficiently evaluating investor sentiment - not spending shareholders' precious capital on a defensive and reactionary campaign. Likewise, we urge leadership to avoid any action or transaction that dilutes shareholders ahead of the Annual Meeting. Please trust that the Urvan Group is committed to continuing to advocate for all shareholders' best interests and pursuing a value-enhancing transformation of AMMO in the public market."
JELD

Hot Stocks

16:32 EDT Jeld-Wen announces review of alternatives for its Australasia business - JELD-WEN Holding announced that it has initiated a comprehensive review of strategic alternatives for its Australasia business. The Australasia business is the leading Australian designer, manufacturer and distributor of windows and doors. It employs roughly 5,000 people and is comprised of 41 manufacturing locations across Australia, Malaysia and Indonesia. Its notable brands include Corinthian, Stegbar and Breezway, among many others. No assurances can be given regarding the outcome or timing of the review, but JELD-WEN plans to conduct this process expeditiously. The company does not intend to make any further comment unless and until it determines that further disclosure is material and appropriate for disclosure or as may be required by law. JELD-WEN has retained Macquarie Capital as financial advisor and Herbert Smith Freehills as legal advisor to assist with the strategic review of the Australasia business.
EYPT

Hot Stocks

16:32 EDT EyePoint gets subpoena from Mass. U.S. Attorney's Office on DEXYCU - On August 22, EyePoint Pharmaceuticals received an unsigned version of a subpoena from the U.S. Attorney's Office for the District of Massachusetts seeking production of documents related to sales, marketing and promotional practices, including as pertain to DEXYCU . The Company received a signed version of the subpoena on August 26. The Company intends to cooperate fully with the government in connection with this matter.
OSCR

Hot Stocks

16:29 EDT Oscar Health says Health First intends to terminate services agreement - According to a regulatory filing, on January 21, 2021, a subsidiary of Oscar Health, Inc. entered into a services agreement with Health First Shared Services, Inc., for itself and on behalf of certain of its Florida based health plan subsidiaries. Under the Agreement, the company agreed to perform certain administrative functions and services for HF and to provide HF's individual commercial and Medicare Advantage members with access to the company's technology platform. The HF arrangement is being serviced through the company's +Oscar business. HF has indicated that it intends to terminate the Agreement, and transition the services from +Oscar to HF, effective as early as January 1, 2023. The company expects +Oscar will continue to provide services to HF under the Agreement through at least December 31, 2022. Under the Agreement, the administrative services revenue is estimated to be approximately $55M to $60M, and is expected to have an immaterial impact on the company's Adjusted EBITDA and net loss, for the year ending December 31, 2022. As noted on the company's second quarter 2022 earnings call held on August 11, 2022, the company is actively moving forward with the development and sale of +Oscar's Campaign Builder, which is consistent with the company's focus on new modular and Software as a Service offerings. The company continues to be committed to growing the +Oscar business and continuing to serve current clients.
OCX

Hot Stocks

16:28 EDT OncoCyte announces five-year VA contract for DetermaRx - Oncocyte "announced that the U.S. Department of Veterans Affairs, the largest integrated health care system in the United States, has awarded a Federal Supply Schedule Contract for the Company's DetermaRx test. The VA provides care at 1,293 health care facilities, including 171 VA Medical Centers and 1,112 outpatient sites of care of varying complexity to over 9 million veterans enrolled in the VA health care program. The contract is for a period of five years."
SON

Hot Stocks

16:26 EDT Sonoco Products to increase tube and core grades prices - Sonoco-Alcore S.a.r.l. "announces that due to continued inflationary pressure on the business it will raise prices by 70EUR/ton or 60 GBP/ton for the UK on all tube and core grades sold in the Company's EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after September 1, 2022."
BCPC

Hot Stocks

16:18 EDT Balchem acquires Bergstrom Nutrition, no terms - Balchem Corporation announced the acquisition of Cardinal Associates Inc., operating as "Bergstrom Nutrition," a leading science-based manufacturer of methylsulfonylmethane , based in Vancouver, Washington.MSM is a widely used nutritional ingredient with strong scientific evidence supporting its benefits for joint health, sports nutrition, skin and beauty, healthy aging, and pet health. Bergstrom Nutrition's MSM brand "OptiMSM(R)" delivers the highest quality and purity MSM on the market and is the only brand of MSM with a U.S. GRAS "generally regarded as safe" designation.
FFHL

Hot Stocks

16:17 EDT Fuwei Films announces delay of its Q2 financial report - Fuwei Films, a manufacturer and distributor of high-quality BOPET plastic films in China, announced that the reporting of its financial results for the Q2 is delayed to September 29.
CHWY

Hot Stocks

16:15 EDT Chewy falls 12.3% after Q2 results and below-consensus guidance
CPTN

Hot Stocks

16:13 EDT Cepton receives LOI for up to $100M investment from Koito - Cepton announced that it has received a non-binding Letter of Intent dated August 29, 2022 for an investment of up to $100 million from its long-term automotive Tier 1 partner and current shareholder, Koito Manufacturing Co., Ltd. The proceeds from the proposed investment from Koito, in the form of convertible non-voting preferred stock, would fund Cepton's next stage of growth as it scales its lidar solutions for mass deployment. "I am extremely grateful for Koito's ongoing support as a key strategic investor and technology and manufacturing partner, and am excited to have the opportunity to explore Koito's proposed investment. From receiving our ADAS series production design win to becoming a publicly traded company, Koito has been with us throughout our journey, and I look forward to achieving many more milestones together in the years to come," said Dr. Jun Pei, Cepton's Co-Founder and CEO. Consummation of any such investment would be subject to, among other things, negotiation of key transaction terms, entry into definitive agreements, the approval of Cepton's shareholders and satisfaction of applicable closing conditions.
CHWY

Hot Stocks

16:13 EDT Chewy reports Q2 active customers 20.5M, up 2.1% y/y - Reports Q2 adjusted EBMITDA margin 3.4%, up 230bps y/y. Reports Q2 Net sales per active customer up 14.4% y/y to $462.
QNCX

Hot Stocks

16:12 EDT Quince Therapeutics presents preclinical data on NOV004 potential - Quince Therapeutics presented preclinical data at the 14th International Conference on Osteogenesis Imperfecta (OI 2022) demonstrating the potential of its novel targeted therapeutic NOV004 to treat fracture in osteogenesis imperfecta (OI) by promoting accelerated increases in bone density, strength, and healing directly at the site of bone fracture. NOV004 is expected to enter Phase 1 clinical studies in 2023 and advance to a lead indication in osteogenesis imperfecta. Karen Smith, M.D., Ph.D., chief medical officer of Quince Therapeutics, said, "In preclinical studies of severe OI Type 3 in vivo models, we have been able to demonstrate a two-fold improvement in the ratio of calcified bone and a three-fold improvement in maximum load over vehicle. In addition, there also was a statistically significant difference in the force required to refracture compared to free drug and vehicle in a normal healthy mouse model of fracture healing. Importantly, we accomplished this significantly accelerated bone repair with no ectopic bone formation observed." NOV004 is a systemically administered bone anabolic peptide engineered to target and concentrate at bone fracture sites. By improving fracture site accumulation and retention, NOV004 stimulates a robust healing response in preclinical studies of healthy normal, diabetic, osteoporotic, and OI in vivo models. During its OI 2022 presentation titled "Fracture-targeted Anabolics for Treatment of Osteogenesis Imperfecta Fractures," the company highlighted several preclinical results demonstrating the efficacy of NOV004 in fractures induced in the OI in vivo experiments.
AMRK

Hot Stocks

16:12 EDT A-Mark declares $1.00 special cash dividend, 20c quarterly dividend - A-Mark's board of directors has declared a non-recurring special cash dividend of $1.00 per common share. The special dividend will be paid on September 26 to stockholders of record as of September 12. A-Mark's board of directors has adopted a regular quarterly cash dividend policy of 20c per share. The initial quarterly cash dividend under the policy will be paid on October 24 to stockholders of record as of October 10. The declaration of regular cash dividends in the future is subject to the determination each quarter by the board of directors, based on a number of factors, including the company's financial performance, available cash resources, cash requirements and alternative uses of cash and applicable bank covenants.
V

Hot Stocks

16:10 EDT Visa reports August U.S. payments volume up 11% year-over-year - Visa announced volume and transaction data for July and from August 1-28 in a regulatory filing. In March 2022, Visa announced that it was suspending operations in Russia and therefore the results from April 2022 through August 2022 do not include Russia-related volumes or transactions but all prior periods do, the company noted. "August U.S. payments volume on a year-over-year basis was up 11%, flat with July, while Credit and Debit grew 17% and 7%, respectively, both up 1 point from July. Compared to 2019, August U.S. payments volume was 144%, down 3 points from July, with Credit at 136%, down 2 points, and Debit at 154%, down 3 points from July. On a year-over-year basis, August card not present volume excluding travel was up 9%, and card present volume was up 11%, both flat with July. Compared to 2019, August card not present volume excluding travel was 165%, down 6 points from July, and card present volume was 127%, down 1 point from July. August international market payments volume was generally consistent with July levels on a year-over-year basis as well as versus the same period in 2019. August cross-border volume excluding intra-Europe transactions was up 1 point from July at 129% of 2019, with card not present volume excluding travel down 1 point from July to 156% of 2019. Total card present and card not present travel cross-border volume excluding intra-Europe transactions was flat with July at 115% of 2019. Since the fiscal third quarter, July and August travel volume into and from our Europe and Asia Pacific regions continued to improve strongly relative to 2019 levels, while travel volume into the U.S. recovered at a more modest pace. Global processed transactions grew 12% year-over-year and were 140% of 2019 in August, both generally consistent with July," Visa stated in the filing.
NARI

Hot Stocks

16:07 EDT Inari Medical enrolls DEFIANCE trial evaluating treatment with the ClotTriever - Inari Medical, announced planned enrollment of the DEFIANCE trial. DEFIANCE is a randomized controlled trial comparing the clinical outcomes of patients with iliofemoral deep vein thrombosis treated with the ClotTriever System versus anticoagulation only. The trial will enroll 300 patients at up to 60 centers worldwide. DEFIANCE is Inari's second RCT and it will run in parallel to the PEERLESS trial. PEERLESS commenced earlier this year and compares FlowTriever to catheter-directed thrombolytics in pulmonary embolism. "Anticoagulation is still the predominant therapy used in the management of DVT and in some studies has been associated with post-thrombotic syndrome in up to 50% of patients," said Dr. Steven Abramowitz, Co-Principal Investigatory and Chair of Vascular Surgery at MedStar Heath. "PTS is a debilitating condition with symptoms including swelling, difficulty walking, skin changes and poorly healing open wounds. Research has shown PTS quality of life scores can be as low as those of patients suffering from heart failure or cancer. Mechanical thrombectomy procedures, using technology like ClotTriever, rapidly remove large volumes of DVT and may thereby reduce the risk of PTS." "DEFIANCE is the first RCT to compare mechanical thrombectomy to anticoagulation for the treatment of DVT," said Dr. Xhorlina Marko, Co-Principal Investigator and Interventional Radiologist at Beaumont Health. "The primary endpoint for the trial is a hierarchical composite of treatment failure and PTS severity at 6 months. The trial has the potential to influence guidelines and change the standard of care."
AMGN

Hot Stocks

16:05 EDT Amgen announces results from Phase 3 CodeBreaK 200 trial - Amgen announced that the global Phase 3 CodeBreaK 200 trial evaluating once daily oral LUMAKRAS, or sotorasib, met its primary endpoint of progression-free survival, or PFS, demonstrating statistical significance and superiority over standard of care chemotherapy, intravenous docetaxel. The first randomized clinical trial for a KRASG12C inhibitor assessed the efficacy and safety of LUMAKRAS in 345 previously treated patients with KRAS G12C-mutated non-small cell lung cancer, or NSCLC, who had received at minimum, prior platinum-based doublet chemotherapy and checkpoint inhibitor therapy.
RCL TSLA

Hot Stocks

15:01 EDT Royal Caribbean to implement SpaceX's Starlink - Royal Caribbean announced its plan to implement SpaceX's Starlink - making the Group the first in the cruise industry to adopt its high-speed, low-latency connectivity for a better onboard experience for guests and crew fleetwide. The innovative broadband internet service will be installed on all Royal Caribbean International, Celebrity Cruises and Silversea Cruises ships, along with all new vessels for each of the brands. Deployment of the Starlink technology across the fleet will begin immediately, leveraging the insights obtained from the trial onboard Freedom of the Seas, which has received tremendous positive feedback from guests and crew. The installation is slated to be completed by the end of the first quarter of 2023.
DRS RADA

Hot Stocks

14:02 EDT Leonardo DRS announces firm-fixed-price contracts worth $50M - Leonardo DRS announced that it has received contracts to provide its advanced thermal weapon sights for the Swedish Ministry of Defense. The firm-fixed-price contracts are worth approximately $50M. The DRS Electro-Optical Infrared Systems business will provide more than 4,600 thermal weapon sights including Individual Weapon Sight and Individual Weapon Sight- Long Range variants. As previously reported, on June 21, Leonardo DRS and RADA Electronic Industries (RADA) announced an all-stock merger. Upon completion of the transaction, the combined company expects to be listed on the Nasdaq and on the TASE under the ticker symbol "DRS".
META

Hot Stocks

13:58 EDT Instagram tests new ways to flag posts users are not interested in - Meta's Instagram announced that it is testing two new ways to help users shape their Instagram experience. "We're testing the ability to mark multiple posts in Explore as Not Interested," the company said. "We'll immediately hide those posts and refrain from showing you similar content in the future. We'll also soon start testing the ability to tell Instagram you don't want to see suggested posts with certain words, phrases or emojis in the caption or hashtags. Whether you're seeing something that's not relevant, or have moved on from something you used to like, you can use this feature to stop seeing content that's not interesting to you." Reference Link
GEF

Hot Stocks

12:29 EDT Greif boosts quarterly dividend by 8.7% to 50c per share - Greif announced today that its board has declared quarterly cash dividend of 50c per share on its class A common stock, which represents an 8.7% per share increase from the quarterly dividend declared on June 7. "We are excited to continue growing our recurring dividend," said Larry Hilsheimer, Greif's Chief Financial Officer. "This increased dividend supplements our recently announced share repurchase program, which together provide a compelling investment opportunity to our shareholders." The dividend is payable on October 1, stockholders of record at the close of business on September 16.
CTVA BASFY

Hot Stocks

12:05 EDT Corteva, BASF collaborate to develop soybean weed control solutions - Corteva Agriscience and BASF announced a long-term collaboration to develop new soybean weed control solutions for farmers around the world. The two companies agreed to cross-license soybean traits, while developing complementary herbicide technologies, enabling both companies to offer innovative soybean weed management solutions. Through the collaboration, Corteva and BASF aim to meet farmers' demand for tailored weed control options differentiated from those on the market or in development. Corteva will combine a proprietary PPO gene licensed from BASF with its portfolio of herbicide tolerant traits, including Corteva's proprietary 2,4-D choline gene, to develop a new trait stack for soybeans. The stack will include tolerance to four herbicide modes of action, or distinct mechanisms to achieve control. Together they will provide a new, effective and flexible option to help control the most problematic weeds. This innovative herbicide tolerance stack is expected to be available in all Corteva seed brands. Corteva has licensed the stack to BASF for use in BASF seed brands and also anticipates licensing the trait stack to additional seed companies.
CHKP INTC

Hot Stocks

12:02 EDT Check Point announces new collaboration with Intel - Check Point Software Technologies (CHKP) announced a new collaboration with Intel Corporation (INTC), under which Check Point Quantum IoT Protect will be made available within Intel's new platform for IoT device developers - Intel Pathfinder for RISC-V. Miri Ofir, R&D Director at Check Point Software commented: "Cyberattacks are increasing in number and sophistication all the time. It has never been more important for IoT device developers to prioritize cybersecurity, not just to win a competitive edge or comply with emerging regulations but to give their end customers enterprise grade security and peace of mind. We are honored to be chosen to enable security for Intel Pathfinder and look forward to all the new devices that will be developed with our security features."
AHI

Hot Stocks

12:02 EDT Advanced Human Imaging Ltd - ADR trading halted, news pending
REX

Hot Stocks

12:00 EDT REX American Resources falls -12.8% - REX American Resources is down -12.8%, or -$4.32 to $29.32.
HKD

Hot Stocks

12:00 EDT AMTD Digital falls -20.6% - AMTD Digital is down -20.6%, or -$28.50 to $110.00.
AZRE

Hot Stocks

12:00 EDT Azure Power falls -25.8% - Azure Power is down -25.8%, or -$1.51 to $4.34.
ALLG

Hot Stocks

12:00 EDT Allego rises 10.8% - Allego is up 10.8%, or 42c to $4.30.
APRN

Hot Stocks

12:00 EDT Blue Apron rises 21.5% - Blue Apron is up 21.5%, or $1.27 to $7.16.
FRGE

Hot Stocks

12:00 EDT Forge Global rises 44.1% - Forge Global is up 44.1%, or $1.52 to $4.97.
PWSC

Hot Stocks

11:53 EDT San Juan Unified selects PowerSchool Enrollment, Unified Insights solutions - PowerSchool announced San Juan Unified School District in Carmichael, California has selected PowerSchool Enrollment and PowerSchool Unified Insights as its primary student enrollment management and data analytics systems. Along with the district's Naviance by PowerSchool platform, PowerSchool Enrollment provides the district with a modern, mobile-responsive online enrollment management system to facilitate new student enrollment and the annual information update process. Unified Insights will serve as a comprehensive solution for San Juan Unified to aggregate information from various sources for smarter district decision-making based on real-time data.
NBEV

Hot Stocks

11:51 EDT New Age Beverages trading halted, news pending
DAL

Hot Stocks

11:32 EDT Delta Air Lines announces sustainable fuel agreement with DG Fuels - Delta and DG Fuels are "taking an important step together to expand the availability of sustainable fuel, with a new low-emissions SAF, which is critical to achieving a more sustainable future for aviation," the airline announced in a post to its corporate news hub. Under a new agreement, the low-emissions fuel company plans to establish a new SAF supply stream that could provide Delta with 385 million gallons of unblended sustainable aviation fuel, while helping to expand availability of SAF in the underserved marketplace, Delta stated. Reference Link
HKD

Hot Stocks

11:28 EDT AMTD Digital Inc trading resumes
SNX

Hot Stocks

11:23 EDT Impartner enters partnership with TD Synnex - Impartner is announcing partnership with TD SYNNEX. Through this partnership, TD SYNNEX will offer Impartner's PRM and Through Channel Marketing Automation solutions to TD SYNNEX customers to help them accelerate revenue and profitability through indirect sales channels.
HKD

Hot Stocks

11:22 EDT AMTD Digital Inc trading halted, volatility trading pause
FMS

Hot Stocks

11:12 EDT Fresenius Medical awarded five-year contract from U.S. Department of VA - Fresenius Medical North America's Renal Therapies Group will be a company of choice to help treat the more than 35,000 military veterans receiving dialysis from the U.S. Department of Veterans Affairs. The VA awarded a five-year contract to FMCNA in five different categories, the most of any medical device company, including home dialysis machines, critical care equipment, water purification systems, and in-center hemodialysis. Under the five-year national contract, the VA's 106 hospitals and clinics can purchase Fresenius Medical Care's complete in-center, acute, and home dialysis offerings.
NAT

Hot Stocks

11:12 EDT Nordic American Tankers reports Alexander Hansson's purchase of 175K shares - Alexander Hansson, Board Member of Nordic American Tankers and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, bought 175,000 shares at $2.3665 per share, the company announced. Following this transaction, Alexander Hansson privately owns 1,925,000 shares, the company reported.
CWK

Hot Stocks

10:31 EDT Cushman & Wakefield announces Payman Sadegh joins as Chief Data Officer - Cushman & Wakefield announced Payman Sadegh has joined the firm as its inaugural Chief Data Officer. "In this newly created role, Sadegh will advance enterprise data management capabilities worldwide while optimizing the use of technology to further deliver digitally enabled experiences and insights for the firm and its clients," the company stated. Previously, Sadegh served as Chief Data Science Officer at Visual IQ, now part of Nielsen.
KSCP

Hot Stocks

10:30 EDT Knightscope signs contract with Oregon healthcare provider - Knightscope announced that a locally owned healthcare system in Oregon has signed a contract for one of its many facilities in the state. The first deployment will utilize a Knightscope K5 Autonomous Security Robot in a hospital parking lot. The client also has a children's hospital, a 24-hour mental and behavioral health services center, and more than 70 primary care, specialty and urgent care clinics. The hospital's goal is to deter criminal activity, while enhancing patient and staff experience.
WWE AMZN

Hot Stocks

10:24 EDT WWE, Amazon file joint lawsuits against WWE belt replicas - Amazon.com's (AMZN) Counterfeit Crimes Unit and WWE have filed joint lawsuits against 13 defendants who attempted to market and sell inauthentic replicas of WWE's title belts in Amazon's store. The belts included commemorative WWE World Heavyweight, Universal, Intercontinental, United States, and NXT Championship title belt designs. "WWE combined its proactive IP monitoring and enforcement program with Amazon's Project Zero and Brand Registry protection tools to detect infringing listings, and Amazon removed them. Then WWE partnered with Amazon's Counterfeit Crimes Unit to pursue these lawsuits targeting bad actors who attempted to sell counterfeit products and falsely represent their locations and identities," the companies said in a statement. Reference Link
LQDA

Hot Stocks

10:20 EDT Liquidia Technologies trading resumes
LQDA UTHR

Hot Stocks

10:19 EDT Liquidia down 22% after request to stay decision on '793 patent refused - An order in the U.S. District Court for the District of Delaware suit between Liquidia Technologies (LQDA) and United Therapeutics (UTHR) issued by the judge in the case states: "Liquidia asks me to stay my decision on the '793 patent pending appeal of the PTAB's decision. (D.I. 427 at 3). I deny this request. The standard for granting a stay involves consideration of three factors... The first and second factors heavily favor denial of the stay. The trial has already occurred, and the parties simply await this Court's decision." Following the denial of the stay request, Liquidia shares are down $1.67, or 22%, to $6.06.
SO

Hot Stocks

10:14 EDT Southern Company partners with GSA to reduce energy cost at Georgia buildings - The Southern Company system is partnering with the U.S. General Services Administration to increase energy efficiency in 12 federal buildings across Georgia, reducing GSA's carbon footprint and improving overall sustainability. Innovative solutions from the Southern Company system will focus on three key areas - energy efficiency, resiliency and greenhouse gas reductions. Southern Company subsidiaries Atlanta Gas Light and PowerSecure are coordinating the improvements, planned for completion in 2024, and are expected to reduce GSA's annual energy and water costs by nearly $3.3 million. The GSA announced the award of the $117 million Utility Energy Service Contract, which is part of the Biden-Harris Administration's Climate Smart Buildings Initiative. The improvements are expected to enhance building performance and efficiency, while reducing operating costs by approximately 45%. In addition, carbon emissions are expected to be reduced by 18,000 to 21,000 metric tons per year across all 12 GSA buildings.
LQDA

Hot Stocks

10:10 EDT Liquidia Technologies trading halted, volatility trading pause
WORX

Hot Stocks

10:07 EDT SCWorx announces renewal, expansion of contract with New England Hospital - SCWorx announced the renewal and expansion of a data service agreement with an existing 500+ bed hospital in New England. The healthcare provider was previously under a 1 year, $125,000 agreement with SCWorx for data management services. The new agreement is for 4 years, $200,000 per year. The agreement includes currently provided services as well as extended services which are enabled through the normalization, enrichment and integration of data from the hospitals three critical data systems. The utilization of information derived through the integration of data provides the hospital an in-depth analysis as well as cost savings identification through the comparison of data from Supply Chain (Spend), Electronic Medical Records and Finance.
CMA

Hot Stocks

10:04 EDT Comerica appoints Von Hays as EVP, CLO, general counsel - Comerica Incorporated announced that Von Hays, Senior Vice President - General Counsel Human Resources, Litigation and Corporate Operations, has been named Executive Vice President and Chief Legal Officer - General Counsel, effective Aug. 26, 2022. Hays, who had been serving as interim Chief Legal Officer since May 2022, will continue to report to Curt Farmer, Chairman, President and CEO.
WEAV

Hot Stocks

10:03 EDT Weave names Brooke Shreeve Chief People Officer - Weave said it has named Brooke Shreeve as its Chief People Officer. Shreeve has led Weave's People Team since earlier this year and was formally appointed as Chief People Officer by Weave's board in August. Prior to joining Weave in 2020 as the head of HR Business Partners, Shreeve led HR initiatives and operations for organizations ranging in size from 250 to 16,000 employees based in both the U.S. and globally. Companies include Wex Inc., Marketstar, Flying J, Kohls and Sears.
PFE BNTX

Hot Stocks

10:00 EDT EMA says evaluating application for version of Comirnaty adapted for Omicron - The EU Medicines Agency tweeted: "EMA has started evaluating an application for a version of Comirnaty adapted to the original virus that causes #Covid19 and to its #Omicron subvariants BA.4/5." Pfizer (PFE) and BioNTech (BNTX) previously announced on August 26 that they had completed a submission to the European Medicines Agency for a booster dose of an Omicron BA.4/BA.5-adapted bivalent COVID-19 vaccine for individuals 12 years of age and older. Reference Link
BORR

Hot Stocks

10:00 EDT Borr Drilling falls -7.3% - Borr Drilling is down -7.3%, or -32c to $4.00.
LPG

Hot Stocks

10:00 EDT Dorian LPG falls -7.6% - Dorian LPG is down -7.6%, or -$1.17 to $14.31.
AZRE

Hot Stocks

10:00 EDT Azure Power falls -9.7% - Azure Power is down -9.7%, or -57c to $5.28.
BOWL

Hot Stocks

10:00 EDT Bowlero rises 9.1% - Bowlero is up 9.1%, or $1.01 to $12.13.
SQNS

Hot Stocks

10:00 EDT Sequans rises 9.9% - Sequans is up 9.9%, or 34c to $3.73.
GETY

Hot Stocks

10:00 EDT Getty Images rises 12.1% - Getty Images is up 12.1%, or $2.44 to $22.59.
SLCR

Hot Stocks

09:50 EDT Silver Crest Acquisition, THIL extend termination date to September 30 - In a regulatory filing, Silver Crest Acquisition Corporation disclosed that Silver Crest, TH International Limited and Miami Swan have agreed to extend the termination date as defined in the merger agreement to September 30, 2022, after which either Silver Crest or THIL may terminate the merger agreement. "Silver Crest, THIL and Merger Sub expect to consummate the transactions contemplated by the Merger Agreement following the satisfaction or waiver of the conditions to closing under the Merger Agreement, as described in the definitive proxy statement/prospectus of Silver Crest, which was filed with the SEC on July 21," the filing said.
OPXS

Hot Stocks

09:49 EDT Optex Systems announces $2.23M order for optical assemblies - Optex Systems Holdings announced it has been awarded a $2.23M order as part of a multi-year strategic supplier agreement with a domestic commercial manufacturer of premium optical devices. The products will be manufactured at the Applied Optics Center Division of Optex Systems.
BORR

Hot Stocks

09:47 EDT Borr Drilling falls -6.5% - Borr Drilling is down -6.5%, or -28c to $4.04.
AZRE

Hot Stocks

09:47 EDT Azure Power falls -6.5% - Azure Power is down -6.5%, or -38c to $5.47.
ARCH

Hot Stocks

09:47 EDT Arch Resources falls -6.6% - Arch Resources is down -6.6%, or -$10.82 to $152.86.
FREY

Hot Stocks

09:47 EDT Freyr Battery rises 8.5% - Freyr Battery is up 8.5%, or $1.07 to $13.72.
SQNS

Hot Stocks

09:47 EDT Sequans rises 10.0% - Sequans is up 10.0%, or 34c to $3.74.
GETY

Hot Stocks

09:47 EDT Getty Images rises 10.3% - Getty Images is up 10.3%, or $2.07 to $22.22.
TWTR

Hot Stocks

09:42 EDT Twitter globally launches Twitter Circle feature - In a tweet, Twitter Safety said, "Today we're rolling out Twitter Circle! This lets you choose on a Tweet-by-Tweet basis who can see your Tweets--everyone or only those in your circle." Reference Link
AMWD

Hot Stocks

09:35 EDT American Woodmark trading resumes
NSIM VSAC

Hot Stocks

09:35 EDT Newsight Imaging, Vision Sensing Acquisition enter deal for business combination - Vision Sensing Acquisition Corp. announced execution of definitive business combination agreement with Newsight Imaging, a semiconductor company that develops proprietary 3D machine vision sensors and spectral vision chips. The Combined Company will be led by Eli Assoolin, Newsight Imaging CEO. At the consummation of the proposed business combination, the Company's ordinary shares are expected to be listed on the Nasdaq Capital Market under the ticker symbol "NSIM." Pursuant to the terms of the business combination agreement: a newly-organized, wholly-owned subsidiary of Newsight will merge into VSAC resulting in VSAC becoming a wholly-owned subsidiary of Newsight, Newsight will register as a publicly traded company and parent of VSAC, Newsight's existing shares will be split to facilitate a fully diluted value per Newsight share of US$10, and VSAC's common stock and warrants to purchase VSAC common stock will be exchanged on a one-for-one basis for Newsight Ordinary Shares and warrants to purchase Newsight Ordinary Shares, respectively. Prior to the merger, but subject to the completion of the merger, Newsight will effect a recapitalization of its outstanding equity securities so that the pre-merger holders of Newsight Ordinary Shares and options to acquire Newsight Ordinary Shares will have shares valued at $10.00 per share and having a total value of $215,000,000. This does not include any shares issued as part of any pre-transaction rounds of financing in Newsight. This will result in the pre-merger and pre-financing Newsight shareholders holding approximately 53.6% Newsight Ordinary Shares and options exercisable for just under 3% fully diluted shares, assuming no redemptions by VSAC shareholders, and other assumptions to be set forth in a registration statement to be filed by Newsight on Form F-4 with the U.S. Securities and Exchange Commission. Pre-merger directors, officers and 5% or greater beneficial owners of Newsight Ordinary Shares, with some limited exceptions, will be subject to a lock-up period ending on the earlier of six months from the closing date of the merger and he date on which the closing price of Newsight Ordinary Shares equals or exceeds $12.00 per share for any twenty trading days within any thirty trading day period. In addition to the $102.5 million held in VSAC's trust account, proceeds to the Combined Company in the proposed Business Combination for VSAC and Newsight would potentially include up to US$40 million in pre-transaction financing, a PIPE, or other alternatives. The final amount of any pre-transaction financing, or financing in connection with the proposed business combination, if any, to be raised is by mutual agreement and dependent on market conditions, and related terms, if any, have not been finalized. The Combined Company is expected to receive gross proceeds of up to $143.7 million at the closing of the transaction assuming no redemptions by VSAC's shareholders and an additional financing of up to US$40 million. Net proceeds to the Combined Company are expected to be approximately $140.2 million after transaction-related expenses of approximately US$3.5 million. Use of net proceeds, among other things, are expected to fund research and development, for organic growth and expansion, and for working capital. Assuming no redemptions by VSAC's shareholders, it is estimated that the current shareholders of Newsight will own approximately 53% of the issued and outstanding shares in the Combined Company at closing. As part of the transaction, Newsight's current management and existing equity holders will roll a minimum of 95% of their equity into the Combined Company. The transaction has been approved by each of VSAC's and Newsight's Boards of Directors. The transaction is subject to the approval of VSAC and Newsight shareholders and other customary conditions and is expected to close as early as the fourth quarter of 2022.
BYD...

Hot Stocks

09:33 EDT Nevada reports July statewide gaming win down 3.17% to $1.32B - Nevada reports July Las Vegas Strip gaming win down 2.42% versus last year to $773.4M. Publicly traded companies in the casino gaming and iGaming space include Boyd Gaming (BYD), Caesars (CZR), Churchill Downs (CHDN), DraftKings (DKNG), Flutter Entertainment (PDYPY), Gan Limited (GAN), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN), William Hill (WIMHY) and Wynn Resorts (WYNN).
BGXX

Hot Stocks

09:31 EDT Bright Green signs LOI with Alterola Biotech for partnership, acquisition - Bright Green has signed a letter of intent with Alterola Biotech, a U.K.-based pharmaceutical company focused on developing cannabinoid and cannabinoid-like medicines and products. Bright Green will initially purchase 25% of the issued and outstanding common stock of Alterola for total consideration of $4 million, and will receive a 6 month option to purchase Alterola's remaining issued and outstanding common stock for an additional $6 million and approximately $40 million in Bright Green common stock. As part of the strategic partnership and pursuant to the terms and subject to the conditions of the arrangement, Alterola will gain access to Bright Green's planned cannabis and cannabis extracts, derivatives, products and research services, and Bright Green will in turn benefit from Alterola's established industry relationships and sector expertise. The parties believe a successful collaboration will create a strong pathway to secure, provide and supply cannabis and derivative products to the pharmaceutical industry. The initial $4 million funding is subject to completion of initial satisfactory due diligence and other customary conditions. Closing of the additional proposed arrangement, which will be set forth in a final definitive agreement, shall be subject to several factors, including but not limited to, completion of due diligence to the satisfaction of both parties, provision of cash and stock consideration in connection with the transaction, and timely approval of the arrangement by applicable securities and other regulatory authorities and the stockholders of Bright Green.
AMWD

Hot Stocks

09:30 EDT American Woodmark trading halted, volatility trading pause
CYTO

Hot Stocks

09:29 EDT Altamira Therapeutics progressing with plans to focus on RNA business - Altamira Therapeutics provided a business update on its strategic repositioning and key developments in its business. "We continue to be on track with our plan to refocus the Company around our exciting RNA delivery platform and to divest or spin off our legacy business to unlock the intrinsic value of our assets," commented Thomas Meyer, the Company's founder, CEO and Chairman. "Over the past few months, we made great progress in raising awareness of our patented OligoPhore / SemaPhore technology for efficient and safe RNA delivery to extrahepatic target tissues. In addition, we reached important milestones with our nasal spray programs, Bentrio and AM-125, obtaining positive study data for both as well as regulatory clearance for Bentrio in the US and elsewhere. We are making good progress in our efforts to partner both programs, on which we have spent approximately $15 million and $18 million, respectively, to date." Altamira expects to report its first-half 2022 financial results in early October 2022. Preliminary figures show that the Company recorded revenues related to Bentrio of $1.3 million during that period. As previously announced, Altamira's strategy is to commercialize Bentrio globally through well-established OTC consumer health companies with a strong footprint in the respiratory health market, respectively the "allergy" and "cough and cold" categories. While the Company has already established distribution agreements with partners covering most of the important Asian markets except Japan, and the Middle East, the Company's current partnering activities are focusing on the US, EU and other key international markets. Since receiving 510(k) clearance from the US Food and Drug Administration for marketing Bentrio Allergy Blocker, Altamira has advanced partnering discussions with a number of interested parties in a structured process. In this context, the Company has suspended preparations for launching the product in the US on its own as well as major market initiatives in Europe. The US and Europe together represent the largest OTC markets worldwide by far. A larger clinical trial comparing Bentrio with a seawater nasal spray in Australia under "everyday conditions" over 14 days was started in 2021. Positive interim safety and efficacy data from the trial helped to support the successful 510(k) application to the FDA. NASAR is expected to resume enrollment with the upcoming start of the allergy season and to complete the enrollment target of 100 patients for a read-out in Q1 2023. Altamira considers that the spray can also help to reduce the viral load in the nose and the risk of viral infection. However, certain countries and regions require specifically clinical performance data to clear Bentrio for this indication, in particular related to COVID-19. In this context, the Company recently stopped marketing Bentrio in the viral infection indication in the EU and Switzerland and will re-introduce the product in the coming weeks with a labeling for allergy only. COVAMID is a randomized, placebo-controlled clinical trial to evaluate the safety, tolerability, and efficacy of Bentrio in the treatment of acute COVID-19. It began enrolling patients in March 2022. Following a blinded interim analysis, Altamira recently announced that the trial will add 24 patients bringing the total to 160, with top-line data expected in Q4 2022. The Company expects the trial to be essential for supporting its plans to expand Bentrio's product label to include viral infections in those countries and regions requesting such data. In June 2022, the Company announced key results from its TRAVERS phase 2 trial with AM-125, a nasal spray with betahistine as active ingredient for the treatment of vertigo. The trial enrolled a total of 124 patients who suffered from acute vestibular syndrome llowing surgery for the removal of a tumor growing behind the inner ear. TRAVERS demonstrated good safety and tolerability of AM-125 at doses up to 20 mg administered three times daily for four weeks. Further, administration of AM-125 resulted in a dose- and time-dependent improvement in balance and vestibular function. On the primary efficacy endpoint, the improvement in the "Tandem Romberg" balance test, the trial showed a statistically significant increase in the time to failure for the 20 mg dose over placebo. TRAVERS thus served as proof of concept for AM-125 acting as a vestibular stimulant and helping patients to 'get back on their feet' more quickly. Following further analyses of the TRAVERS outcomes, the study team has been drafting an article for publication in a scientific journal. Meanwhile, the Company has been working to move the AM-125 development program forward. Altamira is planning to file an Investigational New Drug application with the FDA in Q4 2022, which will include the protocol for the next clinical trial with AM-125. Benefitting from its intranasal administration route, AM-125 can achieve significantly higher betahistine concentrations in blood plasma than those obtained with the currently available tablets for oral administration. Globally, there has been a dearth of innovation for treating vertigo for decades. In the context of its strategic repositioning, Altamira has initiated partnering discussions on AM-125 with a number of interested parties.
AMD

Hot Stocks

09:27 EDT AMD launches Ryzen 7000 Series desktop processors with Zen 4 architecture - Yesterday evening, the company announced: "AMD revealed the Ryzen(TM) 7000 Series Desktop processor lineup powered by the new "Zen 4" architecture, ushering in the next era of high performance for gamers, enthusiasts, and content creators. Featuring up to 16 cores, 32 threads and built on an optimized, high-performance, TSMC 5nm process node, the Ryzen 7000 Series processors deliver dominant performance and leadership energy efficiency. Compared to the previous generation, AMD Ryzen 7950X processor enables single-core performance improvement of up to +29%2, up to 45% more compute for content creators in POV Ray3, up to 15% faster gaming performance in select titles4, and up to 27% better performance-per-watt5. AMD's most expansive desktop platform to date, the new Socket AM5 platform is designed for longevity with support through 2025. Ryzen 7000 Series Desktop processors are expected to be available globally from leading etailers and retailers beginning September 27, starting at an SEP of $299."
PSEC

Hot Stocks

09:24 EDT Prospect Capital to delay release of 10-K; does not expect material impact - In a regulatory NT 10-K filing yesterday evening, the company stated: "Prospect Capital is unable to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2022 within the prescribed time period without unreasonable effort or expense primarily because the Company requires additional time to complete its assessment of the effectiveness of its internal control over financial reporting and the Company's independent registered accounting firm requires additional time to complete its audit of the Company's internal control over financial reporting. Management is in the process of performing an assessment of the effectiveness of the Company's internal control over financial reporting as of June 30, 2022, based upon criteria in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. Although the assessment is not yet complete, we expect to report a material weakness in our internal control over financial reporting relating to the operation of management review controls over the valuation of collateralized loan obligations, including management's review procedures over the completeness and accuracy of the underlying data used in performing those review procedures. Additionally, we expect to report a material weakness relating to our control environment and monitoring activities; specifically, with respect to evaluating internal control deficiencies in a timely manner. As a result of the foregoing, the Company needs additional time to finalize its financial statements and related disclosures to be filed as part of the 2022 Form 10-K. The Company expects to file its 2022 Form 10-K within the extension period of 15 calendar days as provided by Rule 12b-25 under the Securities Exchange Act of 1934, as amended. The Company anticipates that the material weaknesses described above will not require a fourth quarter 2022 adjustment or materially impact its consolidated financial statements for any prior annual or interim periods."
BBY

Hot Stocks

09:24 EDT Best Buy withdraws FY25 targets, citing macro backdrop - Best Buy CEO Corie Barry said during the company's Q2 earnings call: "I just want to take a moment to address the fiscal '25 financial goals we introduced in March. We remain confident in the strategic premise covered in March. However, the current macro backdrop has changed in ways that we and many others were not expecting. As such, we are removing these targets. And we'll share more context on our midterm financial expectations once we begin to experience a more stable operating environment. As I said at the beginning of my remarks, we are managing thoughtfully and carefully while still investing in our future. This includes actively assessing further actions to evolve our operating model, manage profitability and iterate on our growth initiatives. We fundamentally believe that technology is more important than ever in our everyday lives. And as a result of the past few years, consumers have even more technology devices in their homes that will need to be updated, upgraded and supported over time. As our vendor partners continue to innovate and the world becomes increasingly more digital in all aspects, we will be there to uniquely help customers in our stores, online, virtually and directly in their homes."
SMFL

Hot Stocks

09:22 EDT Smart for Life names Benson managing director of Smart Acquisition Group - Smart for Life announced that Stuart Benson, JD, has been named Managing Director of the Company's newly formed subsidiary, Smart Acquisition Group, SAG. SAG is expanding the Company's M&A growth initiatives through the identification, negotiation, financing and acquisition of companies by Smart for Life. Benson most recently served as the Chairman of Ceautamed Worldwide, the owner of the Greens First line of branded products acquired by Smart for Life on July 29, 2022.
HUSA

Hot Stocks

09:18 EDT Houston American Energy provides update on operations in Colombia - Houston American Energy provided an update with respect to 2022 operations and near term plans on the CPO-11 Block in Colombia. Houston American's interest in the CPO-11 Block, and wells thereon, is held through our ownership interest in Hupecol Meta, LLC. Year-to-date, two wells have been drilled on the CPO-11 Block, both located in the Venus Exploration Area.. The Bugalo #1 well was drilled and is awaiting testing. The Saturno #1 well was drilled, plugged back and side-tracked resulting in the Saturno #1ST well. The Saturno #1ST well is expected to begin production in the very near future. A formerly shut-in well in the VEA, the Venus 2A, is planned to be returned to production shortly. Hupecol is planning to acquire a 3D seismic grid covering a portion of the VEA with the objective of siting and drilling a first horizontal well within the VEA. On the CPO-11 Block, outside of the VEA, Hupecol Meta has targeted drilling, by year-end, the Caonabo well with the participation of Parex Resources. Houston American owns an 11% interest in each of the wells in the Venus Exploration Area and will own a 5.5% interest in each of the wells on the balance of the CPO-11 Block.
AMST

Hot Stocks

09:16 EDT Amesite announces $2.3M registered direct offering - Amesite entered into securities purchase agreements with institutional investors for the purchase and sale of 4,181,821 shares of common stock and warrants to purchase 4,181,821 shares of common stock at a combined purchase price of $0.55. The gross proceeds to Amesite from this offering are expected to be approximately $2.3 million before deducting placement agent fees and other estimated offering expenses. The warrants will be exercisable commencing six months after the date of their issuance, have an exercise price of $0.82 per share and will expire five years from the date of issuance. The offering is expected to close on or about September 1, 2022, subject to customary closing conditions. Laidlaw & Company is acting as sole placement agent for the offering.
UDMY

Hot Stocks

09:16 EDT Udemy to harness power of Cloud technology through work with AWS - Udemy announced it has joined the AWS Partner Network, APN, a global community of partners that leverages AWS programs, expertise and resources to build, market and sell customer offerings. Thousands of AWS customers can now discover and deploy next-gen learning solutions by Udemy Business in their organizations. "Integration of the most popular content into AWS Marketplace creates more positive learning opportunities and outcomes for employees across a wide breadth of industries," said Greg Brown, president of Udemy Business.
BRCC

Hot Stocks

09:16 EDT Black Rifle Coffee appoints U.S. Navy veteran Martin Manning as CHRO - Black Rifle Coffee Company has appointed U.S. Navy Veteran and experienced corporate executive Martin "Marty" Manning as Chief Human Resources Officer, CHRO.
VISL

Hot Stocks

09:14 EDT Vislink announces new 5G 4Live event production solution - Following its participation in recent high-profile 5G trials at the Commonwealth Games and Premiership Rugby, Vislink announces the introduction of Vislink 5G 4Live, a complete end-to-end remote production solution designed to provide a 5G private network solution. The Vislink 5G 4Live solution was engineered for use at major events where live production organizations have traditionally deployed COFDM systems. Mickey Miller, CEO of Vislink said, "Vislink 5G 4Live is the first event production solution capable of seamlessly bridging broadcasters' remote production infrastructure between the cloud and the edge. It leverages the extensive 5G development history featured in our Mobile Viewpoint line. 5G 4Live brings fully bi-directional IP connectivity all the way to the edge - right up to the roaming cameras, which enhances communication with camera operators while simplifying camera control systems. This game-changing solution opens the door to realizing substantial cost efficiencies in the remote production of live events and allows for unprecedented creativity and flexibility in event coverage."
CDAK

Hot Stocks

09:14 EDT Codiak reports cash, cash equivalents of $41.8M as of June 30 - As of June 30, 2022, Codiak had cash, cash equivalents, and marketable securities of approximately $41.8 million. An essential component of the Company's strategic corporate and partnering discussions and other initiatives is exploring prospective opportunities to provide funding to enable extension of Codiak's cash runway and the potential to resource additional programs.
CDAK

Hot Stocks

09:13 EDT Codiak to reduce workforce by 37% to 53 full-time employees - Codiak BioSciences has aligned the organization to reflect its smaller, refocused pipeline. The Company's workforce will be reduced by 37%, to 53 full-time employees.
MRMD

Hot Stocks

09:13 EDT Marimed launches Nature's Heritage 'LIVE Flower' - MariMed announced the launch of Nature's Heritage "LIVE Flower," the freshest cannabis flower available. Nature's Heritage "LIVE Flower" buds are bigger and brighter than conventional flower, bursting with more vibrant colors and stronger aromas, and delivering a smoother smoke. "We are very excited about the launch of Nature's Heritage 'LIVE Flower,'" said MariMed Chief Operating Officer Tim Shaw. "Experienced consumers will immediately recognize that our FreshCure curing process delivers the freshest cannabis flower and biggest, brightest, most colorful, and smoothest smoking buds they've ever experienced. The feedback we have received from dispensary owners, budtenders, and influencers has been overwhelming, and we can't wait for people to try it for themselves." Nature's Heritage "LIVE Flower" was launched in Massachusetts this month at MariMed's Panacea Wellness dispensary in Middleborough. It will be distributed through approximately 25 other select dispensaries throughout Massachusetts over the next month.
CDAK

Hot Stocks

09:12 EDT Codiak announces reprioritization of clinical, research initiatives - Codiak BioSciences announced a reprioritization of its clinical and research initiatives, an acceleration of discussions related to potential strategic corporate and program-based partnerships, and a restructuring of operations to support a streamlined set of priorities. exoASO-STAT6 is Codiak's first systemically administered exosome-based drug candidate, and its third candidate to enter clinical trials. exoASO-STAT6 is engineered to selectively deliver antisense oligonucleotides to disrupt STAT6 signaling in tumor associated macrophages and induce an anti-tumor immune response. Preclinical studies of exoASO-STAT6 showed single agent anti-tumor activity in models of aggressive hepatocellular carcinoma. Enrollment continues in the Phase 1 clinical trial of exoASO-STAT6 in patients with advanced HCC, liver metastases from primary gastric cancer and colorectal cancer where high STAT6 transcript levels correlate with poor prognosis for patients. Data is expected during the first half of 2023. Codiak announced last month a new partnership with CEPI to advance its exoVACC pan betacoronavirus program. As part of the partnership, CEPI is providing seed funding of up to $2.5 million, which Codiak anticipates will fund the completion of preclinical development and identification of a clinical candidate by early next year. Preclinical data presented at ASGCT earlier this year on the Company's engEx-AAV discovery program, demonstrated efficient incorporation of AAV capsids inside exosomes where they were not subject to neutralization by antibodies against AAV. These engineered constructs efficiently transduce target cells and support the idea of engEx-AAV for repeat dosing of gene delivery constructs. Codiak's team will continue to advance this program toward generation of in vivo proof-of-concept data later this year. Codiak is pausing plans to initiate Phase 2 trials of exoSTING and exoIL-1. Platform-validating data from Phase 1 trials for both programs were reported in June, demonstrating potential for best-in-class profiles, and Codiak identified a recommended Phase 2 dose for each candidate. Codiak is prioritizing discussions related to establishing potential new strategic and collaborative initiatives for the Company, including program-based partnerships. Codiak's existing research and business partnerships with Lonza and Jazz Pharmaceuticals are continuing, with resources committed to attain key goals.
ALGT

Hot Stocks

09:11 EDT Allegiant Travel reports preliminary July traffic up 7.6% y/y - Reports July: Capacity down 3.3%; Passengers up 4.3%; Load factor up 9.2 pts; Departures down 7.8%; Average stage length up 3.8%. All figures for scheduled service on a year over year basis.
ADT UBER

Hot Stocks

09:11 EDT ADT partners with Uber to provide in-app safety feature for riders, drivers - ADT (ADT) announced a partnership with Uber (UBER) to integrate ADT mobile safety solutions into the Uber app for riders and drivers. The Safe by ADT platform seamlessly integrates with app-based service providers to help protect gig economy workers and patrons, providing them with access to reassurance and emergency services when they need it most, powered by ADT's 24/7 professional monitoring. Uber's "Live Help from a Safety Agent" feature, powered by Safe by ADT, is fully integrated into the Uber app. Anyone who uses Uber can access ADT's 24/7 professional monitoring while on a trip by tapping on the Safety Toolkit, and can receive reassurance if they are feeling uncomfortable during their ride or request emergency response, if needed.
EYEN

Hot Stocks

09:10 EDT Eyenovia announces Optejet dispenser - Eyenovia brings human-centric design to ophthalmology with its novel Optejet dispenser. Traditional eye drops normally overdose the patient's eye with medication and preservatives Eyenovia's easy-to-use, novel Optejet dispenser administers precisely 8microL of medication to the eye, effectively treating the patient's condition while creating a more gentle dosing experience.
VINE

Hot Stocks

09:10 EDT Fresh Vine Wine's collection now available across Pacific Northwest - Fresh Vine Wine announced that its Cabernet Sauvignon, Chardonnay, Pinot Noir and Rose varietals are all available immediately in Alaska, Oregon and Washington, the latest step as it continues to expand availability. "Our expansion across the Pacific Northwest delivers our premium wines to an ideal audience of health-conscious consumers," said Rick Nechio, Interim Chief Executive Officer at Fresh Vine Wines. "This outdoor lover's paradise offers everything from sandy beaches to snowy mountains to national parks, attracting an extensive community of outdoor adventurers and others committed to an active lifestyle. We're especially excited to reach Alaska as we work to further expand availability of our exceptional tasting lower carb, lower sugar and lower calorie wines."
VVX

Hot Stocks

09:09 EDT Vertex wins U.S. Navy contract valued up to $230M - The Vertex Company, a V2X company, was awarded a contract valued up to $230 million for contractor logistics support for the U.S. Navy and U.S. Marine Corps' fleet of C-12 Huron aircraft. The C-12 is a twin-engine aircraft used for light passenger and cargo missions. Under the new contract, Vertex will provide a range of services including site support, aircraft depot maintenance, engine depot maintenance, propeller depot overhauls and modifications.
PKBK

Hot Stocks

09:08 EDT Parke Bancorp raises quarterly dividend to 18c from 16c per share - Payable on September 23 to its stockholders of record as of the close of business on September 9.
BNFT

Hot Stocks

09:08 EDT Benefitfocus announces Advanced Engagement Services solution - Benefitfocus announced Advanced Engagement Services, a personalized and action-oriented communications solution that helps employers and health plans create a more connected and engaging benefits experience. Benefitfocus' Advanced Engagement Services leverage artificial intelligence to provide a multichannel experience for helping people better engage with their benefits and navigate the health care system. The solution is the first of its kind in that it enables highly secure communications and sharing of information without requiring individuals to download or log in to a portal, which can act as a barrier to engagement. Benefitfocus estimates that customers can achieve engagement rates two-to-three times higher than through typical communications and digital engagement tactics.
BAESY

Hot Stocks

09:07 EDT BAE Systems' CSMCW qualifies for P-8A Poseidon aircraft - BAE Systems' Combat System Mission Crew Workstation, CSMCW, is now qualified for the P-8A Poseidon Multi-mission Maritime Patrol Aircraft - adding to the aircraft's mission capability. The qualification follows a successful test flight of the first combat system-capable P-8A test aircraft in June 2022. The workstation is the aircrew's primary interface to mission-critical systems, allowing them to successfully navigate demanding anti-submarine, anti-surface, and intelligence, surveillance, and reconnaissance missions. There are two systems per aircraft, which control the aircraft's sonar, radar, sensors, and weapon systems. "Our mission computing and display system provides the reliability required for aircrews to operate in challenging environments," said Donna Linke-Klein, director of Tactical Systems at BAE Systems. "This newly qualified workstation will enable superior mission computing performance while providing size, weight, power, and ergonomic benefits." Built with ultra-strong lightweight composite materials, the workstations improve aircraft and weapon systems' performance. They are also designed with ergonomic considerations, such as an optimal viewing angle for both seated and standing crewmembers. With installation potential on approximately 130 aircraft for the U.S. Navy, and additional Foreign Military Sale opportunities, this qualification, completed at the BAE Systems' Greenlawn, New York site, also positions the workstations for mission enhancements on future aircraft.
TRUE

Hot Stocks

09:07 EDT TrueCar forecasts 1,152,846 new vehicle sales in August, up 9% y/y - TrueCar expects total new vehicle industry sales to reach 1,152,846 units in August 2022, up 9% from a year ago and slightly up from July 2022, when adjusted for the same number of selling days. This month's seasonally adjusted annualized rate for total light vehicle industry sales is an estimated 13M, down 14% from August 2021. Excluding fleet sales, TrueCar expects U.S. retail deliveries of new cars and light trucks to be 1,015,575 units, up 6% from a year ago and up about 3% from July 2022.
GLW T

Hot Stocks

09:07 EDT Corning announces optical cable manufacturing facility supported by AT&T - Corning Incorporated (GLW) announced today that it is expanding manufacturing capacity for optical cable, based on a long-term relationship with AT&T (T), as the carrier expands its fiber service. Corning will build a new cable manufacturing facility in Gilbert, Arizona, located in the Greater Phoenix region, adding approximately 250 jobs and extending Corning's strategic investments in optical fiber, cable, and connectivity solutions to meet record demand. The new facility is Corning's latest in a series of investments in fiber and cable manufacturing totaling more than $500 million since 2020. These investments, supported by customer commitments, nearly double Corning's ability to serve the U.S. cable market and connect more people and communities. Public and private investments in broadband, 5G, and the cloud are accelerating a large, multi-year wave of growth for fiber-based networks - and Corning, as the world leader in passive optical communications, is uniquely positioned to support these network builds. The Arizona facility, expected to open in 2024, will be the industry's western-most U.S. manufacturing site for optical cable - allowing Corning to serve growing demand in the western U.S. and Canada.
FREY

Hot Stocks

09:06 EDT Freyr Battery up 11.5% in pre-market trading after announcing Nidec JV - Shares of Freyr Battery are up 11.5% or $1.45 in pre-market trading at $14.10 after the company announced that it has signed a joint venture agreement for battery energy storage products with Nidec overnight.
CLSK

Hot Stocks

09:06 EDT CleanSpark's hashrate exceed 3 exahashes following summer of acquisitions - CleanSpark announced its bitcoin mining hashrate has exceeded 3 EH/s, tripling in less than a year. CleanSpark's accelerated growth can be attributed to new partnerships and a strategic financial roadmap that has helped the company navigate current market conditions. The Company now has three fully owned and operated facilities, more than 31,000 bitcoin mining machines operational, and a daily production high of 13.25 bitcoins. "I believe that our strong capital management and developing relationships with our partners and the communities we operate in has led to the tremendous opportunities we've been presented with," said Zach Bradford, CEO. "I'm particularly grateful for our operational teams on the ground that have made so much of this growth possible."
FVRR SSTK

Hot Stocks

09:06 EDT Fiverr announces partnership with Shutterstock - Fiverr announced a partnership with Shutterstock to integrate its vast content of licensed assets on its platform. The integration will provide freelancers who offer digital services on Fiverr instant and easy access to millions of licensed assets for commercial use.
YMAB TAK

Hot Stocks

09:06 EDT Y-mAbs, Takeda announce marketing authorization in Israel for DANYELZA - Y-mAbs Therapeutics (YMAB) and Takeda Israel, a wholly owned subsidiary of Takeda Pharmaceutical Company Limited (TAK) announced that the Israeli Ministry of Health has approved DANYELZA in Israel for the treatment, in combination with granulocyte-macrophage colony-stimulating factor, of pediatric patients 1 year of age and older and adult patients with relapsed or refractory high-risk neuroblastoma in the bone or bone marrow who have demonstrated a partial response, minor response, or stable disease to prior therapy. In Israel, DANYELZA is expected to be commercialized by Takeda Israel, under the exclusive license and distribution agreement entered in 2020 between Takeda Israel and the Company.
DKS

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09:05 EDT Dick's Sporting expands resale partnership with SidelineSwap - DICK'S Sporting Goods and SidelineSwap are expanding their partnership to offer a series of 50 new trade-in events in seven states through the end of 2022. DICK'S Sporting Goods and SidelineSwap have previously held 10 successful trade-in events at four DICK'S locations.
TGAN

Hot Stocks

09:05 EDT Transphorm awarded ARPA-E contract - Transphorm announced that it has been awarded a contract by the Advanced Research Projects Agency-Energy, or ARPA-E. Part of the ARPA-E CIRCUITS program and through a sub-contract from Illinois Institute of Technology, the project covers the supply of GaN-based four-quadrant switches for use in various power conversion applications including novel ones like current source inverters, cyclo-converters for drives and microinverters, matrix switching, and solid-state circuit breakers. The initiative is the result of Transphorm's deep GaN engineering expertise along with industry and university interest in further exploring the possibilities of lateral GaN switches. Transphorm will prototype the FQS platform using its 650 V GaN technology that continues to offer the industry's highest threshold voltage, or 4 V, in a 4-pin TO-247 package. The project is expected to be completed in less than a year.
NUE

Hot Stocks

09:04 EDT Nucor to invest $200M in South Carolina sheet and beam mill - Nucor announced that it will invest $200M over a 5-year period in mill modernization projects at its Nucor Steel Berkeley division located in Huger, South Carolina. Pending permit and regulatory approvals, a portion of the capital investment will include the construction of a new air separation unit for the purpose of supplying industrial gases for the mill's steelmaking operations. When complete, the ASU will be operated by UIG LLC, a Nucor wholly owned subsidiary, that specializes in industrial gas supply. Nucor Steel Berkeley is currently supplied with industrial gases under a long-term supply agreement. This project will allow Nucor through UIG to produce and supply all the gases needed for the steel mill from the new Nucor owned facility, both now and into the future.
PRGS

Hot Stocks

09:03 EDT Progress Software achieves US DoDIN approved products list certification - Progress announced that Progress Kemp Loadmaster load balancer has achieved U.S. Department of Defense Information Network, DoDIN, Approved Products List, APL, certification. "Progress works with central and local government clients across the world to ensure the high availability and optimization of critical infrastructure and applications," said Jason Dover, VP, Product Strategy, Enterprise Application Experience, Progress. "This certification reinforces our commitment to helping organizations secure and modernize the DoD's infrastructure, in line with an increased need to protect federal IT systems."
HLAN

Hot Stocks

09:03 EDT Heartland BancCorp to open new branch in Delaware, Ohio - Heartland BancCorp announced that a nineteenth Heartland Bank branch will be located at 1754 Columbus Pike in Delaware, Ohio. With a groundbreaking planned for mid-September of 2022, this branch will be situated in the Delaware Community Plaza. The style will mirror the universal branch model in several current locations and include a night drop, drive-thru and ATM. The space is being designed to include a community room for small gatherings and casual meetings. Plans currently suggest a twelve-month construction timeframe with an anticipated open date in the late summer of 2023.
ALGT

Hot Stocks

09:02 EDT Allegiant Travel reports July total system passengers up 4.5% y/y - Reports July: Capacity down 2.8% y/y; Departures down 7.7% y/y; Average stage length up 4.2% y/y/.
MTTR

Hot Stocks

09:02 EDT Matterport introduces Matterport Pro3 Camera with updates - Matterport introduced the all-new Matterport Pro3 Camera along with major updates to its digital twin cloud platform. The Pro3 is a breakthrough in 3D capture technology, ready to digitize every aspect of the physical world, indoors and outdoors. Matterport's next generation digital twin platform builds on the company's groundbreaking immersive virtual experiences to enable advanced workgroup collaboration and productivity, delivering cost savings and revenue growth for organizations of all sizes, from small businesses to global enterprises.
LOCO

Hot Stocks

09:02 EDT El Pollo Loco signs four-unit deal in Seattle - El Pollo Loco announced the signing of a multi-unit development deal for four restaurants in metro Seattle, particularly across Pierce County and south King County. The restaurants will be owned and operated by Jean-Paul Pirio. While leases have yet to be signed, Pirio is eyeing Federal Way, Kent, Tacoma and Puyallup, among other areas, for potential sites. Pirio's restaurants will feature a new El Pollo Loco prototype design geared to meet the demands of the company's off-premise business. Included in the design will be a dining room that potentially opens up to a patio area, as well as a drive-thru and designated curbside pick-up parking.
GSL

Hot Stocks

08:58 EDT Global Ship Lease announces forward charter agreements - Global Ship Lease announced that it has entered into new multi-year charters with Hapag-Lloyd for six ECO 6,900 TEU ships. The new charters are each for a firm period of five years, followed by two 12 month periods at the option of the charterer, and are scheduled to commence between late 2023 and late 2024, following the expiration of existing charters to a different counterparty. The charters are expected to generate average Adjusted EBITDA of approximately $13.1 million per ship, per year; and total Adjusted EBITDA of around $393 million for the six ships over the firm charter period.
IDW

Hot Stocks

08:47 EDT IDW Media teams up with Matt Silverstein, Dave Jeser for co-development deal - IDW announced a new co-development deal with writing duo Matt Silverstein and Dave Jeser. Under the partnership, the team will develop and produce the sci-fi comedy, "Family Time '' into a television series and original comic book property. Writer James Asmus are also attached to the project. This is the first of many creative partnerships that leverage IDW's experience and resources to develop stories that reach audiences through a variety of ways.
FRZA

Hot Stocks

08:46 EDT Forza X1 begins design process on high-powered electric outboard motor - Forza X1 announced that its engineering team has begun a project to design a new, larger horsepower outboard motor, targeted to perform up to 400 HP continuous and 600 HP peak equivalents.
JAGX

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08:45 EDT Jaguar Health submits IND application for NP-300 - Jaguar Health announced the submission by the Company's wholly owned subsidiary, Napo Pharmaceuticals, of an Investigational New Drug application to the U.S. Food and Drug Administration for Napo's NP-300 drug product candidate for the symptomatic relief of diarrhea from cholera. Upon approval of NP-300 for the symptomatic relief of diarrhea from cholera, the Company intends to pursue a Tropical Disease Priority Review Voucher under the FDA's financial incentive program to develop NP-300 for this indication. Priority review vouchers are transferable, and in past transactions by other companies have sold for values ranging from $67 million to $350 million, which provides for a potential immediate return on investment upon approval of NP-300 for the cholera-related diarrhea indication. As part of a $6.0 million financing agreement with Streeterville Capital in 2021, providing Streeterville the right to 18% of the gross proceeds from the sale of a possible TDPRV, Jaguar was previously subject to a requirement to initiate a Phase 1 clinical trial of NP-300 for the cholera-related diarrhea indication by September 30, 2022.
GNLN

Hot Stocks

08:44 EDT Greenlane regains compliance with Nasdaq listing requirements - Greenlane Holdings received notice from The Nasdaq Stock Market on August 24, 2022 informing Greenlane that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Global Market. Consequently, Greenlane is now in compliance with all applicable listing standards and its Class A common stock will continue to be listed on The Nasdaq Global Market. Greenlane was previously notified by Nasdaq on February 25, 2022 that it was not in compliance with the minimum bid price rule because its Class A common stock failed to meet the closing bid price of $1.00 or more for 30 consecutive business days. To regain compliance with the minimum bid price rule, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. This requirement was met on August 24, 2022, the eleventh consecutive trading day that the closing bid price of the Company's Class A common stock was over $1.00.
CNXA

Hot Stocks

08:43 EDT Connexa Sports expands technology footprint in NBA - Connexa Sports Technologies announces further expansion within the National Basketball Association, NBA. PlaySight's connected camera platform has become the standard for multi-angle practice and performance video throughout the league and across professional sports. After several new teams partnered with the company this past off-season, there are now 18 NBA organizations that rely on PlaySight technology for daily practice, scouting and player development video needs. "We acquired PlaySight for their proven tech, their reputation throughout sport, and their positioning at the leading-edge of sports tech innovation," said Connexa Sports CEO Mike Ballardie. "The fact that so many NBA teams use them and rely on the tech daily is a testament to the technology and the talent on the R&D team."
MDGS

Hot Stocks

08:43 EDT Medigus says Gix reports 1H rvenues of $43.4M vs. $16.3M last year - "Increasing our ownership in Gix, was one of our main focuses over the past year, mainly due to our trust in Gix's ability to grow. We are excited about Gix's financial results and believe in its future and its continued growth", commented Liron Carmel, Medigus Chief Executive Officer.
MYO

Hot Stocks

08:43 EDT Myomo gets $120K VA medical center order for MyoPro units - Myomo announced receipt of a $120,000 order for MyoPro units from Cleveland's Louis Stokes Veterans Administration Medical Center. The units will be used in an investigator-initiated, randomized clinical trial led by Svetlana Pundik, M.D., Assistant Professor, Department of Neurology, Case Western Reserve University School of Medicine and Director, Brain Plasticity and Neural Recovery Research Laboratory and Staff Neurologist, Louis Stokes Cleveland VA Medical Center. This independent study is further supported by the VA's Office of Research and Development. Revenue associated with the delivery of these units is expected to begin to be realized in the coming months as study subjects are fitted with their devices. The primary objective of this trial is to study the efficacy of the MyoPro in motor learning-based therapy for individuals with chronic stroke with severe upper limb motor deficits , compared with motor learning-based therapy alone. "This study by the Cleveland VA represents an important addition to the established body of evidence documenting the benefits of MyoPro," said Harry Kovelman, M.D., Chief Medical Officer of Myomo. "Randomized clinical trials represent the highest level of research as viewed by clinical professionals and third-party payers. We look forward to sharing the evidence Dr. Pundik and her colleagues will provide in this new study to assess the efficacy of using the Myopro in motor learning-based therapy for individuals suffering with severe upper limb deficits resulting from chronic stroke."
WLFC

Hot Stocks

08:42 EDT Willis Lease subsidiary selected by Peach Aviation Limited - Willis Lease Finance announced that its wholly owned subsidiary, Willis Asset Management, has been selected by Peach Aviation Limited as its dedicated aircraft CAMO provider in support of A320 aircraft redeliveries taking place at various Maintenance, Repair & Overhauls, MROs, in Asia and Europe. "Willis Lease, and our subsidiaries, are well placed to support our customers with fleet transitions due to our broad capabilities, ranging from CAMO and airframe maintenance to fleet purchases and engine exchanges. We are honored to have been selected by Peach and look forward to exceeding their expectations," said Austin Willis, CEO of Willis Lease.
MMMB

Hot Stocks

08:41 EDT MamaMancini's announces 6,500 new product placements - MamaMancini's Holdings announced that it has secured new customer authorizations representing 6,500 product placements on retailer and convenience store shelves, with shipments to begin in late September and October 2022.The new retailer commitments secured include Key Foods; BJ's Club Stores; Shop Rite; Meijer; Schnucks Supermarkets; and Dutch Farms, a distributor in the Chicago market. The new placements are largely expected to begin shipment from late September through October 2022. Products authorized include an assortment of 14 products from T&L Creative Salads, including paninis, salads, grilled chicken, breaded chicken and wraps; six MamaMancini's Meals for One variations as well as MamaMancini's Original Meatballs in a Cup, meat loaf with tangy sauce and bacon jam meat loaf.
GNLN

Hot Stocks

08:41 EDT Greenlane regains compliance with Nasdaq - Greenlane announced that it received notice from Nasdaq informing Greenlane that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550 for continued listing on The Nasdaq Global Market. Consequently, Greenlane is now in compliance with all applicable listing standards and its Class A common stock will continue to be listed on The Nasdaq Global Market.
EJH

Hot Stocks

08:40 EDT E-Home Household Service announces launch of development of BAO TAO - E-Home Household Service announces that it has begun development of BAO TAO, a proprietary all-in-one home services tool meant to simplify daily household management. BAO TAO is the result of E-Home leveraging its recently acquired Chuangying Business Technology Co.'s technological knowhow to modernize and expand access to household services. The new application seeks to redefine the Company's approach to AI technology in enterprise and household cleaning as well as waste and inventory management. Wenshan Xie, Chairman and CEO of E-Home, commented: "Technology moves fast and all of us at E-Home understand how important it is to stay up to date. Companies like Amazon and Google have shown us that smart devices such as Alexa can be instrumental in changing the way we approach home and office management. This is why it is a great pleasure to announce BAO TAO, a tool that helps push E-Home to the forefront of household management and allows us to offer unparalleled service to customers. BAO TAO is easy to integrate, can be operated solely by voice command and could be utilized in a variety of settings, such as the home and office."
PWFL

Hot Stocks

08:39 EDT PowerFleet reaches 3,000 industrial segment customers - PowerFleet announced that it has crossed the threshold of 3,000 industrial segment customers and grew its revenue by 12 percent in the US industrial market for the first half of 2022, compared to the prior year period. The milestone cements PowerFleet's position as the market leader in the Industrial telemetry segment of the IoT market and is an indicator that the industry is increasingly seeking enterprise technology solutions to drive improved safety and productivity across business operations. PowerFleet is also expanding at pace its Industrial solution capabilities for launch into Latin America, Israel and the Middle East, as well as developing further into Europe.
IAA

Hot Stocks

08:39 EDT IAA opens new branch in New Jersey, increases capacity by over 30% - IAA announced the opening of a IAA Port Murray branch. As its sixth branch in New Jersey, the Port Murray facility increases IAA's capacity by more than 30% in the state. This follows several recent strategic investments that have more than doubled IAA's capacity in New Jersey in the past five years. Features of this new location include Vehicle Inspection Center space, a dedicated VIC drop zone area, and covered motorcycle storage. Customers and employees will also have additional meeting and training space with conference rooms.
GURE

Hot Stocks

08:39 EDT Gulf Resources expects 2023 bromine and crude salt segment revenues to increase - Based on information currently at hand, revenues and earnings in 2023 for bromine and crude salt segments are projected to increase from the estimates in 2022. The Company currently believes that 2023 will benefit from: The production of factory #8, which may add approximately by 20% to annual production capacity of operating factories at this time; More days of additional production. With Chinese New Year coming earlier in 2023, there will be more production days in the first quarter, and with Chinese New Year coming later in 2024 there should be more production days in the 4th quarter; Fewer closings for inspections as if COVID is expected to abate somewhat; Continued strength in pricing, as the closure of many factories has lowered supply, while the decline of the RMB versus the USD and other currencies has made imports more expensive; The Company also believes it may get permission to open another factory in 2023, but this factory is not included in these projections.
GURE

Hot Stocks

08:39 EDT Gulf Resources sees FY22 bromine and crude salt segment revenue $62M-$63.7M - For the full year ending 12/31/2022, the bromine and crude salt segments are projected to generate revenues of approximately $62.0 million to $63.7 million, an increase of approximately 12.7% to 15.8% from that of the previous year. The Company estimates that there will be fewer days of operation in the fourth quarter 2022 as compared to last year due to the earlier Chinese New Year. In addition, because of the current softness in the Chinese economy and for purposes of conservatism, the Company is assuming the selling pricing in the fourth quarter of 2022 will be below the fourth quarter of 2021. Profit before income tax is projected to be approximately $20.0 million to $21.5 million, an increase of 63.9% to 76.2% from that in the previous year.
GURE

Hot Stocks

08:38 EDT Gulf Resources sees Q3 bromine and crude salt segment revenue $20M-$21.8M - For the third quarter ending 9/30/2022, the bromine and crude salt segments are projected to generate revenues of approximately $20.0 million to $21.8 million, an increase of approximately 12.4% to 22.5% from that of the previous year. Profit before income tax is expected to be approximately $ 9.0 million to $10.3 million, an increase of approximately 20.0% to 37.3% from that in the previous year.
MEDS

Hot Stocks

08:38 EDT Trxade Health launches next day delivery service - TRxADE HEALTH announced the launch of the Trxade Prime Plus program via its pharmaceutical wholesale business subsidiary, Integra Pharma Solutions, to allow its member pharmacies better access to over 20,000 pharmaceutical products available for next day delivery without them incurring any additional shipping costs. The Company, which distributes generic and brand medications directly in 34 states through its warehouse operations, will now offer pharmacies improved supply chain logistics. The new program offering signifies TRxADE's commitment to its network of independent pharmacies by optimizing pharmaceutical distribution while simultaneously lowering product costs via its proprietary technology platform.
BOSC

Hot Stocks

08:38 EDT BOS Better Online Solutions' Supply Chain Division receives $850,000 order - BOS Better Online Solutions announced that its Supply Chain Division has received an order in the amount of $850,000, for delivery during year 2023.
ALSN

Hot Stocks

08:38 EDT Allison Transmission announces hydrogen fuel cell, CNG testing availability - Allison Transmission announced the availability of hydrogen fuel cell and compressed natural gas, or CNG, testing at its Vehicle Electrification + Environmental Test Center. The company has completed the installation of two phases of hydrogen capabilities. Phase one provides the ability to safely detect and manage hydrogen gas or flames in the test cell. This same system is also capable of detection and management of CNG power plants. Phase two includes a low pressure, constant supply of hydrogen directly fed into the vehicle's fuel cell, providing extended test runs while minimizing downtime for re-fueling. These testing capabilities represent Allison's commitment to innovation and taking a leadership role in the development of alternative fuel options for the commercial vehicle industry.
MYMD

Hot Stocks

08:37 EDT MyMD receives grant from European patent office for Supera-CBD compound - MyMD Pharmaceuticals, announced that it received a decision to grant from the European Patent Office in its application no. EP 3755318 A1. The allowed claims cover MyMD's Supera-CBD compound as a new molecular entity and pharmaceutical formulations containing the compound. "We are excited that another major patent office has acknowledged the superior ability of Supera-CBD to selectively bind with the CB2 receptor, which could potentially offer a breakthrough drug for the treatment of indications such as pain and anxiety," commented Chris Chapman, M.D., President, Director, and Chief Medical Officer. "This news, along with the ongoing clinical development of lead compound, MYMD-1, demonstrates the continued progress MyMD has made this year in advancing these two products." MYMD-1, an oral selective inhibitor of tumor necrosis factor-alpha, TNF-alpha, that drives chronic inflammation, is being studied to slow the aging process, prevent sarcopenia and frailty, and extend healthy lifespan. A Phase 2 multi-center double-blind, placebo controlled, randomized study (NCT05283486) to investigate the efficacy, tolerability and pharmacokinetics of MYMD-1 in the treatment of chronic inflammation associated with sarcopenia/frailty is currently ongoing. The company's scientific review committee met recently and agreed to move to the next higher dose in the study. The upcoming patent grant adds to the company's growing portfolio that already includes patents in the US, Australia, Canada, Israel, and South Korea for Supera-CBD and its therapeutic uses.
NEWT

Hot Stocks

08:37 EDT Newtek Business Services CEO comments on Q3 dividend of 65c per share - Newtek Business Services Corp. provides Newtek CEO's, Barry Sloane, comments on the declaration of Newtek's third quarter 2022 cash dividend of $0.65 per share. Barry Sloane, President, Chairman and CEO commented, "We are pleased to announce the declaration of our third quarter dividend of $0.65 per share, which is payable on September 30, 2022 to shareholders of record as of September 20, 2022. With a little over four months remaining in 2022, we remain confident in our previously forecasted full year 2022 dividend guidance in the range of $2.40 per share to $2.90 per share. We believe the dividend forecast is indicative of the historic success of our business model and management's anticipation of a very active finish to 2022. We remain confident in our dividend forecast even with the Federal Reserve tightening interest rates and the expected continued market volatility for the remainder of 2022. Our weighted average net gain-on sale margins for SBA 7(a) loans remain under pressure due to lagging Prime rate increases by the Federal Reserve Bank, but we are hopeful the lag will dissipate. In fact, since July, we have seen an improvement in average net gain-on-sale margins. In addition, consumer spending continues to be strong bolstering our payments business as well as our portfolio of loan credits. As we have previously announced, we are awaiting decisions from the regulators on our applications to acquire the National Bank of New York City, and anticipate receipt of regulatory approvals in the third or fourth quarter of 2022. Important to note, that even with this anticipated timetable we remain confident in our annual dividend forecast as we plan for wrapping up our affairs as a BDC, and currently expect to maintain ours status as a BDC through the end of the fourth quarter of 2022."
OSIS

Hot Stocks

08:36 EDT OSI Systems receives $22M security division order - OSI Systems announced that its security division has received an order valued at approximately $22M to provide comprehensive service, maintenance, and spare parts support for various Rapiscan cargo and vehicle inspection systems deployed internationally.
GYRO

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08:36 EDT Star Equity Fund: 'abundantly clear' Gyrodyne board lacks shareholder support - The fund said, "Star Equity Fund responds to the results of Gyrodyne's 2022 Annual General Meeting of Shareholders where the majority of Gyrodyne shareholders voted in solidarity with our views. On August 1, we issued a press release announcing our intentions to vote WITHHOLD on the re-election of incumbent board members Paul Lamb and Richard Smith due to their track record of poor corporate governance at Gyrodyne. We also announced our intention to vote AGAINST the Company's executive compensation as a signal to Gyrodyne's incumbent board of directors on the poor structure of its Retention Bonus Plan. Furthermore, proxy advisory firms ISS and Glass Lewis both independently recommended voting in line with our announced intentions On August 24, 2022, the Company held its AGM, and a staggering 56% of votes cast voted WITHHOLD on the reelection of both Lamb and Smith. This WITHHOLD rate represents a continuation of growing shareholder frustration, having increased from 34% in 2020 to 40% in 2021. In fact, many companies have auto-resignation provisions in their bylaws requiring resignation if the WITHHOLD vote is greater than 50%. In addition, 57% of votes cast voted against the approval of the Company's executive compensation in a non-binding advisory vote, another sign of significant shareholder frustration. It is abundantly clear that Gyrodyne's Board lacks shareholder support. For years, shareholders have endured value destruction and neglect at the hands of a misaligned Board, who receives an egregious 65% of the payout under the Bonus Plan. Additionally, the Board has amended the Bonus Plan so that it cannot be materially modified, suspended, or terminated and has done so without shareholder approval. We believe this plan unfairly benefits a poorly performing Board to the detriment of shareholders, and the Company's Board and management should instead own stock. We continue to believe the Board is incentivized to protract the dissolution of the Company because they receive compensation in the interim and are more concerned with maximizing their bonus payout under the Bonus Plan rather than maximizing net present value for shareholders. Although we are pleased that shareholders voted in alignment with our views, this is only a first step. We maintain our commitment to advocate for the interests of all Gyrodyne shareholders and remain ready to act accordingly in the future."
HOFV

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08:35 EDT Hall of Fame Resort & Entertainment sells The Perfect 10 sports documentary - Hall of Fame Village Media announced it has sold the long-anticipated sports documentary, The Perfect 10, and that it will co-produce the film with Fox Sports Films, which shines a spotlight on the only 10 football icons who have achieved winning the Heisman Trophy and being enshrined in the Pro Football Hall of Fame.
DERM RDY

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08:34 EDT Journey Medical announces 50% enrollment milestone achieved in Phase 3 trial - Journey Medical (DERM) announced that it has enrolled and randomized over 50 percent of the patients in its Phase 3 clinical program to assess the safety, efficacy and tolerability of DFD-29 for the treatment of papulopustular rosacea. The Phase 3 clinical trials are part of a collaboration with Dr. Reddy's Laboratories (RDY) for the ongoing development and commercialization of the DFD-29 program. Claude Maraoui, Co-Founder, President and Chief Executive Officer of Journey Medical, stated, "We are very pleased to have enrolled over 50 percent of the patients in our DFD-29 Phase 3 clinical program, an important milestone for Journey Medical. In a Phase 2 multicenter clinical trial, DFD-29 achieved nearly double the efficacy compared to doxycycline capsules 40 mg on reducing total inflammatory lesions and Investigator's Global Assessment ("IGA") treatment success. As such, data to date suggests the potential of DFD-29 as a more effective treatment option that we hope to provide for the millions of patients worldwide who suffer with rosacea. We look forward to announcing topline data in the first half of 2023, with a New Drug Application ("NDA") filing subsequently expected in the second half of 2023. After approval, we anticipate DFD-29 achieving peak annual net sales in excess of $100 million." The DFD-29 Phase 3 clinical program consists of two multicenter, randomized, double-blind, parallel-group, active-comparator and placebo-controlled clinical trials, MVOR-01 and MVOR-02. Over 50 percent of the combined enrollment target of 640 total adult patients with moderate to severe papulopustular rosacea have been enrolled in the trials. The primary objective is to evaluate the safety, efficacy and tolerability of DFD-29 compared to placebo for the treatment of PPR. The secondary objective is to evaluate the safety, efficacy and tolerability of DFD-29 compared to Oracea. To date, no major safety issues have been reported, and no drug-related serious adverse events have been observed. Data published in The Journal of Clinical and Aesthetic Dermatology determined DFD-29 40 mg demonstrated significantly greater efficacy than doxycycline 40 mg, placebo and DFD-29 20 mg for the treatment of PPR in a Phase 2 clinical study. DFD-29 40 mg demonstrated statistical significance compared to both placebo and doxycycline 40 mg on both co-primary endpoints-proportion of subjects with IGA treatment success and total inflammatory lesion count reduction from baseline to week 16.
AURX

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08:34 EDT Nuo Therapeutics provides corporate, business update - Nuo Therapeutics announced an initial corporate and business update since re-establishing fully available commercial operations in the second quarter of this year. Notable recent highlights include: An equity agreement with Pacific Medical, Inc. dated August 24, 2022 by which Pacific Medical will purchase $500,000 of Nuo common stock and potentially acquire up to 1,250,000 additional shares of Nuo common stock in conjunction with a broader arrangement that substantially incentivizes the Pacific Medical team to deliver strong performance in the distribution and sale of the Aurix product. The Current Report on Form 8-K filed today by Nuo with the SEC describes more fully the equity opportunities tied to sales milestones that should support the alignment of Nuo and Pacific Medical efforts to provide patient access to the Aurix System. Distribution agreements are in place with ten separate entities, the largest of which is Pacific Medical having in excess of 40 representatives with experience in the blood-based biologics and wound care space. These distributor partners are now fully trained on the Aurix product and are beginning engagement with potential physician and hospital facility customers. Including the $500,000 investment from Pacific Medical noted above, Nuo has raised approximately $4.5 million in working capital equity this year which Nuo believes is sufficient to position the Aurix product as a foundational cash flow positive asset. This investment will allow Nuo to deliver effective clinical outcomes in the treatment of chronic wounds, while substantially advancing the business opportunity and positioning Nuo for future success. As a result of the resumption of Nuo's periodic financial reporting with the Securities and Exchange Commission, Nuo applied and has been approved for quotation and trading on the OTCQB Venture Market tier at www.otcmarkets.com. While being focused on business execution presently, Nuo believes that an uplisting to a national securities exchange will be a viable option at the appropriate time. There can be no assurance however that a successful listing on a national securities exchange will take place. The re-launch of a commercially available Aurix product became possible due to the April 2021 issuance of the favorable national coverage decision for blood-based products that have an FDA indication for use in the management of chronic wounds. Market estimates for 2022 indicate the North American market for advanced wound care products will total approximately $3.6 billion while the prevalence of the three major chronic wound etiologies - diabetic foot ulcers, venous ulcers, and pressure ulcers - continues to increase. The size of the U.S. population expected to have diabetes is estimated to exceed 40 million individuals by the early 2030's and nearly 20% of Medicare age diabetes patients have non-healing foot ulcers. Due to the increasing prevalence of chronic wounds, the advanced wound care market in the U.S. appears poised for continued change as the increasing spend in the space has not translated into improved healing on a broad scale. Centers for Medicare & Medicaid Services has recently proposed changes to the overall mechanism for Medicare reimbursement of cellular and tissue-based products, commonly referred to as skin substitutes, that could have a significant impact on the usage and delivery of advanced therapy products in the future.
CI

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08:31 EDT Cigna names Dr. David Brailer as EVP, Chief Health Officer - Cigna announced that Dr. David Brailer, M.D., Ph.D. will join the company as Executive Vice President and Chief Health Officer in early September. As Cigna's first Chief Health Officer, Dr. Brailer will focus on bringing together the company's products, technologies, and services in new and innovative ways to drive more value and help people improve their overall health and vitality. Dr. Brailer will report to David Cordani, Cigna Chairman and CEO, and will serve on the company's Enterprise Leadership Team.
SYTA

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08:27 EDT Siyata Mobile announces ramp up for SD7 devices, accessories - Siyata Mobile announces that it is in the process of ramping up sales of its next-generation MCPTT SD7 device, as well as the VK7 and Rapid Kit companion devices to numerous customers across multiple verticals including private security firms, police, emergency medical services, National Guard, school districts, hospitals/health clinics, a major theme park and others. In addition, demos have started or are about to begin with a defense contractor, several state patrols and various government agencies. In addition multiple trials are now converting into initial deployments of the SD7 and its companion products, the VK7 and Rapid Kit, and the Company expects to receive larger purchase orders as customers continue to engage with the product.
NVDA DELL

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08:25 EDT Nvidia, Dell Technologies deliver new data center solution - NVIDIA (NVDA) announced a new data center solution with Dell Technologies (DELL) designed for the era of AI, bringing state-of-the-art AI training, AI inference, data processing, data science and zero-trust security capabilities to enterprises worldwide. The solution combines Dell PowerEdge servers with NVIDIA BlueField DPUs, NVIDIA GPUs and NVIDIA AI Enterprise software, and is optimized for VMware vSphere 8 enterprise workload platform. Running on BlueField, vSphere 8 supercharges the performance of workloads. By offloading to the DPU, customers can accelerate networking and security services, and save CPU cycles while preserving performance and meeting the throughput and latency needs of modern distributed workloads. The combination increases performance and efficiency, simplifies operations and boosts infrastructure security for data center, edge, cloud and hybrid environments.
BMRA

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08:24 EDT Biomerica plans launch of InFoods IBS test, names Carlson CCO - Biomerica announced plans to launch its InFoods IBS test before calendar year end. The test will be performed in a CLIA-certified, high-complexity laboratory facility and offered as a laboratory developed test. The Company further announced it has hired Robert Carlson to serve as the Company's Chief Commercial Officer, CCO, in preparation for the launch of InFoods IBS. Following the successful completion and positive results from the Company's InFoods IBS clinical trial, Biomerica has received significant interest from Gastroenterology physicians who would like to order the InFoods IBS test for their patients immediately. Therefore, in parallel with the Company's existing strategy to seek FDA marketing authorization, it is now also preparing to launch InFoods IBS as an LDT through a CLIA-certified, high-complexity laboratory, to provide patient test results to assist GI physicians in treating their IBS patients. The commercial launch of the InFoods IBS test is expected before calendar year-end 2022. Carlson will manage the immediate logistics of the LDT launch, and drive the mid-term InFoods IBS commercialization strategy including national reimbursement and FDA marketing authorization. Carlson is the former Chief Commercial Officer, Vice President and head of sales, marketing, and corporate development at Prometheus Laboratories.
GIW

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08:24 EDT GigInternational1, Convalt Energy announce exclusive term sheet for combination - GigInternational1, a publicly traded special purpose acquisition company, and Convalt Energy announced that they have entered into a non-binding term sheet, with the goal of completing a business combination resulting in Convalt becoming a publicly traded renewable, manufacturing and power generating company. "In 2021, Convalt purchased the manufacturing assets of SunPower Corporation and relocated the automated assembly lines from Hillsboro, Oregon to Watertown, New York, where a new factory capable of producing up to 900 MW of solar panels is expected to be operational in the third quarter of 2023. With significant local community and political and financial support from Jefferson County and the State of New York and now with the Inflation Reduction Act bill, Convalt has invested in power generation projects in upstate New York and Maine and expects these assets to provide clean, renewable power to the local communities and the electric grid by year end 2023. Convalt's engineering and construction division currently engages in build-outs of power generation facilities for corporate and utility customers. Convalt expects to employ about 400 people including former military personnel especially from the nearby Fort Drum Army Reserve," the companies said.
IMMP

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08:22 EDT Immutep granted Japanese patent for eftilagimod alpha - Immutep announced the grant of a new patent entitled "Combined Preparations for the Treatment of Cancer or Infection" by the Japanese Patent Office. This new Japanese patent follows the grant of the corresponding Australian, European, United States and Chinese patents announced in 2018 through 2022. The claims of the new patent protect Immutep's intellectual property relating to combined therapeutic preparations comprising its lead active immunotherapy candidate eftilagimod alpha, which is a LAG-3 fusion protein, and an anti-PD-(L)1 antibody. The claims are also directed to related methods of use in the treatment of cancer and infection. In addition to broader style claims, the granted claims include narrower claims drawn to specific combinations of efti with various approved PD-(L)1 antibodies. In all, the claims provide comprehensive coverage of both combination products and combination therapies comprising efti and an anti-PD-(L)1 antibody. The patent expiry date is 8 January 2036.
CRNC MSFT

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08:22 EDT Cerence announces collaboration with Microsoft - Cerence (CRNC) announced it is collaborating with Microsoft (MSFT) to bring Microsoft's communication and productivity tools, including key Microsoft Teams features, into the car to support an AI-powered, voice-first experience. "This new collaboration brings the power of Microsoft Azure Communication Services to Cerence-powered automotive assistants, empowering professionals with conversational AI-enabled, hands-free access to key Microsoft productivity capabilities, including Teams, while on-the-go," the company said. For automakers, Cerence and Microsoft's integrated solution enables a simple, streamlined implementation. "Consumers have expansive digital lives that touch a variety of services and platforms daily, and when it comes to work and productivity, Microsoft is one of the clear market leaders," said Stefan Ortmanns, CEO, Cerence. "With Microsoft tools and capabilities in Cerence-powered automotive assistants, we're uniquely extending the work sector of drivers' digital lives into the car, enhancing their safety and productivity on the road and maximizing their efficiency no matter where they are - all through the power of voice interaction."
PSFE

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08:21 EDT Paysafe appoints Alex Gersh as new CFO - Paysafe has appointed Alex Gersh as its new Chief Financial Officer. Gersh joins the company on October 3, 2022, and will report into Paysafe CEO, Bruce Lowthers. "Gersh joins Paysafe from Sportradar, the leading global sports technology company creating immersive experiences for sports fans and bettors, where he built a high performing finance function and successfully led the company's IPO on NASDAQ in September last year" said the statement
NTAP...

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08:21 EDT NetApp teams with Amazon, VMware to modernize and scale cloud workloads - NetApp (NTAP) announced the general availability of Amazon FSx (AMZN) for NetApp Ontap with VMware Cloud (VMW) on AWS, the first and only native AWS cloud storage service certified and supported as a supplemental datastore for VMware Cloud on AWS. With this new datastore solution, enterprises can move their enterprise, data-demanding workloads to VMware Cloud on AWS. This allows organizations to scale cloud storage independent of cloud compute to optimize costs, deploy new modern applications with the speed and scalability of the cloud, and maximize the value of their existing IT investments. Additionally, organizations can gain access to the rich data management, protection, and efficiency benefits of Ontap utilized by nearly twenty thousand VMware customers running on-premises.
AIP

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08:20 EDT Arteris IP collaborates with SiMa.ai to optimize ML implementation - Arteris announced its collaboration with SiMa.ai integrating the Arteris highly adaptable FlexNoC interconnect IP into the SiMa.ai Machine Learning System-on-Chip. The joint work enables customers to meet the high speed and low latency requirements necessary for implementing AI/ML computing at the edge. Arteris interconnect IP capabilities enable SiMa.ai's SoC and ML accelerator IPs to connect seamlessly and efficiently, which is critical to delivering a push-button experience that SiMa.ai customers need.
INAB

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08:20 EDT In8bio director buys $103K in common stock - In a regulatory filing, In8bio disclosed that its director Leslie Kreis bought 51.2K shares of common stock on August 26 in a total transaction size of $103K.
EOLS

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08:20 EDT Evolus names Sandra Beaver as CFO - Evolus has named Sandra Beaver as its Chief Financial Officer, effective September 5. Ms. Beaver brings more than 20 years of financial experience, driving company growth through strategic planning, long-range forecasting, executing corporate development and capital markets transactions, and improving operational efficiency.
IDCC

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08:20 EDT InterDigital nominates Derek Aberle to board of directors - InterDigital, announced the nomination of Derek Aberle to the company's Board of Directors. Aberle currently is Co-founder and Executive Vice Chairman of XCOM Labs, a company focused on developing and commercializing advanced wireless and Metaverse technologies.
EZFL

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08:19 EDT EzFill announces geographic expansion into West Coast Florida market - EzFill Holdings announced the expansion in the West coast of Florida, specifically the Gulf of Mexico region of Tampa Bay. "In a very short amount of time, we have been able to secure over 11 brand new fleet customers to our service offering. This includes one of the largest grocers within the country where our service commitment to them includes hundreds of thousands of gallons of fuel per year covered by two fills per day, seven days per week," says EzFill Chief Commercial Officer, Rick Dery. "After only several weeks, the EzFill portfolio of business in the Tampa Bay area includes servicing over 160 commercial vehicles that will utilize approximately 600,000 gallons of fuel per year ... and we're continuing to grow." continued Dery.
VLN

Hot Stocks

08:19 EDT Valens Semiconductor and Leopard Imaging partner to design camera module - Valens Semiconductor and Leopard Imaging, a global leader in embedded vision systems design and manufacturing, announced that they have partnered to design a camera module that will enable automotive OEMs and Tier 1s to significantly reduce time to market for their A-PHY-based systems. Since its release by the MIPI Alliance, the A-PHY standard, also adopted by the IEEE in 2021, has garnered significant momentum within the automotive industry.
AMD VMW

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08:18 EDT AMD Pensado DPUs to support VMware vSphere 8 - AMD (AMD) announced that the AMD Pensando Distributed Services Card will be one of the first DPU solutions to support VMware (VMW) vSphere 8 available from leading server vendors including Dell Technologies, HPE and Lenovo.
PSFE

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08:18 EDT Paysafe - Paysafe has appointed Alex Gersh as its new Chief Financial Officer. Gersh joins the company on October 3, 2022, and will report into Paysafe CEO, Bruce Lowthers. "Gersh joins Paysafe from Sportradar, the leading global sports technology company creating immersive experiences for sports fans and bettors, where he built a high performing finance function and successfully led the company's IPO on NASDAQ in September last year" said the statement
FSLR

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08:18 EDT First Solar to invest up to $1.2B to scale production of PV solar modules - First Solar announced that it plans to invest up to $1.2B in scaling production of American-made, photovoltaic, or PV, solar modules, directly supporting the country's transition to a decarbonized future and enabling the fight against climate change. The investment is forecast to expand the company's ability to produce American-made solar modules for the U.S. solar market to over 10 gigawatts, or GW, DC by 2025. As part of its push to scale U.S. production of solar modules, the company intends to build its fourth, fully vertically integrated domestic factory, with an annual capacity of 3.5 GWDC, in the U.S. Southeast. First Solar, the only US-headquartered company among the world's ten largest solar manufacturers, expects to invest up to $1B in the new factory, which, contingent upon permitting and pending approval of various federal, state, regional, and local incentives, is expected to commence operations in 2025. Additionally, the company will invest $185M in upgrading and expanding its Northwest Ohio manufacturing footprint, currently the largest vertically-integrated complex of its kind in the Western Hemisphere, by 0.9 GWDC. As part of its plans, First Solar will invest in expanding the capacity of its two operating facilities in Perrysburg and Lake Township, Ohio, by 0.6 GWDC to 3.6 GWDC of annual Series 6 module capacity. The company will also expand its third Ohio factory, expected to be commissioned in the first half of 2023, to 3.5 GWDC of annual Series 7 module capacity. The expansion will increase First Solar's total investment in its Ohio manufacturing facilities to over $3B, with a cumulative annual production capacity of over 7 GWDC by 2025. First Solar estimates that the new investment will add at least 850 new manufacturing jobs, taking its total number of direct jobs in the US to over 3,000 people in four states by 2025, which is believed to make it the largest employer in the American solar manufacturing sector. By 2025, First Solar is also expected to support an estimated 15,000 indirect and induced jobs as a result of its ongoing and future manufacturing operations.
GENE

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08:17 EDT Genetic Technologies provides a review of the year - Genetic Technologies reports annual results for the year ended June 30, 2022. "It has been an exciting 12 months focused on our commercialisation journey. We now have the most comprehensive portfolio of genetic based tests available for individuals and animals... This year we have transformed from an R&D organisation with one polygenic risk test to an organisation with revenues anchored in 3 brands: geneType, EasyDNA and AffinityDNA. Highlighting our commercial progress, the company announces revenues for the year ended June 30, 2022, of A$6.674 million, an increase of 5,536% when compared with 2021... Our patented geneType Multi-Risk Test is pioneering in risk assessment by combining genetic and clinical risk models with cutting-edge research. We're leading a personalised healthcare revolution... To support the launch of geneType and to drive the tests' adoption we have undertaken a number of strategic initiatives. In the US we have initiated a number of key strategies, with the appointment of an experienced VP of Business Development, John Haslet... An important element in driving revenue through these channels is obtaining reimbursement for the geneType tests. Our first step in obtaining reimbursement was completed earlier this year with finalisation of a budget impact model... The importance of these results cannot be underestimated, they provide a very compelling case for US payers to reimburse the geneType Breast Cancer Risk Assessment Test. We now have more than 10 active discussions with payer groups with the goal to obtain coverage for the test. In Australia we have appointed a virtual sales team supported by Hahn Health, now part of global DKSH Group, to promote geneType to Australian medical practitioners... Our scientific team have been very busy. In the last year the company has had 10 patents granted and 5 new provisional patents filed. The team has four publications published in peer reviewed journals with a further three papers submitted and under review... In the coming year we are focussed on four key areas: Driving revenue and commercialisation of the geneType suite of tests, expanding on the commencement of the initiatives outlined; Driving growth in the EasyDNA and AffinityDNA brands with new tests, new markets and new channels; Continuing the demonstration of the clinical utility of the geneType tests with our highly engaged scientific and medical advisors and robust patent and publication strategy; A focus on innovation with the introduction and assessment of new divisions; We have the most comprehensive portfolio of testing available; we now offer more than 50 tests across 14 categories with future revenues anchored in our three brands; geneType, EasyDNA and Affinity DNA."
DZSI

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08:16 EDT DZS announces availability of M4000 edge aggregation, mobile transport system - DZS announced the availability of its M4000 high-performance edge aggregation and mobile transport system. The M4000 offers Software Defined Networking enabled flexibility for both 5G xHaul and network edge traffic aggregation applications. Optimized for network edge deployments with a compact form factor and environmentally hardened design, the DZS M4000 supports advanced low-latency high-capacity switching, synchronization and Quality of Service requirements for complex 5G and Open RAN networks.
TLLTF

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08:13 EDT Tilt receive approval to launch cannabis operations at Massachusetts dispensary - TILT Holdings announced its subsidiary, Commonwealth Alternative Care, CAC, has passed its final inspection and received approval from the Massachusetts Cannabis Control Commission, CCC, to Commence Operations for the medical use of marijuana at its Cambridge dispensary. "Located right in the heart of Inman Square, we are excited to open the doors of our third medical dispensary in Massachusetts this week, just before the holiday long weekend," said Gary Santo, Chief Executive Officer of TILT. "Adding Cambridge to our existing retail facilities in Brockton and Taunton strengthens TILT's position as a resource throughout patients' cannabis journeys. With the addition of home delivery at all of our locations, we are able to expand access to our distinctive portfolio of CAC and brand-partner products to those communities and beyond and look forward to welcoming new patients. We anticipate a grand opening celebration in September during Boston Cannabis Week."
OTMO

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08:13 EDT Th Floow expands North American team to support business growth - Otonomo Technologies announced that The Floow has expanded its team across strategy, sales, client services and marketing to drive continued growth and support of the North American market. Following its acquisition by Otonomo in early 2022, The Floow has seen strong demand for the fusion of connected vehicle data and cutting-edge mobile technology that will radically transform the insurance industry. To support business expansion, The Floow has announced the appointments of Jim Cook as vice president of North American sales, Julie Sehrt as senior director of client development, Luciana Chamberlain as product marketing manager and Scott Himowitz as marketing programs manager. The Floow also announced the promotion of Danny Maco to senior vice president of commercial lines and U.S. strategic products.
VMW AMZN

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08:13 EDT VMware, Amazon team on helping customers migrate and modernize enterprise - Amazon Web Services an Amazon.com company ( AMZN), and VMware, Inc. (VMW) are showcasing the continued innovation and customer value the companies are delivering together. New capabilities in the jointly engineered VMware Cloud on AWS service and broad availability of VMware Cross-Cloud services on AWS Marketplace help customers accelerate moving VMware workloads to a more modern and secure infrastructure in AWS to support enterprise cloud transformation. Whether it's by choice or by compelling events like the COVID-19 pandemic, business leaders are looking for ways to speed up their digital transformation and thrive in this era of fast-moving disruption. That's why VMware and AWS remain fully committed to meeting the needs of customers through the companies' unique joint work.
TWTR

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08:11 EDT Twitter says Musk's purported termination 'invalid and wrongful' under agreement - As previously disclosed, on July 8, Twitter received a notice of purported termination of the agreement and plan of merger, dated as of April 25, by and among X Holdings I, X Holdings II, a wholly owned subsidiary, and, solely for the purpose of certain provisions of the merger agreement, Elon R. Musk. The merger agreement provides that, subject to the terms and conditions set forth in the agreement, the acquisition sub will merge with and into Twitter, with Twitter surviving the merger and becoming a wholly owned subsidiary of parent, which is wholly owned by Mr. Musk. On August 29, Twitter received another notice of purported termination of the merger agreement, the company disclose in a regulatory filing. In a response to that second notice of termination, lawyers for Twitter stated in part: "As was the case with your July 8, 2022 purported notice of termination, the purported termination set forth in your August 29, 2022 letter is invalid and wrongful under the Agreement... It is based solely on statements made by a third party that, as Twitter has previously stated, are riddled with inconsistencies and inaccuracies and lack important context. Contrary to the assertions in your letter, Twitter has breached none of its representations or obligations under the Agreement, and Twitter has not suffered and is not likely to suffer a Company Material Adverse Effect. Twitter intends to enforce the Agreement and close the transaction on the price and terms agreed upon with the Musk Parties." Reference Link
JNCE

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08:10 EDT Jounce Therapeutics reports results from Phase 2 SELECT trial - Jounce Therapeutics reported top line data from the randomized Phase 2 SELECT trial evaluating vopratelimab, Jounce's inducible costimulator agonist, in combination with pimivalimab versus pimivalimab alone in immunotherapy naive, TISvopra biomarker-selected, second line non-small cell lung cancer patients. The trial tested two pulsatile and differentiated doses of vopra in the combination groups against pimi monotherapy, using as the primary endpoint the mean percent change from baseline in tumor size in all measurable lesions, averaged over 9 and 18 weeks as assessed by central independent radiology review. As the study was powered to detect a 20% absolute difference of the pooled combo doses compared to pimi monotherapy, and the actual difference was 7%, SELECT did not meet its primary endpoint. In the combination dose cohort with the lowest dose of vopra, interesting trends were observed in both the primary endpoint, with an absolute mean change of 15%, and in the prespecified secondary endpoints of overall response rate, which was 40% compared to 25% in pimi alone, and landmark six month progression free survival of 80% compared to 33% with pimi alone. Consistent with these clinical outcomes, recent mechanistic data in primary human immune cells in vitro supports shorter duration pulsatile dosing of ICOS agonism, with general implications for T cell agonist dosing. Vopra continued to be well tolerated, and the frequency and types of adverse events in the combination cohorts were comparable to those in the pimi monotherapy cohort. Most adverse events were mild to moderate, and there were few treatment related serious adverse events. "The team did an outstanding job executing on a complex biomarker selected trial impacted by both the pandemic and the war in Ukraine. Although we are intrigued by the preliminary efficacy trends, particularly the landmark PFS and ORR in the lower vopra dose combination arm, the SELECT results do not support moving into registration studies as had been our previous goal. We will re-evaluate the vopra program in the context of our broader pipeline in the coming months," said Richard Murray, Ph.D., chief executive officer and president of Jounce Therapeutics. "We continue to be pleased with pimi's activity, which supports its continued use in our ongoing and future combination trials. We plan to submit a clinical abstract to present the entire SELECT study, including more mature data, at the ESMO Immuno-Oncology Congress in December 2022. We remain focused on our mission of delivering meaningful and long-lasting benefit to cancer patients through the discovery and pursuit of therapies that target new mechanisms of immune suppression across different types of immune cells, and bringing the right immunotherapies to the right patients."
RUN

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08:09 EDT Sunrun delivers over 80 MW of stored solar energy capacity to California Grid - Sunrun announced that it delivers more than 80 megawatts of stored solar energy capacity from customer batteries to the state's electric grid daily to reduce strain and improve energy resilience for all Californians. This is significantly larger than California's controversial Ellwood gas-fired peaker plant, as well as several other highly polluting peaker plants across the state. Sunrun's customers collectively support California's grid every day by providing additional energy capacity during times of peak demand. During just one recent event, more than 17,000 Sunrun customers made available over 80 MW of stored energy capacity during the standard Time of Use window - a 60% increase in capacity over the previous year - which supports the overall health of California's electric grid with clean solar energy every day.
VMW MSFT

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08:09 EDT VMware, Microsoft team to ease running of workloads in Microsoft Azure - VMware (VMW) extended its ongoing collaboration with Microsoft (MSFT) to help customers with an Azure-first strategy to modernize enterprise VMware vSphere workloads quickly and cost-effectively in Microsoft Azure. Customers will be able to purchase Azure VMware Solution as part of VMware Cloud Universal, a flexible purchasing and consumption program for executing multi-cloud and digital transformation strategies. "The availability of Azure VMware Solution through VMware Cloud Universal makes it easier for customers to adopt Azure VMware Solution as part of a multi-cloud strategy," said Zia Yusuf, senior vice president, strategic ecosystem and industry solutions, VMware. "VMware Cloud Universal customers will gain greater flexibility to adopt Azure VMware Solution at their own pace to speed cloud migration, simplify ongoing operations, modernize applications faster and achieve better economics while benefitting from a single operating model across clouds."
VMW IBM

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08:09 EDT VMware, IBM expand partnership to modernize hybrid cloud environments - VMware (VMW) and IBM (IBM) announced at VMware Explore 2022 an expanded partnership to help global clients and partners modernize workloads and expedite time-to-value in hybrid cloud environments. The expanded relationship includes IBM Consulting as a VMware GSI partner, the companies' intent to deliver new jointly engineered IBM and VMware Cloud solutions, and joint development and go to market. Together, IBM and VMware are planning to help clients in regulated industries such as financial services, healthcare and public sector address the cost, complexity, and risk of migrating and modernizing mission-critical workloads in the cloud. Companies, including those in regulated industries, are looking to modernize core business workloads to create better experiences for their clients and comply with industry regulations. Further, the current economic climate makes refactoring applications for cloud unrealistic for many organizations, driving increased emphasis on a more agile modernization strategy. The planned IBM and VMware offerings are intended to increase choice and flexibility for companies to execute their digital transformation strategies.
BEEM

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08:09 EDT Beam Global receives multi-million dollar battery module order from UgoWork - Beam Global announced a multi-million dollar battery module order to power UgoWork energy as a service solutions. The battery modules include Beam's patented thermal management technology for superior safety, higher energy density, broader operating temperature range and longer life. UgoWork is a Canadian company focused on sustainable energy solutions for the material handling industry. "Electrification and robotics in factories, warehouses and industrial settings is making organizations cleaner, safer and more efficient. Beam AllCell energy storage solutions are the ideal choice for the superior performance that UgoWork demands and delivers," said Beam Global CEO Desmond Wheatley. "Industrial automation and electrification are accelerating, driving increased opportunities for our storage solutions across a broad range of industries."
CMG

Hot Stocks

08:08 EDT Chipotle to test Chicken Al Pastor in select markets - Chipotle Mexican Grill announced it is testing Chicken Al Pastor at 94 restaurants in Denver and Indianapolis. Available now for a limited time, Chicken Al Pastor features the bold yet balanced flavor of spicy adobo, achiote, morita peppers, pineapple, cilantro and fresh lime juice.
AMRK

Hot Stocks

08:08 EDT A-Mark Precious Metals subsidiary to acquire assets of BGASC for $4.5M - A-Mark Precious Metals announced that its wholly-owned subsidiary, JM Bullion, has entered into a definitive agreement to acquire certain assets of BGASC, one of the largest coin and bullion e-commerce dealers in the United States, for $4.5M in cash. "This transaction reflects our ongoing efforts to expand our direct-to-consumer portfolio through strategic acquisitions and investments," said JMB CEO Michael Wittmeyer. "BGASC is a well-respected e-commerce brand in the DTC segment of the precious metals industry, with a loyal and growing customer base. JMB and A-Mark have a track record of successfully integrating newly acquired brands into our DTC portfolio, and we look forward to improving the BGASC customer experience by leveraging our resources and expertise to offer new products, other value-added services and flexible payment methods, as well as to seek to expand BGASC's market presence." The acquisition is expected to close in the fourth quarter of calendar 2022, subject to the satisfaction of customary closing conditions.
OTLK

Hot Stocks

08:07 EDT Outlook Therapeutics resubmits BLA for ONS-5010 - Outlook Therapeutics announced it has re-submitted its Biologics License Application to the U.S. Food and Drug Administration for ONS-5010, an investigational ophthalmic therapy which, if approved, will be branded as LYTENAVA for the treatment of wet age-related macular degeneration. In anticipation of potential FDA marketing approval in 2023, Outlook Therapeutics has continued its commercial launch planning. These activities include establishing partnerships with FUJIFILM Diosynth Biotechnologies for drug substance, and with drug product manufacturer Ajinomoto Bio-pharma Services for finished drug product. Outlook Therapeutics is also actively building out its distribution and commercial capabilities.
CRIS

Hot Stocks

08:06 EDT FDA allows Curis to resume enrollment of additional patients in TakeAim study - Curis announced that the FDA has notified Curis that it may resume enrollment of additional patients in the monotherapy phase of the TakeAim Leukemia study. Previously, Curis announced that the FDA had placed partial clinical holds on the TakeAim Leukemia and TakeAim Lymphoma studies in April 2022. Before lifting the restriction on patient enrollment, the FDA reviewed additional data provided by the company related to the risk of rhabdomyolysis, a side effect also associated with statins, as well as with cancer medications such as Odomzo and Cotellic. The FDA also reviewed the company's strategy for utilizing objective laboratory measurements, similar to those used with Odomzo and Cotellic, to identify rhabdomyolysis, as well as the company's strategy for managing rhabdomyolysis, if it is detected. Similar to the TakeAim Lymphoma study, the Company is updating its timeline for clinical data release to reflect the availability of updated preliminary data from the TakeAim Leukemia study in 2023. In addition, Curis is proactively discussing the clinical plans for emavusertib in leukemia, including alignment on optimal dose and development path, with the FDA's leukemia division.
BOXD PG

Hot Stocks

08:06 EDT Boxed partners with TerraCycle for first ongoing recycling program - Boxed (BOXD) has partnered with international recycling leader TerraCycle, to give customers a way to recycle where they shop. Through the partnership, sponsored by Procter & Gamble (PG), Boxed customers can recycle any brand of home essentials and personal care products. "With the launch of this first-of-its-kind national recycling initiative, Boxed is providing consumers with the unique opportunity to responsibly recycle their packaging and divert waste from landfills," said TerraCycle CEO and Founder, Tom Szaky. "Consumers everywhere can now conveniently buy their necessities in bulk, but not at the expense of the planet."
VEON

Hot Stocks

08:06 EDT Veon announces commitment to support Uzbekistan's plan to become IT hub - VEON announces its commitment to support Uzbekistan's plan to become a major IT hub in Central Asia through best-in-class connectivity and digital services, education, upskilling, and new job opportunities. VEON plans to house an international operations hub in the newly opened IT-Park in Tashkent for its IT and digital teams and provide international promotion for country's digital transformation ambition as part of the Government's Digital Uzbekistan 2030 programme.
CYBN

Hot Stocks

08:05 EDT Cybin doses first participants in CYB003 trial - Cybin announced that the first two participants have been dosed in its Phase 1/2a trial evaluating CYB003 for the treatment of major depressive disorder, or MDD.
AZN

Hot Stocks

08:05 EDT AstraZeneca says Evusheld approved in Japan for COVID-19 prevention, treatment - AstraZeneca's Evusheld, a long-acting antibody combination, has been approved in Japan for both prevention and treatment of symptomatic disease caused by SARS-CoV-2 infection, the company announced. In treatment, Evusheld is approved for adults and adolescents 12 years of age and older weighing at least 40kg with risk factors for severe SARS-CoV-2 infection who do not require supplemental oxygen. "The decision marks the first global marketing approval for Evusheld as a treatment for COVID-19," AstraZeneca said.
LIQT

Hot Stocks

08:05 EDT LiqTech says Fei Chen to start CEO role on September 12 - LiqTech announced that the company's newly appointed President and CEO, Fei Chen, will commence her employment on September 12. The previous announcement specified a start date on or before November 1, and we are fortunate that she has received an early release from her present employer. Effective September 12, Chen will also be appointed a member of the company's Board of Directors.
QRVO

Hot Stocks

08:04 EDT Qorvo appoints Grant Brown as CFO - Qorvo announced the appointment of Grant Brown as CFO, effective August 29, 2022. Mr. Brown was named interim CFO on April 18, 2022, and previously served as Qorvo's vice president of Treasury.
KHC

Hot Stocks

08:04 EDT Kraft Heinz to divest B2B powdered cheese business to Kerry Group - Kraft Heinz announced that it has entered into a definitive agreement to sell its B2B powdered cheese business to global food, beverage and pharma manufacturer Kerry Group. The proposed transaction is expected to close in the second half of 2022, subject to regulatory review and approval. The transaction involves the divestiture of Kraft Heinz's B2B powdered cheese products, which are sold through the company's Ingredients business. This divestiture includes the Albany, Minnesota, manufacturing facility, which is expected to operate in ordinary course. Employees at the Albany location will be transferred from Kraft Heinz to Kerry Group. The divestiture of the B2B powdered cheese business reflects the company's ongoing and active portfolio optimization.
CHCI

Hot Stocks

08:04 EDT Comstock Holding expands Reston Station with latest acquisition - Comstock Holding Companies announced the acquisition of approximately 8 acres of the Midline development at Reston Station on behalf of Comstock Partners. The 8 acres acquired represent the largest portion of undeveloped acreage included in the Midline development. Two 3-story office buildings that were previously occupied by a mix of tenants, including Northern Virginia Community College, will be demolished to make way for the redevelopment of the portion of Midline that has frontage on Wiehle Avenue. The Company is currently exploring options for developing the site substantially in conformance with previously approved plans for Midline and is focusing on enhancing connectivity to Comstock's Reston Metro Plaza. Comstock's leasing team is in early discussions with several potential retail anchors, with plans to commence development in 2023. "Our plans for the acquired portion of Midline include a mix of uses, including office, residential, and retail, to compliment the recently built townhome and multifamily sections of the community," commented Timothy Steffan, COO of Comstock. "This natural integration of additional surrounding areas into the Reston Station neighborhood will further enhance access to Reston's only Metro Station and improve the neighborhood experience for all who live, work, and play in Reston."
APO

Hot Stocks

08:03 EDT Harmoni agrees to acquire Parallel from funds managed by Apollo Global - Harmoni Towers, a portfolio company of Palistar Capital, an alternative asset manager, announced that it has agreed to acquire Parallel Infrastructure, a leading tower platform and build-to-suit provider, from funds managed by affiliates of Apollo Global Management. Terms were not disclosed. The transaction is subject to customary closing conditions and is expected to be completed in the Q3. The transaction creates the fifth largest tower company and the second largest private independent tower company in the U.S., with more than 2,000 built and in-construction towers. The combined company will have locations spanning the country from coast-to-coast across 41 states, with the capacity to build hundreds of towers per year in all regions of the U.S. Palistar and Hamoni were advised by Kirkland & Ellis, while Apollo and Parallel were advised by Weil, Gotshal & Manges.
VEON

Hot Stocks

08:03 EDT Veon completes high speed internet access project in Uzbekistan - VEON announces that it completed high speed internet access project for the express rail connection between Uzbekistan's capital city Tashkent and its second largest city Samarkand. The project has been implemented by Beeline Uzbekistan, VEON's digital operator in the country, in cooperation with the Uzbekistan's Ministry of Information Technologies and Communications Development. The development will also address mobile internet access for major tourist areas including the newly opened "The Great Silk Road" centre in Samarkand that was recently opened by Uzbekistani President Shavkat Mirziyoyev. Beeline Uzbekistan has ensured that rail journeys to Samarkand, and within the city itself, residents and tourists can enjoy the high-speed 4G connectivity and digital services. The operator has installed and upgraded about 40 base stations with new equipment installed inside the buildings and trains of the new Tashkent to Samakand express train service. The high-speed connectivity is now available for users of Beeline services on the railway, M39 Tashkent-Samarkand highway, in Samarkand international airport, "Great Silk Road" tourist centre, Imam al-Bukhari memorial complex and other key tourist locations.
CNTB

Hot Stocks

08:03 EDT Connect Biopharma successfully completes CBP-174 Phase 1 SAD study - Connect Biopharma announced it successfully completed its first-in-human Phase 1 study of CBP-174 designed to evaluate safety, tolerability, and pharmacokinetics in healthy adults. CBP-174, a highly selective, peripherally acting H3 receptor antagonist drug candidate is in development to treat pruritus associated with allergic and inflammatory skin diseases, including atopic dermatitis. CBP-174 administered orally, was observed to be safe and well-tolerated across eight dose escalation cohorts evaluated up to a maximum dose of 16 mg or placebo in this randomized, double-blind, placebo-controlled, single ascending dose, SAD, study. There were no serious adverse events, and reported adverse events were predominantly mild in severity and no dose-limiting toxicities were identified. Other safety parameters, including vital signs, ECGs, and laboratory results showed no clinically notable safety findings. "This promising first human data demonstrates good progress for CBP-174 as a novel treatment for pruritus associated with allergic and inflammatory skin conditions, such as atopic dermatitis, which afflicts millions of individuals worldwide," said Dr. Zheng Wei, Ph.D., Co-Founder and CEO of Connect Biopharma. "This is our first clinical trial for our third clinical-stage drug candidate, and we look forward to continuing the evaluation of CBP-174 as we work toward improving the quality-of-life outcomes for patients with debilitating dermatologic diseases."
NKLA RMO

Hot Stocks

08:02 EDT Nikola commences exchange offer to acquire Romeo Power - Nikola (NKLA) announced that it commenced yesterday, through a wholly-owned subsidiary, an exchange offer to purchase all outstanding shares of common stock of Romeo Power (RMO). On August 1, Nikola and Romeo jointly announced they had entered into a definitive agreement for this all-stock transaction. Under the terms of the agreement, Romeo stockholders will receive 0.1186 of a share of Nikola common stock for each Romeo share, representing an approximate 4.5% pro forma ownership of Nikola. The proposed exchange ratio represents an approximately 34% premium to Romeo's July 29, 2022 closing share price. Upon the successful completion of the Offer, a newly formed subsidiary of Nikola will be merged into Romeo, and any remaining shares of Romeo common stock that were not tendered in the exchange offer will be canceled and converted into the right to receive the same consideration as provided for in the exchange offer.
REKR

Hot Stocks

07:43 EDT Rekor Systems selected for launch of multi-year program with TxDOT - Rekor Systems announced that it has been selected for the launch of a multi-year program with the Texas Department of Transportation for a deployment of its traffic management technology to improve incident response time and overall roadway safety. The contract calls for the implementation of Rekor's cloud-based roadway intelligence platform at the TxDOT Combined Transportation, Emergency, and Communications Center facilities. The platform uses artificial intelligence and integrates date from multiple sources to provide more comprehensive and quicker incident identification than current methods.
SEAT

Hot Stocks

07:42 EDT Vivid Seats predicts Fan Forecast for 2022 NFL Season - Vivid Seats revealed its football fan insights into the 2022 NFL season, predicting the crowd makeup for the biggest matchups of Week 1 and how the most die-hard fans will be supporting their home teams this season. Analyzing its historic data insights and current ticket sales, Vivid Seats is predicting which fans will be winning in the stands for some of the most anticipated games of Week 1: Raiders at Chargers: Raiders 75%, Chargers 25%. Silver and Black pride will be on full display at SoFi Stadium as Raider Nation is projected to pack the house against the Chargers. Broncos at Seahawks: Seahawks 70%, Broncos 30%. Broncos fans travel well, but Seattle's 12th Man will dominate the crowd for Russell Wilson's return. Seahawks fans are predicted to outnumber Broncos fans 2:1. Bills at Rams: Rams 55%, Bills 45%. The famously faithful Bills fans will show up in full force in Los Angeles, as their team kicks off the season as the favorite to win the Super Bowl.Patriots at Dolphins: Dolphins 70%, Patriots 30%. The Patriots fan base typically shows up strong against the Dolphins, with no shortage of New Englanders living in Florida, but Dolphins fans are projected to make up the majority of the crowd. Steelers at Bengals: Bengals 80%, Steelers 20%. Steeler Nation always travels well, but the Bengals, led by star quarterback Joe Burrow and receiver Ja'Marr Chase, will have plenty of fans on hand to watch the AFC Championship banner get raised.
GBARF

Hot Stocks

07:40 EDT Monarch Mining announces drilling program results from its Swanson gold project - Monarch Mining reports that it has received more high-grade results from the 2021-2022 drilling program on its wholly-owned Swanson gold project. Comprising a contiguous group of 127 map-designated claims and one mining lease covering an area of 5,125.8 ha, the Swanson property lies 65 kilometres northeast of Val-d'Or, Quebec, and just 50 kilometres north of Monarch's wholly owned 750-tonne per day Beacon mill. The 2021-2022 program is the first drilling done on the property since Monarch Gold acquired it from Agnico-Eagle Mines in 2017. "We have now managed to define the plunge-trend of the Swanson gold deposit and are continuing to intersect significant high-grade gold mineralization beyond the currently defined mineral resource envelope," said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. "We are confident that the remaining drill holes will also yield positive results."
ASTL

Hot Stocks

07:40 EDT Algoma Steel confirms ratification of USW Local 2251 agreement - Algoma Steel Group reports it has been notified by United Steelworkers Local 2251, the union representing Algoma's hourly employees, that their members have successfully ratified the terms of the new 5-year collective agreement. This agreement follows the agreement with the United Steelworkers Local 2724, the union representing its technical, professional, and front-line supervisory employees ratified on July 26, 2022.
ETRGF

Hot Stocks

07:39 EDT Entourage Health signs four new union groups to Starseed Medicinal program - Entourage Health announces its medical subsidiary Starseed Medicinal has added four new union groups to its full-service, proprietary medical cannabis program, in partnership with leading benefits provider Union Benefits - the administrator of union group benefits to over 12,000 members. The medical cannabis plan, which goes into effect September 1, 2022, provides eligible union members and their dependents access to practitioners specializing in prescribing medical cannabis as an insured benefit. "We congratulate and proudly welcome our four newest member unions and their locals to our full-service Starseed medical platform. Together, we are removing the barriers to access medical cannabis as an alternative therapy for members and benefits provider Union Benefits, looking to responsibly educate and provide treatment options to patients for a myriad of indications," said George Scorsis, CEO and Executive Chair, Entourage. "Our simplified and personalized treatment plans are curated alongside our award-winning healthcare experts who carefully ensure patients have access to a portfolio of over 45 trusted medical cannabis products including, soft-gel capsules, oils, soft-chews, patches, compounds, vapes, and dried flower. As a result of these widely accepted therapeutic alternatives, coupled with a seamless reimbursement process, we now have over 10 union groups, five insurance providers, and 24 clinics signed to our Starseed platform."
HP

Hot Stocks

07:39 EDT Eavor commences Eavor-Deep project - Eavor Technologies is pleased to announce the commencement of their demonstration project to drill the deepest and hottest directional geothermal well in history. Historically, the deeper and higher temperature the rock, the slower and more expensive drilling becomes. Eavor has developed process and technologies to break this paradigm, called Eavor-Loop, which will be utilized in the upcoming Eavor-Deep project, located in southwestern USA, to show linear, and potentially sublinear, drilling costs in super-hot ultra-deep environments.Helmerich & Payne is a strategic service provider and shareholder in Eavor having made a direct equity investment in 2021. Building on the companies' ongoing collaborative effort to improve upon existing state of the art drilling technologies, H&P is providing the drilling rig and associated drilling technologies and services for the Eavor-Deep project.
REKR

Hot Stocks

07:38 EDT TxDOT standardizes Rekor's cloud-based roadway intelligence platform - Rekor Systems announced that it has been selected for the launch of a multi-year program with the Texas Department of Transportation or TxDOT, for a deployment of its traffic management technology to improve incident response time and overall roadway safety. The contract calls for the implementation of Rekor's cloud-based roadway intelligence platform at the TxDOT Combined Transportation, Emergency, and Communications Center CTECC facilities. The platform uses artificial intelligence and integrates date from multiple sources to provide more comprehensive and quicker incident identification than current methods."Improving the safety of transportation infrastructure in Texas starts with better real-time detection and understanding of the state's roadway traffic trends and changes," said Rekor President, David Desharnais. "We are pleased to help TxDOT and other agencies within Texas achieve this with our comprehensive roadway intelligence platform and actionable insights to improve traffic congestion and respond to incidents and crashes that impact the safety of its citizens." Rekor Systems to deploy loud-based AI-driven Roadway Intelligence Platform
NFYEF

Hot Stocks

07:37 EDT NFI Group subsidiary announces second order for Enviro500EV electric bus - NFI Group subsidiary Alexander Dennis Limited announced that it has taken a second order for its new Enviro500EV electric double deck bus, this time from Hong Kong's MTR Corporation. The zero-emission bus is scheduled for delivery in 2023. As Hong Kong begins the transition to zero-emission bus services, MTR Corporation's first electric bus order is for Alexander Dennis's new Enviro500EV three-axle zero-emission double deck bus, which the manufacturer is developing in-house using its own chassis with components from leading industry suppliers. "With the next generation of electric bus technology, fully integrated by our own engineers, we are now in a position to deliver a zero-emission solution for Hong Kong's world class transport system," said Andy Boulton, Managing Director Asia Pacific, Alexander Dennis. "The Enviro500EV will showcase MTR Corporation's landmark investment in cleaner transport." MTR Corporation's first zero-emission bus is scheduled for delivery in 2023. It is the second order from Hong Kong for the Enviro500EV, following KMB's procurement of ten vehicles of the type that will also be rolled out next year.
PLTR

Hot Stocks

07:36 EDT Palantir, MCI Onehealth enter three-year commercial agreement - MCI Onehealth and Palantir Technologies are pleased to confirm a three-year commercial agreement to power MCI's clinical insights that can improve patient outcomes and help address urgent health system issues. Palantir's Foundry platform will power analytics for improved MCI patient care and research projects for MCI's international stakeholders in the health, pharma, therapeutic, and life sciences sectors. The partnership with Palantir supports and helps accelerate MCI's partnerships with other health innovators like MDClone. MCI's collaboration with Palantir will continue to accelerate MCI's data strategy in disease screening, novel referral optimization and other custom data and precision medicine initiatives. Health researchers can access MCI generated insights to better understand disease progression, enhance care delivery and develop new products and treatments that can improve patient outcomes - which can help reduce overall health system costs. This is possible by leveraging MCI's rigorous data governance controls and Palantir Foundry's embedded data protection capabilities, including granular access controls, end-to-end provenance, and audit, which ensures MCI can secure sensitive health data, while enabling access to only authorized users for approved purposes.
ABUS

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07:35 EDT Arbutus Biopharma announces issuance of new key US patent related to AB-729 - Arbutus Biopharma Corporation announced that the United States Patent and Trademark Office, USPTO, issued U.S. Patent No. 11,427,823, which provides composition of matter patent protection for Arbutus' AB-729 RNAi therapeutic product. The patent is expected to provide Arbutus with exclusivity for AB-729 out to at least April 2038. "We are pleased to be granted this key patent by the USPTO which expands our intellectual property estate and adds a level of protection for a fundamental asset of our chronic hepatitis B virus portfolio," said William Collier, President and Chief Executive Officer of Arbutus Biopharma. "AB-729 is our lead clinical-stage asset that we believe is capable of being a cornerstone agent in the treatment regimen to provide a functional cure for patients with cHBV." AB-729 is currently in multiple Phase 2a clinical trials. Clinical data generated thus far has shown single- and multi-doses of AB-729 to be generally safe and well-tolerated while providing meaningful reductions in hepatitis B surface antigen and hepatitis B DNA, and evidence of immune re-awakening. Furthermore, AB-729 has shown achievement of virologic control in five cHBV patients after discontinuing treatment with AB-729 and nucleos(t)ide analog-therapy.
AIM

Hot Stocks

07:34 EDT AIM ImmunoTech, Roswell Park starts enrollment in trial evaluating Ampligen - AIM ImmunoTech announced its clinical development collaborator, Roswell Park Comprehensive Cancer Center, in a clinical trial fully funded by the National Cancer Institute, NCI, has commenced patient enrollment in its Phase 2 study in subjects with primary PD-1/PD-L1 resistant melanoma. The Phase 2 study will evaluate type-1 polarized dendritic cell vaccine in combination with tumor-selective chemokine modulation, CKM, comprised of Interferon alpha 2b, Ampligen and Celecoxib. "The start of this NCI-funded clinical trial marks an important milestone for our Melanoma R&D program. Despite recent successes of immune checkpoint inhibitors in advanced-stage disease, only a minority of treated melanoma patients have a durable benefit, reinforcing the need to develop second-line therapies that are effective against checkpoint-refractory disease. Based on the data seen to-date, we believe Ampligen, in combination with Roswell's polarized dendritic cell vaccine plus interferon, has an opportunity to fill this gap and potentially provide clinical benefit to melanoma patients in need," commented AIM Chief Executive Officer Thomas Equels. The single-arm Phase 2 study plans to enroll up to 24 subjects. Subjects will be on active experimental treatment for 12 weeks. In the absence of disease progression, patients will be followed for progression-free survival and overall survival within routine care. Patients with progressive disease at 12 months can, at the physician's discretion, begin CTLA-4+/- PD-1/PDL1 inhibitor treatment and will be followed as per standard of care for this disease group. Patients will continue to be monitored for PFS and OS within standard care visits. The primary endpoint of the study is objective response rate at 12 weeks, which will be evaluated using RECIST 1.1 criteria.
NEE PRO

Hot Stocks

07:33 EDT NextEra Energy announces settlement rate for corporate units issued in Sept 2019 - NextEra Energy announced the settlement rate for the stock purchase contracts that are components of corporate units that it issued in September 2019. Holders of the corporate units will receive 0.7212 shares of NextEra Energy common stock for each stock purchase contract that they hold, with cash to be paid in lieu of any fractional shares. The settlement rate is based upon the average of the closing price per share of NextEra Energy common stock on the New York Stock Exchange for the 20 consecutive trading days ending on Aug. 29, 2022. Consequently, on Sept. 1, 2022, each holder of the corporate units on that date will, following payment of $50.00 for each unit which it holds, receive 0.7212 shares of NextEra Energy common stock for each such unit. The holders' obligations to make such payments will be satisfied with proceeds generated by the successful remarketing on Aug. 5, 2022, of the NextEra Energy Capital Holdings, Inc. debentures that formerly constituted a component of the corporate units. Upon settlement of all outstanding stock purchase contracts, NextEra Energy will receive $1.5B in exchange for approximately 21.64 million shares of common stock. On Sept. 1, 2022, each corporate unit holder of record on Aug. 31, 2022, will receive the final quarterly cash distribution of $0.609 payable per corporate unit. In addition, holders of corporate units as of Sept. 1, 2022, will receive the remaining amounts from the remarketing described above.
APD

Hot Stocks

07:32 EDT Air Products and ABP partner to build green hydrogen facility in the UK - Air Products and Associated British Ports, or ABP, announced their intention to partner in bringing the first large scale, green hydrogen production facility to the UK. The facility would import green ammonia from production locations operated by Air Products and its partners around the world. This would be used to produce green hydrogen, which would decarbonise hard-to-abate sectors such as transport and industry. The UK Government has plans for 10GW of low-carbon hydrogen to be in production or construction by 2030. Air Products and ABP are working together to bring the new green hydrogen facility to the Port of Immingham. The location will provide the required maritime infrastructure and offers good proximity to markets and the required utilities. ABP will invest in new infrastructure with a new jetty to service the import and export handling of liquid bulk products.
DPRO

Hot Stocks

07:31 EDT Draganfly to unveil three new drone products at Commercial UAV Expo - Draganfly announces its involvement in the Commercial UAV Expo, the leading international trade show and conference focusing on the integration and operation of commercial unmanned aircraft systems. Draganfly will unveil three new cutting-edge North American-made drone technologies at CUAV. "We are excited to reveal to the public our three new Draganfly products at the Commercial UAV Expo in Las Vegas," said Cameron Chell, President and CEO of Draganfly. "This is a fantastic chance to connect with industry professionals and showcase the innovative technology that the Draganfly team has been developing."
MOB

Hot Stocks

07:16 EDT Mobilicom announces closing of initial public offering - Mobilicom announced the closing of its U.S. initial public offering of 3,220,338 units, including 362,338 units sold upon full exercise of the underwriter's option to purchase additional units, each consisting of one American Depository Share and one warrant to purchase one ADS, at a public offering price of $4.13 per unit for gross proceeds of approximately $13.3 million, before deducting underwriting discounts and offering expenses. The warrants have a per ADS exercise price of USD $5.00, are exercisable immediately and expire five years from the date of issuance. The Company intends to use the proceeds of the offering for expansion of its sales and marketing activities, research and development, and working capital. ThinkEquity acted as sole book-running manager for the offering.
FLYLF

Hot Stocks

07:14 EDT Flyht Aerospace enters strategic partnership with IATA - FLYHT Aerospace Solutions announced that the company has joined IATA's Aviation Cyber Security Strategic Partnerships program. A safe and secure airline industry is a key priority for FLYHT. As an IATA Strategic Partner, FLYHT will be at the forefront of industry initiatives to ensure the highly effective mitigation of cyber security risks. This includes contributing to the development of industry standards, influencing the cyber security regulatory environment for aviation, and collaborating with other aviation leaders on mutual concerns and emerging issues.
WNRS

Hot Stocks

07:13 EDT Winners' VegasWinners launches Facebook, Instagram ad campaign - Winners announced that its subsidiary VegasWinners has launched its Facebook & Instagram ad campaign to substantially increase its database of sports gamblers to materially increase subscription and referral based Income with the start of the College and NFL football seasons.
HTGC

Hot Stocks

07:11 EDT Alladapt announces loan agreement with Hercules Capital - Alladapt Immunotherapeutics announced that it has entered into a term loan agreement for up to $50M with Hercules Capital. The capital will be used to further support the clinical development of Alladapt's lead asset ADP101 through initiation of a potential Phase 3 pivotal trial, as well as the completion of its manufacturing facility intended for late-stage clinical supply of ADP101 and potential commercial product. "Securing non-dilutive capital from Hercules provides Alladapt with the financial resources to advance toward our ultimate goal of commercializing a first-in-class oral immunotherapeutic for food allergy patients," commented Glenn Reicin, Alladapt's Chief Financial Officer. "In conjunction with the close of our recent equity raise, this non-dilutive capital extends our cash runway into 2024 and optimizes our ability to execute on our strategic priorities - which includes reporting data from our Harmony study and determining the best approach to maximize value for our shareholders."
ESI

Hot Stocks

07:10 EDT C3Nano secures $35M in growth capital financing - C3Nano announced the completion of a $35M growth capital financing, comprised of equity and debt. The equity financing was led by Element Solution. New debt financing was provided by insured technology financing pioneer, PIUS Limited. The growth capital will enable C3Nano to expand its Hayward, California-based silver nanowire synthesis and production capacity, as well as add resources to accelerate its efforts to innovate and commercialize its nanowire-based technologies.
VRNOF

Hot Stocks

07:10 EDT Verano appoints Hirsh as member of the board, chair of the audit committee - Verano announced the appointment of veteran executive Lawrence Hirsh to the Company's Board of Directors and as Chair of the Audit Committee. Hirsh joins the Company's existing four members of the Board. Hirsh spent 18 years as a Managing Director of Alvarez & Marsal.
HEXO

Hot Stocks

07:09 EDT HEXO to produce Mike Tyson's TYSON 2.0 in Canada - HEXO announced that the Company has entered into an exclusive partnership with TYSON 2.0, entrepreneur and cannabis advocate Mike Tyson's recently formed cannabis company. Under the agreement, HEXO will produce TYSON 2.0's products in Canada, including TYSON 2.0's full range of flower, pre-rolls, edibles and vapes. The HEXO-produced lines will launch across Canada in fall 2022.
T

Hot Stocks

07:08 EDT AT&T to expand fiber internet service to Mesa Arizona area - AT&T plans to expand its fiber internet service to bring reliable, high-speed broadband to the Mesa, Arizona area. Service is expected to be available to local residents in 2023.
SGML

Hot Stocks

07:07 EDT Lithium Ionic reports drilling resultsfrom Galvani claims - Lithium Ionic reports additional excellent drilling results from the Galvani claims, on which it is currently conducting a due diligence review following the recently announced binding asset purchase agreement. The Galvani claims, as well as the Company's neighbouring 100%-owned Itinga Lithium Project are located in the state of Minas Gerais, Brazil, in the same district as the lithium producing CBL mine and Sigma Lithium's Barreiro deposit. New Galvani Drill Results Highlights: Drill intercept of 1.94% Li2O over 19.78m, incl. 2.33% Li2O over 7.35m; Drill intercept of 1.27% Li2O over 10.77m, incl. 1.72% Li2O over 2m and 1.70% Li2O over 3.53m. Previously Reported Drill Result Highlights from Galvani Target: Drill intercept of 1.57% Li2O over 24.93m, incl. 2.10% Li2O over 7.45m; Drill intercept of 1.17% Li2O over 42.05m, incl. 1.95% Li2O over 11.72m. Blake Hylands, Chief Executive Officer of Lithium Ionic, commented, "The latest drill results at the Outro Lado showing at the Galvani claims are very encouraging and further demonstrates the potential for us to define a significant deposit in this area. We continue to improve our understanding of the geology and mineralization controls, which will enable us to define new targets."
OPA

Hot Stocks

07:07 EDT Magnum Opus Acquisition receives not in compliance notice from NYSE - Magnum Opus Acquisition announces that on August 23, as a result of the Company's inability to timely file with the SEC, its Quarterly Report on Form 10-Q for the quarter ended June 30, it received a notice from the NYSE stating that the Company is not in compliance with the NYSE American's continued listing requirements under the timely filing criteria established in the NYSE American Company Guide. Under the Section 1007 of the NYSE American Company Guide, the Company could be granted up to 12 months to cure the late filer deficiency. The initial six-month period to regain compliance is automatic and the additional six months is only granted upon request by the Company and approval by the NYSE. The NYSE notice has no immediate effect on the listing or trading of the Company's securities on the NYSE. The Company is still working to complete certain disclosures regarding the financial information in the Form 10-Q and expects that it will file the Form 10-Q no later than September 30, 2022. However, the timing of the filing is uncertain at this moment, and this projected filing date could change.
GAMB

Hot Stocks

07:07 EDT Gambling.com ready for online sports betting launch in Kansas - Gambling.com announced it is ready to provide marketing services to licensed online sports betting operators in the state of Kansas as soon as the legal online sports betting market soft launches on Thursday, September 1st, one week ahead of the 2022 NFL season.
ROP

Hot Stocks

07:07 EDT Thoma Bravo to sell Frontline Education to Roper Technologies for $3.725B cash - Thoma Bravo announced it has signed a definitive agreement to sell Frontline Education to Roper Technologies in an all-cash transaction that values Frontline at approximately $3.725B. The transaction is expected to close in the fourth quarter, subject to regulatory approvals and customary closing conditions.
OBNNF

Hot Stocks

07:06 EDT Osisko Mining provides updated MRE for its Windfall gold deposit - Osisko Mining provides an updated mineral resource estimate, MRE, for its 100% owned world-class high-grade Windfall gold deposit, located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Quebec. This robust MRE includes approximately 1.9M metres of drilling, with 1.7M metres completed by Osisko since October 2015, completed as of May 2022 and all analytical results received as of June 7, 2022. The MRE will form the basis of the pending Windfall Project Feasibility Study, scheduled for delivery by YE2022. Chief Executive Officer of Osisko John Burzynski commented: "We've had a busy summer and have successfully completed another significant milestone at Windfall. With this final MRE update prior to our pending feasibility study, we have met and exceeded our objectives for the Windfall drill program: a robust measured and indicated resource of over 4 million ounces with an average grade of over 10 g/t Au. The scale of Windfall and the deposit grade has steadily increased since Osisko's discovery of Lynx in late 2016. Lynx now represents almost two-thirds of the total gold in the MRE, and it continues to impress with a stand-alone total M&I resource of 3.1 M oz averaging 13.0 g/t Au."
BBY

Hot Stocks

07:05 EDT Best Buy sees FY23 comparable sales down 11% - Matt Bilunas, Best Buy CFO, said, "Our current FY23 planning assumptions for a comparable sales decline in a range around 11% and a non-GAAP operating income rate of approximately 4% are consistent with the update we provided in late July."
GETY VZ

Hot Stocks

07:05 EDT Getty Images, Verizon partner to increase representation of disabilities - Getty Images (GETY), together with Verizon (VZ), have announced the recipients of a $40,000 creative grant focused on sharing the voices, experiences and stories of disability communities. Getty Images' VisualGPS global research shows that despite around 20% of people globally living with some form of visible or invisible disability, only 1% of visuals in media and advertising include a person living with a disability, with wheelchairs overwhelmingly being the primary indicator of someone having a disability. Despite the ongoing gap in representation, a look at search data from Getty Images' most popular visuals shows that there is an increasing interest in visuals of people with disabilities in work and community settings, with searches related to disability growing above other trends. "The traditional standard for visualizing people with disabilities in media and advertising is in need of a refresh to authentically reflect the diversity of relationships within the broader community," said Dr. Rebecca Swift, Creative Grant Judge and Global Head of Creative Insights at Getty Images. "We are pleased to support creators working to capture the real experiences of real communities."
BBY

Hot Stocks

07:04 EDT Best Buy sees Q3 comparable sales down more than 12.1% - Bilunas continued, "As it relates specifically to Q3 FY23, we anticipate that our comparable sales will decline slightly more than the 12.1% decline we reported for the second quarter. We anticipate the year-over-year decline in our non-GAAP operating income rate in Q3 FY23 will be very similar to, or slightly more than, our Q2 FY23 year-over-year results."
APGOF

Hot Stocks

07:04 EDT Apollo Silver increases marketing activities - Apollo Silver is pleased to announce that it has engaged 121 Group to help build Company awareness and increase exposure within the global mining investment community. The services will include media relations, investor engagement, content dissemination and other investor relations services, via the 121 Group's vetted investor network, which will be provided by a team based primarily in London, England. Pursuant to the agreement, 121 Group will commence services effective September 1, 2022, for an initial six-month term, which may be terminated with 30 days notice following the initial minimum contract period. 121 Group will receive a monthly fee of $3,500 for their services. After the initial contract period, the agreement will continue, if agreed upon by both parties, on a month-by-month basis. 121 Group is an arm's length party to the Company and, to the Company's knowledge, does not currently own any securities of the Company, but may purchase securities of the Company from time to time for investment purposes. The Company's agreement with 121 Group is subject to acceptance from the TSX Venture Exchange.
KIRK

Hot Stocks

07:03 EDT Kirkland's to focus on improving liquidity position during remainder of FY22 - Steve "Woody" Woodward, president and CEO of Kirkland's Home, said, "Looking forward, early indicators are showing demand for our harvest collection, and we are pleased to report that we experienced improvements in sales and gross profit margin in the first few weeks of August. With the majority of our harvest inventory already in place and our holiday inventory on schedule, we believe we are in a healthy position to fulfill the expected seasonal demand in the back half of the year. For the remainder of FY22, we are focused on improving our liquidity position and appropriately managing our inventory. As the broader consumer environment remains volatile, we also plan to continue actively adjusting our promotional strategy to drive sales and work through our inventory. We feel confident in our ability to maintain a lean operational cost structure and drive cash flow during the upcoming harvest and holiday seasons as we work to begin paying down our borrowings. Overall, we are committed to our long-term transformation strategy and unlocking the full potential of Kirkland's Home." At July 30 the Company had a cash balance of $10.3M and total liquidity of $30.3M, with $55.0M of outstanding debt under its $75M senior secured revolving credit facility.
SBIG

Hot Stocks

07:03 EDT springbig partners with JARS Cannabis, Plant.Body.Soul to host celebration - springbig announced its first collaborative event with JARS Cannabis, a multi-state operating cannabis brand. Set to take place on September 16 in Phoenix, the joint event will celebrate Arizona's top cannabis brands while emphasizing the importance of co-marketing between cannabis brands and retailers. "Enjoying the success of our latest collaborative event with Planet 13, springbig is excited to partner with JARS and Plant.Body.Soul. on this inclusive activation. The cannabis industry is always better when we're working together for a common goal," said Jeffrey Harris, springbig CEO.
RVLP

Hot Stocks

07:00 EDT RVL Pharmaceuticals and Revision Skincare announce partnership - Revision Skincare announced partnership with RVL Pharmaceuticals. Through the partnership, Revision Skincare and RVL Pharmaceuticals will bring broader access to innovations like DEJ Eye Cream, Revox Line Relaxer, and UPNEEQ. The two companies plan to collaborate on a variety of marketing efforts within the medical aesthetics industry, working together to address significant unmet consumer needs.
SNT

Hot Stocks

07:00 EDT Senstar Technologies awarded two contracts worth over $2M collectively - Senstar has been awarded two significant contracts in the energy sector in the USA and Canada that are valued at over $2M and aim to reinforce the security of several major strategic sites.
ROP

Hot Stocks

06:58 EDT Roper Technologies to acquire Frontline Education for $3.725B in cash - Roper Technologies announced that it has reached a definitive agreement to acquire Frontline Education in an all-cash transaction valued at approximately $3.725B. Including a tax benefit resulting from the transaction, the net purchase price is approximately $3.375B, representing approximately 19 times Frontline's estimated 2023 EBITDA. Frontline's management team will continue to lead the business from its Malvern, Pennsylvania headquarters. Frontline's name, brands, and office locations will not change as a result of the transaction. Roper anticipates funding the transaction using its cash on hand and revolving credit facility. Frontline is expected to contribute approximately $370M of revenue and $175M of EBITDA in 2023. Roper expects Frontline's annual unlevered free cash flow to be approximately 100% of EBITDA. The transaction is expected to close in the fourth quarter, subject to regulatory approval and customary closing conditions.
ALB

Hot Stocks

06:47 EDT Albemarle to realign Bromine, Lithium global business units - Albemarle announced that it will realign its Bromine and Lithium global business units, or GBU, into a new corporate structure. The move follows the recent announcement of the company's decision to reorganize Catalyst under a to-be-named, wholly owned subsidiary. Organizational changes for Albemarle Specialties and Albemarle Energy Storage are expected to be effective January 1, 2023. Beginning in 2023, the company will financially report through the following segments: energy storage, specialties, and catalysts.
NVS

Hot Stocks

06:47 EDT Novartis presents new data in breast and prostate cancer at ESMO - Novartis will showcase new data from across its oncology portfolio at the European Society for Medical Oncology, or ESMO, Congress 2022 with over 35 accepted abstracts from Novartis-sponsored and investigator-initiated trials including new data in advanced breast cancer and metastatic castration-resistant prostate cancer, the company announced. "We are excited to share the data being presented across our portfolio of cancer therapies, which reinforce our commitment to pursuing every possible approach to address the urgent and significant unmet medical needs of people living with cancer," said Jeff Legos, Executive Vice President, Global Head of Oncology & Hematology Development, Novartis. "Our presentations at ESMO will highlight our continued dedication to advancing innovative treatment options for these critical diseases."
IGT

Hot Stocks

06:46 EDT International Game extends contract with New York Lottery - International Game announced that its subsidiary, IGT Global Solutions Corporation, signed a four-year contract extension with the New York Lottery. This agreement extends the current contract to August 2026.
SNY

Hot Stocks

06:46 EDT FDA grants priority review to Sanofi's efanesoctocog alfa for hemophilia A - The U.S. Food and Drug Administration has accepted for priority review the Biologics License Application, or BLA, for efanesoctocog alfa for the treatment of hemophilia A, Sanofi announced. The target action date for the FDA decision is February 28, 2023. Sanofi and Sobi collaborate on the development and commercialization of efanesoctocog alfa.
TWTR TSLA

Hot Stocks

06:39 EDT Musk tells Twitter new allegations provide additional bases to end deal - Tesla (TSLA) CEO Elon Musk disclosed that on August 29, his advisors sent a letter to Twitter (TWTR) formally notifying Twitter that he is terminating their merger agreement "for additional bases separate and distinct from those bases set forth" in the July 8 letter to Twitter terminating their merger agreement on that date. "Because the facts described in the August 29 Termination Letter were known to Twitter and withheld from the Reporting Person, and because Twitter has taken the position that the Merger Agreement remains in effect, the Reporting Person sent the August 29 Termination Letter on the basis of the facts described therein," Musk wrote this morning in a regulatory filing. In the letter to Twitter, Musk wrote, "Allegations regarding certain facts, known to Twitter prior to and as of July 8, 2022, but undisclosed to the Musk Parties prior to and at that time, have since come to light that provide additional and distinct bases to terminate the Merger Agreement. Although the Musk Parties believe this termination notice is not legally necessary to terminate the Merger Agreement because they have already validly terminated it pursuant to the July 8 Termination Notice, the Musk Parties are delivering this additional termination notice in the event that the July 8 Termination Notice is determined to be invalid for any reason." The letter references the August 23 report from the Washington Post regarding the Twitter whistleblower. The Zatko complaint "alleges far-reaching misconduct at Twitter-all of which was disclosed to Twitter's directors and senior executives, including Parag Agrawal-that is likely to have severe consequences for Twitter's business," wrote Musk to Twitter.
TRMB

Hot Stocks

06:36 EDT Trimble to acquire Bilberry, terms undisclosed - Trimble announced that it has signed a definitive agreement to acquire privately-held Bilberry, a French technology company specializing in selective spraying systems for sustainable farming. The transaction is expected to close in the fourth quarter of 2022, subject to certain closing conditions and regulatory approval. Financial terms were not disclosed.
BBBY

Hot Stocks

06:35 EDT Bed Bath & Beyond over 9% in pre-market, remains most active on Stocktwits - Shares of Bed Bath & Beyond remain volatile, rising 9.6% in early pre-market trading following yesterday's 24.8% gain. The stock remains the most active trending name in terms of message volume on Stocktwits this morning.
CVEO

Hot Stocks

06:34 EDT Civeo renews repurchase authorization for up to 5% of its outstanding shares - Civeo announced that its Board of Directors has renewed its share repurchase authorization for the Company to repurchase up to 5% of its total common shares outstanding through the facilities of the New York Stock Exchange over the next twelve months. Civeo intends to fund repurchases through cash on hand and cash generated from operations. In the last twelve months, the Company repurchased approximately 715,000 common shares and will use this renewed share repurchase authorization to continue opportunistically acquiring Civeo common shares.
ERES

Hot Stocks

06:32 EDT Abacus Life to go public via merger with East Resources Acquisition - Abacus Settlements and Longevity Market Assets and East Resources Acquisition Corporation announced their entry into a definitive merger agreement that will result in Abacus becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Abacus Life, Inc. and is expected to remain listed on Nasdaq under the new ticker symbol "ABAL." The combined company will have an estimated post-transaction enterprise value of $618M, assuming no redemptions by ERES public stockholders. Cash proceeds from the transaction will consist of up to $98M of cash held in ERES's trust account, plus any additional cash raised via a private placement prior to closing of the transaction. The net proceeds from the transaction will enable Abacus to lower its cost of capital, scale its Hold Portfolio and begin securitizing policy portfolios. Abacus owners will roll 100% of their existing equity holdings into the combined company and are expected to own approximately 70% of the combined company on a non-fully diluted basis immediately following the closing of the transaction, assuming no redemptions by ERES's public stockholders. The transaction, which has been unanimously approved by the boards of both ERES and Abacus, and has the voting support of all of the equity holders of Abacus, is expected to close as early as the fourth quarter of 2022, subject to regulatory approvals, approval of the proposed transaction by stockholders of ERES and the satisfaction or waiver of other customary closing conditions. Following the closing of the transaction, the existing management team of Abacus, led by CEO Jay Jackson, will continue to operate and manage Abacus.
PRMW

Hot Stocks

06:17 EDT Primo Water CFO Jay Wells to retire - Primo Water announced the planned retirement of Jay Wells, CFO, effective April 1, 2023. Wells will remain in his position until his retirement date. The company has initiated a search for a successor, which will include both internal and external candidates.
BBLN

Hot Stocks

06:16 EDT Babylon Holdings reports strong feedback from survey with GP at Hand patients - Babylon announced results from a recent independent survey where the company received strong feedback ratings from its GP at Hand NHS patients and scored in the 90th percentile for the majority of responses. From the thousands of patients surveyed who provided positive reviews for our GP practice, including our doctors, appointments and overall process, the survey results show Babylon's digital-first model benefits patients. Babylon is re-engineering healthcare by moving away from a reactive model of sick care, which is designed to deal with crises and emergencies, to a data-centric, predictive, proactive healthcare service that continuously monitors patients' health, predicts health concerns and intervenes to avoid unwanted illness. The GP Patient Survey is independently run by Ipsos MORI on behalf of NHS England and reaches over two million individuals across the UK. The results revealed that of Babylon's surveyed GP at Hand patients 96% had confidence and trust in the healthcare professional, compared to the 93% national average.
EYES VANI

Hot Stocks

06:11 EDT Second Sight changes name to Vivani Medical - Sight Medical Products (EYES) announced the completion of its merger with Nano Precision Medical. NPM is a biopharmaceutical business which develops miniaturized, subdermal drug implants utilizing its proprietary NanoPortal technology to enable long-term, near constant-rate delivery of a broad range of medicines to treat chronic diseases. In connection with the merger, Second Sight changed its name to Vivani Medical (VANI). The company's common stock will trade on The Nasdaq Capital Market under the symbol "VANI".
GBX

Hot Stocks

06:10 EDT Greenbrier announces Thomas Fargo as independent chair - Greenbrier announced the election of retired four-star Admiral Thomas Fargo as independent chair of its board of directors, effective at Greenbrier's close of business on August 31. A board member since 2015, Fargo serves as chair of Greenbrier's Compensation Committee and a member of the Nominating and Corporate Governance Committee. Fargo has served as the company's lead director since January 2021, a position Greenbrier's board will eliminate with the election of an independent board chair. Effective with the appointment of Fargo, Greenbrier's board policy is that members identified as chair must meet the standards of the SEC and NYSE for an independent director.
SGMO

Hot Stocks

06:08 EDT Sangamo announces update from Phase 1/2 STAAR clinical study of ST-920 - Sangamo Therapeutics announced updated preliminary results from the Phase 1/2 STAAR clinical study evaluating isaralgagene civaparvovec, or ST-920, a wholly owned gene therapy product candidate for the treatment of Fabry disease. These latest data show that, as of the February 14, 2022 cutoff date, the investigational treatment continued to be generally well tolerated, with no treatment-related adverse events above Grade 1 (mild). The five longest treated patients continued to exhibit elevated alpha-galactosidase A (alpha-Gal A) activity, sustained up to 15 months as of the last date of measurement. The sixth patient exhibited elevated alpha-Gal A activity to within normal range at two weeks post dosing.
GOOG GOOGL

Hot Stocks

06:08 EDT YouTube chief business officer Robert Kyncl to depart - In a Monday tweet, YouTube's CBO Robert Kyncl said, "YouTube is a great place to be at, and a great place to be from! After 12 incredible years, I've decided to move on to the next challenge soon. Working alongside creators, artists, media and music companies to transform media has been a privilege".Reference Link
CONN

Hot Stocks

06:06 EDT Conn's conducting 'extensive review' of cost structure - In response to challenging macroeconomic pressures, the company has updated its near-term strategic priorities which include: Reducing operating costs. The company is conducting an extensive review and prioritization of its cost structure. The company expects current initiatives, combined with prior actions, to generate cost savings of approximately $12M-$16M in the back half of this fiscal year. Lowering capital expenditures. The company is delaying or eliminating several planned capital investments, including adjusting planned new store openings and distribution center expansions. As a result, Conn's expects to reduce investments in capital expenditures for fiscal year 2023 by approximately $20M compared to its prior expectation. Maintaining conservative credit underwriting. The company is focused on maintaining conservative credit underwriting and remaining disciplined in its approach to credit collections. At July 31, the weighted average credit score of outstanding balances was 611, 60+ days past due balances as a percentage of the total customer portfolio carrying value was 11.0%, and re-aged balances as a percentage of the total customer portfolio carrying value was 16.1%.
BIG

Hot Stocks

06:05 EDT Big Lots sees Q3 comparable store sales down in low double-digit range - The company said, "For the third quarter, the company expects one-year comps to be down in the low double-digit range. Net new stores will add about 140 bps of growth versus 2021. The company expects continued significant promotional activity in Q3, resulting in a quarter gross margin rate into the mid-30s, and that SG&A dollars will grow low single-digits to 2021. Given an atypically wide range of outcomes, the company is not providing EPS guidance at this point. The company expects a share count of approximately 28.9 million for Q3. The company is taking aggressive actions to significantly improve the gross margin rate in Q4, to a rate that is approximately in-line with the prior year quarter. In addition, the company will continue to take actions to reduce expenses."
WOOF

Hot Stocks

05:35 EDT Petco expands Vital Care to include birds, reptiles, fish and small pets - Petco announced the expansion of Vital Care, its paid health and wellness membership program, to now include birds, reptiles, fish and small pets. Previously only available for dogs and cats, Vital Care unlocks the best of Petco through exclusive savings and rewards on nutrition, supplies, services, veterinary care and more with benefits tailored to each species' individual needs.
SLB

Hot Stocks

05:34 EDT Schlumberger, Aker Solutions and Subsea 7 announce joint venture - Schlumberger, Aker Solutions and Subsea 7 announced an agreement to form a joint venture to drive innovation and efficiency in subsea production by helping customers unlock reserves and reduce cycle time. The agreement will bring together a portfolio of technologies such as subsea gas compression, all-electric subsea production systems and other electrification capabilities that help customers meet their decarbonization goals. The proposed joint venture will combine Schlumberger's and Aker Solutions' subsea businesses, which include deep reservoir domain and engineering design expertise, a field-proven subsea production and processing technology portfolio, manufacturing scale and capabilities, and a suite of life-of-field solutions for customers all over the world. Subsea 7 will be an equity partner in the new joint venture. Upon closing of the proposed transaction, the existing Subsea Integration Alliance between Schlumberger and Subsea 7, will be amended so that the new joint venture will assume Schlumberger's role in the Alliance, which will be renewed for a ten-year term. In addition to contributing its subsea business to the joint venture, at closing Schlumberger will issue to Aker Solutions shares of Schlumberger common stock valued at $306.5M in a private placement. Concurrently, Subsea 7 will purchase its 10% interest in exchange for $306.5M in cash to Aker Solutions. The joint venture also will issue a promissory note to Aker Solutions for $87.5M. At closing of the joint venture, Schlumberger will own 70%, with Aker Solutions owning 20% and Subsea 7 owning 10%. The transaction is subject to regulatory approvals and other customary closing conditions and is expected to close in the second half of 2023.
ACN KUBTY

Hot Stocks

05:31 EDT Accenture, Kubota form joint venture to address global issues - Kubota (KUBTY) and Accenture (ACN) have formed a new joint venture company, Kubota Data Ground, to accelerate the digital transformation of the Kubota group's business model and operating infrastructure. The new company will begin operations on September 1. Kubota Data Ground will be a subsidiary with strategic capabilities in DX that it will use to further contribute to solutions for food, water, and environmental sustainability. In addition, the company will develop digital human resources and a cloud-based digital platform that will strengthen and upgrade existing businesses by connecting internal and external services and data. The company will collect and analyze data related to food, water, and the environment, using it to develop more efficient business processes and create sustainable solutions. The company will apply IoT, AI, and cloud technologies to data on crops and farmland to improve overall productivity in agriculture. In addition, the company will aim to solve food-related challenges and create new added value for the entire chain, starting with farmers through to distributors and consumers. The company will create solutions that improve efficiency and extend use-life for pipes, treatment plants, and other urban infrastructure. It will also look to improve disaster resilience with monitoring and management platforms capable of responding to conditions throughout the water supply ecosystem. It will also create resource recovery solutions that collect and sort waste materials and recycle them into electricity, fertilizer, and valuable metals.
ACN

Hot Stocks

05:28 EDT Accenture invests in Pixxel, terms undisclosed - Accenture has made a strategic investment, through Accenture Ventures, in Pixxel, an earth imaging technology company. Based in Bangalore with a presence in Los Angeles, Pixxel is building the world's highest resolution hyperspectral imaging satellite constellation in order to offer industry AI-powered insights that discover, solve, and predict climate issues at a fraction of the cost of traditional satellites. Pixxel's first commercial phase satellites are scheduled to be launched in early 2023 along with the commercial sale of its data.
OKYO

Hot Stocks

05:27 EDT OKYO Pharma announces plans for Q4 IND filing for OK-101 - OKYO Pharma announced plans for a Q4 IND filing for OK-101 to treat dry eye disease, or DED, with AmbioPharm playing a key role in peptide manufacturing and development. AmbioPharm is supporting the OK-101 program with peptide synthesis and development. A peptide contract development and manufacturing organization providing cGMP peptide APIs with capabilities ranging from research to commercial scales, AmbioPharm actively engages with innovative biopharmaceutical companies in developing peptide technologies that utilize AmbioPharm's peptide manufacturing expertise and in-depth scientific experience in novel and conventional peptide chemistry.
FREY NJDCY

Hot Stocks

05:25 EDT Freyr, Nidec sign joint venture agreement for battery energy storage products - Nidec (NJDCY) signed a joint venture agreement with Freyr Battery (FREY). Freyr is planning to start mass production in 2024. Freyr has semi-solid lithium-ion battery manufacturing technology in terms of quality and manufacturing process. The company will manufacture batteries in Norway, an advanced decarbonization country, exclusively using clean renewable hydroelectric power locally available. Consequently, Freyr 's production of battery cell is environmentally friendly, and it gains competitive advantage in terms of abundant energy supply and lower cost coupled with lower CO2 emissions. Nidec's Battery Energy Storage Solutions, or BESS, provide services to the grid that enable accelerated adoption of renewable power generation which contributes to the realization of a carbon-zero society. Freyr will manufacture eco-friendly semi-solid lithium-ion batteries using 100% renewable energy through a dedicated power purchase agreement with Statkraft based on 100% hydroelectric power. Nidec's partnership with Freyr will ensure a procurement of semi-solid lithium-ion batteries for Nidec's BESS solutions. The objective of the alliance is to jointly create a provider of utility scale battery energy storage products drawing on Freyr's low-carbon battery technology and Nidec's position in utility scale energy storage systems. By concluding this joint venture agreement, Nidec will strengthen strategic partnership with FREYR and aim to further expand the BESS solution business in the future. In parallel, Nidec continues to work on strengthening its partnerships with leading lithium-ion battery suppliers in order to secure our needs for battery products and support growth in the coming years.
AMZN

Hot Stocks

05:20 EDT Amazon Web Services launches second region in Middle East - Amazon Web Services, or AWS, an Amazon company, announced the launch of its second region in the Middle East, the AWS Middle East, or UAE, Region. Starting immediately, developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations will have even greater choice for running their applications and serving end users from data centers located in the United Arab Emirates, using advanced AWS technologies. AWS estimates that its projected spending on the construction and operation of the new region will support an average of nearly 6,000 full-time jobs annually at external vendors, with a planned $5B investment in the local economy through 2036. The AWS Middle East Region will also add an estimated $11B over the next 15 years to the UAE's gross domestic product.
ORAN EQIX

Hot Stocks

05:16 EDT Orange, Equinix announce collaboration on Bare Metal as a Service capability - Orange (ORAN) and Equinix (EQIX) announced a collaboration to expand the Orange Telco Cloud footprint, using Equinix's Bare Metal as a Service capability, Equinix Metal, to speed the deployment of Orange's New Generation International Network. The new model enables Orange to provide business and wholesale customers with on-demand Telco Cloud Points of Presence, or PoPs, delivering essential services such as SD-WAN, CDN, 5G roaming and voice services, with an expected latency below 10 milliseconds. Three locations will be deployed by the end of this year: Amsterdam, Madrid and Seattle.
GGR TSM

Hot Stocks

05:07 EDT Gogoro partners with TSMC to launch GoShare in Taichung City - Gogoro (GGR) announced it is partnering with Taiwan Semiconductor (TSM) and Taichung City Taiwan to launch GoShare, Gogoro's electric mobility sharing service for the residents of Taichung City, Taiwan's second most populated city. Gogoro GoShare Smartscooters will be available 24/7 to Taichung City's residents. GoShare will provide exclusive riding coupons to 50,000 freshmen in 17 universities in Taichung City. GoShare will expand its coverage to neighboring cities and connect multiple railway stations. In addition, TSMC joins the GoShare for business platform to encourage employees to ride electric scooters for daily commutes. More than 60,000 TSMC employees will enjoy exclusive discounts for every GoShare ride.